165. Legal Aid Botswana  2.0 Accounts 2.1 Audit Opinion In the opinion of the auditors:  2.2 Financial Results 2.3 Working Capital 3.0 Management letter The financial statements of Legal Aid Botswana for the financial year  ended 31 March 2018 were audited by Messrs Grant Thornton, Certified  Auditors, who were appointed by the Board.  The financial statements presented fairly, in all material respects,  the financial position of Legal Aid Botswana as at 31 March 2018,  and of its financial performance and cash flows for the period  then ended, in accordance with International Financial Reporting Standards.  In the year under review, the organisation recorded a surplus of  P1.42 million, compared to P370 577 in the previous year. Income  increased by P6.97 million (26%) from P26.75 million in the previous year to P33.72 million in the year under review, while on  the other hand, expenditure increased by P5.92 million (22%)  from P26.38 million in the previous year to P32.29 million in the  year under review.  The organisation is funded by Government grants, and in the  year under review the grant was P33.54 million, representing 99%  of the total income. The working capital position of the organisation as at 31 March  2018 showed total current assets of P9.09 million and total current  liabilities of P9 million, resulting in a net current assets position of  P94 337.  The auditors had issued a management letter and the issues  raised dealt with accounting procedures and internal controls  which were only of interest to management, hence did not merit  mention in this report.  179 