Well I see some people are already trying to pull the accounting apart.
Quick reminder it is a INDEPENDENT AUDIT
Gaz - I'm not going to make any comment on SAGA's accounts or SAGA itself, but what you have just said is absurd. Accounts are intended to be read and interpreted - whole degree courses are run on this - and unless you do so you get absolutely no information from them. The "audit" aspect is restricted in its conclusions - it always is - and it is only based on whatever the accounts themselves say.
The fact that some accounts have been produced (only for the most recent two years of a total of ten that SAGA has been operating) is a major first step, but what the accounts actually say is crucial.
If anyone is interested, I did a quick analysis of aspects of these accounts and have posted that elsewhere. I'll post it here if people want me to.