Trust consolidation

Jignesh Selarka (To become successful CA)   (70 Points)

28 March 2012  

i have a trust audit .the trust is running 3 schools and a college under it .how am i supposed to prepare the accounts for the purpose of drtafting the audit report ??whether i should consolidate  all of them or should i just transfer the profits os all subsidiaries to the main trust or ny other option do i have??