Registered numbgr: 1802908 Charity number: 515473 EAST LINDSEY INFORMATION TECHNOLOGY CENTRE TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023 •L)MFTS* 27A)4r2024 C*AP*NIES HtJJSÉ A11 33 EAST UNDSEY INFORMATION TECHNOLOGY CENTRE CONTENTS Page Reference and adminislrative detalls of Ihe Company. its Trustee$ and advls•rg Trustees. report Independent auditors, report on the financial statements Consolidated statgmgnt of financial aclivities 10-14 15 Consolidated balance sheel 16 Company balance sheet Consolidated statement of cash flows 17-18 19 Notes to the financlal slatements 20-35 EAST LINDSEY INFORMATION TECHNOLOGY CENTRE REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 JULY 2023 Trustees L J Duckel P Mccooey L G Harman Company registered number 1802908 Charity registered number 515473 Registered office Unit 3 Lovth Station Estate L￿jth LN11 OJT Company secretary P McCo￿Y Chief executive officer I D￿kinsOn Independent auditors Streels Audil LLP Chartered Accountants and Slalulory Audrtor Tower House Lucy Tower Slreet Lincoln LN1 1XW Solicitors Langleys Otympic House 995 Doddinglon Road Lincoln LN6 3SE Bankers Lloyds TSB Nottingham BSC 11 Low Pavement Nottin9ham NG1 7DQ Page 1 EAST LINDSEY INFORMATION TECHNOLOGY CENTRE TRUSTEES. REPORT FOR THE YEAR ENDED 31 JULY 2023 The Trustees present their annual report together wrth the aLidrted financial statements of the Company for the year 1 August 2022 to 31 2023. The annual report serves the purposes ol both a Trustees. report and d1￿CtOrS. report under company L3w. The Trustees confimi th* the annual report and financial statements of rhe charitable company comply wrth the eurrenl stalulory reqU1￿MentS, the requiremen15 of the charrtable company's governing document and the provisions of the Statement of Recommended Practice ISORPI applicable lo charilies preparing their a￿oUnt$ in accordance with the Financial Rewtin9 Siandard applicable in the UK and Republic of Ireland IFRS1021 (effective 1 January 20191. Since Ihe group and Ihe C¢)mpany qualfy as small under seclion 383 01 the Companies Acl 2006, the group strategic report require(1 of medium and large companies under Ihe Companies Act 2006 Islralegic Report and Directors, Report) Regulations 2013 has been omitted. The group and the Company also Irade under the names First Colkge. Objectlves and acllvltles a. Pollcies and objectlves In setting objectives and planning fN aclivilies. the Trustees have given due wnsideralion lo general guidance published by the Charty Commission rdatiNJ to public benefil. including the guidance 'PUbl￿ benefit.. running a charity {PB21'. 11 is understood that our serwces nee<1 to be beneficial In general and to a wde section ol the community lo eomply wth The Charity Commission. The charity's objectives as set out within the Memorandum of Association ol East Lindsey Information TechnolfYJy Centfe are". 1. The pr¢)motion and advancement of educalKJn and trainin9 of the publ¢. including the long term unemployed lo acquire vc¢ational qualificatKJns and work related 5ki115 a5 required by tocal employers and industries as well as meeling nalional government targets by means of both instructor led. self study courses and the provision of practical experience. 2. The relief of unempbymenl for the publt benefit in such a way as may be thought frt, including assistance lo find employment. Addrtionalty sel ¢JJl wrthin our business plan we have the fc41owing company objectives.. 1. To remain financially viable 2. To provide h￿h quality learning serwces 3. To adhere lo our customer semce values 4. To piowde staff wÉth a posrtive, rewarding and s*e wthing environment The company vision is to deliver high qualrty leaming that raises participation and attainment while meeting the individual n&eds of learners through colLAborative partnership working and empk)yer engagemenf. First College is established.to promote and provide for the advancement of the education and training of young persons and adulis. First College works closely wlh some 21JO kxal employers and with Schools and Colleges of Further Education. First College primarity serves the E8s1 Lindsey area lo the benefrt of young people and adults with training, leading to the attainment of recogni5ed qualifications and employment. First College is a member of the Association of EmployTnenl Learning Provsders. which is the national body representing provider views. The Business Manager is on the Boaid ol the Employment Skilb Boaid of the Greater Lir￿oI￿ShIre Lc¢al Enterprise Partnership. Page 2 EAST LINDSEY INFORMATION TECHNOLOGY CENTRE TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 JULY 2023 Achievements and performance a. Review of activities Planned Oevelopments 2022123 and results Successful outcome fmm OFSTED inspection /inspection vislL Inspected by OFSTED March 2023 and graded GOOD. Update Staff inlemal recruitment pra¢ti¢es to include electroni¢ appllcation methods and initial Occupational Health Assessments. Carried fO￿ard lo the new fin8neial year. Successful outcome from Alatnx rnassessmenf Full $uc¢e$sful reassessment June 23 Suecesslul outcome from investors in people reassessment. We have decided as a business lo no longer continue wth this award. Successful outcorne in rea$Se￿ment lor cYberE￿en￿?ls Plus. Cyber Es5enlb*s was reaccrediled 4th January 2024 and Cyber Essentials Plus w8$ reaccredited 3rd April 23. Successful submission to new ESF a worfrforce dats Collection portal. The submission was c¢ynpleled $u¢¢essfulty. Introduction olsoft outcome taryets at individual and team level. Carried forward lo the new finaneial year. More dlrect working with Employers for the purpose ol gaining employment for customers including part time worfr. All EMplO￿ent coaches delivering Restart work direclly wilh Employers. Introduce working procedures to ensurn our leamers and employees engage with and leedback into the ESFA'S leamer and employer'Find an Appientice. leedbackportals. Currently graded 3.6 lout of 41- Excelknl. Develop a new clear strategy for working with larger employers such as ELDC and PSPSL to avoid losing business to competitors. Staff have insured Iheir Vdorking relationships are conslarbl wrth the larger employers. Prep8r• Ityintroduction of new ESFA independent training pmvider flnancial assurance Iramework. Delayed by ESFA Page 3 EAST LINDSEY INFORMATION TECHNOLOGY CENTRE TRUSTEES. REPORT {CONTINUEDI FOR THE YEAR ENDED 31 JULY 2023 Achievements and pgrforniance {continuedl To develDP a clear budget for participant spend on Restart to get value for customers and avoid ¢lawback. Time has been invested in looking at the expenditure streams attaching lo the participants journey through the Restart program. Increased investment wll both positively impact the participant as well as reducing the potential for clavh)ack. b. Fundraising activities and income generation First College does not fundraise. Flnancial revlew a. Going concem After making appropriate enquiries. the ITustees have a reasonable expeclalion Ihal the company has adequate resources to continue in opera110nal existen￿ lor the foreseeable future. For this reason they continue lo adopt the going concern basis in preparing the financkil slalements. b. R•servos policy The Charity holds reserves to ensure funds aTe available to maintain high qualrty training facilities. including up to date equipment and a safe working environment. In addition. reserves are held lo ensure continuity in the event of a large variation in the net income and to bridge any cash flow problems. The Board wms lo maintain an adequate level ol reserves. This is expectenal. pertomiance and quality mprovemenl matters ensuring cross-organisation consistency and standardi5ation. To take a leading role in all matlers relating to quality impfovemenl including assessment, Internal qualrty assurance. awardin9 body liaison and e•learning. There is a team leader in each of the follo￿ng areas". Business, Earty Years. Hosprtality and Recrurtment. Working Groups The organisalional structure is 5upplemenled and supported by W0￿1n9 Groups wmprising of staff from various areas to concentrate on specilic topics and task5. Wide invofvement by staff is welcwed and encouraged. The Vvorking Groups listed here were active In 2022123. Strategy Group Compliance Group C¢)mmunicalion Group Quality Systems I Sell Assessment and Inspection Working Group IQSWGI Internal Quality Assurance anfj Assessment Standardisation Group Strategy Group The Strategy Group is led by the Business Manager arKI comprises ol the Learning Contracts Manager and Finance Manager. The Strategy Group considers operational and str*egK issues. It Consults and liaises wrth Staff, Manageis and Trustees as appropriate. Internal Quality Assurance Assessment and Stsndardisation Group The Learning Development ManagerlLead IQA lead5 thi5 group, which is responsible for ensuring best practice and standardisation across the whole college with all intemal quality assurance and assessment processes. The group is allended by all Intemal Qualrty Assurance staff_ Compllance Group The Compliance Group exi515 to ensure the company remains legal in relation lo all Breas affecting our business. The group consists of the Business Manager and the Personnel Adviser. The group maintain all po11cies relating to these areas. The Business Manager wll bring some olher legal obligations lo the meeting where appropriate. Ihese can include Employment Law, GOPR, Company Law and Chaflty Commission rules and regulations. The Business Manager is responsible lor all siaff ernployment Conditions which include Ihe conlenls of the Staff Handbook and the p￿tY documents_ These other polKy documents are also reviewed within Ihe Compliance Group. Communl¢ation Group The Communiealion Group exists to ensure Ihat there an ongoing and e￿ar undersianding of Contracls perfomance, quality assurance and other factors affeding First College. The group will revw and discus5 contract performance, financial performance, delNery in accordance wilh Contracl. Inspectorate and External Body requirements, self assessment, business support including markelsng, legal obligations. infrastructure including premises and IT. The Learning Contracts Manager wll lead on matter5 relating to the leaTning function of First College and the Business Manager will lead on m*ters relating to the busines5 funclv)n of First College. The Learning Contracts Manager and the Business Manager will agree agenda items in advance ol meetings. The LearnNI9 Contracts Mana9ef wil chaii the meetings. Attending the meelirws will be all teams leaders. Quality Syslems I Self Assessment and Inspection Working Group {QSWG} The Quality Assurance Manager leads Ihis group which keeps First College up lo dale on best practice in quality related malters. Maintain the QMM. The group takes a leading role in all matter5 relaling lo setf- assessment. Pa9e 6 EAST UNDSEY INFORMATION TECHNOLOGY CENTRE TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 JULY 2023 Stru¢lure. govemance and management Iconllnuedl auéil, action planning and external inspection, whilst liaising closety Y￿h the Inlemal Quality Assurance Assessment and Slandardisalion and Compliance Groups. Equality and Diversity The Board will consKler Equalrty and Divers¢ty issues al rts Board Meetings on an ongoing basis and will annually review all policies and other communication that relale to Equality and Diversty. Data Protectlon The Boar¢J will consider Data Protection issues al rts Board Meelings on an ongoing basis and will annualty review 811 policies that felale lo Data Protection. Safeguarding The Board will Cons￿eT Safeguar(Jing issues at rt$ Board Meetings on an ongoing basis and will annually review all policies that relate to Safeguardin9. Note". Other Staff Groups an￿0[ fonjms are brought together from t*me to time to address matters that may require a specific input", these can include Marketing etc. 8oard Committeg Reffluneration Committee A selected group of Trustees and the Business Managef cary ¢)Ut an annual revw of staff terns and conditions of service including salary. pension and travel arrangements that will be applied to all staff lineludin9 key managemenll annual￿. Any amendments required during the year as a result of a change in performance or job conlenl are enacted by the Business Manager (working wrth in a +l- I0%1 and reported to the Committee. The Board will follow Remuneration Committee recommendation5. d. Pollcies adopted for Ihe iniluction and training of Trustees On appointment, all r￿¥ Iruslees wll be provided wilh Ihe fdk)wing documents.. Memorandum ol Associalion Articles of Associafi Chanty Commission Guidance CC3 - Responsibilty of Charty Trustees The latest Strategic Business Plan and a copy of the latest Financial Statements e. Financial rlsk managernent The Trustees have assessed the major risk5 to wh￿h the Group and the Company are exposed, in part￿CUlar those related io the operations and finances of the Group and the Company. and are satisfied that systems and proce(Jures are in place to m((ig*e exposure to the major risks. Pa9e 7 EAST LINDSEY INFORMATION TECHNOLOGY CENTRE TRUSTEES. REPORT (CONTINUED} FOR THE YEAR ENDED 31 JULY 2023 Plans lor future periods Update Staff internal recfuthent practices to include electronic application methods and initial Occupational Health Assessments Successfijl outcome from Matrix reassessrnenl Successful outcome in reassessment for Cyber Essentials and Cyber Essentials Plus Successful submission lo new ESFA workforce data collection portal Introdudion of soft oulc¢yne largets at individual and team level Complele a program of redecoration and general tidwn9 up of the Ida Road premises Carry out a survey of employers and schools in relation to their needs Establish CUrr￿uluM learning groups lor ￿8(ner$ from ¢Jay one of leaming Establish 5y51ems for electronic learning for retention and storage 10. Update all telephone systems where required al cenlres lo cloud based from ISDN Statem9nt of Trnstees. responsibilities The Truslees Iwho are also the directors of the Company for the purposes of company lawl a￿ responsible for preparing the TfUStees' report and the financial statements in accordance with applicable law and Unrted Kingdom Accounting Standards {Unrted Kingdom Generalty Accepted Ac¢oLJnling Praclicel. Company law requires the Truslees lo prepare financial siatements for each financial . Under company law. the Trustees musl not appfove the financial slalements unless they are satisfied Ihat they give a true and fair view of the slate ol affairs of the Group and the Company and of their incoming resources and applicalitsn of resources. including their Income and e¥pendrture, for that period. In p￿Paring these financial statements, the Trustees afe required to.. select 5uilable accounting policies and then apply Ihem ¢onsistenlly'. observe the melhfyjs and principles of the Charities SORP IFRS 102}.' make judgmenls and accounting eslimales that are reasonable and prudent", slate whether applicabbe UK Accountin9 Standards {FRS 1021 have been followed, subjecl lo any material departures disclosed and explained in the linancral 51atemenls", prepare Ihe financial statements on the going concern basis unless it is inappropriate to presume that the Group will conlinue in business. The Trustees are fesponsiwe for keeping adequate a¢¢ounling records that are sufficienl to show and explain the Group and the Companls tran58¢tions and dis¢lose with reasonable accuracy al any time the financial position of the Group and the Company aftd eftable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assels of the Group and the Company and hence for taking reasonable slep5 for the prevention and detection of fraud and olher irreguiarrties. Dlsclosure of inforn)alion to auditors Each of the per50n5 who are Trustee5 at the time when Ihi$ TnJstees' report is approved has confirmed that.. so far a5 that Trustee is aware, there is no relevant audit inform*ion of which the charitable group's auditors are unaware, and that Trustee ha5 taken all the steps that ought to have been taken as a Trustee in order to be aware of any relevant audit infomalion and lo establish that the charilable group's audrtors are aware of that information. Page 8 EAST UNDSEY INFORMATION TECHNOLOGY CENTRE TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 JULY 2023 Auditors The audrtors. Streets Audit LLP, have indicated their willingness to continue in off￿e. The designated Tnjslees will propose a motion reappointing the aLKlitots al a meetin9 of the Trustees. Approved by order of the members ol Ihe board of Trustees signed on their behaw by". PMCC Trustee Dale. 22 April 2024 p￿e9 EAST UNDSEY INFORMATION TECHNOLOGY CENTRE INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF EAST LINDSEY INFORMATION TECHNOLOGY CENTRE Opinlon We have audiled the financial statements of East Lindsey Information Technology Centre Ilhe 'parenl charitable company'l and its subsidiaries lthe 'group'l for the year ended 31 Juty 2023 which comprise the consolidated statement of financial activiti'es, the consolklated balance sheel. the company balance sheet. the consolidated slalemertt of cèsh flovls and the relate(I notes. including a summary of sMJnificant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financol Reporting Standard 102 'The Financial Reporting Stsndard applicable in the UK and Republic of Ireland. Iunited Kingdom Generally Accepted Accounting Praclicel. In our opinion the financial statements.. give a true and fair wew of Ihe stale of the Group's and of the parent charitable companys affairs as al 31 July 2023 and of the Group's incoming ￿sOurCeS and applKalion of resources, including ils ine¢Jme and expenditure for the year then ended". have been properly prepared in accordance wrth Unrted Kingdom Generally Accepted Accounting Practice,. and have been prepared in accoidance wrth the ￿qUirementS of the Companies Act 2006 and the Chanties Act 2011. 8asis for opinion We conducted our audit in accordance ￿1h Intemalional Standards on Auditing (UK} IISAS IUK)} and appI￿able law. Our responsibilities under those stsndards are further described in the Auditors. respon5ibililie5 for the audit of the financial slalements seclion of our report_ We are Independent of Ihe Group in accordance with the ethical requirements that are relevant 19 our audit of the financial ststemenls in the United Kingdom, including the Finaneial Reporting Council's Ethrcal Standacd, and we have fulfilled our other ethical responsibilitres in accordance wilh these requifements. We believe that the audit evidence we have obtained is sufficient and appropriate to prowde a basi5 for our opinion. Conclusions relating to going concern In auditing the financial statemenls. we have concluded Ihat the Trustees. use ol the going Concern basis of a¢¢ounting In the preparation of the financial statements Is appropriate. Based on the work we have performed. we have nol Klentrfied any material uncertainties relating lo evenls or condf(it)ns that. individualty or Col￿tiVely, may cast si9nrficanl doubt on the Group's or the parent charitable companWs ability to continue as a going concem for a per(od of al least twelve months fr¢>ll when the ftTran¢ial statements are authorised foi Issue. Our responsibilities and the re5pofb5ibilities of the Trustees ￿th respect to going concem are described in the ielevant sections of this report. Page10 EAST UNDSEY INFORMATION TECHNOLOGY CENTRE INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF EAST UNDSEY INFORMATION TECHNOLOGY CENTRE {CONTINUEDI Other information The other information comprises the infomialion included in the ann(Jal report olher than the financial statements and our auditors. report th8reon_ The Tfusiees are ￿Sponso￿ for the other infomiation contained within the annual report. Our opinion on Ihe financial statements does nol cover the other infocmalton and. except lo the exlenl olhewse expliciily slated in our report. we do not express any form of 35surance eonclusion Ihereon. Our responsibility is lo read the othef information and. in doing so, conSKler whether the other information is materially inconsislenl with the financial slatements or our knovAedge obtained in the course of the audit, or othe￿iSe appears lo be malerialty misslated. 11 we Klentrfy such malerial Inconsi51encie5 or apparenl material misstatements. we are required to detemine whether Ihis gives rise to a material misstatgmenl in the financial stalemenls Ihemselves. If. based on the work we have perfomied, we conclude that there Is a material misstalemenl of this other Infomation, we are cequired lo report that fact. We have nothing lo report in this iegard. Opinion on other matters prescribed by the Companies Aet 2006 In our opinion, based on the work undertaken in the course of the audit-. Ihe infofmation given in the Trustees. report for the financial year for wh￿h the financial statements are prepared is consislent with the financial statements. Ihe Trustees. report has been prepared in accordance wrth applicable legal requirements. Matters on which we are required to report by exeeption In the Ipht of our knO%￿edge and understsnding of Ihe charitable company and its environment obtained in the course of the audit, we have not hlenlrfied material missL*ements in the Trustees. report. We have nothing lo report in respect of the f01b)￿.ng matters in relatK)n to which Companies Act 2006 requires us to report lo you if, in our opinion" the parent eharrtable company has not kept adequate and sufficient accounting records, or returns adequate lor our audil have nol been received from branches nol visited by us," or the parent charitable company financial slalements are not in a9reement with the ac￿Ltnting records and relurns.. or certain di$¢k)$ures of Trustees. remunerati¢)n specrf*d by law are not made.. or we have nol received all the Information and explanations we require for our audit.. or the Trustees were not entille(J lo prepare the financial statements in accordance wrth the small companies regime and lake advanlage of the small companies. exemptions in preparing the Trustees, report and from the requirernenl lo prepaie a Strategic report_ Page11 EAST UNDSEY INFORMATION TECHNOLOGY CENTRE INDEPENOENT AUDITORS. REPORT TO THE MEMBERS OF EAST UNDSEY INFORMATION TECHNOLOGY CENTRE ICONTINUEDI Responslbililies of Irustees As explained more fulty in the trustees. responsibilities slalement. the Tru51ees (who are also the directors ol the charitable company for the purposes ol company law) ale responsible for the preparation of the financia slalemenls and for being 5a115fied Ihat they gtve a true and fair vw, antl for such inlemal control as the Trustee5 deleTmine is necessary lo enable the preparat￿n of finaneKal slalements thal are free from material misslalemenl. whether due to fraud or error. In preparing the financial slatemenls. the Trustees are responsible for assessing the Gioup's and the parent charitable company's ability ¢0 continue as a going concem, disclosing, as 8pplicable, matters related lo gorng concern and using the going concern basis of accounting unless the Trustees either intend lo liquidate the Group or the parent charitable ￿MpanY or lo Cease operations, or have no realistic attemalive but Its do so. Page 12 EAST LINDSEY INFORMATION TECHNOLOGY CENTRE INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF EAST LINDSEY INFORMATION TECHNOLOGY CENTRE ICONTINUEDI AudFiors' responsibilities for the audit of the financial statements Our objectives are to obtain reasonable assurance aboLrt whether the financial statements as a whole are free from material misslalement, whether due lo fraud or error, and to issue an audrtors. report that includes our opinion. Reasonable assurance is a high level ol assurance. bul is not a guarantee that an audit conducted in accordance wrth ISAS (UK) wll a￿VaYS detecl a material misslalemenl when it exisls. Misslalemenls can arise from ffaud or error and are considered rf. in¢JivIdual￿ or In the aggregate, they could reasonably be expected lo influence the ec(￿0mle decisions ol users taken on the basis of these financi81 slatemenls. Irregularrties, including fraud, are instances of non-cclnpliance y￿h law5 and regulations. We design procedures in line with our responsibilities, outlined above. lo delect material misstatements in respect of irregularities, including fraud. The extent to which our procedure5 are capable of detecting Irregularih"e5, including fraud is delaikd below.. the engagement partner ensured that the engagement team ¢olleclivety had the appropriate competence. capabilities and skills to identrfy or recognise non-compliance wth applicable laws and regulations," we idenlified the laws and regulations applicable to the company through our commercial knowledge and experience of the charity and secloi in which il operales". we focused on specific laws and regulations which we consKlered may have a direct material effect on the financial statements or the operalions ol Ihe company. including Ihe Companies Act 2006, SORP 2015 IFRS 1021. taxation legislation. data proteclion, ant￿bribery, employment., we assessed the extent of compliance wth the laws and regulations identrfied above through making enquiries of management and inspecting legal correspondence.. and identified laws and regulations were communicated wthin the audit team regularly and the team remained alert to inslances of nOn-￿MpIonCe Ihroughout the audrt. We assessed the susceptibilty of ihe CoMpan￿S statemenls to material misslalement, inclLhJing obtaining an urKlerslandiro of fraud mKJht (xcur. by.. making enquiries of management as lo ￿ere they eonsidered there was susceplibility lo fraud, their knowledge ol actual, suspected and alleged fraud, and consKlering the internal conlrols in place lo mitigate risks of fraud and nonwcomplianee wrth laws and regul*ions. To 8d¢Jress the risk of fraud through management kn"8s and override of controls, we.. perfomied analyiical procedures to ￿entIfy any unusual or unexpected relationships., tested journal entries lo identify unusual tranSaCt￿n$", assessed whelher judgements and assumption5 made in determining the aCc(￿nting estimates sel out in Note 2 were indicative of potenlial bias. and investigated the rationale behind Signif￿ant or unusual Iran$a¢tions. reviewed Trustee meeting minutes for evidence of appropriate decisiofvmaking and management conlrols. In response to Ihe risk of irregularities and non-compliance wrth laws and regulations, we designed procedures which ineluded. but were nol Iwnrted to". agreeing financial statement disclosures to undertying SUPPOrting dctumentation,. reading Ihe minutes of meetings ol those charged wlh governance", enquiring of management as lo aclual and potenlial1rt1galion and claim5". and There are inherent limi(alions in our aLKlit prccedures described above. The more removed Ihal laws and regulations are from linan¢ial transactions. the less likety rt is that we woukl beeome aware of non-compliance. Auditing standards also limrt the audit procedures required lo identify non-compliance with laws and regulations Page13 EAST LINDSEY INFORMATION TECHNOLOGY CENTRE INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF EAST LINDSEY INFORMATION TECHNOLOGY CENTRE ICONTINUEDI to enquiry of Ihe directors and other management and the inspeclion of re9ulatory and legal correspondence, if any. Material misslatwments that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collus￿n. A further description of our responsibilities for the audit of the financial stalemenls is located on the Financial Reporting Councifs website at.. www.frc.or kl udrtorsres This descripl*)n fomis part ol our auditors. report. Use of our report This report is made scAely lo Ihe charilable companls members. as a body, in accordance wth Chapter 3 of Part 16 of the Companies Act 2006, and to the charitable company's trustee5, as a body. Part 4 of the Charrties IA¢counls and Reports) Regulations 2008. Our audit work has been undertaken so thal we might slate to Ihe charitable company's members Ihose matters we ale required to stale to Ihem in an auditors. report and for no other purpose. To Ihe fullest exlenl permitted by law, we Oo nol a¢¢ept or assume responsibilty lo anyone other than the charilable company and 115 members. as a bo. Contributions lolalling £6,147 12022.. £6.5591 We￿ payab￿ to the fund at the balance sheet d*e and are included in credrtors. Operating18as8 commitsnents The Group and the Company had Commthents under non