ort of the Inde enclent Auclilors lo Ihe Trustees aiid Members of Coliii Nci lili(Jurhood I'ai'tiiershi Opiiiion Wc have aiidited Ilie fiiiaiicial slateineiits of Colin Ncighbourliood I'arliici'sliiii (thc 'Llidrilable coini)aiiy') foi. Ihc ycar ended 31 March 2023 which coinprise Ihc Stiilemciit of fiiiaiicial Aclivitics, Ilie Slatcinenl of riiiaiicial l)os ilioii, Ilie St(Ileiiieiit of Casli flows and Iiotes to thc fiii¢iiicial sldl¢iiiciils, iiicliid iiig a suiiiiii(Il'y of sigiiil Icaiit accoiiiiliiig policics. Tlic fiiidiicial i-eporling fraiiicwork Iliat Iiils bccii (ipplicd iii Ilicii. i)rcpai-atioii is appl icable law and ljiiilcd Kiiigdom Accountiiig Slandai'cls (Ui)ilcd Kiiigdoin Geiieral ly Accepled Accountiiig Practice), includiiig F inancial Ileporting Slaiidard 102 "I'hc fiiiancial Ileporliiig Staiidai'd applicable in the UK and Republic of Irelaiid,. Iii oiii- opiiiioii the fiiianLial stateiiieiil.s: givc a triie aiid fair view of Ihc slalc of ilie charitable coinpaiiy's alTair.s as al 31 Mai'cli 2023 aiid of ils incoiiiing rcsoiii'ces aiid <1ppI iLdlioii of rcsourccs, iii¢luding ils iiJcoinL' aiid CXPL'lI(l iliirL, for Ilie yLllI' tlicii elided; iave b¢cn properly prepared iii accordance willi Unilcd Kingdoin Cienci'ally Acccpled ALcouiiliiig l)ractice, incliiding financial Rcportiiig Standard 102 'fhe fin¢iiicial Rcpurliiig Staiidarcl aiipl icablc iii Ilie UK arid Rcpiiblic of Irclaiid,; diid liave been pi'cpill'ed iii ac¢orclaiicc with ihc rcquircinci)ls of Ilic Coiiipaiiies Act 2006. Ilasis foi. opinioii Wc coiiduclcd oiir audit in accordai)ce with International Siaiidai'ds on Aiiditiiig (UK) (ISAS (IJK)) aiid applicablc law. Our responsibililics uiidcr ihose slanddrds are fuilli¢i- dc%ci'ibcd iii tlic Aiidit()I's' I'csponsibilities foi. Ihc audit of ihc. fiiiaiicial slatcineiils scclioii of ()Iir rcp()rl. We ai'c iiidcpciidLnl or Ilic cliai'illible coini)dlly iii acLOI'daiicc wilh Ihc ctliical reqiiircinei)Is Ilial ¢ire i'clL'vaiil Io ()Lll' aiidil ()I"11)¢ I IiiaiiLial slalcinenl% in the IJK, iiiLliidiiiL IhL I.'IIC's Ltl)iCdl St<iiiddrd, aiid wc li¢lVC fiillillcd OLII. ollILI' clliiL<il I'csponsibilities iii accoi'daiice willi ilicsc reqiiircineiils. WL. bcl icvc Ilial the aii(lil cvidciiLL' wc liavL obtaiiicd is Si11cl¢ll1 aiid appropriale to providc a basis for our opiiiion. C()iiclusion.8 rclating ti) going c(IllCLirn Iii aii(lilingy Ilie fiiiancial slalci))Liils, wc liavc concllidcd tlial tlic Iriislccs, usc of Ilic goiiig coiicei'ii of accoiiiitiiig in ihc preparatioii of ilic fiiiaiicial stalcmciils is api)ropi'ialc. Ilascd on the work we have perforincd, wc liave not ideiilificd any malcrial uiicei'taiiities rclaling lo cvL'I)ts or coiiditions that, individually or collcclivcly, may cast sigiiificaiii doubt oli Ili¢ chai'itablL coinpaiiy's abilily to continiie as a going concern for a period of at Icast Iwclvc moiitlis froii) wlieii thc fiiiaiicial glatcinciils are autliorised for i8sue. Oiir re8ponsibil ities and the respoiisibilitics ot" thc truslecs wilh rcspeLI lo goiiig coiicL'i'ii ai'c dcscribcd iii Ilie i'elevant se¢lioiis of thi% I'cporl. Other information 'I"he trustccs are rcsponsiblc for tlie otlicr iiifoi'mation. Tlie oilici. iiifoi-iiiali()11 coiiipriscs Ilie iiiforiii<21ioii iiicludcd iii thc Aniiual Ileport, othcr tlian Ihc financial slatciiieiits aiid Iiui. Rcpoi't of the liid¢i)eiidciit Aiiditoi'% ihei'con. Our opinion oli the financial stateinenls docs iiot cover thc otlier inforin¢ilioii and, cxcept to tlie extcnt othei'wise explicitly stated in our report, wc do not exprcss aiiy form of assuraiicc conclusioii tliereon. Iii coniiection with our audit of ilic financial stateineiils, our respoiisibilily IS to rcad thc otlicr infoi'malioii aiid, in doing so, consider wlieihcr Ihc otlicr infoi-lnatioii is materially iticoiisistcnl witli tlie finaiicial 5tateillciits or oui. knowledge obldincd iii tlic aiidit or otherwisc appears lo bc inatci'ially Inisstatcd. Ir wc ideiitify such matcrial inconsistcncics or apparent malerial misslalemciils, wc are requircd to dctei'iniiic whcther this gives risc to a matcrial misstateinent in the financial slatcinciits ilicinselvcs. If, based oli ili¢ woi-k we have performed, we conclud¢ that therc is a malerial Ini.sslalemcnl ofihis otlier informalioii, we ai'c requircd to report that fact. Wc have iioihing to repoit in this regai'd. 14
rl of the Inde
cn(lent Audilors to Ihe Truslecs and Meiiibers of
Culin Nei
hl)ourlioo(I rtnci'.shi
Opinions on olher matters prescribL'cI l)y Ihc CompaniL¥S Acl 2006
In OLII. opiiiioiI, based on the work iindci'lakcii in the course of tlic audit:
Ihc infoi'iiiatioii givcn iii tlic Report of tlic 'l"ruslees for ilic financial ycai. foi. wliicli tlic fiiidncial
stdleinLnts ai'c prL'pai'Ld is coiisistciit witli ihe fiiiancial stateineiit%' iiiid
the Ilepoi'l of tlie Ti'ustecs lias becn prcpai'ed in accordance witl) applicablc legal I'cqiiirLin¢iils.
MattLI'S oil iyhich wc are required to rcporl by exeeplion
In Ilie liglil of Ihe kiiowledgc aiid iiiidci-.%ll1I(1lng of Ilic chai'iliiblL coinpaiiy aiid it.s eiivironincnl obl¢iiiicd iii
tlie LOllI-se of thc aLidit, wc liavc iiol idciili fiL'd iiialei'ial iiiisslaleineiils iii Il)c Ilcport ol. Ilic 'l'i'ustL'Ls.
We liav¢ nothing to I'cporl in I'cspccl of Il)e followiiig Inatters wliere tlic Coinpaii ies Acl 2006 1'L'qiiii'L's lis lo
report to YOLI i r, in oui. opiiiion:
adcqiiate accoiinling rccoi'ds have iioi bceii kcpt or rcluriis adcquatc for our aiidit have iiol bccii I'cccivcd
fi'oiii bi'anchL's iiol visitcd by us; or
tlic I111¢lllC ial stalciiicnls arc nol in agrceinciil with thc accoiiiiling rccords dnd rcliirns. or
cci'laiii disLlos111'c% of Iruslccs, rciiiiinei'alioii specified by law are iiol liiddc. or
wc liavc iiot rcceived all tlic iiifoi'iiialioii aiid explaiialioiis wc rcqiiirc f()r ()Iii- aiidil: oi.
tlie Iriistccs wci'¢ not L'iilitled to takc advanlagc of tlie sinal I compaijics exL'inplioii froin Il)c I'CqLI Ii'ciii¢iII Io
prepare a Sli'atcgic Reporl or iii preparing ihc Rcport or ilic Trustccs.
R¢sponsil)ilitiL)s of truslccs
As LxplilillL'(I Inorc fully in tl)e Siatcincnt of 'fruslccs' Ilespoiisibililics, Ilie Irii.slccs (wlio al'c also IIiL
dii'ectoi's of tliL' cliaril<iblc coinpaiiy for Ilic piirposes ()r coini)aiiy Idly) ai'c rcspoiisiblc for tlic i)I'LI)arcltioii ur
Ilic fiiiaiicial st¢ltcinL'iit.s aiid for bcii)g salisficd Iliat Iliey giv¢ a triiL' aiid fail. vicw, aiid foi. .8iicli iiilci'iiul
conli'ol as thL' Ii'uslecs dctcriniiic is iicccssary to eiiablc ihc prepdralioii or riiiaiiLidl slatciiiciil% Iliul ¢irc free
ri'oin Inalcrial Inisstatcinciil, whetlier duc to frdud or error.
In i)rcpariiig thc financial statcmcnts, thc Iruslccs arc responsible for asse%%ing tlic cliai'ilHblc coi)Ipaiiy'%
ort of the Inde endenl Auili¢()rs to the'frustees and Members or Colin Nei libourhoo(I Pa r(iiers1ii Our responsibilities for Ihe audit of the financial Statements Oui. objectives are to obtain I'easoiiablc assurance about wlieilicr tlic fiiiaiiLiiil statcinciils as a whole ai-c fi-cc fi'oin Inatci'ial iiiisslatcincnl, wliellici. diic to fraLid oi- ci-ror, iiiid io issuc a Ilepoi'l of Ilie Ii)depciidL'iII Aii(liloi's tliat iiiLlii(les OLir opiiiioii. Reasoiiable dssuraiicc IS d liigli Icvcl of a.s.siir£iiice. bul 1% iiol a Liii(Il'(Iiilcc 11)at ¢lll aiidit conducted iii accordaiicc witli ISAS (UK) will always dctect a Inaterial Inisstaleincnl wliL'ii it cxists. M isslateinenls can arise from fraud or eri'or and are considei'cd material if, iiid ividudlly oi. iii tlie dggi'cgatc, tl)cy coiild reasonably bc expeclcd io inllueiice Ihc cconoinic decisioiis of usei's lakeii ()ii Ilic basis 0 I. Ihcsc finaiic ial stalcmeiits. 'I'lie exteiit to which oui. proccdurcs are cdpablc of delcctiiig ii'rcgulai'ities, includiiig li'aud is dclai ILd bclow.. IrreEiilai'iliL's. iiicliidiiig fraud, are inslances of non-compliance willi laws aiid I'cgulatioiis. We desigii procediii'cs in liiic witli our rcspoi)8ibi lilics, ouilined abovc, lo delccl In&ileridl inisstaleinciils iii rcs1)LcI or ii'i'egiilarilics, iiicliicliiig fraud. Iii pai'liciilai., we Ii)okcd al wliere iiiaiiageinL'iil iiiadc sul)jL'LI ive judgLiiiLiils, ror cxaiiiple iii I'C5PLCt of accoiiiiliiig L'SI inialcs Ili<il involvcd iiiakiiig asSLlI)Iplioiis aiid Loiisidci'iiig liiltii'c cvciils tlial cl1'C inlici'enl ly iiiiccrlaiii. We also coiisiclci'cd potciitial l ili¢lllLidl oi. ollicr i)rcssiii'cs, ()i)Iioi'lLlI) ily aiid iiiotivations for fraud. As part of tliis disciissioii, we ideiilificd IliL' illtci'iial coiilrols cstal)lislicd li) Iniligalc I'isks rclaled to fi'aiid or iioii-coinpliaiice will) laws aiid I'cgiilalioiis aiid liow iiiaiiageineiit iiioiiil()I' Ihcsc pi'occsscs. Appropi'iatc procediircs iiicluded ihc revicw aiid ie81iiig of iiiuiiual joui'iial.s aiid kL'y cstiinalcs and judgcincnls madc by Inanaglcmeiit for risk or rraiid. 13<iscd oli oui. Iind¢i'slcinding of ihc coinpaiiy and iiidiislry, we idciilified Ihe pi'lllLipal risks or 11011-Loinpliaiicc willi laws and i'cg)ulalioiis as tliosc Iliai hilVL' d dirccl iini)acl oli tlic dcl¢i'iiiiii(Il i()ii ()r iiialL'I'itil Inoiiiils aiid di.sclostircs in ihc fiiiancial slaleinciils. Wc CViilLldtcd Inaiiageincnt's iiicentivcs aiid opporlui)ilies foi. fraudu Iciil iiiaiiipu lalioii of ilic fii)IlllLial st<il¢inLnls and idciililicd Ihc grcalcsl Potential for fr¢iiid. Wc LoiiiiiiiiiiicdlL'd Ilic idciilificd l<lW% Ill)d I'cglilal ioiis Ihi'()Iiglioiit Il)c audit tcilln and rcmaiiicd alci1 lo aiiy ii)diccilioiis of iioii-coiiipl iaiicc tlirouglioiil Ilie audit. Aiidil pi'occdurcs perforincd includcd, bul wcrc iiol liiiiilcd 10.. l)iscussioiis will) Inanagcinent iiicluding coiisidcratioii of kiiowii or su81)cclcd iiistaiiccs of noii-coinpliance wilh laws and rcgulalion and fraud; Rcvicwiiig ihc fiiiancidl statcmciit disLlosurcs aiid icstiiig lo supportiiig doLiiincnlati()ii' Review of board mecting minules of those cl)argcd willi govcrnance; In addressing Ihe risk of fraiid ihrough maijagcincnt overridc of conlrols, Icsting ilic dpproprililcncss of joui'iial enlries and other adjiislmcnts; As pail of ali aiidit in accordance wilh ISAS (UK), wc exercisc professional judg)InLiil aiid iiiaiiitaiii professional scepticism ihroubihoul Ilie audit. We also... Idcntify aiid asscss the risks of material misstatcincnt of ilic financial stalcinciits, whcilier duc to fi'aiid oi. error, design aiid perform audit procedures rcspoiisive lo those risks, and obidin audit cvidcnce Ilial is surriciciit and appropriatc to provide a basis for our opinioii. l-1i¢ I'isk of not dclcctiiig a Inalci'ial Inisstatcincnt resulting from fraiid is higlier Ihaii for one resiilting from erroi-, as fraud Inay involvc collusion, foi'gery, inteiitional oinissions, Inisrcprcscntations, or ihc ovcrridc of intCfIl<il coiiti'ol. Obtdin an understanding of iiiternal control relevanl to thc audil in ordcr to design audit procediii'e.% Ilial arc appropriatc in the circumstances. but not for ihe purpose of expressiiig an opiiiion on tlic cffcctiv¢ne%s of thc chariti¢5 internal control. 16
ort of the Inde
cn(lent Auditors to the Truslces and Mcmbers of
hboui'hood PartnL4rshi
Lvaluatc tlie approprialcnc55 of accounliiig policies used and tlic rcasoiiiiblciies.s of acL()uiiliiig estiindles aiid
I'elated disclosurcs Iiiadc by ihe trustees.
I'erfoi'in analytical procediii-e.s to idcntify any unusual or uiicxpected relalionships Ihat Inay iiidiLatc I'i%ks of
iiialci'ial iiii.sstaleineiit duc to fraud or errol..
Conclude oli tlic appropriatciiess of tlie trustces, usc of ihc goiiig coiicerii basis i)r accoiiiiliiiLJ Hiid based on
Ihc aiidit evidencc obiaincd, wliethcr a Inatci'ial unccrtaiiily cxisls rclatcd lo evei)Is oi. Loiiditioiis Iliat iiiay
Lasl siLyiiificaiit doubt on the cliai'itie5 ability to coiiliniic as a goiiig coiicei'ii. Ir w¢ ci)ncliide Ilial a Inalci'idl
Iiiicerlainty cxists, Ive arc I'eciuircd to draiv alleiilion in oiii. aiidilor's reporl lo Ilic rclalLd disclosiire% iii Ilic
riiianLicil %lalciiiciil% oi., if sucli disclo.siires al'e iiiadcqiialc, lo iiiodify oui. opiiiii)ii. ()Iir coiiclu%ioiis ai'L bdSL(I
(111 IIIL. aU(lil cvideiicc obtain¢il lip to IIIL. ddtc of our Audilor'.s I'eporl. I IowL'vcr, fuliii'e evciils oi. coiiclilioii.4
iiIAy cause Ilic chai'ily to cease lo conliniic a.s a goiiig coiicern.
valiiate tlic ovcrall pi'cseiitalion, slriiclurc, aiid conlenl of ilic finaiicial sldlL'inciit%, iiicliidiiig tlie (l iSLIo4111'cs
aiid wlicilier tlic fiiiaiicial sldlcinenls irprcsetil tlic undci'lyiiig Iraiisaclioii% aiid cveiits iii a iiiaiii)ci' Ili