Inner Clty Bulldlngs PreBervatlon Trust
Company Llmltsd by Guarantse
Indopendont Audltorf• Roport to tho M•mber• of Inn•r Clty Bulldlng•
Prn8ervatlon Trust
Yearended 31 March 2023
Oplnlon
have audllod the flnanclAI stst•m8nts of Inner Clty 8ulkllng• Proservatkn Truit (the 'charlty') IDr
the year ended 31 March 2023 whkh compth tha statement of financlal actlvllies (Indudlng Income
and expendlturn account), balance sheel and the rn18t8d note8, Includlng a Summary o185gnlficant
accountlng polk188. The financlal reportEng fran￿WOrk that ha8 been appllad In th￿r preparatlon Is
appllcable law and Unlt6d Klngdom Accountlng Standard*, Includlng FRS 102 Tho Flnanclal R•parllng
Standard appllcabl• Sn the UK and R•publlc of Ireland {Unlt•d Klngdom Genernlty Ac￿pted
Ac¢ountlng Practk•).
In our oplnlon the financl81 stst•m•nts'.
Ive a tru• and falr vlow of th? 8tat• of th• charlty'• aff41rn a8 at 31 March 2023 and ol 518
In¢omSng re8ou(ca8 and appllcallon of reoourc•8. Includlng tt• Income and eX￿ndttUrO, for tha
y•ar th&n endad;
hava been property p￿parad In accordan￿ wlth United Ktngdorn Generalty Accepted
Accauntlng Practre;
have b••n pr•par•d In 4c¢ord8nce wlth the requlr•menia of the Companth Act 2008.
B••h for oplnlon
We conduthd Dur audh In accordance wlth Int•malonal Standards an Audltlng (UK) {ISA8 (UK)) and
applkable law. Our re8ponslbllll￿8 under those standards are further dascrfbed In the audltorfi
re8ponJlblllti05 lor Ihe audlt of the flnancknl JtAtom•nts Jactlon ol our rnporL arn Independent of
th? charfty In accordance ￿1h the elhkal r8qulrefflents that ar• Mlovant lo our oudtt of the financlal
statements In the UK, Includlng the FRC'8 Ethlcal Standard, and wo have fulfillod our olher ethlcal
re8pon8ibllMl85 In accordance wlth these requlwements. belS8ve that the audll evkl•rKA wè have
obtalned li oufficlent and approprlata to provldo 8 bas18 fDr our oplnlon.
Conelu•lon• rnlatlng lo goln9 cone•rn
In aUdI￿n9 Ihe Ilnancl81 slatemenl8, we have concluded that th• truBl8es' ol the golng concom
basls of accountlng In the preparatkn of the flnanclal statements Is appropflate.
Based on the work we have performed, we have not Idenllfled any matedal uncortalntle8 relatlng to
events or condlllons thaL Indivklualty or collectlvely, may cast slgnlficant doubt on the Gharity'o ability
to contlnue as a golng concem for a perlod of at least twelve months from when thg financlal
stslements aro authorised for Issue.
Our r88ponslbilrtles and the respcnslbllrues of the tnjstees wlth respect to golng concern are dO￿rIbed
In the relevant sec￿On3 of thSs reporL

Inner Clty Bulldlng8 Preservatlon Trust
Company Llmltsd by Guarantso
Ind•p•ndant Audltorf• Roportto tho Momb•rn of Innar Clty Bulldlng•
Pr•8erv•tlon Tru•t (￿lATn¥0￿)
Year •ndod 31 March 2023
Oth•r Informatlon
The other Informatlon comprlges tha Informatlon Includ8d th• annual r•por( other than tha financlal
8IBtemenls and our audltorf8 r•port theroon. Th• tru8ttts •r• r•sponslble fDr th• other Informa￿On.
Our opinh)n on the financial stAt•m8nts doe8 not cover the other infonnauon and, oxcépt to the extent
othapwlae expllcldy 8tated In our repor( w• do not expres8 any forrn of 888urniice C￿ndU?￿n thereon.
In connactlon wlth our audlt of the financlal 8tat&mants, our reBpon8lblllty lo to read th• other
Infomiatlon and. In dolng ￿, Consider whath•r th• other Infomiakn18 materlalty Inc4n8tstent the
flnan(aal Blatem•nt5 or our kn(Mledgo obtalned In th• audlt or oth•Nl88 apyars to be materfally
ml881at8d. If we Id•ntlfy Such matartal Inconslstancl•i or apparnnt mat•rLg1 ml88tat•mants, we aro
rqulred to deternilne wh•th8r there Is a materfal ml3&tatement In the tlnandal 8tatom•nts or
materlal mhstatement of the other Infommtlon. If, ba￿d an tha worf( we have portorm•d, w• condudo
that thera18 a materlal ml88talernent ol th18 oth•f Information, w• am requlred lo rnport thBt tacL
We have nothlng to r•port In rngard.
Oplnlon• on oth•r m•tt•rn pruErfb•d by th• Companln Act 2QO6
In our oplnlon. based on th? work undortaken In th• courno of the audlt
the Infofrnatlon 9Sven In the trustoes, report for th• financlal year for whkh the Ilnanclal
8taternents ar• pr•pared Is conshtent wlth the finan¢lal •tstamonts; and
the tNSlo•8' r•port ha8 been prepared In ac¢ordaKo wlth appllcable l•g•l rnqulr•ments,
MAtt•r8 on whlch w• ar• r•qulv•d to r•port by •xc•ptlon
In tho Ilght cf tho knowl•dg• and underntsndlng of th• charlty and Its •nvlrcnrMnl oblaln•d In tha
course of the oudlt, we have nat thntlfied materfal mtsstalernnls In the lrnthe•' rnport.
We hav• nothlng ta r•port In rn8PeCt of the followlng mattern In relalon to whlch th• Companlos Act
2008 rnqulr•J us to report io youll, In our oplnlon:
adequ•t• accountlng records have not bean kepc or returns adoquata for our audlt have not
ba•n rec•lv•d from branchos not vlslt•d by us; or
th? knncial 8latements are not In agrneThnt ￿1th the accpunting r•cord8 and rntum•', or
certaSn dlsc108uro5 of trustees, remuneratk)n 6peclffled by law arn not mad•.' or
we have not reGelved All tho knlomwtlon and •xplanatk)ns we rnqulr• for our audlc. or
the truste83 were not enthled to prepare the financlal 8taternents In accordance wlth the small
compan188 reglmè and take advanlago of the small companle8' exemptions In preparfng the
dlrectors, raport 8nd from the raqulroment to prepare a 6trataglc report.

Inner Clty Bulldlngs Preservatlon Trust
Company Llmltsd by Guarantse
Ind•p•ndentAudltorf• R•portto th• M•rnb•rn of Inn•r Clty Bulldlng•
Proservatlon T￿￿t (GI￿v￿￿•d)
Year8nd•d 31 March 2023
RMpon•lbllnlM ol tru•t•
A8 ￿PlaIn0d mor• fulty In th• tN8t8•8' raspon8lbllttles statomenc th• truiteel (who arn alw the
dlrector8 tsr the purposes of company law) arn r•gponslble lor th• proparatlon of the IlnAnclal
ststoments and lor balng 8alE8lled thal th•y gfve a truè and falr vlew, and foi such Intemal control al
th• trust••4 dat•m￿n8 19 nace8Mry to enabh the pro￿ratIon of ffinanclal ststem•nts th•t aro fr•e
from rnaterfal ml561atem•nt, whothor duo to fraud or error.
In preparlrrfj th& financlal slatements, the tru•tse8 •re r•spon8lble for a888831ng tt7e charlty'8 ablllty to
ccntlnue as a golng concam, dlschjslng, a$ appllcable, matters rel8t•d to golng Mncem and u81ng the
golng concern bas18 ol accountlng unless the trusteas •lther Intond to Ilquldate the charlty or lo ce930
oyratlon8, or hav• no realljllc 8tt•rnallve but to do so.
Audftorf• r••pon•lbllltlM lor th• audft of th• flnanelal •lAt•rn•nts
Our ObJ•dV￿ ar• ta Qbtaln ru8onabl• a8•urance about wh8thw th• financlal Statemants 48 a whole
•rn fre• from matert81 mlsst8t•ment. whether dua tc fraud or error. and to I￿u• an AudR0￿$ rewrt that
Includes our oplnlon. Re•son•ble assurancelg 8 hlgh ￿e1 of ossurance, but18 not a guarante• that
an audlt conduct•d In accordanc• wth ISAI (UK) ahMy8 detect a malorlal mkntatement when It
exl8ts. M188lat•ments can 8rlse lrnm fraud or error and arn ¢on•ld•red materfal If, Indlvldually or In tho
aggregate, they could reasonably bo •xp•cted to InlEu•ncé th• econon* declylons of userj tak•n on
Ihe basls of the￿ financlal 8tst•mants,
Irr•gul8rltkns, Includlng fr8ud, ar• Instanceg of non40mp118nce wlth IM and rngulatlons, d•*n
prMlure8 In Ilne wlth our re3pon8lbllktles, outllned Bbove, to detect materlal mlutalements In respect
of Irr•gulor11109. Includlng fraud. TM ethnt to whkh our procedur88 are c•pabkn of datecting
IrrngularlU•6, Includlng fraud Is detalled below:
Identlfylng and asstsBlng potontlal rfsks rnlated to Irregul•rltle8
In kleniifying and 3s8e8s1ng d8k8 of materlal rnls8tatement Sn respect of Irregularttle8, Includlng fraud
and non-compll8nc• wllh laws and regul4Uon8 ¢ons5d8rfjd the foll(y•lng: ' the naturn of th• Industy
and $8dor and ccntrol envlronment ' the legal arKI rngulatory framtswork appllcabl8" the re8uIts of our
•nqulria8 of manag•m•nt and othor key person8 about thdr own Idenfftat5on and ajsessment ol the
rlsks and Irregularltles ' Ihe Charity own pollcle8 and procedum Dn compllanco wlth laws and
regulatlons Indudlng any knstancu ol non-c0mpl1an￿,
Audlt respon30 to rtsk klentlfied
AS a resull of perfornilng the abo¥• we Id•ntlff8d and p8rfDrmed the followlng procodur•8" enqulry ol
m•nagemenC those Gharged wlth govamanca around a￿41 and potentlal Iltlgatlon and clalms.
enqulry of •ntlty stsff In Compl1a￿ functions to Identify any Inslances of non•compllanc• wlth laws
and regulotlonB. ' Revlewlng fln8nclal 8tstemant dS8Gbsuro9 and te3tlng to supportlng documentsuon
10 888es8 compllance wEth eppllcable law8 and regul8ttons.
Perfonnlng 8nalyUul procedures to
Identy any unusu81 or unexpected refalonshlps that may hdlcate rlsks of matsrS81 misstalement due
ID fraud. Auditlng the rlsk of management override of controls, Includhg ihrough te31Jng Joumal
•ntrles and other adJu8tmen15 for 3pwopdaten858, and ov8luatln9 h bu8Sness rauonalo cf 8lgniftant
transacllon8 outslde tha nomwl cours• of busln8S8

Inner Clty Bulldlng8 Preservatlon Trust
Company Llmltsd by Guarantsg
Indopendont Audltof• Report to tho Momb•rn of Inner Clty Bulldlng•
Proservatlon Tru•t fcondn¥•dJ
Year endad 31 March 2023
A8 part Df an audlt In accordanc• wfth IW (UKTr, we axarclso prof•Mlonal JtKlgrrvant and malntain
professTonal sceptiism throughout the audiL W• also,.
Idani￿ and a8sas$ the risks cl m8twial m1881atement of th8 financl81 ststhm•nto, wh•th•r due to
fraud or emx. deslgn ¥nd perfDm audtt procadur88 re8ponslva to thovj rf8k8, and obtaln audlt
evldence that Is suffiGl•nt and approprfate to provkle a bash for our oplnlon, Tha rlsk of not
detactlng a rngtorfal mlsstatement r88ultlng from fraud Is hlgher than for one re8ullng from error,
a8 fraud rnay Involv• ¢ollu81on, lorgery, Intsnlonal omlsslona, ml•repr•Mntakn•. or the ovorrlde
ol Intemal contrDI.
Oblgln 8n underst8ndlng ol Int•mal control reF&v8nt to th8 audtt In ord•r to daalgn audlt
procedure8 that arn approprlato In tha clrcumothnc••. but not for tho purpose of •xpre•8lng an
oplnlon on tho effKOvenegs of the Iniomal control
Evaluale the 8pproprlatene88 of aGcountlng policie8 u8ed and the raesonabteness of accountlng
Ilmale3 and rnlatad d￿laS￿r•S made by th• trusieei.
Conclud8 on the appropnaleness ol Ihe trustees, u86 ol the golng concern ba813 ol accouniing
and, based on th• audlt evldonco obtalnod, whather a materfal uncerthlnty •xlits io
events or c43ndldons that may ca8t slgnmcant doubt on th• ch8rlty'8 ablllty lo conllnue a8 8 gokng
¢onc8m. If w• C1￿clUde that a materfal uncertalnty exlsts, wo •ro requlred to dr•w attentlon Sn
our 8udltor'8 report to the related dlJ¢losur•3 In th• flnanclal 8tatoments or, If 8uch di8cthur•s
afa Inadequats. to modlfy our oplnkjn. Our concluilonj are ba8ad on the •udlt evldenca oblalnod
up to the data of our 8udllorfs report. Hmvor, futurn •v•nt8 or condldDng may couso the cha
to ceas• ￿ cl￿1[nue as 8 golng concem,
Evaluate the overall pr860ntaion. Structufo and content Of th• fln•nclal 8tat•m•nts, Inoludlng the
dlsclosures, and whothw the flnancial statements repr•Mnt th• und•rtylng tranMckn8 and
evenl8 In a mann•r thal gchhve8 lalr pre8entatlon.
10

Inner Clty Bulldlngs Pro8ervatlon Trust
Company Llrnltsd by Guarnntso
Ind•pend•nt Audltorfs R•port to th• Mombgrn of Innor Clty Bulldlng8
Pr•8grvatlon Trust (tiondnu•dJ
Year endod 31 MarGh 2023
We commun5cate wlth thos• charged wilh g0veman￿ rngardlng, among othar matter5. the planned
scope and Ilrnlng of tho audit and slgnifKant audit llndlngs. Including any 81gnlficant defid•nd88 In
internal control that w• Identlfy durlng our audlL
U•• of our r•port
Th1• rnport ￿ mad• •olety to the charlty's memb•rs, a8 a body, In accordance wlth Chapt8r 3 of Part
18 of the CompanS08 knt 2006. Our 8udlt work has b•on undertaken so that mlght slat• to th•
chaflty's memb8rn th0￿ matters we are requlrod to State to Ihem In an audltorfs rnPDrt and for no
Dth•r purpose. To the full•St extent p•miltt•d by l•w, wa do not accept or aliume rMponBtblllty io
8nyone other than the charfty and the charlty's members a8 a body, for (wr audtt work, for th18 reporl
or for the oplnlons we have fomiad.
Conor McAt••r (S
nlor St•tutory Audilpr)
For and on behalf ol
Fergu9 McAtegr & Co
Charteied accounlants & statutcry audltor
31133 Clarendon Streel
Dèrry
BT48 7ER
CHARTERED
2 2 JUN 2023
22nd June 2023
UN
11