INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OFTHE WOMENS TEC {TRAINING, ENTERPRISE & CHILDCARE CENTRE) Opinlon I have audited the financial statements of The Womens TEC (Training, Errterprise & Childcare Centre) (the 'charitable company,) for the year ended 31 March 2023 which compris8 Ihe Statement of financial activities, the Balance sheet, the Statement of cash flows and the related notas, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, (United Kingdom Generally Accepted Accounting Practice}. In my opinion the financial statements.. give a true and fair view of the state of the charitable company's affairs as at 31 March 2023 and of its incoming resourc8s and application of resources, including its income and expenditure, for the year thèn ended; have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice., and have been prepared in accordance with the requirements of the Companies Act 2008. 8asl8 for oplnlon I conducted my audit in accordanc£ with International Standards on Auditing (UK) (ISAS (UK)) and applicable law. My responsibilities under those standards are further described in the Auditors, responsibilitiesfor the audit of the financial statements section of my r8POrt. l am independent of the charitable company in accordan with the ethical requirements that are relevant to my audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard, and I have fulfilled my other ethical responsibilities in accordance with these requirements. I believe that the audit evidence I have obtained is sufficient and appropriate to provide a basis for my opinion. Concluslons relatlng to golng concem I have nothing to report in respect of the following matters in rel8tion to which the ISAS (UK) require me to r8POrt to you where.. the trustees, use of the going concern basis of accounting in the preparation of the financi81 statements is not appropriate., or the trustees have not disclosed in the financial stat8m8nts any identrfied material uncertainties that may cast signrficanl doubt about the ch8rilable charitable cornpanvs ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue. other Irrforniatlon Th8 othar information comprisas tho infomi2tion includad in tho TrustaÉg' Report snd Financial Statements, other than the Financial Statements and my Auditor's Report thereon. The trustees are responsible for the other information contained within the Report of the Trustees and Financial Statements. My opinion on the financial statements does not cover the other information and, expt to the extent othemise explicitly stated in my report, I do not express any fom of assurance conclusion thereon. My responsibilily is to read the other infomation and, in doing so, cx)nsider whether the other information is materially inconsistent with the financial statements or my knowledge obtained in the audit or otherwise appears to be materially m isstated. If l identify such material inconsistencies or apparent matarial misstatements, l am required to detemiine whether this gives rise to a material misstatement in the financial stalements themselves. If, based on the work I have perfomied, I conclude that there is a material misstatement of this other information, l am required to report that fact. I have nothing to report in this regard. Page 12
INDEPENDENT AUDITOR'S REPORT TO THE MEM8ERS OF THE WOMENS TEC (TRAINING, ENTERPRISE & CHILDCARE CENTRE) Opinion on other matters prescrlbed by the Companies Act 2006 Sn my opinion, b8sed on tha work undertaken in the course of the audit: the information given in the Trustees, report, incorpordting th8 directors, report, for the financial year for which the financial statements are preparad is consistent with the financial statements. the Directors, report has been prepared in accordance with applicable legal requirements. Matters on whlch w• are rnqulred to r•port by •x¢•ptSon In the light of the knowledge and understanding of the charitable company 8nd its environment obtained in the course of the audit, I have not identified material misstatements in the Directors, report. I have nothing to report in resp8Ct of the following matters in relation to which Companies Act 20C6 requir6s ma to report to you if, in my opinion.. adequate accounting records hsve not been kept, or returns adequate for my audit hav8 not been received from branches not visited by me,. or the financial staiements are not in agreement wilh the accounting records 8nd returns., or certain disclosures of trustees, remuneration specified by law are not made; (x I have not received all the information and explanations I require for my audit; or the trust&aS Were not entitled to prepare the financial statements in accordance with the small companies regime and lake advantage of the small companies, exemptions in preparing the Trustees, r6POrt and from the requirement to prepare a Strategicreport. Responslbllltles of tru8t••s As explained more fully in the Statement of Truste8s' responsibilities set out on pagé 11, th8 trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as tha trust8es det8rmin8 is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial stat6ments, the trustees are responsible for assessing tha charitable companvs ability to continue as a going concem, disclosing, as applicable, matters relaled to going concern and using the going concem basis of accounting unless the trustees either intend to liquidate the charitable company or to cease op8r8tions, or have no realislic alternative but to do so. Page 13
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF THE WOMENS TEC {TRAINING, ENTERPRISE & CHILDCARE CENTRE) Auditors. responsibilltles for the audit of the flnanclal statomonts My objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditors, report that includes my opinion. Reason8ble assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or eor and ar8 consid8r8d material if, individually or in the aggregate, they could reasonably be expected to influence the 8wnomic d8cisions of us6rs taken on the basis of these financial statements. Irregularities, including fraud, are instances of non-compliance with laws and regulations. I design prOdureS in line with my responsibilities, outlined above, to detect material misstatements in respect of irregu5arities, including fraud. The specific procedures for this engagement and the extent to which these are capable of detecting irregularities, including fraud is detailed below: Obtaining an underslanding of the significant legal and regulatory framework applic8ble to the charitable company and how the charitable company is complying with that framework. Assessing the susceptibility of the charitablè comp8ny's financial statements to material misstatement, including how fraud might occur,. and Ensuring competence and capabilities to identify or recognise non-compliance with laws and regulations are maintained. Because of the inherent limitations of an audit, there is a risk that I will not d8t8Ct all irregularities, including those leading to a material misstatement in the financial statements or non40mplian with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as I will be less likely to become aware of instances of nononmpliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves int8ntional concealment, forgery, collusion, omission or misrepresentation. A further description of my responsibilities for the audit of th8 financial statements is located on the Financial Reporting Council's website at.. This description forms part of my Auditor's report. Use of my report This report is made solely to the charitable companls members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Acl 2006. My audil work has been undertaken so that I might state to Ihe charitable company's members Ihose matters l am required to state to them in an Auditor's report and for no other purpose. To the fullest extent permitted by law, I do not acc8Pt or assume responsibility to anyone other thgn the charitable company and its members, as a body, for my audit work, for this report, or for the opinions I have fornied. C Grace Taggart FCA for and on behalf of CG Taggart Accountancy Servlces, Statutory Audltor, 17 Cypress Crescent, Donaghadee, Co Down, BT21 OQG enlor statutory audltor) CG Taggart Accountancy Services is eligible to act as an auditor in terms of section 1212 of the Companies Act 20[. 8 December 2023 Page 14