INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF THE WOMENS TEC (TRAINING, ENTERPRISE & CHILDCARE CENTRE) Oplnlon I have audited the financial statements of The Womens TEC (Training, Enterprise & Childcare Centre) (the 'charitable company'l for the year ended 31 March 2024 which comprise tha Statement of financial activities, the Balan sheet, the Statement of cash flows and the related notes, 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 tho 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 stat8 of the charitable companvs affairs as at 31 March 2024 and of its incoming resources and application of resources, including its income and 8xpenditur8, for the year then ended., have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice. and hav8 been prepared in accordance with the requirements of the Companies Act 2006. Bas18 for oplnlon I conducted my8udit in accordance with International Standards on Auditing (UK) (ISAS (UK)) and applicAble law. My responsibilities under those standards arefurther described in the Auditors, responsibilities for the audit of the financial statements Bection of my r&port. l am indep8ndent of the charitable company in accordance with the ethical requirements that are relevant to my 8udit of the financial stateménts 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 8udit evidence I have obtsined is sufficient and appropriate to provide a basis for my opinion. Concluslons r•latlng to golng Goncern I have nothing to report in respect of the following matters in relation to which the ISAS (UK) requlre me to report to you where: the trustees, use of the going concarn basis of accounting in the preparation of the financial statements is not appropriate,. or the trustees have not disclosed in the financial statements any identified material uncertainties th8t may cast signfficant doubt about the charitable charitable company's 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 issua. Other inlonr*atlon The other information comprises the informatlon included in the Trustees, Report and Financial Statements. other than the Financial Statements and my Auditor'5 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 infonnation and, except to the extent otheNise explicitly stated in my report, I do not express any form of assuranGe Conclusion thereon. My responsibility is to read the other information and. in doing so, consider whether the other information is materially inconsistent with the financial statements or my knowledge obtained in the audit or otherwise appe2rs to be materially misstated. If l identify such material inconsistencies or apparent material misstatements, l am required to determine whether this gives rise to a material misstatement in the financial slatements themselves. If, based on the work I have perfomed, I conclude that there is a material misstalement of this other information, l am required to report that fact. I have nothing to report in this regard. Pag8 17
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF THE WOMENS TEC (TRAINING, ENTERPRISE & CHILDCARE CENTRE) Oplnlon on other matters prescrlbed by the Companies Act 2006 In my opinion, based on the work undertaken in the course of the audit.. the information given in the Trustees, report, incorporating the directors, report, for the financi81 year for which the financial ststem8nts are prepar8d is consistent with the financial statements. the Directors, report has been prepared in accordance with applicable legal requirements. Matters on whlch w• ar• r•qulr•d to report by •xceptlon In the light of the knowledge and understanding of the charitable company and 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 respect of the following matters in relation to which Companles Act 2006 requires me to report to you if, in my opinion.. adequate accounting records have not been kept, or returns adequate for my audit have not been received from branches not visited by me,. or the financial statements are not in agreement with the accounting records 8nd retums; or certain disclosures of trustee8' remuneration specified by Saw are not made., or I have not received all th8 information and explanations I require for my audit. or th8 tru8t8es were not entitl8d to prepare the financial statements in accordance with th8 small companies regime and take advantage of the Small companies, exemptions in preparing th8 Trustees, report and from the requirement to prepare a Stralegicreport. Responslbllltles of trustees As explained more fully in the Statement of Trustees, responsibilities set out on p8ge 16, th8 trustees (who are also the directors of the ch8rit8ble 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 intemal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, wheth8r due to fraud or error. In preparing the fin8ncial statements, the trustees are responsible for assessing the charitable companws ability to continue as a going concem, disclosing, as applicable, matters relat8d to going o)ncern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so. Page 18
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF THE WOMENS TEC (TRAINING, ENTERPRISE & CHILDCARE CENTRE} Auditors. responslbllities for the audit of tho fKnan¢lal statements My objectives are to obtain reasonable assurance about whether the financial statements as a whole are fre8 from material misst8tement, whether due to fraud or error, and to issue an Auditors, report that includes my opinion. Reasonable 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 error and ar8 considered mat8rial if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users 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 detecl material misstatements in respect of irregularities, including fraud. The specific procedures for this engagement and the extent to which these are capable of detecting irregularities, including fraud is detailed b810w: Obtaining an understanding of the signlf1¢8nt legal and regulatory framework 8pplicable to the charitable company and how the charitable company is complying with that framework; Assessing the susceptibility of the charitable company's financial statem8nts to material mi8Stat8m8nt, including how fraud might o¢¢ur', and Ensuring competence and capabilities to identify or r8¢0gnise non-compliance with laws and regulations are maintained. Because of the inherent limitations of an audit, there is a risk that I will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with r8gulation. 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 non-compliance. The risk is also gr88t6r regarding irr8gularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion. omission or misrepresentstion. A further description of my r8sponsibillties for the 8udit of the fin8n¢ial statements is located on the Financial Reporting Council's website at: This description forms part of my Auditor's report. U8• of my report This report is mad8 solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. My audit work has been und@rtak8n so that I might state to the charitable compan¥s mombers those 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 accept or assume responsibility lo anyone otherthan the charitable company and its members, as a body, for my audit work, for this report, or for the opinions I have formed. C Grace Taggart for and on behalf of CG Taggart Accountancy Services, Statutory Auditor, 17 Cypress Crescent, Donaghadee, Co Down. BT21 OQG nlor statutory auditor) CG Taggart AGcountanGy Setvices is eligible to act as an audltor in tems of section 1212 of the Companies Act 2006. 22 November 2024 Page 19