Brownlow Limited
Company Limited by Guarantee
Independent Audltorfs Report to the Members of Brownlow Limited
Year ended 31 December 2022
Opinion
We have audited the financial statements of Brownlow Limite(l (￿ 'charity) for the year ended
31 De￿mber2O22 which comprise the statement of financial activities (induding income and
expenditure account), statement of financial position, statement of cash flows and the related notes,
including a summary of signifKant accounting policies. The financial reportlng framework that has
been applied in their preparation is applicable and United Kingdom Accounting Stsndards,
Induding FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland
(United Kingdom Generally Accepted Accx)unting Practice).
In our opinion the financial statements:
give a true and fair view of the state of the charitys affairs as at 31 December 2022 and of its
incoming resources and application of resources, including ts income and expenditure, for the
year then ended;
have been properly prepared in accordance with United lfjngdom Generally Accepted
Accounting praC￿e.
have been prepared in accordance ¥￿th the requirements of the Companies Act 2006 and the
Charities Act (Northern IrekrKI) 2008.
Basis for oplnlon
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS (UK)) and
applicable law. Our responsibilities under those standards are further described in the auditorfs
responsibilities for the audit of the financial statements section of our reporL We are independent of
the charity in accordance wsth the ethical requirements that are relevant to our audit of the financial
statements in the UK, including the FRC'S Ethical Standard, and we have fulfilted our other eth￿al
responsibilities in accordance with these requirements. We believe that the audit evidence we have
obtained is SLrfficient and appropriate to provide a basis for our opinion.
Concluslons rolatlng to going concern
In auditing the financial statements, we have concluded that the trustees, use of the going concern
basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have perfomied, we have not identified any material Un￿rtain￿e$ relating to
events or conditions tha( individually or collectively, may cast signitsnt doubt on the charity's ability
to continue as a going concem for a period of at least twelve months frorn when the financial
statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described
in the relevant seth'ons of this report.

Brownlow Limited
Company Llmited by Guarantee
Independent Audito￿8 Report to the Members of Brownlow Limitsd (witlnued)
Year ended 31 December 2022
other Infonnallon
The other infomiation comprises the infomalion induded in the annual report, other than the financial
statements and our auditoffs report thereon. The trustees are ￿PonSible for the other infomiation.
Our opinion on the finanaal statements does not cover the other inf0m￿tIOn and, except to the extent
otherwise explicitly stated in our repor[ we do not express any form of assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibility is to read the other
infomiation and, in doing so, c4)nsider whether the other information is materially inconsistent with the
financial statements or our knowkdge obtsined in the audit or otheThvise appears to be materially
misstated. If we identÈfy such material inconsistencies or apparent material misststements, we are
required to determine whether there is a material misstatement in the financial statements or a
material misstatement of the other infomation. If, based on the work we have perfornied, we conclude
that there is a material misstatement of this other infomiation, we are required to report that fact
We have nothing to report in this regard.
Opinions on other mattÉrs prescrfbad by the Companles Act 2006
In our opinion, based on the work urKlertaken in the ￿urse of the audit
the infomiation given in the trustees. report for the financial year for which the financial
statements are prepared is consistent with the financial statements; and
the trustees, report has been prepared in accordarKe with applicable legal requirements.
Matters on whlch we are requlred to report by exceptlon
In the light of the knowledge and understandlng of the charity and Its environment obtained in the
course of the audit, we have not identified material misststements in the trustees, report
We have nothlng to report in respect of the following matters in rektion to which the Companies Act
2006 and the Charities Act (Northem Ireland) 2008 requires us to report to you if, in our opinion:
adequate accounting records have rK*t b￿n kep( or retums adequate for our audit have not
been received from branches not visited by us: or
the financial statements are not in agreement with the acxounting records and returns; or
certain disclosures of trustees, remuneration speofied by law are not made; or
we have not received all the informalion and explanalions we require for our audiL

Brownlow Limited
Company Limited by Guarantse
Independent AUdit0￿S Report to the Members of Brownlow Limited (conllnued)
Year ended 31 December 2022
Responslbllltles of t￿te@S
A8 explained rnore fully in the trustees, responsibilities statemenl, ts trustees (who are also the
directors for the purposes of company law) are responsible for the preparation of the financial
statements and for being satisfied that they gNe 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 misstatemenL whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for a&sessirvJ the charity's ability to
continue as a going concern, disclosing. as applicable. matters related to going concern and using the
going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease
operations. or have no realistic altemative but to do so.
Audltorfs responslbllliles for the audlt of the financlal statements
Our objectives are to obtain reasonable assurance about whether the financlal statements as a whole
are free from mateiial misstaternen( whether due to fraud or error, and to issue an auditor's report that
includes our opinion. Reasonable assuran￿ 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 are considered material rf, individually or in the
aggregate, they could reasonably be expected to influence the economic decisions of users taken on
the basÉs of these financial statements.
Irregularsties. including fraud. are instances of non-compliance with laws and regulations. We desKJn
procedures in line with our responsibilrties. outlined above. to detect material misstatements in respect
of irregularities, including fraud. The extent to which our procedures are capable of detecting
Irregularities. including fraud is detailed bebw:
vve iuenifftea areas of laws ana regulauons that cou￿ reasonaw De expected to have a materfal
effect on the financial ststements and discussed the policies and procedures regarding compliance.
Specific areas considered were as follows:
Enquiring with management and others to gain an understanding of the organisation itself
induding operations. financial reporting and known fraud or error.
Evaluating and understanding the intemal control system.
Performing analytical procedures as expected or unexpected variances in account balances or
classes of transactions appear.
Testing documentation supporttng account balances or dasses of transactions.
Owing to the inherent limitati￿S of an audit, there is an unavoidable risk that we may not have
detected all irregularities including those leading to material misstatements in the financial statements
or non-complian￿ with regulation, even though we have properly planned and perfo￿ed our audit in
accordance with auditing standards. This risk increases the more that compliance wtth a law or
regulation is removed from the events and transactrons reflected in the financial ststements, as we will
be less likety to become aware of instan￿5 of non-compliance. The risk is also greater regarding
irregularities occurring due to fraud rather than error. as fraud involves intentional concealmen{
forgery, collusion, omission or misrepresentation.
A further descrlptton of our responsibilities is available on the Financial Reporting Councifs webslte at
V*￿￿.frC.Org.UKIaudlt0rsreSponslb1llties. This description foms part of our auditorfs report.

Brownlow Limited
Company Limitsd by Guarantee
Independent Audltorfs Report to the Members of Brownlow Limited (contlnued)
Year ended 31 December 2022
As part of an audit in accordance with ISAS (UK), we exercise professional judgment and maintain
professional scepts'cism Ihroughout the audiL We also:
Identify and assess the risks of material misststement of the financial statements, whether due to
fraud or error, design and perform audit procedures responsive to those risks, and obtain audit
eviden￿ that is sufficient and appropriate to provide a basis for our 0￿￿niOn. The risk of not
deteGting a material misststement resutting from fraud is higher than for one resulkn'ng from error,
as fraud may involve collusion. forgery. intenlional omissions. misrepresentations, or the override
of intemal control.
Obtain an understsnding of intemal control relevant to the audit in order to design audit
procedures that are appropriate in the circumstances, but not for the purpose of expressing an
opinion on the effetheness of the internal control.
Evaluate the appropriateness of accounling policies used and the reasonableness of accounting
estimates and related disclosures made by the trustees.
Condude on the appropriateness of the trustees. use of the going coneem basis of accounting
and, based on the audit evidence obtained, whether a material uncertainty exists related to
events or conditions that may cast significant doubt on the charivs ability to continue as a going
concem. If we conclude that a material Un￿rtaInty exists, we are required to draw attention in
our auditorfs report to the related disdosures in the financial ststements or, if such disclosures
are inadequate, to modfy our opinion. Our conclusions are based on the audit evidence obtained
up to the date of our auditorfs report However, future events or conditions may cause the charity
to cease to continue as a going concem.
Evaluate the overall presentation. st￿th￿ and content of the financial statements, induding the
disdosures, and %thether the financial statements represent the underlying transactions and
events in a manner that achieves fair presentsbon.
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Brownlow Limited
Company Limited by Guarantea
Independent Auditorf8 Report to the Members of Brownlow Limited (￿IdnUe￿)
Year ended 31 December 2022
We communicate with those charged with govemance regarding, among other matters, the planned
scope and timing of the audit and significant audit findings. including any svjnificant deficiencies in
intemal control that we identify during our audiL
Use ol our report
This report is made solety to the charitys members. as a body, in accordance section 65 of the
Charities Act (Northern Ireland) 2008. Our audit work has been undertaken so that we might state to
the chantys members those matters we are required to state to them in an audrtofs report and for no
other purpose. To the fullest extent pemiitted by law, we do not a￿pt or assume responsibility to
anyone other than the charity and the charitys members as a body, for our audit work, for this report,
or for the opinions we have fomied.
James Casey (Senior Statutory Auditor)
For and on behalf of
Henry Murray & Company Ltd.
Chartered Accountants & Statutory Auditor
23 Church Pla￿,
Lurgan,
Co. Annagh.
N. Ireland
BT66 6EY
26 September 2023
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