Omagh Early Years Centre Company Limited by Guarantee Independent Auditor's Report to the Mombers of Omagh Early Years Centr6 Year ended 31 July 2023 Opinion We have audited the financial statements of Omagh Eady Years Centre Ilhe 'charity'l for the year ended 31 July 2023 which compnse the statement of financial activities (including Income and expenditure accounll. slalement of financial position, slalemenl 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 15 applicable law and United Kingdom Accounting Standards, including FRS 102 The Financial Reportjng Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting PraCt￿e). In our opinion the financial statements.. give a tnje and fair view of the slate of the charity's affairs as al 31 July 2023 and of its incoming resources and application of resources, including rts income and expenditure, for the year then ended, have been property prepared in accordance with United Kingdom Generally Accepted Accounting Practice., have been prepared in accordance wilh the ￿qUIrements of the Companies Act 2006 and the Charities Act INorthern Ireland) 2008. Basis for opinion We conducted our audit in accordance wlh Inlemalional Stsndards on Auditing IUK} IISAS {UKII and applicable law. Our re5pon5ibililies under those standards are further described in the auditorfs responsibilities for the audit of the financial statements 5￿tion of our report We are independent of the charity in accordance with the ethical requirement5 that are relevant lo our audit of the financial slalements in the UK, Including the FRC'S Ethical Standard. and we have fulfilled OUT other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtsined is sufficient and appropnate to provide a basi5 for our opinion. Conclusions relating to goin9 concern In auditing the financial slalemenls, 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 performed, we have not identified any material uncertainties relating to events or conditions that, Individually or collectively, may cast significant doubl on the charity's ability lo continue as a going concern for a period of at least tsvelve months from when the financial statements are authorised for Issue. Our responsibilities and the responsibilrties of the Irustees with respect to going concern are described in the relevant sections of this report. Omagh Early Years Centre Company Limited by Guarantee Independent Auditor's Report to the Members of Omagh Early Years Centre Iconllnu8dJ Year ended 31 July 2023 Other Infonnation The other information comprises the information included in the annual report, other than Ihe financial slalemenls and our auditor's report thereon. The Iruslees are responsible for IlJe other Information. Our opinion on the financial statements does not cover the other Information and, except lo the extent otherwise explicitly slated in our report, we do nol express any form of assurance conclusion Ihereon. In connection with our audit of the financial stalemenls. our responsibility is lo read the other information and, in doing so, consider whether the other information 15 materially inconsisienl with the financial statements or our knowledge obtained in the audit or otherwise appears lo be materially misstated. If we idents'fy such material inconsistencies or apparent material misstslemenls, we are required lo determine whether there is a material m15s1alement in the financial slalemenls or a material misstatement of the other infomation. If, based on the woik we have performed. we conclude that there is a material misstalemenl of this other informab"on, we are required lo report that fact We have nothing to report in this regard. Opinions on other matters prescribed by the Companies A¢t 2006 In our opinion, based on the work undertaken in the course 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 accordance wrth applicable legal requirements. Matters on which we are requlred to report by exception In the light of the knowledge and understanding of the charity and ils environment obtained in the course of the audit. we have not identified material misstatements in the Iruslees, feport. We have nothing lo report in respect of the following matters in relation lo which the Companies Act 2006 and the ChaTilies Act (Northem Ifeland} 2008 requires us to report to you if, in our opinion". adequate accounting records have not been kept. 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 accounting records and returns. or certain disclosures of Iwstees. remuneration specified by law are not made.. or we have not received all the infomialion and explanations we require for our audit, or the trustees were not enlilled lo prepare the financial statements in accordance with the small companies regime and lake advantage of the small companies, exemptions in preparing the directors. report and from the requirement lo prepare a strategic report. Omagh Early Years Centre Company Limited by Guarantee Independent Auditor's Report to the Members of Omagh Early Years Centre {c¢)ntitTrutrdJ Year ended 31 July 2023 Responsibilitios of trustees As explained more fully in the trustees. responsibilits.es stalemenl. the trustees (who are also the directors for the purposes of company lawl are responsible for the preparation of the financial slalernents and for being sab"sfied that they give a true and fair view. and for such internal control as the Iru51ees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due lo fraud or error. In preparing the financial slalemenls, the Iruslees are responsible for assessing the charity's ability lo onlinue as a going concern. disclosing. as applicable, matters related lo going concern and using the going concern basis of accounting unless the tsuslees either Intend lo liquidate the chanty or to cease operalions. or have no realistic allemalive but lo do so. Auditorfs responsibilitles for the audlt of the financial statements Our objectives are to obtain reasonable assurance about whether the financial slalemenls as a whole are free from material misslalemenl, whether due to fraud or error, and lo issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, bul is not a guarantee that an audit conducted In accordance with ISAS {UKI will a￿ayS dele¢t a material misslalemenl when It exists. Misslalements can arise from fraud or error and are considered material if, individually or In the agg￿gate, they could reasonably be expected lo Influence the economic decisions of users taken on the basis of these financial slalements. Irregularities. including fraud, are instances of non￿mPliance with laws and regulations. We design procedures in line with our responsibilities. outlined above. to delecl material misstatements In respect of irregularities, including fraud The extent lo which our procedures are capable of detecting irregularities, including fraud is detailed below: As part of an audit in accordance with ISAS IUKI, we exercise professional judgment and maintain professional scepticism throughout the audit We also_. Identify and assess the risks of material misslatemenl of the financial statements, whether due lo fraud or error, design and perform audit procedures responsive lo those risks. and obtain audit evidence that is sufficient and appropriate lo provide a basis for our opinion. The risk of not delecling a material miss131emenl fesulling from fraud 15 higher than for one resulting from error, as fraud may involve collusion. forgery. intentional omissions, misrepresentations, or the override of Internal control. Obtsin an understanding of internal control relevant to the audit in order lo design audit procedures that are appropriate in Ihe circumstances. bul not for the purpose of expressing an opinion on the effeclivene5s of the inlernal ¢onlrol. Evaluale the appropriateness of accounting policies used and the reasonableness of accounting eslimales and related disclosures made by the Iruslees. Omagh Early Years Centre Company Limited by Guarantee Independent Auditorfs Report to the Members of Omagh Early Years Centre {¢ontlnv¢dJ Year ended 31 July 2023 Conclude on the appropriateness of the Iruslees, use of the going concem basis of accounting and, based on the audit evidence obtained whether a material uncertainty exists related lo events or conditions thai may cast significant doubt on the charity's ability to continue as a going concern. If we conclude that a material uncertainty exists. we are required lo draw attention in our audiloff s report lo the related disclosures in the financial statements or. if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up lo the dale of our audilorfs report. However, future events or condits.ons may cause the charity lo cease lo continue as a going concem. Evaluate the overall presenlaiion, structure and conlenl of the financial stslemenls, including the disclosu￿s, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presenlats.on We communicate with those charged with govemance regarding. among other matters. the planned scope and lirning of the audit and significant audit findings. including any significant deficiencies in internal control that we identify during our audit. Use of our report This report is made sole5y lo the charity's members, as a body, in accordance with section 65 of the Charities Act INorthern Ireland) 2008. Our audit work has been undertaken so that we might slate lo the chanty's members those matters we are required to stsle 10 them In an audilorfs report and for no other purpose. To the ftjllesl extent pemiitted by law. we do not accept or assume ￿SponSIbl11ty to anyone other than the charity and the charity's members as a body. lor our audit Work, for this report, or for the opinions we have fomed. enior Stalulory Audrtorl For and on behalf of SP Mccaffrey & Co Chartered accountants & slalulory auditor 50 Campsie Road Omagh Co Tyrone BT79 OAG 13 November 2023