ids. VINEYARD COMPASSION chartered accountants INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF VINEYARD COMPASSION Opinion We have audited the financial statements of Vineyard Compassion {Ihe 'charity') for the year ended 31 December 2023 which comprise the Statement of Financial Activities, the Balance Sheet, the Statement of Cash Flows and the notes lo the financial statements, including a summary of significar)t 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 the UK and Republic ol Ireland (United Kingdom Generally Accepted Accounting Practice). In our opinion, the financial stalemenls-. give a true and fair view of the state of the charitable company's affairs as at 31 December 2023 and of its total incoming resources and expenditure of resources, including ils income and expenditure, for the year then ended., have been properly prepared in accordance with United Kingdom Generally Accepted Accounting PraCtI￿- and have been prepared in accordance with the requirements of the Charities Act (Northern Ireland) 2008. Basis for opinion 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 responsibilit18s for the audil ol the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in Ihe UK, including the FRC'S Elhical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate lo provide a basis for our opinion. Conclusions relating to going concern In auditing the financial statements, we have concluded that the trustees, use of the going concem basis of accounting in the preparation of the financial stalements 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 pertod of al least twelve months from when the financial slatemenls are aulhorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going concem are described in the relevant sections of this report. other information The trustees are responsible for the olher information. The other information comprises the information included in the annual report. other than the financial statements and our audilor's report thereon. Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion Ihereon. In connection with our audit of the financial slalements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatemenls. we are required lo determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. 10- ids. VINEYARD COMPASSION chartered accountants INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF VINEYARD COMPASSION Matter5 on which we are required to report by exception We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations (Northern Ireland) 2015 require us to report lo you if, in our opinion.. the information given in the financial statements is inconsistent in any material respect with the Iruslees, report., or the charitable company has not kept adequate accounting records; or the financial statements are not in agreement with the accounting records and returns., or we have not received all the information and explanations we require for our audit. Responsibilities of trustees As explained more fully in the Statement of Tru5tees' Responsibilities, the trustees (who are also the directors of the charity for the purpose of company law) are responsible for the preparation of the financial slalements and for being satisfied that they give a true and fair view, and for such internal conlrol as the directors determine 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 statements, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, mallers related to going concern 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 lo do so. Auditor's responsibilities for the audit of the financial statements We have been appointed as auditors under section 65 of the Charities Act (Northern Ireland) 2008 and report in accordance with the Act and regulations made or having effecl thereunder. Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due lo fraud or error, and to issue an auditols report that includes our 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 delecl a material misslalement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influen 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. We design procedures in line wilh our responsibilities, outlined above, to delect material misstatements in respect of irregularities, including fraud. The extent lo which our procedures are capable of detecting irregularities, inGluding fraud, 15 detailed below. Our approach to identifying and assessing the risks of material misstatement in respect of irregularilies including fraud and non-compliance with laws and regulations, was as follows.. the engagement partner ensured that the engagemenl leam colleclively had the appropriate competen￿, capabilities and skills lo identify or recognise non-compliance with laws & regulations., we identified the laws and regulations applicable to the charity through discussions with trustees and other management, and from our Gommercial knowledge and experience of the sector., we focused on specific laws and regulations which we considered may have a direct material effect on the financial statements or the operalions of the company, including the Companies Act 2006, laxation legislation and data protection, antibribery, employment. environmental and health and safely legislation.. we assessed Ihe extent of compliance with the laws and regulations identified above through making enquiries of management and inspecting legal correspondence. identified laws and regulations were communicated within the audit team regularly and the team remained alert to instances of non-compliance throughoul the audit. 11 ids. VINEYARD COMPASSION chartered accountants INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF VINEYARD COMPASSION We assessed the susceplibilily of the charity's financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by.. making enquiries of management as to where they considered there was susceptibility to fraud, their knowledge of actual, suspected and alleged fraud., considering the inlernal controls in place to miligale risks of fraud and non-compliance with laws and regulations., and performing analytical procedures to identify any unusual or unexpected relationships., reviewing journal entries to identify unusual transactions.. assessing whether judgements and assumptions made in determining the accounting eslimates were indicative of potential bias., investigating the rationale behind any significant or unusual transactions. In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, bul were not limited to: agreeing financial statements disclosures to underlying supporting documentation., reading the minutes of meetings of those board of trustee5', enquiring of management as lo actual and potential liligalion and claims., reviewing legal correspondence. There are inherent limitations in our audit procedures described above. The more removed laws and regulations are from financial transactions, the less likely it 15 that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the trustees and other management and the inspection of regulatory and legal correspondence, if any. Material misstatements that arise due to fraud can be harder to delect than those that arise from error as they may involve deliberate concealment or collusion. A further description of our responsibilities is available on the FRC'S website athttps.'Ilwww.frG.org.uklaudilorslaudit- assurance-elhicslaudilors-responsibililies-for-the-audil. This description forms part of our auditor's report. Use of our report This report is made solely lo the charity's trustees, as a body, in accordance with Part 4 of the Charilies (Accounts and Reports} Regulations (Northern Ireland) 2015. Our audit work has been undertaken so that we might slate to the charity's trustees those matters we are required to slate to them in an auditors, report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility lo anyone other than the charity and the charity s trustees as a body. lor our audit work, for this report. or for the opinions we have formed. Alison Wallace IDS Chartered A¢¢ountsnts LLP Statutory Auditor 23125 Queen Street COLERAINE Co Londonderry BT52 1 BG 3 September 2024 IDS Chartered Accountants LLP is eligible for appointment as auditor of the charity by virtue of its eligibility for appointment as auditor of a company under section 1212 of the Companies Act 2006. 12-