South East Fermanagh Foundation
Independent Auditors, Report to the members of South East Fermanagh
Foundation
We have audited the financial statements of the South East Fermanagh Foundation as set out on pages 26 - 34 for
the year ended 31 March 2023, which comprise of the Slaiemenl of Financial Aclivilies, The sialement of
Financial Posrtion, and the related notes. The financial reporting framework that has been applied in their
preparation is applicable12w and United Kingdom Accounting Standards (United Kingdom Generally Accepted
Accounting Practice).
This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part
16 of the Companies Act 2006. Our audit work has been undertaken so that we might slate to the charitable
company's members those matters we are required lo slate lo them in an Auditor's Report and for no other
purpose. To the fullest extent permilled by law, we do not accept or assume responsibility 10 anyone other than
the charitable company and its members, as a body, for our audit work, for this report, of for the opinion we have
formed.
Respective Responsibilities of Directors and Audltors
As explained more fully in the Slalemenl of Directors, and Trustees, Responsibilities, the Directors (who are also
the Trustees of the charitable company for the purposes of company law) are responsible for preparing the
financial siaiemenls and for being satisfied that they give a true and fair view.
Our responsibility is to audit and express an opinion on the financial statements in accordance with applicable law
and International standards on Auditing (UK and Ireland), Those standards require us 10 cornply with the Auditing
Practices Board's Ethical Standards for Auditors.
Scope of the audlt
An audit involves obtaining evidence about the amounls and disclosures in the financial statements sufficient lo
give ieasonable assurance that the financial sialemenls are free from material misslalemenl, whether caused by
fraud or error. This includes an assessment of. whether the accounting policies are appropriate lo the company's
circumstances and have been consistently applied and adequately disclosed., the reasonableness of signrficant
accounting eslimales and judgements made by the directors,. and the overall preparation of the financial
slatemenls. In addition, we read all the financial and non-financial information in the annual report lo idenlrfy
material inconsistencies with the audited financial statements and lo identify any information that is apparently
materially incorrect based on, or materially inconsisienl with, the knowledge acquired by us in the course of
performing the audit. If we become aware of any appafenl material misstalemenls or inconsistencies, we consider
the implications for our report.
Basis of audit opinlon
We conducted our audit in accordance with Auditing Standards issued by the Auditing Praclises Board. An audit
includes examination, on a lesl basis, of evidence relevant lo the amounts and disclosures in the accounts.11 also
includes an assessment of the significant estimates and judgements made by the South East Fermanagh
Foundation members, in the preparation of the accounts, and of whether the accounting policies are appropriate lo
the organisalions circumstances, consislenlly applied and adequately disclosed.
We planned and performed our audit so as lo obtain all the information and explanations which we considered
necessary in order to provide us with sufficient evidence lo give reasonable assurance that the financial
slalements are free from material misslalement, whether caused by fraud or other irregularity or error. In forming
our opinion, we also evaluated the overall adequacy of the presentation of information in the accounts.
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South East Fermanagh Foundation
Independent Auditors, Report to the members of South East Fermanagh
Foundation (Continued)
Opinion on Financial Statements
In our opinion ihe financial siatemenls..
give a true and fair view of the charitable company's affairs as al the 31 March 2023 and of ils incoming
resources and application of resources, including ils income and expenditure, for the year ended 31
March 2023, and
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 2006.
Opinion on Other Matter prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit, the information given in the Directors,
Report for the financial year for which the financial statements are prepared is consistent with those financial
statements and such reports have been prepared in accordance with applicable legal requirements,
Matters on which we are required to report by exception:
In light of our knowledge and understanding of the charitable company and ils environment obtained in the course
of the audit, we have not identified material misslalements in the Trustee's Report.
We have nothing lo report in respect of the following mallers where the Companies Act 2006 requires us lo report
to you if, in our opinion,
adequate accounting records have not been kept, or returns adequate for our audit have not been
received., or
the company's financial slaiemenis are not in agreement with the accounting records and reiurns,. or
we have not received all the information and explanations we require for our audit., or
the information given in the Oireclors Report is inconsislenl in any material respect with the financial
slalemenls.
Noel Conn (Senior statutory auditor}
For and on behalf of Noel Conn & Company, Statutory Auditor
7 Seven Houses
Date
55 Upper Engllsh Street
Armagh
BT617LA
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