FAC.T. IFriendshlp and Cartn8 Trust) Limlted
Cqjmpany Llmlted by Guarnrtee
Independenl
ditorfs report to the memberg of FA.C.T. IFfiendshlg and CaTlni Tru5t} Limited
Year ended 31 October 1022
Oplrtlon
We have audited thelfi
ettdéd 31 Octobqf 212
account), statement bf
Sl£nffj￿aTht accountinl
1> appli¢oblt l•w tsnd
Financial ReponinB
Accepted Accountin
ancial statements of F.A.c.r. (Friendshlp and CJrln8 Tnjst) Limited for the year
which comprise statement of financial actlvities (Includln8 income and expendlture
nanclal po51rlon arml noles tothe financial stalernenls. includln8 a surnmary of
licies. The financial reponlng framework that ho5 been applied In thelr prepration
ited Kin8dom AcrounlinB Siandards. jncludlnq Financlal R¢portlns $14nd•rd 102 The
dawd applkable in ihe UK and Rep￿blIC of I￿land Iunited Klngdom Generallv
adlcel.
In our opinlon, the fib•
clal staternents:
- Giv• atrué lild la
- Have been propel
Practlce;
- Have been prepa
of the 5ta1e of the comp•n¢> affolrs as at 310rtob•r 2021.
le￿re￿ In xcoidance wlth the Unlted KlnBdom General Accepted AccouTrtSn8
n •ttorfanc£ wlth the requirements of the Companies Art 2QQ6.
515 for oplnion
We condurted our
applicable law. Our
fe5ponsltsllities for t
accordan￿ wfth th
includlng the FRC'S
wlth these fequlre
to provide 4 basbs f
In accordance wllh Internallonal Standard on Auditln8 IUK} I1￿ IUK)) and
slbllltles under Ihose standards are further described In the Audiiorfs
udit of th• financial statements sectk)n of our report. We are Independent In
hlcal requirernents that are ￿levant to our audlt of the linancial statement In the UK
al Standard, and we have fulfllled our other ethlcal responslbllltles In accofdance
ts. We believe that the audit evidence we have obtalned ts sufftclent and appropriate
r oplftion.
Ih
Conduslom relatl
iolni Concern
we hwe noihli* t
report to you wher .
re
rt in respect of the followin8 eftatte￿ In relation to wh*h the ISAS IUK) requlre us 10
- The directors, lis¢ o
not 3PPfopriaie;
- The dlrectors hav
cast signltkant d
accountlng for a
4uthortsed for issle.
the golng concerTr b￿1$ of accounting In the wep•ratlon of the fiTrandal slatem•nts Is
dlsclosed In Ihe flnancial state￿nts any identthd matertal uncertalntle5 that may
about the companvs abilir¥ to conilnue to adopt the 8oln8 concern basls of
of at least twelve rnonths from the date when the financlal statements afe
Other Informatlon
The direttors are r
included in the a
opinlon on the fina
othenyise eKplkit
nslble for the other infomiatiofi. The other Infonnation cofftprlsés the Information
report, Olher thaft the financial statements and our audltoes report thereon. Our
I statements does not c<wer the other Inlomiatlon and. except to the extent
ted in our feport, wè do not express any form of as$uran(e conclusion thereon.
cl

F.AC.T. (Friendship and Carini Trnstl Lirnitsd
Cgrnpany Umlted by Guarantee
Ind¢pende
uditorfs report to the members of F.A.C.T. IFrSendship and Carfn8 Trusi) Limlted
Year end•d 31 Ortober Z022
In connectSon wlth opr
and, In doln8 $0, con
Id
staiements or our k
Sdentlfy Such materlll I
whether there Is a niat
other Infcrmatlon. I
misstatement of thll
udli of the financlal statements, our responsibhlity Is to re•d the othef Information
r whether the other informatlon Is tmterially inconststent with the flnancial
ledge obialned In ihe audli or otherw13e appears to be m4teflally ffllsst•ied. 11 WÈ
onslstencies or apparent materlal mlsstaternents, we a￿ requlréd to deterrnlne
rlal mlsstatement In the flnancial siatements or a materlal mlsstatement of Ihe
sed on the woyk we have perforrned, w¢ conclude ihat there Is a m•terlal
her Information, wt arè ￿quITe(l to report that faci.
we have nothlni toke
rt In this regard.
Oplnlons on thher
ers prwrlbed by the eompanles Art 2006
In our oplnlon, baso
n the woik undertaken Sn the ¢ourse of the audtt:
. The Information
prepared Is consls¢e
- Th• dlrertors. repèrt
In the dSreciors' report for the flnafictsl year for whlth the financlal staiements are
t with the flnanclal stètements,. and
has beèn prepared In accordance with applkable loial requlrernents.
M•tt•fS on wmth
re r•qulrnd to report by exc•pilon
In the light of the k
of tht iudll, we ha
led8e and understandln8 of the company and its envlronment obtalnod In the courm
ot Identffied m1$5tatements in the dlrertor$' rem.
We hive Th￿hIngta
requlrn us to repodt
ort in respect of the followlns matters In relation to whlth the Cornpanle5 Act 2006
you If, In our oplnlon:
. Adewate actounlin
not been receive
- Yhe company fin
nc
Certaln dts¢lo$urls
- We have not rec41
records have not beén kept by th2 company, or returns adequate for our audlt have
us: or
al Statements are not ift agreement wlth the a¢countln8 records and returns. or
dlrectors. remun•ratknn specified b¥ law are not rnade: or
d èll the Informailon and explanatlons we require for our audlt,
Responslbllltles 91111
As oxplalned more
preparition of the
In
such int•rnal ¢ontrÈl
5tattments that alé f
y In the dlrectors, responslbllltles ststémefi( the direttor5 are responsible fof the
ncbl $tsiements Ind for belng satlsfied that ¢hey glve a true and falr vlew, and lor
% the directors determine is necessary to enable Ihe prepafatlon of financial
e from materlal mlsstatement, whether due to fraud or error.
In prep•rln8 the ftlin
continue a5 a 8oln
concerfi basis of a
operatlons, ur hav
ial statements, the dSre¢tors are r•sponsiblè for assesslng the compancs ablllty to
ncern, disdosln& as appllcable, matters related to 80in8 concern and usln8 the 8oin8
nting unless the dKectors either intend to15quldate the company or to cease
r￿11511¢ alternative but to do so.

F.￿C.T. fFri•ftdship and Carin8 Trust) Llmlted
Company Llmlted by Guiranlee
Independe
iiorf$ rnport to the membefs ol FA.C.T. IFrbendshlp and Cartni Trusl) Umlted
Year ended 31 Ortober 2022
Auditorfs responsibikni
for the audlt d the finan¢l•l stat•rn•nts
Our objeciives are to. O
Iree from mit•fi•l nlss
Indudes oui oplnion,. R
conducted In accordln
Misstatements can ¥iS
th•y could r•asonably
financial statementsi
t•in reasonable assurance about whether the financial Statement5 15 a wholè •re
tement, whether due lo frnud or error, and to issue Jn audltorfs report thal
sonable assurance 15 a high level of assurance, but is liot a 8uaraThtee that an audkt
e wrth ISAS IVK) wlll a￿¥•Y5 detect a materkl mlsstatement when il exists.
from fraud or error and are consldered matefial if. indlvlduamy or in the a88re8ate.
expected lo Influence the eeonornlc declslons of u5efS taken on the bas15 of these
Th1¥ report Is rn•d• *•
the Companles Act I
mèmbers those rnaoe
the fullest extent
company and the c¢kn
h•ve lorm•d.
ly tg th• erJmpany'£ mwmbers. as a bodv, In accordance with Chapter 3 of Part 16 of
. Our audlt work has been undertaken $0 that we mi8ht state to the ccmpany's
we are fequlred to state to them in èn audltors report and for no other purpose. To
'tted by law, we do not icc•pt or a$%umi tÈ<ponslbllrty to anvone other than ihe
ny's members as a body* for our audit worK for this report, or for the oplnlons we
As part of an audit I
professional scepti¢b
cordance wlth ISAS IUK), we exer¢lse prolesslonal Jud8ment Jnd maifitaln
throughout the audlt. We a150:
- Identlfv and ¥ssesb t
error, des￿ and le
suffldent gnd appko
mi551atement resthltl
collusion. forgery,Iln
- Obtain an undersla
are approprlate Irl t
of tho comDanrfs Int
- Evaluate the aPP￿P
and related dlscl¢*u
Conclude on the 4P
on the audll evld4n
may cast S￿nIfICa￿l
material ufj¢erta•lty
dlsclosures In the fi
concluslons are
future events or <bn
- Evaluate the ovetsll
dlsclo5ures. and 4*h
manner that •chi*V
Obtain sufficient pp
artlvltles to exprqss
supeNlslon and
e flsks of material mlsstalement of the financlgl statements, whether due to fraud or
orm audlt procedures respoThslve to those rlsks, and obtaln audit evldence that
rlatt to provide a basls for our oplnlon. I he r￿K of noz deiectln8 a materlal
8 ffom f(aud Is hi£her than lof one resultln8 from error. as fraud may Involve
entlonil omissions, misreprèsentations, or the override of niternal control.
In8 of interrwl control relevant to the audlt In order to desi8n audit procedures that
circumsi•nces. but not for the purp¢se of expre55in8 an oplnion oft the effeet1veness
rnal control.
liteness of accounting polk4•s used and the reason•bleness of accountln8 estSmates
made by the directors.
roprlatene55 Qt the dlrertor5' use of the 8oln8 concern b4Jl> ol ac¢ountin8 and, tsased
obtalned, whelhor a materlal unc•rtainty ¢xlsts rolaled to event5 or condttioThs that
ubt on the companrfs abillty to coniinue as a goln8 (0￿Cern. If we cOncl￿de that
exists, We 4r• t•gyirnd to draw gtt•ntion In out auditorfA réprArt to the related
ncial statements or. If such dixtosures are inadequate, to modify our oplnlon. Our
d on the audit evidence obtalned up to the date ol our audito<5 report. Howevor.
lilons may Cause the company lo Cease to Cohtifbue as 0 6olnq coneefn.
presentation. structure and content of the financlal staiements. includin8 the
ther the financlal statements represent the underlyin8 transa¢tlons and events In
s fair presentaJon.
roprlate audbt evbdence re8ardin8 the finat7clal Inforniallon of the entity or business
n opinion on the financial statements. We are respoThslble for the dirertion,
ormance of the audlt. We rema5n solely responsible for our audit oplnlon.

FA.C.T. IFi5endshlp and Carfn8 Trust) Ilmlted
Company Llmlted by Gu•rnnt•e
lrtdepefid•* a
dltorfs Yeport to ih• members of F.A.C.T. (Frlendship and Cafln8 Tn￿1) Urntted
Ye•1 ended 31 Ortober 2022
We cornmunicate w
•nd tlmlns ¢f the •u4it
that we identfy d￿￿￿8
hose charges With eovernance ie8ardlfft& amon8 other matteys. the plafirted scope
nd si8nitieant 9￿dIt flTrdin¢s. IncludlnR any slinrflcani defi¢lenO•s in intemal control
ur audit.
An
hony ftas
le Isqn
Stalutory Auditor)
Forand on behaff ol
MacNe•ry• Rasd•le
hanered Accountabt
Weliln8ton House
30 Darlin8 Street
Enni5kilen
CG. Ferman48h
. Llmited
& Staiutory Audiior
22 Jufte 2023