FOYLE HOSPICE INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF FOYLE HOSPICE Opinion We have audited the financial statements of Foylè Hospice {the 'charity'l for the year ended 31 March 2024 which comprise the ststement of financial activities, the balance sheet, the statement of cash fiows and the notes to the financial statements, including a summary of signtficant accounting poliues. The financial rePOrng framework that has been applied in their preparation is applirAble law and United Kingdom Accounting Standards. including Financial Reporting Standard 102 The Finanual Reporting Standard applicable in the UK and Republic Df Ireland (United Kingdom Generalty Accepted A¢countiThJ Practice). In our opinion, the financtal atements= give a true and fair view of the state of the charilable o)mpanWs affairs as at 31 March 2024 and o its incoming resources and applicgtion of resources. induding ts income and expendtture. for the year then ended., have been properly prepared in accordance with United Kingdom Generalty Accepted Ac¢ounting Practice; and have been prepared in accordan wth the requirements of the CompanEs Act 2006. Ba515 for opinio We conducted our audit in accordance with Inlernational Stsndards on Auditing {UK) IISAS (UK)) and applicable law. Our responsibilities under Ihose standards a further described in the Auditorfs respon&bilities for the audit of the financial statements sedion of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial slatements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance these requiremenls. We believe that the audit evidence we have obtained is sufficient and appropriate to prowde a basis for our opinion. Con¢lusions relating to going ¢oncern In ¢iuiJiliriy Llie fii)aiiLial ststsmefts. we have concluded that the trustws. of thc going wicem basi8 of accounting in the preparation of the financial statements is appropriate. Based on the work we have Perf0ml, we have not identified any material nrtaIntIeS relating to events or conditions Ihat, individually or collectivety, may cast significant doubt on the charity's ability to continue as a going concem for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibiStties of the trustees with respect to going concem a descrsbed in the relevant sections of this report. Other inforniation The other information comprises the infomation included in the annual report other than the financial ststements and our auditorfs rewrt thereon. The trustees are responsib for the other infomiation wntained within the annual report. Our opinion on the finanual stslements does not cover the other informatlon and. except to the extent otherwise explicitly ststed in our rewrt, we do not express any fonn of assurance conclusion thereon. Our sponsibility is lo read the other information and. in doing so, cY)nsider whether the other infomiation is materialty inconsistent with the finanual statements or our knoedge obtained in the course of the audrt. or otherwise appeaTS to be materially misststed. If we identify such material inconsistencies or apparent material misslalements, we are required to determine whether this gives rise to a material misststement in the financial statements themselves. If, based on the work we have perfomed, we condude that there a material misststement of this other infomation, we are required to report that fact. We have nothing to rewrt in this regard. Opinions on other rnatters prescribed by the Companies Act 2006 In our opinion, based on the work undertaken in the course of our auoii.. the infomiation given in the trustees, report for the financial year for which the financial statements are prepared. which includes the director5. report prepared for the purFoses of company law, is nsistenI with the financial statements- and the directors, report induded within the trustees. report has been prepared in aco)rdance applicable legal requirements.
FOYLE HOSPICE INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF FOYLE HOSPICE Matters on which we required to report by ex¢gption In the light of the knowledge and understsnding of the charity and its environment obtained in the course of the audit, we have not identified material misststements in the director5, report included within the trustees. report. We have nothing to report in respect of the folhjwing matters in relation to vthich the Companies Act 2006 requires us to report to you if, in our opinion". 2dequate accovnling records have not been kept. or retums adequate for our audit have not been reeeived from branches not visited by us.. or the financial statements are not in agreement with the accounting records and retums- or certain disdosures of trustees. remuneration specified by law are not made.. or we have not received all the infr>rmation and explanab.ons we require for our audiL Dr the trustees were not entiued to prepare the financial slalements in accordan wth the small companies regime and take advantage of the small companies, exemptions in preparing the trustees, report and from the requirement to prepare a strategic report. Responsibilities of trustees A8 explained more fully in the statement of trustees, responsibilities, the tnAstee8. who are al30 the director¥ of the charity for the purpose of company law, are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial slalemenls that are free from mal&rial misslalemenl, whether due lo fraud or error. In preparing the financial statements, the tnjslees are responsible for assessing the charity's ability to continue as a going concem. disclosing. as applicable, matters related to going concern and using the going concem basis of accounting unless the Iruslees either intend lo liquidate the charitsble company or to cease operatK)ns. or have no realisb"c allernab.ve bul to do so. Auditor's responsibilities for the audit of the financial statements Our objectives are lo obtain reasonable assurance about whether the fftnancial statements as a whole are free from material misstatement, 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 but is nol a guarantee that an audit conducted in accordance with ISAS {UKI will always detect a material misstatement when it exists. Misslatemenls can arise from fraud or error and are considered material rf, individually or in the agggate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. The extent to which our procedures are capable of deteth.ng irregularities, induding fraud, is detailed below. Extent to which the audit was considered capable of detecting irregularitles. Including fraud The objectives of our audit in respect of fraud, are- to identify and assess the risks of material misstatement of the financial statements due lo fraud. to obtain sufficient appropriale audit evidence regardirrfJ the assessed risks of material misstatement due lo fraud, through designing and implementing appropriate responses lo those assessed risks,. and lo respond appropriately lo instances of fraud or suspected fraud identified during the audit. However. the primary responsibility for the prevention and delection of fraud rests with both manaqemenl and those charqed with governance of the Charitab company. Based on our understanding of the charitable company and its operating environment, we delerrnined that the most significant frameworks which have a direct impacl on Ihe preparation of the financial statements are those related lo the reporting framework. (FRS 102, the Charities Act (Northem Ireland) 2008. The Charities (Accounts and Reports) Regulations (Northem Ireland) 2015, the Charity SORP and Ihe Companies Act 2006} of which non-compliance may have a material effect on the financ1 slatements. Complrdnce wilh these laws and regulatn5 was assessed as part of our procedu5. Othor13ws and regulations of whi¢h non-compliance may have a material effoct on the ffinancial 8tatemonts, o.g. through fines or litigabon, were identified as regulations in relation to employment law and provisK)n of medical care services which are regulated by the RQIA. Our required procedures in these areas are limited lo inquiry of Iruslees and other managernent and inspection of any regulatory Dr al correspondence. These limited procedures did not identify any actual or suspected non-complian. 10-
FOYLE HOSPICE INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF FOYLE HOSPICE We assessed the susceptibility of the charitabk companys financtal statements to material misststement, including how fraud might occur. including evaluating management's incentives and opporLJnitses lo manage earnings or influence the reported results. From the results of our assessment. we detennined that the principal risks of frdud relate to posting inappropriate joumal entries and use of charity funds for purtmises outside of restrictions imposed by the donor. In common with all audits under ISAS (UK). we are required to perform specrfic prrjUres to respond to the risk of management override. Audit response to risk5 identified As part of an audit in accordance with ISAS (UK) we exercise professional judgement and maintsin professional scepticism throughout the audit. Audft procedures perfOrni by the engagement team included.. We obtsined an understsnding of the charitable coMpanS intemal control syslems in order to design audit prOdureS that are appropriate in the urcumstances. but not for the purFoses of expressing an opinion on the effectiveness of the charitse companvs intemal control. We obtained an understanding of how the charitable company complies wth relevant laws and regulations, including those as a result of tts registration with the Charity Commission for Northern Ireland and charitable ststus with HM Revenue & Customs , by making enquiries of management and those charged with govemance. Enquiry of rnanagement. Ihose tharged g0veMan and Ihe enws solicrtors arounrj actual and potential Ir(igation and claims. Enquiry of entity staff to identfy any instances of non-complian with laws and regulations. Performing analytical procedures to identify any unusual or unexpethd relationships that may Indite risks of material misstatement due to fraud Reviewing Minutes of meetings of those charged with goveman Reviewing financial statement disckjsures and testing to supporting documentation to assess complian with applicable laws and regulations. We lesl the completeness of income to address the risk of fraud in revenue reccmjnition. Auditing the risk of manaqement override of controls. including through tesb.ng joumal entries and other adjustrnents for appropriateness, and evaluating the business rationale of significant transactions that are unusual or outside the nom1 course of business. Audtting the risk of use of charity funds outside of restrictions imposed by the donor by review of fvnding letters of offer to identtfy restricttons, and review of funding daims prepared by management to check compliance with restrictions. We communlc2ted relevant thvs ano regulan.ons and potennal trauo nSKS to all engagement team members, an(1 remained alert to any InditionS of fraud or non-c£>mpliance with laws and regulations throughout the audit. There are inherent limitations in the audit Prore$ described above and the fijrther removed non-compliance with laws and regulations is from the events and transactions reflected in the financial statements. the less likely we would become aware of it. Also, the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from emr. as fraud may invofve deliberate concealment through wllusion. forgery. intentional omissions. misrepresentations or the override of intemal control. A further descrtption of our responsibilitres is available on the Financial Reporting Council's Vbsite at.. https'.11 www.frc.org.uklauditorsresponsibilities. This dcriptiOn foms part of our audrtor's rcport. Use of our report This report is rnade solely to the charitsble companYs members. as a ty. in accordan yth Chapler 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might stste to the charitable company's members those matters we are required to state to them in an auditorfs report and for no other purpose. To the fullest extent permttted by law, we do not accept or assume respor)sibilty to anyone other than the charitable company and the charitable (x)MpanS members as a tknjy. for our audit work. for this reporL or for the opinions we have formed. 11
FOYLE HOSPICE INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF FOYLE HOSPICE John Love (Senior Statutory Auditor} for and on behalf of Moore INI) LLP 30 September 2024 Chartered Accountsnts Statutory Auditor 21123 Clarendon Street DerrylLondonderry BT48 7EP 12-