Camphill Community Mourne Grange Company Limited by Guarantee Independent Auditorfs Report to the Members of Camphill Community Mourne Grange (contlnued) Year ended 31 March 2023 MUIR & ADDY IWARTIftEO AfcouNTAftT$ Opinion We have audited the financial statements of Camphill Community Mourne Grange {the'charty') for the year ended 31 March 2023 which comprise the statement of financial activities (including income and expenditure account), statement of financial position. statement 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 is applicable law and United Kingdom Accounting Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements.. give a true and fair view of the state of the charity's affairs as at 31 March 2023 and of Its 5ncoming resources and application of resources, induding its income and expenditure, for the year then ended,. have been properly prepared in accordance with Unlted Kingdom Generally Accepted Accounting Practice., have been prepared in accordance with the requirements of the Companie8 Act 2006. Basls for opinlon 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 auditor's responsibilities for the audit of 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 financia5 statements In the UK, Including the FRC'S Ethical Standard, and the provisions available for small entitles. in the circumstances set out below, and we have fulfilled our other ethical responsibilities in accordance with these requlrements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. In common with many other businesses of thls size and nature we, as auditors, asslst with the preparation of the financial statements. Concluslons relating to golng concern In auditing the financial statements, 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 doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report. Other infomiatlon The other information comprises the information included in the annual report, other than the financial statements and our auditor's report thereon. The trustees are responsible for the other information. Our opinion on the financial statements does not cover the other information and. expt to the extent other4vise explicitly ststed in our report, we do not express any form of assurance conclusion thereon. 14
Camphill Community Mourne Grange Company Llmited by Guarantee Independent Auditor's Report to the Members of Camphill Community Mourne Grange (contlnuod) Year ended 31 March 2023 MUIR & ADDY ¢*ARlffltD AC£DUITA17S In connection with our audit of the financial statements, our responsibility 15 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 misstatements, we are required to detemiine 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 misststement of this other information, we are required to report that fact. We have nothlng to report in this regard. Oplnlons on other matters prescribad by the Companles Act 2006 In our opinion, based on the work undertaken in the course of the audit: the information given in the trustees, report for the financlal year for which the financlal statements are prepared is Gonsistent with the financial statements., and the trustees, report has been prepared in accordance with applicable leg81 requirements. Mattors on whlch wo are requlrod to report by exception In the light of the knowledge 8nd understanding of the charity and its environment obtsined in the course of the audit, we have not identified material misstatements in the trustees, report. We have nothing to report in re3pect of the following matters in relation to which the Companies Act 2006 requires us to report to you rf, in our opinion: adequate accounting records have not been kept, or retums adequate for our audit have not been received from branches not vlsited by us., or the financial statements are not in agreement wlth the accounting records and returns; or certain disclosures of trustees, remuneration specified by law are not made., or we have not received all the information and explanations we require for our audit. or the trustees were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies, exemptions in preparing the directors, report and from the requirement to prepare a strategic report. Responslblltties of trustees As expSained more fully in the trustees, responsibilities statement, the trustees (who are also the directors for the purposes 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 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, matters related to going concern and using the going concem basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so. 15
Camphill Community Mourne Grange Company Limited by Guarantee MUIR & ADDY Independent Auditor's Report to the Members of Camphill IlQltill Communlty Mourne Grange (continued) Year ended 31 March 2023 C¥AITEHfD I¢COUHTINT5 Auditor's responslbllitios for the audit of tho financlal statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement. whether due to fraud or error, and to issue an auditor's report that ncludes 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 detect a material misstatement 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 influence 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 with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below: We dlscussed laws and regulatlons and Fraud risks wlth the directors during out audit planning procedures. The company must comply with the Companies Act 2006 and prepare financial statements and give a true and falr view in accordance with the Act and supplementary regulatlons. It must also ensure that relevant licences are renewed. The directors consider that fraud Is most likely to involve the misappropriation of cash and controls have been implemented around the minimisation of cash handling. recording and security of cash. Our engagement team collectively had appropriate experience of applicable laws and regulations and competence to recognise non-compliance. Audit procedures were planned and performed to assess the management of cash and we used a checklist in evaluating the presentation, structure. and content of the financial statements. We consider that our audit has a reasonable chance of detecting material noncompliance with laws and regulations. We remain mindful that fraud, by its very nature, may be difficult to detect and that cash may be misappropriated before it is entered into the accounting records of the company. We tested controls in place for cash income and undertook analytical procedures to Identify trends that might Indlcate misapproprialion of income. We consider that our audlt has a reasonable chance of detectlng a material fraud in thls area. As part of an audit In accordance wlth ISAS (UK), we exercise professlonal Judgment and maintaln professional scepticism throughout the audit. We also: Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error. as fraud may involve collusion, forgery, intentlonal omissions, misrepresentations. or the override of internal control. Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the internal control. Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the trustees. Condude on the appropriateness of the trustees. use of the going concern basis of accounting and. based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that 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 to draw attention in our auditor's report to the related disclosures in the financial statements or, if such disclosures are inadequate. to modify our opinion. Our condusions are based on the audlt evidence obtained up to the date of 16
Camphill Community Mourne Grange Company Limited by Guarantee Independent Auditor's Report to the Members of Camphill Community Moume Grange (continued) MUIR & ADDY ¢IAHTIIEI A¢EO•ITAUTS Year ended 31 March 2023 our auditor's report. However, future events or condltions may cause the charlty to cease to continue a5 a going concern. Evaluate the overall presentation, structure and content of the financial ststements. including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation. We communicate with those Charged with governance regarding, among other matters, the planned scope and timing of the audit and signrficant audit findings, including any significant deficiencies in intemal control that we identify during our audit. Use of our roport This report is made solely to the charity'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 state to the charty's members those matters we a required to state to them in an auditor's report and for no other purpose. To Ihe fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charfty and the charity's members as a body, for our audlt work, for thls report, or for the opSnlons we have formed. Paul Leathem (Senior Statutory Auditor) For and on behalf of Muir & Addy Chartered Accountants & statutory auditor Muir Building 427 Holywood Road Belfast BT4 2LT 22 July 2023 17