MACS SUPPORTING CHILDREN & YOUNG PEOPLE IMDEPENDENT AUDIToifs REPORT TO THE TRUSTEES OF MACS SUPPORTING CHILDREN & YOUNG PEOPLE Oplnlon Wè havè aLwJitèd thè financial statèments of MACS Suppcting Children & Y(wJng People lthè'thariVI for Ihe year endèd 31 MarGh 2024 whiGh Gomprise thg slat8menl of financi31 artwiti8s. Ihe statetnenl of finanGial position. the 5ts1ern8nt of Gash flows and notes to the finanoal statements. including signfficwt auntIng policies. The financial reporbng framewDrf¢ that has been applied in 1heir pr8paiaii)n is applicable law and Untied lthngdotn Accounting Standards. including Financial Reporting Standard 102 Th8 Fin8ncial R8POrting standdaPpCaUe in th8 UK and Republic of I[arR Iunited Kingdom Generally Accepted Accounts"ng Practice). In our opinion. the financial 5talernents'. give a true and fair view of Ihe state of e charitaiAe cornpanvs alfairs as at 31 March 2024 and of ils incoming resources and application of resour$. br the year ended. have been properfy prepared in accordance with United Kingdom Generally Accepted Accounting Practice.. and have been prepared in &c(¢dan with Ihe requirernents dthe Companies Acl 2C(i6. Basis lor opinion We conducted our audit in accordance with International StaThlards on ALktin9 (UK) IISAS IUKII and applicable law. Our r9sponsibilibes under those standards are further des¢ribed in tt)e Audilors responsibilities forth& audil of the ffn8n¢i81 statements section of our report_ We are indeperMJent of the charity in accordance with Ihe eihi(21 requirements thai are relevant to our audil of the finanoal statements in the UK, including the FRC'S Eihical Standard, and we have fUilled our olher elhi¢al responsibilities in a¢dance wlh these requiiements. We bèlieve Ihal the audrt evidence we have obtained is sufficient arKI appropriate to provide a basis for our opinion. C•n¢lu$lons relatlng to golng ¢on¢¢m In audng thÈ finanrial staternÈnts. we havÈ concluded that the trusiees. use of the going concÈm basis of atntIng in th preparation of Ihe finartial slatemonis i% appropriale. Based on work we have performed, we have identified Y material uncerlainb.es rBlab"ng lo events (Y conditions that, individually or colleclively. rnay cast significanl doubt on the chity s ability lo conlinue as a gjing concem for a period of al least twelve monlhs fi(Yn when the financial statetnents are authorised for issue. Our responsibiTrlies and the responsibilities ol the trustees with respect lo going concem we describ&1 in Ihe relevant sections of this report. othèr Infomiatlon The olher information comprises the infomialion included in Ihe anNal report other Ihan the financial statements and our auditor's report thereon. The trustees a $[SiblE for Ihe other infomiation contained wilhin the annual report. Our opinion on the financial stat&ments does rK)l eover ihe other information 8nd we do nol express any forrn of assui8ncs conclusion thereon. Our responsibility is lo reao the olher informati( and. in doing so. consider wtrEther the other infomiation is materially irLonsistenl M1h the financial statements or our knowledge obtained in the course of1he audit, or otherwise appears lo bè m8t&rially misststed. 11 we idenlify such materi81 inconsistencies ot 4)P8ient ffl8lerial rnisslaien)&nls, we are required to detemiine whether this gives rise lo a rnaterial rnisslatement in the financial statements themselves. If, based on the wort( we have rfOMed. we that there is 3 material miSStatenw of this 01 inf0miatl, we are required to rgport that la¢t. We have notth'ng to report in this regard. Matters on which we are required to report by exception We havo nothing to report in rospe¢t of thg f(Alowing maltgrs in rglalilx) to whid) thg Charitles (Accounts and RgPOrts} Regulations 2008 requires us to report to you rf. in our opinion.. tne Informauon gven In the flrnei81 slaiemenis Is I1on$[Stent In any maierlai respect wlth the trustees. repon.. or sufficEnl accounting records have not been kepf". or the financial staternents are nol in agreement with Ihe accourting recA)rds: or we have not received all Ihe information and explanation5 we require lor our audil. 10-
MACS SUPPORTING CHILDREN & YOUNG PEOPLE IMDEPENDENT AUDIToifs REPORT ICONTINUED) TO THE TRUSTEES OF MACS SUPPORTING CHILDREN & YOUNG PEOPLE Respon$lbllttitrs of inJsie¢$ As èxplainad mora lully in thé statement of irusieès, rsFonsibililiès. the trustees. who art also th& directors ol the charity lor the purpose of Gompany law. rpsponsible for Ihe preparatN of thg finanTral statemenls and for being satisfi8(11h3t they oive a true and fair view, and for SLKh intemal control as Ihe trustees determine is necessary ID enable the preparation of finanaal sia18rn8nts that ar8 fr88 from rnalerial misststEtn8llt. whelher due to fraud or 8tror. In preparing the finanual statements. the trustee5 are re5P(n5ible for a%se55ing the charity'5 ability to tntinue a5 a going concem. disclosing. as applicable. matter5 related to going concem and using the going concern basis of accounting unless the frustees ether Intend io liquidate Ihe charrtable company or lo cease opwalw)rts. or have w realislic allemalive J1 lo do so. Audltorfs respr)nsibllltles for the audit of 1he finala1 statements We have been appointed as auditor under sedion 144 of the Charthes Act 21M)8 arml rew)rt in accordance with the Act and relevant regul8thS made or having effect thereunder. Our objects'ves are to obtain reasonable assurwce about whether the financial statements as a whole are free from material miss1atement, whetherdue to Irajd or error, and to issue an auditorfs Port that includes Dur opinion. Reasonable assuran-e is a high level of assurance bul is 8 guarantee that an audil ¢dUcted a¢¢ordan¢e with ISAS (UK} w111 aayS dele¢t a material misstatemenl when it exists. Mis5taternents can arise from fraud or error and are considered rnalerial il. indiwduallv or in the aggregate, Ihey could £s(mablY be expecled to in)luence Ihe econoric thcisions of users taken on the basis of these financial statern$nts. Irregularit'es, including fraud, are instances of non-comrdiance wih laws and regulations. We design procedures in line with our spOnsibl11be$, ouuined aLx>ve. lo delect material misatements in SpeCt of irregularitss, including fraud. The exlenl lo vihich our procedures ére capable of de1ecb.ng irregularili8s. including fraud. is detailed below. 11
MACS SUPPORTING CHILDREN & YOUNG PEOPLE IMDEPENDENT AUDIToifs REPORT ICONTINUED) TO THE TRUSTEES OF MACS SUPPORTING CHILDREN & YOUNG PEOPLE Our approach lo identrfying and assessing Ihe risks ol material misstatemenl in respect of irregularth"es, indud•ig Iraud and non-complian¢e with laws and gUlatiOnS, was as follov49- the engagetnenl partner ensured that the engageynent leatn Gollethvely had the apprO[ale CDmpelen¢e. capabilities and skills to identity or reccgnise norrfompliance wth appIlble laws and regulabons. w& identffied the laws and iegulations applicable to the company Ihrough discussions V+ith directors andlor sanior tnanag8m8nt, and frorn oui comtrwcial knowl8dy8 arKI 8XP8rience of th8 S8Ltor Ilve focusad on speafic laws and IL?110n$ W"Ch we considered may have a dirèct material effect Dn the financial statements or th8 op8ralion5 of lh8 cornpy. including Cpani&S Aci 2{. taXatK legislation. data protection, anti-bribery. employrnent, environmental and heallh and safety legisjats.on we 85sessed the extgnl of Ix)mpli8rKe 4wlh the law5 ar regulalions identified above through akIng enquiries of management and inspectiro legal correspondence.. aTh identified laws and wulations were c(Mnmunicated wilhin team regulady and Ihe lewn remained alert to instances of non-cotryliance throughwt the audrt. We assessed the sustsptibilty of the cOmY'S financial Slatemt$ to matèrial rnisstatemant, indLKJing obtaining an und8r51anding of how fraud rnightoccur. by-. aking enquirie5 of Man8rnent as to where rf*y <J)nsKJered Iher? was sus¢eplibikty lo Iraud, their knowledge of actual, suspected and alleged fraud.. considering 1he internal controls in to mitigate risks of fraud and nOn-cnpl1are Mtyth laws and regulations,. To address the risk of Fraud throu management a9 and ovetride of conlrols. we.. perfomied analytical prOTe$ to identify any unusual or unexpected relationshiF6.' lesled journal entries lo idwtify unusual transactions". asse55ed whelhei judgetnents arKI a5iUmPtion5 made in detertnining the accounling e5timate5 set out in Note 2 were indiGyb"ve of potential bia5." and investigated the rationale tehind significant or unusual transactw)ns- In response to Ihe risk of irregularities and non-(x)Mlartt vrith laws and regul8tNMs, we deSned procedures which induded, but we nol limi1ed lo-. agreèing financk21 staloment disclosuros to undgrfying supporting d<)curnontalion', r8aeing thè minul8s of meetings of thosè charged wrth govèmanc8- enquiring of managernent as to actual potential lthgab.on and daim5.' and reviewing Corresponden wilh HMRC and Ihe company s Ial advisors: 12
MACS SUPPORTING CHILDREN & YOUNG PEOPLE IMDEPENDENT AUDIToifs REPORT ICONTINUED) TO THE TRUSTEES OF MACS SUPPORTING CHILDREN & YOUNG PEOPLE U$0 of our report This rèport is made solèly to thè company's members. as a body. in accordanc6 with seCtn 391 of thè Companies Act 2006. Our audit work has beEn undertak&n so that we Thight statg lo Ihg wnp3ny's rn8Thbgrs those rnattgrs we 3re required to state to them in an auditorfs report and for Other purpose. To the fullest extwt permitted by law. we do not ac*pt or assurne 18sponsibility to anyone other than th8 cownpany and the cunpany's rn8tnb8ts as a body, foroLf aLKltiwork, for 1his report, or for the opinion5 we have formed. Angela Craigan Ispnlor Statutory Audltor) for and on beham of Harbinson Mulholland Chartered Accountsnts Statthory Auditor 11 December 2024 Cenlrepoint 24 Orme8u Avenue Belfast Co. Anlrirn Northem Irdand BT2 8HS 13