Ashton Centre Development Limited
Independent Auditorfs Report to th8 Members of Ashton Centre Devalopment
Limited
Year ended 30 November 2021
Oplnlon
We havo audited tho finanaal statements ofAslkn Centre Development Urnited (the'charity) for the
year ended 30 Novèmber 2021 which compise Ihe ststement of firmncial activiligs. stslemenl of
finanaal positton. ststemenl of tssh tknvs ar￿ the related notes. inctudin9 a summary of significant
accounting polieies. The finan￿al rewting framework that has been applled in their prep8ration is
appl￿ble law and United lfjngdom A¢¢t)untin9 Slandards. induding FRS 102 Tho Finandal Reportin9
Slonda¢d applicable In the UK and Reput4ic of Ireland (United Kirtg￿ Genorally Awted
Accounting Procttc81.
In our opinion Ihe financral slatemenls:
glvo a In￿ arKI lair vi8w of ￿ state of Ihe chafivs affalrs 88 at 30 Novembgr 2021 and of Its
incoming resources and application of resourc￿. includir¥J its Èncome and &xpenditur8. for th
year then ended:
hav8 beèn properfy prepared in acewdanca wilh United lfjrydom Ge￿ra1￿ Ac¢ept8d
Ac¢ounting P￿tiCe.
havè l)een prepared in ae¢ord8nce *ryth thè requlrements of the Cwrabve and Commun
Benefit Soaetios Act (Northem Ireland) 1969 arml The Chaiit*s (Account and Reports)
Regufations {Norlhem Ireland) 2015.
8asls for oplnlon
We conducted our audit in accordance with Inlemational Standards on Aud￿n9 {UK) IISAS (UKI) and
applicable law. Our r8sponsibilities under those stsrrt1ards are furlher des¢ribed in Ihe audttols
r05ponsibilities for the audit of the finanual ststements se¢tlon of our rep)￿ We are independ8nl of
Ihg ¢h8rity in accorisancè with th& ethic8J requirements that are relevant to audit of thè financi81
slaleménls in the UK. induding the FRC'S Ethical Stsndard. and w8 hava frJlfill8d our Qthgr ethical
responsibiliti05 in accordance with these requirements. We believe that the aurfrt evtdence we have
obtained is sufficient and appropriale to provide a basis for our opinion.
Concluslons relatlng to golng ¢oncgrn
In auditing the financtal statsments. we have con¢hJdèJ that the truste8s' of the golng o)ncem
basis of accounting in the p￿Parat￿￿ ofthe f￿an081 stalements is appropriate.
8ase(l on the wort¢ wè have perfomied, we have not identifted any material unc8rtainlies relating to
events or condithons thaL indlvidually ￿ cy)Ilethety. may cast siqnificant doubt on the charivs abllty
lo continue as a goirvJ concem for a peritsj of at teast ￿e1ve months from when tho financol
slatements arg autlKwised k*r i%su8.
Our responsIb￿lti8S and the ra$pons￿lfth$ of tha trustaas wlth fesp8Ct to ￿n9 ts)ncem are das¢ribed
In tha relevant sections of this report.

Ashton Centre Development Limited
Independent Auditoffs Report to the Members of Ashton Centre Development
Limited (¢onUou•dJ
Year ended 30 November 2021
Oth•r Inforn)allon
The oth8r infomiatu?n comprises the inf0m￿tIOn included in the annual report other than the ffinancial
slatements and our auditorfs roFort Ihere¢Jn. The trustees are responsible for the other inforniation.
Our opinion on the financial statements does not cover th8 other information and. except lo the extent
otharwise expl¢otiy staled in our report. w• do not express any fom of assur4n¢e ojnclusson th8r80n.
In ￿nectIon with our audil of the financial statsffonts, our responsibility 15 k) read the othor
infofmation and. in dolng so. conshler whelher the olher inf0m￿tion is materially in¢onsi8lenl with the
financkal stataments or our knovAedge obtained in th6 audit or otheThvlse appears to be materially
misstated. If w8 identify such mat¢ftaJ in￿nSiStenC1eS or appafent Material misslatements. we are
required to detgmiing whether there is a material misstslemenl in the finan¢i81 Statements or
matorial misstalemenl ol the other Infom￿110ft. If. based on the work we have perf¢)mwi, w8 condude
that thère is a material rnisstalement of this othw informalion. wo are requifed to report that fact.
We have nothiNd lo rowt in this re9ard.
Mattors on whlch wè arn r•qulr•d to rnport by axeaptlon
Under the CLwperative and Community 8en8fit S￿1￿tiO$ Act {Northm IrgEand) 1969 wo are required
to ￿pOrt lo you rf. in our opinion:
- A satisfactory system of control over transactiry￿ has not been maiilained:
proper books of account have not been kept.. +X
the finanual statement are r￿1 Èn 8greemenl wlh the axountirKd records: or
we havè not receNed all the information and expl8nati¢)ns we requiro for cur audlL
We have nothiry k) reptht in this regard.
Under the Charitses (A¢¢ounls and Reports) Regulat￿5 {Northem Ireland) 2015 arè required to
report to y¢JJ rf. in our opinion:
the infomation given in the Oirect¢Jts' Report is irbconsistent in any materi81 respect
sulfi¢ienl accounting records have not been kept..
the financial Ststsments are not in agt•èm¢nl with the ac4xiurttirKJ reetyd$: or
we hava not received all the infwnation 8ThJ expknations we require forour aud
We have nothing to report in Ihis regud.
Responslbllltlos of trust¢os
As expjained more fully In the Intstees. responsibilities statement. the trustees are responsible for the
prgparalion of th8 finanoal slalements and for beirwJ satisfie(i that they gwe a tnje and fail view, and
for such intemal control as the trustees delemine is necessary to enable the weparation of financial
gtstamonts that ar8 free from matwial misststemen( whether due h) fraud orerror.
In preparing the financial statements. tho trustees are responsible for assgssing thè thari￿s abS1ty to
continu? as a going cone¢m. disclosi￿. as applicable. matters related to going ￿nCeM and using the
ing ¢oncem basis of aco)urttirtg unless the trustees eiiher intend 10 liwdatg the chartty or to cè
operatior￿. or have no reJisti¢ ￿teMatIve but lo do so.

Ashton Centre Development Limited
Indepondent Auditorfs Roport to the Members of Ashton Centre Development
Limited (Wfidn￿dJ
Year ended 30 November 2021
Audltofs responslbl1lt1￿ fortho audlt ofth• finan¢lal stat•mgnts
Our objectives aro lo obtsin reasonable 8ssurar¢ce 8bout whether the financial stslements as a whole
aro free from material mIsstatem￿l, wh6ther due k* fraud cf error, and lo issua an auditorfs report that
indudes our opinlon. Reasonabl8 assurance is a hp3h levet of assurance. bul is not 8 guarantge that
an audit conductad in accordance with ISAS (UK) will always d8tect a moteri￿ misstatement whon it
exi8ts. Misstaiements can arise from fraud or errw and are c¢nsidered material rf. indNidually or in the
aggregats, they c¢)ukl reasonably be expethd to ¥ifluwK* the economi¢ dectslons of users tsken on
the basls of these financlal stslements.
Irfegularit*s. includww fraud. are kn8tanees of norKampli8nce wlh and wulations. We deslgn
procedures in line with our responsibilibes, ￿lIned above. lo detect matgrial misstatements in respect
of Irregularitigs, bnduithn9 fraud. Tho ext8nt to whith our procedures are cap8ble of deledng
rrrewlariues. indudin9 fraud is detailed below."
We oblained an understsThfing of the 18gal and regulatory framework applicalX8 10 the Company
through enquiry of managemenl industry research and the application of cumulative audit knowledge.
We Identified the fotlNin9 principal laws and regulalions relevant lo the Company - Companies Act
2006 and the FinarKial Reporting Standard appI￿a￿l8 in the UK al￿ Republk of Iretand IFRS 1021.
We developed an Unde￿landing of the key fraud risks to the entity OnCE￿j[w fraud M￿h1 ac￿r).
the controls in place lo h8lp mitsgale those risks. and the accounts. balances and disclosures v*thin
th8 financial statements which may b8 S[￿ptible to management bias. Our Unde￿nding was
obtslned through review of the fina￿￿11 statsments fot slgnificant accounting estimates. anatysis of
journal entries. walkthrough of the key control cydes in place and enquiry of management.
A5 part of an audft In acc¥)rdance wth ISAS (UK). we exercise professionJ Judgment and mainlaln
professional scgpliasm throughout thg audit We also:
Identity and 8s58ss the rtsks of mat6rial misstatement of the fingnclal 8tstoments. %thether dua to
fraijd or error, design and pèrform audil procedures resp)nsive to those risks. and obtain audit
awdence that is sufficiènt and approprrdte lo prov•d8 a basis for our oplnion. Th? risk of not
deteeting a materi¥ rnLsstatgment resultin9 from fraud is higher than for one resulting from error,
as fraud may invofve cc41usw)n. forgery. intenlional onNssitins. misr¢presentation5, or tho overrid8
ol inlemal controj.
Obtain an under51anding of wJt•mal c&¥thi relevant to the audlt In order to deslgn audll
procedures Ihal are appropriate in the ciwmslaniw. bLrt not for the purpose of expressing an
¢pinion on the effectiveness of the internal control.
Evaluate the approprra¢gness of ac￿untIng ￿le1&S used and the fea50nablenes8 of a¢￿untIng
estimal8s and related di%dosures madè ty the Injstees.
C¢ncluda on the approprtatsness of trusleas. L￿8 of the 90ing ojncém basls of accountlng
and. based on the audit e￿dertee obtsined. whether a material uncertainty exists related lo
events or 0)nd￿0￿ that may signnlcant doubt on thg charitys ability to continue 8$ 8 goirig
con¢em. If we conclude that a Materi￿ uncertainty exists. we are required to drdw att¢nUon in
our auditorfs rewi to the relaied disdosures in the financial statements or, rf svch disclosures
are Inadequate. lo modtfy our opinion. Our eonclusions are based on th8 audft evidence obtained
up 10 the date of our aurfrtorfs report. Howevw. fuiure events or conditions may ￿￿$8 the charfty
to ceaso lo continue as a gotng cowm.

Ashton Centre Development Limited
Independent Auditorfs Report to the Members of Ashton Centra Development
Limitsd leon
Year ended 30 November 2021
Evaluate the overall presentation. structur• and content of Iho flnan¢ial statsm8nts, Incluthng tho
discJ05LTrres. wl*ther the finartcial ststements repres¥nt the undodyin9 transactions and
evènts in a manner that achiaves fair presentation.
Wa communlots with Ihose charged with govemance regaTthng. among other mattots. the planned
scope and tirnirrfJ of the audit and significanl audit finrfings, includir¥J any significant defic48ncies in
int9mal control that we id¢nbfy duriNJ aud
Uso of our rèport
Thts report is mad8 soldy to the Charitys members, as a bcty. In accordance th section 43 of the
c￿operatIve and Community 8enefit Societies Act {Ntylhem ITeland} 1969. Our audit work has been
und$rtaken so that we might stale to the charivs members thosg matt￿3 wa arg requlred to ststg to
th8m in an audrtorfs report and for no ¢)ther purpose. To the fullest extent ￿MItted by law. we do not
accept or assLtme responsibilty to anyone olh&r than the tharity and the chaiity's rnernb8￿ as a body.
fw our a￿lit work. forthis report orfor the othtons we have lom￿.
Michad Flannigan (Sen￿* StstutoryALKlitor)
For an on behawof
FEB Chartered Accountants
Chartored accountsnts a stabJtory au￿rtOr
nenhall Exchange
Firt Flo)r
26 Linenhall Street
Belfast
Untted Klr¥Jdom
BT2 8BG
10