Electrical Training (N.1.) Limited
Company limlted by guarantee
Independent Auditor's Report to the Trustees of Electrical Training IN.1.) Llmlted
Year ended 31 August 2024
Opinion
We have audited the financial statements of Electrical Training (N.1.) Limited (the 'charitable company,) for the
year ended 31 August 2024 which comprise the statement offinancial activities. statements offinancial 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 fairviewof the state ofthe charity's affairs as at 31 August 2024 and of its total incoming
resources and expenditure of ￿sOUrCes. including its income and expenditure, for the year then ended.,
Have been properly prepared in accordance with United Kingdom Generally AC￿pted Accounting
Practi￿.,
Have been prepared in accordance with the reqU1￿ments of the Companies Act 2006.
Basis for oplnlon
We conducted our audit in accordance with Intemational Standards on Auditing (UK) IISAS (UK)) and applicable
law. Our responsibilities underthose stsndards are further described In theAuditor's responsibilities for the audit
of the financial statements section of our report. We are independent of the charitable company in accordance
with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the
FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these
requirements. We believe that the audit evidence we have obtsined is sufficient and appropriate to provide a
basis for our opinion.
Concluslons relatlng to golng concern
We have nothing to report in respect of the following matters in relation to which the ISAS (UK) require us to
report to you where..
the trustees, use of the going concern basis of accounting in the preparation of the financial statements
is not appropriate. or
the trustees have not disclosed in the financial statements any identified material un￿rtaintieS that
may cast significant doubt about the charitable company's ability to continue to adopt the going concern
basis of accounting for a period of at least twelve months from the date when the financial statements
are authorised for issue.
Other infomiation
The trustees are responsible for the other infomation. The other information comprises the information included
in the trustee's annual report, other than the financial statements and our auditor's report thereon. Our opinion
on the financial statements does not cover the other information and, except to the extent otherwise explicitly
stated in our report, we do not express any form of assurance conclusion thereon.
In connection with our audit of the financial ststements, our responsibility is 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 othetwise appears to be materially misstated. If we identify such material
inconsistencies or apparent material misstatements, we are required to detemine whether the￿ is a material
misstatement in the financial statements or a material misstatement of the other information.
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Electrical Training (N.1.) Limited
Company limited by guarantee
Independent Auditorfs Report to the Trustees of Electrlcal Training (N.[.) Limited
Year ended 31 August 2024
If, based on the work we have performed, we conclude that there is a material misststement of this other
inft)rmation, we are required to report that fact.
We have nothing to report in this regard.
Matters on which we are required to report by exceptlon
We have nothing to report in respect of the following matters in relation to which the Charities Act (Northern
Ireland) 2015 requires us to report to you if, in our opinion:
The information given in the financial statements is inconsistent in any material respect with the trustee's
report: or
The charitable company has not kept adequate accounting ￿cords. or
The financial statements are not in agreement with the accounting records and retums. or
We have not received all the infomialion and explanats'ons we require for our audit.
Re8ponsibllltles of trustees
As explained more fully in the trustees, responsibilities statement, the trustees (who are also the directors of the
charitable company 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 intemal 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 charitable company's ability
to continue as a going concern, disclosing, as applicable, matters related to going con￿rn and using the going
concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease
operations, or have no realistic altemative but to do so.
Auditor's respon81bllltles forthe audlt of the flnanclal statements
We have been appointed as auditor under section 65(2) of the Charities Act (Northem Ireland) 2008 and report
in accordance with regulations made under section 66 of that Act.
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 audttor's report that includes 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. Misststements 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.
As part of an audit in accordan￿ with ISAS (UK), we exercise professional judgement and maintain 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, intentional omissions, misrepresentations, or the override of internal control.
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Electrical Training (N.1.) Llmlted
Company IlmSted by guarantee
Independent Auditor's Report to the Trustees of Electrical Training (N.1.) Llmlted
Year ended 31 August 2024
Obtain an understanding of internal control relevant to the audit in orderto design audit procedures that
are appropriate in the circumstances, but not for the purpose of expressing an opinion on the
effectj'veness of the charitable company's internal control.
Evaluate the appropriateness of accounting policies used and the reasonableness of accounting
estimates and related disclosures made by the trustees.
Conclude 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 charitable company's ability to continue as a going
concern. If we conclude that a material Un￿rtaInty exists, we are required to draw atlention in our
auditorfs 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 audit evidence obtained up to the
date of our auditorfs report. However, future events or conditions may cause the charitable company to
cease to continue as a going concern.
Evaluate the overall presentation. stwcture, and content of the financial statements. including the
disclosures, and whether the financial statements rep￿sent the underlying transactions and events in
a manner that achieves fair presentstion.
We communicate with those charged with governance ￿arrtIng. among other matters. the planned scope and
timing of the audit and significant audlt findings. including any significant deficiencies in internal control that we
identify during our audit.
Use of our report
Thls report is made solely to the charitable company's twstees, as a body, in accordance with Part 4 of the
Charities (Accounts and Reports) Regulations {Northem Ireland) 2015. Our audit work has been undertaken so
that we might state to the chatitable company's trustees those matters we are required to state to them in an
auditor's report and for no other purpose. To the fUl￿$t extent permitted by law, we do not accept or assume
responsibility to anyone other than the charitable company and the charitable company's trustees as a body,
for our audit work, for this report, or for the opinions we have fomied.
hn Flnnegan
Senlor Statutory Auditor
For and on behalf of
Potter Finnegan Limited
Unit 25 The Courtyard Business Park
190 Galgorm Road
Ballymena
Co Antrim
BT42 1HL
28 April 2025
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