Moira Parish Church Independent Auditorfs Report to the Trustees of Moira Parish Church Forthe year ended 31 December 2022 Opinion We have audited the financlal statements of Moira Parish Church (the 'charit¢) for the year ended 31 December 2022 whlch comprise the Statement of Financial Activities, Balance Sheet, Statement of Cash Flows and note5 to the financial statements, 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 Financi31 Reporting Stsndard 102 The Financial Reportlng Standard applicuble in the UK and Republic af Ireland (United Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements: give a true and fairview of the state of the charitvs affairs as at 31 December 2022, and of its total Incoming resources and expenditure of resources, for the year then ended; have been properly prepared in accordance with United Klngdom Generally Accepted Accounting Practice; and have been prepared in accordance with the requirements of the Charities Att (Northern Ireland) 2008. Basls for oplnion We conducted our audit in accordance with International Standards on Auditing (UK) IISAS IUKII and applicable law. Our responsibilities under those standards are further described in the Auditorfs responsibilities for the audit of the financial statements Section of our report. We are independent of the charity in accordance with the ethical requirement5 that are relevant to our audit of the financial statements in the UK, including the FRCS Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going concern In auditing the financial statements, we have concluded that the trustee5' use of the going concern basis of accounting in the preparation of the financial statements 15 approprlate. Based on the work we have performed, we have not identified any materlal uncertainties relatingto 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 responsibilitles and the re5ponsibllities of the trustees with respect to Boing concern are described in the relevant sections of thi5 report.
Moira Parish Church Independent Audito5 Report to the Trustees of Molra Parish Church (continued) Forthe year ended 31 December 2022 Other Information The trustees are responsible for the other information. The other information comprises the information included in the trustees, annual report other than the financial statements and our auditorfs report thereon. Our opinion on the financial statements does not coverthe other information and, except to the extent otheNise explicitly stated in our report, we do not express any form Df assurance conclusion thereon. In connection with our audit of the financlal 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 otherwise appears to be materially misstated. If we identify such material incon515tencies or apparent material mi55tatements, we are required to determine whether there is a material misstatement in the financial statement5 or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this Other information, we are required to report that fact. We have nothing to report in this regard. Matters on which we are required to report by exception We have nothing to report in respett of the following matters in relation to which the Charities {Accounts and Reports) Regulations (Northern Ireland) 2015 require u5 to report to you if, in our opinion: the information given in the financial statements is inconsistent in any material respect with the trustees, report; or the charity has not kept adequate accounting records; or the financial statements are not in agreement with the accounting records. or we have not received all the information and explanations we require for our audit. Responslbllltles of trustees As explained more fully in the tru5tees' responsibilities statement set out on pages 7 and 8, the trustees are re5pon5ible for the preparation of financial statements whlch 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 mi55tatement. whether due to fraud or error. In preparing the flnancial statements, the trustees are responsible for assessing the charitvs abillty to continue as a going concern, discloslng, as applicable, matters related to going concern and using the going concern basis of accounting unless the tru5tee5 either intend to liquidate the charity or to cease operation5, or have no realistic alternatlve but to do so. io
Molra Parlsh Church Independent Auditorfs Report to the Trustees of Moira Parish Church (continued) For the yearended 31 December 2022 Auditorfs responsibilities for the audlt of the financial statements We have been appointed as auditor under section 65121 of the Charities Act (Northern 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 auditorfs 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 IUKI will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, indlvidually or in the aggregate, they could reasonably be expected to influence the economic decisions of u5er5 taken on the basis of these financial statements. Irregularities, including fraud, are instances of non-compliance with laws and regulatlons. We design procedures in line with our responsibilities, outlined above, to detett material misstatement5 in respect of irregularities, including fraud. The specific procedures for this engagement and the extent to which these are capable of detecting irregularities, including fraud is detailed below: Extentto which the auditwas considered capable of detecting irregularities, includingfraud We identify and asse55 the risks of material misstatement of the financial statements, whether dueto fraud or error, and then design and perform the audit procedures responsive to those risks, includlng obtaining audit evldence that is sufficlent and appropriate to provide a basis for our opinion. Identifylng and assessing potential rlsks related to irregularities In Identifying and assessing risks of material mi55tatement in respect of irregularities, including fraud and non-compliance with laws and regulations, we considered the following: Audit response to risks Identified: the nature of the industry and sector, control environment and charitvs financial result5 and position current COVID-19 environment; results of our enquiries of management about their own identification and assessment of the risk5 of irregularities; li
Moira Parlsh Church Independent Auditorfs Report to the Trustees of Moira Parish Church (continued) Forthe year ended 31 December 2022 Auditorfs responslblllties for the audit of the financial ststements (continued) Audit response to risks identified: (continued) any matters we identified having obtained and reviewed the charity's documentation of their policies and procedures relating to: identifying, evaluating and complying with laws and regulations and whether they were aware of any instances of non-compliance; detecting and responding to the risks of fraud and whetherthey have knowledge of any actual, suspected or alleged fraud; and the internal controls established to mitigate risks of fraud or non-compliance with laws and regulation the matters discussed among the audit engagement team regarding how and where fraud might occur in the financial statement5 and potential indicators of fraud. As a result of these procedures, we considered the that the particular areas in the financial statements that were susceptible to misstatement were related to management bia5 in accounting estimates and judgements; recognition, cla55ification and completeness of income. In common with all audits under ISAS {UKI, we are also required to perform specific procedures to respond to the risk of management override. We a150 obtained an understanding of the legal and regulatory frameworks that the Charity operate5 in, focusing on provisions of those laws and regulations that had 3 direct effect on the determination of material amounts and disclosures in the financial statements. The key laws and regulations we considered in this context included Charity legislation applicable to Northern Ireland, Charity's governing document, employment law, health and safety and tax legislation. In addition. we considered provisions of other laws and regulations that do not have a direct effect on the financial statements but compliance with which may be fundamental to the Charit¢5 ability to operate or to avoid a material penalty. Our procedure5 to respond to risks Identified include the following: identifying and assessing the design effectivenes5 of controls management ha5 in place to prevent and detect fraud. reviewing the financial statements disclosures and testing to supporting documentation to assess compliance with provisions of relevant laws and regulations described as having a direct effect on the financial statements; enquiring of management and external legal advisors concerning actual and potential litigation and claims; performing analytical procedures to identify any unusual or unexpected relationships that may indicate risk of material misstatements due to fraud,. reading minute5 of meetings of those charged with governance; 12
Moira Parish Church Independent Auditorfs Report to theTrustees of Moira Parish Church (continued) For the year ended 31 December 202Z Auditorfs responsibilitles for the audit of the fjnancial statements {continued} obtaining an understanding of provisions and holding di5cussion5 With management to understand the basi5 of recognition; and in addressing the risk of fraud through management override of controls, testing the appropriateness of journal entries and other adjustments including those relating to revenue recognition; assessing whether the judgements made in making accounting estimates are indicative of potential bia5; and evaluating the rationale of any significant transactlons that are large, unusual or outside the normal course of the charitvs activlties. We also communicated relevant identified laws and regulations and potential fraud risks to all engagement team5 members and remained alertto any indications offraud or non-compliance with laws and regulations throughout the audit. Because of the inherent limitation5 of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulatlon is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgeryi collusion, omission or misrepresentatlon. We are not responsible for preventing non-compliance and cannot be expected to detect non-compliance with all laws and regulations. As part of an audit in accordance with ISAS IUK), we exercise professional Judgment and m3intaln Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedure5 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 frorn fraud Is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omi55ions, misrepresentations, or the override of internal control. Obtain an understandlng 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 effertiveness of the charity'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 charlt(5 ability to continue as a going concern. If we conclude that a material uncertainty exists, we are requlred to draw attentlon in our auditorfs report to the related disclosures in the financial statements or, if such disclosure5 are inadequate, to Modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditorfs report. However, future events or condltions may cause the charityto cease to continue as a going concern. 13
Moira Parlsh Church Independent Auditor's Report to the Trustees of Moira Parlsh Church (contlnued) For the year ended 31 December 2022 Auditoes responsibilities for the audit of the financial statements (continued) Evaluate the overall presentation, strutture and content of the financial statements, 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 significant audit findings, including any significant deficiencies in internal control that we identify during our audit. Use of our report This report is made solely to the charity's trustees, as a body, in accordance with Part 4 of the Charities (Account5 and Reports) Regulations (Northern Ireland) 2015. Our audit work has been undertaken 50 that we might state to the charitVs trustees those matters we are required to state to them in an auditorfs report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charitvs trustee5 a5 a body, for our audit work, for this report, or for the opinions we have formed. Icf Mr Michael Mccarter FCA {Senlor Statutory Auditor) For and on behalf of JACKSON ANDREW5 Chartered Accountants & Statutory Auditors 6 Mandeville Mews Portadown Craigavon BT62 3NS Date 14