o)q<s Chartered Accountants and Registered Auditors REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF ELY CENTRE-THE Opinion We have audited the financial statements of Ely Centre-The (the 'charitable company,) for the year ended 31 March 2023 which comprise the Statement of Financial Activities. the Balance SheeL the Cash Flow Statement and notes to the fmancial statements, including a summary of significant accounting policies. The flnancial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounttng Standards (United Kingdom Generally Accepted Accounting Practice). In our opinion the fmancial statements: Crive a true and fair view of the State of the charÈtable CoMpanS affairs as at 3 l March 2023 and of its incoming resources and application of resources. including its income and expenditure, for the year then ended. have been properly prepared in accordance with United Kincrdom Generally Accepted Accounting Practice" and have been prepared in accordance with the requirements of the Companies Act 2006. Basis for opinion 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 Auditors, 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 stateLnents in the UK including the FRC'S Ethical Standard, and we have fiLllilled 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 fanciaL statements, we have concluded that the trustees, use of the going concern basis of accounting in the preparation of the fmancial Statements is appropriate. Based on the work we have perfonneLL we have not identified any material uncertainties relattng to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to contlnue as a going concern for a period ofat least twelve months from when the fmancial statements are authortsed for issue. Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this reporL Other information The trustees are responsible for the other inforn]ation. The other infonnatton comprises the infonnation included in the Annual Eiepo¢ other than the financial statements and our Report of the Independent Auditors thereon. Our opinion on the fanCial statements does not cover the other infonnation aThd. except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connectkon with our audit of the fanCEal statements, our responsibility IS to read the other infonnation and, in doing so, consider whether the other infortnation is materially inconsistent with the finatlcial 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 detenniThe whether this gives rise to a material misstatetnent in the fancIal statements themselves. If. based on the work we have perfonned, we conclude that there is a material mksstatetnent of thÈs other InfomtiOn, we are required to report that fact. We have noth(ng to report in this regard. Opinions on other matters prescribed by the Companies Act 2006 In our opinion, based on the work undertaken itk the course of the audit: the infonnation given in the Report of the Trustees for the financial year for which the financial statements are prepared is consistent with the financial statetnents- and the Report of the Trustees has been prepared in accordance with applicable legal requirements. CHARTERED ACCOUNTANTS IRELAND Chartered Tax Advisers Registered lo carry out audit Wofk and regulated for a range ol investment businè5S activities in the United Kingdom by the In51iluie ol Chartered Accountant5 in Ireland
C)a/knn cftemorn Chartered Accountants and Registered Auditors REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF ELY CENTRE-THE Matters on which we are required to report by exception In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit. we have not identified material misstatements in the Report of the Trustees. We have nothkng to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion.. adequate accounting records have not been kept or returns adequate for our audit have not been received from branches not visited by us. or the financial statements are not in agreement with the accounting records and returns. or certain disclosures of trustees, remuneration specified by law are not made. or we have not received all the infonnation and explanations we require for our audit- or the trustees were rkot entitled to take advantatse of the small companies exemption from the requirement to prepare a Strategic Report or in preparing the Report of the Trustees. Responsibilities of trustees As explained more fully in the Statement of Trustees, Responsibilities, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible For the preparation of the fmancial statements and for being satisfied that they tsive a trlle and fair view, and for such intemal control a5 the trustees determine is necessary to enable the preparation of fmancial 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, disclosincr as applicable, matters related to ooing coThcem and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable compaThy or to cease operations. or have no realistic alternative but to do so. Our responsibilities for the audit of the financial 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 a Report of the Independent Auditors that includes our opinion. Reasonable assurdnce is a high level ofassurance, but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material misstatement when it exists. Misstaternents can arise from fraud or error and are considered material if. individually or in the acFgregate. they could reasonably be expected to influence the economic decisions of users taken on the basis of these fancial statements. The extent to whiclL our procedures are Capable of detecting Iesulantie5, including fraud is detailed below.. As part of an audit ITh accordance with ISAS. we exercise professional judgement and maintain professional scepticism throughout the audit. We identify and assess the Tisks of material misstatement of the fancIal ststemeThts, whether due to fraud or error, design and perfonn audit procedures responsive to these risks. and obtain audit evidence that is sufficient and appropriate to provide a b&8is for our opinion. We obtain an understanding of internal controls relevant to the audit iTh order to design audit procedures that are appropriate in the circumstances. Chartered Tax Advis CHARTERED ACCOUNTANTS IRELAND Registered io earry out audit work and regu1aled lor a range ol inveslfpenl business aciivities in the United Kingdom by the Institute ol Chartered Accounianls in Ireland
cfte/zJorn Chartered Accountants and Régistered Auditors REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF ELY CENTRE-THE We obtatn an uThderstanding of the company, the industry it operates in and the legal and regulatory framework that the company operates within. We focus on the provisions of these laws and regulations that have a direct effect on material amounts and disclosures in the Fmancial statements. The key laws and reoulations we Considered in this context included the UK CompaThies ACL Pension, Tax and Health and Safety Leoislation. tocrether with provisions of other laws and 'reoulations that do not have a direct effect on the [8¢1&{ statements, but coniplian¢e with which may be fundamental to the company's ability to operdte or avoid a material penalty. We tailored our response to these identified risks to include enquiry of management and external legal advisors conceming actual and potential litigation and claitns, perforn]ing analytical procedures to identify any unusual or unexpected relationships that may indicate the risk of material misstatement due to fraud or other irregularities. Further we reviewed the Co¢spOndence with HMKC and other regulatory bodies. In addressing the risk of fraud through management override oFcontrols, we tested the appropriatenes5 of journal entries and adjustments, assessed whether the judtsemevAts made in making accounting estimates are indicative of a potential bias. Further we evaluated the business rationale of any silf&Cant transactions that are unusual or outside the normal course of business. There are inherent limitations in the audit procedures described above. We are less likely to become aware of instances of noTh-compliance with laws and regulations that are not closely related to events and transactions reflected in the fancIal statements. Also, the risk of not detectino a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve delkberate coTh¢ealment by, for example, forgery or intentional misrepresentations, or through collusion. A further description of our responsibilities for the audit of the fjnancial statements is located on the Financial Reporting Council's website at www.frc.org.uidauditorsr¢sponsibilities. This description fornts part of our Report of the Independent Auditors. Use of our report This report is made solely to the charitable company'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 charitable company's members those matters we are required to state to them in an auditors, report and for no other purpose. To the fullest extent perniitted by law. we do not accept or assume responsibility to anyon¢ other than the charitable company and the charitable company's members as a body. for our audit worK lor this reporL or for the opinions we have fomied. William Kenneth Rainey FCA (Senior Statutory Auditor) for and on behalf of Patton Rainey Stenson Limited Chartered Accountants and Statutory Auditors 6 East Bridge street Enniskillen Co. Fennana BT74 7BT l4 December 2023 Charterei Tax Advis CHARTERED ACCOUNTANTS IRELAND Re9isiered to carry out audit work and regulated lor a range ol investm&nl business acliviiies in the United Kingdom by the Inslitule ol Chartered Accouniants in Ireland