WALSH O'BRIEN HARNETT Independent auditor's report to the administrators on the non-statutory financial statements of the Dominican Fathers Newry Report on the audlt of the flnancial statements Oplnlon We have audited the non-statutory financial statements of Dominican Fathers Newry {'the Charity,) for the year ended 31 December 2022 set out on pages 9 to 17, whlch comprise the statement of financial activities, balance sheet and related notes, includlng the summary of significant accounting policies $8t out in note 1. These non-statutory financial statements have been prepared for the reasons set out in note 1. The financial reporting framework that has been applled in their preparation is FRS 102 Th8 Financial Reporting Standard applicable in the UK and Republic of Ireland. In our opinion. the non-statutory financial statements: give a true and falr view of the stste of tho Charity's affairs as at 31 Dacember 2022 and of Its deficlt for th8 year then ended; have been properly prepared in accordance wlth FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland; and have b8en properly prepared in accordance with the requirem8nts of th8 Charities (Northern Ireland) Act 2008 and Regulation 8 of the Charities Accounts and Reports (Northern Ireland) Regulation 2015., and have been properly prepared in accordance with the accounting pollcles and basls of preparation set out In note 1 Bas1$ for oplnlon We conducted our audit in accordance with Intemational Standards on Auditing (UK) (ISAS (UK)) and applicable law. Our responsibilit18s under those standards are further described In the Auditor's responsibilltles for the audit of th8 non-statutory financial statements section of our report. We are independent of the Charlty in accordance wlth ethical requirements that are relevant to our audrt of financial statemenls in the UK, includlng the Financial Reporting Council (FRC)'s Ethical Standard, and we have fulfilled our other ethical responsibilities In accordance wlth these requlrements. We believe that the audlt evidence we have obtained is sufficient and approprlate to provlde a basls for our opinion.
WALSH O'BRIEN HARNETT Independent auditor's report to the administrators on the non-statutory financial statements of the Dominican Fathers Newry (continued) Report on tha audlt of tha financial statemants (continued) We have nothlng to raport on golng ¢on¢em Th8 trustees have prepared the financial statements on the going concern basis as they do not intend to liquidate the Trust or to cease its operations, and as they have concluded that the Trust's flnancial position means that this is realistic. They have also concluded that there are no material uncertainties that could have cast significant doubt over its ability to continue as a going concern for at least a year from the date of approval of the financial statements ('the going concem period"). We are required to report to you rf we have concluded that the use of the going concern basis of accounting is inappropriate or there is an undisclosed material unc8rtainty that may cast significant doubt over the use of that basis for a period of at18ast a year from the date of approval of the financial statements. We have nothing to report in these respects. However, as we cannot predict all future events or conditions and as subsequent events may result in outcomes that are Inconsistent with judg8ments that were reasonable at the time they were made. the absence of r8f8rence to a material uncertainty In this auditoes report is not a guarantee that the Charity wlll continue in operatlon. Other Infomiatlon The Trustees ar8 responsible for the preparation of other information presented in the Annual Report together with the non-ststutory financial statements. The other information comprises the iryformation Included in the Trustees, report, The non-statutory financial statem8nts and our auditor's report thereon do not comprise part of the other information. Our oplnion on the non-statutory tlnancial statements does not cover the oth8r information and we do not express any form of assurance conclusion on that Information, Our respon8lbility Is to read the other information and, In dolng so, consider whether, based on our non- statutory financial statement audit work. the information therein is materially misstated or Inconsistent with the non-statutory financial ststements or our audit knowledge. Based solely on that work, we have not Identlfied materlal misstatements In the other infomiatlon. Matters on whlch we are requlr•d to roport by exeeptlon In connection with our audlt of the financial statsments, ISAS (UK) require that we read the other Infomiation and, in doing so, consider whether that Information is materially inconsistent with the financial statements or our knowledge obtain8d from our audlt work, or otherwise appears to be materially misstated. ISAS (UK) r8quire that we r8POrt to you if, based on the knowledge we acquired during our audit, we have identified information in the annual report thal contains a material inconsistency with either that knowledge or the financial statements, a material mlsststement of fact, or that Is otherwise misleading. We h8ve nothing to report in this regard. Under the charities {North8rn Ireland) Act 2008 and Regulation 8 of the Charities Accounts and Reports (Northem Ireland) Regulations 2015 we are required to report to you if, in our opinion: adequate accounting records have not been kept, or retums adequate for our audit have not been received from branches not visited by us. or the financlal statements are not in agreement with the accounting records and returns; or we have not received all the information and explanations. We have nothlng to report in respect of the above responsibilities.
WALSH O'BRIEN HARNETT Independent auditor's report to the administrators on the non-statutory financial statements of the Dominican Fathers Newry (continued) Respective responsibilltles and restrlctions on usé Responslbllltles of Trustees for the non-statutory flnanclal statèments As explained more fully in thelr statement set out on page 5, the Trustees ar8 responsible for.. the preparation of the non-statutory financial statements, which are intended by them to give a true and fair view,. such internal control as they determine is necessary to enable the preparatSon of non-statutory rinancial statements that are free from material misstatement, whether due to fraud or error; assessing the Charty's abllity to continue as a going concem, disclosing, as applicable, matters related to going conc8m: and using the golng concem basls of accounting unless they èither Intend to liquidate the Charity or to cease operations, or have no realistlc alternative but to do so. Audltor's responslbllltl•s for th8 8udll of th• non-statutory flnanclal statemonts Our objectives are to obtsin reasonable assurance about whether th8 non-statutory financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that Includes our opinion. Reasonable assurance is a high18V81 of assurance, but is not a guarantee thal an audit conducted in accordance with ISAS (UK) will always detect a materlal misstatement when It exlsts. Misstatements can arise from fraud or error and are consid8red material if, individually or in the aggregate, they could reason8bly be expected to influence the economlc decisions of users taken on the basis of these financial statements. A fuller description of our responsibilities Is provided on the FRC'S website at www.frc.or .uklauditorsres onsibilities. The purpos• of our audlt work and to whom wo ow• our rosponslbllltles Our report has been prepared for the Charity solely in connectlon with our engagement lett8r dated 181 June 2022. It has been released to the Charlty on the basis that our report shall not b6 COP18d, referred to or disclosed, In whole (save for the Charity's own internal purposes) or in part, wlthout our prior written consent. Our report is made solely to the Trustees in accordance with Section 65 of the Charities (Northern Ireland) Act 2008. Our report should not therefor8 be regarded as suitable to be used or relied on by any party wishing to acquire rights agalnst us other than the Charity for any purpos8 or in any context. Any party other than the Charity who obtains access to our report or a copy and ch0058S to rely on our report {or any part of it) will do so at its own risk. To the fullest extent pemiitted by law, we do not accept or assume responsibility to anyone other than the Charity and the trustees, as a body, for our audit work, for this report or for the opinio s we have fomied. Andrew Kevltt FCA for and on behalf of Walsh O'Brien Harnett Charlered Accountants. Statutory Audlt Flmi 104 Lower Baggot Street Dublin 2 2(P> July 2023