Independent auditor's report to the administrators on the non-ststutory financial statements of the Dominican Fathers Newry Report on th• audlt of the financlal statements Opinion We have audiled tho non-statutory finanaal statements of Dominican Fathers Newry ('the Ch8rty') for the year ended 31 De(%mber 2023 set out on pages 9 to 17, whth comwise the statement of financial activities. balance sheet and lated notes, including the summary of signfficant accounting policies set out in note 1. These non-statutory financial statements have been ppared for the reasons Set out in note 1. The financial reporting framework that has been applied in their preparation is FRS 102 Tha Financial Repoth'ng Standard applK8ble in the UK 8nd R8public of Ireland. In our opinlon, nonqststutory financial statements: give a true and fair view of the state of the Charity's affairs as at 31 Dacember 2023 and of Its surplus for the year then ended,. have been property prepared in accordance wlth FRS 102 The Financial Repo.ng Standard applicabl8 in the UK and RepubliG ofirgland., and have been property prepar8d in 8ccordanca wrth the requirements of the Charib'es (Northern Ireland) Act 2008 and Regulation 8 01 Ihe Charrties Acc(ntS and Reports (Northern Ireland) Regulation 2015; and have been properly prepared in accordance with the &wounting pollclos and basis of preparatk)n set out in note 1 Bas18 for oplnlon We conducted our audit in accordance with Intemati¢)nal Stsndards on Audlting {UK) (ISAS (UK)) and applicable law. Our responslbilities under those standards are further described in the Auditorfs responsibilities for the audit of the non-statutory financial statements section of our rep)rL We are independent of the Charity in accordance with ethical requirem8nts that a relevant to our audit of financlal statements in the UK induding the Financial Reportlng Council {FRC)'s Ethical Stsndard, and we have futfilled our other ethrcal responsibilities In accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and approprlate ts provlde a basis for our opinion.
Independent auditor's report to the administrators on the non-statutory financial statements of the Dominican Fathers Newry (continued) Report on tho audit of the financlal statements (cOnt8d) Wo hav• nothing to r•port on gn9 concem The tnjstees have prepared the financial staternents on the going concern basis as they do not intsnd to liquidate the Trust or to cease ts operations, and as they have concluded that th8 Trust's financial 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 concem for at least 8 year from the date of approval of the financial ststements (°the going conrAm periocr). We are requir8d to report to you if we have conduded that the use of the going concern basis of accounting is inappropriate or there is an undlsclosed material uncertainty that may cast signlficant doubt over thè use of that basis for a perlod o18t least a year from the date of approval of the financi81 itatsm8nts. We hw46 nothing trj report in these respect& However, as we cannot predict 811 futur8 evénts or corKlitions and as subsequent events may result In outcomes that are inconsistent with Judgements that We reasonable at the time they were made, the absence of referen to a rnatwial uncertainty in this auditor's report is not a guarantee that the Charty will continue In operation. Oth•r Informatlon The Trustees are responsible for the preparation of other inft)miation presented In the Annual Report together with the non-statutory financial statements. The other Inforniation comprlses the Information included in the Trustees, reporl The non-statutory financial stat8ments and our audltorf8 report thereon do not comprlse part of the other information. Our opinion on the non-statutory financlal 8tstem8nts does not cover the other information and w8 do not express any form of assuran (nClUSion on that Infomwtion. Our responsibilty is to r98d the other infomiation and, in doing so, consider whether, based on our non- statutory financial statement audit work, the information therein is matsrially misststed or inconsistent WFth the non-statutory financial ststements or our audrt knowledge. Based solely on that work. we have noi identrfied materi81 mtsstaten*nts in the other informab'on. att•r8 on whlch w• ar• r•qulrnd to rap1 by ceptIOn In connertion with our audit of the financial statements, ISAS (UK) require that we read the other inforrnation and, in doing so. consKler whether that infMation is materialty inconsistent wlth the financlal ststements or our knawledge obtained from our audit work. (x otherwlse apFxars to be material misstated. ISAS (UK) requre that we reFM]rt lo you if, based on the knowledge we a¢quired during our audi( we have identrfied infomiation in the annual report that contains a material inconsistency with either that knowledge or the financial statements. a material misstatement of fac( or that is otherwise misleading. We have nothirKJ to rep)rt in this regard. Under the tharities (Northern Ireland) Act 2008 and Regulation 8 of the Charities Accounts and Reports (Northern Ireland) Regulations 2015 we are required to report to you if, in our opini(. adequate accounting iecord5 have not been kept, or reknms adequate for our 8udit have not been reiVed from branches not visited by us., or the financiat statements are not in agreement with the aAnt1ThJ records and retums; or we have ftot received au the informab'on and explanations. have nothing to report in respect of the above responsibilrties.
Independent auditorfs report to the administrators on the non-statutory financial statements of the Dominican Fathers Newry (continued) R88pective responsibllltles and restrictlons on use Responslbilitlos of Trustees for the non4tatutory financlal statements As explained more fully in their statement set out on page 5. the Trustees are responsible for.. the preparation of Ihe 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 preparation of non-slatutory financial statements that are free from materi81 misstatement, whether due to fraud or error; assessing the Charfty's ability to continue as a going concern. dlsclosing, as applicable, matters related to going concern. and using the going concern basis of accounting unless they elther intend to liquidate the Charity or to cease operations, or have no realistlc alternative but to do so. Audltorfs responslblllties for the audlt of the non-ststutory flnandal statamants Our objectlves are to obtain reasonable assurance about whether the non-statutory flnanclal statements as a whole are free from material misstatement, whether due to fraud or ermr, and to issue an auditor'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. Misstatements can arise from fraud or error and are considered material rf. individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users tsken on the basis of these flnancial statements. A fuller descriptlon of our responsiblllties is provided on the FRC'S webslte at www.frc.or .uklaudi rsres onsibiliti The purposa of our audit work and to whom we owe our responslblllties Our report has been prepared for the Charity solely In connection wlth our engagement letter dated 1 June 2022. It has been released to the Charity on the basis that our report shall not be copled, referred to or disclosed, In whole {save for the Charlty's own internal purposes) or in part, without our prlor written consent. Our report is made solely to the Trustee8 In accordance with Section 65 of the Charities (Northern Ireland) Act 2008. Our report should not therefore be regarded as suitable to be used or rdied on by any paty wishing to acquire righls against us other than the Charity for any purpose or in any context. Any party than the Charity who obtains access to our report or a copy and chooses to rely on our report (or ary part of it) wlll do so at its own risk. To the fullest extent permitted 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 opinions we have formed. Andrew Kavitt FCA for and on behalf of Walsh O'Brlen Harnett Chartered Accountants, Statutory Audlt Firm 1Q4 Lower Baggot Street Dublin 2 August 2024