NORTHERN PHARMACIES LIMITED TRUST FUND 5 Annadale Avenue Belfast BT7 3JH HMRC ref.. XN48756 NIC.. 101560 Baker Tilly Mooney Moore 17 Clarendon Road Clarendon Dock Belfast BT13BG Dear Sirs The following representations are made on the basis of enquiries of management with relevant knowledge and experience such as we consider necessary in connection wilh your audit of the Trust's financial statements for the year ended 5th April 2024. These enquiries have included inspection of supporting documentation where appropriate. All representations are made to Ihe best of our knowledge and belief. General We have fijlfilled our responsibilities as Irustees as set out in the terms of your engagement under the Charities Act {Northern Ireland) 2008 for preparing financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). for being satisfied that they give a true and fair view and for making accurate representations to you. All the transactions undertaken by the Trust have been properly reflected and recorded in the accounting records. 3 All the accounting records have been made available to you for the purpose of your audit. We have provided you with unrestricted access to all appropriale persons wilhin the Trust. and with all other records and related infomation requested, including minutes of all management and trustee meetings and Corresponden with The Charity Commission for Northern Ireland. The financial statements are free of material misslatements, including omissions. There are no uncorrected misstatements in the financial statements. We confim we agree with the overall positive movement in funds for the year of £56,862. Internal control and fraud We acknowledge our responsibility for the design, implementation and maintenance of internal control systems to prevent and detect fraud and error. We have disclosed to you the results of our risk assessment that the financial stalements may be misstated as a result of fraud. We have disclosed to you all instances of known or suspected fraud affecting the entity involving management. employees who have a significant role in internal conlrol or others that could have a material effect on the financial statements. 9 We have also disclosed to you all infomiation in relation to allegations of fraud or suspected fraud affecting the entity's financial statements communicated by current or former employees, analysts, regulators or others. Assets and liabilities 10 The Trust has satisfactory title to all assets and there are no liens or encumbrances on the Trust's assets, except for those that are disclosed in the notes to the financial statemenls. 11 All actual liabililies, contingent liabilities and guarantees given to third parties have been recorded or disclosed as appropriate. 12 We have no plans or intentions that may materially alter the carrying value and where relevant the fair value measurements or classification of assets and liabilities reflected in the financial statements. A¢counting estimates 13 Significant assumptions used by us in making accounting estimates, including those measured at fair value, are reasonable. Page l of 2
Legal claims 14 We have disclosed to you all claims in connection with litigation that have been, or are expected to be, reiVed and such matters, as appropriate, have been properly accounted for. and disdosed in the financial statements. Lav•s and regulations 15 We have disclosed to you all known instances of non-compliance or suspected non-compliance with laws and regulations whose effects should be considered when preparing the financial slatements. Related parties 16 Related party relationships and transactions have been appropriately accounted for and disclosed in the financial statements. We have disclosed to you all relevanl information concerning such relationships and transactions and are not aware of any other matters which require disclosure in order to comply with legislative and accounting standards requirements. Subsequent events 17 All events subsequent to the date of the financial statements which require adjustment or disdosure have been properly accounted for and disclosed. Going concern 18 We believe that the Trust's financial statements should be prepared on a going concern basis on the grounds that current and future sources of funding or support will be more than adequale for the Trust's needs. We have considered a period of twelve months from the date of approval of the financial statements. We believe that no further disc]osures relating to the Trust's ability to continue as a going concern need lo be made in the financial statements. Grants and donations 19 All grants. donations and other income. the receipt of which is subject to specific lerms or conditions, have been notified to you. There have been no breaches of terms or conditions in the application of such income. 20 There was no restricted income received by the Trust during the year. We acknowledge our legal responsibilities regarding disclosure of information to you as auditors and confirm that so far as we a aware. there is no relevant audil infomalion needed by you in conneclion wilh preparing your audit report of which you are unaware. Each Trustee has taken all the steps that Ihey ought to have taken as a Trustee in order to make themselves aware of any relevant audit infomiation and to establish that you are aware of that information. Yours faithfully Signed on behalf of the board of truslees Date.. Page 2 of2