¢ItARfBRID ACtOUYTINTS CARRICKFERGUS ENTERPRISE INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF CARRICKFERGUS ENTERPRISE Oplnlon We have oudlted the finan¢l¢l statfftnts ol Carric4(fwgus Enterpr($8 {th2'thanty'l I￿ the y￿r grKl8d 31 December 2022 vthl¢h ctsmprise lh& statement ol flnancl81 aclNilies, Ihg bg1?nce sheet and notss lo th? flnandal statèments, Induding signifi¢anl accounithg poli¢i¢s Tha flnancial r&pO￿ng framework Ihal has be&n appliod in Iheir pr•p8rallon 18 applicable law and UThled Kingdom Aceounling SlandaTds, induding Flnan¢i81 Reporting Stsndord 102 Th& Flnoncial Repothng standa￿ 8pplic8ble in the UK and RgpublK ol lrnland Iunlled Klngdom Gene{al￿ Acceptèd AcoJunlin9 Praclicel. In ow oplnlon. Ihe ftnandgl stat8ments. glve a tru8 and lair vlew of the slate of the ¢harflabh ccfflpanls as 8t 31 Oacembei 2022 and ol its Incoming r•sources and 8pplicatSon ot f•SOUT¢eS, for Ihe year then ended., ha￿ been prnperly pwpar8d In ac¢ordence wrth United Klngdom Ge￿ra1￿ Acc•pt•d ACc￿ntIng Prathcé,. and have b8en wwrtd In a¢cordgnce Y￿h the requlrem8nts of the Companie$Act 20Lb. Ba$1$ for oplnlon conduded our au¢*t kn aCC•ydance wlh Intemal￿Oi Standards on Audttlng {UKI (ISAS IUKII and applicable Lgw Our r¥sponsltMlities under Ihose ytsnd8rd8 8r& fthher described kn lh• Audilovs rnsponsiljmlis lorthe auth"1 ol Ihe ffnanct81 stal&m8nls $gction of our reprt ar• IndeFen(Jent of ihe tharity in 8ttordance vath the elhlul requirem¢nls th81 arg ￿levant lo our ¥utht of Ihe fiTh0tK￿l slatemènts in the UK. Includlng tht FRC'S Ethical Standard, and we havè fulfilled our 0th9r eihlcal respo￿lb￿li1I&S In accordancg with thest requlAmenl$. We believe that the audit evidence we ha￿ obtained Is suffic1￿1 and approprth lo p￿¥#￿8 a bas15 fcrf our oplnlon. Concluslons rnlatlng to golng concem In gudiiing the finanaal statements. wo have cMdud•d ihat the Tntstees. u38 of the goty ¢oncem basis of a￿￿jntsng in the preparallon of Ihe fin8ncAal Statem￿ts ￿ approwiate. Based on the work we hav¢ P&flormed wè have not identiffed any matenai Lmcertatnlles felaiiig lo events condlticffls that, Indlv(dually or colttctivety. may cast svJnific8nt doubt on th8riVs abihty to continu& as a wng concgm for o wlod of at *asl months from when tr* ￿Th9n￿al slatw￿lS are aulhort8èd for Sssue. Our responstr)Ilhles and ihe responsl>ilibe5 01 the In￿1¢￿ wilh respe¢l to going c¢¥￿M ar• dewbed In the iev#nl $￿tIonS olthis ieport. Alfred House A9 Alfred Street BÉLFA￿BTg 8EQ DX39xoNR BeltArtBO Cenrury frlouse 4nCre5Leiit Btss2ness VaTk LtSBURN Er28 2GN' l?DkTIlDOIVN B'T62 3I>H +44 (o)28 9031 1113 F￿. +44 (0)28 9031 OTr1 Tol.. +44 (0128 9260 73SS Fox: 44410)289260 J656 Tol" .44 (012ByB33 ￿8￿1 44 (0118 3835 QI93 CARRICKFERGUS ENTERPRISE INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF CARRICKFERGUS ENTERPRISE Oth•r Inft+matlon The othor infornotion comryl8¢s the infornatlon Included in the annual report other Ih?n th• 8tat¢rnents and OLtr audrtofs report thereon. The INstees are fesponslble fw the oihei Inform81ion ￿nI91ned wthin the anrwal port. Our opinion on the financial slatements doe8 not covèr th& olher Inform8tlon and, 8xcept lo the extent olheMg0 explicitly Slated in ow report. wg do Mt expr¢$$ any fum of 85surance condusion thereon. Our responslbllty Is to read iht other Inftsmiation and, In dolng so, cOn￿der vthelher Ihe other nform8tion Is malerialty inconslslenl wlh the fin8nual ststemertts or ¢)ur knowledg? obt81ned in the course tsflh& audit. or otherwlse ap￿9 to be molerially mi88laled. If ￿ Idenbfy such malaAal inconslslenciè8 or apparent material mls$lalem•nts, wo w• requlred lo dalamlne W￿￿ther thls 9iv¢$ r15e to o material misslalernenl in the finandgl statements Ihemsdv88. If. based on the woth w h8v¢ performed. wa condude Ihat ther&18 a matetsl ml8Statemnt ol this other Informalkjn. we gffj requlred to ￿pOrt thal fact. We have nolhing b r8POrt in this Kegard. Oplnlon8 on other m4tt•rn pmcrfb¢d by the Compan1￿ A¢t 21x16 In our opinion, based on th8 work undertaken in the course of our audS1" th8 information given in the Tr￿le&s, report for the ffinanctal y8ar for whith Ihe finendal statements are prepwed, which In¢ludas thg fep)rt praparod for the pu￿08&5 of¢ompany law, 1$ ￿SIstant with Ihe finBnu¥l statèments,. and Ihe direc*or5' report inthded vllhln th? Twslg8s' report has been prepared h accordan￿ wllh aF01￿￿￿e leg81 requlremenls. Mattern on whlch wè are rgqulred to Mport by eX￿PtIOn In the lighl of the knowledge and underslanding of the ¢hanty and lis envlrunment obt4n8d in the course of th IL w8 have not idenbfied materigl nwsststèmènls in Ihe dlrtctDrs' reFQrt InclLpJed vlthln Ihe TntSte89 r8PQrt. We have nothing to ￿pOrt bn resp8Ct of thB folowng matt•rn in relauon to Ithich the CrYnp￿leS Ad 2006 r•quire$ u$ to report to you if. in our OF4nion. adequate a¢countlng reccwds have not been kept, or relums adequ8te for our 4LKIt have nol been reeeived from branchgs not visited by us.. or thg finoncial slalements are not wi •grttm&ntvAlh Ih? accountsng r8crKds gnd retums,. cert8in th'sdOW￿ ol Iruslee$' remunerailon 8peeAf*d by law are not ma¢Ye'. or we have not received ￿1 Ihe infomwlion ¥nd explanations we requirè for our audit. or Ih? trustees wgrè not entitled to prepare Ihe finarKi￿ statements In a¢corlance wlh thè 8maN ¢ompar4es regim9 and lake advanta98 ofthè sm811 Comp￿les, exemption$ m pwaring the TnAlee* report and from I requir¢ment to prepare a strateyic report. 12- CARRICKFERGUS ENTERPRISE INDEPENDENT AUDITOFYS REPORT (CONTINUED) TO THE PIIEMBERS OF CARRICKFERGUS ENTERPRISE R￿PonSIbIlItIeS of tru•ts•• A8 &xpl8Sned marè fij1￿ In the 8tatement of TN8tees' responsknllltles, the Iruglees, Itho are al80 Ihe dlrectrys ol thg chadly lor the purpose of¢ompany law, aro fesponslblg lor t￿ prnparallon of th• financlal str1￿nents and for belng saiisfled that they a tr￿ falr ￿ew, and for wch Intsmal conirnl as th& trustees de￿MIlne 1$ nècossary lo •nabl& the prèparallon gf Inonclal $14temgnts that are free from malethal mls8talemenl, ￿ether dve lo fraud c* error. In pr•p8rfng Ihe fingncial statemenls, the trustèes ar8 rèspon51ble for assesglng the charlty's 8bllty lo conllnue 88 a gcmng corKem. di$d05hg. a5 appllcable, matt&r8 ￿lated lo golng ¢oncem and u$h9 tho golng ncfjrn basis of accounling unles5 the Irusleas eitlw intend to loq￿d?1? ihe chwitabl• ccmp8ny or lo ¢e¥se cpergtlons. or have no realistlc *tèMat￿e but to do so. AudlloV8 rèsponslbllltle• lor the audlt of the flnan¢lal stst•m•nts Oui objectlves are lo obtain r8ason8ble 8ssurance atrf)ut whether the f￿andal statements 88 a wf¢ob arè free Irom mal•rlo1 mlsstat8ment, %th?ther dug lo fraud or error, and to issutr an aLtdttorfs r•port Ihal inclLKJes our opinlon. Reasonabl& g$surance Ss a high level of assurance Is not a 9u#r8nlee th818n 8udll ¢onducled In accordance th ISA5 IUKI will always dètect a malwial mlsstalemenl wfien il ex15ts. Mlsstalements arfs& trom fraud or error and are conytdered matèrial if. 1ndNi￿allY or in th¥ aggrwl¢. they o)uld ￿¥sona)lY bo expecied to influencg Ihe eeonomlc decisi¢M8 ol u8er3 l¥ken on Ihe basls of Ih8s& frnandal stat8M￿. The extenl lo ￿lch our pro¢ethres are ￿patIe of d8terAing Irreg￿arrtlts$. Inch￿1￿ Irawj. is dotalled belcth. 13- CARRICKFERGUS ENTERPRISE INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF CARRICKFERGUS ENTERPRISE Extent to whl¢h th& audSt was con$ldgr•d capabl• of dgt•¢tltJg Irr•gularltles, lTh¢ludlng fraud idenlfy and ass•ss Ihe fisk5 01 material mlgslal¢mgnl of the financtal sla14menls. whelher due lo fraud or error, 8nd then design and perform audit proceduws respon5iVQ to those risks, InclLKlry obtainlng O￿lit evthn¢e that Is suffirlenl and 8pproprtale lo provide a b8s1s for our opinion. In 1d8nlify￿y and a$se¥siry polenllal rtsks of mat8￿81 Mi￿1818m0nt In respect ol Irro9ulgrftie4 Indudin9 fraud and nonkncomplianrAs wlth laws and regulallons, w• consld8rèd the folb¥Mng.' ThE ngture of the industry and 88¢lor, contml environment ar¥J bu￿n•S8 perfonn4nce, Inciudlng the company's remunerallon policies lor dliectors, bonus levels aryj performan¢g tsrgèts, il any,. Results ol our ènqulrfeg of maneggmenl about their own Id•nlification and as6ès6menl of Ihe rlsks of iffegularitios., Any matters we Identified havirg obtalnod and reviewed the ¢ompanl8 documentallon ol thelr pdldes procedures relaiing lo.. Idenlifyw)g, evaluating and coMpl￿n9 vAth laws 8nd regulat￿ts and vtholher thay wgre aware of any Instanc8 of non&compliance,' Deledng and responding lo the rfsks of fraud and wheiher they have of any actual, $usp¢¢ted or llleged ftaud: and The intemal controls oslabllshgd lo mlts'gat• rtsks of fraud ￿ non.¢tsmplignce vhth lo￿ and regul8tion$,' The matters discussed among the audil engagement team regarding and wherfj fraud might occw In the finonciql sl•lements and FOJtenlial indlcator$ of fraud. As 8 resutt of these procedur85. we considered the opportuniites and Incenttyeg thal moy e￿$t vthin the company trjr fraud and idenllfied the greatest polentlal for fraud in revenue re¢ognilion and PfOP8rty valuation. In common Ih all OLKlits und8T ISAS IUKI, we are al80 reqimred lo perfgmi speufic wocedure8 to lo the risk of managEment override bye 8180 obtalned an understanding of tlw 18gAI and regulatory fr8mowork$ that the company operates kn, foatsSng en provislons of those laws and fegulatlon5 that had a direct affact on the deterninalion of material amounts and ¢Ssdosures in the financial statemenls. The key laws and reguladons wa conslderèd In Ihls context includ8d the CompanleyAct 2006, and local 18x le￿latiOn. In addttson, we congtdefed provl$lw¥ of other laws and regulot4on$ that do not have a direcl effxt on thg finarri•l slalemenls but ccfflpliance vknich may be lundamentsl to the companW$ abifty lo op¢rote or to a￿sid a ma*rial penamy. 14- CARRICKFERGUS ENTERPRISE INDEPENDENT AUDITOR'S REPORT {CONTINUED TO THE MEMBERS OF CARRICKFERGUS ENTERPRISE Audtt rnspon8o 10 rl8ks IdoritWl•d Our procedures lo respond to the risks klgnlfled In¢lud8d Ihe lolbwmg.. Rewtrwiny tho financial 8tatem•nl d*clo8￿$ And 18sUrg to supportlng docum8ntatiDn lo asse5S complianc& wllh provl8ions of rel8vant laws and r8gutatThs de8cttbed 8$ having a direct effect on th8 financtal s￿l•Ment8,. Enqulrtng of manag•monl COn￿mIng adual and potential lrtwBtiDn and daims.. Perfomilng analytlc81 proc8dures lo hltsntsfy any unu¥uèl or unexpedgd relotlon6Np8 Ih8t m8y Indi¢ai• risks of material mi88tetement due lo fraud.. Readlng minulo8 of m•eln95 01 those ¢h8rgfjd wrfh go¥eman¢e and rnV1e%￿Thg coffespond8nce wrfth lax &uthoriil85" and In addressing rlsk of fraud thnugh M￿agement oveThth of controls, te511ng Ihg approprlalaness of )oumal ènlrkls and other adiustmenls. assessing whether the ILsdgemenlg made In m8klng aecountln9 o81imales arè indrative ol a potènttsl b￿$., and evaluating the bu￿nesS oknonak of any signffiwt tran$a¢llon$ Ihal are unusual or outside the nom)al course ol business. We also communicatsd relevant Idenlfied laws and regulaUon$ and polenu'al fraud rfsks lo all engagement team members and ramaned alert lo any indications of fraud or nonwcompTian¢8 w#h laws a￿1 regulations Ihroughout Ihe audit Owing lo thè Inherent limiiations ol 8n audit. there k8 an Una￿ldabkn risk that we may nol have dètected some maièrlal misststaments in thè finand91 Slalemenis. even though we have properly planned and performe