CHAFtTEkÉD ACCOIINTAirrs CARRICKFERGUS ENTERPRISE INDEPENDENT AUI)rfoR'S REPORT TO THE MEMBERS OF CARRICKFERGUS ENTERPRISE Oplnlon We have audited the finaal statement$ of Carrfergu5 EnteriSe Ithe 'tharity? for the year ended 31 OecembeT 2023 lch comprise the statement of final acb"¥i. bala0 sheet and notes lo the finaTrial slat8m8nts, ineluding signtheant atetsjnting EIles. The n#i•l rewting frwwrk that been applied in thèir preparats.on Is applicable law and United Kingdom Accnting SlaThlds. Financial RepoitiNJ Stard 102 The Financial Reporting Standard applicabl8 Ihe UK and Republic of Ireland {United Kingdom Generally Accep18d Accountlng Practlce). In our QFrfnron, th• finanaal tem¢rts: give a true and far vtew of the stste of the dwntable compan$ affairs a$ at 31 December 2023 and of Ils IrOming resowces and application of resowces. f the Ye then ernled: have been propwty prepared in aCClan UThied Kingd Generally Accepted Accounting Praclkx,. and have b8en prepargj in nce with the wewirenvts of ts C(rfnpaThe5 121>J6. Basis for opinlon We ndUCted our audit in aceordarte with Ierr1 &and¥ds on Aji11rj {UKI {ISAs {UKI) applicable law. Our responsibilities under those sLwKlards are further debed in the Auditorfs respon&bilibes for the audit ol the financol slalements section of our repxjt We tre indeperhyenl of the thanty m accordance with the ethical requirements that are levant to our audrt of the f¥b8naal statements in the UK. including the FRC'S Ethical Standard. and we have fvlfdled our other ethKal responsikn"lib"es in 8•xordance wlh tr qLorents. Vle believe that Ihe audrt evidence we have obtained is wfficnl akyoprote io promde a basis for our opinion. Conclusions relating to going concem In dIting the ffinanci statements, we have that the TnBtees' use of the gwg concem basis of accountmg in prepar'on of the finarKial Statnents is aFviwate. Based the work we have perform8d, ¥ra have not identifi8d material c1n1[aS relating to 8V8nts coThJitions that, irKlividually or Colltlety. may cast significant thbt on Ihe rInty'S alIty to continue as a gomg coreM for a period of al lea$t tsvelve months from the finaneial $lalements are arthorised for issue. QLty 8p¢)bAll1eS and the resp0nstilil ol the trustees tylh respect to concem are des¢yA)èd in thé levant sedons of trws report. Century House 40 Creseent Bosirth Patk LISBVRN r28 2CN X9Alfred Street BEiFkST BTr 8EQ DXJ910 NRBe]fastS0 10- R7M2nde¥rylleSlreet PORTAtK)WN BT6?3PB Tel: +4410)28 90311113 F. +44 (0)28 9¢YJI 07n Tel: +441oh892&) TAS5 Fax: +44(01289260 1656 Td: ,4410)28 38332801 '44(0)2838 0293
CARRICKFERGUS EKfERPRISE INDEPENDENT AUDITOR'S REPORT (coKllNUED) TO THE MEMBERS OF CARRICKFERGUS ENTERPRISE Othor Infomiation The other informth'on comprises the infomation induded in the annual report other than the finarrial Blalemenl8 and ow atditorfs report ther80n. Th8 trustees are responsible for the othw infomation contained within the annual report. Our opinicffl on Ihg ffinwKial Statents does not cover the Otr infcwmation d. except lo the èxtent olheThM$e expliciuy slated in wr reporL we do rv)t express any fcffii of asSure cfficlusion thereon. Our responsibility is to read the ¢Xher in1tIon aNI. in thng so, consider whther the other infomiation is m81erialty inconsistent with the financial sW8ments or wr knedge obtw'ned in the c4)ur8e of the audi( or otheN4ise appeals to bè materialty mi$slated. If we identify material inconsistencies or apparent material misstatements. we are required lo determine whether this gNes rise to a material misstatemgnl in Ihe financial statements themselves. If. based on the work we have p8rfcrfmed, w8 ccffidude that there is a malw1 misstatement of this other infomion. we are required to rewt that fact. È have nothing io report this regar(l. Oplnlons on other matters prescrfbed by Ihe Companlos Act 2006 In our opinion, based on the Wrk uThJwtsken in the course of ow aLMJ the Informati given in the Tntstee$' rep( ts the fina41 year for fjnarKo1 statements are prepare(J. which indudes the rep(Kt wep¥ed for the plupw of cirfnpany Iww, 1$ consislenl wth the financial statements,. and the dreclors, repwrt irKluded thil¥n the Trvstees, repxi has been t¥epared in accordane• wlh applcable18gal requirements. Matters on which w• ar• requir•d to r•port by exc•ption In the light of the knowledge aThJ LnderslaThJing of the ctwty and rts environment obtained in th8 course of the audit, we have not id8ntified material misststements in Ihe thre¢t8, report irhJded within the TNstees' t. have Th)tNng to report Ni respect ofthe foW fflattern in relaicm to the Comp185 Act 2008 requwes us to report lo you if, in our opin.. adequate accounting records have ncl bew kert ty retwns adewate for thjr autht have not bèen re¢eiv6d frcrfn branches not visite(l ty us: the ffinarKial 5talemenl$ are auyeement wTrth the xcourtir¥J rec£ffds and retwns" or certa"n ith"sc105ure5 oltru51ees' remuneration 5peafied by law are noi made: or we have not received all the inftymalion and explanations ¥ rewire for our au(lit: or the trustees were ncl entitted lo prepare th8 finan(i sLements in accordarKe with the small compan$ imo arKI take advantag8 of the small compaThes' wemptws in prew1 the Tru*ees' report and from the requirement to wepare a $trategi¢ repc 11
CARRICKFERGUS EpifERPRISE INDEPENDEKf AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF CARRICKFERGUS ENTERPRISE Rwonslbllltl•g of trustw As explairnd Mc8 fulty in the slatement of Trustees. responsiblties. the trwslees. who are also the directors of the charty for the purpose of companylow. are resFongble lor the Yeparatil of the financial statements aNI for being satisfied that they gNe 8 true antl fair view, and lor SLKh Irtemal control as the trusleeg detemiine ts necessary enable the preparation of financial slatwnents that are free from material misstalemenl. ether due lo fraud or error. In preparing Ihe finarwial stalgmenls, the In189$ are responsible for assessing the charTty's abilty to continue as a gThng concem, dtsdosir#J, as applicable. matters fdated to wing concem using the wing concem basis of accounlirwJ unless the trustees either itend to IKiuidate the charitable CoMpY or lo c£ase opera"on$. OT hav8 Th) r8alisbc ahemative but to do so. Auditorfs rosponsibilities for th• audit of thè fina1•1 stat•mgnts Our objectives are lo obtain reasonable assurance at¥xrt vhietsr the financial statements as a whole are free ftom material misslatement. whether e to fraud or error. K1 to llue an auditorfs report that includes our opmion. Reasonable assLYance is a high level of asswance bjl is rnt a gurntee that an audit conducted in acCdnee wth ISAS IUKI vthll aws deled a materi nKslanl rt exists. Misst81ements can artse from frasjj or error and are considered Merial rf, indmdually or In the agwate. they cOd reasonably be expected lo inffluen¢e the economic decigons of usws tsken on the ba5 of fd81 Statlents. The extent to vthich our woeedures are capaNe of det&*vJ ffregukrilies. iljdIng fraJ. is detailed belryw. 12-
CARRICKFERGUS ENTERPRISE INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF CARRICKFERGUS EKfERPRISE Ext•nt to whlch th• aud(t consid•r•d capabl• of d•t•cting Irr•gularftS05. Indudlng fraud Vve identify and assess the risks of material misslatgmenl of the fanal statements. whether ¢Je to fraud OT error. and then deS3n and perforni aLKlit procedures responsive to ttrb)se risks. indLKlirvJ obtaining evid8nc8 that IS sufficient and apwopriale lo provide a basis 4Xff CVW1i(. In identifying and assessirwJ potential risks of material misstatemenl w) respect of wregularitie4 iThJudiny fraud and non-compliances vilh lavr4 and regLlatior. fcAI¢w'NJ: . The naluro of the irKlusty and SectC, contrd envirorwnent and bursS perf(Kmarte. induding the company's renwneration pcliae$ for direckns. tu9 levels and perfomance tsruts, rf any.. . Results ol our enquiries of man•31 about their cmn hjont1On assessm1 of the risks of Irregul8riiies.' . Any mattets we identified haviry obta#j and revie1 the Comp.$ documenlalion of ther policies aTh pr<Jcedures relatiTrJ to: . Iderwfying, evaluating arKI Ctyn9 with and rewlati0Ths aThJ wthelher ttw awoTe of any instance of no[K41ce. . Detecting WKI reswnding to the risks of fraj aTrJ theltw they have knty4¥1edge of Y o¢tu8l. suspeded or alleged fraKI', and . The intemal controls establ$h to miwe risks of fraud or nOrCoMpl wilh laws and regulations: . The matters discussed a)wng the a11 wuageMt team regar(Ing hN aThJ wh8re fraud mi1 occur in the financlal stalemenls Wential in(kLYs offraKI. As a result of these procedwes. we ¢dered the 0PFUryknes * inntly8S that may 8st wrfhin the CApanY fraud and identified the greatest Wenlial ts frwd in revenue recwition and property valuation. In ¢cthmon th 811 audits der ISAS {UKI, we are also reqLMred to perform specific procedures lo respond to the risk of managemenl override. also obtained an understanding of the legal KI regulat framewcks that the company owrales in. f¢)cusing on provisiorts of those laws and regallonS that had a direct effect on the determination of material amoLnts and disdosure$ in the finala1 stalemenls. The key aThJ retiCts considered this ccffllext included the CompaniesAct 20. and kjcal tax legislation. In addltion. we considered provisions of other Im regulalK)ns tt)al do not have a ithrect efft on the financial statements bul compliance ith whvth may be fundarrntal to the company's ability lo operate or lo awid a material penay. 13-
CARRICKFERGUS ENTERPRISE INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF CARRICKFERGUS ENTERPRISE Audlt rnsponse to rlsks Identlfi Our pr¢dureS to wpcrt to the risks Kl#rttheil IrKI Reviewing the finanaal statement disdosures arKI lestw to 54PPOrting documentan lo assess ¢omplian¢e w0vir of levant law? aNI rewjaliorts des¢ribed a$ having a direcl effect on the financial statements.. . Enquiring of management a1 ltyation and clalms: . PerfomiiTrJ analyb'cal vOCe$ to Ide or wXpected relalicfflships Ihal may indicate risks of mrial misslalement due to fra. . ReJing nynules crf meetings of those ith go¥emm and reviwhryng COTres&w¢dence wlh tax authoriiies.. and . In addressirvj risk of fratbj Ilwh ovlde of crxthls, te51ing Ihe appropTialeness of journal entries and other adItMents. assessyu %th8ther th8 jLJgements made in making accountsng estimates are WKlicalive of a pOlia1 bia5.' WKI aluatIng Ihe busi$5 rationale of any signifiwt transaclions that we unLMwI or ouiside the rKKmal ccw¥e of busirEss. We also ¢ommunicattd relevant •jIled Lavrts aKI reYa0n9 and potentral tra risks to all ènpgemenl ièam members arKI rernair rt lo any iThJi¢aliM$ (qfraLKI ¢¢ 7hith l*ws and wlati9 throU7t the audit. ng lo t inherent limitati'ons of an audit Ihere is an unavoidaNe risk we may not have detected some material mlsstatemenls in the financial statemw)ts. even we have properly planned and performed ow audlt in accordance auditing stsndard5. In addth)n. as V•rth any a11. Ihere remains a higher risk of non4etecthon of irregLdarities. 8S they may invofve cts1u0n. fNgery. wrtentional omissions, misrepre8entalns, or override of intemal conlrds. We are not respsible for weMting not be exFeCted to detect non compliance wth all laws and regL48tions. 14-
CARRICKFERGUS ENTERPRISE INDEPENDENT AUDITORB REPORT (COPrnNUEDI TO THÉ MEMBERS OF CARRICKFERGUS EPtrERPRISE Use of our report TIMS report 15 made sdety lo the charitable ccrfnpas mnb. as a tody. in wilh Chapter 3 of Part 16 of the Companies A¢t 20CO. Our audil work ha5 been wbjertaken so thal we mighl stale to the charrt*Je company's members those matters we are rewired to state to Ihem in an authtorfs rewrt and for no other purpose To the fullest extent permitted by law. w8 do t accept or assume reSpOnsi)"ty to anyfme other than the charitable CoMY and the charitable Company's meml)ers as a iKMJy, our wdit work, for this rep)rt. or forlhe opinions we have formed. Mr Migel FCA IS•nior StatuioryAudltorl for and ¢)n b•hall of GMeG BELFAST Charter•d Ac¢ouThtants statOry Audltor CharteredAc£0tsrts & Statutory Auditor 19AWred Street Belfast BT2 8EQ 15.