Solas Trust
Company Ilmlted by guarantee
Report to the board ot directors on the preparation ol the
unaudited stslulory financial statements of Solas Trust
Year ended 30 April 2023
In order to assist you to fulfil your duties under the Companies Acl 2006, 1 have prepared for your approval the
financial statements of Solas Trust for the year ended 30 April 2023 which comprise the statement of
comprehensive income, statement of financial position and related noles from the companvs accounting
records and from information and explanalions you have given me.
As a practising member of Charlered Accounlants Ireland . l am subject to its elhical and other professional
requirements which are detailed at vpMv.charteredaccountants.ie.
This report is made solely to the board of directors of Solas Trust. as a body, in accordance with Ihe terms of
my engagement letter. My work has been undertaken solely to prepare for your approval the financial
statemenls of Solas Trust and stale those matters Ihal we have agTeed lo stale lo the board ol directors of
Solas Trust as a body, in Ihis report in accordance wilh the requiremenls of Charlered Accountants Ireland as
detailed at www.charteredaccounlants.ie. To Ihe fullesl extent permitted by law, I do not accept or assume
responsibility to anyone other than Solas Trust and ils board of directors as a body for my work or for this
report.
It is your duty to ensure that Solas Trusl has kept adequate accounting records and to prepare slatutory
financial stalements that give a true and fair view of the assels, liabilities, financial position and profit of Solas
Trust. You consider that Solas Trust is exempi from the statutory audit requirement for the year.
I have nol been inslructed to carry out an audit or a review of the financial statements of Solas Trust. For this
reason, I have not verified the accuracy or completeness of the accounting records or informalion and
explanations you have given lo me and I do nol. therefore. express any opinion on the statutory financial
statements.
Eamonn P. McGrady & Co.
Chartered Accountanls & Registered Auditors
21 a Market Street
Downpatrick
Co Down
BT30 6LP
18 October 2023
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