The Halifax Foundation for Northern Ireland
Independent auditor's report to the members of The Halifax Foundation for
Northern Ireland
Report on the audit of Ihc financial statements
Opinlon
In our opinion the financial 5tatement5 of The Halifax Foundation for Northern Irelatml {the 'charitable company,)..
give a true and fair view of the State of the charithble Company's affairs as at 31 December 2022 and of its incoming
reSoUr￿S and application of resources. including its income and expenditure. for ihe year then ended-
have been properly prepared in accordance with Ilnited Kingdom Generally Accepted Accounting Practice, including
Financial Reporting Standard 102 'Thc Financial Reporting Standard applicable in the UK and Rcpublic of Ireland,;
and
have been prepared in accordance with Ihe r¢quirements of the Companies Act 2006.
We hav¢ audited the financial siaiements. which comprise..
the 5tat¢men¢ of financial a¢livilies
the balance sheet
the statement of cash fluws; and
the related notes 110 19.
The financial reporting ITameivoTk that has been applied IN their p￿paratIon is applicable law and Llnited Kingdom Accounting
Siandards, incliiding Finaii¢i?( l Reporting Standard 10? '1'he l-. i11a￿la1 Keporting? Staiiliard applilable in ihe Uji and Republic of
Ireland. IlJnil¢d King>dom Generally Accepted AccouiilingT Practice).
Basis for opinlon
le conducted OUT audit in accordance with Intemaii()i)al Standards on Auditing (Uk) I ISAS IUKII and appliLable law. Our
responsibiliiies under those staiidards are further describL.d in the auditor's respoi)sibiliti¢s for lh¢ gudii ()rthe fiiiancial statements
ction of our report.
We are independent of th¢ charitable ¢ompanJ' in a¢¢ordance with the ethical requirements that are relevant lo our audil of the
rinai)Lial stat¢meiils in ¢h¢ ljk. in¢ludinb> the Finaii¢ial Rewrtinuy CouiiLil's Iihe 'FRC's' I f.(liical s￿ndur￿, and w¢ h<ive fulfilled
OUT Othcr cthical r¢5pon8ibilities in accordance with Ihest requirements. We believe ihal the E4udit eviden¢e we have obtained is
siifticienl And appropriate lo provide a b1( sis for OUT opini(M.
Conclusions relating lo going Concern
In auditing the financial statemenis, we have ¢on¢luded that the Tmstees, use of the going concern basis of accounting in the
pr¢para¢iLin of lh¢ financial slatements is appropriate.
Based on the work w'e have perfornied we have n()i id¢niified any rnaierial uncertainties Te11£ ting to events or condition5 that,
individually or collectively, illay cast si¥nificant doubt on th¢ charitable ¢ompany's ability lo continue as a going conceni for a
p¢riod of a¢ l¢as¢ 12 nionihs fron) when ihe financial statements aJe authoTiscd for issue.
Our responsibilitie5 and the responsibilities of the Trustees wilh reqpeci to going concem are descritrtd in the relevani sections
of this report.
Other information
The other inlormalioii compriscs thc infonnation included iii (he annual report, oiher than the financial slatement5 and our
auditor s report thereon. The Trustees are resExinsible for the other information contained within the annual report. Our opinion
on the financial ststeTnents does noi cover the oiher intomiaiion and. except to the extent otherwise explicitly stated in our report,
wc do nol ¢XPTe55 any fomi of assuran¢¢ ¢onclusion ihereon.
Our responsibility is lo read the other infotination and, in doing so, consider wheihei the oih¢r infomiation is materially
inconsistent wilh the financial statements. or our knoiiledge obtained in the Course of the audit. or Other￿lse appears to be
material ly misstated. If we identify such material inconsisten¢i¢s or apparent material miss(alements, we are required to

The Halifax Foundation for Northern Ireland
Independent auditor's report to the members of The Halifax Foundation for
Northern Ireland (Continued)
Otber illform4tlon {¢ontlnued)
d¢l¢miine wheiher this gives rise to a maierial missiatement in the financial statements themselves. If. based on the work we
have perfonned, we conclude ihat there is a malerial misstst¢m¢ni of this other information, we are required to report that fact.
We have nothing to rew)rt in this regard.
Re5POJ15ibilitie5 of Trustees
As explained more fully in the slaiemenl of trusiees, responsibilities,, the Trustee5 (who are also the Directors of the charitable
company for ihe purpose of ¢on)pan)' lawl are rcspon5iblc foT thc prcparation of the financial statements and for beiiig satisfied
th£lt the> give a true and fair view, and for such internal control ag the Trusi¢es determine is necessary to enable the preparation
of financial statements that are free from maleTial misstai¢)n¢nt. wherher due lo ftayd or error.
In pr¢pgring ¢he finaiicial statcii)en¢5, the Trustees arc responsible for assessing the chariL1ble conip?£ n) s ability to ¢oniinu¢ as a
going ¢on¢¢rn, dis¢l04ing. as applicable, matlers related to going concern and Lising the going CLMcern basis of accounting iinless
the Trttstees ¢iiher ini¢nd lo liquidale ihe chariiable company OT io cease o￿r<It10ns. or have iio realistic alternative but io do so.
Auditor's responsibilities for the Audit of Ihe fin8n¢lnl $talemeNts
Our objcctive5 arc to obtain reasonable assuraiice about ￿h¢ther the financial stal¢n)¢nis a5 a whulc are ITec fruin iiialerial
misStat¢n)ent, whcther duc to fraud orerror, and to issuc an auditor's report thai ii)cludes oiir opinioii. R¢a5011ablc assuraiice is a
higTh level of assi1r￿£ ce bul is not gvuaraniee thai an audii conducicd in accordancc ivith ISAS (UK} will alw'.i)'s delecl a material
niisstatenienl wheii il exi514. Misslaleinents can aris¢ fri)m Iraud or error and are ¢()nsidcred material it-. individiially or in the
Abuire&?alL, thcj. could rLasoiiably [￿ LX￿c1Ld ¢0 influ¢n¢e lh¢ ¢Ltsnon)ii deLision5 of users tak'ei) oli tlie basi5 of these finaiicial
statements.
A further description of our r¢sponsibilili¢s for the audit of the finanLial statements is localed on ihe FR("s website al..
www.frc.or
y uklaudilorsres
onsibilities. This description fonns part of OUT auditor s report.
Extent to whleh the 8udll w8s ¢on$ldered capable of dettttlng Irregularltle5, including fraud
Irreglilarities, incliiding fraud. are instances of non-¢ompliance w'ith laws and regulations. We desigFn procediires in line with
our respon5ibililies. QLiilined above. to detect material misstatements in r¢spe¢t ot 1￿C¥U1a￿lie5. incliiding fri?Lid. 'I'he extent to
hich OUT prucedure5 are capable of detecting irregularities, in¢ludin¥ fraud is detailed below.
We c(nsidered the natuJT of the charitable Company's industy and ils control environment, and reviewed the charitable
company's documeiilation of their policies and procedures relaiin&J tu fraud and c()mpliance with laws and Tegulalions. We also
enqllircd of manabT¢ii)¢nt and Trust¢¢s abvul th¢ir uwn id¢iitificatioi) and asse5511)eiit of the risks of irregularities, including
those that are specific to the charitable company's business se¢tor.
We obiained an undeTsianding of the legal and regulatory framework thal th¢ ¢harithbl¢ Company operates in, and identified the
key Inws and regulations that..
had a direcl effect on ihe deterniinaiion of material amounts and dis¢losur¢s in the financial statements. These included
Charities Act {Northern Ireland) and UK Coinpdnies Act; and
did Iiot have <1 direct effec¢ on tl)e f￿ancial statements but compliance wi¢h which may be fundamental to the charitable
coi)Ipany's abi lity to orerate or to avoid a material penalty.
We disciissed among the audit engagement team regarding the opportunities and incentives that may exist within the organisation
for fraud and how and wh¢re fraud might occur in the financial statemellts.

The Halifax Foundation for Northern Ireland
Independent auditor's report to the members of The Halifax Foundation for
Northern Ireland (continued)
Extent to which the gudit was considered cApable of detecting irregularities, including fr&ud (contirtued)
As a r¢sult of perfomiing the a￿Ve, we identified the greatest potential for fraud or non-compliance with law5 and rcgulations
in the fdlowing area. and our specific procethires performed to addres% it are described klow-
w¢ identified a risk related io application of grant expenditure in line with charitable objectives, and the CO￿eCt
recognition of liabilities in respect of grant expenditure. We have addressed thi5 Tisk by selecting a sample of grants
r¢¢ognised in the year and reviewing the grani agreements. Board minutes, cash payments and related infonMation lo
understand the purpose of ihe granl. any conditions present in order to ascertain the correct level of eX￿ndItUre and
related liability to recognise.
In common with all audits Linder ISAS IIJKI, we aTe also required to peTfomi specific PTo¢edures lo respond to the risk of
mana&?ement overTide. In addressing? Ihe risk of fraud ihrouuih manakiement override ofconirols. we lesled the appropriateness of
juurnal ¢i)lri¢s and oiher adjus¢ii)ci)ts,' assLss¢d wh¥thLr (hL judbJLniLnts IiiadL in niakingi accountingi esiin)ales are iiidicalivc of a
poienlial bias. and ¢valuated the business rationale of any significant transactions that are unusual or outside the nornial course
of business.
In addition ta tlie aFM)ve. oiir procedures to Tespond lo the risks identified i￿luded ilie following..
r¢viei¥in&) liiiancial staleiiient disclosiires b). lesting to suppurting ducumeniaiion lu assess compliance wilh provisioi)s of
relevant laws and reLTulaiii)ns described a% havin¥ a direLt elyeci on the financial siaiemenls;
perforniing analytical procedlires lo identify any unusual or unexpe¢ted relationships thal ma}, indicate risks of material
mlsslatement diie to fraud;
enqLiiring c)f maniigernent concerning actual and potential litigation and claim& and instances of non-compl lance with laws
and Tegulations; aiid
redding minutes of meetings of those charged with govemance and reviewing any COTrespondei￿C with tlie Charity
Commission of Northern Ir¢land.
Report on oiher legal regulAtory requlrements
Opinlons on other rnatters prescribed by the CompAnies Act 21106
In our opinion, based on the work undertaken in ihe course of the audit..
lh¢ infomaiion given in the Triisiees, repori, which in¢ludes the Directors, report prepared for the p￿r￿SeS of company
law lor the linancial Jear fi)T which the financial siatenienls are prepared is consi%tent with the financial sL1tements.' and
the Directc>rs' report incllided within the Truslees, report has been prepared in accordance w'ith applicable legal
reqiiirements.
In the light of the knowledge and understanding of the charitable company and its environment o￿ained in the course of the
aLidit, we have noi identified any material misstatemenls in the Directors, repori included wqthin the Trustees, rewrt.
Matter5 on whicb we are required to rewrl by exception
Under th¢ Companies Act 2DOfi we are required to report in respect of the folloiving matters if. in our opinion..
adequate accounting records have not been kept, or Teturns adequate for OUT audit have not been Teceived from brJn¢hes
not visited by us- or
Ihc financial 51ktements are not in agreement with th¢ aCeQLintin&J records and rdurns; or
certain disclosures of Trustees, remuneration specified by law are not made,. or
¢ have not received all the infom)ation and explai)ations ￿e reqLiire for our audit. or
the TNstees were not ciititl¢d to tak¢ advantage of ihc small companies excn)ption from the Tcquircm¢n¢ to picpare a
siralegic repo
We have nothing to report in respect of these matters.

The HalifAx Foundatlon for Northern Ireland
Independent auditor's report to the members of The Halifax Foundation for
Northern Ireland (continued)
Use of our report
This r¢port is mad¢ solely io the charitable company's men)bers, as a b￿y, in attordan¢¢ with Chapter 3 of Part 16 of the
Conipanies Act 2006. Our audit Work has bcen undertaken so that we might state to the charitable company'5 members those
matters we are required to state io ihem in an audiior's report and for no other purpose. 'fo the fulle￿ exteni pemiilled by law,
we do noi aLcept or assume responsibiliiy io anyone oiher than the charitable company and the charithble company's members
as a body. for our audit work, for this report. or for opinion5 we hav¢ formed.
CrAig Wisdom FC'A (Senior stAtutory 8uditor)
F()r Ind on behalf of Deloiite LLP
Si¥lulory Audltor
St AlbAns, United Kingdom
12 June 2023