INDEPENDENT AUDrroRS' REPORT TO THE MEMBERS OF GREEN PASTURES, THE PEOPLE'S CHIJRCH AND SUBSIDIARY COMPANIES Opinion We have audited the financial statements of Green Pastures, The People's Church (The Pent Charitable Company) and its gubsidiaries (The Group) for the year ended 31 August 2023. which comprise the Statement of Financial Activities. Balance Sheet. Cash Flow Statement and notes to the financial statements, itlcluditig a SLLmmary of signifIcallt accounting policies. The financial reporting framework that has been applied in their preparation 15 applicable law and United Kingdom Accounting Standards. including Financial R¢portin£ Standard 102 The Finat)cial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom GeneraIly Accepted Accounting Prdctice)- (Cbarities SORP {FRS102)). In our opinion the financial statements.. give a true and fair view of Ihe state of the Group's and Pareni ChaTitable Company's affairs as at 31. August 2023 atld of its in¢oming resources and their appliClon for the period then ended. have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice. and have been prepared in accordance with the requirements of the Companies Act 2006. Basis for opinion W¢ conducted our audit in a¢cordance with Internatlonal Standards on Auditing (UK) (ISAS (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the Group and Parent Company in accordance with the ethical requirements that are rel¢vanl to our audit of the financial statements in the UK, including the FRC'S Ethical Standard, and we have fvlfilled our other ethical responsibilities in accordance with these requirements. We believe th&t the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going concern In auditing the financial statements, we have concluded that the directors. use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have perfonned, we have noi identified any material uncertainties relating 10 events or conditions that, individually or collectively. may casi significant doubt on the group and pareIit company's ability lo ¢onÉinue as a going oncern for a period of at least twelve months from when the finan¥ial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going cnncern are described in the relevant sections of this report. Other informatiou The directors are responsible for the other information. The other infornialion comprises the inforniation included in the annual report, other than the financial statements and our auditor's report Ihereon. Our opinion on the financial statements does not rover the other infomation and, except to the extent otherwise explicitly ststed in our report, we do not cxprcss any foim of assurance ¢on¢lusion thereon. In connection with our audit of the financial atementS, our responsibility is to read the other information and. in doing so, consider whcthcr the othei illforniation is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially mi5Stated. If we identify such material inconsistenci¢5 or appareJ)t rnaterial misstatements, we are required to detemiine whether there is a material mi55iatcment in the fin3n¢ial statements or a material misstatement of the other information. If, based on the work we have perfornied. we conclude that there is a material ll)iS5taternent of this other information, we are rcquired to report that fact. We have nothing to report in this regard.
INDEPENDENT ALFDITORS, REPORT TO THE MELKBERS OF GREEN PASTURES, THE PEOPLE'S CHURCH AND SUBSIDIARY COMPANIES (continued) Opinions on other matters prescribed by the Companies Act 2006 In our opinion, based on the work undertsken in the course of the audit: the information given in the Directors. report (incorporating the strategic report) for the financial period for which the financial statements are prepared is consistent with the financial statements; and the Directors. report has been prepared in accordance with applicable legal requirements. Matters on which we 2re required to report by exception In the light ot the knowledge and understanding of the Group and the Parent Company and its environment obtsined in the course of ihe audit, we have not identified material misstatements in ihe directors, report. We have nothing to report in Tespect of the following matters in relalion to which the Companles Act 2006 requires us to report to you if, in our opinion: adequate accounting records have not been kept by the Pareni Company. or returns adequate for OUT audit have not been received from brdnches not visited by us. or the Parent Cojnpany financial statements are not in agreement with the accounting records and returns. or certain dis¢losur¢s of Directors, remuneration specified by18w are not made. or we have not received all the information and explanations we require for our audit: or the directors were not entitled to prepare the financial statements in 8ecordance with the small companies regime and lake advantage of the small companies, exemptions in preparing ihe director's report and from the requirement to prepare a strategic report. Responsibilities of directorsltrustees As explained more fully in the directors, responsibililies statement (sel out on pages 2 to 7). the directors (who are also the trustees of the chariiable company) are rcsponsiblc for the preparation of Ihc financial sialements and for being satisfied that they give a true and fair view. and for 5u¢h internal Control as the dir¢¢lors deiemine is necessary lo enable the preparation of financial statements that are free from malerial misstatement, whether due to fraud or error. In preparing the financial statements, the directors are responsible for assessing the Group'5 and the Parent Company's ability to continue as a going ¢on¢ern, disclosing, as applicable, matters relaied lo going concern and using the going ¢oncern basis of accounting unless the directors either intend to liquidate the Group or Parent Cornpany or to cease operations. or have no realistic alternative but to do so. Auditor's responsibiliti for the audit of the fancIal statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error. and lo issue an auditor's report that in¢ludes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always deiecl a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the agEregate, they ¢ould reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. As part of an audit in accordance with ISAS (UK). we exercise professional judgment and maintain profrssional scepticism throughout the audit. W¢ also: Identify and assess the risks of material misstatement of the financial statements, whether due to fravd or eor, design and perform audit procedures responsive to those risks. and obtain audit evidence that is sutTicient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery. intentional omissions, misrepresentations, or the override of internal control. Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances. but not for the purpose of expressing an opinion on the effectiveness of the Group's tnternal control.
ItYDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF GREEN PASTiiRES, THE PEOPLE'S CHURCH AND SUBSIDIARY COMPANIES (continued) Auditor's respollsibilities for the audit of the financial statements (continued) Evaluate the appropriateness of accounting policies used and the reasonableness of accounting es¢imat¢s and related disclosures made by the directors. Conclude on the appropriateness of the directors. use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditlDns that may cast significant doubt on the Group's or the Parent Company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to ttle related discloswes in the financi&l statemenis or. if such disclosuTes are inadequate. to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the Group or Parent Company lo cease to continue as a going concern. Evaluate the overall presentalion, structure and content of the financial stalements. including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner tha1 achieves fair presentatioll. Obi&in sufficient appropriate audit evidence regarding the financial information ofthe entities or business activities within the group to express an opinion on ihe consolidated financial stat¢ments. We are responsible for the direction. supervision and peTforniance of the gTOUP audit. We remain solely responsible for our &udit opinion. We cornmunicale with those charged with governance regarding, among other matters. Ihe planned scope and timing of the audit and significant audit findings, including any signifi¢anl deficiencies in inlernal control that we identify during our audit. Use of our r¢port This report is made solely 10 the ¢ompany's members. as a body, in accordance with Chap1er 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we mighi state to the Company's members those mattcrs we are required to state 10 them in an auditor's report and for no other purpose. To the fullest extent perniitted by law, we do not accept or assume responsibility lo anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed. Peter Steven50n (Senior Statutory Auditor) For and on behalf of.. Stev¢nson and Wilson Ch8rt¢red A¢¢ountanls. Statutory Auditor 22 - 30 Broadway Avenuc Ballymena B'I'43 7L4 23rd April 2024 io