TinyLife (A company limited by guarantee) Annual report and financial statements for the year ended 31 March 2024 Charity Registration Number: NIC 101869 Company Reglstration Number; Nl 037799 TinyLife (A company Ilmlted by guarantee) FlnaDcial Statements Year Ended 31 March 2024 Contents Pages Chariiy Reference Number and Administrative Details TNstees' Annual Report (Including Directors. Rq)ort and Siralegic Report) 2-10 Independent auditors, report Statement of Financial Activities (including summary incom¢ and expenditure account) l7 Balance sheet 18 Statement of Cash Flows 19 Notes to the financial statements 20-38 TinyLife (A company Ilmited by guarantee) Cbarity Reference And AdmiDistrative Detalls Year Ended 31" March 2024 Charity Registration Number Ntc 101869 Company Registration Numb¥Y Nl 037799 President Trustees A Elliott L McKeaveney - Chairperson S L McKay Treasurer C Faraday M McGowan C Creagh E McEneaney C Humston C Mcveigh V Craig B Boyle Chief Executive Officer J Morgan Regist¢r¢d OtTic¢ Unit A5, 17 Heron Road Belfast BT3 9LE Auditor GMCG BELFAST Chartered Accountants & Statutory Auditor Alfred House 19 Alfred Street Belfast BT2 8EQ Solicitor Worthington Solicitors 21 Oxford Street Belfast BTI 3LA Bankers Danskc Bank Donegall Square West Belfast BTI 6JS TinyLife (A company limlted by guarantee) REPORT OF THE DIRECTORS FOR THE YEAR ENDED 31 MARCH 2024 TinyLife is Northern Ireland's premature and vulnerable baby charity. dedicated to r¢du¢ing premature birtlL illness, disability and death in babies. The directors present their report and the audited financial statements of the charity for the y¢ar ended 3151 March 2024. The trustees have adopted thc provisions of the Slatement of Recommended Practice (SORP) "Accounting and Rq)orting by Charities" {FRS 102) in preparing the annual report and financial statements of the charity. The financial statements have been prepared in accordance with the accounting policies set out in notes to the financial statctnents and comply with the charity's governing document, the Charities Act (Northern Ircland) 2008, Charities Act (Northem Ireland) 2013, The Charitics (Accounts and Reports) Regulations (North¢rn Ireland) 2015, Companies Act 2006 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing iheir accounts in accordance with the Financial Repoiling Standard applicable in the UK and Republic of Ireland SORP 2019 (FRS 102). TRUSTEES OF THE CEL4RITY The directors of the charitable company are its trustees for the pury)oses of charity law. The tenns "director" and "trustee" are used interchangeably throughout the financial statements. The trustees who have served during the year were as follows: A Elliott S L McKay - Treasurer S Nurse - resigned 23 January 2024 K Craig - resigned 22nd August 2023 A L Bartlett - resigned 24th April 2023 L McKeaveney - Chairperson M McGowan C Faraday C Creagh E McEneaney C Humston C Mcveigh - appointed 24 April 2023 V Craig and B Boyle weff appointed as trLLStecs on 5 August 2024. PUBLIC BENEFIT STATEMENT The Board of TinyLife confimi that they have had due regard for the guidanc¢ produced on public benefit by the Charity Commission for Northern Ireland and are pleased to report that during the year the charitable company has continued lo provide public benefits through thc programmes and services we offer. In particular, the directors consider how planned activitics will contribute to the aims and objectives they have set out. TinyLife (A company limited by guarantee) REPORT OF THE DIRECTORS FOR THE YEAR ENDED 31 MARCH 2024 (Continued) OBJECTIVES AND A￿[VITIEs The Charity's objectives are specifically reslricted io adVanC￿￿ent of healih or saving of lives and advancement of education to reduce premature birth, illness. disability and death in babies born in Northern Ireland and include the following:_ provision of a rang¢ of support services offering practical support, infonnation, advice, emotional and social support and comfort and a befriending service to parents, families and carers including home and hospital based support and parent support groups provision of training and infom]ation for health professionals concerned with the needs of premature or sick babies and their families; provision of fvnding for research and conducting research to promote and develop understanding and disseminate knowledge of.. • illness, disabilily and causes of prematurity in babies; medical problems affecling pregnanl women: effecl of ihese problems on family and carers. and ultimately. being, committed to increasing survival rates, improving quality of life and quality of care for premalure babie5. and provision of tailored awareness programmes such as presentations, healih education workshops and inforniation leaflets for the benefit of the wider public including both schools and community groups to increase awareness of infant prematurity and its effects on family as well as the importance of healthy lifestyle choices for pregnant women. STIL4TEGIC REPORT Structure? governance and management TinyLife is a charitable company limited by guarantee and does not have a share capital. It is governed by a Memorandum and Articles of Association and the liability of each member is limited to an amount not exceeding £ l. The Articles of Association provide that the number of directors shall not be less than six and shall at all times comprise not less than ihrce in number from relevant hcalth care professions. Each director appK)inted to the board retires ¢v¢ry thr¢¢ years bul can offer themselves for re-election. Directors are appointed by nominations by any existing director. New directors are bri¢f¢d by the Clll'ef Executive and the Chaim]an of the board on their legal obligations and receive a handbook which includes the rol¢ of trustees and the skills set of board members. A trustee may not appoint an aliernale trustee or anyone on his or her behalf at meetings of the Irustees. Truslees are encouraged to attend appropriate external training events. The Chief Fxccutive carries out the day-to-day managcmcnt of the Lharity and has delegated auihoriiy for operational matters including finance and staffing. The direclors manage all other business decisions and meel on a quarterly basis. TinyLife (A Company limited by guarantee) REPORT OF THE DIRECTORS FOR THE YEAR ENDED 31 MARCH 2024 (Continued) Rlsk management The directors have overall responsibility for ensuring that the charity has in place an appropriate system of controls, financial and otherwise, to provide reasonable assurance that; the charity is operating efficiently and effectively. its assets are safeguarded against unauthorised use or disposition; proper records are maintained and financial infomiation used within the charity or for publication is reliable. the charity complies with relevant laws and regulations. and the charily's Systems of financial control are designed to provide reasonable, but not absolut¢ assuranc¢ against material misstatement or loss. The major risks, to which the charity is exposed, as identified by the trustees, have been reviewed and syslems have been established to mitigate those risks. Aebievement$ and Performance The 2023 . 24 perf0m￿nCe year has been challenging and rewarding in equal measure for TinyLife. We saw the departur¢ of our esteemed colleague Alison McNulty who provided unwavering leadership as CEO for l O years. Our new CEO, Joanne Morgan, took up post in November 2023. Like most organisations in th¢ sector, we are still dealing with the consequences of Covid. For example, impact on opportunilies to fundraise and on the ways in which we deliver our services. Whilst our fundraising levels have increased, we are yet to reach pre Covid targets. In addition, whilst we are seeing a return to face-to-face support, there 15 Still a need to retain an online presence with the use of Zoom and WhatsApp to deliver alternative fom]s of support. Our Advocacy and Policy work goes from stren￿h to strength with TinyLife represented on all key groups and forums relating io infant and family support. in Northern Ireland and participating in a European network EFCNI. The profile of the organisation continues to expand with significanl ￿wth on Facebook interactions in particular, this i¢mains an important way for us to connect and facilitate our parents in a safe but convenient way. Once again. we need to record our imm¢nse gratitude lo coll¢agues and volunteers throughout the organisation. They have responded to the ongoing challenge of the pandemic magnificently. tirelessly and with great personal sacrifice in ensuring that families continue to receive the support they need. It has been a leam effort, ranging from the colleagues delivering front line support to families, to staff who were flexible to work when needed, to the Board and Senior Management team providing oulstanding leadership in the face of unrelenling pressures. We would like to thank all of those who supported us in whatever way they could this past y¢ar for wiihout it TinyLife would be facing a very different future. This 2023-24 report presents the work of TinyLife over the past year. TinyLife (A company limited by guarantee) REPORT OF THE DIRECTORS FOR THE YEAR ENDED 31 MARCH 2024 (Conllnued) STRATEGIC PLAN Pillar l TiDyLrfe Care - Embed a family centred approach eDgaging with parents in the cocreation process to support premature babies by provldlng relevant responslve servlees. Referrals The relationship that the F9Jmily Support Officer (FSO) builds with both families and professionals is crucial to the number of Teferrals we receive. This year our refe￿alS increased slighily by approximately 10 %, We continue to see the majority of referrals come from families directly, as a result of their interaction wilh a Family Support Officer in a neonatal unit. The remainder come from neonatal and hospital staff demonstrating the importance of our staff being present in a unit to build these relationships. HOSPITAL BASED SERVICES Neonatal Unlts As we emerge from Covid restrictions, our Family Support Hospital vlslt5 have increased by 120/0 and we continue to find creative solutions lo connect wilh parents during times of ward reslriclions due to infection ouibreaks. Breast Pump LoAn Servlee Health professionals and families continued to make referrals to TinyLife for our BreA8t Pump Loa service. 289 loans were processed in ihe reporting year, All pump loans are processed in accordance with PHA Protocols, and we were pleased to receive additional funding from the PHA to support administration costs. COMMUNITY BASED SERVICES We are seeing a renewed interest in engaging in face-to-face activities. Not only does this increase the likelihood of pe¢r-lo-p¢er support and connection, it gives our Family Support Officers an opportunity lo promote the many relevant services offered by TinyLife, leading to a better, mor¢ holistic experience. Parent Support Groups Our Parent Support Groups remain popular, with attendances on a par with previous years. We continue to incory)orat¢ the Five To Thrive modell and are seeing a significant interest in the provision of sensory play as part of sessions. Baby Massage Baby Massage is one of the most popular programmes delivered by TinyLife with over 140 sessions dclivcrcd ovcr the course of the rq)orting year. Baby Massage provides a unique opportunity lo promote bonding and connection and facilitates discussion on all aspects of care for the premature baby. 1 Five to Thrive is a flexible approach that offers learning for practitioners and parents. It Is designed to enhanc8 awareness of the central ingredients for healthy brain development in babies. with five key activlties- Respond, Cuddle, Relax, Play, Talk- described a5 the 'buildiT)g blocks for a healthy brain,. TinyLife (A company limited by guarantee) REPORT OF THE DIRECTORS FOR THE YEAR ENDED 31 MARCH 2024 (Continued) TiDyGym 20 TiDyGym sessions were delivered across the Northem HSC Trust Area. This innovative model is great example of multidisciplinary working between a specialist Physiotherapist, Occupational Therapist and TinyLife Family Support Officer leading to better oulcomes for premature babies and strengthened relationships bdween the professionals and parents who avail of the service. Closed Face Book Community Families told us that the closed Facebook Community has been invaluable and provides opportunities to engagc in peer support which is wider than that of the Tiny Time Groups. Parents are also able to easily engage with other families whose child has a similar condition, or when ihey have had a similar neonatal joumey. With over 900 members this continues to grow and represents an almosi 300/0 increase in membership on the previous year. HOME BASED SERVICE Growing Cblld Program The Growlng Child l TinyStArt Programme is now being fully implemenied with all targets on track. During the reporting year, 149 families were supported in their homes with this evidence-based programme. An evaluation will be undertaken in the next financial year to d¢t¢rniine the impact on families. OTHER SUPPORT PROVIDED In this reporting year we have seen an increase of 350/0 in demand for financial support from our parents. This is due to the impact of the cost of living crisis and increased cost attached io caring for a premature baby. PILLAR 2 - TinyLlfe Advocate - Amplify and be the volce for parents and premature bables to secure change In pollcy and practice. Engagement wlth Governmellt We worked closely with ihe Department of the Economy in relalion to the potential introduction of the Neonatal Care (Leave and Pay) Act which has already been introduced in England. With cross party support, we confident it will fealure in the newly proposed package of workers, rights legislation due for consultation in late 2024. The CEO continues to co-chair the NI Chlldren's Health Coalltlon. As a resuli of securing a small amount of funding ihe Coalition appointed the NI based communicalion and research consultancy, MW Advocate, to support our adV￿a¢Y work for the Young Patient$ Fund. We have also secured all party support for the Fund. We continued to lead and advocate in the area of Infant Mental Health. Through the Stronger From the Start Alliance, we continue to promote our joint manifesto with many of the recommendations adopted by all the political parties in Nl. We have convened a number of roundtable meetings with politicians and senior civil servants. Our newly developed Parental Engagement group is slowly cxpanding and has played a very important and productive role in supporting TinyLife's reS￿nSe to consultation on hospital parking charges. TinyLife (A Company limited by guarantee) REPORT OF THE DlREcfoRS FOR THE YEAR ENDED 31 MARCH 2024 (Continued) Some of our parents also attended a meeting with DOH staff and Professor Mary Renfrew to f¢cd inlo review of midwifery services and care along with some of our Family Support staff who were excellent advocates for TL families, and their contributions lo the meeling were very insightful. Representation on Commlttees During ihe reporting period TinyLif¢ continued to sit on a number of government networks and committees, namely the Neonatal Network for IYI, Regional Infant Mental Health Group? several Health Trust Infant Mentsl Health Committees, South Eastern Health Trust ABC Plps Project and The Breastfeedlng Strategy Implementation Group. The CEO chairs a number of subgroups and committees which report on key strategies, working closely with committee members and representing the voice of parents of premature babies. European Work The CEO continues to support the work of the European Foundation for the Care of Newborn Infants (EFCNI) whilst the Head of Operations was askoj to represent 'l'inyLife in Ihe European Standards of care for Newborn Heal¢h Parent, Patient and Public Advisory Board (PPPAB). PILLAR 3 -TinyLife Educate - increased awareness and knowledge about needs of parents of premature and sick babies by using evidence to co deslgn early Interventions aod improve Ser￿CeS. The Professor Jim Dornan Award was madc to Dr Niamh Kennedy, Senior Leclurer, School of Psychology, Ulster University and Dr Tammy Morgan, Psychiatrist CAMHS, Belfast Healih and Social trust to carry out research on the following topic: "Exploration into parental psychological wellbeing in Northern Ireland Neonatal Units." In November, a$ part of our World Prematurity Day advocacy efforts w¢ collaborated with the Iri5b Neonatal Health Alliance to hold another All-lreland Conference. The Conference was hosted online and with keynote speaker Professor Nils Ber￿an from Sweden to present on Neuroscience and Zero Separation. We had 190 participants with additional viewing of ihe recording afterwards. TinyLife facililated the delivery of training to almost 60 Health Visitors in October, During the year staff have had access to the online training program FLICK and have completed both mandatory training in GDPR, Health and Safety, Risk Assessmenls and Manual Handling. The systems also provide opportunities to access a range of many relevant programs for continued on line learning. Staff also completed Menlal Health Flrst Ald training. Members of the Fundraising Team have attended a number of one off seminars to support them in their roles primarily on marketing and the use of social media. TinyLife (A company limited by guarantee) REPORT OF THE DIRECTORS FOR THE YEAR ENDED 31 MARCH 2024 (Conllnued) IDcome Gen¢ratloD This year has seen some nolable achievements in income generation and fundraising. We had a very successful Premvember campaign during November. The Gala Ball highlighting 35 years of TinyLife was a key highlight for the team, with £46k raiscd. General support from community fundraising throughout the month was very strong, with £IOk raised through Tea for Tots Parties and general Prcmvcmber fundraising. W¢ also held a very success￿1 hike to the summit of Slieve Donard which raised over £IOk. We are grateful for the support from the Jaq Group who made a £1 Ok donation as well as the Mccollum and Barr family for raising £1 Ok through their events. Whilst traditional fundraising has been challenging, we have maintained all service delivery conlracts and attracted additional funding through 5 successful Clear project applications to support service delivery across Northern Ireland. Again. this year we must thank our funders, Northern Health & Social Care Trust, Southeastern Health & Social Care Trust, Belfast Healih & Social Care Trust, Western l.lealth & Social Care Trus(, Southern Health & Social Care Trusl. PHA, Dorniant Accounts, Awards for All, The Big Lottery and Cash for Kids for their continued financial support. Finan¢lal revlew Th¢ Charity's income increased from £747,516 to £924,361 in 2024. This is a result of increased incom¢ from restricted funding and fundraising income. Principal sources of funding are from events, grants and donations. The net deficit for the year amounted to £77,071 (2023: £112,833). Restricted monies broughi forward from previous years, increased the lotal expenditure this year and accounted for the deficit, with unrestricted reserves increasing by £10,977 for thc year. The accumulated funds at 31 March 2024 amounled to £378,329 (2023: £455.400). £85,000 was invested in a l year fixed ienn account with the option to withdraw ￿ndS earlier, Reserve$ pollcy Th¢ charity's policy is to retain a level of free reserves, which matches the needs of the organisation both at the current time and in the foreseeable future. The reserves required should be sufficient to meet research cosls and the running costs for a period equivalent to six months annual expenditure. Overall, the current levels of reserve5 are lower than the eXp￿ted level, being the equivalent to 5 monihs expected expenditure. However, with the retum in growth of our fundraising this year after the effects and investment in a new team, TinyLife anticipates that unrestricied reserves will increase again in ihe coming year. The charily will continue to monilor compliance with this policy on a regular basis and the board will review the appropriateness of th¢ policy annually. Taxation As a charity, the company is able to recover most lax deducted at source from its investment income and is not liable for corporation lax on its oihcr incomc or on capital gains. Recovery is therefore n￿de of tax credits and tax dducted from income received under deed of covenant or gift aid. Equal opportunlties The charity is committed to ensuring equality of opportunity for its staff, and for organisations wilh whom it works in partnership, TinyLife (A eompany limited by guarantee) REPORT OF THE DIRECTORS FOR THE YEAR ENDED 31 MARCH 2024 (Coniinued) STATEMENT OF DIRECTORS, RESPONSIBILrriES The trustees (who are also the directors of TinyLife for the purposes of company law) are responsible for preparing the Directors, Report and the financial statements in accordance with applicable law and United Kingdom A￿OUntIng Standards (United Kingdom Generally Accepted Accounling Practice). Company law requires the directors to prepare fjnancial statements for each financial year which give a true and fair view of the stale of affairs of the charitable company and of the incoming resources and application of resourccs, inL.luding the income and expenditure, of the charitable company for ihat period. In preparing these financial statements, the directors are required to: select suitable accounting policies and then apply them consistently. observe the methods and principles in the Charities SORP 2019 (FRS 102); make judgements and accounting estimates that are reasonable and prudent, state whether applicable UK Accounting Siandards have been followed, subject to any material departures disclosed and explained in the financial statements. and prepare the financial Statements on the going concern basis unless il is inappropriate to presume that the Charitable company will continue lo operate. The directors are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006, Charities Act (Northern Ireland) 2008 and Charities Acl (Northern Ireland) 2013 and The Charities (Accounts and Reports) Regulations (Northem Ireland) 2015. They are also responsible for safeguarding the assets of the charitable company and hence for laking reasonable steps for ihe prevention and detection of fraud and other irregularities. Disclosure of Information to Auditors So far as each of the directors in otTice at the date of approval of these financial statements is aware: there is no relevant audit inforn]ation of which the charitable company's auditors are unaware; and they have taken all the steps that they ought to have taken as directors in order to make themselves aware of any rel¢vant audit infornialion and to establish ihat the charilable company's auditors are aware of that infom)ation. Small companie$, exemption This report has been prepared in accordance with the special provisions relating io small companies within Part 15 of the Companies Act 2006. io TinyLife (A company limited by guarantee) REPORT OF THE DIRECTORS FOR THE YEAR ENDED 31 MARCH 2024 (Conlinued) Independent Auditors GMCG Belfast have indicated their willingness to remain in office and a resolution for their re-election will be proposed at the forthcoming Annual General Meeting. Registered office: Unit A5, 17 Heron Road B¢lfast BT3 9LE Signed by Order of the Board J Morgan Company Secretary CHARTERED ACCOUNTANTS TinyLife (A eompany Ilmlted by guarantee) INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF TINYLIFE (a company limited by guarantee) YEAR ENDED 31 MARCH 2024 Opinion We have audited the financial statements of TinyLife (the 'charitable company.) for the year ended 3111 March 2024 which comprisc ihc Siatetnent of Financial Activities (including income and expenditure accounl), the Balance Sheet, the Statement of Cash Flows and notes to the financial statemenls, including a summary of significant accounling policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 Tlie Finunciul Reporling Standard applicable in ihe UK and Repiiblic of Ireland (United Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements: give a tru¢ and fair view of the state of the charitable company's affairs as at 31 March 2024, and of its incoming resources and application of resources, including its income and expenditure, for the year then ended; have been properly prepared in accordance with United Kingdom Generally Accepied Accounting Practice; and have been prepared in accordance with th¢ requirements of the Companies Act 2006. Basls for opinion We conducted our audit in accordance with International Standards on Auditing (UK)(ISAs(UK)) and applicable law. Our responsibilities under those standarits are further described in ihe Auditor's responsibilities for the audit of the financial statements section of our report. We are iThd¢p¢ndent of the charitable company in acwrdance with the eihical requirements that are relevant to our audit of ihe financial slatements in the UK, including th¢ FRC'S Ethical Standard, and we have fulfilled our other ethiLal responsibtlilies in accordance with these requirements. We believe that the audit evidence we have obtained is su￿1Clent and appropriatc to provid¢ a basis for our opinion. AifnTrd House 19 Alfred Slrect BE￿A￿T 8EQ DX 39Ao NR BELFKff 50 Century Hou 40Crfxenl Bu61D¢6S Park USBURN 28 2QN 17 Mandevllle Streei VORTADOWN CraigavoD BT62 3PB Tel.. +44(0)28 9031 11 Fu.. +44(olk8 9031 OTTI Tel: +44(ok8 9260 7 Fax: +44(ok8 9200 1056 Tel: +44(0128 3833 2801 Fu: 444(0)28 3835 Oa93 AmernberorTtAe￿. AWOrld￿6tAluan¢e0(1￿dtr￿atDrAl￿￿￿￿nIFltrll Www.gmCg￿.¢{ 12 TinyLife (A company Ilmlted by guarantee) INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF TINYLIFE (a Company Ilmlted by guarantee) (Coxrfnued) YEAR ENDED 31 MARCH 2024 Conclusions relatlng to going concern In auditing the financial stalements, we have concluded ihat the trustees, use of th¢ going concern basis of accounting in the preparation of ihe financial statements is appropriale. Based on th¢ work we have perfornied, we have nol identified any material uncertainties relating to events or conditions thai individually or collectively, may cast significant doubt on the Charitable company, ability to continue as a going concern for a period of ai least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevanl scclions of this report. Other informatlon The other infonnation Comprises ihe infonnation included in the annual report other ihan the financial statements and our auditor's report therein. The trusl¢e5 ar¢ responsible for the other inforniation contained within the annual report. Our opinion on the financial slat¢m¢nls does not cover the other infornialion and. except lo th¢ extent otherwise explicitly staled in our report, we do not express any forni of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other infomiation is materially inconsistent with the financial statements or our knowledge obiained in the course of the audil, or otherwise appears to be materially misstat¢d. If we identify such material inconsistencies or apparenl malerial misstatements, we are required to deterniine whether this gives rise to a material misstatemenl in the financial slatements themselves. If based on the work we have perfornied, we conclude that there is a material misstat¢m¢nt of this other inf0m￿tiOn, we are required io report that fact. We hav¢ nothing to report in this regard. Oplnlons on other matters prescribed by the Companles Act 2006 In our opinion. based on ih¢ work undertaken in the course of the audit: the inforn]ation given in the tru5t¢es' report (incorporating the directors, report) for the financial year for which the financial slalements are preparcd is consistent with th¢ financial statements; and the directors, report has been prepared in accordance with applicable legal requirements. 13 TinyLife (A company Ilmlted by guarantee) INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF TINYLIFE (a company limited by guarantee) (Conlinued) YEAR EIYDED 31 MARCH 2024 Matters on whicb we are required to report by exception In the light of our knowledge and understanding of the charitable company and its environmenl obtained in the course of the audit. we have not identified material misstatements in the directors, report. We have nothing io report in respecl of ihe following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion: adequate accounting records have noi been kept, or returns ad¢quate for our audit have not been received from branches not visited by us; or the financial statements are not in agreement with the accounting records and returns. or certain disclosures of directors, remuneration specified by law are not made; or we have not received all the infomiation and explanations we require for our audit; or Ihe trustees were not entitled to prepare the financial statements in accordance with the small companies, regime and lake advantage of the small companies, exemptions in preparing the directors, report and from the requir¢ment to prepare a strategic report. Responsibilities of trustees As explained more fully in the statement of directors, responsibilities set out on pages 9 and 10, the trustees (who are also ihe direclors of Ihc charitabl¢ company for the pU￿OSe of company law) are responsible for the preparation of the financial statements and for being satisfied ihat they give and true and fair view, and for such internal control as the truslees detemiine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due lo fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charitable company'5 ability to continue as a going concern, disclosing. as applicable, matters related to going conccm and using the going concern basis of accounling unless the trustees wither intend to liquidate the charitable company or to cease operalions, or have no realistic alternative but lo do so. Audltor's responslbllltles for the audit of the flllanclal stAtements Our objextives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due lo fraud or error, and to issue an audilor's report that includes our opinion. Reasonable assurancc is a high level of assurance, bul is not a guarantee that an audit Conducted in accordance wiih ISAS (UK) will alwayg del￿t a material misstatement when it exists. Misstatements can arise from fraud or error and are considered malerial if, individually or in the aggregate, they could reasonably be expected to influenc¢ the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of I￿egular1tLes, including fraud. The specific procedures for this engagement and the extent to which these are capable of detecting irregularities, including fraud is detailed below: 14 TinyLife (A company Ilmlted by guarantee) INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF TINYLIFE (a company limited by guarantee) (Continued) YEAR ENDED 31 MARCH 2024 Extent to whleb tbe audit was considered capable of detecting irregularltles, Including fraud We identify and assess the risks of material misstatement of the financial stalcments, whether due to fraud or em)r, and then design and perforni the audit procedures responsive to those risks. including obtaining audit evidence that is sufficient and appropriate to provide a basis for our opinion. In identifying and assessing risks of material misstalement in respect of I￿egularitIeS. including fraud and non-compliance wilh laws and regulations. we considered the following: The nature of the industry and sector. control environment and charity's financial results and position; Results of our enquiries of management about their own identification and assessment of the risks of irregularities; Any matters we identified having obtained and review¢d th¢ Charity's documentation of their policies and procedures relaling to., Identifying, evaluating and complying with laws and regulalions and whether they were aware of any instances of non-compliance; Detecting and responding to the risks of fraud and whether they have knowledg¢ of any actual, suspecied or alleged fraud. and The internal controls established to mitigate risks of fraud or non-compliance with laws and regulations; The matters discussed among the audit engagement team regarding how and where fraud might occur in the financial statements and potential indicators of fraud. As a result of these procedures. we considered that the particular areas in the financial statemenls that wcre susceptible to misslatement were related to management bias in accounting estimates and judgements; recognition, classification and completeness of inLome. In common wilh all audits under ISAS (UK), we are also required to pcrfornj specific procedures to respond to the risk of management override. We also obtained an underslanding of the legal and regulatory frameworks that the Charity operates in, focusing on provisions of those laws and regulations that had a direct effect on the detennination of material amounts and disclosures in the financial statements, The key laws and regulations we considered in this context included Charity legislation applicable to Northern Ireland, Charity's governing documcnt. employment law, healih and safely and tax legislation. In addition. we considercd provisions of othcr laws and regulations that do not have a direct effect on the financial stalcm¢nts but compliance with which may be fundamental to the Charity's ability to operate or to avoid a material penalty. 15 TinyLife (A company limited by guarantee) INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF TINYLIFE (a company Ilmlted by guarantee) (ConliAu¢d) YEAR ENDED 31 MARCH 2024 Audit response to risks identified: Our procedures to respond to risks identified include the following: Reviewing the financial slatcmcnts disclosures and testing to supporting documentation to assess compliance with provisions of relevant laws and regulations described as having a direct effect on the financial statements; Enquiring of management concerning aclual and potential litigation and claims; Perfonning analytical procedures to identify any unusual or unexpected relationships that may indicale risk of material misstatements due to fraud. Reading minute5 of meetings of those charged with governance; In addressing the risk of fraud through managem¢nt override of controls, tesling ihe appropriateness of journal entries and other adjustments including Ihose relating to revenue recognition. ass¢ssing whelher the judgements made in making accounting estimates are indicative of potential bias. and evaluating the rationale of any significant Iransactions that are large, unusual or oulside the norn)al course of ihe charily's activities. We also communicated relevant identified laws and regulalions and polcntial fraud risks lo all engagemenl teams members and remained alert to any indicalions of frdud or non