INDEPENDENT AUDITOR'S REPORT to the Members of ABC Conimunlty Network IA ¢omp#ny Ilmltva by guaranlge, not havlng a shoro capEtsII Report on tho audlt of th? flnanclal $taleinenl$ Opinion We navè audlt¢d th¢ ovtTTpany financlal $tstemetrts of ABC CommLinNy Neork Ilth& comp8ny'l for tho fln?nGlal year ended 31 Maroh 2024 whleh ¢ompris8 the 8tatem&nt llf Flnanttial ActltrèS (Incorporallng an In¢ome and Expendltu A¢countl, the Balanc8 Sheet. thè Slalem8nt of Ca8h flows and notss to the finanoial slatem&nts, Ineludlng th8 siimmary of snIfiCant aG¢ounling pollcies set out In 2. "rho Iln8nttial roportlng IramBwc>rk Ihal has been appliod In fftelr pr¢paraliort is applicab liw and Unit¢d Klhgdom AG¢ounling standards, Including FRS 102 'Tho nanGla1 Reportlng Slpndard appll¢abl6 In lh8 UK and Ropubll¢ of Ireland apptylrÉg Se¢iiort 1A ol that Sl8no8rd and Ac¢tsiinllng and Reportlng by Charitivs.. Stalerngnl of Recommeudsd Pra¢11 appllcablo lo ¢hariil88 propailNJ Ihglr accoun1$ ID accordance with FRS 102. In our opinton, wh6n wportin9 In 4¢¢or¢Jance with FJ falr pregentailon fr&m6woYk the linanc1818tat¢ments'. olve a trut and falr vlew of tha ¥latg tsfth& compan18 affalr¥ as gt 31 Mavch 2024 and of Ila d&liott for flnw)clai y08r thèn endod., hav& been properly proP8r¢d iff a¢¢¢rdanGe with U•iled Kingdom G&nerally A¢c¢pt¢d Acoourntlng PraGllca'. and hav8 been prepared In arcor¢YAn¢e wllli tlie requlroments r)f Ihe C¢mpanio8 Act 2QO6. Basis for oplnlon We conducted Dur audlt In a¢¢ordanee with Intematlonal Standa8 on Audllin9 (UK) (ISAS IUKII and appable law. Our resportslbllllies under Ihosg sl&nd8rd& ar8 futlher des¢rtbed in Ilie AuditDVs re8pon$ibilllie$ for th¢ audit of the aiittlal 51alementS 5e¢tlon of our tEPOrt. Wa Indeppndenl of th& company in acGord8nc8 wllh othlcal requlremant& that arè relevant ltr otsr audll Of Ihe flnanclal stat6moths In the UK, InGludlng the FRG'S Ethlcal Standard and the Provlsltsns Avallable for Audlts of Small Enlillas, itt the Glrcumslance8 sel out in Not$ 3 to tho flnanclai slateiénts, and we havfj fulfilled our alher ethal re$poiiglblllties in accordance wllh th9$9 requirements. W$ belleve that the audit evrdenc& w& have obtalnod 18 8tsfflrAonl and epproprlalp lo pmvlde a bqslg fLJr ¢ur Qplnlon. Concluslon$ rolatlng to yolng concem In audltlng the flnan¢ial slatompnts. we Qondudod Ihat tha trustg88' use of the going concern bas1& of ccountln9 In the prepar4tfon uf tha linallclal stslomgnl& Is approprtal$. Based oft the work ws havo ygrfoymed. have not identitled any makrfal unoertalnlles rp.laling lo or ¢ondltitsng that, Indlvldu8lly or ¢ollecilvety. may cast ?[gnifint duubt on th¢ ¢ompany'$ abllily to coThllnua as a going con¢orn'fora p8rlot# of al leosl fwelve months from the daio when the finanviai st1MentS are aulhori8ed for Ès$u&. Our fesponslbllllf&8 and thè responsibililk9 of the tru81 wllh r88peGI to golng are de8crlbdd in tha relgvanl sectlons of th1> roport. otlier Informatlon The olhar Inft)rrrnallon ctsmprisas the inlormullon Ineludod th8 8Mnual reprJrt ather than the finantti218tatem¢nls and oiir Audltorfs Report IhererJn. trusla&s ap responsible for the olh6'r Infonnallott Contained within the alliiiial report. Our oplnlon on tho flnandal statemenls does not cuvor Ihe other Informallon and, exGepl lo IhA extent the18 axplittllly Stated in our report, we do not exprèss any form of a58uranGe ¢ondu8ion Ihere¢)n. Our regPL7n$lbility Is lo read thg plh¢r information ond, in dolng so, con8lderwhglher tho other infomiatloii Is mtlorialty Inconglstenl wtlh th& flnanclal statements or our knowl@dgfy ub181ngd In coura8 of the audit. or olherwk& Wpeors lo b8 materially miss181. If wo Idenllfy such malartal Inconsisién¢la$ tsr appartnl matsrial mls8tat¢monls. we are raquired to de16Th1na wholher Ihl$ glves rtse IL> a mat¢iial m1851at0mgJnl In tho firtan¢lal 8tatemènt th¥msalves. If, based on the work w6 have p¢rformed, we conclude that Ih¢rg Ks a mate¢lal mi8slaiÈmenl ol this olher Informallon, we arg raqulred to report that fa¢l, Wg havo nvlhing.to roport In thi4 regard. Oplnlon on othèr Mattor pre$cribod by the Compgn1è5 Act 2006 In our oplnlon. based vn the work undèrtaken in the ttoiJrs$ of the audit.. the Infomisllon glven in the Tru810os'Artnual Report for th& fin4nclafyoarfor whlch tho flnanddl statemants ar6 prepar6d 18 consl8lentwllh thè financial $ial¢rnLBnls' and th6 Tru$1ee8' Annual Rtsport ha$ besn prapared In a¢¢ordance wllh applicable legal requlrement8. io
INDEPENDENT AUDITOR'S REPORT to the Members of ABC Communlty Network A oompany Ilmltad by guttrantse, ntst havlng a ¥hare £apltall Matterg on whloh wo ar8 r(MLFlrgd to report by pxuepllon In the li9hl of our knowledge and und?rstsnding of tho campany and Ils env6ronrt7enl oblalned In the cour89 of the
udit, we have ii¢t Idenllfied maferial mi8Statsmgnl$ Ih the TSte&s, Annual ReporL
We havg nothlDg to rèport In rèspoGt of IIT¢ loll¢wlng mattfjrs whero th8 Companles A¢1 2008 requlro8 US to Teport lo you Sf, in our oplnion.. adequats accounlii)g rocard51)avo not b8en kapl, or the IlnanGial slalom8nts are nol, In ¥9r¢¢monl w51h the accounllng fycord8 and relums; ar ¢ertaln cll$¢lo$uro8 of tru&t¢é$' remunerallon speclllod by IEJW 819 not made,. or the Iru$t8e$ wer& not entiilÈEI fo prepare thp flnanc1 $tat$mgnts In 8ocoidon¢& wlth the 8mall oompanlgs reJim8 and take advantage of tho 8maN C¢xnpalllo8' oxempuon In proparina th¢ Tru&ts&s' Annual Repo R8spanslbllitlo$ otiffu$tsoS forthe fin&nvlal stolements AB explalned morg fully In the Statemènt ()f Trystaes FkspQ1b1llll0s Èèt out on pag$ 7, thè trustees are 10SFJon8lble for thg preparatlon of Ihg flnanoial slalemonts aftd tor b&ikng $allsfipd that thèy g[ a true and falr view. and foT such intgrnal control as Ih¢y dOrmIne 1$ ne¢e$gary to &nable th5 pr8pgraHon of flnanGl41 $ta10menlg that fre¢ from matortil miysiatemenl, whèlh?r duo te fraud or orror. In pr4porln9 thg tlnanclal 8tal$mgrrts, th¥ In18tees are ro$pDnBtble for assNgslng fh8 company'$ abillly lo ¢J)nlSnuL4 1$ 4 going ¢on¢¢m, ¢Ji8closiMg, as applic?blp, matter$ relalad tg golng ¢onrn and u8illg the gulng conc&m basls of aocuuttllng unless manBgern&nt ellhor inl4nds tu Ilquidalg (ho cornpany or lo ce889 op&rallons, or has no roHllsli alterllallve bLJt to do so. Auditor'g r¢$ponslbllStlo8 for th? audlt oltho flnanclal stafymenL8 Our objecllvag aro to obtain re8sonobl¢ assuranc6 ¥bgut whelhfjr Ihg Ilnanclal gtaloMont$ as a whol& are fr¢a from maal mlsslat¢m8nl, whether due to fraud or ¢rror, and to Is¥ue an AudlloT'S Report that includei our oplnlon. Rea8on8blg 4s8uranc¢ Is a hlgh18vèl of a¥8uraNG& bul18 not a guaraMte8 that an audit condu¢ted ir a<xtyrdance wllh ISAS (UK) will alway8 dettrttl a ma18rfal Ml&8tatem&nt wfton11 exists. Mlsstatgments can #rlsa from fraud or error ?nd con$ldered maierlal If, Individually Or In the 8ggr8gal&, th&y eould rea$onably b8 oxpecled lo lrntlL4ence the ¢conomio d8clsions of u$er& lak6n on tho bas18 of Ih&se ftnamulal Sfatemenls. Irr¥gularlllos, Irtcludlng fraud, artt irtstanoos of non-¢ompliaftce wLth laws and rtgulattons. We doslgn proG£dur¢$ in Iln¢ with our rogponsiblllli¢s, ouulnod &bave, to dets¢l malerlal ml$£latements in re¥p8Ct of 5rregularlll6&, Includlng frau(l. The extent to whlch our proc¢dyro8 ar4 ¢8pable of dete¢liY%9 irregularib'es, includjng fraud18 d&lalled b¢lthv.' Furthor Informafjon rggardhw thè $¢opè of our respon81blllt70$ 4$ 4udltor As part of aud1 in accordatTrce wilh ISAS (UK), we exer¢"o9 profeo5ion8t Judgement and malntaln prof0551onal scepticlsm throughout the audll. Wo 81$0.' Idèntify and ajsèss the riskg of mdterlal mis&talem8nl of the , whgther dug b fraud L)r trrror, deslgn and perform audit procedures rospanslvè lo those ilskB, ?iid oblaln audlt evid¢nco th81 Is sufficient oppropdats ts PrOde a ba819 for ouropinlon. Tho rl¥k OF not det¢¢llng a malorial misstfjiem&nl resulting tr<Jm fraud Is highel than for on resulllny from error, as fraud may in¥Lilv& collu51on, furgery, inlentronAI omlsslons. mlsrepr0$9ntallr)n8, or tho override af Internal (onlrcl, Obtalry an und6istrdrÉdln9 01 internal ctsnlrol relVaTht to the audlt In order lo doslgn audit procod[s that ors approprlate In the clr¢ymstance$, but not for tho wfrpose of &xpr¢¥slng an oplniort on tho effpotlveneig of the company's Ihternal colllroL Evaluata tha approprlaloness of acwuntjng p)Il¢las u$8d and the r¢gsonablene&s of a¢¢ounling esumates and r6laled tll&closur¢s made by Irugteas, Conclude on tkte appropriateness of the Iruslee&' uso of Ila goh)g ¢¢nrn ba81è o18¢countlng and, baged on IhE audit avldance oblalnerl, whether a mat¢rlal uncèrtainty exi81* réialod ta evenl$ or ¢onrllllons that may Gast SIgneant doubl on the ¢QMpany's ¥billly lo continue a8 a grjing ¢tJn¢orn. If we ¢oftclu¢e Ihal a maloryal unGertalnty exists. wè are requlrèd tt) draw allenllon In our Auditorfs Report trj the related d18closuro in the flnanclal 6t8tements or, If suGh d1$closu$ arè InadEquale, lo rnodlfy oiir oplnion. Our condusioiis are b?sed on the audlt evtd6nee obtained up tts the dale Df our Audllol$ Report. Howèv&r, fuliir& ov¥nts or conditions may ¢aus& the ¢ompany lo cea$e lo contlnue a$ a golng wttcern. Evaluate the ovtsrall presenlatlon. structure and Gcsnlant ¢1 the ftnanGiaE stalemenl$, Incliidin9 the d18cID$ur¢s, and whell)or the finandal 5181ement$ rEpresenl tho undeilylng Iranga¢llor¢5 and In a mattngr that a¢hieve5 falr pfftsentatlon.
INDEPENDENT AUDITOR'S REPORT to the Member8 of ABC Comrnunlty Network (A eornpany Ilmited by gtsaranteo, not sharè oapltslj Wa communl¢al¢ wllh thas8 charged with governanc8 regardlng. among olh&r mall8r8, the pl&nn@d scope and tlming of audit and glanrflcant audll flndlngs, Indudlng any Signillcanl d&Nelendes In Intern&1 conlrof that w& tdenlify durin9 our audlL Rualri Maglnn fDrand on b* eiilor Statutory AudltQTI Ifof L)ALY PARK COMPANY LTD Fleglslered Audllor6 4 Comegle Stre81 Lurgan Co. Armagh B T66 8AS Northèrn Iland ..qJ,I,L.1.3t..... 12