Glenabbey Church Independent Avditor's Report to the Members of Glenabbey Church Opinion We havc audited tl)c fu]ancial slalements of Glcnabbey Cliurch (the 'charity') for the year ended 30 Jun¢ 2024, wliicli comprise the Statcmei)t of Financial Aclivilies, Balaiice Slieet, aiid Notes lo tlie Financial Siateiiienl5, incliiding a siiininaiy of significant accounting policies. Tl)e financial I"eporling fi'aiiiewoi-k tl)at has been applied in tlieii. pi"epai2tion is Ulliled Kingdoni Accounting Standai-ds, compi-iSiTJg Chaiilies SORP FRS 102 'The Financial Rcpoiting Stai)dai'd applicable in tlie UK and Repiiblic of Trelaiid, and applicable law Iuiiited Kingdoin Geiierally Accepted Aceouiiiiiig Pi"aclice). 111 our opii)ion the fii)an¢i81 statenieiits.. give a ttue and fair view of tlie stale of tlie charity's affairs as al 30 June 2024 aiid of its incoining I'esou*ces and applicatioii of I'esoiii'ces foi. tlie year Ilien erLdcd,. havc been properly prepai'ed in accordaiice with UEiiEed Kingdoin Genei'ally Acccplcd Accoullting Pi'actice- aJ)d liave been pi'epai'ed in accoi'da]Jce witl) the i'equiremeiits of the Cliaiilie5 Act (Noi'tliern Ireland) 2008. Basis for opinion We coiiducted our aiidii in 2ccordan¢e with Inleinational St8ndards on Auditing {UKI OSAS IUK)) and applicable law. Oui. I'espoiisibililies Diider Ihose standards ale ftiirthei" described iii tlie audi(0i' responsibilities for tl)e audit of tlie fiiiai)cial statemeiits sectioi) of our i'epoi't. We al'e illdependenl of the cbaiity im accoLdau¢e with t])e ethical requii-elliejjts tli&t -e relevant to ouL' audit of the fillaiicial statements iii the UK, llicluding tlie FRC'S Ethical stalldd, aud ive have fulfilled oui- other etliical rcsponsibilitics in accordance witli these rcquitemenls. We believe that thc audit evidence we have obtained is sufficient and appropriate to pi'ovide a basis for our opinion. Con¢lusion5 relating to golng concern In auditing Ilic financial statcincnls, we Iiave concluded Ihar ilie tiustecs use of tl)c going Concern basis of aCCOilT]ting in the PTeparation of the financial statements is appi'opi'iate. Based on the work we haiie peifoiThed, we have iiot identified any material un¢ei1ainties I'elaling to events or conditions that, ii)dividually or collectively, may cast Si11f1c2I)t doubt 011 tl)e charity's ability to coijliiiiie as a goiiig ¢oi)cein for a pei'iod of al least Nvelve moiitl)s fron) whei) thc oi'igillal finaiicial statcnients wci'e aiiihoi'ised foi. issue. Oiu. i'espoiisibilities and tlie responsibilities of ibe tIUStees witli respect to goiiig conceii] ait desci-ibed iii Iliè ielevallt sectioi)s of tliis i'eporl. Other inlormation Tl)e tnislces ai'c respoiisiblc for tl)e oilici. iiifoi'i))atioii. Tlie othei. iiifoniiation coiiipi-ises Il)e iiifoi-iiialioii iiicliided iii the aiinual I'epoit, otliei. Ilian Ilie fii)aiicial stateinenis 2nd oui- auditoi-'s I'epoit Ihereon. Our opii)ioi) on tlie fiiianci81 stateineiils does iiol cover Ilie otliei. infoijiiation aiid, except to Ilie exteiit otlieiwise explicitly stated in our I'epoi'l, we do not express a]iy for]ll of assujance conclusioii Iheieon. In coiuicclion widi our audit of Ilie flliancial statcineDls, our responsibility is lo l.ead the oilier itLfoiinalion aiid, iii doing so, CoiJsidei' wlieiliei. tlie oil)ci- infonnation is In3tei'ially incoiisislenl will) tlie finaiicial siatei)ienls oi. our kiiowledge obtained iii the audit oi. oihenvise Ic ppeai"s lo be Inatei-ially i))isslal¢d. If we ideiilify 5u¢li nialei'ial inconsistencies oi. #ppai-ent Inatcrial Ini8sl¢ilcTnents, we asc I'eqiiii'ed lo deteiniine wliether thei'e is a Tnaleiial Inisstatement in Ihc fiiian¢ial stalenienls 01. a malei.ial iiiisstateinent of tlic oihei. infoiThalion. Tf. based oli the woi'k we havc pei'fonned. we coiiclude tliai thei'e is a n)atei'ial niisslateimeiit of tl)is orhei. infoniiitioii, we al'e I'eqiiii'ed lo I'epoi'l tliat fact. Wc Iiave i)otliii)g to I'eport ill this regard. Pagc 7
Glenabbey Church Independent Auditor's Report to the Members of Glenabbey Church (continued) Mattel's on Ivhich Ive are reqllired to report by exception In thc light of our knowledge and underslanding of the charity and its environment obiaincd in the cowse of thc audit, Ive have not ideniified material missialemcnls in the Tn]slces' Report. We liavc nothing to report in i-espect of thc following matters where the Chai'ilies Act (Norihem Ireland) 2008 requiies us lo report lo you if, in ollr opinion.. adequate accounting records have not bccn kcpt, or TCtUrn5 adequate for our audit have not bccn rcceivcd fi'om bl'anches not visited by us; or the financial statements are not in agreement with the accounting i"ecords and rcmms. or certain disclosure5 of trustees rcTnunei"ation specified by law are not made. or wc havc not i'cccived all the infonnalion and cxplanations we rcquire for oui. audit. Responsibilitie5 of truslees As explained more fvlly in the Statement of Trllstees, Responsibilities (set out on pagc 6), the truslecs lre I"esponsible for the prcpai'ation of thc fiiiai)cial statements and foT being satisficd that they give a tiue aiid fair vicw, and for such internal ¢ontrol as the trustees delenriine is necessary to enable the preparation of financial statemejjts thai are frce from malcrial misstateincnt, whciher due to fraud or crror. In piepai'ing the financial slalemenls, the trustces al'e responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going conceim and using the going Concem basis of accountiDg unle55 the trustees either iDtend to liquidate the ¢harity or to cease opeialions, or have no realistic alternative bul lo do 80. Auditor Responsibilities for the audit of the financial statements Our objectives are to obtain reasonable assuranec about whed)er che financial statements as i whole are free frotn mat¢riAI misslitement, whethei. due to fi.aud or error, aThd to issue ali auditoi s i'cport tbat includes our opinion. Reasonablc assurance is a high level of assurance, but is not a guaralltec tliat an t¢udit conduclcd in accordance witli ISAS (UK) Ivill always detccl a matcrial Tnisstalemcnt when it cxists. Misstatcmenls can arise froin fraud or en'or and aT¢ considered material if, individually or in the aggregat¢. thcy tould reasonably be expectcd to influence the ecoT)omic decisions of users taken on the basis of thcse financial statements. Thc cxtent to which our pi'ocedurcs Arc capablc of dctccling in'cgularitics, including fr&ud is detailcd bclow.. Pag¢ 8
Glenabbey Church Independent Auditor's Report to the Members of Glenabbey Church (continued) We considcred the oppoirnnities and incentives that iiiay exist within the Charity foi- fi'aud and identified the gi'ealcst potential foi. fi'aud in relation to rcvenut I'ecogniiion and payinent of amounts fi'om tlic Charity. J common with all audits uiider ISAS (UK), we are also requii'ed to perfoiTh specific pi'ocedures to I'espomd to the I'isk of mai)agenienl ovetTide. We also obtained an iinderstaiidiiig of the legal and i'egulaloiy framewoi'ks that tlie Cliaiiry opei'ate5 in, fociising oil provisions of those law5 and regulalioiis that liad a direct effecl oil tbe delcm)iiiatioii of material aOn[S and disclosui'es in tlie fiiiancial slaleineiits. The l<ey laws and regulations we consideitd in this context included Coiiipanies Act 2006, Charities Act (Nl) 2008 and guidance provided by the Cl)ai'ity Coininission for Northern Jreland. In addition, we considei.ed pi'ovisions of relevant laws and regulations that do not have a direct cffcct on thc fiiiaiicial stalemei)ts biit compliaiice willi which Inay be fiiiidainei)tal to the Chaiity's abilitji to opei'ale oi. to avoid a niaterial penalty. Oui. procedures to respond to iisks identified iJ)cliided tlie following: reviewillg Ibe finai)cial statemelll discloslltcs and testing 10 SilPPOlting docwiienlalion to asscss eoinpliallcc willi pi"ovisions of I'elevanl laws aiid regulations dcs¢ribed as liaving a direct cffeet on tlie financial slaletn¢nts- enquiring of manageinenl regarding actual and potential litigation and claim5-, peiforming analytical pi-ocediii'cs to identify any iinusiial oi. iinexpectcd i-clationships that may indicate risks of maieiial niisstatemeiit diic to fraiid; I'eadiiig miiiutes of meetings of those charged witli govein8iice and reviewing I'c178tory coii'espondencc with Ilie Charity Coi)llnission foi. Nortliern li'elalld; ill addi'essing the i'isk of fraud tljrougb n]aiiageii)eiit overi.ide of coiilrols wc, Ic5ted the appi'opiiatei)css of journal cnliies and other adjustments., assessed whetlier the judgemenrs inade in lliaking accounting esliinates are indicative of a potential bias. evaluated the business I'ationale of any significant Ii'ansactions; alld wliere possiblc obtained dire¢l confir]llation of balan¢es indepcndently fi'orn tlie relevant party. We also cgmmiinicated relcvant identificd laws and I'cgiilations and potei)tial fvaiid risks to all eng8gemenl team i)ieiiibei's, and ieinained alei1 10 ai)y iiidications of fraiid or iion-coniplia)Ice with laws and relIationS throughout Il)e audit. Because of the iithei'ei)t limi18tlOllS of an audit, tlici'e is a risk tlial we will Iiol delect all in'egulai'ilies, ill¢ludiJig tbose leadillbF fu a matei.ial misstatenient in Ilie fii)an¢ial slaleinents oi. iioi1-conipliICt willi reLJiilalion. Tijis risk increases Ilie tnore that compliance witl) a Iciw or regulation is rei)ioved from the events and ti'aiisactions I'eflected in tlie finaiicial stateinents, as we ivill be less likely to becoJJie aware of iiislances of iion-coinpliance. Tlie iisk is also 'cate1. I'cgai'ding iii'egulai'itlcs OCCLirring due to fi-aud iathcr tlian eii'oi., as fraud involvcs iiilentional concealmenl, foi"gety, collusion, omissioii oi. Inisi'epresentation. A fi]rther dcsciiption of oui. I'esponsibilities is available on the Financial Repoiting C.ouncil'5 website at.. vww.fi'e.oi'g.iiklaiiditoi-si'espoiisibililies. This desci'iption fornis paTt of oiii. aiidilor's i-epoi't. Use of oui. repoi't Tliis repoi't is Inadc solely to thc cl)aiity trustees, as a body, in accordance with section 144 of tl)e Cliarilics Act 2011 and regii12tions Tnade undei- section 154 of that Act. Oiii. audit ivoi'k h&5 becii iindei1aken so that we migl)I stAie to tl)c Iiiistees those mattel's wc are I'eqiiired to stale lo liSteeS iii ail 211ditoi's' repoi't ai)d foi- i)0 Dihei. piiipose. To the fiillest exteiit peiThitted by law, we do iiot accept or assiinie resiioi)sibility lo aiiyoi)e othei. tl)an the chai.ity aiid its tiuslees as a body, for oiir aiidit worli, foi" tliis report, oi" for thc opinions wc liavc foni)ed. Page 9
Glenabbey Church Independent Auditor's Report to the Members of Glenabbey Church (continued) Simon Hoppei. (Senior Statt]tory Auditor) For and on behalf of MBS Chartered A¢countanls, Statutory Auditoi 3 High Slreel Larne Co Antrim BT40 IfN 19 December 2024 MBS Chartered Accountants is eligible for appointtnent as auditor of the charity by vir¢ue of its cligibility for appoiotmcnl as auditoi. of a company under 5¢Ction 1212 of the Companie5 Act 2006. Page 10