INDEPEN ENT AUDITOR'S REPORT to tlie Members of PIPS Hope & Support Ltd IA coiiipany liinitod hy guai'anloe, iiot liavltiJi a rliaro capital) Roport on tlio audlt of tlio flnaiiclal statoinonts Oplnloii Wo havo audilod the company financlal sialeinenl8 ol PIPS Hope & Support Ltd I'lhe company'l for tha finandal year onded 31 March 2023 whlch comprlso the Slalemgnl of Flnanclal Aallvllles {Incarporaling an Income and Exp6ndllure Accounll, Ilie Balance Slieel and noles lo Iho financlal stslemenls, Includlng thra summary of slgnl!Io8nt accounllng pollcle8 sel out In nolo Tho financial roporllng framowork that has begn applied In IhBir preparation Is 8ppllcablo law and Unilod Klngdom Accounling Standards, Includlno FRS 102 The Flnanclgl Reportlng Standard appllcablo In tho UK ond Republlc of Ireland" and Accounting and Reporllng by CharllleB: Slalemgnl of Recommend¥d Pra¢llco appllcablo lo cliarlll85 prcparing Ilielr accounts In accordanc8 with FRS 102. In our opliiion, wlion ropoi'lino in accorclance wllh a falr pr85enlallon Ir8meworl( the financlal slalem8nls'. glv¢ a Iruo and f14 Ir vlow of 11)8 stalG of Ilio coinpany's 8llalr8 as al 31 Mirch 2023 and of lis dallcll for the linanolol ycar Ilicn ondod., have boen properly prepared In accordanco wllh Unlled Klngdom Genor@Iiy Accepted Accounllng Pracllco,, and have boon proparod iii accordancc wilh the requlremBnls ol the Companles Act 2006. Basls for opiiiion We conduclcd our audil In aGcordance wllli Inlern811onal Standards on Audlllng IUKI {ISA8 {UKII and appllc8ble law. Our r05ponslbillUos undur Ilioso slandjrds are further doscrlbad In tho Audllor's rèsponslblllues for tho audit of Ihg flnanclal slalemenls seciloii of our report. Wo Bro Independonl ol thè company In accordllnoè wllh (41h1cal requlremenls 11181 ¢lre rolevanl lo our Ejudli of Iho llnancl81 slalemanlg in Ihg UK, Includlng the FRC'S ElhSc81 Standard, and wa liave fLilnlled our olhgr glhlc1t I rosponslbllilios In accordance wSlh Ihoso rgqulremenls. Wo bgllova Ilial tho audll 6vldence we l)ave obtained ly Buificlr4nl and appropi'iole lo provide a basls lor our oplnlon. Goiiclu61oiis rolatlng to goliig Goncorii In 8udilliig Ilio flnanclal 51algmenls, wo hav8 concluded 11181 the dlroGlors' uso of the iolng concern bmsls of ccounling In 11)a preparallon of tho finanGial lal8monls15 approprlale. Based on Ilio worlc wo hDvo porformed, we liave nol idenllfied any mal8rlEJI uncerlBlnlios relallng lo events or condlllons Ilial, Indlvldually or collecllvely, may c@51 slgnlncanl doLJbl on the companWs gblllly lo conllnuo as a golng canc¢rn for a perlod of al least Iwalve monllis from Ilie dalo whon Iho financlal slatomenls aro aulhorlsod for Issue. Our rosp01151bllilies and Iho 1'&8ponslb111118s of the dlrgclors wllh respocl Ig golng concern sjro de8crlbed In the rolevanl secllons of Ihls roport. otIiLar Iiifoririatloii The ollior Inforiralloii cainprls88 th9 informallon Included In Ih? gnnual report other than Ihe flnandal slalemenls and our Au(Illor's Rapoi'l Iliereon. Tho dlrc¢lors ora responsible for tho other Informqllon conlalned wilhln tho annu81 roporl. Our oplnlon on Ilie Ilnancl8151dlemoii18 doos not covor tho ollier Inlorm811on and, ex¢epl lo tho exlenl olliorwis0 oxpllcllly slated In our report, we do not expross any form of assuranco ccncluslon Ihereon. Our rc5ponoibilily Is lo read Ilio olher informallon and. In dolng $0, conslder wholher the olhor Information 18 malerlally Inconsislont wilh Ilie financl81 slalcmenls or our knowlodge oblalned In Ihs course af the @udil, or ollierwlso 8ppoars lo be nialerlally In18slalod. If we Idenllly such malerlal Incons181enolos or apparent mal$rf81 mlsslalements, wo requlred lo delGrmln6 wlielhsr Ihls glves rise to 8 malerlal mlssialemenl In the fln8ncial 8lalemen15 Ihcmselves.11, bas8d on Ilie work we havo perform8d, we conclude that there18 a malerlal m15slalemonl of thls olhcr Informallon, wa aro roqulrod lo report that facl, Wa have nolhlng to raport In Ihls regard. Opliilon ori otl)er Inattor pr¢scribod by tho Companlos Act 2006 In our oplniDn, based on Iha work undcrlal<en In11i8 course ol tho audll,. tho informalioii olv¢ii In tho Direolors, AnnuEJI Report lor Iho financlal year for whl¢h tho financlal slalem¢nls are prepai.odls conslslont wllh Iliu fiildnclal 81gl&monls; and t110 Dlrorlors, Annual R8pori has been proparod in 8c¢urdance with appllcablo legal r6qulrem8nis.
INDEPENDENT AUDITOR'S REPO to the Avlembers of PIPS Hope 81 Support Ltd IA compaiiy lizllitod by gLl<iraiito¢, not lJavlng a sharo ¢opitall Matters oli wliicli we are required to report b)y oxception In Ilie light af aur knowledgo and underslandlng of tho oompany and Ils envlronmanl obl$lnod In tho cour80 of Ihe audll, we have not Idonllfiad malarfal mlsslalomgnls in th¢ Dlr&alors' Annual Roport. We liave nolliliig lo roporl In rospocl ol Ilio followlnu mallers whore Ihe Companle8 Act 2006 requlros u8 to roport lo you if, in our opinlon: adcqual¢ accounllng r6coI'd8 have iiol bo&n l(epl', cr tho financl@I stalemonis aro not in agreemonl wllli Iliè accounllng records and returns,. or cerlaln dlsclosures of diroclors, romunorallon 8pecifigd by law ere not made., or tho c51roclors wore not onlllled lo prepare lh6 flnanclal slalemsnls In accordance wllh Ih@ small eompanl6s reglm@ and lal<e advantage of the small companlos, exempllon In preparlng the DireGlar8' Annual R8POrt, Rosponslbllltlos of dlroclors foi. tlie fiiianclal statoiiioiits The dlrecloi's are I'o8ponslble for Ilie proparallon of1118 fin8nclal 8lalements and for belng sallsfled Ihal Ihgy give 8 true and fair vlow, and for such Irilernal conli'al a8 Ilioy delerinlna is necessary to enable the preparallon of finanol&l slalcmcnls Ilial are froe from Inalorlal Mls81@lomonl, wl)alh8r due lo Iraud or ermr. In proparlng Ilie financlal slalcmonls. Ihe dlreclors Bro rtssponslbl@ for assesslng the comp8ny'6 ablllly lo ¢onllnu8 88 a going concern, dlscloslng, as eppllcoble, mallers rel3l¥d to golng concern and uslng the golno cancern basls of accounllno unles8 manogomo1i1 ollhor Inl6nd8 lo IlquldalB Ihe company or to coase opgrauons, or ha8 no roa11811c allernallvo bul lo do so. IKuditor's rospoiislbllllles for tl)e audil of tlio fliiaiiclal statomeMtS Our objoclives aro lo oblaln reasonablo 8ssufFJnco about wholher tho Ilnanclal 818lomen18 as a whola are frao from malerlal mlsslalemonl, wliolhor duo lo fraud or orror. and lo Issue an Audllor's Rgport that Includes our oplnlon. Roasoiiablo ts5suran¢e Is a lilgh 18vel of 8ssurance, bul Is not a guarantee Ih8t an @udlt conducled In accordonce wllh ISAS {UKI will ulways dtslocl 8 malorlal mSsstatemenl when 51 exlsls. Mlsslalemenls can arlse Irom fraud or orror and Aro consldortrd mat01 11, IndSvldually or In tha Bugroaale, they could reasonably bg oxpocled to Influonce th8 ¢¢on0)IG ddcl8lons of Uocfo lalcen on tho bu51s of thes& fSnonclal slalemonts. Ii"rogularilles, Includlno fraud, aro Inslancey of non-compllanco wilh laws ond rooulBllons. W9 deslgn procedures In Ilne wSlh our responoibililics, oulllnod abovo, to delecl material mlsslalomenls In respecl of irregulgrille8, Includlng fraud. Tlio oxlenl lo wlilch our proGodur¢fj are capable ol dolgcllng itregul8rlllos, Includlng fraud15 d&lallfyd bolow.. Fui'tlior Inforinatloii rufjardliig tlio scopo of oui. rc5ponslbllltlo8 a8 ouilltor As parl of an aLidil in aocordanco wllh ISAS IUKI, we exerclso profe8slonal ludgomenl and maln181n professlonal SGepliGi%in Iliiouglioul Ilio audit, We also.. Identify and as5CSs the Hsks ol malorlal mlsslalomenl of tho , whelher due lo fraud or error, d$slgn and porlorm audit proccdui'e8 respoiislvo lo Iliose I'lsks, and obl8ln audll evldenGQ that Is sufflclent and 8ppropr1818 lo provlde basls for our oplnlon. Tho rlsl( ol not d&loc11ng a malorlal mls81alom$nl resulllng Irom fraud Is hlgh8r than for oiie resulling Iroin error, as fraud niay involve collu51on, forgaiy, Inlenllonal omlsslons, mlsrepresonlallons, or the overi'lde of Inlcrnal control. Oblalii iin undarslandliig of Inloi'nal conlml relevaiil to the 8udll In order lo de51gn audll procedures Ihal are approprl¢Jle In tho clrcuinslanGes, bul not lor the purpooQ Of oxpro5slng an oplnlon on lh8 effo¢llv8noss ol the coinpany's Internal control. Evalualo Ilic approprfalenoss of accounllng pollcles used and the reason8bl6nes8 of accountino eslimales and related dlsclosuros made by dlr8clor5. Concludo on 11)e approprfaloncss of11i8 diroGlors' use of Ihe golng concern ba818 of ac6ounllng and, based on the audll ovlden¢e oblalned, whelhor a malorlal uncorl8lnly exists relatèd lo ovenls or ¢ondlllons that may cast slgnlfic@nt doubl on the company's ablllly lo conllnuo as e golng conGern, If we conclude that a malerial unc8ilainly exlsls, we &rtg requlred lo draw allenllon in our Auditor's Report to the relBlod dlsclosure8 In lh9 flnanclal slalomonls or If such dlsclosures aro InadequNle, lo mudlfy our oplnlon. Our concluslon8 &re basod on the oudil evldenco ubluined up lo the dale of Dur Audllor's Rèport. Fluwèvor, fuluro ev¢nl8 L)r ¢ondlllon8 may ¢au8? tho tho uompany to codso to ¢onllnu&i as a golng runcorn. Evaluale the overall presentation, slruclure and conlenl of the financlal stal@men15, Includlng the disclosurBs, and whether Ilie financial siE]lemonls represent Ilie underlylng Iransacllons and ovenls in a manner that achieves falr presontalion,
INDEPEN ENT AUDITOR'S REPORT to the Ivlembers of PIPS Hope & Support Ltd IA cotiipaiiy liinitod ljy J< uarJiitoo, riot Iidvlny a Slial capilall We communi¢alo with those Gharged with governanco rogarding, among other mallers, Ihe planned scope and liming of Iho audil and significant audil findings, Including any significant deficiencie5 in internal control Ihal w idonlify durin our &udlt, Tlio purposo ol oui. audlt wol'l( and lo wlioni we owo our rosponslbilitlos Thls roporl15 mado sololy lo 1118 compaiiy'8 members, as a body, In accordance with Chapl8r 3 of Parl 16 of the Companles Act 2008. Our audll worl< l)as been undoi'lakon so Ihal we rnlghl 51ale lo Ihe company'8 mombers Ihose Inallei'G wo aro roqulrod lo slalo lo Iliom In an audllor's report and for no olh@r purpose. To the full851 oxl&nt perinilled by law, we do not accept or assume re5ponsibilily lo anyone olhor Ihan the company and the company's mcinbcrs as a body, for our @udil worl(, far Iliis ropcrl, Qr lor Llie oplnlans we hav8 formed. Dari'ogli Colt r FCA Isoiilor Slututory Audllor} for and oli bolialf of DALY PARK & COMPANY LTD Chartered Accounlanls and Rgglslered Audllors 6 Trovor14ill Newry Co. Down BT34 1DN Norlhorn Iraland 20 Novoinbor 2023