INDEPENDENT AUDITOR'S REPORT to the Members of The Emmanuel Church Lurgan Trust IA company limited by guarantee, not having a share capital) Report on the audlt of the flnancial statements Opinion We have audited the charity ffnancial statements of The Emmanuel Church Lurgan Trust I'lhe charity'l for the financial year ended 31 December 2023 which eomprise the Statement ol Financial Activities {incorporaling an Income and Expenditure Account}, the Balance Sheet, the Statement of Cash Flows and notes to the financial stalemenls, including the summary of significant accounting policies set out in note 2. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Aecounting Standards, including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" applying Section 1A of that Standard and Accounting and Reporbng by Charities.. Slalement of Recommended Praeliee applicable lo charities preparing their accounts in accordance with FRS 102. In our opinion. when reporting in accordance with a fair presentation framework the financial stalemenls.. give a true and fair vtew of the state of the charity's affairs as at 31 Dember 2023 and of its deficit for the financial year then ended.. have been properly prepared in accordance with United Kingdom Generally Aceepted Accounting Practice,. and have been prepared in accordance with the requirements of the CompaniesAct 2006 and the Charities Act (Northem Ireland) 2008. Basls for opinion We conducted our audit in accordance with Intemalional Standards on Auditing (UK) IISAS IUK)} and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial slalements section of our report. We are independent of the charity in accordan with ethical requirements that are relevant to our audit of the financial slalemenls in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is suffieienl and appropriate to prowde a basis for our opinion. Conclusions relatlng to golng concern In auditing the financial ststements, we have concluded that the trustees, use of the going concem basis of aecounting in the preparation of the financial slalemenls is appropriate. Based on the workwe have performed. we have not identified any material uncertainties relating to events or conditions that. individually or collectively, may cast significant doubt on the charity's ability to continue as a going coneem for a period of al least tsveFve months from the date when the financial staternenls are aulhorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going conrn are described in the relevant sections of this report. Other Information The other infomation Comprises the information included in the annual report other than the financial slalements and our Auditor's Report Ihereon. The Iruslees are responsible for the other information contained wi(hin the annual reporL Our opinion on the financial ststements does not cover the other infomiation and. except lo the extent otherwise explicitly stsled in our report, we do not express any fom of assurance conciusion Ihereon. Our responsibility is to read the other infonmalion and. in doing so. consider whether the other infomalion is materially inconsistent with the financial statements or OUT knowledge obtained in the course of the audit, or otherwise appears lo be materially misslaled. If we identfy such material inconsistencies or apparent material mi5slatements. we are required lo detem)ine whether thi5 gives rise to a material misstatement in the financial statements themselves. If, based on the work we have perfomied. we conclude that there is a material misststemenl of this other information, we are required to report that fact. We have nothing to report in this regard. Opinion on other matter prescribed by the Companie5 Act 2006 In our opirtion. based on the work undertaken in the course of the audit.. the infotmalion given in the Trustees. Annual Report for the financial year for which the financial statements are prepared is consistent with the financial statements.. and the Tnjstees. Annual Report has been prepared in accordance with applicable legal requirements. 12
INDEPENDENT AUDITOR'S REPORT to the Members of The Emmanuel Church Lurgan Trust IA ¢ompany Ilmited by guarantee. not having a share capltall Matters on which we are required to report by exception In the light of our knowledge and understanding of the charity and its environment obtained in the course of the audit. we have not identified material misstatements in the Trustees, Annual ReporL We have nothing to report in respect of the following mattets where the Companies Act 2006 requires us lo report lo you if, in our opinion- adequate accounting record5 have not been kept.. or the financial statements are not in agreement with the accounting records and returns,. or certain disclosures of trustees. remuneration specified by law are not made,. or the trustees were not entitled to prepare the financial statements in accordance with the small companies regime and lake advantage of the small companies, exemption in preparing the Trustees, Annual Report. Responsibilitles of trusteas for the financial statements As explained more fully in the Statement of Trustees, Responsibilities sel out on page 7. the trustees are responsible for the preparation of the financial slalements and for being satisfied that they give a true and fair VEW, and for such internal control as they determine is neSSary to enable the preparation of financial slalements that are free from material misslatemen( whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going concem, disdosing, as applicable, matters related lo going concern and using the going concem basis of accounting unless management either intends to liquidate the charity or lo cease operations, or has no realistic allernalive but lo do so. Auditorfs responsibilities for the audlt of the financial statements Our objectives are to obtain reasonable assuran about whether the finanaal ststements as a whole are free from material misstatement, whether due lo fraltd or error. and lo issue an Auditorfs Report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in aecordance with ISAS IUKI will always detect a material misslalemenl when it exists. Misstatements can arise from fraud or error and are considered material if. individualty or in the aggregate, they could reasonably be expected to influence the economic decisions of usets taken on the basis of these financial statements. Irregularities. including fraud. are instances of non-compliance with laws and regulations. We design proeèdures in line with our responsibilities. outlined above, lo detect material misslalements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities. including fraud is detailed below.. There is an inherent difficulty in detecting irregularities during audit. However the effectiveness of entity's controls, the nature and extent of audit procedures performed. gives us confidence in detecting irregularities. Further Infomiation regarding the scope of our responslblllties as auditor As part of an audit in accordan with ISAS IUKI. we exercise professional judgement and maintain professional scepticism throughout the audit. We also.. Identify and assess the risks of material misstatement of the . whether due to fraud or error, design and perform audit proceduTes responsive trj those risks. and obtain audit evidence that is suffieienl and appropriate lo provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resultin9 from error, as fraud may involve collusion, forgery. intentional omissions, mi5representslions, or the override of internal control. Obtsin an understanding of internal control relevant to the audit in order lo design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the charity's internal control. Evaluate the appropriateness of accounting policies used and the d$¢nab1eness of accounting estimates and related disclosures made by trustees. Conclude on the appropriateness of the trustees, use of the going concern basis of ac¢ounling and. based on the audit eviden obtained, whether a material uncertainty exists related to events or conditions that may cast SignifinI doubl on the charity's abilty to continue as a going concern. If we conclude that a material uncertainty oxists, we are required to draw attention in ourAuditorfs Report to the related disclosures in the financial statements or. if such disclosures are inadequate, to modify our opinion. Our Conclusions are based on the audit evidence obtained up lo the dale of our Auditor'5 ReporL However, ftjlure events or conditions may cause the the ¢harity lo cease to continue as a going concern. Evaluate the overall presentstion, structure and content of the financial slalements. induding the disclosures, and whether the financial slalements represent the underlying transactions and events in a manner that achieve5 fair presentation. 13
INDEPENDENT AUDITOR'S REPORT to the Members of The Emmanuel Church Lurgan Trust IA cornpany limited by guarantee, not having a share capitsll We communicate with those charged with governance regarding. among other matters, the planned scope and timing of the audit and significant audit findings. including any significant deficiencies in internal control that we identify during our audit. Ruairi Maginn I for and on bg DALY PARK PANY LTD Chartered Accountants and Stalulory Audito 4 Camegie Street Lurgan Craigavon CountyArmagh BT66 6AS Northern Ireland ior Statutory Audltor) 2&hJune 2024 14