ort of the Inde endent Auditors to the Members of South Belfast Sure Start Opinion We have audited the financial statements of Soiith Belfast Sure Start (the 'charitable company,) for the year ended 31 March 2023 whicli coinprisc the Statemeiil of Fiiiancial Activilies, tlie Stateinenl of Fiiiaiicial Position, the Statement of Cash Flows and iiotes to ihe finaiicial statements, ii)cludiiig a suininary of sigiiificant accounting pol icies. The financial reporling framework that has been applied in their preparation is applicable law and United Kingdom Accounting Siandards (United Kiiigdom Generally Accepted Accoiiiiting Practice), including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland,. In our opinion the financial statements,. give a true and fair view of tlie state of the cliaritable coillpany's affairs as ai 31 March 2023 and of its incoining resources and appl ication of resources, including its incoine and expenditure, for the year then ended; liave been properly prepared in accordaiice with United Kingdoin Geiierally Accepted Accoiinting Practice, iiicludiiig Finaiicial Reportiiig Standard 102 'Tlie Finaiicial Reportiiig Staiidard applicable in tlie UK aiid Republic of Irelaiid and liave been prepared in accordaiice witli the requiremeiils of the Coinpanies Act 2006. Basis for opinion We conducled our audit in accordaiice with Internatioiial Slandards on Audiliiig (UK) (ISAS (UK)) and applicable law. Oiir respoiisibilities Liiider tliose slc111dards are furllier described iii tlie Audilors, responsibilities for tlie ¢iiidit of tl)e financial stateinenls seclioii of our report. We are independent of Ilie charitable coinpaiiy in accordance willi tl)e etli ical I'equireinents that are relevaiit to oiir audit of thc financial stateiiieiits iii tlie UK, iiiclud ing tlie FRC'S Etliical Staiidard, and tlie provisioiis avai lable for small entities, iii tlie circiiinslaiices set out in Iiote 19 to the fiiiancial stateineiits, and we liave fulfilled OLir other elhical respoiisibil ities iii accordance with tliese requ ireineiits. We bel ieve that Ilie audit evideiice we liave obtained is sufficient and appropriate to provide a basis for our opiiiion. Conclusions relating lo going concern Iii aiiditii)g tlic fiiiaiicial stc2leiiieiits, we have concliided Iliat Ihe trustees, Iise of tlie going concern basis of accounting iii tlie preparatioii of tlie financial slateinenls is appropriate. Based oil tlie work wc liav¢ perforined, we liave not ideiitified any Inalerial uiicertaiiities relatiiig to eveiits or coiiditioiis Ihat, iiidividiial ly or collectively, may cast 51gFllitIClc nt doubt oli tlie cliaritable coinpaiiy's abil ity to coiitiiiue as a goiiig coiiccri) for a period of at Icast twelve Inoiiilis froin wheii tlie fiiiancial slaleiiieiits are autliorised for issue. Our responsibi lities aiid tlie responsibilities of the trustees with respect to goiiig concern are described in the relevaiit sections of this report. 10
ort of the Inde endent Auditors to the Members of South Belfast Sure Start Other information The Irustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements aiid our Report of the Independent Auditors thereon. Our opinion oli tl)e financial stateinents does not cover the otlier inforination and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Iii connectioii with our audit of the financial statements, our responsibility is to read the other inforination arid, in doiiig so, consider wliether the other inforinatioii is materially inconsistent witli the finaiicial stateinents or our knowledge obtaii)ed in the audit or otherwise appears to be materially misstated. If we identify siich Inaterial inconsistencies or apparent material misstatemenls, we are required to deterinine wlietlier tliis gives rise to a Inaterial Inisstaleiiienl in the finaiicial statemeiits tlieinselves. If, based on tlie work we liave perforined, we coiiclude Ihat ihere is a material misstatement of tliis otlier inforination, we are required to report that fact. We liave notliiilgy to report iii tliis regard. Opinions on other matters prescribed by the Companies Acl 2006 In our opiiiion, based oli the work undertaken in the course of ihe audit.. tlie iiiforination giveii in tlie Report of the Trustees for Ihe finaiicial year for which tlie finaiicial slateiiieiits are prepared is coiisisteiit willi tlie finaiicial stateineiits; aiid the Report of the Trustees has beeii prepared iii accordaiice witli applicable legal requireinenls. Matters on which we are required to report by cxception In the light of tlie knowledgie and understai)ding of the charitable coinpany and its environinent obtaiiied in tlie course of tlie audit, we have not identi fied material Inisslateineiits ii) tlie Report of tlie Triistees. We liave iiotli iiig to report in respect of tlie fol lowing matters where the Coinpanies Act 2006 requires us to report to yoii i t", iii our opiiiion.. adeqiiate iiccoiinting records have not been kept or retiiriis adequate for our audii have not been received froln branches Iiot visited by us. or tlie finaiicial stateinents are not iii agreement witli the accouiitiiig records and returiis. or certaiii disclosures of trustees, reinuneration spec ified by law are not Inade. or we liave iiot received all tlie inforinatioii and explanalioiis we require for OLir aud it. or the triistees were not entitled to take advantagye of tlie sinal I coinpaiiies exeinption froin tlie reqLiireinent to prepare a Strategic Report or iii prepariiig7 tlie Report of tlie Triislees. Responsibilities of trustees As explained more fully in tlie Statement of Trustees, Responsibilities, the triistees (who are also tlie d irectors of the charitable coinpany for tlie purposes of coinpaiiy law) are responsible for tlie preparation of the financial staleineiits and for being satisfied tliat they give a true and fair view, and for sucli internal coiitrol as the trustees deterinine is necessary to enable tlie preparatioii of financial stateinents tliat are free froiii inaterial Jnisstateirent, whelher due to fraud or error. In preparing the financial statements, the trustees are responsible for assessiiig the charitable coinpany's ability to coiitiiiue as a going concern, disclosing, as applicable, matters related to going concern and usiiig tlie going concerii basis of accouiitiiig unless the trustees eillier intend to liqu idate the charitable coinpaiiy or to cease operations, or liave no realistic alternative but to do so.
ort of the Inde endent Auditors to the Members of South Belfast Sure Start Our responsibilities for the audit of the financial statements Our objectives are to obtaiii reasoiiable assurance about wliether the financial stateinents as a wliole are free from material Inisstateinent, whether due to fraud or error, and to issiie a Report ot tlie Independeiit Auditors that iiicliides our opinion. Reasonable assurance is a higli level of assiirance, but is not a guaraiitee that an audit coiiducted in accordance with ISAS (UK) will always detect a material misstatement wlien it exists. Misstatemeiits cali arise from fraLid or error and are cons idered illaterial if, individual ly or in tlie aggregate, they Coiild reasonably be expected to influence the economic decisions of users taken on the basis of these financial stateineiits. The extent to which our procedures are capable of dete¢tiiig irregularities, including fraiid is detailed below.. Irregularilies, including fraud, are iiistai)ces of iion-coimpliance with laws and regulations. We design procediires in line with our responsibilities, outlined above, to detect Inaterial Inisslateinents in respect of irregiilai'ities, incliidiiig fraud. Iii particiilar, we looked at ivliere Inaiiageineiit Imade subjective j Lidgeiiieiits, for exainple iii respcct of accountingy estiinates ihal iiivolved Inakingi assuinptioiis aiid coiisidei'iiig future eveiils tliat are iiiliereiitly iincertaiii. We also coiisidered poleiitial fiiiancial or other pressures, opportuiiity ai)d iiiotivatioiis for fraud. As part of tliis disciissioii, we identified the inleriial controls established to mitigate risks relaled to fraud or iion-coinpliaiice with laws and regulations and how maiiageinenl iiionitor these processes. Appropriate procedures included the review ai)d lestiiig of Inaniial joiiriials aiid key estiinates and j iidgemeiits Inade by Inanagyeineiit for risk of fraud, Based on our iinderstandiiig of tlie coinpany aiid iiidLlStry, we idenlified tlie priiicipal risks of iioii-coinpl iaiice witli laws aiid reg7iilations as those tliat have a direct iinpact oli Ilie deteriiiiiialioii of Inalerial amouiits aiid d isclosures in tl)e finaiicial stateineiits. We evaliiated Inanagyeiiient's inceiitives and opporlLlllities for fraudiilent Inaiiipiilatioii of the finaiicial stateiiieiits ciiid ideiitified the greatest poteiitial for fraud. We coiniiiLinicated ilie ideiitified laws aild re&yLilations IlirouLFhoiit tlie aud it teain and reinained alerl lo aiiy iiidicatioiis of iion-coinpl iaiice ihroiigphout tlie aiidit. Audit procediires perforined iiicluded. but were iiot liinited to: Discussions with Inaiiagyeiiient includii)g consideratioii of known or suspected instai)ces of iion-coinpl iaiice with laws and regulation and fraiid; Reviewiiig the finaiicial statement disclosures aiid testing to supportiilg dociimentatioii. Review of board Ineeting minutes of those charged witli goveriiance. In addressing the risk of fraud through Iraiiageinent override of coiilrols, testing tlie appropriateness of journal eiitries and other adjustinents. As part of an alidit in accordance with ISAS (UK), we exercise professional judgmeiil and Inaintain professional scepticisin throughout the audit. We also:. Identify and assess the risks of material Inisstateinent of the financial statemeiits, whetlier due to fraud or error, design and perforin audit procedures responsive to those risks, aiid obtain audit evideiice tliat is sufficienl aiid appropriate to provide a basis for our opinioii. The risk of not detectiiig a material Inisstateineiit resulting from fraud is liigher tlian for one resulting from error, as fraud Inay iiivolve collusioii, forgery, iiiteiitional oinissions, Inisrepresentatioiis, or tlie override of internal control. Obtain an understanding of interiial control relevai)t to tlie audit iii order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveiiess of the charities iiiternal control. 12
ort of the In(le endent Auditors to the Members of Soutli Belfast Surc Start Evaluate tlie appropriateness of accounting policies used and the reasonableness of accoui)ting estimates and related disclosures made by the trustees. Perforin analytical procedures to identify any unusual or uiiexpected relationships that may indicale risks of iiiaterial iiiisstateineiit due to fraud or error. Conclude on the appropriateness of the trustees, use of the going concern basis of accounting and based on the audit evideiice obtained, wliether a material uncerlainty exists related to events or conditioiis that may cast signi ficaiit doiibt on the cliarities ability to conlinue as a goiiig coiicern. If we coiiclLide tliat a Inaterial uiicertaiiity exists, we are required to draw attentioll ill OLir aiiditor's report to the related disclosiires in the finaiicial stateineiits or, if such disclosLires are iiiadequate, lo Imod ity our opinion. Our coiiclusioiis are based oli the audit evideiice obtained up to tlie date of our auditor's report. However, future eveiits or conditioiis Inay cause tlie charity to cease to continue as a going concern. Evaliiate tlie overall preseiitatioii, structure, aiid conteiil of tlie finaiicial stateineiils, iiicludiiig tlie disclosures aiid wlietlier the finaiicial stateineiils represeiit tlie underlying traiisactioiis aiid eveiits iii a Inaniier tliat acliieves fair preseiitation. We cominunicate witli tl)ose cliarged with governance regardiiig, ainong other Inatlers, tlie plaiined scope aiid tiining of the audit aiid sigiiificant audit findiiigs, iiiclud ing sigiiificaiit deficieijcies iii interiial control that we ideiilify during our aud it. A fiirtlier description of oiir responsibilities for the aiidit of the finaiicial slateinents is located oli tlie Finaiic ial Rei)ortiiiL Coiiiici I's website at www.trc.oi'gF.uk/aLiditorsrcspoiisibil ities. Tliis desci'iptioii fornis pal't of OLir Report of tl)e Independeiit Audilors. Use of our report Tliis reporl is Inade solely to tlie cliaritable coiiipaiiy's Ineiiibers, as a body, in accordance willi Cliapler 3 of Part 16 of ihe Coinpaiiies Act 2006. Our audit work lias beeii iiiidertaken so tlial we inig7lit stlc te to the cli<orilable Loiiipaiiy's Ineinbers tliose Inalters we are reqii ired lo state lo tliein in ali il Liditors, rcport aiid for no otlier PLI pose. To tlie fiillest exleiit perinilted by law, we do not accept or assuiiie respoiisibility to aiiyoiie otlier tli I tlie charitable coinpany and the charitable coinpaiiy's Ineinbers as a body, for our aiid it work, for this rep or for tlie opii)ions we liave forined. Billy Drake iiior Statutory Auditor) for and oii belia f of Lyiiii Drake & Co Ltd Statutory Auditors I st Floor 34 B-D Main Street Moira Co. Arinagh BT67 OLE 28 Septeinber 2023 13