THE ILAIiMONY COMMUNITY TRUST INDEPENDENT ALI)ITORYS REPORT TO THE MEMBERS OF THE HARMONY COMMUNITY TRUST Opinion We have audited the fitwicial staiements of The Harnlony Cottmunity Trust (the 'chariTable company,) for the year ended 31 March 2023 whicb comprise the Statemellt of Financial Activities. the balance sheet and notes to the fjnancial ststements, including a summary of significant accounting policies. The financial reporting frameworkthath&s been applied in theirpreparation is applicable law andunited Kingdom Accounting Standards, including FinanciaI Reportfing Standard 102 The Fin¢ThcialReporting Standardapplicable in the UKandRepublic ofIreland (Unrted Kingdom Geaerally Accepted Accounting Pra¢tice}. This reportis made solely to the ¢harttable company's tNstees. as abody, in cordanCe with Part4 ofthe Charities (Accounts and Reports) RegulatiODS (Northern Ireland) 2015. Our audit work h&% beeD undertaken so that we might State to the charitable ¢ornpany's IneeS those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent perniitted by law. we do not ac¢ept or assume responsibility to anyone otheT thatl the charitable Company arjd the charitable cornpany's trustees as a bo&y. for our audit worK for this reporL or for the opinions we have fonned. In our opillion the financial statements.. give a tNe and fair view of the state of the clwitable company's affairs as at 31 March 2023. atld of its totaI incorning resources and expenditure of resources. ]nedIng its income and expendtture, for the year then ende(L' have been properly wepaTed in accordance with United Kingdotn Genernlly Accepted Accounting Practice" have Eeen prepared in accordance with tbe requirements of the Companies Act 2006. B18 for opinion We condu¢ted our audit in accordance with Jnternational Stsmdards on Auditing (UK) OSA5 (UK)) and applicable law. Our responsibilities under those Standards are furtheT described in the Auditor's responsililities for the audtt of the fanCIal statements section of our report. We are independent of the chaTitable company in accordance with the ethi¢al r¢quTren]ents tbat are relevant to our audit of the fmancial statements in the UK including the FRC'S Ethical Standard, alld we hav¢ fulfilled ow other ethical responsilyiIities in accordance with these requirements. We believe that the audit evidence we have obtsined is Sufficient and appTOPTiat¢ to provide a basis for OUT opinion. Material uncertainty relation to going concern We draw attention to not¢ 1.1 of the financial statemeDts. which indicates that the charitable company illcu¢d Det outgoing resources of £56.484 during the yearended 31 March 2023 and that the charitable company's current liabilities exceeded its current ass¢ts by £18.556. As stated in note l. l the charitable company had cuts to their t allocations post year end resulting in a loss of funding of over £IOO.000. As stated in note 1.1. these events or ¢onditioDs along with otheT matters set out in note 1.1 indicate that a rnatertal uncertainty exists that may c&5t doubt on tb¢ company's ability to continue &8 a going concern. Our opinion is not modifIed in respett of this Matter. Other information The trustees are responsible for the other information. The other infonnation comprises the inforniation included in the tntee$, allnual repoTL Other than the financial statements and our auditor's report thereon. Our opinion on the financial Statements does not cover the other iDfottrJation an¢ except to the exrent otherwise explicitly stated in ourreport, we do Dot express any forn] of assurance conclusion there¢)n. In connectiotL with our audit of the f]nanciaI sÉat¢ments, our responsiljility is to read the other inforniation all in doing so, Consider whether the other infonnatton is materially inconsisiellt with the fitwicial statements or our knowledge obtained in the audit OT otherwi5¢ appears to be materially rnisstate¢L If we identify sucb material inconsisren¢ie5 or apparent rnaterial MIateents, we are required to detertnitle whether there is a material misstatement in the fllwicial 5tatement5 or a material misstatement ofthe other information. If, b&8ed on the work we have performe( we conclude that there is a material rnisstatement of dLiS other infortrlation, we are requir¢d to report that fact. We have nothing to report in thi5 regard.
THE HARMONY COMMtll%TfY TRUST ILNDEPENDENT ALIToR's REPORT TO THE MEMBERS OF THE HARMONY COMTrtUNITY TRUST (coNrINruED) Matters on which we are required to report by eieeption We have tLOthing to Teport in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations (Northern treland) 2015 require us to report to you if. in our opitlton: the infonnation given in the financiaI statements is inconsistent in any tnaterial Tespect with the trustees, the charitable ¢ompany has not kept adequate accounting records: or the fin8J]cial statements are not in agreement with the accouDtiDg records and retUrn5' or we have Dot received ail the inforn]ation and expEanations we require for our audit. Ruponsibilities of trustees As explained more fillly in the trustees, responsil)ilities statement set out on page 6 the trustse5 (who are also the directors of the chatitsble company for the purposes of company law) are rcSEX)nsible for the preparation of the finallcial statements and for being satisfied that tbey give a true and fair view. and foT such internal control as the trustees detemine is necessary to enable the preparatii)n of financial statements that are from ttlaterial mis5tatemenL whether due to fraud or error. In preparing the fmancial statements. the trustees are rc5PODsible for &5sessing the ¢haTitable company's ability to continue as a going concenL disclosing. &s applicable. matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable copanY or to cease operations. or have no realistic alternative but to do so. Auditor's responsibilities for the audit of the fJnaDcial statements We have been appointed as auditor under section 65(3)(b) of the ChaTities Act (Northern Ireland) 2008 and report in accordance with regulatiODS made under section 66 of that Act. Our objectives are to obtain rOllable assuratLce about whether the fmancial statements as a whole are free from terIal misstatenenL whether due to fraud or error. and to issue an auditor's report that includes our OPiDiOn. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordauce with ISAS (UK) will always delect a material mtsstatement when it exists. Misstatements cam arise frorn fraud or eor and are considered material if. tndividually or in the aggTegate, they could reasonably expected to infiuence the economi¢ decisions of users taken on the basis of these financtat statements. Irregularities, iucludÈDg frau4 are iDStances of non-compliance wtth laws and regulations. We design PTo¢edures in line with our responsibilities, outlined above. to detect matertal mi55tstements in respect of irregularities, including frdU(L The extent to which our procedures are capable of detecttllg ]egUlarIties. including fraud is detailed below: We considered the oppOltieS and incentives that may exist within the OTganisati(m for fraud and identified the greatest potential for fraud in relation to revenue recogoitiotL In common with alt audits under ISA5 (UK). we are also requiTed to perfornl specific pmcedures to respond to the risk of management oVeide. We also obtained an understanding of the legal and regulatory frameworks that the Charttabl¢ Company operates I focusing OL provisions of those laws and reglllatioDS that had a direct effect on the detern1110ll of material arnounts and disclosures in the fmancial statements. The key laws and regulations we considered in this context included the UK Companies Act and local t&x legislation. In additio we consideredprovisions of other laws and regulations that do nothave a dTrect effect on the f]nancial statements but compliance with which may be fimdamental to the Charitable coPanY'S ability to operate or to avoid a material penalty.
THE HARMONY COMMUNITY TRUST INDEPEElr AUDITOR'S REPORT TO THE MEMBERS OF THE HARMONY colNIuNITy TRUST (COIITINUED) Auditors. responsibilities for the audit ofthe fmaneial st2t¢m¢Dts- continued Our procedures to respond to risks identified included the following: reviewing the financial statement disclosures and testing to supporting doGum¢ntation to assess compliance with provisions ofr¢levant laws andreguIations descrtbed as having a direct effect onthe fmancial statements" enquiring of management and external legal counsel coneerniDg actuaI and potential litigation and claims; perfontLing allalytical procedures io identify any unusual or unexpected relationships tbat may indicate risks of material MISStatent due to fraud. reading minutes of meetÈngs of those charged with governance" obtained all understADding of provisions and held disc5S1ons wifh management to understand the basis of recoltI0 or nOn-reCogltioll of tax provisions. and in addressing the risk of fraud through llLatw¢tuent OVaTide ofcontro]s. testingthe appropriatenes5 ofjourDal ¢ntries and other adju8ttllents' assessing whether the JUdgents made in makiug accounting estimates are indicative of a potential bias. and evaLuatiDg the bInesS rdtionale of any Si1ficallt traCtionS that are unusual or outside the normal ¢ouFse of business. We also communicated relevant identified laws and Tegulatt'ons and potential fraud risks to all engagement team merllbers aad remained alert to any indications of fraud or noncompliance with law5 and regulations througbout the audiL Because of the inherent limitations of an audtt. there is a risk lIt we will nor detect all irTegularities, including those leading to a material misstatejnent in the financial stst¢m¢nts or non-compliance with regulation. This risk increases the more that compliance with a ]aw or regulation is removed from the events andtransactions reflected in the [tt¢18[ statellLents, as we will be less ]ikely to become aware of instances of non-compliaDce. The risk is also gTcater regarding irregularities occurring due to fraud rather thall error, &s fraud involves inEntional concea]ment. forgery, collusion, omission or misrepresentation. A fjjrther descriptioD of our rPOnSIbl11tieS for the audtt of th¢ fitLancial statements is lo¢at¢d on th¢ Financial Reporting Council's website at: www.frc.org.uklauditorsresponsibiIities. Thi5 description fonDs part of our auditor's reporL Use of our report This report is made solely to the company's mernbeTS. as a body, in accoTdance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work bas been undertaken so thatwe might state to the company's members those atters we are required to state to them iu a Report of the Auditors and for no other PUTpose. To the lIest extent pennitted by law, we do not accept or assume responsibility to anyone 01her than the company and the company's members as a b(xly, for our audit work. for thi5 repo¢ OT for the opinions we have fom]e Eimear Broivn (SeniorSiathioryAudlior) for and oll behalf of Baker Tilly Mooney Moore Registered Auditor 17 Clarendon Road Clarendon Dock Be]fast BTI 3BG Date.. io