INDEPENDENT AUDITORS, REPORT to the Members of Depaul Northern Ireland IA company Ilmlted by gu•rant¢e, not havlng a share capital) REPORT ON THE AUDIT OF THE FINANCIAL STATEMENTS Oplnlon We have audited the financial statements of DePaul Northem Ireland (the 'Company') for the year ended 31 December 2023, which comprise the Statement of Financial Activities, the Balance Sheet, the Statement of Cash Flows and the related notes to the financial statements, including a summary of significant accounting policies. The rinancial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102"The Financial Reporting Standard applicable in the UK and Republic of Ireland" and Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with FRS 102. In our opinion, the accompanying financial statements.. give a true and fair view of the assets, liabilities and financial position of the Company as at 31 December 2023 and of its net movement in funds for the year then ended., have been properly prepared in accordance with Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland. and in accordanca with the Ststement of Recommended Practice 'Accounting and Reporting by Charities. and have been property prepared in accordance with the requirements of the Compani8s Act 2006 and Charities Act {Northern Ireland) 2008. Basls for Oplnlon We conducted our audit in accordance with International Standards on Auditing (UK) IISAS IUK}) and appllcable law. Our responsibilities under Ihose standards are further described in the Auditors, responslbllilles for the audit of the financial statements section ofour report. We are independent ofthe Company in accordance with the ethical r8quirements that are relevant to our audit of financial statements in UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethiGal responsibilities in accordance with these requirements. We belleve that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basls for our oplnlon. Concluslons Relatlng to Golng Concern In auditing the financial statements, we have concluded that the Trustees, use of the golng concem basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed. we have not Identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubl on the company's ability to continue as a going concem for a pariod of at least e1ve months from when the financial statements are authorised for Issue. Our responsibilities and the responsibilities of the Trustees with respect to going conc8rn ar8 d8scribed in the relevant sections of thls report. Other Infomiatlon The Trustees are responsible for the other information. The other information comprt5e5 the information Included in the Annual Report, other Ihan the financial statements and our Auditors, Report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated In our report, we do not expre55 any form of assurance conclusion thereon. In Gonnection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other infomiation is materially inconsistent with the financial statements or our knowledge obtained in the audit or otheTWiSe appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required lo determine whether there is a material misstatement in the finanGial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this olher information, we are required to report that fact. We have nothing to report in this regard. 13
INDEPENDENT AUDITORS, REPORT to the Members of Depaul Northern Ireland IA Company Ilmlted by guarantea. not having a $har8 capltalj Oplnion on the Other Matters Prescrlbed by the Companies Act 2006 Based solely on the work undertaken in the course of the audit, we report that.. in our opinion, the information given in the Trustees, Annual Report is consistent wilh the financial statements., and in our opinion, the Trustees, Annual Report has been prepared in accordance with applicable legal requlrements. We have obta5ned all the Informalion and explanations which we consider necessary for the purposes of our audit. In our opinion the accounting records ofthe Company were sufficient to permit the financial stalements to b8 r6adily and properly audited, and the financial statements are in agreement with the accounting records. Matters on Whlch We Are Requlred to Report by Exceptlon Based on the knowledge and understanding of the Company and its environment obtained in the course of the audit, we have not identified material mi5Statements in the Trustees, Annual Report. We have nothing to report in respect of the followlng matters where the Companies Act 2006 and the Charities (Accounts and R8POrts} Regulations (Northern Ireland) 2015 requires us to report to you if, in our opinion- adequate accounting records have not been kept. or the financial statements are not in agreement with the accountlng records and r8tums,' or certain disclosures of Trustees, remuneration specified by law are not made., or we have not received all lh8 information and explanations we r8quire for our audit., or the Trustees were not enlitled to prepare the finanGial statements in accordance with the small companies regime and take advantage of the small companies, exemption in preparing the Trustees, Annual Report. Responsibilities of Trustees for the Flnancial Statements As explained more fully in the Statement of Trustees, Responsibililies. the Trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the Trustees determine is necessary to enable Ihe preparalion of financial statements that are free from material misstatement. whether due to fraud or error. In preparing the financlal ststements, the Trustees are responsible for assessing the Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the management either intends to liquidate the Company or to Cease operations, or has no realistic alternatlve but to do so. Audltor8' Responslbllltles for the Audit of the Flnan¢lal Statements We have been appointed as auditor under section 65(2) of the Charilies Act (Northern Ireland) 2008 and report in accordance with Ihe Act and relevant regulations made or having effect ther&under. Our objectives are to obtain reasonable assurance about whether the financial stalements as a whole are free from material misstatement, whether due to fraud or error. and to issue an Auditors, Report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audlt conduded in accordance with ISAS (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, includlng fraud. The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below. 14
INDEPENDENT AUDITORS, REPORT
to the Members of Depaul Northern Ireland
(A company Ilmiled by guarantèe, not havlng a share capltall
Extent to whlch the audit was consldered capable of detectlng irregularltles, Includlng fraud
Irregularities, including fraud. are instances of non-compliance with laws and regulations. We identlfied and
assessed the risks of material misstatement of the financial statements from irregularili8s. whether due to fraud or
error, and discussed these between our audit team members. We then designed and performed audlt procedures
responsive to those risks, including obtaining audit evidence sufficient and appropriate to provide a basis for our
opinion.
We obtained an understanding of the legal and regulatory frameworks within which the charity operates, focusing
on those laws and regulations that have a clirect effect on the determination of material amounts and disclosures
in the financial slatemenls. We assessed the required compliance with these law5 and regulations as part of our
audit procedures on the related financial statement items. In additlon, we considered provisions of other laws and
regulations that do not have a direct effect on the financial statements but compliance with which might be
fundamental to the charity's ability to operate or to avoid a material penalty. We also considered the opportunities
and incenlives that may exist within the charity for fraud.
Auditlng standards limil the required audit procedures to identify non-compliance with these laws and regulations
to enquiry of the directors and other management and inspection of regulatory and legal corresponden, if any.
We identified the greatest risk of material impact on the financial statements from irregularitles, including fraud, to
be within the timing and completeness of recognitlon ol grant and contract income and major donations and the
override of controls by management. Our audit procedures to respond to these risks included enquiries of
management and the Audit Committee about their own identification and assessment of the risks of irregularities.
testing of a sample oftransaclions againstthe terms ofthe funding agreements and the requirement ofthe Charities
SORP (FRS102), sample testing on the posting ofjournals, reviewing accounting estlmates for biases and reading
minutes of meetings of thos8 charged with governance.
Owing to the inherent limitations of an audit, there Is an unavoidable risk that we may not have detected some
material misstatements in the financial statements, even though we have properly planned and performed our audit
in accordance with auditing standards. In addition, as with any audit. there remained a highér risk of non-deteclion
of irregular(ties, as these may involve collusion, forgery, intentional omissions, mlsrepresentstions or the override
of intemal controls. We are not responsible for preventing non-compliance and cannot be expected to detect non-
compliance wilh all laws and regulations.
A further descriptlon of our responslbllities for the audit of the financial statements is located on the Financial
Reporting Council's website at..