CinemagiG Limited Company Limited by Guarantee Independent Auditorfs Reporl to the Members of Clnemagic Limlted Year ended 31 March 2024 Oplnlon We have audlted Ihe financial slatements of Clnernagic Llmited (the 'charily'> for the year ended 31 March 2024 whlch comprise the statement of ￿nanCIal actlvltles (includlng income and expendllur8 account), stalemenl of Ilnancial posltk)n and the felated noles. including a summary of signlllcanl accournling policies. The financial reporting ffamework that has been epplied in Ilieir Pfeparation 1$ appllcable law al￿ united Kingdom Accounling Standards, includlng FRS 102 The Financlal Reporting siandard appllcable in Ihe UK and Republt of Ireland (Unil8d Kingdr)m Generally Accepted Accounling Practice). In our opIn￿n thè IlnaneAal stat8ments: glve a true and fair view of the slate of the chaiws affairs as at 31 March 2024 gnd of its incoming resources and apE￿iCatiOn of resoLwce5. including its income exp￿ditUTe, for the year then ended., have been propefly prepared In a¢￿dance wllh UThted bI and appllcable law. Our responsibilities under Ihose standards are further descfibed in Ihe auditorfs respcnsibililies for the audit of the financial stal￿eTrts section of oui report, We are independent of Ihe charity in accordance wlth the elhical requiremenls that are relevant to our audit of the financial statements in Ihe UK, including the FRC'S Ethical Standard, and we have full￿led our other elhical responsibllilie8 in a¢cordan¢e wlth these requirements. We balleve that the audit widence we have ob¢alned Is sufficient and appropriala to provide a basis lor our oplnlon. Concluslon8 relatlng to golng concem In auditing the financial statements. we have conclLMled that the trustees. use of the golng concern basis of accounting In the preparatiorb of the financial 5tstements 15 appropriate. Based on Ihe work we have perfomed. we have not hJeTrtified any matorlal uncertalnties relating lo events or conditions Ihal. individu¥lly or colbclivdy. may cast significant doubt on the charivs ability lo continue as a going ¢oncem for a pericd of at least trlelve nTh)nths from when the ￿et￿la1 statements aR authorise(I for iswe. Our responsibilitie8 artd Ihe r8sponsibilrties of ihe trustees wilh r8spÈd lo going conc*rn arè described th8 relevanl sactions of Ihis roport. 11 Cinemagic Limited Company Limited by Guarante• Independent Auditor's Report to the Members of Cinemagic Llmited fGontlnuodJ Year ended 31 March 2024 Olher Inforniatlon The Other Information comprlses the infonnation thCl￿ded in the annual report, other than the financlal 8tatemenls and our auditor's report thereon. The truslees are responsible fcir the olhèr Informallon. OUY oplnlon on the financlal statements dc￿ not cover thé oiher Informatlon and, excepi lo the 6xl8nl otherwlse explicitly stated In ow report. W￿ do express any foTm of assurance conclusion th¢reon. In ￿￿neCtIOn our audit of the financial statements, OLY res[K)nsi￿lltY is to read the other nforrhalion artd, in doln9 so, conildér whelhèr the othèr infonknation is matérially inconsistent wilh Ihe nnanclal siatemènls c* tsur krKMlÈdge obtainéd in thé audit or otheThvlse app88tÈ to b8 rnatÉrially misstaièd. If we idèntify such materlal inconsi8t8ncies Or apparenl material mi88latèmént8, wè aré rèquired to dotermir* whelher there Is a materlal mlsstatemont in lh8 ffinattclal slatem8nls or a material mlsstatement of the othgr infoTmation. If, based on thè work wè have performed, w8 condude Ihal thère is a mal8rial misstalemènt ￿ t￿"S olhor informats'on, w8 are requlred lo rÈport that fact, We have nothing to report In Ihis regard. OplnloTh8 on oth•r mait•rs pr•scrfb•d by th• Compan1￿ Aet 2006 In our opinion, basèd on thè work undÉrtaken ￿L￿5é crf tho audl: the Informallon given in the tnJslees' report f¢x the financial year for whlch the financi81 slatements are prepared is consislent wilh the ffinanclal slatements. and Ihe Irusiees. report has been prepared In accordance wllh applicable legal requlrements. Mattor5 on whlch we are requlrnd to reporl by exceptlon In tha light of the knowledge ar￿ unders￿ding of the charity and ils environment obtained In the course of the audit we have not Mlentified rThqIer￿I misstatements in the Irustees, report. We have nothing to report In respect of the follo¥Mng mtt6r8 in relatlon ts whlch Ihe Cornpanlas Act 2006 fequir88 us lo report to you rf, in our (¥>uiion: adequale acGwnting rpcords have not k8Pt, or r8turrb5 adequate for our audlt have rK>t boen rècÉlv8d from blanches not vistiÈd by ￿., or the financial stslements we not in agreemenl wtlh the accounting records and retUm5: or C8rt8ln disc108Uf8s of trustèès. remuneraticm speufied by law are nol made,. or we have not recelved all Informallon 3nd explarbatiorts we requlr8 fDr our audit: or the tfustees were not entitled io prepare Ihe linwdal slalements in accordance wlth the Small companies regime and take advantsge ot the srnall companies, exemptions in preparing the dlredors, rep(xi and from the requirement to prepwe a Strateg￿ reporL 12 CinemagiG Limited Company Limlted by Guarantee Indopendent Auditor's Report to the Memlxrs of Cinemagic Limlted fconllnu•dJ Year ended 31 MarGh 2024 Responslbllltlos of trustee As explalnèd more fully In the Iruslees. responsyl Jlllties statement, the Ifustees (who afe also Ihe dir8Ctor8 lor Ihe purposes of company law) are responsible lor thé preparation of the financlal $iat6ments and for belng satlsfied thal théy 9ive a Irue and fatr view. and for such intomal control as Ihe trustees detefmine is necas88ry to enable Ihe prepwation of financbl statemenls Ihat are free from material mlsslalement, whether due lo Iraud or error. In preparln9 thè fiftanclal statèmonts, Ihe trust80s a￿ rèsponsible for assessing Iht charlty's ability to oonlinue É8 a going concem, disclosing, as app￿cable, mattèrs related io going concem and using thè going concèm basis of accountlng unless thè Iru8lee8 èither intend to Ilquidat8 the chaAty or to ceasè opbralions, or havé no realisllc alterr￿lIve bul to do so. Auditorfs respoThsibilitles for the audlt of the finandal statements Our obleclives are to oblain reasonable assurartt about whelMr the financial slalemenls as a ￿)01e are ffee from material misslalemenl. whelhef due to Ifaud or effor, and lo issue an auditor's report that ncludes our opinlon. Reasonable assurance is a high level of assuiance, bul is not a guaranlee thal an authl conducled in accordance with ISAS (UK> wil alytsys detect a malerial misstatement when il exlsts. Mi55tatements can arise Irorn fraud or effor and are considered malerlal if, indlvidually or In the gggregate. they could reasonably be expected to influence the economic decisions of users taken orb Ihe basis of these financial ststements. Irr8gulariiie8. induding iraud, are Instsn¢es DI non-comptiance with laws and r8gul8lion8. We doslgn Procedures in lin8 with our responsibllities, outlined above. lo det8cl material misslaternenls in respect of 1rr8gularlll8s, induding fraud, The 8Xt8nt lo vthlch our procedure8 are capabl8 of delecti Srregularllles. incluthng fraud is detailed belovr. We oblalned an under51anding of Ihe legal and regulatory framework appllcable to the Company through enqulry of managernent, industry research and thè applicalion of cumulative audil knowledgè. Wé Id8nllfied the followlThJ princlpal laws and régulation5 relevant to the Company - Compani85 Act 2006 and the Finartial Reporbng Slandard applicable Irb the UK and Republic of Ireland (FRS 102). We developgd an undwstanding of the key fraud Tisks to the entity fin¢luding how Iraud might occur). the controls in pla￿ to help mitigate those risks, and the accou[￿5. balances and disclosures withln the finanoal slatemenls which may be susceptible to management bias. Our understandlng was obtained through review of the finanoal slatements for significant accounling esthmates, ar￿lysIS of Journal entries. walklhrough of the key control cycles in pLace and enquiry of management. As part of an audit in accordance with ISAS (UKI, we exs¥dse professional judgment and maintsirb professlonal sceplicism throu￿0￿1 Uie audit. We also: Identlfy and assess the risks of makrial mlsstalement of the financial &tatemenls. wholher due to fraud or error, desi9n and porform audil procedurÈs rè8ponsive lo those riskÈ, and ob181n audit 8vld6no8 ihal bs sufficienl and apFYopriaL8 to provide a bas18 for otxnpjn, Th8 rlsk of not d8tÈcllng a malètial Miss￿leMen1 resvling from fraud is high8r than lor on8 resullin9 l¢om efror, as ftaud may involv8 coHusion, f(￿ry. ifbtèrrtitinal omisslon8. misr8présèfitations, or thè ovèrride f intamal control. Obtaln an understanding of inlemal control relevant to the audil in order lo de5igll audit procedures that are appropriate in the circumstances, not for the purpose ol expressing a opinion on the effeGtiv8nv55 of Ihe intemal control. 13 Cinemagic Limited Company LIMft￿ by Guarantee Independent Audltorfs Report to Ihe Members of Cinemagic Llmlted feOntIn￿dj Year ended 31 March 2024 Evoluale th8 appfoprialertess of accourtthg poilcl8s Lwd the reasonableness of At￿UntIng 8s￿rnateS and relaled disclosures made by the Iruslees. Conclude on the appropriateness of the INslees' use of Ihe gorng concem ba515 of arxounting and. based on Ihe audit evidenGe obtained, whether a mat8rial uncertainty exists relaled to events or (xjndltiorks that rnay casl signlflcant doubt on Ihe Cha￿ty'S ability to contlnue as a golng concern. If we condude thal a material uncertainty exisls. we are required to draw allention in our audilor's report to Ihe related disdosures in the financial 5talemenls or, If such d1sGk￿ur?S are inadequate. lo modfy our opinion. Ow coTrclu5ions are based on the audit evidence obtained up to the date of our auditorfs report. However, fvlure events or condhi￿$ may cause th8 charity lo ceasé to o)ntinue as a goln9 Contem. Evaluate the over411 pres¢ntatlon'. slnKture arnd content.of the rH￿ncIal statements. Includlng the dlsclosures. and whether the flnan¢4al slatements represent the undeilylng iransacknoti$ 8nd events In a manner that achieves fair presentsliovy. We communlc8te those tharged wlth govemence regardlrva, among other matters. the planned scope and tlming of Ihe audil and signif￿an¢ audit findings. Induding any signlficgnl defKlencies In Inlemal control Ihal we Identify dLKin9 our audSt. Use of our report This report Is rnade 501ety to the charivs members, as a body, In accordanGe with Ch?pter 3 of Part 16 of Ihe Companies Acl 2008. Our audit wwk has been undertaken so thal we ffllghl State to the charStrfs members Ihose rnatters we are required to slate to them in an auditorfs report and for no other pu￿oSe. To the full851 exlent permllled by law. we do not accept or assijme responslblllty to yone olher than Ihe charfty and the charty's rnembers as a body. for ¢)ur audll work, for Ihis report, or for ihe oplnions we have for￿*d. Mr M FlannNJan (Senior Staluiory Authlfx) For and on behaK of . FEB Chartered AccoLmtanls Charlered accounl3nts & statutory audltor Linenhall Exchange 1st Floor. 26 Linenhan Street Belfast Northem Ireland BT2 88G 31 October 2024 14