Re ort of the Inde endent Auditors to th Member Arma h Rural Trans ort Ltd Opinion We have audited the financial statements of Annagh Rural Transport Ltd (the 'charitable company'l for the year ended 31 March 2023 which comprise the Statement of Financial Artivities. the Balance Sheet and notes to the financial ststements, ineluding a Summary of significant accounting policie5. The financlal reporting framework that has been applied in their preparation Is applicable law and United Kingdom Accounting stsndards Iunited Kingdom Generally Accepted Accounting Pratticel. In our opinion the financial statements.. give a true and fair view of the state of the charitable companvs affairs as at 31 March 2023 and of its incoming resour5 and application of $OUrces, including its income and expenditure, for the year then ended. have been properly prepared in accordance with United Kingdom Generalw Accepted Accounting Practice; and have been prepared in accordance with the requirements of the Companies Act 2006. Basis for opinion We Conducted our audit in accordance with International Standards on Auditing IUKI IISAS IUKII and applicable law. Our sponsibilities under those standards a further described in the Auditors, responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial ststements 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 sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going conr In auditing the financial statements, we have concluded that the trustees, use of the going concern 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 doubt on the Charitsble company's ability to continue as a going concern for period of at least Imelve months from when the financial statements are authorised frjr issue. Our responsibilities and the responsibilities of the trustees with respert to going concern are described in the relèvant settions of this report. Other information The trustees are responsible for the other inforniation. The other infomiation comprises the information included in the Annual ReporL Other than the financial statements and our Report of the Independent Auditors thereon. Our opinion on the financial statements does not cover the other information and. except to the extent othetwise explicitly stated in our reporL we do not express any fomi of assurance conclusion thereon. In connertion with our audit of the financial statements. our responsibility is to read the other infom)ation and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material incon51Stencies or apparent material misstatements, we are required to determine whether thi5 gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we a required to report that fact. We have nothing to pOrt in this regard. Opinlons on other matters prescribed by the Companies Act 2006 In our opinion, based on the work undertaken in the course of the audit-. the information given in the Report of the Trustees for the financial year for which the financial Statements a prepared is con515tent with the financial statemerrts- and the Report of the Trustees has been prepad in accordance with applicable legal requirements. Matters on which we are requlred to report by exception In the light of the knowledge and understanding of the charitsble company and its environment obtained in the course of the audit, we have not identified material misstatements in the Report of the Trustees. We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you rf, in our opinion-. adequate accounting records have not been kept or retums adequate for our audit have not been received from branches not visited by us- or the financial statement5 are rhot in agreement with the accounting records and returns. or certain disclosures of trustees, remuneration specified by law are not rnade. or we have not received all the information and explanations we require for our audit; or the trustees were not entitled to take advantsge of the small companies exemption from the requirement to prepare a Strategic Report or in preparingthe Report of the Trustees. Page 3
Re ort of the Inde en ent Auditors Arma h Rural Trans ort Ltd o the Member Responsibilities of trustees As explained more fully in the Statement of Trustees, Responsibilities, the trustees (who are also the direttors of the charitable company for the purposes of company lawl are responsible for the preparation of the financial statements and for being satisf5ed that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees a responsible for assessing the charitable company's ability to continue as a going COnrA, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so. Our responsibillties for the audit of the finandal statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS IUKI will always detert a material misstatement when it exists. Misstatemer)ts can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. A further description of our responsibilities for the audit of the financial statements is located on the Financi21 Reporting Council's website at www.frc.org.uklauditorsresponsibiltties. This description forms part of our Report of the Independent Auditors. Use of our report This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken $0 that we might state to the charitable company's members those matters we are quired to stste to them in an auditors, report and for no other purpose. To the fullest extent permitted by law. we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members a5 a body, for our audit work, for this reporL or for the opinions we have fomied. Robinson CA (Senior Statutory Auditor) for and on behalf of WHR Accountsnts Ltd Chartered Certified Accountsnts Statutory Auditors 56 English Street Armagh Co. Armagh BT617LG 14 June 2023 Page 4