ort of the Inde ¢ndent Auditors to the Trustees and Members of lin Nei hbourhood Sure Start Pro. Opinion We liave aLidited tlie finaiicial statemeiits of Colin Neighbourhood Sure Start Project (the 'charitable compaiiy,) for tlie year elided 31 Marcli 2024 whiLh comprise tlie Stateineiit of Financial Activities, the Stateineiit of Fiiiaiicial Position, the Statement of Casl) Flows and iiotes to the financial stateiiients, includiiig a suiiiniary of sigiiificaiit accoLllltiiig policies. Tlie financial reporting frainework tliat lias been applied in theii. i)I'epai-atioii is applicable law aiid Uii ited Kiiigdom Accounting Staiidards (United Kingdoni Generally Acceiited AccoLinting Pi'actice), iiicl udiiig financial Reporting Staiidai'd 102 '1'1ie Fiiiancial Repoi'ling Standai'd applicable iii tlie UK aiid Repliblic of Ireland,. Iii our opinion tlie finaii¢ial statements: give a ti'uc aiid fair view of tlie state of tlie chai'itable coinpany's affairs as at 31 Mai'cl) 2024 and of its iiicoiniiig I'esource5 and applicatioii of I'esaLlI'ces, iiiclLiding its incoine aiid expeiid iture, foi. the year theii elided. liave been properly prepared in accordaiice witli Unitcd Kingdoin Geneially Accepted Accoiiiiting E)ractice, iiicludiiig Fiiiai?Lial Reporting Stai)dai'd 102 The Financial Reportiiig Staiidard applicable iii tlie UK aiid Repiiblic of Ireland,; aiid have beeii prepared in accordaiice witli the requireinenls of tlie Companies Act 2006. Basi.8 foi" opiiiion We c<)iidiicted our aiidit in accordance witli Intei'natioiial .Standards oli Auditing (UK) (ISAS (UK)) and applicable law. Oui. I'espoiisibilities uiider tliose standards ai'¢ fui'ther described iii tlie Aiiditors, rcsponsibililies for tlie audit of the finhiicial stBtementS Section of our report. We are ind¢p¢ndent of lh¢ cliaritable coinpany iii accoi'daiice witli tlie etli ical requ ireincnts tliat are relevant to our audit of tlie finanLial stateinei)ts in tlie UK, incliiding tlie FRC'S Etliical Standard, and we Iiave fulfilled our otlier ethical respoiisibil itics in accoi'daiice witli il)e8e i-eqiiiremeiits. We believe that tlie audit evidei)ce we Iiave obtaiii¢d is siifficieiit and appropriate to provide a basis for our opinion. CoD¢luslons relating Éo going concern I li aiid itiiig tlie fiiiaiicial stateinents, wc have ciincluded tliat tli¢ trustees, u.%e of tlie going concern basis of accoiinting in tlie preparatioii of the fiiiaiicial stateinents is appropi'iatc. Ba.8ed on tlie work we liave pei'forined, wc liave iiot ideiitified aiiy iiiatei'ial Iin¢¢rlainties i'elatiiig to events oi, oiiditioiis tliat, ind ividLially or collectively, Inay L£isI sign ificaiit doLibl 011 tlie charitabl¢ coinpany's ability to coiitiiiuc as a goiiig coiicerii foi. a period of at ILdSt twelve Inoiitlis fi'oin wheii Ille financial 8tateinents are aLltlioi'ised foi. issue. Oui. respoiisibi lities and the i'espoiisibi l ities of tlie ti'ustccs willi I'espccl to goiiig coiicern al'e de.sci'ibed in tlie relevant sectioiis of this report. Other Information Tlie trLislees are respoiisible foi. tlie othei. iiiforination. Tlie otlier infoi'ination coinpi'ises tlie iiifoi'inalioii included in the Aniiual Report, other tlian the fiiiancial statcineiits aiid our Report of tlie Indep¢ndeiit Aiid itors tliei'eoii. Our opiiiion 011 tlie fiiiancial stateineiits does iiot Lover tlie oth¢r inforination and, except to the extent othei-wise expl icitly stated in our report, we do not express aiiy foi'iii of assuraiice conclusioii tliereon. Iii connectioii witli oiir audit of the fiiiaiicial statements, our I'esponsibility is to read the otlier informatioii and, in doing so, consider wliether ihe oih¢r iiiformation is Inaterially incun.sistent willi the finaiiLial stalements oi. our knowledge obtaiiicd in the audit or OlhL•rwise appears lo bc Inaierially misslatL'd. 11- wc identify siicli ITLat¢rial iiicoiisistencies oi. appareiil matei'ial misstatements, we al'e required to deteriniiie wliether tliis gives i'ise to a iiiaterial InisstaÉeinent in tlie fiiiancial stateinents tlieiiiselves. If, based on the work we hdve perforiDed, Nvc conclude tliat tliere is a material misstateinent of this other inforination, we are reqiiired to i'eport that fact. We Iiave nothing to report in tliis regard.
Re or of the Inde ent Auditors to t olin Nei hboui'hood Sure Stai't Pro. ect e Trustees and Ivjembers of Opinions on other matters preseribed by the Companies Act 2006 Iii oiir opinioii, based on the woi'k und¢rlak¢n iii the course of the audit.. tlie informatioii given iii the Report of tlie Ti'iistees for the fiiiaiicial yeai. for wliich tlie fiiiancial statemeiits are prepared is coiis istent with tlie fiiiancial 8tateiiieiit%' aiid tlie Repoi't of tlie Ti'ustees lias beeii pi'epared iii accordaiice witli applicable legal requirements. Matters on which we are required to report by exception Iii tlie l ight of tlie knowledge and iinderstand ing of tlie charitable coinpany aiid its environireiit obtaiiied iii tl)e coiirse of tlic aud it, we lidve 110t ide11tified Inaterial Inisstalemeiits in the Report of tlie Triislees. We have notli iiig to repoi't in respecl of the fol lowing Inatters where the Coinpanies Act 2006 reqiiires lis to report to you if, in our opiiiion.. adeqiiate aecouiiting I'ecoi'ds have not been kept or I'eturiis adequate foi. oiir aLidil Iiave not been received fi'oin bi'aiiclics iiot visited by lis. or tlie finaiicial stateinents are not in agi'eement witli the accounting records aiid retiiriis. or cerlaiii disclosures of ti'ustees, i'emiiiiei-atioii specified by law are iiot inade; or we liave not I'eceived all tlie iiiforination aiid explanations we requii'e for oiir audit. Responsibilltie5 of trustees As explaiiied Inoi'e t'ully iii the Statement of Trustees, Responsibilities, tlie triistees (wlio are also the d irectors of tlie charitable coinpany for tlie piirposes of compaiiy law) are responsible for tlie prepai'ation of tli¢ financial stateinents aiid for beiiig satisfied tliat they give a true aiid fair view, and for siicli iiiternal conti'ol as tlie trustces detcrinine is iiecessary to enable tlie prepai'atioii of fiiiancial stateinents tliat are free fi'oin Iiiatei'ial Inisstateineiit, whetlier due to fraud oi. ei'ror. Iii prepariiig tlie fiijaiicial stateineiits, tlie trustees arc I'espoiisible for assc55ing tlie cliai-itable coinpaiiy's abil ity to coiitinue as a goiiig coiicerii, d isclosiiig, as applicable, Inalters I'elatld to goiiig coiicerii aiid iisiiig tlie goiiig conLei'ii basi% of accountiiig lin less tlie trustees eitliei. inteiid lo l iqi5idate tlie Lliaritable coinpaiiy or to eease opei'ations, oi. have iio real islic altei'i)ative but to do so. 12
ort of the Inde N ' hbourho endent Auditors to the Trustees and Members of Our responsibilities for the audRt of the financial statements Our objectives are to obtaiii reas(Iiidble assurance about wlietlier tlie fiiiaiicial statements as a wliole are fl'ee fi-oin material tnisstatemeiit, whetliei. du¢ to fi-aud or eri'or, and to iSSLie a Report of the Iiidependent Auditors that iiicludes our opiiiion. Reasoiiable assui-aiice is a liigh level of assurance, bLIt is iiot a guarantee that an aLidit coiiducted iii accoi'dance witli ISAS (UK) will always detect a matei-ial Inisstatement wlien it exists. M isstatciii¢nts can arise fi'om fi-aiid or error aiid ar¢ Cuiisidered material it-, iiidividual ly or in the aggregate. tliey could I'¢asoiiably be expected to infliience the ecoiioinic decis ions of usei's taken on the basis of these finaiicial stateinents. The exteiit to which our procedLlI'es are capable of detectiiig iri'cgulai'ities, iiiuliiding fraud is delail¢d below: Iri-egularities, iiicliidiiig fraud, are iiistances of iion-coinpliaiice witli laws and regulations. We design pi'ocediires iii line witli Olir respoiisibilities, outlined above, to detecl illat¢rial misstatements in respect of irregiilai'ities, iiicludiiig fi'aud. Tlie extent to whicli Olir pi'ocedures al'e capable of detectii)g irregularities, inclLiding fraiid is detai led below., Based on oui- uiiderstaiidiiig of the coiiipaiiy aiid iiidLlStI'y, w¢ ideiitified the principal risks of iion-compliance with laws and regulatioiis as tliose tliat liave a d irect iillpact on the determination of material ainoui)ts aiid disclosui'cs iii tlie fiiiancial statements. We evaluated Inanagcment's iiicentives aiid opportuiiities for fraudulent m811ipulation of the financial stateinLiits aiid detcriiiined tliat the pi'iiicipal risks related to revenlie i'ecognition, We commuiiicated the identified laws and regulations thi'oiigliout tlie audit team and reniaiiied alert to aiiy indications of noii-cornpl iaiice throLigliout tlie audit. Aiidit procedures pcrforired iiicluded, but were not liinited to: Discussioiis witli iiiaiiaLrcinent includ iiig coiisideratioii of known or siispected instaiices or noii-compliance willi laws and i-egLilatioii and fraud. Reviewing tlie fiiianLial statement disclosui'es aiid testing to SLlPPOI'ting docLiinentatioii' Review of boai-d Inectiiig iiiiniites of tliose cliai'ged with goveriiaiice. In addrcssiiig tlie I'18k of fraud thi'ougli Inanageineiit overide of Controls, testiiig ihe appropriateness of jOLiriial entries aiid otliei- (idj ustiiients. As pai't of an audit iii accordaiice witli ISAS (UK), w¢ exei'cise professional judginent aiid Inaiiilaiii professioiial sceptiLisin thi-OLighout tl)e audil. Wc also:. Identify aiid assess tlie risks of material mis.%tateinent of the fiiianLial stateinents, wlietlier diie to fraiid or eri'or, desigii aiid pei'foi'iii aiidit procedures I'espoiisive to those risks, and obiain aiidit evideiicc Iliat is sufficient and appi'opriate to pi'ovide a basis foi. our opiiiion. 'fhe I'isk of not detecting a material misstateinent resulting fi'om fraud is higlier than for one i'¢sulting from error, as fraiid Inay involve col lusioii, forgci'y, intentioiial oinissions, Inisrepreseiitations, oi. tlie override of iiiternal control. Obtain an iiiiderstaiiding of intei'iial coiitrol relevaiit to the audit in order to design aiidit procediir¢s that are appropriate iii tlie cii'cuinstances, but not f or the pui'pose of expressing ali opinion on the effectiveiiess of tlie cliarities internal control. EvalLiate the appropriateiiess o f accounting policies iised aiid the i'easonableness of accoiinting estimat¢s and i'elated disclosui-es Inade by tlie trustees. Perform aiialytical pi'ocedures to ideiitify any UiiLisiial or unexpected relationsliips that may iiidicate risks of Inaterial Inisstalemeiit dLie to fraLid oi. eri'or. 13
Re ftheIn ent A Il. Coiicliide oti tlie appropriateiiess of the trustees, use of the goiiig concern basis of accoiinting and based on the audit cvidciice obtained, whetlier a Inaterial uiicertainty exists related to events or conditions that Inay cast sigiiificant doiibt oii tlie charities ability to continue as a goiiig concern. If we conclude tliat a Inaterial uiicertaiiity exists, we are requii'ed to di'aw attentioi) in oiii. aiiditor's report to the i'elated disclosures in the rinaiicidl stateincnts or, if siicli di5closiii-es are inadequatc, to IT]odify our opinion. Our concliisions <ll'¢ based on tlie audit evideiice obtaiiied up to Ilie dale of OLir auditor's report. Howevei-, future cvcnts or conditi()iis iiiay cause tlie cliarity to cease to coiitllllie as a goilig concerii. EvalLiate tlie overal I preseiitatioii, strLlCtiire, arid conteiit of the finaiicial stateinents, incliidii)g Ilie disclosiires and wliether tlie financial statemeiits represcnt the underlying ti'ansactions and events in a maiiner that acl)ieves fair presentation. We coinmunicate witli tliose cliai'ge witli govei'iiaii¢e regard iiig, amoiig other matters, the planiied .qcope and tiiniiig {)[ tlie audit and sigiiificaiit aLidit fiiidings, iiicluding significant deficieiicies iii internal conti'ol tliat we identify diiriiig 0111- alid it. A fui'ther descriptioii of our responsibilities foi. tlie audit of the financial st¢ltenients is located on tlie Fii)aii¢ial Reportiiig Couiici I's website at www.frc.org.Iik/auditoi'sresponsibil ities. Tliis descriptioii forins pai't of oui. Report of tlic Indepei)dent Auditors. Use ofour report Tli is i'epurt is Inade solely to tlic chai'ilable oompaiiy's meinbers, as a body, iii accordance witli Chapter 3 of Part 16 uf the Coiiipanies Act 2006. Our audit work lias beeii iiiidei'taken so that we mighi state to the haritable ¢oiDpany's meinbei's tho%e matters we are I'equired io state to iliein in ali auditors, repoi'l and for iio othei. Plirpose. To tlic fil I lest extei)t perinitled by law, we d() iiot accept or assuine I'esponsibilily to anyoiie oih¢r Ilidi Ilie charitable coinpaiiy aiid tlie cliai'itable compaiiy's Inembers as a body, foi. our aud it work, for this I'epoi. ur lor e.opinioiis we liave foi-lned. ljil ly fJrakeTh.. cli ior StatLltoi'y Auditoi.) for and on belialf of Lyiii) Di-ake & C'o Ltd Statiitory AiiditOl'S 1st Floor 34 B-D Mai11 Street Moii'a Co. Arinagli BT67 OLE 3 J uiie 2024 14