McAleer Jackson Limited Cliaitered Accountants Arthiii. Hoiise 41 Arthur Street BELFAST Date.. 29 Septeinber 2023 BTI 4GB Dear Sirs NORTHERN IRELAND TRADE UNION EDUCATIONAL & SOCIAL CENTRE LTD We confinn, to the best of our knowledge and belief, the following representations given to yoii in coniiection with yOLir preparation of the charity's financial stateinents for the year ended 31 December 202? We acknowledge as trustees our responsibility for ensuring:_ (a) the accuracy of tlie accounting records and the accounts prepared from them. and (b) that the accounts give a true aiid fair view of the state of affairs of the company as at 31 December 2022 and of the deficit for the year then ended. and (c) that all the accounting records have been made available to you for the purpose of yOLir independent examination. and (d) adequate iiiternal controls have been designed, implemented and maintained to prevent and detect fraud and error. Internal control and fraud We acknowledge our respoiisibility for tlie design, iinplementation and maintenance of internal control systems to prevent and detect fraiid and en'or. We have disclosed to you the results of OLir risk assessment that tlie financial statements may be inisstated as a result of fraud. We have disclosed to YOLI all instances of known or suspected fraud affectlng the entity iiivolving maiiacrenient, einployees who have a significant role in internal control or others that could have a material effect on tlie financial statements. We have also disclosed to you all information in relation to alle4ations of fraLid or suspected fraud affecting the entity's financial statements communicated by current or fortner employees, analysts, regulators or others. Accountin estimates The Inethods, data and significant assumptlolls Lised by us in making accounting estimates, aiid their related disclosures: are appi-opriate to acliieve recognition, measui'ement and disclosure that is reasoiiable in the context of the applicable financial reporting framework. Assets All assets, except leased assets, incliided in the balance sheet are owned by the coinpany and reinain free froin any l ien, eiiciimbi'ance or cliarges (except as disclosed in the accounts).
Fixed assets includin leased assets The net book amounts at which the fixed assets, incliiding leased assets, are stated in the balance sheet are arrived at: (a) after taking into accoiint all capital expeiiditure on additions thereto. and excluding expenditure properly chargeable to reveiiiie; (b) after el iminatiiig tlie cost and accumulated depi'eciation relating to iterns sold or scrapped- (c) after providing for depreciation on the basis and at rates calclilated to reduce the net book valLie of each asset to its estimated residual value by the end of the usefLII life in the cotnpany's biisiness. At the balance sheet date, there were no outstanding commitinents for the purpose of fixed assets. Investment ro er Investment property valued at £603,948 (2021 £603,948) Other current assets In OLir opinion, in the ordinary coiirse of the business, the current assets in the balance sheet are expected to realise not less than the net book arnounts at which they are stated. Bank ¥iccounts The fo41owing.bank accounts were.the only bank accounts in operation during the year to 31 December 2022: Ulster Bank ciirrent accoLint no. xxxx2083 Ulster Bank ciii'rent account no. xxxx1838 Ulster Bank ciirrent account no. xxxx2406 Ulster Bank current accouiit no. xxLx2240 Ulster Bank ciirreiit account no. xxLK?919 Ulster Bank ciirrenl account iio. xxLx9003 Ulster Bank ciiri'enl accoiint 110. Xx2323 Ulster Bank current accoiint no. xxxx7498 Ulster Bank current accoiint 110. xxxx2096 Ulster Baiik curi'ei)t accoiiiit no. xxxx2596 Ulster Bank current account no. xxxx7041 35.927.17 £956.37 £42 032.56 716.90 £30 i63.94 27.50 £5.02 2 273.87 2 561.70 4 417.89 198.83 Liabilities Full provision has been made for all liabilities at the balance sheet date, including guaranteed, commitnients aiid contingencies where the items are expected to result in significant loss. We are not aware of any pending litigation, proceediiigs, hearinTrs or claims negotiations wliich may result in significant loss to the company. Income Income per the profit & loss accoLint is a complete and accurate reflection of the company's incoine.
Goin coneern We believe that the coinpaiiy, s financial stateinents should be prepared on a going concei'n basis on the groiinds that current and fLlture sources of fLinding or support will be mol'e thali adequate for the company's needs. We also coiifii-IT) our plans for future action{s) required to enable the coinpany to contiiiue a going concern al'e feasible. We have considered a period of twelve Inonths from the date of approval of the finaiicial statenients. We believe that no furtlier discloslires relating to the conipany's ability to continue as a going concern iieed to be inade in the fiiiancial statements. Related art transactions We coiifirm that all sucli niatters required to be disclosed in the financial statements have been incliided. Other matters We are not aware of any breaches or possible breaches of the CoTnpany Act 2006 which might result in the coinpany Suffering significant penalties or other loss. We have no plans or intentions that inay Tnaterially affect the book value of any assets or liabilitie5. Except as disclosed, the reslilts of period were not material ly affected by transactions of a sort not usually undertaken by the company, circumstances of an exceptional or noii-Tecurring nature, or charges or credits relating to prior years. No circumstances have arisen, or events occurred, between the balance sheet date and the date of this letter in respect of matters which WOLild require adjustinent to our disclosLires in the accounts. We have no plans or intentions that rnay materially affect the carrying valLie or classification of sets and liabilities. Should fiirther material events OCCLir, which may necessitate revision of the figures included in the accounts or inclusion of a note thereto, we will advise vou accordingly. Consolidation We confirm that the company accounts have been consolidated to incliide all subsidiaries owned or controlled by Nortliern Irelaiid Trade Union Educatioiial & Social Ceiitre Ltd. These are as follows: Name BDA (Property Projects) Ltd Coininuiiity Trainiiig & Research Services Ltd Access Skills Ireland Ltd Access Skills Ireland CLG Radius (Nl) Ltd Radiu5 Training Liinited istered Northem Ireland Northern Ireland Northern Ireland Republic of Irelaiid Northern Ireland Republic of Ireland
Charit Accounts When preparing accoLints for Northern Ireland Trade Unioii Educational & Social Centre Ltd it is iinportaiit that the Ti'ustees accurately distinguish between the different types of fLiiids that tlie Charity holds. Tlie maill type of funds are as follows'.- a) Restricted Funds.. These are where suins of inoney are held in triist for particular purposes set OLIt by the donor or in an appeal dociiinent aiid can only be spent on those purposes. b) Unrestricted Funds.. These are funds which the Triistees are able to spend at their discretion for any of the Charity's purposes. We confirm, to the best of our knowledge and belief, that all assets inclLided within Northern li'eland Trade Union Educational & Social Centre Ltd's Statements of Assets and Liabilities in the Charity accoiints for the year ended 31 December 2022 all allocated correctly between Restricted and Unrestricted funds. Yours faithfiilly BRENDAN MACKIN SECRETARY JOSÈPH BOWERS TRUSTEE