CARING BREAKS LIMITED Independent auditors, report to the members of Caring Breaks Limited Opinion We have audited ihe financial statements of CARING BREAKS LIMITED for the year ended 31 March 2024 which comprise the Statement of Financial Activities the Balance Shee and notes io the financial siatements. including significant accounting policies.The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounling Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in Ihe UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). In our opinion. the financial slat¢m¢nts: give a true and fair view of the state of the charitable company's affairs as at 31 March 2024 and of its incoming resources and applica(ion of resources, for the Year Ihen ended. - have been properly prepared in accordance with United Kingdom Generally A¢¢ept¢d Accounting Pra¢iice: and have been prepared in accordance with the requirements of Ihe Cornpanies Acl 2006. Basis tor opinion We conducied our audit in accordance with Internalional Standards on Auditing (UK) (ISAS (UK)) and applicable law. Our responsibilities under Ihose standards are further described An the Auditor's responsibillties for the audit of Ihe financial siarements section of our report. We are independenl of the charity in accordance with ihe ethical requirements that are relevant to our audil of the financial statements in the UK, including ihe FRC'S Ethical Standard, and we have fulfilled our other ethical responsibiliiies in accordance with these requirements. We believe that the audir evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going concern In auditing the financial slatemenls, we have concluded that the Irustees, use of the going concern basis of accounting in Ihe preparalion of the financial statements is appropriate. Based on Ihe work we have performed. we have not identifled any material uncertainties relaiing 10 evenis or conditions that, individually or collectively. may cast significant doubt on the charilable company's ability to coniinue as a going concern for a period of at least iwelve months from when the financial statements are authorised for issue. Our responsibilities and ihe responsibilities of the trustees wilh respect lo going concern are described in the relevant seciions of this report. Other Inforniation The other inforniation comprises the infomiation included in the annual report, other than the accounts and our auditors report thereon, The tn]stees are responsible for ihe other inforniation. Our opinion on the accounts does not cover the oiher inforniaiion and we do noi express any fomi of assurance conclusion Ihereon. In connection with our audil of the accounts, our responsibility is to read the other inforn]ation and, in doing so. consider whether ihe other infornialion is marerially inconsislent with the accounrs or our knowledge obtained in the audit or otherwise appears to be materially misstaled. If we identify such material inconsistencies or apparent material mis51atements, we are required lo determine whether there is a marerial misstatement in the accounts or a material misstatement of the oiher information. If, bas¢d on the work we have perfonned. we conclude that there is a material misstatement of this other inforniation, we are required to report that fact. We have nothing io report in ihis regard. Page 7
CARING BREAKS LtMITED Independent auditors, report to the members of CARING BREAKS LIMITED continued Opinions on other matters prescribed by the Companies Act 2006 In our opinion, based on the work undertaken in the course of our audit: the inforniation given in the trustees, Report, which includes the directors, report prepared for the purposes of company law. for the financial year for which the financial statemenis are prepared is consistent with the financial sialements; and the directors, report included within the trustees, report h&s been prepared in accordance with applicable legal requirements. Matters on which we are requlred to report by exceptlon We have nothing to report in respect of the following matters in relation to which the Companies Aci 2006 rcquires us lo report to you if. in our opinion: the inforniation given in the financial statemenls is inconsistent in any material respect with the trustees, repon; or sufficient accounting records have not been kept; or Ihe financial statements are not in agreement with the accounting Tecords. or we have not received all the inforniation and explanalions we require for our audit. Responslbllltles of trustees As explained more fully in the Statement of trustees, Responsibilities. the truslees. who are also the Directors of the charity for the purpose of company law, are responsible for the preparation of the accoun(s and for being satisfied Ihal they give a irue and fair view, and for such intemal control as the commillee deterniine is necessary to enable the preparation of accounts that are free from material mi5Stalement, whether due to fraud or error. In prcparing Ihe accounts, the frustees are responsible for assessing ihe charily'5 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 trustees either intend to liquidate the charity or to cease operations, or have no realisti¢ alternative bul to do so. Auditor's responsibililies for the audit of the financial statements Our objectives are lo obtain reasonable assurance about whether ihe financial slaternent5 as a whole are free from material misstatement. wheiher due to fraud or error, and lo issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, bul is nol a guarantee that an audit conducted in accordance with ISAS (UK) will always dei¢ct a material mlsstatement when it exists. Misstatements can arise from fraud or error and are considered material if. individually or in the aggregale. they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Page 8
CARING BREAKS LIMITED Extent to which the audit was capable of detecting irregularitios, including fraud Irregularities, including fraud. are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, ouilined above. to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities,- including fraud is deiailed below: We identified th¢ areas of laws and regulations that could reasonably be expected to have a rnaierial effect on the financial sialements and risks of material misslatement due to fraud, using our understanding of the entity's industy. regulatory environment and other external factors and inquiry wi(h the.Trustees. In addition. our risk assessment procedures included: inquiring with the Trustees as to the charities policies and procedures regarding compliance with laws and regulations and prevention and deiection of fraud. inquiring whether the Trustees have knowledge of any actual or suspected non40mpliance with laws or regulations or alleged fraud. inspecting the charilies regulaiory and legal correspondence. and reading Board minutes. We discussed identified laws and regulations. fraud risk factors and the need io remain alert among the audit ieam. The charity is subject lo laws and regulaiions Ihat directly affect (he financial staremenrs charity and financial reporting legislation. We assessed Ihe exienl of compliance with Ihese laws and regulations as part of our procedures on the relaied financial slaiemenl items, including assessing the financlal statement disclosures and agreeing them 10 SUPPOrting documentation when necessary. The charity IS subject 10 many other laws and regulations where the consequences of non-compliance could have a material effect on amounts or disclosures in the financial statements, for instance through Ihe imposition of fines or litigalion. We identified the following areas as those most likely io have such an effect.. health and safety. anti-bribery, employmeni law, environmental law. Auditing standards limit the required audit procedures lo identify non<ompliance with these non-direct laws and regulations to inquiry of the Truslees and inspection of regulatory and legal COt$pondenCe, if any. These limited procedures did not identify actual or suspected non- compliance. We a5ses5ed events or conditions that could indicate an incentive or pressure to commit fraud or provide an opportunity lo commit fraud. As required by audlting slandards, we perfornied procedures to address Ihe risk of management override of conirols. On this audit we do noi believe there As a fraud risk related to revenue recognition. We did not identify any additional fraud risks. In respons¢ to risk of fraud, we also performed procedures including: identifying journal entries to lesl based on risk criteria and comparing the ideniified entries to supporting documentation. evaluating the business purpose of significanl unusual transactions. assessing significant accounting estimates for bias; and assessing th¢ disclosures in the financial statemenls. Owing lo the inhereni limilalions of an audil, there is an unavoidable risk thai we may not have delecied some material misstatements in (he financial statements, even though we have properly planned and performed our audit in accordance with auditing standards. For example. Ihe further removed non- compliance with laws and regulations {irregularilies) is from the events and transactions reflected in the financial siatements, the less likely ihe inherently limited procedures required by auditing standards would idenlify it. Page 9
CARING BREAKS LIMITED In addition, as with any audit, there remains a higher risk of non-detection of Irregularities. as these may involve collusion, forgery, intentional omissions. mlsrepresentations. or the override of internal controls. We are not responsible for preventing non-compliance and cannot be expected to detect non- compliance with all laws and regulations. A further description of our responsibilities for the audit of the accounts is located on the Financial Reporting Council's website at: http:Ilwww.frc.org.uklauditors responsibilities. This description fornis part of our auditor's report. The purpose of our audit work and ¢0 whom we owe our responsibilities This report is made solely to the charitable company's members. as a body. in accordance with Chapter 3 of Parl 16 of the Companies Act 2006. Our audit work has been undertaken so that we might slate to the charirable company's members those mallers we are required to stale to tem in an auditors, report and for no other purpose. To the fullest extenl perniitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work. for this report, or for the opinions we have fornied. Riehard Mcclay FCA {Senior Statutory Auditor) For and on behalf of Mccreery Turkington Stockman LTD l Lanyon Quay BELFAST BTI 3LG Chartered Accountants DATE Page 10