Youth Link Nl Company Limlted by Guarantee Independent Auditorfs Report to the Members of Youth Llnk Nl Year ended 31 March 2023 Oplnlon We have audited the financial statements of Youth Link Nl (the 'charitl for the year ended 31 March 2023 which comprise the statement of financial activtties (including income and expenditure 8ccounl), slalemenl of financial wsition. statement of cash flows and the related notes, including a surnmary of significant accounting policies. The financial reporting framework Ihal has been applied in their preparation is applicable law and United Kingdom Accounting Standards. including FRS 102 The Financial Rewrting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice}. In our opinion the finanual Statements.. Give a true and fair view of the state of the charills affairs as at 31 March 2023 and of ils incoming resources and application of resources, including its income and experlture, for the year then ended. Have been propefly prepared in accordance with United Kingdom Generally Accepted Accounting Practice. Have been prepared in accordance with the requirements of Ihe Companies Act 2006. Basis for opSnlon We conducted our audit in accordance with Intem81ional Standards on Auditing {UKI IISAS (UKII and applicable law. Our responsibililies under those standards are further described in the audilols responsibilities for the audit of the financial statements seclion of our reFX)rt. We are independent of the charity in accordance wtth the ethical requirements that are relevant lo our audit of the financial slalements in the UK, including the FRC'S Ethical Standard. and the provisions available for small entities, in the circumstances sel out below. and we have fulfilled our other ethical responsibilities in 8ccordan¢e with these requirements. We believe that the audit evidence we have obt2ined is sufficient and appropriate lo provide a basis for our opinion. In common with many olher organisations of our stze and nature we use our auditors to prepare and submtt retums to the tax authorities and assist with the preparation of the financial slalements. Conclusions relating to going concern. In auditing Ihe financial slalements. we have conduded thal the trustees. use of Ihe going concern basis of accounting in the preparation of the finar)cial statements is appropriate. Based on the work we have performed. we have not identified any m8teri81 uncertainties relating to events or condittons that. indiwdually or collectively. may cast significant doubl on the charity's ability to continue as a going concem for a period of al leasl twelve months from when the financial statements are aulhorised for issue. Our responsibilities and the responsibilities of the trustees wth respect to going conrn are described in the relevant sections of this report. 16
Youth Link Nl Company Limited by Guarantee Independent Audltor's Report to the Members of Youth Link Nl fcontinue(lJ Year ended 31 March 2023 other Infonnatlon The olher information comprises Ihe informalion induded in the annual report, other than the financial staternents and our auditor's report thereon. The Iruslees are responsible for the other infomialion. Our opinion on Ihe fin8ncial stalemenls does not cover the other information and, excepl to the exlenl olherwise explicitly stated in our report, we do not express any forn of assurance conclusion Ihereon. In connection with our audit of the financial slatemenls, our responsibility is to read the other information and. in doing so. consider whether Ihe other information is materially inconsistent with the financtal statements, or our kredge obtained in the audit or otheNise appears lo be materially misstated. If we identify such material inconsistencies or apparent material misslalemenls. we are required lo determine whether there is a material misstatement in the financial statements or a material misslalemenl of the olher information. If. based on the work we have perfomed, we conclude that there is a material misslalement of this other informafion, w8 are required to report that fact. We have nolhing to report in IhÉs regard. Oplnlons on other mattars prescrlbed by thé Companlo$ A¢t 2006 In our opinion, based on the wk undertaken in the course of Ihe audiL' The infom)ation given in the trustees, report for the financial year for which Ihe financial statements are prepared is consislenl with the financral slalements: and The Iruslees, report has been prepared in accordance with applicable legal requiremenls. Matters on which we are required ¢0 report by exception. In the light of the knowledge and underslanding of the charity and ils environment obtained in the course of the audit, we have not identified material misslalemenls in the trustees, report. We have nothing to report in respect of the following matters in reiatton to which the Companies Act 2006 requires us lo report to you if. in our opinion= Adequate acuntIng records have not been kept, or r8tums adequate for our audit have not been received from branches not visited by us.. or The financial statements are not in agreement with the accounting records and retums,. or Certain disclosures of trustees. remuneration specified by law are not made.. or We have nol received all the infonnation and explanations we require for our audit- or The Irustees were not entitled to ppare the finan(aal statements in accordance with the small companies regime and take advantage of the small companies, exemptions in prepaTtng the directors, report and from the requirement to prepare a strategic report. 17
Youth Link Nl Company Limited by Guarantee Independent Auditorfs Report to the Members of Youth LSnk Nl iconth>ued) Year ended 31 March 2023 Responslbllltles of trustees As explained more fully in the trustees. responsibilities statemen( the trustees (who are also the directors for the purposes of company lawl are responsible for the preparation of the ffn2ncial statements and for being satisfied that Ihey give a true and fair view, and for such intemal control as the trustees delemiine is nessary to enable the preparation of finaniaal statements that are free from material misslalement, whether due to fraud or error. In preparing the financial slalements. the Iruslees are responsible for assessing the charity's ability lo continue as a going concern. disdosing, as applicable. matters rel818d lo going concern and using the gjing ncern basis of accounting unless the trustees either intend to liquidate Ihe charity or to cease operations, or have no realistic alternative but to do so. Auditorfs responslbllltles for the audlt of the financial statements Our objectives are to obtain reasonab assurance about whether the financial slalements as a whole are free from material misslalement. whether due to fraud or error, and lo issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance wth ISAS (UK) will always delect a material misslalement when il exists. Misstatements can arise from fraud or error and are considered material if, indNidually or in the aggregate, thay could reasonab be expected to influence the economic deusions of users taken on the basis of these financial stalements. Irregularlties, Includlng fraud, are instances of rnn-fA)mpliance wth laws and regulations. We design prCedureS in line with our responsibiltties. outlined above, lo detect material misslatemenls in respect of irregularities, including fraud. The extent to which (yjr pr{edureS are capablo of delecting Irregularities, induding fraud is detailed bek)w.' In identifying and assessing risks of material misstalemenl in respect of irregulaiities. including fud and non-compliance with laws and regulations, we considered the followng.. the nature of the industry and sector. conlrol environment and business perfom)ance induding the design of the remuneralion policies. key drivers for directo. remuneration. bonus levels and Performance largels. results of our enquiries of managemenl about their own idenltfication and assessment of the risks of irregularities. any mallers we identrfied having obtsined and rewewed documentation of their policies and procedures relating to.. identifying, evaluating, and complying with laws and regulations and whether management were aware of any instances of non-compliance. detecting and responding to the risks of fraud and whether management have knedge of any actual, suspected, or alleged (raud. the internal controls established lo mitig8te risks of fraud or non-compliance with laws and regulations. the matters dCUsSed among the audit engagement team including Signifant component audit teams and relevant internal specialists. including tsx and valuations specialists regarding how and where fraud might occur in the financial slalements and any potential indicators of fraud. As a result of these procedures. we considered the opportunities and incentives that may exist within the organisalion for fraud and identified the greatest potential for fraud. In common with all audits under ISAS (UKI, we are also required to perform specific procedures to respond to the rtsk of management override. 18
Youth Link Nl Company Limited by Guarantee Independent Auditor's Report to Ihe Members of Youth Link Nl (continuedj Year ended 31 March 2023 We also obtained an understanding of the legal and regulatory frameworks in operation. focusing on provisions of those laws and regulats'ons that had a direct effect on the determination of material amounts and disclosures in the finanaal statements. The key laws and regulations we considered in this context included ongoing compliance wilh Ihe UK Companies Act and tax legislation. In addition, we considered provisions of other laws and regulalions that do not have a direct effect on the financial slalements but Complian with which may be fundamental for their ability lo operate or lo avoid a mat9rial p8nalty. As part of an audit in accordance with ISAS (UKI. we exerase professional judgment and maintain professional scepticism throughout Ihe audtt. We also.. Identify and assess the risks of material misstatement of the financial slalements, whether due lo fraud or error. design and perform audit pror£dures responsive lo those risks. and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not delecling a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion. fcryery. inlentlonal omissions. misrepresentations. or the override of inlemal control. Obtain an understanding of intemal controt relevant lo the audit in order to design audrt procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the intemal control. Evaluate the appropriatèness of accouriting policies used and the reasonableness of accounling estimates and related disclosures made by the trustees. Condude on the appropriateness of the trustees. use of the going concem basis of accounting and, b2sed on the audit evidence obtained, whether a material uncertainty exists related lo events or conditions that may cast significant doubt on the tharity's ability lo continue as a going concem. If we conclude that a material uncertainty exists. we are required lo draw allenlron in our audilorfs report to the related disclosures in the financial slalemenls or. if such disdosures are inadequate. to modfy our opinion. Our conclusions are based on the audit evidence oblainad up to the date of our auditor's reF)Ort. However. lulure events or conditions may cause the charlty lo cease lo continue as a going Lx)ncem. Evaluate the overall presentation. structure, and content of the financial statements, including tho disclosures. and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presenlation. W8 communic8te wilh those charged with govem8nc8 regarding, among other Tnatters, the planned scope and liming of the audil and significant audit findings. including any significant deficiencies in intemal conlrol that we idenltfy during our audit. 19
Youth Link Nl Company Limited by Guarantee Independent Auditor's Report to the Members of Youth Llnk Nl 1¢ontInj Year ended 31 March 2023 Use of our report This report is made solely to the tharivs members, as a bcrtty, in accordan with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might slate lo the charity's members those matters we are required to state lo them tn an auditorfs report and for no other purpose. To the fullest extent pemittted by law. we do not accept or assume responsibility to anyone other than the tharity and the charitys members as a bdy, for our audit work, for this report, or for the opinions we have fomed. Conor Dolan FCA (Senior Slatulory Auditor) For and on behalf of Finegan Gibson Ltd Chartered accountants & statutory audit Causeway Tower 9 James Street South Belfast BT2 8DN 13 September 2023 20