CDM COMMUNITY TRANSPORT INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF CDM COMMUNITY TRANSPORT Opinion We have audlted the financial statements of CDM Community Transwrt (the 'companl) for the yéar ended 31 March 2024 which comprise . the statement of changes in equity and notes to the financial statements, including significant accounling policies. The financial reporting framework that has been applied in their preparab'on is applicable law and United Kingdom Accounting Stsndards, including Financial Reporting Standard 102 The Financial Repong Standanl applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). In our opinion the financlal statements: give a tNe and fair view of the stste of the companvs affairs as at 31 March 2024 and of its deficit for the year then ended. have been properly prepared in accordance with United Kingdom Generally Accepled 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 Stsndards on Audtling (UK) {ISAs {UK)) and applicable law. Our responsibilities under those standards are further described in the Auditorfs responsibilities ft)r the audit of the financial statements section of our report. We are independent of the company in accordance wth 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 SPOnSIbl11eS 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. Material uncertainty related to going concem. We draw attention to Note 1.2 in the financial statements. which indicates that the company has not achieved its core funding for the next financial year. As stated in Note 1.2, these events or conditions. along with other matters as sel forth in Note 1.2, indicale that a material uncertainty exists that may cast significant doubt on the company's ability to continue as a going concem. Our opinion is not modtfied in respect of this matter. In auditing the financial statements, we have concluded that the directors, use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Our responsibililies and the responsibilities of the directors with resped to going Concem a described in the relevant sections of this report. other infomialion The other infomation comprises the Infomatlon Induded In the annual report other than the financial stalements and our audit0S report thereon. The directors are responsible for the other infomiation contsined within the annual report. Our opinion on the financial statements does not cover the other infomiation and, except to the extent otherwise explicitly stated in our report, we do not express any fomi of assurance conclusion thereon. Our responsibility is to read the other infoThation and, in doing so. consider whether the other infomation is materially incon51Stent with the financial statements or our knowledge obtained in the urse of the audit, or otherwis8 appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements. we are required to detemiine whether this gives rise to a malerial rnisstatemenl in the financial statements themselves. If, based on the work we have perfomied. we c¢)n¢lude thal there is a material misstatement of this olher information, we are required to report that fact. We have nothing to report in this regard. Oplnlons on other matters prescribed by the Companles Act 2006 In our opinion, based on the work undertaken in the course of our audit: the information given in the trustees, report for the financial year for which the financial statements are prepared is consistent wth the financial statements: and the trustees, report has been prepared in accordance with applicable legal requirements.
CDM COMMUNITYTRANSPORT INDEPENDENT AUDITOR'S REPORT {CONTINUED) TO THE MEMBERS OF CDM COMMUNITY TRANSPORT Matters on which we are required to report by exception In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit. we have not identified material misstatements in the truslees, report. We have nothing to report in respect of the following matters Whe the Companies Act 2006 requires us to report to you if, in our opinion: adequate accounting records have not been kept. or retums adequate for wr audit have not been reGeived from branches not visited by us. or the financial statements are not in agreement with the accounting records and retums" or certain disclosures of directors, remuneration specffjed by law are not made; or we have not received all the infomation and explanations we require for our audit: or the dire¢lors were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies, exemption in preparing the directors, report and take advantage of the small companies exemption from the requirement to prepare a strategic report. Responsibilities of directors As explained more fully in the directors, responsibilrlies statement, the directors are responsible for Ihe preparatlon of the financial statements and for being satisfied that they give a true and fair view, and for such intemal control as the directors d81ermine is necessary to enable the preparalion of financial statements that are fre8 from material misstatement, whether due to fraud or error. In preparing the financial statements, the directors are responslble for assessing the company's ability to continue as a going concem, disclosing. as applicable, matters related to going concern and using the going concem basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic altematiV8 but to do so. Auditor's responsibilities for the audlt of tho financial statements Our objedives are to obtain reasonable assurance about whether the finanaal statements as a whole are free from material misstatement. whether due to fraud or error. and lo issue an auditorfs report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee Ihat an audit conducted in accordance with ISAS {UK) will always detect a material misstatement when it exists. Misstatements can aris8 from fraud or error and are considered malerial rf. 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 responsibiltties is available on the Financial Reporting Council's website at: https:11 ww.frc.org.uklauditorsresponsibilities. This description forms part of our auditorfs report. This report is made solely to the companvs members. as a body, in accordance with Chapler 3 of Part 16 of the Companies Act 2006. Our audtt work has been undertaken so that we might state to the company's members those matters we are required to stal to them in an auditorfs report and for no other purpose. To the fullest exlenl permitted by law. we do not acc or assume responsibility lo anyone other than the company and the company's membe s. as a body, for our au ork. for this report, or for the opinions we have formed. Wea also asked to confirm t accordance with term the granl provided by the DFI has been used solely for the purposes intended and conditions of the grant and can confirm this to be the case. 27 June 2024 cGeagh (Senio ta on behalf of Davld Lyttle + Co Auditor) fora Station House 46 Molesworth Street Cookslown BT80 8PA Chartered Accountants Statutory Auditor