INDEPENDENT AUDITOR'S REPORT to the Members of Down Armagh Rural Transport Partnership IA company limltsd by guarantȕ. not having a share capitall Report on thg audit of the financial statements Opinion We have audited the company financial statements of Down Amagh Rural Transport Partnership I'lhe company'l for the financial year ended 31 March 2024 which comprise the Statement of Financial Activities {incorporating an Income and Expenditure Aecounti. the Balance Sheet and notes lo the financial statements, including the summary of significant accounting policies sel out in note 2. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Stsndards. including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charitie$ preparing their accounts in accordance with FRS 102. In our opinion. when reporting in accordance with a fair presentation framework the financial statements.. give a true and fair view of the slate of the company's affairs as at 31 March 2024 and of its surplus for the financial year then ended- have been properly prepared in accordance with United Kingdom Generally Accepted Aecounling Practice.. and have been prepared in accordance with the requirements of the Companies Act 2006 and the Charities Act (Northern Ireland) 2008. Basis for opinion We conducted our audit in accordance with Inlemalional Stsndards on Auditing IUKI IISAS IUKI) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with ethical requirements that are relevant to our audit of the financial slalements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidenee we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going concern In auditing the financial statements, we have concluded that the trustees, use of the going concem basis of accounting in the preparation of the financial slalements is appropriate. Based on the work we have perfomied, we have not identified any material uncertainties relating to events or conditions that. indivKlually or collectively. may east significant doubt on the company's ability lo continue as a going concern for a period of at least e1ve months from the dale when the financial stslements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant secb.ons of this report. other Information The other infomiation comprises the infomiation included in the annual report other than the financial stslemenls and our Audilorfs Report Ihereon. The trustees are responsible ft)r the other information contained within the annual report. Our opinion on the financial statements does not cover the other infomation and. except to the extent otherwise explicitly slated in our report, we do not express any fomi of assurance conclusion Ihereon. Our responsibility is to read the other infomialion and. in doing so. Consider whether the other inforniab'on is materially incon51slent with the financial statements or our knowledge obtained in the course of the audit. or otheiSe appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements. we a required lo determine whether this gives rise to a material misstalemenl in the financial slalemenls themselves. If. based on the work we have performed. we conclude that there is a material misststemenl of this other infomation. we are required to pOrt that fact. Vve have nothing to report in this regard. Opinion on other matter prescrlbed by the Companies Aet 2006 In our opinion. based on the work undertaken in the course of the audit- the information given in the Trustees, Annual Report for the financial year for which the financial statements are prepared is consistent with the financial slatemenls.. and the Trustees. Annual Report has been prepared in accordance with applicable legal requirements.
INDEPENDENT AUDITOR'S REPORT to the Members of Down Armagh Rural Transport Partnership IA company limited by guaranteg, not having a share capital) Matters on which we are requlred to report by exception In the light of our knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustees, Annual Report. We have nothing lo report in respect of the following matters where the Companies Act 2006 requires us lo report to you if. in our opinion.. adequate accounting records have not been kept., or the financial slalemenls are not in agreement with the accounting records and returns.. or certain disclosures of trustees, remuneration specified by law are not made.. or the trustees were not entitled lo prepare the financial ststemenls in accordanee with the small companies regime and lake advantage of the small companies, exemption in preparing the Trustees, Annual Report. Responslbllitles of tru$tegs for the financial statements As explained more fully in the Statement of Trustees. Responsibilities set out on page 6. the trustees are responsible for the preparation of the financial slalements and for being satisfied that they give a true and fair view. and for such internal control as they determine is neSSary lo enable the preparation of financial statements that are free from material misstatement. whether due to fraud or error. In preparing the financial statements. the trustees are responsible for assessing the company's ability lo continue as a going COnrn, disclosing. as applicable. matters related lo going coneern and using the going concern basis of accounting unless management either intends to liquidate the company or lo cease operations, or has no realistic alternative but to do so. Auditorfs responsibilities for the audit of the financial ststements Our objectives are lo obtain reasonable assurance about whether the financlal slalements as a whole are free from material misstatement. whether due to fraud or error, and to issue an Auditor's Report that includes our opinion. Reasonable assuran is a high level of assurance. bul is not a guarantee that an audit conducted in aecoidance with ISAS IUKI will always delecl a material misstatement when il exists. Misslalements can arise from fraud or error and are considered material if, individually or in the aggregate. they could reasonably be expected lo influence the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud. are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities. outlined above, to detect material misslalemenls in respect of irregularities, including fraud. The extent to which our prOdureS are capable of detecting irregularities. including fraud is detailed below.. There is an inherent difficulty in detecting irregularities during audit. However the effectiveness of entity's controls, the nature and extent of audit procedures performed. gives us confidence in detecting irregularities Further infonnation regarding the scope of our responsibilities as auditor As part of an audit in accordance with ISAS IUKI. we exercise professional judgement and maintain professional sceplicism throughout the audit. We also.. Identify and assess the risks of material misstatement of the whether due lo fraud or error. design and perfomi audit procedures responsive to those risks, and obtsin audit evidence that is sufficient and appropriate lo provide basis for our opinion. The risk of not detecb'ng a material misstatement resulting from fraud is higher than for one resulting from error. as fraud may involve collusion, forgery, intentional omissions, misrepresentations. or the override of internal control. Obtain an understsnding of internal control relevant to the audit in order to design audit protsdures that ale appropriate in the circumstances. but not for the purpose of expressing an opinion on the effectiveness of the company's internal control. Evaluate the appropriateness of accounting policies used and the reasonableness of a¢¢ounting estimates and related disclosures made by trustees. Conclude on the appropriateness of the trustees, use of the going ¢on¢em basis of accounting and, based on the audit emdence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our Audilorfs Report to the related disclosures in the financial statements or. if such discloslrres are inadequate. lo modify our opinion. Our conclusions are based on the audit evidence obtsined up to the date of our Auditor's Report However. futUTe events or conditions may cause the the company to cease to continue as a going concern. Evaluate the overall presentation. structure and ¢onlent of the finan¢ial statements. including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentstion.
INDEPENDENT AUDITOR'S REPORT to the Members of Down Armagh Rural Transport Partnership IA company limited by guarantee, not having a $hare capital) We communicate with Ih05e charged with governance regarding. among other matters, the planned scope and timing of the audit and $ignifi¢anl audit findings, including any significant deficiencies in internal control that we identify during our audit. The purpo$e of our audit work and to whom we owe our responsibilities This report is made solely to the company's members, as a body. in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might slate lo the company's members those matters we are required to stale lo them in an audilols report and for no other purpose. To the fullest exlenl permitted by law. we do not aetspt or assume responsibility to anyone other than the company and the company's members as a body. for our audit work. for this report, or for the opinions we have fomied. Ruairi Maginn Isgnior for and on behalf of DALY PARK & COMP LTD Chartered Accountants and Slatulory Auditors 4 Carnegie Street Lurgan Co. Armagh BT66 6AS Northern Ireland utory Audltor) 26th June 2024 10