THE CAPTAIN G M F IRVINE MEMORIAL TRUST INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES FOR THE YEAR ENDED 5 April 2024 Opinion We have audited the financial statements of The Captain G M F Irvine Memorial Trust for the year ended 5 April 2024 which comprise the Statement of Financial Activities, the Statement of Financial Position, the Statement of Cash Flows and the related rsotes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Statement of Recommended Practice "Accounting and Reporting by Charities" (FRS 102). This report is made solely to the charlty'5 trustees, as a body. Our audit work has been undertaken so that we might state to the trustees those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable trust and its trustees as a body, for our audit work, for this report, or for the oplnions we have formed. In our opinion the flnancial statements: glve a true and falr view of the state of the charitable trust's affalrs as at 5 Aprll 2024 and of Its total incomlng resources and expendlture of resources, includlng Its income and expenditure, for the year then ended; have been properly prepared In accordance with United Kingdom Generally Accepted Accounting Practice. Basls for opinion We conducted our audSt In accordance with Intemational Standards on Audltlng (UK) (ISAS (UK)) and appllcable law. Our responsibilities under those standards are further described in the Auditor's respon5ibllitles for the audit of the financial statements settlon of our report. We are independent of the charity in accordance with ethlcal requlrements that are relevant to our audit of the financlal statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responslbilities in accordance with these requ irements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basls for our opinlon. Concluslons relatlng to golng concern We have nothing to report In respect of the following matters In relation to whlch ISAS (UK) requlre us to report to you where: the trustees, use of the golng concern basls of accounting in the preparation of the financlal statements is not appropriate. or the trustees have not disclosed in the financial statements any identified material uncertaintles that may cast significant doubt about the charity's ability to continue to adopt the going concern basls of accounting for a perlod of at least twelve months from the date when the financial statements are authorlsed for Issue. CavanaghKelly'
THE CAPTAIN G M F IRVINE MEMORIAL TRUST INDEPENDENT AUDITOR'S REPORT (continued) FOR THE YEAR ENDED 5 April 2024 Other Information The trustees are responsible for the other infomiation. The other information comprises the information included In the Trustees, Report, other than the financial statements and our Auditor's Report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any fomi of assurance conclusion thereon, In connection with our audit of the financial statements, our responslbillty IS to read the other information and, In doing so, consider whether the other infomiation is materially inconsistent with the financial statements or our knowledge obtained in the audit, or otherwise appears to be materially mi5Stated. If we identify such material inconsistencies, or apparent material misstatements, we are required to determlne whether there is a material misstatement In the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material mi55tatement of this other Information we are required to report that fact. We have nothing to report in this regard. Opinlons on other matters In our opinion, based on the work undertaken In the course of the audit: the Informatlon glven in the Trustee's Report for the financlal year for whlch the financial statements are prepared is consistent with the financial statements; and the Trustee5' Report has been prepared in accordance with applicable legal requirements. Matters on which we are requlred to report by exception In the light of our knowledge and understanding of the charity and Its envlronment obtained In the course of the audit, we have not identified material misstatement5 in the Trustees, Report. We have nothlng to report in respect of the followlng matters If, In our oplnlon: adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not vislted by us; or the financial statements are not in agreement with the accounting records and returns. or certain dlsclosures of trustees. remuneration specifled by law are not made; or we have not recelved all the Information and explanations we requlre for our audit. Responslbllltles of Trustees As explained more fully In the Trustees. Responsibilities Statement, the trustees are responsible for the preparation of the financial statements and for being satisfied that they glve a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from materlal mlsstatement, whether due to fraud or error. In preparing the financial Statements, the trustees are responsible for assessing the charlty's abillty 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 intend5 to liquidate the charlty or to cease operations, or has no realistic alternative but to do 50. CavanaghKelly"
THE CAPTAIN G M F IRVINE MEMORIAL TRUST INDEPENDENT AUDITOR'S REPORT (continued) FOR THE YEAR ENDED 5 April 2024 Auditor's responslbilitles for the audit of the financial statements Our objectlves are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to 155ue 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 with ISAS (UK) will always detect a material misstatement when it exists. Misstatements can arlse from fraud or error and are considered material if, individually or in 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 responsibilities for the audit of the financial statements is located on the Flnancial Reporting Council's website at www.fr .or auditorsre Thi5 description forms part of our auditor's report. Mr. FCA (Senlor Statutory Auditor) For and on behalf of CavanaghKelly Chartered Accountants and Statutory Audltors 36 - 38 Northland Row Dungannon Co. Tyrone BT71 6AP Date: 31 January 2025 CavanaghKelly°