THE NERVE CENTRE LTD
(A company limlted by guar9ntee)
Indepcndont auditor's rep(tyrl ¢0 the directors of THE NERVE CENTRE LTD
Opinion
We have audited the financial slalemenls of THE NERVE CENTRE LTD for the year ended 31 March 2024 which
cornprise tlie Sialemenl of FinMn¢i&l Acliviiies. the Balance Sheet. Cashllow Stal¢menl and th¢ related notes. The
financial reporting framework that lias been applied in their preparation is applicable law ond United Kingdom
Accoiinting Standards (Unit¢d Kingdom Gcnerally Accepted Accounling Practice) including FRS 102 'The Financial
Reporting Siandard applicabl¢ in Ih¢ UK and Republic of Ir¢land
Thi5 reporl is made solely to tlie charitable company's directors, as a body, in accordance with Cliapler 3 ofpart 16 of
Ih¢ Coinpanies Act 2006. Our audit work hLS been undertkken so that we might state to the charitable company's
dI￿rIorS Ilios¢ Inatters we are requircd to statc Lo them in an auditotrs report and for no other purpose. To thc full¢sl
extent perinitted by law. we do noi accept or &4sume responsibility to anyone other ihan the charitable company and
Il)e cl)ariiable Company's directors &s a body* for our audit work. for this report. or for the opinion5 we hove forined.
In our opinion tlie finan¢ial slalem¢nls',
give a true and fair view of the 51ate of the charitable company's atT&irs as at 31 March 2024, and of its incoming
resources and exp¢ndilur¥ of re50urccs, including ils income and cxpcndiiure. for the year ihen ¥nded;
have been properly prepared in accordonce wilh United Kingdom Generally Accepted Accounting Practic¢.
and
liave been prepar¢d iii ac¢ordanc¢ with the r¢qu1￿m¢nts of the Companies Act 2006.
BAS15 for oplnlon
We conducied our audit in Accordance with International Standllrds on Audiiing (UK) (ISAS (UK)) and applicable
law. Our r¢sponsibilili¢s und¢r those slandards are funher described in ih¢ auditovs responsibililies for the Audit of
Ilie finaiicial stateiiients section of our report. We are independent of ihe charilabl¢ company in accordance with the
¢ihical rL'quir¢mL'nls Ihal Are relevant 10 our audit of ihe financial statements in the UK, including ihe b Rc's Eihieal
Siandard, aiid we have fulfilled our other etliic81 responsibililies in accordance with Ihcse requirements. We believe
that th¢ audit evidcnce we have obtained is sufficient and approprlil¢ lo provld¢ a basis for our opinion.
Coneluslons relatlng to golnE concern
In audiling (l)e financial statcmcn15, wc havc coiicludcd ihat the directors. use of the going concern basis of
ac¢ounting in the preparation of Ili¢ financial 51at¢m¢nts is appropri&t¢.
B&sed on the work we liave perfomied. we have not id¢nlifi¢d any material uncertainties relating to events or
conditions that. individually or collectively. Inay cast significant doubt on tl)e ¢hariiable comp8ny's ability lo continue
&5 a going coiicem for a pcriod of at le&8t twelve months from when the fin8nci21 statements are ytuthorised for issue.
Our responsibilitie5 and the respon5ibiliti¢s of the directors with respect lo going concern are described in the relevant
s¢¢tions of this r¢porl.
PA8e 7

THE NERVE CINTRE LTD
{A company limited by guArnntee)
Other informAlion
The dire¢tors are responsible for tlie other information. The other inforniation comprises the inforni&tion included in
the directors, annual r¢pofl. oihcr than the financial stalemenls and our auditorfs r¢port tl)ereon. The directors are
responsible for the oil)er infom)ation. Our opinion on the financial slalements do¢s not ¢over oth¢r infornialion and.
exc¢pl lo the extent oiherwise explicitly slated in our report. we do not eXp￿sS any fomi of assurance conclusion
thcreoii.
In connection wilh our audit of the financial statements, our responsibility is to read the other information and, in
doing so. Consider ivheil)er thc other inforinalion is materially incon5151ciil with thc financial 5tatemcnls or our
knowledge obtained in the audit or oiheTrvise appears to be malerially misstated. If we idcntify such material
ii)consisl¢i)¢ies or apparent material Inisslal¢m¢nls. we are requir¢(I to d¢t¢m)ine whether th¢re is a muierial
misstaiemeiit in the financial staiemenls or a Inalerial misstateincnt oftlie other infornialion. If, bascd on the work we
liave p¢rfom)ed, we ¢onclude Ilial there is a mal¢ri41 misststemenl of ihis other infornialion. wo aro rwuired to report
that tact.
W¢ liav¢ nothing to report in this regard.
Oplnlon on other mAltors pr¢$¢rib¢d by the Companies Act 2006
In our opinion bused on tlie work undertaken in Il)e course of the audit:
the inforn)ation given in Ili¢ directors, annual r¢rK>rt prepared for the purposes of company law, for the financial year
for which the financial stalemenls are pr¢parcd is wiisisteiit with ihe financial 5tatemenls' and
the direclorf annual report has been pr¢pared in accordance with applicable legal requirements.
Matters on which we Aro requlrod to report by ¢xceptlon
In Il?e light of our knowledg¢ and undersiai)ding ofihe ¢hariiable Company and it5 environinent obiained in the course
of the audit, we Fkave not idenlified material lni5slal¢in¢nls in thc dir¢¢lors' annual r¢port.
W¢ h8v¢ noihing lo report in respect of the following matt¢rs wh¢r¢ th¢ Companies A¢1 2006 requir¢5 us lo r¢port lo
you if, in our opinion..
od¢qyal¢ a￿oUntIng records l)ave not been kept;
Ihe fin￿¢la] siai¢menls ure iiot in agreement wilh the accounting records and r¢lums; or
certHin disclosures of dir¢¢lors' remuneration 5￿cificd by lthw are not made; or
we liave not received all the inforniation and explanation5 we reguirc for our audit.
the directors were not enliiled lo prepare Ihe financial statements in accordance with the smo11 companies regiiy)e
and take advantage ofthe 5wnall compunies exemption from the requir¢m¢nt to prepare u stralegic report.
Pa£¢ 8

THE f4ERVE CENTRE LTD
(A eomp&ny limii¢d by guarnntee)
R¢spon5ibililie5 of tho diroclors
As explained more fully in th¢ Directo￿. Reswinsibilities Stat¢m¢nt, th¢ directors (who ar¢ also Ihe directors of Ihe
chtLritable Comp￿lY for the purpose5 of company law) ar¢ r¢5pon5ible for the preparntion of the financial 51alemenl$
and for being satisfi¢d iliat they give a ITue ai)d fair vi¢w, and for such inlernal control as the directors determine is
n¢ccsSUry to enabl¢ the pr¢paration of financial 5tal¢menls Ihol ar¢ fr¢e from mal¢rial missthi¢men¢. whelher du¢ ¢0
fraud or error.
In preparin# Ilie financial statements, the dirc¢tors are responsible for &ssessing the charitable companys ability to
¢oi)tinue as a going concern, disclosing. a$ applicable, Inatters related to 80ing concem and using the going concem
basis of ac¢ouiiting unless the trustees either hAiei)d to liquidatc the cliaritable coinpany or to ce&se operations, or hove
n(p ￿all$ll¢ altemotive but to do so.
Audllor's rcyponslbillli¢$ for the audli of the flDin¢lal slAtem¢nls
Our objeclives are lo obiain reasonable assurance About whether th¢ fin8n¢ial slol¢ments as a whol¢ are free from
maierial misslatem¢nt, Ivh¢thcr due to fraud or error. and lo issue an audilorfs r¢port Ilial includes our opinion.
Reasonable assuranc¢ is a high Icvel of assurance, bul is not a &uaranl¢¢ ihai an audil £onduci¢d in acrordan¢¢ will)
ISAS (UK) will alway5 d¢t¢ct a illa¢erial misslnlenient wh¢n it e,xisls. Miss¢ai¢iTi¢n15 ¢aii aris¢ froin fraud or ¢rror and
are considered mal¢rial if, individuE4lly or in the a8gre8ate, tliey Could reasonably b¢ ¢xp¢¢l¢d lo influ¢n¢¢ ih¢
¢conotnic decisions of Iisers iaken 011 th¢ basis of th￿ fin&ncial statements.
ExplanAtIon AS to whllt exlenl the 4udil IVA3 con51dered c4pAble ofdeteellng Irr¢8ul8rltles, In¢ludlng frlllld.
Irregulthrities, including fraud, are instances of non-complian¢e with laws and regulations. We design procedures in
line with OUT rc3poiisibilities, outlined above. to deie¢t mJierial misstateinents ill T¢Spect of irregularilie5, iiicludiiig
fraud. However, tlie primury responsibility for ihe preveniion and d¢leclion of fraud lie5 Wlth n)aiia8ement aiid the
board of directors of tlic cliariloble company.
Idenllfylng and Assessino potonti#l risks related to irregular£iles
In identifying and assessing risk5 of rnalcrial misstatement in resp¢¢l of irT¢gulariti¢s. in¢luding fraud and
non-complian¢¢ will) laws and regulation& we considered the followln&
the nature of ihe industry, s¢¢lor and Il)¢ 5pccifi¢ Control environment which il operates in;
the charities own Lss¢ssmenl of the risks Iliat irrcgularilie5 may occur. either as a r¢suli of fraud or ¢rror.
r¢presenlationg and resulis from our enquiries with management and the board of direelors regarding their own
identificaiion 2nd &gsessment of the risks of irregularities;
enquiries of manageinent relating to llccounting estimates m¢asu￿ments. recognition Grileria and justification of
such amounts:
any matt¢rs w¢ hav¢ idcnlificd having obtained and reviewed the ch#rilies policies and pr<xedures relating lo.
* iden(ifying and Assessiiig if laws and regulations 8re compliant and ivhcth¢r thcy are aware of uny instsnces of
non-compliance.
* detection and response lo the risk of fraud und wheiher th¢y are Awar¢ of any a¢¢ual. suspeeied or alleged fraud
inslanc¢5'
the inlernal ¢ontrols d¢signcd lo mitigate risks or fraud or non-compliance witli laws and regulations. and to
minimi5e risk of manag¢m¢nt ov¢rrid¢s of su¢li coi)trols.
P*ge 9

THE NERVE CENTRE LTD
{A CQmPaDy Ilmited by guarantee)
all Inatters discussed amon&y the audit engagement team regarding how and where fraud could occur and the
potcntial indicators offraud.
As a result of these procedures, we considered the opportunilies and incentives that may exist within the charity for
fraiid. Th¢ audit included a55e55ing the procedures and evaluating the measurement of estimations. In common with
all audits under ISAS (UK), we are a150 rcquired to perforn) specific pro¢edur¢s lo respond lo th¢ risk of manag¢menl
override.
We also rcquired an undetslanding of the legal and regulatory framewo￿ appli¢able to Ihe charity and considered
that the most signifi¢ant ar¢ Ilie Coivbpanics Act 2006, SORP 2019 (FRS 102) and Charities Act (Northem Ireland)
2008.
B￿ed on our underslanding of the ¢haritable company the most significAnl legal and regulatory frameworks thnt have
a direct impaci on ili¢ financial .sluternenls are those relating to the appli¢abl¢ reporting framework. (PRSI 02. -lTre
Charities A¢t (Northern Irelaiid) 2008, The Charities (Accounts and Report) Regulations (Northern Irel8nd) 2015, the
Chclrity SORP. arid Ili¢ Coinp£ini¢s A¢1 2006) non Compliance may have a Inaterial effect on the financial siacements.
Compliance willi these laws and r¢gulatiOll5 was Hs5e5sed as part of our procedures.
Audlt responses lo rislLq Ideniined
Our procedures to respond io risks idenlificd included the following:
reviewing ihe financial slalcmenl di5c105ure5, lesling the relevant documenlation lo &ssess compliance with the
sigi)ificant laws ttiid rc&Julations- those described as having 8 direct etyeel on tl)e financial stalemenLs'
¢nquiring wilh managenient and obiaining Iliird party confjrnialion from Il)¢ cliarilabl¢ company's solicitors
rcgardirbg any actual or potential liiigalion and ¢laims;
perforniing analytical procedures to identify any unusual or unexpecÉed relationships that may indicate risks of
material misstaiement due to fraud;
rcading minutes of board and management m¢eiings, examine forecasting material in line with aclual p¢rfomian¢¢,
identifyin8 any potenlilll fraud indicators or instances:
reviewing Companies House and Charity Coinmission Northern Ireland correspondence, identify any 181¢
submis510lls or omi55ion5 of mandatory inforniation,.
review correspondLTrnee ivith HMRC, id¢iilifying non compliance of specific infornation to be disc105cd:
in oddr¢s5ing ihe risk of fraud ihrougli manag¢m¢nl override of ¢ontrol& 1¢5ting the UPPTopriatencss of data entries
and adjustments; &4sessing wheilier il)e judgemeiits Inade iii iiiakiiig accounting estimales are indicative of a potcnfial
bias: aiid ¢valualing thc rationule of any signifi¢ant Iransaclions that are unusual or outside the nomial course of Ihe
ehari¢ies objectives.
We also communicated relevant idenlified laws and regulations and potential fraud risks to All engageinent team
members and remained alcrt lo any iiidication5 of Iraud or noncompliance willi laws and r¢gulation5 throughout (h¢
oudit.
As part of an audit in accordance with ISAS (UK), we exercise professional judgment Bnd maintain professional
5C¢PtiClsm througliout ihe audit. W¢ also..
Pag¢ 10

THE NERVE CENTRE LTD
(A compaDy limited by guarantee)
Identify and asse55 11)¢ risks of malerial misslalemenl of the financial slalemenl4 whether due to fraud or error.
desi￿ and perfomi audit procedures responsive to thos¢ ri5k5. and obtain audit ¢Yidcnc¢ that is suffi¢i¢nt and
appropria1¢ lo provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud
is Iiigher Ilian for one resulting frown crror. as fraud may involve collusion, forgcry. int¢ntional omissions.
misrepreseniaiion& tsr tlie override of intenial control.
Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are
appropriate in the circLinistances. bul not for the purpose of expressing an opinion on th¢ effectiveness of the
¢harit&blc ¢ompony's internkl Control.
Evaluate the appropriateness of &ccounling policies used and the reasonableness of accounting eslimales and related
disclosures made by the directo￿.
Conclude on tl)¢ approprialenc55 of the directors, use of the going concem b8515 of accounting and. based on the
audil evid¢n¢¢ oLJlain¢d. wli¢ilivr a Inal¢rial un¢¢rtNinly exis15 reialed lu evenls or conditions Ihal muy ¢4LsI siRiiifi¢ant
doubt on the ¢harilable coinpany'5 ability to continue as a going concem. Ir we concludc ihal & material uncertainty
exi51s, we are required lo draw attenlivn in our audilor's report lo ihe rl'laied disclosures in Ihe finan61￿1 s¢al¢m¢nls or.
if such disclosures are inadequate. to modify our opitiion. Our conclusions are based on tlie audit cvidcnce obtained
up to tl)e dale of tlie dudil()r's r¢port. Huw¢ver. fului¢ ¢venis or condilion5 may caus¢ the chariiabl¢ cunipuiiy lo ce
lo continue ￿ a going concern.
-Evolua¢e Il)e overall prescnlalion. structure and conlenl of the financial 5tllternenl4 including the disclosures, and
whetlier tlie fiiianeiul ylatei)ien15 r¢pr¢s¢nl the und¢rlyin8 transactions and events in a manner that a¢hi¢v¢s fair
presenilltion.
Wc coiiiiiiunicatc willi those charged with govcmance regarding. among oll)er matters. the planncd scope and liniing
of ihc audit and significant audit findings, including aiiy 518nificaiil d¢fi¥i¢iici¢s iii int¢riial coiilrol thal w¢ id¥iitify
during our audit.
PAtriek Mec
tulory Audltor
ror beh#lf or
McGrowrty McC¥Jfferty & CompAny
Statu(ory Auditor
2 CArll$lo Terrnce
Derry
BT48 6JX
DAto: S Dee¢mbcr 2024
Pgge 11