ort of the Inde endent Auditors to the Trustees and Members of Pole lass Communl knoelatlon Sall Gardens Ltd Oplnlon We have audited the financial statements of Poleglass Community Association @ Sally Gardens Ltd (Ilie 'charitsble company,) for the year ¢nd¢d 31 MaTch 2023 which comprise the Statement of Financial Activities. the Statement of Financial Position. the Statement of Cash Flows and notes to the financial statements. including a suinmary of signifi&1 accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Acceptcd Accounting Pracli¢¢). including Financial Reporting Standard 102 'TIIc Financial Reporting Standard applicable in the UK and Republic of Ireland,, In our oplnion the financial statements". give a true and fair view of the state of the ohoritabl¢ CoMpanS affairs as at 31 March 2023 and of its incoming resources and application of resources, including its income and expenditure. for the year then have been properly prepared in accordanc¢ with United Kingdorn Generally Acc¢ptcd Accounting Practice, iiicluding Finaiicial Rcporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ir¢land'; and have been pPared in aordanCe with il)e requiTem¢nts of the Companies Act 2006, Basls for opinlon Wc conducted our audit in accordance with Internation&1 Standllrds on Auditing (UK) (ISAS (UK)) and applicable law. Our responsibAliti¢s under tlios¢ standards are further described in tlie Audilors, responsibilities for the audit of the financial stat¢ments section of our report. We ar¢ independent of tlie charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK. including the FRC'S Ethical Stsndard. and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and approprlate to provid¢ a basis for our opinion, Conclusions relating to going eoncern In auditing the financial statements, we have concluded that the trustees, use of the going concern basis of accounting in the preparation of th¢ financial statements is appropriate. Based on the work we h8ve performed. we have not id¢ntified any material uncertainties relating to events or Conditions that. individually or collectively. may cast significant doubt on tlie Charitable company's ability to continue as a going ¢on¢em for a period of at least twelve months from when the financial statements ar¢ authorised for issue. Our responsibilities and ihe responsibilities of th¢ IniSte with respect to going concern are described in the relevant sections of thi5 report.
ort of the Inde endent Audltors to the Trustees 8n41 Members of Pole lass Communl Association Sall Gardens Ltd Other tnformatlon The trustees ore responsible for th¢ olher inforniation. The other infom]ation comprises the inforination included in the Annual Report, other than ihe financial statements and our Report of th¢ Independent Auditors Ihereon. Our opinion on the financial stateinents does not ¢ov¢i th¢ other information and, except to the exteiit otherwis¢ explicitly stated in our report, we do not express Any form of assurance conclusion ihereon. In connection with our audit of the financial stst¢ments, our responsibility is to read the other information and, in doing so, consider whether the other infom)ation is materially inconsislent witli the financial statements or our knowledge obtained in the audit or otherwise appears to b¢ materially misstated. If we identify such material inconsistencies or apparenl material misstatements, we are required to determine whether this gives rise to a material misstatemenl in th¢ financial statements tliemselves. If, based on the work we have pcrformed, w¢ conclude that there is a materlal misstat¢ment of this other information, we are required to report that fact. We have nothing lo r¢port in this regard. OplnloD8 on oth¢r matters preJ¢ribed by the Compatties Aet 2006 In our opinion, based on the work undertaken in the course of the audit: the information given in the Report of the Tru$t¢es for the financial year for which the finan¢ial stat¢mcnts are prepared is consistent with the financial statemenls" and the Repoi'l of the Trustees has been prepared in accordance with appli¢able legal requiremenls. Mattera on which we are required to report by exeeption In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Report of the Trustees. W¢ have nothing to report in respe¢t of the following matters wliere the Companies A¢t 2006 requires u5 to report to you if, in our opinion: adequate accounting records have not been kept or returns adequate for oiir audit have not b¢en received from branches not vtsited by us. or th¢ financial statements are not in agreement with Ihe accounting records and returns; or certain disclosures of tru3t¢¢s' remuneration specified by law are not made: or we hav¢ not receiv¢d all the inforniation and explanations we require for our audlt. Responsibllfilles of trustees As explained more fully in the Statement of Tntee5, Responsibilities, the tnjstees (who also th¢ directors of thc charitsble Company for the purposes of company law) are responsible for the preparation of the financial statements and for being satlsfied that they give a true and fair view, and for such internal control as the trustees det¢rmine is necessary to enable the preparation of financial statements that are free from material misstatement. whether due to fraud or error. In preparing the financial statements. the Irustees are responsible for assessing the charitable company'5 ability to Continue as a going concem, disclosin& as appllcable. matters related to going ¢oncern and using the going concern basis of accounting unless th¢ trustees either intend to liquidate the charilable company or to cease operations. or have no realistic alt¢rnativ¢ but to do so. 10
ort of the Inde Pole 19s$ Communi Sall Gardens Ltd ¢ndeDt Auditors to the Trustees and Members of Associatlon Our responslbllltles for the audlt of the financial statements Our objeotives are to obtain reasonable assurance about whether the financial st8tements as a whole are free from material misstatemen( whether due to fraud or etror, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance fts a high level of a5suranc¢, bul is not a guarant¢¢ tliat an audit conducted in accordance with ISAS (UK) will always detect a inaterial misstatement when it exists. Misstatements can arise from fraud or error and are ¢onsidered material if. individually or in the aggregate, they could reasonably be expected to influence the economi¢ decisions of users taken on the basi$ of these financial statements. The extent to which our procedures are Capable of detscting irregularities. including fraud is detailed below: Irregularities, including fraud. are instances of non-complian¢¢ with laws and r¢gulatio)Is. We design procedures in line with our r¢sponsibilitAes. outlined above, to detect material misstatemenls in respect of irregulaiiti¢s, including fraud. The extent lo which our procedures are Pable of delec(ing irregularities, including fraud is detailed below: Bh5ed on our understanding of the company and industry. we identified the principal risks of non.¢ompliance with laws and regulations as those that have a direct impact on the deterrnination of Inaterial amounts and disclosures in the financial statements. We evaluated managemenvs inc¢ntives and opportunities for fraudulent manipulation of the finan¢iAI statements and determined that the principal risks related to revenue recognition. We communicated the identified laws and regulations throughout th¢ audit team and remained alert to any indications of non-compliance througliout the audit. Audit procedures perfornied included, but were not limited to: Discussions with manaE¢ment including consideration of known or suspected ii)stances of non-compliance with laws and regulation and fraud; Reviewing the financial statement disclosures and testing to supporting documentation: Review of board meeting minutes of those charged with governance. In addressing the risk of fraud through management overide of controls. testing the appropriateness of journal entries and oth¢r adjustments. As part of an audit in accordance with ISAS (UK), w¢ ¢xer¢is¢ professional judgment and mainlain professional scepticism throughoul th¢ audit. W¢ also:. Identify and assess th¢ rlsks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedur responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provid¢ a basis for our opinion. The risk of not det¢cting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misr¢pres¢ntations, or th¢ ov¢rride of internal control. Obtain an understanding of internal control relevant to the audit in ordor to design audit procedures that are appropriate in the cir¢umstan¢es, but not for the purpose of expressing an opinion on th¢ ¢ffectivene5s of the chartties internaft control. Evaluate the appropriatenes5 of accounting poli¢i¢s used and the reasonableness of accounting estimates and related disclosures made by the tru¢$.
ort of the Inde Pole lass Communi SAII Gardens Ltd endent Auditors to the TrllSt and Members of Association Perform analytical procedures to identify any unusual or un¢xpe¢ted relationships that may indicate risks of rnaterial misstatement due lo fraud OT error. Conclude on thc appropriateness of the trustees, use of the Eoing concern basis of accountiiig and based on the audit evidence obtained, whether a material uncerlainty exists related to events or conditions that may cast significant doubt on the charities ability to continue as a going concern. If we conclude Ihat a material un¢ertainty cxists. we are required to draw attention in our audito¢s report to the related disclosures in the financial statements or, if su¢h disclosures are inadequate, to rnodify OUT opinion. OUT con¢lusiorJs are based on tlie audit evidence obtained up to the date of our auditorfs report. However. future events or conditions may Cause the charity to cease to continue as a going concern. Evaluate the overall presentation, structure, and content of the financial statements. in¢luding the disclosures and wh¢ther the financial statements represent the underlying traiisactions and event5 in a nianner that achieves fair presentation. W¢ Communicate with those charge with governance regarding, among other matters, the planned scope and timing of th¢ audit and significant audit findin. including stgnificant deficiencies in internal control that we identify during our audit. A further description of our r¢sponsibiliti¢s for the audit of the financial slatemenls is located on Ihe Financial Reporting Council's website at www.fr¢.or&UaudltOrsrCspOnSibI1ltl¢s. This des¢riptioii foi'ms part of oiir Report of the Indep¢ndenl Auditors. Use ofour report This report is made solely to the charitable 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 rnight state to the chariiable company's inembers those matters we are required to 5tat¢ lo them in an auditors, 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 ¢oinpany and the charitable company's members as a body, for our audit work, for thi8 rep the opinions we have fomled. Billy Drake (Seiiioi. Statutory Auditor) for and on behalf of Lynn Drake & Co Ltd Statutory Auditors 1st Floor 34 B-D Main Street Moira Co. Armagh BT67 OLE 7 July 2023 12