JAMES WILLIAMSON AND OTHER MEMORIAL FUNDS TRUST
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
INDEPENDENT AUDITORS, REPORT TO THE TRUSTEES OF JAMES WILLIAMSON AND OTHER MEMORIAL
FUNDS TRUST
Report on the audit of the financial statements
Opinion
In our opinion, James Williamson and Other Memorial Funds Trust's financial statements (the'financial statements")-
give a tnje and fair view of the stste of the Trust's affairs as at 31 December 2022 and of its incoming
resources and application of resources for the year then ended.
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting
Practice (United Kingdom Accounting Standards, comprising FRS 102 "The Financial Reporting
Standard applicable in the UK and Republic of Ireland" and applicable law)- and
have been prepared in accordance with the requirements of the Charities Act {Northern Ireland)
2008 and The Charities (Accounts and Reports) Regulations (Northern Ireland) 2015.
We have audited the financial statements, which comprise: the statement of financial position as at 31 December
2022; the statement of financial activities for the year then ended., and the notes to the financial statements.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) {"ISAs (UK)") and applicable
law. Our responsibilities under ISAS (UK} are further described in the Auditors, responsibilities for the audit of the
financial statements section of our report. We believe that the audit evidence we have obtained is sufficient and
appropriate to provide a basis for our opinion.
Independence
We remained independent of the trust in accordance wth the ethical requirements that are relevant to our audit
of the financial statements in the UK, which includes the FRC'S Ethical Standard and we have fulfilled our other
ethical responsibilities in accordance with these requirements.
Conclusions relating to going concern
Based on the work we have performed, we have not identified any material uncertainties relaling to events or
Conditions that, individually or Collectively, may cast significant doubt on the trust's ability to continue as 3 going
concern for a period of at least twelve months from the date on which the financial statements are authorised for
issue.
In auditing the financial statements, we have concluded that the trustees. use of the going concern basis of
accounting in the preparation of the financial statements is appropriate.
However. because not all future events or conditions can be predicted, this Conclusion is not a guarantee as to
the trust's ability to continue as a going concern.
Our responsibilities and the responsibilities of the trustees wtth respect to going concem are described in the
relevant sections of this report.
Reporting on other information
The other information comprises all of the infomiation in the Financial Statements other than the financial
stalements and our auditors, report thereon. The trustees are responsible for the other information. Our opinion
on the financial statements does not Gover the other information and, accordingly, we do not express an audit
opinion or any form of assurance thereon.
In connection with our audit of the financial statements, our responsibility 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 misstated. If we identify an apparent
material inconsistency or material misstatement, we are required to perform procedures to concludewhetherthere
is a material misstatement ofthe financial statements or a material misstatement ofthe other information. If, based
on the work we have performed. we conclude that there is a material misstatement of this other

JAMES WILLIAMSON AND OTHER MEMORIAL FUNDS TRUST
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
INDEPENDENT AUDITORS, REPORT (CONTINUED}
Reporting on other information (continued)
information. we are required to report that fact. We have nothing to report based on these responsibilities.
Based on our work undertaken in the course of the audit, the Charities (Accounts and Reports} Regulations
{Northem Ireland) 2015 requires us also to report certain opinions and matters as described below.
Trustees. Report
Under the Charities (Accounts and Reports) Regulations (Northern Ireland) 2015 we are required to report to you
if. in our opinion the information Contained in the financial statements is inconsistent in any material respect with
the Trustees. Annual Report. We have no exceptions to report arising from this responsibility.
Responslbllities for the financial statements and the audit
Responsibilities of the Trustees for the financial statements
As explained more fully in the Ststement of Trustee's responsibilities set, the tnjstees are responsible for the
preparation of the financial statements in accordance with the applicable framework and for being satisfied that
they give a true and fair view. The trustees are also responsible for such internal control as they determine is
necessary to enable the preparation of financial statements that are free from material misstatement, whether due
to fraud or e￿or.
In preparing the financial statements, the trustees are responsible for assessing the trust's ability to continue as a
going concern. disclosing as applicable, matters related to going concern and using Ihe going concem basis of
accounting unless the trustees either intend to liquidate the Trust or to cease operations. or have no realistic
altemative but to do so.
Auditors. responsibilities for the audit of the financial statements
We are eligible to act and have been appointed as auditors under section 65{21' of the Charities Act (Northem
Ireland) 2008 and report in accordance with the Act and relevant regulations made or having effect thereunder.
Our objectives 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 issue an auditors, reportthat 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. Misslatements can arise from fraud or
error and are considered material if, 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.
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 misstatements in respect of irregularities.
including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud, is
detailed below.
Based on our understanding of the Trusvindusty, we identified that the principal risks of nonwcompliance with laws
and regulations related to solicitors orders, data protection and employment. and we considered the extent to
which non-compliance might have a material effect on the financial statements. We also considered those law5
and regulations that have a direct impact on the financial statements such as the Charities Act {Northern Ireland)
2008 and The Charities (Accounts and Reports) Regulations (Northern Ireland) 2015. We evaluated the incentives
and opportunities for fraudulent manipulation of the financial statements (including the risk of override of controls)
by the trustees and those responsible for. or involved in, the preparation of the financial statements, and
determined that the principal risks were related to posting of inappropriate journal enlries to manipulate profit and
inappropriate recognition of revenue. Audit procedures performed included:
Discussions with management including the consideration of known or suspected instances of non-
compliance with laws and regulation and fraud.,
Identifying and testing unusual journal entries. in particu18rjournal entries posted with an unusual
account combination. and
performing unpredictable procedures

JAMES WILLIAMSON AND OTHER MEMORIAL FUNDS TRUST
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
INDEPENDENT AUDITORS, REPORT (CONTINUED)
Responsibilities for the financial statements and the audit (continued)
There are inherent limitations in the audit procedures described above. We are less likely to become aware of
instances of noncompliance with laws and regulations that are not closely related to events and transactions
reflected in the financial statements. Also. the risk of not detecting a material misstatement due to fraud is higher
than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example.
forgery or intentional misrepresentations. or through collusion.
A further description ofour responsibilities for the audit ofthe financial statements is located on the FRC'S
website at: ￿.frc.Or
.ukJauditorsres
onsibilities. This description fomis part of our auditors, report.
Use of this report
This report, including the opinions. has been prepared for and only for the charity's trustees as a body in
accordance with section 65 of the Charities Act (Northern Ireland) 2008 and regulations made under seclion 66 of
that Act (Part 4 of the Charities (Accounts and Reports) Regulations (Northern Ireland) 2015) and for no other
purpose. We do not, in giving these opinions, accept or assume responsibility for any other purpose orto any other
person to whom this report is shown or into whose hands it may come save where expressly agreed by our prior
consent in writing.
Other required reporting
Charities {Accounts and Reports) Regulations (Northern Ireland) 2015 exception reporting
Under the Charities (Accounts and Reports) Regulations (Northern Ireland) 2015 we are required to report to
you if, in our opinion-
sufficient accounting records have not been kept:
the financial statements are not in agreement with the accounting records.. or
we have not received all the information and explanations we require for our audit.
We have no eX￿ptionS to report arising from this responsibility.
Harbinson Mulholland
Chartered Accountants
Statutory Auditors
Centrepoint
24 Omieau Avenue
Belfast
BT2 8HS
18 OGFo64 2(n3