Clanmil Housing AssocRation Limited Independellt auditors, report to the members of Clanmil Housing Association Limited 15 Report on the audit of the financial statements Opinion We have audited the fLnancial ststements. included within the Annual Statement of Accounts ("tbe Annual Report"), which comprise: the consolidated and association statements of fllthncial p051tion as at 31 March 2024. the consolidated and association statements ol comprehensive income, the consolidated and &w)ciation siatements of changes in reserves. and the consolidated cash flow stalemeni for the year then ended, and the notes to the fmancial statements, which include a description of the significant accounting policies. In our opinion, Clanmil Housing Associatioll Lirnited's group futhncial statements and association fmancial statetnents ( the futancia slatemellts").. give a true and fair vicw olthc stalc uf the group's and of tbe association's affairs as at 31 March 2024 and of the group'5 anc association's surplus, and of the group's cash flow& for the year then cuded; have been properly prepared in accordance with Uniled Kingdom Generally Accepied Accounting Practice (United KiDgdo Accountillg Stalldards. comprising FRS 102"The FinancthlReporting Standard applicable ￿ the UK and Rq)ublic of Ireland" atld applicable law)- havc bccn properly prepared in accordance with the C(Foperalive and Community Benefit Socictics Act {Northcrn IrclatLd' 1969 and the ReElStered Flousing Associations (Accounting Rcquirements) Order (Northcrn Ireland) 1993. Basis for opinion We conducted our audit in accordance with International Standartatement of the fmancial staternents or a material tnisstatement ol thc other iulormatioll. If. based on the work we have perfonned, wc conclude that there is a material misstatcmcnt ot tbis othei iDforniats"on, we ￿ required to Teport that facL We bave nothing to report based on these responsibilities. Responsibilities for tbe fmancial statements and the audit Responsibilities of the board for the financi21 statements As explained tnoie fjjlly ID thc Siatem¢nt of thc iespollsibililies of the members of the Board of Manageraent set out on pages 12 anc 13, the Board is responsiblc for the preparation of thc f￿a￿lia1 stateD]enls in accordancc with the applicable fratnework and for bcinE satisfied that they give a t￿¢ and fair view. The Board is also responsible for such internal control it determines is necessary tc enable tbe preparation of fmancial statements that are free from material misstatement, Ivhether due to fraud or error. Clanmil Housing Association Limited Independent auditors, report to the members of Clanmil Housing Association Limited (contAnued) 16 In picparing the f]nancial statenlenls. the board is responsible for ass¢ssing thc ￿0Up and association's ability to continue as a goinE coucern, disclosing as applicable. matt¢rs relatcd to going concern and using thc going concern basis of accounting unless the Boarc either ititeods to liquidaie the group and association or lo cease operations, or bas no realistic alternative but to do so. Auditors, responsibilities for the audit of the financial statements Our objectives are to obtain reasonable &ssurance about wbetber the fumocial statements &8 a whole are free from n￿terIal misslatement whether due to fraud or error. and to issue an audiiors, report that includes our Op￿10n. Reasonable assuiance is a high level of assuTancE but is not a gU￿antee that an audit conducted in accordance with ISAS (UK) will always detect a material misstatement when it exists Misslatements can arise from fraud or e￿or and are considered material if. individually or in the aggregate, they could reasonably bc expected to iDfluence the economic decisions of users taken on the basis of these fmancial statements. Irregularities, including fraud, are instances of noll-cornpliance with laws and regulations. We design procedures in lille with our responsibilities, outiiaed above. to detect material misstatements in respect of iThegularities. including fraud. The extent to wbich our procedures are capable of dete¢ting irregularities. including fraud is detailed below: We considered the opporthtties and incentiv&s that may exist withia the company for fraud and identified the greatest potential for fraud in the following areas.. timing of recognition of incotne and posting of unusual journals. To address those risks wc discussed the risks with clicnt managcment and designed audit procedures to test the timing of Tevenue recognitioll and tested a sample of joutnals to confitm they wcrc appmpriate. A furtber description of our res￿￿$]bIlitics for the audil of the fmancial statements is located on the Financial Reporting Council,: website at: www.frc.org.uklauditorsresponsibilities. This descripiion forn]s part of our auditors, report. Use of this report This report. including tILe opinions has been prepared for and only for the members as a body in accordance with section 43 of the Co. operative and Community Benefit Societies Aci (Nortbern Ireland) 1969 and article 19 of The Housiog (Nortbem Ireland) Order 199- and for nv other pU￿oSe. We do not. ill giving thcse opillioD4 accept or assu]ne responsibility for any othcr purEK)se or to any othei person to wbom this report is shown or into whose hands it may come save where expressly agreed by our prior conscnt in ￿Titing. Other required reporting Co-operative and Community Benefit Societie5 Act INDrthern IrelaDd) 1969 exceptioll reporting Under the Co-operative and Conllllunity Benefit Societies Act (Northern Irelalld) 1969 we are required to report to you rf. in our opinion.. a satisfactory system of control over transactions has noi been n￿]ntsIned. or we have not received all the inforn]att"on and explanations we require for our audit. or proper accoullting records have not been kept by thc association. or the association financial statements are Dot in agreement with the accounting recor(ts. We have no exceptions to report arising from this responsibility. Brian Clerkin (Senior Statutory Auditor) for and on behalf of ASM {B) Ltd Statutory Auditor Glendinning House 6 Murray Street Belfast BTI 6DN 28th June 2024