Budd Bear Trust
ri
abl
imit db Gu
rant
INDEPENDENT EXAMINER'S REPORT to the members on the unaudited financial
statemen
of Budd Bear Trust for the
ear end
31Au
ust 2022
We report on the financial statements of the company for the year ended 31 August 2022 which
are set out on page5 11 to 23.
Respectlve Responsibilitie5 of Directors and Independent Examiner
As the charitable company's Directors, who are the trustees for the purpose of charity law, you
are responsible for the preparation of the financial statements In accordance with the
requirements of the Companies Act 2006. Having satisfied ourselves that the charitable
company is not subject to audit under company law, and Is eliglble for independent
examination, it Is our responslblllty to:
examine the accounts under sectlon 65 of the Charities Act (Northern Ireland) 2008.
follow the procedures laid down In the general Directlons given by the Charlty
Commission for Northern Ireland under section 65(9)(b) of the Charities Act (Northern
Ireland) 2008; and
state whether partlcular matters have come to our attentlon.
Basls of Independent Examlner's Report
We have examlned your charltable company's financSal statements as requlred under sectlon 65
of the Charities Act (Northern Ireland) 2008 and our examlnatlon wa5 carried out In accordance
with the general dlrections given by the Charity Commlssion for Northern Ireland under section
65(9)(b) of the Charitles Act (Northern Ireland) 2008. The examlnatlon Included a revlew of the
accountlng records kept by the charltable company and a comparison of the accounts presented
wlth those records. It also Includes con51deration of any unusual Items or dlsclosures In the
accounts and seeklng explanatlons from you as charltable company Dlrectors concernlng any
such matters.
Our role Is to state whether any materlal matters have come to our attentlon glvlng us cause to
belleve:
That accountlng records were not kept In accordance wlth sectlon 386 of the Companles
Act 2006; or
That the accounts do not accord with those accountlng record5; or
That the accounts do not comply with the accountlng requirements of sectlon 396 of the
Companles Act 2006 and with the methods and principles of the Charities Statement of
Recommended Practlce appllcable to charitle5 preparing thelr accounts In accordance
with the Flnancial Reporting Standard applicable in the UK and Republic of Ireland; or
That there Is further Informatlon needed for a proper understandlng of the accounts to
be reached.
CavanaghKellyi Chartered Accountants & Statutory Auditors
Page19

Budd Bear Tru
hari
abl
om
Limited b Gu
rante
INDEPENDENT EXAMINER'S REPORT to the members on the unaudited fjnancial
statements of Budd Bear Trust for the
ear ended 31 Au
ust 2022
Continued
Independent Examiner's Statement
We have completed our examination and have no concerns In respert of the matters listed
above and, in connection with following the Directions of the Charity Commission for Northern
Ireland, we have found no matters that require drawing to your attention.
CAVANAGHKELLY
Chartered Accountants & Statutory Audltors
36-38 Northland Row
Dungannon
Co. Tyrone
BT71 6AP
Date: 12 May 2023
CavanaghKellyi Chartered Accountants & Statutory Auditors
Page | 10