CARNMONEY PRESBYfERIAN CHURCH Independent Auditorf5 Report to the Trustees and Congregational Committee of Carnmoney Presbyterian Church Year Ended 31 December 2022 Opinion We have audited the accounts of Carnmoney Presbyterian Church (the 'charity') for the year ended 31 December 2022 which comprise the Statement of Financial Activities, the Balance Sheet. the cash flow statement and the notes to the accounts, including a summary of significant accounting policies. The finanoal reporting framework that has been applied in their preparation bs applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102. The Financial RerKJrting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practlcel. In ouropinion the accounts: gNe a true and fair view of the state of the charitable company'5 affairs as at 31 December 2022 and of its incoming resources and application of resources. includin8 its income and expenditure, for the year then ended; have been property prepared in accordan with United Kingdom Generally Accepted Accounting Practi. and have been prepared in accordance with the requirements of the Constitution and Government of the Presbyterian Church in Ireland (The Code). Basis for opinion We conducted our audit in accordance with International Standards on Auditing {UK) {ISAs {UKI) and applicable law. Our reswnsibilities under those standards are further described in the Auditoe5 responsibilitie5 for the audit of the accounts section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the accounts in the UK, including the FRC'S Ethical Standard. and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believethatthe audit evidence we haveobtained is sufficientand appropriateto provide a basis for our opinion. Conclusions relating to going concem In audtting 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. Based on the workwe have performed. we have not identified any material uncertainties relatingto events or conditions that. individually or collectively. may cast significant doubt on the Charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the Trustees with respett to going concern are described in the relevant sections of thi5 report. li
CARNMONEY PRESBYtERIAN CHURCH Independent Auditorfs Report to the Trustees and Congregational Committee of Carnmoney Presbyterian Church (continued) Year Ended 31 December 2022 Other information The other information comprises the information included in the annual report, other than the accounts and our auditorfs report thereon. The Trustees are pOnSible for the other information. Our opinion on the accounts does not cover the other infomiation and, except to the extent otheise explicitfy stated in our report, we do not express any fomi of assuran conclusion thereon. In connection with our audit of the accounts, our responsibility is to read the other infonnation and, in doing so. consider whether the other information is materialty inconsistent with the accounts or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whetherthere is a material misstatement in the accounts or a material misststement of the other information. If, based on the work we have perfomied, we conclude that there is a material misstatement of this other information. we are required to report that fact. We have nothingto port in thi5 regard. Opinions on other matters prescribed by ap[cable law In our opinion, based on the work undertaken in the course of our audit: the information given in the Trustee5 Report for the financial year for which the accounts are prepared is consistent with the accounts." and the Trustees Report has been prepared in accordance with applicable legal requirements. Matters on whlch we are required to report by exception In the light of the knowledge and understanding of theTrustees and Fts environment obtained in the course of the audit, we have not identified material misstatements in the Trustees Report. We have nothing to report in respect of the following matter5 in relation to which the Charities Act {Northern Ireland) 2C4)8 requires us to report to you rf, in our opinion: - the inforniation gtven in the financial ststements is inconsistent in any material respect with the Trustees, report: or - sufficient accounting records have not been kept. or - the financial statements are not in agreement with the accounting records; or - we have not received all the infonnation and explanations we require for our audiL Responslbllities of Trustees As explained more fijlly in the Statement of Trustees Responsibilrties. the Trustees are responsible for the preparation of the accounts and for being satisfied that they give a true and fairview. and for such internal control as the directors determine is necessary to enable the preparation of accounts that are free from rnaterial misstatement. whether due to fraud or error. 12
CARNMONEY PRESBITERIAN CHURCH Independent Auditorfs Report to the Trustees and Congregational Committee of Carnmoney Presbyterian Church (continued) Year Ended 31 December 2022 Responsibilities of Trustees (continued) In preparin8 the accounts. the Tnjstees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Trustees either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so. Auditor's responsibilities for the audit of the financial statements Our objectives are to obtain reasonable assurance about whether the accounts as a whole are free from material misstatement, whether due to fraud or error. and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS IUKI will always detect a material misstatement when tt exists. Misstatements can arise from fraud or error and are considered material if. individually or in the aggregate. they could reasonab be expected to influence the economic decisions of users taken on the basis of these accounts. Irregularitie5, including fraud, are instances of non-complian with laws and regulations. We design procedures in line with our responsibilities. outlined atK)ve. to detect material misstatements in respett of irregularities, including fraud. The extent to which our prOdureS are capable of detecting irregularities, including fraud, is detailed below. We obtained an understanding of the legal and regulatory framework applicable to the charity through enquiry of management, industry research and the application of cumulative audit knowledge. We identrfied the following principal laws and regulations relevant to the charity - Charities Act Nl and the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102}. We developed an understandin8 of the key fraud risks to the entity (including how fraud might occur). the controls in platr to help mitigate those risks, and the accounts. balances and disclosures within the financial statements which may be susceptible to management bias. Our understanding was obtained through review of the financial statements for significant accounting estimates, analysis of journal entries, walkthrough of the key controis cycle5 in place and enquiry of management. Our procedures to respond to those risks identified induded, but were not limited to= Enquiry of management. those charged with govemance and the entity's solicitors around artual and potential litigation and claims. Enquiry of management to identify any instsnces of non-cornpliantr wtth laws and regulations. Reviewing minutes of meetings of those charged with governance. Reviewing financial statement disclosures and testing to supporting documentation to assess compliance with applicable laws and regulations. Auditing the risk of management override of controls, including through testing journal entries and other adjustments for appropriateness, and evaluating the business rationale of significant transartions outsidethe normal course of business. 13
CARNMONEY PREs8ERIAN CHURCH Independent Auditorfs Report to the Trustees and Congregational Commsttee of Carnmoney Presbyterian Church (continued) Year Ended 31 December 2022 A further description of our responsibilities for the audit of the accounts is located on the Financial Reporting Council's website at: httP:/lwww.frc.org.uklaudttorsreswnsibilities. This description forms part of our auditorfs report. This report is made solely to the TnJstees and Congregational Committee as a body, in accordance with section 65 of the Charities Act (Northern Ireland) 2008 and regulations made under section 65 of that Act. Our audit work has been undertaken so that we mght state to the committee those matters we are required to state to them in an auditorfs report and for no other purpose. To the fullest extent pemiitted by law. we do not accept or assume responsibility to anyone other than the church and the committee as a body, for our audit work, forthis retKJrt, or forthe opinions we have formed. J L GRANT (Senior Statutory Auditor) For and on behalf of FPM ACCOUNTANTS LTD Chartered Accountants & Statutory Auditor Unit l. Building 10 Central Park Mallusk Co Antrim BT36 4FS 14