Orangefield Congregation of The Presbyterlan Church In Ireland Independent Auditor's Report to the Members of Orangefleld Congregation of The Presbyterian Church In Ireland MUIR & ADDY CHAIIERII ACCDIITAITS Year ended 31 Decernber 2022 Opinlon We have audited the financial statements of Orangefield Congregation of The Presbyterian Church In Ireland {the 'charity'} for the year ended 31 December 2022 which comprise the statement of financial activities, statement of financial position, statement of cash flows and the related notes, including a summary of Significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards. including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements: give a true and fair view of the state of the charity's affairs as at 31 December 2022 and of it5 incoming resources and application of resources, including its income and expenditure, for the year then ended,. have been properly prepared In accordance with United Kingdom Generally Accepted Accountlng Practice; have been prepared in accordance with the requlrements of the Charitles Act {Northern Ireland) 2008. Basls for opinlon We conducted our audlt in accordance with International Standards on Auditing IUKI IISAS IUK}) and applicable law. Our responsibilities under those standards are further described in the auditor's responsibilltie5 for the audit of the financlal 5tatement5 section of our report. We are independent of the charity in accordance with the ethlcal requirements that are relevant to our audit of the financial statements in the UK, includlng the FRC'5 Ethical Standard, 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 appropriate to provide a basis for our oplnion. Concluslons relatlng to golng concern In auditing the financlal statements, we have concluded that the trustees, use of the going concern basls of accounting in the preparatlon of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to event5 or eonditions that, individually or collectively, may cast significant doubt on the charity'5 ability to continue as a going concern for a period of at least twelve months from when the flnancial statement5 are authorised for Issue. Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report. Other informatlon The other Information comprises the information included in the annual report, other than the financial statements and our auditor's report thereon. The trustees are responsible for the other information. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our re5ponsibilitV 15 to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statement5 or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material incon5iStencie5 or apparent material misstatement5, we are required to determine whether there is a material 13-
Orangefield Congregation of The Presbyterian Church In Ireland Independent Audltor's Report to the Members of Orangefield Congregation of The Presbyterian Church In Ireland MUIR & ADDY CIAHVERID A¢¢O•ITAIIS Year ended 31 December 2022 misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed. we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. Matters on whlch we are requlred to report by exceptlon In the light of the knowledge and understanding of the charity and its environment obtained in the course of the audit, we have not Identified material misstatements in the trustees, report. We have nothlng to report in respect of the followlng matters in relatlon to which the Charitles Act (Northern Ireland) 2008 requires us to report to you if, in our opinion: •the Informatlon given In the trustees, report Is inconsistent in any material respert with the financlal statements- or •adequate accountin8 records have not been kept; or •the financial statements are not in agreement with the accountin8 records and returns: or •we have not received all the informatlon and explanation5 we require for our audlt. Responslblllties of trustees A5 explained more fully in the trustee5' responsibilities Statement, the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine 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 trustees are responsible for assessing the charity's ability to contlnue as a goin8 concern, disclosin& as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so. Audltor's responslbllltles for the audit of the financlal statements Our objectlves 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 auditorfs report that includes our opinion. Reasonable assurance is a high level of assurance but Is not a 8uarantee that an audit conducted in accordance with ISAS (UK) will always detett a material mi55tatement when it exists. Misstatement5 can arise from fraud or error and are considered material if, individually or in the a88regate, they could reasonably be expected to influence the economlc decisions of user5 taken on the basis of these financial statement5. Irregularities, including fraud, are instance5 of non-cornpliance 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 irregularitie5, including fraud 15 detailed below: We discussed laws & regulations and fraud risks during our audit plannin8 procedures. We consider that fraud, if it were to occur, would most likely involve the misappropriation of income. Audit procedures were planned and performed to assess processes for recording the differentsources of income. We remain mindful thatfraud, 14-
Orangefield Congregation of The Presbyterian Church In Ireland Independent Auditor's Report to the Members of Orangefleld Congregation of The Presbyterian Church In Ireland MUIR & ADDY ¢HANTERlb A¢tOMITAITS Year ended 31 December 2022 by its very nature, may be difficult to detect but we have tested controls in place and consider that our audit has a reasonable chance of detecting a material fraud in this area. As part of an audit in accordance with ISAS (UK), we exercise professional judgment and maintain professional scepticism throughout the audit. We also: Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that 15 sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omi55ions, misrepresentations, or the override of internal control. Obtaln an understandlng of internal control relevant to the audlt in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the internal control. Evaluate the appropriateness of accounting policies used and the reasonablenes5 of accountln8 estimates and related disc105ures made by the trustees. Conclude on the appropriateness of the tru5tees' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast slgnificant doubt on the charity's ability to continue 35 a going concern. If we conclude that a material uncertainty exist5. we are required to draw attention in our auditor's report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are b35ed on the audit evidence obtained up to the date of our auditorf5 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, including the disclosures, and whether the financial statements represent the underlyin8 transactions and events in a manner that achieve5 fair presentation. We communicate with those charged with governance regardln& among other matters, the planned scope and tlming of the audit and 518nificant audit findings, including any significant deficiencie5 in internal control that we identify durin8 our audit, Use of our report This report is made 501ely to the charity's members, as a body, In atcordante wlth section 65 of the Charities Act (Northern Srelandl 2008. Our audit work has been undertaken so that we rnight State to the charlty'5 members those matter5 we are required to state to them in an auditor's 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 charity and the charity's members 35 a body. for our audit work, for this report, or for the opinions we have formed. 15105123 Muir & Addy Chartered accountants & statutory auditor 427 Holywood Road, Belfast, BT4 2LT IVl..A14 15-