Bl)rthswood Ireland Limited Independent Auditor's Report to the Members of Blythswood Ireland Limited Opinion We liave audited ihe financial statements of Blythswood Ii'eland Limited (the '¢harity'} for the year ended i I December 2022, whicli comprise the Statement of Financial Activities, Balance Slieet. Statement of Cash Flows, and Notes to the Financial Stateinents, includin(y a suinmary of si￿11r]cant accounting policies. The financial reporting frainework that has been applied in their preparation is United lCin(Tdom Accountiiig Standards, comprisina Charities SORP - FRS 102 'The Financial Reportino Standard applicable in the UK and Republic of Ireland, and applicable law (United Kinttdom Gen¢rally Accepted A¢courJting Practice). In our opinion the financial statements- give a true and fair view of the state of the charity's affairs as at J l December 2022 and of its incomiii¢r resources and application of resources, including its income and expendityre, for tlie year then elided,. liave beeii properly prepai-ed in accordance witli United Icingdom Geiierally Accepted Accourjtintr Pr&ctice- and have b¢¢n prep￿-ed iii accordance with the requiremeiits of the Compantes Act 2006. Basis for opiiiion We conducted our audit in accordance with International Standards oli Auditiiig (UK) {ISAs (UK}) and applicable law. Our responsibilities under those standards are further d¢scribed in tlie auditor respoiisibilities for the audTt of the financial statemeiits sectioii of out. report. We are iyjdependent of the charity in accordance with the etliical requii'ements that are relevant to our audit of tlie financial statements in the UK, including the FRC'S Ethical Standai'd, and the provision5 available for sinall entities, in the circumstances set out in note to the financial stateiTJ¢nts, and we liave fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is suffi¢tent and appropriate to provide a basis for oui- opinion. Conclusions relating to going eoneern In auditino the financial statements, have concluded that the trustees use of the going con¢¢m basis of accounting In the preparation of the financial Statements is appropriate. Based on the woi'k we have perforined: we have not identified any i￿aterial uncertainties relatinrj to events or conditions that, individually or collectively, Inay cast sionificant doubt on the charity's abi l ity to continue as a going concern foi- a period of at least twelve months from wheii tlie oritrinal fiiiancial stateinents were authorTsed for issue. Oui. responsibilities and tlie responsibilities of tlie trustees witli respect to (Foing conceim aTe described in the relevant se¢tions of tliis report. Other iii formation The trustees are responsible foT the other infonnation. The other inforniation comprises tli¢ inforrr]ation included iii the annual report, otlier than the financial statements aiid our auditor's repoTt thereon. Our opinion on the financial stateiiients 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 thei'eon. In connection with our audit of the financial statements, our responsibility is to read the other infomiatioii and, in doing so, consid¢r whetlier the other information is inaterially inconsistent with the tinancial statements or our knowledge obtained iii the audit or othenvise appears to be materially misstated. If we identify such material inconsistencies oi- apparent ITJaterial misstatements, we are required to deterinine whether tliere is a material misstatement in th¢ financial statements or a material misstateineftt of th¢ other iT)formatioii. If, based on the wol'l( we have peiformed. we ¢oiiclude that there is a material misstateinent of this oth¢r information, we al-e required lo report that fact. Page 8 Blythswood Ireland Limited Independent Auditor's Report to the Members of Blythswood Ireland Limited We have nothing to report in thTS retrai-d. Opinion on other matter prescribed by the Comp2ni¢s Aet 2006 In our opinion. based on the work undertaken in the course of the audit= the information trTven in tlie Trustees, Report for the financial year for which the financial statemeiits are prepared is consistent with the financial statements- and the Trustees, Report lias been PTepaTed in accordance with applicable legal requireinents. Matters on which we are required to report by exetption In the light of our knowledtse and understanding of the ¢h&rity and its environinent obtained in the course of the audit, we have not identified Inaterial misstatements in the Trustees, Report. We hav¢ nothin(Y to report in respect of the following rnatters where the Companies Act 2006 requires us to report to you if, in our opinion: adequate accounting records have noÉ been kept, or returns adequate for our audit have not been received fi-oin branches not visited by us. or the fii)ancial ststements are not in atrreement with the accounting records and retunis. or certaii) disclosures of trLlStees i-emuneration specified by law are not made. or we have not received all the information and explanatioiis we require for our audit. Responsibilities of trustees As explained mol-e fully in the Statement of Trustees, Responsibilities {set out on pafTe 7). the trustees are responsible for the preparation of the financial statements and for beino satisfied that they ¥ ive a true and fair view, aiid for such inten)al control as the trustees determine is necessary to enable the preparation of financial stateinents that are free from iTr)aterial misstatement, whether due to fraud or error. In preparinu the financial stateinents, the trustees are responsible for assessing the chai-ity's ability to continu¢ as a gointr concern, disclosin(Y as applicable, matters related to goinu concern and usincT the ooino concern basis of accounting unless the trustees eith¢r intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so. Auditor responsibilities for the audit of the fiiiancial statements Oui- objectives are to obtain reasonable assurance about whether the financial statements as a Fvhole are free froin material Imisstatement, wl)ether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a li?oh level of assurance, but is not a guarantee tliat an audit conducted iii accordance with ISAS (UK) will always d¢lect a Inaterial misstatement when it exists. Misstaiements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected io influence the economic decisions of users taken on the basis of these financial statements. The extent to which our procedures are capable of detecting irregularities, ineludintr fraud is detailed b¢low'. Blythswood Ireland Limited Independent Auditor's Report to the Members of Blythswood Ireland Limited We considered the opportunities and incentives that May exist within the Charity for fraud and identifIed the greatest potential for fraud in relation to revenue recognitton and payment of amounts froin the Charity. In common with all audits under ISAS (UK), we are also required to perforni specific procedures to respond to the risk of Inanagement override. We also obtained an understanding of the legal and reiFulatory frameworks that the Charity operates in, focusin on provisions of those laws aijd r¢