ROSARIO YOUTH CENTRE INDEPENDENT AUDITOR'S REPORT TO THE MANAGEMENT COMMIThEE OF ROSARIO YOUTH CENTRE Opinion We have audited the financial stalements of Rosario Youth Centre (the 'charity') for the year ended 31 March 2024 which comprise the statement of financial activitie5, the statement of financial position and the notes to the Iinancial statement5, 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 Stsndards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republ￿ of I￿15nd (United Kingdom Generally Accepted Accounting Practice). In our opinion, the financial statements.. give a tTue and fair view of the state of the charity's affairs as at 31 March 2024 and of its incoming resources an￿ applicatioii of resources. for thc year thon ènded-. have been propedy prepared in accordance with United lQngdom Generally Accepted Accounting practi￿.. and have been prepared in accordance with the requirements of the Charities Act (Northem Ireland) 2008 and regulation 8 of the Charities [Ac￿Unts and Reports) Regulations (Northem Ireland) 2015. Basls for opinion We conducted our audit in accordance with Inlernab"oNal Standards on Auditing (UK) (ISAS IUKII and applicable law. Our responsibilities under those standards are further described in the Auditors responsibilities for the audrt ol the financial statements secDon ol vur report. We arc independent of the r.h2rity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, Including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilitses in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conc5usions relating to going concern In aud((ing the financial statements, we havv wnGluded that thc mona98ment committep iJ4e of the goino concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertaintses relating to events or conditions that, individually or collectively, may cast signffj¢anl doubt on the charity's ability to continue as a going concem for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilibes of the management committee with respect to going concern are described in the relevant sects'ons of this report_ ROSARIO YOUTH CENTRE INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MANAGEMENT COMMirrEE OF ROSARIO YOLrrH CEKfRE Other infonnation The other infomi*ion comprtses the i￿o￿atiOn included in the annual report other than the finarcial statements and our auditoffs report thereon. The management commtttee are responsible for the other infomation rontsined thin the annual reporL Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon. Our iesponsibilty is to read the other infomiattcn and, in doing so, consider whether the other infornation is materially inconsistent with the finanual statements or our knowledge obtsin8d in the course of the audrL or otherwse appears to be m*erially misstated. If we identify such m*eri81 inconsistenaes or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statemerrts theMSe￿e$. If, based on the work we have perfomed, we conclude that there is a material misstatement of this other InfO￿atiOn, we are required to report that frdct We have nothing to report in t￿S regard. Matters on which we are required to report by exception We have nothing to report in respect of the followtng matters in relation to which the Charities (Ac¢ounts and Reports) Regulab"ons (Northem Ireland) 2015 require us to report to you if, in our opinion.. the infomiatton given in the financial statements is inconsistent in any matertal respett wrth the management committee repor( or sufficient accounting records have not been kep( or the finan￿￿ statements are not in agreement wtth the accounting re¢ords-, or we have not received all the information and explanations we require for our audtL Responsibilities of management committee As explained more fully in the statement of management committee responsibilities, the management committee are responsible for the preparation of the finanaal st*ments and for being satisfied that they gtve a true and fair view, and for such intemal control as the management committee determine is necessary to enable the preparation of financial statements that are free from material misstatemenL whether due to fraud or error. In preparing the financial statements, the management commtttee are responsible for assessing the eharttls ability to continue as a going concern. disdosing, as applicable. matters related to going con￿rn and using the going Conc￿ basis of a￿oUntIng unless the management commitiee etther intend to ￿se operation5. or have no realistic altemative but to do so. ROSARIO YOUTH CENTRE INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MANAGEMENT COMMITTEE OF ROSARIO YOUTH CENTRE Auditor's responsibllities for the audit of the financial statements We have been appointed as auditor under section 65 (21 of the char￿e5 Act (Northem Ireland) 2008 and report in accordan￿ with regulatioris made under section 66 of that Act. Our objectsves 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 auditoffs 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 (UK) will always detect a materi31 misstatement when it exists. Misstatement5 can arise from fraud or error and are considered material if, individually or in the aggregate. they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial st3tements. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above. to detect material rnisslatements in respect of irregularities. including fraud. The extent to which our prixedures are rapable of detecting irregulanties, including fraud. is detailed below. ROSARIO YOUTH CENTRE INDEPENDENT AUDITOR'S REPORT {CONTINUED) TO THE MANAGEMENT COMMITTEE OF ROSARIO YOUTH CENTRE Extent to which the audit was considered capable of detecting irregularttres: including fraud We identify and assess the risks of matertal misstatement of the ffnancial statements. whether due to fraud or error, and then design and perform audit procedures responsive to those risks, including obtaining audit evidence thtta IS suffictent and appropriate to provide a basis for our opinion. In identifying and assessing potential risks of material misstatement in respect of iFregularitie4 including fraud and non-complian￿ with laws and regulations, we considered the following: The nature of the industy and sector, control environment and business performance. including the charrty's remuneration poliaes for mar*agement committee, bonus levels and perf0rnan￿ targets, if any,. Results of our enquiries of management about their own identificatson and assessment of the risks of iffegularrties.. Any matters we identiffed having obtained and reviewed the tharity's documentation of their policies and procedures relating to- Identifying, evaluating and complying with laws and regulations and whether they were aware of any instance of non-compliance-, DetectTng and responding to the risks of fraud and whether they have knowledge of any actual, suspected or alleged fraud", and The intemal controls established to mtb9ate risks of fraud or non