Thomas Doran Parknn4Tur Truyt Ac¢ountsfor theyear ended 31 M(wch 2024 Page 9 Report of the independent auditors to the members of Thomas Doran Parkanaur Trust Opinion We bave audited the accounts of Thoukngs tknan Paknaur Trust for the year ¢nded 31 March. 2024 which comprise the ststement of financial activiti&8. the balanoe sheet and the related notes, These fil1claI stateMts havc b¢ffl prwed under the acrA)unting polici&8 set out th¢rein. The financial reporting framework that has appli in their prarntiOll As applicable law and Unxted Kingdom Accounting Standards including Financial Reporting Standard 102 "Thc Financial Reporting Standard applicable in th¢ Unit¢d Kingdom alld Republic of Ireland" (unit Kingdom G¢ncrally Accq)t¢d Accounting Practice). In our opinion the accounts: give a true and fair view of the state of the charity's affairs as at 31 March 2024 and of its incoming resou and application of resources, including its income and expenditure, for the year then have been proptrly preparal in accord with United Kingdom Generdlly Acctpted Accounting Practic¢. and have be¢n prepared in accordance with the requIr¢MlS of the Charities Act (Northern Ireland) 2008. B*818 of opinion We c4)nducLed our audit in accordance with tJtternatioDal Standards on Auditing (UK) OSAS (UK)) and applicable law. Our responsibilities under those standards ar¢ further describe41 in the Auditors, responsibilities for the audit of the accouThts section of our report. We arc independent of th¢ charily in acoordance with the ethical requirements that are relevant to our audit of the acLounts in the UK, including th¢ FRC'S Etb1 Standard and we have lfille OUT ethical responsibiliti&% in accordano¢ with these requirements. W¢ believe that the audit evidence we bav¢ obtained is suffiGicnt and appropriat¢ to provide a basis for our opinion. ConelusAons relating to going eont¢rn We have nothing to Tcport An respect of the following matters in r¢lation to wbich thc ISAS (UK) r¢quire us to report to you where: the truste¢s' usc of tbc going concffli basis of a(UntIllg in the prq)aration of th¢ acwunts is not approprAate' or the trust¢es have not discloscd in the accounts any identified material uncertainti¢s that may cast significant doubt about the charities ability to continu¢ to adopt th¢ going concern basis of accounting for a pcriod of at least twdve nnthS from the date whell thc accoullts are authorised for issue. ASM
Thomas Doran Parkanomr Trusl A¢eoMntsSor iheyear ended31 March 2824 Prtge 10 Report of the independent auditors to the members of Thomyds Doran Parkanaur Trust (cont'd) Other inforniation The other inforrnation comprises the inforn]ation included in the trnstees, report and accounts, other than the accounts and our auditors. rey>rt thereon. The tnJst¢cs are responsible for the oth¢r infornmtion. Our opinion on the acCout8 doe8 not covcr the other inforn]ation arf excq)t to the extent otherwis¢ explicitly stated in our report, we do not express any form of assuranc¢ conclusion thereotL In connection with our audit of the accounts, our r&%ponsib(lity is to read thc oth¢r inforn]ation an(t in doing so, consider whether the otber infornmtion is materially inconsistent with thc accounts or our knowledgc obtaind in the audit or oth¢rwise appea to bc mat¢rially Jnisstated, If we identify such n)at¢rial inconsistencies or apparent mat¢rial D]isstatements, we are requiTcd to det¢rniin¢ whethcr thc is a material misstatement in the accounts or a DrrIa1 misstatement of the other infonnation. If, based on the work we have perforjnd, we conclude that there is a mat&ial misstatement of this other infornmtion we are UIred to r¢port that facL We havc nothing to report in this regard. Opinion on other matters prescribed by the Comp1¢5 Act 2006 In our opinioTh based on th¢ WO und¢rtakell in the course of our audit, the information given in th¢ trustecs, rq)ort for the financial yw for which the accounts are prepared is Consistent with the accountg and has b¢¢n prq)arcd in accordance Thith the appliixble legal requir¢m¢nts. In th¢ light of the knowldge and understanding of the company and its environment obtained in the CA)urse of th¢ audit we have not id&ttified any mat[al misslat¢ments ill the trusLees' report. Matters on whleh we. are. re.quired repnrt by eiception W¢ hav¢ nothing to report iti r&spect of the following matters whffe tbe Companies Act 2006 reouires us to report to you if, in our opinion: adequate awoullting re£ords have not been kept. or rdurns adequate for our audit have not been received from branch&8 not visited by L5. or thc accoullts are not in agreement with the acLounting re£ords and rdurns: or certain disclosures of tntees. remuneration Specifi by law are not made" or we have not rectiv all thc inforniation and explanations we requir¢ for our audit. ,ASM
Thomas Doran Parkonaur Trus¢ Accountsfov theyeor ended 31 March 2024 Page 11 Report of the independent auditors to the members of Thomas Doran Parkanaur Trust (eont'd) Respeetfve responslbllltles of trnstees As explained mor¢ fully in the tnIste. rwK)nsibilitie6 Statanent s& out on pag¢ 5, the trustees are r&8ponsibl¢ for the preparation of the accounts and for b¢ing Satisfi that they give a tru¢ and fair view, and for such intemal control as tbc tswtc¢s deterniine is necessary to ¢nabl¢ th¢ PT¢parntion of accounts that are free from material misstat¢m¢nt, whether du¢ to fraud or enDr. Ln preparing the accounts, th¢ trustffs are reswn8ible for assessing th¢ charity's ability to continue as a going Concer diloSing, as applicable, mattcrs related to going concern and using th¢ going concem basis of accounting unless th¢ trustees either intend to liquidat¢ the company or to cease operations. or have no realistic aLtanativc but to do so. Auditors, respo]ibl1fitieS for the audit of the financial statements OLW objcctives are to obtain reasonable assurdnce aEx)ut whether the accounts as a whole are free from material misstatement, wh¢th¢r due to fraud or error, alld to issu¢ an auditors, report that includes our opinion. Reasonable a&suTancc is a high level of assurnnce, but is not a guarant¢¢ that an audit conducted in accordance with ISAS (UK) will always detect a material misstatunent when it exists. Misstatem¢nts can arise from fraud or error and ConsidCd matcrial if, individually or in the aggregat4 they could reasonably bc expcthd to intluence the economic decisions of u8WS takcn on the basis of th&se financial statements. Irregularities, including fraud, ar¢ instances of non-cornpliance with laws and rcgulations. We design pro¢edures in line with our responsibilities. outlind above. to d&ect material misstatements in respect of irregularities, including fraud. The extent to which OUT prncedur&% are capable of detecting IeillntIe.8, inp.liiding frAud i.s delAileA below.. We gained an understanding of th¢ l¢gal and regulatory framework applicable to thc Company and the industry in which they operate and considffcd th¢ risk of acts by the Company that were contrary to appliable law and rcgulations. including fraud. We considered th¢ opportunities and ince1v&S that may exist wkthin the Company for fraud and identified the greatest potential for fraud in thc following ar¢as', mismanagement of paytnents, posting of unusual journals together with complex transactions, rcvenue rccognition aDd subjectivity of valuations us&1 for laTMI and buildings. We dcsign¢d audit procedu$ to respond to these risks. r¢cognising that the risk of not detillg a material misstatement duc to frdud is high¢r than the risk of llot detecting Oll¢ TC8ulting from error, a8 frdud may involv¢ deliberate concealment by, for eAampl¢, forgery or inlcntional misrepresentations, or through collusion. Our audit procedures includeAI: enquircs of management about th¢ir own identification and assessmcnt of risks of irregularities. specific tests of detail ovcr payments, sample testing of journals posted during the year, verifying th¢ und¢rlying assumptions adoptd for the property valuations, specifiG tcsts of dctail over revenue recA)gnition and a TCVi¢W of areas of judg¢m¢nt for indicatOf8 of nwMgement bias to address the risks. ASM
Tlwmas Dornn Parkanaur Trusl Accountsfoy theyear end¢4 31 Mareh 2024 Page 12 Report of the independent auditors to the members of Thomas Doran Parkanaur Trust (cont'd) Auditor5, responsibilitses for the audit of the financial statemellts (cont'd) Becaus¢ of the inherent limitation8 of an audit. therc is a risk that w¢ will not dctcct all i•aTiti¢s, including those Iillg to a rnaterial misstatemart in the financial statements or non-compliance with regulation. This risk inCrse9 the morc that compliancc with a law or regulation is removed from the events and trdnsactions retlected in the financial statements, as we will bc less likely to bccome aware of instances of non-complianc¢. The risk is also gTeater regarding irregularities occumg due to fraud rather than error, as fraud involv¢s int¢ntional concealmenL forgery, collusion, omission or Misrcpr¢8tati0n. A further description of OUT rcsponsibilities for audit of the financial Statem1$ is located on the Financial Reporting Council's website at: www.frc.or .uklauditOL3r¢s ousibilities. This dcscription fornis part of our Auditors. r¢w)rt. This report is n]ade solely to the company's member4 as a b(Kly. in accordancc with Chapt¢r 3 of Part 16 of th¢ CompaDiCS Act 2006. Our audit work bas been undertaken so that we might state to the CoMpanS members those matters we r¢quired to state to tbem in an auditor8, report and for no oth¢r puo)ose. To the fullest exl¢Dt perniitted by law, w¢ do not ac¢t or assum¢ responsibility to anyone other than the company and the company's members as a body> for our audit worl £or this report, or for the oplnions we have fornied. ASM (D) Ltd Chartsred Accoulltsnts and Registered Auditors Dunga]0 29 November 2024 ASM