FIELDS OF LIFE TRUST {A company Ilmlted by guarantoe) INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF FIELDS OF LIFE TRUST Oplnlon We have audited the flnanclal statements of Flelds of Life Trust (th8 'charitsble company) for the year ended 30 jur 2023 whlch comprise the Statement of financial activitles, the Balance sh86l, the Statement of cash flows and the lated not, Including a Summary of slgnM¢ant aountrng policies. The financlal reporting framevA)rk that has been 8pplied in their preparetion 18 applicable law and United Kingdom Accounting Stsndards, includlng Financi81 Reporting Standard 102 'The Flnancial Rewrtlng Standard applicable in the UK and Republlc of Ireland. (United Klngdom GenerallyAccepted Accounting Practlce). In our opinlon the flngncl81818ternent$: glve a true and falr vlew of the state of the ¢h8ritable companV¥ affalrs 89 at 30 June 2023 and of ils Incomlng SourceS and application of resources, including Its Income and expendlture for the year then ended: have been properly prepared In aceordanGe w5th Uniled Kingdom Generally Accepled Accounting Practice; and have b¢en prepad In accordance with the requlrement8 of the Compan5e8 Act 2006. Ba61$ for oplnlon We conducted our 8udli In aceordance with Internatlonal Standard8 on Audrtlng (UK) <ISAs (UK)} and appllcable law. Our responslbllities under those st8nd8rds are further descrlbed in the Audllors, re$pon8ibilities for th& audit of the ffnanclal statements section of our reF)Ort. We are independent of Ihe charllable company In accordance vAlh the ethlcal requlr8m8nts that are relevant to our audlt of th8 financlal $latement8 In the Unlted Klngdom. including the Flnancial Reporting Councifs Ethical Standard, and we have fulfilled our other ethical responsibilltFes in accordance with Ihe$e requlrem8nts. We belleve that the audlt evldence we have obtalned 1$ sufficlènl and appropriate to provide a basls for our oplnion. Concluslon$ relatlng to golng concern In audltin9 the financial stat¢ment¥, we hav8 coricluded that the Tru$te8$' u8e of the goiry concern basis of accountlng In the preparation of the financial stalements is appropriate. Based on the work w8 h8ve performed. we have not identified any materi81 uncert8lnties relating to evenls or conditlons that, indlviduelly or ¢ollectfvely, m8y cast slgnificant doubt on the charitable ¢ompan*s ability to contlnue as a going concarn for 8 period of at least twelve months from when the financlal slatement8 are aulhorised for issue. Our responsibilities and the re8ponsibilitie8 of the Tru8tee8 viith respect to goinp Concern are desutbed in the rel8vant Sectlons of th[$ report, Page 9
FIELI)S OF UFE TRUST (A company Ilmitod by guaranto•) INDEPEKOEKf AUDITORS. REPORT TO THE MEMBERS OF FIELDS OF LIFE TRUST (CONTINUED) Other Infomiation The ¢)ther Snfomiatlon comprlses the Infomiatlon In¢ded In the Annual report other than the financlal statements and ¢ur Auditors, report thereon. The Trustees arè rèsponsible for the other Infomation contained within the Annual report. Our opinion on the ffnancBI statements does not cover the other infom14tion and. except to the extent otherwise explicitly statsd In our report we do not expres8 any fom of assurance l¢lUsIOn there0 Our responslbility is to read the other infomation ond. In doing so, consider whether the other infomiation is materlally Inconsistent with the financial statements or our knoedge obt8ined in the course of the audll, or otherntse appears to be materfally m13St8ted. ff we Idenllfy sh material incon8lstencles or apparent material mis$1oiements, we are requlred to detsmlne th6ther this gives rise to a material misstatement In the finan¢lal slatements themsels. If, based on the brk we have perfomed. we conclude that there is a materlal misstatement of this other infomidon, we are requlred to report that facL We hwle nothlng to report In thls regard. Oplnlon on other matters pre$crlbod by the Companl•s Act 2006 In our opinion, ba8ed on the Vrk undertaken in the course of the audl the infomiation glven In the Truste&8' r¢port for tha flnanclal yeor for whlch th• financlal statements are prepared18 consistent wth the financial slatements. thè Trustees, report h88 been prepared in 8ccord8nce wtth appllcable legal raquiremerts. Matt845 on whlch we are requlred to report by excoptlon In the Ilght of our knowledge and understanding of the ehari18ble company and its envlronment obtained in Ihg course of the audit, we have not Identified m8terS8l mlsslatements In the TNStee¥' report. We have riothing lo report in respect ol th• foltowing mattèrs In re18tion to whlch Companie$ Act 2006 requlres u¥ to report to you rf, In our oplnlon.. 8dequ8te accountlng records have been kapt, or retums adequate for our audit have nol been received from branches not vislted by us; or the financial statements are not in agreement wlth the accounting r8¢ord$ and returns; or ertaSn d15closures of Tru3tee$' remuneration Specifpd by law are not made,. or we have not received all the infomation 8nd explanatlons we require for our audit: or the Trustees were not 8ntitled to prepare tha financial statements in accordance with the small ¢ompanle8 reglme and take advantsg8 of th8 small companles, exemptions in preparing the Trustees, report and from the requirement to prepare a Strat8gi¢ repo Rosponslbllltles of trustees As explained mor8 fully in the Trustees, responslbilities ¥tstemen( the Truste88 (who are also the dlrectors of the charltable company for the purposes of company law) are responsible for the preparation of the financlal statements and for belng satisfied that they give a true and fair view, and for $uch intemal control as the Trustees detemlne is necessary to 8nabl@ the preparation of financial stslem8nts that are free from material mi6$1atement, tte1her due to fr8ud or error. In prqjaring the financial statements, the Tnjstees are responsible for assesslng the charitable compatys abllity to continue as 8 going concern, disclosing, 08 appluble, matters related to going con¢em ar using the golTVJ conrn basis of accounting unless the Tru5tses:dther Intend to liquidate the charitable Company or to cease operations. or have no realistic altemative but to do so. Page 10
FIELDS OF UFE TRUST (A company Ilmiled by guarantee) INDEPENDENT AUDITORS. REPORT TO THE mBERs OF FIELDS OF LIFE TRUST IcoprfiNUED) Auditor8. rosponslbllltles for th8 audlt of the financlal statements Our o¥8Ctlves ar8 to obtsln reasonable assuT8nce about whether the financial statements as a whole arè free from Materi misstatement, whether due to fraud or em)r, and to issue an Auditors, report that Includes our opinlon. Re880n8ble assurance Is 8 high level of assuranco. but is not a guarantee that an audit conducted in accordance vthh ISAS {UK) will alwa deteGt a Material misstatement when it exists. Mi581atements can arlse from fraud or error 8nd are considered material if. individually or in the aggregate, they could rea90nably be expected to Infiuence the economlo declslons of users taken on the basis d th838 financial stotemenls. Irregularides, Induding fraud, are Instances of non-compli8nce wlth law8 and regulatk)ns. We deslgn procedures In Ilne wth our responslbllltles, outlined abov8, to detect material misstatements in respecl of Irre9ulariti8S, Indudlng fraud. The extent to whlch our procedur8s are capab18 of dètecting irregularitie8, Including fraud is detalled bel¢)W'. Our approach to identifying and a$sesslng the risks of material mis8tatement in respect of Irregulariiie8, Includw fraud and nc<0MplIqnCfr w6th law8 and regU10n), was a8 foll¢)ws. The engagement Partner ensured th8t the engagement te8m CollectrlY had the appropriate competence. capabilities and skllls to Identify or recognise non-compllance with appllcabl8 laws 8nd regulationg. As part of tl audlt In accordance wlth ISA$ (UK) we exercised professlonal judgement and maintained professional 8keptlclsm throughout the audit. W8 idènlified the laws and regulatlons 8ppllcable lo the company through dl8CUg$iQll8 wlth dlrector8 and other management, and from our commerclal knedg8 and experlence of the sector 8nd we focused on 8pecltlc18ws and regul8tion6 whlch we constdered may have a direct material effeci on tha flnanclal statements the oper8tions of Ihe company, includlng the Companies Act 2006, Charities Act, taxatit)n leglslatlon and date protectlon, antfvbrlbery, employment, envtronmenlgl and health and 8af¢ty legislation. We a8se8$ed the susceptlbS1ity of the compan5ls financlal statements to materlal mlsglatement, in¢ludlng obtalning an understandlng of how fraud might occur. by making enqulrles of management as to wher8 they considered there wa8 suscepiibilty to fraud, their knNledg8 of actual, 8uspected and 811eg8d fraud 8nd ton8ldering the internal controls in place to miligate rlsks of fr8ud and non*compllanc8 Wth laws and regulatlon8. We obtained an understanding of inlemal controls relevant to the audlt in order to design audit procedur86 that were appropriate in the ¢lrcums18nces but not for the purpose of expresslng an oplnlon of the elfeclivene88 of Compans19 Internal control$. To add5 the rljk of fraud through m8nagement bi88 and override of ¢ontro18, YR perfomied analWic81 procedures to identify any unusual or un8xpected relationships. tested journal enlrles to Identlfy unusual tran88Ction$,' evaluated the 8pproprlatenes8 of accountlng polrcles Used. includirvJ managements, use of the golng concem basis of accounting, and the reasonablenes$ of accounting estimates and related disclosures mad8 by management., and investlgaled the rationale behlnd 8ignlflcant or unusu81 transactlons. In response to the rlsk of irregulariti88 and noTrcompllance with laws regulations, w8 deslgned procedures which included but were not limited to agreelng fanCIal statement dlsc108ure$ to undertylng supporting documentation. reading the mlnutes of m88tings of those charged with govemance; and enquiring of management as to aclu818rMI potenlial litigation and clawns. Because of the inherent Ihnltations of an audi( there is a risk that we wll noi deled 811 irregularities. inthding those leading to a material misstatement in the financial statements or non-compliance with regulatlon. This risk Increases the more that ¢ompliance with a law or regulallon Is rMOVed from the events and transactions refiected in the financial s&3tèmenls, as we wlll be less likely to become aware of instances of non-compliance. The risk 18 also greater legarding irregularities occurring due to fraud rather than error. as fraud involves Intentional concedment. forgery. coNusion. omi55ion or misrepres8ntation. A ftrther descrlptlo.n of our responslI11S for the audit of the financlal statements Is located on the Financial Reporting Council's website at". Wrf4W.frc.or .uk12uditorsres Auditors, reporL onsibllities. This description fomis part of our Page 11
FIELDS OF UFE TRUST (A company Imnlted by guarantee) INDEPENDENT AUDrroRS' REPORT TO THE MEMBERS OF FIELDS OF UFE TRUST (CONTINUED) Use of our report This report is made sdelyio tha clritable compaWs mernbers, as a body, in accordance with Chapter 3 of Pert 16 of the Ctynpanies P£t 2006. Our audit Work has been undertaken so that we might Stste lo the charitable ¢ompatys rnembern those mattefs are required to state to them in an Audltors, report and for no otsr purpose, To the full8st extent pemi5t(ed by law. we do not accept or assume fesponslbllty to any¢xe other than the chaiitsble company arKI Rs membws, a8 a body, for our audlt vth. for this report. or ft)r the Wnions we hava fonned. Mlchael Fltch (Sonlor statutory audftor) for and on behalf of UHY Hacker Young Fltch Ltd ststutory Audittys and Chartered Accountsnts 27-29 Gordon Streat Belfa8t Antrlm BT12LG g February 2024 UHY Hacker Young Fltch Ltd are ellglble to act as audltors in terms of sectlon 1212 of the C¢Jmp8nle8 Act 20. Page 12