FELDS OF LIFE TRUST (A company Ilmlted by guarantee) INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF FIELDS OF LIFE TRUST Oplnlon We have audiled the financial statem8nt3 of Fields of Life Trust {th8'charitabl8 companVI for the year ended 30 June 2024 which comprise the Statement of financial activili8s. lh8 Balancè shèèt, the Stalement of cash flows and the related notes, induding a summary of signfficant accounting policies. Th8 financial reporting framework that has been applied In thelr preparation18 appllcable law and United lfjngdom Accountlng Standards, Includlng Financlal Reportlng Standard 102 'The FlnarKlal Rspong Standard applicable In thg UK and Republlc of Ireland, (Unlt8d Klngdom Gengrelly Accepted Accounllng Pracllcé). In our oplnbn the flnanclal statements: glv8 a trug and falr vlew of the state of the charltable mpan$ affalr8 a8 at 30 JUM 2024 and of It8 Incomlng resources and appll¢8tlon of r880urcès, Including its Income and expendlture for the year then anded., have been properly prepared in accordanco wlth Unlled Klngdom Generally A¢¢epied Accounting Practice; and have been prepared in accordance wilh Ihe requkements of the Companies Act 2006. Ba0 for oplnlon We conducted our audlt In accordance wlth Internatlonal Standards on AUdIng (UK) IISAS {UKII and appllcabla law. Our responslblllues under those 8tsndards are furth6r déscdbed In the Audltors, responslbllltSes for the audlt of the financlal stst8ments sectlon of our report. Wo 8r8 Indépendant of the charltsble company In accordance with the ethical réquiréments that are relevant to our audit of th8 financial statements in the Uniled Kingdom, Including Ihe Financial Réporting Councifs Ethlcal Standard, and we have fulfilled our olher ethical responsibilities in a¢cordancè with these requirements. We believe that the audit evidence w8 have obtained is 8ufflcl8nt and approprlate to provlde a basls for our oplnlon. Concluslon• ralatlng to golng cone•rn In auditing th& financial st8t8ménls, we hove concluded that the Trustees, use of Ihg going concem basis of accountlng In tha preparatlon of the flnanclal statemants18 approprlate. Based on the work we have P8rformed, w8 have not identified any materlal uncertainti8s relaling lo events or condltlons that, 1ndldUallY or collectlvely. may cast slgnlflcanl doubt on the chadtable companvs ablllty to contlnue as a golng conc8rn for a perlod of at least Iwelv6 months from when the flnan¢ial slaloments are authorlsed for18sue. Our responglbilltl88 and the r88ponslbllttlo8 of the TNstees vAth re8peGt to golng concom are descrfbed In the relevant sectlons of thls report. Page 11
FIELDS OF UFE TRUST (A Company Ilmltsd by guarantèè) INDEPENDENT AUDrroRS' REPORT TO THE MEMBERS OF FIELDS OF UFE TRUST (CONTINUED) Othor Inforniatlon The oth8r information mpriSeS th& information included in the Annual report other than the financial statements and our Auditors. rew)rt thoreC. Th8 Trustees are responsible for the other information conlained within th8 Annual report. Our opinion on the financK91 statements d¢Jes not cover the other infomation and, except to the extent othep*vlse expllcltly stated in our report, we do Mt express any form of assurance concluslon ther80n. Our r8sponsibility 18 to th8 Other Informatlon and, In dolng 80. nSIder wh8th8r the Other Information Is materially In¢onsl$t6nt wtth the flnan¢lal ststements or our knowledge obtsined In the cours6 of the audll, or otherwise appears lo b8 materialty misslaled. If wa identify such material inconsist8nci8s or apparént matgrial misstatements. we arè required to delermine whether this giv89 rlse to a material misslatsm8nt in thé financial statements Ihemselves. If. based on the work we hove performed, we conclud8 that there is a material misstatement of thls other InfomiatFon, we are requlred to reFOrt that facL We have nothing to reFKrt in this regard. Oplnlon on oth•r matt•r8 prescrlbad by th• Companhs A¢t 2006 In our opinion, based on the work undertaken in the course of tho audll: the infcThation glven in the Trustees. report for the flnanclal ar for which tho financial statements ara prepared is consistent with tha financial slalements. the Trustees. report has been prep8red In acccrfd8nce with aFplicable leg81 requiramen Malters on whlch wfj ar• r•qulrnd to report by ex¢gptlon In Ihe Ilght of our knedge and under8tandlrvJ of the charhable company and Its envlronment obtakned In the course of th8 audit. we h8ve not id6ntifi8d material misstotements in Ihe Tnjstges, report. W8 have nothlng lo report In respect of the followlng mattor8 In rolatlon to whlch Compan168 Act 2006 rgqulres us to report to you if, In our opinion: adequats aoUntIng records have r#)t been kept, or retum8 adequate for rAJr audlt have not b8en roc8iv8d from branches not vlslted by u$. or the financ181 st8t8ments aro not in agr88ment with the accountlng records and roturn8,' or certaln disclosures of Trustees. rernunoratlon specified by law are not made.. or W8 hav8 nol received all tha infornallon and explanations we require fcf our audit., or the Trustees were not enoued to prepare the financlal statements In accordance th the small ¢ompanles reglme and tak8 advantage of U)e small comp8nles' exemplion8 In preparlng the Trust88s' report and from the wulrement to prepare a Straleglc report. R6sponslbllltles of trustses As éxplalned more fully In the Trustees, responslbllltles statement, th8 Trn8tees (who are also the dlrectors of the charitablè company for tha purposes of company law) ar8 responsiblé for th8 preparatlon of the flnancial ststements and for being satisfied that they glve a true and fair view, and for such intemal conlrol as th8 Trustees detemitne is nece55ary to enable the preparation of finanaal siatements that are free from malerial mlsstatement, whether due to fraud or error. In preparlng tho financial statements, the Trustoes are responslble for assessing the tharitable companls ability to contlnue 8s 8 goirvJ ¢(CeM, dlsck)slng, as applicable. matter6 related to golng concern and using the wlng concern basis of accounting unless tho Truslees either Intend tr• Ih]uldate th8 charftable company or to ceaso operation$, or have no rpalislio alternative but lo do so. Page 12
FIELDS OF LIFE TRUST (A company limit by guarantse) INDEPENDENT AUDrroRS' REPORT TO THE MEMBERS OF FIELDS OF LIFE TRUST (CONTINUED Audltorn. rasponslbilitl•• for thg aud* of thè flnanclal 8taternènts Our t)bjectives are lo obtain r8asonable assurance about wheth&r the financial statèmènts as a bthole are free from m8terial misstaiem8nl. whether du8 to fraud or error. and to Issue an Auditors, report that includes our opinion. Reasonab a55UTanc8 15 a high level of assurance. but Is not a guarantee that an audit Conducted in accordance ISAS {UK) will aayS detect a matsflal mlsstatement when It exlsts. Mlsststements can arlse from fraud or 8rror and are consklered m8t8rlal If, Indlvldually or In the aggregate. they coukl reasonably be expected to Influ8nc8 the ecoTh)mlc declslons of users tak8n on fv basls of these financlal gtalements. Irregularltlgs, In¢kJdlng fraud, are In$CeS of nonwcompllancg wlth laws and regulatlons. W8 des1 pro¢adures In Ilne wlth our re8pon8lbllitl89, outlln8d abovè, to d8tect materfal ml$ststements In réspoct of Irr8gul8rMe8, induding fraud. The extent to 1¢h proc8durés are capable of detedng Irregularlti6s. inckjding fraud 18 detBi18d below. Our approach to Identifying and assessing the rlsk5 of matarlal mlsstatament in resp8ct of irrègulaiities, incI[ng fr8ud and non-compllanc8 wlth laws and regulatlons, was as follows. The 8ngag8mènt partner ensured that the engagement téam ¢ollectiv8ly had the appropriat8 comp6l8nce, capabilit185 and skills to identify or recognise noTrcompllance with aptAic8ble laws and regulalions. As part of the audit in accordance with ISAS (UK) we exerclsed professional Judgement and maintained FKof8ssional skeptlclsm throughout the audtt. We hjenlffied the laws and regulations appllcabl8 to the company through dlscusslorB with directors and other management. gnd fr(wn our commorcial knowledge and experlence of tl sector and we focused on speclflc laws and regulatlon8 whlth we ¢on81dered may have a dlr8Ct m8terlal effect on th& fnancial statemenls or the opèratlons of the company. including tho Companies Act 2006, Chariti88 Act, tsxatw)n legislation and data protection, antl-brlbery, employmenl, environmentsl and hèalth and s8f8ty legislation. We assessed the susceptlblllty of the companrfB flnancl81 ststoments to m8tert81 ml8Statement. Includlng obtaining an understanding of how fraud mlghl occur, by making enquiri88 of managém8nt as to where they ¢onsidergd there was susceptibility to fraud, thelr knovAedge of actual. susp8cl8d and all8g8d fraud and ¢onsiderirvJ the inlemal controls in pl8Cè to mitlgate rtsks of fraud and non-compli8nc8 wilh18ws and rulatIOnS. We obtained an urKlerstanding of intemal controls relevant to the audit in order lo design audit procedures that were approprl8te In the cIrM5nceS but not for the purpose of expresslng an oplnlon of Ihe effectlveness of the Compan18 Intern81 controls. To address Iho risk of fraud through manag8m8nt bias and overrwje of contro18. w& perfom)ed analWlcBI prc¢8dur8s lo identify any unusual or unexpected r81ationshriS: 19Sted joumal entries to identify unusual transactions. evaluated the approprlateness of accounting poIleS used, including managements, use of the golng concem basls of eccountlng. and the reasonablenes5 of accountlng estlmates and related dlsclosures mad8 by management; and Investlgatsd the ratlonale behlnd slgnlficant or usUal transathns. In response 10 th8 risk of irr8gularltie$ and non-¢omFAlanc8 with laws and regatiOnS. we dasigned procedures which includ8d but were not limited to agreelng flnancial statément dis¢losures to underfying suppcrting document8tbJn,' reading the minLrtes of meetlngs of tr)SO charged wth govemance,. and enquiriTh3 of management as to actual and potentlal Iltlgatlon and clalms. Becaus8 of the Inhér8nt Ilmltatlons of an audlt. there Is a rtsk that wè not dete¢t all Irregularltles, Includlng those leading to a material misstalemenl in the financial Statements or non-compliance with regulation. This risk Increases Ihe more that compliance wth a law or regulaticm is removed from the events and transactions r&fleGled in thg financial statements. as we will be less likely to become aware of instances of l-¢0MplIanCe. The rlsk Is also greater regarding irregularities occurring due to fraud rather than error, as fraud Involves Intentional wncealmenl. forgory. colluston, omission or misrepresgntauon. A furthar descrfpllon of our rospon$ibiliti8s for the audtt of the fflnancial statemerrts is Ioc9tgd on the Financi81 Reporting Councifs webslte at: wMv.f ditorsres onslbllltles. Thls descrfption forrns part of wr Auditors, report. Pa99 13
FIELDS OF LIFE TRUST (A company Ilmltod by guarant••l INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF FIELDS OF LIFE TRUST (CONTINUED) Uso of our rgport This r8POrt is rnade solely to the charftabl8 companls members, as a body, in accordancè yth Chgpt9r 3 of Part 16 of the Companies Act 2006. Our audlt work h8$ been undertaken so that We might st8te to the charitable companys rnembers those matters we are required to stste to them in an Auditors, report aryl for no other purpos8. To the fullest extent permltted by law. we do not accept LY assume responsibility to anyone Other than the charitat4e company and m8mbors, as a body, for our aL¥JIt work. for this rgport, or for the opinions wo have fonned. Scott Mccullough FCA (S•nlor statutory audltor) for and on behalf of UHY Hacker Young Fltch Llmltad, Statutory Audltor8 Suite 2.06, Custom House. Custom House Square Belfast Antrlm BT13ET 5 March 2025 UHY Hackèr Young Fitch Limil8d, Stalutory Auditors are eligiblo to act as auditors In lerms of 56Ction 1212 of the Compani8s Aet 2006. Pa99 14