THE COMMUNITY FOUNDATION FOR NORTHERN IRELAND
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF THE COMMUNITY FOUNDATION FOR NORTHERN IRELAND
Oplnlon
We have audited the finanaal statements of The Cornmunty Foundation for Northern Ireland {the 'Charity') for the
year ended 31 March 2024 which comprise the statement of financial ath'vibes, the statement of financial position.
the statement of cash flows and notes to the financial ststement5. including Slgnrf￿ant accounb'ng policbes. The
financial reporting framework that has been applied in their preparation is applicable law and United Kingdom
Accounting Standards, induding Financial Reporting Standard 102 The Financial Reporting Standartl applicable in
the UK and Republic of Ireland (United Kingdom Generalty Accepted Accounting Practice).
In our opinion. the finanoal st*ements:
give a true and fair view of the stste of the charity's affair5 as at 31 March 2024 and of its incomirvJ resources
and application of resources. for the year then ended".
have been property prepared in accordance with United Kingdom Generally Accepted AGo)unting Practice.,
and
have been prepared in accordance with the requirements of the Charits"es Act (Nl) 2008.
Basls for opinion
We conducted our audit in a¢¢ordance International Standards on Auditing (UK) (ISAS {UKII and applicab5e
law. Our responsibilities under those standards are further described in the Auditorfs ￿spOnsIbl1rt1eS for the audit ol
the 17nancial statements section of our report. INe are independent of the Charity in accordan￿ 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 responsibilities in accordance with these requirements. We believe
that the audit evidence V￿ have obtsined is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to golng Goncern
In auditing the financial statements. Y￿ have conduded that the Trustees. use of the going con￿rn basis of
accounting in the Preparation of the financial statements is appropriate.
Based on the work we have perfomed, we have not identified any material uncertainties relating to events or
conditions that. individually or collectively, may cast significant doubt on the Charitys abilty to continue as a going
concern for a period of at least twelve months from when the financial ststements are authorised for issue.
Our responsibilities and the responsibilities of the Trustees V￿th respert to going concem are described in the
relevant sections of this report.
Other Inforniation
The other infomation comprises the infomiation induded in the annual report other than the financial statements
and our auditorfs report thereon. The Trustees are resp￿sIble for the other infoThation contsined within the annual
report. Our opinion on the financial statements does not cover the other infomiation and we do not expres5 any fomi
of assuran￿ conclusion thereon. Our re5ponsibilty is to read the other infrjmiation and. in doing so. consider
whether the other informatr'on is materially inconsistent with the financial statements or our knovledge obtained in
the course of the audit. or othemse appears to be materialty misststed. If we identify such material inconsistencies
or apparenl material misststements, we are required to detemine whether this gives rise to a material misstatement
in the financial statements themselves. If, based on the work we have perfomied. we Gondude that there is a
material misstatement of this other infomiation. we are required to report that fact.
We have nothing to report in this regard.

THE COMMUNITY FOUNDATION FOR NORTHERN IRELAND
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF THE COMMUNITY FOUNDATION FOR NORTHERN IRELAND
Matters on whlch we are required to report by exception
We have nothing lo report in respect of the followng matters in relation to which the Charities (Accounts and
Reports) Regulations 2008 require us to report to you rf. in our opinion..
the infomiation given in the ffinanoal statements is inconsistent in any material respert with the Trustees,
report-, or
suffiaent accounting recor(Is have rKrt been kept" or
the financial statements are not in agreement with the accounting ￿cOrds,. or
we have not received all the information and explanab'ons we require for our audit.
Re$ponslbilities of Trustees
As explained more fulty in the statement of Trustees. responsibilities, the Trustees are responsible for th8
preparation of the financial statements and for being satisfied that they give a true and tsir view, and for such
internal control as the TNstees detemine is ne￿SSary to enable the preparation of financial statements that are
free from material misstatement, whether due to fraud or error. In preparing the financial statements. the Trustees
are ￿ sponsible for assessing the Charity's ability to continue as a going concem, disdosing, as applicable. matters
related to going concem and using the going concem basis of accounting unless the Trustees either intend to cease
operations, or have no realistic altematpie I￿1 to do so.
Auditorfs responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a vkbole are free from
material misststement, Th￿ther due to fraud or error. and to issue an auditorfs 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 material misstatement vthen it exists. Misstatements can arise from fraud or
error and are considered material if, individually or in the aggregate, they could reasonably be expected to irffluence
the economic deosions of users tsken on the basis of these finanaal statwnents.
Our objects'ves a￿ to obtain reasonable assurance about wt)ether the financial statements as a vthole are free from
material misstalement, whether due to fraud or error, and to issue an audrtorfs report that includes our opinion.
Reasonable assurance is a high level of assurance bLrt is not a guarantee that an audit conducted in accordance
wth ISAS (UK) wll always detect a material misstatement when it exists. Misstatements 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 deasions of user5 taken on the basis of these financAal statements.
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 misstatements in respect of irregularities, including
fraud. The extent to vthich our pr¢xedures are capable of detecting irregularities. induding fraud, is detailed below.

THE COMMUNITY FOUNDATION FOR NORTHERN IRELAND
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF THE COMMUNITY FOUNDATION FOR NORTHERN IRELAND
Our approach to identifying and assessing the risks of material misstatement in respect of irregularib'es, including
fraud and non-compliance with lavrs and regulations, was as follows"
the engagement partner ensured that the engagement team collethvely had the appropriate competence.
capabilities and skills to identify or re¢ognise non-compliance with applicable laws and regulations.
we identified the laws and regulations applicable to Ihe company through discussions with directors andlor
senior management. and from our ¢ommeraal knowledge and experients of the sector,.
We focused on speafic laws and regulations which we considered may have a direct material effect on the financial
statements or the operations of the company, induding Companies Act 2006. taxation legislation. dats protection.
anti-bribery, employment, environmental and health and safety legislation
V￿ assessed the extent of compliance with the laws and regulations identified above through making
enquiries of management and inspecting legal correspondence; and
identified laws and regulations were communicated within the audit team regularfy and the team remained
alert to instsnces of non-compliance throughout the audrt.
We assessed the susrEptibilty of the CoMpan￿S finanaal statements to material misstatement, including obtaining
an understanding of how fraud might OCCAJr. by..
making enquiries of management as to where they considered there was susceptibility to fraud, their
knowledge of actual. suspected and alleged fraud: and
¢onsidering the intemal controls in place to mitigate risks of fraud and norpcompliance with laws and
regulations.,
To address the risk of fraud through rnanagement bias and override of controls, ￿.
performed analytical Pr￿edureS to identify any unusual or unexpected relationships,.
tested joumal entries to identity unusual transa¢liorts".
assessed whether judgements and assumptions made in detemiining the accounting estimates set out in
Note 2 were indicative of potential bias,. and
invesb'gated the rationale behind significant or unusual transacti<)ns;
In response to the risk of irregularities and nonacompliarice WTth laws and regulations. we designed procedures
which included. but were not limited to..
agreeing financial statement disclosures to underfwng supp￿"ng documentation;
reading the minutes of meetings of those charged viith governance"
enquiring of management as to actual and potential litigation and claims,. and
reviewing Corresponden￿ with HMRC and the company's legal advisors..
There are inherent limitations in our audtt prO￿d￿re$ described above. The mcffe removed that lay￿ and
regulations are from financial transactions. less likely it is that we would become aware of non-compliance.
Audttsng standards also limit the audit Pr￿edureS required to bdenttfy non-compliance V￿th laws and regulations to
enquiry of the directors and other management and the inspecb'on of regulatory and legal corresponden￿. if any.
Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may
involve deliberate ¢on¢ealment or collusion.
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THE COMMUNITY FOUNDATION FOR NORTHERN IRELAND
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF THE COMMUNITY FOUNDATION FOR NORTHERN IRELAND
Use of our report
This report is made sdely to the CoMpan￿S members, as a body. in aCC￿dar￿e with section 65 of the Charities Act
(NI) 2008. Our audit has been undertaken so that we might state to the companws members those matters we
are reqLJired to state to them in an auditorfs report and for no other purpose. To the fiJllest extent pemiitted by law.
we do not accept or assume responsibility to anyone other than the company and the company's members as a
boty. for our aLKlit wo￿, for this report. or for the w'nions we have formed.
Angela C
an {Senior Statuto
Auditor)
for and on behalf of Harbinson Mulholland
Chartered Accountants
Statutory Auditor
Centrepoint
24 Omieau Avenue
Belfast
Co. Antrim
Northem Ireland
BT2 8HS
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