FIRST DERRY PRESBYTERIAN CHURCH INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF FIRST DERRY PRESBYTERIAN CHURCH Oplnlon We have audited the financial statements of First Derry Presbyterian Church (the 'ChurGh') for the year ended 31 December 2023 which comprise the statement of financial activities, the balance sheet and the notes to the financial statements. induding a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Stsndard 102 The Financial Reporting Standard applicable in the UK and R9publiG of lrnland (United Kingdom Generally Accepted Accounting Practice). In our opinion, the financial ststements: give 8 true and fair view of the state of the Church's affairs as al 31 December 2023 and of Its incoming resources and application of resources, for the year then ended. h8ve been properly prepared in accordance with United Kingdom Generally Accepted Accountlng Practice: and have been prepared in accordance wlth the requlrements of the Charltles Act (Northern Ireland) 2008. Basis for opinion We conducted our audlt in accordance with Internatlonal Standards on Audltlng (UK) (ISAS (UK)} and applicable law. Our responsibillties under those standards are further described in th8 Auditols responsibililles lor the audlt of th& financial statem8ntS S8Ction of our report. We are independent of the Church in accordance with the ethical requirements that are relevant lo 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 evidenc6 we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going concern In auditlng Ihe financial statements, we have concluded that the trustees, use of the going conc8rn basis of accounting in the preparation of the financial stalements is appropriate. Based on the work we have perfomed, we have not identified any material uncertainties relating to events or conditions thal, indivldually or collectively, may cast significant doubt on the Church's ability lo conlinue as a going concern for a period of at least te1ve months from when the financial stalements are authorised for issue. Our responsibililles and the responsibilities of the trustees with respect to going conrn are descrlbed in the relevant sections of this report. Other Informallon The other information comprises the information included In the annual report other than the financ5al stalements and our auditorfs report thereon. The trustees a responsible for Ihe other information contained within the annual report. Our opinion on the financial statements does not cover the other informab'on and we do not express any form of assurance concluslon thereon. Our responsibility is to read the other inform81ion and, in doing so, conslder whether the other Infomiatlon is materially inconsistent wilh the financial ststemenls or our knowledge obtained in th8 cours8 of the audit, or otherwise appears to be materially misstated. If we identtfy such materlal inconsistencies or apparent material misstatements, we are required to detennine whether thls gives rise to a material mlsstatement in the flnanclal statements themselves. If, based on the work we have perfonmed, we conclude that there is m2terial misstatement of this othèr infom)ation, we are required to report that fact. We have nothing to report in this regard. Matters on whlch we are required to report by exception We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations (Northem Iieland) 2015 require us to report to you if, in our opinion: the infomiation given in the financial statements is inconsistent in any material respect with the trustees. report. or sufficient accounting records have not been kept", or the financial statements are not in agreement with the accounting records. or we have not received all the information and explanations we require for our audit. 11
FIRST DERRY PRESBYTERIAN CHURCH INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF FIRST DERRY PRESBYTERIAN CHURCH Responslbllltiès of truslees As explained more fully in the statement of Irustees. responsibilities, the trustees are responsible for the preparation of the financial statements and for being satisfied that Ihey give a true and fair view, and for such internal control as the trustees detemiine is necessary to enable th8 prèparation of financial statements that are free trom material misslatemenl, whether due to fraud or error. In preparing the financial statements, the truslees are responsible for assessing the Church's ability to continu8 as a going concern, disclosing, as applicable, matters related to going concern and using the going concem basis of accounting unless the trust88S èlthar intend to cease operations, or have no realistic altemative but to do so. Audltorfs responslbilities for the audit of the financial statements We have been appointed as auditors under section 65{2) of the Charities Act (Northern Ireland) 2008 and report in accordance with the Act and relevant regulations made or having effect thereunder. Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstslement, whether due to fraud or error, and lo issue an auditorfs report thal includes our opinion. R88sonable 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 m8terial misststemenl when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregale, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statemènts. The extent to which our procedures are capable of detecting irregularities, including fraud, is detai18d below. A further description of our responsibilities is available on the Financial Reporting Council's websSte at.. https.ll www.frc.org.ukJauditorsresponsibilities. This descripiion foms part of our auditols raport. This rèport is made solely to the church's trustees, as a body. In accordanc8 With part 4 of the Charities (Accounts and Reports) Regulatlons (Northern Ireland) 2015. Our audit work has been undertaken so that we might stat8 to the church's trustees those matters we are r&quired to stste to them in an auditors, report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the church's trustees as a body, for our audit work, for this report, or for the opinions we have formed. John Love (Senior Statutory Audltor) for and on bohalf of Moore (Nl} LLP 19 April 2024 Chartered Accountants Statutory Auditor 21123 Clarendon Street DerrylLondonderry BT48 7EP 12-