FIRST HOUSING AID & SUPPORT SERVICES LTD INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF FIRST HOUSING AID & SUPPORT SERVICES LTD Opinion We have audiied the financtal statements of First Housing Aid & Support Ser4ices Ltd (Ihe 'thariV) for the year ended 31 March 2023 which comprtse the statement of financial acttvibes. Ihe balance sheec the ststement of cash flows and the notes to the finanual statements, induding a summary of signifiGant aUnting polictes. The financral reporting framework trt has been applied in their preparation is applicable law and United Kingdom Accounting standards. induding Finanaal Reporbng Stsndard 102 The Finanual Repong Standard applicable in the UK and Republic of Ireland (United lQngdom GeneraltyAccepted Accounting Practi). In our opinion. the financial sLernents: give a true and fair view of the stste of the dritable compan$ affairs as at 31 Marth 2023 and of its incoming resources and appFication of resour. induding ts income and expenditure. for the year then ended". have been properly prepared in accordance with United ngdoM Generalty Apted Aco)unting Practice: and have been prepared in accordan with the requirements of the Companies Ad 2006. Basis for opinion We conducted our audit in accorilance with Intemational Standards on Auditing (UK) (ISAS (UK)) and appli(%ble law. Our responsibilities under those standards are further described in the Auditorfs responsibileS for the audit of the finanual statements section of our report We are independent of the charity in aC)r(lanCe with the ethical requirements that are relevant to our audit of the financial sLqtements in the UK including the FRC'S Ethical Standard. and we have futfilled our other ethical responsibilities in accordan with these requirernents. We believe that the audit eviden we have obtained is sufficÉent and appropriate to provide a basis for our opinion. Conclusions relating to going concern In auditing the financial statements. we have conduded that the Trustees. use of the going nCeM basis of accounting in the preparation of the financsal statements is appropriate. Based on the work we have perfonned. we have not identÉfied any material uncertainttes relating to events or conditions that. individualty or collectively. may t signtficant doubt on the charttys ability to continue as a going conrn for a period of at least e1ve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilrties of the Trustees with respect to going nCern are described in the relevant sections of thts report. Other information The other information comprises the infonnation induded in Ihe annual report other than the financial statements and our auditorfs report thereon. The Trustees are responsible for the other information contained wthin the annual reporL Our opinion on the finanaal staternents does not Ver the olher information and, except to the exient othernise expliciuy stated in our repoEt we do not express any form of assurance condusion thereon. Our responsibilty is to read the other information and. in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit. or otherwise appears to be materÈally misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine vthether this gives rise to a materid misstatement in the finanaal statements themselves. If. based on the work we have performed. *e ndUde Ihat there is a material misstatement of this other infomation. we are required to report that facL We have nothing to report in this regard. Oplnlons on other matter5 prescribed by the Companles Act 2006 In our opinion. based on the work undertaken in the course of our audit. the information given in the Trustees, report for the finanual year for which the financial statements are prepared. whith includes the directots. report prepared for the purposes of company law. is (xjnsistent with the financial ststements; and the directors, report included WTthin the TnJstees' rert has been prepared in accordan with applicable legal requirements. 11
FIRST HOUSING AID & SUPPORT SERVICES LTD INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF FIRST HOUSING AID & SUPPORT SERVICES LTD Matters on which we are required to report by exception In the light of the knovledge and understanding of the thatity and its environment obtained in the course of Ihe audi( we have not identified material misstaternents in the directots. report induded within the Trustees. r8porL We have nothing to report in respect of the following matters relation to which the Companies Act 2006 requires us to report to you rf. in our opinion: adequate accounting re)rdS have not been kep( or reknms adequate ft>r r audit have been received from branches not Vistted by us: or the financial statements are not in agreement with the a(xounting records and retums: or rtain disdosures of trustees. remuneration speofied by law are not made: or we have not reiVed all the inforn)ation and explanations we require for our audit or the Trustees were not entitled to prepare the finanoal statements in accorrjance with the small companies regime and take advantage of the small companies. exemptions in preparing the Trustees. report and from the requirement to prepare a strategic reporL Responsibilities of Trustees As explained more fvlly in the sLitement of Trustees. responsibililies. Ihe Trustees. who are also the directors of the charity for the purpose of company law, are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair Mew. and for such intemal control as the Trustees detemwne is neSSary to enable the preparation of financiaE statements that are free from materta] misstatemen( whether due to fraud or error. In preparing the financial statements, the Trustees are responsible for assessing the thar15 abilty to continue as a going COnM. disclosing. as applicable. matters related to going concem and using the going con¢em basis of accounting unless the Trustees either intend to liqutdate the charitable company or to cease operations, or have no realtstic altemative but to do so. Auditorfs responsibilities for the audit of the financial ststsments Our objectives are to obtain reasonable assurance abotrt whether the finanoal ststements as a whole are free from material misstatemen( whether due to fraud or error. and to issue an auditofs report that includes our opinion. Reasonable assurance is a high level of assuran but is not a guarantee that an audit conducted in accordan th ISAS (UK) wll always detect a material misstatement vhjen tt exists. Misstatements can arise from fraud or error and are considered material rf. individually or in the aggregate, they could reasonably be expected to inffluence the enOMiC decisions of users taken on the basis of these finanoal statements. The extent to which our procedures are capabl8 of detectirvJ irregularities. induding fraud. is detailed below. Extent to which the audit was considered capable of detectlng Irregularilies. including fraud The objectives of our audit in respect of fraud. are-. to identify and assess the risks of material misstatement of the ffinancial statements due to fraud: to obtain suffiaent appropriate audit eviden regarding the assessed risks of material misstatement due to fraud. Ihrough designing and implementing appropriate responses to those assessed risks. and to respond appropriately to instances of fraud or suspected fraud identified during the audiL However. the primary responsibilty for the prevention and deteclion of fraud rests with both management and those charged with govemance of the charitable company. Based on our understanding of the charitsble rnpanY and its operaling environmenL we detennined that the most significant frameworks Ythich have a direct impact on the preparation of the financial ststements are those related to the reporbng frameworL (FRS 102. the Charities Act (Northem Ireland) 2008. The Charities (AoUnts and Reports) Regulations (Northem Ireland) 2015, the Charity SORP and the Companies Act 2006). 12-
FIRST HOUSING AID & SUPPORT SERVICES LTD INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF FIRST HOUSING AID & SUPPORT SERVICES LTD The charitable company is also subject to other laws and regulations induding emplonent law. regulations in relation to the CoMpanS charitable status and activibes invofving the reIpt of funds which use is reslricted by terms set out by the donor. NorFcomplIan in respect of any of these matters may have a material effect on the financial ststements. Our required protsdures in this area are limited to enquiry of Trustees and other managemenL and inspection of any regulatory or legal correspondence. These limited procedures did not identify any actual or suspected non-complFan We assessed the susceptibilty of the caritabke companYs finanaal ststements to matertal misststemenL induding how fraud might occur, induding evaluating managemenfs inwitives and opportunities to manage eamings or Influen the reported results. From the results of our assessment we deteined that the principal risks of frdud relate to posting inappropriate joumal entries and use of charity fvnds for purposes outside of restrictions imposed by the donor. In common with all audits under ISAS {UlQ. we are required to perform specific procedures to respond to the risk of management overTide. Audit response to risks idenlified As part of an audit in accordance wtth ISAS (UK) we exercise professional judgement and rnaintsin professional scepticism throughout the audiL Audtt ProdureS performed by the engagement team induded: We obtained an understanding of the charitable companYs intemal control systems in order to design audit procedures that are appropriate in the ar]MStanS. but not for the purposes of expressing an opinion on the effectiveness of the (arFtable companys intemal control. We obtained an understsnding of how the charitable company complies relevant laws and regulations, induding those as a result of its registration with the Charity Comrnission for Northem Ireland and charitable status with HM Revenue & Customs . by making enquiries of management and those charged with govemance. Enquiry of managemenL those charged with govemance and Ihe entitS so]ltorS around actual and potential likngation and daims. Enquiry of enlity staff to idenffji any InStanS of nOrmpl1an with laws and regulations. Perfomiing analybcal procedures to identsfy any unusual or unexpe(ed relationships that may indicate risks of material misstatement due to fraud Remewing minutes of meetings of those charged with governan( Reviewing financial statement disdosures and testing to supporting documentstion to assess complian with applicable laws arKI regulations. Auditing the risk of management override of controls. induding through testing joumal entries and other adjustments for appropriateness. and evaluating the business rationa]e of Sjgnffint transactions that are unusual or outside the normal course of business. . Auditing the risk of use of charity funds outside of restrickns imp)sed by the donor by review of funding letters of offer to identify restrictions. and review of fijnding daims prepared by management to check compliance wtth restrictions. We communicated relevant laws and regulations and potential fraud risks to all engagement team members. and remained alert to any indi¢2tions of fraud or nonrycompliance with laws and regulations throughout the audtt. The are inherent limitations in the audti procedures debed above and the further removed nonwcompliance with laws and regulations is from the events and transacaions reflected in the financFal statements. the less likely we would become aware of IL Ajso. the risk of not detecting a material misststement due to frdud is higher than the risk of not detecting one resulting from error, as fraud may invdve deliberate concealment through collusion. forgery. intentional omissions. mispreSentatiOnS or the override of internal control. A further description of our responsibilibes ts available on the Finanual Reporting Council's website at https:11 www.frc.org.uklauditotsresponsibililies. This description fonns part of our auditorfs reporL Use of our report This report is made solely to ttje charitsble companls members, as a body. in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charttable companys members those matters we are required to state to them in an auditorfs report and for no other purpose. To the fullest extent permitted by law. we do not accept or assume responsibilty to anyone other than the charitable company and the charitable companys members as a b&Yy. for our audit worL for this rep)rL or for the opinions we have formed. 13-
FIRST HOUSINGAID & SUPPORT SERVICES LTD INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF FIRST HOUSING AID & SUPPORT SERVICES LTD John Love (Senior Statutory Auditor) for and on behalf of Moore (Nl) LLP 9 November 2023 Chartered Accountsnts Statutory Auditor 21r23 Clarendon Streel Deryiiondonde BT48 7EP 14-