INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF L'ARCHE BELFAST Opinion We have auditsd the financial ststements of L'Arche Belfast (the 'charitable company) for the year ended 31 Marcb 2023 which comprise the Statementof Financial Activities, Balan¢e Sheet, Statement of Casht]ows and notes to the fmancial statemeTJts, includillg siguificant accounting poliGi¢s. The fmancial reporting framework that has been applied in their preption is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Finan¢ial Reporting Standard 8ppliGablG ill the UK and RepubliG of treland, (United Kingdom Generally Accepted AG¢ounting Practice). In our opinion the financi statem¢ntS; give A true and fair view of the state of the cbaritable company's affairs as at 31 March 2023 and of its incoming resources and application of resources. including it5 income and expenditure, for the year then ended, have been properly PTepar¢d in accordance with United Kingdom Generally Accepted Accounting PraGti¢e' and have been prepared in accordance with the requir¢ments of the Companies AGt 2006, asis for OPiDiOD We ¢onducted our audit in accordance with International Stondards on Auditing (UK) (TSAS (UK)) and applicable law. Our responsibillties under those 8tsndards are further descTibed in the auditor Te5ponsibilities for the audit of the financial statements s¢ction of our report. We arc independertt of the cbaritable company in accordan with the ethical requirement5 that are Televant to our audit of the financial statements in the UK, including the FRC'S Ethical standd, and we have fulfilled our other ethical responsibilitie8 in aGcoTdAnG¢ with these requirements. We believe that the audit evidence we have obtained is suffioient appropriate to provide a basis for our opinion, Conclusion8 relating to golng toncern In auditing the fmancial stAtements, wc have concluded that the directors, uge of the going concern basiB of accounting in the preparation of the financial Statements is appropriate, Based on the work we have perfornied, we have not identified any material un¢ertaintie8 relating to events or conditions that, individually or collectively. may cast significant doubt on the charitable company's ability to continue as a going concern for A period of at least twelve months from when the financial statements e authorised for issue. Our responsibilities ond the responsibilities of the dire¢trfyTS Wlth respect to going GonGern are described in the relevant sections of this report. Other Informatlon The other infornation comprises the infoThrAation included in the report of the directors, other than the fmanGial statements and our auditors, report thereon. The directors are reypon5ible for the other xnforn)ation contained within the report of the direGtors. Our opinion on the fmancial 5tst¢ments does not cover the other infomiation except to the extent otherwise ¢xplicitly stated in our report. we do not express Y fomi of assurance conclusion th¢ieon, Our responsibility is to r¢ad the other information and, in doing so. consider whether the other infonnation iy materially inconslSteDt with the financial statements or our knowledge obtained in the course of the audit or oth¢Twise appears to be materially misstated. Ifwe identify su¢h material incon515terAGiCS or appaTentmaterial misstatements. we are required to deterniine whether this gives rise to a materiaI misstatement in the financial .8tatemcnts themselves. If, bas¢d on the work we have perfornied, we conclud¢ that there is a material misstatement of this Other information, we ate required to TCPOrt thllt Fact. We have nothing to report in this regard. Op5nlon on other matters prèseribed by the Companies Act 2006 In our opinion, based on the work undertaken in the course of the F4udit', the inforniation given in the report of the directors for the financi year for which the financial 5tatern¢nts are prepared is consistent with the finanGial statements. and the report of the dir¢Gtors h&$ been prepared in accordance with applicable legal requirernents. Fage 6
INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF L'ARCHE BELFAST Matters on wbieb we are required to report by exteptio In the light of the knowledge and undeTStanding of the Gharitable company and its environrnent obtained in the Gourse of the audiL we have not identified material misstatement5 in the report of the dir¢Gtois. We have nothing to report in re8pecl o£the following matters in relation to whith the Companies Aot 2006 requires us to report to you if. in OUT opinion: adequate accounting records have not been kepl OT rekns adequate for our audit have not been received from branches not visited by us. or the f]nancial statement5 are not in agreement with the accounting recordg arLd returns. or certairt disclosures of director's remuneTation 5peGified by law are not made. or we have not received all the infornipAtion and explanations we require for our audit; or th¢ directors were not entitled to pr¢parc thc financial stateTnents in accordance with thc small companies, regime and take advantage of the small companies, exemption from the requirement to prepare a Strategic report. Responsibilities of d5rectors As expl&ined more fully in the statement of directors responsibilities set out on page four, the directors are responsible for the preparation of th¢ financial statement5 and for being satisfied that they give a true and fair view. and for such internal control &q the directors d¢tennine neces58ry tD enable the pr¢paratioTh of fmancial statements that are free from material misstatemenL whether due to fraud or error. In preparing the financial statements. the directors are responsible for &8sessing the charitsble company's ability to ontinue as r4 going concern, dis¢losing. as applicable, matters related to going concern and using the going concern basis of accounting unless the dire¢tors eith¢r intend to liquidate the charitsble company or to cease operations, or have no redi$tic alternative but to do so, Auditor responskbfiIitles for the Judit of the financial statements Our objectives are to obtain reasonable Issurance about whether the financial Statements as a whole are free from rnateriaI rnisstatement, whether diie lo fraud or error, and to Igsuc an auditors, report that in¢lude5 our opinion. Reasonable assurance is a high level of assur4n¢e, but is not a guarantee that an audit conduoted in accordance with ISAS (UK) will always detsct a material misstiternent when it exists. Misstatements w arise from fraud or error and are Gonyidered material if. individually or in the P4ggregate, thcy could rew)nably be exp¢ctBd to infiuence the economic decisions of users taken on the basis of th¢5¢ financial 5tatement5. Irregul&ritiey, including friu< are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities. outlined above, to detect material rnisstatements in respect of ItElarItIes, including fraud. The extent to which our procedures are capable of deteciing irregularities, including fraud is detailed below: We considered the opportunities and incentives that may exist within the organisation for fraud and identified the greatest potential for fraud in relation to revenue recognition. In cornmon with all audits under ISA5 (UK), we are a150 required to perform ypecific pro¢edures to respond to the risk of nwiagement override. We also obtaincd an understsnding of the Icgal and regulatory frameworks that the Gharitable company oper&tes in, focusing on provisions of those laws rLgulations that had & direct effect on the determination of material amounts and disclosures in the financial statements. The key laws and glatiOnS we considered in this wntext included the UK Companies Act. In addition. w¢ Considered prDvisions of other I4w5 and regulp4tions that do not Ilave a direct effect on the fmancial statsments but compliance with which may be fundament&l to the charitable COTnpany's ability to operate or to avoid material penr41ty. Page 7
INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF L'ARCHE BELFA Our pro¢eduTes to respond tr) risks identified included the following., - reviewing the financial ststement disclosures and testing to supporting documentation to assess compliance with PTOViSiODS of relevant laws and regulations described as having a dirert eff¢ct on the financial statentS. - enquiring of management and external legal counsel concerning actual and potenti litigation and claims. perfomins analytical procedures to identify any unusual or un¢xpected relationship5 that may indicate risks of material misstatement due to fraud. - in addre55ing the risk offraud through man&gementovetride of ¢ontrols. testing the appropriateness ofjourn8J entries and otheT adjugtments. assessing whether the judgernents made in making accounting estimates are indicative of a potential bias. and eva]uatin£ the business rationale of any significant transactions that are unusual or outside the nornal course of business. We also communi¢p4ted relevant identified laws and regulations and potential fraud risks to &ll tngagementteam members and rern&ined alert to any indications of fraud or noncomplianoe with laws and reEulations throughout the audit, Because of the inherent limitations of an aiidit, there 15 a risk that we will not detect all Irregu]ltieS. including those leading to a material misstatejnent in th¢ financial ststements or non-compliance with reEulation, This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial ststements, as we will b¢ less likely to become aware of instances of non-complianG¢. Th¢ risk is also greater regarding irregulaTitie5 occuAllg due to fraud r&ther than error, as fraud involves intentiona] concealment, forgery, collusion, omi55ion OT misrepresentstion. A rther description of our responsibilities is available on the Fiinancial Reporting Council's website at www,fr¢.org.uk/auditorsresponsibilities. This description forn]s part of our auditors, report. Use of our report This rq)ort is made solely to the charitable company's niembers, as a body, in 8GGordance with Chapter 3 of Part 16 of the Companies Act 2006. Our &udil work has been undertaken so that we might state to the ¢haTitable company's members those matter5 we are required to state to tliem in an auditOT$' report and for no other Purpose. To the fullest extent perniitted by law, we do not accept or assume responsibility to anyone other than the charitable compmy 8md the ¢haTitable cornpany's members as a body* for ow audit work. for this rcport, or for the opinions we have fornied. Joanne Small (Senior statOry Auditor) For on behalf of Baker Tilly Mooney Moore Chartered Certified Awountants Statstory Auditors 17 Clarendon Road ClarerAdon DoGk Belfast Co. Antrirn BTI 3BG Dats: .. 10 frL OG&o&&. lo>J Page 8