INDEPENDENT AUDITOR'S REPORT
to the Members of Benedictine Monks
Report on thg audit of the flnancial stst•m8nts
Oplnlon
I have audlted the charity financial statements of Benedlctine Monks I'lhe chariv) for the ffnancial year ended 31
December 2024 which comprise the Statement of Financial Activities (incorporating an Income and Expenditure
Account), the Balance Sheet and notes lo the financial slalemenls, including the summary of significant accounting
pollcles sel out in note 2. The financial reportlng framework that has been applied in Ih8ir preparatlon Is appllcable law
and United Kingdom Accounting Standards, inciuding FRS 102 "The Flnancial Reporting Standard applicable in the
UK and Republic of Ireland" and Accounting and Reporting by Charities.. Statement of Recommended Practice
applicable lo charities preparing thelr accounts in accordan￿ with FRS 102.
Irb my opinion, when reporting in accordance wlth a fair presentation framework the financial statements=
give a true and fair view of the slate of the charity's affairs as at 31 December 2024 and of its surplus for the
financial year then ended.,
have been propedy prepared In a¢¢ordan¢e with United lfjngdom Generally Acceptad Accounllng Pradl¢e,' and
hav& been prepared in ac¢ordance wlth the requirements of the Companles A¢1 2006 and the Chariti85 Aot
INorth8rn Ireland) 2008.
Basls for oplnlon
I conducted my audit in accordance whh Inl8matlonal Standards on Auditing (UK) IISAS IUK}l and applicabl8 law. My
responsibilities under those standards are further described in the Auditorfs responsibililles for the audit of the
financial slalemenls $8ction of my report. l am independent of the charity in accordance wllh elhlcal requirements that
are relevant lo my audit of the financial statam8nls in the UK, including th8 FRC'S Ethical Standard, and I have fulfilled
my other ethical responsibilities in accordance with these requirements. I believe that the audit evidenc8 I have
oblalned is sufficlenl and appropriate to provlde a b8$is for my oplnlon.
Concluslons rèlatlng to golng concgrn
In audlllng the financial statements, I have concluded that tho tNstg9s' use of the going concern basls of accounting
In the pr8parallon of tho financial slalemenls Is appropriate.
8ased on the work I have performed, I have not Idenllfied any malerlal unoertalntles relallng lo events or condlllons
that, Indlvldually or collectivgly, may cast slgniflcanl doubt on the charllls ability to continue as a golng concern for
perlod of al least ￿e1ve months from the dale when the finanrAal slalemenls are aulhorlsed for i8sue.
My r8sponsibililies and the responsibilllies of thè Iruslees with respect to golng concern are descrlb8d In th8 relevant
sections of Ihls report.
Oth•r Informatlon
The olh&r information comprises the information Sncluded in the annual report other than the financial 51atemenls and
my Auditorfs Report Ihereon. The Iru8lees are responsibl8 for the other Information contained wllhln the annual report.
My opinlon on the financial slal8m8nls does not cover the other Inforrnalion and. except lo the ext8nl otherwise
axplicltly slated in my raport, I do not express any form of assurance conclusion Ihereon.
My responsibility is lo read the other information and, lft doing so. considgr whether the olher infomiation is materially
Inconsistent with the financial statements or my knO￿edge oblalned In the course of the audit, or olh&rwise appears
lo be malerlally misslaled. If I Identify sueh malerlal Inconslslendes or appar8nl material mlsslalemenls. l am raquired
lo determine whether Ihls glves rise to a malarial misslalemenl In the financlal ststemenls themselvès. If. bas8d on
the work I have performed, I conclude that there is a material misstatemgnt of this othgr informatson, l am required to
report that fact I have nothlng lo rgport in thls regard.
Oplnlon on other mattgr proscrlbed by the Companles Act 2006
In my opinion, based on the work undertaken in the course of the audit:
the information given in the Twste8s' Annual Report for the financial year for which the financial statements are
prepared is conglslent with the financial slalemonts; and
the Trustees, Annual Report has been prepared In accordance with applicablelggal requlrements.
Matters on which l am required to report by exceptlon
In the light of my kno￿edge and understanding of the charity and its envlronment oblalned In the ¢ourse of the audit, I
have not identified material misslalemenls in the Trustees, Annual Report.
I have nothing to report in respect of the followlng matters where the Companies Act 2006 requires me to report lo
you If, in my oplnion..
adequate accounting records have not been kepL or
the financial statements are not in agreement with tha accounting records and retums- or
certain disclosures of trustees, remuneration specified by law are not made.. or
the trustees were not entitled to prepare the financial slalemen15 in accordance with the small companies regime
and take advantage of the small companies, exemption in p￿ParIng the Trustees, Annual Rew)rt.

INDEPENDENT AUDITOR'S REPORT
to the Members of Benedictine Monks
Responslbllltles of trustees for the financlal statement$
As explained more fully in the Statement of Trustees. Responsibi11118S 581 out on page 8, the trustees are responsible
fo¥ the proparalion of the financial statements and for being satisfigd that they give a true and fair view, and for such
inlemal control as they determine is necessary to enable the preparation of financial statements that are free from
material misslatemenl, whether due lo fraud or error.
In preparing the financial statements. th8 trustees are responsible for assessing the charity's ability lo continue as a
going cOn￿rn, disclosing, as applScable, matters related to going concern and using the going concern basis of
accounting unless management either Int8nds to Ilquldate the charity or to c8ase operations, or has no realistic
alternative but to do so.
Audltorf8 responslbllltles for the audlt of tho Ilnanclal $tatomants
My objectives are lo oblaln rèasonable a$surance al)out whether the financial slat8menls as a whole are fre8 from
material misslalemenl, whether due lo fraud or érror, and to issue an ALJdilor's Report that includes my opinion.
Reasonable assurance is a high level of assurance, bul is not a guarantee that an audit conducted in accordanc8 With
ISAS IUK} will always delect a material misstatement when it exists. Misstatements can arise from fraud or error and
are consldered materlal If, Individually OT in the aggrogale, they could reasonably be expected lo Influence the
economlc d8clslons of us¢rs tskon on the basis of thes8 financial statements.
Irr6gularltles, Includlng fraud, are Instances of non-compliance wlth laws and regulallons. I deslgn procedures In Ilne
wllh my responsibilities, outlined above. lo delect material misstatements in respect of irregularities, including fraud.
Th8 extent lo which my procedur8s are capable of delecling irregularilias. including fraud 1$ detailed below..
Furthgr Informatlon regardlng the scope of my responslbllltles es audltor
As part of an audit in accordance with ISAS IUKI, l exerctse professional judg8m8nt and maintain professional
scepticism throughout the audlt. l also..
Idenllfy and assess the risks of malarf81 mlsslalamenl of the financial ststements, whether due lo fraud or error,
design and perform audit procedures r8spon8ive to those rlsks, and obtain audit èvidenc8 that is sufficient and
appropriate lo provide a basis for my opinion. The risk of not detecting a malertal mlsslatement resulllng from
Iroud Is higher than for one resultin9 from error, 88 fraud may involve collusion, forgery, intentional ornissions,
misrepr8sentallons, or the override of internal control.
Obtain an understandlng of Internal Control relevant to the audit in order lo design audlt procedures tral are
approprlale In the drcumslance8, bul not for the purpos8 of èxpresslng an oplnlon on tho gffectlvgng5$ of tho
¢harily'$ internal control.
Evaluate the approprlateness of accountlng poll¢l88 used and the r6a$onablone$$ of a¢¢ounllng $$tlmate$ and
related disclosures made by trustee8.
Conclude on the appropriateness of the trustees, use of the going concem ba81s of accounllng and, based on the
audll evldence oblain8d, whether a material uncertainty exists related lo events 01 conditsons that may cast
signthcant doubt on the charity's 8bility lo conllnue as a golng concern. If I conclude that a malerfal uncertainty
exists. l am required lo draw attention in my Auditorfs Report to the related disclosures in the financial statements
or, if such disclosures are Inadequate, to modify my opinion. My conclusions are based on the audlt evldence
obtained up to th8 da18 of my Auditorfs Report. However, future events or condlllons may cause the the tharlty lo
cease lo continue as a going concern.
Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and
whether the financial Statements reprg$ent the underlying transactions and events in a manner that achieves fair
PTesentalion.
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INDEPENDENT AUDITOR'S REPORT
to the Members of Benedictine Monks
I communicate with those charged with governance regarding, among other matters, the planned scope and liming of
the audlt and significant audit findings, including any s¢gnificant deficiencies in internal control that l identify during my
audlt.
The purpose of my audlt work and to whom l owo my responsibilities
This r8POrt is made solely lo the charity's members, as a body. in aGcordanGe with Chapter 3 of Part 16 of the
Companies Act 2006. My audit work has been undertaken so that I mlght state to the charity's members those matters
l am required to state to Ihern in an auditorfs report and for no other purpose. To the fullest extent permltted by law. I
do not ac￿pt or assume responsibility to anyone other than the charity and the charitys members as a body. for my
audit work, ft)r this report, or for the opinions I have formed.
Darragh Cott
Senior Statutory Audltorl
ft)r and on ￿half of
DALY PARK & COMPANY LTD
Charterod Accountants and Reglster8d Audltors
6 Trevor Hill
Newry
Co. Down
BT34 1DN
Northem Ireland
2 Aprll 2025
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