16 Independent auditor's report to the members of C.H.A.R.T.E.R. FOR NORTHERN IRELAND Opinion I have aiidited the financial statements of Charttt NI {"the charitable company") for the year ended 31 March 2024 which comprise ihc StateinLnt of financial activities (lllLorporating the incoine and expenditure account), Balance Sheet, Statement of Casb Flows and notes to the financial statemeiits, including a summary of signifÈcant a¢counting policies. The finai?¢ial reporting framework that has b¢en applied in their preparation is applicable law and th¢ Unit¢d Kingydom AcLounliiig Slaiidards, including FRS 102 "Thc Financial Reporting Standard applicable in the United Kin&Tdom and Republic of Ireland" (United Kiiigdom Generally Accepted Accounting Practice). In my opinion the financial statements: give a true and fair view of the state of the charitable company's affairs as at 31 March 2024 and of its incoming resourLes and application of resources. including its income and expenditure, for the year then ended; have been properly prepared in accordance with United Kingdom Generally Accept¢d Accounting Practice. have been prepared in ac¢ordance with the requirements of the Companies Act 2006. Basis for opinion I conducted my audit in accordaii¢¢ with International Standards on Auditing {UK) (ISAS (UK)) and applicable law. My responsibilities under those standards are fiiriher desLribed in the Auditor's responsibilities for the audit of the financial gtatLmeiitb section of my report. l am indepeiident of tli¢ charitable company iii aLcordance with th¢ cthical requii'em¢nts that are relevaiil to my audit of the financial staleinenls in the UK, including the FRC'S EthiLal Standard. and the provi.%ions available for small entities in thc LiraimslanLLS 4et out in nol¢ 20 to the Finaiicial Statements and I have fulfilled my other etlii¢al responsibilities in accordance with these requirements. I believe that tlie audit evidence I have obtained is sufficient and appropriate to provide a basis for my opinion. Conclusions relating to going concern I have nothing to report in respect of the following matters in relation to which the ISAS (UK) require me to report to you whcre: thc tnistee5' use of the going concern basts of accoiinting in the preparation of the financial statements is not appropriate: or the trustees have not di%closed in the tinanLLal statements aiiy identified material uncertainlies that may cast significant doubi about th¢ charitable charitable company's ability to continue to adopt the going concern basis of accoiinling for a period of at least twelve month.s from th¢ date when thc financial statements arc xuthorised for issue. Other informAtion The other inforniation coinprises the infomialion included in the Trustees, Report and Financial Statements, other than the financial statements and my auditor's report tbereon. The tsleeS are responsible for the other information contained within the Trust¢¢s' Report and Financial Stat¢inent5. My opinion on the financial statements do¢s not cover the other information and, except to the extent otherwiqe explicitly stated in my report. I do not express any fonn of aSSurlLe LonLlusion thereon. My responsibility is to read the other iiifomiation and, tn doing so, consid¢i wh¢ther the other infomiation is materially inconsistent with the financial staten]ents or my knowl¢dge obtaiiied in the audit or olbenvtse appws to bc materially misqtated. If I identify such material inconsistencies or apparent material misstatcments, l am required lo deter¥nin¢ whether this gives rise to a material mis's'tatement in the fman¢ial statements themselves. If, based on the work I have performed, I conclude ihat there is a material misstatemcnt of this other Informatio l am required to report that fact. I have nothing to r¢port in this regard.
17 Independent auditor's report to the members of C.H.A.R.T.E.R. FOR NORTHERN IRELAND continued Opinions on other matters prescribed by the Companies Act 2006 In my opinion, based on the work undertaken in the course of the audit: the inforn)ation given in the tThstees' report. incorporating the directors. report for the fllvdncial year for which th¢ financial statements are prepared is Consistent with the financial statements. and the dir¢¢tors' report has been prepared in accordance with applicable legal requirements. Matters on which I Am required to report by exception In the light of the knowledge Und iindcrstanding of the charitabl¢ company and its envÈronment obtained in the course of the audit, I have not identified material misstatements in the directors, report. have nothing to i'eport in respect of the following matters in relation to which the Companies Act 2006 requires me to rq)ort to you it, in my opinion.. ad¢quate accounting records have not b¢¢n kept, or returns adequate for my audit hav¢ not been received from bran¢hes Iiot visited by ine. or the financial slatemenis ar¢ not in agreement with the accounting records and returns: or ¢ertuin disclosures of trustees, remuneration specified by law are not made. or I have iiot received the infomiation and explanations I require for my audit, or the trustees wcre not entitled to prepare the financial 8tatements in accordance with the Small ¢ompanic5 regime and lake ¢idvantage of the sniall Lompanies, exemption5 iii preparing th¢ dir¢clors' report and from the requirement to prepare a strategic report. Responsibilities of trustees As explaiiied more fully ILI tli¢ Trustees, responsibilities slalement set out on page 15, the trustees (who are also the direclors of the charitable company for the purposes of company law) are r¢sponsible for the preparation of the fiijancial stateinents and t.or being satisfied that they give a true aiid fair view, and for such iiiternal control as the trustees dctermine is necessary to enable the preparation of finanrial statements that are free from material mis.%tatement, whether diie lo fraud or error. In preparing the financial xtatements. the trustees are respon8ible for assessirtg the charttable company's ability to continue as a going concern, disclosing, a5 applicable, matl¢rs related to going conLern and u,sing the going concern basis of accounting unless the trustees either intend to liquidate the cliaritable company or to cease operations, or have no realistic alternative but to do so. Auditor's responsibilities for the audit of the fmanciaI ststements My objectives 'e to obtain reasonable assurance about whether the financial statements as a whole are frec from material misstatcment, whether due to fraud or crror, and to ISbU¢ an auditor's rcport that in¢lude5 Iny opiIiion. Rcason(Ible <ibsurance is a high level of assurance. but 15 not a guarantee tlillt an audit conducted in accordance with ISAS (UK) will always detect a material n]isstatement when il exisls. Misstatements can aris¢ from fraud or error and are considered rnaterial if, individually or in the aggregate, they could reasonably be expected to influence the economic decision5 of users taken on the basis of these financial slatemenls.
18 Independent auditor's report to the members of C.H.A.R.T.E.R. FOR NORTHERN IRELAND continued Auditor's responsibilities for the audit of the financial ststements continued Irregularities, including fraud, are instances of non-compliance with laws and rcgulations. I design procedures in line with my responsibilities, ouilined above, to detect material mÉsstatements in respect of irTegularities, including fraud. The specific proc¢dures for this engagement and th¢ ¢xt¢nt to which these are capable of detecting irregularitlcs, including fraud is detailed below: obtaining an undeTStanding of the significant legal and regulatory framework applicable to the charitable company and how the charitable company is complying with that framework. assessing thc susceplibility of the charitable company's fillancial statements co material misstal¢m¢nL including how fraud might ovcuT. ensuring competence and capabilities to identity or recognise non-complianc¢ with Laws and regulations are maintained. Because ofthe inherent limitations of an audit, there is a risk that I will not detect all irregularities, including those leading to a material migstatement in th¢ fmancial statements or non-compliance with regulation. This risk in¢r¢a,8es the more that cojnpliance with d law or regulation is removed from the events and transactions reflected in the financial statements, as I will be less likely to beLoine awar¢ of instan¥¢s of non-LomplianLe. The risk is also great¢r r¢¥arding irrcgularities occiirring due to fraud rather than error. as fraud iiivolves intentional ¢on¢¢aLmcnt, forgery, collusion. omission or misrepresentation. A thrthcr dcscription of my responsibilities for th¢ audit of the financial statcmcnts it> located on the Financial Rcporting CoiinLil's website at.. This dcscriptioii torms part ot my Auditor'5 report. Use of my report This report is made solely to the charilable company's members, as a body> in ac¢ordance with Chapter 3 of Part 16 of the Compaiiies Act 2006. My audit work has been undertaken so that I might stst¢ lo the charitable company's members those mallers l am required lo stale to them in an auditor's r¢p()rt and for no other purpose. To the fullesl extent permitled by law, I do not acLept or assume responsibility to anyone other than the charitable company and the charitabl¢ company's members as a body, for my audit work, for thi5 report, or for the opinions I hav¢ forni¢d, Grace Taggart FCA (Se tatutory Auditor) For and on bchalf of CG Tabgart Accountan¢y Services, Statutory Auditor, 17 Cypress Crescent, Donaghad¢¢, Co Down. BT21 OQG CG Taggart AccountanLy Services is eligible to act as an auditor Én ternis of s1212 of the Companies Act 2006. 12 December 2024