ids. CAUSEWAY COAST AND GLENS HERITAGE TRUST LIMITED chtsrtered accountants INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF CAUSEWAY COAST AND GLENS HERITAGE TRUST LIMITED Oplnlon We have audited the financial statements of Causeway Coast and Glens Heritage Trust Limited (the 'charity') for the year ended 31 March 2024 which comprise the statement of financial activities, the balance sheet and notes to the financial statements, including 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 Standard 102 The Financial Reporting Standard applicable in th? UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). In our opinion, the financial stalemenls.. give a true and fair view of the state of the charitable company's affairs as at 31 March 2024 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended.. have been properly prepared in accordance with United Kingdom Generally Accepted Accounling practi￿.. and have been prepared in accordance with the requirements ofthe Companies Act 2006. Basis for opinion We conducted our audit in accordance wilh International Standards on Auditing {UKI (ISAS (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditorfs responsibilities for the audit of the financial statemonts section of our report. We are independent of the charity in accordance with the ethical requirements Ihal 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 requirernents. We believe that the audit evidence we have obtained is sufficient and appropriate lo provide a basis for our opinion. Conclusions relating to going concern In auditing the financial statements, we have concluded that the Truslees. use of the going concern basis of accounting in thè preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or condilions that, individually or collectively. may cast significant doubt on the charity's ability to continue as a going concern for a period of al least ￿e1ve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the Trustees with respect to golng concern are described in the relevant sectjons of Ihis report. Other Information The othor information comprises the information included in Ihe annual report other than the financial statements and our auditor's report thereon. The Trustees are responsible for the other information contained wilhin Ihe annual report. Our opinion on the financial statements does not cover the other information and, except lo Ihe extenl otherwise explicitly slated in our report, we do not express any form of assuran￿ conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsislenl with the financial statemènts or our knowledge obtained in the course of the audit, or othetwise appears lo be materially misstated. If we identify such material inconsistencies or apparenl material misslalements, we are required lo determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. ids. CAUSEWAY COAST AND GLENS HERITAGE TRUST LIMITED chartered accountants INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF CAUSEWAY COAST AND GLENS HERITAGE TRUST LIMITED Opinions on other matters prescribed by the Companies 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 financial year for which the financial statements are prepared, which includes the directors, report prepared for the purposes of company law, is consistent with the financial stalemenls., and the directors, report included within the Trustees, report has been prepared in accordance wilh applicable legal requirements. Matters on which we are required to report by exception In the light of the knowledge and understanding of the charity and its environment obtained in the course of the audil, we have not identified material misstatements in the directors, report included within the Trustees, report. We have nothing lo report in respect of the following matters in relation to which Ihe Companies Act 2006 requires us to report to you if, in our opinion.. adequate accounting records have nol been kept, or returns adequate for our audit have not been received from branches not visited by us., or the financial statements are nol in agreement with the accounting records and relurns- or certain disclosures of Iruslees, remuneration specified by law are not made., or we have not received all the information and explanations we require for our aud¢l'. or the Trustees were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies, exemptions in preparing the Trustees, report and from the requirement lo prepare a strategic report. Responsibilities of Trustees As explained more fully in the statement of Trustees, responsibilities. the Trustees, who are also Ihe directors of the charity for the purpose of company law, are responsible for the preparation of the financial statements 2nd for being satisfi'ed thal they give a true and fair view, and for such internal control as the Trustee5 determine is necessary to enable the preparation of financial statements that are free from material misstalement. whether due lo fraud or error. In preparing the financial statements, the Trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, malters related to going concern and using the going onGern basis of accounting unless the Trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so. Auditorfs responsibilities for the audit of the financial statements Our objectives are lo obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement. whelher due to fraud or error, and lo issue an auditorfs report that include5 our opinion. Reasonable assurance is a high level of assurance bul is not a guarantee that an audit conducted in accordance with ISAS {UK} will always detect a rnaterial misslatemenl when it exists. Misslalemenls can arise from fraud or error and are considered malerial if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below. Our approach to identifying and assessing the risks of malerial misslalement in respect of irregularities including fraud and non-compliance with laws and regulations, was as follows.. we identified the laws and regulations applicable to the charity through discussions with members and other management and Irom our commercial knowledge and experience of the sector., we assessed the extent of compliance with the laws and regulations identified above through making enquiries of members and inspecting legal correspondence. 1D ids. CAUSEWAY COAST AND GLENS HERITAGE TRUST LIMITED Chartered accountants INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF CAUSEWAY COAST AND GLENS HERITAGE TRUST LIMITED We assessed the susceptibility of the charity's financial statements to material misstatement, including oblaining an understanding of how fraud might occur, by.. making enquiries of management as to where they considered there was susceptibility to fraud, Iheir knowledge of actual, suspected and alleged fraud., considering the intemal controls in place to mitigate risks of fraud and non-complianoe with laws and regulations., and performing analytical procedures lo identify any unusual or unexpected relationships., reviewing journal entrie5 10 identify unusual Iransaclions., assessing whether judgements and assumptions made in determining the accounting estimates were indicative of potential bias., investigating the rationale behind any significant or unusual transactions. In response lo the risk of irregularities and non-compliance with laws and regulations, we designed procedLJres which included, bul were not limited lo.. agreeing financial slalemenls disolosures to underlying supporting documentation., reading the minutes of meetings of those board of members- enquiring of management as lo actual and potential litigation and claims., reviewing legal co￿espondenCe. There are inherent limitations in our audit procedures described above. The more removed law5 and regulations are from financial transactions, thè less likely it is Ihal we would become aware of non-compliancè. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the members and other management and the inspection of regulatory and legal correspondence, if any. Material misstalements Ihal arise due lo fraud can be harder lo detect than those that arise from error as they may involve deliberate concealment or collusion. A further description of our responsibilities is available on the Financial Reporting Council's websf(e at.. https'.11 www.frc.org.uklaudilorsresponsibililies. This description forms part of our auditor's report. This report is made solely to the company's 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 stale to the company'5 members those matters we are required to stale to them in an auditor's report and fof no olher purpose. To the fullest extenl permitted by law, we do not accept or assume responsibilily lo anyone other than the company and the company's member5 a5 a body. for our audit work, for this report, or for the opinions we have formed. Mr lan H Donaghey (Senior Ststutory Auditor} for and on behalf of IDS Chartered Accountants LLP Chartered Accountsnts Statutory Auditor 23125 Queen Street COLERAINE Co Londondery BT52 1 BG 24 September 2024 11