LORD ENNISKILLEN MEMORIAL ORANGE SOCIETY COMPANY LIMITED BY GUARANTEE INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF LORD ENNISKILLEN MEMORIAL ORANGE SOCIETY Page 6 YEAR ENDED 31 DECEMBER 2022 Opinion We liave aLidited tlie finaiicial slateineiits of Loi-d Eiiiiiskillen MeiTJOI-ial Oi'an<Te Society (the 'cliai'itable coinpaiiy".) for tlie year ended J l Deceinber 20?2 wliich coinpi'ise tlie Staleineiit of Fiiiancial Activities (inclLidiiio incoine and expenditui'e accoiint}, tlie Balaiice Sheet. tlie Stateinciil of Casli Flows and Iiotes to tlie fiiiancial stateiiieiits, incliiding a siiiniiiaiy of sigiiificanl accoiiiitiiig policies. Tlie fiiiaiicial reportiiig f1-aiiieI0rk tliat lias beeii applied iii tl)eii' pi-eparation is applicable law and Uiiited KinTrdoin Accoiintiii(r Staiidai-ds: iiicliidiiio Fiiiaiicial Repoiliiig Staiidard l O? TIFe FiiFaF7cial Repoi'liiig Sioi?dai-d opJ)licable 117 117e UK aiFd Repiiblic of l/-cla17d (Uiiited Iciiigdoin Geneixlly Accepted Accoiiiiting Pi-actice). Iii oLii' opiiiion tlie fiiiaiicial 5tateiiieiitS= (Five a true and fail- vieiii of tlie state of tlie cliai-itable company s affails as at ) l Deceinber ?0?2. and of it5 incoining I'esoLlI'ces aiid applicatioii of resoiirces: iiiclLidiiig its iiicoine and expeiiditiire: for the year theii ended- have been pi'opei-ly prepai'ed in accoi'dance with United Kiiigdoin Generally Accepted Accoiintiiig Pi-actice; and have beeii prepai'ed iii accoi'dance witli Ilie reqiiireineiits of tlie Coiiipanies Act ?006. Basis for opinion We condLlCted our audit in accordaiice with Intei-national Standard5 on Aiiditing (UK)(ISAs(UK)) and applicable law. Oui- i-espoiisibilities ui?dei- those standards arc fuither desci'ibed in tlie Auditor's i'espoiisibilities for tlie aLidit of tlie fiiiancial stateiTJeiits section of oiii- i'epoit. We al-e independent of tlie chai'itable eoinpan)i in accoi-dance witli the ethical i-eqiiireineiits tliat al'e i-elevaiil lo OLir audit of the fiiiatjcial stateineiits in tlie UK: inclLidii](y tlie FRC'S Etliical Staiidai-d, and tlie pi-ovisions available foi- sinall entities. in the circuinstaiices set OLIt in iiote ?0 lo tlie finaiicial stateineiit5, aiid we have fiilfilled OLir othei. etliical i-esponsibilities iii accordance witli these rcquii'einents. We believe tliat the aLidit evidence we have obtained is Slifficieiit aiid appi'opi-iate to pi-ovide a basis foi. oiii. opinion. Conclusions relating to going conccrn In auditing tlie tiiiaiicial slatenieiits: we have concllided that tl)e triistees. use of tlie goino coiicern basis of accoiinting iii the preparatioii of tlie fiiiaiicial stalenieiits is appi-opi-iate. Based on tlie woi'k ive have peifoi-iiied, Ive liave Iiot ideiitified aiiy Inatei-ial Liiiceitainties i-elalino to eveiits oi- coiiditions tliat iiidividLially oi. collectivcly.. Ina)r ct gionificant doLibi oli tl)e cl)aritable coiiipaiiy's ability to coiitillLie as a uoiiio coiicei'ii foi. a pei'iod of at least twelve iiioiitlis fi'oin wheii tlie rinaiicial stateiiients al'e aLltlioi-ised foi- issiie. OLir i-esi)oiisibilities and Ilie i-espoiisibilities of tlie Ii'LlStees M'itli respect to ooing concern ait desci-ibed in tlie I'elevanl sectioiis of iliis i-epoil.
LORD ENNISKILLEN MEMORIAL ORANGE SOCIETY COMPANY LIMITED BY GUARANTEE INDEPENDENT AUDITORS, REPORT TO THE MEfvlBERS OF LORD ENNISKILLEN MEMORIAL ORANGE SOCIETY (continued) YEAR ENDED 31 DECEMBER 2022 Page 7 Other information The trustees al'e I'espoiisible foi- the otliei. infoniiatioii. The otlier iiiforiiiatioii coinprises any iiifonnatioii otlier tliaii tlie finaiicial stateiiients and oiii- auditoi-'s I'eport thei'eoii. Oiii. opiiiion on tlie finaiicial stateinents does not covei. tlie otliei. inforiiiatioii aiid: except to tlie extent otliei'wise explicitly staled in oui. repoit. we do iiot express any foi'm of assuraiice concliisioii tliei'eon. In connectioii witli oiii. aiidit of tlie fiiiancial stateiiieiits. OLir respoiisibi lity is to l'ead tlie otlier iiifoi-liiatioii and, iii doing so, con5idei' wlietlier tlie othei- inforiiiation is iiialei-ially iiiconsisteiil Miitli tlie fiiiaiicial stateineiits or oiir kiioivledge obtained in tlie alidit or otlierivise api)eai's to be iiiaterially Inisstaled. If we ideiitify SLicli Inatei-ial iiicoiisisteiicies oi. appareiit Inatei-ial Inisstateinents. we al-e i-equii-ed to deteiiniiie ihetlier tlieTe is Inaterial Inisstateiiient in the finaiicial stateiiieiits or a iiialei-ial inisstateiiiei)t of Ihe othei. iiifoi-lnation. If. based on the woi-k" we liave pei-fornied, Mie conclLide that tliei-e is a Inatei'ial Inisslateinent of tliis other infonnatioii. Mie al-e i-eqLliI'ed to i-eport Iliat fact. We liave notliiiio to report in tliis Fegai-d. Opinions on otlier matters pi-escribed by the Companies Act 2006 Iii our opinion, based 011 tlie woi-k iindeitaken iii tlie COLlI-se of tlie audit.. the infor]natioii given in tlie trustees, I'epoi1 (incorpoi?tiiig the directoi's. i-epoit) foi. tlie fiiiancial yeai. foi. whicli tlie fiiiaiicial statements al-e pi-epared is consistent Miitli tl)e financial stat¢iiients- and tlie directors repoit has been prepai-ed in accoi'dance with applicable legal i-equirements. Matters on Ivhich Ive are required to report by exception Iii the light of our knowledge and iinderstanding of tlie chai'itable coinpany aiid its enviroiiment obtained in the course of tlie aLidit, we have not identified In1( terial Inis5tateineiits iii tlie directoi-s, repoil. We have nothing to repoi't in respect of tlie following niatters iii relation to H'hicli the CoiTJpanies Act 2006 IEqLiires us to i-epoit to you if: in oui. opinion: adeqLiate accountino I'ecoi-ds have not beeii kept: 01- I'etLiriis adequate for oiir aLidit liave iiot beeii received fi'oiii bi'aiiches iiot visited by LIS- OI. the financial statenieiits are not in agreeinent witli tlie accolllltiiig recoi-ds aiid i'etuims: oi- certaiii disclosLires of dii-ectors. I'einiinei'atioii specified by l(IMi al-e iiot iiiade; or we liave not I'eceived all the infoiiiialioii aiid explaiialioiis FeqLliI'e toi- oiii. audit. oi. tlie trLlStees wei-e iiot eiititled to pi'epai-e tlie fiiiancial stclteiiieiils iii accoi-dance ivith tlie sinall coinpanies i'egiine and lake advcllltaoe of the sniall coinpanies. exeiiiptioiis in pi'epariiig tlie directOl-S' IEPOrt aiid fi-oiii tlie I'eqiiii'eineiit to pi'epai'e a st17tegic repoil. Responsibilities of trustees As explaiiied Inore fiilly iii tlie stateiiieiit of dii-ectoi-s. i-espoiisibilities set OLIt on pages 4 and 5. Ilie ti-ustees (who are also tlie dii-ectors of Ilie cliaritable coi)Ipaiiy foi- tlie PLII-POse of coinpany laKv) icl-e re5poiisible foi. tlie prepai'atioii of tlie fiiiancial stateilleiits and foi- beiiig satisfied tlial tliey oive aiid Ii-lie aiid fail- view. aiid foi. SLicli iiitei-iial coiiti'ol as Ilie tl'Lislees delei'iiiiiie is Iiecessai)I to eiiable tlie pi'epai?tioii of fiiiancial stateilleiits tliat 2( I'e fi-ec fi'oiii Inatei'iic I iiiisslateiiieiil. wlieiliei. dlie to fiaLid oi- eriDI'.
LORD ENNISKILLEN MEMORIAL ORANGE SOCIETY
COMPANY LIMITED BY GUARANTEE
INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF LORD ENNISKILLEN
MEMORIAL ORANGE SOCIETY (continued)
YEAR ENDED 31 DECEMBER 2022
Page 8
Responsibilities of trustees (coiiliiiiiecl)
Iii pi-epai-iiig tlie fiiiancial staleineiits, tlie IrLlStees are responsible for as5essintr tlie cliarilable coiiipany's
ability to contiiiiie as a goiiig concerii, disclosis1(J as applicable: illattei's i-elated to goiiig concerii aiid
Lisino tlie going coI)cern basis of accoLinting Linless tlie tl'LlStees either inteiid to IiqLiidate the charitable
company or to cease opei-atioiis: or liave iio I'ealistic alteriiative but to do so.
Auditor's responsibilities foi. tlie &2udit of tlie fin#nci2& I statements
Oiir objectives at-e to obtain reasonable assiii'aiice aboLII 1]let1]e1. tlie fiiiaiicial stateineiits as a Ki,hole are
fl-ee fi-oin inatei-ial iiiisslateiiieiit, wliethei. diie to fi'aiid 01- ei'i'or: aiid to issiie ali aLiditoi-'s i-epoi't tliat
iiicliides oiii- opinion. Reasoiiable assiii-aiice is a liigli level of assiirance, bLIt is not a gilai'aiitee Iliat ali
aiidit coiidiicted iii accordaiice ivitli ISAS (UK) will a]lay5 detect a Inatei-ial iiiisstateinent ii,lieii il
exists. Misstateinents can arise froin fraiid oi. eri'oi. aiid al-e considei'ed Inatei'ial if. iiidividiially oi. iii tlie
a(ygi-egate, they coiild reasonably be expected to inflLience tlie economic decisioiis of iisers taken oli tlie
basis of tliese fiiiaiicial stateinents.
Irregularities, including f1711d, are iiistances of noii-coinpliaiice witli lai¥s and iEgiilations. We desigi)
pi-ocediire5 iii line witli oui. i-esponsibilities, OLltlined above, to delect Inaterial Inisstateineiils in respect
of iri'egiilai'ities: inclLidiiig fi'aiid. 'fhe specifsc pi'ocedui-es for tliis en<Tagenient aiid the extent to wliicli
tliese al-e capable of detectiiio jii'egularilies, iiicliiding fi'aLId is detailed below:
Extent to ivliicli tlie au(lit ivas considered cap¢1 ble of detectiniv iri'egularities, including fnud
We ideiitify and assess tlie risks of Inalcrial Inisstalenieiit of ilie financial stateiiieiits, whethei. dlie to
fiaud or en'or: and tlieii desioii and peifoi-ln tlie aiidit procediii-es I'espoiisive to tliose i-isks, includiiig
obtainiiio aLidit evideiice tliat is siifficient aiid appi'opriate to pi-ovide a basis for oiii. opinioii.
Identifyinu 4in(l assessing potential risks related to ii're
LORD ENNISKILLEN MEMORIAL ORANGE SOCIETY COMPANY LIMITED BY GUARANTEE INDEPENDENT AUDITORS. REPORT TO THE MEnnBERS OF LORD ENNISKILLEN MEMORIAL ORANGE SOCIETY (continued) YEAR ENDED 31 DECEMBER 2022 Page 9 Auditor's responsibilities foi" the audit of tlic flnancial strfltenients (coiiliiiiiecl) A5 a i'esult of these procedui'es, we considei-ed tlial tlie parlicular areas iii tlie financial statenienls that wei'e siisceptible to Inisstateinent wei'e i-elated to Inaiiageineiit bias in accountiiig estiinales and jLidgeiiiciits' iecogiiition, classificalion and coinpleteness of iiicoine. lii coinmoii witli all aLidils undei- ISAS (Ul<).. we al-e also reqLliI'ed to pei-foriii specific pi'ocedLlI-es to i-espond to tlie I'isk of iiiaiiageineiit oven'ide. We a150 obiaiiied an Liiiderstaiiding of tlie leoal and I'egLilatoi'y fi'aiiieivoi'ks tliat ilie Cliai'ily opei?tes iii. fociising 011 pi'ovisions of tliose laivs and i-egulation5 tlial liad a direct effect 011 tlie detei-lniiialioii of niatei-ial ainoLints and disclosLlI-es in the fiii<iiicial stateiiieiits. Tlie key laws aiid regLilations we considered in tliis coiitext included Cliai-it), legislatioi) applicable to Noitliern Ireland, Cliai-ity s oovei-iijiio docLiinent, einployment law, Iiealth and safet)i aiid lax leo jslation. In addition: we considered pi'ovisioiis of otliei. laivs and regulation5 that do Iiot liave a direct effect oi) the financial statements but coinpliaiice witli wliicli Inay be fundainental to tlie Cliai-ity's ability to operate oi. to avoid a iiiatei-ial peiialty. Oiii- procedLlI-es to respioiid to i-isks ideiitified iiicliide tlie folloiviiig-. ideiitifyiiig and assessiiig tlie desigii effectiveness of coiiti'ols manageineiit lias in place to prcvent and delect fi?ud- i'eviewino the financial stateliients disclosui-es and testing to suppoitino dociimentalioii to assess coInpliaiice witli pi-ovisions of i-elevant lamis and reoulations desci-ibed as having a dii-ect effect on tlie fiiiaiicial slateinents- enqiiii-ing of Inanageineiit and extei-nal legal advisor5 concei'ning acttial and potential lititFation and claiins- pei'fonning aiialytical pi-ocedLlI'es to ideiitify aiiy uiiiisual or unexpected relationships that Inay indicate risk of Iiiateri(Il misslaleiiieiits due to fi-aud. readino IninLltes of lneetinS of those cliai-ged with govei'naiice; obtainii)g an Lindei'standiiig of pi'ovisions and holding disciissions with management to understaiid tlie basis of i-ecognition; and iii addi'essing ihe i-isk of fraLid t]oligh inanageinent override of controls: tesling tlie appi-opriateness of joiirnal enli'ies aiid otliei- adjLlStnieiits incliidiiig tliose I'elatiiig to I'eveniic recogiiition; dssessino ivlietliei. tlie jiidgeineiitg Inade in iiiakiiig accoLintiiio estiillales al-e indicative of poteiitial bia5: aiid evalLiatiiiiy tlie i-atioiiale of an}, sioiiificaiit tiaiisactions tlic1t are lai-ge: UllllSLial oi- outside tlie Iioiiiial coiii'se of tlie cliai'ity's activities. We also COliiliiLlI)icatcd i-elev1c Ilt identified laivs aiid regLilatioiis aiid poteiitial fi'aiid risks lo all eiioaoeiiieiit teains Iiieinbers aiid i-einained aleil to aiiy indicalioiis of fi'aLid oi. non-coinpliaiice wilh laws aiid I'eoiilatioiis tlii'oLigliout the aLidit.
LORD ENNISKILLEN MEMORIAL ORANGE SOCIETY COMPANY LIMITED BY GUARANTEE INDEPENDENT AUDITORS, REPORT TO THE MEtVlBERS OF LORD ENNISKILLEN MEPklORIAL ORANGE SOCIETY (continued) YEAR ENDED 31 DECEMBER 2022 Page 10 Auditor's responsibilities for tlie udit of thc financi4¢ I statenients (coiili1114ed) Because of the inliei'ent liiiiitatioiis of ali aiidit. tliei-e is a risk that we will iiot detect all iri'eglilarities: iiicliidiiig tliose leading to a Inatei-ial Iiiisstateineiit iii the fiiiancial stateinents oi. iion-coinpl iaiice witli I'egulation. This risL" increases the Inoi-e tlial coinpliaiice witli a law oi. regLilation is I'einoved fi'oiii the eveiits and transaclions I'eflected iii ihe fiiiaiicial stateinents: as we will be less likely to becoine amiai-e of instances of non-coinpliaiicc. Tlie i-isk" is also gi-ealei- reoai'diiig iri'eiJiilai-ities occiiii-in(y dLie to fraud i-athei. than eii'oi.. as fi'aud involves iiitentioiial concealinent: foi-oei'y.. colliisioii: oinission 01- Inisi'epi'eseiitatioii. We al'e not i-espoiisible for preventing iion-conipliance aiid caiinot be expected to detect iioii-coinpliaiice witli all laws aiid I'eoLilations. As part of an audit in accoi'dai)ce willi ISAS (UK), Mie exei'cise professioiial jLidoemeiit aiid Inaiiitaiii pi-ofessioiial scepticisin throii(ylioiit the aLidit. We also-. ideiitify and assess the risks of Inatei-ial iiiisstateineiil of the finaiicial stateinents, M,lietliei' diie to fi?Lid oi- eiTor: design and pei-foriii aiidit procedLlI-es resi)oiisive lo tliose I'isk5. aiid obtain aiidit evidence tliat is SLifficient and appi'opriate to pi'ovide a basis foi. oiir opinion. Tlie i'isk of not detectiiig a niaterial ITJiSStateinenl i-esLiltino fi-oin fi7iid is liighei. tliaii for one resiiltiiig fi'oiii ei-l'oi.: as fi-aLid illay involve collusioii: foroeiy.. iiitentional oiTriissions: iiiisi'epi'eseiilations, oi- tlie ovei-ride of intei'iial control. Obtain an iindei-staiiding of inteiiial conti-ol relevant to tlie aiidit iii ordei- to design audit procediires tliat are appi'opriate in tlie cii-cuinstaiices, biit not for the pui'pose of expi-essing an opinion the effectiveness of the charitable coinpaiiy's inteimal control. Evaluate tlie appi'opi'iateness of accoLintiiio policies Lised and tlie I'easonableness of accoiinting estiinates and i-elated disclosures Inade by tlie trlislees. Conclude on the appi'opriateiiess of ilie trustees. Lise of tlie going coiicei'n basis of accoiiiiting and: based on tlie audit evidence obtaiiied, wlietliei- a Inaterial iinceitaiiity exists i-elated to events or conditions tliat niay cast sigiiificant dolibt on tlie cliai'itable coinpaiiy's ability to continue as a goiii(F conceni. If we conclude tliat Inatei-ial iincerlaiiity exists: we are i-equii'ed to di'aw alleiition in our aLiditor's IEPOlt to tlie i-elated disclosiires in tlie financial statements oi., if sucli disclosiii-es are inadequate, to Iiiodify our opinion. Our coiicliisioiis are based on the aiidit evidence obiaiiied LIP to tlie date of oui. aiiditoi s repoil. 14oiiyevei.: fLltui-e events or coiiditions inay cause 11)e cliaritable coinpany to cease to coiitiniie as a goiiio coi)cei-ii. EvalLiate tlie ovei'all pi-esentatioii: stl'LlCtLlI'e and conteiit of the fiiiaiicial statemeiits. iiicliidinTr the disclosiires, and w11ether tlie fiiiaiicial slateiiieiits repi-esent the iiiidei'lying ti'aiisaclions aiid eveiits in a iiiannei. Èl)at achieves fail- pi-esentatioii. We coiiiinuiiicate with 11105e charged witli (¥overiiaiice i'e¥Jardin(y ainon(% otlier iiiatters, tlie plaiiiied scope aiid tiining of tlie aiidit aiid sigiiificc111t aLidit fiiidiiios: inclLidin(F sigiiificaiit deficiencies iii iniei'iial control tliat we ideiitify diiriiig our aLidit.
LORD ENNISKILLEN MEMORIAL ORANGE SOCIETY COMPANY LIMITED BY GUARANTEE INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF LORD ENNISKILLEN MEMORIAL ORANGE SOCIETY (continued) YEAR ENDED 31 DECEMBER 2022 Page 11 Usc of our report Tlii5 I-eport IS iT]ade solely to ihe cliaritable coinpany's ineinbers, as a body, in aecoTdance witli Cliapter J of Pait 16 of tlie Coinpanies Act 2006. Oui- aLidit woi'k has been uiidei-taken so tliat we iniglit state to tlie cliaritable coinpaiiy's meinbei-s Iliose iTratlers M'e are i-eqLiired to state to tliein iii ali auditoi-'s i-eporl and foi- iio otliei- piirpose. To tlie fiillesl extent perinitted by law: Ive do Iiot accept oi. assLiille responsibility to aiiyoiie otliei. tlian tlie cliai'itable coinpany aiid tlie chai'itable coi)Ipaiiy's iiieillbei's as a body. foi. oui- audit work: for tliis repoi't. or foi- tlie opiiiions we liave foi'ined. BRYAN J FRIAR FC (Seiiior Statlltory ALiditoi') For aiid oli belialf of JACKSON ANDREWS Cliailei-ed AccoLiiiiants & SlalLltoi)' Auditor Andi7s Hoiise 60 Gi-eat Victoi-ia Streel Belfast BT? 7ET Date: ..fv.fjA