YouthAction Northern Ireland Limited INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF YOUTHACTION NORTHERN IRELAND LIMITED Oplnlon We have audited the financial statements of YouthAclion Northern Ireland Limit8d (the 'ch8rty'l for Ihe year ended 31 December 2022 which comprise the statement of financial activities, Ihe ststement of financial position, the statement of cash flows 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 Stand8rd applicable in the UK and R&public of Ireland (United Kingdom Generally Accepted Accounting Practice). In our opinion, the financial statements: give a true and fair view of th8 slate of the charitable company's affairs as at 31 December 2022 and of its incoming resources and application of resources, for the year Ihen ended., have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practi. and ave been prepared in accordance with th8 requirements of the Companies Acl 2006. Basls for oplnlon Vve conducted our audit in accordance with International Standards on Auditing (UK) IISAS (UK)) and applicable law. Our responsibilities under those standards are further described in the Audrto¢s r8sponsibililies for the audil ol the financial sta18m8nts section of our report. We are independent of the charty in accordance with the ethical requirements Ihat are relevant to our audit of thè financial statements in the UK, including the FRC'S Ethical Slandard, and we have fulfilled our other ethical responsibilities in accordance with these fequirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Concluslons relatlng to golng concern In auditing the financial statements. we have concluded that the trustees, use of the going concem basis of accounting in the preparation of the financial statements is appropriate, Based on Ihe work we have performed, we have not identified any material uncertainties relating to events or condrtions that, individually or collectively. may cast signfficant doubt on Ihe charity's ability to continue as a going concern for a period of at least fv4elve months from when the financial statements are aulhorised for Issue. Our responsibllitles 8nd the responsibilities of the trustees with respeGt io going concern are described in tha relevant sections of this report. Other Inlormatlon The other information comprises the information included in the annual report other than the finarrial statements and our auditorfs report thereon. The trustees are responsible for ihe other information contained within the annual report. Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon, Our responsibility is to read the other information and. in doing so, consider whether the other information is materially inconsistent with the financial statements 01 our knowledge obtained in the cours8 of the audit, or otherwise appears lo be materially misstated. If we identify such material inconsisiencies (Y apparent material misstatements, we are required to detemiine 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 olher information, we are required to report Ihat fact. We have nothing to report in Ihis regard. Matters on whlch we are requlred to report by exceptlon We have nothing to report in respect of the following matters in relation to which the Charities (Accounls and Reports) Regulations 2008 require us to report to you if. in our opinion- the infomiation given in the financial statements is inconsistent in any material respect with the trustees, report., or sufficient accounts'ng records have nol been kept,, or the financial stalements are not in agreement wilh the accounting records: or we have nol received all the information and explanations we require for our audit 14-
YouthAction Northern Ireland Limited INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF YOUTHACTION NORTHERN IRELAND LIMITED Responslbilitles of tru8tee8 As explained more fully in Ihe statement of trustees. responsibilities. the tnjstees. who are also the directors of the charity for the purpose of company law, are sponSible for the preparation of the financial statements and for being satisfied Ihal they give a true and fair view. and for such inlernal conlrol as the trustees detemiine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, th8 trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing. as applicable, matters related to going concem and using the going concern basis of accounting unless the trustees either inlend to liquidate the charitable company or lo cease operations, or have no realistic alternative but to do so. Audltor's responslbllltles for tho audlt of the flnanclal slatem¢nts Harbinson Mulholland is eligible for appointment as auditor of the charity by virtue of Its eliglblllty for appolntment as auditor of a Company under section 1212 of the Companies Act 2006. Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material missialement. whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audil conducted in accordance with ISAS (UK> will always detect a material misstaiemenl vthen it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on tha basis of these financial statements. Irregularities. including fraud, are inslances of non-compliance with laws and regulations. We design procedures In line with our responsibilities. oullined above, to detect material misstatements in respect of irregularities, induding fraud. The extent to which our procedures ara capable of detecting irregularities, including fraud. is detailed below. 15.
YouthAction Northern Ireland Limited INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF YOUTHACTION NORTHERN IRELAND LIMITED Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and n0cOMpliance with laws and regulations. was as foll0v". Ihe engagement partner ensured that the engagement team collectively had the appropriate Competen. capabilities and skills to identify or recognise nonvcompliance with applicabl8 laws and regulations- we identified Ihe laws and regulations applicable lo the company through discussions with d1CtOrS andlor senior management, and from our Gommercial knowledge and experience of the sector, We focused on spècific laws and regulations which we considered may have a direct material effect on the financial statements or the operations of the company, including Charilies Acl {Nl) 2008. tsxalion legislation, data protection. anti-bn'bery, employment, environmenlal and health and safely legislation we assessed the extent of compliance with the laws and regulaiions identified above through making enquiries of management and inspecting legal correspondence; and • identified laws and regulations were communicated within the audit team regularly and the team remained alert to instances of non-compliance throughout the audit. We assessed the suscepts'bility of the company's financial statements to maler581 mlsstatement, including obtaining an understanding of how fraud might occur, by.. making enquiries of management as lo where they considered there was susceptibility to fraud, Iheir knowledge of actual, suspected and alleged fraud,, and considering tha Internal controls in place to mitigate risks of fraud and non-compliance wilh laws and regulations; To address the risk of fraud through management bias and overn'de of controls, we.. performed analytical procedures to identify any unusual or unexpected relationships., tested journal entries to identify unusual transactions.. assesséd whether judgements and assumptlons made in determining the accounting e5tirnates set out in Note 2 were indicative of potential bias., and investigated the rationale behind significant or unusual transactions., In response to the risk of irregularities and non-compliance wilh laws and regulations, we designed procedures which included, but were not limited to.. agrèèing financial statement disclosures to underlying supporting documentation,. reading the minutes of meetings of those charged with governance; enquiring of management as to actual and polential litigation and claims, and • reviewing correspondence with HMRC and Ihe company'slegal advisors., There are inherent limitalions in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that would becorne aware of non-ccmpliance Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations lo enquiry of the directors and olher management and the inspection of Tegulatory and legal correspondence. if any Material misstatemenls that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate Concealment or collusion, 16-
YouthAction Northern Ireland Limited INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF YOUTHACTION NORTHERN IRELAND LIMITED Use of our report This report is made solely 10 Ihe charity's membars. as a body, in accordance with section 65 of the Charikn'es Act (NI) 2008. Our audit work has been undertaken so that we might state to the charily's member5 those matters we are required to state to them in an auditor's report and for no other purpose. To the fullesl extent permittéd by law. we do not accept or assum8 responsibility to anyone other than the charity and the charity's members as a body, for our audit work,for this report, or for the opinions we have formed. <-CLIC Angola Cr gan {Senlor StatOry A drtor) for and on behalf of Harblnson Mulholland Chartered Accountsnts ststutory Audltor Centrepoint 24 Ormeau Avenue Belfast Co, Antrim Northern Ireland BT2 8HS Harbinson Mulholland is eligible for appointmenl as auditor of the charity by virtue of ils eligibility lor appointment as auditor of a company under section 1212 of the Companiés Act 2006. 17-