Do￿s[g￿ Envelope ID.. B3870B6*B8FE49C1.9ECA4768120F8134
Markets Development Association
INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF TRUSTEES
OF MARKETS DEVELOPMENT ASSOCIATION
We have examlned the financ5al statements of thè charity for the Ilnancial year end￿ 31 March 2023, which comprise
th8 Statementof Financlal Actlvities. the Summary Income and Expenditure A¢(vunl, the Balance Sheet and the related
notes.
This report is mede Solely to the charity's members, as a body, in acxa)rdanr* wlth Chapt8r3 of Part 16 ofthe Companles
Act 2(K16. Our work has been undertaken so thatwe migm wmpile the financial stalements that we hav8 b8en engag8d
to compllo. report to the Board of Trustees that we have done so, and slale those matters Ihat we hav8 agreed lo stale
to them In this report and for no olher purpose. To the fullest exlenl pemitted by law, we do nol accept or 88sum6
rosponslbilty to anyone other than the tharlty and Ihe charitys members, as a body, for our work, or for this report.
Respectlve re8pon8lbllltle8 of trustees and èxaminor
The charivs truslees (who are also the direclors of Iha company for thè purposes of company law) are responsible for
the preparation of the fina￿la1 slatements in aCcord￿ce with th8 requlramonts of the Companies Acl 2006. The
charity's Iruslees considerthat an audit is nOtreqUir￿ forihis financial year und8rChapter 3 of Part16 of the Companles
Act 2006 and that an independenl examinatKJn is requir￿.
H Is our responslblllty to:
examlnè thèfinancial statements under section 65 of the Charities Art
follow the procedures lald down by the general Dlrectiorts given by the Charity Commission for Northern Irdand
under sectlon 65{9Xb) of the Charltles Act: and
state whether partiujlar matters have ￿me to our attention.
Basls of independent examinerfg report
We have examined your charity finan(aal slatements as r￿jUlT8d under section 65 of the Chartll&s Act and our
examination was carried out in ac￿rdan(￿ wth the geTWdl Direclions gwen by th8 Charity Commisslon for Northem
Ireland under sectlon 65(9)(b) of the chari11￿ Act. An examination includes a review of Ihe accounting records kept by
the charity and a comparlson of the financial statements presented wih those reo)rds. M dso indudes wnsideralion of
any unusual ttems or disclosures in the financial stalements and seeknng explanations from the truslees ojnceming any
suth matters. The prcthdures undertakan do not provide all Ihe evldence Ihat would be required in an audit ar)d
consequently no opinion is given as to whether the a(xx)unts present a Irue and fai¢ wew and the report 15 limited lo
those matters set oul in the Statement below.
Independent examinerfs statsment
In conneGlion with our examination. r￿) matter has come to our atlentlon grves us Cause to belleve that in, any
m8terial respect:
accounting ￿rdS V￿re not kept in ￿)Illar￿ vrilh section 386 of the Companies Act 2￿6
the financial statements do not a(￿rd wlh ￿se a1xo￿ting re(x)rds
the finandal statements have not been prepared in ac￿rdanCE with the accounting requirements of secllon 396 of
the Companles Act2006 and bmth the melho¢Js and prtnciples ofthe Statemenl of Recommended Pr8clI(￿ 8pplicab16
to charities preparing their ar￿unts In axxJrdan(x with the FinaThial Reporting Standard applicable in thFJ UK 8nd
Rewblic of Ireland {FRS102)
there Is furlher Informallon needed for a proper undarstandlng of the a(￿￿Unts to be reach&J.
We have no conc8ms and have cnme acmss rK) Oth￿ matters n connectlon tho examlnatlon to which attention
should drawn in thi8 reFXJrt in order to enable a proper undersianding of the fin8naal statem8nls to be reached.
QUARTER
Sl Anne's Fbuse
15 Church Street
Cathedral Quarter
BT11PG
Date: .
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