INDEPENDENT AUDITOR'S REPORT to the Members of Community Advice Newry, Mourne & Down IA Gompany limited by guarantee, not having a share capital) Matters on which we are required to report by exception In the light of our knowledge and understanding of the company and its environment obtsined in the wurse of the audit, we have not identified material misstatements in the Directors, Annual Report. We have nothing to report in respecl of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion.. adequate aoUntIng records have not been kept. or the financial statements are not in agreement with the accounting records and returns- or certain disclosures of directors, remuneration specified by law are not made., or the diieclors were not entit18d to prepare the financial statements in accordance with the Bmall companies regime and take advantage of the srnall companies, exemption in preparing the Directors, Annual Report. Responsibillties of dir8ctor8 for the flnanclal ststement8 As explained more fully in the Ststement of Directors, Responsibililies set out on page 9, the directors are responsible for the preparation of the financial ststements and for being satisfied that they give a true and fair view, and for such internal control as they determine is necessary to enable Ihe preparation of financial statements that are free from mateilal misstatement. wh8th6r due to fraud or error. In preparing the finandal statements, the directors are responsible for ass&ssing the companys abllity to continue as going concern, disclosing, as applicable, matters related to going concern and using Ihe going concern basis of accounting unless management either intends to liquidate the company or to ase operations, or has no realistic altemative but to do so. Audltor's respon8ibllltle8 for the audit of the financlal staternents Our objectives are to obtain reasonable assurance about whether the financial stalem8nts as a whole are free from material misstatement, whether due to fraud or error, and to issue an Audilovs Report that indudes our opinion. Reasonable assurance is a high level of assurance. but is not a guarantee Ihal an 8udit conducted in accordance wilh ISAS (UK) will always detect a material misstatement when 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 declsions of users taken on the basis of these finanrjal ststements. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedure5 in line with our responsibilitie5, Outlined above, to detect material mi85tatements in respect of irregularities, includlng fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below.. Further informatlon regarding the Scope of our re8ponsibilitie8 a6 audltor As part of an audit in accordance with ISAS (UK), we exercise professional judgement and maintain professional sceplicism Ihroughout the audit. We also.. Identify and assess the risks of rnaterial misstatement of the finanaal statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit eviden that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misslatement resulting from fraud is higher than for one resulting from error, as fraud may Involve collusion, forgery, intentional omlssions, misrepresentations, or the override of internal control. Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the company's internal control. Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimate5 and related disclosures made by directors. Conclude on the approprialene56 of the directors. use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or condih'ons that may casl significant doubt on the company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required lo draw attention in our Audito¢s Report to the related disclosures in the financial statements or, if such disGlosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our Auditols Report. However, fvture events or conditions may cause the the company to cease to continue as a going concem. Evaluale the overall presentation, structure and content of the financial statements, induding the disclosures, and whether the financial statements represent the underlying transaGlions and events in a manner that achieves fair presentation. 10
INDEPENDENT AUDITOR'S REPORT to the Members of Community Advice Newry, Mourne & Down IA Company limited by guarantee, not having a share capital) We comrnunicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significanl audit findings. induding any significant defiGiencies in internal control that we identify during our audit. The purpose of our audit work and to whorn we owe our responsibilitie8 This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Compani&s Act 2006. Our audit work has been undertaken so that we might slate lo the company's members Ihose matters we are required to state to them in an audilor's report and for no other purpose. To the fullesl extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed. Darragh Co r (Sènior Statutory Auditor) for and on behalf of DALY PARK & COMPANY LTD Chartered Accountants and Registered Auditor8 6 Trevor Hill Newry Co. Down BT34 1 DN Northern Ireland 13 December 2024 11