St Columb's Hall Trust Charitabl Com Limi DEPENDENT ea R'S REPORT TO cember 2023 HEDI Oplnion We have audlted the flnanclal statements of St Columb's Hall Trust for the year ended 31 December 2023 which comprise the Statement of Financial Activities, Statement of Financial Position and the lated notes to the flnancial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 "The Flnancial Reporting Standard applicable In the UK and Republic of Ireland" (United Kingdom Generally Accepted Accounting Practlce). This report is made solely to the charltable company's directors / trustees, as a body. Our audit work has been undertaken so that we might state to the charitable company's dlrectors / trustees those matters we are required to state to them In an audltor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company school and the directors / trustees as a body, for our audlt work, for thls report, or for the opinions we have formed. In our opinion the financial statements: give a true and fair view of the state of the charitable company's affairs as at 31 December 2023 and of its income and expenditure for the year then ended; have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice. Basls for oplnlon We condutted our audit in accordance with International Standards on Auditing (UK) (ISAS (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audlt of the financial statements section of our report. We are Independent of the charitable company In accordance with ethical requlrements that are relevant to our audit of the flnancial statements in the UK, Including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. other Informatlon The dlrectors / trustees are responslble for the other Information. The other Information comprises the information included in the Trustee's Report, other than the financial staternents and our Auditor's Report thereon. Our oplnlon on the financial statements does not cover the other Informatlon and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connectlon wlth our audlt of the financlal statements, our responslblllty Is to read the other Informatlon and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit. or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are requlred to determine whether there is a material misstatement in the financial statement5 or a material misstatement of the other information. 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. Opinions on other matters In our opinion, based on the work undertaken In the course of the audlt: the information given in the Trustees, Report for the financial year for which the financial statements are prepared Is conslstent wlth the financlal statements; and the Trustees, Report has been prepared in accordance with applicable legal requirements. CavanaghKelly, Chartered Accountants & Statutory Auditors Page16
St Columb's Hall Trus haritab Limi DEPEND or E DIRECT TR TEE 31 December 2023 Matters on whlch we are requlred to report by exceptlon In the light of our knowledge and understanding of the charltable company and Its envlronment obtalned in the course of the audit, we have not identified material misstatements in the Trustees, Report. We have nothing to report in respect of the following matters if, in our opinion: adequate accounting records have not been kept, or retums adequate for our audit have not been received from branches not visited by us; or the financial statements are not in agreement with the accounting records and returns; or certain disclosures of remuneration specified by law are not made; or we have not received all the information and explanations we require for our audit. Responsibilities of Directors / Trustees As explained more fully in the Directors, / Trustees, Responsibilities Statement, the directors / trustees are responslble for the preparation of the financial statements and for being satisfied that they glve a true and falr vlew, and for such internal control as the directors / trustees determine is necessary to enable the preparation of financial staternents that are free from material misstatement, whether due to fraud or error. In preparing the flnanclal statements, the governors are responslble for assesslng the charltable company's ablllty to continue as a golng concern disclosing, as applicable, rnatters related to going concern and uslng the golng concern basls of accountlng unless the dlrectors / trustees elther Intend to liquidate the charltable company or to cease operations or have no realistic alternative but to do so. Auditor's responsibilities for the audit of the financial statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, 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 audlt conducted In accordance wlth ISAS (UK) will always detect a materlal misstatement when It exlsts. Misstatements can arise from fraud or error and are considered material if, individually or in aggregate, they could reasonably be expected to Influence the economlc decisions of users taken on the basls of these financial statements. A further descrlption of our responsibilltles for the audit of the flnanclal ststements Is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. Thls description forms part of our audltor's report. Mr Ryan alls FCA (Senior Statutory Audltor) Date: For and on behalf of CavanaghKelly Chartered Accountants & Reglstered Audltors 36 - 38 Northland Row Dungannon Co. Tyrone BT71 6AP CavanaghKellyi Chartered Accountants & Statutory Auditors Pag¢17