Inforniing Choices Nl (Trading as ICNI) Ltd Company Llmited by Guarnnt•e Independent Audltorfs Report to the M•mb•rs of Infornilng Cholcas Nl (Trading as ICNI) Ltd Y•ar •nd•d 31 March 2023 MUIR & ADDY OplnloTh We have audited the financial staternenls of Informing cho Nl (Trading as ICNI) Ltd (the 'charity') for the yeaf ended 31 March 2023 which comprise the statement of financial actNities (induding income and expendilure account>, stalemenl of financial positK>n, slatement of cash flows and the related notes. induding a summary of sIgnrfanI accounting polties. The financial porting framework that has been appld in their preparation is applicable law and und Kingdom Accounting Standards. induding FRS 102 The Financial Retthing Standard applicable in the UK and Republic of Ifeland (Uniied KInn Generally ALWted AcclntIng Practice). In our opinkm the financial slatemenls.. ve a In and lair viff of the stale of charity's affairs as at 31 March 2023 ar of its incorning resources and applKation ol resources. Induding its income and expendilure. for tho year then eThled, have tjeen KKopefty prepwed in acc(xdanc8 with United Klngdom Generalty Acceptod Ac¢ountlng Practice. have been pr•pared in accordance wlth the requirernents of the Companies Act 2006. Ba•1• for oplnbon We corKlucted our audit In accordance wlth Internatlonal Stan(lards on Auditing (UK) (ISAS (UK)) and applicable law. Our responsibilities under those standards are further described In Ihe auditor's responsibilllies for the audil of the financial slalemenls section ol our report. W• are independent of the charily in accordance with t ethical requirements that are relevant to our audit of the financol statements in the UK, induding Ihe FRC'S Ethical Slandard. and Ihe Pfovisns available lor small entit, in the circumstances sel out below, and we have fulfilled our Other ethical respS1tH.11tles in accordanLY with theso requlrements. We belreve that the audlt evlderKe have oblalned Is suffident and apwopnate to provide a basis for our opinion, In audlling these financol statements we have applied the "Ethlcal Standard - Provlsions Avai18ble for Smau Entltl8s", issued by the Financial Reporting CncIl. in the circumstances set wl In note 2010 the fncIal slatements. Conclu•lon• T•lallng to golng ¢onc•m In auditlng the financial statements, we have concluded Ihal Ihe trustees, use of Ihe golng conc•m ba8lS of accountin9 In thè preparation of the financial stalements is appropriale. Based on the work we have perfomed, we have nol identrfknd any matefwl uncertaintEes relating lo eve or conditions that. indlvidually or collethely. may cast significant doubt on the charity's alm'lty to continue a8 a going concern for a period of al least twelve months from when the financial statements arn authorised lor i#sue. Our restwisibilities and the respon8ibilths of Ihe tru¥tees wrth respect to goirvJ concem are described Sn tfkg relevanl secttons of thi8 report.
Infornilng Cholces Nl (Tradlng as ICNI) Ltd Company Limtt•d by Guarant•• Independent Audltorfs R•port to the M•mbors of Infornilng Cholces Nl (Tradlng as ICNI) Ltd (¢•nthu• Year ended 31 March 2023 MUIR & ADDY Othv Inforniation The otsr infomation comprise8 Irrfomiation induded in the annual r8p¢xt, other than the farla1 statements and our audilor's report Ihereon. The trustees are responsible for the other infomation. Our opinion on the financial Statements does nol cover the other infomation and, except lo the extent otheTh¥ise eXpIlIty stated in our pOrt, we do not express ary ILYM of assurarth C(xs1on thereon. In connection wilh our audrt of Ihe financial statements, wr responsibilty is lo read olher ifrformatlon and. in doing so, consider whether the other information is Maten'al incon31Stenl with the financial slatements or our knowledge obtained in Ihe audit or otherwise appears to be materially misstale(l. 11 we idenlify such matertal inconsisten¢ies or apparent material misstatements, we are required lo determine whether ihere is a material Misstatement in the financial statements or a maten'al misslatoment of the other informatlon. If. based on the wwk we have performed, we conclude that there is a rnater misslatomenl of this other information, we are required lo report that fa¢t. We have nothing io rewl in thls regard. Oplnlonl on oth•r pr••crfb•d by th• Companlm Act 2006 In our opinion. base(l on the Urertaken in the course of Ihe audit.. the inlrrntx)n &4ven in the tru518es' rep(Mt for the financial year for whKh the financial slatemenls are prepared is consistent wth the financial statements,. and tr tru8tees' report has been prepared in accordance with appll¢able legal requlrements, Mt•r• on whkh w• ar• r•qulr•d to r•port by •xc•ptlon In the light ol Ihe knowledge and underslandlng of Ihe charity and ils environment obtalned in Ihe cwr8e of the audit, have nol Identlfied material mi88tatements in the trusteo8' report. We have nothlng lo report in respect of the following matters In relation to which the compie8 A 26 require8 us lo report io yw rf, In our opinion: adequale accountsng records have not been kept. or return¥ adequate for our wdft have nol been r¢celved from Lvanches not visrted by us; or financial statenxnts are not in agreement wrth the accounting records and feturns: or certain disclosures of tru8tees' remunerats'¢)n speafied by law are not made: ¢x have not received all the inlormatK)n and explanations we require for our audrt.. or the truslees were entitled to prepare the finarKial stBtements in accordarKe with the small companies regime arml take advantage of the small companies, exemptions in weparlng the directors. re and from the requrnmenl to prepare a strategic feFx)rt.
Infornilng Cholces Nl (Trading as ICNI) Ltd Company Limlt•d by Guarante• Ind•pendent Audltorfs Roport to tho Members of Inforniing Choices Nl (Tradlng as ICNI) Ltd {¢onWnu•dl Year •nded 31 March 2023 MUIR & ADDY R•8ponslbllftl•• of trtt• As explained more lully in Ihe tnJslees' responsibillties siatement. the trustees (who are also Ihe director5 for Ihe purposes of company law) are responsi1 for the preparation of the financial statements and for bei¢YJ salisfd thal they give a true and laif view, and for such internal control as the trustees delennine is necessary to enable the preparatKJn of financial slatements Ihal are free from material misstatement. whether due to fraud or error. In preparing the financial statements. the trustees are responsible for asstssiro the charity's th'lity to continue as a g)ing Corn. disdosing. as applicable, matters related to w'ng concern and using the gx)ing concern basls of accounting unless ts trustees either InlerKI to IiquKlate Ihe charity or to ceas¢ operations. or have no reallstlc alternative but to do 50. Audllorf• r••pon•lbllltlM for th• audlt of th• fln•nd•l •tat•m•nt• Our objectives are to obtain reasonable assurance abwt whether the financial slalements as a whole are free from malenal misstatemenl. whether due tu fraud or error, and to issue an aLMJilorf8 report that includes our opfflion. Reasonable assurance is a high levd of assurance, but is nol a guarantee Ihat an audit conducted In accordance with ISAS {UK) w1 always detect 8 material missialement when it exisls. Misstatements can arise from fraud or error and are considered material if. irKINidually or in the awegale, they coukl reasonabty be expected to influence economic deCisn8 of users tsken on the basis ol these financial sta16ments. Iryegularltles, includlng fraud, are instances of non-compliance with laws and regulations. W• d88ign procedures in line wilh our responsibilrties, ouilined above, lo detecl material misstatoments in 18$t ol irregularities, including fraud. The extent to which our pro¢edure8 are capable of detecting regulafits. Including Iraud is detailed below.. We diswssed law8 and rryulations and fraud risks duflry our audit planning proc•duTes. The company rnust comply w41h relevantlggislalion arKI prepare finanoal statements whh glve a true and fair vtew. Fraud Is most likely lo Involve the migapproprialion of chwty assets. for exarnple fraudulent payments which mlght include the creation of fKtbtious SuplerS or employees or the changing of bank details. Our enga9emenl leam collectively had apyopriale eXPernCe of appticable and regulatlons comwence lo recognise norWmPlian¢e, We used checklists in evaluating the presentatN)n. structure arKI conlenl of the financial statements. We consider thal our audbt has a reaSonae ch8nL of detectlng materlal r)nOMPlianCO with laws and regulations. We remain mindful that fraud, by tls very nature. may be difficult to detect. and that misapproprlalion may occur before Ir8nsxlion8 enter Ihe accounting records of the charity. Audit procedures were planned and performed lo test controls in place f¢Y authorisalion and payment of suppller Invoices and salarwJ. We also undertook analytical procedurnG to Identfy trends that might indicate fraudulent payments and we reviewed genefal ledger paymenls Fyocessed dlfferentty to regular supplier payments. We COnser that our audit has a reasonable thance of detecting a material Iraud in this area.
Inforniing Choices Nl (Trading as ICNI) Ltd Company Limlted by Guarants• Indendent Auditorfs Report to the Memborn of Infomilng Cholces Nl (Tradlng as ICNI) Ltd (conl Year endod 31 March 2023 MUIR & ADDY As part of an audit in actordance wrth ISAS {UK}, we exercise wofessional wdgmenl and maintain professWl sceptsism thr(1 audit. We also: Idenlfy and assess the rkS of material misstatement of the financial statements. whether due to fraud or error. design and perform audit procedures responsive to Ihose risks, and obtain audrt evidence Ihal is Sufflent and approwiale to prty•ide a basis for our ownion. The rtsk of not deleclin9 a rnaterial misstalement resulting from fThwd is hher than for one resulting from efrty. as fraud may involve collusion, forgery, inientional omi33ions. misrepresenlations, or the overrKle of inlernal control. Obtain an understanding ol internal conlrol relevant to the audit in order to desw audlt 0¢edureS that are appropnate in the circumslances, bul not for the purpose of exwessing an opinion on the effecte85 of the internal wntrol. Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and relaled dwlosures made by the trustees. Condude on the appropriatenass of the trustees. u8e of the going concern ba815 of accoltnting and, based on the audit evidence oblained, whether a m8torial uncertainty exBts related to evenis or conditsons thal may cast sign1ran1 doubt on the charity's ability to conlinue as a wng concem. If we condude thal a material uncertainty exists. we are required lo drthy attention in our audllor's report to Ihe related disdosures in the financial statements or. if such disdosures are inadequate. io rn¢1fy our opinn. Our concjusions are base(l on the audlt evldenc8 obtalned up to the date of r auditor's rep. However, future events or condltion8 may ¢au88 the chw5ty to cease to ¢onlinue as a g)ing concern. Evaluate Iho overall presentstion. structure and nIent of the findla1 slatements, indudry Ihe disclosures, and whether the financial ststernents repfesent the underfying transacllons arKI events In a manner that achieves fair presentalion. 10
Inforniing Choices Nl (Trading as ICNI) Ltd Company Llmlted by Guarant•e Ind•p•nd•nt Audltorfs Raport to tho M•mbers of Inforniing Cholc•s Nl (Tradlng as ICNI) Ltd Icond•xw Y•ar ond•d 31 March 2023 MUIR & ADDY Wa communicate with those charged with governance regwding, among ottw matters. thè Ianrd scope and timing of the audil and srgntfThnt audit findings. induding any swrfunt defKiencies in Inlemal control thal we identfy during our audll. UM of our r•port Thi5 repm is made solely to the charity's members. as a body, In accordance wlth Chapter 3 of Part 16 of the Cornpan Act 2006. Our audrt work has been urthrtaken so that we mtht State to the charty's members those matters we are required to state to them in an audit(¢s rep(xt and for no othw purpose. To the fullest exteni permitted by law, do not accept or assume responsi.1 to anyone other than the charity and the charity's members as a body, frx our audit *YJrk, for this report. or for the ownions e have formed. Paul LeatIrn FCA (Senior Statutory Audttor) For and on behdf of Muir & Addy Chartefed accountsnts & statutfyy audltor Muir Buildlng 427 Hol Road BT4 2LT 15 November 2023 11