Report of Ili¢ In(lependeiit Auditors to the Trustees aiid Members of Roar aiid Explore Dali'y fiarm Ltd Opljilon We have audited the fiftan¢ial slalemenls of Roar and Explore Dairy Fam) Lid (Ilie 'charilable company,) for Ilie year ended 31 Decembci. 2022 which ¢omprise Il)e Sialement of Financial Aclivilies, th¢ Balance Sheet, Ihe Cash Flow Sialement and notes to Ihe financial slal¢menls, including a yummary of significaiit a¢¢ounling poli¢ies. The financial repoiting framewoi'k that has been applied in Iheii. preparation is applicablc law and United Kingdom A¢¢ounling Standai'ds (United Kingdoin Generally A¢cepled Accoiinting Practic¢), incliiding Financial Reporting Siandai'd 102 'The Fin8n¢ial Reporting Standard applicable in the UK and Rcpublic of Ireland,. In our opii)ion the financial slatemeiils.. give a liue and fair view of the stale of the charitable ¢otnpally's affairs as al 31 Decembei" 2022 and of its iiicomiiig resources P4nd application of resources, iiicluding its income and expcnditure, for the year then ended. liave been properly prepaled in accordance with United Kingdom Generally A¢¢epled Accounting Practice, including Finaiicial Reporting Siondard 102 'The Financi81 Reporting Standard applicable in the UK aiid Republic of Ir¢land'. and hav¢ been prepared li) ac¢ordane¢ with the requirernenls of the Companies Act 2006. BA$iS for opiillon We coi)ducl¢d our audit in 8¢coidance witli Inteinational Standards 011 Auditing iutc) (ISAS (UK)} and applicable law. Our responsibilities under Il)ose staiidards are further des¢ribed in the Auditors, responsibilities for the audit of the finan¢ial statements seclioi) of our report. We are independent of the charitable company in accordance willi Ilie eiliical requirements that are relevalll lo our audit of Ilie financial statements in the UK, i21cludi118 11)e FRC'S Eihteal Standard, and we havc fijlfilled our other ethical responsibililics li) a¢¢ordance with these requirements. We believe that Ilie audit evidence we have obt8ined 18 sufficient and Appropriat¢ lo provide a basis for our opinion. Coneliisions relating to goii)g concern In auditing the financial $lalem¢nts, we have Concluded that the Iruslees, us¢ of the going coiicern basis of accounling in the pr¢paralion of the financial statements is appropriate. Based on the work we have perfomied, we have not identified any material uncertainties relating to events or conditions that, individually or collecliv¢ly, may ¢asl significant doubt 051 the charitable company's ability lo continue as a going concern for a period of at least twelve monil)s from ivhen the financial stslemenls are auihtsrised for issue. Our rcsponsibililies and the responsibilities of the trust¢es with respect to going concem are described in Ilie relevant sections of this report. Other Information The trustees Rre responsible for Il)e other infornialion. The oilier information coinpi'ises Ilie iiifomiation included in the Annual Report, other than the financial stalcments and our Report of she Independent Auditors Ihcreon. Our opinioii oil the financial slalements does ilot cov¢r the other infolination and, except lo tlie extent oihenvise explieitly slated in our report, we do not express any forn) of assurance conclusion thereon. In connection with our audit of Ili¢ finaiici81 stalemenls, oiir responsibility is lo read the other infollnatton and, in doing so, consider whether th¢ other infoirnalion is materially inconsistent with the financial stAlements or our knowledge obtained in the audit or otherwise appears lo be materially misslaled. If lye idsnlify such maleriol inconsistencies or apparent material r¥]isslalemenls, we are required lo det¢misne whetlier Iliis gives rise lo a matei'ial mi58taleLnenl lh¢ financial slalenienls themselves. If, bas¢d on the work we have performed, we ¢oncliide Il)al there is a material misstateinenl of Iliis 011)er ii)fomialioi), we are required lo report Il)at fact. We have noihit)g lo report in this regard. Opiiiions on other matters prescribed by tlie Companies Act 2006 In our opinioii, based oil the work undertaken in tlie course of th¢ aiidil: tlie informatioii giveii in the Report of Ilie Trnstees for the financial year for which the financial sla¢¢ments are piepared is consistent with the financial slatemenls., and Ilie Report of the Trnslees has been prepared in accordance with applicable legal i'eqiiirements.
Repoi'l of the Indepeiideiit Auditors to the Ti'ustees Hiid Members of Roar and Explore DRiry FArm Ltd Mftlters on iyliieli lye ore i'equired to repoi't by exception In the light of the knowledge and ui)derslai)ding of the cliarilable company and ils eiivironmenl obtained in the course of Ilie audit, we have not identified material mi851alemenls in the Report of the TNslees. We have nothing to repoil in resp1 of the following matters where thc Companies Act 2006 requires us lo report to you if, in our opiIiion'. adequate accouiiting records have not been kept or retunis adequate for our audit have not been re¢eived from branches not Vi811ed by us. or the financial slalemeIils are iiol in agreen)ei)t with Ilie accounting records and rcturns. or ¢ert•in disclosure5 of twslees, remuiieralion specified by law al'e not made,. or we have not received all the infornialion and explanations we require foi our audit. or the tn]st¢es wele not enlilled io take advantag¢ of the small companies exemption fi'om Ihc tequiremenl to prcpare Strategic Report or in prepariiig the Report of the Trustees. Responsibilitlos of trustees As explained more fi]Ily in the Stalem¢nt of Truslces, Responsibil?lies. Ihc Iruslees (who also the directors of the charitable company for the pu05¢8 of compjny law) are responsible for the preparalioli of the financial slatemenls, and for being satisfied that they give a trne and fair view, and for such internal cotLtrol as the tNslees delenniiie is necessary lo enable th¢ preparation of financial statements that are fret from material misstatement, whether due lo fraud or error. In preparing Ihe financial slateinenls, the trustees ale responsible for dssessii)g the charitable company's abilily to continue as, a going concern, disclosing. as applicable, matters relalcd lo going concern and using the going concem basis of accounting iinless tlie ttvstces eiih¢r intend lo liquidate the ch8ritabl¢ eompany or to cease operations, or haye no realistic alternative but lo do so.
Report of tlie Independeiit Audltors to the Trustee5 ftnd Menibers ol Roar and Explore Dairy fiarm Ltd Our respoiisibllltl¢s for tlie audlt of tlie finaiielal stAleinenls Our objectives are lo obtain reasoiiabl¢ assurance about wlieiher the financial slalemenls as a whole are free from material misstatement, wliether due lo fraud or error. and lo issue a Report of the Independ¢nl Auditors Iliat includes our opiiiion. Reasonable assurance is a high level of assurance, but is not a guardnlee that au(til conducted in a¢cordance with ISAS (UK) will c21ways delect a matei.ial misstslement when il exists. Miss18lements ¢an arise from fraud or effor aiid al'e considcred material if, individually or in the aggi'cgatc, they could reasonably be exp¢cled lo influeiice the economic decisions of users taken on ihe basis of these financial slalements. T])e exlenl lo wl)i¢h our procedures are capable of delecling irregularities, including fraud 18 detailed beloiv: The following are required to be ¢onsid¢r¢d.. the nature of the industy and secloi., Control ¢iivironment and entity performance. results of our enquires of management, abtsul their own idenlificalion aiid assessment of the risks of irregularities. review of company policies aiid procedures relating lo: identifying, evaluation and ¢omplyii)g willi laws aiid regulations and whether they are aware of instances of non¢otnpliaiice' detecting and responding to the risks of fraud and whether they have any knowledge of any actual, siispecled or alleged the internal ¢oiitrols established lo miligale risk5 of fi'aud or noll-compliance with laws and regulations. th¢ mallers discussed amotig the audit engagement team and specific component audit teams regardiiig how and where fraud might occur in the financial statements and any potential indicators of fraud. Because of these procedures, we considered Ilie opportunities and incentives that may exist within the organisalion for fraud and identified the greatest poten1181 for fraud is in r¢lation lo completeness of incomes, ¢xp¢nditure not b¢iDg applied in line with intended purpos¢s and the calculation and payment of s212ries. In coninion with all audits under ISAS (UK). we are also required to perfomi specific procedures to r¢spond to the risk of management ovettide. Audit response to risks identified. The ¢urtenl audit is condLicled with profcssional sceplicism using procedures that Hre in a¢¢ordance with Int¢ii)ational Standards on Aiiditing. In responding lo th¢ ideiilified key audit mallers abov¢ we obl&tn¢d ali underslaiiding of the charity's objectives aiid in¢ome streams logeilier with Ihe salary calculation aiid piocessiiig process, we perfomied enquires of management and inspected relevant documents and cal¢ulalions, verifying incomes and exp¢nditures, assessing the complet¢ness and accuracy of diselo8ures within the finan¢ial statenieiils and concurred the figures were Inalei"ially a¢¢urale. In addition to thc above, our procedures to respond lo risks identified include the following: reviewiiig th¢ fvll fllian¢ial statemeiit disclosur¢s 8nd testing to supporting dociimenlalioll to assess coinpliance with provisiojis of relevant laws and regulations desci'ibed as haviiig a dire¢t effeel on the fiiiancial statements; enquiring of management concerns of a¢tU81 and potential litigation and claiins. perfoiiniiig analytical procedures to identify any unusual or unexpected relationships that may indi¢ale risks of material misslalement due to fraud., reading minutes of meetings of those charged with governance. and in addressing the risk of frhud through management override of conh'ols, lesliiig the appropiialeness of joumal entries and other adjustments,. assessing whethei. the judgements made in makii)g 8¢¢ouiilit)g estit))at¢s are indicative of a potential bias. ai)d evalualiiig the business rationale of aiiy signifieanl transactions Il)al are ui)usual or outside the normal course of bu,$iness. We also commuiii¢ated ielevant id¢nlified laws and regii12c lions and potential fvaiid i'isks to all engageent leani members aiid significaiit compoi)enl audit teams, attd remained alert lo any indications of fraud or noncompliaiice with Ip4WS and I'egulations throughout Ilie audit. A rtI)er description of our responsibilities for Ilie audit of the finai)cial slatemeiils is located on Ilie Financial Reporting Council's websit¢ al www.frc.org.uk/aiidilorsresponsibilities. This descriplioii forms part of oui. Report of tlie Independent Auditors.
Report of Ili¢ liidependent Aiidltors to the Trustees And Members of Roar and xplore Dalry Farm Ltd Use of our report Tl)is repoi'l is mad¢ solely to tlie charitable ¢ompany's meinbers, as a body, in a¢cordan¢e with Cliapter 3 of Part 16 of the Companies Act 2006. Oui. audit work has been undertaken so that w¢ might slate lo the chaiilable company's membels those matters we are required lo slal¢ to Iliein in an audiloiE' report and fL>r no other purpose. To Ilie fullest exlent pern)itted by law, we do not accept or asgume iesptsnsibility lo anyone other than the charitable company and the ¢haritsble company's members ic s a body, for our audit work, for this report, or for the opinions we have form¢d. Malachy MCG y {Senior Sla for and on behalf of M.B.Mc Gi Chartered Aceouiitaiits Siatulory Auditors RBihn)ore House 52 St Patricks Avenue Dowi)pati'ick Co. Down BT30 6DS toi udilor)