Report of the Independent Audltors to the Trustees and Member5 of
Roar and Explore Dalry Farm Ltd
Opinlon
We have audited the financxal statements of Roar and Explore Dairy FaTm Ltd (the '¢harAtable compan￿) for the year
ended 31 December 2023 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow
Statement and notes to the financial statements, in¢luding a swnmary of significant accounting policies. The financial
reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting
Standards (United Kingdom Generally A¢¢epted Accounting Practice), including Financial Reporting Standard 102 The
Financial Reporting Standard applicable in the UK and Republic of Ireland,.
In our opinion the financial statements:
give a true and fair view of the slate of the charitable companYs affairs as at 31 December 2023 and of its incoming
resources and appltcation of resources, ineluding ils income and expenditure, for the year then ended.
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice, in¢luding
Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland,.
and
have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS {UK)) and applicable law.
Our r¢sponsibAlities under those standards are further described in the Auditors, responsibilities for the audit of the
financial statements seclion of our rq)orl. We are independent of the charitable company in accordance with the ethical
requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical Standard,
and we have fulfilled our other ethical responsibilities in accordance with these requirements. We bel&¢ve that the audit
evidence we have obtained is sutTicient and appropriat¢ to provide a basis for our opinion.
Conclusions relatlng to going concern
In auditing the finaThcial statements, we have concluded that th¢ trustees, use of the going concern basis of accounting in
the preparation of the financial statements is appropriate.
Based on tbe work we have performed, we have not identified any material un¢ertainties relatlng to events or conditions
that. xndtvidually or collectively, may cast Si8nifLcant doubt on the charitable compangs ability to ¢ontinue as a gotng
concern for a period of at least twelve months from when the fmancial statemenls are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant
sections of this report.
Other informatlon
The trnstees are responsible for the other inforniation. The other infornMtion comprises the inforniation included in the
Annual Report, other than the flnancial statements and our Report of th¢ Independent Auditors thereon.
Our opinion on the fAnan¢ial statements does not Cover the other infonnation and, except to the extent otherwise
explicitly stated in our report, w¢ do not express any form of assurance ¢on¢lusion thereon.
In connection with our audit of the financial statements. our responsibility is to read the other information and, in doing
so, Consider whether the other information is materially inconsistent with the financial statements or our knowledge
obtained in the audit or othenvise appears to be materially misstaled. If we identify such material inconsistencies or
apparent material rnisslatements, we are required to detem)ine whether this gives rise to a material misstatement in the
financial statements th¢ms¢lves. If, based on th¢ work we have perfornied, we conclude that there is a material
misstatement of this other infom)ation. w¢ are required to report that fact. We have nothing to report in this regard.
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
the infonnation given in the Report of the Trustees for th¢ financial year for which the financial statements are
prepared is consistent with the finan¢ial statements; and
the Report of the Tn￿teeS has been prepared in accordance with applicable legal r¢quirements.

Report of the Independent Auditors to the Trustees and Memb¢r$ of
Roar and Explore Dairy Farm Ltd
MA¢ters on which we are requlred to report by exeeptfion
In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of
the audit, we have not identified material misstatements in the Report of the Trustees.
We have nothing to report in respect of the following matters where the Companies Act 2006 requlres us to report to you
if, in our opinion:
adequate accounting records have not been kept or returns 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 trustees, remuneration specified by law are not made. or
we have not received all the infonnation and explanations we require for our audit. or
the trustees were not entitled to take advantage of the small companies exemption from the requirement to prepa￿ a
Strategic Report or in preparing the Report of the Trust¢¢s.
Respon$ibilitles of trustees
As explained more fully in the Statement of T￿￿tees, Responsibilities, the trustees (who are also the directors of the
charitable company for the purposes of company law) are responsible for the preparation of the financial statements and
for being satisfi¢d that they give a true and fair vtew. and for such itttemal Control as the trustees detem]ine is necessary
to enable the preparation of financial statements that are free from material misstatement, wh¢th¢r due to fraud or error.
In preparing the financial slatemenls, the trustees are responsible for assessing the charitable company's ability to
continue as a going concern, disclosing, as applicable, matters relaled to going concern and using the going concem
basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have
no realisti¢ alternative but to do so.

Report ofthe llldtpendent Audltors to the Trustees and Member8 of
Roar and Explore Dalry Farm Ltd
Our respon$lblllties for the audit of the Ilnan¢lal 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 a Report of the Independent Auditors that includes our
opinion. Reasonable assurance is a high level of assurance. but is not a guarantee that an audit conducted in accordance
with 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 de¢isions of users taken on the basis of these financial ststements.
The extent to which our procedures are Capable of detecting irregularities, including fraud is detailed below..
The following are required to be Considered..
- the nature of the industy and sector, control environment and entity perforn)ance'
results of our enquir¢s of management, about their own identification and assessment of the risks of irregularities.
review of company policies and procedures relating to..
identifying, evaluation and complying with laws and regulations and whether they are aware of instances of
noncompliance.
detecting and responding to the risks of fraud and whether they have any knowledge of aThy actual, suspected or alleged
the int¢mal controls established to mitigate risks of fraud or non-compliance with laws and regulation5'
the matters discussed among the audit engagement team and specific component audit teams regarding how and where
fraud might occur in the financial statements and any potential indicators of fraud.
Because of these procedures, we considered the opportunities and incentives that may exist within the organisalion for
fraud and identified the greatest potential for fraud is in relation to completeness of incomes, expenditure not being
applied in line with intended pury>oses and the calculation and payment of salaries. In common with all audits under
ISAS (UK), we are also required to p¢rfornL specific procedures to respond to th¢ risk of management override.
Audit response to risks identifi¢d.
The current audit is conducted with professional scepticism using procedures that are in a¢¢ordance with International
Standards on Auditing.
In responding to the identified key audit matters above we obtsined an understanding of the charity's obj¢cliv¢s and
income streams together with the salary calculation and processing proc¢ss, we perfornled enquires of management and
insp¢¢t¢d relevant documents and calculations, verifying incomes and expenditures, assessing the Completeness and
accuracy of disclosures withtn the financial statements and con¢urred the figures were materially accurate.
In addition to the above, our procedures to respond to risks identified include the following:
reviewing the full financial statement disclosures and testing to supporting documentation to assess complian¢e with
provisions of relevant laws and regulations described as having a direct effe¢t on the financial slalements.
- enquiring of management concerns of actual and potential litigation and claims.
- performing analytical procedures to identify any unusual or unexpected relationships that may indicate risks of material
misslatemenl due to fraud.
- reading minutes of meetings of thos¢ charged with governance. and
in addressing the risk of fraud through management override of controls, testing the appropriateness of journal entries
and other adjustments. assessing whether the judgements made in making accounting estimates are indicative of a
potential bias. and evaluating the business rationale of any significant transactions ihat are unusual or outside the nornial
course of busines5.
We also communicated relevant identified laws and regulations and potential fraud risks to all engagement team
members and significant component audit teams, and remained alert lo any indications of fraud or noncompliance with
laws and regulations throughout the audit.
A further description of our responsibiltties for ihe audit of the financial slalements is located on the Financial Reporting
Council's website at www.frc.org.uklauditorsr¢sponsibiliti¢s. This description forms part of our Reporl of the
Independent Auditors.

Report of the Independent Auditors to the Trustees and Members of
Roar #lld Explore Dalry Farm Ltd
Use of our report
This report is made solely to the charitable ¢ompany's members. as a body. in accordance with Chapter 3 of Part 16 of
the Companies Act 2006. Our audit work has been undertaken so that we might state to the charltable company's
members those matters we are required lo slate to them in an auditors, 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 and the
charitsble company's members as a body, for ow audit work. for this r¢port. or for the opinions we have fonned.
Malachy
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lor Sta
for and on b
f ofM.B.Mc
Chartered Accountants
Statutory Auditors
Rathmore House
52 St Patricks Avenue
Downpatrick
Co. Down
BT30 6DS
lo
uditoi)
21 June 2024