CIIAT¥RED ACCOUtITA¥TI YOUTH WORK ALLIANCE LTD COMPANY LIMITED BY GUARANTEE INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF YOUTH WORK ALLIANCE LTD ICOMPANY LIMITED BY GUARANTEE) YEAR ENDED 31 MARCH 2024 Pw9 Oplnloo We have audiid ihe financial slalemettis of Youih Work Allianc¢ Ltd (the 'charilablE cornpAny') for th¢ yr ¢nded 31¥1 Ma 2024 whlch CDmprlse thc Sw¢m¢N of Financial A¢iivilLes (including iOrne and cxpendilure ac¢ounl). th¢ BaJance Shcct, th¢ Slalement of Cath Flows and not to tl rinaneial Slai¢nnls, including a sununary of si8nifsearAI Accounting poli¢i•s. The finaKiil reportin8 framework tha¢ has been applied in their prepar#iion ig appli¢able law and unit Kingdom A¢¢ounlin8 S12nd8rds. including Financial Rcporiing Standard 102 The FlrtahcialReporlin8 Siandard applicable in ihe UK and Republic of Ireland (Unit¢d Kin8dom Generally Ai£q)l¢d Accounling Prncticel In our opinion Ihe financial slatllen¢s. 81ve 2 1rn¢ and falr vl¢w of rhe siste of ih¢ chartlable company's èffairs 1$ ai 3111 March 2024, and of its incomlng r(wurces and applt¢alion of resou¢8, including its in¢ome and txpendilur4 for thc ycar then ¢nded,. have been propcrty prcpared in accordan¢¢ with United Kin8dom Gen¥ally Accountin8 Praclice. and hav¢ b¢¢n pr¢pur¢d ITh arKordonc¢ with th¢ requirements of tbe Comp4ni¢s A¢t 2006. Ba81¥ for opiuo We conducted our audit in accordaTrce wlth lal¢maiional Standards on Auditin8 (UK)(ISAs(UK)) 4nd Èpplitahl¢ law. Our r¢sponsibiliiies under lIe 4tandaYds are furtlw des¢ribcd in the Auditor's rcsponsibililie$ for the audil of lh¢ fiThanci81 siaiements se¢lion of our report. We ar¢ indep¢nd¢nl OF th¢ charitable cthllpany in accoan(C with Ihe whical requirefftenis ihtt are levant tc our audit otihe financial teMentS in the UK, including the FRC'S Eihieal Standard, and w¢ have fulfilkd our other elICal respK)nsibllliies in accordAnce wilh ihese requirements. We believe thai ihc audit ¢VideI w• have obtained is wL¢lent and appToprial¢ lo provide a basis for oyr opinion. AlfrSe LISIIiJB 82fft X3910 NBK50 r623PB Td: ¥q(o)989031 1173 +44(Th12B9OJI Orn Tr1.. +44Co)2992607 V&Y: +4410)2g•900 i6J6 Tel44(0)aEl .. 4410)8yDI
Pag• 10 YOUTH WORK ALLIANCE LTD COMPANY LIMrrED BY GUARANTEE INDEPENDENT AUDITIXE REPORT TO THE MEMBERS OF YOVTH WORK ALLIANCE LTD (COMPANY UMITED BY GUARANTEE) (¢ondnv•dJ YEAR ENDEO 31 MARCH 2024 Cottcl¥sloDJ rnlallog to ylng tonceru In audttit)B the fInal41 llemen1S, we have ¢OnclUd that the INste¢s' use of lh¢ going coneern basis of acc¢uthln8 inthe preporatioD of the financial slatemenls Is appTopriii¢. Based on th¢ work we bave perforni¢d. we hav¢ no¢ identifLed aThy materi&l uncertainlies r¢Jating tc eveNls or wnditions thal, individwlly or ¢ollectively, may cast sisnificonl doubl on thc charity'8 ability to wnliThue as a going concern for a period of at Lea ¢wv• months from when th¢ fInClaI 8latem¢nls 8T¢ auihori5ed for i8sue. Our responsibllili¢s and the rtwusibililics of Ihc Iru51e¢5 Wlth rexpecl to 80iOB concem are des¢ribed in th¢ relevattt 6e¢iions of this report. Other IDforniadoD Th¢ other inf0rn1ation compris¢s the Infomiation in ihe report other than the flnan¢lil sla¢emenis Ind our audilor's report therein, Th¢ tnle¢S e r¢spon5ibl¢ for the other InfOall0 cont&1Th within the annuil r¢port. Our opinion on th¢ financial $lal¢m¢nts do¢s nol cover the oth¢r infornAtion and. ¢x¢¢pl lo ihe exlent othmvisc e%pli¢iily slald ill our rrfort, w¢ do not ¢xpress any form of Assurartce c(IlUSion Ihereon. Our r¢sponsibility lo ttad the olh¢r infornialion and, in doing so, consid wh¢the¥ ikne h¢r inforniation 1$ materially inconsistent with ihe fmancial slaiemen15 or r knowled8¢ aInj in the course of Ihc audit. or otherwise appears to be materially miss1¢d. If we identify rnal¢rial i[0$151erncit5 or ap11 rnaterial misstatements, we are required to determine whether ihi$ 8ives rise lo a maierial mi55tatem¢n¢ in Ihr fJnan¢ial *teMentS Ihemselvw. If. ba8cd on the work we have p¢rfomi¢d, we eonelude thai Ih¢r¢ 1$ a material rnisstate411¢nl of Ihis olher information, we 4re required lo report Ihal fael. We h8ve Iiotlun8 to reporl in ihis r¢g4rd. Oplnlons on olker matters pru¢rlb¢d by the C•mp•Dle$ A¢1 21J116 In our oplnlon, based on the work undertaken kn Ihe course of ¢be audit: ¢h¢ infOation 8iYen in the inbmees, rcport (incorporalins the direclors. report) for ih¢ flnaneial year lor which the filwla1 si•tem¢nls are prepar¢d Is conslslenl with ihe futsn¢ial statemen and th¢ direciors, report has been prepard ITh a¢¢ordanee with applicable le8al miuirements.
YOUTH WORK ALLIANCE LTD COMPANY UMITED BY GUARANTEE INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF YOUTH WORK ALLIANCE LTD (COMPANY LIMITED BY GUARANTEEI (¢onthu•dJ YEAR ENDED 31 MARCH 2024 Page 12 Exte4t to whtth th¢ Judll wa$ t•Idered upable of d0¢01 Irrogularltkl, lttcludlDg fraud We identify assess the risks of material mlsststNnenl of Ihc finarKial 3latem¢nls, whether duc lo fraud or efror, and then design and p¢rfonn Ihe audi( PTocedures r¢sponstv¢ (o fhosc risk4 iL¢ludin8 olrtaininB audil ¢vid¢TKe Ihat is suffi¢i¢nt and approwiate ¢0 providc a basis forouropinio In identifg and asses$in8 risks of m41erial Misstateme in respect of iryiariil¢s, hlUdIn8 frgud 4nd non4omplioThce withlows and regulaiions. we consth the folk)wing: The nature ol ihr indu51ry And sector, control environmenl and chaTiiy's financi81 results and Position: Rcsu118 of our wuiries of managem¢rt #Eout ilL¢iI own identifation Jnd SessMent of Ihe risks of irr¢8ularili. Any mètt¢r¥ w¢ id¢nlified having Obtain and reviewed lh¢ Charity's documentation of their poli¢1 and prwedweg relating to,. Ideniifyitt& evaluating And cornplyin8 with laws and T•IatIOnS and whether thcy were AwAre of 8ny inslances of non.compli&nce; Dete¢liTh8 and respoiiding lo lh¢ risks of fraud and whell*r they hav¢ knowl¢dg¢ of any aual. suspte44 or all¥tsd freud; 4TKI The internal controls establish lo miliyt¢ risks of fraud or non-cornpliae with lawa atKI regulatiOnS,' The matierg discussed amon8 th• iudit ¢ngagtmeM team re8ardin8 how and where fraud mighi OCCUT ib] the flnandal statanents and potential indicators of frwd. As a result of Ihese procedur¢4 wc Consider that the particvlarareai in the financial 81ai¢m¢n¢s ihal were sc¢plibl¢ lo mi¥Jtatcment w¢r¢ rclatcd to n]f+Trb2cment bias in 4ccounlin8 lm¢S and judgements; Tecosmition, d4S5ific4lton and complene$S of in¢ome. In conunon with all audits undcr ISAS (UK). w¢ ar¢ also required io perrorni Bpeeific proe¢dui43 to respond to ttK ri$k ofmana8emenl override. W¢ also ob18ined an unders1wlllg of (he legal and regulatory frameworks Ihal Iho Charity operai¢s in. focusing on provisions of those laws la re8ulalions Ihal had a direci effect on the d¢t¢nminalion or malerial Amovnts and di5Glosures in Iho funCIal slakments. The key laws and re8ulalion5 w¢ CorldEred in Ilu's ¢onl¢xl in¢lud¢d Charily legislation applitable to Nknhern Ireland, Charity's govemiThg (k)cume, ¢n]ployn¢nt law, healih al 5afetyand lax legi$lAti¢n. In addition, w¢ mnsider provisions of olhcr18ws and re8ulalionJ that do hAv¢ a dirKI ¢ffe¢l on the financial statements but compliancc wilh whith may bE 5mdan1al tv lh¢ Charily's abilLly operate or lo avoid a material penalty.
Page 11 YOLrrH WORK ALLIANCE LTD COMPANY LIMITED BY GUARANfEE INDEPENDENT AUDITORE REPORT TO THE MEMBERS OF YOUTH WORK ALLIANCE LTD (COMPANY LIMITED BY GUARANTEE) (¢on#mwdJ YEAR ENDED 31 MARCH 2024 Matttrs on whleb we ay• requlred to report by txcwllo In tho1É8hi of our knowledse and underslJndin8 of th¢ cl)aritable wmpany and ils ¢llViTonm¢nt oknained in the ¢ours¢ of audit, w• hv¢ nol identified rn4lerial mi88tat¢nwnts in the dir¢c¢ors' ryjort. Wc havg nbIng to report in respeet of thc following matters in l*ll0n lo which the Companies Acl 2006 requir¢8 US to Tcport to you if, in our opiniou". adequat¢ aKounliD8 rewrd$ Ive not been kept, or r¢¢iirns 4dequal¢ for our audii hAVC nol bee re¢eiv¢d from bron¢h¢8 not vi¥ited by us; or the financial slat¢ments nre nol in Agreement with the a¢¢ounling reeords and r¢lurns; or eertaln disclt)sures ofdireciors, r¢muner8lion splfi¢d by14w ar¢ not m8dv, or we have not receSvd all ih¢ information and ¢xplanalions we require for our audit: or th¢ Iruslees w¢T¢ no¢ entitled to pi¢par¢ th¢ fmAncial slalemenls in ac¢ordan¢e with lh¢ small Companies, regime aj lake Advaniage of the small companies, exemptions in preparin8 t direclors, report and from the requlremenl 10 prep8rc a strategic report. RespoDsibllitlES of trustees As explained more fully in th stal¢ment of dire¢tors' r¢sponsibililies get out on pages 7 And 8, th¢ int8 (who are also Ihe direclors of Ihe th8rilAble compofty for thc purpose of ¢ompany law) are Tesponsiblc fox Ilw prcpTdialion of thc finallcial 81¢mentS and for bein8 satisfied Ihal th¢y 8ive and Ie and fair vicw, and for Juch internal ronlrol as the irnslecs ddrrniinc LS ll¢L'essary to enablc Ihe prepaTalion of financial slalemenls that ar¢ free from mJl¢rial misstalement. wh¢ther du¢ to fraud or error. In preparing Ihe flnat5cio1 sta¢emen18, the Irusi¢48 ar¢ responsibl¢ for asses6ing the charilabl¢ wnpany's ability to ¢ontille a5 a goin8 cone¢m, dI1051n8, gs applicable, matlets relaled to 80in8 eonrern and using the 80in8 concern bASiS of accounlin8 unltsg ih¢ tsvstees witlLeT intend to liquidate Ihe dwiiablt ¢ompgny or to ¢ea5¢ oppration& or have no r¢alisli¢ aLl¢rnativ¢ but 10 do so. Aud£¢or'• re4>OnbIlItiel for th• audlt of tht flDan¢i#l gtatements Our d>j¢clives ire 10 obi8An reasonable a5SUtan¢¢ about whdher the financi2151al¢ment8 As a whole are free rroiTi maleTi41 missiaiemenl. wheiheT due lo frAud or error, and to issue an auditor's report Ihat includes our ¢)PiDion. Reasonablc assu[wi is a high level of assurance, bllt is rtol a guardnlce Ihal an audit wnducted in occOrd with ISAS (UK) will olway5 dell1 a m4twial misslalrment whcn il ¢xi51s. Mi5#aiements can arise from frvdud or error And are conSided material if. individually or in the a88re8at¢ ih¢y could reag)nably be ¢xpeECed i1e[e the e¢onorni¢ decisions of user8 tsken on the basis of Ih¢s¢ fmanGial stai¢menl$. trre8uiarili¢s. including fravd. are inslanc¢s of Lonvcomplian¢e wilh laws and regulations. We design procedures in lin¢ with our SpOnsIbl1111¢s, oullined above. to dete¢l material rnL5StaIe[jlS in respe¢t of Irreylarities, including fraud. The Splf1¢ procedures loi ihis ¢Thgag¢m¢rt and ihe ¢xtenl lo which these are capable of de¢tin8 iTh¢gularitiCS. tncluding fraud is dalled below:
YOUTH WORK ALLIANCE LTD COMPANY LIMITED BY GUARAKfEE INDEPENOENT AUDITOR'8 REPORT TO THE MEMBERS OF YOUTH WORK ALLIANCE LTD (COMPANY LIMITED BY GUARANTEE) YEAR ENDED 31 MARCH 2024 Pag• 13 Audit r¢spo#$e lo risky Identified: Our io rcspond to risks ldetttifd In¢lud¢ the followin8: Reviewing the fjnancial staiernenls disclosures and le8tin8 to supportin8 do¢Umration to as8¢ss compli*Kc with provisions of relevent law8 And regulatis)tu d¢5cribed a5 havin8 a diKcl Gffecl on Ihc finarKia] slatcmcn14 Enquiring of nwnJg¢tncnl wnceming actual atha potenLial liligailon and cloims. P¢rforniing an&lytieal proC¢du to ideIfy any uthusual or unexpe¢ted re141ionshlps Ihaf may Andicaie risk of maierial missiai¢ments due to fraud; RdIng minutes of meetings of tho6¢ ctharg¢d wilh governan and revi¢wing ¢orrespond¢ttce wilh lax aulhoriti¢S; ond In addre55ing the risk of frauql through managerneni overFid¢ ol conlrols, iesiin8 the approprial¢nes5 of joumal entries and other adjustments includin8 those relailny to revenue r¢co8niilon' Assessing whether the j4Jdgemcnts made in makinB a¢couniing cslimates are Indi¢atlve of polential bias; and ev&luaiing Ihe rttionak of pny Significant trans810n8 Ihal are large, unusual or ouiside normal cour8¢ tif Ihe charity's activiti¢8. We o1$ts communiled rekvani identifIed laws and r¢gulaiions and polenlial fraud risks 10 all ensagement tmms mcmb¢r¥ and r¢mained al¢rt to any indic19 of fraud or non4omplianee wlth laws aiid regullOnS throu¥houl the audil. Owing lo Ihe inherent limiialion3 of an audit, therc is an unavoidablc risk Ihal w¢ may not have delecid yomc malerigl mi3¥tAl¢m¢nt in the financial statements ¢v¢n Ihou8h we have properly planned and perfornled audit In aceonlance wilh audilinB siandards. lft additio as with any 2udil. thuc remai1 a higher risk of non-ddeclion of irregularilie4 35 ih¢y may Involve eollusion, for8ery, intcntlonal ornissions, misrepresenlation$, or the override of interTrAI controls, We are nol T¢sponsible for preveniin8 non-¢ompllan¢¢ And cannol be expected to deie¢l non.compliance wlih 411 laws and regulations. at furth¢r description of owr respoffjibililiu is ovailAb]e on the Financial Reporti CouA¢il's websile '.Ilw . This dcrIption fomu part of our alItar.S report.
Pago 14 YOUTH WORK ALLIANCE LTD COMPANY UMITED BY GUARANTEE INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF YOLrrH WORK ALUANCE LTD (COMPANY LIMITED BY GUARANTEE> (conthu•d) YEAR ENDED 31 MARCH 2024 Use of our report This r¢port is made solely 10 the dwilable company's member6, a body. in accorth with Chapter 3 of P8rt 16 of the Companieg Act 21J)6. Our &udil work has been undertaken so that w¢ ight stale to the charil¥ble cotnpany's m¢rsthm IkM)se m8tlers we ar¢ requir¢d lo slaie io Ihem in an udilor's Tep)rt and hr rto dher puryse. To Ihc lIest extent p¢miilt¢d by law, wc do not accept or assumc rcsponsibilily to anyon¢ olher Ihan lh¢ thhrilabl¢ ¢ompony and th¢ ¢hori14ble compony's members as a body, for ow audit worK for this r¢porL or for th¢ opinions w¢ hav¢ fomKd. gèl Moo CA (S¢olor Statlltory AudLloY) lor Ind on beb•lf of GMCG BelfASt Chirtered A¢¢ouut•ot$ StatOry Audlt•r Chartered Accountont3 & Stalutory Auditor Alfred House 19 Alfr¢d Sir¢el Belfasl BT2 8EQ