Drop Inn MiDlStries Limited IDdependeDt Auditor's Report to the Members of Drop Inn Ministries Limited Opinion We have audited the financial statements of Drop Inn Ministries Limited (Ihe 'charity') for the year ended 30 September 2023, which comprise the Statement of Financial Actlvllies, Baiance Sheet, Statemeni of C&sh Flows, and Notes to the Firtancia] Staiements, including a summtir! of signifi¢ant a¢¢ounring policies. The financi reporting framework that has been applied in their preparation is United Kingdotn A¢¢ounting Stsndards. cornprising Charities SORP - FRS 102 'The Financial Reporting Standard applic2ble in th¢ UK and Republic of Ireland. and applicable law (Uniied Kingdom Generally Accepted Aecounting Practice). In our opinion the financial $18tements.' give a true and fair vieiv of the state of the charity's affairs af at 30 September ?023 and of its incoming resources and application of resources, including its incorne 2nd expenditure, for the year then ended. have been properly prepared in accordan¢e with Unit¢d Kingdorn Generally Accepted Accounting Practice. and have been prepared in accordance with the requirements of the Companies Aci 2006. Basis for opinion W¢ Conducted our audit in accordance with Iniemaiional Standards on Auditing IUK) (ISAS (UK}l and applicable law. Our r¢5ponsibilities under those srandards are fi]rther de5crib¢d in the auditor responsibilities for the audit of the financial siatements section of our report. We are independent of th¢ Charity in accordance with the ethical requirements that are relevant to our audit of the financi statern¢nts in the UK, including the FRC'S Ethical Standard. and we have fu]filled our other ethi¢al resptsttsibilit1¢5 in accordance with these requirements. We believe that the audit ¢vid¢n¢¢ we have obtained 15 sufficient aJ]d appr(>priate to provide a basis for our optnion. Conelusions relatirtg to Eoing conteTII In auditing the financial statements, we have ¢on¢lud¢d that the lJustees use of the going concern b1$ of a¢counting in the preparation of the financial Statements is appTopriate. Based on the work we have perfomJe(L we hav¢ not id¢ntifi¢d any Materi uncertainties relating to events or condition$ that, individually or colleciively, may wl signEficant doubt on th¢ charity's ability to continue as a going concem for a period of at least twelve months from when the original fancial statement5 Ivere authorised for issue. Our responsibilities 2nd the respon5ibilitie5 of the trustees wiih respeci to going conceTn are d¢scribed tn the rel¢vant 5e¢¢ions of this report. Other information The trustees ar¢ respon5iblc for the other inforniation. The other inforniation ¢omprises the inforniaiion included in the annual r¢poQ other than the fmancid statements and our auditor'5 report thereon. Our opinion on the faTr¢Ial ststements does noi ¢ov¢r the other inforniation an excepi to the ¢xt¢Dt otherwise explicitly stated in our report we do not express any form of a55ufdnc¢ conclusion th¢r¢on. In conn¢¢tion with our audit of the rmanc1 statements. our responsibility is to read the other infomiation and, in doing so, nsider whether the other information is mat¢riaily inconsistent with the fmanciaj statements or our knowledg¢ obt3in¢d in th¢ audit or otherwise appears io be rnaieria]ly Fni5Stated. If we identify such Materi inconsisiencies or apparent material Tnisstatements. we required to detemiine M,h¢th¢r there is a materiaI misstatement LA the financia] 5t2tern¢nts or a mateTia] misstatemeni of the other inforniaiion. If. based on the work we have perfotmel we con¢lude that there is a materi misstaiemen( of this other infortnation, we 8Je required to report that facÉ. We have nothing to r¢port in this regard. Page 5
Drop Inn Ministries Limited Independent Auditor's Report to tbe Members of Drop Inn Ministries Limited Opinion on other matter prescribed by the Companie$ A¢t 2006 In OUT opinion. based on the Work undertaken in the ¢ourse of th¢ audil.. the infom?ation given in the Truste¢$' Report for the financiai Ye for Mthich the financial statements are prepared is consistent 7th the fmancial siatements" and the Trastees, Report been prepor¢d IT) a¢¢ordance wth applicable leg requirements. Matter5 on which we are required to report by exception In the light of our know,ledge and und¢15tanding of the charity and lis enviromnent obiain¢d in th¢ ¢ours¢ tsf the audit. we have nor identified material misstatements in the Trustees, Report. W¢ have nothing to report in respect of the following matter5 where the Companies Act 2006 requires us to report to you if. in our opinion.. adequate aceoyniing records have not been kept, or rebjrns ad¢quate for our audit have not been received from branches not visited by us. or the rman¢i statements are not in agreement with the accounting records and r¢ttllns' or ertain disclosures of tDJStees remuneration spccificd by laiv att not made,. or we hav¢ not received a]1 the infom)arion and explanatiOll5 we require for our audit. ResponsTbiliti£s of trustees As explain¢d more fully in the Statement of tstee$, r¢sponsibilities (set oui on page 3 and 41, the tnteeS are responsible for th¢ preparation of the financial statements and for being sat15fied that th¢y give a true and fair view. and for sueh int¢rnal ¢ontrol as the trustees determine is necessary tts ¢nabl¢ the prepation of financi statements that ar¢ fr¢¢ from material misstaiement. wh¢ther due to fraud or error. In preparing the f]nanci statements, the trust¢¢s arc responsible for assessing the charity's abilitv to continue a5 a going concern. disclosin& as applicable, mztteis related to going concem amd using the going toncem basis of a¢¢ounling unle55 the trustees either intend to liquidaie Ihe eharity or to ccas¢ operations. or have no reaiisiic aItemative but lo do so. Auditor responsibilities for the audit of the financial statements Our objectives are to obtain re&sonabl¢ assurance about whether the financia] statetnentS as a whtsle e free from material misstatemenL u,hether due to fraud or eor. and to issue an auditor's report that in¢lud¢s OUT opinion. Reasonable assurance is high level of assurance, but 15 not a guarantee that an audit conducted in accordance with ISAS (UK) will a]ways detect a material misstaiement when il exists. Misstatements can arise frorn fraud or cor and e considered material if, individua]ly or in the aggregate, th¢y could reasonably be expected io influ¢n¢e the cconomic decisions of users taken on the basis of these finamciai statements. The extent to which our procedur¢s are capable of detecting irregularitie5, inrluding fraud is detailed below.. Because of the inherent 1]l¢allonS of an audit. there is a risk that we not detect a]1 irregularities, including those leading io a mai¢ria] misstatement in the financia] statem¢nts or non-compliance with regulation. Thi5 rtsk in¢rease5 the more that ompliance with a law, OT regulation is r¢mov¢d from the events and transactions r¢fl¢¢t¢d in the financial statements. we will be less likely to b¢¢orne awwe of ujstances of non40mplian¢¢. The risk is a]so greater regarding irregulariti¢S ()QCUTTing due to fraud rath¢r than eor, as fraud involves int¢ntionaI conceaiment. forgery, collusion, omission or misr¢pre5¢ntaion. As p8rt of an audit in accordance with ISAS (UK). we exercise professional judgemeut and maintain profession scepticism throughout the audii. We a]so'.- Page 6
Drop Inn Ministries Limited Independent Auditor's Report to the Members of Drop Inn Ministries Limited Identify and asses5 the risks of Materi misstatement of the fmancial statements, whether due to fraud or error, design and perforni audit procedure responsive to ihtsse risks. and obtsin audit evidencc that 15 Sufficient and appropriate to provide basis for our opinion. The risk of not detecting a materia] misstatement resulting from fraud is high¢r than for one resulting from eor. as fraud may invlove collusion, forgery, intentional omissions. misrepresentations, or the override of internal control. Obtain an understanding of internal control relevant to the audit in order to design audit Procedures that are appropriate in the ¢ir¢umstan¢es, but not for the purpose of expressing an opinion on the effeciiveness of the intemal control. Eyaiuate the appropriateness of accouniing policies used and th¢ r¢&sonableness of accounting ¢stimates and r¢lateil disclosures made by the trustees. Conelude on the appropriateness of the trustees us¢ of the going ¢on¢¢m basis of accounting and, based on the audit evidence Oblned, whether a material un¢ertainity exis related to events or condiiions that may cast siwfi¢ant doubt on th¢ comparty's ability to ¢ontinu¢ as a going concern. If we conclude thai a maierial uncertainty exists, we ate required to draw an¢ntioD in OUT auditofs report to the related disclosures in the financial statements or, if such disc505wes are inadequate. to modify our opinion. Our conclusions are based the audit ¢vid¢n¢e obtaincd or, if such disclosures are inadequate. to modify out opinion. Our conrlu510115 are based on the audit evidence obtained up to the dai¢ of our auditovs r¢port. However, future events or conditions ma}, cause the company to cease 10 continue ls a going concern. Evaluate rhe overa]I present2tOT4 Structure and content of the financia] sthtements, including the disclosures, and ivh¢th¢f the finan¢iaI st8t¢Tn¢nts represent the underlying transactions atld events in a rnat]n¢r that achieve fair presentation. We communi¢ate those ¢hargcs goverance regarding, amojig oiher matters, the planfted scope and liming of th¢ audit and signifiGant audit findings. including any signifant deficiencies in intemal control that control id¢ntify during OUT audit. Ust of ovr report This report is made solely to the chatitabl¢ mpanY's tTU5tees. as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. 0 audit work has becn undertaken so that we might 51ate to the charity's trustees those matt¢rs we 3r¢ required statt to them am auditor's report and for no other purpose. To the fullest extent pennitted by laiv, we do not a¢cept or5 responsibiliry anyone other than the charitable company and its ITt¢¢5 as a body. for our audit work for this for the opinions have fornied. ¢n M¢G¢agh jS¢nior Statutory For and on b¢half of David Lyttle & Co Ltd. S tory Auditor Station House 46 Moleswortb Street Cookstown Co Tyrone BT80 8PA 17 July 2024 Page 7