Londonderry Inn•r Clty Trusl Company Ilmii•d by guarani Ind•p•nd•nl audltor'g r•port lo th• m•mb•rn of Londond•rry Inn•r Clty Trust (conllnu•d) Y•ar •nd•d 31 Mareh 2023 Oplnlon We have audlted Ihe linancial slalemants ol Lormlonderry Inner Glty Trusl lor Iho year ended 31 March 2023 whtch Gomprfsa the Consoudaied Stalemont of Fln8nclal Actlvluas, Company Slaiem8nt of Finandal AGINIos. Consolldal•d Baknce Sheat, Con8olklaied Slatomant ol Cash Flows and nolas to the Ilnanclal statamonts. Includlw a summary ot slgniflcant accountlng pollcles. The IlnancW reportlng fram•w¢rk that has been applled In thelr pr•paratk)n Is appllcable law and UnEted Klngdom Accounllng Slandard8, Includlng FRS 102 Tho Flnandal Rewrtkig Standard aFplkable In th• UK and Republk ol Irgland Iunlled Klngdom Genoralty Accepled knountlry Pracllc•l. In our oplnlon, Iho Iancl 6tatemerts'. glve a tnJ8 and lalr vlew ol the state of the group's and the par•nt companys affalrs a8 at 31 March 2023 And ol the group loss lor Ihe year then •nd•d; have b•en prop•rly prepar•d In aOrdanC0 whh Unl1 Ilwdorn Generally Accept•d Accourtlng Pracik•; and have been prepared In accordance wllh Ihe roqulrements ol the Companloi AGI 2006. Ba0 lor Oplnlon We corKlucted our audtt In accordanc8 wllh Internaticbnal Standards on AudltlrYJ IUKI (ISIS {UKI) and apP1kab law. Our f88pon81bllltles under those stsndords are lurther described In Ihè audltorf8 respon8lbllltle8 for the audil ol tho Ilftanclal siatèmonts sectlon ol our roport. W8 are Independonl of Ihe company In accordanca wlth Iha ethlcal requlrements that are relovant to our audit ol tho Ilnanc581 statements In the UK. Includlrvj the FRC'S Ethlcal Slandafd, 8nd we have lullllled our other ethkal re¥pon8lblllles In accordance wlth Ih888 r8wlramenl8. We bellove Ihai audll gvldonc8 we have oixaSned18 SUtFkbnl and approprfate to provkle a basls for our Oplnlon. Conclu•lon• rnl•llng tp golng concwn In audltlng the IlnanGlal statements, we hava concluded that the dlreclors use ol th• golng concern basls 01 a¢couniing In the preparalk)n of tha flnanclal staloments Is apwowlate. Based on the work we have performed, we have nol Idenllfted any materfal uncertaIn8 r8latlw to 8venl8 or condluons that. Indwually or collecllvety, MAY cagt 81gnlf5cant doubt on tho companV8 ablllty lo eontlnue golng concom for a prlod ol all81 rnonths Irom •n Ihe IlnanGlal •talement8 aro authodfjed lor Issue. Our responsSblllli85 and the respon51blllles ol the dIrecto wlth respect to golng concam ar9 desNlbed in the relevant sedons of th18 reporL Oth•r Inforniion The olher Inlomiallon comprls8s Ihe inlomiallon Included in the annual report. oth8r Ihan the Ilnandal slatemants and our audllorfs r8port thereon. The dlfector6 are respcvwlble lof the other Infomiallon. Our oplnlon on the flnanclal statements does not covar Ihe other Inlormatlon and, except lo ihe exlellt oth8rw18e oxplleJtly staled In our rewrt, do not expr•ss ony form of a55uranc8 concluslon th8fBOn. In connectjon wlth our audlt ol tha flnanclal 5talements, our r85ponslbllliy Is lo r&ad tho Othèr Infomiatlon arKI, In dolng 80. conslaer whether Ihe other Informatlon l• rnaleflaly In¢on8wni the Ilnanclal giaiomenl¥ or our knoviodge obtatned In the audlt Of other80 appearn to bo maierfally mls6tated. If w8 IdenJty Such matarlal Incon8lslencles or apparent malerlal mls5tat8ments, we are requlrgd lo delermlne whether thotè Is a malerlal ml88tal8fflant In tha flnancial stalements or a materfal mi8slatem6nt ol other Inforniatlon. If. ba8od on the th we have performad, w• conclude that thore Is a rnatertal mEsstatemenl of th18 other Inlormatkjn. we requlred lo report that lacl. We have nothing to report In thls rooard.
Londondeffy Inner Clty Trust Company Ilmlknd by guaranla• Ind•p•nd•nt •udiior's r•part to Iho m•mhrn ol Londonderry Innar Clty Tfull (contlnu•d) Yoar •nd•d 31 March 2023 Mitt•rn on whlch w• •r• rnqulr•d to r•port by •XC•Pibn We have nothlng to report Sn r88pecl ol the lollowlNJ matters where the Companles Acl 2006 r8qulr88 us 10 report to yru W, In our oplnlon: adequale accountlng rac¢rdi have nol been kept, or retums adequate lor our audlt have not béan recefv•d from branches not vlsltad by us; or the flnanclal statements aro not In agreement wllh the aecountlng records and Ihe retum6; or certaln dlgclosures of dlreclorg, remuneraiion 8peclfled ty law a nol mado; or we have not re¢glved all the Inlormallon arKI gxplanatlon8 W8 rnqulr8 lor our audll: or the directors were not enlltied to prepare Ihe IlrtanGlal 3talement8 In accordance wlth Iho small companles reglmo and takg advanlaga ol tha small companlas, exempiions In preparfng iho dlrectors. raport and Irom Ihe requlremont to prepare a Blrat•glc rawi. R••pon•lbllltlM of dlr•clOrn AS eXpIn80 morè lumy In th• respon8lblllde8 Stat•ment, Iho dlrgclorB are rg4)0nslt8 lor the prepafatlon ol lh• ffnanclal statements and lor belThJ satlsflod that they give a true and falr 9w, and lor such Internal Conlrol as th8 dlreclorJ delemilne is necessary lo enable the preparailon ol Ilnanclal Btaiements that are Ire8 from rnateflal ml8Statemont, vtheiher due to fraud or arror. In preparing ihe Ilnanckql 8taiements, th• dlrectofs are responslble for a83838lNJ the companls ablllty to contlnue ag a golng cgncern, d18doslrv4, ay appllcable, matters ralaled lo golng concorn and ullng the yolng concern bas1$ ol accounllng unle58 the dlreclors ellher Inl?rKI lo Ilquldate the company or lo cease operaiions, or have rgallslSc ahernatlvo bui b do Jo. Aud110• r••pon•lbllltl•• lor lh• •udll ol Ihe flnanclal •l•l•menl# Our cblectfves are lo oblaln reasonable assurance about whether the Ilnanclal Alalemenls a8 a whole ar? Iree trom mal8rlal mlsslalement, whelher due to Iraud or eiror. arKI io188ue an audltorfs report thai Includ88 our oplnbn. Reasonaise a88uranc8 Is a hlghlovel ol assuraneo, but Is not a ouaran18a Ihat an audll conducted In accordanc8 wllh ISAS (UK) afvrnys detect a materlal mls8lal•rnenl when11 exlsts. M16Stai8rnents can arlse from Iraud or error and are con8ldeffjd malerlal If, IndI¥£ual1Y or In th• aggregate, they could reasonably be expected to Influ•rKe Iho oconomk dKl8lon$ ol uiors taken on tho basls ol thes• Ilnanclal staleffl8nt8. Irregularides, Includlng Iraud, aro In$tarbc•s ol non-compllanc8 whh laws and rogulatlons. Wa dajlgn procedur88 In Ilne with our r8sponslbllltles. oullSned above, to detecl malorlal m1551al8m8rrts In respe ol Irragularit5es, includ6ng fraud. The 8en1 10 which our pro¢odur88 are capatsle ol detecllng Irregularitlej, Includlng Iraud IB delall8d bdow: Identlfylnq and •8J•Mlng pol•nllal rliks r•lal•d to Irrngul•rltl•g In Identing and assesglng risks ol malerlal rnisstat8mem In respect of Irregularilles. includlng fraud and non-compNanca wlih lavuts and regulallons wo consklered the followlng: Ihe nalure ol the Irmlustry and sector and control anNrfronrngTrt tha leoal And ragulAlory IrArnawork Applie4bl•' tha ra4ults of our onqulrfas of mAnag•mant and olh•r k•y persons about thglr own thnllllcatlon and assessmani ol the r16k8 arKI trfegularltlgs the Charlty Own polklas and pnjcedufes on compHanc8 with laws ar regulallons Includlng ary Instanc•s of nOn<omF1nce Pago 8
Londondorry Innor Clty Trujt
Company Ilmiied by gu•rnnleo
Indepondent •udltoe8 rnPQrt io th• members ol
Londonderry Inner Clty TnNt (contlnu•d)
Year ended 31 M•Tch 2023
Audlt r•spon8• lo rl4k Id•niinad..
As a result ol pertormlng the abovo we Identtlled and perforniad the lollNlno procedures
anquiry of manag8manL those chargod wlth govemanca around actual arA wenllal IltkJatlon and clalrng.
anqulry ol enlty slaff In compllance lunclfong to identlfy any Instanc8s of non
Londond•rry Innw Clty Trusl Comp•ny Ilmllod by guaran1•& Ind8pMdènt •udltor'$ r•port lo the rnembors af Londonderry Inn•r Clty Tru (conllnuad) Year •nd•d 31 March 2023 UM ol our r•port ThlB report18 mad• sol•ty lo tha eompanli m•mb8r$, as a body, In accordance wllh Chapter 3 01 Part 16 01 Ihe Our audll VK*rk has been undertaken so that we mlght state to the companls members those matters we are requlred to stale lo them In an audtors report and lor no cther purpose. To Ihe lupesl oxl8nt permtttod by law, wa do not accept or assume responslbllity to anyone other than Ihe company and Ihe company5 member8 as a body. for aur audll vmrk. lor th13 repDrt, or lor th• oplnlons w• havo formed. Canor McAteer (Sonlor Staiulory Audltorl For and on behall of Fèrau5 McAteer & Co., Statutory Auditor Chartered Accounian18 and Reglsiered Audllors 31133 Clar•ndon Street Darry BT48 7ER 2 2 JUN 2023 22 June 2023 Pago 10