NolKrf11250 Contents SIM International (UK) (A charllth company limited by ants• athl not havwty a sh•r• capltal) 11 14 SIM 15 SeThing in Mlsslon UK SIM IKfERNATIONAL {UK) REFERENCE AND ADMINISTrATNE DEfAILS FOR THE YEAR ENDED 30 SEPTEMBER 2025 September 2025 as f(kn: REGISTERED COIIPANY lallABER I￿112￿) CHARITY RE¢4STRATION NUMBER 219763 IEnglarwJ) TRUSTEES Mr5 A Selby, Interim Chalr. from 4&) AtMII 2025 Rev J W tw, ￿chaIr. ￿lItt 4th 2025 Dr C Reid MrNRJY(xrye Mr D B Thompson, Cochalr, 4th Pyll 2025 (resh3ned 2> Septantw 20251 Mry MerNJistu Wddeg8￿ (reg￿ 27th Noven*w 2025) REGISTERED OFFICE 8 TNst C(xwt His INOEPENDENT AUDrroRS BANKERS Bardays Bank PIC SE27 9DW S￿crroRS E(k¥ard Sdicit¢al LYOss<￿ral mls8ion. GTowlng and a SIM UK We wantto see a unTrled team ofnknkn in txoss-￿EturaI in SIM INTERNATIONAL (UK) (A Company Ilmited by guarantee. Mo: 611250) (Charity No: 219763) TRUSTEES. REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2025 We byant to see an othni(* xK4o-eCx¥￿1IY dlverse, Val￿￿Y T￿JS￿$, our vhder staff team other stake1V￿derS arNJ Wdlued this(xs. Several parts of the strategy biiTr3 tofftr and artt(yJate the exisbry work ¥￿ (k). but bri{¥ thls tnto dearer focjjs and exFwience in support of ¢)ur strategK al￿. Sift￿ laurthrKJ the strategy. we have seen prcgress Howwe are W0￿1n9 to achleve ourvlslon )rtd to th& gO￿j of Jews in many (Ilterent cxmtexts. We have twi abl8 to se￿1 finaKaal SUPFrfYt frc¥n UK a￿1 irthi(knl suFwt&5 to jr￿8￿ WLyec*s atLKmd ￿ v￿￿Id. This y8aT. a totsl of £419.116 {2024: £788,W4) vrds mission from the UK and hdp them a(*ieve their wal of rnakr￿ thxiF4es In the ere tw are w)b*lry. of our nmssion ￿rkerS are to share their fatih and nJ3ke Uwist k￿, we have workers vtho are partiDJlarfy fLv559J on hdFing to disdple t￿. thurth F4antir¥J and enoyJragSng them to shwe Ihwr failh. We ha￿ *rykers in E￿ath￿. FraThz. South Asia Ethiopia lJl8dkal Ml•slon ical ￿re has a%vays teen a $vJnIf*￿nt part of SIM'S a5 we seek to KXOVKle ￿re to people who [￿e In parts ofthe *Drld %ther8 healthcare is not eastiy a0xs&￿e to ￿m. Thls Ihrough missmjn wrrfkers and finaThial amj. VKKker5' rol&s I￿1￿1e those th are surwns. dcrfttert. nutses, physloth•. and d8ntlsts. all of are able ts) h8lp Mrtth thelr $￿al rEeds also sharrwJ rv4VS of ChrisL SIM INTERNATIONAL (UK) (A Company limited by guarantee. No: 611250) (Charity No: 219763) TRUSTEES. REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2025 Thwlogl(*l and appliLzble law. (kn re5F*)ns1)ilitl8S Ihose standarts desi￿d ￿ the Audltorfs responsibilitses fr*the amjit 0fr￿ financaal s*mefts of our r8kMXt. We arg ind8&￿￿￿t of Ilnancial statements In the Uniled KitW. ¥￿U￿1n9 the Fina￿1￿￿ ￿r￿lI,5 Ethlral our opknk)n. Concluslons relalng lo going concern us lo reF*yI to you vhwe." nw cast stgnifiLznt dcMJbt atyxrt th8 charitable cryan￿$ abtity to Lxjrthue to a&)pt the goiry Inth0￿j In the TNstees' Annu4 Repcrt ots than Ihe ffinwKial statements and our ￿lICna (UK) Is a Charity that ks a Prirte Lknited Cryryany by guarante& whlth . reglstered in ErylarKJ & W*s {tax￿qnY rrtNni*r. ￿611￿)). {tharfty numtw. 219763) arKI also England. C824 gPW. The 612024- 9) M￿rS ofthe dwrty L￿M￿lSe the Trusle8s. ACCOUNTING POUCIES (FRS 1021 {*tive 1 Jarnwy 2019) _ ICh*itles SORP (FRS 11r2)>, the Fin￿al R6portiro Slandard 4F￿1￿trAe rn ts UK arKI Rewbk of Irela[￿ (FRS 102). Ihe Ccrfrwni6s 2006 and the Charltss and Trust98 Investmwt (Scotland) Ad 2CQ5 8 of the C*arilies SIM IntematKm81 (UK) meets the ththStlon d a pj14￿ benefft entity FRS 102. Assets arKJ the ielevant acrwntiThJ wlty. 22 Fund aG¢¢Junllng FO11th￿ng the Tequirery￿ts of the slatw￿t F￿1c* al ts fwKls of SIM Intematlc¥)al (UK) have ovw the offmys ￿. arwj aminis￿l￿j suth fimds are dwg&l ag* fuThJ. The aim and use of ea 17- SIM INTERNATIONAL (UK) (A Company limlted by guarantee. No: 00611250) (Charity Ilo: 219763) NOTES TO THE FINANCIAL STATEldEKfs (COlrnNUED) FOR THE YEAR ENDED 30 SEiyfEMBER 2025 ACCOUPffiNG POUCIES (conknwd) D•signat•d Fund5 partiCLdar p￿[*3985. The am and use of each des*JatsJ ￿nd is set out in the notes to t (£1￿1110n$ a$Sts￿ated with the donat￿ rtem ha￿ Iirt Ihe Tec*pt 0f￿nomIC ten8fft from Ihe use of the ctsrity ofthe item Ss FvcthtAe and that L￿)e￿ bè rellatrAy. In aLXEvilan￿ vAth the Ctwities SORP (FRS 1021, the general v(lun* lim8 Is not recognTsed been n*de by the execut￿ls) to the d)arity thata rfLsInl￿tiCxJ wli I be made. orwhen a distslbution is received frcm the estate. R￿lpt of a Iw. in Yknle Lf in parL is ￿Y ￿sider&￿ probable when the aMo￿t can be Measur￿ reliaL4y. arvj ￿ dwity has ￿ T￿tifi￿ of the ex8￿￿S Intenti￿ to ff￿ke a thstrknrtim. Ifthe193acy is in ts form Of￿ asset otr*r than cash or an asset Ilsted on a r￿ri￿1 stcKk excha￿. is SLA¥¥t to the value ofthe assot being at40 to be relia￿ Th89Jr&J and thle to the asset has rA&s8d to lh8 rtsity. Vthwe 18gaci8s have b8en noffied the c*arity is aware of ts wtirrfj of ryctste, and the aiteria for Income reccgnitton have not been meL Ihen the lthjacy is a tTrated as a r￿ingent a￿t and disdosed rf matwial. reliably by the thartty, this is nomially upon notificajon of the interestpaid rx payabl8 by the Bank. DwtdeThls are orth th8 dividwbJ has been dedarwj aTrJ no11￿tion has b8en r￿￿ad d ofthe InVestr￿ tx¥Udk>. 2.5 Penslons of the charity. The dwge res￿ the aTh*)￿ts payat4e by the c*arity to the fund Indwr• ¥(kn￿nIStered fvTrJ. of deflned benefft Fenson Flans and other F(tst-empk)wt t￿effts are determln&J using luture sdary inueases. Th)rtalty rates and future F￿￿)n weases. Due to the oxnplexity of the valuation. the undeflww assiNTpIK￿ and the lcry-temi nthre of trE5e plws. suth estimat85 are subJ&X to *rxfKant ut#xtanty. Furlher detaAs we given in 22. -18- SIM INTERNATIONAL (UK) (A Company limited by guarantse. No." 00611250) (Charlty No: 219763) NOTES TO THE FINANCIAL STATEMENTS (COPfflNUED FOR THE YEAR ENDED 30 SEPTEIABER 2025 ACCOUIITING P¢XICIES (cofitirnwd) 2.6 Expondlttwe bBnefit to a IPard pwty. it is probaNe that a trarth of e(xmmic teneffts will be required in settlement and the arThJunt of the oblogati￿) can be rrwLred reliaW. Exp8ndtttJre is dasslfied by aco￿ty. Th& o)sts of eth ￿*vIty arg made ￿ of the tot* of dir&a casts shared costs. on the basbs ofllme 8penL and depr&*lon dwy8s alIc￿a￿l on the ￿rtic￿ of the as8et's use. date: 17 Tanglblg fixed ass•ts and d•wKlation indlc8t& thal the ranylry value ofany asset reLx)verable. Shortfalls betrhwn and eX[￿d]lure ￿)J￿l to all assets ￿lthin the gr￿￿. Depr8(la￿c￿ L8 atrat8SCaaHatedto￿l1te off the cxjst Off￿&￿ assets.18SS tw estimateii resldual value, overtsroxt*Aed usaful Ilves ￿ the frAkA￿￿j bases: Leasehold propety Office Eqiup￿t yea 25% (rwjucary balan(% basis) 19- SIM INTERNATIONAL (UK) (A Company limited by guarantse. No: 00611250) (Charlty No: 219763) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 AccouHfiNG POUCIES Al Intanglt4e fixed assets we irHtiaMy re¢cthd at o)st VAT *fiere apklk*)lel. A recoJnilion. undw cost rrrxlel. i￿a￿J￿￿e assets are n￿lTh1 at o)st less any accumulated 2.8 Oper*lng leases line basls over the lèase 2.9 Fryed Inv•slTr Fixed inveslments a form of bawc financi* N￿nt Aji fistad Inv8Stmwrts are Izrried at theirfairvaue. Ll*¥J trNes1￿ in wjuitles fi￿1 int￿t swili95 are all traded in quo ¢(¥n￿nieS are at bij PTi(*. The basls of fairvalu8 for qi￿j Invgsin￿ts is equiwdlent to market gains WKI losses are tthen to the Statem￿1 of Fjnandd AdNibes as they orise. Unrealised gains and losses ara (*ll￿lated as the differ￿ b9￿rn9n tha far Wdlue al tho year end and their gains duiirvj the yw. 2.9 CuThent Inveslm• purFX)ses. lfr*t have a mati¥ity date ￿ less than 12 frcyn the yew end. Proffts on sale of prom arKI Investi￿ are ry￿1ed to fv Statement of Flnandel Acllvltles on a rec8ivaAe basis. Investrne￿ ar8 In thè Balanc8 Sheet at thelr market value. and Z11 Del*ors 2.12 Cash at bank and In hand maturfty fTM)nts c* less from the dats of or of the deposit or similar SIM IKfERNATIONAL (UK) (A Company limlted by guaranteo. No; 00611250) {Charlty No: 219763) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 AccouKfTr4G POUCIES IcontlNnd) 2.13 Uabillllos and yovlskn Liabilities are reccwlwj when I￿1$ • otligalxxi at th? Balarn¥ sheet date a5 a re8U￿ ￿ a past e￿l it is ￿L￿at￿e Ihat a transfw be￿fft VAI be requireil in selt1en￿t. and the the anttcipates tt will pay lo setue thè debt or the ￿T￿nt il has re￿1V&￿ as wJvanc&J 2.14 Cortkngent I￿￿1110* a•Mts sten(8 will ¢Jnly t* l￿nfiThn￿t by the (Krxwrw or othervA* of urKertaln futwe events. not wthdly wilhin the (ontrc4 ofthe tharlty. Contln5Vrt li*Ailles also aiise in drr#Jm*nc8s vther8 8 exlstenc8 vill ¢￿ty by the cxXxTh￿ ￿ Oth8p￿lse ofun(wlakn futtwe events not I￿lY wilhin tho o)ntrol of the tharity. 2.15 FlTrandal Instrunwnts cknrfty (¥ty has financ4a as* arNJ firAvxaal liabi1Sks ofa klrd th81 ba￿fina￿aa1 subw]uenty [r￿s￿red at %t11￿￿t value Is thelr o)st thè exw11￿ of f￿ad ass9ts and InthJibb fixed assets wtii¢h are re(xyded at dep￿)3t￿l tis1￿1?1 In athlilion. Investments are re￿gnised at fw val￿. lh8 Ma￿et 4JlSt of investm￿ and their market value (t*irvJ fair value) are (ésc&wd In note 12. 2.16 Golng Gorw The ac£ounts have boen rry)ared on a ccdwn basis as the Tnj￿ee8 trAlr8ve that no material wKortainli8s exlst The hove tts￿￿ed tl* level of fiJTrJs herd and the I￿t of expe¢Aed income and exwwJilure fur the 12 rnrths fr[￿ ts dale of signtng accounts 8tatemw In aFWylng th8 ￿mp*S a(￿untI¥j kKdbies, ts threctrrfs are rg]LKad to make ju(kJements, eslimates and assunwtwxs In detemilnlng the carryirvJ wrKxmls of assets and liabililles. The factors that 8r8 w￿li￿ed to t* aFPlN3b￿. Lk* to the sutyedivity Invdvgj in mak -21- SIM INTERNATIONAL (UK) IA Company limited by guarantee. No: 00611250> (Charlty No: 219763) NOTES TO THE FINANCIAL STATEMEKrs {coKnNUED) FOR THE YEAR ENOED 30 SEPTEMBER 2025 2.18 TaxaUoTr ¢apltal galns ￿Ned the by Chapter 3 art 11 of the C0rrMti￿ Tax Ad2010 CY Seth1256 ofthe Taxatkm ofth8 CW8at48 Gakns Act 1w2. tott* ex￿1 ttwt such Ir￿T￿ or gains are aF91￿1 exdwely to d)arilabl6 wtrmxes. DONATIOIIS D￿ti￿S fr Missionaries 1.521 7.524 3,522,153 3.531.198 28516 37,376 359,761 425,653 DOnal1L￿ Mir#sty Unrestiided 253.015 253.016 2.498 288274 4(900 4.137,427 4.470.601 2024 DOnati(￿S for Missh)naries DMallc4)s for 3,222.488 3.222.488 523,457 197,935 197.935 Ministy Z31.456 231.456 231A56 3,943,880 175338 SIM INTERNATIONAL (UK) (A Company Ilmlted by guarantse. No: 00611250) (Charlty No: 219763) NOTES TO THE FINANCIAL STATEMENTS {COPlflNUED) FOR THE YEAR ENDED 30 SEPTEAIBER 2025 Totsl 2025 44.287 45.696 45, 89,963 Totsl Gain on repaYrn￿ of k> 1¥2,n4 1*2,774 SURPLUS FOR THE YEAR 2025 (Lossy Gain (m exch 1,710 12.644 <11.￿17) 13.848 710 AMorlisa￿0n of in*ible A8sets Cwating Lease Rentsls on 9]ulw￿l Curr&tt year AAJdilrKs' ranxrwalM)n (mG VAT)- axlit 21.5 20.1fKI 15P12 CuThent year A￿￿rt￿S. renxmrakn (inc VAT)- a￿￿11 SIM INTERNATIONAL (UK) (A Company lim)t•d by guarante•. No: 00611250) (Charlty No: 219763) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 Dire<* Support Total 2025 (nats n 2Q347 2.931.tA7 236.372 101. 3.032.120 236.372 387,924 669.576 261,929 MINsty 63S.892 194.561 IAL4xlisabon 67,368 4A63,3 224.561 4,587,921 4263.360 250.908 4614.268 Anatysis of ￿￿Tr(￿lUTe ty athlty- wlor ye (note 7) Cc6t of raising fuThJ8 21J24 21.924 Charltabl• aclmlkn: Missionary supwt Member cwe Ministy 3.032.988 286.115 326,893 76.717 3,109.705 286.115 343.942 764.376 235,869 17,049 25.572 51,144 184,725 50.525 170,482 4740.007 4.569.525 192.406 4761.931 servlng ove￿&7S In ts UIQ care induth the costs irKwrr&Y by the UK offic* in supwrb a mlswiary. The o)sts of SIM UK gJppc¥UTrJ wafic glotAI mlnlstries are Induded under Mlnlstrtes. thv costs (Jf wxfic SIM UK I￿aied5 uThJer Pr*s, aThl ￿ cA￿ts ruirred in sweathThJ the vision. Expenditure Fndudes £437.365 from ￿restrIc￿ funts {2024: £482.5721. £89,720 from designa nd5 (2024: £28.382), £4,087.184 (2W24: £4￿).9T4frThn reslrttsd fijnds £NIL (2024: £NIL) -24- SIM INTERNATIONAL (UK) (A Company limited by guarantse. No: 00611250) (Charity No: 219763) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 SUPPORT COSTS 12.539 23.710 24,gJO 1787 5.269 5.533 8.SXI 4,￿ 6,685 4,411 6,817 4,179 8.358 27,863 15.807 79.036 16.800 55.333 13,369 44,5e4 13.234 44.112 Offlcè ￿MinIstrat￿ln Finance 19,850 Total 26.347 1IX.053 67.366 250.908 Total 9.752 8,467 21,856 16,797 19.845 2.167 3251 1,882 2,822 4,857 3,733 4.410 6.￿1 21,871 5.644 40.739 14.571 48,569 11,198 37.327 13Z30 44,100 21.924 Finan 6.615 Total 21824 7&717 17.049 25,572 51,144 192.406 Total 2024 Current year AL)Jftors' remun8rakn (MCVAT). audit Prlor yur N￿lIc￿7ja1 (nc VAD_ at>Jli 15.912 Cuffent ￿ar ￿lIOrS. remun8rath)n Crt VAT)- awj 21,5￿) 20.1￿j Totsl 44.112 44,100 SIM INTERNATIONAL (UK) (A Company Ilmltod by guarantse. No: 00611250) (Charlty No: 219763) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 2024 Waps and salaries 534.163 55.216 59. 481.076 38.844 54,954 574,874 Tho average n￿rt￿Of pers￿ 8nwo5￿1 by the d￿rity year was as follcw•B: Man•jeff￿t MobHisat* 10 and Fensk4) was £247,32512024: £le￿.793). No Trustse l VAS 9MF4oy￿ the Five Tnjstees l Dtrectsjrs dawned £2.418 Bo¥d travel & (*rfng eypens6s in ts year (2024: £1,430). SIM IKfERNATIONAL (UK) (A Company limited by guarantse. No: 00611250) {Charfty No: 219763) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 10. TANG18LE FIXED ASSETS Fveehold At 1 Ckther 2024 621.733 14.446 8.335 6.402 644,514 14737 0,916 At 1 O¢*clw 2024 Charge frx tho year 24.870 12.435 4.401 209 15,148 At 30 Soptember 2tr25 4610 141 N•1 book vth At 30 S•ptembw 202S 7,511 fyM.775 At 30 Septwnbw 2024 596,863 10.045 3,613 610,521 The ch￿ was gSft&l a f1eetrb￿d Juty 2024 wlth ten￿ts in sltu under a Ilfetim8 tenants require eJxJJFWCy and formal Vdluation has bean gjught aThJ no value has b8en recryJnLwJ kn tlJ058 fmanti￿ statements. The proFwty was Valu￿ * th8 Om8 0ftr?￿fQr fof knSUran￿ rel￿1￿1 at £ 304.323. 11. INTANGIBLE FIXED ASSETS At 1 CK*(knr 2024 28.384 28,384 (28.384) {28.384) At 30 Sopt•nknr 2025 At 1 Odobef 2024 Charge frK thè On Dispjsas 26253 26.253 (26.253) (26.2531 At 30 &pt•nthr 2025 Not book valuo At 30 2025 Z131 2.131 SIM INTERNATIONAL (UK) (A Company limitod by guararrtee. No: 00611250) (Charlty No: 219763) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 12. 2024 Unllsted Inveslm 838,193 704.510 Inve51mwts Sales & mabJrlll8s lthreali¥ed gari I (loss) 30,655 57.438 158,069 At 30 S•pt•nl*r 2LY25 1.500.672 792,603 1304,076 1.630.796 £559,8% <2024: £559.896). 13. DEBTORS 2024 Due from Olher SIM offitss 236,120 120, 17,732 23,862 68,276 31.732 8.855 92,334 Mlssionaiies, Pers(￿￿ (see Th)te 171 201.197 1& CURRENT ASSET INVESTMEpirs 2024 Cash dep￿118 1279.1137 1,266,469 SIM INTERNATIONAL (UK) (A Company Ilmited by guarnntee. No: 006112 (Charlty No= 219763) NOTES TO THE FINANCIAL STATEMENTS (coKnMUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 15. CASH AT BANK AND Thl HAND 2025 2024 Cash In hw#J 91,950 148.495 1,489,638 1.63Q133 1& CIIEDITORS 2024 61.fA6 43.918 Du8 to other SIM offices Taxatlon & Sc(a* Other Cr&Jllors MIS￿narfe¥ PerscThl Fun(b (see 171 122,725 51,123 13,4S1 285.580 90218 14.395 182.627 28,2 Penskm DefKIt (see Th)ts 22} Pension D*ii (see rth 22) Balance atlhe begirnty of tho year 276.725 942.711 202.950 1.(￿5,171 1219.436 1,268.121 11.054.541) {991.￿} BalaTr￿ al tho Ond of the 164.895 276,ns Mlssicnaries, Pers(￿1 Fur¥ts- DdJtors- 13 (17,732) 182.627 (8,855) 285,580 Balan￿ at •nd dtho year 161895 27Q725 SIM INTERNATIONAL (UK) IA Company Ilmhed by guar3nt••. No= 00611250) (Charity No: 219763) NOTES TO THE FINANCIAL STATEMENTS (coKllNUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 18. STATEMEKf OF FUNDS STATEME1￿ OF FUNDS . CURREKf YEAR 2024 {expendlture} (lotses) Inl {outl 2025 G￿￿?1 fund Strategy fuTKS Asset fijnd 743,463 1.076,￿ 507,482 15225 1&8,C (3.C*)3) 913,694 1.076.022 492,333 {12.645) (2,SM) 1326.967 1580 15&565 (3m3) 2A82,049 (44.819) 761.973 D￿1 fund 193.645 18&015) 104.630 Restrfclod funds 8S9.972 599.774 328.181 {272,518) (17.237) 109.315 1.169.916 436,571 1.458,746 1,606,487 Tolal of fimds 4786,1 13.424 155.565 4W139 STATEMEKf OF FUNDS. PRIOR YEAR Incom• l GaIn￿ Transf￿ 30 Sgptember 2023 (•xF￿xIIturej (losses) Inl (0￿) 2024 General fund Stratsgy ftrxl A￿et (14.772) 57.438 247 743,463 1,076.022 S07,482 1.rxJ9.136 {14,55n 2231.n5 34,475 3.329 2.326.967 1>osignatgd funds Designated fv 82&388 (28.382) 6.786 Endowment fibnd D￿trI fuThJ 193.645 193.645 (91,7￿) (215.221) (38.123) 858.972 599,774 786,987 1,774832 (30&971) (10.115) 1h58,748 Total of 4029. (300.878) sr,438 4.786.150 SIM INTERNATIONAL (UK) IA Company Ilmlted by guarantoe. No: 00611250) {Charlty No: 219763) NOTES TO THE FINANCIAL STATEMEtrWS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 I& STATEMEKf OF FUNDS (contknwd) The A58et Is knV8st￿1 in f￿ed assets wwj wWip¥￿t and refi¢¢ts th8 not bc#Jk value of the Mlssion Mern￿ I￿ludeS £249.$93 (3)24.' £242.807) in resp￿* d dIsGret1c*￿ry charity makes to retlred FWS¢)nnel vtho beffft 1 Cktobw 1984 to aUg￿￿t partslons arKI ctharity aims to wound 6 of costs in th8 Gwwal Fund. The yw 8TrJ Ira￿ferS from PAsslonary SuFWt to the Prc4eds on v(￿￿￿￿al Trnithg for Women at Risk a￿1 Addidion R￿aY to SUFWt wclect exFWKltura. The £89.015 transfers fr(￿n Ihe hdd in profiect fvr¥Js the sw wrposes of Ihg Trinity Dental Cllnic aThd Training Centrg, Liteda. -31- SIM INTERNATIONAL {UK) (A Company Ilmlted by guarantse. No: 00611250) (Charlty No: 219763) NOTES TO THE FINANCIAL STATEMENTS (COKnNUED} FOR THE YEAR ENDED 30 SEPTEhlBER 2025 Fund8 Funds Fwmls T¢Aal Funds T8SYitAe FLYWJ Assets Inlangible Fix&J 1.7T5 601,775 1199,H6 79.246 (393.596) (4.8221 lo4.￿ 2,304.076 2.447.706 (393.596) 14.822} CuFfgnt Assets Current LFabililies g Temi Llat¥lld8s 761.973 1.￿.487 2A81049 761,973 1,606,487 104630 4,955,139 FuThls Funds Funds Fund8 Trtal Funds Tar¥Jible Fkxed Ass•ts Intangible Fixed Assets 810,$21 2.131 1.437.151 840,261 81x.71￿2 1.458.746 (563.09n 610.521 2.131 193.645 1.630.796 3.105,799 (563.097) Current ￿￿ets Cwrent Uabilttks L￿g Te￿ &tilities 1326,967 81R792 1A*746 193.645 4.786.150 RECONCIUATION OF NEf MOVE￿ IN FUNDS TO ￿T CASH FL(Y•V FROM OPERATING ACTMTIES 2024 Nat IlrAsy kKxrfne 168.989 (243.440) 15.148 (26.253) {158.(￿) 13.848 710 (57,438) {￿n) I loss on rnvestrrwts ActLWi81 (galnsy d￿n￿l t￿. (89.W) 1275,808) {86.355 (192,774) 383,195 (137.307) Demse l (InL¥ease) in debt￿5 lu8•d In) Opfdllw acllvl (452J12} (233,206) SIM INTERNATIONAL (UIQ (A Company lirnited by guarantsa. No: IJ0611250) (Charlty No: 219763) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEIABER 2025 21. ANALYSIS OF CHANGES IN NEf DEBT 30 Septsmber 2025 Cash at bank a￿1 in Cash de[￿118 matu[tr￿ < 12 nK 15 14 12 1,638.133 1.266.469 838.193 (868,194) 12.618 134,789) 769.939 1279.087 3,742,795 I￿1,36• 2.852A30 assets of tre frc¥n ttwo of th8 tharity in an Indwndenty the and anb)unted to £3,395 (2024: £4.930). cc￿li1xrtth totaillng £8,326 {2024: £1.633) the LM<. It is not for the to obtawi suffidart lnfCffl￿ to enabl8 tt to ac(£unt The charity has 1 maythr (2024 - 1) ￿ the s(*￿￿ and 1 {2024: 11. The A¢￿ingent Ilability has l)M thsdos￿ kn rel*ionlx)the liaLlltyon ts ments￿lea¥kng the srtherne. so9 note 24. The SC￿ is subjéct to Ihe fijnding legslalh)n ￿￿IlIned In the Penskffis Act 2rAM tame and Tethniral Acknrlal Standar(ts iswwl by th8 Fhwcial Re￿%￿1￿j C(xud. set (Art the F0tsnt￿￿ I￿tIe for other patbipatlng ernpk)ye￿ otllgakn rf IJy)5e wrpknyers are unabb8 to nrdoyers aTe1gJo1ty r￿￿red to m88t thetr shaTE of lh6 s(kn defiot C￿ an ar￿￿lty pwchase sho*Bd assets of£514.9m, fBbdittes of£531.Om a defidt of£16.1m. To eliminatethlsfunding schenw as foFlry•VS: Fr(m 1 A￿11 2025 to 31 Marth 2028: £2.1￿.(￿ per (payable TrK￿thty) SIM INTERNATIONAL (UK) (A Company Ilmlted by guarantoo. No: 00611250) (Charity No: 219763) NOTES TO THE FINANCIAL STATEMENTS (CONMNUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 From 1 2019 to 30 Sept￿rt￿ 2025: r3.311(IXJ (paya18 nThlNy) arrarwnent the UJMp￿tY re(£xJ)iws a liabilFty for this otrAigabon. The affK)unt recognised is n8t Ffesent vaiue of fv drfvit red￿￿On ￿lbul*￿ payat48 WKlor tha 4raem8nt that relates to de)IciL Th8 presentvalue is calculated using ts (AsuMnt rato detailed inttrwe dix40sures. 2025 2023 1.633 RECONCIUATION OF OPENING CLOSING PROVISIONS PrOvIsk￿ at start UnwindirvJ crf th& diso)Wbt (kntere￿ eypww) Deficit c￿lbul*￿ paid 1,633 (21 3951 85 10.IJ)5 6,345 217 (4.930) P￿$￿]n * the w¥J ofthe pwk¥J 8.326 1.633 INCOME A)ID EXPENDMJRE IMPACT 30 Soptththr 30 Septern￿r 21f25 2024 {21 10.(K>5 9,937 10,764 SIM INTERNATIONAL (UK) {A Company limited by guarnntee. No: IM1611250) (Chartty No: 219763) NOTES TO THE FINANCIAL STATEIIENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 2Z PENSION COMhirrMEiifs (contlnuod) ASSUMPTIONS 2025 2024 2023 % per •nnum Rats of di*))unt 4.3Yh 524% 5.88% DEFICIT COP4TRIBLrnONS SCFEDULE Yw Endng Year 1 Year 2 Year 3 Year 4 YearS-3) 4,930 1.752 whlth tt arises. ijsdosed note 16. At J) sept￿nt￿ 2025 ts Ctrwrty ￿ a IxmJrwt liatAIty in re[alk￿ b th8 def￿￿d benefft tharfty receivgj an estimat6 ofthe buy