THE LOGOS TRUST Annual Report and Financial Statements for the year I" September 2024 to 31" August 2025 Registered Charity No SC038264
THE LOGOS TRUST Index to Financial Statements Title Page No. Indcx Report of the Trustees Independent Examiner's Report Balance Sbeet Stat¢ffj¢nt of FinaDGial Activiti¢s Not to the Accounts Page l of9
THE LOGOS TRUST Report of the Trustees The trn5tees present tbeir rq with tbe financial slatell for the ye4rended 31° August 2025. The tnJste¢5 have adopted the provisions of Accounting atsl Repolling by Charities S¢atement of Reconllllended Practice applicable to cbaritie5 preparing their accounts in accordance with the Financial Reportll St8ndatd applicable in the UK and Republic of Ireland (FRS 102) (efftiVc l January 2019). OWECTIVE AND ACTIVITIES Objective aim5 The Charity's objectiycs are set out as follows: To promote the provision of 5cIMy)Is and educational faciliii¢5. To rclieve povety. the alleviation of hunger and dise&se the Republic of Cypnts and elsewh¢ ttjroughout th¢ world. To Eurther the work of an lll5titw of L¢2millg known as The iDgos Flucationai Institute. 2). 31. ACHIEVEMEf4T AND PERFORMANCE Charitable activities Fun¢ts during the fanCIal yc8r w¢rc contributed to thc fi]nding of pupils at the L£)gos Educational Institute in Cyprus io advance their learning and educational nce& These pupils would oihenvise noi be able to attend th¢ InsiiDJie due io fllwicÈAI constraints. FINANCLIL REVIEW Financial po$itioth During the peri(Ki the charity re)rted a deficit of £29.)3 (£50.751 sury)llls for 20241. At the balance sheet date th¢ charity had a swplus in funds of £292,491 (£321,495 at 2024), of which £292,491 were unrestricted and NIL were restricted funds. The assets of the Trust consist of all (lotIo$. oth¢r moDie5 and all interest eatlled. The TnL%tres have power to apply tbe Futtts in the allaimnent of the purFM)s¢ of th¢ Trust and in so far as any such income is noi ulilised in any one year. the tsvste¢s will retain it to be used in th¢ subsequent years. Investment policy Thc trnstces havc the >Wer to apply fLEn&s in such a manner as thcy tbiDk flt of for the benefit of any of th¢ Stated charitable objects orto inv&%t fUJS &$ perniitted by the TruMe¢ Aci 2(KX). Reserves polley The tsusiees have 6xamin¢d thc rcquiTsm¢nt for reseT¥e5 in th¢ light of the main tisks facing the charity. It is thc policy of THE LOGOS TRUST to rnaintain fi(L8 at a level wbich allows the cban.ty to operate in the light of unforeseencircumstsllces. The tneeS believethatthe level ofre5erves atth¢aKlof th¢ f¢11 accoullting petiod is adequate to ¢¢1 thi5 policy. PLANS FOR Fir PEIUODS The long-temi aspiiation of the Ttustees is to see the Logos S¢101 opuate from new premises, offering an excellent and modern educatiott experie¢. However, rnedium-rerm plans to continue upadItig refirbisbing the existing pren)ises to meet the compliance rcquircmcnts wtth statutory ttgulations. The progvdm of building improvement worf(s is to be unikEtsk¢n ovtr the llext few yeats as full allow. Page 2 of 9
TKE LOGOS TRUST Report of the Truslees (CoDtinued) STRUCTURE, GOVERNANCE AI¥D bIANAGEMENT Governing document Logos Trust UK was consfituted under Declaration ofTn]st on 24 May 1971. TheTn]stee5 shall hold the Trust Fwid ¢x¢lusiv¢ly for the chariiable purpose as set oui below. The chan.ly is gIs(Cred with the CILarity Cotnrni&%ioll und¢r Dumber 262771 and with OSCR undernumt¢r SC038264. Recruitment 2nd appointment of truste¢5 The Trnst elldeavorsto ¢nsur¢ that theTntee5 are from a variety Ofprofessio andbackgrounds. each bringing valuable experience io the management of the TnLSt. Appointll1 &% a Trw%t¢e is by invitation from the existing Trustees. Upon invitation the individual is provided with the opp)thmity to read the Declaraiion of Trtt to familLarLse thetn5elves with tbe r&SpOl11ltieS expeded from th¢mof holding thepost. As ]Lesary the Trust will seek guidance from qualified profe55iona15 and OSCR to enable thetn to fjjifki their responsibilities. Risk Mausgement The trllstees review thc major risks to the charity OD aD ougoing b&8is. SignifLCallt external risks are fL]llding aThd ewnditure. Proctdurc5 are in place toenslue compliancewith heaIth attd safetyre8utatiots88rtdsafeguarth.ng forvolunteer& lead¢rs aTKI trnstees. REFERELYCE AI¥D ADlINISTRATIvE DETAILS Registered Charity SC038264 Registered office 3 Carson Mews Bally¥owan Co Down BT23 5GA Trustees CP Clark¢ DM Woodside D McGuillan J Ross JWM Howe (Retired 3110812024) P Ross S Brow D Mcclea P Davison A EntWi5tlc N Agnew S Scammell G Love Page3 of9
THE LOGOS TRUST RepDrt oftht TTUStee5 (CoDtiDued) REPKRENC# AND ADMJPIISTRAIIVE DETAIts Bk$ Bankof Scoualld PO Box I0 BX2 ILB Idepea¢t EJarn J Roget5. FCA Ph¢l8ts & Pt¢s¢Nt Chartcrcd Acrountsnty Rivts Hou¥e Avetn Ncwry.C rJowD BT34 2DL AppLOv¢dbyot&roftBo1J0ITlsCl 2f May1016•Ddyw40ThitstaIrtsY MrDMWo•thlde-Trlllto* Onbeb•if•f¢knTtWStee50fTRF.LOGosiiiusr 41 P¥&[e
INDEPENDEIYT EXAMINER'S REPORT TO THE TRUSTEES OF THE LOGOS TRUST For the pcriod ¢ttded 31" August 2025 Independent Examiner's Report to the trustees OITHE LOGOS TRUST I report lo thc charity tsusiecs on my cxamination of the accounis of the charity for the accounting pcriod ended 30 Septernber 2025. Reswin5ibilitie5 XDd bjsis of report As the cban.ty tee5 of the Coll4>8lly you are TtswDsible forthe prqwatioll of thc accounts in aceordanee with the tern]s of tbe Charities andTntsiee (Scotlalld) Act 21M)5 and the C117¢& Accounts Hal'ing satisfL¢d myself that the a¢counts of the Company ate ttquired to be audikd under Part 16 of the 2006 Acl and areeiigible for Indep¢nd¢nt¢xaminatio I report in re4)ectof my examination ofyourcharity's accounts caTri¢d out under 5ectioD 145 of the Charities Act 2011 {'the 2011 ACV'I. In carying out tny exarnination I have followcA th¢ Directions Ven by the Charity COMMI0 section 145(5)(b) of the 2011 Act. Independent examiner's statement I bave completed my era]110ll. l u)nfirm that no m8tt¢TS hav¢ ¢ome tts Tny att¢)0# in ¢onneetion with the examination gtving me cause to believe.. accounting ordS w¢ kept in respect of the Company os Tequir&l by se¢tion 386 of tbe 21J)6 Act: or the accounts do not ac¢ord with those r¢cord5" Of the artounts do not Comply with th¢ accowiting requiremffllts of stiQll 396 of thc 2(NJ6 Act other thau any r¢quiremcnt ihat the accounts give a true and fair view which is not a mattu consideTcd as part of aa iThdyndent examination. or the a¢coutJts have not been prepared in accordance with the method8 and Priticiples of the StaiemeTht of Recommended Prdcii¢e foT accounting and rep¢ming by charities (applicable to charities preparing their accounts in e0rdance with the FiDancial Rejing Stsndsrd appitcable in the UK aDd Republic of Ireland (FRS1021). I have concerns alld have come DO other lljatten iti connection with the exan)ination to which aitention should be drawll in this reportinorderio ¢nabl¢ a proper uod¢rs*anding ofthe accourLts to bereaehed. ,'LL . P,J JeffRogers, FCA Chartered Accountant Phelan & Prescott Chartered AccouTLtant River House. HoEDe Avenue Newry. Co Down BT34 2DL Date.. 22 May 2026 Page 5of9
THE LOGOS TRUST Balance Sbeet xs at 31 August 2025 2025 FIXED ASSETS InvesimcDt5 (Notr 4) 61 24200] CLTRREYT A&SETS Cash ak BJThk athl in Iland si CURRFJ¥T LJABILrnES su ALLTrals £1 Nd CuTreTri Assets 74634 T11 As5 l¢M cyrTt Lknbllitte5 29U•i 311A95 FiryDS OF THE CIL4RITY UuT¢Jtsiried Fumds Rtstyitltd F#nds l.05) 292A91 NIL Tl1¥ li¢u0¢A w¢ apFe0 by the Iloard ¢tITLuS%S May ?Q26andwtre si8ned on ILS brty. S StAttwitU- Tn55e A EnrnYi5tle- TN$tee D McCleb Tnts(ce The part of fuwKial srarrments Pa8e6of9
THE LOGOS TRUST Statement of Financial Activities for the year ended 31 August 2025 2024 Unrttirk¢ty] R¢5trkityl T•tsi INCOME Donations and Legacies 144,028 6.750 150,778 111.585 Total Incom¢ £144,028 £6,750 £150,778 £111,585 EXPENDITURE Chariiable Aetivities Learning materials & &rémL¥ SLhoolwear Donalions 42,373 2,589 I.00 49.123 2.589 750 J06,750 44.984 SJ2 2.503 SppOrt Costs Management Trairring costs Travel Repairs Postage & stationary Sundri 3,912 3.912 3,930 646 IAform*tioD iechtstslo School 1nanagenre{ tySteoLg 22.475 32.475 6.167 GfjYernaDce costs ALcowitanLy & legalfe Lhorges 1.052 30 1.652 30 1.742 30 TrtalExpenses £173,031 £6,750 £179.781 £60.834 NET INCOMEI(EXPENDrruRE) (29.lJO3 (29,IK13) 50,751 RECONCILIATION OF Fill¥DS Total fund5 brought lonyard Ntt GAlllS oll iIivestments 321.494 321.494 270, 744 TOTAL FUf4DS CARRIED FORWARD £292A91 £292,491 £321,495 The Notes fonn part of tlry fIDK131 ststejnents Page 7of9
THE LOGOS TRL.ST Notss to the Financial Statements Note l- STATUTORY INFORMATION THE LOGOS TRUST 1$ a tn]54 registered in SeotlaTKL The Tw8t's rewed nuntherandtegistered addre&s can be fo within the Referee Adnjwistraiion Derails. Th¢ Accounting period is for th¢ year lo 31° August 2025 arKi ¢QD]parativ¢ figure5 are for the year to 31. Aug$t 2024. Note 2-AccouNfiNG POLICIES Bgsis ofprepaiing the finAD¢ial ststemeDts The fllwiciai statements of the charitable cotnP3ny, which 15 2 PLthtic bellefit entity under FRS IQ2. have been prepared io 2c£ofd3nce with the Charities SOBP (FRS 1021 "Accounting and Reporting by Charsties.. Statement of K¢wmmended Practi¢e appliG?ble to eh2Titi¢s pteparing their accouDts i accordance with the FInacIal Reporting St2Ddardappli¢able inthe UKaDdRepublic of Ireland IFRS 102) {effective l January 2015)-, FinatKiai Re[K>rt Stalldard 102 Yhe Finallcial Reporting Stand2rd applicable ID the UK and Republic of Ireland. alld the Cbatities atyj Trustee lllvestment (Scotland) Act 2005. The financial stsi¢mcnts hav¢ b¢¢n prcpared llnder the historical cost conveDtion, witb the exception of investments which are included at tnarket val. llleome All income is regnised in the Ststement of Financial Activities once the clwity has enttilement to the fiLnd5, it is probable that the iwome will be Tlved the awunt (an b¢ me&5ured Rliably. Expeoditwe Liabilxiies are recognised as expenditure as soon as there 15 a legal or co11stntive obligation cOll[Littlg the charity to the eXpeIllure, it is probable that a traDsfer of econo1¢ benefits will required in settlement alld tbe amounts and obligation cath be measured reliably. ExpendiwTC IS accowited foron a cash basis and has bcen classifled lln¢kT headings that aggregate ail costs related to Ihe tategory. Where costs caunot be attributed to particular headiugs they have been allocated to activities on a b&si5 consist¢ot with the w¢ of resources. Tgxation The Charity is exempt fro tLutioll oll its clharitsble xtiYiti&S. FuDd accountillg Unrestricted funiLs are available foruse at the discretion of the tr4¢C5 to fiuther any of the charity's purposes. Designaied futtds uDrestricted fjjtth eamiarked by the tswtees for particular futw¢ project or ¢ommittnettt. Re5tri¢ted fynds are subjected to r]lon5 on their ¢xpendttUTe de¢iared by the donor or through thc ternjs of an #p8[, and fall into one of two sub4lasses: restrieied illCA)me fittth or endowment fiEnds. Reaiised gaills I0e* There tLave been no realed gaitss or losses on AnvestsnenL8 during the yw. ote 3-TRUSTEES' REMUNERATION AI¥D BEI¥EFrrs No payments have been made to ally of the Trustees duriD8 the account PEriod to 31. August 2025 or in the previo$ accounting period othcr thaa to cover travel. Pa8e8of9
THE LOGOS TRUST Notes to the Financial Statements {CODtiDued) Note 4- FIXED A&SET INVESTMEF(rs 21125 2024 LEIT Invesiment 242.861 242,861 This iL)vestmenl is the share capitsj ID Logos Ed ItitUte Limi*d l(Kat¢d iD cypn. Note 5- RESERVES Restii¢ted Reserves Jna& up of restricted io¢ome le&8 associated extEThdiLure durillg the accounting period. Details of the make-up of balances on Resuictrd Reserves as at the Balan¢¢ Sheet date is as follows.'_ BIFTvd ExpewJdit¥r¢ Fund Transfer Unrestricted Restricted 321.497 144,028 6.750 (173.031) (&750) 292.491 £321,497 £IYl,778 179.781) £292,491 Page9of9