Logos Mlnistries International
Statenient of Flnaiic121 Activities
foi. the year elided 31 Decenibei. 2022
2022
Total
fuiids
2021
Total
nds
Unreslricled
fund
Restricted
nd
Notes
INCOME AND ENDOWMINTS fROM
Donatioiis and legacies
331,629
69,410
401,039
366,354
Oilier ti-ading activities
Investmeiil income
1,810
270
102
102
Total
331,731
69,410
401,141
368,434
EXPENDITURE OIY
Raisiiig funds
12,389
Chai'itable activities
Charitable activities
335,936
75,019
410,955
415,163
Total
335,936
75,019
410,955
427,552
NET INCOMEI l{EXPENDITURE)
(4,205)
(5,609)
(9,814)
(59,118)
RECONCILIATION OF FUNDS
Total funds brought foward
509,842
14,313
624,155
683,273
TOTAL FUNDS CARRIED FORWARD
505,637
108,704
614,341
624,155
The notes foi'iii pai'l of these finaiicial stateillei)¢S
Page 10

Logos Ministries International
Balanee Slieet
31 December 2022
2022
2021
Notes
FIXEI D ASSETS
Tangible assets
14
304,587
318,266
CURRENT ASSEI TS
Debtoi
Cash al bank Èuid in liand
15
10,331
305,681
16,231
296,232
316,012
312,463
CREDITORS
Aniounts falling due witliin one yeai.
16
(6,258)
(6,574)
NEI T CURRENT ASSEI TS
309,754
305,889
TOTAL ASSII TS LESS CURRENT
LIABILITIES
614.341
624,155
NET ASSII TS
614,341
624,155
FUNDS
Uni'estricted funds
Restricted fi￿dS
18
505,637
108,704
509,842
114,313
TOTAL FUNDS
614,341
624,155
The
ial stalem¢nts were approved by the Boaixl of Trustees aiid autlioi'ised foi. issue
and were signed on its belialf by..
on
Tiust¢¢
The note5 foim P<lrt of these filli￿cIal sliilciDeiits
Pagell

Logos Mijiistries Intei'iiatiojial
Notes to the fi inancial Statelnents
foi- the yeai. elided 31 Decembei- 2022
GENERAL INFORMATION
Logos Miiiisti'ies Iiiternational is an evangelical organisation dei'ived froni a Declai'ation of Tiiist Deed dated 5
Oclobei. 1981 in the naine of 'The Yoiiih Evangelical Missionai'y Fellowship,.
Logos Miiiisti'ies li)¢ernational is a chai'ity registered in Noi'lhet'i) li'elaiid and has the charity nuinbei. NICI 04004.
The iegistered office address and pi'incipal place of business is Units 7&8 Bellsbridge Office Pai'k, Ladas Di'ive,
Belfast, B T6 9FH. The principal activity of the charity continued lo exists lo serve the Churcl), and their Iiiotto is
W¢ want the woi'ld to know Jesus
ACCOUNTING POLICIES
Basis of preparlng the financlal statements
The financial slalemeiils have been pi'epai'ed in accordance with the Chai'ilies SORP (FRS 102) 'Accounting aiid
Reporting by Charities.. Statement of Recomineiided Practice applicable io charities preparing theii. accouiits iii
accordance with the Fiijancial R¢portiiig Siandai'd applicable iii the UK and Republic of Ireland (FRS 102)
(effective l Januai'y 2019}', the Financial Staiidai'ds applicable in the UK and Republic of Ireland, and the
Cl)arities Act (Norihei'n Irelaiid) 2008.
Logos Ministries Iiitei'national meets the definition of a public benefit eiitity linder FRS 102. Assets and
liabilities are initially recognised at historical cost oi. transaction value unless othenvise slated iii the relevant
accoui)ting policy.
Income
All iiiconie is i'ecogiiiscd iii the Statement of Financial Activities once the eharity has eiititlemeiit lo Ilie fiinds, il
is probable that the inconie will be i'eceived and the amount can be measured ieliably.Gift aid claiins al'e
I'ecogiiised in the pei'iod to which t]iey relate.
Incoine tax r¢covei'able iii I'elation to iiivestsnent income is i'ecogiiised at the time the iiivestsnent inconie is
I'eceivable.
Expenditui'e
Expenditui'e is i'ecognised oiice Ihei'e is a legal oi. constructive obligation lo Iraiisfei. ecoiiomic beiiefit to a thii'd
pai'ty, it is pi'obable that a ti'ansfei. of ecoiiomic benefits will be required in settlement and Ilie amount of the
obligation cali be nieasured reliably. Expeiiditure is classified by activity. The costs of each activity are niade up
of the lolal of direct eosls and shai'ed costs, including suppoi't costs iiivolved iii undertaking each activity. Dii'ect
costs attributable Co a single activity are allocated dii'ectly to that activity. Shared costs which coiilribute lo more
than one activity and support costs whicli al-e not attributable lo a single activity are apportioned betweeii those
activities 011 a basis consistent with Ilie use of i'esourc¢s. Centi'al staff costs al'e allocated oil the basis of linie
spent, and depi'ecialion chai'ges allocated on the poition of the asset's use.
Expeiidittii'e on charitable aetivilies is incuried on dii-ectly iindei'taking the activities which fiiriher the chai'ity's
objectives, as well as any associated support costs.
All expenditui'e is ii)clusive of ii'recove12ble VAT.
liiterest receivable
Interest oil fiinds held oli deposit is incliided wheii receivable and the amount can be measured reliably by the
chai'ity; this is noi'mally upon iio¢ification of tl)e inteiest paid oi. payable by the iiislilution willi wl)oiM the funds
are dcposited.
Taiigible fixed assets
Taiigible fixed assets of £nil or more are capitalised aiid recogiiised wliei) futui-e econoniic bei)efits are probable
and the cost or valuc of the assets are measiired al cost less accuniiilaled depreciation and aiiy aceun)ulated
iinpaii-lnent losses. All costs incui'i'ed lo bl'ing a tangible f5xed asset ii)lo ils inleiided woi'king condition should
be iiicliided iii Ilie measiii-ement of cost.
Page 12
conliiiiied.

Logos Miiiisti'ies Intei'national
Notes to the finayicfial Statemen18 - contliiued
foi. tlie year ended 31 Decembei. 2022
ACCOUNTING POLICIES - contlnued
Tangible fixed assets
Depi'eciation is charged so as to allocate the cost of tangible fixed assets less their i'esidual value over their
estimated useful ecoiioiiiic lives, using both Ilie slraight-line niethod aiid on a reducing balance basis.
Depi'eciation is provided on the followiiig basis..
Freehold property
Plant and machinei'y
Motor vehicles
Fixtures aiid filliiigs
Office equipment
Straiglit liiie ov¢i' 50 yeai's
201/0 reducing balance
250/0 rediiciiig balaii¢¢
15010 reducing balance
200/0 Sti'aight liiie
The assets, i-esidual values, useful lives ai)d depi'eciacioii methods are reviewed and adjusted I'elrospectively if
appi'opi'iate, or if there is an indication of a signifi¢anl change since the last i-eporting dale.
Gains and losses on disposals are detei'5nined by coniparing the pi'oceeds with the cari'ying amount and are
I'ecognised in the Stateineiit of Financial Activities.
Taxatioii
The ehai'ity is exempt fi'oIii tax on its charitable 2CtiviÉies.
Fund accounting
General funds are uiiresiricled fuiids which are available foi. Iise at the disci-ecion of the Tiustees in furtherance of
the gei)ei'al objectives of the chai-ity and which have not been designated foi. other pui'poses.
Restricted ￿ndS are ￿ndS wliich al'e to be used in accordance with specific restrictions imposed by donoi's oi.
wliich have been raised by tlie charity foi. spccific purposes. The costs of i'aising and administei'ing such funds
al'e charged agaiiist the specific fund. The aim aiid use of each rests'icled fund is set out iii the notes lo the
fLnancial statements.
rnvestment iIicome, gains and losses are alloeat¢d lo the appi-opi'iate fuiid.
Pensions
The chai'ity opei'ales a defiiied conlribiition peiision scheine and the pension charge iepi'esenls Ilie aniouiits
payable by the charity to the fund in iespect of ilie year.
Going concern
Ai tlie linie of appi-oving the finaiicial statemeiils, Ilie Tiustees l)ave a reasonable expectation that Ilie charity has
adequate resoui'ces lo continue for Ilie foi'eseeable fiitui'e.
Piige 13
coiilinued...

Logos Mlnlstrles International
Notes to the fi iiianclal Statemeiits - eoi)linued
for the year ended 31 Deceinbei. 2022
MATERIAL ACCOUNTING ESTIMATEI S AND AREI AS OF JUDGEMENT
Esliinales and jiidgenienls al-e continually evaluated and al'e based on hislori¢al expei-ience and other factoi's,
includii)g expectations of fvttire events diat are believed lo be responsible under 11)e circumstances.
Material #ccountiiig estimates and assumptions
Tlie chai-ity makes estiinales and assumpiioiis concei'ning the fiittire. The I'esulting accounting estiinates and
assumptions will, by definition, seldoni equal the I'elated actual results. The esliniates and assuniplions that have
a significant risk of causing a niatei-ial adjustinent to the cai'i'ying aniounls of assets and liabilities within the i)exl
finaiicial year al'e discussed below.
Matei'ial Areas of judgement
In pi'eparing these financial stalenients, the Iwstees have had to make the following judgements.
Determine whether there al'e indicators of imp2irnieiit of the conipany's tangible assets. Factoi's takeii into
consideralioi) ii) l'eaching such a decision iiiclude the econoinic viability aiid expected futtJi'¢ fiiiancial
perfoi'mance of the asset whei'e it is a coinponent of a larger cash-geiieraling iiiiit, the viability and expected
futui'e perfoi'inance of that iinit.
Othei. Iiey sources of e5tiinatioii uiicertalnty
Tangible fsxed assets are depreciated ovei. Iheii. iisefiil lives taking iiito account residual values, where
appropi'iate. The actual lives if the assets and i'esidual values are assessed ailliually oiid may vai'y depeiiding on a
number of factoi's. In re-assessiiig asset lives, factors sucli as technological innovation, pi'oduct life cycles and
mair)tenan¢e pi'ogrammes al'e takeii into account. Residual value assessn)ents consider issues siich as future
market conditions, the remaiiiiiig life of the asset and projected disposal valiies.
DONATIONS AND LEGACIES
2022
Total
funds
2021
Total
runds
Ui)reslricted
funds
Restriclcd
flliids
Donations to general funds
Fai'iners - Myaninai.
Crisis Fuiid
Hong Kong & China Pi'oject
Mission Awareness Pi'ograinme
Myanmar Ministiy Pi'oject
Ovei-seas Ministi'y Fund
Youth & Schools Oiitreach
Kenya & East Africa Ministry Project
Mai)ipui' Iiivestinciit Pi'oje¢t
Java Projectiti)doiiesian Mission
Vielnain Initiative
Nepalese Project
Wherevei. Needed Most
BTM - Bible Teacliiiig Ministry
Pei'sonal Suppoi'l
Afghan Refugee Fund
Andamaii Ministiy Pi'oject
39,055
(i)
3,950
1,007
360
39,054
3,950
1,007
360
432
353
8,344
9,361
4,902
2,650
6,104
22,955
15,592
6,344
920
2,272
28,503
1,919
2,869
2,234
3,088
3,181
60
394
38,648
7,519
219,500
9,076
30
432
353
8,344
9,361
4,902
2,650
6,104
16,765
16,765
7,525
257,672
16,741
146
7,525
257,672
16,741
146
Carried forward
331,629
43,737
375,366
365,104
Page 14
coiitiiiiied.

Logos Miiilsti'les Intei'natioiiAI
Notes to tlie Finaiicial Stateinents continued
foi. the year elided 31 Deceinbei. 2022
DONATIONS AND LEGACIEI S- contlnued
2022
Total
funds
2021
Total
nds
Uni'estricled
funds
Restricted
funds
Bi'ought forward
Leadei'ship Seininar Spoiisoi'ship
Pakistan Flood Relief Fund
Uki-aine Relief Appeal
Philippines Initiative
331,629
43,737
375,366
365,104
1,250
13,343
12,315
15
13,343
12,315
15
331,629
69,410
401,039
366,354
OTHEI R TRADING ACTIVITIES
2022
Total
funds
2021
Total
funds
Unr¢stricl¢d
funds
Restricted
fuiids
Sale of books
1,810
INVESTME4 NT INCOME
2022
Total
nds
2021
Total
lids
Uni'estricted
funds
Restricted
fuiids
Deposit accouiit interest
102
102
270
RAISING FUNDS
Other ti'ading activities
2022
Total
nds
2021
Total
fijnds
Unrestricted
funds
Restricted
fuiids
Charity tradiiig cost of sales
12,389
Page 15
coiitiniied...

Logos Ministries Iiiternatiojial
Notes to the Financial Statements - eontiiiued
for the year ended 31 Decelnber 2022
CHARITABLE ACTIVITIES COSTS
Support
costs (see
note 9)
Charitable activities
410,955
SUPPORT COSTS
Managenient
Fii)aiice
Totals
Chai'ilable activities
407,946
3,009
410,955
Support costs, incliided in the above, are as follows..
2022
Charitable
activities
2021
Total
activities
Wages
Social security
Pensions
Water rates
Insui'ance
Light and heat
Telephone
Priiiting, postage & slalionery
Slliidi'ies
RepaiLS & maintcnaiice
Publishiiig & comniunicalions
Project costs
Con)puter expenses
Gifts
Hospitality and special events
Govei'nance costs
Other Support Fund Payments
Depreciation of tangible aiid lieritage assets
Loss on sale of tangible fixed assets
Iinpaii'ment losses foi. tangible fixed assets
Bank cliarges
201,944
9,071
3,838
325
2,599
8,429
2,51
969
1,660
6,190
14,084
98,231
7,199
560
425
4,992
26,399
18,520
167,361
6,382
3,015
279
2,100
4,368
1,638
836
342
6,059
5,985
56,006
3,650
1,400
203
5,827
25,756
18,574
3,928
99,118
2,336
3,009
410,955
415,163
Page 16
continued...

Logos Miiiisti'ics liitern8tloiial
Notes to the Fiilancial Statemeiits - continued
for the year elided 31 Decenibe). 2022
io.
TRUSTEES, REMUNERA TION AND BENEFITS
There wei-e no Iiustees, reinunei'ation or othei. benefits for the year ended 31 Deceniber 2022 nor for the yeai.
ended 31 Deceniber 2021.
Ti'ustees, expenses
There wei'e no trustees, expenses paid for the yeai. ended 31 Decembei. 2022 nor foi. the year elided
31 Deceniber 2021.
STAFF COSTS
2022
2021
Wages and salai'ies
Social secui'ity costs
Othei. pension costs
201,944
9,071
3,838
167,361
6,382
3.015
214,853
176,758
The average nioi)thly iiui)Iber of einployees during the year was as follows..
2022
14
2021
Einployees
No eniployees received einoluinenls in excess of £60,000.
Page 17
coiitinued...

Logos Mijiisti-ies Intei'iiational
Notes to the Financial Statements - continued
for the year elided 31 Decemb¢i' 2022
12.
PROJECT EXPEI NSES
2022
Total
fiinds
2021
Total
funds
Unrestricted
funds
Resti'icted
fiinds
Farmers ~ Myaninar
Ci'isis Fuiid
Hong Kong & Cliii)a Project
Mission Awareness Pi'ograiDIMe
Myanmai. Miiiisliy Pi'oject
Overseas Ministi'y Fiind
Youth & Schools Outi'each
Keiiya & East Africa Ministry Project
Manipur liivestinents Pi'oject
Java Pi'ojecil Iiidoiiesian Mission
Nepalese Pi'oject
BTM_ Bible Teaching Ministry
Afghaii Refijgee Fui)d
Andan)an Ministiy Project
Open Dooi. Church Project
Staff Suppoi't
Leadership Seininai. Sponsorship
Pakistan Flood Relief
Soutli Sudan Project
Ukraine Refugee Appeal
Cents'al and Eastern Eui'opean
5,058
2,183
500
5,058
2.183
500
2.652
9,088
13,238
4,954
3,328
1,650
,4,448
200
10,503
14,550
546
200
4,918
5.739
7,210
500
1,445
17,225
2,652
9,088
13,238
4,954
2,192
5,185
1,000
2.409
200
2.158
3,500
500
300
5,693
750
3,328
1,650
4,448
200
10,503
14,550
546
200
4,918
6,000
1,500
12,315
400
6,000
1,500
12,315
400
25,762
72,469
98,231
56,006
13.
COMPAIL4TIVES FOR THE STATEMETrIT OF FI INANCIAL ACTIVITIES
Um-eslricted
fi￿d
Restricted
fund
Total
funds
INCOME AND ENDOWMENTS FROM
Donalioiis and legacies
287,446
78,908
366,354
Olhei. li'adiiig activities
Inveslmeiit incoiiie
1,810
270
1,810
270
Total
289,526
78,908
368,434
EXPENDITURE ON
Raising funds
12,389
12,389
Ch21'itable activities
Cliarilable activities
364,867
50,296
415,163
Total
377,256
50,296
427,552
NEIT INCOMEtl(EXPENDI'I'URE)
(87,730)
28.612
{59,118)
Page 18
coiilinued...

Logos Ministries International
Notes to tlie Fiiianeial StAteinents continued
for the year ended 31 Decembei. 2022
13.
COMPARATIVES FOR THE STATEI MENT OF FINANCIAL ACTIVITIES - continued
Uiwesli'icled
Rests'icted
fiind
fund
Total
fui)ds
Transfers between funds
(1,825)
1.825
Net movement in funds
(89,555)
30,437
(59,118)
RECONCILIATION OF FUNDS
Total funds brouglit foi'ward
As previously reported
Prior yeai- adjustment
493,890
105,507
83,876
577,766
105,507
As restated
599,397
83,876
683,273
TOTAL FUNDS CARRIED FORWARD
509,842
114,313
624,155
14.
TANGIBLE FIXED ASSETS
Fixtui'es
and
fittiiigs
Freehold
property
Plant and
Inachinery
COST
Ai l January 2022
Additions
426,470
2,710
44,374
479
At 31 Deceimber 2022
426,470
2,710
44,853
DEPRECIATION
At l Januaiy 2022
Cliai'ge for yeai.
136,470
8,529
2,556
39,966
734
At 31 Deceinbei. 2022
144,999
2,587
40,700
NET BOOI< VALUE
Ai 31 DeceiT)bei' 2022
281,471
123
4,153
Ai 31 Deceinbei. 2021
290,000
154
4,408
Page 19
coiitinued...

Log05 Miiiistrics Iiiternatlonal
Notes to tlie Financial Statements coiitliiued
foi. the year elided 31 Deeeinbe). 2022
14.
TANGIBLE FIXED ASSEI TS- continued
Motoi.
vel)icles
Computei.
equipnienl
Totals
COST
At l January 2022
Additions
26,060
28,326
4,362
527,940
4,841
Al 3 I Deceinber 2022
26,060
32,688
532.781
DEPRECIATION
At l January 2022
Chai'ge foi. yeai.
15,066
2,749
15,616
6,477
209,674
18,520
At 31 Deccinber 2022
17,815
22,093
228,194
NET BOOK VALUE
At 31 December 2022
8,245
10,595
304,587
At 31 December 2021
10,994
12,710
318,266
The net depi-ecialed cost of the chai'ity's freehold pi-operty totalling £281,471 is broadly eqiiivalent to its nel
market value and Ihei'efore an appi'opriate carrying value for ii)clusioii iii the financial statenients at 31 Decembei.
2022.
The Trustees considei. that legal title to all of the land and property coniprised iii the undei'lying deeds relating to
the vai'ious pi'opei'ties held al'e ultiniately held by the Tiiislees of the 1981 Tiust Deed and held iii the name of
individual Truscee as Tiustees of Logos Miiiistries Intei'national..
15.
DEI BTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022
2021
Othei. debtoi's
Prepayments
7,707
2,624
10,652
5,579
10,331
16,231
Page 20
coiitinued.

Logos Miiiistrie5 liiternatioiial
Notes to the Finaiicial Statemeiits - coiitiiiued
for tlle yeaR' ended 31 Deceniber 2022
16.
CREI DITORS: AMOUNTS FALLING DUE WITHIN ONE YEI AR
2022
2021
Oihei. ci-edilors
Accrtied expenses
856
5,402
669
5,905
C),258
6,574
17.
ANALYSIS OF NEI T ASSETS BETWEEN FUNDS
2022
Totsl
fiinds
2021
Total
funds
Um'esti'icled
fiiiid
Restricted
fiind
Fixed assets
Current assets
Current liabilities
296,602
215,293
(6,258)
7,985
100,719
304,587
316,012
(6,258)
318,266
312,463
(6,574)
505,637
108,704
614,341
624,155
18.
MOVEMENT IN FIUNDS
Nel
movement
in funds
At
31112122
At 111122
Uni'estrieted funds
Genei'al fund
509,842
(4,205)
505,637
Resti'icted funds
Resti'ictcd Fuiid
114,313
(5,609)
108,704
TOTAL FUNDS
624,155
(9,814)
614,341
Net nioven)ent in fuiids, included in the above al'e as follows..
Incoiniiig
i-esoui'ces
Resources
expended
Movement
in funds
Uiirestrlcted funds
General fi￿d
331,731
{335,936)
(4,205)
Restricted fuilds
Restricted Fund
69,410
(75,019)
(5,609)
TOTAL FUNDS
401,141
(410,955)
(9,814)
Page21
continued...

Logos Ministi'ies Intei'national
Notes to the FinAiieial Statements continiied
foi. the year eilded 31 Deeembei. 2022
18.
MOVEMEI NT IN FUNDS - continued
Coinpai'atives for ii)ovement in funds
Prior
year
adjustment
Nel
moveIiient
in fiinds
Ti'aiisfers
between
funds
At
31112121
Al 111121
Unrestricted funds
Geiiei'al fund
493,890
105,507
(87,730)
(1,825)
509,842
Restricted funds
Restricted Fuiid
83,876
28,612
1,825
114,313
TOTAL FUNDS
577,766
105,507
(59,118)
624,155
Coniparative net moveinent iii fuiids, included iii tlie above are as follows..
Incoming
i-esoui'ces
Resources
expelided
Movemeiit
in funds
Unre5ti'icted funds
Genei'al fiind
289,526
(377,256)
(87,730)
Resti'icted funds
Resti-icted Fund
78,908
(50,296)
28,612
TOTAL fuNDS
368,434
{427,552)
(59,118)
A cui'rent yeai. 12 inonths and prioi. yeai. 12 months combined positioii is as follows..
Prior
yeai.
adjustment
Net
nioveinent
in funds
Transfers
between
funds
At
31112122
At 111121
UIiresti'icted funds
General fund
493,890
105,507
(91,935)
(1,825)
505,637
Resti'lcted funds
Restricted Fuiid
83,876
23.003
1,825
108,704
TOTAL FUNDS
577,766
105,507
(68,932)
614,341
Pagc 22
conliiiiied.

Logos Mlnislries International
Notes to the Financial StAtements - continued
for tlie yeai. ended 31 Deceniber 2022
18.
MOVEMENT IN FUNDS - continued
A cui'i'enl year 12 Inonths and prior year 12 Inontl)s conibined net movenient in funds, included in tl)e above are
as follows..
Incoiniiig
resoui'ces
Resources
expeiided
Movement
in funds
Unrestricted funds
Genei'al fund
621,257
(713,192)
(91,935)
Restricted funds
Restricted Fund
148,318
(125,315)
23,003
TOTAL FUNDS
769,575
(838,507)
(68,932)
19.
EMPLOYEE BEI NEFIT OBLIGATIONS
The chai'ily operates a defined conli'ibutions peiision scheine. Tli¢ assets of the scheme al'e held sepai?tely from
those of the charity iii an independently adininistei'ed fund. The pei)sion cost chai-ge I'epresents conti'ibiitions
payable by the conipany to the fund aiid amouiited to £3,838 (2021.. £3,015). Conti'ibutions lolalling £856 (2021
..£669) were payable to the ftind at the balance sl)eet dale and are included in creditors.
20.
REI LA TII D PARTY TRANSACTIONS
Payinenls wei'e made lo Thonias and Yvonne Mcclean, LMI Co-Fouiidei'slMissioii Directors and foi'iner
Trustees of £26,399 (2021..£25,756). They al'e self employed and as with all LMI staff meinbei's, Iheii. payinents
are funded by donations that al'e included in pei'sonal support.
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