Repoi't of tlie Independeiit Auditoi's to the Trustees of Logos Miiilstj'les liitei'national Oplnlon We have audited the financial slalements of Logos Miiiislries Iiiternational (the 'charity') for the yeai- elided 31 Deceii)ber 2022 which comprise the Statement of Finaiicial Activicies, the Balai)ce Sheet aiid notes lo the financial slalements, including a sumniai'y of significant accounting policies. The financial iepoi'ting fi?mework that has been applied iii tlieir preparaiioii is applicable law and United Kingdom Accounting Slandai'ds (United Kingdoni Generally Accepted Accouiiting Practice). In oiir opinion the financial slaleii)ei)Is'. give a true and fail. view of tl)e state of the chai'ity's affairs at 31 De¢eiiibei' 2022 and of its ii)coining resoui'ces and application of I'esources, foi- the yeai. then ended. have been properly prepai-ed in accot'dance with United Kingdoin GeneL'ally Accepted Accounting Practice. and Iiave been prepai'ed in accoi'dance with Ilie requti'einents of the Charities Act (Nortlieri) Irelaiid) 2008. Basis foi. oplnlon We coiiducted oui. audit in accordance with International Standards on Auditing (UK) (ISAS (UK)) and applicable law. Our respoiisibilities uIidei' those staiidai'ds are further described in the Auditoi's, respoIisibilities foi. the audit of the financial stateineiits sectioii of oui- repoit. We are independent of the charity in accordance with tlie ethical i'equirements tliat are relevant to our audit of the finaiicial statenienls iii the UK, includii)g the FRC'S Ethical Standai'd, and we have fulfilled our oihei. ethical responsibilities in accordance with these I'equirenienls. We believe that tlie audit evidence we have obtained is sufficient ai)d appi-opi-iate to provide a basis foi. out. opinior). Conclusioils relating to going concern It) auditing tl)e financial slateinents, we l)ave cottcluded tlial the Iivstees, use of the goiiig concern basis of accountii)g in the preparation of the fiiiaiicial slalemeiils is appropriate. Based on the woi'k we have perfoi'nied, we have not identified any material uncertainties relating to eveiits or conditions that, individually or collectively, Inay cast significaiit doubt on the charity's ability lo coiilinue as a goiiig coi)cern for a pei'iod of at least twelve months from when the financial statements are autlioi'ised for issiie. Oiir responsibilities and the responsibilities of the Irllslees with i'espect to going concern are described in the relevant seccions of tl)is repoi'l. Other infoi'mation The trustees arc respoi)sible for the other iiifoi'ination. Th¢ other iiiforiiialioii ¢onipris¢s the ii)forn)ation iiicluded in the Annual Repoi't, other than the financial stateinenls and oui. Report of the Independent Aiiditoi-s thereon. Oiir opinion on the financial statements does not cover the othei. infoi'ination and, except lo the extent othei'wise explicitly stated ii) our report, we do i)ol expiess aiiy form of assui'ance conclusioi) Ihei'eoii. In connec¢ioi) with our audit of the fii)ancial stalemenls, oui. I'espoi)sibilily is lo i'cad Ilie oihei. infoi'malion aiid, in doing so, consider whether Ilie other inforniation is n)aterially incoi)sislent with the financial slalenienls or our knowledge obtaii)ed in tlie audit or otlieNiise appears lo be matci'ially Inisstaled. If we identify such material iiicoi)sis¢en¢ies oi. apparent matei'ial misstalemenls, we are i-equii'ed to delei'mine whether this gives i'ise lo a matei'ial inisstalemeiil in the financial stalenients themselves. If, based on the work we have pei'foi'i)ied, we coiiclude that thei'e is a material misslalemenl of Iliis other infonnation, we are requit'ed to i'epoi't that fact. We have nothing to repoi't in Iliis i'egard. Mattel's on ivhich we Al'e i'equired to i'epoi't by exception We have iiotliing lo report in respect of the following niattei's where tlie Charities (Accounts and Repoi'ls) Regulatioi)s (Northei-ii Ireland) 2015 1-equii.es us to i-eporl lo you if, in oui. opinioii.. the infori]]ation given in tlie Report of the Trustees is inconsisiei)t iii any material iespect with tlie financial statements. oi. sufficient accounting records liave not beeii kept. or the fii)ancial slatenienls are not iii agi-eement with the aCcolting recoi'ds aiid i'etui'ns. or we have not i'eceived all tlie iiiforillatioi) and explanations we i'equire for oui. audit. Page 7
Repoi't of tlie liidependent Audltoi's to the Ti'ustees of Logos Miiilstries Intei'national Responsibilities of trustees As explait]ed mol'e fully in Il)¢ Siatein¢nt of Tiiistees, Responsibilities, the tiuslees are I'esponsible for the pi'eparatioii of the financial stateiiients whicl) give a ti'ue and fail. view, ai)d foi. suclTr inleri)al coiiti'ol as the trustees deterniiiie is necessai'y lo enable Ili¢ prepai'ation of financial slatenients that al'e free froni illatei'ial misslatenient, whethei. due to fi'aud oi- eri'oi.. In preparing Ilie finaiicial slatemenls, the trustees are responsible for assessing the charity's ability to coiitiiiue as a going concei'n, disclosing, as applicable, Inatlers related to goiiig concei-n aiid using the going concei'n basis of accoiinting uiiless the liustees eithei. intend to liquidate Il)e chai'ity or to cease operalioiis, oi. liave no I'ealistic altei'nalive but to do so. Our i'esponsibilities for tlie audlt of the flnajicial statements We have been appointed as auditors undei. and repoi't in accoi'dance with the Act aiid relevant regulations made or haviiig effect Ihereundei-. Our objectives al'e lo obtain reasonable assurance about whethei. tlie financial statements as a whole al'e free from Inaterial misstatement, wlietli¢r diie lo fraud oi. ei'ror, and lo issue a Repoi'l of the liidependeiit Auditors that Éncludes our opiiiion. Reasoiiable assurance is a higli level of assurance, but is not a guarantee that ali audit conducted ii) accordaiice with ISAS (UK) will always dete¢l a iijalerial misslateineiil wheii it exists. Misslateinenls can arise froni fi'aud oi. ei'i-or and al'e considered n)atei'ial if, individually or in tlie aggiegate, they could reasonably be expected to iiiflueiice Il)e econoniic decisioI)s of usei's taken on the basis of these financial slaten)enls. The extent to which our procedures al'e capable of detecting li.relIa1.1ties, including fraud is detailed below.. Irregularities, including fraud, al'e instances of noii coinpliaiice with laws and regiilations. We design procedures iii line with oui. I'espoiisibilities, outlined above, to detect matei'ial niisslatemei)ts in I'espect of irregularities, including fi'aud. However, the primaiy i'esponsibility foi. the pi'eveiition and d¢teclion of fraud rests both witli diose chai-ged with govei'I)ance of the Charity and management. The extent to which our procedw'es are capable of detecting irregularities, including fraud is detailed below. As pai'l of an audit in accordaiice with ISAS (UK), we exei'cise professional judgnient and maintain professional scepticisni tliroughout the audit. we also.. Identify and assess the risks of Inalerial misslalement of the financial statements, whether due to fi'aud oi. ei'roi., desigii and perform audit procediii'es i'esponsive lo tliose risks, and obtain audit evidence Ilial is sufficieiit and appropriate to provide a basis for our opiiiion. The risk of not detectiiig a matei-ial Inisslaleiiient iesulting froni fraud is higher thali foi. one i'esulting froin ei-ror, as fraud may involve collusioii,foi'gery, iiiteiilioiial oiiiissions, misiepi'¢s¢nlations, or Ili¢ overi'ide of internal control. Obtain an understanding of intei'nal coiilrol relevant to the aiidit in ordei. lo desigii audit procedures that al'e appi'opriate in the ¢ircumslances, but not for the purpose of expressiiig an opinioi) ot) the effectiveness of the internal control. Evaluate the appi'opriateness of accountiiig policies used and 11)e reasonableness of accountiiig estimates and i'elaled disclosures made by tlie dii'ectors. Page 8
Repoi't of the Independent Auditol's to the Ti'ustees of Logos Miilisti'ies Intei'iiational Coiiclude 011 the appropriateness of the Ii-ustees use of the going concei'n basis of accoui)ting ai)d, based on the audit evidence obtained, wliethei. a material uiicerlainty exists related lo events oi. coiiditions that may cast significaiil doiibt oti the eonipany's ability lo contiiiiie as a going concern. If we conclude that a niaterial uiicertainty exists, we are requii'ed to draw attention iii oui. auditot s report lo the related disclosures in the financial statements or, if such disclosurcs are inadequate, lo modify olli. opinion. Our coiiclusions ale based on the audit evidence obiaii)ed up to the dale of oui. auditor's repoi'l. However, futui'e events oi. coiiditioi)s iiiay cause the company lo cease to coiitiiiuc as a goiiig eoncei'n. Evaluate the overall pi'esenlalion, structure and content of tlie financial stateineiits, including the disclosures, and whethei. the financial slalemenls represent the underlying transactions and eveijls in a maiiiier that achieves fail. presentation. We commuiiicate with those chai'ged with govei'nance regarding, ainoiig other matters, the planned scope and tirning of the audit and significant audit findings, including any significant deficiencies ii) intei'nal control thai we idei)lify durijig oui. audit. A further description of oui. I'espoi)sibilities foi. Ilie audit of the financial slalemenls is locat¢d on the Fiiian¢ial Repoi-ting Council's website at www.frc.oi.g.uklauditoi.si.esponsibilities. This desci'iption forms pai't of our Report or the Independent Auditors. Use of our i'eport This i'epoi't is made solely to the chai'ity's trustees, as a body. in accordance with Our audit work has been undei-laken so that we might slate lo the charity's trustees those matters we are required to state to Ihein in an auditors, i'epoi-l and foi. no othei- pui'pose. To the fullest extei)t pei'niitted by law, we do iiot accept or assume responsibility to anyone other than the chai'ity aiid the charity's liiistees as a body, oi. r audit ork, for this i'epoi't, oi. for the opinions we liave fornied. Mcllveeii Howard Limited Slatulory Auditors Chartei-ed Accountants 169a Uppci. Newlownards Road Belfast BT4 3HZ Date.. Page 9