Report of the Indepcndcnt Auditors to the Trustees of IA)g05 Ministries International W¢ hav¢ auditcd thc finanGial 51at¢iiiciiis uf Lu¥u¥ Miiii51ri¥s Intcrnational (the '¢hariryJ for the year ended 31 December 2023 which comprise the Statement of Financial Activities. the Balance Sheet and notes to the financial statements. including a sutnmary of significant x¢¢ounting policies. The financial reporting framework that has been applied in their preparation is applicable law Unilcd Kingdom Accounting Standards {United Kingdom Generally Accepted A¢eounting Vractice). IJJ vui vpiiiiuii dir fiJi*lllLidl sl¥Ents-. give a true and fair view of the slate of the charity's affairs at 31 December 2023 and of its incoming resources and application of resources, for the year then ended. li¢lV¢ b¥¢n prupvrly pirparcd in accordance with Uniied Kingdorn Generally Accepied Accounhng Practice- and have been prcpared in accordance with the requirements of the Charities Act (Northern Ireland) 2008. BASIS for opinion We conducted our audit in accordance with International Standards on Auditing (UK) {ISAs (UK)) and applicable law. Our responsibilities under th0¢ Standard5 llrc furthcr dcscribtd in thc Auditor5, rc5pon5ibiliti¢5 for th¢ audit of tlie flnancial siaiements seciion of our report. We are independent of the charity In accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our othcr ethical responsibilitics in accordance with these r¢quir¢meiits. We believe thal (he audit evidence we have obtait]ed is sufficient and appropriate to provide a basis for our opinion. Coiiclu510115 i-elatiiig Io ¥viiJ¥ Lviiirrji In auditino the financial slatetnellls. we have concluded that the trustees. use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have perfomed, we have not identified any material uncertainties relating to events nr conditions thst, individually or collectively, may cast significant doubt on th¢ Charity s ability to continue 8$ a going for a pcriod of at least twelve months frorn when the financial stsiements are authorised for issue. Our responsibilities and the resFK)nsibilities of the trustees with r¢spect to going Concern are describ¢d in the relcvant srutiuiis uf LIILS Irpvrt. Other information The irusiees are iestK)nsible for the other infomiation. The other inforn)alion comprises the Inforniation included in the Annual Repor¢ other than the financial statements and our Rew)rt of the Independent Auditors thereon. Our opinion on the financial statements does not cover the other inforniation and, exccpt to the extent otherwise explicitly stated in our repoTL we do not express any fomi of &s.4urnnce cnntlij.qinn thprpon In connection with our audit of the financial statements, our responsibility is to read the other inforniation and. in doing so, consider whether the other infomiation is materially inconsistent with the flnancial statements or our knowled(ye obtained in th¢ audit or othcrwi5e app¢aJs to br liJ4Llri ially lili55(¥. Ir wc idcntify such niaierial incon5isiencies or appaTenl material misstatements. we are required to detemine whether this gives rise lo a material misstatement in the financial stakments themselves. If, based on the work we hove perfomied, we ¢oncludc thot Ihcrc is a matcrial misstat¢m¢nt of this other information, wc arc rcquired to reEXJrt that fa¢t. We have nothing to report in this regard. M4ttcrs on which we Arc rcquircd to rcport by exception We have nothing to report in respeci of the following Matte where the Charities (Accounts and Reports) Regulations (Northern Ireland) 2015 requires u5 to report to you if, in our ()pinion.' the information given in the Report of thc Trustees is inconsistent in any material respect with the financial statements- or sufficient accounting records have nnt he.pn kppt: f)r thc financial statcmcnts are not in agr¢¢m¢tLt with the aGcountiJig recoids aiid iLIuiiLS- Uf we have noi received all the inlormalion and explanats.ons we require tor our audit. Page 7
Report ofthe IlldepeDdent Auditors to the Trustee5 of Logos Ministries International Responsibilities of trusteeB As rxpldiiird Iiiur¥ fully in thc Staiemeni of Thisiees. Resw>nsibiliiies, Ihe irusiees are responsible for the preparation of the financial statements which give a true and fair view, and for such internal control as the trustees determine ig necessary to enable the prepar*tion of financial statements that are free from material misstatcmcnl whether du¢ to riaud or crror. In preparing the fin2ncial statements. tFke trust¢¢s (we re5ponsiblc for a33¢33ing thr GFLarity's abtlity to continuc a5 a goin(y concem, diselosing. a5 applicable, matters related to going concern and using the .40in.g concern basis of accounting unless the tnistees either intend to liquidate the charity or to t$e operatinns. nr have. nn re.¥115tic alternative but to do so. Our responsibilities for the audit of the fRnancial stAtements We have becn appointed as audTtors undcr and re)rt in accordantt witli the Act and relevanl rcgulations made or having effect Ihereunder. Our objcctjVC3 arc to obtain rea5onabl¢ assurntLCC about wlictliei" tli¢ fiiiaiicial biaLrJiiciiL¥ as ¢1 whul¢ Itic frec frotn material misstatement, whether due lo trnud or error, and io issue a Report of the Independent Auditors that includes our (Jpinion. Reasonable assurxn¢e is a high level of assurdnce, but is not a Duarantee that an audit coiiducted in ar¢ordanc¢ with ISAS (UK) will always detect a malerial mi55tatcmcnt when it exists. MisststeJnents can arise from fraud or error and are ¢onsidered material if, individually or in the aggregate. they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial -tatements. The extent to which our procedures are ¢apable of detecting itregularities. including fraud 15 detailed below: Iriegularilitts, including frdud. are instsnces of non compliance with laws and regulations. We design procedure5 in line with our rcspon5ibilities, outlincd above. to detect material mi%ststements in respect of ]egularitIeS. tncluding fraud. However, the primary responsibility for the prevention and detection of fraud rests both with thos¢ charged with governan¢e of the Charity and manageTnenl. The extent to which our procedurcs are capable of detecting irregularities, includin% fraud is detailed below. A5 pan of an audit in accordance with ISAS (UK), we exercise professional .jud.gment and maintain protessional scepticism throughout the audit. we also: Ideniify and assess ihe risks of material misstatement of the financial ststements. whether due to fraud or error. design ai)d perforni audit procedures responsive to those risks, nhtsin aijdit evidence that IS sufficient and appropriate to provide A basis for our opinion. The risk of not detecting a matetial misstatemeiit resulting frotn frdud 15 higher than for one resulting from error, as fTaud may involve collusiotL forgery. intentional oinissions. tnisrepresenlations, or the override of internal control. Obtain an understanding of internal control relevant to ihe audit in order to design audit procedures that are appropriate in the circumstances. but not for the purpose of expressing an opinion on the effectiveness of the intcrnal control. Evaluate the approprialentrs: of accounting polici¢s uscd and thc rcasonablcncs3 of accounting estimatC5 and Iclatcd disclosures by thc directors. Page 8
Report of the IDdependenl Auditors to the Trustees of gos MiDisÉrie5 Int¢rna¢ional Conclude on the appropriaieness of the trustees use olthe going concern basis ot. accountinR and. based on the audit evidence obtained. whether a material llneertRinty e.xists re.laied to events or conditions that m*y eagt significant doubt on the charity's abtlity to continuc a3 a going n¢crn. If wc concludc that a niat¢i"ial uiiceitaiiily rxisL5. Wtt r¢quire to draw attcnlion in our auditor's report the related disclosures in the financial statements or, if such disc105ures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However. fvture events or conditions may ¢aus¢ thc company to ¢¢as¢ to continue &5 a soins eon¢¢rn. Evaluate the overall presentation. structure and content of the financial statements. including the di%clts%iirp4 and whether the finan¢ial statements repr¢s¢nt the underlying tran&ictions and cv¢nts in a manncr that achicvcs fair prcscntation. We communicate with those chxrged with governance regardin arnong other matters. Éhe planned scope and timing of the audit and significant audit findings. including any significant defi¢i¢nrics in internal control that we identify during our audit. A further description of our rcsponsibilities for the audit of the financial statem¢nts is located on the Financial Reponing Council's websiie ai wvn¥.fre.org.uklauditorsresponsibilities."I"his description torn)s part ot.our Report of the Independent Auditors. Use of our report This Teport is made solely to the charity's trusteLs. 85 a body. in accordance with section 65 of the Charities Act (Northem Jrelandl 2008. Our audit work has bccn undcrtak¢n 30 that wc might statc to thc chaiity's ttU5tces t1105¢ matters we are required to state them in an audiiors, rep)rt and for no other purwjse. "l o the fullest extent permitted by law. we do not accept or assume responsibility to anyone other than the charity and the charitys trustee5 as a body. for our audit work. for this TeporL or for the op ions we have fornied. Mcllveen Howard Limited Statutory Auditors Chartered Accountants 169a Upper Newtownards Koad Belfast BT4 3HZ Date: Page 9