]EIIELIEASE <]tuir]L￿A
Annual Report
and
Financial Statements
Release Eritrea
Year ended 28th of February 2025
Charity Number: 1136627
Company Number: 06815078

Contents
Page
Legal and adminTstrative information
Page 1
Trustees, report
Page 2-6
Independent Examlner's report
Page 7
Statement of finanaal activities
Page 8
Balan￿ sheet
Page 9-10
Notes to the financiaL statements
Page 11-14

Rel&qse &itrna
(A company limited by guardntse)
Legal and administrative information
Registered Charity Number:
1136627
Company House Number:
6815078
Business Address:
152 Kirkham Street
London
SE18 2EN
Registered Office:
152 Kirkham Street
London
SE18 2EN
Director:
Director:
Dr. Berhane knelash
Selam Kidane
Board of Trustees:
Fecadu Abraha
Eyassu Ukbai
Selam Kidane
Selam Bahat Tesfamichael
Yohannes J Alula
Eyob Haile
Chair
Treasurer
Bankers:
Bardays Bank Plc
1 Northend
East Croydon
CRO 1TY
Page 1

Release Erftm (A company Llmlted by guarantee)
Trustees Report (Incorporatlng the Directors. Report)
Year ended 28 February 2025
The Trustees present their report and the financiaL statements for the year ended 28 February
2025. The Trustees, who are also directors of Release Eritrea (RE) for the Pu￿OseS of company law
and who *rved during the year up to the date of this report, are set out on the preceding pages.
Strncture. governance and management
Governlng Document
The Organization is a charitable company limited by guarantee, incorporated on 10 February 2009
and registered as a charity on 29 June 2010. The company was established under a Memorandum
of Association which estsblished the objects and powers of the charitable company and is govemed
under its Artides of Association. In the event of the company being wound up members are
required to contribute an amount not exceeding £1.
Recrultment and Appolntment of IAonasement Commlttee
The Board of Trustees of the company are also Charity Trustees for the purpo*s of Charity Law;
they receive no financial In￿ntIveS except what is eligible for a Trustee. The Operational Directors
manage the day to day activitles of the organisation, 5UPPOrted by a team of staff and volunteers
for each project. The charity has a Supporters Group that meets annually to receive the report of
activities and plan for the forthcomlng year.
Organlsatlonal Strncture
The Board of Trustees consist of Six peopLe all of Erftrean origin. They meet on a quarterly basis to
monitor the working progress of the organisation. Two members of the Board are also the
Operational Dirertors of the company responsibLe for the implementation and execution of the
action plan approved by the Board of Trustees. The responsibility for running the charity'5 activity
and ensuring the provision of services rests on the Operational Directors, and project team
managers. The OperationaL Directors are responsible for ensuring that the charity delivers the
ServI￿S specified and that key performance indicators are met.
Page 2

Release &itspa ( A Company Limited by guarantee)
Trustees Report (Incorporating the Directors. Report)
Year ended 28 February 2025
Objectlves and acdvltles
Kry objectlves
The objectives of the company are .'
1) The promotion of equality and diversity for the public benefrt by-
a) advancing education and raising awareness in equality and diversity;
b) activitES to foster understanding between people from diverse backgrounds.
c) cultivating a sentiment in favour of equaLity and diversity
2) The promotion of religious harmony for the benefit of the pubLic by educating the pubLic of
different religious beliefs, induding an awareness of their distinttive features and their common
ground to promote good relations between persons of different faith5;
3) The promotion of human rvJhts (as set out in th8 Universal Declaration of Human Rights and
subsequent United Nations conventions and declarations) throughout the world by all or any of the
following means:
a) Monitoring abuses of human rights;
b) Relieving need among the victims of human rights abuse;
c) Raising awareness of human rvJhts issues;
Release Eritrea continues to promote freedom of religious worship in Eritrea and supports victims
of such abuse by offering ￿PpOrt and advocacy as well as prayers and spiritual guidance.
Through the period under report there hasn't been an improvement to human rights violations
induding freedom of relfgious worship in Eritrea. All churches not belonging the 'recognised'
groups are still closed and tho* that are 'recognised' are also put under various forms of pressure
and their operations continue to be heavlly controlled.
The UN continues to be seriously concerned by the human rights violations in the country and
particularly the implications for the outfLow of refugees who seem to be leaving Eritrea at an
unprecedented rate, to Sudan and Ethiopia and then further afield.
Release Eritrea continues to be active in all three areas of work namely:
1) Prayer and intercession
2) Practical assistan￿ for victims of human rights Vbolations and refugees
3) Advocacy
Below we provide a brief oudine of the achievements in eath of the above areas of work outlined
al)ove.
Prayer and Intercession
Members of Release Erltrea have led and partiapated in various prayer events, here at home in the
UK through zoom.
Page 3

Release Eiitrea (A Company Limited by guarantee)
Trustees Report (Incorporating the Directors. Report)
Year ended 28 February 2025
2. Practlcal asslstance
RefLgees
ReLease Eritrea continues to provide financial and spiritual support and guidance to individual
refugees, families, as well as groups and churches in the refugee communities in Ethiopia. In this
financial year we continued to SUPPOrt ￿fUgeeS who have been displaced from Sudan to Ethiopia,
Egypt and Uganda. Sudan had been home for tens of thousands of Eritrean refugees for many
years. Eritrean refugees are continued to become targets of human traffickers and bandits in
Sudan and Libya. So it continued to have devastating effects on the Eritrean refugee communities.
Because of that many continued to be dISpla￿d and becoming victims of traffickers. Currently
there are tens of thousands of Eritrean refugees settled in Northern Ethiopia Alem-wach and some
on the Sudan Ethiopian border, Metema. Due to avil vRr and lawlessnes5 in the Amhara region
these refugees have become targets of bandits and human smugglers. The number of Eritrean
refugees in Addis Ababa is estimated more than 100,000. Ojr charity has been sUPPOrting those
who still remained in Tigray and Addis Ababa. Some of the refugees are forced into commercial
sex workers and become victims of human trafficking. ReLease Eritrea has continued the ongoing
project in Addis Ababa, supporting vulnerable women by prowding vocational training, such as
cooking, tsiloring, hair dressing, fiLming and video editing, mobile phone repairing, computer
training, and accounting. In this financial year more than 160 men and women have enrolled in
the skill training and graduated. Several of these have started thelr own busines*s gjch as dress
making, carpentry, laundry, key oJtting, thr￿ wheeLed taxTS (tuktuk or bajaj) and other
businesses. Others were hired in different business *ttors, such as restaurants, photo shops,
coffee shops, hair salons and beauticians.
We also provide transport fees for the students until they finish their courses. The course lasts from
four to six months. We also provtde food packages to families in need. During thls project year,
We have provided food packages to over 200 families, most of them are single mothers with tsvo
to three children and refugees displaced from Sudan.
School chiLdren support: we also provide shoes, clothes and stationeries to more than two hundred
needy chiLdren, each package consists, school bag, Writing padsj pens and pencils. These are over
We al50 provtde fTnanaal assistan￿ to needy families, helping them with paying their house rents
and medical costs.
Page 4

Release Eritrea (A Company Limited by guarantee)
Trustees Report {Incorporatlng the Directors. Report)
Year ended 28 February 2025
Prlsoners and their families support
Release Eritrea continues to support hundreds of prisoners of Conscien￿ and their families fnside
Eritrea. Currentlyi there are still hundreds of prisoners of faith whom we are aware of. In the year
of 2024125 there were about 220 newly arrested Christians and over 100 people have been
released. Some of the senior pastors have been in prison for over 20 years, and about 20
prisoners are currently in prison for over 10 years. Most of the prisoners are members of the
banned faith groups by the Eritrean government, such as the Baptists, Pentecostals, Fr
Evangelicals, and the Methodists. Some of the sanctioned churches, such as the Orthodox and
Catholics have been targets of restriction and subjected to harassment and prison. There are
three Orthodox dergies who have been in prison since November 2004. Most of the released
prisoners are suffering from PTSDS, so Release Eritrea is providing medical, psychological,
pastoral, and financial heLp. Release Eritrea is at present providing financial and pastoral support
for the needy famiLies. We wouLd Like to take this opportunity to thank all our supporters and
volunteers without whose commitment and dedication wouldn't have been able to fulfil our
obligation to support those who are in desperate need. We want also to give a spedal thanks to
our volunteers and workers in Eritrean, Ethiopia and other project sites.
Radlo Prodcast
The four days a week radlo broadcast is still running well. This radio serylce is reaching out to our
listeners in the refugee camps, in Eritrea and Tigray region in North Ethlopia. Through thls radio
broadcast we focus on several social and educational issues; such as human trafficking, modern
day slavery, love, relationship and marriage, songs and bible studies. We also have sesslons on
health education such as; HIV, TB, nutrition, sanitstion, PTSD, trauma counselling and other social
and religious educations. This radio program has two part-time staffers.
Advocacy
One of the main objectives of Release Eritrea is being a voice to the voice-less in Eritrea. At the
moment there are ten5 of thousands of prisoners of conscience in Erit￿a. Some of them have
been in prison for over 20 years. None of them have been charged. To highlight this gruesome
situation of the prisoners of conscience, one of our directors has the opportunity to speak at the
UN human-right commission in Geneva. In addition, some members of our trustees and directors
have the opportunity to highLight the causes of the prisoners of conscience to the intemational
community by engaging in several social and community gathering. Our directors had also
numerous occasions to speak on social Medias and Christian radio stations and different religious
and social gatherings" churches and mission conventions in the UK and some European countries
such as Germany? The Netherlands and Poland. Our director has also written a book, highlighting
his own prison experience and current situation in Eritrea. (X]r director has made several book
tours all across the UK, in Scotland, Northem Ireland and in several regions within England and
London. We will continue to engage the intemational community until we see changes in Eritrea.
Page 5

Release Eritrea ( A company limited by guarantee)
Trustees Report (Incorporating the Directors. Report)
Year ended 28 February 2025
staten￿nt of Tnistees, Responslbllltles
The Trustees (who are also dlrectors of RELEASE ERITREA for the Purpo￿ of Company Law) are
responsible for preparing the Trustees. Annual Report statements in accordance with applicable
Law and United Kingdom GeneralLy Accepted Accounting Practi￿.
Company Law requires the Trustees to prepare financial statements for each financial year which
give a true and fair view of the state of affairs of the charitable company and of the incoming
resources and application of resources, induding the income and expenditure, of the charitable
company for that period. In preparing these financial statements, the Trustees are required to:
• select suitable accounting policies and then apply them consistently;
• observe the methods and principles in the Charities SORP;
•rnake judgments and estimates that are reasonable and prudent.
•stste whether applicable UK Accounting Standards have been followed, subject to any
material departures disclosed and explained in the financial ststements; and
'prepare the financial statements on the going concern basis unless it is inappropriate to
presume that the charitable company will continue in operation.
The Trustees are responsible for keeping proper accounting records whith disdo* with reasonabLe
accuracy at any time the finanaal position of the charitable company and which enable them to
ensure that the finanaal statements comply with the Companies Act 2006. They are also
responsible for safeguarding the assets of the charitable company and hence for taking reasonabLe
steps for the prevention and detection of fraud and other irregularlties.
Small compary pn?vlslons
This report has been prepared in accordance with the special provisions for small companies under
Part 15 of the Companies Act 2006.
On behalf of the board
Fecadu Abraha
Chair. Board of Trustees Release Eritrea
Page 6

Release ErftsBa ( A company limited by guarantee)
Independent examlner's report to the trustees on the unaudited financial statement of
Release Eritrea.
I report on the account of Release Eritrea for the year ended 28 February 2025 set out on pages 2 to
14.
Respectlve responslbllltles of trustees and Independent examlner
The charitys trustees (who are also the d7￿CtorS of the company for purpose of company law) are
responsible for the preparation of the accounts. The trustees consider that an audit is not ￿qUired for
this year under section144(2) of the Charities Act 2011 (the 2011 Act), and that an independent
examination is needed. It is my responsibility to examine the accounts under section 145 of the 2011
Act, to folLow the prO￿dureS laid down in the General Directions given by the Charity commi￿70n
under section 145(5) (b) of the 2011 Act; and to state whether particular matters have come to my
attention.
Basls of Independent examlnerfs statement
My examination was carried out in accordan￿ with the General Directions given by the Charity
Commission. An examination indudes a review of the accounting records kept by the charity and a
compartson of the accounts presented with those records. It also indudes consideration of any unusual
items or disdosures in the accounts, and seeking explanations from you as trustees conceming any such
matters. The procedures undertaken do not provide all the evidence that would be required in an audit
and consequently no opinion is given as to whether the accounts present a 'true and fair view, and the
report is limited to those matters ￿t out in the statement below.
Independent examIne￿S Staten￿nt
In connection with my examination, no matter has come to my attention:
1 . which gives me reasonable cau* to believe that in any material respect the requirements:
•to keep proper accounting records in accordance with section 386 of the Cornpany Act 2006. and
•to prepare accounts which accord with the accounting records, comply with the accounting
requirements of section 396 of the company Att 2006 and with methods and principles of the
Statement of Recommended Practi￿. Accounting and Reporting by Charities have not been met- or
2. to whith, in my opinion, attention thould be drawn in order to enable a proper understanding of the
accounts to be reathed
Independent
Dawit Araya
7 Hasted Close, DA9 9HS
xaminer
Page 7

Release Eritrea (A company Ilmited by guarnntee)
Statement of flnandal activities (Incorporatlng the income expenditure account)
For the year ended 28 February 2025
Unrestrlcted Restrlcted
Note5 fund5
funds
2025
2024
Incorning Re50urce5
Incoming Resources from generating funds:
Voluntary income
ivities for genernting funds
Other Income
Total incoming resources
1.277
405.406
406,683
407,530
405.406
406.683
412 530
Resources Expended
Charitable activities
Total resource expended
4.224
4,224
408 076
408 076
412.301
412.301
447.920
447.920
Net incomiJwl(outgoing)resources for the yearl
Net income l (expenditure) for the year
12,9481
12,670}
(5,618)
(35.390)
Total funds brought forward
Total funds carrled forward
137 616
148.105
142.390
183.495
148.105
7.541
The statements of flnandal actlvltles Includes all galns and i0￿eS in the year and therefo￿ a separate
stament of total recognised gains and lossess has note been prepared.
ALI of the above amounts relate to continuing activitie5.
Page 8

Release Eritrea { A company limited by guardntee)
Balance Sheet
as at 28 February 2025
2025
2024
Notes
Fixed assets
Tangible assets
478
Current assets
Cash at bank and in hand
142,390
147,627
Creditors: amounts fallings within one year
Net current assets
142.390
147 627
Net assets
142.390
148 105
Funds
Restricted income funds
Unrestricted income funds
134,848
137,616
Total funds
142 390
148 105
Page 9

Release Eritrea ( A company limited by guarantee)
Balance Sheet (continued)
Trustees statements requlred by the Companles Act 2006 fvr the year ended
28 FebnMry 2025
In approving these finanaal statements as trnstees of the company we hereby confirm:
a) that for the year stated above the company was entitled to the exemption conferred by
section 477 of the companies act 2006
b) that no notice has been deposited at the registered off7￿ of the company pursuant to
section 476 of the companies Att 2006 requesting that an audit be conducted for the year
ended 28 Febnjary 2025
c) that we ad(nowledge our responsibilities for:
i) ensuring that the company keeps proper accounting records whith comply with section
386 of the Companles Act 2006, and
li) preparing fTnical statements which are true and falr vlew of the state if affalrs of the
company as at the end of the financial year then ended in accordan￿ with requirements of
section 394 and 395, and which otherwise comply with the provislon of the Companies Act
relating to financial statements, so far as appLicable to the company.
iti) The financial statements are prepared In accordance wTth the special provisions of Part
15 of the Companies act 2006 relatlng to small companies.
iv) The financTal stattements were approved by the board on 22nd Oct 2025 and signed on
its behalf by
Mr Eyassu UkbaT
Treasurer
Page 10

Release Erftrea ( A company Ilmlted by guarantee)
Notes to flnanclal statements for the year ended 28 February 2025
Accountlng policles
The prinapal accounting policies are summarised beLow. The accounting poLicies have
been applied consistently throughout the year and proceeding year.
Basi5 of accounting
The financial statements are prepared under the historical cost convention and in
accordance with the statement of Recommended Practi￿ ' Accounting and Reporting by
Charities. issued in March 2005 (SORP 2005) and the Companies Act 2006.
Cash flow
The charity has taken advantage of the exemptTon in FR51 from the requirement to
Produ￿ a cash fLow statement because it is a smaLI charity.
Incoming resources
All incoming resources are included in the statement of financial actiwties when the
charity is entitled to the income and the amount can be quantified with reasonable
accuracy. The following speafic policfes are applied to particular categories of income:
Voluntary income is received by way of grants, donations and gifts and is included In full in
the statement of flnancial activities when receivable. Grants where entitlement is not
conditlonal on the dellvery of a spedfic performance by the charity are recognised when
the charity becomes uncondltlonally entltled to the grant.
Donated ServI￿S and faalities are included at the value to the charity where this can be
quantified. The value of the ServI￿S provided by volunteers has not been included.
Grants, induding grants for the purchase of fixed asset, are recognised in fuLL in the
statement of financial attiwties in the year in which they are receivable.
Resources expended
Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes
any VAT which cannot be fully recovered, and is reported as part of the expenditure to
which it relate5.
Costs of generating funds comprise the costs associated with attracting voluntary income
and the costs of trading for fundraising purposes.
Page11

Release &itrea ( A company limited by guarantee)
Charitable expenditure Compri￿ tho* costs incurred by the tharfty In the delivery of its
activities and serrfTces for the benefldaries. It includes both costs that can be allocated
directly to such activities and those costs of an Indirect nature ne￿SSary to support
them.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less accumulated depreciation. Depreciation is
provided at rates calculated to write off the cost less residual value of each asset over its
expected useful Life, as follows:
Fixtures, fittings and equipments - 25% straight line
Voluntary income
Unrestrfcted Restrlcted
Fund
Fund
2025
2024
Total
9,537
9,537
387,699 387,699
9,446
9,446
Total
3,684
389,452
13,145
Donation
Relea* International
Church in Chains
enueL Entrustin
406 683 406 683 407,530
Voluntary income COmpri￿S donatlons and grants received from various donors to carry
out projects and other charftable activities.
Other Income
Unrestricted Restrlcted
Fund
Fund
2025
2024
Total
Total
Bank Interest
Refund
5.000
Costs of Charitable activities - by fund type
Unrestricted Restricted
2025
Fund
Furrfl
2024
Total
398,076 398,076
Totsl
433.239
Charitable Expenditure
Management & Admin.
Cost
10 000 14224
076 412 301
Page 12

Release Erftrea ( A company limited by guarantee)
Analysls of net assets between funds
Unrestricted Restricted
Fund
Fund
Total Fun(b
Fund balan￿ at 28 February 2025
as represented by:
Tangible fixed aS￿ts
Current assets
Current liabilities
7,541
134,848
142,390
£0
142 390
Unrestricted fund
At
0110312024 Incoming
resources
At
Outgoing 2810212025
resources
Voluntary Income
Other Income
Charitsble Activitles
10,489
1,277
11,766
10,489
Purposes of unrestrlcted funds
Incoming reSoUr￿S generated from gifts, donations and grants which provide funding
for the general use of the charity.
Resources expended on charitable activities comprise all the resources applied by the
charity in undertaking its work to meet its charitable objectives as opposed to the
cost of raising funds.
7 Taxation
The chariws attivities fall within the exemption afforded by the provision of the
Income and Corporation Taxes Act 1988. Accordingly, there is no taxation charge in
these accounts.
Page 13

Release Eritrea { A company Ilmltsd by guarantse)
Restrlcted funds
At
At
0110312024 Incomlng Outgolng 2810212025
resources resources
Voluntary Income
Charitable Activities
137,616 405,406
543,022
(381,933) (381.933)
137,616 405,406 (381.933)
161.089
Purpose of restricted funds
8. TANGIBLE FIXED ASSETS
Cost
Office Equipment
Total
At 0110312024
Additions
Disposal
At 2810212025
4,704
4,704
4,704
4,704
Depreciation
At 01103/2024
Additions
Disposal
At 2810212025
4,226
478
4,226
478
4,704
4,704
Net Book Value
At 0110312024
At 2910212025
Company limited by guarantee
Release Eritrea is a company limited by guarantee and accordingLy does not have a share capital.
Every member of the company undertakes to contribute such amount as may be requires not
exceeding £1 to the as*ts of the charitabLe company in the event of it being wound up while he
or she is a member, or within one year after he or She ￿aSeS to be a member.
Page 14