Company gIstratIon number.. 11554123 Charity registratlon number.. 1195727 KORPU BUILDING BRIDGES WITH THE WORD LTD TRUSTEES. REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025
Korpu Bulldlng Brldges Wlth The Word Ltd Contents Page Trustees, Report Independent Examiner's Report statement of Financial Activities (including Income and Expenditure Accounti statement of Financial Position Notes to the Financial Statements 9-12 The following pages do not form part of the statutory accounts.. Detailed Statement of Financial Activities (including Income and Expenditure Account) 13
Korpu Bulldlng Brldges Wlth The Word Ltd Company No. 11554123 Trustees. Report For The Year Ended 30 September 2025 The trustees present their report and the financial statements for the year ended 30 September 2025. l. Reference and Administrative Detsils Charity name.. KORPU BUILDING BRIDGES WITH THE WORD LTD Charlty reglstratlon number: 1195727 Company reglstratlon number.. 11554123 Legal form: Charitable company limited by guarantee and registered charity in England and Wales. Reglstered offlce and prln¢lpal offlce at the date of approval of thls report: Regus John Eccles House Robert Robinson Avenue Oxford Science Park Oxford England OX4 4GP The regIsted office was changed to the above address on 24 October 2025. after the end of the financial year. The arrangement is registered office and virtual office arrangement. The charity may access the physical building and may hire rooms or venue5 at the premise5 when reouired. Trustees and directors The trustees, who are also the directors of the charitable company for the purposes of company law, who served during the year ended 30 September 2025 We.. Name Role Appolntment / reslgnatlon detalls Rev Robert Karaml Trustee l Director / Chair of Trustees Appointed 2 November 2024 Mr Matt Jeremy Merrltt Trustee l Director Appointed 10 June 2021 Rev Feridoon Mokhof Trustee l Director Appointed 10 June 2021 Louise Petmssian Mokhof Trustee l Director Appointed 5 September 2018 Mr Chet Arthur Lowe Trustee / Director Resigned 31 October 2024 Independert examiner: Emmaus Chartered Accountants 377-399 London Road Camberley GU15 3HL Bankers: Natwest Bank Virgin Bank / Virgin Money the account remained open during the year but was not actively used for the charity's nom)al operations, other than limlted hlstorlc use. Day-to-day management.. Day-to-day operational and financial administration was handled by Rev Feridoon Nokhof. Major strategic, financial and governance declslons were reserved to the trustees. 2. Structure. Governance and Management KORPU BUILDING BRIDGES WITH THE WORD LTD 15 a company limited by guarantee and a registered charity in England and Wales. The charity is governed by its Articles of Association, as amended. The trustees a also the directors of the company for the purposes of company law. The trustees are re5pon5ible for the overall governan, Strategic direction and financial oversight of the charity. Major deci510nS, including significant expenditure, approval of charitable projects, appointment or engagement of personnel, governance arrangements, pollcles, and approval of statutory accounts and reports, are made by the trustees collectlvely.
Day-to-day operational and financial administration is delegated to Rev Feridoon Mokhof. This includes maintaining financial records and administrative spreadsheets, supporting the charity's administrative and projert arrangements, and reporting to the trustees. Robert Karami, as Chair of Trustees. reviews the financial spreadsheet monthly, and the trustees review the charity's financial position at trustee meetings. Trustees have ac55 to shared records through OneDrive and may review supporting information when required. During the year ended 30 September 2025, the charity did not employ staff. The charity engaged freelance workers andlor independent contractors to 5UPPOrt its charitable projert work, including Bible translation, editing, reviewing, project management and media produttion. One freelance worker engaged during the year was connected to Rev Robert Karami, Chair of Trustees, by family relationship. Her work related to Bible consultancy, trainee consultancy and project management. The trustee5 recognise that this constitutes a related-party / connected-per50n arrangement and have tated it a5 requiring appropriate transparency, conflict management and disclosu in the charity's accounts. Rev Robert Karami wa5 not involved in the decision to engage her or in deci5ion5 concerning her remuneration. The arrangement wa5 approved by the trustee5 and recorded in trustee minutes. The trustees have confimied that no other employee5. freelancers or contracttsrs engaged by the charity during the year were lated to any trustee. From the beginning of 2026, after the end of the pOrting period, this individual moved onto payroll as an employee of the charity. We a CurntlY awaiting a decision from the Charlty Commisslon on how best to $01ve thls golng forward. The trustees are not remunerated for their role as tru5tee5. However, Louise Petros5ian Mokhof wa5 paid £4,080 for translation work performed for the charity, in line with its Charitable objectives. This will also be communicated to the Charity Commission for resolution and is dlsclosed in the accounts under Transactlons with Trustees. Freelance, contractor and employment arrangement5 are managed Separately froTFTr trustee governance. The trustees retain oversight of significant project commitments and expenditure, while day-to-day operational and financial administration is delegated to Rev Feridoon Mokhof. Major strategic, financial and governance decisions remain reserved to the trustees collectively. Where a trustee has a personal or connected-person interest in a matter, the trustees seek to manage the conflict in accordance wlth the charity's goveming document, charlty law princlples and Charity Commisslon guidance. The confllcted trustee should declare the interest and should not particiwte in the relevant decision unless properly authorised. New trustees are appointed in accordance with the charity's governing document. Before appointment, prospective trustees are expected to understand the charity's objects, charitable activltles, governance responslbilitles and dulles under charlty and company law. Trustee induction and training is provided through discussion with existing trustees, access to the governing document and key policies, and reference to Charity Commission guidance. The trustees recognlse the importance of proper governance, flnancial controls, safeguardlng, risk management and accurate record keeping. During and after the reporting period, the trustees continued to strengthen the charity's governance documentation and internal procedures, Including policies relating to safeguarding, conduct, reporting concems, financial oversight, conflict management, contractor arrangements and trustee decision-making. 3. ObJertlve$ and Artlvltles The charity's ob]erts, as set out in Its governing document, are specifically restrirted to the advanMent of the Christian religion for the public benefit, In particular but not exclusively by.. produclng media productions based on Bible translation in partnership wlth Internatlonal Blble translatlon organlsatlons,. and facilitating anij managing translation of the Bible Into different colloquial languages of people groups in partnership with national churches. The trustees conflrm that they have had regard to the Charity Commlssion's guldance on publlc benefit when vSewIng the charity's aims, objectives and activities. During the year ended 30 September 2025, the charity continued to pursue its objects by supporting Bible translation-related charltable work. The charlty's activities were directed towards enabling access to blblical materlals In colloouial languages and supporting Christian communities through translation, review, editing, project coordination and related media activity. The trustees consider that the Chaty,$ work furthers Its charitable purposes for the publlc benefit by supporting the advancement of the Christian religion, improving access to biblical resources in understandable language forms, and assisting translation-related work for communilies where such resources are limited, developing or not readily available. The charity's main activities during the year included.. facilitating and managing Bible translation-related activity,. supporting translation, edltlng, reviewlng and quality-control processes,. supporting project management connected with translation work., developing or supporting media-production activity connected with Bible translation,.
maintaining confidential project relationship5 connected with translation work,. engaging freelance workers andlor independent contractors for charitable project activity,. providing trustee oversight of charitable project expenditure and project direction,. and strengthening governance, financial oversight and policy arrangements. For reasons of confidentiality, sensitivity and the pmtection of those Involved, the trustees do not consider it appropriate to identify specific languages, people groups, locations, workers or project partners in this public report. The trustees continued to ensure that the charity's activities remained aligned with its charitable objerts and that resources were applied in furtherance of those objects. 4. Achievements and Performance During the year ended 30 September 2025, the charity continued to make progress in furtherance of its charitable objects, parliculady In relation to Bible translation and translalion-management activity. The charity supported ongolng Blble translation-related work connected with confldentlal language groups and communltles. The work remained In progress at the end of the reporting period and continued to require translation, review, editing, project management and related coordination. Durlng the year, pr(re$S was made In relation to Bible translation, editing, viewing, project management and media-productlon artivity. The charity engaged freelance and/or Independent contractor support for aspects of this work, under trustee oversight. The trustees consider that the Chaty,$ actlvlties contributed to Its charitable purposes by supportlng access to blbllcal mateal$ In understandable language forms and by strengthening the capacity for Bible trans13tion-re13ted work among communities where such resources are limited or developing. The trustees monitored the charity's actlvlties to ensure that they remained consistent with the charity's objects of advanclng the Christian religion for the public benefit through Bible translation, related media activity, and partnership with churches and Bible translation organisations. The trustees did not identify any materlal operatlonal challenges during the year that prevented the charity from contlnulng Its work. The trustees recognise, however, that Bible translation is often a long-term activity and that many of the charity's outputs and outcomes will continue to develop over future reporting periods. The trustees also continued to strengthen the charity's administrative and governance arrangements during and after the reporting period, including trustee oversight, financial monitoring, conflict management, safeguarding awareness and policy development. 5. Flnanclal Revlew The trustees have reviewed the financial position of the charity for the year ended 30 September 2025. During the year. the charity received total income of £1 14,618. Total expenditure for the year was £116,306, resulting in a net deficit of £1,688. At 30 September 2025, the charity held total funds of £1,028. These We comprised of only unrestricted fund5. The trustees will ensure that any futu restricted funds a applied only in accordance with the purposes for which they were received. The charity's principal sources of income during the year were £114.618 of funding received from variou5 sources. These funds enabled the charity to continue its charitable activitie5 in Bible translation, editing, reviewing. project management and media- production activify. The charity's expenditure during the year was principally incurred in furtherance of its charitable object5. The main area5 of expenditure were Bible translation work, freelance and contractor cost5, and sUPPOrt cost5. The trustees consider that the expenditure incurred during the year was consistent with the charity's objects and public benefit fftsponsibilities. The charify engaged freelance workers and/or independent contractors during the year to support charitable project activity. The charity held bank account5 With Natwest Bank and Virgin Bank I Viryin Money during the year. The Virgin Bank / Viryin Money account maIned open but was not actively used for the charity's normal operations, other than limited historic use. The charity did not hold material financial investments during the year. The trustees therefore did not adopt a separate investment policy. Any surplu5 cash was held in bank accounts pending application to the charity's objects. The charify was not party to a defined benefit pension scheme during the year. No material fund deficit has been identified at the end of the reporting period. unless Otherwise stated in the accounts.
Reserves Pollcy The trustees recognlse the importance of malntainlng an appropriate level of reserves to protect the charSty's ongolng work and to enable it to meet short-term operational and project commitments. The trustees, policy is to maintain unrestricted ServeS at a level that is sufficient, where possible, to cover core administrative commitments and short-term project obligations, taking into account the charity's reliance on funding, the tlming of charltsble project expenditure, and the need to manage translation-related work resronsibly. At 30 September 2025, the charity held unrestricted reserves of £1,028. Free reserves, after allowing for any restricted funds, designated funds, commitments and fixed assets, were £1,028. The trustees consider that the level of reserves at the year end was adequate In light of the charlty's activitles and future plans. The trustees will continue to monltor reserves regularly and will take appropriate steps to maintaln reserves at a level consldered suitable for the charity's size, commitments and risk profile. Golng Concern Subject to review of the final account5 and available financial information. the trustees expect the charify to have adequate resources to continue its activities for the fooseeable futu. At the date of approval of this report, the trustees have not identified any material uncertainty that would cast significant doubt on the charity's ability to continue as a going concern. This assessment will be viewed with the independent examiner before the accounts are finallsed. Principal Financial Risks The trustees recognise that the charity's principal financial risks include reliance on continuing funding, the timing of income. the need to manage project commitments carefully, and the importance of maintaining appropriate financial oversight over charitable expenditure. The trustees manage these ri5k5 through trustee approval of major expenditure, regular review of financial records, monthly review of financial spreadsheets by the Chair of Trustees, periodic trustee review of the charity s financial position, maintenance of supportlng records, and engagement with the Independent examiner. The trustees will continue to strengthen financial controls, budgeting, reserves monitoring risk-management procedures in future reporting periods. 6. Plans for Future Periods The trustees intend to continue the charity's work in furtherance of its charitable objects, particulady through Bible translation, edibng, reviewing, project management and media-production activity. The charity expects to continue supporting ongoing translation-related work connected with confidential 13nguage groups and communities. The trustees will continue to ensure that such work is managed with appropriate care. discretion and oveight. taking into account the 5ensltivity of the work and the need to protect those involved. The trustees intend to continue using freelance workers andlor independent contractors where appropriate to support translation, review, editing, project coordination and media-production activity. The trustees will continue to oversee significant project commitments and ensure that expenditure 15 applied in furtherance of the charity's objects. The trustees Intend to strengthen the charity's funding base to support ongoing translation and media-production work. Future funding will be applied to support the charity's charitable purposes and to maintain the continuity of appropriate project activity. The trustees will also continue to monitor the charity's financial position, reserves. projert commitments and governance arrangements to ensure that the charity remains able to pursue it5 objects responsibly and effectively. 7. Statement of Trustees. Responsibilities The trustees, who are also the directors of the charitable company for the purposes of company law, are responsible for preparing the Trustees, Annual Report and the financial statements in accordance with applicable law and regulations. Company law requires the trustees to prepare flnanclal statements for each financial year. The trustees are responsible for ensuring that the financial statements give a true and fair view of the state of affairy of the charitable company and of Its income and expenditure for the financial year. In preparing the financial statements, the trustees are responsible for.. selecting suitable accountlng policies and applylng them consistentlyi making judgements and estimates that are reasonable and prudent: stating whether applicable accounting standards have been followed, subject to any material departu$ disclosed and explained In the financial statements;
preparing the financial statements on the going concern basi5 unle55 it is inappropriate to presume that the charitable company will continue in operation. The trustees are responsible for keeping adequate accounting record5 that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006, charity law and applicable accounting requirements. The trustees are also spOnSible for safeguarding the assets of the charity and for taking asonable steps for the prevention and detection of fraud and other ifftgularities. The trustees are re5pon5ible for ensuring that the charity'5 activities are carried out in accordance with it5 charitable objerts and for the public benefit. 8. Approval of the Trustees. Annual Report Small Company Rules This report has been prepared In accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006. This Trustees, Annual Report was approved by the trustees on 06 AuAUSt 2026 and signed on their half by.. periuoon rnOKfioT Trustee KORPU BUILDING BRIDGES WITH THE WORD LTD Date.. Q6.August.202&...........................................
Korpu Bulldlng Brldges Wlth The Word Ltd Independent Examlner's Report to the Trustees of Korpu Building Bridges Wlth The Word Ltd For The Year Ended 30 September 2025 I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 September 2025. Responsibilities and Basis of Report As the charity trustees of the Company land also its directo for the purposes of company lawl, you are responsible for the preparation of the accounts in accordance with the requirement5 of the Companies Act 2006 1.the 2006 Act"). Having satisfied myself that the accounts of the Company are not reQuid to be audited under Part 16 tsf the 2006 Act and a eliglble for Independent examination, I report in respect of my examlnation of your charlfy's accounts as carried out under section 145 of the Charities Act 2011 I'the 2011 Act'l. In carrying out my examlnation I have followed the Directions glven by the Charity Commission under section 145151 Ibl of the 2011 Art. Independent Examiner's Statement I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe.. accounting records were not kept in respert of the Company as required by section 386 of the 2006 Act; or the accounts do not accord with those record5,' or the accounts do not comply with the accounting reouirements of section 396 of the 2006 Aet other than any reouirement that the accounts give a 'true and fair view. which is not a matter considered as part of an independent examination., or the accounts have not been prepared in accordance with the methods and principles or the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts In accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report In order to enable a proper understanding of the accounts to be reached. Sarah Shearer FCA Date 377-399 London Road Camberley Surrey GUIS 3HL
Korpu Bulldlng Brldges Wlth The Word Ltd ststement of Flnancial Activities (including Income and Expendlture Account) For The Year Ended 30 September 2025 2025 2024 Unrestricted Unrestricted funds funds Notes INCOME AND ENDOWMENTS FROM: Charltable activities.. Bible translation 114,618 107,288 EXPENDITURE ON: Raising funds Charltable activities.. Bible translation {19,780 1 137,258 1 196,526 1 169,496 1 1116,3061 1106,754 1 NET IEXPENDITUREIIINCOME (1,6881 534 NET MOVEMENT IN FUNDS (1,6881 534 RECONCILIATION OF FUNDS.. Total funds brought foNard 2,716 2,182 TOTAL FUNDS CARRIED FORWARD li 1.028 2,716 The notes on page$ 9 to 12 form part of these financial statements.
Korpu Bulldlng Brldges Wlth The Word Ltd statement of Financial Position As At 30 September 2025 2025 Unrestricted funds 2024 Total funds Notes FIXED ASSETS Tangible Assets 1,814 1,281 1,814 1,281 CURRENT ASSETS Cash at bank and in hand 3,063 1,984 3,063 1,984 Credltors: Amounts Falllng Due Wlthln One Year io (3,849 ) (549 ) NET CURRENT ASSETS {LIABILITIES) (786 ) 1,435 TOTAL ASSEfs LESS CURRENT LIABILITIES 1,028 2,716 NET ASSETS 1.028 2,716 FUNDS OF THE CHARITY Unrestricted Funds 1,028 2,716 TOTAL FUNDS 1,028 2,716 For the year ending 30 September 2025 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordan with section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for complying with the requirement5 of the Act with respert to accounting records nd the preparation of account5. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies re( Ferido)n Mohof Trustee Date 06 August 2026 The notes on page$ 9 to 12 form part of these fSnanclal statements.
Korpu Bulldlng Brldges Wlth The Word Ltd Notes to the Financial Statements For The Year Ended 30 September 2025 l. General Informatlon Korpu Building Bridges With The Word Ltd is a company limited by guarantee, Incorporated In England & Wales, registe number 11554123 and registered charity number 1195727 The registered office is Regus John Eccles House, Robert Robinson Avenue, Oxford Science Park, Oxford OX4 4GP. The company is limited by guarantee and has no share capital. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £10 per member of the charity. 2. Accounting Policies 2.1. Basis of Preparation of Financial Statements The charity constitutes a Public Benefit Entity as defined by FRS 102. The financial statements have been prepared in accordance with the Charities SQRP IFRS 1021 Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective I january 20191 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. The financial statements are prepared on a going concern basis under the historical c05t convention, modified to include certain items at fair value. The financial statements are psented in sterling which is the functional currency of the charity and rounded to the nearest £000. The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistenuy applied to all years pSented unless otheNise stated. 2.2. Financial Reporting Standard 102 - Reduced Disclosure Exemptions The charitable company has taken advantage of the following disclosure exemptions in preparing these financial statement5. s permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland": the requlrements of Sectlon 7 Statement of Cash Aows and Sectlon 3 Financial Statement Presentation paragraph 3.17 {d). 2.3. Golng Concern Disclosure The trustees have not Identified any materlal uncertainties related to events or condltlons that may cast significant doubt about the charitable company's ability to continue as a going concern. 2.4. Significant judgements and estimations The Trustees feel there were no judgements or e5timate5 made in the process of applying the accounting policies that had a significant effect on the amounts recogni5ed in the financial statements. 2.5. Fund Accounting The only fund5 held are Unrestricted funds. Un$ttted funds are available for use at the discretion of the trustees in Furtherantr of the general objectives of the charity and which have not been designated for other purposes. 2.6. In¢omlng Resources All incoming resources are included In the Statement of Financial Activities ISOFAI when the charity Is legally entitled to the income after any performance conditions have been met, the amount can be measured reliably and it is probable that the income will be weived. For funding and donations to be recognised the charity will have been notified of the amount5 and the settlement date in writing. If there are conditions attached to the funding or donation and thi5 requi5 a level of performance before entitlement can be obtained, then income is deferred until those conditions are fully met or the fulfilment of those conditions is wlthln the control of the charlty and It Ss probable that they will be fulfilled. 2.7. Resources Expended Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that setuement will be required and the amount of the obligation can be measured reliably. Allocation of expenditure Expenditure is accounted for on an accruals basis and allocated to the relevant activity. whe an expense relates to more than one activity It Is apportioned on an approprlate basls as detalled in the support cost note.
Korpu Bulldlng Brldges Wlth The Word Ltd Notes to the Financial Statements (continued) For The Year Ended 30 September 2025 2.8. Tanglble Flxed Assets and Depreclatlon Tangible fixed assets are measured al cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives On the following ba5es'. Plant & Machinery 200kn reducing balance 2.9. Cash Cash Equivalents Cash and cash equivalents are basic financial assets anij Include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change In value. and bank overdrafts. 2.10. Financial Instruments The charity only ha5 basic financial a55et5 and liabilities of a kind that qualify as basic financial instrument5. All basic financial instruments are initially cOgnised at transaction value and subseouently measured at their settlement value. 2.11. Foreign Currencies Monetary assets and liabilities in foreign CUrncle$ are translated Into sterllng at the rates of exchange ruling at the statement of financial positlon date. Transactions in foreign currencles are translated Into sterllng at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating surplus. 2.12. Taxatlon The charily Is exempt from tax as all Its income is charitable and applied for charitable purposes. The charity is not registered for VAT and accordingly expenditure indudes VAT where appropriate. 3. Income from Charitable Activities 2025 2024 Unrestricted funds £ Unrestricted funds £ Bible translation= Funding 114.618 107,288 4. Net Incomel(Expenditure) The net lexpenditurellincome 15 stated after charying/lcrediting}.' 2025 2024 Depreciation of tangible fixed assets owned 454 320 S. Analysis of Expenditure 2025 Activities undertaken dlrectly Support costs Total Raising funds Bible translation 19,780 19,780 96,526 96,526 96,526 19,780 116,306 io
Korpu Building Bridges With The Word Ltd Notes to the Financial Statements (continued) For The Year Ended 30 September 2025 2024 Actlvltles undertaken directly Support costs Total Raising funds Bible translation 37,258 37,258 69,496 69,496 69,496 37,258 106,754 6. Independent Examiner's Remuneration 2025 2024 Independent examination of the financial statements 1,500 1,500 7. Staff Costs No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000. 8. Average Number of Employees Average number of employees including Trustees during the year was- 4 12024.. 41 9. Tangible Assets Plant & Ma¢hlnery Cost As at l October 2024 Additions 1,601 987 As at 30 September 2025 2,588 Depreciation As at l October 2024 Provided during the period 320 454 As at 30 September 2025 774 Net Book Value As at 30 September 2025 1,814 As at l October 2024 1,281 10. (dItorS. Amounts Falllng Due Wlthln One Year 2025 2024 Trnde creditors other creditors Accruals and deferred income 249 249 300 3,600 3,849 549 li
Korpu Bulldlng Brldges Wlth The Word Ltd Notes to the Financial Statements (continued) For The Year Ended 30 September 2025 11. Movement In Funds Asatl October 2024 Asat30 September 2025 Income Expenditure Unrestricted funds General.. General unrestritted fund 2,716 114,618 1116,306 1 1,028 Total funds 2,716 114,618 1116,306 1 1,028 Asatl October 2023 Asat30 September 2024 Income Expenditure Unrestricted funds General.. General unrestritted fund 2,182 107,288 1106,7541 2,716 Total funds 2.182 107,288 1106,7541 2,716 12. Transactions with Trustees During the year. Louise Petros5ian Mokhof, who is a trustee received remuneration of £4,080 for the translation work that she carried out for the charity. None of the trustee5 received any remuneration or any other benefits from employment with the charity or a lated entity during the pVIouS year. Durlng the year the expenses reimbursed to the Trustees or paid directly to third partles were as follows.. 2025 2024 other Expenses 312 13. Related Party Dls¢losures During the year, Sharokin Yokhaneh Alghiani , who Is the wife of Robert Karami was paid £24,105 (2024.. £18,072) for the translation and consultancy work that she carried out for the charity. 12
Korpu Bulldlng Brldges Wlth The Word Ltd Detalled Statement of Financial Activities (including Income and Expendlture Account} For The Year Ended 30 September 2025 2025 2024 Total funds Total funds INCOME AND ENDOWMENTS FROM: Charltsble A¢tlvltles: Blble translatlon Funding 114,618 107,288 IL4,618 107,288 IL4,618 107,288 EXPENDITURE ON.. Ralslng fund$ staff training and welfare Trnvel and subslstence expenses Rent Use of private sIdenCe Eouipment expensed Computer soft¥vare c05t5 Repairs, renewals and maintenance Printing, postage and stationery Website costs Accountancy fees Professional fees Bank charges Charitable donations Entertaining Sundry expenses Depreciation of plant and machinery 17501 13,1681 13,1841 120,4161 17,2901 16,7471 13121 1241) 13661 1281 14081 12321 14121 12231 11,8651 13,9321 1341 1761 14,7251 17251 15821 1731 11751 13001 13201 14541 {19,7801 137,2581 Charltable Artlvltles: Bible translation Subcontractor costs other direct Costs 188,5131 18,0131 167,1671 12,3291 {96,5261 169,4961 {116,3061 1106,7541 NET (EXPENDITVRE)/INCOME (1.688) 534 13