w)WorldShare ANNUAL REPORT 2025 WORLDSHARE'S REPORT AND FINANCIAL STATEMENTS OF THE TRUSTEES FOR THE YEAR ENDING 31 DECEMBER 2025 WELCOME - CHAIR'S REPORT Il's a raal joy to presant this year's Annual A¢¢ounts and Trust••s' Roport. As ou r•ad, I hope you'll b• encoura ed b tho di eren¢e your eneroslty makes, and tha logol er we can celobrale o many signs ol God's faithlulnoss al work In th• liv•s ol our partn•rs around Ihg world. We are deoply grateful for you, our supporters, across the UK. Your rayers. your gifts, and your commltment make everytRing we do possible. Worldshare Is a faith-based mlssion.. falth In God's provlslon. and trust In the partnershlps we bulld wlth bellevers who are servlng In chaiienglng places. As a smaller orgonlsatlon, we have the prlvlle e of wolkln closely wlth our partners, understanding thelr ocal conte and supportlng them as they shara the hope of Jesus and work for the transformation of thelr communltles. Thls past year has brought its share of pressur@s. Rislno costs ond perslstent Inflatlon Impoct many charltles. Includlng us. We steward our resources carefully. reducing UK expencjiture wherever possit)le so that an Increaslng proportion of income can be dlrected to frontline mlnlstry overseas. The Truste@s have olso contSnu6d to strengthen our overnonce reflnlng procedures and ensurlng that we effectively monltor the use of fun s and the Im grants we make, For exam le, thls year we hove been able to stondordlse onllne fe act of nanclal reportSng by our artners. ou'll flnd more detall on thls work, along wlth our prlorltles for the comlng year, In tke pages that follow, I'm portlcu1a￿Y pleosed that we have t)een oble to partner with Chrlstlan Mission to Gaza thls year, to rovlde relSef to people who have been cought up In very difflcult situation& andoparto the world whlch needs to hear and see the good news of Jesus. Thls yeor we hove been able to make monltorlng vlslts to mlnlstrles In both Turkly@ and Paklstan. It Is alwa s encouiaglng to hear feedback from these vSslts. They help us to strengthen relotlonsKips, to consider new ways of responding to need and évoluate how grants have t)een used. We have also been able to make use of newer technologies, with our 'Why Worldshare?, vldeo and WhatsApp prayer and communlcatlon channels. We are currently rolllng out a Nofom communlcations App to help support our ChlldAld sponsors. ou read this report I pray thal you will bo encouraged and insplr•d-gratoful lor all ¥hat God is doing in Iho world. and hopeful for what lios ahead. All for HIS glory, Nell Brighton Worldshare Chair of Trustees TABLE OF CONTENTS The trustees are pleased to present their annual directors, report, to ether with the financial statements ol the charity for the year ended 31s December 2025; which are also prepared to meet the requirements for a directors, report and accounts for Companies Act purposes. CHAIR'S REPORT 18 GRANT MAKING OBJECTIVES & ACTIVITIES 19 FUNDRAISING STANDARDS ACHIEVEMENTS & PERFORMANCE 20 FINANCIAL REVIEW COMMUNITY BUILDING 22 DIRECTOR'S RESPONSIBILITIES DISASTER RELIEF 23 INDEPENDENT EXAMINER S REPORT I O EDUCATION 24 STATEMENT OF FINANCIAL ACTIVITIES I I EVANGELISM 25 STATEMENT OF FINANCIAL POSITION 12 HEALTHCARE 26 STATEMENT OF CASH FLOWS 13 TACKLING INJUSTICE 27 NOTES TO THE FINANCIAL STATEMENTS 14 PLANS FOR FUTURE PERIODS 39 REFERENCE & ADMINISTRATIVE DETAILS 15 STRUCTURE GOVERNANCE & MANAGEMENT OBJECTIVES & ACTIVITIES PURPOSES OF THE CHARITY - Memorandum of Assoclatlon {19￿) To advance the ChrlstSan lalth by:. Pioclalmln9 the Gospel of Jesus Chrlst to every notlon In accordance wSth the Lord's reat Commission to the Church. (il) Promoting co-operation within the worldwide Church (Includlng the churches In developlng natlons) In evangelism wlthln and across cultures. (IID Encouraglng the mlsslonary work of the churches as a whole In establlshed local churches and mlnlstries throu hout the world wlth a vlew to making thelr InternatSonal and notional witness more eflclent and &ffecMve. (Iv) Encouraglng ond ossSstSng natSonal churches In evangelism, estobllshment of churche& the growth of churches and the development of discipleshlp and leadershlp. (v) Glvlng advlce and counsel to natlonal churches and thelr membars, (vl) Sponsorlng Indi workers for evange enous churches ond mlnlstrles for the purpose of recrultlng notlonal Istlc purposes. (vll) Rellevlng poverty, sufferlng and dlstress and preventln vl@w to underplnnlng the splrltual minlstry of the natlonal c 8vlll) Provldlng food, clothin hristian education to chil medicol assistance ond educalonol hel Includlng ren in need, the dlstributlon of all forms of 8hristian Ilterature and material including Bibles, New Testaments and Gospels for the communication of the Chrlstlan falth throughout the world. dlseasa and111 haalth wlth a urches. To equlp local ch￿stIOn partners as they share God's love In practlcal ways wlth some of the world's most vulnerable communltles, brlnglng hope and transformlng Ilves. RITIE We glve priorfty to,. The poor. the vulnerable and the marglnallsed Christ-cer)tred artnershl wlth ocally le mlnSstrSes A NIGHT TO SHINE. NORTH MACEDONIA The least resourced, least reached people of the world UR OBJECTIVES Share the Gospel of Jesus Chrlst Work In partnershlp wlth local Chrlstlans Work with the poor, vulnerable & marginalised Brlng about transformatlonal change Worldshare achieves these objectives by promoting the work of our ministry partners and fund-raising In the UK on thelr behalf, to provlde flnanclol. splrltual and technical support as they serve in their own communities. ALBANIA . DR CONGO . GAZA . GHANA . GUATEMALA HAITI . INDIA . JAMAICA. MOLDOVA . MYANMAR NORTH MACEDONIA . PAKISTAN . TURKEY . UGANDA ) ACHIEVEMENTS & PERFORMANCE The key meosure of success is the level of gronts Worldshore was able to send to minlstry partners. During 2025, as the result of exkensive cost-cuttin durin reduction In establishment, Worldshare made gran sto to to 51.05% of totol income sent as direct financial support, tho year, includir)g 0 25% alling £291,560. This equates This hos assisted our lobal partners to achieva thelr oblectlves and enabled us to achieve our Interna objective. 'To better serve our partners and supporters.. relotionally, Qfficlently and financially, Despite the reduction in staff, Worldshare has continued to improve efficiency and refine internal processes, making use of Al where appropriate. We hove also explored other resources and options to assist in thls fully. In addition. Worldshare helped devolop a mobile a p called Nofam, whlch once launched, will digitally connect sponsored chlldren w th thelr ChlldAld sponors, In addltlon to our regular long-term support of development projects across the lobe, Worldshore also responded to o numbor of molor events durlng 2025, Those Inc uded the armed take-over of the clty of Goma In Democratlc Republlc of Congo. the contSnued conflSct in Goza, the earthquake in Myanmar and HurrScane Melissa In Jamolca, The followln sectlons Include hlghlights of our impact overseas through our mlnistry ortners. de alllng examples of work that our partners undertook wlth asslstance from orldshare funding, Sn fulfilment of our external objectlves across slx mSnistry themes. HILDEN ATIJKPS'S SUMMER CAMP UMI R AREA RK DISASTER RELIEF a commltment to help the vlctims of emergencies caused by notural disaster or confllct. COMMUNITY BUILDING COMMUNITY - a commitment to support and develop mpovorished familios ond communities around the world. in a practlcal and splrltual manner. RELIEF HEALTHCARE o commitment to the orovlslon of healthcare for chlldren, famllies and Indlvlduals from 5mpover￿shed backgrounds, and where offected by vlolence and warfare, EDUCATION EDUCATION a commltment to the provlslon of educatSon andlor educatSonal support for chSldren and vulneroble adults from Impoverished cSrcumstances and the tralnin of Bible students in prepara￿on for Chr stian minlstry. HEALTH TACKLING INJUSTICE - a commltment to the victlms of modern slavery in whatever form. It EVANGELISM EVANGELISM - o commitment to grow God's Kingdom through the sharing of the Gospel. TACKLING INJUSTICE COMMUNITY BUILDING COMMUNITY MYANMAR: WorfOShare's long-time partner, Won31 of Nope in Yangon, Myanmar runs Hop@ Orphanage. whlch cares for 47 children. The glrl's dormltory has suffered slgnlflcant monsoon floodin damage in recent years, to such an extent that it needed to be replaced. A new lood-proof bulldln was designed wlth t)etter facllltles and oddltlonal capaclty to enable the orphanage o accommodate a further 15 glrls. We agreed to raise funding for this project to asslst wlth th6 building costs. An Initial appeal enat)lod us to send £lO,(J)O to commence the works. However. In March a major earthquake hlt central Myanmar, increasing construction material prices by 500%. This mado the project unaffordable and so it wos postponed until prices returned to a more affordable level. In antlcl atlon of this we held a l Ok funcjralslng event In May, whlch raised a total of £30,ocx). Fhese funds will be sent In staged payments once bulldlng works have begun In Sprlng 2026. PIFO Haltl's Communlty Garden Prolect In the mountoinous communlty of Palma on the Island of La Gonave, continues to go from strength to strength, dospito rapiloy declining socio-economic and security conditlons. The ever Increaslng Influence of armed ongs who now control vast swathes of the count as meant that the tronsportamon of vltal equ5 men at resources to the Island Is ve dlfflcult. Yet Wor dsmare fundlng has onobled the site o be oxpond&d, enabling a greotor varfety of crops Includlng melons, apaya and hot peppors to be planted and haNesto Not only is the local economy being strengthened, but in doinG so. Lusco Alfred. the project's agronomist is teaching the next generation how to feed themselves from their own back yards. DISASTER RELIEF RELIEF MYANMAR: On March 28th, central Myanmar experiencod the worst earthquake slnce 1912 that registered a magnltue of 7.7. Cltles In the central belt Includlng Mandalay and Sagalng suffered devastatlon. as dld many Impoverished rural communities. Worldshare's sister or anisation, Christian Nationals Evangellsm Commlss on In Singaporo equipped local pastors to mobilise their congregations in order to respond by providing emer ency relief in the form of desperately needed food. c ean water. and over 1.000 solar powered lomps. We were able to sond £1 O,(XJO to support thls worl whlch later develo ed Into provldln fabrlcated homes temporary pre- or thosa who has lost everything. These acts led an openness to the Gospol as rellof teams prayed wlth victims, provlding both physical and spiritual hope, Troplcal C clone Mellssa.,pounded the Carlbbean durlng October. n Monday 28 It made landfall In New Hope, Jomolca, by which tlmo It was a classlfied as CoteGory 5 hurrlcane and the thlrd-most Intense Atlantic hurrlcane on rocord, Ho ewell Mlsslonary Church was among many hundreds If Idlngs thot were elther severely dam ed or destroyed as a consequence, The roof of the churc was rlppecl off, beyond repaSr, leavlng the congregatSon without a secure place to worshlp. Thanks to the generoslty of Worldshare supporters we were able to make a Pl,OCQ grant towards the cost of repolrs, Throu hout 2025. as the confllct In Gaza deepened, World hare contlnued to romote and support the onooing relief work underta en by our ministry partner, Chrlstlan Mlsslon to Gaza, across the teiritory. Grants from Worldshare of £30.000 helped enable CMG to serve 35,000 hot meals durin the eor, to refug@es who faced starvatlon as a resu tofa d blockades. In addition vital clean drinking water, clothing and financial support was also provided to families who were experlenclng extremely harsh Ilvlng conditlons as a result of multiple dlsplacements. EDUCATION EDUCATION RLDWIDE" Wortdshare has continued to support the holistic development of children from resource- rostricted backgrounds throughout 2025, through our chlld sponorshlp programme. ChlldAid. Durino the yeor we sup orted 187 chSldron through four progrommos In Guotemola, India, anmor and Albanla. ese prolects are run by our mlnistry partners.. Pott•r'$ Hous•. JKPS, dord ol Hope and Medlcal Ambassadors Foundatlon respectively. Sponsorshlp, whlch currently is £25 per month helps to provlda educatlonal support, nutrftlous meols. medlcal care and asslstance for clothlng and school supplles. Each progromme iovides su est possib pport in a way to best m8et local needs, but all have the goal of giving children the e opportunlty In Ilfe In Jesus name. In October, Worfdshoro lounched the flrst new ChlldAld projact for a decode In Accra, Ghana, Thls pro ect wlll replace the current three year 10.'IO Partn•rfundlng. for Hlgh Prlest Academy. run by vlng Word ol Fallh Mlnlstrf•s The current fundlng agremment concludes In Aprll 2026 and ChlldAld wlll enabl@ contlnued support for the school. Impoverlshed chlldren who through famlly clrcumstances. work In the markatplace, have an opportunSt to receive free Prlmary educatlon at Hlgh Priest Academy. Graduating students from the sc ool continuo to sucessfully pass tho national Hi h School entrance examlnatlon, enabllng them to contlnue thelr studies. whSch are then state unded. Sponsors recelve letters from the sponsored chSldren. but thls er to launch a new tool in the ul ear we have been worklng wlth a Dutch phonè app develo in 2026 colled Nofom. to enable sponsors to communScote dPrectly wlth thelr sponsored chlld vla a secure dlgStol platform. A small addltlonal grant from Worldshare has provlded new student chalrs and desks as part of an upgrade programme, ChildAid b:. 10 . ki11...I It EVANGELISM EVANGELISM INDIA & PAKI AN: A major means of sharing the gospel with those who are illiterate in rural communities Ss through the use of solar owered personal audlo Bible devices. These provide e listor)er with access to the complete scripture in their own langua e enat)Ilng greater understandSng and SpIr￿tUal gro A Worldshare grant of £2.CX]J funded the purchase of such p@rsonol oudlo devices for distributlon by locol evangelists across Paklstan through our mSnstry partner. In addition, as a result of an appeal and grant fundin secured by Worldshare, 100 devices wer8 provided to for use in West Benoal olon9 Wlth 16 solor power@d communal Literature Lanterns These enable corporate dlscSpleship by providlng not only Word of God, but also the ph slcal Iloht that Is so desperately need@d In areas where ¥here Is no or Ilmlted electrlcSty. 94. 'But how can they coll on hlm to save them unless the they belleve In hlm If they havo nov&r haard at)out hlm him unless someone tells them?" belleve In hlm? And how can And how can th8y hear about Romans l 0.14 A grant of £3,Om made to Modl¢al Ambassadors Foundatlon enat)led them to fully meet thelr budget for their Community Health Evangellsm projects In and around the clty of KorGé durlng 2025. Outreach to rural Musllm communltles took place through a Var￿ety of projects run by local churches supported by MAF, The Kln dom Klds Hollda School saw almost ICXJ chlldren a ended In the v Ilage of Vlocisht and around 50 In Vashteml, Summer camps for 11 18yr olds were h@Id In Erseka. wlth a pro9ramme Including dally devotlons, chapel sejvicos and fun activitios. A grant of £l,(]JO to Kanal Hayat has helped them to continue to produce qualify evangelistic programming, whlch Is not only L)elng broadcast In Turkey, but now In neighbourlng Turkish speaklng countrles also. A serles of testlmony vldeos along wlth a new programme omied specificall ot men havo had reot impact promptlng many o contact the team to Ind out more about Josus. "I watched the When I recelv Jrogrammas straight throu It. I read it from beglnnlng h the nlght and ordered a New Testament, o end...l eagerty sald the slnners prayer." HEALTHCARE HEALTH ATEMA Worldshore hos contlnued to support Potter's House os they progress wlth thelr plan to provlde quallty affordaL)le dental care for Impoverlshed local communltles whlch they would otherwlse not be able to access. The recently revamped 'EI Alfarero Multimedlca, medlcal centre In Guatemala Clty included a dental surgery which needed equippinfvorld rant from Medical Mission Nolwork, a UK based Christian charity, secured by are, was sent enabling the purchaso of o dentist's chair ond dental compressor, In late Janua armed ret)els began a mllltary operatSon to ake control of Goma, the clty where HEAL Alrlca operote thelr hospltal. Many hundreds were kllled durlng trie fightino and over 2000 uied and HEAL were In the centre of St, he hospital became so overwhelmed wlth those needlng treatment that potlents wore sle@plng sn corrldors. Shops, bonks and local amenltles were closed. Water and electlclty was cut off ond fuel for the generotors soon ran out. Woildshare wos oble to send £30.0(X) emer ency flnancSal su port, In order to purchose uel and poy or addltlonol temporary staff to cope wlth the demand. ND Worldshore's appoal on behalf of Waklsa Mlnlstrf•s enat)led us to s@ncJ o grant of £13,000 In orcler to help equlp thelr newly t)uilt Maternity Centre. The centre wos needed to gSve the teena of sexual abuse from fomlly members on e mothers, many of whom havè been the vlctlms nei hbours a safe placo In order to birth, rather than havlng to suffer further trauma at the poor y equSpped publlc faclllty. This was an essential project to enable Wakisa to apply to the local Health Board for full regSstratlon and thereby not only serve the glds In their care, but also others from theor local community, Another requlrement for reglstratlon was the provlslon of a 'placenta plt., whlch a later £I,OCKJ grant from Woddshare also enabled. 12 TACKLING INJUSTICE TACKLING INJUSTICE During 2025. PIFO Haltl have been supportSng a young wldow called Fleur. who lost her husbond, whilst pregnant with their first child. As a result, the landlord of thelr home evicted her as It wos deslgnated as they would only rent to married women. Fleur was found eight months pregnant, by PIF6's dlrector Emerson, sleeplng on the street In the town square In desparatlon. No home, no husband, no clothes. no income and no hope and gravely ill due to dangerously low Hemoglobln levels. She was at the polnt of takln her own life, but PIFO took her to hospltal, where she received a b ood transfuslon to save both her and the baby's Ilves. Once released. PIFO provided Fleur wlth a safe place to stay until sh8 could find her own -1 place. The later paid for all her medical bills, Including the cost of the C-section tkat was required to deliver a healthy baby Girl, They later supported Fleur by provldln fundlng for sewlng closses at whlch Fleur was able to learn new s Ills where she flourlshed. She began makln her own patterns and sewSng to make money. Her skllls are now emp oyed b others In her communlty to maklng dresses and cholr cassocks, enabl ng her to provlde for her famS1y. Thls Is lust one example of how PIFO are seeSng Indlvldual Ilves transformed in dlre situatlons, turnlng hop&lessness to hope fill&d joy In Jesus, nome. 'fvot h8r re(Nnomg Waklsa Mlnlstrles In Kampala contlnue to provlde practlcal, splrltual and psychologlcal support to teenage mothers from across Uganda who otherwlse would have no-where else to go. Many of the glrls are the vlctlms of rape and groomlng. often by family members, some as young as 12 years old. They ore shunned by thelr families and communSties when they discover that the girls are pregnant. A key part of Wakisa's mSnlstry Is working towards family reconciliotion, where possible, One of the glrls sup orted throughout her pre ancy In 2025 was Sheila. a 14 year o d Muslim, who was habltua IV sexually abused by her father, since before she started her perlods. Shella only dlscovered that she was pregnant when taken to hospltal havlng fallen ill at school. The team at Waklsa provlded. love, care, counsellSn9 to help deal with the traumo she sufferod ond vocotional training, enabling her to develop toiloring skill, which she is using to help support her baby. Sheila has also learnt how to deal with the anger and resentment that had built up in her as a result of her abuse. 13 PLANS FOR FUTURE PERIODS ON. . i•SOU Worldshore wlll further Improve and refine internal processes In order to better serve our mlnlstry partners and supporters,. ielatlonally, eff Iclontly and flnanclally. We wlll olso undertake the followlng.. Establlsh a Dlsasler Rellef Fund It has been o long-standing ambStion of the trustees to create a s Worldshore can send emergenc fSnancial supp ort in the event o disaster, wlthout n@edlng to wait or a response rom an appeal. eclfic fund. from which o natural or man-mode Launch Nofam app In 2026 Woildshare w511 formally launch 'Nofam'. the new dl Ital plaffom enobllng ChlldAld sponorsors to connect more directly wlth thalr sponsored chi ren. It is intended that thls wlll encourage younger people to consider becoming sponsors. It will be rolled out across all sponsor projects, with the oim of eventually roplacing physlcal letter writinG, Further Develop Church and Mlnlstry Partner Relatlonshlps Thls will further t)uild on the church and ministry partner visitation pro 2025. We aim to have cau ht up wlth the ost Covld backlo project visits by the end of 20%6. (subject to uIGovernment trave Establlsh New Minlstry Partnerships Worldshare wlll seek to forge new partnershl s wlth mlnlstrles focusecl on COMMUNITY BUILDING. EVANGELISM. HEALTHCARE and TA 8KLING INJUSTICE In South Asla and South America. ramme undertaken In hree-yearly. in person advice). Further Raise our Profile for Growth Worldshore wlll undertake wider promotional actlvitles. Includlng developing a new audlo podcost in order to reach a younger demooraphic ond a nationwide radio odvertising campaign. All of which is intended to increase awareness of our work and thereby our supporter ne￿Ork in order to grow and support more work globally. 14 STRUCTURE GOVERNANCE & MANAGEMENT OVERNING DOCUMENT: Worldshare is a company limited by guarantee and has no sharè capital. In the event of the charity being wound up, the liobility in respect of the guarantee is limited to £1 per member of the charlty. The charlty Is governed b the Memorandum and Artlcles of Assoclatlon of the company, dated I Ith April I Worldshore operates In compllonce wlth the Charlty Governance Code YOUTH WORSHIPPINO AT BEGINNING OF LIFE IN MOLDOVA ITMENT A DAPP INTME F DIRE The dlrectors of the company are also charlty trustees for th8 purposes of charlty low and under the company's Artlcle5 are known as members of the Executlve, which Is the monagem@nt committoe of tho chari Executive membership is detormlned by tho trustees and under the requlrements of t e Memorandum and ArtScles of Assoclation the trustees ore elected to serve for a period of threa yeors, ofter whlch th@y must be re- elected at the next Annual General Meetlng. The Board takes responsSblll for Ident ensuring that the approprla e skills an >ing when new dlrectors are to be recruSted. expertise needed, as well as a balance of diverslty Is reflected In the body. When necessary. the Board wlll search for the appropriate people through a variety of avenues including the Worldshare supporter bose, voluntary sector publications and established connections. Whero noeded. they wlll take advlce from approprSate Indlviduals and organlsations. A documented appllcation proceed is undertaken for eoch candldate includlng reference checks and an interview with the Chair of the Board prior to being invited to attend a board meetin as an observer. The prospective trustee is then considered by the board and a vote ta en prior to formal acceptance. 15 STRUCTURE GOVERNANCE & MANAGEMENT TRUSTEE INDUCTION AND TRAININ An induction rocess is in place for prospective tnJstee5, as outlined in the Board handbook. In tially they are invited to attend one or more Board meetings as observers, and discussions with existing members and with staff will give them a great deal of contextual information, New trustees are glven relevant information from the varlous Chari Commlsslon publicatlons and trainln materlals. Copies of the charlty's Trustees andbook Is provlded along wlth oniPne tralnlng opportunltles funded by the charlfy. The Board of Trustees, whSch can have up to 15 members, oversees the charity and met flve tlmes In 2025 Inlcudln9 the Annual General Meetin The Board Is responslble for setting the strate9ic direction and actlvlties undertaken y the charlty to achieve our goals ond ob ectivos, It olso ensuros compllanco wlth all legal requirements and sets renum&ration evels for key management personnel. The Board currently has three sub-commlttees wlth delegated responslbllltles,. Flnance, Safoguardlng and Pollcy & Procedures. The pay for key monagoment personnel Is revlewed annually by the Flnance sub-commlftee. When settlng the renumeratlon level for thls group, conslderatlon Is glven to equlvalent roles In other slmllor-slzed charltles. All recommendatlons made by ony sub-commlttee Is reviewed and conflrmed t)y the full Board. A Chlef Executlve Is appolnted t)y the trustees and hos delegated authorlty over the day-to-day operations, including programmas, publlc admlnistration. Both the Board and the Chlef Executlve employment and flnancla1 Illse a number of exporlenca exfernal professional adV￿SOr$ and consult whenever necessary. CHILDREN IN SCHOO 16 STRUCTURE GOVERNANCE & MANAGEMENT ELATI HIP WITH RELATED PARTIE Worldshare is a member of the Evangelical Alliance and Global Connections. It is also a member of the Globol Partnership Alliance. an Informal alliance of historically connected Christian Mission charities.. Worldshare Australia. Partners International (Conoda), CNEC (Singapore) and Partners (USA), with whom Worldshore works closely to achleve our charltable oblectlves. Worldshafe also has workln9 relatlonshlps wlth the followlng UK bosed grant maklng charltles who provided fundin for projects In 2025,. The Calleva FoundatSon, The Seven Flft Trust, Souter Charitoble rust Emmous Chrlstion Fund Medical Mission Network, Echo Internatlonal Health Care. Tlie Slavanka Trust and The Haramead Trust. All opgratlonal Trustees without F ollcles ond declsions are madg locally by the Worldshare Board of nfluence from ony related parties, School ol Allied Heallh Sclences Apart from volunteer tiusteos that ottended regular board meetlngs durlng 2025, Worldshare had one volunteer who worked In tho UK offlce undertaking odmlnlstratlve tasks. Tlie contiibutlon of volunteer worklng was 24 hours, CEOA EW ARAT DING VISIT OSPITAL, PAKISTAN K MANA EMENT: Worldshare malntalns a RSsks Re Ister, revlewed and updated by the trustees annually. of IdentSfied oporatlonal, personne, flnanclal, reputation and strategic rlsks. The maln rSsks faced at the present tlme ara,. contlnued financlal sustalnabllity and effocliveness to our minis y portnors in tho foce of the long-torm cost of1ivin crisis. and, as a relatSvely small char ty, the abillty to be heard a crowded Chris an mSssSon marketploce, The trustees are satlsfiecl that appropdate s stems and procedures are In lace to monltor, manage and where approprlate. ms1igate Worldshare's exposure to rhe maln rlsks Identlfled, os stoted In the strotoglc ond annuol plans, BENEFIT. In shoping our aCtiv￿leS for the year and plannlng our aclivitles, the Trustees have complied with their duty to have due regard to the Charity Commission's uidance on public benefit. including the guidance 'public benefit.. running a charity (PB 17 GRANT MAKING POLICY N GRANT MAKIN The CEO has delegated responsibility for grant making that falls within the overall flnancial plan that has been approved by the Trustee Boord. New portnerships or areas of work will require Trustee approval. Grants are made on the followlng basis.. To exlstlng mlnlstry partners wlth whom we have a relatlonshlp, A signed mlnlstry agreement Is in place whSch set5 Out the details of the relaffionship and oint responslt)Illtles. alongslde acting as a framework for annual plannlng and monltor ng. In the case of dlsostor rellef, where Worldshare does not have an exlsmno partner 'on the ground.. Woildshare moy make grants to Chrlstlan or anisotlons and churches who adhere to Worldshore's values and Statement o Faith and have been recommended by a trusted organisation. This will only occur where due diligence has been carried out, On the basls of a speciflc proposal, which descrlbes the need. roposed activlties, the assoclated costs and expected outcomes wtthln a redlc ed timeframe. Thls proposal must be consistent wlth our understandlng of rhe circumstances of the mlnlstry portner and thelr potontlal, Wa must also be oblo to see how the funds for this project can be rolsed. There must olso be o clear understandlng of how the project wlll beneflt the local church ond communlty. In exceptlonal clrcumstances, such as an emorgency sltuation following a natural or man-made dlsaster. the CEO can make o grant of up to £1 0.000 prlor to obtolnln Board opproval. All transfers are acknowledged once receSved and fSnancSal and reports are submltted at approprlate Intarlm perlods and w completed. The Chlef ExecutSve Off Icer and stoff wlll be In frequont contact wlth mlnlstry portn@r leaders and staff by emall, phone or vldeo call In order to monltor the progress of particulor projects. rogress monltorln en the project P HEALTH SCREENING MAF IN KOSOVO SOLAR LAMPS GIVEN t5 FAMILIES, MWMAR MAN CARED FOR BY HEAL AFRICA'S MERCY ND. DR CONG 18 FUNDRAISING STANDARDS FUNDRAISING STANDARDS INFORMATION: Worldshare is registered with the Fundraising Regulator and does not employ any exkernal rofessional fund-raisers or commercial participators. Our fundraising activities durin Chori 2&25 comprised of., standard app.eals, emergency appeals. Window magazine. ifts, supporter acquisition Instiatives, social media & Google ads, grant appllcatlons. legacy glvlng. and charlty events & sponsorshlp. All fundralslng actIvl￿e$ were Internally monltored to ensure they were fully compllant wlth the standards set out In the Code of FundraSsln PractSce. No complalnts were recelved by Worldshare or any person actlng on our ehalf iegardlng our fundraising activltles. T ACADEMIC AWARD WINNERS WORD OF HOPE, MYANMAR In rolation to protecting vulnerablo poople, Worldshare monitors. The number of donation requests to ensure they are not too frequent. The level of givlng of indlvldual supporters to identify any unusual activtty. Where an anomal or slgnlficant Increase Is detected, Worldshare staff will, where appropriate. underto e a welfare check with the donor to ensure that it has been mode Intentlonally full understandlng. If not. conslderation Is glven to returnlng the donation. 19 FINANCIAL REVIEW Thanks to the generoslty of our supporters, In 2025 Worldshare was able to continue Its projects across the world, issulng rants to our ministry contlnue to reach out. In the love o Pchrlst. to those aroun artners, enabllng thom to them. Our total income for the year was £571 K, £49K hlgher than that seen In 2024. Income Is mode up of donations received from a mixture of Individual donors, churches. grant-maklng trusts and corporate t)odies. and is given for a range of purposes. Throu h the oenerosity of these various donors, during 2025 Worldshare was able to support onoer term ongolng projects, and also other much needed projects as they arose durlng the year. Funds expended on charftable urposes were ￿84K (85%) of total Income. Th1$ 1$ 15% moro than 2024 levels. Mone ary grant payments sent lo our mlnL8try partners were £292K, being £85K (41%) more than in 2024. Expondilur• l•v•ls. oth•r than granls or ilt&in*ind s•nl to our mlnislry were 8% lower whon Compargd to 2021 Although infflalion across 202 artn•rs, roso by 3.4% thls was offset by cost savln admlnlslratlv• ar•as. The Flnance Sub- strategl•s employod across many ornmittee continues to meet regularly to review non- rant expendlture and works to mlnlmlse thls where It does not adversely Impact on efther our oblllty to support our overseos portners or Invast In future growth, Across 2025. the value of Worldshare's Investment fund Iner•as•d by £940. Funds are Invested In ethical funds only, wlth a prlmary oblectlve of long-teim capital growth. Durlng 2024, some income recolved was classifled as restrictod. This related to some Income recelved from trusts for partlcular projects. At th• •nd 012025, all thos• lunds wgro sont out In grants. The total of unrestiScted funds held at the end of the year were £122K. an Incr•as• of £16K on th• amount held at the end of 2024. As ot the end of 2025, the trustees have desl balance to be sent out In grants durlng 202 unrestricted genoral funds, nated £26K of the unrestrlcted fund Thls leaves a balance of £96K In 20 RESERVES LICY: The Board of Directors regularly review the Reserves Policy, to ensure o bolonce between spending on the charltable needs of our partner mlnlstrles and ensurln9 that Worldshare maintains o sufflcient level of free reserves so as to be able to continue its long-term operations. The policy sets out a minimum18vel of free reserves to be held. Fr&& reserves are defined as undesi noted General funds. less fixed assets. This is reviewed on an annuol t)asis. for eness and for re-calculation where needed. The Board of Worldshare has set this minimum level at the equivalent of three months. operational costs, being £60,000. These funds should be kept in an interest-bearing or income-generating account where po&slble. Where free reserves are below the mSnlmum level set, ttie board Implement a pollc enhanced monltorSng and. where practlcol. steps are taken to Increase the levels of I of ree reserves. Additionally, around £20,000 worklng copltal to fund the day-to-day operations Is requlred, Where amounts substantlally In excess of these two amounts are held. these should be designated for s ecific purposes. Exam les of these ore for projects where income has been recelved, ut giants not yet ma e, or to bulld a contingency fund to be used In the event of an International dlsaster. TAIL WAKI UQAN IN 1ST GIRL I* NEW PLAY ER'S HOUSE. GUATE AM FRE ERVE HELD: The current level of unrestrlcted general reseNes held Is £96K, wlth free reseNes avoilable ot £59K which is slightly below the level set by the Trustees. The Trustees continue to monitor these levels and set in place plans to increase them where appropriate. Hovin ievlewed the flnancial position. reseNe levels and the prSncipal rlsks facing World are, the Trustees feel that, whilst continuing to be a challen e, neither the Income or reserve levels cast any doubt onto Worldshare's ability o continue its activitles in tr)e foreseeable future and that there are sufficient levels of both for Worldshare to contlnue Its current o eratlons wlthout our mlnlstry partners abroad belng adversely affected. Accordingly, Phe accounts have been produced on a going concern tiasis. 21 w) DIRECTORS. RESPONSIBILITIES TEME IRE IBILIT The directors or& responsible for reparing the Directors, R@port and th& financial statements in accordance with opp icable law and regulatlons. Company low requires the directors to prepare finoncial statements for each flnancial year. Under that law the directors have elected to pre are the financial statements in accordance with the United Kingdom Generolly Accep ed Accounting Practice (United Klngdom Accountlng Standards and appllcable law), Under company law the Dlrectors must not approve the financlal statements unless they are satisfied that they give a true and falr vlew of the state of affalrs of the company and of the surplus or deficit of the charltablo company for thot period. In preparing thos8 financial statements, the directors are required to.. Select sultable accounting pollcles and then apply them conslstently. OL)serve the methods and prlnclples In the Chorltles SORP. Make judg@ments and estlmates that are reasonable and prudent, State whether appllcat)le UK accountlng standards have been followed. subject to any materlal departures dSsclosed and 6xplaln8d In the fSnanclal statements, Prepare the fSnanclal statements on the golng concern k)asls unless It Ss Inapproprlate to presume that the company wlll contlnue In operatlon, The directors are responslble for keeplng adequate accountSng records that are sufflcSent to show and explaln the charltable com any's transactlons and dlsclose wlth reasonable accuracy at on tlme the flnonclol poslt on of the charltable compony and enat)le them to ensure that tKe flnanclal statements compl wlth the Companles Act 2006. They are also responslble for sofe uarrtlng the assets o the chorltable compan and hence for taklng reasonable steps or the preventSon and det8ctlon of fraud and o¥her IrregulorltSes. Each of the persons who are directors at the tlmo when this Directors, Report Is approved has conflrmed that.. So far as the dSrectors are aware, there Is no relevant Informatlon of whlch the charltable company's Independent exominers are unaware, and Each dlrector has taken all the steps that ought to have been taken as a dlrector In order to be aware of any Informatlon needed by the choritable compon Independent examSners In connectlon wlth preparlng thelr report and to establ thot the choritable company's Independent examiners are aware of thot Informatlon. INDEPENDENT EXAMINER A resolutlon to re-appolnt Xelnadln Llmlted as Independent examSners was passed at the annual general m￿tIng. Approved by the dlrectors on 25th Aprll 2026 and slgned on thelr behalf by.. Neil Brl hton Wodds are Chair of Trustaes 22 ## C Docherty C Docherty (Jun 15, 2026 16:36:30 GMT+1) 15/06/2026 STATEMENT OF FINANCIAL ACTIVITIES Worldshare Stalemenl of Financial Actlvities For the year ended 31 December 2025 Ye•r ended jI￿et-15 P4otes Unrestrlrted Rtsti5ded Tth lunds lunds YEvren 314kp24 Tot fvnds fvnds IIKOME y+￿￿￿￿ry and knveStm￿tIn￿ Donatiah ithtome Lry•cies receNed Income tam rehjnded Interest rÈ<éived 467.343 55.i*>J 46.196 2.537 467.343 55.Q)) 46,196 2.Y37 4x725 33SLW 470.225 50,177 1.957 5q177 1957 Total kntome 571.076 571.076 33.5 522, EXPENt¥TVRE Costs of yneratkn8 funds 3S6 2A45 Ch•Alable ortivltkn 474.615 9.015 48Y.630 4ffj.468 21.610 42ZJ& Totsl expendkuit 555.213 9.015 564.228 478.824 24,485 w3.￿9 Unre•1￿￿ on I￿￿$trnents $7) 579 1.740 1.7rt7 14tt kncOmknd{ou￿0inIl1*￿Ur£tt betsrt ts*n51tr* 16.436 19.0151 7.421 Ji.896 9.015 20.911 Tran5ftrs *trtsss fvnds 17 Nel mo¥tment kn lunds 16.436 19.0151 7,421 11.896 9.015 20.911 ftECOPKIUAnc*4 OF FUNDS ollln(e5 brou8htforward at l Januory2025 ic6,010 9,015 I￿.025 91.114 91,114 8•tsthtes ￿lI1*d fonv•r04t JI Detembei 2025 15&17 122,446 122.446 i￿5,010 9,015 115.025 The stotemont of financial activities includes all gains ond losses recognised in the year, All income and expenditure derive from continuing activities, 24 STATEMENT OF FINANCIAL POSITION Worldshare stalemenl of Financial Position For the year ended 31 December 2025 Yeor*nded 31-Dtc-24 Total Jl-Oec-25 Nol•l FIXED ASSETS T•n¢ibkn •swsfw us• by th•¢h•rlty Inv•stm•nts 12.091 25.815 37.906 19,626 24.869 44,495 12 CURRENT A￿ET5 Oebtofs C•sh •t b•nk Ind ifi h•nd 13 9,013 86.808 95,821 7.510 74.885 82,395 CREDITORS.. AMOUNTS FALLING DUE WITHIN 14 111,2811 (11,805} ONE YEAR NET CVAReNT ASSETS 84.540 70,530 TOTAI ASSETS LE￿ CURRENT IIA8IIITIES 122.440 115.025 NET ASSÉTS 122,446 115,025 THE FUNDS OF THE CHARirY'. uThr•strirt+d inr•m• funds. ¢•n•r•l unr•strIct￿ In¢orn• funds- d*sS8n¥t•d Tot41 Vnr•5trlct•d In¢orne lurlds Is 96.546 25,9 122,446 50.350 106,010 11•5tr*t•d Inwme funds 17 9,015 TOTAI FUNDS 122,446 115,025 For the yeor endecl 31 December 2025. the company was entitled to exempff on from audlt under section 477 of the Companles Act 2006 relatlng to small componies. The directors have not requlied the company to ot)taln an audlt of Its accounts In accordance with saction 476 of tho Companles Act 2006, The dlrectors acknowle¢ge thelr responslbilltles for complying wlth the requlrements of the Act wlth respect to occountlng records and the preporatlon of accounts. These accounts have been prepared In accordance with the provisions applicable to componSes subject to the small companies regime. The notes on pages 27 to 38 form part of these accounts. Approv&d by the Council of Directors on tho 7" May 2026 and signed on their beholf by,. Neil Brighton Worldshare Dlrector and Chalr of Trustees 25 STATEMENT OF CASH FLOWS Worldshare Stalemenl of Cash Flows For the year ended 31 December 2025 Y•ai •nd 11-Dec-25 Y•gr¢nd¢d 31-Dec-24 Noi*s Total C•sh provld•d by •ttl¥ltl•s 21 9,465 31,Q)7 Cath flows from Investlnq •ctlvltl Intere5r Incorne 2,sa7 4957 113.6401 Pur¢h•s* of t•n¢lbl• flxed •ss•ts li C•sh In Inwstlthrf a¢ll¥llks 2A58 IJL6831 ID•(roa%eVkncrease In cash and tath equl¥•lents In the year 11.923 19.324 C•5h 4nd •quhf•hnts •1 Ihe b•8lnnkni ol th• y••r 74,88S $5,561 Total c•sh Ind c•sh equhT•ltntS at the end ol the year 86,808 74,885 26 NOTES TO THE FINANCIAL STATEMENTS Worldshare Not•s lo the Ilnanelal stal•m•nts For the year ended 31 December 2025 NTI IE The financlal statements hove been Reportino b Choritios,. Statement of Erepared in accordance with Accountlng ancl ecommended Proctico ap Iicabl& to charities preparing tKelr accounts in accordance with the Flnancial leportin standard ap Ilcat)le In the UK and Republlc of Ireland FRS 102 effectlve January 20 l) (Issued October secon ed tion issued March 2018) (Charlties SORP(Ff2s 102 the FlnoncSal Reportin the Chorltles Act 28 standord o plicoble In tha UK and the Republlc of Ireland (FR 102), Ilandthe ompanles Act 2006. The partlcular policies adopted by tho Directors are d@scrlbed bolow, a) Accounting convention Worldshare meets the deflnStlon of a publlc beneflt entlty under FRS 102. Assets and IlobS1itles are Inltlally recognlsed at hlstorlcal cost or transactlonal valu@ unless otherwlse stated In the relevant accountlng pollcy note(s). b) Preparation of the accounts on a golng concern basls The flnanclal statements have been prepared on the assumptlon that the chorlfy Ss a going concern. As at the daté of a proval, thè trustees are satisfied that thelr ongoing approach as descrlt)ed In th& dlrec ors, report, wlll ossure the charlty's ablllty to operate on a golng concern basls. c) Incomlng resources Income Is recognSsed when the charlty has entitlement to the funds. an conditions attoched to the Stem(s) of Income hove been met, it Ss pro ncome will be received and the amount can be measured rellably. For legacles. entlllement Is taken as the earller of the date on whlch elmer.. kne charlfy Is aware that probate hos been granted, the estate has been finalised and notificatSon has t)een made by the executor(s) to the charlty that a dlstrlbution wlll be made, or when a dlstrfbutlon Is recelved from the estate. Treceipt of a legacy. In whole or In part, Is only considered proboble when tho omount con t)e measured reliably and the charlty has been notlfled of the executor's Intentlon to make a dlstrlbutlon. Where legacles have been notified to the charity, or the chari criteria for income recognltion have no is oware of the granting of probate, and the contingent osset and disclosed if moterial, b￿n met. then the legacy Is treated as a performance abla that the 27 NOTES TO THE FINANCIAL STATEMENTS d) Gifts in kind Donated goods. services and facilities (gifts in kind), are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the the receipt of economlc beneflt by the charity or a project supported by the chority from the use of the Item Is probable and the economic benefit can measured reliably. In accordonce wlth the chari SORP (FRS102), general volunteer tlme Is not recognised. however Informatlon about the r contrlbutSon can be found in note 2 In the accounts. On recelpt. glfts in klnd are recognlsed on the basls of the value of the lft to the charlfy which is the amount the charity would have been willin services or facilities of equivalent economic bene topa too ain the goods, he open market.. a corresponding amount is then recognised in expenditure in the period of the gift in kind being delivered to a project, or becoming available for use by the chority (soo note 2). e) Interest rocelvable Interest on funds held on doposlt Is Included when rocelvable and the amount can be measured ielSably by the charlty. Thls Is upon notlflcatlon of the Interest paSd or payable by the bank, f) Funds accountlng Funds held by the charitable company are classlfied as follows',- Unrestrlcted @neral funds are funds which can be used In accordance wlth the company ob ects at the discretlon of the directors. Deslgnated unds are unrestricted funds set aside by the dSrectors out of generol funds for spoclflc future purposes or projects. estrlcted funds are funds that can only be usecl for partlcular restrtcted purposes wlthln the objects of the company. g) Resources expended and basls ol allocatlon ol costs Expenditure Is recoonlsed once there Is a le al or constructlve ot)Ilgatlon to make a payment to o third party. It is probable that se lement wlll be requlred and the amount of the obllgotion can be measurèd reliobly. Expendituro. which is char9ed on an accruals basls. is allocoted between.. expendlture incurred directly In relation to the chorltable actlvltSes,' expenditure incurred in generating funds,. and expendlture Incurred In the Governonce of the charlty. Includlng IndepencJant examination fees, certain le al and professional fees and a proportlon of management costs considered o be involved in governance issues. Irrecoverable VAT Is charged as a cost agalnst the actlvlty for whlch the expendlture Is Incurred. 28 NOTES TO THE FINANCIAL STATEMENTS h) Apportionment ol costs Costs are apportioned dlrectSy to the relevont charitoble activities where possible or otherwlse on the basls of Income or staff tlme. Penslon costs are op ortioned In pro ortion to the relevant staffing costs Incurred. and are charged on the asis flrstly of sta time. and secondly of income. l) Grants payable Grants poyoble to WorldShar6 partner orgonisations are mode in furtherar)ce of tho charlty's ot)jectives. Grants are recognlsed as ex enditure when the payment Is made to the partner orgonlsotion In occordance with orldshare's partnership agreements ond In Ilne with partner performance. J) Tanglble flxed assets and depreclatlon Tangible flxed assets are recognlsed where thelr cost Is In excess of £1 00. and are stated at cost less depreclotion, Dopr@ciation Is provided at rates to write off the cost less ony resldual value of each asset over Its expected useful Ilfe as follows,. Computer equlpment 20% Stralght Ilne Fuinlture ond flttlngs 20% Stralght Ilne Offlce equlpment 20% Stral ht Ilne Promotlons equlpment 20% & 33% stralght Ilne k) Flxed Asset Investments Investments In shores are Inltlolly recognlsed at the tronsactlon rlce less costs, Subsequent measurement Is at falr value, where the shares are publlc y traded or thelr foSr value can be measured rellably. Any materlal Sur In folr volue is recognlsed In the Statement of Flnancla lus or deflclt arSslng from changes Actlvltles, 1> Stock . glfts In klnd Sales stock, where held, Is valued at the lower of cost and net realisable value. Durlng the yeor, followSng advice from our Independent examiners, the declsion was taken to no longer recognlse statlonery stock levels as the value of stock held is mSnlmal. m) Debtors Trade and other debtors ore recognlsed at the settlement amount due after any trade discounts. Prepayments are valued at the amount prepaid net of any trade discounts due. Income tax recoverable is valued ot the amount recoverable but not yet received on donatlons recelved during the year. 29 NOTES TO THE FINANCIAL STATEMENTS n) Forelgn currencles Revenues and costs expressed in foreign currencies are translated into sterling at rates of exchange rulin9. on the dates on which the transactions occur. except for monetary assets ond liabilities which are translated at the rate ruling at the L)alance sheet date. Dlfferences arlslng on the translatlon of such Items ore dealt wlth In the statement of financial actlvlties. o) Operating leases Rentals payable under operatlng leases are charged on a stralght Ilne basls over the terms of the leases. P) Taxation The company, belng a reglstered charlty, Is exempt from any Ilablllty to toxatlon on Its charltable Income and capltal galns. Income tox recoverable on donatlons Is treated as belng recelvable in the year in whlch the corresponding Income Is rgceSved. q) Penslon costs The ension costs charged In the financial statements re resent the contr t)utlons payable by the company durlng the year (see note F8). Where gSfts kind are recelved, these amounts are Included In other Income. There were no glfts In kind recelved durlng 2025 (2024- nll). Also included in other income Is sales Incom•. Durlng 2025 sales In¢om• of £ Nll was recoived (2024- £121>. Worldshore recognises the time given up by volunteers, and the benefit of this to the charlty Itself. Altliough not Included as income In the financlal statements, an attempt has bèen made to put a value on this time, In 2025, 40 hours of volunteer time was given, with a beneflt to Worldshare of over fA88 (2024 - £432). 30 NOTES TO THE FINANCIAL STATEMENTS 3. SUMMARY ANALYSIS OF EXPENDITURE ON CHARITABLE ACTIVITIES Yt•r JI Otcémber 202S Unwestrltt*d Restrkted fvnds fvnds Yeorertded 314kc.24 Total Not• A$￿St•nrt In minlstry resoyrres Chlldald and related qrants Mln15try. proied emer¢en¢y ftllel ¢r•nts 53,388 229.171 282,SSg 53,J88 238,171 291,559 46,005 160.920 2thS,931 er CharIta￿e EX￿￿KIltUw+ Oir•rt minlstry costs Mlnlstry support costs 6ov¢rn•fit* & support ¢¢xs 15 3.710 169,240 19.121 S.188 185,841 24.1 169,240 19.121 474,615 9,015 483,630 422.108 Asslstance In mlnlslry resources The above amounts for asslstance in mlnistry resources Indlcote grants klncl to IndlvSdual partner mlnlstrles to enable theSr octivltles to fu charitable purposes (see also note 8). aid In cash or In fll thelr and our Dlrecl mlnlstry costs Indlcates the dlrect cost of octlvltles conducted to the speclflc beneflt of our partner mlnistrles, other than the maklng of grants, Mlnlstry support cosls Indlcates the cost of all other octlvltles In support of our partner mSnlstrles. These actlvltles are focused on building their copacity to increase the scale or quality of their work. Governance & Support costs Indlcates the dlrect cost of octlvities that enable Worldshare to continue to operate as a charitable company, but are not dlrectly charitable activities. These costs include Governance costs incurred. as well as costs relatlng to fSnance. po roll Hf2. professional fees, and a proportion of costs relating to staff time, premises an other office based costs. These are ollocated on a basls of tlme spent or resources used. 31 NOTES TO THE FINANCIAL STATEMENTS 4. ANALYSIS OF RESOURCES EXPENDED ON CHARITABLE EXPENDITURE y￿r ¢nd•l 31-D*c.25 Ye•renOt 31.L*.24 GrnntslG4fts In swt M1Dlsiryw￿t$3nd sei ￿P(0$15 Mlnlsiry lnlrallr￿u1e Impffjwewt￿thher dlrea costs 291.559 3.426 2ffj931 4.716 210 Stafl costs Tro¥el Pv*ffllSeStosts Olfi¢e expenses ith¢ludln8