RELEASE INTERNATIONAL voice of Persecuted Christians Trustees, Annual Report and Financial Statements For the year ended 31 December 2025 Company Limited by Guarantee1015065761 Rc8lStered Charity in England and Wales12805771 Registered Charity in Scotland ISC0404561 RELEASE INTERNATIONAL REPORT AND ACCOUNTS YEAR ENDED 31 DECEMBER 2025 Contents Company Information ............... . Trustees, Annual Report............................................................... ..... .. Independent Auditorfs Report.............................................................12 Statement of Financial Activities for year ended 31" December 2025..17 Balance Sheet at 31" December 2025..................................................18 Cash Flow Statement........................................ . 19 Notes to the Financial Statements.................... ..20 RELEASE INTERNATIONAL REPORT AND ACCOUNTS YEAR ENDED 31 DECEMBER 2025 COMPANY INFORMATION The trustees of the Charity are also the Company's directors for the purposes of company law. Trustees/Dlrectors David Amiond CBE QPM David Bentley Rev Dr Berhane Asmelash Janet Crick Danielle Face Robert Karami Martin Print Sarah Shearer FCA Andrew Wayland Christopher Perkins Ann Saunders Chair of trustees (Resigned 20 June 20251 Chair of trustees (Appointed 20 June 20251 Iresigned l April 20251 Vice-chair of trustees (resigned 13 March 20251 Appointed 19 June 2025 Appointed 17 September 2025 Executive leadership: Christopher Badlev Lynnette Feist Paul Robinson Nick Bending Director of International Ministrie5 Director of Personnel & Internal Operations (To 30 April 20251 Chief Executive Off1cer Chief Operating Officer IAppointed 17 March 20251 Charity registration number: 280577 Company registration number: 01506576 Scottish Charity reElStration number: SC040456 Registered office: Betchworth House, 57-65 Station Road, Redhill, Surreyi RHI IDL. IFor security reasons, 05 we work with mony people under threot ol intimidation, violence or detention. our registered oddress is our ouditorfs Surrey office.) Audltor5: Moore Kingston Smith LLP, 9 Appold Street, London, EC2A 2AP Bankers: CAF Bank Limited, 25 Kings Hill Avenue, Kin8s Hill, West Malling, ME19 4JQ 50licitors: Edward Connor. 10 The Point, Market Harborough, LE16 7QU Pa8e 3 of 30 RELEASE INTERNATIONAL REPORT AND ACCOUNTS YEAR ENDED 31 DECEMBER 2025 TRUSTEES. ANNUAL REPORT The trustees, who are the charity's directors for the purposes of company law. have pleasure in submitting the Report and Accounis for the year starring on l January 2025 and entting 31 December 2025. The trustees have adopted the Provisions of the Statement of Recommended Practice= Accounting and Reporting by Charities agplicable to charities preparing the financial slatements following the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and comply with the charity's governing document, Comparsies Att and the Charities Act 2011. Charitable Objects The chariry is a charitable company and is governed by it5 Articles of Association. The objects of the charity, as set out in the governing document are.. Tn advHnrp thp Chri4tian fhith in ac.r.nrdanr.p with thp StAtpmpnt nf Faith and Fthos Statement The relief of poverty and other hardship. need or distress, for those who are suffering persecution or marginalisation for their Christian beliefs, and their families, by providing support and assistance To further the charitable work of the Charity by the advancement of such other charitable purposes as the trustees shall from time to time decide, provided such purposes are con515tent with the Statement of Faith and Ethos Statement. The Objects are to be carried out as a proclamation of the Christian beliefs set out in our Statement of Faith, which is available on our web51te= releaseinternational.org. How our Actl¥ities Deliver Public Benefit The Trustees confirm they have complied with the dvty in Section 17 of the Charities Act 2011 to have due regard to public benefit guidance published by the Charity Commission. Around the world, Release International seeks to prayerfully, pastorally, and practically help those who are persecuted for their faith in Jesus Christ and, in the UK and Ireland, to help Christians, churches, faith-ba5ed organi5ations, and the general public understand and engage with the reality of persecution. Those who benefit from our activities are Christians globally whose religious freedoms have been curtailed or abused, and any member of the public wanting to be educated about the circumstances of persecuted Christians andlor become involved in supporting and helping them. Our approach stems from our Charitable Objects. The Trustees consider Release Intern3tional's, Calling, Mission, and Operational Strategies fulfil the duty and are confident the Charitable Company's actwities are deliverin8 public benefit. Summary of the Charity's main artivities and a¢hi¢vements Giving them the T(￿LS. they need to livefvrJesu5 Chn5t Release International delivers the international aspects of its ministry by working in-country through local churches or organisations, with whom we have established formal partnership5. Where possible these partners are indigenous to the area in which our Ministry operates, but sometimes the work 15 carried out through Non-Government Organi$3tions INGOsl where they are well connected with the local church. These partnerships fom) the main connections between Release International and persecuted Christian communities. The very nature of this work makes it difficult to report on wiihout endangering those being seNed. However, we can share some stories that demonstrate what we've being doing to benefit persecuted Christians overseas. History has shown that persecution come5 and goes around the world. There are a variety of different types vage 4 of*) RELEASE INTERNATIONAL REPORT AND ACCOUNTS YEAR ENDED 31 DECEMBER 2025 of per5ecutors. who liave V4aFiEd rea5on5 ft)r per5ecutiri8. No matter who, when or where, the Intenslty of persecution in the Christian life can be likened io the radio frequenry spectrum.. at one end, Christians face a high frequency of terrible persecution, at the other end occurrences are rare and Christians pay little or no cost for following Christ, Our international ministry is focused on live5 being impacted at the high frequency end of the persecution spectrum. Our own taxonomy of persecution is used LO eiisure we do all prayerfully, pastorally, and practically, help.. Families of Christian MARTYRS PRISONERS of faith and their families Christians suffering OPPRESSION and violence Christians forced to FLEE PERSECUTION SPECTRUM Higherfrequency HiKherene Ltrwef freguency L¢Mer energy Having ministered to and with Christians at this high end of the persecution spectrum, we are then able to continue presenting the first-person VOICE of persecution to those at the lower end of the spectrum, with the hope and prayef that they will become engaged with those suffering and be better prepared should thev face serious persecution themselves12 Tim 3..121. Our approach to internotional ministry continues to be prayerful. pastoral and practical. In 2025 we were able to practise the ministry of presence, that is, meet in person and enter into fellowship with persecuted Christians in countries Such a5 Tanzania, E8yPt, Ethiopia, Iraq, Laos, Nigeria, Pakistan, as well as other more sensitive areas. Raising their VOICE Four editions of VOICE magazine were delivered on schedule in 2025. The leading features focused on Egypi, Laos, Pakistan Christians in Malaysia, ar)d Nigeria, respectively. As usual, the first edition included our annual Persecution Trends Report, for which we received good coverage over the Christmas/New Year period in the Christian media. In addition, thc magatine had its first redesisn for several years, for the R131 ljul September) edition. We published eight podcasts during the year. The content Was qulte varied, including partners, staff members who had been on trips, a book-launch webinar, an International Day of Prayer for the Persecuted IIDOPI tour speaker and a supporter who had retorded a fundraising music CD. In March the Head of Theology and Media, Kenneth Harrod, was part of a small Release International team that visited our sister ministry in the US, to examine and learn from their various media activities and strategies. 2025 also saw the beginnings of a relationship with the Christian consulting firm Yeomans. The combination of these initiatives saw two significant developments in the second half of the year. First, we developed a new email Strategy. New Mailchimp templates provided by a Yeomans designer have 8reatlv improved the appearance of emails we send out. Second, a suite of templates was provided by Yeomans for our Social Media and Film Officef. Social media posting increased considerably during the second half of the year. In June we published the book Providence ond Persecution. It features a Foreword by North American Old Testament scholar Dr Stephen G Dempster and an Atterword by ICA colleague Petr Jasek. Commendation5 were written by John Stevens (National Dirertor, FIECI, Ben Kwashi IArchbishop, Nigerial, Andy Lines (Bishop, AMIE) and Paul Robinson. Reviews have been encouraEing. On the back of a presentation of the book at a Staff Day it was suggested we consider the way we now have a 'trilogy' of books on persecution. As a result, it was a8reed that Kenneth Harrod embark on a revision of the two earlier books, Promise ond Persecution and Jors olcloy (the latter to be renamed Power ond Persecution). Page S of 30 RELEASE INTERNATIONAL REPORT AND ACCOUNTS YEAR ENDED 31 DECEMBER 2025 On a recommendztion Release International became a membcr of thc Evangclical network Affinity in 2025. We have contributed monthly prayer items and occasional event-related articles. In addition, relationships through this network yielded two great opportunities: in 2026 we will be leading one of the evening plenary meetings at the inaugural Rising Lights collference (which has, effectively, replaced WordAIivEI,' and Kenneth Harrod has been invited to be a speaker at the biennial Theological Study Confererlce in March 2027. Throughout the course of 2025 the Regional Voice team continued to initiate and develop strong relationships Wlth individual churches and church networks across multiple denominations in the UK. deliverins 179 speakins engagements, of which 91 were first time connections. The Church of Scotland Guild partnership entered it5 first year of fundraising and re6ular speaking engagements. We delivered talks to 57 local and regional groups and received more than £24,000 from the central fund for the Operation Hope project in Egypt. Our fruitful partnership with Artle55 Theatre Company corscluded in 2025 after delivering a total of 80 performances. The firbale event took place in Kensington Temple church in London and was attended by around 350 people including Petr Jasek, whose story is told by the play, and who participated in a Q&A with the audience afterwards. To accompany the launch of our new book Providence ond Persecution we delivered an online panel di5CU55ion event with CEO Paul Robinson, Head of Theolo8y ond Media, Kenneth Harrod, and special guests John Stevens IFIEC National Directorl and Archbishop Ben Kwashi. The discussion was very rich and helpfijl. We developed a more coordinated approach to the International Day of Prayer for the Persecuted Church in 2025 producing a series of church resources on the theme Postors Under Pressure. This accompanied our IDOP film shot in Sri Lanka earlier in the year. The film was widely viewed by churches across the country. As part of our IDOP focus we invited former prisoner of faith Andrew Brunson to speak in 7 venues across the country. He shared a powerful message reflecting on his own experience of persecution and encouraging those who heard him to prepare to stand in difficult times. Almost 1,000 people attended our events. Exhibiting at Christian conferences and festivals continued to be a frultful element of our engagement 5tratesY In 2025. We developed a new exhibition presentation focused on the theme of supporting the families of Christian martyrs with a particular emphasis on Nigeria. We exhibited at Spring Harvest Skegness and Minehead, Bible by the Beach, Big Church Festival, Keswick Port Stewart, ReFuel, EMW Aberystwyth, Bangor Worldwide, and several regional day conferences. We also renewed our partnership with New Wine where we sponsored the Food Court tent serving and sellirTrg Hazaq Coffee as well as having an exhibition hut. A new focus in 202J saw us exhibit at several church leaders, conferences includin8 the Elim Summit, Baptist Assembly and FIEC. These were strategic opportunities to meet many leaders across these network5. We continued to engage with Trust funds throughout the year maintaining funding from several and reengaging others with new applications. Future plans Giving them the 7OOLS' they need to liveforjesus Christ The prlmary role of our international partner5 IS to extend the kingdom of God and His loving care in their communities, whatever the situation they may face. We will continue to support them by listening to their VOICE aiid so piovidifig persecuted ClirSstiaris will) tlie 'TOOL5' Lhey dsk loi l(Tr Itve rllvie fully fur Je5U5 and fulfil the Great Commission (Matthew 28.16-201. We w411 continue to V151t our partner5, pract15inB our ministry of presence, encouraging them in their callings, sharinE in fellowship and hearing their VOICE. We will continue to develop and monitor project5 Wlth them that ensure the gospel of Christ will be proclaimed in the hardest places around the world. Page 60130 RELEASE INTERNATIONAL REPORT AND ACCOUNTS YEAR ENDED 31 DECEMBER 2025 More Chri5tian5 are martyred in NigerSa Lhan aiiywliere else in the world, and we wlll continue to support their families and other survivors of violent attacks against Christian communities. We will also continue to 5UPPOrt their work of spreading the gospel of Christ, despite the extreme danger ènd hardship they face. Other Christians continue to face imprisonment because of their faith- an ongoing trend which continues in Eritrea and other places such as Iran and North Korea. We will remain in prayer for them and their families. Many will need practical support, and our projects will aim to provide some of their needs. Many Christians will still need to flee from their homes because of persecution, especially in Africa, the Middle East, and South Asia. Some will be forced into hiding. They will be held up in prayer durin8 2026 and we will work towards finding them new places to settle where they can live out their lives for Christ in safety. As has been true for 57 years, Release International will remain committed to developing the bonds of fellowship we have with our persecuted brothers and sisters aiming to deliver, during 2026, over 60 projects in more than 30 countries. As persecution in those countries continues, we will be creative and flexible in ensuring we provide the support and YOOLS, persecuted believers ask for and need. Raising their VOICE In many ways, 2025 was a transitional year and one in which considerable progress was made. In 2026 we will be featured at Rising Lights in April lsee above). We a150 plan to publish the revisions to Promise and Persecution and to Jars of Cloy/PowerondPer5ecution and, because of low stock numbers, are contemplating working on a new-look edition of Torturedfor Christ lin the secor¢d half of the year). A media trip to Ethiopia in February/March will yield material for this yearfs IDOP campaign. DevelopinE a more strategic approach to social media will be one of the key aims thi5 year. The Head of Theology and Media Voice will be working with the Head of Regional Voice Ministry and their respective team members on this. More work is also planned on the website. Considerable work is a150 envisaged, across all media platforms, moving over to and promoting the planned name change in 2026. Meeting with real people is just os important to us in the UK as it is overseas. We will further develop our church engagement, reaching into individual churches, church networks, denominations and leadership groups to raise the prophetic VOICE of persecuted believers. For 2026 we have developed an overarching engagement theme.. Light in the dorkest ploces. The theme creates a broad framework which allows us to tell a compelling story about our ministry across the majority of our outputs. It enables us to talk specifically about the missional aspect of our work with persecuted Christians who are Shining ChrisY5 light in some of the most hostile parts of the world. In connection with this theme, CEO Paul Robinson is leading the Light Wolk Chollenge to raise funds and awarene55. Along with around 25 supporters he will carry a large wooden cross to the top of England's highest peak, Scafell Pike, in thè middle of thé night. We arm to raise £25,000 in sponsor=hip. Building on this event, we will encourage individual churches to organise their own local Light Walk events. Our exhibition presentation will also pick up this theme, and we are planning to exhibit at a similar range of conferences as in 2025 including New Wine, Big Church Festival and the Keswick Convention. Additionally, we have been invited to participate in one of the main evening celebrations at the inaugural Rising Lights conference organised by FIEC. This is an exciting and strategic opportunity to powerfully engage with a large audience. We will also continue to build our er7gagement into church networks by attending various leader conferencè. Our Church of Scotland Guild partnership will continije into its second year where we expect to fulfil a similar number of engagements and receive a Similar level of income. Following the success of the If Prison Wolls CouldSpe(Jk production, we expect to finalise a script and launch a new production in partnership with another major Christian theatre company in the autumn of 2026. Pège 7 of 30 RELEASE INTERNATIONAL REPORT AND ACCOUNTS YEAR ENDED 31 DECEMBER 2025 The International Day of Prayer IIDOPI will again play a significant part in our effort to raise the VOICE in 2026. We will produce a range of high-quality church resources to accompany our IDOP film, and we are planning a speaker tour with an Ethiopian partner. In order to maximise in person contact with supporters we are a150 planning a series of regional supporter events. Structure. Govemance and Management Release International 15 a Christian Ministry, registered as a Charity ènd regulated by the Charily Commission for England and Wales, It is also re8lStered with the Office of ihe Scottish Charity Regulator. It 15 coristituted s o Company limited by 8uarantee. The Company operates under its Articles of Association, which were updated in April 2022. Release International w3s founded in 1968 as thÈ Christian Mission to the Communist World. legally changing its name to Release International in June 2017. During 2025. the decislon was taken by the Boar(l of Trustees, after a period of investigation, risk analysis, and planning, to introduce a working name for Release International's work in the UK. The aim of introducing the working name is in response to supporter confusion about who we arè and what we do as Release International. The new working name of Voice of Persecuted Christians provides clarity of the charity's purpose for both new and existinE supporters. The working name was registered wlth the Charity Commission in December 2025, and the Dame will be communicated to supporters in 2026. The Board of Trustees normally meets four time5 each year and administers the Charity through its committees, sub-committees and workgroups. The Strategic Leadership Team holds executive responsibility for impleTnenting the policies and strate8ies approved by the Board, and the Chief Executive Officer ICEOI, appointed by the Board, manages the day-to- day operations of the Company. The Board ha5 an established process for identifying and interviewing potential new Trustees. Vacancies are identified where there are gaps in experience and skills. All prospedive Trustees will be practising Christians, who uphold Release International's Statement of Faith, Eth05 Statement. and Trustee Code of Conduct. Nominations arising from this process are considered by the Board as a whole and they may subsequently be invited to join the Board. Trustees serve no minimum or maximum terms of service but retire by rotation with the opportunity to stand for re-election. New Trustees 80 throu8h an induction and trainin8 process to familiarise them with Release International, the persecution sector, and their responsibilities as Trustees and Directors under Charity and Company law. New Trustees are referred to the Charity Commission's 8uide, The Essential Trustee ICC31, and they also meet with the Leadership Team and other Trustees. Each year the Chair and the CEO plan a￿aS for trustee training which, with the Board's agreement, are covered in conjunction with other meetings. Risk Management The Board recognises that avoldlng and mitlgating risk rs better than simply being covered by insurance. Release International operates a risk management strategy, which identifies generic risks which are reviewed annually. Dynamic or current risk5 are assessed and reported each quarter, together with strategies to mitigate those risks. This approach has proved helpful in focusing attention on areas which require addttional monitoring or action. A major risk to the Ministry is a significant reduction in income. The fact that our income sources are spread over many individuals and churches mitigates the likelihood of a sudden dramatic change, but we monitor this risk closely. Accordingly, our financial and data systems assess income weekly and Month￿ to identify arby significant variation and to determine if Specific action is required. As for all org3nTrs3tions, there is 3 signifi¢¥nt risk of a malicious attack on our IT systems. This is mitigated by security measures, including pro-8ctive testing. Staff are regularly trained and reminded about IT security, va8e o of 3V RELEASE INTERNATIONAL REPORT AND ACCOUNTS YEAR ENDED 31 DECEMBER 2025 particularly phishing attacks. Due to the noture of the Ministry, there is a risk when travelling to visit partners in contexts where they are being persetuted. Thi5 15 mitigated by extensive pre-trip briefing and security trainin& and good communication with partners to assess the current Sltuation. Financial Review Year ended 31st December 2025 We thank God for Hi5 provi5i0n tlirou811 our niariy loiiliful suppvrttr5. The Tru5tee5 expre5S thelr gratltude for this continuing generosity. Donations excluding ICA partners rose by 12% to £2,616k12024.. £2,318kl and donations from ICA partners decreased by 1% 10 £612k12024- £619kl, virtually maintaining the generous support seen in 2024 by our fellow ICA ministries. Unresir iilrij doniilion5 frtjm individua15, churches, Iru5t5 and legacle5 rose by 30% to £2,173k12024: £1,670kl and restricted donations rose by 17% 10 £851k12024: £724kl. Total income for the year was £3,729k 12024- £3,098kl. with total unrestricted income of £2.265k and restricted income of £1,463k. Total expenditure fell by 4% to £3,159k12024- £3,293kl. The expenditure on grants to international partner5 rose by 6% to £1,285k12024." £1,204kl. Staff cost5 fell by 19% to £1,096k12024- £1,359kl. There was no pay increase for staff members during the 2025 period. The Board has agreed a 3% pay increase for 2026 applied to all members of the Release International team. Balancing income and expenditure 2025 saw the provision of good income and well managed costs across the ministry. That lead to an overall surplu5 in income of £570k. This level of Surplus will, in line with the Ministry objectives, be put towards furthering the work of Release International both overseas and in the UK. The budget for 2026 has been set as a balanced budget, with the Ministry working to live within our means. Grants Policy A significant proportion of the overseas work of the Ministry is carried out through partners local to areas of persecution that are usually indigenous. Grants are made for specific named purpose5 to partners that share our objertives. Receipts and reports of the work cariied out are obtained. Staff members carry out visits to evaluate potential projects, monitor exisiirJg projects, and assess the outcome of completed projects on a sample basis. Reserves Policy After considering the Charity Commission's guidance CC19 (Charities and Reservesl the Trustees have agreed to maintain a 'range' as the basis for the level of General funds, which are 'free feserye￿. Currently the reserves policy slates that this range is set to between £400k to £500k. This continues to allow the Mirtristry to maintain operations if donations from individuals and Churches dropped by 10 -15% from current levels and income from legacies dropped by 20%. The Trustees also agreed at the December 2021 Board meeting to designate £250k as a property reseNe Page 9 of30 RELEASE INTERNATIONAL REPORT AND ACCOUNTS YEAR ENDED 31 DECEMBER 2025 which was the value paid for the long leasp. nf thg. nfFicp in se.ptember 2021_ The free reserves as at 31st December 2025, amounted to £1,074k12024= £457kl, which 15 139% above the target range mid-point. Trustees deemed this to be a good posltion and a welcome provision and that this figure would be reduced over the coming 12 months through enhanced activity both internationally and within the UK fijrthering the work of the ministry. Investment Policy Income is largely received throuEh voluntary donation5 and cannot be guaranteed. The Ministry has no permanent endowment. The only funds that are not expendable within 12 month5 of receipt are those held for reserves or money associated with international project5 that remain active beyond the year end. The Board has considefed this posilion and seek5 to place funds in savings accounts to achieve a balance between accessibility and higher retums. Funds may be invested in account5 Wlth up to 12 months, notice, but it is not considered prudent at thi5 time to invest income for the longer term. The fund5 are now spread across four institutions: Barclays. CAF Bank, Metro Bank and FlaBstone Group Ltd., a cash deposit platform, who survey market deposlt rates and facllitate the placing of deposits with banking institutions. Pay for key management personnel All Trustees give their time voluntarily and receive no remuneration from the charitable Company as Trustees (Rev Dr B. Asmelash is paid a retainer as a consultant on Eritrea.. see note 8, page 211. Expenses reimbursed to Trustees ale disclosed in note 8, page 21. The key management personnel in char8e of directing and running the operation5 of the Charity comprise Ll)e 51f4*LegiL Leadersliip Teain, as set vut vri Pilge 3 vf ihi5 report. S*ildrie5 fDr a115ttiff, including key management staff. are determined on appointment to the post in line with Release International's agreed 5- level salary banding, and in line with the requirements and responsibilities of the role. All roles are reviewed annually through the appraisal system to ensure that any significant changes which may affect remuneration are addressed. The Trustees periodically carry out a review of all salaries across the Ministry, through a benchmarking exercise, to ensure that they remain reasonable and competitive. Trustees, Re5ponslbllltle5 In Relatlon to the Flnanclal Statements The trustees are responsible for preparing the Trustees, Report and the financial statements in accordance with applicable law and regulations. The accounts in thi5 report have been prepared in accordance with the special provisions of Part 1-5 of the Companies Act 2006 relatin8 to small companies. Company law require5 the trustees to ensure financial statements are prepared for each financial year. Under that law, the trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice Iunited Kingdom Accounting Standards and applicable law}. Under company law, the trustees must not approve the financial statements unless they are satisfied that they give true and fair view of the state of affalrs of the Company and of the income and expenditure of the Company for that period. In preparing these financial ststements, the trustees are required to- Select suitable accounting policies and apply them consistentty- Make judgements and accounting estimates that are reasonable and prudent; Observe the method5 and principles in the Charities SORP; Comply with applicable UK Accounting Standards. These have been followed, subject to any material departures disclosed and explained in the financial statements; Prepare the financial statements on the going concern basis, unless it is inappropriate to presume that the charitable Company will continue its operations. The Trustees are responsible for keeping proper accounting records, which are sufficient to show and explaln Pa8e 10 of30 RELEASE INTERNATIONAL REPORT AND ACCOUNTS YEAR ENDED 31 DECEMBER 2025 the Company's tr¢lnSdCtions and di5c105e with reasonable accuracy at any tlme the financial position of the charitable Company and enable them to ensure that the financial 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 of fraud and other irregularities. The Trustees are committed to compliance with the Charity Governonce Code. So far as the Trustees are aware, there is no relevant information that the Company's auditors are not aware of, and each Trustee has taken all the steps necessary to ensure they are aware of any relevant information, and to establish that the Company's auditors are aware of the information. Auditors The financial statements comply with current statutory requirements, the Articles of Association, the Companies Act 2006 and the Charities SORP IFRS 1021. IY.Cb. This report was approved by the Board on .........................and 518ned on its behalf by: avid Bentley Chair of Trus Page 11 of 30 RELEASE INTERNATIONAL REPORT AND ACCOUNTS YEAR ENDED 31 DECEMBER 2025 INDEPENDENT AUDITOR'S REPORT Independent Auditorfs Report to the Members of Release International Opinion We have audited the financial statements of Release International I'the charitable company, for the year ended 31 December 2025 which comprise the Statement of Financial Artivities, the Balance Sheet, the Statement of Cash Flows and notes to the finoncial statements, including a summary of significant accounting policies. Thè financial reporting fr>mework that has been applied in their preparation is applicable law and United Kingdom Accounting St3ndards, including FRS 102 The Financial Reporting Standard Applicable in the UK and Ireland, (United Kingdom Generally Accepted Accounting Praciicel. In our opinion the financial statements.. glve a true and fair view of the state of the charitable companls affairs as at 31 December 2025 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended," have been properly prepared in accordance with United Kingdom Generally Accepted AccountinB Practi￿,. and have been prepared in accordance with the requirements of the Companies Act 2006, the Charities and Trustee Snvestment Iscotlandl Act 2005 las amended), regulations 6 and 8 of the Charities Accounts IScotland} Regulations 2(XJ6 las amended) and the Charities Act 2011. Basis for oplnlon We conducted our audit in accordance with International Standards on Auditing IUKI IISASIUKII and applicable law. Our responsibilities under those standards are further described In the Auditorfs Responsibilities for the audit of financial statements section of our report. We are independent of the Corporation in accordance with the ethical requirements that are relevant to our audit of the financial statemènts in the UK, including the FRC'S Ethical Standard. and the provisions available for audits of small entitie5, in the circumstances set out in note 8 of the financial statements and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basi5 for our opinion. Concluslons relating to going concern In auditlng the financial statements, we have concluded that the trustees. use of the going concern basis of accotjnting in the preparation of the financial statement5 is appropriate. Based on the work we have performed, we have not identified any materi31 uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant Sections of this report. Other informatlon The other Informatlon comprises the information included in the annual report, other than the financial statements and our auditorf5 report thereon. The trustees are responsible for the other information. Our Page 12 of 30 RELEASE INTERNATIONAL REPORT AND ACCOUNTS YEAR ENDED 31 DECEMBER 2025 INDEPENDENT AUDITOWS REPORT opinion on the financial statements does not coverthe other information and, except to the extent othernvise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to detemiine whether there Is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other informalion, we are required to report that fact. We have nothing to report in this regard. Opinions on other matters prescribed bythe Companies Act 2006 In our oplnlon, base(J on the work undertaken in the ¢our5e of the audit.. the information given in the trustees, annual report for the financial year for which the financial statements are prepared is consistent with the financial statements,. and the trustees. annual report have been prepared in actordance with applicable legal requirements. Matters on which we are required to report by exception In the light of the knowledge and understanding of the charitable tompany and it5 environment obtained in the course of the audit, we have not identified material misstatements in the trustees, annual report. We have noihing to report in respect of the following matters where the Companies Act 2006, the Charities Accounts Iscotlandl Regulations 2006 las amended) and the Charities Act 2011 require us to report to you if, in our opinion: the charitable company has not kept adequate and sufficient accounting records, or returns odequate for our audit have not been received from branche5 not visited by us,. or the finantial Statements are not in agreement with the accounting records afid returns,. or certain disc105ures of trustees, remuneration specified by law are not made. or we have not received all the infom)ation and explanations we require for our audit, or the trustees were not entitled to prepare the financial statements in accordance with the small companies, regime and take advantage of the small companies, exemption in preparing the Trustee5' Annual Report and from preparing a Strategic Report. Responsibilities of trustees As explained more fully in the trustees, responsibilities statement set out on page 11, the trustees (who are also the directors of the charitable company for the purposes of company lawl are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine 15 necessary to enable the preparation of financial Statements that are free from material misstatement, whether due to fraud or error. Page 130*30 RELEASE INTERNATIONAL REPORT AND ACCOUNTS YEAR ENDED 31 DECEMBER 2025 INDEPENDENT AUDITOR'S REPORT In preparing the financial statements, the trustees are responsible for assessing the charitable company's ability to continue a5 a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable tompany or to cease operations, or have no realistic alternative but to do so. Auditorfs responsibilities for the audit of the financial statements We have been appointed as auditor under Section 44llllcl of the Charities and Trustee Investment (Scotlandl Act 2005, the Companies Act 2006 and Section 151 of the Charities Act 2011 and report to you in accordance with reEulations made under those Act5. Our objectives are to obtain reasonable assurance Bbout whether the financial statements as a whole are free from material misstatement. whether due to fraud or error, and to issue an auditorfs report that includes ouropinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS IUKI will alwoys detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in aggre8ate, they could rea50rsably be expected to influence the economic decisions of users taken on the basis of these financial statements. As part of an audit in accordance with ISAS IUK} we exercise professional judgement and maintain professional scepticism throughout the aLsdit. We also: Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that 15 sufficient and appropriate to provide a basis for our opinion. The rlsk of not detetting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. Obtain an understanding of internal control ￿levant to ihe audit in order to design audit procedures that are appropriate in the circumstance5, but not for the purposes of expressing an opinion on the effectiveneg5 of the charitable company'4 intg.rnal r.rthntrnl_ Evaluate the appropriateness of accounting policies used and the reasonableness of atcounting estimates and related di5closure5 made by the trustees. Conclude on the appropriateness of the trustees, use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the charitable company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditorfs report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditorfs report. However, future event5 or conditions may cause the charitable company to cease to continue as a going concern. Evaluate the overall presentation, structure and content of the financial statements, including the disclosures. and whether the financial statements represent the undeilyirig transactions and events in a manner that achieves fair presentation. Page 14 of 30 RELEASE INTERNATIONAL REPORT AND ACCOUNTS YEAR ENDED 31 DECEMBER 2025 INDEPENDENT AUDITOR'S REPORT We communicate with those charged with governance regardin& among other matters, the planned scope and timing of the audit and significant audit findings, including any Significant deficiencies in internal control that we identify durin8 our audit. Explanatlon as to what extent the audit was consldered capable of detecting 1r￿g￿laritieS. Includlnz fraud Irregularities, including fraud, afe instantes of rion-compliance with laws and regulations. We design procedures in line with our responsibilitip.s, nijtlinpd ahnvp, tn rletpct material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below. The objectives of our audit in respect of fraud, are; to identify and assess the risks of material misstatement of the financial statements due to fraud,. to obtain sufficient appropriate audit evidence regarding the assessed risk5 of material misstatement due to fraud, through designing and implementing appropriate responses to those assessed risks; and to respond appropriately to instances of fraud or suspected fraud identified during the audit. However, the primary responsibility for the prevention and detection of fraud rests with both management and those charged with 8overnance of the charitable company. Our approach was as follows.. We obtained an understanding of the legal and regulatory reouirements applicable to the companv and considered that the most significant are the Companies Act 2CM)6, the Charities and Trustee Investment Iscotlandl Art 2005 las amendedl, re8ulations 6 and 8 of the Charities Accounts Iscotlandl Regulations 2006 las amended), the Charities Act 2011, the Charity SORP, and UK financial reporting standards as issued by the Financial Reporting Council and UK taxation legislation. We obtained an understanding of how the charitable company complies with these requirements by discu55ions Wlth management and those charged with governance. We assessed the risk of material mi4Etatpmpnt nf thp finAncial statemènts, incliiding the rtsk of material misstatement due to fraud and how it might occur, by holding discussions with management and those charged with Eovernance. We inquired of management and those charged with governance as to any known instances of non- compliance or suspected non-compliance with laws and regulations. Based on this understartrding, we designed specific appropriate audit procedures to identify in5tance5 of non-compliance with laws and regulation5. This included making enquirie5 of managemer)t and those charged with governance and obtaining additional corroborative evidence as required. There are inherent limitations in the aijdit procedure5 described above. We are less likely to become aware of instances of non-compliance with laws and regulations that are not closely related to events and transactions reflected in the financial statement5. Also, the risk of not detecting a material misstatement due to fraud is higher than the risk of not detectin8 one resulting from error, as fraijd may involve deliberate concealment by, for example, forgery or Intentional misrepresentations, or through collusion. Use of our report This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006,. and to the tharity'5 trustees. as a body, in accordance with Section Pa8e IS ot30 RELEASE IMfERNATIONAL REPORT AND ACCOUNTS YEAR ENDED 31 DECEMBER 2025 INDEPENDENT AuD￿0*s REPORT 441lllcl of the Charities and Trustee Investment Iscotlandl Act 2￿5, and in respect of the consolidated financial statements, in accordance with Chapter 3 of Part 8 of the Charities Act 2011. Our audit work has beer) undertaker) so that we might state to the charitable company's members and trv5tees th05e matter5 which we are ￿quIred to state to them in an auditols report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to any party other than the charitable company, the charitable company's members, as a body, and the charity's trustees, as a body for our audit work, for this report, or for the opinion we have formed. s￿￿edbY.. Andrew Stickland Isenior Statutory Auditorl for and on behalf of Moore Kingston Smith LLP, Statutory Audwtor 9 Appold Street London EC2A 2AP 2/7/2026 Date-. Moore Kingston Smith LLP is eligible to act as auditor in terms of Section 1212 of the Companies Act 2006. Pa8e 16of 30 RELEASE INTERNATIONAL REPORT AND ACCOUNTS YEAR ENDED 31 DECEMBER 2025 Balance Sheet at 31st December 2025 Company Number 01506576 2025 2024 Noles Fixed zwts Taryjible assets 10 262,528 256.182 Intaroible Assets 10 Current h¥Estmenls held for resa18 Debtors s￿rt tenn I￿￿tmentS Cash at bank and in hand 213,522 153,647 1,602,524 1,969,893 88,416 339.000 1,021,983 1,449.399 Creditof&- Amourts fralling within year Ngt wryont awts 12 1156.8161 1200,1051 1,812,877 1,249,294 Credito￿- Arnounts fJlllry dL* in o ong year 13 1220,OCQI 1220,0001 1.285,476 Total as*ts1096 ¢urr•nt IlabSlltl08 1,855.405 R•sorv88 Unrearict•d funds GvnBial Fund 16 1,U74,793 456.973 D&dgnat•d Funds 16 330,829 3￿,829 Re*rid8d funds 17 450,383 497,674 Total fundB 1,855.405 1.285.476 These financkgl slalemenls have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 and with FRS102. The notes on pages 17 10 27 form part of these accounts. Approved by the Board on i g ty L.1 and Signed on its behalf by.. David Bentley Chair stee5 Pa8e 18of 30 RELEASE If+lTERNATIONAL REPORT AND ACCOUNTS YEAR ENDED 31 DECEMBER 2025 st Statement of Financial Activities for year ended 31 December 2025 (Incorporating an Income and Expendiiure Account) 2U25 24 UrbrY**iictsJ Oe*9nAted Rothctsd lundB nd Unreth¢tod DB¥gnatsd Rds funds R•#rtciod fuhd8 Totyi Funds TDtsI Fun¢l¥ Nots¥ th)natK)n# ar￿ 2.173,349 1.463.388 3.03e.737 1.670.232 1,341073 3.012,W5 hahthble LbterBlure E¥wrts 33,284 35,511 36.012 kniere$i re¢￿￿e 48,608 33.783 .783 othBr 9.961 9.*1 16.098 16,f Totsl Incom ZZfjS,14¢ 1.403,444 3,72IS90 1.754024 1,Y2,574 3,IJ9B.I ExDwndityr¢ on Coetsof r•i4n9 funds FU￿raisirVj 213.591 2￿.￿18 257.071 34.165 1.235 Chwritsbl¥ acO¥illo6 Pro¥idiry thom the TO Rai¥ifiy Ihryrvo￿E 36D,659 1.N7. 1.490.758 1Q.542 1.851.417 1,067,￿7 422.373 I.3￿,547 1.214.476 13.gJ8 1,638.849 1.354,545 Totsi èxyfidllure 1,622,D15 1.$36,a17 3,158,662 2,Q29,gP1 1,202,839 3.2916311 Not Incom¥1 (•MpAndtlur*) 643.131 17&2031 569.92B (274.3671 79.535 1194.4321 Trnn*rs 16&17 125.9111 25.911 Net Incomel loxp•ndifvrel atter tran*r5 70,935 817.2 147.294 S￿.92 (274,3671 VgQ43¥ Tolal fuThYs &M¥srd ai 1 nuary 2025 16&17 456.973 3￿.829 497.674 1.288,476 731.340 417.739 1.479,Y)S Tolal fvndscorrf•d foTha ¢31 2026 16&17 I,OY4193 33Q.829 450.382 1.855,494 456.gr3 33D,829 497.674 1.285.476 The statement of financial activities includes all gains and losses recognised in the year. All I￿orne and expenditure derive from continuing activities. The notes on pages 17 to 27 form part of these accounts. Pa6e 17 of 30 RELEASE INTERNATIONAL REPORT AND ACCOUNTS YEAR ENDED 31 DECEMBER 2025 Cash flow statement for the year ended 31Bt Decembér 2025 2025 2024 Net cath lused Invgentratod by operatlng actlvities 361.541 1188,9521 Ca4fflow5from Invesdng Advltles Purcha58 of property. Plant and 8qUiPrn8nt Mo%emenl In Short-term inwlmenls Disposal of in￿StmentS Intwest rec￿￿1 I14,￿2) 185,353 120,7841 18.225 639.210 33.783 670,434 48.608 216.999 Net cath generated byllu*d inl investing a¢tivitiès Not IdecrnasoVlncreas• In cash 580,540 481.482 Cash at the beginniw of thè y88r 1.021,983 540.501 Cash 8t the end of the year 1.602.524 1.021.983 Rgconciliatlon of net movomont in funds to net ca$h flow from operatlng actlvitie$ 2025 2024 N•t Income I (Expendlturel Adju*d for Depreciati(n charge Am(Kti5ation charge Receipt of gift of in¥eslm8nt for resafe Sale ol In￿tMe%￿s Loss on sale of h￿s(Ments terest froni deposits 11r￿reaseydecrèase In debto Increaselld6cr8as81 in ¢reditors Net cath u8•d In op•ratlng ac¢lvltles 569,928 1194.4321 8.616 6,622 1,044 35.790 133,7631 5,186 19.3791 {188.9521 148.608} 1125.106} 143,2891 361,541 Analysis of Gash, cash equlvalents and net debt Non￿ movements 2025 A8 Ot l Jan 2025 Cath flows As at 31 Dec 2025 Cash at bank Cash on deposit Cash 176,057 845,926 1,021,983 24.203 556,338 580,541 200,260 1,402.264 1,602.524 Non cagh mov•mont6 2024 As at 1 Jan 2024 Cath flows As at 31 Dae 2024 Cash at bank Cash on dew51t Net cash 274,683 265.818 540,501 198,626) 580,108 481,482 176.057 845.926 1.￿2].983 Pè8e 19of30 RELEASE INTERNATIONAL REPORT AND ACCOUNTS YEAR ENDED 31 DECEMBER 2025 Notes to the Financial Ststements A¢¢ounting Pollclos The financial statements have been prepared In accordan￿ with Accountng and Reporting by Charities.. Slalemenl of Recommended Practice applicable to charilles preparing their accounts in accordance ￿th the Financial Retx)rting Standard applicable in the UK and Republic of Ireland {FRS 102} - Charities SORP (FRS 102) and the Companies Act 2006. Golng Concern The trustees have assessed whether the use of the going concem basis is appropriale and have consldered possible events or conditions that might cast signrficanl doubt on the ability of the charity to ¢onlinue as a going concern. The trustoes have made this assessment for a period of #t least one year from thè d2tè of approval of the fi'nancial statements and in particular have considered the charity's forecasts and projections and have taken account of pressures on donation and investment income and expectation from the current economic challenge. The trustees have concluded that there Is a reasonable expectation Ihat the charitable entity has adequate resources lo continue in operational existence for the foreseeable future. The charitable company therefore continues to adopt the going concern basis in prepariTrJ ils financial statemenls. Basis of Accountlng Release International Limited meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised al hislorul cost OT transaction value unless otherwise slated in the relevant accounting policy nole{s). Fund Accounting Fund5 held are either Unreslricled general fijnds which are funds that can be used within the charitable objectives al the Trustees, discretion. De51gnated ftjnds are funds that the trustees have earmarked for a specific purpose, even though they are not le9ally rèstrict￿ by a donor. Reslricled funds which are funds that i%n only be used for specffied purposes. The restriction may be imposed by the donor or th8 terms under which the funds were raised. Incomo Income is recognised when the Charity has entitlement to the funds, it is probable that the income will be recelveo, and Ihe amouni can be measured rellably. Donations, interest and ￿nI are recognised in the ac¢Dunls on a received basis. For donations made under the gift aid scheme, the gift aid is re¢ognised In the year in which the gfft is received. Gifts in kind are valued al their value lo the Charitable Company. For legacies, enlidemenl is taken as the earlier of the date on which either.. the Ch8rily is aware that probate has been granted, the eslale has ￿en finalised, and notfficalion has been made by Ihe execulorlsl that ? distn"bulion will be made, or when a distribution is received from the estate. Receipt of a legacy, in whole or in part, is On￿ considered probable when the amount can be measured reliably, and the Charity has been notified of the executor's inlentK)n lo make a distribution. Expendlture Expenditure is recognised once there is a legal or constructive 0￿19allOn to make a payment lo a third party, rt is probable that setuement will be required, and the amount of the obligation can be measured reliably. Expenditure is class4fiod under the following activity he8¢Jing$'. Costs of raising funds are costs incurred in encouraging voluntary contributions lo the Charitable Company and their associated support costs. Expenéiture on charitable activities are costs directly relating lo the objects of the Charitable Company and include grants made, direct costs incurred. and an apportionment of support costs as shown in note 7. page 20 Ot30 RELEASE INTERNATIONAL REPORT AND ACCOUNTS YEAR ENDED 31 DECEMBER 2025 Support costs are those functions that assist the work of the Charity but do not directly undertake charitable activities. Support costs Include office Gosl$, finance, personnel, payroll and governance costs which support the Charrty's a¢tivilies. The Charity initially identrfies the costs of its support functions. 11 then idenlrfies those costs which relate lo the governance function. Having idenlrfied ils governance costs, the remaining support costs together with the governance costs are apportioned between cost of raising funds and expenditure on charitable activities pro rats lo staff full lime equivalents. Grants p8yable are payments made to third parties in the furtherance of the charitable objectives of the Chari18ble Comp8ny. The grants are included in the Statement of Financial Activities in the period In which the awards are made. Grants where the beneficiary has not been informed or has lo meet certain condrtions before the gr8111 i¥ releabed iare iiol bul <*r¢ Iioted as financial wmmitments. Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred. Tangiblo Fixgd As$•t$ Fixed assets are all used for charitable pury)oses and are shown al cost less deprec¢alion. The th￿shOld al which purchases are not normally capitalised is £10,000, Depreciation on assets is calculated to Write off the cost over their estim21ed economic useful lives. Assets are depreciated annually on a slraight-line basis over 4 years for computer equipfnenl, 5 years for office equipment and the remainder of the lease for leasehold improvements. The leasehold prop¢rty is amort*scd monthly ovcr thc rcmaindcr of the lease. Intangible Flxed Assets Intangible assets are the development costs for specific IT projects which are capitalised at cost, provided il is likely lo bring future economic benefit lo the Charity. If the criteria for recognition 8s assets are not mel, the expense is recognised in the Sialemenl of Financial Activities in the period in which il is incurred. Capitalised IT costs include all direct and indirect cosls that are difectly allributable lo the development process. The costs are amortised using the straight-line method over 4 years being their estimated useful lives. The threshold al which costs are not rlomially capilalised is £10,000. Foreign Currancigs Income and expenditure in foreign curfencies are converted into sterling al the rates of exchange ruling on the dale of transaction. Amounts held al the b81arKe sheet date are converted al the rates prevailing at the balance sheet dale. Pension Costs The Charity operates a defined contribution scheme for the benefit of rts employees which is funded by contributions from the employee and employer contributions payable to schamo and employees, personal pension plans are charged in the Statement of Financial Activities in the period lo which they relale. Further details of the scheme are given in note 15. 1.10 Operating Lease8 Rentals payable under operdling leases are charged on a straighl-line basis over the term of the lease. Flnanclal Instruments 1.11 The Charitable Company only has basic financial instruments measured at amortlsed cost, with no financial instruments Gla65ified as 'olhei' or basiG inslrunieiits measured at fair value. 1.12 Investments The charity has a policy of Selling donated shares upon receipt of donation. However, where for any reason donated shares are not sold at the balance sheet date these are listed as inveslmenls. al their market value at the balance sheet date. Realised and unre81ised gains or losses for the period are accounted for through the Statement of Financial Activities in the period in which they occur. Cash and Cash equivalents Cash and Cash equivalents include cash in hand, deposit held at call with banks, and other short-term liquid investments with original maturities of three months or less 1.13 Pa8e 21 of 30 RELEASE INTERNATIONAL REPORT AND ACCOUNTS YEAR ENDED 31 DECEMBER 2025 Criti¢al Estimate5 In the view of the Trustees applying the accounting poI￿leS adopted, no judgements were required apart from those listed below. the allocation of support costs depreciation rates of fixed assets estimation of legacy accrual Donations and Grfts 202$ Totsl funds 2024 Total funds Unre*lded Reglrlcled fund8 funds Unrestri¢led Re*rf¢tsd fvnds funds Indi%iduals, churches, other groups and IrLEts partner ministrfes Leg￿leS 1.765,406 850,953 2,616.359 1,594.111 2.317.619 612.435 612.435 407,943 618.565 618.565 76.121 407,943 76.121 2.173.349 1.461388 3,63&737 1.670.232 4.342.073 1011305 Expendlturo 2025 Totsl Gran16 Dlrect co* Support costs l*e nole 51 l*e nok 61 l*e nokn 71 Co* of ralslng lunds Fundraising 204,745 35.193 239,938 Charitable aclivities PrO￿dir￿ them the TOOLS Raising their VOICE 1,2&5,223 475,537 894,668 ,&57 172,639 1,851,417 1,067,307 1,285,223 1,574,951 298,489 1158,662 Grants DSrect ¢o*s Support Costs Total Isèè nots 5} 19•8 notè 6) 18•• nots 71 of tal￿n9 funds FU￿r￿AS1ng 2￿),195 41,041 291,236 Charftablo Pr0%4dirKJ them Ihe TOOLS Raisirg their VOICE 1,203,807 341,709 1.172,682 91,333 191,B63 1.636,649 1,364,545 1.203.807 1.764.586 324.237 &292.630 Page 22 of 30 RELEASE INTERNATIONAL REPORT AND ACCOUNTS YEAR ENDED 31 DECEMBER 2025 Grants rnado Grant payments made were for the charitable purposes of Release International. They provided svpport for.. Families of Christian martyrs Prisoners of faith and their families Christians suffering oppression and violence Christians force(I lo flee The Ministry has taken advantage of the exemption available in the Charity SORP not lo disclose specific information in relation lo grant making, on the grounds that the disclosure could result in serious prejudice lo the grant maker andlor the recipienl inslilution, individuals working for the recipient inslilulion or individuals. No support costs have been allocated lo the total arnounl of the grants. Prior Year Adjustment.. Note 5 previously showed Unrestricted Gfanls made in 2024 of £149,706 and Total grants made of £1,474,771. These grants had already been included in the figur8 for Restricted Grants. Figures below reflect this correction Total 2025 Totsl 2024 No. No. CÉntral Asia Middle EasVGulf nh Easi Athca We51 Africa Soulh Asia South E85t Asia 10,WJ 83,323 484,029 63,055 156,183 47,484 440,249 12 412.Ub7 69.789 110.671 36,132 470.147 13 18 14 13 1,285,223 61 1.203.808 Pa8e 23 of 30 RELEASE INTERNATIONAL REPORT AND AccouNfs YEAR ENDED 310ECEMBER 2025 Dlrect costs 2025 Staff CO￿ Olher co*5 Tol31 co 2024 Staff cod< Other costs Total costs 'See note 8 FurKITaising 112.851 91,895 204.745 139,884 110,310 250.194 Charitable activiU¢$ PTuhidiiy tlieni Ifiv TOOLS Rai$irG their VOICE 235.128 240.409 475.537 290.534 51.175 341.709 541.787 352.e81 894.668 668,9 503.886 1.172.682 889.766 685,185 1,574951 1,099.414 665,171 1.764.$85 Support costs 2025 2024 Staff co** Olher co* Total CO￿ Stsff Other co*8 Totsl co* See note 8 FuN1ra¢$sr 24,379 10,814 35,193 32.K25 8,216 41.041 harltable actl¥ltles pro￿dIng them TOOLS Rsising th8ir VOICE 62,799 27,858 90.657 18.285 01.333 119,589 53,050 172,639 153,453 38,410 191,863 206.766 91,722 259.326 911 324237 Staff costs 2025 2024 Wages and salaries Sttial security C08ts P￿S￿on costs 895.533 1.118.652 98.684 115,446 92,999 111,853 Gr(xw tife policy 9,316 12,789 1.096,532 1,358,740 Page 24 of30 RELEASE INTERNATIONAL REPORT AND ACCOUNTS YEAR ENDED 31 DECEMBER 2025 Total split a8 follow 2025 Totsl 4aff 2024 Total #aff costs Dirgd Support DTrr¢¢t Support Imt8 61 Inote 7) 112,851 24,379 Imtè 61 (note 71 139,884 32.825 Co&s of rdlslng funds 137.229 1r2,709 Charitable acliviti85 PrDMdir4g theffl the TOOLS Raisiro their V0￿E 235,128 541,787 119,589 62,799 297,927 29).534 73,048 668,99S 153,453 363,582 661.370 822,449 889.766 206.786 1.096,532 1.DB9.414 259.326 1.35B,740 The Trustees receive no remuneration. During 2025, 2 Truslees12024.' 4 Trustees} received out of pocket expense- of £53512024.. £707). Durin9 the year donBtion8 from 6 Trustee8 {2024 61 were reGeived totallin9 £3,90012024 £6,195) The reniuneralioii and beiiefitb le￿]V￿￿ by key managetrient personnel In the year were £251,502 12024.. £363,9641. During the year there was 1 employee whose remuneration was in the bracket £60,000 £69,999 12024: 11. No lerminalion payments are included in the above staff cosls12024.- £43,387> The thV•T•ge number ol employees w•*: 2025 2024 Manb9¢lrtfit AdMotratxsn and support Overseas prejea ftwftageftxnl 6Ad UK •)fonnJtY)n and educat*+n 19 21 27 Net IncomelExpenditur8 for the Year The nel incomel expenditure for the year is staled after char9ing= 2025 2024 D8pr8ciation of assds A￿lItorS, remwieration- audrt Is88 mlè111 8.616 7.666 21,070 22,632 A￿ltOrs, rernunerdtion- non audil seTr4ces 24.208 Olher accounlancy lees Hire of equipment 1,050 4,662 5,625 Non audit Servi￿ indude the provision of bookkeeping service5 to April 2025 and preparation of the prior year statutory financial stalemenls. Al the year end, amounts relating lo these services have not been accrued. Page ￿ of30 RELEASE INTERNATIONAL REPORT AND ACCOUNTS YEAR ENDED 31 DECEMBER 2025 10. Fixed A55ets Property Computer Equlpment Offlce Equlpment Totsl Cost At 1st January 2025 Additions Disposals At 31st D8cambw 2025 250,000 99,496 14,962 142,285 37,408 386,904 14.962 142,2851 250,000 72,173 37,408 359,581 Depreclallon Al 1st January 2025 Charge fi)r year tl'sposals 11,400 3.420 85,916 4,179 142.2851 33.406 1.017 130,722 8,616 142,2851 At 31st Dèe8mb6r 2025 14,820 47,810 34,423 97,053 Nèl book valuès At 31st December 2025 At 31st December 2024 235,180 238,600 24,363 13,580 2,985 4,002 262,528 256,182 Depreciation rates.. SITaighl-line Pro￿rtY - remainder of lease Computer¥ - 33.3% per annum Office equipment- 25°k per annum Intanglble Software Development T(>tsl Cost At 1st January 2U25 Additions Eisposds Al 31st ￿ember 2025 Depreclatlon Al 1st Janu8ry 2025 Charge for yeaT Disposals At 31Bt DaGgmbgr 2025 Net book values At 31st Decernber 2025 At 31st December 2024 25,345 2>,345 25.345 25,345 25.345 25,345 25,345 25,345 Page 26of 30 RELEASE INTERNATIONAL REPORT AND ACCOUNTS YEAR ENDED 31 DECEMBER 2025 11. Debtors 2025 2024 Due wlthln on8 yoar Other debtors 32,809 3B,939 50,863 Prepayments Acctued [r￿me 29,946 141,714 7,607 213,522 88,416 12. Cre