Charlty ragistratlon nUM￿r 1092772
Company rogistration number 04427304 (England and Walasl
FACING THE WORLD
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025

FACING THE WORLD
LEGALAND ADMINISTRATIVE INFORMATION
Trustees
Kalrin Kandel Burke-smith
Florian Bast (Chairman)
Simon Fennell
Peter Schell
Charles Schrager
Michael Chan
Anil Patel
Richard Porter
Peter Clarke
Charlty number
1092772
Company numbor
04427304
Principal address
Suite 5, Bank Chambers
567 Fulham Road
London
s￿ IES
Reglsternd offic
Suite 5, Bank Chamber5
567 Fulham Road
London
SM 1ES
Auditor
Georgiades Charalambou & Co LLP
283 Green Lanes
Palmers Green
London
N13 4XS
Bankars
CAF 8ank Limited
25 Kings Hill Avenue
Kings Hill
Wesl Malling
Kent
ME19 4JQ
Bardays Bank UK PIC
1 Churchill Place
London
E14 5HP
HSBC UK Bank Ple
The Peak, 333 Vauxh811 Bridge Road
London
SW1V 1EJ
Solicitors
Bales Well & Braithwaile
Cheapside Hous8
137 Cheapside
London
EC2V 6BB

FACING THE WORLD
CONTENTS
Page
Tnjstees, report
1- 10
Independent audilovs report
11- 13
Statement of financial activities
14
Balance sheet
15
Slalernent of cash flows
16
Notes to the financial stalernents
17-28

FACING THE WORLD
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 DECEMBER 2025
The trustees present their annual r8POrt and financial stal8mènls of th8 charity lolhenNise referred to as the
foundalionl for the year ended 31 December 2025.
The fillancial slalements have been prepared in accordance with the accounting policies set out in note 1 to the
financial slalements and comply with the foundation's Memorandum and Articles, the Comp?nies Act 2006 and
"Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing
their acGOUllts in accordance vilh the Financial Reporting Standard applicable in the UK and Republie of I￿land
(FRS 1021° (8$ amended for accounting periods commencing from 1 January 20191.
Obj8ctiv8s and activitiOS
Purposes and aims:
The foundation's purposes as set out in the objects wntsined in the foundation's Memorandum of Assoeiati¢Jn
are..
the protection and pres8rvalion of health and th8 relief of suffering, sickness, injury and distress, 111
particular of children with facial disfiguremenl.. and
the advancemant of 8ducation and training, in particular in the treatment of facial disfiguiement.
The aims of the foundation are lo build ¢apa¢ity for craniofacial treatment and care in countn.es where aecess to
he8tthcare is limited In particular. they are to build appropriate treatment for those people from the developing
worfd who suffer from facial disfigurement, through Ihe training and educating of local rnedical team5 in
designated global centres of excellen￿. Finally, they are lo enable the establishmert of appropriate centres
capable of providi￿ Irealmenl and cr8ating a sustainable solutian.
How tho foundatlon aehièvès its obj•ctivas:
Facing the World's rnedical training programme in Vietnam has a slraighlforward strategy and an a55oeiatsd set
of milestones. As w((h all training programmes. the business model and strategy are clear.
By approaching the local Plastic and Craniofacial Surgery departments hofislically, the foundation alms to make a
sustainable, measurable, and replicable change. The key lo SU￿$$ is the development of an effeefive wiQer
Multidisci￿ln8ry team within sp8cific units, incorporating for example oculoplaslic surgeor15, ENT tEad & neck
surgoons. neurosurgeons. plastic surgeons. orthodontist maxillofacial surgeons and anaeslhelisls.
As the focus is nol only on in-hospilal training, bLrt also on nebNorking, international conference exposure and the
development of lo¢al educational resgurces. the foundation will benefit a greater numbèr of doctors and, through
their actions most importantly, many more pab'ents.
The business model continues lo be r?pli¢oble, and the foundab'on is confident that il ean continue lo build on the
suc¢&ssful collaboration it saw in Da Nang and is seeing in Hanoi.
The foundation achieves ils objective through the following activities..
Supplying Facing the Vvorld teams, whose members all donate their services to provide surgical
treatment for patients with facial disfigurement. The abilty of Facing the Wodd lo achieve its objectives
depends on the dedication and commitm8nl of a group of highly skilled medical volunteers. The medica
Irèalmenls provided by Facing the World are complex, and Ihere are a limited number c)f experts
worldwide capablè of providing such treatments to the required high standard of care.
Establishing craniofaciaVpla$tic reconstrtjctive units in Vietnam, initially.
Initiating formal bi-lateral training programmes in order lo build the skills of medical teams and ancillary
professionals abroad. Activ8ly seeking lo train surgical teams abroad lo upskill" already compelenl
octors in the lalesl techniques and skills in order to broaden th@ir caseload.
CollaboTab"ng with partner doctors who wr￿e and present papers on case$ in order to improve the
understanding and treatment of these debilitabng conditions.

FACING THE WORLD
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORTI (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
En$urlng the foundation's work achieves ils aims:
The foundation ieviews its a1m8, objectives and activities each year. The review considers the sucteS8 of e8Eh
key activity and the benefits they have brought lo the intended beneficlaries of the foundallon's activitie5.
The review also helps the foundation lo ensure that rts activities remain focused on the achievement of its stated
purposes. In reviewing its aims and objectives, and in planning its fthurè aclivilies, the foundation opérates in
accordance with the UK Charities Commission's general guidance on public benefit. In particular. as part of the
review, the Irusleès consider how future plaTrned activities will Contribute lo the foundation's aims and objectives.
Tho focus of the foundation's work..
Faan9 the Worfd's goal is to develop in-country units of expertise where patients from developlng countrfes who
suffer from faaal defects ean receive appropriate tr&atment. The foundation has a network of intemational
surgeons who are world leadeis in Iheii field.
The focus of thè foundation's work during the 2025 financial year was lo increase the availability of in-counlry
surgical treatment for children laboring under facial disfigurement through the continued oxpansion of the
foundation's training programmes for doctors.
Publlc Benefit
The Charities Commission in rts Charities and Public Benefit Guidall￿ requires that two key principles be mel to
show that an organisation's aims are for the public benefit. FiT51. there must be an identifiable benefit. Second,
the benefit must be to the public or a Section of the public.
How the foundation delNers public benafit..
All of the activities of Facing the Wodd focus on increasing the availability of treatment for paients who suffer
from fa￿al disfigurement and are undertaken to further the found4lion's chaTil8ble purposes for the public benefit.
Who bongflted from the services of Faclng tho World?
Faung the Wortd wa5 established to help through surgical intervention patients who are born with Dr develop
severe and often life-threalening facial disfigurement. The foundation wants more patients worldwide lo have
a￿esS lo this vital facial surgery, and this can be a¢hieved by training doctors and ancillary professionals in the
multidisciplinary approach required for successful development of craniofacial units. The focus has moved
exclusively to Vietnam with the aim of creating a replicable approach which. in the longer term. ean be
transferred to other countries and in time, other medical specialities.
The tsuslees Confim that setting the foundation's objectives and in planning Its aetivities they have had due
r8gard lo the Commission's guidance on public benefit. and that they will continue to ensure that eaGh year they
consider how the foundation continues to meet the public benefit objectives outlined in section 4 of the Charities
Act 2006 The Iruslees are satisfied that the foundation meets wlh Ihe requirements and conforms w￿h the Act's
d8finition of a foundation, meeting all the key elements of the two key principles.

FACING THE WORLD
TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
Aehiovomonts and porformanco
During th2 year under review, the mlssions to Vietnam and fellowships lo the UK continued and the foundation
mel its objectives as follows..
1. Trèalment.. Over ten thousand patients were treated by our partner hospitals and dgctgrs in Vietnam
during 2025. as the complex caseload continued lo grow.
2. Teaching.. 28 fellowships were hosted during the period.
3. Accreditation.. Th8 Royal College of Surgeons of England awarded FRCS ad eundem Honorary
Fellowships to 4 key figures from partner hospitals in recognition of the exeellerbce of their surgical skills
a major milestone in strengthening safe, high-qualily craniofacial surgical care. Accredilalion reviews
conlinu8d wth 108 Military Central Hospital and Hong Ngoc General H05Pital. Viet.Duc University
Hospital and 108 Military Centrol Hospital retained their International Accreditation status.
Missions.18ctur•$ and other aetivlty In Vlglnam
The foundation believes that in Ofder lo create a sustainable long-lerm solulion lo medical needs. ils resources
are better used focusing on the training of doctors through medical rnissions and on offering tho yO￿g doctors
fellowships lo top international institutions.
This is achieved not only via lectures and training. but also through treatiThJ patiènts jointly with Vi8tname58
surgeons during missions lo build on knowledge sharing, supplementing the approaches seen on the fellowships
provided by the foundation. Missions vary in size from the larger mLJlti discipline approach lo smalkr missions
where the I(￿u$ is on one speciality. Mission size and topics are determined jointly with the lead being taken by
the Vietnamese unil heads. The overall aim and approach remain the same.. upscaling the domests'c teams and
units.
During missions, patients are jointly assessed in planning clinics lo establish whether Surgery is their most
effecty've option and, if so, how urgently il is rèquired. The clinicians also have the opportunity bj assess what
skills are needed and who should form the team for the required surgical proceisures. As doctors from other
hospitals throughout Vietnam are inviled lo observe, the foundation's reach is expanded. Mission activrties also
include daily conferences on relevant topics_ Invl(alions are S8nl out lo the 10&strong network af Vietnamese
partner hospitals.
This coordinated approach continups to b¢ one of the key elements for the establishment of effective craniofocial
surgery.
Ongoing ass@ssments are continuously being carried out in order to establish the range ol surgical specialrtie5
required for ftjrther mullidisoplinary craniofacial teams., the types of missions needed ID support development as
well as the type of crilical technology required lo enhance capabilities and effioency al partner hospitsls.
In 2025, the following missions were held in Hanoi..
1. Mission. 28 th March- 7th April 2025..
2. Plastic Surgerylcraniofacial Mission, 15th- 29th October 2025,.
3. Mr. Atheef UjaTll Maxillofacial Mission, 23rd- 28th November 2025.
The following confer&nces were held as part of the ongoing programme..
1. Ear, Nose & Throat (ENTI Masterclass Conference 31$1 March- 1 stApril 2025,.
2. The Facing the Wodd - 'Fa¢ing the Functional. Oncological and Aesthetic Chall8nges Within the Head
and Nedt. ConfererKe- 18th - 19th October 2025.,
During a State Visit 28th - 30th Oclobgr 2025 by sec￿lary General Mr To Lam and First Lady Madame Ngo
Phuong Ly, F8cing the World was adively involved in both public and private mè8tsngs and received extensive
national press coverage.

FACING THE WORLD
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
Cllnic Actlvlty
Mission dinic5 were held al our partner hosprtals throughout 2025.
Examplgs of theatre activity:
Debulking of neurofibroma
Ear reconslrudion
EX￿S1On of vascular malfomiation hea(Vneck
Fixation of facial traGture
Pl&xifom neurofibroma left face
Bilateral facial cleft
Lymph8liG malfotrnaliDn submandibular region
Debulking of vascular malfomialion - fac8
Cleft rhinoplasty
Serial excision of facial CMN
Burns contracture rèlease
Insertion of tissue expander headlneck
Fixation of facial fracture
Collaboration and coopeTation
The foundation further stiengthened ils network in Vietnam by continuing working rel81ionships with both Ihe UK
Embassy in Hanoi, and the Vietnamese Embassy in London, successfully extending PACCOM registration, an
by continuing to be both strategically and financl8lly 5UPPOrted by the loundation's Vietnames6 patron
Dr
Nguyen Ngoc Vinh MD, CEO and C(FFtsunder of Hong Ngoc General Hospital. The foundation also signed 2
Memorandum of Understandings, 1 between Vietnam Airlines and FaGing the Vvorfd and another between VEjel
and Facing the World, supporting future collaboration and logistics for medical missions. Facing Wodd had
the honour lo host Secretary General Mr To Lam on the October Slate Visit lo the UK.
The foundation has suttèssfully eonlinued to intensify ils collabor8tion wth 811 ils exist[r￿ parther hospitals in
Vietnam in the further training of Iheii Plastic and Craniofac4al Surgery Departments, with the ultimate goal of
establishing multiple eraniofadal eenlres Vletnam.
Fèllowshlp Programme
This programme funds Vietnamese doctors and managemènt from the partner hospitals in Metn8m lo particlp8te
In tailor-made fallowship5, hosted in the UK, Canada, Australia and the US, where they observe a range ol
complex craniolacial cases Irealed within the UK I US I Canadian l Australian system using a M￿￿ldiSGIpllnary
approach. The original intention was lo bring four doctors a year to the UK. Thè suceess of the programme and
the demand fram the doctors in Vietnam has been so significant that the fellowship programme was acc£lerated
and continues lo grow.
Throughout 2025 the foundation hosted 28 fellowship5 and has already begun planning for 2026. The fellowships
build on the teaching and training of the missions and vice versa. The fellowship programme is the kjeal vehicle
for the foundation lo easily establish relationships wth more hospitals in Vietnam and at more hostilals in the UK
and inlernalionally and the programm8 is key lo the overall success.
Fa¢ing the Warld's Approach to Sustainablo Doyolopmenl
The United Nations Sustainable Development Goals are a sel of 17 Intertinked objectives designed to be a
'blueprinl to achieve a better and more Sustainable future lor all" We believe the work of Faeing the Wodd can
play 8 role in achieving Ih8s8 goals Ihrough fostering direct benefit toward5 Good Health and Well-Seing (Goal
3). Qualty Educotion (Goal 4J gnd Reduced Inequalities (Goal 10) as well as making indlrect contribullons to a
number ol the olher targets.

FACING THE WORLD
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
Financial reviow
The results for the period are sel out on Page 14
During the year under review, the foundatiL>n generated total rovenues of £742,108 (2024.. £530,813). Of this
amount, £742.10612024. £500,813) related lo general lund income. The foundation did not re￿1ve any reslrided
revenues in 2025 12024." £30,0001. Total revenues include donations in kind lincluding significant commercial
discountsl valued al £524,04812024.. £331,745) for flights and aC￿mMOdatIon for surgeons attending Missions
in Vietnam. for fellows travelling to the UK for training and also for conferences held in Vietnam. The increase in
Tevenue compared lo the previous accounting period was £211,293 and this was mainly due to the increase in
gift In kn.nd donallons.
General fund expendrture (including in kind donations and significant commercial discounts) was again kept
under control. Monies spent on charitable activities lotslled £726,776 12024.. £539,919). equivalent to
appr0￿MatelY 940A of total expenditure.
General furKls show an excess of income over expenditurè lotalling £13,801 {2024'. excess expenditure
£32,626I. Al the year-end date the foundation held £387,663 in general funds.
Restricled funds show an excess of expenditure over income lotalling £43,99612024'. £25,938) and this wa5 due
to timing drffeiences in tems of receiving and expending the funds At the year-end dale the hundation held
£48,120 In restricted funds and il èxpects much of this will be spent in the ensuing year.
The foundation Gonlinues its policy lo relain and designate part of its general ￿ftds as agreed by the trustees
{see below).
R8sgrvès policy
The truslees continue lo adopt a reserves policy based on an assessment of thè risks faced by the foundation
and have directed £175,000 of general reserves lo a designaled WOT*ing ¢aprtal fund so that unrestricted funds
not committed or Invested in tangible fixed assets held by the foundation are suffioent lo sustain the foundation's
eslimaled basi¢ costs for a period of up lo six months. This wlicy is regulady r8Vi8W8d.
The trustees are also satisfied that the designated fund currently holds suffiaenl resaLl￿e$ in respect of the
urrent reserve policy.
Prlncipal funding sour¢•s
The princip81 funding sources of F¥King the World have traditionally been individual donors, charitable trusts,
large multinational corporations, financial organisations, and the foundation's patron and long-lerTN sponsor Dr
Nguyen Ngoc Vinh MO, CEO and CckFounder of Hong Ngoc General Hospital. During the 2025 financi81 year,
these donors have continued lo contribute a significant portion of the foundalicin's funding. The remaining
donations were received from the foundation's many other generous supporters.
Inv&$tmont policy
Given the nature of the foundation's work, funds need to be readily accessible to cover emergency medical
treatment. Therefore, most of the foundation's funds are kapt in highly liquid ir¢strumenls, principally bank
accounts. The foundation recognises that it needs to consider a larger range of altemalive liquid investment
options and therefore plans a review of it5 investment policy early in the next finanaal year.

FACING THE WORLD
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT} (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
R15k pollcy
The board of trustees regularly rèviews the risks to which the foundation is exposed and has eslat4ished
monrtoring prO￿d￿reS to understsnd and mitigate those risks. The foundation has a Tisk registry readily available
and regularty r?viewed. The principal risks derive from, but are not limited lo. the nature of work undertaken by
the foijndation in pursuit of ils objectives.
For example, Facing the Wortd conducts high risk surgery. Wlh each patient that il treats there is the potential for
complications to emerge during treatment which can cause anlicipaled costs to increase rapidly. In Cfder lo
mitigate this risk, patients, legal guardians give their formal consent that they will not hold Facing the Wortd liable
should there be any complications arising from surgery and the medical team all have their own pers(￿al liability
insurance. Furthermore, all patients treated are patients of the Vietnamese hospita15 and doctor5 They do not
be￿me patients of Fa¢ing the World.
In addition, given the highly specialised nature of the procedures undertaken by Facing the Wortd. there are very
fwi medical professionals who are sufficier7tly qualified to undertake this WOTk. Should ils existing volunteers no
longer be able lo provide medical treatment Mlhout charge, the foundation would face a major obstacle in
delivering ils charitable objectives. To manage this risk, thè foundation is actively trying to recruit addition
qualified rnedical volunteers and international medical units to expand the capacity of the team.
Fundralslng practlces
The foundation has been a mernber of the FundTai5ing Standards Board since October 2013 up until the FSB'S
merger with the Institute of Fundralsing and the creallon of the Fundra15ing Regulator in 2016 at which point
Facing the w￿¢) became a regisleTed member of the Fundraising Regulator.
Rggulatlon
Facing the World adheTes lo the Instrtute of Fundraising's Code of Prath"ce, standards and the requirements of
the Fundraising Regulator. The foundation is registered with the Fundraising Regulator and is committed to
mplying wth all new regulatory standards.
The foundation has had no Fundralslng Regulator adjudications and has had no slgnllicanl failures to comply
th these standards. Facing the Wodd review compliance through audit, active monitoring of feedback, and
taking corrective action when required.
Standards and monitoring
Facing the World is committed to following the highest ethical stsndards arKI lo ensuring a quality supporter
experience. The founllalion has detailed policies and procedures in place that in many cases go beyond the
minimum requirements for the sector. Performance is regularly monitored through a range of methods le.g. seed
115ts, regular internal audits). Trustee meetings and fundraising discusslons ensure that all Faung the World
fundraisers. and those who work on the foundatiL￿'s behalf, are aware of, and are adhering lo, its hÈgh
standards.
Complalnts
In line with the Fundraising Regulator rules, the fDundatlOn 15 required lo report any complaints on a calendar
year basis. The trustees are pleased lo note that there were no complaints received for the year under review.

FACING THE WORLD
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
Managing ¢ommunl¢atSons
Most P80ple who donate money lo the foundation want lo know how their money will make a difforence. So, the
foundalion asks whether thèy would like lo be kept in touch with and updated on the charity's work and how they
have helped. From time lo time, the foundation will ask whether they would like to support the WO￿ fijrther - for
example, by increasing their donation5 or by taking part In a particular ovent. Supporters are polled for their
preferences on how the foundation communicates with them, and they are given the option to let the foundation
know if they would prefer less contact, or none al all. Facing the Worfd is always respectftjl of their wishes and
does not sell OT exchange lists of data with other charities or Eompanies for marketing or fundraising purposes.
The foundation is fully compliant with the recent GDPR regu18tions and has put in plac8 all the approprialo
policies.
Protecting the public
All Facing the World fundraisers receivo detailed training in how to identify and protect people in vulnerable
eireumslances. If the foundation fundraisers èncounter someone showing signs of distress, confusion or
vulnerability, they are trained lo politely end the conversation 8nd refuse any donab'on offer8d in such
circumstance5. In the unlikely event of a donation being taken in such circumstances. the donation would be
refunded. The fOUr￿8t￿on has never had an occasion where this has happen8d.
Plans for the future
The foundation plans lo continue the activities outlined above in the forthcoming years, subjecl lo satisfactory
funding arrangemen15. For the ensuing year, plans have been pul in place and are being further devdoped in
order lo increase the number of patients who can benefit from 115 services, wllh thè focus exclusively on the
Vietnam Programme. In particulaT, the foundation plans lo extend training of medical professionals and the
d8velopmenl of replicable sustainable in-counlry plastic and ￿nIafa￿la1 units in order to levorage as effèctively
as possible the skills of medical volunteers.
The foundation has broadened and deepened it5 acce55 to volunteer medical experts, and this now includes the
majority of top designated centres in the UK, USA and Canada. Progr8mmes in these hospitals can prowde high
quality services and training lo Vietnamese dDCtOTS through the extensive fellowship programme thus enabling
treatment for the wdest range of patlenls in need.
StNcturo, govgrnancè and manag8mont
Gov¢rnSng documont
Facing The World is a Charitable Company limited by guarantee, incorporated on 30th April 2002 and registered
as a charity on 3rd July 2002 Icharfty number 10927721. Faung the Wodd wa8 established under
Memorandurn of Association stating the objects and powers of the Charitable Company and is govemed under
itsArticl8s of Association.
The trustees, who are also the directors for the purpose of company law, and who served during the year and up
to the dale of signature of the finarKial statements were..
Katrin Kandel Burke-smilh
Florian Bast (Chairman)
Simon Fènnell
Peter Schell
Charles Schrager
Michael Chan
Anil Patel
Richard Porter
Peter Clarke
Christopher Forrest
Norrna Timoney {passed away 2 March 20251
(Appointed 12 November 20251
(Resigned 12 November 20251

FACING THE WORLD
TRUSTEES. REPORT {INCLUDING DIRECTORS. REPORTI (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
Re¢ruitm•nt, appolntment and tralnlng of trustaas
Trustees are appointed based on their ability to apply knowledge and skills which are useful for the ongging
succèss of the foundation. Potential trustees are identified by existing board members. Once suitable candidates
have been agreed they are invited to allend a board rneeting as an observer. If they remain interested in
becoming a trustee, the serving board members vole on their nomination. If opproved, they are formally inwted lo
become a trustee by the chair of the board.
Once appointed, new trustees are provided with a brief history of the foundation, the foundation's goveming
documents and minute5 of trustees rneeling5 from the previous twehje months.
None of the trustees have any beneficial interest in the Charitable Company. All of the trustees are nembers of
the Charitable Company and guarantee lo contrlbule £1 in the event of a windlng up.
Terms for trustogs
The trustees look advice from the foundation's legal advisors and unanimously ratified 3-year fixed temis for all
Iruslees with the possibility of reappointment. Members of the existing board have also agreed 19 Staggered
18rrns over the next three years. Al new trustees will have terrns of three years from their date of joining.
Organlsational structure
The board of trustees is responsible for the foundation as set out in the Articles of Association, with day-to-day
adminislralion and management perfomied by the office staff with a¢live board of Iruslees participation. The
board of trustees meets qkjarterly to make decisions with r8gard lo the financial, slralegic and programmatic
operations of the foundation. The foundation has continued lo operate without a salaried CEO during 2025.
Kalrin Kandel Burke Smith Ilrusteel corrtinued to undertake this iole a voluntsry and unpaid basis.
Tho boar(I has established Iwo sub-committees lo ensure the smooth running of the foundation. The first sub-
committee (Finance and Audit Commitleel is responsible for making financial and strategic recommendations lo
the board. The second (Medical Commilleel is responsible for making medical recommendations lo the tKJard.
An informal all-inclusive Medical Committee nelwork biannual meeting has been established lo fa¢ililate a forum
for exchange of ideas_
Declsions relating lo the loundalion's medical actlville5 are founded on consullalion between the team of medieal
volunteers and the board of trustees, taking into aceounl &thies and govemmenl legislation.
Finaneial decisions requiring a commitment of greater than £10,000 require the authorisalion of the board ol
Iruslees. Issues related lo strategic planning and p￿lect devèlopment are also discussed with the board of
Iruslees al ils quarterly meetings, with any decisions ifnplemented by the office 5taft in conjunction with the board
of trusteès.

FACING THE WORLD
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
Relationshlps wlth olher organisations
Facing the World maintain$ a number of successful relationships wlh a range of organi58tions. These include
many of the major UK, USA, Australian and Canadian hospitals. Fellows wl)o are brought over from Vieknam
have the opportunity to observe the appropriate technique5 and approached al, for example". Toronto HospilaS for
Sick Children. Great Ormond Street Hospltal, Birmingham Children's Hospital, Charing Cross Hospital, St
George's Hospital. Chelsea & Weslminsler Hospital, Sl Marys, Evelina, Northwick Park, Moorfields, Alder Hey
Children's Hospital, Liverpool. UK,. Seattle Children's H05pilal, USA, and Adelaide Women and Children's
Hospital. Australia.
The UK DifficLJII AinNays Soclety (DASI has become involved wrth the foundation and ils efforts lo supply Iroining
for Vietnamese anaesthelists in the area of Difficult Airways management. DAS agreed lo spr￿SOr Vi&tnamese
anaesthetisls lo attend the Difficult ￿"lwayS Conferences. Their board has also used their UK network to offer
more training opportunities for the Vietnamese doctors.
In V1elnam, the foundation works With the 51ale, military anLI private sectors. These indude close relationships
wf(h Viel-Du¢ University Hospital, Hong Ngoc General Hospital, Da N8ng General Hospital and 108 Millary
Cèntral Hospital as well as theii respective networks of hospitals throughout Vielnom. These are key partners In
the foundation's overseas training programme as appiopriale cenlres of surgical excellen¢e are established.
Faung the World has contscts wth a number c>f other medical charities and other organisations who are
sometimes beller plaeed lo provide treatment for some of the patient referrals received. These orgarisalions
indude among others,. the NIHI NCI, the Wietnam Red Cross, Siloam Christian Ministri8s, Children of Vietnam,
Children in Crisis, Uganda Hands of Hope and Asociacion Afgentina de Neurofibromolosis.
Key neknrking partnerships help Facing the Worfd to provide quality care lo as many of those patients in néed.
Statpment of Irust•o5' responslbllltlos
The trustees, who are also the directors of Facing rhe World for the purpose of company law, are responsible for
preparing the Trustees. Report and the financial ststemen15 in accordance with applicable law and United
Kingdom Accounting Standards {Uniled Kingdom Generally Accepted A¢counting Practice).
Company Law require5 the Iru51ee5 to prepare financial slalemenls for each financial year which gwe a true and
fair view of the slate of affairs of the foundation and of the incoming resources and applicatson of resources,
induding the income and expenditure, of the charitable company for that year.
In preparing these finallcial statements, th8 trustees are raquired lo..
seled suitable accounting policies and then apply them consistently.,
observe the rnelhods and prinaples in the Charities SORP.,
make judgements and estimates that reasonable and prudelll".
state whelhor applicable UK Acc04Jnling SlandarLls have been followed, subject lo any material departures
dis¢losecl and explained in the f5nancial statements., and
prepare the financial slalements on the going concern basis unle88 it is inappropriate to preS￿n￿ that th8
foundation will continue in operation.
The trusteès ar8 responsible for keeping adequate accounting records that disclose wlh reasonable accuracy at
any lime the financial position of the foundation and enable them to ensure th8t thè financial statements comply
with the Companies Ad 2006. They are also responsible for safeguarding the assets ofthe foundatian and h8nc8
for tsking reasonable steps for the prevention and detection of fraud and other irregularFties.
The Iruslees are responslble for thè maint8nancè and integrity of the corporate and financAal infomalion illeluded
on the foundation's website. Legislation in the United Kingdom governing the preparation and dissemnalion of
financial stalernents may differ from legislation in olherjuri8didion$.

FACING THE WORLD
TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) ICONTINUEO)
FOR THE YEAR ENDED 31 DECEMBER 2025
Auditor
In accordancè ￿th foundation's articles, a resolution proposing that Gèorgiades Charalambou & Co LLP be
reappointed as auditor of the foundation will be pul at a General meeting.
Dlsclosure of infomiation to auditor
Each of the Iruslees has confirmed that there is no infomiation of which they are aware which is ￿levant to the
avdit, but of which the 3LJdilor is un8ware. They have ftJrthÈr confimied that they have taken appropriate steps lo
identify such relevant information and lo establish that the auditor is aware of such information.
Tho trustees, Report was approved by the Board of Trustees.
Florian Bast (chaim￿nI
Trustee
Dated:
1D-

FACING THE WORLD
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF FACING THE WORLD
Opinion
We have 8udited the financial sta18ments of Facing The Worfd Ith8 'foundalion'l for the year ended 31 December
2025 which comprise the statement of financial activities. the balan￿ sheet. the slalernent of cash flows and the
notes to the financial stalemenls, induding a summary of significant accounting policies. The financial reporting
framework that has been applied in their preparation is applicable law and Unrted Kingdom Accounting Standard5,
including Financial Reporting Standard 102 The Financial Reporbng Standard applicable in the UK and Republic ol
Iraland (United Kingdom Generalty Accepted Accounting Practice).
In our oplnlon, the financial stalements".
giv8 a true and fair view of the 51ale of the charitable company's affairs as at 31 December 2025 and of its
incoming resources and ap￿IcatIon of resources, induding ils income and expenditure, for the year then
ended",
have been property prepared in accordance wrth Unitad lfjngdorn Generally Accepted Accounb"ng Practic*"
and
have been prepared In accordance with the requirements of the compani￿ Act 2006,
Basis for opinion
We conducted our audit in acGordanGe wth Inlernaiional Standards on Audiling IUKI (ISAS IUKII and applicable
law. Our responsibilities under those standards are further described in the Auditorfs rèsponsibilitiss fr)r th8 audil DI
the financial statemgnls section of our report. We are independent of the foundation in accordawe wth the elhi¢al
requirements that are relevant lo our audit of the finan￿al statements in the UK, including the FRC'S Ethical
Standard, and we have fulfilled our other ethical responsibilities in accordance wth these requirements. W8 b81iev8
that the audit evideno we have obtsined is sufficient and appropriate lo provide a basis for our opinion.
Conclusions relating to golng concern
In auditing the financial ststements. we have conduded that the trustees. use of the going Con￿rn basis of
accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not Idents"lied any material uncertainties relating to events or
conditions that, individually or ¢olle¢tively, may cast signfficant dDubt on the foundation's ability to continu& as a
going concem for a pericxj of at least Iwelve months from when the financ4al statements are authorised for issue.
Our responsibilib.ès and the responsibilrties of the trustees with respect lo going concern are described in the
relevant sections of this report.
Othgr Infomiatlon
The other information comprises the infotmation included In the annual report other than the financial statements
and o(Jr auditorfs report Ihereon. The Iru51ees are Tespon5ible for the other information contained within the annual
report. Our opinion on the financial statements does not cover the other information and, except lo the extent
otherwise explicitly stated in Dur report, we do not express any foim of assurance cgnclusion thereon. Our
responsibility Is to read the other information and. in doing so, censider whether the other infoimation is materially
inconsistent with the financial statements or our knowledge obtainèd In the eourse of the audit, or othernise appears
lo b8 materially misstated. If we identify such material inconsistencies or apparent material misstalemenls, we are
required lo determine whèthér this gives rise lo a material misslalement in the financial slalemenls thèmselves. If,
based on the work we have perforTned. we conclude that there is 8 material misslalemenl ol this other information,
we are reqtjired to report that fact.
We have nothing to report in this regard.
Oplnlons on other matleTS pre5rribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of our audit..
the infomialion given in the truslee5' report for the finanGial year for whith the financial slalemenls are
prepared. which indudes the directors, report prèpared for the purposes of company law. is consistent wlth the
financial stslements., and
the directors. report induded within the trustees, report ha8 been prepared in accordance with applicable legal
requirements.

FACING THE WORLD
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF FACING THE WORLD
Matters on which we are required to report by èxception
In the light of the knowledge and understanding of th8 foundab'on and its environment obtained in the cours8 of th8
audit, we have not identified material misslatemenls in the ¢Jire¢tors' report induded within the trustees, report.
We have nothing lo report in ￿SpeCt of the following matter8 in relation to which the Comp8nies Act 2006 requires
us to report lo you rf, in our opinion."
adequate accountsng records have not been kept, w returns adequate for our audit have not been reGeived
from branches not visited by us.. or
the financial statements are not In agreement with the accounting records and relums", or
eertain disclosures of Iruslees, remuneration specified by law are not m8de,' or
we have not received all the inforwalion and explanations we require for our audit,. or
the Iruslees w@re not entitled lo prepare the financial statements in accordance with the small companies
regime and lake advantage of the small companies. exemptions in preparing the trustees. report and from the
requirement to prepare a strategic report.
Re5pon5ibilhie5 af trustee5
As explained more fully in the statement of trustees. ￿SponSibl11t1es, the Iruslees, who are also the directors of the
foundation for the purpose of company law, are responsible for the preparation of the financial statements and for
being satisfied that they give a true and fair view. and for such inteinal control as the trustees determine is
n8C@ssary lo enable the preparation of financial slalemenls that are free from material misslalement, whether due
to fraud or error. In preparing the finanaal slatemenls, the trustees are responsible for assessing the foundation's
ability lo continue as a going wncern, disclosing. as applicable, matteTS related lo going concarn and using the
going concern basis of accounlirbg unless the trustees either intend to liquidate the charitsble company or to cease
operations. or have no realisti¢ altematr've bul lo do so.
Auditor's r•sponslbllitl•s for the audlt of tho flnan¢lal $tatoments
Our objectives are lo obtain reasonable assurance about whether the financial statements as a Who￿ are free from
material misststemenl, whether due to fraud or error, and lo issue an audilorfs report Ihal includes our opinion.
Reasonable assLJrance is a high lèvel of assurance but is not a guarantee that an audit conducted in accordance
with ISAS IUKI will always delect a material misstslemenl when it exists Misstalemenls can arise from fraud or
èrror and are considared material rf, individually or in the aggregate, they could reasonably be expected to influen
the economic decisions of users taken on the basis of Ih8s8 financial statements.
Irregularities, induding fraud, are inslances of non-compliance wilh18WS 8nd ￿gL118t10nS, We d8sign procedures in
line with our responsibilth"es, outlined above, lo detect material misstatements in respect cf irregularities, including
fraud.
The 8xtent to whlch the audit wa5 considered capable of detecting irregularities including fraud
Our approach to identifying and assessing the risks of materi81 rnisststémenl in respect of irregLJlaritl8s, including
fraud and non-compliance with laws and regulations, was as follows..
the engagement partner ensured that the engagement team collectively had the appropriate cornpeten￿,
pabililies and skills to identify or recognise non-compliance with applicable laws and regulations.,
• we identified the laws and regulations applicable to the f￿jndaIi0n Ihrgugh discussions with Iruslees ar
other management, and from our knowledge and experience of the Charity sector.,
• we focused on specific laws and regulatlons whid) we conSide￿d may have a direct material effect on the
financial ststemenls or the operations of the foundation, including the Compani@s Act 2006, Charities Acl
2011, taxation legislab.on and data protecb"on, anti-bribery, employment health and safety legislation-
we assessed the extent of compliance wth the laws and regulations identified above through making
enquiries of management and inspecb'ng legal correspondence.. and
identified laws and regulations were communicated wrtttin the audit team regularty and the team remained
alert to Instan￿ of non-cornpliance throughout the audit.
12-

FACING THE WORLD
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF FACING THE WORLD
W8 ass8SS8d the susc8ptibilty of the foundation's financial slalemenls lo rnalerial misstatement, including
obtsining an understanding of how fraud might OCCUT, by..
making enquirie5 of managernent as lo wheTe they consldered the￿ was susceptlbillty to fraud, their
knowledge of actual, suspected and alleged fraud,. and
cOnS￿ering the intornal controls in place to miligale risks of fraud and n0n.compl1a￿e wth laws and
regulations
In response to the risk of irregularities and non-compliance with laws and regtjlations, we designed procedures
which Included, bul were not limited lo..
agre8ing financial sta16ment disclosuT&S to undertying supporting documentation,.
• reading the minutes of meetings of those charged wth governan￿,
enquiring of management as lo actual and poten1181 liligalion 8nd claims,. and
reviewing correspondence with HMRC. relevant regulators including the ¢harily rK)mmission. fundroising
regulator and the foundation's legal advisors.
To 8ddress the risk of fraud through management bias and override of controls, we".
perfomed analytical procedures to identify any unusual or unexpe¢ted relolionships.,
tested journal entries to identify unusual transactions,.
assessed whether judgements and a55umplior15 made in determining the accounting estimates set out
in note 2 were indicative of potential bias". and
investigated the rationale behind significant or unusual Iransaclions.
There are inherent limilalions In our audit procedures desuibed above. The more ￿MOVed that laws and
règulations 8re from financial transactions, the less likely it is that we would ￿cOMe aware of non-compliance.
Auditing standards also limit the audit procedures required lo identify non-compliance with laws and regulations to
enquiry of the ttuslees anLI other managemènt and the inspection of regulatory and legal correspondence. if any.
Material misslalements that arise due lo fraud Can be hard&r lo detect than those that arise from error as they rnay
involve deliberate concealment or ¢ollusion.
A further description of our responsibilities is available on the Financia1 Reporting Council's websitè al.. httpsjl
www.frc.org.uklaudilorsresponsibililies. This description ft)rms part of our auditorfs report.
Masud Abdul-Karim (Sanior Statutory Audilorl
for and on behalf of Goorgiades Charalambou & Co LLP
Chartered CertifiÈd Accountants
Statutory Auditor
283 Green Lanes
PalffleT5 Green
London
N134XS
13

FACING THE WORLD
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2025
Unrestricted Restricted
funds
funds
2025
2025
Total Unr6strlcted Rèstrictad
funds
funds
2024
2024
Total
2025
2024
Notes
Income from:
Donations and legacies
Investments
741,256
850
741,256
850
497,582
3,231
30,000
527,582
3,231
Totsl income
742,106
742,106
500,813
30,000
530,813
Exponditure on:
Raising funds
Charitable activities
45,725
682,780
45,725
726,776
4g,458
483,S81
49,458
539,919
43,998
55,938
Totsl gxpenditure
728.505
43,998
772,501
533,439
55,938
589,377
Net incomelleypendlture) and
movement in funds
13,601
143.9961
{30.3951
132,626}
125,9381
158,5641
Roconciliation of funds..
Fund balances at 1 January
2025
354.062
92.116
446.178
386,688
118,054
504,742
Fund balancès at 31
December 2025
367,683
48.120
415,783
354,062
02,116
446,178
The statement of financial aclivities includes all gains and losses recognised in the yaar. All income and expenditure
derive from continuing actiwties.
14-

FACING THE WORLD
BALANCE SHEET
ASAT 31 DECEMBER 2025
2025
2024
Notss
Flxad assgts
Tangible assets
373
893
Current a$sgts
Debtors
Cash al bank and in hand
13
7,727
435.858
6.617
460,414
443,585
467,031
Creditors: amounts falling due within
one year
14
128,1751
121,7461
Net eurrent ass•ts
415,410
445,285
Total as$ets16ss cuffent Ilabllltles
415,783
446,178
The fund5 of the foundatlon
Restricted income funds
Unr@stricied funds
16
48,120
367,663
92,116
354,062
415,783
446,178
The financial statements were appioveLI by the tru51ee5 On .
Florian 8a5t Ichaitmanl
Trustee
Company registration nurnber 04427304 (England and Wales)
15-

FACING THE WORLD
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2025
2025
2024
Nots$
Cash flows from operatln9 activities
Cash absorbed by operations
22
125,406}
{66.713}
Invgstlng adlvltb9$
Investment income received
850
3.231
Net cash gonerated from Invgstlng
actlvltlas
850
3,231
Nèt cash usod In tinanclng a¢tlvlti•$
Not docroas8 in cash and cash equivalents
(24,5561
{63,482}
Cash and cash equivalents at beginning of year
460,414
523,896
Cash and cash 8qulvalents at end of year
435,858
460,414
16-

FACING THE WORLD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
Acceunting policles
Charlty Infomiatlon
Facing The Wodd 18 a private company limited by guarantee incorporated In England and lthle8. The
registered office is Sulte 5, Bank Chambers, 567 Fulham Road, London, s￿￿ 1 ES.
1.1 Accaunting Convention
The financial slalemenls have been prepared in accordan￿ with the foundation'5 Mefflorandurn and ArtIGles
of Associab"on, the Companies Ael 2006, FRS 102 'The Financial Reporting Standard applicable in the UK
and Republic of Ireland. l°FRS 102.1 and the Charities SORP "Accounting and Reporting by Charities..
Statement of Recommended Practice applicable lo chaiilies prepaiing their aGcounts in accordance with the
Finaneial Reporting Standard applicable in the UK and Republic of Ire18nd IFRS 1021" leffeclive 1 January
20191. The foundation is a Public Benefit Entity as deffi￿d by FRS 102.
The financial slalemenls are prepared in sterfing, which is the fvnctional currency of the foundation. Monetary
amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention with items recogni￿ al
cost or transaction value unless olhe)wise slated in the r818vanl not8lsl lo thése accounts . Th8 prinapal
aGcounling policies adopted are sel out below.
1.2 Golng concem
At the b.me of approving the finanoal stalemenls, the trustees have a reasonable expectation that the
foundation has adequate resoLJrces lo continue in Operational existence for the next 12 months from the dale
of approval of the financi81 slalements. Thus the trustees continue lo adopt the going concern basis of
accounting in prepanng the financial slatemenls. With ward the following year, the most significant areas of
uncertainty of the foundation are the level ol donation income which needs to be raised èach and every y8aT
and is covered in more detail in the perfomiance and risk sections of the trustee's report for MO￿ infomiation
1.3 Charitable lunds
Unrestricted funds are available for use al the discretion of the trustees in furthe￿nce of their charitable
oty'ectives.
Designated funds are unrestricted fvnds of the foundation which the Irust&s have decided al thtir diserelion
to sel aside to use for a specffic purpose
Reslricled funds are donatitsns which the dDntsr has specified are lo be solely used for particular areas of the
foundation'5 work or for specific projeds being undertaken by the foundation.
1A Incomg
All incoming resources are recegnised once the foundation has entitlement to the resources, it is certain that
the resource will be received and the monetary value c>f incoming resources can be rneasured with sufficient
reliability. Incoming resources are reported before expenses. Incoming resou[￿S represent Income generate
from the founéation's ordinary activities which were continued throughout the year.
Donatlons and legacies
Voluntary income includlng donatlons, glfts, legades or grants from various individuals, corporations and
aritable foundations ale recognised where there is &ntitlem&nt. certainty of receipt and where the amount
can be measured with sufficient reliability. Such income is only ofelerred whern..
The donor specifies that the grant or donation mu81 only be used in future accounting periods.
The donor has imposed conditions which mu51 be met before the foundation has unconditional
entitlement.
17~

FACING THE WORLD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
Accounting poli¢l•s
IC¢ntlnu¢d)
Ftsr 5eg8cles, ent￿lement is taken on a case by case basis as the earller of the date on which." the foundation
is aware that probate has been granted, the estate has been finalised 8nd notification has been made by the
exeGutor(sl to the foundats.on that a distribution will be made, or when a distribution is received from the
estate.
Donated goods and seThi¢oS
DDnaled facilities are recognised as income when the foundalion has control over the item. any conditions
associated ¥Mth the donated ilem have been met, the raceipt of economic benefit from the use by the
foundation of the item is probable and that economic benefit can be measured reliably. No value is placed on
donated facilities received where the ￿OnOMiC benefit cannot be measured reliably due lo lack ol infomiation
generally and drfficulty in d8t8miining and mèasuring thè mark8t value of the SUPPOrt given.
No value is placed on the donated professional medical services received as the econornic benefit cannot be
measured reliably du8 to lack of infomialion generally and difficulty in determining and measuring the market
value of the support given.
here the found81ion is able to negotiate and $8cur8 substantial discounts for supplies Of equipment or other
services on terms outside normal commercial arrangements, the difference 1$ recognised as a donated gift in
kind.
Volunteers
No value is plac￿ on volunt88rs who provide assistance to th8 foundation.
In¢¢me from Invg$tment
Interest on funds held on depgsit 15 included when recpivable and the amount can be measured reliably by the
foundation.. this is normally upon notification of the interest paid OT payable by the bank.
Govornment grants
Govarnmenl grants are recognised at the fair value of the asset received Dr receivable when the￿ is
r8asonable assurance that the grant conditions wi11 be mel and the grants will be received.
A grant that specifies performance conditions is recognised in income when the performance conditions are
rllel. Where a grant does not specify performants conditions il is recognised in ineome when the pr¢eeeds
are received or receivable.
1.5 Expgnditure
Expenditure and irrecoverable VAT
Expenditure is recognised On￿ there is 8 leg81 or constructive obligation lo rTake a payment to 8 third party, it
is probable that selllement will be requirecl and th6 amount of the obligation can be measured reliably.
Expendrture is classified under the following activity headings.. Cost of raising fund5 are those costs incurred
in attracting voluntary inCOTne, in particular grant funding, and the costs of maintaining the foundation's profi
within the sector.
Expenditure on Charitable activities includes all direct costs incurred relating lo pab.ent care and to
training aclivilie5, together w4th a550ciated 5UPPOrt cosls.
other expenditure represents those items not falling into any other heading.
Irrecoverable VAT is eharged as a cost agalnsl the activlty for lthlch the expendllure was Incurrèd.
Support costs
Support Costs are Ih05e function5 that assist the wotk of the fourbdalion but do not direcuy undertake
charitable activitiès. Support costs include back office costs, finance, personnel, payroll and governance costs
which support the foundation's activitiès. These costs hav6 been allocated between cost of raising funds and
expenditure on Eharilable activities. The bases on which support Eosts have been allocated ar8 set out in note
18

FACING THE WORLD
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
AGGounllng pollcles
Icontlnuodl
1.6 Tangible fixed assot5
Tangible fixed assets a￿ initially measured at cost and subsequently measured al cost or valuatton. net of
depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their
useful lives on the following bases".
Fixtures fittings
Computers
25% straight line b3SIS
33% slraighl line basis
1.7 Impairment of fixed assets
Al each reporting end date, th& foundation reviews the carrying amounts of ils tsngible assets to detemiine
whether the￿ is any indiGation that Ih05e a55els have Suffered an irnpaiimenl loss. If any suGh indiGalion
exists, the recoverable amount of the asset is estimated in order to delemiine the extent of the impairment
loss lif any).
1.8 Cash and cash equivalents
Cash and ¢ash equiva5enls include cash in hand, deposits held al call with banks, other short-lemi liquid
investments with original matunties of three months or less, and bank overdrafts. Bank overdrafts are shown
within bOrro￿ng8 in current liabilities.
1.9 Financial Instruments
The foundation has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Seciion 12
'Other Financial Instruments Issues, of FRS 10210 all of ils finanual instruments,
Financial instruments are recognised in the foundation's balance sheet when the foundation becomes paty to
the contractua1 provisions of the inslrLJmenl.
Finanual assets and liabilities are offset, wlh the nel amounts prosenled in the finanaal slalemenls, when
there is a legally enforceable right lo set off the recognised amounts and there is an intention to settle on a net
basis or lo realise the asset and settle the liability simultaneously.
Baslc financial assets
Basic finanaal a8sel8, which include debtors and cash and b8nk balances, are initially measured at
transaction price including transacliun costs and are subsequently carried al amortisad cost using the EffeGtive
interest method unless the arrangement Conslilules a financing transaction. ￿ere the transaction is
me£suréd at the present value of the future receipts discounted al a market rale of interest. Financial assets
dassrfied as receivable wi(hin one yeai ate not amortised.
Basic financial liabilities
Basic financial liabilitie5, including creditors and bank loans are inili8lly recogni5ed al transaction pri￿ unless
the arrangement constilules a financing Iransaclion, where the debt instrument is measured at the p￿sent
value of the fvture payments discounted al a market rate of interest. Financial liabilities classified as payable
within one year are not amortlsed.
Trade creditors are obligation5 to pay for good5 or services that have been acquired in the ordinary cOu￿e of
operations from suppliers. Amounts payable are elassified as current liabilities if payment is due within one
year or less. If ngl, they are presented as non-ojrrent liabilities. Trade creditors are reco9nised initially at
transaction price and subsequently measured at amortised cost using the effective interest method.

FACING THE WORLD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
Accounting poll¢l8s
Icontlnued)
1.10 Employee bènefits
The cost of any unused holid8y entitlement is recognised in the period in which the employee's services are
received.
Termination benefits are recognised immediately as an expense when the foundation is demonstrably
committed to lerminale the employment of an employee or lo provide lerminaty'on benefits.
1.11 Retirement benefits
Payments lo defined contribution retirement benefit schemes are charged as an expense as they fall due.
1.12 Foreign exchange
Assets and liabilities in foreign currencies are tran51aled into sterfing al the rates of exchange ruling at the
balanGe sheet dale. Transactions in foreign currencies are translated into steding at the rate of exchange
ruling at the date of transaction. Exchange diflèr8nc8s are taken into account in arriving at the nperating
result.
Critical accounting estimates and judgements
In the application of the foundation's accounting policies, the trustees are required lo make judgements,
estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent
from other sourc8s. Tha 8slimales and associated assumptions are based on historical experience and other
factors that are considered to be relevant. Actual results may differ from these estimates.
Th8 8stimat8s and und@dying assumptions are reviewed on an ongoing basis. Revisions ID accounting
estimates are re¢ognised irb the peTiod in which the estimate is revised where the revision affects l￿[Y that
period, or in the period of the revision and fLrture periods where the revision affects both current and future
periods_
Incomo from donations and 1ogacl•s
UnTestrictod Rèstrictèd
fund$
2025
Total Unrèstricted RestTiCted
fund$
funds
2024
2024
Total
2025
2025
2024
Donations and gifts
Legacies
Donated good5 and
services
162,208
55,000
162,208
55,000
165,837
30,000
195,837
524,048
524,048
331,745
331.745
741,256
741,258
497,S82
30,000
527,582
Oonated goods and seTvice8 Telale8 to the value of flight and accommodation costs for volunteers who
allended the mls5ions, for fellows travelling lo the UK for Ir8ining and for conferences held, all of which were
provided freely or by way of substantial di8counls negotiated and secured by the foundation on leims outside
nomi81 commercial arrangements.
-20-

FACING THE WORLD
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
In¢omo from Investments
Unr8strictod Unr•strictod
funds
funds
2025
2024
Interest receivable
850
3.231
Raising funds
Unrestricted unresth.cted
funds
funds
2025
2024
Fundr
isin
Activities undèrtaken direcuy
Share of support costs
9.528
36,197
16.295
33,163
Fundraising and publicity
45.725
49,458
45,725
49,458
21

FACING THE WORLD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
Charltsblè a¢tivities
2025
2024
Training programme
Fellowship costs
503,495
78,493
348,706
58,561
581.988
407,267
Share of support costs Isee note 71
Share of govemance costs Isee note 7}
110.618
34.170
100,999
31,653
726.776
539,919
Analysis by fund
Unreslricled funds
Rèstricted funds
682.780
43.9
483,981
55,938
726.776
539,919
For the year ended 31 December 2024
Unrestricted funds
Restrided funds
483.981
55,938
539,919
-22-

FACING THE WORLD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
Support Costs
Support Governance
costs
costs
2025
2024 Basis of allocation
Staff costs
orffi￿ overheads
110.547
27,727
5.818
1,459
116,365
29,188
101.703 staff time
31,190 Usage
Audit fees
Legal and professional
fees
A¢countsncy fees
Truste8 costs
9.000
9,000
9.400 Govemance
Governan
738
25,291
405
738
25,291
405
22,673 GDv8mance
849 Governan
138,274
42,711
180,985
165,815
Analysed b8tsveen
Fundraising
Charitsble activities
27,655
110,618
8,542
34,170
36,197
144,788
33,163
132,652
138,273
42,712
180,985
165,815
General support and Govemance support COSts have been allocated lo the aclivilie5 of Fundraising and the
Vietnam PTogramme in the ratio of 200/0 and 800/0 respectively. The costs apportioned represent Staff and
related costs, Premises costs, Office overheads and Depreciation. Governance costs and Trustee costs
Governan￿ costs ir￿ludeS payments lo the auditors of £9,00012024 '. auditors £9,400) ￿ audit fees
Net movement in funds
2025
2024
Nel movement in funds is stated after Chargin￿{CredItIngI
Fees payable to the company's auditor for the audit of the company's financial
statements
Depreciation of owned tangible fixed assets
Operating lèase charges
9,000
519
33.279
9,400
705
30,180
Trustèès
None of the trustees lor any persons connected with theml reeeived any remuneration or benefits from the
foundation duTing the year.
10 Employoes
The average monthly number of employees during the year was..
2025
Number
2024
Number
Admin
23-

FACING THE WORLD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
l O Employees
{Continued)
Employment Costs
2025
2024
ages anLI Salaries
Other pension Gosts
113,866
2,499
99,762
1,941
116,365
101,703
There were no employees whose annual remuneration was more than £60,000.
11 Taxation
Facing the World, as 8 registered charity, is potentially exempl from taxation of income and gain5 falling within
section 505 of the Income and Corporation Taxes Act 1988 and sectlon 256 of the Taxation of Charyeable
Gain Act 1992. No tsx charge has arisen In the year.
12 Tanglblo fixed assets
FlxtLTrres and
flttlngs
Compthprs
Total
Cast
At 1 January 2025
10,418
20,100
30,516
At 31 December 2025
10,416
20,100
30,516
Depreciation and impaimiont
Al 1 Janu8ry 2025
Dep￿cIatiOn charged in the year
10,416
19,208
519
29,624
519
At 31 D8cember 2025
10,416
19,727
30,143
Carrying amount
At 31 Dec8mb6r 2025
373
373
At 31 December 2024
893
893
13 Debtors
2025
2024
Amounts falllng du• wlthln one yoar:
other debtors
Prepayments
4,614
3,113
2.132
4.485
7,727
6,617
-24-

FACING THE WORLD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
14 Cr9dltors'. amounts falllng du9 wlthln one year
2025
2024
Other taxation and social security
Trade creditors
Other creditors
Accruals
454
1,231
591
254
62
20,839
26,490
28,175
21.746
15 Retlrgmgnt boneflt $ch•mo$
2025
2024
Defined contribution s¢h•m•8
Charge to profit or loss In respect of defined eonlribulion sehemes
2.499
1.941
The foundation operates a defined contribution pension scheme for all qualifying employees. The assets of
the stheme are held separately from those of the foundation in a￿ independently administered fund.
16 Restricted funds
The Income funds of the foundation include restr￿ted funds comprising the folb)wing unexpended balances of
donations held on tru51 for training and fellowship programme at the year e[￿..
At 1 January
2025
Incoming
resources
R2sourc8s
gxpended
At31
December
2025
Fellowship Piogramme
92,118
(43,9961
48,120
Previous year..
At 1 January
2024
Incoming
resources
Resources
èxpended
At37
Docembèr
2024
Fellowship Programme
118,054
30.000
155.938)
92,116
Fellowshlp programme
The purpose of the fund is lo provide Fellowships and equipment to M'elnamese medics required for
dèveloping Craniofacial Cenlers of ExCeller￿ lo enable them to follow speeialised training in othér hospitals
around the worfd.
-25-

FACING THE WORLD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
17 Unrestricted funds
During the year, the tru$lee$ Continued lo maintain a working capital fund as a designated fund in order to
ensure both the Short term liquidity and the long term financial stability of the foundation. The fund was
deemed to be necessary and sufficient to sustain the foundation's basic operational costs for a period of at
least six months.
At 1 January
2025
In¢omlng
rgsour¢gS
Resources
9xpondgd
At31
Dg¢gmbgr
2025
Designated funds
Gerberal funds
175,000
179.062
175,000
192,663
742,106
{728,5051
354,062
742,106
{728,505
367,663
Prevlous year:
Al 1 January
2024
In¢omlng
resour¢es
RÈsourees
exponded
At31
De¢&mber
2024
Designated fvnds
General funLIs
175,000
211,688
175,000
179,062
500,813
{533,439
386,688
500,813
533,439
354,062

I tD
o) l? C¥
YJ YJ

FACING THE WORLD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
19 Op9rating lease ¢ommitmonts
Lessee
Al the reporting end dale the fDundation had outstsnding commitments for lulure minimum lea8e payments
under nOn-Can￿lIable operating leases, which fall due as follows".
2025
2024
Within one year
14,700
13,680
20 Related party transactions
During the year Mrs Kalrin Burké Smith ltrustee} was reirnbursed £2,85812024.' £3,320) for expenses paid on
behalf of the foundation.
During the year the charity received donations of £1,00012024= £9.0001 from trustees.
21 Control
The foundatiDn is ￿tiMatelY controll8d by tho trustees.
22 Cash generated from operations
2025
2024
Deficit for the year
130,3951
{58,564)
Adjustments for..
Investment income recognised in ststemenl of financial ath'vib'es
Depreciation and impairment of tangible fixed assets
18501
520
13,2311
705
Movaments in working capital..
Ilncreasel in debtors
Increaselldecrease) in creditors
11,1101
6.429
{6221
{S.C￿lI
Cash absorbed by operations
125,4061
166,7131
23 Analysls of ¢hanges In nèt funds
The foundation had no mat8rial debt during th8 year.
-28-