2024-12-31-accounts - Human Relief Foundation

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COMPANY REGISTRATION NUMBER: 06195282 CHARITY REGISTRATION NUMBER: 1126281 SCOTTISH CHARITY NUMBER: SC038671

Human Relief Foundation

(Company Limited by Guarantee)

Annual Report and Financial Statements

31 December 2024

K B M UK LIMITED

Chartered certified accountants & statutory auditor 1 Concord Business Centre Concord Road London UK W3 0TJ

Human Relief Foundation

Annual Report and Financial Statements

Year ended 31 December 2024

		Page
Charity Information		1
annual report (incorporating the director's report)		2
		13
Independent auditor's	report to the members	14
Charity only Statement of financial activities		18
Consolidated Statement of financial activities		19
Consolidated and Charity Balance Sheets		20
Consolidated Statement of cash flows		21
Notes to the financial statements		22

Human Relief Foundation

Charity Information

Year ended 31 December 2024

Registered charity name	Human Relief Foundation
Charity registration number	1126281
Company registration number	06195282
Scottish Charity Number	SC038671
Principal office and registered	2 Claremont
office	Bradford
	BD7 1BQ
	England
The trustees
	Dr H Al-Khaffaf (Chairman)
	Mr Bara Abdul-Salam
	Mr Mohanned Rahman
	Mr Suhail Sharief
	Mr Ayad Al-Rawi
Company secretary	Mr Kassim Tokan
Auditor	K B M UK Limited
	Chartered certified accountants & statutory auditor
	1 Concord Business Centre
	Concord Road
	London
	UK
	W3 0TJ
Bankers	National Westminster
	699 Wilmslow Road
	Manchester
	UK
	M20 6NW
	HSBC UK Bank PLC
	47 Market Street
	Bradford
	UK
	Al Rayan Bank
	44 Hans Crescent
	Knightsbridge
	London
	SW1X 0LZ
Solicitors	Fieldings Porter Solicitors
	Silverwell House
	Bolton
	UK
	BL1 1PT

Human Relief Foundation

Trustees' Annual Report (Incorporating the Director's Report)

Year ended 31 December 2024

The Trustees are pleased to present their annual report together with the consolidated financial statements of the charity and its subsidiary for the year ended 31 December 2024, which are also

The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Articles of Association and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

Mission and strategic objectives

Human Relief Foundation (HRF) is an International Non-Governmental Charitable Organisation. HRF seeks to promote sustainable economic and social development by working with local communities through relief and developmental programmes, supporting them to build a better life and find their own solutions to global problems. For over three decades HRF has been instrumental in helping to save lives and relieve human suffering in some of the poorest regions of the world.

We provide emergency relief and assistance to people caught up in extraordinary, life-threatening situations. Globally, HRF has permanent offices strategically located around the world (Bradford, , Glasgow and Birmingham), allowing us to actively provide global assistance whenever and wherever it is needed.

Our mission is to achieve lasting improvement in the quality of life of people, regardless of their gender, race, religion, class or political affiliation, by mobilising resources, building partnerships and developing local capacities to:

Enable individuals, groups and communities to mitigate the effects of disaster and crisis, prepare for their occurrence and provide humanitarian relief and recovery;
Assist the disadvantaged in becoming self-reliant by developing their own solutions to development challenges and creating sustainable livelihoods;
Promote sustainable development and address the root causes of conflict through programmes that target education, shelter, water and sanitation, health and nutrition and humanitarian dialogue;
Support the vulnerable, disadvantaged and marginalised and enable them to voice their needs; and
Build local capacities.

The charity relies heavily on the generous donations it receives from fellow charities, individuals and other organisations.

This annual report details what we have achieved during the year to 31 December 2024.

Fundraising

The Charity has always applied the policy of fundraising through our own staff and volunteers and does not have any arrangements with commercial participators, professional fundraisers and third party organisations.

Fundraisers and volunteers are recruited primarily where the organisation has an office such as Bradford, London and Birmingham with the intention of raising funds for our charitable objectives.

Human Relief Foundation is a member of the Fundraising Regulator and in 2024 we received no complaints during the year under review.

Human Relief Foundation

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year ended 31 December 2024

Human Relief Foundation staff are trained in fundraising methods to ensure that the approach we apply

Achievements and performance

IRAQ

Following the end of the violent conflict brought on by ISIL/ISIS, Iraq has been working towards a sustained national stabilisation, through economic and social recovery. Recovery efforts have targeted members of society at all levels and within all facets, with particular emphasis given to the efforts focused on supporting disenfranchised and marginalized groups. Development actors working in the region had established a consensus in 2023 that in order to promote a sustainable cohesive recovery in Iraq, a focus must be given to the reintegration of marginalised groups. This consensus carried through to 2024 and was seen to impact the strategies of many actors, including HRF. Reintegration efforts focusing on livelihood strengthening, social cohesion, and Mental Health and Psycho-Social Support (MHPSS) were of particular importance in areas that were heavily impacted by the conflict.

MHPSS

HRF made significant strides in 2024 in both personnel knowledge and capacity, in regard to the implementation of MHPSS focused projects. This progress was demonstrated by the successful Members in Ninewa, Anbar, Kirkuk, and Sala al50 beneficiaries - half of whom were Al Hol Camp returnees and the other half host community members - the project effectively leveraged the positive impact of MHPSS programmes to support the reintegration of vulnerable returnees. Providing 750 individuals with MHPSS including psychoeducation, group and individual sessions based on the severity of the trauma, as well as training on life and emotional skills. The project fostered the resilience of the beneficiaries and their families so that they may be able to better integrate into their communities. Importantly the project rehabilitated two community-based centers to provide these MHPSS services. Throughout the project, HRF staff enhanced their understanding of MHPSS programmes, including their core components, implementation requirements, future.

Livelihoods

Sustainable economic growth and social development has been a key driver of HRFs interventions. In 2024, HRF continued the implementation of a number of livelihood focused interventions in Iraq to help achieve this. This included the successful conclusion of HRFs collaboration with UN Women, titled P women impacted by crises, displacement, and disasters due to climate change and exacerbated food insecurity by taking urgent actions to deal with the increasing risks, enabling them to contribute to, and benefit from, disaster risk reduction inclusive of Economic Recovery by strengthening Small and Medium Enterprises (SMEs) in Baqubah District, Diyala d in 2024, marking their achievement of the objectives established in 2023.

The HRF/UNWomen project aimed to strengthen the resilience of vulnerable women impacted by crises, displacement, and disasters due to climate change and food insecurity, and enabling them to contribute introduction of green initiatives within female led businesses, by equipping beneficiaries with green innovative skills, business management, capacity building training and awareness raising sessions. The project goal was met by implementing activities that supported the resilience of refugee and IDP women through improved access to green productive and financial assets, and green skills building

Human Relief Foundation

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year ended 31 December 2024

The HRF/UNDP project offered resilient employment opportunities to vulnerable Iraqis, including youth and women, through support provided to SMEs to improve their skills, access to finance, and maintenance of their assets. The activities implemented as part of this project intervention focused on providing skills development training in business management and marketing to support entrepreneurship and SMEs in the targeted areas.

Education

HRF Iraq is dedicated to providing communities in need with education based assistance projects. These projects are integral to the social development of Iraq and its communities. With the support of private donors, in 2024, HRF successfully distributed 550 school bags and full stationery kits to students in Mosul, and provided First Aid training to 23 participants with the goal of building first aid skills and Vocational Training Computer Course, the course empowered 21 unemployed men with essential at providing 20 women with income-generation training in manual crafts.

Orphan sponsorship

Under the HRF Iraq Orphan Sponsorship Programme, cash grants were distributed to over 252 orphans and 16 families as part of the sponsorship. The Orphan Sponsorship Programme also supported the

Seasonal Assistance

Every year HRF Iraq implements faith based seasonal assistance programmes, including the Ramadan project, the Eid Al-Adha Sacrifice Project, and the Eid Al-Adha Orphan Gift Distribution. Under these projects HRF is able to provide support in various sectors, such as food security and general humanitarian assistance (i.e. Non-Food Items). The success of these projects is best demonstrated by the scale of their impact. For example, the 2024 Ramadan Project delivered a total of 1080 food baskets, 200 hot meals, 400 student iftars, 200 Eid gifts, and Zakat to 20 families. Other achievements include the delivery of Eid Al-Adha Gifts to 37 orphan boys and girls, the distribution of meat to vulnerable households as part of the Eid Al-Adha Sacrifice Project, and the distribution of over 1,040 blankets and 520 Turkish carpets to 520 vulnerable families under the Winter Relief Assistance project.

Health

HRF Iraq successfully organised for 50 low-income individuals to receive cataract surgeries to help restore their vision and improve their quality of life.

PAKISTAN

Faced with tackling overlapping challenges, relative to economic, political, social, and environmental issues, 2024 in Pakistan was marked by many hardships. Despite modest GDP growth, soaring inflation and inequality have deepened poverty and hardship, especially in underserved regions like Balochistan and Khyber Pakhtunkhwa. Girls and children face severe risks, including child marriage, abuse, and limited access to education and healthcare. Nearly half the population is under 18, but many children remain undocumented, out of school, or malnourished, with 40% stunted and thousands missing vaccinations. Social programmes like BISP and education funds offer vital support but suffer from unequal reach. Meanwhile, digital gaps, underfunded health systems, and vulnerability to climate disasters add to the strain. Refugees and children with disabilities face especially harsh conditions[1] . Though progress is being made through targeted initiatives, vast inequalities and systemic barriers

1 UNICEF Pakistan Annual Report 2024

Human Relief Foundation

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year ended 31 December 2024

WASH

Working closely with HRFs generous donors, a number of clean water systems were installed including 45 communal hand pumps (Afridev) for the most vulnerable communities of district Tharparker, Sukkur, Umarkot and Lakki Marwat. In addition to, 3 solar-powered pumps in the water-scarce districts of Tharparker, Sukkur Sindh, and Rajanpur, Punjab. This project provides clean drinking water to marginalized communities. Before installing solar pumps, people in the area had no access to clean drinking water and they had to cover long distances to reach clean drinking water or were compelled to use unsafe drinking water.

Food Security

As part of the seasonal initiatives implemented by HRF, the Pakistan team carried out a series of - initiatives to help support security in the regio families of district Rajanpur. Also, under this initiative during the month of Ramadan, 62 most vulnerable families Distributionfamilies of UC Chak Shekari and Rajanpur city of district Projectparcels of fresh meat distributed among 406 poor families. HRF was also pleased to collaborate with the Abu-Ya -Yasein Iftar MealsIn the second phase, 100 Iftar Food bags were distributed in the poorer communities of Rajanpur.

Health

HRF through its implementing partner LRBT Mansehra conducted 114 sight restoring cataract surgeries during the month of May 2024.

Education

As part of HRFs "Back-to-School" project, school bags were sent to 123 students and overall 286 (girls and boys) received stationary and notebooks for writing. The "Back-to-School" project made a significant impact by distributing school bags to students in Mardan. This effort aims to encourage education for children in these disadvantaged communities.

Orphan sponsorship

In 2024 the Orphan Support Program delivered by HRF focused on providing care and fostering development for vulnerable orphaned children across the programme district of Mardan, Attock and Kohat. The programme aims to address critical needs in health, education, nutrition, and emotional wellbeing, providing opportunities for orphans to grow in a supportive and empowering environment.

BANGLADESH

Hosting over 1 million Rohingya refugees from Myanmar i Bangladesh continued to face significant challenges in 2024, many of which were further exacerbated by natural disasters, civil unrest, and public health emergencies. The UNICEF reported that approximately 18.4 million people, across 29 districts were affected by devastating floods (including in areas that have not experienced foods in over 40 years) and a major cyclone, which left 6.4 million people, mostly women and children, in urgent need of assistance[2] . Many refugees struggled to access basic services due to issues of increased vulnerability in camps brought on by water-borne disease outbreaks, malnutrition, inadequate health facilities, and an acute lack of educational opportunities for adolescents.

2 UNICEF Bangladesh Humanitarian Situation Report No. 70: 01 January-31 December 2024

Human Relief Foundation

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year ended 31 December 2024

Multi-sector Response

-Sector Assistance for Displaced implementation in 2020. The project assists Rohingya communities but specifically targets the Refugee -d oriented towards addressing the three key thematic challenges faced by the Rohingya communities in Kutupalong; urgent and immediate needs, socio-economic development, and environmental sustainability. The project combines several different outputs to provide comprehensive support for vulnerable Rohingya communities in Bangladesh. In 2024 the project was in its final stages, concluding with the end of the project period. The project's success is evident in the increased health awareness, reduced morbidity, improved educational outcomes, and enhanced economic opportunities for women. It is also reflected in the tangible impact it has on the community, including the construction and installation of 4,100 Mid-Term Shelters, 1,025 Shower blocks, 1,025 Toilet blocks, 4,100 Solar Panels, and 4,100 Fire Extinguishers (including training for those households).

Another multi-

the aim of creating sustainable and self-sufficient communities by addressing multiple needs. The project combined shelter, education, health, livelihood, and environmental protection efforts to provide holistic support to the beneficiaries. Designed to address the diverse needs of vulnerable communities, the Eco Village project aimed to create a sustainable and resilient environment for the beneficiaries by integrating various sectors. The project successfully constructed eco-friendly houses using recycled materials and incorporating solar panels, proving safe and sustainable living conditions for the beneficiaries. And established homestead gardens, small farms, and cottages with a learning centre for skills development, creating job opportunities and promoting self-sufficiency among the beneficiaries.

Emergency Response

In response to severe flooding in Bangladesh, HRF Bangladesh launched an Emergency Flood Response project to provide immediate relief and support to affected households. Internal funding was utilised to run the project from September 1 to November 30, 2024, in the Feni district, benefiting 2,500 families (12,500 individuals) with essential food, non-food items, and medical support. HRFs Bangladesh team also responded to the dramatic drop in temperature in the later half of the year, providing emergency relief to families in Lalmonirhat district of Bangladesh with a mass blanket distribution to 500 families under the Warm Cloth Distribution project.

Orphan Sponsorship

As part of HRFs long standing Orphan Support Programme 98 vulnerable children in Pabna, Kushtia, and Rajbari, received monthly stipends in cash or kind monthly comprehensive support, according to their needs, including food, clothing, education, and hygiene items. HRF aims to secure more funding and transform it into a long-term initiative with lasting impact.

WASH

The Water Programme implemented during 2024, saw the installation of 45 tube wells, benefiting 1,125 individuals across different parts of Bangladesh. These wells have provided a consistent and safe water source for drinking, cooking, and other daily needs. The project also focused on building awareness about water safety, hygiene practices, and tube healthy maintenance for long-term sustainability.

Livelihoods

Under HRF Development Project was implemented targeting 60 women in the Pabna District. The Livelihood Skill Training project aimed to enhance the economic independence of disadvantaged women by providing them with valuable skills.

Human Relief Foundation

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year ended 31 December 2024

This initiative not only improved their livelihoods but also contributed to the overall economic development of their communities. The initiative was largely seen as a success with all women having benefited from the support, many of whom are now seen to be setting up production houses and running the social business for their livelihood. Livelihood support continued in Bangladesh in the form of educational support though the initiative focused on providing educational support for children and adolescents, focusing on vocational education for women, targeting life skills. This project was

Shelter

Throughout 2024 HRF Bangladesh repaired shelters for 50 households, equating to 250 individuals, and constructed new shelters for vulnerable Rohingya and host community members, ensuring equitable access to safe housing. The programme emphasised long-term sustainability through proactive shelter condition assessments.

Health

HRF's Health Post in Cox's Bazar served an approximate total of 9,704 Rohingya and host community members, providing comprehensive care like vaccinations, mental health support, and chronic disease management. Beyond medical services, the programme empowered communities through health education, hygiene promotion, and sensitization activities, fostering long-term well-being and a healthier future.

Seasonal initiatives

During the holy month of Ramadan, HRF Bangladesh ensured that vulnerable families had access to essential nutrition. The Food Security - Ramadan project aimed to provide food parcels, Eid gifts, and Iftar packets to needy families, allowing them to observe Ramadan with dignity and comfort. The project, funded by Abu Yasein Foundation, Good Gift, Hamlets, and Limehouse Masjid, was implemented in and Sathia Upazila of Pabna district. It benefited 925 families with food parcels, provided 1,400 Iftar packets, and distributed 124 Eid gifts to children aged 5-7.

The Qurbani Program supported disadvantaged families through the distribution of Qurbani meat. HRF Bangladesh ensured families had access to essential nutrition and could celebrate Eid joyfully. The project supported 400 households, benef

JORDAN

Under the strain of hosting approximately 710,000 refugees[3] , the majority of which are Syrian, Jordan is facing a wide array of challenges, and is heavily reliant on international actors' support when it comes to funding the resources available to host communities and refugees. The Jordanian Government, with the support of UN Agencies and the wider international community, consistently implements projects and schemes aimed at providing support to refugees.

Food Security

Throughout the year HRFs Jordan country team implemented a number of initiatives targeting food security. Food parcels were key to these initiatives and HRF worked to provide food support through food parcels containing the main items that the family needs urgently and periodically, up to 15 items, which contribute to alleviating the burden on families in securing bold food items for families.

As part of the seasonal initiatives implemented by HRF, the Jordan team delivered the successful execution of Qurbani inside Jordan on the first day of Eid al-Adha and distribution of fresh meat to poor families, and as part of the Iftar Ramadan project ready-to-eat cooked meals were delivered during Ramadan to poor families and having some families gather to eat as groups.

Human Relief Foundation

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year ended 31 December 2024

Health

Working to support the Hope Centre project in Zaatari camp, donor funds were utilised to help provide physical therapy to Syrian refugees who have been affected by the war in Syria. A total of 290 patients were treated at the centre thanks to HRFs intervention. Under the umbrella of another health centred intervention HRF worked to support the local community providing medicine or paying for medical examinations, treatment, and performing some minor surgeries.

Orphan Sponsorship

Under the HRF Orphan Sponsorship Programme, cash grants are transferred quarterly to the registered Orphan Sponsorship Programme.

Humanitarian Assistance

Understanding the significant impact cash assistance can have on vulnerable people, HRF works to provide financial support to families in need through the form of cash grants or payments towards a commitment such as rent, electricity and water bills, or paying instalments for science students. HRFs humanitarian assistance initiatives also included the Eid clothing project for orphans. The project is an large stores available in the areas of the presence of orphan families, and with a coupon system for each orphan child, the mother buys what suits the child of clothing.

Shelter

The basic need for shelter is present in all humanitarian contexts. To support the provision of this need HRF Jordan worked with families in the Jerash camp to restore the homes of impoverished families. Rehabilitation work included plastering, tiling, plumbing, electricity, water, insulation and ventilation works.

YEMEN

ises, with an estimated

18.2 million people expected to require humanitarian aid and protection services in 2024. Although the informal truce largely holds, the country remains deeply affected by ongoing conflict and displacement, protection challenges, climate change impacts, and a worsening economic situation[4] .

Health

In a context where neonatal mortality remains high due to inadequate healthcare infrastructure, HRF -saving neonatal incubators in Seera District, Aden. The project aimed to address the urgent needs of premature and malnourished infants. In addition to equipment delivery, HRF trained local medical staff and supported salaries to ensure continued operation. This intervention is expected to save hundreds of lives annually and enhance neonatal care capacity.

Seasonal Initiatives & Food Security

In a country where meat is a rare luxury for many, HRF Yemen implemented its Qurbani project during Eid Al-Adha 2024 by distributing 110 sheep to 880 vulnerable families across Aden, Abyan, Lahj, and Hadramout. Each sheep supported 8 families, offering them access to fresh meat some for the first time in months. Beyond nutrition, the distribution revived a sense of celebration and equity during Eid, providing emotional relief and reinforcing social bonds in communities struggling under economic hardship.

Human Relief Foundation

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year ended 31 December 2024

During Ramadan 2024, HRF responded to the deepening food crisis in Yemen by distributing 350 food baskets and 360 Eid gifts to internally displaced persons (IDPs), vulnerable families, and persons with special needs across Aden, Lahj, and Hadramout. In a time when many families were unable to secure basic food or celebrate religious traditions, this intervention helped restore dignity, ease the burden of fasting, and bring joy to hundreds of children and adults. The project also supported orphans in choosing their own Eid clothes.

GHANA

Ghana ranked 55th globally and 4th in Sub-Saharan Africa on the 2024 Global Peace Index but faced security threats from regional instability. The country faced a number of challenges including governance deficits, social instability, and regional security risks. However, Ghana was seen to make strong efforts to achieve a number of the UNs Sustainable Development Goals, with advancements being made in regard to healthcare through the National Health Insurance Scheme, and enhanced educational opportunities under the Free Senior High School policy[5] .

WASH

sponsored by the funds raised through private donors. The two dominant initiatives implemented were borehole wells and basic water wells. Each borehole well reached an approximate 800 plus beneficiaries, with a total of 3 being constructed over 2024. The installation of a basic water well was the prominent WASH based initiative in Ghana with 29 being installed in 2024. Regions of implementation included; Upper East Region; Oti Region; Northern Region; North East Region; Eastern Region; Central Region; Greater Accra Region; Ashanti Region.

Education

HRF is dedicated to providing communities in need with education based assistance projects in Ghana. These projects aim to foster values of respect, trust, participation and ownership amongst the community members. Under HRFs Ghana Education Project the country team organised for the provision of needed items for Krofufrom School Complex and Extension of electricity from the town to the Center.

Seasonal Initiatives & Food Security

1500 individual beneficiaries were delivered food packages. This food packages initiative was implemented

==> picture [427 x 42] intentionally omitted <==

the Republic of Benin. With 1200 beneficiaries receiving meat.

Our volunteers

The charity gratefully accepts the help of its 25 volunteers who help the charity to raise funds by working in its shops. Without the commitment of these individuals the contribution made by the sale of donated goods could not be achieved.

Volunteers undertake a variety of roles within retail fundraising including collecting donated goods, amounts to the equivalent of 20 (2023: 20) full time equivalent staff.

5 UN Ghana Annual Results Report 2024

Human Relief Foundation

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year ended 31 December 2024

Financial review

The trustees are pleased with the financial performance of the charitable group for the year ended 31 December 2024.

The results on the consolidated statement of financial activities show an overall deficit of £339,665, compared to a deficit of £268,738 in the previous financial year.

The trustees would like to see an increase in funding received from institutional donors and voluntary income. The trustees believe that now is the right time to increase its fundraising activities as the economy has recovered from the pandemic as the environment has returned to normality with the restrictions lifted. Overall, the trustees are satisfied with the performance of the organisation given the exceptionally tough trading conditions and an increase in competition.

The trading subsidiary company, Delta One Investments Limited, continues to sell donated goods and the trustees are pleased with its contribution to the funding of the charity.

the foreseeable future.

Reserves policy

In assessing the appropriate level of reserves to be maintained by the group, the trustees take historic and forecast levels of income and expenditure and their volatility into account. This has resulted in a current policy of maintaining the level of free reserves in the range of 3 to 6 months forward expenditure. The Board reviews the policy on reserves annually.

The current level of funds held by the charity at the year-end amounted to £6,909,369 (2023 - £7,249,024) and included restricted funds of £6,647,875 (2023 - £7,408,139). After deducting restricted funds and fixed assets, including the investment property, the Group had free reserves of £261,493 (2023 deficit of £159,115).

Plans for future periods

humanitarian activities in Bangladesh as well as expanding operations in all current international field offices. Domestically within the UK, the Board plans to do more community charitable projects and intends to increase the number of charity shops in London.

Reference and administrative Details

For reference and administrative details please see Charity Information on page 1.

Structure, Governance and Management

The Directors of the Charitable Company are its Trustees for the purposes of charity law. The Trustees and Officers serving during the year and since the year end were as follows:

Dr Haytham Al-Khaffaf (Chairman) Mr Bara Abdul-Salam Mr Mohanned Rahman Mr Suhail Sharief Mr Ayad Al-Rawi

Company Secretary - Mr Kassim Tokan

Human Relief Foundation

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year ended 31 December 2024

The Senior Management Team takes day to day responsibility for operational management of the Charity. During the year the Senior Management Team comprised the following key individuals:

Dr Nabeel Ramadhani Chief Executive Officer/President Mr Kassim Tokan - Deputy Chief Executive Officer Mr Mohammed Rahman Head of International Programmes Mr Naeem Amza Accountant

Constitution

Human Relief Foundation is a company limited by guarantee, governed by its articles of association which have not been amended since incorporation on 30 March 2007. The charity registered with the Charity Commission on 14 October 2008 after receiving a gift in kind upon the dissolution of its predecessor charity also named Human Relief Foundation. The liability of members is limited to £1 per member.

The charity has a trading subsidiary, Delta One Investments Limited, a company limited by shares, registered company number 07461733.

Appointment of Trustees

The Board of Trustees consists of local people that collectively have the skills, expertise and experience to ensure that the Charity is managed effectively.

Where a vacancy arises, a new trustee is appointed only by the passing of a resolution of the Board of Trustees.

Trustee induction and training

Trustees are inducted by the Board approving their applications, having regard to their potential Trustees. Once appointed, new Trustees are briefed and given a training handbook. In some cases, it may be mutually agreed that a formal course will be beneficial; the Charity will arrange formal tuition with NCVO or other provider as appropriate.

Organisation

The Board of Trustees administers the Group. The Board normally meets 4 times per year, covering matters pertaining to finance, investment, governance, human resources, fundraising, public relations and retail.

The Board of Trustees includes a range of individuals with the appropriate knowledge and experience. External advisors may be engaged, be they paid or voluntary, where the Board deem it necessary to support them in their role.

A President and Senior Management Team are appointed by the Trustees to manage the day-to-day operations of the Charity. To facilitate effective operations the President and the Senior Management Team under the direction of the President have delegated authority for operational matters.

Related parties and co-operation with other organisations

None of our Trustees receive remuneration or other benefit from their work with the Group. Any connection between a Trustee or member of the Senior Management Team, a supplier, funder, supporter, organisation working collaboratively with, or beneficiary of the Group must be disclosed to the Board of Trustees in the same way as any other contractual relationship with a related party.

Human Relief Foundation

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year ended 31 December 2024

The work of the Charity is internationally recognised and in April 2003 Special Consultative Status with the Economic and Social Council of the United Nations was granted. HRF is a signatory of the Code of Conduct for the International Red Cross and Red Crescent Societies and has a partnership agreement with the European Commission Humanitarian Aid (ECHO). It is also a member of the British Overseas National Development Forum (BOND).

-owned subsidiary company, Delta One Investments Limited, trades on the

Pay policy for senior staff

The pay of the President and Senior Management Team is reviewed annually and is normally increased in line with inflation and comparable roles within the sector.

Principal risks and uncertainties

The Trustees have identified resources and established review systems to manage organisational risk.

The Trustees maintain a risk register of the risks faced by the Charity and its subsidiary that is reviewed at least annually ~~.~~ The risk register records the risks that may arise in each area of the Charity’s operations, along with the policies, systems and procedures in place to mitigate them. Risks are identified, assessed, and scored according to their likelihood and impact. Appropriate steps are then taken to mitigate them in day-to-day operations.

The principal risks and uncertainties faced by the Group at the time of writing are as follows:

Increase in competition where a growing number of charities are seeking funds from the same donors.
Compliance requirements with relevant laws and regulations.
Foreign exchange risk.
Safeguarding assets against unauthorised use.
The continued ability to transfer funds to certain jurisdictions.

Statement as to disclosure to our auditor

ort:

there is no relevant information, being information needed by the auditor in connection with preparing their report, of which the group’s auditor is unaware, and the Trustees, having made enquiries of fellow directors and the group’s auditor that they ought to have individually taken, have each taken all steps that he/she is obliged to take as a director in order to make themselves aware of any relevant audit information and to establish that the auditor is aware of that information.

Auditor

KBM Chartered Certified Accountants and Statutory Auditors have indicated their willingness to be reappointed as auditor.

Mr Mohanned Rahman Trustee

Date: 28th-Oct-2025

Human Relief Foundation

Year ended 31 December 2024

accordance with applicable law and UK Accounting Standards (UK Generally Accepted Accounting Practice).

Company law requires the Trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charitable company and the group and of the incoming resources and application of resources, including the income and expenditure, of the charitable company and the group for that period. In preparing the financial statements, the Trustees are required to:

select suitable accounting policies and then apply them consistently; observe the methods and principles in the Charities SORP;
make judgements and estimates that are reasonable and prudent;
state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
prepare financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue to operate.

The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and the group 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 charity and the group and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

The Trustees are responsible for the maintenance and integrity of the corporate and financial information gislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Human Relief Foundation

Independent Auditor's Report to the Members of Human Relief Foundation

Year ended 31 December 2024

Opinion

We have audited the financial statements of Human Relief Foundation (the 'charity') for the year ended 31 December 2024 which comprise the statement of financial activities (including income and expenditure account), statement of financial position, statement of cash flows and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

Give a true and fair view of the state of the charity's affairs as at 31 December 2024 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 Accounting Practice;
have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity'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 trustees with respect to going concern are described in the relevant sections of this report.

Human Relief Foundation

Independent Auditor's Report to the Members of Human Relief Foundation (continued)

Year ended 31 December 2024

Other information

The other information comprises the information included in the annual report, other than the financial opinion on the financial statements does not cover the other information and, except to the extent otherwise 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 determine 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 information, we are required to report that fact.

We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

The information given in the trustees' report for the financial year for which the financial statements are prepared is consistent with the financial statements; and
The trustees' report has been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charity and its environment obtained in the course of the audit, we have not identified material misstatements in the trustees' report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

Adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
The financial statements are not in agreement with the accounting records and returns; or
Certain disclosures of trustees' remuneration specified by law are not made; or
We have not received all the information and explanations we require for our audit.

Human Relief Foundation

Independent Auditor's Report to the Members of Human Relief Foundation (continued)

Year ended 31 December 2024

Responsibilities of trustees

As explained more fully in the trustees' responsibilities statement, the trustees (who are also the directors for the purposes 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 internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as 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 charity or to cease operations, or have no realistic alternative but to do so.

Auditor's responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Enquiry of management and those charged with governance around actual and potential litigation and claims as well as actual, suspected and alleged fraud;
Reviewing minutes of meetings of those charged with governance;
Assessing the extent of compliance with the laws and regulations considered to have a direct material effect on the financial statements or the operations of the company through enquiry and inspection;
Reviewing financial statement disclosures and testing to supporting documentation to assess compliance with applicable laws and regulations;
Performing audit work over the risk of management bias and override of controls, including testing of journal entries and other adjustments for appropriateness, evaluating the business rationale of significant transactions outside the normal course of business and reviewing accounting estimates for indicators of potential bias;
Performing audit work over the timing and recognition of revenue and in particular whether it has been recorded in the correct accounting period; and
Considering whether any restrictions on income are properly identified and that expenditure allocated to restricted income is appropriate.

Human Relief Foundation

Independent Auditor's Report to the Members of Human Relief Foundation (continued)

Year ended 31 December 2024

As part of an audit in accordance with ISAs (UK), we exercise professional judgment and maintain professional scepticism throughout the audit. 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 is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting 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 relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the internal control.
Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures 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 charity's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's 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 auditor's report ~~.~~ However, future events or conditions may cause the charity t o 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 underlying transactions and events in a manner that achieves fair presentation.

We communicate with those charged with governance regarding, 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 during our audit.

Use of our report

This report is made solely to the charity's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charity's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's members as a body, for our audit work, for this report, or for the opinions we have formed.

Mr Mohammed Afzaal Bhatti (Senior Statutory Auditor)

For and on behalf of K B M UK Limited Chartered Certified accountants & statutory auditor 1 Concord Business Centre Concord Road London W3 0TJ

Date: 28/10/2025

Human Relief Foundation

Charity only Statement of Financial Activities (including income and expenditure account)

Year ended 31 December 2024

		Unrestricted	Restricted			Total
		Funds	Funds		Total 2024	2023
	Notes	£	£		£	£
Income from:
Donations and non-performance
grants	3	2,322,093	1,666,247		3,988,340	3,810,861
*Income from charitable activities*
Grants receivable	3	-	4,221,916		4,221,916	3,155,950
*Other income*	3	4,083	-		4,083	5,230
*Income from investments*	3	106,973	-		106,973	20,044
Total income		2,433,149	5,888,163		8,321,312	6,992,085
Expenditure on:
Raising funds	4	654,032	-		654,032	873,996
Charitable activities	4	1,402,086	6,689,098		8,091,184	6,419,827
Total expenditure		2,056,118	6,689,098		8,745,216	7,293,823
Net income		377,031	(800,935)		(423,904)	(301,738)
Transfers between funds		(40,672)	40,672	-
Other gains and losses
Unrecognised gain/(loss) on investments		84,249			84,249	42,681
Net income and net movement in
funds	5	420,608	(760,264)		(339,655)	(259,057)
Total funds brought forward		(159,115)	7,408,139		7,249,024	7,508,081
	12,
Total funds carried forward	13	261,493	6,647,875		6,909,369	7,249,024

The Statement of Financial Activities complies with the requirements for an income and expenditure account under the Companies Act 2006 and includes all gains and losses recognised in the year.

The results for the year all relate to continuing operations.

A fully detailed charity only Statement of Financial Activities for the year ended 31 December 2023 is shown at note 18.

Human Relief Foundation

Consolidated Statement of Financial Activities (including income and expenditure account)

31 December 2024

		Unrestricted	Restricted		Total
		Funds	Funds	Total 2024	2023
	Notes	£	£	£	£
Income from:
Donations and non-performance
grants	3	2,285,316	1,666,247	3,951,563	3,755,105
*Other trading activities*
Retail - sale of donated goods		533,797	-	533,797	526,420
*Income from charitable activities*
Grants receivable	3	-	4,221,916	4,221,916	3,155,950
*Other income*	3	4,083	-	4,083	5,230
*Income from investments*	3	106,973	-	106,973	20,044
Total income		2,930,169	5,888,163	8,818,332	7,462,749
Expenditure on:
Raising funds	4	1,149,928	-	1,149,928	1,325,346
Charitable activities	4	1,402,086	6,689,098	8,091,184	6,419,827
Total expenditure		2,552,014	6,689,098	9,241,112	7,745,173
Net income / expenditure	5	378,155	(800,935)	(422,780)	(282,424)
Transfers between funds		(40,672)	40,672	-
Other gains and losses
Unrecognised gain/(loss) on investments		84,249	-	84,249	42,681
Taxation	9	(1,124)	-	(1,124)	(28,995)
Net income and net movement in	funds	420,608	(760,264)	(339,655)	(268,738)
Total funds brought forward		(159,115)	7,408,139	7,249,024	7,517,762
	12,
Total funds carried forward	13	261,493	6,647,875	6,909,369	7,249,024

The Statement of Financial Activities complies with the requirements for an income and expenditure account under the Companies Act 2006 and includes all gains and losses recognised in the year.

The results for the year all relate to continuing operations.

A fully detailed Consolidated Statement of Financial Activities for the year ended 31 December 2023 is shown in note 19.

Human Relief Foundation

Balance Sheets

31 December 2024

		Group	Group	Charity	Charity
		2024	2023	2024	2023
	Notes	£	£	£	£
Fixed assets
Tangible assets	8	553,896	590,279	537,901	568,979
Investment properties	9	125,000	125,000	125,000	125,000
Investments - Subsidiary	9	-	-	1	1
Investments - Bitcoin	9a	156,765	72,516	156,765	72,516
		835,661	787,795	819,667	766,496
Current assets
Debtors	10	896,069	552,207	1,256,383	1,173,989
Cash at bank and in hand		5,470,236	6,048,095	5,115,211	5,439,138
		6,366,306	6,600,302	6,371,594	6,613,127
Creditors:Amounts falling due within
oneyear	11	(292,599)	(139,073)	(281,893)	(130,599)
Net current assets		6,073,706	6,461,229	6,089,701	6,482,528
Total assets less current liabilities		6,909,369	7,249,024	6,909,369	7,249,024
Funds of the charity
Unrestricted funds		261,493	(159,115)	261,493	(159,115)
Restrictedfunds	12	6,647,875	7,408,139	6,647,875	7,408,139
Total funds	13	6,909,369	7,249,024	6,909,369	7,249,024

The notes on pages 22 to 44 form part of these financial statements.

28th-Oct-2025 The financial statements were approved by the board on .......................:.:.5.. and signed on its behalf by:

Mr Mohanned Rahman Trustee

Company registration number: 06195282

Human Relief Foundation

Consolidated Statement of Cash Flows

31 December 2024

	Notes	2024	2023
		£	£
Cash generated from operations	16	(684,832)	703,936
Interest Paid		-	(1,981)
Income taxes Paid		-	(25,452)
Net cashprovided by operating activities		(684,832)	676,503
Cash flows from investing activities
Purchase of property, plant and equipment		-	(28,443)
Bank interest received		106,973	19,313
Net cash used in investing activities		106,973	(9,130)
Change in cash and cash equivalents in the year		(577,859)	667,373
Cash and cash equivalents at the beginning of the year		6,048,095	5,380,722
Total cash and cash equivalents at the end of the year		5,470,236	6,048,095

Human Relief Foundation

Notes to the Consolidated Financial Statements

31 December 2024

1. Accounting policies

The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

1.1 Accounting convention

The financial statements have been prepared on a going concern basis in accordance with accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effe Standard applicable in the UK and Ireland (FRS 102), the Companies Act 2006, the Charities Act 2011 and the Charities Accounts (Scotland) Regulations 2006.

Human Relief Foundation meets the definition of a public benefit entity under FRS 102.

Assets and liabilities are initially recognised at cost or transaction value unless otherwise stated in the relevant accounting policy notes.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £1.

group accounts the charitable company has taken advantage of certain exemptions conferred by section 1.11 of FRS 102 as follows:

Exemption from presenting a charitable company statement of cash flows as a primary statement to the financial statements.

1.2 Going concern

The Trustees recognise that the charity has negative unrestricted funds but positive funds overall. Measures were put in place late 2023 to try and alter the balance between restricted and unrestricted donations and the Trustees recognise that further actions need to be taken, which will be done early 2025. Given the charity has a successful track record of fundraising, the Trustees anticipate that the charity will be able to generate the additional unrestricted funds necessary to reverse the negative unrestricted position but that this will be through 2025.

Given the above and the expected level of income and expenditure for 12 months from the authorisation of these financial statements, together with the overall level of reserves and cash at bank, the Trustees bel Accordingly, the financial statements have been prepared on a going concern basis.

1.3 Basis of consolidation

The financial statements consolidate the results of the charity and its wholly owned subsidiary, Delta One Investments Limited, on a line-by-line basis.

Human Relief Foundation

Notes to the Consolidated Financial Statements (continued)

31 December 2024

1.4 Income

Income is recognised when the charity has entitlement to the funds, any performance conditions attaching to the item(s) have been met, it is probable that the income will be received and the amount can be measured reliably.

Income from grants is recognised when the charity has entitlement to the funds, any performance conditions have been met, it is probable that the income will be received and the amount can be measured reliably. Where grant income has been received, but the charity has not met the conditions to become entitled to the income, an income deferral is made.

Donated goods and services

Donated professional services and donated facilities are recognised on the basis of the value of the gift to the charity, which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is recognised in expenditure in the period of receipt.

ised at the point of sale. As a result of the high volume of low value donated goods received, the cost of recognising these items at fair value on receipt would outweigh the benefit of recognising them in the accounts.

In accordance with the Charities SORP (FRS 102), the value of volunteer time is not recognised in the financial statements.

Investment income

Interest on funds held on deposit is included when receivable and the amount can be measured reliably, normally upon notification of interest paid or payable by the Bank. Rents from investment properties are included when they are receivable by the charity.

1.5 Fund accounting

Unrestricted funds are funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for a particular purpose. Where no on-going restriction remains and all original conditions and restrictions have been met in relation to the original grant or donation, funds are transferred to general funds. The purpose and use of the restricted funds is set out in note 12.

1.6 Expenditure

All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings, they have been apportioned on a basis consistent with the use of the resources.

The cost of raising funds includes fundraising event costs, direct campaigns, general information and public relation costs and their associated support costs.

Expenditure on charitable activities relates to expenditure in furthe including grants awarded and associated support costs.

Irrecoverable VAT is charged as a cost against the activity for which expenditure was incurred.

Human Relief Foundation

Notes to the Consolidated Financial Statements (continued)

31 December 2024

Allocation of support costs

Support costs are those functions that assist the work of the charity and include administration, finance, human resources, information systems and governance costs. These costs have been allocated between the costs of raising funds and expenditure on charitable activities on the basis set out in note 4.

1.7 Operating leases

Rentals payable under operating leases, including any lease incentives received, are charged to the statement of financial activities on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease asset are consumed.

1.8 Staff costs

The costs of short-term employee benefits are recognised as a liability and an expense where settlement of obligations does not fall within the same period.

Employee severance pay is recognised within the accounts, on an accruals basis, in the year in which the employee left the organisation.

1.9 Investments

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently, it is measured at fair value at the reporting end date. The surplus or deficit on revaluation is recognised in the Statement of Financial Activities.

Investments in subsidiaries are stated at cost and the trustees review the carrying value annually for indications of impairment.

Investments in Bitcoin are carried at fair value at the reporting end date. The surplus or deficit on revaluation is recognised in the Statement of Financial Activities.

1.10 Tangible fixed assets

Fixed assets are included on a historical cost basis. It is a policy of the trustees that individual items with a cost below £500 are not capitalised.

Depreciation is provided at the following rates and bases to write off the cost of tangible fixed assets and no charge in the year of disposal:

Freehold buildings 2% straight line Leasehold buildings 20% straight line Fixtures and fittings 20% straight line Motor vehicles 20%reducing balance Computer equipment 25% straight line

Freehold land is not depreciated.

1.11 Stock

Due to the high volume and low value of stock items, it is impractical to estimate the fair value of goods goods is instead recognised upon sale

Human Relief Foundation

Notes to the Consolidated Financial Statements (continued)

31 December 2024

1.12 Financial instruments

Financial instrumen contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity held for working capital. Bank overdrafts are shown within borrowing in current liabilities.

Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid.

Financial assets, other than those held at fair value through profit and loss, are assessed for indicators of impairment at each reporting end date.

Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset. Impairment losses are recognised in the income and expenditure account.

Creditors, loans and provisions

Creditors, loans and provisions are recognised where the group has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors, loans and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

cancelled or they expire.

Amounts recognised as provisions are best estimates of the consideration required to settle the present obligation at the reporting end date, taking into account the risks and uncertainties surrounding the obligation.

1.13 Taxation

Human Relief Foundation is a registered charity and as such is a charity within the meaning of schedule 6 of the Finance Act 2010. Accordingly, the Charity is potentially entitled to tax exemption under part11 of the Corporation Tax Act 2010 or section 256 of the Taxation of Chargeable Gains Act 1992 in respect of income and gains arising.

The trading subsidiary is liable to corporation tax on its chargeable profits. Current tax is provided at amounts expected to be paid (or recovered) using the tax rates and laws that have been enacted or substantially enacted at the balance sheet date. Low levels of corporation tax arise on the subsidiary as profits are gift aided to the charity.

1.14 Foreign currency

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All differences are taken to statement of financial activities

Human Relief Foundation

Notes to the Consolidated Financial Statements (continued)

31 December 2024

1.15 Pensions

The group operates a defined contribution scheme for the benefit of employees. Contributions are charged as an expense to the statement of financial activities in the period in which they fall due.

2. Critical accounting estimates and judgements

estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised, if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

Key sources of estimation uncertainty

The estimates and assumptions which have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities are as follows:

Accrued income

Accrued income has been included within these financial statements when its receipt is considered probable. Management assesses the probability of its receipts by considering contracts and agreements in place, current relationships with funders and, where applicable, work performed.

Human Relief Foundation

Notes to the Consolidated Financial Statements (continued)

31 December 2024

3. Income

	Unrestricted	Restricted
For the year ended 31 December 2024	income	income	Total 2024
	£	£	£
Donations and non-performance Grants:
Donations from individuals and charitable
organisations (including gift aid)	2,285,316	1,666,247	3,951,563
Gift Aid donation from subsidiary	36,777		36,777
UK Care for Children	-		-
Charity only total	2,322,093	1,666,247	3,988,340
Gift Aid donation from subsidiary	(36,777)		(36,777)
Retail Sale of Donated Goods In subsidiary	533,797		533,797
Group Total	2,819,113	1,666,247	4,485,360
Income from Charitable activities
Performance related grants receivable:
Bangladesh IDP Project	-	327,667	327,667
UNDP Diyala / UNDP Cash for Work Project	-	525,390	525,390
UNDP SC-UASAID-RPA-002-23	-	2,265,273	2,265,273
UNDP 318-23	-	35,356	35,356
UNDP SC-SIDA-RPA-001-24	-	1,029,330	1,029,330
UN Women	-	15,808	15,808
IOM - Yemen	-	11,672	11,672
GIZ	-	11,420	11,420
Total	-	4,221,916	4,221,916
Other Income:
Rental Income	4,083	-	4,083
Total	4,083	-	4,083
Income from investments:
Bank Deposit Interest	106,973	-	106,973
Exchange Gains		-	-
Total	106,973	-	106,973

CHARITY TOTAL	2,433,149	5,888,163	8,321,312
GROUP TOTAL	2,930,169	5,888,163	8,818,332

Human Relief Foundation

Notes to the Consolidated Financial Statements (continued)

31 December 2024

3. Income

		Unrestricted	Restricted
For the year ended 31 December 2023		income	income	Total 2023
		£	£	£
Donations and non-performance Grants:
Donations from individuals and charitable
organisations (including gift aid)		1,361,145	2,225,102	3,586,247
Gift Aid donation from subsidiary		55,756		55,756
UK Care for Children		168,858		168,858
Charity only total		1,585,759	2,225,102	3,810,861
Gift Aid donation from subsidiary		(55,756)		(55,756)
Retail Sale of Donated Goods In subsidiary		526,420		526,420
Group Total		2,056,423	2,225,102	4,281,525
Income from Charitable activities
Performance related grants receivable:
Bangladesh IDP Project			288,701	288,701
UNDP217 Project			168,022	168,022
UNDP301 Project			619,035	619,035
UNDP318 Project			455,504	455,504
UNDP SC-UASAID-RPA-002-23			1,271,320	1,271,320
UN Women			175,047	175,047
IOM - Yemen			6,982	6,982
GIZ			171,339	171,339
Total	-		3,155,950	3,155,950
Other Income:
Rental Income		5,230		5,230
Total		5,230	-	5,230
Income from investments:
Bank Deposit Interest		19,313		19,313
Exchange Gains		731		731
Total		20,044	-	20,044

CHARITY TOTAL		1,611,033	5,381,052	6,992,085
GROUP TOTAL		2,081,697	5,381,052	7,462,749

Human Relief Foundation

Notes to the Consolidated Financial Statements (continued)

31 December 2024

4. Analysis of Expenditure

		Allocated
For the year ended 31 December 2024	Direct costs	costs	Total 2024
	£	£	£
Expenditure on raising funds:
Donations campaign	-	117,080	117,080
Donations-fundraising activities	419,872	117,080	536,952
Charity only total	419,872	234,160	654,032
Retail costs in subsidiary	495,896	-	495,896
Group total	915,768	234,160	1,149,928
*Expenditure on charitable activities:*
Health, education and skills development	328,992	114,402	443,394
Widows and orphans support	602,215	243,105	845,320
Qurbani	288,930	114,402	403,332
Emergency and natural disasters	1,295,780	686,415	1,982,195
Grant funded programmes	4,206,200	210,743	4,416,943
	6,722,117	1,369,067	8,091,184
Other expenditure
Total expenditure(charity only)	7,141,989	1,603,227	8,745,216
Total expenditure(group)	7,637,885	1,603,227	9,241,112

Human Relief Foundation

Notes to the Consolidated Financial Statements (continued)

31 December 2024

4. Analysis of Expenditure (continued)

		Allocated
For the year ended 31 December 2023	Direct costs	costs	Total 2023
	£	£	£
Expenditure on raising funds:
Donations campaign	-	108,840	108,840
Donations-fundraising activities	656,317	108,839	765,156
Charity only total	656,317	217,679	873,996
Retail costs in subsidiary	451,350		451,350
Group total	1,107,667	217,679	1,325,346
*Expenditure on charitable activities:*
Health, education and skills development	399,858	120,202	520,060
Widows and orphans support	592,061	247,824	839,885
Qurbani	226,629	116,610	343,239
Emergency and natural disasters	894,007	696,513	1,590,520
Grant funded programmes	2,924,149	201,974	3,126,123
	5,036,704	1,383,123	6,419,827
Other expenditure
Total expenditure(charity only)	5,693,021	1,600,802	7,293,823
Total expenditure(group)	6,144,371	1,600,802	7,745,173

Human Relief Foundation

Notes to the Consolidated Financial Statements (continued)

31 December 2024

4. Analysis of Expenditure (continued)

Support costs

Support costs have been allocated based on an estimate by management of time spent by employees contributing to each activity. Support costs have been allocated as follows:

For the year ended 31 December 2024	Employment costs	Premises costs	Administration costs	Total 2024
Donations campaign	45,578	7,154	64,348	117,080
Donations - Fundraising
activities	45,578	7,154	64,348	117,080
Health, education, and skills
development	-	11,446	102,956	114,402
Widow and orphan support	-	24,323	218,782	243,105
Qurbani	-	11,446	102,956	114,402
Emergency appeals	-	68,677	617,738	686,415
Grant funded projects	82,040	12,877	115,826	210,743
	173,196	143,077	1,286,954	1,603,227

In line with the previous year certain employment costs are allocated directly to fundraising or restricted activities, as appropriate, rather than being included within support costs.

For the year ended 31 December 2023	Employment costs	Premises costs	Administratio n costs	Total
Donations campaign	36,941	6,536	65,363	108,840
Donations - Fundraising activities	36,941	6,536	65,362	108,839
Health, education, and skills
development	-	10,458	109,744	120,202
Widow and orphan support	-	22,223	225,601	247,824
Qurbani	-	10,458	106,152	116,610
Emergency appeals	-	62,747	633,766	696,513
Grant funded projects	66,494	11,765	123,715	201,974
	140,376	130,723	1,329,703	1,600,802

Human Relief Foundation

Notes to the Consolidated Financial Statements (continued)

31 December 2024

5. Net Income for the Year

Net Income for the year is stated after charging:

	2024	2023
	£	£
Depreciation of owned assets	36,381	33,338
Foreign Exchange Gain/loss	22,394	42,426
Operating Lease Charges		71,395
Auditor's remuneration:
- for the audit of the financial statements	12,000	18,250
-for the provision of other services	3,600	9,650

6. Information regarding trustees and employees

	2024	2023
	£	£
Staff Costs Comprise of:
Wages and Salaries	1,423,836	1,839,293
Social and Security Costs	179,323	172,535
Pension Costs	14,974	4,731
	1,618,134	2,016,558

During the year, the group employed an average of 146 staff (2023 121)

The Trustees received no remuneration or benefits during either year. Trustees received a total of £nil (2023 - £nil) in respect of out-of-pocket expenses incurred during the year.

The number of employees whose annual remuneration was more than £60,000 is as follows:

	2024	2023
	Number	Number
Staff paid more than £60,000	1	1

During the year the brother of Mr M Rahman, a trustee, was employed by the charity on a full-time basis as the Head of International Programmes. He received gross remuneration of £57,099.96 (2023 - £56,183) during the year.

The key management personnel of the charity and group comprise the trustees and senior management team. The total employee benefits of the key management personnel employed by the charity and group, which encompasses 3 individuals plus the trustees, were £203,176.41 (2023 - £194,738).

Human Relief Foundation

Notes to the Consolidated Financial Statements (continued)

31 December 2024

7. Taxation

Human Relief Foundation is a registered charity and as such is a charity within the meaning of schedule 6 of the Finance Act 2010. Accordingly, the charity is potentially entitled to tax exemption under part 11 of the Corporation Tax Act 2010 or section 256 of the Taxation of Chargeable Gains Act 1992 in respect of income and gains arising. Given this, no tax charge arises on the charity.

The trading subsidiary is liable to corporation tax on its chargeable profits. Current tax, including UK corporation tax and foreign tax, is provided at amounts expected to be paid (or recovered) using the tax rates and laws that have been enacted or substantially enacted at the balance sheet date. Details of the current tax charge are included at note 9.

8. Tangible Fixed Assets

	Freehold	Leasehold	Fixtures
	land and	Land and	and	Computer	Motor
Group	buildings	buildings	Fittings	Equipment	Vehicles	Total
	£	£	£	£	£	£
Cost
1 January 2024	685,825	36,464	106,485	106,048	12,426	947,248
Additions						-
Disposals						-
31 December 2024	685,825	36,464	106,485	106,048	12,426	947,248
Depreciation
1 January 2024	138,224	20,263	94,113	91,945	12,425	356,971
Charge for the year	22,476	3,293	4,168	6,444		36,381
Eliminated in respect of
disposals						-
31 December 2024	160,700	23,556	98,282	98,389	12,425	393,351
Net Book Values
31 December 2024	525,125	12,908	8,203	7,659	1	553,896
31 December 2023	547,600	16,201	12,374	14,104	-	590,279

Human Relief Foundation

Notes to the Consolidated Financial Statements (continued)

31 December 2024

8. Tangible Fixed Assets (continued)

	Freehold	Leasehold	Fixtures
	land and	Land and	and	Computer	Motor
Charity	buildings	buildings	Fittings	Equipment	Vehicles	Total
	£	£	£	£	£	£
Cost
1 January 2024	685,825	20,000	56,692	106,048	12,426	880,991
Additions	-	-	-	-	-	-
Disposals	-	-	-	-	-	-
31 December 2024	685,825	20,000	56,692	106,048	12,426	880,991
Depreciation
1 January 2024	138,224	20,000	49,419	91,945	12,425	312,014
Charge for the year	22,476	-	2,157	6,444	-	31,076
Eliminated in respect of
disposals	-	-	-	-	-	-
31 December 2024	160,700	20,000	51,576	98,389	12,425	343,090
Net Book Values
31 December 2024	525,125	-	5,116	7,659	1	537,901
31 December 2023	547,600	-	7,275	14,104	-	568,979

9. Investments

The charity and Group

	2024	2023
	£	£
UK Investment Property
Market value at 01 January 2024 and 31
December 2024	125,000	125,000

The investment property has an historic cost of £300,000 and was independently valued by A J Idle MRICS of Andrew Idle Commercial Property Limited on 10 June 2015 on the basis of open market value. The Trustees believe that the valuation still materially represents fair value at the balance sheet date.

Human Relief Foundation

Notes to the Consolidated Financial Statements (continued)

31 December 2024

9. Investments

The Charity owns 100% of the ordinary share capital of Delta One Investments Limited, a company registered in England and Wales whose principal activity is the sale of donated goods. Under a deed of covenant, the subsidiary gifts its taxable profit to the parent charity as a Gift Aid donation.

The income and expenditure of Delta One Investments Limited, which have been included in these consolidated accounts, for the year ended 31 December 2024 is summarised below:

	2024	2023
	£	£
Turnover sale of donated goods	533,797	526,420
Administrative expenses	(495,896)	(451,350)
Other operatingincome		-
Profit on ordinaryactivities for the financialyear	37,901	75,070
Interest payable and similar expenses		(1,981)
Gift aid payment to Human Relief Foundation	(36,777)	(55,756)
Profit on ordinary activities before taxation	1,124	17,333
Tax on profit on ordinary activities	(1,124)	(27,014)
Profit retained for the financial year	0	(9,681)

The aggregate assets, liabilities and funds were:

	2024	2023
	£	£
Fixed assets	15,995	21,300
Current assets	363,772	620,419
Liabilities	(379,767)	(641,718)
	1	1
Called up share capital	1	1
Profit and loss account	0	-
	1	1

Human Relief Foundation

Notes to the Consolidated Financial Statements (continued)

31 December 2024

9a. Investments

	2024	2023
	£	£
Investment
(cryptocurrencies)
Brought Forward	72,516	29,836
Revaluation	84,249	42,680
Carried Forward	156,765	72,516

Cryptocurrencies were donated to the charity in a prior year and are re-measured at fair value as of the reporting date.

10. Debtors

	Group		Charity
	2024	2023	2024	2023
	£	£	£	£
Trade Debtors	2,089	6,601	2,089	6,601
Amount Owed By subsidiary	-	-	367,479	633,244
Prepayments	394,366	183,190	394,366	94,812
Accrued Income	333,520	330,137	327,667	411,173
Other Debtors	162,848	26,979	162,786	26,917
Taxes and socialsecurity costs	3,246	5,300	1,996	1,242
	896,069	552,207	1,256,383	1,173,989

11. Creditors Amounts falling due within one year

	Group		Charity
	2024	2023	2024	2023
	£	£	£	£
Trade Creditors	99,531	90,906	98,712	90,906
Other Creditors	6,539	7,234	3,853	3,761
Accruals and grant commitments	186,529	40,933	179,328	35,932
Deferred income	-	-	-	-
	292,599	139,073	281,893	130,599

Human Relief Foundation

Notes to the Consolidated Financial Statements (continued)

31 December 2024

12. Movements in restricted funds

For the year ended 31 December 2024	01-Jan-24	Income	Expenditure	Transfers	31-Dec-24
Health, education and skills
development	27,170	188,980	(330,160)	114,010	-
Widows and Orphans support	717	574,981	(602,215)	26,517	-
Qurbani	500,093	120,394	(288,930)	-	331,557
Emergency appeals	6,073,464	769,392	(1,293,433)	-	5,549,423
Bangladesh IDP Project	4,770	327,667	(161,546)	(170,891)	-
UNDP 217 Project	15,978	-	-	(15,978)	-
UNDP 301 Project	10,267	-	-	(10,267)	-
UNDP 318 Project	61,527	35,356	-	(96,883)	-
UN Women Project	107,613	15,808	(39,324)	(84,097)	-
UNDP Diyala Project	-	525,390	(305,960)	-	219,430
GIZ Project	147,464	11,420	(78,934)	-	79,950
IOM Yemen	-	11,672	-	-	11,672
UNDP SC-USAID-RPA-002-23	151,439	2,265,273	(2,313,669)	-	103,043
UNDP SC-SIDA-RPA-001-24	-	1,029,330	(991,990)		37,340
Jordan branch	155,852	2,264	40,477	-	198,593
Iraq branch	151,746	10,236	(323,184)	278,261	117,058
			-		-
Yemen branch	39	-	230	-	191
			-
	7,408,139	5,888,163	6,689,098	40,672	6,647,876

Human Relief Foundation

Notes to the Consolidated Financial Statements (continued)

31 December 2024

12. Movements in restricted funds (continued)

For the year ended 31 December
2023	01-Jan-23	Income	Expenditure	Transfers	31-Dec-23
Health, education and skills
development	-	427,028	(399,858)		27,170
Widows and Orphans support	-	592,778	(592,061)		717
Qurbani	520,830	205,892	(226,629)		500,093
Emergency appeals	5,975,958	991,513	(894,007)		6,073,464
Bangladesh IDP Project	-	288,701	(283,931)		4,770
UNDP 217 Project	-	168,022	(152,044)		15,978
UNDP 301 Project	-	619,035	(608,768)		10,267
UNDP 318 Project	-	455,504	(393,977)		61,527
UN Women Project	-	175,047	(67,434)		107,613
UNDP Diyala Project	-	-	(11,937)	11,937	-
GIZ Project	-	171,339	(23,875)		147,464
IOM Yemen	-	6,982	(13,892)	6,910	-
UNDP SC-USAID-RPA-002-23	-	1,272,253	(1,120,814)		151,439
Jordan branch	180,870	6,919	(31,937)		155,852
Iraq branch	351,363	-	(199,617)		151,746
Yemen branch	-	39	-		39
			-
	7,029,021	5,381,052	5,020,781	18,847	7,408,139

Human Relief Foundation

Notes to the Consolidated Financial Statements (continued)

31 December 2024

12. Movements in restricted funds (continued)

Restricted funds consist of unspent restricted grants and donations. The nature and application of the restricted funds are as follows:

==> picture [446 x 372] intentionally omitted <==

----- Start of picture text -----
Fund Nature and application
Provides support to beneficiaries with healthcare, such as immunisations. Also
Health, education and skills
provides beneficiaries with sponsorship in educational and skills courses to
development
help them become self-reliant.
Widow and orphan support Provides orphans and vulnerable families with food, water, shelter, education and
accommodation.
Facilitates the requirements of the donors where it is obligatory to perform
Qurbani Qurbani. The beneficiaries of this fund are in the poorer countries who will
benefit the most.
This is intended to aid those beneficiaries who urgently require assistance
Emergency appeals such as victims of earthquakes, internally displaced people as a result of
conflict etc.
Bangladesh IDP Project Multi-sector assistance for displaced Rohingya refugees in Bangladesh.
Provision of demand-driven vocational training for youth in Mosul, Iraq, in the
UNDP217 Project construction and housing sectors informed by a rapid local market assessment.
Provision for supporting livelihood through agriculture in Sinjar, Sinune and Al-
UNDP301 Project
Mahalabia, Ninawa Iraq.
Supporting a Resilient Economic Recovery by Strengthening the SMEs Sector in
UNDP 318-22
Anah, Anbar governorate -Iraq.
UNDP SC-USAID-PRA Community Security and Integration Process
UN Women For the empowerment of women.
Supporting a Resilient Economic Recovery by strengthening Small and Medium
UNDP Diyala
Enterprises in Baqubah District, Diyala Governorate.
Enhancing the Response Capacity of Humanitarian Actors in Aden Governorate
IOM - Yemen
through Prepositioning of Essential Relief Items in Aden
GIZ Stabilisation Support in Iraq through Violence Prevention
Bangladesh IDP Multi-sector assistance for displaced Rohingya refugees in Bangladesh.
----- End of picture text -----

Human Relief Foundation

Notes to the Consolidated Financial Statements (continued)

31 December 2024

13. Analysis of assets and liabilities between funds

Group - as at 31 December 2024	Unrestricted Funds	Restricted Funds	Total
	£	£	£
Tangible fixed assets	553,896	-	553,896
Investments	281,765	-	281,765
Current assets	(281,569)	6,647,875	6,366,307
Current liabilities	(292,599)	-	(292,599)
Total net assets	261,493	6,647,875	6,909,369
Group - as at 31 December 2023	Unrestricted Funds	Restricted Funds	Total
	£	£	£
Tangible fixed assets	590,279		590,279
Investments	197,516		197,516
Current assets	(807,837)	7,408,139	6,600,302
Current liabilities	(139,073)		(139,073)
Total net assets	(159,115)	7,408,139	7,249,024
Charity - as at 31 December 2024	Unrestricted Funds	Restricted Funds	Total
	£	£	£
Tangible fixed assets	537,901		537,901
Investments	281,766		281,766
Current assets	(276,281)	6,647,875	6,371,594
Current liabilities	(281,893)		-281,893
Total net assets	261,493	6,647,875	6,909,369
Charity - as at 31 December 2023	Unrestricted Funds	Restricted Funds	Total
	£	£	£
Tangible fixed assets	568,979		568,979
Investments	197,517		197,517
Current assets	(795,012)	7,408,139	6,613,127
Current liabilities	(130,599)		(130,599)
Total net assets	(159,115)	7,408,139	7,249,024

Human Relief Foundation

Notes to the Consolidated Financial Statements (continued)

31 December 2024

14. Operating commitments

At 31 December 2024, the charity and the group had outstanding commitments for future minimum lease payments under non-cancellable operating leases which fall due as follows:-

	The Charity and the Group	The Charity and the Group
	2024	2023
	£	£
Due within 1 year	25,195	25,195
Due between 2 and 5 years	90,654	90,654
Due over 5 years	252,000	252,000
	367,849	367,849

15. Related party transactions

Property rent has been paid to a member of key management personnel during the year, totalling £12,000 (2023 - £12,000).

subsidiary

Delta One made a gift aid donation under a deed of covenant to HRF of £36,777 (2023 -£55,756). - At 31 December 2024, HRF was due £367,479 from Delta One (2023 - £633,244)

A number of HRF associated/affiliated charities and nonoperation throughout the world. These do not form part of the same group as HRF, however they do have some common management. HRF paid funds amounting to £280,713 (2023 - £271,892) during activities. At the year end, HRF had creditor balances totalling £3,380 (2023 - £140,565

Human Relief Foundation

Notes to the Consolidated Financial Statements (continued)

31 December 2024

16. Reconciliation of net movements in funds to net cash flows from operating activities

	2024	2023
	£	£
	-	-
Net movement in funds	339,655	268,738
Adjustments for:
Depreciation charges	36,381	33,338
Interest received	(106,973)	(19,313)
Loss on disposal of fixed assets	-	573
Income tax	-	25,452
Finance costs		1,981
Unrealised (gain)/loss on investment	(84,249)	(42,681)
Movement in debtors	(343,862)	1,397,397
Movement in creditors	153,526	(424,073)
Net cash provided by operating activities	(684,832)	703,936

17. Analysis of changes in group net debt

The charity had no net debt during either the current or preceding year

Human Relief Foundation

Notes to the Consolidated Financial Statements (continued)

31 December 2024

18. Comparative charity only Statement of Financial Activities (including Income and Expenditure Account for the Year Ended 31 December 2023

	Unrestricted	Restricted
	Funds	Funds	Total 2023
Notes	£	£	£
Income from:
Donations and non-performance grants	1,585,759	2,225,102	3,810,861
*Income from charitable activities*
Grants receivable		3,155,950	3,155,950
*Other income*	5,230		5,230
*Income from investments*	20,044		20,044
Total income	1,611,033	5,381,052	6,992,085
Expenditure on:
Raising funds	873,996		873,996
Charitable activities	1,399,046	5,020,781	6,419,827
Total expenditure	2,273,042	5,020,781	7,293,823
Net income and net movement in funds	(638,175)	379,118	(259,057)
Total funds brought forward	479,060	7,029,021	7,508,081
Total funds carried forward	(159,115)	7,408,139	7,249,024

Human Relief Foundation

Notes to the Consolidated Financial Statements (continued)

31 December 2024

19. Comparative Consolidated Statement of Financial Activities (including Income and Expenditure Account for the Year Ended 31 December 2023

	Unrestricted	Restricted
	Funds	Funds	Total 2023
Notes	£	£	£
Income from:
Donations and non-performance grants	1,530,003	2,225,102	3,755,105
*Other trading activities*
Retail - sale of donated goods	526,420	-	526,420
*Income from charitable activities*
Grants receivable		3,155,950	3,155,950
*Other income*	5,230		5,230
*Income from investments*	20,044		20,044
Total income	2,081,697	5,381,052	7,462,749
Expenditure on:
Raising funds	1,325,346		1,325,346
Charitable activities	1,399,046	5,020,781	6,419,827
Total expenditure	2,724,392	5,020,781	7,745,173
Net income and net movement in funds	(647,856)	379,118	(268,738)
Total funds brought forward	488,741	7,029,021	7,517,762
Total funds carried forward	(159,115)	7,408,139	7,249,024

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