Charty Reglstratlon No. 1133412 THE FORGOTTEN ANGELS ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
THE FORGOTTEN ANGELS LEGAL AND ADMINISTRATIVE INFORMATION Trust•gs Dr F N Youssef Mr Mina zaki {Appoinled 17 July 20251 Charity registration England and Wales 1133412 Independent examiner Jerroms Lumaneri House Blythe Gate Blythe Valley Park Solihull West Midlands B90 8AH
THE FORGOTTEN ANGELS CONTENTS Page Trustees reF4Yt Independent examinerfs report Statement of financial xtivilies Balance sheet Noles lo the financial slalemenls 5-10
THE FORGOTTEN ANGELS TRUSTEES REPORT FOR THE YEAR ENDED 31 DECEMBER 2025 The Trusleos present their annual Teport and financS81 statements for the year ended 31 December 2025. The gccounls have been prepad in accordance with the accountsng policies set out in note 1 10 t aUnt$ an¢J ¢ompJy wlh the charity'$ governing document, the Charities Act 2011 and the Slalemenl of Recommended Prath'ce. Accounting and Reporting by Charities. issued in March 2005. Objectivès and activities The charity's objecls are the relief of poverty and hardship among street children livirwj in Sudan, India and China by the provi*on of shelter. food, meéul care. education and other SLKh tharilable service5 as the Trustees from time lo tsrne lo deem approrigte. The Trustee5 have paid due regard lo guidanc8 issued by the Charily Commission in deurjing what a¢ti¥ities the charity should un(Sertake. Flnanci¥l review The Trustees nty'n¢ lo hdd cash reserves in l¢)w risk funds. Aecordmigly no regu18r s&leciion process is und8rtaken. 11 is the policy of the charrty Ihal unre5tricled fvnds which have not been designated for a specffic u$e shoukl bè maintsined ai a lèvèl equivalent lo between three an¢J six month's expenailufe The Trustees wnsider that reserves at this level will ensure Ihat, in the evenl of a significant dr in funding. they will be able to continue the charity's current activities wh51e consideration is given lo ways in which addiliona1 funds may be raised. This level of reserve5 has teen mainlaineé Ihiovghoul the year. The Trustees have assessed the major risks lo whlch the charrty Is exposed. and are sali5fied Ihat systems are in Pla to mitrgale exposure to the major risks. structure, governance and managemènt The charity was esl8blished by a charitable trusl deed on 1 September 2009. The Trustees who served during the year 8nd up to the dale of signature of the financial slatemenls were.. Dr F N Youssef Dr K M Sharobeem Mr M Ibr8him DrAS81ama Mr Mina Zaki (Resigred 17 July 20251 (Resigned 17 July 2D251 (Resigned 17 July 20251 (Appointed 17 Juty 2025} All Trustees r8cruitment and appointment is done by'The Const(tulion' of the Charity, The TTustee5 report was ap oved by the Board of Trustees Dr F N Youssef Trustee Dated.. 26 June 026
THE FORGOTTEN ANGELS INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE FORGOTTEN ANGELS I report lo the Trustees on my examinat ol the flnaneial stslements of The Forgotten Angels (the chartyl for Ihe year ended 31 Decernb¥ 2025. Responsibililles and basls of report A5 the Trustees ol Ine thafity you are responsible for the prepaialion of Ihe financial slalemenls w CordnCe wsth the requirements of tt Charitiès Aet 2011. I rek>Yt in respect of ffly examination of the ¢hdrily's financial statements cafried oul under secticn 145 of th Charities Act 2011. In carrying ovl my examination I have followed Ihe DlrectÉons given by the Charity Commsssson under section 145{5llbl of the Charities Act 2011. Independent examiner's statement Your attent¢on is drawn lo the tscl that the eharily has prepared the fIntial statements In accofoance with the relevant version of the Slalemenl ol Recommended Practice applicable to charilies preparing their finanaal statements in accordance wlh the Financial R8Parting Standard PliCable in the UK and Republic ol Ireland IFRS 1021 in preference to the Accounting and Reporting by Charities. Sialement of Recommended Practice issued on 1 April 2005 whieh Is le[re lo In the extanl regulations bul ha5 rW been withdr8wn. l undwstand that this has been done In order fow the financial statements to provide a true and fair view in accordance with UK Generally Accepted Accountin9 Prackn"ce. I have completed my exarninalion. I confirm Ihal nD matters have come to my attention in connecticfi with the examination giving me cause lo believe that in any material respecl.. 8ccountin9 rowd$ were not kept in respect of the charty as rèquired by section 130 of the Charrtles Act 2011. the finanaal statements do noi accord those records.: or the financi81 sl3lemenls do not comply with the applicable requirements conc*Ynlng the form and content Of financial slatemenls sel out in the Charitles (Accounts and Reports) Regulations 2008 olhei than any requirement th81 the financial statements give a true and lair ¥iew. which is not a maller considered as part of an Indepèndent examination. I have no Coern$ and have come across no other matters sn conneCtn with Ihe oxaminat¢oD lo which attenlign shcy d be drawn in this report In uder lo enable a proper understanding of the financial statements to be reathed Je oms aneri House ythe Gale Blythe Valley Park Solihull Wesl Midlands B90 8AH 26 June 2026
THE FORGOTTEN ANGELS STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2025 Unrestrlcled Unro$trlcted funds fijnds 2025 2024 Notes Income and gndowm¢nts from: uonaiions ano legacies Other income 70,799 S,176 61,Q96 4,979 Total Income 75,975 66,077 Expendltur• on: Ch8ril8ble activities 65,620 86,778 Total expènditurè 65.620 86.778 Net incomellexpenditurel and movement in tunds 10.355 120,7011 Reconclllatlon of fiinds.. Fund balances at 1 January 2025 53.594 74,295 Fund balances at 31 December 2025 63,949 53,594 The slalemenl of financial activities includes 811 gains and losses recognised in Ihe year. All irrne and expencjilure deTive from ¢onlinuing aclivilies.
THE FORGOTTEN ANGELS BALANCE SHEET ASAT 31 DECEMBER 2025 2025 2024 Notes Flxed a$$ets TatJJible a$sei$ 17,685 22.106 Curtènl assets Debtors Cash al bank and in hand 5,Q75 41,973 4.979 27,222 47.048 32.201 Credltors: amounts falllng du• wlthln one year 10 {7841 1713) 14et current assets 46.284 31,488 Totèl asstis 1¢$$ ¢urrent liabilttles 63,949 53,594 Thelunds ofthe charlty Unreslricted fvnds 11 63.949 53,594 e3.949 53,594 Thefi ancial tatements were approved by the Trustee5 on 26 June 2026 Dr N Youssef Trustee
THE FORGOTTEN ANGELS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Accounting poli¢iès Charlty infomiation The Forgotten Angels is governed by a CoTrstilutiw adopted 01 Seplember 20Q9 and amended 25 Oct¢>ber 2009. 1.1 Ac¢ountlng conventlon The financial statements have been prepared In accordance wmh the charty's Igoverning documentl, Charllies Act 2011 and 'Aceounting and Reporting by Charities.. Slatemont of Recommended Praclic& applicable to charilies preparing thr accounts in accordance wÈth the Financial Reporting Standard applicable irb Ihe UK and Republic ol Ireland IFRS 1021. (as amended Ir)r account1r periods commencing from 1 Januèry 20161. The charity is a Public Benefil Enlily gs defined by FRS 102. The financial slalements hove departed from the Ch#Yilies (Accounts and Reports} Regulations 2008 only to Ihe extent required lo provide a true and lair view. This departure has invOed fo¢lowrsg the Slatemenl of Recommended Practice for eharilies applying FRS 102 rather than the versic*n of the Slalemenl of Recommended Pra¢li¢e whieh ts referted to in the Regulalions bul 1¢h has since b88n withdrawn. The financial slalemenls are prepared in stefling, whieh ig the funtts'onal curyency of the charty- Monetary èmounls in these financial ststements are rounded lo the nearesi £. The financial ststements have been pr&paTecl under the historieal cost convenliorj. principal accounting poIKies adopteoS are sel out below. 1.2 Going concern At the time ol 2pproviry the flnancial stalemenls. Ihe Trustees have a reasonable expectslion that the chaFIIy has adeqLRte reSoUrS lo Continue in operalional existence for the foreseeable fvlure. Thus the Tfuslees contsnue lo adopt the going eoncern basis of 8ccounbng in preparing thè financ)al statements. 1.3 Charitable funds Uniestficled fund3 are available use * the discretion ol the Tmslees in furtheranee of their ¢harilable objectives, ReslTrcted funds are subjed to speufic wndilion5 by donors Dr gIantS as lo how they may be used The purposes and uses of the restrieied funds are sel out ir) the notes to the financial slatemenls. End¢)wment funds are subject to spec¢ condkn'ons ty donors that the capital musl be mainlained by Ihe tharily.
THE FORGOTTEN ANGELS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Accountlng polkles (Continuedl 1.4 Incoming resources Income is recognised when the charily is legally entitjed lo il after any performance conditions have been mel, the arnounls can be measured reliably, and il is prcèable that Income will be reeeived. Cash donation5 are recognised on receipt. Other donations are iecognised once the charty ha5 been notified of the (5onalion, unle55 performan conditions iequire Qeferral ol the amount. Income tax recoverable in relation to donations re¢eiv8d under GrftAid or deeds of covenant is recognised al the lime of the donation. Legacies are recognised on receipt or Oihemise rf the tharity h8s been not'fied of an impending dislribulion, the amount is known, and receipt 15 expected. 11 the amounl is not known, the legaw is Irealed as a contingent asset. 1.S Resourcgs expended Expenditure is recognised once Ihere is a leg81 or conslruclive oblEalion to transfer economic benefil to a third party, il is probable that a transfer of economic benefits will be required in settlement. and the amount of the obligation can be measured reliably. Expenditure is classified by activity, The Costs ol egGh aGlivily are maL#e up of the lolal ot direct cos15 an shared costs, Including support costs involved in undertaking each aelivily Direct costs attrilxrtaole to a single activity ale allocated direclly lo that aclwity. Shared costs which conrnbute lo more Ih8n one activity ar supwrt cos15 which are not attributable lo o sirKJle a¢tivily are appDrtioned between those activslies on a basis consislent with the use of resour¢es. Central staff costs are allocated on the basi$ ol time spent. and depreciation charges are allocated on the portKJn ol the assel's use. All expenditure 1$ accounted for on an aeenjals basis and h8s been cl8SStfied under headings that aggregate all costs related to cost related lo the category. 1.6 Tan9lble fixed Jssets Tangible fixed assets are Inrtially measured al cost and subsequently measured al $1 or valualion, net ol depreciation and any impaiment10sses. Depreciation is recognised so as to Wflte off the cost or valuation ol assets less their residual values over their useful lives on the fdlowing bases.. Mtstor v8hides 20% Reducing Balance The gain or loss arisiNJ Cfi the disposal of an asset is determi[d as the differerKe befyveen Ihe sale proceeds and the carying value of the asset, and is recognised in the slatemenÈ of financial activities. 1.7 Impalrment of flxed assets Al each reporting end dale, the tharily reviews the carying amounts of Ils tangible assets lo determi whether there is any indiGation that those assets have suffered an impairmenl loss If any such indulion exists, Ihe reCOverae amount of Ihe as5el is e51imaled in ordeT lo delefmine Ihe extent of the impairment loss Irf any). 1.8 Cash and cash equlvolents Cash and ¢osh equivalents include cash in hand, deposits héld at Call wrth banks, other short-lerm liquid investments with oiiginal maturities of the months or less, and bank overdrafts. Bank overdrafts arts Shown thin borrowings in current liabilities.
THE FORGOTTEN ANGELS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEM8ER 2025 Accounting policles {Contlnu•dl 1.9 Flnanclal Instruments The charity has ected to apply the provi5ion5 Of Section 11 '8asK Financial Instruments, and Section 12 'Other Financial Instruments Issues. ol FRS 102 to all of its financial instrLtments. Financial instruments are recognised in the charity's balance sheet when the charity becomes party to tn8 nlraclual provision5 Qf the in5trurnenl. Finanal assets and liabilities are offset. with the nel amounts presenled in the finanoal slaiemenls, when there is a legèlly enforceable ri9M lo sel ofl the recognised amounts and ther8 is an intentn to settle on a net basis or lo realise the asset and settle the liability simultaneou4y. 8asi¢ fin4ncial gsset$ Basic financial a5se15. vthich Include debtors and cash and bank balanr£s. are initially measured at Irar¢sactlDn price including Iran5acbon c0515 and are subsequently carried al amortised cost us¢ng Ihe effective inlèresl rnethod unless the ariangemenl conslitutes a financing transaction. where the transaction Is measured at the present value Of the future receipts discounted al a market rate of interest. Financi81 assets elaswfied as receivable wlhin one ye8r are not amort4'sed. B?si¢ flnancial liabilities BaC fsn8ncI li8kn1ities, includiryJ credilors and bank loans are initolly recognised at transaciion price unless the arrangement CQf151ilutes a financing Irans*ion, where the debt instrumenl is me85ured al the present V8ILJÈ ol the luture payments discoLJnted al a market rale of interest. Financial Iiabililie5 classified as payable within One year are not amortised. Debl insliumenls are subsequenuy carried al amortised cost, using the effecl've interest fate method. Trade creditors are obli9ations lo pay lor goo¢Js or services that have been acquired in the ordinary course of operations from suppliers Amounts payable are dassified as currènt liabilities if payment Is due wlhin one year OT less. If not. Ihey ale presented as norFwrrenl liabilities Trade ¢reditors are recggnised initially al tran5acts.on price and subsequently measured al amortised cost using the effeth've inleiesl method. Derèco9nlllon of flnancml Ilabilltles Financial liabilities are dereco9nised when the charity's contractual obligaiions expire or are dlseharged or cancelled. Incom¢ from donations and legacles Unrestrlcted funds 2025 Unrestrictsd funds 2024 Donations and grfts 70,799 61,098
THE FORGOTTEN ANGELS NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 31 DECEMBER 2025 Other Income Unrnstrlcted Unrèstricted fun¢Js funds 2025 2024 Other incomé 5.176 4,979 Cttarltable actlvllles Share of Donations governancg pald costs Tot81 202$ Totsl 2024 0epreaat1c and impairrnenl Charitable Expendrture 4.421 4,421 60.132 5,527 8D,167 60.132 4.421 60.132 64.553 85,694 Share of govemance costs 1.067 1,067 1,084 5.488 60.132 65.620 86.778 Trugtees None of the Trustee5 IOT any persons connected with them) received any remuneration duriny the year. Employees average monthly numt*r of employees during the yeaf was.. 2025 Number 2024 Number Total TheTe were no employees wh)se annual Temuneration was more than £60,000. Remuneratlon of key management personnel Taxatlon The ¢harity is exempl from taxation on ils acttvilits because all Ils income Ss applied for tharilable purposes.
THE FORGOTTEN ANGELS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DEGEM8ER 2025 Tanglble flxed a5sety Mgtor vehltlos Cost Al 1 January 2025 41.449 Al 31 December 2025 41,449 Oepreciatlon and impaimient Al 1 January 2025 Oeprèaatlon eharged In the year 19,343 4,421 Al 310ecember 2025 23,764 Carrying amount At 310ecember 2025 17,685 Al 31 Oecember 2024 22,106 Debtors 2026 2024 Amounts falling due wlthln one year.. Other debtois 5,075 4.979 10 Creditors- amounts falllng dug wtthin one year 2025 2024 Accruals and deferred income 713 11 Unrestrietsd funds The unrestricted funds of the charty compnse the unexpended l)alan¢es of dorli0n5 and grants whith are subject to specrfic corKJilions by donors and grantors as to how they may be used. These include desigTraled funds whith have been sel aside out of unrestricted funlls by the Iruslees lor speafic purposes. At 1 January 2025 Ineoming resourGe5 Resources expended At31 December 2025 Gener81 funds 53,sg4 75.975 {65,6201 e3.949
THE FORGOTTEN ANGELS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 11 Unrestrl¢ted funds (Continued) Pre¥lous year.. At 1 January 2024 Incomlng resources Resources expendpd At31 cember 2024 General fur$ 74,295 66,077 (86,778) 53,594 10-