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FARA FOUNDATION (A COMPANY LIIIIITED BY GUARANTEE) CONSOUDATEO ANNUAL REPORT & AUDrtED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 PIwK¥61 oifKe.. 2nd Fb)or Sijrte. 1 8 Watdegreve Road Tedaingion Englafv TW11 8GT T81.. 2089 73J910 Vkbsrte". vA*w.FAJWh8rity.¢xg RIstered Charity No 1139349 Re9LStered clp¥nY No. 07432706

FARA FOUNDATION IUMITED BY GUARANTEE) CONTENTS OF THE FINANCIAL STATEMENTS for Year Efxd 31 D8ceFntxr 2024 Page Trustees, Annual Rep(¥t (Irworatmg the SiraWK R and Dire, Raporti 11013 Réport ol the IrTrthpeThJent A110 14to16 Con601idatod ststnt ol Finalat 17 Con801idated Balance Sheet 18 Group Gash Fluw SlateNnl 19 NOl¢S 10 U Con50kdaied FNwncwi stsieAnents 201032

FAFL4 FOUNDATIOPI IUMITED BY GUARANTEE) TRUSTEES. ANNUAL REPORT In6wporallng thg S¢raleglG fteport and Dlrec¢ors' fteport iorthe Year Enlled 31 December 2024 INCORPORATION The charitsble company was incorporated on 8 Novwnber2010. REFERENCE AND ADMINISTRATIVF DETAILS ReglSterÈd Company numbar 07432706 (England and WaJ8sI Registered Charlty numbgr 1139349 gistered offic• 2n4Y Floor Suite 1 8 Waldegravè Road Teddinglon EnolAnd TW118GT Key Managernent PersorTrn Trustees (Diiectorsl M5 S G Cross- Chair Mt5 L J Da?n MrRHCChalk Mr P WGrovès Mi R Davidson- Treasurèr Mrs N Nowak Mrs E H A Middleton Mr R Lynès l•ppointed 25.03.24) Dr Y S H JohnÈon lappointcd 2S.03.241 s K Higgins lappoinled 14.06.241 Compaiiy S¥swEt6ry and Chlet Operaiing omcer Icooi Mr R Phela Chiel ExKutive Officer ICEOI Ms E Gordon Administrator Ms J 8iJgdpn Royal Patron HIS Majesty Ktng Charles 111 Snror Managers ol FAIIA EwrtefPriSg5 Limlted DirectOWS Mr R Phelan- Chf Owating olfir aNJ Cornpany Seuetsry Mrs L J Dawson Mr P WGroves Ms E H A Middlelon Mr R Damdson lappointe<$ 08.07.241 M5 E Gordon lapp(Nnted 08.07.241 Senior Planager5 Ot FARA Propertles Limited (Disgthd 26.11.241 Olre¢tor5 Mr R Phelan (Director and Cunpany Sect8lary} MwRHCChalk Page 1

FARA FOUNDATr)N {LIMITED BY GUAIIANTEEI TRUSTEES. ANNUAL REPORT IncoVaIlr& the Strogic Report aThl Dlrectots. Report for tho Ythv EThlftd 31 Dc•mr 2024 Bank$ 8#rtlay8 8¢rAt PLC santarer UK PLC Flagstone Group Ltd Sollcltors and legal advlsor5 Just Empk)yment Law- Empkym8nt Field Seymour Parte5- Prcyerty Broadfièld Law LLP- UK Charity Law So1110[s MPR Partn&r$-Romanian Law ¥sOrS Shield Safety_ Health & Safety Auditofs Rolhrnans Audit LLP Slatslory Auditor¥ Chartered AcGounianl& Chih¥orth Point 1 Chi0( Road Soumampion $016 7JQ STATEMENT OF TRUSTEES RESPONSIBILITIES Ttte Trustees Iwho arè also Ihe of FAKI Foundation (Limited by Guarankel for puiposes ol company lawl are responsib lor preparing the Report of the TTVSteè5 and tl financial statements In accordance wilh applicable law and United Kingdom Accounling S&ThJards lilnited Kingdom Genoraly Accpptgd Ateoiintiry prac11, indiiAing Fmxnc.iAI Rp.phrhno Qlandsrd 102'The Finan&81 Reporting Standard AFPIKSb in th UK ond R•publie of IT•land'. Company law requtres Ihe Trustees to prepare financial statements foreach finana81 ye8r which give 8 trut 8nd fair view ol the State of affaits of the charitabk cotnpany ¢ind I1 giDUP. ¢iiid of Ili¥ iiiwrriiiw ¢iiBJ Éiwliilttiw of resour5, inGludin9 Ihe income an¢J expenaiwre, oi ine ¢nartTark grLwp ty Inat pefioa. In preparlTrJ Ihose flnancial 51arernenis, Ihe TtU5t¢Es ale required to'.- Select Suitab accounb"NJ &)d then apply ¢ls18n1ly', ObseNe rnethods and princip In Ihe Charity SORP". Make iudgÈffleftts and Èslmales that are reasonable and prudent State vjhelhèr applicab LIK Ac(oiJnbng.%t#nr13rd hxvp. hpp.n %iJhiAcI tn w material departurèg disclosgd and Ox1¥d in lh• financial stai•m•nts." and Prepare the financial 6tatemenl6 thg gOiTr9 concèrn unl86s it is inappropriat• to pr•¥um• tht th• chritab mpany will continue in bu51rEsS. Thp TTU51Ee5 ale resPgnsthlE lot k¥¥pirry yruFJUI Éir6mirb"rry iettyds Yihth S¢t wtth rpas¢)tatAt acGuraGy at any time Ihe flnancial posilion of the charitaty cornpany and lo ellab Ihetn tD eTr3ure that the slalennts wmply with the Gompani&s Act 20( and Ihe Charilies Aci 2011. They are atso POnSibleft)rsafvgu8[d1J thè assets ofthecharilabk MpanY and hènce for taking rèasonable steps for Ihe prevent)n ano detecbon of tra1 and olhÈr Irregulallties. In so far as the Tnjstees a aware.. the ps no reVant audit WrfoatKyn ofwhth Ihe charrtable c(1pan$ auditors are wwiare., and the Trust•8$ have taken all step$ that Ihey cwhl io have takÈn lo makè ihwnsefvos aware ol any relevant audil information and lo establish Ihal the audrtors are aware of that inloTmatvJn. STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS So fai 35 the TIu8iees are aware. there K5 no re6evant information las defined by secb.on 418 of the Compan9 A¢1 2) which Ihe challtable company s Budiiots a utwwaie. and each Trustee has taken al ts Steps that Ihey ovghl to have taken as a Trustee In or(Jer to make awarè ol any audrt Infom)abon and to e5tIh that the charitabb ¢offlpany s auditws are awaie of that iTrfonnation. Page 2

FARA FOUN()ATION {UMITED BY OVAIIANTEe) TRUSTEES. ANNUAL I¢EPORT Inrorporatlry Report and Oirector5' Report for the Year Ended 31 December 2024 PUBLIC BENEFIT 7he Board of Trtjstees has gNen regard lo thè lÈgislatNe and r(¥Julatory wulents lor d&¢kxing how its eh#ritable ¢*e¢tiveg have provided tonèfit ts the p1. Thg. Trugt@•s eonfim that thèy ha compliod with their duty under the Chantses Ad 2011 lo havè due rard ttt the publit benefit guidan¢g publishod by th¢ Chanty Commi39ion in doterrnining the adivibe6 uiidtritdken ty the charity. This lèport ouUThs how our achIrnets during 2024 have benefiied the publ. either direcuy or irYJi1gclty. BEHALF OF THE BOARD" Ms S G Cross- Trustee Date". Pagg 3

FARA FOUNDATION (LIMITED SY SUARANTEEI TRUSTEES. ANNUAL REPORT Incorporatlrmj th• Stratsglc R•port and Dlrncttxs, R•p(xt tor Y•ar Ended 31 2024 Stalem•nt from th• ehalr and Chhf Ex•cutlv• are pleasèd to introd the FARA Founda1 2024 annual report The ChaInge5 faced by Vulnerab populai)n6 in Romania remain sigrtrftant. European ulln statsbtt eontsnrje to shcw that Romania has Ihe hh0$t rat& of chikIn al risk of poverty or so¢pal exdusion in the EU. at41.5%. Thig undefscores Ihe vital WnPortan ol our partner Fundapa FARA'5 Wofk Romania. ViÈ are Pfoud to pOrt that in 2024. th8 pfogramm•s of Fundalia FAFiA-_ rèadwd than 1.8(K> beneficiaries. This rewe5en15 an 4Truease in the number of peopk diwedty supported ¢ornparad lo 2023. Fundats'a FARA'5 tht Therapy and Rehabrfilalion programmes work&1 wlh rn0 than 250 children wlth disabilitt2s and their families to provide Iè and vital therap$ to help the chikltell OveTcore the limitabons of their disability and facilitate inclusion Into mainstream educabon. The Tacklirg Poverty ThrothJh E¢jucatn progrnmmes worke(J with more than 280 disadvanlagEd or maryinali$d primary, secondary and hh school $lLKJènts, prowding educational support and otherwrap-around supporL all aimed at preventing sthool dr¢w)ut. fightir4J FKJvety and prornoD"ng socMI inclusKJn. ATrJ Iher QSKlentkql and outreach programmes for adults wilh disabili1$ DfovKliThJ supwt for 82 pecde. lping thm to gain independenc8 aTvJ Ive their lives in It is hugely in8pirats.onal to s•¢ how effedive and impacifvl tl pmgfammes we ftjnd are. One ol thè Ihirys Ihat 8hvays strikès us when we viGIt thg pfo9Tarntno6 Is just how much joy t4 is wilhift th. As orse of the spec+3lisk wfvj worts within th adults with di38bility programme5 Commented.. 'knpact i8 measurEd in small steps. Ihrotyjh seemingly miftor acwt$ that tho$& Wlill U¥SdUIIIU¥è UV IVI Ul¥ 11101 iiItI¥. j IlWObUi% m11vaL Uy lisr wy This year saw a signrficant take place wlihiTr the Fundalia FARA prograrTwne5. St NKolas Chdn,5 hotne. which marked the beginnirKJ of FARA as we know il today. dosed rts doots at Ihe end 012024 aftÈr 27 arS of activfty. Opened in 1997. St Nicolas was FARA'$ first reswjenlial care faolity and oth.al programme. AongshJe its sisier home. St Gabne1s119912019I. 78 hikjren weie provkled wrth a lamily. and Ihe love generated Ihrouqh this programme continues lo resonate an¢J extena Into me wider MMUnty. ennching many liwds. Since Sl Nicdas and Sl GafMl's opened. Romanian socty has Changed snny. The devdopment of foster Care ser¥Ke5 ha5 reduced the need loi reshlenlial hunes lor ¢hildren and swrtched the focvs to ¢ommufity wort. Though St N0189 Bnd St Wri@I'$ havp. now r.hqg.rf th@ir liS on in thÈ lives they touched and the hopa thèy brought lo 60 many, tho$9 homès off•r•d a trl famity enwrohAI whère chiwren werp lokd. rAr8d for. educAtÈd. SUPP0rt¢d and eneoufa9cd to 4vuccEed in life. Tli l)as nol beefk withoul ¢ts Ghaknges. In 2024. we continwd to navwJate economic pressu¥ in the UK and in Romania, and we are gialpfvl fDT thE ITfEk55 lUtIlTriitsiiwrl drnl pidvJsionalism of our staff On thtr UK Shk. our retjil ¢p¥ration8. compnsing 4u snops In 26 neunbourhooas across Lonaon. remalne¢J a wial sour of lunding. Bec6u5E of Viib, we liave continued lo Invest time and ettort Into sireigThning tne iethil aThy 1ft9 profile ofovr sh¢Jp5 a5 a (g part of Qui wider strategy. We continue lo focus on the (tINery of our three key slratwc thechves from our 2024- 2026 strategy. 11 Programmog. W8 wll support Ilk4. FLind3liA FARA prrorammes to dèlNèr of the hiohest quality to 1p the most vulnerable chitdren, young peop, adutts and farn11$ in Romania. developing our partnership to ensure it is ellective. professional and suslainable and enables them to impmenl Iheirthree-year strategic plan. 21 Public en9agemenl. INe w¥ con501idJte and grow the contrknutKns frtyn our retail r¥Jeration to ensure ts G¢ntinuod success and resilience, whik al$0 IwkAry lo ¢JiVeify our Jn¢(¥r base by i[eas9 our public profile and communty engagement. 31 People". Vve will culbvate a thriving and pr)Jucbva wortforce supwted by dedaled 3fKI profess81 govemance. uniled under shared values. vision and miss)n. This year, rt has been a p[eaSU to conts'nue working atONJsbJe our hathorking leadership team and Board of Tru51ees. And we remain hugely gratelul to the generosity of those shop in arKI donate goods io Ouf Stores. t>naie financially, and raise funds for us- you eftle us to be ab to lund the excelent programmes that make al chare happen formAny of Romania's most vulnerable. Siobhan cross. Chair of th8 Board of Tntstets, FARA FWnd3trO and Lfjbby Gordon. Chi•f Ex•cutivè. FARA Foundatlon Page 4

FARA FOUNDATION (UMITED BY OUARANTEE} TRUSTEES. ANNUAL REPOR T Incorp)raung the svaregi¢ Report and Directors. Report forthe Year En(kd 31 O•¢ember 2024 STRATEGIC REPORT WHO WE ARE AND OUR OBJECTIVES The FARA FouTrYation (FAK4 UK) is 4 regL$red charity In Ihe UK aThJ was lounded in 1991 in orderto pr0vxle-relfo1 suffering of those children and adults in Romania a liwng in plty tsi rnarglnaId or who have disabilits'es. and this is done in a number of ways Ihrough our partsr Fundatia FARA tndwyiry providing community based care to the living in povèrty with a focus on educabon for childieTh. the prowsion of social suF¥)ort for chiklren and adutts with ¢JJmplex needs and disabilits'es lin day Centers. outreach pr¢>Jrams and supported ti19 acLmmodation} and advocates for social and èconomi¢ inclusion of disadvantaged chldren and adulls. In ordor lo d81iver on our charitable oty"eclives FARA UK makes g¥ants to FundaP"a FARA a non-profit. noTrgoveirYnental organisation supporling RomaTria's pooresl and most vulnerable chiklren, young pEoWe afKI lamiltes. FARA and Fundalia FAR4 work toward common Values, strategies and siaThJarfs. FundaP"a FAFA'S work is dosety monrtorèd and evaluated, with appropriate poliues iii 4nd tE5ults reponed. The FARA Pannersnip cornpnses Pun¢Japa FAIN Romanja (gfanteel FAIiA UK Igrantorl. fr>rmalised thrnugh a MemoTandurn ol Un¢ersian(tin9 1 Parinefshp Agreent. Athough independent of each other, Ihese organtsainS work to fulfil a shad vision, mission, and set of values and are governed by separate boards wrth definèd remits and respon5Q)ilitie5. Each boarfl 1$ responsible for imentij tts slrate9SC Ot4ethe5. In 2024 FARA UK remitted fndS to Fund4A FARA gveryquartÈr based on an approv•d annual grant. providing 96% ofthc fund5 fequiréd by Fundapa FARA in 2024 to deliver the corg sèNios in the progrnnwnes. Fundava FARA raised the remaining 4% in Romania. while also raising fund8 lo provhde additional over and above the CO services. The wort delivered under the annual grant enables Fundalia FARA lo ptovije support for some ol r the m05t vulnerabfe social 9foupN3 focing exlreme povcrty by èddressii¥3 59Gl IlUsIo[l t)iJd ptjverly rE(tucliDfi. opeiats.tw In Mo regions oi Rcmania. 11 futtils lives, builds thJlur6s ar Spad& Iwpv. Tli¥ work th"lfriwwJing for many tsmi11gS IMrvJ in [Verty aThJ tor chihlien and adults with disabilili¥. Vision, Mission and Value$ Our vK5ign Is of a wotsj in wnicn everyone Iw wilh Iteedixn and dwnty in a toving. wole¢b¥e environment, experienanq rU111e1j lives WhaVer their tlIty. Our mi33ion 18 to traAsfomi the INes of the m051 vvlnerable di5advanta9¢d h1)re0. young pecfjle. adults and families living in Romania'6 p¢)otest conimuiii1b. Our vglues underpin all th• 1rk and art £hared by all lh0C invoNEd in cerryin9 Out aur Mi1¢n both in the UK and Roiiiaiiiil. FAPA 8lriv88 to build a just so¢ty s¢Thing the Gommon 9ood. based ors Chllsb"4ll vatues ol love, jubts.. ijvjnily and respeci welcorning people of all foith¥ and no. Vve act with kinrlng& and compas$ion. rÈsp@ct the human of gvory porÈon. We beli• in practtcal hands-on care. We slrive to buihy a just society. We SponSIblY collaborate across all 5ectK)ns ol society. We stiive lo be a be51-praclKe organTrsab"on. STRUCTURE, GOVERNANCE AND MANAGEMENT FARA UK is governed by a Board of Trustees. who ao Ipgally respolb for dtredng the affairs of Ihe charity. The Trustee5 have lull legal responsibility for the actions of Ihe orgaTri5ab'on. The 8oariJ tsf Trustees meets at least thieg Ivne5 annually to rewew and direct Strategy. budget and perforwnance. FARA UK has three main boaril $ubccrfnrnittees. whth aim lo ensure Ihat FARA and all its subsKliary entities in UK a property governed and that the fun(ts remrtted to Fu[aa FARA a spenl approprtatety. They meet in advance ofand reporl on ltt&r proceeding$ lo the full board. Eath subcG¥nmittaè has a separate Mil . SeNKe$ tycOMe- forHR qo¥ema7ce. sts8lFty& OV8fsthlof swices delve Romanr8 (Chair Lucind8 D8Wrt) Trading Subcommdiee- Ye5poftsible lorcbanty Rtartmauers and m8rt(eling & commun1cat1$. Ichair Hannah Mthtonl - FJn8nce & Risk Subcommrfle&- forallfiRan¢& and nsk malters (Cham. Robert D) with Ihjs also shs an thveslmwl Commillve 1hatfftlS lhemsIrtwtPrtIoh0 (Chardtsmp 202dy." Nalalia Nwkj In addition, there is a Remunerabon Committee which meets annualty and 15 responsblè fot ieviewing the annual increases for all staff and overall pay rrinaples. 8fid provxling recommend8b.orbs to the board and A Prty_ty commit whtch approv•s n•w and renewing propety leases. Pagè S

FARA FOUNDATION ILIMWTED BY GUAI(ANTEEI TRUSTEES. ANNUAL REPORT InctIng the Strntsdc R•DQrt and Dlrectors. Report lor thè Yoar 31 1)•c•mb•r Xl24 FAPA UK was Inc0•reted 8& a Gompany IN11¢d by guarantee. 46 defifi by tha Cow4oanvas Ad 20. on Nov•mbor 8, 2010. n¢J is gQVtntd by its Artides ofA35oua0n. The h4tid¢$ olAsaocialion were #t¢1 th Klarch 2024 to ensure they aro approprialE and fil fur puipobE. t9 the year. the chanty had wholly S>8#as. FARA EnterISe Lunitgd IFELI upetates a relw'l ¢harty business thal donated all of ts profits lo Fundatra FAPA This comprises 40 huh st1 Stores." 22 general stores, 14 children's store5. two bookstores. a hCrfnewa store and a Vintage store. In addlOn. rt ha5 an Onli store selling Items suitablè for sale online. Four members ol thè Boa of Trustees sit C the l)oard of FARA Enterprises Mrted wilh the Chf Exe£utwe Offi(r and Chief Operating OffIr I Company sè¢ary ol FARA FARA Propert$ L Thited IFPLI was a piowty hokliry company. It di5P)50d of all its pryty hoklings durj course of 2023 and was dissow on 26.11.24. Appointment of Trustees The appoinltnent of Truslees is ¢)ullined in the Arlides of Association and follMs the a0e of the Charity Commission. The Arfides ofAssocialion were updated in March 21r24 to support and simplify the process around the appoinlmenl, retirement and removal of Trustees and lo brvig il into line with the Charities Ad 2011. All new Tmstees are pul through an indudion and training programme to ensure they understand their role, how the organisation runs. and rts vision, mission. and ¥ae5. They wll spend lime wilh the Chaw of Tiust99s and the CEO and meet key executive members lo under5t8nd how the charity operates. They will be a rwlember of at least one of the siibcommitte.es. They will also be expected to visil the proorammes in Romania when the opportunity anses so they understand how tho lunds rais ar• tjiilisod. Public bonÈfit The FARA UK Trustees confimi ihalthey m¢#t tha ChantiosAct 2011 pub¢bOA&t r•quiroment. FARA lfil5 thi by grantfundi to FuTrdatr'a fAfw for th¢ wlief ol poyerty, the improvemvnl of the INV. of people with ¢Jabitsb•È, and its pro9iamm• to ta¢kl• vvveily UIiuugh tr educa[J of 5th(XA Ghldren. The progfammes and work •re further ouNined bel¢)W. Executive leadership Libby Gold< has wntsnued as ch ExecutNe Of1 FARA Foundation, and she. akng with the executive leadership fram, ha5 d@l@oated 8iithority fnf nJnAing thg tharity and tradiTrJ ami. wotkino Wlthin a boar&aDtbroved scheme ol delegations. The organiallon,s dioetsr roJ&8 indudè Chief Op•rab"r¥J 0•r. Trading Director, Mark@ling CommunirJlion4 r)ir.r.tnr De¥eloprnent arKI External ETrJagnent 'reGIOr. and HUM Reswr¢es D1ctor allworkin9 eolkcbvdy lo icod the orgtsniÈation. Equal Opportunttles Policy FARA UK does not discriminale on Ihe b&sis ol age. dtsdity, reassp]r¥ren( marital or a¥il partner slalus. prBgnancy Of matemity. fa. ¢okJur. r5ationality. èlhntity or rhational orwjin. reh9iDn or bel*l. sex or sexual oiientation. Romuneration Policy Our approach to remuneratson Is des19rd to eftSU thatwe aitract an(1 retain staff anrl maintain affNdability. Pay principks and barsding were developed and rolled out in 2022 lo ensure faimess and consistency, and roles ap formally benchmarked every yeafs. The Remureratson Committee oversees aa on beh#lf tsfthe board. Page 6

FARA FOUNDATIQN {UMITEIJ BY GUARANTEE} TRUSTEES, ANNUAL REPORT Incorporatlffj the Slrntegic Relrt and Dlredors, Report for the Yèar Ended 31 D&tÉmbÈr 202d ACHIEVEMENTS AND PERFORMANCE Romani8 is home to nearly four tninioFi ¥liiklEn bul. unforttJriareN. many of Ihem a sifli sirug9ling with povety. inauequale educath)n and a laik vf Inedical setvKe5. hjlhougn the e¢0)mY growing. ihe country stsll raS vamus challenges, and ITidriy p¥oplE find 11 haro make eTrJs ffl. Despite some progrèss, Romania still has a long way to go in term5 of provi(Jing support lo vulnerable sooal groups. Povety fates rernain hHJh compared to count$ wrth sroilar irKome lèvfjts and inequality conts.nues lo t stubbomty hi9h (Worfil Bank 20241. Romania has the highest $hare of its populab.on at iisk of poverty or social exdusion in the European Uniors (Euroslal 20231, including approximately 1.5 mtifion thildren141.S% of overall) at iisk. N¥ic8 as high as the EU averagè (Euro¢1 2021). Romankg's muth"dimerlonaJ risk-of-povety-or40cial exclusion iale sits at 32.0% which Is the lowest in the EU (this measu$ the percentage of hou5ehoJds in a unIty depllved alon9 lh dirnension3 -monetary poverty. edUCatn, and basic infrastrucbjre servtss- to capttsre a more complete pthre of poverty) (Eurosl&t 2023) Familiès liviry in poverty ollen ladt the necessary Support, kaviThJ chdn at risk of dropping out of school or being placed In soc¢al egrvi¢e pro47sion. In Romania 75. 7% ofothn agvo overuiret Miet¥tyUKUIKKKle(AAca&on whlch Is weiibeiowffte EU aver69¢ 0194.6% (Euwtet2023). MTJi¥ Vidn 3(K),ODJ chiklren ¢Jo nol comtyeie compuL%Ory eaucaiion. and nearty SO. do ntsl have ba51¢ literacy and numeracy 5ki115 at the tye 0115 fUNICEF 2022) Leaving school earty can aLso lead to unemployment. Sg¢ial exclusion and povety. Romania has the highest Tale ol earfy school leavers within the EU. with this figute 51tting at 10.a% compareo TO an average of Y.li% Ituroslal 3023J.The level olba$i¢ ski115 among young Romanians is low. wlh consequences for compelli¥eness. employrnenl and innovation potential In the ¢ountry. Siudents are underachieving in malhs, reading and $riences, at rates that are among the hwhest in thè EU and 5ignificanlly abo¥e Ihe EU averag (European Cornmission. 20243. Children wiu) disabili1 arn una)le to acte wlal Iar¥JIng Ihordyes and educab"on, and advtts wrth leaming disabilitie5 also remain in inqtihifvnnal Care. All this further Xat•atK tho Cydè of povety. It is known that p¢ople with disabilili6.4 arp. morè lik@ly to gxperi•nc• PC+vwty or Social 9x10. In Romania alonc. there are more than 77,OCQ chikIn re9iSt@red wilh disabiliti9s. but thiB numbèr IÈ belVCd lo b¢ an underestimate as rnany indiwduals remain unseeii. Addition8lly, the are reportedly over 16.000 adu#s wrth disabilrts lillg in soual ¢are re5idenkn.al ntre5 under the soc$81 preteLlion Systern (Wortd Llank 20231. The dtsÉiiHlily ¥iTiyk)yrnenl 9ap sits ar 44.8% Ine nignesi In ihe EU ana signiticanty higher than the EU a¥e+rJy¥ UI 24% (Euioslai 20241 Feowe Wlih disabihDes fac9 svJnfftcanl to educats'on, etnployiiieiil. h¢allhcarE. especalty in rural areas IDisaoAlIty" In 20241. Fundatia FARA Services in Romania Fundal+x FARA. whogo programmos ¥[9 lund8d by FARA UK durin9 2024. rs an experienced care provtder in Romania. It supports Vulnerab children with or without disabilib"¢s. young people, peopk Mth disab11.eE+ and their faiiiili¥t• ib dl the cole 01 FAPA'G mi66ion. Thcirneeds. ¢hallen9es. and future drive the organOOn'5 nio¢Jel ufirtipact. To 5UPPQrt the worK inai Funoapa FARA rrIe0 out In 20Z4. FARA UK approved a nel bet of Lei 15.111,224 Istq E2,708,1051 In DeMber Z02 lo fund CO programmes in Romania for 2024. mdrth?na1. il apDroved funding a development tutsary programrne of Lei 150,000 {Slg £26,882). These funtjs were then remitted under an annual grant funding arFAng>mg.nt and a memorandum of understanding I partnèrship agreement 1$ ill plKe to prowde gvhlance. In 224, Fundalki FARA served more Ihan 1.800 Eenefiuars demonslrated strong prrJrammatrc achievèments, exceeding targets. èxpanding senriee$ and Iwng thè gMLXMhvk for th)bnued pact in thè year5 ahead. Thèy dtd IhK8 through their Gofe programmes. HOMES FOR LIFE AND OUTREACH" Providing sale accommc*Jation in a famity type ¢nvironment, Psychosocial 8$sistan. non-fe1 educatlon. soctalYLath"on for •Jults with di8abilib"e5 and working in the community 5upporbng people with di8abilib.es and Iheirfamilies. THERAPY ANO REHABILITATION. Supportin9 chiklren with di$JblitEs and theirparenls the therapeutic process. Htlpirg professionals to WO better vAlh Ihese chikjren aj support Ih•r social indu$ion. TACKLING POVERTY THROUGH EDUCATION." Providing eilucatsonal 5UPPQrt. notFforrnal learning QPPOrtunilies, psyelio$ocial and material support. and sooal inctLA5ton a¢ti¥ibes fof disajvantaw andlor margtsTralrLed ¢hiWren, Iheir family membets and olher professionals. EDUCATIO BLIRSARIES.. Offoring fin8nc4BI assrtstsn and other support to help leeiia9er& willi t¥lurali0aI rfonnance and achievement. A FAMILY FOR TrIOSE WITHOUT.. PThTding residerKe. psychosocial a$sistsnce, non-kjrmal educauon and socialization In a lamily-type hIe. SL Nicolas. in Su¢eava, for children an¢J young Pèop from the protection system. laGking parental and famity support and cafe_ SOLIDAfiiTY WITI I TI IE UKRAINIAN REFUGEES. Furithilia FARA Gtpaterj Ihe Soiioallty Team ror Ukraine In zo2Z to piovide accommtylalw)n. e5senlial material $pport and p5ychologi¢al asw9tsn to thè Ukrainian refvgee farnilies. Page 7

FARA FOUNDATION ILlhllTED BY GUARANTEE) TRUSTEES. ANNUAL REPORT InewratibYJ Strawie RopNt and DIrtt0. Rèptsrt forthp Year Ended 31 DO¢•bar 2024 Lookin9 fotward into 2025. FAR4 UK will lo fvnd Fundab"a FARAS work which 11 have a foGu5 on streNgthttning 011 ole area5 of IhelrwDrk. Vvhile a180 alTr9 to Inc58 bEtLeficilly paitic4paliwi. erilldrl Ui¥ii vi¥ibility U119h iii)proved ornmunicanon effons. ONersity partnerships, and conll.nue attvocaiing for vulneraDk populavons. Thgrapy and R¢hJbrlitstion Fundats'8 FARA provide(I f a¢86 to a rarge of therapies for mo¥e than 250 th"Idren with dtsabilib88 from low4ncome familie5 andloTfamils affected by poverty at iheir the centres." Rafael in Bu¢hares( Emmanuel in Suceava., and St Teresa's in Falli¢eni. Su3Va Couftty. Thase indude speech and psycholr3il ITeatrnt. physiotherapy, and creabve therapies Isuch a5 art therapy. sellsory. animakassisted thoiapy, hydrotherapyl. work carrd out acmss all of these alms to help the children overccffle the limitatK)ns of Iheirdtsabilty. facth.late indusion in mainstream &YUCatn. and Imprw their functionality al hom8, sthod, aThJ in Iheir comrnunty. In 2024. more than 18.000 Iherapy sessh)r6 Ye carrEd out across Ihese centres and new lor this year within Ihis prourarnrnè was tha piloling of rÈgpilè tamps. Three resprte tamps We organized for 30 ¢hiken and 29 parents, whèr lh had an opportunity lo learn. inlerad with peers, volunteers and profe55ion815. rest knd have fun in a famity-type enwfonmenl outside of their home5, surrounded ty brealhlakin9 nature. Lessons orned from pAobn9 Ih¢ao camps showed that inrwation in ther8Py 15 nccdcd to CXPOTh¥C Chiren and paienls lo fom)81 and infonnal social irÈteTactions that have a lasting impacl a1 InCaSe th•rfeelin95 of elon9ing a wpptsru cornmunny. Worf( focused on helping parents lo contin Iherapy at h(e. wilh s¢C aclivitS organized invofving family members and professionats to enhance their und$rstandirKJ ol chikJ s dsabilit. their pace of developnen( and pathways for rehabilitation. ThA pAr&nts arp. kiJg&tyf Apprprialive of Ihe hekj they fmrn thè prnOrme. as Ihe feed beknv indieates. °SMJc8 ¢¢>rnirg Eo Ihis centr•. Ih•r• hevg b•wi signfft¥nteh>ges:" he $rted lo w8lk. lo IAlk Hg only$a'Mma41ts, 4nA then hc slort¢d to sayolher ¥Id$ and fom? ¥enl?nco$. bul Only&tIY. Alow go to knrkryartgn. wy kJvin9, h8PPy to Gome lo Ihe G¢ntre." 8ornelimes he ¢fies forreeJon3 kno5 onty eo bul Ik[Whe ts alwa hoppy to rne hertr." "Me i5 now ski115, ¢illvrJ(K¥i. ¢i1vdIR}r[tsw. H¥ inuch iiKwe wime, l)e OGc8pts &taynw in one p14 ion9er ne is more comwiant wrtn iasKS. TIte s been progress In Ihls Ipgard. Hg is chg8rfulin the ThunFiiig WI1• I bfiiw lllrii Homes for Life and Outreach This programme has fv40 compor¥ents" dents.31 arml 1X)rM)krtY Jtreach.11 is inplemented in SLKeava County in eommunili&%s. at St Mary's In VU PAokJw al C85a "Zabe in CatYfA anrf in Pfip&shl&ordoni. Bucharest Residenlial." The aim 0¢ this is to ¢ale a Iwn9 and Support famity li18 for 19 adulls wilh disabilities who have a history of institLttionalisab"ofi. are permanentty deprived of familycare and hB¥e a dksability requiring SVPPOrt over their lrfelimes. tt provides ongTh9 5UPPQrtforthe Indivual5 INing ITr these fK¥nes. induthrt9 speaalwl healthcarp, psycwical couwllir4J and emot1 supp(xt. aThJ ubative aThJ l&"sure actsw$ Community.. This work airns lo reduce barriers and foslei soual Indusic for 63 adults with disabilit& wholsve with thèir farniliès In Vadu Moklovei aThY Caci¢a. through sock81 inieractions. non-fotmal education, and community awareness. ThLS Sitpport induded holding sessions on iTrlependent liwng. occupab.onal Iherapy and pfo¥KJing food ar othei stems lo $upwrt daily life. At the core of these 5ervKes Pfo¥iding ongoing Quality and indiwdual support I80d 10 spe¢ffi¢ needs of adulls Wlth disabilities io help them deIc thwr autonorny and the ability lo rnsponsibty budd an independent life in more indusiva commUfti9. For more Ihan 13 years Furksava FARA ha5 beèn activety involved in the 0Very and deinstitutsonalr£ation of adults wrth disablties. Effort5 have frKused on dÈvÈl¢ping tailorèd support seNw. provhjing welcoming hornÈs lor those witlk)Ut familN8s. and slrèngth•ning cawivets. A $ynrficant aspect of theirwNk ha5 been advocating for the rights of people wilh disabilities, promotin9 their parbcipation in society ar Iheii ablity lo Inrt acbve. ind8pendÈnl live5. Through their approach to workin9 With indiwduals with disabilities, they have gained valuable insvJhts into their rd$ and potentsal. They have used these experiefft5 to create a m¢yJd of bo61 praGbGes ITr th• cornrnunity, pa[brAJlY through d¢)8e ¢ollaborations with local authorities. This pro9ramrn6 has a swJfithcant impad 00 the INes ol peopte wilh disabililies. A key part of this woth and prograrnrne 18 inlitsducirg these adults to a varEty of ueative tIVit6. drawin9. C£ring, and gpoup dk%ussions to ¢nGoura9e 3elf- expression. Page 8

FARA FOUNDATION (LIMITED BY"GUAItANTEEI TRUSTEES. ANNUAL REPORT Incorporatjrg the Strateglc Report and Dir•ctors' R•port lor th¢ Yoar Ended 31 December 2024 After a Therapy in Natu session. one of the ults sa¥J". 7pa1ntedsometlQ beautiful in n8lur&. It W88 fjke I was PK8$80. 1 hkedil.. cer the course of thè year. we had ex1"0n$ InvothThJ 19 adult5 wilh disabtlths. where they ILad an opportunity to •xPtibit Ihèirhalld4ade work and dernonslrate their$pecsal talents. The èNnts w8r8 well attended by ¢¢¥nrnunity, helping to break barrier5 and build an understanding about disabilty. One ofthe specialists wothiffj at Sf Mary's sak1"."We ofier t5{ kw, hary. balanGe. etn81 8VPPOrt, safety." fof a true lamilytogglh8r 1h Ihwn... Reflectr"ng on the prograrnme. a local priest in Vadv Moldovei cornmented. .1 know woll andclosaly Ihè work the 18dies frc¥n FARA do. Ihave the hi9hestt9ppreeiAtion. l atso know the benefia"ari8s. Th&y a lowed, well18ken c8rE of, and18ck MIh9. You can seg tljey are contenl. They0 th"sGourngedor lrnjhtened. Everyone is around them to And leach them wh81 is tx)od. loften oo to Ihwrhoffle When its fheirlK)uses least dèy otherttc8510ns. Yhe 8lmosplwÈ is famhy4ike. wajrn. pleasant. Thg wungpeoplè #Iso c¢)rne to church. and evOW lov8s tham. Wg keep an eye tin Ihem lo $00 tlJ•m. ff th8ydtsnY Élw oy. ask whal h8ppened. We c8re them -The woth ollhé FARA lad$ ha$ hada spéctalimI in ourcommurrity. Snghowt¢aub"lul Iheiractsvity is. m(Ye en hav6 been inspifed," they ha grown Ildor¢hi7fft wilhoul fafftilies and hav8 b8come fgstgrparents We now have ilfrilth¥rr di[ IS f¢tmilie5. We see Ihenj gulanY. They are wwithKen care oranu happy. Tpjestr women s8yfftel Iheynever thought about becoming fos18rparenls and lirKJ abant)nedchkn and tIK>se Mth h8th i58iJes if FARA had nol offered such è bèbutifulexample oldedicalAOn.- Tacklino PovÈrty Through Edueation This COMMUntya$9 pro9ramrne Is deliverod in Baia pyt¢b", Nvo communes in Succava County, and in Popepts"_ Leordeni, Bucharest. 11 ains lo prevent school drop-out. combal povety. promote soual inth$fvJTh and integration, and Jvpport 9ro1h Ihrough edu.n, iommunity involveweftl. al iue$$ iv upyurluniD'e5. The progrAmnKa_ tt(JthtrihiJlts lo imprnanting nab.onal int•mational pOIles. strat•9W4$ 2r¥J1•9i4latk)n rAgardin9 poverty redudK)n. prornotsng social inclusion, promotin9 and fgBpecling tho rights of Childrèn and young peoplè. iruding th0c With disabihtw. and buildin9 $u¢tsinable cornmunibe.. It aims to mprovo wolH>eing. help vtjlnerabk IndNhtU8ls thrive, fa&lrtat to cducetion 8nd employmen, FrTpro¥e quality of care. stren9then comm&N)ity4>as¢d stGe5 atnplify beneficrdries, voi¢¢s in (l¢¢h5v)ns fdabng b) thtir li¥ts. Durin9 2024 111 SuLdV(1, 100 kiiideigarten and 200 pn.mary 5Gh0oage ChIn were sUprred mrougn after-wooi prL¥lam, whlch pfoviaed more inan 36.(W hoi meals aTrJ more man 3.thwwr5 otvIl wwork. More Ihan 450 eou¢aDonai packages were provided and ffte was a 1C¥J% graduatson rale for primary sthool students. VVThthin the wder communty, we also Pfoyided support forfamihes struggling ith po¥rty. This InchJded provishin of more th8n 2.000 p&jeS offood and nu14rLxl whk nve than 120 re1 garfenng artsdes arKI howhold Icols. 4)proxvnatety 150 ethtna1krtS were distributed tofankn. 140 Fe med1 in Ihe form ol tèsts, corsultabons. and dental aThY eye care. Tntyse&%ions were overthe yearon lopics rdaw to heamh. curnUntIon. nutnkn. fin3nualeduc2tion. rÈlats"onshps. first ahl. fnendshp. tAJtyrg. sc4xYanty and empathy. Fundalia FAR4's cotporate pathèr Lènovo ha$ ¢ontinued to support prcgrarnma, Iheir STEM ISciorK, Tochnobgy, Engineering and Malhemalicsl edUcats"oal room being ty 336 unique benefitsaries. Parents provide(I the feeilbath bel¢)w aboth the pr¢gremme and rts ii)pa¢t on their chihdren's progress. -1 affl very5alisfKd because my dau9hlerdcslJerlK¥new(Mk andbecaus& she is happy. She enjoys having more She d08sn'f feel firedbec8use sh& la115 asleep by 8pfft. She happy to (b herhofflewo and Is leaming io sp8ak correctly, to interact Ivilh olherchildren. l èm vsry salisfied. may Glep thts ptD9twnmè going as k)ng as possible. even unlil U)e 8th grade ilposwble. My dèughf8T tcry about "ng to sc1K, twl rfshe misses 141v days olFARA, she cries. Shè evèn gels (wlofbed when to come to FARA." 'Myson was with Ms. M.8., and l am very$atisfi)6C8US8 he sts help I1hhIS homewk He 18 v8ry qood Ihings tmm FARA. H& le8ms Kell. Ifhe had lo l)ring his home%k home. wouldn'l manage to help him. We don tkThgw how fo as&sl The homewoth Iheygetis verycliff•rent. We don'l undDrstand any of Ms M 8. 15 gffjat." shès wann. s18yS With Ihem. epl•ns eornclly, andh& par18@ 8nd8 g(xlhearf.' The Popesli-Leordeni pwramme provvjed daily sworl for 14 paopla wilh disabilib"e$ al the day cenlre. Activits'es included group th•rapy, individual ¢ountn9 and 9vidan¢e. actiwbes and crtatitinal aCtiticS. Approxirn4t¢ly 2,400 support packages of food and non4ood items were diqtributed to fllIeS. who also had acce$5 10 individual counselfivJ and group di¥GuJsion¥ to he¥) them erCOMe crisis and dttFifjull siluatlQQ5. Pa9

FARA FOUNDATION IUMITED BY GUARANTEEI TRUSTEES. ANNUAL REPORT IneorporatiThJ thÈ Str•t•glc Report and Dlr•ctors' R•port for thg Y•ar EtwJ•d 31 D•e•rnb•r 20 PartiPPts in the progr8mme offerEd ihe foknving refieclwns. "I IA-e lo lo be Ynih my cotsagues here frn Ihe Gen1. th10 leam sofflelhing fven l (A7n¥ laThv howmueh leon do som81in)8s. But if I woth 8v8ry day. l ffiana lo do somgthi'ngg(%xl. lkn gl•J Ihat l(Klay Ileamedsomething new. I diln'l thinl( I kytre 8ble to do anylliing. l rnan8gedto sort cwt (w," rt aty w&8nllh81 difficuA. lkn glail I 5G88." "I felt Vgry g(thY. I I& tfftv Ihe muffin$ iumedoul." 171make them at IK¥ne 115 my mother, tco.- .1 h.ked dn9 ¢ookn"ng a¢tM"tybacausè I was tt) dèvèkw mY"ty locut wtabfes, l am veryhappy thatl succeed.. "l to ¢enlrn to scvialttè and(kn actsviLs p60ple. If8el andal 8.. Edueatlonal Buvsaries Followin9 Its sucLtssful laund) in 2023. the FundalHa FARA Educats'onal Burie- programme expanded in 2024 10 $UPPOftsr¥J 56 recipients. 30 funded by FAFW UK. These were awarded to hwh-8thviro students from disadvantaged backgrou5 lo supporl their conlinued vjucation. This prograrT¥ne more than iu61 financial support, it consists of ¥vuii>¥llirig. yuitj1l¥i, IIIEiilviiiw. ¥iiiviitJridl )yppuii fvi 11(I¢KJiidl ¥X¢llTi> ¢ivJ [111)>1011 10 u¢iivtisity, support for partlGipaiM? in national compethtions and contests. a(Jvice at the exit of the protec¥on $ystom arKI access lo personal development opportunit. In addlIn to finanu81 ah1 to Iheir Chan lor IrreaSe0 academic Ferfornaii¢ ond a¢hwèm8nt oi career plans. A sanwe ol student feedbac Is hK)hte here. .1 •ppr•ei41• Ihis )(1)rflI1vwnm• •1.¥ illwlp•lm• fin4nri. I wlkd Irj ov8rcom8 and wovitled mo M41h loarning opwlunilios Iljal hdped me accumulale kno grtldevok¥J new Sk19 fstt•rth&n I could im&girJe." "Erluialion Is one ofltse most inwtssit sttrjtrs fvrow devtkwmwil itthapes 8peopLp. FOGUS Jvurdrvam and (X) Ihe Oesl yov Gan lo suGceed.I rhep(¥Er1Q Ghange yow Irfg Cl1514nce5 rs iii ha5." 'NoOodyhas help6d me so far. n0tem0raty, n(X Mally. not fina11y. I bthve Ihal tlws wruramme Ls mycl1¢e to go beyondmylimits and ways lo use ryfulOential Ihw le8mvw &e811.. 'This bur$gry ts essenfy"81 lormylulure. 11 is my chm lo finish mylllgh s¢hcolandfuthermy educat at urrivetsitylevel." A FAMILY FOR THOSE WITHOUT: St Nieh•l#• . Si Ni¢olas home for chiklren rjosed rts doofs at the cnd of 2024. Opened in 1997, St After 27 yeer¥ ofacfvity, Fundotie FAR4.. Nicolas was Fundatia FARA'S first residenltal care facility arvj offal programme. Aw9side ils sisler hDe. Gobriel's11999- 20191. Sl 14iGolas lilaike ltr beginiiing of Fundalia FhRA Ms we today. The G[taln of 8t N4fj91as atxl, subse9uentty, Si Gabriel's allowed Fundati3 FARA to he rnore chrfdren than ever befote by p¥o¥iding an itHlepen(Fenl, nurturing. home thai was Llesperatety needed by tts befÈs. Since Sl Nicolas and St Gabiiefs opened. Romanian society has changed svJnfficanlly. The development of fc6ler care servre8 has reduced the need lor residential hornes for children aThJ Switched Ihe fows lo communty work. st Gabriefs had 36 nefiCIarS bèfote rt cktsed and. overrts lrfèlime. St NicoLas has been home lo 42 chiklren at differenl times The hornes offered a true famity environment where children were lo¥Èd. carèts lor educated. SLSPPOrted and encouraged lo succee¢ in life. The children who INed at St Nicolas ¢ame from diverse and often ItaL¥natic backgioutKls. illcluding those abandoned, without farnilip5. ar tsthers removed from tt1rpaortts. ¢afe. As a 1¢ of invesbnents in progrwnme and professional interventions. mary chlfvjn were ¥eunified with their famil$. tnaking room lo support otheTS in need. The ho wibssE(t counuess succes$ siories. Many benFJfiGiaries grew out of fvn-litne Ca and went on to pursue hoher edLSC4tion. enter the wort(force. an¢J Iwe happy, independent Ir¥es. Pnty now h8ve Ihei¥ own farn11 ond keep In kjuch Fundaya FARA $t•ff WIK) hetped rakse Ihem. Reyina Btslai. Assocmte Director of Fundalta FARA. conYrnled'. 'Fof t young adutts have lell the progTanJme. its coming Irne to Ihelrfwnil8. Iheycome 8rfrd see us bnd visil us I woiildshafy A wc%11 SucsS stw of a child 81 Sl G81)ripls who was ThId bvith INS mother 20y88rs w when was about 12. 1 feel ths gtstitude mspoct W1ft h• cls mg to shafy ths lygvements, hapynoss and Igelings about INS •)rp0ri0n¢e in our¢8ro or ask lor aobi¢g. 4$ r• $bll in ccd)t•¢t al I1 • month Andthis is common b•cus¢ Ihoyfg1 that IFARA] family is her& thay foundlow and supwt and theykrKwthalp6oplg ats)ul them." Pagè 10

FARA FOUhlDATION IUM17EO BY GUARANTEEI TRIJ8TEEa' ANNUAL RepoRT In£POIli11lry thE 3lraiE&G Report and DITgaors' Report forts Year Ended 31 Dxember 2024 Ihe goal of Sl Nicoks was ahvays fir51 and 10MOst to PTovbJe care. bve aNJ a family to Ihose wrthout The Fundalia FARA team who ran the home Irealed chddren a5 their each day. not as a lechnical . thus showing th@ir pYlrAorrtinary dedication. We want io thank incrediblè slaff ftsr their h.re LI and rn1nt to fv ¢hihYren in thoir car•. Solidarity with Ukrainian r•fug¢t$ Following the outbreak of war in ukrai ITr February 2022. Fundapa FAK4 ¢ated ihe Solidarity Team for Ukraine lo provide essential m8terial Support and psychological asststaTr io the Ukrainian rEfrJgee5. chihlw and farnilies crossing the border at Varna Strel, Suceava. This woth continued in 2024. althoh rt is ndIng down. and scheduled to close tn 2025. Fundava FARA helpeTJ a tolal Df 60 people124 adtrfts and 36 chikyrenl overthe COU ol Ihe year. Half ol these people were 5UPPOrted In the eA)mmuntry in Suceava rA)unty. The olhefs wert supported Yath accommodatNM. includèd Romanian language lessons. edutational activitie5. recreation. S¥81 actvilS and chiklcare 5UPPOrt. One refugee we 5UPPOrted sahy 'T1kS lo FARA we lo br#Jgpèaeè fto trSOlS.. we Ihank frorn the bottom olourhwts loreverymom&nt ofpeace." In the UK.. Engagement with the FARA w0fOrCe Thè FARA UK workfoicè has 180 full time equiv31enf 51aff. This comprises aFyroxirnalety 300 paid staff, 120 who are full_tim• with the remainino 180 operalino ctn A part time. 01 tasu¥l ba$1$ equivalenl. along wth volunt94. Tho charity ¢ommuni&?tes wilh its staff and volunteers in multiple ways. Induding monthty iniernal newsletters, email comrnunications, thè FARA intranet, thè holding of regular prOjecVteanVaa meebn9s and throvgh Ihe senior management team. The shops re¢eive gUlar visits from th• Area managery and ad IWG ¥i5it5 from membert ol the txecub¥e Leadtrship t¢>6tn and Trustees. Al ¥laif lid¥E a charity email address. An annual appraLsal proLS8 is cwlu¢l8d for 811 st8ff. It seeks to und5tand pmfessKbTral and person31 development rpqiiirpmeftts and how they mght us• oth•r $kil& and èxperttse to EUPPOrt the chanty. This infomiation is used to understand c•r•gr a8pirations and fvrthcr cnhancc- -taff de¥eloprrEnt. E-arnIng is used as a means of Irainityj and devdownenL The Trainiro P£ademy continues lo operate al Ouf Islin9ton shop. providing basic training fijr Shg) staff 7•Jhgn Som0@ fi1 $i¥rts with FAPA. i•fr•shgr trainin9 and ad ho¢ training whn nS.qiJirpd FIPIANCES AND RESERVE8 Durtng 2024 FARA re¢eived £27.54Y12tT2J" E23.bOOI Ir(ffi spon$ofS. dts.S and charitable Injsts.. Investment incotre was £4Jl.dUO Ik023'. £287,376I while Ihe unreahsed gains on fund invesbnents oUnted to È154.60412023." £183.8421. The Investment Comrnitteo again 0)nnended the approval of an invesknent poky designed to rKndiJr¥. AhAvp inftation rgturns ovei the longer lem while adlrino to the ethical contÉm# of the thaiity Tr. enntriTrXil from operabder4#$¢d to £1.699.341 during the year {2023.. £2.75J.8WI. The reserve8 posits.tsn of the charity has shift9d from £11.77m in 2ry23 to £11.62m in 2024. The aceounling policies ad¢Wed by the tharity are set oth Thi Note 1 to the xcounts. FARA UK fundraising 2024 was a dnhcultyèar for Irading following the posl-COVID surge in sales that took Pla in 2022 and 2023, with sales 1.4% down on 2023. This enabled FARA ièlail shops and online opeTalK)ns lo generate a surplvs of £1,699.341 which It W8$ able to covenant lo FAPA UK ¢Juring 2024. This ensured Ihal FARA UK could conlinue lo grant fvnd Fundaty"a FARA core ark devèlopn7ent programmes In 2024. onty drawing on reserves 01 £144.737. FARA UK Trnding Operations ts 8lmost 96% ofFARA UKS8[u Ytc(Mne, and thè remainin9 4% comès Ircm gÈnerDUS regular UK gr$ and investment retums. During 2ts24. intomè received from fisted irwestment& and bank deposit accounls amounted to £437,20812023. £287,376), reflecting an improv8rnent in divKleod YId8 and Inte$1 rate At the samg Ime. the untealised gains mad? on iftve5trn&nts amounted to £154.66412023." £183,842). Income generation ovlside of Ilie sliuys li1• Ixen dEvW tjuting 2024 aj vthll coniinue InTO 21T25 as part of me aeveiopment of the three.year 2024-2026 strate9y. PèJa 11

FARA FOUNDATION IUPAITED tyy fjUAIIANTEEI TRUSTEES. ANNUAL REPORT Inwporallry the Stsategle Report and DirectOf5' Rep(xt for the Year Ended 31 Decunber 2024 Plan¥ for the fvture During 2024. UK> 2022020 slrattyy Lryan lo Lr vnpkm¢nW to hdp it to i• over Ihe thTetry¢ar perioa. . Tnis looked io conttnue the altsJntnentiif FAPA UK aTKI its Iiajiiy bLrbsKSiary to ntinue 5Ltrpporting the work ir HoMan. ana In me UK focu51ng on ihrts swar8gk areas. Programme5.' th Intend to conbnue s¢Jpponing Fund8pa FARA preogranThs to dplNer 5ervK85 ofthe highe6t quality lo help the mosl vUrable childr. young people. adults and larnlias in Romania, developing our partnership to ensure it iseffeclwe. wofessiond and suStaable and 8nabl&s them to Implement thèir thfee-yaai Strategic plan. Public engaggmont. ¢onsohdate S1 grrmf Ihe contri)ubons frrffi wrtetal operation to ¢Thsure ils conlnued $u¢¢es$ and yes11nCe. whde ako looking to dNerfy Our income base by incw6Kfj our profile and comrnunity 8ngagetnenL peoplè: we wim cUva a tnfNth9 and priMJ WDrkfDtEe 5UPPLJrted by ••J prolessional governan. united under shared values. VISI aThJ mission. FARA IIK . U1 IL4 Partne1p A@mÈnI with Fundab"a FARA is expect•J to prsNide Fundaba FARA between £2.5m- £3.Om each yearovèr the Ihree-year strategy peri(Kl 2024-2026 to fund existing prograrnmes Isutwct io the conts"nuing ed lo raise lunds during th•t period from Ihc ptsblK and CdoryrationÈ and through apptyin9 for •li9bk lunding wthin Romania and In Europe. Financial review and risks The charity maintains an¢. at each boaro meeDr#J. Teviews As rtsK $Ter aThJ Upda3[1 WtEre necE55ary. In othlitiLJn Iv Ilii¥. the risk regisler is a slon¢Jing ilern al all subcommrftee6 and Irough revwea Irs d8ts11 onck a year in Marcn. We WOfK 10 ensure we have dale and appropriate conlrols in place aThJ are lakiThJ any furfher acb.on as required to prèveni. rniiKJaie o¥ limil risk. Whi acknow18dgiNJ we l't prevent am risk relaw events. The Board of Trustees ar¥ sabsfi8d that this Kyocess manages and milAt.& thaqp. riqk Our risk regisler Yen"f8 potènlial itks lac8d by FARA UK and k)okR in auosg Èxtemal. Ccffiplian. finaKial. govemancè, eporational and progt8m d•liv•ry risk areas. As a grant lundiNJ onJantzalion ern5Y. t. mnol 8wJnifunt risks include th¢ ftsllowin9. 11 The pro9ramJ we fur+d nol deli¥ering Ihe expe¢te<l out¢dmes and wkTrtict in line with our charitable objoctivO6 or not boing iknllv¥iY safely and credilA y which Is mrtW3ated by hawrg In place a robust grant ftsnding and portn¢rship arrangement ImemoraTh#um OT uiMJetslatyJifi91 LEIwEen FARA UK Fundalrd FMIA l(¥elherwrth ulat senior mana9ement rr¢¢tsngs ano reporting- 21 A lack 01 5ulcnl nuner oi peop Wkm me ¥spropri8 SKMS on FARA UK board, whlch 15 tnth"galBd by regular reww5 01 Ihe goftrnan Sirlre and sknlls gaps. 31 An over-reliance on FARA UK iradiry acmies lo generate adequale wofits pethaps due lo a dOWnrn In trading income, increased costs due to inflationary plessures or hvJh 51aff lufflover an¢J dissatsslaclion, whith is mitl9ated by developing altèrnative funding streams along wilh gofKI internal commur¥caboffj and adequate management support ba¢k&J sjp by appropriate HR polioe$ and practices and welbeing resour$. Other lesser ftsks Indude Fisks of madequate finaJaI ¢trOl& whth mib"ga18d by robusl budgetary procEssè$ and a regular rÈvi8w of the fin3n¢ial ¢ontrds in place and the inve51ment and reserves strategie5 fjot IEiTrg appropriate_ In the case of Ihe Investment strategy Ihe risk i5 milvJated by beiNJ wularty discussed at Inw$thnt Cgmmittee meetings h•kl in advance of Ihe Finance meetings and revEbved ond approved by the fvll board allnualty wilh the reser policy bei rewewed Sn depth aTrnuaUy to ensu it is appr(yrwle. Reserves Policy The rosition on cash reS is VEwed al1 of eath Finarttè and Risk Subcommittee meelmg before reports'rrt3 to the fijll FARA UK board while th8 restrves èxarrmned anwth Wh Ihè finarKial staiements are I"nQ finalised. The cruaal measurè Of the charity's ability to continue fundiNJ Serv pmvtsion in Romania ts ils Ve1 ol Ilty cover. Ac¢or(fin9ly. in ieviewin9 and establtshing tm reserves policy and to alHJll with the curTenl 2024-2026 Stratogy along the Partnetship AgeMent. the Trustees have ¢on$Mlered the requirem•nl to desvJnate fijnds fol the next Ihm yeats lo fund the core progratnmes e$tabltshed in Romania. a fvrther fovryears for the long-term support for those who are In long-t•rm re. and the 5hort-tem) requirements for the xt ten rnontts The fvThlir*J reqkHrernents a based on tho approved 2024 bu¢Jgei arKI ale coverEd by thE dllllU<il yi(Iiil fuiKkniw ayreemviil a9ieed and fj9td al the er•J of ea¢h finanr401 year setting QUI FARA VK'S legal obligalion to provxle funding fot the yeai. Page 12

FARA FOUNDATION {LIMITED BY OUARANTEEI TRUSTEES. ANNUAL REPQRT lrtorporaiiThJ ine Sirntegic Report and Directors. Report for Ihe Year Ended 310ecefflber 2024 FARA U( recognises fypes ofreserves.. Restricted Funds and Unreslricted Funds. ReslrttÈd Funds-thÈs@ ar@Ind% r•¢•iu#d for 5p8cific and SI)j lodonor•Specffied restrictiolls. No $uch funds w•ro h•ld or r•tswed dur¢ng the fiThan&al yèar 2024. Unreolricted Fund¥- thcae are funds ¢hat are not subj.ecr to donor-spÈrAfic re&lrictions and afe available fui Ili¥ genef81 purposes of FARA UK. Unr8slFiCted funds ale classffjeL1 as desnad fuftds or Gèneral Reserves in line wib) the Genernl Reserves Pc4icy as approw by Tnjstees. General Reservgs Policy Genefal Reserves a the portion of thè unrestrthd fu1$ remairmng thè Tntstee5 have set asKle any amounts as desunaled funds Isee below). The board of FAR4 agreed to Ihe G¢neral Rasee& Polry This policy requires FARA to hold general re8eNes ol approximately ten month5 of giant IvTrJing for Ihe pryJgrarTtmes in Romania at any lime within the year. In 2025 this arnounts to £2,175,864 of General Reser¥e5. The TteeS judged this Ve1 of resetNES was approprtale ¢c. t)e resilient to finanGial shoths and ensuie tatI oppralions r2rb continue in the short tem rfincome 51gniftanUy restncteo tsr a snfmt period oi lime.. an ensure chanlable income is spenl in a linty mannerwhi15t balaTrng ts need for $th"enCe. Genèral Rosems General resereS are not restricted lo. sel aside, or deSnated for a partIlar puoSe. On 31 Oecember 2024. G8neral Rèsefves were £2.629.740. witrTrin the target range of ten monlhs ol net grant funding required by Fundalia FARA to fijnd tho rreiii programmes for yèar. Designatèd Funds Designateil funds arè those vnreslncted fvnds Ihèt have aNocated atthe Tnjstees, discretson forparticularpuws. Umd•r tho Parln•r$hip A9raomoftC thtr TruEteeE 3r5d Fundalia FAM a9r¢cd ttiat FARA UK 8hould holij the years of 9ranl funding based on thc Fundaiia FAR4 2025 annuel net budget a3 a de#ignated lund to assure FARA UK'S commitfflenl lo continuity ¢f funding lo fundatr'a FARA on a r¢llill9 three-year basis. Ori 9- DeLtyI)b¥i 2024. IIIV yEIlVldl bu4Jyvl ul £2,535.330 (Lei 14,054,346) was approved by Ihe bDard of FARA UK. aOWing Ihe board to alkjcate three years of Ihat net spend to destgnarea Teserves a Of £7,bt,OUl. The IDJstees nave also ¢Jesignated luThJing 01 £1,325.4001o be sel aside lo fund the O Homes Liie ior lour years beyond the cunI 202&2027 ihreethyear funding ¢fft. Investment Policy Thè charlty tontinug.% to In*1 it# 5urylus rese1V in a miy t)f hh Irw risk irweslments, bond# and cash d•pty¥its and thosè invÈstmenls adhere to ts ESG comrnilm•nts. This poTh¢y is desi9nod to eftÈurè hwherthan average growth, with

£s¢ei¥t•d h#Jh_nsk, over a &to-7(Ly¢aT brne horizon. This ss undcrpinned by th¢ Judgement Ihel the chanty would be unlik*ly

to need the fund In thc short term end Ihat the th8rty. th¢reforc. reded some investments dir*¢¢e¢Y lo higher growth wilh hvaher risk forthe torwtrr-t¢mi rEed5. FAFIA UK £01111n$ Iv liilV¥ iri knV-l fund5 bel up expie&%ly to rTWt the requiren)enl$ of di¢iiiii¥s. ThE5e fund5 Irack the UK stiKA an(1 t>ond mathei. The value of FARA Invesbnents stood ai a httk over £6.57m as of 31$1 December202412023". £6.79ml. The Annual report. incOating the Strategic Aport and DirEctr¢s rep¢)rt has been appro¥•d by the Board of Trustees on . and sBTred on thew behaty.._ Ms S G Cross- Chair ol Twslee5 Dated Page 13

INDEPENDENT AUDITOR'S REPORT TO THE MEMBER5 QF FAI¢A FQUNDA VION {UMITED 8Y GUARANTEEI Opinion We have audtted the fina181 Statements of FAJIA F(ndab"on (Llted by Guaranteel (the 'oarnnl charrtable company'l and its Subsidiar Ithe'group'l lor the al 31 Dec£mbor 2024 which cornprise the Consd#Jated Statement ol Financ Acliwties, Ihe P.onsoltslatod and Charity Balancp .8pt8. Ihp f.nnstsll)frf .¢h Fkwi .qIAlgm•_nt and notes to thÈ fin8ncial sl8tements. including # sumrn¥ry of signthcant aceountin9 policg. Th• fin¥rla5 report¥¥ frwnework that hag bn in their prep8rAlirn is applicable kiw and United Kingdom AKpynling Standarrls. includin9 Fin)cial Reporting Sland•rd 102 Th• Finan¢ial R•porting Slandaid •pplK•kk in the UK and Repubk ol Ireland (Uniled lQrydom G@rAGGptsd Ac¢ountin9 Pradicel. In our opiniDn, the finan1 51atEifiEDI¥. give a true and fair w.ew of state ol the group's aTrJ ol p1 chyritabb ¢thnpany's allaiTS as al 31 Decernber 2024 and ofttre grw)'S MY•)ming rtsouw aFvI.0Tr 01$0r. induth.ng its incorr and expendilure. forthe year then ended", have been propety w¢parad N) accordan with Unrted KiThJdom GerallY Accepted Ac¢ountsng P(acb"ce.' have been ppared in accordance wilh the requirements ofthè Ccrfnpans Act 20C6 and the Charilies Act 2011. Bagls for oplnlon Vve conducted our audil in aCrdanCe wilh Intemab"on)I Sl8ThJards on AudibThJ IUKI IISA5 IUKII aNJ applKable law. Our responsibilities under those 5tarKlord5 a frjrther descthd in the Audilorfs respgnsibilths for the audlt of Ihe financial statements sectR)n of our report. Vve are independent of the g¥ow> arKI Ihe parent charItae ctynpany in aocord8nce with Ihe ethical requiremenis inai are wievanl io our auaiT Of me financial Stslernts In Tr UK. Induung me FRC'S ethiGal swn¢Jai¢J. atKI we have fulled ourotherelhical re5ponsibilib"e5 in accor¢JaoGe ith Ihese requirements. Vlle beeve that the audit eviaenit we navÈ ot)tsined is sufficienl and aFwopriate lo prowk a for our winion. conclusio relating to going COnM - In #iidilinn th fin#neial lsl171i1ts. we are require(I to (Jeiemiine wnetnec mefe Is a rnakrial mis5TaiernI Jn tr finanoai staoments or a matha1 ffllssiatemeni of Ime other information. If. based on the work we have pertorned, we conclude that there 6 a marIal m1s5ts1emeni of this Olher informaiK)n, we are requi lo rewi that facL IA have nolts'ng to reFL¥rt Èn regard. Opinions on other matt¢fs pr8scrfbed by the Companles Act 2006 In our opinion. based on the work yTrdertaken in thè course of Ihe audil. the infomiation given in the Truslees, Report liftrpOratIng the Strateg¢ Report and Director5, Report PTepaTrd for thÉ purposes of Company L} for the financial year fv which th• financial stat•m•nts a pPared Is consislenl with thÈ financial slalement5, and the Tivstees, Report Iincotporating Ihe Slfategic Report atKI DiGto[$. ReKx)rt prepwed foi Ihe purposes of cornpaTry lawl has been prepared In accordance wilh appfirable regal reqUireren{s. Matters on which we are r•quife(I to r•port by •xc•ption In the light of the kncv•rtedge and understandin9 of Ihe grrAJP and the Pant charilable company and ils environrvEnt obtained in the tourse ol the audit, have nol idenlified material Mstatem&t5 ill the Twstees. Report lincorporaling the Stralegtc Report and Directors, Reporti. Wè havÉb nothing to twjrt in res of thp folknwin9 matlp.rs in r>.L4ts" to whh th CanS Act 20C reqLtires us lo report to you il, in our oplon. adequate accounting records have not been kept by Ihe parent dwitable compary. or returns adequate for our audit have ot been Teceiveil frthi) branches not wsited by us.. or Ihe pant chahiaue cornpany's finanual 5&tne[ are not in agernent with the accounb.ng records retLtrns.' 01 certain disc105ures of lrnstees'ldirectots. IeraOn spe¢iW by Iw are not m8de" or we have not 1Ve all Ihe informalion explanat)ns we requi for our audil. PJe 14

INDEPENDENT AUDITOR'S IIEPORT TO THE MEMBERS OF FARA FOUNDATION IUAIITEO BY fjUARANTEEI ResponslDllllies of IrusOS AS explained more Fulty in the trustees. responsible$ 5talement sèt out on page 2. the trustees (who a a150 the direclors of I charitabte company fof the purposes ol Celnpany Lawl are respon5it4e for Ihe preparalon of the financial statèmènts and lor beirYJ satisfied that they gwe a true and fair vw. and lor such intemal control as the trustees detÈrmino IR ngr&_¢x#ry to enable th preparation of financial statements that arè frÈè from MArial mr%txt_rn>.nt. whgtsr due to fraud or orror. In prpariw Iho finsntil 5tatemenls, lh• tru$tses arg r86POt)Eiblo lor aete6sin9 the group," and th¢ fit charitabk ¢omp8ny' ability to ¢ontinuo as a 901119 wncern, dk%closing. as appliGable. malter¥ r¢loted to going concern and usin9 the going con(£rn ba$1$ of aKoJnling Unle the tN3tee3 etther inténd to 1hlujte Ihe 9rcw or lh¢ parenl Gharilabk (thiipdiiy vi Iv Gea5e operation5. or have no realistic 8ttern8tNe but to do so. Audltorf5 re5ponslbllltles for tho aurfit of the financlal ststsmsnts Our objects.ves a to oLrtain asonable assu¥•n about whether ihe financial slatements as a whole a free from material rnisslatemènt. whether due to fraLkl or error. and to iss an auilitorfs report Ihat Includgs our opinTron. Reasonable assuiance is a high lèvel of assurar. bul is nola guarantee that an audit COFbJucled in acc08¢11h ISA5 IUKI will aayS dètect a material misstaternent when il exists. MisstalemÈnfs can aiise frn fraud or ermr and are Conside matÈnal if. individually or in the aggregale. they coufd rèasonabty be eMrcled to influence Ihe eujnrmic decisions of users laken on the basis of thèse finanrial statements Irr•gulartties, In¢ludih9 Iraud, are iTr$tances of rK>trcomplienee yéith la re9ulations. We deswjn pro¢edures in line willi uui ponsibilities. outjined above. to deteGt rnaterial tnisstateinenls Ifl rEtpEiI uf iiiegulariiEs. indudlng fraud. The exteni TO Whieh our procedures are capabkof detecting irregularilre5, illcludirJ fvaud Is Oelailed bel¢)w. In idènirfw'rg and assessing ofrnalerial misslatefnEnt in respecl of irregulanlies, Tnduding fraud and non-ccnpliance wrth law5 and regulaitons, our procedures indude Ihe [1)wing..

Enquiring of managemenl Gonceming the orynpany's polioes and prowlu[es latIr¢0 lo. idenlifyrng. evaluating and ¢omptyirvJ with laws and regulations and whether they werè •arÈ of any instances of nafi. c0rnplkgn'. deleclin9 and r•sponth"ng lo the risks ol fud and whethertty have knowledge ol any actual. suspected or alleged fraud". DIsGussin9 amon9 the tngagemenl team h(M diid WFWE fraj wn#JhtQL¥UI thp Flnandal Statemems ana any porenual indicators ol Iiaud. vDiaining an undeislanding of the legal and gUratory frarneworks that the ¢ompaThy operates in, ft>cusing on those laws and regulalEoll5 that had a d1cl effect on the Finanal Slatwnents or that had a fundamentsl effect on operations The key laws and regulations wè tAinsKlered in this tont@xl inejitdwj CIK Cunpani@$ Aet 20C6 and the aettunbng $t•ndard. The erg2Q@m@nt tp.xm i f8miliar with th@ge and h8$ resour avaltattt to support tho Mfjew. Other relEvant law- rUlation$ aro thtsse concerngd with Ihe retail acbvity of the company. forwhich the mana9tsm¢nV$ 0s51Jmptions and deG13ions W4rg rawowed. kt the differences in Ihe a(trtIeS belween 11¢ vaiKJUS uf the group. uSe were revell I¥UallY lor ea¢n COniPQtTrwbl. e Klenlia me greatesi rL%k or material Impact on the financial 51alements from trre9ulèrit4es. induding frnud. to be wilhin the recognition of incc4ne and thÈ overrKle of controls by management. To address ihè risk of fraud in these areas. we. eWed all material ¢sb"mates affecb'ng income. indlIj recoverabilty of debtots and cOMptene$S and accuracy ol delerred aThJ accruod income.. selected a sample of transactions from maleiial income str•ams and c¢Ynpared expected income to Ihat recorded within the f4nan¢ial $tatement5'. perfomwl analytical procedures to idenbfy ary unusual or uXpe¢le(I all¢JShPS". tested journal entries duAng the year 8fKI al the yeaiond to entity unusual transacb"ons.' assessed whelhèriudgéments and assumpts.orts made in detenninirKJ ts a¢fA)unbng esimates We indi¢alNe of potential b¥as,' investigated the ratsonale behind sGanI or unusual transacb"ons". Reviewed minutes of meeb.ros of thosè charged with go¥ernarKe aTrJ (th¥d an understanding of Risk Assessments and PolKies inlroduced by management". Compared resuhs of eslimates previousty made to actual outcome5 tts con5•Jer rf Ihere were of mis6tstement due to bias, includiry but not limrteil to diladationS prow5itsning. Th¢ ptoceolufes carrd Lwl which Iv de(ECtiwy eiiors in Ihe appllcaiion of IM laws aTrJ ulationS are thougni to De capab of det9Gting, and adVlTrg the corrnction of. any rnaten ifwularibes. Pa9e 15

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF FARA FOUNDATION IUMITED BY GUAPANTEEI Mi$statemenls Ihat arigé tr> fraud can be h8r to dgl•vJ Ihxn lho thal arise èttor as they may ifbvolve delthrate ¢oncealmont or collusion. Howewr. audii proc4dLtr•s re deS3n¢d to seo)unt the management OW.br¥#lp. of controls being considered a high A fvith¥i desLY¢ptioi) of Qui respons¢& i% available on h Financial Reporting Coun¢il'$ website at http.IlY4w.frc.org.uklauditur5fe5PDll5ikn'lilE5 . This descripb"¢)n lom partol our aLKI5 repc¥i Use of our report Thts rep(%t i8 made sokty tts the ehaniat4e c(fnpany¥ memtéts. 8$ a bth. in xcordance th Choptèr 3 of Part 16 of Ihe Companies Act 2006. Our audit work ha5 been undertaken so Ihal * might slate to the Charilab compally'5 merTtbers those matters w8 are required to $tate to them in an auditots reFQrt and lor no other puwe. To the fu$1 extent rem)itted by18W, Wè do not accept Dr assume responsibiltty lo anyone 0lh8r Ihan th8 charilable compar¥y and Ihe Charitab companls members 86 a body, for our audil work. for IhB report. or forthe opiNons we have fomwd. Lisa IMLson FCA ISenK)I Stslutory ALwJitoil For and on behalfof Rothrnarts Audit LLP Chartered Accountants ChiOrth pTr( 1 chi10rth Roaj Southatnplon 5016 7JQ Date". ftothmgns Audrt LLP 15 elvJiblp lo act ¥* on auditor in ofsection 1212 of Ihè Coffpani06 Act 2006. Rothmans Audrt LLP a l¥nited liabihty partnefthip regystered England and wa (regLsted OC4262DOI Pw16

FARA FOUNDATION IUMITED BY aVARANTeEI CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES Forthe Year End•d 31 Docombef 2024 Notes 2024 IToEall UnFgStrfffled Funds 2023 (Tulall Uniesiri¢teo Fund5 INGOAIE Donations and legactes". rA)nat ènd other vUntary inccqne 27.549 23.880 Income from other tradin9 actNrts Retail income Propeity rnaThagEmenl charges 11,992,925 12,3e4.119 1.400 Investment incomè 437.208 287,378 TOTAL INCOME 12,457,682 12 676.775 EXPENDITURE GOSIS ofT81n9 fvnds.. Retail costs Portlolio managemenl 10,432,205 29,714 9.498.620 18.884 Expenditure on charitsble activit5.. Provtsion ol Funding for Chthj. Youth, Adull Care & EdLrcalron81 Serv$ 2.295.104 2,093.530 TOTAL EXPENDITURE 12 757 082 12.311.040 Nct income I l¢xpenditurel lor Ihe ytar before gaIr and loss¢ 1299.4011 4t5>, KJS Net oains I Ilossesl on revaluation of fixed a5sel inlmentS Net 9ain$ I Ilo56e51 ovt invesbntiits 154.th4 183.842 NET INCOME I IEXPENDITUREI FOR THE YEAR R•con¢lllatl¢)n of funds.. TOTAL FUNDS BROUGHT FORWARD 11.765.885 11,116.308 NET MOVEMENT OF FUNDS FOR THE YEAR {144,7371 649,577 TOTAL FUNDS CARRIED FORWARD 11.621.148 11.765,88S The Staiement of Financial AdNrttes includes all gains arwj losses recogn1 In the 12 month riod. Al amounts relale to continuitlg 3clniib"es. The notes on pages 20 10 32 lom) part ol these financial siatements. PJa 17

FARA FOUNDATION ILIMrfED 8Y GUARANTEEI CONSOLKIATED BALANCE SHEET As ai 31 oe¢ember 2Q24 Noto$ Ch•tEty 2024 Group 2023 Charity 2023 2024 FIXED A55ETS Tangible assets Inve51ments 10 11 203,670 6.568.117 5.652 6.653.117 198.220 6.794,046 12.463 8,879.049 DEBTORS.. Due after one yEaf 12 43.824 43.824 CURRENT ASSETS Debtors Stock Cash at )k and in han Investrnents 12 1.101.693 622,055 1.249.810 60.980 2.657.234 1.934,333 S.9112,7 Y55.831 1.377.533 3,665.384 Ct.144.&1Q 1,295,101 3,665,3S4 5.SaZ.54Q 2.423.153 1,934.333 5,J13,317 13 LS.. CURRENT LIABILITIES Creditors. Due within on year 14 424.4Th) 66.Q97 463,334 30,652 NET GUftRENT ASSETS 5.72Q.219 3.516.443 5.419.023 5,282,865 TOTAL ASSETS LESS CURRENT LIABILITIES 12 4QY.881 1? 18?AQ6 1?.4 113 12.218.001 Lw•>". PROVISION3 FOR LIABILITIES 16 878.533 491.258 689,228 379.925 NET ASss 11.621.148 117&4885 11.838.076 FUNDS Unrestricted Income FurKIs Dcs1gnated fufid$ General fvnds 8,991.408 2.629,740 8.991.40B 2.700,230 9,889,749 1,876.136 9.889.749 1.948,327 TOTAL UNRESTRICTED INCOME FUNDS 17 71.621.148 11.691.6 11.765.885 11.838.076 The note5 on page5 21 to 33 fom) part of Ihese finafKial sLatements. No charity Ststen*nt of Finan¢ial Activities is presented as perfflitled by section 408 of Ihe Companies Acl 2006. The charty's deffiu"t lor the financial peii(xJ is £146.437. Appro¥ed by IhE Boa ofTrustees ..... . ar¥J swJ on their behalf by.'_ Ms S G Cross Chaim)an Mr R Dav#Json Trustee Page 18

FARA FOUhlDATION (LIMITED BY CUARANTEEI GROUP CASH FLOW STATEMENT For thp. Yèar Ended 31 Dtnbr 2024 2024 2023 Cash flows from op•ratlng ¢llvili•#: lot cash provided bylluJ•d Fn) 9ran9 aGtl¥hles (Note Al 237.507 410,829 Cash flows from inv6stSng activitlos.. Addibons of tangibte fixed assets Proceeds of sale of largible fixèd 3s5eis Purchase of veStments Movetnent in Crnt asset Invt5ttnEnts Saje of Inveslments Dividertds retained wilhin cash portfolio Interest réce 1101.9791 {102.3931 423,449 11,124.8181 1506.3041 575.187 {1.731.0511 215.709 101.662 Npt Gash pro¥lded by1fus In) Inve51r¥w aEtlvltl85 1.042,134) 11.208.404 Change Cash and cash equlvalènts In the reporknng period 1.279,7011 11.619.233) Cash and cash equivalents at the be9iMiNJ ofthe ports"Trg penod 2,657,234 4.276.467 Cash and Cash equlvaknts at thè end ol the reporting p•Yiod 1.377,533 2.657.234 Note A Cash nows Trom opgmng a¢iivitles: Net incomallexpenditurel for the reporting period pei the SOFA NÈt losspsllgxinl t)n rv¥AliJxlion of fiypd assets D•pr•ciatson Los>llgainl on safe of fixed asset Nei lossesiigainsi on Invesimen15 Fees eharged retained withtn Cash interest rec&ved Investmonl inthm@ rèinv•sted ovemcnt in provisions Moweiiiei)¢ in >lvik Movement In aeotors overnenl in creditors 1144.7371 849.595 $8.930 )7.595 1154,6641 B4.057 22.377 (183,8421 22.544 1101.fi6?1 1186.7141 136, 1241 60,98U 1746.9941 3.954 {215.7091 1221,4991 189,305 li*U.YUUI 306.219 158.9331 Mot tash provided bylijsed Inl operatlwJ aetivitr 410,829 Page 19

FARA FOUNDATION {UMITED BY GUARANTEEI IIOTES TO THE FINANCIAL STATEMENTS For the Year Ended 31 Dfjcember Z024 ACCOUNTING POLICIES The folowing ale main xcounb'ng polKies adopkd by the Chanty:_ Ba$ls of preparatk•n The financial statement5 Of Ihecharty, whith is a publOefitentlty 1¢[ FRS 102. have been prepared in accordan the Statemenl of Recomrrended PractKe apFlicab to ChleS prepaiing thèir accounts In accordance with tho Fin8noal Reporting Standard ap[Air2b in Ihe UK and Republic of Iland IFRS1021 and Ihe Financial Reporting Stand8ry1 applicable in the United Kingdom arbj Repubk ol ITEland IFRS1QI and the Compani85 Act 20&8. The charity meets Ihe dÈfinrtKJn of a PLrt)k benefit entity urthr FRS102. The charity has prep8red the finanu81 statements in ccffipliance Trmth the Chanty's goveffling documenls accofdance with the following accounts.ng pOle$. $ monelary Yalue$ ar¢ CdcatCd under Ihc htoriG GQSt ¢oThvenbon, as Modif by tho rovaluation of Investrnents. Goin9 coneèm The Trustee5 have not idenlified any material uncrtBint5 snd ao not aware olany specTrfic or9eneral event that would pl8cÈ signihcant aOUDt on me enanry's aDillty 10 ¢onDrt as a go9 concwn. Ine I ru51ees forecasts and Dngoing assessment of ¢¥eraD"ons, ath"wbe5 and reserves lom Ihe basis of theiT as5essmenl ol going COnM, which covers a period of at least Vee fflonlhs from date ol approval of these finanrial stat•Trts. Aco)rdingly. the going torncérn bas of ac¢ounbn9 has been adopled Pparij these finan¢ial statements. Group financlal stslements The financial sfatements consohdatè Ihè results of the chafity owned subsidiaries. FARA Entèry)rises Liirlid. on a lii)e by line basis. A Separate statement of Financial Athwties fctr Ihe charity has not been preèented be¢au6e the ¢hanty has taken advanlage ol Ihe exempbon aiforaeo by seLb)n 4[ or the Gompanks Aci 21)00. Si9nrflcant Estimat•s and Jl9•MOn Iiilwiwil iii th¢ aW1KalK of many of the utia pdKitss Lttd in preparing the finart¢)I statements 18 the need for diredors lo makejudgeftnts. esb"mates and assumptions thai atte me reportea arnouni of assets anfj Iiabiiiiies ai the date ol the financial ststemenl and the porting amtyjnts ol revenues arKI expenses durinq the year. Actual out¢omes could diffèr from tho60 ostinaies ¥nd ¥ssurnph"onÉ us•d. The accouTrting jud9em&nt4 ar¥J estimate$ that coiilA h8V(a. 5ignifiGdnl ilTiV<iGI ori Ilie i¥sulb of Ihe con)paiiy ate Set out iEl¢)w atyj tshould b¢ read in cory'uriGts"on with Inf•matlgn provKled in the notes lo the financL31 statemenls.. Crltlcal Judgemonls Management deterrnine w11her rtain entrbes are controlled or not. These decision8 are based on several faclor5 includiNJ. bul not limrted to.. the percentage of share caprtal th¥ned ancl the nvrnb2r of d1clor$ ihe company 15 abte lo awjoint to the board of any sUbslaS or associated ents"t$. Mana9ement d8terniine whelhBr or nol a dilapidabons provision is required. Management deiemiine whether U)E enlity has a probalAe obli9abon to pay fot property repairs al the end of a lease letm, and if thi8 can be feliabty calculated. Thejudgèmènt made by management is bas&Y on terrns In iThJwidual kase agreements an historic costs pa on the termination of styniLar 8$e agreemer¢is. Imanagent detemine whether sseS èntered into by Ihe charty eilher as 8 lessor or a kssee are an operating lease or finarKial lease. These deck%ions depend on an assessment ofwhetherthe Asks an¢J rewards of ownership have ten transleffed from the $sOr to the $See on a ka5e by lease basis. Significant Estimatss To ¢J¥iv1riiii wlieihet tlieie are ifK1ytOr5 wpairnEnt of tr ¢cYnpany's tèrvJible a0¢. fa¢tor¥ taktrn into con$ideratKJn In achirrfj such a deci5ron econorfi vobilty and gxpected future financial perforrnance ol the asseL To delernine the expected dilapidalFons cosltrj be incurred on the terMinalft ola ase contract management ba58 thei¥ e51rmaks off hi510it dilapidaltrjn costs forstmilar kase agreements, cal¢ul8tin9 an average cost per Squa metre and faclorirg in the rate ol tnflats.on sirKe the h61ori¢ ¢osts were paby. P•3e 20

FARA FOUNDAT IUIIIITED 8Y GUARANTEEI NOTES TO THE FINAIICIAI STATFklFNTS For tho Y¢ar End 31 December 2024 ACCOUNTING POLICIES IContinu8d...} In¢omo All incorning te50¢Jtces are inGlu(leKI iii 31d1¥r11 ol FinatKi41 Activi6 when Ihe Grt)up Is 12gally ene¢l (O Ihe Ince. me Tecelpt OT sii¢n inwne ts probaDie. ana amovm Can be rrEa5ured wth Suffic Tht accura¢y. Donations and otrrvoluntsry irKryne repents donal and is (¥15? Wh the chaity 15 entitled to receivè the donabon. Shops income generateLI by the Charity's trothrg Subsidiary o induded under Retail lTrc¢Yne and acryjunted for on an aGcruals b3515. Girt5 donate(I fo¥ resale in Ihe charity shops arè as income once the goods are sold and 3ssociaied Grft AKI mcc4n8 is estsmated and accrued based upon Ihe ptsini of sale. No amounts are included in thè finBnctal slalenpnts for Se1¢$ dona1 by Volunteers. No grants h&¥e been reeo9ni8ed cithr in the year under reyiew of the pte¢£ding yeaf. In¥eslrnenl Irme represents irtl?s[ from cash aThJ Ri¢ome Irtsm listed investrnents. Interest receivable is recognised on an 8ccruals basis and diVend aTrJ other inveslmenl in¢(wne ts COgnised w)on elp1. ExpÈnditiir Expenditure is recognised on aTr ac£Nak basi8. Costs are allocaled to the eost of raising funds and expenditu on Charitable acwbes on the basis of di¢1 allocabon toJellw with an alkthtion of support costs. Support c0515 are Df moregeneral nature and indude those functsw thata5sisI the woth of Ihe charity bul do notdiredjy vn¢Jertake chanlable aciiwiies. Inciuuing ¢D8nty Office costs. finanual ¢Sts and governan ¢osls incurred in governin9 the Charity's assets. primarity assouated with conslitutional and slatulory TEquirernenis ol c4)erab'ng Ihe Chaiity. Support Costs are analy5ed more lulty wilh the basi% ol allocation detaikd in note 7_ Coets of raisin9 funds compriJe rrti•ts incurred in voluntary rncome together with un¢Jertaking tradin9 a¢livilrs 111 Ilie bvbbitli¢lly LUThP¢lny lu waise funds ar%J Inujrrett In managirJ me cnartty's Invesunent ponroiio io genera a rewrn on Investrn¢nt. Retail Costs do ntsl include ary valuats.on ol ooods dDnatÉd lor resa. and no stotk i& rwni$Ad ttn Iho balance S981 rglating to donatod good$. as miled by Ihe SORP FRS 102. Grants Payab are payments tnode to Fundalitr FARA iii itiv fuillieTdnCE uf Ihe charilabfe Dbjects uf Ihe chanry. 51ngle or mullFyear grants are accounw for wn eiiher the reCieI nas a reasonaDie ex¢tatn that they will re1ve a grant and the trustee5 have agleed lo pay Ihe grant ythoUt condition. or the CIpIent has a reasonable expectaiton that they will rgceNe a oranl and any condition attachw¥) lo the oranl is jtde of the control of the charify. Funds Unrestricted (G8ra1) FuThl$ repent ge[al twtves of aKumulated unresttKled 5urpluse5 and deficits after tiansfers belween fun(Js. 11 such lunds have beerj specthGalty earnarfced lor a part'eular projèct er usè by the Trustees. Ihe funds are denoted as Desvjnated Fur¥J5. Restricted funds are set asxlè aThY usèd in atrA7rdanrE with the conditions stspulaw by the dorw)r. At ffjportirrfJ date, the charity held no resth"¢ted funds. Taxation The company is a chanty wilhin Ihe meaning ol Part 1 of Schedule 6 lo Ihe Finance Ad 2010. Accordingly the ¢hanty is polenb.ally exempt from laxab.on tn respect of income or caprtal gains wthin cat•goTS covèred by Chapter 3 of Part 11 ol the Corporatvjn Tax kl 2010 0¥ Section 256 of the Taxabon of chargeab Gains Act 1992, ID thÈ èxtent thal such income or gains are applied ex¢lusNety to charrtable purposes. No tax chatye afO$è in tho Ponods under revew. The subSlarIes. co$T#"0n tax ehar9es on profit on ordinary actMbe5 lor th8 y?ar amounted to En412023. £nill. IitecoveiableVAT Is£hargEd Io Ihe SlemeniOrFfnaMaIUW1es wnen Incurre(raThJ L8 i[U(led wffnin tne expenoiiure category to which il relates. Tax recovered from voluntary iTrc¢Ane reNed under Gth AKI ts fècrJnised when the related income is considered receniable and is allo¢ated to Ihe incoma category io which it relates. The subsidory company, FARA Ent¢rprises Limited. has a Deed of Covenant in place wilh the paTrt Charity to cobenant their annual profits to Ihe Charrty under Oift fufes. Pagè 21

FARA FOUNDATION (LIMITED 8YGUARAIITEEJ NOTES TO THE FINANCiAL STAT£MENTS For th8 Year Ended 31 Dernber 2024 ACCOLINTING POLICSES IContinu4d...) T¢iiiyiblv a15 Tangible fixed assets are sta1 athL%toneal c#)sl less the excepb.on offreehoK1 land and buildings whith s detailed telow. Tangble fyed assets are annualy lor wid1¢atS of any Impalmnt losses. Hi$torical cost in¢ludgs exp8nditurg that is dire¢lty attributablg lo bnngin9 th8 asset to the localicn and conditron necessary for il to be capable of operabrvj manner intend•J by maragwYEnl Depr8csath"on on assets held at costlgss tsprècth.on is ch8rged as to allxate Ihe cost of assels $8 their res81 value ¢)ver their eslmated Use twes. Oeweciatim ratÈs range as fouthvs".. Leasehdd land and buldirys Fithres and fitb.rys Motor vchicjcs eDsite Over ihe term oftr lease 33% on reducing balanc 26% ors reducing babnce StranI line over 3 years Thtt assRl%' rgskliTrAI usAful INÈS arKI d9riAti£ mÈll#)tt4 aré l.d and if apprtipriate are adjusted rf Ihefe 19 an ifidication of a signtheant ehange thè l#st reporb.ng date. Stocks Donated items of stock for resale or distributh)n are not in Ihe financi81 statements as perrnrtled by the SORP FRS 102_ Stock wrthin the balance sheet 1$ thal of ¢on$umabk$ held for di¥tributs"on at no c4n5ideralion or nominal con$iaeraiion ano nas Deen vaiuea & cosi as pemittka Dy me SORP FRS 102. Cash and cash 8quivalgnts Cash and short-¢eFm dep)5rts indu(lefl in the Statetn¢ni (rf finti[Kl Posiknn comprise cash in hand and short-temi eposits with an onginai maiunty of inrea mI)nu or SS. Curr•nl ass•t inwiskn•nl$ Currènl 466¢t in¥e•trn¢nts tompr#s of savings an otyinal tnalurity of mre Ihan the months bul tess than one year. Fix•d xs•t Inv•stm•nts InYe5tfnen15 are showrk al mathel value thefe readdy tnartet vakE. Vnb"5ted •har3, whero ther¢ is no readity hlenbfiable martet value, are corded alc05t or a nominal amwrrt. Inveslrrnts a valued al the Balance Sheet date so that when Tnvestments are soha. gains or 10sse5 which arose befo the PouS year end has alreaty ten cognised_ Movements in value arising from Investrnenl change5 or revaluatton. together wth profits on disposal of Inuesthents. have fen recOgne In th& Slatèment of Financial Acliwties. Forelgn GuncY transactFons The funclional cuffency of Ihe chanty Is Slerfing whth Is also the presenlabonal currency. Transactigns Invpfving foreign currenc9 ar& translated into slerlin9 equwalents using rntes of exchange prevaAing at the transaction dale. Assets and liabilrtt•s held in forolon ¢urren¢y al the balancè $10t date am valugd at th• iat• prgvaibn9 at that dale. DiffenCeS on exchaTrJe ale taken to the Slatetnenl of Fwwncial kilties. Pension c051s The group makes COntritIOrS into a recognised UK deffined conlribubon scheme. Contv#)ubo* payablè to the group's ppn4inn 4che.rnp. arp r.h2rgprt tn prnftt nr Ir$ in r.firt In Ihp.y rplxlg. nhlyAtinnq fnr mnlrihiJlinn4 In dgfinpd ¢ontribuO"on pension schwnes are rewnised as an expense in tIE profil and10$5 account in the periods dunng whith seryices art fendere(l ty emoYees. Operating l•a$8s Renta15 payable under operating leases where substanb.ally all ol the benefits and risks of nerShiP remain with the lessor are ¢harged to Ihe Staternont of Finonc4al on a Blrai9ht4ÈThe ba81$ pver the term of thè leaEe. The 99regale benefft of lease inc8nlives arB rpwnised as a r9{lU"9 to Ih8 expgnse I09ned over Ihe Igase IBrrn oll a strah3hl line basis. PwJ8 22

FARA FOUNDA Tiofl (LIMITED BY GUARAIUEEI NOTES TO THE FINANCWL STATEMENTS For the Year Ended 31 Decwnbvr 2024 ACCOUNTING POLICIES {CMtlnued...I Provlsrons lor dllapidetlon Fro510n$ represenithe rsiestsmaieolthe lk8bth.ty al thebalan sheet date of probab bJtUTe costs of restonng rented properties lo their rffjurred conditn al Ihe end ultimate èxpiry of the aSe, Lxlujlated by referenc to avera99 dilapidabong costs persquare foot for prop•rbes recentyvacated by Ihe 9roup. Expeclalion8 of discounted liabih'ties are sed al each peood end unb"I aclual 14ability arises. with any drfference accounted for in the penod in which the revtsion i% made. Debto Debtors rvvable wlthrn one year OT upon ernal are recorded at traTh5action pricè whether or not a rale of interest is charged on Ihe baLAn. Trade and otr debtors are wgnised at Ihe setlemenl amount due aftef any trade di$Unt offeTrd. Prepayments are valued al Ihe amount pr8pahl n81 ofany discounts duo. Ciedllw Creditors and provisions are recognised Whe the chanty has a present obligation resulting from a past èv8nl that will probably result in the transfer of lund& tu X Ihird party and thg arnount due to ttl• th• oblvJation can be measured or estimatsd reliabty. Cr¢dilois and prowl5i0r within one yearor upon demand are noalty recogntsed at their Settlement amount aliw all¢iwir¥J for any trade discounts ilue. Financial inslrumonts The charty onty has financral assets afKI financial liablites of a kirvl that qvalify a5 basic ffinanctal instrumenis. Basic riii¢lll¥ldl insliumEnts aTe Iniiialty rec(yJntseo ai irark4auon value and $ubsequenlty meas4fTed al Ilir setuemenl value th Ihe excepts.on of bank loans Wh are subsentIY 3sred al amorbsed cost usiffj Éff@cthvp. Inte1 rnelhod. LEGAL STATUS or TIIC CHARITY The cnafiry Is a company Imite(I by guarantee and has no share capital. In the event of charity beirkj wound up. the liability in respecl (tl the guarantee is limited to £10 pei mÈrnber of rthArity RETAIL ACTIVITIES IN GENERATINO FUNDS 2024 FARA FARA Ent¢rprlso$ Total 2024 FoulalIan Retail Income (shop saksl R&tsil expendituro Ish coslsl Support ¢osts 7.561.265 15.885 8861 19,6031 11,Q02.925 110.432.2051 115,2311 14.566.319) 15.6281 Nèl lunds genelated Imm retail athIAt$ 1140,287} 1,685.776 1.54S,489 2023 FARA Foundatlon FARA Enterprfs•s Total 2023 Retail inwme15hop sa*sl Retail expenditure Ishop casts) Support cwt$ 5.219.763 15.126.071) 15.5641 7.144.356 14.372.S491 (7,6151 12.364.119 19.498.6201 113.1791 Nel lun¢Js generated from retsd aclm.bes 127.861 2.806,757 2.934,619 Retail income includes donabons Irom supporter5 and the Grfl "d which has been daimed from the wocÈÈds aii5iTrg on the salè of the donor's goods Ihrough Ihe shops of FARA Enterprises Linited. Page 23

FAAA FOUNDATION ILIMITED BY GUARANTEEI NOTES TO THE FINANCIAL STATEMENTS Fort Yéar Ertd 31 DOCnhr 2024 INVESTMENT INCQhlE Total 2024 Totsl 2023 Income from listed investrnents Ireinlrtstedl Int¢ro$l trsyn cash hgkl 221.499 215.709 185.714 101.662 Total investrnent inC£e 437.208 287.376 GRANTS PAYABLE The charity is a granl-making organisalion. a5 mofe fulty ouifined in the Tru5tees' Report. Grants payable lo Fur¥Jakn'a FARA In accordance wrfh the chariW$ 9rant-makifig p¢tlicy as foll¥5 during Ihe year.. ?A ?023 Chikl. youth and wJult care 2.086,460 2.382.850 Total 9rants payable 2.1)88.460 2,382.850 ANALY81$ OF EXPENDmiRE ON CHAf41TABLE ACTfVITIES 2024 Grant funding Suppttrt Total rants paya9 Child, youth and soual ca 2.086,460 193,471 2.279,931 Total expenditur¢ on tharitable 2.OB6.460 193.471 2,279,931 2023 Gv¥nt lunding Support Costs Totsl Grants Payablè Chikl. youth and social care 2.382.850 297.507 2.680 357 Totsl éxFendilure on chanlatAe ac1m1$ 2.382.850 297.507 2.680.357 Page 24

FARA FOUNK>ATION ILIMITEO BY GUARANTEEI MOTES TO THE FIMANCiAL STATEAIEMTS For thp Year Ended 31 Decembet 2024 ANALYSIS OF SLIPPORT COSTS 2024 Depreci atlon 8 loss on dlsposal crity admlb) Charfty staff costs Gov•mv ance Fine• ¢ost$ Total Grants Payable= Cthild, youth and SO#1 car& Raising funds: Shops, costs 31.443 152.994 8.298 12.311) 3.047 193.471 15.231 15.231 Totsl 31.443 152.994 23.329 12.3111 3,047 2UB,702 2023 08preci- atlon & 1055 on dlsposal Chafity admin Charity staff costs Govem ance Financ• Total Grants Payabl¢- Child, youth and social ca Raising fund&.' Shops, Go516 39.312 186.993 25.771 8,889 36,536 297.507 13,179 13,179 Total 39.312 1B6.999 38,050 8.889 ,$36 310,686 Support ¢osls are ¢harity heal Offi eosts whth are allocated as lollows". Support costs Gharfty aamin Charity $18ff costs riovernanc Fin8nrE DepreciaTh)n AIIoGativn Allocated on cost wilhin FARA Foundalh Allocated on cost wilhin FARA Foundation Allocatod on co$t wiihin FARA Foundab"on and FAR4 Cnterpri•es vn c051 wthin FARA Founaaiion Allocaled on $¢ within FARA Foundat'on Governance costs includ8 2udil and attovnlancy fee& of £21.27812023.. £24.9021 legal lee$ of £2,25112023". £14,(M81. EXPENDITURE Tolal rnsource5 expende(I for the year 15 $taied after chaigry. Total 2024 Total 2023 Operalitsg lease renta15 Iland and buibj1rI Depreciation Charge5 for the yeai Auditor's remuneration Non-audit rmlanL gerv*$ 1,687,159 58.931 14 574 6.704 1,727,919 84.058 15.812 9.090 1.767.368 1.836.879 Page 25

FARA FOLINDATION IUMITED BY GUARANTEEI NOTES TO THE FINANCk4L 8TATEMENTS For Year Ended 31 tiecernber 2024 STAFF AND TRUSTEE INFORMATION 2024 FARA Foundation FARA Enterprises T¢)iai ZOZ4 Stafl ¢ts Salaries Social se¢unty PensN)ns 123,895 14.482 9.426 6,151.162 531,472 126.389 6.275.057 545.954 135,815 Totsl 147,a03 6.809.023 6,956,826 2023 FARA Foundation FARA Ente11 Total 1023 Stsff Gosts 34Jldll¥b Soual security Pensions 107.fj35 11.798 2.278 .598,622 474,095 121.328 S,706,257 485,893 123.6C6 Totsi 121.710 6,194,046 8,315,758 The 8ver89e Thumbor tsf otoff •mPloy undor eonltaek ol gorvin duriDg the perifyj for FAPA Ent•rpriw LinitÈd wag 280 12023." 2791, The numbcr of staff employed for FARA Found)1fi ILuniW by GuatantèelwaÉ 212023.. 21. Th@ number ol employeès whosÈ ÈmpkiyÈÈ bÉnth lexcknlino 8mpknyer pensb)n costsl exceeded £60.000 was". 2024 2023 £60.001- £70,0 £70.001 _ £80.otwJ EUO.001 - £90,000 ¥o.wi - tiuu.uuu Totsl During me penod expenses rotsiiing £3.103 were TeimDursed io three Tw51ees 12023". £2.COS io MI TtUS¢51 in to tiavel ry)sts to Komania ano Offi expemiiure. No remunerau.on was P8KJ th ihe T$e$ in ihe perio(J. The key management personnel of Ihe parent ¢harity Comprise Ihe Tnjstees a1 Ihe ChEf ExevJlNe OlfKer. The total empK)yee benefits of the Chanty's key managernent petsonrl We £94.86012023. £94,111). The key managemeftt personnel of the group ¢¢xnprise those ol the parent chanty and the key Mafiagent rSOnnel of Its wholty owned $ui>sidiary, FARA EnterpTLses Limrted. The key management personnel of FARA Entewnses Limited are tfie execultse and norpexecutive DirectOTS wh05e employee benefits total £434.90912023". £329.0381. The ernployee nefits of key managernent personnel for the group were thereforè £529.76Q12023. É423.1491. Page 26

FARA FOUNDATION ILIMIIED B Y GUARANTEEI NnTFS TO THE FIWCIAL STATÉMENTS For the Ye•r Ended 31 2024 10. TANGIBLE FIXED ASss rROUP 2024 Freehold land atNI bulldl Leasehold land and buildings Flxtures and ffttings Motor v•hlc19S Website Totsl Cogt or valuatlon At 1 January 2024 Addibons Disposa15 Revaluation 82.540 38.104 110.3111 1.141.263 63.875 1203.7191 22.960 1,313.229 101.979 1214,0301 At 31 Decenknr 2024 110.333 1.(KJ1419 66.466 1,201.178 D0precIaan At l January 2024 Charge for tThe year Eliminated on disposal 86.241 7.764 .407 50.401 19.895 766 1,115,lJ)9 58.931 16.547) 1169.887} 1176,4341 At 31 December 2024 67,458 842,921 20,661 66.4E6 997.5( Not bts)k valt At 31 Decentsf 2024 42.875 158.498 2.299 203,672 At 31 Oecen 2023 16.29Q 178,8S8 3.065 198.220 qhort leasehokl assets hekl by th• par•nt chaisty havè # net book value of £5.65212023. C12.4631. These w¢re aGquired at a cost of £27.802, and brought ac¢L¥nukled dep¥¢wlion ofE1J.339. arKJ (pall9n ol £3,047 wa5 har9ed durin9 the year. Vvebsrte assets own&J by the parent charity were acqui at a c1 nff F49.709 and had broughl Folward ac¢umuL2lod deoreciab.on of £49.709 wrth deprp.CL¥tinn hf fnil chag@d durrng Ihe year. l•aviry a carrying valuè of £nil in the b¢ok5 of the parp.nt r.hxrity al the y83r @Nd. FIXED ASSEf INVESTMEPUS GROUP Unli$ted In¥gstffl8nts Llsted Invt5tmBnts 2024 Total 2024 Total 2023 2024 MARKET VALUE As al l January 2024 Purchase of investmenls at cost Income reinvested Disposèl of investments et investment 93iDlllossesl 578.196 6.21S,851 6,794.047 5.322,217 1.124,818 185.714 118.8841 180.182 221.499 126.7041 f$7.472 221,499 1604,9001 157.472 I578.1) A% at 31 December 2034 6.568.118 6.568.118 6,794.047 Listed inveslments incknje Ovea$ invesbnents of£2.077.53512023'. £2.197.5201. No sharehohlbrxjs of over 5% were held by FARA Foundation in any one company vMc*e Sha a InGluded In above portfolio. The cash reserves ol thè Charity conltnue to bè consxlered an integral part of the chatty'5 overall inYeslm8nt porttolio and the Trustees keèp the Investmenl polw undef regular ¥ to ènsure Ihe eqwty invèstments not fjeed to be éncash&Y in ihe short tern. P&Je 27

FARA FOUNDATION {IIMrrED BY GUARANTEEI NOTES TO THE FINANCIAL STATEMENTS Forthe Year Ended 31 Dmber 2024 FIXED ASSET INVESTMENTS (continu...> CHARITY Unlisl8d Investments 2024 Li51ed Investments 2024 Total 2023 2024 MARKET VALUE As ai 1 January 2024 Purchase of VestMents at cost Income reinve$ted Disposal of Investments Reversal ol impainnenl In Inve5trnents Nel inve$tmÈnt gainllbssesl 663.198 6,215,851 6,879,049 5,370.791 1.124.817 185.714 118,8841 36,429 180.182 221,499 126.7041 221.499 1604,9021 {578,1981 157,472 157.472 A5 ai 31 Dernbel 2024 0,653,118 G.679.049 The ¢ompany'? invvalments 01 Ihc bal¢ sPet date in the Sha ¢8pit?l of wmpaniew includè thè following. The Chanty owns 100% of Ihe 5.0001z(r23". 5.U(K)i tssueii oroinary snares of FARA Enkrpn5e5 Lmiw. a company incorporated on 16 Marth 1992 (number 026974671. The prinopal aclivity of this company is tho sak of donad gc)ds through a chain of Charity shops for purpose of makin9 charitsble donation5 to FthA FourtlalK)n {Limited by Guarants81- The company's nèt assets as at 31 December 2024 8mount to E14,S11 12023.. £14.5111. 12. DEBTORS Group 2024 Group ZDZJ Gharlty AU23 2024 Arnounts falling dutt within one yèar: Trade dEblor5 Other debtors and prepayments Amounts ed by gmup undertakings 5,803 1.103.574 629.739 934.137 072.lJ¥J 142.948 1.109.377 029.739 962,873 955 831 Amounts fallin9 due aftèr one year. Rental tyeposits 7.884 43,824 43.824 7.684 7.684 43.824 43.824 Al Ihe balance sheet date FARA Enterprises Limited was o*d £43.255 by Ihe Charity. In 2023 FARA Enterprises Limited owed the Chaiity £142.948. 13. CURRENT ASSET INVESTMENTS Charity 2024 Group 2023 Charlty 2023 2024 Deposit accoun15 3,665,384 3.665.384 1.934.333 1,934.333 3.665.384 3.665.384 1.934.333 1.934.333 Page 28

FARA FOUNDATION MITED BY GUARANTEE} NOTES TO THE FINANCIAL STATEMENTS FDr tho Year End•d 31 Doc•mber 2024 14. CftEOITORS Group 2024 Charity 2024 Group 202J Charity 2023 Amounts falllng due wlihin one year.. Trade credilo¥s Taxation and social sscurty Other u¢dilots and acuuafs Amounts owed to group underlakings 122.171 127,789 774.440 181.632 118,646 183.056 22.842 43.255 30.652 424.4 68,097 483 334 30.652 15. ENSION COMMITMENTS Al Ihe balanre stteei date. unpaid Fension nrtrOn$ FJWI Enterprises Luniled Ounted to £25,832 12023.. £23,747). Ths amount £ FrKJuded in otheruedrtor5. 16. PROVISIONS Group 2024 Charlty 2024 Group Charlty 2023 2023 As at 1 January 2024 Arising in the year 689,228 189,305 379.925 111.333 725.352 136.1241 282.923 116.992 As ai 31 December 21Jd4 878,533 491.258 689,228 379.925 Prov¢ions are for dAapidoli9 arisin9 where pioperty leases oblKJe group to wv¢i UIE fL151 of rEs¢oring fetsii an office propertts to their or¥Jinal ¢wdrtion when endiiiy Ili 9SGupation as those lease5 [mInatr. 17. ANALYSIS OF GROUP CHARITABLE FUNDS 2QZ4 At1 January 2024 Transf¢rs A¢31 Oecember 2Q24 Incomlng Outgoln9 resouiGE5 GaiR5 1055e5 funa$ Vnrestrlct8d funds Designated fvnds Ggneial hJTrJ5 9.889.749 1.876.136 1898.3411 898.341 8,991,408 2,629.740 12.457.682 112.757.0831 154.664 11.765.885 12,457.682 112,757,083 154.e64 17.621,148 2023 At1 January 2023 Transfers betweèn funds Al31 December 2023 Incomir resour¢•s Ouigoing Gains and losses Unrestrtcted funds Designaied fvno$ Gengral fvnds 9,398.711 1.717.597 491.038 1491.0381 9,889.749 1.876,136 12.676.775 112.21 1.1]401 183.842 11,116.308 12.676.7r5 112,211,040) IB3,842 11,765.88S Page 29

FARA FOUNDATION IUMITED 8Y GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS For the Year EnU80 31 ¥M0T 2024 17. ANALYSIS OF CROUP CHAPJTABLE FIJNDS 4C¢nlinwl...I Designa¢8a fun05 wreseni unresirtcted lun¢Js that have bgen 3NoGate(J at ihe TTU51Ees' d(1 lui yaitiLular purposes. The designaied iunfjs Inuuae yèats grnni fvntting basea on Funllaua FAPA 2024 annual net budget equalling £7.fj66.007 ¥ well as £1.325,401 to lund ts Z Mne6 Lrt& tor Tour years twona me curre thiee-year funding cyde. l assets and li81.S relate solely to unrestsicied tU4KIs. 18. LEASING AGREEMENTS Minimum kase payments under rcan1bte opefab.ng l&ises fal due as follows.. Gro 2Q24 Charfty ZQZ4 Group 4U4J Chaiity 2023 Ihin one year Between one an¢J years After more than fwe years 1.505.360 3.588.685 461.792 1.01S.622 2.465.964 460.458 1,599,798 3.378,477 758.5 1,035,098 2.951.511 758,%KI 5.555.837 3.942.04 5,736,775 4.745,109 19. TRAOING SUB$IDIARIES The Charity own5 100% of the 5.00012023.. 5.0001 issu&1 ordinary 5hawès ofFARA Ente$ Lrnited. a c4wllpany inrporated on 16 March 1992 Inumber026974671. Tho principal a¢tMty of this eompany 1$ the salo of donat•d gotsd IhmwJh a thain of Charity shops for IhÉ Pt19 of donaling its profrts to FfvRA Foundsthoft. The Ghanty also owned ILNJ% ot the 2 oroinary snares ol FAJ(A ProperDes Lwnlle(I Inumrr 035428251. a cornpany incorporated on 2 nI 1998 and drs50fved ¢)n 26 No¥emb&r 2024. Thc assets. liabililie$ and trading reÈultÉ ol FARA Ente11866 Limite(l and FAJiA Proporbes Lwniled are proved bÈlow" 2024 FARA Propertlo8 Liwnited IDtssol¥edl FA Enterprlses Ufflited Total 2024 Ass&ts and liabilitiès Tangibk fixed assets Debtors Cash at bank and in haThJ Cre<Sitors" Amounts falkng due within year Amounts falllng due after one year ProVlon fof lia"1e$ Net assets 198,018 522,894 82.432 198.018 522,894 82.432 1401.5581 401,5581 387.274 14.512 387,274 14.512 Capltal and reserves CaNÈd up share caprtal Other roserv8s Relained eamings N8t asseis 5,000 9.511 14,511 9,511 Page 30

FARA FOUNDATION IUMITED BY GUARANTEE} NOTES TO THE FINANCIAL STATEMENTS For tht Year Endèd 31 D•t•mhpr 2& 19. TPADING 8UBSIDIARIES {Gontlnugd... 2024 FARA pro)rtIo8 LSmlt•d {Dlssolved} FARA Entorprls68 Limi¢gd Total 2024 Trading resulis Tumover Other incorne Total itTcomirva sOUrceS Cost of sales Adrninistratson a1 ov8rhead$ Revaluation of inve$tmeTrt property Net incoming resoui Donation to FARA Foundation Net movemgnt in shoreholders. funds 10.863.519 112,318 10.975.837 19.286.265) 19.7691 10.863,519 112318 10,975.837 19.286 2651 111.4691 (1.700 11.7LIOI 1.679.803 1699.341 19.538 7,678 103 1699 341 21.238 1.700 2023 FARA Propertles Llrniie(I FARA Enterpr15es Limitea Total 2023 Assets and lÉatiilities Tn9iblg fu¢gd assot8 Deblo Lash at bank m hand Creditors. Ampunts fal&n9 duo within yeer AtriDunts falfiny due after one year Piovision for lthililies Net asso 185.757 497.9 234,081 185,7a7 4YI.YVb 234.081 (1.7001 1593,930 1595.8301 309.303 14,511 309.303 1.700 Gapltal and reserves Called up share p1181 Other r@s@Nog R¢tined earnin9S Nei assets 5.(MlO 1,702 1,700 9,511 7,$09 2023 FARA Properties Llmll•d FARA Enterprise5 Limited Total Trading re5uIIs Tumover Other incorne Total incoming resour$ Cost of sales Adrninislration and overhead5 RevalualKJn of investn*nt property Nel incom¢n9 resources Donation to FARA Foundabon Nel movement in sharehddw5' funds 16.650 11.069,12fj 95.463 11,164.589 8.421,519 116,8211 11,085.776 95,463 11.181,239 8.421,519 163.7931 f6.$50 146.9721 130.3221 19,569.287 2.759.890 lfi Rno 3Q7 19.538.965 (2 759,890)_ 16.779.075 30.322 Page 31

FARA FOUNDATION (UMrrED BY GUARANTEEI ' MOTES TO THE HNANCIAL STATEhlENTS For the Year Endea 31 Decembg12024 20. CONTINGENT LIABIUTtES AND CAPITAL COMMITMENTS Al 31 Dec£rnber 2024 and 31 Dei*mD812023 Ihere were no ojnlngeni Nabllups or rAWal corTwnilwnEnL5 aiibiThJ for the group. 21. RELATED PARf¢ TRANSACTIONS During the yeai. FARA Enterprises LThnited made transfer5 under Grfld of thÈir tr&lirYJ profits amounting io £1,699.341 12023." £2.759.8901 FAIW Prope$ Limited dwj not make any transfers under Grft AKI In yèar eTrYed 31 Decembèr 202412023" £nill. and was di53d¥8Y on 26 November 2024. Costs Fgcharged by FARA EnteliSeS Limrted for#E ol tharity SIK> in connecbon wilh the Relail Gift d Scheme amounted to £3.420,37912023.' £4.026,7641. Ai the reporting date, the charty amounts to its subsidk4ry ertakIng5. the detsits of wttich are r8POrted more ftjlty in note 12. During tt)e year Mrs J Nichdson. the founder and fOrnr tIL&%tee ol FAIW Fouftdan lkn"mitsd by Guarafiteel rgceived ienl lotalling L i.oiol j20i3. £ 1,2 ivj. iLtril laf IS nwlN61 rak. Dunng the penod expenses totsllin9 É7.21012023". £1.fi111 were fèimbuTsed to th[20?3.. 0) key management personnel, who wete not swv¥yJ as Trustees. in relation lo travel costs lo Romanrd. 22. DISSOLUTION OF SU8SIDIARY During th¢ year, FARA Properties Lmiled wa3 di?•olved. In the parent cntity thi3 was treated 83 8 dr&poael of o 5ub¥idioiy. NFt ¢VFitsid¥T0ln rt£tsJnistrJ on compkIn of Ihe di5PQsal was Entl. No cash or tash equivon1• were neld In the subsiaiary al Ihe Df dr65(Autsun. al the 5ubsidioiieb r1 IK4bilibEi dl drJl¥ vfditssolulion was iii.iuui. Ine InveSent In Ihe 5ubSKliary was £2 thetefore In a nei105s on dt5P0531 of £1.7Q2 recognised in the parenys accounts. Page 32

OpenCharities

2024-12-31-accounts

£s¢ei¥t•d h#Jh_nsk, over a &to-7(Ly¢aT brne horizon. This ss undcrpinned by th¢ Judgement Ihel the chanty would be unlik*ly