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2024-12-31-accounts

Docusign Envelope ID.. 8970D21 ￿c7FF4FFs.A9c2.BS8E2062SF05 Charity registration number.. 1178778 Aghosh UK Annual Report and Financial Statements for the Year Ended 31 December 2024

Docusign Envelope ID.. 8970D21 ￿c7FF4FFs.A9c2.BS8E2062SF05 Aghosh UK Contents Reference and Administrative Details Trustees, Report 2to9 Siatemeni of Trustees, Responsibilities 10 Independet)t Auditors, Report 11 to 13 Statement of Financial Activities 14 Balance Sheet 15 Cash Flow Siatement 16 Notes to the Financial Statements 17to25

Docusign Envelope ID.. 8970D21 ￿c7FF4FFs.A9c2.BS8E2062SF05 Aghosh UK Reference and Administrative Details Trustees Dr Adeel Riaz Muhamtnad Luqinaii Usama Ayoub Farid ud Din Lodhi Dr Muhainmad Najeeb Azam Sajida Naheed Senior Management Team Khawaja Abid Mehmood. CEO Principal Office 254A Bury New Road Whitefield MANCHESTER M45 8QN Charity Registration Number 1178778 Bankers Barclay5 Leicester LE87 2BB Auditor Shareef Statutory Auditors 4 Highlands Court Cranmore Avenue Solihull West Midlands B90 4LE Page I

Docusign Envelope ID.. 8970D21 ￿c7FF4FFs.A9c2.BS8E2062SF05 Aghosh UK Trustee5' Report The triisttes present tl)t annual report together with the financial statemei)ts and auditors, report of the charity for the year ended i l December 2024. Objective5 and activitie5 OlJje¢ts a) the prevention or reliet of wverty or fjnancial hardship in Pakistan, specifically Azad Jammu and I(ashmir and also anywhere in the world: b) the relief and assistance of persons who are the victims tsf war or natural or other kinds of disaster. trouble, or Catastrophe; c) for the public benefit 10 promote and advance the education (including social and physical training) in such ways as the charity trustees think fit: d) the relief of sickness and the preservation of health in Pakistan. specifically Azad Jammu and Kashmir and in any part of the world. e) the advancement of such other purposes as are exclusively charitable in England and Wales as the trustees shall determine in their sole discretion. OUR MISSION We aim to serve hu￿aDitY without discriminatioii by religion, fdce, caste, sect, lan¥ua¥e, or political affiliation. We are dedicated to providing emer¥ency humanitarian relief and support clt times of crisis. We help victitns of anmade and natural disasters to rebuild their lives and livelihood5, and ieinforce tlieir resilieiice for a better future. We are coinmitted to improving the lives of some of the world's poorest and vulnerable people. especially orphans, street children, widows and the disadvantaged through our relief efforts and sustainable development projects. Our goal is that everyone should have access 10 life's essentials, including clean water, accessible healthcare, and educaiion to live a life of dignity with hope for a brighter future. Page 2

Docusign Envelope ID.. 8970D21 ￿c7FF4FFs.A9c2.BS8E2062SF05 Aghosh UK Trustee5' Report Fundruising disclosures The charity is regisiered with the Fundraising Regulator and follows the principles set out in the Code of Fundraising Practice. The trustees are committed to ensuring that all fundraising activities are conducted in a legal, open, honest, and respectfvl manner. The charity raises funds through voluntarv donations from individuals, commiinity fundraising, online and digital campaigns, corporate partncrships, [￿d institutional grants. During the year, the charity did not engage any professional fundraisinuj aujencies OT commercial participators, nor did it subcontract any fundraising activities to third parties. All fundraising wa5 carried out directly by the charity's einployee5 and volunteer5. The charitv has appropriate intemal contro15 and monitoriii¥ 5yStem5 in place to oversee its fiiiidrai5lll¥7 activitie5 and to ensure cotnpliance with relevaiit legFi51ation, incliiding data protection and safegFuardingT regulations. The trLiStees take 5tep5 to protect the public, including vulnerable iiidividuals, from unrea50iiable intrusion, persistent approaches, or uiidue pressure to ¥ive. The charity received no Complaints relating to its fundraising activities during the financial year ended 31 March 2025. The tnjstees are grateful to all donors and supporters for their continued generosity and trust in the charity's work. Puhlic benefil The section of this report below entitled 'obje¢tives and activities, sets out the objects and aims of the charity. The trustees have c0115idered this, in coiijunctioii witli the ¥uidance contained in tl)e Charity Cvmmission'5 ¥eiieral guidance on public benefit, and have coi)¢luded that.. the aims of the charity continue to be charitable: the work done by the charity gives identifiable benefits to the charitsble sectlir and Lx)ih directly and indirectly tLI individuals in need; the benefiis are for the public. not unreasonably restricted in any way; there is no deiriment or harm arising from the aims or activities. The trustees confinn that they have complied with the requirements of Section 17 of the Charities Act 2011 to have due Tegard to the public benefit guidan¢e published by the Charity Coinmission for England and Wales. Gr4nl mukingpolicies The charity makes grants to overseas partner organisations to deliver projerts aligned with its Charitable objectives. Partners are selected following a robust due diligence process, and fornial funding agreements with agreed budgets are put in place. PayTnent5 are made against approved budgets and supporting documentation, and rants are monitored to ensure funds are used appropriately aiid achieve the intended outcomes. Use volunleers Aghosh UK also has teams of SUPCTb regional volunteeTS who are dedicgted to supporting our events and ￿'Ork. Each volunteer is required to complete a form on the Aghosh websiie. The registered volunteers are then engaged in the regional activities. Page 3

Docusign Envelope ID.. 8970D21 ￿c7FF4FFs.A9c2.BS8E2062SF05 Aghosh UK Trustee5' Report Achievements and performance During 2024, Aghosh UK significantly expanded its humanitsrian and development work, delivering life-saving assistance. education, healthcare, and clean water to vulnerable communities in Gaza. Sudan, Pakistan. and TLlrkiye. "2024 wu.¥ ayeuv ofcompas.sioK IK ¢JclioK- 1rartsfopm1￿ggQ￿e*0.$l1Jj iKlo l(3Kgible impa¢tfov thotssL7nd.i offamilie.y IK ￿e¢d. HumaDltarian and EmergeDCy Re5POllse Gaza Emergency Relief Througliout the year, AbFhosh UK responded tirelessly to the oJ)going huinanitarian crisis in Gaza. Tlie charity organised niiinerous fuiidraisii)fT and awareness events across the UK, featuring medical professiona15 and humanitarian experts who shared first-hand accounts from Gaza. With the support of donorg and pattners, Aghosh UK delivered.. 26,017+ hot meals, 6.252+ food packs, and clean water to displaced families. 3 ICU ambulances and 3,300+ medical supply kit5 to hospitals treating the injured. 17,000+ cans of bab! milk for infants suffering malnutrition. 4,800 Ramadan food packs, 3,152 kg of fresh Qurbani meat, Eid gifts for children, and shelters and blankets for displaced families. Began construction of the Hope Slielter Village, to provide Safe housing, hygiene facilitie5, and leaTning spaces for childreii (completion due early 2025). "In u lime c)finiRry¥us¥ hurd5.hip. Aghutsh UA brvughi r¥li¥f. dignity. undhopv (FUZU S musi vulnerublvfunsilies. Sudan Malnutrition Response In response to severe food insecurity and child malnutrition caused by the civil conflict in Sudan.. 500 malnourished children were screened, treated, and supponed in South Kordofan and Blue Nile regions. 30,000 Iiot, nutritious meals were provided alongside hygiene. health, and psychosocial 5UPPOrt. A measurable decline in severe malnuiriiion cases was recorded following intervention. Development and Welfare Programmes Orphan Care and Aghosh Home5 Aghosh UK continued to support orphans through irs Orphan Care Programme {OCP) and Aghosh Homes network.. 551 orphans 5UPPOrted through comprehensive spon50rship5, ¢overing education, nutrition, health¢are, and wcllbeing. Con5tructitsn of the Aghosh Home it) Buner (capacity for 200 orphans) neared completion, with inauguration scheduled lor early 2025. Essential renovations were completed at Aghosh Home in Hala. and facilities were improved at Aghosh Home in Gaziantep, Ttsrkiye, supporting children orphaned by the 2023 earthquakes. Page 4

Docusign Envelope ID.. 8970D21 ￿c7FF4FFs.A9c2.BS8E2062SF05 Aghosh UK Trustee5' Report "OiirAghosh Homes pi'ovide ￿ofJ￿1 shelter, b￿¢ l(Imity, stability,, afr7d thefoundations}or a brighierfuthre. Child Protection and Education T￿0 new Child Protection Centres were established in Rahiin Yar Khan and Sheikhupura, each 5UPPOrting around 40 street children with education, nutrition, healthcare, and psych050cial rehabilitation. A new Vocational Skills Centi'e opened in Muzaffarabad, empowering single mothers and young women through sewing and If training. Continued provision of Alfalgh Scholarships, enabling talented students from disadvantaged backgrounds to ¢omplet¢ higher education. 'Through education andsk£lls, .4ghosh UK is breL7kiRg the g.cle o}povertyfor the na¥lgeneralion. Healthcare Access Diagn05ti¢ Centre, Mirpur IAJK) The i)ew Aghosh UK Diagnostic Centre was inaugurated in July 2024 and quickly became a vital community health resource. Provided diagnostic and outpatient services 10 6,200+ patients within its first few months. Service5 include radiology, pathology, maternal health, blood testing, and pharn]acy facilitie5. Mobile Health Units T￿0 Mobile Health Units operating in Larkana and Latifabad, Sindh, treated over 64,000 pglients throughout the year. Service5 included ultra50und Sckms, laboratory tt5ting. InateTnal and child health clinics, k)nd free edication. "ActieJ.sibl¥ heulihcure reached ihose who Needed li mosi commiinilies. fr(pm cily 6iieeis io ihe mosi remoie rural Clean Water Projects Access to clean and safe drinking water remained a key priority.. Instslled I g new water facilities across Pakistan, including I I wells, 6 hand pumps, and 2 sOlar-po￿'ered submersible pumps. Over 10,700 people gained acce5S to safe, 5UStait)able water sources. Seasonal and Community Support Rarngdan and Eid Distributed 610 R￿llada￿ food packs, 1,400 iftar mea15, and 600+ Eid gifts in Pakistan. Delivered 4,800 food parcels to fasting families in Gaza during Ramadan. Disthbuted PKR 612,150 fitrana to the poor and needy. Qurbani Cultural Outreach Perfom)ed Qurbani in both Pakistan and Gaza, reaching 2,409 families with fresh meat. Shared seasonal aid with 400 Hindu faTnilies at Diwali and 200 Christian faTnilies at Christtna5. Page 5

Docusign Envelope ID.. 8970D21 ￿c7FF4FFs.A9c2.BS8E2062SF05 Aghosh UK Trustee5' Report "Oiir seL7soNalprogramme5 5preadnour£shmcnt, joy and unity acros5 communitlES Ot'allfulths. Winter Relief Distributed 400 winter kits to oiphans and street childreii during the cold season. Delivered 100 additional W1n￿r packs to vulnerable families in Gilgit Balrisian. 'IVarmih. c()tsif()ri and tiure- small aLiS ihai brirtg hope ihrough ihe hur6he61 monihs. Engagement, Partnerships and Field Vi51ts HoS￿d fundraising events across the UK in partnership with mosques and community organisations, with outstanding public support. Tru%tees and rcprc8entatives undcrtaok field visits to Gaza, Egypt, and Pakistan, monitoring ongoing PToject% and inallgiirating new facilities. Strengthened operational partnership with Alkhidmat Foundation PakisL4n. ensuring efficient, transparent, and accountable delivery. "Every viJil, prujeLI, every purfRierJhip reuffirmvd (Jur miJJiun - Iv Jvrvv humunio, Wh¢r￿¥r fhe n¥vd is gr¥ul¢Jf. ljnpact Sujnmary In 2024, Aghosh UK". Delivered emergency aid to tens of thousands in Gaza and Sudan. Expanded Child protectiotl, orphan care and education acr055 Pakistan. Improved healtheare access for over 70,000 patients. Provided clean water for more than 10,700 people. Strengthened partner5hip5, transparency, and doiior en¥a¥ement across the UK. "From ¢risiJ rvtspuns¥ lu lung-l¥i-m ¥pnp(iTrv¥rin¥nl. 2J24 uy¥ur TrFhvr¥ c(pmpussiun Lr¥uiedlusiing Lhunge. Financial review During the year, Aghosh UK raised £1.9m12023.. £1.6ml, an ii)crease of 18.70/0. The increase in income came Inainly from the Gaza campaign. raising funds for food £604k and inedical relief £713k. The charity 5peiit £1.5Tn12023.. £0.97m) whicli includes £0.29m (202).. £0.14Tn) to raise more funds and £1.2m {2023." 0.84in) on charitable activities. Aghosli UK Spent tsver 630/0 {202i". 52Q/o) of income ot) charitable activitie5. The lar¥e5t cate¥ory of spend was emer¥ency £0.5m (2023.. £463m} and the food £0.35in {2023.. £0.05ml. The charity net movement in the year wa5 a 5urplu5 of £O.i9m (2023.. £0.63ni). The Charity closin¥ reserve5 stood £1.6m12023.. £1.2in). this includes general reserve5 of £184k12023.. £114k). Poliry on reserves The trustees believe that the eharity has sufficient cash in the bank and adequate fundraising plans in place to ensure the charity is able to meet its costs. Page 6

Docusign Envelope ID.. 8970D21 ￿c7FF4FFs.A9c2.BS8E2062SF05 Aghosh UK Trustee5' Report Plans for future periods Acllviliespl￿nNerf lo achieve uims Looking ahead, Aghosh UK will continue to.. Complete and inaugurate Aghosh Home Buner and Hope Shelter Villag¢, Gaza. Expand Child Protection Centres and healthcare access projects. Continue aid delivery in Gaza and other conflict-affected regions. Strengthen education and skills developTnent for women and )'outh. Enhance digital fundraising, donor engagFement and transparency. Structurej governance and management lure ofgoverning documeMI The charity is an Chgritable Incorporated Organisation, CIO - Foundation governed by a ¢onstitution dat¢d 13 June 2018 and regiSte￿d with the Charities Commission on the same date. Reeruliment tsrtdtsppoliirmerti ofirustees The trustees are appointed for an indefinite tenn in accordance with the charity's goveniing dociiment. Collectively, they bring a diverse range of professional experience and expertise spanning the fields of medicine, business, education, and commiinity development. Each trustee ha5 a strong iectsrd of public and voluntary service and has been actively involved iii community and humanitarian work piior to joining A¥h05h UK. Thi5 ctsmbination Of profe55ional and charitable experience enc1bles the Board to provide effective stiate¥ic ovet5ight, robust ¥overnance, and informed decision-making across all aieas of the charity's operatlOn5. The trustees are committed to upholding the highesi standards of integrity, accountability, and transparency, ensuring that Aghosh UK'S resources are managed responsibly and thai its activities continue to deliver meaningful impact for the beneficiaries it serves. Page 7

Docusign Envelope ID.. 8970D21 ￿c7FF4FFs.A9c2.BS8E2062SF05 Aghosh UK Trustee5' Report OrRUlliSationdlslruclure CEO.. Khawaja Abid Mehmood Abid Hussain Sajid Ramzan Executive Director.. Director South & London.. Trustees are le£ally responsible for the governance [￿d management of the charity. Trnstees are responsible of setting strategies and approving all policies. The Executive report to the Chaimian and attend trnstees meeting5 to PTovide feedback reports. Aghosh UK is ruli by a teatn of UK-based profe55ionals with strong personal connections to Paki5taii. In 2024, Agliosh UK'5 work cotjtinued to grow and our team expanded accordingly. lil November 2024, our new CEO Khawaja Abid Mehmood joined the AgFhosh UK team. Also in 2024, Mr Junaid Rahim and Mr Muhammad Yusuf Bashforth - also knoivn as the Two White Muslims - were appointed as Aghosh UK Ambassadors. Our Ambassadors have fjrst-hand experience of Aghosh UK'S projectg and they help to showcase our w'ork. We have established s stiong w'orking relationships with local mosques, cominunity organisations and charity partners in the sector. through regional supporters contributing ot our evenis and work. TOGETHER WE WORK TO FULFILL OUR MISSIONT Page 8

Docusign Envelope ID.. 8970D21 ￿c7FF4FFs.A9c2.BS8E2062SF05 Aghosh UK Trustee5' Report M￿jor risks alldmanugemenl of Ihose risks hlon6J, Laurfdei-irtg arfdFirtancial Mitsuse Given the ¢harity's interiiational operations and grant-making activities, there is a risk that funds could be exposed to misuse or diverted from their intended charitable pllry)ose The Charity applies a robust due diligence process before engaging with overseas partneTS, including verification of registiation, uFovernance, and financial controls. All LFrants are governed by formal auFreements and subject to financial reporting5 and audit requireinent5. Payments are made througFh reuiilated baiiking channels only, with strict adliereiice to anti-lnoney launderin& IAMLI and counter-terrori5t financing (CTFI regFulations. Staff aiid trLiStees receive training to maintain awareiiess of financial crime risks. Repulati0fr7al Risk As a grow'ing international organisation, the charity recognises that its reputation is vital to maintaining donor confidence and public trust. Adverse publicity orassociation with non-compliant partners could harm the charity's standing. The charity maintains clear policies on ethical conduct, communications, and partner relationships. All activities are revieived to ensure alignment with the charity's mission and values. Trustees oversee external engagement and communications to ensure transparency, accountability, and compliance with the Code of Fundraising Practice and Charity Commission guidance. The trustees regularly review the charity's risk register and ensure that systems and procedures are in place to identify, assess, and manage new and emerging risks gs the charity develop Disclosure of information to auditor Each trustee has iaken steps that they ought to have taken as a trustee in ol'der to make themselves aware of any relevant audit intomiation and to establish that the chariiy's auditor is aware ot thai information. The trustees confinn Ihai there is no relevani infomiation thai they knoiv of and of which ihey know the auditor is unaware. 29 October 2025 The annual report Wa5 approved by the trustees of the charity on .................... and Signed on it5 behalf by.. Dr Adeel Riaz Trustee Page 9

Docusign Envelope ID.. 8970D21 ￿c7FF4FFs.A9c2.BS8E2062SF05 Aghosh UK Statement of Truste¢s' Responsibilities The trustees are responsible for pieparing the tiustees, report and the financial statements in atcoidance witl) the United Kingdom Accounting Siandards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations. The law applicable to charities requires the Iriisiees to prepgre financial statements for each financial year which give a true and fair vie￿. of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statemenis, the trustees are required to.. select Sultable accountin¥ policies and then apply them ¢on5lStently", observe the methods and principles in the Charities SORP- make judgements and estimates that ar¢ reasonable and prudent; state ivheiher applicable accouiiting standards have been followed. subject to any material departures disclosed and explained in tl)e linancial statements,. and prepare the financial statements on the going concem basis unless it is inappropriate to presume thai the charity will continue in business. The trustees are responsible for keeping proper accouiitingy recoi'ds that di5c105e M'ith reasoiiable accuracy at any time the finaiicial position of the charity and enable them to ensure that the financial Statements coinply with the Charitie5 Act 201 I, the applicable Charities (Accounts and Report51 Regyulations, and the provisions of the constitution. The trustees are a150 responsible for 5afeguai'din& the assets of the charity and hence for taking reasonable steps foi the prevention and dttection ol. fraud and other itregularities. Page 10

Opinion

We have audited the financial statements of Aghosh UK (the 'charity') for the year ended 31 December 2024, which comprise the Statement of Financial Activities, Balance Sheet, Cash Flow Statement, and Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is United Kingdom Accounting Standards, comprising Charities SORP - FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and applicable law (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, ibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

We have nothing to report in respect of the following matters in relation to which the ISAs (UK) require us to report to you where:

Other information

The trustees are responsible for the other information. The other information comprises the information on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Matters on which we are required to report by exception

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

We have nothing to report in respect of the following matters where the Charities Act 2011 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the Statement of Trustees' Responsibilities (set out on page 10), the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.

responsibilities for the audit of the financial statements

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

As part of an audit in accordance with ISAs (UK), we exercise professional judgement and maintain professional scepticism throughout the audit. We also:

Obtain sufficient appropriate audit evidence regarding the financial information of the entities or business activities within the charity to express an opinion on the financial statements. We are responsible for the direction, supervision and performance of the charity audit. We remain solely responsible for our audit opinion.

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

Use of our report

This report is made solely to the charity trustees, as a body, in accordance with section 144 of the Charities Act 2011 and regulations made under section 154 of that Act. Our work has been undertaken so that we might state to the trustees those matters we are required to state to trustees in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and its trustees as a body, for our audit work, for this report, or for the opinions we have formed.

...................................... Shareef Chartered Accountants 4 Highlands Court Cranmore Avenue Solihull B90 4LE

Date: 29 October 2025

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Docusign Envelope ID.. 8970D21 ￿c7FF4FFs.A9c2.BS8E2062SF05 Aghosh UK Statement of Financial Activities for the Year Ended 31 December 2024 UnrLStrieted funds Total 2024 Restrieted funds Note Income and Endowments from: Donations and le¥acie5 Eipenditure on. Raising funds Charitable activities 148,857 1,758,374 1,907,231 (15,981) 62,903 1263,536) 1,169,297 (279.517) 1,232,200 Total expenditure 78,884 1,432,8ii Net income 69,973 325541 395514 Net movement in funds 69,973 325,541 395,514 Reconciliation of funds Total funds brought fonvprd 114,061 1,112.123 1,226,184 Total funds ¢arried forward 14 184,034 1,437,664 1,621.698 Unrestrieted funds Total 2023 Restricted fund5 Note In¢ome and Endowments from: Donations and legacies 206,089 1,394.920 1,601,009 Total income 206,089 1.394,920 1,601.009 Eipenditure on. Raising funds Charitable activities 1137,528) (807,461 (138.646) 835,371 27,910 Total eXpendi￿re 29,028 944,989 974,017 Net income Gross transfers between funds 177,061 70,723 449,931 70,723 626.992 Net movement in funds 106,338 520,654 626.992 Reconeiliation of funds Total funds brought forward 7,724 591,469 599,193 Total ￿ndS Carried fo￿vard 14 114,062 1,226,185 All of th¢ ¢harity's activities derive from ¢ontiniiing operations during the abov¢ two periods. The funds breakdown for 2023 is shown in note 14. Page 14

Docusign Envelope ID.. 8970D21 ￿c7FF4FFs.A9c2.BS8E2062SF05 Aghosh UK (Registration number: 1178778) Balance Sheet as at 31 December 2024 2024 2023 Note Current #ssets Debtors Cash ai bank and in hand 77,632 1,413486 1,491,118 12 1.8i4861 1,834,861 Creditors: Amounts falling due within one year 13 213 163 264 933 Net assets 1,621,698 1,226,185 Funds of the charity: Restrieted ineome funds Restricted funds 1.437,664 1,112,123 Unrestricted income funds Unrestricted fund5 184,034 114,062 Total funds 14 1,621.698 1,226,185 29 Octobei 2025 The financial statements on pages 14 to 25 were approved by the trustees. and authorised for issue on and signed on their behalf by.. Dr Adeel Riaz Trustee Page 15

Docusign Envelope ID.. 8970D21 ￿c7FF4FFs.A9c2.BS8E2062SF05 Aghosh UK Cash Flow Statement for the Year Ended 31 December 2024 2024 2023 Note Cash flows from operating #ctivitie5 Net cash income 395,514 626,992 Working capital adjustments Dccrcasc in dcbtors 77,632 51,771 {De¢rease)lincrease in ¢reditors 258,933 Net cash flows from operating activities 421,375 885,925 Net increase in cash and cash equivalenis 421,375 885,925 Cash and cash equivalent5 at l January 1,413.486 527,561 Cash and cash equivalents at 31 December 1,834,861 1.413,486 All of the cash flows are derived from continuing Liperations during the above two periods. Page 16

Docusign Envelope ID.. 8970D21 ￿c7FF4FFs.A9c2.BS8E2062SF05 Aghosh UK Note5 to the Financial Statements for the Year Ended 31 December 2024 Accounting policies Statement of compliance The financial statements have been prepared in accordance with Accoutjting and Reportin¥ by Charities.. Statement of Recotnmended Practice applicable to charities prepaiin¥ their account5 in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102} {effective l January 2015) (Charities SORP IFRS 102)). the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021 and the Charities Act 2011. Ba515 of preparation Aghosh UK meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless othenvise stated in the relevant accounting policy notes. Going concern The trustee5 consider that there are no inaterial uncertainties about the charity's ability to continue a5 a going concern. Intome and endowtnents Voluniarv income incliiding donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that Ihe income will be received and the amount can be measured with sutTicient reliability. Dunulions legacles Donaiions and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured. Expenditure All expenditure 15 recognised once there is a legal or constructive obligation to that expenditure, it 15 probable settlement is required and the amount can be inea5ured reliably. All costs are allocated to the applicable expenditure heading that aggre¥ate siinilar costs to that cate¥ory. Where cost5 caiinot be directly attributed to particular heading5 tliey have been allocated on a basi5 consistent with the iise of resources, with central staff costs allocated on the basis of time spent: and depreciation charges allocated on the portion of the asset's use. Other 5UPPOrt Costs are allocated based on the spread of staff costs. Raisingfunds The%e are cost% incll￿ed in attracting voluntary income, the management of investments and those incurred in tradinuj activities that raise ￿nds. Cliuriluble aclivilies Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. Gruiilprovisions Provisions for grants are made when the intention 10 make a grant has been communicated to the recipient but there is uncenainiy about either the timing of the grant or the amount of grani payable. Page 17

Docusign Envelope ID.. 8970D21 ￿c7FF4FFs.A9c2.BS8E2062SF05 Aghosh UK Note5 to the Financial Statements for the Year Ended 31 December 2024 Governance costs These include the costs atiribuiable to the charity's compliance with constitutional and statutory requirements, including audil, strategic management and irustees's meetings and reimbursed expenses. Taxation The charity is considered to pass the tests set out in Paragraph I Schedule 6 of the Finance Act 201 O and therefore it meets the definition of a ¢h8ritsble company for UK Corporation lax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part I l of the CoTporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes. Trade debtors Trnde debtois are amounts due from customers for merchandise sold or services perfom)ed in the ordinary course of business. Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables. Cash cash equivalents Cash [￿d cash cquivalciits comprise cash on hand and call deposits, and other 5hort-term highly liquid investment5 that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. Borrowings Interest-bearing borrowings are initially recorded at fair value. net of transaction costs. Interest-bearing borrowings are subsequently carried ai amoff ised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Statement of Financial Activities over the period of the relevant borrowing. Interest expense is recognised on the basis of the effective interest merhod and is included in interesi payable and similar chwges. Borrowings are classified as current liabilities unless the charity has an uncondiiional right to defer settlement of the liability for at least twelve months after the reporting date. Fund structure Uni'esti'icted income funds are general funds that are available for use at the trugtees's discretion in furtherance of the objectives of the charity. Restricted income fvnds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose. Page 18

Docusign Envelope ID.. 8970D21 ￿c7FF4FFs.A9c2.BS8E2062SF05 Aghosh UK Note5 to the Financial Statements for the Year Ended 31 December 2024 2 Income frorn donations and legacies Unrcstrieted Fund Ceneral Restricted Funds Total 2024 Total 2023 Appeals and Donations - Water Appeals and Donations - Emergency Appea15 and Donations - Food Appeals and Donations - Orphans Appeals and Donations - Education Appeals and Donations - Zakat Appeals and Donations - Genaral Appeals and Donations- Health 18,307 1,444,625 18,307 1.444,625 28,680 860,232 285,889 9,553 285,889 9,553 488,134 17.874 148.857 148,857 206,089 148,857 1,758.374 1,907,231 1,601.009 3 Expenditure on raising funds Costs of generating donations and legacies Unrestricted lunds General Restricted lunds Total 2024 Total 2023 Fundrai5ingF costs 15,981 263,536 279,517 138,646 Page 19

Docusign Envelope ID.. 8970D21 ￿c7FF4FFs.A9c2.BS8E2062SF05 Aghosh UK Note5 to the Financial Statements for the Year Ended 31 December 2024 4 Expenditur¢ on charitable activities Grant fundin% of Activitv support activity eost$ Total 2024 Total 2023 Orphans Education 107.999 6,543 114.542 207,304 17,373 19,473 463,141 50,170 27,910 50,000 835 371 Water Emergency Food 790,828 141,648 932,476 General Health 62,905 122,277 1,021 104 122.277 1,2i2 200 211096 £62,904 {2023 £27,910) of the above expenditure was attributable to unrestricted funds and £1.177.798 (2023 £807,461} to restricted funds. In addiiion to the expenditure analysed above, there are also govemance costs of £12,426 (2023 £8.5001 which relate directly to chaiitable activities. See tjote 5 foi further detail5. S Analysis of governatlee and sUPPOrt C05tS Governance cos¢5 Unrestricted funds General Restricted funds Total 2024 Total 2023 Audit fees Audit of the financial statements Legal and professional fees AccounLincy Fees 6,000 6,000 3,926 2,500 12,426 6,000 3,926 2,500 6,426 2.500 8,500 6,000 Page 20

Docusign Envelope ID.. 8970D21 ￿c7FF4FFs.A9c2.BS8E2062SF05 Aghosh UK Note5 to the Financial Statements for the Year Ended 31 December 2024 6 Grant-making Analysis olgrants Below are derails of material granis made to institutions. 2024 2023 Narne of institutio Al Khidmat Foundation Masajid & Madaris Foundation World Care Foundation Intemational Aghosh Foundation- Turkiye Scot Aid Al Arabia (AGUKI AI SABA Automotive (AKFP) Action For Humanity Aghosh TuTkiya Gazze De5tek Activity 372,017 8.280 51,300 20,743 91,540 50,000 26,000 67,100 50,000 38,066 12,000 99,719 79,688 734,342 28.266 1,021,104 Alkidhmat-EurLipe Pallmed UK 707,957 7 Trustees remuneration and expenses During the year the charity made the following transactions with trustees.. Dr AdeLI Riaz £1.8961202i". £Nil) of expenses were reimbursed io Dr Adeel Riaz during ihe year. During the Chair, Dr Adeel Riaz. travelled to Pakisian and Jordon to represent the charity. 8 Staff costs The aggregate payroll costs were as follows.. 2024 2023 Staff costs durin2 the year were: Wages and salaries Social security costs 180,016 14,041 194,057 75,097 7,091 82.188 No employee received emoluments of more than £60,000 during the year Page21

Docusign Envelope ID.. 8970D21 ￿c7FF4FFs.A9c2.BS8E2062SF05 Aghosh UK Note5 to the Financial Statements for the Year Ended 31 December 2024 9 Auditors, remuneration 2024 2023 Audit of the financial statejnents 6,000 6,000 10 Taxation The cl)arity is a registered charity and is therefore exeinpt from taxation. I l Debtors 2024 2023 Other debtors 77,632 12 Cash and cash equivalents 2024 2023 Cash at bank 1,8i4,861 1.413,486 13 Creditors: &mounts falling due within one year 2024 2023 Oiher creditors Accruals 42,949 170,214 213,163 17,087 247,846 264,933 14 Funds Balanee at I January 2024 Incomin£ resources Resources expended Balance at 31 December 2024 Unrestrieted funds Generul tieneral 114,061 148.857 {78,884) 184,034 Page 22

Docusign Envelope ID.. 8970D21 ￿c7FF4FFs.A9c2.BS8E2062SF05 Aghosh UK Note5 to the Financial Statements for the Year Ended 31 December 2024 Bal#neL at I January 2024 Incomin% resources RLsoufLLS expended Bal#neL at 31 Deeember 2024 Restricted fuThd5 Orphan5 Water 369,190 16,570 710,974 15,389 285,889 18,307 1.444.625 (157,390) (2,7441 (1,148,990) 497,689 32,133 1.006,609 15,389 8,121 122,277 Emergency Emergeno - Pakistsn Education Health 9,553 {1.432) 122,277 Total restricted fuThds 1,758,374 1,432,833 1.437,664 Total funds 1,226,184 1,907,231 1,621,698 Page 23

Docusign Envelope ID.. 8970D21 ￿c7FF4FFs.A9c2.BS8E2062SF05 Aghosh UK Note5 to the Financial Statements for the Year Ended 31 December 2024 In¢omin resources Resources expendeil Bal#neL at 31 December 2023 January 2023 Transfers Unrestricted fund5 Generul General 7.724 206,089 (29.029) (70,723) 114,061 Re51ricted fund5 0￿ha￿S Water 104,432 8,304 444,061 488,134 28,680 72,956 5i9,862 106.320 2,934 117,040 17,874 21,120 {223,376) (20,414) (199,501) (193,100) (81,540) {2,705) (101,651) (19,134) (53,568) 50.000 369,190 16,570 317,516 i46,762 24,780 21,916 15,389 Emergency Emergency - Gaza Emergency - Turkiye Zakat EmergFency - Pakistsn Education 21,687 (8,010) 20,995 9,270 11,453 50,000 Food Health Total restricted funds 591469 1394 920 944 989 Total funds 599 193 1601009 974018 1,226 184 15 Analysi5 of tlet assets between fund5 Unrestricted funds General Restricted funds Total funds 2024 Current a5set5 Current liabilities 226,983 42,949 1,607,878 170,214 1,834,861 213,163 Total net assets 184,034 1,437,664 1,613,196 unrestricted runds General Restricted funds Total funds 2023 Current assets Current liabilities 378,995 264,935 1,112,123 1,491,118 264,935 Total net assets 114,060 1,112,123 1,226,183 Page 24

Docusign Envelope ID.. 8970D21 ￿c7FF4FFs.A9c2.BS8E2062SF05 Aghosh UK Note5 to the Financial Statements for the Year Ended 31 December 2024 16 Related party transactions DurinbF the year the charity made the follow'ingF Telated party tran5action5'. Dua Governance {The owner of Dua Governance is related to the Chairman Dr Adeel Riaz.) During the year the charity paid Dua Govemance £2,700 (2023.. £2,394} for accountancy services. . At the balance sheet date the amount due tolfroTn Dua Governance M'as £Nil (2023 - £Nil). Page 25