2023-12-31-accounts

REGISTERED CHARITY NUMBEIL. 1188857 ents ecem for Barzani Chari Ounda￿on Bennewth 2018 ￿Mited t/8 AJ Bennewith & Co Upper Ground Floor 18 Famham Road Guildford Surrey GU14XA

arzanl Cha - Found Conten of the financial St ments forthe Year End d mber20 Reportof the Trustees Independem Examiner's Report Ststernent of Financial Actlvr(ies Balance Sheet Cash Flow Statement Notestothè Cash Flowstrtement io Notesto the Nnandal Ststements 11 to 17 Dètsiled Ststement of Financial Actlvttles 18

undation ded l De￿M Thè tr￿teeS p￿ent their report with the financi31 statements of the Charity for the year ended 31 December 2023. The truste4 have adopted the prowsions of Accounting and Rept)rbng by Charities.. Ststement of Recommended Prattice applicable to charities preparing their accounts in accordance with the Finantsal Reportlng Stsndard applicable in the UK and Republic of Ireland IF￿ 1021 leffetknve lJ8nuary 20191. OBJEcTNEsANDA￿wrnES The Barzani charity foundation, guided by the phllosophy of late Mustafa Barzani. the Kurdish revolutionary leader whD once said its pride to serve humsntty. His principles are the bedrod( of this foundation and all acknvTties Unde￿kern by the foundation must be d￿jgned for humanitarian purposes in which all beneficiaries have to be treated equally. As Such the Barzani charity foundation. worked very hard to provide for the needs of refugees and IDP'S b3sed in north of Iraq (Kurdistsn regionl. We together rebuilt the destrtyÈd camp of ￿lidY and provided training and capacity budling for vulnerable people from all walks of lrfe. Also. Barzani charity foundation have helped sizeable nurnber of refugees, asylum Seekers 3nd other vulnerable people in the UK by providing them wtth an edU￿tIonal guide, day to day lrfe skills and knowledge of the way of Itfe in the UK. There are also soclal events whith help and strengthen the idea of a diverse so¢ietyand help people setde in the UK. Barzani charity foundation have invested enom)ously into strengthenlng its relatipns within the UK and Europe ￿ well as America. In order to collaborate with other humanitarian partner5 to provide ￿e￿$[tieS and reduTr hunger and povety amongthe refijgees based in Iraq. This helps reduce further migration to Europe. Also, Barzani tharity foundation. aim to work wth other charity NG05 to athieve Its obsectwes by re￿￿ng aAd maknng donations to recognized tharities for legitimate charity PUTPOSES. Public Benefrt The Trustees retognise the duty Imposed upon them by the Chaiitles Att 201L Se¢tion 17 and also the requirement to have due regard to the gene￿1 8uid8nce provided by the Charity COMM￿s1on in connettion5 With Publi¢ Benefit. Thé tharity fvlfilled this duty by pmiding grdnts to furtherthe charws objective of reliemng poverty- Page I

Tru they 31 ACHIEVEMENT AND PERFORMANCE 2023 was a year of fvll of di￿ster and crlsis in Middle east. at the bèginning of the year the 7.6 magnitude earthquake hit Turkey and Syria, which thou53nds of lThres lost. and hUnd￿d thOu￿ndS of people injured, and rnany people lost their home and everything they had. The area where hit by the earthquake is 8 significant are8 in both Turkey and Syria. majorty of people in that arÈa are a farrne￿ and have minimum income, for Syria the situation wa5 worse than Turkey, as Syria has been at war for more that a decade, Ban8ni tharity Foundatlon 81ong with BCF-Iraq prepared and mobilised its volunteers and reached out to Turkish-Kurdlsh diaspoTr worldwide asked for donation so our volunteers can help effected people and servÈ the victi￿, as a ￿Ult we managéd to collert reasonable amount of fund wath along donation from I￿q1 Kurdistan re￿tsn which collected by the BCF-Iraq we dld what we could to assist people and Sa￿ I￿￿. Our team was made up of medical team, field kitchen. shelter and sanitstion and logstic5 teams, each of those te3m worked tirelessly for manyweeks to make sure survwors are not alone. Despit¢ many challenge5 Suth 3s accessibllity, banking issues and funding tsnsfer but we played a signiflcant part in the humanYc3rian effort espècially in turkey and we are still helping people to rebulld their life. ons0￿h1 despits the challenges and conflict we aim to not let kith who have 105t their father leave behind, through polish church Satw Solidarity and other indNidual donor5 we have continued to help 2nd finanoally assist number of orphans in Ir8ffj this proj2cE 15 Pzrt tsf ongoing orphan projett which eStabl￿htd more 3 decade ago in lTrqi Kurdistan region to prornote o f wellbeing and ènhance and meet educational neeits of orphans. Edu tyonal women- thildren pmjert.. even though the sltuatTon this year was very crttiol and funding always bÈen iSSU25 however through great partnership with international tharity organsations such as the Striling foundation, LDS, Act now thildren fund ènd many other organisation and indi￿ldual generous people we have continued with educational program for reftEgees and IDPS who a￿ based in Kurdistan region of Irdq. Prowding vocational cOU￿eS and GBV awareness progrnm has imprnved the Ilfe of many and have mitigatsd the dornestic and social orient8tèd problem for those who are in vulnerable sttuation. ￿￿rarn.. In the UK we have focused on integration and lif& in the UK custsm and norms progratn. through number of seminars soaal gathering and community meeting we have participated wrf(h other Kurdish comfftunity groups and other organisati 0[￿ to provide informal education on above ￿SueS. l outs£b.' we have partiupated in high level con￿rÉnceS and seminars t¢ advocate for minorty right worfdwide 3nd women and children right, s well ￿ that, WÈ travelled to Germany. Switzerland, and united Stat￿ of Arneri￿, to advocate for further fund refugees and IDPS in Iraq and providing Dverview of the over all humanltarlan sith3tion in the re￿0 n. PROJECTOVERVIEW TASK Providing humanitarian aid to victims of earthquake PROJECT STAGES Critical stsges done, but continue if fund available FUNDEDBY Charitable and civil souety o￿NIs3tiOnS and individual donors DRIVER Hum3nity and manklnd Is co lue of this projects NOTES Turkey has passed crityc31 period. but still room forfurther hum8nit8rian work it nd available. Helpin8 orphansto A thild without stsy In educ2tion and father or mother is do not letthem harij Ènd child needs alone agsistsntè from scoety Sponr5ing orphaw, chIld￿n in lTrq Continuewith Sponsoring orphans in Iraq Potish church, Staw of Solidarity Page 2

Barzani Foundatlon rt of the Trt￿ee5 r Ended ber2 they Advocacy and integration program intheUK Ongoing prO8￿M Funded by the BCF and individual organisations. New arrlval have little or no Unde￿tandIng of the UK custom and norms. t¢ become a otsd citvzens and have brighterfuture the whole stsoety benefitfrom this klnd of program Forth05e who have travelled tri the UK without prior understanding of the UK lives, it makethe whole country safer and better when people understsnd the valu* and right integration is way to mitigate ris￿ and soaal tsnsions Refvgees are vulnerable to domesbcviolence and exploitation, this kind prolects will prepare them and provide greater knowledge how to preventthemselves to be virtim of GBV. social problem and exploitstion Providingvoc2tional and GBV edu￿tional program for refugees and IDPS in Iraq Ongotn8 The steding foundation. prewouslyAct now chlldren fvnd and LDS Sintsthe intemational aid organisation ajt its funding for the refugees and IDPS in IrJq, there a gap and challengÈsfor people. this knnd of project5 is part Df wellbeing of people and enhance their wellbeing and skills forthe future RISKAND ISSUE HISTORY 155UE Personal safety and accessibilityto effected area MMGATION Prior of engagementthe ground s((uation analysed and coordinate with local to make sure places a safe accessible Reached outto bank and tonsulate ISSU￿ with tharity commission sethqte. carryqng cash with rarful consideration. Negotiating with bankfor electronictransferand talk ongoing for future projects Pmid&d counselling5erwces for those who wanted and their wellbeing during and afterthe projects looked after NOTE Coordination was a key to success for both area Morocco and Turkey. and we followed the advised given to all charity or£ani5ation on the ground Transaction to Iraq from UK ha5 been very difFiculL the trustee5 agreed to arry cash in each trip as mlnimum as safe as possible and ￿rrIed with carful consTderation. B3nkingtransaction and funding projects P05t projects psychological impact Forsome workers and volunteevs earthquake zoon can be mental difficu￿, we providèd psythological and counselling supptsrtto rnake sure they stay ments1￿ and physlcally healthy. CONCWSIONSIRECOMMENDATIONS For our foundation and p3rtners 2023 wes difflcult and hard workin& yet our team ￿th Barzani charity foundation-lraq in partnership and spo￿OrShip with other organi￿￿On$ have achieved beyond our expectstion, the help and donations we have received from many individual from all over the woAd is inspiring and prowded a lot of hope and blessing for those who benefiTrd from our humanitrrian interventTons. Equally the larger donation comè from charitsble and civil 50uety organtsatlons have made ourwork possli )le in Iraq, Turkey, and Morocco. Page 3

Foundat. ustee emb for nded 31 We will not naming any Or￿niSation who have helped us to help vulnerable pepple in this report simply because they are so many and many individual which would be difficult to frt them all in our report, but wè would say thank you from the bottoms of our heart, we greatly appreciated for the opportunity you have provided to us to serve for the sake of humanity. Your trust and believe on us ￿ mean a lot to us, your thoughts and prayers is far more effectTve than any am¢untthat Orn￿ donate. We are here to serve. with your help we will stayand do whatwe can. De5Ptte the thallenges egpec73lly the bank transfer frum UK to Iraq has slow down our work and our intsrwention to help refugees and IDPS who are at the Camps in Kurdtstan region Iraq, nevertheless. we aim to continue and endeavour to bre8ch the barriets and find solutions to Challeng￿ we faced. Our rèromndation for ban￿ and fina￿11 in5tutions is that to have better undersrandin8 of the needs of aid from UK charties to ven￿b]e people in Iraq espicially refuge￿ and IDPS, tough MeSsu￿ tur￿ntlY in Pla￿ for money trasnsfeer to Irdq even Iraq is not in the least of sam￿tIon Countri￿ and is not on bl8¢k list has rnade extermly diffudt to suffidently rry Cmrt huminattin worL ￿$h tr4nsFeer is not Ideal and cannot be ￿lY upon at all time ￿pIcallY with large amounr therf0￿, better colabration with charities on this matter is signific2ntand urgent FINANOAL RMnEW Due to the projett funding obtained. the charity was in a healthy finantial position at the year end with a closlng fund balarn￿ of £104,253. Of th￿, £43.420 are gènèral unrestiicted fvnds. STRUCTURE. GOVERNANCE AND MANAGEMENT Governing document The ch8rity is controlled by its governlng dts¢umenL a deed of trust and constEtutes 8 CIO. Recruthent and appolntment of newtrustees Truste￿ wll be appointed when nece￿ary and a suitable candidate can be identifjed. AJI Trustees are gwen sufficient trainins on appointment REFERENCE AND ADMINISTRATIVE DETAILS Re￿stered Charity number 1188857 Principal addres5 12 Falmouth Road Birniingh3m B34 6£H A Mustafa Mrs M Sèlim Dr F Hi￿1ZI K Othamn Asaleem Independent Examirter A J Bennewtth FCA, FCPA, FFA, F￿A, FIPA. DCPLA, FRSA Bennewith 2018 ￿t￿tted Va AJ Bennewtth & Co UpperGround Aoor 18 Famham Road Guildford Surrey GU14XA Pa8e 4

Found fi>rth eai Ert r20 2610912024 Approved by order ofthe board of trustees ¢n.....-..........-....-....................... and signed on tts beha￿ by: A Mu5tafa-TnJstee Page 5

In miner's Re Barz3ni Chari ort tothÈT stees of Found Independent examinerfs reportto the tnt5tees of Barzani Charity Foundation I report to the charity trustee5 on my exarnination of the accounts of Baryani Charty FOUnda￿orn lthe Trustl for the year ended 31 De￿mber 2023. Responslbilities and basis of report the d)arity twstees of the Trust you are responsible ftsr the preparation of the accounts in accordan￿ wlth the requirements of the Charities Act 20111'the Act'l. I report in r25pect of my examination of the Trust's accounts carried out under SÈction 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity ComrHi￿l0n under Section 14515llbl of the Independent examinÈl55tatement 5inTr your charty's gross income QKcoeded £250.0￿ your &xamlner must be a mernber of a listed body. l can confirm that l am qualified to und&rt3ke the examination be￿uSe l am a member of the InstitutE of Chartered Accountsnts in England and Wales. which is one of the listed bgdies. I have completed my examinatiDn. l ￿￿firrn that no material matters have come to my attention Tn conneLton wlth the examination giving me cause to believe that in any material respect acctrunting ￿OrdS were not kept in respertof theTrust as required t*ySection 130 of the ALt, or the accounts do not accord with those records,. or the accounts do not Comp￿ wtth the applicable requlrem&nts ¢oncerning the form and content ot accounts set out in the Charftles IAtcounts and Report51 Regu13tions 2008 other than any requirement that the accounts give a true and fair viewwhich s not a matter cgnsidered as part of an ind&p&ndentexamination. I have no ¢oncems and have come across no other matter5 in connection with thE examination to which attention should be drawn in this report in orderto enable a proper understanding of the accounts to be reached. AJ Bennewith FCA, FCP4 FFA, FFfA, FIPi Dth4 FRSA Bennewlth 2018 Llmlted rla AJ Bennéwith & Co Upper Grrjund Floor 18 Farnh2m Road Guildford Surrey GU14XA Date-. Page 6

Baftani Foundatlon tofFin ded 31 eYÈar er 2023 31.1223 Total funds 31.12.22 Totsl funds Unrestricted fund Restricted funds Nrtes INCOMEAND ENDOWMENfs FROM Donations arid leg3Cle5 560.404 56D,404 13,221 Invertment income 2,029 2.029 Total 2,029 560,404 562,433 13,221 EXPENDrruRE ON Charitable athitie5 G￿nts Support costs Other charitsble athwtes Rèlièf 14,362 14,362 1,8CQ 53.606 459,682 13,671 1.500 33,517 1,800 28,079 ,527 459,682 Totsl 29,879 499.571 529,450 48,688 INCOME/IEXPENDITUREI 127,8501 60,833 32.983 135,4671 RECONCILIATION OF FUNDS Total funds brOUght￿nN3rd 71.270 7L270 106,737 TOTALFUNDS CARRIED FORWARD 43.420 60.833 104,253 71.270 Th2 not￿ fomi part gfthese finanial siatements Page 7

Ba¥zanl Foun lanc 31.12.23 Total funds 31.12.22 Total funds un￿tricted fund Reskntted funds Notes CURRENT ASSEfs Cash at bank 46,721 179,257 225,978 371,078 CREDrroRS Amounts f311ing dlte wtthin onoyear 13,3011 1118.4241 I￿1.T25) 1299,8081 NEf CURRE￿ ASSErs 43,420 60,833 104,253 71,270 TOTALASSEfs LESS CURRENT UABILrrtES 43,420 60A33 104,253 71,270 NET AssErs 43,420 60,833 104.253 71,270 FUNDS UnrÉ¥trtrted fvnds Restrfcted funds 43.420 60.833 7L270 TOTALFUNDS 104,253 71.270 The finanaal statements were approved by the Board ofTrustee5 and 8Uthorised for issu& on and were signed on its behalf by.. 2610912024 A Must8fa-Trustee The notes form part of thése finandal statemènts Page 8

Barxani rthèy 31.12.23 31.12.22 Notss Cash flow5from operating activltJes Cash generated from opÈrdtions 1147,1291 187,4961 Net cash used in operatlng a¢tNities 1147.1291 187,4961 Cash IIDwsfrom invèsting attivities Interest reTrwed 2,Q129 Netrash provided by investing attwitie5 2.029 Chang2 in cash and cash equlvalents in the reporting period Cash and cash equfvalents *the be8innin8 of the reporting peritxl 1145.ICX)I 187,496 371,D78 458,574 C3sh and equivalents atthe end of the reportyng period 225,978 371,078 The notes form part of these financial statements Page 9

Foun h Fl nt cember20 thÈY Ende RECONCIUATrON OF NET INCOMEIIEXPENDITUREITO CASH FLOW FROM OPERATING ACTIVITIES 3L12.23 31.12.22 Net Incorne/lexpenditurel torthe report4ng period las perthe Statement of Financial Artivitsesl Adju51ments tor-. Interest received Decrease In creditor5 32,983 135,4671 12.0291 1178.0831 152,0291 Net cash used in operation5 1147.1291 187,4961 ANALYSIS OF CHANGES IN FUNDS At 1.1. Cash flow At 3L12.23 Net cash Cash at bank 37L078 1145,1001 225,978 371.078 1145,1(K)I 225.978 Total 371,078 1145.1001 225.978 The note5form part of th￿e finantial statements Page 10

B3rzani Cha da￿on s to th Fnancial ar Endtd t3tem th ACCOUNTING pouaES Basis of preparlng thefinan(ial 5tstements ThÈ finanoal statements of the charity, whlch is a publlc benefit entity undèr 102, have been p￿pa￿d in accordance with the Charities SORP IFRS 1021 'Actounting and Reporting by Ch8ritr8s: Ststement of Recommended Practice applicable to chariknes preparing their accounts in accordance with the financial Reporting St3ndard applicable in the UK and Republic of Ireland IFRS 1021 leffEctive l January 20191,, Finantial Reporting Standard 102 The Hnancial Reporting Stsndard applicable in the UK and Fiepublic of Ireland, and the tharities Act 2011. The flnancial statements have beeti prepared under the hstorical cost convention. Income l inccimE is reCOgn￿ed In thé Ststement of financial Activitles On￿ the charity ha5 entidement to the fvnds. it 15 probable thatthe income will be received and the amount cèn b8 me&t5ured reliably. Expen(rrturÈ abilr(ies are recognised & expenditure as soon as there Is a legal or constructive obligation tomrnitting the charity to that expenditure, it is probable th a tTrnsfer of economic benefits will be required in setttement and the amDunt of the obligation can be me&ured reliab￿. Expendffcure is accvunted for on an accruals basis and h85 beèn clessified under headings that aggregate 811 cost related to the Lztegory. Where costs cannot be dire￿¥ attrlbuted tD partywlar headlngs they have been allotatsd to acbvitie5 on a basis ttsnsi5tent with the use of resourc￿. Grants ofFered subjert to tonditions which have nrt been met at the year end date are noted a5 a commitnent but not accwed ￿ expenditure. Taxatjon Thé charity is exempt from trdx on its charitsble acti￿ti￿. Fund accounting unr￿trcted fvnds can be used in accordance wlth the charitable objectives the discretion of the trusrees. Restritted fvnd5 can only bè used for partlcular rèstrirted purpos￿ within the objects of the charity. Restrictions arise when speafied by the donor orwhen funds are raised for particular restrirted purpose& Furtherexplanation of the nature and purpose of eath fund is induded in the not￿ to the flnancial staternen DONATJON5AND LEGACIFS 31.12.23 31.12.22 Donations Grants 265.794 294,610 13.221 560.404 13.221 Grants recewed, ineJudÈd in the above, are a5 fotlows= 31.12.23 31.12.22 Othergrants 294,610 13.221 Page 11 continued...

Barzani Foundation li￿t￿the Nn cialsta me rEn d31D contrn ed INVESTMENT INCOME 31.12.23 31.12.22 Dèposit account interest c￿AR￿ABLEA￿IVrnES COSTS Grdnt funding of actiwti (see note Support costs (see note 61 Dirert Costs 51 Totals Grants Support costs Other charItsb￿ activttès Relief 14.362 14.362 1.81X) 53,606 459,682 L800 2,252 51,354 459,682 511,036 14,362 4.052 s￿,450 GlA￿r$ PAYABLE 31.12.23 31.12.22 Grents 14,362 ,671 SUPPORTCOSTS Goveman nance Totals Supportcosts Other charitable activite5 1.800 2,￿2 2,252 2.252 4.052 Page 12 continved...

dation I Statem ded 31 TRusfEES' REMUNERATION AND BENEF175 Therè werÈ no trustees, remuneration or other bertèfits for the year ended 31 De￿mber 2023 nor for the year ended 31 ￿¢ember 2022. Trustees, expenses During the year ended 31 De￿mber 2023, t￿Ve[ and subsistence expenses of £1,800 were paid on behèlf of a Trustee. There were no trustees, expenses paid forthe period ended 31 December 2022. COMPAPATIVES FOR THE STATEMENT OF FINANCIALAcnvJTIES Unrestricted fund Restritted funds Total funds INCOME AND ENDOWMENfs FROM Donations and legaties ,221 ,221 EXPENDrruRE ON Char￿able actlthies Grants Support costs Other charitable 8ctiwtes 450 1,5Ct) 33,517 13,221 ,671 1.5th) 33.517 Total 35,467 13,221 48,688 NETINCOMEIIEXPENDMJREI 135.4671 135,4671 RECONCIUATION OF FUNDS Totsl ftinds br0ughtf0n￿ard 106.737 106.737 TOTALFUNDS C4RRIED FORWARD 71,270 71,270 Page 13 continued...

nl Chari to for Inan 31 De￿M CREDITOKS: AMouKfs FAWNG DUE WFfHIN ONE YEAR 31.12.23 31.12.22 Other creditors 121,725 299,808 io. MOVEMÈNf IN FUNDS Net movÈmÈnt in funds At 31.12.23 At l.L23 Unrestrirted fund5 General fund 71.270 127,8501 43,420 Restricted funds Earthquakè Relièf in Turkey Earthquake Relief Sn Moroce Education Project 29,714 8.393 22,726 29,714 8.393 22.726 60,833 60,833 TOTAL FUNDS 7L270 32,983 104.253 Net movement in fvnds. induded In the above are as follows.. Incoming ourcÈs Resourtes expended Movement in funds Unrestrictedfunds General fund 2.029 129,8791 127,8501 Rèstricted funds Orph2n kids- Iraq Earthquake Relief in Tyrf(ey Earthquake Relief in Morocco EdU￿tiOn Project 14.362 473,783 3L99g 40,260 114,3621 1444,0691 123,6061 117.5341 29,714 8,393 22,726 560,404 1499,5711 60,833 TOTAL FUNDS 562,433 1529,4501 32,983 Page 14 continuÈd...

Banani Chari oundatt No eFin aal ear En ents- conti èmb io. MOVEMENT IN FUNDS- continued Cornparativesfor movement in funds Net movement n funds At 31.12.22 AtLL22 un￿Stritted fund5 General fund I(￿,737 135.4671 7¥270 TOTAL FUNDS 106,737 125A671 71,270 Comparative net movement in funds, induded in the above are as follows: Intoming resources R￿oUrceS expended Movement in funds Unrest￿tted fiEnds Genernl fvnd 135,4671 135.4671 Restrlcted funds Orphan kids- Iraq Sick Children. Iraq 10,035 3,186 110,0351 13.1861 13,221 113.2211 TOTAL FUNDS 13,221 148,6881 135.4671 A current year 12 months and prioryear 12 months combined position Is as follows= Net movement In funds At l.L22 31.12.23 UnrestriLted lunds General fund 106,737 163,3171 43,420 Restricted fvnds Earthquake Relief in Turkey Earthquake Relief in Morocco Edutation PrDject 29,714 8.393 22,726 29.714 8,393 22,726 60.833 60,￿3 TOTAL FUNDS 106,737 12.4841 104.253 Page 15 continued...

BarzanT Char Foundation esto th Fin em nts- contin 31D cernbor MOVEMENf IN FUNDS- continued A current year 12 months and prtor year 12 montrfj comblned net movement in fund5, included in the above arè follows.. Incoming rE50urces Resources expended Movement in funds Unrestfictedfunds General fund 2,0 165,3461 163.3171 Restrtcted fvnds Orphan knds- Iraq Sick Children- Iraq Earthquake Relief in Turkey Earthquake Relief in Morocco Edueation Project 24.397 3,186 473,783 31,999 40.260 124,3971 13.1861 1444.0691 123.6061 117,5341 29,714 8,393 22,726 573,625 1512,7921 60,833 TOTAL FUNDS 575,654 1578.1381 12.4841 Building ￿Velihood$ and Capacity tor Dtsabled People: Funds received from Act Now Children's Fund for a project aimingto 5UPPgrt disabled people in lrnq. Orphan kids- ITaq'. Funds re￿Ned from Stowsolidarnoscto care fororphans in Ir8q. Reconstruction of Elzldy Home- These are funds provided by the LDS Church for the reconstruction of Fizidy home atShallJ IDP camp in Duhok- Iraq. Earthquake Relief in Turkey:Funds retÈivÈd to provide relief in areas of Turkey and Syria effected by th earthquake. Earthquakè Reli￿ in Morocco: Funds re￿iVed from the Striling Foundation to provide relief in areas of Morocco efferted by the earthquake. Education Pruject.. Funds received from the Striling FoundatiL)n to improve educatTon in Morocco. Page IG continued...

Banarri C to erin rEnd tem nu IL RELATED PARTY DISCLOSURES There were no rèlated p3tytransactions fDr the year endeLI 31 DecÈmbeT 2023. Page 17

rzani Char dat7on Det tstem nancial èr2 31.12. 31.12.22 INCOMEAND ENDOWMENfs Donatlons and Ipgacies Donations Grdnts 265,794 294.610 ,221 560.404 ,221 Invèstment income Deposit accDunt interest 2.029 Total Incoming￿oUrCes 562,433 13,221 EXPENDttURE Charitable actwtses Sundries Travel and subsittence Software Relief Grants to institutions Grants tg individuals 1,032 42,804 23 32.C116 1,2C(I 467.200 450 13.221 14.362 525,398 46,910 Support costs nance Bank charEes 2,252 278 Govern￿￿ costs Accountancy and les81 fees 1,800 1,500 Totsl resources expended 529.450 Net Incomellexpenditurè) 32,983 135,4671 This page does notfom) part of the statutory finanaal statements PagE 18