Docusign Env&lope ID". 819E3329-5CC9-47CE-A1BA-CD72ED96EBA6 FRIENDSHIP INTERNATIONAL UK Charity No. 1189960 TRUSTEES, REPORT AND UNAUDITED FINANCIAL STATEMENrs FOR THE YEAR ENDED 30th June 2025 Docusign Envdope ID." 619E3329-5CC9-47CE-A1BA-CD72ED96EBA6 Friendship International UK Contents Page Page Le¥￿ artd Admitti%trltive Infrirrn201)n Tru5tces' Rcp(Irt Irtdepertdent Examirter's Rep()rt StAicmefit nf FinAncial Activirieq BaiAllcL ShL*'t Notc% tn thc Financial Sratcmcnts 8-12 Docusign Envelope ID. 619E3329-5CC9-47CE-A1BA£D72ED96EBA8 Friendship International UK Legal and Administrative Infomiation rs. Kiina Kh2n HRH PiincL%% F',.%rncralda r)f BclLiiutn I ts. KLnnLth Hq}. Ir. Jean PeteT Nlr. Nich(112s Kl'n(ilf ChatAty NurDber 11¥9960 Registered Office.. IntLmaui)nal Ho)use 1(19-11 I fulham Palacc Rur1d l.ondnn '6 8JA Jndependeni Exaniiner5- (rw)re KIn￿r0￿ Smitli l.l.P 9.4pp()Id StireE IATrndon LC.2.4 24P Bankers.. 7 Gtsld NTrrrh2mprrJll NNI IE.N Governing Docurt)ent The gui'emiiixdociirneiii of cunsiitiitson ws rewsiered with ihe Charit3. Commissioners fur Bngland 3nd l¥'ales on 16th June, 211211. The fill2nCi￿ statcrnents cfjmpl3-Thlth statutnTh' requircments and Ehe C.haritt % w)i'eming Jfjcuments. Trustee Appointment and Induction Tru%tee% are ippi)inted bi. th rev)liittiJn t() be pa%%ed xt a dill! tC)nverted meLung i)f the Tiu£tees. Ni t￿. TruSteL% are brtefed i)rt thLlr ILLAI ¢)hli&rytii)n% undLE charlty. laiv, thL ciintLnt thL Lry)l-Lrnln¥ di)cumLnt, dLci%iI)n priicL%%c% ttlng tts dunors, for ￿.hICh it chArxLS fees bAscd upoll its costs ItlCiirriQ. Review of actiwties In the c()ur.%c (if thc ytar undcr rcvlcw gTrants b!- fritnd5hip Inttrnatli)nal UK hirtnal resen'e% i)()lia' li Is iniended t() uiilise ai'ailable tund% t() the 8reAtest ￿left1 p()ssible lor chAritable actii'itics, onl? retaining amounts nccc5s2rs.- to iiicet currcnt aiid anticipatcd runniiig cxpcnscs. Thc Tnistees hAR-e consjdereil the lei'el of the uperAting expeiise rqiured. beattnxin mind thai tbe charii!, has iiLb emplol'ees aiid ni) £ignificant cnmmitments. Thej. conclude Ehat the current apprDAch 18 acceptsble. I'ree resertes at the !'eAr end arnnullted t() £4? 438 Q024.. L46.1281. Princthpal Risks and Uncertainties EffectllTe ribk management Ib iniwal 10 the Tnisiees, ubjectii-.e ID prr)tect the Charin % assets and rei)iitaiion. The objective t riRk manaReineni IR tn ideiitifi., aq%e%%, mana8c and inoniiDr the ri&k% tn ￿'hICh thc C.haritt' j& cxpnRcd. A cnmprclicn5ii'c Risk l13nARClllCnt PrJlic!-, prcparcd in cnnjunctirjll wirb Fricndsliip IntcrnatinnAI asbl, hR5 bcon Rdr)prcd bi the BvAid vlTru5teeb. Thc main risks tr) ii.hicli Fricnd5hip liitcriiAtI(JnAi UK is L¥posLd 1£ rc.. Currenc!. exchanxe risk. The mAjoritt-. ot donatiun% and 2rant% receiiTed are denuminated in pound% sterlinx IGDPI or Llnitcil Statcs Dnllars IUSDI, ￿-1)CreaS prDicct buil8ct% arc ilcnnniinatcd in Ban8lAJc8h TakA IBDD. .4% a rcsult tif Ihc ti￿￿n8 cbfferences between estqbtishment uf project budReis And qpproi?Al r)E the donquun ¥rani b￿ tlie dunor and the %ubseciuent appri)vAI b!- the 13an4lALlefjh authoritie% of the iranRfer nf LIDT ID I32nglAdeRh there is a ri*k ihat Lhe iniLiall!' csumAtcd pro)jecE c()sts ￿111 n()t be met bl. thc am()unt ()f tlic 13DT Eransterred Friendship Hatt.Jadcsh. This risk is mit1￿￿e￿ b!. reaucuJn in the SCLbpe of the blidhket in weeinent the dtsncif. Lbr tin'ancial SLippJrt (rm other elluueb in the Frtendship InEerrtatr￿rt￿I nebXrDrk-. railute bj FiJend%hip BanOAde%h ti) u%e the tun(L% f()r the intertded pur¥￿t Imi%ii%e ¢)f fund%). Thi% ri%k 1% mittgRtLd b? thL cl()%L Inil)IvLtllLrtt l)f FllLndihip IntLrn2ti1)nRI LK tru%teL% In the tni)niti)rin¥F and SUPL Th1￿() i)f th¢ rtIc￿]nt pr()jcct%. Filtnd%hip FH121d mi)nlt¢)r rt&4]lai pri>jtct Icp(?rt% prtpartd Iiii diin()r% and i'lsit ElangladL%h in ()rdLr t() tllLCt thcrc ￿'1th fin2nc1212nd pr(?ILCt tnan¥tllLnt tLIM￿ r)ht2in 2 cl()%L undLf5t&ndinx rhL Ctli'itlLS vf FtlLndship BclllkT12dLsh 'I'hL￿ Ic15V &trLnd And cyntr1b￿tL ro thL annU￿.%tridincL 14-Ith applicihlL accr)untlnK %tsnd21ds. Tht i¢tspo)n%ihlr fi>t kctPin%' priiptr 2ccI)untinx tec¢)rd% thAt ditscl()sc wlth rea%iinAhle AccurAc!' An!. tttn¢ the Fininci￿ p).41ti1)n IiE thL chan4- 2nd Ln2hlL thLtn t() Ln%uiL thunt4 and R¢p(1rt51 R¢%Tul3iiyn% 2(y)8 and thL pr(?i1SI()ns uf th¢ gc?Icmlnk d(KUtn¢nt. '1IILk ar¢ Rlsc) rcspnnsibl¢ for s&fckwardinLv thc ot thc c119rit! h¢ncc for takinky rcasnn9blc srcps fnr thc prcl'cntion ind dcr¢ctirJll of trAud and ()rhcr IrrcylAtltyC5. Indepettdent Examin¢r$ i.fi)i)IL knnyF%tiin Srnith lJ.P hivL JrtdicatLd thLlI ti> ci)ntinut Jn ()fficL 2% IndLPLndtrtt txaminLr% i)f thL C.I(). Thi5 TLPVrt was apprr)i?cd b!" thL TrustcLs 9 F¢bTu3r!' 2026 And Si8ALd on thLir bLhAlf b}.: dby.. 244tE3SF6877432. Kenneth Hay Tn]Stee 9 Febnjary 21)26 l)aAe". 4 Docusign Envelope ID. 619E3329-5CCg-47CE-A1BA£D72ED96EBA8 Independent Examiner's Report to the Trustees of Friendship International UK Icpnrt ti? thc Trustccs my cxatnln2tiTrn nf dic accTrunt% nf Fricnd%hip IntL'm2tinn21 IItK Ithc 'C.IQ'l fnr tiic Nr2r LndLd 30rliJunL 1125. Responsibilities and basis of rep)rt Is thL cb..ittti- truStLLS ul FttLndship IntLrn1ti0￿￿ LTK }'Du are responsible lot the preparition of the Accounts in CCC)tdthnce wjth the tequirerrteIltS ¢)f the ChAIlEie% Act 2011 I'the Act). T rcpcirt in rc5PCCt of m!.- fYRmlnativn i)f thc CTI)'s accuunts cRrricd undrf 5ccijon 145 c?f thc 2011 .4ct 3nd in rn-in¥F ¢Jur ni}. exthminthtlC)n I h2ire fi)lIo￿rea a]1 the 2pplit2ble Ditectsorts ￿￿ren b!- the Chari4- Commi%%icJn under scctIDn 1451illbl of thc Act. Independent exarniner's statement I haTre cymiileted m!.- tsaniin1r ticbn. T contirm that nc) material niatErs have come tv m3- attenticbn In connectic)n ￿71th the CXAmi11Atinn li'ing nie causc tn belicvc that in an!- niArcriAI rcsPCCt'. fLcvrd4 ￿.￿r¢ nvt k¢pt In rc5PCCt vf thL Charit!. as r¢Tulr¢d ¥¢criun 130 ()f rhc thc acc()unt% J() n()t ci)mplN' ￿'1th thc 2pplicahlc ILquircmcnts c()nccinlng thc fr)Im and c(?ntcnt i?f acci?unt 5¢r uut In rhc ClIArific5 Iilccuunt5 1£ nd R¢pi?rt51 Ru￿￿]￿1t1￿1￿5 21Tr)8 vthLr rh&n n!. rLquif¢Tn¢nt rh1& r th¢ ACCfiUlli% a'trLIC and faiT iihich Is nr)t a maitcr (c>nsidcrcd parr i)f an indcpcndcnt cxatnin3tir)n. I h2vc nr? CllnCLrns and hai-L C()TnC 2crii%s IithLf TnattL'rs In ciinnLCtiiin I￿1th thL CX2tnin2tii)n t() which atEcntii?n shnuld hc in rhi5 l-cwrt in firdLr fn cnahlL a P￿)pcr undcr5tanding r)f rlic gccnunt5 tn lic rcgchrd. r)rrt 9ED5D7cC￿s7J45 Adam Fullerlon FC& DChA For and on behalfof Moore Kingston Smith LLP ).QpwJld Streei lJ)ndi)n L,C21I 2.QP DarL." 11 February 2026 PA8e'. 5 Docusign Envelope ID. 619E3329-5CCg-47CE-A1BA£D72ED96EBA8 Friendship International UK Statement of Financial Actllryties Fot the yeat ended 30th June 2025 Note Unrtstricted Restricted 2025 2024 Tncorne ItJeotJRefroiJi.' Jrant5 and dvnaiions Interest income l)ther 7,175 .1,172 2,426 1,.38.3 1,.38.3 223 223 Total Inrotrte 1,544 22. 1,76-, 12,7-, Expenditute Expeipthture oti chAritable actiFyties 5.110 Total expenditure 9,283 14,393 4,143 Nei {expendimre)/income before transfers 13.5661 {(),( 112.6261 TrAn5fer tunds 124 124 Net Moveinent in Funds 18,93(11 Fund bAIAnces broukiht fDnvArd at 4(),12 55,0(A 4(J,4.14 Futtd baiartee9 eattied fomatd at 30th Jutte 2025 42,4_38 ,111 of the abuiTe result% are deriTred frr)m continuin% Acti￿lI1es. There were no reco8nibed ￿￿11$ vr losses (Ither th2n thn%e %tated abnve. PA8e'. 6 Docusign Envelope ID. 619E3329-5CCg-47CE-A1BA£D72ED96EBA8 Friendship International UK Balance Sheet as at 30th June 2025 .10th June 2025 30th June 2025 311th June 2024 -30th Junc 2024 Nnte Current Assets c.qsli at bAnk and in hAnd Debiors.. iknnoiinis laltiiigdue iNithin one lear 5i.976 45,i33 Creditors.. Amounts falliJ]g due within one year .095 Net Cutrent A9sets 42,438 5),064 Nei AsBeis 5S,0()4 Funds il,l)36 (Jener%l funds 42.436 46.128 Total Futsd 4?,438 55,1)64 Ilpprl)￿¢d b!." thc TrustCCS 9 Fcbrw?r!. NI26 Aiid 5lkmed rm their belialf bs.: 81gn•dty.' 2448Ea6FW74#......... Ket)neth Hay Trustee Docusign Envelope ID. 619E3329-5CCg-47CE-A1BA£D72ED96EBA8 Friendship International UK Notes to the Financial Statements For the year ended 30th June 2025 Accounti￿ P¢)JiciÈg Ba9is of preparation of financial statetnents The fiIlailCi'al btratements ttsr the l'ear ended 30th JLine 2025 haie been prepared in iCCCbrdance Mrlth Accuunting and RLPDrting bi (-hArltie%...%tAtLment i)f Reicjmmertded PrJCtsLL ApplitrAblL ti) ihAfiuL'% pfL'pAring thLif ALL()unE% In Ici¢Jtdn ()Ithc ]3()Aid i)ETiu%tct% In fuitheiancc )f thc ￿￿Lf21 ()bjLcLI'L4 f)f the C.h2114' 2nd which hai'L nr)t bcLn dL%lWatLd fr)r r)thLI PUIPI4C4. Restricted funJ% ate fuiidfj that are to bc usea in accotd>ncc iillth %pecific rcstrictlC)iis imyN)%d bj. the do)nors i)r ￿PhICh h..licC ￿'en nused fi)r partscLIIAr purpo)ses. The Co)St ¢)f r￿SIng￿ Jnd Adnunisteringtr Such funds Js chargTI.d thit specific furtd. All Inciimc 1% Includtd thc C.hariti ha% cntidttntnt tc) the inciirnt, the￿ 1% Pt()babili￿ i>f Iccrlpt dTre atni)unt hL ni￿a5￿red rLli¥ni%rd i)rtce Ehcrc IS a Ic¥al c)r ciin%tIuctt￿e i)bli¥att()n r() ttan%fcr ec()n()tnlc berttfit t() a third pam-, It 1% prr)hahlL th2f a tr1< n¥fLr i)f Lf()ni)tniC ￿.￿LFits ￿11 bL fLquifLd In SLtdLrnLnt thL Itni)unt thL r)hli￿tIllTr CRn ￿. tnr2%ufLd rc112hl!.. P.ipLndirnrL Includrd In thc SratcmLnt i)f Finan(i21 ACtI￿tIcI l.S()FAI 2n 2ccrualb bAS15. Csrants pal'ablc arc includ¢d in ch3rltablc cxp¢nditurc nncc cx¢crnalli' cnnitnictcd tr) b!- rhc'frustccs. of lunds tLimpijbe the tosts o(admi￿sttt1rt¥ the ￿t0￿ri￿eS ()f the thatttTr. ChJrJt2ble expertthture iompttses CC)%t£ i)f aCtli'itie% irt fuitherantL tsf the charitr % i)bjLttiTre%. Gi)VLrrt2ntt C()%r% i)f thL thxnt%- RfL thL ti)%t% a£%i)ClJted widi Ln%ui1￿F thc chaiin- mLLt% IL% fiduclATr Cash gnd cash equivalent5 (-a%h ind ca%h Lqu]￿J￿LLnt¥ JncludL f2%h In hind. dLw%lts hLld t call ￿th bank%, othLr 4hvrt-tL-rtn liquid in￿LItML￿tl ￿th n￿nal tnatt]ntics (?f 91 da!.% {)[ IL%%. Fin2noal lttstrumettts ThL C.hariN. hA% tirtEL50212024-. LI,8431 was r¢c¢iiabk t !C