2025-03-31-accounts

REGISTERED COMPANY NUMBER: CE028704 (England and Wales) REGISTERED CHARITY NUMBER: 1198390 Report of the Trustees And Unaudltod FinanclAI Statements lor tho Y•ar Endèd 31 March 2025 Gulab Sorkh Foundation CIO Blad(wood Ful¢her & Co. Chartered Aecountanls 9 Sl George's Yard F8mham Surrey GU9 7LW

Gulab Sorkh Foundatlon CIO Contents of the Firbancial Stat•mènt6 for the Year Endod 31 March 2025 Pago Report of th• Trustees Independent Ex8mlner's R&port Statemgnt of Flnanclal Actlvllles B8lan¢e Shoat Not9$ lo the Flnanclal 8ts¢omgnts 6 10 10 D•tailed Statèm8nt of Flnan¢lal Actlvltl88

Gulab Sorkh Foundatlon CIO Report of the Truste65 for th8 Year Endad 31 March 2025 GULAB SORKH FOUNDA N ANNUAL REPORT 2024. 202 1. Thls report cover8 Gulab Sorkh Foundation's second yearas a registered charity Dver tho pedod 1 April 2024 and the and of the finantial period on 31 March 2025. 2. Charlly Detslls. The Charfty is Gulab Sorkh Foundation. reglstered 81 the Charlty Commlsslon in England 88 Charity number 1198390. The reglst8red addr983 Is 118, Pall Mall, London, SW1A SEA. 3. Charlty Pu￿0$0. The purp08e of the Charity, as sel oul in the Conslilutlon, Is for th8 public benefit, the relSef of rleed and the advan¢gment of education and training of velerans of the sacurity forces of United Klngdorn s alll&s who are or who become rèfugees In the Unltèd Kingdom, and the￿ famllies, principally bul not exclusively of the Afghan Re￿cationS and A8SiStance Pollcy IARAPI communlly, by providing grants. bursarles, advice, mentoring or any other means that the trus tees may from lim8-to-t+me consider approprbate. 4. Due Regard to PublSc B•nèfiL Th$ Twslees have had due regard to thè gUIdan￿ Issued by Iha Charity Commission on wbjic benefit. Thèy have nol departed from that guldance in lulfilNng (helr rde, 5. Trustees. The trustees are Hazel Evans, Slmon Mlller, Guy Balch81or, A88d81r Truett and Rickna￿l Haldenby.Thgre have been no changes lo the list of trustee5 during the reporung period. The Board of Trustees rneets forrnally quarterly, 8nd Inforrnally from tim&-tC￿1Irn8. The Board elecled H8zel Evans as the Chalrman. Trust808 are appolnled by Ihg Board olTru8tee8 for a fixed period of three years. Trustee8 are recrulted l)a5ed on Ihelr 8xperfgnce, 8kS11 gtxl undersiandlng of the needs of the Charlty's beneficlarfes and other stakeholders. In partlcular.. Afghan culture the context of Afghan and UK mllSlary cooperation between 2001 and 2021,. MOD and other Governmental policy and d8cSslon.rnaklng wtth regaicl lo the ARAP community., vocalional Iralning and skills d&velopmenl,' educational opportunl(le$', Safeguardlng pollcy and practl¢e,' charlty governance,. and wllllngne88 to glve Ilme freely lo the Charity's work. 6. Governonce. Pam@18 French rernalns appointed by the Iru$leos 88 th& Operauons DSrector, the overaN load for the Charlly's deli ¥gry of charitable adivilks to our benolbclarfes. 7. ActIvI￿¢S and Oblo¢tlves. Th¢ Tru8lee8' oblectlv88 for 2024- 2025 we.. a. Maintain 8ffedv& governance of tha Charlly, gSPBdally data prolecuon, Safeuuardlng, rfsk m8naggm8nt and the 8greement tsf pollcles. b, Source fundSng to 8UPPOrt chBrlt8ble acllvlt188. o. Provlde o c289 management sarvlce lo benefl¢Ier￿s. d. Support Enylsh18nguage IraSnlng and cllizgnshlp. 8. A¢hlevoments and Performance. Durfng its third year, thè Charfty has achieved the followlng.. 8. Provlded exlenslve case-managing support to benèficiaries through the Operatlon$ Director. b. EslablSshed an aulhorftatlve position wSlh benoficiarfes, ¢Xher chadtiè8 and a numbor of Governmont d&partmenl8. c. Signposl8d benefici￿￿9$ lo the semces of olher chariiles. d. soUr￿d fvndlng guffKient to monage the Chablty and proV￿e case-management support. Th8 publlc has benefrt6d from the Charlty's work 8$ our teneffdaries, by findhg permanent a¢¢ommodation and employment, have becoTrme less of a charge on public funding and are trotter assimllated Into local communiti98 cross the country. .￿r language and citlzenshlp advice and training has also helpèd their Integration into UK soclety. A nurnber of UK Govemment departrnents and part1￿9n18rlanS are boltQTr Informed In their policy formulation because of the advi￿ provldecl by the Charfty's officers and the a(￿SS the Charity provides to our beneficiaries. 9. Flnanclal Rèviow. A report on the ch&rlty's financial posillon al the end of the period Is belng prepared by Blackwood Futcher & C4), tharte red Accounlanls. and will accompany thi8 report. a. R•sérves. Th? Trustees have electod not to hold 8 reserve of funds. 11 is their view that 11 Ss dlllgenl for the Charity shriuld hold aTound 18-24 months of baselne operating costs lo cover fluc(u8tions in fund-raising and expanditure. and that any surplu$ lo this should bÈ expended on charilable aC￿vItIes. This level of funding is now held, and TrustG8S geek to remain in this posluon. Page 1

Gulab Sorkh Foundation ¢10 Report ofth• Trust••i fortho Year Eftded 31 MaT¢h 2025 b. Golng Cone•rn. ThÉ Tru8ts8s have no uncgrtainU8s 99 to tho pan9.t￿rn wability ¢lkn Chariiy 09 a gclng e¢neem. e. Sour¢es of FundJ. Gharlty has b¢nefibJ 8nd Gontlnua5 to l)en8fi't trom a small of donatlons frorn prwate indi￿￿u￿b and olhèr thariti&s. d. Funds Hald on Bèhall of OFhorn . Tho Charfty hrAd6 no on behalf ¢folh•r4. 8TRU¢TLIRE. GQVERNANCEANO MANAOEMENT Govomlng dtscum9nl Tht Charitys goveming document 13 its ¢MsUtthron, whi¢h remalrns unchanged from that ag￿ed by th8 Chailly ComrnissioTr as itwas found￿. The Chèrlly Is cornslituled ¥s a chart￿￿é Inworeted Oraanlsatlon ICIOI. REFERENCE AND ADMINISTRATIVE DETAILS Reglstered company numbor ¢E028704 (England and Walasl Rog18lered Chorlty number 1198390 Reg1$t9r￿ offlc• Floors 14 4-5 Hlgh Town Hereford Her•lordshlrg MR12AA HAEv8n AJETrue G R Belchvlor S D Mill&r Naldgnby Ind4pond•nt Ex•mlner l R Fulch¢r FCA B18ckwood FUIC￿r &C¢. Ghartei8d Ac¢auntan 9 Sl George6 Y8rd F8rnham Surrey GU97LW Approved by ordèr oflhg board of tru$te88 on.. and Blgned on tt8 behalf by.. R Haldgniyi-Trust89 Pagg 2

Indepondent Examin8rf¥ Reportto the Trustees of Gulab Sorkh Foundatlon CIO Independent •X8mlnerfs r8port to the trustèes of Gulab Sorkh Foundatlon CIO I'the Company) I rgport to the eJ)arily trustees on my examinatlon of the accounts of the Company for the year endod 31 March 2025. Re8ponslbSlltles and basls of report As the charfly's trustees of thè Company land also its dlreetors for the purposes of company lawl you 8re responslble for the proparati)n of the accounts in accordance with the requiremènts of the Companies Ael 20061'lhe 2006 Act'l. Havlng satlsyed myself that thè accounts of the Cornpany are not rtsYul￿d to b& audited under Part 16 of the 2006 Act and are eliglblè for independent examination, I report In respect of my Bxamination of your charity s accounts as rarried out under Section 145 of the Charities ￿1 2011 I'ihe 2011 Act'l. In carrying out my examination I have follow8d I Dim¢lions glven by the Charity Gomrnisslon under Section 145151 Ibl of Ihè 2011 Aci. Indepqnd•nt examlnerfs statomenl I have completed my examln81ion. I confim) that no matt8rs have come to my attenllon in connection the examlnalion givlng me cause to believe.. Rceounting records were nol kept In respect of the Company as required by Sectlon 386 of the 20C6 Aet.. or the accounts do not accord wth those records., th8 accounts do not comply with the accounting requlrernents of S8ction 396 of the 2006 Act othèr than any requirement IhAI the accounts give a true and f&r vlew whlch Is not 8 maiter consldered as part of 8n IndeFendernt examlnAUon', or the accounts have nol been prepared In accordAnce ¥￿th the mglhod5 and prtnclples of th8 St818m9nt of Recomrn&nded Pr8clice for accounting and repo￿ng by ch8ritios lappllcable to charllies preparlng Ihelr accounts accordance with the Flnanclal Roporuno Standard appllcable in the UK and Republlc of Ireland IFRS 10211. I h8ve no concems and have come across no other malters In conneotlon with the oxamlnalion to whlch attenilon Shwld be drawn In thls rèport In ordgr lo 8nable e proper underslgn¢Jlng of the accounlg lo b& raached. J3 l R Futcher FCA 818ckwood Futcher & Co. Chartered Accountants 9 Sl Georg•'8 Yard Famharn Surrèy GU9 7LW Page 3

lab Sorkh Foundation CIO ststèment of Flnancial Actlvltles fr*rthe Year Ended 31 MArch 2025 31.3.25 Totsl funrjs 31.3.24 Total funds Unrestricted fund R8Stricled fund Notes INCOME AND ENDOWMENTS FROM Donations and legacies 7,922 145,OC 152,922 102.761 Investrnent income 647 647 3,894 Total 8.569 145,000 153,569 106,eSS EXPEKDITLMIE ON Charltable actlvltles Charitable aclivllies 54,368 94,751 149,119 127,496 NET INCOMEIIEXPENDITURE) 145,7991 50,249 4,450 120,8411 RECONCILIATION OF FUNDS Total funds ixoughl ftsrward 55,354 30,458 85,812 106,653 TOTAL FUNDS CARRIED FORWARD 9,555 ,707 90,262 85,812 The noleg form part oflh8se ffnanciBI stalernents Page 4

Gulab Sorkh Founda￿0￿ CIO Balance Sheet 31 March 2025 31.3.25 Total funds 31.3.24 Tolal funds Unresirlcted fund Re5tr1c fL￿d Notss FIXÈD ASSETS Tan9Sble a5S8ts 873 873 1,164 CURRENT ASSETS D8blo Cash 8tknk 1,061 12.054 1,(61 92.781 80.707 04,579 13,115 80,707 93,822 94.679 cRED￿oRs Amounts l•lllftg d￿1wthln on8 year 14,4331 14.4331 (9.9311 NET CURRENT ASSETS 8,682 80.707 89,3Bg 84,648 TOTALASSETS LESS CURRENT LIA8ILITIES 9,5 80,707 90.262 85,812 NET AS3Efs 9,055 80.707 90,262 85,812 FUNDS Unrestrl¢i•cl fvnd8 R•slrl¢t¢d'.und8 9,5S5 80.707 65,354 80,458 TOTAL FUN08 90,282 85,812 The th8rtlabltr ¢omp8ny Is •ntrlbd lo •x•mptbn from audll under SocllDn 477 of Ihe Comparfo8 Acl 2tP% lor Iha yo•r •nd•d 31 Moreh 2025 Tho rnembor5 hav8 not required the comp8ny to obt81n an audll of ttB flnane1￿ Siatsmenl$ l¢y th? ￿ar ￿ded 31 Mard) 2026 occorddnce wdh Section 476 ofihe Companiès Ad 20QNS. Th• truslaè•#cknowladg• Ihe5r r88ponibllili¢s lor (#) en5uiing that the charllablo rompany kaops ac¢ounlire r•cord5 that comply wNh Serli¢Jnts 386 aod 387 of the Cornpanlea Act 200e and p￿aring fin$n¢lal sta16rn8nl8 whlch glv• a truè and lalr v16w ofthe State of affairs of Ihe thBritsble ¢ompany 88 at Ihe nd of each finBndel year and ol Its 6urplu$ or iJèfi¢lt for each financial year in accordance wllh the qulrmnts ol SoLlions 394 and 395 and which OthpW￿ ¢tsmply wlth lh8 requlremenlg tsf the Companies Act 2LW relAllng tD finandal 8talJmento, ¥0 far86 applicuble lo Ihe charitable ¢ompany. Ibl Th¢s¢ finonctal 8t)l¢m•nts haw propar•d in •¢¢prdanc• wllh th• prtsvlo1oThs appll¢obl• to choritablè rtynp@nlOB Su￿clI0 bi8 8m811 tomp9n￿& regim•. The financial $tstsments wei8 approved by the BD•rd ol TNSt•BS and for Lqauè on and wofy S￿ned on Ils b¢hgifby'. n5- Tru*¢g R Hal(ienty- T The forn part ofth襢finanrAd stat6mants Pa9e 5

Gulab Sorkh Foundation CIO Not85 to the Financlal Statement5 or the Year Ended 31 Ma￿h 2025 ACCOUNTING POLICIES Basi$ of prop8ring the flnanclal statements The linancial statèments of the charitable company, whlch 18 8 public benefit enllly under FRS 102, have begn prèpkred in accordance wth the Charitles SORP IFRS 1021 'Aceouniing and RepDrting by Charities.. St818ment of Re¢omrnended Practice applicabl8 lo ¢harities prepadng their accounts in accordan￿ with the Financial Reportlng Standard appli¢able in the UK and Republ￿ of Ireland IFRS 1021 lèffe¢live 1 January 20191., Financial Reporting Standard 102 Flnancial Reporting StarKlard appllcable In tre UK and Republic of Ireland. and the Cornp8nles Act 2006. The financial statements have been prepared under the hlstorieal oost conventbn. In¢omlng resources All in¢oming resources are accounted for gross. Gifts and rlonatlons Donations Énd gifts are Included In full in the Statemgnl of Flnancial A¢llvilies I'SOFA. I when recdv8ble. Investment In¢ome Inveg:.ment income comprlses interest ré¢elvable on cash balances and Income Irom ewlly Investments.The Income Is recognised on an accrual$ basls. All othor Incomo All other Income is recognised ¥thgn11 Is recelvable. Galns and1088es on Investmènts R&alised galns ar$ recognised when the investments are sold. Unr8allsed galns and Ios8e$ are accountsd for on revaluatlon at 31 MBrch each year. R88ourGg$ us Rg$oiirces expended are 8ccounled foi on an accruals basls and A￿ accounted for gross, Charltabla actlvltl•$ Llablllly Is shown as a ￿th1Or In the balan¢e 8he81. Support costs Supptsrt costs are allocated to charll*le 8Ctlvttles wlthln tho SOFA Tanglble flxed assat$ Tanglbla fixed 8sse¢S are staled at cost lor deemed costl or valuallon less accumu181ed d8preclatSon and accumulated impalrmenl 108ses. Cost Includes costs dlrec(ty atlriiNJtsble to maklng the 898et capable of opera-.ing as Iniended. All assets costlng more than £450 are capilallsed. Depr￿atIon15 provlded on all tanglble assets. al rates e81culated to wfiiti off the cost, less estlmated residual value. of each asset on a systematic basis over Ils expected useful life as follows.. Computer EquirThent - 20% slrarghl line, Taxatlon The charity is exempl from corporatSon lax on Its charitsble adivilles. Funds accountlng Funds held by the charity are.. Unrestricted funds- goneral fijnds whlch can be used lor the charfty ordlnary purposes. Resldcled fund8- al income frtsm trusts wh￿h may be exFEnded only on thos8 restricted objects provlded in the terms of the trust or bequest,. bl donallons or grants recèlved lor a 8peciflc object or Invited by the arlly for a specific objÈel. The lunds may only be expended on tha sp8cifi¢ object forwhlch they we givèn. Any balance remaining unspent at th8 end tsf the year Is carrled fow8rd as a balance on that fund unlesq perrrlssEon 18 sought from doftoFS lo reallocate ihe fijnd. Penslon costs and othèr posl.ret5remont b8neflts The charftable compeny operateg 8 defined contrfbutknn pension scheme. Conlribullons payable to th8 tharilable company s pension scheme arts chargeof lo the Statement L)f Financial Advllies in the period to which they relate. Page 8 continu6d...

&Jlab SrKkh Foundatlon CIO Nots5 to the Financial Statement5- contlnued for the Year Endèd 31 March 2025 ACCOUNTING POLICIES . contlnuèd Current assets Amounts owng to the charity as at 31 March in reS￿¢t of donations or other income are shown as debtors less F,rovlslon ft)r amounts that may prove uncolleciable. Investments Fixec asset Investments are includ&d in the baL2nce sheet al their open mark81 value. Any changès in the valua In the year whether realSsed or not, a￿ reported In Gainslllos8esl on investment8 assets" In the SOFA INVESTMENT INCOME 31.3.25 31.3.24 Bank intèrèst 647 3,894 NET INCOMEIIEXPENDITUREI Net wr¢yn&I{ex￿ttI1lUreI Is staled after ehargingllcredlllngl.. 31.3.25 31.3.24 DeprCcia￿0n - owned assets Hlr8 d plant and machlnery 291 317 291 2.641 TRusfEES' REMUNERATION AND BENEFITS There werè no truslee$' r8muneralion or othar b8nefll8 for the yew ended 31 March 2025 for the year onded 31 Merch 2024. Tru8ts0$' OXP9n$e$ Thgre were no 31 M8rch 2024. trustees, expense$ pald for the y8ar endgd 31 March 2025 nor for thè year ended COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unreslrfcled fund R8strlcl8d fijnd Toial funds INCOME AND ENDOWMENTS FROM Donal on8 and legacles 27.761 75,000 102,761 Inva817)enl Income 3,894 3,894 Total 31.655 75.000 106,655 EXPENDITURE ON Charllable activities Charitable acuvilies 82,954 44,542 127,496 NET IèICOMEIIEXPENDITURE} 151,2991 30,458 120.8411 RECONCIUAMON OF FUNDS Total ljnds brought forward 106,653 106,653 roTPL FUNDS CARRIED FORWARD 55,354 30,458 85,812 Paga 7 contsnued...

lab Srffkh Foundatlon CIO Notes to the Flrbancial Statements- contlnued fortha Yèar Ended 31 March 202S TANGIBLE FIXED ASSETS Computer equiprnènl COST Al 1 April 2024 and 31 March 2025 Y,455 DEPRECIATION Al 1 April 2024 Charge foryear 291 291 At 31 March 2025 582 NET BOOK VALUE At 31 March 2025 873 At 31 March 2024 1,164 DEBTORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 31,3,26 31.3.24 Prepaymènts 1.061 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.2S 31.3.24 Sodal security and other taxeg AGcrued expenses 2,513 1,920 8,041 1,890 4,433 9,931 MOVEMENTIN FUNDS movement In funds Al 31.3.25 At 1.4.24 Unrestrlct8d funds General fund 55,354 145,7991 9,5S5 Restrfctod fund$ Restricted fund 30,458 SO,249 80,7D7 TOTAL FUNDS 85,812 4.450 90,282 Nel movement In funds, included in Iha above are as follows.. Inco￿ng Sources Movement In funds Gxp6ndèd Unre5trlGt•d funds General fund 8.569 154,3681 145,7991 Restrrcted funds Restrioled fund 145.OCK) 194,7511 50,249 TOTAL FUNDS 153,￿9 1149,1191 4,4SO p￿e8 continued...

lab Sorkh Foundation CIO Notss to the Financial Statements- contlnutd forthe Yoar Ended 31 March 2025 MOVEMENT IN FUNDS- continued Compar8tlve8 for movement in funds N81 movement In funds Al 31.3.24 At 1.4.23 Unrestri¢ted funds General fund 106,653 151,2991 55,354 Restrlctèd funds Resliicled fund 30,458 30,458 TOTAL FUNDS 106,653 120.8411 85.812 Comparallve nel movèment in funds, InGluded In the 8bove ara as follows.. Incomlng rèsourcos Resources expended Mov8mènl In funds Unrestrictod fund$ General fund 31,655 182,9541 151,2991 Re8trlct•d funds Restn¢ted fund 75,0011 144.6421 30.458 TOTAL FUNDS 106,651. 1127,4961 120,8411 A current year 12 months prlor y$ar 12 months comblned po811ion18 as tollows.. Ngt movement In funds Al 1.4.23 31,3.25 UnrestrSctgd funds General fund 197,098 9.55S Restrlcted fun(18 Restricted fund 60,707 80,707 TOTAL FUNDS 116,3911 90,262 A cuT￿nI year 12 nlonlhs and prfor year 12 mtsnlhs combined net movement In funds, Included in tho abova 8r& as follows.. Incomln re50ufGd5 Resources expended Movemenl In funds Unrestrietèd funds General fijnd 40,224 1137,3221 197,0981 RestrScted funds RestriGted fund 220,000 1139,2931 80.707 TOTAL FUNDS 260,224 1276.6151 {16,3911 P8ge 9 continLE8d...

Gulab S¢Jrkh Foundatlon CIO Notss to the Financial Statèments- continuad for the Year Ended 31 March 2025 10. RELATED PARTY DISCLOSURES There werè no rola18d party transactions for the year 31 March 2025. Pag8 10

Gulab Sorkh Foundation CIO Dotalled Statement of FinanGlal Activitles for the Year Ended 31 March 2025 31.3.25 31.3.24 INCOME ENDOWMENTS DonatSons and legacles Donations 152,922 102,761 Investmènt income Bank Inleresl 647 3,894 Total Incomkng resour¢es 153,569 106,655 EXPENDITURE Support cost$ Management Wages Consultancv Pen31ons Rent Donallons Insurance FundraisSng receptlons Telophone Accountanc Advertising and marketlng Sundrlgs IT software gnd cOnsL￿at1fyS Travel and subslstence Tr8Sning corL8 Professlona fees 76,096 30,000 164 317 11.740 279 4,480 44,542 60.000 2.641 522 1.228 2,478 574 240 560 3,673 10,603 144 2,928 437 1,083 152 20,266 148,579 127,205 Fln•nc• HMRC penEIUes HMRC Intere8¢ 200 249 Other Deprecletior of computer equlpmenl 291 291 Total resourc&s expended 149,119 127,496 Net Sncomel{exp8ndlturel 120,8411 This page does nDI fomi part of the stalulory financlal stslements Pagefj1