CHARITY REGISTRATION NUMBER: 1199297 Free From Fear CIO Unaudited Financial Statements 31 October 2025 DOW AYER CLAR Chartered accountants 41 Greek Street Stockport Cheshire SK3 8AX TED
Free From Fear CIO Financial Statements Year ended 31 October 2025 Page Trustees, annual report Independent examiner's report to the trustee5 Statement of financial activities Statement of financial position Notes to the financial statements
Free From Fear CIO Trustees, Annual Report Year ended 31 October 2025 The trustees present their report and the unaudited financial ststements of the charity for the year ended 31 October 2025. Referfrnce and administrative details R¢gtstered ¢harity name Free FTOM Fear CIO Charity rÈgistration number 1199297 Principal offic• CIO 3D SolicitOTS Limited The Belmont 89 Middleton Road Crumpsall, Manchester M8 4JY The tNstoes Mr D.Afi. Berke Mls S. Magill Mr D.S. Myerson KC Independent examlner Andrew Bland FCA 41 Greek Street StOGkport Cheshire SK3 8AX Structure. govemance and managwn¢nt Governlng document The charity is registered as a ch8rilable incorporated organisation with the charity commission in England and Wale$ under number 1199297. It is govemed by Tts foundation dated 14 June 2022, as amended 19 January 2023 and 2 February 2023. Organlsatlonal structure The management of the charity is the responslbility of the trustees who are elected and co-LFPted under the terms of the foundation. Any decjsions are taken either at a meeting of the Irustees or by re501ution in lting L)r ekctronic form agreed by a majoiity of the trustees.
Free From Fear CIO Trustees, Annual Report fcontfftuedj Year ended 31 October 2025 Structure. go¥emance and managem&nt(contlntsedJ Recruitsnent and appointmènt of truste9$ Twstees are appointed for a lerrn of four years. New trustees must be appointed by a resolution to be passed at a properly convened meeting of the existing trustee5. In selecting indiwdLJals for appointment regard must be given to the 5ki11s, knovledge and experience needed for the effective administration of the charity. The total number of trustees musl be at thsl three. New trustees are provided with an induction pack including a copy of the current version of the constitution and of the charity's latest Trustees, Annual Report and statement of accounts. I trustees give their time voluntarily and no trustee or conneeted person may receive any remunerakn.on or other benefits, direct or Indicl, from the charity. Objectives and activiti•s Ob5octlves and aims The charity works specffi¢8lly with refugees, evacuees vtho are intemalty displaced and persons facing persecution to achieve its objectives which are.. To weseNe the lives of beneficiaries by providing support and assisting them tts reach safe countries. This includes providing life•SUStaining assistance such as food, safe a¢comrnodation. transport. medical aid and such other related projects that the trustees may from time to time deteTrnine to be necessary to achieve this aim. To relieve the financial hardship and povety of beneficiaries by providing gran15, item5 and services, including Supplying medical aid, and collaborating wth other charities or organis8tions working to prevent or relieve povetty. Publlc benefit The trustees conffrni that en setbng the objectives and aims and planning actrmties they have referred to and given careful consideration to the guidance contained in the Charlly Commission's guidance on public benefit. Achlevèments and perfomiance Charltable activities The ¢harity has assisled at risk and targeted people to evacuate and resetue following its inception after the fall of Kabul in 2021. We have taken a tailored approach to each person or family to ensure that they have been able lo make the most of the opportunities that have been potential available lo them. We have focused on our remaining caseload during this reporting period. This includes resettiemenl 5UPPOrt in the UK and Europe where some benefici31ies have most recently been TelDcated. We have assisted people to secure access to accommodation, including acting as guarantors. We have provided assistance with necessities and we have secured grants lo enable people to access education and training courses. We have acted as link partner and made referrals to other partner charities and local authorities.
Free From Fear CIO Trustees. Annual Report(contlmied) Year ended 31 October 2025 Achlevements and perfomiance fconl1nd) Additionally we have supported a small cohort who remain outside the UK in a war stricken area while awaiting relocation. Thi5 includes working in partnership with extemal legal firms to support the individuals in PTeparing and submitting their asylum applications. Followng the UK Government's rewew, further families queued in our resettlement process have been granted pemiission to enter the UK and we have been resettling them in tandem with our partners. We have also provided logistical advice and risk advice and a5Slslance to BriL"sh legal teams representing evacuees. Where applications have not been answered we have lobbied the govemment and assisted families to obtain legal representstion and we have enjoyed seeing more of our cases achieve succe5S. Flnancial review Financial position The results for the period and the charfty5 financial position at the end of the year are $hown in the attached financial statements. The charity has closed the period with an overall deficit and closing funds of £34,501. Al 31 October 2025 the charity had nel assets of £34.501 12024 - £127,265) of which £38,40112024- £126.7851 wa5 held in cash and £0 12024 £1,500) of that arnount was Testricted. The trustees are satisfied that the balance of the fund is sufficient to cover the anticipaled expenditure of the charty for the foreseeable future. Reserves policy The trustees are satisfied that the level of reserves is acceptable given the Current and perceived ongoing financial obligations of the ¢harity. The SerVeS policy of the ¢har((y is reviewed regularly. Risk managèment The trustees have assessed the major risks to which the charty is exposed and are satisfied that they have taken 811 necessary steps to mits.gale those risks. Intemal risks are minimised by the implemenl*ictrn of procedures for the aulhoiisation of all transactions and proje¢ts. External risk principally relating to the environment th81 the charity is operating in are managed by the trustees researching both polenb'al beneficiaries and their partners abroad. Plans for future perlods The charity will focus ils resources on supporbng our remaining fjaseload of beneficiaries who rernain outsKle the UK in conflirt affected areas while awaiting relocation. We have ceased 811 operations and 5UPPOrt aGTOSS North America, Central America and South America. As part 0¢ this change we have wound down all actsvities in these Tegions and no longer provide services or support the¥e.
Free From Fear CIO Trustees. Annual Report(conLTntsedJ Year ended 31 October 2025 The trustees, annua report was approved on 21 Au9.USt 2026 and signed on behalf of the board of trustees by-. Mr D.S. Myerson KC Trustee
Free From Fear CIO Independent Examinerfs Report to the Trustees of Free From Fear CIO Year ended 31 October 2025 I report lo the Irustees on my examination of the financial staternents of Ffee From Fear CIO Ilhe charrty'l for the year ended 31 October 2025. Responsibilities and ba515 of report As the trustees of the charity you are responsible for the preparation of the financial statements in aGcordance Mriih the requirements of the Charits"es Act 2011 I'the Act'l- I report in respect of my examination of the charity's financial 5tstements carrd out under 5e¢tion 145 of the 2011 Act and in carrwn9 Out my exarnination I have followed all the applicable Diredions given by the Charity Commission under section 14515llbl of the Act. Independent examiner's statement I have completed rny examination. I confirm that no material matters have come lo my attention in connection th the examination giving me cause to believe that in any material respect.. accounting records were not kept in respect of the charity as required by se¢lion 130 of the Act., or the financial statements do not accord with those records", or the financial statements do not comply wth the applicable requirements concerning the fom and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'tme and fair, view vthich is not 8 matter considered as part of an independent exaynination. I have no concerns and have come across no other matters in ¢onnection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Andrew Bland FCA Independent Examiner 41 Greek Street Stockport Cheshire SK3 8AX
Free From Fear CIO Statement of Financial Activities Year ended 31 October 2025 2025 Reslricled funds Total funds 2024 Unrestricted funds Total funds Nots Incoma and andowments Donations and legacies Investment income 29.308 1,020 13,919 43.227 1.020 17,377 1.701 19,078 Total Income 30,328 13.919 44,247 Expenditure ExpenLlilure on charitsble aclivitps Other expenditure Total expenditure 122,941 151 13,919 136.860 151 14)7,472 123,092 13,919 137,011 107.472 Net 8xpendlturg (92,764) 192.7641 188,3941 Transfer5 been funds 1.500 {1,500) Net movement in funds {91.264} 11,5001 {92.7641 188,3941 Re¢onclllatlon of funds Total funds brought forward Total funds carried forward 125,765 1,500 127,265 215,659 34,501 34,501 127,265 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive frorn continuing activities. Thè notes on pages 8 to 14 fomi part ofthese financial statements.
Free From Fear CIO Statement of Flnanclal Positlon 31 October 2025 2025 2024 Note Current assets Debtors Gash at b8nk and in hand 15 5,965 126,7B5 38.401 38,401 132,750 Croditors: amounts falllng due wlthln one yoar Net Cuent assets 16 3.900 5,485 127,265 127.265 34,501 34.501 34,501 Totsl a$sots less current liabilitses Net assets 127.265 Funds of tho charity Restricted funds Unrestricted funds 1,500 125.765 34,501 Total charity funds 18 34,501 127,265 These financial ststements were approved by the board of trustee5 and auth0ri5ed for issue on .2LAugLLSt2026, and are signed on behaf of the board by= Mr D.S. Trustee yerson KC The notss on pages 8 to 14 fomi part of these financial statements.
Free From Fear CIO Notes to the Financial Statements Year ended 31 October 202S General infomialion The charity 15 8 public benefit entity and a registered charity in England and Wales and 15 unincorpoTated. The address of the principal office is CIO 3D SoliGilors Limited. The Belmont. 89 Middleton Road, Crumpsall, Manchester, M8 4JY. Statement of compliance These financial ststements have been prepared in £ompliance wth FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland.. the Slalement of Recommended Practice applicable to charities preparing their accounts in accordance the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021 (Charities SORP IFRS 102118nd the Charities Act 2011. Aeeounling policies Basis of preparation The financial statements have been prepared on the historical cost ba51S, as modified by the revaluation of certain financial assets and liabilities and investment properties measured al faiT value through income or expenditure. The financial statements are prep8reLI in sterting, vthich is the functional currency of the entity. Going concern There are no material Uncertainties about the chartys abilty to continue. Judggmgnts and koy sources of estimation uncertainty The preparation of the financial slatetllents requires management lo make judgements, estim8tes and assumptions that affe¢t the amounts reported. These estimates and judgements are ¢ontinLJally reviewed and are based on experience and other factois, including expectations of future events that are believed to be reasonable under the circumstances. Forelgn currènciÈs Foreign currency transactions are initially recorded in the functional cUency, by applying the spot exchange rate as 81 the date of the transaction. Monetary assets and liabilities denominated in foreign Gurrencies are translated al the exchange rate ruling at the reporb.ng dale, any gains or ltrsses being taken to the statement of financial a¢tivitses. Fund accounting Unrestricted funds are available for use at the discretion of the trustees to fvrther any of the charity's purpose5. Designated funds are unrestiicted funds eamiarked by the trustees for particular fvtufe project or commitment. Restricted funds are subjected to restri¢tions on their expenditure de¢l8red by the donor or through the temis of an appeal, and fall into one of sul>classes: $trIcted irorne funds OT endowment funds.
Free From Fear CIO Notes to the Financial Statements {continUtd? Year ended 31 October 2025 Accounting policies (cotlthued) Incoming resources All incoming resources are included in the slatement of financial activities when entitlement has passed lo the charity., it is probable that the economic benefi15 associated wlh the transaction wll flow to the charity and Ihe amount can be reliably measured. The following specffic policies are applied to parbcular categories of income.. income from donations or grants is recogni5ed when there is evidence of entiuement to the gift. receipt is probable and its amount can be measured reSiabty. legacy income is recognised vhen receipt is probable and enlillement is established. income from dr)nated good5 15 measured at the fair value of the goods unless this is imprartical to measure reliably, in which case the value is derived frorll the cost to the donor or the estimated resale value. Donated facilities and 5eMces are recognised in the accounts when received rf the value can be reliabty measured. No amoun15 ate included for the contribuiion of general volunteers. income from contracts for the suppty of Services is recognised wf(h the delivery of the contracted seN¢e. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and relumed if unspent, in which case il may be regarded as restricted. Resources expended Expenditure is recognised on an accwals basis as 3 5iability is incurred. Expenditure includes any VAT lch cannot be fully recgvered. and 15 classified under headirtgs of the ststement of financial activitie5 to which it relates.. expenditure on raising funds Include$ the costs of all fLdraiSing activiti'es, events, non- charitable trading activities. and the sale of donated goods. expenditure on charitable activities include5 all costs incuried by a charty in undertaking activities that further its charitable aims for the benefrt of ils beneflaTIeS, including those support costs and costs relating to the governance of the charity apportioned to charitable activitie5. other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities. Atl costs are allocated lo expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that act1vity. Shared costs are apportioned between the activities they contribute to on a reasonable. justrfiable and consistent basis. Financial instruments A financial asset or a financial liability is recognised only vthen the charty becomes a p8ty to the ontractual provisions of the instrument. Basic financial instruments are initially recognised at the amount receivable or payable including any related trans8cb.on costs.
Free From Fear CIO Notes to the Financial Statements (eonunued) Year ended 31 October 2025 Accounting pollcies (continued) Financial instruments (Cohllnued) CurTent assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted. Debt instruments are subsequenuy measured at amorbsed cost. Where investments in shares are publicly traded or Iheir fair value can otherwise be measured Teliably, the investment is subsequently rnea5ured al fair value with changes in fair value recognised ith incDme and expenditure. Al other such investrnents are subsequently measured at cost less impaiment. Other financial instruments, including derivatives, are initially recognised al fair value. unless payment for an assel is defer beyond normal business temis tsr financed at a rate of interest that is not a market rate, in thich case the asset is measured al the present value of the future paymenls discounted at a market rate of interest for a similar debt instrument. Other financial instruments are SLJbsequentty measured at fair value, wlh any changes recogni5ed in the statement of financial activfties. with the exception of hedging instruments in a designated hedging relationship. Finanaal assets that are measured at cost or amorbsed cost are reviewed for objective evidence of Impairme at the end of e8¢h reporting dale. If there 15 obiectsve evidence of impairment, an impairment loss is recogni5ed under the appropriate heading in the statement of financial activities in which the initial gain was recognised. For all equity instruments regardle55 of significance, and other financial assets Ihat are individually significant, these are assessed indivic5ually for impaimienl. Other financial assets are either assessed individually or grouped on the ba5Is of similar Gredit risk characteristics. Any reversals of impaimient a recognised immediatdy, to the extent that the reversal does not resLJIt in a carrwng amount of the financial asset that exceeds what the carrying amount would have been h8d the impairment not previously been recognised. Definèd contributlon plans Contributions to defined contribution plans are recogni5ed a5 an expense in the period in thich the related serwce is provided. Prepaid contributions are recognised as an asset to the extent Ih8t the prepayment wll lead to a reduction in future paTrentS or a cash refvnd. When contributions are not expected to be settled v4holly wthin 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present valve basis. The unwndin9 of the discount is recognised as an expense in the period in thich It arises. 10
Free From Fear CIO Notes to the Flnanclal Statements (conithuedj Year ended 31 October 2025 Donations and legacies Unrestricted Funds Restricted Total Funds Funds 2025 Donations Donations Manchester Jewsh Philanthropic 29.308 13,919 43.227 29.308 13,919 43,227 Unreslricled Funds Restricted Total Funds Funds 2024 Donations Donations Manchester Jewish Philanthropic 4,072 10,374 14.446 2.931 7,003 10.374 2,931 17,377 Invastm&nt income Unrestricted Totsl Funds Unrestricted Total Funds Funds 2025 Funds 2024 Bank interest receivable 1,020 1,020 1.701 1,701 Expenditure on charltablg a¢tivlties by fund type Unrestricted Funds Reslricled Total Funds Funds 2025 Direct costs Support costs 14,034 108,907 13,919 27,953 108,907 122,941 13.919 136,860 UnrestTiCted Funds Restri¢ted Totsl Funds Funds 2024 Direct costs Support ¢osls 26,597 79,444 106.041 1,431 28,028 79,444 107.472 1,431 11
Free From Fear CIO Notes to the Financial Statements iconifnued) Year ended 31 October 2025 Expenditure on charitable activities by activity ty Activits"es undertaken directly Support costs Total funds 2025 Total fund 2024 Direct costs Governance costs 27,953 105,982 2,925 108,907 133,935 2,925 105,522 1,950 27.953 136,860 107.472 Analysis of support ¢o$ts Afghan Relief Project Totsl 202S Totsl 2024 Staff costs Premises communicats.ons and IT General office Finance costs Govemance costs Insuran¢e Professional fees 97,327 3.200 3,553 1,288 248 2,925 97,327 3.200 3,553 1,288 248 2,925 64,327 7.323 3.443 1.553 296 1,950 386 166 365 365 108,906 108,906 79.444 Othèr èxpenditurn Unreslri¢led Total Funds un stricted Total Funds Funds 2025 Funds 2024 Interest on tsxation 151 151 10, Net expenditure Net expenditure is slated after ¢hargingll¢reditingl.' 2025 2024 Foreign exchange drfferences 249 11. Independenl examination fees 2025 2024 Fee$ payable to the independent examineT for.. Independent examinats.on of the financial statements 1.170 12
Free From Fear CIO Notes to the Financial Statements (Conllnvedj Year ended 31 October 2025 12. Staff costs The total staff costs and employee benefits for the reporting period are analysed as follows.. 2025 2024 Wages and salaries Social security costs Employer contributions to pension plan 93,824 2,364 1,139 63,976 351 97,327 64,327 The average head count of employees during the year was 4 {2024'. 4}. No employee received employee benefrts of more than £60,000 during the year12024.' Nill. 13. Trust8e remunèration and expense No trustees feceived any remuneration. benefrts 01 expenses from employment with the Gharity or 8 related entity during the period. 14. Transfers between funds The restricted funds comprised of donations and grants received frorn Covington Burfington £13,244 to purchase wsas and the Prisoners of Conscience Appeal £67512024 £2,931) towards the costs of iesettlement tor specific beneficiartes. The resettlement costs relating to thg family for which the £1,500 was being held had been paid by the charity in 2D24, including flights costing £4.281. therefore the funds were transferred from restrscted funds against those costs. 15. Dobtors 2025 2024 Other debtors 5,965 16. Gredltorn: amounts falling due within one year 2025 2024 Accruals and defetred income Social security and other taxes Other credrtors 2,975 169 756 4,680 805 3,900 5,485 17. Penslons and other post retirement beneflts Dèfined contribution plans The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £1.13912024'. £3511. 13
Free From Fear CIO Notes to the Financial Statements fconiknued) Year ended 31 Qctober 2025 18. Analysis of charitable funds Unrestricted funds At Transfers 31 Oct 2025 At 1 Nov 2024 Income Expenditure General funds 125,765 30.328 {123.0921 1,500 34.501 At Transfers 31 Oct 2024 At 1 Nov 2023 Income Expenditure General funds 215,659 16.147 (106,041> 125.765 Restrlcted funds Al 1 Nov 2024 Income Expenditure Transfers 31 Oct 2025 Reslrf¢ted Funds- Afghan relief project 1,500 13,919 (13,9191 11,500) At 1 Nov 2023 Income Expenditure Transfers 31 Oct 2024 Restricted Funds- Afghan relief project 2.931 {1.431} 1.500 19. Analysis of net assets b•twe•n funds Unrestricted Funds Restricted Total Funds Funds 2025 Current assets CreditOTS less than 1 year Net assets 36,401 3,9001 34,501 38,401 {3,9001 34.501 Unrestricted Funds Restricted Total Funds Funds 2024 Current assets Greditors less than 1 year Not assèts 131,250 15,485) 125,765 1.500 132.750 (5,4851 127,265 1.500 20. Rolated p8rt1è8 There were no related party trans8Ctions during the peiiod and ng discknsures are required12024 none). 14