Arhag Annual Report 2019/2020

6 4 Foreword by the Chair Board Members, Executives and Advisors Value for Money 16 7 Foreword by the Chief Executive VFMObjectives 18 8 Principal Activities Trading Position 19 9 Arhag’s Business Model Strategic Aims/Objectives and Risks/Uncertainties 20 10 The Migrant and Refugee (“M&R” ) Hub Corporate Governance 24 11 Arhag’s Performance – Summary View Internal Controls 26 12 Development and Growth Independent Auditor’s Report Financial Statements 30 13 Future Prospects 34 14 Financial Performance CONTENTS Annual Report 2019-2020 3