Arhag Annual Report 2021

CONTENTS Key Management Personnel, Company Secretary, Registered Office and Principal Advisers .................................................... 04 Chair’s Statement ................................................................................... 06 Strategic Report of the Board ................................................................... 08 1. About ARHAG . ..................................................................... 08 Principal Activities .................................................................................. 08 ARHAG’s Vision, Mission & Values ............................................................ 10 ARHAG’s Business Model ........................................................................ 12 The Migrant & Refugee Hub . ................................................................... 13 Risk ...................................................................................................... 14 Our Assets . ........................................................................................... 19 Our People ............................................................................................ 19 Our Growth ........................................................................................... 20 Operational Performance ........................................................................ 21 2 . Financial Performance and Viability Statement . ......................................................... 22 Financial Performance ............................................................................. 22 Viability Statement . ................................................................................ 23 3 . Value for Money Statement ....................................... 24 VfMObjectives ...................................................................................... 26 4 . Corporate Governance ................................................. 27 5 . Statement on Internal Controls . ............................. 30 6 . Statement of the Board’s Responsibilities in Respect of the Strategic Report and the Financial Statements . ............................................ 32 Independent Auditor’s Report . ................................................................ 34 Financial Statements ............................................................................... 38 Annual Report 2020-2021 3