2024-03-31-accounts

Docuslgn Envelope ID.. C2033C2E-66AA471 ￿A8B9-33cDA8641450 Company registration number.. 02S20522 Charity registration number.. 1010397 The Women's Environmental Network Trust IA company limited by guarantee) Annual Report and Financial Statements for the Year Ended 31 March 2024 Field Sullivan Limited 9 Hare & Billet Road Blackheath SE3 ORB

Docusign Envelope ID: C2033C2E-66AA471D.A889.33COAB641450 The Women's Environmental Network Trust Contents Reference and Administrative Details Trustees Report 2to16 Independent Auditor5, Report 17to20 Statement of Financial Activities 21 Balance Sheet 22 Notes to the Financial Statements 23to38

Docuslgn Envelope ID.. C2033C2E-66AA471 D-A8B9-33COA8641450 The Women's Environmental Network Trust Reference and Administrative Details Trustees Momotaz Begum Monique Johnson Charlotte Miller Anupam Parashar Tallulah Staple 1010397 Charity Registratlon Number Company Reglstratlon Number 02520522 The charity is incorporated in England and Wales. Ground Floor 20 Club Row London E2 7EY Reglstered Offlce Auditor Field Sullivan Limited 9 Hare & Billet Road Blackheath SE3 ORB Bankers The Co-operative Bank PIC Central Commercial Branch P.0. Box 250 Skelmersdale WN8 6WT Triodos Bank Deanery Road Bristol BSI SAS Page I

Doctjslgn Envelope ID.. C2033C2E-66AA471 D-A889-33CDAB641450 The Women's Environmental Network Trust Trustees Report The Trustees present their report and the financial statements for the year ended 31 March 2024. This is a dlrectors, report required by s417 of the Companies Act 2006 and all trustees are directors. The financial statements comply with current statutory requlrements and the requirements of the Memorandum & Articles of Association. VISION AND MISSION STATEMENT OUR VISION Wen's vision is of an environmentally sustainable world in which we have achieved gender, ra¢lal and Social justice. Wen's vision is of an environmentally sustainable world in which we have achieved gender, racial and social justice. OUR MISSION Wen's mission is to make the connections between women, health, equality and the environment. Through collectlve action and campaigning we are workSng towards a healthier planet. Wen's mission is to make the connections between women, health, equality and the environment. Through collective action and campaigning we are workSng towards a healthier planet. OUR GOALS To inspire and empower women to take action for a healthier planet Tackle the envlronmental concerns that are closest to women's health and everyday lives, and connect these to national and global movements for change Diversify the environmental sector by bringing more women's voices into the environmental mainstream. particularly marginalised women and women of colour. PRINCIPAL AcfiviTIES Wen engages in activlties that fall under the banners of health, climate change, waste, food and women's empowerment. However, our work aims to highlight the interconnectedness of all these programme areas, as well as that of human health and that of the planet. A defSnlng characteristic of Wen is our unique approach which is grounded in meaningful local action and projects that engage diverse women and communities in shaping high impact campaigning and policy focused work. Across our programmes, we mobilise through participatory approaches and a focus on strong movement buildlng. Health: We raise awareness and provide information to individuals, other organisations, and media on a number of health-related matters such as harmful Chemicals and plastic in mainstream single-use period products, babv products, household products, healthy homes, and safe cosmetics. Women and the wider public look to Wen as a trusted source of information on subjects not covered by mainstream environmental organisations. We also promote and deliver nature based therapeutic health interventions in east London where the Wen office is based. Page 2

Docusign Envelope ID.. C2033C2E-66AA4710-A8Bg-33COAB641450 The Women's Environmental Network Trust Trustees Report Climate change: We provide workshops and talks on the gendered and intersectional aspects of climate change, and advocate for maklng gender, racial and social equity central to policles for decarbonSsing our economy. We take an intersectional feminist approach to the climate crisis exploring how our patriarchal racist capStallst system is both a driver and cause of the climate crisis. We also advocate for women's involvement in decision making at all levels, espetially marginalised women and women of colour. Waste: We raise awareness of the envSronmental impacts of single-use period products and nappies, with a particular focus on the plastic and chemical pollutlon caused by these. We deliver workshops in schools, universities and communSty and women's centres to enable people to make a properly informed choice about whlch period products to use. We also lobby menstrual produrt manufacturers to remove the harmful chemicals and plastic from their products and the government to provide strong legislation around this to protect people and the planet. Food: We run practical workshops and event5 on organic food growing, raise awareness about the health and environmental benefits of local and organic food, and support community gardens with advice, training, networking and access to corporate volunteers. We also seek strategic, borough-wSde and nation-wide interventSons for a more sustainable community-led food system. Women's Empowerment: Wen plays a vital role in amplifying women's and marginalised voices in the environmental sector but also in providing an 'incubator' for women and gender-variant environmental leaders through our participatory approach to volunteering and community engagement. Our feminist leadershSp model of sharing management functions non-hierar¢hically between two Co-Directors and through our Leadership Circle structure that continues to enhance this approach. PRIORITIES AND ACHIEVEMENTS IN 2023-2024 In 2023-2024 our priorities were: Programmes and campaigns: Strengthen our multi-faceted approach across Wen's work, concentrating on three key approaches in our theory of change.. supporting local action -mobilising ideas and feminist leadership - creating local and national campaigns delivered through networks and coalitions Dellver innovative, high impact and radical programmes intluding.. Feminist Green New Deal, Green Babv, Just Food and Climate Transition (Just FA￿) partnership programme funded by the Climate Action Fund and Climate Slsters funded by Propel Strengthen and develop our current programmes and Campaigns including.. _Environmenstrual Campalgn, continuing to strengthen our onllne Week of Action -Tower Hamlets Food Growing Network championing and supporting food growing in the borough -Tower Hamlets Food Partnership - creatlng a fairer, healthier and more sustainable food system Raise our profile and celebrate impact, harnessing the opportunlties created by Increasing our profile through social media, online and in person events Strengthen our internal systems, including developing new policies and processes to better support our staff Page 3

Docuslgn Envelope ID.. C2033C2E-66AA4710-A8B9-33CDAB6414SO The Women's Environmental Network Trust Trustees Report -Real Nappies for London supporting parents to choose cloth nappies throltgh a pan-London voucher scheme and educatlon campaign -soil Sisters delivering therapeutic horticulture in women's refuges in east London Thanks to a small team of dedicated staff, committed volunteers and a supportive board of trustees Wen has undertaken a wide range of activities to further its priorities this year. ACTIVITIES Our work can Include.. education Iby way of workshops, talks, training programmes, and community events) research and information Ileaflets, guides and reports) policy work and campaigning Ithrough partnerships with other organisations in our key programme areas) and building networks and coalitions The activities carried out for the public benefit by the charity can be broadly categorised as follows below. Health Our Green Bab campaign is campalgning for legislation around toxic chemicals in baby and household products while raising awareness of this issue through a grassroots workshop programme with parents and health professionals across the UK. The Green Baby project aims to create a safe and healthy beginnlng for pregnancv, babies and toddlers. Unfortunately, exposure to toxic chemicals and pesticides are a feature of everyday life in our homes, workplaces and in the wider environment. We launched the first Green Baby Day in Jvne 2023 to inform a wider audience around this issue. Our Soil Sisters project continued to deliver therapeutic horticulture in a women's refuges in east London working in partnership with Hestia who provide support and accommodation for women escaping domestic violence. The project co-designs productive gardens on site and delivers year-round health and well-being sessions wSth women at the refuge. We have continued to share our Soil Sisters toolkit this year to enable other refuges across the UK to deliver similar projects. Climate Crlsls We continued to develop our Feminist Green New Deal project this year engaging new audiences and stakeholders around this. The Feminist Green New Deal puts the needs and priorities of women, people of colour and marginalised groups at the heart of all climate policy and action and advocates for a Care-led green recovery from our multiple crises, This year we started to develop our Reproductive Justice and the Climate Emergenry work in partnershlp with Birth Companions which we will be buildlng on this year. We published a joint Feminist Green New Deal policy paper on Reproductive Justice and the Climate Emergency as well as an article on this toplc in the British Medical Journal in January 2024. Page 4

Docuslgn Envelope10: C2033C2E-66AA471D-A889-33CDAB6414SO The Women's Environmental Network Trust Trustees Report We launched our Climate Sisters Tower Hamlets and Hackney programme this year with funding from Propel. This is a three year programme which aims to amplSfy women's and marginalised voices in the climate space through a feminist climate leadership programme. We have been working in partnership with women's and community organisations across the two borouBhs to deliver this exciting and important programme. We continued to develop our'why is Climote Justice o Feminist Issue?, blog series to showcase dlfferent volces. Wen contSnues to be part of the Women & Gender Constltuency's advocacy group where we amplify a joint message around Feminist Climate Justice working in solidarSty with women's and feminist organlsations from the Global South and Global North, Waste Envlronmenstrual Campalgn We continued to develop our Environmenstrual Campaign this year. The campaign aims to raise awareness of the plastic and harmful chemica15 in mainstream sSngle-use period products,. tackle period stigma and taboo, champlon biodegradables and reusables and promote the correct disposal of single-use period products so that they don't end up in our rlver5, seas and beaches. In October we convened the sixth Envlronmenstrual Week of Attlon with n online panel event alongside other onllne events. Our Environmenstrual Ambassadors continued to deliver Environmenstrual workshops during the year. This en8bled us to reach a wider audience and extend our reach throughout the UK. We also expanded our Environmenstrual Coalition made up of over 60 organisations, reusable and plastic-free menstrual companies and activists. Menstruation, Empowerment and Sustalnablllty IMENSY) Project In January 2024 we received funding from the European Union Erasmus programme to work wlth seven EU country partners on a two year project on 'Menstruation, Empowerment and Sustainablllty (MENSYI,. MENSY is a groundbreaking initiative designed to amplify the impact of partner organisations In the feminSst and environmental sectors, focusing on youth engagement. It aims to create a comprehensive sulte of trainlng resources on menstruation and sustainability, incorporating proven elements from existing programmes and scaling them for use across Europe and beyond. Thls year Wen has also partnered with the North London Waste Authorlty INLWAI to deliver a behaviour change project to increase the purchase and use of reusable period products by north Londoners. The project aims to educate, train and raise awareness among women and glrls and all those who menstruate about making the change to reusable period products. We're worklng across seven London boroughs 8arnet, Camden, Enfield, Hackney, Haringey, Islington and Waltham Forest. The project includes a campaign website called "Reduce, Reuse, Your Cycle" with information, videos, dlscount codes and a savings calculator. The website Is being supported by a communications campaign run by NLWA, including on-street advertising and organic and paid social media. The ad campalgn features real people who have made the switch to reusables, normalising their use and encouraging other5 to take up the behaviour, Page 5

Docusign Envelope ID.. C2033C2E-86AA4710-A889-33CDAB641450 The Women's Environmental Network Trust Trustees Report Real Napples for London IRNfL) contlnued to champion cloth nappy use across 11 London boroughs through the voucher scheme which Incentivises and supports parents to try cloth napples. The scheme carried out over 50 outreach events this year varylng from online reusable nappy demonstrations to online support sessions and in-person nappy demonstrations to 'Reusable Nappy Meet and Give & Take, events where parents can pass-on no longer needed reusable nappies, baby clothes and maternity wear for free. We have received interest and actSve engagement from other London Boroughs to partlcipate with the voucher Sncentive scheme helping to support Real Nappies for London widen its reach to engage more families to use reusable nappies. We took part in Reusable Nappy Week Sn April 2023. Food This year we have continued to deliver and develop our Just FAcf ljvst Food and Climate Transition) project, a 5 year partnership programme aimed at creating a tried and tested blueprint for a climate-friendly food system that works better for the happiness, health and wellbeSng of communities in Tower Hamlets, East London. Wen is the lead organisation working in partnership with ten local partners, including Platform, supporting community-led solutions for a sustainable and socially just urban food system. Funded by the National Lottery Climate Action Fund ICAFI, the programme seeks to build community power and ampllfy voices that don't normally get heard to radically re-shape the local food system. Although the project is local to Tower Hamlets, it is designing a model that Can be used in other urban areas and amplified through the national and international good food movements that Wen are part of. As part of this project we have been developing the community space at Limborough House {in Mile End in Tower Hamlets, London) into a thriving food hub for local residents on the Burdett Estate, in partnership with Poplar HARCA housing association and local partners. Limborough Food Hub, comprising a community garden, greenhouse, kitchen and workshop space in Mile End, is becoming an active community space, where we run regular cookin8 and growing workshops throughout the year. The Food Store, a pantry for residents and the wider community located at the Limborough Food Hub, is open every week. This year the CAF awarded us an extra grant to enable us to make onward grants to local community organisations and Sndividuals working on food justlce projects In the borough. We funded ten projects vla our participatory grants making process, with £168,168 granted across the projects. The fundlng will see a new Food and Land Justice Resource Centre established at Kingsley Hall in Tower Hamlets and a Sussex farm beginning to grow crops that meet the needs of Tower Hamlets, global community. A variety of grassroots groups have been funded including youth collective Somos Semillas, as well as more established community organisations such as Providence Grow. Onward grant making on behalf of the Climate Action Fund has enabled us to try out more participatory approaches to funding projects, putting more power in the hands of local people to make decisions. We continued to develop and strengthen the Tower Hamlets Food Partnership this year. The Partnership, which is part of the Sustainable Food Places Network, works with the local council, Public Health and community organisations to develop strategic interventions for a better food system in the borough. Through the Tower Hamlets Food Partnership and our Just FACT programme, which Wen is coordinating, we are championing sustainable food policies and addressing food poverty in the borough, As part of this work, Wen's Food Coop Strategy & Development Lead has been developing a long-term plan for Food Coops in Tower Hamlets, includin8 exploring how they might transition to a more financially resilient model. Page 6

Docusign Envelope ID.. C2033C2E-68AA471D-A889-33COA8641450 The Women's Environmental Network Trust Trustees Report We continued to build the Tower Hamlets Food Growers Network which remains a brllliant example of a thriving and active community network of food growers. It is a vital part of our local work helping to engage and mobllise a diverse audience for Wen's work. Our popular seasonal gatherings bring people together from across the borough to learn about food growing and other envSronmental issues. with workshops, talks, stalls, a shared community lunch and tovr of local communlty gardens. We organised four seasonal gatherings this year at different community venues. This year we continued work on the FoodSEqual project- a 5-year research programme funded by UKRI and led by the University of Reading. As part of FoodSEqual, Wen has joined a partnership of universitles, community groups and organSsations working alongside local communities to create a better food envSronment. As part of this project, Wen and University of Sussex are running a new community research programme centred around the St George's Estate, Shadwell lin Tower Hamlets, London), exploring the role food plays in people's lives and the importance of history, culture and heritage to our food habits. Women's Empowerment Our Wen Forum events continue to explore issue5 around feminism and the environment. We held three events this year on the following topics: July 2023 - 'What would a feminist approach to food justice look like?, lin person event held at the Museum of Manchesterl October 2023 Environmenstrual Festival focus on the call for a Menstrual Health, Sustainability and Dignity Act lonline event) Marth 2024 - 'Why is gender, racial and social equity key to addressing the cllmate crisis?, (ln person event held in Londonl We have continued to develop our 'Why's Climote Justice a Feminist155ue?' blog serles featuring a diverse range of contributors. Our femlnlst leadership structure aims to build the confidence and skllls of Wen team members, allowing greater participation in organisational decision-making. Campaigning and Pollcy Wen works at the grassroots and policy level helping to bridge this divide and ensuring that grassroots perspectives are part of policy making. Our Climate Sisters project is nurturing marginalised women's climate leadership through a feminist leadership course informing our Feminist Green New Deal policy asks and campaignin& advocating for inclusive climate policy rooted in the priorities of women and marginalised groups. Our Environmenstrual Campaign is calling on the government to implement a Menstrual Health Di nit and Sustainabilit Act to address health and waste impacts, period equity, education, regulation and existing stigma and taboos. Our Green Bab campaign is campaigning for legislation around toxic chemicals in baby and household products while raising awareness of this issue through a grassroots workshop programme with parents and health professionals across the UK. Page 7

Docuslgn Envelope ID.. C2033C2E-66AA471 D-A8B9-33CDAB641450 The Women's Environmental Network Trust Trustees Report As well as our policy and campaign work through the Feminist Green New Deal, Green Baby, Environmenstrual, Just FACT and the Tower Hamlets Food Partnership, Wen campaigned for more just and sustainable food systems through our membership of the Sustainable Food Cities, the UK Food Group, Sustain and the Capital Growth Working Party. We are members of the Gender and Development Network IGADNI as well as the Women & Gender Constituency part of the UNFCC. We are also part of the Feminist Green New Deal Coalltion convened bv WEDO (Women's Environment & Development Organisationl and are a signatory to their Feminist Green New Deal Set of Principles, We are also part of the Wednesday4Women group advocating for gender equality as well as The Climate Justice Coalition and The Climate Coalition. Organisatlonal Capacity Buildlng We continue to reflne our feminist leadership structure sharing responsibility among two Co-Directors, four working groups and a Leadership Circle. We are proud to be trailblazing a feminist leadership model, challenging traditional power structures and inviting staff to co-design our ways of working. Our working group structure involves members from across the Wen staff team in order to encourage greater participation around decision-making and to address imbalances In power and privilege in the organisation. Membership and Supporters We contSnued to invest time and energy into developing our membershlp and supporter base In order to provide a greater source of untled income with which to deliver against our charitable objects. This also strengthens Wen's network helping to grow a movement of people who are passionate about intersectional feminism and the environment. A key part of this has been organising regular Wen Forum: feminism and the environment in conversation events, These events focus on a core Wen topic and feature speakers and panel discusslons from a wide range of actors in the field, stalls and a networking reception (for in~person events). They have been an effective way to increase our proflle and supporter base and our press coverage as well as develop new partnerships and wider networks. This year we took steps to improve our external communications with particular focus on developing our social media profile and increasing our supporter base in order to increase our organisational profile. We further consolidated and developed our brand and website, and posted regular blogs as well as increasing our X and Instagram followers. The growth of our Green Baby Campaign, our Environmenstrual Campaign, our Climate Sisters, Feminist Green New Deal and Just FACT programmes has continued to enable us to reach a much wider audience through social medla and through the press, Increaslng our supporter base contlnues to form a core part of our strategic priorities. We send out a monthly e-newsletter to supporters, as well as a local food newsletter for Tower Hamlets resldents. Our list of supporters continues to grow, and we increased our supporters between 1st April 2023 and 31st March 2024 by the following amounts.. Insta8ram Wen followers.. from.. 7420 to 7710 Instagram Environmenstrual followers from.. 4209 to 4364 . Facebook followers stayed the same at 4400 . X followers from 6275 to 6300 Linkedln - 2000. Supporters (including Wen members).. from 4368 to 4703. Wen remains extremely grateful for all the support and dedication it receives from members and supporters alike. STRUCTURE, GOVERNANCE, AND MANAGEMENT STRUCTURE Wen comprises a Board of Trustees las listed below), a national office and a tommunity hub in London run by staff and volunteers, as well as a membership base of individuals and affiliated organisations. It has a number of ambassadors; prominent women prepared to lend their name to help raise the public profile of the organisation but who play no part in the direction of the Trust. Page 8

Docusign Envelope ID.. C2033C2E-66AA471D-A889-33CDAB641450 The Women's Environmental Network Trust Trustees Report Nature of governlng document The organisation is a charitable company limited by guarantee as defined by the Companies Act 2006, company registration number 02520522 and registered as a charSty with the Charity Commission, charity registration number 1010397. The company was established under a Memorandum and Articles of Association which established the objects and powers of the charitable company and is governed by its Articles of Association. Governance We are very grateful to all of our trustees, past and present, for their energy and support. The trustees who Se￿ed during the year and on the date the annual report was approved were: Estelle Dehon {reslgned March 20231 Tracey Angela Pritchard Iresigned July 20231 Momtaz Ajid (Full name Momotaz Beguml Jenna Norman Iresigned July 20241 Isabel Bull (resigned April 20241 Charlotte Miller Monique Johnson (Chair - appointed July 20231 Tallulah Staple (Treasurer- appolnted July 20231 Anupam Parashar lappointed July 20231 Amiera Sawas lappointed 14110/241 Suna Ramadan lappointed 141101241 It is the responsibillty of the Board of Trustees to identify if additional skills are required on the board. Where this is the case, the board actively recruits new trustees, either through its own network or in appropriate newsletters. All new trustees recelve a welcome pack, induction and do governance training. The trustees, in conjunction with key staff, continue to identify the main risks to which the charity is exposed. Management The staff team at Wen operates a consensus-based form of decision making to run the day-to-day running of the organisation, through a management team of two Co-Directors, four working groups and a Leadership Circle comprised of senior staff and representative members of the Wen staff team. Management functlons such as HR, finance oversight, strategy, communications and engagement, partnerships, campaigns and programmes and IT oversight are shared between the Co-Directors, Head of Organisational Development role, Head of Programmes and the Leadership Circle. Page 9

Do¢u$ign Envelope ID.. C2033C2E-66AA471 D-A8Bg-33CDAB641450 The Women's Environmental Network Trust Trustees Report A total of 12 regular volunteers supported our work throughout the year. Volunteers have always been absolutely vital to Wen's work. Wen is a hub for passionate and insplrSng people, and staff, trustees and volunteers alike have much to contribute and learn from each other. We are continually grateful for all our volunteers, dedication, enthusiasm and inspiration. FINANCIAL REVIEW Funding Sources Wen is funded by grants, donations, programme delivery contracts, membership fees, and a small amount of income from sales of goods. The Trustees of Wen are pleased to report another successful year of increase in revenue. Total Incoming Resources were £1.116.723 up 7% on the previous year l£1,039,6441. In this continuingly difficult economic environment, the trustees are extremely grateful to all funders, members and donors. The increased revenue justifies the tireless work of the management team and staff in advancing the charitable objectives of the Trust. Financial strength Our financial strength has fluctuated in the last few years, but Wen's flnancial position remains strong, Although Trustees are consclou5 of the fact that they need to increase the level of their free reserves they are satisfied with progress to date. Reserves Total Reserves at 31 March 2024 stand at £372,423, a decrease on the 2023 balance of £473,591. However, get)eral reserves at the same date stand 11(/i hSgher than the previous year at £182,353 12023.. £164,102}. General reserves are calculated 25 total reseNes of £372,42312023: £473,591) less restricted reserves of E190,070 12023: £309,489). Withln the figure for gener31 reserves is a designated reserve of £31,22612023.' £33,8811 relating to our reusable nappies programme, deducting this leaves a free reseNes balance of £151,12712023.. £130,221). The fall in restrl¢ted reseNes relates to the spending down of funds received towards the end of 2022123 restricted to various projects and expected to be spent in the year. The approved budget for 2024-25 has a level of operating costs of £985,000 lexcluding payments to JustFACT partners). Required free reserves, according to our own policy, of three months operating costs for the year ahead would be £246,000 so there remains a shortfall of £94,873. However, the income in the 2024-25 budget is largely secured from existing grant agreements and the risk is therefore not as high as would first appear. Trustees will seek to increase the level of free reserves but consider the current position acceptable, Page 10

Docuslgn Envelope ID.. C2033C2E.66AA471D-A8B9-33CDAB641450 The Women's Envlronmental Network Trust Trustees Report Rlsk Statement The major risks facing the charity are that the trustee board is too small to support the strategy of development for Wen, Ios5 of key staff lin particular the Co-Dire¢torl. and the challenge of securing funding for our work. We continue to address these risks in the short and long term through.. We have sought to recruit new board members and especially a new Treasurer. These have now taken up their positions, but this risk will continue to be monitored,. Diversifying our income streams, reducing reliance on project fundin8, and increasing membership, donatSon income and core funding by raising our profile through exciting and relevant activities and campaigns; Investing in staff training, HR and wellbelng, and conducting annual salary reviews to ensure that staff are being fairly renumerated for their work,. and We are reviewing our senior leadership roles durlng a transition period of 12-18 months, working with a strategist to ensure the most effective and resilient structure for the organisation going forward. Trustees continue to monitor and take action to address organisatSonal risks at each board meeting. LOOKING AHEAD Cost ol Llvlng Crisis We envisage that the cost of living crisis will continue to have a significant impact on our funding and on our programmes and will particularly affect the communities we work with. Addressing the cost of living crisis alongside the cllmate/biodiversity and equality crisis continues to be an intrinsic part of our work, New 5 Year Strategy12024-20291 We are currently rolllng out our new 5 year strategy and will do an official launch in the autumn. Our new strategv aligns with the current challenge5 facing the UK of creating a green, fair and caring economy, especially in light of the cost of living, equality and climate crises. We will campalgn for environmental, gender, racial and social justice to be at the centre of this economy and will work in solidarity with other organisations and movements working on systemic change in order to have a greater collective impact. The broad areas for development over the next two years at the time of writing were as follows.. Power and Prlvllege We are actively striving to be a truly intersectional feminist, incluslve and anti-racist organisation. We recognlse that the environmental movement has not historically included an anti-racist or intersectional feminist analysis in its work. We want to play our part in changing this and helping to build a more inclusive and diverse environmental movement putting people of colour, women and margSnalised groups at the centre, including LGBTQ+ and disabled people. We are in the process of doing this through internal change as an organisation, through all our programmes and campaigns and how we speak externally. Our Intersectional Feminist Working Group are leading this work wlthin Wen and have developed an Action Plan, coverin£ key areas around governance, recruitment, organisational culture and communications, which we are in the process of implementing. Page 11

Do¢uslon Envelope ID.. C2033C2E46AA471D.A8B9-33CDAB641450 The Women's Environmental Network Trust Trustees Report Building flnancial reslllence We will contSnue to diversify and strengthen our income streams to ensure flnancial sustainability. This wlll involve self-generated income and building our unrestricted income through sponsorship and donations. We will continue to focus on increasing our supporter base as well as developing major donors and company partnerships, in particular through the Iyo for the Planet scheme. Building our brand within our target audiences will help to build our profSle and supporter base. We plan to focus particularly on media relations this year to build our profile and impact working with an external consultant to develop Wen's in-house medla relations capacity. Extend our reath: partnerships and campalgns We will continue to bulld a wlde network of partners and supporters who Share our vision through a multi-faceted approach. The main avenues for this work will be the Feminist Green New Deal programme Includin8 the Climate Sisters Tower Hamlets & Hackney project, the Just Food & Climate Transition (Just FAcfi programme. the Wen Forum, the Green Baby Campaign, the Environmenstrual Campaign, the Real Nappies for London project, the Tower Hamlets Food Growing Network, and Food Partnershlp. We will continue to deliver and develop our Green Baby programme, raising awareness around toxic chemicals in baby and household products, havlng secured funding for thi5 from Weleda, The Savitri Trust and Natracare. We will share the Green Baby Factsheet through a social media campaign and hold the second Green Baby Day on the 12th June 2024 alongside a Green Baby Wen Forum event focusing on toxic chemicals and the gendered and racial angle to engage a wide audience in this topic. We will aim to dlversify the mainstream environmental movement by bringing a wider range of actors together to build a more inclusive and effèctive environmental movement. Our Climate Sisters Tower Hamlets & Hacknev project in particular will continue to focus on thSs, Ilnking grassroots women with policy makers In the the environmental and climate arena with high profile events to showcase the Climate Sisters priorities for climate action. Our first Climate Sisters showcase event will take place at The Barbican in July this year. Expanding this programme nationally w511 also contribute to this aim so we are seeking funding to enable this. We will focus on championing an intersectional feminist approach to climate justice. We wlll continue to increase our media presence through our communications Strategy, including working with our ambassadors and further developing our soclal media profile. We wlll use our social media platforms to reach new audiences. These partnerships will help inform and guide our project and campaigning work over the coming years, within our key programme areas. Page 12

Docuslgn Envelope ID.. C2033C2E-66AA4710-A889-33CDAB647450 The Women's Environmental Network Trust Trustees Report Internal systems & management We wlll continue to strengthen our HR, financial and IT systems to ensure that staff and volunteers are well supported in their work. We will regularly update our key policies, procedures and employee handbook5 to ensure that Wen is meeting all of its obligations as an employer and charitable organisation. We have appointed a Co-chair, Amelra Sawas, to the board to work alongslde our current Chair, Monique Johnson. They will both serve as Co-chairs to share the workload. The Co-chair model fits with the organisational Co-Director approach. Developlng programmes that combine local a¢tlon with high impact change This commitment to continue to link our campaigns with our local grassroots work transcends the boundaries of our programme areas. We aim to link our local work more expllcitly to the climate crisis and how local action is key to addressing this. We hope to be able to expand our Climate Sisters project Icurrently focused in Tower Hamlets and Hackney in London) to other areas in the UK such as Manchester, other London boroughs and Scotland. We are also committed to continue to hold events outside of London in order to engage communities around the country in Wen's work. This has already been put into practice by holding a Wen Forum event in Manchester in July 2023 as well as delivering Feminist Green New Deal workshops across the UK. We will continue to develop our programmes and campaigns this year including.. Our Feminist Green New Deal UK programme. In particular our Reproductive Justice and the Climate Emergency work building on our joint paper with Birth Companlons on this toplc Ipart of the Feminist Green New Deal policy paper series). We plan to develop a programme of work across the UK on this issue working in partnership with Birth Companions and others Climate Sisters programme Just FACT- A Just Food and Climate Transition - in Tower Hamlets Environmenstrual Campaign Green Baby Our Nature for Wellbeing programme including the Soil Slsters project Real Nappies for London - explore the expansion of this voucher scheme beyond London Women's empowerment We plan to seek further funding to develop our Climate Sisters, project.. Locol Women of the World at the Climate Table beyond Tower Hamlets and Hackney focuslng on Manchester and the North West and GlasgowlEdinburgh and Seotland. The Climate Sisters project emerged out of the Feminist Green New Deal prolect. It engages marginalised women In a 12-week Feminist Climate Leadership programme. We want to support these women to amplify their voices and ensure that their priorities and concerns are central to the new green economy. We wlll continue to develop our feminist leadership model and will share our learning of this approach with interested organisations and researchers. Page 13

Docuslgn Envelope ID.. C2033C2E-66AA471D-A889-33CDAB641450 The Women's Environmental Network Trust Trustees Report Cllmate Crlsls Through our Feminist Green New Deal UK project and campaign, we will continue to champion an intersectional feminist approach to the climate, cost of living and equality crises, especially in the lead up to the general election in July 2024. We will continue to advocate for a green, caring economy putting care and equality at the centre of Green New Deal plans and policies. We will continue to engage different audiences in this dialogue through our grassroots workshop programme, discussion papers and events. We plan to publish a policy paper on.. Gender and Toxic Chemicals and hold a parliamentary event on this topic. We will continue to develop our Why is Climote Justice o Feminist IssueP blog series to showcase different voices. Food We will continue to develop our Just FAcf - A Just Food and Climate Transition- programme over the next year engaging local residents in Tower Hamlets through our ten partner organisations, enabling them to inform local food and climate policy and to take practical action towards a sustainable food system in the borough. We will continue to champion community food growing in Tower Hamlets and provide support, training and networking through the Tower Hamlets Food Growing Network. We will build upon and strengthen the Tower Hamlets Food Partnership, recrulting new steering group members, and linking the cost of living crisis with community food growing and health and well-being efforts in the borough. We plan to publish a Feminist Green New Deal policy paper on food justice working In partnership with our food programmes to showcase best practice locally and nationally. Health We will continue to promote and deliver nature based therapeutic health interventions. Through the Soil Sisters toolkit we will continue to share the learnings from this project and advocate for similar approaches and projerts to be rolled out across refuges in the UK. We plan to further develop our Nature & Wellbeing programme area securing funding to take this work forward over the next five years, including seeking the continuation of our Soil Sisters project. We plan to develop a Green Baby Coalition to advocate for stronger legislation around toxic chemicals and to raise wareness of the health and environmental impacts of this exposure. This will form part of our Reproductive Justice and the Climate Emergency work. Waste We will continue to develop our Environmenstrual Campaign by expanding the Envlronmenstrual Coalition and the Envlronmenstrual Week of Action and organising the Wen Forum Environmenstrual Festival. This year we will be looking to the new UK government to enact a Menstrual Health, Dignity and Sustalnability Act which would conslder the health and waste impacts of menstruation, equity and dignity, period poverty, education and regulation while also challenging exlsting stigma and taboos. We will continue to lobby the government around legislation to prevent companies using harmful chemicals in their period products and for transparency of the ingredients that are in these products. During World Continence Week in 117-23 June 20241 we will be launching our updated No Laughing Matter brieflng on stress incontinence in order to break down the taboo of this topic and to start a debate on the role that reusables could play to address this. Page 14

Docusign Envelope ID.. C2033C2E-66AA471 D-A8B9.33COA8641450 The Women's Environmental Network Trust Trustees Report We will expand the delivery of our Environmenstrual workshops to women, glrls and people who menstruate on menstrual health in schools, universities, companSes, community and women's centres, in particular working with local councils to deliver training to their residents through schools and social care settings. We will continue to develop our Envlronmenstrual Ambassador programme to enable Ambassadors to deliver workshops across the UK. In partnership with our Environmenstrual Coalition partner5 we will continue to lobby manufacturers to remove plastic and harmful chemicals from their products and urge retailers to stock more reusable and plastic-free and organic cotton disposable period products. We will continue to deliver our Menstruation, Empowerment and Sustainabi1Sty IMENSYI project funded by the European Union Erasmus plus programme with our seven EU country partners. We will be working in partnership with the Pesticide Action Network {PANI to produce a report on Pesticides in Period Products which will be launched later this year. We plan to continue to champion cloth nappy use through our Real Nappies for London IRNfLI prolect, supporting parents to make the swltch to reusable nappies. We hope to expand the RNfL projert to work in more boroughs in London thls year and to develop a plan to take it beyond London next year. Statement of Responslblllties The trustees (who are also the directors of The Women's Environmental Network Trust for the purposes of company lawl are responsible for preparlng the trustees, report 2nd the financial statements Sn accordance with applicable law and United Kingdom Accounting Standards Iunited Kingdom Generally Accepted Accounting Practicel. including FRS 102 'The Flnancial Reportin8 Standard applicable in the UK and Republic of Ireland" The report and accounts have been prepared in accordance with the provSsions in the Companles Act 2006 relating to small companies. Company law requires the trustees to prepare financial statement5 for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they glve a true and fair view of the state of affalrs of the charitable company and of the incoming resources and application of resources, including its income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to.. select suitable accountlng policie5 and apply them consistently,. observe the methods and principles in the Charities SORP: make judgements and estimates that are reasonable and prudent,. state whether applicable accounting standards, comprising FRS 102 have been followed, subject to any material departures disclosed and explalned in the financial statements,. and prepare the financial statements on the goin8 concern basis unless it is inappropriate to presume that the charitable company will continue in business. The trustees are responsible for keeping proper accounting records that can disclose wlth reasonable accuracy at any time the flnancial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Page 15

Docusign Envelope ID.. C2033C2E46AA471D-A8B9-33CDAB841450 The Women's Environmental Network Trust Trustees Report The trustees are responsible for the maintenance and Integrity of the corporate and financial information included on the charitable company's website. Leglslation governing the preparation and dlssemination of financial statement5 may differ from leglslation in other jurisdictions. Dlsclosure of Information to audltor Each trustee has taken step5 that they ought to have taken as a trustee in order to make themselves aware of any relevant audit information and to establish that the charity's auditor is aware of that information. The trustees confirm that there is no relevant information that they know of and of whlch they know the auditor is unaware. Small companies provlslon statement This report has been prepared in accordance with the small companies regime under the Companies Act 2006. Approved by the trustees of the charity on 12 November 2024 and signed on its behalf by.. Slgn¢rf by.. 339CEBSF047E4EO... Monlque Johnson Trustee Page 16

Oocusign Envelope ID.. C2033C2E-66AA471 D-A8B9-33CDAB641450 The Women's Environmental Network Trust Independent Auditor's Report to the Members of The Women's Environmental Network Trust Oplnlon We have audited the financial statements of The Women's Environmental'Network Trust Ithe 'charity'l for the year ended 31 March 2024, which comprise the Statement of Financial Activities, Balance Sheet, and Notes to the Financial Statements, including a summary of significant accounting policies. The financial reportlng framework that has been applied in their preparation is United Kingdom Accounting Standards, comprising Charities SORP FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and applicable law Iunited Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements.. give a true and fair view of the state of the charity's affairs as at 31 March 2024 and of its incoming resource5 and applScatlon of resources, including its income and expenditure, for the year then ended; have been properly prepared in accordance with United Klngdom Generally Accepted Accounting Practlce: and have been prepared in accordance with the requirements of the Companies Act 2006. Basis for opinlon We conducted our audit in accordance with International Standards on Auditing IUKI IISAS IUKII and applicable law. Our responsibilities under those standards are further described in the auditor responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requlrements that are relevant to our audit of the financial statements in the UK, includlng the FRC'S Ethic21 standard, and the provisions available for small entities, in the circumstances set out in note to the financial statements, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion, Concluslons relatlng to going concern In auditing the financial statements, we have concluded that the trustees use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, Sndividually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue. Our responsibllitles and the responsibilities of the trustees with respect to going concern are described In the relevant sections of this report. Other information The trustees are responsible for the other information. The other Information comprises the information included in the annual report, other than the financial statements and our auditorfs report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated Sn our report, we do not expres5 any form of assurance conclusion thereon. Page 17

Docusign Envelope ID.. C2033C2E-66AA471D.A8B9.33COA8641450 The Women's Envlronmental Network Trust Independent Auditor's Report to the Members of The Women's Environmental Network Trust In connectSon with our audit of the flnancial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent wlth the flnancial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such materi31 Inconsistencies or apparent material misstatements, we are requlred to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material mlsstatement of this other information, we are required to report that fact. We have nothing to report in this regard. Oplnlon on other matter prescrlbed by the CompanlesAct 2006 In our opinion, based on the work undertaken in the course of the audit.. the information given in the Trustees Report for the financial year for which the financlal statements are prepared Is conslstent with the financlal statements,. and the Trustees Report has been prepared in accordance with applicable legal requirements. Matters on whlch we are requlred to report by exception In the light of our knowledge and understanding of the charity and its environment obtained in the course of the audlt. we have not identified material misstatements In the Trustees Report. We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion: adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us,. or the financial statements are not In agreement with the accounting records and returns: or certain disclosures of trustees remuneration specified by law are not made; or we have not received all the information and explanations we require for our audit. Responsibilitles of trustees As explained more fully in the Statement of Responsibilities (set out on page IS and 16}, the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statement5, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the golng concern basis of accountin8 unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so. Page 18

Docuslgn Envelope ID.. C2033C2E-66AA4710-A8B9-33CDAB641450 The Women's Environmental Network Trust Independent Auditor's Report to the Members of The Women's Environmental Network Trust Audltor responslbllltles for the audlt of the flnanclal Statements Our objectives are to obtain reasonable assurance about whether the financSal statements as 3 whole are free from material misstatement, whether due to fraud or error, and to issue an audltor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted In accordance with ISAS IUKI will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below.. Discussions were held with the management committee with a view to identifying those laws and regulations that could be expected to have a material impact on the financial statements. The following laws and regulations were identified as being of significance to the entity.. Those laws and regulations considered to have a direct effect on the financial statements include UK financial reporting standards. Companies Act 2006, The Charities Act 2011, Employment Law and Pension Regulations. Audit procedures undertaken in response to the potential risks relating to irregularities (which include fraud and non-compllance with laws and regulations) comprised of.. inquiries of management and those charged with governance as to whether the entity complies with such laws and regulation5; enquiries with the Same concerning any actual or potential litigation or claims; inspection of relevant legal correspondence,. review of board minutes,. testing the appropriateness of entries in the nominal ledger, including journal entries,. reviewing transactions around the end of the reporting period,. and the performance of analytical procedures to identify unexpected movements in account balances which may be indicative of fraud. No instances of material non-compliance were identified. However, the likelihood of detecting irregularities, including fraud, is limited by the inherent difficulty in detecting irregularitles, the effectivenesg of the entitws controls, and the nature, tlming and extent of the audit procedures performed. Irregularities that result from fraud mlght be Inherently more difficult to detect than irregularities that result from error. As explained above, there is an unavoidable risk that material misstatements may not be detected, even though the audit has been planned and performed In accordance with ISAS IUKI. A further description of our responsibilities for the audit of the financlal Statements is located on the Financial Reporting Council's website at.. https://www.frc.or8.uk/auditorsresponsibilities. This description forms part of our auditorfs report. Use of our report This report is made solely to the charitable company's trustees, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permStted by law, we do not accept or assume responsibility to anyone other than the charitable company and Its trustees as a body, for our audit work. for this report, or for the opinions we have formed. Page 19

Docuslgn Envelope ID.. C2033C2E-66AA471 D-A8Bg-33CDAB641450 The Women's Environmental Network Trust Independent Auditor's Report to the Members of The Women's Environmental Network Trust Timothy Sullivan FCA (Senior Statutory Audltorl For and on behalf of Field Sulllvan Limited, Statutory Auditor 9 Hare & Billet Road Blackheath SE3 ORB Date.. Page 20

D¢￿￿9n En¥8bpe ID.. C2033C2E46AA4710-A6B9-3?COA8641450 The Women's Environmental Network Trust Statement of Financlal Actlvlt5es for the Year Ended 31 March 2024 Ilncluding Income and Expenditure Account and Statement of Total Recognlsed Galns and Losses) Total 2024 Total 2023 Unrestrlcted Restrlcted Unrestrlcted Restrlcted Note Income and EndowmÈnts from.. Donatlons and legatles 249.466 5.680 853,050 7.089 1,438 1,102,516 12.769 1,438 244,550 7,733 767.461 19,360 540 1,012,011 27.093 540 Investment income Total income 255,146 861.577 1,116,723 252.283 787,361 1,039,644 Expendlture on.. 1236,8951 1980,9961 11,217,891) 1188,8471 1609,7321 1798,5791 Total Èxpendlture 1236,8951 1980,9961 11,217,891) 1188,8471 1609,7321 1798,5791 Net incomellexpendlturel Transfers be￿een funds 18,251 1119,4191 1101.1681 63,436 13211 177,629 321 241.065 Net movement In funds 18,251 1119,4191 1101,1681 63,115 177,9SO 241,065 Reconclllatlon ol funds Totol funds brouEhtforward 164,102 3Q9,489 473,591 100.987 131,539 232.526 Total funds carrled forward 18 182,3S3 190,070 372,423 164,102 31>3,48g 473,591 All of the charlty's activlties derkve from contlnulng opÈr3tlons durlDg the above two perlods. The funds breakdown for 2023 and 2023 Is shown In note 18. The notes on pages 23 to 38 form an Integral part ol these financlèl statements. P28e 21

Docuslgn Envelope ID.. C2033C2E-66AA471 D.A8B9-33COA8641450 The Women's Environmental Network Trust {Registration number: 02520522) Balance Sheet as at 31 March 2024. 2024 2023 Note Fixed assets Tangible assets 13 3,226 2,886 Current assets Debtors 14 79,446 359,316 59,612 424,945 Cash at bank and In hand 12 438,762 484,557 Credltors: Amount5 falling due withln one year 15 169,5651 113,8521 Net current assets 369,197 470,705 Net assets 372,423 473,591 Funds of the charitv.. Restricted Income funds RestrScted funds 190,070 309,489 Unre5trlcted Income funds Unrestricted funds 182,353 164,102 Total funds 18 372,423 473,591 These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006. The financial statement5 on pages 21 to 38 were approved by the trustees, and authorised for i55ue on 12 November 2024 and signed on their behalf by.. SSgned by.. 339CEB5F047E4EO... Monique Johnson Trustee Slyned by.. B142BBCQ6ESD481... Tallulah Staple Trustee The notes on pages 23 to 38 form an integral part of these financial statement5. Page 22

Docuslgn Envelope ID.. C2033C2E-66AA471 D.A8Bg-33CDAB641450 The Women's Envlronmental Network Trust Notes to the Financial Statements for the Year Ended 31 March 2024 I Charity Status The charity is limited by guarantee, incorporated in England and Wales, and consequently does not have share capital. Each of the trustees is Ilable to contribute an amount not exceeding £1 towards the assets of the charity in the event of liquidation. The address of its registered office is.. Ground Floor 20 Club Row London E2 7EY These flnancial statements were authorised for issue by the trustees on 12 November 2024. 2 A¢countlng pollcies Summary of slgnlfleant accountlng poll¢les and key accountlng estimates The principal accounting policies applied in the preparation of these financial statements are set out below. These pollcies have been consistently applled to all the years presented, unless otherwSse stated. Statement of compliance The financlal statements have been prepared in accordance with Accountlng and Reporting by Charities,. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffective l January 20191 (Charlties SORP IFRS 1021 Second edition October 20191, the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. They also comply with the Companies Act 2006 and Charities Act 2011. Basls of preparation The Women's Environmental Network Trust meets the definition of a public benefit entSty Under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes. Golng concern The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charSty. Page 23

Docusign Envelope ID.. C2033C2E-66AA4710-A8B9-33CDAB641450 The Women's Environrnental Network Trust Notes to the Financial Statements for the Year Ended 31 March 2024 Judgement5 and key sources of estlmatlon uncertainty In the application of the charity's accounting policies, the trustees are required to make judgements, estlmates and assumptions about the carrying amount of assets and Ilabilities that are not readlly apparent from other sources. The estlmates and associated assumptions are based on historical experlence and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlylng assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the periods in which the estimate is revised where revlsions affects only that period, or in the period of the revision and future periods where the revisions afferts both current and future periods. Income and endowments All income is recognised once the charity has entitlement to the income, St is probable that the income will be received and the amount of the income receivable can be measured rellably. Donatlons and legacles Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance by the tharity before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fullv met, or the fulfilment of those conditlons is wholly withln the control of the charity and it is probable that these conditions will be fulfilled in the reporting period. Grant5 recelvable Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grant5 have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and Included on the balance sheet as deferred income to be released. Deferred Income Deferred income represents amount5 received for future periods and 15 released to incoming resources In the period for which, it has been received. Such income is only deferred when: The donor specifies that the grant or donation must only be used In future accounting periods,. or - The donor has imposed conditions which must be met before the charity has unconditional entitlement. Expendlture All expenditure is recognised once there Is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attrlbuted to particular headlngs they have been allocated on a basls consistent wlth the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset's use. Other support costs are allocated based on the spread of staff costs. Page 24

Oocuslgn Envelope ID.. C2033C2E-66AA471D-A8B9-33CDAB641450 The Women's Environmental Network Trust Notes to the Financial Statements for the Year Ended 31 March 2024 Charltable activities Charitable expenditure comprises those costs incurred by the charlty in the delivery of its attivities and services for ts beneficiaries. It includes both costs that can be allocated directly to suth activities and those costs of an indirect nature necessary to support them. Support Costs Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage. Governance costs These include the costs attributable to the charity's compliance with constitutional and statutory requirements, includlng audit. strategic management and trustees meetings and reimbursed expenses. Taxatlon The charity is considered to pass the tests set out in Paragraph I Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or galns are applied exclusively to charitable purposes. Tangible fixed assets Individual fixed assets costing £500.00 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Depreclatlon and amortisatlon Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows: Asset class Office equipment Other tangible fixed assets Depreclatlon method and rate 5 year straight line 5 year straight line Research and development Research and development expenditure is written off as incurred. Page 25

Docuslgn Envelope ID.. C2033C2E-66AA471D-A8B9-33COA8641450 The Women's Environmental Network Trust Notes to the Financial Statements for the Year Ended 31 March 2024 Trade debtors Trade debtors are amounts due from funders for grants in the ordinary course of the charities activities. Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the charity will not be able to collect 311 amounts due according to the original terms of the receivables. Cash and cash equlvalents Cash and tash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. Trade credltors Trade creditors are obligations to pay for goods or services that have been acquired in the ordlnary course of business from suppliers. Accounts payable are classified as current liabilities if the Charity does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities. Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method. Fund strutture Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity. Deslgnated unrestricted funds are designated for the administration and outreach costs that need to be spent on publicity and staff time for the management and promotion of the incentive scheme. Restricted Income funds are those donated for use in a particular area or for speclfic purposes, the use of which is restricted to that area or purpose. Penslons and other post retirement obllgatlons The charity operates a defined contribution penslon scheme which Ss a pension plan under which fixed contributions are paid into a pension fund and the charity has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the beneflts relating to employee service in the current and prior periods. Contributions to defined contribution plans are recognised in the Statement of Financial Artivlties when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment. Page 26

Docusign Envelope ID.. C2033C2E-66AA471 D-A8Bg-33CDAB641450 The Women's Environmental Network Trust Notes to the Financial Statements for the Year Ended 31 March 2024 Flnanclal Instruments Closslflcatlon Financial assets and financial liabilities are recognised when the charity becomes a party to the contractual provisions of the instrument. Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a resldual Interest in the assets of the charity after deducting all of its liabilities. Recognitlon and measurement All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value {which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a flnancing transaction. If an arrangement constitutes a financing transadlon, the financial asset or financial liabilitv is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Financial assets and liabilities are only offset in the statement of financial position when, and only when there exists a legally enforceable rlght to set off the recognised amounts and the charity intends either to settle on a net basis, or to reallse the asset and settle the liability simultaneously. Financial assets are derecognised when and only when al the contractual rights to the cash flows from the financial asset expire or are settled, bl the charity transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or cl the charity, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party. Financial liabilities are derecognlsed only when the obligation specified in the contract is dlscharged, cancelled or expires. Page 27

Do¢usign Envelope ID= C2033C2E-66AA4710-A889-33CDAB641450 The Women's Environmental Network Trust Notes to the Financial Statements for the Year Ended 31 March 2024 3 Income from donatlons and lega¢les Unrestricted Funds Total 2024 Total 2023 Designated Restricted Donations and legacies,. Appeals and donations Gift aid reclaimed Grènts, includSng capital grants,. Government grants Grants from other charities 27,421 27,421 15,014 1,336 48,846 84,188 133,034 129,933 166,360 6,839 768,862 935,222 6,839 858,535 7,193 Membership 48,846 200,620 853,050 1,102,516 1,012,011 Page 28

Docuslgn Envelope ID.. C2033C2E-66AA471D-A889-33CDA8641450 The Women's Environmental Network Trust Notes to the Flnancial Statements for the Year Ended 31 March 2024 Grants 2024 2023 Joseph Rowntree Charitable Trust BUPA Foundation 66,224 70,494 9,410 Ocean Regeneration City Bridge Trust - Local food project Weleda UK Ltd 5,000 36,000 17,675 10,000 Women's Budget Group funded by Friends Provident Tower Hill Trust 68,295 8,280 5,701 M & G Community Fund Glastonbury Festival Natracare 4,000 15,000 10,000 7,000 RHS 2,500 10,000 Lankelly Chase Foundation Savitri trust 50,000 52,250 10,000 Polden Puckham Charitable Foundation 28,800 Soil Association io,oao 10,000 The National Lottery Propel University of Sussex Other grants 491,985 530,189 158,679 54,644 45,281 2,500 3,850 935,222 858,535 4 Income from charltable activitles Unrestricted Total 2024 Total 2023 General Restrleted Consultancy fees Other income 50 5,680 7,089 12,769 27,043 5,680 7,089 12,769 27,093 Page 29

Docusign Envelope ID.. C2033C2E-66AA471 D-A8B9-33COAB641450 The Women's Environmental Network Trust Notes to the Financial Statements for the Year Ended 31 March 2024 S Investment Income Restricted funds Total 2024 Total 2023 Interest receivable and similar income; Interest receivable on bank deposits 1,438 1,438 540 6 Trustees remuneratlon and expenses No trustees, nor any persons connected with them, have received any remuneration from the charity durin8 the year. No trustees have received any reimbursed expenses or any other beneflts from the charity during the year. 7 Expendlture on charitable actlvlties Unrestricted Total 2024 Total 2023 Designated Note Freelance fees 55,918 3,379 3,152 64,614 966 38,535 3,605 4,075 58,533 622 Equipment repairs and renewals Office expenses Reimbursement of reusable nappy vouchers Depreciation of office equipment Depreciation of other tangible Event expenses Payments to partners Wages and salaries Soclal security costs PensSon 408 409 30.069 395,083 448,878 35,828 17,608 1,090 160,898 33,932 149,732 324,269 24,160 12,990 12511 147,968 51,501 Other staff costs Support costs 51,501 1,217,891 798,579 Page 30

Docu51gn Envelope ID-. C2033C2E-66AA471 D-A889-33CDAB641450 The Women's Environmental Network Trust Notes to the Financial Statements for the Year Ended 31 March 2024 8 Analysls of support costs Support Costs Total 2024 Total 2023 Staff costs Wages and salaries Social security costs Pension costs 88,988 5,728 3,501 77,478 4,736 2,951 Audit fees Audit of the financial statements Travel and subsistence Information and promotion Rent, rates and service Charges Staff training and recrultment Light, heat and power Telephone and broadband Printing, postage and stationery Subscriptions Accountancy Legal and professional Bank charges Insurance 7,248 3,439 10,925 13,684 12,724 3,591 1,207 1,495 1,200 977 6,900 11,228 18,009 10,258 7,499 19691 1,809 937 177 693 2,380 768 2,901 720 2,956 87 2,588 53 5undrles 160,898 147,968 Page 31

Docuslgn Envelope ID.. C2033C2E-66AA471D-A8B9-33COA8641450 The Women's Environmental Network Trust Notes to the Financial Statements for the Year Ended 31 March 2024 9 Staff costs The aggregate payroll costs were as follows.. 2024 2023 Staff costs during the year were: Wages and salaries Social security costs Pension costs 537,866 41,556 21,109 1,090 401,747 28,896 15,941 12511 Other staff costs 601,621 446,333 The monthly average number of persons (including senlor management team) employed by the charity during the year expressed was as follows.. 2024 2023 No Projects Management and administration 19 17 23 21 No employee received emoluments of more than £60,000 during the year. The total employee benefits of the key management personnel of the charity were £124,87912023 - £102,990). 10 Audltors, remuneratlon 2024 2023 Audit of the financial statements 7,248 6,900 11 Taxation The charity is a registered charity and is therefore exempt from Corporation tax under Part 11 of Corporation Taxes Act 2010 and its capital gains under section 257 of the Taxation of Chargeable Gains Act 1992. Page 32

Docuslgn Envelope ID.. C2033C2E-66AA-471D-A8B9-33COA864fj450 The Women's Environmental Network Trust Notes to the Financlal Statements for the Year Ended 31 March 2024 12 Cash and cash equlvalents 2024 2023 Cash on hand 162 359,154 269 Cash at bank 424,676 359,316 424,945 13 Tanglble flxed assets Offlce equlpment Other tangible fixed asset Total Cost At l April 2023 Additions 3,113 1,713 2,040 5,153 1,713 At 31 March 2024 4,826 2,040 6,866 Depreclation At l April 2023 Charge for the year 1,043 965 1,224 408 2,267 1,373 At 31 March 2024 2,008 1,632 3,640 Net book value At 31 March 2024 2,818 408 3,226 At 31 March 2023 2,070 816 2,886 14 Debtors 2024 2023 Trade debtors 74,612 3,033 1,801 54,834 3,369 1,409 Prepayments Other debtors 79,446 59,612 Page 33

Docuslgn Envelope ID.. C2033C2E-66AA471 D-A8B9-33CDAB641450 The Women's Environmental Network Trust Notes to the Financlal Statements for the Year Ended 31 March 2024 15 CredStors: amounts falllng due within one year 2024 2023 Trade creditors Other taxation and social securlty Other creditors 31,254 9,632 2,382 7,747 18,550 6,741 Accruals 7.111 Deferred income 69,565 13,852 2024 2023 Deferred income at l April 2023 Resources deferred Sn the period Amounts released from previous periods 7,000 18,550 17,0001 Deferred income at year end 18,550 16 Penslon and other schemes Def]ned contrlbution pension scheme The charity operates a defined contribution pension scheme. The pension cost charge for the year represents contributions payable by the charity to the scheme and amounted to £17,60712023 - £12,990). 17 Related party transactlons The charitable company operates alongside The Womens Environmental Campaigns Limited. They share the same aims and objectives and have some directors in common, they also share the same premises and certain operating costs. During the year the Charity paid for accountancy fees of £13 12023.. £2521 on behalf of The Women's Environmental Campaigns Limited. At the year end £1,422 was owed to the Charity12023: £1,409). Page 34

Docuslgn Envelope ID.. C2033C2E-66AA471D-A889-33CDAB641450 The Women's Environmental Network Trust Notes to the Financial Statements for the Year Ended 31 March 2024 18 Funds Current year flgures Balance at I April 2023 Incoming resources Resources expended Balance at 31 March 2024 Unrestrlcted General General Funds 130,221 206,300 {185,3941 151,127 Deslgnated Reusable Nappies Voucher Scheme 33,881 48,846 151,5011 31,226 Total unrestricted 164,102 255,146 1236,8951 182,353 Restrlcted Climate Action Fund Reusable Nappies Voucher scheme admin 192,993 451,938 1612,9941 31,937 {2,0841 12,267 16,531 24,412 40,537 7,877 877 59.950 10,410 30,538 154,9761 {7,5591 128,4361 2,890 15,118 18.633 24,412 50,947 1,575 877 Soll Sisters Enviromenstrual WEN Forum Local Food Prolect Feminist Green New Deal Forum Sponsor5 Engagement and Outreach Food Live5 57,217 37,532 146,8071 143,8341 16,188 48,716 128,079 21,009 15631 143,4341 1127,3201 115,0731 15,625 19,883 2,237 5,936 14,601 1,478 Climate Sisters Green 8abv 309,489 861,577 1980,9961 190,070 Total funds 473,591 1,116,723 11,217,891) 372,423 Page 35

Do¢uslgn Envelope ID.. C2033C2E-66AA4710-A8B9-33COAB641450 The Women's Environmental Network Trust Notes to the Financlal Statements for the Year Ended 31 March 2024 Prlor year comparatlve Balance at 31 March 2023 Balance at I April 2022 Incoming resources Resources expended Transfers Unrestrlcted General General Funds 99,248 191,795 1160,5011 13211 130,221 Deslgnated Reusable Nappies Voucher Scheme 1,739 60,488 128,3461 33,881 Total unrestricted 100,987 252,283 1188.8471 13211 164,102 Restrlcted Climate Action Fund Capacity building Soil Sisters 28.437 15141 35,117 1,489 3,646 30,709 27,943 5,033 13211 486,218 39,050 13,000 38,995 33,222 56,325 72,727 1321,6621 140,6201 135,8501 123,9531 112,4561 146,4971 192,7931 14,1561 192,993 {2,0841 12,267 16,531 24,412 40,537 7,877 877 Woman 2 Woman WEN Forum Local Food Project Campaigning Forum Sponsors Contracted Project Food Lives 321 37,824 10,000 123,2231 18,5221 14,601 1,478 Climate Sisters 131,539 787,361 1609,7321 321 309,489 Total funds 232,526 1,039,644 1798,5791 473,591 Page 36

Docuslgn Envelope ID.. C2033C2E-66AA471 D-A8B9-33CDA8641450 The Women's Environmental Network Trust Notes to the Financial Statements for the Year Ended 31 March 2024 The specific purposes for which the funds are to be applied are as follows.. Cllmate Action Fund This is funding from the National Lottery for Just FACT (Just Food and Climate Transition), our 5 year partnership programme, running to October 2025,aimed at creating a tried and tested blueprint for a climate-friendly food system that works better for the happiness, health and wellbelng of communities in Tower Hamlets, East London. Reusable Napples Voucher Scheme admin - (Prevlously known as Capacity Bulldlngl this is funding from London Waste Authorities and Local Authorities towards our Real Nappies for London voucher incentive scheme which estimates a proposed 1,145 tonnes of single-use nappy waste In London was diverted from waste and landfill, saving Local Authorities an estimated £106,485 in Incineration with energy recovery costs. Soil Sisters This supports recovery and development of vulnerable women in traumatic transitions within women's refuge settings. It is the first of its klnd in the UK to establish a network of groups interested in developing social and theraputic horticulture ISTHI or green care. Working with partner orgnaization Hestia the project dellvers a year round programme of weekly sessions in East London, it runs a conference that disseminates learning and promotes the use of nature based wellbeing and health interventions. It publishes research focusing on the importance of STH for women in crisis or refuges. This project had been on hold as a resLtIt of Covid, the Reaching Communities funding was extend. Subequent to that the project hos received fundlng from 8UPA Foundation. Enviromenstrual - (Previously known as Woman 2 Woman) this project 15 Supported by Natracare The Joseph Rowntree Charitable Trust and North London Waste Authority, our Environmenstrual .programme aims to raise awareness of the plastic and harmful chemicals in mainstream single-use period products,. tackle period stigma and taboo, champion biodegradables and reusables and promote the correct disposal of slngle-use period products so that they don't end up in our rivers, seas and beaches. Our Environmenstrual Ambassadors programme continues to be funded from this fund. WEN forum Quarterly symposium featuring key note speakers dissecting and discussing topics of the moment. It seeks to educate, inform, inspire and does not shy away from controversy. The WEN Forumls funded by sponsors and grants from The Joseph Rowntree Charitable Trust. Local Food Project - Manages Tower Hamlets Food Partnerships with its aims to create a local food system that allows everyone access to healthy and sustainable food. It is a collaboration engaging all who have a role in local food production. From residents, community organisations, schools, businesses and the council. The fund covers the Food Growing Network's quarterly gatherings and the work of the Partnership and is funded by City Bridge Trust, Food Power, Soil Association, University of Sussex. Feminlst Green New Deal (FemGNDI This fund has recelved money from Friends Provident, Lankelly Chase Charitable Foundation, The Joseph Rowntree Charitable Trust, and Polden Puckham Charitable Foundation, in support of our activities in response to the tllmate crisis including drafting a number of policy papers and attending COP26 in Glasgow. Forum Sponsors- Funds from sponsors of our Wen Forum programme to be used in 2020/21. Page 37

Docusign Envelope ID.. C2033C2E-66AA4710-A889-33CDAB641450 The Women's Environmental Network Trust Notes to the Financial Statements for the Year Ended 31 March 2024 Contracted Projects Thls fund related specifically to our work developing the communlty garden at St Leonards Priory funded by The Veolia Environmental Trust. It completed in 2022. Engagement and outreach fund contains grants from The Joseph Rowntree Charitable Trsjst towards costs of communicating WEN'S activities and research through the WEN Forum, events and other communications, and in developing networks. Food Llves ~ This fund contains Grants from University of Sussex to cover research conducted by WEN in Tower Hamlets on the subject "Transforming the UK food system for healthy people and a healthy environment Co-production of healthy, sustainable food systems for disadvantaged communities" Cllmate Slsters The Climate Sisters 'Local Women of the World at the Climate Table, project aims to make systemic change by amplifying marginalised women's voSces In climate justice debates and in the transition to a low-carbon economy. This 3 year project aims to engage women from Tower Hamlets and Hackney through a participatory climate leadership programme. Green Baby Fund - The Green Baby Fund contains grants from Weleda, The Savitri Trust and Natracare in support of WEN'S research, engagement and activities seeklng for legislation around toxic chemScals in baby and household products while raising awareness of this Issue through a grassroots workshop programme with parents and health professionals across the UK. 19 Analysi5 of net assets between funds Current year figures Unrestrl¢ted funds Restricted Total funds Tangible fixed assets Current assets 3,226 248,692 169,5651 3,226 438,762 169,5651 190,070 Current liabilities Total net assets 182,353 190,070 372,423 Prlor year comparative Unrestricted funds Re5trlcted Total funds Tangible fixed assets Current assets 2,886 175,068 113,8521 2,886 484,557 113,8521 309,489 Current liabilities Total net assets 164,102 309,489 473,591 Page 38