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RESTLESS DEIIELOPMENT POWERED BY YOUNG PEOPLE RESTLESS DEVELOPMENT (A Company limited by guarantee) REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30th SEPTEMBER 2021 Registered Company iYMn)ber., 6741123 Registered Charily Number: 1127488

BESTLESS QEIELOPIIE111 ANNUAL REPOR'[ FOR THE YF.AR ENDLD 30TH SEI p'fEI MBEK 2021 CONTENTS Pa£es Repoi't of the Tiustees: Objec'live.i aFidAclivities Sijlltegic iypoi'l 7-17 Fiiioilcial i eview 18- 19 Orgcipiisationnl Sti'iictiii-e, govei'naiicg und Imanagepiionl 20-21 Tiuste¢s' Responsibilities Statement 22 lThdepcndent Auditor's Rep)rt 23-26 Statement of Fii)aneial Activities 27 Balance Sheet 28 Cosh flow Siat¢meAIt 29 Notes to th¢ Financial Stateiiieiits 30-44 Administi'ative and R¢ferencc Details 45 The Truslc¢5 al'e pleased to pitsent tlieir iEport togetlicr with tlie financial statcmcnis of the cliai'ily for the yeai. ended 30111 Sepleiiib¢i. 2021.

BES1LESS OEIIELOPIIE111 ANNUAL REPORT FOR THF, YEAR fi NDF.D 30TH SEPTEMBER 2021 OBJECTIVES AND ACTIVITIES Our Vision Mission 0￿r vlsloi) foi. 2030 Is that young people eVer￿V￿ere arc able to demand and deliver i just and sustaiiial)le ivorld. Tn tmany places, iii.qtead of beiiig liqtetted lo and suppoi'tcd lo Icad changey youiig peoi)le are often igi)ored aiid overlooked. Out. missioii Is to eliange tliat by suppoi'tiiTrg youiig people to be leaders. This include.% woi'kn'ng witli young people to idcntify pi'oblcms and work on solutions in their coinmunities, and it also includcs Sup￿i.t]ng youiig people to advocale foj. long~ lasting cliaiig¢ tljat gcts to the root causes of issues, like youth ui)employmeiit and climate cl)ange. Ow. sli'ategy outlines fow. connoclcd ways iii wl)ich wc will achi¢v¢ tlii8- Worlc Trvith Yoiillg People's ultlmate goals: Oiii. work ii) coijllnunities is ￿1]ded by foiir goals set out by }iouiig people. withoLIt which no other change can bc achieved. Wt]cn young people ]Jave a voice as aetivc citizcns. thc Ineans to make a living,. can claim theii. sexual reproduetlve rlghts. and arc support¢d lo r¢alisc Ilieii. leaderslilp potenlial tliey have ihe ability to solve aiiy ¢hallenge in their comtnunities. A model for cliange: Our global Inodel foi. traiisformatiye change led by young people hands ovei" d¢velopm¢nt to ihe coiiuiiunities that we serve. TM'oiigh this Inodel young peoplc not only deliver against tlie nceds of the coi))n)ttiiity through c(Jminunity engagemeiit 211d Inobilisation bul also ci'eate and shal'e evidcncc and undcrstanding ol'tlie r¢al life exp¢i'i¢nc¢s of comtnunities to inform otliers. and influence otlieiE to change cultui'al no1'n￿, policieg and sysi¢ms that aff¢ct lives. A neiv type of global ageiiey: We air building a new type of decents'alised agency- where olu. focal Hubs around the woi'ld offei. young people and parln¢iE the opportunity to intei'a¢l on locally di'iven initiativ¢s and also coniiect 8lobally linking youth to powei" ajid vice ver&&. Beeome bigger than the sum of oui- pai'ls: We al'e building) scaling and delivering a Youth Collective which enables thousands of Ioc<l1 gi'oups and ot'ganisalions. and millions of young people to convcne, collaboixte and access global and national development and huFnanitai'ian structLll'es and pi'ocesses. Our 4ctivities- how we deliver our $trxtegy Oiir work is focused oil ti'aiiiing, siipporting and connecting I,OOOs of yoiing pcoplc lo Icad change. It] 2020121. 2,773 young people led our wo1. TIILse yOLing leadeL3 ￿'e Kncreasingly divei'se - tliey al'e volunteei's, actiVl8ts, I'esearch¢i8. campaigners... fi.om so¢ial enlrepreneurs setting up businesses to pLDvidc for their families and create local jobs, to youjig advocat¢s a¥Ed cainpaigneKs focusing on issu&% such ag gender equality. climate justice or HIV. This supporl to young people is l¢d by lline Hubs spi'ead aci'oss Afi'ica, Asta, thc UK and US, who delivcred a total of 63 prO￿.￿MMe￿ in 2020121, woi'lu'ng with people across 27 countries. Throughout the ye￿. we saw the iiicreasing global irach of our work, spiu'i'cd on by a nun)ber of global pi'ojects workiiig with yoiing people aiid conllnunities outside our cstablished Hiibs. The sl)ift ¢owai'ds digital workiiig in response lo th¢ global Covid-19 pand¢inic has also played a key parl in accelerating this changc. Our Hubs offei. expertise and support to partnei'g across the world, engaging 883 new partn¢iE tliroug])oiit the yeai. (a 400/0 increasc 011 2019120). These paitnei's Éncluded govei't)ineiit instilutiot)s,

HESILESS DEIIELOPMEN1 ANNUAL RLI'ORT FOR THE YEAR CI NDl4D 307'H SLIP'I'LrMBEIR 2021 WEAEDtYYDVHBPEUPLÉ tlie pi'ivate scctoi. and parttier cliarities, and iiiost impoLlaiitly, yoiitli~led organisations (210/0 of the totall. Yoiing leadei's deliver a wide i"aiige of activities in line witli oui. vision and rnis5ion, vai'ying froi pi'ogi'aintne to progi'amii)c. Bi'oadly speaking, tli¢ following modcls uiidci.pin Inost of oui. woi'k. JJ? pJ'acti¢e, Inatiy pi'ogjainnies will follow InoiE than one approa¢l). Coinmumity mobilisatioii: Young leade1% will impl¢m¢iit activities to cliange beliaviours oi. iiiobilise aetion in thcll. Collllllullities. Tl)is caii involvc th¢ pi'ovi8ion of pccr-lcd educatioii aiid training? both Én schools #nd the ¢omT)iunity. Young voliiiit¢ers may also COnd￿Ct furtber community awai'encss i'aising activities - tlii'ougli in-pei'son events,. thi'ough radio,. or oiiline. Fop. É.Yaiiii)le, Ihrdtigli holdiiig.fe.sstoiRs iviih gii'l.v iii Z(iiRbia coi)ei'iiig.fcxiilll and ieprodiicliiie liealih, fiiitEFicicil literacy, cai'eei'.Y giiidopice ¢71td livelihoods, so ihai ihey cupi iinijigale ilie issiies ihat lead to IlieiFI di'oppiAg niil ofseliool. Youth-lcd accountability: Young Icadci's hold decLSLOlI-makers to account foi. policies, commitments and i'esponding to pi'oblems in the community. This woi'k will often be driven by the dats collected by young people, #nd can involve dialogue to bring together and slrengtheii the link betw¢¢Ji diff¢rent slakeholders, sueh as decision-makcrs, service providei's 2nd community membeiE. Youiigpeople, especiallyyoung Mioiiieii. comdiicl vvidelice-basedaccotiiilabilily iii Tanzanla iopiislifor JE$ponsive, iiieliisive, pai'licipaloFy Qrtdp'gpi'esenlalive decision- IpittkiKg. Youth-led i-eseai-eh: Young peoi)le lead participalory research pro¢esses to identify challenges and solulioiis, infoiining policy and i)raLrtice. YouiigpÉople EP2 Ugdiida aiE lettdiiig F'eseui'cli 011 Iioiv cliniate cljaiige is affec11￿g yolith liipelilioods and hoivyoiinx peopl¢ ui'e i'espoiidiiig. Youtli-led &dvoeAey: This can be from the national lo global level. Yoiiiig coiiipaigneis iii ihe UK thp'oiigh ihe YoLltlI STOP ￿DsCal￿puigIt di'e speakiiig oiil, Inkiiig ci'ealive aclion upid eiigogipig ihoJe iiti)owei' IJ eiisui'e ihey al'e commiiied lu endAJDS by 2030. Yvutli Ladership One of tho distingu15hing fe8tui.es of Re%tles Development is that its work is led almost cntir¢ly by young people iinle&shiiig power at tl)e heart of ¢ommunities and lianding b&ck owiiei'ship of development lo the communities we serve. I]) the 2020121 financial year, oui- worli w*8 led by 2,773 volunteers- liowcv¢i', our inteiventions supporting young people go beyolld traditional concepts of 'voluiiteers' 01 campaign in¢iknb¢rs'. We suppol'l the jouixey of youttg people io beeomc leadei's and help tE]cm to miiltiply tliat leadciship in thcii. coininunities aiid ￿'OUnd Ihc world. Ovcr the past year our volunte¢2E ivent on to create 55,695 challgemakers - a widei. pool of young people who go on to lead furtliei. change itt thcii. community. 890/0 of tliese young leadeL3 were under 301 Oui. illlciventions air desigiied so youi)g people build ust with th¢ii' peers, communttics and dccision-lnakei's ov¢i' a long period of tiinc. Tiiiie Deniogi'aphic data taken froln our Annual t£adeis Survey.

BESILESS DEIIELOPMENI ANNUAL REPOR1. 4OR THE I'EAR EI NDED 307'H SEPTEMBER 2021 ?UWEBeDPYYWWBPUFI£ coininittnenls will vai'y by activity, biit inaiiy al'e ¢inb¢dded long tei'n) (3-12 months) 111 th¢ uiideiEeived commi￿ltIeS iii ThThicli tliey th'ivc cliange. Oui. voliinleers i'cc¢iv¢ a siinplc food, accoinmod&tion and Ii'anspoi't allowance aiid oft¢rt Stay witli liost fatnilics, but i"ceeive tho monetary compensation. CoJnprclicnsiv¢ ti"ailling is also pi'ovided at Ilic start of placements. WoJ-kill&i in partne1￿1)ip lii addition to thc work wc do dii'ectly will) young p¢ople, wc are iiiereasiiigly focusiiig our efforts on 5UPPOrtiiig global youtli cEvil society, as well as eiigaging witli governments, iiistitutions aiid partners to sli'engtliet) theii. eiigagcment with youug pcoplc. I'lu'ougi) Ihe Youtli Collective we liave connectcd youtl) civil socicty oigaiiisations worldwide, so tliat they can suppoil ea¢h other and %trengthcn tli¢ii' organisations. We have launched a di latfoim. provided tt'ailling and i'csourees,. funded youtli-led i'esearch on the state of yoiith civil society. and hostcd online events called 'Donoi' DialogLies' th1£ t liave brought togetiier fi]ndeL3 and youth civil sQClCty lo iinprove ac¢es.q to fiinding. W¢ al.%0 ettgage with a wide I'angc of youth civil society oi'ganisations, networks and eoalitions in oui. pl.0￿.amIllcs. and biiild in activities to pi'ovide thein witli traÈning attd supp()rt. We use oui. expertlse to advise others - from governments lo colyoratcs ¢0 NGOS - oil liow they can meai)iiigfully eiigagc youiig p¢ople. This could be through suppoi'tiiig strategy devcloprn¢nt processcs via youth consultations or youth-l¢d i'eseai'cl). For example, we work¢d with a teain of12 yowig rcs¢ai'¢herg from tlie Sahel, Hoi'n of Afi'ica and MENA l'egion to gather youth perspectives on education, th¢ future of work, skills bLiildirtg ondthe voice of young people in s0¢iety, whieh fed into the Dutch Ministsy of Foreign Affairs Yoiith at Healt foiuiv. How do we measure sueeess? W¢ are able lo build a pi¢tu&t of how we have pi'ogi'¢55¢d against oui. sts'ategyj and ille %harter-trmi and longer-te11n olltcorlles under eacli of oiii. goal ai'eas, throiigh oui. C.l(]hAI Results Fi'anieivorli. PN)grammc lev¢] outcoine indicatoi's al'e inapped against global indicaloi's, so that we can group togeth￿. results to build a sense of pi'ogress. We also set a l'ange of iai'gets acN)ss all our Hubs at an output level. foi. examplq covctin8 die numbei. of people we are aiming to reach. More detailed ii)sights into oui. iinpacl and learniiig are dj'awii fioni a idnge ofpi'ograiiiille levcl evaluations ¢ondiiLl¢d Ihroughoiit the y¢ai'. A¢i'oss tlie 2020121 financial yeai. scycn evaluations were conducted:. At a global level, we have an Evideiice and Lcarning Sti'ategy, which aims tn l)ring togetliei. the insi￿ts geneLaled fiT)m across oui. evaluations and iesear¢h in i'¢SPOllse lo sevcral eoi'e leai'lling qucslions. Foi. exai)4)le, 'How do our iiiodels facilitate Youth leadcis1)ip?' At the end of the financial yeai., we eomniissioi)ed an extelnal evidejiee aJLd learntng I'eview of10 ye￿5 of oui. work which responded to this question. Data from tlie global reporting systeni has been uscd to outline oiii. main acliievement8 In tlie slrategic repoit sectiun b¢low. Thi.% nuinber is lower tlian in previous years and relates tn part lo the challciiges of ¢onducling cvaluaiions during Covid-19 1-esiriciioi)s.

BESTIESS DEUELOPME111 ANNUAL Rfi.PnR T FOR THE YEAR CITr4DED 30TH SEPTEMBER 2021 Public Benefit Tike Ti'LlStecs c021fi1'111 that they bave complied witl) the duty iii Seetion 17 ot Ille Chafities Act 201110 liavL IEgai'd to rlie public bencfit gEsidanoe publislicd by th¢ ChaLlty Comniissioii in dctci'inii)iiig the activities undertdk¢ii by Ihc Chai'ily. Oui. chai'itable objeetives are.. the i'elicf of povei'ty and tlie iinpi'ovement and condition.% of life in dibadvdntag¢d coininunities,. the advaiiceinent of edueation and leaiThii)g' and the pn)visiun of edueatioft, Incdical caj'c aiid trealinent of pcoplc iii iiccd ov¢r5eas. We cai'i'y out thcse objwlives Ilii'ough our strategy Olltliiied above.

RESIIESS DEMELOPME111 ANNUAL REF POR'r F()R THL I'EAR ENDED 30-fH SEPTEIMBER 2021 STRATEGIC PORT I) ACHIEVEMENTS DURING THE YEAR The following sectioii outlines tli¢ rcsulis of the different activitie.£ conductcd throughout tlie ycai., sli'uctured arouiid oiii. foul. goal areas delivered tlii'ough 63 pi.0￿.at￿mes. VOICE: Young people influence Ih05e in poiver to bl'ing about posltive eliAnge in youiig people's priority ai-eas We iEached 15,240 people, Irp1¢6enting 700/• of oiii. oi'Ègiiial annual target. Challenges iii dclivciy relate largely duc lo I'cductlons iji fundiiig fi'oin key rcsli'ictcd doiiors and pi'ojecÉed activity. Ovei. the yeai- we will)c5s￿ 2 numbei. of positive I'esults in tli¢ inLI-¢iks¢ in knowledge and skills of yoiing people to influeiice. tlic likclihood of decision makcrs to eng&ge wtth young people,. and iniportantly, commÈtmciits niadc by deeisioii Inakers in IEsponsc to young advocates. Foi. cxample.. tn Sie11a Leone, 780/oof young Icadcrs in the Public Financial Managcmenl PLDw7mmE inei'eased thcir knowledge in arcas su¢li as coriuption and tlic tax syste￿. The Isliiwi program]ne iii Zdmbia li'aincd 56 civie leadeL3 in youth engagen)enl, which led lo iin]ncdiate iinprovemcnts in how yowig pcoplc were engaged in dceigion-making tl)at affected dieir liv¢s, ill¢luding yoiiiig people beii)g invited to Ineetings in tl)ree wai'ds. 48 Advocate8 involvcd in budg¢t monitoi'ing activities in Ugaiida generated evidence that r¢sulted in pushing deeision makei's to act on commitments; for example on extt'a support to fai"me¥s, and improved facilities in pirytnaiy scliools. We <qlso saw a continued increase in the suppoi't we provide to activists aeross the globe, oulsidc our Ilubs. The US Hiib launLhcd the Feminist ALlion Lab, an onlinc &dvoeacy cOu￿e to.guppoit youtl)-l¢d action on gendei. equlc lity, reacliing 3,455 users across the woi.ld in its fi￿¢ quarter. LIVING: Youiig people achieve a decent, sustali)able livelihood for them$elves aiid their eommuiiities We irach¢d 34,200 people thi.ou￿ our livi1￿ work, which repr¢s¢iits an impi'essive 1340/D of our awiual targct. We liave sccn both an increase in the einployability slci11s of young people we woi'k with, along with the applicatÈon of lliese ii) the pui'suit of livelilioods, particularly among yowig womcn and girls. In oui. employability pi'ogram)ne in Tanzania, 21,872 youttg people froiii secondary and vocational coll¢ge% were able to demonsts'atc ncw ¢mployability skills, impiove Iinowledge of cai'eer options oi. developed carcei. plan$. Also in Tanzania, our F,ast Afi'ica Yaiith InCI￿gI0n Ftoject suppoi'led youth savings and credit co-opei'ative so¢ieti¢s to a¢¢¢ss loans to suppoi't 177 yoiing people. We supported teen mothers througli the Get Up Speak Out progi'ainiM¢s in Uganda lo cai'n a livin& witli 94 % I'epoi'ting tliat Ihcy wcrc earning iiicoincs fi'oni Éncome geiiei'ating aclivili¢s th&t the pi'ogtzmmc liad siippoited them to set up. Working at a inoi'c systeiiiic policy level, we liave generated an increasing body of youth-led I'cscajrli on the related areas of education and livelilioods. Thiough Il)e Uganda-led Yoiith Think Taith w¢ publislied a i'eport oil youth entrepi'eneurship looking at the cliallcnges young

RESILESS DEIIELOPIfiENI ANNUAL REPORT FOR THE I'EAM CNDCD3OTH SL4PTEMBER 2021 YIEBEOEYYUUYIPEOPLÉ enti'ei)I'enciirs were faciiig aci'oss Siib-saliaiaii Africa. We also reciiiited i'eseai'chers fi'oiii across 12 coiiiiti'ies to conduct global I'eseai'cb (based on 3,294 iespondents) 01) young p¢opl¢'s carcci. aspii'ations and liow to ei'eate an edueatioji systcih tliat woi'ks toi- tl)ein. SEXUAL RIGHTS: Young people liave Control over Ihelr sexual Yeyroductive liealth, ettn claim tliei). sexiiail riglits and a￿'e less vulnei'able to SRH rislcs We directly r¢aclicd 99,474 peopl¢ thi'ougli oiii. Scxual ￿"glit5 woi-k, whicli wa$ 103•/D of oui. annual target. We liave seen notable iiicicases in young people's knowledge of theii. scxu&l rI￿tS, engagciy)ent with local services and d¢¢ision inak¢J"s, Iiidia's MTV Nish¢dh pi'oy?Inme delivei'e(I sexual I'l￿]ts ti'aining lo 8,850 yoiing people. Pi'e aiid post ti'aiiiiiig siii'veys sl)owed an improvemeiit of young p¢uplc's knowledge of conts2ceptioii from 64/0 lo 92°/0. An endliiie evaluation froin U8anda's G¢t Up Speak Out progi'amine showed an iii¢i'ease in young people with a positive attAtude lowards available Sexual aEkd Repi"oductive H¢alth sei'vices of 960/0 (compared lo 67/0 al baseline), aiid 89% of young people reporting being consulted iii loeal d¢¢Esion making on the Sexiial Iiiglits. In Nei)al, nienqti'ual hygicne l'ooms were established in SEX i'ui'al coiniiiunity scliool5. which bonefited Inor¢ thait 500 girls, lielping Ihcin to reiiiain iii school. LEADERSHIP: Young people bvild resiliellt and 6UStaillable communities We i'eaelied 54,OU6 young people in this area of woi'k, wliich was 80 /0 of our aiinual tavget. This represeiits a significaiit increase compai.ed to Ihc prcviou5 y¢ai'. taking into account the 'owtli iii Covid-19 r¥sponse woi'k in Sietya Leone. Oui. young leadei's arouiid the woi'ld have coniinued to play a significaiit role in i'elponding lo the Covid-19 pandemic in theii. community (see also Covid-19 summaiy below).. Irt 2020 dui'ing tlie final y¢ar of thc ICS programin¢. 543 volunleei's aci'oss Nepal, Uganda and the UK wei'e engaged in action in iesponse to Covid-19. Tliis included disti'ibuting pci'sonal pi'otective equipment to 2.500 studeiLts ai)d 180 frontline govci'nnieiit woLkers in Nepal, and training 40 school teackei'g to suppoit tlie mental wcllbeing of scliool cliildren. In tlie UK. voluiileers repoited 2,000 pieces of Covid- 19 miqiiifoiinatit)n, Icading to 40 bi'ands i'einoving their ads atld de-platfDrffining conspii'acy Ilieorists. We have seen an iiicrcase in our work focu5ii)g on cliiDatc, with thc ZiEnbabwc Hub trainillg 20 young leadeiE to collccl data fi￿M theii. comniuiiilies on the link betweei) climate change ai)d health. Our aiinual l¢ad¢13' survey generated in8ights into the impact oi) Ihc young Ic2du'8 we li&ve woi'ked witli.. 970/0 AfPOI'ted ihat tlicy fcel tli¢y welc siippoi'¢ed lo devclop a8 a Icadei.; and 95Q/ts feel that their volunlccring h&$ had a positive impact. Tlie 8uivey also genei?ted tiisights on how they led ehangc.. 87 /0 IEP<llted that they were involved in raising awai'eness and mobÉlÉsing otliei. communities. 73Tr/0 rei)orted that they developed the Skills tsf othei. young p¢oplc.

BESILESS DEIIELOPMENT ANNUAL REPORT FOR THE YEAR NDEI D 31rrH SCI PTEMIIEK 2021 EREQBYiQQMVVEQPLt Pi'ogrxmme Spotllglit: The Developintnt Altei'iiative aiins to shitt powa- to youiig pcoiile and c4)ikniniinEties so they ca Iiold developtneiit aetois Lo accouiit, aiid lead ihe de.8igii of solutions to tlic probl¢iii.% they ideiitify. At the st￿t of the 202001 financi￿1 y¢ar pi'ogrdn)Ine iii(TrnitoriIig activity was ablc to i"esuine following a six iiionth hiatu5 as a result of Covid-19 related i'esti'ictions. A l'ange of evideiice l)as indicated Ilie effectiveness of tli¢ consoi'liuin'5 Model for Cliange its flag51iip approa¢h to monit()ring and accoiintlc bility. A total of 33 pi'ojeels with a coiiibined value of £97 million wd"e monitored aci'oss Uganda and Madagascai. beloiiging to Ilic s¢ivices and infrasti'uelure sc¢toiE. Vo)lunl¢ers identified a total of181 pi.0ble￿S witli i'cspe¢t to 2eee8sibility and inclusion,. lack of Irsouiccs of capa¢ity' and enviroiiinental in)pact. 105 solution5 were identified tIU￿{igh iiieetings with cotnniunity meinl)crs and y()llng peoi)le, resultiiig in a fix iale ot 58Q/o. Thcsc i'esiilts were backed up by a dcvclopm¢nlal evalu&lion that fouiid the modcl was an cffcctive ac¢ountdbiliLy ineclthllisill Ioi. i't%olving challeiigcs in th¢ itiipl¢iiient2tion of developmeiit pi'ojects. It also found that tliere lias been a positive cliange in tlie views of coininuiiiti¢s and <levelopinenL actois about the capability and legititnacy of young people to takc on a IcadeJ%liip aiid monitoi'ing role in c01￿1￿￿11ty d¢vclopin¢iit. Following news that the consoitium's funding would not b¢ continued in Septeinber 2021, a d¢cision was taken to pausc monitoriiig activity ai)d shift tlie focus onto ensui'iiig a sustainable extl fi'om comiiiiinities, and capturing evidence and leai'niiig. This lias includcd l)oldinbF ¢lobe out meetings witl) ¢ominunity membei's. and funding an evidence and Icaming itview. Our l'each: 0￿. total dii'¢¢t i'¢a¢h foi. tlie yeai. was 242,868 taking iiito a¢couiit reach from programines that cut across Inultiple goal areag in additioi) to the figui'es above - which repi'cscnls ovcrall pei'foi'mance of IOS /0 agaillsl ow. annual larg¢t. Bi'eaking tliis figui'e down furllicr, s60/￿ of tlio%c i'eaehcd wcrc f¢tnale and 440/0 male and 20/0 were i'cported as having a disability. Outside of tliese young people w¢ hav¢ Iraclicd directly with oiir Activities. we have a wider indirect Ica¢li of inillions taking into accouiit online eveiils, nieetings, campaigns and awai'eiiess i'aisillg on radio. Our wider reach also iiicludts oilicrs, such as payents, teachers alld commuiiity incinbcrs. Our impact on Youth Civil Society: We continued in oui. effoits to $tYeiigth¢n youtl) ¢ivil society, sui)poEting ￿'ass1.00ts youth-l¢d oi'ganisalions and youth-led change at scale. 2,904 organisations sigi)ed up to th¢ Youll) Coll¢¢live Digital platloi'm. We saw an a¢ccl¢ralioi) iii new sign-ups thi.oli￿o￿1t thc year, i'elated lo an iiici'eased focus on digital mai'kctiiig, at)d the launch of multiliiigual verstons of the newsleller, wliich furih¢r allow¢d us lo fostei. new i'egional m¢mb¢rsliip and foi. the Youth Collective lo ￿'OW in noii-Ertglish spcaking re¥ions. Lcd by Resil¢ss Developinejit and delivered in pai'lneiEIFlP wilh six organisalioiis.. Acetsiintable Now, Inlegiily Action, dot.Lebanon, WaE Cliild, ii)ti2c, and Y Cair Intei'jiational Tlii% includes additional 39,948 reaclked by a nuinbcr of 'inte￿ated, PTogrartii))es tutting atross tnultiple uoal aicas, nol included figuTe8 split by area above. We pi'ovide an option witliiii our reporiiiig system to capture tliose who do nol SI￿re iheir gendeF identity or do iioi se¢ gender &s bin2L ry, but Iliis figure was rounded down to 00/0.

RESTLESS DEIIELOPMENI ANNUAL REPORT FOR THE YEAR ENDED 30TH SEP'fEMBER 2021 BeopYYouyDpEPPLE We engaged 883 iieiv partnei's (coinpaied to 630 in 2019120), NITltli 182 of tlicsc being youth- led organisations. Ovei. 30,/0 ofcngagcments i'elated to providing suppoi't it) advocacy, wliile 17/0 I'elated to mentoi'ing or siippoi't visits. Pai't of our focus ha.s inGludcd a push to ensLire Inoi'e equitable, flexible ai)d sustainable fuiidlng ffji. youtli civil society. This has beej) suppojtd tliiougli tlic slai'l of doiioi. dialogue evenis bringing donoi's lo£etliei' with youth-led oi'ganisatioiis. A suivey amongst Youtl) Colleetive meiiibcrs in Jiine 2021 foLmd tbat tlie majority of responden¢s said tl)at bcing part of the Youth Collective lielpcd fostcr collaboration with otliei. Civil society Ol'8atiisations. while 40n/o sAid tliat tliey have Inci'eased access to Capacity biiilding resources since joiniiig. 2) CHALLENGES AIYD Lll SSONS LEARNT Thc most sigiiificant challenges we have faced ill delftvei'itig Qui. str21egy ¢ontinuc to bc iElatcd to the Covid-19 pandeinic. Wc havc Icarnl alld adapted our work Èn i'esponsc. Cliallellges to delivery Impftct of Covid-19 on iniplemeiitation: Goverrnkneiit restrictions have liinitcd the delivery of in-person activities. for example Ihroligh school closures and i'eqtrictions on movements in India and Zambid, ijr bans on large crowds in Tajizania and Zimbabwe. The shift to virtual delivery has presented its own ehallenges. Iii Uganda wc found that local Stakehold￿.8 were less likely to cngagc with us online as part of our cominunity level a¢¢ountabilÈly woi'k. Sigiiilicantly, we have seen tliat the restrictions aiid ehAllenges posed by digi(al ellgageiiieiit have impacted unequallyy 111)d been felt nioi'e aciitely by more margijialised youi)g people and communities, especially womcn and girls and people livillg with di.qabilities. In India, tli¢ limitcd access gil'ls have to smartplion&s or tlie internet were bai'i'icrs lo ¢ngaging tlieij) in orbline sessions. Wclf81'e ealls witli female volEEnteers also highliglitcd the fllcntal health challenge8]x)s¢d by the pandemi¢, exaspei'at¢d by r¢sti'i¢ted aecess to inental health seivices, Adapting delivery: To mitigate tli¢ g¢ndeird digital divide we liave recognised the iiiiportance of I'eciillting female volunteers to lead oui. woi'k. New pLDgramtnes have emphasEsed recruitment and community engagement sti'ategies to support tliis, ineluding biitldiiig on relationsliips pirvioLisly developed with slakehold¢rs tlu.ough 'in-pcrson' prO￿.a]i￿nes. We have recogniscd tlic importanee of etnpliasisiiig faee-to-face delivei-y whei'c ]xissible, which has been the casc in Zimbabwc whei'e we I￿ve fouttd that disabled young people are the mo81 mai'ginalised when it comes to digital pi'ograinmes. Closc woi'king i'elationships witl) government,%, for exampl¢ in Si¢i'ra Lcone, has i)iade it easier lo uiiderstand i'estrictions and altei. delivery. W¢ liavc applicd fuitiicr teclillical innovations. In India, undei. ti)e STEM for Gil'ls p1.0￿.a1￿Me, interactive voice i'esponse {IVR) Ine$8aging was employcd lo rcach out to stiidents througli tl)eii' parents, as il IEouires lower level% of digital literacy and dala. 10

BESILESS DEIELOPIIEIIT ANNUAL REPORT FOR THE I'£AR EIYDED 30TH SEPTEMBER 2021 <YtsUABgEOPIE Learniiig fi'om digital appi-oaches: Dcspitc the limitations noted with i'cgai'dg to tlie level of equal aiid Ine211ingful engageinent witl) digital ppl'oaches, we liave also secn how Ihcse appi'oaclie5 can r¢du¢e costs aiid enable wider engageinent witli young peoplc across the world, as well as allowing us lo rclain coiilacl willi cominuiiilics diiriiig p¢riods of restric1i0i￿ from Éhe patldeinic. Our leai-lliiig in thts ai'ea l)as pi'oinpted Hubs to iecoiisidcr how tliey design activities in tlie fiLture {ai)d potent1211y post-pat)demic context). We have leaiThl the impoi'tance of Ihc following.. Carefully co1￿1deling the 8uitability of ac(iviEics io bc dclivered via digital approacli&%. Implementation ot me&%ures to pi'event the exaeerbation olthe 'digital divide,. Ensui'ing young i)eople dl'e PLDtected in digital spac¢5. Thiithing eattfully about sustainability. External polltleal envlronment", Ele¢tion ¢aiiipaigns and ￿ncreasing i'esti'ictloiis froin governiiients civic ftEedoins, i'csuliing it) a shrit]king of civic spacc Iiavc also Impact￿ our operations throughout the yeai.. Tliis is a global trend ttot confined to a single countiy. Llvellhoods eliallenges: We have seen young people having lo Inci'casii￿lY pi.ioi.it15¢ genei'ating activities in tl)e face of tlie challeiiging econoinic reality ai'ound us. Foi. oui. i)iodel, that has i-educed the tiihc they al'e able to commit to volunteeriiig - as has been notrd in pi'ojccts IJ) Zambia and India. We have also seen challenges iii eiisui'in£ $￿4*&1￿abIIitY of ow livelilioods piogrammes. Foi. ¢x&mplc, iii Tynuniu we found that the youth savings and crcdit cooperatives we have supported i'etained depeiideiiee on the project teain foi. direction And guidance. We ir5pondcd to this dvough thc pi'ovision of additional ti'aining, coacliing and mentOi'Aiig. Covid-19- Summai'y of impact and i'espollse: As highlightcd by tlle chzllcngcs and leaming above, tlie Covid-19 pRndemic l)as colltiiiued to have a significaiit linpact 011 Oui. wol'k across Ihe woi'ld. This incliides boili the dii-ecl impa¢t tlul reslri¢li(Ins alld lockdowns across oui. Hubs hav¢ had on our ability to imi)leinent oui. woi'k, to tlie many diir¢t 8nd itidii'ect impacts of the pandemic felt by the young people and coinmunitics we woi-k witli. Notable iniliativ¢s in i'esponse have incliided.. Adaptlng our community engagement model: The Conimiiiiity-led Action pi'ogramme iii Si¢ii'& L¢on¢ ha5 ad&ptEd th¢ Iqub's cotnmuiiity engagement iiiodel, and focused on i"aissng dwai"eness to reduce the spi'ead of Covid-lg and Ebola. Woi'king in partiiei'sliip witli LTr41CEF aiid the Ministry ofHealth, the pi'ograIwiie expanded to tai'get 1,000 coinmunities across tlii'ec districts. Youtli-led r￿earCh. We have continued to build ow. body of r¢searcli mapping Ibe impact of Covid-19 on youiig people and youth oiganlsations. Foi. example, in pai'tneiEI)ip with the Asian Deipelopment Bank and Cainbridge Uiiivui'sity, we hav¢ been woi'king with yoiiiig researcliers iii Nepal and Illdoncsia to w]dcrstaiid the iEiipact of the pandemic on young p¢ople's livelihoods, supporling vulncrabl¢ gt-oups to documejit theii. experience.

RESILESS DEIIELOPMENI NNUAL REI)OR'r FOR'fHE YEAR ENDED 30TH SEPTEMBLR 2021 On an operatlonal level, we have continued to apply appi-opriate protocols iii liiic with i'isk asses￿mentS for oui. 0￿[ees, which are adapted in i'esponse lo any gEEiges in case8. Reillote woi'king is e.4tahli.qlied foi. all our Hiibs aiid thcy liavc becn moving b¢lw¢¢n officc based woi'king envii'oninents {witli appi'opriale safety me8SUI-cs iii plaeel aiid ieniotc woi'king iii I'cspollse to sui'ges iii cases. Pei'inanent inci'eased flexibilily woiq(iiig r¢nio)t¢ly has been ints'oduced in most Hubs. We l)ave also seen a continued aceelei'ation iii the application of a disti'ibuted leadeiEhip model, with several Inoi'¢ of OLU. global I'oles being based iii tlic Global South. This has taken advantag¢ of tlie oppoi'ttEnitE¢S fiDm vii'tual Tlltet7Ctioii. Tlic impact of tlic Covid-19 pandemic on fiiiancial In￿.kctS has geen a slight imy&'ov¢iTricnt i unt-esti'icted income fi'oni UK suppoi'leys to R¢stle.ss Develoijmertt lil 2020121 ds conipared to the pievious year. Uniesti'icted pi'ojections for 2021122 arc at pir-pandemic levels. Tlie most signifie&nt iinpa¢t of thc pandcmic on Rcstless Development's funding last yetti. was in I'elatioii to the Foi'eign, Coinmonwealtli dnd Dcvelopinciit Office (FCDO). The FCDO awai.d¢d a grai)t to Resilcss Dcvclopmcnt for the Civil Society Unleaslied.. A model foi. Youth and Community Driven Cliatigc projcct on 15 A￿gL￿t 2018 witli a value ofapproxiinately £12in over five ye&i¥. Howevei., the Accoiintable Giant Ari'angeinet)t was i'educed by 200/0 willTrin 2020121 and tlieii shoitly aftei. we weiE notified by the FCDO Ihat'tlie impact of tlie pandcinic on the UK economy has i¢sultcd in a rediiction in the Official D¢v¢loptt]cnl Asslstance (ODA) budget for the financial yeai. 2021122" and following a i'eview the d¢cision was made "lo teriiiinale tlie arlangemenl in oi'd¢r to find ihe ttecessaiy savings and du¢5 nut I'eflect on the pei'foi'mance of the partner" This resulted in a decrease in Income, and a corre8ponding rcduclion staff and activElies, as well as die loss of an innovative flagsliip pi'OEI'anune kniown as tlie Developinent Altei'native. Thi'otsgh ow. extei'iial eiigagement woi'k wc have scen the return of some l¢v¢l of in-p¢r5Qll cngagcincllt and attendance at coiifa'ences Étiid evei)tS, Cokttbiiied with oiiline and remotc ¢n8agciiicnt. This has allowed us to engage a bi'oad¢r, moa'¢ glob41 gioup of youiig pe()ple bul also with a focus on ensuring we adopi whei'e possible, inclusive appiY)achcs, for example offei'ing data reimburscments for paiticipatioii in online event8 2nd w()rk8h()p.q. We havc contiJJucd a focus on monitoi'ing and sli'eiigthening youth civil sOCl¢ty. Plans for fi uture Perlods: The following section Olltlines our plans for the ye#r framcd aTound thi'ee lenses that we apply to the leadei'sliip of oui. organis4lion'. strategyy agency and iesoui'cing. Tlii.g diiection is bn'ounded in the lessons we have Icarnt ovcr tlic past ycai., aiid the clianging global cunl¢xl dl.uund lib. In parLiculai', we would higliliWit the following.. Tlie Covid-19 pandemic.. We Lecowiise the significant and ui)cv¢n iTnpact that Covid-19 continues to have aiound d)e world, ineliiding the digpropoi'tionat¢ effects felt by youn8 people. Tlic pandemic has also aeeelei'alcd changcs in our sti'alegy and ways of ivorking, and remindcd us of tlie itsilience and flexibility of youth power. Oily comniitmeiit to shiftiiig powei.: We are cominitted to di8ti.ibuliiig leadership and bi'eaking down any inhereiit sttiictuial i'acisin in oui. ageney. Thi$ is grouiTrd¢d iii Ihc Icckoiiing tliat came fi'om the Black Liv¢s Mallcr pi'olesls and debates o&1 tlie Iieed to decoloni8e dcveloi)mei)l. The eh#iTrglllg face of youth le*der%hip: We have seen a new-wave of youth-ijowei'ed innovatioii, nrgaJiisii)g and cli2ng¢. Fi'om School Sti'ikcs for Climate, to Black Lives Matters 12

RESTLESS DEIELOPIIEN1 ANNUAL REPORT FUR THE YEAR FNDED 30'fH SCI PTEMBER 2021 and Eiid SARS, arc inovcineiits led by young people aiid ei'cating global clian8c at pace, Despite this youth civil society i'¢mains Ilircatciicd, sliut (Lown and Lilldei'funded. STRATEGY- Pi'ogi'ammes, Campaigns, Advocaey) Reseai'eh, Netlvorks and CommuJii¢#tion$ Updating oui. sti'ategy". In tlie face of how inucl) the world, R¢511cs5 Developiiieiit dnd youth leadei'ship has changed since we launched our last stiategy iii 2016, we hav¢ s¢t out to update oui. new stsxtegy in the 2021122 finaiicial y¢ar- uniting the svljole Agency behind a pro¢esg, oiviied by youi)g people. Oui. updaied sti'ategy aii)).8 to be reflcctivc of the work that we are alr￿dY doiiig, alld provÉde a clear and curi'ent line of SI￿)t acro.qs the ag¢n¢y. The strategy respoiid$ to Illlpol'tant global I'eseairl) can'ied out Ov￿. tl)e last six mond)g, in paiticular the '10 Yeais Evidence & Leai'ning Review- Youtl)-led clia]Ige'. Wlial wui'ks?¥ and tlie State of Yolltli Civil Society Rcpoit 2021 (to be publislied on 30 March 2022). The strategy update Proce.￿ has becn guided by a globdl Strategy Refeience Gi'oup of yollng leade1% reci'uEted fi'oni acioss Rcstless Development programmes. The updated Ylral¢gy biings youth power lo the centre of everytliiiig wc do as Restlegs Developmciit, d¢fiiiing oiii. modelA foi. eliaiigc ai)d api)i'oaches for acliieving this. Kicking off with the launcli of tlie Stale of Youth Civil Society I'eport- Youth Powei. in a Pandemic - on 30 Mai'ch 2021, we will begin shai'ing oui. updated sts?tegy and products. A s¢ries of dissemination and advucdcy events will be scheduled to shal'e update5 with partners young peoi?le in oui. netwoi'ks, goveimments aiid funders ovcj. tlic coming year. A sti'ategy cunfei'ence foi. Rr8ilcs5 Development stdft is planned foi. May 2022, as an oppoitllnity to take a deep dive on how w¢ as an agency can impleinent this updated approacl). Strategy roll-out and implementatlon - focuslng oi) eviden¢e: We will be Ci'eating a l'ange of resources to suppoi't our Hubs, to stal'l to de%igA and impl¢m¢nt tlioii. woi'k iii liiie with tl)e updated sts'ategic dii'eclion. This will in¢liide Irvicwing and updatiiig oui. global pi'og'arrlllle quality fi'ainework and i'esults fi7mework. We will also bc continuing to put evideiice al the healt of otsi. work, updating Qui. Evidence and Leai'ning stiategy b&sed on findings from the Evidence and Leaming Leview Iiiglilighi¢d abovc. Strengthening Youtb Civil Soelety- gToiving tlie youth collective: W¢ W￿1] continue to sti'englhen, I'esource aiid rollncct youth civil society via ihe yoiit]) collective. Tliis will include a further push to grow meinbei%hip,' de¢p¢n engageiii¢nl and ownel'ship via building youtli collective communities that ai'¢ regional oi. issiies focused,. pi'oviding ￿[her li'ainiiig support to meii)beTS, iiicluding thvoiigh our LeadeR%htp Labs. and shai'ing fiinding oppoi'liinities. Pi'ogi'e5s on Iiey global advocacy 171)d eamp&i£J)ing prioi'ities: Therc will be a nutnbei. of moments and initiatives throughout tlie year wh¢i'¢ will scek to action our updated sts.a￿gy. Oil climat¢ jusli¢e, w¢ will be bLiildii)g on the support we provided to young cliinatc activists at the delayed COP26 in pi'cpaiation foi. COP27 in Egypt. On education. fuithcr to ovi" role in the 2021 Rewii'E(I globdl educ<ltion suinmit, we will continue our collaboi'ation with the Unlock tlie FlltU￿ Coalition to mobilise young people's engag¢mcnt lowai"d5 the Ti'ansfoi'iiiing EduLation Summit in Septemb•. 2022. 13

BESILESS DEVELOPMENT ANNUAL REI PORT r4OR THE YEAR EI NDED 30TH SEPTEMBEI R 2011 AGENCY - Operations, People and FinAnce 2021 saw the ageT)Cy iioiI]iali8¢ I'einote working and virtual eoimeettons. Fi'oin adai)ting iiolicies dnd pi'ocesses in a viitual woi'ld, tQ IE-introduciiig oui. inteiiiul uiidit prOgry￿7n1]I< i'¢multtly, Ili¢ dgjency has adopt¢d dnd integi'aled flexibility in ils appi'oacli to woi'kiiig aciD5s multipl¢ Ioc2tioi)b dLlI'ing 2 time of alinost no iiitei'iiational ti'avel. Ag we Inove iiito a new strtttegic eiB, 2022 ivill see the ageIicy foci on.. A iieiy Ageiicy inodel wliich i'eflect4 2t)d embodics oui. approach to shifting powei'_ not just digtribuiing leadership, biit being anti-racist in OLU. approach to liow w¢ lead thc global agciicy. Building a quAllty assurance framework to Tefle¢t oui. new ambitions and monitoi. our pet'loi'maiice and pi'ogiess to aclii¢v¢ this changc. EsttblEshing sts'ong talent pathivays foi. youtli leadership tEll'oughoElt tlie agency, culminating in young leaders joiiiing all leadersliip spaces. Delivei'iiig oui. expei'iential leadeishlp coiii'se to all oui. staff aiid in-pei%on volunteei's, whilsi building th¢ design with Ilie feedback froni oui. pilot toi. cffcctive i'ei?iote paiti¢ip&tion for all yoiing pcopl¢ with whoi)I w¢ cngage. RESOURC1Tr4G - busliiess developmeiit During 2021 wc dcv¢loped and launched a n¢w Global Resowring Sts'atcgy to scl Ihc ambition 2nd strategic prEorili¢s to 8￿￿de our IEsoiEree inobilisatioii effoits ovei. thi'ee years fi'om Financial Yeai. 2021122 to 2023124. The Iti'ategy allows tlie Intemgktiotr)al Board and Restless Leadei'sliip Team to liold the Resourciiig LeadeiEhip Team to awount, aiid provides a framewoi'k foi. the Resoui'cimg Tcam to set yearly targets and objectives against. Tlie vision: Rc511css D¢velopment is successfiilly I'e-positioned in the fiinding mai'ket by oui. high pei'foi'ming, divetse and inelusive team, to mobilise £36m that will enable us lo shEft power to millions of young leadei-s around Ilic woi'ld by Septembei. 2024. Our ambitioii is to rc-build and grow, I'aising £IOin in ycai. onc,. £12m it) year two,. and £14m in yeai. tlii'ee. The develnpment pyocess: Tlie Global R¢sourciiig Stratcgy was d¢veloped thix)ugl)out 2021, drawiiig froni Inarket I'esearch., ¢onveisations witl) parliieis and fundei's. feedback fi'oin peers in Ihc sectoi" irttei'nal analysis on past li'cnd5,' CQ115uliatlDn with key internal stakelioldei's- and a youtli itview. As of (ktober 2021 we Enovcd into the impleinentation phase alld bcgan repoiting agaitist tlie new laigcis, objccliv¢8 aiid key perfoi'maiice iitdicatoiE (l(Pls). What do we mean by "power shifting "A i?oivershfi lili£ appi'oarli fo iiilei'iicilioiial develoyiiiepit i'ecogpii5eJ ihiil we Iiiive o resJ)oJi.%ibilily to I'esioi'ewwei. apid iafOUI'ees ¢0 people uiid COPKIiilllÈEtEÈS who Iiuve been oppi'e.vsed ihrougli sysleiiis siieh ay coloiiialisni, pacisin, sexism & cliiJsisi How Restlcss Dcvelopinent inobilises IESOiII'ces inatters. We I'ecognibe that funding is a justi¢¢ issue and Cdiinat be viewed as sepai'ate fi'om our vi.sioii and mission. Therefor¢, we view the i'edistribiition of i'esources from donors in tl)e Global North to young leadci's in the Global South as a key part of our powei'_sl)ifting mission. 14

RESILESS DEIIELOPMENT ANNUAL REPORT I,'OR'fHE VCAR EINDLID 30TH SEPTEI MBER 2021 The 3 objectives. To secui'c £36in over thi¢¢ y¢ars in quality fiinding that i'C5011rces oui. strategy and agcncy plan. 2. To seeL to sl)ift powei. tlll'oug]i oui. iesoui'ce mobilisaiion aiid oui. parlii¢r5hip5. 3. To establisli a ETrigli pei'forining atid diverse Resouire Mobilisatioii t¢aJ)i an(1 a iepi'egentative aiid inclusive Rcsoui'cing Leadei'ship Team. Thc Global RcsourGing Stiztcgy Én¢lud¢s incoine targets, KPIS (including ones relating to powei. shifting partnei'ships), atid prospeet# per iiicoine stJe8m. We have cl)oscn to tvaek internlllly the numbei. ofpai'tllersliips we liave in placc cacli ycai. Iliat do oiic or inoi'c of the following to qualify as a power i'estoi'ing I)￿'lne1511lp-. l) A funded co-ciEation pliasc witli yoiiiig lead¢i's l youth-led civil society orgaiiisations 2) Yoiitli-led ieseai'ch as pai't of the pi'ogtaillme desigii, theitby e116111.ing Ilie impact 18 significantly infliienced by the views of young leaders oi. fftnsiglits froin young pcopl¢ and / or youth ¢ivEI 50¢iety oYganisgtion$ 3) A propoi'tion of a ￿'all1 agreeineiit with Rcstle£s Dcvclopinciit is desigiiated to be redistributed to youth civil society oi'ganisations as flexible income. Oui. baseline iii tlie opening budget for FY 21122 was 121. Oui. laiget for Y¢ar on¢ 15 20a/o, Year two is 300/0 and Y￿. tm'ee is 35 %. Intfflnal repoi'ting to the Resoui'cing Leadei%liip Team, Restless Leadership Teani and International Board is aligned lo these newly launclied tai'gels aiid KPIS. Dut'ing 2022 Hub specific I.￿0Urc1ng plans will Also be devcloped to provide a more contexillalised plan for eacli thnding inarket Restless Development works ill. Safeguardillg The safety and welfare of staff. voluntee15 and the Cot￿nUnitieS we work with is pai'ainouLlt. Oiir safegLiai'dillg systeins air desigiied to causc iio hari)I through our woi'k. We do eveiything in oui. powei. to ensuie ti)ai liariii caused by aiiyone linked to us is i'eported, &nvestigated, with appiDpriatc measur¢s taken. Safcguai'ding is ovei'scen at a governaiice level by two inembers of the lftternational Boai'd of TAUStces. Global accountability is delegated to the Lead Safeguarding Officei. {a Restless Leadci7hip Tcam Dii'¢Gtoi')- a S¢nioi' Safeguarding aiid Security Managei. and supported by a global staff tvam of nÈnc who ai'e all tl'xiiied 2$ gafegu21.ding afficers. Eaeli Hub Dij'ector is a Lead Safeguai'ding Officer who supports a dedicated working giDup of trained officei's to ttlaintain local standards. ¢omplian¢e and pi'OG¢SSCS. As a ininimuiii requii'enient, each safeguai'ding officei. is ts'ained on adinittance to tlle woi'king gioup, with additioiial training provided thi'ough our annual all4taff re-induction process and qLiaitei'ly staff woi'ksliops (QSW5). Reportlng: Restless Development iEpoiled all serious inciden(s to its TIuste￿, tlic Cliarity Comiiiission, local 2utliorities wliere I'elevant and ￿p￿.0p1.i8te donoi's wliere IEqUiI'ed. Dui'ing tlie repoi'l p￿70d, five incideiils reachcd the Ihicsliold for repoi'ting to the Cl)ai'ity Coiiiinission. Eacli of tlie five incidents was perpctt?tcd by a represeiitstive of tlie cliarity and involved a bl'each of oui. sli"i¢l code of conduct. In only on¢ ¢us¢ is il suspected that th¢ law was brok¢n and tli¢ case was reported lo the police. 15

RESTLESS DENELQPMEN1 ANNUAL RCPORT FOR THE YEAR CI NDED.10TH SF.PTF.MBER 2021 Plxiis for tliis )'ear'. Wc will be i'eviewiIig OLU. safeguai'ding I'esoujces across tlic Ageiicy and will reei'iiit an International Safe￿￿1'dIng Managei., bAsed in the Global Soutl) (Zambia) lo cnsurc wc Icplacc Ilie i'esponsibililtes curently lield by oiii. LU( based managei.. ln addition Élle Head of People will take iesponsibility as th¢ Lead Safegiiai'diiig Officei.. We will coi?Iplete our Dllty of Care exercise so we can inoi'e easily comn)ui)icate our resp()iisibilitie% towards thos¢ wc work with, thosc tlial support us and in i'elation to the many o¢iiei' iiil¢rdclioiis we have. tn doiiig 80 our staff teams will liave a bctter iiiid￿Sland1Thg of tlie a¢tions we shoiild take and we will be mol'e pi'ei)aYed lo respond quickly and eff¢¢lively wli¢ii issues arise. We i¥ill continii¢ lo rcvicw oui- global safeguai'ding policies and practices, and will simplify oui. repoitiiig pi'ocedur&g foi. all incidents Lo encoui'age greatei. i'epoitillg. We will I'eview oui. global r¢ciuitment pio¢¢sses and inductionlon boarding materials. to ensuie a sategu&rding elllttire is einbedded aci'oss thc woi'k that we do. Wc will i'e(I'esli global and hub Sdfegiiarding woi'king ￿0￿p8, ensuring that best practices are captUiEd and shaiE(l aci'oss the Ag¢n¢y. Wc will i'cvisil all TORS and CnSUTe all groups ￿'e meeting iegularly to improve safe8u21.ding practiccs in Caoh hub and aci'oss 0111. Iiituiiational opcratiotlS. Key M8nageTt]ent Per50nDcI and Pay Polley The Tiustecs of Restless Devtlopiiient define K¢y Maftag¢iiient P¢i'soniiel as bcin8 tlie Rcstlcss Leadersl)ip Team, led by the Chicf EAccutive, who are iii chai'ge of directing atid controlling, rui)niiig and opei'atirtg the Chaiity 01) a day to day basis. All til￿tee8 give tlieii- tii)ie fi'eely. Details of directors, remun¢i'&lion ai'¢ dis¢los¢d in iiolc 5 to the accouiits. Rcsdcss Dcvclopmcnt opcrates a piiblished Global Salary Scale, the purpose of which is to ens￿re that all staff across thc oi'ganisation ai'c paid eqiiitably, ii'respective of nationality or locÈtion'. tlie Global SalaLy Scale compi'ises a Set of economically equival¢nt salai'ics for a sct of dcfined staff grades aci'ogs each eoiinty whei'e Restless Dev¢lopinciil OPCLatcs. Staff ￿'adeS al'e defined intci'natlollally bascd on sta￿dard Job Dcscriptions, competencies and behavioui's which set oiit roles and i¢sponsibilities. Tlie Global Salaiy Scale is benchinarked pei'iodically against extem21 markei dRta to ensuiE that salaries al'e competitive in all the countiies where Restless Developnient operates. In 2015116 Rcsilcss Developllienl ¥arried out a i'¢vt¥w ofilb Global Salary SLale and launchcd a new five-year salary scale aligned to the five-ye21' Strategic time fraiiie. The approach takeii to the i'eview was, fol cach counti'y, lo soui'cc cxt¢i'nal Iiiarkot data and, using pi'inciples of ecoiioinic equity between coui)ti'ies. to align salaries to the fifticth pei'ccntile of the inai'ket data ovei. a course of five y¢ais. Tliis scal¢ was sct to com¢ to ai) end in Sept¢llLbei' 2021 and whilst a process is undeiway to itview this cuirent model of l)ow the agency pAys all of global salai'ies, an addilioiial ycar of our cxistillg global salai'y scale was intt'oduced ITh Oclobcr 202110 accoinmodate the delays ill the finalisation of the new sal&ry package duc to the pandeinic. 16

BESILESS DEIIELOPMEYI ANNUAL REI POR'r FOR THE YEAR ENDCI D 30TH SEI PTEMBER 1021 EBeoBYYwHttpEtsPLE Risk Dui'ing thig Financial Year, Covid-19 continued lo liedvily iinpact botli oui. progiainines ai)d oui. opei'ations as a M%joi' liicident and Disastei.. It ¢oi}sist￿1tlY i)Idnaged with a high potential impact and a likclihouil that varied between possible and piobable all year ai'oiiiid, witli the I'i5c and falls of conseciiiive pand¢inic waves. Ilic I'isk associated with tlic lack of Flexible Iiicome also remaiiied liigh throiighout tlie yeai.. Identified t￿.]Y on as 8 piiority in view of thc uncei'taiiities ai'oiind FCDO'S decksions to piill out fundin& it was difficult to nianage because of the disi'iiptiolls bi'oughi on by CovÈd-19 (cvents caiicclld, unceil2inty of the globdl econoiiuc mai.kcl and its iinpact on giviiigl. Concei'ns ovei. Senior Leadershlp were already liig]i al thc beginiiing of the year witli several Hubs plaiined lo Ii'ansition to new DiiEctors as wcll as some Inteimational Dii'ectOl'5 Icaving. Tl)is risk was increased by th¢ CEO 21moiinciiig liis intentioii of leavc iii AuBLLSt. Linked to this, tl)c risk aroiiiid our abilÈty to li￿nage Gi-oivth and Change i'¢iiiained higli as t]ie Iiitcrn2tional team went thi'ougli anot]icr i'estLiicttii'c, t¢ams wei'e ii)CLeasingly sti-ctched, and we stai'ted woi'k on oiii. new Stiztegy. 17

RESTLESS DEIIELOPMENI ANNUAL REPORT FOR THE YEAR fiNDED 30TH SEPTCI MBER 2021 FINANCIAL REVIEW Fingtiieial perfoi'imance in 2020121 Rcsdess Develupmcnt income dcci'c2sed by 250/4 as a i'esiilt of tlie enntinucd impact of Covid-19 and the eiid of seN'ei"al FCDO fLinded i)iograin]ncs duc to the DFID and rco iiieiger. Tlie contiiiu8tion of the Covid-19 paiideiiiic again impactrd Ihc unresli'icled fiindi'aigirtg incoine aiid altliougli a 6eri¢s of Inini-ti'iat]Ilons weie held, fijll %cgle events wci'c not possible a full piDgJ'ainme is ietui'iiing in 21122. Tliis was offset by a 28.6 /0 dccicase iii charitable activits¢s, wliicb Initigated tl)¢ iillV8cL on fl'ee reseive5 IEsiilting iii £59,000 of iinresti'ict¢d free I￿erveS being used. Incoiiie fi'om tlie overs¢as Hubs (£5,439,000) made up 67￿/0 of total iiicotnc compared lo (£7,468,000) 69.50/0 in 2019120. Resti'ictcd i'eserves incrcascd sliglilly as a i'esult of some ncw pi'ojecls stai'ting in our oveiseas Hubs. Flnan¢ial revlew summa 2021 8,066 7,830 130 106 2020 10,753 10,971 213 431 Income endilure Forei n exchan ainl loss Increasel de¢rease in total funds Of which.. Increasel Increasel Increasel Increasel Total decrease decrease decrease decrease ir) free reseNes in desi nated reserve in fixed asset reserve in restricted reserve 59 339 60 84 52 431 89 254 106 Tlie iiiipaet of movemeiits in Foi'eign ex¢liange l'ates in 20201211)2s been 8 £130.000 loss, wliiLh was duc to the BYiLish Po)und strengthentng against tli¢ US Dollar and all of aui. ov¢i'ica8 liiib coiintsy cunYi)cies also weakcniiig, in parliculai. the Sicn? l.conc Leone. Foreign cui'i'ciicy balances lield at yeai. end ai'¢ translatcd at the exchange i'atc on the balance sheet date and tlieJ'¢foi'e can be subject lo flEictu2tions. Whcr¢ appi'opi'iate, fuiids are lield in liai'd cut7Encies sucli as GBP and USD, l)owever uItEin&tely th¢ tnajoLlty of Restl¢ss Dcvelopment's activities oeeui. iii sub-sahai.￿l Afi'ica and sO￿th Asia and Ilierefoi'e excliange l'ate ri.4L8 can nevei. be cuinplelely eliminated. Reserves Policy Restless Development has a reseives policy which is regularly reviewed by TrL¥Stee$ 2gaiiist the cuiyent I'isks faccd by the oi'gdnisatioii. Restless Dcvelopnient adupls approach that provides a benclimai'k against w,Iiicl) Ti￿SLee.9 as￿85 il?c adequacy of unrests'ieted i'e5¢rvcs. This approach aliiynq the unrestri¢t¢d rc5erves benchmaL'k clo.%ely with Ihc i'isks the org&nisation has identified oil the Risk liegistei- by going thi'ougli ai) exei¢i8e to cost the potential inipacl of the I'isk& ci'ystalli8ing in order to ¢alcul&lc uirestricted reserves benchinark. Tlic bcnclijnai'k used by truslccs talces the average of tkn'ee appi'oaches. The fiist appi'oach quantifies thc iisks and sums all of the risks that liave a pi'obable lik¢lihood of occui'ring. Thc seeond approacli takes the total of tlie two must expensive risks w)d tlie thii'd appi'oacli uqes a wel￿)[c(l av¢i'agc based on the likelihood 2nd pIDbability for each of Ihc top ten risks on the risli r¢gislci'. These incliide cuiY¢nt iisk8 agguciatcd wilh Covid-19, and also take into account the i'eduction in total expenditure as a i'esuli of i'¢slThcttii'ing effoits. Ba5¢d on the Risk Registet. as at April 2022 tlie benchmai'k foi. Fl'ee Reserves is £743,791 (2019120.. £768,953). AL 30 SepteInber 2021, Restless Development had total funds of £2,978,000. R￿tricted funds were £2,18S,000 and Fi'c¢ I'¢sci'ves wei'e £719,000 {2019120.. £778,000) wliich r¢pr¢scnts 97 % of the curiEnt benchmai"k set by tlie Ti￿SteeS. 18

RESILESS DEIIELOPMENT ANNUAL REPORT FOR THE I'EAR EI NDED 30TH SLP'I'EMIIEI R 2021 Iii addition to these Iiieasui'es tl)c tnistccs use a secondary niwdsure to Compare the free i'¢scrv¢s with 3 montli avei'age riinning costs {iiiade up of adn)in, governance, fundr&ilSlJ)g and SEIPPQI'I starring). WlJen looking at 3 LIIOllth aveiage i'unning costs our resei'ves al'c at 77 1 of tliis Iai'gct. The oi'ganisation's I'esetves will eoiilinue to be ¢loscly Jiionitoi'cd ovci- the next 12 months with tlie aim to rebuild thciii. Fundi'aising Objectives Alongside Restless Development's Global Strategy aiid Agency Plii bits a Financial Model tliat guides our financial sustaiJi&bility ancl i¢souicing decisions. Seciiliiig funding to be able to deliver our sli'alcgy and achieve ow- goals i'equii'es appropi'iate ai)d consistent ii)vestment in ol'der to opci'atc cffcctivcly. Rcstlcss Developineni developed a new Global Rcsoui'ciiig Sti'alcgy duri1￿ 2021, which was laiin¢hed 01) 0¢112021. Each Hub will be developing a coi'i'esponding Resourciiig Plan duriiig 2022. Rcstlcss Dcvclopinciit aims to secure the fiindiiig il needs to deliver its pi'ogramm¢s effectively fi'oin soiirces and partners wl)o fi]Ily support the mib.8ion aiid value.% of tl)e oi'gat)isalion, without becoiniiig ov¢i'_reliaDI on aiiy siiiglc donoi.. Rcsilcss Dcvelopment sti'ives to eiigage each of its suppoi'lei's in 118 wol'k, and so maiiilains a fiill and transparent reporting and coinmuni¢alious syslc to e￿$llre that donors are well infoiJned of the succesgeq and ehalleiige% beiiig faccd in the pi'ogrammes wliich they are supporting. Fuiidralsijig Approaeli #lid pei'foi-maii¢e In 2020121 the chai'ity undeitook fundi'aising activitie$ throiigh 2 sevics of mini singlc schi)ol ti'iathlon cv¢nts, vii'tual and in peison fundiai5ing events. Restless Developmeiit does not employ professional fiindi'ai8eis to generate iiicoine for tlie chai'ity, noi. do we engage in cold-eallin& door-lo-dooi. oi. street fitndi'aising. R¢stle%s Developinent is I'¢gi.qtettd with th¢ Fundi'aising Regulatol. dnd ddlietts to the Fundi'aiging Code of Pi"a¢ti¢e aiid UK Fundraising Standards. No coinplaints have been received by tlic charity i¢gai'ding any fundi'ai8ing aclivilies. 1112020121, fiindraising activities raised £363,520 coiiipared to £411,387 in 2019120. This deu'¢as¢ was priiiiarily du¢ lo die rcduclion in coi'POL7te donations.

RESILESS DENELOPMENT ANNUAL REPORT FOR THI YC4AR LINDEID 301'H SEI wfLIMBER 202J ORGANISATIONAL STRUCTURE, COVERNANCE AND MANAGEFVIENT Restless Developiiient ¢ontiniied to be active with a full-ttille presence and scl of pl.0￿.aMnles dui'irtg 2020121 in India, hTep21, Siei"i'a Leone, Tanrdnit, Uganda, UK, Zambia and Ziinbabwe. Restless Development opei?tes in cach of thesc Hubb Iluiiiigh d lo¢&lly regi6Lered c)rgaiiisatios1 willi its own natioiial Board ot TI￿StC¢S and treats tliesc oiBaiiisatjOll$ 89 branches for tlie purpose of prcpai'ii)g consolidat¢d accouiits. A Ti'adeiiiai'k Licence AgreeM￿lt is lield between tlie UK entity and all otliei. Hubs allowing tlie collcclivc usc of Ihc Rcsilcss Dcv¢lopmeiit bl'and. Restless Devclopment is ali agency driven by its Hubs. Eacli Hub lias a Hub Dii'cctor who leads the Hub and the staff who implement the work of tlie Agency and support voliint¢¢iE and all11y￿1 in the iinplem¢ntation uf pro￿.￿t￿nIeS. Tl)e l.lub Dircetoi. also functioiis as a ii)embei' of the Global Leadership Team and liais&s with a dedicated membci of tlic Re5tI¢5s L¢adei'ship Tcam for support of issue.s ielated to strategy and alignment with global Restless Development objectives. Resiles.s Developmeni ￿]tcmatio￿aI providcs support, dii"ection aiid ovei'.%ight of all of the organi8ation's actLVltics. It is lcd by Co£hicf Executive OtYieei"s wlia Yeplaecd tlie outgoing Chief Exeeutive Otyieer in July 2021. The CO-CFOS al'e siipported by a Restless Le&dersliip Tcam of s¢vcn tliat consists of six Dii'¢clor5 and Ihiee young leaders (appointed fjn Mai'ch 2021). The policy of Restless ncN'clopinciit is to wni.lc tiTrwards all l.lul?.41)cirtg gelf-qufficient financially, soiircingT funds froni gov￿￿￿}ellt, pi'ivate sectoi., bilatei'al and miiltilatci'al institution4 with support as neeessaiy for (li'aising from Restless Developinent Intei'national. CovorninLI Documents Restjess Development, found¢d oi'sgittally in 1985, is a Chlli'itable TrLLSt goveined by its Memoiandum and Aiticles of Associdlioi) dated 9 Febiuaiy 2012. It is i'cgistcr¢d wstli the Charity Comtlli55ion (No. 1127488). Restless Developmenl is &lso a company liiniteil by guardntec. Ihc company's i'egistei'ed numbei. 16 6741123. Th¢ global Boai'd of Ti'ustces accommodates five coinmitteex ta refleet our ageney, and to ensure time is dedicated to diffei'ent topics in the quaitei'ly n*elings. The CoininittCC5 at¢ Financ¢ & Audit. Pcoplc & Culture. Progranwnes & Poliey. Resoui'cc Mobilisatioii; and External Engagemenl. Reci'ultineiit and Appointment of Trustees Boai'd and Comivitt¢e r¢vi¢ws are used to idejjtify polaitial gaps diii'ing thc I'c¢witm¢rtt of iiew Tiuslccs. Ncw i)ot¢ritial Ti'ttstee eaiididateg can be piit foiward by any Trustee, Patroll. the Chicf Executive or Restless LeadcLship Tcani lllcmbcr. Once put foi'wai'd, PL'OSPCCtive Tiiistees are In1￿'VIeWed by current Trllslees, including the Cliair, and also meet with th¢ Chai'ity's Chief Executivc Offi¢ei' or 2 m¢inb¢r of the Restless Leadei'sliÈp Team. Thc intCLVieW proc¢ss infoi'ins both parties. piDvidiiig dJe individual wid) a Solid gi'aunding in Restless Developinent's sti'ategic aims, prograiiimes and pi'ioi'ities, as well as fa￿lIlarity willi th¢ Twstees, Tei'ins of Reference, Incctings schcdule and expectations. If the prospective Ti'ustee is as$e.18ed to be a good fit with lh¢ Cl)ai'ity's al￿1, valucs and thc existing mix of Trnstee skills and netwoi'ks, thc cutTcnl Tiuslces vote on whether the individual should join the group. 20

RESILESS DEIIELOPMENI ANNUAL REPORT FOR THE YEAR ENDED 30TH SCI PTEMBER 2021 Ti'aining of Trustees TNstees air ItcNited for their specific slcills and experien¢c to illeet organisalional pi'Èoi-iti¢s and cilsiii'e a wide I'aiige of specialist areas. Ti'aining foi. Tiiislees is conductcd iii thtee ways.. l. Truslees Induction.. Each Twslee, followirkg appointsii¢iit, has an indiiction nic¢tiEig with the Cliaii., Ihc Chief Ex¢cutive and lliembcrs of tlie Restless Lead&Bhip Tcain covering thc Ol'ganisatioii's backgi'oiind, cui'itnt fociis aiid sti'alegy and key dociimcnts. 2. Trnstees Away Days.. Ti'ust¢cs liold ali annual Awciy Day whcre a wide v21.iety of topic% arc covei-ed, dei)ending oIi prioi'ity arcas foi. Tiiistee training identitied by ili¢ Cliaii.. tl)¢ Trustc¢s and Ihc Ctsief Fxeciilive. 3. Safeguai'diiig Iiaii]illg'. Two Ti'ustees are iiollli111& ted ai)d ttxiiied as Safeguarding Officers. I'liey Iiaiie ovei'sight of and ultiinate i'cgponsibility foi. a coiiii?I'ehensive sct of polici¢s, I'epojting pi'ocesscs and agency ti7ining plai)s thai are led dll'ough Ihc Operations Unit. Tlie (Trustee) Safeguai'ding Off2c¢15 wol'k witji the ageiicy's Lead Sdfeguarding Officei. and Intei'national safeguai.ding teaiii on both the ongoing Safeguarding processes and any incidents as they arise. Restless Developiiient operales planning and budgeting system$ with an annual budget reviewed by tl?e Finan¢¢ & Audit Com]))ittec and 2ppl.oved by the Ti'ustecs. Any signific8nt changes to thc5e plans are siibject to Ti118tees' approval. Revised forecasts uiideitaken quarterly dul'ing the ¢ouise of the yeai., and reviewed by the Financc & Audit Coiiunittec aiid tli¢ Trustee Boai'd. Restlcss Development's fillallcial repoi'tillg Syste￿ compares actual peJfoiTnance to appi'oved budgets on a moIithly basis. 21

RESIIESS DEIJELOPMENI TRUSTEE.8' RESI>ON,8IBILII'Y ST ATEI Mri ￿'T FOR THL YF.AR ENDID 30TH SLIPTFMBER 2021 TRUSTF,ES? RESPONSIBILITIES STATEMENT Tlic Tivstees (Ivlio are albo tli¢ direcloi's of Rcqtless Developiiienl for the PULyoses of company law) are respon&ible for preparing thc Ti'ugtees, Reiioit and tlic fiiianeial statemLiiib in accordai)ce witli apiilicable law and I Inited Kingdom Accoujiting Staiidards (Unil¢d Kingdom Crertei'ally Acceplcd Accountiiig Pi'actice), and the Ffjnancial Reporting Standald 102. CoiJ]pany law requiies tli¢ chaiity truslccs to pi'cpare fiiiancial statements foi. eacli financial ycar whicli give a ti'ue and fair view of tlie state of atTaivs of tl)e chai'itable company and of tl)e inconiing i'esoLirces and application of i'esources of the cliai'ity foi. that period. In prcp&iing these financial statemeiits. thc Iivstees al'e i'equircd 10- Selecl buildble accouIitiiig policies and then 3pply tliein coi)6isleiitly; Obscrve the metliods and pi'inciples in tbe Cliai'ities SORF- Make jiidgements and esti11￿te$ tlial 21'e reasonabl¢ and pi'iident., State whet11￿- ai)plicablc accoiintiiig standai'ds Iiave been followed, SLibjcct to any matei'ial departures disclosed aiid cxplaiiied in tl)e financial stateinents,. Pi'epaiE the finaiieial statements on Ili¢ goiiig conc¢rn basis unless il is &nappropi'iate to pi'eguille that the charity will continue in business. The Trustees are responsible foi. kccping proper accounting recoi'ds that disclose witli reawllable ac¢ui'acy al any tillw thc financial position of the chai'ity and enable them to cnsui'e tliat tile financi statcill¢nLS Comply with thc CompanÉes Act 2006 and ihe pi'OViSiOT]s of the tnist deed. They are also i'esponsiblc foi. safeguarding tl)e assets of the charity and Iieiice for taking reasonable step9 foi. tlle pr¢vention and detection of fraud and other iiYegularitie%. The Tiuste¢s aic responsible foi. lh¢ inaillteiiancc integi'ity of th¢ corp012te and fillancial inf0rn1atioii includ¢d Dn the chai'stable eompany's w¢bsite. Legislation in the United Kiiigduni governing the pi'epaiation and dis5eiiiination of financial stateinents inay diffei. fi'om legislation i othci. jiii'isdictions. AUDITORS A i'csolution pi'oposiiig tlie appointment of auditOLS to Ilic Charity will be put to the annual genci'al meeting. STATEM£1 N'T AS TO DISC.I.08URE TO OUR AUDITORS In so far as ea¢h of tlie Trusteeg al'e aware at th¢ liiiie of appi'oving tlie Ti'ustee's Annual Rcpoit- Thcre is no relevant infoiThalion, bciiig infoi'iiiation needed by the auditoi. in coikneclioii with preparing Ih¢ir repoii of whicl) the charity's auditor is linaW￿￿, and Eacll of tlie Tn]%tec's, having mad¢ en4ull.ies of fellow liiistees, h&s taken steps that h£lsh¢ i8 obliged to take as a diiEetoi' in order lo make lliemsclves awai'e of any rclrvant audil infoi'nydtion and to establi61) thai thc auditor is awai'e of ihat infoi'inatioii. Appi'oved by the Ti￿Stee5 and stgned on thcir behalf by.. Charloltc Eaton, Chair of Ti'uslcc Board 22

RES1LESS DEIIELQPIIENI TNDEPENDENT AUDITOII'S REPORT FOR THE YfAR FNDED 30TH SEPTEMBER 2021 Indepeiident Auditoi s Report to the Ti'ustees of Restless Developmeiit Opinion We l)av¢ audited the finaiicial stat¢ment9 of Restless Developinci)l ('the chaiitable coinpany'l for tlie yeai. ended 30 Septetnber 2021 which compTisc Slat¢nient of Financial A¢tiviti¢s, Balance Slicct, Ckshflow Statement alld nolcs lo the flliarncial statcmciits, including sigiiificanl ao¢ounting policies. Tlic fii)ancial repoi'ting fi'aiiiewoi'k Ilial lias been applied iii tlieii. prepai'ation is api?licablc low and United Kiiigdoih Accounting Standards, iiieluditig Fiiiaiicial Repoiting StalldaTd 102 Thc Fiiiancial Reporting stand￿'d applicablc iii the UK and Rei)ublic of Irclalld (United Kiiigdom Geneyally Accei)ted Aeeounting Piactice). It] our opinion Ilie financial stdtemenls-. give a ti'ue and fair view of tlic stalc of Ilie cliaiitable coinpany's affairs as at 30 Septembei 2021 and of it% incoine and expenditure, foi. the year then ciidcd. have beeii pi'opei'ly pi'epared iii a¢cordwJee witl) United l(ingdoin Genei'ally Accepted Accouiiting Pra¢tiee' and have been pi'epared iii accoi'dallce with the requiLEments of the Coinpanies Act 20(I6 Bx$ls foi. opinion W¢ ¢oiiducted our audit in a¢cordan¢¢ with Intei'iiationxl St8ndavds on Auditing (UK) (ISAS (UK)) and applirable law. Oui. rcspongibililieg undei. those standai'ds ai'¢ fiirther described in the Auditor's respoiisibililies foi. the audit of the financial statcineiits section of oui. IEpoi'l. We are iiidepclldciit of the charitable company in a¢¢ordance with the elhieal I'equiremettts that al'e irlevant to oui. audit of thc financial statsment8 in the UK, in¢ludillg the FRC'S Ethical Standai'd, and we hav¢ fulfLlled oui othei. eiliical iesponsibilitics iii accoi'dance witli these requirements. We believc that the audit eviden¢e we bavc obtaitEed is sufficient and appi'oprialc lo provide a basis for ow. opiiiioii. Coi)clu5ions relatliig to going concern In audtling th¢ finaiicRal statements, we hav¢ concluded t]iat Ihc tW8tees' use of the goillg concern basis of aceouiiting in the preparation of t]ie finallcial statements is appropriate. Based oll tlie work we have perfoiiiied, we havc not id¢ntified any matei'ial uneetlaiiiti&s i'elatÉiig lo evciits (>i' eonditioiis that, iiidividually or collectivclyj may cast sigiiificant doubl on tl)c ¢hai'itablc company's ability to continue as a going coneeim for a pei'iod of at least twelve montl)s fi'oin when the rinanci81 stateinents are &utliorised foi. issue. OLlI' i'esponsibiliti¢s the irsponsibilities of the ti'ustees with I'esp¢ct to going concci'n al'e desci'ibed in the i'elevant scctions of this report. Othei. informatlon Tlie trustccs 21.¢ r¢sponsible foi. th¢ othei. infoi'mation conlasncd within tl)e annual i'epoi'l. Tli¢ othei. informatioft comprises the iiiforination included in the annual IEporl, oihei. than the fiiiancial stateiiienls and oui. aiiditoi s iepirt tliereon. Our opinion oIi tlie finaiicial statements does not covei. the other infoi'ination alld, exbepl lo th¥ exlent othen¥ise explicitly stated in oui- i'sporl, we do not expi'ess any foi'iii of assurance concli￿10￿ thei'eon. Our ￿sponSIbl11[Y is to regkd tlie oth￿. infoi'malion and. in doittg so, consider wh¢thei' the otliei infoi'mation is materially inconsisl¢nt with die fiiiancial slal¢ments or ow. knowlcdge obtained in the audit oi. oth¢rwi$e appe￿.8 to be Inaterially misstated. If wc idcntify sueh matcrial inconsislcnci¢s or apparcnt matei'ial Inis8lalem¢nts, we are i'cquiird to dctcnnine whethci this gives rise to a Ina¢ei'ial misstat¢nient in tknc finaiieial stllteinents theiiiselvcs. If, based on tlic work we l)#ve pei'fomied, we 23

RESILESS DEVELOPME111 tNDF.PTr;NDLI IN'r AUDITOR'.8 REPORT roK THE YEAR 14NDED 30TH.SEPTEMBEIR 2021 ERÈBN*YPUNQPÉDPit conclude that theit ig a Jnatcrial iiiisstat¢Tncllt of this othei. iiifoi'inatioii, we atE required lo i'cpoi't that fact. We have iioiliii)g to repoit itt tliis rcgai'd. OpinTrons oil other mthttei's pi'eserlbed by tlic Compaiiies Act 2006 In our opiiiioii based 011 thc work undertakcii irt tlie coui'sc of our audit the iiifoi"matioii given in the li￿ste£S, rcpoi'l, wbicli in¢ludes the diiECtoiE' tEPOI't prcpaird foi. the pl￿pOse$ of company law, for the financial yeai. foi. which the finan¢ial statemeiits aiE pE¢pai'cd is consistent with tlic fiiiaiicial statem¢ii15- and tlie directors, r¢poit iiicluded within Ihc tt'utstees, IEpoi"I Iiavc been prepared in accordance wttli q)plicable legal i'equiiements. Matters on whieh ive are required lo repoi't by exeeption In light of the knowlcdge and ui)dcYsL￿1dlng of tlie cEMritable compaiiy and thcir enviroilln¢nt obtained iii the eoursc of ibe audit, wc have not identified matei'ial ]llisstal¢m¢iits ii) rlie diiectoi's, port included within the ts"tt$t¢¢s' repoit We have notliing to i'cport in respect of the followilig matteiE in r¢lalion to which the CoJ))panies Act 2006 requiirs us to IEPOI't to you if, in oui. opinion.. adequate and propel. accouiiting iecoi'<lg liave not been kept. or tlie fiiianeial statements ale nut in a￿cernent with lh¢ accounting ieeoi'dg 21)d i'etuins,. oi. ceitain dis¢losiires of tl'UStees' i'eniunet'ation specified by law are iiot m1£ de. or we l)ave i)ot recesved all Ilic infoi'mation aiid explanaliolls we requir¢ foi. our audit. Responslblllt5es of truste As explained more fully iii tbe trustees, r¢sponsibilities statement sct out on page 22, th¢ tsustee8 (who are also thc dii'ectoiE of tlke cltsi'itablc cotnpany for the purposes of company law) al'c responsible foi- tlie pi'epaiation of the financial stttteinet)ts and foi. being satisfied that they givc a true and fair view, and foi. sucli intem21 control as the trustees deterinine is necessary to enable the pi'eparation of financial statements ihat are free froin inatCfl81 misslatcinent, wlietliei. diie to frdud or ei'i'oi.. In pi'cpaE'ing the financi<il slalements, the ttustees are i'esponsible for ass¢ssÉng Ihe cliaritable company's ability to continue as a going conceiM, disclosing, a$ applicable, matt¢rs related io goillg con¢ciii and using tlie going c()ncci'n basis of accounting unless the trustees either intend to liquidate the c￿laI.1tab]e company or to cease opei'atioiis, or havc no iealistic altern<ltivc but to do so. Auditor'$ re5POR51bilities foi. the audit of the finaneÉal statemeiits Oiii. objectives are to obtain r¢asOtLable assuraiice about whetlici. tlie fin￿1claI slaleii)ents as a wliole ai'c fi'c¢ from Inateiial misstatement, wlietlicr due to fraud oi. erix)I', and to issue an duditoi s i'epoit thal includes oiir opinion. Rca50nable assurance is a high level of assuranc¢, bul 15 not a guarantee thal an audit condLlCted in accordance with ISAS (UIC) will always detect a iiilterial misstatement wlien il exists. Misstaicme])Is call arise froiL fraud 01- eii'oi. and Are ¢onsida'ed matei'ial if, individually or in Ilie aggi'egale, tliey could i'¢asonably be expe¢t¢d to influeiice tlie economic decisions of usetB takcn oil the basis of tliesc fiiiancial slatemci)Is. D¢tails of th¢ exleiit to which the audit was considered capable of detccling Eri'egulariti¢S, iEtcluding fyaud and i1on-coinpli￿1ee with laws and regulations are set out bclow. 24

RESIIESS DEIIELOPMENI INDEPENDENT AUDITOR'S IiEPORI' FOR THE I'EIAR EINDED 30TH sEwfEMBCIR 2021 PQWEIEopY•pEIPI£ A fwther description of oiii. rcsponsibilitics foi" th¢ audit of the fiiiaiicial statemenÉs is located on the FitLqncial Reporting Couiicil's website at.. ww.fir.01- .uklaudiÉorsres )oii%ibiliues. This descriptioii foi'ms part of our audtloi 8 IEPOI't. [1 xtent to wliicli the audit was COll5ideYed eapable of deteetin£ iri'eEularltles, Includiiig fraud Ii'regulai"itie%, including fi'aud, arc it)stanccs of iioi)-coinpliaiEce with laws and i'egulations. We identifEed 8iid assessed the rislis of matei'ial Inisstatemeiit of Ilie financial 51al¢ments froni in'egulai'itie8, wliether due to fraud or cri'oi., and di5CU5.8ed Ilie8e belwcen our audit tcam ni¢mber4 including stgnific2nt componcnt aiidit (cains. Wc tli¢ii designed and peyfomied audit procediwes i'e%poi)*ive to those I'isks, including obtaijiing audit evideiice sutTLcicnt and appropr&ate ¢0 provide basis foi. out. opiiiion. We obtained an undei3tanding of the legal and I'egulaÉory frainewoi'ks within whtch tlie cliai'itable coiiipany up¢i?l¢s, foGusing on those laws and i'egLilations tliat liave a dÉi'ect eftect on tl)e detei'miiiation of niaterial aniounts and disclosures in t]ie financial statements. The laws alld regulations we consideied in tliis context were the Compani¢s Act 2006, tlie Cliai'ities Act 2011 togctlici. wÉih Il)c cli￿.1t1¢S SORP {FRS 102). We assessed tlie required coinpliance will) these laws aiid I'egulations as puit of oui. audit pi'ocedures on the related financial stateiiient iteFns. li) additTon, we ¢onsidei'ed pi'ovisions of otliei. laws and i'e&ilations that do not have a dii'ect effect on thc tinat)Cidl stdteinents bllt compliaiice with wliicli might be fundanicntal to thc Gliaritable ¢oinwdlly'S ability to opei'ate or lo avoid a Tnalcrial p¢nalty. We also considered the opportunities and incentives tliat Ènay cxist within the charitable ¢oinpany for fraud. Th¢ laws and i'egulations we coIisidci'¢d in Iliis context loy tlie UK operations wei'e Gciiei'al Data Prolectioii Regulatioi), T8Xatioti legislation, Einploymcnt legislation Ji)d A])ti-fiaud, bi'ibcry and corkuption legislation. Wc also consid¢rd compliance with local legislation foi. thc group's overseas operatiiig.qegmcnts. Aiiditing standards limit the i'cquircd aiidit proccdui'es to idci)tify non-compliance with these laws and I'egulatioiis to enquiry of th¢ Trnstees and othei. management and inspection of regttiatory and legal correspondcncc, if any. We idLntificd the ￿'eatest risk of material impact on Ilic finaiicial 5tateineiit8 fi'om itrcgularitics, including fi'aud, to be witbiii the timiiig of rcco￿lI1iolI of sneome the ovctyide of conti'ols by managcment. Oui. audit pi'ocedui'es to respond to tliese risks illcluded cnquirics of management and the Finance and Audit ComTMittc¢ about ¢heii' own identification and assessinent of the risk8 of ii"r¢gulaiities, s&niple testing on the postillg of juuimals, I'eviewing accounling estimdtes fui. biases, I'eviewing regulatory coi'i'espf)ndcnL¢ with th¢ ChLu'ity Cointnission, and reading Lninutes of meetings of th(Trse chai-ged with govci'naiice. Owing to the iiiheient limitations of an auilit, tliere is an unavoidablc i'Ésk that we may not have detected 501nc Inatci'ial misstatenienls in the financial statements, even though we have propei'ly plaiined and perfoi'med oui. uudit in a¢¢ordai)ce with auditing standards. For example, tlie tiii'thcr reinoved non-¢onipliance with laws aiid I'egulation5 (irrcgulai'ities) is fi'om the events and t1'anS￿li0nS rcfle¢ted in the financial statements, the less likely the iiihei'enily liinitcd proc¢dures required by auditing standards would id¢ntify IL. In addition. as with any aiidit, thcrc remained 81)ighei' risk of non-dcte¢tioti of ii'i'egulai'itics, as these Inay involve collu.qian, forgcry, intentional omissions, Inisrq)resenL41ions, oi" the override of iiiteinal coiits'ols. We ayc not respoiisible for preventing non- compliallce and caiiiiot bc ¢xiie¢ted to detect non-coinpliance witli all laws aiid I'egulations. Use of oui. report Tiiis r¢poi't is Inade solely to thc charitablc coinpaiiy's Ineinbers, as a body, in accordance witli Chaptcr 3 of Part 16 of Il)c Coinpanies Act 2006. Oui. audit woi'k has bc¢ii und¢i'talceii $0 I[￿t we 25

BE51IESS DEIIELOPME111 INDEPENDLNT AIIDITOR?.S Rf.POR'I" riOR THCI I'EAR CINDED 301'H SEIPTEMBER 2021 iiiight state to the cliaiilable company's ￿ernbe￿ tliosc matte1% we are I'equii'ed to state to thcin iii ali audiior's rcpoi't and for no otliei-puipose. To tlie fulle51 exten¢ pa'mitlcd by law, we do iiot accept oi. assunic I'espoiisibility to anyone oil)eE' Il)ai) th¢ charitable coiiipany and tlie charitable coinpaiiy's meiiibei's as a body, foi. 0￿. audit work. foi. tliis repoi'l, oi. foi. the opinions w¢ l)ave foiiii¢d. Tim Redwood Senioi. Statutory Aiiditor Foi- and on belialf of Ci'owe U.K. LLP Siatutory Auditor London Crow8 U.K. LLP1s allglbl• torappolnlmAnta$ audltorollhè¢ha¥lty byvlrttt4 af Its 8￿91￿111YforOpP0lnlMeThta$ aLrdllor ola company under f212 Qf thè Comwnlqs A¢12006. 26

RESILESS DEIIELOPMENI STATEMIINT or rilNANCIAL ACTIVJTIE4,S FOR'fHE i'fr,AR EiYDED 30'fH SEPTEMBEI R 2021 PQWEEg0￿Y￿￿OFL Unrestricted funds £OOO's Rastylcted funds £QOO's 2021 Total £OOD 2020 Total £OOO's Not85 INCOME FROM.. Donations and leg*￿'e6 Grants and donations 967 6,735 7,702 10,342 UNeslricled furdraising 364 411 Total income 1,331 735 8,066 10,753 EXPENDITURE ON.. Raising fvnds 12161 1216) 13341 Charitable activities 11,2451 16.369) 7,614) 110,6371 Total expendrturè 11,461) 16.3691 17,830) 10,9711 Net incomellexpènd1tu￿I 1130) 366 236 12181 Foreign exchange gair￿lI10&sesI 1181 11121 1130) 12131 Net movement In funds 1148} 254 106 14311 R8c0ncllia￿0n of funds Total fuThls brought fomard 941 1.931 2,872 3,303 Totsl funds carrted fOn￿ard 13 793 2,185 2,978 2,872 All incoine and expenditw'e dci'iv¢d from continuing aetivities. 27

BALANCE SHELT AS AT30'1H SEPTEMBER 202] RESTLESS UEIIELOPMENT 2021 2020 Notes £OOO's £OOO's £OOO's £OOO's FIXED ASSETS 131 220 CURRENT ASSETS Debtors Bank and cash 1,140 2,615 985 2,543 3,755 3,528 3.886 3,748 CREDITORS.. AmoLm)ts falling due wthin one year 17211 18761 Amounts falllng due In greater than 1 year 11871 NET ASSETS 2,978 2,872 REPRESENTED BY.. FLtnds Restricted UrTrslricled Fixed Asset Reserve Design31ed Reserve Free Resetves 12 13 2,185 1,931 74 163 719 778 2.978 2,872 Thc finallctal statemeiit were appi'oved by the Trustees aiid aiithoi'ised foi- issue and signed on bchalf. by- Luciiida Moore, Ch&ii' of Fin2n¢c & Audit Comtniltee Date: 1510512022 Regislcird Company Number.. 6741123 Rcgistciid Charity Numbei.: 1127488 28

RESILESS OEIIELOPIAENI CASHFLOW STATFMTr.N'r FOK THE YEAR EiNDED 30TH SCI PTEI MBER 2021 2021 2020 Notes £OOO's £OOO's £OOO's £OOO's Cash flows from operaling activities 125 149 Cash flows from investing actlvllles.. Additions to property, plant and equipment PrO￿edS from the disposal of fixed assels {531 (1681 Net cash used in investlng actlvltles 153 1166) Cash flow from finan¢lng actbvities Net decréase in cash and cash equivalents 72 1171 Cash and Cash equivalents on 1 Octob 2,543 2,56Q Cash and cash equivalents on 30 September 2,615 2,543 NOTES TO THE CASHFLOW STATEMENT A RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTWITIES N&t18xpendilurel I Income for the reportlng perlod las Pgr thè statement of finan¢ial activit￿$) AdjLJslmenls for.. Depreciation Revaluations IFrofil)Aoss on disposal of fixed assets Ilncre8selldecrease in amoLJnls receivab Incroaselldecrease} in amounts payalA8 106 1431) 99 45 73 {1551 32 402 1441 Cash (spent onllgenerated from opèrntions 125 149 B CASH AND CASH EQUIVALENTS Cash and cash equivalents consists of cash on harmj a¥vJ balances wlh b8nks. 2,615 2.543 Total Cash and cash èquwalants 2,615 2,543 29

RES1LESS DE4ELOPME111 I OTCI S TO THE TrINANCIAL STATEI MEINTS riOR THE I'EAR ENDED JO'I'H SEPTEMBER 2021 ACCUUNTING POLICIES Restless Development is an Enco￿01￿ted Cl￿rItY IR¢gist¢i'cd Chai'ily Nuinber., 1127488 &iid Rcgisttied Compaiiy Nuiknbci.: 6741123), i'egisteitd IEI Ei)g121)d and Wales. Thc address of th¢ regist¢r¢d otricc is 3541 Lower Marsh, Loi)doii. Restle55 DcvelopincnÉ meets the definitioii ot a public beiiefit eiitity uiidcr FRS 102, Thc pi'iiicipal acLoiinliiig' polici&s adopted, judgciiiLnts attd key sources of cstimalion uncei'tainty in lh¢ piepÈu'ation of Ilie fin4ncial slatcmeiits are a.8 follows.. Basis of prepaiatioll The financial statements arc pi'epai'ed in accordance widi the St8t¢incrkt ot Rccoiiunended Practice foi. Cliarities {SORP 2015) alld applicable aceounling slandai'ds (FRS 102) and Coinpaniu Act 2006. b) Going concern rile ti'u%tee.8 Iiave revicwed tlie cliai'ity's finaiicial positioii, levels of cash and I'eserves and foi'ecasls foi. 2021 AtLd 2022. 1,'oÈrcasts include discounted ineome pipelines al￿ liav¢ also taken into account tlic cuircnt Covid- 19 pandemic, secui'ed fundillg and tlic iinpact of pipeline income not becoming scciii'¢d. Tliey do tLOt coiisidei. there to k any matei'ial uncei'tainties i'egai'ding the charity's ability to coiitinue a% a going eonc¢im. Thei'efore, die trnsteeE have a reasonable exp¢¢iation that the cliarity has sufficient itsoui-ees to eonlii)uc operalillg for the foiEseeable futui'e 21)d thus thty coiitinue to adopi the goitTrg cunc¥rn babis of accountiiig in preparing d)e at￿lla1 finaiicial slateinents. Cash and bank in hand Cash at bank and cash in hand includes casli and short leiin highly liquid investments with a shoit matui'ity ol'tkn'ee montlis oi. fi'om tJ)e date of acquisition oi. opening of the deposit oi. similar account. d) Financial instmmenls Th¢ ¢liarity only lias financial assets and financial liabilitics of a kind tliat qualify as basic fimancial insts'uments. Bilsic financial iiistrum¢nts, including trade aiid other debtors and Ll'editors al'e iiiitially recognised at kn'ansaction value and.%ubseqiienily measui'ed at tlieir settlement value. Ci'editors Credit()Is are I'ecognised whci'e the charity lia5 a prcsciil obligatioii i'esulting from a past event that will pl￿bablY resiili in the tixnsfei. of funds to a third party and the amoiint duc to settle the obligalion can be Ineasuied or estim&ted i'cliably. Foreign cui'rency translation Tlic cliarity's fiEllCtional and pres¢ntation cui'rency is poU￿d sl￿'1I]lg. Monetai'y assets and liabilitÉes denoniinated in foreign cuneftcics translated into stei'ling at th¢ ratcs of cxchaiige i'uliiig at the balance slieet date. Trnnsactions in foreiwi cun'eneieq are reearded &t thc l'ate i￿1￿ng al the date of the tran$2¢tion. Al diffei'ences are i'eeogiiised in the Stateiii¢nl of FiJEaiicÉal Activities. g) Voliintary income Including donatioii, grnnts, legacies and voliinteei. contributions is i'eKogIiiscd whei'e theie is entitlement, probability of r¢ccipt and the dinount ¢an be measuitd with s'ufficient rcliability. 30

fiESILESS DEIIELOPtIEN1 NOTES TU'fHF, FINANCIAL STATEIMEN'rs VOR'I'HE I'EAR EÈNDED.IQTH SEPTEMBEIR 2021 The following specific policies &ppRy to categoi'ies of irt¢oine'. Perforinaiice based coiitacl$.' wlicre Restless Devclopni¢nt ￿'0videS goods an(Vor serviccs in foi. a fee as part of ils ¢l)ai"ilable activitics suel) eonii'acted iiicome is rccognised as incoining resources iti tlic SOFA to the extent thai Rcstless Developinei)t has piDvidcd tlie goods and/oi' sei'vi¢es thereby C￿]11￿g the i'iglit t con*idei'ation by its perfOllnan￿. Gi'ants from govcn)Inents, li￿titUtIOnal donoi's 81)d tI￿stS & fouiidatÈons.- whei'e iElalcd to specific coi)ditiorts' ai'¢ reeogniscd as incomc in Ilie SOFA whcn tl)c coiiditions liave becn siib%tarnlially illct aiid tlie associated expenditui'e is in¢uri'ed. Gi'ants Ilial al'e not subject to specific perfoi'inance deliverables oi conditions al'e recogniscd in fiill in tlie SOFA wlien tlicy b¢¢oiiie reccivable. Wliei"e tijcome is i'cc¢ived iii advaiice of its reeognition in the SOFA it is defei'i'ed as a liability until certainty CX15ts that the conditions impoqed be met. Whei'e entitlement occurs bctore incoming iesources are i'eceived the income is acciucd. Donated.servi¢es and faLilities ai¢ included as 'Voluntary incom¢, Elt tlieii. cstiiiiated vAllle to the charity when i'eceived, and undei. the llppi'opi'iate expendiluir hedding depcnding on the natui'e of s¢i'viLe oi. facility pi'ovided, at tlie same value and timc. h) Expeiiditure Is allocdted to Uic paiticulai, activity whei'e Ilie cost relates dii'ectly to that acttvity. Howevei., the cost of overall dii-e¢tion 2nd administt'ation of eaeh activityy compL'ibing Sdlary and otliei. centixl costs, is apportioned on the basis of agir¢d doiioi. budgets and wli¢i'¢ dpplicablc, stsff tiJ))e attributablc lo Cach activity. All cxpetidilllre is accountcd for on ilie acciuals basis. Fundi'alsing costs i'cpresent all expendituir incu17td to I'aise income Crom various soui'ces. Volunteer-led activity costs aiid expeiises I'epresent all expenditui'c in¢iii"red in ol'der to implcmcllt ¢hai'itable activities. It also repiEsents a pi'oportion of suppoitt eosts based on the Énput to the ¢I￿l'Itable activitie5 from GEntral costs. Support and administj'alion costs reptEsent that proportion of centi¥l Costs incui'i'ed in th¢ managcmenl of the oi'ganisalion. Flind accounting Restless I)¢v¢lopment's furtds fall into the following categories.. Resti'icted fi unds are only available for cxpeiiditure in accordance with the donor's dii'ection8. Income and expeiid1t￿r on tliese funds are shown separately witknin Ih¢,statemcnt of fin￿¢}￿1 a¢tivkties. Unsi)ent funds arc emrried f￿'ward to the next financial ycai.. Unresti'icted Funds are those tliat liave iitsl had & r¢slriction placed oil them by the donor aiid are available to spend on any activities that further the objcctiv¢s of tlie charity. Fixed ass¢t Funds reprcscnt the tangible assets of Restletss Developtnent. Designated Fuiids ai'c set aside al the disci'etion of th¢ Ti'ugtees. They cuii'clltly ¢omprise'. Nil

RESIIESS DEIIELOPMEIII NOTES TO THE FINANCIAL STA T£4 MEN'I'S FOR THE Yf¢AR EINDED 30TH.SEPTEMBER 2021 Individual fixcd asscts costing £250 oj. mol'e air capitaliscd at cost. Tangible assets ai'c dcpi'eciated on a straight line basis ovcr their estitllatcd uscful lives iising thc followiiig i'ates: Asset catcgoi'y Depircialion l'ate IT assets 33n/. OffEce fui'nittire 200/0 Veliieles Used vehicles 500/0 k) Restless Development is a regist￿.ed eh8rity aiid theiefoie is iiot liable to coi'wi'ation tax iii accoi'dance with elydrity law. Ci'ilical accounting judgements In prepaE'ing financial stateFn¢nts, management mdy liave to inake judgements, eslimates and assumptioiis that affect tlie application of thc cl)ai'itieg accounting policies and the i"ei?oi'ted assets, lidbilitie5, incunie and expendiluiE and die disclosures made in the financial statements. Estimates and judgeiiiellts are continually evaluatcd and al'e based on historical expei'ien¢e and odJei' factois, including Gxpcclatioiis of fU￿1'e events that llit believed to be reasonable undei. Ilie ciieumstances. It is the opimion of tlie TNstees that tlicrc are no estimates and assumptions th&t liave a significant i-isk of causing a Inat¢i'Eal adjustinent to the ¢ai'iying ainounts of asscts and liabilities in the ncxt F￿ncial year. 32

RESILESS DEIIELOPMEIII NOTES TO THE TrINANCIAL STATEMENTS FOR'I'HK YEAR ENDED 30TH SEPTEMIIEIR2021 2. DONATIONS 2021 £OOO's 2,365 5,337 2020 £OOO's 3.124 7,218 UK grants and donations Overseas grants and donations 7,702 10.342 3. ANALYSIS OF TOTAL EXPENDITURE 2021 Direct costs £OOO's 2,493 516 3,502 2021 Indirect costs £OOO's 2021 Total £OOO's 2,493 516 3,502 903 177 22 Volunteers. costs 2nd other expenses Grants made to consortium partners Overseas & Programme slaff costs Head office staff costs Support costs- Firiance, HR, IT Statutory audit Internal and grant audit Gosts Trustee indemnity insuran Fundraising 903 177 22 216 216 6,511 1,319 7,830 PRIOR YEAR 2020 Direct costs £000'5 3,245 571 4,776 2020 Indirect ¢osls £OOO's 2020 Total £OOO's 3,245 571 4,776 1,769 251 20 Volunteers, costs and other expenses Grants made to consortium partners Overseas & Programme staff costs Head office staff costs Support costs- Finance. HR, IT Statutory audit Internal and grant audit costs Trustee indemnity insurance Fundralsing 1.769 251 20 334 334 8.592 2,379 10,971 33

RESTLESS DEIIELOPMEIIT NOTlt S TO THL FINANCIAL SI'AI'EI ME4 NT.8 roR THF YLAR EI NDED 30TH SEI PTEMBER 2021 WEIEUIYYtyJUè￿OFle 4. NET INCOME FOR THE YEAR 2021 2020 £OOO's £OOO's This Is stated after charging: Auditots remuneration (including VAT).. Audit Operating lease charge for the year 22 22 116 128 5. STAFF COSTS 2021 £OOO's 3,222 269 170 2020 £OOO's 4,871 400 228 Wages and salaries Social security costs Pension Costs Redundancy costs 88 3.661 5,587 The avei'age number of cinployee5 in the year was.. Volunteer. Fundraising Governance led actlvlty No. 2021 Total 2020 Total No. UK Overseas 13 136 12 33 202 51 340 58 149 20 66 235 391 Und¢i' thc Global Salaiy Scalc tjie total auioiu]t of salal? and othei. b¢nefils paid to its {eight) Key Mana&icmeiit Persomnel for their services to tile chai'ity was £556,479. (2019120: eight p¢i'8onncl, £705,794). 2021 2020 £60,000- £69,999 £70,000- £79,999 £100,000- £109,999 £110,QOO - £119,999 34

RESILESS DEIJElOPtaEN1 NOTEI S TO THE FINANCIAL.8TATEI MENTS FOR THE YEAR ENDRD 31YfH SEPTEMBEI R 2021 Not¢ Iliat the basis ot'cal¢iilatioii iiicludes tlie individual's gross yay and beiietits aiid excludc5 p¢iision l￿d Jiational insuiance payments. Thc Ttustees Icccivcd lio remunei'ation OL rcimburged expciises in eith¢i' this yeai. oi. the PTCViQU% yeai.. Rediindancy paymeiits tolalliiig £55k were inade in the year (2019120.. £33k), All costs wei'e acciiicd iii 2019120. Tlie ehtti'ity opeiztes a dcfin¢d conti'ibution workplaec pension schciiic in the UK. Pension cotktribiitions ai'c charged to the Statement ot Finaiicial Activilics as they are inciii'red. The cl)ari¢y has no obligations othei. than Ihc conti'ibutioi)s payable in tlic ycar. 6. TANGIBLE FIXED ASSETS Offlce Furniture £OOO's IT Assets £OOO's Motor Vehicles £OOO's Total £OOO's Cost At 1 October 2020 96 399 554 1,049 Additions Revaluations & foreign exchange Disposals 46 {61 {751 53 (19) 1200) {21 {51 {111 (1201 At 30 Seplember 2021 90 364 429 883 Depre¢latlon At 1 October 2020 {851 (3261 (4171 (828) Charge for the ￿rIOd Revaluations & foreign exchange Disposals {81 {571 (661 10 115 (1311 18 189 69 At 30 September 2021 {861 {3081 (3581 (7521 Net Book Value At 30 September 2020 72 137 220 At 30 September 2021 56 70 131 7. CAPIT AL COMMITMENTS There are £26k {2020.' £nil l of capital ¢ommit¥ll8nts as al 30 September 2021 35

RESTLESS OEIIELOPIfiEIIT NOTII S TO THE blNANCIAL SI'ATE4 MENT,8 FOR THE YEAR CI NDED 30'fH SEPTEMBER 2021 8. DEBTORS 2021 2020 Trade debtors and accrued income Prepayments 1,098 42 951 34 1,140 985 9. CREDITORS: amounts falling due within one year 2021 2020 Sundry creditors and accrued expenses Other taxalion and social security 646 75 710 166 721 876 10. CREDITORS: amounts falling due In greater than 1 year 2021 2020 CBIL loan 187 187 11. OPERATING LEASES Total commitments under operating leasas ar6= Office Equlpment £OOO's 2021 Total £OOO's 2Q20 Total £OOO's Property £OOO's Within one year 132 Two lo five years 12 12 18 18 18 150 36

RESIIESS DEIIELOPIIENT NOTES TO THE FJNANCIAL SI'ATEI MEI NTS r4OR THE YEAR ENDED 30TH SCIPTLIMBER 2021 AEOWYWN¢YEtPiE Balance 30 Income Expenditure September 2021 202 2021 £OOOs £OOOs £OOO$ Balance 1 Octobèr 2020 £OOOs 12. RESTRICTED FUNDS Action Aid DeNnark Blagrave Tiust BRAC Intemational Democratic G0vema￿e FacilitylDGFI FCDO Aid Connect FCDO Egmonl Ford Foundation Gaiden Trust Gales Foundation Girl Effect GIZ Zambia HCL Foundation Heifer Internallonal Hlvos Irish Aid Jarsey Overseas Aid {JOAI ma￿ng C6nts InlernationaVUSAID Malala Fund Ma8lerGard FoundationlMCFI MERCURY MTV Staying Alive FouKlalion Newventure Fund NOREC- Norwegian Agency For Exchawe Cooperation Plan Uganda Plan Zamiba Quest Alliancè SIDA SWEDEN SRHR Alliarw uga￿la Patter Family Foundation UNAIDS UNDP UNESCO UNFPA UNICEF United Nations PopLAalion FurKI University of Cambridge VSO Inlernational Olh8rs 61 36 30 39 72 1,192 1.437 26 148 94 1871 1301 1391 11171 11,2201 11,4371 1261 11691 1701 11441 1781 1571 1271 1621 11521 11181 1321 1371 1271 11531 1241 1511 1921 138) 10 45 95 67 218 197 28 38 25 22 182 34 69 79 27 62 299 104 456 37 147 14 424 16 72 10 14 81 14 51 92 37 10 1371 17Ql 11,1071 1301 1191 191 1181 1451 1591 14201 1751 1991 11591 1281 27 541 17 46 960 14 25 39 103 41 72 456 75 87 96 161 394 30 85 18 12 63 475 608 Totsl 1,931 6,735 16.4811 2,185 37

RESIIESS DEIIELOPMEHI NOI'liS TO THL fiNANCIAL STATEMElY'rs I,'OR THE Ill AR ENDED 3Q)TH SEPTEIMBER 2ts21 IÉ￿￿￿yY0￿XE1EQp Name of Fuiid Dc5cri tion of fi und ActionAid Dei)mark Yoiith-lcd reseaicli into the i'ole of young people til huinartitai'iau settings. Blll & Mellnd Cates Foundation Funding youtli-l¢d accountsbility projects in India and Tanzania. Blagrave Trust FundiThg for supp)rting COP-26 Accountability cbampl0i￿ Tiaining and UK Youtl) Climate Coalition funding. BRAC Inter)IAtional FILiiding yoiitlitnipowci'mellt iii Sub-Sahar#ii Afi.ica. Demoei'atic Coverjiaiice Facility Fund211g foi" a yoiilh-led accoiintability programme in Uganda. Department for International Devolopment Aid Conneci (undiiig foi. a consortiiim-led progL71nme and a Si)eial Aecollntability BuIldi￿g In¢lusion pi'ogi'amme in Sierra Leonc. (FCDO) Egmont Trust Fullds work in Zimbabwe and Zambia with childi'en affected by HIV and AIDS. Fol-d Foundatlom Funding foi. the KRjana Wajbik8 project in Tanzai)ia lo place youiig pcople at th¢ centlE of developinenl and government procew5. Gai"den Trust Core funding to supporl youth leadersliip projects in Ziinbabwe. Girl Effect Fui)ding tlie Technology Enabled Girls Ambassadtsrs (TEGA) pt'ogram]n¢ in the regiong of Biliar, Maliai'ashtra and Rajasthan in India aiid eStabl￿shinC￿t of a ncw pl￿￿.￿MMe 111 Tanzania. GIZ Shoi'l I￿.1￿ consultancy for a Covid pi'evention project in 2ambia. 38

RESILESS DEIELOPMEHT NOTEI S TO THEI FINANCIAL s'fA TEI MCI LYI'S FOR THE YEI AR EIYDEI D 30TH SLI PTEMBCI R 2021 HCL Foulldatioii Fundiiig to support yaiitli-led actioii to citate £crtder equitablc coinmunities in India. Heifer Intei'natioiial Fiiiiding foi. F,ast Afti¢a Youth Iiiclusion Project in Tan7ai1ia. Hivos FundinE to siipport SRHR pro￿.￿min&8 iii Z&inbia, and tlie global WeLead programmc. Irish Aid runds work on sexual repi'oductive health educatioi) in scliLX)Is in Zainbia. Jei'sey OYei-5eas Aid Funding lo I'ediic¢ financial exclusion and foslcr income generation activities amongst Woineii in infoiinal s¢ttlemenls in Freetown, Sicrra L¢one. M#king Ceiits InternatÉottal I USAID Funding Youth Livelihoods in Uganda. Malala Fund Funding foi. a gil'ls edueation initiativ¢ in India, Mr¢SterCaYd FouIidatlon Providcd funding foi. a Youth Thir￿ Tallk project in Uganda. Mei'cury Plioenix Trust Funding our Gil'ls Leadei'8hip Pi.0￿'amMe in Ruvuma, Tanzania wliÉch pi'omotes HIV pirvei)tion. MTV Stayliig Alive Funding to in¢rcase yoi11￿ people's laiowledge of SRHR t￿.oug]1 digital Foundatioll 81oryEelling. Neiv Veiiture Fund Funding to ci'eate an online inteiEeneratiotrdl e-course on gcndei. eqiialtty. NOREC- Noi'wegian Ageiiey Foi. Excliange Conperation Fundiiig foi. a staff ¢xehaThge pi'oject in Nepal, Tanzania and SouÉh Africa. Plaii UEaiidf¢ Fundtng the Gender Advocacy Alliaiiee pi'ogrammo in Uganda. 39

RESTLESS DEIIELOPMENI NOTES TO THE FINANCIAL STATEMEI NT.8 FOR THCI YCI AR L4 NDED30TH SEP'fKMBF.R 2021 wEW4YYWYBFÉ￿PLÈ Plaii Zainbia PrO￿?7￿71e fiinding Éli Zambia. Quest Alllance ruiidiiig foi. STEM for Girls project in India. SIDA Fujids pi'ogrammatic activity iii i'ui'al coininuiiiti¢s in tlie South¢m Highland l'egion of Tanzania througli a stt'ategie ￿'allt and SRHR woi'k in Zainbia. SRHR Alliance Fuftding foi. SRHR pi'ojccts in Uganda. The P8ttei' Fainily li ouiidation FLindiiig to pi'ovide mcaningfLII youth engagement trdining lo pi'oject paitnei% tn Zambia. UNAtDS Fiindii)g to sui)porl youih-lcd campaiwiiiig and advocacy to bring a change iii HIV response globally. iINDP Funding to support youtlk and woiy)¢n led busincsse% to ci'catc sustainable livelihoods. UNESCO Funding to guppoi't youth-led l'csc￿'ch on SRFIR in India and Funding lo Éi?in and suppoi't teaehei's lo dcliver cutTiculum on Coiiipi'eliensivc Scxuality Edii¢atioii {CSE) iii Zainbia. Funds a numbei. of our pi'ogi'amines in Si•Ta Leone but lllso programmes in Nepal, South Afi'ica and Zainbia. UNICEF H￿% fuiided a numb¢r of our sexual and ￿p1.{mIU¢¢ive health prog7mmes in Iiidia, Nepal, Tanzania, Sien? Leone, Zainbia and Zimbabwe. Uiiited Tr4#tions Populatioii Fund Funding lo advance &ec<i% to SRHR infoiinalion and sei'vEees reduccd vulnei'ability to HIVI AIDS and gendei. b2scd violence in Tanzaiii&. Unffivei'sity of Cajnbi'idge Fundillg for yoiith-led rcs¢arcli in Ugaiida. VSO Intei'natioiial Funds UK youth on developnienl placements aci'oss oul. Hiibs. through which tli¢y gain valuable experience atid biiild local youth cap2Clty thiDugh p¢¢i' education. 40

BESILESS DEUELDPMENT NOTE8 TO THL IÈINANCIAL STATEMENTS FOR'fHE YEAR ENDED 30TH SEPTEMBER 2021 Balance 30 September 2020 £OOOs Balance I October 2019 £O0Os Income Expenditure 2020 2020 £OOOs £OOOs 12. PRIOR YEAR Action Aid Denmark Amplify Change Austr21i8n Volunteers International BBC Media Action Christian A¢d Clinton Health Accass Initiative Comic Relief Dance4Life Democratic Govemance Facility DFID {FCDOI DFID IFCDO) Aid Connect ECIEU Egmont Ford FoL￿allon FSDZ Garden Trust Gales FourKl8llon Gill Effect GIZ Heifer Intemational Hivos ICRW Irish Aid Malala Fund Marie Slopes Intemalional Mastercard Foundation Mercury PhoeNx TrL￿1 NOREC Novo Fo￿datiOn One Gid Australia Plan Inlernalion81 Plan Uganda Porticus FourKlalion Quast Atha[￿8 SIDA SRHR Alllance Sludents Slop Aids Campaign The Patter Family Foundation UN WOMEN UNESCO UNFPA UNICEF United Nations Populalion Fund University of Cambridge USAID VSO Intemational Olhers 82 120 26 91 18 1211 1458) 115) 11041 115) 194) 150} 11171 (1131 {1.9391 {1,7581 1731 1251 1181 1261 {1491 {3321 1941 1211 1631 1271 1201 {1251 61 16 16 352 14 131 15 24 11 88 {841 18 53 109 134 1.974 1,765 160 13 236 {61 153 141 49 31 69 21 16 135 16 46 95 218 32 373 79 171 131 182 13 16 1121 {6951 1161 1581 1971 1741 119) 199) 154) 156) 18171 15) 16) 125) 1291 1331 1551 11141 {641 {161 (931 11,6671 1701 767 17 58 {51 {51 30 73 (21 84 856 22 72 10 io 79 11 26 56 27 541 17 502 25 29 43 61 92 64 28 103 1,729 303 10 21 12 1101 63 370 137 Total 1,879 9.881 {9,8291 1,931 41

BESTLESS DEIIELOPMENI NOI'ES TO THK fiNANCIAL STATfi MENTS 14OR THE I'EAR ENDED 30TTrI SEPTEMBLK 2021 IDWEBÉlb¥YDIINQ?ÈONE 13. ANALYSIS OFFUNDS Re$trl¢l¢d Reserves Unre$tri¢ted Unrestrlcted Unrestrlcted Fixed Assets Deslgnated Free Reserve R85eNÈ R&50tV85 £OOO's £000'8 £OQO'$ 2021 Total 2020 Total £OOO's £OQO's £OOO's TaryitAe fixed assets Current asse Cvtrenl liabilili&s Long ierm Ilatmlities 57 2.128 74 131 3,755 17211 11871 220 3,528 18761 1.627 17211 11871 2.185 74 719 2.078 2.872 Unmstricted Unrestrlctsd ilnresiittèd Flxed Assets Deslgnated Flee Reserve Re$eNo Reserves £OOO's £000'8 £000'5 ANALYSIS OF FUNDS PRIOR YEAR RéstrktÈd Resewes 2020 Total £000'8 £000'8 TarNJible fox8d 8$8ets CLKrent ass8ts 57 1,814 163 220 3.528 18761 1,654 18761 1,931 163 778 2,872 14. RELATED PARTY TRANSACTIONS Dui'ing the year, Restless D¢velopiiien( Wol.k￿ ¢losely witli an affilEdte organisation, Restless Development USA. WhIl￿t tli¢i'¢ is no cummon dii'eet oi- indirect conti'ul, at 30 S¢ptenibei' 2021, Restlegs Developnienl USA owed Restless Development £53,764 {2020.. L13,578 owed to Restless Development USA). 'fhis eoinpi'ised £90,996 of income allocatÉons, £74,734 of expenditure, wliich Inostly i'eldtcs to sub-￿'alItlng to othei. Restless Developincnt Hubs aiiil £98,389 ()f ¢ysh tiansfets. Tl)e Co-chicf Executive of Restless Develuptn¢nl also seived s a memb¢r of the bo￿￿1 uf Restless Dcvclopincnt USA dui'iiig tlic financial year to Septemlxr 2021. 42

RESILESS UEUEkOPMEHI NOTE8 TO THE FINANCIAL s'fATEMENT.8 riOR THE YEAR ENDCID3OTH SCI PTEMBEIR 2021 15. OVERSII AS ORGANISATIONS In oi'dci. to opci'at¢ in gome counts'ic5, Re%tless Developiiient is Itquii'ed to i'egisl¢i' as an NGO in local regions. Tl)ese oi'gaiiisalioiis are treated as branchcs of Rcstless Dcvclopiiieiit and tlieir account8 ￿'C iiicluded wilhiii the accounts of Reqtless Developillcnt. A lisl of all overseas organisations coiiti'olled by ResilLss Dcvclopinent is as follows.. Surplus1 IdefKitl 2021 £QOO's Nel Assgts £OOO's Oryanisation name Country of Reglstration Income Expenditurè 2021 2021 £OOO's £OOO's Resll&ss Oevelopment INepall Resllo8s Developrnont TanZa￿a Restless Development Uganda Restless D8velopmEnl Sierra Leone Restless DevelopmÉnt SPW India Projeol TThL41 Restle85 Developmant Zambia Restle55 Development Zimbabwe Nepal Tanzaria Uganda Sierra Leon9 179 1.378 780 1.699 11791 11,3781 17791 11.8171 13221 37 12611 India 338 16 86 131 57 Z8mbla Zlmbabwe 773 293 17731 12871 25 5,439 15,5151 61 51 OVERSEAS ORGANISATIONS - PRIOR YEAR COMPARITWES SuYplu$l IdeflcStl 2020 £OOO's I￿ghn[satIon name Country of Reglstralion Income Expendlture 2020 2020 £ODO's £000'5 Nat Assets £OOO's Resttess Development (Nepall Restless Devalopmenl Tanzani8 Restless Developmont Uganda Rest18ss Development Sierra Leo Rastless Devolopment SPW India Project Tnjst Resuess Developmgnt South Africa R8slless Development Zambia R8slless 08velopmenl Zimbabw¢ Nepal Tanzania 428 1,131 1,686 2.229 14281 11,1301 11.6861 12.3481 13981 12711 16821 14881 39 SÉerra Leo {117 11641 lThJia 403 73 1241 114 57 South Africa ZamblA Zlmbabwo 272 819 500 137 13 7.469 (7,4301 38 97 43

IIESTLESS DEYELOPMEIIT OTES TO THC FINANCIAL STA'fLM£NTS roR THE I'EAR ENDF.D 30TH SEPTEMBIIR 2021 16. COMPARITIVE CONSOLIDATED STATEMENT OF FINANCIAL ACTPrfITES: 2020 Unrestrlcted Restrlctèd 2020 Fund5 Funds Total £OOO's £OOO's £OOO's INCOME FROM: Donations and legacies Grants and donations Unreslricled fundraising 461 411 9,881 10,342 411 Total income 872 9,881 10,753 EXPENDITURE ON: Raising funds Fundraising costs (3341 {334) Charitable acliwlies {1,011) {9,8261 (10,6371 Total expendlture 11.3451 {9,626} (10,9711 Net incomel(expenditurel {4731 255 (218) Foreign oxchange gainslllossesl 1101 (203) 1213) Net movement in funds (483) 52 (4311 Reconciliation of funds Totsl funds brought fO￿ard 1,424 1,879 Total funds carried fomard 941 1,931 2,872

BESTLESS DEIIELOPMEIII ADfvIINfNISTRATION AND REFEI RENCEI DCITAILS r4OR THE I'EAR EIYDED 31YfH SF.PTEMBLiR 2021 pWÈWbYYQUNQPEQN TRUSTEES Charlolte Eaton, Chaii. Affan Cli¢eina Amelia Pail Aini66J R&%hid Anand Aitljal Antoinettc Boct¢ng Diwak81' Upi'ety Edleen John Hdnnali Bi'onwiii Isabella Mo.88elmans Jcnny Wilson Jonatlian Goi'i'ie Lu¢ii)da Mooi'e aA( Dickn'nson-Keen Nlatthew Beai'd Paul Wafei. Toiii Alle Resigned.. 26 Janu￿￿ry 2021 Appointed.. 5 May 2021 R&8ign¢d.. 24 Novembci. 2020 Resigiicd.. 18 February 2020 Aiipoitited.. 5 May 2021 Appointed.. 28 July 2020 FINANCE & AUDIT COMMITTEE Lucinda Mooi'e (Chair), Jonath￿1 Goi'i'ic, David HadiBva clltir EXECUTI￿ Pclry Maddox, Rest¥ned 31 Augu%t 2021 INTERIM CO- CEO Alex Kent and Kate Miihwezi, Appointed l August 20 2021 PROGRAMMES & OPERATIOIYS DIRECTOR Kate Muhwezi PEOPLE DIRECTOR Christina Lewis. Rcsigned 23 June 2021 FINANCF DIRECI'OR Segun Olowookei'e Gen]ma Gi'aham BUSIP4ESS DIRECTOR STRATECY DIRECTOR Al¢x Kent PROGRAMMES DIRECTOR Ed Francif, (Vol) Redwidaiit- 31 December 2020 Nalini Paul {India), Fai?1 Muronzi (Zimbabwe) Itsés Yabar (Peiii). Caleb Masasu (Zambia) and Nikita Khanna {Indi&), Appointed lo RLT l Apkil 2021 REPRESENTATIVE HUB DIRECTORS YOUNG LEADERS REGJSTEI RLI D ADDREI SS 3541 Lowei. KI￿.81] London SEI 7RL BANKERS Barelays Bank PIC I Chiii'chill Place Loiidon E14 5HP AUDITORS Crow¢ U.K. LLP 2 Flooi., 55 Ludgate Hill London EC4M 7JW 45