DcKuslgn Env6pe ID.. 399cCE39AC4DBO-BE314DAF07oE37D Company registration number.. CE005452 Charity registration number.. 1164047 Women in Wales IA Charitable Incorporated OTgani5ation) Annual Report aEJd Financial Statements for the Year Ellded 30 June 2025 LHP Accountants Ltd Cliartered Cerlifi¢d AccowitaAts Llys Deri Parc Pen51UN Cai'niarthen SA312NF
Docusfgn Envelope ID. 3Q9CCE9849AC4DBO£E3&-14DAE07DE37D Women in Wales Contents Reference and AdtTrilli5trative Details Trustees, Report 2to4 Indepeiident Examinels Rcport Siaiement of Financial Activities Balance Sheet Notes to the Financial Stat¢m¢nts 8 to 14
Docusign Envelope ID.. 399CCE98-39AC4D80-BE39-14DAE07DE370 Women in Wales Reference and Adll)inistrative Details Ch&ii'ma Mrs J Major Charity Reglstratlon Numbei. 1164047 Comp&lly Reglstration Number CE005452 The chayity is incoiyorated in Englafid and Wales. JCP SolicÉtors Valley Way Swansea Enterprise Park Swansca Regl$tered Office SA6 8QP LHP AccouNlants Ltd ChwteiEd Certified Accountants Llys Deri Parc Pertsam Carmartlien SA312NF Ithdependent Kxamlnty Pag¢ I
DorAJ81gn Enveltspelo.. 899ccE98-39Ac4DBLBE39-l4OAE07DE37D Women in Wales Trustees, Report 1lie trustees present their T¢POrt together with the fjnancial statenients of the Charity foi. the year ended 30 Jui 2025. TIFe tiustetts have adopted th¢ piDvisioJis of Accounting and Repoiling by Chai"itieg'. StattnieTht of Recommended Ptactice applicable io chariti¢s prepariiig their accouiits in accordanre with the Finaticial R¢porting Stattdard applIble in the UK and Republic of Ireland IFRS1021 {effe¢tsve l JanT]ary 2019). Objectives 9nd activities ObjeelB ttiidatiiAf The ObJIlVe$ are to advance any charitsble purpose OT the charilable work of any instiliition in Englatid and Wales foi. Ihe benefEt of children and their families iiicludEng-_ l) The adYanc¢ment of education. 21 Tlie preservation and protection of t]ie hvdlth and welfare of cliÉldtert,' 3) To aid research into the prevejition of sickness in ¢hildr¢n. Objectives, slraiegies ondaclivilies Women in Wal¢s is a registered chaiity set up as a Charitablc Incorporated Organisation {CE054521 in O¢tob¢r 2015 to raise funds with an ov¢ryiding aim to support chai'ities providing help to children in Engl1d and Wales. Women in Wales n)ainly raises funds thmuBh 311 annual luncheon. The first luncheon wa5 held in 1992 and over the past 25 yeaiE tlie ¢vent has generated income of mor¢ than £800,000, which has been donated to Save the Childreft projects its England and Wales. The lun¢lieon is now attend¢d by more thaii 400 ivomeD every year. The trustees of the cliarity eoniprisB of a team of dedicated profrssTonal women who work throiighoul tht y¢a]' to oi'ganise tlic lllncheDtJ. This not only involves the futtdriiising activities on thc day itself, but also secujing slipport from cojyoixte organi5ation4 who SPDDsor the ev¢nt or advertise in the event plgramme. P&bJlc beiiefil The chai'ity has had due regard for the Charity Commission'5 generdl guidance on publi¢ benefit when r¢viewing its obj¢¢lives and planning its fiithTe actIv11ts. The ch&rity meets the publio benefit requirement of relief of those in need by iEason of youth includit]¥ pov£rty. ill-healtli, educatton or any oÉher disadvantage. Tlie tStee9 confji'm tl)at tliey have ¢oinplied witli tlit requirements of section 17 of the Chaiities ACÉ 201 I to have due iegard to the public bcnefit guidance published by the Charity Commission foi. England and Wales. Gmiil maklrtgpolici Tlie trllstees of Woinen in Waleg taIn total diser¢tion iegarding t1C application of fviids aiid will continue to stipul&t¢ how funds should be used by rccipienls. They may de¢ide to allocate all lunds raised in a fiithncial yegr to one i'ecipient oi. w Se7 recipien depertdtn8 on satisfaGtion of the criteri& for JrceEving suppoit. Tlie trustees ¢aJi make one.off grant5 but may cljoose to It)ake successive grants to recipi¢nts. Potential recipits 4r¢ asked to provÈde tnfomiation regardihg theEr project aiidlor specific funding Tequiremcnts by reference to the Grant Making Policy aiid by completing ld rctrnIng tlie Gi?nl Aid Request FoTlll. Use of voliiuleers Wainen in Wales relies on volunteers to organise aiid Èts events and the cljarity is imihejisely grateful to all wlio give up tli¢ir liiiie ii) support of Woinen in Walcs. Page 2
Doctjslgn Envelope ID.. 399CCEg8-39AC4050-BE39-14DAE07DE37D Women in Wales Trusteesl Report Finaneial review PDllcJi offli reserves The trust¢C5 aini lo maintain unrestYi¢ted fyee resetves to be able to organisE the ntxÉ event. Otherwise all proceeds of the luncheon a¥c awarded as grants to be spent as stkpu13ted in accordance with thc oh6ritable obje¢iives of Women in Wales. Structiirey governsnce And man%geThtnt Nothre ofgov£rNiiig docunielll The charity is controlled by 515 governing do¢ulent, the ctiTh8titlltion. and constitutes an In¢oYporated Clwitable Organis&tion registeted on 22 October 2015 willi a registered hujnber of CE005452 RecrlIleI iindqppoliiliiiÉiiloflriislees Woinen in Wales 15 cDntrolled by twstees, who are appointed by the existing BoArd of TnisteBS. Tlie truslces are ¢har8Ed with governattce and platk and direct the operatioti of t]ie ¢liai'ity throllgS1 iiianageii)ent coJi)InittEe meetings at which they monitor pYo8ress by reviewing and discussing intome and expend*ture and c&shflow. Trnstees and offic¢rs The trustcts and officers serving duiing the year and since the year end were as follows- Trustees: MYS B W Powell Mr5 F Ladbrooke Mrs Ei Thomas Mrs J Major Mrs P Davies Mrs J A James Mrs K Ow¢n S Hale-Quant E A Hiirley li%signcd 19 August 2024) C Davies MÉSS R L Ball Chaim)an'. Mrs 5 Majoy Diselosure of Infoi'mxtlon Auditor Each trusiee lia8 takcn steps that tli¢y ouglit to hav¢ taken a5 a tste£ in order to inake diemselves aware of any IElevant audii inforination and to establisli th&¢ the chai'ity'5 auditor is awar¢ of that infoiThation. The triist¢es ¢onfJrm thai iliere is no r¢l¢vant infoTmation thut they know of and of which they know the aiiditoi. is unaware. Page 3
Dotusign Envelope ID-. 399CCE984gAC4DBO-SE39-14DAE070E37D Women in Wales Trustee5' Report The annlljl report was approved by the trustees of the ¢harity 011 21 April 2026 aiid signEd OEJ its belialf by.. Mrs J Major Ch2irllian and trustee Page 4
Docusign Envelope ID.. 399CcE98-39AC4DBD.BE314DAE07DE37D Women in Wales Jndependent Examiner's Report to the trustees of Women in Wales ('the Company,) I I'epoit to the chai'ity trustees oti my examination of the accounts of Women in Wale5 (chai'itable incorporated orgatJi5ation) for the year ended 30 June 2025. RespDnsibiIities And basis of report A5 the Charity's trustees, you are sponsible for the preparation of the accounts in accordance with the requirements of the Charits¢s Act 2011 ('the Ace). Having satisfEed myself tliat the accounts of tlie Cliarity are not required lo be audited under Part 16 of the Cornpani¢s AGt 2006 and are eligible foi. independent examination, I report in i'espeet of my exatnination of the Charity's accounts caiTied out under section 145 of the Chai'ities Act 2011 I'ihe 2011 ACVI. It] carryiiig ot Iny examination I have followed the directions giveji by the Charity Commission under section 145151(b) of the 2011 Act. Independent examlner's stgtement I have conipleted my examination. I wDfirm that no matters liave come to my attention in connection with the examination giving me cause to believe-. accounting records were not kept in re5PCCt of Women in Wales as required by section 130 of the ACL or 2. the accounts do not accord with those records. or 3. the accounts do not comply with the accouiitiiig requirements con¢eming the form and content of accounts set out iii the Charities (A¢counls and Repoit5) Regulations 2008 otliev tlian any requirements that the accounts give a tiwe aiid fair view wliicli is not a Inatter considered as part of an independent exaniination. I liave no concerns and liave Conie across no otlier niatters iii connection witli tlie exaniination to wliicli attentio should be drawn in tliis report in order to enable a proper understaiiding of the account5 to be reached. Janet Collin5 FCCA Cliartered Certified Accountants Llys Deri Parc PensaTn Carmart]ien SA312NF 21 April 2026 Page 5
Docusign Enope ID.. 3g9cCE39AC4DB0-BE3g-14DAEO7D&37 Women in Wales Statement of Financial AetivitÉes for the Year Ended 30 June 2025 {Including Income And Expenditure Aceount and Statement of Total Recognised Gains and Lijsses) Vmrestrlcttd funds TDtAI 2024 2025 Note Income Endowments fyom: Events iiKome Sponso¥sliip income 51,919 11,400 51.919 5 1,400 50,799 17,900 Total income 63,319 63,319 68,699 Expenditur¢ on: Raising fi]nds Cliai'itable tIVitIeS (42,640) 26,500 (42,640) (26.50 {34,370} 130,000) Total cxpendituye Net {expenditurellincome Net in0veniel in funds 69,140) {69,140 164,370 (S.821 5.821 4,329 (5,821) 15,821) 4,329 Recon¢S1igtion of Total funds brought forward 28,940 28,940 24.611 Totol funds carried foiwdi'd 23,119 23,119 28.940 All of the chaiity's activities derivc from continuitjg operations duiing the 8bov¢ two periods. The fuiids breakdc>wn for 2024 is shown iii note I l. Tlic notes on pages 8 to 14 form an integral port of tli¢se financial statements. Page 6
Docu51gn En¥ebpe10'. 399CCE98-39AC4DB(kBE3U-14DAE07DE37D Women in Wales (Registration number: CE005452) BAlance Sheet as at 30 June 2025 2025 2024 Note Current a59ets C&sli at bank and in hand 49,567 29.840 Ci'editors: Amtsunts falling due within one year 126,448 {90 Net assets 23,119 28,940 Fuiids of the chgrity: UhT¢Stvicted inco]Ne funds UDrestriclcd fi]nds 23.119 28,940 Total funds 23,119 28,940 The financial statements oli pages 6 to 14 were approved by the tn]stees. and authorised for issu¢ on 21 April 2026 and signed on their behalf by.. iv4Y0 Pwivs Mrs P D&vies Trustee MIE J Majoy Chaimian aTd Trustec Th¢ notes on page5 8 to 14 fomi an integral part of tliese financial statenieiits. Page 7
DocuTr nlope ID.. 399cCE39Ac48o-BE39-I4DAE07DE37D Women in Wales Notes to the Financial Statements for the Year Ended 30 June 2025 I Charity status The charity i5 a chajitable in¢orporated or8anisation, incorporated in England and Wales. The address of ils registered office is.. ICP Solicitors Valley Way Swansea Entetyrise Park Svdnsea SA6 BQP Tliese finaneial statements were authojised for issue by the truste¢s on 21 April 2026. 2 AeeountlDg policies Surnmary of 5ignificnt aecountlhg policies gnd key #c<ounting estfimates The principal accounting polici¢5 opplied iii the preparion of these fjnancial statements are set out below. These policies have beeii consislenily applied to all the years presented, unless otherwise stale4J. Statement of compllHNce Tlie finanGial statenjents have been prepared in ac¢ordan¢e will) AccounÈiiig and ReportlTh8 by Cliarities: Statement of Re¢on)mended Practice (applicable to chAI"jties preparing tlieir &ccoiint5 Eli accordance with thc Financial Reporting Standard applEcable in the UK and Repiiblic of Ireland IFRS 102}1 (issued in OctobeT 2019) (Charities SORP IFIiS 10211, the FiThanri&l Reporting Standard applicable in the UK Republic of Ireland (FRS 102} and the Charities Act 2011. Basis of pyepai'atio Wniiien in Wales ijieets the d¢fJnition of a public benefit entity under FRS 102. Assets and liabilities are initially IEcognised at histori¢al c05t QT ti?nsaction value unless otherwise stated in the IElevant accounting poli¢y notes. Going eoneern The tn]stets considet that there are no iterIo1 uncertainties about the chavity's ability to continue os a going cot]cern nor any sigiiificant arcas of ujiceflasnty that affect the cariyiiig value of assets hcld by Ilie charity. Income endowm¢nts Exptnditure All expenditure is recognised oncc ihele is a legal or constructive obligation to that cxpenditiire, it is probable settl¢tn¢nl is required and the amount can be measuitd reliably. All costs are alloGated to the applicable expeiiditure headiiig that aggregate siniilar ¢osts to that category. Where costs cannot be directly attributed to particular hcading5 Iliey have beeij allo¢ated on a basis consistent willi tIEe use of i'esources. with central staff Costs allocated on the basts of tinie spenl. and depreciation thaiEes t4llocated on the portiotj of the asset's use. Otliei. support costs ar¢ allocatcd ba5¢d oli tli¢ spread of staff costs. Rai5iiigfiiiid These are costs incurred iii attracting voluntary iiicome. the ll)an&genient of investhiettts and those iticurred in trading activities that r2ise funds. Page 8
DoJ54g Envelope ID.. 399ccE39AC40Bo-BE3g-l4DAEo7DE37 Women in Wales Notes to the Financial Statements for the Year Ended 30 June 2025 Cliariloble aclivilles Charitable expertditui"e comprises thosc costs in¢urred by the chaTily in the delivery of its activities aiid setvices for its benefjciaries. It includes both costs thal Lan 62 allocated directly lo such activities and tl)cJ%c costs of a indirect nature necessary to support them. G[ProviSiO1}S Provisions for grants made when the intention to niake & grant has been conimuni¢aled to the recipient but tliere is ncertaInty about either the tirt)ing of the grai?t OT tlie ainount of gront payable. Support Sts Support wsts include c¢ntYdl functions and have been allocated lo activity cost categorÈes on a basis consi5tcttt with the use of resources. for exalpIe, allocating property costs by floor Areas, or per capita, staff costs by the timc spent and other Costs by their usage. T%xatlon The cliarity is exeiiipt from tax oil its cliaTitablc activitieg. CAsh #nd cash equivalents Cash and cash equival¢nts comprise cash on hand and call deposits, and other short-term highly liquid iiivestn)¢nts that are readily Eonvertible to a known aniount of cash and are subjeet to ali insignificlt I'isk of change in value. Trade treditoys Trade ciEditOTS are obligations to pay for goods or sei'vice5 thxt have beet) acquiird iti the ordinary course of business flM siippliers. ACC1tS payable ait classified as cuiyent liabilities if the charity does not have an unconditional right, at the end of the reporting period, to defer settleiDent of the ¢rediluv for at least tw¢lve nionth5 atier Ihc reporting date. If there is an uncollditional right to defer settlement for at least tw¢lve months ftcr the reporting date, they ar¢ presented as Thon-currcnt liabilitics. TrAd¢ ¢reditors 8Te recognised initially at the transaction piic6 and subsequently Illeasud at amortised cost using Il)¢ effective intere9t melliod, Fund strllctuye unrestrlcd income funds are general fuajds that are availabl¢ for use at the tvustees discretion in furth¢rJnce of the objectiY¢s of the ¢harity. Page 9
DcKuslgn EnveJDpe ID.. 399CCE98-39AC4080.BE39-14DAE07DE37D Women in Wales Notes to the Finsneial Statements for the Year Ettded 30 June 2025 3 Ineome fi'om other trndlng Aetivities Unrestricted funds General Total fuRds Evejits iJTrcome' Other events income Sponsorship incojiie 51.919 11,400 51,919 11,400 Total ftsy 2025 63,319 63,319 7ot#l for 2024 68,699 68,699 4 Expenditure raising funds
) Costs of trgding actlvlt¥es
Unrestricted fllnds Gentyal Totol 2025 Note Allocated support costs 15,951 15,951 15,951 15,951 Unr¢strieted funds General Total 2024 Note Allo¢)t¢d suppoil costs 11,746 11,746 11.746 11,746 Pase 10
Oocusign Envelope ID.. 399CCE98-39AC4DÈ(kBE39-14DAE07DE37D Women in Wales Noles to the Financial Statements for the Year Ended 30 June 2025 5 Exptttdilure oil th81'itRble #¢tivitie8 Unrestricted nds Genergl Total 2025 Note GraTkt fiJJidii)g of activities 26.5QO 26,500 26.500 26.500 ljnrestrlcted funds Genei'shl Tot81 2024 Note Grant ndIrtg of activities 30,ooa 30,000 30,000 30,000 6 Gr#nt-maklng Anolysls of gr&nts 2025 21124 Analysis Motive Learn Trus¢ Paul Saitori Hospi¢e Sir GaTeth Edwards Cancer Cli&rity The Magic Cottage Bullies Out Credu cbla1 P&15y Cymm BiS at Boiit 1,000 1,000 lo,(0 19,(M)O 1,000 9,000 5.000 9.000 1.500 26,500 30,000 Page 11
Docus&n Envelope ID.. 399CcE3#AC4BBE39-I4DAEo7DE37D Women in Wales Notes to the Financial Statements for the Year Ended 30 June 2025 7 Trustees remunerAtion and expenses During the year th¢ ¢harity inade the following tixnsactions witli tru5te¢s'. Mr5 P DAvies Mrs M W Powell £Nil (2024.. £135) of expenses werc reimbursed to Mrs B W Powell during the year. Mrs J Major Mrs R Thoinas £Nil12024.. £102) of expenses were reiinbutsed to Mrs R Thomas during thc year. No tiusiees, nor any persons connected with them, have received ony remuneration from the Charity during the year. No triistees have reccÈved any othej. benefits from the chayity diii'ing the year. 8 TaxAtion The cliarity is a tcgistered charity and is therefore exenipl from taxation. 9 Cash and cAsh equivL41ents 2025 2024 Cash at bank 49,567 29,840 10 CrÉdltors: fglling due wllhin one year 2025 2024 Accwals 900 Pag¢ 12
tkncuslgn Envelope ID.. 399CCEg8-39AC4D80.BE39-14DAE07DE37D Women in Wales Notes lo the FiDancial Statements for the Year Ended 30 June 2025 11 Funds Balanee at i July 2024 Incoming re5ouFees Res0re¢S expended Balance At 30 2025 Uni'estricted funds General 28,940 63,319 {69,140 23,119 Bxlanee at I JlY 2023 Incoming resouices Re50ur¢e5 expended Balance at 30 June 2024 Unresti'lcled filn Geiieixl 24,611 68,699 (64,370 28,940 Pag¢ 13
Docuslgn Envelope ID.. 399CCE98-39AC4DBO-BE39-14DAE070E37D Women in Wales Notes to the Financial Statements lor the Year Ended 30 June 2025 12 An4lysls of net assets between funds Unre$ti'lcted funds GeRersl Tot9l funds at JO 2Q25 Current assds Current liabiliti¢s 49,567 {26,448 49,567 (26,448 rot&l n¢1 asset5 23,119 23,119 Unrektricted Total fund5 St 30 June 2024 Gener81 Current a$5els Current liabilities 29.840 1900) 29,840 1900 Total net osset5 28,940 2B,940 IJ Analys15 of net fund8 At 30 Jknne 2025 t l JlY 2024 Casli at bank and in hand 29,840 29,840 Net debt 29,840 29.840 At 30 June 2024 At l July 2023 Casli at bank and in hand 55.819 55,819 Net debt 55,819 55.819 14 Rel*ted parly trhnsAction5 During the ye. the cliarity ii)ade the following Yelated party transacliotlS'. Mai'5h Marketing and Event5 (Flonorarium for adillini5trative exjwes) At ihe balance sh¢ct datt the amount due tolfron) Marsh Marketing wid Events ivas £Nil (2024- £Ntll. Felicity Jewellei's (Adveitising incoiknc) At the balanct sheet dat¢ the amouiit due tolfrom Felicity Jewellers was £Nil12024- £Nil}. LHP At¢ouJiÉRnts Ltd (Sponsorship Iiicom¢) At tlie balaiice slieet date tlje amount due tolfroni LHP Accountants Ltd was £Nil (2024- £Nil). JCP Soliefitors (Spotjsorshrp liJcom¢) At tli¢ balaiice sheet date the amount dlle to/from JCP Solicitors ivas £Nil (2024- £Nil). Page 14
DorAJslgn Envetope ID.. 399CCE98-39AC4D80-BE39-14DAEQ7DE37D Women in Wales Statement of Financial Activitie8 by fund for the Year Ended 30 June 2025 Unrestricted Funds Total Total Uni'e5tYlcted Unrtstricted Funds FuDds 2025 2024 IncoFne And Endoivments from", Othei trading activities 08,699 Total income 63,319 68,699 Expenditure on: Raising funds Charitable activities 142.640) 26,500 134,370) 30,000) Total expendib]re 69,140 164.370 Nel (6xpcndiiureyin¢ome Nel movejnent it) ThdS (5,821) 4,329 (5,821} 4,329 ReconciliatlOD of funds Total fiEnds brought forward Total ndS carried fonvard 28,940 24.611 23,119 28,940 Tliis pa8e does not form PaTI of the stah]ttsry financial stateiiients. Page 15
Dowsign Envdope ID.. 399cCEg8.39AC4D8(BE39.I4DAE07DE37D Women in Wales Detailed Statement of Financial Activities for the Year Ended 30 June 202S Total 2024 2025 Income and Endowments from.. Other tradii)g activitie% lanalysed below) Total incojnc 63,319 68.699 63,319 68.699 Expendlture on: Raisijig futtds (atsalysed below) Charitable activities {analysed below) Total exp¢rtdittwe 142,640) 26.5001 (34,370) (30,000 69.140 {64,370) Net lexpenditureyin¢ome Net niovethent fvnds 5,8211 4.329 (5,821) 4,329 Reconcili&tlon of fvnds Totsl ththds brought forward 2S,940 24,611 Total funds ¢arricd foTward 23,119 28,940 Tliis page does twt fomi part of tlie slatutoiy flnancial stateMets. Page 16
DOcusn En¥%knpe ID.. 39gCCE98.39AC4DBO.DE3W14DAE07DE37D Women in Wale5 Detailed Statement of Financial Activities for the Year Ended 30 June 2025 Totjl 2025 TotAI 2024 Ollker Iradiiig ocli¥lll FundTaising events Sponsorship 51.919 11,400 50,799 17,900 63,319 08,699 Rai51iigJunds Fundraising Costs Insurance Tel¢phon¢ and fax Pvirttiiig, postage &nd srationery Adveitising Independent exaininer's fee Legal aiid professional fees Card macliirtc charges {26,6£91 {22,624) (243) (369) (1.752) 18,214) (750) (1501 (268 (2581 15371 {13,9201 17901 (1581 2881 (42,640 134,370 Cliariluble aclivilles Grants payable- instithtions 26.5001 (30,000) 126,500 30,000 Tjiis page does not form part of the statutory fiiiatjcial statements. Page ly