Registered number: 07058666 Charity number: 1179433 SOROPTIMIST INTERNATIONAL GREAT BRITAIN AND IRELAND (SIGBI) LIMITED IA company limlted by guarantee) UNAUDITED TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
SOROPTIMIST INTERNATIONAL GREAT BRITAIN AND IRELAND {SIGBII LIMITED {A company Ilmltad by guarant&el CONTENTS Page Referen¢• and admlnlstratlvo d¢talls of th9 Company, Its Trustg&s and advlsers Trustees, report Ind&pèndont examin•r's report Statemgnt of Flnanclal A¢llvlt19$ Balanct 8h••t 10 Notes to the flnanclal statements
SOROPTIMIST INTERNATIONAL GREAT BRITAIN AND IRELAND {SIGBII LIMITED IA Company Ilmltod by guaranto&1 REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2025 Trust99$ Ruth Healey Dishi Attwood Iresigned 3 November 2Q241 Christine Corless Giselle Oavies Lindsay Green Dgborah Kingslgy lappoinlgd 3 November 20241 Gwynnelh O'Rourke Sandra Taylor (appointed 14 March 20251 Company reglstered numbgr 07058666 Charlty reglstered number 1179433 Reglst9rod offlco 2nd Floor Beckwilh House 1 Wellinglon R08d North Stockport Cheshir SK4 1AF Accountants James Cowper Kr8slon Chartored Accounlanls 2 Communications Road Greenham 8usiness Park Greenham Newbury Berkshire RG19 6AB Bankers Nalwesl Stockport Underbank Hall 10 Great Underbank Stockport Cheshlre SK1 1LL Page 1
SOROPTIMIST INTERNATIONAL GREAT BRITAIN AND IRELAND ISIGBII LIMITED IA company limlted by guarantee} TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2025 Thg Trustees. who are direclors for the purposes of company law, present the annual report together with the financial statements and independent exarniner's report of the charitable company for the year ended 31 March 2025. structure, Govemance and Managernent Soroplimist Inlemational Great Britain and Ireland ISIGBII Limited is 8 company limited by guarantee and not having a share capilal Icompany number 070586661 and was registered as a charity in England and Wales Icharily numb&r 11794331 on 2 August 2018. The governing document ol the charity IArticles of Association) was last amended on 2S October 2019. Tha Trustees are elected by the Clubs wllhin SIGBI Llmlled who are the company members. ObJo¢tlve$ and Actlvltles Th8 Objects of the charitable company 8re'. lo promote either directly or by the encouragement and support ol others including Clubs.. the advancgmenl of education., the 8dvancem&nl ol health and saving lives.. the rellef andlor pr&venlion of povgty.. the advancement of good citizenship and community d8velopm8nl', the advancement of human rights las sel out in the Universal Declarallon of Human Rlghts and subsequgnlly Unilad Nations and Declaralionsl throughout the world by all or any of the following means.. rell8vlng need among vlcllms of human rlghts abu$8', research Into human rights rgdrgss, e,g. modern slavery.. educating the public about human rlghls abuse, ralsing awareness of hurnan rights Issues and promoting SUPPOrt for human rights.. the advancgmenl of equality and diversity.. lo promote volunleering in furtherance of the objects amongst individual Soroplimisl Members ol Clubs, lor the benefit of the public across th9 world and in particular for the benefit of women and girls lo advance their slalus, posillon and role in society whgre currently unequal or disadvanlaged. Publlc Beneflt The trustees conflrm th81 they have Complièd wlth th8 requirements of section 17 01 the Charities Act 2011 10 hav8 due regard lo the publlc benefll guldance publlshed by the Charity Commission lor En9land and Wales. Achlovement5 and Pertormanco The work of SIG81 Limited in furthering ils objects and promoting volunteering is evidenced by the records of member Club activities on the database for tho year. Soroplimisls call their projèct work 'Progr8mme A¢lion' and choosg projects that tackle our charitable objects and the United Nations IUNI Sustainable Devtslopmenl Goals ISDGSI. They Can be Local, Regional or International in nature, big or small. 2024-2025 has continued to be a very successful year for SIGBI. 1,132 reports have been submltted lo our central Hub for new projects that have run from 2024-2025 and we also have a significant number of ongoing projects that have been updated during the year. Reports show that we have directly helped over 82,000 women and girls across SIGBI and we have raised £420,000 which has been used 10 5UPPOrt our proje¢ls, assist othor charilios and give direct grants to women to assist their education and occupations. By looking at the reports. available to all members through our Hub, inspiration can be gained, and many projects can be replicated a¢ross SIGBI with a few local adaplalions. The Programme team also highlight projects throughout the year and we know that mosl reports have been looked at up to eight limes by members. Page 2
SOROPTIMIST INTERNATIONAL GREAT BRITAIN AND IRELAND ISIGBI} LIMITED IA company limited by guaranteel TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 During 2024-25 we introduced further changes lo our Programme work. We have an addilw)nal As51slant Programme Director and she has a team looking at Advocacy in the UK. From August 2024 we introduced four n¢w categories into our reports, Service, Advocacy, Gifting and Activity. This was lo make the reporting easier for m&mbers and allows them lo ¢oncgnlralè on giving more detail when they write up their s8rvice projects, which halps the Programme laam wllh submissions lo the Unil&d Nations on our work. In recent years we have labellad our reports und8r one or more of the 5Ps Peace, Prosperity, Partnerships. People and Planet and Ihen linked these to the 17 SDGS and SIGBI'S charitable objects. This has proved confusing so this year we have moved away from tjsing the 5P approach and instead we have highlighted our charitable objects and how they fil with Ihg SDGS. This has helped to ensure that the work we arg doing is meeting our Objects as an organisalion. W8 hav& also realigned the Programmo l&am so each ol the Assistant Programme Directors are aligned and responsible lo these objects as well as the SDGS. Advan¢em•nt of edu¢atlon Providing women and girls with educallonal and upskilllng OPPOrtunilies irnproves prosperity and an increased quality of Ilfe. 152 projects wgre conducted acros$ varlous regions In tha Fèdarallon undar SDG 4, locuslng on quality educallon. These inilialiv88 targeted div8rs8 groups such as women and girfs, children. and community mgmbgrs including boys through projects like 8ludenl sponsorshlp, skllls Iralning, compelillons, and digllal safely workshops. Notable efforts include the sponsorship of a Cambodian sludenl, sponsorship of four girl students in Kathmandu, Nepal, sponsorship of Ugandan girl, supporting Probalional Children's Project in Colombo. Sri Lanka, becoming Medicine Savvy. PLJblic Speaking Cornpelilions, and World Youth Skills Programme. all promoting sustained educational bgnelils. Many clubs generously donated story books for chlldran as wo11 as lexl books for professional courses. Projects recorded 1,840 volunle8r hours, averaging about 21 volunteer hours p8r prolecl. Adv4ncement of health and $4vlng Ilves Clubs around the Federation have continued to work to Improv8 thg hoallh and wellbeing of women and glrfs. Events giving access lo denlisls, urinary checks and cervical cancer screening in Indi8 and lo health checks in Jamaica. Social events and befriending sorvices lo older people in the UK lo prevent loneliness. Raising awarengss ol health conditions as they impact wornen including osteoporosis, breast cancer. menstrual hygiene, autism and mental health. Advocating for retaining ban on FGM in The G8mbi8, for anli-spiking legislation and improved access lo denlislry in the UK. Making ol ilems for babies and post breast cancer surgery patients. Fundraising for breast cancer, blood cancer, dementia, mental health and bereavement charities. R•llef and/orprnventlon of poverty 199 projec15 have been reported with members conlrfbutlng 3,658 volunleer hours. £45,786 has been raised, bul also many packages containing foods, goods and materials have been given to alleviatg Poverty a¢ross tha federalion via local Foodbanks, refuges and women's cenlres. In r&l81ion to food poverty, the benefits of these projects are lo overcome immediate food insecurity and provide support for individual and family well-bèing and health. Children who are not hungry are able to learn and gain rnore from edu¢alion81 opportunities. Page 3
SOROPTIMIST INTERNATIONAL GREAT BRITAIN AND IRELAND ISIGBII LIMITED IA company Ilmltgd by guarantael TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 Advancement ofgood ¢ltlz0n$hlp and communlty dgvelopmgnt Climate change and climalts disaslèTS afftscl our hèalth, our ability lo grow food, and cause instsbilily of housing, safety and employment. 11 is acknowledged that women and girls are more adversely affected in these situations. Members of various clubs across the SIG81 Federation completed many projects that supported clirnale change through education, awareness raising, advocati'ng for change and sustainablg development activities. Some of these were accomplished in collaboration with other groups. These types of project are seen as Community Oevelopmenl andlor members being good citizen5 and are often recorded under the charitable objects of health, education or the alleviation of pov8rty. Members have undertaken 77 projects in this area, focussin9 on Ihe impact on women and girls. their communities or within their own lives. The Big Plastic Count project was continued by many clubs in the UK which helps support the reduction of single-plaslic use and encourages recycling. Planting of tr8gs and shrubs and other relatad activities which onhances air quality. raduc8s flooding. prevents excessive heal and providgs shade. removos carbon from the atmosphere and promolgs well- belng. Bèach Clean-ups whlch pravenl the harm caused lo oceans, lo wlldllfe. to coastal economl88, and even lo beach.goers. Adv4n¢em¢nt of human rlghts Human Rights work involves members actlvely trying lo prevent Violenc8 against Women and Glrls, Trafficklng and Modtsrn Slavèry. S8v&ral Sl clubs s&nl donations in cash and kind through Sl Europe and other relief agencies to peop58 affected by th@ war in Ukrain8 Clubs across Ihg Fgdgration marked 16 dBys of Actlvlsm In NovemberlOec9mber 2024 to ralse awareness regardlng gender based vlolence, domesllc abuse and modern day slavery. Orang8 Caf8s warè held by several clubs throughout the y&ar lo hlghlighl violenc8 agalnsl women. UK Clubs highlighted 'Women's Safely Issues al Night, through rallies, seminars and awareness programmes Several UK clubs brought out booklets with information to help domestic violence victims. Several UK clubs supported refugees and as)dum segkors through gifts, social gatherings, training programmes. Many membèrs attended Special Domestic Abuse Courts In Wales South Region. International Day of Peace was marked on 21st September 2024 by clubs throughout thè Federation. Advancemont of equallty and dlvorslty Over the past 12 months, Soropllmists In the UK and Ireland have undertaken a wide range of Impactful advocacy aclivilitss, championing women's health and human rights. Members acllvely lobbi&d Members of Parfiamenl Dn critical issues related lo women's health, calling for improved acce5S to services and greater investment in gender-specific care. Clubs across all regions marked International Women's Day with vibrant celebrations that spollighled women's achievements and reinforc8d SIGBI'S Commitment lo gendgr equality. During the 16 Days of AclivisrTTr against Gender-Based Violence, Soroplimisls collaborated with partners lo host educational events, vigils, and ¢ommunrty outreach campaigns. Notably, many clubs held 'Orange Cafés'-safe, inclusive spaces aimed at raising public awareness about violence against women. These events also highlighted the vital work of partner organisats'ons supporting survivors. Page 4
SOROPTIMIST INTERNATIONAL GREAT BRITAIN AND IRELAND ISIGBII LIMITED IA company limited by guarantee) TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 Through these initiatives, SIGBI continues to raise its profile and deepen its advocacy, embodying its mission lo educate, empower, and enable women and girfs everwhere. 1.200 volunteer hours have been spent undertaking advocacy work. To promote volunteerlng We have asked members lo record tho hours they have undertaken in their project work. So far. members have contributed 39,500 hours their reporting and this has only been recorded since August 2024. Whilst doing so, Clubs have worked with 464 other partner org8nisalions in their projects. Working together through strong partnerships means pooling ideas, resource5 and support, making il possible lo tackle issues more eff8clively and sustainably. Educat5on.' Clubs have partn8red wllh schools and other Ofganis81ions lo educat8 children, providing spoken English classes and luilion lo fiTsI-generallon learners. Funds have boen ralsed lo send a girf from a poor family to school and support her lifelong education. Oomèstlc abuse.. Clubs partnered with organisalions to provide Christmas gifts, including personal hygiene Items, lo women from refugès and caro homas. Interactive @ducalional sessions wer9 held for unlversily students lo ralse awarengss about the Orangg Campaign, Food poverty.. Members have provlded food lo rough sleepers and donated food items lo food banks. Hgalth.. Clubs have partnered with one another and other organi5alions lo provid8 proslhelic limbs 10 financially disadvantaged womon and girls. Girls from low socioeconomic backgrounds have begn givon talks on menslrual health and hygi@ne and supplied with menstrual products. Flnanclal Rovlow A surnmary of Ihg rosults for the year 15 given in the Sl8l&menl of Financial Aclivilitss on page 9. Al thè year end th8 surplus was £77.068 12024.. £94,933) mainly due to high interest rates resulting in significant amounts of nler&sl recelved on term deposlls, Ihe rg¢8lpt ol legacles and the receipl of funds from tha UK Programme Action Committee offs61 by the costs of rnovlng lo a smaller office and th9 costs of employing a PR agency. Mornbership has again reduced in 2024-25 although the ral8 of decline has slowed down 2023-24. Thg reduction in membership income lor the charity was miligaled by an Increase In membership fees. The balancg of funds al thg end of March 2025 was £734.47912024.. £657,411). The Board have decided lo transfer the surplus lor the year lo designaled funds as follows.. Reorganisalion Fund £25,000 - lo be used for the review and reorganlsallon of SIGBI lo ensure futur& Hub Fund £40.000 - to be used to fund the maintenance of the Hub in lulure years. Sculpture Ftjnd £10,000 lo be used to support the on90ing maintenance of the SIGBI plot al the National Memorial Arboretum. UK Programme Action Fund - £33,090- to bo used for Programme Actlon work pèrform8d In tho UK. R&$ervgs Pollcy The trustees havg examined the requirement lo maintain free reserves and concluded that a reserve of approxlmalely £300,000 should be maintained which equates to a year's worth of operating costs. In addition, approximately £266,000 is currently r&served in designated reserves used lo further the Charity's objectives as outlined in the accounts. The Trustees will from lime lo time review the designaled reserves to ensLJre the charity continues to invest in ils future. As at 31 st March 2025 the total funds of the Charity were £734,47912Q>23.. £657,411) which are all unreslriclèd. After deducting fixèd asséts and intangible assets of £21,98912023.. £32,283), the free reserves of the charity totalled £712,49012023. £625,128). Page 5
SOROPTIMIST INTERNATIONAL GREAT BRITAIN AND IRELAND ISIGBII LIMITED {A company limlted by guarantee) TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 Investment Policy The Trustees have considered the most appropriate inveslrnenl policy for the Charity and only hold investments in 8 dormant subsidiary, an inveslm8nl in Number 63 Isoroplimisll Llmil8d and an investment portfolio with Flagstone. Plan$ for Future Perlod SIGBI Llmited aims to encoura99 member Clubs to impact posltivtrly on tho lives of women and girls through our programme and partnership work. Our vision is lo educale, empower and enable women and children. through awareness, advocacy and action. The Board will continue lo work to irnprove communication5, both inlemal and exlemal, lo capitalise on use ol The Hub lor informing and engaging mernbors and lo support ils membgrshlp lo i&t8in and recruit members golng forward. Small companles provlslon statement Thi5 report has beon proparod In accordance wllh tho small companl8s' regime under tho Companle8 Act 2006. Statement of Trutsto88' ReBponJlbllltl•i The Trust88s (who are also the directors ol Soroplimisl International Great Britain & Iroland ISIG811 Llmll8d for the purposes ol company lawl are responsible lor preparing the Trustees. Report and the financial slal8m8nls In accordance with tho United Kingdom Accounting Slondards IUnil8d Kingdom Generally Acc8pled Accounting Practice) and applicable law and regulations. Company law requir8s the Trustees lo prepare financial stalemenls for each financial y8ar. Under company law the Trustees must not approve the financial slalemenls unless they are satisfied that they givg a trug and fair view ol the stale ol affalrs of Ihg charitable company and of its in¢oming resourc8s and appll¢alion ol resources, Including ils Income and expenditure, for that period. In preparlng thes8 linanclal slalemenls, the Trusle&s arè requlred to: select suitable accounting policies and apply them consislenlly., observe the methods and principlgs in tho Charities SORP., make judgements and estimates Ihal are reasonable and prud8nl', slate whether applicable UK Accounting Standards have been followed, subject lo any material departures disclosed and explained In the financial sl8lemenls', and prepare the financial 51alemenls on the going concern basis unltsss il is inappropriate lo presume that the charitable company will continue in business. The Trustees are r&sponsible for kègplng adèquatè ac¢oLJntlng rècords that are sufficiant to show and explain the Charitable Gompany's transactions and disclose with reasonable accuracy al any time the financial position of the charitable company and enable them lo ensur8 that the financlal slalemenls comply wllh the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable COTnpany and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by order of the members of the board of Trustees and signed on their behalf by.. Christine Corless (Trusleel Date.. L%" Page 6
SOROPTIMIST INTERNATIONAL GREAT BRITAIN AND IRELAND ISIGBI) LIMITED (A company limited by guarantee) INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2025 Ind&p&ndgnt Examlnar's Raport to the Trustees of Soroptlmlst Intornatlonal Great Brltaln and Ireland ISIGBII Llmltod I'the Company'l I report to Ihts charity Trustees on my examlnalion of the accounts of Ihe Company for the year ended 31 March 2025. R•sponsibilitl•s and Basls of Roport As the Trustees of the Company land ils directors for the purposes of company lawl you are responsible for the praparalion of the accounts in accordance with the requirements of the Companies Act 2006 I'lhe 2006 Acl'l. Having satisfied myself that thg aoUnt$ of th8 Company arg not requirgd lo bg audited und8r Part 16 of Ihg 2006 Act and are eliglble for Independent examlnallon. I report In respect of my examinallon of the Cornpanls accounts carrSed out under $8clion 145 of th8 Charllies Act 20111'lhe 2011 A¢l'l. In carrylng out my examination I have followed the Directions given by the Charity Commission under section 145lSllbl ol the 2011 Act. Indgp9nd•nt Examlnar's Statamant Since the Company's gross income exceeded £250,000 your examiner mu51 be a member of 8 body li51ed in seclion 145 of the 2011 Act. l ¢onlirm that l am qualified lo undertake the examinatlDn because l am a member of Tha Inslllule ol Chartered Accounlanls In England and Wales, which is one of Ihg listed bodies. I have complel8d my examlnallon. I conllrm that no mallers have come lo my allenllon In conn8cllon wllh the 8xamlnallon glvlng me cause lo bell8Ve'. occounling reeords wère not kapl Sn ièspecl ol the Company as required by secllon 386 of the 2006 Act,, or the accoun15 tjo not ac¢ord wllh Ihosg records., or the accounts do not comply wllh th9 accounting rgquiromonls ol sgclion 396 01 the 2006 AGI othor than any requirement that the accounts glve a 'lrue and lairf vlew which Is not a matter consSdered as part of an Independent examlnallon., or the accounts have not been prepared In accordance wllh the methods and prlnclples of the Stslemenl of Recornm8nd8d Practice for accounting and reporting by charities lapplicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Irgland IFRS 10211. I have no Concerns and have come across no other mallers in connection with th8 examination to which allenlion should be drawn in this report in order lo gnab19 a propgr understanding of the accounts lo be roached, Page 7
SOROPTIMIST INTERNATIONAL GREAT BRITAIN AND IRELAND ISIGBII LIMITED IA company limited by guarant••l INDEPENDENT EXAMINER'S REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 This report is made solely lo the Company's Trustees, as a body, in accordance with Part 4 of th& Charities (Accounts and Reports) Rggulations 2008. My work has been undertaken so that I might slate lo the Companys Trustees those tnallers l am rgquired lo state to them in an Ind8pendenl examiner's report and for no other purpose. To the lullesl exlenl perrllilled by law, I do not a¢¢ept or assume responsibility to anyone oiher than th& Company and the Company's Trustees as a body, for my work or lor this report. Signed.. Dated. 0510812025 Fiona Hawkins Bsc (Honsl Msc FCA Jarnes Cowper Kreslon Charter8d Accountants 2 Communications Road Greenham Buslnass Park Greenham Newbury Berkshire RG19 6A8 Page 8
SOROPTIMIST INTERNATIONAL GREAT BRITAIN AND IRELAND ISIGBII LIMITED IA company Ilmllèd by guaranteel STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNTI FOR THE YEAR ENDED 31 MARCH 2025 Unreslricled funds 2025 Total funds 2025 Total funds 2024 Note Income from: Donations and legacies Chartable activitiès Investments 80,043 349,145 39,182 80,043 349,145 39,182 67,949 320,819 29,243 Total Income 468,370 468,370 418,011 Exp•ndltur¢ on.. Ch8rlt8ble aetlvllles 391,302 391,302 323,078 Total expandlturo 391,302 391,302 323,078 Not Sncome 77,068 77,068 94,933 Not movemont In funds 77,068 77.068 94,933 Reconclllat5on of funds: Total funds brought forward Nel movement in funds 657,411 77,068 657,411 77.068 S62,478 94,933 Total funds carrled lorward 734,479 734,479 657,411 The Slalgmenl of Flnanclal Activities includes all gains and losses recognised in the year. The notes on pages 1110 25 form part of these financial slalemenls. Page 9
SOROPTIMIST INTERNATIONAL GREAT BRITAIN AND IRELAND ISIGBI} LIMITED IA company limited by guaranteel REGISTERED NUMBER.. 07058666 BALANCE SHEET AS AT 31 MARCH 2025 2025 2024 Note Flxed assets Intangiblg assgts Tangible assets Investments 20,758 1,231 788,030 30,071 2,212 758,844 10 12 810,019 791,127 Currant assots Stocks Debtors.. amounts falling du8 Wlthin on8 year Cash al bank and in hanLI 13 14 1,008 88,739 128,155 1,492 87.599 68.772 217,902 157,863 Currant Ilabllltlos Credllors.. amounts falling due within ong year 15 1293,4421 1291,5791 Net current Ilabllltles 175,5401 1133,7161 Total nat as$et$ 734,479 657,411 Charlty funds Unreslricled funds 16 734,479 657,411 Total funds 734,479 657.411 The Company was enlllled lo exgmpllon from audit under section 477 of the Companies Act 2006. The members have not required the company lo obtain an audil for the year in question in accordancg with section 476 of Companies Act 2006. The Truslees acknowledg8 their responsibilities tor complyng with th8 requiremènts of th& Act with respect lo accountlng records and preparation of flnan¢ia1 statements. The financial slalemenls have been prepared In accordance with thg provisions applicable lo enli11g5 subje¢t lo the small companies regime. The financial staternents were approved and aulhorised for issue by the Trustees and signed on their behalf by.. Christine Corless (Trusleel Dale.. The notes on pages to 25 fomi part of these financial 51alem&nls. Pagg 10
SOROPTIMIST INTERNATIONAL GREAT BRITAIN AND IRELAND ISIGBII LIMITED IA company limlted by guarant9&1 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Genoral Informatlon The charitable company is Ilmiled by guarantee, incorporated in England and Walgs, and conseguenlly does not have share capital. Each of the member clubs is liable to contribute an amount not exceeding £1 towards the assets of the charitable company in the event ol liquidation. The addres5 of ils registered office is 2nd Floor 8eckwith House, 1 Wellington Road North, Stockport, Cheshire. SK4 1AF. A¢¢ountlng poll¢l•s 2.1 Basls of pr•paratlon of financlal statèments The financial slalemenls have been prepared in accordance with the Charitiès SORP IFRS 1021 Accounting and Reporting by Charilies.. sl8l&menl ol Recommended Practice applicable lo charities praparing their ac¢ounls in accordance with tha Financi81 Reporting Standard applicable in the UK and Republlc of Ireland IFRS 102118ffeclive 1 January 20191, the Financial Rgportlng Standard applicable In the UK and Republic of Ir8land IFRS 1021 and Ihg Companles Act 2006. Soroplimisl Inlernalional Great Britain and Irèland ISIGBII LlmSled meets the deflnlllon of a publlc benefit enlily under FRS 102. Assgts and liabilities arg initially r&cognis8d al historical Cost or transaction value unless olheNise slated in the relevant accounting poli¢y. 2.2 Golng concern There are no material uncertainties in relation lo going concern. 2.3 In¢omo All Income Is r8cognSsèd oncè thè Company has enllllem8nl to the Income, 11 Is probable that the income will be received and the amount ol income receivable can be measured rellably. Thg rgcognllion ol income from legacies is dependent on establishing enlillemenl. the probabillty of receipt and the ability lo estimate with sufficient accuracy the amount receivable. Evidence of enlill&menl lo a legacy exis15 when the Cornpany has sufficient evidence that a gift has been left lo Iheffl Ilhrough knowledge of the existence ol a valid will and the death of th& ben8laclorl and the oxeculor is satisfied Ihat the property in question will not be required lo satisfy claims in the estate. Receipt ol a legacy must be recognised when il is probable that il will be received and the fair value ol the amount re¢eiv8blts, which will generally be the expected cash amount lo be distributed to lh8 Company, can be reliably measured. Income lax recoverable In relation lo inveslm8nl incom8 is r8cognls8d al the lime the Investment incorne is recgivablg. Interest on fixed 18rm deposit maturity accounts wth a maturity dale being longer than 12 months Is accrued other the life of the deposit. 2.4 Expendituro Expenditure is recognised once there is a legal or constructive obligolion lo transfer &conornic benefit lo a third party, il is probable that a transfer ol e¢onowi¢ benefits will be required in settlement and the 8mounl ol the obligation Can be measured reliably. Expenditure is classified by activity. The costs of each 8¢tivity are m8dg up of the lolal of direct costs and shared costs, including support costs nvolved in undertaking ea¢h aclivily. Direct costs allribulable lo a single activity are allocated dirèctly lo that activity. Shared costs which contribute lo more than one activily and support ¢osts which arè not atlribulable to a single activity are apportioned between those activities Dn a basis consislenl with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocatecs on the portion ol the asset's use. Page11
SOROPTIMIST INTERNATIONAL GREAT BRITAIN AND IRELAND ISIGBII LIMITED IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollcles Icontlnuedl 2.4 Expenditure {cont5nuedl Expenditure on charitable activities is incurred on directly und8rtaklng the acllvlll8s which further the Cornpanls objeclivos, as wo11 as any associated support costs. All èxpenditure is inclusive of irrecoverable VAT. 2.5 Intanglbl8 a8SOt8 and amortlsatlon Intangiblg ass8ls ¢osling £1,000 or more are capllallsed and recognised when future economic benefits are probabl& and th& cost or valu8 ol the asset can be measured reliably. Intangible assets ar8 initially recognisgd al cost. After recognition, under lh8 cost model, intangible assets are moasurgd al cost less any accumulaled 8mortiS81ion and any accumulal8d impairm8nl 10ss8S. Amortisalion is provided on intangible a55els al rates calculated lo write off the cost of ea¢h assgl on a slr8ighl.line basis over its expected useful life. Amortisalion is provided on the following basSs'. Computer SOare- webslle 20 0/0 slralghl Ilne 2.6 Tanglblo flxèd a$8ets and depreclatlon Tangiblo flxed assets costing £1,000 or more are capitalised and recognlsed when lulure economic bgn¢fiis are probable and the cost or value of the asset can be measured reliably. Tangible fixed 8ssels are initially recognised al c051. After recognition, under the cost model, longible fixed 8ssels are measured al Cost less accumulated depreciation and any accumulated impairment Ios3es. All c0515 incurred lo bring a tangible fixed asset into its intended working condition should be included in the measurement of cost. Depreciallon Is charged so as lo allocate the cost of tangible flxed assèts less their resldual valug ovar their 88limaled us8ful lives, using the slraighl-line method. Dèpreclalion Is provided on the following basis.. Fixtures & eqLJipment Computer equipment 25Q/o Straight line 200/ts straight line 2.7 Invtsstrnents Fixed asset investments are a form ol financial instrument and are inity'ally rgcognised al their transaction cost and subsequently measured at fair value at th& Balance sh&et dale. unless the value cannot be measured reliably in which cas8 It is measLJrad at Cost less Impairment. Investment gains and losses, whether r8alised or unrealised, are comblned and presenl&d as 'GainsllLossesl on nveslmenls, in the Statement of Financial Activities. Investments in subsidiaries are valued al cost less provision for impairment. Other investments inclu(5e amounts that are held in fixed term deposit bank accounts with a maturity dale being longer than 12 months. These are valued al cost less provision for impairment. Page 12
SOROPTIMIST INTERNATIONAL GREAT BRITAIN AND IRELAND ISIGBII LIMITED (A company limited by guaranteè) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollcl•s Icontlnuedl 2.8 Stocks Stocks are valued al the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion ol fixed and variable overheads. 2.9 Dèbtors Trade and other debtors are recognls&d al the selllgment amount after Bny Irada discount offergd. Prgpaymgnls ar8 valued al the amount prapald n81 of any trade dlscounls due. 2.10 Cash at bank and In hand Cash al bank and in hand includes cash and shorl-lerm highly liquid invgslmenls with a short maturity of Ihree months orloss from the dale of acquisition or opening of th8 deposit or similar account. 2.11 Llabllltles Liabilities are recognised when there is an obligation al the Balance sheet dale as a result of a past event, it is probable that a Iransl&r of èconomic benefit will be required in selllgm8nl. and the 8mount of the selllemgnl can be aslimaled reliably. Llabilllles are recognlsed al the amount that the Company anllclpales11 wlll pay lo sellle the debt or the amount il has rec8lved as advanced paymgnts for the goods or services il musl providè. 2.12 Flnan¢lal In$trum•nt8 The Company only has financial as$els and financial liabilities of a kind that quallfy as baslc flnanclal inslrumenls. Basic financial instruments are initially recognised al transaction value and subsequently measured al their selllement value with the exception of bank loans which are subsequently measured al arnortised cost using the trff8cllvg inlerasl method. 2.13 P•n$lon$ The Company operates a defined contrlbutlon pension scheme and thè pansion charge r8presenls the amounts payable by the Company lo the fund in respect ol the year. 2.14 Fund a¢countlng General funds are unreslricled funds which are available for use 81 the discretion of the Trustees in furtherance of the general objectives of the Company and which have not been designated for other purposes. Dgsignated funds comprise unreslricled funds th81 have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notF>S to the financial slalements. Investment ineome, galns and losses are allocated lo the appropriate fund. Pago 13
SOROPTIMIST INTERNATIONAL GREAT BRITAIN AND IRELAND {SIGBI} LIMITED IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Income from donatlons and 1oga¢lgS Unreslricled funds 2025 Total funds 2025 Total funds 2024 Legacies Donations and Gift Aid 22,482 57,561 22,482 57,561 50,121 17,828 80,043 80,043 67,949 In¢om¢ from charltablo a¢tlvltle$ Unrèslrlcled funds 2025 Total funds 2025 Total funds 2024 Membarshlp Club website Online shop salas Conlergnce Income 234,789 7,160 8,638 100,558 234,789 7,160 6,638 100,558 235,733 7,400 8,116 69,570 349.145 349.145 320,819 Invostmont Incomo Unreslricled funds 2025 Total funds 2025 Tglal ftjnds 2024 Interest roceived 39,182 39,182 29,243 Pagg 14
SOROPTIMIST INTERNATIONAL GREAT BRITAIN AND IRELAND ISIGBII LIMITED IA company Ilmlt&d by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Analysls of oxpendlture on charltable actlvltles Summary by fund typo Unr8slricled funds 2025 Total 2025 Total 2024 Membership Head office costs Depreciation and amortisalion Financg costs Other expanses Governance costs Staff costs Online shop costs Conferenc9 expenses 92,335 55,127 11,549 1,591 20,396 13.593 102,165 2,802 91,744 92,335 55.127 11,549 1,591 20,396 13,593 102,165 2,802 91,744 69,364 38.828 15.236 2,958 13,142 7,801 106,291 10,088 59,370 391,302 391,302 323,078 Indopendent examln•r'8 rèmuneratlon 2025 2024 Fe8s payable lo the Companls indepgndent examinerlaLJditor for the independent examinalionlaudil ol the Companls annual accounts 3,450 3.300 Page 15
SOROPTIMIST INTERNATIONAL GREAT BRITAIN AND IRELAND {SIG811 LIMITED IA company Ilmlled by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Staff costs 2025 2024 Wages and salaries Social security costs Pension costs 95,321 4,689 2,155 99,144 4,945 2,202 102,165 106,291 The average number of persons employed by the Company during the ye8r was as follows.. 2025 No. 2024 No. Staff No omployee received remuneration amounting lo more than £60,000 In either year. TrustèO8' r•mun•ratlon and gxpgns•5 Ourlng the year, no Tru51ees recèlved any remuneration or other benefils12024- £NILI. Ourlng the ye8r ended 31 March 2025, expenses totalling £20,823 wgrg reimbursed or paid directly lo 8 Truslees12024 . £18,923 10 8 Trusle8sl. The reirnbursèd costs relalgd lo travel and accomodalion. Page 16
SOROPTIMIST INTERNATIONAL GREAT BRITAIN AND IRELAND ISIGBII LIMITED {A company Ilmlted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 10. Tanglble flxed assets Fixtures and firtings Cost or valuatlon Al 1 April 2024 60,194 At 31 March 2025 60,194 Depreciation Al 1 April 2024 Charge for the year 57,982 981 At 31 March 2025 58,963 Net book value Al 31 March 2025 1.231 Al 31 March 2023 2.212 Page 17
SOROPTIMIST INTERNATIONAL GREAT BRITAIN AND IRELAND ISIGBI} LIMITED IA Company Ilmltod by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 11. Inlanglblo assets Computer software Cost Al 1 April 2024 Additions 73,230 1,255 Al 31 March 2025 74,485 Amortlsatlon At 1 April 2024 Charge for the year 43.159 10.568 Al 31 M8rch 2025 53,727 Not book valuo Al 31 March 2025 20,758 Al 31 March 2023 30.071 12. Flxad a$$8t Invostmonts Investments in subsidiary Other companies investments Total Cost or valuatlon At 1 April 2024 Additlons Disposals 758,843 618,029 1588,8431 758,844 618,029 1588,8431 Al 31 March 2025 788,029 788,030 Net book value Al 31 March 2025 788,029 788,030 At 31 March 2024 758,843 758,844 Pagg 18
SOROPTIMIST INTERNATIONAL GREAT BRITAIN AND IRELAND ISIGBII LIMITED IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 13. Stocks 2025 2024 Flnished goods and goods for resale 1,008 1,492 14. Debtors 2025 2024 Due wlthln on• year Trade debtors Other debtors Prepayments and accrued income 433 19,532 68,774 934 14,255 72,410 88.739 87,599 15. Credltor$'. amounts falllng du• wllhln one year 2025 2024 Trade creditors 919 260.110 14,996 8,474 8.943 1,337 260,110 8,864 5,984 15,284 Amounts owgd to group undertakings Other laxalion and social security Other creditors Accruals and deferred Income 293,442 291,579 Page 20
SOROPTIMIST INTERNATIONAL GREAT BRITAIN AND IRELAND ISIGBI) LIMITED IA company limited by guaranta81 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 16. Statement of funds statement of fund$ - curr•nt y¥ar Balance al 31 March 2025 Balance al 1 April 2024 Transfers inloul Income Expenditure Unrestrlct•d fund$ Doslgnat&d funds Development fund Reorganisalion fund Sculpture fund Membership fund PR Fund Programme fund IT upgrade fund UK Programrne fund Hub fund 34,387 51,568 3,214 10,000 60,000 10,000 40,500 15,2771 25.000 10.000 29.110 53,502 12,113 10,000 38,000 1 C>,000 40,500 32,379 40,000 123.0661 11,1011 122,0001 17111 33,090 40,000 209,669 146,8781 102,813 265.604 Goneral funds General funds 447,742 468,370 1344,4241 1102,8131 468,87S Total Unre$trl¢tgd funds 657,411 468,370 1391,3021 734,479 Pa9è 21
SOROPTIMIST INTERNATIONAL GREAT BRITAIN AND IRELAND ISIGBII LIMITED IA Company IlmSled by guaranteel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 16. Statement of funds Icontinuedl Dèvelo ment fund The fund is lo support the charitable objectives of SIGBI with grants and donations. Reor anlsatlon fund The fund is lo support any review and reorganisalions of SIGBI lo onsure viability of the Federation moving forward. S¢ul tur• fund Th8 fund is lo support the ongoing maintenance of th8 SIGBI plot al the National Memorial Arboretum. Membershl fund Thg fund is lo support the openlng of new clubs and recruilmenl of members. PR fund The fund 15 to support the development of SIGBI Lld's profile. Pro ramme fund The fund 15 to SUPPDrt project works across tho Federation. IT U radè fund The fund is for the upgrade ol systems in the office including accounts, databasg and natwork connectivity. 11 will support the creation ol SIGBI'S naw wabsite. UK Pro ramm8 fund The fund is lo support project work wllhln the UK. Hub fund The fund is to support the ongoing mainlenan¢g costs of operating the Hub. Pagp 22
SOROPTIMIST INTERNATIONAL GREAT BRITAIN AND IRELAND ISIGBII LIMITED IA company Ilmltad by guarant9&1 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 16. Statement of funds lconllnugdl Stat•m&nt of fund$- prlor year Balance al 31 March 2024 Balance al 1 April 2023 Transfers inloul Incomè Expenditure Unrestrlcted funds D&slgnat•d funds Development fund Reorganisalion fund Sculpture fund Membership fund PR Fund Progr8mmo fund IT upgrade fund 18,838 30,000 4,591 10,000 10,000 10,000 40.500 15,549 25,000 34,387 51,568 3.214 10,000 60,000 10,000 40,500 13,4321 11,3771 50,000 123,929 14,8091 90,549 209,689 Ggnerol fund$ General Funds all funds 438,549 418,011 1318,2691 190,5491 447,742 Total Unrg$trl¢tgd funds 562,478 418.011 1323,0781 657,411 17. Summary of funds Summary offunds- current year Balance al 31 March 2025 Balanco at 1 April 2024 Transfers inloul Income Expenditure Designatgd funds General funds 209,669 447,742 146,8781 1344,4241 102,813 1102,8131 265,604 468,875 468,370 6S7,411 468,370 1391,3021 734,479 Page 23
SOROPTIMIST INTERNATIONAL GREAT BRITAIN AND IRELAND ISIGBII LIMITED IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 17. Summary offunds Icontlnuedl Summary offunds- prlor year Balance al 31 March 2024 Balance al 1 April 2023 Transl&rs inloul In¢omg Expenditure Oesignat&d funds General funds 123,929 438,549 14.8091 1318,2691 90,549 190.5491 209,669 447,742 418,011 562,478 418,011 1323,0781 657,411 18. Analys58 of not as$8ts bgtween funds Analys1¥ of ng1 a$$•ts b•twtrtrn fLsnds . ¢urr$nt yoar Unreslricled funds 2025 Total funds 2025 Tangible fixed assets Intangibl8 fixed assets Fixed asset investmen15 Current assets Creditors due within one year 1.231 1,231 20.758 20,758 788,030 788,030 217,902 217,902 1293,4421 1293,442) Total 734,479 734,479 Analy$ls of net a$8ets lund$ - prlor yoar Unrestricted funds 2024 Tol81 funds 2024 Tanglble fixed 8ssels Int8ngibl8 fixed assets Fixed a5sel invaslments Current assets 2,212 30,071 758,844 157,863 1291,5791 2,212 30,071 758,844 157,863 1291,5791 Creditors dLJe within one ygar Total 657,411 657,411 Pag8 24
SOROPTIMIST INTERNATIONAL GREAT BRITAIN AND IRELAND ISIGBII LIMITED IA company Ilmlted by guaranteal NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 202S 19. Pgnslon ¢ommltmgnls The charity operal8s a deflned contribution pension scheme. Thg assets of the scheme are held separately from those of the charity in an independently administered ILJnd, The ptrnsion ¢osl charge represents CDnlribulions payable by the charity lo the fund and in the y&ar amounted lo £2.155 12024.. £2,202). £34612024.. £3311 wa5 payable to the fund at the balance sh6el dal8. 20. Related party transactlons At the yoar end the balanc8 owed lo SIG81 Tradlng Llmll&d Ss £260,11012024.. £260,1101 and is included In creditors al the year end. Each rnember of Soropllmisl Inl8rnalional Great Britain and Ireland ISIGBII Limllgd pays a membershlp lee which includes a levy on behalf of three charities detailed below. Tho charitable company collgcls1gvi8s, payable by the members, on behalf of Soroplimisl International ol Grèat Britain and Ireland Benevolent fund Icharily No.. 2118401 and these amounts are paid directly lo that charlly. During the year the amounlg received lolallèd £10,354 12024.. £10,453). Al the year end £1.18312024.. £1.1131 was still lo be paid over. The charilablg company colle¢ls levies, payable by the m8mb8rs, on bèhalf of Diamond Education Grant Icharlly No.. 11396681 and Ihesg amounts are pald directly lo that charity. During the year the amounts received lolalled £5,57012024'. £4,572). Al the y8ar end £2,02512024.. £1,184) was still to be pald over. The charitable company collects levies, payable by Ihg membors, on behalf of Soroplimlsl Inl8rnallon81 of Great Britain and Irgland Emergency Relief Fund Icharily No.. 2112311 and these amounts are paid directly lo Ihal charity. During the year Ihe amounts received lolalled £4,31412024.. £4,336). Al the ygar end £2,11112024.. £6281 was sllll lo be paid over. Page 25