Charfty registrntion numller 1179633 THE FEMALE LEAD ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 THE FEMALE LEAD LEGALAND ADMINISTRAnVE INFORMATION Trustees Mr C R Humby Mrs E D Humby Miss R C Humty Charlty numbèr 1179633 Prlnclpal address 54 Sheffield Terr UFUted ￿ngdoM W8 7114 Independent examlner >hn Howard FG4 Azets 2nd Noor, Resi5 House 45 lfjng Wlliam Street LONDON EC4R 9AN Unrted Kiwthn THE FEMALE LEAD CONTENTS Page Independent eXami￿S rewt Statement of financial acai4ryb Balan￿ sheet Notes to the financial statemerts 7-11 THE FEMALE LEAD TRUSTEES REPORT FOR THE YEAR ENDED 31 AUGUST 2024 The Trustees present th￿r rewt and Statem￿ forthe year ￿jed 31 A￿u$l2024. The F￿al8 Lead wa$ formalty krbjhn as The E(kn"na D￿n aThl Clive Humby Edwational Foundati¢)n. The finanaal statemerts have been prepared in *1lh Ihe accounlirvJ ￿lIcIeS set (Krt in note 110 the financial statements and CoM￿Y with the Charita￿e Incorpwated Organisation's goveming do(yJment, the Charities Act 2011 arbj °Ac￿U￿b.ng atKI RerKy1ing by Charibes.. Statement of RecL)mwneW￿ed Practice applicable to chants.es preparing th￿r in accordance wrth the Finana￿ ReFKKting Standard applicable in the UK and Republic of I￿land IFRS 1021" {as amended for acoyJrtiThJ wi(xJs commenarwJ from l JanLTrary 20161 Objectives and actlvltlgs The Charitable Incorporated organisali￿.$ thiects are to advaTKe suc* eh3iitable purposes (according to the law of England and Wales) as the Trustees see fft from b.me in particular t￿rt not limrted lo the advan¢ing of the education of young people ft)r putrfic by making ￿ants arxj •rts, in partIca￿ar t4Jt Th)t exduswety to lil individual young persons-, lill educational organisth.ons and proiecls for young people" liiil community development organisab.ons and projects wfvch aim to frxlher the educ*ion of. sUPPOrt 8r¥J ins￿"re young people.. liv) arts and sciences Organisat￿ThS ar¥J woie(ts *thich aim to futhr the edL￿ation of, supwt and inspire your#a people. The Trustees have paid due regard to guidance issued by the Clwity Commission in deudiTrJ vthat a¢Xrvtt¢es the Charitable InCOrp￿ed Organisation Sh￿Ad txjdertake. The Imstees make grwrt paymwts yific ¢7ihia set (Njt ty ts trusiees in accordance wilh the Charity's objectives. Achlevements and perfornmnce Global Reach and Impact The Female Lead Continues to fulfil rts thW[taL￿ M1wc￿ fO￿d emFthvennent of women. Our global audience has exp￿e￿ lo r￿rty 9 Nillion ErnI￿idUa1S. Thriyjgh cur plattcwms. we continue lo share drverse arKI inspiring rote models and narratives that ￿pha￿ resilwKe, inrN)v8tion, and empowe￿￿￿. Our organisation employs ccMnpellir#J storytelling Met1K￿leS. uThJerpinn&J by rigoroLLS ￿searCh and fact- finding initiatives, to gather eviden￿ that th811enges stereotypes. breaks barriers. end fosters a more inclusive society. The aim remains consistenl" to ueate an environment vhwe V*¥rn feel empThv¥ed to pursue their ambiti'ons and reach tharfull Fyjkntial. Advocacy and Pollcy Infiuence The Female Lead serves as a pknrm that amF4tf*s the of milh'ons of ¥￿ien at every age and stsge. highlighting th￿{ needs, wants. and eyriew. The irk*ghts V*e gthr ￿ble us lo infiuenc£ the shaping of future policies and proce55es, tsulitating meaning￿￿ thange in IKN Wers and organisations adapt to and engage theirwoTkforce of the future. THE FEMALE LEAD TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 Educational Impact l educational ￿$OurceS develored by The Femate Lead. indu(fing h¥0 pubFished I￿)0kS and film5, are made aVaila￿e free of charge to schods glctslty. ￿1h partIC￿lar emphasis ¢)n institukns in the United lQngdom and the Unf(ed States. ￿ maintstn a strrmg prewKe a(xoss primary schtsjis. seL¥xwJary sth¢xrts. colleges, and universities. The chanty's educational ￿paIgn cyerates thr￿ 'Fwnale Lead kniebes.. enabling direct interaction v￿th our educator nets¥0￿ These so￿1[e$ utilise F#)w￿l resources dwned by women and gids, for women and girls. While not part of the fixed cJJrTtculum. our term-fe¢used ￿sOurc*S sb"mul*e debate arKI leadership development, helping studants anticipate and Overcor￿ barriers presefited by s￿81 media and other societal pressures. Upon compleb.on of the three-term prc#3ramme and all shar8J re8C￿[ce$. partSC4pats'ng girts and schools receive Female Lead accfeditabon and certrficaion. In 2025, we succEssftJlly ho&ed our third 'lnspiring Gveers of the Future, event in London. This initiatwe provided students with opporbjntties to engage and question senicff representatives from dive￿ fields in¢luding talent management, soc2al media. medThl ￿r￿Es. law, aThJ Sp￿tsioUmol1sm. The SchoolsAmbassador Programme remains a Cor￿s￿e of The Female Lead's activth"es. ￿ aim to expand our current nefv￿rk of 1fh12 schcM)Is and 100 st￿1&ni ambass•kn over the forthcoming year. Research and Publlcallons Our commttment to research rem￿nS uThvaverirvJ. A not*)le Ilws year was the ¢omplebon of a comprehensive report examining the experiences of over 8.OC(J women retuming lo work after malernity leave. This groundbreaking st￿* reveakd ValUa￿e insights regarding women's eX[￿CtationS and how employers opb.mise policies and ir¥Juth"on procAsw to knlitate successfijl remm1ab￿ and sustained engagement. Pub115hing and Dlgltal Engagement The Female Lead's PLfblishing divisi(￿ has signthcatt gr(Aty1h ￿ring this reForling peri¢xl. Our subscriber base, launched in late 2023 offering both free and premium content, has expanded to over 19,000 subscribers. Our content Strat￿ f(th8es on stx key PdlaTS of FulfilmenL' SeK. Relationships. Health. Kbrk. Money, and Soryety. The Fujfilment FiThJer Survey. emplowro n￿r0$&￿t1￿C mettKKldcgies to explefe mottvabon and emotional drivers that influence work-lrfe balarte, cMtinL*S to provide rith data insights. To date. this survey has ¢ollectÈd over 150,000 reS[￿f￿. Vthile fredy aoxE&fjikJe to indmduals, an enterprise VWSKsn is available to orgallisalions seeknng to assoss satisfaction and motNation kn1$ 7Mthin tsr worlrfOr￿. The resulting ir6ights equip leadership teams V￿th a dear understaTrJing ofv*￿en.5 r￿5 and expetstions in the workplace. Future DlrKtlons Looking ahead, the Trustees are committed to twildirvJ upm these ￿le¥em￿ by: 1. Continuin9 to sh¥e tiriginal. impadful cor)t*tt 2. Strengtheniro engagement wth our (￿icat￿l arKI Trughly engag&l o)mmunity Developing straegic part[￿[ShIps cryanÈLatic*is ￿ emend OLEr reach arKJ InfluEr¥ Th& Twstees express th￿r sincere appre(aation to *aff. volunteer5. partneTr. and 5UPP(¥ters vthho have contributed to another surxessftd year for The Fem* Le*l. Financi•l review During the year, the CIO had total in¢￿ing res¢)urces of £111,108 {2023.. £243.0891. The CIO incJJrred direct expendtture of £31,617 12023.. £117.461), in relabon to futhring the Female Lead pro￿, through the distribution of b￿kS to schwls. researth and deYew￿ ofthe Fuffilmerrt swvey. THE FEMALE LEAD TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST2024 It is the of the Charrtaiye Inc(¥pMJrated Organisakn that unrestri(aed fvnds which have not been de8ignalèd for a swfic use ts)ukl b? maintsined at a lovel equN•l¢nl to btheen th￿¢ and six month's expenditure. The Trustees consider that reserves at this levd will ertsure that. in the event of a sgnifiGant diop in ftjnding, they VAII b& able to the Chantabte IrKryrMNalei1 Otganisation's current acti￿￿eS while nsideration is gThien to ways in addtlional fvrKls may raiwj. This level of reserves ha5 been maintair￿d throughout the yw. Structure. governan￿ and maftaggm•nt The Charitable Incorporated Organisation is COntrDI￿ by ty)NemlrKJ d(￿lThert a deed of trust, and conslilutes a Ch8rit8tAe Intxjrwrated Organisabcffi. The Trustees who 5eNgJ during Ihe year arKI up to dak of signature of the finamial Stat￿)ents were.. Mrc R Humby Mrs E D Humby Miss R C Humby Ro¢rultsn¢nt and appolntment of trustees Appt)intment for fixed term". . apart from the first charity trustees. every te aFpJinted for a temi of three years by a resoluiion passed at a txoperly convened meeting of the chanty trLtstees . in selecting individuals for appoÉntment as tharty trustees, the charity trustees mu3t have regard to the skills, know18dge and exper￿nts needed forthe effeclive admirystratM)n of the CIO How declsions are made Any decision may be taken erther. . al a meeting of the charity trustees . by resolution in wnb.ng or eledronic form agreed ty a majcKTty of all of charity trustees. which may comprise either a sirtgle d(￿ment or several thMJrnents containing the text of the resolution in like fomi lo which a majority of ail of the c*tarty trustees has sKJntfied their agrewnenL Such a resolution shall be effeth.ve provided thatr. (a) a copy of the proposed reso[ul￿ has at or as near as r￿ona￿ practicable to the Same lime, to all of the charity trustees,. and {bl the majtyrty of all of ts charity Intslees has sbjnified agreemert to the resolubon in a doujmenl or d¢xuments which has or have been authenticated by their &gn8ture, by a ststement of their identity accompanwng the ¢*nJment ￿ d0￿Ments. C￿ in suth other marnw as ts tharity trustees have previously resow. aTrJ to the CIO at its tKmpal office or suth other pla￿ as the trustees may resdve. Golng wnern The Truslees are very confident that income ar)d (kjnations wll be forthcoming and muc* more substantial in this coming year. This frJrec8St is based on the development of partr￿r5h1p tcrt)Is and capabilrties Ihal unlock value for a variety of major corwrations. The chariVs key assets ￿K1 gU￿1r￿j win0￿$ will of course be maintained 81 all limes. In the Interim, the Trustees are committed to Sup￿rbng the finaKial r￿ed5 of the charity guaranteeing that it remains financially viabte until thal incom is ￿firn￿d. y Bowd ofTrustees. Mrs E D Humby Trustee Dated. 211.os l.tO2S THE FEMALE LEAD INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE FEMALE LEAD I report lo the Trustees on my examination of the finar￿la1 Statern￿ of THE FEhiALE LE4D {the Ch8fTtable Incorporated Organisationl far the year ended 31 August 2024. Reswnsibilities and basis of rgport As the Trustees of the Charitsble Inc￿ you rvspm"tAe tr Ihe preparation of the financtal statements n accordance with the ￿L￿rements of the ChantiesArt 2011 (the 2011 Act). I report in respect of my examinat#)n ofts Chartt* OryaThsEtion'$ finanoal ststements carried out under section 145 of the 2011 Art In ¢a￿Y7ng out my examinakn I have f￿knwed all the applicable Directions given by the Chanty Commission urmjer se(aicffl 145(5){b) otthe 2011 Act. Indgpfrndont WAamlnerfs statement Your attention is drawn to the lact that tt* ¢tsity has prepwBd firw*>* stat8menls in &COrdan￿ Accounting and Reporting by chariti.es preparing thw"r ac¢ounl$ in aCc4jrdar￿ with the Financ￿1 Reporting Standard applicable in the UK and Repubh"c of Ireland IFRS 1021 in preferen￿ to the Accounting and Reporting by Charities". state￿rrt of RecommentsA Practice issued ￿ 1 W"12005 which is referred lo in the extant regulations bul has r#x been *lththa￿Tr. undeistsnd that this has been done in Cjrder fN financial statements to provide a true and fair view in accordan￿ wrth GeneraItyACcep￿ knxxmting Prac&.￿ effectibfe ts reForlirwJ periods beginning on or after 1 January 2015. I have c£¥npleted my examinatim. I confimi that no mattws have Come to my attention in conneLton wrth the examination giving me cause to ￿lieve thal in any mth.al resp& accounb.ng records *we rK>t kept in resFttt of the Charitth I￿￿rated Organisation as required by seth.on 130 of the 2011 ACL or the finanaal statemerrt5 do not a(xx)rd W￿1h ttKise reLords: or the financial statements do not comply wilh the applKat4e reffjrirements ())n￿MIng the fomi and content of accounts set out in the Charitses IAc£ounts and Rermlrtsl Regulat￿$ 2008 thr than any requirement that the accounts give a and fair *fftich is not a matter 85 P8rt of an iNlepen¢*nt examination. I have no CA)ncems and have L￿me ￿ no ots in CA￿neCtion *ryih the examination to which 8ttents.on should te drawn in this report in ¢yder to a Fryer undetstanding ofts finanaal statements to John Howard FCA Azets 2nd Fl¢Jor, Regis House 45 King Imlliam Street LONDON EC4R 9AN United Kingdom Dated.. .22.May.2Q25. .. THE FEMALE LEAD STATEMENT OF FINANCIAL ACTivrriES INCLUDING INCOME AND EXPENDITURE AccouKr FOR THE YEAR ENDED 31 AUGUST 2024 Unvgstrl¢ted Unrestricted funds funds 2024 2023 Inc nd ndowments from: Donations and legaaes Other income 52.327 58.781 49,857 193,232 Total Income 111,108 243,089 nditure Charitable activities 425,072 571,682 Ngt gxpendliure for the yearl Net movement In fvnds (313.9641 1328.5931 Fund balartss at 1 September 2023 (252,9021 75,691 Fund batsnce5 al 31 August 2024 {566,8661 1252,902) The ststement of fin8nc4al *ivibes indudes gairL4 ar¥J Ic6¥es recowL£ed m the year. All income end exPer¥jrtu￿ derive frrxn c4>)tiwirwJ •J1¥￿es. THE FEMALE LEAD BALANCE SHEET ASAT31AUGUST2024 2024 2023 Fix•d assets Investments Current assets Debtors Cash at bank and in hand 10,869 15.810 21.966 9.916 26.679 31.882 Credltorys: amounts falllng due Thlthln one year 10 (593,546) 1284.785} Net current liabilrties (566.86n 1252.903) Totsl assets current liabililles 1566.868} (252,902) Income funds Unrestricted fvnds- general {￿.866) (252,9021 1566.866) 1252,9021 Thefi 105124 bytheTn￿eeSl￿......................... Mrs E D Humby Twst THE FEMALE LEAD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 A¢¢ountlng pollcles Charty Infornm The Female Lead, fomally krKMn as The Edwina DUM aThJ Cli¥e H￿nbY Educ*ional Foundation, is a Charitable Inc