2023-10-31-accounts

DO(¥S￿n Envelope ID." D416D35F_917E41F3_91F3_487513ES868B Règlstèred number.. CE017533 Charity number.. 1183461 GOWER STREET (A company limited by guarantee) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023 Gsfd&co GTrffin Stono MoscTOP & Co JOO YEARS

Docu8Fw Env8lope ID.. D416035F417E41F>91F3487513E5668B GOWER STREEr (A company limited by guaran￿> COMTENTS Pago Rotorence and admln15tratl¥è d9tsils of the Company, its T￿¥t0•S and adv150rs Trustees, report Independent audltQTS' r9PQrt on th• flnanclal statements statoment of financlal aGtiviti95 10 Balanc• sheet 11 statement ol cash IIOT 12 Not8S to the flnanclal statomFnts 13-24 Grlffin Stnne M05aDp &Co

DoCU8￿n E￿e￿pe ID.- D41fjD35F.917E41F>91F>4B7513E5668B GOWER STREET IA compAny Ilmlted by guaranteè REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY. ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 OCTOBER 2023 Trustees Nicholas MarrAe Sophie Marple Flor8nc6 MAler Pead Boat￿ {re￿ned 30 March 20241 arriel Williams Company regi8t¥red numbgr CE017533 Gharlly rgglstered number 1183461 Reg15tsr8d 0ffl¢g 37 DcN4n5hire Hill London NW3 1NU Indèpèndènt audV(or5 GrTffin Stone Moscrcy & Co Chartered Accounlants 21-27 Lamb's Conduit Street don WC1N 3GS Bankers CAF Bank 25 Kings Hill Avenue Kings Hill West Mallv)g Kent ME194JQ Inveslrnent advisor Invest 30 Gresham Street London EC2V 7QP Investment adylsor Tnbe Impact Capit81 52 Jermyn Street London SW1Y 6LX Page 1 Griffin Stcffie Moscrop & Co

Docu8￿n Envekwe ID., D416035F-917E41F>91FW7513E5668B GOWER STREET (A company limited by guardntee) TRUSTEES, REPORT FOR THE YEAR ENDED 31 OCTOBER 2023 The Trustees pr•s8nt their annual report together w￿h the audited financkal statements of the CLwnpany for the yèar 1 Novernber 2022 to 31 Odober 2023. The Annual report serv&s the putposes of bDlh a Trustees. repL)rt and a directors, r8POrt under company law. The Trustees cDtffim that the Annual report and financial statements of the charitable ceffjpany comply with thg Curronl slalutory requirernents, the requiram8nls of the charl(abl8 company's goveming document and the prowsions of the Slalement of Recommended Practic8 ISORPI appluble lo charrties preparing their accounts in aco)rdance with the Financi81 Reporting Standard applicable in the UK and Republ￿ of Ireland IFRS102) {effe¢bve 1 January 20191. Since the Company qu8lif1•8 &8 Sm￿1 under section 382 of the Companies Act 2006, the Strategi¢ ￿pOrt uired of medium and large c4)Mpan￿8 under tho CompanEs A¢t 20C6 (Strategic Report and Directors. Report) Regulations 2013 h8s b88n omitied. 0bJeCtfv￿ and actfvttks Pollcles and objectlves The ¢haritys objècts are lo hold capital and incoma of the Charitab￿ assets and lo apply the income. and all or such parts of the eapit81, at such time and in such manner to. or for the ben8ff( of, such exclusivety charitable objects and purposes in any part of the workl as the In￿tte$ may in their discretlon See frt and there ha5 been ng ¢hange in these during the yw. The airn ol the charity is to make donatrons to chaTitable and oth¢r organisat￿nS, whlch promte cth8ritBble artiv￿¥s. The grant Tnaking actmlies of the chariiy contnbute to the achrèvement of the aims of the charity through its support of educats'on work in Ghana and combat ol thraats of cjtinata change. In setting objectNes and plannlng for ￿Nit￿9, lh8 Trustees have gNen due consldeTalion lo general guidancè published by Ihg Charty Comrnissh)n relating to public benef( including thg guidance 'Public benofrt.. running charity IPB2I'. Achiovements and perforniance . Maln achlevements of Ihe Company The priorit￿8 of the Trustees are to supp￿* Education wort in Ghana, intiialives lo combat the thrèats posed by Climate Change. The majorty of grants are madè in the latter category. Grants are made only to organisalions recommended to tho Trustees. and unsolKited aPPl￿tIOnS for fvrJd$ are not accepted. During th8 peric<l the tharily made grants and donations amountaig to £1,963,87912022- £1.479,636). A list of grant wpients is included in the ncrtes of the fina￿1￿ stat8rn81ts. Page 2 Grfffir) str￿e Moscrop & Co

DtsEusion Envelope ID.. 0416D35F-917E41F3-91F￿B7513E5 GOIIER STREET IA company Ihnited by guarantee TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2023 Achiovements and porformance Icontinuedl b. Fundralslng actfvitS8s and Income gentrratlon Gower Stroet has no extern￿ fvndraising and no professTonal fvndTawrs are used. The companls current policy con¢eming the payrnent tsf tt¥do creditors is lo follow the CBI'8 Prompt Payers Code (copies aro avarfable from the CBI Centre p￿n[ 103 New OxFord Street, London. WC1A 1 DUI. The eomp8ny's current policy concemlng the payment of trade cr&Ji(or8 is Io.. * sewe the terms of payynent with Sup￿le1$ agreeing thè tems of each Iransaclion", • ensurè that suppliars are made aware of the t¢nns of payThent by in¢tusioti of th• relevant terms Thi ￿ntr￿lS.. and ' pay in ￿COrdanC8 with the comp8nls contr8dual and other18gal obligations. Flnanclal revlew . Golng conc•m After making aF)pfopTiate enquifjgs, the Tnjstees have a re8$0nabl8 8xpectatw)n thatth8 Company has adequ*e resources to continue in operatTDnal existence for the foreseeable fulura. For this reason, Ihey continu& lo adopt thg going concern basis in preparing the financAI statemenls. b. Flnanclal perforniance Total income re50UTC¢S during the perioj were £807,31612022." £1.776,1541. The net assets of the tharity as at 31 October 2023 a￿￿Untell to £4.186,59812022.. £5,637,241). l of the funds Invest￿ are available for grant-making and 6ssenlial overheads. Th9 Trustees aim is to disburs8 all funds by the year 2030 and wrKI up the Charty when the assets are 8xhausted, and thu8 have not adopted a onvenlional Resorvas Pdicy. Investment advisers have been used to inwlerrwit the investment polw of the chartty. The trustees are satisfied with the inVe￿ment performanee of thè charfy portfor￿ with investment inttjme 01 £35.97812022.. £28,238). The trusloes have assessed the rllaior risks to which the thwity is expt>sed, and are satisfied that systems are in place lo mitigate exposure to the major risks. The winup31 risks felale lo Ihe unlisted investments ol the tharity and thè éxèrcise of due dilige￿e gver grant reci)hents. The trustees hove put in plaTr rigr)rous du8 diligence procedures on in(tkg1 granting of fvnds and a180 procedur89 for subsequent monrtoring. The trustees monitor the perftsrman¢& of investments c105ety and take mi￿ting a¢lion vther8 appropriate. Page 3 &lffln Stonè Moscrop & Co

Docu3￿jn Envelope ID.. D416035F417E41F>91FW7513E5E88B GO¥VER STREET IA company limlted by guarnnts•) TRUSTEES. REPORT (CONTINUEDI FOR THE YEAR ENDED 31 OCTOBER 2023 structurè. governancè and manag8mont ConstltutlDn Gower Street 13 registered as a charitable cwany limiied byguarantee and was set up by a Trust deed. The charty 18 small f8mily foundion which was incorporated on 16th May 2019 and is registered with the Charty Commission with registratron number 1183461. The charty was forrned by incworating18s a CIO) an gxisllng unlncorparAt8d eharity of the sarrie name, which was sel up byTru5t Deed dated 24th September 2007. On 5th August 2020 the a&8els of the charilable Itust. G¢￿er Street were transferred lo the CIO. b. Organisatlonal $tru¢turè and docislon4naklng pollcFes Tha d)arily has no employee8 and all d6Kisions ar¢ taken by trustees. The truste95 have al80 appointed WestminF8terWe3tth as inilepondent afvisors who assist the trustees In their d￿slOn maki￿j processes. New trustees a appointJ by the e￿stIng trustees and folkmf an indu¢tTh programme and training based on charty commission guidance. None of the trustee5 has any beneficial interèst in th8 company. A￿ of the trustees are members of the company and guarantee to contribute £1 in the evenl of a winding up. Plans for f￿Ure periods The Iru81ges intènd lo continue the charws aLNities in resp￿1 rf r(s Cuuenl grant making aims. Statemant of Trust8e5' responslbllitl•s The Trustees Iwho arè also th6 direcaors of the Company for the purp09es of Company law) are responsible for preparing the Trustees. report and th9 financral statements in accordance wrth appli¢ab￿ law and Unitad Kingdom Accounting Standards Iunited ￿ngdoM Generalty Accoptsd Accounting Praclicel. Company law requires the Trustees to prepare fin8n￿al statements lor e￿ financial year. Under company18w, the Twslees must not ¥JprDV& the financrdl statements Un￿SS they are Satisfied that they give a true and fair ew of the stale of affairs of the Company and of its in¢omin9 fEsources and apF4Kion of ie50ur(s, induding its income and expenditure, forthal pwiod. In pteparing these financral Stalemenls. the Trustees are required to.. select suitable ￿oUntIng pc4rcies and then appty th￿￿ ￿nsIStenty': observe the mlh(KJs and principles of the Charrties SORP IFRS 1021,. make judgments and accounting estffnates that are reasonab￿ and prudent., state wheth8r applKable UK Accounting Standards IFRS 1021 have teen fc41owed. subjg¢t to any material d8partur&s disclosed and e￿lained in the finan¢t￿ ststements,. prepare Ihg financial statements on the going concem basis untes8 it ￿ inappropriat8 to presume that the Company will continue in busingss. The Trustee5 8rÈ rÈspansibl8 lor keeping &Jequate accounting r￿OrdS that are SLrffKient ID show and explain the Company's transaclton5 and discbsg wrth reasonablo al any time the fmancial poslLion of the Company and enable them to 8nsure that the fmancial statements comply with thè Ccxwanies Act 2006. They re also re$ponsible for safeguarding thÈ assets of th8 Crxwany and hen￿ for taking reasonable steps for the prevention and iJeteclK)n of fraud 8nd other irregulari￿. Page 4 Griffin Stone Moscr(p & Co

Docwlgn ID: D416D35F-917E41F&91FHB7513E5668B GOWER STREEr (A company limiled by guarnntu8 TRUSTEES, REPORT ICONnNUEDI FOR THE YEAR ENDED 31 OCTOBER 2023 Disclosurg of inforniatkni to auditors Each of the pefsons who are Trustaes at the tirrE vthen this Trustee$, rewi 15 qjproved ha8 confimied that.. $0 far as that Trustee is aware, the￿ is no relevant aud(( infomation of which charity's auditors are unaware, and that Tru51ee has tak8n all the steps that ought to have teen taken as a Trust68 in order lo be aware of any relevant audit infomiation and to estsblBh that tha ¢haritys auditors are ￿#re of that information. AuditOfS The audrfcors, Griffin Stone Mos¢rop & Co, have Ind￿ated their will1￿nesS to continue in office. Tho designated Trusloes wll propose a molton reappo£ntwig the auditor5 * a meeting of the Trustees. Apprvved by ord8r ofthe membws of tho board of TDJstees on 27August 2024 and signed on th¢ir behalf by.. Nkholay Marpl• Trustaa Page 5 Grfffin Stone M05crop & Co

En¥8lrp8 ID.. D416t)35F.g17E41F>91F&4￿K5l3￿6￿85 GOWER STrEET (A company limiied by gu•ranta•l INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF GOWER STrEET Oplnlon We have audited the financF81 statgrr.¢nts of Gower Street lthe 'charitable c¢mpanVI for the yèar anded 31 October 2023 wh￿h comprise the Statement of financi￿ activities. the Ballince sheet, the Statement of c8sh ow6 and the related notes, irtduding a SUTfbrnary of 5unifjcAnl accounting Pol￿teS. The financk?I reporting framework that has been applted in theff preparat)n is applK2ble law and United Kingdom Actounling Standards, induding Financial Rwjrting Standard 102 'The Financial Reporting Slandard applicablè in th8 UK and Republ￿ of Ireland. (United lQngdom Generally Accepted Accounting Practice). In our cpinion the ￿ancIal 8tstem8nts'. give a true #nd fair of stale of the charilable compan¥s affairs as al 31 October 2023 and of its incoming resour¢es and applicabon of resources, includiTrJ it5 income and expenditure for the year then end￿", have PToperfy prepared in ￿)rdance wth Unm lQrvJdom Genoralty Accepted A¢counting PracÈice', and have been ptppared in accordance with th8 requirements of tho Companre8 Act 20LX. Basls for oplnlon We conduded our audrt in accordance wlh Irttemtonal Standard3 on Auditing (UK) {ISAs IUK}l and appl￿ble law. Our responsibilib'es under Ihtsse standards are hjrther descrrf)ed in the Auditors, respDnsbilities lor the audit of tho financial statemgtrts seclion of our repo￿ W8 are independent of the charitabla company in accordancg wrth the ethical requirements that are relevant to our audrt of the financial st8t8m8nls in the United Kingdom, Induding the Financial Reporting Council's Standard, and we have fulfilled OUT other ethKal responsibilities in accordance with these requirements. We bolEve that the audit evidence we have obtsined is $ufficEnl and appropriate lo provhje a basis for our Op￿10n. ConcluBlons relating to golng conrom In auditing the finarKial ststemenls. we have condLthd that the Trustees, use of the g￿n9 ooncem bas18 of accounting in thè preparation of the financial statements is appropriate. Based t￿ the work have performed: have not pJentif*d any material UncErtain￿$ rg18ting to events or condf(i￿5 Ih8t, indlvx1u￿ty or collectN¢ty. may cast synfficant doubt on the tharff(able compansls abilty to continue as a gonig concem for a Feriod of at least ￿e1ve months from when the financial slalemenls are aulhorised lor i$$ue. Our respon$ibiliEies and the rtSFX)n$ibilit￿S of the Trustees wilh res￿ lo g￿ng con￿rn art described in the relevant seclKin$ ol this report. Page 6 &iffin Stone Moscrq)&Co

DOcU￿9n Envelope ID.. D416D35F-917E41F&91F￿￿Fs13E5 GOWER STREET IA ¢¢mpany limited by guarant••l INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF GOWER STREET (CONTINUED} other infomAtlon The other infomialion cwpris¢s the infornlKbn induded in the Annual report other than the financial statements and our Auditors. report Ihereon. The Trustees are resptsnsiblè for the other informiDn contain￿1 wilhin tho Annual reporL Our opinK)n on the financial stalaments do8s not coveT the othor infomiatk)n and. axc8pI lo the extent othe￿iS8 8xpl￿(clY stal&Y in our report, we do not exprèss anyfom ol assurance cotKlusion Ihereon. Our rosponsibilty is to re8d th8 other information and. tii doing so, consider whether the other infc>rrnalion materially Inconsistent wlh the financi81 statements or our know18dga obtained in the course of the audit, Dr ¢)th8rwise appears to be mal•rkally misstated. 11 we klentrty such malert81 inconsistencies or apparent material misstalemonl$. we are required to dd8miti)e whether this gNes rise lo a material mis$lalemenl in the fin8neial statements themselves. If. based on the work we have performed. we conclude that there 1$ a material ml8sts1omont ofthis other inf0m￿tion, w8 ar8 requirwj to teport that fact. We have nothlng to report in this regard. Oplnlon on other matters pre￿rIbed by lh• Companie¥ A¢t 2008 In our opinion. based on the work underlaken in Ihe course of the audit.. the infom)alton gNen in the TTU$tees' report lor the financAal year for whlch the financial sl8tements are prepared is consistent wth the financial statements. the Tru$tee$' report has been prepared In a￿ordan￿ whh appluble legal requ1￿Ments. Matters on whlch wa are reqUIr￿ to roport by excepllon In the light of our kn(th98 and understanding of the charilable company and its environm￿1 obtained in the course ol the audit, we have not identifwl material mkss¢8tements in the Trustees, ￿pr}rt. We have nothing lo report in rgspgd of the followTh￿ matt8rs in rela1￿￿ to ¥th￿h Corryanvas A¢t 2006 require5 us lo report to you if, in opinKJn'. adequate accounting re¢or(l$ have not been kep( or retums wjequale for our aLKlil haw not been reEgNed frcm branches n¢A VFSrtgd by us: or the finanrAal slalemen15 are not in 8gwmentwith the accounting r8cords and relum$.' or rtain disclosures of Trustees. remuneratw Specffi￿ by law are not made,. or W8 have not reGgNed all the infonMth"Dn arKI explanK)ns we require for our audit,. or the Truslees were not enliued lo prepare the ffinarKi￿ st*gmenls in accordgnc8 with the small COmpan￿S regime and lake advantage of the small cCrfnpan￿. ox8mplJons Tr) preparing th8 Trust8e6' fPPDrt and from the requirgmeni to prepare a Strategic report. Page7 Griffin Stone Mo5crop & Co

DO￿S(W Envelope ID.. D4l0D￿F-sl￿1F3-9lF￿B7s13Es668B GOWER STREET (A company Ilm1￿1 by guarnnts•l INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF GOWER STREET {CONTINUEDI R•spon8lbllitieB of trustw As explained mor6 fulty in the Trustge$' responsibilf(s ststamènt, the TTuslees l%tho are also thè directors of the charitable company for the purposes of ￿MpanY knvl are rèsponsible for the preparation of the financia5 stal8rnents and for being $atll£f￿d that they give a true and fair wew. and foT such intemal control as the Trustees determine is necessary lo enabl& the weparation tsf financi￿ statements that are Iree from materi misslatpm$nt, whether due to fraud or error. In preparing the financial ￿￿tam￿nts. the Twstfj￿ are responsible for assessing the charltable cc(npanls ability lo Contin￿ as a going concem, disclosing, as app(￿le. matters related to goirKJ concem and using the going con￿r￿ basis of accounting unles8 the Trustees ￿ther intend to Imiuidate the charrtable company or to ￿8s& operalions, or have no realisti¢ attemative but to dD XI. Audltors. responslbllltles for the audtt of the financ￿1 statements Our ijbpclives are lo obtain reasonable assurance 8trout whether the fina￿1￿1 statemen15 88 a whole are free from malerral misslatwnenL whelheT du& l) fraud or emr, and to issue an Audiltsrs, report that includes our opinKn. Reasonable assuran¢& is a hHJh of assurance. but is not a guarantee that an audit conducted in accordance wrth ISAS (UK) will a￿y5 dot¢ct a material misst8ment when it exysts. Misstatements can arise from fraud or error and are ¢￿Sjered material if, indwidualty or in th8 aggregate, they could reasonably be expected to infiu¢nce the econom￿ dac1s￿S of users taken on the basis ol those financia5 statements. Irregularrtles. including fraud. we instances of non-cornpliance with laws and regulation5. We design pro¢edure8 in line with our wponsibililies, ouuinéd above. to delect material misst8teTnents in respect of irregularities, including fraud. The extent to whth our prctedures are cwabL of d&t8Cting irregularici¢$. induding fraud is detailed bel(pN". - Carrying out subslanlwe ¢hecking lo supporting documents on a 5￿p1a basis of indrwdual transact￿11¥ Wlthin i￿￿Me and exp6ndilure lo gNe COMf￿t that on a basis the SOFA th)es not contsin any irregular items., carying out walk4hiough lesling to verfy that the chaiitys accounting 5ySt8ms and contro15 are being implemented as designed-, and - Vorifying that material b81art￿ wfthin Ihe Balancè Sheet are Supp￿ by third party avhlence to confirm thg existence and valuation of these b81ances at the babn¢e sh88t date. A further description of our respowbflit￿s for tha audit of the financol $latements I￿ated on the Financial Reporting Counal's website at.. YNM.frc .ukJaudit nsibilit￿. This description forw part of our Auditors, report. Page 8 fyrffin Stone ￿c[Dp & Co

Docu5￿￿ EnVe1c￿ ID.. D416D35F-917E41F&91FW7513E58688 GOWER STREET A company limit￿ by guarantsèl INDEPENDEKf AUDfTORS' REPORT TO THE MEMBERS OF GOWER STREET ICONTINUEDI Us8 of our report This repo)rt is made solety to th• charttable cornpanys meTnbets. as a body, in accordance wrth Chaptsr 3 of Part 16 of the Companles Act 200S. Oui audlL work has been undertaken that we might stat6 to the chariiable compan¢s members those matters we are r9quired lo stale to them in an Auditors, report and for no other purpose. To the fiJllest extent pemittad by Law. we do not accept or assumo responsbility lo anyone other than the ch8riiBbl8 company and its memberg, 88 8 W. for our audit wo￿. for thi8 reporL or for the opinions we havo formed. Grlffln Stono Nos¢rop & ¢0 Chariered Accountants statutory AudiloT 21-27 Lamb'5 Conduit Street Lond WC1N 3GS Dal?.. Page 9 Griffin Stone Mc)scrop & Co

DD¢uslgn Envelope ID.. D416D35F-917E41F&91F34B7513E5668B IA company Ilmtted by gyardntee) STATEMENT OF FINANCIAL ACTIVITIE5 IINCORPORAMNG INCOME AND EXPENDrruRE AccouTrm FOR THE YEAR ENDED 31 OCTOBER 2023 Rosldcted Unrestrictgd funds funds 2023 2023 Tot41 fvnds 2023 Tolal funds 2022 Note Income from". Donations and legacies Invgslm¢nts 70,250 701,(I88 35,978 771,338 35.978 1,74T.916 28,238 Total Incomg 70.250 737.066 807,316 1.T7S.754 Exp&nditure on.. Charitabla adivilies 70.250 1966.829 2.037.079 1,544.521 Total •xpondfturo 70,2SO 1,966,829 2.037,079 1,544.521 Ngt1gxpond5tureyin¢omo bofor• net 10sse5 on invgstments Nel losses on invèslmenls (1.229,7631 11,229,763} 1220,8801 1220,880) 231,633 {595,55n N¢t movement In funds {1.460,643I 11.460,6431 {363,924J Re¢onclllatlon of funds; Total fund$ brought forward Nat movement in funds 5.637.241 5,637.241 (1,450,643> (1,450,643} 6,001, 165 1363,924) Total fund$ ¢arrled forward 4.186,598 4,186,598 5,637.247 The Statement of financial 8CtMties includes an gains and bsses ra>)gni8ed in the year. Tha notès on page5 13 to 24 fomi part of these financial staterrEnts. Page 10 Griffin Stone M(scrop & Co

Doeuslgn Envelope ID: D4l6D35F417E41F>91F￿B7513Es86BB GOWER STRE IA company limh•d by guarantee) REGISTERED NUMBER: CE017533 BALANCE SHE AS AT 31 OCTOBER 2023 2023 2022 Note Flxed assgts Intangible assots Investments 852 4569,618 10 3.846.841 3.846.841 5.570,470 Current &$gÈts Cash al bank and in hand 346,757 78,771 348.7S7 74771 Crediiors". amounts f￿ling due within on8 year 11 19,iNJO) (12,CQO) Net curr¢nt assets 339.7S7 66, 771 Total assets less currènt Ilabllltles 4186.$98 5,637,241 Total net ￿ets 4.186.598 5,637,241 Charlty funds Restricted lund8 Unrestfited funds 13 13 4.186.598 5,637.241 Totsl funds 4,186.698 5.637,241 The Truylee8 ￿kn[￿ledge their regwnsbibt￿s for conwtying with the requirÈm&nts rif the Act with respect lo 8ccounling records and prep8rion of financral statements. The financral statements have Prepared in a￿rdance with the provisKJns applicablo to ontiiies svbjeGt the small companies TegirrE. The finan¢o1 stst¢m¢nts were approved and 8utFLOriS8d for issue by the Trust￿ on 27 August 2024 and signed on théir behalf by.. Nlcholas Marpie Tru51eè The notes on pages 13 to 24 fomi part of these finan¢ial $tstements. Page11 ffin Stone ￿[￿p & Co

Docu8lgn Envebpe ID.. 0416D36F-917E41F&91F>487513E5668B GOWER STrEET (A company Ilmlted by guarantso) STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 OCTOBER 2023 2023 2022 Cash flows from op•ratlny aetFvltlos Nel cash u8ed in oper8ting 8etivthgs {1,167,180) (201.568J Cash flows from investing acttvltles Dividends, interests and renlB from investments Proceeds from $ak of investrr￿lS Purchase of invèstménts 35,978 28,238 1,814,829 873,336 1413,6401 (764.384) Ngt ¢ash provldgd by Investlng actlvltles 1,437,167 137,190 Cash flow5 from financing acttvltlos Net Cash provklgd by flnanclng activltle5 Ch8nge In Cash and eash oqulvalents In the year CB3h and cash equivthnts at the beginning of the year 269.987 164,3781 143, 148 78,770 Cash and cash equlvalents at the end of thg y•ar 348.757 78, T70 The notes on pages 13 10 24 lomi part of these financial statements Page12 Grfffin St(¥)e Moscrop & Co

Dottusl9n Envebpe ID.. tM16D35F-917E41F3-91FHB7513E5668B GOWER STREET {A ¢ompany limlted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023 Gonèrgl knformatk>n Go￿1 Street is a CIO and is Tegi5tered with the Charity Commis$K)n Ichorty Regi5teTed Number 11834611 and Ihe Registrar of Crxnpaniès (Company Registration Number CE017533} in England and Wales. The regiSt￿ed offKe is 3 Dovmshire Hill. LorKlon, NW3 1 NU. Accountlng poll¢les Z1 Basls of prgparatlon of financial ststemonts The financial slaternents have been prepared in accordance with the char￿￿5 SORP IFRS 1021- Accounting and Roporting by CharilEs.' Statement of Rec(%ntnended pract￿ applicable lo charities preparing their accounts in ￿)rdan￿ with the Financial Reporbng Standard applicabla in the UK 8nd Republic of Ireland IFRS 1021 leffectNe 1 January 20191, the Financial Reporting SlandaTd appI￿)le in tho UK and Republ￿ of Ireland {FRS 1021 aThJ the Ccffipanles Act 20￿. Gower Street meets the definiiFon of a public benefft entty under FRS 102. Assets and liabilitKg8 ar8 inilialty recognised at historKal c081 tr8nsact¥)n vdue unless otherwise staled in the relevant accounting polity. 22 In￿me All inctxne is recognised once the Company has entit￿nent to tho incon￿, it is probable that the income will be re¢èN8d and the amount of Incorr￿ recewable can be measurgcl relIab￿. Income tax recoverable in ￿lat￿)n to investment incom8 15 recogniyed at the timo th¢ invthgnt in¢cYne is receivable. 2.3 Expgndliu E4)endr(ure is recognised once there is a kgal ￿ constnjctive obligation lo transfereconomic benefrt lo a thiril p8ty, it 1$ probable that a transfer of economi benefits will be required in settlemanl and the 3muJnt of the obligation can be rrea5ured reliabty. Expenditure 15 classified by a¢tNity. The ¢08ts of each afAivriy Bre made up of the total of dwect C(￿15 and shared costs, including support costs inVo￿ed in undertaking each adNity. Direct (x)st$ 8ttributablo to a sThigle adivty are allocat￿1 dIr￿llY lo that activty. Shared costs which contribute tD more than one actNty and support costs which are nc4 attrknutab￿ lo a single a¢tNrty are 8pporlJon8d between those 8Ctwrties on a basis consislenl with the use of rgsour¢es. Central staff costs are allocated on the basis of lime spent, and depreciation charges allocated on thè FOrtK>n of the asseys use. Expenditure on charitable actN￿.85 is incurred on directty undertaking the a¢tNrfc*s wh￿h furthar th8 Cornpanvs objthe$, as wev as any associated support costs. Grant8 payable are charged in the year when the offer is made except in those cases where thg offer is conditionaj, such grants berng recognised as expenditure when the conditions atta¢hing are fuifilleLI. Grants tfvrad subj'ect to conditions whth have not been n￿t * the year end ar& nDled 0$ a ¢ommrtment, bul not accfued as experKIi(uFe. AN expendf(ure is incbJsNe of irr￿verable VAT. Page 13 GrfffSn Stone Moscrop & Co

tkncuolgn EnvÈltspÈ ID: D416D35F-917E41FMIF34B7613E5e68B GOWER STREET {A company 11m1t￿ by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER2023 Accountiny pollcles lcontlnued) 2.4 Interest receivable Interest on funds hekl on deposit is irKluded when receivab$8 and the amount can be measurod rebably ty the Company,. thi8 is nomalty upon nolffication of the interest pabj Dr payable by the institution wlh vthorn the funds are deposited. 2.5 Intangible a559ts and amrti8aUon Intangible assets coskn.ng £NIL or more are capitalssed and recogni%@d Mthen ￿lUTe economic bgnefi 8ra probable, and the cost or va￿e ofthg asset can be measur&J relHbty. Intangible asset8 are initialty rwnised at cost. After remnition. und8r the cost model, intangiblts assets are m&&sur8d at CA)St kgss any ￿CumuLat￿ amortisalion and any aLumulaled impainnonl losses. Amorti5ation Is provKJed on intangbl& assets at rates calcuLgted to wiiie off the cost of each as88t on a straigh14ine basis over rfs expected tKefvl Irf&. Amorttsation is prowded on the followitvJ basis: Computer software 33 % straight line bas 16 Invastmonts Frxed asset inve51menls a￿ a fomi of financial instr￿ment and are inibaty rec¢yJnised at their transaction cost and subsequently measured al fair value at the Balance she8t dato, unless the value cannot be measured reliabty in whtch case il 15 measured * cost less impaimienl. Inve5trllenl gains and losses, whether realiseLI or unrealSsed. are combined and prwntad as 'GainsllLossesl on invesknenls, in the Ststwnont of fmancval actNities. 2.7 Cash at bank and In hand Cash at bank and in hand indtvjes cash and 5￿Jrt4erM h¥Jhly liqu￿ inveslments with a Short maturity of three nx)nlhs or less from the datè of wuisibon or O￿nir￿j of the dep¢)s+t or snMil8r acLouTht. 2.8 Llabllitlgs and provlslons Liabilit￿S are recognised when there an thI￿JatiOn at the Balance sheet date as a result of a past event, il 15 probBbl8 that a tr4nsf¢r of ecorbcrfnic benefrt will ￿ requir8d in settlernenl. and the amount of the s8tt18m8nl can be estiral&Y relthty. abilit￿$ ara rwnised at the arr￿Unt that the knpany anticipate8 il wll pay to settle the debt OT the amount it has receNed as advanced payments for the goods or service5 ft musl pwde. Provisions are measuyed 81 th8 best estimate of thg amounts ￿qUired to settle the obligation. Whare the effe¢t of the lime value of money is matèrial, the prowsTon is based on the present value of thosè amounts, discounted * the pre4ax discount rate that refiects the risks specifK to the liabitsty. Th8 unwfv)ding ofthe discount is recogni*J in the StaI￿ant of financial athit￿s as a finance cost. Page 14 Griffln Stone Moscrop & Co

tk)CLtslgn Envelop8 ID." D416D35F-917E41F&91F34B7513E5668B GOI￿R STRE (A company limiied by guarantse) NOTES TO THE FINANCL4L STATEMENTS FOR THE YEAR ENDED31 OCTOBER 2023 A¢¢ountlng pollcies (continued) 2.9 Finan¢lal Instruments The Company onty has financial ass8ls and fmancr81 IKgbilitigs of a kind that qualify as basi¢ financial instruments. Basic financial insthJm8nLS are init.?1￿ recognised at trdnsaction value and subsequent measured at their settlement value wrfh the exception of bank loans 7rthith are 8ub$8qu&nt measured at amortised cost using the effedive interest method. 2.10 Fund accountlng General funds are UnreStr￿ted funds which are available for usè al thè discretion of the Trustees in fLJrth&rance of Ihe general objectives of the Company and which have not been designated for other purptrses. Re8trieted furtds are funds which are to be used in accortlarice with specific restriction5 imposed by donors or which have been rai8ed by the Compony for Part￿Ular purposes. Thè costs of raising and administering such lunds are charged against the speclfiG fund. The aim and use of each réstricted fund is set C￿rt in the n￿e$ lo the finan¢ral ststements. Investment Income, gains and lossas are alkxated to the appropr￿te fund. Incomo from donatlons and lega¢les Restrlcted Unr•strlctgd funds funds 2023 2023 Total funds 2023 Totel funcls 2022 D(rtions 70.250 701.088 771,338 1.747,91S Total 2023 70,250 7D1,088 771.338 1, 747,916 Tol812022 62,&)1 1,684415 1, T47,916 Page 15 GT￿fin stone Moscrop &Co

Do¢u8bn Env8lop8 ID.. r)41fjD35F.917E41F&91F34B7513E￿ GOWER STREEr (A company limited by guarantee) NOTES TO THE FINANCIAL sTATEME￿s FOR THE YEAR ENDED 31 OCTOBER 2023 Invgthent Income Total funds 2023 Total funds 2022 funds 2023 Income from Ilstod Investments Inve6bnaTht intera81 rec8fvab 31,131 4,847 31,131 4847 26.852 1,386 Total 2023 35,978 35,978 28,238 Total 2022 28,238 28,238 Anatysls of yrants Grants to InstliuU0Tr5 2023 Totsl funts 2023 Tot81 fvnds 2022 Grants pardb 1.￿,879 1,963.879 1,479,635 Totsl 2023 1,963.879 1,963,879 1,479,636 Total 2022 1,479.636 1,479,636 The Company has made the following matenal g￿nts lo institutKbns durirg year Paue 16 Grfffln Stone Moscrop & Co

Docllslgn Envetope ID.. 0416D35F-917E41F&91F>4U1513E5WB Go￿ER STRE IA conyny limlted by guardntoel ". NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023 Analysls of grants {contlnued) 2023 2022 Nam• of Instltuuon Uplift AfriK￿S Global Ju5tie Now Green Auiance Twst 200,OtX) 112,288 45.0 38.463 89.859 14,884 91,800 89,070 40,000 35,000 32,601 30,000 30,853 28,275 27,500 25,000 25,000 25,000 25,000 25.000 25,OQO 22.000 BCAN Ghana PEAS CAMFED Heard (On Road Medial Clean Air Task Force IPPR RAINS Coal ACt￿n Nefvmrk Eduspots Ti)ping PDint CINn*e Spring Rubber Republ￿% Lab GreenFaith WACAM ORGIIS People & Planet 32.5CtI 9,524 25,000 25.000 25.OOQ 681.722 512,775 Oiher 9￿￿16 lo institution8 1.282.151 966,881 1.963,879 1,419,636 Page 17 Grfffln Stone Moscrop & Co

Ddtusign Env￿tyÈ ID.. D416D35F-917E41F>9IF￿B7813E56S8B GOWER STRE IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023 Anatysis of 0x￿ndItUre by activltles Grant fundlng of acttvtties 2023 Support Total fund$ 2023 Total funds 2Q22 2023 Charilabb aGtivilies 1,963,879 73,200 2,037,079 1,544,521 Totsl 2023 1.￿,879 73.200 2,037,079 1,544.521 Tot812022 1.479.636 64,885 1,544,521 Anatysis of support costs Total fund$ 2023 Total luncls 2022 Deprgciion L8gal & profèssK)nal fee5 Charity expenses Consijttancy costs Bank tharges 852 21.385 2.619 48,384 60 852 9,940 7,327 46,879 87 73,200 64,885 Audltors, remun¢ratlon 2023 2022 Fess payable lo the Companys auditorfor the aud(( of the CcrfnpanI8 annual accounts Trustsas. ramun•ration and expense5 Duriro year, no Trustees ￿e1ved any remun&i¢n OT other benefits {2022- £NIL). Pag¢18 &lfPin Stone Mos(xop & Co

Do(xtsrgn Envélopè ID.. D416D35F-917E41F&91FW7513E56 GOWER STREET (A company linuted by g￿T•￿teÈ) NOTES TO THE FINANCIAL sTATEmE￿s FOR THE YEAR ENDED 31 OCTOBER 2023 Trustees. remuneration and •xp•nsos (¢onilnuedl During the y88r snded 31 Octobw 2023. expenses lotdling £E80 were reKnbursed or paid directly ID 2 Trustees (2022- £NILJ Intangiblo a$sèts Compuler softwar¢ C¢)st Al 1 November 2022 2.556 Al 31 October 2023 2,556 AMort￿atIOn Al 1 Nov¢mber 2022 Charge for tho year 1,704 852 At 31 ¢)dober 2023 2.566 Not book value At 31 October 2023 At31 October2Q22 852 P8ge 19 Griffln Stone Mosuop& Co

Docu&￿n EnY6k)pe ID,. D416035F.917E41F&91F34B7513E5668B GOWER STREET (A company limited by guarantee) NOTES TO ThE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023 10. Flxed a$$ot Investmonts Ll$ted Unllstod Investments Investments Total Cost or valuatlon Al 1 Novernber2022 Additions Disposals RevaluatK)ns 3.796.828 413,640 (1,464,828> 1251,2421 1,T12,790 5,569,618 413,640 {350.000) 11.8148281 170.3471 1321,5891 At 31 October 2(Y23 2.494,398 1,351443 3,846,841 Net book value At 31 October 2023 2,494,398 1.352 3,846,841 At 31 Oclob8t2022 3, 796,828 1,772,790 5,569,618 11. Creditor¥: Amounts falllng due wlthin one ygar 2023 2022 Accruals and deferred nico 9,000 12,OOQ 12. Financ1￿ Instruments 2023 2922 Flnanclal assets Fit￿n￿al assets measured al f8W V8hJe thrrwgh incL￿ne and expendibjre 1.701,2(MJ 1,851,561 Financial assets measuTed al fair valug th￿Ugh incoTh ond expenditure comprisg cash 81 bank and unlisted investments. Pwe 20 Grfffln Stcne Moscrop&Co

Doc￿l9n En¥èlLye ID.. D416035F_917E41F&91F34B7513E5668B GOWER STREET (A company IlmltÈd by guxrnntsel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023 13. Statement of funds 8taternent of funds. current year Balance at 1 No¥&M￿l 2022 Balance at Gainsl 31 Octobgr {Losses} 2023 Income Expenditurn Unrgstrkted funds General Funds 5,637.241 737.066 11,966.8291 1220,8801 4,186,598 Restrict￿1 funds Restrict& Funds 70.250 170.2501 Total of funds 5,637,241 807.316 (2,037.079} 1220,8801 4186,598 Restricted fund balances indude fvnds weTved on behalf of other charitable organisatton5 to be Iran8ferr&l direct￿ t(ward$ varKJus proie¢t$. with Gower str￿ athng as lh¢ conduit. Page 21 Grfffin Stone MosCr￿& Co

Docus*n Env&knp6 ID.. D416D3&917E41F3-91F&4B7613E5688B GOWER STREET IA company limitgd by guarnntsel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023 3. Statement of fund$ l¢¢ntinuedl Statsmont of fund$- pTlor year 8818nc& 81 l Novambei 8&18nc8 at Gain￿ 31 Oclober (Lows) 2022 Income Expenditure Unrostrkted lundg Goner81 Funds 6,001, 165 1,713,653 (1,482,020) (595,557) 5,637,241 Restrfcted fvnd$ Resti7Cted Funds 62.￿1 f62,501) Total Of funds 6.(￿1.165 1, 776, 154 (1,544,521) (595.55TJ 5,637,241 14. Anatysts of net assets beiweèn funds Anatysls of ngt assets between funds- current yèar Unrestricted funds 2023 Total fund$ 2023 Fixod asset invgstsngnts Currtrnl assets Credlors due wlhin year 3.84e,841 348,757 {s,0001 3,846,841 348.757 (9.0ty)1 Totsl 4,186,598 4.186,598 P¥Je 22 &iffin Stone Moscrop & Co

DoGusign Envelope ID.. D416D35F_917E41F&U1F￿875l3￿s668B GOWER STREEr (A tOm￿nY limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023 11& Analys18 of net assets between funds Icontlnuedl Analysis of net assots betWo•n funds. PTlor y Unreslilcted funds 2022 Tolal fvnds 2022 IntangR)le f￿ed ass8ls Fixed asset investments Current 8S8els Creditors due wlhin one 852 5.569,618 78, 777 (12,000) 852 5,569,618 78,771 (12.OQOJ Total &637,241 &637,241 15. Reconclliation Of net rnovement In funds to net cash Ilowfrom operatlng actlvltles 2023 2022 Net èxpenditure for the year las w Stalemerrt of Financial Athitièsl 11.450,6431 (363,924) Adjustments for: Amortisalion charges Gains on invastments Dividend3, intsrests and rent3 frun investTnents Donat￿1 inve8tments 852 287,S82 135,9781 852 694,538 (28,238) (410,615) 198,981) IProff(IILoss on sak of investments Increas8lldacr8asal in creditors 34,007 13,OlXII N&t cash used In op•raiing activilias 11,167.1801 (201,568) 16. Anatysis of cash and cash oquivalgnts 2023 2022 Cash in hand 348,7SI 78.770 Totsl cash and cash •qulval•nts 348,757 78.770 Pag&23 Grfffin Stone Moscrcp & Co

L)ocusW Envelope ID: D416D35F-917E41F&J1FHB7513E56 GOWER STREET (A company Ilmlted by guarnntstrl ' . NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023 17. Analysis of changes In nèt d&i At31 Octobar 2023 November 2022 Cash flow8 Cash at bank and in hand 78.771 269.986 348,757 78,771 269.988 348,757 18, RglateLI party transactions During the year, N J Marp]e, a trustee of the charfty, donated cash of £300,00012022 - £1,195,00018nd listed inv8slmenls with a valuation of {2022 - £410.615110 th¢ Charity. S Marple, a Iruylee ol the charrfLy, also dttn8t￿ cash of £300.0￿ (2022- £nil} to the ¢haTty. Olhar transaelion during the year. Charrtabl& grants of £11.335 12022 - 125,0001 were made by the chartly lo Students Organr6ing for Sustainabitity UK. H William$, a Irustsg of Gtrwer Street, is a tnjslee of Sludènls Organising for Sustainability UK. H Willrams was nol invclved in discussions or decisitins relaling to this grant. There are no outstanding baknces as al 31 Ocober 2023 in rèspect of this tr8n8act1c￿. Charitable grants of £nil12022- £6,190) were made by the Charity lo Mothers Climate ActKin Nthotl(. S Marple, a trustee of Gowèr Strèrf is a dire¢tOT of Mothers Clinale Action Networfr. S Marple was not invofved in discussions or deCis￿S relating to this grant Charitthle grant$ of £20,000 {2022 - £nill We￿ made by th8 charity to RAIN {a register￿ chartyl. L Brobbey, a trustee of G￿￿er Street, Is the Chair of RAIN. L Brobbey was not involved in discussions or dausions relati￿ lo this grant. Charitable grants of £6.00012022 - £nil} were mad& by tho charity lo EnVI￿nments] Funders Nthork {a registered charity). F Millor. a trustee of G¢yweT Street was the CEO of EFN at thè tftno. F Millar was not involved in dis¢u55ions or decisions relaliry lo thts grant Page 24 Grlffln Stork Ffr)scrop & Co