50.50 REPORT OF THE TRUSTEES AND FINANCIAL 8TATEMENT8 FOR THE YEAR ENDED 31 DECEMBER 2023 50.50 PA•ILIArnENT Page R•port of th• Tn*t••• Stat•m•nl of IlnAnclal *cll¥lll•• B•tsn¢• ￿•1 Nol•• to th• IIMnelol •tst•m• 9-13 Ind•p•nd•Dt •x•mln•rf• r•port 14 R•port of th• Tn•t•o• for wKl•d 31 D•cembor 2023 The trustees are pleased to wesenttt*ir rewl twer with f￿￿19] sknnts ofthe chanty the year ended 31 Decents 2023. The financial stslements c¢xftW Charibes Act 2011, the thaiity's constitution, and ACCO￿ting and Reporbn9 by chart1￿. Statement of RecommerKled praC￿e applicable to charltbs kyepanrfj their aGGounts in W￿dan￿ trt Finan￿￿ RA)JtsThJ appl￿b￿ in the UK and Republlc of Ireland IFRS 1021 l•ffecUve 1 Jarwjary 2015). REFERENCE AND ADMN18TRATION DEfAIL8 Chartty regl8tr8iion number. 1195583 Pn"nelpal addrem: CEO.. LY￿ne Nichdl (from No￿r 2023) Bank￿. CAF Bank Lin*ed, 25 Kry8 Hil A¥enu•, Klrg• Hil, Wèst MallbrKJ, Kent, ME19 STRUCTURE, 130VERNANCE AND IIANAGEMEwr Th8 eharty ia o chori1￿6 Irthwaw ory•ni••li¢)n (CIO) 9o¥wMd by it• CO￿ti￿￿9n d•t•d 20 August 2021. TM ¢h•ity w rW•r•J tho ch￿ C*ynml••lon on 20 Augusl 2021. Th* i• 9ovemed Boord oltru6tee8. The Bowd meets qjarterfy (and more often réqulmd) and détid88 on th• $tr*gic direc*on Ihe thArity sh￿Id tske, the perfomMnc• tsrgets that should ba set examims th• r9￿nt xbvibu •nd port￿1￿ rfth• S￿￿1￿. Th day to day ¢wrat￿nI of th• charity arn ¢j￿99￿ted to the CEO. R•eruitm•nt & 0ftr￿1￿¥ Tru$t•¢$ r8cNtted In ￿nIuncl10n Vllth ongolng needs and Jklls 8n&tysl8 to iYovOde balanced and Infomwd govemarte for the Chartty. No less than three persons may be elect•d. Thé first three tru8tee# v*re appointed for Varia￿ terrn oflAwJ to fow y•ars. app￿.nIm•n10 ar• agr•8d by the trustees ft)r a fixed lemi olthreg Y￿r$ afterwthlch trustee8 may be rfrele(*ed. Fr8￿e$ Scott. th• F¢Junder of 50.50, 8tepped as Dlrectt)r on the ¥*w'ntment of Ihe tharty's first CEO. Fr8nees wa8 then appolnled as a tru*e c#) 27 2023. Rhk managom•nt The tru$lee$ have a duty to hyèntify ¥#Y thè to tAthich th• charity is e>g08ed to en$ur• appropriate controls are in PL￿* to WKle rea8on*8 asswarKe again¥t fraud and error. The trustees meet regula￿ and a5se55 any risks to the Charity. A Risk Regisier h8¥ been develored, the ntenl of whKh is irrfDtmed by ￿L￿Utta*￿ the CEO, staifand the Board. Thg Rl$k Reglster 18 monitored by the on a rngulw 1>a￿. Rep(xt forth• y•arthxl￿ 31 D•c•mbw 2023 trustees smd dunThJ the year aNI to Oate ofts retMJtTAVe: Btk8hra Ahmed {appoinW 22 Mwch 2023 Susan Bright. Chair Amanda Carpentsr Ireslgned 31 May 2023) Cardlne Pndgeon (appoint￿ tr a newtenn C￿ 24 2ff23) FranGe$ Scott {appolnted 27 Novemb8r 2023) Bdan Swrtkno A8h8 Wa$hlngtoTr Jonèj {•ppoh)t•d 25 J•Nary 2f23. 4 D•(*thr 2023) Carol Ann Whitehead OBJECTIVE8 ANO ACTivmE8 Th0 oblocts of 50.'50 81 ut ¢xrt kn its *•'. The all￿n￿m￿l cl •qu•lty •A¥J dl¥•rnty. kn pArfhxl•r b•l*wn and m•n •rKt to dimln•l• nd•r dlKrfnYnaUon for tha bgnofft (*lthcxrt Hnlt•Uon) l. R•l¥lng awwen•M ¢1 ￿1 I¥￿tr of dlB(¥kn*th tho UK dom0￿ rw••ff* •ykn •t lo¢•l, r•glwl •nd n•tkn4 l•v•l•: 2. Raising awar8ne88 ofall aspe¢ts ofdlaryln￿naIk￿ In ¥0• ty w￿￿￿110n0,loCtUrn8, u8• of tr 3. Providlng gr faGilltdry tho wovknlon ofa8sOthnce to or Lynlutlorn irKILvJww (without Ilmftayon) thrOl￿Th tr86nlng, atrdlce N guidatK6 to en•bl• gY•at•r parbdpation by *Yxnon (tIKw g•1f. tdèntltylng a$ wnmen) In the UK l•gNl•tUTe and r•w•o•nkn dmNatlc woce88. Pubme b•n•fft The tW8tees hqve CObry>l￿ th• duty in wcl*)n 4 ofts 2011 Chathi tr) httve due regard to guldance publi¥h•J by tho Chartty ComrntSGk)n. Irthdlng publk ljenent guIdar￿*. The tru8te•$ have reforrnd to the Charty general guld•fKe on when r•vi*hing Ihe dwlty'• alm and oblecttves and in ptsanrty acts¥iil•¥. Tho chorlty fvrthorn Its ctwlthbkn pu￿￿8 for Ihe l)er*fft ty rnislrwJ w•rnJeneJs of d18¢rlnlnaiion 7*llhln the UK demoerti repreg•nt81ion 8ystsm and in so¢*fy thrtyjgh tho u80 01 m•dla and $peakn"ng engagements. as t1￿￿￿￿gIng and 8llPWt'r& Vbvmen to progre88 in politicg at local, regional and levels its •*AkHerToStsrKI and *SlgnUpToStsnd progr•mm09 by holding events. ACHIEVEMENTS AND PERFORWE During 2023 over 300 have d￿ked WUpToSland on the 50".$0 y￿b#￿e. ThiB brty8 tho total ThUm￿r oflwmen in 50.'50'9 'sigfvw>' to over 3.000. These T4wrr*n received an Ind￿dY41 profil• to trad( their progre¥B. TPW aw) ¢￿e1ve invilation$ tr> monthly party4peGifi R•port olth• TnMt••• trth• y￿r WKl•d 31 DKemlxr 2023 Lfyie Events tn¢luded.' • 50.'50 LNe In Parfiament on 1 Marth for Interna￿ Women's 2023- h¢JSted by Vicky Ftrd MP. Speakers Sr Lkndsay kkny￿. Penny Mordaunt MP. Karin Smyth MP. Wera Hobhouge MP. Haniett BakfrM"n MP. Aletha De-Frellas. F￿￿etr9 DTeckn of Pow and Res*arch. 50'.50 Parliament In VkntrrrinstsrforAsk HtrTo Sland Day 2023. Speakers were Cardlne Nokes MP, Guy OFpemwi MP, Sophia Ihx&au. Deputy Le&Jer of VIEP, Sarah Dyk• MP, 08watd MP. Vthiia Akin$ MP. Dr Ch¥k)tte PrcrtKlrrwi. zack Polansko. Deputy Leader olthe Gr￿n Party. Vkleos of wport w•rn made by tho Prim• Mlni8ter, the Fir8t Mlni$ter, the Leader ofthe Oppotyknk and the Le*lor ofthe Llbwal D¢mOu￿. Ttu$ attracted 178 slgn-UPS. Other events Includ￿ a Fundraiser called Vltsmen hAists'. F￿gOtten, E¢lp8ed. Révb48d, an onllne event to recwit wjmen veterans to Stand fof off￿. ho8t¢d by Doltry ¥•n Tullkn Salute Her. Speaklng ¢ngagements I￿Uded at the Institute of Governn￿nI and Poly and the London Busine$y S¢hool {LBSI and thè Frenth Embassy. [￿fferenty Podcast- an Interwew with Frances Scott. the 88ri•s alw featured W1¥efSati￿ wllh k18pr.rati￿aI induding B8rone88 J•nkln. Marsha de Cor(lova MP, Bar￿eSS Warw. Wera HObt￿Se MP and Lut8a P￿Itt. ThlB 8èri•$ alms to Inftwm and in•pk• KMn•n to 98t pohtw •clive way thdr lifestyle commodates. 50'.50 8180 had rewe*)tsfv •t all mw Paty 50.'50 launth•d Ih•'Be a Counclllorf Ffograrrffie. furxled ty the (3O¥eMrr￿t AuocLqtlon, to In8plre 4￿rne￿ to stand as local counulhy¥. This progrnrrTh• 178 Kimon rnglBt•r, 72 attend and 38 Indlc&ts they *¢uld seek to st￿￿ as a kne•l ¢ouncllkx. Over 100 women 8upport•d by our fr5gnthy network ¥tood In tho Lo¢AI E￿¢tIOnS In 2023. {12150..50 8gnups stood. 32 of those ¥•￿ their Jeats.) 50..50 andy8ed the Lttal Elecllon dats from Democracy Club and estimated that Kirrnn acC￿nted for 34% ofc*ndidate8 37% of th08e seats. FINA14CIAL REVIEW Th• Income olth• ¢h¥ty am¢Mmtsd to £73,740 *4lh n•t incryne ofU13812022.. In¢om6 01£122.747 wlth not income of £32.4861. R•MrvM pollcy Th• policy of the tharity a* at 31 December 2023 to have free ￿eryes ofsrx months, minimtjm operating costs to fvnd its w)rk {offrenty budgeted 8t £33.2951. Unwtricted reserves at 31 December 2023 were £34,62212022.' £26,409). As at 31 L)eCern￿ 2023 the assets of the charlty •re considered adequate to fulfil ils ob1w￿8 and ts trustees cuthrthe State of our finan¢ial affairs to be 8atisfaGtory. R*p￿taIth? Tnat••s f¢Yth• Y￿r￿d•d 31 DK•mbw 2023 PLANS FOR ThE FIMJRE 50'.50'8 focus ha$ now tumed to the next G￿eral E￿cti￿- an additKfflal 100 women MPS need to b• e*ted to a¢￿￿¥e a 50:$0 We*mir*. 50'.50 will ownue to monitor cwdi¢Jate 8eleclions and offer ThEntorirwJ or ￿t￿.￿.￿le SUPF¢rtto th*0 are soeking to stand. 50.'50 *111 9180 offer avenu85 ft**Y)men to Iheir krv* •KI netwo￿$, thi8 election, in prepara￿n for th• next¢i•(aion. 50..50 plans to spend the next election cyde in thè folkyAryng three ways.. conlinuino to Taise •warenes8 ofthe gender imbalm In PwlianRnt and ek(Xed t<¥J*s thmwJhoLrt the UK and why it 1$ problem.. inwring arKI re(xuiiing to starKI for elected offu", and revlwm'ng way8 to break the bgnioT8 to eleded offlc¢ lor SO:60 alw use th time to our net¥w)rk8 and spher• of influw￿. TRU8TEE8' RE8PONWWLme8 IN AELATkW TO THE FINANCIAL 8TATEIIENT8 Thtr ch•rlty trust•M for ￿$tee$. •nrwal r•ixvt aThl Ilnanclal 8tatemert8 in accordance vAlh aWlc•bl• law and Untted K¥Wom A￿￿lIng Stsndard8 (Unrted Kingdom Generalty AC￿pted ACC(￿ntIng Pracllc•). Th l•w awkable to Ghorltiu In Eng1** arKI Wale8 r•Wr88 charfty Inj81￿ ts prepar• lknan¢ial staloments for èach year ¥thkh glve a tn* and Iw v4w of the 8tat• of affairs of th• ¢honty and of the Incoming rtwurces and appllcaloon of resIxx￿. of tre d)*lty forthat peFl¢Jd. In prepaflrwj the fknand81 stat•T*, trust￿ are rn￿red to.. 1•le¢t 8ullthe ace(ymtlrq and th￿ th•m conthtenty,. obse￿• the m•thod• and princl)lo• In th• applic4bTro Ch•rill•* SORP., mok• Ivdgoments arKI e8timate8 that are rea80nab￿ ar•J wudoit state wheth•r applkabl• a¢￿Untsng stsndards have be￿ ICA￿)￿d, 8ubl•ct to any matorfal departures that must be th'sdomd aThl expla1￿￿ in the finandal statement8.' prep8re the finarKlal statemènts on th• goiry conewn bo8* unléa8 it ij inapproprl•t• to ••um• that lh• ¢lwty c¢)rtSnue tn b￿lnes1. Th• t￿￿tee3 are respo￿b1È k•wx'ng propw rnc<*d• thjl dl•cle4o ￿lOnabl0 •ccuraey at any time th• finwKMJ po•lkn ofthe clwnty and to enable them to ensufft that the financlal statsm•nts compty the Cttsrrtkns Act 2011. the •ppk•ble Ch*ities •nd Report81 Regulatbn8. the FY0ViSi￿5 olth• ¢ornts1U￿. ar• ¥lBo reapon•lble for 88feguarthng thè as#ets of t￿ antt roa8onth •tepi for t1￿ and of fraud 8rKb othw irrn9ul¥itiu. The trJ8te88 ¥e ￿SpOn3f0lé forthe maintenanc* and integrity of the Chadty and fln#nctal Infomation knchjded on the cl)arty'8 web8rt9 in aCC￿d¥￿e wlth1¢gBLaOon In tr* Unlted lfjn￿ goveming the preparatkjn and dls8emlnattLM of finar#Yal statemerbts. Approv•d by tho IN*t••8 and 8ignod on thelr behalf by usan Bright Chalr 16 J￿Y 2024 Totyl Tothl INCOIAL. 120.4J4 1,414 870 E¥ert8 B•nk 1.414 875 216 TOTAL IIKQIIE exptNDmJftE: CEO & CaM￿￿n GI￿0r￿r Prov1￿￿ ol •thk• & Ev•n16 cJnmuni￿tiQnI & CIM￿￿￿ Prfnting, post896 & ot8lfvx Tra¥ InwJrnn¢• & profw8knn•l Fur¥Jralsk¥ rT &w•WI• cty untwcy IndoF4nttent f•• B•nk ch•ry an2 8.754 3.621 29.323 13.324 10,2T6 17.496 2,39 Jz3 1&324 14275 17M98 a.399 214 123 127 2,280 44 13.454 1139 176 3.149 212 214 123 32T 2.280 3.013 183 18) TOTAL EXPENDITURE NeT INCOIIEI(EXPEMiThIRE 10218 &1101 1118 a077 32,4 NETIAOIEIAEltr wi iuhris TOTAL FUNDSAT 1 WUARY 2ro3 6.077 TOTAL FUNDJ ATJI OÈCEMER 2Q23 Thfr nots8 on p8ge$ 9 to 13 fomi pwl crf thw financial statWT*. The stgtement of fmwKiat Ktsvilm Inchth• all kMeg pwlod. Al IrKome and expendlture derive from contin￿n9 activths. 50.50 Baknn¢• Sh••t *t 31 DKembor 2023 2023 2022 CURRENT ASSEf8 Cash at bank ond in hand 2.761 6,909 39,395 40.319 UABILITIES CREDITOR8: amounts tsllirKJ witrm'n one y•4r Ngf CVRRENT A8SET8 NET A88Ers 10 FUNDS OF THE CHARITY Restrkt•d fvnd# 6,OTT Unmtri¢ted fund8 TOTAL FUND8 Slgn•d on bettalfof tho tw•t• Susan Bright Chair 18 Juty 2024 Statwn•nt of Recomnwvjod applic* to ch•th# prying their acwjnts in ac¥ordance the Flnftnc* Rep￿ St￿ applicabl• In th• UK aTrJ RwubNG af Ir•land {FRS 102} (effecti￿ 1 January 2019)- (Ch•lU8s SORP (FRS 102)). th• Flnancoal R•porVng Stand¥(l •pplicabl• k7 the UK •nd Republi¢ ot Irelarml (FRS 1021 arKI the Chortilei Act 2011. 50'.50 meets tho definlllon ol a pubk b•nef* erltyy under FRS 102. ￿K1 ll•blllli•s are In61101ty rfjcognl8ed at hlstrtal coot or trar••GliM Val￿ unlu8 8tatsd In th• I•￿¥￿t accounty note(s). It l* the trustees. that there are matww uneertwth rogarding SO:SO's ablllty to ¢onlinue in opwo¥on for th• lty¢s•eth fithTe iaking hrto &c(yJrt all Wallab￿ infomiatlon, and have ndthor tho irrtthkn nor ts ne•d lo Iwlalo matttlolty the 8cale of ib the tharity'• fin•rthl po66tlon lor Ih Grynlng yw are •attthd th•t ttle charty wlll have Tru¥t from *thom gr*)t fundng wa• avMd•d in Mwch 2(r23 for th• folStr*kng thrM yegrn and through the Iln•noal support ol"FtsndJ of 50.'5¢r. Further gmt funthng vlit be #ought durlng th• comlng year. general objocl¥e8 ofthe charty. grant awwd tho temN rfan •ppo•l. c} I trmm• h Inthdod In the *athn￿t oflkwthl xO¥ll*• the fi• •ntiYed to th• Exp¢n¢Jlturn18 recognlwl on •n b￿1# al a I1•bi￿ kn hy)md. It i• rnpwt•d M p•rt of the experKliknro to vthkh tt rel•t6•. Tradè and othor d•btorn am r*eowiMd at thè •8Ill•￿ •mwnt duè aft•r any trad discAiunt ￿[*r8d. PrepayThwts are valwd altho an¥JUTrt Fyepald net ofany trade d8Munts due. ACC hAt Cash at bank and osh in hand hK*Jdes calh ghxttwm hlghty Iquid irNe8tsnerrt8 *ith short mafvnty ofthw ThM)rblh or less frDm d*e of wulslllon or wniro ofthe deposit or ¥lar acc Creditors or? rn¢ogni¥e(I the (*wity has a wesent oblIga￿ re8uMr¥J from a past evert that will probabty resuli in the transfer of fijnds to 8 third paity and the an￿Unt due to 8etlle the oblvJat6on be measured or e8ts"mated r¢liably. Creditors are nomalty r8¢ognl8ed at thelr 8et¥•mont amount aft•r ￿1(r￿1r￿a fty ffj trado due. The charty makM avallablo to al emth••s a d•fin•d Contr1￿]Qn ponslon 8th•mg oyrat•d by NEST. The pension costs charged to tho Statwnent of Finandal I£￿¥6tte¥ repre8enl the •rTh)unt ofthe cc#)trilxJtiorrf P￿#bIl to tho In relm ofts xcountlng pertod. Fl The charty ho9 tsken a¢fr*ant•g• olth• •x•MFrtI￿1 frDm propwlng a cash flow •t•t&nent In •￿0rd•ne* with FRS 102 ￿ the b* Ihfftt * quth u • WTNg11 enttty. $0.'5018 o rrfl8ternd chwlty and as SLth its in(xxrn and gdn8 I￿11￿ wlthln Seckn$ 471 to 489 of th• Corporakn Tax Act 2010 or S•¢tion 256 of Taxat￿ of chargeab￿ Gain8 A 1992 are exempt from corporatson lax to ts oxlent that thoy •re appllod to h ¢haritabl• Obj•cU¥￿. Net in¢om•llexp•nditur•) il •tat￿ aftw Year ended 31 D•cerrl)er 2023 Penc(l end•d 31 D8cembgr 2022 Ind8pondent Examk)•f• f•• 720 720 On 31 M8rch 2022, all assets. liamies fijtwe activibes of 50."50 Vlom8n'8 Equalty Limlted werè transferred lo th# Charity. Included in unrestricted gfanl8 do￿n8 income in 2022 was £15,653 reiatlng to the vansfer ol funas. In allaff￿n a £6.131 ol grant funthng defèrrod by 50.'50 Women's Equality L￿lte(l at 31 March 2022 vrns relea￿1 to r8strKaod gmts and donations Inc£*n by the charity durin9 the perK*J gnd&J 31 December 2022. io Year ended Period end8d 31 December 31 D8cemlJor 2023 2022 Wages and 8ala Social wunty co*$ Pension costs 5.192 156 S.348 Staff co8t• above rel•t¢ to the key mBwd9wn•rt W8mil rfthe dwlly. Th• average wmber of tytaff •mpw duriry Ihe y•or 0.17 {2022'. 0). Thw• TA•m no employiJ88 w6th emoluments exceeding £60.000 pw amum IIN* y•ar (2022: none). TR 8'RE NERA Durlng the year a totsl of £213 was ￿ to 2 trust￿ ro#rt￿r￿n8nl ofcosts pald on the r*•,8 behalf and travd exE*n￿5 <2022.. £n￿l. No trustee rocelvad r•munwatlon in either p￿. TO Year ended 31 0￿*mber 2023 P•rfodend8d 31 December 2022 Tradè debtOTS 6,699 210 Yoar endejj Pericxl end•d 31 C)ec•mbèr 31 D8o8mb 2023 2022 Other taxes and so¢lal 8e 3.060 874 InGlud•d n credltorn atM is (kfwr•d IrKiyM rekllry k• IrKcrfne r￿￿ed kn advance for events trj b• hold in thg following fn•ndal year as IdlM.'- Tr•n•f•rr•d from 50..50 Vknmen'• £qu￿lty Limitèd.. Grant fundirvJ carri•d fmrd at 31 M￿1 2022 Rele•sad to SOFA In year 131 li Notrs to tho ACC￿￿￿ for th• yearondod 31 Dtt•mber 2023 NCIA MITMENTS At1 January Inc(Mn• ExP•nd￿m Trnrnf•rn At31 DKomb•r 2023 General fiJnd$ Joseph Rowntree Ch*itsbl• Tru 28.409 14.411 49.990 261 (54,4161 {2,033) 39.048 14.4261 155 033 At31 L>ocwnb•r 2022 Goneralfunds 28.1 (1.6￿) 26,409 Tr•n$fer• bgtV*pon funds repreBent the trarntsr*om unro¥trkW tundi to covw flnal deficb at P￿eLl completion18ee note 9 belom). A131 D•c•mb•r 2023 J•nuary 2023 Comlc Rel￿1- Equal P