2020-12-31-accounts

Registered number.. 00206877 Charity number: 206655 THE GIRLS. BRIGADE ENGLAND AND WALES (A company limited by guarantee) TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 AA6UL6NN 1710ffd021 COMPANIES HOUSE AZ4

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The GIRLS. BRIGADE ENGLANDAND WALES (A Company Ibmlted by tuarnntee) CONTENTS Pa8e R•fèrtnce and adm1nlstr￿lye details ol the tompany• ItsTrustets and ad¥lse Chairman's staitment Truste￿. report 5-14 Independent auditor's report on the finan¢ial statements 15-18 Consolidated statement of Ilnandal artivS1 19 Consolidatsd balance sheet 20-21 coffi￿￿¥ balan(e 5he•t 22-23 Conso1141aled Slatsmert ot cash flows 24 Not•$ to the finan¢lal staternents 25-55

THE GIRLS. BRIGADE ENGLAND ANO WALES {A company Ilmlted by Éuaraffleel REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY. ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2020 Tru5tee5 Mrsj Greengrass. Chair Mrs s aaydon Iresi8ned 6 March 20211 Mrs C De Beger Dr A Heaford Mr5 H Hepworth Mrs E Inslev Miss H Flint (appointed 22 February 20211 Mrs S Hall lappoinled 22 February 20211 Mrs C Fanawopo lappointed 22 February 20211 Mrs J Williamson Iresigned l May 20201 Company r¢glster¢d number iKJ206877 Charity reBl5teW￿ number 2￿55 Re8iHered office aiff Colle8e Cafver Hope Valley Oerby5hire S32 3XG Compjny setsètary Mrs Julie Murdy Seniw m•naiement team Mrs Julie Murdy. Director Mr Keith Brèdshaw. Finance & G¢)vernance Manager luntil Ortober 20201 Mr Alan Cafr. Finance & Governantè Manager Ifrom February 20211 Ms Catherine Burt Media Coordinator & Depury Team Leader Indèpendent auditor BHP LLP Ch3rtered Acwuntants 2 Rutland Park Sheffield SIO 2PD Bankers The Cmperative Bank p 4th Floor 9 Prescot Street London EI 86E Solicitors Anthony Collins 134 Edmund Street Birmin8ham 83 2ES Pa8e I

THE GIRLS. BRIGADE ENGLANDAND WALES {Acompany Ilmlted by ¢uaramee) REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY. ITS TRUSTEES AND ADVISERS ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2020 In¥estrneTrt mana8ers Epworth Investment Mana8ement bmited 9 Bonhill Street London EC2A 4PE Page 2

THE GIRLS, BWGADE ENGLAND AND WALES IA tompanylirnited byBuarnnteel CHAIRMAN'S STATEMENT FOR THE YEAR ENDED 31 DECEM8ER 2020 The chaimian presents her statement for the year. Thi5 ha5 been a year when The Gir15' Brigade England & Wale5 IGBI ha5 continued to build hope amongst thi5 Beneration of 8if15 and young women during a time ol great impart on the lives and wellbeing ol young people. The impart of the COVID-19 pandemic meant that GB had to be flexibbe and adaptable in its approaeh to the activities and setvices that we offer to churches and young people and we quickly adapted to providing new programme and resources that have enabled Birls and young WtNnen Irom all back8rounds and abilibes to enga8e with real life, tlevelop new skills and explore gospel truths to help them live lrfe to the full, whether that has been delivered face to face. online or at home. Iys a real prwileee to see how G8 leaders have adapted to new ways of workin8 ensuring that G8 not only ¢ontinue5 to ernpower Bir15 and young women to play an actNe role amon8S1 their peers, their farnilyi community and the world but during a year unlike any other experienced ourvolunteer leaders have a150 played a vital role in supporting the larnilies of our members and their local communities. Our members have raised funds for the NHS. provided car packs for key workers and food parcels for those in need in thvr communilies. G8 groups have Cont￿nued to play an important part to the outreach ol local churches. entouraging posilive social interactions and an opportunity for sharing the Christian faith with families who have needed support particulaAy in the difficult circumstances of the past year. All this would not be possible without the committed and dedKattd volunteer leaders who have encouraged and inspired éuring the past year as thevve adapted to continue to provide a safe and welcoming Christian environment that enable5 8irls to grow and flourish. despite the constraints within which they have had to operate. These arnazin8 roles models are to be celebrated and commended for their commitment to the youn8 people in theif care. This year we have continued our cornmitment to equipping our leaders for Christs'an leadership. through holding and leading national training and equipping session5 both face to face and later in the year adapting to delivering these online. Oespite the restrictions we've also been able to toniinue our commttment to dis¢iplin8 our leaders throu8h providin8 online retreats for them to engage in. Our online resource 'koko' has continued to reach girls and youn8 women helpin8 rhem to explore the issue5 affecting them and we've continued to advocate for. and with, 8irls and youn8 women on issues that matter to them. Building a picture tsl thi5 enables GB to shape Its programrne5 and tstaNish priorities to ensure we remain relevant lor this tur￿nt 8eneration. The challengin8 financial climate durine the past year has imparted tharities like G8. In order to ensure we remain financially accessible to as many 8irfs as possible the Board has continued to seek grant funding and take positive Steps to ensure continued financial 5UStainability and InC￿3$e awareness of the work of GB in both the Christian and secular world. The grants ￿Ceived from the Methodist Churth Connexional Grant Fund, Tesco Bags of Help and from the DCMS Coronavirus Community Support Fund. have played a key part in our ability lo continue to build hope lor this generation and we are very 8rateful fof their support. Page 3

THE GIRLS. BRIGADE ENGLAND AND WAiES IA company Ilmlted by guarnnteel CHAIRMAN'S STATEMENT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2020 Whilst undoubtedly the impact of coronavirus will continue into 2021. 1 expeci that G8 will c¢ntynue to provide a safe. relevanL fun and affordable place for girls to meet. We'll continue to teath new skills, empower 8irls to lead, and help them to learn more about Jesu5 and grow in faith. God will continue to be at the centre of all that we do. JoanneGTeeny355 (Jun 13. 20 .55G41T+II Mrs Joanne Green8r3$5 Chair Date.. Jun 13, 2021 Page 4

TME GIftiS' BRIGADE ENGLANDAND WALES IA Company limited by auarantee) TRUSTEES, REPORT FOR THE YEAR ENDED31 DECEMBER 2020 The Trvstees preseni their annual report toÉether with the audited finanoal ststements of the company for the to 31 December 2020. The annual report serves the purposes of both a trustees. report and a direttors, report under company law. The trustees confirm that the annual report and financial statements of the charitable company comply with the current statutory requirement5. Ihe requirements of the charitable company's 8overninB document and the provision5 of the Statement of Retommended Prartite ISORPI applicable to charities preparin8 their atttsunts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS1021 published in October 2019. This is the annual report of Girls. BriÈade England & Wales dso operating under the name of Gids. Brigade Ministries. Since the group and the company qualify as small under section 383 of the Companie5 Art 2006. the group strate8lC report required of medium and larze companies under the Companies Act 2CJ6 IStrate8ic Report and Dirertors, Reportl Re8ula¢ion$ 2013 has been omitted. Obhti¥esandcrtlvltle5 a. Our purpose and a¢thibties Girls, Breade England & Wales IGBEWIGB En8land & Wales/G81 operating as Girls, Brigade Ministr￿e$ IGBMI has a wsion to See Lives ond communities trunsfvrmedondenrichedas indiwduots seet serve ondlollowjesvs Christ. We primarilywofk amon8 8irls and women, and In a way thatwe believe reflerts our Christian ethos= Relational in the way in whith we work iogether as teams and èmon8 those with whom we work Responsive to the needs of all whom we serye Relevant to the culture and context of todarfs communrtie& The G8 En8land & Wales. Network is also a part of Girls. 8ri8ade International IGBII. sharin8 in the world-wide vision to see Girls'lrye5 Irunslormed.. God'5 world enriched. b. fvo¥lslon of ielevani prqramme acii¥its The restrirtions placed upon G8's activtiies as a result of COVID-19 meant that G8 had to adapt to delNer its programme and artivities in a variety of ways including online. fa￿ to face and socially distanced, or by provision of resources to be undertaken at home with parents. GB quickly adapteé and in March 2020 began the start of 17 weeks of GB@home resourtes. With the svpport of DCMS Coronaviru5 SUPPOrt BranL the GB staff team. working together with key volunteers were able to ensure that new pro8ramme materials have been made available lor each hall term since September. to support groups to deliver in activitbes safely during the pandemic. Ge worked aloneside other vnrformed youth organisations, through Youth United Foundation. and with the National Youth Agency to ensure thai group5 were provided with Clear guidance for resumiryd face to face activitie5 when this was PO55ible. together with adaptable risk aSse￿rnents to ensure face to face artivities and gnline activities were conducted in a safe and secure environmenL adheri￿ to cov1￿19 8uidelines and ensurin8 safe8uarding requtrements were met. Page 5

ThE GIRLS. BRIGADE ENfjL4NDAND WAiES IA company lTrmited by 8Y3rantÈel TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEM8ER 2020 objecti1￿ and attivitses Itontlnuedl c. Our act1￿11¢$ dell¥er public benefrt The trustees confirm that ihey have had regard to the Charity Commission's guidance on public benefit. The Christian values upon which we base ourwork are of significant benefit to the whole sotiety. G8 is outward.lookin8 and toncemtd with the transfmnation of sotitty for the better. Our work among 8irls and women is sust•nable. holistic and life-enrichin& committed to enabling them to d￿CO¥er and live lrfe to the full. We work from, and share. a Christian Èthos and accept the reht of indNiduals to have dilfering views and beliefs. or no belief. The strategies employed to athieve the tharsvs aims and objectives ère: Partnership with churches to provide holistic mission amow gir15. children and young women Equipping lor the church in mission skills and understandir Advocary for and with girls. children and wc*men Empowerment of girls, children and W0￿￿Tr towards Christian th"scipleship. This four-fold strategy ts the basis ol the group's devdopment plan and informed ourwork in creatin8 a 5UStainability plan for 2019-2022 durin8 the past year. G8M puts these strategies into action through four major areas of artivity.. the establishing and nurture of loeal community groups (primarily for 8irls and young women). the equipping and resourcing of volunteer leader5. and the provision ol relevant programme. resources and actyvities. and the provision of a space lor new. relevant initiatives that contribute to G8M's Vision and objecti￿. to be pioneered and established. Our key actiwties thi5 year are described bel¢)w and Vèry muth focus on the transformation of livts and Communities across England and Wale5. d. Establlshlng and nurture ol local comrnynity youps GB tontinues to delNer sustainable local 8rovps for 4-8s. 7-115, 1ty14s. and 13-18s Iprimarilyl for gids run in partnership with local thurthes 3crtsss England and Walts. Argund 8.C￿ thildren and youn8 ptople are members ol these 8roup5 with over 2,(￿ volunteer leaders supporting them. In some area¥ where there is no pr(wision for boy5. G8 takes boys in trust. These groups provide rewardin& stretchin8 and positNe opponunities through which girls and youn8 women grow and develop irt eonfidente. resilietsce. wellbein& ènd life Skills. whilst developing strong Iriendships. a sense of belonging ènd havin8 8reat lun along the way. The innovative pro8ramrne materials explore current cultural issues in ways that are relevant to rhe a8es of our members. G8 mernbets may also en838e in a struttured leadership programme, which encourages leadership. communication. and team-working skills. They can also take part in the Duke of Edinbur6h'5 Award Scheme with 28 young people receiving awards. 11 at Gold level, ? at Silver level and 10 at Bronze level, despite operating undei COVID restrictions. G8's International Queen's Award that both encourage resilience. social mixin8 and innovation ha5 been awarded to 5 young women ¢)ver the year. P¥e6

THE GIRiS' BRIGADE ENGLAND AND WALES {A company Ilmiied by Èuartel TRUSTEE5' REPORT ICONTINUEOI FOR THE YEAR ENDED 310ECEM8ER 2020 OWrtl¥es and adivitiès {tontin￿ed) e. Equipplng and resour¢Ye ¥olunteerleaders Muth of the work of the employed staff team at GB'S Support Centre is focused on the support and resourcing of the 2,500 plus volunteer GB leaders who w've their time, energy. skills and Christian experieAce to 8irls in local area5 around England and Wales. This support work has always been devolved to local branch leaders. and it is with this gioup that the 5UPPOrt centre has rnost involvement. The support Centre staff team provides conferences, events. telephone support arnd resource materia15 to help the organisational. spiritual and youth work skills development of GB leader5 znd grtsup5. Additionally. and importantly. the support cerstre team maintsins a GB leader and 8roups' database. the registration of leaders. and ensures appropriate standards of trainin8 and safe8uardin8 are mainiained throu8hout ihe charity- During 2020 we've had to adapt to delivering irainin8 ané equipping online and more than SSO training and equipping spaces have been filled. ensuring t17at leaders remain up to date with core 5kn115 such as safeguarding and residential event training and that new leaders C￿tInUe tL) be trained and onboarded. We have also delivered trainin8 to equip leaders io mana8ing the impaci ol loss on young people. The annual subscription to GB by I￿?1 members and 8roups is the main source of income for GB England & Wales and is used for infrastrurture and staffin8 costs of the charity. including the employed teèms. work to develop leadership resources and programme materials. Building on the mission training which GB ddi¥ered with the Methodist Church in p￿￿0￿$ years, we have continued to look for further opportunities for partnership with thurthes regzrding mission equippin& with a series of equipping events beinB lead with the Methodist Mission and Learnin8 Network over the year. f. GB Minlstrle5' iniliatb¥e5 koko IKeep on Keepin8 Onl is G8M's award-wlnnl￿d online ministry. which seeks to reach a new generation of young women. It5 regular blog5 focu5 on addre551n8 the i55ues affecting teenage 8ids. In terms of leadership and faith development we have worked on developin8 podcasts to e￿end our Esther Community amongsi 18-30s women exploring iniegrity. faith and purpose. The initial pilots have been recorded and will launch in early 2021. Despite the irnpzct of the pandernic. more than 50 women leader5 have attended GB'5 retreats during 2020 ￿lch have encgur3Bed them to grow as disciples, 8row as teams and take time io be refreshed in their roles as volunteer leaders. Page 7

THE GIRLS, BRIGADE ENGiANDAND WALES (A company limited by y3rantee} TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR SAIDED31 DECEMBER 2020 A¢hlevements andperf0rn7ft¢e ¥. Maln a¢hte¥ements of the charftable ¢ornpany The provision of quality. fun and meaningful programme and acfmty is the backbone of GB'S sustainable and life- transforming mission among children. Despite ihe pandemic. once again this year GB has provided on average three hours of direct children's and youth activity per week for 40 weeks in the year amongst 1.650 groups of local 8irls and young pegple. An estimated 120 attained awards in yguih leadership. 27 new members were registered to take part in the Duke of ErSinbur8h's Award kheme through GB with 28 receivin8 awards durin8 the year. and 5 youn8 women completed GB'S own Queen's Award. whith is GB'S highest award. 17 weeks of GB@home progrzmme materials We￿ provided for the first lockdown period. wth two further Sets of blended programff lor delNery online, @Home or in person bein8 provided between September and December. Mission equipping remained a high priority as part of the 8uild Hope initiJtNe. with 390 attendees at our national leadership and equippin8 conferences in the year. G8 ha5 continued to respond to girls. issues and h35 featured in publztions by the Evan¢elical Alliante and Premier Christianity and Youth Work as well as speaking out on UCB and TWR radio. FinGn(hl revlew •. Finanriaj revl¢w The surplus for the year was £50.75112019.. £97.969- after a prior year adjustment redutin8 it by £20.C(K)I made up of £41.09912019.. £116,264) from un￿$trI￿ed funds and £9.65212019-. £1.7051 from ￿$tricted funds. Funds total £689.878 12019.. £639,127 after a prior year adjvstment reducin8 It by £20.CO)I comprisin8 of unrestyirted funds of £55,98512019." £14,886) and restrirted fund$ 01£633.89312019". £644.2411. Once again GB'S income has largely been drawn from membership sub5cript1L￿s. which for the 12 rnonth period to 31 December 2020 was £316.577. but ihis has been augmented this year through having been funding from the Methodist Church Conneyional Grants funding for MissioTr and Ministry and DCMS coronawnts funding. The provision of 8rants shows the value placed upon the work of G6 ertemally. As a charity we're 8rateful too to individual donors who support our missKJn either through one-off donations Of through regular giving to ihe tharity and have been pleased to see those connetted to GB respond tts our 'coffee cup challenge. increasing the number of rtgulat donors to work. Steps have continued to be taken to address the fvndin8 8ap durin8 the year included reducin8 overheads and staff tosts and realigning roles and reSpOn￿bIlIties. The board has tlosely monitored the impart of COVID-19 and delwery against the sustainability plan. Pa8e 8

THE GIIUS, BRIGADE ENGlAfv￿ AP4D WALES IA company limlted by 8uaranteel TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED31 DECEM8ER 2020 b. Investmenis pty*ers and ptslicv The tnJstee5. having a keen awareness of the need for GB to balance operational liquidity and stable growth of investments, benefited from the serwces of Epworrh In¥e5trnent Mana8ement Sery1￿ a8ain thi5 year. Aims and parameters for the portfolio are well estsblished. and we retefft a quartèrly ￿rfOrMance report in order to enable timely MoTritori￿ and control of this imprrtant issue. The aims and parameters for the year were estzbli5hed in Odober 2002 for un￿tricted funds as follow5.' To achieve a balance of capital grts￿h and current intome. In¥e5tment parameters art set for ihis as follows.. Equitie515fy70%1- Fixed interest130-50%1. Some funds were kept in intere5t-bearing deposit atcountsto provide attess as needed lor cash flow management. t. Going conterh The trv5tees have continued to monitor GB En8land & Wale5' financial position throughout the past year and in parttcular the impart of COVID-19 on its attivities and income. The 5UStainability plan developed in 2019 is providing GB with 8uidin8 Steps towards a more svstainable future and despite the impact of COVID-19 GB has increased the number of regular donor5 ahead of the tsrget for 2020. In addtthon fttndin8 was secured through DCMS Coronaviru5 Support Fund, administered by the Lottery Community Fund which has helped GB to provide blended programrne resources to enable its local community 8roups to continue to offer online and offline services during the pandernic and explore online ways of providing core iraining to volunteer leaders. Intreasing regular donors to the work of the charity alongside seekin8 further 8rants for projecis to redvte reliante on 5ubstripts.on income will continue to be needed as we emerge from the pandemic and will provide 5upporr white the or£￿1$ation continues to develop sustainable levels of re8ular income from members and other activities. The trustee5 are Continuing to take Steps to ensure that the organi5ation and its serrices are shaped to 5UPPOrt the current needs of benefioaries and the Iran51tion to online delivery of some services will bring about some cost savinE5 and effioenoes in delivery. The trustees have prepared forecasts of income and expenditure and cash flcvw for a period of 12 rnonths frorn the date of approwng these financial statements which sht)w the 8roup has sufficient funds to be able to continue in operational existence. These forecasts are based upon cuifent known income and assumptions for future incorne generation that take account of the uncertainty a5 we emerge from the pandemic. The trustees believt that their lorecasts for the 8roup have been preparèd on a Prudent basis and have been subject to realistic sensitivity checks. It is for this reason that they believe it is appropriate to Prepa￿ the financial ststements on a 80in8 concèrn ba%s. Page 9

THE GIRLS. 8RIGADE ENGLAND AND WALES IA company Ilmlted by guarantee) TRUSTEES, REPORTICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2020 d. Reserves poli Reserve5 are needed to bridge the gap between the spending and fecewing ofincorne and to cover unplanned emergenty expenditure. The trustees consider the ideal level of reserves at 31 Oecernber 2020 should be in the ra￿e of three to six months cover of annual charitable expenditure which gives a target of £132.[￿] to E265,CQO. Defined by the Charity Commission a5 uftrestrirted funds available to spend on the general pufposes of the charity, but not yet spent. tommilted or tlesignaied. the free reserves hdd by GB En8land & Wales at 31 December 2020 comprised the fdlowing.. Total consolidated funds per Balance Sheet IGroupl Less.. Restrirted funds Pension reserve- unrestricted lunds Fixed assets- unrestrirted fund5 689.878 1633,8931 123.001 131.7011 Free reserves 147.285 The trustees reco8nise that current reseThes are at the lower end of their aspirations. Durin8 the coming year the Board will be reviewing costs as well as looking into options to in(￿aSe regular gNin8 and identify other sources of intome to increase the level of reseryes. . Grant-makingfunds The Holcot Fund Imatilda Alice Hubbard Trust 2(K)11 was estsblished following the sale, in 2C￿l, ol a property IHolcotl originally donèied to GB by Matilda Altce Hubbard_ Within the tern￿ of the Trust. the criteria for grant support 15 to provide or assist in the provision of holiday or residential event accommodation for members to a5SlSt in their training. Grants awarded from this irust are adMiniste￿d centrallyt throu8h a written applitab.on process. An annyal report of applications and awards is made to the trvstees- 29 awds were given irt the year. Page 10

THE GIRLS, BRIGADE E￿￿lANDAN0 WAiES IA company Ilmited byyaranleel TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 310ECEM8ER 2020 f. Plans tor future periods As GBM transltions into 2021 it wll continue to SeeL Serve and Follow Christ. Our focus will be on recovery and growing hope as we emerge from the l￿dOWn restrittions of the previous year. owini strong loundation Equippin8 our people for their roles using a nefvlork ol volunteer trainers. Providing resources for growth & sustèinability of groups. Rollout of GB Manager. a database to support the administrative processes onboarding of both volunteers and members. Improvin8 our financial sustainability by iTrueasin8 the number of regulardonors, wtsmittin8 re8ular fundin8 brds an(J providing fundraisin8 adthce and support to l¢xal 8roups. GrowlngSpSrltu• As an organisation motivated by our Christian faith. disci￿eShiP of our Volunteers and members 15 a key component of all that we do. We will do this thrw8h Worship and eouipping sessions ai our leaderconferentes throughout the year. Throueh an online retreat time at the Summer Conlerence. For young people through provision of programme materials that enable them to explore the Christian faith such as our Approach Easter resources. Our online resources Incluéin8 the Esther Collective podcasts anLI koko. Growing knpe for Gids and Womert Advocatin8 lor and with 8ids and youn8 women on areas that are disempowerin8 or unjust. Continuing to sharin8 the work of GB Minisirie5 externally particularly siories and social artirm activitles Providing a con￿xtUallY relevant programme. adapted to delivery across different contexts as we emerge from the pandemic. Schools work pilot restart. Throu8h delivery of a volunteer and member recruitment campaign. pro¥iding physical and elertri)nic resources that support growth of loc318rovps Lwer the next 12 to 18 months. st￿rtUre. qoverrtonce ondmonooement . G￿emOns dotumènt The Girls, Bri8ade England and Wale5 is registered as a charitable company limited by guarantee, governed by its Memorandum and Arttrcles of Assooation dated July 2017. It is re8iStered as a charitywith the Charity Commission. Members of the Girls, 8rigade England & Wales 8oard are the Company Members and, in the event of the Company being wound up, the liability of eath member is limited to a maximum of £1. b. Appoinimert of Tr￿￿ee$ GB is Bovemed by a board of trv5tees who serve for a three-year period renewable for one further. consecutNe, tem. Page 11

THE GIftLS' BRIGADE ENGiANDANDWALES IA company Ilmlted by iuarantsel TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2020 Slructsre. lo¥ernance and management Icontinutdl c. Retruitmeni and train￿¢ olTwstees In order to mzintain a mature and well-equippEd trustee board. inforynation abovt the role. responsibilities and skills needed for board membership is made available to all GB member& Onte a trustet has been appointed they reteive induthon training. This 15 the responsi￿lIty of the leadership staff team and alsg involves peef 5UPPOrt. Indudion cover5 issues such 35 the roles and responsibilities of trusteeship and introduciion to the strategic and spiritual objetti¥es ol the organisation. Further trainin8 is olfered on an on80in8 basis. Members of the Board are provided with relevant perioditals re8ardin8 their role and encouraged to subscribe to eood govefnance prartite jouma15 and websites. In Sdition the trustee board members regularty dedicate time to strategic direaion and refflection. d. Or8anlsation The board comprtses a rnaximvm of 10 trustees. Membership is determined as follows.. Up to four representatives elected by the GB En￿and & w￿e5 Network Executive. The honorary treasurer shall b? one of these members. Up to six other persons. independent of GB make up this number. The board rneets three times in the year. although other meetings may be called if required. and work corporately to govern the movement and appoint standin8 groups for speofic purposes. cur￿ntlY the standing 8roups are G8EW Network Executive, personnel, linance and risk. Each of these 8roups look at their areas of responsibility in de￿11 and report to the board during the year. The director of Girls. Brigade Minisffies is appointed by the board to manage day-ttrday operatSon of the group charity. This person has delegated authorEty for Strategic and operational matter5 induding finance. ernployment and artivities in pur5111t of GB'S strategic 8oals. e. Relatd partle5 and Covoperallon with other organisalio None of the trustees receive remunerati¢)n or other benefit from their wwk with the charity. Afty tonnettion between a trustee or senior manager of the charity with an organtsation used by the charity must be disclosed in the same way as ny other contrartual relationship with a ￿lated party. No suth tran53Ctions We￿ reported within this perSod outside of the group as detailed in note 32. f. Fundrzisint standards iThforniat•tin Girls, Brigade En8land & Wales is not cvvrently re8iStered wtth ihe Fundraising ReBulator. During the year we have not appointed any professional fundraiser to 51tpport the work of the th3rity- G8 is registered with Give a5 You Live and our supporters are able to raise éonations for our work through ihis. G8 is also registered with Amazon Smile an¢S Facebook. During 2018 we implemented processes to ensure that we were compliant with GDPR ensuring that friends and membeis are able to indicaie their preference includin8 whether they tan be contscted for fundraisin8 purpose5. During the year we have encouraged those connected with GB to participate in the coffee cup thallenge and become re8ular tlonors to our work. Wè have received no complaints in relation to fundraising attivities. Page 12

THE GIR15' BRIGADE EP4GL4NDANDWALES IA company lirnlt¢d by guar•nteel TRUSTEES, REPOR T {CONTINUED) FOR THE YEAR ENDED310ECEM8ER 2020 Structurn. Bo¥emance *xl mana¢em￿t lcontinuedl . Pay policy for sèniorstaff The board of dirertors. who are the charitvs trustees. and the senior management tearn comprise the key management personnel of the charity in charge of direttin8 and controllin& running and opeiating GB on a day-to-day basis. All directors give ol their time freefy and no direttor re￿Ived remuneraiion in the year. Details of directors. expense5 and related party transactions are disclosed in ngte IS and 32 to the atcounts. The pay of the senior staff is rewewed annually and nomially increased in accordan￿ with cost of livin￿in+latIOn levels. In view of the nature of the charity, the directors benchmark aBainst pay levels in other Christian charities ol a similar nature and size, and similar roles in the geographit area of the repjstered office. h. Rlsk management The trustees have a risk management stratw. which comprises: An annual review ol the principal risk5 and uncertaintie5 that the tharity face5." The establishment of policies. systems and procedures to mitigate those ri5k5 identified in the annual review,. and The implementation of procedure5 designed to min9mise or manage any potential impact orj the charity should those risks materialise. This work ha5 identified that financial sustsinability and the impact of COVID-19 have been the major financtal risks for the charity. A key element in the management of finanoal risk has been the development of the sustainability plan. a re8ular review of available liquid funds to settle debts as they lall due. regular attendance to bank reconciliation and other financial management discipline5. artive mana8ement of debtor and creditor balanct5 to ensure sullicient working capital by the charity. and the stritt control ol expenditure. Attention has also been locused on management of non-h"nanoal risks arising from issues suth as COVID-19, safeguardirtg and first aid. COVIO seeure risk assessments were completed lor those workin8 at the GB Support Centre durin8 2020 and the development of good guidance and risk assessments for the local cornmunity groups lor face to face and gnline delivery. The local 8roup risk assessments have been approved by the local partner church and GB nationally to ensure the safety of volunteers and members. G8 has also been workin8 on revising key policies, procedures and guidante contained within Life to the Full. A new ve￿On of b.fe to the Full was issued irt March 2021 with updates to key policies and procedures. Refresher traini￿ has ￿eTr tsknng plate volunteer leaders havo been asked to review the updates to ensu￿ consistency of good prnctice.. Pa8e 13

ThE GIRLS, BRIGADE ENGLANDAND WALE5 IA cornpany limited by y￿ra￿tel TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2020 Staternent of Trustees. responybi The Trustees (who are also the direttors of the tharitable company for the purposes of company lawl are responsible for preparing the Trustees, report and the financial Statements in accordance with applitable law and United Kingdom Attounting Standards Iunited Kingdom Generalty Ar￿pted Accountire Practi￿1. Company law requires the Trustees to prepare th"nanoal statements for eath financial year. Under company law, the Trustees mvst not appr¢)ve the financial staiements unless they are satisfied that they Eive a true and fair view of the state of affairs of the Group and the company and of their incoming resources and application of resources. inclydin8 their inwme and expenditure. for that period. In preparing these financial statements. the Trustees are required to: select suitable accounting policie5 and then apply thern con5i5lently.' observe the methods and principles of the Charities SORP 2019 IFRS 1021.. make judgments and accounting estimate5 that are re350nable and prudent- state whether applicable UK Acco&tntin8 Standard5 have been followed, subject io any material departures disclosed anttt explained in the finanoal statements.. Prepa￿ the financial statements on the 80ing con￿rn basis unles5 it is knappropriate to presume that the Group will coniinue in operation. The Trvstees are responsible for keeping adequate accountin8 records that thsdose with reasonable accuraty at any time the f¢nancial position of the Group and the company and enable them to ensure that the financial statements comply with the Companies Act 20C6. They are also responsible for safeguarding the assets of the Group and the charitable company and hence for takine reasonable steps for the prevents.on and detection of fraud and other irregularities. Dixlosure of Inforniatlon to auditor In so far as the Trusiee5 are awa￿.. thwe is no relevant audit information of which the charitable eroup's auditor is unaware. and the Trustees have taken all the steps that they ou8ht to have taken to make themsefvts awa￿ of any relevant audit information and to establish that the auditor is aware of that information. Audltor The auditor. 8HP LLP, has indicated their willinÈness to continue in offKe. The designated Trustees will propose a motion reappointing the auditor at a meeting of the TruMee& Approved by order ol the members of the board ofTrustees and 5i8ned on their behalf by.. 9..55fyIT+ll Mrsj Greevwass Ichair ol TnJstees1 Oate". Jun 13, 2021 Page 14

THE GIRLS. BRIGADE ENGLANDANDWAiES IA £omp•ny lirnited tyiuaranteel INDEPENDENT AUDITOR'S REPORTTO THE MEMBERSAND TRUSTEES OF THE GIRLS. BRIGADE ENGLAND AND WALES Oplnlon We have audited the financial statefflents of The Girts. Bfigade £￿and and Wale5 lthe 'parent charitable company'l and its subsidiaries Ithe'8roup'l for the year endetl 31 Oecember 2020 which tomprise the consolidated statement of financial activitie5, the consolidated balance sheet. the ¢ompaAy balance sheeL the consolidated statement of cash flows and the related notes. including a summary of significant accounting poliae5. The finanaal reporting framework that has been applied in their preparation is applicable law and United fin8dom A¢cwntin8 Standards. including Financial Reporting Standard 102 Yhe Financial Reporting standard applicable in the VK and Republic of Irelané, Iunited King41om Generally Attepted Accounting Practice). In our opinion the linancial ststemtnts= give a true and fair view ol the state of the eroup'5 and parent charitable tompanvs aflairs as at 31 Detember 2020 znd of the group's intomifig resources and application of resources. intludin8 It5 intome antl expenditure for the year then ended.. have been piopèdy prepared in accordance with United Kingdom GeneralfyAtcepted Actounting Practice.. and have been prepared in accordance with the requirements of the Companies Act 2006 and the Charities Aet 2011. asis lor opin5on We condurted ovr audit in accordance with International Standards on Auditing IUKI IISAS IUKII and applicable law. Our responsibilities under those standards are lurther described in the Auditor's responsibilities for the audit of the financial statements section of our report. We a￿ independent of the group and pareni charitable company in accordance with the ethical requirements that are ￿levant to our audit ol the financial statements in the United Kingdom. includin8 rhe Firsancial Reporting Council's Ethical Standard. and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit ewdence we ha¥e rtitsined is sufficient and appropriate to provide a basis for our opinion. Conclusions to toinB concern In autliting the financial staiements, we have conduded that the trUs￿s, vse of the going toncern basis of accountSn8 in the preparation of the financial statements is appropriate. Based on the work we have performed. we have nol identified any material uncertainties relating to events or conditions Ihat, indiwdually or collettrvelvt may cast s¥nificant doubt on the group's or the parent charitable company's ability to continue as a goin8 concern for a period of at least hvelve month5 from when the financial statements are authorised for 155ue. Our responsibilities and the responsibilities of ihe trustees with respect to going concem are tlescribed in the relevant sections of this report. Page IS

THE GIRLS. 8RIGADE ENGLAND ANDWALES IA company Ilmlted by euaranteel INDEPENDENT AUDITOR'S REPORTTO THE MEMBERSAND TRUSTEES OF THE GIRLS, BRIGADE ENGLAND AND WALES ICONTINUEDI other Informatoon The other information comprises the inforniztion induded in the trurtees. report. other than the ftnancial statements and Our auditor's report thereon. The trustees are ￿pOnsIble for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicit￿ stated in ouf rèport. we do not expres5 any fomi of assurance conclusion thereon. Our responsibility 15 to read the other inforniation and. in d￿ng so. consider whether the other information 15 materially inconsisteni with the linanoal statements or our knowledge obtsined in the audit or otherwise agpears to be materially misstated. If we identify such material inconsistenoes or apparent material misstatement5. we are required to determinè whether this gives rise to a material misstatement in the financial statements thern5efvp5. If. based on the work we have performed, we conclude that there is a material misststement ol thi5 other infornialion, we are required to repgrt that fact. We have nothing to report in this regard. Oplnion5 on other matters presuibed by the Comp￿leS Aci 21M In our opinion. based on the work undertaken in the tourse ol the audit= the information #Nen in the tnJstee5' report (incorporating the dirertors. report) for the financial year for which the finanual Statèments are prepared is con515tent the finanoal statements. and. the directors, report has been prepared in accordance with applicable legal requirements. Matters on which we are required to report by exception In the light of our knowledge and understsndin8 of the 8roup and pèrent charitable company and its environment obtained in the course of the audil. we have not identified material misstatements in the directors. report. We have nothing to report in respett of the followin8 matters in relation to whith Companies Act 2LXJ6 and the Charities Act 2011 require5 US to report to you if. in ovr opinion.. the parent charitable company has not kept adeqvate and suffioent accounting records, or returns adequate for our audit have not beeA retei¥ed from branches not visited by vs.. or the parent tharita>le tompany financial Statements areffjot in agreement with the atcounting retords and returns- or tertain disdosures of directors, remvneration 5peofied by law are not made.. or we have not received all the information and explanatyons we require for our audit,. or the trustees were not entitled to prepare the finanoal statements in accordance with the small companies. re8ime and takt advaniage of the small companies. exemptions in preparing the directors, report and from the requirement to prepare a strategic reporL Page 16

THE GIRLS, BRIGADE ENGLANDANDWAiES IA company Ilmtted by ¢uaranteel INDEPENDENT AUDITOR'5 REPORTTO THE MEMBERSANDTRUSTEES OFThE GIRLS, BRIGADE ENGLAND AND WALES ICONTINUEDI Respons*llltbes ottwstees As explained more fully in the trustets, responsibilities StatemenL the trustee5 Iwho are also the d1￿ctOrS of the parènt charitable company for the purposes of company lawl are ￿SponSible for the preparation of the financial statements and lor bein8 5atislied that they 8ive a true and fair view. and for such internal control as the trustees determine is necessary to enable the preparation of finanual statements that are free from material misststemenL whether due to fraud or error. In preparing the finanoal ststements, the trustees are resp¢)nsible for assessin8 the group's and the parent charitable company's ability to continue as a going concem. distlosin& as applitable. matters related to going concern and using the going toncern basis ol attounting unless the trustee5 either intend to liquidate the Broup or the parent charitable company or to cease operations. or have no realistic alternative but to do so. Auditoes respon51blllties for the aydll of the finandal slatements We have been appointed avditor under ihe Companies Act 2￿6 and section 151 of the Charities Act 20113ntl report In accordan￿ with those Acts. Our objectives a￿ to obtain ￿8$Onable a55urance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error. and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance. but is not a guarantee that an audit conducted in actordance with ISAS IUKI will always detect a rnaterial misstaternent when it exists. Mi55tatements can arise frgm fraud or error and are considered material il. Individual￿ or in the a88re8ate. they could reasonably be expected to influence the economic decisions of users taken on the basis of these fin￿la1 statements. Irregularities. including fraud. art instances of non-eomplianee wth laws and regulation5. We design procedures in line with our respDnsibilitie5. Outlined above. to detect material misstatements in respect of irregularities. includin8 fraud. The specific procedures for this en8a8ement and the exteni to whith our procedures are capable of detecting irre8ularityes, including fraud is detailed below.. l. We gained an understanding ol the le8al and re8ulatory framework applicable to the group and the sector in which it operates. and tonsidered the risk of such ￿gulatIoNs. induding Iraud. We designed audit pr¢xedvres to respond to the risk. 2. We focused on laws and regulations relevant io the 8roup which tould 8Ne rise tg a rnaterial mi5Staternent in the financial ststements. Our testing included di5cvssions with management. trustees, and those staff with direct responsility for the compliante of laws and regulations. We alsts reviewed legal expenses. 3. We addressed the risk of mana8ement override of internal controls. including the te5tinE of journals and review of the nominal ledger. We evaluated whether there was evidence of bias by management or the tru5tee5 that represented a risk of material misstatement due to fraud. Because of the inherent limitations of an audit. there is a risk that we VAII not detert all irregularities, intluding those leading to a material misstatement in the financial statements or rTron-cofflpliance with regulations. fhis risk increases the more that compliance with a law or regulation is ￿MOVed from the events and transattions refleced in the financial statements. as we will be less likely to ￿cOMe aware of insiances ol non-compliance. The risk is also greater regarding iire8ularities occurrin8 due to fraud rather than error. as fraud Invo￿ intentional concealmenL forgery. collusion, omission or misrepresentation. Pa8e 17

THE GIftiS' 8WGADE ENGLANDAND WALES (A company Ilmlted byyarantsel INDEPENDENT AUDITOR'S REPORTTO THE MEMBERSAND TRUSTEES OF THE GIRLS, BRIGADE ENGLAND AND WALES ICONTINUEDI A further description of our responsibilitie5 for the audit of the financial statements is located on the Financbal Reporting Countil's website at-. www.fr onsibili . This dèstription fornispart of our auditorfs report. Use of our ￿port This report is Mède solely to the charitable company's members, as a body. in accordance with Chapter 3 of Part 16 of the Companie5 Act 20L%. and to the charitable company's trustee5. as a body. in accordance with Part 4 of the Charities (Accounts and Reports) Re8ulation$ 2C4)8. Our audst work has been underraken so that we might state to the charitable cornpany's members and its trustees those matters we are ￿qUired to state to them an auditor's report and for no other purpose. To ihe fullest extent permitted by law. we do not accept or assume responsibility to anyone tsther than the charitable company and its members. a5 3 body. and the charitable Company'5 trustees as a body for our audit work. for this report. or for the opinions we have fornieé. 4e LLf Jane Marshall (Jun 14, 202113.44 GMT+ll Jane Marshall {Senlor sMutory auditor} for antl on behalf ol BHP LLP Chartered Accountants Statutory Auditor 2 Rutland Park Sheffield SIO 2PD Date.. Jun 14, 2021 Pa8e Ig

THE GIRLS. BRIGADE ENGLAMD AND WALES IA tompany limittd by8uaraiiteel CONSOLIDATED STATEMENT OF FINANCIAL A￿1VITIEs IINCORPORAllNG INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 DECEM8ER 2020 As restated Total funds 2019 Restrlrted fund5 Totsl fvnds 2020 lunds 2020 Income from: Donations and legaties Charitable artivities Other trading artivities Investments SIN57 322.wj 33.752 118.1( 19.351 169557 341.720 33,752 4.971 35I13 284.494 424.240 115,844 5,532 900 lJ27 Other income 35.813 Totsl incorne 447,035 138.778 S85￿13 83LOIO Expenditure on: Raisin8 funds Charitable activities S3M 351.784 53.008 489.495 112.489 633.623 io 137.711 Total expefidlture 404.792 137.711 541503 746.112 Net Income bèfore Ilosses)18ains o In¥esiments 42243 1.067 43,310 84.898 Net Ilosse5llRains on lnvestrnents 11.144) 8.585 7,441 13.071 Net rno¥ment in funds 41.0 9.652 50,751 97,969 Reconuliation of fund5: Total funds brought forward as preYiou5ty stated 14A86 644241 120.IXIOI 659,127 120,0001 541,158 Prior year adjustment 23 Total funds brought forward a5 restated Net movement in funds 14J86 41.099 624241 9.652 639,127 50.751 541.158 97.969 Total fvnds carried forward 55385 633￿93 689,878 639.127 The Consolidated Statement of Financial ArtNities indudes all gain5 and losses re¢o8nised in the year. Pa8e 19

THE GIRLS, BAIGADE ENGLANDAND WALES IA companylimiied by guarantrel REGISTERED NUMBER: CK1206877 CONSOLIDATED 8ALANCE SHEET ASA T31 OECEM8ER 2020 As ￿Ststed 2019 2020 Flxed assets Intangible assets Tangible 355Èts Investments 16 26250 5A51 179.961 35,0 3,620 214.520 17 18 211.662 253,140 Current assets Stotks 19 32.￿9 70,742 635.965 37.245 32,512 581.812 Debtor5 20 Cash at bank and in hand 651,569 Creditor5.' arnount5 falling due within one year 21 1166.4871 1146.7431 Net curyent assels 572.289 504.826 Total assèts less cuffent liabililies 783.951 75?,966 Creditors.. amounts fallin8 due after more than one year 22 {51.0731 1118.8391 Total nèt assets 689A78 639.127 Charity funds Restricted funds 24 633￿93 624.241 Unrestricted fvnds Unrestricted funds exdudin8 pension asset Pension reserve 24 178.986 (123.lJ)11 161,725 1146.8391 24 Total unrestricted funds 24 55.985 14.886 Totsl fvnds 689.878 639,127 Pa8e 20

ThE GIRLS, BRIGADE ENGLA￿ AND WALES {A company limited by guarantee) REGISTERED NUMBER: CKJ206877 CONSOLIDATED BALANCE SHEET {CONTINUEDI ASAf31 OECEMBER 2020 The Trustees acknowledge their responsibblities for Complyin8 Wlth the requirements of the Act with respect to accounting record5 and preparation of financial statements. The finanoal statements have been prepared in accordance wilh the provt5ions applicable to enty.tses subject to the small companies re8ime. The financial statements wtrt approved and authorised for ￿sue by the Trustees and ygned on their behalf by.. Joanne Greon8rès5lJun 13, Mrs J Green8ra Ichair of Trustees) Date.. Jun 13, 2021 1 19.'55 GMT*Jl The notes on pases 25 to 55 lorm part of these finanoal ststemen Paee 21

THE GIRLS, BRIGADE ENGLAND ANDWALES IA company lirnited by guaranieel REGISTERED NUMBER.. 00206877 COMPANY BALANCE SHEET AS A T31 DECEM8ER 2020 As restated 2019 2020 Nole Fixed assets Intsngible a55ets Tangible assets Investments 16 26,250 5.451 179.%2 35.IXKI 3.620 214,521 17 18 211.663 253.141 Cwrrènt assets St¢xks 1.732 143.165 589.424 1,760 121,478 535.706 Debtors 20 Cash at bank and in hand 734J21 658,944 Creditors.. amounts fallin8 due within one year 21 1162.0981 1147,7951 Net current assets 572223 Sll.149 Total assets less furrent l￿bIlitIeS 783M6 764,290 Creditors.. amounts falling due after more than one year 22 194W31 1118.8391 Total net assets 689113 645.451 Charityfunds Restricted funds 24 633J93 624.241 Unrestrirted funds General funils 24 96.897 71.152 Revaluation resèrve 86,519 Unrestricted funds extludin8 pensi¢￿ liability Pension reserve 24 178.921 168.049 1146,8391 24 Total unrestrirted fund5 24 55.920 21,210 Total fvnds 689A13 645,451 Pa8e 22

THE GIRiS' 8RIGADE ENGLANDAND WALES IA company Ilmlted by yaranteel COMPANY BALANCE SHEEf ICONTINUEOI AS A T31 DECEMBER 2020 The Trustees acknowledge their responsibilities for complying with the requirements of the Art with respect to accountin8 records and preparation of financial statements_ The financial statements have been prepared in accc￿ance with the provisions applicable to entities subject to the small companie5 regime. The tharitable cornpany has taken 3dvantage of the txtmption allowtd under section 408 of the Companies Art 20C6 and has not presented its ¢)wn statement of financial acliwtie5 in these financial statements. The surplus for the year for the charity only is £44.36212019.. £124.6131. The finzncial st*ernents were approved and authorised for ￿sue by the Trustee5 an(1 si8ned on their behall by.. Joa•neGreengrass (Jufi 13. 2119.'55GMT411 Mrs J Greengrass Ichair of Trustees) Date.. Jun 13. 2021 The notes on pa8es 25 to 55 form part ofthese finantial statements. Pa8e 23

THE 61ftLS' BRIGADE ENGLANOAND WALES {A Company limited bytuaranteel CONSOLIDATED STATEMENT OF CASH FLOWS FOR THE YEAR ENDS031 DECEMBER 3020 2020 2019 Cash flows from operatlne arti¥itses Net cash used in operatin8 activities 27 10.663 52.207 Cash flows frorn investing artlvltles Diwdends, interests and rents from investments Purchase of fixed assets 4.971 5,532 135.2051 Proceed5 from sale of investments 42.IJOD Net cash provlded by/{used In) Itwe5tlnz activlr 43.490 129.6731 Cha￿t in ￿$h and osh *4ui¥alents in tht ￿ar 54,153 22.$34 Cash and cash equivalents ai the be8inning of the ye 581A12 559.278 Cash and cash t4uivalents at the el￿ of the ￿ar 28 635.965 S81.812 Page 24

THE GIRLS. BRIGADE ENGLANOAND WALES IA company Ilmited byiuaranteel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENOED 310ECEMBER 2020 Gtneral inlormation The charitsble company 15 a company limited by guarantee. The members of the company are the Trustees named on pa8e l. In the event of the tompany being W￿nd up. the Irability in respect of the guarantee is limited to £1 per member of the company. Atto￿t￿ ￿l(leS 2.1 8qstsoJprepqmtion oJfinqnriolstotenxnts The finantial staiements have been prepared in acttlrdanee with the Charities SORP IFRS 1021- Attounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Flnancial Reporting Standard applicable in the UK and Republic ol Ireland IFRS 1021 issued in October 2019. the Financial Reportin8 Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Companies Att2C#J6. The Girls, Brigade England and Wales meets the definr(ion of a publit benelit entity under FRS 102. Assets and liabilitie5 are initially recognised at historical cost or transaction value unless othe￿ise stated in the relevant accounting policv. The ¢onsolidated 5tstemeni of finanoal aaNities ISOFAI and ujnsolidated balance sheet consolidate the rinancial statements ol the Group and its subsidiary undertsking. The resvtts of the subsidiary are tortsolidated on a line by line basis. The Group has taken advantage of the exemption allowed under section 408 of the Companies Act 20C6 and ha5 not presented its own staternent of linanual aCti￿tS in these financial statements. 2.2 Goiw co￿eM The group generated an overèll surplus for the period of £50.751 and at 31 Detember 2020 the group had free reser¥es of £147.285. The trustees have continued to Monitor GB Eneland & Wales. finantial position throughout the past year and in particular the impart of COVID-19 on its acfivilies and income. The sustainability plan developed in 2019 is providing GB with guiding steps towards a more 5UStainable future and despite the impart of COVIO-19 G8 has increased the number of re8ular donors ahead of the target foi 2020. In addition fundin8 wa5 secured Ihrou8h DCM5 Coronawrus Support Funé. adrnini5tered by the Lottery Community Fund which ha5 helped GB to provide blended prceramme resources to enable its local community group5 to continue to offer online and tsffline services during the pandemic and explore online ways of providin8 tore training to volunteer leaders. Increasin8 regular donors to the work of the charity alont5ide seeking further 8rants for projects to reduce reliance gn subscripiion income will continue to be needed as we emerge from the pandemic and will provide support while the organisation continues to develop sustainable levels of regular income from members and otheractivities. The trustees are continuing io take steps to efisure that the orÉanisatitsn and its services are shaped to 5UPPOrt the current needs of beneficiaries and the transition to online delNery of some service5 will bring about some cost savings and efficiencies in delivery. The tyustees have prepared forecasts of income and expenditure and cash for a perit)d of 12 months from the date ol approving these finanoal statements which show the 8roup has Sufficient fund5 to be able to continue in operational existence. These forecasts a￿ based upoft current known ineome antl assumptions Page 2S

THE GIRLS. 8RIGAOE ENGLANDANO WALES IA company Ilmited bYE￿lantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENOEO 310ECEIA8ER 2020 A¢¢ountlhg Olcies {cont6nuedl 22 Gwnq (on¢em l<ontinwd) forfutvre income generation that take attount of the vntertainty as we emerge from the pandemit. The trustees believe that their forecasts for the group have been prepared on a prudent ￿51$ and have been subject to realistic sensitivity check5. It is for this reason that they believe it is appropriate tts prepare ihe f1nancial siatements on a going concern basis. 23 Inc<wne All income is recognised once the tompany has entitlement to the intome. Et is probable that the intome will be receNed and the amount of intome receivable can be measured reliably. The recognition of income from legacies 15 dependent on establishin8 entitlement, the probability of receipt and the ability to esiimate with sufficieni accuracy the amount receivable. Evidence of entitlement to a le8aCY exists when the tompany has suffiueni evidence thai a gift has been left to them (through knowledge ol the existence of a valid will and the death of the benefartorl and the executor is satisfied that the property in Questi￿ will not be required to satisfy daims in the estate. Receipt of a legacy must be recognised when it is probable that it will be ￿(eNe{l and the fair value ol the amount receivable. which will generally be the expected tash arnount to be distributed to the Company. can be reliably measured. Grants are included in the consolidated statement ol finanoal a¢tivitie5 on a receivable basis. The balance of income received for speofic purposes but n¢X expended during the period is shown in the relevant funds on the balance sheet. Where income is received in advance ol entitlement of receipL its reco8nition is deferred and included in creditors as defeffed int<wne. Where entitlement occurs before Income 15 rerèived. the income is accrued. Gifts in kind donated for distribution a￿ iAclvded at valuation and recognised as income when they are distributed io the projects. Gifts donated for resale are included a5 income when they are 501d. Revenue for the trading subsidiary is recognised to the exwit that it is probable that the economic benef 11 flow to the entity and the revenue can be reliabty measured. Revenue is measured as the fair value of the tonsideration received or re￿1¥able. excluding discounts. rebates. value added tsx and other sales taxes. Income relating to the Coronaviru5 Job Retention Scheme 15 recoBnised in the period for which the funding is laimed. 2.4 Expenrflture Expenditure is recogni5ed once the￿ is a leeal or construrtive obligation to transfer economic benefit to a Ihird party. it is probable that a transfer of economic benefits will be required ifi settlement and the amount of the obligaiion can be rneasured reliably. Expenditure is classlfied by artivity. The costs ol each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each artivity. Direct Costs attributable to 3 single attlvity are allocated dirertly to that activity. Shared costs whbch contribute to more ihan one actiwty and sUPPOrt Costs which are not attributable to a single actNity are apportii)ned between those activitie5 on a basis consistent with the use of resourtes. Central staff costs are allocated on the basis of time spenL and depreciatlgn char8es allocated on the portion of the assevs use. Page 26

THE GIRLS. 8RIGADE ENGLANDANDWALES (A company limlted by euaranteel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED31 DECEMBER 2020 Accountong politSÈs Icontihued) 2.4 Expendifyre l¢ontiRued) Expenditure on raising funds includes all expenditure inturred by the Group to raise funds lor its charitable purposes and include5 Costs 01 all lundraisin8 activities events 3nd non-tharitable trading. Expenditure on charitsble adivitbes is incurred on directty undertakn"n8 the artivities which further the Group's objectyves. as well as arny associated 5UPPOrt costs. 2.5 Interestrtcefvoble Interest on fL*nd5 held on deposit is included when receivable and the amount can be measured reliably by the group.. this is nomially vpon notilication of the Inte￿$t paid or payable by the institution with whom the funds are deposiied. 2.6 T#Motkn The ￿MpanY is considered to pa55 the tests set out in Paragraph I Schedule 6 of the Finance Art 2010 and therefore it meets the definition of a tharitable company for UK torpotation tax purposes. According￿. the company is poterttially exempi Irom taxation irt respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Char8eable Gain5 Art 1992. to the extent th4t5uch rncome orgains are applied excluswely to charitable purposes. 2.7 Intanglbleossets oftdonwtlsotlon Intangible a55ets art initialty recognised at CQ5t. After reco8nit40n. under the cost model. intangible assets are mea5uretl at cost less any accumulated amortisation and any a¢¢umulated impairment losses. Amortisation is provided on intan8ible a55ets at rate5 calculated to write off the c05t of each ass￿ on a straiEht-line basis ￿tr its expected useful life. Websire costs - 3 years 2.8 Towlblefixedtsssetsqnddeprec￿r10fi Tangible fixed assets are capitalised and reco8nised when future economic benefits are probable and the cost or valve of the asset can be measured reliably. Tangible fixed assets are initialty recognised at cost. After recognition, under the cost model. tangible fixed assets are measured at cost less accumulaied depreuation and any accumulated impairment105se5. All costs incurred to bring a tangible fixed asset into its intended workin8 condition should be intluded in the measurement of cost. Page 27

THE GIRLS. BRIGADE ENGLAND ANDWALES IA company limlted byKuaranteel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 A¢founiin¢ pollcies Icontinuedl Depreciation is charged so as to allocate the cost of tan8ible fixed assets less their residual value over their estimated useful lives. Depreciation 15 prowded on the following bases: Motor vehicles F￿xt￿r*S and littin8S Compuier egvipment 25% per annum IO% per annum 25% per arsnum 2.9 Investmerts Fixed asset investments ?re ? form of financial instrument and are In((¢alty recognised at their transaction cost and subsequendy measured at fair value at the balance sheet date. unless the value tannot be measured reliably in which case it 15 measured at cost less impairment. Investment gains and 105ses. whether reali5ed or unrealised. are combined and presented as 'GainsllL05sesl on investments. in the con501idated statement gf financial artNities. Investments in svbsidiaries a￿ ¥alued atcost less provision for impaimient. 2.10 Stocks Stocks are valued at the lower of cost and net realisable value after makin8 due allowance for obsolete and slow-mo¥in8 Stocks. C05t indudes all dirert costs and an appropriate prOpO￿on of fixeé and variable overheads. 2.11 Dtbto Trade and other debtors are recognised at the setdement amovnt after any trade discount Offe￿￿. Prepayments are valued at the amount p￿paid net of any trade discounts due. Z.12 Cush ot btsnkandin hand Cash at bank aThd in hand include5 cash and short-ierm highty liqutd investments with a short maturity ol three month5 or less Irom the date of acquisition or opening of the deposit or similar account. Pa8e 28

THE GIRLS. BRIGADE ENGLAND ANDWALES IA (vrTrp￿V limited by 8uaraTrteel NOTES TO THE FINANCIAL STATEMENTS FOR TIIE YEAR ENDEC1310ECEM8ER 2020 Accounting poI￿leS Itontinuedl 2.13 ik7blllt*sondproviSAW Liabilities are reco8nised when there is an obligation at ihe balance sheet date as a result of a past event, it is probable that a transfer ol economit benefit will be reqUI￿d in settlement. and the amount of the settlement can be estimated reliably. abilities are reco8nised at the amount that the company antiopates it will pay to Settle the debt or the amount it has ￿eeNed as advanced payments forthe goods or services it must provide. PrOvi￿onS are rneasured at thÈ bÈst estimate of the anh)unts required to settle the obligation. Where the effect ol the tirne value of money is material. the provision is based on the present value of those amount5. discounted at the pre-tax discouni rale that reflects the risks specific to the liability. The unwindin8 of the discount is recognised in the tonsolidated staiement of financial artivities as a finance cost. 2.14 finondol1nstnth￿￿ts The Group only has finanoal assets and finanoal liabilities of a kind that qualify as basic financial in5trumetsts. Basic financial instruments are initialty recoenised at transaction value and subsequentty measured at their settlement value with the exception of bank bans which are subsequently measu￿￿ at amortised cost usin8 the effective Inte￿51 method. 2.15 Operoknq leuses Rentals paid under operatin8 leases are thar8ed to the consolidated 5tstement of ftnancial artivities on a strai8ht line basis (wer the lease term. 2.16 Emplo￿e benefft% oMdpen5iOnS When employees havè rendered ser¥ice to the charity. short-term ernployee benefit5 to which the employees are entitled are recognised at the undi5counted amount expec￿ ro be paid in exchange for that service. The charity operate5 a defined contribution plan for the benefit ol its employee5. Contribution5 are expensed as they becorne payable. The charity also torttributes to The Pensions Tru5tGrowth Plan for its employee5. Thrs is in most resperts a Money purchase arrangement. but does include certain guaranteed benefit elements. The Plan is a multi- employer scheme. Since the charity has entered into an agreement lthe Recovery Plan that determines how èath employer within the scheme will fund the overall deficit). the tontributions paid are shown in the income and expenditure account. Under FRS 102. the fair value of the commitment 15 recognised. The calculation ol their faif value of the commitment is subject to an assumpti¢)n on the discount rate. The discount rate is detefmined by referente to markei yields at the reporting date on high quality bonds. Pa8e 29

THE GIRLS, 8RIGADE ENGiANDAND WALE5 IA company Ilmited by¥￿arantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED31 DECEMBER 2020 Accountin8 policles {£oTrtlnuedl 2.17 Fundaccovntl General fund5 art unrestrirted funds which are available lor use at the discretion of the Trustee5 in furtherance of the general objertives of the Group and which have not been desienated lor other purposes. Restrided funds are funds which are to be used in attordante with spetifit ￿$trictIonS imposed by donors or which have been raised by the Group for particular purposes. The costs of raisin8 and admini5terin8 such funds are char8ed against the speafic fvnd. The aim and use of each restricted lund is set out in the notes to the finanaal statements. Invèstment incomè. gains and1055es are allocated to the appropriate fund. Crltkalacc04ffttinq estlmotesonLlareo5 offvdqmert E5tirnates and judgrnents are continualty evaluated and are based on historical experience ènd other fartors. including expertatsons of future events that are believed to be reasonable Under the circLtmstances. Critical actountyng estimates and assumptiofis= The tompany makes estimates and assumptions tonterninE the future. The resulting accounting estimates and assumptions will. by delinirion. seldom equal Ihe related actual results. The estimate5 and assumptions that have a $18nificant risk of causing a material adjustment to the carryin8 amounts of assets and liabilities within the next financial ￿aT are distussed below. The commitment in resr*rt of the Pensions Trnst Growth Plan is subject to an assumption on the discount rate. Pa8e 30

ThE GIRLS, ORIGADE ENGiANOANO WALES IA company Ilrnbttd by guarantee) NOTES TO THE FINANCIAL STATEMENT5 FOR THE YEAR ENDED 31 DECEMBER 2020 Incoft￿ from thination5 and le8acie5 As restated Total fund5 2019 Unre5trirt*d Rdtricted lunds 2020 Total fund5 2020 Donation5 and legacies Grants SL457 5.530 112.570 56.987 112570 32.668 251,826 51.457 118,ICiI I65￿57 284,494 Total 2019 as restated 24.740 259,754 284.494 In¢ome Irom the De¥ekbpment of the Christlan failh Unrestritted Rtstr•ded lunds funds 2020 2020 Total funds 2020 fund5 2019 Subscriptions Arttvities and carrtp fees Annual meetin8 European fellowship income Intemational olli¢e income 311.376 831 5.201 13.813 316577 14.644 158 333.452 77.686 751 158 1,555 8.386 2.410 8.333 1.491 8.333 IA28 Other intome 337 Tota12020 322,369 19.351 341.720 424,240 Total 2019 341.405 82.835 424.240 Page 31

TME GIRLS. BRIGADE ENGLAND ANDWALES IA tompany Ilmlted by wavanteel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 Income from other trading atti¥l￿t5 Income trorn non thaiitable Irading actl¥itr5 Unrestricled funds 20ZO Total funds 2020 Total fvnds 2019 Trading income Charity trading income 32.683 I,C69 32.683 1.069 113,080 2,764 33,752 33.752 115.844 Totsi 2019 115.844 115.844 In￿Stment inw Unrestritted lunds 2020 Restrlrted funds 2020 Total funds 2020 Total funds 2019 Diwdends received 4.042 1,490 Bank interest 1.327 1,327 1.327 4.971 5.532 Total 2019 828 4.704 5,532 Pa8e 32

THE GIRLS. BRIGADE ENGLAND AND WALES (A company limi￿d byBuaranteèl NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OECEMBER 2020 Other incomkng resources Unrestritted funds 2020 Total funds 2020 Tota1 fund5 2019 Coronavirus Job Retention Scherne income 35.813 35AIJ Rooftop sncome 35.813 35￿13 900 Total 2019 Expenditure on ralsfjng funds Total funds 2020 Total funds 2019 fvnds 2020 Tradin8 expenses Fundraisin8 expenses 36.488 12.125 36,488 12.125 107.724 4.765 48.613 48,613 112,489 Total 2019 112.489 112.489 Page 33

ThE GIRLS. BRIGADE ENGLANDANDWALES IA company Ilmlted by guarantee) NOTES TO THE FINANCIAL STATEMENT5 FOR THE YEAR ENDED31 DECEM8ER2020 Expenditure on raising funds Icontinutdl Other tradin8 expenses Unrestricted funds 2020 Total funds 2020 Total funds. 2019 Administration expenses 4.395 4395 io. Anafysis olexpenditure on charitable artivit Summqrytyfvnd type Ufvrestrict¢d Restrlried fvnds fvnds 2020 2020 Total funds 2020 Tgtal funds 2019 Development of the Christian faith 351,784 137,711 489A95 633,623 Toto12020 351.784 137.711 489.495 633.623 Total 2019 295.526 338,097 633.623 Page 34

THE GIRLS. BRIGADE ENGLANDAND WALES (Acompany lirntted byguara￿te} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 3020 Summary byortlvity ty Total lunds 2020 Total funds 2019 Dirert Costs Swrt costs 2020 2020 Volunteer and Group Support Insurance and Insurance Administration 124.178 124.178 43.995 49.930 28,075 104.963 160.234 43.995 49,930 28.075 87.210 46.893 29.826 38,111 9.788 13.736 56,769 64,427 36,227 135.440 60,509 38,486 49,177 12.630 17.724 Pro8ramme Delivery Programme Development Governance and Strate8y Development Volunteer Equipping Subscriptions Communications and Me¢Jia Presence 17,753 29.826 38.111 9.788 13.7 Networking Fundraising and Donor Mana8ement 471.742 17.753 489A95 631,623 Total 2019 611.404 20.219 631.623 The allotation of the tosts between attMtie5 is basèd on the proportTron of staff time spent on each activity. Page 35

THE GIRLS, 8AJGADE ENGLAKJ ANDWALES IA company limfted by guarnnteÈl NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED31 DECEMBER 2020 ii. Charltable activhles 2020 2019 Rent and raies 29341 8,824 34,357 7.941 30.168 213 29.497 11.208 Telephone and fax Insurath￿S 25,757 5,629 14,283 561 Printin& postage and ststionary Cornputer costs ReCr￿ltMent costs Trainin8 Costs Legal and professional costs Motor and travel costs 127 2.510 ' IA90 4.745 6.036 366 Meeting costs International fees 9.408 610 Subscriptions Attivities and camp tosts Grants and donalion5 6393 19.794 15,599 4269 6.911 38.144 82.883 90.741 4.740 14,256 38.121 4.069 392 The View costs Development ol new 8roups Svndries Bank charges and interest paid Oevelopment costs- PfO8rammÈ Wages and salaries Remeasurement ol penyon stheme National insurance 207 234.383 3.524 14.04D 5.627 1ffi50 17.753 244.396 2,000 16.348 5.746 1,485 20,219 Pension cost Depretiation Governance costs Inote 121 489.495 633,623 Page 36

THE GIRLS, 8RIGADE ENGLANDAND WALES {A company lirnited by 8uaTrnteÈl NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED31 DECEMBER2020 12. Go¥erThance costs 2020 2019 Auditor and accountsncy fees Accountancy fees- outsourced Tru5tees' and executives. travel and rneetingtosts 14.143 2.399 1211 12,582 3.008 4,629 17.753 20.219 13. Net IncomelleMpenditt•re) This is stated after thargin8= 2020 2019 Depretiation of tangible fixed assets owned by the charitable eroup Auditor's remuneration- audit 1.485 9.935 2.647 52.522 10,300 Auditor's remuneration- non audit Operatin8 lease payments 21.IYJ9 Auditor's rernuneration The auditor's remuneration amounts to an Audit fee ol £I0.3￿{2019- £9,935). and accountancy and VAT seryices of £3,84312019- £2,647). 15. Staff costs Group Group 2019 Compary Cornpanv 2019 2020 2020 Wages and Salaries Social seojrity costs Contribution to defined tontribution pension schemes 244.396 16.348 t30.124 14.040 232,3% 16,348 14.040 5.627 5,746 5,627 5.746 254.050 266,490 249,791 254.490 Page 37

THE GIRLS, BRIGADE ENGLANDAND WALE5 IA company Ilmited by ￿￿rantee1 NOTESTO THE FINANCIAL5TATEMENTS FOR THE YEAR ENDED31 DECEMBER 2020 15. Staff costs Icontlnuedl The average numberof persons employed by thè tofflpany during the year was as follow5: Group 2020 No. Group 2019 No. Staff numbers- tharitable aetMtie5 12 13 No employee receb¥ed remuneration amtyJntinB to than £￿.C￿ in either year. None of the triistees. nor any person connerted to them. received any remuneration durin8 the current or precedin8 year. I member of the Trustee Board12019." 81 re￿Ned reimbursed travel e¥penses amountin8 to £lSO 12019. £4721. The tharity 15 htavity reliant upon thè 5UPPOrt of Voluntee￿ who Èr¥e their time to the work of the Girls, Brigade. which cannot be valued. The total amount of employee benefits. indudinR employer's pension contributions and employers. national insurance. received by the senior management team is £95,401 12019 £99.2161. The charity's senior mana8ement team are detailed on p4e l. Page 38

THE GIftLS' BRIGADE ENGLAND ANDWALES IA tornpony Ilmlted byguarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 16. lffitan8ible assets Group and company Websri¢ ¢osis At l January 2020 At 31 December 2020 Amortisation At l January 2020 Charge for the year 8,750 At 31 December 2020 17.750 Net book¥olue At 31 December 2020 26250 At 31 December 2019 35.000 Pa8e 39

GIRLS. BRIGADE ENGLAND AND WALES (A ¢onyany Ilmitsd by w￿rantee1 NOTES TOTHE FINANCIAL STATEMENTS FOR fHE YEAR ENDED 31 DECEMBER 2020 17. Tangible fued a55ets Gro41 and Company Flxwre5 and Computer eqwpment Total Cortor valwtion At l January 2020 Addition5 96.760 120.519 3,481 217279 3,481 At 31 December 2020 124.000 220.760 Depre¢iatlon At l January 2020 Charge for the year 93.140 120.519 213ffi59 1,650 At 31 December 2020 93.920 1.389 215309 Net boo* ￿l￿e At 31 December 2020 2,611 SA51 At 31 December 2019 3.620 3.620 Pagè 40

THE GIRLS. BWGADE ENGLAND AND WALES IA company Ilmited by 8uar•rfel NOTES ro THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 Fimed asset ID¥estments Listed Inve5trnenlS Gmup Costorvoluotloft At l January 2020 Disposals Revaluations 214.520 (42.￿0) 7A41 At 31 Dxember2020 179.961 Net lJoo volue At31 Oecembei2020 179.%1 At 31 December 2019 214.520 The historical tost of listed invÈ5tments held in the group was £93,44312019.. £143,370). In¥esThentsin ilsted Total Costor voluotion At I january 2020 Disposals Revaluations 214.520 (42.(#)tsl 7.441 214.521 {42.OCM)I 7.441 At 31 De(em&er202Q 179.%1 179.962 Netbook ¥trlue At31 December2020 179.961 179.962 At 31 December 2019 214.S20 214,521 The historical tost of listed irwestments held in the companywas E93,44312019.. £143,370) Pa8e 41

THE GIRLS. BRIGADE ENGLAND ANDWAiES IA tompany Ilmtted bywaranteel NOTES TO THE FINANCIAL STATEMENTS FOR niE YEAR ENDED 31 DECEMBER 2030 18. Flxed 455el investments Icontinuedl 2019 Epworth UK Equity Fund Epworth Sterfing Sovereign Bond Epworth Corporate Bond Fund 29.132 105.671 41.339 31,748 140,143 39.793 176.142 211,684 Prlndpal subsidi•rie5 The followin8 was a subsidiary undertakin6 of the company". Prin¢ip4 actl4th1 aass ol H¢)Idin8 G8EW Trading Limited IW39496 sa￿ of uniform5 Ordinary The financial results of the subsidiary forthe year were= ExP￿￿t￿* 110551 fortht Net Illabllille51 G8EW Trading Limited 45.142 112A59) 118.782} Page 42

THE GIRiS' BRIGADE ENGLAND ANDWAiES IA cornpany lim•ted by8uaranl•el NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 19. siocks GTWP 2020 Group 2019 Companv 2020 Companv 2019 Finished goods and goods lor resale 32.069 37.245 1.732 1.760 Debtots Grovp Grtrjp As restated X*20 2019 Company As restateil 2019 Ctffipwy 2020 Trade debtors 17.( 14.451 14.738 5.437 Amounts owed by 8roup undertakings Other debtors 74,745 11.655 42.027 89,499 25,271 1.271 11.655 42.027 16.434 Prepayments and a¢cr4Fed income 1.627 70.742 32.512 143.165 121.478 Page 43

THE GIR(S' BRIGADE ENGiAP4D ANDWALES IA cornpany limited byyaraffloel NOTE5 TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEM8ER 2020 21. Credltors: Amounts fallln8 duewithln one year Group 2019 Camp•ny Companv 2019 2020 2020 Trade creditors 37J04 3.713 28.928 557 37.196 3,812 28,928 557 L969 5.970 Other taxation and social security Pension liability Other creditors Accruals and deferred income S,883 28.oc 5.045 105.171 28.(￿0 11,895 99,961 95,985 91M15 166.487 146,743 162.098 147.795 GfOUP Group 2019 2020 Defèrred intomè ai i January 2020 Resources deferred during the year Amounis released from pre4ious periods 93,424 78.653 193.4241 96.780 93.424 196.7801 . Deftrred irtome at31 De¢ember2020 78￿53 93.424 The deferred income relates to e¥ents occurin8 in fvture periods and subscripiiorts receNed in advance. 22. Credltors: Arnounts faIlM￿ duè after mort than One year Grwp 2020 Group 2019 Company 2019 2020 Pension liability 94.073 118,839 94.073 118.839 The amount tallin8 due after more than frye years is £nil12019- £3.OD)I, repayable by instslments. Pa8e 44

THE GIR￿. BRIGADE ENGLAND AND WALES {A £omp*ry limfted by Buaranteel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED31 DECEMBER 2020 Prlor year adjustments The prior year fi8ures ha¥e been amended to exclude income in the Bristol Development Projert re5trirted fund which had been accrued for in the prior year. The receipt has instead been ￿(08n1$ed as a transfer from the Branches restricted fund as this is the true nature of the transattion. The impart of this adjustmertt is 8 reduction in income for 2019 and net assets at 31 Oecember 2019 01 £20.(￿. The remeasurement of the pengon stheme of £2.(￿0 has been reanalysed in the wior year to charitable actiwties expenditure frorn gains and losses in the SOFA to better reflect the nature of the tost. this has not imparted the nèt assets or movement in funds in 2019. 24. StatemèTht of fund5 ststemenl of funds- ciiirent year A5 rutsted 8olance at I J•r•Jary 2020 Tr¥n￿er5 Galnsl 8•lance at 31 (Losses1 December 2020 Unrestrkted fvrtds General funds- charity General funds- trading Aevaluation reserve 414J52 (383.4W} 1153691 {1.144} 111.250 (6JZ41 32.583 145.142} I￿,783) 71.150 1146A391 ISJ69 86.519 1123.0011 Pension ￿SerVe 23A38 14186 •47￿35 1404.7921 {1.144) 55,985 Restrktedfvnds Matilda Alice Hubbard fund 25.492 13241 25.168 The Irene Bosworth Friendship Fund DCLG Grant 3.707 L765 3.707 202 11.5631 DCLG Start Up Grants 44977 175 129.6051 19,372 175 SLFIYML lrtcomè YUF 4.545 ($061 4.039 DofE Pa8e 45

THE GIRLS. 8RIGADE ÉNGLAND ANDWAiES IA comp￿¥ Ilmlted by ￿3vantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 24. ststementof lunds Itontinuedl Statement 01fv￿. turrent year(Conti•M￿&1 AsreMed lance at i I￿¥•ry2010 Tiansftrn Insl BalarbCÈ at 31 IL055e51 Dec¢mber2020 Build Hope Branches, fvnds 373% 490.126 {36A261 135.9491 793 120.orxii 8585 479A51 Keep On Keepin 1838 11861 618 Bristol De¥elopment Project DCMSCowd 19 assistance 8rant Testo Grant 10.436 153961 20,( 25.040 1261561 73.144 624241 8.778 1137.711) 8.585 633￿95 Totolollunds 639.127 585A (542.$031 7.441 68978 Statement olfvnds- priNyear As reststed 8alance at Gains/ 31 December (Losses) 2019 Balance at l January 2019 As restated Transfer5 inlout As restated Intome Expenditure Unrestricted fvftds General furnds- tharity General funds- trading Revaluation reserve 10.469 370.637 1311.6981 21.929 5.562 96.899 320 Its.080 1119.7241 16.3241 58.079 1170.2461 13.071 71,150 1146,8391 Pensiofi reserve 23.407 1101.3781 483.717 1408.0151 35.oc 5,562 14.886 Page 46

THE GIRLS, BRIGADE ENGLAND AND WAiES IA company limlted byiuaraniee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED31 DECEMBER 2020 Statement otfunds Icontinuedl As restated Balance at Gainsl 310ecember (Losstsl 2019 8alan￿ at l January 2019 As restated Transfers inlovt As ￿$tated Intomè Expenditurè Restrktedfvnds Matilda Alite Hubbard fund 30587 15,0951 25.492 The Irene Bosworth Friendship Fund DCLG Grant 3,707 3,707 1,765 14,3891 6.154 DCLG Start Up Grants 60.294 175 15.1631 16.1541 48.977 175 SLFThML Income YUF 9,795 195 185.357 1155.6071 Iiii 147,6481 1110.4761 135,OCQI 4,545 184 OofE Build Hope 8ranches' lunds 36,860 S[￿1.429 48,184 112.664 37,396 490.126 I20.C(￿l Keep On Keepin On 494 11441 1,438 Bristol Development Project 19.5641 20.CiKI 10.436 642,536 347.293 1338,(YJ71 135,CrfXJI 7,509 624,241 Totaloffvnds 541.158 831.010 1746.1121 13,071 639,127 Matifda Alice Hubbard fvnd Matilda Alice Hubbard left a property to the tharity IA her will speof*al￿ lor the purpose of providing a trainin8 and hdiday horne/c3rnp for the use of charity. Subsequent to her death in 1932. the charity purchased an adjacent property and land and two properties became known as-Holcot"_ The property was sold during the year ending 31 Mzrth 2002 and the proceeds relatin8 to the original bequest were transferred into a specific re5tricttd fund. Ifene Bosworth Frlendship fvnd The Irene Bosworth Friendship Fund ￿ to support leadership znd trainin& Pa8e 47

THE GIRLS. BRIGADE ENGLANDAND WALES IA company1Srnlted by Ruaranleel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED31 DECEMBER 2020 DCIG Grant This fund is to help open new eroups. increase existin8 8rthJps and recruit and equip new leaders in specific geographical location5. DCLG Start Up Grants This fund is available to loc￿ new 8roups being established wa the DaG work. Group5 may apply for one grant up to a maximum of £4.SOO to finanaalfy support the new eroup as it becomes establt5hed and 5elf-5U5taining. SLF/yV￿ Income Thi5 fund is to help open new gmps. increase existine group5 and retruit and equip new leaders atross the London area. YUF The YUF Stronger Foundations grantwas awarded through the Uniformed Youth Fund provided by the Department for Di8ltal, Culture Media and Sport. administered by Youth United Foundation. The 8rant Was 8iven in order to fund work of key stsff in developin8 Sustsinability for GB movin8 f¢)rward. The initial tranche received in 2018 funded core posts io Iree up tapacity to create a susiainability plan and work on redeveloping GB'S new group process. Further tranches in 2019 tontinued to fund core work on implementing the plan. as well as funding new digital infrastructure in the form of a new website and database. Alongside this, further funding under the banner of Reach. enabled GB to grow new and e¥istiAg groups. DofE The DofE Diamond Ftsnd was launched by the Duke of Edinburgh's Award to celebfate its Diamond Anniversary. It aims to enable more disadvantaged youn8 people to take part in the DofE Stheme. As a long-term licenced DofE partner. GB has been tsflering young people the OPPDrtunity to take part in the stheme for many years. Thls additional funding prowded opportunitie5 lor more young people to take part through the funding of equipment and resource packs. Build frlope The Build Hope ProjecL funded thr￿gh a Methodist Connexional Gr3nL aims to Build Hope for 8irf5 and ytrJng women, for the local thurch. and for GB. Through the projett, G8 aims to.. Increase our engagement and partnership with k)cal dvjrches and extend the number of local groups that are delivered acr955 England and Wales. Work with local churches to develop communities of 18-30s women lookin8 to explore the Chrisiian faith Help ro increase the tonfidence of GB leaders and churth members to share their faith at worl school and in the loca1 community. Consult with local churches to enable them to'look out from the Rooftop. io identify the needs of the local communities and develop Sirategies to engage with and share the love of God with those around them. Branches. Funds Branch funds are availabl* for use by the branches concerned and therefore are deemed to be restrictté funds for the purp05es of the financial statements. Keep On Keepin On Koko is a film and digital project for a target audience teenage gids. It provides encouraging and eonstrucrive ews on issues facin8 teenage girf5. pointing them to support a8encie5 on speofic issues e.8. Self-Harm. The initiative also resources youth leaders. wotkine alongside GBEW to release resources that accompany films. for use in youth groups. Page 48

THE GIRLS, BRIGADE ENGLANDANDWALES IA Company limited by Buaranteè) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 310ECEM8ER 2020 Brtstol De¥elopment PToJert The 8ristol Development Fund was set up by the Brrstol Th"strirt of Gids, Brigade England & Wales in fuftd a Development Worker to Èxtend the outreach and mission of Girfs. Brigade in the Bristol area by SeitiTh8 up new groups and new expressions of mission Encoura8in8 more people to become volunteers within Ga's kKal community groups Increasing the nvmber of thildren and young people who participate in GB'S local community grovp5 and 3c¢ivities 3cross the BrTrstol area. OCMS CO?￿d 19 a551stsnceyant The DCMS Covid 19 grant was to mitigate the impart on GB nationally and locèlly. It enabled GB to produte resources to support online and blended delivery.. revise training materials and offer online training to volunteer5.' support core c95t Io 5ubsidise local group subscriptions. Tes¢0 8rant The Tesco 8rant was a Contribution toward5 the desi8n cost ofthe G8@Home ￿SourCeS whith were an immediate response to engaBin8 with young people in the first lockdown. 25. Surnfflary offvnd5 Swmfflary offvnds- ¢urrtnt year As rtstted Baknce t I J￿1￿¥ 2020 G•irtsl BalaDce•t 31 IL055e51 Deomber 2020 in/ryJt General funds 14m6 6Z4.241 447.035 138.778 1404.7921 1137.7111 {1,1441 8.585 55.985 633.893 Restricted fvnds 639.IZ7 S85￿13 1542.5031 7.441 689,878 5ummaryolfvnds- wloryeai As restated Balance at Gains/ 31 December ILossesl 2019 Balance at l January 2019 A5 restated Transfers inlout As restated Income Expenditure General funds 1101.3781 642.536 483.717 347.293 1408.0151 1338.cp371 35,000 135.cthl 5,562 7.509 14.886 624.241 Restricted funds 541.158 831.010 1746.1121 13,071 639.127 Page 49

ThE61RLS' BRIGAOE ENGiAP4DAND WAiE5 IA company limited b¥ ￿a￿￿e*l NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 26. Analysis ol net atsets btheen fvnds Analysls of nèt ass￿$ between funds. curreni pwlod UMe5tr1cted fvnds 2020 Re5trirted fund5 2020 Total fvnds 2020 Tangible fixed assets Intsn8ible fixed assets Fixed a55et in¥estmènts 5.451 26.250 51.989 26350 179.961 127.972 Current assets 232.855 1166,4871 194.0731 505.921 738,776 1166,4871 194.0731 Creditors due within one year C￿dItorS due in more than one year Totol 55.985 633.893 689￿78 Analysls of nèt assets between funds- perood A5 restated Restritted funds 2019 As restated Totsl funds 2019 Unrestritted funds 2019 Tangible fixed assets Intangible fixed a55ets Fixed auet investments 3.620 35.CQO 55.133 184,187 1144.2151 1118,8391 3,620 35.CIJO 214,520 651,569 1146.7431 1118.8391 159,387 467,382 12,5281 Current assets Creditors due within one year Creditors dve in more than one year Total As rèstated 14.886 624.241 639.127 Page 50

THE GIRLS, BRIGADE E￿LANDAN0 WALES IA company limit￿ by tuaranteel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED31 DECEM8ER2020 27. Recon¢llla¢ion ol net rnovefflent In lunds to fash kn¥from opera1* ¥tivitiP5 Group As reststed 2019 2020 Net income for the period las per Statement of Financizl Actimtiesl 50.751 97.969 Adjustmertsfvr.. Depreciation charges Amortisation charges IGainsl/1055es on investments l￿VIdendS and interests from irtvestments Ilncreaselldecrease in stock5 Ilncreaselldecrease in debtors Increaselldecrea5el in creditors Pension deficit adjustments L485 8.750 17,4411 14,9711 5,176 {38.2301 18,816 123.8381 113.0711 15,5321 18741 17,505 121,8681 123,4071 Net (Qsh providedbyoperatingortlvftles 10,663 52,207 Analysts of ia5h and cash eqylvalents Group Group 2019 2020 Cash in hand 635.%5 581.812 Totsl ￿5h qndcosh equlvalents 635.965 581,812 Page 51

THE GIRLS. 8RIGAOE ENGiANDANDWAiES IA tompany Ilmlted byBuarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 310ECEM8ER 2020 29. Anal￿$ of thanges in dt A131 December 2020 At J January 2020 Cash Ilows Cash at bank and in hand S81￿ {28MK+} 54.153 {9281 635,965 128.9281 Debt due within l year S53￿12 53225 607,037 Pension ¢omrnitments Pensions Trust Growth Plan The tompany partiapates in the stheme. a multiornployer sthemÈ wh￿h provides bÈThÈfits to some 950 non- 455OClated partiopating employers. The scheme is a defineé benéfit scheme in the UL It is not possible for the company to obtain svfficient informatton to enable it to account for the stheme as a defineis benefit stheme. Therefore it accounts for the scheme as a defined contribution $cheTh￿. The scheme is subjert to the lunding legislath￿ outlined in the Pensiofts Art 2CW which came into force on 30 December 2005. This, tO8ether with documents issued by the Pensions Re8ulator and Technical Actuarial Standards issued by the FinaThaal Reporting Countil. set out the framework for funding defined benefit occupational pension schernes in the UK. The scheme is classified as a'last-man standin8 arrangement.. Therefore the tompèny is polentially liable for other participating emplo￿r5, obligations if those employers are unable to meet their share of the scheme deficit following withdrawal from the scheme. Participatin8 employers are legally requiretl to meet their share of the stheme deficit on ah annuity purchase basis on withdrawal from the sehen. A full acttsarial valuation of the Stheme was carried out at 30 September 2017. This valuation showed assets of £794.9m, liabilities of £926.4m and a deficit of £131.Sm. To eliminale this fundin8 shortfall. the Trustee has asked the participatin8 ernployers to pay additional contributions tg the scheme a5 follows= Deficit tontrlbution5 From l Aprll 2019t¢J 31Januwy 2025.. £lL243.1￿• ptrann lpffjb￿ monthlyand I￿19$1￿ b¥ 3% eath o•.IstAw"Ill Unless a ¢onees5ion has been a8reed with the Trustee the term to 31 january 2025 applie5. Note that the 5cherne's previous valuation was urried out with an effertNe date of 30 Septernber 2014. This valuation showed assets of £793.4m. liabilities of £969.9m and a deficit of E176.5m. To eliminate thi5 fundin8 shortfall. the Trusteè has asked the partitipating employÈrs to pay additi￿al tontributions to the scherne as follows= Pa8e 52

THE GIRLS. BRIGADE ENGLAND AND WALES (A company linited by 8uarnnteel NOTES TO THE FINANCIAL STATEMENT5 FOR THE YEAR EAIDED310ECEM8ER 2020 Penslon c¢•mmltments (COn￿￿￿e￿} on Istwill The recovery plan contribution5 are allotated to eath participating employer in line with their estimated share of the Series l and Series 2 xheme liabilitiÈ5. whe￿ the stheme is in defitit and where the Company has ayeed to a deh.cti fundin8 arran8ement the tompany recognises a liability for thi5 obligation. The arnount ￿tO￿nIsed 15 the present value of the deficit reduction contribution5 payable under the agreement that relates to the defitit. The present value is calculated using the discount rate detailed in these di5d05ures. The un¥rrindin8 of the discount rate is recognised as a financÈ cost. PRESENT VALUES OF PROWSION 31 De￿Ilthr 1019 31 tlecember 201B Preseni wdlue ol 123ml 147.476 169.903 RECONCILIATION OF OPENIN6 AND CLOSING PROVISIONS PrOod Ehdln¢ 31 t£efflbei 2020 Pèrlo& Emdlh8 31 Decemb￿ 2019 Pr￿n￿on aistart of wiod 147,470 169.SYJ3 Un*indin8 of the disCOUrt f•or (￿tere￿ ewensel 1.496 2.715 128,0861 127.4071 1.115 2.265 Prows¢on at ernd ol wod 123.ujl 147,476 Page 53

THE GIRLS. BRIGADE ENGLAND AND WALES IA cornpany limited by8uarantoel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 Penslon tommltrnents {contlnued) INCOME AND EXPENDITURE IMPACT P¢r6gd Endlwl 31 De￿rnbel 2020 P¢rlod Endkn8 31 December 2019 lrttrest eyn5e 2.715 1.115 2265 Remea5ureffjeThts-amendrnerrt5tothetontrilwAioDSdthlE Cthilrb￿h?nS PANlin ¢e4xtt 011￿Ule se1￿. "include5 deflned contribution schemes and future service contributions li.e. excludin8 any defiot reduction paymentsl to defined benefit sthemes whith a￿ treated as defined contribuiion schemes. To be completed by the tompany. ASSUMpnoNS 31 DecembEr 2010 %pew •nThum 31 Oecember 2019 %perannw JI Decem￿1 2018 %perannum ft•te of rfixounr 0.27 L13 1.75 The discount rate5 Shown above ère the equivalent single discount rates which. when used to distount the future recovery plan contributions due. woylij give the sarne results as uyn8 3 full AA corporate bond yield curve to tliscount the same recovery plan contributs"ons. The followine sthedule detsi15 the de￿t contributions agrte(I between the company and the stheme at eath year end period.. DEFICIT CONTRIBUTIONS SCHEDULE Y¢w endkn4 51 Oeremlxr X120 JI December 2019 31 Deternber 2018 Year I 28.928 28,086 27.407 Year 2 29.796 28.928 28.086 Year 3 30.6 29.796 28.928 Year 4 31.611 30.690 29,796 Year 5 1654 31.611 30,690 Year 6 2.654 31,611 Year 7 1654 Year 8 Pa6e 54

THE GIRLS, BRIGAOE ENGLAND AND WALES IAcompany Ilmltèd by guarnnteel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEM8ER 2020 30. Pension romrnitments Itontynuedl The company must recoBnise a liability measured as the presentvalue of the contributions payable that arise from the deficit retovery ag￿ement and the resulting expense in the income and expenditure account i.e. the unwinding of the discount rate as a finante cost in the period in which it 3rises. It is these contributions that have been used to delive the company's balance sheet liability. 31. At 31 December 2020 the Group and the cornpany had commitments to make futvre minifflum lease payments under norn-tancellable operating leases as follows.. Grovp As restated 2019 (￿an¥ Company As restated 2019 2020 2020 Not later than l year Later than l year and not later ihan 5 years 62238 IiXl.469 61.238 62238 100069 61,238 204.708 204.708 162.707 265.946 162.707 265.946 ai Related party iransattit)nS The charitable tompany owns ILI)% of its subsidiary GBEW Trading Limited. During the year. expenditure was rechar8ed of E4.094 to the subsidiary ¢ompany12019.. E30,3101. At the year end amounts totalling £74.74512019.. £89.4991 are included in dèblor5 owed to the parent charitable company. A provision has been made in the year of £18.848 in relation to the b*ance owe(I by G8EW Tradin6 Lirr4ted. which is the pgrtion of the balance which is deemed to be irrecoverable. 33. Htld in Trust Guildry HOl￿e Fund 5¢wth Ilawns Distrirt Division Al l January 2020 Net gainslll0￿eSj on revaluation At 31 DÈtethr 2020 7.994 Pa8e 55