WOMANKIND (WORLDWIDE} A Company limited by guarantee REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 Womankind Worldwide EQUAL • RESPECTED • PROUD Registered Company No: 02404121 {England and Wales) Charlty No: 0328206 WOMANKIND IWORLDMDEI FOR THE YW< ENDED 31 MARCH 2022 Contents Page Trustees, Report Reference and Adminislratlve Information Inlroduclory Message from the Co-c hairs About Us Our Achievements 2021- 22 Future Plans How Womankind is Run 14 Slal&menl of Trustees, R6sponsibililies 17 Independent AL¢dilor's Report 18 Slalem&nl of Financial Aclivi118S 21 Balance She&l 22 Slalemenl of Cash Flows 23 Notes to the Financial Slalem@nls 24 WOPhANKIND IWORLDWIDEI FOR THE YEAR ENLIED 31 MARCH 2022 WOMANKIND IWORLDWIDEI Company Règistration 02404121 (England and Wales) Charity Registratlon 328206 Ambassadors Dr Kal& Young Baroness Helena Kennedy QC Trustees Siobhan Allen (Co-chair, appointed December 8, 20211 Twasiima P. Birgirwa Icctrchair, appoinled Decèmbef 8, 20211 Rebecca Ols¢hner-Wood (Vice Chair, appointed March 16, 20221 Jenny Jones {Honorary Treasure¥l Maggie Baxter (Chair, retired, rètain8d as Iruslee, December 8, 20211 Roshana Arasaralnam Sophie Efange Lia Larson Susana Leilh Smith FTanGoise Moudoulhe Fenella Porter Juanila Rosenior Lubna Qu'nash (resigned Stsplember 29. 20211 Irelired September 29, 2021 } (resigned Sepl8mber 29, 20211 Chief ExecutSve Caroline Haworth Reglstered Offica Wenlock Studios 50-52 Wharf Road London N17EU Bankers Lloyds TSB Bank plc 399 Oxford Str8&1 London WC12BU Nalional Westminster Bank pl 130 Whilèchapel High Street London E17PS Audltors Haysmacinlyre LLP 10 Queen Street Pla London EC4R 1AG WOMANKIND (WORLDWDEI FOR THE YEAR ENDED 31 MARCH 2022 An Introductory Message from the Co-chairs Womankind iemains resilient in the lace of the unprédiclabilily brought about by the Covid-19 crisis, still Scarring many of the contexts and communit￿S in which we work, and de6pening global economic ciises and shortages, now further aggravated by conflict in Europe. Despite all, we have had a good year in many ways and continued unabated in our collective pursuit of rights for all women. The Covid situation has marred our ability lo travel, convene, be together and to bring others log8lher in solidarity. Never-the-less we have continued lo lind creative ways forward, in particular IhTough tèchnology, and we have leaml from unexpected opportunities. For example, we convened an ev8nl al this year's Commission on the Slalus ofwomen.. Land is Everylhii?g.' Women, cliiTiat8 crisis and extraclivism in Uganda, a Solulion-focused event on th8 twin threats of climate change and exlraclivi$m, highlighting women's voic8s and featuring changemaker panellists from Uganda and aeross the Global South. We were forced lo undertake the event online. so the in-person inleraclion on which our work usually thrives wasn't possible bul il provided the unexpocled benefit of enabling the participation of a more diverse and dispersed group of women, including from the affected communities. For Womankind il has bèen a year of tran8ftion. Rich learning and reflection has been key lo the Completion of Our Feminist Future.. our new strategy lo 2030. especially in relalion lo how beller lo share power with our partners in Alrica and South Asia. We have rèally listened, building on existing evidence, evaluation ol our last strategy and our own experience, and incorporating our partners, allies and other womén's rights aclivisls. perspectives. We have continued lo learn through implemenlalion of our anli-Facism pledge, taking forward internal work on racial justi￿ and colonialily and cenlring Il as a foundational plank of our new strategy 2022-2030. We have deepened our experierbce of flexib18 funding, that is funding which is not lightly resliicted and can be used for ¢ore organisalional support to our partners priorty aclivilies, thanks lo an increase in lègacy income. Our policy and advocacy fund, Her Voice Fund, and our Movement Slrenglhening Fund, have all buiK further on the lesson8 from last year's Resilience Grants. Further. ourwork lo support Afghan wownen's rights aclivisls al a critical lim? has pul thes& amazing women 81 the c8nlre of our plans for expanding our work in South Asia. In addition, throughout the year, Womankind and our partners pushed ahead Successfully with our work lo end vlolence 8gainsl women and girls, support women's political participation and advance women's power over economic resources, continuing lo build momentum and attract support. For example, our large AWESOME project IAdvancing Women's Engagemsnt.. Slrgngthening Opportunitios to Mobilise forEqualily) concluded ils first yearwith very positive repDrts and aLJdil outcomes. This project works lo strengthen movements to be more represenlalive of diverse women, including women with disabilrties, in the context of shrillking civic space. In Nepal, under our PAVE project funded by the British Foreign and Commonwealth Development Office, Feminist Dalil Organisalion, Tewa and Women for Human Rights have been working with elected women across five dislricls, supporting lèadership training and mentoring and connecling with women's groups lo hear their consliluenls, demands. Many of these women leaders have now succeeded in making tangible changes for their consliluenls, demonstrably discrediting the gendered slereolyp@ that women make weak leadersl During the year three of our highly valued trustees stepped down Irom the Board.. Juanila Rosenior, Fenella Porter and Sophie Efange. We are so grateful lo all of them for their important Contributions lo Womankind. In December. Maggie Baxlec stepped down as Chair and returned lo being a trustee. Maggie worked incredibly hard throughout a term of office which was extremely successful, despite the challenges of the times. We thank her Irom the bollom of our hearts for h8r energy, feminist leadership and exemplary stewaidship of the organisalion. Al the preceding September meeting we had been duly elected as Co-chairs and look up our roles in January 2022. In March 2022 Rebecca Olschner-woori was duly elected as our Vice Chair and we very much look forward lo working with her. The forthcomlng year will be our first as Co-chairs of Womankind. We are delighted lo be taking LJP the balon from Maggie al a lime when Ihe organisalion is in good shape, with a clearvision for the lulure and exciting. progressive new strategy in place with which lo deliver on that Vision. We woukl lik8 lo thank the staff of Womankind, our partner8 and allies. our ambas8adors, our fellow Iruslees and our olh8r volunleoTS for their extraordinary work Ihls year. In addition, our sinceresl gialilude is due lo our amazing supporters who continue lo share our commllmenl and lo slep up al the most difficult of limes,. our work would not be possible without you. Siobhan Allen and Twasllrna P. Biglrwa Co-chairs of the Board of Trustees WOMANKIND IWORLDWDEI FOR THE YEAR ENDED $1 MARCH 2Q22 About us Who we are Womankind Woddwide is a feminist, UK-based, women's rights organisalion working ID collaborate 85 part of the women's movement in Iransformalional change in the lives of women in Africa, Asia and worldwide. We are passionate about feminism and anli-racism. This y8ar we continued lo focus pro-actively on anli-racism, working lo delivèr on the ¢ommilMefils we made in our anti-racism pledge and building that work into the fabric ol our organisalion.. hll s'.Ilwww.womankind.o .uklw -conlenVu load 12022104MJomankind-Worldwides-commilment-Io-anli-racism. dl Since our18unch over 30 years ago on International Women's Day 1989. Womankind Worldwide has reached over 48 million women and their families. OL¢r Charitable Objects are.. lo alleviale poverty and lo protect the physical. m&nla1, and emotional h8allh ol women., lo promote equality Df opportunity., lo advance the education ol women.. and lo ￿Vance the sducalion of the public in these issues. To thèse ends. this year our Vision has continued to be a just world where the rights of all women are respected, valued and realised. Vvhilst the interconne¢lèdness ol the issues we work on is increasingly undersl¢X)d, we have also continued lo lever ou¥ Ihemalic expertise to.. Achi@ve an end to all foms of violence against womèn and oirls., Achieve équal influence of women in decision making and ability lo exercise political powei., Secure equal economic rights and control over resources. In pursuit of our Vision, we support women lo IFansform their lives and their communities by working in partnership with women's Tights orgar¢i$alions and movements. We influence international polici85 and practices on women's rights by sharing our knowledge and experience and that of our partn&rs. Further, we influence others lo increase resources to women's rights organisalions and movements,. this is an important part ol our work. Whatwe do Vvomankind establishes 8oltd8rity and partnerships with women's rights OTganisations and movements in our focus Countries, providing practical support and capacity slrenglhening resources in areas guch as information. advocacy and communications. inlersectionalily, documenlalion, research and learning, movement building, and funding and suslainabilily. We eslabllsh relationships ba$ed on solidarity. We respect our partner8, expertise and experience, Seaming from Ih¥m and creating opportunities for them lo share learning with each other and with policy makers and decision makers locally, in the UK and internationally. We support osjr partners with contacts and publi¢ily lo increase their impact, networks and influence. Four key principles underpin OUT work.. Collective action through women's movements: as feminists, we know that chang8 happens and benefits for women's rights are sustained when women orgat)iS8 and mobilise together. The central role of women's rlghts organlsations: we believe in the power of women's rights organisallons which are rooted in the rèalities of Iheii communities and understand the context, problems and solL¢tions for posf(ive change for women. Partnershlp and solidarlty.. we eslablish strong rglalionships with our partner8 and plan programmes with Ihem for joint action and sustainable capacity slrenglhening. Context spe¢lfic approaches.. we recognise there is no 'one size fils 811. solution lo achieve women's lights, and that each programme musl be developed by Ioc81 movements and the women they SLtpport and empow6r. WOMANKIND IWORLDIMDEI FOR THE YEAR ENDED 31 MARCH 2022 Whore we work Our invO￿ement with women's movements and women's righls organisalions in oui focus countries is al th8 heart of what we do. Those countries are currently Ethiopia, Kenya, Uganda, Zimbabwe and Nepal and new work with Afghan women's rights aclivisls has been inilialed. This year Womankind was in partnership with 42 diversg organisations in total, 38 of whlch recelved funding. 20 proJeGts were funded across these countries, also conlribuling lo progre88 with policy and advocacy al the local, national. regional and international levels, This work supported 25,203 Individuals directly and 898.619 Individua15 indlrectly. 700/a of those supported directly wer8 women and giAs and 300/0 men and boys. We provided funding and support lo the following partners.. WOMANKIND IWORLOWIDEI FOR THE YEAR ENDED 31 MARCH 2022 Our Achievements 2021- 2022 Throughout 2021-22 our partners have continued lo push the boundaries on women's rights. whilst contendin9 with the immense and ongoing difficulties presented by the global COVID-19 pandemic and economic pfessures. In our focus countries, the pandemic continued lo Compound existing challenges, including tho suppression of civic space, inhibiting women's livelihL)ods, especially in the informal sector. increasing unpaid care undertaken by women and increasing violence against women and girls. N8ver-Ihe-less, throughout thè yaar Womankind has continued to collaborate on a wide range of partnership projects in our focus countries, as well as lo influence policy and decision makers in the UK and al the global level. For example, th6 E10.7 million AWESOME project {AdvanGing IVc>m&n's Engagemènt.. Slrsnqlhening Opportunities lo Mobilise for Equalily) in Kenya, Uganda and Ethiopia, funded by the Ministry of Foreign Affairs of the Netherlands, $8W great progress during the year, despite delays as a resutt of Covid. This project works ID strengthen movemenls to be mor8 iepresenlalive of diverse women. 11 focuses on sexual and gender-based violence and women's parti¢ipalion and leadeiship. in thè context of shririking civic space. Ethiopian Women with Disability Asso¢ialion IEWDNAI and Siqqee Women's Development Association ISVVDAI in Ethiopia, Wornen Challenged lo Challenge IINCCI and Federation of Women Lawyers IFIDAI in Kenya, National Union ol Women wilh Disabili11os of Uganda INUWODU} and Forum for Women in Democracy IFOWODEI in Uganda, and Womankind, work al th8 r6gional and global levels, boih independently and collectively, lo support and be Tnore represenlalive of diverse groups of women. including women with disabilities. This results in a stronger collective voice with which lo challenge social norms and influence policies and decisions. The project achieved very posltive Year 1 reports and financial audit outcome8, in the fin81 quarter of this financial year. We also continued lo provide ad ho¢, essential emergency stage support, as best we could in a very unpredictable and dangerous situation, to women from Afghanistan who had worked with partners of Womankind over the past decade. This included allempling to secure passage to safely and exerting influence on the UK govefftmenl to act urgently in support of these women, as well as securing support from the Nelherfands government. Conceiving an ongoing programme of 5UPPOrt is in progress and developing this work stream features prominently in our fukure strategy, including plans fof th8 forthcoming yeaT, Further, the work of Afghan women's rights activists is al the centre ol oui plans for expanding our work in South Asia. At the organisalional level. this has been a year of transition and rich learning and reflection for Womankind as we worked lo completè okjr new strategy lo 2030.. Our Feminist Future, and the sub-slralegies Ihal will delivei upon it. We built on existing ewdence. external evaluation of our last strategy and our own experience, and listened lo our partners, allles and other women's rights aclivisls, perspectives. We also 5earnl as we implemented our anli-racism pledge, undertaking work on building knowledge and awaren&ss. addressing microaggr8ssions, and changing the way we communicate about our work and fundraise for it. As we ¢arri8d forward this work on racial jltslice and colonialily, il emerged al the heart ofour new strategy. Wé also deepened our experience ofllexiblefunding. Our policy and adVoC￿Y fund, Her Voice Fund. and our Movement Strengthening Fund, built further on the lessons from last year's Resilience Grants and inspired the development ol additional flexible funds with which lo support the work of our partners golng forward. Oui Financing Sub-slralegy and anli-racisl Funding Charter were completed toward the end Df the year. Finally, during the year we reflected further on the inlerconnecledness of the Ihemalic areas and issues on which we work. This r& demonstrated in the examples of some of the changes achieved over the year below, undér each ol our areas of Ih8malic expertise.. Thematic Area 1: achieve an end to all forms of violence against women and girls Example of Chang8 Achleved.. Women ar8 becoming more aware of their righlg and gaining community support lo report sexual and gender-based violence, inGluding female genilal mulilalion, in Kenya and Uganda As part of the Advancing Women's Engagement.. Slrenglhening Opportunities lo Mobllise for Equality IAWESOMEI projeGI. the Federation of Women's Lawyers Kenya IFIDA} launched a toll-lree telephone numbeT in Murang'a County. FIDA ran legal ¢linics, sensilisalion campai9ns, forums and training with both community members artrd the Gounly's duly bearers on sexual and gender-based violence, with a focus on FGM. Following this wotk the number of cases reported through the toll-free line incieased by over 8000/0 on the previous year. This indi¢ale$ that women are more aware of their rights and there 18 less stigma arid greater community support for reporting sexual and gender-based violence. In addition, COVID-19 led lo an increase in violenc8 8gainsl women and girls., this contributed lo the increase in reporting and is evidence of a beller functioning r¥orting mechanism. WOMANKIND IWORLDWIDEI FOR THE YEAR ENDED 31 MARCH 2022 To compltrmenl increased awareness. FIDA trained paralegals lo handle sexual anct gender-based violence cases, lo creatè a local-level Tapid response system, and lo ensure Ihal awarenes8 raising and advocacy strategies continued lo be effective. The training resulted in the building of a network between the paralegaLs, increased capacity lo handle sexLfal and gender-based violence violations, including in relation lo FGM, and to beller governance of cotnmunily- based organisalions. This changè is significant because il shows that engaging with women and men through community dis¢LJssions alongside legal awareness forums helps lo increase understanding ol their rights and the available routes for reporting, as well as reducing stigma, which ultimately leads lo increased reporting and support for survivors. To view one ol FIDA'S video $9nsilisalion campaigns about FGM, watch here. In addition lo AWESOME, Womankind has funded FIDA lo implement a project on safe spaces for girls and young wornen, challenging FGM in Kajiado East Consliluency in Kenya. This included the cr89lion of a new case documenting tool that will improve cataloguing and dala mallagemenl, and training ol service providers and duly bearers. FIDA is currently oxpanding the training lo additional stakeholders whilst gathering foedback on how the tool is impacting on FGM case reporting. Further. in Uganda, NAWOU has trained COMBAT champions (Community Based A¢lion Teams) lo engage in community sensilisalion and advocacy work, through the RISE UP project. This focuses on building the capacity ol COMBATS lo conduct FGM dialogues and awareness sessions with larget groups su¢h as cultural leaders, FGM cullers end communily-based organisalions. The work focusses on the prevention of FGM, creating sale spaces lor girls in the community who are al risk or survivors of FGM and providing referral palhw8ys for a more robust response system wllh local police, judiciary and service providers. Thèmatic Area 2.. achieve equal influ&nce In decision making and abllity to gxerclse poliU¢al power Example of Change Achleved: Through the PAVE project, elected woman in Nepal are smashing the gendeT slereolype that women are wèak leaders FEDO IFemlnisl Dalil Oiganisglionl, Tewa Women's Funrl and WHR (Women for Human Rights) have been working for two years with 178 elected women across five dislricls of western Nepal. The elected wom8n have been supported with leadership training and mentoring and have been connect8d lo more Ihan 50 women's groups lo hear their ¢onsllluenls' demands. Many of these women were elected lo positions for the first lime, bul the system failed lo support them with training in their roles, and how lo manoeuvie through local political and budgeting processes. 145 of the women have nDW succeeded in making tangible changes for their ¢onsliluents. Changes include negolialing for governm8nl funds lo consttucl roads and lo ￿bUIld schools and health posts, and successes in securing social securily payments for consliluenls, such as disability allowances. 'Iseemys&lfbecomingo better '. leaderthmugh thisprojectasl :. am nowmore wellinlonnedand ensure thatleducate the commun/ty womenasmuch asl ', can through énsuring theyc￿7e * formeetingsandjoln vanous womengroups to be eng&gedin '. theprocessofdeusionm3king oftheirown cammurrity.-Kabit3 Blsta, Deputy Mayor IPhoto credit.. Tewa) In doing so, they are demonslraling the critical leadership role that they play in and for their communities and breaking down the patriarchal gender slereolype that women leaders are 'jusl filling a quota,. Thes8 145 women inclLFde 76 Dalil women ￿adar$ and 2 women with disabiifties IWWDI leaders. Throughout PAVE, partners have told us that their approaGh ol wort(ing with mixed groups of leaders from communities of Dalil, single women loften widows), and women with disabilities, has created a feeling of solidarity and eagerr¢ess lo fight for the issues of all womerb, esp8cial￿ the most marginalised. WOMANKIND IWQRLDWIDEI FOR THE YEAR EWDEO 31 MARCN 2022 atic Area 3.. $8cur8 women's eGonomlc right5 and Control over resources Example of Change Achieved: Strengthening the eC￿feMiniSt movement in Uganda lo protect women's land rights, livelihoods and access lo justic&, "ilnderPOWER we were taughtthatArticl821 and26of the Const/tuti()n 1995states th&t everybody- men 3ndwomgn- hawequalrightstoown landi propertyande¥erything'. Now, we8agungv women learntfro POWER that we have the right to share ourfathÉ)rfsproperty, whetheritls l&ndorotherprop8rty. So when Ugand3 Natlon8lRoadAuthontylYNRAJ compens3tedourfamily forthe ro3dp3ssing through myfatherfs land Ilnslstedandsawtoit tharwélthe threegirlsjsharedwith ourbrothers thesameandequalamounts." Lucy Awoo, Chairperson LCI Ivillage-level Local Council), POWER partlcipant The two year 'Participalion and Opportunities for Women's Economic Rights, jPOWERI project. lunded by the UK Foreign, Commonwealth and Developmenl offi￿ IFCDOI through UK Aid Match IUKAM}, successfully slrenglhened the ew-feminisl movement in four dislricls of Uganda. This is a grassiools movement of marginalised women affected by compulsory land acquisition. who promote and protect women's land rights, land ownership. livelihoods, access lo justice and advocate lor policy change. Working in partn&rship with the National Association ol Professional Environmenlalisls INAPEI and National Associalion for Women's Action in Devélopment INAWAD), POWER slrenglhened the movement by bringing women together in collèctive actions, ranging from class-action liligalion, to one-lo-one knowledge sharing, to setting up group businésses lo generate livelihoods and savings. Women created eco-friendly businessès, 12 of which have now been formally ¥egislered. Women formed or slrenglhened 12 grassroots women's advocacy gTOUPS, exceeding what we had hoped POWER could achieve. POWER'S intention was to support the slrenglhening of a critical mass of women who then organically grow as a movement.. this has been successful, particularly with the Organ￿ emergenGe of local leaders known as 'Land Queens, and both men and women who stepped forward lo be Irain@d as Community Based Paralegals, across the four dislricls. POWER has influenced slate and Gorporale actors to adhere lo èxisting laws and policie8 in relallon lo women's land rights. Oil companies including Total Energies are now including women in Conversations around compensation for lancl., slate inslilulions like the Uganda National Road Authority IUNRAI have 518rted lo actively engage with communities that lodged compensation claims,. and local authorities including ¢ouncils and Elders, groups are taking women's voices into account when making decisions. Al a global level, POWER produced impacllul documentation which has b86n shared in strategic spaces such as the UN Climate Change Conference ICOP261 and CSW66. This is helping lo develop the evidence base on the connection b61ween climal@ justice and women's righls, highlighting the agency of the eco- femiiiist movement in rural areas as a Grilical a¢lor in addressing climate chan9e and furth8r amplifying women's voices. Movemènt stren thenln AII Vwomankind's partnership work is designed lo contribute lo aspects of slrenglhening women's movernenls. as our principal. overarching strategy for achièving women's rights. Two examples of changes delivered through this work foSk)w. Example of Change Achl¢ved: Womankind and partners, contribution to the women's movement securing commilrll8nls during the gk)bal Generalion Equalty Forum. As part of ¢omm8moraling 25 years of the Beijlng Declaration and Plalfoim for Action IBDPfAI, the Generation Equality Fowm look place in Mexico City over Spring and Summer 2021. 11 launched a 5 yEar journey to accelerate equality, leadership and opportunity for women and girls worldwide, aiming for irreversible progress towards gender equality by 2026. Working with partners and allies, Womankind contributed to inlluencing the commitments of the Gender Based Violence Action Coalition Ihrotsgh the UK government, as Action Coalition lead, and UN Woman, as primary conven&r of the GendeT Equality Forum. Through a co-crealed virtual space lor cross-regional exchange and solidarity among Womankind's South Asian and Afiican partners, we shared perspectives on what inlersactional feminist ltradership lo build just and equal futures during and post COVID-19 means for women and girls. This conlribLtrled to positioning 'Global South, femlnisls as thought leaders. Partners also shared innovative accourblabilily strategies lo ensure full implemenlalion of the BDPfA and Gender Equality Forum Comrrilmenls ahead oflhè Beijing+30 review prO￿$S in 2025- 6. This led lo the formulation of a bluepiinl document that outlines specilic measures to IransfDrm the structural and systemic barriers that diverse groups of women face. WOMANKIND IWORLDWIDEI FOR THE YEAR ENDED 31 MAR¢14 2022 Gender Equality Forum commitments from all global sl8keholdefS lolal a USD$40 billion inve51menl (2021-261 in (he re81isation of the BDPfA. As part of the process, Womankind commilled lo resourcing southern based women's rights organisalions and feminist movements lo increase flexible and timely funding for feminist activism.. one of 1,000+ commitments made. This change continues our advocacy story, building on recommendations that we oullinecl in 2020 'Feminisl Movements and the Bei S countries. Vision., written with input from women's rights actors and Womankind partners in Example of Change Achigvod: Community Champions and Feminist School Participants are now relentlessly slrenglhening women's movements in their communities in Zimbabwe through the Building Bridges project. Women's Action Group's Building Bridges for Feminist Movement proje¢l slrenglhened the women'5 movement by slrangthening women'8 "We are notlooking bact WAG has shown leadership capacities. In particular, il 5UPPOrted building bridges between i US the w3y and we are g￿n￿ to contlnue SLFbgioups within the women's movement, particularly inler-generalional followi￿g thatpath even in thè1rabSen￿ in I subgroups. As a result, women leaders across the movement are taking adion. i our communities becJuse we now know I i our rights. / was electéd to be a National Represent6ti￿ for kvomen at Z/mrights in Janu8ry thisyear12022) andl Mllcontinue I to advocate for women s rlghts.. EF)trance T3kaldza, Community Champlon from Masvlngo Communily Champions are now promoting women's rights. For example, in Masvingo District, one woman has formed 30 women's groups tackling issues affecting womèn such as water pioblems. menstrual hygiene. economic empowemenl, gender-based violence, Ghild marriag8 and access lo healthcare. Other Community Champions have formed Income Savings and Loans Groups and are providing voter education, encouraging and mobilising won7en lo participate ahead of the 2023 elections. 100 women and girls who were engaged by Women's Action Group directly and indirectly continue lo lake up leadership and decision~making positions in their communities, For example, one Champion in Masvingo district was recently appointed to be a National Represenlalive for Women al the Zimbabwe Human Rights Association IZimRiohlsl. Women's Action Group's Feminist School has improved confidence among young women, by training them and helping them lo connect with the history of the Zimbabwean women's movement. Two feminists who were trained are now willing and publishing on issues that affect women, feminism and women's Iransformalive leadership. The Feminist School was collaboratively designed and adopled a strong emphasis on inlersecliot)alily. Activists from the Zimb8bwean movemÉnl co-led the school, and womèn's rights organisalions promoted it lo ensure that diverse consliluenls were active￿ invited lo participate. This change tells an important story about collective, grassroots. inlergeneralional aclion, with ycHJng8r generations of aclivisls learning from a long history of activism in Zimbabwean women's movement. Fundralslng Performance 2021-22 was year-four of our Financing Strategy 2018-23 and despite the Covid-19 pandemic we saw supporters maintain their commitment lo women's rights and movemenl slrenglhening with over 10,000 individuals now 8UPPOrting Womankind and our partners with a monthly gift. Our Nepal Emergency Appeal raised over £13,000 in a week 8S SUPPOrters responded quickly when our partners needed urgent support due lo the pandemic. The commilmerbt ol our longer-lerm SUPPDrters was evident in their gifts lèft lo Womankind in their will, which in the last year conlrlbuled over £1million towards our work on women's rights, Our annual Inlemalional Women's Day fundraising Gala event look place in person in Maich 2022 and raised an unprecedented £700.000 foT Womankind and OLfr partners, work. For the most part. existing donois and fund8rs responded well lo requests for flexible funds acknowledging how Crucial long-lerm. core and flexible funding are lo the sustainability of women's rights organisalions and women's movements. We saw several donors agree to sUPPOrt Her Voice Fund- a flexible fund which gives women's rights Drganisalion5 the power lo priorilise and resource the advocacy work which is iarety funded bul can gel laws and policies changed lo improve women's rights. Working remotely and not being able lo travel duiing the year lo collect stories, images and case studies ol the impact our partners, woyk has had on the liv8s of women and girls proved challenging. Likewise, remote working made il harder lo strengthen working relationships with existing donors and lo inlroducg our work lo new pol&nlial donors these are areas we will be priorilising lor 2022-23. VVOMANKIND IWORLDW¢DEI FOR THE YEAR ENDED 31 MARCH 2022 Working with colleagues. partners and trustees wa dèveloped a financing strategy 2022-27 which aims lo build a slable and diverse income base lor Womankind with more unreslriled, core, flexible and long-lerm funding lo re8ch our partners. The strategy also aims lo build our partners, knowledge, Contacts and experience ol fundraising so that they can beller access more long-lerm quality funding dire¢lly, themselves. Alongside this, we want lo ensure that our fundiaising and financing is anli-racisl, that we are shifting the powei further to OLÈr partner organisalions and that we are not portraying the people we and our partners WOTk with and for as victims or wilhDuI agency. We were inspired and heartened IhroLtghoul the year by the generosity, initiative and commitment of all our 8UPPOrters, agreèing lo stand alongside Womankind and our partners. Flnanclal Revlew The Charity a¢hiev8d total unreslriclod and restricted income of £5,919,32712021'. £6.275,4861. The decrease in income was mainly due lo a one-off corporate donation in 2020-21 related lo Covid-19 resFK)nse which was not replicated and current grants fiom the UK Goveinmenl and Comic Relief rèducing in the final year ol the proje¢l as planned. Our Principal funding sources remain d¢verse and include donations from Individuals, Legacies, Trusts and Foundations, and Companies, as well as key grants from the Netherlands and UK Governments and insltiutions such as Comic Rolief. 59Yo of 811 income received in 2021-22 was unreslricled compared to 45Vh in 2020-21. Thls Change was mainly due lo increased legacy income and income from our Gala evenl. Nel income for the year was £1.688.734 (2021: £46,959). Movement in the nel income was due lo decrease in expenditure lor the year. Our expenditure for the year was £4,230.59312020-21'. £6,228,5271. Unreslricled expenditur8 for the year was £2,136,82712020-21'. £3,264.5401. Unreslricled expenditure in the previous year included additional £1.15m of resilien￿ 9ranls given lo partners in response lo COVID 19 pan(lemic. Restricted expenditure was £2,093,76612020-21- £2.963,987}. Decrease in elh current year is mainly due to one large grant of PAVE coming lo end in the current year and over accrual of grants payable In the previous year which were adjusted in the current year. The charity ¢onlinLJ6S lo focus on delivering more for our partners and lo monitor ils cost base and resourcgs lo ensure spending is in line with income forecasts. Fund balances al the end of the year amounted to £4,707.57712D20-21.' £3.018,8431. Unreslrict8d funds amounted to £4,185,577 {2020-21.. £2.895,887} and reslricled funds amounted lo £522,00012020-21.' £122.9561. Reserves Pollcy Womankind is a charity financed mainly by dDnated income. By ils nature, the income is variable as the propensily lo donate is affected by many factors outside the control olthe charity. The Trustees therefore ieview thè reserves regularly to ensure that there are adequate funds lo enable us lo: React lo any unexpected adverse iFnpacl lo our finances and cover any potential future liabilities. Provide uninterrupted delivery of the charity's objectivas lo meet the needs of current and future beneficiaries, r8gafdless of Short lo medium term fluclualions in income and expenditure. The Gharily operates within a Reserves Policy which is reviewed as part of the charity's budgeting and planning processes. The Trustees Gonsider that a suffi¢ienl level of free reserves for the organisalion is between £750k and £1.1 million ol unreslricled expenditure. This has been reviewed and is based on Gore costs included in the approved budget and is still deemed an appropriate level of free reserv85 al this lime. Free reserves iepresenl unr8slricled genoral funds, excluding restricted and design8ltrd funds. Our free rèserves as al 31 sl March 2022 are therefore valued 31 £823,02812020-21.' £778.8631, which is In Ilne wlth thè currenl Reserves Policy. TFuslees are ¢onfidenl that the charily continues to be solvent 10 WOMANKIND IWORLDWIDEI FOR THE YEAR ENDED 31 fiIARCH 2022 Deslgnated Funds In 2018119 the Cfvarily ieceived a very generous legacy of over £2M from a supporter. 11 was agreed by the Board ol Trustees that Iheso funds would be held in a stsp8iate, designated fund. These funds are designated for specifi'c use in advancin9 WDmankind's slralegic priorities. To that end, they are allocated and approved by the Board of Trustees for work lo build momentum behind Womankind's new strategy lo 2030 and must, in the main, be transferred lo our Partners. To this end, much of the spend lo dale has been through flexible Resilionce Grants lo partneis during Covid- 19, Her Volce Fund which provides flexible support lo partners, policy and advocacy inilialivè8 and our Movement strengthening Fund which provides flexible support lo partnèrs, movement slrenglhening aclivilies. Furthor such flexible funds will be implemented in the lorthcoming y8ar. A small proportion of our designated fvnd may be approved for use lo slrenglhèn Womankind organi8alionally, including in relation lo suslainabilily. The Board agréed the pre¢eding year that lulure legacies which exceed £100K would continue lo be added to the pool of designated funds and lo be Similarly allocated for th8 sam8 purposes,. this pollcy has been impl8menled througholtt the 2021-22 financial year. Al 31st March 2022 thè lolal designated fund was £3,382,54912020-21.. £2,117,024). These funds are designated for specific use in advancing Womankind's strategic priorities. To that end, they are allocated and approved by the Board of TrLtslees for work lo build momentum behind Womankind's new strategy lo 2030 and must, in the main, be Iransferr6d to our Partners. 11 is anlicipaled that the currently held designated funds will be expended over the next two lo three financial years. Investment Pollcy Our treasury polley is lo dwersfy our deposit funds (here defined a5 funds over and above what is iequired on a day- to-day basisl in al least iwo inslilulions providing a competitive yield. Some, bul not all of these funds can be plBced in a fixed term deposit bul for a period of no longer than one year. In the light of the 8ubslanlial legacy receiv¥d. Womankind undertook du& dil￿enCe on investment option$ and selected CCLA lo be our investment managers. Th8 investment policy has been reviewed during the yeaT. 11 wa8 agreed Ihgt £1.6m of the cash held in deposit account will be transferred into inveslmenls. Foreign Exchango Policy 11 Is OUT policy lo hold funds in the currency in whlch those funds will be transferred lo partners and Ihèreforg we do not hedge against currency fluclualions or allempt lo predict movements in exchange rates. Future Plans During the 2021-22 year, as well as delivering on our policy and programmes work with our partners and allies, we focussed on completion of new organisalion slralegy lo 2030 and the development of sub-slralegies lor delivery. The prO￿sS has been prolracled as we were affected by Covid-19 and piiorilised ileialion, participation and consensus building, over speed. Our Partners sUPPOrted us with amazing inputs coMmun￿ated through country level Focus Group Discussions. This rooted our strategy and provided inspiration and direction. We are still finalising communications malerlals about th6 new strategy and some of the sub-strateg￿8. In the méantime, we are learning and buildin9 momentum b&hind our new strategic direction, especially in relation lo provision of flexible funds lo women's rights organisalions. We are also undergoing a process ol transformation ourselves, especially in Felalion lo anli-racism, colonialily and gender diversity. Womankind's new strategy comprises 5 mutually reinforcing Strategic Goals through which lo deliver on our Partners, and team members, priorities. 11 WOMANKIND IWORLDWIDEI FOR THE YEAR ENDED 31 MARCH 2022 styatègl¢ GOAI I.. dfftoveffttrnls Strateglc Goo12.. Sliptso1¢ fj(p31 &. th¥eTEE. *nifyi6dWom&nftindteeffl Ihathve$JtsvaJ￿gS S¢￿￿aT￿lY￿￿￿M0Ve￿e￿l Stratsgic Goa5 &, Strai&ylc GDBI I. ailapts dgroHs¥%Ylh hyffliTrlx¢$ 'r•sOur￿￿9 th&revolufjon'. wlh¢or¢4nrlRoxibl8 deco101￿Se0￿rpracOce Womanklnd Worldwlde EQUAL. HESPECTEP.PRDUD The key shifts undar our new strategy aTe= Vve are deepening our femlnlst movemont strengthenlng approach and more expli¢illy embracing inclusion, 8.9, in relation to gender diveisily., We are Centéring anti-raclsm and decolonising our practlco; We are heightening Partners. agency in our purpose and strategy: Partners will become even more key lo our agenda s8tling, priorilisalion and decision-making.. We are revlewlny our f8minisl leadershipg aGcountablllty and governance lo support our Goals. This will fundamentally change our organisalion. including locating more power in thè South, including with our partners., We are breaking the mould in relation to our fomlnlst partnership model, in particular in relation lo power dynamics and funding models, as we priorilisè quality, fl8xible funding for Feminist Organisalions & Movements. The focus points for the 2022-23 year arfr: Finalising our ¥emaining operational sub-slralegies lo deliver on new organisalion strategy 2022-2030. building on what Womankind and Dur partners have leamt about feminist movemenl slrenglhening, anti-racism and colonialily and the Covid and Posl-covid context in which we are now operating. Our Financing Slrolegy and Funding Charter are complete. We will linalise OUT Influencing, Communications. Partnership and Organisation Development Sub- slralegies and new monitoring, evalualK)n and18arning frameworks, over the coming months. Continuing to implement, review and replenish our anli-racism pledge, priorilising our solidarity wilh Black, Indigenous and Women of Colour in the UK and globally, and re-commilling lo overcoming discrimination and inequality.. hll s'.Ilwww.womankind.or .uklw -contenVu IDads120221041Womankind-Wofldwides-com nl.lo- anti-ra¢ism. dl Colllinuing lo learn about iesoL¢rcing flexlble funding for feminist org8nisalions and movements and managing flexible grants funds lo support Partners, activism and policy and advocacy inilialives, including through participatory grant maklng. We will use our resources lo expand existing and develop new Flexible Funds for Partners, in line with our Strategic Goals. Developing a programme of support for Afghan wornen's rights activism and Afghan women's rights organisations and movements. 12 WOMANKIND IWORLDWIDÉI FOR THE YEAR ENDED 31 MARCH 2022 Developing our communications and sharing mal6rials which document our partn8r8' achievements and eXp￿In how wom6n's movements make and sustain change, including delivering a sustainable decolonising communications approach. Maximising opportunities lo collab￿ale with our partners to support their national level policy and advocacy inilialives and influence global policy commitmen18 during the year, in the context of the Covid and po8t-Covid situation, depleted economic conditions and deepenlng ¢onllicl and suppression of civic space, Slr6nglhening our operations managément and building 8uslainable ¢apacty in our Finan¢e & Resources team. systems and processes. Continuing lo increase flexibility and emphasise wellbeing and self-care amongst our own teams and partner women'8 ri9hls or98nisations. Throughout the year, we will conlinL¢è lo learn, adapt lo new circumstances. build our resilience and invest in the résilien￿ of our partners, in order to 5UPPOrt broad, inclusive feminist movement slrenglhening and build the case lor investing in women's rights and women's movements worldwid6. 13 WOMANKIND IINQRLDWIDÉI FOR THE YEAR ENDED 21 MARCH 2022 How Womankind is run Management and Governance Structure Womankind Worldwide is a charitable company liMi18d by guarantee. 11 was incorporated ori 13th July 1989, and registered as a ch3rily on 251h July 1989. In November 2013. the Board of Truslees revised and approved the Articles of Association. A Board of Directors Ilhe Iruslee5} governs Womankind Worldwide. The Board is Tesponsible for the over811 policies and slralégic direction of the charity, along with ils financial and legal probity and appointment of Iruslees. They prepare and approve tho Annual Report and financial slalemenls in accordance with UK accounting standards and to comply with FRS102 Charities Slalemenl on Rocommended Practice. The Board mel 4 limes in 2021-22. These meetings were conducted as hybrid meetings combining some in-persc>n allendance with participation by video link, on Zoom. Day-to-day operational management is delegated lo the Chief Executive, supported by the Senior Management Team. There is one committee, the Finance & ReSoUr￿S Committee {FRCI, chaired by the Honorary Treasurér. The FRC meets quarterty lo consider policy. review progress against largels and undertake an assurance and monitoring role, ullim8tely making recommendations to the Board. 11 reviews finanGial controls, risk, investment and reserves policies regulaily and oversEO8 the audit pro¢ess. Trustees are also called upon by the staff when their own particular skills, experien￿ and expertise is useful lo operational activities and during the 2021-22 year have been fully involved in the ongoing clevelopment of new oiganisalion strategy, Recrultment, induction and Iralnlng New Iruslees are recruited through open advertisement. All trustees are interviewed to ensure that the Board has the balance ol skills and experiencé required lo govern the chawily and oversee delivery of the organisalion's vision, mission and strategic aims. This includes the recruilmenl of Irustees based in our locus regiorbs, in recognition of thfj importance of expertise and experience from the global South in th8 ggvernance and dire¢lion ol the charity. This will become even more important 88 we implement our new strategy lo 2030. New Iruslees hav8 a full induction which includes meeting key staff membeis and familiaris81ion with key policies. They also undergo additional training for example on charily governance, safethguarding, fi'nancial scrutiny and major donor fundraising. The Charity Is r8v16wing ils current governance arrangements against the updated Govern8nce code in 2022 and will address any issues raised. Rernuneratlon pollcy Pay for all staff, is reviewed annually based on cosl-ol-living data. In 2019-20, an exlensive benchmarking exercise was carried out based principally on XpertHR charity sector salary and benefits benchmarking data. in order lo ensure th81 Womankind's salaries al all levels were fair. in relation lo the sector. Womankind's salary scales are based on this data for every level of employee, including the key management peFsonnel consisting of the Chief ExecLJlive Officer and Senior Management Team. This bonchmarking exercise will next be undertsken in 2022-23 to ascertain whelher Womankind's salaries have remained fair, and lo indicato any adjuslmenls lo our pay scales necessary. Wlder ne￿Ork In June 2014, the Charity Commission directed that the charity called Women al Risk ('Ihe linked Charity'l be treated as forming part of Womankind (Worldwido). The effe¢l ol this link means that this single sel of accounts includes balances and Iransaclions lor Women al Risk. Women al Risk does nDI undertake any operations and any donaliot)s made to Women al Risk are included in Womankind (Worldwide) unreslricled income. Womankind Worldwide Inc. is Womankind Worldwide's sisle¥ organisalion based in the US which holds 501lcl3 51alus. A Board ol Directors {who arè US cbtizènsl, governs WomankSnd Worldwide Inc. and they are supported by 8 Company Secretary. In addition, one of the Directors, a US citizen r8sidenl in the UK, is also a Womankind (Worldwide) Iruslee. They use the Womankind (Worldwide) logo and licence to fundraise in the US for Womankind Iworldwidel's work, allowing US ciltiens lo support our work lax-effeclively. Womankind Worldwide Inc. fi'les annual lax returns to the Internal Revenue SeNice. 14 WOMANKIND IWORLDWIDEI FOR THE YEAR ENDED 31 MARCH 2022 Public Beneflt Statement Womankind IWorldwide}'$ objectives. as sel out in its Memorandum and Articles, are to.. Relieve the poverty and sickness and preserve and protect th& mental, physical, Sexual and emDtional health of women in any part of the world.. Promote equalEty of opportunity between men and women in any part of the world., Advanc& the education of women in any part of the woild., Advance the education of the public in any part of the world in subjects relating lo eGonomic conditions, mental, physical, sexual and emollonal health of women and in matters relallng to equality of opportLtnily between men and women throughout the world. In revtewing our aims and ohjeGlives and in planning our future aclivilies, the Iruslees confirm that we have referred lo the Charity Commission's guidance on PLJblic benolil. In particular, the trustees consider how planned activities will conliibule lo the aims and objectives of the charf(y. Details of aclivilie5 to further public benefit are sel out throughout this report. Rlsk Management Risk management is an inlegral part of the governance of the charity. We lake care lo understand and arldress key risks in order lo miligale and manage Ih8ir likelihood and impact. Risk registers are kept which log principal risks and steps taken ID miligale them al different ￿ve1& of the organisalion. Laiger projects each have their own risk register which captures, analyses and monilofs miligalion of operational risks. The Senior Managemenl Team risk register is reviewed quarterfy by the Finance & Resources CommillÉa, and the strategic level risk register by the full Board. In addition, the CEO gives an oral update to the Finance & Recourses Commill8è and Board each quarter. for their review and ir)pul. The Senior Management Team considers major risks and miligaling actions on an ongoin9 basis, as part of their decision-making. The following high-level iisks were identified and are managed through this prc¢ess-. 1. Risk that our slralegy does not deliver demonstrable impact. This would lead lo repulallonal damagè, loss of confidence of key stakeholders in our focus countries and inlerllalionally, and failure lo replicate and expand our aclivilie8. This risk was miligalod by the mainlenancg of a clear. well documented eviden￿ bas8 relating lo our theory of change, inveslmer>l in high quality technical development inputs lo our Pfojecls and maintenance of a stiong focus on learning. Extensive external evaluation ol the strategy during 202Q indicated that strategy th8n was delivering demonstrable impact. however, the miligalx)n approach is being Continued as we enlar a new slialegic pgriod lo 2030. 2. Political context in the UK post Brexit reduces Income from traditional funding sources. This risk was comF)ounded by the merger ol DFID and the FCO and cuts in grant funding available. To miligale thase risks, we continued lo monitor the silualh)n on an ongoing basis, including through sector networks, and lo implement our mediL4m-lerm Financing Strategy, for which the 2021-22 year was the fourth year. A key plank of thè strategy was furthtsr dnfersification of Womankind's funding base. including allracling greater support from major donors and US foundations. Vve also explored allernalive sources of bilateral donor funding, for example through the Netherlands, whilst continuing lo advccale worldwide on the impèrative lo fund international women's r¢ghls WOFk. Our Financing Strategy has be&n revisited in the light of new organisalion81 strategy, with new Financing Slral?gy l(Kussed on stability and maintaining income levels flrtalised and approved by the Board in March 2022. 3. Risk lo beneficiary wellbeing as a result of inadequate vulnerable adult andlor child pioleclion in oui partnership progr8mmes. This could lead inter alia lo serious harm lo vulnerable adults £ndlor children, legal ￿110￿ and repulalional damago. 16 WOMANKIND IWORLDWIDEI FOR THE YEAR ENDEI) 31 MARCH 2022 During 2022 we received sponsorship for our Fundraislng Gala event from Albacore Capital Group, Filch Ratings, Goldman Sachs and Weil, Golshal and Manges LLP, We also continued our long term corporate partnership wilh OpliBac ProbiOl￿S and recew8d donations as a rèsult of saks of their 'For Women, probiotic. statement of Trustee Responsibilities The trustees, who are also director8 01 Womankind WoildwKle for the purposes of company law. are responsible for preparing the Annual Report and Financial Slalemenls in accordance with applicable law and United Kingdom Accounling Standards (United Kingdom Generally Acceplod Accounting Praclicel, including FRS102, the lin8ncial reporting standard applicable in the UK and Republic of Ireland. Compar)y law requires the Iruslees lo prepare financial 51alemenls for each financial year, wh￿h give a true and fair view of the 51ale of affairs of the charitable company and of the incoming r¥sour¢es and appli¢alion of iesour¢es. including the income and expenditure of the charitablè company for th81 period. In prepari￿ the8& financial 51alemenl8, the Iruslees are iequiied lo.. Select suitable accounting policies and then apply them CDnsislentty', Obsarvè thè m8lhods and principle8 in Ihe Charrties Slalemenl of Recommended Practices ISORP), Accounting and Reporting by Charbties.. Make judgments and accounting eslimales that are re3sonable and prud&nl', Slate whether appropriate accounting standards have been followed, subject to any material departures di￿10$ed and explained in the financial 8lalemenls', Prepar& the financial slalemenls on a 'gDing conc&rn' basis, unless it is inapproprlale lo presume that the charitable company wll ¢onlinue in bL¢siness. The Iruslees are responsib￿ for keeping adequate accounting records that disclose with reasonable accuracy al any lime the financial posilioll ol the charitable company and lo enable them lo ensure that Ihe financial slalemenls comp with the Companies Act 2006. They ar& also responsible for safeguarding tho assBls of the charitable company and hence for taking reasonab￿ slep8 for the prevention and detection of ffaud and other irregularities. There is no relevant al￿Trt information of which the charitable Company's audrtors are unaware and the Iruslees have taken all steps that they ought lo have taken lo make themselves aware of any relevant audit information and to establish that the audEtOFS are aware of that inforfnalion. Guarantees Members of the charitable CDmpany {Ih8 trustees) guarantee lo contribute an amount not 8XC86ding £110 th8 assets in the event of winding up. The Iruslees have no beneficial inltrresl in the charilablts company. Audltors The ieport ol the Itustees has been prepared in accordance with the special provisions applicable lo companies subject lo the small companies, regime. Approved by the Iruslees on 6th July 2022 and signed on their behalf by.. Slobhan Allen - Co-chair Twasiima P. Bigirwa- Co Chalr JennyJones-Honorary Treasurer 17 WOMANKIND IWORLDWIDEI FOR THE YEAR ENDED 31 MAR¢H 2012 We review oui safeguarding and safeguarding Telaled policies and procedures annually and undertake awareness raising and Ifaining IOT staff and Iruslees, in order lo miligale this risk. We also providè support on policy and practic8 in relation lo safeguarding lo our partners In the global south. 4. Risk of regulatory or legal action due lo failure lo compty with legislation. Thls could lead lo loss of confidence by partners, donors and other stakeholders. W8 have developed a Medium-t￿M Financial Management Slrenglhening Plan in order to moniloT uptake of recommendations made by our Auditors and strengthen our systems and piocesses in line with the requirements ofouf new slrategy. This plan is regularly monitored and adapted by the Senior Management Team and the Finance & Resources Committee ol the Board of Trustees. In relation lo non-financial risk, we routinely monitor developmènts in fundraising regulation, data protection and Charity CommissK)n requirtrmenls. in order lo assuTe compliance, as wèll as leg31 requirements such as those pertaining lo intellectual property and employment law. for example. 5. Risk lo reputation by association when diversifying our income sources (individuals and organisalionsl who may not be well aligned with our values. This could result in negative media and publicity aflecling key supporter groups and in turn lo withdrawal of funding and other forms of support. To miligale this risk we review our due diligence policy and process annualty, assessing potential donors and partnerships against our ethical policies and values and against external risks, This approach will be reviewed in depth as we implement our anli-racism pledge, Funding Charter and Financing Strategy, in order lo meet the needs of new organisalion strategy 2022-2030. Grant Making Policy Womankind's grants lo partners have Iradilionally been from reslricled funds, where there is an agreed framework and budget in place following detailed assessments of the projects. On occasion, and rnore frequently lallerly, for example on re¢eipl ofalarge legacy, Womankind may make grants from unreslFicled funds. In such a case th8 Iruslees will make decisions based on advice Iiom the Senior Management Team and will seek lo make the grants as flexible as possible, n line with best practice guidancè on flexible funding for women's rights organisations. In all cases. before making a grant, Womankind completes an appraisal of the project and the prowsèd partner organisalions, including in relation lo due diligence. This 8nsures that there is a good slralegic lil between Womankind and the partner, and that the proie¢l Obl￿tIveS are consislenl wilh shaTed prin¢iples and rellecl a cohèrent initiative, which is ¢osl-effeclivg in brin9ing the intended impact. Grants are managed through sp8¢ific agreements with partners, which set out the conditions of the grant, including reporting requiremènlg and when disbursements will happen. Granls are usually disbursed in inslalmenls lo ensure that agreed timlngs and results are being mel and managed. A formal review process is in plac8, and mulli-year grants are awarded following salisfaclory review. We will review our grant making poI￿Y during next year, in line with developments in our ggvernance and power sharlng within Oltr partnership under our new 8lialegy. Womanklnd's approach to fundraising Our suppo¥lers are an integral part ofwomankind's community- in terms oflheir financial support and the role they play in sharing our values, spreading the word 8nd challenging us lo work in a more feminist way. We are committed lo being fully transparent and ac¢ounlable about how their generous gifts are usgd. We are registered with the Fundraising Regulator and follow the Code of Fundraising Pracli¢e, including the policy on dealing with vulneiable people. We keep up lo dale on changing regulation and ensure we comply with il by changing proc68se8 where necessary. We welcome feedback from supporters and regularw use il lo improve our fundraising, In the year ending March 2022 we woiked with 2 fundraising agencies and wilh 5 con8ullanls on particular fundraising inilialiv8s, Wè worked c105ely with all these consullanls by having clear terms of reference in the contracts to ensure they adhered lo the Code of Fundraising Practice and the policy on dealing with vulnerabl8 people. We received I compl3int12021.. NILI abotjl our fundraising which w6 responded to in a timely fashion- this represents Ll.0006°kn of all ftjndraising conlacls made during the year. 16 WOMANKIND (WORLDNDEI FOR THE YEAR EMDED 31 MARCH 2022 Ind&p¢nclent auditor's report to the membÉrs of Womanklnd Worldwide Oplnlon We have audited the financial slalemenls of Womankind Worldwide for the year ended 31 March 2022 which comprise the Slalemenl of Financi81 Aclivilies, Balance Sheet, Slalemenl of Cash Flows and notes to the financial stalemenls, including a summary of significant accounting policios. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Roporting Standard applicable in the UK and Republic ol Ir818nd (United Kingdom Generally Accepted Accounting Praclicel. In our opinion, the financial stalemenls.. give a true and fair view of the stale ol Ihe charitable compantys affair8 as al 31 M8rch 2022 and of the charrf(able company's nel movemeftl in funds, including the income and expenditure, lor the year then ended; have been properly prepared in accordance with United Kingdfm Generally Accepted Accounting Practice.. and have been prepared in accordance with the requirements ol the Companies Act 2006. Basls for opinion We conLlucled our audit in a¢cordance with International Standards on Auditing IUKI IISAS IUKII and applicable law. Our responsibilities undar those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financsal statements ill the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical r8sponsibililies in accordance with these requirements. Wa b81ieve that the audit evidence we have obtained is SLÈff icienl and appropriat8 to provide a basis for our opinion. Conclusions rèlating to going concern In auditing the financial slalemenls, we have concluded that the trustees, use of the going concern basis of accounting in the preparation of the financial slalements is appropriate. Based on the work we have performed, we hav& not identified any materi81 uncertainties relaling lo events or conditions that. individually or collectively, may cast significant doubl on the chafilable company's ability to continue as a going concern for a period of al least Iwelve months from when the financial slalemenls are aulhorised for issue. Our responsibilities and the r8sponsibililies of the Iruslees with respect lo going concern are descrlbed In the relevant sections Df this report. Other infoimatlon The Iruslees are resFx)nsible for the other Inf￿matIon. The other information comprises the information included in th Trustees, Annual Report. Our opinion on the financial slalemenls does not cover the othgr information and, except to the extent otherwise explicitly stated in otsr rBport, we do not express any form of assurance conclusion thereon. In connection with our audit of the financial slatemenls, our responsibility is lo read the other informalion and, in doing so, consider whether the oth8r information is Material￿ inconsislenl with the financial statements or our knowledge obtained in the audit or olh&nNise appears lo be malerialty misslaled. If we identify such material inconsistencies or apparent material misslalemenls. we arg required lo determine whether there is a material misslalemenl in the linancial ylatemenls or a material misslalement of the other information, If, based on the work we have perform8d, wg Gonclude that there is a material misslalement of this other information, we are iequired to report that fact. We have nothing lo report in this regard. Oplnion$ on other matters pr&s¢rlbed by the Companles Act 2006 In our opinion, based on the work undertaken in the course of Ihe audit.. the information given in th@ Trustees, Anrbual Report (which includes the directors. report prepared for the purposes of company law) for the financial year for which the financial 81alements are prepared is consistent with the financial 8talemenls', and the directors, report included within the Trustees. Annual Roport have been prepared in accordance with applicable legal requirements. 18 WOklANKIND IWORLDIIVIDEI FOR THE YEAR END￿ 31 MARCH 2022 Matters on which we are required to report by exception In the light of the knowledge and understanding of Ihe chaiilable company and ils environment Dblainèd in the course of the audit. we have not identified material misslalemenls in the Trustees, Annual Report Iwhich incorporates the directors, report). We have nothing lo report in respect ol the following matters in relation lo which the Companies Act 2006 requires us lo report to you if. in Dur opinion.. adequate accounting records have not been kept by Ihej charitable company., or the charitable company financial statements are not in agreement with the accountin9 records and returns., or certain disclosures of Iruslees, remuneration specified by law are not made., or we have not received all the information and explanations we require for our audit., or the Iruslees were not enlilled lo prepare the financial slalemenls in accordance with the small companies, regime and lake advantage of the small companies, exemptions in preparing the Iruslees, report and from the requirèment lo prèpare a strategic report, Responsibilities of trustoè$ for the financial statements As explain& more fully in the Iruslees. responsibilities slalement sel out on page 16, the trUst￿S (who are also the directors of the Eharilable company for the purposes of company lawl are responsible for the preparation of the financial slalem8nl$ and for being satisfied that they give a true and fair view, and for such internal control as the Iruslees determine is ne￿SSary lo enable the preparalior¢ of financial slalemenls that are free from material misslalemenl, whether due lo fraud or error. In preparing the fvnancial stalemenls. the Iruslees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, mallers related lo going concern and using the going concern basis of accounting unless the Iruslees either intend lo liquidate (he charitable company or to c8a8e operations, or have no realistic allernaliv@ bul lo do so. Audltor's responslblllties for the audlt of the flnancial statement5 Our objectives are lo obtain reasonable assuran￿ about whether the financial slalemenls as a whole are free fr￿n malèrial misslatemenl, whether due to fraud or error. and lo issue an auditor's report that includes our opinion. Reasonable assurance ig a high level of assuranG@, bul is not a gu8r8ntee Ihal an audit conducted in accordance with ISAS IUKI will always delecl a material misslalement when il exists. Misstalemenls can arise from Iraud or error and are ¢onsidered material if, individually or in the aggregate, they could reasonably be expected lo influence the economic ct8cisions ol users taken on the basis of Ihe8e financial slalemenls. Irregularities, including fraud, are instances of non-complian￿ with laws and regulations. We deslgn procedures in lina wilh our responsibilities, OLrtlined abov8, lo delect material misslalemenls in respect of irregularities, including fraud. The exlent lo which our procedures are capable of detecting irregularities, including fraud is detailed below.. Based on our understanding of the group and the environment in which il operates. we identified that the piincipal risks of rion-compliance with laws and regulations related lo Charity and company law applicable in England and Wales and fundraising regulations, and we considereil the exlenl lo which non RÈyonuÈthants R￿E￿￿e Ihcludlfftg go￿r￿￿ent 9Fan15 Are ClEdltred to thEStat*MONt of Flnanc511 Acti￿11¢$￿hett r¢ctiYed ar récè￿&￿1￿wh1chtver li eartler. unlES5 ihèy rÈlatÈ toa d) A*strirtÈd funds allu(Jilllts of managtmtnl ind 5UPPOltcv4ts. vniÈstrlEknd dÈflCIES tsfunr*s¥rktod Incame and expendiw￿. Du51gha¥¢d fuhds Il thEd15cfEIIDtt ihe truJte*3 ITr fuith4rance oltbf obJÉCts of Womanklnd World￿l￿e, E*gqndltut• sup￿rk Losts InclkndÈ the rnanagomenl of the rh?rli4bleioMPaWs asstti. Org￿lS￿lIa￿al mallagÈthÈttfand corrfp1￿n£tWIifv coRstftullDnal slal￿tOry te4ty1iÈmÈnts ahd rqquliEfflent5 oFoDod tharity￿0V￿rnan(e. 24 W•mthkthd Woildwld• Foy tkeyear ondéd 5114arih 2022 W0Th7apkkndWo*ldwidq FoYth¢ VEAF ended 51 Alarch k02I NolE5 to th• Ilnancl4 $14i*m¢r¢ti lThwolblE FLxed Asl•t5 JI D•btoy Tyade vther debtors are ￿(¢￿￿1$gd arthe %•ttlÈMÈnt due &ftei4nytradÈ dlsiounl o11¢r￿. PIÈpaVmellts Yalued at amoubi preNSd MEI olany tradé Cash at baThk In hxnd 14. PtEpaympnti aro not fihanc131 In5lTument5. nl Employee bEn0nt￿terMIn￿ti0n TErmln&llf)M benoflls. In[1￿d￿9 red￿nd￿ncyCQS1s, recognl5qd wh￿￿ thÈ Charky hA5 an obl1gal￿ft to pay thE bEnefiis Lnd ihey can bt Measured ¥elIab￿. ol Op•ratln¥ LtA5e5 Pl cr1t1c￿ estlnwtÈ& 25 WDr*4nkknd YlorWwid• Fol thtyèai 31 March 2022 Worn&nkJhd WorWYrtd* Notos to thi fin4nc￿l 5talornenti IhcprA¢'.'OohaUons •nd lÈgadÈ 2022 2021 R•stslctod 32fj,525 I,OOD,717 1,721,ts0) 3.00 329,525 2S4,004 Logade5 55,630 ,777,43 24,$24 168,403 COmm￿nItY attd EvÈnts 30,QQO 52,F66 Z42.549 Major Dr>nniS Tru515 FDuThdatlons OthÈrs 26,000 3J,839 38.$00 30.47 97.T36 3.270 259,768 31 Inrom* frDm ChArltabl* Atdvltlos Z02Z R,122.060 2,122,060 2.929,S66 2,12Z.060 3.007.780 Ge￿{￿￿1￿￿lG1lnts'. ￿r5￿0 thtyt4rW4rnanklnd recelvEd.. 11 UKGovèrnmEntlFCEQI g13hls lor fDlltvwlhg iwv pfDlects-. IV POWER. Emwweiln9 dS¥pl4ied WOmEn In Uganda {115.goo Izo2 1 (153,1011. 3b IAcomo frLvnTradlng Acti￿1￿3 2022 T￿11 2021 Unfestrlcted GALA Evint 265,DOO 265,000 265.DOO 255,000 IhWtm*ni lThcom 2022 Total NOTE.- 5eE f+Jie 22 lo* cDmpafAIIve athAlysl$ P¥lof yur lth¢oM&*nd *¥p•ndltur• 26 m ¢5 mpl ts* s N * l M O ro ro I IO I WDMa￿kI￿d Worldwld• Foi theyeaf end?d 31 Nlirch 2022 Not& 6.. Grant Makln9 Ellmlnatl E£onomlc EMpoWertnEnt P￿¥CIPa￿￿ Total Afghan Wpmekn'5 R¢sourct Centr 2,570 2.S70 2.648 7.789 EfiNopiA A550¢1Atlon lttr Women's Sancfuaryand aFvfloprnent ￿wSADl Centre ILirA¢cÈlÈrAt4 WomÈn's Economlc Empowerment ICAWEE) 15.000 19.90n Sfiqqee Women's Development Asstsclatltsn ISWDAI 2,285 2,285 20.782 AWESOME Her Volce Fund A￿￿er￿ent 5tiengthenlng Fund Nepal- EMergEnqAppe3121 593.403 593.403 35,£08 30,466 17,000 29,57 16.500 29.SFO 16.500 E9,607 50,000 KENYA federaiion Of WomÈn LavryErs IF.I.D.A) 24,991 24,993 14EPAL 62,066 26.600 88.666 i￿ANDA FTeedom and Ruam i*gaftda IFARU¢I National A5&01iathn of PToFe551o#al Enwronmeniallsts 114APEJ Naiiorol As50clatknn of WoTnen'5 Orgahi2a¢ions In W•nda INAWOi 10,ooL¥ 10.ooo 21.677 20,ofAI 43,154 43.501 21.677 ZIMBABVIE Deaf WtsmÈn Includ8d IDWI 4.936 4,g36 Women ind Land ID Zlmbabw Women In Poli15¢s Sypoii Unlt WPSU) Wutnen's ArE1$atiOn DepreciaEkn Twstees, relmbursed 8xpBn%E5 1.797 9.569 64,807 Qlher 6,DSO Audlt0I5' remuneralion Igx¢ludlng VAT).. 21,00 38.366 28 Vloildwlde Notes to the nnanc141 siAttm4nts For ihe yÈar ¢￿ed 31 March 2022 An￿vIl￿ of itaff irUItÈp5 and thè senlor M•Nagement l&irn, belng 4 dlie¢t¢rs ol dfpaitrnents, and the CEO, The sum lernunerated thcludes 9rtss¥ PAV. Empltye¢5 natlonal Insurantk and ernployeF'S pÈnsl¢n ctsn*rlbutlon5. The chaTlly tiusietswefe not pald or ioctlved atsyolher bEnpllt5 from employment wlth the ch4rlty In Iheyw12021. NIL). No tTUsiÉe5 were fvf an¥ ser￿[￿5 in 2022 12021-. NIL). siaif numb*rs The average olemployees (head (Dunt based ¢n numbel of5tarfernployedl duylny th¢ yearwas as follows.. 1022 èjo. 2011 No. Iminating Vlolence AgAin5tWornen Economlc Empowwmpht Support GoyÈrnance 14.6 29 WDmank5nd W0fi￿d9 N¢t¢s io the flnaKlal s14timeDt5 For the yeai •nded 31 MaTch 2022 10 RÈlatÈd party tray5actlon5 ih? yeai Tiuslees have donaled UnresttiCIEd £3,455 1202Q..EI 5,4501. Other related party ElansaEtlonS are remuneratlon of ¥ aha*ment Pergtsnnel and relmbursement ofexpense5 Of Key Managemeni PÈrsDnnEI'5 are dlsclo$2d In ntslÈ 6 abtsyÈ. 12 Int8mglbl¢ Flxed Ass¢t% 2022 Total cost Dr Y￿¥all0 17,966 At the end of the year 17,966 Arnortlzaiion 1,797 3.593 Chaiye for ihe At the end ol the year 5.39D N¢t bo0kva1￿e At the of theytar At thÈ itÈiT 41 Ehe Cornputql qulprnent 2022 Tot Dst 24,325 34,S43 58,868 At the of ihe year 24,325 27,391 24.325 38.849 S,362 16.2941 5.362 At Ehe Ehd ofthe year 24,325 37,917 N•t b00kv￿ Ai ih& of th•y•4r 13,799 At the starE Dfthe year 20.019 20.019 All ofthé above a55et5 Bre Used ffor ¢harltAbk pu￿05￿5. 30 Womanklnd Worldwlde Notes to the flnanclal Statements For thÈ year ended 31 March 2022 14 Debtors 2022 2021 Trade debtor5 Other debtors Accrued income Prep4yment5 109,085 18.234 1.593,660 14.646 30,D32 1.716,748 35,972 1.735.625 1,782,752 Cr¢dltors'. amounts falllng due wlthlD one year 2022 2020 Taxatlon and soclal seiurfty Trade credltors Attruals Accruals - PartNer5 Advances Accruals- Others 51.864 162,169 32,378 92,196 1.571,463 65,611 2,121,648 74,864 1,851.IQ7 2,321.086 Womankl*d Worldwl&e Notes to the flnandal siatements For the yvai ended 31 m￿Ch 2L>22 16 AMaly515 of ntt assets betsveen funds 21kl2 GeNeral oes1ona￿d Total funds 26,375 6,532,309 1,688,873 1279.6441 2,749,973 2.093.463 N4t ass*ts at the end ofthè 202Z 1.425.OZB 2,762,549 522.QQQ 4,707,577 Analysls of assets be￿￿en fuhds (prlor yeaf 2Q211 Flxed assets 20.019 958.281 36,188 5.303,740 {2,321,0861 2.100.855 2.244,604 Ci¢dii¢rs.' amoufits due wlthln oneyear NEt a55ets at the end olth¢y•ar 2Tr21 77a.162 2,117,024 122,95 3.OIB.842 32 WomoTrklnd Worlthvldq Notè5 to the flnanclal statimifits F*r the veal ended 31 Marth 2022 17a veme￿t5 In Funds Cur¥etstyear At 31 March 2022 Al l Apdl 2021 Imc¢me Expendlture Trans1È ofat Reslllen¢e Giant, Sllqqee & EWDA, Ethlopl3, Bryan Gulnmess Ch3rltabl@ Trust Ltd 'Antsih£r th3ncE, FernPr15t, 7Jmbabwè, Anonymous Donor w GÈnèratlor*, FIDA, Kenya, Muliiple DDhof5 IU51ng Up Agalnsi FGM, NAWOV, Uganda. NlTh15kl Trust. £I￿aTror RathbDhe CT, Allen & No&ia Fergu500 CS, Anonymous Uganda Le5blan Forum, UGALEF, Ugand6. Ahun¥4DOUS Donors Volces of W¢men Media, Nepal Her Voice Funrf. M￿ltIple Partners. CNntrle5, Qonors Muliiplt DDnuf5 (Ampllfylng Volces VAWG, ambabwe I Sa9e Fund (GAME) Acce55 to Jusfsce, NDWA, Nep31, Anonymw5 Donor Nepal EMpr9en£y Ap￿al, multlpll donDrs Fou 5,000 5,025 Y,657 1,904 25 2.633 5,024 3,085 47.000 20,000 47.019 20.000 972 2D.000 0,000 37,193 9,924 2.780 30.050 30,05 18822 8ulldlng BAdges, WAG. Zlfflbabwe, ING Fotsndatlon 38.366 t&t 52,765 95,61 fj 98,928 POWER, NAPE, NAWAD, UgaDda, FCDO PAVE. WHK. Ttwa, FIDO, Ngpal. FCDO AWE50NE, Multlple Partners, Éthlop14, Kenya, Uyanda, 126,599 147.927 47,041 1,887.966 280.229 ReMlldlng Lfve5 Alter VloSen¢e, A￿Atr, Ethiopla. The Blg Glve 6,844 19,82 (16,6701 Facllltating Empltymenl Oppc+rtuttltle5, CAWEE. Ethlopla, The Eig GI￿ 2021 Women Leadlhg Sustain4b￿ CoopBfatlve5, Sllqqee, Ethlopla. Thp Blg Gfve 2020 43,EQQ 43,8DO 37,079 28,214 &865 TDtal re$trlcted funds 122.956 2.381,828 2,093.766 T 10.9B2 52Z.000 Funds Ih defic11 for Covernmeni Grants are elthei due r) Ihe nature of FCDQ granis %thlch are paid In arfÈars. Womankind priflnanctS the ¥rant to PartTrers And th*n rEclalms Ile amounts for FCDO. oiher funds In arrears arE due to ihe accountlng troatffleDI adopted. Grant expendiivre for future yqais has been a(cr￿ed lurwhlle the Income may Thot yeE have been rÈcewed. 17b M¢veMe￿ts In Fund8 c￿rien1 Year At 3? Mafih 2022 At l Apr412021 Incom• Expendlture Transf•r5 Deslynated fund5'. B82,477 236,952 6QO,000 3,261,549 Total de51gnatod funds 882.477 236,952 600,OOQ 3,362,549 Theral funds 778.B63 2.655,022 1,899.875 123,028 Total uThrÈslilcte4 funds 2,895,887 3,537,499 2,136,827 4,185,577 TO¢￿ funds 2022 3.ts18.843 ,9)g,Y27 4.231.593 4,707,577 33 worn&￿￿nd Worldwlde Noiu to th* flnAn¢lal statements For ihÉyear ended 31 Mar¢h 2Q22 1 & kn¢4n NAwoU.Ugind Clol