2024-03-31-accounts

WOMANKIND (WORLDWIDE) A Company limited by 8uarantee REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Womankind Worldwide Reglstered Company No: 02404121 (England and Wales) Charity No: 0328206 *ADEFANEO• 2411012024 COMPANIES HOUSE

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WOMANKIND ￿oRLDwIDE1 FOR THE YEAR ENDED 31 MARCH 2024 WOMANKIND IWORLDWIDE> Contents Page Trustees, Report Reference and Administrative Information Introductory Message from the Co-chairs About Us Our Achievements 2023 - 24 and Future Plans Financial Review 16 How Womankind is Run 17 Statement of Trustees, Responsibilities 22 Independent Atsditor's Report 24 Statement of Financ ial Activities 27 Balance Sheet 28 Statement of Cash Flows 29 Notes to the Flnanclal Statements 30

WOMANKIND IWORLOWIDEI FOR THE YEAR ENDED 31 MARCH 2024 WOMANKIND (WORLDWIDE) Company Registration 02404121 (England and Wales) Charity Registration 328206 Trustees Olga Ghazaryan Ico-chair, appointed 8 June 2023) Lusungu Kalanga (Co-chair, appointed as Co-chair 27 March 20241 Rebecca Olschner-wood (Vice-chairl Vanessa Rice (Honorary Treasurer, appointed 13 Dec 20231 Alison Stiby Harris Dumiso Gatsha Jenny Jones Lauren Dark Lubna Qunash Maggie Baxter CBE Scheaffer Okore Siobhan Allen Susana Leith Smith Tamara Palamakumbura Roshana Arasaratnam (Completed tenure 28th September 20231 Twasiima Patricia Bi8irwa (Stepped down 31, Dec 2023} th th (Completed tenure a5 Honorary Treasurer 13 Dec 20231 Chlef E)recutives Caroline Haworth (CEO, retired post 30 June 20231 Dinah Musindarwezo Ilnterim CO-CEO up lo 2. June 20241 Oisha Sughand Ilnterim CO-CEO up to 2nd June 20241 Sarah Masters Ilnterim CO-CEO up to 2. June 20241 Oiana Njuguna ICO-CEO, appointed 3" June 20241 Disha Su8hand ICO-CEO, appointed 3rd June 20241 Registered Office Shoreditch Exchan8e, 97- 101 Hackney Road. London E2 8JF Bankers Lloyds TSB Bank plc, 3 99 Oxford Street, London WCI 2BU Auditors Haysmacintyre LLP, 10 Queen Street Place, London, EC4R IAG Investment managers CCLA, l Angel Lane, London EC4R 3AB

WOMANKIND IWORLDWIDE) FOR THE YEAR ENOED 31 MARCH 2024 An Introductory Message from our Co-chairs Across the world, women's rlghts organisations and feminist movements are powerin8 change for women, glrls and people of all genders. In pursuit of joy, choice and dignity for all, it is courageous feminist activists that show up time and time again to do the work for liberation and justice. It is the or8anisations and movements they are part of that pave the way for transformative and sustainable change. But the past year has presented extraordlnary challenges for thls vltal work. Under Taliban rule, gender apartheid has reemerged in Afghanistan, with women and gir15 Stripped of their rights and freedoms in almost every area of their lives. There was a sharp rise in femicide cases in Kenya and anti-rights agendas grew in popularity in Uganda and across other governments globally. When we see this injustice and sufferin8 playing out, we know it can feel irnpossible to see a way through. Still, there Is hope. From defending women's land ri8hts in Uganda, to supporting women with disobilities in Nepal to heal from violence. From creating safe spaces for women in elections in Zimbabwe, to ensuring the voices of Afghan women's rights defenders are heard in international space5, From intersectional collaboration within the women's movement in Ethiopia to supporting girls to stand up to sexual harassment in Kenya. Womankind and our partners are addressing the multiple ways that women, girls and people of all genders experience oppression. Together. we are pavln8 the way lor a ferninlst lutuie. Powered by solldarlty, expertlse and collaboratlon, Womanklnd and our partners contlnue to nour15h and stfenethen Ihe diverse feminist ecosystem required to reach these visions. In 2023124 we contSnued rno¥ln8 towards our ambltlons as a women's rlghts or8anlsatlon and funder. We're proud to have supported feminist organisations, local groups and movements across 90 projects and grants. Thi5 included 71 flexible grants throu8h the Movement Strengthening Fund, Her Voice Fund and Strategic Partner Support Grants. This was also the first year that we were able to fund partners in Afghanistan and be8an implementin8 our new Afghanistan Strategy. In addition, we continued bringing people into the Everyday Feminism conversation, showlng the power of everyday feminist actior15 in contributing to change, however small. As we continue to see examples ol leaders puttlng proflt over people, Womankind f eco8nises thls as a plvotal moment of demonstraiing the power of transformatlve feminlst co-leadership. In April 2024, we introduced our two CO-CEOS, Oiana Njuguna based in Kenya and Disha Sughand based in the UK. This new feminist co-leadership journey is rooted in our core values of sharing power and decolonisin8 our practice. Diana and Disha will exercise feminist leadership principles such as equitv, intersectionality* accountability and collaborative deci51on making. We also stepped into our collaboration as the Co-chairs of Womankind's Board of Trustees. We are galvanised by our vision of a future of joy, cholce and dignity for women. girls and people of all genders. Together with the Womankind team, trustees, partners and community of donors and supporters, we remain committed to creating a world where everyone enjoy5 equal rights and freedoms. In the year ahead, we look fO￿ard to co-creatin& collaborating and imagining with our partners across our focus countries. To8ether, we will continue to advocate for and strengthen our movements throu8h flexible funding, feminist partnership, advocacy and innovative programmes. Our work together will continue to address violence against women and girls, advance their economic rights and nourish their leadership and participation. In our trustees, report you will see examples of how we ère working towards our vislon of a femlnlst future. You will hear stories of the transformative impact that our work with women'5 rights organisations and feminist movements is havin8 for women and girls. And like us. after seeing what's Possible when we join in feminist solidarity. we hope you'll be inspired and re-ener815ed in vour commitment to equality and loy for everyone. In solidarity. Olga Ghazaryan and Lusungu Kalanga Co-chairs of Womankind Worldwide's Board ofTrustees

WOMANKIND IWORLDWIDE} FOR THE YEAR ENDED 31 MARCH 2024 About us Who we are and what we do Womankind Worldwide is an international women's rights organisation and funder, working with women's rights organisations and groups and feminist movements across the world to end gender inequality. We take collective action alongside women's rights organisations, feminist movements and activists in Eastern and Southern Africa and South Asia. We partner with these diverse movements. representing women in all their diversities, including women with disabilities, young women, Indigenous women and LBTQl+ women, to challenge inequality, at home. in communities and the workplace. We fund and stren8then these Movements and advocate for change alongside them. Through our distinctive feminist partnership5 approach, we create space for diverse women and groups to come tO8ether as one to demand meaningful change. We aim to balance power and ensure our partner or8anisations are central to our decision-makin8. Since we began over 35 years a80, we have worked with hundreds of women's rights or8anisations and millions of women and their families to change lives and communities. We have influenced governments and other decision- maker5 to commit to endin8 violence against women. enable women to gain economic independence and ensure thelr voices are heard. Over the next decade the world around us will continue to change but our pursuit of equality arbd human rights for all remains unflinching. ' W•ildwldty OVR VIS OurTheory ofchange MOVEMEMT9 TObthRDS A IEMINFsf fUTUiIE OEUEVE.- THWUGH COLIICTIVE ' TOGETW WITH I ACT￿￿ WITH l•A>IEN'S . OUI PARfNEAS WE I pw5 ORGANiWiONS SYRENGTHEII ￿mEN1% I WE AIMNCE. STPQNG, AUThOMOUS WOME￿8 OUR APPROACH

WOMANKIND IWORLOWIDEI FOR THE YEAR ENOED 31 ￿ACH 2024 Our Partners and where we work Here's a look at where we work with our partners. OUR PARTNERS ANO WHÉAE WE WORK AFGHANISTAN IWTrNI I&WNI UGANDA NEPAL 11gEtll Afghanistan - we have a new strategy supporting women's ri8hts organisations and women human rights defenders In Afghanistan and in exile.

WOMANKIND IWORLDIMDEI FOR THE YEAR ENDED 31 MARCH 2024 Our Achievements in 2023-24 and Future Plans Ouryear in numbers 20￿124￿$¥n 9X￿1r¢VeyV)I for l¥'omanklnd.Wo Mopped lui(her inLO wort< as • femltslsk fvnder and we cornlnueo kOV￿ri 'w1￿1¢(￿lI¢¢t1￿ a¢tlonYolih -lomlnii 'inltiatl¥ips 19 In¢f*ased hwimèny fornlThls4 lftjilotlvoJwD 5UPPOrr•d by ft'n Y4°A

WOMANKIND IWORLDWIDE} FOR THE YEAR ENDED 31 MARCH 2024 At Womankind our Vision is... o world where all womeni girls and people of all genders enjoy equol rights and freedoms and live with joy• choice ond dignity. Toward thls Vision, we have a Strategy 2030: Our Feminist Future. Under this strategy we have five strategic goals: l) Sharing power with partners 2) Influencin8 the agenda 3) Resourcing the revolution 4) Decolonising our practice 5) Valuing our team Here are examples of how we worked towards our Strate8y 2030: Our Feminlst Future in 2023-24 and future. l) Sharing power with partners Within our diverse feminist ecosystem, sharing power means we all become stronger. It creates opportunities to exchange learning, strengthens our movements and powers our capacityto create lon8-lasting change for women, girls and people of 11 genders. Here are some examples of how we shared power with our partners in 2023124. Wellbeing at the centre of resilient movements Women's Advocacy for Voice and Empowerment IWAVE111 Is a two-year project dedicated to strengthening the women's movement in Uganda at a time when organisations advocatin8 for the right5 of the most marginalised are bein8 sllenced. 8ringing together six Womankind partners, WAVE11 puts wellbeing right at the centre of its approach. This offers balance and relief through work that can take a heavy emotional toll. The focus on wellbeing wlthln WAVE 11 builds on lon8StandSng support from Womanklnd to our Ugandan partners. Thls support helps to manage burnout and promote self and collective care, which are extremely important for the women's movement to have the power, capability and resilience to thrive. Feminist movements in Zimbabwe reclaiminE and engaging in political spaces In Zimbabwe, Womankind's partners played a crucial role in strengthening women's intersectional politlcal participation in the 2023 national elections. This was hugely important against a backdrop of the two main polltlcal parties actively undermining women's representation at all levels. Womankind shared flexible resources with Women's Coèlition of Zimbabwe WCOZ andw men in Politics S WIPSU through the Collective Action to Realise E ualit CARE ro ect. Funded by Comic Relief partners.. created a safeguarding mechanism for women including trainings on digltal security and physical Safety for those involved in obseNin8 the elettion. led the co-creation of an election strategy received acce55 fund5 to support the work and safety of women standing for leadership ni These inltiatives enabled and strengthened the abilities of women candldates, observers. and human rights defenders to perform their vital work. Womankind's partner Pakasi iti used funds from the 'Lalel Hear Us project to engage LBTQ+ community members in elector31, political and democracy platforms. Pakasipitl holistically sUPPOrted the community from advocacy to havln8 queer people participate as electoral obseNers. This helped to offset fears around safety. and it w35 3 way to re-claim political Space for the community regardless of gender expression or sexuality.

WOMANKIND {WORLDMDE) FOR THE YEAR ENOED 31 MARCH 2024 Future Plans We will deliver successful and compliant programme management and reportlng for our diverse projects portfolio including large scale initiatives such as Advancing Women's Engagement: Strengthening Opportunities to Mobilise for Equality IAWESOMEI in Ethiopia. Kenya and Uganda funded by the Netherlands, Ministry of Foreign Affairs and the Collective Action to Realise Equality{CAREI projert in Zimbabwe funded by Comic Relief. WÈ will launch a new round of the Movement Strengthening Fund and pilot a participatory grant making approach. We will disburse the 2. year grants of the strategic grants pilot and have strengthened knowledge and learning to inform the next cycle5. We will also prepare for a review of our flexible grant-making (strategic grants, Movement Stren8thening Fund, Her Voice Fundl. We will have at least 3 partnerships wlth women's rlghts organlsations in Afghanlstan and be actively supporting them to develop and deliver their priorities. Our work will include advocacy and influencing through Gender Action for Peace and Security IGAPSI and participation in the Human Rights Council session in Geneva in June 2024 with the UN Special Representative on Afghanistan (Richard Bennettl. We will plan activlties related to the 2nd year of the Feminist Partnerships sub-stratebry includln8 work to implement recommendations from an organisation-wide accessibility and inclusion review with consideration for language justice and disability incluslon. With our commitment to learning, we will refresh our approach to Partner learning to strengthen feedback and create spaces with and for partners. We will finalise a new Monitoring, Learning and Evaluation {MELI approach and be ready to roll it out in 2025126. Through a new annual partner survey. we aim to asse55 whether Womankind staff and partners report stronger meanin8ful communlcation and improved working methods. This survey will help determine if these changes enhance open dlalo8ue and relationships. Photo caption= Womankind'5 partners in Uganda convenin8 35 part ofwomen's Advocacy forvoice and Empowerment IWAVE111

WOMANKIND IIIIORLDWIDE) FOR ThE YEAR ENDED 31 MARCH 2024 2) Influencing the agenda Together with our partners, we are part of an influential movement, breaking barriers in how development and advocacy are done. We are influencing the agenda in public discourse, the media and in communities. Here are some examples of how we did that in 2023124. Co-creation at CSW68 Every year, the Commission on the Status of Women ICSWI is convened for two weeks at the UN headquarters in New York. bringing together feminists, women's rights activists and governments from around the world. CSW68 in March 2024 opened a platform for Womankind and our partners to amplify the importance of a feminist approach in influencing gender financin8 to build a just and fair economic system that works for all women and girls. Here are our hi8hlightS: Togetherwlth partners and sector allies, Womankind co-hosted five side events under the AWESOME, CARE and WAVE11 projerts. Across various sessions, we explored gender financing. championed women's economic rights and sparked crucial discussions around unpald care work, insecure livelihood5, land rights and the role of grassroots women's activism in addressing these issues. Influencing the list of Agreed Conclusions- thi5 is released at the end of every CSW and recommends how to achleve gender equality around the priority themes. From our femlnist standpoint, we.. Submitted our key priorities to the UN including calling for a UN Binding Treaty to stop corporate abuse, actlons States can take to value care, and flexible fundln8 for women's rights organisations.. o Participated in the Women's Rights Caucus la global. intersectional and inclusive coalition of over 200 feminist orgs) to respond to the earlier drafts of the text; 0 8uilt relationships with the UK government delegation so that they would put forward our priorities in the ne8Otiatlons on the text with other States. As a re5uIt, Womankind's messaging on areas like care work and debt relief made it into the Agreed Conclusions. Calling for women to be safe at work and safe In societv Through the campaign, #SafeAtWork, #Safeinsociety partners in the Advancing Women's En8agement: Strengthening Opportunities to Moblllse for Equality IAWESOMEI programme Ifunded by the Netherlands Ministry of Foreign Affairs) came together to push for the implementation of International Labour Organisation's Violence and Harassment Convention IC1901. C190 is the first common global framework to prevent, remedy and eliminate violence and harassment In the world of work. Localising the campaign in Kenya, Uganda and Ethiopia, partners mobilised women's rights organisations, disabled women's rights organisation5 and young women-led organisatlons to influence their governments to not only ratify but implement C190. Afghan women's voices heard on the global stage We believe our partners. voices must be heard through meaningful participation globally, reglonally, nationally and locallv. Womankind has been working to amplify Afghan women's voices and keep their issues visible by.. Funding three staff members from Afghan Women Resource Centre IAWRCI and Women's Regional Network IWRNI to participate in the 'Shaplng Feminlst Foreign Policy Conference 2023, AWRC and WRN being in the room ensured that Afghan women's voices were heard in international conversations. It also meant that Afghan women in exile were able to meet other activists,'policy makers and 8overnment officials. Thls is hugely significant within the context of travel restrictions and women being unable to participate in some Afghanistan-related policy spaces. Funding WRN to produce and launch thelr Communlt Conversations re ort 'Afghan Women's Struggle under the Taliban. This feminist research documented the voices of over 1500 marginalised women in conflict iones. 10

WOMANKINO IWORLDIMDEI FOR THE YEAR ENDED 31 MARCH 2024 focusing on the impact of Taliban rule on Afghan women within Afghanistan as well a5 those who have fled to India and Pakistan, o The report was launched at the UK House of Lord5 on 7 December 2023 and in several other locations worldwide. Although this work wasn't part of Womankind'5 original planning for the year, it highlights the importance of responding to an extraordinary situation, as well as sustained effort to keep influencing the aEenda on Afghan women's rights. "Afghon women ore just trying to find a space to raise their voices, tell the reolities on the ground and repeotedly remind the world that we are still here., Maryam Rahmani, Womankind's Advisor/Advocate: Afghanistan Future Plans We will consolidate learnings from Her Voice Fund grant-making and USÈ the learnings to improve our own trust- based grant-making as well as to influence funders and the donor community. We will launch a research paper showing the interconnection between autonomous funding and autonomous voices and hold a convening including partners and informal groups at the AWIO Forum In December 2024. We wlll continue to implement the ILO 190 campaign in collaboration with AWESOME project partners in Ethiopia, Kenya and Uganda. Photo caption.. Janet Anyango from FIDA Kenya at the UN Commission on the Status ofwomen 11

WOMANKIND IWORLDWIDEI FOR THE YEAR ENDED 31 MARCH 2024 31 Re50urcing the Revolution Despite the vital role they play. feminist organisations and movements are massively underfunded. often operating on shoestring budgets, relying on small, short term, and highly restricted grants. At Womankind, we understand that flexible fundin8 is a key part of nurturin8 and 5UStaining feminist movements. It allow5 them to not only survive but thrive. Here'5 how we resourced the revolution with flexible funding in 2023124 and the impart that it's having. Her Voice Fund Her Voice Fund IHVFI continues to set the pace in re-envisioning a shift towards flexible funding for feminist movements. In Cycle 3, we funded the largest number of partners and informal groups since the launch of HVF. with 32 grants made Womankind partners and informal groups. With their HVF grants.. The informal group Kumbekumbe from Zimbabwe are directly impacting young women and girls in Harare through the co-creation of art installations and using that for 'artivism'. HVF'S flexibility offers Kumbekumbe the artistic freedom to deliver innovative artivism to facilitate, engage and advocate on feminist issues. The informal group.TAWUWU in Kenya worked with Kisii communitle5 to understand female genital mutilation and cutting IFGM/CI through a transformative leadership approach. Through HVF, TAWUWU has been able to train its team to be effective change leaders and engage decision-makers in dialogue on FGM. Womankind Partner, the National Indigenous Women's Federation {NIWFI in Nepal is championing for the inclusion and protection of the rights of indigenous women and girls in key advocacy spaces. Movement Strengthening Fund The third cycle of the Movement Strengthening Fund IMSFI was launched in late 2023 and is designed to improve how feminist movements work together so their actions can have a bigger impact. Building on two Èarlier cycles of learning about flexible grant-making, in 2023124, we saw the impact that Cycles 2 and 3 have been making. In Uganda, National Association of Women's Org3ni5ations in Uganda INAWOUI used their MSF Cycle 2 grant to bring together ISO women in the Kikuube Oistrict of Uganda. including 90 refugee women living out of Kyangwali Refugee camp. By doing this, NAWOU created an inclusive, collective and safe feminist space for both U8andan and refu8ee women from varlous diversSties for the first tlme. Our partner Tewa In Nepal worked in collaboration with San8at (a south Asian feminist network) to ensure the experiences and voices of marginalised women were heard. To8ether, they convened 95 youn8 people from three districts for workshops on feminism and women's rights. Tewa and Sangat shared that they witnessed transformation in how the young people who took part engaged with feminism. In Zimbabwe, Deaf Women Included IDWII worked to strengthen the participation of women with disabilities within the mainstream feminist movement. DWI did this through consultations, publishing a research paper, feminist advocacy training and interactive feminist dialogue sessions - all with a view to drive and strengthen disability-inclusive feminist organising. -The creotlon of disobility-inclusive feminist-oriented portnerships drlves support ond informs soclal chonge, which promotes disobility octivism 05 on essentiol ospect of strengthening women's movements. MSF gove us more room to co- reote thefemini5t movement we wont, we wish and we envision." DWI 12

WONJANKIND IWORLDWIDEI FOR THE YEAR ENDED 31 MARCH 2024 Group work discussion Photo caption.. A session at Womankind partner TEWA in Nepal supported by the Movement Strengthening Fund Launch of Strateglc Partner Support Grants As part of Womankind's commitment to makin8 lon8-term, flexible funding available to our partners, in March 2024 we launched Strategic Partner Support Grants. Through this two-year, £1 million pilot, Womankind is providing core funding to 24 partners, wlth a focus on historically excluded and marginalised feminist or8anisations in our focus countries. These grants will support the realisatlon of partner's overall strategies and visions and enable them to work flexibly accordin8 to the need5 of their local contexts and the individua15 and communities they serve. "Flexible fundlng ollows us to respond quickly and effectively to emerging needs ond changing circumstances. This odoptability is cruciol in contexts where i55ues and prioritie5 can shift rapidly" Dibabe Bacha, General Manager of Womankind partner the Ethiopian Women with Disabilities National A550ciation IEWDNAI. Feminist movements and organisations are experts on the issues they work on. They are tackling some ofthe most complex and entrenched issues preventing the realisation of Bender equality. This work requires proper resourcing, trust in local initiatives. and active solidarity with their demands for change. -while existence motters. the life of the people in the frontline ond self<ore matters. It is olso the knowledge that you are trusted to tron5form the community you serve, and thi5 makes the difference in theperception of self- Anne Agar, Managing Director of Polycom Girls 13

WOIIANKIND IYIORLDIMDEI FOR THE YEAR ENDEO 31 MARCH 2024 Future Plans We will review our financing strategy to account for changes in the external environment and the leadership transition at Womankind. We will revise plans where necessary to ensure a robust financing plan to 2027. We will use in-person policy and philanthropy spaces including the UN CSW and the AWID Forum to showcase Womankind, our new strategy and our partners, work alongside building relationships with funders. We will recruit a Resourcing Advisor/ consultant as a pilot to support fundraisin8 for partners in East Africa. We will work alongside our International Women's Day Gala Committee to develop a sustainable plan for future Gala events, set up a Fundraising Board and host an in-person event to build relationships with donors. We will run another online campaign and email appeal programme to strengthen our relationships with online supporters and will roll out our new individual donor recruitment campaign to reach a long-term supporter base that is closely aligned to Womankind's values. We will work with communlcations collea8ues to establish a Structured and sustainable approach to content gathering and pilot content co-creation with partners. 41 Decolonising our practice Womankind is an unapologetically feminlst, anti-racist organisation committed to decolonising our practlce. Thls means reckoning with the colonial past and ensuring anti-raclsm permeates through the strategies. culture and working policles and practices. From our partnerships with feminist organisations and movements, to how we show up as a funder, to how we care for our team, we're workin8 to decolonlse our practice in every area. Storytelllng as a tool for change One way we're working to decolonlse our practlce is through our storytelling. It is a powerful tool for shinin8 li8ht on women's power and agency and it is how we pa55 on herstories of movements, change and resistance. And it 15 5torie5 that water the feminist ecosystem, encouraging us to imagine a decolonised, feminist future. Behind the scenes, we strived to live Our values through our storytellin8 practices and collaborated with our partners to bring the voices of feminist movements to the centre of all our communlcatlons. One of our partners shared "I constantly felt heard and in control of the narrative., Another reflected that "we independently selected the stories of women from our projects. This approach made it easier for u5 to Share our work and highlight the impact we have made in strengthening the women's movement." Antl-raclsm at our core In 2023124 we continued making progress agalnst our anti-racism pledge. We held regular sessions led by antl-racism experts to unpack topics around colonialism. racism. power and solidaritywith the movement. We took steps to ensure that anti-raclsm is at the centre of our strategies. culture. working policies and practices and our funding charter. This work doesn't happen overnight. But we remain committed to constantly learning and working together with humility and integrity to decolonise our practice. Future Plans We will ensure that anti-racism and decolonisation remains key to all aspects of the delivery of our organisational strategy. From the way we communicate to the outside world about our work to the way we implement our feminist partnerships. We will work to ensure our staff and trustees who identify as black and / or people of colour feel valued and have a positive experience of being part of Womankind through delivering actions in our anti-racism pledge and ongoing work through our Organi5ational Culture Workin8 Group. 14

WOMANKIND IWORLOWIOEI FOR THE YEAR ENDEO 31 MARCH 2024 Womankind is committed to employing staff in our focus countries. Alongside ensuring that existing international staff in Kenya have equitable terms and conditions, we will develop structures and systems to employ staff in our other focus countries in line with best practice. 5) Valuing our team Our team of staff and trustees are passionate feminists, dedicated to our vision of a world where women, girls and people of all genders live with joy, choice and dl8nlty. Knowledge, experience and determination combine to form the team that powers Womankind. We are deeply grateful to the whole Womankind team and to those who have made such profound contributions before transitioning to other phases of thelr professional journeys, Introduclng our Feminist Co-Leadership Rooted in our commitments to sharing power and decolonising our practice, in June 2024 Womankind welcomed our new CO-CEOS Diana Nju8una based in Kenya and Disha Sughand based in the UK. Co-leadership represents a paradigm shift in leadershlp and decision-making. It's not lust about sharln8 responsibilitie5,' It's about modelling a femlnlst collaboration based on mutual respect, equity. trust, intersectionality, and a shared feminist vision. We also welcomed our new Co- Chair, Lusungu Kalanga who joins Olga Ghazaryan to lead Womankind's Board of Trustees. Together, OLJr leadership team is committed to ensuring that Womankind remains a beacon of feminist values and a leader in the ecosystem for change, gender equality and equity. We deeply thank Caroline Haworth, Womankind's former CEO and Twa5iima Bigirwa, former Co-chair for their leadership and lastin8 contributions to Womankind's work, Future Plans We will use learning and feedback from our annual staff surley to further developing ourfeminist organisation in which all staff are valued and f lexibility and wellbeing are prioritised. We will develop a Wellbeing Strategy for all staff which offers opportunities and options to support wellbeing and is suitably resourced. We will continue to 5tren8then our work on organisational cultu re through our Or8arbisational Culture Working Group initiatives and our annual residential Feminist Futures Week where staff from all locations connect in person to build strong working relationships. Fundraising Performance 2023-24 was the second year of our Financing Strate8y 2022-27 (developed wlth colleagues, partners and trustees) which aims to build a stable and diverse income base for Womankind with more unrestricted, core, flexible and lon8- term funding to reach our partners. This strategy also aims to build our partners, knowledge, contacts and experience of fundraising so that they can better access more long-term quality funding directly, themselves, In addition, we are striving for our fundraising to be anti-racist and to ensure that we are not portraying the people we. and our partners work with and for as victims. Once again, this year our passionate supporters inspired us with their generosity, f lexibility and determination, reinforcing their commitment to Womankind and our partners. We were delighted that our annual International Women's Day fundraising Gala event continued to go from strength to strength thank5 to the incredible generosity of guest5 on the night and unwavering commitment of our volunteer Gala committee. The event in March 2024 once again raised over £1.2million for Womankind and our partners, work. 15

WOMANKIND IWORLDWIOE) FOR THE YEAR ENDED 31 MARCH 2024 We were encouraged that our new online initiative to bring on board new supporters to join Womankind showed early signs of success with our bolder femirnist stories closely aligned to our strategy and values resonating well with this new audience. We continued our work to convince trusts and foundations, individual donors and corporate donors of the impact of long-term, core and flexible funding on women's rights organisations and feminist movements. A growing number of supporters including the William and Flora Hewlett Foundation chose to cornmit to Her Voice Fund - a flexible fund which gives women'5 rights orEanisations the power to prioritise and resource the advocacy work which is rarely funded but can get laws and policies changed to improve women's rights. However, during the last year we have continued to see turbulence in the external environment including the ongoing war in Ukraine, the war in Gaza and the ongoing cost of living and energy crises which have impatted on the support from both individuals and trusts and foundations with many understandably, either scaling back on their donations or prioritising urgent 5ituation5. We are usin8 this learnin8 and experience to adapt plans for next year makin8 the most of our storytelling and external engagement opportunities to continue to inspire and galvanise existing supporters and attract new f undin8 partTrership5. Financial Review The Charity achieved total unrestricted and restricted income of £5,146,566 {2022-23.' £5,381,394). The decrease in the year was mainly due to an agreed reduction in income for AWESOME which is funded by the Netherlands Ministry of Foreign Affairs. Our funding sources are diverse and Include donations from individuals, legacies, trusts and foundations, and companies, as well as key grants from the Netherlands las noted earlier) and UK institution5 Includin8 Comic Relief. 63% of all income received in 2023-24 was unrestricted compared to 59% in 2022-23. Our expenditure for the year was £5,779,80812022-23'. £4,779,063). Thls Increase in spend mainly occurs under Women's Economic Rights as we provided more support to partners via our Her Voice Fund and Movement Strengthening grant programmes this year. The charity continues to focus on deliverlng morefor our partners and monitoring its cost base and resource5 to ensure spending is in line with income forecasts. In this year the exce55 of expenditure over income is covered by fund balances brought forward. Fund balances at the end of the year amounted to £4,847,89712022-23'. £5,322,055). Included in this is unrestricted funds amountin8 to £4,462,025 12022-23: £4,919,976) and restricted funds amounted to £385,872 12022-23.. £402.0791. Reserves Policy Womankind is a charity financed malnly by donated Income. By its nature, the incorne Is variable as the propensity to donate is affected by many factors outside the control of the charity. The Trustees therefore review the reserves regularly to ensure that there are adequate funds to enable us to: React to any unexpected adverse im pact to our finances and cover any potential future liabilities. Provide uninterrupted delivery of the charity's objectives to meet the needs of current and future partners, regardless of short to medium term fluctuations in income and expenditure. 16

WOMANKIND IWORLDWIDEI FOR THE YEAR ENDED 31 MARCH 2024 The charity operates within a Reserves Polici which is reviewed as part of the charity's budgeting and plannin8 processes. Our current policy is to retain a healthy balance of free reserves which would allow Womankind to cover core costs over a period between 3 and 6 months. For the year 2024125 this equates to a range of £599.540 to £1,199,081. The Trustees consider that a sufficient level of free reserves for the organisation is between £600k and £1.2 million of unrestricted expenditure and agreed to hold f ree reserves of this level. The position will be considered annually to ensure that reserve levels remain relevant to the operating environment of the charitv. Free reserves represent unrestricted general funds, excluding restricted and designated funds. Our free reseNes as of 31, March 2024 are therefore valued at £1,196,82712022-23'. £1,297,830). Truslees are confident that the charity continue5 to be solvent. Desi8nated Funds In 2018/19 the Charity recelved a very generous legacy of over £2m from a supporter. It was agreed by the Board of Trustees that these fund5 would be held in a Separate, designated furbd. These funds are designated for specific use in advancing Wornankind's strategic priorltles. The Board has agreed that f uture legacies that exceed £IOOK will continue to be added to the pool of designated funds and to be similarly allocated for the same purposes. In addition, the trustees agreed that funds at the year-end above £1.2m in General Fund will be transferred to Designated Funds. As a result of this agreement £600,000 has been transferred on 31, March 2024. On establishing this Designated Fund, the Board of Trustees approved a list of projects to build momentum behind Womankind's new strategy to 2030 and must, in the main, be transferred to our Partners. A small proportion of our desi8nated fund Is also used to strengthen Womankind organisationally, includin8 in relation to sustainability. An annual review of the proposed spend on designated funds is prepared by the Senior Management Team and approved by the Board as part of the bud8etin8 ahead of the start of the year. A list of projects funded from the designated funds is noted under note 17 of the financial statement. During the year Womankind spent total of £974,94812022123.' £272,961). This includes £490,00012022123.. £nill providing Strate8ic Grant5, £126,620 12022123: £101,931) on the Movement Stren8thening Fund payments to partners. and £288,26412022/23: £126,768) on Her Voice Fund grants. On 31" March 2024 the total desi8nated fund was £3,265,19812022123.. £3,640,146). Investment Policy In 2022123 the board reviewed the cashflow requirement of the Charity and approved to move £1.2m which was held in the deposit account to invest in the Ethical Funds managed by CCLA. At this time Womankind undertook due diligence on various investment options ahead of selecting CCLA to be our investment managers. CCLA is an ethical investment house. Investments held are reviewed regularly by SMT, and CCLA attend our Board meeting once a year to update Trustees on the current investments and future landscape. The investment policy has been reviewed during the year. Foreign Exchange Policy It is our policy to hold funds in the currency in which those funds are provided by donors and manage FX differences when payment5 are transferred to partners. Womankind do not hedge against currency fluctuations or currently attempt to predict movements in exchange rates. 17

WOMANKIND (YIORLDWIDEI FOR THE YEAR ENDED 31 MARCH 2024 How Womankind is run Mana8ement and Governance Structure Womankind Worldwide is a charitable company limited by guarantee. It was incorporated on 13 July 1989 and th re8iStered as a charity on 25 July 1989. In November 2013. the Board of Trustees revised and approved the Articles of Association. A Board of Directors (the trusteesl 8overns Womankind Worldwide. The Board is responsible for the overall policie5 and strategic direction of the charity. along with its flnancial and legal probity and appointment of trustees. They prepare and approve the Annual Report and financial statements in accordance with UK accounting standards and to comply with FRS102 Charities Statement on Recommended Practice. The Board met 4 times in 2023-24. These meetings were conducted as hybrid meetings combining in-person attendance with participatlon by vldeo link, on Zoom, Day-to-day operational managernent is delegated to the Chief Executives across the period, supported by the Senior Management Team. There is one committee, the Finance & Resources Committee IFRCI, chaired by the Honorary Treasurer. The FRC meets quarterly to consider policyi review pro8ress a8ainst tar8ets and undertake an assurance and monitoring role focusing on the areas of finance, organisational resources (including human resources) and risk management ultimately making recommendations to the Board. It review5 financial controls, risk, investment and reseNes policies regularly and oversees the audit process, Trustees are also called upon by the staff when their own particular skills. experience and expertise is useful to operational activitie5. Recrultment, Induction and tralnlng New trustees are recruited through open advertisement. All trustees are interviewed to ensure that the Board has the balance of skills and experlence required to govern the charity and oversee delivery of the or8anisation's vision, mission and strate8ic aims, Thi5 includes the recruitment of trustee5 based In our focus regions, in recognition of the importance of expertise and experience from the Global South in the governance and direction of the charity. This will become even rnore important as we carry on implementing our new strate8V to 2030. New trustees have a full induction which includes meeting key staff members and familiarisation with key policies. They also undergo additional training for example on charity governance, safe-guarding and financial scrutinv. Remuneration policy Pay for all staff. is reviewed annually based on UK cost-of-living data. In 2022-23, an extensive benchmarking exercise was carried out based princlpally on XpertHR benchmarkin8 data on salary and benef its for charities registered in the UK. to ensure that Womankind's salaries at all levels were fair, in relation to the sector. Womankind's salary scales are based on this data for cvery level of employee. including the key management personnel consisting of the Chief Executive Off icer and Senior ManaBement Team. This benchmarking exercise is next planned to before or during 2025- 26 and will include a consideration of how to benchmark for salaries of staff based outside the UK. to ascertain whether Womankind's salaries have remained fair, equitable and competitive and to indicate and make adjustments to our pay scales where necessary. Wider network In June 2014. the Charity Commission directed that the charity called Women at Risk {'the linked charitWI be treated a5 formin8 part of Womankind {Worldwidel. The effect of this link means that this single set of accounts includes balance5 and transactions for Women at Risk. Women at Risk does not undertake any operations, and any donations made to Women at Risk are included in Womankind (Worldwide) unrestricted income. 18

WOMANKIND IWORLOWIDEI FOR THE YEAR ENOED 31 MARCH 2024 Womankind Worldwide Inc. is Womankind Worldwide's sister organisation based in the US which holds 501{cl3 status. A Board of Directors (who are US citizens), governs Womankind Worldwide Inc. and they are supported by a Companv Secretary. They use the Womankind (Worldwide) logo and licence to fundraise in the US forwomankind IWorldwide)'s work, allowing US citizens to support our work tax-effectively. Womankind Worldwide Inc. files annual tax returns to the Internal Revenue SeNice. Public Benefit Statement Womankind {Worldwidel's objectives, as set out in its Memorandum and Articles, are to: Relieve the poverty and sickness and preserve and protect the mental, physical, sexual and emotional health of women in any part of the world; Promote equality of opportunity between men and women in any part of the world,. Advance the education of women in any part of the world. Advance the education of the public in any part of the world in subjects relating to economic conditions, mental, physical, sexual and emotional health of women and in matters relating to equality of opportunity between men and women throughout the world. In reviewing our aims and objectives and in planning our future 3Ctlvities. the trustees confirm that we have referred to the Charity Commission's guidance on pu blic benefit. In particular, the trustees consider how planned activities will contribute to the aims and objectives of the charity. Details of activities to further public benefit are set out throughout this report. Risk Management Risk management is an integral part of the governance of the charity. We take care to understand and address kev risks In order to mitigate and manage their likelihood and impact. Risk registers are kept which108 principal risks and steps taken to mitlgate them at different levels of the or8anisation. Larger project5 each have their own risk register which captures, analyses and monitors mitigation of operational risks. The Senior Management Team review the risk register quarterly with the strategic level risk register bein8 reviewed by the full Board. In addition, the CEO gives an oral update to the Finance & Recourses Committee and Board each quarter, for their review and input. The Senlor Management Team considers major risks and mitl8atin8 actions on an ongoin8 basis, as part of their decision-making. The following high-level risks were identif led and are managed through this process: l. Risk that our strategy does not deliver demonstrable impact. This would lead to reputational damage, loss of confidence of key stakeholders in our focus countries and internationally, and failure to replicate and expand our attivities. This risk was mitigated by maintaining a clear, well documented evidence base relating to our theory of change, investing in technical development inputs to our projects and maintaining a strong focus on learning. As well a5 validation by the external evaluation of our previous strategy and consultation for the new strategy. most importantly with our Partners. our new strategy has been well received by our stakeholders. 2. Political context in the UK includinB in relation to changes in UK international development policy- and decline in the UK economy, reduces income from traditional funding sources. We have developed a new Financing Strategy 2022-27 aligned to our new organisational strategy, which focuses on stability and diversif ication of income rather than growth. Through the strategy we are working to build relationships with other statutory and institutional donors as well a5 investing in growing our online 5UPPOrter base. 19

WOMANKIND (WORLDWIDE) FOR THE YEAR ENDED 31 MARCTrt 2024 3. Risk to partner wellbeing as a resu It of inadequate vulnerable adult and/or child protection in our partnership programmes. This could lead inter alia to serious harm to vulnerable adults and/or children, legal action and reputational damage. We review our safeguarding and safeguarding related pollcles and procedures annually and undertake awareness raising and training for staff and trustees, in order to mitigate this risk. We also provide support on policy and practice in relation to safeguarding to our partners organisations, 4. Risk of regulatory or legal action due to failure to comply with legislation. This could lead to loss of confidence by partners, donors, staff and other stakeholders. We have developed a medium-term Flnancial Management Strengthening Plan in order to monitor uptake of recommendations made by our Auditors and strengthen our systems and processes In line with the requirements of our new strategy. This plan is regularly monitored and adapted by the Senior Management Team and the Finance & Resources Committee of the Board of Trustees. In relation to rson-financial risk, we routinely monitor developments in fundraising regulation, data protection and Charity Commission requirements, in order to assure compliance, as well as legal requirements such as those pertaining to intellectual property and employment law, for example. In relation to updates and changes regarding international staff employment, we seek legal and HR advice to determine a course of action to remain compliant. In July 2023, we suspended our partnership indefinitely with the Association forwomen's Sanctuary and Development IAWSADI in Ethiopia to fulfil our own ethical, due diligence and regulatory obligations. This decision followed allegations of serious disreputable c'onduct and investigation led by Ethiopiald and contributed to financially by Womankind, and the submission of a Serious Incident Report to the Charity Commission in July 2022, followed by an update in July 2023 following which the case was closed. Further. AWSAD and AWSAD'S auditors failed to provide basic. essential information we requested in relation to the two small projects in AWSAD'S portfolio that were funded by Womankind's donors who were informed of the situation. We remain hopeful that AWSAD will take the opportunity to renew its organisational values, leadership and governance, and invest in financial, management and technical capacitv. In March 2023, the Board approved our strengthened diligence approach that more closely aligns with the Charity Commission general guidance and those of the Office of Financial Sanctions Implementation. This includes focus on grant making focused orb Womankind's charitable objects to organisations that are not registered charities. This is because in many contexts including Womankind's focus countries, organisational re8lStratioD is not just a technical and administrative issue. Registration has a strong political connotation. The obligation to register is not only a means of control and repression on the part of the government and/or its a8ents but it is also of influence as it is a condition for donors. Womankind aspired to respond to the needs of informal and unregistered groups. As a result, our due diligence approach encompasses both Womankind partners and non-partner grantees (such a5 informal groups who are grantees of Her Voice Fund). Between August 2023 to June 2024, the operations of our partner the National Union of Women with Disabilities of Uganda INUWODUI were suspended by the Uganda's National Bureau for Non-Governmental Organi5ation5 (NGO Bureau} pending the resolution of governance and management issues. As a result, Womankind was obliged to suspend activities with NUWODU for the same period and NUWODU was unable to deliver Womankind projects including AWESOME and WAVE 11 about which we have communicated with the donors. the Netherlands Ministry of Foreign Affairs, and the Ing Foundation respectively. The matter of resuming WK partnership will be reconsidered when outstanding internal governance, financial, legal and management matters are resolved and new due diligence is completed. Whilst Womankind cannot provide financial support, we are being open in our communications and encouraging 501utions that they identify and pursue. 20

WOMANKIND (WORLDWIDE) FOR THE YEAR ENOED 31 MARCH 2024 5. Risk to reputation by association when diversifying our income sources (individuals and organisationsl who May not be well aligned with our values. This could result in negative media and publicity affectin8 key supporter groups and in turn to withdrawal of funding and other forms of support. To mitigate this risk we review our due diligence policy and process annually, assessing potential donors and partnerships against our ethical policies and values and a83inst external risks. This approach will be reviewed in depth as we implement our anti-racism pledge, Funding Charter and Financing Strategy, in order to meet the needs of new organisation strategy 2022-2030. Grant Making Pollcy During 23124, Womankirnd's grant making provided several types of high-quality funding available to partners and informal groups, particularly through flexible and core/strategic grants. This approach allows u5 to leverage our partnership model and fill previously Identified gaps in the feminist funding landscape, for example in relation to advocacy, and movement strengthening. At its core, our grant making offers different types of'well-aligned and complementary funding. In 23124 this included: Strategic Grant5: Core f unding enablin8 partners to deliver their misslons and respond f lexibly to their local corbtext,. Flexible Funds: Flexible funds to support partners and informal 8roups to further thelr advocacy (Her Voice Fund). and to partners for movement strengthenin8 and building (Movement Strengthening Fund); Project Grants.. Restricted fundin8 raised by Womankind in collaboration with partners to support Specific projects and programmes or in response to strategic opportunities. For Womankind's project grants that are from restricted funds there is an agreed framework and budget in place following detailed assessments of the projects. Before making a grant. Womankind complete5 an appraisal of the project or work and the proposed partner organi5ations, includin8 in relation to due diligence. Grants are managed through specific agreements with partners, which set out the conditions of the grant, includin8 narrative and financial reporting requirements and when disbursements will happen. In the 24125 year ahead, we plan to develop a new 8r3nt making strategy. Womankind's approach to fundralsing Our supporters are an integral part of Womankind's community- in terms of their financial support and the role they play in sharing our values, spreading the word and challenging us to work in a more feminist way. We are committed to being fully transparent and accountable about how their generous gifts are used. Alongside our commitrnent to supporters, Womankind also wants to ensure that our fundraising and financing is anti- racist and that we are not perpetuating international development stereotypes that portray people in the countries where we focus our work as victims or without agency. We have therefore put together a Funding Charter to guide our aspirations for our fundraising and financing to ensure we meet our feminist, anti-racism and decolonising aims. We are registered with the Fundraising Regulator and follow the Code of Fundraising Practice, including the policy on dealing with vulnerable people. We keep up to date on changing regulation and ensure we comply with it by changing processes where necessary. We welcome feedback frorn supporters and regularly use it to improve our fundraising. 21

WOMANKINO IWORLDWIDEI FOR THE YEAR ENDED 31 MARCH 2024 In the year ending March 2024 we worked with 6 fundrai5in8 agencies and with I consultarbt on particular fundraising initiatives. We worked closely with all of these to ensure they adhered to the Code of Fundraising Practice and where relevant, the policy on dealing with vulnerable people. We received 4 complaints about our fundraising which we responded to in a timely fashion this represents 0.0003% of all fundraising contacts made during the year. During 2024 we received sponsorship for our Fundraising Gala event from Fitch Ratin8s, Goldman Sachs International, MV Credit Partners LLP, Park square Capital LLP, and Weil. Gotshal and Manges LLP, White and Case LLP. We also continued our long-term corporate partnership with OptiBac Probiotics and received donations as a result of sales of their'For Women, probiotic. Statement of Trustee ftesponsibllities The trustees, who are also directors of Womankind Worldwide for the purposes of company law, are responsible for preparing the Annual Report and Financial Statements in accordance with applicable law and United Kingdom Accountin8 Standards {United Kingdom Generally Accepted Accounting Practice), including FRS102, the f inancial reportin8 Standard applicable in the UK and Republic of Ireland. Company law requires the trustees to prepare financial statements for each f inancial year, which give a true and fair view of the state of affalrs of the charitable company and of the incoming resources and application of resources, including the income and expenditure of the charitable company for that period. In preparing these financial statements, the trustees are required to,, Select suitable accounting policies and then apply them consistently; Observe the methods and principles in the Charities Statement of Recommended Practices ISORPI, Accounting and Reporting by Charities.. Make judgments and accounting estimates that are reasonable and prudent; State whether appropriate accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statement5,' Prepare the financial statements on a 'Boing concern, basis, unless it is inappropriate to presume that the charitable company will continue in business. The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguardin8 the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Disclosure of information to auditor So far as each of the trustees is aware at the time the report is approved. There is no relevant audit information of which the charitable company's auditors are unaware and the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditors are aware of that information. 22

WOMANKIND IWORLDWIDEI FOR THE YEAR ENDEO 31 MARCH 2024 Guarantees Members of the charitable company (the trustees) guarantee to contribute an amount not exceeding £1 to the assets in the event of winding up. The trustees have no beneficial interest in the charitable company. Auditors The auditors. Haysmacintyre LLP. Will be proposed for reappoinlment in accordance with section 485 of the Companies Act 2006. Small companies note The report of the trustees has been prepared in accordance with the special provisions applicable to companies subject to the small companies, regime, provided by section 415A of the Companies Act 2006. Approved by the trustees on 18 September 2024 and signed on their behalf by: 7..49GtIT•l) Lusutl8uKaI¥￿¢￿* J5,2D1408..456klT.I) Lusungu Kalanga and Olga Ghazaryan Co Chairs Vanessa Rice Honorary Treasurer 23

WOMANKIND IWORLDWIDEI FOR THE YEAR ENDED 31 MARCH 2024 INDEPENDENT AUDITOR'S REPORTTO THE MEMBER5 OF WOMANKIND IWORLDWIDE) Opinion We have audited the financial statements of Womankind Worldwide for the year ended 31 March 2024 which comprise the Statement of Financial Activities, Balance Sheet. Statement of Cash Flows and notes to the financial statements, including SLtmmary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kin8dom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kin8dom Generally Accepted Accounting Practice). In our opinion. the financial statements.. give a true and fair view of the state of the charitable companws affairs as at 31 March 2024 and of the charitable company's net movement in funds. including the income and expenditure, for the year then ended: have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice,. and have been prepared in accordance with the requlrements of the Companies Act 2006. Basls lor oplnion We conducted our audit in accordance with International Standards on Auditing IUKI IISAS IUKII and applicable law. Our responslbllitles under those standards are further described in the Auditor's responsibilities for the audlt 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 financial statements in the UK, including the FRC'S Ethlcal Standard, and we have fulfilled our other ethical responsibllities in accordance with these requirement5, We belleve that the audit evldence we have obtained is sufficient and appropriate to provide a basis for our opinion. Concluslons relatln8 to golng concern In auditin8 the financial statements, we have concluded that the trustees, use of the 8oln8 concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relatin8 to events or condltlons that, individually or collectlvely, may cast signlficant doubt on the charitable company's ability to continue as a goin8 concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report. Other inforrnatlon The trustees are responsible for the other information. The other information comprises the information included in the Trustees, Annual Report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In ¢onnertion with our audit of .the financial statements, our responsibility is to read the other information and, in doin8 $0, consider whether the other information is materially inconsistent with the financial statements, or our knowledge obtained in the udit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material mis5tatement5, we are required to determine whether there is a material mlsstatement in the financial statements or a material mi55tatement of the other information. If, based on the work we have performed, we conclude that there 15 a material misstatement of this other information, we are required to report that fact. We have nothin8 to report in this regard. Opinions on other matters prescribed bythe Companies Act 2006 In our opinion, based on the work undertaken during the au(lit= the information glven in the Trustees, Annual Report (which includes the directors, report prepared for the purposes of company lawl for the financial year for which the financial statements are prepared is consistent with the financial statements,. and the directors, report included within the Trustees, Annual Report have been prepared in accordance with applicable legal requirements. 24

WOMANKIND IWORLDWIDE) FOR THE YEAR ENOED 31 IIARCH 2024 Matters on which we are requlred to report by exception In the li8ht of the knowledge and understandin8 of the charitable company and its environment obtained during the audit, we have not identified material misstatements in the Trustees, Annual Report (which incorporates the directors, report). We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion.. adequate accounting records have not been kept by the charitable company,. or the charitable company financial statements are not in agreement with the accounting records and returns,. or certain disclosures of trustees, rernuneration specifie(I by law are not made,. or we have not received all the information and explanations we require for our audit,. or the trustees were not entitled'to prepare the financial statements in accordance with the small companies, regime and take advantage of the small companies, exemptions in preparing the trustees, report and from the requirement to prepare a strategic report. Responsibilities of trustees for the financial statements As explained more fully in the trustees, responsibilities statement Set out on page 16, the trustees (who are also the directors of the charitable company for the purposes of company lawl are responsible for the preparation of the financial statements and for being satisfied that they give 3 true and fair view, and for Such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charitable company's ability to continue as a goin8 concern, disclosing, as applicable, matter5 related to going concern and using the 80ing concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so. Audltor's responslbllltles for the audlt of the Ilnanclal statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from materlal misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a hi8h level of a55urance but is not a 8uarantee that an audit conducted in accordance with ISAS IUKI will always detect a material misstatement when it exists. Misstatemenls can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken based on these financial statements. Irre8ularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, Outlined above, to detect material misstatements in respect of irregularities, Includin8 fraud. The extent to which our procedures can detect irre8ularitie5, including fraud is detailed below.. Based on our understanding of the group and the environment in which it operates, we identified that the principal risks of non- compliance with laws and regulations related to charity and company law applicable in England and Wales and fundraising regulations. and we considered the extent to which non.compliance mi8ht have a material effect on the financial statements. We also considered those laws and regulations that have è direct impact on the preparation of the flnanci31 statements such as the Companies Act 2006 and the Charities Act 2011. We evaluated management's incentives and opportunities for fraudulent manipulation of the financial statements (including the rlsk of override of controls) and determined that the principal risks were related to fraud in income reco8nition and mana8ement override of controls. Audit procedures performed by the en8agement team included.. Insperting correspondence with regulators,. Di5CU55ion5 Wlth management including consideration of known or suspected instances of non-compliance with law5 and regulation and fraud,. Evaluating mana8emenVs controls designed to prevent and detect irregularities,. Performing audit work over the risk of management override of controls, including testing of journal entries and other adjustments for appropriateness; and Challenging assumptions and judgements made by management in their accounting estimates. 25

WOMANKIND IWORLDWIDEI FOR THE YEAR ENDEO 31 MARCH 2024 Because of the inherent limitation5 of an audit, there is a risk that we will not detect all irregularities, including those leadin8 to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery. collusion, omission or misrepresentation. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.or auditorsres onsibilities. This description forms part of our auditor's report. Use of our report This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we mi8ht state to the charitable company's members those matters we are required to state to them in an Auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members, as a body, for our audit work, for this report, or for the opinions we have formed. Tracey Young (Partner) For and on behalf of Haysmacintyre LLP, Statutory Auditor io aueen Street Place London EC4R IAG Dat 111012024 26

Womankind (Worldwide) Statement olfinan¢lal activities lincorporatin8 an income and expenditure attounil For the ytar ended 31 March 2024 Restated Unrèstricted Rtstrittèd 2024 Unrestricted Restricted 2023 Note Incom• from.. Oonations and legaties Chaiitable activities Other tradin8 Actlvltle5 Investmènts 2.860.032 640,864 1,285,217 3.500.896 1.28S.217 338,JOO 22,155 2.893,401 524,078 1,669,773 3.417.479 1.669,773 Z78,500 15,642 3a 3b 338.3DJ 22.IS3 278,500 15,642 Total Incom• 3.220,485 1.926,081 5.146.566 3,187.543 2.193,851 5,381.394 Expenditur• on.. R•lslni lund5 1.294.521 1.294,521 1,116.583 1,116,583 Charitable artivltles Elimlnating Violence a8¥inst Women Increasln8 Women's Civil & Polltlcal Participation Economic Empowerment 993,111 7S8,517 1.751.628 S90.608 889.602 1,480,ZIO 1,036.983 512.905 792,025 391,746 A,829,008 904,651 740,860 103,072 1,1S5.757 182.581 1,896,617 285,6S3 Total expendltur• 3,837,520 1,942,288 5,779,808 2.551,123 2,227.940 4.779,063 Net le)tpenditurellincome for the year 1617.0351 116,2071 1633,2421 636,420 134.0891 602.331 Unrealised Gain on Invesiment 159,084 159,084 12,147 12,147 Tr•nsf•r b•tweon funds 18 85.832 185.8321 Net movement In lunds 1457.9511 116,2071 1474,1581 734.399 1119.9211 614,478 Ae¢onclllaiion ollunds: Total lunds bfOU8ht lorward 4,919,976 402,079 5.322.055 4.185,S77 522.000 4.707.577 rot•l funds carrled lorw•rd 4.462.02S 385.872 4.847,897 4.919,976 402.079 5,322,OS5 All ol the abo¥e results ale dertved from continuin8 aCtl¥ltles. There were no other reco8nlsed 8ains or losses other ihan those stated above. Movement5 in The Appended note5 fomi part of these Financial Statsments 27

Womanklnd Iwoildwidel Balance shÈet Company no. 02404121 As at 31 March 2024 Ileststed 2023 2024 Note Fimed assets: Intan8ible a55et5 Tan8ible a55ets lrtvtstments 12 13 17.J25 14,250 14 1,371.231 1.212.147 1,380.556 1.216,397 turrent assets: Debtors 15 924,566 839,621 Cash at bank •nd in hand 4,LOO,332 5.064.233 Cash at bank Women at Risk 51,224 33,265 5,076.121 5.937.119 U•bllltles'. Creditors.. amounis falling due within one year 16 11.616.781) 11,841.46AI 14*t¢urr•ni •ss•ts 3.459,341 4.095,658 T•t•l n•t •ii•ts 4.847.897 ,321,055 The lunds olthe th•rltv'. Restricted income funds 18 385.872 402,079 Unrestricted income funds,. Oesl8nated lunds fjeneral lunds 18 3,26S,190 3.640.146 18 1,196.827 1,279.830 Total unrestricted funds 4.462,025 4.919,976 Total ¢h¥rlty lunds 18 4,847.897 5,322,055 The flnanclal staiements of Womanklnd Worldwide have been prepared in accordaThcè with thè provisions appllcable tocompanles subject to Ihe small companies regime. The finantial Sia¢erneThts were approved and authoiised lor issue by the trusiees on 18th September 2024 and Sl8ned ort their behalf by.. iJry4nlOrt Js.RrJi 7'41GMT•XI Lusungu Kalanga and Olga Ghazaryan Co Chairs Vanessa Rice Honorary Treasurer 28

Womanklnd IWorldwlde} Statemènt of cash flows For the ear ended 31 March 2024 Note 2024 2023 Cash flows from operatin8 acti¥itie5 19 Net cash lused Inllprovlded by operatinK •¢tivities 1963,9951 1.492,921 C•sh flows from investlng Jttbvltles: Interest from investments Purchase of irt¥estments Loss ort disposal of fixed a55ets Purchase of fixed asseis 22,153 15,642 11.2M.CM)01 14,1001 17.7491 Net cash pro¥lded tsylly5ed In) Investlni activltlos 18,053 11,192,107) Chanee In c•sh and tash equl¥•lents In the year 1945,9421 3￿,814 Cash and cash equivalenis at ihe beginnin8 of the year 5,097,498 4.796,684 C•5h •nd tish •qulv¥lent5 Jt the ond of the year 20 4,ISI,556 5.097.498 29

Womankind (Worldwide) For the year ended 31 March 2024 Notes to the flnancial statements I Principal Accounting policies Dasis of preparatlon Womankind (Worldwide) is registered In England and Wales with registered office address of Shoreditch Exchange, Gorsuch Place, 97- 101 Hackney Road, London E2 81F. The Company registration number is 02404121 and the Charity number15 328206. These financial statements are prepared on a going concern basis. under the historical cost convention. The financial statement5 have been prepared in accordance with the Financial Reporting Standard appllcable in the UK and Republic of ITelarid IFRS 1021. The Company is a public beneflt entity for the purposes of FRS 102 and a registered charity established as a company limlted by guarantee and therefore has als0 prepared its financial statements in accordance wlth the Statement of Recommended Practice ISORP 20191 applicable to charities preparing their accounts in accordance with the Financial Reporting Standard appllcable in the UK and Republic of Ireland (The FRS 102 Charities SORPI and the Companies Act 2006. The financial statements have been prepared in pound sterling, which is the functional currency of the charity. Monetary amounts In the flnancial statements are rounded to the neorest pound. Golng Concern The trustees have assessed whether the use of the going concern ba$55 55 appfoprlate and have consldered posslble events or conditions that might cast significant doubt on the ability of the charitable company to continue a5 a goin8 concern for the forseeable future.The trustee5 have made this assessment for a period of at least one year from the date of approval of the financial Statements. In p3rticular, the trustees have considered the charitable company's forecasts and projections and have taken account of pressures on don3tlons as well as income levels recelved to date in the flnancial year 2024.2025. After making enquiries the trustees have concluded that there is a reasonable expectation that the charitable company has adequate iesources to continue in operational existence for the foresee3ble fvture and that there are no material uncertainties which would affect the 8oin8 concern status of the Charlty. The charltable company therefore contlnues lo adopt the 8oin8 concern basls in preparin8 Its financial statements. The prlncipal accountin8 polScies adopted in preparation of the financlal statements are set out below. In¢ome All income is included in the SOFA when the charity is legally entitled to It, recelpt 15 probable, and the amount can be measured with suff Iclent relièblllty. All income is classlfled between restrlcted and unrestrlcted. Grants supportlng the core activities of the charlty and with no 5peciflc restrictions placed upon their use arè included within Grant income. Gr3nts are cre(Jited to the SOFA when the charity Is entitled to the funds. Entitlement to grants Income maybè sublect to performènce conditions in which case It could be classified as performance related grants and recognized when performance conditions are met. Entitlement for projects for longer than a year, this will be assessed by the targets set up in the grant application. Income is only deferred where there are tirne constraints imposed by the donor. For the performance related income or if the funding is performance related. Where entitlement to grant5 receivable is dependent upon fulfilment of condition5 Wlthin the charivs control, the Income is recognised when there Is sufficient evidence that conditions will be met. Grants supporting the core activitie5 of the charity are included within donatior15 and legacies. Grants that have condition to specrfic deliver charitable activity are included within income for charitable activities. bl Revenue Grants Revenue grants including government grants are credited to the Statement of Financial Activitie5 wherb received or receivable whichever 15 earlier, unle55 they relate to a specific future period or performance conditions, in which case they are deferred. 30

Womankind {Worldwidel For the yearended 31 March 2024 Notes to the financial statements continued Grant5 for Fixed Assets Grants for the purchase of fixed assets are credited to restricted incoming resources when receivable. Depreciation of fixed assets purchased with such grants is charged against the restricted fund. Where a fi.xed asset is donated to the charity for its own use, it is treated in a similar way to a restricted grant. dl fte5tricted funds Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meet5 thesè critèria is charged to the fund together with a fair allocation of management and support costs. el Unre51ricted funds Unrestricted funds are expendable at the discretion of the trustees in furtherance of the objects of the charity. The funLI comprises the accumulated suipluse5 and deficits of unfestricted income and expenditure. Deslinated funds Designated funds are unrestrlcted funds that are earmarked for a particular puipose by the tfustees. The notes to the account5 explaln the purpose of designated funds at the discretion of the trustees In furtherance of the obie¢ts of Womankind Worldwlde. fl Empenditure Expenditure is recognised in the period in which it is incurred. on an accruals basis. Expenditure includes attributable VAT whlch cannot be recoveied. Expenditure is allocated to the actSvlty where the cost relates directly to that activlty. Cost5 of charitable activities Include direct expenditure incurred through grants to partners and operational attivltles together with associated svpport Costs. Charitable expenditure is reported as It relates to work undertaken by the charity, being supportln8 partners to dellver the objectlves of the charity. Grants are reco8nlsed as per the Grants Payable pollcv. The costs of ralslng funds relate to the costs Incurred by the charlty Irb raising funds for the charltable work. Support costs include the management of the charitable company's assets. organi5ational management and compliance with constitutional and statutory requirements and the requirements of good charity governance. Governance costs are the costs associaied with the governance arrangements ol the chaflty. These costs are a55oclated with tonstitutional and Statutory requlrements and Include any costs a550ciated wlth the strate8ic management of the charlty's actlvltles. Governance costs and support costs have been allocated to expendlture on charitable activities based upon estimated staff time spent under each activity. gl Tangible Fi¥ed A55ets Tangible Fixed Assets are recognised at cost le55 depreciation Office equipment and 50ftware a55ets are capitsli5ed if their value Is £750 or over. Oepreciatlon Oepreciation is provided on off ice equipment at 25% on a straight Ilne basis so as to write off the cost les5 estimated residual value of each"asset systematically over its expected useful life. A full year's depreciation is charged in the year of Purchase, regardless of the precise month in the year the asset was purchased. Intangible Fixed Assets Amortisation is recognlsed so as to wrlte off the cost le5S their reduced values over theSr useful Ilves on the following basis.. Website costs- S years straight line

Womankind (Worldwide) Forthe year ended 31 March 2024 Note5 to the financial statements continued h) Pension The charitable company contribute5 to a defined contribution penslon scheme. The assets of the scheme are held separately from those of the charitable company in an independently administered fund. The pension cost charge represents contributions payable under the scheme by the charitsble company to the fund. The charitable company has no liability under the scheme other than for the payment of th05e contributions. Grants payable Giants payable in furtherance of the charity'5 object5 are attributed to the related classificatlon heading in the SOFA.. Grant5 payable from Restricted Funds afe reco8nlsed as expenditure when payment Is due to the partner organi5ation in accordance with the terms of the partner agreement. The related Intome on Grants which will be used to cover these payments re recognised, in atcordance with the charit¢s standard Income recognition policy. Partner a8reement5 may be for longer than one year, but funding commitment are typically for a year's duratlon related to the delivery of the activlties a5 set out in the agreement. Grants payable from Unrestricted Designated funds are recognised as fvlly expended on SOFA in the year the decision was made and communicated and liabillty for grants which are payable over ftjture accounting peilods 15 accrued in the year. The projects are regularly monltored and reviewed. SMT retains the right to terminate grant comrnltments rf they are not satisfied with the progre55 of the project during the fnonitorin8 and review process. Oebtor5 Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. kl Cash at bank and In hand Cash at bank and cash in hand include5 cash and short term highly liquid investments with a short maturity of three months or less Irom the date of acqui51tion or openin8 of the deposll or similar account. Cash balances exclude any fund5 held on behalf of service users. Creditors and provlslons Creditor5 and provisions are reco8nised where the charlty ha5 a present obllgotion re5ultlng from a past event that will probably result in the transfer of fund5 to a thlrd party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlemeni amount after allowln8 for any trade discounts due. The ¢harlty only has financlal assets and financial liablllties of a kind that quallfy as basic flnancial instruments, Basic finonclal instruments are initlally recognlsed at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortSsed cost using the effective interest method. rnl Financlal Instrument Womankind Worldwide holds baslc Financial Instruments. The financial assets and financial liabilitie5 of the Charity are as follows.. £kI￿- trade and other debtors lincluding accrued income) are basic financial instruments and are debt instruments measured at amoftised cost as detailed in Note 15. Prepayments are not financial instruments. Cash at bank- is classified as a basic financial instrument and is mea5uTed at face value. trade creditor5, atcruals and othèr creditors will be classlfied as flnancial instruments, and are measured at amortised cost as detailed in Note 16. Taxation and social security are not included in the financial instruments disclosure. Oeferred income is not deemed to be a financial liability, ès in the ta5h settlement has already tsken place and there is simply an obligation to deliver charitable services rather than cash or another financial instrument. 32

Womankind Iworldwldel Forthe yearended 31 March 2024 Notes to the linancial statements continued Employee benefit at terminatSon Termination benefit5, intluding redundancy costs, are recognised when the Charity has an obligation to pay the benefits and they can be measured reliably ol Operating Leases Rentals under operating leases are char8ed to the Statement of Financlal Activities on a straight line basls over the lease terrn. pl Critical estimates In preparing financial statements it is necessary to make certain iudgements, estÉmates and assumptions that affect the amounts recognised the financial statements. In the view of the trustees in applying the accounting policies adopted, no judgements were required that have a signifitant effect on the amounts recognised in the financial statements nor do any esiimaies or assumptions made carry a significant risk of material adjustment in the next financial year. Where information about the alms. objectives and prolects of the charity Is provided to potential beneflclaries, the costs associated with this publicity are allocated to charitable expenditure. ql Prior year adju5tmenl An adjustment ha5 been made to adjust income from Government Grants and Direct Costs - Grants Payable by £313,182, reducing both Income and expendlture in the prior year. Acciued income and accruals- partner advances have also been reduced by the same amount. The net impact on funds of this adjustment is £nll. 2 Income: Donations and legacies 2024 Total 2023 Tot31 Unrestrlrted Restrlcted Gift Aid Legacies Individual Giving Community and Events Corporates Comic Relief Major Donors Trusts and Foundations 213,823 446,621 1.931,642 20.990 174,460 12 151,778 35,185 3,770 78,750 96,619 9,789 264,961 213,835 598.399 1.966.827 24.760 253,210 96,619 31,549 315.697 210,725 291,540 2.145,923 21,259 303,920 108,381 40,456 295,275 21,760 SO,736 2,860,032 640.864 3,500.896 3,417,479 2023 Totol Unrestrlcted Restrlcted Gift Aid Legucies Individual 6ivlng Community and Events Corporote5 Comic Relief Mojor Donor5 Trusts and Foundations 200,840 291,540 2.107,871 21,259 212,298 9,885 210,725 291,540 2,145,923 21.2S9 303.920 108.381 40.456 295.27S 38,052 91,622 108,381 22,000 254,138 18,456 41,137 2.893,401 524,078 3 417,479 33

Womankind (Worldwide) For the year ended 31 March 2024 Notes to the finar*cial statements continu 3a Income from Charitable Activities 2024 Total Restated 2023 Total Unrestricted Restricted Government grants 1,285.217 1,285.217 1,669,773 1,285,217 1,285.217 1.669.773 Restated 2023 Totol Unrestricted Restricted Government qrants 1,669. 773 1.669.773 1,669, 773 1.669,773 Government Grants.. Durln8 the year Womanklnd recelved.. The Netherlands.. Strategic Partnership Stiengthening Civil Society Power of Women Partnership fund £1,285,217 12023 restated.. £1,541,156) There were no unfulfilled condltions relatlng to thls grant. 3b Income from Trading Activities 2024 Total 2023 Total Unrestricted Restricted Gala Event 338,300 338,31X) 278,500 338,300 338.31)0 278,500 2023 Total Unrestricted Restricted Golo Event 278,500 278,500 278.500 278,500 4. Investment Income 2024 Total 2023 Total Unrestricted Restricted Investment Income 22.153 22,153 15,642 22,153 22.153 15,642 2023 Total Unrestricted Re5tritted Investment Incorne 15,642 15,642 15,642 15,642 34

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WcffjaThbJndlWarfdwldl Note 6: Grant Maklng Itlcal Éctsnomit ErnpowermeTrl Total 2024 . VlolEn(e AfÈh•nfjSt¥tt 2.921 8.784 EQ,843 At8haThW¢men'i 2O.28J ETHIOW 511qw•WorneD'I Dmwthit •A10rknlkn15WOA) fjlob•l AWESCWE lrVr¥EFund StirfhwFurtd lis$ 17345 463.161 )61.9t4 917,715 494.952 644rn •1.161 49 164.9B• 21)J26 30.751 113.916 30,754 io.n4 Em•rywrtyy4DlI. N•p4t•l¢h4uik• KENYA PolyctymQe¥dopfflentPffj# NEPIL NDWA UGANDA 179 ZIMBABWÉ p Gr•nd Totsi 9.000 950,776 454,417 1,J91,525 Ellmlngtlng Vlolen(e E¢onornl Empowtrm¢ni Totol 2023 Portldpotlcn Alohonlsion £niiopiA ?50 150 37,470 23.rdj 37,410 16.353 l•JS Globol AWE50AII 5J6fv71 J,Q7134S 53.259 31637 5d,ITJ 34.657 KENYA POtyr￿0¢¢1QPmMI*￿ct YvvryWwn•nl Lrn4wNphiiNlvMIW EPAL 2J,)•J Jo,¢w Iqoc 7,810 ,?JJ r40WA 51,327 J4¢W io,¢ UGANOA 1•,ST3 14,S73 29.8J2 I￿0) 26?.655 4P,• ZIM8AOWE 188.9 ionLf Toioi 36

14 Net {eMpenditurel l incame for the year Thi$ls$tat•d ator£hwOry1{cr•dilinil.. 17,966 12.S lJJ15 0pratlnlllw￿r•n￿¥'. •rop•rtv thh•r 47.779 4,453 59.396 I￿{1￿11. r•rnunDrntlun(￿I￿dIryVAT1.. 41.174 l$J.545 Analys15 of staff costs. trustee remuneratlon and expenses. and the c05101 key management personnel 5t•l¢g111 w•r• •sfolkn.. 1014 Dnd 28J.217 149.114 71,944 235JOI IIS,750 1.9JIA04 L504.3JS Ily l•rrnlnbtltsA pbyrnMlwr• mbd•lnih• ¢utt•rttv••t12023', Enlll. 1024 ¢eO.QOO- E69,999 E?O.4tr) 479,999 É10,000-£89.999 1014 R•mun•i•tlon. 4>9MOI Th•K•yfMn•i•n)Eni Perw￿l1￿M￿•upo1Ihe son&7rrniNi•wi brfih dlr•etort•14 d•partrnanls. ihpCAEOs.Th iumf•mtsD•rn¢•4 inglud•i8ross p•y.Ènyknyo1'snitkn¥14nsurnnc•ind Tr￿1•￿% i•ifflburMd•ty•rditur•ot£NIL12023.. NILI. Th•th•iitv Irvsteeswete not nor rnc•bMd ¥nyothw benqfils Irtsmirnphymhtthth th•¢hbFftyln ih• 4rl2023.. WILI. ttult41W•IP•id Ipi4nyiprvyilfi Z024120Z3.. NIL). numbers 2014 IOIJ Nq. 11￿1# lundi ornlc &•ppurt 19.6 25.1 io Related party tran5artlons Owin8 ¢￿v￿T￿meSha¥Q donated ￿nt￿tr￿led CZI.014 12033ts23J$II.0thorf•lat•d partytr4nmc¢￿nl art wdu￿r￿lIp￿oFK*¥ml￿erntn1 F•￿0n￿￿lnd Thun￿u￿0rnVntOI•xPp￿SeSpIXèymlna8e￿efiI Per9￿ne1$¥rfj d5xkJSedln noie8abwe. 37

mèthrtdiwthlknd Irrfth• 1024 11 Taxatlon IZ Intangiblt Fixed A$$ets Z4 larYaluitk• Ilirtof ihEye Id￿I i.100.o 38

Fllrthl 15 Oebtrjrs Restèied 2t•J7Y H017 559.Jl• fjoAsJ 177.5 Olhvdeb14 AttiuÈdlfvtwh• epbymw iOW6 t4S66 16 Creditws: amounts fallin¢ due wlthln one y••r AJ7.44D JOl571 Attl¥¥s.PtrmA4af Attl¥¥s.¢hws 1.$69.534 s?ffiJJ $5.2B6 Al Ih•st•rtOlthv￿4r 11246 1,979.Ul I￿1525 Al Ih••nddtryur 17 Analysis of rtet assets between funds 2024 T•t•l* Fli•d•iM Currinl4siqls Ijmsss s.oNuI J.105,191 3.3S1 1,196,117 •,U7J97 st• cul1￿1•￿0•f1 31S3$9 1371.9ZSI J.i•q140 L•?16lJ ILSSt5311 S.•JT.IJg J.279.•JO 39

W¢xklrtd IWortrf4del Noiestothe st•tÈmÈTrts Fotthey•4tended31 Maich Z024 18 Movements In Funds Current year Al lh• surt Iheyear Ga￿$0￿ Al th¢Md of th• In¥estthtyts Incornt e¥pendiluré Trlhsfevs Ristrlrted fvDd5'. &Jppprt rightsol iniernalfytdilplaced wornen. EthlopkA Skill£ and Ernployment Ivmarnlnallsed Yovw wom￿. Ethiopk le spaces loi ilrls and women toehilknie FGM. Keny• Yi*lhiACTION Stwu41 M4rD6irntnt, Keny•

M¥Oear Body. Keny

Acr Egukllty ICIAEI, limbè Incluslort ind p4rtklpbtlon In dtmoErbliC wocesils. Imb4bwe H¢rVolce Fund. Multlple P•rtnerJ. Countne5. Oth•fs- M￿1[ple dono Str•i•¢k Funds 'g•d• B)ntl' Vor•iion•lTr•inknl 1orT••rt•i• M•ih•ys AWESOME, Mvlll¢¢untry 4.632 960 19601 31,ia4 .2.5 8.462 9.354 5.074 &042 212.IZO 24.250 151.77B 64,>X 1,2$5,114 110.9241 J,126 91,77• 24 JO• 179,441 140.0861 560.292 lo1￿79 I,926.011 1,942,28$ 385,1?? At ihe stsrtol th¢ Veal Gilns on At the end ol the lrtv¢stffl¢nts E¥pwdlturt Ot5￿nI￿d lu1￿$ FIAod Ajsets Y.640.146 1974.9481 3.265,198 3.120,4BS 3,IZO,41S 11.162,572 I,•J7,520 600.0 159.084 159,014 1.196,127 4.461,015 T0141 uThi•strlrt•d IvTrdi 4,•l9,976 Tor￿ fvrtds 5 322 055 5 146 566 159 4 847 19? 41 th¢st•rtol Iheytor G•lns•n Al th¢ thtyearl20211 M•w¢m¢nis In1￿&5 IPrtw Y¢orromportwnl.ReÈtot¢ Intoffle Trnnllws tlestrlrteélundi., Women LeodlThoondSucceedlny InSusfvJnobli Cpwrorfve5. EfhW7 Sllls t7ndEmploymenllor Morglngljsrdyounq EthlWv Soft spoctslwgJr15 women foehallén•FGM. KER TolwAefioNAOathitSxvalfvéoMAJmfii, Knyo 18.B651 143,$001 4X8QQ 9?6 Ji,M 14.146 133,SJ3 30,863 33.92• J4,84a 9?0 2,301 4,133 129.6841 120.OJ31 173.9001 155.9231 133,9J¥} ijo.oioi 13,04OJ 1)73,6921 117.4261 111,5731 Parti¢lpotiOn Ortd Volct JwfxcIud￿worne￿IftNeP￿l1PAVfj ¢¢ess to ivSte. Ntpol 4?.042 JQ.050 IlQ6,6551 EnhohclnyFeminiit (•trd•Fship olCohlllCtAffe(iedWomyn N•ptsI Rlse Up.'MpbJJiJlry wprnm cftdgjrlj tp¢offtbtstFGM& CEFM. Ugmdp Womert SAthca<yI#i VOi¢ Empow¢rmeTrt IWAVEIII, Ugu Ph2x 3-MDbiliJing women ondotrts to wmtrol CEFM. UwnLIo 4.8J2 173,592 $5,881 J4.452 14.8%J 108.381 8,462 8vMdlngCNASorle¢y Efftcti￿ncI5, 2imbubwt C¢llectfveAr¢h7ft 10 Reollse EqwlirylCAREI.Zlmbqbwe mpllfylno Volees VAW6. 8rldots, zimbJbwelA4ulilpleDon¢r31 In¢lvsion LlmocrotKprLKesst& I￿trabW1 Voke F¥nd. Mtsliipth Pwipers, Covntrlii Donors Globolthocoits MoblllfvrEovtrlity AWESOME. ￿￿11 country W28 10.307 1197.955) 126,lJ31 9,350 5,0?1 35.J56 135.1561 (2.7JOI IIA61.0921 Z.FJQ 280.238 1.541.156 360.292 rrt•liestrtrtedfvné 522,1))O 1193.8SI f2.227,9401 85.A32J 402,￿ Atihestortof theyeoi GalnsoTr Atfheend OA the ytDrf2Q2Jl rroJJrf• Z,762.S50 1.423.017 Im.559 3,086,984 1272,961J f2.278.J62J 1.059,¢LXI 1964,IF81 3.640.116 I,Z7•.830 6•n•rolfvnds Jè,147 Totolwresrrtrtediunds 4.18%577 3,187.54J 1155L1231 85,BJ IZ.147 4,919.976 Tot011￿￿101Y 4.TL17.577 &3¥J.394 14.779.063 13.147 1,055

WaNn5ndlWorfld• Forth• aiefjde4JxM4rth Z014 19 Re¢onclll•¢ion of lexpendlturel I net Intom• io net ush Ilow Irorn operatln8 artlvllles ¥2> Nel1¢Xp￿￿￿4Illr￿0Mel0rty wnln8perfoO 141P•fthpiLit•meni ollln•hvI4MIwqs isJ3.J411 1.3J la4.Y31 1124.6EOI 5SIB22 IDttrei%tlhueatèkn<r•dltors .99$) .49Lg11 10 Anoly$15 of ush and c•sh equlv•lenis AtJIM¥th2024 Ciih41 1.557.117 9,al Toi•lcD5h•ft•uh 5.097.498 ts45.911 CJSLS50 21 Opertln8 lei$e commi¢mtnis 21 Contln8ent Il•blllty U4•nd•ThNb1kn4 lorpifJO4whkhh4FsubwuuffttybHnllltod. OuttrthtPEikd J I￿￿•r 10221oAu6Uit 1021. Wom•nkindpi0￿dedv￿j E390.7151fj NIVIOOU.Thw•lsii￿￿%h1IWumI￿5￿dffirybI1g9uTr•d lor•ptyfunthl¢lhigiantlunrtvihit1UPPCrttdthÈprol•ctloi thP￿￿dID 23 L48•l si•iw of th• th•rity 41