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
#57

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
11gEt*ll<v*QPIJ
ZIMBABWE
ETHIOPIA
tsi
KENYA
PAN-AFftICA
REGIONAL
IIPEJ
¢M¥w¢ts¥L>
*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
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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.
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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.
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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

JSIN?
,1
Iijii
15
L41*l•b
VIV
i•1,
11¢117
>h5y
4FII
p.¥1
I￿11$
irts
J4Jti
ij
A•J*
Ip
fvLJ
lJ4PJI
35

WcffjaThbJndlWarfdwld*l
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
l*rVr¥EFund
Stirfhw*Furtd
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 Lrn4w*NphiiNlvMIW
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 a*tor£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 pbyrn*Mlw*r• 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 b*rfih* 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. ttult4*1W•I*P•id Ipi4nyiprvyilfi Z024120Z3.. NIL).
numbers
2014 IOIJ
Nq.
11￿1# lundi
ornlc
&•ppurt
19.6 25.1
io Related party tran5artlons
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Movements In Funds Current year
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21 Contln8ent Il•blllty
U4•nd•ThNb1kn4 lorpifJO4whkhh4FsubwuuffttybHnllltod. Outtr*thtPEikd J I￿￿•r* 10221oAu6Uit 1021. Wom•nkindpi0￿dedv￿j
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23 L48•l si•iw of th• th•rity
41