WOMEN'S TECHNOLOGY TRAINING LIMITED (Company Umlted by Guarantee) TRU5TEES' ANNUAL REPORT AND FINANaALSTATEMENTS For the year ended 31 July 2025 Company Re*tratlon NumbEr01712569 ChaTbty Number 514972 WOMEN'S TECHNOLOGY TRAINING LIMITED Flnanclal Statements Year endéd 31 July 2025 Conttnts Page Members of the Board and Profe55iollBI Advisor5 Trustees'Annual Report Independent Auditorfs Reprmt 16 5tatemeDt of Financial Activitie5 lincluding Income and EX￿ndItUreACco￿nt} 21 Comparatlve Statement of Financial AttNitie5 22 Balance Sheet Statement of Cash Flow5 NDte5 to the Financial Statements 25 WOMEN'S TECHNOLOGY TRAINING LIMITED membe￿ of the Board arml Professlonal Almsors Year ended 31 Juty 2025 Re￿stered Charlty name Wownen'5 Technolu8yTralnin8 knmiteil Company number 01712569 Charlty number 514972 The Board of Tn￿ee$ Ell￿beth Cross lthairl Sal￿-AnTre Watkiss Annette Hennessy Nina Roberts Jayne Worthington Humaira Khan Lynda Brady Ngun&￿ Adamu (resigned 20112120241 Jo Ann Whtttin8ham (appointed 27103120251 Dianne Brown lapwinted 27103120251 Company seuetsry Jennrfer Law50n Chlef exe￿tIVe Andrea Rushton Reglstered offlce B1￿kburne Ho Blackbutne Tha Off Hope Street L8 7PE 5tstutoryA￿l1¢or Mitchell Charle5WOrth IAudrtl ￿rnited untsnts Registered Auoitor Suites QD.E.F. 14th Floor The Plaza ILKI Old Hall Street verpool L3 9QJ Bankers National Westminster Bank PIC S Oxford Street Liverr*)ol L7 7HL 5olkltors MSB Solicitor5 Itd Silkhouse Courr rrthebarn Street Liverwxjl L2 21Z WOMEN'S TECHNOLOGY TRAINING LIMrrED Trustees, Annual Report Year ended 31 July 2025 Thetrustees. who are also directors lorthe ptsrpDsesof thecompanies Acl, present their annual report arnd the audited accounts of the charity lor the year erided 31 JUW 2025. The trustÈÈs have adopied the provisions olthe Skatement of RecommEnded Prartlce ISORPI -Accountin8 and RepDrting by Charthe5" IFRS1021 in preparing the annual rpport and atcounts of the chBritv. The ac£aunts have been prepared in 3ccordan£e with the accountin8 rxjlicies set out in note I to the accounts and compty with the tharity's governin£ ¢*xument, the Charpties Act 2DII and Accounting and Reportin8 by Charities: statement of Recommended Prnctice appI￿able to charttie5 p￿paring their accounts In accordance wth the Flnancial Re￿r￿ll8 Standard appIl￿ble in the Unite(5 ￿ngdoM and Republic of Ireland published in Ortober 2019. Trnstees The trustees who served the charity durin&the year were as follo￿= Ellzabeth Cross lthairl Humaio Khan Sally-AnTre Watkiss Lynda Bradv Jo Ann Whitlingham Izppointed 27103120251 Annette Hennps5y Ngunan Adamu (resigned 20112120241 Jayne Worthin8ton Nina Roberts Dianne Brown lapp)inted 27103120251 Trusiees are appoknted In aCCord￿te t*Ath th* Mèmorafithm and Art•des of Assodatlon. None of rhe trusreeg receive remuneration or OLner benefrt5 for their work as trustees of the charity- Any C￿Nection between a trustee or senior manager of the charity wilh a company must be disclosed to the full Board of Truste& in Ihe same way as any contractual ￿latIonShIp with a related party- Oblectfves of the Charlty The eharity'5 objects and its principal actNty continue to be that of providing training for women in areas where they a￿ traditionzlly un(Jer-represented. It seeks to transform women'5 lives and encourage thor independence through the provislon ol edutatlon. trdinin& and oprrt)rtunities of kind in an eTh￿rOnment ol equality ar.d inspiration. PublK Benefit When planning our activities for the year, the tru5tee5 have considpred the tholity Commis5ion'5 guidance on public benefit, and particulady the spectfic guidance on charities for the a￿ancernent of education. We are an equal opportunities organi5ation and are tommitted to a working environment that is f￿efroM any form of discrSmination on the grounds of race. erhnictty. sexual orientation, or d￿ability. It s a priorityolthe organisation that access to our services is not restricted and based on el,"gibility guidelinesfrom our de¥olved Adult Skills Fund IA5FI, formerly AdJlt Education Bud8et IAEBI thls allows learne￿ that access. A(Iditlonalty, the Dlscyetlonary Leamer5upport Fund provide(I by The LNerpool Region C4)rnbined A￿hOrity for learner5 enables us to assist those to m&t the costs of chil(kare. travel. leamer and leaThing support. All our charitable zctivities focus on education and learnin8 for M)rnen and are undertaken to further our charitable pUrp￿e for the publ￿ benefit. WOMEWS TECHNOLOGY TRAINING LIMITED Trusteeg Annual Report lcontkn￿dM Year ended 31 July 2025 Strate8lc Report hout Women's TechnolouyTralnln8 ￿rnited IBlac*burne Hvuse Educallonl Women's Technology Training ibrnited, more latterly k[￿vffl as BlackbuTne House Education IBHEI was establlshed in 1983 wlth the aim c¢f progressing women from disadvantage(S backgroun(Ls into ernployrn￿t within technical prDfessions- an area in which. at the time. women We￿ Si8nlllcantJy under-represented. ThE organi5atlon 8rew quIc￿V and conside.'ably and. in 1991 we moved into new premises in LSverpool's famous Georgian Quarter. More than £4rn wa5 raised to breathe new lrfe back irsto Blackbume House and the beautiful, Grade 114i5ted buildin8 then became our new hDrne. Today, Blackbume House Education is a wbrant and thriving organisation and one of the countrfs leading education centres. Overtheyears, throu8h oursisterorganisation Blackbur.ie House. wehave established several Successful so(i81 enterprlses that 5UPtM)rt our educational aims and provtde tan8lble examples ofhow new markets can be used to se￿e local communiti￿. OurHlstory and A¢hle¥ements Women's Technology Trdining Limited, now widely known a5 Blatkbume House Education IBHEI, wa5 estsbli5hed in 1983 with a clear mi55ion- to 5UPPOrt wownen frDWn disadvanta8eil back8rounds into employment within technical profes5ion5-5ector5 where women weresignificantly under-represented atthe time. As demand for our services grew. 50 did theor8anisation. In 1991, Blackbume House rEILKated to a be2Utifully restor Grade 1141sted building in ￿verpoOl'S iconic Georgian Quarter. With over £4 million raised to rejuvenate thE slte, thls historic Spa￿ became a vibrant hub for education and innovation. Today, Blackourne House Education. along with our renowned partnership *ith The khool fDr Social Ent￿prenÈUrs, Is a thriving orgènisation and one Df the UK'S leading educatron centres. Thrgugh our sister organi5ation, Blackburne House. we have (￿ated a serie5 0,, successful social enterprises. each ali8ned with oureducational tni55ion and offerin8 real-world examles of how new mafkets can address I￿al community ne￿. Attracting thousznds of vi51tor5 each year. our facilltles have Erown to includea bustling bistro and Café, a wellness and counselling centre. st3te￿f-the-art conference and events spaces. and a 52*)lace Thursery. These social enterprises not only support our educalional objertNe5 but aLso provide hand5-on leamin8 OPkK)rwnitles and sustainable revenue stream5. 81ackburne HDU5e'5 work has recognised locally. naiionalty. and internationalty. Our cornmitrnent to ernpowerinE wornen throu8h edUCat￿n earned u5 the prestigiou5 Fr￿￿Orn of the City award in June 2015-a testsment to our transformative impart on edwation for women in Liverpool and across the ￿der Merseyside region. Ourvlston and Values Ourvislon isto educate and up sknll women so thattheycan pursue professions in everysettor and at every level. where women are Still typic21ty under-represented. We aspireto give confidence tothe wornetb we work with, sothatthey can 80 on to live independent live5, belie¥e in their dr￿aMS and achieve their amlmtions. We want to Inspi￿ our women to believe that anyihing 15 POS5ible. Wewant to instil a culture of empathy and unéprstsndin& Df inclusion and acceptance. We want to overcorne prejud￿e, discrirnination and adV￿S[ty and create a pos￿1¥￿ and hollstic environment where women tan share, learn, and grow. We have a core set ol value5that is ingrained into everythin8 that we do. Those values are integral to our organisation, helping to define our long-term airns and objectives and influence the way we woth. WOMEN'S TECHNOLOGY TRAINING LIMITED Tyustees. Annual Report ICoThth Year ended 31 Juty 2025 strateelc Report Iconthwedl Insplratlon We provlde the highest ￿ssIble quality (rf inspiration31 educatron and development - and our teaching and wvrkin8 method5 and our 5ervice5 and enwronment refiett this relentlesscommiiment. Trdn5forniation We belleve in using creative working merhods kn devdop new and innovative ways of fulfilling and pxeeding our financial. social. and envimnmental aims. renewing and transFom)Ine our business and helping us to t0￿h and transform the lfves of everyoTre who Works with Blackburne House. Equallty Blackburne House Is and has alway5 been alx)ut holistic approaches to iMpro￿nE the live5 of women - all women. We COn5tantfy build on the d￿ersilY and range OF our servKes includin8 SUPPOrt and educathJn services for children and men. where these will contribute to improving the lives of women. Independen As well as helping our 5tudent5 and 5Ervice users to develop their own independence, our char.table and commErcial gctivities all Operate to Continuous￿ improMng t￿51￿￿ standarils-to deliver the independence of Blackbuine House. ACt￿ltIes, athlevements. and ￿rfOnna From 2019120 academlc yÈar the Government de¥oW the Adu￿ £ducation Bu¢4et IAE81 in liverpoDI City Region lo the Cotnbined Authority ILCRCAI. Wesuccesslullytendered lorthe secondterm and gained a further live-yeareducatiofk contract via LCRCA In 2021 with COrnmEncement in 2022, with the potential value of £3.8m over the five years. We CDntlnuÈ to dev@lop and expand curriculuwn, training methods and projett portFolio in line with the needs af students, employer5* 8overntnent initiatives and bcal IndLLStry growth agenda5. In Au8USt 2024. theAduFt EdLKation Budget (AEBI was officially replaced by theAdU￿ Skills Fund IASFI. Our partNe￿hIP with The School for &Kial Enirepreneurs continues to be hi£hty successful in deliverlng proErams that attract and develop learnefs who want io pursue self-empbyment with a social impact. We invest in Indlvlduals from all backgrounds who have piattical ideas for cb.ange. Oui vision Is of a falr and equal society where the potential of all people is fully reallsed. Educatlon For over 40 years, Wac*burne Hov5e EiJucatK>n ha5 Proud￿ served as a Voluntary and Comrnunity Independent Provider. 5tipwrting the leaming asoirations OF ￿verpOOl City Re8ion residents. We are distinguished as an InclusNe educational institution that welcomes indmduals from all backErounds, empowerin8 them to improve their Ilves and those of their families through education and sknlls develtspmenl. During the 2024125 academic year. Blackburne House Ed￿ar10Th supported 5Jl learners acros5 1,6T3 course enrolments. of these, 5(MJ wereadult learners. *cwntTn8for 1,631 enrolrnents refiecting ourongoiD.g cornrnitmenl to Illelong learnln8 and 5kllls d￿lOpment. WOMEN'S TECHNOLOGY TRAINING LIMrtED Tnjstees. Annual Report Iconthm￿dl Year ended 31 Juty 2025 Educatk>n [con￿*￿e￿I Key Learnér Derno8fdphlcs: Depr￿tIOn Levels: 82.5% resided in area5 ranked amon8the 30% most deprlved natlonalty, a $118hi decrease from the prevlous year12024- 82.9%). OF these, 57.4% lived In IMD i postcodes plaan8 them wlthin the top IO% most deprived areas in En8land12024-63.2%1. Dl¥ersl¢y and Incluslon: 98.2%1491 learner51 were women, with 78.2%1381 women) IdentffWn8 as from Black, Asian, Mixed. or Otherethnic group5, fftfiecbn8 a 8rowing divetsty in our leamln8 communSty Iz024- 73.2%). Support for Learners wlth Addltional Need&. 24.6 %1121 learners) declared a learning drfficu';ty or disability. highlighting ourcommiirnent to providln8 Inclusive learniTr8 OPPOrtuniUes12024- 29.4%). At the core of Blackburne House Educatv)n a￿ our values of Independence, Transfomiation. Inspiration. 8Thd Equality. These values are the driving force behind ourwork and ale embedded across all aspetts of our organisation. Our vision 15 clear- To provide ed￿atIOn for women facing disadvantsge. ellabling them lo unlock thEir full potentlal through high*uality learning provisKyn and support.. Expandlng Our Reach and Impact 5iiuated in Toxteth, one of Liverpool's deprived areas. 81￿kI￿rne Trlouse EdU￿tIOn extends its educatlDnal provision across the wider knverpod City Reeion. Our focus remains on effective￿ engaging underrepresented and merginalised communities, particularty from the global majority, refugees. seekers, lone parents, long-terrn unemployed individuals, and caregivers. We offer a wide-rangin8 curriculum destgned to ali8n ￿th regional priorilies and meet the needs of both local Indlvl(luals and businesses. (￿r courses cater primarilyto aduM women but also include a growinB nurnber of 16 10 19- year-old learne15 who require a nurturin& supwrbve enwronment In which to thrive. Currlculum Offer Learners car Choose from a dNerse portfolio of programmes. iThdthYing: VLKatiwal Courses: HeaSth and S(Kial Ca￿, TeacherTrainin& and ComplementsryThernpie5. ademlc Quallficatiois.. Access to Higher Ed￿ation, G(SEs, and Functional Skill5. Creative and Practical Programmes- Holislic Therapie5. ESOL (English for Speaker5 of Other Languages1= SuppL¥tiDg a dNerse range of leamers with langua8e development rneeds. Our curritulum is d￿am￿ and responsive. shaped to meet the evolvlng needs of lÈamers and employers, ensuring our graduates a￿ equipped with the skills and confidente to access meaninthil emp￿rnent or progress Into further education and t￿l￿1ng. WOMEN'S TECHNOLOGY TRAINING LIMITED Trustees, Annual Report [CoNthH￿] Year ended 31 July 2025 rl)rteri￿ Petsonal Growth and WdlbelTr8 Recognising the critical rDle of mÈntal health and re5iliwEe in leaM￿ 5uccw, we hav@ expanded our currlculum to Intlude CoMp￿hÈn51¥e health and wdlbeing prograrnme5. These inttiative5 are designed to empower learne￿, bvlld confidence, and prornote emotional well-being alongside acadernic achievement. Throughout the 2024n5 academic year. we collaLKJrated wlth funders to enhan￿ mental he3￿h supportsenrice5, with a partlcular focus on supporting wornen froTr the 8bbal rnajority. who often face addition21 cultural and societal challenges. Initiatives included.. Counselling and emotlonal suppor. services tallored to indrwdual needs. W0[￿h0￿S and short courses focused on stress management, 5dfyers. As a result of this positive partnershipi we will continue to collaborite wlth these employers during the2025126 academic year. We have stren￿￿ened pathways to progression during this ￿adeMiCyear. not only internally but also iHto ernployment and higher ed￿atiOn. This has been achieved bycreating a rn0￿ f(Kused and purposeful curriculum offer. Durlng the vÈ2r, 80% 01 our students pr(eressed from Level 2 to ￿fel 3. HOW￿rer, within the spe£ific course offer of He3￿h and Social Care, that incwsed to over 90%, being le#m¥s progressing from Level 2 Health and knial Qre to Level 3 Diploma in Adult Care or Access to Higher EduCat￿n IHealth and Social Carel. There was also strong progression route5 e5tabli5hed within Counselling where over 80% of studETrts progres5edfrom Level 2 to Level 3, and we r￿W also offer a route to Level 4. The Education Leadership Team continue to fixus on learner progress. Step5 are being taken tD Stren￿hen early iTrterveition Measu￿ and provide tailored. individualised supwrt to learner5. These actions aim to further improve retention and achlevement rates, ensuring coniinued year-on-year prreress and a hi8h*uality leaming eXperi￿ce for Edutatlon thwough enterwlse Blackburne House Education takes an entwprising approath to tÈachin8 and learning. Enierprise encourages people to leam and de¥Elop in a way that rneets th*r need5 and ￿￿elOp$ skilLs for lÈamlng, skills For ItlÈ and sknlls for work. The world 15 changinE rapidly. and people need to be prep3red. They need tts have the skills and attitudes to copp with an unpredlctable futu￿, to be able to deal with Setbacks and disappointments in a W￿l￿Ve way and to continue to learn for the rest of their Iwes. Whellever p055ible. we UEilise the resoufces across Blackbume House to provide our learners with real life opportunities to enhaTrce their development and support them to become more influential in theiT own lives and the lfvÈs of others. Careers & Enwloyablllty At Blackbume House Educ&rion. employability is a core component of all our programs, ensurln£ leamers are equipped with the skills and thowledge needed to 5￿Ceed in their chosen careers. Our taihred sessions include CV writin applying for work, Ask the Professional events. communication for career progression. interview skllls. and confidence buildln8, alongside DPPOrtuntlies for work experlence that enhance ￿l-World preparedness. WOMEN'S TECHNOLOGYTRAINING LIMITED Trustees. Annual Report IConOroJedl Year ended 31 July 2025 Ca￿er$ & Employablllty Tts further St￿ngthen thi5 SUPF)Ort. we are proud to collatrx•rate with VOLA and several other local organisations on project aimett al supporting women who are da5sed as e0motnital￿r Inactfve. Funded bythe UK Prosperlty Fund until March 2026, thls InFtiatlve provides vital, addttional 5UPZM)rt to women at trf)th the beginning agd end of their educational puiney with u5, enabling thern to transttK)n into ￿￿anIngFul employment or furthEr education. In additlon to career-focused support. Health and Wellbein£ seThices play a key role in building confidence and rÈsilience. Those seNtes equip leamets wtth essential life skills that empower them to adapt thrive, and manage life's challenges effectiveSy. ensuringthey aTe not onfy prepa'ed (or their careers but 3150 foT persona! growth and 5ucces5. 5¢hool for 5odal Entrepreneur5155EI In the North West Blackburne Hause Education continues to work in partnershipwiih The School for Social Entrepreneurs ISSEI to deliver capacity ￿lIdIng programs for 50cially trading Ol￿nsatIonS from auoss the Northwest. We support ihe developrnent and growth of Social enterprisas as a rneans by which to address ￿rne of society's most pressing iS5ve5. We ernpower people from all bacK8fDunds to create PDSitive social change. Our prograrns help Indlvfduals start. Sustain. and scale St￿la1 ￿terprIseS. charities. and community projetts. We help individua15 build confidence. leadership, and business skills. This year we continue to emb￿ the 55E 'l8nlt(n8 the Social Economy 2022 10 2025. strate8y. A5 a partner, we are working to futfil this Strategy whkh aims to.. Ignite entrepreneurship communities. Ac(elerate social innovat￿n. Hame$5 networks and insights. Programs and Partnership5 Over the past 12 months SSE have been able to explore partnersnip opportuntties to attract programme funding. a result. SSE in the Northwest have been s￿cesSful in devel￿1n8 nv&4 partnerships whith havÈ rE5ulted In the launch of new opportunlties: A&0 Sherman 5SE were chosen as the charty of choice by A&0 Sherman with a view to tathine school ￿ClusIOrS 'n Liverpool and London. Thls support has enabled SSE and SSE in rhe Northwest to embed the new strategy. deYelopSng placed based program5 across new themes. Thls partnership has seen increased leve15 of support for 50ci3i entreprefjeurs. prirnzrilyi although not exclusively. that are based in the Liverpool City Region. This year sees the end of this 3 year partnership. Women'5 EnteryTrr15e Growth Progrnmme This year we 5UPWrted the second year ofa three-year prceramme to support wDmen aged 18-35 li¥ing or working in London and knverpoal to develop the sknlls. 5treThgths and networks requlred to grow purrKJse-led enterprises and in turn create new jobs for underserye(I communitles. The pro8ramme is run by SSE wtth 5UPPOrt from Youth Business InternatKJnal IYBII and funded by Standard Chartered Foundztion as part of Futuremakers by Siandard (hartered. ID LiverpDDI based and 10 Participants ￿11 w a fully funded 8-day leaming programme, bespoke l..1 business development and modelllng supporL a sup5)0rtS¥Te peer fftets￿rk and the thance to pitch lor ¢Jne of four Match Tradin8 grants of up to £7.000. WOMEN'S TECHNOLOGY TRAINING LIMrrED Trustees, Annual Report [c￿￿￿*d1 Year ended 31 July 2025 Black Bu51ness Support SSE in the Northwest were commissioned by Innervision to be an AccouDt Manager pro*iding a busine55 coachlng service to 6 UVerpO￿ based entrepreneurs. Bespoke Support We continue to 5tren8then collaborative rdationship5 acr055 the xKial e￿L¥prise sector, rdnforcinB SSE'S POS￿10n Bs a market leader in the North West and Blackburne House a5 a leading Social enterprise. Dur bespoke 5UPPOrt include5 h05ting project visits for national and iniemational audiences, faulitatlllE attion learning sets, delNering witne5S Sessions, and participating in sooal investment pane￿. The Year Ahead Bl8ckbume House Educatlon wlll 5eekto stren8then thepartTrership with SSE andwlll support SSE NorihwÈstto cultivate I￿al partne￿hIPSwth a viewto delivering L¥￿h piogr3m5 andwoik5hop5 that ￿nite entrepreneurship in CDrntnunitie5. We will also w2lcarne a nurn￿r of business leaders into the SSE Fdlowship which 15 a comrnunity of people who have all graduated from SSE prograrp.s. The Fellowship offers fdndin& events. and supw)rt to help SSE Fellows to Continue to Brow the impact of their organisations as well a5 connett with o.hers in the community- Thls is made possible by &)cial Partners, a community of peoplewr(h enensNe b￿lnesS experience who (lonate both time and moTheytO SUPWrt SSE Fellows. Flnandal revlew The trustees carry key financial reswnsiblllties, ineludinÈ ensuring the $￿'Ven(¥ of the oreanisation, safeguarding its assets, and approving the annual bu(*et. In approwng the budge¢ trustees establish clear financial objettives wlth quantifiable targets, enabling the orEènisatitin to measure prL¥ress èad Khievement effective￿. To support these objertives, monthly maftagement accounts are produced and reviewed at Executive Leadership meetings. A formal reFX)rting cycle ha5 been established, incorpor3tin8 a 5trurtured schedule of meeting5 With the Finance Audit & Risk Committee IFA&RCI and the Board of Trustees. FA&RC. under powers delegared by the trustee5. regulaies avd the organisation's finance5. The committee contlnually revlevts and refines its ￿PortIn8 mechansms to ensu￿ finanDal plannin8 remains forward-thinking and aligned wtih organi5ational ￿al$. This approach ensure5 that Blackburne House Educalion is well-posltloned to capit31ise on opwrtunitie5 forgwwth and 5UStainability. Blackburne House Education wasselected bythe Department ft>r Education to Part￿1￿te tn the Mutrtip￿ Research Trial in 202412025. This initiative f￿USed on embeddin8 maths into the Health and &xial Caro curriculum, with the aim of improvin£ atiainment in G￿E Maths and Funttional Skllls qualrf￿at￿n$. Using dedicated resources and tarEeted staff CPD, the projett 5UPPOrted stay in devebpin£ new and innovative approaches to inteerating maths within their teathing practice. Staff reported that the supw)rt provided nelped theffl leel rnOTe confident when embedding maths into the cU￿1culUrn and created different approaches wrthin the classro)m when delivering Maths at both GCSE and functional skills level. Overall. the project wa5 considered highly 9￿cesSfUl, with both staff and students benefiting from the inttiative. Blackburne House Education wa5 pfoLKI to be the only provider within the Liverpool City Reglon Combined Authority ILCRCAI irbviied io take part in the trial. further refiecting the organisation's strong reputation for excellence and innovation in ed￿atIon. Throughout the year. we tontinued to delfftr our 16-19 Young Persons p￿￿SlOn. Although the contract value lor the year was lower, this refletted the impact of the lagBed funding model ratherthan reduced activity- Growth achieved in the previous academic year resulted ID a higher contrart alkKatKJn for the fdlowing year, which supports our financial SU5tainablllty and strengthens our capaclly to further develoo and expand our educational offer. This positive allocation posltlons uswell to athSeve further 8rowth in the 2025126 ￿adeMiC year. 101 Page WOMEN'S TECHNOLOGY TRAINING UMITED Trustee5' Annual ReportlcontkH￿ Year ended 31 ju￿ 2025 Flnandal revlew lcontin￿dI Alongside our eduCat￿nal achievements, Bla(kburne Hoknse contillLaes to ddiver Mindfulness and Counselling sessw)ns to both learners and women in the comrnunity. These inteNentions address the ongoin8 and WId￿pread decline In mental heahh and wellbeing experienced by w0￿en. Evidence from oui proerams nighli8hts the persistent need for mental heahh support. promptinE US to secure additional fuThdinBto tontinue these vital services. Thi5 funding ensures the ongoing delivery of covnselling and wellne55 interventions. enablin8 Blackburne House to provide lrfewering women through knowI￿ge. skills. and oppor.unity- Aongside this. wewill continueto provide the vital community and learner servlces that ￿kId resillence and independence for women, ensurin8 our work positively impacts individuals, the lo￿1 rnmunity, afid the wider economy. As we conclude the fifth year of devolution. our educatK)n contract has once again achieved Adult Skllls Fund IA5FI in- year growth, driven by increased enrolments and improved achievement rates. Moving forward. we will contlnue to work closelywith the liverpool City Region CombiqedAuthority ILCRCAI toalign ourcurriculum with local pr￿((ty areas. By regularly assessing delivery and adapting plans in reskN)nse to the evoKfin8 external environment. we aim to achiEwe Sustained growth while ¥eswndinE flexiblyto the needsof women and thecommunitles weser¥e. Our curriculum 15 carefully deSIgn￿ to integr￿e wraparound skills. indudin8 employability. wellbebn& personal dovelopment, and prreression, supported by robust semw. We continueto emtsed Equality & Diversity, Safeguardin& nd p￿￿ent training across all programs, ensurÉng that our leamers d￿￿0p the skills and awarene55 needed to thrive professional￿ and personallv. To add￿$5 and ￿MOve barriers to education, have si8nthcanUy enhanc￿ Dur WelSness and Counselling servic and will actively pursue additlDnal fundinE to sustain these vr(al offerines into 2025126. The posltive Impact of these services 15 clear, wr£h learners benefiting from.. ftedU￿d waltin8tlmes forcounsellln8 swvhw. Decreased isolatk)n alongside Incwsed eonfldence and a 8reater sense of connKtKJn. QevelDpment of Song-tertn copin8 recovery 5trate8ie5. Improved wellbeing and a ienewed sense of hooe for the luture. Higher proEresslon into our educètion pr￿raMS, resultinE in enhanced Ilfe chance5 and financia5 independence. In 8ddltion to w￿1n￿ and Counselling, we a￿ proud to cont:'nue our grènt-giving tnitiatives in partnership with the Smallwood Trust and Bishop David Shepgard Trust. These grants promde critical financial supwrt +0 individual women, enabling them tooveicomep&sonal ano financial barriers. The measurable impatt ol these grants has been signrficant, creatlng liffrchangin8 Opwrtunities for wornen and their familie5. We have con5iStently detnonstTated resilience and flexibility. re5pondir8 to challen8es in ways that drlve meanin8lu1 irnpact for individuals and the wider community. Looking aheaLI. ourfinancial p[01￿tIOnS for 2025126 ￿flect a stron adaptable, and progre5sNeorganisation, committed to eM￿wering wornen, building resilience. and contributing to the local ￿OnOmY. By focusing on education, wellbein& and finanoal independence, Blackburne House remains a pillar of support and transformatlon for women across Liverpool and beyond. Remuner•tl¢>n of keym#na8ement personnel The trustees consider the Chief Executive and the Executive Leadership Team to be the key management personnel of the ch£rity in chargeof directing and controlling the charity ané wnninB aidoperatin8 the charlty on a day-to-day basis. It Is the charitvs policy to pay staff at rates refiectifbg the local market and in line with similarorganisations. IIIp3%e WOMEN'S TECHNOLOGY TRAINING LIMITED Trustees, Annual Report I(￿￿￿Kd) Year ended 31 July 2025 Resekves policy The organi5ation's reserve policy has been reviewed in line with gUIdar￿ from the Charw C(wnmisslon. It is the policv of the organisation io maintain unrestricied lund5, whicharethe fvee re5erve50f theor8anisation ata level thai equates to three months liquidi¢y reQUi￿rnents. The trustees have reviewed the value of reserves rEquired and have Set the deslred value of the reserves at £160,(K￿ to Cul￿nt ILwel of overheads. This provides suffiaent funds to cover management, administration, and suP￿rt costs for the development ol our prtndpal activlties to enable us to provide a hlgh-quallty seNice to our stakeholders. The trustees acknowledge that the level of unrestritted reserves of E419,17912024 £313￿92) have reachEd the desired level. Tr.e trustees continue to monitor the situation and have re￿eWed and agreed the strategy and priorlties for the or8anlsatlon as we move forward. Risk poblry The trustees are responsible for overseeing the risks fxed by the i>rgani58tion. Detailed considerations of risk are (Jelegaied to rhe Executive Leadership Team. Risks are iden¥ilied. assessed and controls established throughout the year. All SiEnific4nt activities undertaken are subiett to a riEk review and reviewed by the Finance. Audit & Rlsk Cornmittee IFA&RCI. Systems hève been e5tabli5hed to mlti£ate the risks and the Execijtive Leadershlp Team regularly reviews the risks and tsK¢5 any action identifieij. Investment powers and restrlctlons Undef the Memorandum and Articles of AsscKiation. thecharityhastherKJwer, to investordeposit funds in any rnanner only after obtalnlng advice from a financi81 expert and having regard to the suitsbility ol investment5 and the neEd for dlverslficètlon. The trustees, hayfng regard to the liqtsidiry requirements of operating the charity and to the re5erve5 pollcy, do r￿t conslder It necessaryto invesr in a portfolio of investments. but instead haveoperated a policy of keepinB avallable funds In an interest-bearing deposlr account and seek to achieve a rate of dewsit interest which Matches or exceeds inflation as measured by the ￿tall price index. Invested ft￿d5 are held L*p05it in a high interest savings count for use a5 and when ne￿sary. Envlronmental pollcy The Board of T￿￿tee$ and the Execubve Leadership Team are fully committed to the principles of 5UStalnable devetopmert and to achiewng environrnental best proctices acr055 all aspttts of thEorBani5ation. We5triveto integr31e environmental management as a c(Ye business fvnclion. rea￿nIS1￿￿ the need for leadership and Colle￿1ve responslblllty to ensure that our activities align with these principles. s an organ15atiorb, we recognise the imwrtance of a proKtive approach to addre5sin8 environmental challenges. Thi5 includes efforts to prevent pollution. rninit4i5e waste, reduce carbon emissions, and achieve continual improvements In our environmenial perforrnance. Our commitment extend5 to educ3ting enga8in8 gtafl, learners. and stakeholders adopring sustainable pract￿e5 and maknng inforrned decisions that contribute to Envlronmental sustalnabilkty. In line with th.is cornmrtment. Blackbume House Education operdtes a stwttured approach to the managernent of our envlronmental impact, ensuring complia￿ewith, or exceeding. all relevant I￿al and regul3tory ￿qUIrernents. We also seek to aliEn with recoEnised best pratticesthat adoress environmental aspect5 related to our operation5. De￿rbon1s3tiDn Initl*ive512025126} A key component of our enwronmentsl policy ￿ the decarbonisation of ourGrade114i5ted buildingt which will continue to be a major focus throughout 2025126. As custodians of a historic buildrn& we recognise the unique challefjge5 and opportunrlies prelented in ensurfng its sustalna￿llty forfuwre generations. The decarbonisation project will focus on- Conducting a comprehensive enew aUd￿t to identtfy key areas for improvement in energy efficiency. Implementing energy-efficient 5yStem5. induding the potential installation of renewable energy sources. SUEh as solar paneLs and heat pumps. wherefeasible. Upgrading insulation and reviewing healin& ventilation. arkd lighting systems to re(luce energy consumption. Wortin8 Wlth specialists to devdop innovatNe. sU5=ainable solutions that respect the hi5torK inte8rlty of the buildln8 whlle signiflcantty redudng Irs cartjon footprint. WOMEN'S TECHNOLOGY TRAINING LIMITED Trustees. Annual Reportlcomkn￿dI Year ended 31 July 2025 Decarbonisatlon Inltlatl¥e$I202512611(thth￿ Thi5 decarbonisationeffort aligns wth both our w8anisatK)pal goals and ￿der Ilxal and natSonal environmental tsrgets. includlng the Liv￿PoOl City Reglon's ambition toachieve net-iero carbon emi55ions by 2040. Byundertakingthls prolecl. we aim to set a berKhm3rk for other organisatK)ns housed in histor￿ or listed properties, 5howca5ing that sustainable innovation and heritage preservation can coexist effect￿e￿I. Wlder En¥lronmentsl Commltments Dur environrnentsl prioritie5 are furtherembedded Intoour OT8anlsatlonal operatlons and InclLKIe.' Sustainable Procurement Practices- Working wtth suppliers who share (Hjr commitment to sustainabllity and reducing the environmentèl irnpact of B(XMls and seNces. Waste Management.. lrnplementin8 robust recydin8 inf£iati¥e5 and aiming for zery) waste to landfill where possible. Education and Advocacy: Incorporating Sustainability ed￿at￿)n into I￿r curriculum io eourp learners wlth the knowledge and skills needed to addressglobal ￿￿T0￿Ments1 challeng&. sustainable Transportation.. Promoting the use of public tran5POrtation, car-sharin& and cyding for staff, learners. and wsitots. By embeddill8 ernviTonfflental con5ideraknons int0our0per￿ttJns. de(ision-makiftg PrC￿esSes. and educational Dfferings, Blackburne House is committed to fostering a culiure of s￿st31nabil1tr- This appr￿ch reFlects our dedication to improving thewellbeing ol tM>th our l¢xal£ommunity and ihe planer ensurin8that environmental best practices remaSn central to our mission. Structurej zovernance and rnan8gemenL Governlng doCUme￿t Women's Technology Tralning ￿MIted is a cnarttable company Ilmr(ed by guarantep INO. 017125691, intorporated in England on 6 Awil 1983 and registere(J as a Charity INO. 5149721 on 3 April 1984. The company was establi5fred under a Mernorandum of Association, which ertablished the objeEt5 and pow￿5 of the Iharitable company and 15 ¥oYemed under its Artides ol AssocSatloft. On the windin8 up of the company each rnember will contribute £1. Organlsatk+n The Board of Trust￿ is responsible foroversee'ng the govemance and adrninistration of the charty. The Board meets bi-monthly and 15 SUPW>rted by 5ub-cornmitle￿ f[￿USed on Education & Nursery Quality and Finance, Audit & Risk. In addttion, Task Force Committees a￿ convened on a temporary ba&s =o address specffic orsanisatlonal priorities. For example, the creation OF the EDI Task Force IEqualtty, Dwetsity, and Inclusion) demonstrates our commitmetbt to fostering an inclusive culture while providing appropr':ate 8ovemance oversight in this critical area. The Chief Executive, ap[￿l￿ted by the Board of Trustees, is ￿$￿nsIble for rnanaging the day-to-day operatlDns of the charSty. 0￿ratIn8 Wlthln the term5 of delegation approved Lry the tru5tee5. the Cthief Exe(utive provides strateg dlrectlon for the or8anlsatlon, ensuring that wJlicie5, 5y5tetns. and semces are aligned with its mission. vision, and value5. Comprehens￿e business planning for all areas of service delivery ensures that operations are firrnly rooted in the organisation's Strategic intent. We prioritise fosterinE a hieh-performance, hi8tpemwwerment cu1bJ￿ that drtves susta(nable advantage for the organisation. This approach enables u5 to rernain corrpetitNe in securing funding and s￿nSorship while ret2inln8 and expanding our market position. M3int3ininB a posf(ive repvtath)n wthin the comrnunlty. educatSon, and tralnln8 Sectors. ès well zs Oth* markets whefe we operate, is a cornÈrstone of our strategic priorltiÈ*. 131page WOMEN'S TECHNOLOGY TRAINING UMrrED Trustees, Annual Report IC•ntkK*J] Year ended 31 July 2025 The Management TeaEn Day-to-day managern￿t of the charity is entrusted to a highty skilled Executive Leadership Team, which currently comprises: A Rushion- Chief Execvtive L Mairah- Direttor of 8uslness i>evelopment & CommunKatior15 The Executive Leadership Team works collatM)ratNety to ensure effectNe operation5, compliance, and contlnuous improvement across 8118spetts of the org¥nisation. Tnjstee Appolntment. Inducdon. and TrdlnknB The Board adopts a 5trite8ic apprO￿h tu Iru5tee ￿rUItMent to ensure a broad lange of sk¥lls and perspectlves that will enable the Drgani5ation t[bachi￿e rt55trateg1c8oa15.Tn￿teevacanCle5 areadverti5ed widely wrchin the ctsmmunlty, and all member5 are circulated wth iNwtation5to norninatelw5tee5 prior to theAnnual General Meeting IAGMI. When considering the co-option of trustees. the Board a&￿$se$the$peCfft skills. knowlu*e. and experientt required to enhance the organisation's ability to ddlver on its m￿S1on. Trustees come from diverse wofessioTral and personal backgrounds, 8ddine signwicant value through their varled perspellfves. Re((enislnE the hi£h expectstions placed on the Board. we prlorltise the tralnlng and d￿eloPM￿t of all trustees to comjlement ènd expand their exlstine skills and expert15e. Induction and Development New trusteas participate in a comprehen5rve indurtion woeramme designed to provide a thorough understanding of Blackburne House Education'5 work and their rde in sdpporknng its success. The induction includes.. A detailed briefin8 on their le8al obligations under chartty and company law. An overvlew ofthe Memorandum and Articles olA$s￿lation, decision-making processe5, and recent financial performance. Insights into the tharitrfs operat￿0$. strat44c priorities. and the specrflc impact of its programs. Trustees are encouraged to attend both external training and internal training sessions. ensuring they remain well*quipped to Kulfll the.r responsibilities effettivety. Re&ular briefin8s ané devdopment opportunitles are provided to 5UPPOrt trustees in their on80ing contribution to the orgalli5ation. By provldingthis comprehenswe induction andtraining frameworK weenable trustee5 to play an aCt￿e and meaningful role in shaping the futu￿ of Blackburne House Ed￿8tH)ft, Èrtsuringthecharityconiinues to ddiverlts vision wlth irnpact and purpose. Related Charltles Women's Techno108y Training Lirnited is rdated to Blackbume House by virtue of common directors, Influence and shared resources. statement of trustee￿ responslblllties The trustee5 (who are a150 directors of Women's Technoli)gy Trainiag timtled for the purposes of company lawl are responsible for preparing the Trustees, Annual Report (including ihe strateg￿ Reportl and the financial statement5 in accordance with applicable law and United King(k)m Accounting Standar(ts (united ￿ngdoM Generally Accepted Accounting Practice). 141 Page WOMEN'S TECHNOLOGY TRAINING LIMITED Trustees, Annual Repwt Year ended 31 July 2025 Statemeni of trustees. responslbllltles IC¢Mrtlwdl Company law requires the trustees to prepare finan(ial sta:ements for each financlal year. Undei comoany 12W the trustee5 must nth approve the finanu31 S*atements unless they are sat15fied that they give a true and lair view ol the 5tste of affairs of the charitable company and of the incoming resources and appIl￿t￿on of resources. including the income and expenditure.of thecharitablecompanyforthat perlod. In preparing thesefinancial statements. IhelTU5tees are requlred to.. Select suitable accounting polKies and Ihen apply them consistentty. observe the methods and principles in the Charities SORP 2019 IFRS 1021. make jLwSEements and estimates that a￿ reasMable and prudent. state whether applicable UK Accounting Standards have followed. subiett to any rr,aterial departures disclosed and explained in the financial statements. prepare the flnan¢lal statervent5 On 3 going concem basis unle55 St is Inapproprlate to presume that the charitable company will continue in operation. The trusrees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at the time the financial posiknon of ihe charitable company and ￿able them to ensure that the financial statements comply wr(h the Companies Act 2006. They are abo responsible fL)r safeeuarding the assets of the charitable compiny and hence for takin8 reastsnable steps for the preventi¢Jn and detertton of fraud and other irwularities. Trustees'statement ol dlstlosure ¢rf infomation to the a￿dItO In so far as thetrustees are awdre=_ there 15 no relevant audit inforrnation of which the charitablecompanvs avditor is unaware.. and the trustee5 have taken all steps that they ought to have taken to make them5dves aware o* any relevant audit information and to establish that the auoitors are awareof that inforniation. The trv5tees are re5￿J￿$1b1e for the maintenance and Int￿ rity of the corporate and finanoal information Includ￿ on the charitable companws website. Legislatlon in the United ￿"ngdoM governing the preparat101 and dissew.inatioTr of rinanci31 statements may dlffer frtyn le8islatlon in other Iudsdlct￿ns. AudltkY5 A resolution for the re-appointment of Mitchell ChaAfsworth (Audit) knmÈted will be propos￿ at the forthtorning Annual Gener31 Meeting. Approval In approving the TTUStees' Annual RekN)rt. we also approve the Strategic Report ￿ncluded therein in our capacity as company directors. SIGNED BY OROEROF THETRusfEES Elzabeth Cro Trurtee Date: 24 Aprll 2026 151 P>g Mitchell Charlesworth (Audit) Limited Accountants Suites C,D,E,F, 14th Floor, The Plaza, Old Hall Street, knverpool, Merseyside. L2 5RH WOMEN'S TECHNOLOGY TRAINING LIMITED Independent Audltorfs Rewt to the Members of Womerfs Technology Tralnlng Llmlted for the year ended 31 July 2025 OplnlDn We have audlted the ffnanryal statements of Women's Technology Training timited (the 'charitable compan¢1 for the yearended 31 July 2025 whlch ¢omprlse the 5tarement of Financial Activitie5, the Balance Sheet. the Statement ol Cash Flow5 and the notE5 to the financial statements, includln8 3 summary of 558nSftant accounting policie5. The financial reporting framework that has been applied in th￿r preparatK)fj is applicable law and United Kingdom Atcountlng Standard$, including Financial Reporting Standard 102 The Financial Rewrting StandarLI applicable in the UK and Republic of Ireland (United ￿ngdoM GenerallyAccepted Accounting Prdcticel. In ouropinion the financial statements: give a true and fair view of the State of the charrtable company's affalrs as at 31 July 2D25 and of its incoming re50urc£s and application of resources. Ind￿lIng it5 incorne and expenditu￿, for the year then ended,, have been properfy prepared in accordance with United ￿ngdOrIb General￿ Accepted At(ountln8 Practlce,. and have been prepaTed in accordance with the requirernents of the Companie5 Act 2CN]6. Basis foi opinitsn WeCOnd￿ted ouraudit ir accordance wf(h International Standardson AudTknnglUKI IISAS IUKII and applicable law. Our responsibilities under thosestandards a￿ further described in the Audr(orfs responsibilitiesforthe audit olthe fin3ncial 5tatement5 5ertion of our report. We are indepeident of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statem￿t$ in the UK including the FRCS Ethical Standard, and we havefulfilled ourothereth¥cal responsibilities in accordance with these reouiremenis. We believe thatthe audit ewdence we have obtaineAI is sufficient and appropriate to provide a bass forouropln￿n. Con¢luslons relatlngto golne COn￿rn In audlting the financial statements. we have concluded that thÈ tntstees. use of the going concern ￿￿51S of accDUllting in the preparation of the finanual statema)ts is appropriate. Basedon thework we have perloTme(I,wehave notidenttfied any material uncertainties relatingtoeventsor conditions that. indlvidually or colle£twely, May cast signrficant (5crtJbt on the charttable companvs abllity to Eontlnue as a going concem for a period of at least tWe￿e nM)nths Fmm wthen the financial staternents are authorised for issue. Our re5POn5ibilitie5 and thE ￿pOnsIbl1it1eS olthe trustees ￿th to going concern are describwj in the ￿lEvant sKtion5 of this report. 161page Mitchell Charlesworth (Audit) Limited Accountants Suites C,D,E,F, 14th Floor. The Plaza, Old Hall Street. Liverpool, Merseyside. L2 5RH WOMEN'S TECHNOLOGY TRAINING LIMrrED IndependentAudltorf5 Report to the Membersof Women's Technoloyrf Trainlng Limited for the year ended 31 July 2025 [c￿l￿￿E￿I other Infomiatlon The other information cornpri5es the infoTrnation included in the trustees. annual report, other than the financial staternents and our auditoFs reporr ihereon. The trusiees are responSi￿e for ihe other information contained within the annual report. Our opinion on the finandai Statements does not cover the other infomat on and, except to the extent otherwise explicitly stated in our re￿rt. we do not express anyforn of a55urance conclusion thereon. Our rEspon5fbility is to read the other information and. in thng so, consider whetherthe other infOr￿tIon 15 lThterially inconsistent with the financial statements or our knowled£e obtained in the course of the audit or otherwse appearsto be materially missiated. If we idenrify such material incon515tencies or apparent material misstaiements, we are required to determine whether this 8ives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed. we condudethat there is a rnaterial misstatement of this other inforynation. we are required to ￿pOrt that fKt. We have nothing to rEPOrt in this regard. Opinlon5 on other matters Pre￿Ibed bythe Cornpanles Att 211)6 In our opinion, based on the work undertaken in the course of the audit= the information given in the trustees. reporr lincorpc*atiThg the strategic rÈport and the directors, rerKJrtl for the financial year for which the financial statements are p'epa￿ is consistont with the finaiycial st8:ements,' and the strategic report and the dirthrs, report have been prepared In accordance with applkable legal requirements. Matters on whlth we are requlred to ieport by exoptiDn In the light of the knowledge and understanding of the charitable company and it5 environment obtained in the couF5e of the zudit. we have not identifie(I material misststements in the strategic rwrt and the dircftorf report. We have noihine to report in fespect of ihe folk)wng mattets in relaiitin to wh￿h the Compani& Act 2CKJ6 requires us to report to you if, In our opinion= adequateaccounting records have not be￿ kepL or ￿urnS adequateforour audit have not been received fmm branthes not vlsited by u5.. or the linancial statements are not in ag￿ement wth the aCt￿lnting Tecords and retums,. or certain discbsures of dire£tors' remuneration specified by law a￿ not made: or we have Trot received all the inforn)ation and explanations we require for our audlt 171pdgè Mitchell Charlesworth (Audit) Limited Accountants Suites C,D,E,F, 14th Floor. The Plaza, Old Hall Street, Liverpool, Merseyside, L2 5RH WOMEN'S TECHNOLOGY TRAINING LIMITED Independent Audltorfs Report to the Membews of Women's Technoli>8y Training limited for the year ended 31 July 2025 Responslbllltles of trustees As explained morefully In the statement of Trustees, Responslbiliues set out on pa8es 14 and 15, the trustees Iwho are 150 the directors of the charitable cornpany for the purpDses of cornpany lawl ale responsible for the prepèotlon of the financial statements and for bwng satisfied that they give a true and fair view. and for such iTrteTnal control as the trustees (Jeterrrine is necessary to enable the preparation of financial statements that are free from material misstaiement, whether due to fraud orerror. In preparin8 the financial statement5. the trustee5 are responsible for a55e5sing the charitable company's abblity to Continue a5 a going concern, disclosin& zs applicable. m*ters related to going corKem and using the goin8 concern basis of accounting unless the trustees eitier iniend to liquidatethe charitablecompanyorto cease operations. orhove no reallstlc alternatNe but to do so. Auditor'5 re5pon51bllitle5 for the audit of the lknan(j715tstem￿ts OUT obiecti¥e5 are to obtain iea50natAe assurance about wb.ether the finatKiol 5taternents B5 a whole Bre f￿￿ from rnaterial mi55tatement, whether due to fraud or error, and to issue an audthr's report that inilude5 our opinion. Reasonable a55uratKe is a high le¥d of assurance, is not a 8uarantee tlat 3tL audit conducied ¥EDrd3nte wlth ISAS IUKI will alway5 detert a materia,, rnisstatement Wh￿ it exists. Mis5taternents can aii5e frorn fraud or Èrror and are considered material rf, iniJiwdual￿OT in the aggregate,they could reasonab￿ be expected to influencethe econornir decisions of users taken on the basis of these finanual statements. Irregulariti&, Including f￿Ud, are instances of non-compliance with laws and regulatlons. We design procedu￿ in line wlth our responsibilities. outlined above. to detect material misstatements in respect of irreEularities, including fraud. The extent to which our procedure5 are capable of deteLting irre4ularitie5. including fraud. is detailed below. Extent to whkh the audltwas CONSIde￿ capable of detecth8 Irre8ul•rltles. Includln8fraud We identlfy gnd assess the risks ol maierial misstatement of the finanoal statements, whether due to fraud or error. and then duign and perfoim audtt proce{Ju￿ respon5Ne to thDse r￿ks. irTrcludin8 obt3lnln8 audit evidente that Is sufficient and appropri*e to prLMde a ba515 foi ouropinion. Identlfyln8 and assessln8 POtentFal rfsks related to Irre8ularltles In identifying and a$s￿Sing risks of materlèl misstatement In respect of Srre8ularlties, including fraud and non- compliance with law5 and regu1ation5. we considered the followng= the nature of the industry and sector. tontrol environmEnt and busFness perfonnanee- the chaAtaNe compan¢s owm asse&sment DI the risks that irregularities may occur either as a result ol fraud Dr the Tesults of our enquirie5 of rnanageTnent and metnber5 of the Board Df TtU5tEEs oFthÈirown IdentiFication of and a55e5sment ol the risks of irregulartties,. any matters we identified having obtained and reviewed the charitable companvs documentation of policie5 and yocedures,.: 181 Page Mitchell Charlesworth (Audit) Limited Accountants Suites C,D,E,F, 14th Floor. The Plaza. Old Hall Street. ￿VerpOOl. Merseyside. L2 5RH WOMEN'S TECHNOLOGYTRAINING LIMITED Intlependent Audltorfs Report to the Members of Women's Tethnology Training Umited for the year ended 31 July 2025 Icdrfknup IdentIf￿n% and assesslnB potentlal rfsks rekited to Irregu￿rItIeS Ilontknutdl identtfyin& evaluating and complylng wtth laws and reEulations and whether they %vere aware of any Instances ol non-compliallce.. detecting and responding to the risks of fraud and whether they have knowledee of any actual. suspÈrted or alle8ed Fraud- the Intemal controls establSshed to miti8ate risksoffvaud or non-compl1a￿e with law5 and regulations.. and the ￿atterS discussed arnong the audtL engagement team regarding how and where fraud mi8ht Ottur In the financial staternents and any potential indicators of fraud. As a result of these procedures, we cons:'dered the opportunlties and incentlves that rnayexisr within the organisation for fraud and identified thegreatest w)tential for fraud in thefollowing areas: lil The pre5ent8tion ofthecharity's Statement of FinancialAttiwties. lill revenue rec￿nItIo￿. and liiilthe overstatement of salary and other c05t5. In common wth all 8uditsunderlSAs IUKI. we area150 requiredto perform specrfic procedures to respond tothe risk of rnanagernent override. We also obtained an understandlnE of the legal and reEulètory framewoik that the Chari￿￿￿e company operates in, focuslnE on prO￿$bOn$ of those law5 and r4ulations that had a direct effect on the determination of material amounts and disclosures in the financial ￿3ternents. The key laws and regul*ions we tonsldwed in this coniext included the LJK Companies Act and the Statement of Recommended Prattite-'Accountin¥ an(J Reporting by Charltles, issued by the lolnt SORP maklnE bodv. In 3dditi¢Jn, we considered prov￿￿￿5 of otheT law5 and regulation5 that do not have a dI￿t effect on the financlal staternents but compliance with which may be fundamental to the charitable cornpanvs ability to operate or to avoid a material penalty. These included Safeguarding ar.d Data Protection regulations. Audit response to risk5 IdeTrtifiEd As a result of perforrniTrg the above, we identified the presentation of =Pe tharttable company's state￿ent ol Financral Actiwties. revenue recognition and overstatemert of wa8e5 and orher costs as the key audit matters related to the potential risk of fraud. The key auditmatters settioi of ourreporteyplains the matters in more detail and also describes the specific pr￿edureS we perfomed in respon5eto those key autht matters. In addition to the ibove. our procedu￿ to respond to risks identitled included the followng: reviewing the flnancial statemeni disclo5u￿ and testingto supponin£ documentation to a$5esscompliancewth relevant laws and regulations described above as haviDg a direct effect on the financial statements,. enouirln£ of managemeni and members of the Board of Trustees concemin8 actual and potential Iltlgation and claim5.' 191P>gÈ Mitchell Charlesworth (Audit) Limited Accounta nts Sultes C,D,E,F, 14th Floor, The Plaza, Old Hall Street, ljverpool, Merseyside, L2 5RH WOMEN'S TECHNOLOGY TRAINING LIMITED Independent Auditorfs Reportto the Members of Women's Technology Training Limited forthe year ended 31 July 2025 Audlt response to rfsks Identlfied reading minutes of meetinBS of those charged wlth governance and revlewing ￿rrespondenCe with relevant auihorlties where matters identified were 51gnificant- In addres5inSthe risk of fraud throuth manaBement overrfde of contrds, testing the appropriateness oflournal entrles and other adlustments,. a55essi￿ whether judgements made In maklng accountlng estimate5 are Indlcatlve of a potentlal blas- and evaluating the business rationale of any significant trnnsactlons th* are unusual or outside the nomal coursè of bUsIn￿. We also communicated relevant Identlfled laws and regulations and p)tential fraud ri5k5 to all engagement team members and remained alert to any indications of fraud or non-compliance wtth laws and regulations throughout the audlt. Because of the Inherent limitatlons of an audlt, there Is a rfsk that we ￿11 not detect all irregularitles, includlng thosè leading to a material misstatement in the financial statements or norpcompllance wSth regulation. The risk iTh¢reases the more that cDMpIian￿ ￿th a law or regulatlon is removedfrom theevents and tranS￿￿onS reflecrÈd in the finanaal statements, as we will be less Ilkely to become aware of instsnces of non-compliance. The risk is also greater regarding Irregularities rKcurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omlsslon or mlwepresentadon. A further descrlption of our re5pon5ibilitie5 is avallable on thè Flnanclal Reporting Councivs webslte at: http ]/￿v.fr¢.CIrB.uWaUdlt0rsreSponS1bll1ues. This description forms part of our auditorfs report. Use of our report Thls report Is made solely to the charitable compan￿$ trustees. as a body. in accordance wlth Chapter 3 of Part 16 of the Companies Act 2006. Our audlt work has been undertaken so that we might stste to the tharltable compan¥5 members those matters we are required to state to them In an audltors, report and for no other purpose. To the fullest extent permltted by law, we do not accept or assume responsibility to anyone other than the d)arltable company and the tharitable cornpanls trustee5 as a body, for our audit worl for this report. or for the opinion5 we haye formed. Mr Phlllp Gr5fflths Senior Statutory Auditor 27 April 2026 On behalf of Mttchell Charfesworth (Audtt) Umlted Statutory Auditor Suite5 QD,E.F, 14th Hoor The Plaza Old Hall Street LNerpool Merseyslde, 12 5RH 20IPage WOMEN'S TECHNOLOGY TRAINING UMrrED Statement of Financlal Artivitie5 finduding In¢¢me and Expendlture Actount) Year ended 31 July 2025 Totsl 2025 Totsl 2024 Funds Notes Income from: Donations and legacles tharitaNe actfvltles Investrnents 12.455 1,036,938 154 4,976 303,115 17,431 L340,053 154 1,281,179 Total Income 1.049.547 308.CBI 1.357,638 1,281,179 Empendlture on: Charitable actlvlties 969.164 316.011 1.285.175 1.230,807 Tolal e￿endItUre 969.164 316.011 1.285,175 1,230,807 Net Incomel{expenditurel lor the year li 17.9201 72.463 50.372 Total funds brought for%*drd 459.154 7.920 467.074 416.702 Total funds carrfed forward 539.537 539,537 467,074 The (hartty has no reco8nL%ed galns or other than the resu￿5 for the year as set out above. All of the actlvlttes of the charlty are dassed as contlnuing. The note5 on pages 25 to 37 fomi part of these flrtanclal statements. 211 Page WOMEN'S TECHNOLOGY TRAINING LIMITED Balance Sheet 31 July 2025 2025 2024 Flxed assets Tangible assets 13 120.358 145,262 Current assets Debtors Cash at bank 14 833.875 2.030 594,744 835.SX15 594.788 CredTrtors: Amounts fallirbg due wlthSn one year 1357.6471 1247.3091 Net currert assets 478.258 347,479 Total assets les5 rurrent Ilabllities 598,616 492.741 Credltors: Anyjunts falling due after more than one year 16 59.0791 125,6671 Net a%sels 539.537 467,074 The fund5 of ihe Charity Restricted UniestrittEd 19 18 7.920 459,154 539.537 Total funds 20 539.537 467,074 These financial statements were approved by the trustees and authorised for issue 24 April 2026on their behalf by.. Sally Anne Watkis Company Registrytlon Number- 01712569 The notes on pages 25 to 37 Form part of the5efinancial 5taternents. WOMEN'S TECHNOLOGY TRAINING LIMITED Statement of Hnanclal Acthities linduding Income and Expenditure A(count) Year ended 31 July 2025 Comparative intormation for the year ended 31 Jufy 2024 Unrestrlcted Fthnds Restrlrted funds Totsl 2024 Total zozy Income from: Charitable attivitle5 966,055 315,124 1,281,179 1.114,067 Total income 966.OS5 315.124 1.281.179 1,114.067 Expendltsreon: Charitable activitie5 923,603 207,204 1.230,807 1.077.109 Total expendlture 923.603 307.204 1.230.807 1.077,109 Net incomellexpendlturel for the year li 42.452 7,920 50.372 36,958 Total funds brought lo￿ard 416.702 416.702 379,744 Total funds tarwled fon¥ard 459.154 7.920 467,074 416,702 The charoty has no recognised gains or105ses other than the re5uhs for theyear as set OLJt above. All of the activitie% ol the charlty are classed as continuing. The notes on pages 25 to 37 form part of these finanual statements. 221 P3gP WOMEWS TECHNOLOGY TRAINING LIMITED Statemeni ol Cash Flows For the year ended 31 July 2025 2025 2DZ4 Cash flowfrgrn oper*ing acti 22 168,6741 31,659 Cashflow from invesiing actNllle5 Interest recetved 154 Net cash flow from investing activttie5 154 Cash Ilow from artlvltles New borrowi Repayment of lon8tem loans Intefe5t paid I30,￿) 141,5631 113.2221 125,6671 15,0041 Net cash flowfrom financing acti￿tIeS 75,215 130,671 Net IdecrEasellkncTèase In tash and tssh equlvalents 6.695 988 sh and cash equivalents at l August 2024 125.2391 126,2271 Cash and cash equfvalentsat 31 Juty2025 118.5441 125,2391 Cash and cash equivalents consists ofr. Cash at bank Bankoverdrdft 2.030 120.5741 12S,2831 118.5441 125,2391 The notes on pages 25 to 37 fomi part of these financial statements. 241 Page WOMEN'S TECHNOLOGYTRAINING LIMITED Notes to Flnandal Statements Year ended 31 July 2025 Summaryof accountlnB polldes lal General Inforniathn and basls of preparntlo Women's Technology Training ￿mItEd ￿ 3 iotnpany limlted by guarantee anii 3 registered charity incorporated in EnBland andWale5. In theevent of the chartty beng wound Upi the liability in respect of the guarantee 15 limited to £1 per memoer ol the char.'ty. The addre55 of the resistered oflice 15 8ivÈn In the charity information on page 2 of these financial statements. The nature of the charitrfs operatlOn5 nd principal activities are set out in ihe Trustee￿ Report on page 3. The charlty ￿nStItuteS a putdic be.iefft enttty as defined by FR5 102. The financlal statements have been prepared in accordance ¥itth Accountin8 and RepD1ins by Charities.. Slatement of RecDmmended Prattice applicable to charitie5 piepzring their financial 5tatement5 in accordance with the Flnancial Reporting Standaid apolicable in the UK and Repu?lic of Ireland IFRS 1021 issued in Octobpr 2019. the CharitTres Act 2011, the Companies Act 2¢￿ and UK Generally Accepted Accour,ling Practice. The flnanaal statements a￿ prepared on a going concern basis underthe historical cost conv￿tIon. The financlal statements a￿ p￿Pared in sterbin8 whKh is the funttional currency of the charlty and rounded to the nearest £1. The signrficarst accounling rdicies applied in the preparalion ol these financial statements are Set out below. These wlicies have been conslstentty applled to all years presented unless otlervA5e stated. Ibl Funds Unrestricted funds are availaNe lor use at the discretion of the Irustees in furtherance of the general objectiwes of the charity and have not been deslgnated forother purposes. Restricted funds are funts whlch are to be used in accordarKe with specific rastritions irnposed by don0￿ or which have been ralsed by the charity for particular purposes. The costs of raising and admlnistering such funds are chargÈd agalnst the spedNc Fund. The aim and use ol each restricted fund Is set out In the notes to thellnancial statements. Icl In¢ome re¢o8nltlon All incorning resources are ind￿led ITr the Stoternent of Financial Activttie5 ISOFAI when thE charity 15 legally entttled to the income after any perforrnance condition5 have been meL the arnount can be measured reliablyand it is probable thai the income VAII be ￿eNed. For donètlons to be rEu¥nised the charity will have been notified of the èmounts and the settlement date in writing. If ihere are condrtions attached to the donation and this requires a level of performance belDre entitlement can be obtained then income is deferrod until those conditTons are lully me.: or the fulfllm@nt of those conditSons 15 within the control of the d)arfty and It 15 probable that they will be fulfilled. No amount is included in the linanoal statements for volunteer time lft line with the 50RP IFRS ID21, Further detail 15 8iven in the Trustee5' Annual Report. Income from charit2L71e actiwti& includes inc(mo ret￿Yed under contratt or where entltlement to 8rant fvnding 15 subject t0 5peci?I perfortnance condttlOn5 and is ieco6lli5ed a5 eamed as the related 5erYices are prowded. Grant incorne induded in this category prov,de5 fundir8 to 5UPPQrt perfijrmance artiwtie5 and 15 recognised when there is entitlemen¢ certainty of receipt and the arllount5 con be rnea5U￿d ￿th Suffic￿nt reliability. 251 Page WOMEN'S TECHNOLOGY TRAINING LIMITED Notes to the Flnanclal Statements l(tyrthwdJ Year ended 31 July 2025 Summary of3ccountl￿ pOlk￿S lthntknwd] Idl Expendlture reco8nition l expendrture is accounted for on an accruals basis and has been classified under headings that a88￿8ate all costs related to the cate80ry. Expenditure is reco8nised where there Is a legal or construrtive obligation to make payments to third parties. it 15 probable that the 5ettlernent will be required and the arn￿nt of the obligation can be measured rdiabty. It Is categorlsed under the follo￿n8 h￿dIn8$. Expendttuie on charitable acil￿tieS inclLvJe5 Costs as51xiated with the charity Including supp)rt Costs as appropriate. other expenditure rep￿ents those ￿emS not lallln8 intothecategory above. Support costs ailoc*lon Support costs are those that assist the woik of the charTty but do not diTettly rep￿Sent charitable activities and include office costsp govemance costs and administrètive payroll ¢￿t$. They a￿ incurred dircttly in support% of Expenditure on the objects of the chanty and include projett management EarTied out at the charr£ls r￿IStered office. Where suppJrt Costs cannot be directty attrib￿ed to particular hEadin85 they have been allocated tOC05t of raisill8 fun(ts and expenditure on charitable activities on a basis con515tent with use of the resources. The analysis of these costs is included in note 6. In Tantlbk fryed assets Tan8lblefixedassets arestated at cost lor deemed costl orvaluatlDn le55 accumulated depreciation and accumulated Impalmient losses. Cosi irKludes costs dlrectty attributable to making the asset capable of operating as intended. Capitsl expenditure on equipment Is wrtien off in the period in which It Is Incurred rf purchased from grant income. Individual a55et5 are capitalised on the balance Sheet where th￿rc0st exceed5 £100. Depreci3tbon is pr(wided on all iangible fixed assels. at rate5 calculated to write Dff the cost. less esiimated resldu81 valu4 of Èach asset on a systematic basis over its Èxpotted useful Ilfe as follows: Computers Fixture5 & fittings Equipment Leasehold improvements 10- 33% perannum 10-20% per annurn 20% per annum 1-10% per annum tsj Debtors and credltors rece￿ble I Payab￿ wlthln one￿1 Debtors znd crediiors no stated interest rate and receivable or ￿Vable within one year are reEDided at transaction priEe.Any1055e5 arising from itnpairrnent are recogni5ed in expendrcuie. 261 Pase WOMEN'S TECHNOLOGY TRAINING LIMrrED Notes to the Flnanclal Statements [Cothh￿l Year ended 31 July 2025 Summary of attountlry pollcles ICoThtkM* {hl Fknanclal Instruments The Charity has elected to appty the prO￿510￿S ol Section 11 'Basi£ Financial In5trtJtvent5' and Sectio 12'0rher finaTrDal InsTrurneTrts Is$(￿. of FRS 102 to all of ts financial instrument5. Vinanclal Instruments are recogn￿ed in the chadtys balan￿ shed when the charity becorne5 party to the contractual provision5 01 the instrument. nanci31 assets and liabilityes are offset, wirh the ner amounts presented in the financial Statements, when there is a legzlly enforceable right to Set off the recognised amounts ayd there 15 an intpntiDn to settle on a net bass orto reali5e the asset and setde the liabilff(y 5imuitaneously. Baskflnundulussets Basic financial assets. which inclLMJe debtors and cash and bank balances, are inilially measured It transEction price including tranS￿l0n costs and are subsequently carried at arnortlsed cost USln8 the effective interest method unless ihe arrangement constitutes a financing tran5actbn. where the trans2u¥tin is measured at the preswt value of the fvturÈ rÉ(Èipts discounted at a market rate ol interest. FI￿anCial a55et5 cla5srfied a5 receivablewithin one year are not amnrtlsed. 8usrcfvvJnckYlllubJTries Basic financial liabilitie5, including creditor5 and bank loan5 are In￿tIal￿ reco8ni5ed at trdn5￿lI￿ pricÈ unless the arrangernent constitutes a financing transact￿￿. Whe￿ the debt instturneTrt 15 mea5Jred at the p￿Sent value of the future teceipts discounted at a market late of intew. Financial liabilities cla55ifipd a5 payable wthin one year are not arnorti5ed. Debtlnstru￿ents are subsequen￿¥ carried at arn￿tised c05t. usingthe effectNe intewt Tate rnethod. TrddE LTeditor5 are obligations to pay for goods or 5erwce5 that have been acquired in the ordinary course of operat￿n5 from suppliers. Amunts payable are classified as currEnt liatmlities i, payrnent Li ¢Jue within one year or less. If ￿t. they are presented a5 fton-(urrent liabilities, Trade creditor5 are recognised initially at transartiod priceand Subsequently measured at arrH)rt15edc05t U5ingtheeffective interest method. Derecokinffltion olflnun¢rallknl Financial liebilities are derecogni5ed **th￿ the chaittvs contractual o￿leationS expire orare discharged orcancdled. Loans and borrowlnos Loans and borrowing5 are initially recognised at the transactK)n price includlng transaction Costs. s￿bseqUeNt￿. they are rrEasured at amortised cost using the effective interest rate rnethod. less impalrment. ff an arrangement constff(utes a finan￿ transartlon Is measured at present value ui Prov15ion5 Provisions are [ecw￿d whe￿1 the charity has an obligation at the balance 5hEEt date a5 a Tpsutt of a 5t evenL it 15 probable that an outflow of ￿0￿0￿1C benefits wll be required in settlement and the amount can be reliably estimated. 271P4ge WOMEN'5 TECHNOLOGY TRAINING LIMITED Notes to the Flnanclal Statements ICth*knwdJ Yearernled 31Jufy 2025 Summaryotacu>untlng polkles Icontw Operatln8 leases Rentals piyable and reC￿Vable under operating leases are charged to the SOFA on a straight line basis over the period of the lease. Employee bèntffts When employees have rendered service to the charlty, short-tem) employee beneflts to whlch the employees a￿ entided a￿ r￿niSed at the undscounted amount exwed to be pald Sn exchan8e forthat 5ervKe. The charity operates a defined coniribution plan for the benefit of its employees. Contrlbutions are pensed as they become payable. Tax The charity Is an exempt charity within the meanlt)8 of schedule 3 of the Charitles Art 2011 and 15 considered to pass the tests set out in Paragraph I SthedLile 6 Finance Art 2010 and therefore it meets the definition of a ch8rttable company for UK corporation lox purpD5e5. Going concern The financial siatements have been prepared on a going Concem basis as the trustees believe that no rnaterial uncertainties e￿5t. The trustees have considered the le¥el of funds held and the expected level ol income and expenditure for 12 months from authorising these financial statement5. The budgeted income and expenditure is suffioenl with the lthfel OF reserves for the charity to be able to continue as a going concern. Re#r1(￿d Funds Income from donatloThs and ￿eS Funds 2025 2024 t)onation5 12.455 4.976 17.431 281P3ge WOMEN'S TECHNOLOGY TRAINING LIMITED Notes to the Flnanclal Statements I(￿￿Th￿d] Year ended 31 July 2025 Intome from dbaritsble adivttie5 Total 2025 Total 1024 Funds Fund5 Income from educauon conlr•cts LiveTpoDI Gty Region Combtned AuthDrty DfEIESFA 933,453 75.898 J22,122 1,055,575 75,898 946,562 84,37Q Grants recelvable Allen & CNery Indred ULSPF Funding Power to Change National Lottery Fund Pro8re55 Partnership-vola John Moores FoundatiL)n SmallwoodTru5t Wellnes5 Project Fund Northern Impact Fund Vola- Dlgital Connertivity Women's EnterprisE GrDwth PrD8rammÈ Inner¥ision Black Bu5ine55 Support Pro8ramme .333 34.588 ,333 34.588 12,500 17,378 48.126 G6,883 36,617 37,607 36,617 37,607 5,000 29.329 27,370 18.041 7,920 24.179 24,179 646 16.671 4.264 13.244 6,562 iO,(M)O 6,412 6,049 3,408 16,671 4,264 13,244 6,562 io,¢y)o 6,412 6,049 5wrt England Steve Mor8an Foundatro The Ma50n5 EtID Other income 17.700 1,036,938 303,115 1340.053 1,281,179 £315,124 of the a￿Ve incorne in 2024 wa5 ottriiwJtable to restricted funds and £966,055of the above income in 2024 wa5 attributable to unrestricted fund5. Incomèfrom In¥estments Unrestrlrted Funds 2025 2024 Bank interest re￿VablE 291page WOMEN'S TECHNOLOGY TRAINING LIMrrED Notes to the Financial Statements Iconii Year ended 31 July 2025 Analy>s ofexpendilure on chafftable 8Ctr¥ltles Attrvlties undertaken dlrÉrtty Support Totèl 2025 Total 2024 College 732.356 552.819 1,285,175 1,230,807 £316,01112024 £307,204) of the above costs were attributable to resÈritted fund5 and E969.16412024 £923,603) of the above costs were attryb￿abIe io unre%tricted funds. All￿at￿)n Df 5UPPOrt r05ts 2025 2024 Man4ernent salaries Premises costs Office costs DwÈciatS0rn and impalrment Professional OthEr Govemance lsee note 61 211,063 170,688 31.379 24.904 36.086 66.699 12,0(K> 223,457 241,444 64.762 24.843 48.772 22.021 11,220 552.819 636,519 2015 2024 ALJdit and accountancy fees 12.ormj 11,220 staff costs and numbers 2025 2024 The aggregate payroll costs were: Wage5 and salaries Social security costs Other pension costs 711,882 S7.526 15,437 631,720 43,049 15.389 794,845 690,158 19,5791 6.002 Staff recharg Subc￿traCted staff 21.057 Total 815.902 686,581 30Ip3ge WOMEN'S TECHNOLOGYTRAINING LIMrrED Notes to the Flnanclal statements Icothwdj Year ended 31 July 2025 stsff costs and numbers 2025 No 2024 The averaee number ofstaff employed bythe charity durÉng the year amounted Aéminislrative stsff Part-time tutors Tutors Management 13 li li 14 15 36 32 There were no employees included in the above whose emoluments, exCI￿lIng pension C(￿tributIOns, exceeded £60,LKYJ12024 None). TIu5teeg and key m3nagernent personnel remuneratlon and expenses No remunwalion was paid to the trusiees durin8 the year for thdr servlces as trustees12024 £Nill nor were any expeD5es ￿l￿bu￿ed(2o24 £Nill. The total amount of employee retDunerdtion retei¥ed by key wnaDa8ernent personnel is £55,169 12024 £139,074). The charity consider5 Wt5 key rn3nagement personnel to cornpri5e the Chief Executive. Head of EducatK)n and the Director of BusiDe55 Development and Comrnunication5. In thi5 previou5 year thi5 also induded the Head of Education and a sha￿d c05t of the Chief Executive with Blackbume Fk)use. io. irterest payable 2Q25 2024 Loans and overdrafts 13.222 5.263 11. Net Ino)me lor the year 2025 2024 Thls Is ststÈd after chaolnK: Staff pension contributions t)epreciation and impairnient Audltor5' remuneratlon- as audtto 15,437 24,904 12,(KlO 15.389 24,843 11,220 12, Taxation The cornpany is exernpt frorn corrmrarKJn tax on its charitable attiwtie5. WOMEN'S TECHNOLOGY TRAINING LIMrrED Notes to the Flnancial Statements ICrnthued] Year ended 31 July 2025 13. Tanglble IW assets Computer Equlpment Flxtures & Flttln E4uipmÈnt Total C05t At I Au8USt 2024 and at 31 July 2025 5,740 142,676 129,022 277,438 Dèprecta￿ort and ImpalM￿ni At l Augusr 2024 Charge for the year 5.740 68,229 14,501 58,207 10,403 132.176 24,904 At 31 JU￿ 2025 5.740 82.730 68.610 157,080 Net book Value At 31 ju￿ 2025 59,946 60.412 120,358 At 31 2024 74,447 70,815 145,262 Debtors 2025 2024 Grants rece￿a￿e Trade debtors other debtors Prep3yments 102.210 2,328 710,63D 18,707 121,453 6.209 437.094 29,988 833,875 594,744 Other debtors include5 a loan to Blackburne House of E710.13012024 £437,094) of which £394,28612024- E394,2861 is ￿ be repaid after more than one year. Creditors., Amounts fall1￿ due whhln oneyear 2025 2024 Bank ovefdraft Northern Impact Fund 2 k>an Livv Housing Group loan Trade credltors Other credltors Social Security and other taxes Deferred incO￿.e Accmals 20,574 29,945 50.746 31,213 3,407 137,284 62,878 21,6(X) 25,283 25,666 54,537 4,110 68,420 48.593 20,700 357.647 247.309 321pa8e WOMEN'S TECHNOLOGY TRAINING LIMITED Notes to the Flnanclal Statements 1C•rtkn￿] Yearended 31Juty2025 16. Credknrs: Amountsfalllngdue more than one year 2025 2024 Northem Impact Fund 2 Loan vv Housing Group loan 25,667 59,079 59,079 25,667 On the 31 July 2024 a Northem ITnpact Fund 2 loan of £77.00) was rtteived whlch is repayable In monthly instalments over 3 years at a rate of Interest of 12.54%. In tandem wrth the ban. a Northern Impart Fund 2 8rant ofE23,WD was r￿e1ved. On 8 August 2024 a Housing Group loan of £130.Im was receNed which is ￿paYable in rnonthly instalments over 3 years at a rate of inierest of 7%. In tsndem with the loan, a grant of £20,CKJO was awardE¥A to fund growth initiatives. Loans and overdrafts Creditors include loans which are due to be repaid as folk)w5-. 2025 2024 Amounts payable: In one year or le55 or on demand In More thln one year but no than two ye3rs In more than two years but Th) rTh>￿ than fweyear5 101.265 54.414 4,665 50.949 25.667 160,344 76,616 17. Commlbnems under operatinu knES Assets other than land and bulldln85 2025 Z024 At 31 July 2025the charity had future total cowntnitrnents under non- caTrcellable operating lease5 a5 folkM5- Wrthin one year Between two and fi¥e years 1,176 14,117 1,176 1,176 15,2g3 Unrestrlrted funds Asal i AU￿￿t sat 31Ju 2025 Income Expendlture General fund 459.154 1.049.547 1969.1641 539.537 331P3ge WOMEN'S TECHNOLOGY TRAINING LIMITED Notes to the fflnanclal Statement5 ICMth¥Md] Year ended 31 JLtty 2025 Unrestrltted funds Icontlnwedl Comparative Information in resp* of the preced1￿8 period is as follows- Asat 31 july 2024 l August 2023 Eyndlture General fund 416.702 966,055 1923,6031 459,154 19. Re5trlrted funds AS¥t 31July 2025 i August 2024 Income Expendlture Vola- Digital C4)nneLtivty Grant SSE North West ULSPF- ￿ndred Uverpool Qty Region Combined Aijthority WDtnen's Enterprlse Growth Programme Innerylsion Black B(Lsiness ￿pplieS ProEr3rnme Sport En8land National Lottery Corntnunity Fuvd Livv Housing Goup Allen & ￿ery FoundatiLin Progre55 Partne￿￿1p Steve Morgan Foundation The Mason5 Etio Wellness Project Funding 7,920 18,5661 134,5881 1122,1221 116,6711 14,2641 16.5621 136.6171 113.3441 18.3331 137.607 Iio.IK)O 16.4121 16,0491 14,9761 122.122 16.671 4.264 6,562 36.617 13,244 8,333 37,607 iO,O(NJ 6.412 6.049 4.976 7.920 308.tBi 1316.0111 341VBge WOMEN'S TECHNOLOGY TRAINING UMITED Notes to the Flnanclal Statements Iconth Year ended 31 Juty 2025 19. Restrfrted lunds IContlTruedl Comparatlve information in respect of the pre￿dIng period is a5 fdlows.. Asat 31 July 2024 i AuBUSt 2023 Income Empendlture Vola- Oi&it)I ConnectI￿ty Grant 5SE North West 5ubGrant- year 10 SSE North West Sub Grant Power to Change SS£ North West UKSPF LNer￿OI fjty Region Combined Authortty- EAS ILSFIALSI LCRCA knfetime Skills ESFA 16-19 8ursary John Moores Foundatlon National Lottery Commvnity Fund Northern Impact Allen & Ovvy Wellness Project fvnding 7.920 4,977 43,149 17,378 7,920 14,9771 143.1491 117,3781 51.746 57.21 2.950 151.7461 157.2101 119501 15.0001 166.8831 118,0411 I12,5￿) 127,3701 66.883 18.041 12,5fKJ 27.370 315,124 1307.2041 7.920 20. Analysls of net assets bttswÈ¢n funds Cred￿or9 due after one year Iletcurrent Assets Total Unrestricted funds Restricted funds 120.358 478.258 159,0791 539,537 120.358 478.258 159,0791 539,537 Comparatlve Information In respect of the preceiling period rs as follows.. Credltors due after one year Tanglbk NÈtCurrertt Fued A$5ets et5 Total Unrestricted funds Restricted fund5 145,262 339.559 7,920 125,6671 459.154 7,920 14S.262 347,479 125,6671 467,074 351 P3ge WOMEN'S TECHNOLOGY TrAINING LIMITED Notes to the Financial Statements IConthM Year et)ded 31 Juty 2025 21. Analysis of thanges In net debt 31 )￿tY 2024 Cashfiow5 Non rash thanges 31Ju 2025 Cash at bank anij in hand Bank tsverdraft 1,986 4,709 2,030 120,5741 125,2831 125.2391 6.695 118.5441 Debt due wlthln one year Debt due after more than one year 125,6661 125.6671 188,4371 33.412 133,4121 180.691 159,0791 Total net debt 176,5721 181.7421 1158,3141 22. Reconciliation ot net Incomel{expendltUTelto netf35h flow Irom operat1￿% actlvltles 2025 2024 Net incomefor the yearllexpenditurel Dep?ciatiDn and impairtnent tangl￿e fixed assets Interest payable Interest reC￿vable Ilncrea5el in debtors Increa5e/ Idecreasel in creditors 72.463 24,904 13,222 11541 1239,1311 60,022 50,372 24,843 5,263 171,0231 22,204 Net cash flow From operating acti¥illes 168,6741 31,659 23. Related partytransactlons Wornen's TEchnolDgy Ti&ining is rÈlated to Blackbume HOJSÈ by virtue of common directDfs and influence. Both these chari-.ies operate from the Same Regi5tpred Office. During the year Blackbume House charged Wornen's Technology Training Litnited rent and servKes of £233,672 12024 £312,720), and othÈr administratlon. project and se(ondment cost5 tota':ling £1.962 12024 £53.IC61. During the year Women's Tuhio108y Trainin8 charged BI￿kburne House £Nil 12024 £49.9381 for admini5tratiori c05t5 and we refunded £Nil12024 £16,912) in relation to overstated chil¢kare costs. The above exclude VAT on vatable it•￿. At the year-end Women's TechnotyyTraining was owed £710,130 by Blackburne Hou5e12024 £437.0941- Pensknn scheme contributiQnS The chartty operate5 a defined contribution pension stheme for its employees. The assets of the scheme are held separately frorn those of the charity in an independently administered fund. The pen5iOll Cost charge rep￿ents contributions pald by the chadty to the defined contribution scherne which amounted to £15,437 12024 £15,389). 361p3ge WOMEN'S TECHNOLOGY TRAINING LIMrrED Notes to the Financial Statements l(OTrlknwdl Year ended 31 July 2025 2S. Deferred Income Under I 202S 2024 At I Au8USt 2024 Additions Anwunts released to income 48.593 62.878 1485931 48.593 62.878 148,5931 96,951 48,593 196,9511 At 31 July 2025 62.878 62.878 48,593 Incorne has been deferred where it 15 re£￿Ve￿ in advance of the period to which it relates or where performance of the actiwtie5 to which tt r￿are5 has not yet been undwraken. 26. Accrued fundlnB commltments Under I ￿•r 2025 2024 At I AuEUSt 2024 Additions Arnounts paid during the year 121,453 102.210 1121.4531 121.453 102,210 1121.4531 94,810 121,453 194,8101 At 31 Juty 2025 102,210 102.210 121,453 Accrued funding commitment5 attributed to restr￿le& funds is £2.231 12024 £4.1671 and £99.97912024 £117,286) was attributed to unrestrirted funds. Company Ilmlted by guarantee The cornpanyis limited by guarantee and has no Sha￿ capital. On the vmndlng up of the company each mamber ￿11 contribure £1. Capr(al ¢omrnitmen The￿ were no capital commitments as at 31 202512024 ENill. 371P4ge