IIEI GISTII 11[4 D COMPANY NUMBEI R: N1022541 (Noi'thei'n Ii'elaT)Il) REI GISTEREI D CHARITY NUMBEII: NIC100149 Repoi'l of the Ti'ustees and Fiiiancial Statements foi. the Yeai. Ended 31 Mai'ch 2023 for Womeii's Resoiirce and Developmeiit Agency Coinpaily Lir¥]ited (A Company Lin)ited by GuAI'antee) Lynn Di'ake & Co Ltd Statiitoiy Aiiditoi-s I st fiooi- 34 B-D Maiii Sti'eet Moii-a Co. Ai-jnagli BT67 OLE Wonien's Resoiirce aT)Il Dei'elopment Agency Company Limiteil Conteiits of tlie Fiiiaiicial Statements foR' the Yeai. Encleil 31 Mal'eh 2023 Page Refei'ence an(1 A(Iministi'ative Details Repoi't of tlle Tp'ustees 2to8 Repoi't of the Indepeiiilent Auditors 9t0 12 Statement of flinancial Activities 13 Statemeiit or r4 inancial Position 14 Statenieiit of Cash Flows Notes to the StatemL'nt of Cash Flows 16 Notes to the Financial Stq¢ tements 17to32 Detailed St&2tement of Financial Activities 33to34 Won)en's Ilesoui'ce An(1 Developiiient Ageiicy Company Liiniteil Refei'ence an(1 Acln)iiiistJ"ative Details foi. the Yeai" En(led 31 Mai'cl) 2023 TRUSTfi,ES Aiii)e O'Reilly lcai'eii Ai-iiisti'oiig Fileen Weil. Alexaiidi-a Mccai'i-y Robyii Clai'e Scott Deboi'ali Paiila Kelly (i'esigned 281912022) I"ai-a MagLllI'e (i-csigi)ed 2211112022) Aiii)e MeGale (i-esigiied 231512022) Keiidall BoiisqLiet Caoiinlic N i Dlioiiaill Miclielle McLaLigl)lin (appoiiited 11912022) COIVIPANY SEI CIIETARY Eileen Weil- REGISTIRED OFFICE 6 MoLllIt Chai-lcs Bclt"ast Co. Aiiti-iin BT7 INZ REGISTERED COMPANY NUMBEI R N1022541 (Northei-n Irelaiid) REGISTERED CHARITY NUMBER NIC100149 AUDITOIIS Lynii Di'ake & Co Ltd Statiitoi'y Aiiditoi-s I st Flooi- 34 B-D Maiii Sti-¢¢t Moira Co. Ai-iiiagli BT67 OLE Womeii's Resout'ce aii(l Develo[)nient Ageiicy CoinpaT)y Limited Rei)oi't of thL' Ti'iistees for the Year Ei n(led 31 Mai'ch 2023 Tlie tl'LlStees wlio al-e also d ii'ectoi's of tlie cliai-ity foi. tlie piii-poses ot. tlie Coiiipaiiies Act 2006, pi-eseiit Llieii. i-epoi-t witli tlie fiiiancial stateiiieiits of tlie chai-ity for tlie yeai. elided 31 Mai'cli 2023. Tlic trLlStees liave adopted tlie pi'ovisioi)s of Accoiiiitiiig and Repoiting by Cliai'ities.. Sta¢eineiil of Flecoinineiided Pi'actice appl icable to cliai'ities pi-ei)ai'iiig tlieii. (ICCOLllits iii accoi'daiice witli tlie Fiiiaiicial Repoi'ti lig Standai'd ai)pl icable iii tlie UK aiid RepLiblic of Ii'elaiid (FRS 102) (effective l JaiiLiai'y 2019}. OBJECTIVEI S AND ACTIVITIES Objectives and Aims Tlie aiiiis of tli¢ cliarity (wliicli lias 700 meiiiber gi-OLlI)s aiid iiidividLials tlii'oiiglioLIt Nottliei'ii Ii-elaiid) liave beeii encapsiilated iii tlie fol lowiiig iiiissioii stateineiit.. WRDA'S iiiissioii as a I'egioiial oi'gaiiisation is lo advaiiee woiiien's eqliality aiid paiticii)atioii iii society by woi'ki lig to ti'aiisfoiiii pol itical, econoinic, social aiid ciiltiii'al coiiditions. Tlie Folloiving al'e Key Aims of WRDA To develop tlie capacity of woinen froiii disadvaiitaged iii'baii aiid i-111-al coininLlliities to t1( ckle ineqiialities affecting tlieiii. 2. To advance woiiieii's eqiial ity and paiticipatioii in al l aspects of pol icy aiid decision Inakiiig. 3. To pi'ovide leadei-ship, iiifi'astl'LlCtLlI-al siippoi'l aiid advocacy witliili tlie woineii's sectorliiioveineiit. "ro sti'eiigtlieii tlie capacity of WRDA to cai'i'y OLIt its I'ole ettectively. Women's Resoui'ce aiid Deiielopinent Agency Coini)aiiy Limited Repoi'l of tlie Ti'iistees foi. tlie Yeai. Eiicleil 31 Mai'cli 2023 OB,JFCTIVEI S AND ACTIVITllI S Key aetivilies of the Oi'gaiiisatioii Tl)e followiiig al-e tlie Icey activities ot WRDA-. 4 iiipowei'ment aiid Tackling Inequalities: CoiiiiiiLlliity Facil itatoi- Pi-ogi'aiiiiiie Leiiel 3 delivei'ed iii Oiiiau17 Wltli 14 ivoin¢i) coinpletiiig. Ciiiniiiiiii ity Facil itatoi- ForLllii 15 woiiieii coiiii)leled i-efi'esliei. tl'c 11) iiig aiid Lipski I l iiig. Coiiiilliiii ity Caiii paigiiei-s Coiii-se Level 3 ivitli 21 woineii coinpletiiig. Woiiicii iii Leadei'sliip C.OLlI-se Level 3 witli JO ivoiiieii coiiipletiiig. Mcileriial Advocacy & %iipport Pi'ogi',11nii)e Level 3 witli 14 ivoii)eii coinpletiiig. ise Yoiii. Voice woi-ksliops x 20 ivitli 380 people coinpl¢tiiig. Goals ti'aiiiiiig x 12 witli 142 ivoii)ei) coiii pletiiig. Liiiployabi lity & Eiitei'pi-ise L¢vel 3 pi'ogramme x 12 witli 13 8 Mioimeii coiiipletii)g. WRDA delivei-ed 120 Bi'east C¢i'vical & Boivel (BC&B) sessioiis to 1,392 paiticipaiits. Delivery of 78 bespoke BC&B sessioiis to 674 pailicipaiits witli Additional Suppoi-t Needs (ASN). Vii'tLial aiid i li p¢i'soii a(teiidaiice at 150+ ji)fori)iatioii/eveiits/liea Itli days. Oiie Impact Aiialysis i-eport pi'odiiced based oli BC&B paiticipaiit data foi. Yeai. Eiglit. l)olicy & Advocacy Support: 72 bi-i¢fiiigs, bespoke i-epoits a51d letters PLibl ished fi'oiii WRDA aiid Woincii's Pol icy Gi'oiip (WPG). WRDA coi)tiiiiied to pi'ovidc seci-ctai-iat to WPG aiid I'espoiided to 46 coiisultatioiis aiid evideiicc SLibiiiissioiis. WRDA coiitiiiiied to pi'ov ide i-epi-eseiitatioii oli govei'iiiTJeiit & Coiniiiiiii ity aiid Voliiiitai-y Sectoi- (CVS) boai'ds aiid paitiiei'sli ips aiid atteiided 70+ pol icy foi'a iiieetiiigs. Lc)bbyiiig aiid policy ivoi'k coiiliiiLied for tlie Cliildcare foi. All cainpdigii witli tlie Cl)ildcai'e All Party GI-OLIP (APG). Leadei"ship and Infi'astructui'e Suppoi'l: WIIDA coiiti iiiied to pi'ovide iiifoi'iiiatioii aiid SLIPPOI-I as a Ineiiibei'sliip orgai)isation tlii-OLigli Woiiiei)sl iiik (iiieiii bei'sliip 150+), website aiid social iiiedia platfoi'ins aiid l)osted 13 Ineiiibei'sli ip aiid iiiforiiiatioii eveiils. WRDA Inaiiaged tlie coiiiinLiiiicatioiis of Woineii's Rcgioiial Coii801-liiiiii (WRC). WRDA is tlie I'ei)resei)tative of tlie ivoii)eii's sectoi- oli tlie Joiiit Foi'iim. MAS-Matei'iial Advocacy & Siippoi't Pi'oject siipported 132 woiiiei) aci'oss eight woineii's ceiiti'es. WRDA coiitiiiiies to woi'k iii paitiiei-sliii) witli WSN, R TA aiid Nl WIIN to deliver il)e Raise YoLlI' Voice pi-oject, tackl iiig sexLial liai-assiiienl iii COlnliiLllllties aci-oss N l. Iii paitiiei'sliip witli WSN, NIR WN aiid RTA siiceesstiilly delivei'ed a £374k pi-oject foi. a Iiew pi'oject eiititled Woin¢ii Bi'¢akiiig Bai-j'iei-s (WBB). I li paitiiei-sliip witli WSN, N I R WN aiid R TA, 1111 applicalioii to tlie U KSPF was siibinitted aiid siiccessfiil foi. £1 .3 In aiid wil I coiniiiei)oe Apri12023 foi- two yeai's. Iii partiiei-sliip witli WSN, Woineii's Platt"oi-iii aiid NIRWN siiccessfLilly delivei-ed Yeai. I Woii)eii's Spaces Pi-oject. W IIDA coi)tiiiiied to engyage iviili tlie woi))eii's sectoi. & civic society tlii'oiigli Nl WRN, Woiiieii's Platfoi'iii, WSN, RTA, I-IERC Nl, Alliaiice foi. C170ic¢ (AFC), Nl Woineii's Blidget Gi'oisp (NIWBG) aiid Youtli Actioii. Women's Resoui'ce an(1 Development Agency Conipany Limite(I Repoi't of the Ti'ustees for the Yeai. Encled 31 Marcli 2023 OBJECTIVES AND ACTIVITIES Oi'ganisational Development: WRDA coiidLlCted a Boai'd Skil Is Alidit soiiie yeai-s ago wli iLli ideiitified gaps wliicli lias eiiabled a Iiioi-L sli'cltegic aiid fociissed recriiitiiieiil aid foi. iieiv Dii'ectoi's. Neiv WRDA Dii'ectoi's iiiidei'go i iidLlCtion tl'clill iiig to bi'ief tlieiii oli I'oles & I'espoii8ibi l ities aiid tliei I. legal obl igatlolls Liiidei. cliai'it)i aiid coiiipaiiy law, tlie Maiiageiiieiit Coilliiiiltee aiid tlie decisioii-i)11c k iiig, pi'ocesse%, tlie sti'ategic & opei'atioiial plaiiii iiig pi'oc¢sses, tlie 01-gaii isatioi)al stl'LlCtiire aiid IKt)' oi'gyaiiisatioiial activities. A I I WRDA Dii'ectoi's ai-c pi'ov idecl Nvitli copies of Ilie Govei'naiice Maiiiial ivliicli iiicliides, Meiiioi'aiicl iiiii & Aiticles of Associatioii, Sti'ategic Plaii, Role Desci'iptioiis of Ex¢cLltive Ofticei's & Dii-ectol's ciiicl <1 I I statf desci'iptioiis. Developiiieiit day lield JLiiie ?092 ivitli all statf aiid MC iiieiiibei's facilitated by ali e.Klei'iial coiisiiltaiil aiid I'evi¢wed tlie Stl'lc tegic Plaii 2020-2025. WRDA coiiliiiiied to aiiiiLial ly I'eiiiew its iiieiiibei-sli ip, I'isk I'egFlStei- aiid fLiiidi'aisiiig sti-alegy. WRDA Dii'ectoi's al I IFive of tlieii. ti iiie fi'eely aiid iio Dii'ector I'eceived I'einiiiieratioii iii tlie yeai.. WRDA lias adapted tlie Natioiial ,loiiit Coiiiici l (NJC) pay scales foi- its Lise foi. iiiaiiy yeai-s tol loiviiigr (11) iiidepeiideiit job & salaiy evaliiatioi). WRDA Lises coiniiiissioned iiidepeiideiit evaliiatioii I'epoits <111d iiitei'iial Inoiiitoriiig I'eports as iiieasiii'es to assess tlie success of all woi'k sli'eaiiis. WRDA liosted five Placeiiieiil Stiideiits fi'oiii Qiieei)s Uiiivei-sity aiid U Istei. Uiiivei'sity diii-iiigy 20291?1. Tliey liave pi'odLiced a I'aiige of pi-iiiiai'y I'eseai'cli iiicliid iiigj oli jiiipi'oveineiits lo tlie Cli i Id MaiiiteiiaiiLe Sei-v ice, aiid periiiatal iiieiital lie¥1111i. Tlie Placeiiieiit Studeiits liave also coiiti-ibLlted ai'ticles aiicl blo posts oli topics I'aiigiiig fi'oiii peiisioii iiieqiial ity to tlie cliai'actei. of pali-iai-cliy in I'iiral ic reas. By pi-ovidiiig placein¢iit oppoi'tLlllities foi. stLideiits WRDA ci'eates a palli iiito tlie s¢ctoi- foi- taleiile(I woiiieii I'iglit at tli¢ stai't of tlieii. cai'eei's (oi. wlieii tliey al'e tliiiilxiiig of a careei. cliaiige iii tlie Lase ol. InatLlI-e stiideiits). To eiisLlI'e woi'kiiig class woineii cali vail of OLII. plaLeiii¢iit oppoi'tiiiiities WRDA covei's liii)cli ic iicl ti-avel costs foi. Placeineiit Stiideiils. We also offei. liybi-id placeiiieiits ¢0 eiisui-e tlie pai-licii)atioii ()[' disabled woineii aiid as i)ai'l of oui. coiiiiiiitiiieiit to woi-k I'egioiially to advaiiee woiiieii's eqiiality ¥iiicI pai-ticipatioii iii society. Public benefit Tlie tl'LlStees coiifii-ln tliat Iliey liave liad di]¢ i-egai'd to gliidaiice pi'odLicecl by tlie Coiniiiission I'eg1c I'diiig PLibl ic beiiefit. Direcloi's Tlie fol loivi lig coiistitLlted tlie d ii'ectoi's of WRDA as of 31 Mai-cli 20?3: Robyii Scott (Cliaii.) Caoiinlie N i Dlioiiail l {DepLIty Cliaii.) Icai'eii Ai-lnsti'oiig, {Ti-¢asiii-ei') Ei lecii Weil. (%eci-etai'y) Aiiiie O'Reilly Ale,xaiidi-a McC1c t'ry Keiidall Boiisqiiet Miclielle MLLaLigl)liii Wojneii's Resoiit'ce aiid Develoi)ii)eiit Ageiicy Company Liniiteil Repoi't of the 'fJ"iistees f()i' thL, Yeai. Ei nile(131 Mai'cli 2023 FINANCIAL REVIEI W Finaiicial position I'lie d¢tailed fiiiaiiLial I'esiilts foi- tlie yeai. elided 31 Mai'cli 2023 ai'¢ sliowii 011 pages 13 aiid 14 lo the fiiiancial stateiiicnls wli icli accoini)aiiy tliis i-¢poit. In siiiiiiiiai'y iiicoiniiigy I'esoui'c¢s wei-e £679,133, a deci-eas¢ of £152,287 011 the pi-evioiis yeai.. "I'olal i-esoui'ces expeiided inci'eased by £258,992 lo £872,797 foi- tlie year. Tliei-e was a I'eiiieasLlI-einci)t loss oli peiisioii plaii. 'fiiis i'esiilted iii a net deficit positioii of £193,664 fot. the y¢ai- eiidecl 31 Mai-cli 2023. Ileserves i)olicy Woii)en's Rcsoiii-ce and Developineiit Ageiicy Coiiii)aiiy Lini ited iiiaiiitaiiis a pi'Lideiit level of I'esei'ves to enable the oi'gaiiisation to Inaii(ige fiiiaiicial risk aiid d¢livei- 011 OLII. coiiiinitiiicnts. "rhe objective is thal the Oi-gJanisatioii woiild be able to carly oli ils woi-k, eveii it" faced witli a coinbinatioii of diffiLuIt Cll'CLiinstaiices, ai)d have tlie tiiiie to adjiist its sti'ategy to iiieet tliese cliaiigiiig cii-CLllllStances. I'lie I'esei-ves policy is set tliei'efoi'e to eiisiii-¢ tliat tliei'e is no disrLlPtioi) to tlie services at shoi't iiotice, dLie to a lack of fLiiids, (111 uiit"oi-e8eeii I'edLlCtioii in iiicoine 01- ali ii)ci'ease in exi)eiiditiii-e, wliile ic t tlie same tiille eiisiii'iiig tliat resei'ves al'e no Iiigliei- thali iiecessaiy aiid not i'etaiiied loiigei. tliaii i-eqLllI'ed. Tliis gives tiiiie iii tlie eveiit of a drop in fLindiiig, to seek altei'native fiiiids, I'estl'LlCt"Lll'e and ciit costs, whilst coiitiiiiiiiig to pi-ovide CLlI-i-eiit sei'vices. The chai-ity'8 policy is to i-etaiiTr a level of free i-eserves, wli icli Inatches tlie needs of tlie Oi'gaiiisatioii, botli at ilie ciii-i-eiit tiine aiid iii the foi'eseeable fiitiii-e. I'lie resei'ves i-eqiiii-ed shoiild be siifficient to meet coininitted gi-aiit expenditure, pei-soiinel and ovei'heads foi- a period eqiiivaleiit to six Inoiiths aniiiial expeiiditui'e. The cl)ai'ity will coJ)tIllLie to iiioiiitoi. coinpl lance witli this policy oli a regulai- basis and the Boai'd will i-eview tl)e appi'opriateness of tlie pol icy aiiiiLially. Wonjen's Resout'ce ancl DL'veloiiinei)t Agency Compaiiy Limited Repot't of the Ti'iistees foi. tlie Yeai" FJll(led 31 Mai'ch 2023 FINANCIAL REVIEI W Pi'incipal Rislis & Uilcei'taiiities Risk Policy anil Iiitei'iial Contl'ol Framewoi'k Woineii's ResoLlI cc aiid Developiiieiit Agiency Coinpaiiy Liin ited has establislied a coiiipi'eliensive risk iiiaiiageiiieiit i)i'ocess, wli icli seeks to ei)SLlI'e tliat tlie oi'oaiiisatioii Inaiiages aiid Initigates I'isk iii l iiie witli tlie agi-eed I'isk appetite of tlie oi'gaiiisatioii. Tlie Risk Aiialysi.q Mati'ix is I'egiilai'ly I'eviewed aiid tlioi'oLigrhly assesses at vai-ioiis levels iii tlie oi'gaiiisatioii and takes accoiint of Liiiceitaiiity, tlie iiatiii-c of tliat LIIILei-laiiity aiid liow it cali be addi'essed. Having pi-iinai-y I'espoiisibility foi. i'isk Inaiiageineiit, tlie Boai-d i'egLilai-ly ooiisider the Inaiii sti'ategic, bLisiiiess aiid opei'atioi)al I'isks faciiig tlie 01-gaiiisatioii. Tlie diiectoi-s coiifii'm effective coiiti-ols aiid I'eportiiig systeins are in place to lessen tlicse I'isks: 1.lie pi'incipal I'isks and iiiiceilaiiities faciiig Woineii's ResoLlI-ce and Developmeiit Ageiicy Coinpaiiy Liinited al'e as follows: Financial Stability: Tl)e pi-iiicipal finaiicial clialleiiges facing the 01-gaiiisatioii at'e iii tlie ai'eas ot iiicome geiiei'ation. Woineii's ResoLlI-cc and Developineiit Agyency Coinpany I,iiM ited is eiitii'ely I'el iaiit oli tlie goodwil l of Govei-liimeiital, I'elevaiit pai-tiiei. agencies aiid tlie piibl ic. The tl'LlStees al'e acLltely awai'e of tlie sigiiificant fiiiaiicial aiid otliei- cl)allengeq tliat lie aliead foi. tlie oi'gaiiisatioii aiid tlie people it siippoits. Tlie fiiiidi'aising eiivii'oiiineiit I'einaiiis vei-y eh(Il leiiging, Linceitaiii fLiiidiiig aiid soiiie pi-ojecls coiitinii iiig to be at risk of slioi-t-tei'in fLindiiig coiitinues to Inake fLltiii'e plaiiiiiiig exti-einely difficiilt. Tlie iinmediate clialleiigTe is to seciii'e funding fi'om I'elevant partnei. ageiicies tliat ivill siistaiii projects aiid posts iiito tlie fLltiii-e. Tlie 01-gaiiisatioii Nvill also be woi'kiiig to I'edlice aiid conti'ol costs by eiisiii-ing that its pi'ocesses al-e aiid pi'ocediii'es get tlie best valLie foi. Inoi)ey iii all expeiiditLlI'e. Iiici-easiiigly, to delivei. piiblic sei-vices thei'e is a I'eqLliI'eiiieiit to enter int() the tei)dei'iiig pi'ocess wliicli iiecessitates tlie iieed to be fLilly pi'epai'ed foi- tlie poteiitial cliallenges wliicli lie aliead. Govei'Eiance an(1 Managenient: Woineii's ResoLlI-ce aiid Developiiient Ageiicy Coinpaiiy Liinited lias govei'nance stl'LlCtui-es aiid pi'ocediii'es iii place to eiisLlI-e appi'opi-iate deci.qioii-iiiaking aiid iinpleinentatioii. As Ilie extei'iial envii-oniiieiit increasingly cliaiiges, aiiy 01-gaiiisational chaiige iii itiatives and pi'ojects al'e i-eviewed I'egiilai'ly by seiiioi- iiiaiiageiner)t aiid tlie Boai'd lias sti'iictiii'ed ovei'siglit of opei'atioiis aiid I'egiilai'ly I'eviews i-isk. Woiiien's Resoiirce aiid Developiiieiit Ageiicy Coinptlny Liiiiited staft" Ineiiibei's 1cl-e tlie key to SLiccess aiid tl)e oi'gyaiiisatioii pi'ioi'itises biiild iiig sti'ong i-elatioiisliips witli staff by ei)SLlI'iiig I'egLilo1- pei'foi'iiiance iiiaiiageineiit and coiitlllLiing staff developiiieiit ti'aii)iiig. Opei'atioiial: Tlie pei'soiial seciii-ity of staff aiid safety of beiieficiaries is Woineii's Resoiii'ce aiid Develoi)Ineiit Agency Coiiipaiiy Liinited higliesl pi'ioi-ity. Tlie oi'ganisatioii lias conipi-eliensive policies to eiisiire tliat this i'isk is appi-01)I'iately iiiaiiaged siicli as adhei'ence to Data Pi-otectioii, Healtli & Sat"ety, aiid Pi'otectioii fi'oin Abiise Polieies, Loiie Woi-kiiio ai'i-aiigeiiieiil aiid pi-ocedLlI'es are iii place to safegLiai-d adiilts iii tlie delivei-y of its sei'vices. Womeii's Resoiii'L'e aii(l Developmei)t Agency Coliipaiiy Liiiiite(I Report of tlie Ti'u5teLJs loi. tlie Yeai. En(le(131 Mai'cli 2023 FINANCIAL IIEVIEI W Information Security anil Continuity: At all liiiies Womeii's Resoiii-ce aiid Developiiient Agency Coii)paiiy I,iinited sti-ives to eiisiii'e tli¢1t it opei'ates a secui-e envii'oiiii)eiil iii I'elatioii to data seciii-ity. It is depeiident oil IT aiid coiniiiLlI)icatioii systeins foi. pi-ocessiiig aiid stoi'iiig data. I"0 pi-eveiit d isi'iiptioii to opci-atioiis diie to daiiiage to sysleii)s 01- LiiiaLltlioi-ised access to data Womei)'s Resoiii'cc aiid Developiiieiit Ageiicy Coiiipaiiy Liinited lias develope(I t'obiist ii)foi'inatioi) seciirity ai)d data i-ecoveiy iiieasiii'e8. C'onipliance aiid Regulation: Sigiiificant daiiiage to Woiiieii's Rcsoiii'ce ai)d Developnieiil Agei)cy Coiiipaiiy Liillited repLltation coiild be caiised diie to 11011-coini)liaiice witl) laws i'egLilatioiis 01- cod¢s of best practice. Woiiien's Resoiii'ce aiid Developineiit Ageiicy Coiiipaiiy Liiiiited iiiii)leiiieiits wel l-establ islied policies aiid pi'oc¢diii-e& aiid adliei'es to tlie sector's recommelided codes of pi'actice (siich as Stateiiieiit of Recoinineiided l)i'actice - SOR.P) to eiisiii'e coinpliaiice with appl icable i'egiilatoiy aiid legal standards. Ei Tlvironniental and Ei xternal Risks: Woiiieii's Resoiirce aiid Developiiienl Agency Coiiipaiiy LIITJ ited Inoiiitoi's the extei-i)al cnvii-onmeiit iii ol'der to anticipate political, social 01- ecoiioimic I'isks, so tliat plai)s can be put iii place to Iiiiiiiiiiise aiiy iieoative iinpact oil organisatioiial activities or tlie i'epiitatioii of the oi'ganisation. It l)as I'obiist pi-ocediii-es to assess aJ)d iinpleineiit effective Ineasui-es to i-educe tlie likeliliood and tlie poteiitial iin pact of i-isks occiii'ring. Woineii's Resource aiid Development Ageiicy Coinpaiiy Limited lias confideiice in tlie iieed for its suppoit sei-vices, tlie effectiveness iii Iheii. appi-oacli aiid tlie backiiig of tl)eii' pai'tnei's and it will endeavoLlI' to inake evel-y effoit to continiie to pi'ovide siistaiTiable, i'espoiisive, Iiigli qiiality aiid effective services tliat ineet tli¢ needs of tlieii. bciieficiai'ies. Tlie Organisalion wil I coiitillLie to iiegotiate witli gsovei'iimeiit depaitiiients to exteiid their coinmitiiieiit to eiisLlI'e tl)at its core woi'k cali etfectively coiitiiiiie ai)d secLlI'e the siistaiiiabi lity of all ils pi'ojects. STRUCTURE, GOVERNANCE IlND MANAGEMENT Goveriiing document The cliai'ity is coiiti-olled by its govei'iiiiig docLiinent, a deed of trLlSt, aiid coiistitLltcs a liinited coinpaiiy, liiiiited by giiai'antee, as defii)ed by the Coiiipaiiies Act 2006. chai.ity constitution Woinei)'s Resoiii-ce ai)d Developineiit Agency C.oJiipaiiy Liin ited is a i'egistei-ed cliai'ity with HMRC, niiiiibei- XR 94553. It is also i'egisteied witli The Cliai'ity Coiiiinission foi- Noi-tlieii] li'eland, i'egistralion Iiiiiiibei. NIC100149. Governaiice of tlie Chai'ity Tlie Maiiageineiit Coiniiiitt¢¢ of WRDA meets oli a 6-we¢kly basis. It is I'espoiisible foi. tlie sti-ategic dii-ectioii of tlie Oi'gaiiisatioii and ovei'secs tlie Iiianageinent of tlie Oi'gaiiisatioi). Tlie day-to-day iiianagemeiit and opei-atioii of tlie activities al'e cai'i-ied oiit by a staff teaiii, led by tlie Dii'ectoi- aiid tlie Seiiioi. Maiiageiiient Teain, wlio also i-epoi-t i-egiilai-ly to tlie Boai'd. Dii-ectoi's al-e appoiiited accordiiig to tlic specific skills I'eqiiired by tlie oi'ganisation to fiilfil its i-espoiisibilities as outliiied iii ils Sti-ategic Plaii aiid al'e ratified 011 a yeai'ly basis at tl)c AGM. Related i)2¢ rties Tlie followiiig is a i-elated paity to the Woiiieii's Resoiii'ce aiid Develoi)meiit Ageiicy Coiiipaiiy Liinited.. Coiiiiniiiiity Dii-cct Ltd Wonieij's Resoui'ce and Developnient Ageiicy Company Limitecl Rei)oJ"t of the Ti'ilstees foi" tlle Yeal. Ei ncleil 31 Mai'cli 2023 STATEMEI NT or( TRUS'fEI [{ S, RESPONSIBILITIEI S Tlie tl'LlStees (who are also tlie d ii-ectoi's of Woiiien's Resoiii'ce aiid Developiiieiit Ageiicy Coinpaiiy Liin iled foi- tlie pui-i)oses of coiiipaiiy law) ai-c i-espoiisible foi- pi'e[)ai'iiig the Repoil of tlie Ti-LlStees aiid tli¢ fiiiancial stateiiieiits in 8ccoI'daiice witli applicable law aiid Uii ited Iciiigdoiii AccoLintiiig Staiidai'ds (United l£iiigdoii1 Geiiei'al ly Accepted AccoLllltiiig Pi'actice) iiiclLicling Fiiiaiicial Repoi-tinir Staiidai'd 102 'Tlie Fiiiaiicial Repoitiiig Staiidai'd applicable iii tlie UIC aiid Replibl ic of Ii'elaiid Coinpaiiy lalv i-eqLI li'es tlie ti-iistees to pi'epai-e fiiiaiiLial stateiiieiits foi- eacli financial yeai- wliicli glive a ti'iie aiid fail- v ieNv of tlie slate of affaii-s of tlie clic11-itable coinpaiiy aii(l of ilie iiicoiniiig i-esoLlI-ces aiid applicatioii of i'esoLlI-ces, iiicllidiiig tlie iiicoiiie c111d expeiiditiii'e, of tlie clidl'itable coinpaiiy foi. tl)at pei'iod. Iii pi'epai-iiig tl)ose fiiiaiicial stateineiits, tlie tl'LlStees al-e i-eqiiii'ed to select siiitable aLcouiitiiig policies aiid tlieii apply theiii coiisisteiitly; obseive tlie Inetliods aiid pi-iiiciples iii tlie Cliai-ity SORP. make jiidg7eineiits aiid estiinates that al-e I'ea.soiiable aiid pi'iideiit. pi'epai'e tlie fiiiaiicial stateineiits oil tlie goiii(y coiicei'ii basis Liiiless it is iiiapiii-opi-iate to pi'esliine Iliat tlie cliai'itable compaiiy wil I coiitl IlLie iii bLisiiiess. Tlie tt'LlStees al'e i-esponsible for Iieepii)g pi-opei. accoiiiiliiig I'ecoi-ds wliicli disclose with i-easoiiable acciiracy at any tiine tli¢ fiiiaiicial position of tlie cliai'itable coinpai)y aiid to eiiable tlieiii to eiisLlI'e tliat Ihe fiiic111cial stateineiits coiiiply witli tlie Coiiipaiiies Acl 2006. Tliey al'e also I'espoiisible foi. safegiiai-diiig Ilie assets of tlie cliai-itable coiiipaiiy and heiice foi. taking I'easoiiÉlbl¢ st¢ps foi. the pi'eveiitioii aiid detectioii ol" fi-aiid aiid otliei. iri'egLilai-ities. Iii so fai. as tl)e ti-listees al'e awai-e.. tliei'e is iio I'elevaiit aLid it iiifoi-iiiatioii of wliicli tl)e c111( l-ltable coillpaiiy's aiiditoi's al'e Liiiawai'e; and tlie ti'iistees Iiave takeii all steps 1111( t tliey OLight to liave takeii to iiiake tlieinselves aivai'e of any I'elevaiit aLidit iiifoi'iiiatioi) aiicl to establ isli tliat tlie aiiditors al'e awai'e of tliat iiitoi'iiiation. AUDITORS Tlie aLiditoi's. Lyiiii Di'ake & Co Ltd. will be pi-oposed foi- I'e-appoiiitineiit at tlie foi'tlicoiniiig AIiiiLial Geiiei'al Meetii)g. Tliis i'epoi't lias be¢ii i)i-epai'ed iii accoi'daiice witli tli¢ special pi'ovisioiis of Pait 15 01" tlie Coiiipaiiies Act 2006 I'elatiiig to siiial I coiiipaiiies. Approve(I by 01-dei' of tlie boai'd of ti'iistees 011 14 Septeinbei. 2023 and sigiied oli its belialf by.. Eileeii Weil. Seci-etai-y Rei)oi't of the Iii(lepeiicleiit Aii(Jitor.s to thL, Ti'ustees aii(l Meiiibei's of Woineii'y Resoiii'ce aiicl DL*veloi)Inei)t Agency CoJni)aiiy Liniite(I Opinion We have aiidited tl)e fiiiaiicial stateiiieiits of Woineii's ResoLlI'ce ai)d Developiiieiit Agei)cy Conipaiiy Liiii iled (tlie 'cli(ii'ilable coiiipaiiy,) foi. tlie yeai- elided 31 Mat'ch 2023 wliicli coiiiprise tlie Stateineiit of l.'inaiicial Activities, tlie Stateiiieiit of Fiiiaiicial Positioii, tlie S'taleineiit of Casli Flows aiid i)otes to tl)e fiiiai)cial stateinents, iiicliiding a siiiiiiiiai-y of significaiil accolinting policies. Tlie finaiicial i'epoitiiig fi-(Iiiiewoi'k tl)at lias beeii apiilied in tlieii. pi'epai lil ioii is appl icable law ai)d Uiiited ICinTrdoin Accoiii)tiiig Standai'ds (Uiiited Kiiigdoiii Geiiei-al ly Accepted Accoiintiiig Pt'actice), iiicludiiig Fii)aiicial Ilepoi'tiiig Stai)dard 102 'TI)e Fiiiaiicial R¢poitiiig Staiidai-d appl iC