2025-03-31-accounts

Company Number N1030477 Charity Registratlon No. N1102189 TRAINING FOR WOMEN NETWORK LIMITED A COMPANY LIMITED BY GUARANTEE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2026 11111111111 AE121X16 2411212025 COMPANIES HOUSE A56

TRAINING FOR WOMEN NETWORK LIMITED FINANCIAL STATEMENTS YE R ENDED 31 MARCH 2025 CONTENTS PAGE TRUSTEES, REPORT REPORT OF THE AUDITORS STATEMENT OF FINANCIAL ACTIVITIES 15 STATEMENT OF FINANCIAL POSITION 16 STATEMENT OF CASH FLOWS 17 NOTES TO THE FINANCIAL STATEMENTS 18

Reference and Administration Details: Name: Training for Women Network Ltd (TK+VN) HMRC Charity no: XO 2044-95 Nl Company No -N1030477 Nl Charities Commission No- NIC102189 Reg No: Address: Ground Floor, Suite 2 Elizabeth House 116-118 Holywood Road Belfast BT41NY Trustees Patricia Lewsley Mooney (Chairperson) Kelly Andrews (Vice Chair) Maureen Maguire resigned 2710512025 Katherine Mccloskey {Treasurer) Eileen Bell (Company Secretary) Julie Flanagan Caroline Johnston (Appointed 0611212023) Rhonda Lusty April Dalzell (Appointed 0511212024) Shannon Mc Lorie (Appointed 2911112024) Aoife O Donaghue ( Appointed 2010912025) Chief Executlve.. Norma Shearer Solicitors: Cleaver Fulton Rankin. Bank: First Trust Bank Ltd 33-35 University Road Belfast Page I

Auditors: BMK Accounting Ltd 43 Lockview Road Belfast BT9 5FJ 2. Structure, Governance and Management TWN is governed by a Memorandum and Articles of Association and is a company limited by guarantee with charitable status. TWN is also a registered charity registered with the Northern Ireland Charities Commission Number NIC 102189. TWN is a membership organisation and as such its trustees are recruited from its membership base. TWN members are invited to stand for election to the Board of Directors at the AGM. At the first meeting following the AGM, there is an induction and training programme to ensure that all members are aware of the roles and responsibilities of their posts as members of the Board of Directors. Board members serve for three years, after which they must stand down and apply for re-election. The Board's roles and responsibilities are contained in the Board Induction Manual and detail the strategic level of their decision-making powers. Operational matters are delegated to the Chief Executive who reports to the Board at meetings held six times per year. 3 Objectives and Actlvities TWN was called forward for registration by the Charities Commission Northern Ireland and received its charity number and registration in May 2015. The Purpose of the Charlty is: 1. To advance. promote, develop and coordinate the provision of adequate. accessible, quality training and pre-vocational training for women in Northern Ireland and beyond to maximise the integration of women in the labour market. 2. To provide a foruml focus for Northern Ireland, representatives of the private, public and voluntary sectors, the trade unions, education and training practitioners and individuals involved in women's training. 3. To promote any or all activities for the benefit of the community which now or hereinafter may be deemed in law to be charitable and in particular the advancement of all forms of training of women. The public benefits that flow from the charltsble purposes are: a) Women are securing: Enhanced educational attainment, transferable skills, capabilities and capacities of women and improved polential to secure employment. The empowerment of women to play a full part in their communities and society in general. The beneficiaries are women throughout. These benefits can be evidenced through internal records kept of the progress and qualifications achieved by the participants, evaluations of the work and impact of the organisalion, feedback from beneficiaries and independent evaluations for funding bodies. Page 2

b) Advocacy, promotion and sharing of best practices in training for women. Research into issues impacting women and Development of appropriate flexible innovative Iraining packages to meet the identified need. The beneficiaries are women as individuals and through appropriate community and voluntary sector organisations. These benefits are evidenced through publications such as research reports, and monitoring returns. e} Increased efficiency and effectiveness of the community and voluntary organisations that receive support, resulting in enhanced outcomes and Servi￿ delivery and, consequently, an improved quality of life for those who benefit from the work of these organisations. The beneficiaries are community and voluntary sector organisations. These benefits can be evidenced through internal monitoring records and feedback and evaluations. No harm arises from these purposes. Incidental benefits may arise from transferable skills training offered to Board members to fuffil their duties. This is what TWN does: _ The preparation, provision and dissemination of information about the training of women and other disadvantaged groups The provision of advice and assistance with regard to the training of women and other disadvantaged groups. The organisation and maintenance of a network whereby all bodies, organisations or individuals, either involved in or interested in providing or receiving training for women can liaise and co-operate with each other with regard to the training for women and exchange information and ideas on the training of women and other disadvantage groups. The holding of activities and events relating to the training of women and other disadvantaged groups The promotion and Development of projects principally in areas where there is an identified need for greater training for women to facilitate the training of women and other disadvantaged groups. The promotion andlor support of regional initiatives designed to satisfy local needs with regard to the training of women and other disadvaniaged groups throughout Northern Ireland and Beyond. The establishment of links with European and other world networks The monitoring of European Union funding for womert's trainirrg and that of other disadvantaged groups. The access tol raising of funding to accomplish the above, The support of anybody, organisation or individual having objects altogether or in part similar to those referred to above. 4 Achievements and Perfonnance Re ional Infrastructure Su disadvanta ed areas. ort Pro ramme RISP for women in rural and The RISP Consortium is comprised of the following organisations: Training for Women Network (TVVN) - Project Lead Pa8e 3

Women's Resource and Development Agency (WRDA) Women's Support Network (WSN) Northern Ireland Rural Women's Network (NIRIM) Women's TEC Women's Centre Derry IWCD) Foyle Women's Information Network (FWIN) The Consortium is the established link and strategic partner between Government and statutory agencies and women in disadvantaged and rural areas (D&RA), including all groups, centres and organisations delivering essential frontline services. advice and support. The Consortium ensures a continuous two-way flow of information bebNeen the Government and the sector. It ensures that organisationslcentres and groups are made aware of consultations, government planning and policy implementation. In lum, the Consortium as￿rtaInS the views, needs and aspirations of women in D&RA. It takes these views forward to influence policy developmenl and future government planning, ultimately resulting in the empowerment of local women in disadvantaged and rurally isolated communities. TWN oversees the work of the Consortium, which conducts research, carries out consultations, develops lines of engagement, bottom-up and top-down and operates as one point of contact between Government, statutory agencies, local partnerships and women in disadvantaged and rural areas. It continues to provide support, guidance, and signposting for strategic Development and delivery of services for women in disadvantaged and rural areas and promote the work and services of these specialist organisationslcentreslgroups. The Consortium supports funding bids to maximise specialist localised delivery for women in disadvantaged and rural areas. It actively works lo widen the regional support to those women, groups and organisations operating in isolation in some of the most disadvantaged and rurally isolated areas of Northern Ireland who previously did not have the opportunity to avail strategic support, guidance and engagement through regional organisations. DFA- S rate Partnershi Year 3 represented a major milestone for Training for Women Network Ltd, marking the successful consolidation and expansion of the project's impact. Over 60 women engaged in innovative online training, contributing to more than 240 participants over three years. The launch of the EmpowerHER T¢x>lkit and online peer forum strengthened inclusion, confidence, and cross-community connection, with resources now being shared across community and educational settings. Wornen reported increased self-belief, civic participation, and lasting relationships that transcend traditional divides. The project's legacy is clear-empowered women leading change, fostering reconciliation, and building a stronger foundation for peace and inclusion across Northern Ireland and the Border Counties. FA Ech es of Her Coura During the reporting year, Echoes of Her Courage achieved significant success in empowering women to share their lived experiences of conflict. resilien￿, and peacebuilding. Through storytelling workshops, training, and community roadshows, 20 women completed the six- module prograrnme, wrth a further 75 engaging in wider networking and dialogue. The introduction of filmed narratives and a digital story archive has ensured that these voices are preserved for future generations. Participants reported increased confidence, empathy, and readiness to take part in civic and community lrfe. The project continues to strengthen reconciliation across Northern Ireland and the border areas by amplifying women's voices, fostering understanding, and building lasting cross-community relationshiws rooted in healing and shared truth. Page 4

DFA Shared island- The Shared Island Civic Society Fund project successfully strengthened cross-border collaboration and women's civic participation across Northern Ireland and the Republic of Ireland. Through workshops. dialogue sessions, and shared storyielling, women from diverse backgrounds built mutual understanding, explored common challenges, and developed sustainable partnerships. The project created new cross-border networks focused on equality, leadership, and inclusion, with participants reporting greater confidence and a stronger sense of shared purpose. TWN'S co-design approach ensured meaningful engagement, empowering women who had not previously taken part in such initiatives. This work has laid a durable foundation for future cooperation. contributing directly to the Fund's goals of promoting connection. empathy. and an inclusive. peaceful island community. ncll - Ca aclt Bulldln Grant. The project achieved strong and measurable results, engaging 70 participants across seven capacity-building activities, with 40 accredited qualifications achieved at Levels 3-5 in education, training, leadership, mentoring and quality assurance. Ten small partner organisations received targeted governance, financial management and funding-readiness support, strengthening their sustainability in a changing funding landscape. Wellbeing and engagement activities supported over 70 women from priorty groups. with approximately 900/0 self-reporting improvements in confidence, resilience and sense of belonging, while around 75% reported increased participation in volunteering, consultations or active citizenship. Overall, the project delivered high completion rates, strengthened organisational capacity, and generated tangible benefits for women and communrty organisations, particularly within areas of greatest deprivation One Sto Sho The One Slop Shop project, delivered by Training for Women Network (TWN) Sn partnership with Women's Aid, housing, legal, and welfare agencies, has been a resounding success in addressing domestic and gender-based violence across multiple communities. Despite a short delivery timeframe, the initiative reached over 30 women and their families, offering immediate, trauma-infomed, and multi-agency support that enabled participants to make safer and more informed decisions about their futures. Through strong inter-agency collaboration, the project removed barriers to accessing vital services, reduced the need for repeated storytelling, and ensured a coordinated, compassionate response to complex n&ds. The inclusion of culturally sensitive support for refugee and asylum-seeking women, alongside access to translation and immigration expertise, ensured that no woman was left behind. The delivery of four Domestic Abuse Awareness Sessions and the engagement of 15 male comrnunity ambassadors further strengthened awareness, prevention, and allyship within local communities. The creation of child-friendly spaces across venues improved accessibility for mothers, enhancing famiSy wellbeing and participation. Importantly, the One Stop Shop was coordinated from the outset to be self-sustaining, with partnerships and community ownership ensuring thal the seNice has continued beyond March 2025. Overall, the projecl has delivered tangible improvements in safety. confidence. and empowerment for women, while contributing meaningfully to the objectives of the Domestic and Sexual Abuse Strategy 2024-, 2031 throu8h collaboration, prevention, inclusivity, and long-term community capacity buildin8. PEACE Plus Women's Reconciliation Pr Training for Women Network (TINN) and project partners were successful in securing funding through Ihe PEACEPLUS Programme, Investment Area 1.3.. Building Positive Relations, Page 5

receiving a grant of up to É1,615.720 (inclusive of ERDF and Match funding). The Women's ReconciliNation Project (WRP) is supported by PEACEPLUS, a programme managed by the Special EU Programmes Body (SEUPB). This innovative initiative brings together community, training, and academic partners . the Foyle Women's Information NebNork (FWIN), Ulster University (UU), and the Youth Womans Louth (YWL) to deliver a holistic educational and reconciliation programme for women across Northern Ireland and the Border Counties. The WRP aims to build meaningful cross-border and cross-community relationships within a shared learning environment that empowers participants to become active, engaged citizens capable of fostering positive social change. Through collaboration and education, the project seeks to contribute to long-term peace. reconciliation, and gender equality across the island of Ireland. Over the four-year programme, WRP will recruit and support 1,600 women, creating a transformative network of women leaders committed to building a more inclusive and peaceful society. Revlew of the Im of Brex The Peace plus programme has been agreed upon and its multi annual project open calls are in progress. A funding diversification strategy has been implemented to source additional non- EU funding streams to support the work of the charity in the future. 6: Financlal Review: The results for the year are set out on pages 15 to 25. The charitable company returned net deficit for the year of £16k (2024 deficit 117k). At March 2025 the total funds of the charity amounted to £29k of which £12k are unrestricted. TWN'S unrestricted reseNes are used for items in keeping with the organisation's charitable aims and objectives. serves TWN maintains a prudent level of reserves to enable the organisation to manage financial risks and deliver on its commitments. The objective is to be able to carry out rts work, to have the time to adjust its strategy to meet changing circumstances. The reserves policy is set to ensure that there is no disruption to services at short notice, due to lack of funds, of unforeseen reduction in income or increase in expenditure, ensuring that resenies are no higher than, nor held for longer than ne￿Ssary. This gives time in the event of a drop in funding to seek alternatives funds, restructure and cut costs for a minimum of three and a maximum of six months. The charity will monitor compliance with this policy on a regular basis and the board will review its appropriateness annually. Princi le Risks and Uncertainties Rlsk policy and Internal Control Framework. TWN has established a comprehensive risk management process which seeks to ensure that the organisation manages and mitigates risks in line with the agreed risk appetrte. The Management Committee have delegated the review of the Risk Register to the Governance. Audit and Finance Sub- Group who regularly review the key strategic and operational risks facing the organisation. The trustees confirm that effective controls and reporting systems are in place to assess the risks and mitigations. Page 6

The principle risks and uncertainties facing TWN are.. Financial. The principle financial challenges are income generation. Tv￿ is reliant on securing funding form Government and other grant making organisations. The trustees are acutely aware of the significant challenges that lie ahead. The fundraising environment remains challenging and short term funding continues to make planning difficult. The immediate challenge is to secure funding that will sustain projects and posts into the future. The charity will also work to reduce and control costs to ensure our seNices are provided on the most economically advantageous terms. Management and Operatlonal Delivery. TWN has govemance structures. policies and procedures in place to ensure appropriate decision making and accountability. As the external environment increasingly changes the Senior Management Team and Management Committee have structured oversight of operations to be responsive and regularly review risks. TWN Staff team are crucial to its success and prioritise continuing staff development and regular performance management, building a strong team for delivering programmes. The personal security of TWN'S staff and beneficiaries are its highest priority and the organisation has comprehensive policies to appropriately manage this risk, from Data Protection, to Health and Safety, Safeguarding for Children and Adults at risk and Customer Care. System Security. TWN strive to ensure that is operates secure systems, compliant with 'data protection legislation. The organisation password protects and firewalls all its systems with access to data limited to those who have a need to know for the purpose of fulfilling their duties. Data is backed up on a dailylweeklylmonthly basis which ensures that in the event of systems failure or a data breach the systems can be locked and recovered with minimal risk of data loss. Compliance, Regulation and Legal. Significant reputational damage could be caused to TWN due to non-compliance with the laws, regulations or codes of practi￿, in which the charity operates. TWN implements established policies and procedures that adheres to best practice ensuring compliance with current standards of best practice and performs an annual review to ensure they continue to meet the legislative framework and are fit for purpose. External Rlsks. TWN monitors the external environment in order to anticipate political, social or economic threats, and has robust procedures to develop plans to mitigate potential negative impacts on the charity's aclivities or reputation. TWN are confident in Ihe continued need for ils services and Ihe effective approach taken to building successful partnerships to help deliver high quality training provision on a regional basis that meets the needs of our beneficiaries. TWN will continue to build on relationships with Government Departments to ensure funding is provided to continue to support training and development for women in rural and disadvantaged areas across Northern Ireland Page 7

6- Plans for future periods." TWN has secured the following future funding.. Department for Communities- Regional Infrastructurg. Siipport Programme for disadvantaged and rural women. DFA Strategic Partnership DFA- Unfinished Conversations Belfast City Council- Capacity Building Grant. PEACE PLUS WRP PEACE PLUS Brave PEACE PLUS GEMS- YEP Gems WRAP BCC- Beauty Academy 7: Future tralnlng and Development Diversity and transgender awareness training ILM suite of training from levels 3- to 7 in Leadership and Management on commercial basis. TQUK Level 3 Award in Education and Training. TQUK level 3 Meditation TQUK Level 3 Mentoring TQUK Level 5 TEFL 8-Future Events Quarterly Networking Evenings • AGM Newsletters and ezines. g- Funds held on behalf of others. TWN does not hold funds on behalf of others. Page 8

CHARTERED ACCOUNTANTS & REGISTERED AUDITORS Training for Women Network Limited Company Limited by Guarantee Independent Auditorfs Report to the Members ofTraining for Woman Network Limited Year ended 31 March 2026 Opinion We have audited the financial statements of Training for Women Netsvork Limited (the 'charitable company,) for the year ended 31 March 2025 which comprise the statement of financial activities (including income and expenditure account), the statement of financial position, the statement of cash flows. and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements.. give a true and fair view of the state of the charitable company's affairs as al 31 March 2025 and of ils incoming resources and application of resources, including its income and expenditure, for the year then ended; have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice: have been prepared In accordance with the requlrements of the Companies Act 2006. Basls for opinlon We conducted our audlt In accordance with International Standards on Auditing (UK) (ISAS (UK)) and applicable law. Our responsibilities under those standards are further described in the auditorfs responsibilities for the audit of the financial statements section of our report. We are independent of the haritable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical Standard. and we have fulfilled our other ethical responsibilities in accordance wilh these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Concluslons relatlng to golng concern In auditing the financial statements. we have concluded that the trustees, use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charilable company's ability to continue as a going concem for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going concem are described in Ihe relevant sections of this report. BMK Accounmg Limited (Compony No. N1632272) 43 Lockview Rood Belfost BT9 5FJ Tel. 028 17&5 Emoil.. Info@1￿7kca.corn www.bmkca.com Chartered ' .￿￿TrIan[S Ireland -Page9 lor. Brf•th M¢X•• FCA

Training for Women Network Limited Company Llmited by Guarantee Independent Auditorfs Report to the Members of Training for Women Network Limlted Year ended 31 March 2025 Other Infomlation The other information comprises the information included in the trustees annual report, other than the financial slatements and our auditor's report thereon. The trustee is responsible for the other information. Our opinion on the financial statements does not co.ver the other information and, except to the extent othernise explicitly slated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of the financial ststements, our responsibility is to read the other infomiation and, in doing so, consider whether the other infomiation is materially inconsistent with the financial statement5 or our knowledge oblained in the audit or othernise appears lo be materially misslated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report Ihat fact. We have nothing to report in this regard. Oplnions on other matters prescribed by the Companle8 Act 2006 In our oplnion, based on the work undertaken In the course of the audit.. the information given In the trustees, report (incorporating the directors, report) for Ihe financial year for which the financial statements are prepared is con&'$tenl with the financial statements., and the dlrectors. report has been prepared in accordance wlth applicable legal requirements. Matters on whlch we are required to report by exceptlon In the light ofthe knowledge and understanding of the charitable company and its environment ob18ined in the course of the audit, we have not identified material misslatemenls in the directors, report. We have nothing to report in respect of the following matters in relation to whlch the Companles Act 2006 requires us to report to you if, in our opinion.. adequate accounting records have not been kept, or retums adequate for our audit have not been received from branches nol visited by us; or the financial statements are not in agreement with the accounting records and relurns., or certain disclosures of truslees, remuneration specified by law are not made., or we have not received all the information and explanations we require for our audit; or the trustees were not entitled to prepare the financial statements in accordan￿ with the small companies, regime and take advantage of the small companies. exemptions in preparing the directors, report and from the requirement to prepare a strategic report. -Page 10

Training for Women Network Limited Company Limited by Guarantee Independent Auditorfs Report to the Members of Training for Women Network Llmited Year ended 31 March 2025 Responslbllities of the trustee As explained more fully in the trustees, responsibilities statement, the trustees (who are also the directors for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that Ihey give a Irue and fair view. and for such internal control as the trustees determine necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparlng the financial statements, the trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing. as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so. Audltorfs responslbllltle8 for the audlt of the flnanclal statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from malerial misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Irregularilles. Including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, induding fraud. The extent to which our procedures are capable of detecting Irregularitie8, including fraud is detailed below.. Extent to whlch the audit was consldered capable of detoctlng Irregularitles, Includlng fraud We identify and assess the risk of material misstatement of the financlal statements, vthether due to fraud or error, and then design and perform audit prO￿dureS responsive to those risks. Including obtaining audit evidence that is sufficient and appropriate to provide a basis of opinion. In identifying and assessing potential risks of material misstatement in respect ol irrogularities. inciuding fraud and non-compliances with laws and regulations, we considered the following: The nature of the industry and sector, control environment and business performance. including the company's remuneration policies for directors, bonus levels and performance targets, if any: Results of our enquiries of management about their own identification and assessment of the risks of Irregularities., Any matters we identified having obtained and reviewed the company'$ documentation of their policies and procedures relating to-. Page 11

Training for Women Network Limited Company Llmlted by Guarantee Independent Auditor's Report to the Members of Trainlng for Women Network Limited Year ended 31 March 2025 Identifying, evaluating and complying with laws and regulations and whether they are aware of any instance of non-compliance., Detecting and responding to the risks of fraud and whether they have knowledge of any actual, suspected or alleged fraud., and Extent to whlch the audlt was consldered capablo of detectlng Irrtgularltles, Includlng fraud (continued) The internal control established to mitigate risks of fraud or non-compliance with laws and regulations: The matters discussed among the audit engagement team regarding how and where fraud might occur in the financlal statementg and polenlial indicators of fraud. As a result of these procedures, we considered the opportunities and Incentives that may exist within the company for fraud and identified the greatest potential for fraud in revenue recognition. In common with all audlts under ISAs(UK), we are also required to perform specific procedures lo respond to the risk of management override. We also obtained an understanding of the legal and regulatory fraffleworks that the company operates in, focusing on provisions of those laws and regulations that had a direct effect on the determination of material amounts and disclosures in the financial statements. The key laws and regulations we considered in this context included the Companies Act 2006. In addition, we considered provisions of other laws and regulations that do not have a direct effect on the financial statements but compliance with which may be fundamental to the company's abillty to operate or to avoid a material penalty. Audlt responses to rlsks identified Our procedures to respond to the risks identified included the following.. Reviewing the financial statement disclosures and testing to supporting documentation to assess compliance with provisions ol relevant laws and regulations described as having a d1￿cl effecl on the financial statements., Enquiring of management concerning actual and polential litigation and claims., Performing analytical procedures to identify any unusual or unexpected relationships that may indicate risks of material misstatements due to fraud. Reading minules of meetings of those charged with govemance., and In addressin9 the risk of fraud through management override of controls, testing the appropriateness of journal entries and other adjustments. assessing whether the judgements made in making accounting estimates are indic21ive of a potential bias,. and evaluating Ihe business rab'onale of any significant transactions that are unusual or outside the normal course of business. Page 12

Training for Women Network Limited Company Limited by Guarantee Independent Auditor's Report to the Members of Training for Women Network Limited Year ended 31 March 2025 We also communicated relevant identified laws and regulations and potential fraud risks to all engagement team members and remained alert to any indications of fraud or non-compliance with laws and regulations throughout the audit. Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected some material misstatements in the financial statements, even though we have propedy planned and performed our audit in accordance with auditing standards. In addition, as with any audit, there remains a higher risk of non-delection of irregularilies, as they may involve collusion, forgery, international omissions, misrepresentation8. or the override of internal controls. We are not responsible for preventing non-compliance and cannot be expected to detect non-compliance with all laws and regulations. As part of an audit in acLordance with ISAS (UK), we exercise professional judgment arKI maintain professonal S￿p￿.C1sM through￿1 the audrt. We also: Identify and assess the risks ol materlal mlsstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks. and obtain audit evidence that is sufficient and appropriate lo provide a basis for our opinion. The risk of not detecting a material misslatemenl resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional ornissions, misrepresenlalions, or the overnde of internal control. Obtain an understanding of intemal control relevant lo the audit in order to design audil procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the cheritable company's intemal control. Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the trustees. Conclude on the appropriateness of the trustees, use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainly exists related to events or conditions that may cast significant doubt on the charitable company's ability to conlinue as a going concern. If we conclude that 2 material uncertainty exists, we are required lo draw attention in our auditor's report to the related disclosures in the financial statements or, if such disclosures are inadequate, lo modify our opinion. Our conclusions are based on the audit evidence obtained up to the dale of our audilor's report. However, future events or conditions may cause the charitable company to cease to continue as a going concem. Evaluate the overall presentation, structure and content of the financial slatements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves falr presentation We communicate with th¢)se charged with governance regarding, among other matters, the planned scope and timing of the audit and signrficant audit findings, including any significant deficiencies in Internal control that we Identlfy during our audrt. -Page 13

Training for Women Network Limited Company Limited by Guarantee Independent Audltorfs Report to the Members of Trainlng for Women Network Limited Year ended 31 March 2025 Use of our report This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of th8 Companies Act 2006. Our audit work has been undertaken so Ihat we might state to the chantable company's members those matters we are required to state to them in an auditor's report and lor no other purpose. To the lullest extenl permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's trustees as a body, for our audit work, lor this report. or for the opinions we have formed. Brian McKee (Senlor Statutory Audltor) For and on behalf of BMK Accountlng Llmlted Chartered A¢countants & Statutory Audltor 43 Lockview Road Stranm11118 Belfast 8T9 5FJ 19 December 2025 - Page 14

TrAJNING F R WOMEN NETWORK LIMITED STATEMENT OF FINAN IAL CTIVITIES JNCL DIN INCOME AND EXPE DIT NO D31M RC 20 TRIC NDS 202 TRI FUNDS FUNDS FUND Ch8riiable actiwlio8 610,395 610.39S 589,025 Commefcial trading operath.ons Olher incorne 24,398 24.398 35,085 TOTAL INCOME 610 395 634 793 624,110 Choritablo activi11•5 48.330 603,011 651,341 741,254 CommerGial tradirvJ oper￿On8 TOTAL EXPENDITURE 48,330 603011 6S1341 NET INCOME FOR THE YEARI NET MOVEMENTIN FUNDS 123.932) 7,384 116,6401 {117,1441 Fund b•hnc•• It 1 Aprfl 2024 16 Fund b•lanc•8 at 31 M•rch 2025 16 The St8tem•ni of Finana•l Acli¥lll•s Indud8s •ll galn8 •nd1088•8 r•cognl8•d irt the ￿8¢. l incomlng re$owc4$ and resources expended derive from conlinuln9 ¥Ctlvilies. The statement of financial 8ctivits.es also complies with the rgqulfemènts 10¢ an In¢ome and expénditur• •tcouni under the Companies Act 2006. The note8 on pa9es 18 10 25 lomi port of thes• Ilnancial staiements, Page 15

TIIAINING FOR WOMEN NETWORK LlhilTED ST TE ENT F FINANCIAL P si 1 MARCH 2 Not•$ 24 FIXÉD ASSETS Tangible assets Inveslment8 1,893 2,077 10 1,894 2,078 CURRENT ASSETS D•blor6 Cash al bank 11 4S,618 89,975 58.757 16.669 148,732 CREDITORS- amounts falllng due within one year 12 105,013 NeT CURRENT ASSETS 43,719 TOTAL AS8E78 LES8 CURRENT LIABILITIES 20.249 45,797 CREDITORS- omounts lalling due after mofe Ih¥n ono year NET ASSETS 45,797 THE FUNDS OF THE CHAWTY R••trl¢t•O In¢om• fub)d• General 18,954 9,570 Unrn•trlci•d Incom• lund• General 16 12,296 36,227 TOTAL FUNDS Theie fln8nc181 $1olements haw been wopared In acc4>1danc• wlth thè prowslons •ppllcoblts lo compan188 gubleci to the small C¢Jmpanigs 1•9ime. Thg financlal slatemenls were approved and authodsed for lssuo by Ihe 80ord olTwsl•es on 19 December 2025 •nd signed on Iheir bghall by.'_ P• Ch#lrp• •w$l•y" ey¢ erin¢ MCC Dlr•ctor *ey Company Registration No. N1030477 The notes on pages 17 10 23 form part of these finanaal stalements. Pa9e 16

TRAININ FOR VIOMEN NE TATEMENT O HFL ws RTHEY D 31 MARCH 2025 MIT END 2025 Cash flows from oper¥ting •¢tivit Cash generaled operations 18 17.21BI 1141,3281 Inv••tlng i¢tlvltl•• Purthase of tsn9ible ffixed a$￿ts 1A91 1.750 N•t ¢•sh uMd In Invmilng •Ctlvli 11,4911 11.7501 N•1 c••h uHd In Iln•nclng •ctlvltb•• N•t Incr•••e In ¢a•h •nd ¢••h •qulv•l•nts (8.7061 1143.0781 C•sh and u8h equlvalents at beglnning of ye#r 50,767 201,835 C••h and ¢a8h oqulvalont• Ot bo9lnnln9 of y••r $0,051 58.757 The nolÈ8 on pages 17.10 23 lorni part of Ih8oe financial stateménts. Page 17

RCH2025 I. GEIIERAL INFOWTION Trr4ng Uff4t•d Isi rAlffWy Ilwiigd li • re¥swedthlfjty Inworththm irfin0. Th• adtr•S• o rny$toreddfic6 is EIizabh H￿Se. GTOLnd Athy. &iie 2. 11&118 HE1yoc￿ftoarJ. 8eii8. 8T4 1NY. Z STATEMENTOFCOMpuAf4CE Th•W flnonriai h8¥eb•1n￿pornd in CompaTh••￿ 2tt64n0.K￿Af￿￿￿ ana R4PtyI'ng th•)￿¢5.. sth10m￿tOI R•conknndets Pr4thc• aPFIKa￿a tod￿ntre￿ wepgnw UWracctyJm8 in Fir￿ Rewng SL•lllaTd aw1ca￿e In tho UX 8no Rewtlic d Irdand IFRS 1WLI 1 Januaty 20191.. The thidiy 114 ￿J￿h￿￿￿Ill Ertttty u4•fin•i ¥y FRS IDZ. A¢COIJNTrIIfj POLICIES 8A8l$•f •¢¢0￿•141 The fin4nd siaièmnlih•¥• bmn pMwr•d rAI Nii¢)tK cow fJiii•. uirrfin•J by fln•￿ u••• • I￿￿11￿85 Brn1 Invfjsthxni WOP8niB5 rn&4suredal lalr¥alue thwh oi ThefmwrJ $14iwintJ •f•wwf•o InMirg. l$iM c￿rIn￿OIt1lnUty. All Inconliig ffj8QL¥f8 arn an￿5￿Ment01FIn￿Ath￿•S thllrityis I89Jty entild loth•lrK&¥Th •ftarany p•rfOr#¥￿ ¢ondi￿nI rw. th• bOrn￿￿￿j1￿lI￿Iy. it lJptobtt4• that th•in￿¥All O• rt•1 111 Gn¥i (fftle55 Ith￿ ￿319 th 8 swfledfvwre In wNthC•81 they •re¢l•fwTe¢. hwlnwmll rnvJrdodin li rf¥•J. 11 li r¥Adwqd Ih•l. w4ihtb• •xc4pkn Of•￿¢1￿• tr•nk th•tg•t•nJ o1g•n•r•iiryfuDo1. ￿1 •t•p•rto1th• tol81 elv¢￿1￿￿¢11riC1lYlv1#JffjIQt￿ objèosol Ihedianty. Thpe•¥i ￿ ￿nDr8￿￿)I￿S èrf nMg•rnert8nd w8t ir• bisldai iIN 1g•hIMif￿• Ind¥dttMl•rt•¥. p•Mhw• •M •n•pptowMw y0po￿On01 y¢yr Tin9lbl• flA•d Il••l• Q•pr•¢l4ii•r Oapmd•iioNi¥ pthid8d •1 thofc4W1n9an￿ rAlfrs In PTdwto¥wR•off ••tthMw o¥•rllB llsumHteduMfrJ Iir•. Str•ghl Slrthl CtynpJwrEqJiw 33.3384 Imp4liiiiB that 8$5BIB tsuft•a•niftyin7Wtlos$. Il•ny Inthtsllone¥J515. aprthJnt Llthe Is•S￿m in lo ll•s•n￿n•t￿ •qni l(￿ Iny4inrts kM111 Any). T&x4iion Thr¢mwtyl$MOsiw•tyDy Re¥•￿$cUlturaui •th•rtiy ia¥allpn￿511 and15 •xerwt Iromc¢rpuT•llw l(omilS &¢bb4￿s. TheomÉniS eX•W¢i¢r¥8tts8 ￿¢￿11 ts ftfji w$iernd. TtcowpArty wk•n th4ni•a• not prepw• av¢llO•t•d fin•nc481 knS•¢¥w )99 ofth• co￿￿e6 th• tsals that thB ciryrywd115 5ub¥ldliry undth1okw¢mtiie •smllllWP. Fund i¢eourfln Unr•¥tyia•0fu￿l¢Int•UIId in•¢wthnwHh C1￿th￿l alth• dlW•tthalln• it￿• A￿rIed l￿d•(all thilY￿ u84d forp￿￿J1Wp￿rpo$es￿l￿n 1hw0ty11o￿(￿¢￿fy. artwtt•n 5peclfied by thE norwW￿￿Ar• ￿￿T￿p4￿c￿l9rr￿lMG1•d PUWJ.

AN 2. ACCOUNTING POL￿lEs{gI￿V ebtorn and ¢vedtlort rt¢eI¥ablelp•yable￿lrt one year o¢bty$Ar￿ ¢Jpditorswlh￿ sIAi8d ini6resi r6&￿#￿et¥atI0 orpayabt•Trh4iNn phco. Artylo88es •rf¥rq Ircm iffylrrroFM ￿ rqc¢9th1•# ln •>p•ndiiur•. C4Jh •nd cash egUl¥al￿tI Cath•nd ca5h¢g￿v￿QM5in$UdE¢lll￿drIhIryd. dtrogis h￿¢j￿ ¢Dil%itt)bwk4 oth•f8nth1 lemiliqu￿th￿Ityrnm￿th Fln•nclal In&t￿MentS rh¢ chttity h•seleGled to•pth fft•P(ovllltyl• ol S•4ty7 11.8•FIn￿l•l1nB{nl￿dS.4n0s￿lOTr 12 ¢1 FAS 102 t94u oll1¥ InitsLronth. F￿an￿lI InrniTr•ris•r• In th• 14•1 1htrCTh￿lY Bwc flnarKS•i •J••ti Using effecb¥elnier051 rneihod uth3Slhearr8nuerwth ¢4nytitut0¥8finDncino tran50aM fftere tr&iS0cd￿ lJffBYJTqd al th• e9gcfirw￿al liabilit Ihe debtlwtrumrui• nwuurld 41 th•w•i•ni ￿lu••I ir•lLrtur• P•yYr•Mth•tywni•o ￿ • lrt•r•w. Fknwcb4111oWI•s d4ssbff•d 58 pty1￿0 W￿n¢no yewaro Fln4fi¢1il In•lvum•m• l¢ontlryu•dl Debt InSlrtwontJ 8r• sutrs•qu•nttyrath•d al￿￿￿J w¥t. US￿ lh• •ffeL¥• Inttrnstrnlè Tr•J•crediiors ire 1gF Itr woo&or sthM¢os IhBiha% b•w 4cqyir•O in Ope￿￿¢￿5 I￿sUp￿lern. Amwnt5 payabl• w•cla55ffj•J48oJr •1 anowbMqu•MJy ￿lIU￿d 9)w •ffqcUv• Ini•r••l w•thod. O•r•¢ognttloTh•lfln4nE￿I Il•blllU•• CUTWI o&8•11 sut4•4uwUyffwwFo4ai th• Explld•d lo b• p•a orr¢￿%￿d •nd DENlnsifU￿ts 4rewMqLwUy n¥JBxnd•t omibmd cost For•￿ •qully w0nm￿ne•, otfwiiMnd•l •u•w ￿1 •r•kndlvk1wly IhM• w• •11•4M¢J ¢h¥ert$liGs Ary rnv•rn•lirfiftwlrffWrf ar• rwr#wdlnvrndlil¥y, to Ih••thni f•#￿ In•ratyrt9￿L￿￿W•lrt•n￿ 04t•ltsW Ax•ed•whW th• [M￿rrr￿ wnlsed P•rt•lDnA Tf•lThn9 f¢yWtornn N•tw)rk LI￿￿00P¥I￿ • o•fir•ywi1rtb￿knrrf Th• •bMIJ OflhExhthTrbir• hddW•i•tdy ose ¢1 inuepvr￿th7uY &rIn￿lI•￿1￿￿. Payffthts•dfg•d a$ th•KJ•Me$ itsyfvll due. 9 tylh•(vmp4ny WMLN•d10£19.514 1¢fiM>weno￿ 31 M4th2024 Ilffd4.' 23,W)S1. In¥eibll•rf• w￿￿n tyth4nwin ￿rCU￿￿tIn￿1 br￿1¢1 Ih•l v•lu•nw b•rKov4r•t4• T￿ tymciors hB¥g Ihl eéCthdrth￿uè 1¢r1￿ 12 njffjhi Tmllhgd#•Ol¥gnwrtflnw¥i41 1111 Int￿Pit11 lunliri h••t••n •wi4d lor¥¥lN ¢•fOnttc￿ng. ¥hLh4thMoMI aFvlkaiioni MIn•￿￿)￿￿. Th dlr•th• bwiow non¥￿81 Un￿￿1￿nty o1J¥is oThY •rconfid8ni rtrierije aMfvi￿ lUth￿n0 ?Ksii10 I& • Judpm•ntB Ind •Y•￿￿￿•01 e•umuon¥•¢•rt•knty m8r•iioNol In• 61•t•ffni¥ requlr•& n￿9•￿￿ 10 mBk•h¥JarAnis. •id aiiuffWons uwt •ff•ci I amuntsrep)Ilud. The￿9$￿￿￿10$9rnd judgThrl¥ ar•contlMaly r9vit￿d are bD5ed on e￿￿n¢t￿d Oltrrf8Gtws. lrtludi pi•p•f•d 447 ilqtyng bwi. Le41¢¥ RW$ pay4tle•no r4c4I¥•ty•urKIwop￿4IThj t4￿•￿• tharyBd tothESoFAw • lirnbas1sv•wlh? olthEIBise, FO￿19￿ Gufftncy Fvtygn Lw•w Irans&ons amifubally rewjrdsed byopF4ylng vJrrerKy 5W•thwrai¢tsetW￿thw lunEtrcnd currw 8nO ￿ Ifrtl9n ￿￿encY Ihe tran￿1￿￿. OW¥)TrnwediAa Iryeiw￿Therty bW4ru she¥ d￿te￿￿n51#lld￿￿9 titss1r0ra￿. P•9v 19

crtti¢•l •ct•uThWthg ••iim•i•d Indludg•rn•frt• Iho oltroChariV54thntsn9Pdlt48$. manJwrtM toff•kepO¥DWS, 8SJrnPtlrts¥t•yJIIJIè •mum d4ssgts andliaknliti•S thèi arnoi <•lily 8ppar•ntfrornoth8r >yJrt•s. asswaled •6$urnty.tyl8￿ hi#ty(c•l a¥ohert orfotherlACtor51hat Bre cansiowedlo bj rele￿i Aaua r•&dlS rnay differ1￿￿t￿SSI 0Slmtt ilxry •Sbrnie IsfthleeO%ther•lh• orly FrtDd, tinthe wrtr•J olthv affqcta Lwth ovrenl 8ndlutfftp￿ods lil T0del8nrA￿l￿1ln p6rtuffnic4¥d8￿ irm htr8 tm UPCthTiro 12 lil T8Nj￿Ie flxthy 8ssthwe¢•p￿d8taoWthehl irvJ Intoltttsjrrt￿d￿1¥¥Iue%.W￿re wrtot•. P•ge 2U

TA MEN IIICOMIIIG Re8QURCESFIIOIIcHRITAgLEArnivr￿I Grants ￿ spmsor&Np O•pi ftyEcorww OFA StrBtlC￿Th￿1 OFA R•cFIThi *.618

J.186 S5,489 27,182 J7,a 2ffj170 00 87.205 O&￿ crfJu51ir• 39,112 6,217 317.717 4&815 eccc•p•¢lty Gr•nl Afiilyxd by lund Unr•ithuqd lundl RO￿1￿1￿1ury 5ts.02S J89.0 •. OTMEAINCOIIÈ Dw•bW Ir¢)msubB4¢1 14,424 4.8?4 ANtyMd bylund unr•$￿￿0￿ lundl 35.095 3•9 )5.085 Isrrddè￿￿1lthThVj'. 6,•00 21,811 3.470 1.030 20,281 PJg1￿t•ry 9,974 P4g• 21

FOR TE TOT END ci CH I. CHARIT￿LEACTivrnE$ 02S 318.714 20.494 2￿.842 23. 2M,81Y 11602 Pensions S￿ wsis 71J 2.527 3,420 LW 8ndheal Llbr•ry rrqtarfali B￿¢￿1p￿0 Board •¥erA TephLYind l&x Insurance (kn•MI Miint•ii•r otfj¢e pgsiJe Adv£ni&ry 0nds￿￿oj1￿r sl11lp•￿ryg andrrnv 2.121 274 1.164 ),•Jo 1.217 1.20D 4.170 3.175 2,71• i.ioJ 3.017 2.370 IGo¥Ym•rK• wiii iniw••t c￿rgS 73 O¢pr•¥• A￿1¢ l••s 1.174 AMIYMI tyylund 44330 R•strtaadlw¢J8 642.4 741.2Y 7. TRVSTEÉS REMUNEIiATION AND gEIIEFrrs Th•r•w•nD IDJW•S' orcthWt4Mfliif•i lh• Jl M•th 2024. rwlty •Thl•o Ji IAvth 2024. Thv•w•no•wi•D W lo tsu••Jfortr y•4r•pJ•d 31 Mlrth 2020, nar(tyfft• y•w•rtO•d31 Mwth2024. •. JTAPPCOJTS WtyesBrt 24S.136 .421 767 270.4•2 ?3,350 cutl Clh•i F•r•hOn￿ TM w•rno• nurrw¢l￿￿y••A IOlk•.' No. £70.orA)io E79.99 PaB•22

1. TANGIBLE FJXEDASSET$ FF COST Al 1 Awl 2024 03,IM4 1.192 2IQ01 •B.0¢6 A131 M8f&I2025 DEPAECIATJOII Al 1 2024 , Chllrg•lu yur ,0ts7 1 JTO Al 31 Mirch z025 zi WET BOOK VALue Al 31 Mlrth>Y25 7U Al 31 M8f¢h2024 10 wvesTMENTS Th• YK4d• 1fM601 th• liw•d ihw•c•E4111 ol TWN Lln¢VJ, •¢¢Trpwty Inwri•a Ir•r ICunp•iy MbTthr. MO477541￿11 Prfrtsp try￿¢Y i$trthnlw8nd ro)m rir•. 8•sBO¥pJn th•K¢£￿t& Tr&thnpftyWt•n sh8r• ¢4 TV••J Eniwwlwi Llndiwji P￿trInd￿l £NII Ir￿ E1

2. oe8TOR8 otyi•i d•blcrn Jl.104 11 cItE￿T0￿5. AmNffl•14111n••uQ ￿Nn •M y•ar Opgrrfrpu￿t4rn •J4 27.7J3 12.239 85,797 25.039 T•￿￿8￿￿ l•¢JJrtly Olhw 1,913 104 P4y23

3. LEASING COblh•Y¥ENTS T￿ ethimwmror MN41 p•ymil• urth rvxrf4ncwi•or•opw•￿no1¥•W # 11 fvlwth2025w•r• bulldlnq• b￿ld1r&i onB ye¥ iofiveyea Ve y•4 107.881 36. L••M payn¥nlS •n•wm• y•¥aty £.99012024.' £36.WOI.

4. RELATED PARmes Th•wTrpanyhdd4 ItLIVJo1th•lsw￿d >hw•c¥Wol TVIN EniwJ4w LhTII•O{NlQ4nYI. •tthiw•Tr IrMoiYg11•0 In Noth•mirfi PrtnLlPal &￿%1￿1$ 1& RESERVES l•n¢• •wnd•d Trnlng Lld wr••￿(1•d 14.424 9.974 4.020 132.4521 1&0TJ 13,7291 28.T24 142.4281 QFC OFA. siwqqkGrw QFI R•c F¥￿1 OFA- Sh•rJi￿1Thd fund C•JOury• 35S.217 27.192 37.106 20.670 20.000 19.914 19.500 39.152 70.W 13$5.2171 {27.f821 137.&é1 113.2401 I20,￿0) &"9 LOIt•ry 0.57Q I19,￿) (39.15 {70,9411 9,370 8CCQpthdty &J11d￿l 61 TOTAL FUNOS c. Fundpt8rnMm•rs In cwwiforlunthng, P4q*24

HE 1& A14ALYgI$OF NET ASSETS BETWEEN FUNDS Toi1 Fun•• Futhd# FundB FUnthb￿1n&l1¢ 31 Mrth 3tr2Sir• rqprnMrn•d ty.. 1,•93 Fum b818nett8131 M8fth2024 •r• w¥soried by.. 2.077 2.on •.$70 36.227 45.797 IT. ¢ASMGe14EPATED PROM OPeRATkY18 SurphA Iuih•y•ir 1117,1441 4.310 D•rJ•wlllrKrniJ•iind•btf 44.4 J9,148 1•7,e821 ¢8•hyn•r•f¢¥ fr•m•p•rnlbTrB 11 AP4ALYSIgOF CHAPIGES IPI MET FUND8 h•a n?d•tt•th1ngm• yqai. I•. LIAWLITY OF MEMBERS Evw ctsry0ry￿d•nth5 Mjch trnquireainoi•4odSroJ È101 ioth•e4iKomy'8 •••￿￿1[11 thuLldbB ¥Kun¢ h• 15 • m•rti. lty p4yrn•N ¢1 lh• ¢ornp4tYi d•bl¥ •nd1lJtil￿0l oxtr•ciod W• h• u•w•10 D• • Irort•r, •TrJ ofthD cwis, ch•r9noN or￿n￿￿9 up. •Th# lor th• idlusiff•ni orth• rt9h ollher>2nirftrAx4M Pigo 25