WOMEN IN BUSINESS NI LTD
(A COMPANY LIMITED BY GUARANTEE)
FINANCIAL STATEMENTS
YEAR ENDED 31
CH 2023
FOR TH
TRUSTEES, REPORT
Th8 Trustees present their annual report together with the audited financial statemgnts of the Women in
Business Nl Ltd for the 1 Aprll 2022 to 31 March 2023. The Annual r8POrt serves th8 purposes of both a
Trustees, report and a directors, r8POrt under company law. The Trustees contlrm that the Annual report
and financlal statements of the charitable company comply with the current statutory requlrements, the
requirements of the charitable company's governing document and the provisions of the Ststement of
Recornmended Practice (SORP) applicable to charitles preparing their accounts in accordance with the
Financial Raporting Standard applicable in th8 UK and Republic of Ireland (FRS102) (effectNe 1 January
2015) as amended by Update Bulletins 1 and 2.
Slnc8 the company qualifies as small under section 382 of the Companies Act 2006, the Strateglc report
required of medium and large companies under the Companles Act 2008 (strategic Report and
Dlrectors, Report) Regulatlons 2013 has been omitted.
Th8S8 financlal stateménts consolldate the r8sults of the Charlty and the tradlng company Dlverslty
Mark Nl Ltd on a Ilne-by-line basis. The group was formed on 16th March 2021. A separate Statement
of Flnancial Actlvltl8s and Income and Expenditure Accounts for the Charlty alone has been presented
on page 13.
Ob
ectlves and actlvltles
a. Pollcles and objectlvgs
The CoMpan￿S pollci8s and obj8Ctlves ar8 the promotion of equality and dlversity In North8m Ireland
by supportlng and encouraging women, Insofar as is exclusively charitable, to reach thelr full potentlal
in business and thereby deliver a better economy and society In North8m Ireland.
b. Stratogles for achleving objoctlvos
All of the tharfty's actlvltles ar8 for the empow8rment of women and th8 advancement of dlverslty and
Incluslon, and wlll therefore impact positlvely on the economy of Northem Ireland.
. Actlvltlos undertakon to achleve objectlves
The WIB Netsvork delivered ov8r 75 events wlth 4316 women engaged durlng th8 year. Thls Included
an All Island Female Entrepreneurs Conference, a L8adershlp Conf8rence, a Women in Tech
Conference and two Awards and a Chalrs lunch.
12 programmes were delivored 3 tlmes during the year includlng Yes You Can Female Enterprlse
Support Programme and the Women Retum8rs Programme Press Refresh funded by the Dept of th6
Economy and dellvared In Partnarshlp wlth Belfasl Met.
d. Maln actlvltlg8 undertaken to furth•r the compan￿8 purpose$ for tho publlG boneflt
The V¥qB membership growth, events schedule and programmes delivered. in partlcular the Yes You Can
Programme, and Press R8fresh. Diversty Mark Nl's continued grovrth, with new slgnatories and
accessors and the launch of a new business unit Tlmely Careers for Women retumers in Jan 23 were the
main activilies in achieving the obj8Ctives and futhering the charity's purposes for th8 public benefft.

WOMEN IN BUSINESS NI LTD
(A COMPAPfl UMITED BY GUARANTEE)
FINANCIAL STATEMENTS
FOR THE YEAR
NDEO 31 MARCH 2023
TRUSTEES, REPORT {CONT'D)
Achlevements and erfomiance
a. Maln achievements of the company
WIBNI Ltd:
Grew membership by 975 to 7515
New website launched
Launched a Timely Careers - 540 vrfomen returners registered and delivered 4 events with
74 delegates.
Delivered a full schedule of evants, conferences, and programmes
DMNI Ltd
Grew sSgnatories to 35
Increased accessor panel to 12
Awarded first gold accreditatkon
Delivered 6 industry events
b. Revlew of activltlos
WIBNI are p18ased with the p8rformanc8 of tha charity during the year. Company objactlves were
dellvered and the charfty is in a 80und financial positSon at th8 year and.
¢. Factorn rolevant to achlevo objectlves
The Charity has 3 key 8Ctlvities focused on the delivery of objectives., membership events,
conferences and programm8s, Tlmely Careers women returners support and Diversity
accredltatlon.
d. Fundralslng actlvitlos and Incomo generatlon
The Charlty dld not fundrai88, Income generation is malnly through membership fees, events
proffts, sponsorships and Diversity Mark signatory fees.
e. Invastm•nt poll¢y and perfomiance
The Charfty currently hold no investments, any cash held is used for activitles and cash flow throughout
the year.
Flnanclal revl
. Golng concem
After making appropriate enqulries, the Trustees have a reasonable expectation that the company has
adequate resources to continue in operational existence for the foreseeable future. For this reason, they
continue to adopt the going concern basis in preparing the flnandal statements. Further detalls regard5ng
the adopuon of th8 going concem basls can b8 found In the accountlng pollci88.

WOMEN IN BUSINESS NI LTD
(A COMPANY UMITED BY GUARANTEE)
FINANCIAL STATEMENTS
ENDED 31
H 2023
FOR THE
TRUSTEES. REPORT (CONT'D)
b. Reserves pollcy
The total reserves of the charity as at 31 March 2023 were £249.968. It is the policy of the charity that
unrestricted reserves which have not been designated for a particular purpose should be maintslned
at a level to ensure that in the event of a significant drop in funding, it will b8 able to continue the
charity's current activities for a period of between three to six months, while consideration is given to
ways in which additional funds may be raised.
Matsrlal Investments poIIcy
The Charity do not hold any Investments.
d. Princlpal rl8ks and unc•rtalntlo8
Th8 Charty has dev8loped a draft risk reglster for rev1￿ and approval wtth th8 board.
•. Flnanclal risk managgm•nt obJ8ctlve• and pollcles
The Charity has developed a draft risk register as noted above.
f. Prlnclpal fundlng
The charlty is fund8d through M8mbership fees, events profits, sponsorship and signatory fees.
structure
ovemance and mana
erne
. Constitutlon
Women in Business Nl Ltd Is registered a8 a charitable company Ilmited by guarantee and vrds
set up by a Memorandum of Assoclation.
The company is constituted under a Memorandum of Assoclatlon dated 1210412005 and 18
registered charity (NIC103815) and a company {N1054763).
The nam8 of the charity is Women In Business Nl Ltd and the address of the prlnclpal office and
registered offlc8 Is located at Arthur House. 41 Arthur Street, Belfast, BT14GB.
The names of the trustses durfng the perfod wero as follows:
Anne Clydesdale
Paula Leathem
Keith Lippert
Mairead Mackle
John Mccully
Andrea Mcllroy-Rose
Jons Mlnne
Angela Moor8
Nichola Robinson, Chalr
Sir Davld Sterling

WOMEN IN BUSINESS NI LTD
{A COMPANY LIMrrED BY GUAPANTEE)
FINANCIAL STATEMENTS
FOR THE
EAR ENDED 3
MARCH 2023
TRUSTEES, REPORT {CONT'D)
The principal object of the company is to create a more equal and diverse community in Northem Ireland
and thereby deliver a better economy and society In Northem Ireland by supporting and encouraging
women insofar as Is exclusively charitable to reach their full potential in buslness.
b. Method8 of appointment or alection of Trustses
The management of the company is the rasponsibility of the Trusteas who are elactad and co-optad
under th8 ienns of the Memorandum of Association. Trustees are chosen to maximise the breadth
of experience and knowledge of the Board as a whole.
c. Organlsatlonal structure and decl8ion4naklng pollcles
WIBNI is l)oth a charity and a company limited by guarantee and is govemed by its memorandum and
artlcles of assoclation.
The recruitment of elected and co-opted trustees is conducted by the Board of Dlrectors.
Directors are re-e18Cted at the Annual General Meetlng.
The Board of Dlrector8 meets quarterly to over8ee the management of the charity. The Board of
Directors employs a Chief Executive who bs responsible for the day-to-day management of the charty.
The Directors have a Strateglc Plan In plac8 for 2018-2023. Pollcles and procedur8s are revlew8d on
an on-golng basls.
d. Pollcies adopted for tho induction and tralning of TrusteOS
The charlty r8cognises that a h8althy tumov8r of board mernbers ensures that fresh and independent
thlnking Is available and strengthens the corporate govemance of the organlsation. The charity has
new directorltrustee recruitment & induction process policy outlined In our govemance manual for
tlmelines for recruitment to our board. The policy is currently under review.
•. Pay pollGy for koy managomont personnel
A sub committee will review the pay and remuneration of staff mambers on an annual basis taking
into account avallable resourcing and levels of remuneration In other charitable organisatlons.
f. R•latsd paty rnlatlonshlps
The tharlty does not have a formal pollcy in place. However. all Trustees are required to declaro
any related party relationships they have at the board meeting.
g. Flnanclal rlsk management
The Trustee5 have assessed the major rlsks to which the company Is expos6d. In partlcular those
related to the operations and finances of the conipany. and are sat15fied that systems and procedures
are in place to mitigate exposure to the major risks.

WOMEN IN BUSINESS NI LTD
(A COMPANY UMITED BY GUARAKfEE)
FINANCIAL STATEMENTS
FOR THE YÉAR ENnFD 21 MNRC
2023
TRUSTEES. REPORT (CONT'D)
Plans for future perlods
Women In Business Nl Ltd plan trj continue with the current activities to achieve the stated aims and
objectsvas. Th8 further plans of th8 Charity will b8 reviewed at the Strat8gic Plan review which is
ongoing.
In April 2023. a r8solution was passed to merge Dlversity Mark (Nl) Ltd and Women in Business Nl
Ltd. Diversity Mark (Nl) Ltd will remaln a domiant company.
Funds held as custodlan
There are no funds held as custodian.
ststement of Tru8ta88' respon8lbllitleB
The Trustees (who are also the directors of the company for the purposes of company law) are
responsible for preparing the Trustees, report and the financial statements in accordance with
applicable law and United Klngdom Accounting Standards (Unit8d Kingdom G8n8rally Accept8d
AGGountlng PraGtlcè).
Company law requires the Trustees to prepare financial statements for each financial year. Under
company law the Trustees must not approve the financial statement5 unless they are satisfied that
they give a true and faSr view of the state of affairs of the company and of its incoming resources and
appllcation of resources, includlng its income and expenditure, for that period. In preparing these
financlal statements, the Trustees are requlred to:
select 8Uitabl8 accounting policies and then apply them consistently.,
obseNe th8 methods and prfndples of the Charities SORP (FRS 102):
make judgements and accounting estimates that are reasonable and prudent;
state whethar applicable UK Accountlng Standards (FRS 102) have been followed,
subject to any material departures disclosed and explained in the financial
8tatsments',
prepar8 the financlal statements on th8 going conc8m basis unless It Is
inappropriata to presume that the company will continue in business.
The Trustees are responslbl8 for keeplng adequate accountlng records that are SLrfficlent to show
and explaln the company's transactlons and disclose viith reasonable accuracy at any tlme the
financial position of the company and enable them lo ensure that the fjnancial statements comply
with the Companies Act 2006. They are also responsible for safeguarding the assets of the
cornpany and hence for taking reasonable steps for the prevention and detection af fraud and other
IrregularitSes.
Dlsclosurn of inforniatlon to audltors
Each of the persons who are Trustees at the time when this Trustees, report is approved has
confirmed that:
so far as that Trustee is aware, thera is no r6levant audit infomiation of which
the charity's auditors are unaware. and
that Trustee has taken all the steps that ought to have been taken as a Trustee in
order to be aware of any re￿vant audit inft)rmation and to estsbllsh that the
tharivs auditors are aware of that infomiation.

WOMEN IN BUSINESS NI LTD
{A COMPANY UMITED BY GUARANTEE)
FINANCIAL STATEMENTS
FnR TMF YFAR FNnED
IAARf.H ?n??
TRUSTEES, REPORT {CONT'D)
Auditors
The auditors. Harblnson Mulholland, have Indicated their willingness to continue in offlce. The
designated Truste8s wlll propose a motion reappointing th8 auditors at a meeting of the Trustees.
Approved by order of the members of the board of Trustees on and sign8d on
their behalf by:
CWL
John Stephen Mccully
Trustee
Date