Company registered number.. N1633767 Charity re8lStered number: NIC104660 GLOW-GIVING LIFE OPPORTUNITIES TO WOMEN (Prfvate company lirnlted byguaramtee witho￿ share capital) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2026 Tony Clarke 53 Andersonstown Road Belfast BTII 9AG GLOW-GIVING LIFE OPPORTUNITIES TO WOMEN CONTEKts PAGE Reference and administrative details of the tharity. its trustee5 and adviser5 Annual Report of the Trustees Independent Examiner Report &7 Ststement of Financial Activities Balance Sheet Note5 to the Financial Statements 10-16 GLOW-GIVING LIFE OPPORTUNITIES TO WOMEN IPFivate company limited by 8uaraniee wtihout share capital) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2026 Trustees. Annual Report (Incorporating the Director's Report) STRucfuRE, GOVERNANCE AND MANAGEMENT The charity is conlrolled by its governin8 document, a Mernorandum and Article5 of Association. and constitutes a limited company, limited by 8uarantee, a5 defined by the Companies Att 2006. The company was incorporated on 22 September 2015 and registered with the Charity Commission for Northern Ireland on 22 March 2016. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number N1633767 Registered Charity number NIC104660 Registered offi Unit Bl/l. 1st Floor Old Mill, Conway Mill 5- 7 Conway Street Belfast 8T13 2DE CHAIRPERSON Renée O'cleary TRUSTEES Renee O'cieary (Chair) Oonagh Desire (Vice Chair) Catherine Devine (Treasurer) Calla Cunningham (Secretary) Appointed 18.02.2025 Angela Smith Michelle Laverty Appointed 09.01.2025 Emer Hughes Appointed 18.02.2025 Regan McFarland Appointed 06.12.2025 Orla Eastwood Appointed 15.11.2025 Michelle Tennyson Resigned 04.06.2025 Collette Donnelly Resigned 31.12.2024 Resigned 31.12.2024 INDEPENDENT EXAMINER Tony aarke FCPA 53 Andersontown Road Belfast 8TII 9AG GLOW-GIVING LIFE OPPORTUNITIES TO WOMEN Ipnvate £ompèny Ilfflited b¥ guarantee without share c3Pltal TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2026 Trustees, Annual Report Ilncorporating the Directorfs Report) The Trustees present their annual report together with the financial statements of the company for the period 1st October 2024 to 31st March 2026. The trustee5 who are also directors of the purposes of the Companies Act 2006, present their report With the financial statements of the charity for the year ended 30 September 2024. The *h trustees have adopted the provisions of Accounting and Reporting by Chèrities.. Staternent of Recomrnended Practice applicable to charities preparing their accounts in accordance with the Flnancial Reportin8 Standard applicable in the UK and Republic of Ireland (FRS 1021 leffettive I January 2015). Structure, Governance and Trustees GLOW_ Giving Life Opportunities to Women which is registered as a charity with the Charity Commission for Northern Ireland INIC104660}. was incorporated as a company limited by guarantee in Northern Ireland, registration number N1633767. Objectives and Activitl Glow Nl is a registered charity based in Belfast which focuses on empowering women and girls through its trauma-informed programmes. Established in 2011, Glow Nl was developed frorn a common desire of women in the local community to address issues facing their peers such as low 5elf.esteem & confidence. mental health challenges. isolation and a general lack of purpose. As an inter.generational, cross community organisation, Glow Nl challenges the stat115 quo in order to break the cycle of these issues by equipping women and young gids with tools and techniques to build the5r confidence, self-e5teem. resilience and life skills. This will help them set positive, realistic steps in achieving their 8oal. enabling them to live happy fulfilled live5. Our programmes include - The Real Me for women 18+. and Glow and Grow for young women and 8irls aged 10 - 17 years old. ST Glow Nl believes that all women and girls should have the opportunity to create purpose in their lives and so our unique programmes create a positive atmosphere and allow women and girls to discover their true selves. This has a knock-on effett as participants can positively impatt on their family and community. especially in setting young female famlly membets up with confidence and life skills to have a successful future. Our mission 15 to support women and girls to feel heard. valued and ernpowered, while helping them thrive and reali5e their full potential. Report of the Trustees This annual report covers an 18-month period, from October 2024 to March 2026, following our decision to change the financial year end to March. GLOW-GIVING LIFE OPPORTUNfTIES TO WOMEN IPTivaie tompary limiteil by Éuaramteè Wrlhout share capitall TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2026 Trustees, Annual Report (Incorporatlng the Director's Report) (continued) Report of the Trustees continued... The past 18 months have been widely acknowledged as one of the most challenEing periods for rant funding across the voluntary and community sertor in Northern Ireland. While it hasn't been an easy period, we are pleased to report that Glow Nl has been fortunate to have sustained its funding base through grant irTrcome. fundraising and donations allowing us to protett and grow our programme delivery for the women and girls who attend Glow Nl. We have continued to adapt. expand and strengthen as an organisation, actively seekinE joint fundln8 Opportunities and partnerships that have allowed us to continue reachin8 the most vulnerable women and girls living within our communities. A particular highlight has been the expansion of our programmes into local schools, bringing our work directly to gir15 and young women at a formative stage in their lives. The feedback from schools, participants and partners has been overwhelmingly positive. and the impact created through this funding has reinforced the importance and relevance of what Glow Nl deliver5. The launch of our Strategic Plan 2026-2029 has been a Significant milestone for the organisation. It has sharpened our focus on key prioritie5. provided a clearer framework for decision-makin& and POSttioned Glow Nl as a more sustainable and resilient organisotion going forward. We have also invested in the strength ol our 8oard, welcoming new trustees over this period. This has further increased the skills and experience on the Board, strengthening its ability to support the orEanisation's continued growth and provide strong governance. strategic plannin& community involvement and marketing for the future. We have also significantly strengthened our govemance. financial management and fundraising practices through the work of the Glow team and Board. including improved financial processes and more cohesive policies. Fundraising continues to play a vital role within Glow Nl. not only in supplementing grant income but also in raising Glow Nl's profile across the community and bringing like-minded organisations together around a shared purpose in helping women and girls within our communities. This has all been possible due to the unwavering dedication, hard work and shared commitment of our CEO, the Glow Nl team, our Board and volunteers. Their belief in Glows mission, together with the time, energy and care they continue to invest, ha5 been instrumental in helping Glow Nl grow stronger and continue making a meaningful difference in the lives of the women and Eirls we support. We look forward with hope. determination and confrdence in what we can achieve together In the year ahead. GLOW-GIVING LIFE OPPORTUNITIES TO WOMEN IPri¥ato company limiied by guarantee without share capk1311 TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2026 Trustees, Annual Report {Incorporatln8 the Director's Reportl (contlnued) Going Concem After making appropraite enquiries. the trustees have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseable future. For this reason they continue to adopt the going concern basis in preparing the financial Statements. Further details regarding the adoption of the going concern basis can be found in the Accounting Policies. Financial Review The results for the period ended 31 m?￿h 2026 are set out on pages 8 and 9 of the financial statements. The total income for the period ended 31 March 2026 amountedto £256,02812024.. £157,884.) The total expenditure was £282.549 {2024.. £174,255.) The Trustees consider that the unrestricted funds of the charity is sufficient and adequate to fulfil their obli8ations. The charity held £97.728 (2024: £124,248) in reserves at the year end, Reserves Policy Our target minimum Operating Reserve Fund is equal to three months of average operating costs to ensure the financial stability and continued provision of ongoing operations and programmes. The Operating Reserve serves a dynarnic role and wll be feviewed and adjusted in response to nternal and external changes. The Operating Reserve Fund will be funded with surplus unrestritted operating funds. Restricted reserves will be used as specified in the funderfs contracts. GLOW-GIVING UFE OPPORTUNITIES TO WOMEN (Pfivate company limited byguarantee without share capit311 TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2026 Trustees, Annual Report Ilncorporatln8 the Dirertor'5 Reportl Icontlnuedl Trustees, responsibilities statement The Trustees Iwho are also direttors of GLOW- Giving Life Opportunitie5 to Women for the purposes of company lawl are responsible for preparing the Trustees. report and the financial statements in accordance with applicable law and United Kingdom Accounting Standard (United Kingdom Generally Accepted Accounting Practice). Company law require5 the trustees to prepare financial statements for each financial year. Under company law the Trustees must not approve the financial statements unless they are satisfied that they glve a tfue and fair view of the state of affairs of the charitable company and of the income resources and application of resources. including the income and expenditue of the charitable company for that period. In preparing these financial statements, the Trustee5 are required to.. select suitable accounting policies and then apply them consistently obseprfe the methods and principles in the Charities SORP,. make judgments and accounting estimates that are reasonab￿ and prudent; prepare the financial statements on the 8oin8 concern basi5 unless it is inappropriate to presume that the charitable company will tontinue in operation, rhe Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company's transaction and disclose with reasonable accuracy at any time the financial position of the charitable company and the enable them to ensure that the financial statements comply with the Companies Act 2019. They are also responsible for safeguardin8 the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Thi5 report was approved by the Trustees. on 5th June 2026 and signed on behalf bv.. o'C(e4LQ. Renee O Cleary Trustee (Chairl GLOW￿1VING LIFE OPPORTUNITIES TO WOMEN IPrNate company limited by 8uaraniee wilhout shale capitall TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2026 INDEPENDENT EXAMINER'S REPORT TO THE TRu￿EEs OF GLOW4IVING UFE OPPORTUNITIES TO WOMEN I report on the financial statements of the company for the year ended 31 March 2026 which are Set out on pa8es 8 and 9. Respertlve responslbilltie5 of trustees and examlner The trustees, who are also the dirertors of the company for the purpose of company law) are responsible for the preparation of the account5 in accordance WFth the requirements of the Companies Act 2006. Having satisfied myself that the company is not subject to audit under company law, and is eligible for Independent examination it is my responsibility to: examine the accounts under section 65 of the Charities Art follow the procedures laid down by the general Direttions given by the Charity Commission for Northern Ireland under section 6519}{bl of the Charities Act.. and state whether particular matters have come to my attention. Basis of Independent Examiner's report I have examined your charity accounts as required under section 65 of the Charitie5 Act and my examination was carried out in accordance with the general directions 8iven by the Charity Commission for Northern Ireland under settion 65{911bl of the Charities Act. My examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It was also included consideration of any unusual items or disclosures in the accounts. and seeking explanations from you as charity trustees concerning any such matters. My role is to State whether any material matters have come to my attention giving us cause to believe.. That accounting records were not kept in accordance with settion 386 of the Companies Act 2006 That the accounts do not accord with those accounting record5 3 That the accounts do not comply with the accounting requirements of settion 396 of the Companies Act 2006 and with the methods and principles of the Charities Statement of Recommended Practice applicable to charities preparing the accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland That there is further information needed for a proper understanding of the accounts to be reached Independent examinerfs statement I have completed my examination and have no concerns in re5pett of the matter$111 to141 listed above and, in connection with following the directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention. lal which gives me reasonable cause to believe that in any material respett the requirements,. lil to keep accounting records in accordance with section 386 of the Companie5 Act 2006,. and GLOW4IVING LIFE OPPORTUNITIES TO WOMEN IPriv3ie comparry limtted by guarantee wtthout share capital TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2026 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF GLOW-GIVING LIFE OPPORTUNITIES TO WOMEN CONTINUED... lil) to prepare financial statements which accord with the accounting records. comply with the accounting requirements of section 396 of the CompaniesAct 2LKJ6 and with the methods and principles of the Statement of Recommended Practice.- Accounting and Reporting by Charities.. have not been met or,. Ibl to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached. Tony Clarke FCPA 53 Andersonstown Road Belfast BTII 9AG Date= GLOW-GIVING UFE OPPORTUNITIES TO WOMEN (Private company limited by 8uarantee without share capitèll TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2026 STATEMENT OF FINANCIAL AcfiviTIES INCORPORATING THE INCOME MD EXPENDITURE ACCOUNT Year to Year to 31-Mar-26 30-Sep-24 TOTAL TOTAL Unrestrirted Restricted Funds Funds Note Income from: Donations and Legacies Charitable Activities 53,729 11.295 191,1JJ5 244,733 11,29S 151,449 6.435 Total Income 6S,024 191,005 256,028 157.884 Expenditure on: Charitable Activities 65,332 217.217 282,549 174,255 Total Expenditure: 65,332 217.217 282,549 174,255 Net incomellexpenditure) 13081 126.2121 126.5201 116.3711 Transfers between funds Net movement in funds 1308) 126,212 126,5201 116,3711 ciliation Total funds brought forward 13 89.547 34.701 124,248 140,619 Total funds carried forward 12 89.239 8,489 97,728 124,248 The statement of financial activities includes all gains and losses recognised in the year. All incoming resources and resources expended derive from continuing activities. The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006. The notes on page 10 to 16 fofm an integral part of these accounts GLOW-GIVING UFE OPPORTUNITIESTO WOMEN Private company limited by guarantee without share capitall TRUSTEES, REPORT AND FINANCIAI STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2026 BALANCE SHEET As at 31 March 2026 2026 2024 Note Fixed Assets Tangible Assets li 334 334 1,551 1,551 Current Assets Debtor5 Cash at bank 855 100.567 101,422 loo 125,015 125,115 Liabilities credito￿.. aM￿nts lallinidwwithinoneyear 4,028 12,4181 Net Current Assets 97,394 122,697 Net assets 97,728 124,248 Funds Restricted Unrestricted 8,489 89,239 34,701 89,547 TOTAL FUNDS 12 97,728 The company is entitled to the exemption from the audit requiremenl contained in sertion 477 of the Companies Act 2006, for the year ended 31 March 2026. The trustee5 acknowledge their responsibilities for ensuring that the Iharity keeps accounting record5 which comply with sertion 386 of the Act and for preparing financial statements which give a true and fair view Df the state of affairs of the company as at the end of the h"noncial year and of its incoming resources and application of resources. including its income and expenditure. for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply vAth the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. 124,248 The members have not required the company to obtain an audit of its financial statement5 for the year in question in accordance with section 476. These financial Statements have been prepared in accordance with the provi5ion5 applicable to companies subject to the small companies regime. The linancial statements were approved by the board dtiectors on 5th June 2026 and were signed on their behalf by: Renee O'clearv Trustee (Chairl The notes on page 10 to 16 form and integral part of these account5 GLOW-GIVING UFE OPPORTUNITIES TO WOMEN (Private cornpany limired by guararitee withoui share ￿pItalI TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2026 NOTES TO THE ACCOUNTS l Accounting policies Charity infom)atlon GLOW - Giving Life Opportunities to Women is a private company limited by guarantee incorporated in Northern Ireland. The registered Offi￿ is= Unit Bl/l, 1st Floor Old Mill, Conway Mill, 5 - 7 Conway Street, Belfast, BT13 2DE 1.1 Accounting convention The accounts have been prepared in accordance with the charity's governing document, the Companies Act 2006 and "Accounting and Reporting by Charities.. Siatement of Recommended Prartice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. {as amended for accounting periods commencing from l January 2019}. The charity is a Public Benef it Entity as defined by FRS 102. The charity ha5 taken advantage of the provision5 in the SORP for charities applying FRS 102 Update 8ulletin I not to prepare a Statement of Cash Flows. The financial statements are prepared in sterlin& which is the functional currency of the charitv. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below. 1.2 Going concem At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements. 1.3 Charitable funds Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives unle55 the funds have been designated foi other purposes. Restricted funds are subject to specific conditions by donors as to how they may be used. 1.4 Incomlng resources Income is recognised when the charity is legally entitled to it after any perforrnance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. io GLOW-GIVING LIFE OPPORTUNITIES TO WOMEN (Private company Iimired by guarantee without share capitall TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2026 NOTES TO THE ACCOUNTS CONTINUED... 1,4 Incoming resources Icontinued) Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods and services provided in the normal course of busine55, net of discounts, VAT and other sales related taxes. 1.5 Resources expended Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation com mitting the charity to that expenditure, it 15 probable that a fransfer of economic benefits will be required in settlement and the amount of the obligation can be measure reliably. Expenditure is accounted for on an accruals basis and has been classified under heading5 that aggregate all cost related to the category. The charity is below the charity audit threshold and therefore is exempt from reporting expenditure on an activity basis. The charity has opted to report by the nature of expenditure rather than on an activity basis. 1.6 Tangible fixed assets Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases-. Craft equipment Craft equipment 25% on tost Office Equipment Office Equipment 25% on cost Computer Equipncomputer Equipment 33% on cost 1.7 Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are Shown within borrowing5 in current liabilities. 1.8 Financial instruments The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12 '0ther Financial Instruments Issues, of FRS 102 to all of its financial instruments. Financial instrument5 are recognised in the charity's balance sheet when the charity becomes party to contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to Set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability 5irnultaneously. li GLOW-GIVING UFE OPPORTUNITIES TO WOMEN (Private company limited by 2uarantee without shère capitall TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2026 NOTES TO THE ACCOUNTS CONTINUED... 1.9 Basic financial assets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipt5 discounted at a market rate of interest. Financial assets classified as receivable within one year ore not amortised. 1.10 Basic financial liabilities Basic financial liabilitie5. including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument 15 measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified a5 payable within one year are not amortised. Debt instruments are subsequently carried at amortlsed cost, Using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non 10,000 17,3041 9Z3 BCC- Take 5 BNI Foundation Big Lottery Community Fund CFNI - Mental Health Fund CFNI- Toy Show Cash for Kids Children in need Clear Small Grants D'oyly Carte DFC lob Start Education Authority Halifax john Moore Foundation LFT Nat. Lottery Short Courses National Lottery C4W ROSA St James Place Tudor Trust Victoria Homes Trust Total restricted funds 5,256 10.000 3.000 12.255 4.270 4.000 8.339 2,668 634 5,000 1.815 6.280 5,462 10,000 1,153 8,113 io,o(N) iO.(KM) . (9751 740 7,304 2.100 191.OOS 2,100 34.697 (217,2171 Unrestrirted funds General funds Total Unrestricted funds 89,551 89,551 65.024 65.024 165,3321 (65,332) 89,243 89,243 Totsl of funds- current year 124,248 256.028 1282,5491 97,727 13 tatement of funds- ear Balance at 30 Sep 2023 Income Expenditure Transfer Balance at in/out 30 Sep 2024 Total unrestricted funds Total restricted funds Tolal of funds - prior year 87,733 52.886 140,619 45,255 112,624 157.879 (43,4261 1130,8291 1174.255) 1151 15 89,545 34,696 124,241 16