REGISTERED CHARITY NUMBER: 043796 ort of tbe Trustees UD d FiDaDcial Stxt men ror the Ye*r Ethd 31 Deetmber 211 for lo g41 Ecovillg4 ork The Grant Considine Parknership Chartered Atcountants 46 High Street Ban¢hory Aberdeenshire AB315SR Global the Yea er 1025 Pagt Trvasurer's Report I to 3 Report of the Trnstees 4 to 10 Independent Exatnltter's Report Ststement of Flnanclal Aetlvlties 12 to 13 Statement of FknaDclal PDsltlDn 14 Notes to the Flnanci#l Ststements 15 to 24 Glob41 EcoTrryUa Network io urer's Re ort fort Treasurer's Report for the Year Ended 31 December 202S In 2025 year-end reserves reduced by £5.116 compared to a £39.333 reduction in 2024. This drop is broken down into £1.940 unrestricted (£37.688 in 2024) and £3.176 restricted1£1,645 in 2024). The reserves earried fonvard into 2026 are £63,670, down from £68,786 at the end of December 2024, broken down into £61.592 unrestricted reqeryes {2024.. £63,532) gnd £2,078 regtrieted rescrves 12024.. £5.2541. in previous yeaTS GEN was losing a substantial arnount, the accounts in 2025 have reversed this trcnd and show just a minimal lo￿. This level of rese￿C8 is sufficient to cover oper8tional costs in 2025. Revenue There are four distinct funding pillars.. Funded Projects. Earned revenue, Investsnent income and D¢)nations, composed of Foundation grants and Jndividual donations. Earned Revenue Eanied incolne from consultancy and ¢dwatioDal ¢outs¢s was 47ts/. lower in 2025 ¢ompar¢d to 2024. There was a 140/0 increas¢ in Slore in¢om¢. The revenue earned colltinues to be at a disappointiThgly low lev¢l. There was i[Th)￿¢ from ddvertising within the Newsletter. Funded Projects GEN is continuiiig to seek out Funded Proje¢ts whos¢ goals align well with GEN'S mis5ioR. These proj¢¢ts tend to be mlllti-year. Developi1￿1 of strong relationships with parthers encourages sYner￿eS and alignments that add weight to our collective vision of greater sustainability. In 2025 tbere was £265.994 re£eiv¢d from restrtcted grant fimding. The Kincentric project was complctcd in 2025, 2nd the Living Sysiem A]liancc pn)jcct comm¢nc¢d. Th¢ K¢y5ton¢ projert will coffjplete in October 2026. Deferred funds of £210236 are held for use on rtStriLtrd projects in subsequent years. and these will b¢ accoullted for in the y¢ar th¢y ar¢ U￿d. At the start of 2026 GEN holds.. - £130,185 of Keystotje fimds - £35,556 of Naia Trust funds - £21,509 of Gaia Trust fundg for awards - £1 1,600 of LivinB SyslLms Alliancc funds £4,478 of River of Life funds - £2.702 for the Virrual EU otTice - £4203 of NextGEN ￿lld$ The Living Systems Alliance project Gommenced in 2025. This ptoj¢¢t is fimd¢d by the V. Ka￿) Rasmussen Foundation (VKRF) and through Trall51tion To￿￿ It will tun foi2 yea Found*tions In 2025 GEN received an amazin8 £25,000 of unte&tst¢ted funding from the LUSH Foundation to Celebra￿ our 25th anniversary. Gaia Trusi donated £3,000 towards the GEN Anniversary cel¢brdti¢)ns in 2024. 8rLd £3,(K)O towards the setup of an BU office. The n￿jOrity ofthese funds were defe￿ed to 2025. IndiYidu¥J Do￿*￿0￿$ GEN CQTnpletcd its 4th y¢ar-end fundraising campaign receivillg a total of £1 1.816 which w&8 25(f/o more than that ¢eiYed Jn 2024. Th¢ Fricnds of GEN cncrgis¢ us with u)thusiasin and support, showiiig us how small¢r gkfts can rnakc a hug¢ diff¢T¢nc¢. Half of these donations are distributed to the region& and half suprM)rts unrestricted Teserves. The Friends of GEN total donations in 2025 were down by 24/0 compared to 2024. This is not SU￿rising, &8 Friends of GEN is not being PTomoled. so As donors dmp away they aye not replaced. p￿￿p I GIDbal Ecovill e Network Treasurer's Re for the Year ED rt Tradlng and Other Jnforne Income from bank OT investment int¢rest in 2025 totalled £12,698 and was down 280/0 on 2024. Project r¢Yenue is now being dravm dowD. and the UK interest rate is dropping. so this source of income is d¢clining in 2026. At the end of 2025 £170.000 was held in a 95 day Nationwide account and will cOnti￿￿e to eam interest until drawn for project purp05¢5. A swial invcstuwit of £20,(MM) is also b¢ld with Ekopia, who support projects around the Filldhorn ￿0Village. This investment was withdrawn in Jalluary 2026 so that GEN can meet iv$ financial c4)tiY)ytments. GEN receiv¢s £833 per month from the Keystone project &$ a tontribuiion toward5 unrestricted overheads. al￿ this source of income will ¢ths¢ in September 2026. ExpcnditUTC Overall GEN'S unrestricted ¢xpcndiftllt dropped 4/0 compared to 2024. In 2024 it was £73.606 (£76,854 in 2024). In 2025 staff costs totalled £52.655 (2024: £44,890}, which was up 170/0 on 2024. Staff Adjustments Itt 2025 Eva Goldfath returned froTll Tnat¢mity l¢av¢. and took her tole which Nirol¢ R¢¢5¢ had tejnpordrily st¢pped into. Leadershlp GEN'S leadership shifted to a stKiocratic model in 2021 wtth Core Circle mcmber5 and a Leadlink replacing thc Executive Direeior. In 2025 £21,033 was spent on leadership {2024.. £17,110), representing 4(f/o of the total staff costs. Communlc4tions Communication costs were £8.740 in 2025 {2024 . £6,730}. This repTesents a 290/0 increase against 2024. This F￿￿S k)rea is pivotal in fa¢ilitattng and increasing our outreach on social media io promotc and share infortnation interwilly and externally. Support Support ¢OSts were £12.114 tn 2025 (2024". £14.009). repreMting a 510/0 it￿¢ ov¢r 2024. OpeT4¢lon$ Operational staff Costs wthr £10,222 in 2025 (2024.. £9.290). representing a IOQ/o incr¢as¢ over 2024. NOR staff co5tb- wErr £17.486 in 202512024: £13,201), r¢pr¢senting a 32/0 Lncrea5e over 2024. R¢wns include = - F.xp¢n%es relating the Ecovillage Map developrnent (£1.5771 - Trustce reimbur5emci)t5. including t￿slee trnvel to a GEN Hun￿ary gatheling and COP30 expeDses (£2,696) - Staff trJv¢l to th¢ GEN Hungary summer gathering l£1.837) Future PIAlls A detailed budget ha8 been drawn up for 2026 and approved by the Board. It is intended that core staff cos%5 will ieduLc by 12/0 over the 2025 level. This will b¢ achieved partly through most staff taktng 2 months off during the year. There is an intention to increase unrestricted revenue through th¢ following means: - a drive to generate income throu8h website membcr5hip. which provides a¢¢&*s to the improved EcovillA%e Map - application for a number of ull￿triCted grants . a fimdraisin8 can]paign - impetus lu generate fwNls from adv¢rtising in the Newsletter and website - new cout%es in pth)ership with Gala Fducation will be designed and tried. Patsp ? Globgl Ee eN tw rkSCIO Treasurerls Re ort f rth Y ArEllded IDe mber 2025 Sumrn8ry In 2025 there was a I￿oSt to core revenue through the Wit￿]ng of the LUSH grant, which c¢lebrat¢d GEN'S 25th anniversary. There was also a successful fi￿th7]SitiB drive which was assisted by match funding through the Big Give. Corc funds werc also Ix)0sled by inr¢r¢st from restri¢tcd projcct fun(ts GEN held in a high inwcst accounL Th¢s¢ fa¢tors have helped GFN to reverse a trend of reeent years. In order io ￿ long te￿ on tbis changed tren(L GEN n¢cd4 to fjnd a way of increasing corc in¢om¢ from donations nd &imed rcveDue. BaDk int¢r¢51 and grants aye 8 w¢lcome but unreliablc source of itieome, and GEN nccds to build a solid source of income in order to sustain itself. GEN has s￿fficient to eontinue operations for the next year. Re ort of the Trustee5 31 mber 21125 The trustees present tbeir report with the financial slaternents of the charity for the year ended 31 Dwemb¢r 2025. The tTYSt¢¢s hav¢ adopt¢d the provt5ions tsf Accounting #nd Re[￿]ng by awities.. Stat¢ment of Recommended Pra¢tic¢ applicablc to chariti¢5 preparing their accounts in aLcordance with the Financial ReportiT)g Standard applicable in th UK and Republic of Ireland(FRS 102) (eff￿tiv¢ l January 20I9). The trustees pre%nt thcir report with the financial statements of the charity for the year Cnded 31 December 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Stalemcnt of Re¢ommended Prdctiee applicable to charities wparing th¢ir acwunts in ac¢ordanee with the Fitwicial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102} {effective l January 2019). Global Ec4)v511age Network IGEN) is a Scottish Charitable Incorporat¢d OrgatiisatlOA {SCIO) incorpor4ted Febrllary 19, 2013. GEN'S constitution specifies two bodies which forni the goyernance structure for the Charity.. The Network St¢wgrd Circl¢ ynd the Bo&rd of Trn5tees. The Network Stcward Cirele includes represelltatives from all of the regions of the nctwork and from NextGEN, the youth netwo￿. It is r¢sponsible for aligning the responsibilitics and TtwidatQ5 of the Regions and GEN with cach other and without shared pu4)ose. It also serycs as the Generdl Assembly of GEN in mattaB relating to the appointrneDt of tTUSt¢e5, approval of tru5tcc ￿ports, approvillg atty chynges to the GEN consriwtion. The Board of Tn]stees is responsible for the Charity's use of resources and for employing staff. Its dutie& include cnsuring that thc charity acts in pwsuit of its charitablc objectives, that it uses its resources Efficiently and effectively, and that it meets legal and regulatory requirements including for financial reporting. GEN'S governance is grounded in SLKif)¢f8¢yi which includes consent-bas¢d decision-making and clear d¢lin¢atiou of the do￿￿5￿s. Ktwidatcs and ¢ommunication channels oleach Funciional group in the sinlclures. Network Steward Circle We have established the Netwo￿ Steward Circle to take primary responsibility for stewarding the shared purpos¢ and principles of GEN as a network and to ll￿ke deL'iSiOllS r¢garding ibe DOn￿Ills and Mandates of GEN (the ChaTity, also known as the Global Node of the Network), the Regional Nodcs (organisations supporting the regryonal neiworks) NexiGEN (the global youth t]etwork). Getter￿ Asxembty In addstion to fi￿Ction1ng as the Network StewzTd Cirtle, members meet ai least anttually as an Annual G¢ncrdl Agsembly. for the sole purpose of.. o Appointing or removing tTUStees for GEN o Amending the GEN Con5tEtution o Approving annual GEN Ttustee Reports o Controlling any renuitllng &5sets if th¢ orwisati4)n is wound up Several of the functions Te18ted to regional voi¢e, repTeSent&tiO￿ c(y)rdination al￿ coheTence &ross the network are thus pl￿ed in a ciwle that explicitly sits within GEN the Network. GEN WOTks through fwe broad Tegional organisations and a youth movement.. GEN Eumpe GENNA (North America) GEN Africa GENOA (Oceaniu and AsM} CASA Latina NEXTGEN (Youth) The regions work with the United Nations, National Governments, Aeademic Research and CoTpirations to build bridges al￿ allJance5 to achiev¢ their aims. PApp 4 ob%1 Ecovitia Network S ort of the Trnst¢fs f tbe Year End 31 December 2025 OKIEcfivES AND ACTIVITIES Objectives #nd xlms The Global Ecovillage Network aims to catalyse communitie5 for a T¢g¢n¢rntiv¢ wwld. Ecovillages embracc th¢ conc¢pt of 'luxurious simpli¢ity, celebrating and recreating low impact lifesty5es that expand a y¢ns¢ of care, reswnsibility and well-being. An Ecovillage is 8n intention81 or traditional community that is Consciously designed through l(Kally owne pkrticipalory proee5ses lo regenerdle their social alld natural environments. The Global E¢ovi118ge Network envisions a world of ernpow¢red citizens and communstie5, d¢signing and ]mplementin¥ their own pathways to a Tegcn¢rdtiv¢ fulure, and building bridges of hop¢ and int¢mational solidan'ty. Th¢ rnission is to irjnovate. cat#lyb< eduLate and advocate in global parthership with ecovillages alld all those dedicated to the shift to a regenerative worl(t thereby supporting and fulfilling our legal PUTPOSe. Slgnlfiefint Aetlvltles The significant activities of GEN during the yw are detailed in the Treasurevs T¢w)rt. Public benefit Our main activities are described in the Treasurees Report. The Trusiees confim) thai they have refe￿ed (o the OSCR general guidance on public ￿ll¢fil when reviewing the Charity's aims and objectives and It) planning ￿tttre a¢tiviti¢s and setting policy for the ycar. The public benefit for our sernrices reaehes WOrld￿lde and across all age groups. Access to our progrAms 1$ f#¢e to face and onlinc to cnsurc cquaj ac¢LsS to a]1. Wc monitor thc impact of this ben¢fit through social media usage, subscriptions and course participaiion both in p¢rson and onlin¢. Socigl investments Th¢ Chan'ty rnak¢5 prograi)llne r¢lated investtn¢nts (PIUI io use its assets directly to fi￿h¢[ its in a way that may alsts produce some financia] for the ¢harity. PRI is differeni from finan¢ial investment in that the jwlification for king a PRI is to fiwtherthe charity's ainv. Policies and procedures are in place to ensure that tA￿tees. Q show that th¢ PRI 15 wholly in furth¢ranc¢ of th¢ charitys aims (legal r¢qUi￿¢￿t) o can make sure that any bcncfit to priN7te individuals is necessary. reasonable and in the interests of the charity o consider reasonable and practieal ways to exit from a PRI if it is no longer furthering the charity's aims GraDtmaklDg The organisation doe5 not issue grdnts, however it does allocate funding across regions lo the various projects being undcrtakcn. Volunteers As a networL GEN thrives with self-OEganiscd, distributed thctLtres. tlansparent aceountability. ample diversity, cTrcre8tion. integrity, ongoin¥ network weaving, eTnpowemienL and f￿uS on collective iTnpa¢l. It is made up of mally people and orgattisations {leg211y registered or not) in m&ny countries, ¢eovillage%, cornmlmities, eco-projects, social enterpris¢s, ngnprofits, aDd regig]Jai org9ni5ati￿}s. All stak¢hold¢rs in GEN ar¢ all￿￿d atound a Shar￿ purpose, wove together through relatioLships, collaboration and compkx reciprrKai flows of resources. GEN has launchcd an cxpanded programm¢ for the many p¢ople Inte￿Ied in volunt¢cring in thc onlinc and remot¢ operations. Fro￿ tnarkei strategists to designers, tra￿slatOrS ￿)d re￿8￿CherS GEN receive5 invaluable 5UPPOrt for the mission. It gives individuals the opportunity to gain more insights and involvement within CIEN and the architecture of the organisation. GlobAi etwork SCIO Re ort of the Trust ed31 ember 2025 ACHIEVEMENTS AND PERFORMANCE Charltsble actlvltles The main activiti¢s of GEN. across the regions are as follows:_ Supporting the Nehvork To create new and support existing ecovillages to thrivè be ge]f-$ugtaining and Serve as experimental legrning centres and models. EduexllDn To build skills and Capacity for regenerative eommunity-based living thr()ugh providing leaming opportunities for a diversity of audien¢es a[￿ bringing trdiniug and princtpl¢s into schools. universities. organisations and communitiC5. Movement Building To wcave conncctions. fostu rclation5hips, ¢ollaboration, and solidarity in the ecovillage nettvork and join efforts with others in a larger movement for tr￿sItion to a regenerative. just AndpeJCefi￿ worl(L The perfornwce h&s been reviewed in tbe Treasurels Report. Fundralsing 4ctlYlties To fulfil these overall activities the following fiu]ded projects have been active in 2025. RIVER of LIFE This is au ongoillg global program with tb¢ motto Women SUp￿ting wo]neii'. The wornen use tbe funds as a ]ivelihood for their community WO￿ such as community gardeJLS. HILDUR JACKSON AWARD This award is to rttognise initiatives it) the network that bring the most impa¢thl inspiration about ecovillages attd prtsje¢ts to a broad audien¢e. KEYSTONE To support partner ecovillages to take part in community of practic¢ sesskons, hold l¢xal work5hop4 and 8ath¢r and report on l(bcal aspects of resilience. CJF.N's impact is me8swed by A variety of perforniance indtcAtOTS showing the number of networks, number of &mbassadoJ3 as well as gromrth in so¢ial medi4 subscribers and ¢ouThY Attendance. Note that Keystone is a follow on project from Ecovillage Resilience. KINCEKfRIC To lay the foundation5 for a new paradigm of leadership and polyerisis mitigation gTounded in kincentric ecology. LIVING SYSTEMS ALLtANCE Supports ¢OTllTnunity-led action- both locally and across bioregion5. Internal and external factors GEN works on a stNcture of shared governance and collatrf)rative leaderthip. At the end of 2020 GLN shifted from having an Executive Director to a Network Steward Circle with the leads of the five gcographical areas stewarding the ov¢]2115trategy arjd w¢llb¢ing of thc organisation, and sharing th¢ ovcrdll rcsponsibility togcthcr. Thi5 facililatr.s cl¢arer domains and respottsibilities for difftrent teams and a participatory approach to budgeting. lThe social. ecological. cultutal and economic factOTS of all rewon5 are Lncluded Bs part of the GEN pr(Ke55. FINANCIAL REVIEW FlnAncl81 posltlon In th¢ y¢ar to 31 Dw¢￿b¢r 2025 th¢ Charily r¢c¢tvcd incom¢ of£3J7,624 and had total ¢xp¢nditur¢ forth¢ y¢arof £342,740. This generat¢d a nct d¢fi¢it of fimds for the year of £5.116. {2024- deficit of £39,333). Nct assets at 31 Dccember 2025 are £63.670. Pa4YP vllla Netw rk SCIO rt ofthe Trustees forth Y FINANCIAL REVIEW Prineipal fundlng sources GEN, like TTh15t charitie4 has been dependent on dO[￿lI0￿S and ￿nded projects in th¢ pasL with staff carying out most of its work. GEN aims Lo adopl more self-sustaining fJRancial mode15, develi)ping social ¢ntrq)T¢neurship and delivering activities in parthership with GEN Regio￿ Ecovillages and other organisations and iJLdividuals in the Netwoe£. UDrL%tricted income 15 generated from trading activities namely consultancy, online edu&*ional offcring4 and an onlin¢ store. A]so. ineoine is now generated from interest on projeet fLmding held until il 15 ncedEd. From September 2024 the Keystone project provides a monthly overhead contributiott which is included as ui]restrscted fimding. Donations and grants are received from individuals, cojporations and foundations either to fvnd specific Project activities or for unrestTiCted puttK)ses. There has been a drop in unrestricted fijnding as Gaia Trust ytopped Èheir preyiously v¢ry generous donation strcam in 2022. love$tmellt policy objeetlves A5id¢ froFn Tetaining reserves. there are few funth for long t¢mi fiDaticial investments. Any wts F¢￿1Ved ill adva￿¢ are invested in higher rate bdtjk accounts, where possible. for greater liquidity. Reserv￿ pollcy On De£embcT 31, 2025, the totAI resetves of the charity were £63,670 {2024 - £68.786): of which £2.078 ar¢ r¢strict¢d fimds li.e. they can only be used for purpows Sp￿lfi¢d by the donors). £61.592 were UTJrestricted fijnds which can bc used for any pury)05e deiem)in¢d by the TThstees in furtherance of the Charity's Obj¢ctives. Th¢ Twstrcs have reviewed the 2026 budget. have determined that the organisation will aim to Tnaintain 4 months of operdtional T¢s¢rv¢s in Secure and liquid investments to ensure the charity has adequate time tts react to Lhanging circumstances. Forelgn Exeh&nge A significant amount of the charity's fiJndin8 comes from non-UK based sotsr¢es, which is a fil￿1¢181 risk. GEN d(*s not hold a US dollar or Euro bamk accouni, so we a¥e at th¢ m¢rcy of the exchang¢ rate operaiive ai th¢ time of receipt of project funds. In early 2024 this led to approximatcly a £12.(X)O loss when the Keystollc project fiuKis w¢re rec¢1v￿, although there had been a SiTnilar guin in 2023. Proj¢¢t managers will in future average ex¢hgnBe rntes over 3 years whcn budg¢ting thcir pJoje¢is. Goln¥ ¢0￿cern From rcview of risks, r.8ourc¢5. and fullding stream5 and in light of world-wid¢ events, the Trustees are of the opinion that Ihe Charity call continue to mc¢t 5ts obligationb as they fall due for the foreseeable futur¢. Funds deficit On 31 December 2025 no funded projects were in deficit. All restricted funds held at the Year￿elld are available for their designated use. Our plans for 2026 are outlin¢d in the Treasurels ReEx)rt. STRUCTURL GOVERNANCE AND MANAGEMENr GoverniMg document The charity is contro15ed by it5 sovetning docume￿ a deed of ttust and cOt￿ltUteS an uninc0￿0￿￿led Charity. The charity is controll￿ by its governing docum￿( a deed of trust and constitutes an unin¢oJporated charity. Global Ecovillage Network 15 ¢onstituted as a single iier SCIO, regISt￿d in 2013. Charity constitution The Charity Constitution Specifies the nglulr of governance though the two bodies of the Gelleral Assembly atKI the Board of Tntstees. PApp 7 villa e Network SCIO Re ort rt ofth¢ Trn5tees r Ended 31 er 21125 STRucfuRE, GOVERNATr4CE IIND MANAGEMETr4T Recruitment snd Appolntment of new trustees GEN Trustee5 Our Board of Trustees in 2025 consisted of 6 inijivithfftis from four of our five regions. wmplying with UK Charity r¢4uirements. The Board holds regular meetings. and generally i)veJEees the activities of the or88nisation. For exampl¢. the b(Hrd is responsible fvr monitOFill8 and conttolltng the fJnanciaS position of thr organisation. Trustees must operate tn the best interest of the Charity and its purposes, which may confli¢t with thc interests of other organisatioThs or parts of the Network. To mitigate this risk. Trustees are required to review th¢ir affiliations, report any potential confli¢ts they D￿Y fa¢¢ to the Boar￿ and exclude th¢n]5¢1ves from particiyAting in any Board decisions where such confliets arise. The Matmgement Circle andlor Treasur¢r inforn the bosrd with financial iipdhtes and analysis at Bo8rd/Staff meetings held at least four titnes a year. Trustees are also en¢ouraged to #￿esS the resources collected and iecorded by GEN staff to support their UDderstandxng of complex issues. Organi5atlong1 structure During 2020 and into 2021 GEN dccpened its adoption of shared govcrnanee and collaborative leadcrship with th adoption of a Network St¢ward Circle with l¢ad¢ts from all fiv¢ areas stewarding the overall strdttgy and financial w¢llbeing of thc organisaiion. The org3nisation is still in d¢velopm¢nt and will continu¢ to transition with new pathways 8nd stTUCtutes going fonvard. De¢i$ion making Strdtcgic prow)sals fromtbe Board of Trustccs ￿e shared with and ratified by the ￿e￿ork Steward Circle and the Q¢neral Assembly. Induction #nd traiTrlDg of new trustees New Trustees were recruit￿ factorillg in compeiencics so that they would be bett¢r positioncd to support staff and provide guid8nc¢ in key areas. Staff roles have also been restructured to ensur¢ staff skills and Strtngths ar¢ well leveraged. A more pragtnatic 8pproach to forecasting al￿ planning has been developed io ensure ihat events and program fa¢tor in statycapacity. Key m9ll4Eemtnt rernuner4tion Key managLmcnt pcrsonnel with authority and responsibility for directing #nd controlling the activities of the Charity in¢lude'frustees wiior manag¢m¢nt with (klegaied respot]sibility for the day to d&y runniDg ofthe Chatity. All Trustees are volunteers and give their time freely. The pay of staff is reviewed annually by thc Network Steward Cir¢le at the GA. DF4y to day management of the Charity 18 delegated to a shared leadership body. the Co-ordination Cir¢le now comp05 of Abbie C#ldaq. Rodrigo BAEd, Jules Elli50n aDd Eva Goldfath, with widcr dcci5ion making and pla¢Jning overseen by thc Board and Neiwork Steward Circle. Wlder network As a Nctwork. regional engagement IS Critical to the librancy and relevance of GEN on a global stage. There is x risk thai a lack of alignment and bommuniLation w511 impa¢1 these 6trategi¢ relaiion5hip5. GEN has comrnTrtted to a de¢peT engdgem¢nt alid collaboration with lh¢ Re￿tsnS as stratcgic partners. This will be accomplished by working on joint pr()jects. ￿ndrai%]ng and developing Co]nmunities of Practice (working grow)s set up according to interests, illt¢ntions and needs of the nodes in the nelwork). An example of su¢h a Community of Practice is developin¥ 8￿te￿eS for advocacy aTHI vutreaeh through the UN. with national goveTDrn¥nt aEcncies and local touncils. The Network Stcward Circle is another body that holds. regular meetings between reEions and staff to ensure the engagement and collaboration attlongst the other b()dies in GEN. P2vp % Glt)bal ECD e Nttwork SC f the Trustees theYarE r20 STRUCTURE, GOVERNANCE AND MANAGEMENF Related parties The Charity's related parti¢$ are its fiv¢ main regional organisations along with their aSsocia￿d youth sectors- Europ¢, Afrio. North America, South America, Oceania and Asia and 'N¢xV GEN. Th¢ transactions ote to fa¢ilitst¢ the furtherance ofthe Charity's aims and objc£tives across the re￿0￿￿. Risk management Thc Board of Trustees have a duty to identify and review the Tisks to which the charity is exposed and to a)sure appropriate corLtsol$ are in place to proTride re280nable 8ssufdnce against fraud and error. It 15 the responsibility of the Board to deterniine its risk app¢tite based on the recommendation of the Cwrdination Circle who ewdluate Tisks associated with strategic optiong. The Coordination Circle infomis the Board periodi¢ally of any new risks alld potential mitigation plans. These are reviewed in aggTegat¢ on an annual b&%15. Intert￿1 Control Fk)mework The Board of Trustees arc responsible for ensuring that the ch￿lty maintsit￿ a robust systern of interna] controls. This is accot]]pSished by pro￿ segregatioll of duties. ethi.cal leadership. by e[￿OuragIng ¢thical ¥taff policie5. and testing to ensure that key controls are operating as planned. The internal Control system serves to.. -EDsure the appiopriate colltrol systems. policies, 5trategie5 and staff ar¢ in place to work towaTds minimistng the operational risk of GEN. - Prevent paym¢nts without fomThl authorisation through a clear delegation of authority. Guarantee TCPOrting and analysis against forecast and budget. - Manage &gsh balances and foreiyJ] exposure risk. - Ensure all GEN staff are aware of and trainod on the CIKie of ConducL documented in the Team A￿ceMents. - Ensure all TTusle¢s are awalr of and train¢d on the Cod¢ of Conduct as per th¢ Con￿lI￿￿on. Through th¢ development of the Ecovillage Impact Assessment {laun¢hed in Jun£ 20211. GEN will be abl¢ to show l¢ar link to ttrA¢ UN Suslainable Development Goals (SDGS) and demonstrate how ccovillages reduce poverty. improve fo(NJ re8ll3el￿C and security. clean and store water, rc5tore degraded landscapes alld use of l¢pding edge technology. It is our belief that the clwity is well positioned to participate in providing govemm¢nts and indiiidua]s numerous tools necessary to itnplemeDt pathways to a ￿selleratIve future. We believe that these tools will demol￿trate the need for action and GEN will be w¢ll-positioucd. through its online learning platfonn, to provide solutions and showcase the P05itsve impact of e¢ovilla8L%. REFERENCE AND ADMINtSTRATIVE DETAllS Registered Cknrity D￿mber 043796 PrlMclp81 address Lucky Stsr Lane 129E High Street Fo￿$ Moray IV36 IDX Trustees J Di Gregorio ABal Dr M Ito (Te55gned 17.3.25) R Wheeler O Payne H Frictas J Schwab {apN)inted 31.7.25) A SLhwab (appointed 31.7.25) Pgop Q Glob*l e Netsvork SCIO ort of tbe Trustee5 for the Year l De mber202 REFERENCE AND ADMINIS￿TIVE DETAILS Independent Exatniner The Grant Considine Partnernhip Chartered Ac¢oulllan(s 46 High Street Ban¢hory Aberdee]Lshire AB315SR Approved by order of the Ix)ard oftrustees on 31 March 2026 and Sign￿ on its behalf by.. otio J Di Gt¢gorio- TTh￿tee Inde ndent Examlner's Re Global EeoTrrylla e N twork ort to the Thistees of I rep)rt on the accounts forthe year ended 31 December 2025 sel out on pages ttvelve to twenty four. Respective respon￿7)]11tieS of trustees and examiner The charity's twstees are responsible foT the pwardtion of the accounts in accordance with the terms of the Charities And Truste¢ Investment {S¢otland) Act 2005 and the Charities Accounts {Seotland) RegulatiODS 2006 (as an]ended). The Lharity's ttustees consider that the audit requirement of Regul8tion 10(IXa} to (c) of the Accounts R¢gulatioDS doe5 Ilot apply. Ji is my responsibility lo examine the accounts as required under Sectitsn 44(1)(c) of the Act and to slate whether particular matt¢rs havc eotne to my attention. Basis of the Independent examine￿S report My ¢xaminatiOn was carTied out in Accordance with Regulation I l of the Cbarili¢s Accoullts (ScotlaTMI) Regulations 2006. An examination includes a re￿Trew of the accounting records kept by the charity and a comparison of the accounts pr¢seD¢¢d with those records.. It also includes consideration of any unusual items or disclosu￿$ in the accounts, and seeking ¢xplanalions from you as tsustees concerning any such Enatt¢rs. Th¢ procedures undertaken do not provide all the evidence that would be required in an audiL and cons¢quently I do Dot ¢xprt&s an audit opinion on th¢ vi¢w given by the accounts. Independent exAmlnerf$ Statement In connection with my examination. no matter h&5 corne to my attention '. {1) whi¢h 8ives me reasonable cause to believe thal in 8tty material respect, the requiTements to keep accounting words ill accoriian¢e with Section 44IIXa) of the 2005 Act and Regulation 4 of the 2(M)6 Accounts RegulatiODS.' alld to prepart accounts which accord with the acco￿ting Tecords al￿ to comply with Regulation 8 of the 2006 A¢¢ounts Reg￿latiO have not beett met,. or (2) to which, in my opinion, att¢ntion should be drawn in order to enable a proper underthding of the accounts to be r¢a¢h¢ Mrs Gillian R Ni¢tslson ICAS The Institutc of Chartered A¢eountsnts of Seotland The Grnni Considine Partnership Chartered Accountants 46 Fli￿7 Str¢ei Banchory Ab¢rd¢enshire AB315SR 31 M￿ch 2026 PAiyp I I Global ork io tem ort ofFI Ycar cial A tlvltles r202 2025 TotstI fimds 2024 TotaE fiu]ds Unrestricted fund Re5trict¢d Notes INCOME AND ENDOWMEiYfs FROM Donatiolls and legacie5 43,987 2,668 46,655 13,443 Charithble activities River Of Life E¢oVillage Resilience HK SPROUTS 542 4.880 5,422 6,032 121,856 3,050 58,466 5J52 Kincentric K¢y5tonc EU Virtual offi¢e Livin8 s￿teMs Alliance NAIA Foundatio 45,542 176.225 83 2,100 34.436 45.542 186,225 83 2,160 34,436 10,o(M) Othcr trading activities Investment illcom¢ 4.403 12.698 4,403 12,698 6,407 17.464 Total 71,630 265,994 337,624 232.070 EXPENDITURE ON Ralsing fuDds Raising donations and legacies 4.S17 4,517 L7,968 4,517 4,517 17,968 Charit8ble Artivities River Of Life Friends ofGEN Gaia Trust Award Core charitable activitie5 Ecovillage R¢silienLe SPROUTS Kincentric Keystone EU Virtual office Living Systems Alliance NAIA Foundation 5,656 5.656 6,611 2,300 2.450 52.136 121,626 3,512 58,426 2,020 214 2.668 2.668 64,610 64.610 45,506 178,625 45.506 178,625 83 2,160 34.436 2.160 34.436 4,479 4,479 4.140 Total 73,606 269.134 342,740 271,403 NET JNCOME/(EXPE￿￿1TuRE) Transf¢rs betw¢¢n fun {1,976) 36 (3,140) (36) {5.116) 16 (39,333) Net movement In funds (1,940) (3.176) (5,110) (39.333) RECONCILIATION OI. FUNDS Total Funds brollght fonvArd 63.532 5,254 68,786 108.119 TOTAL FUNDS CARRIED FORWARD 61,592 2.078 63,670 68.786 The notes forni part of these flnancial slatements GIDb e Nth rk SCIO State of Flna or the Y Ended l Aetlvltles eembe cONTINu￿c OPERATIONS Ali income and cxpenditure h&8 aTiS¢ll from continuing activities. The notes foTSn part of these financial siatolnents l￿bIL Ee e Netwo io tatement of 31 r20 2025 Total 2024 Total funds UD7estri¢ted RestrictLxI funds Not¢s FLXED ASSETS lllvestmeDt5 Investments Social illveskn¢nts l2 13 1.5(X) 20.(J)O 1,5(Xl 20.000 1,51)0 20,0(X) 21.500 21,5(K) 21,5(X) CURRENT ASSETS D¢btors Cash at bank 14 8,331 45,917 8,331 253,669 11,918 445,271 207,752 54248 207.752 262.lY)O 457,189 CREDITORS Amounts falling due within one year 15 {14,156) (205,674) (2l9,8301 (409,903) NET CURRENT ASSRTS 40.092 2,078 42,170 47286 TOTAL ASSETS LESS CURRENr LIABILITIES 61,592 2.078 63,670 68,786 NET ASSETS 61,592 2,078 63,670 68,786 16 Unrcstri¢tcd funds.. General fund Rcstricted fi￿ds. River Of Life Keystone 61,592 63,532 4,478 (2.4(X)} 5254 2,078 5254 TOTAL FUNDS 63.670 68.786 Th¢ financiol statements werc approv¢d by tbe BoArd of Trustees and authorised foi issue on 31 Mar¢h 2026 #nd w¢re St￿e0 on its behalf by.. la orio J Di Gregorio- Tnjstee The notes forni part of these financial 5tatemrnts Global E¢tsvlli e N twork SCIO Notes to the Finilleiaj Ststements Year 31 C.ENERAL ￿FoRMATION Th¢ charity is re￿leTed in Scotland. The address of the registered office is Lucky Park Lane, 129E High Stre Forres, Moray* tv36 IDX. The following aecowjting policies have been app]Aed eonsistently in dealing with items which are considered nwi¢rial in fflation to the firwicial statements, except as noted below. ACCOUNTING POLICIES BgSI5 of prep&rin2 the fin8rt¢lal ststemeDt5 The financial statements of tl)e Charitable company, which is a publie benefit entity under FRS 102, hav¢ bE¢n prcpared ill compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and thc Republic of Ittland,, the Statement of Recommendcd Practiee applicablc to charities prcparing their accounts in accordance with the Financial Reporting Slandard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Charities and Trustse Investrnellt (S¢otland) Aet 2005 and tb¢ Charity Accounts (ScoilJnd) Rcgulations 20(16 (as amended). The finanLial 5tat¢ments hav¢ b¢¢n pr¢par¢d on the histOTi¢al co* basi& a5 ￿OdIfiCd by the revaluation of certain fJnanci#l assct4 and liai)ilJties al￿ inve5tsneni properties measurcd at fair value through inrom¢ or ¢xpenditure. The fil￿n¢tal stat¢ments are prepared in sterlin& whiGh is ihe functiotd cutTency of the entity. The monetary amounLs im the financial stateTnents are Toundcd to the ncarcsi £. Fkn8Dclal reporting standard 102- redu¢ed disclosure exemptffion$ The charity has taken advantsge of the following discl(J8ure exemptions in preparin¥ these fllwiLial statem¢Iit4 as permitted by FRS 102'The Finhn¢ial RepDiting Standard applicablt its the UK and Republic of tr¢land': the requirements tsf Section 7 Statement of CAsh Flows; the requirement of paragraph 3.17(d)' th£ requiT¢TnEnts of paragraphs 11.42. 11.44. 11.45. 1 L.47, 11.48(aXiii), 11.48(aXiv), I1.48(b) and 11.48lc): the reqU1￿MentS of paragraphs 12.26. 12.27. 12.29{a). 12.290)) and 12.29A- the requiT¢IEient of paragrJph 24lbl of IFRS 6. Critical *ccounting judgeTnettts and key sollrces of estimation un¢ertainty In the dpplication of the bharity's 4wounting policies, the Trust¢e8 are required to make judgements. estiFnales and assumptions about the Carrying mount of &ssets and liabilitie5 that are not Telidily app3rent from other sources. The estimates and associated assumptions are based on hisLorical ¢XPCTi¢nce and other factors that ar¢ considered ts) be relevaTht Actual results rnay differ from these estirnate5. The estimares and underlying ossllmptions are teviewed on an ongoing basis. Revisions to accounting estimates arc rtcognis¢d in the period in which th¢ estimate i5 rewiscd where the revision affects only that perio(L or in the period otthe revision and fuDJre periods wh¢re the revision aff¢cts ix)th current and futurc periods. Thc following judg¢m¢nts or ¢stimation ullcerfainties have a significant effect on aMO￿ts recogniscd in the rmancial statcrn£nL%=. Impalrment of debtors The ¢harity makes all estimate on the recovcrability of debtors. When assessing im￿]rnIent of dcbl0￿, mJnagement consider factors iD¢luding the Current credit rdting of the 2026. This is a fiscal sponsoT&hip, supported by the Naia Trust, over a two yegr perio Unused fiwds totalliDg £1 1,6(M) from the LkviD8 Syst¢rns Alliati¢e prOj￿t have been deferred to 2026. Unused fiJnLLs of £2.703 for the EU offi¢e have been defe￿ to 2026. The charity h&8 deferred this rev¢nue to 2026 to e￿U[C complian¢¢ with the guidelines Sel out by SORP (FRS 102). The d¢ferred income of £391915 at 31 December 2024 has b¢¢n released to th¢ SOFA aTyd allocated in l*ne with the tcrnjs of th¢ fundin& 16. MOVEMENT IN FUNDS Nct movemeffl irt fiLnds TTansfers between At 31.12.25 At 1.1.25 Unre6tritted fund5 General fiwd 63,532 (1,976) 36 61,592 Re$trAeted funds "ver ofLife Kincenttic Keystone 5,254 {776) 36 {2.400) 4.478 (36) {2,400} 5,254 (3.1401 136) 2,078 TOTAL FUNDS 68.786 (5,116) 63,670 rnnlir*iie Global Eeorfla Netw rk Not ¢ Ihe FI￿4￿¢1￿} Sialtme￿ts- contlrtued f r tbe Y ar Ended l Deeem er 202 MOVEMENf JN FUNDS- continued Net movement ill fvnd5, included in the above pre &% follows: Incoming resollrces Resources expcnded Movem¢nt in fllnds Unrestrlcted fund$ General fi￿d 71.630 (73,606) (1.976) Restricted Gaia TNSI Award River Of Life Kinc¢ntri¢ Keystonc Living Systems Alliance Project NAtA Foundation 2,751 4,880 45,542 176,225 2.160 34.436 (2,751) 15,656) (45,506) {178.625) (2.160) (34,436) 1776) 36 12,400) 265,994 (269.134) (3,140} TOTAL FUNDS 337,624 (342,740) {5,116) Comp8rative5 for movement in f￿ndS Net movement in thnds Trnnsfers betwcen At 31.12.24 At 1.1.24 Unrestrict¢d funds G¢neral fund 101220 (37.478) (210) 63,532 Restricted funds River Of Life Eco Villlage Resilience HK SPRours 6,437 (1,183) (210) 1462} 5254 210 462 6.899 (1.855) 210 5.254 TOTAL FUNDS 108,119 (39,333) 68,786 ?? lobal Ecovilla Network SCIO Notes to the Flnandal Stat Ende ellts- contin mber 202 MOTrTMENT IN FUNDS- contlnued Comparative net movement in funds. included in the above 8Te ag follows.. Incoming resourcc$ Rcsource5 expended Movement in fi￿dS UnTe8tricted httds Generdl lund 39.376 {76,854) (37.478) Re5trt¢ted funds Gaia Tn￿t Award River Of Life Eco Villlage R¢$ilience HK SPROUTS Kincentrffic Keystone 2,664 5.428 121.416 3.050 58.116 2,020 12.664) {6,611) {121.626) (3,512} (58,116) (2,020) (1,183) 1210) (462) 192,694 {194,549} (1,855) TOTAL FUF4DS 232,070 {271.4031 (39,333) Resttieied fuThds at 31 Dc¢ember 2025 are as follows:. River of Life- This is 8n oDgoing global program with the Tnotto Ylomen supportiug wom¢u' The w¢)men use the funds a s a liv¢lihwd for their community WOTk such as community garde￿. Keyslone - This 2 year project builds oll the Ecovillage Re5ilicn¢e projcrt focuse5 on sustaining life tbrough poIyrTiSiS. The fund dcficit of £2,400. r¢latin8 to ac¢wed expellditure. is covered by the deferrcd revenue th* will b¢ relc&%¢d in 2026. New EU office - Gaia Trust has provide funds for the creation of an office in Ireland wkn.ch will be ulldcr a ncw company. and will work in collaboration wilh GEN. Gaia Trust Awards- Gaia Trust has provided fvnding for 7 further years of the Hildur Jackson awaThL Living Systems AlliaKe- this supports community led actioLs. both locally al￿ across bioregioris. NAIA- Naia TtU5t is dedicat¢d to regentrdting th¥ ¢drth alld deepening hutt]anity's r¢laljo￿Sh￿p with nature. The Naia I'rust forn￿ a fiscal sponsorship a￿em¢￿t thiih GfN, in paTttJership with Kincentric CIC. Transfers b¢¢ween fvods FuDd transfcrs ￿late to movemcnts I￿￿ecft restrict¢d and unreqtric(ed fvnds. to close small balanc¢s wher¢ IE5tri¢t¢d projects are now fmiskLed, artd to transfer Lnonie5 to covcr Small overdrawi amounts for Ongoing restricted projecis. Pwup ?7 Glo Netw scIo Notes fort the Financl I Si#temen ejllber 17. RELATED PARTY DISCLQSURES Related Partles GEN w(Trrks through five broad regional organisations and a youth movement for each region. Th¢se are relaied parties for reporting purposes. GEN Europe GENNA OqortbAm¢rica) CIEN Africa GENOA (Oceania alld Asia) CASA Latina NEXTGEN (Youth) All transaetiotts aT¢ at aTllLS length and rcfle¢t the aims and objectives of the Charity. BAl*Trce5 due to RelAted P#rtie5 alt 31 Deeember 2025 2025 2024 NextGEN Internatioual NextGEN Africa 2.625 ,578 42113 2,889 1.578 4.467 PAPP ?4 Final Accounts Electronic Signatures 31.12.25 2026-04-22 Final Audit Report Created.. 2026-04-22 Flona GrSffin (fiona gran*￿n￿ldIn8.C0MI Swed c￿cHBcAAB￿A3¥y3J02G4gl6TR￿o8m￿RJYOnpt￿FAsL1 TraI￿a¢￿0￿ ID.. "Final Accounts Electronic Signatures 31.12.25" History Document created by Fiona Griffin Ifiona@grantconsidine.com) 2D26-04-22- 9'.52:09 AM G . Document emailed lo Jonas di Gregorio lionas.digregorio@ecovillage.org} for signature 20W22-9..52..15AM G Email viewed by Jonas di Gregorio lJ'onas.digregorio@ecovillage.org) 20264J4.22- 4..01."24 PM GMT Signer Jonas di Gregorio lJ'onas.digregorio@ecovillage.org) entered name al signing as Jonas laffaldano Di Gregorio 2026-04-22- 4.'01.'54 PM GMT &0 Document e-signed by Jonas laffaldano Di Gregorio tionas.digregorio@ecovillage.org) Signature Date.. 202&04-22- 4..01..58 PM GMT- Time Source.. satver . Document emailed to Gillian Nicolson1gill@grantconsidine.com) for signature 202&04-22- 4:01..58 PM GMT Emall viewed by Gillian Nico180n {gill@grantconsiding.eom) 2026-04-22- 4..09..52 PM GMT &0 Do¢ument e-signed by Gillian Nicolson Igill@grantcon5idlne.Goml SwabJr8 Date,. 2026414-22- 4.'55..$3 PM GMT- Time Source.. seNer O Agregment completed. 2026.04-22- 4.'55..53 PM GMT