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← Tim Parry Johnathan Ball Foundation Ltd

2025-03-31-accounts

REGISTERED COMPANY NUMBER: 03042409 (England and Wales) REGISTERED CHARITY NUMBER: 1048990

Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 March 2025

for

Tim Parry Johnathan Ball Foundation Ltd

Michael Donnan & Co Limited Oaktree Court Business Centre Mill Lane Ness Cheshire CH64 8TP

Tim Parry Johnathan Ball Foundation Ltd

Contents of the Financial Statements for the year ended 31 March 2025

Page
Report of the Trustees 1 to 5
Independent Examiner's Report 6
Statement of Financial Activities 7
Balance Sheet 8 to 9
Cash Flow Statement 10
Notes to the Cash Flow Statement 11
Notes to the Financial Statements 12 to 22
Detailed Statement of Financial Activities 23 to 24

Tim Parry Johnathan Ball Foundation Ltd

Report of the Trustees for the year ended 31 March 2025

The Trustees, who are also Directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland. This report includes the directors' report as required by company law.

OBJECTIVES AND ACTIVITIES

Charitable objectives and activities

The company's objects as set out in its governing document are:

Strategic objectives

The Foundation focuses on breaking the cycle of violence, through its non-formal learning programmes designed to create networks of agents for change. The Foundation's aim is to help people and communities to Prevent, Resolve and Respond to their conflicts, by breaking the cycle of violence.

The Foundation's programmes cover broad areas of work, using practice-based research and conflict transformation theory, to equip people with skills to use their experiences positively and effect change for themselves and their communities.

The Foundation Trustees review strategic objectives and activities when drafting the annual business plan by taking account of the Charity Commission's general and revised guidance on public benefit. The business plan is supported by a detailed annual budget and cash flow which is approved by the Trustees at the start of each year.

Page 1

Tim Parry Johnathan Ball Foundation Ltd

Report of the Trustees for the year ended 31 March 2025

ACHIEVEMENTS AND PERFORMANCE

Review of the year - key activities and achievements

Response programmes - supporting victims of terrorism

This programme is funded by the Home Office Victims Terrorism Unit, and covers the costs of two full time employees, and referrals to specialist providers where needed. During the year the VTU team staged events and provided specialist training to external organisations involved in providing support to victims.

Prevention programmes

All programmes delivered this year have featured elements of work to prevent future conflicts, resolve current issues, and respond to the needs of those affected.

Prevent focused programmes delivered in 2024-25, include:

1) Small Steps for Peace - for Key Stage 2 primary school children, to deliver a workshop to parents and teachers around conflict resolution, followed by classroom sessions for the children.

2) Tiny Steps for Peace - for Key Stage 1 primary school children, based on a board game to encourage positive relationships for lower primary aged children and encourage ideas of conflict resolution at an early age.

3) We Come in Peace - a programme for Key Stage 2 primary children in smaller groups identified during Small Steps, as needing more support during transition to secondary education.

4) One to one support - working in Primary education with some of the most vulnerable young people in order to signpost to other agencies for the most appropriate support.

5) Holding Difficult Conversations - teacher training to help fulfil obligations to prevent young people from being drawn into extremism. The programme develops confidence and competence in engaging successfully in dialogue, and tools and tips to de-escalate and manage tension.

6) Tim Parry Leadership Development Programme - to equip young people with the skills and opportunity to become ambassadors for peace and agents for change by enhancing their Leadership skills and understanding of how we, as neighbours (Great Britain and the Island of Ireland), can develop positive future relationships. Provides the opportunity to interact with other young people from Warrington, Northern Ireland and the Republic of Ireland.

Funding

The Foundation has continued to deliver its "Steps" programmes in schools, predominantly in Liverpool and Warrington, funded by The Post Code Lottery, Liverpool City Council, Merseyside Police and L'Oreal. The programme builds resilience in school children and delivers trauma therapy where needed. This year we also included training for Teachers and Parents.

Resolution programmes

The Foundation is commissioned as a neutral third party, to help resolve conflict situations within communities, by facilitating dialogue within and between communities. An action plan is developed and tailored to meet the needs of each community, based upon an understanding of the context and relationships within the area. This plan identifies interconnected issues, challenges and opportunities, related to broad social trends, local provision and perceptions and realities.

Measuring performance

The Foundation receives funding from a variety of sources, each requiring differing levels of reporting in relation to outputs and Key Performance Indicators, usually on a quarterly basis. All the core programmes have met targets set by funders during the year.

FINANCIAL REVIEW

Principal funding sources

The Foundation's funding, both restricted and unrestricted, comes from a variety of sources. Major funding for this year came from the Home Office 'Victims of Terrorism Unit', various other commissioning authorities and major donors.

Reserves policy

We continuously monitor budgets and cashflow forecasting, with the aim of maintaining a minimum rolling six months funding. In the past 12 months, meeting this policy has been difficult (see Future Developments below).

Page 2

Tim Parry Johnathan Ball Foundation Ltd

Report of the Trustees for the year ended 31 March 2025

FINANCIAL REVIEW

Results for the year

The Foundation generated a deficit for the year of £252,627.

The balance sheet value has decreased due to the decrease in cash. Net assets at 31 March 2025 were £635,401. Total funds were made up of £1,866 of restricted funds and £633,535 of unrestricted funds. Unrestricted funds included £602,347 of designated funds in relation to the Peace Centre asset.

The charity's wholly owned subsidiary 'The Tim Parry Johnathan Ball Peace Centre Limited' traded profitably during the year and was able to gift £24,674 to the Foundation.

FUTURE DEVELOPMENTS

Throughout 2024 and 2025, the Foundation experienced very challenging trading circumstances and a diminished order book, with no indication that circumstances were going to improve. Based on these adverse circumstances, the Board agreed the CEO's recommendation to cease trading at March 31, 2025. As a result, all employed staff have been informed of their redundancy, with leaving dates based upon a phased wind down.

In the meantime, we continued with private hires from external businesses and public sector bodies, as well as the Home Office's 'VTU' programme until 31 March 2025 and the sale of the Peace Centre is concluded.

Pre-existing contracts such as the 3 years 'Tim Parry Scholarship' programme in conjunction with the Irish Government's Department of Foreign Affairs to work with young people from ROI, NI and GB, face to face and online, has been terminated at the end of the second year of the 3-year programme.

The Home Office contract for £62,500 to cover the costs of the Victims of Terrorism Unit programme from September 2024 to March 2025 ended with no renewal.

The Board had extensive discussions during 2024/25 about the status of the Foundation and solutions going forward. Lengthy discussions with Warrington Borough Council and the NSPCC, have led to an agreement to sell the Peace Centre for £1.34m, less legal / admin fees. The agreement to sell the Peace Centre was concluded on 28 April 2025.

The Board agreed to change the charity’s purposes from being a grant seeking organisation to become a grant making organisation, by using its share of the proceeds of the sale of the Peace Centre to help other charitable organisations with compatible aims & purposes.

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Recruitment and appointment of new trustees

As set out in the Articles of Association, the Chair of Trustees is nominated by the Trustee Board. Up to 15 Trustees can sit on the Board at any one time. Trustees are appointed on an initial two-year basis, after which they can stand for re-election. Board membership is currently 10 trustees. When there are vacancies for Trustee positions or when the Board consider that there is a particular skill set that would be of benefit, the Foundation seeks new Trustees. Interested parties are asked to forward their CV to the Chairman. The Chairman and Chief Executive then review the CVs and those who have skills which would add to the makeup of the Board are invited for discussion. Following discussion, the Chairman circulates details of the proposed trustee to the Board and a vote is taken at the next board meeting as to whether to accept the applicant.

Induction and training of new trustees

New Trustees undergo an induction process to provide them with details of the aims and objectives of the Foundation. They are also provided with the Memorandum and Articles of Association, the business strategy, details of our programmes and most recent reports and accounts. Trustees are also provided with a copy of the National Council for Voluntary Organisations (NCVO) Good Trustee Guide. An annual review process in relation to Board of Trustees effectiveness has now been established to support training and identify skills gaps.

Sub-committees of the Board of Trustees

The Finance Sub-committee reviews key financial documents, such as monthly accounts and annual budgets, and makes recommendations to the Board of Trustees.

Page 3

Tim Parry Johnathan Ball Foundation Ltd

Report of the Trustees for the year ended 31 March 2025

STRUCTURE, GOVERNANCE AND MANAGEMENT

Organisational structure

The Trustee Board administers the charity and meets every 8 weeks. A Chief Executive is appointed by the Trustees to oversee and promote the activities of the Foundation. To facilitate effective operations, the Chief Executive has delegated authority from the Trustee Board to propose strategy and deal with governance matters. The Chief Executive guides the execution of the business plan as well as undertaking risk management, with oversight of the operations of the charity and company.

Programme governance

Each major programme is governed by a Programme Management Team member to oversee all projects and their relationships with funders. The status and financial performance of each programme is reported to every Board meeting, and formal programme reviews are held every three months involving all programme team members.

The Foundation receives grants from European, Central and Local UK Government; however, its independence is paramount, and it ensures that any 'grant funding' relationship does not compromise its independence.

Communications

Although the Foundation increased its media and new media presence, with the appointment of a Marketing Manager, a new website, Twitter feed(s), LinkedIn and Facebook pages and numerous other social media activity, there was no significant upturn in business activity or income. This post was terminated in September 2024.

Strategic partnerships

The Foundation, whilst being independent, holds regular dialogue with Government to understand direction and influence policy. The Foundation is a recognised 'Prevent' service provider under framework and grant agreements.

The Foundation maintains relationships with the UK's Home Office and the Northern Ireland Office, the Irish Government's Department of Foreign Affairs as well as Police and Crime Commissioners. Politically, the Foundation is nonaligned and has worked with successive UK Governments since its formation in 1995. We remain independent and engage with members and representatives of all political parties.

Data Capture, Retention and Use

A data management system is in use 'Monday' (CRM) as well as other online tools. Files are stored securely, either in the cloud using Office 365 software, or on a shared drive with folders structured to give user specific password-protected access. The Foundation is registered with the Information Commissioner's Office and is compliant with the requirements of the General Data Protection Regulations.

Related parties

The objective of the charity's wholly owned subsidiary, the Tim Parry Johnathan Ball Peace Centre Ltd. is to generate income from room hires in the building.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

03042409 (England and Wales)

Registered Charity number

1048990

Registered office

45 South Mossley Hill Road Liverpool Merseyside L19 3PY

Page 4

Tim Parry Johnathan Ball Foundation Ltd

Report of the Trustees for the year ended 31 March 2025

Trustees

C Parry JP OBE (appointed 1.4.25) W Parry OBE (resigned 21.1.25) K A Daly G D Jenkins (resigned 21.1.25) G T Boldsworth N J Baseley S Frediani J E C McRedmond A Smith A Bacon J M Littler P M Tremain (resigned 17.10.24)

Independent Examiner

Michael Donnan & Co Limited Oaktree Court Business Centre Mill Lane Ness Cheshire CH64 8TP

Solicitors

Steels Solicitors 17 Bold Street Warrington WA1 1DH

Barclays Bank

Golden Square The Mall Warrington WA1 1QE

CEO

C Parry resigned from his role as Chief Executive Officer on 31 March 2025 and was appointed as a director and trustee on 1 April 2025.

EVENTS SINCE THE END OF THE YEAR

Information relating to events since the end of the year is given in the notes to the financial statements.

Approved by order of the board of trustees on 23.12.a6— and signed on its behalf by:

C Parry JP OBE - Trustee

Page 5

Independent Examiner's Report to the Trustees of Tim Parry Johnathan Ball Foundation Ltd

Independent examiner's report to the trustees of Tim Parry Johnathan Ball Foundation Ltd ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Michael Donnan

Michael Donnan & Co Limited Oaktree Court Business Centre Mill Lane Ness Cheshire CH64 8TP Date:

Page 6

Tim Parry Johnathan Ball Foundation Ltd

Statement of Financial Activities (Incorporating an Income and Expenditure Account) for the year ended 31 March 2025

Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
3
13,227
Charitable activities
5
Charitable activities
-
Investment income
4
29,169
Total
42,396
EXPENDITURE ON
Raising funds
Other trading activities
6
7,246
7,246
Charitable activities
7
Charitable activities
289,115
Total
296,361
NET INCOME/(EXPENDITURE)
(253,965)
Transfers between funds
18
9,714
Net movement in funds
(244,251)
RECONCILIATION OF FUNDS
Total funds brought forward
877,786
TOTAL FUNDS CARRIED FORWARD
633,535		 Restricted
funds
£
-
234,603
-
234,603
-
-
233,265
233,265
1,338
(9,714)
(8,376)
10,242
1,866		 2025
Total
funds
£
13,227
234,603
29,169
276,999
7,246
7,246
522,380
529,626
(252,627)
-
(252,627)
888,028
635,401		 2024
Total
funds
£
29,298
231,721
43,478
304,497
7,602
7,602
545,087
552,689
(248,192)
-
(248,192)
1,136,220
888,028

The notes form part of these financial statements

Page 7

Tim Parry Johnathan Ball Foundation Ltd

Balance Sheet 31 March 2025

Unrestricted
funds
Notes
£
FIXED ASSETS
Intangible assets
13
5,104
Tangible assets
14
603,006
Investments
15
5
608,115
CURRENT ASSETS
Debtors
16
7,675
Cash at bank
116,838
124,513
CREDITORS
Amounts falling due within one year
17
(99,093)
NET CURRENT ASSETS
25,420
TOTAL ASSETS LESS CURRENT LIABILITIES
633,535
NET ASSETS
633,535
FUNDS
18
Unrestricted funds
Restricted funds
TOTAL FUNDS		 Restricted
funds
£
-
-
-
-
3,620
279
3,899
(2,033)
1,866
1,866
1,866		 2025
Total
funds
£
5,104
603,006
5
608,115
11,295
117,117
128,412
(101,126)
27,286
635,401
635,401
633,535
1,866
635,401		 2024
Total
funds
£
6,598
603,246
5
609,849
37,905
397,798
435,703
(157,524)
278,179
888,028
888,028
877,786
10,242
888,028

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

The notes form part of these financial statements

continued...

Page 8

Tim Parry Johnathan Ball Foundation Ltd

Balance Sheet - continued 31 March 2025

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on and were signed on its behalf by:

.............................................

C Parry JP OBE - Trustee

The notes form part of these financial statements

Page 9

Tim Parry Johnathan Ball Foundation Ltd

Cash Flow Statement for the year ended 31 March 2025

Notes
Cash flows from operating activities
Cash generated from operations
1
Interest paid
Net cash used in operating activities
Cash flows from investing activities
Purchase of intangible fixed assets
Purchase of tangible fixed assets
Sale of tangible fixed assets
Interest received
Dividends received
Net cash provided by/(used in) investing activities
Change in cash and cash equivalents in the
reporting period
Cash and cash equivalents at the beginning of
the reporting period
Cash and cash equivalents at the end of the
reporting period		 2025
£
(308,676)
-
(308,676)
-
(1,226)
52
4,495
24,674
27,995
(280,681)
397,798
117,117		 2024
£
(243,901)
(247)
(244,148)
(7,470)
(51,473)
651
5,714
29,764
(22,814)
(266,962)
664,760
397,798

The notes form part of these financial statements

Page 10

Tim Parry Johnathan Ball Foundation Ltd

Notes to the Cash Flow Statement for the year ended 31 March 2025

1. RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES
2025 2024
£ £
Net expenditure for the reporting period (as per the Statement of Financial
Activities) (252,627) (248,192)
Adjustments for:
Depreciation charges 2,141 1,337
Loss/(profit) on disposal of fixed assets 767 (44)
Interest received (4,495) (5,714)
Interest paid - 247
Dividends received (24,674) (29,764)
Decrease/(increase) in debtors 26,610 (6,933)
(Decrease)/increase in creditors (56,398) 45,162
Net cash used in operations (308,676) (243,901)
2. ANALYSIS OF CHANGES IN NET FUNDS
Net cash At 1.4.24
£		 Cash flow
At 31.3.25
£
£
Cash at bank 397,798 (280,681) 117,117
397,798 (280,681) 117,117
Total 397,798 (280,681) 117,117

The notes form part of these financial statements

Page 11

Tim Parry Johnathan Ball Foundation Ltd

Notes to the Financial Statements for the year ended 31 March 2025

1. STATUTORY INFORMATION

The Tim Parry Johnathan Ball Foundation Ltd is a private company, limited by guarantee, registered in England and Wales. The company's registered number, registered charity number and registered office can be found in the Reference and Administrative Details section of the Report of the Trustees.

The presentation currency of the financial statements is Pounds Sterling (£) and transactions are rounded to the nearest £.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The Tim Parry Johnathan Ball Foundation Ltd meets the definition of a public benefit entity under FRS102.

The financial statements contain information about Tim Parry Johnathan Ball Foundation Ltd as an individual charity and do not contain consolidated financial information as the parent of a group. The charity is exempt under Section 399(2A) of the Companies Act 2006, and appendix 3 of the Charities SORP (FRS 102) from the requirement to prepare consolidated financial statements.

Going concern

The charity meets its day-to-day working capital requirements through its cash resources. The charity reached an agreement to sell the Peace Centre building to Warrington Borough Council. The sale was legally completed on 28 April 2025. The current economic conditions in the Country and across the charity sector continue to create uncertainty over the level of funding available for the charity's programmes, particularly from central government.

The Trustees have prepared forecast and projections to September 2026, which show that the charity should be able to operate within the level of its cash resources following the proceeds of sale from the Peace Centre. The projections show that the charitable company should have adequate resources to meet its financial obligations for at least 12 months from the date of signing the financial statements. The charity therefore continues to adopt the going concern basis in preparing its financial statements.

Critical accounting judgements and estimation uncertainty

Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

a. Key accounting estimates and assumptions

The charity makes estimates and assumptions concerning the future. The resulting accounting estimates will, by definition, seldom equal the related actual results. The estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts assets and liabilities within the next financial year are addressed below

i. Recoverable amount of freehold property

Annually, the charity considers whether fixed assets are impaired, specifically the freehold property. Where an indication of impairment is identified the estimation of the recoverable value requires estimation of the recoverable value of the property. This requires estimation of the future cash flows from the sales of the building.The trustees can foresee no reasonably possible scenario which would see the recoverable amount to be lower than the higher of fair value less costs to sell and value in use.

In the year to 31 March 2023 the carrying value of the freehold property was impaired to its recoverable amount, calculated by reference to the fair value less costs to sell.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. All income is derived from ordinary activities and stated after trade discounts, any sales taxes.

continued...

Page 12

Tim Parry Johnathan Ball Foundation Ltd

Notes to the Financial Statements - continued

for the year ended 31 March 2025

2. ACCOUNTING POLICIES - continued

Income

Goods and services donated to the charity are recognised as both income and expenditure in the Statement of Financial Activities at their estimated market value.

Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.When there are specific performance conditions which have not been satisfied, the income is deferred.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Intangible fixed assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over its estimated useful life of 5 years.

Tangible fixed assets

Tangible fixed assets are stated at cost less accumulated depreciation. Cost includes the original purchase price of the asset and the costs attributable to bringing the asset to its working condition for its intended use.

Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

Freehold property - 2% on cost Fixtures and fittings - 25% on reducing balance Computer equipment - 33% on cost Land is not depreciated.

At the year-end, the charity assesses whether there is an indication that the tangible fixed assets may be impaired. If there is an indication that an asset is impaired, then it’s recoverable amount is estimated, with an impairment loss recognised if the recoverable amount is less than its carrying amount. The recoverable amount is the higher of its fair value less costs to sell the asset and its value in use.

In view of the ongoing negotiations to sell the land and buildings, an impairment review was performed in the prior year and the carrying value reduced to its recoverable amount, calculated by reference to the fair value less costs to sell. Impairment losses are recognised as expenditure in the statement of financial activities and charged to the heading under which the asset is deployed.

Fixed asset investments

Investments held as fixed assets are stated at cost, together with subsequent capital contributions, less any provisions for impairment.

Investments are reviewed for impairment if events or changes in circumstances indicate that the carrying amount may not be recoverable. impairments are calculated such that the carrying value of the fixed asset investment is the lower of its cost or recoverable amount. Recoverable amount is the higher of its net realisable value and its value in use.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds (including both general and designated funds) can be used in accordance with the charitable objectives at the discretion of the trustees.

continued...

Page 13

Tim Parry Johnathan Ball Foundation Ltd

Notes to the Financial Statements - continued for the year ended 31 March 2025

2. ACCOUNTING POLICIES - continued

Fund accounting

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. The various restricted funds disclosed in these financial statements relate to the different strands of work which the charity undertakes.

The transfers between funds represent reallocation of general fund expenditure undertaken on behalf of restricted fund activities.

Fixed Assets, including any movements in the year, have been disclosed separately by means of the Designated fund.

Management and administration expenditure

Staff costs and overheads are allocated to activities on the basis of project budgets.

Cash and cash equivalents

Cash and cash equivalents includes cash in hand and cash held with banks.

Short term debtors and creditors

Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

3. DONATIONS AND LEGACIES

Donations
Donated services and facilities
Donated goods and services represents donations of accountancy and insurance services.
INVESTMENT INCOME
Rents received
Shares in group undertakings
Deposit account interest		 2025
£
13,227
-
13,227
2025
£
-
24,674
4,495
29,169		 2024
£
22,319
6,979
29,298
2024
£
8,000
29,764
5,714
43,478

4. INVESTMENT INCOME

All investment income is UK income.

continued...

Page 14

Tim Parry Johnathan Ball Foundation Ltd

Notes to the Financial Statements - continued for the year ended 31 March 2025

5. INCOME FROM CHARITABLE ACTIVITIES

2025 2024
Activity £ £
Grants Charitable activities 234,603 231,721

Discontinued operations

During the year ended 31 March 2025, the Board decided to close the charity in its current form. The Foundation's main activity of a grant seeking organisation ceased, and the Board intends to adopt a new operating model as a grant-making organisation, funded from its share of the net proceeds from the sale of the Foundation's building.

6. OTHER TRADING ACTIVITIES

Purchases
Bad debts
Computer costs
Interest payable and similar charges
7.
CHARITABLE ACTIVITIES COSTS
Charitable activities
8.
SUPPORT COSTS
Charitable activities
9.
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
Auditors' remuneration
Depreciation - owned assets
(Deficit)/surplus on disposal of fixed assets
Development costs amortisation
Independent examiners fee		 2025
£
703
934
5,609
-
7,246
Support
Direct
costs (see
Costs
note 8)
£
£
520,053
2,327
Governance
Finance
costs
£
£
227
2,100
2025
£
-
647
767
1,494
2,100		 2024
£
517
-
6,838
247
7,602
Totals
£
522,380
Totals
£
2,327
2024
£
4,000
464
(44)
872
-

continued...

Page 15

Tim Parry Johnathan Ball Foundation Ltd

Notes to the Financial Statements - continued

for the year ended 31 March 2025

10. TRUSTEES' REMUNERATION AND BENEFITS

Mrs W Parry, who is a trustee of the charity, received remuneration from the charity of £51,823 (2024: £35,750) as an employee as authorised by the Charity Commission, which includes a redundancy payment of £21,000.

Trustees' expenses

The trustees of the charity were reimbursed £Nil (2024: £Nil) for travel costs incurred in the year as part of their work for the charity.

11. STAFF COSTS

The average number of employees is as follows:

Description 2025 2024
No. No.
Fundraising - 1
Programme delivery 4 4
Unrestricted 4 5
Total 8 10
Staff costs after reimbursements from the trading subsidiary:
2025 2024
£ £
Gross wages 345,613 351,547
Social security costs 26,438 31,784
Pension costs 6,052 7,242

There were no employees earning a salary in excess of £60,000 in either year.

During the year, the charity incurred redundancy costs of £60,510 (2024: £nil) relating to a restructuring exercise. This included payments to 10 individuals. No ex gratia payments were made.Remuneration for key management personnel totalled £42,717 (2024: £50,750), which includes a redundancy payment of £3,150.

12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted
funds
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
29,298
Charitable activities
Charitable activities
-
Investment income
43,478
Total
72,776
EXPENDITURE ON
Raising funds
Other trading activities
7,602
7,602
Charitable activities
Charitable activities
306,502		 Restricted
funds
£
-
231,721
-
231,721
-
-
238,585		 Total
funds
£
29,298
231,721
43,478
304,497
7,602
7,602
545,087

continued...

Page 16

Tim Parry Johnathan Ball Foundation Ltd

Notes to the Financial Statements - continued

for the year ended 31 March 2025

12.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted
funds
£
Total
314,104
NET INCOME/(EXPENDITURE)
(241,328)
Transfers between funds
(13,779)
Net movement in funds
(255,107)
RECONCILIATION OF FUNDS
Total funds brought forward
1,132,893
TOTAL FUNDS CARRIED FORWARD
877,786
13.
INTANGIBLE FIXED ASSETS
COST
At 1 April 2024 and 31 March 2025
AMORTISATION
At 1 April 2024
Charge for year
At 31 March 2025
NET BOOK VALUE
At 31 March 2025
At 31 March 2024		 Restricted
Total
funds
funds
£
£
238,585
552,689
(6,864)
(248,192)
13,779
-
6,915
(248,192)
3,327
1,136,220
10,242
888,028
Development
costs
£
7,470
872
1,494
2,366
5,104
6,598

continued...

Page 17

Tim Parry Johnathan Ball Foundation Ltd

Notes to the Financial Statements - continued for the year ended 31 March 2025

14. TANGIBLE FIXED ASSETS

COST
At 1 April 2024
Additions
Disposals
At 31 March 2025
DEPRECIATION
At 1 April 2024
Charge for year
Eliminated on disposal
At 31 March 2025
NET BOOK VALUE
At 31 March 2025
At 31 March 2024		 Freehold
property
£
2,002,229
-
-
2,002,229
1,399,882
-
-
1,399,882
602,347
602,347		 Fixtures
and
fittings
£
72,196
-
-
72,196
72,092
26
-
72,118
78
104		 Computer
equipment
£
11,041
1,226
(11,425)
842
10,246
621
(10,606)
261
581
795		 Totals
£
2,085,466
1,226
(11,425)
2,075,267
1,482,220
647
(10,606)
1,472,261
603,006
603,246

The Freehold property is jointly owned by the Tim Parry Johnathan Ball Foundation and the NSPCC. The total cost of the land & building is £3,481,830. Included in the total cost of the land & buildings was a gift in kind of £500,000 of the land to the charity.

15. FIXED ASSET INVESTMENTS

FIXED ASSET INVESTMENTS
COST LESS IMPAIRMENT
At 1 April 2024 and 31 March 2025		 Unlisted
investments
£
5
NET BOOK VALUE
At 31 March 2025		 5
At 31 March 2024 5

There were no investment assets outside the UK.

The company's investments at the balance sheet date in the share capital of companies include the following:

Tim Parry Johnathan Ball Peace Centre Limited:

Nature of business: Fundraising and Room Hire

Class of share: %
holding
Ordinary 100
Aggregate capital and reserves 2025
2024
£
£
5
5
Profit(Loss) for the year 24,674
29,764

continued...

Page 18

Tim Parry Johnathan Ball Foundation Ltd

Notes to the Financial Statements - continued for the year ended 31 March 2025

16. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Trade debtors
Amounts owed by group undertakings
Other debtors
Prepayments and accrued income
17.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Social security and other taxes
Accrued expenses and deferred income		 2025
£
4,726
4,456
163
1,950
11,295
2025
£
-
7,241
93,885
101,126		 2024
£
4,998
12,479
-
20,428
37,905
2024
£
23,167
9,536
124,821
157,524

Deferred income includes amounts received prior to the year end to be utilised in future projects, and where the terms and conditions had not been entirely satisfied at year end. An analysis of this can be found below:

Amounts relating to future projects
Total deferred income
18.
MOVEMENT IN FUNDS
Net
movement
At 1.4.24
in funds
£
£
Unrestricted funds
General fund
877,786
(253,965)
Restricted funds
Other Projects - Prevention
8,642
1,338
Resolve
1,600
-
10,242
1,338
TOTAL FUNDS
888,028
(252,627)		 2025 2024
£ £
- 85,943
- 85,943
Transfers
between
funds
£
9,714
(8,114)
(1,600)
(9,714)
-		 At 31.3.25
£
633,535
1,866
-
1,866
635,401

continued...

Page 19

Tim Parry Johnathan Ball Foundation Ltd

Notes to the Financial Statements - continued for the year ended 31 March 2025

18. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Other Projects - Prevention
Department of Foreign Affairs Reconciliation
Fund
Resolve
Home Office Victims of Terrorism Unit
Players of People's Postcode Lottery
TOTAL FUNDS
Comparatives for movement in funds
Unrestricted funds
General fund
Designated funds
Restricted funds
Other Projects - Prevention
Resolve
TOTAL FUNDS		 At 1.4.23
£
581,425
551,468
1,132,893
1,402
1,925
3,327
1,136,220		 Incoming
resources
£
42,396
45,957
12,045
1,600
125,001
50,000
234,603
276,999
Net
movement
in funds
£
(241,328)
-
(241,328)
(6,714)
(150)
(6,864)
(248,192)		 Resources
expended
£
(296,361)
(44,619)
(12,045)
(1,600)
(125,001)
(50,000)
(233,265)
(529,626)
Transfers
between
funds
£
(64,658)
50,879
(13,779)
13,954
(175)
13,779
-		 Movement
in funds
£
(253,965)
1,338
-
-
-
-
1,338
(252,627)
At 31.3.24
£
275,439
602,347
877,786
8,642
1,600
10,242
888,028

continued...

Page 20

Tim Parry Johnathan Ball Foundation Ltd

Notes to the Financial Statements - continued for the year ended 31 March 2025

18. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 72,776 (314,104) (241,328)
Restricted funds
Other Projects - Prevention 64,246 (70,960) (6,714)
Department of Foreign Affairs Reconciliation
Fund 40,126 (40,126) -
Resolve 2,350 (2,500) (150)
Home Office Victims of Terrorism Unit 124,999 (124,999) -
231,721 (238,585) (6,864)
TOTAL FUNDS 304,497 (552,689) (248,192)

A current year 12 months and prior year 12 months combined position is as follows:

Net
movement
At 1.4.23
in funds
£
£
Unrestricted funds
General fund
581,425
(495,293)
Designated funds
551,468
-
1,132,893
(495,293)
Restricted funds
Other Projects - Prevention
1,402
(5,376)
Resolve
1,925
(150)
3,327
(5,526)
TOTAL FUNDS
1,136,220
(500,819)		 Transfers
between
funds
At 31.3.25
£
£
(54,944)
31,188
50,879
602,347
(4,065)
633,535
5,840
1,866
(1,775)
-
4,065
1,866
-
635,401

continued...

Page 21

Tim Parry Johnathan Ball Foundation Ltd

Notes to the Financial Statements - continued for the year ended 31 March 2025

18. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 115,172 (610,465) (495,293)
Restricted funds
Other Projects - Prevention 110,203 (115,579) (5,376)
Department of Foreign Affairs Reconciliation
Fund 52,171 (52,171) -
Resolve 3,950 (4,100) (150)
Home Office Victims of Terrorism Unit 250,000 (250,000) -
Players of People's Postcode Lottery 50,000 (50,000) -
466,324 (471,850) (5,526)
TOTAL FUNDS 581,496 (1,082,315) (500,819)

There were transfers between unrestricted general and restricted funds in the year to match the funds to the funding documents and also to account for resources expended from the general fund in relation to restricted projects.

19. RELATED PARTY DISCLOSURES

The charity holds an investment in a wholly owned subsidiary, The Tim Parry Johnathan Ball Peace Centre Limited. At the balance sheet date within debtors was a balance owed to the charity of £4,457 (2024: £12,479).

During the year the charity received rental income totalling £Nil (2024: £8,000) from a company that G T Boldsworth (a trustee) is also a director of.

20. POST BALANCE SHEET EVENTS

As reported in the Trustees' report, having ceased trading at the 31 March 2025, subsequent to the year end the charity disposed of its interest in the freehold property known as the Peace Centre.

Page 22

Tim Parry Johnathan Ball Foundation Ltd

Detailed Statement of Financial Activities for the year ended 31 March 2025

INCOME AND ENDOWMENTS
Donations and legacies
Donations
Donated services and facilities
Investment income
Rents received
Shares in group undertakings
Deposit account interest
Charitable activities
Grants
Total incoming resources
EXPENDITURE
Other trading activities
Purchases
Bad debts
Computer costs
Bank interest & charges
Charitable activities
Wages
Insurance
Telephone
Postage and stationery
Sundries
Core costs
Travel
Residential and catering costs
Marketing
Resources and venue hire
Accountancy
External facilitator and other professional fees
Training
Development costs
Fixtures and fittings
Computer equipment
Loss on sale of tangible fixed assets		 2025
£
13,227
-
13,227
-
24,674
4,495
29,169
234,603
276,999
703
934
5,609
-
7,246
378,103
2,977
8,940
1,276
1,448
60,991
10,966
3,104
3,590
1,280
27,224
17,246
-
1,494
26
621
767
520,053		 2024
£
22,319
6,979
29,298
8,000
29,764
5,714
43,478
231,721
304,497
517
-
6,838
247
7,602
390,572
2,979
3,798
2,183
4,059
67,691
24,319
1,320
1,500
2,300
19,144
19,071
858
872
237
228
(44)
541,087

This page does not form part of the statutory financial statements

Page 23

Tim Parry Johnathan Ball Foundation Ltd

Detailed Statement of Financial Activities for the year ended 31 March 2025

Support costs
Finance
Bank charges
Governance costs
Auditors' remuneration
Independent examiners fee
Total resources expended
Net expenditure		 2025
£
227
-
2,100
2,100
529,626
(252,627)		 2024
£
-
4,000
-
4,000
552,689
(248,192)

This page does not form part of the statutory financial statements

Page 24