**2021 Annual Report** Helping young people to achieve their full potential. ## **Contents** |**Letter from the Chair**|2| |---|---| |**The Power of Youth**|4| |**Guiding Principles**|5| |**Impact Report 2021**|6| |**Entrepreneurship Training**|8| |**Employability Training**|10| |**Sustainability Pilot - Luton**|12| |**Intergenerational Dialogues**|14| |**Plans for 2022**|16| |**Financial Information**|17| |**Thank You**|18| ## **Letter from the Chair** On Saturday 30th October this year, Peace Child marked the 40th Anniversary of its premiere performance at London’s Royal Albert Hall. A late-comer said that stepping into the performance that night was like “stepping into a glass of champagne, fizzing with creativity, joy and positivity….” The original Peace Child show imagined a world in 2020, in which poverty and war were distant memories, the environment was on the mend, nuclear weapons were removed from the face of the earth, and human beings had learned to be kind to each other and to the natural world. Unfortunately, all these issues are still with us and we are a long way off such aspirations. Peace Child recognises that we have an important role to play in challenging young people to define the world that they want to see and in empowering them to gain the knowledge and skills needed to bring about change, at a personal, community and international level. In planning our activities we are always conscious of the UN Sustainable Development Goals (SDGs) and how our programmes work to this end. > To mark our 40th Anniversary, we featured a handful of the thousands of **Contents** people Peace Child has touched in its 40 years on our website home page and we started to think about what we might do differently as an organisation in order to thrive and to increase our impact over the next 40 years. **THANK YOU** to our trustees for all their the time, commitment and support over the last year. - Rory Copeland To that end, we have held a succession of online events to bring together young people and elders in inter-generational dialogues to discuss what they see as priorities for young people. Our youth employment and well-being programmes in West Africa and here in the UK continue to prosper and grow, and several new initiatives in global education were launched this year, despite the continuing constraints of the pandemic. The leadership of our CEO, Adriana Poglia, remains exemplary, supported by a new intake of young trustees who are shaping the future trajectory of our charity. We hope that you enjoy learning more about our work and the impact that we had in 2021 on the coming pages. We are forever grateful to the support of our funders, young volunteers and our dedicated team who have made all this possible. - Olivia Hutchinson - Hortense Julienne - Joanna Mobed - Rosey Simonds - Secretary - Vinod Tailor - Viji Underwood - Treasurer - • David Woollcombe - Chair David Woollcombe, Founder and Chair of Trustees Peace Child International **Page 03** ## **The Power of Youth** **Peace Child is a youth-driven educational charity. Our vision is a future where young people play a key role in society, empowered to claim their rights and take action on issues affecting their future.** We recognise that education is fundamental to empowering young people to take control of their futures and to bringing about long term change, which is why all our programmes have been developed to be inclusive and accessible to all. They are proven to build self-confidence and life long skills such as communication, negotiation and teamwork which are vital for all aspects of life, especially employment. **Our mission** is to empower young people to achieve their full potential. Helping them gain the skills and self-confidence they need to bring about social, economic and environmental change. We do this through highly innovative and dynamic peer-to-peer training, mentoring and global education programmes which have been designed to empower young people to take control of their lives and their future. Peace Child continues to champion youth-led development in all we do and where possible we train young people to deliver our trainings to their peers, ensuring our work extends far beyond our programmes to create a catalyst for change for years to come. Our theory of change requires that young people first inform themselves in detail about the challenges they face, then take action to resolve them. **Page 04** ## **Guiding Principles** **Peace Child’s programmes have been proven to be highly effective, improving young people’s earning potential and transforming their lives forever. We know that when given the right skills, tools and knowledge young people will thrive. Therefore, with every programme we undertake and every pound spent, we follow these core guiding principles:** ## **1. Youth-Driven:** We value the ideas, voices and goals of young people. We actively engage with and listen to young people from around the world. This informs our strategy and helps us to develop effective programmes, youth solutions and advocacy. Whenever possible, we seek to co-manage projects, ensuring young people feel ownership of the projects on which they are engaged. ## **2. Sustainability:** This drives all our work. We don’t do anything unless we are convinced that it is sustainable. ## **3. Innovation:** We seek improvement and innovation in all our work. ## **4. Collaboration** : We work in partnership at all levels, from engaging with some of the most powerful international organisations, to small grassroots organisations and individuals from all around the world. ## **5. UN Sustainable Development Goals** : Our programmes support the achievement of the Sustainable Development Goals; specifically, Goal 1 (No Poverty), Goal 4 (Ensure inclusive and equitable quality education and promote lifelong learning), Goal 8 (Decent Work and Economic Growth) and Goal 13 (Climate Action). **Page 05** ## **Impact Report 2021** In the last two years alone, Peace Child has supported over 8,000 socially and economically disadvantaged young people to create long term change in their own lives and within their community. Peace Child is a small charity, which makes a huge impact, maximising the social return on every penny invested. We recognise that education is the key to improving self-confidence and resilience. For the past 40 years, Peace Child has been working with young people around the world to develop innovative and highly-effective programmes, which make young people believe in themselves and empower them to build the knowledge and skills that they need to address the most pressing challenges. All of our programmes are about young people taking control of their lives and their future. Our Programmes cover in two key areas: ## **1) Training and mentorship:** - **Entrepreneurship:** an innovative, image-based training developed to empower disadvantaged young women living in Kenema, Sierra Leone to build sustainable livelihoods. Ensuring that they have the skills and connections needed to recognise new opportunities and to adapt their businesses to the changing environment for years to come. - **Employability:** a peer-to-peer training programme encouraging students in areas of high deprivation across the UK to take responsibility for building their employability skills before leaving school and helping them to identify potential career paths. ## **2) Global Education** : - **School sustainability workshops:** educating young people in the UK about the UN SDGs, what they mean and how their achievement would lead to a better and more sustainable future for all. Young people then develop local solutions-based projects to help achieve those goals. - **Intergenerational dialogues:** connecting young people with experts and activists of all ages to discuss common concerns that affect young people at a global and community level. **Page 06** ## **Training and Mentorship** ## **Entrepreneurship – Sierra Leone** 2021 saw the continuation of our image-based business training programme which empowers disadvantaged young women to build a sustainable business. Being image-based, and tailored specially for those with little or no formal education, our project fills a gap in existing provision. It is unique and provides an example of bestpractice in how to transform the lives of some of the world’s most marginalised. **This year we trained 1,138 disadvantaged young women in Kenema, Sierra Leone. 86% of these women could not read or write and had never been to school. Only 13% had completed primary school, and 1% had completed secondary school. As a consequence, we indirectly supported over 5,500 vulnerable people.** 2021 gave us an opportunity to redefine and further develop our savings group methodology which has proven to be highly successful, helping women to deepen their financial understanding and hold leaders to account. As with previous years, our overall objective was to help young women in the region to increase their earning potential through a better understanding of business management and finance, but the impact of these trainings goes far beyond increase in income. We found improvements in participants’ increased access to finance, ability to save more money, confidence, community engagement and evidence of reduced domestic violence and increased decision-making power. These changes will have a significant impact on the young women and their families for years to come, ensuring the long-term sustainability of this project. **Page 8** ## **Impact – Sierra Leone** Isatu, 32, has never had the opportunity to go to school and is not able to read or write. She runs a business selling cooked food. In the past she was discouraged from running a business, as she had always lost money. She has a husband who is a farm hand and five children. Isatu credits the BTCA training as being transformational for her business and as a result her family. She is very proud to say she is now the head of the household. She told us: **“The training really helped me to understand how to finance my business, to ensure that I can make a living from my business, I now understand that you need to base your business on the amount of money that you have available to you, as otherwise your business will not be sustainable”.** Since completing the training Isatu has seen her business turnover increase from 8,000 SLL (£0.66) to 60,000 SLL per day (£5.00). This increase has been transformative. She told us: **“Not only have I been able to repay the money I owed, in fact now I can provide for my family and now even give my husband loans to buy materials he needs to farm”.** Finally, she also credits the creation of savings groups which were established through the project, as supporting her for the first time in her life to save money: **I try to split my profits in half and give half to my savings group and then the other half I use to support my children. The savings group has given me peace of mind. I know now that in case of any emergencies in my life or business, I can access my savings to support me through it.** ## **Pre Training** - Average income pre training 15,000 SLL per day (£1.25 per day) - 88% reported that few of their customers buy on a regular basis from them - 63% very unconfident and 30% unconfident that they have the skills to start and run a successful business - 60% of participants not a member of a savings group - 85% of those that are members of a savings group are very unconfident in the management of their group ## **Training End** - Average income increased to 88,000 SLL per day (£7.33) - 77% expanded their business, adding at least one new product - 98% report that most of their customers now buy from them regularly - 100% now have more customers than before the training started - 77% are very confident and 22% are confident they have the skills to start and run a successful business - Over 30 entrepreneurship networks established - 90% of participants now belong to saving group - 18% are very confident and 73% are confident in the management of their savings group **Page 9** ## **Training and Mentorship** **----- Start of picture text -----**
Employability Training - UK
Due to the effects of Covid-19, we pivoted and re-developed our employability
trainings into an online mentorship programme. We are extremely proud of the
outcomes and, in 2021, Peace Child successfully tested, delivered, and validated
the digital employability trainings.
Young people, particularly those from disadvantaged backgrounds, already face
significant challenges when they leave full-time education. With an increasingly
challenging jobs market for young people, particularly post-pandemic, securing
a job will become even harder. Our tailored employability training programme
addresses this challenge. Working with experienced, highly-trained facilitators,
Peace Child supports young students to gain the skills, confidence and tools that
they need to become employable, and empowers them to take responsibility
for building up their skills before leaving school, thereby easing the school-to-
work transition.
Overall, we were able to work with 209 young people in East London,
Cambridge and Berkshire.
The new training uses a combination of Zoom and an interactive online
presentation software MentiMetor to ensure that our project is able to engage,
communicate, with and receive live feedback from participants during the
session. The training delivery method varied from school to school, but all
students completed the six training sessions: (1) Know yourself, (2)
Communication, (3) Decision making, (4) Inspiration, passion, and values, (5)
Pathways / Career choices and (6) CV & Personal Statement .
Page 10
**----- End of picture text -----**
## Impact – UK We provide space and freedom to enable young people to discuss, think and self-analyse. Below is just one young person's journey through our project, which highlights the value of our approach: The young person in question was neither confident nor attentive at school and stated that they felt rather demotivated, because they saw little value in what they were learning and how it would translate into a job or career that they care about. Whilst going through the project they were able to identify that they had a passion for Formula One racing. As a result of this, they realised that through studying mechanics at school, attending races in their spare time, and looking at a part-time/Saturday job at the local rally park, they could possibly one day get a job that involved cars. We spoke about the importance of saving their pocket money so that they could be able to complete driving lessons; a vital skill to learn, if they are to have a future career in the car industry. In line with our project's impact, we saw this person's confidence and skills increase when they had identified a clear possible career pathway for themselves. They became motivated and focussed throughout the project and are now far more driven in their education because they see the reasons to be at school. Student: **“The lesson was engaging, and informative. I found out how to pursue my ideal job.”** Teacher: **“Absolutely fantastic- content very useful for students to help them think about their career choices and develop their CV/ personal statement skills.”** **“Excellent for children who feel uncomfortable about their feelings and future”** - 209 young people now have a road map to employment. - 209 young people gained vital skills that will enable them to have a brighter future. - 66% of those young people felt more aware of their personal strengths because of the project. - 92% of those young people felt that the training will be useful when applying for jobs. - 62% of those young people now felt they had a better understanding of possible career or future educational pathways. - 77% of those young people increased in confidence as a result of the project. **We are extremely proud of the outcomes and feedback that we have received and we are delighted to say that the Work the Change project was nominated for The Advice and Guidance Award at the Children and Young People Now Awards 2021. We believe that this highlights the incredible work that we are achieving.** **Page 11** ## **Global Education** ## **Sustainability Pilot - Luton** Research shows that before the pandemic, over a third of children in Luton were growing up in poverty. This project was designed to build confidence and empower young people to have a voice in their future and enabled them to develop vital transferable skills which will help them to overcome the challenges of sustainability and to help them realise their full potential. **The project was highly successful and created opportunities for hundreds of students from four schools (Denbigh High, Putteridge, Barnfield and Denbigh Primary), Youthscape and the Next Generation Youth Theatre to engage in activities which addressed the challenge of Sustainability – and Luton’s ambitious target to be Carbon Neutral by 2040.** Through Peace Child’s international network, Luton students were able to take part in workshops with young leaders from other countries to discuss different ideas for action, building on their experience and successes. They also learned about the UN’s Sustainable Development Goals and developed local solutions to the challenges that they had identified. They presented their ideas to a high level Panel of MPs, Council representatives and educators. Each member of the panel was effusive in their praise of the young people in Luton for taking positive action at a local level to realise the SDGs in their own lives in ways that directly impact their schools and communities. **Page 12** ## **Impact - Luton** - Pupils gained many new skills including creative thinking, presentation skills and business/financial management. Teaching staff told us: **“The project enabled the children to develop the link between their actions and their impact on a local and global level. They understood that they had a part to play in the fight against the climate crisis and what they will start doing from today onwards. The project empowered the children to take the lead in designing, implementing, and evaluating the impact of their own projects. They gained many skills through the project including presentation skills, team work, creative development, research, budgeting and financial management of their business concept. The children were very proud to be part of this project and as young leaders were acting as role models for others. Importantly, the hands-on approach and the real-life link made it more accessible to some of our children with behaviour and additional needs. Every child was able to be part of this”.** During the project teachers reported a marked improvement in the students’ engagement and in their self-confidence. One teacher told us: **“It was great to see the students working on a project they could relate to and they were so passionate about. A couple of the students at the school had very little confidence and rarely participated in school discussions before the project, due to English being a second language. The Peace Child Sustainability Project encouraged them to take ownership of the project. It was wonderful to see they had become so proud of the project they were able to confidently stand up and present to a number of strangers including 2 MPs, the High Sheriff of Bedfordshire and two of the biggest CEOs in Luton. They then went on to present to the entire year group which was a big achievement”.** - Pupils improved their confidence, as they were empowered to take responsibility. - Pupils improved their knowledge and understanding of world issues, such as the climate crisis. At the start of the project, most pupils were aware of the need to recycle but were not able to articulate the impact of plastic on the environment. By the end of the project, every pupil was able to come up with three things that they will change immediately to support the climate crisis, and every pupil identified people who they would discuss climate issues with, while also encouraging meaningful change. - Pupils were able to meet with local business leaders and to hear how businesses are making changes to address the climate crisis. - Pupils gained an understanding that their voice is important and that they do have the ability to make changes. **Page 13** ## **Global Education** ## **Inter-generational Dialogues** Following our successful October 2020 Online UN75th Anniversary Festival, Peace Child has piloted several innovative approaches to Global Education this year, including: ## **Model Citizens Assemblies:** Developed to empower young people to get informed about some of the largest challenges of their generation, opening dialogues with experts and giving them a platform to have their voices heard in the community. The youth-led assemblies take place in a single evening, online or in person, with high-profile jury members, are fully inclusive, and open to the whole community. During the year, we held three assemblies, reaching a combined audience of over 500 young people in 23 countries. Subjects included Nuclear Weapons and Climate Emergency. The agreements made were put to the Global Citizens Assembly funded by the UK and Scottish governments to run in parallel with the Glasgow Climate Summit (COP26). **Page 14** ## **Global Education** ## **Estonia Youth Conference** Young leaders from the Model Citizens Assembly were invited to take part in an Intergenerational Dialogue in Estonia. The dialogue was arranged in partnership with the Sillamäe Society for Child Welfare to discuss the results of Peace Child’s UN’s 75th Anniversary Global Conversation and the Our Common Agenda initiative that the UN Secretary General produced from it. Peace Child agreed Guiding Principles for the UN Day programme which we hope to produce for UN Day 2022. This will answer a question put forward by several young delegates: “How bad is the State of our Planet?”. ## **COP26, Glasgow** With thanks to our UN consultative status, Peace Child were proud to take a delegation of young people to Glasgow COP26, exposing delegates to a fantastic exhibition of new approaches to sustainability, and inspirational discussions. ## **Climate Café** Post COP26, the young delegates who went to Glasgow were keen to share their learnings with local audiences. This resulted in us launching Climate Cafés, which followed the Conversation Café / Round Table format that Peace Child pioneered at its World Youth Conferences. Cafés were held in Buntingford and Luton. We hosted two cafés reaching a total of 120 people. **Page 15** ## **Plans for 2022** As part of our 40[th] year we have been reflecting on some of our biggest achievements and drawing learnings from the success of past programmes. In 2022, we will continue to focus on building leading, youth-driven educational programmes, which support young people – especially, those who are socially and economically disadvantaged - to build vital skills, knowledge, and self-confidence. Thereby empowering them to have a say in their future and to bring about long-term change. ## **Educational Training Programmes** - We will continue to build and develop our flagship entrepreneurship and employability training courses in UK and West Africa. We will strengthen those courses and ensure that they continue to transform young lives. - We will help young people to build vital skills and access opportunities, which will ensure that they are able to realise their full potential and provide examples of best-practice in the sector. - In West Africa, we hope to expand our project to support illiterate young women living in and around the Gola rainforest; helping them to build a viable business and build awareness of alternative income generation activities, which will not encroach on the rainforests natural reserves. - A Youth Forum is planned, involving High School students from eight Luton Schools, who will present their ideas on how to bring the UN’s Sustainable Development Goals to life in their town. Thereby, building the knowledge and confidence needed to bring about long term change. ## **Global Education** - UN Day State of the Planet Programme will be launched. - By creating a youth-hosted, public-facing programme every year on UN Day (October 24[th] ), Peace Child will empower young people to learn about the challenges that we face and to recognise what needs to be done to secure a sustainable future. This will be updated every year, with emphasis on all of the positive steps that have been taken by individuals, corporations, and governments. **Green Job Creation** We have identified a gap in provision of job creation trainings that prepares youth for Green Jobs in the fast-emerging Green Economies. Peace Child is looking to build a consortium of partner organisations with years of experience in school-to-work transitions, enterprise creation, employability mentorship etc. to develop a new programmatic offering that will deliver specific training for the new Green Job Market – something that the youth in our network are urging us to do. - Inter-generational Dialogues. The format of the youth and elders engaging in discussion to arrive at shared plans of action has a demonstrable track record. Consequently, in 2022, we shall look into new ways to build upon it and to inspire further action. ## **Page 16** ## **Financial Information** ||**2021**|**2020**| |---|---|---| |**Incoming Resources**||| |Donations|23,001|
17,087| |Project Income (Grants)|93,409|
127,388| |Investment Income|2|
69| |Covid19 - Furlough Claims|0|
3,782| |**Total Incoming Resources**|**116,412**|
**148,326**| |**Resources Expended**||| |Wages
Intern costs|42,263
0|
51,924

0| |Project costs
Travel & Subs|60,270
132|
74,019

336| |Management & Admin|13,884|
12,858| |Rent, Utilities & Supplies
Fundraising costs|420
3,200|
360

1,779| |Depreciation|0|
0| |**Total Resources Expended**|**120,169**|
**141,276**| |**Gain / (Loss) for the Year**|**(3,757)**|
**7,050**| |**Analysis of Resources Expended**||| |On Generating Funds|26,750|
13,860| |On Charitable Activities|93,419|
127,416| |**Total**|**120,169**|
**141,276**| |**Reconciliation of Reserves**||| |**Opening Reserves**|**25,368**|
**18,318**| |Gain / (Loss) for the Year|(3,757)|
7,050| |**Closing Reserves**|**21,611**|
**25,368**| These summarised accounts are extracted from the Independent Examiner’s Report on our FY 2021 accounts which was approved by the Trustees at their meeting on 2[nd] July 2022, and subsequently submitted to the Charity Commission and Companies House. The full accounts, together with the Independent Examiner’s Report prepared by Nilesh Savjani FCA, Wagstaffs Chartered Accountants, Stevenage, Hertfordshire, can be obtained from: Adriana Poglia, Executive Director, Peace Child International. • Email: adriana@peacechild.org • Telephone: +44 (0)1223 782092. Signed on behalf of the Trustees Viji Underwood **Page 17** ## **Thank You** A huge thank you to all the individuals, institutions, organisations, trusts and foundations that have supported us this year: - Casey Trust - Charity Aid Foundation - Englefield Trust - Grace Trust - Groundworks - Hilden Charitable Fund - Lloyds of London - Longmores Solicitors - Miss Lawrence Trust - Patrick Rowland Foundation ## **Safeguarding Statement** We believe that it is always unacceptable for a child or young person to experience abuse of any kind and we recognise our responsibility to safeguard the welfare of all children and young people, by a commitment to a practice that protects them. We recognise that: - The welfare of the child/young person is paramount, as enshrined in the - Child Act 1989. - All children, regardless of age, disability, gender, racial heritage, religious - belief, sexual orientation or identity, have the right to equal protection from all types of harm or abuse. - Some children are particularly vulnerable because of the impact of - previous experiences, their level of dependency, communication needs or other issues. - Working in partnership with children, young people, their parents, carers - and their agencies is essential to promoting young people’s welfare. - Robert Clutterbuck Charitable Trust - SOHCJ - Sovereign Housing - The H.O.B Trust Peace Child International has zero tolerance to bullying, harassment, abuse and any exploitation, sexual or otherwise. If you have any concerns please contact our designated Safeguarding Officer immediately: - Wixamtree Trust **And to our dedicated and hard-working partner AWISH Sierra Leone, for delivering our entrepreneurial training programme in Kenema to such a high standard.** Contact: Rosey Simonds Email: rosey@peacechild.org **UK registered charity (No. 1095189) Private Limited Company (No. 4472212).** REGISTERED COMPANY NUMBER: 04472212 (England and Wales) REGISTERED CHARITY NUMBER: 1095189 REPORT OF THE TRU5fEES AND UNAUDITED FINANaAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2021 PEACE CHILO INTERNATIONAi (A COMPANY LIMITED BY GUARANTEE) Wags LLP Va Wagstaffs Rlchmond House Walkern Road Stevenage Hertfordshire SGI 3QP PEACE CHILD INTERNATIONAL CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2021 Pa8e Reference and Admlnlstratlve Detslls Report of the Trustees Independent Examlner's Report Statsment of HNDdal Artl¥ltl•s Balance Sheet 6 to 7 Notes to the Flnan¢lal Statements 8 to 13 PEACE CHILD INTERNATIONAL REFERENCE AND ADMINISTRATIVE DEfAILS FOR THE YEAR ENDED 31ST DECEMBER 2021 TRusfEES D R Woollcombe V R Underwood ITreasurerl l H N8uepnan8 Ntepndle A G Wllliams Ireslgned 14111211 R Simonds (appointed 8121211 J Mobed lappointed 1015/211 V 8 Tailor lappointed 10151211 O Hut¢hlnson lappolnted 10151211 R J Copeland lappolnted 1015121) COMPANY SECRETARY R Slmonds REGISTERED OFFICE Richmond House Walkern Road Stevenage Hertfordshlre SGI 3QP REGISTERED COMPANY NUMBER 04472212 (England and Wale51 REGISTERED CHARITY NUMBER 1095189 IMOEPENDENT EXAMINER Wags LLP tla Wag$taffs Richmond House Walkern Road Stevena8e Hertfordshl SG13QP Page I **PEACE CHILD INTERNATIONAL** **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2021** 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 31st December 2021. The trustees have adopted the provisions of 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). ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** Peace Child's Mission is to empower young people to achieve their full potential. Helping them gain the skills and confidence they need to bring about social, economic and environmental change. Peace Child's Vision is a future where young people play an equal role in society, able to claim their rights and take action on issues affecting their future. ## **Public benefit** The trustees confirm that they have had regard for the Charity Commission guidance on public benefit and the activities carried out by the charity, as detailed within this report, have been undertaken to further the charity's purpose for the public benefit. ## **ACHIEVEMENT AND PERFORMANCE** ## **Charitable activities** Peace Child promotes youth participation by supporting young people to build their confidence and develop vital skills such as communication, negotiation and teamwork, all of which are essential in many aspects of their future, especially for employment. We do this through highly innovative and dynamic peer-to-peer training, mentoring and global education programmes which have been designed to empower young people to take control of their lives and their future. Our theory of change requires that young people first inform themselves in detail about the challenges they face, then take action to resolve them. In 2021 Peace Child focused on three core programmes: 1. Entrepreneurship Training (BTCA) - We empowered 1,138 illiterate young women in Sierra Leone to gain vital business skills and enable them to become financially independent. 2. Employability Training (WTC) - We empowered 208 young people in the UK to realise their full potential and gain the skills, confidence and tools they need to become employable. 3. Global Education (Sustainability) - We empowered 540 young people to build the skills and confidence needed to be able to take action to help achieve the UN Sustainable Development Goals and created an opportunity for them to engage in activities that helped them develop transferable skills. Empowering them to have a voice in their future. Page 2 PEACE CHILO INTERNATIONAL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2021 FINANCIAL REVIEW Flnanclal posltlon Total incoming resources for the year amoLtnted to £116.41212020: £148.3261. As * 31st December 2021. unrestricted funds amounted to £21.61112020: £25.3681. Reserves poll¢v The Trustees have examlned the requirements for free reserves which are those funds not invested In flxed assets, deslgnated for specific purposes otherwlse Committed. The trustees consider that. given the nature of work and our rellance on funds from Governmentsl. Non-Governmental and other charitsble organisation5, it is prudent to maintaln a level of general funds sufficient to: al enable all Projects to be brought up to date and financial report5 prepared for Funders bl meets its Statutory Obllgatlons to pay employees notice and redundancy periods cl meet operatlng costs for reporting requirements to Charity Commission and Companles House The Trustees undertake to make good any reserves shortfall arising. STRucfuRE, GoveRNANCE AND MANAGEMEPtr Go¥ernln8 document The charity Is controlled by its governing document. a deed of trusL and constitutes a Ilmtted ¢ompany> limited by guarantee, as defined bythe Companies Act 2006. knductlon and traInI￿ olnewtrustees The Charity has a pollcy and pro￿dure for induction and training of Trustee5. New trL¢Stees are inducted primarily by reference to the Charlty Commission welcome pack which focuses on the main dutles an(i responsibilitie5 of the role.This provldes essential Informatlon to hdp new trustees and includes topics such as goveman¢e basics and filln8 requirements.this may be supplemented with specific training depending on the Trustees role. Rlsk mana8ement The trustees have a duty to identify and review the rlsks to which the charity is exposed and to ensure appropriate controls are in place to provlde reasonable assurance against fraud and error. ACKNOWLEDGEMENTS The Trustee5 are 8rateful to all those who have contrlbuted in any way to the achievement of thls years, results. This report has been prepared in accordance with the special.provision5 of Part 15 of the Companies Act 2006 relatln8 to small companies. Approved by order of the board of trustees on.. Id and slgned on its behalf by- ¢)ollcombe- Trustee Page 3 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF PEACE CHILD INTERNATIONAL Independent examlner's rewt ts) the trustee$ of Peac• Chlld lrternational Company,) I report to the charity trustee5 on my examination of the accounts of the Company for the year ended 31st December 2021. Responsiblllties and bails of report As the charity's trustees of the Company land also its dirertors for the purposes of company lawl you are responsible for the preparatlon of the account5 In a¢cordance with the requirements of the Companies Art 20061'the 2￿6 Act'l. Havlng satlsfied myself that the accounts of the Company are not requlred to be audited under Part 16 of the 2006 Act and are ell8ible for independent examinatlon, I report In respett of my examlnatlon of your charlty's accounts as carried out under sectlon 145 of the Charities Art 20111'the 2011 Act'l. In carrying out my examination I have fdlowed the Directions given by the Charity Commission under 5ertlon 145151 Ibl of the 2011 Act. Independent examlneT'5 Statement I have completed my examination. I confirm that no matters have come to my attentlon in connectlon wlth the examlnatlon giving me cause to belleve: accounting records were not kept in respert of th¢ Company a5 requlred by sertlon 386 of the 2006 the accounts do not accord wlth those records,. or the accounts do not comply WFth the accounting requlrements of section 396 ot the 2006 Act other than any requirement that the accountg 8ive a true and fair view which is not a matter consldered &8 part of an independent examination,. or the accounts have not been prepared in accordance with the methods and principles of the ststement of Recommerbded Prartice for accounting and reportSn8 by Charities lappllcable to ¢harlties preparing their accounts in accordance wlth the Flnanclal Reportlng Standard applicable in the UK and Republic of Ireland IFRS 10211. I have no Concerns and have come across no other matters In ¢onnertlon with the examination to which attentlon should be drawn in this report in order to enable a proper uThderstanding of the accounts to be reached. N D Savlanl FCA Wags LLP tla Wagstaffs Rlchmond House Walkern Road Stevenage Hertfordshlre SGI 3QP Date.. ...,... 1A1I1112022.......... Page 4 PEACE CHILD IPIIERNATIONAL srATEMENT OF FINANCIAL AcfiviTIES {IIICORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31ST DECEMBER 2021 2021 Total funds 2020 Totsl funds Unre5tTicted Restricted fund fund Notes INCOME AND ENDOWMENTS FROM Donatlons and legacies 23AII I3.￿1 17,087 Charltable a¢tfvfties AIUL WASI BTCA 2021 BTCA 2020 C IUKI Sustsinabfjllty 3.510 3510 71,753 2,606 71.753 98,157 7,127 19.498 8.658 8.986 8￿58 502 Investment Income Other Income 69 3.782 Total 27,015 89.397 116,412 148.326 EXPENDtTURE ON Ralslng fvnds 26,750 26.750 13,860 Charltable attsvlties AZUL WASI BTCA 2021 BTCA 2020 CIUK Su5tainablllty 3￿20 3￿20 71,753 2,634 71.753 98,157 7,127 19,498 8.658 8.986 8,658 502 Total 30.772 89,397 120,169 141.276 NEf114COMVIEXPENDITURE) 13,757 13,757) 7,050 RECONCIUATION OF FUNDS Total fvnds brou8ht forward 25,368 25,368 18,318 TOTAL FUNDS CARRIED FORWARD 21.611 21.611 25,368 The notes form part of these flnanclal statements Page 5 PEACE CHILD INTERNATIONAL (REGISTERED NUMBER: 044722121 BALANCE SHEEr 31ST DECEMBER 2021 2021 Total fund5 2020 Total lunds Unrestrlrted Restricted fund fund Notes CURRENT A55Ers Debtors Cash at bank and in hand 616 24,798 616 71,919 609 120,794 47,121 25,414 47,121 72,535 121,403 CREDITORS Amounts fallln8 due wlthin one year io (3.8031 147.121) 150,9241 196,0351 NEf CURRENT ASSErs 21.611 21,611 25,368 TOTAL ASSEfs LESS CURRENT LIABILITIES 21.611 21,611 25.368 21,611 21,611 25.368 FUNDS Unrestrlcted funds li 21.611 25.368 TOTAL FUN05 21,611 25,368 The charitable company is entitled to exemptlon from audit under Sertlon 477 of the Companies Act 2006 for the year ended 31st December 2021. The members have not reqLtlred the cornpany to obtaln an audit of its financlal statements for the year ended 31st December 2021 in accordance wtth Section 476 of the Companles Act 2(Kl6. The trustees acknowledge thelr responslbilltle5 for (al ensurin8 that the charitable company keeps accountin8 records that comply with Sertlons 386 and 387 ofthe Companie5Art 2W6and p￿parIng flnancial statements whlch glve a trLbe and fair view of the state of affalrs of the charltable company as at the end of each financlal year and of Its 5urplu5 or deflclt for each financial year In accordance wlth the requirements of Sections 394 and 395 and which otherwise comply wlth the requlrements of the Companles Act 2006 relating to financial statements, 50 far as applicable to the tharltable company. Ibl The notes form part of these )inanclal statements Page 6 PEACE CHILD INTERNATIONAL {REGISTERED NUMBER.. 044722121 BALANCE SHEET- contlnuod 315r DECEMBER 2021 These financlal 5tstements have been prepared in accordance wrth the provislons appllcable to charitable Companies subject to the small companles regime. The financial ststements were approved by the Board of Trustees and aLtrthortsed for issue on Iq. 3&............. and were slgned on Its behalf by: oollcombe- Trustee V R Underw - Trustee The notes forni part of these flnanclal statements Page 7 PEACE CHILD INTERNATIONAL IIOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2021 5TATVTORY INFORMATION Peace Chlld International Is a company limited by guarantee and registered charity, both in England and Wales. The company and charity reglstration numbers, together wlth the ￿gIstered offlce address, can be found within the reference and admlnistrative details on page l. ACCOUNTING pouaES asls of preparlng the Ilnan¢l41 slatemeTrts The finan¢lal ststements of the charltable company. whlch 15 a public benefit entlty under FRS 102, have been prepared in ac¢ordance wlth the Charities SORP IFRS 1021 'Accounting and Reporting by Charitles: Statement of Recommended Prartice appll¢able to choritles preparing their accounts In accordance with the Financial Reportlng Standard appllcable in the UK and Republic of Ireland IFRS 1021 leffertive l January 20191,, Flnanclal Reportlng Standard 102 'The Flnancial Reporting Standard applicable In the UK and Republic of Ireland, and the Companles Act 2(K)6. The flnancial statements have been prepared under the historlcal cost ¢onventlon. Golnt ￿ncern The flnandal Statements have been prepared on a 80ing Con￿rn basls. lrtcome All income 15 recoBnised in the Statement of Financlal Actlvities once the charty has entitlement to the funds, it15 probable that the income wlll be recelved and the amount be measured reliablv. Expendttuie Liabillties are re¢ognlsed as expenditure as soon as there Is a legal or construrtive 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. Expendlture is accounted for on an attruals basis and has been classified under heading5 that a88regate all cost lated to the category. Where costs cannot be dire¢tly attrlbtsted to particular headln85 they have been allocated to activities on a basis consistent with the use of resources. Tax#tlon The charlty is exempt from corporation tsx on Its charltable actlvltles. Fund accounting Unrestricted funtjs can be used in accordan￿ with the charitable objectives at the discretlon of the trustees. Restricted fvnd5 can only be used for particular restrirted purposes withln the objects of the charlty. Restrlctions artse when specified by the donor or when funds are raised for pèrtiCLtlar restricted purposes. Further explanation of the nature and purpose of each fund Is Included In the notes to the financlal statements. ton8 terni projects Grant contrarts whlch involve WO￿ for a period of more than one year or extending over a year-end are t￿ated as long-term prole¢ts and accounted for on the percentage-completed basls. Pa8e 8 PEACE CHILD INTERNATIONAL NOTES TO THE FINANaAL STATEMENTS- ¢ontlnu•d FOR THE YEAR ENDED 31ST DECEMBER 2021 AccouNnNG POUCIES- ¢ontlnued long tenn proJe¢ts Grant contracts which are lon8-term projects usually stipulate a work perlod. deliverable and reportlng obllgations, ro-operation and co-funding obligations and phased payment terms. Some such contra¢ts also provlde for the client to have certaln rights of recovery which may extend several years beyond project completion. Grant income for such projects is recognised on percentage-completed basls to the extent that project time has elapsed and provided that the Charlty reasonably expects that it wlll recelve and retaln the corresponding income. Expenditure relatin8 to the pèrformance of grant work obligations Is matched to the corresponding Income wherever it is prarticable to do so. Since revenue Is recognised wtth reference to percentage elapsed time rather than percentage physical completion, In most cases expendlture suth as wa8e and salary expense Is correctly matched by expensing it In the accounting period in which it was Incurred. If a materfal timing dIfferen￿ occurs, expenditure may be deferred by recognislng a work-In-progres5 asset, or a provislon may be made In order to recognlse the expenditure consequences of recognised Income. Final settlements on grant ¢ontratts may OCCLtr in a later year than Completion of the work and may result in flnal Income above or below the recognition basis, for example as a result of currency variatlons. Additional Income arlsing from final settlements is rècognised as Income in the year In whlch It 15 received,- income shortfalls and recoveries by donors are expensed as costs of charitable activlties and any debtor items written off accordin8ty. also in the year of the relevant settlement. DONATIONS AND IEGACIES 2021 2020 Donatlons Glft aid 21.745 1,256 15,8thJ 1,287 23.001 17,087 INVESTMENT INCOME 2021 2020 Depostt account Interest 69 Page 9 PEACE CHILD INTERNATIONAL. NOTES TO THE FINANaAL sfATEMENTS- Contlnued FOR THE YEAR ENDED 31ST DECEMBER 2021 RAISING FUNDS Ralsln8 donatlow, le8a¢les and se