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2022-12-31-accounts

2022 Annual Report Helping young people achieve their full potential

Letter from the Chair

List of Trustees during 2022

David Woollcombe - Chair Viji Underwood – Treasurer Rosey Simonds – Secretary to the Board Hortense Julienne (until October 2022) Joanna Mobed Olivia Hutchinson Vinod Tailor Rory Copeland Michael Woollcombe Clarke

Contents

Programmes:

2022 was a momentous year – both for Peace Child and the world. On 6th February, Eirwen Harbottle, our Co-Founder who served as the first chair of Trustees for 27 years, died peacefully in her sleep just short of her 101st birthday. Two weeks later, on 24th February, the government of Russia tore up the UN Rule book and invaded its sovereign neighbour, Ukraine – compelling a whole new generation of young Russians and Ukrainians to suffer the “scourge of war.” The UN’s response to the crisis was pretty supine, but, realistically, what could they do when one of the permanent members of its Security Council flagrantly flouts its most basic rule?

What could Peace Child do? Ending the Cold War was where our organisation started and it is painful to see all that early work unravel so quickly. It did, however, incentivise me to re-connect with the UN and get young people involved in the preparations for the UN Summit of the Future with its New Agenda for Peace, Digital Compact and Declaration for Future Generations. We held a Summer School on this, talking to experts on how – if? – young people might do a better job than their parents, turning State of the Planet indicators around in an imaginary UN Earth Situation Room. Answer? It’s entirely possible, but it will take a whole lot more commitment and sense of urgency than shown by current leaders.

Meanwhile, despite COVID challenges, our Be the Change Academy in Sierra Leone was able to train 1,252 young women with an average age of 25; Work the Change, our UK peer-to-peer employability programme, trained 300 students aged 14 to 17. Luton continues to play a major role in our UK Outreach programme hosting our Summer School, and putting into practice the slogan: “Think Globally – Act locally” with our first Youth Sustainability Action Forum: student teams from 6 Luton schools developed creative projects to help make Luton a more sustainable town. The Forum will, we hope, become an annual event in Luton’s Vision 2040 programme and be adopted in other towns and communities.

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A second goodbye was to Adriana Poglia, our CEO for 6 years. Adriana started working for Peace Child as a volunteer at the Be the Change Academy in Guinea. On her return, she briefly became a Trustee before taking on the CEO role in 2015. She felt passionately about the work Peace Child was doing with disadvantaged young women in West Africa and the turn-around in the lives of the 10,000+ young women trained in that programme is her lasting legacy. We shall miss her very much and wish her the best of success in her new job in Zurich, Switzerland. We are very grateful to Fred Fenwick for continuing to work on both of our major programmes.

We chose to celebrate Eirwen’s life and the end to our 40th anniversary by holding an

“Intergenerational Dialogue” – bringing together the young people from the Summer School to pitch their ideas to environmental leaders, Jonathan Porritt and Ann Finlayson and an audience of Peace Child supporters as well as Eirwen’s friends and family. Peace Child was, perhaps, Eirwen’s proudest achievement: it advanced her passionate belief in young people. Had she seen the wisdom and passion with which the youth presented their imperatives for the future at this event she would have loved it. How we missed her!

David Woollcombe, Founder and Chair of Trustees; December 2022

Adriana Poglia CEO Peace Child International 2015 to 2022

Eirwen Harbottle Founder Peace Child and Chair of Trustees - 1982 to 2009

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Our Vision:

Our Guiding Principles

Our Mission:

Peace Child International’s mission is to empower young people to fulfil their potential and gain the self-confidence, skills and knowledge they need to bring about social,

economic and environmental change.

Peace Child International’s vision is of a future where young people play a constructive role in society, and live in a world which enables them to thrive. Peace Child believes in young people. We know that, when given the right skills, tools, information and opportunity, young people will thrive. Therefore, with every programme we undertake, we seek to follow these guiding principles:

1. Youth-lnspired: 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 develop effective programmes, youth solutions and advocacy initiatives. 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 it is sustainable.

3. Innovation: We seek improvement and innovation in all our work. We define innovation not necessarily as something new but employing new uses of traditional methods.

4.Education: We encourage young people around the world to get informed and empower them to create positive change in their own lives, and that of their communities. We do this through training and education.

5.Collaboration: We work in partnership at all levels, engaging with some of the most powerful organisations internationally, 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).

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What we do

Peace Child International is a youth-led charity that empowers young people to gain the skills, knowledge and confidence they need to achieve their full potential and bring about social, economic and environmental change in their own lives, in their communities and in the wider world. It does this through innovative, transformative education, training, mentoring programmes, each of which has been designed to be scalable across the world.

Peace Child promotes youth participation by supporting young people to build their confidence and develop vital skills such as communications, negotiation and teamwork, all of which are essential to their future well-being, especially for employment. Working inter-generationally with Peace Child’s highly trained experts, young people identify key challenges in their lives then work together to develop and deliver projects that bring about social, economic and environmental change.

All our programmes have been designed to empower young people to take responsibility for their own future and not wait for elders to resolve their problems for them. Our theory of change requires that young people first inform themselves in detail about the challenges they face, then take action to resolve them.

The impact of Peace Child’s work has been recognised by the UN who awarded the charity its Peace Messenger award in 1986, and consultative status with UN-ECOSOC in 1997.

Why we do it?

Young people have the time and the power to transform society. Their participation in all aspects of society is crucial but too many young people lack the opportunities, the skills, the knowledge and the confidence they need to do so. Peace Child International seeks to fill those gaps, and enable young person to fulfil their own potential and benefit their own and their community’s future in which we are all destined to live.

Who we are?

Peace Child was founded 40 years ago to provide a platform for young people to address the concerns they have, whether at a global or local level. Three of our six founders are still closely involved in the running of the charity. PCI operates with a small staff in the UK and local teams in West Africa. A diverse board of Trustees based in the UK is the ultimate authority for the charity.

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Be The Change Academies, West Africa Entrepreneurship Programme

Our Programmes:

We have three main programmes developed in close partnership with young people themselves.

1. Be The Chang Academies, West Africa - Our Entrepreneurship Programme

2. Work The Change - UK - Our Employability Programme

3. Global Transformative Education

Our current Be the Change Academy (BTCA) targets illiterate young women in Sierra Leone, helping them to escape poverty by expanding their businesses and providing them with the skills and knowledge needed to generate a sustainable income. This means that they are able to feed themselves and their families, send their children to school and pay for vital medicine. Most trainees already have a business but are unable to make a living from it or pay for food, medical costs or education to support themselves or their family.

Since 2013, in collaboration with our local partner AWISH and the young women themselves, we have developed an effective image based business training programme which empowers illiterate young women to build a sustainable business and become financially independent for life.

Being image-based and tailored for young women with little or no formal education, our project fills a gap in existing provision. It is unique and provides an example of best practice in how to transform the lives of some of the world’s most marginalised young people.

Our work in 2022

The Future

This Annual Report runs to 31 December 2022, but we constantly strive to advance our mission. In 2023, we have begun a strategic review of our work, which has included the ‘spin-off’ of our project in West Africa into a standalone charity, ‘Prosper’. We were delighted that Viji, Joanna, Olivia and Rory agreed to step down from the Peace Child board in April 2023 to act as the first trustees of this new charity. This and other milestones will be reflected fully in the 2023 Annual Report.

In 2022, we continued to deal with the fallout from the Global Pandemic, an additional geo-political issue that has led to devastating inflation in Sierra Leone. These external shocks highlight the importance of developing economic sustainability and resilience amongst some of the world’s most vulnerable people

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Pre Training Data

On average, of those who attended the trainings

Impact:

Despite these challenges during the year, we were able to:

On average, those who were already running some sort of business, stated that they had:

Work in 10 communities

Train 1,252 young women aged between 18 - 35 with the average age of young women being 25 years old

Post Training Data

On average, of those who attended the trainings

The project indirectly benefitted 7,755 people – including community and family members

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Case Study

Jenneh, 29, was never able to access formal education. She runs a community shop, selling general goods such as rice, oil, cleaning products, batteries etc. Before joining the training she was not running a business herself but supporting her husband on his small holding peanut farm. She has three children between 12 and 5 years old. Jenneh confirmed the BTCA project had been instrumental in her development as an entrepreneur,crediting her understanding of customer service as key to her business growing:

“I have understood you need to give good customer service. I have now started to offer my products on credit, so people can take the goods and then pay later, as this helps to increase my sales, while offering a useful service to my customers that cannot pay straight away.”

She also stressed the importance of the savings group established by the project to her development:

“I know that today I have 300,000 SLL(approximately $15) in savings, this has been built up through my profits from my business. I know with confidence I can use this money to re-invest into my business without needing to ask anyone else for money. I am able to do it on my own.”

When asked about what has been the biggest change in her personal life, she proudly stated:

“I can better support my children’s education.”

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Trustee’s Site Visit

by Joanna Mobed

In December 2022 I had the privilege of visiting Peace Child’s BTCA in Kenema, Sierra Leone. Since joining the board of Peace Child, particularly since starting and chairing the Fundraising Committee, I have consistently been focussed on showcasing the value of Peace Child’s work in Sierra Leone to new, existing and potential donors. I am also responsible for maintaining a close understanding of the training materials and savings groups as a trustee. Travelling to Sierra Leone has given me a first hand view of Peace Child’s work in Sierra Leone, and the impact of our unique, highly bespoke programmes on the participants, their families and the local community.

One of the greatest highlights of the visit was getting to know the team based in Kenema. Alpha, our Country Director, has previously presented to the board via Zoom from Sierra Leone. As a result of the visit, I have developed a much closer working relationship with Alpha and his team, and we regularly exchange messages and updates regarding the programmes. We spent as much time as possible in the field, getting to know the training facilitators Hassan, Nancy and Ali and understanding their unique methods of presenting the training materials to the various cohorts. During small group sessions at the office in Kenema, the team’s dedication really shone - hearing about how the facilitators will run trainings and saving groups throughout the year, leaving hours before sunrise and travelling to remote villages in the rainy season when the roads are waist deep in water and impassable other than by skilful navigation on a motorbike.

We observed training sessions in a range of communities - rural, semi-rural and suburban. At the office, the facilitators ran some of the training exercises on us. The materials are highly interactive, ensuring participants think critically and come up with their own answers rather than memorising content from lectures. None of the materials require any reading, writing or numeracy skills, ensuring that they are accessible to a diverse range of participants. Several of the exercises involve learning through ‘games’, such as the buyers and sellers game demonstrating different pricing points and the value of relationships when trading, and the river code game - showing the importance of self determination, trust and teamwork to navigate a challenging business environment.

Throughout the week, we visited a range of businesses which participants had established as a result of the skills developed in the training programme, including ‘table’ businesses selling food, hair products and toiletries, a restaurant, a casava farming cooperative and a wholesale business. The most memorable part of the trip was hearing the participants’ testimonies, first hand accounts on how life changing their businesses had been - creating opportunities to send their children to school, save money for the future and pull together savings to support family members in the local community.

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Employability Programme

Work The Change – UK

Fully Funded Employability

Skills Workshops for Y10 & 12

Our Sessions

Identify Passions

In session one, students think about what they really care about and consider career pathways related to their passions.

Help to Harness Skills

Session two asks students to reflect on the skills they have developed in both formal and informal settings.

Support CV Writing

The final session offers tips on CV writing and gives students the space to craft a convincine CV.

Promote Peer to Peer

Why Choose us?

Our workshops are free of charge

Our unique peer to peer delivery model promotes oracy in the curriculum

We have already helped over 3,000 students in the UK improve their confidence

A facilitator delivers our workshops to VI formers on day one, then trains them to deliver the session to their peers in year 10 on day one.

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Our Progress This Year:

Over the past two years, due to Covid, we adapted Work The Change to serve as an online mentorship programme. From our assessments, we concluded that the online programme was far less effective than the original, direct face-to-face trainings, so in the summer term of 2022, we were delighted to be able to start going into schools again. We ran trainings in three schools in Berkshire, Hertford, Bedfordshire in partnership with three different charitable foundations. The programme reached 300 young people aged 14-17.

Year 10 students had also missed out on the opportunity to engage in work experience and opportunities to hear from outside experts deliver specialist workshops and assemblies to the students. Additionally, the gap between disadvantaged pupils and their peers widened

greatly during the pandemic: many youngsters now suffer from an acute lack of self- esteem and self-confidence. The Year 10s found the programme helped prepare them to gain the maximum from their forthcoming work experience weeks. Of the VIth form peer facilitators also benefitted from the opportunity to develop presentation skills and increase their self-confidence.

Impact:

Of the Year 10 students:

• All 299 students who took part in the training reported that they had gained valuable skills that they believe will be useful when looking for, or being in, employment.

Of the VI[th] Form peer facilitators

“I really enjoyed it and learnt some new skills and ideas”

Student

“Excellent for children who feel uncomfortable about their Teacher feelings and future”

Building on this and other feedback from students and their teachers, we engaged an educational expert to update our materials to engage the students more effectively and meet their future employability needs.

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Global Education

2022 sees PCI road-testing new transformative education programmes

As noted earlier, Peace Child’s theory of change requires young people First: to inform themselves. Then to take action. For, as the Islamic leader, Abu Bakr, said: “Action without Knowledge is folly. Knowledge without action is futile.”

Led by, David Woollcombe, and drawing on the call made at our 2021 UN 75th Anniversary follow-up Conference in Estonia, young people aged 14-21 came together in the first ever Peace Child Summer School to create a pilot edition of our planned UN Day State of the Planet Report, set in an imaginary Earth Situation Room. The same young people took their recommendations to a Peace Day event on Denmark’s Youth Island, and then to our 40th Anniversary event in memory of Eirwen Harbottle where they engaged with Jonathon Porritt and Ann Finlayson in an Intergenerational Dialogue. We also followed up our Luton Online Sustainability Action Forum in 2021 with a live one held in the Putteridge Secondary School. Also in Luton, Louise Landman continued her inspirational tree-planting initiative. Finally, Singapore saw the first performance of the new Peace Child interactive musical show – which uses live drama to discuss how to repair the State of the World.

Luton Youth Sustainability Action Forum

Like Work the Change, this pilot project provided a training in presentational skills, and an introduction to the challenges of sustainable development to teams of four students from six different Luton Secondary Schools by challenging them to come up with a local sustainability initiative that they could implement themselves to make Luton a more sustainable town.

Following the trainings, each team developed their Sustainability Action Initiatives, and prepared a ten minute presentation on their initiative to promote their ideas both to their peers, and an expert panel which included the Mayor of Luton, Luton Borough Council staff and leaders of the local business community. This Forum was held on 7th July .

The initiatives included plans to:

The panel gave feedback on each initiative – and they, and the audience, were invited to ask questions of each team. Both panel and audience then voted to create a winning project.

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Impact Assessment

100% of youth felt that this project was an activity which schools should do more of.

One of the participants wrote in their evaluation:

” I enjoyed sharing ideas with other students and felt it was a great opportunity for our views to be heard.”

One of the three things I learnt was that blaming many different people for sustainability problems will never help because it’s better to make change yourself than to blame others.

Student from Icknield School

“I gained lots of knowledge on what’s good and bad with public speaking, how saying things differently when presenting affects the whole speech. Another thing I learned was how to structure a speech. A third thing I learned was that public speaking is not just about content but also about body language, voice projection and eye contact. I also learned about sustainability problems”.

Student from Icknield School

“It felt good to see adults and young people working towards a shared goal”

Teacher

Tree Planting in Luton

In partnership with Louise Landman, we developed a lesson plan on conservation and planting trees which was delivered by the teachers ahead of the actual planting of trees by the students, under Louise’s supervision, in school playgrounds and adjacent public areas. The students selected to do the planting were those who rarely shone academically and their teachers reported that they were really proud of their achievement. Their confidence and, in some cases, their academic performance improved as a direct result of the programme.

Students from Cardinal Newman School, Luton

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Global Education

UN Day State of the Planet Programme – and – our FIRST Earth Situation Room (ESR)

Article 11 of the UN’s Our Common Agenda report calls on UN Member Governments to “Listen to and work with Youth” - something PCI has urged the UN to do for decades. The UN’s Quintet of Change plan also seeks to create a new Data Strategy that turns the organisation into a “state-of-the-art data analyst and communicator for everyone – everywhere…”

Lauren Banham(21), who worked with PCI on our UN 75th Anniversary Festival, used her gap year to explore ways to implement these objectives in a way that would appeal to young people. Starting with a visit to the Glasgow Climate COP, she helped first develop the new interactive Peace Child musical.(see below) This starts in an imaginary Earth Situation Room somewhere in the UN’s New York Headquarters that measures real time progress / regress on five key planetary indicators: Population, Economy, Natural Capital, Inequality and Peace. Lauren’s thought was that the ESR should show – not just the situation as it is now ( = very dire!) – but also how it should look 50-years hence ( = hopefully very sustainable!) And it would be backed up by interviews with the best and the brightest global experts on what the young people of today have to do differently from previous generations to achieve that goal.

We had also discovered, doing our UN 75th Anniversary Festival in 2020, that the UN has no public-facing event to mark its anniversary on UN Day – 24th October. So, we decided to create a UN Day State of the Planet programme to promote the whole concept. Presented by young people, the programme would update youth – and the whole human family – every year on UN Day on our progress towards the peaceful, sustainable world we need for the survival and prosperity of Life on Earth.

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The situation in 2022 The Earth Situation Room The situation in 2100
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The programme was book-ended by colourful animations set in the ESR created by ZEDEM animation showing the situation as it is NOW – and the situation as the youth of today need to make it by the end of their working lives. Our plan is that, in this way, the ESR can become the online resource that will deliver on the UN’s goal of making it the “State-of-the-art data analyst and communicator everyone – everywhere…” - so badly needs.

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Peace Child’s First Summer School

Hat Factory Studio, Luton - July 25th to 29th 2022

From July 25th to 29th, we held a Summer School at Luton’s famous Hat Factory cultural centre. 23 global experts agreed to be interviewed on zoom by the young team. Each team member explored the expertise of the person they were set to interview then conducted the 23 interviews with a remarkable degree of professionalism.

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Evie, Joanna and Lauren in interview mode The Studio area at Luton’s Hat Factory
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A key concern of the young people was that the experts should not blind them with science or long words: so carefully, and respectfully, they asked for clarification whenever anything was unclear to them. The resulting video recordings, along with the link pieces recorded by Lauren and co-presenter, Shope Fashade, were edited into a 45-minute “long-form” and 14-minute “short-form” programme. Both were launched on UN Day 2022 – with an accompanying website [www.whatnext4un.org] which gives background and hyperlinks on each issue covered by the programme.

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United Nations Peace Child
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The Summer School Team
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Back Row: Eve-Marie Riley, Lauren Banham, Abigail Riley, Charles Kirby Front Row: Joana Miranda, Shope Fashade, Aisha Hasan

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UN Peace Day Presentation on Denmark’s Youth Island

On the last day of the Summer School, the students came up with their own proposals to present to the UN High-Level Advisory Board (H-LAB) on “Effective Multilateralism” which had called for young people’s ideas. PCI’s youth proposed:

On Peace Day, September 21st 2022, five of the seven Summer School students travelled to Denmark’s Youth Island to discuss and deliver their proposals at an International Meeting of students. It was the start of Peace Child International’s work with the Coalition for the UN We Need (C4UN) that will, we hope, enable young people in our network help shape and nurture progress towards more effective global governance.

Using Drama to explore Global Issues

Peace Child Forum Theatre Premiere – Singapore, 11[th] December 2022

Peace Day 2022 also saw the premiere of the new Peace Child Interactive musical in Singapore by the Tamasha theatre company. The show starts on Peace Day 2070 with students reviewing the State of the Planet Report showing the world in a safe, sustainable state. In a back-cast to the 2020s, the students remember the first State of the Planet Report, showing the Planet in a terminal trajectory.

The story tells how the young people of that time talked to business leaders, politicians, diplomats, advertising agents, citizen activists, faith leaders… all of whom said: “It’s not our job to turn things around!” In frustration, the cast turn to the audience and ask them what they would do? This Interactive, Intergenerational Conversation feeds ideas into the final scenes in which, at the UN’s Summit of the Future, the young people persuade UN Member State Governments to take the actions necessary to achieve a clean, green, peaceful and sustainable future.

Tamasha director, Deepika Rajani, reports that the show was “well-received” with many expressing astonishment that children so young were so well-informed and so passionate about matters affecting their planet’s future.

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Financial Information Treasurer’s Statement

These summarised accounts are extracted from the Independent Examiner’s Report on our FY 2022 accounts which was approved by the Trustees at their meeting on 2nd 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 the Secretary to the Board, Rosey Simonds, at: rosey@peacechild.org

Signed on behalf of the Trustees

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|||| |---|---|---| |2022|2021| |Incoming Resources| |Donations|30,394|23,001| |Project Income (Grants)|124,945|93,409| |BTCA|95,704|71,753| |Work the Change|6,013|8,658| |Other Project income|23,228|12,998| |Investment Income|28|2| |Total Incoming Resources|155,367|116,412| |Resources Expended| |Wages|24,495|16,126| |Projects Costs|105,918|120,169| |Travel & Substistence|583|132| |Management & Administration|6,055|7,292| |Rent, Utilities & Supplies|420|420| |Fundraising Consultancy|4,111|3,200| |Total Incoming Expended|141,582|147,339| |Gain/(Loss) for the Year|13,785|-30,927| |Analysis of Resources Expended| |On Generating Funds|35,244|26,750| |On Charitable Activities|105,918|93,419| |Total|141,162|147,339| |Reconciliation of Reserves| |Opening Reserves|21,611|25,368| |Gain / (Loss) for the Year|-4,829|-3,757| |Closing Reserves|16,782|21,611|

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Viji Underwood

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Thank You

A huge thank you to all the individuals, institutions, organisations, trusts and foundations that have supported us this year: The Arnold Clark Community Fund Connolly Foundation St. James Place Cade Hill Investments Tesco Community Grants Eirwen Harbottle Sarah Broxholme Ashworth Charitable Trust Scott Bader Commonwealth Patrick Rowland Foundation The H.O.B 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.

Safeguarding Statement:

We believe that it is always unacceptable for a child or young person to experience abuse of any kind and we recognize our responsibility to safeguard the welfare of all children and young people, by a commitment to a practice that protects them. We recognize that:

Peace Child International has zero tolerance to bullying, harassment, abuse and any kind of exploitation of children and young people. If you have any concerns please contact our designated Safeguarding Officer:

Rosey Simonds, by mail at: rosey@peacechild.org or by phone on: +44 7501 27 3195

Peace Child International. UK registered charity (No. 1095189) and Private Limited Company (No. 4472212). W: peacechild.org E: info@peacechild.org

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Annual Report designed by
Alessandro Morotti - Graphic Designer
E: morotti.alessandro32@gmail.com - www.behance.com/morosauro
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REGISTERED COMPANY NUMBER: 04472212 (England and Wales) REGISTERED CHARITY NUMBER: 1095189

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2022

FOR

PEACE CHILD INTERNATIONAL (A COMPANY LIMITED BY GUARANTEE)

Wags LLP t/a Wagstaffs Richmond House Walkern Road Stevenage Hertfordshire SG1 3QP

PEACE CHILD INTERNATIONAL

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2022

Page
Reference and Administrative Details 1
Report of the Trustees 2 to 3
Independent Examiner's Report 4
Statement of Financial Activities 5
Balance Sheet 6 to 7
Notes to the Financial Statements 8 to 13

PEACE CHILD INTERNATIONAL

REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31ST DECEMBER 2022

TRUSTEES D R Woollcombe V R Underwood (Treasurer) J H Nguepnang Ntepndie R Simonds J Mobed V B Tailor O Hutchinson R J Copeland M W Woollcombe-Clarke (appointed 2/7/22)

COMPANY SECRETARY R Simonds REGISTERED OFFICE Richmond House Walkern Road Stevenage Hertfordshire SG1 3QP

REGISTERED COMPANY NUMBER 04472212 (England and Wales)

REGISTERED CHARITY NUMBER 1095189 INDEPENDENT EXAMINER Wags LLP t/a Wagstaffs Richmond House Walkern Road Stevenage Hertfordshire SG1 3QP

Page 1

PEACE CHILD INTERNATIONAL

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2022

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 2022. 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 continued to promote 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 training, mentoring and global education programmes which have been designed to be scalable across the world.

Peace Child's programmes have been developed in close partnership with young people themselves, and this is what makes them so effective. Peace Child's programmes 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 2022 Peace Child focused on three core programmes:

  1. Entrepreneurship Training (BTCA) - We empowered 1,252 young women with no formal education, in Sierra Leone to gain vital business skills and enable them to become financially independent.

  2. Employability Training (WTC) - We empowered 299 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 directly trained 70 students who passed those skills learned to 1800 students across several schools, continuing our objective to help achieve the UN Sustainable Development Goals at a local level and in ways that directly impact their lives and to create an opportunity for them to engage in activities that will help them develop vital transferable skills. Empowering them to have a voice in their future.

FINANCIAL REVIEW

Financial position

Total incoming resources for the year amounted to £155,367 (2021: £116,412). As at 31st December 2022, unrestricted funds amounted to £16,782 (2021: £21,611).

Page 2

PEACE CHILD INTERNATIONAL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 315r DECEMBER 2022 FINANCIAL REVIEW Ileserves pollcy The Trustees have examlned the requirements for free reserves which are those funds not invested in fixed assets, designated for specific purposes otherwise committed. The tfustees consider that, given the nature of work and our reliance on funds from Governmental, Non.Goveinmental and other charitsble organisations, it is prudent to maintain a level of genefal funds sufficient to: al enable all Projects to be brought up to date and financial reports prepared for Funders bl meets its Statutory Obligations to pay employees notice and redundancy period5 cl meet operatin8 Costs for reporting requirements to Charity Commission and Companies House The Trustees undertake to make Bood any reserves shortfall arising. STRLICWRE, GOVERNANCE AND MANAGEMENT Governlni documenl The charity is coTrtrolled by its governing document, a deed of trnst, and constitutes a Ilmited company, limited bv guarantee, as defined by the Companies Act 2￿6. Inductlon and trainlng of new trustees The Charity has a policy and procedure for induction and tralnin8 of Tfustees. New trustees are indurted primarily by reference to the Charity Commission welcome pack which focuses on the main duties and responsibil¢ties of the role.This provides essential information to help new trustees and includes topics such as governance basics and filing requirements.this may be supplemented with specific training dependin8 on the Trustees role. Risk mana8ement The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. ACKNOWLEDGEMENTS The Tfustees are grateful to all those who have contributed In any way to the achievement of this years, results. This report has been prepared in accordance with the special provisions of Part 15 of the Companies Art 2tK)6 relating to small ¢ompanie5. Approved by order of the board of trustees on ............... . .. ... and si8ned on its behalf bv.. oollcombe- Trugtee Page 3

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF PEACE CHILD INTERNATIONAL

Independent examiner's report to the trustees of Peace Child International ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31st December 2022.

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

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.

N D Savjani FCA Wags LLP t/a Wagstaffs Richmond House Walkern Road Stevenage Hertfordshire SG1 3QP

Date: .............................................

Page 4

PEACE CHILD INTERNATIONAL

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31ST DECEMBER 2022

Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
3
30,394
Charitable activities
AZUL WASI
2,744
BTCA
-
WTC (UK)
-
Sustainability
-
Raleigh
16,283
Investment income
4
28
Total
49,449
EXPENDITURE ON
Raising funds
5
35,244
Charitable activities
AZUL WASI
2,751
BTCA
-
WTC (UK)
-
Sustainability
-
Raleigh
16,283
Total
54,278
NET INCOME/(EXPENDITURE)
(4,829)
RECONCILIATION OF FUNDS
Total funds brought forward
21,611
TOTAL FUNDS CARRIED FORWARD
16,782
Restricted
fund
£
-
-
95,704
6,013
4,201
-
-
105,918
-
-
95,704
6,013
4,201
-
105,918
-
-
-
2022
Total
funds
£
30,394
2,744
95,704
6,013
4,201
16,283
28
155,367
35,244
2,751
95,704
6,013
4,201
16,283
160,196
(4,829)
21,611
16,782
2021
Total
funds
£
23,001
3,510
71,753
8,658
9,488
-
2
116,412
26,750
3,520
71,753
8,658
9,488
-
120,169
(3,757)
25,368
21,611

The notes form part of these financial statements

Page 5

PEACE CHILD INTERNATIONAL (REGISTERED NUMBER: 04472212)

BALANCE SHEET 31ST DECEMBER 2022

Unrestricted
Restricted
fund
fund
Notes
£
£
CURRENT ASSETS
Debtors
9
4,213
-
Cash at bank and in hand
19,863
23,611
24,076
23,611
CREDITORS
Amounts falling due within one year
10
(7,294)
(23,611)
NET CURRENT ASSETS
16,782
-
TOTAL ASSETS LESS CURRENT LIABILITIES
16,782
-
NET ASSETS
16,782
-
FUNDS
11
Unrestricted funds
TOTAL FUNDS
2022
Total
funds
£
4,213
43,474
47,687
(30,905)
16,782
16,782
16,782
16,782
16,782
2021
Total
funds
£
616
71,919
72,535
(50,924)
21,611
21,611
21,611
21,611
21,611

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2022 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

The notes form part of these financial statements

Page 6

PEACE CHILD IXTERNATIONALIREGISTERED NUMBER: 044722121 8AiAIICE SHEET. tonilnued 31sr DECEMBER 2022 These financial ststements have been prepared in accordance with the provi￿On$ applicable to charitsble companies subject to the small Cfmpanies regime. The financial statements were approved by the Board of Trustees and aLrthorised for issue on !.Ix f•...?.o.11.... and were sl8ned on its behaif bv: oollcombe- ee VR Underw - Trustee The r￿te$ fomi part of these financial statements Page 7

PEACE CHILD INTERNATIONAL

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2022

1. STATUTORY INFORMATION

Peace Child International is a company limited by guarantee and registered charity, both in England and Wales. The company and charity registration numbers, together with the registered office address, can be found within the reference and administrative details on page 1.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, 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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Going concern

The financial statements have been prepared on a going concern basis.

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.

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.

Taxation

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

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

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.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Long term projects

Grant contracts which involve work for a period of more than one year or extending over a year-end are treated as long-term projects and accounted for on the percentage-completed basis.

Page 8

PEACE CHILD INTERNATIONAL

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2022

2. ACCOUNTING POLICIES - continued

Long term projects

Grant contracts which are long-term projects usually stipulate a work period, deliverable and reporting obligations, co-operation and co-funding obligations and phased payment terms. Some such contracts also provide for the client to have certain rights of recovery which may extend several years beyond project completion. Grant income for such projects is recognised on a percentage-completed basis to the extent that project time has elapsed and provided that the Charity reasonably expects that it will receive and retain the corresponding income.

Expenditure relating to the performance of grant work obligations is matched to the corresponding income wherever it is practicable to do so. Since revenue is recognised with reference to percentage elapsed time rather than percentage physical completion, in most cases expenditure such as wage and salary expense is correctly matched by expensing it in the accounting period in which it was incurred. If a material timing difference occurs, expenditure may be deferred by recognising a work-in-progress asset, or a provision may be made in order to recognise the expenditure consequences of recognised income.

Final settlements on grant contracts may occur in a later year than completion of the work and may result in final income above or below the recognition basis, for example as a result of currency variations. Additional income arising from final settlements is recognised as income in the year in which it is received; income shortfalls and recoveries by donors are expensed as costs of charitable activities and any debtor items written off accordingly, also in the year of the relevant settlement.

3.

4.

DONATIONS AND LEGACIES

DONATIONS AND LEGACIES
Donations
Gift aid
INVESTMENT INCOME
Deposit account interest
2022
£
27,806
2,588
30,394
2022
£
28
2021
£
21,745
1,256
23,001
2021
£
2

Page 9

PEACE CHILD INTERNATIONAL

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2022

5. RAISING FUNDS

Raising donations, legacies and securing further project income

Raising donations, legacies and securing further project income
Staff costs
Management and administration
Fundraising consultancy
Travel and subsistence
2022
£
24,495
6,055
4,111
583
35,244
2021
£
16,126
7,292
3,200
132
26,750

6. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31st December 2022 nor for the year ended 31st December 2021.

Trustees' expenses

Trustees' expenses paid for the year ended 31 December 2022 totalled £102 (2021: £88).

Expenses were incurred by all trustees of the charity in the year for expenditure on raising funds (2021: all trustees for expenditure on raising funds).

7.

STAFF COSTS

Wages and salaries
The average monthly number of employees during the year was as follows:
Full time equivalents
2022
£
24,495
24,495
2022
1
2021
£
16,126
16,126
2021
2

No employees received emoluments in excess of £60,000.

Page 10

PEACE CHILD INTERNATIONAL

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2022

8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted
fund
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
23,001
Charitable activities
AZUL WASI
3,510
BTCA
-
WTC (UK)
-
Sustainability
502
Investment income
2
Total
27,015
EXPENDITURE ON
Raising funds
26,750
Charitable activities
AZUL WASI
3,520
BTCA
-
WTC (UK)
-
Sustainability
502
Total
30,772
NET INCOME/(EXPENDITURE)
(3,757)
RECONCILIATION OF FUNDS
Total funds brought forward
25,368
TOTAL FUNDS CARRIED FORWARD
21,611
Restricted
fund
£
-
-
71,753
8,658
8,986
-
89,397
-
-
71,753
8,658
8,986
89,397
-
-
-
Total
funds
£
23,001
3,510
71,753
8,658
9,488
2
116,412
26,750
3,520
71,753
8,658
9,488
120,169
(3,757)
25,368
21,611

Page 11

PEACE CHILD INTERNATIONAL

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2022

9. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Other debtors
VAT
Prepayments and accrued income
10.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Social security and other taxes
Other creditors
Accruals and deferred income
11.
MOVEMENT IN FUNDS
Unrestricted funds
General fund
TOTAL FUNDS
Net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
Restricted funds
Restricted
TOTAL FUNDS
At 1/1/22
£
21,611
21,611
Incoming
resources
£
49,449
105,918
155,367
2022
2021
£
£
3,612
250
288
94
313
272
4,213
616
2022
2021
£
£
2,848
42
721
(96)
1,325
273
26,011
50,705
30,905
50,924
Net
movement
At
in funds
31/12/22
£
£
(4,829)
16,782
(4,829)
16,782
Resources
Movement
expended
in funds
£
£
(54,278)
(4,829)
(105,918)
-
(160,196)
(4,829)

Page 12

PEACE CHILD INTERNATIONAL

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2022

11. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

At 1/1/21
£
Unrestricted funds
General fund
25,368
TOTAL FUNDS
25,368
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
27,015
Restricted funds
Restricted
89,397
TOTAL FUNDS
116,412
Net
movement
At
in funds
31/12/21
£
£
(3,757)
21,611
(3,757)
21,611
Resources
Movement
expended
in funds
£
£
(30,772)
(3,757)
(89,397)
-
(120,169)
(3,757)

12. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31st December 2022.

Page 13

REGISTERED COMPANY NUMBER: 04472212 (England and Wales) REGISTERED CHARITY NUMBER: 1095189

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2022

FOR

PEACE CHILD INTERNATIONAL (A COMPANY LIMITED BY GUARANTEE)

Wags LLP t/a Wagstaffs Richmond House Walkern Road Stevenage Hertfordshire SG1 3QP

PEACE CHILD INTERNATIONAL

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2022

Page
Reference and Administrative Details 1
Report of the Trustees 2 to 3
Independent Examiner's Report 4
Statement of Financial Activities 5
Balance Sheet 6 to 7
Notes to the Financial Statements 8 to 13

PEACE CHILD INTERNATIONAL

REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31ST DECEMBER 2022

TRUSTEES D R Woollcombe V R Underwood (Treasurer) J H Nguepnang Ntepndie R Simonds J Mobed V B Tailor O Hutchinson R J Copeland M W Woollcombe-Clarke (appointed 2/7/22)

COMPANY SECRETARY R Simonds REGISTERED OFFICE Richmond House Walkern Road Stevenage Hertfordshire SG1 3QP

REGISTERED COMPANY NUMBER 04472212 (England and Wales)

REGISTERED CHARITY NUMBER 1095189 INDEPENDENT EXAMINER Wags LLP t/a Wagstaffs Richmond House Walkern Road Stevenage Hertfordshire SG1 3QP

Page 1

PEACE CHILD INTERNATIONAL

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2022

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 2022. 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 continued to promote 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 training, mentoring and global education programmes which have been designed to be scalable across the world.

Peace Child's programmes have been developed in close partnership with young people themselves, and this is what makes them so effective. Peace Child's programmes 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 2022 Peace Child focused on three core programmes:

  1. Entrepreneurship Training (BTCA) - We empowered 1,252 young women with no formal education, in Sierra Leone to gain vital business skills and enable them to become financially independent.

  2. Employability Training (WTC) - We empowered 299 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 directly trained 70 students who passed those skills learned to 1800 students across several schools, continuing our objective to help achieve the UN Sustainable Development Goals at a local level and in ways that directly impact their lives and to create an opportunity for them to engage in activities that will help them develop vital transferable skills. Empowering them to have a voice in their future.

FINANCIAL REVIEW

Financial position

Total incoming resources for the year amounted to £155,367 (2021: £116,412). As at 31st December 2022, unrestricted funds amounted to £16,782 (2021: £21,611).

Page 2

PEACE CHILD INTERNATIONAL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 315r DECEMBER 2022 FINANCIAL REVIEW Ileserves pollcy The Trustees have examlned the requirements for free reserves which are those funds not invested in fixed assets, designated for specific purposes otherwise committed. The tfustees consider that, given the nature of work and our reliance on funds from Governmental, Non.Goveinmental and other charitsble organisations, it is prudent to maintain a level of genefal funds sufficient to: al enable all Projects to be brought up to date and financial reports prepared for Funders bl meets its Statutory Obligations to pay employees notice and redundancy period5 cl meet operatin8 Costs for reporting requirements to Charity Commission and Companies House The Trustees undertake to make Bood any reserves shortfall arising. STRLICWRE, GOVERNANCE AND MANAGEMENT Governlni documenl The charity is coTrtrolled by its governing document, a deed of trnst, and constitutes a Ilmited company, limited bv guarantee, as defined by the Companies Act 2￿6. Inductlon and trainlng of new trustees The Charity has a policy and procedure for induction and tralnin8 of Tfustees. New trustees are indurted primarily by reference to the Charity Commission welcome pack which focuses on the main duties and responsibil¢ties of the role.This provides essential information to help new trustees and includes topics such as governance basics and filing requirements.this may be supplemented with specific training dependin8 on the Trustees role. Risk mana8ement The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. ACKNOWLEDGEMENTS The Tfustees are grateful to all those who have contributed In any way to the achievement of this years, results. This report has been prepared in accordance with the special provisions of Part 15 of the Companies Art 2tK)6 relating to small ¢ompanie5. Approved by order of the board of trustees on ............... . .. ... and si8ned on its behalf bv.. oollcombe- Trugtee Page 3

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF PEACE CHILD INTERNATIONAL

Independent examiner's report to the trustees of Peace Child International ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31st December 2022.

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

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.

N D Savjani FCA Wags LLP t/a Wagstaffs Richmond House Walkern Road Stevenage Hertfordshire SG1 3QP

Date: .............................................

Page 4

PEACE CHILD INTERNATIONAL

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31ST DECEMBER 2022

Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
3
30,394
Charitable activities
AZUL WASI
2,744
BTCA
-
WTC (UK)
-
Sustainability
-
Raleigh
16,283
Investment income
4
28
Total
49,449
EXPENDITURE ON
Raising funds
5
35,244
Charitable activities
AZUL WASI
2,751
BTCA
-
WTC (UK)
-
Sustainability
-
Raleigh
16,283
Total
54,278
NET INCOME/(EXPENDITURE)
(4,829)
RECONCILIATION OF FUNDS
Total funds brought forward
21,611
TOTAL FUNDS CARRIED FORWARD
16,782
Restricted
fund
£
-
-
95,704
6,013
4,201
-
-
105,918
-
-
95,704
6,013
4,201
-
105,918
-
-
-
2022
Total
funds
£
30,394
2,744
95,704
6,013
4,201
16,283
28
155,367
35,244
2,751
95,704
6,013
4,201
16,283
160,196
(4,829)
21,611
16,782
2021
Total
funds
£
23,001
3,510
71,753
8,658
9,488
-
2
116,412
26,750
3,520
71,753
8,658
9,488
-
120,169
(3,757)
25,368
21,611

The notes form part of these financial statements

Page 5

PEACE CHILD INTERNATIONAL (REGISTERED NUMBER: 04472212)

BALANCE SHEET 31ST DECEMBER 2022

Unrestricted
Restricted
fund
fund
Notes
£
£
CURRENT ASSETS
Debtors
9
4,213
-
Cash at bank and in hand
19,863
23,611
24,076
23,611
CREDITORS
Amounts falling due within one year
10
(7,294)
(23,611)
NET CURRENT ASSETS
16,782
-
TOTAL ASSETS LESS CURRENT LIABILITIES
16,782
-
NET ASSETS
16,782
-
FUNDS
11
Unrestricted funds
TOTAL FUNDS
2022
Total
funds
£
4,213
43,474
47,687
(30,905)
16,782
16,782
16,782
16,782
16,782
2021
Total
funds
£
616
71,919
72,535
(50,924)
21,611
21,611
21,611
21,611
21,611

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2022 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

The notes form part of these financial statements

Page 6

PEACE CHILD IXTERNATIONALIREGISTERED NUMBER: 044722121 8AiAIICE SHEET. tonilnued 31sr DECEMBER 2022 These financial ststements have been prepared in accordance with the provi￿On$ applicable to charitsble companies subject to the small Cfmpanies regime. The financial statements were approved by the Board of Trustees and aLrthorised for issue on !.Ix f•...?.o.11.... and were sl8ned on its behaif bv: oollcombe- ee VR Underw - Trustee The r￿te$ fomi part of these financial statements Page 7

PEACE CHILD INTERNATIONAL

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2022

1. STATUTORY INFORMATION

Peace Child International is a company limited by guarantee and registered charity, both in England and Wales. The company and charity registration numbers, together with the registered office address, can be found within the reference and administrative details on page 1.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, 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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Going concern

The financial statements have been prepared on a going concern basis.

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.

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.

Taxation

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

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

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.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Long term projects

Grant contracts which involve work for a period of more than one year or extending over a year-end are treated as long-term projects and accounted for on the percentage-completed basis.

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PEACE CHILD INTERNATIONAL

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2022

2. ACCOUNTING POLICIES - continued

Long term projects

Grant contracts which are long-term projects usually stipulate a work period, deliverable and reporting obligations, co-operation and co-funding obligations and phased payment terms. Some such contracts also provide for the client to have certain rights of recovery which may extend several years beyond project completion. Grant income for such projects is recognised on a percentage-completed basis to the extent that project time has elapsed and provided that the Charity reasonably expects that it will receive and retain the corresponding income.

Expenditure relating to the performance of grant work obligations is matched to the corresponding income wherever it is practicable to do so. Since revenue is recognised with reference to percentage elapsed time rather than percentage physical completion, in most cases expenditure such as wage and salary expense is correctly matched by expensing it in the accounting period in which it was incurred. If a material timing difference occurs, expenditure may be deferred by recognising a work-in-progress asset, or a provision may be made in order to recognise the expenditure consequences of recognised income.

Final settlements on grant contracts may occur in a later year than completion of the work and may result in final income above or below the recognition basis, for example as a result of currency variations. Additional income arising from final settlements is recognised as income in the year in which it is received; income shortfalls and recoveries by donors are expensed as costs of charitable activities and any debtor items written off accordingly, also in the year of the relevant settlement.

3.

4.

DONATIONS AND LEGACIES

DONATIONS AND LEGACIES
Donations
Gift aid
INVESTMENT INCOME
Deposit account interest
2022
£
27,806
2,588
30,394
2022
£
28
2021
£
21,745
1,256
23,001
2021
£
2

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PEACE CHILD INTERNATIONAL

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2022

5. RAISING FUNDS

Raising donations, legacies and securing further project income

Raising donations, legacies and securing further project income
Staff costs
Management and administration
Fundraising consultancy
Travel and subsistence
2022
£
24,495
6,055
4,111
583
35,244
2021
£
16,126
7,292
3,200
132
26,750

6. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31st December 2022 nor for the year ended 31st December 2021.

Trustees' expenses

Trustees' expenses paid for the year ended 31 December 2022 totalled £102 (2021: £88).

Expenses were incurred by all trustees of the charity in the year for expenditure on raising funds (2021: all trustees for expenditure on raising funds).

7.

STAFF COSTS

Wages and salaries
The average monthly number of employees during the year was as follows:
Full time equivalents
2022
£
24,495
24,495
2022
1
2021
£
16,126
16,126
2021
2

No employees received emoluments in excess of £60,000.

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PEACE CHILD INTERNATIONAL

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2022

8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted
fund
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
23,001
Charitable activities
AZUL WASI
3,510
BTCA
-
WTC (UK)
-
Sustainability
502
Investment income
2
Total
27,015
EXPENDITURE ON
Raising funds
26,750
Charitable activities
AZUL WASI
3,520
BTCA
-
WTC (UK)
-
Sustainability
502
Total
30,772
NET INCOME/(EXPENDITURE)
(3,757)
RECONCILIATION OF FUNDS
Total funds brought forward
25,368
TOTAL FUNDS CARRIED FORWARD
21,611
Restricted
fund
£
-
-
71,753
8,658
8,986
-
89,397
-
-
71,753
8,658
8,986
89,397
-
-
-
Total
funds
£
23,001
3,510
71,753
8,658
9,488
2
116,412
26,750
3,520
71,753
8,658
9,488
120,169
(3,757)
25,368
21,611

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PEACE CHILD INTERNATIONAL

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2022

9. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Other debtors
VAT
Prepayments and accrued income
10.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Social security and other taxes
Other creditors
Accruals and deferred income
11.
MOVEMENT IN FUNDS
Unrestricted funds
General fund
TOTAL FUNDS
Net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
Restricted funds
Restricted
TOTAL FUNDS
At 1/1/22
£
21,611
21,611
Incoming
resources
£
49,449
105,918
155,367
2022
2021
£
£
3,612
250
288
94
313
272
4,213
616
2022
2021
£
£
2,848
42
721
(96)
1,325
273
26,011
50,705
30,905
50,924
Net
movement
At
in funds
31/12/22
£
£
(4,829)
16,782
(4,829)
16,782
Resources
Movement
expended
in funds
£
£
(54,278)
(4,829)
(105,918)
-
(160,196)
(4,829)

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PEACE CHILD INTERNATIONAL

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2022

11. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

At 1/1/21
£
Unrestricted funds
General fund
25,368
TOTAL FUNDS
25,368
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
27,015
Restricted funds
Restricted
89,397
TOTAL FUNDS
116,412
Net
movement
At
in funds
31/12/21
£
£
(3,757)
21,611
(3,757)
21,611
Resources
Movement
expended
in funds
£
£
(30,772)
(3,757)
(89,397)
-
(120,169)
(3,757)

12. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31st December 2022.

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