REGISTERED COMPANY NUMBER: 04779336 (England and Wales) REGISTERED CHARITY NUMBER: 1105864 Re ort of the Trustees and Unaudited Financial Statements for the Year Ended 31 December 2024 for Centre For Peacebuildin And Communi Develo ment an Limited b Guarantee Peacebuildin UK Acom Metherell Gard Ltd Chartered Accountants Burn View Bude Comwall EX23 8BX
Centre For Pgacebuildin And Communlt Develo ment Peacebuildin UK Contents of the Financial Statements for the Year Ended 31 December 2024 Page Report of the Trustees Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the Financlal Ststements 9 to 16
Centre For Pea¢ebuildin And Communit Develo ment Peacebuildin UK ort of the Trustees for the Year Ended 31 December 2024 The trustees who are also directors of the charity for the purposes of the Companies Act 2006. present their report with the financial stalements of the charity for the year ended 31 December 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102} (effective 1 January 2019). The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the charity's governing document. the Charities Act 2011 and 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, effective 1st January 2019. The charivs full name is Centre for Peacebuilding and Community Development and its more commonly used working title 15 'Peacebuilding UK, or initials 'PBUK'. OBJECTIVES AND ACTIVITIES Objectives and aims The objectives for which the Company is formed are.. 1. to develop the capacity and skills of socially and economically disadvantaged persons and in particular those persons residing in North Caucasus I'the region"), in such a way that they are better able to identify, and help meet. their needs and to participate more fully in society 2. to relieve sickness and distress and to advance the education, training, welfare and rehabilitation of young people. 3. to promote. in a non-partisan and non-political basis. education into conftict prevention, management and resolution. 4. to relieve poverty 5. lo promote human rights and equality of opportunity for people of different races and the elimination of discrimination on grounds of race or ethnicity and racial harassment. Significant activities Peacebuilding UK'S mission is to support and build local capacities for peace. This involves supporting and jointly implementing projects with local partner NGO'S Inon-government orgarnizationsl and individuals in the region to promote sustainable peace. well-being and the enjoyment of human rights. with a particular focus on children, youth and women. The objectives and aims of Pea¢ebuilding UK are to provide partnership and assistance. to strengthen cultures of peace and assist people in overcoming trauma. The main areas of operation to date have been the North Caucasus region of Russia, Ukraine and Kyrgyzstan but we are also now together wth partner Friends Peace Teams supporting peabUilding work in Israell Palestine. African Great Lakes region and Kurdistan, northern Iraq. Peacebuilding UK'S main activities include psychosocial assistancel trauma resilience. peacebuilding training and the promotion of human rights with a particular focus on women's rights and girls. empowerment The charity meets its objectives by building partnerships and conducting joir)t projects together with charitable and non-commercial organizalion5 in the conflict aa$. Once the partnerships have been established, funding is agreed to enable the activities to be progressed. Public benefit In setting Iheir objectives and planning their activities, the tru51ees have given careful consideration to the Charity CoTnmission's genefal guidance on public benefit. Success is not measured on financial results, but in the positive feedback received from the disadvantaged people il seek5 to improve. the increased opportunitie5 available to them and the change in qualily of life that they experien. Grantmaking The charity works side by side with individuals and organisations committed to a cornmon cause. Further detsils of grants paid can be found in the annual accounts. Page 1
Centre For Peacebuildin Develo Peacebuildin And Communi UK Re ort of the Trustees for the Year Ended 31 December 2024 STRATEGIC REPORT Achievements and performance Charitsble activities 11 Creating a Culture of Peace In the North Caucasus Summa of main achievements- This project promotes a culture of Justi and peace through Power of Goodness and Cultures of Justice and Peace training activities. Children and young people learn tools to resolve conflicts through the use of the Power of Goodness stories of nonviolence and reconciliation based on real-life situations of people overcoming and transforming conflicl in their lives and societies. A targeted group of students has received more in-depth training, based on the personal and social transformation components of the Alternatives to Violence Project {AVP), building a team of young leaders. experienced and committed pea and justice trainers. Changes in Russia over the last few years have been unprecedented. Since 2021 and especially follong Russia's invasion of Ukraine in eady 2022. the overall legal. political and human rights situation in Russia have deteriorated dramatically, affecting our partners and beneficiaries in negative ways that we could not have foreseen. Ob'ectives.. 1. To continue and develop the work. of building peace and resolving conflict in the North Caucasus, which Peacebuilding UK and partners have conducted since 2006, by teaching children and young people tools to resolve confficts through the use of stories of nonviolence and reconciliation, based on real-life situations of people overcoming and transforming conflict in their lives and societies. 2. To provide in-depth Creating Cultures of Justice and Peace training. offering essenlial skills and tools to build up a team of experienced and Committed young peace and justice trainers. nificant charitable activities achievements and ro ress a ainst ob-ectives.. -Knowledge and skills of 42 teachers were improved to conduct the Power of Goodness programme sessions. 400 copie5 Of Power of Goodness stories provided to teachers. During the reporting period. teachers were supported in conducting peace and tolerance tutor group classes. Some 582 school students and 45 University students attended classes on the Power and Goodness programme. -34 university students participated in the Creating Cultures of Pea. and Allematives to Violence Project (AVPI, add substantially to the resource of peacebuilding trainers in the North Caucasus. strengthening the regional network of peacebuilding trainers and further promoting a culture of peace in the region. The main chan es that this work has brou ht about= The evident sign5 for bringing change include the increased knowledge and understanding of teachers of the Power of Goodnes5 programme. which helps them to work more effectively with children. Teachers and the educational system in general have a large impact upon young people in the region, as in any society. We believe that teachers play a fundarnental role in multiplying the project's effects in encouraging peaceful, nonviolent and reconciliatory solutions to problems in the central actors, lives and communities and wll continue to do so. Univer51ty lecturers have noticed marked changes in students Ihat have attended the Creating Cultures of Peace trainings. particularly those who attended the 84ay trainings in Istanbul and Armenia. They have inlemalised the messages. skills and tools for personal transformation in a way that is visible in their interaction with their peer5 and have had deep explorations on how lo develop this ftjrther into social transformation when conditions allow. 21 EC - Svpporting Human Rights in Russia The project 'lntegrating public support for human rights in Russia through community engagement and enhancing capacitie5', was funded by the European Commission and Sigrid Rau5ing Trust. Its aims were to support 20 small and mid-size human rights organizations across Russia. located in remote or small communities {cities of no more than 2 million residents, with special emphasis on remote and minority regions), as they build a new financial busine55 model and thus transform their role in tte community- The underlying theory of change diagnosed that human rights organizations, dependence on foreign grant-funding has distorted and weakened their connection with the community, which has in turn lett them vulnerable and side-lined in public discourse. If human rights organizalions successfully turn to the public for their financial support. they will become safer, more relevant and confident. and their message will become louder and stronger. However, in order to persuade the public to donate to human rights organizations, the latter needed to hone their communication skills, engage in a iwo-way dialogue and obtain the required technical capacities. This project came lo an end in 2023 but some final work done was in 2024 and sUPPOrt to partners is ongoing. Page 2
Centre For Peacebuildin And Communi Develo ment Peaeebuildin UK ort of the Trustees for the Year Ended 31 December 2024 3) FPT Europe Since 2022. Peacebuilding UK has worked in closed partnership with Friends Peace Teams - Europe and Middle East, jointly prowding support and training to justice and pea worker5 in the North Caucasus, Ukraine. Kurdistanl northern Iraq and since 2024 in Israell Palestine. This includes actiwties 11 and 51 on these pages. 4) Phllanthropy In 2024 Peacebuilding UK implemented a project 'Surwval through Solidarity.: a strategy to connect exiles and human rights groups. Thi5 work was initiated due to the fact that intemalional sanctions in the countries involved mean that newly exiled human rights activists have been largely unable lo send monetary support to organizations remaining there. Moreover. most of them find themselves in an extremely unstable and vulnerable situation of living in a foreign country without a stable income. wthout clear prospects of regularization of Iheir legal status, and disconnected from family and their personal and professional communilies. At the same time, human rights org2nizations wthin the country a pressed by the authorities. cut off from foreign funding. and are struggling to get their message out with social media being banned. They have also lost human resources. ideas. and visibility as much of their supporter base has been forced to leave the country. Peacebuilding UK helped match the intellectual resources of the exiles with the needs of local human rights group to help Ihe exiles restart their activism. earn a living abroad. and fulfill the need for staying connected with their .country- This also provided important help to human rights groups in filling the human resources gap. providing in-kind support to sustain their work. S) Psychosocial A$sistan¢e in Western Ukraine Peacebuilding UK partners with Friends Peace Teams Europe and Middle East to help improve the psychosocial well-being of people living in western Ukraine affected by Russia's war against Ukraine. The work particularly benefits children and young people, women, people wifft disabilities and women and child victims of Violen residing in and around the city of Lviv. including for internally displaced people from the south and east of the country. Professional psychosocial support is provided to individuals through individual and group sessions that assists them in developing inner reSoUrS to cope with the stress and trauma that they are experiencing as a result of war and to help them ie-orientale their lives to their currenl circumstances. Two psychologists provided psychosocial assistance to around 500 people in Lviv and weslem Ukraine in 2024 through group work and indimdual consultations. assisting them to reconnect with inner resources. The program also assists with social adaptation $0 Ihat those receiving psychosocial assistance are better able to re-orientate to their lives to their new circumstances that have changed due to the war, including support in finding required social services, employment, parent clubs, etc. Fundraising activities The charity does not participate in any external fijndraising activities nor does it engage any professional fundraising seTvi¢es. Financial review Financial position Total income for the year amounted to £35,47212023.' £262.283}. There has been decreased activity this year which is also reflected in expenses- project expenditure amounted to £20,883 (2023.. £323.748}. Total reserves at the year end amounted to deficit of £9.038 {2023.' £23,625 deficitl- Unrestricted funds held amounted to a deficit of £10.59212022'. £23,884 deficit), this total includes fixed assets of £Nil12023= £107). Principal funding sources The Prograrnmes Co-ordinator and consultants provide information and submit funding applicab'ons for the charity's work lo grant-making bodies, predominantly in the United Kingdom. European Union and the United States. Reserves poli¢y The reserves policy set out by the trustees is to hold sufficient total fund5 to provide for at least three months core running costs. Currently the reserves are below that level. the trustees have put in place plans to produce sufficient surpluses over the next 2 to 3 years lo meet their reserves objective. Page 3
Centre For Peacebuildin And Communl Develo ment Peacebuildin UK ort of the Trustees for the Year Ended 31 De¢ernber 2024 STRATEGIC REPORT Financial revlew Going concern The trustees recognise that there are risks to the charity's ability to continue as a going concern. The main risks are the deficit in reserves. and the difficult funding climate for charities working in the area of benefit, explained earlier in this reporL The trustees have discussed the current fundraising pipeline, funding opportunities and cash in the bank. sufficient to pay core running costs. in order to assess PBUK as a going concern. In 2024 we were able to more than halve the deficit left from 2023 and encouraged by this positive trend. A number of successful. small-scale fvnding proposals have already been achieved in 2025. In addition there is a strong commitment from the team and partners on the ground to continue their important work even on a voluntary basis. The trustees have assessed the following 12 months and in their opinion PBUK is a going concern and will remain in activity for that period, therefore the financial statements have been prepared on a going concern Funds in deficlt The unrestricted fund is currently showng a deficit of £10.592. A loan of £10,000 was obtained further details are shown in note 18. The Trustees are working to secure new funding sources and have cut expenditure. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its goveming document. a deed of trust, and constitutes a private limited company. limited by guarantee. as defined by the Companies Act 2006. Recruitment and appolntment of new trustee$ Trustees are elected at the Annual General Meeting on the recommendation of the trustees or on a proposal by a member of the company. Trustees may co-opt additional or replament members of the board during the year until the nexi annual meeting when they are eligible for re-election. To ensure that the board includes a wide and appropriate mix of capabilities. it is our practice to advert15e vacancies publidy. Organisational structure The Iruslees meet at regular intervals, wheie all significant issues are discussed and agreed. The Iruslees guide the Programmes Co-ordinator and the company secretary on a regular, often daily, basis which enables the trustees to maintain the overall management of the charity. Induction and training of new trustees New trustees are invited to information meetings at which existing trustee5 explain the statutory responsibilities of a Irustee and the procedures and systems of the charity. Key management remuneration Salaries are based on proportions ot the National Joint Council local government rates which are agreed by the trustees. Related parties Any related party transactions requiring disclosure have been detailed in the notes to the accounts. Risk management The trustees have a duty to identify and review Ihe risks to which the charity 15 exposed and to ensure appropriate controls are in place lo provide reasonable assurance against fraud and error. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 04779336 {England and Wales) Registered Charity number 1105864 Page 4
Centre For Peacebuildin And Communl Develo ment Peacebuildin UK ort of the Trustees for the Year Ended 31 De¢ember 2024 Registered office Thurlibeer Stratton Bude Cornwall EX23 9NP Trustees Mrs B Chilaeva Ms C E Dunmore Ms R Gillies J M Peacock Ms J A Schofield Ms A Biriukova Mrs T Williams (appointed 917125) Company Secretary D Smelanin Independent Examiner Metherell Gard Ltd Chartered Accountants Burn View Bude Cornwall EX23 8BX Bankers Barclays Bank UK PLC PO Box 299 Bimiingham B1 3PF Key management personnel Programmes cordInatOr Mr C Hunter Administrator Mr D Smetanin This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. Report of the trust directors, on es inco ating a Strategic report, approved by order of the board of trustees, as the company and signed on the board's behalf by.. Ms R Gillies - Trustee Page 5
Inde endent Examinerfs Re ort to the Trustees of Centre For Peacebuildin And Communl Develo ment Independent examiner's report to the trustees of Centre For Peacebuilding And Community Development ('the Company'} report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2024. Responsibilitie$ and basi$ of report As the charity's trustees of the Company land 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.). Hawng 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 Charitie5 Act 2011 {'the 2011 Act,). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145{51 {bl of the 2011 Act. Independent examineffs ststement I have completed my examination. I confirm that no matters have come to my attenlion in connection with the examination giving me cause to believe.. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Acl- or the accounts do not accord with those records., or Ihe accounts do not comply with the accounting requiremenls of Section 396 of the 2006 Act other than any requirement thal the accounts give a true and fair view which is not a matter considered as part of an independent examination- or the accounts have not been prepared in accordance with the methods and principle5 of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 102)). I have no concerns and have come across no other matters in connection wth the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. David Nige ox FCA The Institute of Chartered Accountants in England and Wales Metherell Gard Ltd Chartered Accountants Burn View Bude Cornwall EX23 8BX Date.. Page 6
Centre For Peacebuildin And Communl Develo ment Peacebuildin UK Statement of Financial Activities oratin an Ineorne and Ex endlture Account for the Year Ended 31 December 2024 Incor 2024 Total funds 2023 Total funds Unrestricted funds Reslricted funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 15.610 540 16,150 281 Charltable activities International projects 2,501 16,821 19,322 261,996 Investment income Total 18,111 17,361 35,472 262.283 EXPENDITURE ON Charitable activities International projects 4.819 16.064 20,883 323,748 NET INCOMEI{EXPENDITUREI 13.292 1,297 14,589 {61,465) RECONCILIATION OF FUNDS Total fund5 brought fOard (23,884} 259 {23.6251 37,840 TOTAL FUNDS CARRIED FORWARD (10.5921 1.556 {9,0361 (23.625) The notes form part of these financial statements Page 7
Cgntre For Pgacebuildin And Communi Develo ment iSted number: 04779336 Peacebuildin UK Balance Sheet 31 December 2024 2024 2023 Notes FIXED ASSETS Tangible assets 12 107 CURRENT ASSETS Debtors Cash at bank and in hand 13 2.500 2.064 17,251 2,373 4,564 19,624 CREDITORS Amounts falling due within one year 14 (13,6001 143,356) NET CURRENT ASSETSI(LIABILITIES) (9,0361 123,732) TOTAL ASSETS LESS CURRENT LIABILITIES (9,0361 123.625) NET ASSETSI(LIABILITIESI (9,0361 123.625) FUNDS Unrestricted ndS Restricted funds 17 {10,5921 1,556 {23.8841 259 TOTAL FUNDS 19.0361 {23.6251 The charitable company is entitled to exemption frorn audit under Section 477 of the Companies Act 2006 for the year er7ded 31 December 2024. The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordan with Section 476 ofthe Companies Act 2006. The trustees aCknOedge their responsibilities for lal ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and preparing financial statements which give a true and fair view of the state of affairs of the charitable rnpanY as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply wlh the requirements of the Companies Act 2006 relating to financial slalements. so far as applicable to the charitable company. {b) These financial slalements have been prepared in accordan with the provisions applicable to charitable companies subject to the small companies regime. The financi statements were approved by the Board of Trustees and authorised for issue i¥tD.4.'12D.2,¥........ on and were signed on its behalf by.. R Gillies Trustee The notes fomi part of these financial 51aterllents Page 8
Centre For Peacebuildin And Communl Develo ment Peacebuildin UK Notes to the Financial Statements for the Year Ended 31 December 2024 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 accordan with the Charities SORP {FRS 102} 'A¢counting 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 IFRS 1021 (effective 1 January 2019}', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companie5 Act 2006. The financial statement5 have been prepared under the historical cost convention. Flnancial reporting standard 102- reduced disclosure exemptions The charitable company has taken advantage of the followng disclosure exemption in preparing these financial statements. as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland,: the requirements of Section 7 Statement of Cash Flows. In¢ome All income. in particular income from grants. 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. Grants Receivable Grants re1vable are considered by the trustees when the grant has been notified. The trustees consider if there are p&rftirmance related conditions that apply to the grant or it is time specified. Grants that are subjecl to performance related conditions. received in advance of delivery the services required by that condition, are accounted for as a liability and shown on the balance sheet a5 deferred income. Deferred income is released to income in the reporting period in which performance related or other conditions that limit recognition are mel. 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 costs related lo the category. Where costs cannot be directly attributed to particular headings they have been allocated to activitie5 on a basis consistent with the use of resources. Grants are accounted for when a contract has been signed by both the charity and the recipient Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure. Charitable aetivltles Costs of charitable activities include project expenditure and attributable support costs. Project expenditure includes grants made to third parties in the furtherance of the objectives of the charity. Governance ¢osts Governance costs comprise all costs involving the public accountability of the charity and its Complian with regulation and good practice. Allocation and apportionment of costs All support costs have been attributed to charitable activity. As the charity only undertakes one activity, further apportionment is not necessary. The tnjstees acknowledge that a proportion gf support costs relate to the governance of the charity. however the arnounts are not considered material. Tangible fixed assets Tangible fixed assets are slated at cost lor deemed costl or valuation less accumulaled depreciation and accumulated impaiment losses. Cost includes costs directly attributable to making the asset capable of operating as intended. Depreciation 15 provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value. of each asset on a systematic basis over it5 expected useful life as ft)Ilows.- Page 9 continued...
Centre For Peacebuildin And Communi Develo ment Peacebuildin UK Notes to the Financial Statements - continued for the Year Ended 31 December 2024 ACCOUNTING POLICIES- ¢onUnued Tangible fixed assets CompLtter equipment 33.34A per annum straight line basis All computer equipment is included at historic cost and is reviewed for impairment at each balance sheet dale. Taxation The charity is exempt from corporalion tax on its charitable activities. Fund accounting Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees which include a general fiJnd. Restricted funds can only be used for particular restricted purposes wthin 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 lo the financial statements. Foreign currencies Financial assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterting at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result and are included in unrestricted funds to meet future potential exchange rate losses. The movement in the year amounted to loss on exchange of £766 {2023.'£2.81310s$1. Pension costs and other post-retirement benefits The charitable company operates a defined contribution pension scheme. Contributions payable lo the charitable companvs pension scheme are charged to the Statement of Financial Activities in the period to which they relate. Expenditure is allocated to restricted project costs where provided in the project budgets. Financial instruments The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value. Debtors and creditors recelvable I payable within one year Debtors and creditors wth no stated interest rale and receivable or payable within one year are recorded at transaction pri. Any105ses arising from irnpairment are recognised in expenditure. Going Concern The trustees recognise that there are risks to the charitys ability to continue as a going concern. The main risks are the deficit in reserves. and the difficult funding climate for charities w01ng in the area of benefit. explained earlier in this report. The trustees have discussed the current fundraising pipeline, funding opportunits'es and cash in the bank. sufficient to pay core njnning costs. in order lo assess PBUK a5 a going concern. There is a strong commitment from the tearn and partner5 on the ground to continue their important work even on a voluntary basis. The trustees have assessed the following 12 months and in their opinion PBUK is a going concern and will remain in activity for that period. therefore the financial statements have been prepared on a going conrn basis. Page 10 continued...
Centre For Peacebuildin And Communl Develo ment Peacebuildin UK Notes to the Financial Statements- continued for the Year Ended 31 December 2024 DONATIONS AND LEGACIES 2024 2023 Donations 16.150 281 INVESTMENT INCOME 2024 2023 Deposit account interest INCOME FROM CHARITABLE ACTIVITIES 2024 2023 Activity International projects Project income 19.322 261,996 Grants Receivable Grants receivable are considered by the trustees when the grant has been notified. The trustees consider if there are performance related conditions that apply to the grant or it is time specified. Grants that are subject to performance related conditions. received in advance of delivery the se*vices required by that condition. are accounted for as a liability and shown on the balarsce sheet as deferred income. Deferred income is released to income in the reporting period in which performance related or other conditions that limit recognition are met. Further details of the projects can be found in the trustees report CHARITABLE ACTIVITIES COSTS Grant funding of activities (see note 6} Support costs (see note 71 Direct Costs Totals Intemational projects 12,336 6,007 2,540 20,883 GRANTS PAYABLE 2024 2023 International projects 6.007 120,750 The total grants paid lo institutions duTing the year was as follows.. 2024 2023 Local partner NGO and sub-grant partners 6,007 120.750 Grants to local artners NGOS: 'Humans Rights. project,. £495 was paid to local partners in completion of the project as described in the trustees report. 'Philanthropy' project,. £5,512 was paid lo local partners to further the aims of the project as described in the trustees report. The partner organisations remain anonymous due to the sensitive natu of their work and potential security threats to local NGO5. All grants that have been made are regarded as project expenditure. Page11 continued...
Centre For Peacebuildin And Communi Develo ment Peaeebuildin UK Notes to the Financial Statements- continued for the Year Ended 31 December 2024 SUPPORT COSTS Governance costs Management Finance Totals International projects 317 228 1,995 2,540 NET INCOMEIIEXPENDITUREI Net incomel{expendilurel is stated after chargingl{crediting): 2024 2023 PBUK Audit Non UK auditors Auditors, remuneration for non audit work Depreciation - owned assets 2,400 (187} 3.600 239 1,800 107 TRUSTEES. REMUNERATION AND BENEFITS Thefe were no trustees, remuneration or olher benefits for the year ended 31 December 2024 nor for the year ended 31 December 2023. TTUStees' expenses Included in trustee meeting expenses are trustee's travel costs for one of the trustees, the total paid during the year is £195 {2023.' £579.. three trustees) 10. STAFF COSTS 2024 2023 Wages and salaries Social security costs Other pension costs 8.472 76,549 2,554 4.096 592 9,064 83,199 The average monthly number of employees during the year was as follows.. 2024 2023 Administration staff Management staff No employees received emoluments in excess of £60.000. The employee benefits of the key management personnel was £8,33312023'. £77,587}. Page 12 continued..
Centre For Peacebuildin And Communi Develo ment Peaeebulldin UK Notes to the Financial Statements - continued forlhe Year Ended 31 December 2024 11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestr(cted funds Restricted funds Total funds INCOME AND ENDOWMENTS FROM Donations and legacies 281 281 Charltable activities International projects 662 261,334 261.996 Investment income Totsl 949 261,334 262.283 EXPENDITURE ON Charitable activities International projects 37,065 286.683 323,748 NET INCOMEI{EXPENDITURE> (36,1161 (25,6041 {25.349) 25,604 161.4651 Transfers between funds Net movement in funds (61,7201 255 (61,4651 RECONCILIATION OF FUNDS Total funds brought forward 37,836 37.840 TOTAL FUNDS CARRIED FORWARD 123,884) 259 123.6251 12. TANGIBLE FIXED ASSETS Computer equipment COST At 1 January 2024 and 31 December 2024 725 DEPRECIATION At 1 January 2024 Charge for year 618 107 At 31 December 2024 725 NET BOOK VALUE Al 31 December 2024 At 31 December 2023 107 Page 13 continued...
Centre For Peacebuildin And Communi Develo ment Peacebuildin UK Notes to the Financial Statements- continued for the Year Ended 31 December 2024 13. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Prepayments and accrued income 2,500 17,251 14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Other loans (see note 151 Trade creditors Accruals and deferred income 10,000 1,800 1,800 20,000 19.756 3,600 13.600 43,356 15. LOANS An analysis of the maturity of loans is given below.. 2024 2023 Amounts falling due within one year on demand- Other loans 10,000 20,000 16. ANALYSIS OF NET ASSETS BETWEEN FUNDS 2024 Total ftjnds 2023 Total fijnds Unreslricted funds Restricted funds Fixed assets Current assets Current liabilities 107 19.624 (43.3561 3,008 {13.6001 1.556 4,564 113,600) (10,5921 1.556 19,036) (23.6251 17. MOVEMENT IN FUNDS Net movement in funds Al 31.12.24 Al 1.1.24 Unrestricted funds General fund 123.884) 13,292 (10,5921 Restricted funds Creating culture of Peace in the North Cauca5US FPT Europe 259 816 481 1,075 481 259 1,297 1,556 TOTAL FUNDS {23.6251 14,589 19,0361 Page 14 continued...
Centrg For Peacebuildln And Communit Develo ment Peacebuildin UK Notes to the Financial Ststements- continued for the Year Ended 31 December 2024 17. MOVEMENT IN FUNDS- continued Net movement in funds, included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestricted funds General fund 18,111 (4,819) 13,292 Restricted funds Creating culture of Peace in Ihe North Caucasus EC- Supporting Human Rights in Russia FPT Europe Philanthropy 2,826 582 540 13.413 (2,010) 1582) (59) {13,413) 816 481 17,361 (16,064) 1,297 TOTAL FUNDS 35.472 {20,883) 14,589 Comparatives for movement in funds Net movement in funds Transfers between funds At 31.12.23 At 1.1.23 Unrestricted funds General fund 37,836 136,1161 {25,e04) {23.884} Restricted funds Creating culture of pea in the North Caucasus EC- Supporting Human Rights in Russia RM Support 255 125,5871 1171 25g 25,587 17 (25.349) 25.604 259 TOTAL FUNDS 37,840 {61.465) 123.6251 Comparative net movement in funds, included in the above are as follows-. Incoming resources ReSoUrS expended Movernent in funds Unrestricted funds General fund 949 (37,0651 (36.1161 Restricted funds Creating culture of Peace in the North Caucasus EC- Supporting Human Rights in Russia RM Support 220,065 28,680 12.589 1219.8101 (54.2671 (12,6061 255 (25.5871 (171 261.334 (286,6831 (25.3491 TOTAL FUNDS 262.283 1323,7481 161.4651 Page 15 continued...
Centre For Peacebulldln And Communi Develo ment Peacebuildin UK Notes to the Financlal Statements - continued for the Year Ended 31 December 2024 18. RELATED PARTY DISCLOSURES Last year a loan was received from Juliet Schofield totalling £20.000. the balance outstanding at the year end was £10.000. The loan is interest free and has no set repayment schedule. The aggregate total of donations from related parties during the year was £10,020 {2023.' £Nil). 19. RESTRICTED INCOME FUNDS Supporting Human Rights in Russia and Human Rights Communlty Engagement The Eu-funded project (Supporting Human Rights in Russia) of which Pe2blIdIng UK has been the main applicanl provides comprehensive, continuous support to around 20 CSOS that protect. defend and restore human rights in a wde range of fields {women's human rights. rights of LGBT people, htjman rights and the environment etcl, selected in an open call and Ihrough community-based participatory grant-making. Subgrants covering all or much of their core operational needs for a year are complemented with lailor-made and continuous learning, seconded capacities and mentoring provided by leading international and Russian experts which enables them to build a new financial business model based on domestic resource mobilization. Creating a Culture of Peace in the North Caucasus Wotkshops on Power of Goodness and Crealing Cultures of Peace are held regularly with sludents and teachers in schools and with students at the Chechen State University and the Chechen State Pedagogical University. School children explore the way that gender stereotypes and violence affect our lives and how we can build more peaceful and equal relationships. These programs provide a great resource for teaching children, youth and adults to use non-violent methods of interacting with people and to respond appropriately to aggression from others based on the universal human values of goodness. spect, nonviolence and forgiveness. FPT Europe Peacebuilding UK and Friends Peace Teams - Europe and Middle East. jointly provtding support and training to justice and peace workers in the North Caucasus. Ukraine, Kurdistanl northern Iraq and since 2024 in Israell Palestine, in areas surviving and recovering from war and violence. Local psychologists and trainers reach out to children and adults displaced and traumatized by armed conflict and to those wanting to build cultures of peace in their societies to help prevent further violence. They work wth children. parents. teachers. and school counsellors, seeking a just, peaceful path forward. Philanthropy The overall objective of this collaboration was to support the Survival of vulnerable civil society groups by facilitating connection and engagemenl between exiled living outside their country and civil society actors still in the country. To achieve this, we helped to connect expert volunteers with ciwl society organizations with defined capacity and sustainability needs. 20. COMPANY LIMITED BY GUARANTEE The members, liability is limited to £1 per member on the winding up of the charity. The charity has no share capital. Page 16