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2021-08-31-accounts

REGISTERED COMPANY NUMBER: 06339788 (England and Wales) REGISTERED CHARITY NUMBER: 1122834

Report of the Trustees and

Unaudited Financial Statements for the Year Ended 31 August 2021

for

SPIRIT OF PEACE

Ark Accountancy Chartered Certified Accountant 31 Cheam Road Epsom Surrey KT17 1QX

SPIRIT OF PEACE

Contents of the Financial Statements for the Year Ended 31 August 2021

Page
Report of the Trustees 1 to 10
Independent Examiner's Report 11
Statement of Financial Activities 12
Balance Sheet 13
Notes to the Financial Statements 14 to 19
Detailed Statement of Financial Activities 20

SPIRIT OF PEACE

Report of the Trustees

for the Year Ended 31 August 2021

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 August 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The objects for which the Company is established are:

(a) To advance the education of the public in the theory and practice of peace-making and reconciliation

(b) The promotion of equality and diversity for the public benefit

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SPIRIT OF PEACE

Report of the Trustees for the Year Ended 31 August 2021

OBJECTIVES AND ACTIVITIES Significant activities Significant activities - UK

In the year ending August 31st, 2021 Spirit of Peace's UK work was carried out within six main programmes:

1) Pathways for Human Flourishing

1. Pathways for Human Flourishing Programme

Pathways for Human Flourishing is a training programme which has a heart centred approach to creating a culture of peace and human flourishing, applicable to interpersonal, family, community, business and global relationships. The Pathways have been developed drawing on ancient wisdom and contemporary grassroots experience in the UK, as well as from collaboration with Spirit of Peace's partners in The Middle East. The Pathways also draw on the work of Mahatma Gandhi, Dr Martin Luther King, Nelson Mandela and others.

Eli Pariser, president of the MoveOn organisation points to the need for generalists, as well as specialists - people who can draw all the strands together. The Pathways training helps us to develop the skills to become 'societal connective tissue'. In the body connective tissue supports the organs provides a framework, connects all kind of tissue and delivers nutrients. In our communities this training can help us become artisans of positive connection and peaceful change leading to a world oriented towards the common good rather than unbridled individualism, extremism and unhealthy controlling interests.

"You always lead us further along the path of understanding" (Pathways participant)

"The Towards Human Flourishing Series is a great programme and I feel very privileged to have participated in November session." (Pathways participant)

2. Community Engagement Programme

Spirit of Peace continued this programme which addresses the causes of social tension and exclusion and encourages people to work together for the common good. However, we were unable to hold in person events due to the pandemic, but we brought our communities together online, both for events and for finding ways to continue the programme together in the new circumstances and to meet the new needs.

- Arts at the Intersection:

Arts at the Intersection (https://artsattheintersection.org/) is a recently-developed partnership. The launch event took place on 14th June 2020, and since then there have been several more successful events: New Roots (26th July 2020), Treasures of Light and Darkness (29th November 2020) and New Beginnings (21st March 2021). With brilliant participant feedback so far, we are now planning to expand and develop this work.

Arts at the Intersection (https://artsattheintersection.org/) is a recently-developed partnership. The launch event took place on 14th June 2020, and since then there have been several more successful events: New Roots (26th July 2020), Treasures of Light and Darkness (29th November 2020) and New Beginnings (21st March 2021). With brilliant participant feedback so far, we are now planning to expand and develop this work. Heather-Jane has been building her connection with Sevenoaks Welcomes Refugees through attending their online meetings and with Refugees Welcome Crawley.

"As always you are amazing at bringing people together and creating a sense of calm and connection."

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SPIRIT OF PEACE

Report of the Trustees for the Year Ended 31 August 2021

OBJECTIVES AND ACTIVITIES

"That was beyond words wonderful to join with everyone this afternoon - thank you so much for inviting me. It was both a very beautiful and very powerful experience. As always you are amazing at bringing people together and creating a space of calm and connection - Spirit of Peace indeed!! Amazing people - privilege to be among them."

"A very inspirational integration of cultural sharing and understanding. I enjoyed it all. The musical instruments echoing back and forth, the poetry, the art, the language, the cook book, stories ... sharing ... and the room shares. Lovely blend of cultures merging. Thank you."

- Kingian Nonviolence Conflict Resolution

This is a well-established area of Spirit of Peace's work, which has been successfully delivered to a diverse range of ages and abilities, including in schools, and with a community of learning-disabled adults, who have been trained as Peace Ambassadors to take an active role. We currently have a small amount of funding to present Kingian methods to young people in schools and community groups.

"Life changing experience. This course should be compulsory in schools. A great structured system to understand the dynamics of violence and peace. A masterpiece. Thank you so much for giving me this opportunity."

"For me personally, who comes from Rwanda, a country ravaged by a multifarious violence in its recent tragic history of war and genocide against the Tutsi, the course came too late. However, as we are going still through the process of national reconciliation, reflections on the Kingian Nonviolence Conflict Reconciliation can help understanding where we went wrong and draw lessons in order to apply its principles and steps to help in the situations of conflict at home and in the Great Lakes Region."

"It brought together people from different political and religious persuasions and none, as well as different ethnic background and positions in the community. It was enriching to gather together in the 'spirit of peace' and understanding to reflect together on the relevance of the Kingian Nonviolence Conflict Reconciliation for our world today in the 21st Century."

- Community Conversations:

Throughout the year we held community conversations online to bring people together to share and inspire one another at this difficult time. "Transforming Conversations" is one of the pathways in our Human Flourishing programme and a major way in which community relationships and cohesion can develop.

- Gloucestershire

We were unable to hold in-person meetings, due to the pandemic, but had several meetings online with members of the communities here, including an interfaith celebration of the festival season, bringing together people from across Gloucestershire, creating a sense of wellbeing and tackling isolation.

3. UK Friends of Hope Flowers

We continued to support the Hope Flowers School, Bethlehem, and our other partners for peace. The support for Hope Flowers School takes place under the project UK Friends of Hope Flowers, and we continued to raise funds and the profile of the school. We also supported a link between the Hope Flowers School and the Roselyn House School in the UK. We are pleased to continue to work in co-ordination with other international friends of the school, in Europe and the United States.

Together with our international friends, we have been able to raise money to enable those families who need it to access food to meet their most basic needs. We have also raised funds to pay the school fees for pupils from refugee camps to attend the school.

A Note about Hope Flowers:

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SPIRIT OF PEACE

Report of the Trustees for the Year Ended 31 August 2021

OBJECTIVES AND ACTIVITIES

Hope Flowers School has been providing an education for primary school children close to the historic Palestinian town of Bethlehem for over 30 years. The school has built a world-wide reputation for its progressive educational methods - in particular working with children with special educational, social and physical needs - and for its trauma support programme.

The majority of the pupils live in refugee camps (mostly Deheisha Camp) and many of the parents struggle to meet the basic needs of their children. Lockdown in the West Bank has had severe consequences for the Palestinian population where - even before Covid-19 - around 50% people were living at or below the poverty line (according to UN reports). Unemployment has risen dramatically as a result of the lockdown measures.

We have also been able to contribute to the general running costs and staff salaries.

4. Oxford Three Faiths Encounter

We have been unable to hold in person meetings in 2020 and 2021. We are planning a residential event at St. John's College for Spring 2022 and in the meantime, we are holding a series of evening events on relevant topics. This is creating a wider network of people who are committed to building bridges between faith groups. Please see below a representative selection of activities which took place in the year ended 31st August 2021

Oxford Three Faiths is a collaboration which builds increased understanding between Christianity, Judaism and Islam. The Three Faiths Week has been held since 2018. In-person events were on pause during 2020-2021. However, we have continued to hold online events. On 18th February 2021 we presented Insight on Interfaith Marriage with Dr. Reverend Bonni-Belle Pickard. In May and June, we presented a series of online events on Climate Change, including guest speaker Celia Deane Drummond (Director of the Laudato Si' Institute) and a panel discussion with our team. Our online events are creating a wider network of people who are committed to building bridges between faith groups. We are planning a residential event in Oxford in March 2022, focusing on climate change and leadership for action.

"A subtle shift of perspective gradually evolved during the week as the followers of these three great Faiths explored coming together socially and academically maintaining separate identities, but nurturing love, respect and understanding between communities." 2019 Oxford Faith Encounter Participant

"It was blindingly obvious that the faith we each practised reflected our cultural background and what we were taught as kids. The historical gross cruelty inflicted by one religious group on another, the present swirling political eddies of Islamophobia, anti-Semitism or vilification of Christianity seemed increasingly nonsensical as understanding leading to mutual regard grew between the participants during the week…." 2019 Oxford Faith Encounter Participant

5) Friends for Peace and Global Flourishing

Spirit of Peace is pleased to begin this new series of events and educational videos based on nearly two decades of working together towards a world of peace and flourishing for all, with partners in the UK and abroad. Initially by Zoom, we will host interactive talks and workshops.

Even as the world faces multiple crises and increasing polarisation, there is a growing awareness of the interconnected nature of life on Planet Earth. These events will allow us to connect or reconnect with our renowned peace partners and speakers, connect with like-minded people who are committed to working together for the common good for the flourishing of the Earth and our planet, and learn from each other's work and experience.

6) Flourishing.Global

We are excited to report that there has been much development in this area of work. We have been though a UX design programme with a volunteer who continues to be very helpful with the overall content and goals of the web/hub site. We also are delighted to report that much of the branding for this site has been developed by one of our amazing volunteers.

There is an urgent need for citizen action to combat biodiversity loss and climate change. Many concerned citizens are ready to take action, and need education, community-building and connection with projects to empower them to do so. Flourishing.Global addresses this need.

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SPIRIT OF PEACE

Report of the Trustees for the Year Ended 31 August 2021

OBJECTIVES AND ACTIVITIES

A conceptual framework for this work has already been developed. Work with other partners has shown that an arc of learning is important to engage new citizens and to achieve greater engagement from people who are already concerned. This arc of learning can include: a lament/recognition over what has already been lost, connecting with other citizens and projects, encouraging connection with the natural world (through, for example, fieldwork/eco-pilgrimage), guiding citizens towards grassroots action for positive change, and providing friendship, support and accountability for ongoing action.

Much groundwork has already been completed for the Flourishing.Global hub website. A volunteer has developed professional branding, and we have made progress with a UX process to shape the website, ensuring its relevance and maximising the benefit it can provide.

Product Development

In addition to raising funds to support Spirit of Peace's other programmes, our wellbeing products are encouraging reflection, peace and wellbeing, and strengthening connections for individuals with the wider Spirit of Peace community. We have recently redesigned our Essence of Peace candle range, and are now working on a new Earth Essence candle range, as well as selling calendars and mugs for Arts at the Intersection. Here are some excerpts from feedback on our Essence of Peace candles, which are expertly made by Sevenoaks Candle Company and contain a relaxing and peaceful blend of rosewood, orange and frankincense pure essential oils:

"Perfect" "lasts a long time" "I use them every day"

"The candle arrived this morning. Thank you so much! Gosh, it's a beautiful smell, isn't it?"

Significant activities Middle East

We continued to foster our links and support our partners in the Middle East, including Jerusalem Peacemakers, Sheikh Ghassan Manasra/Lights of Peace Society, Hope Flowers School, Bethlehem, and other partners.

During this difficult time of the pandemic, we focused our attention on maintaining connections, planning for the future where possible, and supporting our partners in the extreme situations they are facing. This support included raising funds to support them, making connections, and raising awareness of their work.

Other Middle East Partners

We continued building our connections with our various partners in the Middle East, and are planning future work together, including under our Arts at the Intersection and Friends for Peace and Global Flourishing projects. We publicised events for various partners and people in our wider Middle East network as well as creating and disseminating a video on the work on Professor Mazin Qumsiyeh from Bethlehem in carrying out research, creating a botanical garden, and tackling climate change.

Volunteers

We continue to be thankful for the generous input of volunteers. We have an effective supporter base, some of whom volunteer on an ad hoc basis and many who make regular contributions. Many of the charity's events are organised through our local contacts and partners, ensuring that the events are relevant and appropriate to the locality. Our new initiatives in social media and video making have attracted 10-12 new volunteers, most of whom are interested in both short-term and ongoing work. We are continuing our programme of advertising for volunteers, particularly to help with reaching out to businesses, marketing, improving our newsletter and making regular updates to social media.

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SPIRIT OF PEACE

for the Year Ended 31 August 2021

Report of the Trustees

ACHIEVEMENT AND PERFORMANCE

Charitable activities

Spirit of Peace works to create individual and community flourishing and wellbeing through innovative events, sharing skills and encouraging others to work together for the common good. We aim to be "connective tissue" in society, fostering inclusion, stronger communities and harmony, responding in particular to minority and disadvantaged groups.

Achievements:

Participant and partner feedback confirms that our work has achieved:

"...gives me hope for a good future where people feel a deep commitment to people beyond family, tribe, immediate community, nation etc. the event was profound."

"...creating an opportunity for concerned citizens to gather together in ways that are entirely new...in Gloucestershire. Thus people from very different cultural communities...gather together and work together to build understanding."

"I really enjoyed the event the other evening. I learnt loads and I had a sense of togetherness and some kind of gentleness too. I Hope there will be more similar events. I admire your resolve and that of your colleagues in keeping this going and making it happen. I really enjoyed it. It really was quite a treat."

"As always you are amazing at bringing people together and creating a sense of calm and connection"

"What a precious afternoon. Thank you for hosting us all and putting together such an interesting program. Seeing and meeting the Syrians, hearing Syrian music...even listening to Arabic, my first time ever to hear that language, all, were so special to me...The whole experience was a treat."

General Activities and Personnel

Social Media

The use of digital was needed to help Spirit of Peace continue to connect our communities during Covid-19, to grow, and improve its reach and impact. Because of one of Spirit of Peace's strategic goals of connecting local and global, digital is the most suitable and sustainable approach to building and maintaining these inspiring connections. Dealing with complex and interconnected issues in a global society, these kinds of connections become paramount. Our networks are UK-wide as well as global, and to continue to engage concerned citizens and galvanise work for the common good, we are now facing the challenge of extending the reach of our education courses in citizenship and nonviolence into digital formats.

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SPIRIT OF PEACE

Report of the Trustees for the Year Ended 31 August 2021

We were challenged to create an upgraded website partly by funders. The recreation of two websites (www.spiritofpeace.co.uk and www.artsattheintersection.org) occurred in 2021. We took strategy advice from experienced people and hired a professional web developer, at a charity discount. The website, our Mailchimp newsletter, and social media channels are now connected. A volunteer helped rebrand the charity with updated logo and brand guidelines, giving us a consistent brand and image. Our CEO, and a volunteer, provide blog content for the website, keeping it current. We have increased our content on our existing Facebook, Instagram and Twitter accounts, and added a Youtube for Nonprofits channel, LinkedIn, and Pinterest.

Funding

We have made progress with our programme of applying to trusts for funding and are pleased to have received "Covid support grants" which have enabled us to continue our programmes, as well as grants for specific projects and core funding. We are developing new products for sale, including Earth Essence candles, mugs and other calendars.

Personnel

Chief Executive Officer: has continued to develop strategic relationships with potential partner organisations and individuals across the UK and has played a pivotal role in maintaining, monitoring and developing Spirit of Peace's work and partnerships in the Middle East. The CEO has continued to carry out a large part of the administrative work of the charity.

In addition, the CEO has:

Administration, project work and development: We have three members of this team, one of whom is currently having some time out for personal reasons. Two other administrative assistants/project development workers work with the CEO on core administrative tasks, fundraising, project and product development.

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SPIRIT OF PEACE

Report of the Trustees

for the Year Ended 31 August 2021

FUTURE PLANS

Our future planning still takes into account the global pandemic. Currently our events in the very near future are planned to be online rather than face-to-face. However, we are beginning to plan in-person events later in the year, including a hybrid Three Faiths Encounter on Climate Change in Oxford in March 2022.

We currently have five Trustees so have concentrated our efforts on volunteer recruitment, however, we will be looking to add to our Trustee board in 2022, mainly through the Reach Volunteering platform.

Friends for Peace and Global Flourishing

We are planning to hold a Young People's Online Panel with students from across the globe who were nominees for the Chegg Global Student Award. Each of these impressive students has taken part in video interviews for Spirit of Peace. Alongside the events to be held, we will also be building a library of resources and videos from this series.

Flourishing.Global

We are currently applying for funding to develop and go online with the Flourishing.Global website. We are developing local partnerships with partners. who will take part in two planned events in Kent, aimed at informing, educating and creating citizen action to tackle local biodiversity loss and climate change.

We are planning online events with our communities in Gloucestershire, with Oxford Three Faiths and Arts at the Intersection in various localities including Kent and Sussex.

Kingian Nonviolence

We will be producing some short videos to demonstrate what we can offer and to inform people about the Kingian Nonviolence Training. Using this proven methodology, we are now hoping to reach as many participants as possible with this impactful work, investing in the minds of young people the tools of peaceful resolution of conflict and building harmonious relationships.

Pathways for Human Flourishing

In the year ending August 2022 we will be developing both the online and printed resources for this programme.

Arts at the Intersection

With brilliant participant feedback so far, we are now planning to expand and develop this work, particularly bringing people together in person from Spring 2022.

Oxford Three Faiths

We are planning a series of online events for Autumn 2021 and Spring 2022 as well as an in-person conference on faith-based action for climate change.

Social Media

Having considerably developed our social media and engaged new platforms, we will be advertising for further communications volunteers and video editors, in order to make the best use of these platforms and extend our reach.

Dropbox

We are planning to upgrade our Dropbox to enable our team to work more efficiently.

International

We are planning to establish Zoom meetings to engage our UK supporters with the work in the Middle East, as the inspiration our Middle East partners provide is a great stimulus to the work in the UK, and our support for our partners enables them to continue their crucial roles.

Spirit of Peace will continue to strengthen its links with other international supporters of Hope Flowers School, Bethlehem, in Europe and North America. We will continue to support the link between Hope Flowers and a UK school. With the rapidly changing situation in Palestine and Israel, we will review with our partners how best to be involved and offer support in the future.

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SPIRIT OF PEACE

Report of the Trustees for the Year Ended 31 August 2021

Our international partners have been a catalyst for our UK work, and we are also exploring the possibility of working with them to deliver further training in community facilitation and peace building.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

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

Recruitment and appointment of new trustees

During the year ended August 2021, the board appointed new Trustees, and wishes to appoint further trustees, to provide expertise in social media and finance. The board seeks relevant specialist skills with relation to structure and governance, fundraising and expertise in community cohesion, peace and reconciliation work, in seeking new appointees.

Induction and training of new trustees

Our preferred selection process involves potential trustees undertaking some joint work with Spirit of Peace which will help to familiarise them with the values and processes of the charity and enable better understanding and assessment on both sides. We recognise that in some circumstances this may not be practical, in which case selection will be by interview and application form which all potential trustees must complete. The process of selection may also include attendance at a trustees meeting.

After appointment, new trustees will take part in an orientation meeting during which they will be given a copy of the Memorandum and Articles of Association, in addition to other key documents. As part of the induction, new trustees will be informed of their legal obligations under charity and company law. The content of any induction programme will be agreed with the new Trustee to meet their individual needs.

Trustees Meetings

All Trustees' Meetings took place online, partly due to the pandemic, and in between meetings, a couple of resolutions were passed via emails, in order to respond to changing circumstances. Between Trustees' meetings, the CEO consulted with various members of the board as necessary.

Wider network

Spirit of Peace operates within a wider network of community groups and charities working with similar principles and practices and is continuing to develop ongoing partnerships wherever possible, both in the UK and abroad. Networking and building partnerships are an essential part of our work to build safer, stronger and flourishing communities. This year, we have started to build partnerships with two refugee support groups.

Related parties

Beyond the UK partnerships mentioned above, Spirit of Peace has continued to work with partners in the Middle East, including: Rodef Shalom Eliyahu McLean, Sheikh Ghassan Manasra and the Lights of Peace Society in Nazareth. In Bethlehem, we continue to support the Hope Flowers School for Peace and Democracy.

Our partnerships and collaborations create a broad base and ensure our work is community-led, meeting the needs of local, national and international communities.

Risk management

We are continuing to identify future risks and developing a contingency plan, relating to staffing, trustees, volunteers and financial risk. We also plan to create further policies regarding conflicts of interest and health and safety. In keeping with our status as a small or micro charity, albeit with a large reach, we are careful not to over-extend ourselves financially and we ensure that we only carry out operations for which finance has been secured. We also keep a financial reserve to cover essential costs.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

06339788 (England and Wales)

Registered Charity number

1122834

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SPIRIT OF PEACE

Report of the Trustees

for the Year Ended 31 August 2021

Registered office

31 Cheam Road Ewell Epsom Surrey KT17 1QX

Trustees

Dr B C Payman Psychotherapist Mrs C L Sinclair Training consultant (resigned 9.3.21) Ms M J Ozanne Chartered Engineer Ms J Golding Volunteer Co-ordinator Ms G Cobb Trustee (appointed 15.12.20) E A Lancaster Man Director, Utter Rubbish Ltd (appointed 13.1.21)

Company Secretary

Dr B C Payman

Independent Examiner

Mary E Ryan FCCA, Cert PFS, DChA Ark Accountancy Chartered Certified Accountant 31 Cheam Road Epsom Surrey KT17 1QX

Bankers

NatWest Bank plc 67 High Street Sevenoaks Kent TN13 1LA

The Co-operative Bank plc PO Box 101 1 Balloon Street Manchester M60 4EP

Santander Bank plc 301 St Vincent Street Glasgow G2 5NT

Chief Executive

Heather-Jane Ozanne

Approved by order of the board of trustees on 22 April 2022 and signed on its behalf by:

Ms J Golding - Trustee

Page 10

Independent Examiner's Report to the Trustees of SPIRIT OF PEACE

Independent examiner's report to the trustees of SPIRIT OF PEACE ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 August 2021.

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.

Mary E Ryan FCCA, Cert PFS, DChA Ark Accountancy Chartered Certified Accountant 31 Cheam Road Epsom Surrey KT17 1QX

22 April 2022

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SPIRIT OF PEACE

Statement of Financial Activities

for the Year Ended 31 August 2021

31.8.21 31.8.20
Unrestricted Restricted Total Total
funds funds funds funds
Notes £ £ £ £
INCOME AND ENDOWMENTS FROM
Charitable activities
Peacemaking & reconciliation 5,421 27,901 33,322 18,380
Investment income 2 1 - 1 1
Total 5,422 27,901 33,323 18,381
EXPENDITURE ON
Charitable activities
Peacemaking & reconciliation 5,218 19,608 24,826 16,828
NET INCOME 204 8,293 8,497 1,553
Transfers between funds 9 (1,257) 1,257 - -
Net movement in funds (1,053) 9,550 8,497 1,553
RECONCILIATION OF FUNDS
Total funds brought forward 13,049 6,398 19,447 17,894
TOTAL FUNDS CARRIED FORWARD 11,996 15,948 27,944 19,447

The notes form part of these financial statements

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SPIRIT OF PEACE

Balance Sheet

31 August 2021

31.8.21 31.8.20
Unrestricted Restricted Total Total
funds funds funds funds
Notes £ £ £ £
CURRENT ASSETS
Debtors 6 275 1,045 1,320 1,570
Cash at bank and in hand 13,247 14,903 28,150 20,749
13,522 15,948 29,470 22,319
CREDITORS
Amounts falling due within one year 7 (1,526) - (1,526) (2,872)
NET CURRENT ASSETS 11,996 15,948 27,944 19,447
TOTAL ASSETS LESS CURRENT
LIABILITIES 11,996 15,948 27,944 19,447
NET ASSETS 11,996 15,948 27,944 19,447
FUNDS 9
Unrestricted funds 11,996 13,049
Restricted funds 15,948 6,398
TOTAL FUNDS 27,944 19,447

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2021 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

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

The financial statements were approved by the Board of Trustees and authorised for issue on 22 April 2022 and were signed on its behalf by:

J Golding - Trustee

The notes form part of these financial statements

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SPIRIT OF PEACE

Notes to the Financial Statements for the Year Ended 31 August 2021

1. 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.

Financial reporting standard 102 - reduced disclosure exemptions

The charitable company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':

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.

2. INVESTMENT INCOME

INVESTMENT INCOME
31.8.21 31.8.20
£ £
Interest on tax refunds 1 1

continued...

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SPIRIT OF PEACE

Notes to the Financial Statements - continued for the Year Ended 31 August 2021

3. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 August 2021 nor for the year ended 31 August 2020.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 August 2021 nor for the year ended 31 August 2020.

4. STAFF COSTS

The average monthly number of employees during the year was as follows:

31.8.21 31.8.20

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

5.

COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
Restricted
funds
funds
£
£
INCOME AND ENDOWMENTS FROM
Charitable activities
Peacemaking & reconciliation
19,311
(931)
Investment income
1
-
Total
19,312
(931)
EXPENDITURE ON
Charitable activities
Peacemaking & reconciliation
4,598
12,230
NET INCOME/(EXPENDITURE)
14,714
(13,161)
Transfers between funds
(8,060)
8,060
Net movement in funds
6,654
(5,101)
RECONCILIATION OF FUNDS
Total funds brought forward
6,395
11,499
TOTAL FUNDS CARRIED FORWARD
13,049
6,398		 Total
funds
£
18,380
1
18,381
16,828
1,553
-
1,553
17,894
19,447

Page 15

continued...

SPIRIT OF PEACE

Notes to the Financial Statements - continued for the Year Ended 31 August 2021

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.21 31.8.20
£ £
Other debtors 1,320 1,570
7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.21 31.8.20
£ £
Other loans (see note 8) 873 975
Other creditors - 1,244
Accrued expenses 653 653
1,526 2,872

The chief executive officer has personally incurred costs for travel and accommodation for overseas speakers and other running costs of the charity. The balance of unreimbursed expenses at 31.8.21

was £1,680 (31.8.20 £942). This is considered to be an interest free loan with no set repayment terms and is included in short-term creditors.

8. LOANS

An analysis of the maturity of loans is given below:

9.

31.8.21 31.8.20
£ £
Amounts falling due within one year on demand:
Other loans 873 975
MOVEMENT IN FUNDS
Net Transfers
movement between At
At 1.9.20 in funds funds 31.8.21
£ £ £ £
Unrestricted funds
General fund 12,929 204 (1,137) 11,996
Candles 120 - (120) -
13,049 204 (1,257) 11,996
Restricted funds
Jerusalem Peacemakers 337 - - 337
Hope Flowers 2,367 9,051 1,193 12,611
Pathways to Human Flourishing 3,694 (3,694) - -
Online Arts Programme - (64) 64 -
Southall Trust - 3,000 - 3,000
6,398 8,293 1,257 15,948
TOTAL FUNDS 19,447 8,497 - 27,944

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continued...

SPIRIT OF PEACE

Notes to the Financial Statements - continued for the Year Ended 31 August 2021

9. MOVEMENT IN FUNDS - continued

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

Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 5,422 (5,218) 204
Restricted funds
Hope Flowers 23,901 (14,850) 9,051
Pathways to Human Flourishing - (3,694) (3,694)
Online Arts Programme 1,000 (1,064) (64)
Southall Trust 3,000 - 3,000
27,901 (19,608) 8,293
TOTAL FUNDS 33,323 (24,826) 8,497
Comparatives for movement in funds
Net Transfers
movement between At
At 1.9.19 in funds funds 31.8.20
£ £ £ £
Unrestricted funds
General fund 6,395 14,729 (8,195) 12,929
Candles - (15) 135 120
6,395 14,714 (8,060) 13,049
Restricted funds
Jerusalem Peacemakers 337 - - 337
Hope Flowers 632 (4,456) 6,191 2,367
Pathways to Human Flourishing 6,785 (3,091) - 3,694
Oxford Three Faiths 3,745 (5,614) 1,869 -
11,499 (13,161) 8,060 6,398
TOTAL FUNDS 17,894 1,553 - 19,447

continued...

Page 17

SPIRIT OF PEACE

Notes to the Financial Statements - continued for the Year Ended 31 August 2021

9. MOVEMENT IN FUNDS - continued

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

Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 19,192 (4,463) 14,729
Candles 120 (135) (15)
19,312 (4,598) 14,714
Restricted funds
Hope Flowers (931) (3,525) (4,456)
Pathways to Human Flourishing - (3,091) (3,091)
Oxford Three Faiths - (5,614) (5,614)
(931) (12,230) (13,161)
TOTAL FUNDS 18,381 (16,828) 1,553

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

Net Transfers
movement between At
At 1.9.19 in funds funds 31.8.21
£ £ £ £
Unrestricted funds
General fund 6,395 14,933 (9,332) 11,996
Candles - (15) 15 -
6,395 14,918 (9,317) 11,996
Restricted funds
Jerusalem Peacemakers 337 - - 337
Hope Flowers 632 4,595 7,384 12,611
Pathways to Human Flourishing 6,785 (6,785) - -
Oxford Three Faiths 3,745 (5,614) 1,869 -
Online Arts Programme - (64) 64 -
Southall Trust - 3,000 - 3,000
11,499 (4,868) 9,317 15,948
TOTAL FUNDS 17,894 10,050 - 27,944

continued...

Page 18

SPIRIT OF PEACE

Notes to the Financial Statements - continued for the Year Ended 31 August 2021

9. MOVEMENT IN FUNDS - continued

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

Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 24,614 (9,681) 14,933
Candles 120 (135) (15)
24,734 (9,816) 14,918
Restricted funds
Hope Flowers 22,970 (18,375) 4,595
Pathways to Human Flourishing - (6,785) (6,785)
Oxford Three Faiths - (5,614) (5,614)
Online Arts Programme 1,000 (1,064) (64)
Southall Trust 3,000 - 3,000
26,970 (31,838) (4,868)
TOTAL FUNDS 51,704 (41,654) 10,050

10. RELATED PARTY DISCLOSURES

Gift aided donations totalling £540 were received from 2 trustees in the year (2020 £540)

Page 19

SPIRIT OF PEACE

Detailed Statement of Financial Activities for the Year Ended 31 August 2021

Detailed Statement of Financial Activities
for the Year Ended 31 August 2021
31.8.21 31.8.20
£ £
INCOME AND ENDOWMENTS
Investment income
Interest on tax refunds 1 1
Charitable activities
Donations 25,777 18,380
Grants 7,545 -
33,322 18,380
Total incoming resources 33,323 18,381
EXPENDITURE
Charitable activities
Insurance 519 519
Postage and stationery 9 360
Sub-contractors & facilitation fees 7,849 4,371
Travel & subsistence - 1,026
Donations 14,800 3,500
Events - 5,535
23,177 15,311
Support costs
Management
Sundries 416 781
Finance
Bank charges 50 83
Information technology
Computer & repairs 530 -
Governance costs
Accountancy fees 640 640
Legal fees 13 13
653 653
Total resources expended 24,826 16,828
Net income 8,497 1,553

This page does not form part of the statutory financial statements

Page 20