TRUSTEES
ANNUAL REPORT
20241:
(• FIGHT FOR PEACE

## **CONTENTS** 

||**PART 01:**SETTING THE RING|03||
|---|---|---|---|
||OPENING MESSAGES|04||
||PRE-BOUT STRATEGY|05||
||**PART 02:**WINNING OUR BOUTS - IMPACT THEMES|08||
||THEME ONE:DRIVING INCLUSION|09||
||THEME TWO:DEVELOPING SKILLS AND BUILDING FUTURES|10||
||THEME THREE:STRENGTHENING YOUTH LEADERSHIP AND VOICE|16||
||THEME FOUR:CULTIVATING COLLECTIVE COMMUNITY ACTION|20||
||THEME FIVE:IMPACTS ON THE GLOBAL SCALE|22||
||THEME SIX:EXPANDING OUR REACH|23||
||THEME SEVEN:RECOGNITION OF IMPACT|24||
||THEME EIGHT:WHERE THEY ARE NOW|25||
||**PART 03:**WITH GRATITUDE|26||
||**PART 04: **FIGHT FOR PEACE INTERNATIONAL|28||
||TRUSTEES’ ANNUAL REPORT AND FINANCIAL STATEMENTS|||
||REFERENCE AND ADMINISTRATIVE DETAILS|29||
||TRUSTEES’ ANNUAL REPORT|30||
||AUDITOR|37||
||FINANCIAL STATEMENTS|41||



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PART
1 01
SET
THE

## OPENING **MESSAGES** 


**Over the past year, Fight for Peace has continued to grow and adapt – guided by our Theory of Change and powered by our Five Pillar methodology: Boxing & Martial Arts, Education, Employability, Youth Leadership, and Support Services. This holistic model is what enables us to support thousands of young people to become champions in the ring and champions in life.** 

Each of these Pillars has played a key role in what has been a year of meaningful progress. Our competitive athletes – including a growing number of young women and girls – continue to impress and act as role models to the next generation of Fight for Peace members. 

To ensure we are there for all young people, this year saw the launch of boxing sessions for young people with special educational needs and disabilities (SEND), further opening our doors and creating space for every young person to thrive. 

The launch of our Life Champions Course in 2024, developed with Sport England and UK Coaching, marks a significant step in sharing how we think about sport and coaching as a tool for personal development. 

Locally in London, we were proud to relaunch the Newham Youth Partnership – a coalition of over 40 organisations, working together to improve youth safety, leadership and opportunity across the borough. In the challenging economic environment, we feel our role to bring organisations together through Collective programmes brings strength and efficiencies to the sector. Young people’s voices have been central to this movement. 

In 2024, our Youth Leadership groups – Youth Power and Future Light – played a pivotal role in our Academy and outside in the wider community. Their leadership amplified youth voice, from driving the redevelopment of our hub into a more youth-informed space, to actively contributing to policy discussions that shape real change. 

Internationally, we have continued our collaboration with our sister organisation Luta pela Paz reflecting our commitment to growing stronger together through shared learning and mutual support. My visit to Rio de Janeiro – where our shared methodology was first developed – reinforced the real-world impact of our programmes and interventions, and affirmed our responsibility to share effective practice locally, nationally, and globally. 

To all our funders, partners, volunteers, and friends I extend our deepest thanks. Together, we are creating lasting change and your continued belief and support are crucial in powering this journey. 

## **LEE HEMMINGS** 

CEO, FIGHT FOR PEACE 


**My life was transformed in 2024. I was devastated when I tore my anterior cruciate ligament (ACL) while sparring in mixed martial arts. My mental health suffered greatly during the six months I was not training. I started boxing after I got back because I could no longer participate in previous sessions.** 

Resuming a combat sport was really daunting as I didn’t want to be in the same physical and mental state I was in following my ACL injury, and I was constantly terrified of getting injured. As they supported me in my boxing journey, the coaches – Michael, Emmanuel, Athena, and Danny – made sure I could continue doing what I love. 

Coach and Youth Worker Tommy inspired and pushed me to step outside of my comfort zone. Before I was encouraged to socialise and join groups like Youth Power and Lutadoras, I had always kept to myself and stayed in my own bubble. 

My personality evolved significantly from being quite shy and nervous to becoming the leader of Youth Power, becoming more self-assured and outgoing. 

Now looking to 2025, and as the Youth Power Leader, I am excited to collaborate with many more creative minds, bring about change, and learn new skills as a team for many years to come. I couldn’t imagine my life without the Fight for Peace community. I have had incredible people helping me both mentally and physically, and it has truly enabled me to grow as a person. 

## **SZILVIA** 

YOUTH POWER LEADER 

**4** 



## PRE-BOUT **STRATEGY** 

## **OUR WORK** 

Fight for Peace combines boxing and martial arts with education and personal development to realise the potential of young people in communities affected by crime and violence. 

At Fight for Peace, we focus on three complementary strategic areas to ensure that we maximise our reach and impact. 


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1 2<br>ACADEMY ALLIANCE<br>**----- End of picture text -----**<br>


We work directly with young people at our Academy, developing their potential through integrated programmes of support and inclusion, and providing us with expertise we apply across our work. 

Via our Alliance, we exchange skills, knowledge and support with community-based partners around the world to strengthen youth programmes, and enable us to have significant influence and reach. 


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3<br>**----- End of picture text -----**<br>



## **COLLECTIVES** 

Through our Collectives, we facilitate effective partnership-working in focus communities to strengthen youth services, and find solutions for complex issues affecting young people. 

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## **OUR FIVE PILLARS:** 

## **THEORY OF CHANGE** 

## ACADEMY: 

We directly support young people from our London Academy through our Five Pillars methodology 

- **1** Combat sports combined with personal development 

- **2** Support services for young people and their families 

- **3** Education 

- **4** Employability support 

- **5** Youth leadership 

## 

Fight for Peace uses boxing and martial arts, combined with education and personal development to realise the potential of young people in communities affected by crime and violence. 

Our Theory of Change illustrates the impact we aim to have via our three strategic areas of operation – Academy, Alliance and Collectives. 

## 

## ALLIANCE:* 

We use learning from our Academies to train and support other community-based organisations 

- Partner recruitment 

- Training 

- Consultancy support 

- Open-source sharing of knowledge and expertise 

- Platforms and processes for collaboration 

- Grant making and joint fundraising 

- Network coordination 

**£ FINANCE:** 

£2m annual budget 

## **TRUSTEE BOARD:** 

Sharing broad knowledge and experience, influencing policies and guiding all operational matters 

## **TEAM:** 

Dedicated, values led youth workers, coaches, operational specialists and volunteers 

## **ENVIRONMENT:** 

A safe and inspiring environment for young people to be supported and excel 

## **RELATIONSHIPS:** 

A network of trusted partners and peers 

## COLLECTIVES: 

We use our collective impact methodology to integrate multiple community services and actors in support of young people 

- Joint programme delivery 

- Network coordination 

- Knowledge and information sharing 

- Referrals 

- Grant making and joint fundraising 

- Training 

- Consultancy support 

- Collaboration with government and law enforcement agencies 

- Policy influence 

## **REPUTATION:** 

Well-known and well respected 

## **VALUES:** 

Our values of Embracing, Solidarity, Champion, Inspiring and Courage guide everything we do 

*Support to Alliance partner organisations around the world is provided in partnership with Fight for Peace’s sister organisation Luta pela Paz. Fight for Peace and Luta pela Paz share methodology, values and global strategy but are two separate legal entities. Luta pela Paz was founded in 2000 and Fight for Peace International in 2007. Luta pela Paz is a non-profit NGO registered in Brazil (CNPJ 09300383000198), and Fight for Peace International is a UK registered charity (registered charity no. 1137636) 

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**Wellbeing:** improved physical and mental wellbeing **Sporting achievements:** inspired athletes who reach their personal peak and excel in sporting disciplines 

**Education and employability:** growth in knowledge, attitudes and skills; progressions into employment or education 

**Empowerment:** increased autonomy, identity, confidence, self-esteem and aspirations 

**Social inclusion:** positive social relationships; participation; accessibility and sense of belonging irrespective of identity or background 

**Protection:** resilience, safety and protection against violence 

**Capacity:** improved capacity & capability (organisational & financial) throughout our network 

**Knowledge:** improved knowledge of effective methodologies for youth development 

**Network:** increased network and collaboration locally, nationally and internationally 

**Status:** a truly respected global sport for development movement, with the highest standards 

**Funding:** through collaborative Alliance work or as a result of improved status 

**Integrated services:** improved provision for young people and families 

**Influencing change:** young people influencing improvements in the design and delivery of services 

## **Increased visibility of youth services** 

**Improved knowledge and skills:** sharing of knowledge, skills, expertise and resources 

**Capacity:** partners access more funding through collaborative bids 

## 

**While becoming the best version of themselves in the sporting context, young people also improve their relationships, their perception of self and others, and their vision for their futures.** 

**YOUNG PEOPLE BECOME CHAMPIONS IN THE RING AND CHAMPIONS IN LIFE** 

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## PART 02 

## **WINNING OUR BOUTS** 2024 IMPACT THEMES 

|**Part Two explores the far-reaching impact of our work through eight key themes:**|**Part Two explores the far-reaching impact of our work through eight key themes:**|
|---|---|
|**THEME ONE:**|**DRIVING INCLUSION**|
||How we create inclusive spaces for all young people.|
|**THEME TWO:**|**DEVELOPING SKILLS AND BUILDING FUTURES**|
||How we directly support young people.|
|**THEME THREE:**|**STRENGTHENING YOUTH LEADERSHIP AND VOICE**|
||How empowering young people with opportunities drives positive change.|
|**THEME FOUR:**|**CULTIVATING COLLECTIVE COMMUNITY ACTION**|
||The impact of our community-led Collectives in East London.|
|**THEME FIVE:**|**IMPACTS ON THE GLOBAL SCALE**|
||Demonstration of our international reach and influence.|
|**THEME SIX:**|**EXPANDING OUR REACH**|
||Our roll-out of the Life Champions Course.|
|**THEME SEVEN:**|**RECOGNITION OF IMPACT**|
||Awards that highlight our impact.|
|**THEME EIGHT:**|**WHERE THEY ARE NOW**|
||Journey of one Fight for Peace member into professional MMA.|





## **THEME ONE: DRIVING INCLUSION** 

Inclusion is at the heart of our organisation and is deeply connected to our core value of Embracing, which reflects our belief in a society without exclusion, where everyone is welcomed and valued at Fight for Peace. 

2024 marked the launch of Fight for Peace’s Inclusion Steering Group – a diverse, cross-organisational team committed to ensuring that every young person feels seen, safe, and supported at our Academy. The group saw growth and success in three key areas: 



## **2.** 

## **1. 2. DISABILITY & SPECIAL LGBTQ+ INCLUSION EDUCATIONAL NEEDS** In 2024, the group took **(SEND)** steps to ensure our 

In 2024, the group took steps to ensure our Academy is a place where every young person feels safe and welcome without judgment. Our team participated in LGBTQ+ awareness and gender-informed practice training, deepening our understanding and strengthening our ability to create inclusive, affirming environments. 

In 2024, we launched our weekly SEND boxing sessions – a safe and adaptable space providing an opportunity for young people with a range of needs, including neurodiversity, mental health challenges, and physical disabilities to develop both physically and personally. 

The group also developed clear recommendations to embed inclusivity more deeply across our programmes, policies, and day-to-day culture – laying the groundwork for longterm change. 

Our coaches also undertook specialist training from Access Sport which trained all coaches in SEND inclusion, ensuring young people have a safe, empowering environment. We also began collecting key inclusion data to inform our monitoring, evaluation, and learning (MEL), ensuring that progress is responsive to the needs of every participant. 


## **3. CHAMPIONING WOMEN IN SPORT** 

2024 marked a major step forward in breaking down barriers for young women and girls in combat sports. 

We introduced new women-focused sessions, including the highly successful stretching and flexibility session, into our weekly Academy timetable, creating welcoming, empowering spaces designed by and for young women. 

Women’s engagement thrived in 2024. Women-only boxing participation rose by 24% during the 24% year, with our highest number of women training in muay thai since 2020 – up from 29 to 42. The growth among younger age **51** groups was even more striking: junior muay thai saw a four-fold increase in girls participating, **13** rising from 13 in 2023 to 51 in 2024. **2023 2024** 

We strengthened outreach by securing targeted resources to better connect with women and girls across our community. 

With fresh funding secured, LutaPod, our youth-led podcast, will continue amplifying young women’s voices and stories in and beyond the ring. 

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## **THEME TWO: DEVELOPING SKILLS AND BUILDING FUTURES** DIRECT SUPPORT TO YOUNG PEOPLE 

At our Academy in Newham, we support young people through our Five Pillars methodology: a holistic model which combines Boxing and Martial Arts with Education, Employability, Youth Leadership and Support Services. 

Personal development underpins everything we do and is woven into each Pillar to help unlock young people’s potential. This section presents the impact of our Five Pillar methodology in 2024. 

## **PERSONAL DEVELOPMENT** 

## **In 2024:** 

We relaunched Man Talk. This group offers young men a space to express themselves, seek guidance, and build resilience. 

Another mentoring group that made significant strides in 2024 in terms of personal development was the Lutadoras. This women’s group equips girls with essential skills to navigate relationships, prioritise their well-being, and communicate effectively. In 2024, the Lutadoras led a variety of workshops, including a standout session on consent and saying no. 

Man Talk means a safe place where you can share your thoughts, listen to others, get inspired, get motivation, learn life experiences from other people. It’s a place where there’s no judgement and it’s a safe place and I took away inspiration. 


Fight for Peace Youth Leadership group, Youth Power designed and led six personal development sessions, including topics such as love bombing and mental health. Members developed session ideas that placed their desired topics for discussion and teaching at the forefront of personal development at Fight for Peace. 

We integrated personal development into our sports sessions to inspire young people to reflect on their lives outside of sport. Head muay thai coach, Star led over 50 of these integrated segments on topics such as self-love and discipline. 


**10** 





## **EDUCATION** 

Our Education programmes help young people to re-engage with learning and provide support for those who need extra help with their school work. 

## **In 2024:** 

64 students undertook educational activities within our Academy designed to build confidence, promote physical activity, and create a positive pathway into our wider Academy programmes. 

Funding from the London Marathon Foundation led us to deliver inclusive school projects across Newham which engaged more women and girls in sports. 

Funding from the Greater London Authority (GLA) allowed Fight for Peace to pilot a personal development and boxing project in two primary schools. 

Our Homework Club continued to support primary school-aged members. Delivered twice a week by our youth work team, these sessions helped 51 children stay on top of their schoolwork in a supportive, safe environment. 

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## **EMPLOYABILITY** 

Our Employability programme helps young people build awareness of different career pathways while providing practical, hands-on support – from CV writing to interview preparation. It’s designed to equip them with the tools and confidence to get into work and progress in their future careers. 

**In 2024:** 

young people – almost 10% of our community – were supported on their 10% 123 journey towards employment. personalised sessions were delivered to young people seeking guidance regarding writing their 119 first CV, preparing for job interviews, or identifying realistic career pathways. 

immersive events were held, including industry insight days with Mercedes and Morgan Stanley, 14 to provide young people with real-world experience and opportunities. 

young people received accredited qualifications in Personal Training, Boxing Coaching, Nail Technology, 38 First Aid and Safeguarding. 


## **CHAMPIONS IN THE RING** 

2024 saw the expansion of our Academy timetable, which brought junior sports sessions in muay thai, boxing and mixed martial arts to 7-14 year olds. This allowed us to reach many more young people at younger age groups, having greater opportunity to impact their lives and future directions. 

We introduced new strength and conditioning sessions for our competitive athletes, providing them with strength training to further elevate their performance in muay thai and boxing. 

In parallel, we refurbished and launched a brand-new high-performance weights room, a major upgrade to our facilities. This dedicated space offers our athletes and young people a professional environment to train, condition, and develop physically. This not only helped young people achieve their personal best but is a testament to our growth and investment in our facilities. 

We also hosted two home community shows in our Academy; one boxing show in April and one muay thai show in July. Both events showcased incredible sporting potential and brought together athletes, coaches, teammates, fellow members and the wider community to celebrate our immense young talent. 

**12** 








## **ATHLETES’ ACHIEVEMENTS** 

Raluca, one of our rising stars, was honoured with the Sam Bezzina Memorial Trophy in recognition of her tremendous dedication, resilience and ambition. 

As a result, participation in sports sessions also surged – climbing from 635 attendances by young people in 2018 to 1,086 attendances by the end of 2024. This highlights renewed engagement and programme momentum! 

The Ricardo Có Memorial Trophy, was awarded to Mäelle Guerre, who in muay thai showed courage, overcoming challenges, giving 100% in training, and inspiring others through her unwavering warrior spirit. 


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1,086<br>**----- End of picture text -----**<br>


We doubled our number of weekly sports sessions, demonstrating our commitment to grow alongside the needs of our community. This included the launch of new initiatives like junior sessions and our Fighting Fit strength and conditioning programme. 


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635<br>**----- End of picture text -----**<br>



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2018 2024<br>**----- End of picture text -----**<br>


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REFLE
TIONS OF STRENGTH:
DESREE'S STORY



Desree has been consistently attending our Fighting Fit gym sessions since they launched in May 2024. This empowering space has provided Desree with a safe foundation for growth, positively impacting the way she views herself, and building her confidence both inside and outside of the gym. 


There was a time when the mirror felt like an enemy. A time when silence was easier than speaking, and hiding in the back of the room felt safer than standing tall. I was the quiet one, the shy one, the one who pretended to like oversized clothes (the real reason was for me to cover the fact that I was overweight). 

Every glance felt like judgment, every laugh like a whisper about me. I avoided photos due to my weight. However everything changed due to Fighting Fit. So did I. At first, the gym felt like punishment. The food changes, unbearable. The body pain which lasted for weeks and the weird walks after leg day. 

However, I kept showing up for myself. Day after day. I wasn’t chasing skinny. I was chasing strength, and over time, the reflection changed. The body grew stronger and healthier. I learned to lift more than weight. I stopped hiding, I found my voice. The same one that used to tremble now speaks with pride. All of this happened because of my consistency in Fighting Fit. 

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## **THEME THREE: STRENGTHENING YOUTH LEADERSHIP AND VOICE** 

To make a greater impact, we recognise that youth voice must be central, that’s why Fight for Peace is youth-led. Young people shape our approach, influence decisions, and help guide our strategic direction. In 2024, our two youth leadership groups played a vital role in creating change. Youth Power focused on strengthening our Academy, while Future Light led on broader community impact across the borough of Newham. 

## **YOUTH POWER** 

Youth Power is a group of fifteen developing young leaders who are involved in decision-making, represent young people’s voices and help Fight for Peace shape their services to meet young people’s needs. 

In 2024, in co-production with Newham Borough’s People Powered Places initiative, Youth Power united young people throughout Fight for Peace in redesigning the Academy hub’s layout, ensuring it was a safe and welcoming space that young people felt pride and ownership of. 


I am very grateful to have been a part of the hub redesign as I can see how it has impacted Fight for Peace positively as a whole. It’s also really nice to see how our ideas were turned into a reality in the new hub. 

Ashlei, a Youth Power member. 

Youth Power established their strategy, set objectives, organised election processes and led on the planning and allocation of their annual budget. 

In November 2024, we hosted our Annual Awards ceremony at our Academy. Youth Power supported the preparation and planning of the event, and led on logistics and presenting throughout the evening. 

The group’s impressive organisational and management skills made the ceremony a remarkable success. 

Youth Power also assisted in five interview processes for new staff at our Academy. They were involved from first-stage interviews to the final selection, contributing questions, time and perspective to our recruitment process and team. 

**16** 




## **FUTURE LIGHT** 

Future Light began in 2020 as a research project with University College London (UCL) partners, bringing together 12 young people from three organisations to explore the roots of mental health struggles in Newham. Initially funded for nine months, the group has since grown into a powerful youth leadership collective. Through its partnership with the Newham Youth Partnership, Future Light has led initiatives focused on improving life skills support across the borough. Its members are now a vital voice for young people – representing their peers at key meetings and events while developing their own leadership skills in the process. 

In March, Future Light attended the My Ends Future Leaders event. Representing the borough of Newham, the group delivered a collaborative presentation sharing their learnings from the past year and ideas to bring the vision for safer communities to life. 

Twelve members of Future Light also completed the 10-week Truth on the Roof project with media organisation, You Press. This project promoted confidence, decision-making and communication skills as it encouraged young people to develop their own creative content to amplify issues that are important to them. 

Future Light members were also pivotal in shaping outcomes for the Scrutiny Review to improve the lives of Newham’s Young Black Men and Boys. They actively 

participated in various meetings at Stratford Town Hall, not only scrutinising the Metropolitan Police’s policies and structures but also contributing to discussions on how collaboration could be improved. They gave talks on how to build better relationships between the police and the community, and how to enhance community trust and engagement. 

Finally, with the support of Fight for Peace, four members of Future Light also took significant steps toward setting up their own companies, including: 

- Athena, who received £1,000 to develop Modest Moves, a girls’ boxing training company. 

- And Promise, who was awarded £1,000 to start his initiative focused on supporting neurodiverse young people. 

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## **YOUNG CREATIVES** 

**Alongside our youth leadership groups, Fight for Peace also sees the invaluable impact of encouraging creativity in young people. Young Creatives brings together young people with creative skills and interests to gain paid production experience. In doing so, they communicate the work, values and beliefs of Fight for Peace, and elevate youth voices to influence perspectives in wider society.** 

11 Young Creatives gained hands-on experience producing professional content for Fight for Peace communications channels, developing skills in film, photography, podcasting, and digital media. 

A team of five young people planned and produced a short documentary on the history of Fight for Peace, which was exhibited at our Academy as part of Newham Heritage Month. 

Two young women led a bold Women in Sport campaign, challenging stereotypes and sparking discussion through a follow-up personal development session with peers. 

Six participants created three short documentaries profiling Fight for Peace alumni who’ve excelled in careers in sport and business – including MMA fighter Jawany Scott. The films were exhibited as part of a National Lottery Heritage Fund project. 

Two live exhibitions of youth-produced creative work were hosted at Fight for Peace, celebrating the talents of young people and deepening community engagement. 

Arts Council funding was secured to further expand creative career opportunities for young people in Newham. 



**18** 






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## **THEME FOUR: CULTIVATING COLLECTIVE COMMUNITY ACTION** 

2024 was a standout year for our Collectives operating in Newham: we proudly completed the ACT-AS-1 programme and relaunched the Newham Youth Partnership, marking a renewed commitment to collective action and lasting change in the community. 

## **ACT-AS-1** 

After three successful years, 2024 saw the conclusion of the ACT-AS-1 Programme. Funded by the Mayor of London’s Violence Reduction Unit, the programme focused on youth safety in hyperlocal contexts. Fight for Peace worked alongside three local east London organisations, Ambition Aspire Achieve (AAA), Exit Foundation, and Rights and Equalities in Newham (REIN) to improve the safety, wellbeing and future prospects of young people. 

## **As of 2024, the ACT-AS-1 Partnership saw 7,000 young people supported by:** 

Interventions including school workshops that offered guidance on stop and searches, intensive one-toone mentoring sessions, youth work that engaged young people on the streets, and youth leadership coaching. 

Securing pivotal funding for 12 grassroots organisations through the Neighbourhood Wallet fund. This has allowed organisations to collectively strengthen support for young people in their areas. 

Leveraging £178,000 of funding into Newham through joint bids. This was achieved with support from our fundraising consultant, who was able to unite organisations to partner for collaborative bids. This has allowed even more organisations to access essential funds and support even more young people. 


Building capacity of over 10 grassroots organisations. This entailed knowledge sharing around volunteer recruitment and how to sustain a business, as well as financial and networking support. 


**20** 




## **NEWHAM YOUTH PARTNERSHIP** 

In 2024 the Newham Youth Partnership supported two grassroots partners in raising £37,000, and helped seven partners apply for 14 bids of up to £8,000. This was through specialised advice from our fundraising consultant, who was able to share fundraising guidance, provide bid writing support, and offer longterm plans to sustain these organisations. 

In June 2024, we relaunched the Newham Youth Partnership (NYP), a collaboration between organisations working with children, young people and families in Newham. By the end of the year, 45 member organisations were participating in the Newham Youth Partnership under Fight for Peace’s leadership. 

## One member of the 

Partnership, Cody Wild, Youth Programme Manager of Cody Dock, shared: “The NYP is amazing, I rave about it to everyone I meet, it’s a really valuable partnership and that’s not guaranteed in joining these spaces. We were really keen to join the NYP because we have a fairly new youth programme here at Cody Dock so we are really enjoying learning from others who are working with young people in the area and hearing what’s gone well for them, what hasn’t gone as well and to share our experiences with them so far. It’s a very much needed space.” 

12 grassroots organisations were supported in structural capacity building. This included support in implementing policy, building sector knowledge, and ensuring activities aligned with organisational goals. 



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## **THEME FIVE: IMPACTS ON THE GLOBAL SCALE** 

Our global work allows us to impact as many young people as possible through strategic partnerships and knowledge exchange. 



## **LUTA PELA PAZ THE SUCCESSFUL AND EL SALVADOR COMPLETION OF UP UNITY & PEACE** 

In 2024, we strengthened international collaboration through a strategic visit by CEO Lee Hemmings and Head of Academy Jamie Lowe to Luta pela Paz in Rio de Janeiro, Brazil. This visit: 

Coordinated by Fight for Peace, UP Unity & Peace brought together organisations and services to deliver programmes and support to young people across communities affected by high levels of violence and inequality. The Collective has operated in six communities in Kingston, Jamaica since 2015. 

- Deepened alignment and exchange of best practices between Fight for Peace and Luta pela Paz, both rooted in shared methodologies since 2000. 

## **Here are some key achievements from 2024, UP Unity & Peace’s final year:** 

- Led to the codification of our shared methodology, resulting in the co-creation of the Youth Leadership Package, which is designed to strengthen youth leadership across the sports sector. 

**800** young people participated in activities designed to foster resilience, which include a diverse range of programmes such as sports, personal development, and psycho-social support. 

Fight for Peace provided strategic support to Luta pela Paz in adapting the Fight for Peace methodology for sport for development in Latin America. This included facilitating an immersive training experience in Brazil for five Salvadorian organisations, enhancing regional capacity to use sport as a vehicle for social transformation. 

**229** parents took part in workshops aimed at helping them identify and fulfil their roles within the community. 

**118** artists and artisans were referred to services provided by partner, Kingston Creative, with 50 of these individuals accessing training or securing paid opportunities. 

**452** representatives from 38 different agencies received comprehensive training in areas such as Collective Impact, Monitoring, Evaluation, and Learning, Psychological First Aid, and Safeguarding. 




**22** 



## **THEME SIX: EXPANDING OUR REACH** 

In July 2024, Fight for Peace launched the online Life Champions course, in collaboration with UK Coaching. This course builds skills and confidence in grassroots coaches so that they are able to support young people to develop not only in sport, but also in life. 

By the end of 2024, 200 coaches had enrolled in the course. This course does not solely engage combat sports trainers, but also coaches in other disciplines such as gymnastics, basketball, football, and badminton. 

## **Feedback from coaches participating on the Life Champions course indicated that:** 

of participants said the course made them feel more confident about providing 88% additional support to young people beyond sport. said they now know how to adapt their sessions to make 94% them more inclusive. 


## **TAMWORTH BOXING CLUB – LIFE CHAMPIONS IN ACTION** 

## **As illustrated, the course is shifting both mindset and practice:** 

A basketball coach said: “The mindset of the coach really improved my way of thinking when approaching real-life situations.” 

A young woman gymnastics coach shared: “I never knew that coaching had more to it than just being a coach.” 


With our Alliance partners Tamworth Boxing Club, we initiated a pilot study where coaches embedded Life Champions content into their weekly boxing sessions with 30 young people. Survey results following the pilot study proved the development of key skills among young people: 

Teamwork confidence improved as those who agreed with “I am good at working in a team” rose from 25% to 80%. 

Humility and gratitude also improved as those who agreed with “I stay humble and thank others, whether I win or lose” increased from 45% to 95%. 

These gains reflect not just improved sporting behaviour, but stronger social and emotional skills – key building blocks for young people’s wider development and keeping them engaged in physical activity. 

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## **THEME SEVEN: RECOGNITION OF IMPACT** 

## **AWARDS 2024** 

The awards Fight for Peace received in 2024 are a recognition of our impact and we are deeply honoured to have gained acknowledgement from the following: 

## **WINNER** 

**Newham Business Awards** Newham Chamber of Commerce Charity of the Year 

## **WINNER** 

**Newham Business Awards** The John James Business of the Year 

**WINNER East London Community Heroes Awards** Rotary East London Community Heroes Awards 

## **WINNER** 

**StreetGames Sport for Development Awards** Us Girls Award for Engaging Women & Girls 

**SPECIAL COMMENDATION Newham Civic Awards** Youth Excellence 

**SHORTLISTED Muslim Sport Awards** Female Rising Star 

**SHORTLISTED Sports Journalists Awards** Sport for Change 



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## **THEME EIGHT: WHERE THEY ARE NOW** 

## **JAWANY’S JOURNEY – ROAD TO THE BELT** 

Next, making his amateur MMA debut in 2015, Jawany moved from strength to strength. He has risen up the ranks of the elite MMA professional scene in the UK and is on the cusp of competing for a world title in the Cage Warriors promotion. Cage Warriors has produced multiple fighters that have gone on to compete in the Ultimate Fighting Championship (UFC) such as Molly McCann and Michael Bisping. 

Jawany now represents the prestigious GB Top Team gym under the tutelage of former UFC fighter Brad Pickett. GB Top Team is a franchise of American Top Team based in Florida which has produced multiple world champions across the principal MMA promotions, namely UFC, PFL and Bellator. Now a professional MMA fighter, Jawany has seven wins under his belt. We watch with great anticipation as Jawany blazes a trail towards the UFC. 

Jawany remains humble and regularly visits Fight for Peace and trains with us when he can. It is awe-inspiring for our future athletes and novice martial arts students to see such a role model encouraging dreams and ambition. Jawany’s journey from a young local athlete to a rising MMA star embodies the resilience, growth, and renewed ambition that defines Fight for Peace today. 

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## PART 03 

## **WITH GRATITUDE** 

It has been a privilege to work under the leadership and guidance of our Chair of Trustees, Anne-Marie Piper over the past 15 years. As she steps down from her role, we extend our heartfelt thanks for her dedication, wisdom, and unwavering support. From all of us at Fight for Peace, we wish her every success in the next chapter. Our Founder, Luke Dowdney, shares his reflections: 

In need of legal support to open Fight for Peace in the UK, a number of my contacts recommended I speak with Anne-Marie Piper. They warned me, however, “She’s the best charity lawyer in the country, so you’ll be lucky if she has time, and don’t ask her to join your board, she’s too busy and everyone wants her on their board”. 


Well, not only was I lucky enough to get some time in her diary, but Anne-Marie worked pro-bono for Fight for Peace from day one, helping us to establish the UK arm of the charity, providing counsel and support for myself and the Board, and going on to chair the Fight for Peace Board of Trustees in the UK and internationally. 

I am immensely grateful for her constant support over the years, her sage advice, and her dedication to helping make Fight for Peace a successful and sustainable organisation. Anne-Marie never wavered in working non-stop behind the scenes for the good of Fight for Peace’s young people, who were always her main focus. 

Thank you so much for all you have done Anne-Marie, you will greatly be missed, never replaced, and always remembered. 



## **OUR PARTNERS** 

**We would like to express our profound gratitude to the following partners who helped make our work with young people possible in 2024:** 

London Marathon Charitable Trust 

Access Foundation 

Access Sport Anthony Joshua Arts Council England British AIrways Cboe Global Markets City Bridge Foundation Comic Relief 

London Youth Mayor’s Office for Policing & Crime (MOPAC) 

Mercedes 

Merkur UK Community Funding Programme NISA Making A Difference Locally 

Compass Wellbeing DWF Foundation 

National Lottery Community Fund 

East End Community Foundation 

National Lottery Heritage Fund Newham Chamber of Commerce Newham Heritage Month OPRO Mouthguards Paul Hamlyn Foundation Peninsula SEGRO Sport England St James’ Place StreetGames Tate & Lyle Tesco Stronger Starts 

Garfield Weston Foundation Gerald and Gail Ronson Family Foundation Gosling Foundation Greater London Authority Hargreaves Foundation Higgins Group Hobson’s Charity Jack Petchey Foundation James Thornton 

John Armitage Charitable Trust 

Joseph Levy Foundation 

The Violence Reduction Unit Tim Henman Foundation Tuixen Foundation University College London Wellington Management UK Foundation West Silvertown Foundation 

Laureus Sport for Good Foundation 

London Borough of Camden London Borough of Newham London City Airport 

London Legacy Development Corporation 

## **OUR VOLUNTEERS** 

**A huge thanks to all volunteers that supported our mission throughout 2024. Without you, our impact wouldn’t be possible – your time, energy, and dedication continue to uplift and inspire everything we do.** 

Zaynab Alom, Abisola Oginni, Fhuad Braimoh, Aziza Bashar, Jaweid Amanyar, Isla Whitbread, Akshaya Arambil, Douglas Asamoah, and David Elliot. 

## **OUR TRUSTEES** 

Anne-Marie Piper 

Joy Ogundayisi _– Appointed June 2025_ Vijay Agrawal _– Appointed June 2024_ Lisa Ronson _– Appointed June 2025_ Lethius Charles Stephen Harvey Terence Matthew Paul 

Alex le Vey _– Resigned July 2024_ 


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## PART 04 

**FIGHT FOR PEACE INTERNATIONAL TRUSTEES’ ANNUAL REPORT AND FINANCIAL STATEMENTS** 



## **REFERENCE** AND ADMINISTRATIVE DETAILS 

|**For the year ended**|31 December 2024|
|---|---|
|**Company number**|07296495|
|**Charity number**|1137636|
|**Registered office and**|Fight for Peace Academy Woodman Street,|
|**operational address**|North Woolwich, London, E16 2LS|
|**Country of registration**|England & Wales|
|**Country of incorporation**|United Kingdom|
|**Trustees**|Anne-Marie Piper|
||Joy Ogundayisi_– Appointed September 2024_|
||Vijay Agrawal_– Appointed June 2024_|
||Lisa Ronson_– Appointed September 2025_|
||Lethius Charles|
||Stephen Harvey|
||Terence Matthew Paul|
||Alex le Vey_– Resigned July 2024_|
|**Executive staff**|Lee Hemmings – CEO|
|**Bankers**|Unity Trust Bank|
||Nine Brindley Place, Birmingham, B1 2HB|
|**Solicitors**|Keystone Law|
||48 Chancery Lane, London, WC2A 1JF|
|**Auditor**|Sayer Vincent LLP|
||110 Golden Lane, London, EC1Y 0TG|



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## **TRUSTEES’** ANNUAL REPORT 

## **For the year ended 31 December 2024** 

The Trustees, who are also Directors of the charitable company, present their annual report (incorporating the Directors’ Report) of the affairs of the charity, together with the financial statements and auditor’s report for the year ended 31 December 2024. 

The Trustees’ report has been prepared in accordance with the provisions applicable to companies entitled to small company exemption. The company has taken the exemption afforded to small companies not to present a Strategic Report. 

Reference and administrative information set out on page 29 forms part of this report. The financial statements comply with current statutory requirements, the memorandum and articles of association and the Statement of Recommended Practice – Accounting and Reporting by Charities: SORP applicable to charities preparing their accounts in accordance with FRS 102. 

**30** 



## **CHARITY OBJECTIVES AND ACTIVITIES** 

## **OBJECTIVES** 

For the benefit of young people throughout the world, to provide advice and assistance and to organise programmes of physical, educational and other activities as a means of: 

- advancing in life and helping young people by developing their skills, capacities and capabilities to enable them to participate in society as independent, mature and responsible individuals; 

- advancing education; 

- relieving unemployment; 

- providing recreational and leisure time activities in the interests of social welfare for people who have need of activities by reason of their youth, age, infirmity or disability, poverty or social and economic circumstances with a view to improving the conditions of life of such persons. 

## **ACTIVITIES FOR THE PUBLIC BENEFIT** 

We have referred to the guidance in the Charity Commission’s general guidance on public benefit when reviewing our aims and objectives and in planning our future activities. In particular, the Trustees consider how planned activities will contribute to the aims and objectives they have set. 

## **Activities undertaken in 2024 for the public benefit included:** 

1.  Delivering combat sports, employability, youth support services and youth leadership programmes at the Fight for Peace Academy to young people. 

2.  Providing training and support to Fight for Peace Alliance members in the UK and internationally to build their organisational and programming capacity, based on the Fight for Peace methodology. 

3.  Leading the Fight for Peace Alliance to strengthen and scale programmes for young people in communities impacted by inequality and violence, sharing practice and providing training. 

4.  Leading Collectives programmes – which draw on collective impact methodology – in London and Jamaica. 

## **STRUCTURE, GOVERNANCE AND MANAGEMENT** 

The Charity is constituted as a company limited by guarantee and not having share capital. It is governed by its Memorandum and Articles of Association and is registered with the Charity Commission in England and Wales. 

Trustees give their time voluntarily and receive no remuneration or other benefits. Trustees are required to disclose all relevant interests and by custom withdraw from any decision where a conflict of interest arises. 

Trustees are recruited using appropriate recruitment methods including open advertisement. All appropriate checks are carried out including with the Disclosure and Barring Service and conflict of interest. 

Typically, Trustees meet as a minimum quarterly and have responsibility for the overall management of the charity, ensuring compliance with the charity’s objectives and relevant legislation. 

## **STAFF REMUNERATION POLICY** 

In setting salaries the Trustees take account of the skills and experience required for all roles, and the affordability for the organisation. During 2024, cost of living increases were applied to all staff salaries and wages. We continue to benchmark across the sector, and our terms and conditions broadly remain in line with charities of a comparable size. 

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## **RISKS** 

During the year Trustees have considered the major risks to which the Charity is exposed. The Trustees consider the most significant risks to be related to: 

|**Risk**|**Mitigation steps**|
|---|---|
|**1. Theavailabilityand**|**•**Quarterly reviews of cash position and cash flow forecast.|
|**management of cash**|**•**Strict cost controls on expenditure.|
||**•**Prepared scenarios for corrective action.|
|**2. Theavailabilityof**|**•**Detailed budget and forecasting of unrestricted position.|
|**unrestricted reserves**|**•**Bids reviewed to support unrestricted giving.|
||**•**Derestricting existing funds where possible.|
|**3. Maintaining**|**•**Annual Safeguarding Policy review.|
|**safeguarding to its**<br>**highest standards**|**•**Training for all colleagues annually.<br>**•**Weekly reporting of safeguarding cases.|
||**•**Appointment of Safeguarding Trustee.|
|**4. Managementof**|**•**Clear regranting processes and sign off delegations.|
|**re-granting**|**•**Regranting policy approved by Board of Trustees in 2023.|
||**•**Regranting only where fit with the Fight for Peace mission.|
|**5. Maintenanceof**|**•**Weekly reporting of health and safety matters.|
|**health and safety**|**•**Annual Health and Safety checks fire/gas/water/power.|
||**•**Good reporting on Health and Safety incidents –|
||reviewed and lessons learnt.|
||**•**Onsite surveys – building and equipment.|
||**•**Qualified Health and Safety Manager in post.|
|**6. Maintaining**|**•**Strong community engagement team.|
|**community**<br>**confidence**|**•**Partnership management.<br>**•**Outreach of services.|
||**•**Local communication (papers and social media).|
||**•**Community surveys.|
|**7. Theabilitytorecruit**|**•**Benchmarked salaries.|
|**and maintain**<br>**leadership skills**|**•**Flexible working arrangements.<br>**•**Team building.|
|**8. Securemaintenance**|**•**Third party qualified management of IT systems.|
|**of data records**|**•**Use of proprietary software.|



The risks are reviewed by the Executive on an ongoing basis and reported every three months to the Board of Trustees. 

The Executive maintains a risk register and rates the risk before and after action has been taken to mitigate, and if necessary, increase focus in an area to reduce any significant risk impact. 

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## **SUBSIDIARIES AND RELATED PARTIES** 

Fight for Peace Trading Limited is a wholly owned subsidiary of Fight for Peace International. The principal activity of the trading company is to generate revenue for the Charity via provision of services to third parties which fall outside of the charity’s objectives. 

Fight for Peace International works closely with our sister and founder organisation Luta pela Paz based in Brazil. Luta pela Paz and Fight for Peace share a common mission and social objectives, organisational values, working methodologies and programme designs. This is reflected in the Global Strategy designed in partnership every four years. The relationship is governed by a Master Framework Agreement. 

## **TRUSTEES** 

The Trustees who served during the period are shown on page 29 of this report. Every Trustee is also a Director of the company and the liability of each member in the event of winding up is limited to £1. There are a minimum of three Trustees at any time. 

## **FINANCIAL LANDSCAPE** 

The 2024 financial landscape remains challenging, as it has for a number of years. We achieved income of £2.155m an increase from 2023 (£1.934m) whilst spending on charitable activities has remained reasonably consistent at £2.177m (2023 £2.265). We continue to exercise tight control over our spending, focusing on essential services and programme delivery. 

Our reserves position remains secure, with restricted reserves at £542k (2023 £447k) an increase of £95k, whilst total unrestricted and designated reserves remain consistent at £2.433m (2023 £2.550m) of which unrestricted reserves are £234k (2023 £238k). Free reserves however are £173k (2023 £174k) which remains below our reserves policy which requires £244k of free reserves, but Trustees are confident that the reserves are at a level which provides confidence in the financial position of the charity. 

The fundraising and income generation environment remained highly competitive throughout 2024 and has become even more restrictive going into 2025, largely due to sustained pressures on both local and central government funding. Although we closed 2024 with a robust pipeline of funding applications, our local government contracts were not renewed as a result of these financial constraints, and progress in corporate engagement has proceeded more slowly than anticipated. Nevertheless, we continue to collaborate closely with our established donors and corporate partners, strengthening relationships and deepening their understanding of Fight for Peace’s objectives. 

We believe that having laid the groundwork for these very positive relationships, they will continue to bear fruit in the future. Our partnership with Sport England also remains a key pillar in our work within the sport for development sector, and we have developed some programmes with a view to monetising in the future. 

We are committed to developing a diversified income stream by cultivating long-term relationships with funders who actively support our mission. Throughout the year, we focused on delivery of our Five Pillar approach and our work within sport for development. This has enabled us to deliver with impact, addressing not just the immediate needs of our community, but also creating pathways for long-term positive change. Our commitment to integrated programming ensures that every aspect – from personal development and mentoring to education, employability, and leadership – is underpinned by dedication and evidence-based practice. By harnessing the power of sport, we continue to empower young people, build resilience, and foster a sense of belonging and purpose within our programmes. We have continually provided greater opportunities for young individuals within our Academy and the wider community. By sharing our methodology and best practices with our Alliance partners, we have demonstrated significant value for money to our funders and partners. 

Trustees have started 2025 positively and with a clear understanding of our financial position, our opportunities and challenges. We aim to improve our free reserves position incrementally to ensure a robust financial outlook and continued improvement in our sustainability. Efficiencies within the organisation are constantly monitored and we are working to increase unrestricted funds generated by our trading company and through building on our relationships with corporate partners. 

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## **FUNDRAISING POLICY** 

Fight for Peace raises funds through relationships with grant making bodies, statutory sources and companies. We have worked hard to build and maintain these relationships over many years in some cases, and are focusing our attention on diversifying our income streams. 

Fight for Peace follows the Code of Fundraising Practice and the Institute of Fundraising’s guidance on Treating Donors Fairly. Fight for Peace also adheres to relevant guidelines and legislation around data protection including guidance from the Information Commissioner’s Office. 

Third party fundraising was undertaken by some of our corporate partners, all of whom had an existing relationship with Fight for Peace. On these occasions, Fight for Peace supported them with information, brand collateral and other material, on a case-by-case basis. We reviewed all marketing and promotional materials to ensure young people were represented in line with Fight for Peace values and all vulnerable individuals were protected. 

Fight for Peace operates fundraising in a way that is compliant with the Fundraising Regulators Code. Fight for Peace is a paid-up member at the Fund Raising Regulator (https://www.fundraisingregulator.org.uk/directory?name=Fight+for+peace) and has not received any complaints regarding fundraising to date. 

**34** 



## **FINANCIAL REVIEW** 

## **RESERVES POLICY** 

The Fight for Peace reserves policy is designed to provide the charity with a robust financial platform from which to manage known and unforeseen challenges it may face . The policy is informed by Fight for Peace’s values and an understanding of our risk profile. Fight for Peace reserves are made up of unrestricted funds sourced from earned income, unrestricted donations, and savings made against previous project budgets where the funder has agreed that Fight for Peace can use the savings as reserves. 

The unrestricted free reserves fund consists of sufficient reserves to ensure Fight for Peace can undertake the following responsibilities: 

1.  Pay redundancies in the event of downsizing or closure. 

2.  Pay legal and financial advisors to advise on the closing down / downsizing process, plus two key administration staff to manage the process. 

3.  Retain a small management taskforce for four months, designed to save the organisation in extreme circumstances. 

Redundancy payments will be calculated at the statutory rate. Amounts will be calculated as of 31 December of the following year to ensure adequate funds to make redundancy payments through the year ahead. The reserves fund is monitored on a monthly basis by the executive team and presented to Trustees on a quarterly basis. 

The minimum unrestricted reserve level required for 2024 is £244k. Actual free reserves at year end were £173k. This equates to 4.6 months of unrestricted running costs. Designated funds for the year were £2.2m (2023: £2.31m) which reflects the value of the assets including its buildings that were transferred to Fight for Peace International when it merged with Fight for Peace UK in 2019. 

## **GOING CONCERN** 

The Trustees have assessed the financial position of the charity and have a reasonable expectation that the charity has adequate resources to continue its operations for the foreseeable future. This assessment has been made based on the following factors: 

**1. �Financial�Review�and�Projections:�** The Trustees have reviewed the charity’s financial position, including its reserves, cash flow, and income forecasts. Detailed financial projections have been prepared for the next 12 months, which include consideration of the charity’s ongoing commitments and expected income streams. The Trustees are satisfied that the charity will be able to meet its obligations as they fall due. 

**2. �Income�and�Fundraising:�** The charity has a diversified income base, including donations, grants, and contracts, which provide stability in funding. The Trustees have also considered the risks of any potential reduction in income and have plans in place to manage any such eventualities. 

**3. �Risk�Management:** The trustees regularly review key financial and operational risks, and steps have been taken to mitigate these risks. 

**4. �Reserves:�** We believe that there is a material uncertainty over the sustainability of the charity. The charity will continue to face challenging cashflow issues over the next 12 months. However, the charity will hold a level of reserves which will allow it to continue in operation for at least 12 months from the signing date of the 2024 annual report and accounts and consider it appropriate to adopt the going concern basis of accounting in preparing the financial statements. 

The Trustees will continue to closely monitor the financial situation and take appropriate actions as necessary to ensure the charity remains in a strong position to fulfil its mission. 

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## **TRUSTEES’ RESPONSIBILITIES STATEMENT** 

The Trustees (who are also Directors of the organisation for the purposes of company law) are responsible for preparing the Trustees’ Annual Report and the Financial Statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). 

Company law required the Trustees to prepare financial statements for each financial period which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the group for that period. In preparing these financial statements, the Trustees are required to: 

- select suitable accounting policies and then apply them consistently; 

- observe the methods and principles according to Charities SORP; 

- make judgements and estimates that are reasonable and prudent; 

- state whether applicable UK Accounting Standards have been followed subject to any material departures disclosed and explained in the financial statements; and 

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business. 

The Trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the Group and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. 

In so far as the Trustees are aware: 

- There is no relevant audit information of which the charitable company’s auditor is unaware; 

- The Trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditor is aware of that information. 

The Trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company’s website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. 

## **FUTURE PLANS** 

Fight for Peace has committed to developing and strengthening our Five Pillar approach, with a thematic focus on the prevention of Violence Against Women and Girls (VAWG) supported by our partner Comic Relief. Our work is more important than ever, and Trustees are focused on building relationships with partner and funder organisations and extending our influence by working with other charities within the Alliance and the Collectives. Fight for Peace will continue to develop world-class programmes following the success of the Life Champions project, which can be shared throughout the sport for development sector, for instance in Youth Leadership and VAWG. 

Internally, the Trustees remain dedicated to the young people who attend our Academy and fully support the competitive ambitions of our athletes, as well as their continued personal development and educational aspirations. In 2025, our competitive athletes will be attending more competitions, and Fight for Peace is hosting more competitions and immersive events than ever before. We have already enhanced the employability programme to provide high-quality training, qualifications and work experience opportunities, with a clear plan for continued improvement. The professional development of our coaching and mentoring staff remains a high priority and, despite financial constraints, we will continue to provide opportunities for our team to learn and grow. 

Thanks to our funders we have a programme of building repairs and improvements taking place during 2025 and 2026, focusing on inclusion and safety. 

This report was approved by the Trustees on 25 September 2025 and signed on their behalf by 

**36** 

Anne- Marie Piper, Chair, Fight for Peace International Board of Trustees 



## **INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS OF FIGHT FOR PEACE INTERNATIONAL** 

## **OPINION** 

We have audited the financial statements of Fight for Peace International (the ‘parent charitable company’) and its subsidiary (the ‘group’) for the year ended 31 December 2024 which comprise the consolidated statement of financial activities, the group and parent charitable company balance sheets, the consolidated statement of cash flows and the notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 _The Financial Reporting Standard applicable in the UK and Republic of Ireland_ (United Kingdom Generally Accepted Accounting Practice). 

In our opinion, the financial statements: 

- Give a true and fair view of the state of the group’s and of the parent charitable company’s affairs as at 31 December 2024 and of the group’s incoming resources and application of resources, including its income and expenditure, for the year then ended 

- Have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice 

- Have been prepared in accordance with the requirements of the Companies Act 2006 and the Charities Act 2011 

## **BASIS FOR OPINION** 

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the group financial statements section of our report. We are independent of the group and parent charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. 

## **MATERIAL UNCERTAINTY RELATING TO GOING CONCERN** 

We draw attention to note 1d in the financial statements, which indicates that the trustees reflect on the current financial position of the charity and the fact that the forecasts for the next 12 months include material levels of future funding that are yet to be secured. As stated in note 1d, these events or conditions, indicate that a material uncertainty exists that may cast significant doubt on the company’s ability to continue as a going concern. Our opinion is not modified in respect of this matter. 

In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Our evaluation of the trustees’ assessment of the entity’s ability to continue to adopt the going concern basis of accounting included reviewing the forecasts and budgets prepared by management and assessing the valuation and impact of potential cost-saving measures. Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report. 

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## **INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS OF FIGHT FOR PEACE INTERNATIONAL** 

## **OTHER INFORMATION** 

The other information comprises the information included in the trustees’ annual report, other than the group financial statements and our auditor’s report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the group financial statements does not cover the other information, and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the group financial statements or our knowledge obtained in the course of the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the group financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. 

We have nothing to report in this regard. 

## **OPINIONS ON OTHER MATTERS PRESCRIBED BY THE COMPANIES ACT 2006** 

In our opinion, based on the work undertaken in the course of the audit: 

- The information given in the trustees’ annual report for the financial year for which the financial statements are prepared is consistent with the financial statements 

- The trustees’ annual report has been prepared in accordance with applicable legal requirements 

## **MATTERS ON WHICH WE ARE REQUIRED TO REPORT BY EXCEPTION** 

In the light of the knowledge and understanding of the group and the parent charitable company and their environment obtained in the course of the audit, we have not identified material misstatements in the trustees’ annual report. 

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 and Charities Act 2011 requires us to report to you if, in our opinion: 

- Adequate accounting records have not been kept by the parent charitable company, or returns adequate for our audit have not been received from branches not visited by us; or 

- The parent charitable company financial statements are not in agreement with the accounting records and returns; or 

- Certain disclosures of trustees’ remuneration specified by law are not made; or 

- We have not received all the information and explanations we require for our audit; or 

- The directors were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies’ exemptions in preparing the trustees’ annual report and from the requirement to prepare a strategic report. 

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## **INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS OF FIGHT FOR PEACE INTERNATIONAL** 

## **RESPONSIBILITIES OF TRUSTEES** 

As explained more fully in the statement of trustees’ responsibilities set out in the trustees’ annual report, the trustees (who are also the directors of the parent charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. 

In preparing the financial statements, the trustees are responsible for assessing the group’s and the parent charitable company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the group or the parent charitable company or to cease operations, or have no realistic alternative but to do so. 

## **AUDITOR’S RESPONSIBILITIES FOR THE AUDIT OF THE FINANCIAL STATEMENTS** 

We have been appointed auditor under the Companies Act 2006 and section 151 of the Charites Act 2011 and report in accordance with those Acts. 

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. 

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud are set out below. 

## **CAPABILITY OF THE AUDIT IN DETECTING IRREGULARITIES** 

In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and non- compliance with laws and regulations, our procedures included the following: 

- We enquired of management, and the audit and risk committee, which included obtaining and reviewing supporting documentation, concerning the group’s policies and procedures relating to: 

   - Identifying, evaluating, and complying with laws and regulations and whether they were aware of any instances of non-compliance; 

   - Detecting and responding to the risks of fraud and whether they have knowledge of any actual, suspected, or alleged fraud; 

   - The internal controls established to mitigate risks related to fraud or non-compliance with laws and regulations. 

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## **INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS OF FIGHT FOR PEACE INTERNATIONAL** 

- We inspected the minutes of meetings of those charged with governance. 

- We reviewed reporting from overseas partners and operations during the period. 

- We obtained an understanding of the legal and regulatory framework that the group operates in, focusing on those laws and regulations that had a material effect on the financial statements or that had a fundamental effect on the operations of the group from our professional and sector experience. 

- We communicated applicable laws and regulations throughout the audit team and remained alert to any indications of non-compliance throughout the audit. 

- We reviewed any reports made to regulators. 

- We reviewed the financial statement disclosures and tested these to supporting documentation to assess compliance with applicable laws and regulations. 

- We performed analytical procedures to identify any unusual or unexpected relationships that may indicate risks of material misstatement due to fraud. 

- In addressing the risk of fraud through management override of controls, we tested the appropriateness of journal entries and other adjustments, assessed whether the judgements made in making accounting estimates are indicative of a potential bias and tested significant transactions that are unusual or those outside the normal course of business. 

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation. 

A further description of our responsibilities is available on the Financial Reporting Council’s website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report. 

## **USE OF OUR REPORT** 

This report is made solely to the charitable company’s members as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006 and section 144 of the Charities Act 2011 and regulations made under section 154 of that Act. Our audit work has been undertaken so that we might state to the charitable company’s members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company’s members as a body, for our audit work, for this report, or for the opinions we have formed. 

Noelia Serrano (Senior statutory auditor) Date 25 September 2025 

for and on behalf of Sayer Vincent LLP, Statutory Auditor 110 Golden Lane, LONDON, EC1Y 0TG 

Sayer Vincent LLP is eligible to act as auditor in terms of section 1212 of the Companies Act 2006 

**40** 



## **FINANCIAL** STATEMENTS 

## **Consolidated statement of financial activities** 

(incorporating an income and expenditure account) 

## **Fight for Peace International For the year ended 31 December 2024** 

|Note<br>**Income from:**<br>Donations and legacies<br>Other<br>**Total income**<br>9<br>**Expenditure on:**<br>Fundraising<br>Charitable Programmes<br>2a<br>**Total expenditure**<br>**Net (expenditure) /**<br>**income for the year**<br>3<br>Transfers between funds<br>9<br>**Net movement in funds**<br>**Reconciliation of funds:**<br>Total funds brought<br>forward<br>**Total funds**<br>**carried forward**<br>9|**Restricted**<br>£<br>1,703,148<br>-|**Designated **<br>£|**Unrestricted**<br>£<br>415,085<br>37,199|**2024**<br>**Total**<br>£<br>2,118,234<br>37,199<br>2,155,433<br>202,014<br>1,975,002<br>2,177,016<br>(21,584)<br>-<br>(21,584)<br>2,996,767<br>2,975,183|**Restricted**<br>£<br>1,524,468<br>-|**Designated **|**Unrestricted**<br>£<br>365,426<br>44,107|**2023**<br>**Total**<br>£<br>1,889,894<br>44,107|
|---|---|---|---|---|---|---|---|---|
||1,703,148|-|452,284||1,524,468||409,533|1,934,001|
||1,605,249|112,289|202,014<br>257,464||-<br>1,709,615|112,289|170,234<br>273,205|170,234<br>2,095,109|
||1,605,249|112,289|459,478||1,709,615|112,289|443,439|2,265,343|
||97,899<br>(2,693)|(112,289)|(7,194)<br>2,693||(185,148)<br>(102,231)|(112,289)|(33,906)<br>102,231|(331,343)<br>-|
||95,206|(112,289)|(4,501)||(287,379)|(112,289)|68,325|(331,343)|
||447,051|2,311,622|238,094||734,430|2,423,911|169,769|3,328,110|
||542,257|2,199,333|233,593||447,051|2,311,622|238,094|2,996,767|



All of the above results are derived from continuing activities. There were no other recognised gains or losses other than those stated above. Movements in funds are disclosed in Note 9 to the financial statements. 

**41** 

**F I G H T  F O R  P E A C E |  T R U S T E E S  A N N U A L  R E P O R T  2 0 2 4** 



## **FINANCIAL** STATEMENTS 

## **Balance sheet** 

**Fight for Peace International – Company no. 07296495 As at 31 December 2024** 

|**Group**<br>**2024**<br>**2023**<br>Note<br>**£**<br>£<br>**Fixed assets:**<br>Tangible assets<br>5<br>**2,259,542**<br>2,375,673<br>Investment in subsidiary company<br>11<br>**-**<br>-<br>**2,259,542**<br>2,375,673<br>**Current assets:**<br>Debtors<br>6<br>**374,838**<br>183,663<br>Cash at bank and in hand<br>**448,807**<br>564,497<br>Stock<br>**4,250**<br>**827,895**<br>748,160<br>**Current liabilities:**<br>Creditors: amounts falling due within one year<br>7<br>**(112,254)**<br>(127,066)<br>**Net current assets**<br>**715,641**<br>621,094<br>**Total net assets**<br>**2,975,183**<br>2,996,767<br>**Funds**<br>Unrestricted funds<br>8<br>**233,593**<br>238,094<br>Designated funds<br>8<br>**2,199,333**<br>2,311,622<br>Restricted<br>8<br>**542,257**<br>447,051<br>**Total funds**<br>**2,975,183**<br>2,996,767|**Group**<br>**2024**<br>**2023**<br>Note<br>**£**<br>£<br>**Fixed assets:**<br>Tangible assets<br>5<br>**2,259,542**<br>2,375,673<br>Investment in subsidiary company<br>11<br>**-**<br>-<br>**2,259,542**<br>2,375,673<br>**Current assets:**<br>Debtors<br>6<br>**374,838**<br>183,663<br>Cash at bank and in hand<br>**448,807**<br>564,497<br>Stock<br>**4,250**<br>**827,895**<br>748,160<br>**Current liabilities:**<br>Creditors: amounts falling due within one year<br>7<br>**(112,254)**<br>(127,066)<br>**Net current assets**<br>**715,641**<br>621,094<br>**Total net assets**<br>**2,975,183**<br>2,996,767<br>**Funds**<br>Unrestricted funds<br>8<br>**233,593**<br>238,094<br>Designated funds<br>8<br>**2,199,333**<br>2,311,622<br>Restricted<br>8<br>**542,257**<br>447,051<br>**Total funds**<br>**2,975,183**<br>2,996,767|**Group**<br>**2024**<br>**2023**<br>Note<br>**£**<br>£<br>**Fixed assets:**<br>Tangible assets<br>5<br>**2,259,542**<br>2,375,673<br>Investment in subsidiary company<br>11<br>**-**<br>-<br>**2,259,542**<br>2,375,673<br>**Current assets:**<br>Debtors<br>6<br>**374,838**<br>183,663<br>Cash at bank and in hand<br>**448,807**<br>564,497<br>Stock<br>**4,250**<br>**827,895**<br>748,160<br>**Current liabilities:**<br>Creditors: amounts falling due within one year<br>7<br>**(112,254)**<br>(127,066)<br>**Net current assets**<br>**715,641**<br>621,094<br>**Total net assets**<br>**2,975,183**<br>2,996,767<br>**Funds**<br>Unrestricted funds<br>8<br>**233,593**<br>238,094<br>Designated funds<br>8<br>**2,199,333**<br>2,311,622<br>Restricted<br>8<br>**542,257**<br>447,051<br>**Total funds**<br>**2,975,183**<br>2,996,767|**Charity**<br>**2024**<br>**2023**<br>**£**<br>£<br>**2,259,542**<br>2,375,673<br>**100**<br>100<br>**2,259,642**<br>2,375,773<br>**418,365**<br>178,537<br>**427,730**<br>560,990<br>**-**<br>**846,095**<br>739,527<br>**(110,284)**<br>(99,191)<br>**735,811**<br>640,336<br>**2,995,453**<br>3,016,109<br>**253,863**<br>257,436<br>**2,199,333**<br>2,311,622<br>**542,257**<br>447,051<br>**2,995,453**<br>3,016,109|**Charity**<br>**2024**<br>**2023**<br>**£**<br>£<br>**2,259,542**<br>2,375,673<br>**100**<br>100<br>**2,259,642**<br>2,375,773<br>**418,365**<br>178,537<br>**427,730**<br>560,990<br>**-**<br>**846,095**<br>739,527<br>**(110,284)**<br>(99,191)<br>**735,811**<br>640,336<br>**2,995,453**<br>3,016,109<br>**253,863**<br>257,436<br>**2,199,333**<br>2,311,622<br>**542,257**<br>447,051<br>**2,995,453**<br>3,016,109|
|---|---|---|---|---|
||||**2024**||
||||**£**||
||||||
||||||
||||**2,259,542**||
||||**100**||
||||||
|||||2,375,773|
||||**2,259,642**||
|||||178,537<br>560,990|
||||**418,365**||
||**448,807**||**427,730**||
||**4,250**||**-**||
||||||
|||748,160||739,527|
||**827,895**||**846,095**||
|||||(99,191)|
||||**(110,284)**||
||||||
|||621,094||640,336|
||**715,641**||**735,811**||
||||||
|||||3,016,109|
||||**2,995,453**||
||||||
|||||257,436<br>2,311,622<br>447,051|
||||||
||||**253,863**||
||||**2,199,333**||
||**542,257**||**542,257**||
||||||
|||2,996,767||3,016,109|
||**2,975,183**||**2,995,453**||



The notes on following form part of these accounts. 

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

Approved by the Trustees on 25 September 2025 and signed on their behalf by 

Anne-Marie Piper Chair, Fight for Peace International Board of Trustees 

**43** 

**F I G H T  F O R  P E A C E |  T R U S T E E S  A N N U A L  R E P O R T  2 0 2 4** 



## **FINANCIAL** STATEMENTS 

## **Consolidated cash flow statement** 

**Fight for Peace International For the year ended 31 December 2024** 

|Note<br>**Net cash flows from the operating activities**<br>10<br>**Cash flows from investing activities:**<br>Purchase of fixed assets<br>Purchase of stock<br>Bank interest<br>**Net cash used in investing activities**<br>**Change in cash and cash equivalents in the year**<br>Cash and cash equivalents at the beginning of the year<br>Cash and cash equivalents at the end of the year<br>**Reconciliation to cash at bank and in hand:**<br>Cash at bank and in hand<br>Cash and cash equivalents|**2024**<br>£<br>(87,695)<br>(23,898)<br>(4,250)<br>154<br>(27,994)<br>(115,690)<br>564,497<br>448,807<br>448,807<br>448,807|**2023**<br>£<br>(251,241)<br>(72,069)<br>-<br>7,740|
|---|---|---|
|||(64,330)|
|||(315,571)<br>880,067|
|||564,497|
|||564,497|
|||564,497|



**42** 



## **NOTES** TO THE FINANCIAL STATEMENTS 

## **Fight for Peace International For the year ended 31 December 2024** 

## **1 Accounting policies** 

## **a) Basis of preparation** 

The financial statements have been prepared in accordance with 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) - (Charities SORP FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. These financial statements consolidate the results of the charitable company and its wholly-owned subsidiary Fight for Peace Trading Limited on a line by line basis. Transactions and balances between the charitable company and its subsidiary have been eliminated from the consolidated financial statements. Balances between the two companies are disclosed in the notes of the charitable company’s balance sheet. A separate statement of financial activities, or income and expenditure account, for the charitable company itself is not presented because the charitable company has taken advantage of the exemptions afforded by section 408 of the Companies Act 2006. 

Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy or note. 

**b) Statutory information** 

Fight for Peace International is a charitable company limited by guarantee and is incorporated in the United Kingdom. The registered office address is Fight for Peace Academy, Woodman Street, North Woolwich, London E16 2LS. 

**c) Public benefit entity** 

The charitable company meets the definition of a public benefit entity under FRS 102. 

## **d) Going concern** 

The financial statements have been prepared on a going concern basis, which assumes that the charity will continue to operate for the foreseeable future. 

The trustees have assessed the charity’s ability to continue as a going concern, considering a period of at least 12 months from the approval date of these financial statements. This assessment involved a detailed review of the charity’s current financial position, cash flow forecasts, anticipated income streams, and future funding commitments. The trustees believe that there is a material uncertainty over the sustainability of the charity. The charity will continue to face challenging cash flow issues over the next 12 months. However, the charity will hold a level of reserves which will allow it to continue in operation for at least 12 months from the signing date of the 2024 annual report and accounts and consider it appropriate to adopt the going concern basis of accounting in preparing the financial statements. 

**e) Income** 

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the income have been met, it is probable that the income will be received and that the amount can be measured reliably. 

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

For legacies, entitlement is taken as the earlier of the date on which either: the charity is aware that probate has been granted, the estate has been finalised and notification has been made by the executor(s) to the charity that a distribution will be made, or when a 

distribution is received from the estate. Receipt of a legacy, in whole or in part, is only considered probable when the amount can be measured reliably and the charity has been notified of the executor’s intention to make a distribution. Where legacies have been notified to the charity, or the charity is aware of the granting of probate, and the criteria for income recognition have not been met, then the legacy is a treated as a contingent asset and disclosed if material. 

Income received in advance of the provision of a specified service is deferred until the criteria for income recognition are met. 

**f) Donations of gifts, services and facilities** 

Donated professional services and donated facilities are recognised as income when the charity has control over the item or received the service, any conditions associated with the donation have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), volunteer time is not recognised so refer to the trustees’ annual report for more information about their contribution. 

On receipt, donated gifts, professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt. 

## **g) Interest receivable** 

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank. 

**h) Fund accounting** 

Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets these criteria is charged to the fund. 

Unrestricted funds are donations and other incoming resources received or generated for the charitable purposes. 

Designated funds are unrestricted funds earmarked by the trustees for particular purposes. 

**i) Expenditure and irrecoverable VAT** 

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings: 

– Expenditure on charitable activities includes the costs of delivering community programmes undertaken to further the purposes of the charity and their associated support costs 

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred. 

**j)� Grants�payable** 

Grants payable are made to third parties in furtherance of the charity’s objects. Single or multi-year grants are accounted for when either the recipient has a reasonable expectation that they will receive a grant and the trustees have agreed to pay the grant without condition, or the recipient has a reasonable expectation that they will receive a grant and that any condition attaching to the grant is outside of the control of the charity. 

Provisions for grants are made when the intention to make a grant has been communicated to the recipient but there is uncertainty about either the timing of the grant or the amount of grant payable. 

## **k) Allocation of support costs** 

As the charity carries out one main activity, the delivery of community programmes, all support and governance costs have been allocated to this activity. Note 3 includes details of all expenditure. 

Governance costs are the costs associated with the governance arrangements of the charity. These costs are associated with constitutional and statutory requirements and include any costs associated with the strategic management of the charity’s activities. 

**l) Operating leases** Rental charges are charged on a straight line basis over the term of the lease. 

## **m) Tangible fixed assets** 

Items of equipment are capitalised where the purchase price exceeds £500. Depreciation costs are allocated to activities on the basis of the use of the related assets in those activities. Assets are reviewed for impairment if circumstances indicate their carrying value may exceed their net realisable value and value in use. 

Depreciation is provided at rates calculated to write down the cost of each asset to its estimated residual value over its expected useful life. The depreciation rates in use are as follows: 

– Computer Equipment 3 years – Furniture & Fixtures 3 years – Building 25 years – Vehicles 3 years 

**n) Investments in subsidiaries** 

Investments in subsidiaries are at cost. 

## **o) Debtors** 

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. 

**p) Cash at bank and in hand** 

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. Cash balances exclude any funds held on behalf of service users. 

## **q) Creditors and provisions** 

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. 

## **r) 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 with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method. 

**s) Foreign currency translations** 

Monetary 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 sterling at the average rate of exchange for the year. Exchange differences are taken into account in arriving at the net incoming resources for the year. 

**44** 



## **NOTES** TO THE FINANCIAL STATEMENTS 

## **Fight for Peace International** 

## **For the year ended 31 December 2024** 


**----- Start of picture text -----**<br>
2a Analysis of charitable activities (current year)<br>Restricted Unrestricted 2024 2023<br>**----- End of picture text -----**<br>


|||Restricted|Unrestricted|**2024**|2023|
|---|---|---|---|---|---|
||**Activities**<br>**undertaken directly**|£|£|**£**|£|
||<br>Staff and<br>consultancy costs|971,345|284,030|**1,255,375**|1,023,379|
||Project costs<br>**Fundraising Costs**<br>**(excluding salaries)**|255,287|50,985|**306,272**|471,469|
|||1,226,632|335,015|**1,561,647**|1,494,848|
|||-|2,977|**2,977**|70,918|
||**Support costs**<br>**(as detailed below)**<br>**Grants payable**|145,337|233,774|**379,112**|279,861|
|||1,371,969|571,767|**1,943,736**|1,845,627|
|||||||
||Sports England Tackling<br>Inequalities Fund|-|-|**-**|151,705|
||Sports England TIF3|-|-|**-**|4,641|
||<br>Common Wealth, EU,<br>AFJ & Inter American<br>Foundation|-|-|**-**|23,878|
||Mayor Of London Policing<br>& Crime - Act As One<br>21/23|-|-|**-**|90,924|
||Mayor Of London Policing<br>& Crime - Act As One<br>23/24|128,228|-|**128,228**|97,757|
||Mayor Of London Policing<br>& Crime - Sustainability<br>Fund|92,475|-|**92,475**|-|
||Laureus Sport for Good<br>**Total**<br>**Fundraising Costs**<br>Fundraising costs<br>including salaries<br>**Support Costs**<br>Other staff costs|12,577|-|**12,577**|50,812|
|||233,280|-|**233,280**|419,717|
|||1,605,249|571,767|**2,177,016**|2,265,344|
|||Restricted<br>£<br>Restricted<br>£<br>21,105|Unrestricted<br>£<br>202,014<br>Unrestricted<br>£<br>8,445|**2024**<br>**£**<br>**202,014**<br>**2024**<br>**£**<br>**29,550**|2023<br>£<br>170,233<br>2023<br>£<br>15,790|
||Legal fees|-|32|**32**|(23,923)|
||Professional fees|10,899|6,969|**17,868**|22,077|
||Insurance|-|24,690|**24,690**|28,831|
||Telephone and<br>fax IT expenses|-|16,427|**16,427**|37,392|
||Office and<br>administration costs|113,073|47,802|**160,875**|56,616|
||Depreciation|-|140,030|**140,030**|125,843|
||Taxation|-|(32,567)|**(32,567)**|-|
||Governance Costs -<br>Audit fees|-|19,230|**19,230**|14,150|
||Governance Costs||89|**89**|-|
||Bank charges|260|137|**397**|3,085|
||Disposal of fixed assets|-|2,490|**2,490**|-|
|||145,337|233,774|**379,111**|279,861|




**----- Start of picture text -----**<br>
2b Analysis of charitable activities (prior year)<br>**----- End of picture text -----**<br>


||||||
|---|---|---|---|---|
||**Activities**<br>**undertaken directly**|Restricted<br>£|Unrestricted<br>£|**2023**<br>**£**|
||Salaries, Employer’s<br>National Insurance and<br>Pension Costs|859,134|164,245|**1,023,379**|
||Project costs<br>**Fundraising Costs**<br>**(excluding salaries)**|415,698|55,771|**471,469**|
|||1,274,832|220,016|**1,494,848**|
||||70918|**70,918**|
||**Support costs**<br>**(as detailed below)**<br>**Grants payable**|39,245|240,616|**279,861**|
|||1,314,077|531,550|**1,845,627**|
||||||
||Sports England Tackling<br>Inequalities Fund|151,705|-|**151,705**|
||Sports England TIF3|4,641|-|**4,641**|
||Common Wealth, EU,<br>AFJ & Inter American<br>Foundation|23,877|-|**23,877**|
||Mayor Of London Policing<br>& Crime – Act As One<br>20/23|90,924|-|**90,924**|
||UEFA–SCI Jamaica|97,757|-|**97,757**|
||Laureus Sport for Good<br>**Total**|26,633|24,179|**50,812**|
|||395,537|24,179|**419,716**|
|||1,709,614|555,729|**2,265,343**|



|**Fundraising Costs**<br>Fundraising<br>**Support Costs**<br>Other staff costs|Restricted<br>£<br>Restricted<br>£<br>7,952|Unrestricted<br>£<br>170,234<br>Unrestricted<br>£<br>7,838|**2023**<br>**£**<br>**170,234**<br>**2023**<br>**£**<br>**15,790**|
|---|---|---|---|
|Legal fees|-|4,158|**4,158**|
|<br>Professional fees|2,834|19,243|**22,077**|
|Insurance|1,465|27,366|**28,831**|
|Telephone and<br>fax IT expenses|13,047|24,345|**37,392**|
|Office and<br>administration costs|13,259|43,357|**56,616**|
|Depreciation|-|125,843|**125,843**|
|Taxation|-|(28,081)|**(28,081)**|
|Governance Costs –<br>Audit fees|-|14,150|**14,150**|
|Bank charges|688|2,397|**3,085**|
||39,245|240,616|**279,861**|



The negative taxation cost relates to an accrual for VAT costs in the trading company has been written off in 2024 

**F I G H T  F O R  P E A C E |  T R U S T E E S  A N N U A L  R E P O R T  2 0 2 4 45** 



## **NOTES** TO THE FINANCIAL STATEMENTS 

## **Fight for Peace International For the year ended 31 December 2024** 


**----- Start of picture text -----**<br>
3 Net expenditure for the year<br>2024 2023<br>This is stated after charging / (crediting): £ £<br>Depreciation of owned assets 140,030 125,843<br>Auditor’s remuneration (net of VAT):<br>Fees payable to the charity’s auditor for the audit of the charity’s annual financial statements 19,230 14,150<br>4 Staff costs<br>Group & Charity Group & Charity<br>2024 2023<br>£ £<br>Gross salaries 909,845 922,009<br>Employer’s National Insurance costs 86,018 86,425<br>Pension Costs  25,405 24,957<br>Sessional staff pay 12,126 70,918<br>Jamaica staff cost 92,788 163,169<br>1,126,184 1,267,478<br>2024 2023<br>No. No.<br>Average head count number of employees in the year (all employed in charitable activities) 37 35<br>The following number of employees received employee benefits (excluding employer pension costs and employer’s<br>national insurance) during the year between:<br>2024 2023<br>No. No.<br>£60,000 - £69,999 1 1<br>£70,000 - £79,999 1 -<br>£80,000 - £89,999 - -<br>**----- End of picture text -----**<br>


The key management personnel of the Charity are listed on page 29. The total remuneration (including pension contributions, excluding social security costs) of the key management personnel of the Charity and Group for the year totalled £202,398 (2023: £316,924). The total social security costs of the key management personnel of the Charity and Group for the year totalled £23,177 (2023: £36,239). 

During the year, the charity made total termination payments of £0 (2023: 45,616) due to redundancies. These costs are included in the gross salaries shown above. 

- **5 Fixed assets – Charity and Group** 

|**Fixed assets – Charity and Group**||||||
|---|---|---|---|---|---|
|**Cost**<br>Balance at 1 January 2024<br>Additions<br>Disposals<br>Balance at 31 December 2024<br>**Depreciation**<br>Balance at 1 January 2024<br>Charge for the year<br>Disposals<br>Balance at 31 December 2024<br>**Net book value**<br>**At 31 December 2024**<br>At 1 January 2024|Building<br>£<br>2,807,221<br>-<br>-|<br>Computer<br>Equipment<br>£<br>30,995<br>3,349<br>-|<br> <br>Furniture &<br>Fittings<br>£<br>58,554<br>20,549<br>(2,490)|<br> <br>Vehicles<br>£<br>26,745<br> <br>-<br>-|**Total**<br>**£**<br>**2,923,515**<br>**23,898**<br>**(2,490)**|
||**2,807,221**|**34,344**|**76,613**|**26,745**|**2,944,923**|
||495,599<br>112,289|27,243<br>2,992|17,570<br>15,834<br>(2,490)|7,429<br>8,915|**547,841**<br>**140,030**<br>**(2,490)**|
||**607,888**|**30,235**|**30,914**|**16,344**|**685,381**|
||**2,199,333**|**4,109**|**45,699**|**10,401**|**2,259,542**|
||2,311,622|3,751|40,984|19,316|**2,375,673**|



**46** 



## **NOTES** TO THE FINANCIAL STATEMENTS 

## **Fight for Peace International** 

## **For the year ended 31 December 2024** 

|**6**<br>**Debtors**|||||
|---|---|---|---|---|
|Prepayments<br>Accrued income<br>Other debtors|**Group**<br>**2024**<br>**£**<br>**17,662**<br>**299,435**<br>**57,741**|2023<br>£<br>21,667<br>18,215<br>143,781|**Charity**<br>**2024**<br>**£**<br> <br>**17,651**<br> <br>**299,435**<br> <br>**101,279**|2023<br>£<br>21,667<br>11,315<br>145,556|
||**374,838**|183,663|**418,365**|178,538|
||||||
|**7**<br>**Creditors: amounts falling due within one year**|||||
|Trade creditors<br>Accruals<br>Other creditors<br>Other taxes and social security costs<br>VAT Liability|**Group**<br>**2024**<br>**£**<br>**26,655**<br>**59,971**<br>**3,905**<br>**21,653**<br>**70**|2023<br>£<br> <br>25,188<br> <br>24,639<br> <br>24,435<br> <br>18,411<br> <br>34,394|**Charity**<br>**2024**<br>**£**<br>**22,915**<br>**58,232**<br>**7,484**<br>**21,653**<br> **-**|2023<br>£<br> <br>25,188<br> <br>22,641<br> <br>32,951<br> <br>18,411<br> -|
||**112,254**|127,067|**110,284**|99,191|
||||||
|**8a Analysis of net assets between funds – current year**|||||
|**Group**<br>Tangible fixed assets<br>Current assets<br>Current liabilities<br>**Charity**<br>Tangible fixed assets<br>Current assets<br>Current liabilities|Designated<br>£<br>2,199,333<br>-<br>-|Restricted<br>£<br> <br>-<br>542,257<br>-|Unrestricted<br>£<br> <br>60,209<br> <br>285,638<br>(112,254)|**2024**<br>**£**<br> <br>**2,259,542**<br>**827,895**<br>**(112,254)**|
||2,199,333|542,257|233,593|**2,975,183**|
||2,199,333<br>-<br>-|-<br>542,257<br>-|60,209<br>303,838<br>(110,184)|**2,259,542**<br>**846,095**<br>**(110,284)**|
||2,199,333|542,257|253,863|**2,995,453**|
||||||
|**8b Analysis of net assets between funds – prior year**|||||
|**Group**<br>Tangible fixed assets<br>Current assets<br>Current liabilities<br>**Charity**<br>Tangible fixed assets<br>Current assets<br>Current liabilities|Designated<br>£<br>2,311,622<br>-<br>-|Restricted<br>£<br> <br>-<br>447,051<br>-|Unrestricted<br>£<br>64,051<br> <br>301,109<br>(127,066)|**2023**<br>**£**<br> <br>**2,375,673**<br>**748,160**<br>**(127,066)**|
||2,311,622|447,051|238,094|**2,996,767**|
||2,311,622<br>-<br>-|-<br>447,051<br>-|64,051<br>292,576<br>(99,191)|**2,375,673**<br>**739,627**<br>**(99,191)**|
||2,311,622|447,051|257,436|**3,016,109**|



**47** 

**F I G H T  F O R  P E A C E |  T R U S T E E S  A N N U A L  R E P O R T  2 0 2 4** 



## **NOTES** TO THE FINANCIAL STATEMENTS 

## **Fight for Peace International For the year ended 31 December 2024** 


**----- Start of picture text -----**<br>
9a Movement in funds – current year<br>At 1 January  At 31 December<br>2024 Income Transfers Expenditure 2024<br>Restricted funds: £ £ £ £ £<br>Access Foundation 1,599 - - 1,599 -<br>Access Foundation 2024-25 grant - 42,600 - 5,758 36,842<br>Access Sport - 1,000 - 1,000 -<br>Active Communities - - - 1,000 (1,000)<br>American Friends of Jamaica (8,097) 13,817 - 5,011 709<br>Arts Council - 19,000 - 11,881 7,119<br>BLF - GAN (146) - 146 - -<br>City Bridge Trust - 142,415 - 31,972 110,443<br>Clothworkers 410 - - 410 -<br>Comic Relief Deepen or Scale Impact 12,895 7,500 - 20,395 -<br>Commonwealth Foundation 6,860 - - 6,860 -<br>Compass Wellbeing - 12,125 - 10,054 2,071<br>DWF Foundation - 2,240 - 2,240 -<br>East End Community Foundation - 23/24 Life Chances 12,308 (2,162) 10,146 -<br>East End Community Foundation -24/254 Life Chances - 15,900 2,162 5,442 12,620<br>East End Communiy Foundation Twilights 180 - - 180 -<br>Elevate Fund - 15,000 - 14,917 83<br>Estee Lauder 1,303 (1,303) - -<br>EU 53,240 116,714 199,517 (29,563)<br>Fidelity Foundation 17,415 - (2,805) 14,610 -<br>Garfield Weston Gym Equipment 9,976 - - 9,976 -<br>GLA - Future Ready Fund 9,882 50,000 - 30,640 29,242<br>GLA - More than a coach 187 - - 187<br>Hargreaves 17,831 35,560 - 29,635 23,756<br>Hobson (5,460) 5,460 - - -<br>Inter-American Foundation 24,816 - - 24,816 -<br>Irish Aid - 21,454 - 666 20,788<br>Jack Petchey Foundation 2,856 18,900 - 18,304 3,452<br>Laureus 418 50,837 10,120 61,374 -<br>Lewis Hamilton Comic Relief 8,506 - - 8,506 -<br>London Borough of Newham (MH & WB) 2022/23 - - 779 779 -<br>London Borough of Newham (MH & WB) 2023/24 (78) - 78 - -<br>London Borough of Newham/West Silvertown Foundation Youth Zone 13,365 35,900 - 48,708 557<br>London Borough of Newham People Powered Places - 19,820 43 19,863 -<br>London Borough of Newham Heritage Month - 7,550 - 6,948 602<br>London Marathon Charitable Trust 34,516 - - 32,176 2,340<br>London Marathon/West Silvertown Foundation Active Communities 78 - - - 78<br>London Youth Rise Up - 1,147 - 200 947<br>Luta Pela Paz - 10,000 - 6,716 3,284<br>MOPAC Act as 1 2020/20203 30 (30) - -<br>MOPAC Act as 1 2023/2024 1,311 187,498 30 188,839 -<br>MOPAC Small Grants - 4,825 - 4,825 -<br>MOPAC Sustainability Grant - 150,000 - 149,621 379<br>National Lottery Cost of Living Fund - 74,350 - 74,350 -<br>Nationa Lottery Heritage Fund - 9,490 - 8,257 1,233<br>National Lottery Reaching Communities - 196,096 - 31,966 164,130<br>Playtech 7,552 - (7,552) - -<br>Safe Lives Ltd 3,035 - - 3,036 -<br>St James' Place 28,757 40,000 - 46,038 22,719<br>SCI Jamaica (75) - - (75) -<br>Sport England Small Grants 3,904 - - 3,904 -<br>Sport England System Partner 125,869 395,950 - 392,842 128,977<br>Sport England TIF 3 279 - (279) - -<br>Sport England Together Fund (158) - 158 - -<br>Street Games 1,039 - - 1,039 -<br>Swedish Postcode 51,228 - (2,078) 49,150 -<br>UEFA 2,367 - - 2,367 -<br>UNICEF 8,237 - - 8,237 - Funds in deficit are<br>US Embassy 5,875 - - 5,875 - to contracted to be<br>Youth Empowerment (7,059) - - (7,508) 449 paid once the project<br>is completed (EU and<br>Total restricted funds 447,051 1,703,148 (2,693) 1,605,249 542,257 Active Communities)<br>Transfer into to<br>9a Movement in funds – current year Laureus restricted<br>fund from previously<br>Total restricted funds 447,051 1,703,148 (2,693) 1,605,249 542,257 unrestricted grant<br>Unrestricted funds: income.<br>General funds 238,094 452,284 2,693 459,478 233,593 Narrative to explain<br>Designated Funds  2,311,622 - - 112,289 2,199,333 purpose of restricted<br>funds, where income<br>Total unrestricted funds 2,549,716 452,284 2,693 571,767 2,432,926 of £50,000 or over has<br>Total funds 2,996,767 2,155,433 - 2,177,016 2,975,183 been received in year,<br>**----- End of picture text -----**<br>


Narrative to explain purpose of restricted funds, where income of £50,000 or over has been received in year, is given in note 9c. 

**48** 



## **NOTES** TO THE FINANCIAL STATEMENTS 

## **Fight for Peace International For the year ended 31 December 2024** 


**----- Start of picture text -----**<br>
9b Movement in funds – prior year<br>At 1 January  At 31 December<br>2023 Income Transfers Expenditure 2023<br>£ £ £ £<br>Restricted funds:<br>Access Foundation - 5,923 - 4,324 1,599<br>American Friends of Jamaica - - - 8,097 (8,097)<br>BLF - GAN - - (146) - (146)<br>Clothworkers - 33,000 (26,745) 5,845 410<br>Comic Relief Deepen or Scale Impact 60,000 - 47,105 12,895<br>Commonwealth Foundation (48) - - (6,908) 6,860<br>East End Community Foundation - 22/23 Life Chances  22,010 - 9,659 31,669 -<br>East End Community Foundation - 23/24 Life Chances - 30,900 (9,659) 8,933 12,308<br>East End Communiy Foundation Twilights - 9,657 - 9,477 180<br>Esteer Lauder 1,303 - - - 1,303<br>EU 102,674 33,060 - 82,494 53,240<br>Fidelity Foundation - 53,000 - 35,585 17,415<br>Garfield Weston Gym Equipment - 50,000 (36,476) 3,548 9,976<br>GLA - Future Ready Fund - 24,867 - 14,985 9,882<br>GLA - More than a coach (7,249) 7,436 - - 187<br>Hargreaves - 37,150 - 19,319 17,831<br>Hobson - - 5,460 (5,460)<br>Inter-American Foundation 29,951 98,613 - 103,747 24,817<br>Jack Petchey Foundation 1,940 3,724 - 2,808 2,856<br>Laureus 19,992 51,395 - 70,969 418<br>Lewis Hamilton Comic Relief 8,818 - - - 312 8,506<br>London Borough of Newham (MH & WB) 2022/23 7,107 - (3,528) 3,579 -<br>London Borough of Newham (MH & WB) 2023/24 7,820 3,528 11,426 (78)<br>London Borough of Newham/West Silvertown Foundation Youth Zone - 23,600 - 10,235 13,365<br>London Marathon Charitable Trust - 47,550 - 13,034 34,516<br>London Marathon/West Silvertown Foundation Active Communities - 11,250 - 11,172 78<br>London Youth - 4,000 - 4,000 -<br>MOPAC Act as 1 2020/20203 62,305 100,300 (3,715) 158,860 30<br>MOPAC Act as 1 2023/20204 - 187,497 3,715 189,901 1,311<br>MOPAC Disproportionality Challenge Fund (Inspiring Futures) - 20,000 - 20,000 -<br>NLCF 145 - (145) - -<br>Paul Hamlyn 30,167 - (30,167) - -<br>Peter Harrison Foundation 10,419 - - 10,419 -<br>Playtech 7,552 - - 7,552<br>Safe Lives Ltd 16,277 2,388 - 15,630 3,035<br>St James' Palace 23,352 40,000 - 34,595 28,757<br>SCI Jamaica - - - 75 (75)<br>Sport England Small Grants - 3,904 - - 3,904<br>Sport England System Partner 108,997 470,450 - 453,578 125,869<br>Sport England TIF 3 4,920 - 4,641 279<br>Sport England Together Fund 121,371 75,000 - 196,529 (158)<br>Street Games 16,000 4,000 - 18,961 1,039<br>Swedish Postcode 57,017 - - 5,789 51,228<br>UEFA 19,847 - - 17,480 2,367<br>UNICEF 8,237 - - - 8,237<br>US Embassy 5,875 - - - 5,875<br>Wellington 25,467 (588) (8,552) 16,327 -<br>Youth Empowerment 29,984 28,572 - 65,616 (7,060)<br>Total restricted funds 734,430 1,524,468 (102,231) 1,709,616 447,051<br>9b Movement in funds - prior year<br>Total restricted funds 734,430 1,524,468 (102,231) 1,709,616 447,051<br>Unrestricted funds:<br>General funds 169,769 409,533 102,231 443,439 238,094<br>Designated Funds  2,423,911 - - 112,289 2,311,622<br>Total unrestricted funds 2,593,680 409,533 102,231 555,728 2,549,716<br>Total funds 3,328,110 1,934,001 - 2,265,344 2,996,767<br>**----- End of picture text -----**<br>


**F I G H T  F O R  P E A C E |  T R U S T E E S  A N N U A L  R E P O R T  2 0 2 4 49** 



## **NOTES** TO THE FINANCIAL STATEMENTS 

## **Fight for Peace International** 

## **For the year ended 31 December 2024** 


**----- Start of picture text -----**<br>
9c Restricted Grants<br>City Bridge Foundation City Bridge Foundation works to reduce inequality and grow stronger,<br>more resilient and thriving communities across Greater London.<br>EU Programme to support youth impacted by inequality in Jamaica.<br>Greater London Authority Future Ready Fund Delivers person centred support which will prioritise young Londoners at risk of exclusion<br>or those affected by youth violence through a targeted programme which aims to offer sport<br>and mentoring to facilitate their successful transition from primary to secondary education.<br>Laureus Sport For Good Foundation Delivery of the FFP Alliance Programme, providing ongoing support to existing partner<br>organisations to strengthen and scale youth violence reduction activities.<br>Mayor’s Office for Policing and Crime (MOPAC)   Support our Act-As-1 programme to help MOPAC’s MyEnds Programme which<br>and MOPAC Sustainability Grant delivers targeted interventions to tackle violence in a neighbourhood area.<br>The sustainability grant assist in closing down the programme.<br>National Lottery Reach Communities Provided grants to projects and organisations that work to make positive<br>changes in their community.<br>Sport England System Partner Fund Provides strengthening and resilience of FFP and Alliance partners,<br>delivering Life Champions programme.<br>**----- End of picture text -----**<br>


**10 Reconcilation of net income to cash generated by operations** 

|Net (expenditure for the year<br>**Adjustmentsfor:**<br>Depreciation charges<br>Bank interest<br>Decrease / (Increase) in debtors<br>Increase / (Decrease) in creditors<br>Cash used in operating activities|**Group**<br>**2024**<br>**£**<br>**(21,584)**<br>**140,030**<br>**(155)**<br>**(191,175)**<br>**(14,812)**|2023<br>£<br>(331,342)<br>125,843<br>(7,740)<br>26,964<br>(64,965)|
|---|---|---|
||**(87,695)**|(251,240)|
||||
|**Investment in Subsidiary Company**|||
|**Cost**<br>At 31 December|**2024**<br>**£**<br>**100**|2023<br>£<br>100|



**11 Investment in Subsidiary Company** 

Fight for Peace International owns the entire issued ordinary share capital of FFP Trading Limited (100 shares of £1 each), incorporated and registered in England and Wales, whose principal activities are the collection of royalties and organisation of events in order to raise funds for the benefit of the parent company. 

The result of the Charity’s trading activities through the subsidiary is detailed below FFP Trading Limited’s taxable profits are donated to the charity annually through gift aid. 

|**Subsidiary undertakings – Charity**<br>**Turnover**<br>Cost of sales<br>**Gross profit**<br>Administrative expenses<br>**Profit / (loss) on ordinary activities before interest and taxation**<br>Profits transferred to Parent<br>**Profit on ordinary activities before taxation**<br>Taxation on profit on ordinary activities<br>**Profit for the financial year**|**2024**<br>**£**<br>**31,382**<br>**-**|2023<br>£<br>82,284<br>(24,179)|
|---|---|---|
||**31,382**<br>**31,894**|58,105<br>25,626|
||**63,276**<br>**(63,276)**|83,731<br>(83,731)|
||**-**<br>**-**|-<br>-|
||**-**|-|



All of the above results are derived from continuing activities. There were no other recognised gains or losses other than those stated above. All movements in equity are included within the statement above. 

|The aggregate of the assets and liabilities was:<br>Current assets<br>Current liabilities<br>Net liabilities|**2024**<br>**£**<br>**47,742**<br>**(68,025)**|2023<br>£<br>18,924<br>(39,208)|
|---|---|---|
||**(20,283)**|(20,903)|



**50** 



## **NOTES** TO THE FINANCIAL STATEMENTS 

## **Fight for Peace International For the year ended 31 December 2024** 

|**12 Parent charity**|||
|---|---|---|
|The parent charity’s gross income and the results for the year are disclosed as follows:<br>Gross income<br>Result for the year|**2024**<br>**£**<br>**2,187,327**<br>**(21,584)**|2023<br>£<br>1,928,843<br>(331,343)|
||||
|**13 Related party transactions**|||
|There were no related party transactions in the year.|||
|**14**<br>**Trustees’ remuneration**|||
|None of the trustees received any remuneration of travel expenses in respect of their services during the year (2023: Nil).|||
|**15 Operating lease commitments payable as a lessee**|||
|The charity’s total future minimum lease payments operating leases is as follows for each of the following periods.<br>The lease is cancellable with six months’ notice.<br>Less than one year<br>One to five years<br>Over five years|**Office rental**<br>**2024**<br>**£**<br>**8,500**<br>**42,500**<br>**89,250**|2023<br>£<br>8,500<br>42,500<br>97,750|
||**140,250**|148,750|



**51** 

**F I G H T  F O R  P E A C E |  T R U S T E E S  A N N U A L  R E P O R T  2 0 2 4** 



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