## Trustees Annual Report And Financial Statements 

**1st April 2024 - 31st March 2025** 

**Charity No.: 1174527** 



|**CONTENTS**|**PAGE**|
|---|---|
|1. Letter from Chair.........................................................|3|
|2. Letter from Director...................................................|3|
|3. Overview of CHIPS.....................................................|4|
|4. Highlights of the Year...............................................|7|
|5. Plans for the Future...................................................|7|
|6. Governance and Structure......................................|8|
|7. Statement of the Board.............................................|10|
|8. Independent examiners report...............................|11|
|9. Financial Statements and Accounts......................|13|



## **CHARITY INFORMATION** 

|TRUSTEES|Neville Jephcote - Chair<br>Zac Egau - resigned 25 January 2025<br>Elise Belcher - Vice-Chair<br>Sue O’Connor - resigned 25 January 2025<br>Bilen Ainealam<br>Rebekeh Rice<br>Sarah Wharton - appointed 27 October 2025|
|---|---|
|KEY STAFF|Alexandra Cameron, Director|
|GOVERNING<br>DOCUMENT|Constitution dated 10th August 2017|
|CHARITY NO.|1174527|
|REGISTERED<br>ADDRESS|Unit 7, Warwick House, Overton Road,<br>London, SW9 7JP|
|INDEPENDENT<br>EXAMINER|Enaid Accountancy Ltd, Units 24 & 25,<br>Goodsheds Container Village, Hood Road,<br>Barry, CF62 5QU|
|BANKERS|Co-operative Bank, PO Box 250,<br>Skelmersdale, WN8 6WT|



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## = > - - Letter from... - as ee % - ? = . + a2 

## **Neville Jephcote - Chair** 

I am proud to present our Annual Report & Accounts up to March 2025.  The year has seen some consolidation and further progress, following the whirlwind of activity and improvements of the previous twelve months.  As Chair I have been very proud to oversee these activities, although the thanks must go to our very motivated Director and her excellent and capable team. 

This team has been growing in Brixton - Natoya joined in April to take forward our Helping Ear Network and Reshad in June, providing some desperately needed administrative support.  Sarah returned from maternity leave and we have been able to keep Kayla on after her internship.  These were enabled mainly through successful grant funding and a healthier financial position.  In Ghana, our team is still working well and are growing their activities.  These include stronger links with schools and a greater understanding of CHIPS’ theology of peace.  In particular, we are looking at a more sustainable future for the growing credit union. 

CHIPS also held a weekend residential conference, taking part jointly with other like-minded Christian peace-making organisations and forming closer ties.  Strategically, we have continued to create a wide range of policies, putting us on a firmer foundation for the future, and have started to work on a new five year strategy, which when completed will take us forward to 2030. 

My involvement with CHIPS now goes back 15 years, covering four Directors, and I am still amazed at the work that can be accomplished and the way in which God can use the skills He gives us, and bring people together in a timely fashion – supporters, volunteers, friends and staff, to bring about His purposes and work to bring a fundamental peace into communities where this is so lacking. 

## **Alex Cameron - Director** 

This year has been a pleasure to oversee, as CHIPS has continued to grow and many of our long-held plans have begun to come to fruition. Across our projects, I’ve seen a renewed energy and commitment as we’ve deepened our work and expanded our reach. We’ve built strong relationships with a wider range of partners and welcomed new members to our staff team, each of whom has brought fresh skills and passion to our shared mission. 

A particular highlight has been the opportunity to work on a longer-term strategy for CHIPS’ future. As we look ahead to our 60th anniversary next year, it has been inspiring to imagine what the next chapter of peacemaking could look like — both in the communities we serve and across the organisation as a whole. We trust God will guide us in these plans, helping us take the right steps to strengthen and sustain our impact for decades to come. 

At the same time, we are acutely aware of the growing challenges around us. The number of conflicts worldwide continues to rise, while global aid and charitable funding are declining. This stark contrast means the need for CHIPS’ work has never been greater, yet it also calls us to find new and creative ways of funding our peacemaking so that we can remain resilient for the next 60 years. We are grateful to have begun investing in this future, and we step into the coming year with hope, determination, and deep gratitude for your support. 

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CHIPS (Christian International Peace Service) aims to bring about peace and reconciliation in areas of conflict or tension. We have over 59 years’ experience helping communities across the UK, Cyprus, India, the Philippines, Northern Ireland and Uganda; with our current projects being in Northern Ghana and Brixton, UK. We help communities build futures free from violent conflict through practical projects that both tackle the root causes of the division and bring the sides together to build trust and healthy relationships. 

**Our vision is for a world where conflict is met with peacemaking, division gives way to reconciliation, and communities work together to build sustainable peace.** 

## Vision 

**Rooted in Jesus’ example of peace and reconciliation, we accompany communities affected by violent conflict, fostering relationships, taking practical action, and building foundations for lasting peace.** 

## Mission 

**“Being a widow is hard because you don’t have family support. Having CHIPS and the loan group helps me feel supported”** 

**Agnes, Ghana Loan Group Member** 


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**“The difference of CHIPS as to anywhere else is that God is at the centre of it.”** 

**Marcela, Brixton Volunteer** 

## **School Holiday Project - Brixton, UK** 

## **1. We go where we are invited:** 

We believe that we should go where people want us and in an attitude of humility. Peace cannot be imposed by outsiders upon communities in conflict. 

## **2. We live in the heart of conflict:** 

= We believe that we must live amongst a communities in the heart of the conflict area in ra order to understand their challenges and = experience their difficulties as well as their —_ lifestyle. Positive actions/projects contribute to the —_— — = diffusion of tension. 

## **3. We take sides. Both sides:** 

We believe in taking sides. Both sides. We seek to understand everyone’s perspective - to identify completely with each side without expressing an alternative point of view to begin with. 

## = **4. We’re committed for the long term:** —_ 

We believe that a long term commitment to sustainable development projects provides stability in uncertainty, builds trust in relationships, and is the only way to achieve lasting peace. 

## 4 Core Philosophies 

CHIPS was founded by Roy Calvocoressi, a British Barrister, who grew frustrated by the legal system’s tendency to label one side as ‘innocent’ and the other as ‘guilty,’ overlooking the complexities and root causes of conflict. His reflections led him to Cyprus in the 1960s, where he brought together a team to live and work at the heart of a divided community. 

Inspired by their experience and God’s heart for those suffering in conflict, CHIPS began establishing Christian communities in conflict zones worldwide. Today, we continue to grow, welcoming new partners and supporters to join us in the transformative work of peacemaking. 

Check out ~~—~~ our new - 5 Year 

Strategy 

5 



## Nakpayili, Ghana 

The Nanumba and Konkomba tribes in northern Ghana have experienced decades of conflict rooted in issues of land ownership, power, and identity, with origins in colonial-era governance. While widespread violence has been rare, outbreaks have been devastating, leaving communities divided and strained. Ongoing disputes over chieftaincies remain a flashpoint. 

In 2011, CHIPS was invited to help foster peace between these tribes. Our work focuses on creating economic opportunities and improving health outcomes while using methods that bring different tribes together, encouraging collaboration and reconciliation. Based in Nakpayili, a small village in the Northern Region, our team—which includes members from all tribes—works with over 18 communities across the region. 

## Brixton, UK 

In 2014 CHIPS was invited to Brixton in response to a rise in serious violence affecting young people. Since then, we’ve worked to empower underserved communities through holistic, public health-inspired approaches. Our work focuses on four key areas: empowering young people through safe spaces, mentorship, and diverse experiences; strengthening families with tailored support and training; fostering community cohesion by building relationships and addressing local needs; and bridging gaps with statutory organisations to promote collaboration and understanding. Together, these initiatives help address the root causes of violence and build a more resilient community. 

Read more about our goals in our Theory of Change. 

‘ . ‘, * ek: ee ane é * ae . ~~Pl~~ **For more stories, see our Impact Report** ~~S~~ i * ~~aeese~~ . © 6 an ef 2 i 3 . r le 



## Brixton 

**Individuals** 456 **Supported** 

**Youth Drop-In Sessions Run** 115 

## Ghana 

3202 180 

**Individuals Supported** 

**Credit Union Members** 

**No. Community** 50 **Events & Trainings** 

**Young People Involved** 155 

**Benefitted from farm loans** 149 **Community Support Group** 900+ **Meetings** 

**Parents/Carers Involved** 301 

109 

**Benefitting from animal rearing groups** 

## Plans for the future 

In 2025/26 we plan to: 

1.Fully launch our new strategy and prepare for new project locations 2.Implement new impact measurement and monitoring tools 3.Prepare for our 60th anniversary year in 2026 

4.Build exit plans for our current project locations 

5.Build new peacemaking resources to share the work of CHIPS 

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- a ee ee ” . *. : Z ot ss . . ‘ ss * . i s<br>Governance & Structure<br>**----- End of picture text -----**<br>


## **Formation** 

CHIPS (Christian International Peace Service) was established as a Charitable Incorporated Organisation by a Constitution dated 10th August 2017 and has the Registered Charity Number 1174527. 

On 23rd October 2017, the Charity Commission authorised the transfer to the charity of all the assets and liabilities of Christian International Peace Service (Charity Number 267140) (The Trust). The transfer took effect from 1st April 2018 with the assumption by the charity of all the charitable activities of the Trust. 

## **Trustees** 

The trustees are the only voting members of the charity. They are not remunerated in any form for their services as trustees. The existing trustees have the power to appoint new or additional trustees. 

Under the terms of the Constitution, the trustees have the power to do anything which is calculated to further the objects of the charity or is conducive or incidental to doing so. The income and property of the charity must be applied solely towards the promotion of its objects. 

## **Objects** 

The objects of the charity are, for the public benefit: 

- 1.To advance the Christian Gospel throughout the world, particularly in areas of tension, unrest and suffering by all charitable means available; and 

- 2.To relieve poverty and advance education throughout the world, particularly in areas of tension, unrest and suffering. 

In practice this is achieved by supporting teams living in communities experiencing violent conflict, empowering and equipping them to make peace and build sustainable futures free from violence. 

The trustees have complied with the duty to have due regard to the public benefit guidance published by the Charity Commission. 

## **Organisation** 

The Trustees meet once every quarter. They are primarily concerned with major decisions and with the strategy of the charity. They keep the charity’s financial position under review. They oversee the recruitment of senior staff and agree to other staff appointments as necessary. 

Normal operational decisions are delegated to the Director who provides regular briefings to the Trustees. The Director had frequent and regular access to the Chair of Trustees and other trustees as needed. Alexandra Cameron started as Director continued in the position throughout the financial year. 

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## **Trustees' Responsibilities** 

Charity law requires us as Trustees to prepare financial statements for each accounting year which give a true and fair view of the state of the charity and of its income and expenditure for the year. We are required to: 

- Select suitable accounting policies and apply them consistently. 

- Make judgments and estimates that are reasonable and prudent 

- State whether the applicable accounting standards have been followed, subject to any material departures disclosed and explained in the accounts. 

- Prepare the financial statements on a “going concern” basis unless it is inappropriate to presume that the charity will continue in business. 

We are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable us to ensure that the financial statements comply with the Charities Act 2011. 

We also have a responsibility to safeguard the assets of the charity and to take reasonable steps to prevent fraud or any other irregularities. 

## **Financial Statement** 

During the 24/25 financial year the charity achieved a surplus of £33,451 (2024 - £20,328), increasing total reserves at year end to £94,727 (2024 - £61,276). 

Of the total reserves held at year end £37,286 were unrestricted in nature (2024 - £34,296). 

## **Reserves Policy** 

The Trustees have established a policy whereby free reserves held by the charity should be set at a minimum of 3 month’s expenditure to allow for an orderly closure should the decision be made to close the charity. At the end of 2024/2025 this sat at £54,694, with the year-end unrestricted reserves sitting below this limit at £37,286. Whilst below this limit, the trustees are confident that this position will continue to improve over the next financial year. 

## **Risk Statement** 

The Trustees continue to review the risks to which they consider the charity is exposed. Appropriate procedures are in place to identify, monitor, and review these risks on a regular basis. During this year the income of CHIPS increased by 12%, continuing on the improvement in the charities’ financial situation from the previous year. The trustees have identified that the primary risks to the charity are financial instability and, as above, the financial position is reviewed on a monthly basis. 




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Board Statement<br>9 tate OER er Ug . = Fo fe, ee eee Jes a<br>**----- End of picture text -----**<br>


The trustees are responsible for preparing the trustees’ Annual Report and the financial statements in accordance with applicable law and regulations. Charity law requires the trustees to prepare financial statements for each financial year. Under that law they are required to prepare the financial statements in accordance with UK Accounting Standards and applicable law (UK Generally Accepted Accounting Practice), including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland. Under charity law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the excess of income over expenditure for that period. In preparing these financial statements, the trustees are required to: 

- select suitable accounting policies and then apply them consistently; 

- 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 charity will continue its activities. 

The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity’s transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011. They have general responsibility for taking such steps as are reasonably open to them to safeguard the assets of the charity and to prevent and detect fraud and other irregularities. 

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charity’s website. Legislation in the UK governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. In addition, the trustees confirm that they are happy that the content of the annual review in pages 3-10 of this document as well as the legal and administrative details on page 2, meet the requirements of the Trustees’ Annual Report under charity law. 

They also confirm that the financial statements have been prepared in accordance with the accounting policies set out in the notes to the accounts and comply with the charity’s governing document, the Charities Act 2011 and as well as the requirements of the Charity's governing document and the provisions of the ‘Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) second edition (effective 1 January 2019)’ 

This report was approved and authorised for issue by the Board of Trustees on 23 January 2026 and signed on its behalf by: 

## N W Jephcote 

10 

Neville Jephcote, Chair of the Board of Trustees 



I report to the trustees on my examination of the accounts of CHIPS (Christian International Peace Service) (charity number 1174527) for the year ended 31 March 2025 set out on pages 13 to 23. 

## Respective responsibilities of trustees and examiner 

The Charity's Trustees are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (the Charities Act). The Charity’s Trustees consider that an audit is not required for this year under section 144 of the Charities Act and that an independent examination is needed. 

It is my responsibility to: 

- examine the accounts under section 145 of the Charities Act; 

- to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the Charities Act; and, 

- to state whether particular matters have come to my attention. 

This report, including my statement, has been prepared for and only for the Charity’s Trustees as a body. My work has been undertaken so that I might state to the Charity’s Trustees those matters I am required to state to them in an independent examiner’s report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity’s Trustees as a body for my examination work, for this report, or for the statements I have made. 

## Basis of independent examiner’s statement 

My examination was carried out in accordance with general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the Trustees concerning any such matters. 

The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below. 

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## Independent examiner's statement 

Since the Company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a fellow of the Institute of Chartered Accountants in England & Wales, which is one of the listed bodies. 

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 

- accounting records were not kept in respect of the Charity as required by section 130 of the Act; or 

- the accounts do not accord with those records; or 

- the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination. 

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. 

Andrew Nash FCA 

For and on behalf of Enaid Accountancy Ltd 

Member of the Institute of Chartered Accountants in England & Wales (no. 2461833) Units 24 & 25 

Goodsheds Container Village Hood Road Barry CF62 5QU Date: 29 January 2026 

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## N W Jephcote 

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notified of the grant award. notified of the grant award. Irrecoverable VAT is charged Irrecoverable VAT is charged against the category of expenditure for which it was incurred. against the category of expenditure for which it was incurred. 

## Taxation **Taxation** 

> As a registered charity income and gains are exempt from As a registered; charity.income and gains; are exempt from 

> Corporation Tax to the extent that they are applied to the Corporation Tax to the extent that they are applied to the charitable objectives. charitable objectives. 

## **Creditors** Creditors **and accruals** and accruals 

Creditors are recognised where the charity has a present Creditors are recognised where the charity has a present obligation resulting from a past event that will probably result obligation resulting from a past event that will probably result in the transfer of funds to a third party, and the amount due in the transfer of funds to a third party, and the amount due to to settle the obligation can be measured or estimated settle the obligation can be measured or estimated reliably. reliably. 

## **Financial instruments** Financial instruments 

## **Pensions** Pensions 

> Pension contributions payable under a defined contribution Pension; contributionsa . payable under a defined; contributiona . Basic financial instruments are measured at amortised cost other than investments which are measured at fair value. otherBasic thanfinancialinvestmentsinstrumentswhicharearemeasuredmeasuredatatamortisedfair valuecost scheme are charged to the SOFA in the accounting period to scheme are charged to the SOFA in the accounting period to which which they relate. they relate. **Critical estimates and judgements** Critical estimates and judgements Tangible **Tangible fixed assets and depreciation** fixed assets and depreciation In preparing financial statements it is necessary to make In preparing financial statements it is necessary to make Only assets costing more than ; £500 are capitalised. Currently certain judgements, estimates and assumptions that affect certain judgements, estimates and assumptions that affect Only assets costing more than £500 are capitalised. Currently the the amounts recognised in the financial statements. The amounts recognised in the financial statements. The there are no assets held over this limit. there are no assets held over this limit. treatment treatment of of tangible tangible fixed assets fixed assets is sensitive to changes in is sensitive to changes in 

In preparing financial statements it is necessary to make In preparing financial statements it is necessary to make certain judgements, estimates and assumptions that affect certain judgements, estimates and assumptions that affect the the amounts recognised in the financial statements. The amounts recognised in the financial statements. The treatment treatment of of tangible tangible fixed assets fixed assets is sensitive to changes in is sensitive to changes in useful economic lives and residual values of assets. useful economic lives and residual values of assets. These are These are reassessed annually. reassessed annually. 

## **Cash at bank and in hand** Cash at bank and in hand 

Cash at bank and in hand includes cash in hand, deposits with Cash at bank and in hand includes cash in hand, deposits with banks and funds that are readily convertible into cash at, or banks and funds that are readily convertible into cash at, or close to, their carrying values, but are not held for investment close to, their carrying values, but are not held for investment purposes. purposes 

In the view of the Trustees in applying the accounting policies In the view. of the Trustees ;in applying. the accounting; policies. adopted, no judgements were required that have a adopted, no judgements were required that have a significant effect on the amounts recognised in the financial significant effect on the amounts recognised in the financial statements nor do any estimates or assumptions made carry statements nor do any estimates or assumptions made carry a significant risk of m a significant risk of material aterial adjustment adjustment in the next financial in the next financial year. year. 

## **D** Debtors **ebtors and prepayments** and prepayments 

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

## ~~2..Comparative~~ **2. Comparative statement of financial activities** ~~statement of financial activities~~ 

|||Unrestricted<br>Unrestricted|Restricted<br>Restricted|_Total_<br>Total|
|---|---|---|---|---|
|||Funds<br>Funds|Funds<br>Funds|_Funds_<br>Funds|
|||Year ended<br>Yearended|Year ended<br>Year ended|_Year ended_<br>Year ended|
|||31 Mar 2024<br>31 Mar 2024|31 Mar 2024<br>31 Mar2024|_31 Mar 2024_<br>31 Mar2024|
||_Notes_<br>Notes|£<br>£|£<br>£|_£_<br>£|
|_Income from_<br>Income from|||||
|Donations and legacies<br>Donations and legacies|_3_<br>3|47,382<br>47,382|194,363<br>194,363|_241,745_<br>241,745|
|_Total income_<br>Total income||47,382<br>47,382|194,363<br>194,363|_241,745_<br>241,745|
|_Expenditure on_<br>Expenditure on|||||
|Raising funds<br>Raising funds|_4 & 5_<br>4&5|2,144<br>2,144|17,011<br>17,011|_19,155_<br>19,155|
|Charitable activities<br>Charitable activities|_4 & 6_<br>4&6|40,337<br>40,337|161,925<br>161,925|_202,262_<br>202,262|
|_Total expenditure_<br>Total expenditure||42,481<br>42,481|178,936<br>178,936|_221,417_<br>221,417|
|Net income/(expenditure)<br>Net income/(expenditure)||4,901<br>4,901|15,427<br>15,427|_20,328_<br>20,328|
|_Reconciliation of funds_<br>Reconciliation of funds|||||
|Total funds brought forward<br>Total funds broughtforward|_10 & 11_<br>10&11|29,395<br>29,395|11,553<br>11,553|_40,948_<br>40,948|
|_Total funds carried forward_<br>Total funds carried forward|_10 & 11_<br>10&11|34,296<br>34,296|26,980<br>26,980|_61,276_<br>61,276|



16 



## ~~3..Inc¢ome~~ **3. Income from donations and legacies** ~~from donations and legacies~~ 

|Donations<br>Grant income<br>Donations<br>Grant income|Unrestricted<br>Funds<br>Year ended<br>31 Mar 2025<br>£<br>33,370<br>630<br>Unrestricted<br>Funds<br>Year ended<br>31 Mar2025<br>£<br>33,370<br>630|Restricted<br>Funds<br>Year ended<br>31 Mar 2025<br>£<br>12,102<br>224,492<br>Restricted<br>Funds<br>Yearended<br>31Mar2025<br>£<br>12,102<br>224,492|**Total**<br>**Funds**<br>**Year ended**<br>**31 Mar 2025**<br>**£**<br>**45,472**<br>**225,122**<br>Total<br>Funds<br>Year ended<br>31 Mar 2025<br>£<br>45,472<br>225,122|
|---|---|---|---|
||**34,000**<br>34,000|**236,594**<br>236,594|**270,594**<br>270,594|
|Donations<br>Grant income<br>Donations<br>Grant income|Unrestricted<br>Funds<br>Year ended<br>31 Mar 2024<br>£<br>34,955<br>12,427<br>Unrestricted<br>Funds<br>Year ended<br>31 Mar 2024<br>£<br>34,955<br>12,427|Restricted<br>Funds<br>Year ended<br>31 Mar 2024<br>£<br>5,906<br>188,457<br>Restricted<br>Funds<br>Yearended<br>31Mar2024<br>£<br>5,906<br>188,457|_Total_<br>_Funds_<br>_Year ended_<br>_31 Mar 2024_<br>_£_<br>_40,861_<br>_200,884_<br>Total<br>Funds<br>Year ended<br>31 Mar 2024<br>£<br>40,861<br>200,884|
||_47,382_<br>47,382|_194,363_<br>194,363|_241,745_<br>241,745|



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~~4.~~ **4.** ~~Total~~ **Total expenditure** ~~expenditure~~ 

|Raising funds<br>Charitable activities<br>Raising funds<br>Charitable activities|Grants to<br>partners<br>Year ended<br>31 Mar 2025<br>£<br>-<br>50,432<br>Grants to<br>partners<br>Year ended<br>31 Mar 2025<br>£<br>-<br>50,432|Staff<br>costs<br>Year ended<br>31 Mar 2025<br>£<br>22,614<br>93,354<br>Staff<br>costs<br>Year ended<br>31 Mar2025<br>£<br>22,614<br>93,354|Other direct<br>costs<br>Year ended<br>31 Mar 2025<br>£<br>842<br>50,416<br>Other direct<br>costs<br>Year ended<br>31 Mar2025<br>£<br>842<br>50,416|Indirect<br>costs<br>Year ended<br>31 Mar 2025<br>£<br>2,100<br>17,385<br>Indirect<br>costs<br>Yearended<br>31Mar2025<br>£<br>2,100<br>17,385|**Total**<br>**Funds**<br>**Year ended**<br>**31 Mar 2025**<br>**£**<br>**25,556**<br>**211,587**<br>Total<br>Funds<br>Year ended<br>31 Mar 2025<br>£<br>25,556<br>211,587|
|---|---|---|---|---|---|
|**Total expenditure**<br>Total expenditure|**50,432**<br>50,432|**115,968**<br>115,968|**51,258**<br>51,258|**19,485**<br>19,485|**237,143**<br>237,143|
|||||||
||Grants to<br>Grants to|Staff<br>Staff|Other direct<br>Other direct|Indirect<br>Indirect|_Total_<br>Total|
||partners<br>partners|costs<br>costs|costs<br>costs|costs<br>costs|_Funds_<br>Funds|
||Year ended<br>Yearended|Year ended<br>Yearended|Year ended<br>Year ended|Year ended<br>Yearended|_Year ended_<br>Yearended|
||31 Mar 2024<br>31 Mar 2024|31 Mar 2024<br>31Mar2024|31 Mar 2024<br>31Mar2024|31 Mar 2024<br>31Mar2024|_31 Mar 2024_<br>31 Mar 2024|
||£<br>£|£<br>£|£<br>£|£<br>£|_£_<br>£|
|Raising funds<br>Raising funds|-<br>-|17,436<br>17,436|160<br>160|1,559<br>1,559|_19,155_<br>19,155|
|Charitable activities<br>Charitable activities|62,630<br>62,630|73,372<br>73,372|49,803<br>49,803|16,457<br>16,457|_202,262_<br>202,262|
|_Total expenditure_<br>Total expenditure|_62,630_<br>62,630|_90,808_<br>90,808|_49,963_<br>49,963|_18,016_<br>18,016|_221,417_<br>221,417|



Indirect costs, including governance costs, which cannot be Indirect costs, including governance costs, which cannot be directly attributed to activities, are allocated between directly attributed to activities, are allocated between activities proportionate to the direct costs incurred in those activities proportionate to the direct costs incurred in those activities. activities. 

> A breakdown of charitable expenditure between restricted A breakdown of charitable expenditure between restricted and unrestricted funds can be found in note and unrestricted funds can be found in note 6 6. . An analysis of staff costs can be found in note An analysis; of staff costs can be found in; note 7 7. . 

> A breakdown of expenditure on raising funds between A breakdown of expenditure on raising funds between restricted and unrestricted funds can be found in note restricted and unrestricted funds can be found in note 5 5. . 

Indirect costs includes: Indirect costs includes: 

||**Total**<br>Total|_Total_<br>Total|
|---|---|---|
||**Funds**<br>Funds|_Funds_<br>Funds|
||**Year ended**<br>Yearended|_Year ended_<br>Year ended|
||**31 Mar 2025**<br>31 Mar 2025|_31 Mar 2024_<br>31 Mar 2024|
||**£**<br>£|_£_<br>£|
|Other staff costs<br>Other staff costs|**5,010**<br>5,010|_4,264_<br>4,264|
|Premises<br>Premises|**4,870**<br>4,870|_4,915_<br>4,915|
|Administration<br>Administration|**6,848**<br>6,848|_4,296_<br>4,296|
|Professional services<br>Professional services|**462**<br>462|_2,330_<br>2,330|
|Governance<br>Governance|**2,295**<br>2,295|_2,211_<br>2,211|
||**19,485**<br>19,485|_18,016_<br>18,016|



18 



Governance costs includes: Governance costs includes: 

||**Total**<br>Total|_Total_<br>Total|
|---|---|---|
||**Funds**<br>Funds|_Funds_<br>Funds|
||**Year ended**<br>Year ended|_Year ended_<br>Yearended|
||**31 Mar 2025**<br>31 Mar 2025|_31 Mar 2024_<br>31 Mar 2024|
||**£**<br>£|_£_<br>£|
|Independent examination<br>Independent examination|**1,407**<br>1,407|_1,386_<br>1,386|
|Insurance<br>Insurance|**888**<br>888|_825_<br>825|
||**2,295**<br>2,295|_2,211_<br>2,211|
|**5**<br>**. Expenditure on raising funds**<br>~~5..Expenditure~~<br>~~onraisingfunds~~|||



|Staff costs<br>Other direct costs<br>Indirect costs<br>Staff costs<br>Other direct costs<br>Indirect costs|Unrestricted<br>Restricted<br>Funds<br>Funds<br>Year ended<br>Year ended<br>31 Mar 2025<br>31 Mar 2025<br>£<br>£<br>1,366<br>21,248<br>-<br>842<br>541<br>1,559<br>Unrestricted<br>Restricted<br>Funds<br>Funds<br>Year ended<br>Yearended<br>31 Mar2025<br>31Mar2025<br>£<br>£<br>1,366<br>21,248<br>-<br>842<br>541<br>1,559|**Total**<br>**Funds**<br>**Year ended**<br>**31 Mar 2025**<br>**£**<br>**22,614**<br>**842**<br>**2,100**<br>Total<br>Funds<br>Year ended<br>31 Mar 2025<br>£<br>22,614<br>842<br>2,100|
|---|---|---|
||**1,907**<br>**23,649**<br>1,907<br>23,649|**25,556**<br>25,556|
|Staff costs<br>Other direct costs<br>Indirect costs<br>Staff costs<br>Other direct costs<br>Indirect costs|Unrestricted<br>Restricted<br>Funds<br>Funds<br>Year ended<br>Year ended<br>31 Mar 2024<br>31 Mar 2024<br>£<br>£<br>1,984<br>15,452<br>160<br>-<br>-<br>1,559<br>Unrestricted<br>Restricted<br>Funds<br>Funds<br>Year ended<br>Yearended<br>31 Mar 2024<br>31Mar2024<br>£<br>£<br>1,984<br>15,452<br>160<br>-<br>-<br>1,559|_Total_<br>_Funds_<br>_Year ended_<br>_31 Mar 2024_<br>_£_<br>_17,436_<br>_160_<br>_1,559_<br>Total<br>Funds<br>Year ended<br>31 Mar 2024<br>£<br>17,436<br>160<br>1,559|
||_2,144_<br>_17,011_<br>2,144<br>17,011|_19,155_<br>19,155|



19 



## ~~6..Expenditure~~ **6. Expenditure on charitable activities** ~~on charitable activities~~ 

|Grants to partners<br>Staff costs<br>Other direct costs<br>Indirect costs<br>Grants to partners<br>Staff costs<br>Other direct costs<br>Indirect costs|Unrestricted<br>Funds<br>Year ended<br>31 Mar 2025<br>£<br>28,803<br>-<br>300<br>-<br>Unrestricted<br>Funds<br>Year ended<br>31 Mar2025<br>£<br>28,803<br>-<br>300<br>-|Restricted<br>Funds<br>Year ended<br>31 Mar 2025<br>£<br>21,629<br>93,354<br>50,116<br>17,385<br>Restricted<br>Funds<br>Yearended<br>31Mar2025<br>£<br>21,629<br>93,354<br>50,116<br>17,385|**Total**<br>**Funds**<br>**Year ended**<br>**31 Mar 2025**<br>**£**<br>**50,432**<br>**93,354**<br>**50,416**<br>**17,385**<br>Total<br>Funds<br>Year ended<br>31 Mar 2025<br>£<br>50,432<br>93,354<br>50,416<br>17,385|
|---|---|---|---|
||**29,103**<br>29,103|**182,484**<br>182,484|**211,587**<br>211,587|
|Grants to partners<br>Staff costs<br>Other direct costs<br>Indirect costs<br>Grants to partners<br>Staff costs<br>Other direct costs<br>Indirect costs|Unrestricted<br>Funds<br>Year ended<br>31 Mar 2024<br>£<br>40,337<br>-<br>-<br>-<br>Unrestricted<br>Funds<br>Year ended<br>31 Mar 2024<br>£<br>40,337<br>-<br>-<br>-|Restricted<br>Funds<br>Year ended<br>31 Mar 2024<br>£<br>22,293<br>73,372<br>49,803<br>16,457<br>Restricted<br>Funds<br>Yearended<br>31Mar2024<br>£<br>22,293<br>73,372<br>49 803<br>16,457|_Total_<br>_Funds_<br>_Year ended_<br>_31 Mar 2024_<br>_£_<br>_62,630_<br>_73,372_<br>_49,803_<br>_16,457_<br>Total<br>Funds<br>Year ended<br>31 Mar 2024<br>£<br>62,630<br>73,372<br>49,803<br>16,457|
||_40,337_<br>40,337|_161,925_<br>161,925|_202,262_<br>202,262|
|**7**<br>**. Staff costs**<br>Gross salaries<br>Employer's NIC<br>Employer's pension<br>~~7.. Staff costs~~<br>Gross salaries<br>Employer's NIC<br>Employer's pension||**Total**<br>**Funds**<br>**Year ended**<br>**31 Mar 2025**<br>**£**<br>**107,173**<br>**3,344**<br>**5,451**<br>Total<br>Funds<br>Yearended<br>31 Mar 2025<br>£<br>107,173<br>3,344<br>5,451|_Total_<br>_Funds_<br>_Year ended_<br>_31 Mar 2024_<br>_£_<br>_85,128_<br>_1,327_<br>_4,353_<br>Total<br>Funds<br>Year ended<br>31 Mar 2024<br>£<br>85,128<br>1,327<br>4,353|
|||**115,968**<br>115,968|_90,808_<br>90,808|



The The average headcount during the period was average headcount during the period was 6 6 persons persons ( (2024 2024 — – 4 4 persons). persons). 

Total Total remuneration to remuneration to key management personnel key management personnel was was £ £45,227 45,227  ( (2024 2024 — – £ £43,365). 43,365 ). 

No employee received employee benefits of more than No employee received employee benefits of more than £ £60,000 60,000 ( (2024 2024 — – NIL) NIL). . 

20 



~~8.~~ **8. Debtors** ~~Debtors~~ 


**----- Start of picture text -----**<br>
||||||||
|---|---|---|---|---|---|---|
|Total|Total|Total|Total|
|Funds|Funds|Funds|Funds|
|31 Mar 2025|31|Mar|2025|31 Mar 2024|31|Mar 2024|
|£|£|£|£|
|Accrued|Accrued income|income|190|190|5,978|5,978|
|Other debtors|Other|debtors|-|-|242|242|
|190|190|6|6,220|,220|

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


~~9..Creditors~~ **9. Creditors –** ~~—~~ **amounts falling due within one year** ~~amounts falling due within. one year~~ 


**----- Start of picture text -----**<br>
|||||||||
|---|---|---|---|---|---|---|---|
|Total|Total|Total|Total|
|Funds|Funds|Funds|Funds|
|31 Mar 2025|31|Mar|2025|31 Mar 2024|31|Mar 2024|
|£|£|£|£|
|Accruals|Accruals|1,407|1,407|1,386|1,386|
|HMRC control account|HMRC|control|account|5,692|5,692|1,689|1,689|
|Pensions payable|Pensions|payable|923|923|702|702|
|8|8,022|,022|3|3,777|,777|

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


21 



## ~~10.~~ **10. Analysis of charity funds** ~~Analysis of charity funds~~ 

||Funds<br>Funds|Income<br>Income|Expenditure<br>Expenditure|Net gains/<br>Net gains/|**Funds**<br>Funds|
|---|---|---|---|---|---|
||brought<br>brought|in<br>in|in<br>in|(losses) on<br>(losses) on|**carried**<br>carried|
||forward<br>forward|year<br>year|year<br>year|revaluation<br>revaluation|**forward**<br>forward|
|Year ended<br>Year ended||Year ended<br>Yearended|Year ended<br>Year ended|Year ended<br>Yearended|**Year ended**<br>Year ended|
|31 Mar 2025<br>31 Mar 2025||31 Mar 2025<br>31 Mar2025|31 Mar 2025<br>31 Mar2025|31 Mar 2025<br>31 Mar2025|**31 Mar 2025**<br>31 Mar 2025|
||£<br>£|£<br>£|£<br>£|£<br>£|**£**<br>£|
|**Restricted funds**<br>Restricted funds||||||
|Brixton<br>Brixton|-<br>-|189,404<br>189,404|(163,160)<br>(163,160)|-<br>-|**26,244**<br>26,244|
|Brixton Community Organising<br>Brixton Community Organising|26,980<br>26,980|43,070<br>43,070|(38,853)<br>(38,853)|-<br>-|**31,197**<br>31,197|
|Ghana<br>Ghana|-<br>-|4,120<br>4,120|(4,120)<br>(4,120)|-<br>-|**-**<br>-|
|**Restricted funds**<br>Restricted funds|26,980<br>26,980|236,594<br>236,594|(206,133)<br>(206,133)|-<br>-|**57,441**<br>57,441|
|**Unrestricted funds**<br>Unrestricted funds|34,296<br>34,296|34,000<br>34,000|(31,010)<br>(31,010)|-<br>-|**37,286**<br>37,286|
||**61,276**<br>61,276|**270,594**<br>270,594|**(237,143)**<br>(237,143)|**-**<br>-|**94,727**<br>94,727|
|**Brixton**<br>Brixton||**Ghana **<br>Ghana||||
|These are funds received specifically for the Brixton project<br>These are funds received specifically for the Brixton project||These were funds received to support the work in Ghana.<br>These werefunds received to support the work in Ghana.||||
|which is centred on the reduction of serious youth violence<br>which is centred on the reduction of serious youth violence||||||
|and peace<br>-<br>making in the Brixton area.<br>and peace-making in the Brixton area.||||||
|**Brixton Community Organising**<br>Brixton Community Organising||||||
|These are funds raised through a fundraising campaign<br>These are funds<br>raised through a fundraising|These are funds raised through a fundraising campaign<br> campaign|||||
|specifically for work as part of the Brixton project.<br>specifically forwork as part ofthe Brixton project.||||||
||Funds<br>Funds|Income<br>Income|Expenditure<br>Expenditure|Net gains/<br>Net gains/|_Funds_<br>Funds|
||brought<br>brought|in<br>in|in<br>in|(losses) on<br>(losses) on|_carried_<br>carried|
||forward<br>forward|year<br>year|year<br>year|revaluation<br>revaluation|_forward_<br>forward|
|Year ended<br>Yearended||Year ended<br>Yearended|Year ended<br>Year ended|Year ended<br>Yearended|_Year ended_<br>Year ended|
|31 Mar 2024<br>31 Mar 2024||31 Mar 2024<br>31 Mar2024|31 Mar 2024<br>31Mar2024|31 Mar 2024<br>31 Mar2024|_31 Mar 2024_<br>31 Mar 2024|
||£<br>£|£<br>£|£<br>£|£<br>£|_£_<br>£|
|_Restricted funds_<br>Restricted funds||||||
|Brixton<br>Brixton|1,002<br>1,002|135,134<br>135,134|(136,136)<br>(136,136)|-<br>-|_-_<br>-|
|Brixton Community Organising<br>Brixton Community Organising|10,551<br>10,551|34,733<br>34,733|(18,304)<br>(18,304)|-<br>-|_26,980_<br>26,980|
|Salaries<br>Salaries|-<br>-|24,260<br>24,260|(24,260)<br>(24,260)|-<br>-|_-_<br>-|
|Support costs<br>Support costs|-<br>-|236<br>236|(236)<br>(236)|-<br>-|_-_<br>-|
|_Restricted funds_<br>Restricted funds|11,553<br>11,553|194,363<br>194,363|(178,936)<br>(178,936)|-<br>-|_26,980_<br>26,980|
|_Unrestricted funds_<br>Unrestricted funds|29,395<br>29,395|47,382<br>47,382|_(42,481)_<br>(42,481)|_-_<br>-|_34,296_<br>34,296|
||_40,948_<br>40,948|_241,745_<br>241,745|_(221,417)_<br>(221,417)|_-_<br>-|_61,276_<br>61,276|



## **Brixton** Brixton 

These These are funds received specifically for the Brixton project are funds received specifically for the Brixton project These These were funds received to support the work in Ghana. were funds received to support the work in Ghana. which which is centred on the reduction of serious youth violence is centred on the reduction of serious youth violence - and peace and peace-making making in the Brixton area. in the Brixton area. 

## **Brixton Community Organising** Brixton Community Organising 

These These are funds raised through a fundraising campaign are funds raised through a fundraising campaign specifically for work as part of the Brixton project. specifically for work as part of the Brixton project. 

**Support costs** Support costs 

These These were funds received to support specific overhead costs. were funds received to support specific overhead costs. 

22 



## ~~11.~~ **11. Analysis of net assets** ~~Analysisof net assets~~ 

||Unrestricted<br>Unrestricted|Restricted<br>Restricted|**Total**<br>Total|
|---|---|---|---|
||Funds<br>Funds|Funds<br>Funds|**Funds**<br>Funds|
||31 Mar 2025<br>31 Mar2025|31 Mar 2025<br>31Mar2025|**31 Mar 2025**<br>31 Mar 2025|
||£<br>£|£<br>£|**£**<br>£|
|Current assets<br>Current assets|45,308<br>45,308|57,441<br>57,441|**102,749**<br>102,749|
|Current liabilites<br>Current liabilites|(8,022)<br>(8,022)|-<br>-|**(8,022)**<br>(8,022)|
||**37,286**<br>37,286|**57,441**<br>57,441|**94,727**<br>94,727|
||Unrestricted<br>Unrestricted|Restricted<br>Restricted|_Total_<br>Total|
||Funds<br>Funds|Funds<br>Funds|_Funds_<br>Funds|
||31 Mar 2024<br>31 Mar2024|31 Mar 2024<br>31 Mar2024|_31 Mar 2024_<br>31 Mar 2024|
||£<br>£|£<br>£|_£_<br>£|
|Current assets<br>Current assets|38,073<br>38,073|26,980<br>26,980|_65,053_<br>65,053|
|Current liabilites<br>Current liabilites|(3,777)<br>(3,777)|-<br>-|_(3,777)_<br>(3,777)|
||_34,296_<br>34,296|_26,980_<br>26,980|_61,276_<br>61,276|



## ~~12.~~ **12. Trustee remuneration** ~~Trustee remuneration~~ 

During the year, no trustee received any remuneration ( During the year, no trustee received any remuneration (2024 2024 No No member of the Board of Trustees received member of the Board of Trustees received - - £ £Nil). Nil). reimbursement of expenses reimbursement of expenses related to attendance at trustee related to attendance at trustee meetings meetings ( (2024 2024 — – £ ENil). Nil). 

## ~~13..Related~~ **13. Related party transactions** ~~party transactions~~ 

During the year During the year there there were no related party were no related party transactions transactions ( (2024 2024  - - £ ENil). Nil). 

23