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2024-12-11-accounts

THE SEARCH PEACE FOUNDATION

CHARTIY ANNUAL ACCOUNTS

FOR THE YEAR ENDED 11 DECEMEBR 2024

Charity number 1184789

THE SEARCH PEACE FOUNDATION

TABLE OF CONTENTS

Description P A G E
Trustees Annual Report
Annual Report 2
Financial Activities 3
Financial Position 4

THE SEARCH PEACE FOUNDATION

Trustees Annual Report

Year ended 11 December 2024

Charity name: THE SEARCH PEACE FOUNDATION Charity number: 1184789 Registered address: 34 PRIMROSE ROAD LONDON E10 5EE

Trustees:

Kishwar Sultana (Chair) Ahsan Jawad Muhammad Wamiq Afzal Muhammad Afzal

THE SEARCH PEACE FOUNDATION

ANNUAL REPORT FOR THE YEAR ENDED 11 DECEMBER 2024

Structure, governance and management

The charity’s governing document is a Charitable Incorporated Organisation (CIO) Constitution registered on 06 August 2019. The charity is governed by its Board of Trustees in accordance with the Constitution. Trustees are appointed for a term of three years by a resolution passed at a properly convened meeting of the charity trustees.

The trustees are responsible for the overall management and strategic direction of the organisation, ensuring compliance with the charity’s constitutional and statutory obligations, and the effective use of resources in achieving its charitable purposes.

Objectives and activities

The objects of the CIO are to:

Achievements and performance

During the financial year, charity has focused on laying a strong foundation for its future community engagement and interfaith programs. The trustees acknowledge that while the operational activities are still in the early stages, the foundation for future community impact has been effectively set.

Financial review

During the year ended 11 December 2024, the charity received voluntary income of £1,250 and incurred total expenditure of £2,430, resulting in a net deficit of £1,180. The deficit reflects initial setup and administrative costs during the establishment phase. At year end, cash in hand was £1,120, with accrued expenses of £460, leaving net assets of £660. Trustees are satisfied that the financial position remains stable and manageable.

Reserves policy

At year end, unrestricted reserves totalled £660. As activities are still in development, no formal reserves policy has yet been established. The trustees aim to build reserves equivalent to at least three months of operating costs in future years to ensure sustainability and financial stability.

Approved on behalf of the trustees on 8 Nov 2025.


Muhammad Afzal - Trustee

THE SEARCH PEACE FOUNDATION

Statement of Financial Activities

For the period ended 11 DECEMBER 2024

Statement of Financial Activities for the period ended 11 DECEMBER 2024

Turnover
Voluntary Income
Direct Cost
Resources Expensed
£1,200.00
Gross Income
Administrative Expenses
Accountancy and Taxation
£360.00
General Travel Expenses
£410.00
Stationery & Postage
£260.00
Telephone, Fax & Internet
£150.00
Sundry Expenses
£50.00
Operating Loss
Loss on ordinary activities before taxation
Net Loss
£1,250.00
£1,250.00
(£1,200.00)
£50.00
(£1,230.00)
(£1,180.00)
(£1,180.00)
(£1,180.00)

THE SEARCH PEACE FOUNDATION

Statement of Financial Position at the period ended 11 DECEMBER 2024

Statement of Financial Position at the period ended 11 DECEMBER 2024

Cash at Bank & in Hand
Cash in Hand
Creditors Less Than One Year
Accrued Expenses
£460.00
Net Assets
Reserves
Special reserves b/fwd
£1,840.00
Excess expenditure /income
(£1,180.00)
Net Reserves
£1,120.00
£1,120.00
(£460.00)
£660.00
£660.00

1. ACCOUNTING POLICIES

These accounts have been prepared under the historical cost convention, on a receipts and payments basis, in accordance with Section 133 of the Charities Act 2011 and following the guidance for accounting for smaller charities issued by the Charity Commissioners.

Approved on behalf of the trustees on 8 Nov 2025.

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Muhammad Afzal - Trustee