Charlty number: 1185992
PEACE AT THE CREASE
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

PEACE AT THE CREASE
CONTENTS
Page
Rofgrono• and Admlnlslratlvg Detall8 ol thg Charity, its Trustw and Advlsers
Tru81ou' R¢port
ststement ot Financial Actlvltlos
Balan￿ Sheet
NO￿ to t￿ Flnanelal Statements
7-10

PEACE AT THE CREASE
REFERENCE AND ADMINISTRATIVE DEfAILS OF THE CHARrrY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 MARCH 2024
Trusteeg
Sir C H LI0￿ CBE
C G Rrfkind
M Marun
Charlty regl8tsr￿ numbgr
1185992
Prfnclpol offlee
The Tea Hous8
17 Hall Road
LOTh￿0n
NW8 9RD
Accountants
Sopher + Co LLP
Charteied Accountants
5 Elstree Gate
Elstree Way
Borehamwcfvjd
Hertlordshire
WD6 1JD
Paoe 1

PEACE AT THE CREASE
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 MARCH 2024
The Trustees presenl their annual report together with the financid statgments of the Pgace at the Crease for
year 1 April 2023 to 31 March 2024.
Oblecllves and actlvltle8
a. Poli¢lM and oblectlves
The principal otyectivÈ of the Charity is to use the pcpularity ol crthet as a tool lo promote p&qce, bring
communllles togelheT and SUFfQrt progress and developfflenl among ts Commmonwtrahh Natlons.
In settiThJ 0￿.9¢t}VeS and planning for ac￿v￿leS, the Trustses have given due consideration to ￿neral gU￿ance
pU￿iShed by the Charty GommissKJn relatlng to public bengfit including the guidance 'Publt ben81il'. wnniNJ a
charity IPB21'.
b. Actlvltles undertaken to achleve objectiVgB
As explained in further detail telow the Charity has not yet commenced actwty.
Achlevements ond pgrfomwi¢•
a. Revlew of Actmtlos
Tha trustees are optimistic ol achieving a heightened level ol engagement with the ideas that the charity seeks to
promote from cricket in the year ahead. Meanwhlle, expenses are beiro kept to a bar& minimum as 15 evident
from the Charitys financi￿ slatemerrts.
The Trustees have referred lo the guldarKe containgd in the Charity Commission's general guKlance on public
benolit when reviewing the aims and objectives arbj in planning future activilies. The ch8yitable ot4'ectNes are
also sel out in order to provKJe a clear and demonstrable publi¢ b¢nefft.
Flnan¢lal revlew
. Going ¢on¢em
After maklng apprcyrlate enouiries, the Trustees have a reasonable expectation that the Charlty ha8 adequate
resources to contlnue In operational existence lor the loresee8bJe future. For this reason. they Con￿nUe lo adopt
the g01r￿ concem basis in prepariro th8 financial slalements. Furth&r details regarding the adopd'on ol the going
concem basi5 can te found in th8 accounting policigs.
b. Reserves pollcy
The Charity defines reserves as unrestrKtgd frjnds thai are Ireely available lo spe￿1 on the Charivs purpos8s.
The Charity maint&ns a general fund from whlch charitable donations to b8n8ficiaries will be made. The Charity
made a sfflall surplus for the pgriod of £1.14012023- loss £1321.
It is intended thai the Charty ￿11 conllnue exploring opportunitps to raise funds and then make grants of these
funds in accordance with the Charitys objectives. In light ol these aetivttles. It is not the current intention of the
Trusl8es to aecumulaiè reserves. The Trustees do not bdieve that the Charity needs lo hold signilicant resetves
as the majority of the grants and donations it wll mako will be °one oif in nature and in any event could be met
out ol tha Charity's cash and IKiuid
Page 2

PEACE ATTHE CREASE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Accountlng pollcle8
1.1 Ba818 ol preparallon of flnanclal 8tat8m8nt8
The financial slalemenls have begn prepared in accordance hwih the Charities SORP IFRS 1021-
A￿UntIng and ReForting by Charities: Slalgment of RgcommerKJ8d Pra¢ticg applicab￿ lo charities
preparing their accounts in acCOrdar￿ with the Financial Reporting Standard applicthe in the UK
and Republic of Irelan(I IFRS 1021 (effective 1 January 20191, the Finan￿al ReFOrting Standard
appllcable In th8 UK aThJ RepU￿1C of Ireland IFRS 1021 and tr￿ Charltles Act 2011.
The finarrial slatements have been prepared to give a Yrue and view arKI have departed from
the Charitigs (Accounts arwj Reports) Rggulations 2008 only lo th9 extent requir9d lo provid8 a Irue
and fair, view. This departure has inVo￿ed followng Ihe Charilres SORP IFRS 1021 published in
octo￿er 2019 rather than the Accounting and Reporting by Gharities: Statement of Recomrnend
Practice effecllve from 1 Aprll 2005 whlch has since been whlmlrawn.
Pea¢e ai the Crease meets the delinr(ion of a putli¢ benefit enlty under FRS 102. Assets and
abilities are inf(ially recognised at historical cost or Iran$￿tIon value unless otherwise stated in the
relevant accounting policy.
12 Fund accountlng
General funds unrestricted funds ￿1¢h are available for use al the discret*)n of the Twslees in
furtherance of the ￿neral objecttves of the Charity and which have not been designated lor other
purF•￿S.
1.3 Inoom•
All income is r￿￿anISed once the Charity has entitlement tt) tho income, rt is probat48 that th8
income will be received the amount of income receivable can be measured reliably.
Income tax recoverable in relation lo donations receiv￿1 und8r Gift or deeds of covenant Is
r6wgnised al the tlme ol the (Jonalion.
1.4 Expendlture
Expenditure is recognis&J 0￿8 there Is a lègal or conslnJctlv8 obl*3alion to Iransfer o¢onomic benefrt
lo a third party. it is probable that a transfer of economic t¢nefils wll be required in settlement and
the amount of the obligation can b9 measured reliabty.
Support Costs are those ¢osts incurred direetly in surwt ol expend￿re on the objects ol the chathy.
Governance costs are those incurred in connection with administration ol the charity and com ￿la
with constitLrtional and slatulory I￿VireMents.
Expenditure on raising funds includes all expenditure incurred by the Chanty to raise fuTrJs for ils
charitable purFx>ses and includes costs of all fundraising activities events.
Costs of generallng funds are c08ts i￿Urred In attractSng voluntary Income, and tho88 Incurred in
trading activities that ralse funds.
Charitable activrties and Governance costs are costs itxurred on the chariws operations. including
support costs and costs relating to the govemance of ihe charmy appO￿Oned to charltable aetiviyes.
l experKJiture is in¢lusive of Irr¢¢overable VAT.
Page 7

PEACE AT THE CREASE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 klARCH 2024
Aecountlng pollcles {contlMed)
1.5 Llabllltles and provisions
Liabilities are recognised vthen there 1$ an ot4ipation at the B￿anc$ Sheet date as a re5Urt of a past
event, it is probablo that a Iransfey of bonefft wlll b? required in settlement, and the amount
of the settlement can bo estimala reliably.
1.6 Flnanclal Instruments
Thg Charrty onty has financial assets and finan¢ial liabilrtles of a kind that qualfy as basic finar￿1
instruments. Basic linanual Instruments are initially recognised at transactlon value and subseqLtentty
measured at their settlemenl value.
Income Irom don•tlons arKI legacles
Unvestrlcted
funds
202d
Total
fund8
2W24
Donallo
1,500
Unrestricted
funds
2023
Tot
funds
2023
Donations
1,000
1.000
Expenditur¢ on ralslng lunds
Costs of ralsing voluntary incomè
Unrestricted
funds
2024
Totsl
funds
2024
Bank charges
360
Page 8

PEACE AT THE CREASE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Expendlture on 18lslnu funds {contlnuodl
Unrestrictgj
funds
2023
Total
funds
2023
Bank ¢harg88
362
Governance costs
Total
2024
Accountancy costs
Unrestricted
funds
2023
Total
20¥J
A￿OuntarKY ¢osts
770
770
Trust80s' romunèration and expgnaos
During the year, no Trustees received any remuneration or other tenefits12023 - £NILI.
Durlro the year ended 31 March 2024. no Trustee expenses have teen I￿Urred.
Staff co8t8
The Chaty had m emFloyees durlng the year.
Pago 9

PEACE AT THE CREASE
NOTES TO THE HNANCIAL STATEMEwrs
FOR THE YEAR ENDED 31 MARCH 2024
Credllors: Amounts falllng due wtthln one year
2024
Bank overdralts
81
Statsmont ol funds
Slatement of funds- curr8nt y
Balance at
31 March
2024
Balance at 1
Aprll 2023
Income Expendlturg
UnMJtri¢t•d fvnd$
General Funds- all funds
(81)
1,500
(360}
1,059
Slat¢menl of lunds- prlor year
Balance at
31 March
20￿3
B￿ance at
1 April 2022
Incorne Expendilure
Unrestrleted lund8
Generaf Funds- all futKIs
51
11,1321
1811
Anatysl$ of net assets between funds
Analysls of net assets botwoon funds- ¢urront perlod
Unrnstricted
funds
2024
Total
fund8
2024
Current assets
1,059
1,059
Page10

PEACE AT THE CREASE
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Structuro, govamance and managemont
a. Constitutlo
Peace al the Cr9ase is a règistered charity, numbgr 1185992. and 15 conslituled under a Trust deed.
b. Methods of •ppolntment or ekntlon of Trust￿$
Thè managernenl of the Charrty the resFonsibility of thg Trus19es vtho are el￿ted and co-cpted under th&
terms of the Trust deed.
o. OTganlsatlonal structure and ded￿On￿makIn9 pollcle8
Decisions are made by the Trustees al board meoiings or by wiitten resolution. Decisions at meetings are made
by majority decision., wrltten resolutions musl bg unanimus. As the organi8atr)n is relatNely n9w, a larger
structure 15 not yel appropriale.
A grants committee has t¢en Ilned up lo make recommendalions to I1* Truste88 as to which grants to make.
d. Flnanclal rl8k monagement
The Trustees have assessed the major risks to which Charity b exposed, In particular those related lo the
OFeralions and finaws of the Charlty, and are salislied that systems aThl procedures are in rlace to mltigate
exposure lo the major risks.
statemfrnt of Trustees. responslbllltl88
The Trustees are responsible lor prepariro the Trustees, Report and the financial statem8nts in accordance w
appllcable law al￿ United lfjngdorn Accounting StarKlards {United Kingdom Generally A¢cept￿j A¢¢ounling
Practice).
The law applicable to charil(es In England & Wales ￿qUireS the Trustees lo prepare flnancial stat9merrts lor
each financi￿ which give a Irue and fair v￿W of the state ol affairs ol ihe Charity and of ils incoming resources
applicallon of resourtss, includiThJ Its income and expgnditure. for that ￿rK￿l. In preparing these financial
statem8nls, the Truslees arg required to-
select surtable accountSng policies arKI Ihen a￿lY them consi81ently',
observe the methods and prirciF4es of the Charhks SORP IFRS 1021;
make judgments aNI accounting estlmates that are reasonable and prudent,.
slate whether applicallg UK Accourrting Standards IFRS 1021 have been follow￿. subject to any material
d8partures dSsdosed and gxplained in the fina￿1￿ stalom8nls'
prepare the linancid ￿ateMentS on th6 golng concern basis unless il 1$ inappropriate to presume that Ihe
Charity wll continu& In business.
The Trustees are respon5it4e for keeping adequate accounting records that are suth'cienl to show and explain
Ihe Charitls transactions and diselose wlh reasonable accuracy at any time the financial wsthon of the Charrty
and enable them lo ensure Ihat the financial slalemenls compty with the Charities Act 2011, the Charrty
(Accounts and Reports) Regulations 2008 and the provisions of the Trust deed. Tlw are ￿s0 responsible lor
safeguarding the assets ol the Charty and hence for takir¥J r8a50nable steps for the prevention and del￿tIon ot
fraud and other irregularities.
Page 3

PEACE AT THE CREASE
TRUSTEES. REPORT {copmNUED)
FOR THE YEAR ENDED 31 IAARCH 2024
Approved by order of the members of Ihe board of Trustees s￿ne￿ on their behalf by:
C G Rilkind
Trustoe
Date.. 7 October 2024
Page 4

PEACE AT THE CREASE
STATEMETrif OF FINANCIAL AcnvmES
FOR THE YEAR ENDED 31 MAFICH 2024
Unrestrfct
funds
2024
Total
funds
Tol
funds
2023
Noto
Income Irom:
Donations and I￿aCleS
1￿00
1,000
Totsl Incorne
1,500
1,000
Expendlture on:
Raising funds
Charitable aclNII*$
770
Totsl expeThdlture
1.132
Net mov?ment In funds
1,140
1.140
11321
ReconcillJtlon of funds".
Total funds brought lomard
Nel movemerrt In ftjnds
(￿)
1,140
{￿)
1,140
51
1132)
Tolal funds carrled forward
1,059
1,059
1811
The Statement ol Financia Activthes in¢lLKles all galns atKI losses r8cognL8ed in the year.
The notes on pages 7 to 10 forrn part of these financi￿ slatements.
Pag8 5

PEACE AT THE CREASE
BALANCE SHE
AS AT 31 MARCH 2024
2024
2023
Note
Current assgts
Cash at bank and in harvj
1,059
Creditors.. amounts fdling du8 within one
year
1811
Total net 888ets
1,059
181)
Charfty funds
UnreSt￿ted fuThYs
1,059
181}
Total funds
{811
Th& financial slalements weffj approvad and authorised for issue by Its Twsiees on 07 Ocl¢)ber 2024 and
signed on their behaw by..
C G Rlfkind
Trustee
nolgs on pages 7 to 10 fomi part ol these linanual statements.
Pag8 6