Docusign Envelope ID.. B5152ADD-39E44B1 &BA82£AC67C20DCA7
The Peace People Charitable Trust
Statement of Financial Activities for the Year Ended 31 March 2023
UDre5tricted
funds
Total
2023
Iyote
Income and Endoivments from:
Donations and legacies
Investment income
Other income
24,461
126
26.256
24,461
126
Total income
50,843
50,843
Expenditure on:
Raising funds
Charitable activities
(29.583)
(2,685)
{29,58J)
(? 685)
Total expenditure
(32.268)
{32,268)
Net income
18,575
18,575
Net movernent in funds
18.575
18,575
RecoDciliatioll of fulld5
Total funds brought forward
31,976
31,976
Total funds carried forward
16
iO,551
Total
2022
Ullrt5tricted
funds
Note
Income Elldoivments from:
Donations and legacies
Investment income
Other income
7.437
39
19,309
7,437
39
19,309
Total income
26.785
26,785
Expenditure on:
Raising thnds
Charitable activities
(37,942)
(2.918)
(37,942)
(2,918)
Total expenditure
(40,860)
(40,860)
Net expenditure
(14.075)
{14,075)
Net movement in funds
(14.075)
{14.075)
Reeoneilialion of funds
Total funds brought fonvard
46,051
46,051
Total funds carried forward
16
31.976
31.976
The notes on pages l O to 19 fomi an integral part of these financial statements.
Page 7

Docusign Envelope ID.. B5152ADD-39E44B1 &BA82£AC67C20DCA7
The Peace People Charitable Trust
Statement of Financial Activities for the Year Ended 31 March 2023 (continued)
All of the charity s activities derive from continuing operations during the above two periods.
The funds breakdo￿￿ for 2022 is showi in note 16.
The notes on pages l O to 19 fomi an integral part of these financial statements.
Page 8

Docusign Envelope ID.. B5152ADD-39E44B1 &BA82£AC67C20DCA7
The Peace People Charitable Trust
(Registration number: 101671)
Balance Sheet as at 31 March 2023
2023
2022
Note
Fixed assets
Tangible assets
15.966
15,634
Current assets
Debtors
Cash at bank and in hand
12
13
662
24,846
37,439
37.439
25,508
Creditors: Amounts falling due within one year
14
(2,854)
(3,864)
Net current assets
34,585
21,644
Total assets les5 current liabilities
50.551
37,278
Creditors: Amounts falling due after more tban one year
15
(5,302)
Net assets
50,551
31,976
Funds of the charity:
Unrestricled income funds
Unrestricted funds
50.551
Total funds
16
50.551
31,976
The financial statements on pages 7 to 19 were approved by the trustees, and authorised for issue on 17 January
2024 and signed on their behalf by..
DacuSv4n•d by.
SL9YAryf4Y7.'"""" """""""" """""
Mr Gerry Crehan
Trustee
The notes on pages l O to 19 fomi an integral part of these financial statements.
Page 9

Docusign Envelope ID.. B5152ADD-39E44B1 &BA82£AC67C20DCA7
The Peace People Charitable Trust
Notes to the Financial Statements for the Year Ended 31 March 2023
l Accounting policies
Statement of compliance
The financial slatements have been prepared in accordance with the second edition of the Charities Ststement of
Recommended Practice issued in Oc(ober 2019, the Financial Reporting Standard applicable in the United Kingdom
and Republic of Ireland (FRS 102) and the Charities Act 2011.
Basis of prepara¢ion
The Peace People Charitable Trusl meels the definition of a public benefit entit), under FRS 102. The accounts
(financial statements) have been prepared under the historical cost convention ivith items recognised at cost or
transaction value unless otherwise stated in the relevant note(s) to these accounts.
Going Concern
The triistees consider that there are no material uncertainties about the charity's ability to continue as a going
concem.
Income alld endowments
Voluntary income including donations, gift5, legacies and grants that provide core fijnding or are of a general nature
is recognised when the charity has entitlement to the income, it is probable that the income will be received and the
amount can be measured with suificient reliability-
Donations and legoeies
Donations and legacies are recognised on a receivable basis ivhen receipt is probable and the amount can be reliably
measured.
Gronts receivable
Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have
been met. Where performance conditions are attached to the grant and are yet to be meL the income is recognised as
a liability and included on the balance sheet as deferred income to be released.
Deferred income
Deferred income represents amounts received for future periods and is released io incoming resou￿¢5 in the period
for which, it has been received. Such income is only deferred when:
The donor specifies that the grant or donation must only be used in future accounting periods. or
The donor has imposed Conditions which must be met before the charity has unconditional entitlement.
Inveslment income
Dividends are recognised once the dividend has been declared and notification has been received of the dividend
due.
Page 10

Docusign Envelope ID.. B5152ADD-39E44B1 &BA82£AC67C20DCA7
The Peace People Charitable Trust
Notes to the Financial Statements for the Year Ended 31 March 2023 (continued)
Expenditure
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable
settlement is required and the amount can be measured reliabl). All costs are allocated to the applicable expenditure
heading that aggregate similar costs to that category. Where costs cannoi be directly attributed to particular headings
they have been allocated on a basis consistent M'ith the use of resources, w'ith central staff costs allocated on the
basis of time spent, and depreciation charges allocated on the portion of the asset's use. Other support costs are
allocated based on the spread of s(aff costs.
Roisingfunds
These are costs incurred in attracting voluntary income. the management of investments and those incurred in
trading activi(ies tha( raise funds.
Support eosts
Support costs include central fijnctions and have been allocated to activity cost categories on a basis consistent with
Ihe use of resources, for example, allocating propertv costs bv floor areas, or per capita, staff costs by the time spent
and other costs by their usage.
Governallce costs
These include the costs attributable to the charity's compliance ivith constitutional and stathtory requirements,
including audit, strategic management and trustees meetings and reimbursed expenses.
Government grants
Government grants are recognised based on ihe accrual model and are measured at the fair value of the asset
received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue are
recognised in income over the period in ￿'hICh the relaied costs are recognised. Grants relating to assets are
recognised over the expected useful life of the assei. Where part of a grant relating to an asset is deferred, it is
recognised a5 deferred income.
Taxation
The charity is considered to pass the tests set out in Paragraph I Schedule 6 of the Finance Act 2010 and therefore it
meets the definition of a charitable company for LTK corporation tax purposes. Accordingly.. the charity is potentially
exempt from taxation in respect of income or capital gains received H'ithin categories covered by Chapter 3 Part I I
of the Corporation Tax .4ct 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that
such income or gains are applied exclusively to charitsble purposes.
Tangible fixed assets
Individual fixed assets costing £0.00 or more are initially recorded at cost, less any subsequent accumulated
depreciation and subsequent accumulated impainnent losses.
Depreciation alld amortisAtion
Depreciation i5 provided on tsngible fixed assets so as to ivrite off the cost or valuation, less any estimated residual
value, over their expected useful economic life as follows-
Page 11

Docusign Envelope ID.. B5152ADD-39E44B1 &BA82£AC67C20DCA7
The Peace People Charitable Trust
Notes to the Financial Statements for the Year Ended 31 March 2023 (continued)
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services perfomled in the ordinary course of
business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost
Using the effective interest method, less pmvision for impairment. A provision for the impairment of trade debtors is
established when there is objective evidence ihat the charity will not be able to collect all amounts due according to
the original frrn)s of the receiw'ables.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments
that are readily convertible to a known amount of cash and are subject to an insi￿lfICant risk of change in value.
Borrowings
Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings
are subsequently carried at amortised cost, Ivith the difference between the proceed5. net of transaction costs, and the
amount due on redemption being reCo￿lS¢d as a charge to the SLitement of Financial Activities over the period of
the relevant borrowing.
Interest expense is reco￿]sed on the basis of the effective interest method and is included in interest payable and
similar charges.
Borrowings are classified as Current liabilities unless the charity has an unconditional right to defer settlement of the
liability. for at least twelve mon(hs after the reporting date.
Fund structure
Unreslricted income fvnds are general funds thal are available for use at the trustees discretion in furtherance of the
objectives of the charity.
Financial instruments
Classificalion
Financial assets and financial liabilities are re¢ognised when the charity becomes a party to the contractual
provisions of the instrumen(.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements
entered into. An equity instrument is any contrnct that evidences a residual interest in the assets of the charity after
deducting all of its liabilities.
Page 12

Docusign Envelope ID.. B5152ADD-39E44B1 &BA82£AC67C20DCA7
The Peace People Charitable Trust
Notes to the Financial Statements for the Year Ended 31 March 2023 (continued)
Recognition and measurement
All financial assets and liabilities are initially measured al transaction price (including transaction costs), except for
those financial assets classified as at fair value through profit or loss, which are initially measured at fair value
(which is normally the transaction price excludinu transaction costs), unles5 the arrdnuement constitutes a financing
transaction. If an arrangement constitute5 a financing transaction, the financial asset or financial liability is measured
at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Financial assets and liabilities are only offset in the statement of financial position when, and only when there exists
a legally enforceable right to set off the recognised amounts and the charity intends either lo settle on a net basis. or
to realise the asset and settle the liability simulthneously.
Financial assets are derecognised when and only when a) the contractual rights to the cash flows from the financial
asset expire or are settled, b) the charity transfers to another party substantially all of the risks and rewards of
oNvnership of the financial asset, or c) the charity. despite having retained some. but not all, significant risks and
rewards of owiership. has transf¢￿ed control of the asset to another party.
Financial liabilities are derecognised only when the obligation specified in the contract is discharged, cancelled or
expires.
Page 13

Docusign Envelope ID.. B5152ADD-39E44B1 &BA82£AC67C20DCA7
The Peace People Charitable Trust
Notes to the Financial Statements for the Year Ended 31 March 2023 (continued)
Debi inslrumellts
Debt instwments which meet the following condilions are subsequentl}r measured at amortised cost using the
effective interest method-
(a) The contractual return to the holder is (i) a fixed amount- (li) a positive fixed rate or a positive variable rate- or
(iii) a combination of a positive or a negative fixed rate and a positive variable rate.
(b) The contract ma). provide for repayments of the principal or the return to the holder (but not both) to be linked to
a single relevant observable index of general price inflation of the currency in which the debt instrument is
denominated: provided such links are not leveraged.
(c) The contract may provide for a deterniinable varialion of the return to the holder during the life of the instrumenL
provided that (i) the new rate satisfies condition (a) and the variation is not coniingent on future events other than ( l )
a change of a contractual variable rdte- (2) io protect the holder against credit deterioration of the issuer; (3} changes
in levies applied by a central bank or arising from changes in relevant taxation or law; or (li) the new rate is a market
rate of interest and satisfies condition (a).
(d) There is no contractual provision that could, by its tern￿, result in the holder losing the principal amount or any
interest attributsble to the current period or prior periods.
(e) Contractual provision5 that permit the issuer to prepa). a debt instrument or perniit the holder to put it back to the
issuer before matiirity are not contingent on fvture events. other than to protect the holder against the credit
deterioration of the issuer or a change in control of the issuer, or to protect the holder or issuer against changes in
levies applied by a centfdl bank or arising from changes in relevant taxation or law.
(n Contractual provisions may pemlit the extension of the tem) of the debt instrument, provided that the return to
the holder and any other contraciual provisions applicable during the extended temi satisfy the conditions of
paragraphs (a) to (c).
Debt instruments that are classified as payable or receivable within one year on initial recognition and which meet
the above conditions are measured at the undiscounted amount of the cash or other considerdtion expected to be paid
or received. net of impainnent.
With the exception of some hedging instruments. other debt instruments not meeting these conditions are measured
ai fair value through profit or loss.
Commitments to make and receiN'e loans which meet the conditions mentioned above are measured at cost (which
may be nil) less impaimient.
Inveslments
Investments in non-convertible preference shares and non-puttable ordinary or preference shares (where shares are
publicly traded or their fair N'alue is reliably measurable) are measured ai fair value rhrough profit or loss. Where fair
value cannot be measured rellably. investments are measured at cost less impairnlent.
Investments in subsidiaries and associates are measured at cost less impairment. For investments in subsidiaries
acquired for consideration including the issue of shares qualifying for merger relief, cost is measured by reference to
the nominal value of the shares issued plus fair value of other consideration. Any premium is ignored.
Page 14

Docusign Envelope ID.. B5152ADD-39E44B1 &BA82£AC67C20DCA7
The Peace People Charitable Trust
Notes to the Financial Statements for the Year Ended 31 March 2023 (continued)
Derivalivefinancial inslruments
The charity uses derivative financial instruments to reduce exposure to foreign exchange risk and interest rate
movements. The charity does not hold or issue derivative financial instruments for speculative purposes.
Derivatives are initially recognised at fair value at the date a derivative contrdct is entered into and are subsequently
remeasured to their fair value at each reporting date. The resuliing gain or loss is recognised in statement of financial
activities immediately unless the derivative is designated and efTective as a hedging instrument, in which event the
timing of the recognition in Statement of fiTwJcial activities depends on the nature of the hedue relationship.
Fair volue measurement
The best evidence of fair N'alue is a quoted prtce for an identical asset in an actiTr'e market. Mlhen quoted prices are
unavailable, the price of a recent transaction for an identical asset provides evidence of fair value as long as there
has not been a significant change in economic circumstances or a significant lapse of time since the transaction took
place. If the market is not active and recent iransactions of an identical asset on their ow) are not a good estimate of
fair value, the fair value is estimated by using a valuation technique.
2 Income from donations and legacies
Unrestricted
funds
General
Total
funds
Donations and legacies.
Donations from individuals
24.461
24,461
Total for 2023
24,461
24,461
Total for 2022
7,437
7,437
3 Investment income
Unrestricted
funds
General
Total
funds
Interest receivable and similar income-
Interest receivable on bank deposits
126
126
Total for 2023
126
126
Total for 2022
39
39
Page 15

Docusign Envelope ID.. B5152ADD-39E44B1 &BA82£AC67C20DCA7
The Peace People Charitable Trust
Notes to the Financial Statements for the Year Ended 31 March 2023 (continued)
4 Other income
UDre5tricted
funds
General
Total
funds
Rentsl income
26.256
26,256
Total for 2023
26.?56
26,256
Total for 2022
19,309
19,309
5 Expenditure on raising funds
a) Investment management costs
Unrestricted
fuDds
General
Total
funds
Note
Allocated support costs
17,506
17,506
Total for 2023
17,506
Total for 2022
21.528
21,528
6 Expenditure on charitable activities
Unreslricted
funds
General
Total
funds
Note
Govemance costs
2,685
2,685
Total for 2022
2.918
2,918
Page 16

Docusign Envelope ID.. B5152ADD-39E44B1 &BA82£AC67C20DCA7
The Peace People Charitable Trust
Notes to the Financial Statements for the Year Ended 31 March 2023 (continued)
7 Analysis of governance and support costs
Governance eosts
Unrestricted
funds
General
Total
funds
Other governance costs
2,685
2.685
Total for 2023
2,685
2,685
Total for 2022
2.918
2,918
8 Trustees remuneration and expenses
During the year the charity made the following transactions with trusttts:
Mrs Clare Grehan-Toland
Mrs Clare Grehan-Toland received remuneration of £1 1.683 (?022- £16,414) during the year.
Mr Gerry Crehan
£665 {20?2.. £585) of expenses were reimbursed to Mr Gerry Crehan during the year.
9 Staff costs
The aggregate payroll costs were as follows=
2023
2022
Staff costs during the year were:
Wages and salaries
12,077
16,414
No ernployee received emoluments of more than £60,0￿ during the year
Page 17

Docusign Envelope ID.. B5152ADD-39E44B1 &BA82£AC67C20DCA7
The Peace People Charitable Trust
Notes to the Financial Statements for the Year Ended 31 March 2023 (continued)
10 Taxation
The charity is a registered charity and is therefore exempt from tsxation.
I l Tangible fixed assets
Land and
buildings
Furniture and
equipment
Total
Cost
At l April 2022
Additions
86,727
30,298
1.849
17,025
1,849
At 31 March 2023
86,727
32,147
18,874
Depreciation
At l April 2022
Charge for the year
28,959
1,231
101,391
,517
286
At 31 March 2023
72.718
102.908
Net book value
At 31 March 2023
14,009
1,957
15,966
At 31 March 2022
14.295
15.634
12 Debtors
2023
2022
Trade debtors
662
Debtors includes £Nil {2022= £662) receivable after more than one year.
2023
2022
Trade debtors
662
13 Cash and cash equivalents
2023
2022
Cash at bank
24,846
Page 18

Docusign Envelope ID.. B5152ADD-39E44B1 &BA82£AC67C20DCA7
The Peace People Charitable Trust
Notes to the Financial Statements for the Year Ended 31 March 2023 (continued)
14 Creditors: amoullts falling due ￿lthill otte year
2023
2022
Accruals
Deferred income
2,854
2,854
1,010
2,8)4
3,864
15 Creditors: amoullts falling due after one year
2023
2022
Deferred income
5.302
16 Funds
Balance at I
April 2022
Incoming
resources
Resources
expended
Balance at 31
Mareh 2023
Unrestricted funds
General
31,976
50,843
(32.268)
50,551
Balance al I
April 2021
Incoming
resources
Resources
expended
Balance at 31
Mareh 2022
Unrestricted funds
General
46.051
26.785
(40.860)
31,976
17 Related party trallsactions
There were no related party transactions in the year.
Page 19