INTERNATIONAL SCHOOL FOR PEACE STUDIES LIMITED TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 AUGUST 2023 The Trust88s pr8sent their report and financlal statements for th8 year ended 31 August 2023. The finanoal statements have been prepared in accordance With the accounting pollcies $8t out in not8 1 to the flnanclal statements and comply with the charity's Memorandum and Artlcles of Associallon, thè Industrlal and Provident Societies Act 1969 and "Accounting and Reporting by Charits'es: Ststement of Recommended Practice appllcable lo charities preparing their accounts in accordance with the Financial Reporting Standard appllcable in the UK and Republic of Ireland (FRS 102). (as amended for accounting ￿riods commencing from 1 January 2019) ObJoctlvoB and actlvltles Our Vlslon. Mlsslon and Valu?s The work of the International School for Peace Studies is to help build bridges and promote a p8aceful and inclusive society for all in the island of Ireland. Our Vlslon We balleve:. In a society where conflict Can be resolved non violen￿Y That everyone has a voice and deserves to be listened to In a society where the humanity of everyone is respected and acknowledged Our Ml••lon The International School for Peace Studies {l.S.P.S) is dedlcated to the resolving of differences and confllct transformation through exclusively ￿aceful means. and rejects all fonn8 of vlolence or intimidation 88 8 means to creating change. Our Valu•• All our work Is drlven by our purpose and core values: To promote confllct resoluts'on, reconclliation and peace buildlng lor the publlc benefft, natlon811y and internationally so as to relleve suffering and distress To bulld and maintaln soclal cohesion and twsl withln and b8twe8n communltles Promote understsndlng, respect, frlendshlp, tolerance and peace between all communltles D6vlse and dellver single Identity and cross community programmes Advance community development through accredited and non ac¢rediled educational cour88S To encourage cultural development which support peace actlvlti8s In Northern Ireland and the Republlc of Ireland To be a locatlon for people to vlsit and particlpate in programmes To fulfil our aims through inclusivity. credibility, honesty and integrity 8nd by working In partnershlp wlth others To apply the highest corporate govemance stsndards to all projectslprogrammea in recelpt of public fund8 Offer equal opportunities for all to benefil from vthat we have to offer To invite all people of Ireland to embrace the story of Messines and its spirit of brotherhood INTERNATIONAL SCHOOL FOR PEACE STUDIES LIMITED TRUSTEES, REPORT {INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2023 A¢hl•v•m•nts and p•rformanc• raban Distri 11-G oct Granl Al Through the allocation of DCSDC Good R81ations Grant in July 2022 the Inlematlonal Sch¢)ol for Peace Studies was able to deliver a series of Workshops on 'Exploring the Holocausf to a group within the W8tefslde area. The workshops commenced in October 2022 and finished in March 2023. A further application for grant ald 202312024 was submitted In 3rd February 2023 - the amount belng sought was £3,997.40. A Letter of Offer was received on 4th August 2023 (xjnfirming that the organisation has been awarded £2000.00. locau8t M rl IW rk8h An applicat￿n w88 forwarded to DCSDC seeking funding to host a Holocaust mèmori81 V￿rkShOp on 23rf January 2023. The amount sought was £640.00. artment of For•1 n Affalr• Reconclllatlon F An application was submitted to the Department of Foreign Affairs to deliver an OCN Level 1 in Conflict Transfomiation and the Messines Story Homephase project. A Letter of Offer was received in July 2022 stating that a grant has been approved for 68,000 (£6,799.03). The project was delfvered to a group In Sion Mi118 In February 2023. Ox & Radlu$ Housln In October 2022 the Dungannon group progre88ed to an OCN Level 2 In 'Confllct Transforniatlon & Tho M8s8ln6s Exp8ri8nce.' A8 part of this progfamme they vislted the sltes In BelglumlFrance to extend thelr leaming of the 88tt18 of Messines and the Flrst World War. nmll Assoclatlon Th8 Int8rnational School for Peace Studies was appolnted in March 2023 to d8liv&r Its OCN Level 1 Holocaust Awar8n8ss workshops to groups within the Easvsouth Belfast areas. Through th8 success of this programme th8 group trav8118d to Krakow in May 2023 to contlnu8 their understanding of the history ofthe Holocaust, The above housing association8 approved the delivery of an OCN Level 1 "Conflict Tr8n5formation & The Messines Story Homephase.. The programme was extended to othèr groups within the Easvsouth Belfast area and commenced in April 2023. dlu8 H Through the successful compl8tlon of our OCN Level 1 M8ssines programme the group from EbrSngton Oaks progressed to OCN Level 2 'Conflict Transfornation & The Messines Experience.. This group also tODk part in our newly developed Flags & Emblems programme. ISPS was appointed by Radlus to deliver our Holocaust Programm8s. Residents frorn the Bumvale area wore selected to participant in the OCN level 1 'Holocaust Awareness. workshop and then travel to Kr8krhV. Amharclann Ghaoth Dobhalr & Wat•r•ld• Th•atrn IFI Pro ramm The Intemational School for Pe8ce Studies was asked to affange and dellver a m￿81neS Programme. A group of 30 people from Northlsouth of I￿land travelled to visit the sites in BelgiumlFrance in June 2023 as well 8S attending a "PEACE 25: Everyday Peacemakers" conference in Leuven to mark the 25th Annlversary of the BelfasUGood Friday Agreement. Flnanclal revl•w Totsl income for the year was £218,475, of which approximately 50A was generated from grants and 950A from other charitsble activities. Total expenditure was £251,298 and 100% of this was expended on direct charitable acb'vities. The balance on total funds at the year-end was £254,708, of which £253.865 was unrestricted in nature and £843 was restricted in nature. INTERNATIONAL SCHOOL FOR PEACE STUDIES LIMITED TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2023 R•s•rve8 poIIcy The Trustees consider It prudent to hold monles in reserve in the event that unforeseen circumstances should188d to financial difficulties which might put the future of its employment capacity, users, well-being and general charitable work in jeopardy. The Trustetss have examined the charity's requirements for reserves In the light of the maln risks to the organisatlon and established a formal policy which stipulates that free reseNes be maintsined at a level which ensures that the charlty's core activity could conb'nue during a period of unforeseen difficulty. Free reserves are defined by the Trustees as unrestricted income funds freely available for use as the charity so determines and thereby excludes any funds committed, invested in tangible fixed assets held by the charity and restricted or designated funds. The Trustees have assessed the major risks to which the ch8rity, and are satisfied that system8 are In ￿SCe to mitigate exposure to the major risks. Plans for futuro perlods Our immediale plan for the future Is to contlnue to work and secure the sustalnablllty of the charlty and the vltal work of our Messines Project. We are currently focused on continulng to source funding from trusts. foundations and statutory ag8ncies for programme and core costs to contlnue our vltal projects and servlces. The Intematlonal School for Peac8 Studies Is extendlng Its Portfollo of 8ccr8dlted and non-accrédlted programmes and is In the process of developing the following OCN L8V811- DlversSty & Good Relatlons, Preludlce, Dlscrfmlnatlon OCN Level 1- Diversity & Good Relatlons. Dlversity in Society OCN Level 2 - Confllct Transfonnatlon The Balkans One Day Introductory Programme:. Conflict Transformation Flags, Id8ntity, Culture & Tradition - Far more than 'Two Traditlons. Genocide- A Waming from History The Holocaust War in B05nia - Remembering Srebrenica Women In War Struclur•, governance and management Governlng documènt Int8mational School for Peace Studies is a sociely limited by guarantee and 8ccepted as charitable by HMRC under reference XT 40250. The society was estsblished under the Industri81 and Provident Socielies Act 1969 which eslablished the objects and powers of the society. The liability of members is limited in that évery member of the society undertakes to contribute an amount nol exceeding £1 in the 8V8nt of the company being wound up. The Trustees, who are also the directors for the purpose of company law. and who 8erved during the ye8r and up to the dale of signature of the financial statemenls were: Mr SW Barr (Resigned 27 November 2023) Mrs D Martin Mr D Jenkins Mr D White Mr P Craig Mr D Woods Mr M Mccartney Mrs K McLaughlin (Resigned 19 October 2023) (Appointed 3 May 2023) (Appointed 3 May 2023> {Appoint8d 23 October 2023) {Appolnted 23 October 2023) INTERNATIONAL SCHOOL FOR PEACE STUDIES LIMITED TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2023 Rocrultment and appolntm•nt of trusto88 Under the r8quirements of the Industrial and Provident Society unless other*vise deterniined by the company In General Meeling the number of Trustees shall not b8 less than four. Trustees are elected to serve only untll the next Annual General Meeting at which they shal5 then be eligibl8 for re-election. In the financial year trbVO new Trustees were appointed, The Board as a whole was approved by the AGM and continues to monitor its membership. Rlsk Management The Trustees are aware of the major risks to which th8 charity Is exposed. Where appropriate, systems or procedures have been established to mitigate the dsks the charity faces. Internal control are mlnlmised through the procedures for authorisalion of all transactions and projects. Procedures are in pla￿ to ensure compliance with applicable18ws and regulations. These procedures are revi8w8d periodically to ensure that they continue to meet the needs of the charity. All members of the Board of Trustees give their time voluntarily and receive no benefits from the charfty. Any expenses reclaimed from Ihe charity are set out in the notes to the financial statements. Audltor In accordance wlth the chadty's artlcles, a resolutlon proposlng that Moore (Nl) LLP be reappolnted as auditor of the charity wlll be put at a General Meeting. The Trustae8' report was approved by the Board of Trustees. Mrs D Martin Trust Mr P Cralg Trust•• 28 June 2024 INTERNATIONAL SCHOOL FOR PEACE STUDIES LIMITED STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 31 AUGUST 2023 Tho Trusteès, who are also the dlrectors of Int8rnatlonal School For Peace Studles Llmited for th8 purpose of company18w, are responsible for preparing the Trustees. Report and the financial statements in accordance with applicable law and United Klngdom Accounting Standards (United Klngdom Generally Accepted Accounting Practice). Company Law requires the Trustees to prepare financial ststements for each financial year which give 8 true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, Includlng the income and expenditure, of the charitable company for that year. n preparing these financial statements, the Trustees are required to.. - select 8uitsble accountlng pollcles and then apply them ConsIsten￿Y. - observe the methods and principles in the Charities SORP., make judgements and estimates that are reasonable and prudent; stste whether applicable UK Accounting Standards have been followed, subject to any m8terial departures disclosed and explained in the financial statements,. and prepare the financial statements on the going concem basis unlèss It is inappropriate lo presume that the charity wlll conlinue in operation. The Trustees are r8$ponslblo for keeping adequate accountlng records that dlsclose with reasonable accuracy at any time the financial position of th8 charty and enable them to ensure that the financlal statements comply with the Companies Act 2006. They are al80 responsible for safeguardlng the assets of the charlty and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.