Charity registered number: NIC108056
RETHINKING CONFLICT
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Tony Clarke
53 Andersonstown Road
Belfast
BTII 9AG

RETHINKING CONFLICT
CONTENTS
PAGE
Reference and administrative details of the charity, its trustees and
advisers
Trustees, Annual Report
Independent Examiner Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
10-16

RETHINKING CONFLICT
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Trustees, Annual Report
REFERENCE AND ADMINISTRATIVE DETAILS
Rethinki ng Conf lict
Registered Charity number
NIC108056
PUBLIC ADDRESS
Rev. Dr. Gary Mason
Po Box 2328
Beflast
BT5 9GX
CHAIRPERSON
Debbie Watters
TRUSTEES
Debbie Watters
Marisa Louise Mcmahon
John McErath
INDEPENDENT EXAMINER
Tony Clarke FCPA
53 Anderson5town Road
Belfast
BTII 9AG

RETHINKING CONFLICT
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Trustees, Annual Report
ANNUAL REPORT OF THE TRUSTEES
The trustees present their report and the unaudited the financial statements of the charity for
the year ended 31 December 2023.
The financial statements are prepared in accordance with the Charities Act {Northern Ireland)
2008, FRS 102"The Financial Reporting Standard applicable in the UK and Republic of Ireland"
and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to
charities preparing their financial statements in accordance with the Financial Reporting
Standard applicable in the UK and Republic of Ireland IFRS 102}.
The Trustees, Report contains the information required to be provided in the Trustees, Annal
Report under the Statement of Reccommended Practice ISORPI guidelines,
In this report the trustees od Rethinking Conflict present a summary of its purpose,
governance, activities, achievements and finances for the financial year 31 December 2023.
The charity is a regristered charity and hence the report and results are presented in a form
which complies with the requirements of the Charities Act INorthern Ireland) 2008 and,
although not obliged to comply with the statement of Reccomended Practice applicable in the
UK and Republic of Ireland FRS 102, the organisation has implemented its recommendation
where relevant in these financial statements.
Appolntment of Trustees
The Trustees of Rethinking Conflict meet four times a year, with an AGM held in May/June.
The Trustees recruit and select new Trustees as needed. They are recruited on the relevance
oftheir knowledge, skills and experience, and their potential to be able to make a helpful
contribution to the governance of the organisation. Trustees serve one year and may be re-
elected at the AGM.
Anne Walsh retired in September 2023 and we are deeply grateful for her wisdom and
guidance since the organisation's inception. She was replaced by Marissa Mcmahon.
Charity Purpose
Rethinking Conflict aims to work in current zones of conflict and post conflict using the
principles of conflict transformation, peace building and reconciliation to develop new and
lasting relationships. We also work with individuals and organisations in the area of dealing
with conf l icted situations.
We currently work in three main geographic spaces- Northern Ireland, the Middle East {1srael
and Palestine) and the United States of America.
The overall direct benefit from our work is increased dialogue and discussion between people
from different religious, cultural and/or racial backgrounds, leading to greater understanding,
tolerance and acceptance, which results in meaningful relationships and reconciliation.
Activities and Achievements
In setti ng RTC'S objectives and planning our activities the trustees have given caref ul
consideration to the charity Commission for Northern Ireland's guidance on public benefit to
ensure that the activities help to achieve the charity's purposes and provide a benefit to the
beneficiaries.

RETHINKING CONFLICT
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Trustees. Annual Report (continued)
Activities and Achievements continued...
2023 was a very worthwhile and successful year for our organisation, our global networks are
increasing on a regular basis, and we have been able to develop some very strategic
relationships globally. The highlights of the year included:
Our Dialogue Weekends continue to go exceptionally well. These are quiet below the radar
conversations with those in the Republic of Ireland focusing on some of the outstanding issues
of the peace process with colleagues in Northern Ireland.
The growth and ongoing development of our Compass Points dialogue group, which is now
numbering up to 80 people from across the island of Ireland, wrestling with a number of issue5
from legacy, dealing with the past, sectarianism. We finished 2023 with a look at the Israeli
Palestinian conflict and its impact on wider society. We were able to have several key people
in the room as well as a virtually bringing in key actors from both the Palestinian and Israeli
region.
The Emerging Young Leaders group continues to be a real success story for us. One of the main
goals of this group is developing and passing the skills of conflict transformation and peace
building to another generation. We had several different sessions and evenings together and
one of those looked at the Good Friday Agreement and what the next 25 years holds for that
generation, as our peace process continues to be implemented.
One of the goals of our organisation is sharing lessons from the northern Irish peace process
with wider groups globally. We hosted several groups from the Israeli-Palestinian region as
well as groups from the United States exploring political and religious polarisation. These
groups include academics, students, churches, politicians, civic leaders and meetings with a
wide range of key actors in our peace process.
The organisation was able to make two visits to the Middle East continuing our work in the
Israeli-Palestinian region. U nfortu nately, because of the outbreak of the conf lict in October,
our Emerging Young Leaders group was not able to go to the region and we hope to complete
this visit at some stage, in the autumn of 2024 depending on circumstances on the ground. We
continue to support conflict transformation colleagues and peace building in colleagues on
both sides of thi5 very difficult conflict and have facilitated a number of encounters virtually.
Our main visit to the United States was conducted late summer early autumn. The Executive
Director is an adjunct Professor at the Candler School of theology at Emory University in
Atlanta. He is also a n affiliated expert and partner to the Negotiation Strategies I n5titute at
Harvard university for Israelis and Palestinians and a visiting academic at the University of
Central Florida in conflict transformation, pol itica I violence and negotiation. The executive
director has continued to build a relationship with the Carter centre in Atlanta and is now 3
consultant to this leading global organisation in the area of religious and political polarisation.
All of these positions provide us with access and connections to experience academics and
experts which in turn supports our ongoing work in the Irish context, the Middle East as well
as lessons from our oeace Droce55 in dealino with our colleaRues in the United States.

RETHINKING CONFLICT
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Trustees, Annual Report {continued)
Going Concern
After making appropraite enquiries, the trustees have a reasonable expectation that the
charity has adequate resources to continue in operational existence for the foreseable future.
For this reason they continue to adopt the going concern basis in preparing the financial
statements. Further details reqarding the adoption of the going concern basis can be found in
the Accounting Policies.
Financial Review
The results for the year ended 31 December 2023 are set out on pages 8 and 9 of the financial
statements.
The total income for the year ended 31 December 2023 amounted to £341,897 (2022:
£214,998). The total expenditure was £352,27012022: £280,948)
The Trustees consider that the unrestricted funds of the charity is sufficient and adequate to
fulfil their obligations. The charity held £63,267 in reserves at the year end12022: £63,026),
Reserves Policy
The income of the charity is considered adequate and the risks associated with any significant
reduction in income is regarded as unlikely. The Trustees are satisfied with the current level of
reserves at the present time. The Trustees are reviewing the Reserves Policy in the current
year.

REfHINKING CONFLicr
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
OR THE YEAR ENDED 31 DECEMBER 2023
Trustees, Annual Report (contlnued)
Trustees, responslbllltles statement
As the charlty's trustees we are aware ol our responsibllitles for the preparation of the
accounts In accordance wlth the Charities Att (Northern Ireland) 2008.
It Is also our re5ponslblllty to:
select suitable accounting pollcles and then apply them conslstently
observe the methods and prlnclples In the Charltles SORP;
rnake ludgrnents and accountlng estlmates that are reasonable and prudent.
prepare the financlal statements on the golng concern basls unless It Is
Inappropriate to presume that the charlty wlll contlnue In operatlon.
The Trustees ara responsible for keeping adequate accountlng records that are sufficlent to
show and explaln the charity's transactlons and disclose wlth reasonable accuracy at any time
the flnanclal position of the charlty and enable them to ensure that the flnanclal statements
comply wlth CCNI guldelines. The Trustees are also responsible for safe8uardin8 the assets of
the charity and hence to take reasonable steps to prevent and detect fraud and other
Irre8ularitles.
Thls report was approved by the Trustees, on
. and slgned on behalf bv:
bble Watters
Trustee

RETHINKING CONFLICT
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF RETHINKING CONFLICT
I report on the financial statements of the charity for the year ended 31 December 2023 which
are set out on pages 7 and 8.
This report 15 made solely to the charitys members, as a body in accordance with section 65131(a}
of the Charities Act Northern Ireland 2008 and regulations made under section 66 of the Act. My
work has been undertaken so that I might state to the charities Trustees those matters l 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 charities Trustees as a body, for my work of this report.
Respective responsibilities of trustees and examiner
As the charity's Trustees are responsible for the preparation of the financial statements in
accordance with the requirments of the Charities Act (Northern Ireland} 2008. Having satisfied
myself that the charity is not subject to audit under Charities Act (Northern Ireland) 2008 and is
eligable for Independant examination.
It is my responsibility to:
examine the accounts under section 65 of the Charities Act
follow the procedures laid down in the general Directions given by the Commission under
section 6519llbl of the Charities Act
state whether particular matters have come to my attention,
Basis of Independent Examiner's report
I have examined your charity accounts as required under section 65 of the Charities Act and mv
examination was carried out in accordance with the general directions given by the Charity
Commission for Northern Ireland under section 6519llb) of the Charities Act.
My examination included a review of the accounting records kept by the charity and a
comparison of the accounts presented with those records. It was also included consideration of
any unusual items or disclosure5 in the accounts, and seeking explanations from you as charity
trustees concerning any such matters.
Independent examiner's statement
My role is to State whether any material matters have come to my attention giving me cause to
believe:
That accounting records were not kept in accordance with section 386 of the Companies Act
2006
That the accounts do not accord with those accounting records
That the accounts do not comply with the accounting requirements of section 396 of the
Companies Act 2006 and with the methods and principles of the Charities Statement of
Recommended Practice
That there is further information needed for a proper understanding of the accounts to be
reached.

RETHINKING CONFLICT
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF RETHINKING CONFLICT {continued)
Since your charity's gross income exceeded £250,000 your examiner must be a member of a
listed body. I can confirm that l am qualified to undertake the examination because l am a
registered member of Certified Public Accountants Association which is one of the listed bodies.
I have completed my examination and have no concerns in respect of the matters11) to141 listed
on page 6 and, in connection with following the directions of the Charity Commission for
Northern Ireland, I have found no matters that require drawing to your attention.
04/12/2024
Tony Clarke FCPA
53 Andersonstown Road
Belfast
BTII 9AG
Date:

RETHINKING CONFLICT
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
STATEMENT OF FINANCIAL ACTIVITIES INCORPORATING THE INCOME AND EXPENDITURE
ACCOUNT
Year to
Unrestricted Restricted 31-Dec-23
Funds
Funds
TOTAL
Year to
31-Dec-22
TOTAL
Note
Income from:
Donations and Legacies
Cha rita ble Activities
127,442
762
213,692
128,204
213,692
108,598
106,400
Total Income
127,442
214,454
341,897
214,998
Expenditure on:
Charita ble Activities
159,911
192,359
352,270
280,948
Total expenditure:
159,911
192,359
352,270
280,948
Net income/{expenditure)
{32,469)
22,096
(10,373)
{65,950)
Transfers between funds
32,710
132,7101
Net movement in funds
241
110,6141
110,3731
165,9501
Reconciliation of funds
Total funds brought forward
63,026
158,919
221,945
287,895
Total funds carried forward
63,267 148,304
211,571
221,945
The statement of financial activities includes all gains and losses recognised in the year.
All incoming resources and resources expended derive from continuing activities.
The notes on paEe 10 to 16 form an integral part of these accounts

REfHINKING CONFLicr
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
BALANCE SHEEr
As at 31 December 2023
2023
2022
Note
xed Assets
Tangible Assets
Current Assets
Cash at bank
220 001
220,001
225 949
225,949
Uabllltles
Creditors: amounts falllD8 du• wlthln rjno ￿￿T
8,4301
4,005
Net Current A$5ets
211,571
Total Assets Less Current (Llabllltles)
211 $71
Net assets
211,571
221,945
Funds
Restricted
Unrestricted
148,304
63,267
158,919
63,026
TOTAL FUNDS
10
211,571
221,945
The financlal statements were approved by the board of Trustees on
slgned on thelr behalf by:
and were
bble Watter5
Trustee
The notes on page 10 to 16 form and Integral part of these accounts

RETHINKING CONFLICT
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
NOTES TO THE ACCOUNTS
l Accounting policies
(al Basis of preparation of financial statements
The financial statements have been prepared in accordance with 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 1021 (effective l January 2019)- (Charities SORP IFRS 102) the Financial Reporting
Standard applicable in the UK and Republic of Ireland IFRS 1021.
Rethinking Conflict meets the definition of a public benefit entity under FRS 102. Assets and
liabil ities are initially recognised as historical cost or tra nsaction val ue unless otherwise stated
in the relevant accounting policy.
(bl General information
Rethinking Conflict is a charity in Northern Ireland. The registered office address and principal
place of business is Po Box 2328, Belfast, Northern Ireland, BT5 9GX.
The financial statements are presented in Sterling 1£). The level of rounding is £1.
(c) Going concern
After reviewing the charities forecasts and projections, the trustees have a reasonable
expectation that the charity has adequate resources to continue in operational existence for
the foreseeable future. The charity therefore continues to adopt the going concern basis in
prepari ng it f i nancial statements.
(dl Income
All income is recognised once the charity has entitlement to the income. It is probable that the
income will be received and the amount of income receivable can be measured reliablv.
Donated services or facilities are recognised when the charity has control over the item, any
conditions associated with the donated item have been met, the receipt of economic benefit
from the use of the charity of the item is probable and the economic benefit can be measured
reliably In accordance with the Charities SORP {FRS 1021.
10

RETHINKING CONFLICT
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
NOTES TO THE ACCOUNTS (continued)
(e) Income continued
On receipt, donated professional services and donated facilities are recognised on the basis of
the value of the gift to the charity which is the amount the charity would be willing to pay to
obtain services or facilities of equivalent economic benefit on the open market; a
corresponding amount is then recognised in expenditure in the period of receipt.
Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is
recognised at the time of donation.
Income tax recoverable in relation to investments income is recognised at the time the
investment income is receivable.
(f) Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic
benefit to a third party. It is probable that a transfer of economic benefits will be required in
settlement and the amount of the obligation can be measured reliably. Expenditure is
classified by activity. The cost of each activity are made up of the total direct costs and shared
costs, i nclu di ng support costs i nvolved i n undertaking each activity. Direct costs attributable to
a single activity a re al located directly to that activity, Shared costs wh ich contribute to more
than one activity and support costs which are not attributable to a single activity are
apportioned between those activities on the basis consistent with the use of resources.
Support cost5 are those costs incurred directly in support of expenditure on the objects of the
charitv.
(g) Tangible fixed assets and depreciation
A review for irnpairment of a fixed asset is carried out if events or changes in circumstances
indicate that the carrying value of the asset may not be recoverable. Shortfalls between the
caring value of the fixed assets and their recoverable amounts are recognised as impairments,
irnpairments losses are recognised i n the Statement of f inancial activities incorporating income
and expenditure account.
Tangible fixed assets are carried at cost, net of depreciation and any provision for impairment.
Depreciation if provided at rated calculated to write off the cost of the f ixed assets, less their
estimated residual value, over their expected useful lives on the following bases:
Equipment
Land and Buildings
IS% Reducing Balance
20 year lease term
11

RETHINKING CONFLICT
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
NOTES TO THE ACCOUNTS {continued)
(h) Interest receivable
Interest on funds held on deposit is included when receivable and the amount can be
measu red reliably by the charity,. this is norma Ily u pon notification of the interest paid or
payable by the bank.
(i) Debtors
Trade and other debtors are recognised at the settlement amount after any trade discount
offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
(j) Cash at Bank and in hand
Cash at bank and in hand includes cash and short term highly liquid investments with a short
maturity of three months or less from the date of acquisition or opening of the deposit of
similar account.
(k) Liabilities and provisions
Liabilities are recognised when there is an obligation at the balance sheet date as a result of a
past event, it is probable that the transfer of economic benefit will be required in settlement,
and the amount of the settlement can be estimated reliably. Liabilities are recognised at the
amount at the charity anticipates it will pay to settle the debt or the amount it has received as
advanced payments for the goods or services it must provide. Provisions are measured at the
best estimate of the amounts required to settle the obligation, Where the effect of the time
value of money is material, the provision is based on the present value of these amounts,
d iscou nted at the pre-tax discou nted rate that reflects the risks specific to the liability. The
unwindinR of the discount is recoRinsed within the interest oavable and similar charoes.
(l) Financial instrument5
The charity only has financial assets and financial liabilities of a kind that qualifies as basic
financial instruments. Basic financial instruments are initially recognised at transaction value
and subsequently measured at their settlement value with the exception of bank loan5 which
are subsequently measured at amortised cost using the effective interest method.
{m) Fund accounting
General funds are unrestricted funds which are available for the use at the discretion of the
Trustees in the furtherance of the general objectives of the charity and which have not been
designated for other purposes.
Restricted funds are funds which are to be used in accordance with the specific restrictions
imposed by donors or which have been raised by the charityfor particular purposes. The costs
of raising and administering such funds are charged against the specific fund. The aim and use
of each restricted fund is set out in the notes to the financial statements.
12

RETHINKING CONFLICT
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
NOTES TO THE ACCOUNTS (continued)
2 Income from Donations and Le
acies
2023
2022
Unrestricted
Funds
Restricted
Funds
TOTAL
TOTAL
General Income
Grants
Reimbursements
Totals 2023
72,296
8,632
46,514
127,442
72,296
8,632
47,276
128,204
54,595
32,359
21,644
108,598
762
762
Totals 2022
26,219
26,219
3 Income from Charitable Activities
2023
2022
Unrestricted
Funds
Restricted
Funds
TOTAL
TOTAL
Department of Foreign Affairs
Emergence Foundation
Esmee Fairbairn
Porticus
Totals 2023
37,675
21,017
60,000
95,000
213,692
37,675
21,017
60,000
95,000
213,692
56,400
50,000
106,400
Totals 2022
115,113
302,246 417,359
13

RETHINKING CONFLICT
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
NOTES TO THE ACCOUNTS (CONTINUED}
4 Staff Costs and Numbers
2023
2022
Gross Wages and Salaries
Social Security Costs
Pension
105,850
12,553
9,076
127,478
96,591
12,229
3708
112,528
No employee received emoluments of more than £60,000 (2023: None)
The average monthly number of employees during the year, calculated on the basis of full time
equivalents, was as follows..
2023
Number
2022
Number
5 Ex
enditure
2023
2022
Charitable Activities
Unrestricted
Funds
Restricted
Funds
TOTAL
TOTAL
Accommodation
Administration, Conference & Evaluation
Emerging Young Leaders
Facilitation
General & Other Expenses
Hospitality/Cateri ng
Insurance & Miscellaneous
Mentoring
Office & IT Expense
Payroll & Professional
Seminar
Telephone
Travel and Meetings
Accountancy
Bank Fees
Total 2023
18,842
2,091
1,065
500
84,573
9,398
1,133
18,961
3,925
8,742
2,500
827
2,426
37,803
6,016
9,807
3,000
85,400
11,824
1,133
15,650
4,263
127,478
15,464
1,981
28,060
4,355
35
352,270
23,338
7,606
15,318
60,739
13,141
1,115
3,018
15,650
778
113,478
13,186
3,485
14,001
2,278
1,981
19,414
1,115
35
159,911
112,528
17,502
1,206
21,285
4,140
13
280,948
8,646
3,240
192,359
Total 2022
192,636
88,312
280,948
14

RETHINKING CONFLICT
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
NOTES TO THE ACCOUNTS (CONTINUED)
6 Trustees remuneration & expenses
During the year, no Trustees received any remuneration12022- £NIL).
During the year, no Trustees received any benefits in kind12022- £NILI.
During the year, no Trustees received any reimbursement of expenses {2022- £NILI.
7 Creditors: amounts fallin
due within one
ear
2023
2022
Accruals & Deferred Income
HMRC PAYE & Pension
Other Creditors
Total 2023
8,430
4,005
8,430
4,005
8 Inde
endent examiner's remuneration
The independent Examiner's remuneration amounts to an Independent Examination fee of £360
{2022- £3601
9 Related art transactions
There were no related party transactions during the year.
15

RETHINKING CONFLICT
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
NOTES TO THE ACCOUNTS Icontinued)
10 Statement of funds - current
ear
Balance at
l Janurary Income
2023
Transfer
in/out
Balance at 31
December
2023
Expenditure
Restricted funds
Department of Foreign Affair
Emergence Foundation
Esmee Fairbairn
Porticus
Total restricted funds
56,400
17,165)
33,134
76,550
158,919
37,675
21,017
60,000
95,762
214,454
147,7021 {8,6981
113,8521
{49,575} 13,800
{95,082) 16,3601
{192,359) 132,710)
37,675
39,759
70,870
148,304
Unrestricted funds
General
Total Unrestricted funds
63,026
63,026
127,442
127,442
1160,9821
32,710
(160,982) 32,710
62,196
62,196
Total of funds - current year
221,945
341,897
{353,341)
210,500
11 Statement of fund -
rior
ear
Balance at
l January
2022
Balance at 31
December
2022
Income
Expenditure
Transfer
in/out
Total u nrestricted f unds
Total restricted f unds
Total of funds - prlor year
33,981
253,914
287,895
108,438
106,560
214,998
188,3121
8,919
1192,6361 18,919)
(280,948)
63,026
158,919
221,945
16