REGISTERED COMPANY NUMBER: |
REGISTERED CHARITY NUMBER: |
REPORT OF THE TRUSTEES AND |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 28 FEBRUARY 2023 |
FOR |
FOOTBALL FOR PEACE FOUNDATION |
REGISTERED COMPANY NUMBER: |
REGISTERED CHARITY NUMBER: |
REPORT OF THE TRUSTEES AND |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 28 FEBRUARY 2023 |
FOR |
FOOTBALL FOR PEACE FOUNDATION |
FOOTBALL FOR PEACE FOUNDATION |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 28 FEBRUARY 2023 |
Page |
Report of the Trustees | 1 | to | 4 |
Independent Examiner's Report | 5 |
Statement of Financial Activities | 6 |
Balance Sheet | 7 | to | 8 |
Notes to the Financial Statements | 9 | to | 15 |
FOOTBALL FOR PEACE FOUNDATION (REGISTERED NUMBER: 07958677) |
REPORT OF THE TRUSTEES |
FOR THE YEAR ENDED 28 FEBRUARY 2023 |
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 28 February 2023. The trustees have adopted the provisions of 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 102) (effective 1 January 2019). |
OBJECTIVES AND ACTIVITIES |
Objectives and aims |
We aim to build sustainable initiatives to support global communities through our goals. We bring peace and prosperity by implementing advocacy and peace-building approaches around issues of inequalities, water sustainability, well-being, environmental degradation, and education. Our initiatives meet our pledge to the UN Sustainable Development Goals. It's a consistent part of our mission statement and at the heart of our goals and causes. |
Objectives: |
- Our objectives are set to reflect our community aims. Each year our trustees review our objectives and activities to ensure continued support to those projects in our focus areas. In carrying out this review the trustees have considered the Charity Commission's general guidance on public benefit |
- The Charity will seek to work in partnership to shape, design and deliver a range of safe, educational and exciting projects in the UK and abroad |
- To provide opportunities for young people and communities to participate in learning programmes and actions, which contribute to our focus areas and will enhance educational achievement and more resilient communities. |
- To work in partnership with key public, private and voluntary sector partners to deliver high quality provision |
Aims: |
-Challenge - Focus on personal and social development using football as a tool to up skill young people and communities and challenge behaviours and attitudes |
-Connect - We aim to connect people, from individuals to communities to nations, and support them to utilize the unique power of football to positively contribute to local and global challenges |
-Educate - We aim to educate people, about each other, sustainability, life skills and about how football can be a force for peace and a catalyst for lasting change. |
Project Aims: |
- Build sustainable initiatives to support some of the most problem-stricken places in the world through our goals and causes |
- Use the power of football to educate, empower and connect young people from diverse backgrounds, creating dialogue and together championing their efforts to contribute to their community |
- Empower young people to be ambassadors of change within their own communities, acting as leaders and peer influencers to support their local challenges |
Public benefit |
The charity supports a wide range of sporting, educational and social inclusion activities in furtherance of its charitable objects. The activities supported by the Foundation provide benefit to a wide selection of the community both in the UK and abroad, children and people of all ages, abilities and both sexes are eligible to participate. |
The trustees have complied with the duty in section 4 of the Charities Act 2006 to have due regard to public benefit guidance published by the commission. |
FOOTBALL FOR PEACE FOUNDATION (REGISTERED NUMBER: 07958677) |
REPORT OF THE TRUSTEES |
FOR THE YEAR ENDED 28 FEBRUARY 2023 |
ACHIEVEMENT AND PERFORMANCE |
Charitable activities |
City for Peace |
- Cities for Peace Young Ambassador Training is a local community initiative that uses football to connect young people from different faiths, cultures and backgrounds and get them to communicate, play together and learn to confront stereotypes and better understand one another. |
- We work with local experts to identify communities where misunderstanding is causing division. Using the advice of councils, clubs & schools, we select 12-18 year olds to become "Youth Ambassadors". We run bespoke training workshops to teach them football diplomacy & life skills. With the support of our local ambassador coordinators, our Youth Ambassadors run football tournaments to bring young people together in their local areas. |
- Drawing on expertise within the local areas we visit, Football for Peace works to identify communities, both at home and abroad, to take part in the programme. Schools and Community Groups are asked to identify students they believe would benefit the most from being involved with our workshops. Those chosen go on to become our 'Football for Peace Ambassadors'. The students undergo a number of courses designed to equip them with not only the skills and understanding they'll need to become a Football for Peace Ambassador, but more importantly, the life skills for the future. |
Peace Matches |
- One-off football matches held around the world to raise awareness of football diplomacy and promote a message of peace. |
- We identify divided global communities, and work to bring them together in a neutral environment to play a special football match. We also invite international dignitaries, royalty and footballers to attend or play in the match. The two (or more) communities are integrated into one team so that they use football to as a starting point to working together. They play against our Footballers for Peace team. |
- Although a single Peace Match won't change things alone, it can be the start of the kind of change that makes the difference to young lives and how they see their world. |
Fundraising activities |
Due to the Coronavirus pandemic the charity has been unable to hold any fundraising activities as of the lockdown measures. This has hindered the charity's ability to raise money via sales of tickets to events, fundraising auctions and donations. |
FINANCIAL REVIEW |
Financial position |
The total charitable income for the period to 28 February 2023 was £256,524.80, a considerable increase from the previous year, due to recovering from the pandemic. |
Due to this influx of income, football for peace has been able to start new charity projects and growing the charity projects already currently existing. Total charity resources expended for the year were £205,167.69. |
The charity can therefore report a net increase in funds of £51,357.11 for the period ended year; increasing the Total Funds available for future projects to £186,479.56. |
Reserves policy |
The management committee operates a system of general funds to cover the core running costs of the charity, and restricted funds to cover the costs associated with particular activities and projects. |
At the regular trustees meetings funding budgets are agreed to meet the programme of future events and activities to ensure that the charity can meet its objectives while still retaining surplus funds to meet it ongoing needs. |
FOOTBALL FOR PEACE FOUNDATION (REGISTERED NUMBER: 07958677) |
REPORT OF THE TRUSTEES |
FOR THE YEAR ENDED 28 FEBRUARY 2023 |
FUTURE PLANS |
The charity will continue to promote its work and ideals both in the public and private sectors. |
The charity will continue to identify areas where the City for Peace project can create a positive impact in the region. The aim is to deliver 3 City for Peace projects across the UK and 2 International City for Peace projects in the next year. We aim to build on our City for Peace projects in London, Luton and Birmingham and aim to develop projects in Manchester and Liverpool in the coming year. |
We aim to deliver a Peace Match in the UK following the increases in community tension and marginalisation that events have caused over the past 24 months. It will be a Peace Match to highlight unity with key figures, footballers and communities coming together to showcase community resilience. |
We aim to hold another fundraising Peace Ball to generate funds to deliver our City for Peace projects in the UK. |
STRUCTURE, GOVERNANCE AND MANAGEMENT |
Governing document |
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. |
Recruitment and appointment of new trustees |
As set out in Articles 29 to 37 of the Articles of Association a person is only eligible to act as a trustee if they have been proposed by a trustee and it has then been passed by an ordinary resolution of the members or alternatively by the board of trustees to appoint that person as a trustee. |
Organisational structure |
The board of trustees is not subject to a maximum number of trustees but there must always be a minimum of three trustees. The board meets regularly to discuss development, membership, and finance. To facilitate effective operations and the delivery of projects in furtherance of the charitable objectives. |
REFERENCE AND ADMINISTRATIVE DETAILS |
Registered Company number |
Registered Charity number |
Registered office |
Trustees |
Company Secretary |
FOOTBALL FOR PEACE FOUNDATION (REGISTERED NUMBER: 07958677) |
REPORT OF THE TRUSTEES |
FOR THE YEAR ENDED 28 FEBRUARY 2023 |
REFERENCE AND ADMINISTRATIVE DETAILS |
Independent Examiner |
Versa Accountants Ltd |
Chartered Certified Accountants |
Unit 2 |
99-101 Kingsland Road |
London |
E2 8AG |
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. |
Approved by order of the board of trustees on |
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF |
FOOTBALL FOR PEACE FOUNDATION |
Independent examiner's report to the trustees of Football for Peace Foundation ('the Company') |
I report to the charity trustees on my examination of the accounts of the Company for the year ended 28 February 2023. |
Responsibilities and basis of report |
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). |
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act. |
Independent examiner's statement |
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies. |
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: |
1. | accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or |
2. | the accounts do not accord with those records; or |
3. | the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or |
4. | the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). |
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. |
Albie Turner |
Versa Accountants Ltd |
Chartered Certified Accountants |
Unit 2 |
99-101 Kingsland Road |
London |
E2 8AG |
5 February 2024 |
FOOTBALL FOR PEACE FOUNDATION |
STATEMENT OF FINANCIAL ACTIVITIES |
FOR THE YEAR ENDED 28 FEBRUARY 2023 |
2023 | 2022 |
Unrestricted | Restricted | Total | Total |
funds | funds | funds | funds |
Notes | £ | £ | £ | £ |
INCOME AND ENDOWMENTS FROM |
Donations and legacies |
EXPENDITURE ON |
Raising funds | 2 |
Charitable activities |
Total |
NET INCOME/(EXPENDITURE) | ( |
) |
RECONCILIATION OF FUNDS |
Total funds brought forward |
TOTAL FUNDS CARRIED FORWARD | 135,122 |
FOOTBALL FOR PEACE FOUNDATION (REGISTERED NUMBER: 07958677) |
BALANCE SHEET |
28 FEBRUARY 2023 |
2023 | 2022 |
Unrestricted | Restricted | Total | Total |
funds | funds | funds | funds |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 7 |
Investments | 8 |
CURRENT ASSETS |
Debtors | 9 | ( |
) |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 10 | ( |
) | ( |
) | ( |
) | ( |
) |
NET CURRENT ASSETS | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year | 11 | ( |
) | ( |
) | ( |
) |
NET ASSETS |
FUNDS | 13 |
Unrestricted funds | 142,877 | 135,122 |
Restricted funds | 43,602 | - |
TOTAL FUNDS | 135,122 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023. |
The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006. |
The trustees acknowledge their responsibilities for |
(a) | ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. |
FOOTBALL FOR PEACE FOUNDATION (REGISTERED NUMBER: 07958677) |
BALANCE SHEET - continued |
28 FEBRUARY 2023 |
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. |
The financial statements were approved by the Board of Trustees and authorised for issue on |
FOOTBALL FOR PEACE FOUNDATION |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 28 FEBRUARY 2023 |
1. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value. |
Income |
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. |
Expenditure |
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. |
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure. |
Taxation |
The charity is exempt from corporation tax on its charitable activities. |
Fund accounting |
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. |
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. |
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. |
Foreign currencies |
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result. |
FOOTBALL FOR PEACE FOUNDATION |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 28 FEBRUARY 2023 |
2. | RAISING FUNDS |
Raising donations and legacies |
2023 | 2022 |
£ | £ |
Support costs |
3. | NET INCOME/(EXPENDITURE) |
Net income/(expenditure) is stated after charging/(crediting): |
2023 | 2022 |
£ | £ |
Depreciation - owned assets |
4. | TRUSTEES' REMUNERATION AND BENEFITS |
There were no trustees' remuneration or other benefits for the year ended 28 February 2023 nor for the year ended 28 February 2022. |
5. | STAFF COSTS |
2023 | 2022 |
£ | £ |
Wages and salaries |
7,700 | - |
The average monthly number of employees during the year was as follows: |
2023 | 2022 |
6. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES |
Unrestricted | Restricted | Total |
funds | funds | funds |
£ | £ | £ |
INCOME AND ENDOWMENTS FROM |
Donations and legacies |
EXPENDITURE ON |
Raising funds |
Charitable activities |
Total |
NET INCOME/(EXPENDITURE) | ( |
) | ( |
) |
FOOTBALL FOR PEACE FOUNDATION |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 28 FEBRUARY 2023 |
6. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued |
Unrestricted | Restricted | Total |
funds | funds | funds |
£ | £ | £ |
Transfers between funds | 9,040 | (9,040 | ) | - |
Net movement in funds | ( |
) | ( |
) |
RECONCILIATION OF FUNDS |
Total funds brought forward | 200,989 | - |
TOTAL FUNDS CARRIED FORWARD | 135,122 | - | 135,122 |
7. | TANGIBLE FIXED ASSETS |
Fixtures |
and |
fittings |
£ |
COST |
At 1 March 2022 |
Additions |
At 28 February 2023 |
DEPRECIATION |
At 1 March 2022 |
Charge for year |
At 28 February 2023 |
NET BOOK VALUE |
At 28 February 2023 |
At 28 February 2022 |
8. | FIXED ASSET INVESTMENTS |
Unlisted |
investments |
£ |
MARKET VALUE |
At 1 March 2022 and 28 February 2023 |
NET BOOK VALUE |
At 28 February 2023 | 200,000 |
At 28 February 2022 | 200,000 |
There were no investment assets outside the UK. |
FOOTBALL FOR PEACE FOUNDATION |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 28 FEBRUARY 2023 |
9. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Other debtors |
VAT |
10. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Bank loans and overdrafts (see note 12) |
Trade creditors |
Social security and other taxes |
Net wage control | (560 | ) | - |
VAT | 2,133 | 1,734 |
Other creditors |
11. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2023 | 2022 |
£ | £ |
Bank loans (see note 12) |
12. | LOANS |
An analysis of the maturity of loans is given below: |
2023 | 2022 |
£ | £ |
Amounts falling due within one year on demand: |
Bank overdrafts |
Amounts falling due in more than five years: |
Repayable by instalments: |
Bank loans more 5 yr by instal | 37,124 | 47,398 |
FOOTBALL FOR PEACE FOUNDATION |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 28 FEBRUARY 2023 |
13. | MOVEMENT IN FUNDS |
Net |
movement | At |
At 1.3.22 | in funds | 28.2.23 |
£ | £ | £ |
Unrestricted funds |
General fund | 135,122 | (12,805 | ) | 122,317 |
Pakistan | - | (22,178 | ) | (22,178 | ) |
Qatar WC | - | 45,738 | 45,738 |
Stock x | - | (3,000 | ) | (3,000 | ) |
135,122 | 7,755 | 142,877 |
Restricted funds |
YPL Albania | - | 22,295 | 22,295 |
Mozambique RTE | - | 21,307 | 21,307 |
- | 43,602 | 43,602 |
TOTAL FUNDS | 135,122 | 51,357 | 186,479 |
Net movement in funds, included in the above are as follows: |
Incoming | Resources | Movement |
resources | expended | in funds |
£ | £ | £ |
Unrestricted funds |
General fund | 9,234 | (22,039 | ) | (12,805 | ) |
Pakistan | 2,420 | (24,598 | ) | (22,178 | ) |
Qatar WC | 64,988 | (19,250 | ) | 45,738 |
Stock x | - | (3,000 | ) | (3,000 | ) |
76,642 | (68,887 | ) | 7,755 |
Restricted funds |
Bradford Centre | 18,015 | (18,015 | ) | - |
Nigeria YPL Project | 54,982 | (54,982 | ) | - |
YPL Albania | 34,031 | (11,736 | ) | 22,295 |
Maldives YPL | 38,854 | (38,854 | ) | - |
Mozambique RTE | 33,998 | (12,691 | ) | 21,307 |
179,880 | (136,278 | ) | 43,602 |
TOTAL FUNDS | 256,522 | (205,165 | ) | 51,357 |
FOOTBALL FOR PEACE FOUNDATION |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 28 FEBRUARY 2023 |
13. | MOVEMENT IN FUNDS - continued |
Comparatives for movement in funds |
Net | Transfers |
movement | between | At |
At 1.3.21 | in funds | funds | 28.2.22 |
£ | £ | £ | £ |
Unrestricted funds |
General fund | 200,989 | (74,907 | ) | 9,040 | 135,122 |
Restricted funds |
Bradford Centre | - | 9,040 | (9,040 | ) | - |
TOTAL FUNDS | 200,989 | (65,867 | ) | - | 135,122 |
Comparative net movement in funds, included in the above are as follows: |
Incoming | Resources | Movement |
resources | expended | in funds |
£ | £ | £ |
Unrestricted funds |
General fund | 79,116 | (154,023 | ) | (74,907 | ) |
Restricted funds |
Bradford Centre | 45,000 | (35,960 | ) | 9,040 |
TOTAL FUNDS | 124,116 | (189,983 | ) | (65,867 | ) |
A current year 12 months and prior year 12 months combined position is as follows: |
Net | Transfers |
movement | between | At |
At 1.3.21 | in funds | funds | 28.2.23 |
£ | £ | £ | £ |
Unrestricted funds |
General fund | 200,989 | (87,712 | ) | 9,040 | 122,317 |
Pakistan | - | (22,178 | ) | - | (22,178 | ) |
Qatar WC | - | 45,738 | - | 45,738 |
Stock x | - | (3,000 | ) | - | (3,000 | ) |
200,989 | (67,152 | ) | 9,040 | 142,877 |
Restricted funds |
Bradford Centre | - | 9,040 | (9,040 | ) | - |
YPL Albania | - | 22,295 | - | 22,295 |
Mozambique RTE | - | 21,307 | - | 21,307 |
- | 52,642 | (9,040 | ) | 43,602 |
TOTAL FUNDS | 200,989 | (14,510 | ) | - | 186,479 |
FOOTBALL FOR PEACE FOUNDATION |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 28 FEBRUARY 2023 |
13. | MOVEMENT IN FUNDS - continued |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: |
Incoming | Resources | Movement |
resources | expended | in funds |
£ | £ | £ |
Unrestricted funds |
General fund | 88,350 | (176,062 | ) | (87,712 | ) |
Pakistan | 2,420 | (24,598 | ) | (22,178 | ) |
Qatar WC | 64,988 | (19,250 | ) | 45,738 |
Stock x | - | (3,000 | ) | (3,000 | ) |
155,758 | (222,910 | ) | (67,152 | ) |
Restricted funds |
Bradford Centre | 63,015 | (53,975 | ) | 9,040 |
Nigeria YPL Project | 54,982 | (54,982 | ) | - |
YPL Albania | 34,031 | (11,736 | ) | 22,295 |
Maldives YPL | 38,854 | (38,854 | ) | - |
Mozambique RTE | 33,998 | (12,691 | ) | 21,307 |
224,880 | (172,238 | ) | 52,642 |
TOTAL FUNDS | 380,638 | (395,148 | ) | (14,510 | ) |
14. | RELATED PARTY DISCLOSURES |