0 false false false false false false true false false false false false true true No description of principal activity 2023-04-01 Sage Accounts Production Advanced 2023 - FRS102_2023_Charity xbrli:pure xbrli:shares iso4217:GBP NI667552 2023-04-01 2024-03-31 NI667552 2024-03-31 NI667552 2023-03-31 NI667552 2022-03-01 2023-03-31 NI667552 2023-03-31 NI667552 2022-02-28 NI667552 bus:LeadAgentIfApplicable 2023-04-01 2024-03-31 NI667552 char:Trustee1 2023-04-01 2024-03-31 NI667552 char:Trustee2 2023-04-01 2024-03-31 NI667552 char:Trustee3 2023-04-01 2024-03-31 NI667552 char:Trustee4 2023-04-01 2024-03-31 NI667552 char:Trustee5 2023-04-01 2024-03-31 NI667552 char:Trustee6 2023-04-01 2024-03-31 NI667552 char:Trustee7 2023-04-01 2024-03-31 NI667552 char:Trustee8 2023-04-01 2024-03-31 NI667552 char:Trustee9 2023-04-01 2024-03-31 NI667552 char:Trustee10 2023-04-01 2024-03-31 NI667552 bus:CompanySecretary1 2023-04-01 2024-03-31 NI667552 char:Trustee1 2024-03-31 NI667552 char:Trustee2 2024-03-31 NI667552 char:Trustee3 2024-03-31 NI667552 char:TotalUnrestrictedFunds 2023-03-31 NI667552 char:TotalUnrestrictedFunds 2024-03-31 NI667552 char:TotalUnrestrictedFunds 2023-03-31 NI667552 char:TotalUnrestrictedFunds 2023-04-01 2024-03-31 NI667552 char:TotalUnrestrictedFunds 2022-03-01 2023-03-31 NI667552 core:WithinOneYear 2024-03-31 NI667552 core:WithinOneYear 2023-03-31 NI667552 bus:SmallEntities 2023-04-01 2024-03-31 NI667552 bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 NI667552 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 NI667552 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 NI667552 bus:FullAccounts 2023-04-01 2024-03-31
COMPANY REGISTRATION NUMBER: NI667552
CHARITY REGISTRATION NUMBER: NI108297
International Peace Education Resources (IPER)
Company Limited by Guarantee
Unaudited Financial Statements
31 March 2024
International Peace Education Resources (IPER)
Company Limited by Guarantee
Financial Statements
Year ended 31st March 2024
Page
Trustees' annual report (incorporating the directors' report)
1
Independent examiner's report to the trustees
4
Statement of financial activities (including income and expenditure account)
6
Statement of financial position
7
Notes to the financial statements
8
International Peace Education Resources (IPER)
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Directors' Report)
Year ended 31st March 2024
The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 March 2024 .
Reference and administrative details
Registered charity name
International Peace Education Resources (IPER)
Charity registration number
NI108297
Company registration number
NI667552
Principal office and registered
91 Clady Road
office
Portglenone
BT44 8LB
The trustees
Mr S Fields
(Resigned 7 September 2024)
Mr B Hamber
(Resigned 27 May 2024)
Ms M McLaughlin
(Resigned 10 May 2024)
Mr C Winter
(Resigned 10 May 2024)
Ms S G Gordon
Prof D Kew
Ms F A McCartney
Prof R H Mac Ginty
Rev T McRoberts
Ms N Walaza
Company secretary
Prof Marie Breen-Smyth
Independent examiner
Donaldson & Thompson Chartered Accountants
3 Limavady Road
Londonderry
BT47 6JU
Structure, governance and management
The organisation is a charitable company limited by guarantee, incorporated on 7th February 2020 and registered with the Charity Commission for Northern Ireland on 17th September 2021 under charity number NIC108297. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up members are required to contribute an amount not exceeding £1.
Objectives and activities
Advance the education about methods of peacebuilding.
Advance education about violence and its consequences.
Promote non-violence, conflict resolution, restorative practices and peaceful methods of managing conflict and differences.
Support positive community leadership in communities and organisations affected by violence.
Build, encourage and support positive relationships between legal authorities and communities and organisations affected by violence.
Provide opportunities for international learning, exchange and dialogue for students and community workers from Northern Ireland, United States, Europe, and other locations.
Promote the value of education about peace and the value of dialogue as a method of community development in the area of benefit in Northern Ireland and beyond:
To encourage collaborative international research, knowledge development and collegiality between international and local participants in the area of benefit:
To afford educational opportunities to a wide range of participants in the area of benefit, particularly in the greater Armagh area and elsewhere in Northern Ireland, including those with limited access to such education and training.
How to achieve objectives
(I) By providing support at local level for building positive relationships between stakeholders and the authorities;
(II) By creating opportunities to build new networks of relationships at local and international levels;
(III) By the provision of training and educational courses and events for local and international participants.
(IV) By working in partnership and cooperation with educational institutions, community organisations and other relevant bodies to deliver training, courses, and events.
(V) Bring together in conference representatives of voluntary organisations, Government departments, statutory authorities, and individuals.
(VI) Co-operate and enter into arrangements with any authorities, national, local, or otherwise.
(VII) Arrange and provide for, either alone or with others, the holding of exhibitions, meetings, lectures, classes, seminars, or training courses.
(VIII) Collect and disseminate information on all matters relating to its objects, and to exchange such information with other bodies having similar objects whether in the United Kingdom or elsewhere.
(IX) Organise and deliver an annual accredited course in peacebuilding for international students and located in Northern Ireland.
Achievements and performance
After we delivered our summer school on July 8th - 18th 2022, unfortunately we were unable to deliver our summer school in 2023. Following this we reflected in our previous report that we identified some shortcoming in our organisation where by the delivery of our project is spread thinly over the organisation as a whole. Subsequently, our academic partner, University of Masschusetts, Boston announced that it no longer had administrative capacity to organise the summerschool in the future. This coincided with the founding of a new summerschool by one of the IPER directors, Maeve McLaughlin and with a debate now about the future of IPER itself. It was decided that the summerschool dimension should be discontinued, and IPER should shift its focus to more locally based work concentrating on community based learning and intervention. Following this refocusing, a number of new directors were appointed, followed by the stepping down of the directors who had been associated with the summerschool, with the exception of the Chairperson, Stephen Field, who remained for a period of time.
Following meetings of the new directors, both via Zoom and face to face, the Articles of Association were amended to reflect the new, more local focus of the work. The outgoing directors voted to pass the remaining financial assets of the company on to support this new direction of the work. The new directors expressed their gratitude for this generous act.
Financial review
The results for the year are contained in the financial statements attached.
Plans for future periods
The new focus of IPER's work was decided to be the work associated with supporting moves away from violence by individuals and groups at community level and the building of relationships of trust and mutual benefit between the authorities and those affected by, or previously involved in, violence. Fund-raising to support this work will be an immediate focus of the work in the next 12 months, as well as assessing the potential for support amongst communities, voluntary organisations, government departments and other authorities.
Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
The trustees' annual report (incorporating the directors' report) was approved on 26 November 2024 and signed on behalf of the board of trustees by:
Ms F A McCartney
Prof R H Mac Ginty
Trustee
Trustee
International Peace Education Resources (IPER)
Company Limited by Guarantee
Independent Examiner's Report to the Trustees of International Peace Education Resources (IPER)
Year ended 31st March 2024
I report on the financial statements for the year ended 31st March 2024, which comprise the statement of financial activities (including income and expenditure account), statement of financial position and the related notes.
Respective responsibilities of trustees and examiner
The charity's trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006. Having satisfied myself that the charity is not subject to audit under company law, and is eligible for independent examination, it is my responsibility to:
- examine the accounts under section 65 of the Charities Act;
- to follow the procedures laid down in the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act; and
- to 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 my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act. The examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also included consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters.
My role is to state whether any material matters have come to my attention giving me cause to believe:
1.
That accounting records were not kept in accordance with section 386 of the Companies Act 2006
2.
That the accounts do not accord with those accounting records
3.
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 applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland.
4.
That there is further information needed for a proper understanding of the accounts to be reached.
Independent examiner's statement
I have completed my examination and have no concerns in respect of the matters (1) to (4) listed above 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.
Donaldson & Thompson Chartered Accountants
Independent Examiner
3 Limavady Road Londonderry BT47 6JU
26 Nov 24
International Peace Education Resources (IPER)
Company Limited by Guarantee
Statement of Financial Activities
(including income and expenditure account)
Year ended 31st March 2024
Year to 31 Mar 24
Period from 1 Mar 22 to 31 Mar 23
Unrestricted funds
Total funds
Total funds
Note
£
£
£
Income and endowments
Charitable activities
5
35,486
----
----
--------
Total income
35,486
----
----
--------
Expenditure
Expenditure on charitable activities
6,7
1,045
1,045
29,536
-------
-------
--------
Total expenditure
1,045
1,045
29,536
-------
-------
--------
-------
-------
--------
Net (expenditure)/income and net movement in funds
( 1,045)
( 1,045)
5,950
-------
-------
--------
Reconciliation of funds
Total funds brought forward
5,950
5,950
-------
-------
--------
Total funds carried forward
4,905
4,905
5,950
-------
-------
--------
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
International Peace Education Resources (IPER)
Company Limited by Guarantee
Statement of Financial Position
31 March 2024
2024
2023
Note
£
£
Current assets
Cash at bank and in hand
5,661
8,110
Creditors: amounts falling due within one year
12
756
2,160
-------
-------
Net current assets
4,905
5,950
-------
-------
Total assets less current liabilities
4,905
5,950
-------
-------
Net assets
4,905
5,950
-------
-------
Funds of the charity
Unrestricted funds
4,905
5,950
-------
-------
Total charity funds
13
4,905
5,950
-------
-------
For the year ending 31st March 2024 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
These financial statements were approved by the board of trustees and authorised for issue on 26 Nov 24 , and are signed on behalf of the board by:
Ms F A McCartney
Prof R H Mac Ginty
Trustee
Trustee
International Peace Education Resources (IPER)
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 31st March 2024
1. General information
The charity is a public benefit entity and a private company limited by guarantee, registered in Northern Ireland and a registered charity in Northern Ireland. The address of the registered office is 91 Clady Road, Portglenone, BT44 8LB.
2. Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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) (Charities SORP (FRS 102)) and the Companies Act 2006.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
There are no material uncertainties about the charity's ability to continue.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income: - income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably. - legacy income is recognised when receipt is probable and entitlement is established. - income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. - income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates: - expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods. - expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities. - other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
Financial instruments
A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs. Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted. Debt instruments are subsequently measured at amortised cost. Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
4. Limited by guarantee
International Peace Education Resources (IPER) is a company limited by guarantee and accordingly does not have a share capital.
Every member of the company undertakes to contribute such amount as may be required not exceeding £1 to the assets of the charitable company in the event of its being wound up while he or she is a member, or within one year after he or she ceases to be a member.
5. Charitable activities
Unrestricted Funds
Total Funds 2024
Unrestricted Funds
Total Funds 2023
£
£
£
£
Other income from charitable activities - UMASS
35,486
35,486
----
----
--------
--------
6. Expenditure on charitable activities by fund type
Unrestricted Funds
Total Funds 2024
Unrestricted Funds
Total Funds 2023
£
£
£
£
Peace education
576
576
27,375
27,375
Support costs
469
469
2,161
2,161
-------
-------
--------
--------
1,045
1,045
29,536
29,536
-------
-------
--------
--------
7. Expenditure on charitable activities by activity type
Activities undertaken directly
Support costs
Total funds 2024
Total fund 2023
£
£
£
£
Peace education
576
576
27,375
Governance costs
469
469
2,161
----
----
-------
--------
576
469
1,045
29,536
----
----
-------
--------
8. Analysis of support costs
Peace education
Total 2024
Total 2023
£
£
£
Governance costs
456
456
2,160
----
----
-------
9. Independent examination fees
Period from
Year to
1 Mar 22 to
31 Mar 24
31 Mar 23
£
£
Fees payable to the independent examiner for:
Independent examination of the financial statements
180
520
Other financial services
276
1,640
----
-------
456
2,160
----
-------
10. Staff costs
The average head count of employees during the year was Nil (2023: Nil).
No employee received employee benefits of more than £60,000 during the year (2023: Nil).
11. Trustee remuneration and expenses
No remuneration or other benefits from employment with the charity or a related entity were received by the trustees.
12. Creditors: amounts falling due within one year
2024
2023
£
£
Accruals and deferred income
756
2,160
----
-------
13. Analysis of charitable funds
Unrestricted funds
At 1 Apr 2023
Income
Expenditure
At 31 Mar 2024
£
£
£
£
General funds
5,950
(1,045)
4,905
-------
----
-------
-------
At 1 Mar 2022
Income
Expenditure
At 31 Mar 2023
£
£
£
£
General funds
35,486
(29,536)
5,950
----
--------
--------
-------
14. Analysis of net assets between funds
Unrestricted Funds
Total Funds 2024
£
£
Current assets
5,661
5,661
Creditors less than 1 year
(756)
(756)
-------
-------
Net assets
4,905
4,905
-------
-------
Unrestricted Funds
Total Funds 2023
£
£
Current assets
8,110
8,110
Creditors less than 1 year
(2,160)
(2,160)
-------
-------
Net assets
5,950
5,950
-------
-------