TOGETHER FOR PEACE
Financial health, per its FY2024 accounts
The accounts state that the charity incurred a net expenditure of £124,581 for the year, resulting in a significant decrease in total net assets from £231,706 to £107,125. Per the trustees' report, free reserves excluding fixed assets stood at £6,555, which falls within the stated policy target of £5,000 to £10,000. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“T4P's policy is to keep reserves equivalent to 3 to 6 months' running costs, which is approximately £5,000 to £10,000, to enable the smooth running of the charity and to enable an orderly winding up should the charity need to close.” — page 5
Trustees
- Alison Mackay Phelps
- Edward Thomas Harwood Carlisle
- Gillian Holding
- Hannah Clare Langdana
- Michael Love
- Olivier Nkunzimana
- Saiqa Sharif
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £345k | £469k |
| 31/12/2023 | £459k | £426k |
| 31/12/2022 | £337k | £250k |
| 31/12/2021 | £163k | £144k |
| 31/12/2020 | £57k | £87k |
Common questions
Is TOGETHER FOR PEACE financially healthy?
The accounts state that the charity incurred a net expenditure of £124,581 for the year, resulting in a significant decrease in total net assets from £231,706 to £107,125. Per the trustees' report, free reserves excluding fixed assets stood at £6,555, which falls within the stated policy target of £5,000 to £10,000. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE THALES CHARITABLE TRUST | 1 | — |
| THE PENNIES FOUNDATION | 1 | £218k |
| The Brindle Foundation | 1 | £75k |
| THE TRUE COLOURS TRUST | 1 | £70k |
| THE SAM AND BELLA SEBBA CHARITABLE FOUNDATION | 1 | £20k |
| THE HOSKING CHARITABLE TRUST | 1 | £20k |
| SCOULOUDI FOUNDATION | 1 | £20k |
| THE MURIEL AND GERSHON COREN CHARITABLE FOUNDATION | 1 | £20k |