Quizzed by Deborah, he says he made a £59k loss last year.

However he has made a profit in previous years.

He says making hires has cost the business the most money and is planning to return to profitability soon.

Steven asks about the scalability of the business. He’s not impressed by the potential £1.25m annual revenue.

Peter says he can do this himself – all his companies run their own charity events. He has had a foundation for 20 years and says this doesn’t feel like a for-profit organisation but would be interested in folding it into his foundation.