Charlty Ile6lstr•llon 140. 1108170 Comp•ryR4lstraUan 5Y33148 IEnO*nd and Wal¢sl THE CARING FAMILY FOUNDATION ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 THE CARING FAMILY FOUNDATION LEGAL AND ADMINISTRATIVE INFORMATION TN5ts• R Acarlng M N Steinbprg P Carln8 (Appolnted 2 Fe￿rUarY 20211 (Appolnted 7 M3y20201 A Bennett.A4u5 Chirhyfiumber 1108870 Comp•ny number 5333148 26.28 Conwaystreet London WIT 60Q Audltor HW Flsher LLP Acre House 11.15 Wllllam Road London NWI 3ER Unlted Klnudom B•nk•N HS8C Prlvate Bank IUKI Umltqd 78 St James Street Londan SW￿ iJ8 Sdto 8ates Wells & 8ralthwalte 2-6 Connon Street London EC4M 6YH THE CARING FAMILY FOUNDATION CONTENTS Trustee5' report stst¢mentof trust881' rosponslbllltlBi Independent audltor's report 8.10 Charttabl• iroup statement ofllnandèl ath¥llles li Ch•rltsbli 8rtyJpand •FOUNDAVICN A big thank you rf_ • 1,000,000 • THOUSANDS The foundètlon belleve5 Sn a Wofld where women and chlldren feel safe and no ehlld Soes hungry. In response to the 8rowln8 crlsis of food poverty ènd violence a8aln5t women and chlldren, thÈ Foundation Is ¢omml¢ted to,. supportlng vulnerabk famllles to ensure no chlld 8oe$ hunBryi and empowerlng women and children IleelnK vlolence to flnd safetv Ind hope. In June 2020, The Carln8 Famlly Foundatlon establlshed Bem Querer Mulher.. West House, a women'5 SUPPOrt centre In 5a0 Paulo, Braill. Throu8h our on8oln8 5UPPVrt for West House, we have enbblÈd hundred5 of women and their chlldren e5eapin8 dgme5tlr abuse to find the strength to leave their abU￿r5, to secure safety, to rebulld their self-esipem, and t rewrbtè thelr own storie5. Slnce e5tabllshlng Bem Querer Mulher West House In 2020 until Aprll 2021, we have been able to 5UPPOrt 390 women and their Children psrape dorne5tk abuse and find safety. In èdtlition, we have been able to offer 1,381 Se￿Ice5 includins p5ycholo8ical 5uppori le8al sUPPOrt, and social Services lincludlnE Initlal a55e55ments ènd referrals to specialist suppoit for health. safety and 8eneral wellbÈin81- a cruclal step In helplng to break the CYC￿ of Jbu5e and ensure 5UTvivors are able to secure and mainiain indeppndence. Throu8h the support of The Carln8 Fami￿ Foundatlon, West HOUSÈ has been able to offer the Professlonal Human Cèpacitation course which not only alrns to equip them with prDfe551onal Skills so they can start a trade and financlally provlde for themselves and their childrÈn, but a150 teaches them how to dÈrvnstruEI their history of vlolence and realise the¥ are more thèn what happened to them. SDThetlmes flndlng the strength to flee an abuslve relatlonshlp Is just the flrst step in breJkiTrg the cyrle of dome5tlc vlolence, and the unique communlty of women supportin8 women at West House helps survNor5 throu8h the extended process of rebuildlng ttteir I￿e5 wSth a newfound Sense of independence and peace. With the women we support we identified the requirement for professional development trainlng to gain Èmployment and financ+al Security to break rhe cycle of abuse. The tourse commenced at the end of thÈ 2020. 26 v40men started the rouise. 20 finlshed the cour5p. Of the 6 whll not complete. 3 found emplDyment before the end of the ceurse and 3 were unable to complete due to covid. Of the 20 who tompleted the course. 3 went into the lorrnal labDUf rnarket, 6 were within 5eloctlon processes, 9 had started their own businesse$ and 2 were Inthe Informal labour morket. THE CARING FAMILY FOUNDATION TRUSTEES, REPORT (INCLUDING DIREcfoRS' REPORT) FOR THE YEAR ENOED31 MARCH2Q21 Awordln& e¥ent8nd crfgls response As è grant awardin8 foundation, we ran two events to mark Mental Health Day and for International Day of the Glrl where Ihe foundatyon ra15ed fund5 and donated fund5 to key frontline charitles. On Au8U5t 4, 2020, 3 deadly emploslon at the port of Belrut kllled nearly 200 Indi￿dual$. Snlured thousands more, and damaged the capltal. 5eeln8 the devastin8 dÈStrUct￿n ènd Ios5 01 life, The Carlng F4mily Foundation raised funds and donated to Art uf Hope, a charity working on the yound in Lebanon, Art ol Hopel wlth their Brassroots partners on the 8raund, used the funds to prtswde emergency & l¢n8-term 5UPPOrt for the Vlctlms, On Wednesday 23rd September. The Carln8 Famlly Foundatlofi h05tEd on event at knnobel'5 PTlv•te member5 dub, 10 ¢elebrbte the Amaion. ia151n8 awarenes5 of current crlse5 It faces. The ￿ent ra15ed a 5tag8erln8 amount whlch funded a joint project with The Aainfoyest Foundation US In partnership w5th the Indl8enous Countll of Roralma's Envlronrnenial Department, one of the most devastated areas In the erailllan Amaion. This projeo wlll help toward5 the fl8ht a8alnst cllmate chan8e, enhan￿ local indl8enou5 rlght5. redure em1551on5 and to help to restore the Amazon to it5 former 8re4tne5S. In ￿0$nItIOn of World Mental Health Day and Intefnatlonal Day of the GSd. In ¢oll•boratlon wlth The C•rlTr8 F•rnlly foundatlon, knnabel'5, MorV5 Club and George welcomed a number of inspliatlon315peaker5 to The Clubs to discuss ènd rèlse 4wirEne55 of Important t￿￿£5 around mental heath and sorne of the ch311en8e5 faced by 8lr15 8lobalW. Speakers Included lasvlnder Sanghera of Karma NINana. ambassadors of leadln8 mental health charSty Mlnd. the Centre lor MÈntsl Health and the NSPCC. Funds were ralsod to support all three Df thecharltsble orgonlsatlons. In December 2020 we launched our Chlld Hun8ef Food from the Heèrt Cèmpal8t), wlth the alm to make a dlfferente to ihe Ilve5 of chlldren In the UK Ilvlng In p0￿rty. Throu8hout OecembÈr thSs new £ampal8n provlded B8,OX meals to chlldren that were 8oin8 hun8ry durin8 Chr15tma5 and contlnued Into 2021, The campal8n was born from the deslre to play a role in Ilevlatin8 the d1s•5trou5 lfflpact that the COVIO-19 pandemic has had on the ex15tln8 8rowln8 problem of child food poverty across the UK. The'Food from the Hoart, campalgn plod8ed to lÈed chSldren wlth 8 food dellvery program that wlll have a 5UStalnable Impact, In total the campalgn dellveled 140.000 meals to Chlldien In need throu8h partnershlps wlth The Fellx Prolert and Fareshère. ft1￿ m•n•iefflMt •nd ￿thI9 Imp4tt As è char￿¥ble foundation, we regularly revlew the r15k the fDundatlon may face and Implement pollcie5 and procedure5 dos18ned to mltl8at¢ and mlnlm15e any potentlal Impxt on the Foundatlon should such r15k5 ar15e. The Foundatlon's Covld-19 rfsk m8nè8ement plan was all8ned to the èssoclated buslnessÈs rlsk mana8Èment plans. paitlculorly throughout the Milllon and One Meals campalin. Staff safety was prlorltlsed and these plans were re8ularlv r•vlewed in Ilne wlth Government advice as It was updaied, The trustee dlrettors have revlewed thÈ major rlsks to whl In e•thind uih e4UI￿l￿ts 179,916 119,5181 ash and cash equ￿lents * beglnnln& of year 97,514 117,032 C•ih •hd •qulTAl•rTrts •1 •ndaf yMr 277,430 97,S14 13- THE CARING FAMILY FOUNDATION NiyfES TO THE FINANCIAL sfATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 Actaundrf polld Qwilty Inform•tlon The Ciring Family Foundatton 15 a prhate company Ilmited by guarantee inwrporated In England and Wales. The reglsrered office 15 2&28 Conway Street, London, WIT 68Q. 1.1 Actountln8 toThenJon The flnancial statements have been prepared Sn a¢¢ordan¢e wlth the ¢h•rllV'S Memorandum Ind Artre￿$ tsf Asso¢latl￿. the Companles Act 2DJ6 and Accounfjng and RÈptrrthnB by Charthes.. Statement of Recommended Pracvce applIc3￿e to chaKIYes preparlngtheir aryount5 ITh Iccordance with the Financ+al Reportrn8 Standaid applicable In the UK and Republlc of Ireland (FR5 1021 leffethve l January 20191" The charlty Is a Publlc Benefit Entlty as deb.ned by FRS 102. The financlal statements are prepared Sn sterllng, whl¢h Is the fun¢iiottal currenty of the ¢h•rlty. Monetary arnount5 In these anclal ststements are rounded to the nearest £. Th25E flnancial ststements cOn￿lidate the result5 of the charlty and Its wholly owned subs4dSaryi CCGC Tradlng Limited, on Ilne by Ilne b3515. A separate staternent of financlal acttvlttes and Income and expendlture account a￿ not presented IN the charlty It5ell followln8the exemptlons afforded by sethon 408 olthe Companles A¢t. The hnanclal 5tatem•nts hw• b+tn preparod under the h15torlcal cost conventlon. The prlnclpal a￿oUnting pollcle5 adopted •re Set out below. 1.2 t￿clIn At the trme of approwlng the Inanclal ststerngnts, the trustees have a reasonable expectsfjon that the charlty has adoquate resources wlth the confjnued support from Mr Cailn8 to £onfjnue In op¢rallonal exlstence for the foreseeable fviure, Thus the trustees con￿n￿e to adopt the golng concern ba$ls of attounting In prepèrini the financlol stotEments. 1.3 th•rltsble knds Unre5trlcted fund5 are awallable for use at the dlscrellon of the trustees In furtheran¢¢ of thelrthèrltabl• oble¢isv¢5. Income Is reco8nlsed when the tharlty Is legally tnfjtled to It after any pErformance conditlons have been met, the arnounts c•n be measured relIab￿, and It Is probableth3t Income wlll be recelved. Cash dDnatson5 are Tem¥nlsed on re£elpt, cyther donafjens are ￿C0￿nISed once the charlty his been D￿fied of the donallon, unle55 performance condlwons requlre deferral of the amount. Income tsx reC￿rable In relayon todonafjons recel¥ed under Glft Ald or deeds of covEnant Is reeognised at the Nme of thE dothation. 1,5 Expofioltuve Expendl¢ure15 recognlsed when a lIa￿lIty15 Incurred. Charltable •ttfvitlEs induded Expendrtures è550clated wlth the oblectfve5 of the charity and Include both the direct COSt5 and wpport ¢ost$ Ilncludin8 8overnance costsl relattn8 to these actyvlttes. 1.6 fash •nd eg￿VIe￿I5 Cash and Ea5h eqvivalents include ush in hond, deposrf(5 held at call with banks, other 5hort-temi Ilquld Investments wlth a￿8￿￿81 maturthe5 ofthree month50r less. 14- THE CARING FAMILY FOUNDATION NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED 31 MARCH 2021 A¢twhIl￿ pollcles Icontlnuedl 1.7 FIMhd*l Instryffler*s The charlty ha5 elerted to apF4y the provlsions of Seclon 11 'Sasic Flnanclal Instrumen￿ and Sethon 12 '0ther Nnanelal InstruTheThts155ues' of FRS 102 to all ol Its flnantlal Instrtsments. Financlal Instruments are recognlsed In the charlty's balance sheet when the charity becomes part¥ to the contrJ¢tual provisions of the Instrumerbt. Flnanclal assets and Ilabllltte5 are offset, wlth the net amount5 presented In the financS3l ststemen15. when there is a leÉallv enforceable right to set off the recognlsed amount5 and there Is an Inten￿On to settle orb a net basis or to reallse the asset and settle the Iloblllty51multaneou5ty. Baslc financlal assets. whlch Indude d¢biors and £a5h and bank balances. 8re Initially measured * transèctron prlce Includln8 tron5athon £0sts and are subsequently carrled at arno￿$ed cost usin8 the pffethve interest method tsnlESS the •rran8ement constitutes a finèncln8 transbthon. where the transac￿00 Is mebsured at the present value of the future rec*pts dlseounted at rket r*e of Interest. Flnanclal 055etsclassified as iecelvable wlthln one year are not èmortfsed. osltflnondalllublNtles 1￿C fi'nanclal 1lablli￿e$. lthdudlnl credttois and bank loèns •re Initially f•co8nlsed at transacWon prlcÈ uhle¥ the arrangement Constttutes a flnan¢lng tran5acYon, where the debt Instrument Is rnea5ured at the pre5¢nt valve of the future payments discounted at a m•rket rate of Interest. FSnanclal Ilabllltle5 cla551fled as payable wlthln one year are not amorttsed. Crlttt•l •crounllw ethm•tei and Ju￿•me￿￿ In the applicèfjon of ihe ¢haritV'5 accoundng polltles, thÈ trustees are requlred to make judgements, esfjmate5 ènd assump￿On$ 8bout the carrylng amount of assets and li3blliYe5 that are not readlly apparent irom other sources. The esnmates and b550clated assumptrons ère basèd on h15torlcal experlence and other factors that are consldered to be relevant. Artuttl ie5uIt5 may dlffer from these esmmates. The esttmate5 and underlylttd assumptrons are revlewed on an on8oin8 ba515. Rev151ons to èccountlna esfjmates are re¢¢gn15ed In the peilod In whlth the e5trm*e Is revlsed where the revlslon ?ffect5 only that perlod. or In the perlod of the revlslon and fvture perlod$ where the revlslon affects both current and future perlods. The trv5tee5 do not beI￿ve that any ¢rlfjc•l a¢rountyn8estlmates or lud8ements have been made. Unrertrftted lunds trlrted funds Tot•1 Llnrestri¢tpd nds 2021 2020 Donallons and 8lfts 1.825,386 ioo.thj 1,925,386 75,454 15- THE CARING FAMILY FOUNDATION N(yfES TO THE FINANCIAL STATEMEKfs (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 Ch•rltsble Id1￿11•5 2021 Pro¥lOon of meals 1.823.478 Grantlundihi of ath]￿e5 (see note 5 308,744 60,fXYJ Share of support Costs (see note 61 Share of 8overnance costs (see note 61 141,909 18,50D 31.832 2.490 2.291,631 95,322 Anily¥i byfvnd Unrestricted funds Restrlcted funds 2.192.631 ioo.(JJ) 95,322 1.292.631 95.322 IlrantspJy•bl• 2020 Gr8nts to Insftulons.. Chayn Womefi$ Aid 8SWA Wadham Jersey Llrnlted fl￿01￿0pe The Halo Prol¢¢t Karma Nlrvana Rlchmond Borou8h Mlnd Centrefor Mental Health UCL Oe¥elopment Fund Na￿￿Tha1 StsEiety forthe P¢evenYon of Cruelty to Chlldren Instrtuto Para O DesErwdvl Ralnforest Found3trM Inc Save thechlldren Tlkva other 39,000 39,000 39.OOJ 25,QCbJ 22,624 8,650 8.650 2,850 2,850 11.860 ioo,DJo lo.(￿} 3,660 308.744 16- THE CARING FAMILY FOUNDATION NiyfES TO THE FINANCIAL sfATEMENTS {coMfiNUED) FOR THE YEAR ENDED 31 MARCH2021 s￿port CQSt5 S¥port Costs Gov•rTran(• 5ts 1011 Support costs efnance 2020 costs Legal and profe5s1onal 141.909 141,909 32,832 32.832 Audit fee5 IndependÈnt Examlnavon IB,5C(I IB,5OJ 2,490 2.490 141.909 18,5LKI 160,409 32.832 1,490 35,322 Analysed bÈtween Chailtsble athlfjes 141.9Jg 18,50J 160,409 32,832 1,490 35,322 Governante costs Includes payrnents to the auditors 01 £18,5001202fy £nlll for audlt lees. In the prevlous year £2,490 wa5 pald to the It)dependent examiner for Independent examlrbadon fe05. Truit••i NNe of the trustees lor p•vson$ ¢wthe¢ted wlth theml recelved •ny remUnera￿on or benefits fiom the eharlty durlngtht ar. Employees Ther¢ wlre Tho employees durln8 ihe year. Subddtsrl•s Dptslls of the ch•rlty'5 5ub51dlary at 31 March 2021 are as follow5.. N•me of undertskl R•ilst•r•d Nawre olbuslmii Cl•ii of th•r•s hqld Dhrt Indlr•¢i CCGCTradln8 Llmlted England and Wales Fundfalslng and e%*nt holdlnR campanv Ordlnary Iw.00 io Oabto Gro 2011 Charlty 2021 2020 2020 AM￿￿$ tslllw du•wlthln oneyear: Amounts owed by subsldlary undertbkin8S Other debtor5 273,B94 170.720 250 250 2SO 273,894 270,970 The amout)ts due from the charlty's subsldlary undert•kln8, CCGC Trading knmlted, Incvr Interest at 1.5% above the Bank of England base rate. they are è150 8uarènteed by R. A. Carsng. Thls has been pèld back by the date these financial 5tsternentS have been approved. 17 THE CARING FAMILY FOUNDATION NOTES TO THE FINANCIAL sfATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 11 tsediiors- f•lllni duE wfthlfi ye•r 6voup 1021 Charfty 1021 1020 ioio Trade creditors AEcruals and deferred income 527,091 22.160 527,091 22.160 2.340 2.340 549,251 2,340 549.251 2,140 Trède credltors relateto ¢utstandln8 paymentstoth£ founder's personal buslness for the of meals. R•strlrt•d fund5 The Income funds ol the charlty Include re5tr1cted funds comprislng the followln8 unexpendeo balances of donattons 8fints held on trustfor spe¢lflc purp05es'. Mowm•ntln funds 0•1•n￿ it IAprfl 2010 bil•Trre4t expeThd￿ 31 Mii£h 2Q21 rthourc Ralnfore5t Foundadon Inc IDJ.o 1100.cwi Restrlcted funds ielate to a donatton provlded by Mr. Carln8whlch wa5 glven dlrecttya5 è grant to Ralnforest Foundatton Inc. R•l•t•LI p•rtytr4nS•dlons The Carlng Famlty Foundafjon rÈceived a donatton of £ioo,rix)frorn Mr. Carln8 th15 yeai12020- nlll. Addltyonallyi for thelr programme of provlding meals durln8 Covld-19, The Caring Family Found3tton expensed £1,8m to restaurants owned b¥ Mr. CarSn812020'. n511. Of this èmuunt, £527,091 was owlng at the year end. A5 at tho date these flnanclal statements have been approved th15 Jrnounl15 Stlll out5tandlng. Sh i•fi•w•t•d Irom oper•tlons 2021 Oeficitlor theyear 1367,2451 119,8681 Movements Ih wDrking¢apltal.. Decrease In debtors Inuease In credltors 250 2L¥J 150 546.911 C•shKqnerJ¢ed frgmllabsorbed by) ¢>perJUons 179.916 119,5181 15 Anaty51sofchni•s In fvnds The charlty had no debt durlngtheyear. 18-