Registered number: 08834979
Charity number: 1163026
WE ARE FAMILY FOUNDATION
(A company limited by guarantee)
UNAUDITED
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2020
*A4E24rKY*
COMPANIES HOUSE

WE ARE FAMILY FOUNDATION
IA company limited by guarantee)
CONTENTS
Page
Refértnce and administr•tive details of the tompJnyN its trustets and advisers
Trustees. report
Independent examiner's report
statement of financial a¢tivitie$
Balance sheet
Notes to the financial Statements
7- 11

. WE ARE FAMILY FOUNDATION.
IA ¢ompany limited by guarnnte•l
REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY.
ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 DECEMBER 2020
Trustees
N G Rodgers
M A Barondess
NLHunt
I Cervellera Michell
D Feigelson
D R Saddington
J D Montgomery
Vsshah
Company registered number
08834979
Charity re9lStered number
1163026
•giSterad offke
Elsley Court. 20 - 22 Great Titchfield Street, London, WIW 8BE
Accountant
SRLV LLP. E151ey Court. 20 - 22 Great Titchfield Street. London, WIW 8BE
Page I

WE ARE FAMILY FOUNDATION
(A company limiied by guarantee)
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2020
The Trustees present their annual report together with the financial statements of the We Are Family
Foundation for the year l January 2020 to 31 December 2020. The Trustees confirm that the annual report
and financial statements of the charitable company Comply with the current statutory requirements, the
ouirements of the charitable company'5 governing document ènd the provisions of the Statement of
Recommended Practice ISORP) applicable to charities preparing their accounts in accordance with the
Financial Reportin9 Standard applicable in the UK and Republie of Ireland {FR51021 (effective l January
20191.
Since the company qualifies as small under section 382 of the Companies Act 2006, the strategic report
qUI￿d of medium and large companies under the Companies Act 2006 (Strategic Report and Directors.
Report) Regulat￿nS 2013 is not requI￿d.
Objectives and actlvitles
. Pollcles and objectlves
The company's objertives are specifically restrirted to promotin9 equality. diversity and peace for the publi¢
benefit through the vision ol a global family.
b. Activities for achlevSn9 objectrves
The company's objettives are achleved by:
{al Creattng and SLtPPgrting programmes that inspire and educate the next generation about peace, respect,
understanding and cultural diversity.
{bl Promoting activities to foster understandin9 between people from diverse backgrounds.
(t} Cultivating a serttiment in favour of respert, understarbding and cultural diversity through the vision of
global family.
(d) Working to eliminate discrimination on grounds of race, gender. disability. sexual orientation or religlon
Achievements and performance
a. Review ot artivities
Dur6ng the year. the company received dortations of £211.816 {2019 - £116,121).
As at 31 Oecember 2020, there were unrestricted re5erve5 of £25,460 {2019 - E87.064). The unrestricted
reserves are available for use at the diKretion of the trustees in furtherance of the general objectives of the
Company and which have not been des19nated for other purpose5.
Financlal review
. Golng <0￿C•M
After makin9 appropriate enquiries. the Trustees have a reasonable expectation that the company has
adequate resources to continue in operational existence for the foreseeable future. For this reason, they
contlnue to adopt the going concern ba515 tn preparing the financial 5tstements. Further details regarding
the adoption of the going concern basis Can be ftjund in the accounting policies.
Page 2

WE ARE FAMILY FOUNDATION.
(A Company fimited by guarantee)
TRusfEES' REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2020
b. Reserves policy
It 15 the policy of the charity that Un￿strirte￿ fvnds of £5,000 which have not been designated for a speclfi
use should be maintained at a level eqvivalent to between three and six month5. expenditure. The Trustees
consider that reserves at this level will ensure that. in the event of a significant drop in funding, they will be
able to ¢ontinue the charity'5 current activities while considerats'on 15 given to ways in which addltional funds
may be raised. This level of reserves has been maintained throughout the period.
struC￿￿e• 9overnance and m•hagtment
. Method5 of appointment or electlon of Trustees
The management of the company is the responsibility of the Trustees who are elected )nd co-opted under
the terms of the Memorandum of Association.
b. Oryanisational structure and decis40n-makln9 policies
The Trustees are appointed in accordance with the articles of )$50cation and make all major declsions of the
charlty.
None of the Trustees has any beneficial interest in the company. All of the Trustees are members of the
company and guarantee to contribute ÉS in the event of a witNlin9 UP.
The Trustees have assessed the major risks to which the company 15 exposed, and are satisfied that systems
are in place to mitl9ate exposure to the major risks.
Funds held 4$ custodian
No funds are held as a custodian.
Approved by order of the members of the board of Trustees on ar￿ signed on thelr behalf by..
NLHunt
Trustee
22 September 2021
Page 3

WE ARE FAMILY FOUNDATION
IA Company Itmited by guarantsel
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 DECEMBER 2020
Independent Examiner's report to the Trust•es of We Ar• Family Foundation {'the
tharity.)
I report to the charity Trustees on my examination of the accounts of the company for the year ended 31
December 2020.
RespoTh$ibilities and b•$4$ of report
As the Trustees of the company {and its dirertor5 for the purposes of company law) you are responsible for
the preparation of the accounts in accordance with the requirements of the Companres Act 2006 ('the 2006
Art').[ report in respert of my examination of the company's accounts tarried out under sertion 145 of the
Charities Art 2011 I'the 2011 Art'l. In carrying out my examination I have followed the Directions glven by
the Charity Commission under section 145{5){b) of the 2011 Art.
Independent Examiner's statement
Your attention is drawn to the fact that the charity has prepared the actounts in accordance with Accounting
and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their
accounts in accordance with the Financial Reporting Standard applicable the UK and Republic of Ireland
{FRS 1021 in prefe￿nce to the Accountin9 and Reporting by Charities.. Statement" of Recommended Practi
155ued on l April 2005 which is ￿ferred to in the extant regulations but has been withdrawn. l understand
that this has been done in order for the accounts to provide a true and fair view in accordance with the
Generally Accepted Accounting Practice effettive for reporting periods beginning on or after l January 2015.
I have completed my examination. I confirm that no matters have come to my attention in connection wlth
the exarnination giving me cause to believe that in any material respert=
accounting records were not kept in respert of the company as requlred by sectiot) 386 of the 2006
Art; or
the accounts do not accord with those records- or
the accounts do not comply with the accounting requiremerbts of sertion 396 of the 2006 Act other
than any requirement that the accounts 9ive a 'true and fairf view which is not a matter conside￿d as
part of an independent examination. or
I have no toncerns and have come across no other matters in connertion with the examination to which
attention should be drawn in this ￿pOrt in order to enable a proper understanding of the accounts to be
reached.
Use of our report
This report is made solely to the charity's Trustees, as a body, in accordance with Part 4 of the Charities
(Accounts and Reports) Regulations 2008. My work has been untlertaken so that I might state to the
charity's Trustees those matters l am required to state to them in an Independent Examiner'5 report and for
no other purpose. To the fullest extent pemiitted tsy law. I do not accept or assume responsibility to anyone
other than the company and the charity's Trustees as a body. for my work or for this report.
Richard Gilbert
For arbd on behalf of
SRLV Audit Limited
Chartered Accountants
Elsley Court
20-22 Great Titchfield Street
London WIW 88E
£duJ
23 September 2021
Page 4

WE ARE FAMILY FOUNDATION
(A company limited by guarantsel .
STATEMENT OF FINANCIAL ACTivrrIES INCORPORATING
ZNCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2020
Unrestricted
fuo)ds
2020
Total
funds
2020
Total
funds
2019
Note
Income from..
Donations and lega¢ies
211.816
211,816
116,121
Totsl income
Expendithre on:
Charitable activites
211,816
211,816
116,121
266.994
6,426
266,994
6,426
30,329
13,728
Support costs
Total •xpenditure
273.420
273.420
44,057
Net rnovement In funds
RKonciliation ot funds:
Total funds brought forward
Net movement In funds
(61.604)
{61,604)
72,064
87.064
(61,604)
87,064
(61,604)
15.000
72,064
Totsl fund$ carried loThYard
25.460
25,460
87,064
The notes on pages 7 to 11 form part of these finanoal statements.
Page 5

WE ARE FAMILY FOUNDATION
. (A company limited by guarantee}
REGlStERED NUMBER: 08834979
BALANCE SHEET
AS AT 31 DECEMBER 2020
2020
2019
Note
Currenl assets
Cash at bank and in hand
57,868
109,310
57,868
109,310
Creditor5- amounts fallin9 due within one
year
{32.408)
(22,2461
Net currènt assets
25,460
87,064
Totsl assets less current Ilabllities
25.460
87,064
Total net assets
25,460
87,064
Charity funds
Restricted fvnds
Unrestricted funds
25,460
87,064
Total funds
25,460
87,064
The company was entitled to exemption from audit under settion 477 of the Companles Act 2006.
The members have not required the company to obtain an audit for the year in question in accordance with
section 476 of Companies Act 2006.
The Trustee5 acknowledge their responsibilities for complying with the requirements of the Act with respert
to accounting records and preparation of financial statements.
The financial statements have been p￿Pared in accordance with the provislons applicable to entities subjert
to the 5rnall companles regime.
The
financial
statements
and signed on their behalf by:
were
approved and authodsed for
issue
by the Trustees
on
N L Hunt {Trusteej
22 Seplernber 2021
Page 6

WE ARE FAMILY FOUNDATION
IA company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2020
Accourbtln9 policie5
1.1 Basls of preparation of fin•nciwl statements
The financial statements have been prepared in accordance with the Chèrities SORP {FRS 1021
Accounting and Reporting by Charities.. Statement of Recommended Practice applScable to
cha￿tIeS preparing their accounts in accordance with the Financial Reporting Standard applicable
in the UK and Republic of Ireland IFRS 1021 {effertive l January 20191. the Financial Reporting
Standard applicable in the UK and Republic of Ireland (FRS 1021 and the Companies Act 2006.
We Are Famlly Foundation rneetg the definition of a public benefit entity under FRS 102. Assets
and liabilities are initially recognised at histortcal cost or transartion value unless otherwise
stated in the ￿levant accounting pollcy.
1.2 Company status
The cornparby is a cornpany limited by guarantee. The mernber5 of the company are the Trustee5
nametj on page l. In the event of the company being wound up. the liability In respect of the
guarantee is limited to £S per member of the company.
1.3 Income
All Income Is recognised once the company has entitlement to the income. It Is probable that the
income wlll be received and the amount of income receivable can be measured reliably.
1.4 Expendlture
Expenditure is recogni5ed once there is a legal or constrvrtive obligation to transfer economic
benefit to a third party, it is probable that a transfer of economic benefits will be required in
settlement and the amount of the obligation tan be measured reliably. Expenditure is classified
by activity. The Costs of each attivity are made up of the total of direct Costs and shared costs,
including support costs involved in undertaking eath activity- Dirert costs attributable to a sSn9le
actSvity are allocated direttiy to that artivity. Shared costs which contribute to more than one
activity and support costs whith are not attributable to a single actlvity are apportloned between
those activities on a basis corbsistent with the use of resources. Central staff costs are allocated
on the basis of tome spent. and depreciation char9es allocated on the portion of the asset's use.
Expenditure on charitable attivities is inoJrretd on directly undertaking the actlvlties which fvrther
the company's objectives, as well as any associated 5UPPOrt costs.
1.5 Cash at bank and In hand
Cash at bank and in hand indudes cash and short-term highly liquid investments with a short
maturity of three months or le55 from the date of acquisition or opening of the deposlt or similar
account.
Page 7

WE ARE FAMILY FOUNDATION
{A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2020
Accounting pollcies (continued)
1.6 Liabilities and provisions
Liabilitie5 are recognised when there is an obligatKJn at the balance sheet date as a result of a
past event, it is probable that a transfer of economic benefit will be required in settlement, and
the amourbt of the settlement can be estsmated reliably.
Liabilities are recognised at the amount that the company anticipates it will pay to settle the debt
or the amount it has received as advanced payments for the goods or services it must provide.
Provlsions are measu￿￿ at the best estimate of the amounts requireij to settle the obligation.
Where the effett of the tiwne value of money is material, the provisbon is based on the present
value of those arnounts, discounted at the pre-tax discount rate that reflects the risks specific to
the 1SabS1ity. The unwinding of the discount is recognised withln interest payable and similar
charges.
1.7 Financial irbStNments
The compèny only has financial assets and finanoal liabilities of a kind that qtlalify as basic
financial instruments. Basic financial instwments are initially recognised at transattion value and
subsequently measured at their settlement value with the exception of bank loans which are
subsequently measured at amort15ed Cost using the effertive interest method.
1.8 Fund accounting
General funds are unrestritted funds which are available for use at the discretion of the Trustees
n furtherance of the general objectives of the company and which have not been designated for
other purposes.
Page 8

WE ARE FAMILY FOUNDATION
IA company limit•d by guarnntee)
NOTES TO THE FINANCZAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2020
Income from donatlons
Vnre$trlrted
Total
funds
funds
31112120 31112120
Donations
211.816
211,816
Unrestricted
funds
31112119
Total
funds
31112119
Donations
116.121
116,121
Net income / {expenditur•)
During the year. no Trustee received any remunerntion, benefits in kind or reimbursement of
expenses12019 - ENLL).
Expenditure on rabing lunds
Vnrestricttd
tunds
2020
Total
funds
2020
Other charitable activities
138,654
128,340
138,654
128,340
Donations to institutions
266,994
266,994
Page 9

WE ARE FAMILY FOUNDATION
IA company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2020
Expenditure on raising funds (continued)
{contlnued)
Unrestricted
funds
2019
Total
funds
2019
Other charitable athvities
3,397
26,932
3,397
26,932
Donatlons to institutions
30,329
30,329
Support costs
Unrestrirted
funds
1020
Total
funds
2020
Overheads ttssts
Governance costs
5,986
440
5,986
440
6,426
6,426
Unrestricted
funds
2019
Total
funds
2019
Overheads costs
Governance costs
11,982
1,746
11,982
1,746
13,728
13,726
Page ID

WE ARE FAMILY FOUNDATION
IA company limited.by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2020
Credltors: Amounts falllng due wlthin one year
2020
2019
other creditors
Actruals
22,918
9,490
17,746
4,500
32.408
22,246
Statement of funds
Balance at
31
December
2020
Balance at
l January
2020
Income Expenditure
Unrestrirted funds
General Funds - all ftjnds
87.064
211,816
(273.420)
25,460
Statement of fvnds - prior year
Balance at
31
December
2019
Balance at
l February
2019
Unrestricted funds
General Funds - all lunds
87.064
87.064
Related party transactions
A5 at the year end the company owed £22,918 (2019 - E17.746) to We Are Family USA. We Are
Family UK and We Are Family USA have three identical members on the board of trustees, N G
Rodgers, M A 8arondess and N L Hunt. This loan is interest free and repayable on demand.
Page 11