GIVINGFORCE FOUNDATION
ILlmlt•d by Gy•rJnte•l
Charlty No.. 1177839
Company No: 10845504
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 NOVEMBER 2021

GIVINGFORCE FOUNDATION
(Limited by Guarantso)
CONTENTS
Pag•
Tru8tee$' RoPQrt
Independent Examiners. Report
Staternent ol Fln8n¢lal Actlvlli88
Balanc8 Sheet
Notes to the Flnan¢ial $181?ments
7-10

GIVINGFORCE FOUNDATION
(Llmlted by Guarantee}
Trustogs Report
Thè eharity trustees present theirAnnual Report together with the Un&udited Fin8nc181 Statements for th8 year endod 30
NO￿rnber 2021. This reFK•rt IS 8180 a éSreclors' repcrft under 6234 of t1￿ Componles Act 2006.
REFERENCE AND ADMINISTRATIVE DETAILS
Ctynp4ny roglstratlon nurnbw.
Charlty Mol•tratlon numb•r.'
R•gl•tor•d Offlc•:
10845504 IEnql•nd and Wal￿)
1177839 (England and Wol•J)
10 Moore Klnolton Smlth
6th Floor. Charlotto Bulldlng
17 Gr￿9 Str•rt London
W1T1QL
Charlty Trn*t••* *nd M•mb•rn of th• Board
Th• charlly tru8tee8 who seTrad durlng the year w8r8 AS follows.,.
Davld Bond
Ejaz R&$hld
Ng¥r Aam
Reference in thi8 report and in lfiè lin8nclal 8t8tamants lo'lhe Iruste68' ar• r•feronce to the cha￿ty tru8tee8, who lor
rnpgny law purposès are the directors of Ihe charrtable eompany.
S•cr•tsry
Ma8im R&•hid
Acwunt•nt• •nd Indop•nd•nt Ex•mln•rn
cx)re KSngglon Smlth LLP
The Shipping Buildi
The Old vin￿ Factory
Blyth Road
Haye5
U83 1HA
MS OBJECTIVES OF ThE CMARfTY
The CharKy 1$ govomed by 11$ ArV¢l88 ol A58odatlon adopted on 30 June 2017.
Th? charity aims, for th8 publi¢ benefit lo promote the efflcknncy And effectsvenesg ol chariles Ihe effectNg use of
charllablè rèsources in particular bul not eX￿uSiV￿Y by the provlsion ol a p8yroll gI￿ng 6ervic• and thg prornotlon of
charllab16 g￿l￿g and volunteering.
The charity al80 aims lo a(Jvancè such charltsbl6 purwses as the ITUStee5 see fil from thmE to tim8 by the provlsion of
donations and other financial assislaneè.
Page 1

GIVINGFORCE FOUNDATION
(Limited by Guarantee)
BOARD OF TRUSTEES
Trustees Report
The Chanty may by ordinary resolution appoint a person who is willing to as a trustee erther lo fill a vacancy or as an
additional trustee. The maximum and minimum number of trustees shall be determined by the Charity, bui unless and
until so fixed there shall be no maximum number and the minimum number of trustees shall be fv￿.
New IN$lees wll be given individual training on the workings of the Charity as and when they are appolnted.
ACHIEVEMENTS AND PERFORMANCE
The Charity facilitated the dI8tribullon of over £700,000 of donations to 557 charib'es as a resutt of the Workplace Giving
Schemes il 8UPPOrt8,
The Charfly recorded £38,33112020'. £28.9441 in income and generated a deflGII of £28,73612020'. Surplus of £23,140).
RE8ERVES POLICY
The ch8rity'$ re$erve8 policy 18 lo enable the charty lo continuo 118 8lart up phase ￿thout further fund rai8ln9. The poI￿Y
wlll continue lo be revlewed over the coming years.
PLANS FOR THE FUTVRE
The Iruslees intend lo continue to grow the Chgrtly as mor& employers sign up to Workplace Giving Schemes.
PUBLIC BENEFIT
The tru8lee8 have lead and are mindful of the public benefil 81alemen18 188ued by the Chartly Commlssion and ￿ler lo
the guid8nce vthen considering aclivilies. The Iruslees considei that the public benefit requiremont 15 ampty mel by
virtue ol the wde fange of cause8 enablèd by the Charity's activity.
GOVERNING DOCUhlENT
The Charity18 8 charitable ￿MpanY Ilmited by guarantee, incorporated on 30 Junt 2017 and reg18lered 08 a chartty on
8 Aprll 2018. The company was established under a Memoranijum of Association which established the objectives and
p0￿r5 of the charrty and company and is govemed under its Articles ofA$8ocialion.
PRINCIPAL RISKS AND UNceRTAINTIE8 FACING THE CHARITY
The followng rfsks have been considered by the trust￿..
Th? charity receives financlal and adminislrallon support from GlvingForce Limited lo enable it lo continue Ils aclivilies.
The directors of GivingForce Limited have confirmed their intention lo continue to gUPPOrt Ihe charity for the forseeable
futufe.
The Iruslees regularly review the other M8ks faced by the chanty and belie￿ that there is a saligfaclory miligats'on of any
significant risk8.
Page 2

GIVINGFORCE FOUNDATION
(Llmlted by Guarantee)
Tn4Ste•s Report
STATEMENT OF TRUSTEES RESPONSIBILITIES
Tho tru8t885 are re4)onsible for preparlng th8 Tru818e6' Report and thè financial stal8mént8 in accordance with
applicabl8 law and Unlted KIngd(￿ AccounliThJ Siandards (UK Generally Aeeepted AC￿￿ntIng Praciicèl.
Cornpany law require8 the trvsl88s lo prepare linancial statèThnl8 lor each flnancial year. Under thai law fft• tru8tee8
hav8 8k8cled to prap8r8 ffte financlal stalemant3 in arxordance with Llnited Kingdom GenerAlly Acr8Pted Accounbng
Practice (United ￿.￿QdoM Aceounllng Standards an¢J applieable ￿WI. The linanciol yt818ments are required by law lo g￿8
a true and fair view ol th8 Stale ol attairs ol the charily and ol the incorne, 8xpendllure and f5nancial actIvIt￿9 01 lh8
charity for that perkJ(J. In pwparing the88 linandal stst*ment8, the tnJ8teas ara required to,,
Belecl suita￿0 ￿coun￿r0 polleiK Ihon apply th&m cong18ionYy',
cl)8erve the m&thod8 and principles In thè Ch8ritle8 SORP,.
rn8kg judgements antj astim&teB that are reasonAbl8 an¢J prudent.,
prepare lh8 flnAnclal 8taiements on the going concern basis unle8s 1118 Inappr(¥Jriaie lo pre8ume Ihai th•
ehadty ￿11 continue In fw8in•&ry.
The Iruste98 8re responsibl8 for kaè￿ry proper aecouniing record8 wh￿h dlsc109e vAth reaBonabla atturacy al any bm
tho tinanclal posMK)n of the char￿Y and lo ?n8ble Ihem lo en8ur8 thai the linanclal slat•m8nls comply with the Comp8nies
Act 2006. They are also ￿spOn81b1O tor saleguardlng the 888et8 01 the charity and hence lor taking reasonats￿ $18p9 for
the prevention 8nd tsleclon ol fraud and other Irr￿ularitI6B.
SMALL COMPANY PROVISIONS
ThlB report ha9 bgen prepared In gccordanc8 wlth the 9p8cS8l provisK)n8 ol Part 15 of th8 Companies Act 2CQ6 relaling to
gm911 ¢ompanle8.
On behdl of the Board ol Trust8•8
N•slm Ra•hld
relary
Date.. 22.08.22
P&3e 3

Indepondent Examingrs. Report to tha M•mbers of
GlvingForce Foundatlon
I rekXJrt on the accounts ol GivingForc8 FourK18tion for the year 8nded 30 Novembgr2021,
comprise the Staternent of Financi81 ActivIt￿$, 8818nce Sheet and relaled not88.
R•spoetlvo RMpon8lbllltl&s of Tru¥t•g• and Ex•mln•r
The eharty's trust889 (who are also the diredor6 of the company for the purposes of company lawl
8r8 respon61bla for the prepar8tK)n of th6 accounts. The ¢hariWs twstees consider that on audit is
not reguired for this yg8r undtrr seclion 144121 of the CharS118s Act 2011 (the 2011 Aeii and that an
independent examination is needeij. l am qu81ifi.ed lo undertake the eXaminat￿)n by being a
qualif￿ m8rnb8r ol lh8 A88oeiatK>n of Chartered CerUfSed A¢￿u￿￿n1s.
Havino satisfied my$eN that the charity is not 8ublect lo audlt undèr company Law and Is Èl¥Ji￿9 for
Indep8n¢Jenl examination, it is my responslbility lo..
examin8 the accounts under section 145 01 Iha 2011 Act.,
to follow the proc8dur98 laid tjown in ihe G8ner81 DireclKJn8 glv•n by the Charlty
Commis8ion under soction 14515llbl of tho 2011 Act,. and
10 8t8t8 whether particular mbiief8 hpvg come to my 8tt&nts'on.
B••l• ol Ind•￿ndont examln•rf• R•port
y oxamin8lion w89 carried out In 8(xord8nce the G•naral Oirectlon6 glven by the Ch¥rily
Commlssion. An èxAmln81ion Includes a review of the accounting record8 k8Pt by the charity And 8
comparison of the accounts P￿88￿[9d with those records. 11 also ineludes consldei8tion of pny
unusual rtems or d18c105ure3 in the acctyjnls, 8nd segking explanallon Irorn you aB Iwstees
concèrning any such malt8rn. The procedur89 undertoken do nol provide all the avid$nt8 thBI
would bg roquired In an audll and consequ8ntly Tho opinion is gfven 88 to whgther the accnunls
pre8gnl a'trua and fair vi•￿ and the report Is Ilmilad to th089 rnatlws 881 oul In Ihg 8ts1emgnt
below.
Ind•p•nd•nt Ex•mln•¢• Stat•mo
In 8c¢ordance vlth my èxbminatw. no rn&tt8r has come lo my altentlon-.
whi¢h give8 me reasonhble cau58 tr) belleve th&1 in any material re6pecl th6
requirem8nl# to keep accounllno rocords in 8ccordance with 8ectvJn 386 01 th8
Cornpanle6 Act 2006., and
. to keep aectsunling wcords In accordance with 8gdon 386 cf the Compan188 Acl
2006.. an(1
. to preparè &cwunl8 whlch accord wllh the 8rLountlng records, compty wilh the
accounting requirem8nts of section 396 oltha Cornpanies Act 2CQ6 and with the
rnelhods 8nd pnnciplos of Iha Staternenl ol Recommandeij PractKe.' Accounting 8nd
Reporting by Charitigs
have not been m8t.' or
lo whlch, in my opinion. attents'on sh￿￿4 be drown in order to enable a proper
understanding ol the ac£ounlB to b8 r8achgd.
121
Dale.. 26.08.2022
The Shipping 8uilding
Tha Old Vinyl Factory
Blyth Road
Hayes. U83 1 HA
Nlck Wlnl•rn
For and on behalf of Moor• Klngèton 8mlth LLP
P8ge 4

GIVINGFORCE FOUNDATK)N
(Limited by Guarantee)
Statgment of Flnanclal Activities
for the year ended 30 November 2021
Unre8lrlct•d R•*trf¢¢•d
Fund
Fund•
Tot•1 2021
Tolil 2020
Notb
Incom• and •ndowm•nts from..
Donations
Qlhor 8¢t1V￿
38,331
38,331
26,944
Tot•1 Inc¢>m•
38,331
38.331
28.944
E¥p•ndltsJr• on..
Chorlt8blo 8Gllvhles
Monagerrnnl and 8dmSnl8tr81
88,837
88,837
3,804
Total Exp•ndltur•
66,837
68,837
3.804
Ngt Incorn•ll•Jtp•fidttur•l for ih• ymr
130,5061
130.5061
23,140
Transfer be￿88n luTh¥8
N•t mo¥•mvnt In fund•
130,5th81
130,5061
23,14D
Fund b•lanc•B brought fovAT•rd
23,171
785
23,956
816
Fund b•lirK•• CArrl•d forw•rd
14
17.3351
785
16,$801
23.956
I tr8n6octions are derlved from conllnulng aGtivltleB.
There Bre no gains or los$e$ for the year olher than those re¢ogn18trd kn Ihe Stal8m8nl of
Fln8ndo1 A￿￿1188,
PagB 5

GIVINGFORCE FOUNDATION
ILlmitsd by Guarantee)
Balance Sheet
A8 at 30 November 2021
2020
CURREKf AsseTS
Debtors
Cash at bank a￿1 in hand
10
g,136
359,172
18.863
27],￿9
366,308
292,772
CREDtTORS
Amounts falling due ￿thirt ono ygar
11
1372.3581
1220,4831
NET CURRENT ASSETS
4.050
72,289
CREDITORS
Amounig fAlling due after more than one y•& 12
12,5001
148,3331
NET ASSETS
16,5501
23,956
Fund•
Aestrictéd
Unrestricted
14
785
17,3351
785
23,171
Tot•1 Fund•
16.5501
23,958
For tho linan¢l&l year ended 30 November 2021 thè compAnywa8 entitled to exemptkjn from audit under
8ecllon 477 01 tha Companiès Aet 2006 relating ￿ Small compani98. The mernbe￿ have not required tho
eompany lo ot)tain an audit In accordarte with 8Klion 476 of the Compan1￿ Aet 2006.
Thè Iru$ièes acKnow￿dge their reswn8ibi15ty lor comptying ￿th tha requirements ol Ihe Act wllh re4xct lo
aCcoun￿'n9 i¢cords and lor the preparation ol aecounis.
These linartial sla18m8nls have been prepared In accordancè wlh the provisK)n8 aFplicable to companlos
sublad lo the Brnall companies regimè.
Th888 linanclal statsmonls w8r8 &PFxoved and aullKJrfsed for Issue by the Board ol Trusiges on 22.08.22
and signed on their behaw by..
z Ra•hld
en*•r ottha Board ot Tiu$t¢•8
Compary Regl•tr•tlon Nurnb•r: 10e45504 (England antl W•lul
Pagg 6

GIVINGFORCE FOUNDATION
(Llmlted by Guarant#•)
Notes to the Finanrlal Statements
for the year endèd 30 November 2021
1 Accountlng Pollel
•) Accountlng Conv•ntk+n
The linancial slatem8n15 have bèen prepared In accordance wilh the Flnanclal Reporting Sland8rd applicable
In the UK and Republic of Ireland IFRS 1021. The Charitabl& Company are 8 public beneftt entity for thè
purposas of FRS 102 and the￿lOr8 Ihe Charity 81w preparod ils financ181 st&lements in accord8nc8 wth the
Stslem8nl of Recommpnded Practic8 8ppIic8ble lo charllias pr6p&rirva their accounts in accordance ￿th the
Financial Reporting S18ndgr¢ applicable in the UK and Republic of Ireland ITh8 FRS 102 Charities SORPI,
th8 Companles Act 2006 And Ihe ch8rits.es Act 2011.
Th8 flnan¢i818t8lements ore prepared in st8rting. which Is the lunc1K)￿l eurr8ncy of the company. Mon•t#ry
amounts in Ihe88 flnancial 8tBlements are round8d lo the ne8re8t ￿und.
The occounls have bean prepared U￿er the hislorkol ¢osl ¢onvgnlion.
bl Goln9 conc•m
These Ilnaneio18taterneThls are prepar￿ on tha goin9 concern basi9. The tru8teg8 h8ve 88se8Jed th8
charity's obility to continue a5 a going concem and have contyldered p0$8ible events or condillonts thai nii9hl
easl significant doubl on the abilily of the chaiily to conlinue as a going cone8m. The trustees have mad8 thi8
86se88ment lor a p•rk)d of 8t18881 one year from tho dBIg of Ihe approv&1 of these fin8nci81818t8m8nt6. The
charity hqs made a deflcil lor Ihe year gf £28,736, nel Iiat)iltile6 of £4,780 and cash b8lance of £359.f 72. The
Iru8leos •¥blu8t8d thg impact on the charity. In particular the Iruslee8 have consldergd the charity's forecas18
end projection8. and ball8va that the ¢harily wll bg abla lo eonlinu? ils 8cts¥itle8 and meet ils liabiliti88 88 they
fall du& for a portoil of at least tymlve months frorn thg dale ol approv81 ol thè finana818tstements.
cl Incom•
Thè ch8rily acts as an 8g6nl ctrordinaling the raising and ¢Jistribuiing ¢fdon8tlon8 from afflpkJya88 and
omployers lo ¢harilieB. The donallons proc88sèd on behatf of indlvKluals And ernployer8 are not recognl88d
In the Slalement of fin&nual Aclivits'es
All fee &nd donAlloni in￿)me19 recognlsod onea the charity h8s enlrtlernent to the inwrne, 11 is PrOba￿e Ihal
the Income ￿11 be rac8w•d And the amount of Income recelv8ble can be measured ￿lIablY.
Admlnlslrative fee6 are reccgnlged on 8n Éctruals b8618.
dl Expendlture
Expendllwg 18 xccounled for on an accru818 tsa5i¥ gnd is in¢lusNe of VAT.
Ch8ri18ble 8clivilies Indudes donat￿n$ payable whlch are charged in lh8 yèar bvhen the offer Is conv8y8d to
the reclpiènl, except wh8re the offer is subject to conditions, such grants being recognisod as expendilure
vknen the condSts'ong ara fuifilléé.
Govemanc$ ¢08t8 are those as80clalad with thg coTh8Utulional and statutory r8quir8m8Thts 01 runnivJ
Charity.
•) FI￿nCIlI InBtrum•nt#
Cash and rash equNalen15 includ8 cash in hand and depo￿tS held ht ￿11 ￿th banks.
P￿e7

GIVINGFORCE FOUNDATION
(Llmlted by Guarantee)
Notgs to the Flnanclal Statemonts
for thg year ended 30 Novembar 2021
1 A￿0￿￿tIl￿ Policle• Icontlnu•dl
Debtors and crgditors recèivBb18 or payabla within one y88r of the reiKJrting d8t8 8r¢ canied al their
transaction price.
fj Crftical J¢¢ountlng 8Stlma¢e8 and aroa• of ludg•m•nt
In the view of the Ifuslees in applying the acL*)unlino rx)licla$ èdopled. rKJludgem8nts were requlrgd that have
Significant èllèci on the amount¥ recognised In thÈ financiol stslementB, nor do any esUm8t88 or
assumpt￿n8 made carry 8 8wJniflcant of rnat8ri81 adlu8tmenl in the next f nancial year.
2 Incom•
Unrg•trlGt•d
Fund•
R••trf¢l•d
Fund•
Total 2021
Tol•l 2020
DonhlKJn8
Other •ctl¥lti
Administrative I•èB
38.331
38,331
26,944
38 331
3 Exp•ndltur• on charlt4bl• a¢tl7AtI••
R060urc88 •xF•nded have boeft 8lbcate¢ on 8 b0818 con61816nt with the u86 ol rag￿re#s.
Charft•blo •ctlvltl••
Unr••trlct•d
Fund•
R•strlct•d
Fund•
Tot•1 2020
Totol 2019
DonBtk)n8
Manwmènl end 8dminlstrallon
68,837
88.637
3,804
4 Dt)no¢lon•
The charity provide¢ donaiions to o number ol inslltuttons In furtherance ol its ch8ri18ble objeeti￿$. These
donabons Wtre rnade to 55712020.. 5571 dlffar8nt InstilulKJns selected by the provld8rJ of the re8lrfclad lund8.
Page 8

GIVINGFORCE FOUNDATION
(Limited by Guarantee)
Notes to the Financial Statements
for the year ended 30 Novomber 2021
Unrostrictod
Rèstrictsd
Funds
Funds
5 Manag•ment •nd admini•tratlon
Total 2021
Total 2020
Staff c08ts
Congtruclion industy cos18
Recruilmenl expenses
Subscripts'ons
Insurance
Bank charges
Printing. po$tage and 8ts1ionery
Loys on foreign exchange
Sundry
Govemance costs..
Leg81 and professional feeB
Accountancy fees
26.589
20
26,589
20
1,587
53
12
13,700
136
5.784
373
269
62
13,700
136
5,784
373
269
62
1,816
308
15
19,864
2,040
19,864
2.040
13
O Tru$to08 r•mun•rAtlon and rnlat•d p•rty tr•n•actlon•
None of the trLtslge8 received any remuneratson or reimbursed expenses.
Ejaz Rayhld wa8 a trustee during the yeaf and a director ol GivingForce LIm￿ed. GlvlngForce Limited has
historically paid other external costs of GivingForce Foundation for the year. eslimaled lo be £nil {2020'.
£1,800).
7 Taxatlon
AS a charity, GiwngForce Foundation is exempl from United Klngdom Corporation Tax undei the Corporation
Tax Act 2010 and may recover income lax deducted from Ils investment Incorne.
8 K•y m•n•gem•nt p•r8onng1
The key management per80nnel were the tru81ee8 of Iht Char￿Y.
9 Staff Colts
Delai18 of p81d employee? for the ye8r were a8 follows..
2021
2020
Gross wage8 and Salaries
Social security costs
Pension cosly
25,875
1,587
714
26,589
1,587
The average number of persons employed by the charity during the year was 1 12020.. 11. There were no
employees that received employee benefits above £60,000.
10 O•btor3
2021
2020
Trade debtors
A￿rUe￿ income
3,490
5,646
9.136
18,863
18,863
Page 9

GIVINGFORCE FOUNDATION
(Llmltod by Guarantee)
Notes to th• Financlal Statemonts
for the year èndod 30 November 2021
11 Cr•dltor8-. Amount fjlllng du• wlthln on• y•ar
2021
2020
Unrestricted funds
Trade creditors
Bdnk198n
Olher tgX8tion and 80cial securi*y
Aetrua18
356,982
136
12.500
7DO
2,040
372,358
218,612
1,867
204
220 483
12 Cr•dltor•'. *4nount fallln9 du• •ft•r mor• than on• yo•r
2021
2020
Bank loan
2.500
48,333
2,500
Th8 bènk loan 18 payable by in*glrnent8 over 6 ywrg ai a rate of Inl8r88t 012.5% per annum.
13 8h•r• c•pltal
Th8 chadty 18 limit8d by guarantee and thereforé doès not have a 8h8r8 capital. The Ilabillty or the m8mber818
Ilmlt8d lo tha $urn of £10 per m8mbèr.
14 Fwnd•
2021
2020
R•$trkisd
Unrestrlcted 9on8ral
785
17,3351
785
23.171
Net fvnds
23,956
ReBtd¢ted fundg consiit of dJn&lwJn8 rec*N•fl with spec5fic instruclon$ 88 to where the funds shoukl be
spent.
Currgnl
assèts
Curr8nt
Non-current
Total
Unre81rfcted Gèneral
ReStr￿ted
367,523
785
1372,358
12,5¢X)I
17.335}
785
368,308
372,358
2.500
6,550
Page 10