Charity number: 1189626 ## BE THE EARTH FOUNDATION ## UNAUDITED TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 BAGINSKY COHEN CHARTERED ACCOUNTANTS BE THE EARTH FOUNDATION ## CONTENTS ||Page| |---|---| |Reference and administrative details of the Charity, its Trustees and advisers|1| |Trustees' report|2 - 42| |Trustees' responsibilities statement|43| |Independent examiner's report|44| |Statement of financial activities|45| |Balance sheet|46| |Notes to the financial statements|47 - 55| BE THE EARTH FOUNDATION REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2021 Trustees S TABATZNIK, Chair R STRENGEROWSKI A MYERS Charity registered number 1189626 Principal address 7 CAVENDISH SQUARE LONDON W1G 0PE Accountants BAGINSKY COHEN CHARTERED ACCOUNTANTS 930 HIGH ROAD LONDON N12 9RT Website www.betheearth.foundation Page 1 BE THE EARTH FOUNDATION TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2021 The Trustees present their annual report together with the financial statements of Be The Earth Foundation for the year 1 January 2021 to 31 December 2021. ## OBJECTIVES AND ACTIVITIES ## Overview Be The Earth Foundation (BTE) is a UK based foundation that combines impact investing and philanthropy for a world that nurtures all beings. BTE provides funding and opportunities for people, programmes and places that are creating resilient solutions for our regenerative future, focused on earth protection, regenerative agriculture and wellbeing. In its early stages of development, practice and learnings, BTE's strategy has been in constant improvement and particularly in 2021, the foundation supported a wider variety of partners, focusing on creating systemic collaboration. In 2021 BTE provided support and opportunities for collaboration for a wider range of projects, organisations and individuals described in this report. We work in unison with our subsidiary Be The Earth Investments Limited which is a social enterprise that provides flexible funding and investment to impact focused businesses. Using a circular financing model, all profits are reinvested, allocated to philanthropic partnerships or to leveraging non-financial resources of our network of key collaborators. In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'. Page 2 BE THE EARTH FOUNDATION TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 ## Strategies for achieving objectives ## HOW Our strategy constantly improves, informed by learning and reflection upon both our achievements and mistakes, collectively. We believe that trust, reciprocity and shared power are key to structural change. In that sense, some initial concepts of an Emergent Strategy , as postulated in the book of the same name by Adrienne Maree Brown, began to be explored by BTE as strategic practices to achieve our mission. For an Emergent Strategy, we held the concept of being responsive to life and oriented by intention at the same time . During the year of 2021, Be The Earth refined an understanding of its mission: strengthening local and regenerative ecosystems that nurture all beings . It was clear enough, harvesting from the learnings of 2020's experimental rounds that the combination of different forms of capital, on a relationship based approach was potentially an impactful format to run our activities, both in philanthropy and social investment areas. In 2021 we developed a greater understanding of how financial capital - when offered in combination with social, cultural, knowledge and spiritual forms of investment - can catalyse systems change that is necessary for planetary regeneration in this day and age. Inspired by fungal networks , we have observed the paradigm of reciprocity in all relationships, knowing that the whole is greater than the sum of its parts. Thus we have constantly looked for opportunities to further collaboration between key-stakeholders of the regenerative futures we believe possible. We have taken steps forward into refining and implementing the PPPP framework, our first strategic plan, as described below. Page 3 BE THE EARTH FOUNDATION TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 ## People These are the individuals and organisations that are the drivers of planetary regeneration through connecting, creating and collaborating with the human and non-human world. We have identified that Farmers, Women, Indigenous Peoples, Activists, Wealth Holders and Entrepreneurs (along with the organisations they build and represent) are the key stakeholder groups of the movement for regenerative economies that BTE wishes to strengthen. We divided our budget allocations within "People" according to the following: Pooled Funding, Blooming Initiative, Learn By Doing and Gifts. Page 4 BE THE EARTH FOUNDATION TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 People - Pooled Funding : Money + Time + Knowledge invested in collaboration with other aligned funders, influencing more capital, building relationships and igniting more systemic change. In 2021 BTE established that the partnerships under "Pooled Funding" are intended to be longer term partnerships (3 to 5 years). ## Pooled Funding Activities in 2021 ## Fundo Casa - Brazil In collaboration with a wider network of european and north american funders interested in supporting the protection and development of indigenous rights, Be The Earth supported Fundo Casa, a Brazilian organisation that is an active part of the wider global movement for regeneration through supporting grassroots groups and environmental protectors with a systemic approach . They identify key nodes that need support - financial and more - to unlock change through social justice and environmental protection and restoration. Fundo Casa believes that small grants offered in large numbers to a multitude of community based groups, who are the main protectors of our planet’s important biomes, when placed strategically and with focus on mutual learning, true collaboration and trust, plays a big role in massively halting processes of environmental destruction and social injustice, while strengthening the threats of democratic and equity processes — thus seeding the future planet earth that all its inhabitants deserve. Page 5 BE THE EARTH FOUNDATION TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 People - Blooming Initiative : This is an emergent approach that offers microgrants (or seed funding) to selected grassroots movements combined with capacity building and elements of communications, within a 3 to 4 years timeframe. The intention is to establish their sustainable practices and make relevant connections to the wider network of funders and potential collaborators . The Blooming Initiative was established in 2021 systematisation and impact measurement for the following year to assess its success focused on creating resilience for grassroots movements and communities that are implementing prototypes of local, nature based, economic development. In 2021 we worked with 4 community projects in 3 different countries. - Amaqanda - ZA - Loop: Froome - UK - Família Chegados - BR - • Frente Alimenta - BR Image from Be The Earth's Blooming Webpage ## Blooming Initiative's Activities in 2021 ## Amaqanda - South Africa Based on principles found in nature, Philippi Village implemented a system that creates living environments that are harmonious, sustainable and productive, while greatly reducing the work and energy required to maintain them. Motivated by the vision of three brothers that live in the neighbouring community, Siyangena, an informal settlement, the project came to life in collaboration with BTE's Blooming Initiative, as a pioneering movement for social and environmental restoration . Amaqanda (chicken farm team) became a Learning Garden overnight, as the Page 6 BE THE EARTH FOUNDATION TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 team expanded their focus from being solely an egg business that aimed to rehabilitate landscapes, to instead being a platform where communities could learn, grow their own food and expand their skills through development programmes. By the end of 2021, the garden had witnessed different community members coming in to work and learn in the garden. Amaqanda is expanding their network of partners around the area, selling eggs to local small businesses while regenerating the soil and water systems on site. With the main goal of creating a rehabilitated thriving landscape that deeply connects humans with nature and their food’s natural cultivation. ## Frente Alimenta - Brazil Frente Alimenta is a grassroots project that creates collaboration within a vast network of activists, farmers, cooks, and community leaders to build models for food sovereignty in the complex city of São Paulo while addressing the urgent needs of people in hunger. It also offers a prototype of a resilient economy that focuses on clean, localised food and values the crucial roles of life care agents . In 2021 as part of Blooming Initiative they were supported by a planning consultant that helped them open new opportunities for financing and created their first their first institutional video. Alongside BTE's support, Frente Alimenta collaborates with the following organisations, donors and movements: - Instituto Kairós - a NGO in support of agroecology specially in São Paulo. Responsible for administrative - representation and strategic alliances, as well as contact with farmers. • Terra Viva - a commercial agent for a group of organic farmers in Sorocaba - SP that supplies Frente Alimenta with organic vegetables. - Associação de Agricultores da Zona Leste - an urban farmers association at the east region of São Paulo. Page 7 BE THE EARTH FOUNDATION TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 - Ivanhoe Cambridge - an individual donor that funded the increase of kitchen aids. They donated - R$ 80.000,00 for the 2021-2022 period. - Semente Oré - a network of social initiatives for impoverished communities that donates R$ 10.000,00 - monthly. - Amor Agradece - a network of women cooking and donating meals to homeless people, operating in their - own households. They were responsible for the indication of communitary kitchens they work with. ## Família Chegados - Brazil Família Chegados is a grassroots organisation that works to create access to knowledge, culture and various opportunities for the youth of their neighbourhood. Be the Earth supported Família Chegados for a second time in 2021, as part of the Blooming Initiative, providing them with an unrestricted grant, an institutional video, and a mentor who supported them with organisational development - from setting their goals, to defining their roles and projects. This support helped Família Chegados to run programmes for the community in the Jardim Margarida through Art, Culture, Knowledge, Community Autonomy, Self-Esteem Strengthening and Territory Revitalization. They host many different projects, co-created based on the desires of the "hood", including the following - Sarau Diz'Squina uses Hip Hop as a tool for community empowerment. The language and cultural - manifestations support the consolidation of identity self-development and the project invites the young to focus on "being" rather than "having". - Favela Fashion Dique is an event that reframes the approach of mainstream Fashion Weeks. - Bibliobank is in an experimental stage, working to create structures that promote a local currency to the - community. During the pandemics, a voucher scheme was started to encourage people to keep their expenses local, furthering family businesses and showing the importance of localised community support. Page 8 BE THE EARTH FOUNDATION TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 - Community Vegetable Gardens activities ranging from awareness raising, going through capacity building - and actually intervening in local spaces to manifest edible gardens, accessible to all. ## - Loop:Frome United Kingdom Loop:Frome came to life as a community-led initiative that wishes to co-create a new circular economy within Frome. To manifest this vision, in 2021 they have started to focus on soil regeneration as the grounding strategy. With a network of activists, communicators, experts and volunteers, they redirect previously lost nutrients through the transformation of food ‘waste’ into a complete living compost . With Be the Earth’s initial kickstart in 2021 they have set up and tested collecting food waste from a loyal group of customers and turning it into great compost. To date, they have collected and processed almost 10 tonnes of food waste from local businesses in Frome, preventing emissions of over 16 tonnes CO2e, using virtually zero fossil fuels in the process. Being a part of Blooming Initiative also supported them in building their website and developing their first institutional video. Alongside BTE's support, Loop:Frome collaborates with the following organisations, donors and movements: - Frome Town Council - provides space for their main operations. - Frome Medical Practice - secured funding for their own composters. - Riverhouse, Hamper, Ecohustler, Edventure, Lo Rapintec, Sweet Bee, Rye Bakery, Lungi Babas, Nook - - businesses they collect waste from. - Edventure - hosted the Startup course which got the project initially rolling. Page 9 BE THE EARTH FOUNDATION TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 People - Learn By Doing : Part of our yearly budget was allocated towards new opportunities for experimental funding, to people and organisations that abide by our general funding criteria. Strategically, grants offered under a Learn By Doing perspective, seek to build relationships with relevant stakeholders that are not necessarily connected to the wider network of BTE partners, but have the potential to catalyse change. These were experimental grants to widen opportunities still not explored by the other types of funding we do. ## Learn by Doing Activities in 202 1 Faz a Feira Page 10 BE THE EARTH FOUNDATION ## TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 ## Ashes of the Forest ## Dream Local ## Frocal Page 11 BE THE EARTH FOUNDATION TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 People - Gifts : BTE holds a specific line in the budget to offer immediate support in the form of micro grants for groups and communities dealing with challenges of climate change and access to resources, food, security or else. The Gifts at BTE are intended to remove the blocks of scarcity of underfunded groups. In 2021 BTE made 9 microgrants around the globe to the projects and people below. Full map. Page 12 BE THE EARTH FOUNDATION TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2021 United Kin8dom nvironmental runders Network tE c￿rtri1￿rted with ctxe funding En¥iror¥nentsl FundE Netsrnrk A U K-based ne￿Ork oi ioundatiors, family otlices and individual don0￿ 5L¢PPOltin8 environmental cau5Es. The¢r aim 15 to irKrease the amDuni of financial support lor environmental cau£e5 and lo improve its overall eftectiveness Chico C*1 Itaituba, Para- BR Chico Catitu, is a river bank dweller and a community leader who has a profoL¢nd knowledge of the forest. He forged the first alliar￿e betsveen riverine and Munduruku people to protect the forest. His fight for land rights put his life at risk. Be The Earth Contrik￿led with p￿la1 liveliTrMMMI C￿ts of MT. Ch￿0 in a mLYnent of crisi5. Indi8ernxE W(Ynen M￿h ato Gr05501 Bra5ilia- BR Be The Earth fwided trarsprff12tirm *id ￿ten*￿e for a dele8ation of 320 indigenous women from ihe state of Mato Grosso. to join the national articulation and protest in the federal capital of Brazil, the Second Indi8enou5 Women'5 March. 4HM¢RtA Nkn r The Healin8 l¢olE of Famin Freetown - Sierra Leone Be The Earth collaborated with part of the fun(k the trainin8 C(XX5e for aM￿rteeS. The project wishes to encoura8e rural people in Sieira Leone in pafticular ih05e disabled by the civtl war - to change the wav that they farm, thfough creating ripples of knowledge and of prxtical exper1er￿e of the benefits o( farmin8 in harmDny with nature. Page13 BE THE EARTH FOUNDATION TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2021 Aldeia S&J Fra￿￿0. Feijo - Acre BR Be The Ewth a donati￿ io the crowthjnding G￿pai￿ aiming io rebuild the ho￿￿ of the Huni Kuin indigenou5 people from the Sao Francisco village, and also ihe rebuild of the Txara Ranka Inu cenier, that ¥vere both affected by the Envira river floo(&. Librwy at Pilts- Cubatao, Santos - BR Be The Supp￿ed the crowdtunding Campai￿ lo set up a publ crrfnmunitxian libr￿ in the Pilo￿ neithbourhood. The library, built in a coniainer, was idealised by Ihe local communiry, wilh the suppori of individuals and organisations such as the f los Institute. The neighbourhood around 500 familie5. I01311ing almost 2,000 re5idenr5, and continues to dream of iinprovements in its basic infr&tructure. •TA Ken￿ P&&ints Lea&￿e. Nairobi. Kenya Kenyan Pe&ants League IKPU is a S￿la1 movement of Kenyark Pe&¥ant farmers, fisherfolk, p3510ralisrs and consumers, wh(￿e main aim is to promole smallholder farmer agroecology and resist neoliberal politi￿ that threaten local agriculture. Thi5 is done by conducting political educalion. people's r￿earCh, technical training, and national advocw. BTE'S for KPL ￿ directed to core fvnding. Mulwa és, Arn￿Onia BR Be The Eth 5UPPOrted io set up a thnikaising (￿line canpai8D with Welight as a partner and donaied to thatsame campaign. We also Sponsored a videoiase for the Mutuca Community to share their progress in defending their land livelihoods. Page 14 BE THE EARTH FOUNDATION TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 ## Programmes Programmes at Be The Earth are tailor-made journeys, bound to time, of holistic development for relevant people and their communities that together can generate positive outcomes for the planet . We create and manage our own programmes, in collaboration with experienced mentors and practitioners working with shared values of trust, feminine governance and regenerative practices. Selected fellows are primarily women that are working first and foremost in the realm of ancestral knowledge, community building, food and farming and wellbeing. In 2021 our programmes combined financial support, spiritual development and capacity and relationship building . Fellows are accompanied by BTE's team through the entire programme, holding space and creating the needed structure for advancing community leaders and activists skills and resilience. All BTE programmes have a creative commons methodology and aim to inspire the wider network of funders to experiment with trust-based philanthropy. In 2021 our programmes focused particularly on women, focusing on exploring the concepts of women-led change. ## Programmes - Flow Funding : Flow Funding is a programme that shares power with experienced activists and visionary leaders who choose autonomously from intuition how philanthropic funds should be invested . It was originally created by Marion Weber, the fourth generation of a traditional family of philanthropists, who refuted traditional models and chose to put trust and affection at the centre of all her work. This approach aims to diminish bureaucracy while decentralising decision making regarding the use of resources, inspiring more wealth holders to value the power of story and human connections. Be The Earth has built upon the first year of the programme (2020) and during the course of 2021 started the second cycle of Flow Funding. Page 15 BE THE EARTH FOUNDATION TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 ## Flow Funding Activities in 2021 Nine Flow Funders were chosen , three in each of BTE's main geographies of work. Flow Funding held consistent moments of connection and feedback where activists shared their stories and challenges as part of the programme. During these bimonthly online meetings, facilitated by BTE's team, the foundation also offered workshops and practices that range from storytelling to self care, working towards building resilience for activists that are typically hiper exposed to climate anxiety and emotional pressure. Beyond the amount allocated for disbursement as charitable donations, the activists also receive a stipend in recognition for the time and knowledge they invest in participating on BTE's Flow Funding. Page 16 BE THE EARTH FOUNDATION TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 In 2021 Jyoti chose to redirect funds to the BPOC growers grants in the UK, through Land in our Names Community Project. Her choice helped to provide tools and skills for people of colour to enter regenerative farming. Page 17 BE THE EARTH FOUNDATION TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 One of the projects Dee chose to support as a Flow Funder was the The Alliance of Rural Communities of Trinidad and Tobago including the Chocolate Rebellion's Sustainability, Accountability and Community Centre, an organisation that ensures wealth distribution and environmentally sustainable income generation for financially excluded rural Caribbean communities. Page 18 BE THE EARTH FOUNDATION TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 One of the projects Ruby chose to support in 2021 was Boskos Mother Garden, a group of passionate women community members and farmers growing an indigenous and wild food and medicine garden at the Ocean View Organic Farm in Cape Town. The funds received have been used to bring the community together, to learn new skills together, and to grow for the community. Money was used as seed funding to accelerate the buying of parent stock to propagate from and to hold a series of training sessions on things like propagation and conscious harvesting. Funding has also gone towards building the infrastructure needed in the nursery to save, store and produce seed by family and genus. Equipment bought included a greenhouse for seed production. Page 19 BE THE EARTH FOUNDATION TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 ## Flow Funders in Brazil: Daniele used part of her funding to support the creation of a food sovereignty programme for vulnerable students at the Technical College of the Federal Rural University of Rio de Janeiro, within the Food and Beverage in Hospitality course. With a multidisciplinary team, she developed affordable recipes based on foraging and local agriculture, influencing the course's curriculum for agroecological practices, and guaranteeing nutritional security for students during the pandemics. Page 20 BE THE EARTH FOUNDATION TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 With part of her funds Aline supported a young indigenous activist who has been working as a native seeds collector for forest recovery at Parque do Xingu for the past decade. Oreme Ikpeng is also a graduate in Forest Engineering at Federal University of São Carlos, and the funds were geared to support his studying costs. Page 21 BE THE EARTH FOUNDATION TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 Raquel is in her second year as a Flow Funder and amongst other donations she chose to support Associação de Mulheres Mãe Venina do Quilombo do Curiaú (AMMVQC), the first quilombola women organisation in Brazil, state of Amapá, in the Amazon Rainforest. The association provides economic opportunities to women through conservation of forests and culture. The funds were used to support accounting and tax regularisation of the association, making it possible that the association remains standing and able to receive further funding, which was not possible prior to Raquel's nodal intervention. Page 22 BE THE EARTH FOUNDATION TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 ## Flow Funders in South Africa: One of Jess's choices was to support the The Fisher Child Project which seeks to support children from the Kalk Bay community to foster a love for and learn what it means to be true custodians of the sea, just as their ancestors were. These funds were used to purchase diving equipment to 10 children and provide training and certificates to two youth leaders. Page 23 BE THE EARTH FOUNDATION TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 In 2021 amongst other direct donations, Vuyo supported the work of local Cape Town Activist Noxolo Mtumtum. She is the leader of a local movement that feeds and upskills youth who are poverty-stricken, dejected disabled children and elderly with creative gardening as a source of ongoing food supply and tending to the dejected disabled children and elderly. Page 24 BE THE EARTH FOUNDATION TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2021 PAEhra is currently the CEO of Philippi Village. an integrated community d￿lOpment hub that f(X￿e5 on ernpo¥vering I￿al entrepreneurs with the opportunity to seek personal aid oror)omic development. ￿hra is a community development specialist and h& worked rc65 the continent in countrie5 like Ghana, Keny4 Cameroon. and South Africa. Her eXperIe￿e in the development secior itKludes working with standard Chartèred Bank and trieir global iniliati￿ Seeing is Believin& CBM, UN OCHA Iunited NatiorG Office for the Coordination of Humanitarian Affairs), and Ri8ht io Sight Internarional. She was one 01 100 young South African leade￿ selected to the Prestigio￿ Mail & Gtjardian Mzanzi Top 100 list, and is the winner of the PO￿*r Woman of the Year award in Innovation. Page 25 BE THE EARTH FOUNDATION TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 ## Programmes - Aura Fellowship: Aura Fellowship supports women, whose amazing contributions to Earth and our regenerative future are overlooked by capitalism and thus conventional philanthropy. Established as a pilot in 2020, this programme gained traction in 2021 still under the challenges posed by the pandemics and was fully managed online. Throughout the year, there were plenty of opportunities to explore a cutting edge methodology for philanthropic programmes, inspired in the ancient technology of women's circles. ## Aura Fellowship Activities in 2021 The fellowship combined financial support in the form of stipends to honour fellow's dedicated time to the programme, with tailored mentorships focused on building inner resilience and connection to the human world and at the same time, capacity building to create sustainability around their livelihoods. Each fellow took three different mentorship during the year of 2021. Aura also offered professional guidance by the programme's facilitators (midwives), experts in holding womens circles. They met with the entire group monthly (new moon sessions) to promote connection and collaboration on a deeper level as well as support women's transformative journey. Page 26 BE THE EARTH FOUNDATION TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2021 JrAmall￿ axl c(tr(ronkn of É-nois . a rmfit I￿￿31SM lab to culiivate a Latin Americwl ne￿ of Iwal j(KVTwlsts. swportirf8coffrnmicators aid veh￿leS to ￿tWith rtspectfr Durin8 Aura's mpntorin8 journey Amanda learned io speak En81ish, hiring the servtces ol a displaced immi8rant te¥her in Brazil. She also took upon a mentorship on natural and integral health for women with traditional healer5 and learned to be more118ht and flexible, exploring with a clown mentor her comic-5elf_ "l usually say that Aura is my master's degree, my post-graduation - itfinally arrivedfor me what l always wanted to do and that is my place in the world.. to be a leader that takes responsibilityforfinding potential in people ond processes. CIthIKe s￿rt( For￿ deferKler in Par&. I￿rKler of the Zé Clajdio & M¥ia Ir6tittrte. vmrlG to Stren8th￿ the neh•doth of ott£tion defernk￿ and cc*7lir￿e to denowKe the violu￿e that h￿[5 in the Ama￿￿ rnainly in In 2021 Claudelice was parl of a Trauma Release and trological Coaching mentorshi$￿, which helped her Cope with the brulal ￿sasSInall0n of her brother and sister-in-law, that give name to her ir61itute. She also hired corEultarKy and established a pro8rarnme within the in51itute to shelter and o(fer support for victims of environmental confl icts in the Amazon. 'Aura held my hand to the point where I could see the horizon and discover my wings andfly." Page 27 BE THE EARTH FOUNDATION TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2021 water rec(mmMin8 acfv4￿ate. working at the envir￿ment avKI srKial tr￿formatIon projects. She is ako an Early Stsge Researcher in NEWAVE at Mwie Cwie Imovali Trainiro Netw￿￿ Durin8 her (l￿t ye* of Aura Donna started her PhD al the Vrije Univetsilsl of Amsterdam. She took upon Trauma Rele￿e and Astrological Coaching combined to Process work that helped hei navigate the challenges of bein8 a woman actiV￿t. community, builder, facilitator and skilful researcher. "The Aura Fellowship is G safe space where G network of strong and Gctivist women have been brought together, supported and empowered to continue their workfrom a place of gentle care and creativity." Fabwm Pereirn An E•aratrr. Sc(xrt aTrJ F￿l•ltator 10 ￿315. Fabi walk5 h￿d in haKI with Nath at 0￿￿¥d B￿￿￿d. She akn ha5 c(¥Jntless pthr5hibz that Ixsild bri¢tss that wide ￿ b During the yew of 202 l Fabi Studied Phenomenology and took upon Astrolo81cal Coachin8 and Trauma Release. The eXperIe￿e with TRE was so powerful that she decided to become a provider and took a follow up trainin8 course, Extended to the following year a5 an Aura Fellow_ ' I describe Aura as o fellowship of women activists that are working around the globe hand in hand with Nature. Aura is a caring environment, focusing on us as women, humons thot need love and to be caredfor, and not just our projects and productivity. Page 28 BE THE EARTH FOUNDATION TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2021 F*iolla thwte An thir&er (wn&r of Colher dE Pal. initialive that lOC￿e5 on rxrtrition. relatiorGhip with fo￿ aid the feedin8 behaviour of babie5 into a(hJlthcrfMJ a5 a CD￿ltive. Symbol￿ *MI culttral field. She ￿en ililaling c(XU5Es on ea￿[￿ behavi￿. p￿ntIn8 ￿ WirrrLott 8rcuk5 fw over 11 yew5. FabiDlla joined the Traurna Rele￿e and A51rological Co￿h1n8 mentorship pro8rammes. She also took part in a COLtr5e to heal the relatiornhip beNveen women and money. After one year ol programme, Fabiolla built confider￿e and strLKture to study neur05cierte and psychoanals515. "I have been learning thatfreedom is a state of mind. It hos to do with clarity, with fluency in naming what is yours and what isfamiliar generational noise. More self- confidence then. Then more self-esteem. Then more prosperous, more courogeous, with my work more expressive and getting into neuroscience." Fkn4ia Ram An ￿1V5t en8a8ed in wthr. are5tral culttwes. rithts of natr¥e. re8eneralion and huM￿+cOMMunity welmjeirrd that cqFcrEated thE Re8enEra RID D(re Mtwement ￿mI Alla￿a ￿"0 DLKe CollKtive b(rth C(￿M￿lty (w8ani5ation5 that staid the rithts ofall aftertEd by minin8 in regiffl of D(re River. Brazil. In 2021 Flavia took pottpry classe5, Trauma Release and course to heal the relaiionship between women and money. Flavia is currently applying her knowledge in iherapeutic approache5 to collective and individual trauma to corsolidate hei work in communities lor holistic health. "Auro is an innovative programme that breaks moinstream logic and proposes something bold and necessary,. support, walk together and give wings to women actlVlStS. Page 29 BE THE EARTH FOUNDATION TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2021 Linda D￿le1$ A jtxjmalst that offers media training to cwitate in the PLwlar edxation movement to b￿C￿e c(KY￿nth1ty rE￿rtErs. Linda akn [￿111￿￿ ytxth expr￿1￿ by trainin8 people, fr[￿ low-l￿oMe cl￿n￿ltIeS in Sc Africa. in the of radio so that they could tell their own 5torie5. In 2021 Aura supported Linda to under80 talking therapy. She also joined a course on po(k&l editlfl8 and received Co￿h1￿8 to improve her WTltin8 and 5torytellin8 ski115_ On the course of the year Linda has established and grown her media project, fLKLsin8 on creatin8 a suslainable approach to her work in tht world_ "We show up as humansfirst and then in the roles we are 'assigned' to. This makes for o more meaningful connection ond rich interoction. A biodinamr gar&rv th is akn a storyteller. re5ucher 'rNer beneath the river. m&"n8 spxe for what 15 often left uwd between people working in leaTh￿. to help cr&ite rKw SyStery￿ old w[￿1 cwdinue to cr￿T￿)le. Nomita took Astrolo8ical Coachin8 and Trauma Release a5 mentorships in 2021. Exploring her inter￿ts on creatTrn8 deeper connectiors with the more than human WDrld. Linda also mentored in Plant L15tenin8 Linda became a TRE prxtitioner and a150 801 trained in the Art Df Hostiri8 and Harve5tln8_ "Thisfellowship is an experimentin seeing how women can show up in the world when gifted and trusted with support that allows them to choose the well-being of their bodies, minds Gnd soul. Page 30 BE THE EARTH FOUNDATION TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2021 A kilit*or arKI chilthood researcher. ShE de5iWS WKI crekn envirorrnts with chilthen. knilie5 eththrs. Creattr Of the initiative -NLtrib"ffl lmawnati1￿- a WDjecl fLKLsed on nwri5hing creativity aid v￿lIbein8 of vulnerajle chil&en Oxin8 the pwNknKS. REnata received CO￿h1n8 in sustainability Pl￿tiCe5 lor thE home environment and learned how to integrate natuie in her rDUtine. She also joined a course on storyoellin8 and received trainin8 on healin8 the relatio￿hip bemieen women and money. In the course 012021 she published a book that invite5 practic￿ ot wellne55 and love for the planet, geared iowards familie5 and children. "I see myself more moture, oware of my history, of my earthly trajectory. Acting with more lightness, gentleness andfocus, with myself and with the world. Prioritising the care of my body, my mind ond my spirit in my doily life." Ra Vuyi Is a rnultidimen5ional 5toryrteller, san8oma Ihealerl and artist from johannesburg. Her work explores the variety of divine ieminine wisdom, while conlronlin8 our collective traJma5. Durin8 the year ot 2021 Ra joined the A5trolD8ical CD￿hing entorship thich helped her Lsnderstand her very intentioned cosmic wirin8 and what that means (or her in this world, sided vith a spiritual development jouiney. She also took upon the mentorship on Wofflen arid Money. which She decided nol to complete, in a movement ol honouring her leelin8s and Iradilional wisdom, io that point ir￿0Mpatible with rhe mentor'5 pfDP05al_ "Aura was thefirst rays of a new dawn and reality that like minded wildlyfeeling hearts are birthing. As the magic of the healedfeminine and the return of the grandmother5, the crone5, known and unknDwn5 that (Jre descending to bring things back into divine order. Page 31 BE THE EARTH FOUNDATION TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 ## Places Be The Earth believes in the importance of connecting people and programmes to vision aligned land-based spaces. We define these places as the ones that are being developed into the embodiment of healthy ecosystems, where we practice, improve and share our vision for a regenerative future . BTE funds experiences that have potential to reconnect human and nature, either from an inner development perspective or focusing outwards with actual and profound interaction with the natural world. This happens through subsidising retreats in nature and land-based education. During the year of 2021, a post covid context allowed us to experiment a little with close partners in the UK, where we could leverage stronger relationships and test the format of funding retreats to offer us learning opportunities In 2021 we started to gain some elements to check our hypothesis of land-based experiences that connect human and nature through alternative learning processes. Page 32 BE THE EARTH FOUNDATION TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 ## Places Activities in 2021 ## Radical Resilience Retreat We Feed The World in Frome Page 33 BE THE EARTH FOUNDATION TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 ## Pollination We define pollination as the intentional posture of connection and collaboration that has the potential to unlock systemic change. We run pollination actions to creatively respond to the needs of the ecosystem (People, Programmes and Places), under a reciprocity and generosity paradigm. We proactively created collaboration opportunities that furthered relationships within the network mostly with alternative education and communication tools. In 2021 we started to offer bursaries and scholarships to trainings, workshops, courses, conferences, mentorships and other experiences that have the potential to advance intelligence and information towards regeneration first and foremost in the realm of food systems. Page 34 BE THE EARTH FOUNDATION TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 ## Pollination Activities in 2021 Page 35 BE THE EARTH FOUNDATION TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 ## Social Investments Be The Earth Investments Limited operates as a subsidiary of Be The Earth Foundation. It operates under all the same principles that were outlined above, but has a focus on supporting profit making organisations. All investment opportunities are assessed first based on their potential for positive impact. Then, they are assessed through the lens of more traditional KPIs, including financial return. The goal with the investment arm is to create a sustainable model where any profits from the investments can be used to fuel BTE’s activities and help to grow the scale of its work. In 2021, the focus of the Investments arm was largely on establishing itself as an investor interested primarily in regenerative agriculture and food. Historically, Be the Earth Investments Limited was more broadly focused on impact, but when it moved to sit beneath Be The Earth Foundation in 2020, the focus shifted. This meant that in 2021 there were only a small number of investments carried out. The investment activity in 2021 included the following: Page 36 BE THE EARTH FOUNDATION TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 ## Grant-making policies ## WHO In 2021 Be The Earth kept a constant effort of knowing and understanding the ecosystem we are a part of. In an ever evolving system mapping effort. We have pointed out that some specific groups have a crucial role in promoting and unlocking change into regenerative economic models that prioritise life. The combination of their diverse intelligence and resources is key to a strong ecosystem for regenerative economies. When elaborating our programmes, running events or creating opportunities for systemic collaboration, we take into account the following groups of key-stakeholders. - Farmers & Growers : The group maintains a deep relationship with the natural world, mastering ancestral - techniques for soil care, improvement of global health, food production and the creation of potential regenerative economic models focusing on food systems. - Women: The group that sustains the feminine intelligence as "an innate sense of responsibility for the survival - of human and planetary life and keeps a conscious intention to heal" (Karen Downes) refuting paradigms of dominance and looking into possibilities to further mutual care. - Indigenous People: The group that keeps ancestral wisdom and actively protects land and proven strategies - for life in integration with nature, without whom regeneration and a viable future are not possible. • Activists: The group that takes upon action, based on regenerative principles, that ignite change. - Entrepreneurs: Inspiring leaders of innovation and disruption of current economic models that can offer - resilient alternatives to businesses and organisations. - Wealth Holders: The group that can offer catalytic inputs with financial and non-financial resources to - leverage change from a shared power perspective. Page 37 BE THE EARTH FOUNDATION TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 ## WHERE In 2021 Be The Earth Focused on funding with a place based criteria, where there are stronger connections and relationships. We aimed to have 65% of our investments in these specific geographies: United Kingdom, Brazil and South Africa. Along the year, focusing on collecting impact through learning and quality of relationships, we have concluded that localising our efforts and resources to the places where we are best positioned to offer more than financial opportunities for collaboration, furthers their reach. Here is a snapshot of how the funds were allocated geographically. Page 38 BE THE EARTH FOUNDATION TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 ## WHAT In 2021 Be The Earth developed more understanding around the concept of systems change by joining multiple opportunities for learning and investing in staff training. Even though we acknowledge that limiting the scope of our work to themes is part of a traditional philanthropic mindset, we found it important and useful to still navigate around some key areas that, under a layered perspective, are crucial to the success of regenerative futures we want to see in place. We created a framework of a radar that has food in its core and orbiting areas that support the development of food systems that protect all life. These are: - Food: Soil health; Organic and biodynamic approaches; Seaweed, wild foods, fungi; Agroforestry, Seed - protection; Composting; Circular and local economic models. - Ancient Cultures: Indigenous-Led; Underfunded groups; Traditional cultures; Informal organisations; Practices - and traditions. - Wellbeing: Community care; Integration with nature; Body-work; Medicinal herbs; Whole-foods; Spirituality; - Holistic healing; Inner work. - Community Building: Gatherings; Space for relationships; Ecovillages; Low impact buildings; Shared living; - Marginalised groups. - Localisation: Design for change; initiatives of non collaboration for globalisation; Global Networks. - Alternative Economies: Gift economy; Participatory economy; Permaculture. Page 39 BE THE EARTH FOUNDATION TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 ## Social investment policies Be The Earth has a long term vision to create a sustainable funding model, based on the concepts of circular economies. The goal is to continue to exist for the long-term without raising additional funding, which means social investments (with potential for financial return) are made to balance out the charitable giving each year. All investments are made from an Impact-first approach and follow the same policies for grant making . Meaning BTE creates pathways to redirect finances to non-exploitative (namely regenerative) businesses that put preservation of planetary life before profit . BTE utilises diverse financial instruments and funding models, including equity, loans, revenue-based financing, convertible-debt and more. Appropriate due diligence processes must be followed, but BTE is open to creative solutions for organisations and individuals that do not fit within traditional funding models. The WHO, WHERE and WHAT outlined above in the grant making policies is the same for the social investment policies. The only thing that differs is the HOW. Due to the fact that investments are not always made from an impact-first lens, Be the Earth Investments has taken steps to ensure integrity is upheld in its investment approach. This includes becoming a certified B Corp and operating under the following 10 principles: 1. We look at all investments from an impact-first perspective: if we don’t believe in the impact, then we won’t consider an investment no matter what the potential is for financial returns. 2. We work with a circular financial model: 100% of profits will be reinvested or donated. 3. We work with non-extractive financing: we choose the best model for providing funding depending on a business’ individual needs, rather than seeking the most lucrative model for us as investors. 4. We don’t believe that all businesses follow the same timeline: we don’t set specific exit expectations and often provide funding in a way where an exit is not encouraged. 5. We provide extensive non-financial support: we fund capacity building, offer networking opportunities, cross marketing and more. 6. We take risks that sometimes others are not prepared to take: if the impact is great, we invest in high-risk businesses, even if there are sometimes low return expectations 7. We put the final beneficiaries at the centre of the solution: we take a voting board seat only when we feel it’s needed and encourage other voices to be heard at the table of each organisation we invest in. 8. We encourage and invest in diversity: having a broad representation is important to us and we actively seek ventures that are led by minorities and under-represented groups; we also reject businesses based on a lack of diversity and openness to change. 9. We measure and manage impact: whilst we recognise a majority of impact is immeasurable and subjective, we work to create a methodology to track the tangible impact we are having in the world and the ways each business is advancing towards their individual impact goals. 10. Work to inspire and leverage resources: we spend time sharing impactful stories with our network and - inspiring additional capital to move to the impact-first investment space. Page 40 BE THE EARTH FOUNDATION TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 ## FINANCIAL REVIEW ## Going concern After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies. ## Reserves policy The target minimum Reserve Fund is equal to three months of average costs. This will be calculated each year after approval of the annual budget, and reported to the Trustees. Reserves are intended to provide an internal source of funds for situations such as a sudden increase in expenses, one-time unbudgeted expenses, unanticipated loss in funding, or uninsured losses. Reserves are not intended to replace a permanent loss of funds or eliminate an ongoing budget gap. If the Reserves are used, they will be replenished within a reasonably short period of time. ## Earmarked income In 2021, BTE received income of £1,690,682 from multiple sources. The primary source of income was from two distributions sent by SBT Trust. The first distribution in the amount of £650,000 was received on April 1, 2021, and the second distribution in the amount of £1,000,000 was received on July 1, 2021. The entirety of this distribution on July 1, 2021 was intended to support activities to be carried out by Be The Earth Foundation in 2022 and has therefore been included within deferred income. This includes operating costs, grant-making activities, and social investment activities carried out by Be The Earth Investments. ## Grant income In 2021, BTE was the recipient of three grants. Each was a restricted grant to support specific activities carried out by the Foundation, with details outlined below: - FemmeQ: £8,000 grant to support an event on Feminine intelligence - Global Greengrants Fund: £3,686 ($5,000) grant to support the Mutuca campaign - Bertha Foundation: £28,697 ($40,000) grant to support Aura Stellenbosch, a programme to be run in 2022 Page 41 BE THE EARTH FOUNDATION TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 ## STRUCTURE, GOVERNANCE AND MANAGEMENT ## Constitution Be The Earth Foundation is a registered charity, number 1189626, and is constituted under a Trust deed. ## Methods of appointment or election of Trustees The management of the Charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Trust deed. ## Financial risk management The Trustees have assessed the major risks to which the Charity is exposed, in particular those related to the operations and finances of the Charity, and are satisfied that systems and procedures are in place to mitigate exposure to the major risks. ## Staff Handbook A Staff Handbook outlining the way in which Be the Earth Foundation interacts with, governs, protects, and supports its staff is currently under review to ensure it is aligned with the principles of the organisation. Approved by order of the members of the board of Trustees on 31 October 2022 and signed on their behalf by: S TABATZNIK (Chair of Trustees) Page 42 BE THE EARTH FOUNDATION ## STATEMENT OF TRUSTEES' RESPONSIBILITIES FOR THE YEAR ENDED 31 DECEMBER 2021 The Trustees are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for each financial which give a true and fair view of the state of affairs of the Charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to: - select suitable accounting policies and then apply them consistently; - observe the methods and principles of the Charities SORP (FRS 102); - make judgments and accounting estimates that are reasonable and prudent; - state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements; - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in business. The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the Trust deed. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by order of the members of the board of Trustees on 31 October 2022 and signed on its behalf by: S TABATZNIK (Chair of Trustees) Page 43 BE THE EARTH FOUNDATION ## INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2021 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BE THE EARTH FOUNDATION ('the Charity') I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 31 December 2021. ## RESPONSIBILITIES AND BASIS OF REPORT As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act'). I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. ## INDEPENDENT EXAMINER'S STATEMENT Since the Charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of ACA, which is one of the listed bodies. Your attention is drawn to the fact that the Charity has prepared the accounts 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 in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn. I 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 effective for reporting periods beginning on or after 1 January 2015. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Signed: Dated: 31 October 2022 N COHEN ACA BAGINSKY COHEN 930 HIGH ROAD LONDON N12 9RT Page 44 BE THE EARTH FOUNDATION ## STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021 |Note
INCOME FROM:
Donations
4
Investments
5
TOTAL INCOME
EXPENDITURE ON:
Charitable activities:
Grant expenditure
6
Grant related support costs
7
TOTAL EXPENDITURE
NET MOVEMENT IN FUNDS
RECONCILIATION OF FUNDS:
Total funds brought forward
Net movement in funds
TOTAL FUNDS CARRIED FORWARD|Unrestricted
funds
2021
£
650,000
299
650,299
354,623
80,265
434,888
215,411
648,298
215,411
863,709|Restricted funds
2021
£
11,686
-
11,686
11,686
-
11,686
-
-
-
-|Total
funds
2021
£
661,686
299
661,985
366,309
80,265
446,574
215,411
648,298
215,411
863,709|Total
funds
2020
£
900,000
-| |---|---|---|---|---| |||||900,000| |||||189,163
55,094| |||||244,257| |||||655,743| |||||(7,445)
655,743| |||||648,298| The Statement of Financial Activities includes all gains and losses recognised in the year. The notes on pages 47 to 55 form part of these financial statements. Page 45 BE THE EARTH FOUNDATION ## BALANCE SHEET AS AT 31 DECEMBER 2021 |Note
FIXED ASSETS
Investments
11
CURRENT ASSETS
Debtors
12
Cash at bank and in hand
Creditors: amounts falling due within one year
13
NET CURRENT ASSETS / LIABILITIES
TOTAL NET ASSETS
CHARITY FUNDS
Restricted funds
14
Unrestricted funds
14
TOTAL FUNDS|2021
£
635,498
1,180,601
1,816,099
(1,052,390)|2021
£
100,000
763,709
863,709
-
863,709
863,709|2020
£
321,030
229,994
551,024
(2,726)|2020
£
100,000
548,298| |---|---|---|---|---| |||||| |||||648,298| |||||-
648,298| |||||| |||||648,298| The financial statements were approved and authorised for issue by the Trustees on 31 October 2022 and signed on their behalf by: ## S TABATZNIK (Chair of Trustees) The notes on pages 47 to 55 form part of these financial statements. Page 46 BE THE EARTH FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 ## 1. GENERAL INFORMATION Be The earth Foundation is an unincorporated Trust registered as a charity in England and Wales. The address of its principal place of business is 7 Cavendish Square, London, W1G 0PE and the nature of its operations are set out in the Trustees' Report. ## 2. ACCOUNTING POLICIES ## 2.1 BASIS OF PREPARATION OF FINANCIAL STATEMENTS The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011. The financial statements have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair' view. This departure has involved following the Charities SORP (FRS 102) published in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn. Be The Earth Foundation meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy. ## 2.2 INCOME All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. Grants are included in the Statement of financial activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued. ## 2.3 EXPENDITURE Expenditure is recognised once there is a legal or constructive 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 can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs. Page 47 BE THE EARTH FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 ## 2. ACCOUNTING POLICIES (CONTINUED) ## 2.3 EXPENDITURE (CONTINUED) Grants payable are charged in the year when the offer is made except in those cases where the offer is conditional, such grants being recognised as expenditure when the conditions attaching are fulfilled. Grants offered subject to conditions which have not been met at the year end are noted as a commitment, but not accrued as expenditure. All expenditure is inclusive of irrecoverable VAT. ## 2.4 INTEREST RECEIVABLE Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Charity; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited. ## 2.5 INVESTMENTS Fixed asset investments are a form of financial instrument and are initially recognised at their transaction cost and subsequently measured at fair value at the Balance sheet date, unless the value cannot be measured reliably in which case it is measured at cost less impairment. Investment gains and losses, whether realised or unrealised, are combined and presented as ‘Gains/(Losses) on investments’ in the Statement of financial activities. Investments in subsidiaries are valued at cost less provision for impairment. ## 2.6 DEBTORS Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. ## 2.7 CASH AT BANK AND IN HAND Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. ## 2.8 LIABILITIES AND PROVISIONS Liabilities are recognised when there is an obligation 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 amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the Charity 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. ## 2.9 FINANCIAL INSTRUMENTS The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method. Page 48 BE THE EARTH FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 ## 2. ACCOUNTING POLICIES (CONTINUED) ## 2.10 FUND ACCOUNTING General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements. Investment income, gains and losses are allocated to the appropriate fund. ## 3. CRITICAL ACCOUNTING ESTIMATES AND AREAS OF JUDGMENT In the application of the Charity's accounting policies, which are described in note 2, management is required to make judgments, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimate and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period or in the period of the revision and future periods if the revision affects both current and future periods ## 4. INCOME FROM DONATIONS |Donations
Grants
TOTAL 2021
Donations
TOTAL 2020|Unrestricted
funds
2021
£
650,000
-
650,000|Restricted
funds
2021
£
8,000
3,686
11,686
Unrestricted
funds
2020
£
900,000
900,000|Total
funds
2021
£
658,000
3,686| |---|---|---|---| ||||661,686| ||||Total
funds
2020
£
900,000| ||||900,000| Page 49 BE THE EARTH FOUNDATION ## NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 ## 5. INVESTMENT INCOME |Bank interest receivable
6.
ANALYSIS OF GRANTS
People
Programmes
Places
Pollination
TOTAL 2021
People
Programmes
Pollination
TOTAL 2020|Unrestricted
funds
2021
£
299|Total
funds
2021
£
299
Grants to
Institutions
and
Individuals
2021
£
150,431
179,671
9,990
26,217
366,309
Grants to
Institutions
and
Individuals
2020
£
130,000
55,664
3,499
189,163|Total
funds
2020
£
-| |---|---|---|---| ||||Total
funds
2021
£
150,431
179,671
9,990
26,217| ||||366,309| ||||Total
funds
2020
£
130,000
55,664
3,499| ||||189,163| Page 50 BE THE EARTH FOUNDATION ## NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 ## 7. ANALYSIS OF SUPPORT COSTS ||Grant Making
2021|Governance
2021|Total funds
2021| |---|---|---|---| |Bank charges|£
933|£
-|£
933| |Computer expenses|323|753|1,076| |Design and branding|477|45|522| |Independent examination|-|2,160|2,160| |Legal and professional fees|735|5,676|6,411| |Office expenses|1,317|2,459|3,776| |Staff costs|24,740|24,739|49,479| |Travel and meetings
|9,545
38,070|6,363
42,195|15,908| ||||80,265| TOTAL 2021 ||Grant Making
2020|Governance
2020|Total funds
2020| |---|---|---|---| ||£|£|£| |Bank charges|122|-|122| |Computer expenses|589|633|1,222| |Design and branding|-|1,505|1,505| |Independent examination|-|1,440|1,440| |Legal and professional fees|840|8,682|9,522| |Office expenses
Staff costs|145
29,689|-
11,449|145
41,138| |TOTAL 2020|31,385|23,709|55,094| ## 8. INDEPENDENT EXAMINER'S REMUNERATION ||2021|2020| |---|---|---| ||£|£| |Fees payable to the Charity's independent examiner for the independent||| |examination of the Charity's annual accounts|2,160|1,440| |Fees payable to the Charity's independent examiner in respect of:||| |All other services not included above|5,676|840| Page 51 BE THE EARTH FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 ## 9. STAFF COSTS |Wages and salaries
Social security costs
Contributions to pension scheme|2021
£
43,218
4,115
2,146
49,479|2020
£
36,025
3,472
1,641
41,138| |---|---|---| The average number of persons employed by the Charity during the year was as follows: ||2021||2020|| |---|---|---|---|---| ||No.||No.|| |Administration||2||2| No employee received remuneration amounting to more than £60,000 in either year. ## 10. TRUSTEES' REMUNERATION AND EXPENSES During the year, no Trustees received any remuneration or other benefits (2020 - £NIL). During the year ended 31 December 2021, travel expenses totalling £15,396 were reimbursed to 2 Trustees (2020 - £NIL to Trustee). ## 11. FIXED ASSET INVESTMENTS |COST OR VALUATION
At 1 January 2021
Additions
At 31 December 2021
NET BOOK VALUE
At 31 December 2021|Investment in
subsidiary
company
£
-
100,000| |---|---| ||100,000| ||| ||100,000| Page 52 BE THE EARTH FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 11. FIXED ASSET INVESTMENTS (CONTINUED) PRINCIPAL SUBSIDIARIES The following was a subsidiary undertaking of the Charity: ||Name|Company|Principal activity|Class of|Holding| |---|---|---|---|---|---| |||number||shares|| ||Be the Earth Investments|07641556|A social enterprise working in unison|Ordinary|100%| ||Limited||with Be The Earth Foundation to provide||| ||||flexible funding and investment in||| ||||businesses committed to accelerating|the|| ||||regeneration of life on earth.||| ||The financial results of the subsidiary for||the year were:||| ||Name||Profit/(Loss)/||Net assets| |||||Surplus/|£| ||||(Deficit) for the||| |||||year|| |||||£|| ||Be the Earth Investments Limited|||(44,314)|272,549| |12.|DEBTORS||||| |||||2021|2020| |||||£|£| ||DUE AFTER MORE THAN ONE YEAR||||| ||Amounts owed by group undertakings|||635,498|321,030| 13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |Trade creditors
Accruals and deferred income|2021
£
19,853
1,032,537
1,052,390|2020
£
123
2,603| |---|---|---| |||| |||2,726| Page 53 BE THE EARTH FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 |S TO THE FINANCIAL STATEMENTS
HE YEAR ENDED 31 DECEMBER 2021|||| |---|---|---|---| ||2021|2020|| ||£|£|| |DEFERRED INCOME|||| |Resources deferred during the year|1,028,697||-| During the year, a distribution of £1,000,000 was made from SBT Trust to support activities carried out in 2022. In addition a grant of $40,000 (£28,697) was received from Bertha Foundation for the 2022 Aura Fellowship in Stellenbosch. ## 14. STATEMENT OF FUNDS ## STATEMENT OF FUNDS - CURRENT YEAR |Balance at 1
January 2021
£
UNRESTRICTED FUNDS
General Funds
648,298
RESTRICTED FUNDS
FemmeQ
-
Mutuca initiative
-
-
TOTAL OF FUNDS
648,298
STATEMENT OF FUNDS - PRIOR YEAR
Balance at
1 January 2020
£
UNRESTRICTED FUNDS
General Funds
(7,445)|Income
£
650,299
8,000
3,686
11,686
661,985
Income
£
900,000|Expenditure
£
(434,888)
(8,000)
(3,686)
(11,686)
(446,574)
Expenditure
£
(244,257)|Balance at 31
December
2021
£
863,709
-
-
-
863,709
Balance at
31 December
2020
£
648,298| |---|---|---|---| Page 54 BE THE EARTH FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 ## 15. ANALYSIS OF NET ASSETS BETWEEN FUNDS ## ANALYSIS OF NET ASSETS BETWEEN FUNDS - CURRENT YEAR |Fixed asset investments
Debtors due after more than one year
Current assets
Creditors due within one year
TOTAL|Unrestricted
funds
2021
£
100,000
635,498
1,151,904
(1,023,693)
863,709|Restricted
funds
2021
£
-
-
28,697
(28,697)
-|Total
funds
2021
£
100,000
635,498
1,180,601
(1,052,390)| |---|---|---|---| ||||863,709| ## ANALYSIS OF NET ASSETS BETWEEN FUNDS - PRIOR YEAR |Fixed asset investments
Debtors due after more than one year
Current assets
Creditors due within one year
TOTAL|Unrestricted
funds
2020
£
100,000
321,030
229,994
(2,726)
648,298|Total
funds
2020
£
100,000
321,030
229,994
(2,726)| |---|---|---| |||648,298| ## 16. RELATED PARTY TRANSACTIONS During the year to 31 December 2021, support amounting to £9,990 was provided to an organisation to hold a retreat at 42 Acres. Two of the Trustees, Mr S Tabatznik and A Myers are directors of 42 Acres Limited and the charity's subsidiary, Be the Earth Investments Limited, is a minority shareholder in 42 Acres Limited. At the year end, a loan balance of £635,498 (2020: £321,030) was due from the Charity's trading subsidiary Be the Earth Investments Limited in support of its activities. During the year to 31 December 2020, an unconditional donation of £100,000 was received from Mr S Tabatznik, Trustee. Page 55