2022-12-31-accounts - Be The Earth Foundation

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					Page
Reference and administrative		details ofthe Charity,		its Trustees and advisers
Trustees' report					2-22
Trustees' responsibilities statement					22
Independent auditors'	report	on the financial	statements		23-25
Statement offinancial	activities				26
Balance sheet					27
Statement ofcash flows					28
Notes to the financial	statements				29-39

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BE THE EARTH FOUNDATION ACTMSTS th&t otèl.. £321,891 LN, ENTREPRENEURS InDYID •* Toral .. E66.036 Page16

			Unrestricted		Total	Total
			funds	Restricted funds	funds	funds
			2022	2022	2022	2021
		Note	f	f
INCOME FROM:
Donations		4	4,750,000	77,942	4,827,942	661,686
Investments		5	626		626	299
TOTAL INCOME			4,750,626	77,942	4,828,568	661,985
EXPENDITURE ON:
Charitable activities:
Grant expenditure			629,917	36,293	666,210	366,309
Grant related support costs			103,361		103,361	80,265
TOTAL EXPENDITURE			733,278	36,293	769,571	446,574
NET MOVEMENT	IN FUNDS		4,017,348	41,649	4,058,997	215,411
RECONCILIATION	OF FUNDS:
Total funds brought	forward		863,709		863,709	648,298
Net movement in funds			4,017,348	41,649	4,058,997	215,411
TOTAL FUNDS CARRIED FORWARD			4,881,057	41,649	4,922,706	863,709

					2022	2022	2021	2021
				Note
FIXED ASSETS
Investments						100,000		100,000
CURRENT ASSETS
Debtors				12	1,913,786		635,498
Cash at bank and	in	hand			2,926,792		1,180,601
					4,840,578		1,816,099
Creditors: amounts		falling due within	one year	13	(17,872)		(1,052,390)
NET CURRENT ASSETS/ LIABILITIES						4,822,706		763,709
TOTAL NET ASSETS						4,922,706		863,709
CHARITY FUNDS
Restricted funds				14		41,649
Unrestricted funds				14		4,881,057		863,709
TOTAL FUNDS						4,922,706		863,709

STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2022
			2022f		2021f
CASH FLOWS FROM OPERATING ACTIVITIES
Net cash used in operating activities			1,745,565		950,308
CASH FLOWS FROM INVESTING ACTIVITIES
Interest received				626		299
NET CASH PROVIDED BY INVESTING ACTIVITIES				626		299
CHANGE IN CASH AND CASH EQUIVALENTS	IN THE	YEAR	1,746,191		950,607
Cash and cash equivalents at the beginning ofthe	year		1,180,601		229,994
CASH AND CASH EQUIVALENTS AT THE END	OF THE YEAR		2,926,792		1,180,601
The notes on pages 29 to 39form part ofthese financial		statements

Unrestricted	Restricted	Total
funds	funds	funds
2022f	2022f	2022f
4,750,000	41,649	4,791,649
	36,293	36,293
4,750,000	77,942	4,827,942
Unrestricted	Restricted	Total
funds	funds	funds
2021f	2021	2021
650,000	8,000	658,000
	3,686	3,686
650,000	11,686	661,686

Unrestricted	Total	Total
funds	funds	funds
2022f	2022f	2021f
626	626	299

	Grants to
	Institutions
	and	Total
	Individuals	funds
	2022	2022
People	227,925	227,925
Programmes	234,098	234,098
Places	93,996	93,996
Pollination	110,191	110,191
TOTAL 2022	666,210	666,210
	Grants to
	Institutions
	and	Total
	Individuals	funds
	2021f	2021f
People	146,117	146,117
Programmes	183,985	183,985
Places	9,990	9,990
Pollination	26,217	26,217
TOTAL 2021	366,309	366,309

			Grant Making	Governance	Total funds
			2022	2022	2022
Auditor's	remuneration			4,200	4,200
Bank charges			2,449		2,449
Computer	expenses		446	1,040	1,486
Design and branding			690		690
Legal and	professional	fees	2,532	7,884	10,416
Office expenses			1,024	1,901	2,925
Staff costs			39,677	26,451	66,128
Travel and	meetings		9,040	6,027	15,067
			55,858	47,503	103,361

		Grant Making	Governance	Total funds
		2021	2021	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	6,363	15,908
		38,070	42,195	80,265

										2022f	2021f
Fees payable	to the Charity's			auditor		for the	audit	of the Charity's	annual
accounts										4,200
Fees payable	to the Charity's		auditor		in respect of:
Independent	examination	of	the	Charity's		annual	accounts				2,160
All non-audit	services not	included			above					6,504	5,676

			2022	2021
			f	f
Wages and salaries			58,324	43,218
Social security	costs		5,305	4,115
Contributions	to pension	scheme	2,499	2,146
			66,128	49,479

2022	2021
No.	No.

	Investment	in
	subsidiary
	company f
COST OR VALUATION
At 1 January 2022
Additions	100,000
At 31 December 2022	100,000
NET BOOK VALUE
At 31 December 2022	100,000

Name		Company	Principal activity		Class of	Holding
		number			shares
Bethe Earth Investments	Limited	07641556	A social enterprise		Ordinary	100%
			working in unison	with
			BeThe Earth
			Foundation to provide
			flexible funding and
			investment in
			businesses committed
			to accelerating the
			regeneration of life	on
			earth.

Name		Income/Gains f	Expenditure f	Profit/(Loss) for the year f	Net assets f
Bethe Earth Investments	Limited	2,794,938	(155,799)	2,639,139	2,911,688

						2022f	2021f
DUE AFTER MORE THAN				ONE	YEAR
Amounts	owed by	group	undertakings			1,883,786	635,498
						1,883,786	635,498
DUE WITHIN ONE YEAR
Other debtors						30,000
						1,913,786	635,498
CREDITORS: AMOUNTS				FALLING DUE WITHIN ONE YEAR
						2022	2021
						f
Trade creditors						11,680	19,853
Accruals	and deferred income					6,192	1,032,537
						17,872	1,052,390
						2022f	2021f
DEFERRED INCOME
Deferred	income at 1 January 2022					1,028,697
Resources	deferred	during		the year			1,028,697
Amounts	released	from previous			periods	(1,028,697)
							1,028,697

					Balance at 31
		Balance at 1			December
		January 2022 f	Income	Expenditure f	2022
UNRESTRICTED FUNDS
General Funds		863,709	4,750,626	(733,278)	4,881,057
RESTRICTED FUNDS
COP27 Indigenous	Elders		7,596	(7,596)
Aura Programme			70,346	(28,697)	41,649
			77,942	(36,293)	41,649
TOTAL OF FUNDS		863,709	4,828,568	(769,571)	4,922,706
STATEMENT OF FUNDS - PRIOR YEAR
					Balance at
		Balance at			31 December
		1 January 2021 f	Income f	Expenditure f	2021 f
UNRESTRICTED FUNDS
General Funds		648,298	650,299	(434,888)	863,709
RESTRICTED FUNDS
FemmeQ			8,000	(8,000)
Mutuca initiative			3,686	(3,686)
			11,686	(11,686)
TOTAL OF FUNDS		648,298	661,985	(446,574)	863,709

				Unrestricted	Restricted	Total
				funds	funds	funds
				2022f	2022	2022
	Fixed asset investments			100,000		100,000
	Debtors due after more than one year			1,883,786		1,883,786
	Current assets			2,915,143	41,649	2,956,792
	Creditors due within	one year		(17,872)		(17,872)
	TOTAL			4,881,057	41,649	4,922,706
	ANALYSIS OF NET	ASSETS BETWEEN FUNDS - PRIOR YEAR
				Unrestricted	Restricted	Total
				funds	funds	funds
				2021f	2021	2021
	Fixed asset investments			100,000		100,000
	Debtors due after more than one year			635,498		635,498
	Current assets			1,151,904	28,697	1,180,601
	Creditors due within	one year		(1,023,693)	(28,697)	(1,052,390)
	TOTAL			863,709		863,709
	RECONCILIATION	OF NET MOVEMENT	IN FUNDS TO NET	CASH FLOW FROM OPERATING
16.	ACTIVITIES

				2022f	2021f
Net income for the	year (as per Statement	of Financial	Activities)	4,058,997	215,411
ADjUSTMENTS FOR:
Interest received				(626)	(299)
Increase in debtors				(1,278,288)	(314,468)
Increase/(decrease)	in creditors			(1,034,518)	1,049,664
NET CASH PROVIDED BYOPERATING		ACTIVITIES		1,745,565	950,308

2022f	2021f
2,926,792	1,180,601

			At 31
At	1 January		December
	2022 f	Cash flows f	2022f
	1,180,601	1,746,191	2,926,792