“My colleague trustees and I recognised that we had a weighty moral duty to do everything in our power to support our charitable partners and, crucially, the millions of individuals working in and supported by the social care sector.”Haroon Sheikh, Chairman
Accessible HTML report
- Reference and Administrative Details of the Company, its Trustees and Advisers
- Trustee Biographies
- Chairman’s Statement
- CEO’s Statement
- Trustees’ Report
- Financial Review
- Structure, Governance and Management
- Plan for Future Periods
- Statement of Trustee’s Responsibilities
- Independent Auditors’ Report To The Members Of CareTech Charitable Foundation
- Statement Of Financial Activities (Incorporating Income And Expenditure Account)
- Balance Sheet
- Statement of Cash Flows
- Notes to the Financial Statements
Reference and Administrative Details of the Company, its Trustees and Advisers
Mr H R Sheikh, Chairman
Mr F R Sheikh
Mr A Sheikh
Mr M J Adams
Mrs L Arciuolo
Mr N Cheffings
Mr C K Dickinson
Mr N Jaffer
Mrs A Kelbie
Mr M Pratt
Mrs J Taplin
Company registered number
Charity registered number
7th Floor, Metropolitan House
3 Darkes Lane
Hertfordshire, EN6 1AG
Chief executive officer
Peters Elworthy & Moore Chartered Accountants
Cambridge, CB1 2LA
Royal Bank of Scotland
London, EC2N 3AS
Farrer & Co
66 Lincoln’s Inn Fields
London, WC2A 3LH
10 Queen Street Place
London, EC4R 1BE
Haroon Sheikh is Chief Executive Officer of CareTech plc. Haroon, a London University graduate, is one of the UK’s leading entrepreneurs, philanthropists and community figureheads and one of the founders of CareTech plc. Haroon is Patron and Enterprise Fellow of the Prince’s Trust and is also Vice Chair of the UK Advisory Council of the British Asian Trust under the patronage of HRH The Prince of Wales.
Christopher Dickinson is the Chief Financial Officer of CareTech Plc. Prior to joining CareTech plc, Chris spent over 15 years in the global investment-banking division at J.P. Morgan and three years at Deloitte, qualifying as a Chartered Accountant.
Farouq Sheikh OBE is Executive Chairman of CareTech plc. Farouq has been a key architect in CareTech plc’s growth, having been co-founder of the Group and involved in the vision and strategy from the outset in 1993. As Patron and Enterprise Fellow of the prestigious Prince’s Trust and as a member of the Mosaic National Advisory Board, Farouq supports young people by passing on his experience and expertise to inspire the next generation of entrepreneurs.
Lucy Arciuolo, joined CareTech plc’s Finance Department in 2013 and, since 2015, has been Senior Estates Administrator for the Central Region of CareTech Community Services Ltd. Lucy was the recipient of the Overall National Winner of the Caretech Care Awards 2017.
Mike Adams OBE is CEO of Purple, a cutting-edge not-for-profit organisation committed to supporting disabled people to realise their potential and to support businesses to understand the commercial opportunities disability offers. Mike is an Executive Director of CareTech Holdings Plc and chairs the Care Governance Committee, which drives the quality of care throughout the organisation.
Nicholas Cheffings (External Trustee) is Senior Counsel at Hogan Lovells LLP, a law firm with around 6,000 people in nearly 50 offices around the world. Nicholas is a member of the Council of Heart of the City and Women in Law London Advisory Panel, Chairman of PRIME and a Trustee of ISLP-UK.
Akbar Sheikh is an entrepreneur and CEO of Sheikh Holdings Group. Akbar takes a keen interest in philanthropic activities and works with many charities to deliver high-impact projects that have long-lasting social and economic benefits for communities.
Adriénne Kelbie CBE (External Trustee) is Chief Executive of the Office for Nuclear Regulation (ONR), the independent regulator for nuclear safety and security in the UK, and Patron of Women in Nuclear UK (WiN UK). Adriènne has spent twenty years in senior leadership roles in the public sector after starting her career in the voluntary sector.
Mick Pratt was the Overall National winner of the 2018 CareTech Care Awards after winning the regional award for Best Educator/Therapist. Mick joined CareTech Community Services in 2009 as a Training Facilitator and covers all of the adult localities.
Nashvir Jaffer (External Trustee) is an experienced Chartered Accountant who as Director at Leadenhall Partners, specialises in structuring real estate transactions and funds. Nash also serves as the Honorary Treasurer of the Muslim Council of Britain and has previously served as a Non-Executive Director at Merton & Sutton NHS Trust and as School Governor at several local Schools.
Jessica Taplin (External Trustee) is the CEO of the British Gas Energy Trust, who provide direct relief from energy debt and support for lower income households. Jessica was previously CEO of Treloar Trust, the UK’s leading centre for physically disabled children and young people. Jessica’s previous CEO roles have been at UK wide youth charities; vInspired and Get Connected.
Having established the Foundation and put in place our strategic framework and all of the supporting platforms necessary to deliver our ambitious objectives, the trustees and staff team were ready for a year of significant delivery. A year in which we were able to deliver powerful social impact across all aspects of our work, encouraged by the strength of the partnerships we had developed and the place we had created for the Foundation within the social care and charity sectors.
And then COVID-19 arrived…
It is now well-documented just how hard the social care sector has been challenged by COVID-19. Equally, the charitable sector has been rocked, hit by the perfect storm of unparalleled demand for its services at the same time as plummeting income. In the middle of this, as the leading corporate foundation in the social care sector, my colleague trustees and I recognised that we had a weighty moral duty to do everything in our power to support our charitable partners and, crucially, the millions of individuals working in and supported by the social care sector.
As I hope that this report conveys adequately, our response to the COVID-19 pandemic demonstrated the strength and relevance of the Foundation’s mission – and its agility to respond to this unprecedented challenge. From supporting our Partnership Grant charities to maintain their services, to the quadrupling of the funds made available to individuals facing significant hardship through our Staff Hardship Fund, to supporting a powerful set of new initiatives directly responding to the COVID-19 crisis, the Foundation came in to its own.
We have learned many lessons in this last year and are as committed like never before to improving the impact that we deliver to society through the funds available to us. Whilst we know that COVID-19 will, sadly, remain with us for some time yet and continue to challenge all of us for years to come, the Foundation is confident that it is well-placed to deliver on its powerful mission to champion and support the social care sector.
The significant increase in the generous donation from CareTech Plc, for which we are incredibly grateful, places a heavy responsibility on all of the trustees and staff team to ensure that the Foundation delivers far-reaching impact across all of its activities. We accept that responsibility readily, knowing that our strategy is more relevant than ever and that we have the team in place to deliver powerful change.
This was always going to be an important year for the Foundation; we just didn’t know how important… The social care sector has been rocked by the COVID-19 pandemic. Despite their very best efforts, social care providers have dealt with the most tragic of challenges, struggling to keep their residents and staff safe in the face of a virus that not even the world’s leading scientific experts can properly understand.
The charity sector, just when so many of its services have been most needed, has been knocked sideways by a catastrophic cliff edge fall in income. Great charities delivering excellent support to the most vulnerable members of society have had to lay off swathes of staff at the same time as re-inventing themselves and their operations almost overnight to deliver their work in a COVID-19 environment.
COVID-19 was far from being the only challenge over this last year. The appalling death of George Floyd in Minneapolis and the powerful response of the Black Lives Matter movement challenged all of us to reinvigorate the actions we all need to take to shift the dial in respect of diversity, equity and inclusion. Tackling climate change also remains, of course, a global priority that every organisation has to address if we are to safeguard the planet for future generations.
Amidst the sometimes overwhelming and frightening challenges of the last year, I am proud that, in its modest way, the CareTech Foundation in many respects came in to its own. We have been able to support some of the amazing new charitable initiatives that ingenious individuals have come up to address issues triggered by COVID-19. We have been able to significantly scale up the support we could provide to those hit by the economic challenges of the pandemic. We have supported all of our partners to continue to deliver their incredible programmes through this difficult year.
“We have been able to significantly scale up the support we could provide to those hit by the economic challenges of the pandemic.”
One of the golden threads of the charity sector and its people is a powerful optimism, a belief that things can and will be better. In this last year, we have witnessed a public awakening to the value of the social care system. We hope that our work in supporting the #SparkleForSocialCare campaign and, more recently, the hosting of the new cross-sector Championing Social Care campaign will ensure a wider and deeper public understanding, appreciation and respect for social care.
The achievements of the Foundation have been borne out of the inspirational leadership of our trustees, who have been incredible in steering us through this turbulent year, and the amazing efforts of my incredible hardworking staff team. Thank you!
Jonathan Freeman MBE
Chief Executive Officer