THE FOOD CHAIN (UK) LIMITED
DIRECTOR'S AND
TRUSTEES, REPORT AND ACCOUNTS
ST
FOR THE YEAR ENDED 31 MARCH 2024
Company No: 02580505
Charity No: 1003014

THE FOOD CHAIN (UK) LIMITED
REPORT AND ACCOUNTS
CONTENTS
Page
Dlrectors, and Trustees, Report
Independgnt Examlnerf8 Report
Con8olldated Statement of Flnanclal Actlvltles
10
Con8olldated Balance Sheet
11
Consolldated Cash Flow Statement
12
Note8 to the Accounts
13-23

THE FOOD CHAIN (UK) LIMITED
DIRECTOR'S AND TRUSTEES, REPORT
FOR THE YEAR ENDED 31ST MARCH 2024
The trustees are pleased to present their annual directors, report together with the financial statements of the charity
for the year ended 31st March 2024, which are also prepared to meet the requirements for a directors, report and
Companies Act purposes.
The financial statements comply with the Charities Act 2011, the Companies Act 2006. the Memorandum and Articles
of Association, and Accounting and Reporting by Charities: Statements of Recommended Practice applicable to
charities preparlng thelr accounts In accordance with the Flnanclal Reportlng Standard applicable In the UK and
Republic of Ireland (FRS 102) (effective 1 January 2019).
OUR PURPOSE AND ACTIVITIES
The charity was founded to provide a nutrlllonal meal service to people Ilvlng wlth HIV, their dependents and
carers. The company's objects as amended in Articles on 16 October 2013 are:
Yhe r8li8f of slckness by providing nutrillonal support seNlce to those Ilvlng wllh Infectlon. Illness 8nd
related conditions caused by Ihe Human Immunodefici8ncy Virus (HIV) or other causative agants,
and to the housebound with specific dietary ne6ds arising from a medical conditlon,, and
To provlde 8 nutn'tion81 support seTrice for their dep8nd8nls and for p8rtners, carers or f8mlly
members who are directly engaged in caring for the person living with infection, illness and r818ted
conditions caused by the Hum8n Immunodeficiency Vinjs (HIV) or other c8usatlve agenls or
housebound by other mgdical condition and who 8re in conditions of need or h8rdship.'
The subsldlary undertaklng. Food Chaln Kltchen Llmlted has entered Into a Deed of Covenant with the company under
whlch its taxable Income each year Is covenanted to the Charlty. As a result the tradlng subsldlary wlll be maklng
Gift Aid payment of £nil (2023- £nll).
The nutritional support services provided are deslgned to help people living wlth HIV In London to get well, slay well
and Ilve Independently. Servlces are free, are not subject to financlal means188tlng and are provlded to ellglble people
who are identified as being in nutritional need.
Our package of support, uniquely tailored for each individual, can include one or more of the followlng servlces; home-
dellvered meals. a grocery delivery service for a defined perlod of lime,. Eating Posltively, nutrition and cookery classes
to meet the needs of people living with HIV,. and Eating Together, a communal eating servica for i4olated Indlvlduals.
Every service user also has access to a fully qualified dletitlan for nutritional advice.
Informatlon and recipes collected by Th8 Food Chaln over the years have been developed Into fact sheets, and are
made available to a wider audience through The Food Chain website, www.f dchain.or
.uk which offers nutritlonal
advlce deslgned for people Ilvlng with HIV

THE FOOD CHAIN {UK) LIMITED
DIRECTOR'S AND TRUSTEES. REPORT
FOR THE YEAR ENDED 31ST MARCH 2024
Achlevement and actlvitles summary
We continued to m98t the nutrition and support needs of PLWHIV many of whom have complex lives and very
challenging clrcumstances
Servlc•1ovel and demographlcs
Naw referrals
406 Indlvlduals plus thelr 236 famlly members = 658 Indlvlduals
Ethnlclty
Black Afrlcan 50Q/o
White British 12Q/o
White European 60/0
Gender
Female 510/0
Trans Hlstory 3°
Not Stated 30
Sexuallty
Helerosexual - 470/
Gay Man = 240/•
Prefer not to say= 60
Averago household Incomo
Approxlmalely £1501 week
Age
Youngest: O{Supportlng Bables wlth formula Mllk)
Oldesl:77
Aged 30 or under 160/0
Aged 50 or older 45.
Accommodatlon Status
SlablelPermanent Housing = 45010
Unstablerremporary Housing = 270
Unknown =280
Othar Dgmographlcs
RefugeelAsylum Seeker 149
Llvlng Alone 690/0
HIV Health
CD4<500 40Q/o
Detectable Viral Load 15Vo

THE FOOD CHAIN (UK) LIMITED
DIRECTOR'S AND TRUSTEES, REPORT
FOR THE YEAR ENDED 31ST MARCH 2024
Number of grocery dellverfes and meal equlvalents
875 grocery deliveries - 49.000 meal equivalents
3 people received 28 ready made hot meals
Numberof Communal Meals
2,000 Hot meals served to 172 people
376 onward referrals made
Fomiula mllk
65 infants up to the age of 1 supplled with 12 months of formula mllk
Number of volunteor hour8
4,847 volunteer hours donated by 121 volunteers x £13.15 London Llving Wage = £63,738.05. equlvalent of
approximately 2 full tlme posts
Overvlew of 2023-2024
Following the Implementation of our significant flnanclal savings plan In the prevlous financlal year, we were
successful In sustalnlng a good level of servlce for the most vulnerable people Ilvlng with HIV and thelr dependents.
Our small staff team was reduced In number by 2 full tlme equivalent posts, and In thls contlnulng lime of economic
pressures in the charity sector and beyond, the staff team and our committed volunteers hav6 demonstrated an
exceptional level of dedlcatlon and hard work.
One of our key slr8ngths in this period has been our partnership worklng with varlous charities such as Posltlve East,
Tarrence Higgins Trust, CHIVA, Birmlngham City Council and others.
In order to achleve sustalnablllty and provlde servlces to those who need us In the future, the cap on grocerles
remains meaning that we know there is unmet need out there. Despite Ihe cap on groceries. Eatlng Together thrives
as it continu85 to bulld community and connectlon amongst those who are experiencing barriers to good physlcal and
mental wellbelng.
We are proud to have survived through this very difficult faw years and are Gontinually looklng at ways to Strengthen
our services whilst remalnlng focussed on our core charltable purpose.
Through the Fast Track Cities Inlllatlve 'Getting to Zero. the HIV sector and Public Health England acknowledge that
there is a group of people who are not fully engage with primary care seNices and as such are not able to achieve an
undetectable viral load. At The Food Chain we answer a baslc human need, and so contlnue to engage with those
who may not be able to engage elsewhere. 150/0 of our Service Users live with a delectable viral load. which
emphasises The Food Chain's unique position as a support service for those who are not currently able to Ilve well
with HIV.

THE FOOD CHAIN (UK) LIMITED
DIRECTOR'S AND TRUSTEES, REPORT
ST
FOR THE YEAR ENDED 31 MARCH 2024
Case studiesltestimonials
Comment recelved dlrectly from seNlce users.
he Food Chain has changed my lif8.1 feel happi8r now. I did not have food lo eat before this and I was str8ssed and
depressed. I now eat more heallhily and I have lost some weight. It has helped me take my medication because I need
food to take it and I did not have any food. l use the recipes that you gave me to make healthier food. I have made
frlends at Eating Together.. l enjoy the company and I have learnt a lot. The food is really good."
.1 really enjoyed the service, and would love If it was somelhlng that could be a year-round seNlce. It provldes a great
space for people to enjoy themselves, a reason to get out ofthe house regularly, somewhere to go. I found the talks
really helpful, especially th8 nutrition talks, I'v8 kept all the papers from them. and made some of the recipes. Staff and
volunteers were always very helpful, really welcomlng. made It a very positive experience. I'm l¢)oking fotward to
volunleerlng In the future.
.1 really enjoyed coming to ET and meeting new people and being around others. ET was good for lots of types of
people - if you didn't want to Interact, you could stlll enjoy the food and be around people, but if you wanted to be more
interactlV8 then you had that opportunity. I'm a Chatty parson, and really enjoyed the soclal aspect. The talks wèra very
helpful, I found them all Informative.
'I'm eternally grateful that I was able to not worry about feeding my chlld for the flrst year of hls life. It made thlngs so
much easier havlng somebody there to support me. He's notjust my little man, he's our little man as you helped me
ralse hlm. Me & my partner will be forever grateful. I don't know what I would have done without you. I don't thlnk there
are any words to show how grateful l am.
.1 just want to say I really appreclale the food chaln and everythlng they do. The first day I got the food dellvered it
made a lot of dlfference and I was1888 worried. It made me want to Ilve Ilfe agaln..
Flnanclal Overvlew
The Consolidated Statement of Financlal Activities shows a deficlt of total Incomlng resources compared wlth
expended resources of £1,868 reduced In relatlon to the 2023 deflclt of £61,363 prlmarlly due lo the Impact ofthe cost
containment exercise undertaken in January 2023 and the pause in groceries started in December 2022.
Expenses decreased from £585,269 to £435,110 with the maln decrease a result of reductlon In the number of staff
and careful ongolng management of our charltable servlces.
PrlncSpal fundlng sourc08
The main fundlng sources for the charlty are charltable trust Income and Sndlvidual donors.
Investment powers and pollcy
Under the Memorandum and Articles of Association, the Charity has the power to Invest In any way tha Trustees wish.
The policy of the Trustees is to invest any surplus funds on bank deposit
Reserves pollcy
The charlty has a reserves pollcy that has a short-term alm to malntaln sufflclent funds to operate at our cur￿nt level
over a 3 month period. The medium term aim is to maintain sufficient funds to enable the expansion of the current
service and the long-term aim is lo maintain sufficient funds to extend and provide new services.
Trustees undertak8 ongoing risk assessment in relation to the level of reseryes. The cosl containment measures taken
In December 2022 and from January 2023 ensured that the charity was able to operate efficiently and effectively to
m88t its charitable objectives and assist people living with HIV to get well, stay well and live healthy independent lives
and over time to work towards ensuring it meets the aims of its reseNe policy.

THE FOOD CHAIN (UK) LIMITED
DIRECTOR'S AND TRUSTEES, REPORT
ST
FOR THE YEAR ENDED 31 MARCH 2024
FUTURE ACTIVITIES
The Food Chain is committed to meeting the following aims over the next 5 years..
1. Sustainably and realistically grow our capacity to meet the needs of our communlty in as impactlul a way as
possible
2. Build and dellver our seNices wlth a flmi commitment to soclal Justice and a recognition of broader contexts,
particularly for members of marginalised groups, and continually assess the suitability and accessibility of all
of our seNlces
3, Implement our nutritional expertise in a way that fights food poverty, supports personal agency and bullds
communities
4. Build partnerships and share leamings which effectlvely address thé needs of our community
5. Use our experlences and the lessons we learn from our communlty to amplify the volces of those Ilvlng with
HIV who are otherwise unheard
6. Be clear on our processes for seNice delivery whilst remalnlng responsive and dynamlc In how these services
are shaped
7. Listen to our communlty and ensure that all of our responses are rooted In compasslon
8. Demonslrale integrity and transparency in how we generate and utilise income
9. Be proud of what we have built and contlnue to build as a community
REFERENCE AND ADMINISTRATIVE DETAILS
Dlrectorsrrrustees:
Christopher Buckley
Allan Anderson
Jose Carlos Mejla Asserlas
Mlchael Barker
Laura Waters
Company No: 02580505
Charlty No: 1003014
Secretary: Mark Reynolds
Senlor Management:
Anna Brewsler- Director of Services and Development appointed 111112022
Richard Mills - Dlreclor of Income and Generation appointed 11312022
P Blowers- Kitchen Servlces Manager

THE FOOD CHAIN (UK) LIMITED
DIRECTOR'S AND TRUSTEES, REPORT
FOR THE YEAR ENDED 31ST MARCH 2024
Reglstered Office: Cally Yard 439 Caledonian Road London England N7 9bg
Independent Examlner: Samir Shah ACA,
Ramon Lee Ltd, 93 Tabemacle Street, London EC2A 4BA
Bankers: The Co-operatlve Bank, P.0. Box 250, Delf House, Skelmersdale WN8 6wr
Charities Aid Foundation, Kings Hill. West Malling, Kent ME19 4TA
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governlng document
The Food Chain (UK) Limited is registered as a company limited by guarantee and not havlng a capltal dlvlded by
shares.
The company was Incorporated on 6th February 1991 and Is a reglstered charity constituted as a limited company
under the Memorandum and Articles of Associatlon. The charity registration number Is 1003014 and the company
reglstratlon number Is 2580505.
Appolntmant of trustaas
As set out In the Artlcles of Assoclatlon the Chalr of the Trustees Is nomlnated by The Food Chaln (UK) Llmll8d. The
Executive Committee of Trustees have power to appoint additional Trustees as it conslders fit to do so.
The Board of Trustees Is elected al the Annual General Meetlng in accordance wlth the Articles when at18ast one thlrd
of th8 Trustees retlre from office. Trustees are eligible for re-election but cannot Serve for more then six consecutive
years. Beiween Annual General Meetings. additional Trustees may be co-opted by the Board for a term of up to one
year.
Trustee Inductlon and tralnlng
The Truslees maintaln a good worklng knowledge of charity and company law and best prac115e through thelr
professional and business Interests. New Trustees are given copies of the Memorandum and Artlcles ofAssc¢lallon.
External Iralnlng Is promoted and funded In the areas of governance, finance and other speclallst areas 8s requlred.
Organlsatlon
The company Is organlsecl so that the Dlrectors and Trustees meel regularly to manage Its aff8frs. The Executive
Committee comprises members from a variety of background5. local knowledge and professlonal quallflcatlon.
The dally operallons are the responslblllty of the two Dlrectors who report to the Board of Trustees.
Rl8k management
The Management Commlttee has conducted a revlew of the major rlsk to whlch the charlty Is exposed. A rlsk reglster
has been established and is updated at least annually. Where appropriale, systems or procedures have been
establlshed to mitlgate the risks the charity faces.
Related partles
The charity is independent of any other charities or organisation but works closely wilh other organisallons, HIV
support charities, local authorltles and health & soclal care professionals.
The charily's wholly owned subsidiary, Food Chain Kitchen Limited, was incorporated on 16 January 1997 with the
Intentlon that it mlght one day manage the purchase and development of a bulldlng to further the objectives of the
charity. The subsidiary changed its name in November 2012 to Food Chain Kitchen Limited.
The Trustegs have no beneficial interest in th8 company other than as members. There are no Trustees who are also
a director of Food Chain Kitchen Llmited.
Members of the Management Committee
Members of the Management Committee, who are directors for the purpose of company law and trustees for the
purpose of charity law. who seNed during the year and up to the date of this report are set out on page 4.

THE FOOD CHAIN (UK) LIMITED
DIRECTOR'S AND TRUSTEES, REPORT
FOR THE YEAR ENDED 31ST MARCH 2024
STATEMENT OF TRUSTEES, RESPONSIBILITIES
The Trustees (who are also directors of The Food Chain (UK) Limited for the purposes of company law) are
responsible for preparing the Annual Report and the financial statements In accordance with applicable law and
regulation.
Company law requires the Directors to prepare financial Statements for each financial year. Under that law the
Directors have elected to prepare Ihe financial statements in accordance with United Kingdom Generally Accepted
Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the Directors
must not approve the financial slatements unless they are satisfied that they give a true and fair view of the state of
affairs of the company and of Its income and expenditure for that period.
In preparing these financial statements, the Directors are requlred to:
select sultable accounting policies and then apply them conslstently.,
observe the methods and principles in the Charities SORP 2019 (FRS 102);
make judgements and eslimales that 8re reasonable and prudent.,
state whether applicable UK Accounting Standards have been followed. subject to any materlal departures
disc105ed and explained in the financlal statements.,
prepare the financlal statements on the golng concern basls unless it Is Inapproprlate to presume that the
charitable company will continua in business.
The Dlrectofs are responslble for keeplng adequate accountlng records that are sufflclent to show and explaln the
company's transactions and disclose with reasonable accuracy at any tim8 the financlal poslllon of the company and
enable them to ensure that the financlal statements comply with the Companles Act 2006. They are also responslble
for safeguardlng the assets of the company and hence for taklng reasonable steps for the preventlon and detectlon of
fraud and other Irregularitles.
The trustees are responsible for the malntenance and Integrlty of the charity and the financial Informallon Included on
the charlty's website In accordance wlth leglslatlon In the Unlted Klngdom govemlng the preparatlon and d158emlnatlon
of financial statemenls.
APPROVAL
Thls report was approved by the Board of Trustees and slgned on Its behalf by..
Chrlstopher Buckley
(Chair)
Date: 2411012024

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
THE FOOD CHAIN (UK) LIMITED
I report to the charity trLtstees on my examination of the accounts of the charity for the year ended 31 March 2024
whlch are set out on pages 10 to 23.
Thls report is made solely to the charity's truslees, as a body, in accordance with the Charities Act 2011. My work has
been undertaken so that I mlght state to the charlty's trustees those matters l am required to stste to them in an
independent examinerfs report and for no other purpose. To the fullest exlent permitted by law, I do not accept or
assume responsibility to anyone Other than the charily and the charity's trustees as a body. for my Independent
Ex8minatlon, for thls report. or for the oplnions I have fomied,
Re8pectlve respon8lblllt193 and ba8ls of report
As the charlty's trustees of the Company (who are also the directors of the company for the purposes of company
law). you are responsible for the preparalion of the accounts in accordance with the requirements of the Companies
Act 2006 ("the 2006 Act.).
Havlng satlsfied myself that the accounts of the Company are not requlred lo be audited for thls year under Part 16 of
the 2006 Act and are eligible for Independent examlnatlon, I report In respect of my examlnatlon of your charfty's
accounts as carried out under section 145 of the Chariti85 Act 2011 ("Ihe 2011 Act"). In carrying out my examlnatlon, I
have followed the Dlrectlons glven by the Charity Commission (under section 145(5)(b) of the 2011 Act.
Ind•pondent oxamlnerf8 statement
Th8 Gompany's gr05s Income exceeded £250,000 and l am quallfied to undertake the examlnatlon by belng e quallfled
member of the ICAEW.
I have completed my examlnatlon. I conflrm that no maleri81 matters have come to my attentlon whlch glves me cause
to belleve that:
accountlng records were not kept In accordance wlth secllon 386 of the Companles Act 2006; or
the accounts do not accord with such records., or
the accounts do not comply with relevant accountlng requlrements under section 396 of the Companles Act
2006 other than any requirement that the accounts give a 'true and fair, view which is not a malter Gonsidered
as part of an independent examlnatlon., or
the accounts have not been prepared In accordance wllh the Charllies SORP (FRS102).
I have no concerns and have come across no other malters in connection with the examination to whlch altentlon
should be drawn In thls report In order to enable a proper understandlng of the accounts to be reached.
SAMIR SHAH ACA
RAMON LEE LTD
93 TABERNACLE STREET
LONDON EC2A 4BA
.10.2024

THE FOOD CHAIN (UK) LIMITED
CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES
(INCLUDING CONSOLIDATED INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31ST MARCH 2024
SUMMARY INCOME AND EXPENDITURE ACCOUNT
Unrestrlcted Restrlcted
Funds
Funds
Total
2024
Total
2023
Note8
Income
Grants, donations and legacSes
111,353
111,353
121,113
Charitable actlvities
99,100
133,193
232,293
343,035
Other income generation actlvltles
89,525
89,525
59,660
Investment Income
71
71
98
Total Income
300,049
133.193
433.242
523,906
Expandltura
Ralslng funds
Charitable activltles
48,758
201,353
48,758
386,352
64,442
520,827
184,999
Total expendlture
250,111
184,999
435,110
585,269
Nèt Incomel(expendlture) and net movement In
funds for the yoar
Reconclllatlon ol funds
Total funds, brought forward
Total fund8, carrled forward
49,938
(51.806)
(1.868)
(61.363)
(29,831)
20,107
53,359
23,528
84.892
1,553
21,660.
23,528
The Stalement of Financial Activities InGludes all gains and losses recognlsed In the year.
All Incoming resources and resources expended derive from Continuing activities.
The notes on pages 13 to 23 fomi part of these accounts.
io

THE FOOD CHAIN (UK) LIMITED
CONSOLIDATED BALANCE SHEET
AS AT 31ST MARCH 2024
GROUP
2024
GROUP CHARITY CHARITY
2023
2024
2023
Notes
Flxed assets
Tangible assets
Investments
12
13
17,354
26,030
17.354
26,030
Total Flxad Assets
17,354
26,030
17.355
26,031
Current a880ts
Debtors
Cash at bank and In hand
14
7,908
44,215
4,691
30,772
10,551
43.808
7,125
30,366
Total Current Assets
52,123
35,463
54,359
37,491
Llabllltles
Creditors falllng due wthln one year
15
(47,817)
(27,965) (47,817) (27,605)
Net Current Assets
4,306
7,498
6,542
9,886
Creditors falllng due after more than one year
15
(10,000)
(10,000)
Net a5sots
21.660
23,528
23,897
25,917
The funds of the charlty:
Unrestricted funds
Restrlcted funds
16
16
20,107
1,553
(29,831)
53,359
22,344
1,553
(27,442)
53,359
Total charfty funds
21,660
23,528
23,897
25,917
In preperlng these flnanclel statements..
For the financial perlod ended 3111 March 2024 the company was entltled to exemption from audtt under section 477
Companies Act 2006. No member of the company has deposited a notice, pursuant to section 476, requirlng an audlt
of these financlal statements under the requlrements of the Companles Act 2006.
The trustees acknowledge thelr responslbillties for ensuring that the charltable company keeps accounting records
which comply with sectlon 386 of the Act and for preparing financial slalements which glve a true and falr vlew of the
stale of affalrs of the charitable company as at the end of the financial period and of Its surplus or deficit for the
financial period in accordance with the requiremenls of sections 394 and 395 and which otherwise comply with the
requirements of the Companies Acl 2006 relating to accounts, so far as applicable to the charitsble company.
These financlal slatements have been prepared in accordance with the provisions applicable to charitable companles
subject to the small companies, regime within Part 15 of the Companies Act 2006.
These accounts were approved by the Board of Directors and Trustees on 24.10.2024 and signed on Its behalf by:
Christopher Buckley
Company No: 02580505
The notes on pag@s 13 to 23 form part of these accounts.
li

THE FOOD CHAIN (UK) LIMITED
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31ST MARCH 2024
Notes
2024
2023
Cash used In operatlng aGtlvltles
18
13.372
(59,399
Cash flows from Invostlng actlvltleB
Interest Income
Purchase of tangibla fixed assets
Purchase of Investment
71
98
Cash provlded by l (used In) Investlng aGtlvltles
71
98
Cash flow8 from flnanclng actlvltles
Repayment of borrowing
Cash inflows from new bOrro￿ng$
Interest on borrowing
Cash used In flnanclng actlvltlg8
Increase l (decrease) In cash & cash equlvalents In tho year
13.443
(59,301
Cash & cash equival8nts at the beglnnlng of the year
30,772
90.073
Total cash & cash equlvalents at the end of the year
30,772
12

THE FOOD CHAIN (UK) LIMITED
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31ST MARCH 2024
ACCOUNTING POLICIES
1.1 Basls of preparatlon of accounts
The financlal statements have been prepared In accordance with Accounting and Reporting by Charities:
Statement of Recommended Practice appllcable to charities preparing thelr accounts In accordance wlth 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
Companles Act 2006. The presentatlon currency of the flnanclal statements Is the Pound Sterllng {£).
The Food Chaln (UK) Limited meets the definltlon of a publlc benefit entity under FRS 102.
The accounts (flnanclal stalem8nts} have been prepared under the hlstorfcal cost conventlon wlth Items
recognised at cost or transactlon value unless othernise stated in the relevant note(s) to these accounts.
1.2 Preparatlon of accounts on a golng concem basls
The charity's Flnanclal Statements show net deficit of £1,888 for the year and free reserves of £22,344 as at the
year end. The Trustees are taklng steps to reduce costs and secure additional funding so that the charity is able
to operate on a Satisfactory basls and are confldent that the charity can continue to operate on a golng concem.
1.3 Group flnanclal statement8
The group financial statements consolidate the accounts of The Food Chain (UK) Limited (Ihe 'company') and
It's wholly owned subsldlary, The Food Chaln Kltchen Llmlted. The Dlrectors have taken advantage of the
provlslons of Secllon 408 of the Companles Acl 2006 and do not present an individual profit and loss account
for the company.
1.4 Income
Income Is recognlsed when the Charfty has entitlement to the funds. any perfomiance condltlons attached to the
Item{s) of Incom8 hav8 been met,1118 probable that the income wlll be recelved and amount can be measured
reliably.
Income recelved by way of grants, donatlons and legacles are Included In full In the Statement of
Financial Activities when received, unless they relate to a specified future perlod, In whlch case they are
deferred.
Income from charitable activities received by way of revenue grants and donations are credited to
reslrfcted Incomlng resources on the earller dale of when they are recelved or when they are recelvable,
unless they relate to a specified future period, in which case they are deferred.
Grants, donations and legacles of general nature which are not conditlonal on dellvering certaln levels of
service are included as part of Grants, donations and legacles as shown under note 2 and 3.
Capital grants for the purchase of fixed assets are credited lo restricted Incomlng resources on the earller
date of when they are recelved or receivable. Deprecatlon on the related fixed assets is charged against
the restricted fund.
Facility hire income is recognlsed as eamed {that1s. 88 the related services are provlded).
Fundraislng income are credited to incoming in the year in which they are received, as in practice this
represents a receivable basis.
Income from activities includes Income recognlsed as earned (as the related goods and services are
provlded) under contract.
Investment income is included when receivable.
1.5 Volunteers and donated servlces, facllltles and goods
Donated professlonal services and donated facilitl8s are recognlsed as Income when the charlty has control
over the item, any conditions associated with the donated item have been mel, the receipt of economic benefit
from the use by the charity of the item is probable and that economic benefit can be measured reliably. In
accordanc& with the Charities SORP (FRS 102). the general volunteer time of the Charity is not recognised in
the main body of the financial accounts but detail is coniained in the Trustee5 report.
On receipt. donated professional services. donated facilities and goods are recognised on the basis of the value
of the gift to the charity which is the amount the charity would have been willing to pay lo obtain servlces or
facilities of equivalent economic benefit on the open market. a corresponding amount is then recognised in
expenditure in the period of receipt.
13

THE FOOD CHAIN (UK) LIMITED
NOTES TO THE ACCOUNTS (Contld)
FOR THE YEAR ENDED 31ST MARCH 2024
1.6 Expendlture recognltlon and Irrecoverable VAT
Expenditure Is recognised once there is a legal or constructive obligation to make a payment to a third paty, it is
probable that settlement wlll be required and the amount of the obligatlon can be measured rellably.
Expenditure is classified under the following activity headlngs:
(a) Costs of generatlng funds are those cost Incurred In attractlng voluntary Income and those Incurred In
other trading activities that ralse funds.
(b) Expendlture on charitable actlvltles Includes the costs dlrectly assoclated food dellvery servlces and
education and outreach services, to further the purp)ses of the Charity and thelr associated support
costs.
Irrecoverable VAT Is charged as a Gost agalnst the actlvlty for whlch the expendlture was Incurred.
1.7 Allocatlon of support costs
Support costs are those functlons that asslst the work of the charlty but do not dlrectly undertake charltable
activities.
Support costs include back-offlce costs, financ8 and admlnlstratlon personnel, payroll and
gov8rnance costs which support the Trust's programmes and aclivilies. Th88e costs have been allocated
be￿een cost of ralsing funds and expenditure on charitable activitie8, The bases on which support costs have
been allocated are set out In note 8.
1.8 Fund's Structure
The general fund comprlses those monles, whlch may be used toward meetlng the charltable objectlves of the
company at the discretion of the Management Board.
The r8slricted funds are mon18s raised for, and thelr use restricted to, a speciflc purpose or donatlons subject to
donor-lmposed condllions.
1.9 Penslon costs
The charlty operates a defined contrlbutlon penslon sGheme on behalf of Its employeos. Contrlbutlons are
charged lo the Statement of Flnancial Activitles in the period In whiGh they are payable. The essets of the
scheme are held separately from those of the charfty In an indapendently admlnlstered fun
The penslon cost charge represents contributlons payable by the charity to the fund and amounted to £19.836
(2023 - £14,425). Contributions totallSng £2,043 (2023 £1.792) were payable to the fund at the year end and
aro included in creditors.
1.10 Operatlng leases
The Charity classlfies the leas8 of property and copler r8ntal as an operallng lease, Tha rentals are charged to
the Statement of Financial Activities on a straight-line basis over Ihe lease duration. No assets are held under
hlre purchase agfeements.
1.11 Debtors
Trade and other debtors are recognSsed at th8 settlement amount due after any trade dlscount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due,
1.12 Tanglble fixed assets
Tangible fixed assets are stated at cost less depreclation. Indlvidual fixed assets cosling £500 or more are
capitalised at cost.
Depreciation is provided at rate5 calculated to write off the cost or valuation of fixed assets, less their estimated
resldual value, over thelr expected useful lives on the following bases:
Asset Category
Annual Rate
Office equipment
15tt10 on the reducing balance basis
Kitchen equipment
33Vo on the reducing balance basis
Leasehold improvements
150/0 on the reducing balance basis
14

THE FOOD CHAIN (UK) LIMITED
NOTES TO THE ACCOUNTS (Contld)
FOR THE YEAR ENDED 31ST MARCH 2024
1.13 Cash at bank and In hand
Cash at bank and in hand includes Cash deposits and short tem hlghly liquld investments with a short maturity
of three months or less from the date of acquisition or opening of the deposit or similar account.
1.14 Credltors and provlslons
Credilors and provisions are recognised where the charity has a present obligation resulling from a past event
that will probably result in the transfer of funds to a third party and the amount due to settle Ihe obligation can be
measured or estimated reliably. Credilors and provi36ons are nornially recognlsed at their settlement amount
after allowing for any trade discounts dug,
1.15 Flnanclal Instruments
The Trust only has financlal assets and flnanclal Ilabllitles of a klnd that quallfy as ba8lc flnanclal Instruments.
Basic financial instruments are initially recognlsed at transactSon value and subsequently measured at thelr
settlement value with the exceptlon of bank loans which are subsequently measured at amortised cost using the
effective interest method.
1.16 Judgement and key sources of estlmatlon uncortalnty
In the application of Ihe charity's accountlng policles. the charfty Is requlred to make Judgments, estlmates and
assumptions about the carrying amount of assets and liabilities that are nol readily apparent from other sources,
The esllmates and assoclated assumpllons are based on hlslorlcal experlence and other factors that are
considered to be relevant. Actual results may differ fram these esllmates.
The estimates and und8rllng assumptlons are revlewed on an ongolng basls. Revlslons to accounllng estlmates
are recognlsed in the period in whlch the estimate is rovised where the revision affects only that perlod, or In the
period of the revlslon and future periods where the revislon affects both current and future periods.
GRANTS, DONATIONS AND LEGACIES
Unrestrlcted R•strlcted
Fund8
Fund$
Total
2024
Total
2023
Donatlons
Glft Ald
104.250
7,103
104,250
7,103
115,878
5,235
111,353
111,353
121,113
The grants, donations and legacies income In 2023 totalllng £121,113 was attrlbuted to £15,000 restrfcted funds
and £106,113 unrestrfcted funds.
15

THE FOOD CHAIN (UK) LIMITED
NOTES TO THE ACCOUNTS (Conud)
FOR THE YEAR ENDED 31ST MARCH 2024
CHARITABLE ACTIVITIES
Grants and donations:
Unrestricted Reslrldod
Funds
Funds
Total
2024
Totsl
2023
Food dellvory s8ry1¢es.'
Lottery Community Fund
City Bridge Trust
The Natlonal Lottery Fund
M,A.C Aids Fund
The Mlll Charitable Trust
Terrence HlggSns Trust
Other funders
Evan Cornish Foundation
90,000
39,363
90,000
42,463
120,000
58,222
44,813
30,000
30,000
15.000
15,000
10.000
3,100
20,000
30,000
10,000
11,000
20,000
30.000
10,000
12.000
1,000
74,100
130,363
204,463
323,035
Educatlon and outreach..
Wandsworth Oasis
25,000
25.000
99,100
2,830
2,830
133.193
27.830
27.830
232 293
20.000
20,000
343,035
Total
The Income from charltable actlvltles In 2023 totalllng £343,035 was attrfbuted to £227,813 restrlcted funds and
£115,222 unrestricted funds.
16

THE FOOD CHAIN (UK) LIMITED
NOTES TO THE ACCOUNTS (Conud)
FOR THE YEAR ENDED 31ST MARCH 2024
OTHER INCOME GENERATION ACTIVITIES
GROUP AND CHARITY
Unrestrlcted
Total
2024
Total
2023
Restrfcted
Collections and Events
Community Caf& Catering Income
Other Income and Partnerships
48.126
48,126
28.606
14.467
16,587
41,399
41,399
89,525
89,525
59,660
The Income from other Income g8neratlon actlvltles In 2023 totalllng £59,660 was all attrlbuted to unrestrfcted
funds.
NET INCOME FROM TRADING ACTIVITIES OF SUBSIDIARY
The wholly owned trading subsidlary, Food Chaln Kitchen Limlted, which is registered In England and Wales,
pays all but a small proportlon of Its proflis to the charity by glft ald. The prlnGlpal acllvlty of the subsldlary
company is that of catering services.
The charity owns the entlre Issued share capital of 1 Ordlnary Shares of £1 each. Accounts are filed with the
Reglstrar of Companles. A summary of the tradlng results for the year ended 3111 March 2024 Is shown below..
2024
2023
SUMMARY PROFIT AND LOSS ACCOUNT:
Turnover
Cost of sales
Administration costs
Bank Interest recelved
180
(360)
Net proflt
180
(360)
Amount glft alded to the charlty
Retained In subsldiary
180
(360)
The as8ets and Ilabllltles of tha subsldlary were:
Current assets
406
406
Current liabilities
(2,643)
(2,823)
Total nat assets
(2,237)
{2,417)
Aggregate share capltal and reserves
(2,237)
{2,417)
17

THE FOOD CHAIN (UK) LIMITED
NOTES TO THE ACCOUNTS (Conud)
FOR THE YEAR ENDED 31ST MARCH 2024
RAISING FUNDS
Raislng
Funds
Total
2024
Total
2023
Staff costs
Fundraising activities
Support costs (Note 8)
Govemance costs (Note 8)
36,124
36,124
42,508
5.010
11.948
4.976
64,442
12,286
348
48.758
Of the £48,758 expandilure in 2024 {2023 £64,442). £48.758 was charged to unrestrlcted funds (2023
£64,442) and £nil to restricted funds (2023 - £nil).
12,286
348
48.758
CHARITABLE ACTIVITIES
Food dellvery Educatlon &
servlc85
Outreach
Kltchen
servlce•
Totsl
2024
Total
2023
78,202
30.905
201.023
94,152
8,673
2.235
8,676
69.621
1,972
386,352
246,841
98,097
90,402
1,828
13.014
50,965
19,680
520.827
staff costs
Dlrect project costs
Kitchen runnlng costs
Volunteer costs
Depreciation
Support costs (Note 8)
Govemance costs (Note 8)
122,821
58,444
4,803
8,673
2,235
8,676
3.278
93
40,954
1.160
223,379
25,391
719
137,451
25,522
Of the £386,352 expenditure In 2024 {2023 - £520,827), £201,353 was charged to unrestrlcted funds (2023
£317,848) and £184,999 to restriGted funds (2023- £202,979).
ANALYSIS OF SUPPORT AND GOVENANCE COSTS
The Charity Initially identifles the costs of its support functions. It then Identlfies those costs whlch relate to tha
governance function. Governance costs and other support costs are apportioned separately between charity's
three key actlvities undertaken (see note 6 & 7) in the year. All the general support and governance costs have
been apportioned to the various charitable activities on the basis of staff time allocated to each activity.
Support Governance
Total
Total
costs
costs
2024
2023
Staff costs
Stsff trainlng and welfare
Premises
Volunteer costs
Communication costs
Computer and website costs
Other office costs
Trustee Recruitment
Professional fees and evaluation
Independent examination
25.280
890
2,265
1,396
5,302
4.585
20,544
25.280
890
2,265
1.396
5,302
4,585
20,544
19,184
6,525
13,266
1.320
5,562
5,183
4.094
1,520
27.826
2,700
21,646
21,646
2,320
2,320
81.907
2,320
84,227
87,180
18

THE FOOD CHAIN (UK) LIMITED
NOTES TO THE ACCOUNTS (Conud)
FOR THE YEAR ENDED 31ST MARCH 2024
NET INCOME I (EXPENDITURE) FOR THE YEAR
2024
2023
Depreciation of tangible fixed assels
Operating lease payments- rent
Independent examlnatlon fees
other non-audit fees - payroll and accounts preparation
8,676
13.014
38.300
2,700
360
3,400
10. ANALYSIS OF STAFF COSTS, TRUSTEES REMUNERATION AND EXPENSES. AND COST OF KEY
MANAGEMENT PERSONNEL
STAFF COSTS
2024
2023
Wages and salary
National Insurance
Pen8lon
210,584
15.779
10,784
237,147
271,872
22,237
14,425
308,534
No employee recelved remuneratlon In excess of £60,000 durlng the year,
No Tnjstee received any remuneratlon durlng the year (2023 - £nll). No Trustees recelved relmbursed
expenses during the year (2023 - £nll).
The key management personnel of the charlty comprlse the two Dlrector and Kltchen servlce5 manager. The
total employee benefits (includlng healthcare benefits) of the key management personnel of the charlty were
£139,030 (2023- £126,876).
11. STAFF NUMBERS
The average monthly number of staff employed, calculated as full tlmo equivalgnt, during the year was as
follows:
2024
2023
Food delivery servlces
Education and outreach
Kitchen
Fundraising
Management and admlnistrative work
Total
The average monthly number of employees during th8 year was 7 (2023: 9).
19

THE FOOD CHAIN (UK) LIMITED
NOTES TO THE ACCOUNTS (Conud)
FOR THE YEAR ENDED 31ST MARCH 2024
12. TANGIBLE FIXED ASSETS
GROUP & CHARITY
2024
2023
NET BOOK VALUES
Leasehold improvements
Kitchen equipment
Office equipment
17,354
26,030
17,354
26,030
MOVEMENTS IN YEAR
ostorv
Openlng
Balancos
Closlng
Balanc88
Addltlons
Dl8po8als
Leasehold Improvements
Kitchen equipment
Office equlpm8nt
70,745
80,691
1.008
70,745
80,691
1,008
152,444
152,444
Openlng
Balances
Charge
For Yoar
Closlng
Balances
DI8P08als
Leasehold Improvements
Kitchen equlpment
Offlce equlpment
70.745
54,662
1,008
70,745
63,338
1,008
8,676
126,415
8,676
135,091
13. FIXED ASSET INVESTMENTS
GROUP
2024
CHARITY
2024
2023
2023
Investment at cost
The Investrnent shown above represents the cost of the entire issued share capital of the subsidiary
und8rtaking. Food Chain Kitchen Limited. which is incorporated in England & Wales. Results of the subsidiary
are set out In note 5.
14. DEBTORS
GROUP
2024
CHARITY
2024
2023
2023
Amounts due by subsidiary undertaking
Prepayments and accrued income
2,643
7.908
2.463
4.691
7.908
4,691
7.908
4.691
10,551
7,154
20

THE FOOD CHAIN (UK) LIMITED
NOTES TO THE ACCOUNTS (Contld)
FOR THE YEAR ENDED 31ST MARCH 2024
15. CREDITORS FALLING DUE WITHIN ONE YEAR
GROUP
2024
CHARITY
2024
2023
2023
Other creditors
Accruals
Deferred Income
6.114
11,703
30.000
47,817
7,797
10,170
10,000
27,967
6,114
11,703
30,000
47,817
7,797
9.810
10,000
27,607
CREDITORS FALLING DUE MORE THAN ONE YEAR
GROUP
2024
CHARITY
2024
2023
2023
Deferred Income
10,000
10.000
10,000
10,000
16. ANALYSIS OF CHARITABLE FUNDS
Balance a8
at 01.04.23
Balance ab
at 31.03.24
Incomg
Expendlture
Restrlcted funds:
Lottery Communlty Fund
city Bridge Trust
The Nallonal Lottery Fund
Other funders
Wandsworth Oasls
Ocado Retail
90,000
39,363
90,000
52,588
33,673
1,884
13.225
33.673
1,000
2,830
1.553
5,577
53,359
5,577
184,999
133.193
1.553
Unrg8trlcted funds:
General funds
(29,831)
23,528
300,049
250,112
20,107
433,242
435,111
21,660
21

THE FOOD CHAIN (UK) LIMITED
NOTES TO THE ACCOUNTS {ConUd)
ST
FOR THE YEAR ENDED 31 MARCH 2024
Analysls of charitable funds - prevlous year
Balance as
at 1.04.22
Balanco as
at 31.03.23
Income
Expendlturn
Restrlcted funds:
Lottery Community Fund
Clty Brldge Trust
The Natlonal Lottery Fund
Other funders
Ocado Relail
120,000
53,500
44,813
9,500
15,000
120,000
53,800
11,140
8,616
9,423
13,525
13,225
33,673
884
5,577
13,525
242.813
202,979
53.359
Unre8trlcted fundi:
General funds
71.338
281,093
382,262
(29,831)
84,863
523,906
585,241
23,528
16. ANALYSIS OF CHARITABLE FUNDS (contlnued)
Descrlptlon, nature, and purpo8a of funds:
Clty Brldge Trust - Flve-year fundlng towards the Pfolect to support dlsedvantaged PLWHIV wlth speclallst
dieletlc, nutritlon support as well as volunteering 8nd work experience opportunities to support transltlon to
Independence. Fund ends 3011012024.
London Catalyst- Samaritan grant of £1,000 recelved for the rellef of hardshlp.
eneral ftinds..
General fund represents funds available to Spend at the dlscretlon of the Trustees.
22

THE FOOD CHAIN (UK) LIMITED
NOTES TO THE ACCOUNTS (Convd)
FOR THE YEAR ENDED 31ST MARCH 2024
17. ANALYSIS OF GROUP ASSETS BETWEEN FUNDS
Unrestrlcted Restrlcted
Tolal
Tangible flxed assets
Net current assets
17,354
2,753
17.354
4,306
1,553
20,107
1,553
21.680
Analysls of group a¥¥et$ between funds - prevlous year
Unrestrlcted Restrlcled
Total
Tanglble flxed assels
Net current assets
26,030
(55,861)
28,030
(2.502)
23.528
53,359
29,831
53,359
18.
RECONCILIATION OF NET MOVEMEKf IN FUNDS TO NET CASHFLOW FROM OPERATING ACTIVITIES
2024
2023
Net movement In funds
Add back depreclatlon
Deduct interest income shown in Investment acllvltles
Decrease l (increase) In deblors
Increase l (decrease) In credllors
Net cash used In operatlng actlvltlos
(1,868)
8,676
(71)
(3,217)
9,852
13,372
(61,335)
13,014
(98)
2,431
(13,411)
(59,399
19.
SHARE CAPITAL
Tha company is limited by guarantee and does not have a share capital divlded by shares.
20.
RELATED PARTY
During the year, there was no related party transactions.
23