REGISTERED COMPANY NUMB. 03680184 (Ellgland and Watesl REGISTERED CHARITYNUMBER: 1075477 Faroshoro Yorkshl Llmltad FlnancSal Siatsm•nts For The Y•ar End•d 31 March 2024 ng5wrtsJ hjlotts timlied. Slatutory Audltr)r Shlings Crt Lakeside Doncaster South Yt)thshlre DN4 5NU
Pag¢ Rtport ofthe Tru¥tMs 1 to 8 R•port of th• Ind•pendl Audltorn 9 to 10 Statem•nt ol Flnancl81 Ad¥Mles Balanco She•t 12 Cuh Flow Stalorn•nt 13 Notsi to th• Cath Flow Statom•nt 14 Nots810 the Fin¢111 Stotements 15 lo rJ
The Tru51ees %ho 8ye dso directots of the charity for the purpc6es of Ihe Companies Ad 2006. present Iheir rep)rt wfh the finandal statements of the charfty for Ihè year end 31 March 2024. The Tnjstees have adopted the proviwns of Acc4Junting and ReIr#j by Charibes.. Statet ol Rocommended PracUc8 appll(xt48 lo chariles prgparlng thelr aceeunts In COrdan the Financial Reporllng St8nd8rd appllcable In Ihe UK and Repuhlc ollr8land IFRS 1021 leffedive 1 January20191. OBJECTIVES AND ACTNinES ObjectivBs and aims The charitys purposes ar8 sel crfjt in ol'ects contanBd meThx3ThJum (Ma[ation. The alffl ol the charity as sel r in the oblects is lor the refief of PLXY persons aml pmeNaUon and protsction of good health, in parbcular but not 8xclusivety for those vtho are h)meless by thtr eolledion and dkstribubon ol IcJd arbj the athannI of the educ8tr'oD and training of such p8rson5. Th8 Tru818es have r8lerr&J lo th6 guldaneh In the Charity ComTr.i&sion's general guida1 public benafit wn rewElr@ alms and objectives and In anning luture actNSties, In parlcular, th8 Trustths CQTr51derhJw plA&j xbviues nIribU to 8wns th8y have set. Fareshare Yorkshire intercepts qulty Surplus fcod that CpanIeS would oth&pMse w8sts 8nd fBdistributes11 to 400 frcfidlne organisalons each y&ar. The food prOded becomgs surplus to reasons such as OVW-ordering, pcor le¢aSn0. swafication errors, Short sheK life, mlspackaging. n8wpruct d8V8h)prnen¢ product trials, nunorproduthn errors rnlnoTquafty cc4)trol leC5. Th8 charilles, ec¢nmunSty groups ar#J schcds thal recdve 11¥8 loNi w8 Oft a for some In need in a aty, ton or 16. Faresharo Yrtshlre supports refuges, hosp, homeless shdter5, dr¢)p4n tentrBs. soup kitchens. trfeakjasl ¢bs, community halL%, fwd p8ntrl88 and foodbanks, lunch clubs, and many other ndS ol p81(. They Supp people need help becaus9 of drfer8nl issugs such 85 Lsolabon, addSction, d8bl, homel88sn8SS, abusè. 8Woitst'on. dostitution, unémployrnen(111-hedth, ofafford8trJ8 fcoj acc8ss and otherfoms of thi818. FarfjSha YofAshire operates H rtntre in Bamsley centrFs in Leed5. thjr di5tiibth)n from here covets areas such a5 B8rn818y, Roth8rharn, Sheffield, Don¢oster, Leeds, Wakefield & The FNe Towns, Bradford, Hudd8rsfi6kl, HlfaK. 8ptrn, Keiyhley, Ytxk. Hgrroyate 8nd Makn. Frorn our Ihrge treS we offer 8 b6spoke in.house emtty8blty progranTh thBI D)mwls88 d vaths forms of vc4unteerfng and dWekpMI opportunilas such as aceffdiled and handSn ware1cSe traiiing as wel as co&kery skls. The indUSn of cookery training onables us lo build Personal resili8nc8 and empower frDnttlne worfKers (both p&J and bultrfaryl lo tske sklls back kn Ihe d)ariti88 seNo, whpre they can bg Implemented forthe benefflol a soup kitchen forey2mple. W8 SUPPOrt Indmduals who ar8 often f8r from Ihe job market vilh a vltrv lo them gairthg the sort and hard sklls. confidence and Televant eNErien need lo move Into and retsln ern018n In Ihls way our Twslees Intend Ihal Fareshare Yorkshire should oparate as a stepp¥ngtone for wp18 In need and a reBource for good residents of Ihe c4mmlIS93 wherg our OF4raOorkS we bgs8d. Det1$ ol specmc 81rn8, aclmb'es and acthl8v&Thnts are Ind In ALIEvementsand Perft¢rn* Section ofthe Trusts85 Report Page I
STRATEGIC REPORT AthI8v•nl and perfomian¢g Adivillos and Projècts Fareshare Yorkshlre has a bleTrJ of bofh reslricled urmlrKted fundi that OFerat8 the In the finanaal year to 31 M8rch 2024 these indudwj.. CO Unrestricted FU11 Far8Shwe Yortshlre Is one 0118 r8gi¢Mal chwities that cryrtse Iha Farnshare We th in parlnethp th FareShar8 UK trk natIOD fo distribJtton tho1ity, to 8OUft¢, Inlercept aThJ r&dlslribJ walitykn4ale sjtpjus Ihe UK Fttl Industy. In Ihe year 202>24, F8reShare Yorkshire re-dislrityJt8d 1,980 of fcoj from 550 food 511e5 to 400 thaiibes. community gmps, sd)0015 and related proj8cts such as Or that hollday Iwngerfvsel p0d5 oflhe year. Thls contrfbuled £6.5M of food trj organls815ons. bcosted by frozers SJfF4us that was acxapted by 108 organlsalons. FrOn surplu5 eomprfsed 11% 01 suppty cornp8red lo 1% pre-2021. CNddly. abJulcn&thlrd ol 11 Ihg foc¥1 was Ir85h tr1 and vegetat489 In totaf we conlrfbuled IOWA5 an av8rag8 0190,000 meals per we8k. The level of demand for fD)d ks rfmn sh tlwh Ihe costlM Crtsi$, l¥)th from our w8Ung pathr5 and from organisalion5 that hBvg reached out lor our heip. Many of wr partne are se0rj as muth surplus wlth as much Ille and nutritlon as possible to 8n$ur8 Ihal fafflllies and Indivlduals across theircOmnune5 have access tothe t( they rth1. We work in close partnership wlth local authorrbgs auoss Y(lksre and gstsblshed &xal naticlwl loc¥J povwty netswrk5 to addres$ the root eauses oli¢ott insecurity and crealo wovion to suptlytfronllne agencios atsj proMder& In addibon to our ernployabS1fy wcgrarnmo, we provid8 volunteering 0pWrbJntt fr¥ pK)ple wth th8 alm ol pjsilvety impacting bolh them and Ihglr comrnunllles. On a personal level ttws r8duces Isolats"on,' bu5 skills, confidenc and exF4nenc4' and enab3 them to play a viial rol8 In thg heart of thglr community. Volunlews fomi the b8cktK)n8 of the or580, and wp Uld not be able to meet th& demand for the surplu8 fotrj without ttelr dgdical¢)n lo the ¢harfty. Peoplg across Yorkshlre can o)ntrfbute In a hend$ wdy b) the work ol FarEShor6 Yth8Nre several rteeng roles bul primarily: the CkIng and paCrrfJ olquthty fool vAthin onB of Jr¢entr65 In readlness f0rd18tnbn. 8nd the deliv8rfng of up io elghlordws a day. gouw frun charity to th8 nax( by uskng 8 th1118d Far¢Share Yortthrfr v. In additlon to thL% have our Board ofTrusteos wh) ded1rAitrumO as volwtews b govem our0r9LIa0n. In Ihe finanGLql year 2024 wg recetved veluntsry WFPOrt t+ suddn and ow provtston. Pylo SlwFrfed us In all ndS d way8 suc as for a single day on behatt of a business or puL boty, ce a week from ow communty, or mult.de times a week as part ol an employability prcgramme. Kl Idd they provlded in excoss of12,300 hour5 of their ljme an iTrknd ccrfrtr1tr.0n b Far8Shar8 Yotshira. totalled £134.000 in value based on the Lfviro Wage Foundation's tK)urfy ral8 In that finanoal year. sotHa During the finandal year we rals&J lund$ Ihrowh the Big GTv8 in the Spmg 012023. Bettys and Talors Gup sged funded ourparUcipaUon so that together ith indfvwjual gifts we COU reduce Ihe amount ol &nWse Flastc pallet rdP we used in our owtion. We Initialty lrialled purchasing poll¢l nets which wero not deemed sultrdblE on a bass teforè wrthasing and uOli%ing pallet bands and $trap5. This durable and reuSaL9 8qulpmenl has SnIfican1Y reduced the amount of plastic wrap we have had to purchase, reduced our impad on the gnvSronrnenl and SnE a light on Ire responsible pra¢Jce5 to locJ operatorn in bJth Ihe prf¥al8 and third sedors. The balan of the frjnds wll be utilised to wnfjnue radudng slngl&u$e 85b'cS I'n lsabl as ThWJ as ow hider hnpact on the envir(ment Th1515 in kne 1th r object arou the co1C)i0n and distrltyjts'on olfoLXJ. Page 2
ès Repo1 Ible lobBI Givl and CUM Funds wgro recsived to 8nablo FareShBTe YorksFire to purthè5e ofkdle frEew swg to intetcqpl huhervcltThs ol high vduB fo&ds as kney berAme surplus. Some Ton of this a$ earmirked for addiUonal (Trwte fro storage, b. ublity o)sts th spikad CauSe of tho Cosl-ol-Living Crisis, m8knryJ that unsustainable. Ai the end of the pro11 pericxl the tunders agreed fTrat the lance fxsuld b& utilisod towards the Incrgased cc6ts olopgrating on-sito frozen stor4e. Thi5 ns viti our oty'ect armd the conedm aTrJ distr.ltiOn ofltxjd. Evan Comth Foundation Thls Is 8 grant fund whlch njns from January 2024 lo D8cernb8r 2024 In rnlatron to lh8 Staffing c¥Jsts d¢Jur Frf17b thhan. It ligns vith ow obl8Ct around the 8dvantémant of eoueation and tralniw of suth petsons. Funding was rec8pied lo purchase 8 new refrigerdbl v8n which will help us lo dislribuio the surF4us we fKrfn eompanltss for the Mtsl fron1je organi5ations we seNa. TN5 ollgns wilh ourobi8Ct around th8 conection arwj dlsbibulon of ftx>I. Far8SharB UK Fud Contrfbulbn An agreernenl with Fareshare UK ts the pUSe ol funding bjel costs lor the orgwbation's v$ Ix the ol January 2024 tr) Dècemb8r 2024. Th15 alSgns our oblgd arLund tho caEl8clon and dlstrlbution ol lood. F reshare UK Yorkshiro Buildi . Warehousii A tsyo.year prolecl frjnded by Yorkshlre Bu1hlkng Sodety vl8 Fareshare UK thlch CmenCed In Febnjary 2024. Funding towards dIng 8mployablllty opportsJnlUes across the ihre& warehouses Me OFernte for peoF4e slnjggling to ant theb market or thw h1Nd to fvrthar s115 lo enter the lob rnathel. Those skA15 are based arouTrJ WBrehou5ing and indude aGlled TIj1 tN¢k Iraining and othertrainirg whl¢h may be idenlfled appropriats foTindiwduo15 invow. 11 dignswth ourc1> 8fC4Jnd thp 8dvanGemgntof PJJUCati tr8inirwJ of SLKh pw50n5. ForeSh8re UK Ythshlr8 Bull¢Jl Sod Em -ou8 A h¥tryvdr prdect funded by Yorkshire 8ulldlng Sodety Fareshwe UK conNnenc8d in Marth 2024. ThLq lundkng allows our Communlty Outreath Manapr lo organlse workshop8 in the cwmunty based 8round n1. In addrfion, they Mll prtySd8 one-ttrone ¢fAehSng for Indmduals around Wellng gs wdl as reddln8&8. 11 ns ouroble¢Laround th8 ¢01•1UtluN 8Th1 trdning of such perno. unel The pU05e ol Ihg grant wo$ to wowde supwrt to Ivjseholdi Ihose in[1 children nSiCe to help them with thg signfficant rise In living costs. Rotherham Metro litan Boro h Council Crisis Su The grant was used for the addrfonal SUpY of fDJd, strye dIthbut1 to ComMty Food mwnter8 and m•Je avallatAe to 5upermartets and pantrles as port of Ihe Gris15 In foad par(t$. strategi¢ A¢tio The B08rd ol Trustees and the SerNor Leadership Te8m conltnue io torxts ¢M the rnaln oilects of the dtarfty, In Vdrlicu18r the need to COnne e5tabli5hing links swth food comp8nie5 and frondine chaiitses. cornmunity giDUPS. schDrA5 aTKI related pro1ls. Regular updates through key stakeholdèrs allow us to forecast what change5 Mig ot£ur regards to the provision of surplus food. We to that our Communty Food M6mb&rs can utilise the available Suu$ in a Mearn[l waythal helps reduce fothj sThrty 2nd f)d Ydste. In additn to this wo continu8 to seok fijnding forthe rgn6wal of crifjcal fK8d assets Mthln our orgarysalion SLth as $, brri8s and chlllers as well as to enhance the facilitses we have. This is in a(Idfoon lo rw5iw rnuiththneeded fimd5 twh fvndrwsing to seujre the wre wort of the org8nisatlon. Where further needs are kIent[ed that allgn with OUTdlLLts, seekfundlr#J indudirg t th¢thng lriLled k)ra pllcular puryjosa. Page 3
We have recenuy 8ppointed a new Ch1 Exetsjtive who wll b8 Iwkmig at ways fo sustwn. stsengthèn and eypand the work of FareShaTr Yorkshitg and th6 relationshlps we have. Our Head ol Development seNed as Inierim Chlef Exeujbye from Jthy to MePter before 'n9 appolnted to the P05Rlon oloeputy Chlaf ExeuJtw8. We have appointed a Head ol Financa Bu&Fnw.10 5uPWtourfinana fiJn¢tion th1Th organisabon. Our 8oaTd of Trustees rnq61 ance per quart9r IOT a ILII tr)ard rweting. In additsn to this we have 5utrpcommittees made up of muluple board eMrS and senior managefs who feed into the same,. he8e 8re our Financ sucOMrnltia& whD &150 rrttl On pw qu8rter and our 'sk Sub¢Mimittee who keep 8hr8asl olri5ks both Intthnal exlBmd to the orgwllsation. In additkjn, the colleagues who sup5M)rt th2r Communlty F¢)JJ Membors on a weekty b5 rthtnug to en31¥e thal wo are proaclve In koeplng abreast of 18sue5 8nd wncems th6y fa¢¢. Ourrw CEO Nathanld 8ee wothng ts w0Ve 8 P091tltsn &%sessm8nlfor our Board a eW10 the producuon of Strategic to en5ur6 Fareshare Yorkshlre bKomos a truly Ycffkshir&widg tharity. rs financ4ally sustainalle for the long-teThn and unlocks rnora sutplus for fronttlnè $eNIGes erptESsUre. FlnanGW revi•w Flnanclal pgrfonnan¢e The financial r83uIts are shrthm In th9 5taternenl olfln8rKia 8thNtes sèl outon p•3e11. Duthg the yearthgdwty de a surplus of £34,634, Uk& other charifje$ therg are risks whlch ar6 nnUallY to eThsur9 they 8r8 mgated as far 8s Is r8a50nably possi¢. Th9 maln rfskls the $sallon olfundlrrfJ from one ( more ol kay fijnders. To mlugate thls, we keep in rwjular ¢1&cl the lo¢J aJthorities that we work as well a5 keeplng In regu18r cont8Ct with our memtw eruanisabons {Com(nunity Foc#J MembBfs1 b $16 that our seMo8s rernaln highly relevant and affordable. This also applies to new OpplUn1$ a5 W811 a6 rfsk& A further rfsk to ourorganlsation is the of supply of surplus fTrJd thalwe rertiV8 and how our momtors can ensure Ihls food is moved on to thosè In ne. Wé aTr aware that some organksations do not have a laalty to U11S8 some gf thg frpsh and froz locls that wa Sour orthè calertng parls th W8 are beirvJ Incr8asin9ly provided wtiit in btllk. We are therefoTr actwdy Ything wth rnembars b find solutions lo Ihi5. In particular, wt uullse the expettise ofour Fullcrumb Kttrchen to Pde versawe tArdTrJ to mwnter5 ond to diswss w4th lht vilIOfoper8on9 a wong kitchen. We alm lo deveknp this work muth ftjrther moving forttard. In addrfon. continue b enswé thalwe h8vo a dveN rrAxof funder51o reduce ¢)verrniianct c single IKpJmo streams. (XrbLKlgets have been set forts next flmndal yew the IJ extd to n0Je owatiig 8$ In fv p95t year. Prfnclpal fundlng sour¢e• Tho charfty has rnlxed fiJThJlng sources wlth a rnixre of unrestrid and woleLt fijndlng. Those sourees indude ContrtbulDn$ from Communlty Food M8mber5. Grants fr local au¢horits"es. Donah$ frcffi Cow?t8 Parlners, Grants from regional and loc4J fiJnder5, Individual Glts and Th Nalonal Lottery Comrrnjnty FU1. Inve8kn*nt pollcy and obl•cti The compan1$ investrnenl powets ar8 58t JJI In Ns Mgmorandum ar AJtide8 of AssL)aatim 811(Yw the cthpany to inve51 fjJnd8 not immediotely required in investments, senI188 and propety. Page 4
de STRATEGIC REPORT Fln4ncial Tevitrw Res¢rvvJ policy Rgsetvqs ar8 that part ofth8 charWs unrnslrid8d fvnds thalts freeavaIlablE to SPBnd on any ofthe Pur[8¥ and eXdUd fLxed assets. Fareshare Yorkshire maintains free urTrslrictei1 rtSWW8: To pmvlde 8 level o1w01ng capitd that protects the Otinty 0lowwlk To provide a lèv91 olfvnding lor unexpected optk)rtunities To PTovid• c2)verfor risks sh as unlor&saen eywdthre or tiCated h)ss or i1. The Board of Trustees will wew the above crileria reference to F8roShar8 Yothshim's strdtsgk plan and determine the targ8118vd ollree Tes6rv85 to me81 thfrs8. Tr ¢urrenl18vel of free cash reserves requlred is equNalenl 10 6 mcnths key expendibu costs vthic 1$ t>JtThnly eslmatsd to bg approximal$ty £491,000. Our g8neral Ireo rgs8Nes18xduding tanglble rt%ed assets) on 31 March 2024 were £135,517 r8pres¢nting 28% of Ihe largel. Th8 oryanlsalon Is slll wotlng towards thls l•v81 11 eonknue todoso ImlA Tt is rML Rlsk managoment Th8 charfty has a Flnanc8 SubQrnnlltso and a Flsk SulthThty bjth of %thich meel 4 times Fwyear. Each cffle18 mado vp of4 TfUStee5 and 2 rnemb&r5 of th8 Senior Lead8rghip Tgam. Thg Rj'sk Sub£ornmhtee r8vi8ws those rtsks Ihat 9Tr Se as mst likely b affect the organisation and its ability lo conllnue to OP8rate. tt repcrfts to Ihe fijll Board ol Tnth85 a quatsty b&sLs on rt8ks tr1 indude, bul are N)1 confined to gov9rnan, exiemal, regulatory and c¢mpli8nc8, financial and cwatienal. Far8Sh8re Yorkshire has finand81 prrK&Jur8s In plat lo Ihril the ri$k lo the oryani5abon and we r¢ewed annu in line lth tiCe. Fareshare Yothshlre also ha$ a detalled Intemal rtsk assttssml prct8dure kn tAace that 1$ r¢gularty re. The tyganisation dc46 not hav8 exlemal risk assossrnents p8rfonnvA. K8y staff mbs 0 nwl warty1)r HIth ar¥J Saf8ty lo address any Inyovernents 8nd neods rTh)Mng loNard. PLANS FOR FUTURE PERIODS Tho charfty'g maln priorities for202412025 are.. Reduce 3te 8nd utilise a5 fDod a3 15 pJysI)18. Improve fothj 5vpply leve15 in line wilh frmllne demand. Work wflh ourcommunty Food Members and PartnW51o ensure ow $upwi15 impactfijl and helps oddress the rwlrAu$es of loj IrtsKurty. Strdleglcally revlow employabillty and COOn9 5kllls prugrammès delery and fd new ways b ddNerthls work. Contlnue lo Imovallve and solufjons Ofw)ng k¥acb'c 1h the Food Industy io yJur¢e the food we need to supwrt fronll seNices. EnsurB thè gtwcturo 8nd resourc8s of ch8rfty8r8 fftfor purposo. Secure funding lor key fixed a558ts required b improve our seTrio. Conslder any$ultsblo gran14und¢d w¢Kk ass$1 deliverirwJ tha clle¢ts of ow ¢haty. Golng Con¢om Far8Share Yorkshlré woFKs cononually to achlwe long-18rn su5tainabllity of th8 cryani5ation. a dear wsicfi ol potenlal obstsd88 that th organisats'on may lac8 allows us to worf( around these. The Trustees have Iherefore condudd a thcKough assossment ofthe charivs abllty lo conlln as a gng concem lor al least 12 rTrJnths Irom the dale ol approval of the finawal s(atements. considenng factors such 85 fundlng sources, cash flow prolectlons, opBrational sustainability, and any snsant n5ks or unrtaIne5 ihBI could ifflpact Ihg chartvs alMIty ts operate. For that reason, th& TNstees of Fareshare Y¢rkshlre conlnuè to adopt thè gcing bask In preparhw th9s0 ats. Futyrfr Planj Fargshare York8hlrÈ L8 Wortlng trId$ Its long4erm fublle and apwedates the neod kn a eMMY ol WO wthin the charity. Wa Mll cthtinue to secure opportunile5 to redislribule surplus IoDd to lkne ID need and weKk vAih our Ilvl and nationd part[[5 in doing so. Fareshare Yorkshire wll Idenllfy any further opFrfJrtunlUes that rnay 3ri5e ID meel Ihe <)led5 01 thB organlsatbn. The rygank4atk)n *lll Continue Io PfDVtde both emOyabllity and volunteerfng ¢Jpwrtunities acrc6s the whole orgari53tion. We wll recrit a member of slaff dedie4ted to voluntepring and training to retenllon and opporttJnib"e5 availab. We wll improve our ¢cn¥S wth Ihe bral wiler CUT¥nuruty the ¢ffierenl Slaj media plaUDNns thal have acr£ss to as well as ourown Mbsite. Page S
STRUCTURE, GOVERJ4ANCE AND MANAGEMENT Governing document The wTrpany is registerpjl &s a o)mpany limitgj ty guarantge, lhuu1 a share capitd. rts govemlng inslrumenl is 115 Memrandum and Arkndas of AssrKkdon. Boanl of Truste•s S Hobbs D Smndon S Sund8rfaThJ S Stothart M Taha M Willmetts R MGElroy Nonè ol the Ttustses has any beneflO inlgresl in the pany. The company mnIA'n$ liakn'lty Insuran for its directOf5 and offlc8r¥. The BO8 ol Twstee$ seeks to appnI rnornbws hth a lad expwienea and ll9 rdevanl to the ObitiVeS of FaShare YotrA8hira and wlth Bknlls In buslnass, manag8rnM¢ firn¢la1 and legd bBckgrcAJnds. RKruMmqntind appointrn•nt oln•wTN¥ts•s The TDJ$tees are appjlnled by the meffltfs of Ihe ct)mpany. All TnJ8tO8s reure 91 gach Anntsal Gen8ral Meebng and being eliglblg, offer thern5dve5 for reolecllon. The Trustsos can apwnl •JthtKinal Tnjstees to IIU a ca8u81 Vancy. Any Tnte¥ so aP)Inted will hold ofko un1 the frlknlng Annual Gon8ral Meeting and shall be elvjible lor re4eGbon. Org•nlsalonal struclur• The Board ol Trustees meet èvory qwrter and responsible the strateg'c <liro¢tson 8nd Oicy ol fv Chorfty. The Chief Execufva Officer is accountable to the Board of Trustees, and thoy deleg816 day4Trday Owdtiond resporyslblllty to the ChSel Exewllve Officer. Regular updates a pded lo th8 Board in relation to strategic issuas thrOh the Sknllees Fer quarter and lor any mnth wher8 no me8lng Is held lelther Board or Subaimrnltteel finartth Infomiauon Is shargy vlth fv fthalr8. Inducuon and lrnlnlng of n•w fNste•s I new Truslee5 recelve an from a bowd membw and are IrMt&Y to the CV8falonl sites to galn a gre8ter underntsnding of how the tharity perfemts itswk. Koy man•ggm•nt remurk•ralon 1 senlor managernenl pay scales Bred•te1ned ty Iho Bowd ofTrusES 8nd aro in linewith local aThJ nauonal rol8s al an equ8nI levol. Wldgr ngtsvork Fareshare Yorkshire hxal autlhJrfb8s thIn curcatrhmenl area aNI keep abrB8sl of IS$ bdro fg¢od through several steering groups, nthrks and pands. As part of a national group the geogr4hK0J area in Ihe charity operale5 is r85trictd, however there is grealer cpportunlty lo obtaln certain types ol fun¢Jiro direclSy or through the t¥ab'or]o1 neiwork. OFpoftunhI io for fun(kng via 9ranl fvnders or through fvndrarsing are onsldered In Ilne th& oblqcts of the uganlsation. REFERENCE AND ADMINISTRATIVE DETIJLS R•g15ter¥d Company humb•r 03680184 (Engtantl and Wlesl Regi5tsr¢d Charfty nufflbor 1075477 Rey13tered office Unlt14 Aldham Induslri81 Estats Mitchell Road Wcrfnbwdl Barnsloy South YorkEhirp S73 8HA Page 6
Trustg9S Mr S J Kirk Iwslgned 27.6.20241 Ms S Hobbs ChaIr from 9.6.2023 Mr D Swlnden frorn 9.62023 Mrs S Sunderfand Chair of Truste8S to 9.6.223 Mr S SlothartTteasurer Mr B Haigh Irelgned 2.7.20241 M T8ha M5 R Mcdroy lappolnt8d 8.12.20231 Mr M Wlllmelts lappoinled 8J.20241 Audjtts
Qngswood Nlots Umited, Slaluty Auditor Chartered Accountants Slngs Cwrt Lake$lde Doncaster Scyjth Yorkshire DN4 5NU Banknrl Nafjonal Weslmlnsler Pl¢ 26 MArkel Hill Bams18y S70 2QE Company Secretary Ms R Morgan lappolnted 8.12.2023) Chlef Exocullv• Mr G Baty ICEO rgslgned 31.7.20241 MrN Bee ICEO appointed 16.9.20241 MrJ WIllaM (Deputy CEO SpInted 16.920241 Key ManagemoTh1 Personnel Mr A Braml8y- Head ol Operthons Ire$lgned 24.920241 Mr M Deninson- Head of Operalk)ns lappoinl•l 1.102024} M$ R MrKgan. Head ol HR & Office Management Mrs V Hosking5- Head of Finance & Business lappointsd 1.92024) STATEMENT OF TRUSTEES. RESPONSIBILMES The trustees (wk) are a150 the dirgdor5 of Faresharn YorksNrè Urnit&1 kithè pwpog8s ofctsnrry W aro responthle prgparfng R9Wrt ol the TnJ51ees the fin3nd81 statements in accorda Wi apFle law and Unllfid A¢rpJmrd Stsndards OJnit&J ngdDrn Generalty Accepted A¢¢ounting PradGel. Company law requirgs th8 truste98 to prepare finanuat statements kn each finawal year whlch give a true aid fair wew Df the slate ul aff8irs of the ¢harilable cornpony and of Ihe incoming resources and apF48f of r050urce& mdu(kng lh8 incom8 aftd expend'.bJN. ol the charitable panY for that per(od. In wep8ring those financd staterwts, the trustees we required to select wttable 8CCL)unttrrfJ polK48s then apptythern £C$0$tenty, obseNe the methods and prine$ in the Charity SORP., make judgernÈnts and e5ts'rnats5 that are reasonable and pntht Stats whother aP]Cabb accounting stsndards have been fdltAYBd. sublKt b any rDAtsrfal dep&tsrgs disdos& etyaned in the finanal stsloments., prepare the financkgl statements on the going toneem basis lesS it is inapwopiiate lo preswne that charllth company vlll conunue In bL151ness. Page 7
STATEMENT OF TRUSTEES. RESPONStBILITIES- continu•d The Iruslees ar& respDnsitle f(K kPIng proper aUnting re&%ds dLsd050 with rEa50nab acruracy at any Imfy the finandal p)silion of the charitsbl& company and lo enable them to 8nsur8 knat the finarri stst6rnents L¥)mK4y ¥th thg Cornpanies Act 2006. Th8y are also re5ponsibl& for safaguarding the ol the than1ab mpY aN1 rKe for taknr¥J rea5846 stsp8 for the preventic and deon of frdul 8nd other irregulariti6s. In so far88 the trustegs are aw4r&: there is no relevant audll Inf0mon the tharitable ccfflpanis auditors ar8 n&ate,. 8nd th8 tNstees ha taken atl slaps thalthey ought lo have taken to make Ihwlvas aware olany rdwant audll infommticn and to 9818bli5h that th8 auditors are awdr8 ofth inforrnaoon. rt cl the Trustees, Encoorating a strate approved by (¥def of the Boa of Ttee5, a5 Gornpany directors, on r&.1.2J2Q24......... 8wJned on its behawty. Ms S Hobbs-TnJsts Page 8
Opinion Wa have 3udrted tha finanu31 stoiements ol Fareshare Yorkshire LInTh lthe'ch3ritaAe for Ihe ye3r ended 31 March 2Q24 thich comprfse the Slalement of Finanu81 ActsMti8s, the Baiance She&l. th8 Cash Fkn Stalem8nl and notes to th6 finandal statements. indudlng a summary 91 gnificanl actxjunting poliae5. The finania81 rrfKibng framework that has been appEd in their pwataticffl ig aPiCatIe * and Unlted lfjngdom Accoundng Standards Iunlted lfjngdom Generdlly Arxeptsd AL%ounUng In opinion the financial stslements., givè a tn and fir Mew of the state of the chaitable conyanls akn as al 31 March 2024 of its inccffliro resources and apFlicalion ol resourG85, induthng its inwmo aTrl expwditure. forthe year then endpAJ', havo teen property prepared in accfjrd8nee %Mth Uniled lfjngdom Generally Acts)ting Praclice: have been prepared in accordae'e requirements ol the CLYTrpanies Aci 2C¥)6. Bas18 lor oWnlon Wa conduct8d our audit in accordaiK• with Int8maknal Slandards on Aurfiting (UK) IISAS ILHQI ar¥1 applicat48 law. Ow re5pJnsibilib88 undér those standards are fijrther described in the AudilDrs' reSp1b1IltieS forthe authl of the s2tements section of our rewL We are Ind6rendenl ol the charftable cpmpany In a¢cordarKe wnh the elhlcd rnqulrarnts that relevant to ow a] of the financkl 3ts1ernents In the UK, indudlng the FRC'S Ethlcal Standard, and we have fuiniied our Otr ethlcat respons11e$ In XC0rda Ylth these requlrements. We bdleve that the audit evldenco we have obtalned is sufficlgntand appropriate to pro a basis Concluslons relatlng lo golng concom In auditing the finan&al staiernenls. we have ¢dded Ihat the knJs' use of the gjilg o)fKm ol wunlng in thg PfFForntion ofth8 financlal $ts16m&nts Is approprfale. Basod on thg vh)th we havg Pertonngy, wo hovo not hjgntified 4ny malwifjl wGethnti05 relating to mnts or G0ndTOol Indlvldudty or )lectely. moy cast SlGnnlc8nl doubt on the charitable o)mpanls abllity to contirwe as a ging wKem for a pw6od ol al t89s1 months from when the flnonaal stalernent5 are authorised for k%su8. Our re$ponslblllUe8 and the responstbllM88 of the bustses wlth r8sFdto¥Klng fAnc destthbthl In th8rnknnl 8ecOon$ ofthls rnpotL Oth•r Snformallon The trjslees SponsbIe for Ihe other InforrnaOM. The other Infomotion ts)mpises thè Inft¥maOty) IndUd in the Annul Reprt other than the flnandal slalements and our RepJrt ol the IndepfjndgnlAuditor5 Ih9rBon. Our opinlon on the financlal statements does not coverth9 other In1maln ond. exc4pI to the gxtenl oth$0 eKpticiUy sta1 In ourreport Wg do not express any form ol assurance cJ)ndu&on Ihereon. In connedon th our audit of the finandal stAlements, our reSpthI1ty is to ad the otbw inf0mtion and, in O)ing $0, cengid8r whether lh8 othor Inlcfrnation is maltrially inconsistent th& finar ststwnents or ow kne(Je ¢knin8d in tho audit N othqT¥ise app8ats to bè matsrially rniS8IBl8d. If w8 id8ntify such rnBtgri81 inconsisknc46s cr apparent Materi rnisstatemts. are wuired io determine whèthér this gwBs dse to 8 rnaterial rnisslatfjrneDI in the finanryal statements thee1ves. If, based cffj the wth pthme¢, we r¥)ndude thal thoro 1% a matsrlal mlsslalernenl ol th Olherlnforma0n, we are requlred to reportlhatlaci We have rthlng to ryrt In Ihls T[d. Mattors on whlch wo aro rlqulrod lo r•port by oxc•pllon We have nothing to r8PQrt in respect ofthe felltrmng matters the tharibes tAnts aj Reportsl Regthbons 20D8 tequirns ID report to y¢u il, in our opinKn'. the Inlom&Uon glven in ihe Rep)rt of the Trustees ts kncortsE6kn1 in anymterlal Tr8(#11h the firtandal 8iatements', or the charitable compony has not kept adequale accounDrvJ recryds" or the flnanclal statem9nts are not In agreem8nlwltr Ihg accounfjng re(QS and relum& or we have not receNed all Ihe inforrnation and e%enatiOnS require forour •Jlit R05ponslblllll85 oItru5toes AS ex91ned more lulty the Statement Tnjstees, Respon61bllrfes. Ihe buste8s are Iso the dlrectors of th8 charitable o)mpany for the purpos88 of company lawl are responsSNe for the preparation of the finarrial stslemenls for being salisfied that they give a tsue and fair ew, and lor such inlemal control a5 Ihe trustee5 deternine nec&rysary to enabl8 th8 preparatlm of financial staternents that are frea frcffl material rriss1alernènl, whether due to fraj or ermr. In preparing the financial statements, the fwsi809 arn T8spmN8 assessing Ihe thwitail& •$ ability to conlinue as a gdng Concorn, éi5doslng, as appllcable. matters relal8d lo giing Con aThl Ung th8 going concern of aLvwnting unl9$5 th8 INste8s 0thgT Inte b Ividate the charKabk8 company orto cease operaoofts, orhavg no redist'c aItemative but to (k* so. Page 9
lo Ourr•5ponslblllti¢s f¢r tha audit of the flnandal statements We hav& be8n apprxnted as 8udltDr5 Mder SeCt)n 144 ofthe ChwitssAd 2011 and rewttn rdanc8 tha AL and rdBvanl reguL8lons rnada or hang effect Iher8under. Our obl8cfves are to obtaln reasonthe aran about whethet the finandd ststernents as a vthc4e afè fra& frorn maieril mi&stal6menl, whèther dup to fr8uO or effor. and to issue a RepNi ol ts Independent A]itOrs that indkths opinion. Reasonable assurance is a high level ol assurancg, bul is l a guarantee that an audit conducted in accan¢ ISAS lu always delecla material n5StateIn il Bsts. Misstatemen15 can aris£ from traud or èrror and arq considered materil sf, IndidUal crf in aggregate, thay tfjd r8asonabty be lo infiuen¢e the ¢coTh]mic dec48Ms of usets taken on ts basis olthese finandal staternenls. Tha èxtent to which our prcudures s c4pEble cldetocling irwularilies, Inc4UdirvJfral 1$ detsllwj bdrw. [egan1eS. including frnud, are instancès 01n0nmPlIanCQ wth laws and regub0[l. We d8sign procedurBS in linB with our r9sponsllltle5, oudined above, to delgct maleril mtsslaiefflents in r8spacI of irfegularities, induding fraud. The SF PToc8Jurns for th1$ engagemont and the oxionl kn whl¢h our procedures are eapable of det8dng Irt8gularitie$, indudiThJ fraud L% detaled bdw. Enqulry olrnanagemgnl and tlw thrged lth goVrarOund acbJat and potenbd IllhJaU¢Jn al dalms; Enquiry 01manageml and r8viow of cA)rnsw)nderKe any instances olrK)rKomplianr lth lavts and fegulationg. Review ol rninulgs ol Iruslees. meebngs,. ReVIew7 financial statsmgnldlsclosure5 and t6th9 to 3UPFthw dcpxmentaticffi to ass ¢onplianc•wiih applicablg la and r8gulaOorkg.' Pertomilng audtt work over Ihe risk of nwwemenloverrfd8 of controls, Indud1 tests.ng ofjournal enlrfes and oth8r adjustrnonts tor appwrialgness, evaluaung the business ol s1wthcanttrSad1OnS JtsO the nrnil COU of buslnes5 and reVIng accDunU estsmales lor t4a8. Becaus8 of tha Inherent Ilrnitalth of w athJiL thoro Is a risk that not da 1 indurfmg LID58 adIng to a rnaierial rnisstat£rn8nl in the financi statements or n•cOMplIa with wulation. This nsk irtrwe$ th¢ nh]re that MplIanCe a law or regulation is removed from the avonts and Iransach'ons refiected In the financ2al slatements, as S11 be18ss likely to becoTh awarB of Instsn5 01 n¢n<ornpllan¢6. The rfsk Is also grealet regardlng Irregular85 ocwring due lo fraud rdther than ¢Tr¢f. as fraud involvos Intsnuond ethtealmen¢ forgery, colluwon. ornlslon or misrepre8enlaUon A 1urthef descript'on of our reswisltr1e8 for the ath1it d the hanrA ststernents 1$ Wed M tho Fmwcg91 ReporUrvJ Couw15 website al www.Irc.¢xg.ukJaudltor5respon4b'Ugs. This fDM5 WtofourRert0fts I6pdanI AllIOrs. Us• of our r•port Th1$ repurt 15 made solety to the chtabt0 companvs tswslees, as a body, In a¢&)rdarte wlih Part 4 of the ChtieS (Amnts and Repots) Régulallons 2Ix)B. Our audit work has beon undertaken so that we mvjhl stat8 to the charftabb CpanY'S InJst695 those matter5 we are requlred lo State lo Ih8m In an audiiors, report and lor Tr) other puw& To the fvNesl exlenl peittj by law, we do not aeLepl or assu r85ponsiblllty to anym& olher than thg charttat4e Mrnpany and thg thartat4e compaThls INstw a6 a bc, lor ojr awjil %Ik, k)r this rep¢rt or for the opinions wè have I08d. k,.a w lor and on behaW0fngswQod Allots Liffirt, SltOr Chartered Ac£ounlants Ellglble to aet a5 an auditor In tems of Sectlm 1212ofthe Cornpw*sAd 2CK6 Siding8 Court Lakeside Don(a8ler Soulh YoFk5hirg DN4 5NU Dats.. 1711212024 Page10
statement ol F 2024 Total fund5 2023 Total funds Unrestricted Restricted funds funds INCOME AND ENDOWMENTS FROM Dmations and leoaues 89.110 99,059 287,075 Charltablt 4ctivitt05 Memhershlp fe8$ Grants & contracts oth8rseNIc88 370293 102.825 370293 517.3K2 320509 326,3IX) 313,667 228.157 414,&17 3Q&94 Invgstment Incom8 Tot41 461,370 1.307.224 1,215,201 LKPENDrruRE ON Charllable acllvltles Mawth8Trhlpfv8S Grants & CDntraetg OthK$eNl¢es 19,663 336,759 4.361 478.(K)3 65t,338 139249 505,159 569.647 108.307 320,579 134,888 Total 911.807 380.783 1.27159) 1,1B3,113 NET INCOMEIIEKPENDtTURE) 165,953) 1cIJ,587 22,088 RECONCILIATION OF FUNDS Total funds bToughlbrward 276.916 60189 357,385 325,297 TOTAL FUNDS CARRIED FORWARD 210,963 181,056 392,019. 357,385 The note5 form part of these tinancial statements Page 11
2024 2023 FLXED ASSETS Ta1A8 #5sets 12 148,PA5 1n,0&3 CURRENT ASSETS Debtors C3sh albank and In haTr 13 117,421 277,231 216,332 351,752 261,938 CREDrroRS AtTr)unts Falliw dugwithln oneyear 14 (151,$381 (76,5861 NEf CURRENfASSETS 241214 185.352 TOTAL ASSEYS LESS CURRENT LL4BILmES 891019 NEfASSErs 391019 357m5 FUNDS Unreslriuted funds R&%bicted fvnds 17 276,916 181,056 TOTAL FUNDS 1019 357,385 Thotharitabla coMnY ued io ownptijn It¢m uthSqdhi477 of theCoThKAniÈsPdXbJ6forlho ypaT erd¢d31 Marth 2024. The membets havE n¢ldew6ited 018, PursnIt0 Sg¢tion476of ihe Cs1)ll wwiruan80fthQ50fffiaraISatQrneTr Tha irnstees ackje thetrresporESblllti95for lal Ibl urirothallhe chaflkble c[¥nY kw Wnl9 wwthll41FIYthSeds3es¥Tr1387 of Ihè C•iies Ad 2fJ)6 aid prepatnvj ffnancral ststernrts whth gwe a thte and fair ol state 018ftahB of the ltsble c¥mpany as al the end ol each finaDdal year antl of K5 SU$ or defifit fcf eath hwdal accordance th8 r¢quireThnb ot SbOt¥s 394 and 395 and otherwisg COMpwith the requirements olthacowies A2C£ rdatiw lo ftnandal StaDIS, sofaras aFgUcabbbthe tharRabte ¢JJTryany. 7h&se finaroalstste(TMts habeen authlèd d&th?qemts olsttlttin 145 olltrRCharitt8sAct2011. TILe ftn3naal sk4tthntsw8rE approved ty th8 WrdOlTnteeS aTrJ lurf$ed fw i8yJeon.....13 Mr S Slothart-TNtsiee The noles form part of IheSE financial 5talemeDIs Pège 12
2024 20TJ Ca¥h flows fram opgrating ath0$ Cash gwrat8d from operations 97,8C6 86,455 Net Cash provide(S ty cweraling athties 97,8Cfj 86,455 Cash flow8 frorn Invèslng a¢tivld•s Purch£se of tangi6fixed as58ts Se oltsngitrAe fixed asse Interest receNed 136,8081 154,4301 1,201 Net C88h used In Inv88lng actmles {36,80n 153,2281 Chang9 In cash and cash •quival•nts in th• rgportlng p•rlod Cash and cash equlval•nts atth• beglnnlng of the reportlng 99 33227 216,332 183,105 Cash and ¢a$h equlv•l•nts itth• •Thd of th• reportlng perfod 2T1.l 218,332 The notes form part ol these financial $tatement5 Page 13
RECONCILIATION OF NEf INCOME TO NEfcASH FLOW FROM OPERATING AE$ 3)24 2023 Net Incorng torthe reportlng p•rfod la5 pertheslatoment of Finan¢lal Acttvib051 Adjustments lor.. Depreciati ch8Jges Infere51 rec8lved Ilncreaseydeu88sè In debtrys Incraaselldecreasel in [dr.( 34,634 32,088 ,037 68,195 171,8131 74,949 30,612 144,4391 N•t ¢ash provld¢d by operatlons 97.8C 86.455 A>IALYSIS OF CHANGES IN NEf FUNOS At1.4.23 Cash flow At 31.3.24 N•t ¢ash Cash at bank and In haTr 216,332 277,331 218.332 60,9 277.331 Tot41 216,332 60.999 277,331 The notes fomi part of these finanaal stalementS Page 14
Èsh hir ACCOUNTING POLICIES Ba518 of preparlng theflnanc141 stalements The finanal staternents of the Chatab CDmp8ny. i% a publlc ben8fi1 endty undw FRS102. lve bg8n pr8par8d in acojrrjance the Chibes SORP IFRS 1021'Account'ng ond Reporting by Chaiibes.. Ststement ol RMmd Pradice awicable to tharitiès preparing the accounts in OrdanCe with the Finanoal Reporting Standard applc&ie the UK and RepU1C ol Irekand IFRS 102),, Flnanol Raporting standard 102 The Finanaat Standard applicable in the UK and Rewblic ol tTeland' ar¥J th& compan Act 2006. The finanual statements have been prepared under Ihe hlstorka coslc(ThMlJn. Golng concern The ch8rfty pr8par8s Its financl81 ststents effj a going conc8m b&si8, aswTr.ing Ihe orga198ti0n vllll cenlinua Dperabny for the fore80gable futur6, ¥th the TnJsl8es tonducbng a thorough assessmeth ol the charivs ability to ntinue as a going ntIM for al lea5112 mnlhs from Ihe date ol approval of the finaal st81cmefits, wdering fact5 suth a5 (unding sourts5. Cash flow prt)jttbons, operationd sustainability, and any SIgnlcan1 rfsks or urKertalnUes that could Smpa¢A Ihè to cpemte. The bu8te¢s have cx)ncludpd that thgre arg no materid uncertalnlles Obout kne ablllty to conunue as a golng tèrn and Ih8TefotB thèy ctinurvja lo adopt Ihe golng concern basis of 8¢untiJ. Income I Incomè Is recognlsed in the Statemenl of Flnanaal Athbes onc the charty has entilteNMI to ffijnds, il Is probabl6 that th8 Income wlll be recVed and the amounlcan be rrEasured rdiably. Gr8nts 8re Sncluded In the Statgmonl ol Finandal ActMI85 on a fBc8fvai4e b8sk¥. Th8 b3lanc• of inwme r8E8ThBd Icrsp8dftc purpos85 but not expended dudng Ihe perfcl is shown in the rdgvaril fvnds on thg Balan¢9 ShegL Whgre incom9 is rKgwgd in advenGe ol entidenwnl recgipt, 8 recogn0 k9 defeThed and indudJ in creditors as dekned entiuerwt b9fore Inoyng Is rec8Ned, th8 in¢ome is accrued. Expend1re Uablllues ar8 rocognIs as expendibJTe as scon as Ihere ts 8 or 1xya c&1all)n comMng Lilarfty to that 8xpenditrJre,11 Is probable thal a transf8r ol 9cMorn benefits will be r4wrEd in 5etUennl and the amunl ol the OblalOn can b& me8sur8d rdlauy. Exp8ndRure1s accounted lor on èn ac¢nJ$ basls and h8$ been daSsifi under headings that aggr8gat8 dl Mst rd8tad lo th8 category. Where costs c8nnot be dlrpdty thbLrt8d'.D parlcular hea(firys they havE been kX8ted to acti¥ibE5 on a bas18 consi51ent wlth th8 UEe of r880urce8. Tangl1 flxèd aiuts A@t5 ar• Inioalty recognised al c0618nd sutw¢Mty measw•J alccrt net ofdepredallon and any provtskn for lrnpalrmenl. DepredoUM Is prOded atlhe fdltrhlro alln1 r¥t08 In crfderkn write off eath 8sselobrW3tstimated Iwe. Furnllure 20%, 25% and 33% C L>)3t Computsr equipment 33% on cost Plant and machinery 25% ducIng balarKe Toxatlon Thè chartty Is exernplfrom c¥Jrporation taxM ts tharftab a¢01]98. Fund a¢counUng Re5th'ded fvnd5 a fijnds CVed from lch subhKI b the purpc6es for whic Ihey may bo Usgd. UnrestActed funds are thosè where there are no externlty irnposed re5tr"ction5. Tlw fvnds freety avalable to the tharity for expenorture or approprfallon lo res8Nes lor intsrnauy designated purposes. Donated goods and donatsd laGilities Assp15 dated for use by the Charity are induded in vicorrury Tesowce5 when recewatde. Dat81 a5se15 are induded in incoming resLxJrees and Cala11S8d as fix8d assets al th8 dirador5' estirnale of lhr valtte to the tharity. Donated facililes are Induded as Intxming resources and direct tharitsble expenture al the diree4Ot5' &%timate of 1he cost of the frdL#1Jes.The Mpany5 aLfjvthes Eon5i51 of the rfislributbon of fLM)dsluff5 to prujeLts lor the homdess. AJI kjudstuffs thnated to thg carrw. bul no eslmate of lhelrvUft is ITUded In thg statement of financiBI acbwbe5. Page 15 continued...
I stat• ACCQUNTING POLICIES- ¢ontinu•d Flnanclal IlIuM•n The charity only hokts bas1¢ fmanaal Instsuwts as defi1 by FRS102. Th8 finrial asset5 and fiwcid liabilities of the charity and thelr measurernenl basis are as IklS.. nan assets- tradè other debtors ar8 bax finaral instruments arnj are d8bl Instsurwts measured at amorused cosL Prepayment5 are nolfinanc481 ifk8lNTr,ents. Cash ol b8nk. is dassiled as abo5ic finarrial in5ttu¢Mnl and i8 rnea5ur&J af foc4vdue. Finanud liabilities- trade creditoL%, accnjds and olKgr ¢r&Jitors arB fancial instruments, and arn measured al amortised c05L Taxats'cn and sodal 5ecurtty are not Induded in tr.e fjnanrial InslNmnts disdosure definiti. D8fBrTed income is not deemed lo be a finandal li8bility, as thè h seldement has alreaty tsken plac* and there Is an obligatn to éellver Se rdther rhan eA8h or another financlal Inslrurnenl. Publlc benefit entity concession8ry kans wo Inllaly tffowl8ed 81 the amowilwfved Ihg catyng v&Jo is sub5eqwnly adlusled to refle¢l any accrued intsrgsL DONATIONS AND LEGACIES 2024 2023 Donallons 99,059 287,076 INVESTMENT INCOME 2024 2023 Dep)sS18¢¢ounl Intwt INCOME FROM CHARrrABLE ACTivrriES 2024 Total activities 2023 Total actlvities Membership lee5 Grants & contracts Other services Reuydlng fo) Tr8iniro & ¢octh'ng Sklls other servic88 370293 217,570 1S9,104 745,967 58.962 403,235 725,839 58,132 144,153 240,83J 162.405 370Y3 517,362 320.509 1,208,164 928,124 Pago16 continued...
dè CHAR ABLE AcTIVlEs cosrs Dired Cost5 (see note 6) Support costs (see nDte 7) Tota15 Membership fees Grants & wntr8cts othersemces 410.681 657,33B 139.249 65.322 476,003 657,338 13Y249 1,207,268 65,322 1,272,590 DIRECT COSTS OF CHARITABLE ACTPnlES 2024 2023 Recycllng foc Trainlny & cooking skiThs Other 5eNce5 1,064,112 3.907 139.249 978,777 56,116 108,307 1,207.268 1,143,200 SUPPORT COSTS Governance costs Management Totals Membgrshlp fees 34176 30,446 65,322 Supp)rt costs, Induded In Ihe above, are as follm: 2024 Membership fees 2023 Total activities InsuranGq Tolephong Postage and stationery Bank charges Sundrie8 Accountancy ar legd lee8 Legal lee5 2?38 5,187 3.961 1.053 22,339 12,923 17,523 8,920 4,802 1,095 12,171 12,925 65,322 39.913 Page17 conlinued...
th NET INCOMEIIEXPENDMJREI Nel incompJleyNJI(ur¢l15 stsled aftertharyingllc¥ethlirwJl.' 2024 2023 Depr£aaticffl-thYned assets Auditors remunerdtion and aGcath¢ylees 60.036 12,923 68,195 12,925 TRUSTEES, REMUNERATION AJ4D BENEFITS There W8Te notrJ9tths' remvn8rdtion orclhvben8fits 5)rts arej&d 31 March 2024 nLY for the yearded 31 Mar&1 2023. Trublts$' oxpens There were £174 trusl888' expen50$ pad l)rth& yeaTwd 31 W241))rJ: £0 STAFF COSTS 10. 2024 2023 Wages and salaries &%ial Secunty costs Other p8nshM costs 592,537 52,349 17,185 540,901 46,197 9,277 662,071 596,375 Tho gverage nwnberof employee8thJrfry thg y8arvAS 8s ft410: Charft2bk aGtMIJ8s 2024 24 2023 26 The numberofèmpbyees wthose employee beMIts(8xd1Ing tmFtyer pS* coats) exGeeded £60,0+was'. 2024 £60,W1 . £70,C 2023 A¥ub8lanlal aUnt ofvdunleerlme Is gNgn tr) the tharity. Thls Is discAtsgèJ In the Rep)rt Jf the Trus199S'. The tots(8mounl ol empbyee benefits IlndudlrvJ emfv [Wsi LthlyJUoTr41 roc9tr by key nBnagemEnl parsonnel for Ihdr seNices to the charitywas £170,844.12023', £130.3521. Page 18 continued...
11. COMPARATIVES FOR THE STATEMEKf OF FIIANCIAL ACTIVITES Unre51ricted nds Restricted funds Total funds INCOME AND ENDOWMENTS FROM Donattons and legacies 197,254 89,822 287,076 Chartlabh acttvhl Membership fees Grants & contracts 0th81sCeS 326,gX) 373.667 228.157 326,300 373,667 228,157 Inv85tm8nl In(y)me Tolal 1,125.379 89,822 1.215,201 EXPENDITURE ON Charltabl• athitl Membership lee8 Grants & contracts Other Se¢08 472,267 531,963 103.073 32,8¥2 37,684 5.234 50S,159 569,EA7 108,307 Total 1.107.303 75,810 1,183,113 NET INCOME Tran51ers betw•on fvn 18,076 (22,5) 14,012 22,5 32,088 Not Movement In lunds {4.4241 36,512 32,088 RECONCIUATION OF FUNDS Totsl fundg bmughllomrd 281.340 43.957 325,297 TOTAL FUNDS CARED FORWARD 276,916 80,469 357,385 Page19 conlinuÈd...
12. TANGIBLE FLXED ASSETS Fixtures and fittings Plant and machinery Motor vehicles Computer equipmÈnt Totals COST Al 1 April 2023 Addits'( 5.Q 226,3 262,626 36,808 494,188 36,808 At 31 March 2024 226,023 299,434 539 530,996 DEPRECIATION Al1 April 2023 Charge IOT year 202 170,085 30.093 151,512 28,560 356 183 322,155 60,036 Al 31 March 2024 200,178 180,072 539 382,191 NET BOOK VALUE Al 31 March 2024 3,598 119,362 148,805 At 31 March 2023 55.938 111.114 183 172,033 l assets are used k¥dir8cttharftab]e wrpc48S. 13. DEBTORS.. AMOUNTS FALUNG DUE WThIN ONE YEAR 2024 2023 Other debtorg 117,421 45.606 14. CREDITORS.. AMOUNTS FALUNG DUE ¥ThIN ONE YEAR 2024 2023 SO81 sacurty and othertaxes 0th8r Gredltors A¢eDJats and delwred IrKtyng 12,918 44.301 94,319 13,978 17,814 44,794 151,536 76.586 2024 2023 Balanc8 broughllmrd Irne recelvfjd Irmme rete4s&d to SOFA 21,480 39,250 121,4801 92,152 21 N80 192,1521 Bdanc8 cafflBd foNArd 39,250 21,480 Irwno h85 been defened latIlT8(a8 h)fubJre cOunr@ pedods 85 sknpulated bythe fundeis. Page 2Q continued...
20 15. LEASING AGREEMENrs Mlnimum Iwè payThnls under noThncelIabl8 opwthg18a8es fall duè asftkns.. 2024 2023 Within one year Betsween one and fve y8aES 33,000 99.0()J 66,167 132,000 132,000 198,167 16. ANALYSIS OF NET ASSETS BETIYEEN FVNOS 2024 Tolal funds 2023 Total funds Unrestricted funds Restricted lunds Flxed assets Current assets currenl118billties 73.359 289,142 1151,5381 75,446 105,610 148,805 394,752 1151,5381 172,033 261,938 176,5B61 210,963 181,056 392,019 357,365 The 2023 totd lunds balance of1357,3851 w88 made ofthe foll¢>.. Unr98trfcted 276,916 Restricted 80 17. MOVEME14T IN FUNDS Net movement in funds Al 31.3.24 At 1.4.23 Unr•$trict•d funds G8neRI fund 276816 165,9531 210,963 R88trtct•d lund8 8,723 (4,3611 70,401 12,2411 36.768 4,362 70,401 69,505 36,788 RecyclSng lojd Donallons and legades Nationd Lottery CommunKy Fd 71,746 .469 100.587 181,1)56 TOTAL FUNDS 357,385 34,634 392,019 Page 21 continued...
IT, MOVEPIENT IN FUNDS.conllNqd Nel MYnt in knds. Int*Jded in theaLwJbE arv a5 follows: Incoming resources Resources expended MovemÈnl in f unds UnTtrIcted funds G8nef81 lund 1911,80n {65,9531 Rostrf¢tod tunth Other 5ervic9S Rwcllng fwJ Donations and legacies Notionl Lottery Ccfflrnunty Fund 14,3611 1145,0101 1198,4401 112,1901 17821 14,3611 145,010 268,841 9,949 37,570 70,401 12.2411 36,788 461,370 1360,7&31 100,587 TOTAL FUND8 1,307,224 11,272A901 34.634 Comparthej lor rn0t In fvnds Net movement in funds Transfers between funds Al 31.3.23 At1.4.22 Unmtrlthd funds General lund 281,340 18,076 I22,) 276,916 R••lrict•d lund8 ¥MUP Oonadons and leg8CiP$ 13,957 .oTr) [5,2341 19.246 8,723 71,746 14,012 22,500 80,469 TOTAL FUNDS 325,297 32,088 357,385 Cornparative n81 movement in lunds. knduded In the abJvB are as f01b. Incoming resources ResDurces expended Movement in fund5 Unr•stricted lunds Genero1 fvnd 1,125,379 11.107.303) 18,076 R•strl¢ted funth WR4P Donab'ons and legad8S {5,2241 (70,5761 89,822 15,2341 19,246 89,822 (15,8101 14,012 TOTAL FUNDS 1215.201 11.183,1131 32.088 Tho r8Stricied ftmds are used for theldknng pu. Page 22 continued...
cial 17. MOVEMENT IN FUNDS- contlnuod J W Chapman- lo supFvrtourwork In DcfiLr Evan Cornish FoUndati-t0 supportthe ofFullCrumb tthn Sginsburys Fre6zer Fund. te PUTchase 88zer5 forCFNf5 Freem&wns. io purthase a new lofk lrft truck in Leeds Faresharb IUKI. van and IoTry purchase WR4P- grant fvnJn9 lo supput the of YSH tYorkshirB Stw14ubl wd RLS IRe*)rd LDwstics Sduiion} and Iha prov15kn of fmzen l¢y)ds for CFMS. Natlenl Lottery C¢)mmunty fvnd- F4Jrchase ol a vgn thd fridg8s loabl• inc¥8asad lthstsitrrtjticn offood. Leeds City Counell. to sup ourwork ip. Leeds Rothefvm Coundl. to suppjrt pwthase, stornge and ¢thsthbubcn 01fd in Relherhwn Other don8fjons Indude Vlrgln $Y FOUrlti0n, Cullers Cthnwy, Hary 8oltJm Trust Sheffiehl TO TNSI and Mlnstgr to Support our core cllsts of op8r8ti¢n. 18, CONTINGEKf UA8ILtTIES A5 far as the dlrecth are aw8re, there were ry) conltJvJenlllabi1sbe6, CAprrAL COMIAITMEKrs 19. 2024 2023 Contracted bul not promded lor in the finand8f stslements 20. RELATED PARTY DISCLOSURES Ther& warè no rdatgd patytrwwtsons lorthe ye8r1 31 March 3)24. 21. ULTIMATE CONTrOLUNG PARri The company Is uldmatdy controll•J by lty mener5. No rb8rhaS ctsitr¢t. SHARE CAprrAL The company iq TrySstered as a company Llmited by Guwathe h88 r share c8Ptlal. The mgnknrs are guarantors In tho Sum ol Page 23