REGISTERED COMPANY NUMBER: 03680184 IEngland and Walos) REGJSTERED CHARiff NUMBER: 1075477 he Y ar E d d 31 March 2025 KlThJswood Allotts Llmtted, Statutory Audttor Chartared Accountants Sldlngs Court Lakeslde Doncaster South York8hlre DN4 5NU Faroshare Yorkshl L Contents of the Flnan For Th Y r Ended 31 March 2025 Paga R•port of th• Trust••• 1 to 10 R•port of th• Indop•nd•nt Audl 11 10 12 8tatomont of Flnan¢lal A¢tfvltlo• 13 Balanc• 8h•ot 14 Ca•h Flow 3t•t•m•nt 1S Not•• to th• Cash Flow Slat•m•nt 18 Not•• to th• Flnanclal Stat•m•nt• 17 to 24 Fareshare Y rkshlr8 r. 03680184 ort of th Trustees For The Year Endod 31 March 2025 The Tru8tee8 who are 8180 dlreclors of the tharlty for the purpose8 of the Companle8 Act 2006, piegent Ihelr report vthh the financial statements of the char5ty for the year ended 31 March 2025. The Trustees h8ve adoptsd th8 provlsions of Accounting and R8pDrting by Charilles.. Slalement of Recommendad Practic8 applicabla to chadligs preparing their accounts in aco)rdance with the Fin8ncial Reportlng Standard applicabie in th& UK and Republic of Ireland IFRS 102) leffectlve 1 January 2019), OBJECTIVES AND ACTIVITIES Objectives and aims Thg charity's purpose5 are 891 out In the objects contalned In Its memorandum of assoclallon. The alm of th6 Charity as set our In the oblecls Is for the relief of poor person5 and preservation and prolecllon of good health, in partlGular but not excluslvely for those who are homeless by the collectlon and distribution of food and the advanc8m8nt of th8 8ducalion and Iralnlng of such persons. The Trustees have referred to the guidance in the Charlty Comml$$lon'$ general guldance on publlc beneflt when revlewlng alms and obj8CtIV8s and In planning future a￿VItIeS. In particular, the Trusl88s consider how planned aclfvllles wlll conlribule lo the aims and objective8 they have set. Fareshare Yorkshire redislrlbules food for over 360 vltal frontllne organisations each year, including hosplces; refuges: shelters: soup and communlty kllchens., Schools and nursedes.. drop4n and communlty centres,. food banks, pantrles and lard8rs', spec481 need8 8ervice8', carers and mor&. Fareshare Yorkshlre has been operating since 1998 from its Barnsley Reglonal Centre {head offlce) and we have Iwo Reglonal Centres In Leeds, one for chlll8d4mblent suppty and one for frozon supply. Our dlstrlbufjon Includes tho areas of Sh8ffield, Rolh8rham, B8msley, Donca$t6r, Wakefield. Hudd&rsfield, Le8d$, Braijford, Hallfax, York, Sklpton 8nd H8rrogate. FareShar6 Yorkshlr8 a180 provldes extenslve volunteoi and Irainlng opportunltS88 for the unamployèd and refugees. Thls IB through accrgdlted warehousing and cookery Iralnlng to support individuals Into employment. Our progiamma has a strong focus on mentorfng and practical experlence, so that Fareshare Yorkshire's Inlemal operations also serve 88 9 8tepplng stone for people In need. Vl•lon, Mls•lon. Value• M8k To Improve the wellbalng of p8opl8 In Yorkshlre and See an end lo Food Insewrfty In our reglon. lsslon To achieve Ihls, we wlll,. Support our Community Food Memb&r netsvork wlth the development of thelr 8ervlce8 through th8 provlslon of surplus food and shodng of re8ource8. Bulld the sk1115 & knowledge of Indlvlduals through our Volunteerfng, EmployabS11ty & tralnlng programmes lo help people IhrSve. Work Innovalively with the fwd Indu3ty lo source quallty fcod lo supply our member8 and partners. Be an active particlpant of local & nauonal netsvorks and work wllh partnars lo tackle the root causes of Food Insecurlty. Values We WIN strive to alway8 work wlh Integrfty and transparency In au our work, bulldlng mutual respect wllh both Indivtduals and partners. We re¢ognis8 the Import8nc8 of worklng in collaboration others and wlll alway8 be sansitive lo when we need to provlde lead8rshlp and be led by others lo achleve our ml8810n. To ensure our charlty delivers 188ling impact, w& will work hard to ensura our work 1$ Sustsinable, both financially and envlronmèntally responsible. and afways with sansitivlty to the needs of the communilios we serve. Through all aspects of our work, wa wlll mainlaln an Indlvk1u&l Focus, ensuring that we help change people's lfves for th8 better. We are PasSic￿ale about maklng a positlve dbfferen¢e in Ihe communllles we 58rv8 through provldlng services of tho hlghest quality and value. Detalls of ¥e¢ffl¢ aiffls, acllvltles 8nd achi8vements are Induded in the A¢hlevemenls and Performance section of Ihe Trustees Rep￿1 below. Page 1 resharo Yorkshlre Imlt 03680184 ort f th8 Truste or The Year End STRATEGIC REPORT Achlevements and perfornianc8 Actlvltles and Projocts Fareshara Yorkshire is one of ￿enty-one regions in the Fareshare Ne￿ork, working in partnership with FareShar& UK. Our charfty ￿dIStrIbuteS surplus food and drink from the foc*J industry Item$ that are high-quality, fil-for-purpose and In-dale - for the benefll of hundreds of charities and communty groups, Together we fed an average of 42,000 people perweek In the flnanclal year lo 31 MarGh 2025. In the year 2024-2025 Fareshare Yorkshir8 rfrdislributed 2.250 tonnes of food to 361 frontline organlsatlon8 across York6hlre whlch ¢onlributed towards proVid￿g 5.4 million meals (an average of 103.000 mea15 per week). Demand for th6 food wè Intercept contlnues to b8 high in light of th& recent Cost of Llving Crisis. Food inflation has had a slgnlflcant ImpaEI on the needs of Indlvlduals and families. wllh the resources of charflies that serve as a lrfellne belng 8tr81th8d lo tha Ilmlt. We work closely In p8rtn8tshlp wllh local aulhorflles ocro8$ Yorkshlre and astablished local and n8tlonal food poverty netsvorks lo work on addresslng th6 root cau8es of food Insecurlty and ¢￿StIng provlslon to support fronlllne agonclos and providers, In addlllon to our charltable activities, we hav& provlded a record level of volunt8&rlng opportunill08 for busSn•s888, local people and jobseekers, with the aim of.. P051tlvely impacting food provlslon a¢ross En￿and'S largèst eounty. Drawlng on the Ilme, 8kllls and compasglon of OUT county. Building 8k1118, employablllty. 8elf-¢onfid&nce, and self-esleem. Volunteers form the backbone of our organi88llon. and we slmply would not be able lo respond to fronllln8 need W￿hoUt thelr dedlcatlon. They have opportunlues for a number of role8 8uch as: Sortlng, plcklng and packing food 88 opoTative8 In our centres in readlness for distribullon. Dellverfng food lo charfUes on t8mp8rature-controil8d vans as drfvers or drfver's mal88 In addltion, our Board of Tru8t088 are volunle8rs who dedlcat8 their Ime to govern our organlsallon. In tho flnanclal year 2024-2025 our volunteers provldad 16.918 hours. Based on tho Llvlng Wag8 FoundaUon8 hourly rate In that Ilnancial year, their In-klnd conMbutk)n lotallad £203.016 (£12.00 x numbgr of hour8 a8 a calculallon). In tho flnancial year 2024-2025, Far8Sh8re Yorkshire rec8lved income from th8 following fund8rs.' Fundlng loward8 our Chr18tmas campalgn. Fundlng toward8 the runnlng of tho organlsalion. Funding towards our Chrfslmas campaign. aTn510 & Rolherh8m ommer FuTrJing raised as Charlty of th8 Yoar towards provl$lon of food In Bam8ley & Rothorham. Barnsle Metro Illan Boro h Councll Funding fcf the dellvery of cookery skills sesslons by our FuNCrumb Kllchen In Barnsley for thg Whafs for Tea Bam518￿, Initiatlve. Funding towards the runnlng of the organi8atlon Induding our Chrlstmas Campaign. Fundlng ralsed in the Green Glva and Chr151ma8 Challenge, wlth M81¢￿fUnds from AESSEAL and Big Glve, for the dellvery of the objects of the organlsation. Breathe HR Fundlng towards tha runnlng of the organisatlon. Funding via Fareshare UK lo expand food provision. Page 2 Far88har Llmlted Istè numbe . 03 80184 ort of tho Trus r Ended 31 March 202 Cummln8 Funding via Global Glvlng received towards the Salary of a Volunteer and Training Manager. Evan Comi8h Found Fundlng to UPsklll the cookery and food hygiene pracll¢es of frontline staff and volunteer8 of chadlles and communlty groups lo enable them to better adapt to surplus fcK>d and achleve best practice. Fareshare UK Fundlng towards the logistical and stgffing c¢)sts of the organisation. H8rry Bottom Tru81 Funding to SU51aln and grow food provlslon across South Yorkshlre. Hatmill Ltd Funding towards the running of the organ18alion. Fundlng to $u$laln and grow food provision across South Yofkshlre. Fundlng to 8U8taln and grow food provision ac￿$ Soulh YoTkshlr8. unl Tru5 Fundlng was partlally lo purcha88 and dl8trlbute BP8clflc food $tsple$ and partlally to redi8tribute tonne8 of 5ufpIus lolletrles 8nd non-food household i18m8. Fundlng for th8 distrfbullon of Surplus ft￿d In the Leeds locallty and for dislribullon durlng th8 SC￿10[ holldays to th088 organl8atl￿8 OP8raUng Healthy Holiday projects. Fundlng to delI￿r 8 cookery S￿.118 programme foi chadlles and comrwnty groups based in East Leeds. Cust Fundlng wa8 ullllsed lo purchase a new lemperaturtrcontrolled vehlcle lo enable a growlng output of surplus food to charlllas located in the vlclnlty of LNER routss in Yorkshlr8. DH ndatl Fundlng and vlt81 logl8tlcal 8UPPOrt toward8 the runnlng of the organisallon. Funding r88lrlclad to tho purchase of PPE Ilem8. Fundlng towards the runnlng of tho org8nlsalkJn. delez Foundation Funding Bnabled 8lgnlflc8nt anhancemenls to our F￿1C[Urnb Kllchen. wilh an exp8n5ion to three set-ups lone Industrial kll¢hen. two pop-up kltchensl wlth both upgraded and expanded equlpment for leaGhlng to benefll moro peoplé. ewb TNst Ltd Fundlng supported the provlslon of a Food Sourclng Manager to Inter¢ept more ft)od for addltSonal Gharltie8 to beneflL HS Sh8red Bu rvi¢e$ Funding tOW8rds the Nnning of the org8nlsatlon. werB ness Solulions Foun Iton Fundlng recèived lo purchase an 81ectric temperatUre￿O￿trOl8d van to b8 operated out of our L8ed8 operations in the next financial year. olail Ex Funding toward$ the njnning of the organisalion. Rolherham Me Illan Borou Fundin9 for the purGhase, storage and dislribullon of toi18tries for charities in the Food In Crisis Inlllallv8 and a grant received for the dlslrfbution of surplus food to members of the same inltlallve. Pag8 3 Fareshare York hlre Llml stered number: 0368 f the Truste6s ar h202 ForTh Y Shaw Land5 Tnjst Funding to sustain and grow food prov181on In Bamsley. Shoffield Mutual Fundlng donated by vithe of placlng second In the annual Sheffield Mutual Charlty Awards. Fundlng to sustaln and grow food provlslon across Sheffield. low Faml Fundlng towards the runnlng of tha organlsatlon. ommunil S rtsand Charlt Found li nHom Fundlng for new Iralning equipment in our Fullcrumb Kltchen Fundlng towards our Chrlstmas campalgn. Funding towards the Nnnlng of the organlsalion. Wak field PrewPr arB ramm School Fundlng towards the runnlng of th8 organlsallon. Yorkshir8 B 11 In Foundation A ￿-year fund from YBS vla F8reShare UK towards the dollv8ry of employabllity 8UPPOrt across our sil88 and in the rag1(￿. chievement and performance Our18am pr8vent8d 2,250 lonn88 of good fcod from b8lng wast8d Th18 conlrlbuted to 5.4 mllllon meal8 (an Increase of 380,000 compared with 2023120241 361 member8hlp8 wara provlded, wSth each frontllne organlsatlon reCeI￿ng at 1888t an 8verag8 of 5.5 tonnes each through weekly dellv8rie8 or coll6ction8. The top seven categorles we Intercepted lor our partners were.. Fr88h Vegetabl88 Dalry Fresh Frutt Fresh Bakery Maal Ready Meals Savoury 720 lonn&8 258 tonn 240 tonn&s 156 tonne8 111 tonnas 111 lonn89 98 tonnes 569 food 81108 SUPPOrted our work- an Incr8a80 of 33 sttes compared wlth 202312024. Thelr surplus food had an 98tlmated ratsll value of £7.400,000 - somethlng our fronllSne partn8rs could never oth8ThAs afford. Ourfronlllne partners fod an average of 42.000 peoplg perweek. Page 4 share Y rkshlre Llmlted ort of the Truste or The Yoar Endod 31 Mar h202 Slrateglc acllons The Board of Trustees and the Senlor Leadershlp Team are focused on the main objects of the charity, in particular the need lo conunue lo establlsh Ilnks acros5 th8 focd industry and manage ways to allow commercial organlsatlons to redlstrfbule thelr surplus to those In need. We contlnue to forg& Ihase Ilnks lo find new and Innovalfve ways to secure food and ensure the fronllln& organi88Uons we 6erv6 can ullllse thls In 8 helpful and meaningful way that helps reduce food insecurity. In addition to this we continue to work lo., S8cure lundlng for the renaw81 of critlcal fixed assets withln our organlsalon, such 98 lemperalurgvconlrolled van$, Enhance tha facllltl88 wa hav8, such as tralnlng kltchens. Ralse mu¢l￿ne0ded funds through donatlons and fundraising to seGure the core work of th8 organls8tlon. Vvhere futher need$ are Idenllfled Ih8t 81Sgn wllh our oblècts, we wlll $88k funding including grant fundln9 reslrlcted for a partkular purpose. F8reshare Yorkshlre contlnues to look at ways to manage Its work 8ffeGts'vely, our new CEO h8s exlgnslve experionce of worklng lor Fareshare Yorkshlre, In vartous rol8s prevlously and understands the netsvork and the loglsllcs Sn tK)Ih sourclng and dlstdbullng the same. The senlor 18adershlp leam are now well establSshed and the whole senlor team work8 well to support one another, tho organi8allon and our Board of Trustses to allow them to govern u5 In an effectlve way. Our team ha8 been lurther strengthened by th8 addlllon of a Volunteer and TraSning Manager who works to 8ecure regular volunt8&rs (both corporate and communrty-ba8ed) a8 W8118s belng the driving force behind th8 Increase in our soclal med18 we8ence. The Fullcnjmb Kitchen delivers support for fronlline organ15allons through meaningful cookery skllls sesslons. Thls focus88 on utlll8lng the surplus Ingr8dl8nts we predomlnantly redi8tribute. and a8slstlng best practice through 8¢credit8d food hygien8 tralnlng. The Community Outreach Team has forg8d 8trong8r Ilnks with th6 Ghadtle8 we serv8 and continues to seek out further org8nl$atlon$ that would materlally b8nefft from our 8&Nlces. The Operations Team work Ilrel888ly alongside our volunteers to sort, plck, pack and deliver the surplus food that we rocelvo. Our Supply Chaln Manager $9¢ures 40% of the food we redlstrlbute uslng ￿ 7,5 tonne lorrlas to qukkly Sntercept avallable 8urplu8. In essence everyone within Faresh8re Yorkshlro, W￿th￿r théy be pald staff or volunleors ara ddv8n to work as a tgam to help u8 meet the ¢)blectives of Ihe ¢h8rfty. Movlng Into th8 financlal year 2025-2026 financlal challenges hav6 baen at thé forefront of the work we havo done and thls has Included r8vlewlng our prlclng stNclure for our membershlps whlth has bèen rolled out and manapd wèll. We strive to reach moro charllles, groups and organisations that would benefit from B memberBhlp wlth us. Our Board ol Trustee8 meet on¢e par qu8rt&r for a ful board me8llng. In oddllion lo this we have kn 8ub.committees made up of key board members and personnel who feed Into the same, these are our flnance sub-committe8 who also meet once por quarter and our rS$k sU￿COMmIttee who keep abreast of risk8 both Intemal and exlemal to the organlsation. Page 5 Llmlted R Istered num ort of the Trustèes eye rEn 8d31 rc STRATEGIC REPORT Flnanclal revlaw Fln¥n¢lo1 performance The financial re9uIt9 are shown in the slalement of financial actfvilie9 get out on paga 13. Durlng th8 year the charity made a surplus of £50,276 (cons151ing of a £83.432 unrestricted deflclt and a £133,708 restrfcled surplus). A review of tho 25126 budgat wag done eady to plan for a minimum of a break even point in the 25126 y8ar and resulted in increased membership feas due to the excaption81 infiatlonary pressure placed on th8 organisation. Llke other charftles Ihere are rlsks th81 are continualty monllored to ensure that these are mitigated as tsr as Is reasonably possible. The m81n risk is the cessation of funding from one or more of our key funders. To mil￿at¢ this, w8 keep in regular Contsct ￿th Ihe local authorflles Ihat we work with as well as keeplng in r8gular contact wllh our member organl8atton$ lo ensure that we conllnue to be aware of any ¢cffiGems or Issues that may arlse. A further rtsk to our org8nlsatlon is the type of supply of surplus food that wa rec8ive and how our members can ensure this food 18 moved on to Iho88 in n8ed. We are aware that some organisalions do not have a facillty lo u1115se gome of the fresh Ingredlen18 that we source or the Ga18rlng packs that We are at tlmes provlded wlth, we ar8 therefore actlvely working wilh th8m to find solutions. We uli118e our Fullcrumb Kitchen lo provlde training lo frontlin8 organlsallons and improve the viablllty of Ih8m operallng a worklng kll¢hen to benofll gs much gs possible from the type of surplus erislng, We aim lo develop this work further moving forward. In addlllon, we contlnue to ensure that w8 have a dlverse mlx of funders to reduce over rell8nc• on slngle Income 8tream8. Our tryjdgets havo been sèt for the next finan¢lal year, and tho charity 18 8xpected to conllnue oparatlng as In the pa6t yaar. Prln¢lpal fundlng •ourc•J The char5ty ha8 mlxed fundlng sources Including grants from lo&il authodll85, as w811 88 other grant glving organlsatlon8, corporale busSnosse8, don8lon8, grants from regional and local funders and conlribulbon8 from Communlty Food Members wlth a mlxture of unreslrlcled and restdcled prolect fundlng. I￿￿$1m•nI pollcy and obJoctlva8 Th8 companV8 Inve8kn8nl powers are sat out In118 Mamorandum and Artlcle8 of AsBoualion and alk)w th8 company to invest fund$ not Immedlalely requlred in inv881mants, s8curlllo$, and propety. Page 6 Far8 rèyo Ited R Ister8d number: 03 01 ort of the Trustees r Endod 3 rch2 STRATEGIC REPORT Finan¢ial rovigw Reserves pollcy Reserves ar8 that part of the charity's unrestricted fvnds that Is freely available lo spend on any of the charity'8 wrposes and excludes fixed assets. Fare$har6 Yorkshire maintains free unreslricled reseN6s: To provlde a level of worklng capital that protects the Gontlnu6ty of our work. To provid8 a18V81 of funding for unexpected opportunities To provide cover for rlsks such a8 unforeseen 8xp8nditure or unanticipated loss or Incom8. The Board of Trustees wlll reviaw the above crilerta wlth reference lo Fareshare Yorkshire's Strategic plan and dotermlna the target laval of free reserves lo meet those, the current leval of free caBh rosgtves targeted Is equiva16nt to 6 months key exp8ndilurg cogts which 18 currenlly eslimaled to be around £546,000. Our general fre& reserves lexdudlng tanglble fixed assets) on 31 M8rGh 2025 were £86.496 representlng 16% of Ihe tsrgel. The organlsallon Is Btlll worklng towards this 18vel end wlll continue to do so untoi It 1$ mel. The total amount of funds held are £442,295, of whlch £314,762 are restrfctgd. Rl•k managom•nt The charlty has a rfsk subrycommlttee whlGh meets 4 tSme$ por year and Is made up of 4 Iruslges and 2 members of Ihe senror leadershlp loam. The sub-commlttee reviews those risks that are seen as most Ilkely to affect the buslness and Ils ablllty to continue to operate and reports lo th8 full Board of Truste8s on a quartorly basis. These argas include. but are rKrt confined lo governance, gxlemal Ib5ks. regulatory and compllancg, flnanclal and operallonal. Fare8harg Yorkshire has flnanclal proGedure6 In placa to Ilmlt the rlsk lo the org8ni881ion, and those ar8 revi8wed annually in Ilne vAlh good practlce. Fareshare Yorkshire has a detailed risk 888essment procedure in place. and these are regularfy reviewed. In addllion number of axtemal audi18 take place to &n8ura compllancg as part of th8 food Industry. Key staff members a180 meet regularfy for heallh and safety revlews and to addre88 any Improv8men18 and needs moving forward. PLANS FOR FUTURE PERIODS The charlty's maln pdodiies for 202512026 are.. To Improve food supply18V8ls In Iln8 wllh CFM drlven d8mand. To reduce waslo wilhln our organisalion and ulillse as much of tha food received a818 POBslblo, To 88tabllgh Ilnks wlth new CFMS and grow our membershlp bas&. Work wlth our CFM5 and partners to ensur8 our support 18 impactful and help8 addre88 the root C8US88 of food Insecurity. To contlnue to provide employability opportunilles and cooking skills programmeg. To contlnue lo Innovate 8nd creato new soluuons of worf(Ing practice wlth the food Industry to source the food we ne8d to 5UPPOrt our members. Ensure the structure and resourcas of the charlty 8re fit for purpose. To secure funding for key flxed 88sels required lo Improve our servic8. To consld•r any su5tgble grant fvnd8d work to assisl In dellvering the objects of our charity. Golng Concom Fareshare Yorkshlre works continually to achlove long term sustalnability of th8 organisallon. Having a clear vlsion of polonlial obstacles that the organisatlon may fw alknvs the organlsatlon to work around the$¢. For that reason, the trust885 of Fareshare Yorkshire continue to adopt lh8 going concem basi5 in preparing the accounts. Futuro plans Fareshare Yorkshire is worklng towaids ils bng4em future and appreclates Ihg need for a mlxed economy of work vthhin the charfty. We wlll contlnue to ¥ecure opportunllles to redislrlbute gurplus food to those In need and work whh our local and national partners In dolng $0. FaTeshare Yorkshire will identlfy any further opportunltle3 thal may arlse to mget tho obi8ctsves of the organisalion. Fareshare Ycffkshire wlll contlnue to provide both employabHIty opportuniti8S and volunleerlng opportunltles across the ole organlsalion. Fareshare Yorkshire wlll Improve Ils connectlons wlth the local and wider communlty vla the different g0¢ial medla platforms that we have access to as well as our own website. Page 7 Far8sharè Y rk Istar8d nUM￿r. 03680184 ort of the Trustees Year Ended 31 March 2025 STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng docurnent Th8 corry)any Is reglstered as a company limited by guarantee, wlthoul a share capital. Its goveming instrument 18 its Memorandum and Artl¢l6s of Association. Board of Trusta•$ S Hobbs D Swlnden S Sunderland S Stothart M Taha M Wlllm8tts R McElroy D Heaton J Longdan C Evans S Johnston None of tho Truste88 ha8 any beneficS81 Inlere8t In the company. The company malntalns Ilability insurance for Ils dlreclors and officers. The Board of Trustees seeks lo appoint members with a broad expertence and 8kilb relevant to the objectives of Fareshare Yorkshire and wllh sk1115 in busin&s8, mana￿Ment, flnanGlal and legal backgrounds. Rocrullmgnl and appolntm8nt of now Trustee The truste88 ar& appolnted by th8 Members of th8 company. All trustees relre al each Annual General Megtlng and belng ellglble. offer Ih8m$elve$ for re*lecllon. The trustees can appolnt addltlonal trustees lo fl118 ¢a$ual vacancy. Any trustee so appolnled wlll hold office only unl51 th8 followlng Annual General M88ting and shall then be ellgSble for r￿leCtIon. Organl•allonal •tfUCtur• The Board of TNsts85 me81 every quarter and 1$ re8pon81ble the 8trat8glc dlrectlon and pollcy of the charfty. The Chief Executlve Officer is acwuntable to the Board of Truslee5, and they delegate day lo day operatlonal re8ponslblllty to th8 Chlef Exe¢ulSv& Offic8r. Regular update$ are provlded to the Board In relatlon to slrategtc Issue8. These Can be through Sub-commlttee meetings for Flnance and Fl'sk leach held onca per quarter) or through our Fullcrumb Bites calls btheen the Board and Chlef Exoculfve Offlcer to provlde thorough, tran8parent updates and provlde opportunity for scrullny beknen full Board meetlng8. Inductlon and tralnlng of n•w Trustso• All naw Trustees lo recelve an inductlon from a board member and 8re invlted to vl811 the operatlonal 8ite8 to galn greater und8r8tandlng of how the charfty performs Its work. K•y managem•nt romun•ratlon All senlor management pay scales are dètemilned by the Board of TnJsbe$ and are In Ilno wllh local and natb)n81 rol88 al ari equlvalent lovol. Wldar noiwork As part of a natlonal group the ar88 Sn whlch the ¢harlty op8ratég Is reslrlcted, howaver there Is greater opportun6ty to oblaln certaln types of fundlng directly or through Ihe natlonal nelwork. Faresharé York8hlre work wlth the local aulhodlies wlthln Ch•ng• In c•8h ond ¢a•h •qulval•nts In tho roportlng p•rlod Cash and cash •qulvalant8 at tho boglnnlng of tho raportlng p•rlod {88,235} 60,999 277,331 216,332 Ca•h 4nd ¢a•h oqulval•nt• at th• •nd of th• r•portlng porlod 189,096 277.331 The notss form part of thes8 flnandal statements Page 15 esha Yorkshlre Llmlt Not Fo he Cash Flow Statement 31 M rch 2025 RECONCIUATION OF NEf INCOME TO NET CASH FLOW FROM OPERATING ACTivmE8 2025 2024 N•t Income for th& reportlng p&rfod (as por th• Statsmfrnt of Flnanclal Actlvltles) AdJ￿¢m￿nts for: DepreGlatlon charges Loss on disposal offix8d assets Inte￿$t feceSved Incroas8 In debtorn Increase In ueditors 50,276 34,634 76,650 1,274 11) (104,704) 28,511 60.037 (1) 171,813) 74.949 Not ¢a•h provld•d by opgratlon• S2.￿)8 97.806 ANALYSIS OF CHANGES IN NEf FUNDS At 1.4.24 Cash flow At 31.3.25 N•t ¢Mh Cash at bank and in hand 277.331 (88,235) 189,096 277.331 (88.2351 189.096 Tot•1 277,331 (88,235) 189,096 The notes form part of these financlal statements Page 16 Fare8hare Yorkshlre Limited Notes to the Financial Statèments For The Year Ended 31 March 2025 ACCOUNTING POUCIES Basls of proparlng thg flnancial stslemenls The financial ststemenls of the charltable company, which is a public ben8fi1 entity under FRS 102. have been prepared in accordance with the Charltles SORP (FRS 102) 'Accountlng and Reporting by Chaiitiey: Statement of Recomm8nded Practice applicable to charities preparing their accounts in accordance ￿th the Financlal Rep)rting Standard applicable in thg UK and Republlc of Ireland IFRS 102),, Financial Reporting Stsndard 102 'The Financlal Reporting Standard appllrabb In the UK and Republic of Ireland. and the Companies Acl 2006. The financlal statements have been wepared under the h15tortcal cost convention. Golng concern The ¢harlty prepares Its flnancial statements on a going concem ba$l$. assumlng the organisalvjn will continue opgraung for the foreseeable future, with the Trusle88 conducllng a thorough a$$e¥sment of the chaiivs ablllty to conllnue a$ a golng ¢oncern for at least 12 months from the date of approval of the finandal stalemenl8, consldering factors such as fundlng sources, cash flow projections, operational sustslnablllty, and any slgnir￿anI risk8 or uncertaintieg that could Impact th8 charivs abi16ty to op8ral&. The trustees have condud8d that there are no Mate￿81 uncertalntles at*)Ut the chadty's ablllty to conllnue as a golng concern and therefore they corrtlnue to adopt the golng concem ba61s of a¢countiThJ. Incomfr AJI income 18 recognlsed In the Statemènt of Flnancl#l Acllvttles once th8 charity ha8 entluemenl to the fund8, It is probable that the IncA>me wlll b8 received and th8 amount eAn be measured rellably. Grants ar8 Induded in th8 Statement of Flnanclal Actlvllles on 8 réceiv8b￿ basi8. The balanco of Incom8 recolv8d for sp8clfic purposes but not expended durlng the perl¢Jd Is shown In the relevanl fvnds on the Balance Sheet. Where income 18 re¢elved In advance of entlllemgnl recelpl, Ils ￿cOgnItIon is deferred and Included In credltors as deforrod incom8. Where enlltlgm8nt occurs before Income is recelv8d, the Income 1$ accrued. Exp•ndllur• Liabllllles are recognlsed a$ expendStuie 85 soon a8 there 1$ a legal or constructlve obllgauon cimimlttlng the charity to that expendSture, It is probable that a transfer of economlc benefits will be requlred in 8&tt1ement and the amount of the obllgallon can be measured reliably. Expendllure is accounted for on 8n accruals b861s and has been cla88rfied under headlngs that aggregat& all co81 related to the category. Where c08ts cannot b8 dlreclly attrlbuted to parllcular h6adlngs they have been allocated to a¢tfvltl68 on a basls con818tent wlth Ihe us8 of resources. Tanglbl• Ilx•d a880t8 A888tg are Inlll8lly rocognised at cost and $ubsequenlly m888ured at cost, net of dopro¢lallon and any provlslon for Impalment. Depreclatlon Is provlded at tho follovlng annual rale8 In order to write off each asset over Its 8$1imaled useful Fumlture 20%. 25% and 33% on cost Computer equlpment 330h on cost Plant and machlnery 25% reduclng balance Taxatlon The charlty Is exempt from corFM)ratlon tax on It8 char6table activ11688. Fund accountlng Re8trFcted funds are funds recelved from donors whl¢h are suwct to r8slrfdons on the purposes for whl¢h they may b& used. Unreslrlcted funds are those where there are no extemally ImF4)sed reslrictions. These Indude funds freely avalable to the charfty for expenditurè or appropriation to reserves for intemally d8signaled purpose8. Donated goods and donaled faclliti95 Assets donated for use by the charity ara Indudod in incorning r6sour¢es when recelvabla. Donated assets aro Induded in Incoming resour￿ and capltalised as fixed assets at the directors, esllmate of their value to tha charoty. Donated faclllties are Induded as In(x)ming resources and direct chadtable expendmure al the dlrectots, estimate of the cost of the facilities.The compan￿$ activities conslst of the di5tribulion of foodsluffs lo projects for the homeless. AJI ftM)dstuffs are donaw to the company. but no 8stimate of their valu8 is inctuded in th8 statement of financial aclivlties. Page 17 continued... Fareshare Yorkshl Llmlt t s to the Financlal Statements - contlnued The Ye rEnd ACCOUNTING POLICIES . contlnued Flnan¢lal In8trum0nts The charity only hold8 baslc flnanclal Instruments as defined by FRS102. The flnancial assets and fina￿181 liabilities of the charity and th8lr measLtrement basis are as follows: Financial assets - trad8 and other debtors arn basic financi81 instruments and are debt instruments measured al amortised cost. Prepaymanls are not flnanclal Inslruments. Cash al bank - Is classified 88 a b881¢ tlnancial instrument and is m6a8ured al face value. Flnanclal Ilablllll8s Irada credltors, accruals and other credltors are flnanclal Instruments, and are m&a8ured at amortised c08t. Taxation and sodal security are not included In the flnancial instruments disclosure deflnltlon. Def8rred income is not deerned lo be a financial liability. as Iha caBh settlement has already tskan place and there Is an obligatlon lo dellvar servlces rather than cash or anolh6r Ilnanclal Instrument. Publlc benefit ant eonc8s5ionary loans are inllally recognised at the amount recelved and the carrying value 18 subsequently adlu6tsd lo refléct any accrued Interest. DONATIONS AND LEGACIE8 2025 2024 Donatlon8 232.977 99,059 INVESTMENT INCOME 2025 2024 Depo811 account Int8r8st INCOME FROM CHARITABLE ACTivmE8 2025 Total 8ctivitl88 2024 Total activStles M8mbership fee5 Grants & contract8 Other services Recycling food Training & Cooklng 8ki118 Other 8arvlce8 471,728 96,805 93,977 216,500 211.918 780,449 93,977 229,546 745,967 58,962 403.235 13,046 471,728 407,282 224,962 1,103,972 1,208,184 CHARITABLE ACTivmE8 CO8T8 Dlrect Costs Is8e nolg 6) Support costs (se8 note 7) Totals Membershlp fèos Grants & conlracl8 Other servlceg 610.769 567.287 53.441 55,177 865.946 567287 53,441 1.231.497 55,177 1.286,674 Page 18 continued... Faresharè Y r Ire Llml N tes to the Flnan lal Statements - contlnued orTheY arch 025 DIRECT COSTS OF CHARITABLE ACTMTIES 2025 2024 Recydlng food Training & cooking skllls Other s8rvic&s Loss on sale of assets 1,169,012 7,770 53,441 1,274 1,064,112 3,907 139249 1,231,497 1,207.268 SUPPORT C08T8 Gov8mance costs Manag8ment Totals Membershlp fe&$ 44,015 11,162 55,177 Support costs, induded In the abov?. are as follows., 2025 Membershlp fees 2024 Total activities In8uranca Telephon Pdntlng, postagg and slallonery Bank ¢h8rg9s Sundd&s A¢¢ountancy and legal fees Leg81 fees 8,538 5,983 5,052 1,989 24,453 11,162 2,336 5,187 3,961 1,053 22,339 12,923 17,523 55,177 85.322 NET INCOMEIIEXPENDtruRE) Net Incomel(exp8ndlturel Is staled after chargk￿1(Cred51Ing). 2025 2024 Depr8clallon- owned 888ets Deflclt on dlsposal of flxed assets AudSlors remuneration and a¢oountan¢y fees 76.650 1,274 11,495 60,036 12.923 TRUSTEES, REMUNERATION AND BENEFrrs Ther8 v￿8 no trusleo8' remunerallon or other benoffts ft>r the year ended 31 Mar¢h 2025 nor for the year 8nd8d 31 March 2024. Tru•teos' oxpon80• There were no trusl8es' expen888 pakl for th8 year end8d 31 March 202512024.. £174) Page 19 contlnued... Fare8hare Yorkshire Llmlted Note lo the Flnancial tatements - conllnued For The Year Ended 31 March 2025 10. STAFF COSTS 2025 2024 Wag88 and Bal8rle6 Soclal 8ecurlty cos15 Other pension costs 605,589 51,709 12,618 $97,537 47,439 17,185 669.916 662.071 Wag85 and salaries In the year include a staff redundancy payment totalllng £2,453. The staff redundancy was fulty sett18d during th8 yaar. The average monthty number of employees durlng the year was as ft)Iows.' 2025 22 2024 24 Ch8rltable actSvltl8S Th8 numbgr of employees wh060 employoe ￿n•fItS lgxcludlng empbyer pension costs) exceeded £60,000 wa8: 2025 2024 £60,001- £70,O¢xi A substantlal amount ol volunteer Ilm818 given lo Ihe chatlty. Th18 Is dl8cussed In tho Rèport of th8 TnBteg9. The lotal amount ol employee benefits (includlng employer pensh)n conldbutkJn8) rec81ved by key management per60nnel for thèir $8rvices to the char6ty was £236,189.12024.' £170.844). 11. COMPARAllVE8 FOR THE STATEMENT OF FINANCIAL ACTIVITIE8 Unrestrlcted funds Restrlcted funds Total funds INCOME AND ENDOWMENTS FROM Donation8 8nd1ogaci8s 89,110 9.949 99.059 C￿￿tabl? a￿1¥111•8 Memb8rshlp fees Grants & contracts Olher service5 370.293 102,825 283.625 370,293 517,362 320,509 414.537 36,884 Inveslment Income Total 845.854 461,370 1,307.224 EXPENDITURE ON Charltable actlvtt1•8 Membershlp fees Grants & contracts Other seTh￿S 456,340 320.579 134.888 19,663 336,759 4.361 476,003 657.338 139.249 Total 911,807 360,783 1.272.590 NEf INCOMEI{ExPEND￿URE) (65,953} 100.587 34.634 RECONCILIATION OF FUNDS Total fvnds broughl forward 276,916 80,469 357.385 Page 20 contlnued... Faresharo Yorkshlre Llmlted he Flnanclal Slatements - conllnue r Ended 31 March 2025 11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTMTIES - contlnued Unrestricted funds Restricted funds Total funds TOTAL FUNDS CARRIED FORWARD 210,963 181,056 392,019 12. TANGIBLE FIXED ASSETS Fixtures and fittings Plant and ma¢hSnery Motor V8hldes Computer equipment Totals COST At 1 Aprfl 2024 Additions Di8po8al8 5,000 226.023 101,065 299,434 38,725 {16,0001 539 1,552 530,996 141,342 {16,000) At 31 March 2025 5,000 327,088 322,159 2,091 658,338 DEPRECIATION At 1 Aprfl 2024 Charg8 for y8ar Ellmlnated on dlsposal 1,402 900 200.178 40.383 180,072 35,135 (13,6261 539 232 382,191 76,650 {13,626) At 31 March 2025 2,302 240,581 201,581 771 445,215 NEf 800K VALUE At 31 March 2025 2.698 86,527 120,578 1,320 211.123 At 31 Marc* 2024 3,598 25,845 119.362 148,805 AJI fixed assets are u8ed for dlrect ch8ritabl6 purpo805. 11 DEBTORS: AMOUNT8 FALLING DUE WITHIN ONE YEAR 2025 2024 Olhar debtor8 222,125 117,421 CREDITORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Social SeCu￿ty and other taxes Other credltors Accruals and deferred Income 14,642 64,833 100,574 12,918 44,301 94,319 180,049 151.538 The movements on deferred income wer&: 2025 2024 Balance brought forward Income recelved Incom8 r818a¥ed to SOFA 39.250 21.480 84.087 39,250 139.250) 121.480) Balance cardad forward 84.087 39.250 Income has be•n deferred because It relates to future a¢¢ounting peri¢)Js as slipulaled by the funders. Page 21 continued... Fareshare Yorkshire Llmlted to he Flnanclal Sla ForT ements- conllnued h 2025 LEASING AGREEMENTS Mlnlmum lease payments uThJer non4anceilable operalirKJ leases fall dua as follows: 2025 2024 Wlthln one year Beknn one and Ilve yea 35,364 70,338 33.000 99.000 105.702 132.000 16. ANALYSIS OF NET ASSEfs BETWEEN FUNDS 2025 Total fijnds 2024 Total funds Unr6strlct8d funds Restricted funds Fixed 888ets Current assets Curf8nt Ilabllltlas 41,037 266,545 (180,0491 170,086 144.676 211,123 411,221 (180,049) 148,805 394,752 1151,5381 127,533 314,762 442,295 392,019 Th? 2024 total fund8 balance of1392,019) wa8 mad6 up of the followin9: Unre51rlctsd 210,963 Restrfcted 181.056 17. MOVEMENT IN FUNDS Net movement in funds Transfers belween funds At 1.4.24 31.3.25 Unr•8trfct•d fund• Gener81 fund 210,963 {88,1001 4.670 127,533 Rostrlcl•d fund• WRAP Recydlng food Donatlffis and legacl8s Nallonal L¢Jttery Communlty Fund Charltable Activities Other In¢om& 4,362 70,401 69,505 36.788 14,362) (33.372) 113,825} {9.1971 135,913 63,219 (37,029) 15,000) 50,680 27,591 172,947 63,544 37,034 325 181,056 138.376 (4,670) 314,762 TOTAL FUNDS 392,019 50,276 442,295 Page 22 continued.. Fareshare Yorkshlre Llmited Notes to the Flnancl I S ements - contlnue For The Year Ended 31 March 2025 17. MOVEMENT IN FUNDS- contlnu Net movement In funds, Induded In the above are as follows: In¢omlng resources Resources Movement expend8d in funds Unr05tr1ctod funds General fund 784.584 {872,684} (88,1001 R••tr1¢t￿ fund• 14,3621 (117,3721 (13,8251 {9,1971 (258,7041 110,5301 14,3621 (33,3721 (13.8251 19,197) 135.913 63.219 Recycllng food Donations and18gaclas National Lottery Communlty FWKI Charitable Activities Othér Income 84.000 394,617 73.749 $52,366 1413,990) 138.376 TOTAL FUNDS 1,336,950 {1,286,674) 50.276 CoMpar￿1V01 for M0￿mOnt In fund• Net movement In funds At 1.4.23 31.3.24 Unrostrlctod lunda General fund 276.916 (65.953) 210,963 Rostrlctsd lund• 8,723 14,361 } 70,401 (2,2411 36,788 4,382 70,401 69,505 36,788 RecycNng food Donallon8 and legacl&s Nauonal Lottery Community FuTrJ 71.746 80,469 1Cw),587 181.056 TOTAL FUN08 357.385 34,634 392.019 Comp8ratlve nel movwnenl in funds, Included In the above are as folbw8: Incoming resources Resources expended Movement In funds Unr081rlctod funds Genaral fund 845,854 {911,807) (65,953) Reslrlctsd furbds WRAP Other seNIc85 Recycling food Donations and legacies National Lottery Cornmunity Fund 14,361) {145.010} (198.440} (12.190) 17821 (4,3611 145,010 288.841 70.401 (2,241) 36,788 37,570 461.370 1360.783) 100.587 TOTAL FUNDS 1.307,224 (1,272,5W) 34,634 The re8trf(thl funds are used for the foll¢)wlng purwses: Page 23 Continued... areshar8 Yorkshlr es to the Flnanclal Statem he Year End d nts - contlnued 17. MOVEMENT IN FUNDS-¢ontinugd J W Chapman- lo support our Work in Doncaster Evan Comlsh Foundation- to SUPPOrt the work of Fullcrumb Kltchen Sainsburys Freezer Fund- to purchase freezers for CFM'S Freamasons- lo purchas8 a new forl( lift truck In Leeds F8re8har8 (UK)- Purchase of vehicles and mezzanlne Iloodng. LNER- lo purchase a new vehicle to support dellverfng to members. WRAP grant funding lo support the work of YSH (Yorkshire Storage Hub) 8nd RLS (Regional Logistl¢8 Solution) and the provisSon of frozon foods for CFMS. Nallonal Lottery Communlty fund- Purch898 of a van fftied with fridges to enable Increased distdbutlon of food. Leeds City Counell- lo support our work in Leeds Roth8rham Councll- lo support the purchage, storagé and dlstrlbulon of food In Rolharham Newby Grant- Fundlng recleved to help support the costs of fuifiling ihe loglstlc5 manager rol8. Yorkshire Buildlng Sodety- funding recieved towards employability acr088 the Far8share 51te8. L86ds ChrfBllan Church- Funding recievad for the purchase and distributSon of food. Npower- Funding reGleved to purchase an electric vehicl8. RMBC Tollelrte￿ Fundlng recleved for the purchase. storage and dlsthbullon of lollelrt88 to tho Roth8rham l(xallty. Glob81 Glving- Fundlng recolved towards the salary of a Volunteer and Training Manager. Mill8r Homes- Fundlng recleved for Ihe purchase of PPE ilemg. Mondelez- Fundlng from Mondelez to be ulllsed towards Full¢wmb. Transfvrs fn Ihg year b￿￿e8n fund8 relate lo transfering funds from unrgsldcted to resldcled fvnds to cov8r any overspend on flxed asset purchases. Al the year end the Recydlng Food fund wa8 transferred to Charltable Acllvltle$ fund lo show a more accurate representauon of the fund. CONTINGENT LIABILITIES A8 lar as tha dlrector8 ara aware, there were no conllngent Ilabllltl85. 19. CAPITAL COMMrfMENTS 2025 2024 Contracted bul not provld8d for In th8 flnanclal statsments 20. RELATEO PARTY DISCL08URES There waro no related p8ty tran88clbons lor the year ended 31 March 2025. 21. ULTIMATE CONTROLLING PARTY The Company Is ultimately controlled by its mgmbern. No Individual member has control. 22. SHARE CAPITAL The company is regl$lered as a company Llmlted by Guarantee and has no share ¢apSlal. Th8 current membèrs are gu8rentor8 In the sum of £5. Page 24