Charfty r•gi>tration number 1084287
INTO THE COMMUNITY
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

INTO THE COMMUNITY
LEGAL AND ADMINISTRATIVE INFORMATION
Trn$t•
R Edwards
Sherratt
l Jegurwn¥
M Avotri
A Mlolha (Chairl
Chadty numb•r
1084287
Ind•pènd•nl oxaminer
Darren Croucher BS¢ (Honsl, FCCA, FCA.
Crouchets Ltd
2 Copperhouse Court
Caldecotttr
Milton Keynes
Budfinghamshire
MK78NL

INTO THE COMMUNITY
CONTENTS
Pago
Tru51ees' report
Statement of trustees, re8ponsibililie8
Independent examine¢s report
Statement of finanual aclivilies
Balancè sheet
Notes lo the finanrAal statements
9.18

INTO THE COMMUNITY
TRUSTEES, REPORT
FOR ThTE YEAR ENDED 31 DECEMBER 2023
Tho Tru8tee8 p￿sent thgir annual report and financial statements for the year ended 31 December 2023.
The financial slatemenls have been prepared in aceordance wilh the 8ccounting polieies set out in note 01 to the
financi81 statements 8nd compty with the Charity's goveming dOC￿ment, the Charities Act 2011 8nd"A¢¢ounting and
Reporting by Charities.. Slalement of Re¢ommended Practice applicable to Char￿e8 preparing Ihelr accounts in
accordance with the Financial Roporting Standard applicablè in the UK and Republic of Ireland IFRS
1021" leffectN8 1 January 20191.
Obltctlves and actlvld•$
Into the Community is a Registered Charity no= 1084287. governed by ils Dedarali)n of Tnjsl adopted on 1$1
Seplember 2000. Management of Into the Community is thè responsibility of the Trustees who are e￿¢ted in
a¢¢ordance with the Dedaration of Trust.
Into the Community sèeks lo benèfit thé citizens of Milton Keynes through the provision of food distribution centres
and a parent and toddler group.
The obleds of the Trust are:
o promote for the ben8fi1 of the inhabitants of Mihon Keynfys in the County of Buthngham5hire ts
surrounding area through the Provision of fac41ities for leisure lime occupation in the inte￿stS of socAal welfare
8nd lo adv8n¢e Ihe education of the pU￿1C lincludiftg without limitation d)ildren of sth¢)ol and pre-$thool age}
and relieve povorty through the prowsion of infomialion, advic8 and vocational IrainirvJ.'
In Sett￿ng obJeetNes and planning for activitses. the Trustees have gNen dL* Cx)n8ideration lo general guidance
published by the Charity CommissTrJn relating lo public benefit. including the guidance 'Public beneft". wnning a
charity IPB2}'.
Publlc b&nefjt
The Trustees have paid Iluo rogard lo guidance issued by the Charfty Commission in deading what activili8s the
Charity should undertake.

INTO THE COMMUNITY
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEAIBER 2023
Actwiti&s
Financial review. review of activities and futur• dwolopments
Th8 Statemènt of Financial Actiwties for the year is presented on page 7 of th9 finan¢ial ststoments.
Total charitable in￿ming re$ourte$ ¥quatad to £544,865. The Food Bank recèived a total 01 £499.137 in the form
of food donations £32.467 and cash donations £406,670 during 2023. Bank interest rec&hied amounted to £7.9D5
whilst £37.823 was received through gift aid. The profrt on the aclivili&s of Into The Community arnounled to
£292,417. Govemance cosls acLounled for le$$ Ihan 2% oftotal expènditurg.
In September 2022 the trustees agreed to donate £300,000 to Milton K&yne$ Community FOUnda￿on IMKCFI to
establish the MK Foodbank Single Beneficiary Endowment Fund with a further £133,0￿ add￿ by MKCF. The
capital of the fund will rem3in in Endowmènt whilst intèrèst and dNidend generated wll be used lo Cover MK Food
Bank c4)re o)sts and speafic project C081s throughout the life of the charity. The fund is due to ts finalis¢d in earfy
2024.
Where indi￿dual donallons. grants, and gifts a￿ restricted it i8 the policy ol Into The Communty that th&s8 funds
are utilised strictly in line wilh the stipulatlon$ of the donor.
Thè trustèès endeavour lo have up lo 18 months opeialing expenses in reserves Ibased on last yeals outgolngs
thls would be £549,109) and are holding £75,000 in reserve for ¢8Pital èxpenses arising from our upcoming movè lo
Galley Hill. ITC held gonorol reserves of £769.572 as of 31st December 2023 in¢lu$ivo of the £150.000 lo be
invested in early 2024.
Into The Community operates The Food 88nk pro￿lIng lo¢al families and inthvbjuals with ess&nllal fo¢d Suppl￿S at
g time when they need them most, ¢xvering the days or sometimes W￿kS bèfore other parts of Ihe 50¢ial care
infraslruthre can come into play. To qualty for help. families or individuals need to be referred to The Food Bank
by one of ils many refèrral agents auoss the aty of Milion Keynes. The Food Bank sèl up a hel ￿1￿& during the
pandemic. The helpline bs a150 used significanlty by the community in addition to some of the lar9trr s&Nng ¢entre$
having Ihe ability lo issue vouthers.
Agents indude Health ￿Sitors, Doctors Surgeries, Probation and Soa31 Serwc8s •tc. ITC operated a Pa￿At and
toddbr group up Unt￿ 31sl December 2023 at which lime operational responsibility was handed over lo Milton
Keynes Christian Centre.
In dauding what actiwties the charity should undertake. the trustees have considered the Charity Commi88ion's
guidance on public bènafit and conduded that ITC'S objectives. alms, and a¢ti¥hl*$ provide identifiabb benefits to
the public and that these benefits are not unr8asonably restricted in any way.
FoodBank
IntroductSon
2023 was18rgely dominated by an escalating Cost of Lmng crisis. Home energy, food and fuel pricos rosa lo new
heights, impacting almost everyong. For the most disadvantaged, thi5 led to ¥ bleok year and a na8d for longer-lerm
support simply lo make ends meet. Infftasingly 81so, many more famil￿5 and individuals have never had to
ask for help before fc￿nd Ihemselves in a position where they ng¢ded lo engage with our crisi5 semces.
Coro Statistics
Over the ¢x)urse of the year we distributed 21,874 èmergency food parcèls. 13.540 of these were adult parcels,
.334 went to children, and 971 were delThrered direcrfy through our communty partners. In addilK)n, oui lopup
shops were visited 3.06Q limos. Overall, this represents an increase of 40% in deman¢J 09ainst 2022, and more
than hall of #ll daim8nts wèré new- around 60 per week.
4S% of parcels given out were seW-referra15 vfd the h&lplin& and 65'h directty through one of thè many support
agencies who wè partner with. Through these local social care, health, edueation and other partners we also ensure
people are receiving hèlp with their underfying issues.
Thè rising cost of food had anolher unfortunate Consequence in Ihat donations of food from the putllc have
decreased. Over Ihe course of the year, dor)ale(I food Wvtr￿d On￿ 66•h of what we needed. and the rest needed lo
be bought.

INTO THE COMMUNITY
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Trends in demand
Over the past ye8r demand foi our sèrvices has inexe8sed by 40%. Almost all of this increase is acuunted by
people who have never had to use our 6eM¢es beforè. In contrast to previous years, th& increase has been steady
throughout the year. Vthere our bu5iesl months are normally in wnler Iwilh food parcel use being diredy linke(I lo
o)Id weather) and we see a decli￿ in Spring and Summer, in 2023, we saw a gradually increase. For the first Ilme
evar wa gavè out more food parcels in August than in January.
A dependency on the immediate aid of food parcels has 8 detrimental effetl on an ullinale, kjngertem solution lo
helping people out of povety. Our Top-up Shops were developed in 2022to address this. Customers can purchase
any 10 ilerns for £2, to a maxirnum of 20 items pei househokl. Th¢ aim is to increase independence and freedom ol
¢hoi¢*, and ultimaioFy help peopk lo lake o>nlrol of their lives and move, stepby4tep. out of poverty.
The shops are open lo everyone in fmanaal hardship, bul we are specificalty tsrgeling Food Bank users who have
had 5 or morè parcels in 12 rnonths {and th8rèlore at risk of dependency) and are now helping hundreds of
households Put fo¢xl on the¥ tables.
As wo11 as our static shops, we have opened ihree mobile top-up shop slops from our van with a further
thro¥ oyning soon. Ov•r 1.000 housèholds have ben8fitted from the lop-up shops so far- genuinely makng
the dtfference of whelherthey fall Into debt, or are able lo use healing and hot waler for longer.
Th• Charlty Hub.
Thè ￿ntInuIng P¥rtnershlp wrfh MK Counul h¥$ $nabled MK Food Bank to go from strongth lo strength. Our
Charity Hub in Kiln Farm, fvnded by MK Council, is now home to four ¢harilies and the Counol's Xtra project. all of
whom are atle lo provide immediate pra¢tical assist8nce lo residents in crisis. Togelher, the organisations have
SLFPPOrted well in excess of 5,000 households in Millon Keynes with food. baby and household essentials, hygien4
and sani18ry produ￿$. Furthemore. by collaborating with the Job Centre and MK Council, we have established a
network of organisalions who also support with h)sn￿81 and debt matters. as well as ad¥￿e and support on a
nurnber of other issues.
Discussions continue lo buikl a new 'Ch*ty Hub, in coryunctiori viilh MK Community Foul￿atIOn. Thls w511 provlde a
long-lemi base for like-rninded organisations to work together to achieve more- tad(ling irnmediale crisès su¢h as
the Cokid-19 pand¥mie and the arriv￿ ofAfghanistani and Ukrainian ￿fugees.
Our supportor8
Our team of dedicated volunteers has inueasfrd lo 90+, dgliverlng around 2SO voluntary hours every week.
Vndertaking a variety of role$ in thè warèhouse, on the hèlpline. * serving centrès and delivering and CA)Ilecting in
our vans, they have been joined this year by a group of collection drivers who support our monthly BIG Doorstep
GIVE. Designed to enable food donations from those who order shopping onllne. we are now wularly collo¢tlng
trom 60 + hous•s and averaging around 2.000 itoms •ach rnonth. Our volunteers come from a divgrs$ rangè of
backgrounds and in¢lude adults aNI young people with support needs, asylurn seekers and those undertaking
community Service and Teparations. Our Corporatp voluntsering pr(*grammo has gone from strength to strength
and during our bu3y months of October- February, we regu18rfy welcomé tèams from business of an sizes acros5
the city. Throughout the year we also welcome major food rnanufactureis Ihiough out partn&r$hip with M&M
Supplios.
This yeai we continued lo foeus heavily on p#rtn•r¥hip bulldlng and d•v•loplng our brdnd. Wnning the MK
Business A¢hievernenl Awards Charity of thè Year award in March openèd many doors and ènabled us to develop
several major corporale relationships. These have resulted in a signfficanl increase in donations of f¢od, money and
lime. as well as i￿kind support. We embraced press opportunitie5 10 raise awareness of our silualK)n, appearing
on local and national telewsion and radio news, and in local publications. We launched a new wèbsite in the
summer. alomng with a blog. and conts'nu$d to raisa our online presence to generate donations and advertise
our services.

INTO THE COMMUNITY
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Support from the communlty - from indwiduals, churches. ￿h0O1$ and community gr￿pS
is strong. Our
Reverse Advent campai9n was our most successful ever and fvndrai5ing through Lo¢algiving and Ju$tgivin9 is high.
Oui Chiislmas 'Message of Hope, event to ¢9￿blate the contributions of the community was a gfeal $￿ceSS and
once again school children Irom across the ¢ity were invited to share mèssages of hope to decorate our Christmas
tree. and share some MUC￿eeded hope and po$ilivity with our eommunity this winl•r.
A¢hlevèmÈnts ond perforniance
SNgnifiGanl activ￿185 and achiev&menl$ 8gwnst obJècfNes
Fln•n¢lal r¢vl•w
Going ¢on¢em
After maknng appropriate 8nquiri8s. the Trustees have a reasonable expe¢lation that thè Charity has adequate
resouT¢es lo ¢ontinue Sn operatK)nal existence for the foreseeable future. For this reason, thgy ￿ntinUe to
dopl the going concem basis in pieparing tho finan¢ial slalements. Further details regarding the adoption of
the going concern basis can be found in the •¢counting policies.
Maiornsks
The Trustees have a$s¢$sed the major risks to which the Charity is exposed, and aro satisfied that systems are in
place lo mf(ig81e exposu￿ 1¢ the major risks.
StN¢turg> governan￿ and manag•m•nt
Con¥tiluli¢n
Into the Communrty 1$ a rgglstgred Charity. number 1084287. and is o)nskn'luted under a Trust dwl.
There are fow Trusl&es of Into The Community who are required to meet 81 least ￿1¢8 a year. Originating
Trustees ar& ¢nlilltrd to hold office for life whilst new Trusl8es are appointed for terms of Off￿ of Ihr&è years by
resc*lution of the Trustees. Tru$lee$ may be iemoved from Offi￿ rf disqualified under Ihe Charf(ies Act 1993. if
absent from consecutive meetings, rf removed by resolution by all other Trustees, or il they resign
Irusteaship by notice writsng providad there are at least Continuing Twstees.
Tho Trustees who seNed during the yaar and up lo the dale of Signatu￿ of th$ financial statements were=
R EthYaTds
M Sherratt
l Jegunma
M Avotri
A Mlotha (Chairl
Rgcruilment and appointnpnt of tryst&es
The management of the Charity 15 the responsibility of th* Truste•s who are eleded and ctropted undèr thè tems
of the Twsl deed.
The Iruslee$' r•port was approved by Ihe Board of Tru5tee5.
R Ethards
Trustee
A Mk)Iha (Chairl
Tru¥tsg
0g1e'.
..15th October 2024...........

INTO THE COMMUNITY
STATEMENT OF TRUSTEES. RESPONSIBILITIES
FOR THE YEAR ENDED 31 DECEMBER 2023
The Trustees are responsib￿ for prèparing the Twstèes, Réport and the financial statemenls in accordance with
applicable Iw4 and United Kingdom Accounting Standards {Uniled lfjngd¢)m Generally A￿pIed Accounting
Practice).
Th018w appli¢able to ¢ho￿tiO$ in Engl8nd gnd Wales requires the Trustees to prepare finan￿al statements for each
financial year which give a true and fail wew of the st*e of alfairs of th& Charity and ol the incoming resources and
appkcation of resources of Ihe Charity for that year.
In preparing thèsè finanuol statements. the Trustees are requi￿￿ lo:
- select suitable accounth'ng poliryes and then apply them ¢onsi$tenty,'
- observe the meth¢)ds and prinGiple$ In thg Charities SORP,.
- make judgements and estimates that are reasonable and prudent
- state whether applicable accounting standards have been follc¥wed. subject to any material departures dSs¢k*sed
8nd expl81￿1 in thg ffin¥ndal $tstemgnls- and
prepare the financAal statements on the going ￿nCern basls unless M Is in8ppropri8le to PresUn￿ that the charity
will continue in operation.
The Trustee8 a￿ r$sponsibl& for keèping suffiuenl aceounling records that disdose wlh reasonable aceuracy al
any lime the financial position of the Charity and enable them 19 8nsuro that the fsnancial statements comply wlh
the Charities Act 2011, the Charity (Accoun18 and Reports) Regulations 2008 and the provisions of Ihe trust deed.
They are also responsible for safeguarding the assets of the Charity arKI hence for taking reasonabl8 steps for the
p￿Vent￿)n and dete¢tion of fraud and othgr irregularities.

INTO THE COMMUNITY
INDEPENDENT EXAMINER'S REPORT
TOTHE TRUSTEES OF INTO THE COMMUNITY
l Mport to the Trustees on my examination of the finandal statements of Inlo the Community (the Chartyl for the
year ended 31 December 2023.
R•8ponsibilEti•s and basis of report
As the Trustees of the Charity you are responsible for Ihe preparation ofthe financial S￿￿eMentS In accordance wth
the requirements of the Charities Act 2011 (the 2011 Ad).
I report in respect of my examination of the Charfly's finan¢ral statements carried out urbder seclion 145 of the 2011
A¢t. In cwrying out my examination I have followed 81 the applicable DiTeolions given by thg Charity Commis6iC
under se¢tion 1451Sllbl of the 2011 Act.
Indepond8nl examlngrfs statement
Since the Charl￿S gross income exceeded £250,￿0 your exarniner rnusl be a rnefflber of a listed in $8¢tion
145 of th$ 2011 Acl. I confirm Ihal l am qualrfied to undertakè the examination because l am a member of ACCA
and ICAEW, whi¢h are both one of the listed bodies.
Your attention is drawn lo the fact that the charity has prèpar8d financial stalements in accordane* with A¢￿UntIng
and Repth'ng by Charitte5 preparing their accounts in 8ccoidan¢e with the Finanual Reporting Stand￿d applicable
the UK and Republic of Ireland IFRS 102) in preference lo the Accounting and Rep(Irbng by Charilies.. Stalernenl
of Recommended pract￿ issuèd on 1 April 2005 which És referred to in the extant regulations but has now been
withdrawn.
l understand that thi$ has been done in order for finand81 slalemenls to PTOVhJ& a true and fair view in a¢¢L¥d8n¢
wrfh Generally Accepted A¢counling Practi￿ effective for feporting periiKls b8ginning on or after 1 January 2015.
I have rA)mpleled my examination. I contimi tti* no mattèrs hava comg lo my attention in connethcty) with the
examination givin9 me cause lo befieve that in ￿Y maleiial respo¢1'.
accounting records wer8 not kepl in respect of the Ch8rity as ￿quired by sectron 130 of the 2011 Act; or
the financAal statements do nol accord with thosè rècords., or
the financial statements do not ¢omply ￿th the applicable requirements concérning the fonn and content of
acKounts set out in Ihe ch￿tieS IAco)unts and Reports) Regulations 2008 olher than any requifftm&nl that the
ac¢ounl$ giv• a truè and fair Mew which is not a matter considered as part of an independent examinath)n.
I have no ¢oncems and have come a¢ros$ no other matters in connection with the examination to which attention
should be drawn in this report in order to enable a proper understanding of the financial slalement8 to be [￿hed.
D*rrnn Crou¢h•r Bsc (Hon81. FCCA FC
Croucher8 Ltd
2 Coppethouse Court
Caldecotte
Milton Keynes
Buckingham5hire
MK7 8NL
Dated. &(AL

INTO THE COMMUNITY
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2023
Unrostiicted Unre$trlctsd
funds
fvnd¥
2023
2022
Notes
Incomo from:
Donations and legacies
Investment income
536,960
7,905
479.834
1,337
Total Sn¢om•
544,865
481,171
Expèndltur• on:
Charitable actiMti8s
367,723
189,204
Totsl •xp•nditsr•
367.723
189.204
Net income
177.142
291.967
Transfers between lunds
592,430
300.463
N•¢ movom•rrt in fvnds
769,572
592.430
Rg¢on¢iliation of fvnds".
Fund balances al 1 January 2023
Fund balances at 31 Docember 2D23
769,572
592,430
The statement of financial a¢tivilies indude$ 811 gains ond1088es recognised in the year. AJI income and expenditure
derive from continuing actMtie5.

INTO THE COMMUNITY
BALANCE SHEET
ASAT31 DECEMBER 2023
2023
2022
Fix•d a$$•ts
Tangible a$$8ts
47.270
65,588
Current a$wts
Stocks
Debtors
Cash al bank and in hand
10
11
47,728
30,325
4,042
794.796
678,343
726.439
829,163
C￿dItO￿. *mounts falling due within
one year
12
14.1371
Q02.3211
Net currentassets
722,302
526,842
Total asset• le88 current Ilabiliti•8
769,572
592,430
Nèt as$•ts •xeludlng p•nslon Ilability
769,572
592.430
The lund8 of th• Charity
Unrestiicted funds
769,572
592,430
769,572
592.430
15th Uc¢ob¢r 2024
The ￿nanimal statements were approwd by tho Trustees on ...........
R Edwards
Trustee
A Mlolha (Cha￿>
Trnstee

INTO THE COMMUNITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Accounting policies
Charity inl¢mtion
Into The Community 1$ the registered eharty in England. and Wales and is uninc4Jrporated. The addrESS of the
principal Offi￿ is Stru(hYith Driv8, Oldbrook. Milton Keynes. MK6 2GT.
1.1 Accounting convfrntion
The finanaal statements have been prepared in accordance with tho Charills governing dowment, the
Charities Act 2011. FRS 102 "The Financial Reporting Standard 8ppltable in the UK and Republic ol
Ireland" l°FRS 102") and the Charitiès SORP 'AGcounting and Reporting by Charities.. Statement ol
Recornmgnded Practice 8ppIicoble to ¢harilio$ pr¥paring th8ir accounts in accordanc• with the Finanual
Reporting Standard &ppli¢able In the UK and Republic of Ireland IFRS 1021" leff6otSve 1 January 2019). The
Charity is a Public Benefit Entity a5 defined by FRS 102.
The Charity has taken advanta9e of the provisions in the SORP fN charities not lo prepare a Stslement of
Cash Flow$.
The financial statements have departed from the Chaiities (Accounts and Reports) Regulations 2008 only lo
the extent required lo provide a true and fair view. This departure has involved following the Statement of
Recommended Pra¢ti¢e foi Charities applying FRS 102 rather than the version of the Statement of
Rec£Jmmended Practice which is referred tts in the Regulati￿$ bul which has since been wlhdrawn.
The finAncial stAtements are prepared in sttvling, which is the fijnctional cuThenGy of the Charity. Monetsry
amounls in these fflnancial stslemenls are roundgd to the nearest £.
Into the Communty meets the definitlon of a publlc benefit entty under FRS 102. Assets and liabiltties are
In1￿.allY reGognised at historical cost or tranSact￿n value unless otherwise staled in the relevant aceounling
policy.
1.2 Golng concem
Al the Ime of approving the ffin#n¢ial statements, the Trustees have a re860nable expectstion that thg Charity
has adequate resources lo continue in op8ralional existence for the foreseeable future. Tttus the TrL¢lee$
¢onbnue lo adopt the going con¢em basis of accounting in preparing the financial statements.
1.3 Charltablè funds
General funds are unrestr*Xed fvnd5 which are availabk for use at the distrelion of thè Trusteès in
furtherance of the general objectNes oflhe Charity and which have not been designated for other purposes.
Designated fvrmts comprise unreslri¢ted funds that have beèn set aside by thè Trust•8s for particular
purposes. The aim and use of each designated fund is sel out in th& notss lo the financial stslements.
Restr￿ed fvnds arè funds which are to be used in accordance with sp￿riC restrictions imposed by donors or
which have been raised by the Charity for particular purpo$e$. Th8 eosts of raising and administering such
funds are charged against the specthc fund. The aim and use of eath restrict￿ futvj is sel out in the notes lo
the financial statements.
Investrnent in¢om¥. gains and losses are all0¢al￿1 lo the apprcyriate fuThJ.
1A In¢om•
Income is recognised when the Charity is legally entitled to il after any performance conditions I￿ve been
meL the amounts can bo measurèd reliably, and it is probable that income will be re￿ived.

INTO THE COMMUNITY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Ac¢oundng poll¢los
IContinu•dl
Grants are included in the sl8lem•nt of finanaal activities on a receNat4e basis. The balance of In￿rne
received for specific purposes bul nol expended during Ihg period is shown in the Televanl funds on the
Balan¢e $he91. WhgI9 income is received in advance of enlillement of re<*ipt, its recognition is deferred and
included in credrtors as deferred income. Where enlitlemenl occurs before in￿rne is rer£ived, the income is
accrued.
Gifts in kind donated for distribution are induded al valuation and ￿¢09n1$ed as income when they are
di$lthuled to the projg¢ts. Gifts donated for resale are included as income when Ihfry arg sold.
Income tax recoverable in relation lo investment income is re¢ognised at the time the inves1ment income 15
recgivabla.
Lggacies are recognised on ￿ceIpt or otherwise rf the Charrty has been notified of on impending distribution.
the amount is known. and receSpl is expected. If Ihe amount is not known, the legacy is Ireat$d a$ a
contingent asset.
1.$ Expendlture
Expenditure is recognised once there is a 18981 or constructive obligaticfi to transfer economi¢ ￿nent lo a
third party. il is probable that a transfer of economic benefits will be r&quir8d in setuemenl, and Ihe amount of
the obligation can be measured reliably.
Expenditure is classified by activity. Thtr costs of each adivity ale made up of the total of dIr￿t costs and
shared costs, includlng support eosts involved in undertaking each activity. Direct Costs attribulable to a single
activity are allocated directly lo that activity. Shared ¢osts whi¢h ¢ontribute to rnore than one aclivity and
support ¢o$ts which are nol attributable to a singlè a¢tivty 8re apportionèd betr￿een those adibi*'es on a ba818
consislenl with the use of resources. Central stafl c051s are allocated on the basis of time spenl, and
depreiialion tharges are allo¢al?d on th$ portion of Ihe asseys use.
Expenditure on charitable activitie5 is incurred on dlre¢tly undertaknng the aclimlies which further th? Charity's
objecti￿$, as well as any associated support costs.
All expenditure 18 indu8Ne of Irreco￿r8b1? VAT.
Interest rettivablt
Inltr8$t on funds held on deposit is induded when receivable and the amount can be measured reliably by the
Charity,. this is nomally upon noltfication of the interest paid or payable by the instittrtion with whom Ihe funds
are deposited.
1.6 Tangible fixed assets
Tangible fixed assels a￿ initially me8$ured al c￿$1 and Subsequenlty measured al cost or valuation, net of
depreuation and any impaiment losses.
Oepreciation is recognised sts as to write off the cost or valuation of assely less their residual values over their
useful h'ves on the following ba8es'.
Fixlures and frttiroJs
Computers
Motor vtthi¢l&s
20•A
20°A
20%
The gain or108s arising on the dlwo$al of an asset is delemiined as Ihe dlfference bglween Ihg sale proceeds
and the caryiNJ value of thè asset, and is recognised in the statement of financial a¢tiviknes.
io-

INTO THE COMMUNITY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED
FOR THE YEAR ENDED 31 DECEMBER 2023
Accountlng polkS•$
{Conlinuodl
1.7 Stocks
Stocks arè stated at the lower of cost aThJ estimated selling price less costs to comp￿te and selj. Cost
comprises direct materials and. wherè applicable. direct labour costs and ihose overheads Ihat have been
incurred in bringing the stocks lo their present lo¢alion and condition. Items held for distribution #l no or
nominal consideration are measured the lower of repla¢8ment cost and cost.
Net realisable value is the eslimaled selling price less all eslrmat*d ¢osts of ￿M￿lat￿Sn costs to be
In￿rred In maTketiThJ. $elkng and distribution.
1.8 Cash and rAsh equivalents
Cash and cash equivalents Indude ¢a$h in hand. deposits held at call with banks, other short-temi liquid
investment$ origin81 maturities of threè months or ￿ss, and bank overdrafts. Bank overdrafts are shown
within borrowings in current liabilities.
1.9 Flnanelol Instrumènts
The Chaiity has èlècted to apply Ihe provisions of Section 11 'B85i¢ Finan¢i81 lrtslruments, Section 12
'Olher Finanryal Instruments Issues, of FRS 102 to all of ils finanaal instruments.
Financial instruments are recognised in the Charity's balance sheel when the Charty be￿Me$ party to the
contractual provisions of the instrumenL
Financial assets and liAbl￿"b"eS are offsèt. with the net amounts presented in the f￿anual 8ts1emenls, when
there is a legally enforceable right to sel off the reengnised amounts and Ihere 15 an intenlion to settle on a net
basis OT to realise the asset and settle the liabiltiy siwnuhaneously.
Bas1¢ finan¢lala$$•ts
Basie financial assets, which include debtors and (ash and bank balances. 8rg inibalty measured at
Iransadion pri¢s induding transaction ¢osts and are subsequenuy carried al amortised cost Using the effe¢ti
Inte￿$1 method ￿n￿$S the arrangement constitutes a financing transaction, where the transaction is
ffleasured al the present value of the futu￿ recèipts di$￿Unted al a market rate of interest. FinanrAal assets
classified as receivable within one year are not amortised.
B•sl¢ finJn¢i•l liabllltlos
Basic financial liabilities, induding ueditors aThJ bank loans are inilialty recognised al Iran$8¢tion pric£ unless
the 8rr8ngomenl ¢on$titules a financing transaction. where the debt inslwmenl is Measured al the p￿S￿nI
value of the futu￿ payments dis¢ounled 81 a market ratg of interest. FinarKval liabilities dassthd as pay8ble
wf(hin one year are not #mortised.
Dgbt inslruments are subsequentty carried al amortisèd cosl, usbng the effectNe interest rAt8 m81hod.
Tr4dè ¢redilors are ot4igations to pay for goods or serwces that have been a¢qLtired in thé ordThiary course of
operations from suppliers. Amounts Payab￿ a￿ dassified as current liabilityds if payment is due wthin one
year 01 less. If not, they are presented as non-current liabiliti&s. Trade c￿dItOrS are recngnised ￿￿tiallY al
transaction prieÉ and subsèquentty measurèd at amortisèd cost usin9 the effective interest method.
Dwé¢ognitlon of Ilnanelal IlabKftI•s
Finanaal liabilit￿S are derecognised when the Chariws contractual obligatK)ns expire or ole discharg8d or
¢an¢ell8d.
11

INTO THE COMMUNITY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Accounting policies
{Contlnu•d)
Li•biliti•$ #nd provi¥lon•
Liabilities are recO￿lsed when there is an obligation al the B8lan¢e $h8el date as a result of a past event, it is
probable that a transfer gf economic benefrt will be required in settlement. and thè amount of the settlement
CAn be eslimaled rèliably.
Liabililie$ are re¢ognised al the amount that the Charity anticipales It will pay to sèttle the debl or the amount
It has rèceDied as advancad payments forthe goods or semces (( musl promde.
Prowsions arè measured al the best eslirnale of the 8mounls roquired to settle the obligation. Wvhere the
effect of the tlme value of money 15 material, the provision is based on the present value of those amounts,
discounted at the pre-tax discount rale that reflects the risks specific lo the liability- Thg unwinding of the
discount is recogni5ed in the S181emenl of ffin8ncial activities as a finance ¢ost.
1.10 Employ00 bon•ffts
The cost of any unused holiday entitlement is rgcognisgd in the pgriod in which the employee's serv￿05 aro
r￿1¥0￿.
Tennination benefits are iecognised immediately as an expense when the Chaiity 1$ d¢monslrabty committed
to temiinate the employment of an empjoyee or lo providè t8rn1ination benefits.
1.11 Dgbtorn
Tiode and other debtors aro recognised at Ihe settlement amount aftèr any trade discount offered.
Prepayme1￿ are value(l at the amount prepaid net of any trade disco￿15 due
1.12 Op•ratlng ka8•8
R&ntals paid under oporat¥ig leases ar? ¢hargèd to Iha Statamant of financial aCtI￿tieS on a slraKJhl- line
b8si$ 0￿r the lease term.
1.13 crftlcal accountlng e$tim•ts$ #nd arèas of Judgm•nt
Eslimales and ju¢Jgmenls are continualy ¥valuatèd and are based on historical experiènee and oth8r factors,
including expectations of fvlure event$ that are believed to be reasonable under the cir¢umstsncgs.
Critical accounting tr$tinal*s and assumptions".
The Charty makes estimates and assumptions conreming th8 ftrfur8. The resulting acclwntiro eslimale$ and
assumptions will, by definition, seldom equal Ihe related actual r8sulls. The estimates and assumptions that
have 8 svJnificant risk of causing a material adjustment to the ¢¥rrying amounts of assets and liablities within
the next ffinanaal year a￿ di$¢u$$gd b$low.
12-

INTO THE COMMUNITY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
InC¢m￿ from donallons and ltya¢les
Unrnstrlcted
funds
2023
Unr•strictsd
funds
2022
Donalions and gifts
Legacies receivable
Olher ￿cOme- Gift in kind
466,670
32,467
37.823
425.919
21,575
32,340
536,960
479,834
t)onatlons and gifts
Cash Donation$
466.670
425,919
466,670
425,919
Legacies receFvable
In-knnd food donalion8
32.467
21,575
32,467
21,575
Grants re¢eivabl• for cor• actlvltS•9
Other in¢ome- Gift aid
37.823
32,340
37,823
32,340
kncome from Inv•$tm•nts
Unrestricted Unrestrictsd
funds
funds
2023
2022
Interest receNable
7.905
1,337
13-

INTO THE COMMUNITY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED
FOR THE YEAR ENDED 31 DECEMBER 2023
Expgndltur• on charllable acllvltles
Charltsble ChaiTt4ble
activlti
activitiès
2023
2022
Dlre¢t ¢osts
Food Bank.. Food Di$tribut&ins and stock movement
Food Bank.. Purchased Food
Food Bank- Salaries and Social Security Costs
Food Bank-. Premises
Food Bank.. Postage. Stationary and Computer Suppllg$
Food Bank.. Publiaty
Food Bank.. Sundriès snd Train#ig
Food Bank.. Volunteer Costs
Food Bank.. DeP￿ClatIOn
FarAI Bankn vehic￿ Costs
Fac4J Bank.. Governance Costs
Fo¢* Bank.. Profgssignal fee
163,949
63.069
4,363
68,983
4,492
1.469
6,121
114
94,206
4,803
1,728
30,207
41
1.169
18.318
12,084
5,218
36,000
13,492
10.629
4,1(
12,000
7.723
189.204
Analy•lA by
Unreslri¢l¢d luThJs
367,723
189.204
Nèt movem•nt In fvnds
2023
2022
The net movement in fvnds is staled after chargingl{cred[￿n9l=
Ogprgciation of owned tangible fixed assets
18,318
13.491
D•pr•ciation oltangibles.. Tot•lSOFA ¢hary• dhY•pts fmm BS notes by..
18.318
13.491
Employ•gS
The average monthly number of employees during the year w8S'.
2023
Number
2022
Numbèi
Key management pgrsonnel include all person5 that have aulhorty and responsibilty for planning, directing,
and controlling the aCtI￿lieS of the ch8rity. The total compensation paid lo key management personnel for
Sa￿lCeS promded to tho charity was £ 50,000 (2022 .' £27,500).
Thare w&re no employees whose annual remuneration was more Ihan £60,000.
14-

INTO THE COMMUNITY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED>
FOR THE YEAR ENDED 31 DECEMBER 2023
Employees
IC¢)ntlnu•dl
Remun•rntlon of key manag8m•nl p•rsonnel
The remuneration of key mana9emenl personnel was as follows..
Durlng year. no Trustees r￿[VOd any ￿m￿neratIon or other beneffts (2022- £NIL).
Duwin9 the year ended 31 December 2023, no Tru$lee expenses have been incurred (2022- £NIL).
Indèpendènt examlnee* remunèratlon
Fees payable to Charity's independent examiner for the independent examination of the charity annual
account £2,41)012022 . £1,750)
Taxatlon
The Charty is exempt Irom taxali)n on ils a¢thvhies because all its Inc￿rne Is applle¢J for chartiable pwses.
Tangible fix•d a¥¥ets
Flxtur•s and Comput•rn
flttln9S
Motrf
v•hlclo8
Toill
Cost
Al 1 January 2023
39,
7.156
51.194
98,313
At 31 Dgcgmbgr 2023
39.963
7.156
51.194
98,313
Dèpreclatlon and knpalmi•rt
Al 1 January 2023
Depre0￿110n charged in the year
22,581
7.028
3,825
1,051
6,319
10,239
32,725
18.318
Al 31 December 2023
29,609
4.876
16,558
51,043
Carying amount
At 31 December 2023
10,354
2,280
34,636
47,270
At 31 December 2022
17.382
3.331
44,875
65.588
10 Sto¢ks
2023
2022
Raw maleriajs and consumables
47.728
30,325
15-

INTO THE COMMUNITY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
11 Dgbtors
2023
2022
Amounts f•lling due wlthln on• y•ar.'
Arnounts owed by fell¢M group undertakiwJ8
other debtors
276
4.042
368
4.042
12 Creditorn: amounts falling wlthln on• y•ar
2023
2022
Trade ¢reditors
Accruals an¢J defeffed Income
2,487
1,650
300,821
1.500
4,137
302,321
13 Lknr¢stsl¢t•d funds
The unrestricled funds of the th•ity ¢ompri9g tho unaxp8nded balances ol donation$ #nd grants whi¢h are
not subject to specific conditions by donors and gr)ntors as t¢ how they May be used. These indude
dtrsignatsd funds whi¢h have been sel asidè out of unrestsicted funds by the truste0$ loi $pgofic purposes.
At 1 J•nu*ry
2023
In¢omlng
resour￿6
Resources
oxpondgd
Tvamfern
At31
December
2023
Parènts and Toddlers
Food Bank
Milton Keynes Communty
Foundation
General FuThJs- all fijnds
General Funds
592,418
536,960
1367,723)
761.655
1983}
1983)
7,905
33S
7,905
335
592.430
544,865
{387,7231
769,572
16-

INTO THE COMMUNITY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
13 Unrg$trictsd funds
(Continued)
Prtvlous year.
At l J*nu*ry
2022
In¢omlng
rosourc•s
Rosources
•xpènd•d
Transfers
At31
D•¢omber
2022
Parents and Toddlers
Food Bank
Milton Keynes Communty
Foundation
General Funds- all funds
660
592.418
600.464
479,834
{188.7541
1299.1261
1983)
1983)
1.337
11,3371
6￿.141
481.171
(189204)
300.463
592,09S
14 Analysi$ of nèt a$s•ts b•trtètn thnd$
Unmtri¢ted
funds
2023
At 31 D•c•mb•r 2023:
Tanglble assets
Cufferbt asselsllliabiliti88}
47.270
722,302
769.572
Unrestrl¢t
fund8
2022
At 31 De¢frm￿r 2022:
Tangible assets
Current asselsloiabililies)
65.588
526,842
592,430
IS Related pariy transactions
17-

INTO THE COMMUNITY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
15 Relatod party transactions
Iconlknuedl
Trnn#actlons wlth r•latsd prtl•s
Ouving the year the Ch8ri1y enlerod into the fO￿WIng transactions with rglated partw..
The t￿￿ee$ recognise Ihat the charity Milton Keynes Chrisiian Cènlre (MKCC) L8 a related party. Some
of the di￿torS￿ruStees of Mllon Keynes Christian Centre are al$0 trust$8$ of Inlo lh• Cornmunty {ITCI.
MKCC passed rlonalion$ givgn by ¢hur¢h members to ITC totalling £7,110. MKCC also passed on
weekty food donations collected on behalf of ITC
18-