Wlnchostsr Baslc8 Bank
(a company limited by guarantee)
Report and Financial Statomonts
Y￿r •ndlng 311t D•C•M￿r 2023
Charity number. 1102470
C(xnpany number. 05005690
Content8
Pago(8)
Report of the director8
Report of thè Independent Examiner
10
Statement of Financial Activitss
11
Balan￿ Strfftt
12
Notes to the accounts
13-19

Ylinchester Basi￿ Bank
Report of tho dlrectors for th• y•ar ending 3141 DK•mber 2023
The truste88 present thair annual directors, report t￿her with the finan(ial statements of
Wlnchester Basics Bank for the year ending 3111 December 2023. The finan¢lal statements
have been prepared for the company as a going ¢on¢em on the basis set out in Note 1 to
the accounts and under the accounting policies set out in Note 2 (see pages 13 and 14).
The directors have taken advantage of the exemptions applicab￿ to small companies
including: not being required to have a statutory audit. not being required to include
statement of cash flows with the financial statements. not being required to anatyse and
report income and expenditur8 on a detsiled activtty ba81&
As totsl income for the p8riod exceeds £250,OLX), the company is required under charity law
to have either an audit or an indep8fKlent examination of ts accounts by a qualified per80n.
The Board appolnted K.J, Stratton of Kimball Smith as its Indepencknt examiner in 2023,
Th58 dlrectors, report includes th• trustees, annual raport inforniatlon a8 r8qulred under
charity law.
l. Background and Purpo••
Wlnchest•r Basic8 Bank (WBB) wovld88 food, hygiene prtsJuct8 arKI clothing to individua18
and famllies in emergency need. It aims to make appropriate resources avallable to the
maximum number of people at their polnt of greatest need. Founded in 2004, it is an
ecum8nical Christlan registered charity. Set up by the ¢hurthes ba80d in V¥lnchester and with
the support of Winchester Clty Counul.
Our purpose Is to act as a resource for Feople facing a difficult situation in their1fv88 and
struggllng to make ends meet, perhaps because of delayed benefft payments or a major
household cri818. In recent tlmes the impact of the Covi&19 pandemlc and thè cost of living
crisis have caused significant drfficulties for many. I14BB 18 entirely noTriudgmental in that
helps anyone that needs urgent support. The range of people who are served is wlde, from
Indivlduals. to hou8eholds with children and lo elderly pe￿. ft also Includ88 Tefugeas and
asylum seeker8 as and when required. WBB make8 a vital contribution to the relief of hard8hip
and 80 8UPPOrtS 80cial coheston in the communty armd in thts way provides public benefrt.
Tradltionally clients are referred to Vl4BB through referral agents such a8 Winchester Cty
Council Housing Department. Hampshire County Council Social SeThices. Citizens Advice,
Trinity Centre, local houstng 8S80ciatioM and Igcal chaiitable groups, thurches, doGtor3'
surgeries, probation officer5 and heafth visitors. These referral agents issue online voucher8
to people they know who are in urgent emergency need, and these vouchers are exchanged
at VI+BB for &days of food and hygiene produGts plus articles of dothing when required. In
addition, as a resum of the pandemic, it bvas decided in 2020 to Set up a self-r8ferral process
whereby people who have never used our Services tefore could reach us directly. Thls ha8
proved to te an effective Yrdy of reaching more dients in the communty so the directors
decided in 2021 to adopt it as a permanent process. WBB also supports otherfood bonks and
food pantries in the surrourKling are8 ￿ food donatlons.

Wlnchester Baslcs Bank
l Facilities
11. Maln Donatlon 8ortlng & Storngo Sfto
This site in Wnnall, opened in March 2021. is where the maj'ority of focrfj and clothing
donalions are delivered to WBB. SuTtable space is available to correclly sort the items and
store them efficiently. Adding this facilty has had a transformational impact on the rest of WBB
by allowing us to dedutter our dient-faang IoGal Food and Clothes Hubs aThl as a resutt
improve the quah'ty of the Interaction with our dients due to the extra Spa￿ available for
discussion. We are continually reviewing our warehouse arKI logistical operations to ensure
that we Can operate efficiently and manage the recent volume increases in activty.
2.2. Food Hub•
We have 4 Food Hubs where dients collect food at the following locations:
Highcliffe.. Milland Road
Bar End.. Vineyard Churth
Weeke: St.Bam8ba8 Church
Alr88ford.' St.Gregory'8 Church
At least one 0ftr￿se hubs is open every day belwwn Morthy and Friday.
All of the f<Jod hubs are aqulpped to enable our cllents to choose many food item8 for
them8elves. Clients often comment on how this helps to makè the experionce of using our
service more pFeasant and more similar to visitiNJ 8 shop. It also mean8 that Ouf Staff arKI
volunteers are able to accompany the client for longer during their visit thus enabling a better
relationship to develop. Tr aim 16 always to make the client feel comfortable in our operating .
hubs which in some G88e8 h88 allowed syn[￿811￿ of dlents to other local 8UPPOrt service8.
2.3. Clothu Hub•
We have 2 hubs where clients access dothe8 at ts foll￿￿1n9 locatlorffj:
High¢liffe.' Milland Road - adult clothing
• Bar End.. Vlneyard Churd) - full rang8 of adutt & thildren's clothlng
Adult clothe8 can be 8elected by client8 when tsy visit the Mi118nd Road hub to Co1￿¢t food
where the space allocated forthls has been enlarged du8 to the d8duttering mentioned above.
Any Indwldual or hou8ehold that requires additsonal dothing CAn access this at the Vineyard
hub where a wide range 18 available induding thildren's iiem6 such as cots, prams and toys,
Thi8 18 by appointment only to respect ts privacy required for the cllent.
14. Eloctric Van
Following a signfficant donation, WBB was abl8 to purchase a small electric van in 2022. The
main purpose of Ihe van is to deliver food crate8 from our warehouse Sbte to the hubs on a
regular basis, 88 such ts distances involved are strKxt so an electric vehicle is ideal.
3. Services
3.1. Cllent numbers
2023 proved to be a record yearfor Client numberswith 7,004 food parcels given out compared
to 5.282 during 2022, and increase of 33%. The number of food parcels given out has grown
year on year in recent times and a further increase ts forecast for 2024.

Winchester Basks Bank
There was a marked increase in dient numLEr5 in the second half of 2022. mirroring the cost
of living crises that hit the county. wÉih this trend c￿ntinUIng through 2023 8rKI into 2024.
As an emergency servi￿, our general tule is to limit the number of vouchers per cllent in a
12-month period. This limit was raised to 8 vi8it8 during the pandemic remains at this
level. Most dients onW need our support over 2 - 3 visits. For those who vtsit more often and
especially those who reach the maximum level of 8 visits, we signpost them to other support
services or to our partner food pantries in StanmorB a￿1 Wnnall. We have recently introduced
a scheme whereby rf the maximum tevel of 8 visits is reached, we provide a voucher for a visit
to a partner food panty a8 a way of introducing the dient.
3.2. Schooh Proprnmmo
Our School Holiday Lunch Stheme for Pupil Premlum chiklren ￿ are referred to US by local
schoo18 was expanded in 2021 to indude addFtlonal familles who needed support. This
scheme conllnued throwJh 2023.
3.3. Dollvorles lo ClI￿ts
Our dellvery seNlce, set up during the pandemlc for dlents who needed to18olat8 or physlcalty
could not get to one of our food hubs to ￿lleCt, ha8 now been estsblished as a pern)anent
8érvlce. It 18 dear that it 18 helping us to improve our reach into tha community a8 around 20%
of all food p8rcel8 are linked to a delivery.
3.4. 8lgnpo8tlng
Our self-8ele¢tion proce88 has woved to be useful in developing morn interaction wlth our
clients as they are always accompan￿ by a volunteer when they s8￿cl their food item8,
which allowg conversatiorts to more ea8ily flow. During these conversations we can make
helpful suggostions and suggest atternative wovider8 of lupport eg Citizens Advice.
We also have an 'Olher Services. page on our web8rte to provide infomation and links to
appropriate 6UPPOrt services.
4. Partn•r8hlp wlth Local F¢Jod Pantr1••
In 2022 we 8et up Partr￿hiP agreements With the Iwo food pantries based in WInC￿ter at
The Carroll Centre, Stanmore and Unrt 12, Wnnall. Anyone needing ongoing help with
a￿eSSing food Can Slgn up at one of these pantries and pay £5 per weekto choose a minlmum
of £15 worth of food. This service compliments that given by WBB very well and enables our
dients to move to a dSfferent18vel of longer term 8UPPOrt. If required. after they have had thelr
emergency help.
As part of these agreements we have committed to wovlde food in bulk from our donation site
n a weékly basts. This support has helpecl these pantries to becom8 sustainable charrtable
entities.
6. Futuro devolopm•nts
In addiiion to having the flexibtlty to cope with inw8ed client numbers. our main focus is on
improving the quality of our client interactions. We continuously strive to remove the stigma
Some potential clients can feel in approaching a foodlclothing bank and to make WBB a
friendly place vthere helpful and relevant support can be accessed.

Winchestsr Baslcs Bank
Churches, Corporates, Charities and ind5viduals in our communty continue to be very
penerous in their givtng of time. food and finance5. are extremBty grateful for this supi)Drt
without which none of our steps to improve our ser41￿S would be possible.

Winchester Basics Bank
Financlal rnvlew
2023
2LY22
Monetsry donakn, Mt and Inte￿81 139,895 1W2,787
163.2(r2 178,923
Total Incom
303,097 371.710
Mon•tary expendihw•- un(estr¢tsd 1n,543 98,539
Donated goods gfven out
164,874 179.515
Totat eypendliurn
337,417 278,054
Nel sUrplu￿{defi¢It)
Monetary
(32.648) 94.248
oc￿ated good$
(1.672)
15921
Net Incowollexpendliure)
(34.3201
93,656
FurKls at 31* Lknber
Unrestr1￿ 9￿￿[81 funds
380.544 413,192
D￿sted and re8tri#ed funds
27,018
28.6gN)
Totsl lunds
407.W2 441,882
IrÈcome reduced during 2023 as the benefit of fundraising Campaigns duriThJ the pandemic
continued to ta'l off and Ihe impaQ of the cost of Ilving uises on household and corporate
budgets had a negattve effecl on donations. Total monetary income of £139,895 (2022 -
£192,787) - representing Churches 8% (last year ￿), bu$inessetJ charities 130h (last year
33%) and individuals including assocAated Gift Aid 73% Oast year ￿). Monetary donations
were received from a combination of private individuats, lool church communities, schools,
IorAI businesses and local charities. We also r￿1ved gfft aid (directly or via CAF, and
Stewardship). interest from cash deposts arKI a small amount of rental income.

Winchester Basics Bank
We are very gratefvl for the continued finan(xal support of Wnchester and the surrouThling
communities for our activities. Vve are blessed to be in 8 heafthy financial situation and
therefore able to consider irnprovinglbroadening our services particularly as a function of the
increased need arising from higher infiation within the economy. We now have £322,718 (2022
- £382.631) in the bank ar￿ cash in hand. These funds will enable us to meet the needs of ow
communty well into the futur@.
Total monetary expenditure in the year was htgher at £172,543 {2022 - £98.539) mostly due
to the co8t of purchasing food to supplement food donations, and investment in staff - turther
details of other costs are provided in Note 3 to ts a¢￿unIs. A donation of £5,000 wa8 also
made to the Carroll Centre to support the Food Panty there. Histoiically much of the provision
to faGilitate our service wa8 in ￿nd arKI therefore the cash costs of operations were lower and
in effect understated in true value temis. Investment contlnues to be made to make the
operat50ns more effKtent. safer arKI scalat*.
The net deficit for the year was £34,320 (2022 surplus . £93,656). comprising a n8t monetsry
deficSt of £32,648 (2022 surplus - £94,248), plus a net defleAt of £1,672 (2022 - net deficit of
£592) on donated goods, representing a small increase in donated goods and voucher stock
8t the year end.
The dlrectors. Wicy 18 to airn to hold unre8tri(*ed Monetary funds as a re8erve of at lea8t SIX
months of operatlng c08ts (which now equate8 to approximately £85,000), plu8 funds for
Investment in the future 8UStainable provision of services to meet the needs of the community.
The total of unrestricted general funds at 31a December 2023 exceeds this level as the Board
consider the future 8trategy investment opportunitie8. It 18 ￿ Board'8 policy to utlllzo th9
Unrestricted Funds in th8 short to medium term to Support the level of activity belrg
experienced. This policy will be reviebved regu￿rty.
The fair-value c08t of dongted goods received in the year was £163,202 (2022 - £178,923)
net decrease of The main rea80ns for this decrease is the pressure on household budgets
generated by the 'cost of living. crisis. We also increased the amount of food we purchased
to complement thi8 U8ing cash dor￿lon3 received and re8erves.
Food donations are recelved from a variety of 8ource8.' thero are regular col*tion points at
many local churc￿, 8upermatknts and other locations. Th18 is supplemented by occaslonal
colledons from local businesses, churches and sthoots. Rather than manage a large
donation arourKI the tradrtional Harvest FestNal period we have developed a scheme to
8pread these donations through the year. This also enable8 US to request the items thal arn
low in stock at drfferent wlnts in the year.
We would like to glve a huge thank you to all those individuals and Org￿lsati0rffj who have
helped us during the year through grfls of food, ¢lothing, cash and time. These organisation8
Include supemiarkets such as Sainsburys, C(w arKI Waitr08e. We also purchase fresh food
weekly from Faresha￿.
In 2023 have continued to attract and retsin new volunteers which has helped ￿ cope with
demand and reptace Some volunteers who needed to withdraw for a variety of reasons. We
are hugely grateful for thelr work. In totsl we are supported by over seventy volunteers who
donate very generously of their time and skills, many of which have been doing so for a great
number of years. Our volUnt￿rS transport food collected at supennarkets and other donation
Sttes to our bulk sorting and Storage site and food hubs as well as to individual cliant
households as part of our delivery sepiice. They also sort and store the food as well as serving
our cltents with food and clothing at the hubs. Wrthout our y￿nderfUl volunteers y￿ woukl not
be abfe to prDvlde our $eriFces.

Winchester Basics Bank
nchester Basics Bank is a charitabte company fimrted by guarantee without share capiial.
It was incorporated on V January 2004 and registered as a charity on 4th March 2004.
It is govemed under its Aiticles of Association arKI was established under a Memorandum of
Association that sets out the oLy'ects and powers of the charitable Company. These
documents were updated in 2020 wth the help of the Hampshire County Counctl legal team.
The members of the Board of Trustees, who are a180 Director8 and m8mber8 are elected at
the AGM to seNe for three years, subj'ect to ratification at each AGM. The directors of the
charitable company {the charity) are its trustees under chanty law. Direclor8 are selected
from local churches and fri)m the wider local communlty.
The mernber8 of Wnche8ter Basics Bank are guarantty3 of the company to an amount not
exceeding £1 w per80n In the event of winding Lp.
The board of directorn nomalty meets every two months to review the operatlon ofthe char5ty,
considerldecide upon investments ond to agree policies and procedures. Reports from the
Operations Manager and the TreasurBr arB Tewewed and update3 given by the Chair 8nd
directors on any refevant Spedfic agenda item8. In addition, 8 Strategy Meeting18 nomally
held onco per year to di8¢U8$ and set tho dlTection for the coming p8n'ods. Declsion making
Is the respon8ibilrty of the board.
Contact detai18 for th8 charlty are 8et out on the Wnchester Basks Bank web81te
(thwH.winchesteTba51c8bank.org.uk).

Winchester Basics Bank
Name of charity.
Basics Bank
Charity registration number.
1102470
Company registratron number.
05005690
Registered off
and princlpal
place of busines8.'
21a Penton Place,
Milland Road
Winchestsr
S023 OPZ
The directors (trustees and members) at the erKI of 2023 were a8 follow8:
Lesley Littl
Mike Wthitehead
Mary Alveyn
David Baru￿10MtW
Paul Breakwell
Beauman Chong
Leona Mani
Julie Wells
Tery Martin
Lucy Dillon
Director and Chair (fr(Im September 2023)
Director and Chair (until September 2023)
Director
Director and Company Settetsry (until August 2023)
Director and Treasurer (frea8urer until Juty 2023)
Direclor
Director
Director (untll January 2023)
Director and Treasurer (from July 2023)
Director (from July 2023) and Company Se• (from
August 2023)
Patron:
Davld Innes OBE
President:
Dean Catherine Ogle
Independent Examinw,
K.J. Stralton - Kimball Smlth
Bankers:
Santander 119 High S( Wnchester S023 gAS
Depo8rt accounts al801￿1 vith RBS. Virgln Money (until July
2023) and ￿.￿d0M Bank
None applicable.
Approved by the Board of Diredor8 on
arKI signed on its behalf by:
Lesley Little, Th'rec*¢x arKI Chair

Inchester 8aslcs Bank
Report of the Inde￿nt Examlner to the truste88 of ￿nCheSter Baslcs Bank
I report to the thanty tru*ees on my examination of the accounts of the c4)mpany for the year
ended 311t December 2023 as set out on pages 11 to 19 (indudrng notes to the accounts).
Responslblllties and basls of r•port
As the Charity trustees of the company (who are also the directors of the Company for the
purposes of company Izw), you are ￿￿nSible for the preparation of the accounts in
accordance with the requirements of the Companies Act 2006 (Ihe 2006 Acr).
Having sats'sfied myself that the accourts of ts company are not required to be audited for
this year under Part 16 of the 20r￿ Act arKI are 81￿ible for independent examlnation, I report
In res￿¢1 of my examination of your Charty's aC￿unts as Carried oul under section 145 of
the Chariti'es Act 2011 (Ihe 2011 Acf). In Carryi￿ out my examination, I have followed the
Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act.
Independent •xamlMrf8 Statsmant
I hav8 Completed my examination. I confim that no material matter8 have come to my
attention which glve me cau86 to believe that..
accounting record8 were not kept In accordance with section 386 of the Companies
Act 2006.,
or the accounts do not accord with 8uch record8', or
the accounts do not comply with relevant accounting requirements under 8ectlon 396
of the Companies Ac# 2008 other than any requirement that the accounts give a Yrue
and fair view which Is not a matter con8thred a8 part of an independent examlnatlon;
or
the account8 have not been prepared in accord￿ wilh the Charitios SORP
(FRS102).
I have rbo concem8 and have come across no other mattern in COnr￿dI0n wrth the examination
to which attention should be drawn In th18 report In order to enabla a proper under8tarKllng ol
the accounts to be reached.
Signed by.. As 8wned by
Date: 19 5
. 5.
Name:
Kenneth John Stratton FMAAT 6195080
Address..
clo Kimball Smilti
Brewery House
High Streot
Tvryford
Winchester
S0211RG
io

Wlnchester Basics BaTrk
Statement of Flnanclal ActEvltle8
(including Summary Income and Expenditure Account)
for th• y•ar ondlng 3111 Deewthr
2023
2022
Total
funds
In¢om•
Donat￿n8
DonatK)ns and gits
120,644
120,844
180,115
Gift Aid ￿ direct givsng
11,479
11,479
10,882
163,202
183,202
178.923
Other Income
Interest and ront
7.772
1,790
Tot81 incon
303,097
303,097
371,710
Expondlturo
Charllable activlt*s Donated goods gfven out
184,874
164,874
179.515
FareSh8rn fo88
1,906
2,174
Food Pur￿￿ed
e6,079
71.079
19,409
35,997
50,594
50,594
40,959
Totsl 8xp8nditurn
337,417
337.417
278,054
Incomol{dofi¢lt) for th• r•portlng porfod
(34.320}
(34,320)
93.656
Transfers between fund8
10.
Not movomont In funds
(34,320)
134,3201
93,656
Re￿ncIlIa￿On of lund•
Totsl funds brought forward
10.
441.857
25
441,882
348,226
Totsl funds carried fopAwd
10.
407.537
25 407,562
441.882
li

Winchester Basics Bank
Balance Sheot
at 31st DK8mbor
2023
2022
25.420
32.377
Curr•nt as•0ts
Stock8
27.018
28.690.
Debtor8 and prwmerrt•
33.393
21,771
Cash at bank and In hand
322,718
362,631
Total curront a68ets
383,129
413,093
Credllors: amounls lalllrKJ duè wfthln OM year
3,5B7
382.142 409,505
Tot•1 a••ots IM• curr•nt Mablllll••
407,562 441,882
Funth frf th• Ch￿lty
10.
25
25
Unr88tri¢tod funds
10.
380.519
413,167
Donated gcM)ds fund Ifalr value)
10.
27,018
28.890
Tot81 funds
10. 407.582
441,882
The company is entitled to exempkn from audii under section 477 of the Companies Act 2006 relating to
small companie8.
The members have r￿1 required the company to oblain an audit in accordance with Section 476 of the
Companies Act 2006.

Winchester Baslcs Bank
The directors aCknow￿ge their responsibilities for complying wrth the requirements of the Companies
Act 2006 wtth respect to accounting records and the preparation of acc()unts.
These a¢¢ounts have been prepared in accordan￿ with the provisions applicable to small ¢ompani88
subj8Ct to the small companies regim8 and in accordance with Charities SORP (FRS102).
These financial statements were apprDved by the Board of Diredor5 on I '
Its behaff by..
and are Signed on
Mrs Lesley Little. Director and Chair
The notes to the accounts on pages 13 to 19 fom part of these financial statements
Notss to the accounts
1. Basis of preparation
These accounts have been prnpared on 8 90ing concem basis und8r the historical cost
convention with items recognised at cost or transaction value unless otherwse stated in the
relevant note{s) to these accounts.
b. The accounts have been p￿pared in accordance wtth the Charities Statement of Recomm8nded
Practice (FRS 102). second edition- October 2019 and with the Charitie8 Act 2011 and with the
Companies Act 2006.
c. The charlty constitutes a wblic benefft entty as defin8d by FRS 102.
d. UnrestrFCted ncome fuThJs exceed twelve months of operating costs and so the Directorn
conclude that the charity is a going concern.
e. The accounts present a true and fair view and changes have been made to the accounting
policies.
f. The value of donatsd goods for distributlon to beneficiaries, predominantly food, groceries and
toiletries, has been included in these accounts as required by Chartties SORP (FRS102), exLppt
for item8 of immaterial or unc*rtain value such as dothing.
2. Accounting policies
a. Income is generally recognised and Md￿￿ed in the Statement of Finanaal Activities (SOFA)
when the chaiity becomes entitled to the resour￿ and it is more likely than not that the tNstee8
will receive the resources and the monetary value C4n be measured with sufficient ￿lIabIlity.
b. There has been no offsetting of assets and liabilities. or in￿)Me and ex￿nses, unless required
or pemitted by the Charities SORP or FRS 102.
c. Grants and cash donations are only included in the SOFA when the general criteria for
recognition of income are met.
d. Gift AKY receivable is included in income ￿en there is a valid dedaration from the donor. Any
Gift AKI amount ￿Covered on a donation is considered as part of that gift and is treated as an
addition to the same fund as the inibal donation unless the donor or the temis of the appeal have
specified ¢)therwise.
Donated goods are measured at fair value Un￿$$ impractical to do so. The cost of stock of
goods donated for distribut¢on to beneficiaries is deemed to be the fair value of those gifts at the
time of their receipt and they a￿ recognised on receipt. In the rep)rting period in which the
stocks are distributed they are recognised as an expense at the carying amount of the stocks at
the time of distribution.

Winchester Ba8iC8 Bank
f. The value of voluntary help receNed is not included in the accounts Ixrt Is described in the
dlTector5' report (hcorporat'ng the TrusteBS' annual rewt).
g. Intwest income is included in the accAxJnts when receipt is probth and the amount rec8ivable
C8n be measured relf8bly.
h. Expenditure is re<x)gni*rf on an acrxuals basis and includes VAT whK* cannot be recovered.
Llabilrtle8 are generally recognised where it is more likely than not that there is a legal or
¢onsttu¢tive obloation committing the charity to pay out resou￿ arKI ts amount of the
obligation can measured with reasonabte certainty.
l. Charitable activities expenditure comwi8es those costs irM>Jrred by the chwity in the delivery of
its activities and seNices fv its beneficiaries. It indudeg both costs that can be allocated directly
to Such activities arKI those costs of an indirect nature necessary to support them.
The charity has *xeditorn *thich are measured at sèttlement amoL#)ts less any trad8 dlscounts
applicable.
k. Expendlture on Indlvldual fixed asset items of les8 than £2,000 cost is 100% wriiten-off in the
year of purchase. Items in ex￿8 of that are caprtalized and depreciated over five year8.
3. Expendlture on charttable activit￿8
a. Staff c08ts
2023
2022
47.427
34,339
Soclal lecurity costs
Penston costs
1.537
1,65B
Totd staff costs
35,997
Headcount for the Period was 3 (2022: 3). The part time employees work wholty in the delivery
and Support of the charity's activlbes.
The charity continues to take advantage of the GovemmenV8 NEST defined contrtbution
workplace penslon scheme. Pension costs are empknyer pension contril)uttons. Ail pension
expense 16 taken from unrestricted fund8.
14

Wlnchester Basics Bank
b. Other costs
Equipment fixiures arKI deFKecialK
10,167
TrAn8POrt eynses
1,723
Sundry OF*rating c￿ts
2.780
Rent & rates
24,858
Postage and stattonery
131
Computer consumables
251
547
In8uRn¢e
2.128
2.815
Prof888ional fee8
1.496
Web81ts
Tr8lning
2,929
434
T•l•phong
1.023
1.149
Erwgy
742
Tolal other costs
40.959
Equipment in 2023 r•lates mainly lo full year of depreaation on Electric van. warehou80
trolley8 and frtting out of hub8 and warehou8e. 2022 relate8 malnly to new frldge8. for fittlng out
our hub8 and depreciation.
4. Taxatlon
Th8 charity ts exempt from tax on Income and galns to the extent that tlN88e are applled for It8
charitable purposes. No tax liabilrties or charges hav8 arisen in the period.
5. Fixed A8set8
During 2022 we purchased an electri¢ van, ¢08ting £32,583, which is used for collections and
d8liverle8 Within our netsyork. This Is belng depre￿ated over five years with £6,517 charged dur-
ing 2023 (£1,086 charpj during 2022).
Durlng 2020, a dothes store wa8 crealed at a c¢)sl of £2,2C¥) (£2,200 last year). This is to be de-
preGiated over five years and therefore £440 (£440 last year) of annual depreciation has been
provlded for. The net book value at Dec 2023 is £440 Oast year £880), and accumulated depred-
ation is £1,760 (£1.320 last year).
Is

Wlnch•¥ter Ba8lcs Bank
6. Sto¢ks
2022
OwiNJ stock value
28,890
29,282
R8celv¢d in pw
163.202
178,923
Expensed in per
{184.8741
(179,515)
CID51n9 Stock value at 31• Dec8ffl)èr
27,018
28,690
Oth•r than the Stock of donated good8 and prepaK1 voucheTr. the charity does not hold any material
value of 8tock8.
7. Debtor5 and prepayments
as at 318t Deceml)er
2023
2022
Donatlon8 in transbt
Gift Aid raclaim
30.028
18,5(KJ
Rent deFosIt
3,115
3,115
Prepayrn￿ts
250
Tolal debtor8
33,393
21,771
8. Cash at bank and In hand
as at 31* D•c8mb8r
2022
322.418
381,487
Cash at bank and on hand
1,144
Total
322,718
3S2,631
16

nchester Ba•ics Bank
9. Creditors and a¢uuals
Amounts falllng due wlthin one year
a$ at 31st Decemt
2023
2022
Grant defwrnl
3,588
Total
3,588
There were no credltorn f811iNJ dt* aftw moro ono year at either 31* Decomber 2023 or 2022.
17

Wlnchester Basics Bank
10. Fund movemerrts
F￿1 ￿ fin¥J,919
26
lunds
318.919
192.787
8.5391
413.187
Dorthd goodl fun& 21282 178M3
1179.515)
371.710
1278.0541
441.857
T￿1 ¢**tylyr#J•
371,710
f278,0541
441.882
b•l•n¢•
2S
2S
Unr••trtthd
414167
139.895
11ll.5431
300.519
1164.8741
27.018
441,857 303.097
rJ37.417)
407.537
TotAI ¢harltyfuTh
3.097
1337,41TI
407.J62
18

Winchester Basics Bank
11. Transactions with trustees and related parties
None of the trustees have been patd ary remuneration or T￿lved any other benefits from an
em￿OyMent wtth the charity or a related entity.
b. No trustee expenses have been incurred or paid.
c. There have been no related party transactions in the reporting wiod.
19