Winchester Food & Baslcs Bank (a company limited by guarantee) Report and Financlal Statements Year endlng 31•t December 2025 Charty numb8r.' 1102470 Company number.. 05￿5690 Contents Page(s) Report of the directors Report of the IndeparKlent Examiner 10 Statement of Financi81 Activities 11 Balance Sheet 12 Notes to the accounts 13-19 inchester Food & Basics Bank Report of the director5 for the year ending 31" December 2025 Th8 trustees present their amual direrAors' r8POrt tofftr with Ihe financial statements of Wnch8Ster Food & Basics Bank for the year ending 31" De￿rnber 2025. The financial statements have been prepared for the Company as a goiro concem on the basis set out in Note 1 to the accounts and under the accounting policies set out in Note 2 (see pagès 13 and 14). The directors have taken advantag8 of the exemptions applicable to small companies including.. not being required to have a stattrtory audit, rK)t being required to include statement of cash flows with the financk91 statements, not being wulred to analyse and r8POrt income and expenditure cffi a detailed activity basbs. As total income for the period exceeds £250,000, the Company is requir8d under charity law to have 81ther an audit or an independent examination of its accounts by a qualified person. The Board appointed K.J. Stratton of Kimball Smith as its irKlependent examiner in 2025. Thls directors, report indudes the tnJst88s' annual report infomation as required under charity law. 1. Background and Purpose nchester Food & Basics Bank (WFBB) provhdes food, hygiene products and clothing to individuals and families in emergency need. It aims to make appropriate resources available to the maximum number of people at their point of greatest need. Founded in 2004, it is an ecumenical ChrFStian registered ¢*arity, set up by the churches based in Vlffjnchester and with tha support of Ihlnchester Cty Council. In 2025 the charity registered a ¢*arKJe of name with Canpanies House and the Charity Commission. Previously called Wnchester Basics Bank, the name was changed to nchester F¢x)d & Basics Bank, vthich the Trusle8s felt darified th8 aims and purpose of the charity with the general public and donors. Our purpose is to act as a resource for people facing a difficult situation in their lives and struggling to make ends mee( Ferhaps tecause of delayed benefit P8yments or a major household crisis. The impact of the Covi&19 pandemic and the ensuiThJ cost of living crisis caused significant dtfficultse5 for many, th8 effects of which continue to affect ttHrÈ. VVFBB is entir81y non-judgmental in that it helps anyon8 that needs urgent support. The raThJe of p80pIè who are seNed is wide, from individuals, to household$ with thildren aThJ to eldefly people. It also includes refugees and asylum seekers as and required. WFBB makes a vital contribution to the relief of hardship and so supports social thesion in the community and in this way provides public benefft. 2. Facilities 2.1. Maln Donation Sortlng & Storage Slte The site in Wnnall, opened in March 2021, is ￿ffiere the majority offotrj and clothing donations are delivered to WFBB. Suitable space is available to correctly sort the items and store them efficiently. This fa￿litY has had a transformational impact on the ￿5t of ￿￿BB by allowing us to dedutter our dient-facing k)cal Food and Clothes Hubs and as a result improve the quality of the interaction wth clients due to the extra spac* available for discussion. The lease for the warehouse expires on 31" Marth 2026 and are ￿rrentTrY in negotiations to renew the lease for another 5 years frC￿ this date. We are o)ntinually ￿VIewIng our logistical operations to ensure that can operate efficiently and manage Ihe recent volume increases in activty. Wlnchester Food & Basics Bank 2.2. Food Hubs We have 5 Focmd Hubs where clients collect food at the following locatTrons." Highdiffe: Milland Ro￿j Bar End.. Vineyard Churth Weeke: St.Bamabas Church Alr8sford'. St.Gregory's Church Badger Farm Community Centr8 At least one of these hubs is open every day betV¥Een Monday and Friday. The Badger Fami Communty Centre hub successfijlly opened in April 2025 to serve this area of Wnchest8r. We r￿1Ved grant-fuTrJing from Imnchester Cty CouncTrl to assist with the set- up costs. All of the fcrf)d ￿b$ are equipped to enable CAJr dients to choose many food items for themselves. Clients often comment on how this helps to make the experience of using our servic8 more pleasant and more similar to visiting a shop. It also means that our staff and volunteers are able to accompany the dient for longer during their visit thus enabling a better r8lationship to d8V8lop. The aim is afviays to make the dient feel comfortable in our operating hubs whith in can lead to the signposting of dients to other local support services. 2.1 Clothes Hubs We have 2 hubs ￿ere dients can access ckthes at the followirvJ locatlons: Highdiffe: Milland Road - adutt clothirKJ Bar End.. Vrneyard Church - fvll rarKJe of adum & L*ildren'8 dothing Adult cloth8$ can be selected by dients they visit the Milland Ro&J hub to ¢0158ct food. Space has been allocated for choosing and trying on of ck)thing. Any individual or household that requires addrtional ¢Fothing can acc*ss this at the Vineyard hub Y*here a wide raNJe is available including children's items such as cots, prams and toys. This is by appointrnent only to respect the privacy required for the client. 2.4 El•ctrlc Van Following a significant donation. INFBB was able to purchase a small electric van in 2022. The main wrpose of th8 van is to deliver foc¥J crates from our warehouse site to the hubs on a regular basis, as such the distan￿$ involved are short so an eledric vehicle is ideal. 3. se￿ICe5 3.1. Cllent numbers Traditionally clients a￿ referred to v￿88 through referral agents such as V¥fjnchaster Cty Council Housing Department, Hampshire County Council Social servi￿$. Citizens Advi￿, Trinity Centre, local housiThJ associations local charitsble groups, thurches, doctors, surgeries, probation offiors and health visitors. These referral agents ISSU8 cfiline vouchers to people they know vtho are in urgent emergency ne8d. and these vouc*ers are exthanged at WFBB for &days of food and hygiene products plus artides of clothing then required. In addition, there is a self-referral process whereby people who have never used our SeNi￿S before can reach us direcdy. Winchester Food & Basics Bank In 2025 we issued 2.887 food parCel￿VOucherS to a total of 1.075 families comprising 2,582 adults and thildren. This was a decrease of about 20% on 2024 (where we issued 3.353 food parcelslvouchers to 1,101 families made up of 2.￿ adults and Children. We don't fully understsnd the reaS￿S for th8 reduction in dients, which mainly occurred in the first half of 2025, as cli8nt numbers had been consiSten￿Y dimbing for some years. Earfy indications from 2028 indicate that Client numbers year on year are incr&gsing. As an 8mergency seTvice. our general rule is to limrt number of vouchers per di8nt in a 12-M(￿th period. This limit is currenlly 8 visits par calendar year. Clients can self-refer themselves for a maximum of 4 visits, after bvhich we require a referral one of our referral agents. Most clients only need our SUPFQrt over 2 - 3 visits. For those who visit more often and reach a total of 4 visits, we sMJnpost them to other support S8rvices or to our partner fo¢xl pantries in Stsnmore and Wthnnall. 14Ve have a scheme Wh￿bY rfthe maximum level of8 visits is reach8d, provide a voucher for a visit to a partrfir food panty as a way of introducing the ciient. For our most vulnerable clients vho rnach the 8 visit limit, we assess on a case by case basis whether we can oive them any additlonal vouch8r. 3.2. Schools Programme Our School Holiday Lunch Sdwne for Pupil Premium thildren vtho are rèferred to us via local schools continued through 2025 and WFBB provided 1,238 lunthes during school holiday times during 2025 (1.520 lunthes during 2024). 3.3. Oellveries to Clients We also operate a delivery sepiice for those who cannot physically visit one of our collecti¢)n hubs. It is clear that it is helping us to improve our reach into Ihe community as around 20% of all food parcels are linked to a delivery. 3.4. Slgnpostlng Our s8lf-selection process has proved to be useful in devek>pirvJ more Inter8Ction with our dients as they are a￿VayS acwnpanied by a volunteer when they select their food items, which allows ojnversations to more easily flow. During these conv8rsations ￿ Gan make helpful suggestions and sugoest altemative providers of support eg Citizens Advice. In 2025 we increased our efforts to sIgn￿$t our clients to otr￿r agencies who could offer the support and advice they need to improve their situations. We also have an °Other Services. page on our vmbsite to provmle w)formatiM and links to appropriate support servicAs. 4. Partnerships wlth Local Food Pantries We have partnership agreements ￿1th the two food pantries based in Wnchester at Th8 Carroll Centre, StanM0￿ and Unit 12, Wnnall. Anyone needing ongoing help with ac¢essing food can sign up at one of these pantries and pay £51£6 per week to choose a minimum of £15 worth of food. This service compliments that given by WFBB very well and enables our clients to move to a different level of longer tsrm support, if required, after they have had th8ir emergency help. As part of these agreements have committed to provide food in bulk frcKn our donation site on a wee￿Y basis. This support has helped these pantries to become sustainabFe charitable entities. S. Future developments inchester Food & Baslcs Bank In addition to having the flexibilty to cope with f0￿caSt di8nt numbers, our focus is on improving the qualrty of our client InteraCti￿S and exploring ways to help our clientsfind solutions to their difficutties so that they no longer need to access our servI￿s. We continuously strive to remove the stigma some potential dients can feel in approa¢Jling a foodldothing bank and trj make ￿B8 a friendly place vthere helpful and r81evant supwrt be acc8ssed. Churches, Corporates, Chaiities and individuals in our communty continue to b8 vary generous in their givirvJ of time, fo(MJ and finances. We are extremely gratefvl for this support without which n(me of ￿r sty)s to improve our services wwld be possibid WSnchester Food & Basics Bank Finan¢lal Trview 2025 2024 Incorr Monetsry donalKMS, rent and interest 181,178 137.254 Purchased Food & vOud￿$ 57,125 107.231 116.733 Total IT￿orn0 345.$34 346.053 Monetary expendtture- unrestrthl 177,651 204,785 7.625 grven out 168,&21 21X.976 Total expenditure 354,097 411,761 Net surplusllde￿Ii1 Mone (4.098) (67.5311 (4,465) 1,823 Net incomel{exFendrture) (8.563) (65,708) Funds at 31* D8cemlJar Unrestri¢te(I genoral inconKt funds 308,915 312,311 24.376 29.543 Totsl funds 333,291 341.854 Monetary donations increased signfficantly during 2025 due to the impact of a fundraising Campaign which focused on Corporations arKI Charities who were supportive of the Winchester Food & Basics Bank's work and the utilization of grants from Hampshire County Council. Total monetsry income of £181,178 {2024- £137,254). was rep￿ented by churches 5% (last year 15%). businesse￿￿8[¥11es 23% (last year 11%), irKlividuals induding Winchester Food & Basics Bank associated Gift Aid 53Vo (last year 66%) and Hampshire County c￿ncil 22% Oast year 0%). Monetary donations v￿re received from a combination of prtvate individuals. k)cal church communities, local L￿SineSseS and local charities. We also f￿[ved gtft aid wherever possible plus interest from cash deposits. reoived a seoJTrJ Restricted grnnt of £2.5￿ from VIAnchester Cty Council, ￿ttich together with thé first grant of £2.5(KJ recèived in 2024. was spent towards the set-up costs on creation of a new client hub at Badger Farm Community Centre. There was also a Restricted grant of £2,625 for the provision of our Sd￿1 Holiday Lunch Stheme received from a charitable donor- this was S￿nt in 2025 to assist in the provision of this scheme. During the year, we also received total Unrestrici8d Grants of £26,571 from Hampshire County Council from their Food Support Grant scheme and £20,O¢XI from the National Lottery Community Fund. We are very grateful for the contlnued financial support of Wnchester and the surrounding communities for our activities. We are blessed to b8 in a healthy finanaal situation and th8r6fore able to consider improvirYJ our services where the Board see th8 need. We now have £281.Crf)8 (2024- £286,616) in the bank and cash n harKI. These fijnds will enable us to meet the needs of our community into the future. Total monetsry expenditure in the year was lower at £185.478 (2024 - £204,785) mostly due to the reduced cost of purchasing food to supplement food donations, as a result of both an increased effort to tsrget the cheapest essentials and also a reducth)n tn demand experienced during the year. The cost savings on ft￿d wrchases was partly offset by the costs incurred in setting up the new customer hub at 8adg8r Fann. The Other Costs are detailed on pag@ 15. Historically muth of the provision to facilitate our service was in kind and therefore the cash costs of operations were lower and in effect urKlerstated in tru8 value temis. Investment continues to be made to make the operations more efficient, safer and scalable. The net deficit for the year was £8.563 (2024 deffiat - £65.708), comprising a net monetary deficit of £4,098 {2024 deficit- £67,531), and net Donated Goods deficit of £4,465 (2024- net Donated Gocrfjs gain of £1,823). repres8nting a decrease in food and vouthar stock at the year erKJ. The directors, policy is to aim to hold unrestricted monetsry ftJnd$ 8$ a reserve of at least t￿e1ve months of unrestricted ￿sh operating costs (which now equates to approximately £175.0￿). plus funds for investment in the future sustainable provision of seN1￿$ to meet the needs of the community. The total of unrestricted general fvnds at 31 D8￿mber 2025 exceeds this level as the Board consider Ihe future Strategy investment q)portunit18s. It is the Board's policy to utilize the Unresthcted Funds in the short to medium tsrm to support the antiopated level of demand and activity being experienod. This policy will be reviewed regularly. The fair-value cost of donated gC￿d$ r￿1Ved In the year was £107,231 (2024 - £116.733) net decrease of 8%. This CC￿tinueS to reflect the impact of cost of living increases on our donors. Food donations are received from a variety of sources: there are reguLqr collection Foints at many local churches, supermarkets and other locations. This is supplemented by occasional colle¢tions from to¢al businesses, charities and schools. Rather than manage a large donation around the traditional Harvest Festival period we have developed a stheme to spread these donations through the year. We also have considerable donations from The Hygiene Bank of a wide range of hygiene related products. for we are very gratefvl. W8 woukl like to give a huge thank you to all those individuals arKI organisations who have Inche*er Food & Basics Bank helped us during the year through gifts of food. dothing. cash and time. These organisath?ns include supemiarkets such as Aldi, Sainsburys. Co-op, Tesco, Waitrose and Pets at Home arKI we also r8ceive generws food donations from locat fami shops and Wnthester Rotary. We purchase fresh fcx)d wee￿Y from Fareshare. In 2025 have Contin￿ to attract and retain volunteers has he￿ed us cope with demand and replace some volunteers who needed to Y￿thdraW for a variety of reasons. We are hugely grateful for their work. In total V￿ are supported by over seventy volunteers who donate very generously of their time and skills, many of vthich have b88n doing so for a great number of years. Our volunteers transport food collected at sUpe￿nark8ts and oth8r donation sites to our bulk sorting and stofdge site and food hubs as well as to individual di8nt households as part of ourdelivery service. They also sort and store the food as well as serving our clients with food and clothing at th8 hubs. Wthout our wond8rful volunteers we would not be able to provide our services. Structur4 governanc• and management nchester Food & Basics Bank is a charitsble company limited by guarantee Viithout sha capitsl. It wa$ incorporated on 5th January 2(K)4 and registered as a d￿rity on 4, March It is govemed under its Arti¢les of AsS￿latIon and was established under a Memorandum of Associatit)n that sets out thè objects arKI powers of the charitable company. Th8S8 documents V*Ere updated in 2020 with tho help of the Hampshire cO￿ty CoLK)al legal team. The members of the Board of Trustees, who are also Directors, are elected to serv8 by the existing directors. The directors of the charitable company (the charity) are its Trust8es under charity law. Directors are selected from the local Wnthester community when th? need arises. The members ofwnchestsr Food & BasKs Bank are guarantors of the company to an amount not exceeding £1 per person in tt)e event of wnding up. The board of directors nomally meets every IM) months to review the operation of the charity, considerldecide UF)on investrnents arKI to agree policies and procedures. Reports from the Operations Manager and the Treasurer are revthved and updates given by th8 Chair and directors on any relevant specific agenda items. In addition, a Strat8gy Meeting is nomially held once per ye8r to discuss arKI set ts direction for thg ojning periods. Decision making is the responsibility of Ihe board. Contact details for the charity are set oui the Wnchester FOC￿ & Basics Bank v￿bsIte {V￿vW.￿1nCheStert)aSlCstsan￿org.Uk}. Wlnchestsr Food & Basics Bank Referen¢e and administratsve details Name of charity. nd￿ter Food & Basics Bank (previously Winchester Bas￿ Bank} Charity registration number: 1102470 Company ￿h$tratiOn number Registered office and principal place of bu8ines8'. 21a Penton Place. MillarKI Road n¢hester S023 OPZ The directors (trustees and members) at the end of 2025 were as follows.. Lesley Littte Mary Alveyn Paul Breakwell Beauman Chong Leona Mani-Lumsden Dean Shaw Adrian Gldlng Kate Rat¢lrffe Terry Martin Lucy Dlllon Director and Chalr Dirertor Director (Resigned 6th Jan 2025) Director Director D1￿ctOr Director (appointed 12th May 2025) Director (appointed 12th May 2025) Director and Treasurer Director and Company Seu8tary Patron.. David Inne8 OBE (retired * July 2026) Prestdent: The Right Reverend Phllllp Mounst8phen, 8l$hop of Winchester (from 191h May 2025) Independent Examlner: KJ. Stratton - Kimball Smith Bankers.. Santander 119 Hlgh St, Imnchester S023 9AS Accounts also held wlth RBS, Virgln Money and Klngdom Bank Exemptlons from dlsclosure None applicable. Approved by the Board of Directors on 13 7. Jo2L and signed on Its b8half by: Lesl8y knttie, Irector and Chalr Wlnchestsr Food & Basics Bank Report of the Independent Examiner to the trustees of ￿nChester Food & Basics Bank I report to the charity trustees on my eydmination of the aca)unts of the company for the year ended 31 December 2025 as set out on pages 11 to 19 (including notes to the ac¢ounts). Regponslbllllles and ba818 of report As the charity trustees of the company (WI￿ are also the directors of the company for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requi￿rnents of the Companies Act 2006 ("the 2006 Acr). Having satlsfied myself that the accounts of the company are not required to be audited for this year under Part 16 of the 2006 A(# and are eligible for independent examination, I report in respect of my examlnation of your charity's accounts as carried out under section 145 of the Charilies Act 2011 (Ihe 2011 Acf). In Carrying out my examination, I have followed the Directions gtven by the Charity Commi&8ion (under section 145{5)(b) of thè 2011 Act. Indopondent axamlnorf* statement I have eompl8ted my examinatlon. I c<)nfirni that no matsrial matters have come to my attention vthich gtve me ￿￿Se to balieve that: accounting records were r￿1 kept In accordance wllh sectlon 386 of th8 Companles Act 2006; or the a¢courts do not accord with such records,. or the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 other than any requirement that the accounts give a 'true and fairf view whith 18 not a matter considered as part of an independent examination. or the accounts have not been prepared in accordan¢e with the Charities SORP (FRS102). I have no concems and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to en8ble a proper understsnding of the accounts to be reached. Slgnedby: Assignedby H. fj £kAkn. Date: 2J J lo Name: Kenneth John Stratton FMAAT 6195080 Address: cjo Kimball Smilh Brewery House High Street Twyford Winchester S0211RG io Winchester Food & Basks Bank Statement of Financial Activities lincluding Summary Income and Expendi￿re Account) for the year ending 31" De¢¢mber 2025 2024 Totsl funds fund6 Income Donations DonatKJns and gifts 158,499 5,125 163.624 115,865 Gfft Akl on dwect glving 11,641 11,641 12,244 Purchased Food & vouchers 57,125 57,125 107.231 107.231 116,733 0th8r Inco￿ Interest arKI rent 5.913 5.913 9,145 Total income 340.409 5.125 345,534 348,053 EX￿ndIture Charitable actiVFties FOCKI & vouchers gtwen out 188.821 188.821 206,978 Fareshare fees 2,523 2,523 3.109 Purchased fwj & vouchers 51.9ri 2.625 54,802 88,957 Charitable Donakn Slaff Costs 56.624 56.624 52,666 86,527 5.000 71,527 60,053 Total expenditure 346.472 7.625 354.097 411.761 Not In¢omelldeficltl ft>r tho roportlng perlod (6.063) (2,500) {8,563) {65.708} Transfers btheen funds 10. 25 {25) Net movement In funds (6,038) (2.525) (8,5631 (65,7081 Reconciliation of fvnds Total funds brought forward 10. 339.329 2,525 341.854 407.562 Total funds carried forward 10. 333.291 333.291 341.854 li Wlnchester Food & Basics Bank Balance Sheot as at 31° December 2025 2024 Note Flxed Assets 21.747 21,943 Currnnt assets stocks 24.378 28,841 D8bloryJ and pr&payments 8,127 5,775 Cash at bank and In hand 281,008 288,616 TIXal ￿rrent assets 313,511 321.232 Credltors: amounts falltrKJ due w5thln one year 1,321 Net current ass8ts 311,544 319,911 Total assets le$8 currnnt 333.291 341.854 Funds of the ch•rfty RestrtfAed Incom8 fuThts 10. 25 2.525 Unrestricted general funds 10. 308,890 310,488 GO￿￿$ fund (falr value) 10. 24,376 28,841 Tol81 fvrKIs 10. 333.291 341,854 The company is entitled to exemption from audit under section 477 of the Companies Act 20(B retating to small compani8$. The members have not required company to obtain an audit in a￿)rdance With section 478 of th8 Companies Art 2006. 12 Winchester Food & Basics Bank The directors acknowledge their responsibilities for complying with the requirements of the Companies 2006 with resped to a¢￿UntIng records and the preparatton of accounts. These a¢¢ounts have been prepared in accordano with the provisions applicable to small Companies subj'ect to the gmall companies regime and in accordan￿ with Charilies SORP (FRS102). These financial statements were approved by the Board of DireLtors on 11 l .2olL and are signed on its behalf by: Mrs L881ey Little, Director and Chair The notes to the accounts on pages 13 to 19 fom) part of these financlal statements Notss to tho accounts 1. Basis of preparation a. These accounts have been prepared on a going . inchester Food & Basics Bank During 2024, the IT So￿are used by the Food & Basics Bank was upgraded at a cost of £3,600. During 2025, a further upgrade costing £7,680 was implemenled. Both upgrades are being de- preciated over five years. The net book value at Dec 2025 is £9,800. wtth £1,360 of depwiation balng tharged in 2025. 6. Stocks Donated goods for distr&Mrtk)n to benefid8 2025 2024 Opening stod( v8lue 28.841 27,018 Rec8wed In pe[K￿l 164.356 208,799 Expensed in perknJ (168.821) (206,978) Closing stock value ai 31* Decemtjer 24.378 28.841 Other th8n the stock of donated goods prepaid V￿Char5. the tharity does not hold any material value of stocks. 7. Debtors and prepayrnents as at 31st Decern￿r 2025 2024 Chrlstmas Carol cOn￿rt Receipts 2.184 GM Akl recl8lm 2,829 Rent derostt 3,115 3.115 Prepayrnents Total detrAors 8.128 5,775 8. Cash at bank and in hand as 9131st Decernber 2025 2024 Short le￿ depxjsits 280.786 286,503 Cash at bank and on hand 112 113 Total 281,008 286.618 16 Winchestsr Food & Basics Bank 9. Creditors and accruals Amounts falling due within t)ne year as 8t 31st ljecember 2025 2024 1.321 Grant deferral TIXal 1.321 There w￿re ro creditors falling due after more Ihan year at either 3111 Dec8mber 2025 or 2024. 17 Vlfinchester Food & Baslcs Bank 11. Transactions with trustees arKI relat8d parties a. None of the trustees have been paid any rernunerati￿ or received any other benefits from an employment with the thanty or a related entity. b. No trustee 8xp8nses have been incurred or pahj. c. There have been r¥) related party transadions In Ihe reporting period.