Reglstered Charlty Number., 1110266
Company Number: 05410855
Sodexo Stop Hunger Foundation
(A Company Limited by Guarantee)
Trustees. Report and Financial Statements
for the year ended 31 August 2024

Sodexo Stop Hunger Foundation
Contents
Page
Reference and admlnlstrative detalls
Report of the Trustees..,............
Trustees, Responslbilltle5 Statement........
Independent Auditor's Report.......................
io
statement of Hnanclal Activitie5
13
Balance Sheet .
14
Statement of Cash Hows........
15
Notes to the Financlal Statement5........
16

Sodexo Stop Hunger Foundation
Reference and administrative details of the charitable companyi its
Trustees and advisers for the year ended 31 August 2024
The dlrectors and trustees of the charltable company (the "Charity") who served durlng the year
and up to the date of slgnlng the flnancial statements were as follows:
Trustees
Laura Ellen Brlmacombe
Patrick Forbes
Samantha Louise Scott
Davld Forbes
Paul Marcin Anstey
Duncan Graham Palmer
Sharon Elizabeth O'Brien
Gareth Luke Sefton John
Slmon Keith Mccluskey
Davld Willlam Anthony Mulcahy
Sean Mlchael Haley
(Chair) (From 29 November 2024)
(Appointed 17 October 2023)
(Chair) (Resigned 29 November 2024)
(Resigned 15 September 2023)
(Resigned 31 December 2024)
(Reslgned 31 December 2024)
Company number
05410855
Registered charlty number
1110266
Registered office
One Southampton Row
London
WCIB SHA
Company secretary
Sodexo Corporate Servlces (No 2) Limited
Independent Auditor
Azets Audit Services Llmlted
12 King Street
Leeds
LSI 2HL
Bankers
HSBC PLC
8 Canada Square
London
E14 5XL
Allled Irlsh Banks PLC
1-4 Baggot street
Dublin 2
D02 X342

Sodexo Stop Hunger Foundation
Report of the Trustees for the year ended 31 August 2024
Sodexo Stop Hunger FoundatSon (the foundation) is a charitable companyi company number
05410855, charity number 1110266.
The Tru5tee5, who are also dlrectors of the Charlty for the purposes of the Corhpanles Act 2006,
present thelr annual report together with the financlal statements of the Charlty for the year
ended 31 August 2024. The annual report serves the purposes for both a Trustees, Report and
a Directors, Report under company law. The Trustees have adopted the provlslons of Accountlng
and Reportlng by CharltSes: Statement of Recommended Practice appllcable to charltles
preparing their accounts In accordance with the Financial Reporting Standard applicable In the
UK and republlc of Ireland (FRS 102) (effective l January 2019).
The Reference and admlnlstratlve details on page l of these financial statements form part of
the Report of the Trustees.
StructureH governance and management
The Foundation was Incorporated on 1st April 2005 as a company Ilmited by gLtarantee whlch Is
governed by Its Artlcles of Association.
During FY24 eleven Trustees served on the Board. The Chalr of the Trustees seeks to recrult
trustees from different sectors of Sodexo's management teams to provide a diverse range of
knowledge, skllls and experience. The Trustees do not recelve any emoluments for thelr
servlces, nor were they reimbursed for any expenses during the period. Trustees are appointed
by resolution of the Foundation's member, Sodexo Holdings Limited, and are provided wlth
tailored inductlon materlals and training in their dutles and responslbllitles.
The Board of Trustees meets quarterly to recelve reports on the Foundation's actSvitles and
performance and consider grant appllcatlons. The Board is also responsible for setting the
strategy of the Foundatlon In alSgnment with the global Stop Hunger objectlves. A commlttee of
the Board meets on an ad hoc basis to revlew grant applScatSons and submlt recommendations
to the Board for consideration when a higher-than-average number of grant application5 are
received. Representatlves from charity partners are invlted to attend Board meetlngs
perlodically to provide an update on sector trends and support requirements. The Board
regularly revlews Its Internal processes and controls to determlne thelr effectlveness.
Objectives and Activities
Stop Hunger was founded in the US In 1996 when a group of Sodexo colleagues saw children
going hungry during the school holidays. With Sodexo's support, these colleagues started a
breakfast club and Stop Hunger was born. Today, Stop Hunger is a global nonproflt network
actlng for a hunger-free world and present In 58 countries across the globe. Its Strategy aligns
wlth the Sustainable Development Goals designed by the United Nations to make the world
falrer and more equal place.
In the UK and Ireland, the Sodexo Stop Hunger Foundation is an independent reglstered charlty.
To malntaln close alignment between our actlvltles and local needs, we partner wlth a network
of charities and Community Interest Companies. Our key national partners include Fareshare,
Trussell Trust, SSAFA and Enactus and our support takes the form of grants, volunteering and
the sharlng of expertSse. Our work also extends beyond food ald and funds projects that
empower women, which is one of the most effective ways to tackle food insecurity. The
Foundation Is also a key enabler of Sodexo's Social Impact strategy, the company's ethlcal
manlfesto for ImprovSng quality of life.
The objectlves of the Foundation are to:
advance the educatlon of the general public in relation to health, nutritlon and
wellbelng;
provide relief from financlal hardshipi and the improvement of the quality of life in
soclally and/or economically disadvantaged commu nities through the provlslon of

Sodexo Stop Hunger Foundation
Report of the Trustees for the year ended 31 August 2024
grants, goods andlor services in relation to health, nutrition and wellbelng,. and
promote all other purposes recognised as charitable under the law of England and
Wales from time to time to the benefit of the general publlc as the Trustees shall from
tlme to tlme determine.
Thls year, the Foundation supported Fareshare, SSAFA, CoFarm, Made In Hackneyt Trussell,
Enactus, 3 Plllars, The Bread and Butter Thing* Chapter One, Oasis, The Switch, Everton in the
Communityi Abernecessltles and the Alexandra Rose Charlty. These grants have helped to
redlstrlbute surplus food, support veterans at risk of or experiencing homelessness, provide f ree
vegan meals, enable farms to donate local produce, empower disadvantaged communities to
cook, empower women to build confldence, provide food vouchers to families with young
children and rnuch more,
As well as meeting immediate needs, we also target the root causes of food insecurity and
povertyi for example by seeking to share skllls, Improve literacy skills, and support women to
build the confidence they need to get back into employment.
The organlsatlons and projects we have supported Include:
Trussell's Help through Hardship. helpline, a free servlce that advises people In flnanclal
stress about available sUPPOrt and benefits,
Oasls, Soclal Supermarkets/Community Food stores dellver consistent access to Staples
for families facing hardshlp, and wrap-around services such as job trainingi flnanclal
advlce and cooking skills.
The Enactus UK Incubator Competition, whlch saw unlversity teams compete to win
funding for projects that tackle food insecurity and empower women.
The Bread and Butter Thingi which bullds women's confidence to support them back
into employment, and break the cycle of poverty.
Chapter One, whlch works to help young children read to expected standards.
The Swltch, providing financial literacy education to vulnerable children In London.
SSAFA'S Sodexo Homelessness Fund provides urgent welfare provisions to those
experiencing homelessness amongst the Armed Forces communlty.
Made In Hackney's community kitchen provides free meals across Hackney to the local
communlty,
Fareshare, which works natlonwlde to redistribute food to people In need.
CoFarm works with vulnerable communlties to co-create their own agroecological
farms.
3Plllars supporting the Outside Links project working with female ex-offenders and the
wider homeless community of Peterborough.
Everton in the Communlty operates a pantry whlch helps to tackle food insecurlty and
poverty In and around a region of Llverpool.
AberNecessltles, whlch dellvers food, clothlng and essentlals to families faclng poverty
in Aberdeen and Aberdeenshire.
A full list of all the charltles we have sUPPOrted in FY24 can be found on page 21.
All fundralsing is conducted by the Foundatlon without utilising the servlces of professional
fundraising partners or commerclal partlcipators. Funds are raSsed through the Sodexo staff
lottery, annual events and ad hoc fundralslng by Sodexo staff. Sodexo addltlonally supports the
Foundatlon by donating the cost of time of its employees spent on the accountlng, governance
and admlnlstratlve servlces for the Foundation along wlth an annual donation from each
segment, and allowing its employees to volunteer tlme during working hours to support the
Foundation's charlty partners.
Buildlng upon the refreshed strategy and mlsslon establlshed in FY22, whlch centered on
Sustainable food securSty and allgning with Sodexo's Social Impact pledge, the Foundatlon
contlnued to prioritise volunteering and women's empowerment initlatives. Thls strategy also
involved a balanced approach, supporting both immedSate food aid solutlons and longer-term,
root-cause projects to address food Insecurlty. To align wlth a long-term strategic vislon, the

Sodexo Stop Hunger Foundation
Report of the Trustees for the year ended 31 August 2024
Trustees have undertaken several Inltiatives in FY24 including revlewlng and reflnlng the
Foundatlon's goals to maxlm15e Impact over the next five year5, focu51ng on locallsed Impact.
To further enhance local Impact, Trustees have approved a pilot employee advocacy fund for
FY25, empowerlng employees to nomlnate smaller, local charities for fu ndlng. Addltlonally, the
Board has conducted a comprehensive review of its governance structure to ensure optimal
performance and accountabllity with the support of a thlrd-party provlder, Cranfield Trust.
In order to monitor the Foundatlon's performance agalnst the Strategy, Trustees agreed a set
of key performance Indlcators. By 2025, the Foundatlon aims to.,
Divide Its flnanclal support between natlonal and local charltles, 700/0 to national
charity partners, 20010 to smaller charlty partners and 10% to innovation
projects.
Continue its work in local communities, and by 2030 have supported more than 15
mllllon beneficiaries in the UK & Ireland.
Maximise indirect beneficiarles.
Focus 50Wo of its grant giving on addressing the root causes of food Insecurity
(beyond food aid activities) whllst remalnlng mindful of the current economic
clSmate and the i ncreasing need to alleviate hu nger.
Support two women empowerment projects.
Good progres5 towards the Foundation's strategy was achieved in FY24 as detailed below:
Grants giving
In FY24 financial support was dlvlded between national charity partners (clrca 65% of fundlng),
smaller charity partners (clrca 19Yo of funding) and innovatSon projects (circa 160/0 of funding). The
Foundation supported circa 1.3 milllon direct beneficiaries and circa 1.4 milllon Indlrect beneflclarles.
Allgnlng wlth the needs of our beneficiaries, 440/0 of donated funds went to supportlng projects that
provided immedlate assSstance to allevlate the continued impact of the cost-of-living crisis. The
remaining 56010 of funds were used to empower local communities tackling the root causes of food
Insecurlty, £464,108 was donated centrally to charities and Communlty Interest Companles (CICS)
for sizable projects addressing the needs of local communities. Aligning with the Foundatlon's
commltment to making a longer-term and sustainable impact, an Increased number of donations
were multiyear grants. Charities benefit greatly from multlyear funding as it offers additional scope
to pursue thelr long-term vision.
Volunteerlng
The Stop Hunger Foundation was born as an employee-led initlative. In fact, Employers Supported
Volunteering stems from a desire to improve the quallty of Ilfe of those less fortunate in the
communltles that we work in. All Sodexo employees are given 3-paid days a year to volunteer In
thelr communities. Thls year, we delivered a record 11,379 hours of volunteerlng, mlxlng hands-on
work with the sharlng of expertise. Volunteering will remain a key focus for the Foundatlon In 2025.
Fundraising
This year, between Sodexo's contributlons and the work of Stop Hunger volunteers, £778,213 was
ralsed dlrectly through the foundatlon through a variety of activities. These actlvltles ranged from
our annual dinner to well-being walks.
Empowering women
Global research has shown that supporting women is one of the most effectlve ways to tackle food
insecurity. In the UK and Ireland, the Foundatlon co-develops programmes with charity partners to
help women tend to thelr immedlate and longer-term needs. In FY24, the Foundatlon supported 6
projects that almed to bulld confidence, support refugee resSdents, tackle homelessness and fund
educatlon for women.

Sodexo Stop Hunger Foundation
Report of the Trustees for the year ended 31 August 2024
Partnership
Sodexo has over 35,000 employees across the UK and Ireland, encompasslng a wlde and varied
pool of expertlse spannlng across the hospitality and facS11ty management industries. As Stop
Hunger'5 founding partner, Sodexo is passionate about serving our charlty partners beyond mere
funds, and we are therefore committed to giving our charlty partners access to the conslderable
expertise at our disposal.
The Foundatlon Is commltted to developing meaningful partnershlps, which includes taklng advSce
from our charity partners on where support Is needed and sharing our skllls and expertise in return.
Thls year, we have formed new partnerships and deepened others, includlng celebratlng the
£SOO,000 donatlon mSlestone to SSAFA, the armed force5 charity, durlng our annual Servathon. The
Servathon Is Sodexo's week-long global volunteering event designed to celebrate success, engage
employees and raise much-needed funds. This year's UK beneficlary was SSAFA, a partner we've
been working with Since 2008 to tackle food Insecurity among service personnel, veterans and their
families.
Teams of Servathon volunteers helped to improve facllltles at key SSAFA sites in multlple countrles.
I,OOQ hours of volunteering from Sodexo employees, clients and supply partners SUPPOrting
veterans and their famllies.
Grant Giving Policy
The Foundatlon funds a wide range of activities related to preventlng and tackling food insecurlty
In the UK and Ireland through different types of grants.
Charities can apply for:
single-year grant
multi-year grant
restricted costs (allocated to a partlcular project)
unrestricted/ core costs
Grant Giving Principles
The Foundatlon supports approximately 10 charities annually, who allgn with its strategic focus
areas and the guiding selectSon prlnclples below:
IOD/o of the overall money granted to be awarded to natlonal charity partners (meaning
charltles that are working across several counties at least), 20% to smaller charltles ("Stop
Hunger Local") and IOOA to innovation projects.
Opportunlty for Sodexo staff and cllent representatives to volunteerlpartlclpate.
How well the cause15 funded by other sources,
Alignment of the appllcatlon to the Foundatlon's objectivesllnltlatlves cllentslmarket sectors
and charlty law.
Level of due dS1Sgence conducted (web. financial. site visit. presentatlon/Q&A) and the need
for periodic verification on the application of funds ("return on investment").
Use and vlslblllty of Sodexo's brand as part of the funding arrangements.
Level of charity compliance and associated risk(reglstered charity, H&S standardsltralnlng,
CR8/Enhanced checks, etc.).
The geographic spread of funding across UK&I and the diversity of beneflclarles supported,
targetlng locatlons where Sodexo has a high presence to maxlmlse Impact.
Balancing regular giving agalnst any contingency fund to meet emergency needs falllng
withln remlt.
The above are non-exhaustive guiding principles and the Trustees will assess each appllcatlon on
its merits.

Sodexo Stop Hunger Foundation
Report of the Trustees for the year ended 31 August 2024
Followlng feedback from our charity partners, the Foundation delivered meanlngful, tallored support,
both nationally and locally, leveraging the Foundatlon's four crltlcal plllars
volunteeringi
fundralslng, grants glvlng and meaningful partnerships.
Public Benefit
The Foundation's charltable actlvities, as described above, focus on elther advancing the
educatlon of the general public in relation to health, nutrltion and wellbeing or providing relief
from financial hardship and the improvement of the quality of Ilfe in soclally and/or eco nomlcally
disadvantaged communitles. They are undertaken speclflcally to provlde public benef it through
Improvin9 the 1Sves of those we help, their families and the greater community. The Board of
Trustees ensure that they contlnue to carry out the Charity's aims for the publlc beneflt and
confirm they have complled with the duty In section 4 of the Charlties Act 2011 to have due
regard to public benefit g uidance as published by the Charity Commlsslon.
Achievements and Performance
Wlthln the past 10 years, food insecurlty levels have slgnificantly fluctuated. However, the overall
trend shows a worrying increase In food insecurity, particularly in the last few years. Accordlng to
Tru55ell, food bank usage has increased slgnlflcantly, with millions of people turning to charitable
support to meet their basic needs. The charity sector saw a rise in demand from organlsatlons
working with the most vulnerable. The Foundation has responded strongly by dellvering slgnificant
support to those Sn need, and more than 2.8 million people benefitted from Stop Hunger's
multifaceted support to tackle food insecurity and its root causes. Over the year, the Foundatlon
placed conslderable focus on:
Ensuring a tailored and proportionate response to the cost-of-living crlsls. Relylng on the
expertise of our charlty partners, we adapted our support to dellver greater efficiency.
Examples include switching to unrestricted fundingi making additlonal donatlons, and
increasing volunteerlng.
Further developlng our beyond food ald agenda, whlch means amplifying our work and
investment in charities that address, for example. literacy and job skllls that help create
longer term solutlons.
Adopting a needs-based approach by focussing on skill-based volunteerlng. Thls support
Ilowed our charlty partners to plug knowledge andlor resource gaps. As our volunteering
fulfils a dlrect need identified by our charity partners, Sodexo employees were able to add
value where it was most necessaryi whilst also minimising the admlni5tratlve burden.
The
latest stop
Hunger
Report
can
viewed
on
the
followlTrg
Ilnk:
e.sitecorecloud.lo
sodex
rancel-sodexocor
sites-
rod-e74c
medla
Pro
ect
Sodexo-
Cor
Euro
UK
Media
df
social-lm
act- laces
sto
-hun
er-2024-re
ort. df and Includes a serles
of case Studies detaillng some of the great work the Foundation has dellvered In Sts support of local
and natlonal charity partner5. These case studies shine a light on how the Foundation'5 holistic
approach to volunteering, fundraislngi grants giving, and partnershlp bulldlng has led Impact across
the last twelve months.
Detalls of the grants the Foundatlon has paid are Included in Note 7.
Financial review
At 31 August 2024, the Foundatlon's flnances are robust, with total income of É1,031,238
(2023.. £911,189). The cost of the staff lottery is the principal cost wlthln the expendlture on
ralslng funds whSch amounted to £264,098 (2023: £260,593). Expenditure on charitable
actlvltles was £644,060 (2023: £573,771).
The Foundation achieved a net Income of £123,909 in 2024 (2023: £77,113).
At 31 August 2024 the reserves held by the Foundation were £451,357 (2023: £327,448) all of
which were free reserves.

Sodexo Stop Hunger Foundation
Report of the Trustees for the year ended 31 August 2024
At 31 August 2024 total funds of £240,000 are expected to be paid on multi-year grants where
performance condltlons are met in future years.
The principal fundlng Sources of the Foundatlon are funds raised from annual events and the
Sodexo staff lottery In the UK. A corporate donatlon is provided by Sodexo Llmlted which the
Foundation uses to meet its day-to-day running costs.
As detailed In the Future Plans sectlon, a prlncipal rlsk faclng the Foundatlon in FY25 contlnues
to be challenges arislng from the ongoing cost-of-livlng crisis. Fundralsing is Ilkely to be
Impacted by a reduction In dlsposable income combined with the Foundation's charity partners
forecastlng an Increase in demand for their services in FY25 and beyond. Future plans
At 31st August 2024, the Foundatlon had unrestricted reserve5 Of £451,357 (2023.. £327,448)
whlch are intended to be used to make donatlons to charities and other organlsatlons worklng
in line wlth the Foundation's objectives. Successful partners from prlor years are Invlted to apply
for further grants.
The principal rlsks and uncertalnties faclng the Foundation are the ongoing challenges ralsing
funds and individuals provlding their time and support for volunteering purposes, to fulfll the
Foundation's charltable objectlves, combined with an Increased demand for fundlng from charity
partners.
To mitigate potentlal risks and uncertalntles, the Foundation invested In robust data tracklng
and analysis. A dedicated dashboard was created to monitor ongoing impact. Additlonallyi Stop
Hunger collaborated with Sodexo to review and relaunch the volunteering pollcy, further
Integratl ng volunteerlng Into Sodexo's culture. Actions included Increased collaboration with
Sodexo's Dlverslty, Equityi and Incluslon employee networks. Focus areas for FY25 Include
refreshlng Stop Hunger's fundraising strategy, increasing employee engagement In the
Foundatlon's decision making, and dellverlng a bespoke communicatlon plan for the
Foundation's 20-year anniversary. The alm Is to continue drivlng greater volunteeringi ensurlng
maxlmum impact to our local communities.
Reserves policy and going concern
Whllst there is no formal reserves policyi the Trustees intend to hold fund5 in reserve so as to ensure
the Foundatlon can contlnue to meet its long-term objectives.
The flnancial statements have been prepared on a going concern basls which the Trustees conslder
to be approprlate for the following reasons:
The business model of the Foundation Is such that it5 charltable activitles are Ilmited to
those whlch It has sufficient funds to support from the excess of Income received over the
costs of administerlng the Foundation.
The Trustees have reviewed the cash flow forecasts for a period of 12 months from the
date of approval of these flnanclal statements which indicate that the Foundatlon wlll have
sufficlent funds to meet its liabilities as they fall due for that period. There have been no
materlal post balance sheet events that would affect this assessment.
Consequently, the Trustees are confident that the Foundation wlll have sufficient funds to continue
to meet Its Ilabllltles as they fall due for at least 12 months from the date of approval of the
statements.
Trustees. indemnities
The FoundatSon has made qualifylng thlrd-party indemnlty provisions for the benefit of the
Trustees which were made during the perSod and remaln In force at the date of this report.
Auditor

Sodexo Stop Hunger Foundation
Report of the Trustees for the year ended 31 August 2024
The audltor, Azets Audlt Services Limlted, Is deemed to be reappointed under section 487(2) of the
Companies Act 2006.
Dlsclosure of information to the auditor
Each of the persons who are trustees at the time when thls Trustees, report is approved has
confirmed that:
so far as that trustee 15 aware, there is no relevant audlt Information of whlch the charltable
company's auditor 15 unaware, and
that each trustee has taken all the steps that ought to have been taken as a trustee In order
to be aware of any relevant audit informatlon and to establish that the Charitable company's
auditor is aware of that informatlon.
The Trustees, Report has been prepared In accordance with the 5peclal provlslons of Part 15 of the
Companles Act 2006 relatSng to small companies.
ncial statements have been approved on ..¢S.:.ofi. ....2Q.LS. and slgned on its behalf by:
The fln
Pat,knA
Patrlck Forbes
Chair and Trustee

Sodexo Stop Hunger Foundation
Trustees, Responsibilities Statement for the year ended 31 August 2024
The trustee5 are responsSble for preparlng the Trustees, Annual Report and the flnancial statements
in accordance wlth applicable law and regulatlons.
Company law requires the trustees to prepare financial statements for each financial year. Under
that law they are required to prepare the financial statements in accordance with UK Accounting
standards and applicable law (UK Generally Accepted Accounting Practice), Includlng FRS 102 The
Financial Reporting Standard applicable in the UK and Republic of Ireland.
Under company law the trustees must not approve the financial statements unless they are sat15fied
that they give a true and fair view of the state of affairs of the Charltable company and of the excess
of Income over expendlture for that period. In preparing these financial statements, the trustees are
required to:
select sultable accounting policies and then apply them conslstentlyi
make judgements and estimates that are reasonable and prudent.
state whether appllcable UK Accounting Stsndards have been followed, subject to any
materlal departures disclosed and explalned in the financlal statements.
prepare the financial statements on the going concern basis unless it Is Inappropriate to
presume that the charitable company wlll continue in buslness,
The trustees are responslble for keeplng adequate accounting records that are sufFiclent to show
and explaln the Charitable company's transactions and dlsclose with reasonable accuracy at any
tlme the financial posStlon of the Charitable company and enable them to ensure that the flnanclal
statements comply with the Companles Act 2006. They are responsible for such Internal control as
they determlne Is necessary to enable the preparatlon of financial statements that are free from
materlal mi55tatement, whether due to fraud or error, and have general responsibility for taklng
such steps as are reasonably open to them to safeguard the assets of the Charitable company and
to prevent and detect fraud and other irregularities.

Sodexo Stop Hunger Foundation
Independent Auditor's Report to the Members of
Sodexo Stop Hunger Foundation for the year ended 31 August 2024
Opinion
We have audited the financial statements of Sodexo Stop Hunger Foundation {"The Charltable
company") for the year ended 31 August 2024 which comprise the Statement of Financlal Actlvitles,
the Balance Sheet, the Statement of Cash Flows and the notes to the financlal statements, including
a summary of signlficant accountlng policie5. The financial reportlng framework that has been applied
In their preparatlon is appllcable law and Unlted Klngdom Accounting Standards, Including Financial
Reportlng Standard 102,. The Financial Reporting Standard appllcable In the UK and Republlc of
Ireland (United Klngdom Generally Accepted Accounting Practlce).
In our oplnion, the flnancial statements:
glve a true and falr view of the state of the Charitable company's affairs as at 31 August
2024 and of Its income and expenditure for the year then ended.
have been properly prepared in accordance wlth Unlted Kingdom Generally Accepted
Accountlng Practice.
have been prepared in accordance with the requlrements of the Companles Act 2006.
Basis for opinion
We conducted our audlt In accordance wlth Internatlonal Standards on Audltlng (UK) (ISAS (UK))
and applicable law. Our responsibilities under those standards are fvrther described in the Audltor's
respon5ibillties for the audit of the financial statements section of our report. We are independent of
the Charltable company In accordance with the ethical requirements that are relevant to our audlt
of the financial Statements in the UK, including the FRC'S Ethlcal Standard and we have fulfilled our
other ethlcal responsibilitles in accordance wlth these requirements. We belleve that the audlt
evidence we have obtained is sufficlent and appropriate to provide a basis for our oplnlon.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the Trustees, use of the golng concern
basis of accountlng in the preparation of the flnancial statements 15 approprlate,
Based on the work we have performed, we have not identifled any materlal uncertalntles relatlng
to events or conditions that, individually or collectively, may cast significant doubt on the
charitable company's ability to continue as a going concern for a period of at least twelve month5
from when the financlal statements are authorised for issue.
Our responslbilities and the responsibilltles of the trustees wlth respect to going concern are
described in the relevant sections of this report.
Other information
The trustees are responsible for the other Infomatlon. The other Informatlon comprises the
Information included in the annual report other than the financial statements and our audltor's report
thereon. Our oplnion on the flnancial statements does not cover the other Information and, except
to the extent otherwlse explicitly stated in our report, we do not express any form of assurance
conclusion thereon.
In connectlon with our audlt of the flnanclal statements, our responsibillty is to read the other
information and, In doing so, consider whether the other information is materlally inconsistent with
the financlal statements or our knowledge obtained in the audit or otherwise appears to be materlally
misstated, If we Identify such material inconsistencies or apparent material mlsstatements, we are
required to determine whether there is a material misstatement In the financial statements or a
material misstatement of the other information. If, based on the work we have performed, we
conclude that there 15 a materlal misstatement of this other informatlon, we are required to report
that fact.
We have nothing to report in this regard.
io

Sodexo Stop Hunger Foundation
Independent Auditor's Report to the Members of
Sodexo Stop Hunger Foundation for the year ended 31 August 2024
Opinions on other matters prescribed by the Companies Act 2006
In our oplnion, based on the work undertaken in the course of the audit.,
the informatlon given in the Trustee5' Report (Incorporating the strategic report and the
directors. report) for the flnancial year for whlch the financlal statements are prepared is
consistent wlth the financial statements; and
the Trustees, Report (Incorporatlng the strateglc report and the dlrectors, report) has been
prepared In accordance with appllcable legal requirements.
Matters on which we are required to report by exception
In the Ilght of the knowledge and understandlng of the Charltable company and Its environment
obtained in the course of the audlt, we have not identlfied material misstatements In the Tru5tees'
Annual Report.
We have nothing to report in respect of the following matters In relation to whlch the Companles Act
2006 requlres us to report to you if, in our oplnlon:
adequate accountlng records have not been kept or retums adequate for our audit have not
been recelved from branches not vlslted by us;
the flnanclal statements are not in agreement with the accountlng records and retums.
certaln dlsclosures of trustees. remuneratlon specified by law are not made. or
we have not obtalned all the informatlon and explanations necessary for the purposes of our
audit.
ResponsibllSties of the Trustees for the financial statements
As explained more fully in the Trustees. Responsibilities Statement, the trustees are responslble for
the preparation of the financial statements and for being sat15fied that they glve a true and fair view,
and for such Internal control as they determine Is necessary to enable the preparatlon of financlal
statements that are free from materlal mlsstatement, whether due to fraud or error.
In preparlng the financlal staternents, the trustees are responslble for assesslng the Charltable
company's ability to continue as a going concern, disclosing, as applicable, matters related to goSng
concern and using the golng concern basis of accounting unless the trustees elther Intend to liquidate
the Charitable company or to cease operatlons, or have no realistic alternative but to do so.
Our responsibilities for the audit of the financial statements
Our objective5 are to obtaln reasonable assurance about whetherthe financlal statements as a whole
are free from material mlsstatement, whether due to fraud or error, and to issue an auditor's report
that includes our oplnlon. Reasonable assurance is a high level of assurance, but is not a g uarantee
that an audlt conducted In accordance with ISAS (UK) will always detect a materlal mls5tatement
when it exists. Mlsstatements can arlse from fraud or error and are considered materlal if,
indlvldually or in the aggregate, they could reasonably be expected to Influence the economlc
declsion5 Of users taken on the basls of these financial statements,
A further description of our responsibilities for the audlt of the financlal statements Is located on the
Flnanclal Reporting Council's website at www.frc.org.uk/audltorsresponslbllitles. This descrlptlon
forms part of our auditor's report.
li

Sodexo Stop Hunger Foundation
Independent Auditor's Report to the Members of
Sodexo Stop Hunger Foundation for the year ended 31 August 2024
Extent to which the audit was considered capable of detecting irregularities, includlng
fraud
Irregularities, Includlng fraud, are Instance5 of non-compllance with laws and regulatlons. We design
procedures In Ilne with our responsibilities, outlined above and on the Flnanclal Reporting Councll's
website, to detect material misstatements in respect of Irregularities, includlng fraud.
We obtaln and update our understandlng of the groupi its actlvlties, Its control envlronment, and
Ilkely future developments, including in relation lo the legal and regulatory framework applicable
and how the group is complylng with that framework. Based on this understandlngt we identlfy and
assess the ri5k5 of materlal misstatement of the financial statements, whether due to fraud or error,
design and perform audit procedures responsive to those risk5, and obtaln audit evidence that Is
sufficient and appropriate to provide a basls for our opinion. This includes consideration of the rlsk
of acts by the entlty that were contrary to applicable laws and regulatlons, includlng fraud.
In response to the risk of Irregularities and non-compliance wlth laws and regulatlons, IncludSng
fraud, we deslgned procedures which included:
Enqulry of management and those charged wlth governance around actual and potential
litigatlon and claims as well as actual, suspected and alleged fraud.
Reviewing minutes of meetings of those charged wlth governance;
Assesslng the extent of compliance wlth the laws and regulation5 consldered to have a dlrect
material effect on the financial statements or the operatlons of the company through enquiry
and InspectS0n'
Revlewing financlal statement disclosures and testing to supportlng documentatlon to assess
compllance with applicable laws and regulations.
Performlng audit work over the risk of management bias and overrlde of controls, includlng
testing of journal entries and other adjustments for approprlateness, evaluatlng the buslness
rationale of slgnificant transactions outside the normal course of buslness and reviewing
accounting estimates for indicators of potential bias.
Performlng audit work over the timing and recognition of revenue and whether it has been
recorded in the correct accountlng period.
Because of the Snherent limitations of an audit, there Is a rlsk that we will not detect all Irregularities,
Includlng those leading to a material mlsstatement in the financlal statements or non-compllance
wlth regulation. ThSs rlsk increases the more that compllance with a law or regulatlon 15 removed
from the events and transactlons reflected In the financial statements, as we will be less Ilkely to
become aware of Instances of non-compliance. The risk of not detectlng a material mlsstatement
resultlng from fraud is hlgher than for one resulting from error, as fraud may involve colluslon,
forgery, 5ntentional omisslons, misrepresentations, or the overrlde of Intemal control.
Use of our report
This report Is made solely to the Charitable company's members, as a bodyi in accordance wlth
Chapter 3 of Part 16 of the Companles Act 2006. Our audlt work has been undertaken so that we
might state to the Charitable company's members those matters we are requlred to state to them
In an audltor's report and for no other purpose. To the fullest extent permitted by law, we do not
accept or assume responsibility to anyone other than the Charitable company's members as a bodyi
for our audlt work, for thi5 report, or for the opinions we have formed.
Jessica Lawkehce
2010512025
Jessica Lawrence (Senior Statutory Auditor)
for and on behalf of Azets Audit Services Limited
Chartered Accountants
Statutory Auditor
12 Klng Street
Leeds
LSI 2HL
12

Sodexo Stop Hunger Foundation
statement of Financial Activities for the year ended 31 August 2024
(Including Income and Expenditure Account)
Unrestricted Restricted
funds
funds
2024
2024
Total
funds
2024
Total
funds
2023
Notes
Income from:
Donatlons
Fundralslng actlvitles
Investments
250,480
250,480
778,213
305,006
604,977
778,213
Total income
780 758
250 480 1 031 238
911 189
Expenditure on:
Raising funds
180,513
83,585
264,098
260,593
Charltable activities
477 165
166 895
644 060
573 771
Total ex
enditure
657 678
250 480
908 158
834 364
Net alns on Investments
io
829
829
288
Net movement in funds
123 909
123 909
Reconciliation of funds:
Total fund5 brou
ht forward
327 448
250 335
Total funds carried forward
451 357
451 357
327 448
The Statement of flnanclal activities includes all gains and losses recognlsed in the year.
The statement of financial activities also complies with the requirements for an income and
expendlture account under the Companies Act 2006.
All Income and expendlture derives from continulng activities.
A fLslly detailed Statement of Financial Actlvltles for the year ended 31 August 2023 Is shown at note
17 to the flnanclal statements,
The notes on pages 16 to 25 form part of these financlal statements.
13

Sodexo Stop Hunger Foundation
Balance Sheet as at 31 August 2024
Notes
2024
2023
Fixed assets
Investments
io
4,957
4,128
Current assets
Debtors
li
87,457
8,278
Cash In bank and In hand
672 031
472 236
759,488
480,514
Creditors: Amounts falling due
within one
ear
12
313 088
157 194
Net current assets
446 400
323 320
Net assets
451 357
327 448
Charity funds
Unrestricted funds
Total funds
451 357
327 448
451 357
327 448
The company's financlal statements have been prepared in accordance wlth the provisions applScable
to companles subject to the small companies regime.
The flnancial statements were approved and authorised for 155ue by the trustees on
and signed on their behalf by:
Patrlc
Forbes
Chair and Trustee
The notes on page5 16 to 25 form part of these financlal statements.
Company Registratlon Number: 05410855
14

Sodexo Stop Hunger Foundation
Cash Flow Statement for the year ended 31 August 2024
Notes
2024
2023
Cash flows from operating activlties
Net cash
rovlded b
eratln
activities
15
197 250
197,250
164 797
164,797
Cash flows from investing activities
Investment income
2,545
1,206
Change In cash and cash equivalents in the year
Cash and cash e
ulvalents brou
ht forward
199,795
472 236
166,003
306 233
Cash and cash e
uivalents carried forward
672 031
472 236
15

Sodexo Stop Hunger Foundation
Notes to the Financial Statements for the year ended 31 August 2024
Accounting Policies
The prlnclpal accountlng pollcles adoptedi judgements and key sources of estlmatlon Un￿rtaIntY In
the preparation of the financial statements are as follows:
Charity information
The Charitable company Is a company Ilmited by guarantee and a charlty registered at the Charity
Commisslon In England and Wales, The members of the Charltable company are the trustees named
on page l. In the event of the Charitable company being wound up, the Ilabillty in respect of the
guarantee Is Ilmlted to £nil per member of the Charitable company. The registered office Is One
Southampton Row, London, WCIB SHA. The nature of the charity's operatlons and prlnclpal activities
Is glven in the charity Infonnation and Trustees, Report.
Basls of Preparation of flnancial statements
The financial statements have been prepared on a going concern basis in accordance wlth Accountlng
and Reporting by Charitles: Statement of Recommended Practice applicable to charlties preparing
their accounts in accordance with the Flnancial Reporting Standard appllcable in the UK and Republlc
of Ereland QFRS102) (effectlve l January 2019) ("Charltles SORP (FRS102)"), the Financlal Reportlng
standard applicable in the UK and Ireland (FRS 102), the Companies Act 2006 and the Charities Act
2011.
Sodexo Stop Hunger Foundation meets the definition of a publlc benefit entlty under FRS 102. Assets
and liabllltles are initially recognlsed at historlcal cost or transaction value unless otherwlse stated
In the relevant accountlng policy.
The financial statements are presented In sterling whlch is the functional currency of the charlty.
Monetary amounts on these Financlal Statements are rounded to the nearest £1.
Going concern
The trustees have considered the future income of the Charltable company and Its ablllty to contlnue
as a going concern. The trustees maintaln a policy whereby grant commltments are only made if
there 15 Sufficient cash and unrestricted rese￿eS available to fulfll any grant giving commitments for
at least 12 months, Furthermore, grants are only awarded out of foundation income, rather than the
foundation being In a net deficit posltlon between income and grants awarded. Based on these
pollcles, the foundation would be expected to remain as a golng concern for at least 12 months from
the date of these accounts. The running costs of the foundation are met by a donatlon from Sodexo
Lirnited and are reflected in the restricted funds. Consequently the financial statements have been
prepared on a going concern basis.
Fund accounting
Unrestricted funds are expendable at the dlscretion of the trustee5 In furtherance of the objects of
the charlty. Unrestricted funds earmarked for partlcular purposes by the trustees are deslgnated as
separate funds. The designation has an administrative purpose only, and does not legally restritt
the trustees, d15cretlon to apply the fund.
Restricted funds are funds which are to be used in accordance wlth speclflc restrictions imposed by
donors or whlch have been ralsed by the Charitable company for particular purposes. The costs of
ralslng and administerlng such funds are charged against the specific fund. The alm and use of each
restricted fund Is set out in the notes to the financial statements.
Income
All Income Is recognised once the Charitable company has entitlement to the Income, It Ss probable
that the income wlll be received and the amount of income recelvable can be measured reliably,
Employee time donated by Sodexo Llmited is recognised as being the estlmated cost to Sodexo
Llmlted, and Is included wlthln both income and expendlture In these financial statements.
16

Sodexo Stop Hunger Foundation
Notes to the Financial Statements for the year ended 31 August 2024
Accountlng Policies
Expenditure
Expendlture is charged on an accruals basis, Indusive of Irrecoverable VAT, Charltable activltles
comprlse those costs directly Incurred in pursuance of the Charitable company's charltable activities,
These costs are malnly donations and grants made by the Charitable company. Where costs cannot
be dlrectly attributable to partlcular headings they have been allocated on a basss consistent with
the use of resources.
Fundralsing costs are those Incurred in seeklng voluntary contrlbutions and do not Include the costs
of dlssemlnatlng Information In support of the charitable activities, Governance costs are those
Incurred in connettlon with administratlon of the Charltable company and compliance with
constitutlonal and statutory requlrements.
All grants are recognised in full when committed to. The trustees are responsible for approvin9 the
charity grants, Grants made by the Charitable company are recorded when the commitment Is made
on a pald basls or where an irrevocable commitment to make such payment has been made.
Taxatlon
The Charitable company is considered to pass the tests set out in Paragraph I Schedule 6 of the
Flnance Act 2010 and therefore it meets the deflnitlon of a Charltable company for UK corporatlon
tax purposes. Accordinglyi the Charltable company Is potentially exempt from taxatlon In respect of
Income or capital gains received within categorles covered by Chapter 3 Part I l of the Corporatlon
Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such
Income or gains are applled exclusively to charitable purposes.
Flnancial instruments
The Charitable company has elected to apply the provlsions of Sectlon 11 'Basic Flnanclal
Instruments, and Sectlon 12 '0ther Financlal Instruments Issues, of FRS 102 to all of its flnanclal
instruments.
Cash at bank and in hand
Cash at bank and In hand includes cash and short term highly liquid Investments wlth a short
maturlty of three months or less from the date of acquisition or opening of the deposlt or slmllar
account.
Debtors
Trade and other debtor5 are recognlsed at the settlement amount due after any trade dlscount
offered. Prepayments are valued at the amount prepaid.
Flnanclal assets, other than those held at falr value through proflt and loss, are assessed for
indlcators of Impairment at each reporting end date.
Flnanclal assets are impaSred where there Is objectlve evidence that, as a result of one or more
events that occurred after the initial recognition of the financial asset, the estimated future cash
flows have been affected. The Impairment loss is recognised in the Income and expendlture account,
Creditors, loans and provisions
Creditors, loans and provlslons are recognised where the charity has a present obllgatlon resulting
from a past event that will probably result in the transfer of funds to a third party and the amount
due to settle the obligatlon can be measured or estimated reliably. Creditors, loans and provisions
are normally recognlsed at their settlement amount after allowing for any trade discounts due.
Financial Ilabilltles are only derecognlsed when, and only when, the charity's obligatlons are
dlscharged, cancelled, or they expire.
Amounts recognlsed as provisions are best estimates of the consideration requlred to settle the
present obllgation at the reportlng end date, taklng into account the risks and uncertainties
surroundlng the obligatlon.
17

Sodexo Stop Hunger Foundation
Notes to the Financial Statements for the year ended 31 August 2024
Critlcal accounting estlmates and judgements
In the appllcatlon of the charity's accounting policies, the trustees are required to make judgements,
estimates and assumptions about the carrylng amount of asset5 and IlabS1itles that are not readlly
apparent from other sources. The estimates and associated assumptions are based on historical
experience and other factors that are considered to be relevant, Actual results may differ from these
estimates.
The estimates and underlying assumptions are revlewed on an ongoing basls. Revlsions to
accountlng estlmates are recognlsed in the perlod In which the estimate Is revlsed, if the revislon
affects only that perlod, or in the period of the revision and future periods if the revision affects both
current and future periods.
The estlmates and assumptlons which have a significant risk of causlng a material adjustment to the
carrylng amount of assets and liabilities are outlined below:
Income from, and cost of time donated by Sodexo UK employees
Donated employee time as seen in note 2 has been calculated based on the salary per day of each
employee who donated tlme from Sodexo UK, multiplied by the number of days spent worklng for
the charity. As seen in notes 5 and 6, the cost of thls time is recogni5ed according to whether the
employee has been uslng the time for fundralslng or towards the charltable activities. As all tlme Is
expended upon 'donation', income and cost of time donated have a nil effect on the net movement
In funds. As Sodexo UK donate this time to fulfil the charity's needs, It has been reco9nlsed In
restrlcted fLbnds.
Trustees conslder that there are no other crltical estimates and assumptions whlch have a slgnificant
risk of causlng a material adjustment to the carrying amount of assets and Ilabilities within the
financlal statements.
18

Sodexo Stop Hunger Foundation
Notes to the Financial Statements for the year ended 31 August 2024
Income from donations
Unrestrlcted
funds
2024
Restricted
funds
2024
Total
2024
Income from Sodexo Umlted
Donated emplo
ee time
250 480
250 480
250,480
250,480
Unrestricted
funds
2023
Restricted
funds
2023
Total
2023
Foundation Dinner donations
Income from Sodexo Limited
Donated em
ee tlme
108,429
108,429
196 577
196 577
196,577
305,006
108 429
Income from fundraising activities
Total
2024
Total
2023
Income raised by Sodexo employees:
Foundatlon Dlnner
Sodexo UK employee lottery
other
247,795
151,867
378 551
778 213
170,307
132,751
301 919
604 977
All income fundraising actlvlties are unrestrlcted in both the current and previous financlal year.
Investment income
Total
2024
Total
2023
Bank interest received
All investment Income in both years is unrestrlcted.
Costs of raising funds
Unrestricted
funds
2024
Restricted
funds
2024
Total
2024
Golf day
Dinner costs
Sodexo UK employee lottery
Cost of time donated by Sodexo UK of
employees for fundralslng actlvities
Other
46,109
108,110
46,109
108,110
83,585
83,585
180 513
264 098
19

Sodexo Stop Hunger Foundation
Notes to the Financial Statements for the year ended 31 August 2024
Costs of raising funds (continued)
Unrestricted
funds
2023
Restricted
funds
2023
Total
2023
Golf day
Dinner costs
Sodexo UK employee lottery
C05t of tlme donated by Sodexo UK of
employees for fundraising activities
Other
1,253
54,487
104,558
1,253
54,487
104,558
81,947
81,947
178,646
260 593
Charitable actlvlties
Unrestricted
funds
2024
Restricted
funds
2024
Total
2024
Note
Dlrect costs
Grants
Cost of tlme donated by Sodexo UK of
em
lo
ees for volunteerin
oses
464,108
464,108
166 895
166,895
166 895
631,003
464,108
Support costs
Bank charges
Bad debt provlslon
Professlonal fees
2,071
(7,800)
2,071
(7,800)
477,165
166,895
644 060
Unrestricted
funds
2023
Restricted
funds
2023
Total
2023
Note
Direct costs
Grants
Cost of time donated by Sodexo UK of
em
lo
ees for volunteerin
ur
oses
443,733
443,733
114 630
114,630
114 630
558,363
443,733
Support costs
Bank charges
Bad debt provision
Professional fees
78
(1,800)
78
(1,800)
459,141
114,630
573 771
20

Sodexo Stop Hunger Foundation
Notes to the Financial Statements for the year ended 31 August 2024
Analysis of grants
2024
2023
Grants to Institutions
Fareshare
120,000
120,000
Chapter One
Trussell Trust
80,380
50,000
50,000
40,000
35,000
25,000
16,950
15,000
10,000
10,000
9,860
1,424
494
55,000
25,000
53,500
Oasis UK
SSAFA Forces Help
3 Pillars
Enactus
25,000
9,832
22,000
10,000
Swltch
Made In Hackney
The Bread and Butter Thlng
Everton Grant
Abernecessetles
World food program
Lust for Llfe
25,715
36,000
11,000
11,000
11,000
10,000
10,000
CoFarm
Alexander Rose Charlty
The Porch
Volces In Exlle
Edinburgh Food Sotlal
Black Heart Foundatlon
Focus Ireland
7,686
NewBlgln Trust
1,000
464,108
443,733
The grants pald to the institutions Ilsted above, have all been made wlth the purpose of deliverlng
the charitable objectlves of Sodexo Stop Hunger Foundatlon.
21

Sodexo Stop Hunger Foundation
Notes to the Financial Statements for the year ended 31 August 2024
Auditor's remuneration
The analysis of auditor's remuneration Is as follows (excluding VAT):
Total
2024
Total
2023
Audit of flnancial statements
All other non-audit services
13,850
12,845
Staff number and costs
The trustees recelved no emoluments for their servlces, nor were they reimbursed for any expenses
in the period.
The total number of staff working on Sodexo Stop Hunger Foundation was 26 (2023 - 26). staff are
not pald by Sodexo Stop Hunger Foundation and an estimate of the value of this time is included as
a donation from Sodexo Services Limlted in note 2 and wlthln fundraising costs in note 5. In addltlon
3,658 (2023 - 1,879) Sodexo staff volunteered at charities such as Fareshare and Trussell Trust
durlng the year. Thelr contribution has been recognised as a donatlon from Sodexo within note 6.
10. Fixed asset investments
UK listed
securities
Market Value
At I September 2023
Galns on revaluatlon
At31Au
ust 2024
4,128
829
Shares held In:
2024
2023
ITV PIC
Com
ass Grou
159
142
PLC
The hlstorlcal c05t of the Investments Ss £681 (2023 - £681).
ii.
Debtors
2024
2023
Trade debtors
49,600
3,556
Prepayments and accrued income
22

Sodexo Stop Hunger Foundation
Notes to the Financial Statements for the year ended 31 August 2024
12.
Creditors: amounts falling due wlthin one year
2023
Restated
2024
Accruals for grants payable
Accruals (excludlng grants payable)
266,860
80,715
313 088
157 194
The spllt between accruals for grants and other accruals for 2023 has been restated to better reflect
the nature of the balance. Total creditors remalns unchanged.
13. Statement of funds
For the year ended
31 August 2024
Balance at
I September
2023
Balance at
31 August
2024
Income Expendlture
Gains
Unrestricted funds
Restrirted funds..
Donated employee tlme
admlnistration and
trustees
Donated employee tlme
charlty partner
volunteers
Total restricted funds
Total funds
327 448
780 758
657 678
829
451 357
83,585
(83,585)
166 895
250 480
1 031 238
166 895
250 480
908 158
327 448
829
451 357
For the year ended
31 August 2023
Balance at
I September
2022
Balance at
31 August
2023
Income Expenditure
Gains
Unrestricted funds
Restricted funds..
Donated employee tlrne
admlnistration and
trustees
Donated employee tlme
charlty partner
volunteers
Total restricted funds
Total funds
250 335
714 612
637 787
288
327 448
81,947
(81,947)
114 630
196,577
911 189
114 630
196 577
834 364
250 335
288
327 448
23

Sodexo Stop Hunger Foundation
Notes to the Financial Statements for the year ended 31 August 2024
13. Statement of funds (continued)
Purpose of restrlcted funds
Donation from Sodexo Limited for administration
The cost of time of Sodexo UK employees is the cost of the tlme spent on the accountlng and
administration Services and preparation of accounts for Sodexo Stop Hunger Foundation as well as
the tlme of the Sodexo Stop Hunger Foundation trustees who are also employees of Sodexo UK,
Cost of time of Sodexo UK employees ~ Volunteers
In addltlon to raising funds to support Its operations, Sodexo UK employees have volunteered their
tlme durlng working hours to work at Fareshare's depots, providing much needed additional
resources, and to support large ad hoc Fareshare events.
14.
Analysis of net assets between funds
Unrestricted
funds
Restricted
funds
Total
funds
Asat31Au
ust 2024
Fixed asset investments
Current assets
Creditors due withirtr one
4,957
759,488
313 088
451,357
4,957
759,488
313 088
451,357
ear
Unrestricted
funds
Restrlcted
funds
Total
funds
Asat31Au
ust 2023
Fixed asset Investments
Current assets
Creditors due wlthln one
4,128
480,514
157 194
327,448
4,128
480,514
157 194
327,448
ear
15.
Reconciliation of net movement in funds to net cash flow from operating activities
2024
2023
Net Income for the year
123,909
77,113
Adjustment for:
Gains on investments
Income from Investments
(Increase)/decrease In debtors
Increase in credltors
(829)
(2,545)
(79,179)
155,894
(288)
(1,206)
62,365
26,813
Net cash
rovided b
eratin
activities
197 250
164 797
The charlty had no debt during the year current or previous financlal year.
16.
Related party transactions
Durlng the year £250,480 (2023 - £196,577) was donated to restricted funds relating to the running
costs of the Foundatlon. Sodexo Limited is the trading company which holds the employees who
raise funds for the Sodexo Stop Hunger Foundatlon. The amount donated from Sodexo Llmlted for
employee tlme also includes £16,959 (2023 - £16,626) in relation to trLJStee time specifically.
At the year end the debt owed by Sodexo Llmlted was £nil (2023 - £nil).
24

Sodexo Stop Hunger Foundation
Notes to the Financial Statements for the year ended 31 August 2024
17.
Comparative Statement of Financial Activities (Including Income and Expenditure
Account) for the year ended 31 August 2023
Unrestricted
funds
2023
Restricted
funds
2023
Total
funds
2023
Income from:
Donatlons
Fundralslng activities
Investments
108,429
604,977
196,577
305,006
604,977
Total income
714 612
196 577
911 189
Expenditure on:
Ralslng funds
178,646
81,947
260,593
Charitable actlvltles
459 141
114 630
573 771
Total ex
enditure
637 787
196 577
834 364
Net alns on investments
288
288
Net movement in funds
Reconciliation of funds:
Total funds brou
ht forward
250 335
250 335
Total funds carried fonvard
327 448
327 44B
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