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2022-03-31-accounts

Company registration number: 05418543 Charity registration number: 1111235

ANNUAL REPORTS AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022

1

CONTENTS
Charity Information 3
Report of Trustees 7
Independent Examiner’s Report 16
Statement of Financial Activities 17
Balance Sheet 18
Notes to the Accounts 19

2

Charity information
Company registration number: 05418543
Charity registration number: 1111235
Address: Evelyn House
Mickleham Way
New Addington
Croydon
CR0 0PN
Directors and Charity Trustees: Carole Short (Chair)
Folake Segun (Vice Chair)
Christopher Mills
Anita Jolly
Alexandra Kent
Accountants: Tax Return Adviser Ltd
Nower End, Nower Road
Dorking, Surrey RH4 3BX
Bankers: Lloyds Bank
125 Balham High Street
Balham
SW12 9AT

GOOD FOOD MATTERS ARE A LONDON LIVING WAGE EMPLOYER

3

Structure Governance and Management

Good Food Matters is a charitable company limited by guarantee, governed by the Memorandum and Articles, incorporated on 8 April 2005 and registered as Good Food Matters under registration number 1111235 and company number 05418543.

Liability of Members

The charitable company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up members are required to contribute an amount not exceeding £1. Trustees are directors for the purposes of the Companies Act and Trustees for the purposes of the Charities Act. They are also the members.

Appointment of Directors (who are also Trustees)

Under the requirements of the Memorandum and Articles of Association members of the Trustee Board are elected to serve from their appointment until the next AGM. At each annual general meeting one‐third of the Directors or the nearest multiple of three must retire from office. They can offer themselves for re‐election at the next Annual General Meeting.

The Memorandum & Articles of Association allow continuing trustees to appoint additional trustees.

Trustee Recruitment, Induction and Training

Good Food Matters (GFM) have an open recruitment process.

Those who apply are asked to complete an application form. Once received, the Chair will have an informal chat then invite them to meet some of the Board and the CEO to access suitability. If agreed they will then be appointed to the Board

4

subject to references and checks according to our Memorandum and Articles of Association.

Candidates are asked to consider and declare any existing or potential conflicts of interest (including with related parties). As GFM works with children, young people, and vulnerable people a DBS (Disclosure and Barring) check will be required for those who come in contact with these groups. In the light of the checks and declarations being satisfactory, the proposed Trustees will go forward for appointment.

All relevant parties such as funders, the charity's accountants are notified of the new appointments. There is no formal training programme for newly appointed trustees.

Board Meetings

The Board has a quarterly meeting format with additional meetings where necessary. Further support to the management team is provided in writing and through meetings with the Chair.

The challenge for the staff and Board is to keep the Centre up and running in accordance with GFM's aims and objectives. Our priority in the New Year will be to develop a strategy and business plan to ensure sustainability.

Responsibilities of the Board

The Trustees (who are also the Directors) are responsible for preparing the Trustees' Annual Report and the Financial Statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the Trustees to prepare financial statements for each financial year. Under company law the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period.

5

In preparing these financial statements, the trustees are required to:

The Trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006.

They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the Trustees are aware:

6

Objectives

Our charitable objects are to:

Good Food For All

Our mission is simple – provide the space, knowledge, and support to help our community grow, cook and . enjoy nutritious food

7

CHAIRS REPORT

I cannot thank the staff and volunteers enough who have supported Good Food Matters during the past year.

Amanda has faced some difficult situations with funding during the past few months and without her sheer determination the organisation would have been in great difficulty. I want to record my thanks to her for her loyalty and amazing ability to resolve difficult issues. She continues to lead the team steering a course through troubled waters whilst delivering the Young Londoners schools outreach program and very ably supported by Angela our Community Kitchen Manager who keeps connected with all our volunteers and learners , whilst managing the complex ESF program and Ernesto who as always works exceptionally hard in the garden keeping everything growing and managing the site. We could not do it without our amazing volunteers such as Colin who manages the corporate events and Donna who supports the summer programs and many more!

Somehow the charity, with its supporters, managed to keep turning, and we are proud that they served the local community, responding to need swiftly and with compassion. It has highlighted what a great asset Good Food Matters is to the local community and indeed the whole borough in these times of extreme need. We look ahead to the coming year recognising that times continue to be very challenging locally with the impact of Croydon Council's financial pressures but also nationally as we all compete for funding to keep going.

Thanks also to my fellow trustees, for their continued support.

CAROLE SHORT, CHAIR

8

DIRECTORS REPORT Hello again,

I feel proud this year that we survived as many charities sadly did not. The repercussions of COVID, recession and other major changes continue to impact the economy and the third sector and here in New Addington survival matters.

I am so grateful for my amazing staff team Angela and Ernesto who we couldn’t do with out and the core volunteers and trustees who make running the charity though a challenge such a privilege. Colin as always is amazing as our liaison for Corporate Volunteering and has developed some amazing connections which is demonstrated in our repeat bookings. This generates both unrestricted funds and much needed support on site managing the grounds. This is an area we are keen to develop more in the future.

Our MENSHED this year received funding through the CCG and we were able to recruit a new member to the team, albeit 1 day per week but we welcomed Ben Elliott Asur into the Good Food Matters core staff team and he brings much wisdom and is very strong in his community outreach work.

The local organisations in New Addington work so well together. In a hyper competitive 3rd sector New Addington is an Oasis of harmony where we just all get on with it but can pick up the phone to share or ask for help agilely responding to local need.

Croydon's continuing financial challenges, we continue to look out of borough for funding, support and partnership working across our themes of work

HEALTH WELLBEING ENVIROMENT COMMUNITY

Amanda McGrath – GOOD FOOD MATTERS

9

Activities, Achievements and Performance

ESF

We ran 6 FIELD TO FORK ESF community cooking and gardening COURSES This was one of our most challenging contracts to deliver because of the impact of COVID and challenges around onerous evidence criteria.

MENSHED

The CCG awarded us continuation funding for our MH work as the only MENSHED in Croydon, offering weekly sessions in the community and a safe space for me to meet, be active and enjoy outside space and a warm meal and conversation.

Young Londoners Program

This program continues to develop positively for the young people involved after a very slow start. We worked in three schools and one home education area plus running school holiday provision also – reaching over 115 Croydon children offering diversionary nature based, food growing and nature‐based activities.

HAF

We have run FREE targeted summer camps at GFM since 2016 this year we ran at Easter, summer and Christmas with a October half term fun day also.

Community food growing – sponsored by Croydon Rotary Jubilee

10

SHARED COMMUNITY RESOURCE

Our amazing partners also utilise our amazing centre ensuring maximum usage of the building and grounds these include:‐

11

Corporate Volunteering

COMMUNITY PARTNERS

We continue to work closely at a micro level in New Addington with the Family centre, play place, Salvation Army, NARA, Centre for Change and of course Pathfinders but more broadly pan Croydon and further with CVA, BME Forum, Croydon Diabetes, Knowledge and Practice, ASBO media, BlueTouch consultancy

FUNDERS

12

CORPORATE PARTNERS AND DONORS

A huge thank you to all that help support us in 2021 to 2022

Lexis Nexis Business Volunteers Frontiers Discovery Trinity school Accenture

VOLUNTEER HOURS

‐ 450 CORPORATE HOURS

‐ 1600 COMMUNITY VOLS

13

RISK AND MANAGEMENT

The Board monitors risk regularly to ensure that action is taken or systems are in place to manage identified areas of risk. GFM continues to review its procedures and policies to ensure that they are consistent with best practices.

The charity focuses on the following major areas of risk:

Future Funding: financial sustainability is the most significant risk and much management and trustee time is devoted to developing a pipeline of future funding.

Financial Control: Management are asked to produce regular and detailed financial statements.

Fire Risk: We have a fire alarm system, a fire system contact in place to check alarms and extinguishers bi‐annually in line with guidance and a Fire Risk Assessment that's reviewed annually or sooner as required.

Health and Safety: The premises have the required standard of level of hygiene needed to sustain the current usage of the premises. Health and Safety is on each Board agenda to ensure that all aspects are considered (including work in the garden and with machinery). Our Health and Safety policy including COSHH is reviewed annually.

Disclosure and Barring Checks: volunteers, staff and those trustees who are in contact with service users are subject to periodic enhanced DBS checks.

Staff and Volunteer Training: All staff and volunteers are properly trained, and a new appraisal system is in place. Staff are all first aid and MH first aid trained. New polices for Modern Slavery and Menopause were approved by the board.

14

Safeguarding: Proper procedures and controls are in place to be able to identify and action instances of alleged or suspected abuse that comes to the attention of Good Food Matters. A key element of the procedures of the on‐going annual training of all Trustees, Staff, and Volunteers in the Safeguarding and Protection of Young People.

COVID safety is a priority and Good Food Matters manage a Covid safe working practice partly due to our strong food hygiene and outdoor hygiene management.

Reserves The reserves policy is reviewed regularly by the Board of Trustees. The fixed assets are written off over the period of the Lease, over 10 years on the land at Mickleham Way.

Financial Review The financial statements have been presented in a format to comply with both company and charity law. The income for the year ended 31 March 2022 was £76,475 compared to the previous year of £76,490. Total expenditure after depreciation of fixed assets was £128,436 (2021: £121,603) leaving a deficit of £51,960 (2020: (£45,113)).

Declaration

The Directors (who are also Trustees) declare that they have approved the Trustees' report above.

Signed on behalf of the charity’s Directors and Trustees

Name: CAROLE SHORT Position: CHAIR Date:

FOLAKE SEGUN VICE CHAIR

15

Independent examiner's report on the accounts

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 March 2022.

Responsibilities and basis of report

As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that in, any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report to enable a proper understanding of the accounts to be reached.

Signed: S H Freedman Date:

Simone H Freedman Chartered Tax Adviser Tax Return Adviser Limited Nower End, Nower Road, Dorking, Surrey RH4 3BX

16

Statement of Financial Activities

Statement of Financial Activities
Incoming resources (Note 2)
Income and endowments from:
Donations and legacies
Grants
Fee income
Other income
Resources expended (Note 3)
Expenditure on:
Charitable activities
Reconciliation of funds:
Total
Net movement in funds
Total funds brought forw ard
Total funds carried forward
Total
Net income/(expenditure) before
investment gains/(losses)
Net income/(expenditure)		 Unrestricted
funds
Restricted
income
funds
£
£
2,021
-
-
43,756
-
-
30,699
-
32,720
43,756
56,528
71,908
56,528
71,908
23,808
-
28,152
-
23,808
-
28,152
-
23,808
-
28,152
-
22,848
-
109,628
46,656
-
81,476		 Total funds
£
2,021
43,756
-
30,699
76,475
128,436		 Prior year
funds
£
3,141
42,760
-
30,589
76,490
121,603
128,436 121,603
51,960
-
51,960
-
51,960
-
86,780
34,820		 45,113
-
45,113
-
45,113
-
131,893
86,780

The net outgoing resources for the year arise from the Company's continuing operation.

No separate Statement of Total Recognised Gains and Losses has been presented as all such gains and losses have been dealt with in the Statement of Financial Activities.

Movements in funds are disclosed in Note 8 to the Financial Statements.

17

Balance Sheet on 31 March 2021

Fixed assets
Tangible assets (Note 6)
Current assets
Cash at bank and in hand
Creditors: amounts falling due
within one year (Note 7)
Net current assets/(liabilities)
Total assets less current liabilities
Total net assets or liabilities
Funds of the Charity
Restricted income funds (Note 2)
Unrestricted funds
Total funds		 Unrestricted
funds
£
58,565
Restricted
income
funds
£
-
-
-
-
-
81,476

81,476		 Total this
year
Total last
year
£
£
58,565
115,093
-
-
23,746
28,313
-23,746
-28,313
34,820
86,780
34,820
86,780
81,476
109,628
- 46,656
- 22,848
34,820
86,780
23,746
-23,746
34,820
34,820
- 46,656
- 46,656

18

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

1. ACCOUNTING POLICIES

1.1 BASIS OF PREPARATION OF ACCOUNTS

The financial statements are prepared under the historical cost convention and in accordance with Accounting and Reporting by Charities, Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard for Smaller Entities (FRSSE) (effective January 2015) and with the requirements of the Charities act 2011 and the Companies Act 2006.

1.2 FUND ACCOUNTING

Unrestricted Funds are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity.

Restricted Funds are subject to restrictions on their expenditure imposed by the donor or through the terms of a grant.

1.3 INCOME

Income is recognised in the Statement of Financial Activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to categories of income. Voluntary Income by way of donations and grants are included in the statement of financial activities on a receivable basis when evidence exists to confirm the certainty of receipt.

1.4 EXPENDITURE

Expenditure is included on an accruals basis and includes VAT because the charity is not registered for VAT. It also includes depreciation on the tangible assets of the charity. Resources expended are recognised in the period in which they are incurred. They are allocated to the activity where the costs relate directly to that activity. Governance costs comprise costs involving the public accountability of the charity and its compliance with regulation and good practice. These costs include costs related to statutory audit and legal fees.

19

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 (Cont’d)

1.6 TANGIBLE FIXED ASSETS

All fixed assets are depreciated over the 10‐year lease of the land on a straight‐ line basis. The rate of depreciation is calculated to write off the cost less estimated residual value of each asset over its expected useful life.

1.7 TRANSFERS BETWEEN FUNDS

Trustees have the authority to transfer amounts out of the unrestricted fund into the restricted fund when required.

1.8 RESERVES

The charity's accounting policy is to develop an operating surplus to maintain three months running costs in unrestricted reserves.

20

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 (Cont’d)

2. Analysis of income

Donations:
Grants:
TOTAL
Other
trading
activities:
Income from
investments:
Separate
material item
of income:		 Unrestricted
funds
Restricted
income
funds
Total funds
Prior year
£
£
Donations
2,021-
2,021 3,141
Total 2,021 -
2,021 3,141
Croydon Council
- 43,756
43,756 42,760
London learning consortium
2,706 -
2,706 5,898
Other
2,000 -
2,000 1,000
NHS South West London
10,000 -
10,000 1,783
Total 14,706 43,756
58,461 51,441
Analysis		 Unrestricted
funds
Restricted
income
funds
Total funds
Prior year
£
£
Donations
2,021-
2,021 3,141
Total 2,021 -
2,021 3,141
Croydon Council
- 43,756
43,756 42,760
London learning consortium
2,706 -
2,706 5,898
Other
2,000 -
2,000 1,000
NHS South West London
10,000 -
10,000 1,783
Total 14,706 43,756
58,461 51,441
Analysis		 Unrestricted
funds
Restricted
income
funds
Total funds
Prior year
£
£
Donations
2,021-
2,021 3,141
Total 2,021 -
2,021 3,141
Croydon Council
- 43,756
43,756 42,760
London learning consortium
2,706 -
2,706 5,898
Other
2,000 -
2,000 1,000
NHS South West London
10,000 -
10,000 1,783
Total 14,706 43,756
58,461 51,441
Analysis		 Unrestricted
funds
Restricted
income
funds
Total funds
Prior year
£
£
Donations
2,021-
2,021 3,141
Total 2,021 -
2,021 3,141
Croydon Council
- 43,756
43,756 42,760
London learning consortium
2,706 -
2,706 5,898
Other
2,000 -
2,000 1,000
NHS South West London
10,000 -
10,000 1,783
Total 14,706 43,756
58,461 51,441
Analysis		 Unrestricted
funds
Restricted
income
funds
Total funds
Prior year
£
£
Donations
2,021-
2,021 3,141
Total 2,021 -
2,021 3,141
Croydon Council
- 43,756
43,756 42,760
London learning consortium
2,706 -
2,706 5,898
Other
2,000 -
2,000 1,000
NHS South West London
10,000 -
10,000 1,783
Total 14,706 43,756
58,461 51,441
Analysis		 Unrestricted
funds
Restricted
income
funds
Total funds
Prior year
£
£
Donations
2,021-
2,021 3,141
Total 2,021 -
2,021 3,141
Croydon Council
- 43,756
43,756 42,760
London learning consortium
2,706 -
2,706 5,898
Other
2,000 -
2,000 1,000
NHS South West London
10,000 -
10,000 1,783
Total 14,706 43,756
58,461 51,441
Analysis
- - - - -
- - - - -
- - - - -
Other - - - - -
Total - - - - -
Interest income - - - - -
Dividend income - - - - -
Rental and leasing income 1,997 - - 1,997 4,133
Other 13,996 - - 13,996 17,775
Total 15,993 - - 15,993 21,908
- - - - -
- - - - -
- - - - -
- - - - -
Total - - - - -
Conversion of endowment funds into
income
 - - - - -
Gain on disposal of a tangible fixed asset
held for charity's own use		 - - - - -
Gain on disposal of a programme related
investment		 - - - - -
Royalties from the exploitation of intellectual
property rights		 - - - - -
Other - - - - -
Total - - - - -
32,720 43,756 - 76,475 76,490

21

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 (Cont’d)

3. Analysis of expenditure

Restricted
Unrestricted income
funds funds Total funds Prior year
Analysis £ £
Expenditure on Building - other project costs - - - -
charitable Grants made - - - -
activities Volunteer expenses - - - -
Insurance - 2,901 2,901 2,130
Staff costs - 49,140 49,140 45,032
Administration salary - - - -
Tutor fees/sessional worker - 2,933 2,933 2,584
Bank charges - 1,169 1,169 1,515
Sundry - - - 109
Depreciation 56,528 - 56,528 56,528
Light & heat - 3,861 3,861 2,965
Water rates - 1,027 1,027 -
Telephone - 2,176 2,176 2,201
Cleaning - 1,203 1,203 153
Repairs and renewals - 1,854 1,854 1,088
Grocery costs - 828 828 2,855
Kitchen repairs and renewals - - - 229
Garden repairs and renewals - - - 570
IT, software and maintenance - 229 229 160
Stationery - - - 362
Pensions - 2,036 2,036 2,117
Professional fees - 797 797 658
Travel - 1,754 1,754 347
Total expenditure on raising funds 56,528 71,908 128,436 121,603

4. Governance costs

Independent examiner’s fees

This year Last year
£ £
636 618

5. Staff costs

This year This year Last year
£ £
Salaries and wages 49,140 45,032
Pension costs (defined contribution scheme) 2,036 2,117

Total staff costs		 51,175 47,149

22

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 (Cont’d)

The monthly average number of employees during the year was 3 (2021: 3). No employee received remuneration amounting to more than £60,000 in either year.

No Trustee received any remuneration during the year (2021: Nil) and no Trustee received reimbursed expenses (2021: Nil).

6. Tangible fixed assets

6.1 Cost or valuation

6.1 Cost or valuation
Leasehold Ground Greenhouses Kitchen
Furniture		 Equipment Total
premises improvement fixtures and
costs fittings
£ £ £ £
£		 £ £
At the beginning of
 408,485 87,416 31,952 24,820 3,000 9,606 565,279
the year
Additions
 - - - - - - -
Revaluations
 - - - - - - -
Disposals
 - - - - - - -
At end of the year
 408,485 87,416 31,952 24,820 3,000 9,606 565,279
6.2 Depreciation and impairments
Basis SL SL SL SL
SL		 SL
Rate 10% 10% 10% 10%
10%		 10%
At beginning of the
 326,788 68,679 25,560 19,487 2,400 7,272 450,186
year
Disposals
 - - - - - - -
Depreciation
 40,849 8,742 3,195 2,482 300 960 56,528
Impairment
 - - - - - - -
At end of the year
 367,637 77,421 28,755 21,969 2,700 8,232 506,714
6.3 Net book value
Net book value at the
 81,697 18,737 6,392 5,333 600 2,334 115,093
beginning of the year
Net book value at the
 40,848 9,995 3,197 2,851 300 1,374 58,565
end of the year

23

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 (Cont’d)

7. Creditors and accruals

This year
Last year
£
£
Accruals for grants payable
20,153 25,044
Bank loans and overdrafts
- -
Trade creditors
2,956
2,754
Payments received on account for contracts or
performance-related grants
- -
Accruals and deferred income
636 515
Taxation and social security
- -
Other creditors
- -
Total 23,746 28,313
Amounts falling due
within one year
Fund
balances
brought
forward
Income
Expenditure
Transfers
Gains and
losses
Fund
balances
carried
forward
£
£
£
£
£
£
Restricted funds
90,682 43,756 - 71,908 - - 62,530
Unrestricted funds
3,902 32,720-56,528- - -19,906
Total Funds
94,584 76,475 - 128,436 - - 42,624
Fund names
8. Movement in funds		 This year
Last year
£
£
Accruals for grants payable
20,153 25,044
Bank loans and overdrafts
- -
Trade creditors
2,956
2,754
Payments received on account for contracts or
performance-related grants
- -
Accruals and deferred income
636 515
Taxation and social security
- -
Other creditors
- -
Total 23,746 28,313
Amounts falling due
within one year
Fund
balances
brought
forward
Income
Expenditure
Transfers
Gains and
losses
Fund
balances
carried
forward
£
£
£
£
£
£
Restricted funds
90,682 43,756 - 71,908 - - 62,530
Unrestricted funds
3,902 32,720-56,528- - -19,906
Total Funds
94,584 76,475 - 128,436 - - 42,624
Fund names
8. Movement in funds		 This year
Last year
£
£
Accruals for grants payable
20,153 25,044
Bank loans and overdrafts
- -
Trade creditors
2,956
2,754
Payments received on account for contracts or
performance-related grants
- -
Accruals and deferred income
636 515
Taxation and social security
- -
Other creditors
- -
Total 23,746 28,313
Amounts falling due
within one year
Fund
balances
brought
forward
Income
Expenditure
Transfers
Gains and
losses
Fund
balances
carried
forward
£
£
£
£
£
£
Restricted funds
90,682 43,756 - 71,908 - - 62,530
Unrestricted funds
3,902 32,720-56,528- - -19,906
Total Funds
94,584 76,475 - 128,436 - - 42,624
Fund names
8. Movement in funds
94,584 76,475 - 128,436 - - 42,624

9. Taxation

Good Food Matters is a registered charity and as such its income and gains falling within Sections 471 to 489 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992 are exempt from corporation tax to the extent that they are applied to its chargeable objectives.

24

GOOD FOOD MATTERS 25