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← Gloucester Foodbank

2025-03-31-accounts

Gloucester Foodbank Togèther with Trussell Gloucester Foodbank Report and Accounts year ended 31 March 2025 Doc ID.. c3abfe50b239b957598dbda15bda798dfc958da1

REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

CONTENTS
Company Information 3
Directors' and Trustees Report 4 - 29
Independent Examiner's Report 30
Statement of Financial Activities 31
Balance Sheet 32
Cash Flow Statement 33
Notes to the Accounts 34 - 44
Detailed Statement of Financial Activities
with Comparatives 45

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REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

Reference and Administrative Information

Directors/Trustee

s Adrian Slade Chair Paul Mallett Treasurer Lorraine Best resigned 29 March 2025 Stephen Cresswell resigned 31 Dec 2024 Christine Dale James Holliday Philip Rodford died 12th June 2024 Stephen Taylor Richard Evans appointed 8th April 2024 Jamie Whitelock appointed 5th June 2024 Emma Bell appointed 30th June 2025 Key staff Anneliese Sterry (Project Manager) Governing Document Memorandum and Articles of Association 23rd March 2005 Company Registration Number 05402066 Charity Registration Number 1113515 Registered Office The George Whitefield Centre 107 Great Western Road Gloucester GL1 3NF Independent Examiner Kate Adderley CA Third Sector Accountancy Ltd Holyoake House, Hanover Street Manchester M60 0AS Bankers Barclays Kingdom Bank Redwood Bank United Trust Bank Cambridge & Counties Bank

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REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

1. Introduction

The trustees, who are also directors for the purpose of company law, take pleasure to present their report together with the unaudited nancial statements of the charity for the year ending 31 March 2025. These will demonstrate the charity’s achievements, performance and impact, together with its nancial performance and nancial posion.

The nancial statements are presented in sterling which is the funconal currency of the charity and rounded to the nearest £ sterling.

This report, which includes the Directors’ Report, as required by company law, also serves as the Trustees’ Annual Report for the purposes of charity law and has been prepared in accordance with the Statement of Recommended Pracce: Accounng and Reporng by Charies, preparing their accounts in accordance with the Financial Reporng Standards appliable the UK & Republic of Ireland (FRS 102), eecve January 2019 and the Companies Act 2006.

The trustees/directors and staof Gloucester Foodbank wish to express their deep appreciaon for the contribuon made by our volunteers, staand donors, without whom, no achievements would have been possible. The trustees are condent that, by their stewardship and management of charitable funds, Gloucester Foodbank connues to meet the requirements around public benet as dened by the Charity Commission.

As a charity, rooted and established on the teaching and life of Jesus, for those who are part of the Foodbank and who are Chrisans, we see God’s Kingdom at work in what we do. We seek to serve those who are hungry, and those who are in need to the best of our ability. We seek to love our neighbour as we love ourselves. And whilst we have volunteers and stawho do not have a Chrisan faith, it is clear that love, care and compassion are shown by all.

Our strapline throughout the year has been

“Gloucester Foodbank is a Chrisan based charity and part of the Trussell network. Not every member of our team is a Chrisan; and we welcome and support people from all parts of the community of Gloucester”.

2. Our aims & objectives

Our charity’s purposes as set out in the objects contained in the company’s memorandum of associaon are:

Gloucester Foodbank “the Foodbank” was established in 2005 and as such, is the second longest connually running foodbank in the Trussell foodbank network.

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REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

It was originally established by the leaders and members of City Church Gloucester, who became aware of individuals and families struggling to feed themselves when faced with an array of dicult and oen unexpected circumstances. In 2004 they decided to join the Trussell network and set up a foodbank in Gloucester to alleviate these immediate needs, with the foodbank subsequently opening in April 2005.

Gloucester Foodbank is an independent registered charity (and company limited by guarantee) with its own trustees, manager, staand volunteers. As has already been said, we are aliated to Trussell

which currently supports over 400 aliated foodbanks across the country, who run over 1,400 foodbank centres.

Our joint long-term objecve is to see poverty eliminated across the UK, but unfortunately this seems a very distant objecve given the connued high demand for our services.

Between 1 April 2024 and 31 March 2025, foodbanks in Trussell’s UK-wide network distributed more than 2.885 million emergency food parcels to people facing hardship, with more than 1.024 million of these parcels being distributed for children’s needs.

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REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

Ensuring our work delivers our aims

We review our aims, objecves and acvies each year. This review looks at what we have achieved and the outcomes of our work in the previous 12 months. The review looks at the success of each key acvity and the benets they have brought to those groups of people we are set up to help.

The review also helps ensure our aims, objecves and acvies remain focused on our stated purposes. We have referred to the guidance contained in the Charity Commission’s general guidance on public benet when reviewing our aims and objecves and in planning our future acvies. In parcular, the trustees consider how planned acvies will contribute to the aims and objecves they have set.

The focus of our work

This year saw us dealing with the connued eects of the cost-of-living crisis, which is being felt across the UK. By the diligence of our staand volunteers and the generosity of our community, donors and partners we have again been able to full our goal of helping local people in crisis, albeit this connued high demand is beginning to have consequences on the foodbank.

Our aim is to provide a 3 day “ emergency” food and toiletries parcel to those in crisis, via our Hubs located throughout the city. In addion, we also provide Financial Inclusion support, parcularly to individuals who have required repeat parcels to meet their on-going needs; as well as acng as a signpost to other services.

Sadly, an increasing number of families have seen us more of an on-going food provision service rather than a one-me last port of call. This is mainly due to the signicant nancial hardships that an increasingly struggling populaon face, but this on-going support really needs to be redirected to other more suited umbrella organisaons within Gloucester.

The following table highlights how the situaon has changed since Covid. In 2019/2020 (i.e. precovid) only 2.1% of the unique households we saw that year required 6 or more parcels; however, this rose to 7.5% of the total in 2024/2025.

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REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

~~a~~
~~ee~~		 ~~OO~~
~~GO~~		 2019.2020
~~OO~~
~~GO~~		 ~~OO~~
~~GO~~		 2023.2024 2024.2025
Vouchers Issued
~~ee~~		 ~~GO~~ 4,113
~~GO~~		 ~~GO~~
~~Oe~~		 7,586
~~OO~~		 ~~OO~~ 7,635
~~ee~~
~~Gd~~		 ~~GO~~
~~Gd~~		 ~~GO~~
~~Gd~~		 ~~GO~~
~~Gd~~
~~Oe~~
~~Ol~~		 ~~Gd~~
~~OO~~
~~OO~~		 ~~Gd~~
~~OO~~
~~OO~~		 ~~Gd~~
Parcels Distributed
~~Gd~~
~~a~~		 ~~Gd~~
~~Oe~~		 8,112
~~Gd~~
~~O~~		 ~~Oe~~
~~Gd~~
~~Ol~~
~~Oo~~		 17,037
~~OO~~
~~Gd~~
~~OO~~
~~o~~		 ~~OO~~
~~Gd~~
~~OO~~		 17,073
~~Gd~~
~~ee~~
~~a~~		 ~~ee~~
~~Oe~~		 ~~ee~~
~~O~~		 ~~Ol~~
~~ee~~
~~Oo~~		 ~~OO~~
~~ee~~
~~o~~		 ~~OO~~
~~ee~~		 ~~ee~~
Unique Households referred
~~ee~~
~~a~~		 ~~ee~~
~~Oe~~		 2,116
~~ee~~
~~O~~
~~Od~~		 ~~ee~~
~~Oo~~
~~Od~~		 3,261
~~ee~~
~~o~~
~~Oe~~		 ~~ee~~
~~Oe~~		 3,337
~~ee~~
~~Gd~~ ~~Gd~~
~~Ge~~		 ~~Gd~~
~~Od~~
~~Oa~~		 ~~Gd~~
~~Od~~
~~Oa~~		 ~~Gd~~
~~Oe~~
~~Oa~~		 ~~Gd~~
~~Oe~~		 ~~Gd~~
1st Time Household
~~a~~		 ~~a~~
~~Ge~~		 1,073
~~Od~~
~~a~~
~~Oa~~		 ~~Od~~
~~a~~
~~Oa~~
~~Od~~		 1,980
~~Oe~~
~~a~~
~~Oa~~
~~OO~~		 ~~Oe~~
~~a~~
~~OO~~		 1,964
~~a~~
~~Gd~~ ~~Ge~~
~~Gd~~		 ~~Oa~~
~~Gd~~
~~Od~~		 ~~Oa~~
~~Gd~~
~~Od~~
~~Od~~		 ~~Oa~~
~~Gd~~
~~OO~~
~~OO~~		 ~~Gd~~
~~OO~~
~~OO~~		 ~~Gd~~
% First Time referrals to total referred
~~Gd~~
~~a~~		 ~~Gd~~
~~Ge~~		 26.1
~~Gd~~
~~Od~~
~~0~~		 ~~Od~~
~~Gd~~
~~Od~~
~~0~~		 26.1
~~OO~~
~~Gd~~
~~OO~~
~~0~~		 ~~OO~~
~~Gd~~
~~OO~~		 25.7
~~Gd~~
~~ee~~
~~a~~		 ~~ee~~
~~Ge~~		 ~~Od~~
~~ee~~
~~0~~		 ~~Od~~
~~ee~~
~~0~~		 ~~OO~~
~~ee~~
~~0~~		 ~~OO~~
~~ee~~		 ~~ee~~
Unique households having 6+Vouchers
~~a~~		 ~~Ge ~~
~~OO~~
~~Oe~~		 45
~~0~~
~~OO~~
~~Oe~~		 ~~0~~
~~OO~~
~~Oa~~		 262
~~0~~
~~Oa~~		 250
~~a~~ ~~a~~
~~Oe~~		 ~~a~~
~~Oe~~		 ~~a~~
~~Oa~~
~~Oe~~		 ~~a~~
~~Oa~~
~~OO~~		 ~~a~~
~~OO~~		 ~~a~~
% of 6+households to total households
~~Gd~~
~~ee~~		 ~~Oe~~
~~Gd~~
 2.1
~~Oe~~
~~Gd~~
~~Nl~~
 ~~Oa~~
~~Gd~~
~~Oe~~
~~Nl~~
 8.0
~~Oa~~
~~Gd~~
~~OO~~
~~OO~~		 ~~Gd~~
~~OO~~
~~OO~~		 7.5
~~Gd~~
~~Gd~~
~~ee~~		 ~~Gd~~
 ~~Gd~~
~~Nl~~
 ~~Oe~~
~~Gd~~
~~Nl~~
 ~~OO~~
~~Gd~~
~~OO~~		 ~~OO~~
~~Gd~~
~~OO~~		 ~~Gd~~
Total No. of Parcels 6+Given out
~~ee~~		 ~~GO~~ 310
~~Nl~~
~~GO~~		 ~~Nl~~
~~GO~~		 2,429
~~OO~~		 ~~OO~~ 2,248
~~ee~~
~~a~~		 ~~OO~~ ~~Nl~~

~~OO~~		 ~~Nl~~

~~OO~~
~~Dl~~		 ~~OO~~
~~OO~~		 ~~OO~~
~~OO~~
% Parcels given to 6+to parcel total
~~Gd~~		 ~~Gd~~ 3.8
~~Gd~~		 ~~Gd~~
~~Dl~~		 14.3
~~Gd~~
~~OO~~		 ~~Gd~~
~~OO~~		 13.2
~~Gd~~

How our activities deliver public benefit

Our main acvies and who we try to help are described below. All our charitable acvies focus on individuals who are facing food poverty and are undertaken to further our charitable purposes for the public benet.

Who used and benefited from our services?

As already said, the Foodbank’s primary focus is to be an emergency stopgap through food distribuon to those who are in a posion of crisis.

Ideally, this free emergency food is normally provided for 3 days, by which me it is hoped that the appropriate agencies are in a posion to assist. However, this frequently does not always give sucient me for agencies to provide the necessary support, and as a result, repeat 3-day parcels can be required on a number of occasions.

It is true that circa 55% of people referred to us only require one parcel, with a further 18% required two in total, and a further 10% three in total. This sll leaves 17% of referrals; that is 558 unique families, needing longer term support.

As has already been said, we have sadly become an on-going support service rather than a last port of call due to the signicant nancial hardships that an increasingly struggling populaon face.

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REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

The table below underlines the scale of the problem being felt within the Gloucester area.

~~es~~ Unique households
~~ftft~~
 Unique households
~~ftft~~
 Unique households
~~ftft~~
Voucher
count
~~Pf~~
~~es~~
~~es~~		 2019.2020
~~Pf~~
~~ft~~
~~ee~~
 2023.2024 2024.2025
~~Pf~~
~~ftft~~
~~ee~~
 2023.2024 2024.2025
~~Pf~~
~~ft~~
4
~~Pf~~
~~es~~
~~es~~
~~es~~		 147
~~Pf~~
~~ft~~
~~ee~~
~~ee~~
 164
~~Pf~~
~~ftft~~
~~ee~~
~~ee~~
 180
~~Pf~~
~~ft~~
~~ee~~
5
~~es ~~
~~es~~
~~es~~
~~a~~		 75
~~ft~~
~~ee~~
~~ee~~
~~ee~~		 112
~~ft ft~~
~~ee~~
~~ee~~
~~ee~~		 128
~~ft~~
~~ee~~
6

~~es ~~
~~es~~
~~a~~
~~a~~		 22
~~ee ~~
~~ee~~
~~ee~~
~~es~~		 77
~~ee~~
~~ee~~
~~ee~~
~~ee~~		 72
~~ee~~
~~ee~~
7

~~es ~~
~~a~~
~~a~~
~~rs~~		 14
~~ee ~~
~~ee ~~
~~es~~
~~es~~
 48
~~ee ~~
~~ee~~
~~ee~~
~~eee~~
 51
~~ee~~
~~ee~~
~~ee~~
8
~~a~~
~~rs~~
~~es~~		 3
~~es ~~
~~es~~
~~es~~
 34
~~ee ~~
~~eee~~
~~ee~~
 29
~~ee~~
~~ee~~
~~ee~~
9
~~rs~~
~~es~~
~~es~~		 4
~~es~~
~~es~~
~~ee~~
 24
~~eee~~
~~ee~~
~~ee~~
 29
~~ee~~
~~ee~~
10
~~rs ~~
~~es~~
~~es~~
~~rr~~		 2
~~es ~~
~~es~~
~~ee~~
~~ee~~		 25
~~eee ~~
~~ee~~
~~ee~~
~~ee~~		 16
~~ee~~
~~ee~~
<=15

~~es ~~
~~es~~
~~rr~~
~~a~~		 -
~~es ~~
~~ee~~
~~ee~~
~~ee~~		 31
~~ee ~~
~~ee~~
~~ee~~
~~ee~~		 34
~~ee~~
~~ee~~
<=20

~~es ~~
~~rr~~
~~a~~
~~es~~		 -
~~ee ~~
~~ee~~
~~ee~~
~~ee~~
 13
~~ee~~
~~ee~~
~~ee~~
~~ee~~		 15
~~ee~~
<=25

~~rr~~
~~a~~
~~es~~
~~es~~		 -
~~ee ~~
~~ee~~
~~ee~~
~~ee~~
 5
~~ee~~
~~ee ~~
~~ee~~
~~ee~~
 2
~~ee~~
<=30
~~es~~
~~es~~
~~rr~~		 -
~~ee~~
~~ee~~
~~ee~~
 2
~~ee~~
~~ee~~
~~ee~~		 1
~~ee~~
<=35
~~es ~~
~~es~~
~~rr~~
~~es~~		 -
~~ee ~~
~~ee~~
~~ee~~
~~ee~~
 1
~~ee~~
~~ee~~
~~ee~~
~~ee~~
 1
~~ee~~
~~ee~~
<=40

~~es ~~
~~rr~~
~~es~~
~~rr~~		 -
~~ee~~
~~ee~~
~~ee~~
~~ee~~
 1
~~ee~~
~~ee~~
~~ee~~
~~ee~~		 -
~~ee~~
~~ee~~
<=45

~~rr ~~
~~es~~
~~rr~~		 -
~~ee ~~
~~ee~~
~~ee~~
~~a~~		 1
~~ee ~~
~~ee~~
~~ee~~
~~a~~		 -
~~ee~~
~~ee~~
~~a~~
TOTALS

~~es ~~
~~rr ~~		 267
~~ee~~
~~ee~~
~~a~~		 538
~~ee ~~
~~ee~~
~~a ~~		 558
~~ee~~
~~a~~

Clearly, there is no easy x to combat this situaon, without the involvement of naonal and local government and other like-minded organisaons to help families in the medium/longer term.

One of the ways we are trying to migate this is through our Financial Inclusion Programme (see later), which was expanded during this our second year of its operaon.

As shown in the next table, 78% of all people referred to us in the last year were from individuals who have no income other than access to some state benets; with a further 6% surviving on a combinaon of earnings and benets.

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REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

Given this backdrop it is not surprising that we are facing a connued high demand for our services. The table below shows how the number of food parcels we have provided since Covid connues at a very high level.

This number of parcels equates to some 153,612 meals distributed throughout the year.

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REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

Out of the 7,635 referrals (2024: 7,586) received last year, 3,337 (2024: 3,276) were from unique households and 1,964 (2024: 1,980) of the total were from rst me referrals to us.

37% of parcels were provided to support the needs of children. 35% of all households supported had children, with 14% having 3+ children.

The updated English Indices of Deprivaon will be released in October/November 2025, and we will use this data to ensure we are focused on providing assistance in the areas of greatest demand.

The previous stascs ranked Gloucester high on the Naonal Index of Mulple Deprivaon of local authories in England, with 4 of its wards falling into the most deprived 10% naonally. These wards are Podsmead, Kingsholm & Woon, Matson & Robinswood and Westgate.

The following table shows the number of parcels distributed to the 5 wards we see most demand from. These top 5 wards amount to 61.4% (2024: 61.6%) of our overall total, with three of the abovemenoned wards featuring prominently. Podsmead is the excepon, where demand was only 2.9% (2024: 2.3%) out of our total.

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REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

We connue to believe this is because we have no local presence within this area. We have idened a suitable locaon for a new Hub and hoped to be operang during 2024/2025, however we are dependent on the city council compleng the necessary remedial work on the property.

That being said, we did open two new Hubs during the year; at the Redwell Centre in Matson and St Catharine’s Church in London Road. This extended our reach to 5 locaons in the city (including our main warehousing and operaonal site which is located in Great Western Road).

The emergency parcels we provided are mainly funded through the generous donaons of supplies received from people from all walks of life. You will see from the graph below that 62.7% of the donated goods we received were via collecon boxes at 21 supermarkets located throughout the city. 15.1% was collected from churches throughout the year, as well as Easter, Christmas and Harvest mes.

A further 7.2% was received from schools, again with a focus on Harvest and Christmas; 5.8% from corporates and a further 4.2% from others individuals undertaking collecons on our behalf.

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REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

We would like to express our sincere thanks to all for your generosity towards the work of Gloucester Foodbank. Your food donaons allow us to support those in crisis, as well as reducing the amount of food we need to purchase to full this need.

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REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

Unfortunately, despite this generosity, during the last nancial year, donaons only covered 67.4% (2024: 71%) of the overall gure needed for parcel distribuon, the remainder was made up from reducing our stock levels and more worryingly by having to purchase food top up. In the last year we spent £94,840.53 on addional food and toiletries (2024: £88,850.34).

As well as food donaons, we do, of course, rely on nancial donaons/contribuons to not only cover our operang costs but also to purchase other food and non-food items.

Again, a tremendous thank you to our donors - individuals, churches, schools, corporates and organisaons. In the last year 153 individuals gave on a monthly basis, with a further 224 on an ad hoc basis throughout the year. A big shout out to both Tesco and Asda who provide an addional cash payment of 20% of the total value of foods donated at its stores.

As well as these donaons we would like to thank the various grant funders who have supported us, as well as Trussell and Gloucester City Council. Further details of which are shown in notes 5 and 12 of our accounts.

Again, thank you to our volunteer team who work extremely hard in the preparaon of parcels and the processing of referrals. Without you catching our vision of helping our local communies our work could not connue.

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REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

Counselling, Advice and Information

At the beginning of this nancial year our Financial Inclusion Programme was enlarged to allow more people to escape food poverty.

Again, we must thank Trussell for providing us with the necessary grant funding to achieve this, and to our partner charity, GL Communies, who employed the advisors and triage team to operate this service. Funding has been secured which will allow the service to run unl at least May 2026.

The project outcomes are shown above.

It is disappoinng that the numbers seen were not as high as we had hoped. This is due to an array of reasons and as a result, we have reviewed maers and hope to see a greater increase next year.

One of the reasons is that the advisors were faced with more complex cases, resulng in greater amount of me needed to resolve maers.

The posives – a 372% increase in conrmed income gains secured for our clients. And a 143% increase in the level of debt managed.

The most pleasing stasc is the fact that 117 households are said to no longer require the need of a foodbank. This is, of course, the ulmate aim.

What follows are quotes from three case studies from this year which illustrate the value and human side of this service:

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REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

A mother contacted us 6 weeks aer meeng - “Thank you so much for your assistance. I have been oered a property more suitable for my needs, which is closer to my family. My mental health has improved greatly and I feel a lot happier than I have for a very long me”.

A single mother with 2 young dependent children, one disabled – “I now feel I have more control over my finances and would like to express my appreciation of the assistance I was given.”

A single lady with 2 dependent school age sons. “Thank you for assisng me in dealing with my debts, I now feel that these nancial worries have lied. My broken washing machine only added to the pressure, parcularly as I was unable to aord a new one. So, the award from the White Goods Fund to replace it really helped.”

White Goods Fund

In the year ended March 2018 the foodbank was awarded a grant of £10,000 by Npower to assist with the purchase of white goods for families in need. Unfortunately, lile acon had been taken to ulise these funds, so as we entered this nancial year £9,235 was unspent.

So, in associaon with our Financial Inclusion project we authorised advisors to nominate requests for “grants” to fund the purchase of white goods.

Rather than pay monies to clients, we entered an agreement with Gilman’s of Gloucester to supply and install said equipment directly into people’s homes.

As a result, 21 grants were awarded throughout the year totalling £6,828 and the remainder of the fund was exnguished by July 2025.

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REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

3. Achievement and Performance

As we look back on the last year it is with mixed emoons.

It was denitely a year of transion. It started with Rhi Hopkins joining the team as Assistant Manager, and nished with our Project Manager, Anneliese Sterry rering aer 15.5 years of faithful service.

Our board of trustees/directors also saw big changes; with the sad passing of our beloved Phil Rodford in June 2024; and later in the year Lorraine Best and Steve Cresswell – both longstanding trustees – stepping down.

Key volunteers, also stepped back, most noceably Gerry Malecki, who oversaw our warehouse operaon and spent endless hours at the foodbank. In addion, we encountered long periods of sta illness.

So, a somewhat dicult year but in the light of all the above, it is sll pleasing to report that the foodbank was able to keep pace with the demand for its services, oversaw the expansion of the Financial Inclusion project and opened two new Hubs!

We have a great team of staand volunteers, who were able to achieve this despite the abovemenoned upheaval.

Rhi’s addion to the team meant that some aspects of our work which had been on the back burner since Covid, were picked back up. Most notably, re-starng our social media presence and reconnecng with food larders and other food support organisaons. Our engagement with businesses also stepped up a level. We would wish to put on record our thanks for the energy and drive that Rhi added to the team during the year.

So, in regard to the 20 key targets set for the year, we can say that good progress was made in 5, whilst the majority remain either a work in progress or sll on the drawing board.

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Doc ID: c3abfe50b239b957598dbda15bda798dfc958da1

REPORT AND ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2025

4. Future Plans

2025 marks the 20[th] anniversary of Gloucester Foodbank serving people facing hardship in Gloucester & its surrounding areas. This is a milestone that should be celebrated so we are marking our 20th year with a series of 20 events and iniaves to raise awareness of our work and the connued needs being faced by our wider community.

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Doc ID: c3abfe50b239b957598dbda15bda798dfc958da1

REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

At the same me, the personnel changes already alluded to gives us an ideal opportunity to re-set and re-focus to determine whether the Foodbank has a medium-term viable future.

Key targets being:-

  1. Appoint a new Foodbank Director to replace the previous Project Manager. This new role is to act as lead for project planning and management, strategic planning, stakeholder engagement, sta& volunteer co-ordinaon, budget management & compliance. This is a crical role and requires a strong and skilled individual.

  2. Produce a new strategic plan.

  3. Review all aspects of our operaons to seek eciencies and review relevance.

  4. Restructure the charity’s nances with an aim of achieving a break-even posion, by increasing income streams and/or reducing costs.

  5. Further strengthen board of trustees.

5. Financial review

Overview

The charity’s total income for the year was £586,470 (2024: £506,694) of which £259,236 (2024: £232,615) was food and toiletries donaons in kind.

Total expenditure was £671,802 (2024: £534,336), which resulted in a decit of £85,332 against the decit of £27,642 recorded in the previous year.

Principal Funding Sources

Without our numerous supporters Gloucester Foodbank could not meet the needs of people in crisis who are facing food poverty. So again, can we express our sincere appreciaon to all; individuals, churches, schools, businesses, corporates, other charies and organisaons, as well as Trussell and other grant funders.

The notes in our accounts (and parcularly note 12) give details of the various organisaons who have provided grants and donaons over the last two years, and this list is our acknowledgement of your gratefully received support.

Our unrestricted income for the year increased by £70,231 or 18.2% from £385,985 to £456,216. These funds are ulised to fund the necessary purchase of food and toiletries and to cover our operaonal and stacosts. The following table shows the percentage of this total received from the dierent sources.

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REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

~~a~~
~~a~~		 Unrestricted Income
~~GeGO~~		 Unrestricted Income
~~GeGO~~		 Unrestricted Income
~~GeGO~~		 Unrestricted Income
~~GeGO~~		 Unrestricted Income
~~GeGO~~		 Unrestricted Income
~~GeGO~~		 ~~GO~~
~~OO~~		 ~~GO~~
~~a~~
~~a~~
~~ee~~		 ~~Ge~~
 2025
~~GO~~
~~GO~~
 ~~GO~~
~~GO~~
 2024
~~GO~~
~~GO~~
~~CO~~		 ~~GO~~
~~OO~~
~~CO~~		 Diff
~~GO~~
~~a~~
~~Ge~~
~~ee~~		 ~~Ge~~
~~Ge~~
 £
~~GO~~
~~Ge~~
~~GO~~
 %
~~GO~~
~~Ge~~
~~GO~~
 ~~GO~~
~~Ge~~
~~GO~~
 £
~~GO~~
~~Ge~~
~~GO~~		 %
~~GO~~
~~Ge~~
~~CO~~		 ~~GO~~
~~OO~~
~~Ge~~
~~CO~~		 ~~GO~~
~~Ge~~
~~ee ~~ ~~GO~~ ~~GO~~
~~GO~~		 ~~GO~~
~~GO~~		 ~~GO~~
~~GO~~		 ~~GO~~
~~QO~~		 ~~CO~~
~~GO~~
~~CO~~		 ~~CO~~
~~GO~~
~~CO~~
Donations of food & toiletries
~~ee ~~
~~GO~~
~~GO~~		 259,234
~~GO~~

~~GO~~		 56.8
~~GO~~

~~GO~~		 ~~GO~~

~~GO~~		 232,615
~~GO~~
~~GO~~
~~QO~~
~~OD~~		 60.3
~~CO~~
~~GO~~
~~CO~~
~~OO~~		 ~~CO~~
~~GO~~
~~CO~~		 26,619
~~GO~~
Donations - Assets
~~SO~~		 ~~SO~~ 12,995
~~SO~~
~~NO~~		 2.8
~~SO~~
~~NO~~		 ~~SO~~
~~NO~~		 0
~~QO~~
~~SO~~
~~OD~~
~~I~~		 0.0
~~CO~~
~~SO~~
~~OO~~		 ~~CO~~
~~SO~~		 12,995
~~SO~~
Donations - individuals
~~ee~~		 ~~ee~~
~~Oe~~		 82,267
~~ee~~
~~NO~~
~~es~~		 18.0
~~ee~~
~~NO~~
~~Os~~		 ~~ee~~
~~NO~~
~~Os~~		 84,526
~~OD~~
~~ee~~
~~I~~		 21.9
~~OO~~
~~ee~~
~~Gd~~		 ~~ee~~
~~Gd~~		 -2,258
~~ee~~
Donations-organisations
~~ee~~		 ~~ee~~
~~Oe~~
~~Ge~~		 39,832
~~NO~~
~~ee~~
~~es~~
~~es~~		 8.7
~~NO~~
~~ee~~
~~Os~~
~~Os~~		 ~~NO~~
~~ee~~
~~Os~~
~~Os~~		 30,244
~~I~~
~~ee~~		 7.8
~~ee~~
~~Gd~~
~~CO~~		 ~~ee~~
~~Gd~~
~~CO~~		 9,588
~~ee~~
Gift Aid reclaimed
~~ee~~		 ~~Oe ~~
~~ee~~
~~Ge~~
~~Gs~~		 14,960
~~es~~
~~ee~~
~~es~~
~~Gs~~		 3.3
~~Os~~
~~ee~~
~~Os~~
~~Os~~		 ~~Os~~
~~ee~~
~~Os~~
~~Os~~		 19,308
~~ee~~		 5.0
~~Gd~~
~~ee~~
~~CO~~
~~CO~~		 ~~Gd~~
~~ee~~
~~CO~~
~~CO~~		 -4,348
~~ee~~
Other grants receivable
~~ee~~		 ~~Ge ~~
~~ee~~
~~Gs~~		 25,772
~~es~~
~~ee~~
~~Gs~~		 5.6
~~Os~~
~~ee~~
~~Os~~
~~Gs~~		 ~~Os~~
~~ee~~
~~Os~~
~~Gs~~		 17,757
~~ee~~		 4.6
~~CO~~
~~ee~~
~~CO~~
~~CO~~		 ~~CO~~
~~ee~~
~~CO~~
~~CO~~		 8,015
~~ee~~
Interest earned on cash deposits
~~Ge~~		 ~~Gs~~
~~Ge~~		 9,910
~~Gs~~
~~Ge~~
~~Gd~~		 2.2
~~Os~~
~~Ge~~
~~Gs~~
~~Gd~~		 ~~Os~~
~~Ge~~
~~Gs~~
~~Gd~~		 1,536
~~Ge~~		 0.4
~~CO~~
~~Ge~~
~~CO~~
~~CO~~		 ~~CO~~
~~Ge~~
~~CO~~
~~CO~~		 8,374
~~Ge~~
Stock Revaluation
~~Ge~~		 ~~Ge~~ 9,068
~~Ge~~
~~Gd~~
~~eG~~		 2.0
~~Gs~~
~~Ge~~
~~Gd~~
~~eG~~		 ~~Gs~~
~~Ge~~
~~Gd~~
~~eG~~		 0
~~Ge~~
~~QO~~		 0.0
~~CO~~
~~Ge~~
~~CO~~
~~QO~~		 ~~CO~~
~~Ge~~
~~CO~~		 9,068
~~Ge~~
Surplus on sale of fixed assets
~~Gn~~		 ~~Gn~~ 2,179
~~Gd~~
~~Gn~~
~~eG~~
~~GG~~		 0.5
~~Gd~~
~~Gn~~
~~eG~~
~~GG~~		 ~~Gd~~
~~Gn~~
~~eG~~
~~GG~~		 0
~~Gn~~
~~QO~~
~~GG~~		 0.0
~~CO~~
~~Gn~~
~~QO~~		 ~~CO~~
~~Gn~~		 2,179
~~Gn~~
TOTAL
~~es~~		 ~~es~~ 456,216
~~eG~~
~~es~~
~~GG~~		 100
~~eG~~
~~es~~
~~GG~~		 ~~eG~~
~~es~~
~~GG~~		 385,985
~~QO~~
~~es~~
~~GG~~		 100
~~QO~~
~~es~~		 ~~es~~ 70,231
~~es~~

Donaons of food and toiletries are our key source of “income”. The above gures suggest an increase for the year, albeit this was not the case. The table below shows that actual weight of donated goods fell by 5.3% from 98,034 kgs to 92,840 kgs. The “monetary” increase is due to Trussell’s nancial formula increasing the value in the year from £2.37 per kg to £2.77

2025 2024
kgs kgs
Stock out 137,719.77 137,867.09
Donated in 92,840.92 98,034.21
Shortfall 44,878.85 39,832.88
Purchases 35,385.46 35,912.70
From stock 9,493.39 3,920.18

Monetary donaons from individuals fell by a further 2.7% during the year, although it is pleasing to see that donaons from organisaons rose by 32%. Unrestricted grants by 45%, whilst giaid reclaimed fell by 22.5% (albeit in this insistence the corresponding gure for the previous year did include a back claim via CAF).

The year saw other income increases, most notably from credit interest gained through a more focussed management of bank account balances. We also saw three one-osources:- i.e. from the donaon of a newer vehicle; leading to the sale of an older vehicle; and a stock revaluaon uplidue to the formula referred to above.

Looking at restricted income; this increased from £120,709 to £130,254 due to an increased Financial Inclusion grant from Trussell, together with grants of £20,000 from JH Rausing Trust and £16,000 from Gloucester City Council’s Household Support Fund.

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Doc ID: c3abfe50b239b957598dbda15bda798dfc958da1

REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

Principal Expenditure

Total expenditure for the year was £671,802 a £137,466 or 25.7% increase on the gure of £534,336 seen in 2024.

We have highlighted the ve main components in the table below, which accounted for the increase:-

~~(~~
~~GO~~
~~a~~		 ~~GO~~ 2025
~~GO~~
~~O~~		 ~~GO~~
~~O~~		 2024
~~GO~~
~~(O~~		 ~~GO~~
~~(~~		 Diff
~~GO~~
Purchases;food & toiletries
~~Gd~~
~~a~~		 ~~Gd~~
~~Gd~~		 94,841
~~Gd~~
~~O~~
~~OQ~~		 ~~Gd~~
~~O~~
~~OQ~~		 88,850
~~Gd~~
~~(O~~
~~OQ~~		 ~~(~~
~~Gd~~		 5,990
~~Gd~~
Purchases; stock adjustment
~~a~~		 ~~Gd~~ 0
~~O~~
~~OQ~~		 ~~O ~~
~~OQ~~		 -3,737
~~(O~~
~~OQ~~		 3,737
Purchases; packaging & literature
~~YO~~
~~a~~		 ~~Gd~~
~~YO~~
~~Gd~~		 3,852
~~OQ~~
~~YO~~
~~Gs~~		 ~~OQ~~
~~YO~~
~~Gs~~		 2,768
~~OQ~~
~~YO~~
~~Gs~~		 ~~YO~~ 1,084
~~YO~~
In kind donations distributed
~~ee~~
~~a~~
~~a~~		 ~~ee~~
~~Gd~~
~~Gd~~		 270,942
~~ee~~
~~Gs~~		 ~~ee~~
~~Gs~~
~~GOO~~		 245,369
~~ee~~
~~Gs~~
~~GOO~~		 ~~ee~~ 25,573
~~ee~~
obsolete stock & waste
~~a~~
~~a~~		 ~~Gd~~
~~Gd~~
~~Gd~~		 12,524
~~Gs~~
~~GO~~		 ~~Gs~~
~~GOO~~
~~GO~~		 9,658
~~Gs~~
~~GOO~~
~~GO~~		 2,866
ClientDirected Services (FI)
~~a~~		 ~~Gd~~
~~Gd~~		 85,254
~~GO~~		 ~~GOO~~
~~GO~~		 40,709
~~GOO~~
~~GO~~		 44,545
Grants Given Out
~~Os~~
~~a~~		 ~~Gd~~
~~Os~~
~~Gd~~		 6,829
~~GO~~
~~Os~~
~~GG~~		 ~~GO~~
~~Os~~
~~GG~~		 0
~~GO~~
~~Os~~
~~GG~~		 ~~Os~~ 6,829
~~Os~~
Staff costs
~~a~~
~~a~~		 ~~Gd~~
~~Od~~		 115,918
~~GG~~
~~Gs~~		 ~~GG~~
~~Gs~~		 70,845
~~GG~~		 45,073
Vehicle running costs & sundry
~~a~~
~~a~~
~~a~~		 ~~Gd~~
~~Od~~
~~Gd~~		 9,975
~~GG~~
~~Gs~~
~~Gs~~		 ~~GG~~
~~Gs~~
~~Gs~~		 8,317
~~GG~~
~~Gs~~		 1,658
Operations
~~a~~
~~ee~~
~~a~~		 ~~Od~~
~~ee~~
~~Gd~~
~~Gd~~		 1,813
~~Gs~~
~~ee~~
~~Gs~~		 ~~Gs~~
~~ee~~
~~Gs~~
~~GG~~		 1,930
~~ee~~
~~Gs~~
~~GG~~		 ~~ee~~ -118
~~ee~~
Office &Admin
~~a~~		 ~~Gd~~
~~Gd~~		 10,544
~~Gs~~
~~Gs~~		 ~~Gs~~
~~GG~~
~~Gs~~		 12,413
~~Gs~~
~~GG~~
~~Gs~~		 -1,869
Rent & other property costs
~~Gd~~		 ~~Gd~~
~~Gd~~		 45,077
~~Gd~~
~~Gs~~		 ~~GG~~
~~Gd~~
~~Gs~~		 50,994
~~GG~~
~~Gd~~
~~Gs~~		 ~~Gd~~ -5,917
~~Gd~~
Fundraising Costs
~~OO~~
~~a~~		 ~~OO~~
~~OG~~		 1,235
~~Gs~~
~~OO~~
~~OG~~		 ~~Gs~~
~~OO~~
~~OG~~		 ~~Gs~~
~~OO~~
~~OO~~		 ~~OO~~ 1,235
~~OO~~
Governance costs
~~a~~		 ~~OG~~ 7,810
~~OG~~		 ~~OG~~ 5,567
~~OO~~		 2,243
Depreciation
~~a~~
~~(GO~~
~~es~~		 ~~OG~~
~~(GO~~
~~es~~		 5,188
~~OG~~
~~(GO~~
~~es~~
~~CS~~		 ~~OG ~~
~~(GO~~
~~es~~		 652
~~OO~~
~~(GO~~
~~es~~		 ~~(GO~~
~~es~~		 4,536
~~(GO~~
~~es~~
~~es~~ ~~es~~ 671,802
~~es~~
~~CS~~		 ~~es~~ 534,336
~~es~~		 ~~es~~ 137,466
~~es~~

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Doc ID: c3abfe50b239b957598dbda15bda798dfc958da1

REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

Summary

The net result was a decit of £85,332 against a small decit of £27,642 seen in the previous year.

This is the third annual decit in a row and at an increasing level. This trend is unsustainable in the medium term; therefore, the forthcoming nancial year will be crical to the on-going nancial viability of the charity. Current reserves sll provide a 12-month window to allow correcve acon to be implemented. Unless, a soluon is found, then a decision on whether to seek the phased closure of the Foodbank could be the only alternave.

At the end of the nancial year the charity’s total funds stood at £342,408 (2024: £427,741) of which £340,002 was unrestricted/designated (2024: £415,603) and £2,406 was restricted (2024: £12,138).

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Doc ID: c3abfe50b239b957598dbda15bda798dfc958da1

REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

6. Investment Policy

Given the current nancial pressures being felt, all funds are maintained in an array of bank accounts, with varying term opons; from instant access to a maximum of 12 months. This is both to aid cashow and seek the best rates available as an addional income stream.

7. Reserve Policy

The aim of the reserves policy is to ensure that the charity’s ongoing and future acvies are reasonably protected from unexpected uctuaons in its income and expenditure.

A review of this policy was undertaken in the light of this year’s decit, and it was decided that a reserve range would provide more resilience going forward.

So, should the possibility of closure ever be an opon, it was felt prudent to understand how much it would cost to “close well”, and set this as the minimum target reserve.

As a result, a new “Sunset Reserve” was created to ensure an orderly closure over a three-month period, to include potenal redundancy and other shut down costs. This minimum target was inially set at £102,633.

A maximum reserve to allow for other risks was to be added to the above. A 6-month core cost formula was used for this purpose. The net overall maximum therefore being £248,165.

Year-end unrestricted general reserve (free reserves) stood at £290,260 (i.e. excluding stock and xed assets). This is greater than the maximum gure referred to above, but it must be remembered that this year we recorded an annual decit of £85,311 against £27,620 in the previous year. In addion, the inial budget set for 2025/2026 showed a potenal decit of £141,000. Although it is hoped to reduce this gure by seeking addional grant funding.

Examining the expenditure costs for this nancial year (excluding donated food stock), our monthly costs were £24,255. On this basis our free reserves of £290,259 at year end gave us 11.96 months of cover.

Current levels are deemed appropriate given the risks faced by the charity and the uncertainty surrounding certain income streams, parcularly grants.

We are again without any substanal grant funding for the current year, which means that given the level of demand for our services and the need for us to purchase large amounts of stock, we are faced with a potenal budget decit of circa £141,000, this is signicantly higher than previous years. The trustees understand that correcve acon must be undertaken within the next 12 months via seeking external support and/or reducing costs to migate against the scenario referred to above.

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Doc ID: c3abfe50b239b957598dbda15bda798dfc958da1

REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

8. Risk Management

The charity trustees have given consideraon to the major risks to which the charity is exposed and sased themselves that systems or procedures are established in order to manage those risks.

Major risks already highlighted include:

Governance —there has been substanal changes to the trustee board over the last 12 months. A full skill audit has been undertaken and gaps idened. Acon to recruit connues.

Financial – Annual decits need to be addressed. Current economic uncertaines within the UK only add to the overall risk situaon. We need to move from our current surviving mode to sustaining and hopefully to thriving. We are seeking to create the appropriate condions to give ourselves the best chance of bouncing back through careful management of our budget and making appropriate reforecasts as a key migant.

Operaons —the major risks are around maintaining the required number and skills of volunteers, ensuring adequate food stocks, and opmising the value for money of food purchases. A key task for our new Foodbank Director to spearhead.

Client relaonships —the foodbank is commied to providing a good experience for clients and must ensure that all clients are treated well and that access to vouchers and the collecon of food meets their needs. The membership scheme launched last year needs to be extended and oered to a greater group including clients to improve feedback etc. Current membership stands at 35.

External risks — these are risks beyond the charity's direct control but can have a major impact on the foodbank, notably changes in government policy, the 'cost of living' crisis, or another pandemic. These risks require the charity to provide agility and resilience in its operaons and nances.

Compliance —the charity must connue to meet its Compliance obligaons in terms of ling returns and ensuring it meets other legal and regulatory requirements such as safeguarding and health and safety. Further work needs to be undertaken in this area, although the recent appointment of a new safeguarding trustee is a step in the right direcon.

Strategic and fundraising plans to address the signicant external risks to funding are in their early stages. Internal control risks are minimised by the implementaon of procedures for authorisaon of all transacons and projects. Procedures are being put in place to ensure compliance with health and safety of sta, volunteers, clients and visitors to the centre.

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Doc ID: c3abfe50b239b957598dbda15bda798dfc958da1

REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

9. Structure, Governance and Management

Governing Document

Gloucester Foodbank is a charitable company limited by guarantee, incorporated on 23 March 2005 and registered as a charity on 31 March 2006.

The company was established under a memorandum of associaon which established the objects and powers of the charitable company and is governed under its arcles of associaon. In the event of the company being wound up members are required to contribute an amount not exceeding £10. There are currently 35 members.

Arrangements for setting pay and remuneration

The pay of senior stais reviewed annually and benchmarked against similar roles in the charity sector. Any increases are approved by the board of trustees, taking into account the nancial posion of the charity and market condions. The aim is to ensure that remuneraon is fair, compeve, and aligned with the charity’s charitable objecves and values.

Recruitment and Appointment of Trustees/Directors

The directors of the company are also charity trustees for the purposes of charity law, and under the company’s Arcles, are known as members of the Management Commiee. Under the requirements of the Memorandum and Arcles of Associaon the members of the Management Commiee are elected to serve for a period of three years aer which they must be re-elected.

At the Annual General Meeng one third of trustees for the me being or, if their number is not three or a mulple of three, then the number nearest one-third shall rere from oce. A rering trustee shall be eligible for re-elecon.

The board of trustees has the power at any me, to appoint any person to be a trustee. Any trustee so appointed shall hold oce only unl the next following Annual General Meeng, and shall then be eligible for elecon.

Trustees are there as individual members in their own right and not represenng any organisaon and are recruited with the aim of achieving a broad range of specialist knowledge, skills and experience to provide governance and legal responsibility for the organisaon.

Members of the charity guarantee to contribute an amount not exceeding £10 to the assets of the charity in the event of winding up. The trustees are members of the charity but this entles them only to vong rights. The trustees have no benecial interest in the charity. There are currently 35 members.

All trustees give their me voluntarily and receive no benets from the charity. No expenses were claimed from the charity during the year (2024: nil).

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REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

Trustee Induction and Training

Most trustees are already familiar with the praccal work of the charity having been encouraged to take a tour of the Centre.

Addionally, new trustees are invited and encouraged to aend a series of meengs/training sessions to familiarise themselves with the charity and the context within which it operates.

These are jointly led by the Chair of the Management Commiee and the Foodbank Director and cover:

A Queson & Answer pack has also been prepared drawing informaon from the various Charity Commission publicaons signposted through the Commission’s guide “the Essenal Trustee” as a follow up to these sessions. This is distributed to all new trustees along with the Memorandum and Arcles and the latest nancial statements.

Organisational Structure

The directors/trustees meet on at least a quarterly basis and are responsible for the strategic direcon and policy of the charity. At year end the board numbers fell to seven, so we will look to increase this number, parcularly by aracng individuals with professional backgrounds and relevance to the work of the charity.

A scheme of delegaon is in place and day to day responsibility for the provision of the services rest with the employed Foodbank Director, who is responsible for ensuring that the charity delivers the services specied and that key performance indicators are met. This includes day to day operaonal management of the centre and hubs, individual supervision of the stateam and also ensuring that the team connue to develop their skills and working pracces in line with good pracce.

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Doc ID: c3abfe50b239b957598dbda15bda798dfc958da1

REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

Volunteers

At year end our volunteer numbers had risen to 102 (2024: 80), who give their me, energy and compassion to the charity’s work.

We have teams volunteering in our warehouse four days per week as well as other teams who run our “hub” distribuon centres. In addion, there is a team of drivers who deliver the parcels from the warehouse to clients in need, and drivers who pick up from churches, schools and supermarkets to bring to our warehouse.

Ad hoc volunteers assist with our regular supermarket collecon days and a further team work behind the scenes assisng our administraon staas well as our fundraising co-ordinator who supports the foodbank in so many ways.

Without these volunteers, we would denitely have to close. We are so grateful for everyone who gives their me.

In the year ending March 2025, we have calculated that our volunteers gave 10,733 hours of their me to help the foodbank funcon (2024: 11,536). If we applied the Naonal Living Wage rate of £12.21, this would give us an annual “cost” of £131,050 (2024: 131,972). Thank you again to all concerned. Without your help and support the Foodbank could not meet the needs of those in crisis.

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Some of our faithful volunteers who were honoured during the year. Below our staff team all ready for action for our 20[th] anniversary year, including Anneliese (our retired Project Manager), wearing the crown!

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REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

Related Parties

There were no related party transacons.

The charity is a member of the Trussell Trust network of foodbanks. This aliaon provides access to shared branding, training, resources, and naonal campaigning support. Whilst the charity remains independently governed, its operaonal policies are aligned with those of the Trussell Trust to ensure consistency and best pracce across the network.

Gloucester Foodbank is grateful for the support, guidance and grant funding received from Trussell.

The charity works closely with other organisaons and agencies acve in the community to idenfy people in need. The top 9 agencies by number of referrals during the year are listed below.

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REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

Statement of responsibilities of the trustees

The trustees (who are also directors of the charity for the purposes of company law) are responsible for preparing the trustees’ annual report and the nancial statements in accordance with applicable law and United Kingdom Accounng Standards (United Kingdom Generally Accepted Accounng Pracce).

Company law requires the trustees to prepare nancial statements for each nancial year which give a true and fair view of the state of aairs of the charity and of the incoming resources and applicaon of resources, including the income and expenditure, of the charity for that period. In preparing these nancial statements, the trustees are required to:

● State whether applicable UK Accounng Standards and statements of recommended pracce have been followed, subject to any material departures disclosed and explained in the nancial statements

The trustees are responsible for keeping proper accounng records that disclose with reasonable accuracy at any me the nancial posion of the charity and enable them to ensure that the nancial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevenon and detecon of fraud and other irregularies.

This report has been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime of the Companies Act 2006.

The trustees’ annual report has been approved by the trustees on 8[th] September 2025 and signed on their behalf by

………………………………………. Paul Malle(Treasurer)

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Independent Examiner’s report for the year ended 31 March 2025

I report on the accounts of the charity for the year ended 31 March 2025 set out on pages 30 to 44

Respecve responsibilies of trustees and examiner

The charity's trustees are responsible for the preparaon of the accounts. The charity’s trustees consider that an audit is not required for this year under secon 144 of the Charies Act 2011 (“the Charies Act”) and that an independent examinaon is needed. The charity’s gross income exceeded £250,000 and I am qualied to undertake the examinaon by being a qualied member of The Instute of Chartered Accountants of Scotland (ICAS).

It is my responsibility to:

Basis of independent examiner’s statement

My examinaon was carried out in accordance with general Direcons given by the Charity Commission. An examinaon includes a review of the accounng records kept by the charity and a comparison of the accounts presented with those records. It also includes consideraon of any unusual items or disclosures in the accounts, and seeking explanaons from the trustees concerning any such maers. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those maers set out in the statement below.

In connecon with my examinaon, no maer has come to my aenon:

  1. which gives me reasonable cause to believe that, in any material respect, the requirements:

    • to keep accounng records in accordance with secon 130 of the Charies Act; and

  2. to prepare accounts which accord with the accounng records and comply with the accounng requirements of the Charies Act

  3. have not been met; or

  4. to which, in my opinion, aenon should be drawn in order to enable a proper understanding of the accounts to be reached.

06 / 10 / 2025

Kate Adderley CA Third Sector Accountancy Limited Holyoake House Hanover Street Manchester M60 0AS

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REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2025

Total Total
Unrestricted Restricted Funds Funds
Note Funds Funds 2025 2024
INCOME FROM £ £ £ £
Donations and legacies:
Donations and legacies 3 137,058 - 137,058 134,077
Donated goods 4 272,228 - 272,228 232,615
Grants received 5 25,772 130,254 156,026 138,466
Investments:
Interest earned on cash deposits 6 9,910 - 9,910 1,536
Other Income: 7
Stock Revaluation 9,068 - 9,068 -
Surplus on Sale of Fixed Asset 2,179 - 2,179 -
Total income and endowments 8 456,216 130,254 586,470 506,694
EXPENDITURE ON
Charitable activities 9 530,581 139,986 670,567 534,336
Raising funds 9d 1,235 - 1,235 -
Total expenditure 531,816 139,986 671,802 534,336
Net income/(expenditure) (75,600) (9,731) (85,332) (27,642)
Transfers between funds - 0 - - -
Net movement in funds (75,601) (9,731) (85,332) (27,642)
Reconciliation of funds:
Total funds brought forward 415,603 12,138 427,741 455,383
Total funds carried forward 340,002 2,408 342,410 427,741

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing operations.

The statement of financial activities also complies with the requirements for an income and expenditure account required by the Companies Act 2006.

The notes on pages 34- 44form part of these accounts.

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BALANCE SHEET

FOR THE YEAR ENDED 31 MARCH 2025

Unrestricted Restricted Total funds Total funds
Note Funds Funds 2025 2024
£ £ £ £
FIXED ASSETS
Tangible assets 14 11,179 - 11,179 3,372
11,179 - 11,179 3,372
CURRENT ASSETS
Stock 13 38,563 - 38,563 53,728
Debtors 15 994 - 994 6,291
Investments 16 156,646 - 156,646 155,330
Cash at bank and in hand 17 139,737 2,406 142,143 326,414
335,941 2,406 338,347 541,763
CREDITORS: Amounts falling
due within one year 18 7,117 - 7,117 117,394
Net current assets 328,823 2,406 331,230 424,369
TOTAL NET ASSETS 340,002 2,406 342,408 427,741
FUND BALANCES
Unrestricted funds
General Funds 42,095 - 42,095 117,875
Designated funds 19 297,907 - 297,907 297,728
Restricted Funds 20 - 2,406 2,406 12,138
340,002 2,406 342,408 427,741

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006 however, in accordance with Section 145 of the Charities Act 2011, the accounts have been examined by an independent examiner and their report has been included in these financial statements.

The directors (who are the charitable company's trustees for the purposes of charity law) acknowledge their responsibilities for:

The financial statements have been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors and were signed on its behalf by:

Signed - Paul Mallett Treasurer/Director Date 8th September 2025 Company number: 05402066 Charity number: 1113515

The notes on pages 34 - 44 form part of these accounts.

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CASH FLOW STATEMENT

FOR THE YEAR ENDED 31MARCH 2025

----- Start of picture text -----
||||| |---|---|---|---| |Note|2025|2024| |£|£| |Cash flows from operating activities:| |Net cash provided by (used in) operating activities|A|(176,358)|56,377| |Cash flows from investing activities:| |Dividends, interest and rents from investments|9,910|1,536| |-|-| |Purchase of property, plant and equipment| |Purchase of cash investments that mature after three months|(156,646)|-| |Net cash provided by (used in) investing activities|(146,737)|1,536| |Change in cash and cash equivalents in the year|(323,095)|57,913| |Cash and cash equivalents at the beginning of the year|B|326,414|243,037| |Cash and cash equivalents at the end of the year|B|142,143|326,414|

----- End of picture text -----

The charity has no borrowings and an 'Analysis of changes in net debt' has not been presented.

Note A: Reconciliation of net income/(expenditure) to net cash flow from operating activities

----- Start of picture text -----
|||| |---|---|---| |2025|2024| |£|£| |Net income/(expenditure) for the reporting period (as per the| |statement of financial activities)|(85,332)|(27,642)| |Adjustments for:| |Depreciation charges|5,188|10,417| |Dividends, interest and rents from investments|(9,910)|(1,536)| |(Increase)/decrease in stocks|18,675|72,403| |(Increase)/decrease in debtors|5,296|(37,835)| |Increase/(decrease) in creditors|(110,277)|40,569| |Net cash provided by (used in) operating activities|(176,358)|56,377| |Note B: Analysis of cash and cash equivalents| |2024|2023| |£|£| |Bank current accounts|15,343|77,267| |Bank deposits|126,758|245,875| |Petty cash|41|3,272| |Total cash and cash equivalents|142,143|326,414|

----- End of picture text -----

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REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

NOTES TO THE ACCOUNTS

1 Statutory Information

The charity is a charitable company limited by guarantee and is incorporated in the United Kingdom. The company's registered number and registered office address can be found on the Company Information page.

2 Accounting Policies

These financial statements are prepared on a going concern basis, under the historical cost convention. They have been prepared in accordance with the "Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) ("the Charities SORP"), with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland ("FRS 102"), with the Companies Act 2006 and with the Charities Act 2011. The charity meets the definition of a public benefit entity as set out in FRS 102.

The principles adopted in the preparation of the financial statements are set out below.

a) Going Concern

The trustees (who are the charitable company's directors for the purposes of company law) have assessed whether the use of the going concern basis is appropriate and have considered possible events or conditions that might cast significant doubt on the ability of the charity to continue as a going concern. The trustees have made this assessment for a period of at least one year from the date of approval of the financial statements. In particular the trustees have considered the charity's forecasts and projections and the possible implications should projected income and / or expenditure vary unexpectedly. The trustees have concluded that there is a reasonable expectation that the charity has adequate resources to continue to operate for the foreseeable future. The charity therefore continues to adopt the going concern basis in preparing its financial statements.

b) Critical accounting estimates and areas of judgement

Key judgements which the trustees have made, which have a significant effect on the accounts include valuing donated goods. Prior to March 2023a valuation was only introduced when goods were distributed and this at a value of £2.37per kilo, as recommended by the Trussell (also see note h).

However, this meant that the valuation of stock held at year end was ignored and not included as an asset. Substantially, given that this value was considered to be substantial and variations in year end stock have a affect on on-going operations, it has been decided to commence valueing stock on donation (in accordance with the Trussell formula).

In addition, in the past a balancing donation entry has been included when donated goods were distributed. However, in practice, these figures never balanced each other at year end and therefore the agreed revised process will now reflect the accurate value of donated stock in and out.

c) Income Income including investment income is recognised in the period in which the charity becomes entitled to receipt, the amount receivable can be measured with reasonable certainty, and receipt is probable. For the most part, income is generally recognised when it is received. Income is only deferred when the charity has to fulfil conditions before becoming entitled to it or where the donor has specified that the income is to be expended in a future period.

Income from donations and legacies includes:

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REPORT AND ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2025

d) Expenditure

Expenditure, including irrecoverable VAT, is recognised when it is incurred or, if earlier, when a legal or constructive obligation for a payment arises provided that it is probable that settlement will be required and the amount of the obligation can be measured reliably.

The charity makes grants to other institutions and individuals to further its charitable objectives. Grants payable are recognised as constructive obligations arise, which is generally when the charity expresses a commitment to the recipient that can be measured reliably and then only to the extent that any conditions associated with the grant are outside of the control of the charity.

e) Expenditure continued

Governance costs, which are included in expenditure on charitable activities but are identified separately in the notes to the accounts, includes costs associated with the independent examination of the financial statements, compliance with constitutional and statutory requirements and any other expenditure incurred on the strategic management of the charity.

SORP requires charities with income over £500,000to allocate costs to the various activities undertaken by the charity. The nature of the work of the charity is considered to be so integrated that the core charitable activity costs are considered to be for the one activity.

f) Funds

g) Tangible fixed assets

Items purchased or donated for the charity's own use are capitalised when the cost of purchased items, or the fair value of donated items, is more than £5,000 and the item is expected to benefit the charity over more than one accounting period. Depreciation is charged on a straight line basis so as to write down the value of each asset to its estimated residual value (if any) over its expected useful economic life. To achieve this objective the following rates of depreciation are charged:

Motor vehicles 33% Office fixtures and equipment 25%

h) Stock (donated)

In accordance with note 2b above, donated stock is now valued on donation and recognised within the accounts, in accordance with the valuation recommended by Trussell, which is reviewed from time to time. Currently set at £2.77 per kilo (2024: £2.37per kilo).

Current asset investments comprise bank deposits and other cash investments that mature after three months and within twelve months. Current asset investments are recognised at fair value, which is generally their market value at the balance sheet date.

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FOR THE YEAR ENDED 31 MARCH 2025

j) Debtors

k) Creditors and provisions

l) Pension scheme arrangements

m) Taxation

The company is a registered charity; it has taken advantage of the various reliefs from taxation available to charities and no tax is payable on the charity's income.

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REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

3 Donations and legacies (monetary)

Donations and legacies (monetary)
Unrestricted Restricted Total Total
Funds Funds 2025 2024
£ £ £ £
Legacies - - - -
Donations - individuals 82,267 - 82,267 84,526
Donations - organisations 39,832 - 39,832 30,244
Gift Aid reclaimed 14,960 - 14,960 19,308
137,058 - 137,058 134,077

See note 12for further information

4 Donations in kind

Donations in kind
Unrestricted Restricted Total Total
Funds Funds 2025 2024
£ £ £ £
Donations of food & toiletries 259,234 - 259,234 232,615
Donations - Assets 12,995 - 12,995 -
272,228 - 272,228 232,615

In kind donations of food and other household goods were valued at £2.77per kilo (2024: £2.37) in line with recommendations of Trussell for all foodbanks within its network. (see note 13for further information).

5 Grants received

Grants received
Unrestricted Restricted Total Total
Funds Funds 2025 2024
£ £ £ £
Government grants - 16,000 16,000 75,000
Other grants receivable 25,772 114,254 140,026 63,466
25,772 130,254 156,026 138,466

see note 12for further information

6 Investment Income

6 Investment Income
Unrestricted Restricted Total Total
Funds Funds 2025 2024
£ £ £ £
Interest earned on cash deposits 9,910 - 9,910 1,536
9,910 - 9,910 1,536
7 Other Income
Unrestricted Restricted Total Total
Funds Funds 2025 2024
£ £ £ £
Stock Revaluation 9,068 - 9,068 -
Surplus on sale of fixed assets 2,179 - 2,179 -
11,247 - 11,247 -
Unrestricted Restricted Total Total
Funds Funds 2025 2024
£ £ £ £
8 Total Income 456,216 130,254 586,470 506,694

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REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

9 Charitable expenditure
Unrestricted Restricted Total Total
Funds Funds 2025 2024
£ £ £ £
a Direct Charitable Costs
Purchases; food & toiletries 46,938 47,903 94,841 88,850
Purchases; stock adjustment - - - (3,737)
Purchases; packaging & literature 3,852 - 3,852 2,768
In kind donations distributed 270,942 - 270,942 245,369
obsolete stock & waste 12,524 - 12,524 9,658
Client Directed Services (FI) - 85,254 85,254 40,709
Grants Given Out - 6,829 6,829 -
Staff costs 115,918 - 115,918 70,845
Vehicle running costs & sundry 9,975 - 9,975 8,317
Operations 1,813 - 1,813 1,930
461,962 139,986 601,948 464,710
b Support & Governance
Office & administration 10,544 - 10,544 12,413
Rent & other property costs 45,077 - 45,077 50,994
Fundraising Costs 1,235 - 1,235 -
Governance costs 7,810 - 7,810 5,567
Depreciation 5,188 - 5,188 652
69,854 - 69,854 69,626
Total expenditure 531,816 139,986 671,802 534,336
c Analysis of governance and support costs Support Governance Total Total
2025 2024
£ £ £ £
Office & administration 10,544 - 10,544 12,413
Rent & other property costs 45,077 - 45,077 50,994
Fundraising Costs 1,235 - 1,235 -
Depreciation 5,188 - 5,188 652
Subscriptions - 649 649 828
Legal & professional - 5,361 5,361 2,579
Accountancy 1,800.00 - 1,440 1,440 1,800
independent examination - 360 360 360
62,044 7,810 69,854 69,626

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REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

d Allocated as follows:
costs of raising funds 1,235 -
Charitable activities 68,619 69,626
69,854 69,626
e. Grant Marking Activities Total Total
Institutions Individuals 2025 2024
£ £
Relief of hardship - 6,829 6,829 -
- 6,829 6,829 -

Nil support costs allocated as administered as part of our Financial Inclusion Project

f Net income/(expenditure) for the year

This is stated after charging/(crediting) Total Total
2025 2024
£ £
Depreciation 5,188 652
Accountancy fees 1,440 1,800
independent examination's fee 360 360
6,988 2,812
10 Staff costs Unrestricted Restricted Total Total
staff costs during the year were as follows: Funds Funds 2025 2024
£ £ £ £
Gross wages and salaries 112,818 - 112,818 69,695
Pension costs 1,759 - 1,759 1,014
Staff & volunteer expenses 1,046 - 1,046 136
Training 295 - 295 -
115,918 - 115,918 70,845

No employee has employee benefits in excess of £60,000(2024: Nil).

The average number of staff employed during the year was 6 (2024: 5).

The average full time equivalent number of staff employed during the year was 5 (2024: 4).

The key management personnel of the charity comprise the trustees and the manager. The total employee benefits of the key management personnel of the charity were £21,445 (2024: £19,034)

11 Trustee remuneration and expenses, and related party transactions

Neither the management committee nor any person connected with them received any remuneration or reimbursed expenses during the year (2024: Nil).

Aggregate donations from trustees and related parties were £4,388 (2024: £4,310)

There are no donations from related parties which are outside the normal course of business and no restricted donations from related parties

No trustee or other person related to the charity had any personal interest in any contract or transaction entered into by the charity, including guarantees, during the year. (2024: Nil).

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REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

12 Grants and donations received

Grants and donations were gratefully received from the following organisations and public sector bodies:

Unrestricted Restricted Total Total
Funds Funds 2025 2024
Grants received £ £ £ £
Trussell Trust - Fin. Inclusion Project 12,788 85,254 98,042 40,709
Trussell Trust - Tesco 8,702 - 8,702 11,025
Trussell Trust - Sainsbury - - - 3,000
Trussell Trust - Asda 2,882 - 2,882 2,297
South West Communities - 2,000 2,000 1,000
Gloucestershire Comm Foundation - 2,000 2,000 -
Grants - other 1,400 - 1,400 435
J H Rausing Trust - 20,000 20,000 -
Beatrice Laing Trust - 5,000 5,000 -
Gloucester City Council - Household Support - 16,000 16,000 -
UK Government via Lottery - - - 75,000
The Summerfield Charitable Trust - - - 5,000
25,772 130,254 156,026 138,466
Donations received £ £ £ £
St Peters Catholic Church 4,344 - 4,344 4,745
HaVinG - - - 3,500
Enterprise Mobility 2,770 - 2,770 -
Aviva 2,700 - 2,700 -
St Andrews Knitters 2,750 - 2,750 -
Severn Towers Benefice 1,610 - 1,610 750
G.R. Lane Health Products Ltd 1,500 - 1,500 -
Holy Innocents Church, Highnam 1,500 - 1,500 81
Mariners Church 1,260 - 1,260 1,260
BAE Systems PLC 1,235 - 1,235 1,000
Ecclesiastical Insurance 1,200 - 1,200 1,200
Gloucester Vineyard Church 1,200 - 1,200 1,100
Gloucester Communities 1,200 - 1,200 1,200
Coventry Building Society 1,000 - 1,000 1,000
Lockheed Martin UK 1,000 - 1,000 -
Mazars Chartable Trust 1,000 - 1,000 -
Redeemed Church of God - Overcomers 1,000 - 1,000 -
Unite SW 2007Glos Bch 1,000 - 1,000 3,000
Renishaw PLC - - - 1,000
The Unity Lodge of the RAOB - - - 1,000
Elim Church - - - 1,000
Donations from Other organisations 11,562 - 11,562 7,497
Donations from Individuals 82,267 - 82,267 84,526
Gift Aid reclaimed 14,960 - 14,960 19,308
Donations - assets 12,995 - 12,995 -
Food/toiletries donated in kind (see below) 259,234 - 259,234 232,615
409,287 - 409,287 365,782

There were no unfulfilled conditions and contingencies attached to any grants or donations.

In kind donations of food and other household goods were valued at £2.77per kilo (2024: £2.37) in line with recommendations of Trussell for all foodbanks within its network. (see below for stock movements).

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REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

13 Stock for food & other household items for distribution only

2025 2025
(Kg) (£)
Opening Stock b/f 22,670.00 53,728
Revaluation 22,670.00 62,796
Donated In 92,840.92 257,169
returned in & stock adjusment 745.20 2,064
Purchased In 35,385.46 98,018
151,641.58 420,047
Less Stock Distributed 133,198.40 368,960
Less Damaged/out of date stock 4,521.37 12,524
Closing Stock c/f 13,921.81 38,563

Opening Stock revaluation in line with Trussell Trust's revised recommendations of £2.77 per kg; it was previously £2.37per kg.

Stock of 13,922kgs was held at year end with a value of £38,563 using Trussell's new guidelines of £2.77 per kg.

Note: This is not a liquid asset and is only to be donated to individuals in need.

35,385.46kg of food was purchased during the year for £94,840.53 to meet the required demand, which is valued at £98,017.72 using Trussell's guidelines as mentioned above.

2024
2.37 (Kg) (£)
Opening Stock 30,549.71 72,403
Donated In 98,149.78 232,615
Purchased In 35,912.70 85,113
164,612.19 390,131
Less Stock Distributed 137,867.09 326,745
Less Damaged/out of date stock 4,075.10 9,658
Closing Stock c/f 22,670.00 53,728

As Stock was not valued in years prior to 2023.2024, an opening stock revaluation of 30,549.71kgs with a value of £72,402.81 using Trussell Trust guidelines of £2.37 per kg.

Stock of 22,670kgs was held at year end with a value of £53,727.90using Trussell Trust guidelines of £2.37 per kg. Note: This is not a liquid asset and is only to be donated to individuals in need.

35,912.70kg of food was purchased during the year for £88,850.34 to meet the required demand, which is valued at £85,113.10 using the Trussell Trust guidelines as mentioned above. An net adjustment of -£3,737.24 for this can be found in Note 9a.

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REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

14 Tangible Fixed Assets

14 Tangible Fixed Assets
Motor Office Total
Vehicles Equipment 2024
£ £ £
Cost
At 1 April 2024 29,518 10,540 40,058
Additions 12,195 800 12,995
At 31March 2025 41,713 11,340 53,053
Accumulated depreciation
At 1 April 2024 29,518 7,167 36,685
Charge for the year 1,015 4,172 5,188
At 31March 2025 30,533 11,339 41,873
Net book value
At 31March 2025 11,179 - 11,179
At 31March 2024 - 3,372 3,372
15 Debtors Unrestricted Restricted Total
Funds Funds 2025 2024
£ £ £ £
Gift aid tax recoverable 994 - 994 1,001
Prepayments - - - 5,290
994 - 994 6,291
16 Current asset investments Unrestricted Restricted Total
Funds Funds 2025 2024
Cash deposits and similar cash investments
maturing after three months £ £
156,646 - 156,646 155,330
17 Cash at Bank and in Hand Unrestricted Restricted Total
Funds Funds 2025 2024
£ £ £ £
Bank current accounts 12,937 2,406 15,343 77,267
Bank deposits 126,758 - 126,758 245,875
Petty cash & gift cards 41 - 41 3,272
139,737 2,406 142,143 326,414
18 Creditors: liabilities falling due within one year Unrestricted Restricted Total
Funds Funds 2025 2024
£ £ £ £
Creditors & Accruals 7,117 - 7,117 19,352
Deferred Income - - - 98,042
7,117 - 7,117 117,394

Deferred income comprise grants received in advance for projects & other activities.

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Doc ID: c3abfe50b239b957598dbda15bda798dfc958da1

REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

19 Designated funds

During the year the movements in the charity's designated funds were as follows:

Opening Incoming Outgoing Transfers Closing
balance resources resources in the year balance
2025 2025 2025 2025 2025
£ £ £ £ £
Stock 53,728 268,302 283,466 - 38,563
Sunset Reserve - - - 102,633 102,633
6Mths Core Costs - - - 145,532 145,532
Contingency 244,000 - - (244,000) -
Fixed Assets - - 5,188 16,366 11,179
297,728 268,302 288,654 20,531 297,907

Name of designated fund Description, name and purposes of the fund Stock donated food & toiletries for on-forward distribution Sunset Reserve Minimum required to close charity well over a 3 month period 6 Months Core Costs Minimum needed to allow charity to continue to operate in the short/medium term. Figure being in addition to Sunset Reserve total. Contingency to be closed, as replaced by the above two designated funds Fixed Assets assets used in day to day operations

Designated funds continued

In the previous year the movements in the charity's designated funds were as follows:

Opening Incoming Outgoing Transfers Closing
balance resources resources in the year balance
2024 2024 2024 2024 2024
£ £ £ £ £
Stock 72,403 232,615 251,290 - 53,728
Relocation 170,000 - - (170,000) -
Contingency - - - 244,000 244,000
242,403 232,615 251,290 74,000 297,728

20 Restricted funds

During the year the movements in the charity's restricted funds were as follows:

Opening Incoming Outgoing Transfers Closing
balance resources resources in the year balance
2025 2025 2025 2025 2025
£ £ £ £ £
Household Support - 16,000 16,000 - -
Financial Inclusion - 85,254 85,254 - -
White Goods 9,235 - 6,829 - 2,406
Lottery - - - - -
Food & Toiletries 2,903 29,000 31,903 - -
12,138 130,254 139,986 - 2,406

Name of restricted funds Description, name and purposes of the fund Household Support Council's distribution of funding to support vulnerable households most in need, particularly with children. Funds used to food and toiletries Garfield Western Grant received towards core running costs - specifically, to help fund warehouse staff salaries

Financial Inclusion Trussell grant funding towards the provision of welfare benefits advice, support and casework services for people needing emergency food and others facing destitution. Project commenced 1st April 2023 and is initially for 3 years White Goods Npower grant to finance purchase of white goods for clients in need and are unable to finance such purchases from their own resources. Partnership now established with local retailer, Gillman's to facilitate this.

Lottery

UK Government grants split 80% towards purchase of food and toiletries for adults and families in need and 20% towards delivery and associated costs.

~~Funds used for the purchase of Food Various grants received to support vulnerable households most in need, particularly~~ & Toiletries with children. Funds used to food and toiletries

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Doc ID: c3abfe50b239b957598dbda15bda798dfc958da1

REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

In the previous year the movements in the charity's restricted funds were as follows:

Opening Incoming Outgoing Transfers Closing
balance resources resources in the year balance
2024 2024 2024 2024 2024
£ £ £ £ £
Household Support 29,124 - 29,124 - -
Garfield Weston 9,420 - 9,420 - -
Financial Inclusion - 40,709 40,709 - -
White Goods 9,235 - - - 9,235
Lottery - 75,000 75,000 - -
Food & Toiletries - 5,000 2,097 - 2,903
47,779 120,709 156,351 - 12,138

21 Analysis of net assets by fund

The assets and liabilities of the various funds were as follows:

Unrestricted Funds Unrestricted Funds
General Designated Restricted
funds funds funds 2025
£ £ £ £
Tangible fixed assets 11,179 - 11,179 - 11,179
Stock 38,563 - 38,563 - 38,563
Debtors 994 994 - - 994
Investments 156,646 - 156,646 - 156,646
Cash at bank and in hand 142,143 48,218 91,519 2,406 142,143
Creditors falling due within one year 7,118 (7,117) - - (7,117)
-1 42,095 297,907 2,406 342,409

In the previous year, the assets and liabilities of the various funds were as follows:

Unrestricted Funds Unrestricted Funds
General Designated Restricted
funds funds funds 2024
£ £ £ £
Tangible fixed assets 3,372 3,372 - - 3,372
Stock 53,728 - 53,728 - 53,728
Debtors 6,291 6,291 - - 6,291
Investments 155,330 - 155,330 - 155,330
Cash at bank and in hand 326,414 137,222 88,670 100,522 326,414
Creditors falling due within one year 117,395 (29,010) - (88,384) (117,394)
117,875 297,728 12,137 427,741

22 Lease Commitment

New lease on existing warehouse base signed on 2nd July 2024 for a term of 5years, at a rental of £18,000 pa plus VAT, with a rent review due 1st July 2027. An annual maintenance charge of £3,000plus VAT is also payable. The lease provides us with the right to terminate at any point with two months written notice.

23 Members

Each member of the company commits to contribute if the charity is wound up an amount of £10.

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Doc ID: c3abfe50b239b957598dbda15bda798dfc958da1

REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

DETAILED STATEMENT OF FINANCIAL ACTIVITES WITH COMPARATIVES

FOR THE YEAR ENDED 31 MARCH 2025

Unrestricted Funds Unrestricted Funds Restricted Total Unrestricted Funds Unrestricted Funds Restricted Total
General Designated Funds Funds General Designated Funds Funds
2025 2025 2025 2025 2024 2024 2024 2024
INCOMEFROM Note £ £ £ £ £ £ £ £
Donations and legacies:
Donations and legacies 3 137,058 - - 137,058 134,077 - - 134,077
Donated goods 4 12,995 259,234 - 272,228 - 232,615 - 232,615
Grants Received 5 25,772 - 130,254 156,026 17,757 - 120,709 138,466
Investments:
Interest earned on cash deposits 6 9,910 - - 9,910 1,536 - - 1,536
Other Income: 7
Stock Revaluation - 9,068 - 9,068 - - - -
Surplus on Sale of Fixed Asset 2,179 - - 2,179 - - - -
Total income and endowments 8 187,914 268,302 130,254 586,470 153,370 232,615 120,709 506,694
EXPENDITURE ON
Charitable activities 9 241,928 288,654 139,986 670,567 126,696 251,290 156,351 534,336
Raising funds 9d 1,235 - - 1,235 - - - -
Total expenditure 243,163 288,654 139,986 671,802 126,696 251,290 156,351 534,336
Net income/(expenditure) (55,248) (20,352) (9,731) (85,332) 26,674 (18,675) (35,642) (27,642)
Transfers between funds (20,532) 20,531 - - (74,000) 74,000 - -
Net movement in funds (75,780) 179 (9,731) (85,332) (47,326) 55,325 (35,642) (27,642)
Reconciliation of funds:
Total funds brought forward 117,875 297,728 12,138 427,741 165,201 242,403 47,779 455,383
Total funds carried forward 42,095 297,907 2,406 342,408 117,875 297,728 12,138 427,741

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Doc ID: c3abfe50b239b957598dbda15bda798dfc958da1