Company Number: 065EKJ738 Charity Number= 1124616 CHURCHES TOGETHER IN DORKING ANNUAL REPORT 31 DECEMBER 2023
CHURCHES TOGETHER IN DORKING ANNUAL REPORT forthe year ending 31 Dember2o23 TRUSTEES ANNUAL REPORT The trustees present their report and the financial statements of Churches Together in Dorking 1.the charity") for the year ended 31 December 2023. The financial statements have been prepared in accordafice with the accounting policies set out in the notes to the financial statements and comply with the Charities Art 2011, the Companies Act 2(K)6, the Memorandum and Articles of Association of the charitable company. and Accounting and Reporting by Ch3ritie5- Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 1021 (effective l January 20151. oBJEIVEs AND ACTIVITIES Charitable objective5 The Charity's objects are to develop the work of the Christian church in Dorking and the surrounding area by the advancement of the Christian religion.. relief of poverty, suffering, sickness and distress, the advanment of education and other such activities as are charitable and in accordance with English Law. Charitable activitle5 The chariws principal activity in pursuit of its charitable objectives is to act as a meeting point for local churches and their representatives to work together on specific project5 and coordinate joint worship events. There are currently 15 Christian member organizations. A key artivity has been the operation of the Foodbank. We also collect for a Fuel Fund to assist households having difficulty paying fuel bills. The charity helped the local authorities distribute the Household Support Fund allocated to them. The Methodist church no longer meets in Dorking, but the Dorking and Horsham Methodist Circuit have now taken over running the Christian Centre. The foodbank uses the Christian Centre café as its Distribution Centre. Foodbank The Dorking Area Foodbank supports anyone in Dorking and the svrrounding villages who. for whatever reason, have reached a financial crisis point and cannot afford to feed themselves. It's an organic community projett with local people giving food, money, and their time to help other local people in need. The foodbank is entrusted to manage and Coordinate these valuable and generous resources promptly, efficiently, and responsibly and operates under an agreement with The Trussell Trust. Of the 29.7 tonnes of food donated to us and supplemented by purchases by us in 2023, approximately two thirds were distributed via our twi-WeekIY foodbank sessions at the Chrsstian Centre, with the remainder distributed through other OUtaCh activities throughout the community. Our activities have continued to be particularly challenging this year for the Foodbank, which has strived io be creative and 5UPPOrtive in its artivities to support families who have suffered hardships because of the growing Cost of living crisis. Initiatives have included Christmas treat bags for each Foodbank client, hampers to another local charity, BESOM, 'Holiday Hungerf boost food bags, emergency food bags and breakfast bag5 for distribution by schools. We also provide fresh produce (including cheese and eggsl at the distribution centre in addition lo the tinned and dried food already provided. This is proving very popijlar with our clients. The foodbank currently works with 82 referral agencies. Our message to the referral agencies has always been not to delay in sending a client to the foodbank if they have any practical challenges in issuing a food voucher. When the Churches of Dorkin8 Housing Association Ltd closed in December 2023, they @ave the ground lease on two flats at 24 Howard Road to Churches Together in Dorking and thi5 bènefits the foodbank. These unoudltedfirC1ul stutements hove been subjected to independent exominorton. See reportonpoge 8
CHURCHES TOGEThER IN DORKING ANNUAL REPORT for the year ending 31 December2023 TRUSTEES ANNUAL REPORT Fuel Fund The Fuel fund supports anyone in DorkinB and the surrounding villages who, for whatever reason, have reached a financial crisis point and cannot afftjrd fuel. It is largely supported by the government Household Support Fund supplemented by those who donate their Winter Fuel Allowance. These funds are distributed through the foodbank. Household SL5PPOrt Fund Grants to alleviate hardship particularly in the winter and support households in need of essentials were received and were distributed by the Foodbank team. Amon@ these grants received in the year were £60,310 from Mole Valley District Council and Surrey County Council. The various uses they were put to included buying school uniforms and food and providing help with energy and water bills. ACHIEVEMENTS AND PERFORMANCE Food parce15 distributed Imeasured as'vouchers, redeemed- each household provides a voucher for each visit to the foodbank (but data classification was changed by Trussell Trust from l April 2023 with tomparable data unavailable for periods straddling the l April 2023 reclassification) so for the year to 31 March 2024: 1244 and in the vear to 31 December 2022 lon the previous Trussell Trust classificationl= 1131. In the year to 31 December 2023, 3 total of 3,345 people were fed, of which 1,925 were adults and 1.420 were children. In the year to 31 December 2022, 2,902 people were fed, of which 1,748 were adults and 1.154 were children. The school holiday b005t ba8s- 791 dtstributed to families in the year to 31 December 2023 including 266 at Christmas 2023. Number of referral agencies (who can issue vouchers for the foodbankl- 82. Number of current volunteers- 81. Fuel assistance- We continue to work with Energy Manage to deliver managed stjpport for clients with their fuel bills. From the launch of the new project in May 2023 until 31 December 2023 over 50 clients have been supported to get into a better position with their electricity and gas bills with over £17,000 of debt tackled. FINANCIAL REVIEW Financial results of activitle5 and events The activities of the charity generated total income of £184,63212022 £108.1091 and its total expenditure amounted to £136,99112022 £89.4791. The resulting surplu5 of £47,54012022 £18,630) has been added to charity funds. These unouditedfinonciol stotements have been subjected to independentextsminution. See reporton wge 8
CHURCHES TOGETHER IN DORKING ANNUAL REPORT for the year ending 31 Dember2O23 TRUSTEES ANNUAL REPORT Reserves pollcy The trustees recognize the need to provide reserves to ensure the long-term and efficient running of the Dorking Area Foodbank. a franchisee of the Trussell Trust.. _ l. The risk of losing the use of tht warehouse at short notice: In May 2024 the foodbank moved into another warehouse provided by Mole Valley District Council on a licence at a peppercorn rent. This licence can be terminated at three months, notice. When the foodbank 15 asked to Vacate the premises, the foodbank fates the risk of h)ving to provide warehousing space at short notice. Taking account of the continuing scarcity of suitable warehouse space available in Dorking. a reserve of £40,(K)O to provide warehouse space is considered prudent. 2. Recurrent annual expenditure: Prior to the Covid-19 pandemic it was thought prudent to make a reserve of 50% of annual recurrent expenditure, which at the end of 2023 would have been £50,839. The Trussell Trust has advised that increased need is likely to continue for up to 5 year5 after the end of the pandemic duè to the downturn in economic activity. but that increased financial donations are likely to return to previou5 lower levels after the end of the pandemic. Accordingly. the Trussell Trust advised foodbanks to take account of this mismatch between the likely need and the likely reduction in financial donations in their reserves policy. The impact of the Cost-of- Living crisis is felt by our clients with the increase in the price of essentials including food and utility bills. which for many in the community h85 not been compensated for with increase5 in income. The foodbank is meeting increased costs at the new warehouse including paying for heating and lighting for the first time and in the increased cost of employing staff including a cost-of-living salary increase agreed from l April 2024. We estimate the combined extra warehouse and salary costs at some £15,IX)O. The reserve at the end of 2023 for annual recurrent expenditure is therefore set at £96,500 which 15 approximately 80% of the annual expenditure in 20231£101,7791 plus 100% of the increased costs at the warehouse and on salaries. In view of these factors, the total reserve for the foodbank has been set at £136.500 as at December 2023 which will be reviewed by the trustees when considered appropriate. Going concern The trustees have reviewed the financial forecasts for the charity and have considered its anticipated income and expenditure commitments for a period of tWee months from the date of approval of this trustees, annual report. The trustees believe that the charity has adequate resotjrces and the reserves needed to operate for at least the next twelve months and to meet its liabilities. The trustees therefore continue to adopt the going concern basis in preparing the financial statements. Prlnclpal rlsks and uncertaintles The trustees regularly review the rtsks to which the charity might be exposed, safeguarding and health and safety, and risks which are covered by insurance. The most serious risk is that the charity fails to secure sufficient funds to 511PPOrt its activitie5. These unauditedfinonciul stuternents hove been subjetted to independent exominotion. See reporton poge8
IURCHES TOGETHER IN DORKING ANNUAL REPORT for the year ending 31 December2023 TRUSTEES ANNUAL REPORT STRucfuRE. GOVERNANCE AND MANAGEMEI Status and Hlstory Churches Together in Dorking is a registered charity. and a compar¢y limited by guarantee. not having share capital. Every member undertakes to contribute an amount not exceeding £10 to the assets of the charity in the event of the charity being wound-up during the period of membership. or within one year theafter. Churches Together in Dorking loriginally known as Churches Together in Dorking Limited) was incorporated on 9 April 2008 and became a registered charity on 20 June 2008. The charity is governed by Ihe rules and regulations set down in its company Mernorandum and Articles of Association dated 9 April 2008. Method of Recruitment and Appointment of Trustee5 The charity's Memorandum and Articles of Association sets out how trustees are to be appointe(l. Trustee Responslbilities in the Preparation of Financial Statements The trustees (who arè also the directors of Churches Together in Dorking for the purposes of company lawl are sponsible for preparing the trustees, annual report and the financial statements in aecordance with applicable law and regulations. Company law requires the trustèes to prepare financial statements for each financial year. Under that law, the trustees are preparing the financial statements in accordance with United Kingdom Accounting Standards Iunited Kingdom Generally Accepted Accounting Practice and applicable lawl. Under company law, the trustees must not approve financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of its incoming resources and application of resource5, including its income and expendsture, for that period. In preparing those financial ststements, the trustees are required to.. select suitable accounting policies and then apply them consistently. observe the methods and principles in the Charitie5 SORP. make judgements and accounting estimates that are reasonable and prudent. state whether applicable UK Accounting Standards have been followed. subject to any matèri31 departures disclosed and explained in the financial statements,. and prepare the financtal statements on the going concern basis, unless it is inappropriate to presume that the charity will continue in business. The trustees are responsible for keeping adequate accountin8 records that are sufficient to show and explain the chariws transactions and disclose with asOnable accuracy at any time the financial position of the charity and efiable them to ensure that the financial statements comply with the Companies Act 2(K16. They are alw responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularitie5. During 2023 CTD opened a deposit 3ccotJnt with CAF Bank to take advantage of the higher interest rate paid to this type of accovnt. Most of our money was transferred to this account, leaving a smaller amount in the current account for day-to-day transactions. Independent Examiner David Bassett FCCA, as the charitV5 independent examiner, has indicated his willingness to continue as the CharitV5 independent examiner. These unuuditedfinonciolstotements hove been subjerted to Independent exomlnatlon. See report on poge 8
ANNUAL REPORT for the year endln8 31 Decernber2023 CHURCHES TOGETHER IN DORKING TRUSTEES ANNUAL REPORT Statement as to Disclosure of Informatlon to the Independent Examiner The trustees and dirertors at the date of approval of thss trustees, annual report confirm that so far as each of them is aware, there is no relevant information of which the independent examiner is unaware. and the trustees and irectors have taken all steps that they ought to have taken to make themselves aware of any relevant information and to establish that the independent examiner is aware of that information. REFERENCE AND ADMINISTRATIVE DrrAIiS The trustees of the charity, who are also the directors of the company, have held office throughout the year except a5 where stated. The Trustees and directors are as follows=_ Rosemary Elias (Chairl Nicola Freeman (from 15 December 20231 Paul Gough luntil 3 August 20231 Wayne Kitcat (Secretaryl Justine Ryan (from 15 December 20231 David Wells (until 15 December 20231 The principal address of the charhty and the registered office of the company i5- The Presbytery, 2, Falkland Grove. Dorkin& Surrey, RH4 3DL. The charity is registered under the charity number 1124616. The company is incorporated whth the company registration number 06560738. The trustees have made the following appointment.. Independent Examiner-. Davitl Bassett, Tamar, Harrow Road East, Dorking, RH4 2AX. Treasurer.. David Wells. 2 Norfolk Road. Dorking. RH4 3JA. Management= Day to day management of the operatbon of the Dorking Area Foodbank is undertaken by K3ty Harris at the Food Bank office, The Christian Centre, Church Street, Dorking. RH4 IDW Bank.. CAF Bank Ltd. 25 Kings Hill Avenue, Kings Hill, West Malling. Kent ME19 4JQ. EXEMPTIONS FROM DISCLOSURE No exemptions from the disclosure requirements applicable to a sm311 charity have been taken in this tiustees, annual report. INVESTMENTS HELD Ground le35e on flats at 24 Howard Road, Dorking. No valuation has been obtained of this holding. FUNDS HELD AS cusfoDIAN TRUSTEE ON BEHALF OF OTHERS The charity maintain5 restricted funds to deal with incoming resources that are earmarked for a particular purpose by donors and other funders. The Charity does not hold funds as a custodian trustee on behalf of third parties. These unuuditedfinonciol stutements hove been subjerted to independent examinution. See reporton poge 8
CHURCHES TOGEFHER IN DORKING ANNUAL REPORT for the year ending 31 De¢ember2023 TRUSTEES ANNUAL REPORT APPROVAL OF TRUSTEES ANNUAL REPORT This report was approved by the trustees on board bv Wayne Paul Kitcat . rustee zr ..September 2024 These unauditedfinonctolstotements hove been subjetted to independentexominution. See reportonpoge 8
CHURCHESTOGEfHER IN L)ORKING ANNUAL REPORT forthe year ending 31 December2023 INDEPENDENT EXAMINER'S REPORTTOTHE TRUSTEES OF CHURCHESTOGETHER IN DORKING I report on the financi?1 ststements of Churches Together In Dorkin8 Icharity No. 1124616- Company No. 065607381 for the year ended 31 December 2023. which are set out on pages 9 to 16. Respective resF*Jnsibilitres of trustees and examiner The charity trustees Iwho are also directors of the company for the puiposes of company lawl arè responsible for the preparation of the financial statements. The trustees consider that an audit is not required for this year under section 144 olthe Chaflties Art 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to= examine the financial statements under settion 14S of the Charities Art,. follow the procedures laid down in the general Directions given bythe Charity Commission under section 14515llbl of the Chèrities Act.. and state whether rnatters h3ve come to my attentlon. Basis of Independert examinerfs ststement My examination was Carried out In accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a compari50n of the financial statements presented with those records. It also includes consideration of 3ny unusual items or disclosures in the financial statements and seeking explanatlons from you as trustèes Conrning any such matters. The procedures undertaken do nol provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the financial statements present a~true and fair vie%¢. and the report is limited to those matters set out in the statement below. Independent examinerfs statement I have completed my examrnation. I confirm that no material matters have come to my attention, which gives me ¢ause to believe that.. accounting records weTe not kept in accordance with section 386 of the Companies Act 21X)6- or the accounts do not accord with such records- or the accounts do not comply with relevant accounting requirements under section 396 of the Cornpanies Act 2(¥)6 other than any requirement that the accounts give a'true and fairf view which is not 3 matter considered as part of an independent examination= or the accounts have not been prepared in accordance with the Charities SORP IFR51021 I have no concerns and have come across no other matters in connection with the examination to whlch attentSon should be drawn in this report in order to enable a proper understsnding of the accounts to be reached. David Bassett FCCA Tamar Harrow Road East Dorklng Oate.. * trseptember 2024 These uThiudltedflnonci015tcternents hove been subJe(ted to independent e¥orninorlon. See report on poge 8
CHURCHES TOGETHER IN DORKING ANNUAL REPORT for the Yèar ending 31 December2023 VITIE Unrestrirted Funds Restricted Funds Total Funds 2023 Total Funds 2023 2023 2022 INCOME AND ENDOWMENTS FROM: Notes Donations and legacies 960 123,362 124.322 108,109 Local atsthority grants 60.310 60,310 TOTAL 960 183,672 184,632 108,109 E&PENDITURE ON: Charitable Activitie5 ioi 136,991 137,092 89,479 NET INCOME AND NETMOVEMENTIN FUNDS 859 46,681 47.540 18,630 RECONCILIATION OF FUNDS Fund balances brought forward at l January 2023 FUND BALANCES CARRIED FORWARD AT 31 DECEMBER 2023 10,298 108,956 119,254 l(K),624 11,157 155,637 166,794 119.254 These unouditedfinonciul stutements hf3ve been subjected to independent exominotion. See reporton poge 8
ANNUAL REPORT forthe year ending 31 December2023 CHURCHES TOGETHER IN DORKING BALANCE SHEET Notes 2023 2022 FIXED ASSETS Investments 902 CURRENT ASSETS Debtors and Prepayments 3,269 1,825 Cash at the bank and in hand 163,414 166,683 118,034 CURRENT ASSETS 119,859 Creditors.. amounts falling due within one year 791 605 NET CURRENT ASS$ 165.892 119,254 TOTAL ASSETS LESS CURRENT LIABILITIES 166,794 119,254 FUNDS OF THE CHARir Notes 2023 2022 Unrestricted fund5 Restricted funds 11,157 155.637 10.298 108,956 119,254 TOTAL CHARITY FUNDS 166.794 For the year ended 31 December 2023, the charity wa5 entitled to exemption from audit under section 477 of the Companies Act 20061-the ACY'I relating to small companies. The trustees, and directors, respon5ibilities'. The members have not required the charity to obtain an audit of its financial statements for the year in question in accordance with section 476 of the Act, The trustees and directors acknowledge their sponSibl11t7eS for complying with the requirements of the Art with respect to accounting records and the preparation of fillancial statements. The financial statements were approved by the trustees and authorized for issue on 2srYS. 2024, and are signed on their behalf bv.. Wayne Kitcat... . Trustee 25"" -.September 2024 These unouditedfinonciol statements hove been subjerted to independent exominotion. See reporton poge 8 io
CHURCHES TOGEfHER IN DORKING ANNUALREPORT for the year ending 31 De¢ember2023 STATEMENT OF CASH FLOWS 2023 202Z CASH FLOWS FROM OPERATING ACTIVITIES Net cash provided by operating activities CHANGE IN CASH AND CASH EQUIVALENTS 45,380 18,502 18.502 45,380 118.034 Cash and cash equivalents at the beginning of the reporting period CASH AND CASH EQUIVALENTS AT THE END OF THE REPORTING PERIOD 99,532 118.034 163.414 These unuuditedfinonciolstotements hove been 5ubjecttd to IndepereteXQMintI0n. See report on poge 8 li
ANNUAL REPORT for the year ending 31 December2023 CHURCHES TOGETHER IN DORKING NOTES TO THE FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS I. ACCOUNTING POLICIES Basis of accounting These financial statements have been ppared in accordance with FRS 102 Yhe Financial Reporting Standard applicable in the UK and Republic of Ireland. the requirements of the Companies Art 2(X)6 and under the historical cost convention. Within the definitions of FRS 102. the charity is a public benefit entity. The financial statement5 have been prepared in accordance with the accounting policies set out in the notes to the financial Statements and comply with the Charities Act 2011, the Companies Art 2m6. the Memorandum and Articles of Association of the charitable Company, and Accounting and Reporting by Charities-. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffettive I january 20151. Going concern The trustees have reviewed the financial forecasts for the charity and have considered its anticipated income and expenditure commitments for a period of twelve months from the date of approval of these financial statements. The trustee5 believe that the charity has adequate resources to continue in operational existence for at least the next twelve months and to meet all its liabilitie5 during that period as they fall due. For that rea5011, the trustees continue to adopt the going concern ba515 in preparing the financial statements. Income General donation5 anil other similar types of voluntsry income are brought into account when receivable and donated income is included gross of any attributable tax recoverable. where relevant. Donations given for specific purposes are treated as restricted income. Grants The charity received grants from local 8overnment which had conditions as to how they were used, and these are shown Separately within restricted funds. The details of grants received, and amount spent are shown in note 6 with details of the impact being given in the Trustee's Report on Page 2 under Achievements and Performance. Donations to the fo¢>dbank Donations of food collected and distributed are measured by weight. The weight colletted and distributed during the yeèr is disclosed in note 6. The Trussell Trust recommends that we use £2.37 per kg for 2023 Iwhich was the same for 20221 to calculate the value of these donations. Expenditure Resources expended afe allocated to the charivs principal activtty as direct costs, where the costs can be identified as being directly related to that activity. Any costs that cannot be specifically categoriied are allocated in proportions based upon a suitable ratio applicable to the nature of the cost involved. These unauditedfintinciolstotements huve been subjerted to independent exominatlon. See report on poge 8 12
CHURCHES ToGHER IN OORKING ANNUAL REPORT for the year ending 31 December2023 NOTES TO THE FINANCIAL STATEMENTS Taxation The company is a registered charity and, as such, its income and gains falling due under section 471 to 489 of the Corporation Tax Act 2010 or section 256 of the Taxation of Chargeable Gains Act 1992 are exempt from corporate tax to the extent that they are applied to its charitable objectives. Fund accountlng The general fund comprises the accumulated surpluses of unrestricted incoming resources over resources expended, which are available for use in furtherance of the general objectives of the charity. Restricted funds are funds sijbject to specific conditions imposed by donors. The purpose and use of the restricted funds are set out in the Trijstee's Report on pages l and 2. 2. DONATIONS AND LEGACIES Unrestrlcted Restrlcted Funds Funds Total Funds Unrestrirted Restricted Furtds Funds Total Funds 2023 2023 2023 2022 2022 2022 Subscriptions CODHAL donation 960 960 10,902 99,495 1.063 1.077 1,077 10.902 99,495 1.063 Other donations 1,018 81 62.683 63,701 81 Bank interest Grantsfrom.. Tru55ell Trust Mole Valley District Council Surrey County Council 11,902 11,902 40,930 40,930 20,0(KJ 20,000 19,380 19.380 18,250 18,250 960 183,672 184,632 2.176 105,933 108.109 These unouditedfinanciulstotements hove been subjerted to independent exumination. See report on puge 8 13
ANNUAL REPORT for the year endlng 31 December2023 CHURCHES TOGETHER IN DORKING NOTES TO THE FINANCIAL STATEMENTS 3. CHARITABLE ACTIVITIES Unrestricted Restricted Funds Funds Total Funds Unrestrltted Restrlcted Funds Funds Total Funds 2023 2023 2023 2022 2022 2022 Staff costs (see note 41 21,553 21.553 14,934 14.934 Bank charges Insurance Administrative costs Food Bank expenditure Fuel Fund expenditure MVDC Grant expenditure SCC Grant expenditure 66 66 437 2,785 46,260 20,361 32.058 13.572 137,092 92 92 437 35 2,750 46.260 20,361 32,058 13,572 136,991 180 2(L) 4,134 31.801 4,314 32,001 21,135 17.003 89,007 21.135 ioi 472 89,479 4. STAFF COSTS Unrestricted Funds Restrlcted Funds Total Funds Total Funds 2022 2023 20Z3 2023 Salary and wages Employers pension contributions Total staff costs 21,553 21.553 14,934 21,553 21,553 14.934 The average monthly number of employees was 512022.. 31 and all are part-time which equates to the equivalent of 1.4612022- 0.961 of full-time employee5. All employees are engaged only in charitable activities. 5. Creditors: amounts falllng due within one year 2023 2022 Rent for foodbank Mobile phone rental Tax&NI 165 402 224 605 791 605 These unouditedfinonciolstotements hove been subjected to independentexominution. See Teport on page 8 14
CHURCHES TOGETHER IN DORKING ANNUAL REPORT for the year ending 31 December2023 NOTES TO THE FINANCSAL STATEMENTS 6. THE FUNDS OFTHE CHARrrY Movement in 2023 Balante at Income Expenditure Balance at 111123 31112123 Unrestrirted funds 10.298 960 ioi 11,157 Restrirted funds Foodbank 104,802 104.976 70.886 138.792 Fuel fund 2,665 18,386 20,361 690 SCC winter hardship grant 1,489 19,380 13,572 7,297 MVDC household support grant 40.930 183,672 32.059 8.871 Total Restrirted funds 108.956 136,991 155,650 TOTAL CHARITY FUNDS 119,254 184,632 137,092 166.807 The charity purchases supermarket vouchers for Clients to supplement food donated. At the end of 2023 the charity held £250.(K) of vouchers that had not yet been distributed Movement in 2022 Balance at Income Expenditure Balance at 111122 31112122 Unrestritted funds 8.594 2.176 472 10,298 Restricted furtds Foodbank 90,653 65,018 50,869 104,802 Fuel fund 2,665 2,665 SCC winter hardship grant 242 18,250 17,tK)3 1,489 MVDC household support grant 1,135 20,(XX) 21,135 Total Restricted funds 92.030 105,933 89.(M)7 108.956 TOTAL CHARITY FUN05 100.624 108,109 89,479 119.254 6.1. Foodbank The Foodbank administers specbfic monetary donations by churches, organizations and individua15 ¢over5ng Dorking and the Surrounding villages. These unauditedfinanciol stotements huve been subjetted to independent exominotion. See report orj page 8 15
CHURCHES TOGEfHER IN DORKING ANNUAL REPORT for the year endlng 31 December2023 NOTES TO THE FINANCIAL STATEMENTS The value of the 33.7 tonnes of goods distributed during 2023 wa5 equivalent to a value of £79,86912022 £74,892). The stock 15 valued at £2,370 per tonne las for 20221 forthe food and goods donated and distributed. 6.2. Fuel Fund The Fuel fund represents specific monetary donations by churches, organizations, and individuals to assist those who are having difficulty paying for heating. 6.3. Wintsr Hardship Fund This fund represents specific monetary grants made by Surrey County Council (SCCI for relief of winter hardship. The charity provides reports to SCC on the use of this fund. 6.4. Household Support Fund This fund represents specific monetary grants made by Mole Valley District Council IMVDCI for household support. The charity provides reports to MVDC on the use of this fund. 7. FIXED ASSEf INVESTMENT Churches Together in Dorking held one Share in the Churche5 of Dorking Housing Association I'CODHAL'I which Ceased operating on 30 December 2023. On CODHAL'S closure, it donated the ground lease on the fl3ts at 24 Howard Road. Dorking to Churches Together in Dorking to benefit the foodbank. The Sease is generates an income of £200 a year to the foodbank. CODHAL also donated £IO.Om to the foodbank and donated £902 to cover the legal fees incurred in transferring the leasehold. The foodbank now receives the ground rent from each flat. due on 25 March each year. The lease on the lower flat expires on 24 December 2175. The lease on the upper flat expires on 26 November 2143. The table below lists the ground rent from each flat. The charity receives no other payment from these flats and has no financial liability for any repair5 that may be needed. Annual rent Lower flat until Upper flat until 26 November 2051 £1 25 December 2047 £2] 25 December 2080 26 November 2084 25 December 2113 26 November 2117 24 December 2175 26 November 2143 8. FUNOS HELD AS CUSTODIANS FOR OTHER CHARITIES No fund5 were collected or held on behalf of other charities during the year. 9. RELATED PARTY TRANSAcfioNS None of the trustees lor any person5 related to them) recetved any remuneration during the current or previou5 period. The trustees made total donations of £803 during the year 2023, this compares with £2237 in 2022. There were no transactions undertaken with related parties during the current or previous year apart from the monthly direct debit payment for the Foodbank's mobile phone which is paid from a trustee's personal accour>t for which reimbursement is obtained periodically12023 £4021. Also, PAYE tax and Nl12023 £2241. These unouditedfinunciolstoternents h(Jve been subjected to independent exumination. See report on pages 16