Company Number: 06560738 Charity Number: 1124616 CHURCHES TOGEfHER IN DORKING ANNUAL REPORT 31 DECEMBER 2024
CHURCHES TOGEfHER IN DORKING ANNUAL REPORT for the year ending 31 December2024 TRUSTEES ANNUAL REPORT The trustees present their report and the financial statements of Churches Together in Dorking ("the chariv) for the year ended 310ecember 2024. The financial statements 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 Act 2006. the Memorandum and Articles of Association of the charitable company, and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparingtheir accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021 (effective l January 20151. OBJECTIVES AND AcnvmES Charitable objectives The Charity's objerts are to developthe 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 advancement of education and other such activities as are charitable and in accordance with English Law. Charitable actlvltles The charitys principal artivity in pursuit of its charitable objertives is to act as a meeting point for local churches and their representatives to work tO8ether on specrfic projects and coordinate joint worship events. There are currentlv 15 Christian member or8anizations. A key activity 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 Dorkin8, but the Dorkin8 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 Dorkin8 Area Foodbank supports anyone in Dorking and the surrounding villages who, for whatever reason. have reached a financial Crisis point and cannot afford to feed themsefves. IYS an organic community project with local people giving food, money, and their time to help other locèl people in need. The foodbank is entrusted to manage and coordinate these valuable and generous resources promptly, efficiently, and responsibly and operates under an a8reement with The Trussell Tnjst. Of the 31.1 tonnes of food donated to us and supplemented by purchases by us in 2024, approximately two thirds were distributed via our twtce-weekly foodbank sessions at the Christian Centre, with the remainder distributed through other outreach actwities throughout the community. Our activities have continued to be particularly challenging this year for the Foodbank. which has strived to be creative and supportive in its activities 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 bags for distribution by schools. We also provide fresh produce {includin8 cheese and eggs) at the distribution centre in addition to the tinned and dried food already provided. This is proving very popular with our dients. The foodbank currently works with 93 referral agencies. Our message to the referral agencies has always been not to delay in sendin8 a client to the foodbank if they have any practical challenges in issuing a food voucher. When the Churches of Dorking Housing Association Ltd closed in December 2024, they gave the 8round lease on two flats at 24 HovRrd Road to Churches Together in Dorkin& and this beneffts the foodban These unauditedfinanci015totements hove been Subjected to independent exominotion. See report on poge 7
CHURCHES TOGETHER IN DORKING ANNUAL REPORT for the year endFng 31 December2024 TRUSTEES ANNUAL REPORT Fuel Fund The Fuel fund supports anyone in Dorking and the surrounding villages who. for whatever reason, have reached a financial crisis point and cannot afford fuel. It is largely supported by theEovernment Household Support Fund supplemented by those who donate their Winter Fuel Allowance. These fvnds are distributed through the foodbank. Household Support 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. Among these grants received in the year were £55,500 from Mole Valley District Council and Surrey County Council. The various uses they were put to included buying school uniforms and food and providin8 help with energy and water bills. ACHIEVEMENTS AND PERFORMANCE Food parcels distributed In the year to 31 December 2024. a totsl of 3.483 people were fed. of which 1.956 were adults and 1,527 were children. In the year to 31 December 2023, 3,235 people were fed, of which 1889 were adults and 1,346 were children. School holiday support- 791 food bags distributed to families in the year to 31 December 2024 including 266 at Christmas 2024 Number of referral agendes (who can issue vouchers for the foodbank) - 93. Number of current volunteers-83 Fuel assistance- We continue to work with Ener8y ManaBe to deliver managed support for clients with their fuel bills. From the launch of the new project in May 2024 until 31 December 2024 over 50 clients have been sUPPOrted to get into a better position wrth their electricity and gas bills with over £17,CrfJ) of debt tackled. FINANCIAL REVIEW Flnancial results of activities and events The actNitie5 Qf the charity generated total income of £110,346 (2023 £184.632) and its total expenditure amounted to £104,7CM)12023 £137,092). The resulting surplus of £5.646 (2023 £47,540) has been added to charity funds. These unouditedfinancialstotements hove lyen 5ubjerted to indepermlentexomination. See report on puge 7
CHURCHES TOGETHER IN DORKING ANNUAL REPORT for the year ending 31 December2024 TRUSTEESANNUAL REPORT Reserves pollcv The trustees recognise the need to retain reseNes to ensure the long-tenn and efficient running of the Dorking Area Foodbank. They have carried out a review of the key finanoal risks for the charity and have identwfied three main issues: a) Potential loss of the use of the warehouse- in May 2024. the Foodbank moved into a warehouse provided by Mole Valley Distrirt Council on a licence at a peppercorn rent. This licence can be temiinated with three months, notice. If the Foodbank was asked to leave this warehouse, it would be necessaryto obtain alternative space Dorking for the warehouse and office, however, there are few affordable options available locally. b) Reduction in financial and food donations- We have seen reductions in both financial donations and donations of food over the last few years, since a peak in awareness of the activity of foodbanks during and immediately afterthe Covid-19 pandemic. The Trussell Trust has recognised that this reduction is unlikely to reverse, and donations are likely to revert to pre-pandemic levels. We have also benefited from donations from Mole Valley Distritt Council and Surrey County Council for the last few years. It is not certain that these will continue. given the likely restructuring of local government. c) On-going need for the Foodbank- the Trussell Trust have advised us to expect continuing need from our clients due to the "cost of living crisis" with increased prices for essentials including food and utilities and no increase in tncome. The trustees consider that the reserves held by the charity at the end of 2024 a adequate to address these risks. 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 this trustees. annual report. The trustees believe that the charity has adequate resources 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 uncertainties The trustees regularly review the risks 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 support its artivities. These unauditedfirtonciolstotements have been 5ubjerted to ITndependent exominotion. See rewrt on poge 7
CHURCHES TOGEfHER IN DORKING ANNUAL REPORT for the year ending 31 December2024 TRUSTEESANNUAL REPORT STRucfuRE, GOVERNANCE AND MANAGEMENT Status and History Churches Together in Dorking is a registered tharty, and a company limited by guarantee, not having share capitsl. 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 yearthereafter. Churches Together in Dorking {originally known as Churches Together in Dorking Limited) was incorporated on 9 April 2008 and became a registered charity on 20 June 2(K)8. The chartty is governed bythe rules and regulations set down in its company Memorandum and Articles of Association dated 9 April 2008. Method of Recrultment and Appolntment of Trustees The charivs Memorandum and Articles of Association sets out how trustees are to be appointed. Trusteeg Responslbllltles in the Preparatlon of Flnanclal Ststements The trustees (who are also the dirertors of Churches Together in Dorking for the purposes of company lawl are responsible for preparing the trustees, annual report and the financial statements in accordance with applicable law and regulations. Company law requires the trustees 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 (United Kingdom Generally Accepted Accounting Practice and applicable lawl. Under company law, the trustees must not approve financial statements unle55 they are satisfied that they give a true and fair view of the state of affairs of the charity and of its incomin8 resources and application of resources, including its income and expenditure. for that period. In preparing those financial statements, the trustees are required to: select suitable accountin8 poIKies and then apply them consistently. observe the method5 and principles in the Charities SORP. make judgements and accountin8 estimates that are reasonable and prudent. state whether applicable UK Accounting Standards have been followed. subjert to any material departures disclosed and explained in the financial statements; and prepare the financial 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 accounting records that are sufficient to show and explain the charit5 transactions and disclose with reasonable accuravi at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Att 26. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irre8ularities. During 2024 cfD continued to take advantage of the higher interest rate paid to a deposit account with CAF Bank. Most of our money was transferred to this account, leaving a smalleramount in the current account for day-to-day transactions. Independent Examiner David Bassett FCCA, as the chariVs independent examiner. has indicated his willingness to continue as the Charitls independent examiner. ststement as to Dlsclosure of Information to the Independent Examiner The trustees and dirertors at the date of approval of this trustees, annual report confimi 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 These unouditedfinonuolstotements have been subjected to independent examination. See report on page 7
CHURCHES TOGETHER IN DORKING ANNUAL REPORT for the year ending 31 December2024 TRUSTEES ANNUAL REPORT directors 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 DETAILS The trustees of the charity, who are also the d1CtOrS of the company, have held office throu8hout the year except as where stated. The Trustees and director5 are a5 follows". - Rosemary Elias (Chairl Nicola Freeman {from 15 December 20231 Wayne Kitcat (Secretary) Justine Ryan (from 15 December 2023) Paul Studley (from 8 April 20251 The principal address of the charity and the registered office of the company is: The Presbytery, 2, Falkland Grove. Dorkin& Surrey. RH4 3DL. The charity is registered under the charity number 1124616. The company is incorporated with the company re8iStration number 06560738. The trustees have made the following appointment: Independent Examiner: David Bassett, Tamar, Harrow Road East, Dorkin& RH4 2AX. David Wells. luntil 3 1 December 20241 Catherine Matthews, {With effect from l January 2025 Management: Day to day management of the operation of the Dorking Area Foodbank is undertaken by Katy Harris at the Food Bank Office. The Christian Centre. Church Street. Dorking. RH4 IDW CAF Bank Ltd. 25 Kings Hill Avenue. Kings Hill. West Mallin& Kent ME19 4JQ. EXEMPTIONS FROM DISCLOSURE Treasurer- Bank: No exemption5 from the disclosure requirements applicable to a small charity have been tsken in this trustees. annual report. INVESTMENTS HELD Ground lease on flats at 24 Howard Road. Dorking. No valuation has been obtained of this holding. FUNDS HELD AS CUSTODIAN TRUSTEE ON BEHALF OF OThERS The charity maintains restricted funds to deal with incoming reSoUrS that are earmarked for a particular purpose by donors and other funders. The Charity does not hold fund5 a5 a custodian trustee on behalf of third parties. APPROVAL OF TRUSTEES ANNUAL REPORT This report was approved by the trustees on 25 August 2025, and was signed for and on behalf of the board by Wayne Paul Kitcat .. ustee . 2025 These unauditedfinonciolstotements have been subjected to independent exominotion. See report on page 7
CHURCHES TOGEThER IN DORKING ANNUAL REPORT for the year ending 31 December2024 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CHURCHES TOGETHER IN DORKING I report on the financial statements of Churches Together in Dorking (CharTty No. 1124616; Company No. 065607381 for the year ended 310ecember 2024. which are set out on pages 8 to 15. Respective responsibilities of trustees and examiner The charity trustees {who are also directors of the company for the purposes of company law) are responsible for the preparation of the financial statements. The trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to: examine the financial ststements under section 145 of the Charities Act. follow the procedures laid down in the 8eneral Dirertions given by the Charity Commission under settion 145 {5llbl of the Charlties Act: and state whether matters have come to my attention. Basi5 of independent examinerfs statement My examination was carried out in accordance with the general Directions gIn by the Charity Commission. An examination includes a review of the accounting cOrdS kept by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not proVe all the evidence that would be required in an audit, and Consequent no opinion is given as to whether the financial statements present a -true and fair vie, and the report is limited to those matter5 set out in the statement below. Independent examlnerfs ststernent I have completed my examination. I confinn that no material matters have come to my attention, which gNes me cause to believe that- accounting records were kept in accordance with section 386 of the Companies Act 2006: and the accounts accord with such records- and the accounts comply with relevant accounting requirements under section 396 of the Companies Act 2CK16 other than any requirement that the accounts give a'true and fairf view whKh is not a matter considered as part of an independent examination: and the accounts have been prepared in accordance with the Charities SORP IFRS102) I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understandin8 of the accounts to be reached. David Bassett FCCA Tamar Harrow Road East Dorking Date: 27 2025 These unauditedfinonciolstotements hove L*en subjected to independent exomination. See report on poge 7
CHURCHES TOGEfHER IN t)ORKING ANNUAL REPORT for the year ending 31 December2024 Fl ANC AL criviTIES Unrestricted Restrirted Funds Funds Total Funds Total Funds 2024 2024 2024 2023 INCOME: Donations and legacies Local authority grants 1,020 50.023 51,043 124.322 55.5CMI 55,500 60,310 Investment income 3.803 3,803 TOTAL INCOME 1,020 109,326 110.346 184.632 EXPENDITURE: Charitsble Artivities 104,640 104,700 137,092 NET INCOME AND NEf MOVEMEKf IN FUNDS 960 4.686 5,646 47,540 RECONCIUATION OF FUNDS Fund balances brought forward 11.157 155.637 166.794 119,254 FUND BALANCES CARRIED FORWARD AT 31 DECEMBER 2024 12.117 160,323 172.440 166,794 These unauditedfinanuolstotements ljave been 5ubjerted to independent examinotion. See report on puge 7
CHURCHES TOGEfHER IN DORKING ANNUAL REPORT for the year ending 31 Dember2O24 BALANCE SHEET 2024 2023 FIXED ASSETS Investments 902 902 CURRENT A55Ers Debtors and Prepayrnents 3,728 3,269 Cash at the bank and tn hand 169,663 163.414 TOTAL CURRE ASSErs 173,391 166.683 Creditors: amounts falling due within one year 1.853 791 NEf CURRENT ASSErs 171,538 165,892 TOTAL NET ASSErs 172.440 166,794 FUND5 OF THE CHARrTY Notes 2024 2023 Unrestricted funds 12,117 11.157 Restricted fvnds TOTAL CHARITY FUNDS 160,323 172.440 155,637 166.794 For the year ended 31 December 2024. the charity was entitled to exemption from audit under section 477 of the Companies Act 2(K16 {°the ACV) relating to small companie The trustees, and directors. responsibilities: The members have not required the charity to obtain an audit of its financial statements forthe year in question in accordance with sertion 476 of the Art, The trustees and directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements. The financial statements were approved by the trustees and authorized for issue on 25 August 2025. and are signed on their behalf bv: Wayne Paul Kitcat rustee . 2025 These unouditedfinancialstutements hove been subjected to independent exominoÉion. See report on page 7
CHURCHES TOGEfHER IN DORKING ANNUAL REPORT for the year ending 31 December2024 STATEMENT OF CASH FLOWS 2024 2023 CASH FLOWS FROM OPEIiATING P£TIVmES Net cash provided by operating activities CHANGE IN CASH AND CASH EQUIVALENTS 6.249 45,380 6.249 45,380 Cash and cash equivalents at the be8innin8 of the reporting period CASH AND CASH EQUIVALEKfs AT THE END OF THE REpoKllNG PERIOD 163,414 169,663 118.034 163,414 These unouditedfinanoa15tatements hove i*en subjerted to independent exominotion. See report on poge 7 io
CHURCHES TOGEfHER IN DORKING ANNUAL REPORT for the year ending 31 December 2024 NOTES TO THE FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS I. ACCOUNTING POLICIES Basis of accounting These financial statements have been prepared in accordance wÉth FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland" the requirements of the Companies Act 2006 and under the historical cost convention. Within the definitions of FRS 102. the charity is a public benefrt entity- The financial statements have been prepared in accordance with the accounting policies set out in the notes to the financial statements and comply with the Charities Art 2011, the Companies Act 2006. the Memorandum and Articles of Association of the charttable company. and Accounting and Reporting by Chartties: 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 {FRS 1021 (effective l 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 tWee months from the date of approval of these financial statements. The trustees believe that the charity has adequate resour5 to continue in operational existence for at least the next twelve months and to meet all its liabilities durin8 that perit)d as they fall due. For that reason. the trustees continue to adopt the going concern basis in preparing the financial statements. Income General donations and other similar types of voluntary 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 reiVed grants from local government 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 impart being BNen in the Trustee's Report on Page 2 under Achievements and Performance. Donations to the foodbank Donations of food collected and distributed are measured by weight. The weight collected and distributed durin8 the year is disclosed in note 6. The Trussell Trust recommends that we use £2.77 per kg for 2024 Iwhich was £2.37 for 2023) to calculate the value of these donations. Expenditure Resources expended are allocated to the charivs principal activity as direct costs, where the costs can be identtfied as being directly related to that activity. Any costs that cannot be specifically cate8orized are allocated in proportions based upon a suitable ratio applicable to the nature of the cost involved. Taxatlon The company 15 a re8iStered 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 ts charitable objectives. Fund attountlng The general fund comprises the accumulated surpluses of unrestricted incomin8 resources over resources expended, which are available for use in furtherance of the 8eneral objectives of the charity. These unouditedfinanaa15totements hove been subjerted to independent examination. See report on poge 7 li
CHURCHES TOGETHER IN DORKING ANNUAL REPORT for the year ending 31 December 2024 NOTES TO THE FINANCIAL STATEMENTS Restricted funds are funds subject to specific conditions imposed by donors. The purpose and use of the restricted funds a set out in the Trustee's Report on pages 2 to 6. 2. INCOME Funds Funds Funds Funds Funds 2024 2024 2024 2023 2023 2023 Subscriptions CODHAL donation F0jbank donations Heating donations Bank interest 1,020 1.020 960 960 10,902 99,495 10,902 99,495 49,523 375 3.603 2 49.523 375 3.603 2iJ) 1.063 1.063 Ground rent Grants from: Trussell Trust Mole Valley District Council Surrey County Council TOTAL 125 22.5 22,5 33,CKKI 33,(KKJ 109.326 110,346 125 11,902 40.930 19.380 183,672 11,902 40,930 19,380 184,632 1,020 960 3. EXPENDITURE Unresirlcted RÉstrlrted Total Fund5 Funds Unrestrlcted Total Funds Funds Funds 2024 2024 2024 2023 2023 2023 Staff costs (see note 4) Bank charges Insuran Administrative costs Food Bank expenditure Fuel Fund expenditure MVDC Grant expenditure SCC Grant expenditure TOTAL 39,136 39.136 21.553 21,553 66 437 66 492 492 7,345 5.891 1.065 26,914 23.797 104.7(K) 437 7.345 5.891 1,065 26.914 23,797 104.640 35 2,750 46,260 20,361 32.058 13,572 136.991 2,785 46,260 20,361 32,058 13,572 137,092 ioi These unouditedfinonciolstatements hove been subjected to independent examinotion. See report on poge 7 12
CHURCHES TOGEfHER IN DORKING ANNUAL REPORT for the year ending 31 December 2024 NOTES TO THE FINANCIAL STATEMENTS 4. sfAFF cosrs Unrestricted Restrirted Total Total Funds Funds Funds Funds 2024 2024 2024 2023 Salary and wages Social security costs Pension costs 38.572 38,572 21.553 564 564 39.136 Total staff costs 39,136 21.553 The average monthly number of employees was 5 {2023: 3) and all are part-time which equates to the equivalent of 1.46 {2023: 0.96} of full-time employees. All employees are engaged only in charitable artivtties. 5. Creditors: amounts falling due within one year 2024 2023 Tax&NI Other 615 1,238 1,853 224 567 791 These unauditedfinonoalstatements hove L*en subjerted to independent exominotion. See report on poge 7 13
CHURCHES TOGEfHER IN DORKING ANNUAL REPORT for the year ending 31 December 2024 NOTES TO THE FINANCIAL STATEMENTS & THE FUNDS OF THE CHARITY Movement in 2024 Balance at Income Expenditure Balance at IIV24 31112124 Unrestrkted funds 11.157 1.020 12.117 Restricted fvnds Foodbank 138,779 53,451 52.864 139.366 Fuel fund 690 375 1.065 SCC winter hardship grant 7,297 33.1)IXI 23,797 16,500 MVDC household support grant Totsl Restricted funds 8.871 22.5CK) 26,914 4.457 155.637 109,326 104,640 160.323 TOTAL CHARITY FUNDS 166,794 110.346 104.7 172.440 The charity purchases supermarket vouchers for clients to supplement food donated. and to buy food to supplement stock levels. At the end of 2024 the charity held £3,792.70 of vouchers that had not yet been used. Movement in 2023 Balan at Income Expenditure Balance at 23 31112123 Unrestricted funds 10298 960 ioi 11.157 Restritted funds Foodbank 104.802 104,976 70,999 138,779 Fuel fund 2.665 18.386 20,361 690 SCC winter hardship 8rant MVDC household support grant Total Restrirted funds 1,489 19.380 13,572 7.297 40.930 32,059 8.871 108.956 183.672 136.991 155.637 TOTAL CHARITY FUNDS 119254 184.632 137W2 166,794 These un0uditedfinanll15tQternents hove twi subjected to independent examinatic•n. See report on page 7 14
CHURCHES TOGETHER IN DORKING ANNUAL REPORT for the year ending 31 December 2024 NOTES TO THE FINANCIAL STATEMENTS 6.1. Foodbank The Foodbank administers spectfic monetary donations by churches. organizations and individuals covering Dorking and the surrounding villages. The value of the 29.2 tonnes of goods distributed during 2024 was equivalent to a value of £80.88412023 £79.8691. The stock is valued at £2,770 per tonne (up from £2,370 per tonne in 2023) for the food and goods donated and distributed. 6.2. Fuel Fund The Fuel fund represents specific monetary donations by churches, orBanizations, and individuals to assist those who are having difficulty paying for heating. 6.3. Winter Hardship Fund This fund represents specific monetary grants made by Surrey County Council {SCCI for relief of winter hardship. The charty provides reports to SCC on the use of this fund. 6.4. Household Support Fund This fund represents specific monetsry grants made by Mole Valley District Council (MVDCI for household support. The charity provides reports to MVDC on the use of this fund. 6.5. Investment Income The compan(s investment income include bank interest of £3.603 (2023 nil) and rent of £20012023 nil). Dorking Area Foodbank owns the freehold to the two flats at 24 Howard Road. The lease generates an income from each flat, of £100 annually, due on 25 March. The charity receives no other payment from these flats and has no financial liability for any repairs that may be needed. 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 round rent from each flat Annual rent Lower flat until Upper flat until 26 November 2051 £ic 25 December 2047 £2(X) 25 December 2080 26 November 2084 25 December 2113 26 November 2117 24 December 2175 26 November 2143 6.6. Funds Held as Custodians for Other Charities No funds were collerted or held on behalf of other charities during the year. 6.7.Related Party Transactions None of the trustees {or any persons related to thern) received any remuneration during the current or previous period. The trustees made total donations of £5401£675 including gift aid) during the year 2024. this compares with £803 in 2023. The only transactions undertaken with related parties during the current or previous year were the monthly direct debit payment for the Foodbanvs mobile phone which is paid from a trustee's personal account for which reimbursement is obtained periodKally £23912023 £4021 and the PAYE tax and Nl £840 {2023 £224). These unauditedfinanciol stotements have been 5ubjerted to independent ex0m1notn. See rert on poge 7