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2025-07-31-accounts

REGISTERED CHARITY NUMBER: 1136381

REGISTERED COMPANY NUMBER: 06506079 (England and Wales)

LOVEWORKS.ORG LIMITED

REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025

LOVEWORKS.ORG LIMITED REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2025

Table of Contents

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LOVEWORKS.ORG LIMITED REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2025

The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 July 2025. The financial statements have been prepared in accordance with The Statement of Recommended Practice ("SORP") applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of \reland (FRS102) and The Charities Act 2011.

Company Information

Registered Company number 06506079 (England and Wales)

Registered Charity number 1136381

Registered office First Floor Offices 3a-7a Bell Street Reigate RH2 7BH

Trustees

Gemma Harle (Chair) Stephen Vickery Alexander McTavish (Treasurer) Naha Boghani (Appointed 4 September 2024) Jacqueline Church (Appointed 4 September 2024)

Independent Examiner

Philip Horesh Tony Levy Associates First Floor 314 Regents Park Road London N3 2LT

Governing document

Loveworks.org Limited is a charitable company limited by guarantee, as defined by the Companies Act 2006. The company was established under the Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association.

At 31 July 2025 there were 5 members (3 at 31 July 2024).

Asummary of the objectives of the charity

Loveworks is a local charity based in Reigate, Surrey with a mission to improve the lives of the local community through food. Our vision is that we will work in partnership with the local community to:

  1. Meet emergency food needs: Through the provision of food parcels to those experiencing food povery.

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LOVEWORKS.ORG LIMITED

REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS

YEAR ENDED 31 JULY 2025

  1. Provide fresh produce: From local allotments that we manage in partnership with other allotment holders so that our food parcels are full of goodness.

  2. Prevent the recurrence of food poverty: Through signposting, education and partnerships so that we can support people not to need us again.

Recruitment and appointment of new trustees

An initial approach is made by one of the existing Trustees, who meets with the prospective trustee and outlines the nature and responsibilities of the role. The prospective trustee then meets informally with the rest of the board. Subject to board acceptance and a unanimous vote in favour, the new trustee is appointed, subject to due diligence (including where appropriate a DBS check).

The new trustee is given a summary pack of the charity’s history and work to date, a copy of the charity’s constitution and a Charity Commission document outlining the role of a trustee.

Risk management

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

Statement of Public Benefit

The trustees have paid due regard to the guidance on public benefit produced by the Charity Commission and are confident that the work of the Charity meets all the criteria for public benefit.

Trustees Responsibilities in relation to the financial statements

The Trustees are required by company law to prepare financial statements for each financial year, which give a true and fair view of the financial activities of the charity and its financial position at the end of the year. In preparing those statements the Trustees are required to:

The Trustees are responsible for keeping proper accounting records, which disclose with reasonable accuracy at any time, the financial position of the charity and enable them to ensure that the financial statements comply with s419(2) of the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Financial review and Trustee Reserves Policy

The financial position of the charity improved slightly over the year with total reserves carried forward of £148,723, reflecting the generosity of the local community that supports our work together with increased availability of grants from a range of organistions.

The trustees have increased the agreed level of reserves to £80,000, to provide for premises costs and other committed running costs for a period of at least one year and staff costs for a period of six months. This will continue to be reviewed on a regular basis.

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LOVEWORKS.ORG LIMITED

REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2025

ON BEHALF OF THE BOARD:

Alex McTavish

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20 March 2026

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Trustee

LOVEWORKS.ORG LIMITED REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2025

Report of the Trustees

Chairman’s report

Loveworks continues to provide much needed support to the local community with the provision of food parcels to those who are experiencing food poverty.

This year has seen us build on the strong foundations that have been put in place over a number of years. We continue to benefit from having our own food warehouse, which not only provides safe storage for our food but operates as a hub for our staff and volunteers.

To enable us to operate we are fully reliant on food and financial donations from individuals, corporates and the local authority. As we see the availability of grants reducing we have moved our focus to more fund raising through local events and the ongoing development of corporate relationships.

We remain eternally grateful to our hardworking staff, our fantastic volunteers, the support of our partner agencies and the generosity of our donors.

Gemma Harle Chair of Trustees

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LOVEWORKS.ORG LIMITED REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS

YEAR ENDED 31 JULY 2025

Chief Charity Officer’s Report

In the 2023-2024 Annual Report, Loveworks set out a clear objective for the year ahead: to meet the rising demand for our services while working collaboratively with partners to reduce reliance on food banks and support local people in preventing food poverty.

I’m proud to report that, despite ongoing economic challenges and rising food costs, our community, partners, and volunteers have come together with extraordinary generosity and commitment. This report outlines our key activities and achievements across our core service areas.

  1. Emergency Food Provision (Food Banks)

Loveworks operates food banks at:

We also deliver directly to individuals every Friday. All stock management and food parce! packing is carried out at our central Loveworks warehouse, with items then distributed to the above venues and households in need.

@ Food Parcels Distributed (2024-2025):

yo Food Donations

f Utility Top-Ups

Thanks to funding from Surrey County Council and Reigate & Banstead Borough Council, we offered energy support grants of £60 per six-week referral. In total, we distributed £1,500 to support individuals and families in crisis.

2. Food Poverty Prevention

Loveworks continues to move beyond emergency food provision by focusing on longer-term food poverty prevention. We are working with: - | The Merstham Hub and Woodhatch Centre to transition individuals from food banks to food clubs - Community fridges in Merstham, Woodhatch, and ESH, redistributing excess fresh bread and cakes

3. Growing Food

Our community allotments in Reigate and Woodhatch continue to flourish, providing fresh produce to the food banks throughout the summer. These plots are entirely run by volunteers. - | Anew Loveworks sign has been installed

4. Our People

4@ Volunteers

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LOVEWORKS.ORG LIMITED REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2025

& Staff Team

Our dedicated staff team works a combined total of over 87 hours per week — often more — to ensure smooth operations and support delivery.

5. Support and Funding

We are deeply grateful for the generous support of individuals, schools, local businesses, and community groups.

Notable highlights:

&@ Grants and Financial Support

A Final Word of Thanks

To everyone who has donated food, funds, time, or energy — thank you. Whether you’ve supported us regularly or[just] once, every contribution has madea real difference.

And special thanks to:

Vanessa Davey

Chief Charity Officer

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LOVEWORKS.ORG LIMITED

REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2025

Independent Examiner’s Report

| report to the charity trustees on my examination of the accounts of the Company for the year ended 31 July 2025 set out on pages 10 to 16.

Responsibilities and basis of report

As the charity's trustees (who are also its directors for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”).

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligable for independent examination, | report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (“the 2011 Act”). In carrying out my examination | have followed the directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

| have completed my examination. | confirm that no matters have come to my attention in connection with my examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by section 386 of the Companies Act 2006; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the Companies Act 2006 other than any requirement that the accounts give a “true and fair view” which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and priciples of 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 the Republic of Ireland (FRS 102).

| 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 understanding of the accounts to be reached. =’i ~

Philip Horesh

Tony Levy Associates

First Floor

314 Regents Park Road

London

N3 2LT

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LOVEWORKS.ORG LIMITED

REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2025

Statement of Financial Activities

2025 2024
Unrestricted Designated Restricted Totalfunds Total funds
funds Funds funds £ £
w
£
£
£
g
is}
2
INCOME FROM:
Donations 2 286,056 - 49,918 335,974 261,204
Activities forgeneratingfunds 3 8,761 - - 8,761 7,290
Investments 4 2,837 - - 2,837 5,532
Other income - - - - -
Total income 297,654 - 49,918 347,572 274,026
EXPENDITURE ON:
Raising funds
Costs ofgenerating income 5 5,795 - - 5,795 8,832
Charitable activities
Achieving charitable objects 6 226,520 - 29,921 256,441 247,848
Support costs 7 65,351 - - 65,351 66,521
Governance costs 8 2,607 = - 2,607 2,654
Total resources expended 300,274 - 29,921 330,195 325,855
NETINCOME/(EXPENDITURE) FORTHE
YEAR BEFORETRANSFERS
9 (2,620) 5 ghia 17,377 ietiezs)
Transfers between Funds (25,000) 25,000 - - -
NET I
E/(E
ITURE
YEitABD
TESamie (27,620) 25,000 19,997 17377 (51,829)
RECONCILIATION OF FUNDS:
Total funds brought forward 65,907 55,000 10,439 131,346 183,175
TOTALFUNDSCARRIEDFORWARD 38,287 80,000 30,436 148,723 131,346

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

All incoming resources and resources expended derive from the continuing activities.

The notes on pages 12 to 16 form part of the financial statements.

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LOVEWORKS.ORG LIMITED

REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2025

Statement of Financial Position

2025 2024
Notes £ £
Tangible fixed assets
Office and warehouse equipment 12 1,019 460
Furniture and fixtures 12 0 483
Van 12 6,724 7,911
Total non-current assets . 7,743 8,854
Current assets
Debtors 13 1,837 1,892
Cash at bank 104,629 115,008
Food donations 37,597 10,859
Total current assets 144,062 127,759
Total assets 151,806 136,613
Creditors
Creditors falling due within one year 14 (3,083) (5,267)
Total assets less current liabilities 148,723 131,346
Creditors falling due in more than one year - -
NETASSETS 148,723 131,346
Funds 16
Unrestricted funds 38,287 65,907
Designated funds 80,000 55,000
Restricted funds 30,436 10,439
TOTALFUNDS 148,723 131,346

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

The trustees acknowledge their responsibilities for

The financial statements have been prepared in accordance with the special provisions of the Companies Act 2006 relating to small charitable companies and with The Statement of Recommended Practice ("SORP") applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS102).

20 March 2026

The financial statements were approved by the Board of Trustees ON ......ttre aNd Were Signed on its behalf by:

Alex McTavish

2 ica atieeiEateLTUStee

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LOVEWORKS.ORG LIMITED REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2025

Notes to the Financial Statements

  1. ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with The Statement of Recommended Practice ("SORP") applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS102) and The Charities Act 2011.

Exemption from preparing a cash-flow statement

Exemption has been taken from preparing a cash-flow statement on the grounds that the charity qualifies as a small company.

Income

All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.

Expenditure

Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Volunteers and donated goods

The value of services provided by volunteers is not incorporated into these financial statements.

Goods donated and held as stock for distribution by the charity, including food items, are recognised as incoming resources within donations when received and as stock with an equivalent amount included as resources expended when distributed.

Goods donated to the charity, and still held at the year end are reported at the estimated replacement cost.

Depreciation

Office equipment and fixtures and fittings are depreciated on a straight line basis over a three year period. vehicles are depreciated on a reducing balance basis at a rate of 15% pa.

Motor

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Designated funds are a proportion of the unrestricted funds that have been set aside by the Trustees to provide a reserve to cover the cost of known and committed future expenditure.

Pension costs

The charity has established a pension scheme in line with the auto-enrolment requirements.

Winding up or dissolution of the charity

If upon winding up or dissolution of the charity there remain any assets after the satisfaction of all debts and liabilities, the assets representing the accumulated fund shall be transferred to some other charitable body or bodies having similar objects to the charity.

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LOVEWORKS.ORG LIMITED REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2025

2. DONATIONS RECEIVED

2.
DONATIONS RECEIVED
2025 2024
£ £
Financial donations 127,644 98,518
Food donations 208,330 162,685
335,974 261,204
3.
ACTIVITIES FOR GENERATING FUNDS
2025 2024
£ £
Fundraising events 8,761 7,290
4.
INVESTMENT INCOME
2025 2024
£ £
Deposit account interest 2,837 5,532
5.
COSTS OF GENERATING INCOME
2025 2024
£ £
Staff costs 3,504 3,298
Other costs 2,292 5,534
5,795 8,832
6.
ACHIEVING CHARITABLE OBJECTIVES
2025 2024
£ £
Staff costs 63,639 59,361
Food provided to beneficiaries 188,966 179,244
Other costs 3,836 9,243
256,441 247,848
7.
SUPPORTCOSTS
2025 2024
£ £
Staff costs 3,170 3,298
Building costs 45,854 44,406
Other administration costs 16,327 18,817
65,351 66,521
8.
GOVERNANCE COSTS
2025 2024
£ £
Staff costs 1,092 1,225
Professional fees 1,200 1,200
Other costs 315 229
2,607 2,654

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LOVEWORKS.ORG LIMITED

REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2025

8. NET INCOMING/(OUTGOING) RESOURCES Net resources are stated after charging/(crediting):

2025 2024
£ £
Depreciation on owned assets 2,132 3,096
Professional fees 1,200 1,200

9. TRUSTEES’ REMUNERATION AND BENEFITS

No trustees' remuneration or other benefit was paid for the year ended 31 July 2025, nor for the year ended 31 July 2024.

Trustees' Expenses

No trustees' expenses were paid for the year ended 31 July 2025, nor for the year ended 31 July 2024.

10. RELATED PARTY TRANSACTIONS

There were no transactions with related parties during the year.

11. STAFF COSTS

Staff costs include the following:

Staff costscosts include the following:following:
2025 2024
£ £
Wages & salaries 69,499 64,550
Social security costs . -
Other pension costs 1,905 2,631
71,404 67,181

The number of employees (full-time equivalent) at the year end was as follows:

2025 2024
Charitable activities 2.1 2.0
Management& activities 0.3 0.2
2.4 2.2

No employee was paid over £60,000 during the year.

12. TANGIBLE FIXED ASSETS

12.
TANGIBLE FIXED ASSETS
Office and —Furniture Van
warehouse and fixtures
equipment
£ £ £
Cost
At 1 August 2024 2,053 4,386 14,935
Additions 1,021 - -
Disposals - - -
At31July2025 3,074 4,386 14,935

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LOVEWORKS.ORG LIMITED REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2025

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||||||| |---|---|---|---|---|---| |Depreciation| |At|1 August 2024|(1,593)|(3,903)|(7,024)| |Disposals|-|-|-| |Charge for year|(462)|(483)|(1,187)| |At|31|July 2025|(2,055)|(4,386)|(8,211)| |Net|book|value| |At|31 July|2024|460|483|7,911| |At|31 July|2025|1,019|0|6,724| |13.|DEBTORS| |2025|2024| |£|£| |Prepayments|1,837|1,892| |1,837|1,892| |14.|CREDITORS| |2025|2024| |£|£| |Accruals|3,083|5,267|

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

15. ANALYSIS OF NET ASSETS BETWEEN FUNDS

----- Start of picture text -----
||||||||||| |---|---|---|---|---|---|---|---|---|---| |2025|2024| |Unrestricted|Designated|Restricted|Funds|Total|Funds|Total|Funds| |Funds|Funds| |£|£|£|£|£| |Fixed|assets|7,743|-|-|7,743|8,854| |Current|assets|33,626|80,000|30,436|144,063|127,759| |Current|liabilities|(3,083)|-|-|(3,083)|(5,267)| |38,287|80,000|30,436|148,723|131,346| |16.|MOVEMENT|IN|FUNDS|— 2025| |At 01/08/2024|Net movement|Transfers|At 31/07/2025| |in|funds|between|funds| |£|£|£|£| |Unrestricted|funds| |General|fund|65,907|2,620|(25,000)|38,287| |Designated|funds| |Required|by|Reserves|Policy|55,000|-|25,000|80,000| |Restricted|funds| |Equipment|>|1,000|:|1,000| |Food|poverty|prevention*|3,905|(3,905)|-|-| |Combating|low|skills|4,034|2,000|-|6,034| |Food|bank food|and|utility|top|ups|2,500|15,368|-|17,868| |Van|=|5,024|-|5,024| |Transport|=|510|-|510| |Total|Restricted|Funds|10,439|19,997|-|30,436| |TOTAL FUNDS|131,346|17,377|-|148,723|

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

*Donation for poverty prevention to be used for a combination of utility top-ups, electrical goods and staff costs.

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LOVEWORKS.ORG LIMITED REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2025

16. MOVEMENT IN FUNDS — 2025/Continued...

Net movement in funds, included in the above are as follows: Net movement in funds, included in the above are as follows:
Incoming Resources Transfers Movement in
resources expended between funds funds
£ £ £ £
Unrestricted funds
General fund 297,654 300,274 (25,000) (27,620)
Designated funds
Required by Reserves Policy - - 25,000 25,000
Restricted funds
Equipment 1,150 (150) - 1,000
Food poverty prevention - (3,905) - (3,905)
Combating low skills 2,000 - - 2,000
Food bankfood and utilitytop ups 41,194 (25,826) - 15,368
Van 5,024 - - 5,024
Transport 550 (40) - 510
Total Restricted Funds 49,918 29,921 = 19,997
TOTALFUNDS 347,572 330,195 - 17,377

The Trustees have decided to set the level of designated funds at £80,000 to reflect the current running costs of the charity, comprising the rental of premises for the foodbank and the level of staff hours.

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LOVEWORKS.ORG LIMITED

REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2025

Thank you!

Thank you to everyone who supported our work in 2024-2025.

All Saints Church, Merstham Monty’s Bakehouse Sainsbury’s (Redhill) Betchworth and Buckland Society Morgan Prestwich Sayers Bridge Cafe Morrisons Foundation SJP Foundation Charleswood National Lottery St Katherines Church, Mertstham Community Foundation for Surrey RBC allotments Trust St Luke’s Church, Reigate Curtis plc Red Oak Family Centre St Margaret’s Church, Chipstead Dynamic Climate Redhill Street Pastors Stowe Family Law Fidelity Redhill Redstone Rotary Club Surrey County Council Gail’s Bakery (Reigate) Reigate and Banstead CC The Admiral Gatwick Airport Reigate Business Guild The Churchill Foundation Hawthorns School Reigate College The Leigh Trust Jayserve Mechanical & Electrical Reigate Grammar School The Woodhatch Centre Just Enterprise Reigate Lawn Tennis Club Unite the Union Just Group Reigate Methodist Church Voluntary Action for Reigate & Langton London Insurance Brokers Reigate Priory Football Club Banstead Martial Arts Reigate Reigate Quakers Willis Towers Watson Merstham Churches Reigate St Mary’s Church Winterbotham Darby Merstham Baptist Church Reigate St Mary’s School Wisley Foundation Merstham Community Facility Trust Renewed Hope Trust Merstham Cricket Club Rotary Club Redhill, Reigate and Merstham Food Limited District Merstham Football Club Run Reigate

Thank you to anyone we may have missed, those who donate regularly, who have given one-off donations, fundraised for us or attended our events. Everything helps make a difference.

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