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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|Notes|to|the|Financial|Statements|............cccsscesescesesesceecseeccscecescsseccenvsvacveusvssesvssvavaeesvuessvscusvavescacesveresversesessesssesssevsveesseee|LZ|
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Page 2
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:
- Meet emergency food needs: Through the provision of food parcels to those experiencing food povery.
Page 3
LOVEWORKS.ORG LIMITED
REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS
YEAR ENDED 31 JULY 2025
-
Provide fresh produce: From local allotments that we manage in partnership with other allotment holders so that our food parcels are full of goodness.
-
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:
-
a} Select suitable accounting policies and apply them consistently
-
b) Make judgments and estimates that are reasonable and prudent
-
c) State whether the policies adopted are in accordance with the Companies Act 2006 and with applicable accounting standards and statements of recommended practice, subject to any material departures disclosed and explained in the financial statements.
-
d) Prepare the financial statements on a going concern basis unless it is inappropriate to assume that the charity will continue in operation.
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.
Page 4
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
Page 6
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.
- Emergency Food Provision (Food Banks)
Loveworks operates food banks at:
- | Merstham - — Redhill Football Club - Woodhatch - Reigate Shrewsbury Chapel
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):
-
2,738 food parcels distributed — a slight decrease of 70 parcels from the previous year (2,818).
-
6,360 individuals supported — an increase of 71 people from 6,289 last year.
-
Estimated value of food distributed: £190,000, up from £180,000 in 2023-2024.
yo Food Donations
- 2,492 crates of food (up from 1,551) - 89,712 individual items (up from 55,836) - Average food price increase: 5.2% - | Warehouse stock value as of year-end: £37,596 (up from £10,859)
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
- We have secured funding for new tools and equipment to support volunteer gardeners
4. Our People
4@ Volunteers
- 121 volunteers registered (up by 21 from last year) - 2,241+ volunteer hours recorded (excluding corporate volunteer hours) - Volunteer contributions included: > Sorting thousands of donations >» Packing and distributing 2738 food parcels
Page 7
LOVEWORKS.ORG LIMITED REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2025
-
Delivering parcels and collecting donations
-
Assisting with finance and admin > Gardening and maintaining allotments > Supporting events like the Reigate Summer Festival
-
Weekly collections from Tesco, Sainsbury’s, Pets at Home, and many more
& 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.
-
Jemma has been outstanding in her management of the warehouse and the grant applications, Sarah has worked incredibly hard and has hugely increased food donations this year as can be seen by the warehouse stock levels and Claire is working on recruiting more volunteers.
-
Lou continues to provide compassionate, tailored support and signposting to those using our services, playing a vital role in prevention work and enabling people to feel comfortable at the foodbanks along with signposting to additional support.
-
Karen who volunteers at the Reigate office was awarded a Volunteer award by the Mayor of R&B, along with George (DofE) and Alex Quantick of which we are incredibly proud.
5. Support and Funding
We are deeply grateful for the generous support of individuals, schools, local businesses, and community groups.
Notable highlights:
-
Ongoing partnership with Reigate Grammar School through half-termly electives
-
Corporate support from local businesses offering event help, volunteers, design services, and promotion (Curtis packaging and One Financial Services)
-
Growing number of local donation points
-
- Weekly contributions from Sainsbury’s, Morrisons, and many others
-
Continued support from Redhill Foodbank and strategic partners
-
- Regular “neighbourhood collections” from generous streets and groups like Chipstead WI
&@ Grants and Financial Support
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Surrey County Council annual payment for HSF7
-
Regular monthly donors via Enthuse and other platforms — vital to our ongoing sustainability
-
- We are honoured to be the chosen charity for the Reigate Business Guild Golf Day, which took place in September 2025
-
Grants received — for a bread slicer, the van re-wrapping and £1,000 for the allotments.
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:
-
Our outstanding volunteers who deliver our services year-round with warmth, professionalism, and no judgement.
-
- The Reigate, Redhill, and Merstham communities for their unwavering generosity. - The many organisations and partners listed in the appendix for their ongoing support.
Vanessa Davey
Chief Charity Officer
Page 8
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:
-
accounting records were not kept in respect of the Company as required by section 386 of the Companies Act 2006; or
-
the accounts do not accord with those records; or
-
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
-
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
Page 9
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.
Page 10
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
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
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
Page 11
LOVEWORKS.ORG LIMITED REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2025
Notes to the Financial Statements
- 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.
Page 12
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 |
Page 13
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 |
Page 14
LOVEWORKS.ORG LIMITED REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2025
----- Start of picture text -----
|||||||
|---|---|---|---|---|---|
|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.
Page 15
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.
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We would in particular like to thank:
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© our outstanding and committed volunteers who deliver our services all year round with kindness, compassion, professionalism and without judgement.
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e the local Reigate, Redhill and Merstham communities who continually support us through food and monetary donations
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e the following organisations for their active support:
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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