2022-03-31-accounts

								Pages
Trustees'	annual report (incorporating			the	director's	report)		1to6
Independent auditor's		report to	the members					7to 10
Statement	offinancial	activities	(including		income and expenditure		account)
Statement	offinancial	position						12
Statement	ofcash flows							13
Notes to the financial		statements						14to 24

Registered	charity name	charity name	Black Country Foodbank Limited	Black Country Foodbank Limited	Black Country Foodbank Limited
Charity registration		number	1136676
Company	registration	number	06986325
Principal	office and registered		3BSwallowfield	Courtyard
office			Wolverhampton	Road
			Oldbury
			West Midlands
			B692JG
The trustees
			Mr CMaltby
			Ms JCorns
			Mr JM Russell
			Ms P LaRue
			Mr LMassey
Auditor			BSNAssociates	Limited
			Chartered accountants		k, statutory	auditor
			3BSwallowfield	Courtyard
			Wolverhampton	Road
			Oldbury
			West Midlands
			B692JG

able level of un it obligations.	restricted funds	to retain,	to allow the char	ity to have suffic	ient funds g
				2022	2021
Unrestricted Funds				610,154	478,882
Restricted Funds				96,792	95,246
Total Funds				706,946	574,128
%ofunrestricted	funds to annual	operating	expenditure	394	371

				Year end	ed 31 March 2	022
						2022		2021
					Unrestricted	Restricted
					funds	funds	Total funds	Total funds
				Note
Income and endowments
Donations and	legacies			5	243,132	878,153	1,121,285	1,216,661
Investment income				6	425		425	136
Total income					243,557	878,153	1,121,710	1,216,797
Expenditure
Expenditure on	charitable		activities	7,8	109,440	879,452	988,892	785,725
Total expenditure					109,440	879,452	988,892	785,725
Net income					134,117	(1,299)	132,818	431,072
Transfers between		funds			(2,845)	2,845
Net movement	in	funds			131,272	1,546	132,818	431,072
Reconciliation	offunds
Total funds brought		forward			478,882	95,246	574,128	143,056
Total funds carried forward					610,154	96,792	706,946	574,128

		Statement of Financial Pos	Statement of Financial Pos	ition
		31 March 2022
				2022		2021
			Note
Fixed assets
Tangible fixed assets			14		29,331	41,739
Current assets
Debtors			15	2,681		20,940
Cash at bank	and in hand			678,840		513,716
				681,521		534,656
Creditors: amounts		falling due within one year	16	3,906		2,267
Net current	assets				677,615	532,389
Total assets	less current liabilities				706,946	574,128
Net assets					706,946	574,128
Funds ofthe	charity
Restricted funds					96,792	95,246
Unrestricted	funds				610,154	478,882
Total charity funds			18		706,946	574,128

		Y	ear ended 31 March 20	22
				2022	2021
Cash flows from operating	activities
Net income				132,818	431,072
Adjustments for:
Depreciation oftangible fixed		assets		16,644	14,526
Other interest receivable and	similar income			(425)	(136)
Interest payable and similar	charges			267	453
Gains on disposal oftangible	fixed assets				(3,450)
Accrued expenses/(income)				21,459	(20,490)
Changesin:
Trade and other debtors				(1,561)
Cash generated from operations				169,202	425,210
Interest paid				(267)	(453)
Interest received				425	136
Net cash from operating activities				169,360	424,893
Cash flows from investing	activities
Purchase oftangible assets				(4,236)	(17,494)
Proceeds from sale oftangible		assets			4,500
Net cash used in investing activities				(4,236)	(12,994)
Net increase in cash and cash		equivalents		165,124	411,899
Cash and cash equivalents	at	beginning	ofyear	513,716	101,817
Cash and cash equivalents	at	end ofyear		678,840	513,716

Donations	and legacies
				Unrestricted	Restricted	Total Funds
				Funds	Funds	2022
Donations
Donations	received			237,507	10,540	248,047
Donations	received offood, toiletries	and houehold	items
for those in crisis					834,253	834,253
Grants
Grants receivable				5,625	33,360	38,985
				243,132	878,153	1,121,285
				Unrestricted	Restricted	Total Funds
				Funds	Funds	2021
Donations
Donations	received			440,834	25,774	466,608
Donations	received offood, toiletries	and houehold	items
for those in crisis					644,209	644,209
Grants
Grants receivable				27,550	78,294	105,844
				468,384	748,277	1,216,661

			Unrestricted	Total	Funds	Unrestricted	Total	Funds
			Funds		2022	Funds		2021
Bank	interest	receivable	425		425	136		136

Expenditure on charitable	activities by	fund type
			Unrestricted	Restricted	Total Funds
			Funds	Funds	2022
Provision offood, toiletries	and household	items to those
in crisis			1,207	854,011	855,218
Support costs			108,233	25,441	133,674
			109,440	879,452	988,892
			Unrestricted	Restricted	Total Funds
			Funds	Funds	2021
Provision offood, toiletries	and household	items to those
in crisis			145	656,355	656,500
Support costs			102,759	26,466	129,225
			102,904	682,821	785,725

		Activities
		undertaken		Total funds	Total fund
		directly	Support costs	2022	2021
Provision of	food, toiletries and household
items to those in crisis		855,218	127,529	982,747	784,174
Governance	costs		6,145	6,145	1,551
		855,218	133,674	988,892	785,725

Analysis of	suppo	rt costs
			Provision of
			food, toiletries
			and household
			items to those
			m crIsls	Total 2022	Total 2021
Staff costs			64,933	64,933	65,335
Premises			8,200	8,200	8,700
Communications		and IT	3,190	3,190	3,649
General office			2,838	2,838	3,349
Governance	costs		6,145	6,145	1,551

			Ye	ar e	nde	d	31 March	2022
	Insurance							1,282	1,282	1,128
	Repairs &maintenance							3,864	3,864	2,095
	Motor &travel expenses							8,406	8,406	8,430
	Profit on disposal ofsale ofassets									(3,450)
	Other office costs							11,488	11,488	8,833
	Management fees									2,925
	Contracted assistance							4,842	4,842	6,851
	Fundraising costs							1,842	1,842	5,303
	Depreciation							16,644	16,644	14,526
								133,674	133,674	129,225
10.	Net income
	Net income is stated after charging/(crediting):
									2022	2021
	Depreciation oftangible fixed assets								16,644	14,526
	Profit/loss on disposal	offixed assets								(3,450)
11.	Auditors remuneration
									2022	2021
	Fees payable for the audit ofthe financial				statements				1,680	920
12.	Staff costs
	The total staff costs and employee benefits				for	the	reporting	period are analysed	as follows:
									2022	2021
	Wages and salaries								63,869	52,909
	Pension costs								1,064	599
									64,933	53,508
	The average head count ofemployees			during		the year was		5 (2021:5). The	average number of full-time
	equivalent employees	during	the year is analysed				as follows:
									2022	2021
									No.	No.
	Number ofstaff								5	5

14.	Tangible fix	ed assets
				Land and	Fixtures and
				buildings	fittings Motor vehicles		Equipment	Total
	Cost
	At 1 April 2021			47,197	6,024	31,559	14,583	99,363
	Additions				2,760		1,476	4,236
	At 31March	2022		47,197	8,784	31,559	16,059	103,599
	Depreciation
	At 1 April 2021			33,652	4,141	11,915	7,916	57,624
	Charge for the year			4,720	589	7,890	3,445	16,644
	At 31March	2022		38,372	4,730	19,805	11,361	74,268
	Carrying amount
	At 31March	2022		8,825	4,054	11,754	4,698	29,331
	At 31March	2021		13,545	1,883	19,644	6,667	41,739
15.	Debtors
							2022	2021
	Prepayments	and accrued income					2,681	20,940
16.	Creditors: amounts		falling due	within one	year
							2022	2021
	Accruals and	deferred	income				3,906	2,267

Unrestricted funds
					At
	At				31March 202
	1 April 2021	Income	Expenditure	Transfers	2
General funds	478,882	243,557	(109,440)	(2,845)	610,154
	At				At
	1 April 2020	Income	Expenditure	Transfers	31March 2021
General funds	113,266	468,520	(102,904)		478,882
Restricted funds
					At
	At				31March 202
	1 April 2021	Income	Expenditure	Transfers	2
Restricted Funds	95,246	878,153	(879,452)	2,845	96,792
	At				At
	1 April 2020	Income	Expenditure	Transfers	31March 2021
Restricted Funds	29,790	748,277	(682,821)		95,246

		Grants and	Grants and	Depreciation
	Brought	donations	donations	on fixed	Transfer of	Carried
	forward	received	spent	assets	funds	forward
Equipment	4,502		1,578	164		2,760
Food	58,962	869,133	854,265		198	74,028
Baby items	6,283		549			5,734
New van	5,310			6,765	1,455
Carrier bags	866		73			793
Walsall MBC	4,312		1,125			3,187
Sandwell Council		5,000	918		(195)	3,887
Computer	6,065		3,445			2,620
Core costs	1,019		1,367		348
Halo phones	3,584		1,402			2,182
Van Costs	3,525	4,020	7372		1,239	1,412
Wages and salaries	818		429		(200)	189
	95,246	873,153	872,523	6,929	2,845	96,792

Analysis	ofnet as	sets between funds
			Unrestricted	Restricted	Total Funds
			Funds	Funds	2022
Tangible	fixed assets		22,353	6,978	29,331
Current	assets		591,707	89,814	681,521
Creditors less than		1 year	(3,906)		(3,906)
Net assets			610,154	96,792	706,946
			Unrestricted	Restricted	Total Funds
			Funds	Funds	2021
Tangible	fixed assets		24,851	16,888	41,739
Current	assets		456,298	78,358	534,656
Creditors less than		1 year	(2,267)		(2,267)
Net assets			478,882	95,246	574,128
Analysis	ofchanges in net debt
					At
			At 1 Apr 2021	Cash flows	31Mar 2022
Cash at bank and in hand			513,716	165,124	678,840

The total	future minimum	lease payments	under non-cancellable	operating	leases are as follows:
					2022	2021
Not later than 1 year					3,795	2,059
Later than	1 year and not	later than 5 years			679
					4,474	2,059