## Bournemouth Foodbank
Annual Report and Financial Statements for the Year Ended 30 September 2020
Oak Accounting Ltd 27 Bascott Road Wallisdown Bournemouth Dorset BH11 8RJ
## **Bournemouth Foodbank**
## **Contents**
|Reference and Administrative Details|1|
|---|---|
|Strategic Report|2|
|Trustees' Report|3 to 6|
|Statement of Trustees' Responsibilities|7|
|Independent Examiner's Report|8|
|Statement of Financial Activities|9|
|Balance Sheet|10|
|Notes to the Financial Statements|11 to 18|
## **Bournemouth Foodbank**
## **Reference and Administrative Details**
**Trustees** Scott Voisey Mary-Ann Robertson Richard Williams Mr John Preston Mr Robert Stocks Ms Jessica Bramley **Principal Office** 118 Haviland Road Bournemouth Dorset BH7 6HW **Charity Registration Number** 1143446 **Independent Examiner** Oak Accounting Ltd 27 Bascott Road Wallisdown Bournemouth Dorset BH11 8RJ
Page 1
## **Bournemouth Foodbank**
## **Strategic Report for the Year Ended 30 September 2020**
The trustees, who are directors for the purposes of company law, present their strategic report for the year ended 30 September 2020, in compliance with s414C of the Companies Act 2006.
## **Financial review**
## _**Policy on reserves**_
In line with Charity Commission guidance, the Trustees have reviewed their policy on the unrestricted funds not committed or invested in tangible fixed assets (‘the free reserves’) and find that the charity should have: - ‘Fixed reserves’ (or an Emergency Operating Reserve) of 3 months of the operating costs (charitable expenses less food purchased) plus rationalisation costs, in general funds, to provide: *Funds to restructure the charity in event of the income sharply dropping
*A foundation for security of ministry and to meet contractual obligations
*Sufficient time to “switch off” its activities; Bournemouth Foodbank is an organisation with local responsibilities, whose activities are not complex. At present the free reserves (Unrestricted reserves less net fixed assets) are over £64,000.00 which represents over 12 months of operating costs at 2019/20 levels. The charity is almost entirely dependent for income upon generous contributions from Bournemouth churches and their congregations, corporate sponsors and public regular donations, so our income is inevitably subject to fluctuations and it requires protection against and the ability to continue operating and not be governed by short term constraints. The Trustees are confident that this policy should allow the charity to continue operating.
The strategic report was approved by the trustees of the charity on .................... and signed on its behalf by:
......................................... Scott Voisey Trustee
Page 2
## **Bournemouth Foodbank**
## **Trustees' Report**
The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements of the charitable company for the year ended 30 September 2020.
## **Objectives and activities**
## _**Objects and aims**_
The Bournemouth Foodbank is a Christian organisation motivated by Jesus’ teaching on poverty and injustice as taught in the Bible. We operate according to Biblical principles of compassion, honesty, integrity, openness, kindness and care of all people, regardless of background or belief. We believe in turning faith into practical action, living out God’s love for the poor...
‘For I was hungry and you gave me something to eat, I was thirsty and you gave me something to drink, I was a stranger and you invited me in, I needed clothes and you clothed me, I was sick and you looked after me, I was in prison and you came to visit me.’ Matthew 25:35-36
We believe that everyone has a basic right to have food on their plate, dignity, and hope for the future.
Every day people in the UK go hungry for reasons ranging from loss of income to receiving an unexpected bill on a low income. Bournemouth Foodbank provides a minimum of three days’ emergency food in the form of a food parcel. We also provide additional support and signposting to other services where people are experiencing crisis. Our support is vital. One beneficiary said, “Without the Foodbank’s help, I’m sure that I would have been in situations beyond any control”, whilst a care professional commented “Without this service, many individuals and families would suffer great hardship.”
## _**Objectives, strategies and activities**_
In the financial year 2019-2020 the Foodbank fed almost 11000 individuals and families in Bournemouth, distributing 94 metric tons of food through referrals from 286 agencies and care professionals from the town, and towards other local food banks and agencies throughout the town.
Page 3
## **Bournemouth Foodbank**
## **Trustees' Report**
## _**Public benefit**_
In addition to providing much needed food, Bournemouth Foodbank also provides volunteer work experience, training and fellowship to help them move forwards into employment. Many volunteers have been former recipients of help from the Foodbank now wanting to give something back. Staff and volunteers have found this year challenging, When the first lockdown happened in March we lost over 50% of the volunteers overnight due to existing health issues and age. We had to adapt how we met the communities needs during this time, which in the first 6 weeks of the pandemic over doubled our numbers of referrals. We did this by opening the warehouse to a full day split over 2 sessions, we bubbled out volunteers and only allowed 5 in the warehouse, 4 in the office and this meant that we could socially distance well. This also enabled us to keep up with the increased demand. We found that furloughed staff rang up to offer help which was invaluable. We also opened up another warehouse in a nearby church (which was closed and empty during this time). This was a precautionary approach just in case we had to close the main warehouse doors due to an outbreak. Fortunately this was not needed but it did allow us to reduce our hours to normal and still keep up with the demand. Our hubs also managed to keep going with a skeleton staff and adapted to meet the demand by only seeing people outside and giving food out either by delivery or by an ‘over the counter service’ at the doors. I feel very proud of the work we have managed to do over this year and the huge effort put in by both staff and volunteers to ensure our neighbourhoods were fed and looked after. We also tried to keep in contact with our isolating and vulnerable volunteers to keep up their morale and to keep them feeling part of our extraordinary foodbank family.
We have been incredibly fortunate to have received many grants to help us continue and improve our service this year. We have set up and run Eat Well Spend Less on line this year. We adapted the original model to this Trussell Trust cooking and basic budgetting course to an on line version. We got in grants to cover the filming, and basic cooking equipment and the ingredients to enable 20 families so far to benefit from this great course. It has achieved 100% completion rate and really great feedback, candidates begging us for more weeks!!!! We have been encouraging our partner agencies to update their information with us to enable the volunteers and staff to signpost clients well and accurately. Our work with the referral agencies and the e referral vouchers stood us in great stead this year. It enabled them to issue vouchers remotely with a system they were really familiar with already.
Our plans to expand what we are doing at St Georges Methodist Church with the help and encouragement of the leaders and congregation has come on at a pace this year. Our Hope to bring more services within the actual structure of a session to make it much easier for clients to access the help that they need without having to go to multiple sites adding to their stress in their already stressful situation has stalled due to the current situation and our inability to meet with clients inside. However we have been working on this plan and hope to have it up and running as soon as allowed and it is safe to do so. We have however managed to get a client support volunteer who has been telephoning and offering help and guidance to those clients who have had to rely on us more than usual.
When planning the activities for the year, the trustees believe they have complied with the duty set out in section 4 of the Charities Act 2011 to have due regard for Public Benefit, and the specific guidance published by the Charities Commission, on charities for the advancement of religion.
## **Structure, governance and management**
## _**Nature of governing document**_
Bournemouth Foodbank is a company limited by guarantee and is also a registered charity in England and Wales No. 1143446 in which the directors also form the board of Trustees. The liability of each Trustee in the event of a winding up is limited to £1. Memorandum and Articles of Association of the company were adopted as the governing document of the company on the 23 June 2011.
Page 4
## **Bournemouth Foodbank**
## **Trustees' Report**
## _**Recruitment and appointment of trustees**_
The original trustees were appointed at the inception of the company on 1 October 2011. Trustees have responsibility to manage the financial and legal administration and the property and funds of the charity. Trustees are selected and appointed by existing trustees and any necessary training is provided, as of this date September 2020.
The systems of internal control are designed to provide reasonable but not absolute assurance against material misstatement or loss. They include:
*An annual budget approved by the Trustees.
*Monthly consideration by the Trustees of financial results and variances from budgets for both the year-to-date and month end; year-end forecast. *Delegation of day-to-day management authority and segregation of duties; and
identification and management of risks.
*Select suitable accounting policies and apply them consistently.
*Make judgments and estimates that are reasonable and prudent.
*Comply with applicable accounting standards subject to any material departures disclosed 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 operation. *The trustees are responsible for maintaining proper accounting records which disclose with accuracy at any time the financial position of the charity.
## _**Organisational structure**_
Operational Staff Team:
Debbie Bramley (Director) Rebecca Lent (Warehouse Manager) Lauren Osborne (Volunteer Coordinator) John Saborido (Office Manager)
Risk Management
A full risk management survey was carried out in August 2020. It involved identifying the major strategic, operational and financial risks to which Bournemouth Foodbank is exposed, prioritizing them in terms of potential impact and likelihood of occurrence. Systems will then be established to mitigate these risks. The action plan is reviewed annually as required to ensure its ongoing validity. As part of this process the Trustees will review the risk to the reputation and image of Bournemouth Foodbank, and a comprehensive process will be established to mitigate the risks we face in this area.
The Trustees believe that the internal financial controls conform to guidelines issued by the Charity Commission.
Connected Charities
The Trussell Trust
Page 5
## **Bournemouth Foodbank**
## **Trustees' Report**
The annual report was approved by the trustees of the charity on .................... and signed on its behalf by:
......................................... Scott Voisey Trustee
Page 6
## **Bournemouth Foodbank**
## **Statement of Trustees' Responsibilities**
The trustees (who are also the directors of Bournemouth Foodbank for the purposes of company law) are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.
Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards have been followed, subject 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 charitable company will continue in business.
The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company's transactions and disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by the trustees of the charity on .................... and signed on its behalf by:
......................................... Scott Voisey Trustee
Page 7
## **Bournemouth Foodbank**
## **Independent Examiner's Report to the trustees of Bournemouth Foodbank**
I report to the charity trustees on my examination of the accounts of the charity for the year ended 30 September 2020 which are set out on pages 9 to 18.
## **Respective responsibilities of trustees and examiner**
As the charity’s trustees of Bournemouth Foodbank (and 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 Bournemouth Foodbank are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I 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 I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner’s statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of Bournemouth Foodbank as required by section 386 of the 2006 Act; 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 2006 Act 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 principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].
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 understanding of the accounts to be reached.
......................................
27 Bascott Road Wallisdown Bournemouth Dorset BH11 8RJ
Date:.............................
Page 8
## **Bournemouth Foodbank**
## **Statement of Financial Activities for the Year Ended 30 September 2020 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)**
|**Note**
**Income and Endowments from:**
Donations and legacies
3
Investment income
4
Total Income
**Expenditure on:**
Charitable activities
5
Other expenditure
6
Total Expenditure
Net income/(expenditure)
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward
14|**Unrestricted**
**£**
115,533
13
115,546
(63,676)
-
(63,676)
51,870
51,870
54,994
106,864|**Restricted**
**£**
76,410
-
76,410
(60,073)
-
(60,073)
16,337
16,337
12,397
28,734|**Total**
**2020**
**£**
191,943
13
191,956
(123,749)
-
(123,749)
68,207
68,207
67,391
135,598|**Total**
**2019**
**£**
72,113
30|
|---|---|---|---|---|
|||||72,143|
|||||(75,378)
(792)|
|||||(76,170)|
|||||(4,027)|
|||||(4,027)
71,418|
|||||67,391|
All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2019 is shown in note 14.
The notes on pages 11 to 18 form an integral part of these financial statements. Page 9
## **Bournemouth Foodbank**
## **Balance Sheet as at 30 September 2020**
|**Note**
**Current assets**
Debtors
11
Cash at bank and in hand
12
**Creditors: Amounts falling due within one year**
13
**Net assets**
**Funds of the charity:**
**Restricted income funds**
Restricted funds
14
**Unrestricted income funds**
Unrestricted funds
**Total funds**
14|**2020**
**£**
2,782
133,494
136,276
(678)
135,598
28,868
106,730
135,598|**2019**
**£**
6,438
62,892|
|---|---|---|
|||69,330
(1,939)|
|||67,391|
|||12,397
54,994|
|||67,391|
For the financial year ending 30 September 2020 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 476; and
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements on pages 9 to 18 were approved by the trustees, and authorised for issue on .................... and signed on their behalf by:
......................................... Scott Voisey Trustee
The notes on pages 11 to 18 form an integral part of these financial statements. Page 10
## **Bournemouth Foodbank**
## **Notes to the Financial Statements for the Year Ended 30 September 2020**
## **1 Charity status**
The charity is limited by guarantee, incorporated in , and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £Nil towards the assets of the charity in the event of liquidation.
The address of its registered office is: 118 Haviland Road Bournemouth Dorset BH7 6HW
Authorised for issue date
## **2 Accounting policies**
## **Summary of significant accounting policies and key accounting estimates**
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
## **Statement of compliance**
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). They also comply with the Companies Act 2006 and Charities Act 2011.
## **Basis of preparation**
Bournemouth Foodbank meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
## **Going concern**
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.
## **Exemption from preparing a cash flow statement**
The charity opted to early adopt Bulletin 1 published on 2 February 2016 and have therefore not included a cash flow statement in these financial statements.
## **Income and endowments**
All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of the income receivable can be measured reliably.
Page 11
## **Bournemouth Foodbank**
## **Notes to the Financial Statements for the Year Ended 30 September 2020**
## _**Donations and legacies**_
Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance by the charity before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that these conditions will be fulfilled in the reporting period.
## _**Grants receivable**_
Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.
## _**Investment income**_
Dividends are recognised once the dividend has been declared and notification has been received of the dividend due.
## **Expenditure**
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.
## _**Charitable activities**_
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
## **Taxation**
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
## **Depreciation and amortisation**
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
**Asset class** Motor vehicle IT equipment
**Depreciation method and rate** 25% reducing balance 33.33% straight line
Page 12
## **Bournemouth Foodbank**
## **Notes to the Financial Statements for the Year Ended 30 September 2020**
## **Trade debtors**
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables.
## **Fund structure**
Unrestricted income funds are general funds that are available for use at the trustees's discretion in furtherance of the objectives of the charity.
Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.
## **Pensions and other post retirement obligations**
The charity operates a defined contribution pension scheme which is a pension plan under which fixed contributions are paid into a pension fund and the charity has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised in the Statement of Financial Activities when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.
## **3 Income from donations and legacies**
|Donations and legacies;
Donations from individuals
Gift aid reclaimed
Grants, including capital grants;
Grants from other charities
Donations from community groups
**Total for 2020**
**Total for 2019**|**Unrestricted**
**funds**
**General**
**£**
34,884
1,777
11,196
67,676
115,533
62,446|**Restricted**
**funds**
**£**
-
-
1,500
74,910
76,410
9,667|**Total**
**funds**
**£**
34,884
1,777
12,696
142,586|
|---|---|---|---|
||||191,943|
||||72,113|
Page 13
## **Bournemouth Foodbank**
## **Notes to the Financial Statements for the Year Ended 30 September 2020**
## **4 Investment income**
|Interest receivable and similar income;
Interest receivable on bank deposits
**Total for 2020**
**Total for 2019**
**5**
**Expenditure on charitable activities**
**Note**
Foodbank
Staff costs
**Total for 2020**
**Total for 2019**
**6**
**Other expenditure**
**Total for 2020**
**Total for 2019**|**Unrestricted**
**funds**
**General**
**£**
24,279
39,397
63,676
53,353
**Note**|**Unrestricted**
**funds**
**General**
**£**
13
13
30
**Restricted**
**funds**
**£**
41,969
18,104
60,073
22,025
**Unrestricted**
**funds**
**General**
**£**
-
792|**Total**
**funds**
**£**
13|
|---|---|---|---|
||||13|
||||30|
||||**Total**
**funds**
**£**
66,248
57,501|
||||123,749|
||||75,378|
||||**Total**
**expenditure**
**£**
**Total**
**funds**
**£**
-|
||||792|
Page 14
## **Bournemouth Foodbank**
## **Notes to the Financial Statements for the Year Ended 30 September 2020**
## **7 Net incoming/outgoing resources**
Net incoming/(outgoing) resources for the year include:
|Loss on disposal of fixed assets held for the charity's own use
Depreciation of fixed assets|**2020**
**£**
-
-|**2019**
**£**
792
191|
|---|---|---|
## **8 Trustees remuneration and expenses**
No trustees have received any reimbursed expenses or any other benefits from the charity during the year.
## **9 Staff costs**
The aggregate payroll costs were as follows:
|**Staff costs during the year were:**
Wages and salaries
Pension costs|**2020**
**£**
56,586
915
57,501|**2019**
**£**
31,581
300|
|---|---|---|
|||31,881|
The monthly average number of persons (including senior management team) employed by the charity during the year expressed as full time equivalents was as follows:
||**2020**||**2019**||
|---|---|---|---|---|
||**No**||**No**||
|Staff||4||4|
No employee received emoluments of more than £60,000 during the year.
## **10 Taxation**
The charity is a registered charity and is therefore exempt from taxation.
## **11 Debtors**
|Prepayments
Other debtors|**2020**
**£**
1,331
1,451
2,782|**2019**
**£**
1,413
5,025|
|---|---|---|
|||6,438|
Page 15
## **Bournemouth Foodbank**
## **Notes to the Financial Statements for the Year Ended 30 September 2020**
## **12 Cash and cash equivalents**
|**12 Cash and cash equivalents**|||
|---|---|---|
|Cash on hand
Cash at bank|**2020**
**£**
606
132,888
133,494|**2019**
**£**
278
62,614|
|||62,892|
## **13 Creditors: amounts falling due within one year**
|**13 Creditors: amounts falling due within one year**|||
|---|---|---|
|Other taxation and social security
Other creditors|**2020**
**£**
-
678
678|**2019**
**£**
72
1,867|
|||1,939|
Page 16
## **Bournemouth Foodbank**
## **Notes to the Financial Statements for the Year Ended 30 September 2020**
## **14 Funds**
|**Unrestricted funds**
**_General_**
General fund
**Restricted funds**
Client gifts
Nationwide
Warehouse refurbishment
Rent trust fund
Holiday Hunger
Asda fund
Covid 19 fund
Crisis fund
Dorset Community
Foundation fund
Eat Well Spend Less fund
Hendy (food) fund
IBFCC fund
National Lottery fund
Martin Lewis fund
Masonic fund
Neighbourly fund
Talbot Village fund
Vinci Warehouse Equipment
fund
**Total restricted funds**
**Total funds**|**Balance at 1**
**October**
**2019**
**£**
54,994
160
12
3,725
8,500
-
-
-
-
-
-
-
-
-
-
-
-
-
-
12,397
67,391|**Incoming**
**resources**
**£**
115,547
-
-
-
-
1,500
17,327
5,000
5,000
2,500
-
333
15,000
9,600
7,500
250
400
10,000
2,000
76,410
191,957|**Resources**
**expended**
**£**
(63,676)
(160)
-
(492)
(6,000)
-
(17,133)
(5,000)
(5,000)
(398)
(8)
-
(1,000)
(4,982)
(7,500)
-
(400)
(10,000)
(2,000)
(60,073)
(123,749)|**Transfers**
**£**
(134)
-
-
-
-
-
-
-
-
-
134
-
-
-
-
-
-
-
-
134
-|**Balance at**
**30**
**September**
**2020**
**£**
106,731
-
12
3,233
2,500
1,500
194
-
-
2,102
126
333
14,000
4,618
-
250
-
-
-|
|---|---|---|---|---|---|
||||||28,868|
||||||135,599|
Page 17
## **Bournemouth Foodbank**
## **Notes to the Financial Statements for the Year Ended 30 September 2020**
|**Balance at 1**
**October 2018**
**£**
**Unrestricted funds**
**_General_**
General fund
46,663
**Restricted**
Client gifts
160
Nationwide
3
Warehouse refurbishment
3,592
Rent trust fund
6,000
Street support
9,000
Holiday Hunger
-
**Total restricted funds**
18,755
**Total funds**
65,418
**15 Analysis of net assets between funds**|**Incoming**
**resources**
**£**
62,476
-
9
-
8,000
-
1,658
9,667
72,143|**Resources**
**expended**
**£**
(54,145)
-
-
(5,867)
(5,500)
(9,000)
(1,658)
(22,025)
(76,170)|**Balance at 30**
**September**
**2019**
**£**
54,994
160
12
(2,275)
8,500
-
-|
|---|---|---|---|
||||6,397|
||||61,391|
|||||
|Current assets
Current liabilities
Total net assets
Current assets
Current liabilities
Total net assets|**Unrestricted**
**funds**
**General**
**£**
107,408
(678)
106,730
**Unrestricted**
**funds**
**General**
**£**
56,933
(1,939)
54,994|**Restricted**
**funds**
**£**
28,868
-
28,868
**Restricted**
**funds**
**£**
12,397
-
12,397|**Total funds at**
**30 September**
**2020**
**£**
136,276
(678)|
|---|---|---|---|
||||135,598|
||||**Total funds at**
**30 September**
**2019**
**£**
69,330
(1,939)|
||||67,391|
Page 18
## **Bournemouth Foodbank**
## **Statement of Financial Activities by fund for the Year Ended 30 September 2020**
## **Unrestricted Funds**
|**Unrestricted Funds**|||
|---|---|---|
|**Income and Endowments from:**
Donations and legacies
Investment income
Total income
**Expenditure on:**
Charitable activities
Other expenditure
Total expenditure
Net income
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward|**Total**
**Unrestricted**
**Funds**
**2020**
**£**
115,533
13
115,546
(63,676)
-
(63,676)
51,870
51,870
54,994
106,864|**Total**
**Unrestricted**
**Funds**
**2019**
**£**
62,446
30|
|||62,476|
|||(53,353)
(792)|
|||(54,145)|
|||8,331|
|||8,331
46,663|
|||54,994|
This page does not form part of the statutory financial statements. Page 19
## **Bournemouth Foodbank**
## **Statement of Financial Activities by fund for the Year Ended 30 September 2020**
## **Restricted Funds**
|**Restricted Funds**|||
|---|---|---|
|**Income and Endowments from:**
Donations and legacies
Total income
**Expenditure on:**
Charitable activities
Total expenditure
Net income/(expenditure)
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward|**Total**
**Restricted**
**Funds**
**2020**
**£**
76,410
76,410
(60,073)
(60,073)
16,337
16,337
12,397
28,734|**Total**
**Restricted**
**Funds**
**2019**
**£**
9,667|
|||9,667|
|||(22,025)|
|||(22,025)|
|||(12,358)|
|||(12,358)
24,755|
|||12,397|
This page does not form part of the statutory financial statements. Page 20