THE OSWESTRY & BORDERS FOODBANK INCOME AND EXPENDITURE AccouNr FOR THE YEAR ENDED 31ST hL4RCH 2024
THE OSWESTRY & BORDERS FOODBANK CHARITY INFORMATION FOR THE YEAR ENDED 31ST MARCH 2024 CHARrfY's NAME The Osw¢stry & Borders Foodbank REGISTRATION NUMBFR 1143519 ADDRESS 56 Beatrice Street Oswesty Shropshire syii low TRUSTEES Rev Antony Bryan Maude (Chairnian) Michael Stewart Jackson (Treasurer) Carl Trevor Rogers Malcolm William Harold Hubbell Ruth Margaret Joyce Belk AndTea Ir¢ne t£e Kathryn Eleanor Davies (Secrctary)
THE OSWESTRY & BORDERS FOODBANK TRUSTEES ANNUAL RFPORT FOR THE YEAR ENDED 31ST MARCH 2024 The Foodbank's Constitution was adopted on 20th Jun¢ 2011 and amended (in respect of membership) on 12th June 2019. The Charity's obj¢¢tives are "the prevention or relief of poverty in Oswestry and Borders region by providing grants. ilems and services to individuals in need and/or charities or oth¢r organisation5 Working to Prevent or relieve poverty,. In pursuit of these objectives, the Charity: provides food parccls to people referred to as being in need. To achieve this. the Foodbank has entered into relationships with local churches, shops and other organisations to collect food. -hosts a number of organisation5 who provide help and guidance to ¢li¢nts. these include The Samaritans, Mental Health Scrvice. Citizen's Advice and West Mercia Women's Aid. - provides small grants lo p¢opl¢ at risk of. for example. eviction or suspension of power suppli¢s. The Foodbank's work is made possible through the efforts of its volunteers. There are approximately 35 volunteers who work across different teams in stock, front of house, operations and deliveries. The Foodbank operates from thr¢e pMIseS in Oswestry. No. 56 Beatrice Street is the registered address for the charity and house5 the main administrative office as well as being the main food distribution hub. The Foodbank also rents the next-door premises No. 58 Beatrice Street which is used to support its collalx)rations with Citizen's Advice. the Samaritans, the Mental Health Service and West Mercia Women's Aid. The Foodbank h&q a service level agreement with Cit17en5 Advice for providingl funding a financial inclusion worker for at least a period of three years, to support people with benefits, maximising income and other related issues in our work in ending the necd for foodbanks. Unit 9 Radford5 Field Industrial Estate is used for ihe storage of food stocks. The Foodbank continues to make deliveries to those households who are not mobile or are unable to collect their emergency food du¢ to costs of transport. The Foodbank has 6 volunteers who work An pairs. d¢liv¢ring to th¢ outlying households. Volunteer drivers are refunded mileage costs. Volunleers are also given a free lunch in the fomi of bought sandwiches, if they are working over the lunch period. Initially. th¢ Foodbank was wholly operated by volunteers. Some years ago. the Trustees took thc decision to employ a part-time Project Manager. In the previous financial year. an additional Deputy Project Manager was employed also on a part-time basis. This enabled the Project Manager to devote more time to making grant applications and WOTkin¥ with partner organisations. Tn the curr¢nt financial year, the Trustees de¢id¥d to employ two part-time Deputy Project Managers. As of November 2023. on¢ of these posts was funded by a Trussell Trust grant for 'Organising and Local
lthbilisation,. Dlle to ill-health, this post is now va¢ant. The F(dbat currently w0S with 144 referral agencie5, both statutory and othèr ChaTItie to support households ill need. Signposting and refening 80 both ways. These agencies include housin& children's services, GP surgeries, schools, the wuncil. home1&8s, mental health and Idiction services. Demands for help continue to be high, with 7530 people being helped in the fitwicial year 2023124. Low incon, physic4] and mental illness, as well a8 benefit delays and rising cost of essentials all contribute to the increasing need for the F(abank. Thanks go to New Life Church for the use of their upstairs rooms to pack Christmas hampers this year where 211 hanwers were created using 2,500kg of food, toiletries and gifts for nearly 700 pei)ple including children. The Fwjbank's income from £199,336 in 2022123 to £217,962 iti 2023124. Once again, this growth was largely through grant income which grew by over £18,000. A portion of this in¢ome was from grants obtained in 2021122 whicb were awarded for thtte years. The totsl of donations from individual give TOSe only marginally. The trend of rising expenditure on fo[ stocks has continu¢d. Th¢ 2022123 report noted an increase in the expenditu on food stocks from £18,164 in 2021122 to £32,197. This trend has bwi repeated in 2023124 with expenditurc on food stock rising to £72,374. Th¢ necd to make this apenditure has occurred becau8¢ whilst client demand continues to grow, food donations have not grown at the saTne rdte. The TtecS cxpcct that the rate of incr¢as¢ in food expenditure will lessen next year. Tn 2023124. the Foodbank acllleved a surplus of £37,190 which can be compared with the SUTplus of £72,489 in 2022r23. The TTUSte¢$ intend to usc tbis surplu8 to further the WO begun in 2022123 to prevent poverty in the Oswestry and Borders regioL Current surpluses will help to ensure that this work can continue when the which enabled it to begin reach the end of their terni. Th¢ financial reserrfes po]i¢y agreed by th¢ Trustccs in 2002123 requires them to 1nlA a reserve to the value of 50 % of the projected yearly ¢xpenditure. The trustees confid¢ntly b¢lieve that they have complied fulty with the legal duty of having regard to public benefiL &8 set out in Charity Commission guidance. Signed on behf of the Tnte¢S on 2(hh June 2024. Rev Antony ryan Maude {Chaiman) Kathw El¢anorDavies (sretary)
THE OSWESTRY & BORDERS FOODBANK INCOME AND EXPENDITURE ACCOUIYT OR THE YEAR END 1ST IKARCH 2 2024 2023 COME Grants (Note l) G¢n¢ral Donations (Note 2) 140,463 77,499 217,962 122,265 77,071 199,336 LESS EXPENSES Rent (Note 3) Uttlities tnsuran¢es Salaries (Note 4) F(KMI Stocks Chrislmas Hampers Clienl Welfare Payments Trussell Trnst Membership I.C.O. Membership Community Money Advice Citizens, Advi Refurbishment of 58 Beairice Street 0]ee Supplies (Note 5) Volunteer Expenses (Note 6) Health & Safety Expenses (Nole 7) Training Trustee Expenses Employee Expenses Accountancy fe¢s Donations Petty Cash 13.800 6,565 1.253 43.571 72,374 9,720 1.093 21.582 5.683 1,042 28.138 32,197 7,169 898 35 35 268 26,159 21,830 4,166 1,338 759 876 210 2,503 1,873 658 18 32 456 612 50 576 80 180,772 126.847 EXCESS OF INCOME OVER EXPENDrruRE 37.190 72,489 Bank reconciliation Opening balance Income less Expenditure Closing balance 207,332 37,190 244,522 134,843 72,489 207,332 Funds Balance Restricted Funds Unrestricted Funds 44,612 199,910 244,522 30.559 176,773 207,332
NOTES TO THE ACCOUNTS 2024 2023 I. GRANTS Trussell Trust Shrewsbury Food Hub (UNICEF) Shropshire Towns & Rural Housing c0p Local Food Community Powys CC Oswe5ty TowTr Council JJH Rausing Trust Jos¢ph Kcith Burgess Foundation Western Power Distribution Community Organisations Cost of Living Fund 55,508 56.452 5,000 10,000 .510 8,000 3,547 3,000 4,990 41,776 2,500 30,445 40,000 140,463 122,265 2.GENERAL DONATIONS As noted in the Trustees Annual Report, general donations gr¢w by less than 10/0 (£428) from 2022123. DoTJations from thc Charities Aid FoundatÈon amounted to £7.355, whilst donations from churches in the area to £715. The remaining £69,429 came from a wi(k variO of voluntary and commercial organisations and frotn many individual people. Th¢ Foodbank Trustees are grateful to them all for their g¢ner05ity. 3. RENT Last yeavs 1)tal figure included an adwance paymeT]t of £8,167 for the industrial estate uniL This covered a twenty four month period from 1st September 2022 so therc is no cost in this y¢ar's accounts 4. SALARIES Gross Salary Project Manager EmployeEs National Insurance Contributions Employefs Pension Contributions Adjustment re PAYE creditor 22.684 19,784 493 (181) 22,996 407 (117) 20,074 Gross Salary Deputy Project Managers (x3) Employer's National Insurance Contributions Ernployer's Pension Contributions Adjustment re PA YF. creditor 17,355 8,190 224 (145) 17,434 84 (210) 8,064
Gtoss Salary Campaigns Manager Employees National Insurance cOntutiOnS Etnployees Pension Contributions Adjuslment rc PAYE creditor 3,267 36 162 3,141 5. OFFICEICONTAINER EXPENSES Printing. Statiotsery & Postsgc Shelving Repairs, Maintenance & Consumables Shredditig Kitchen Equipment Sign Broadband & Compu*r Software Furniture & Blinds Capital expendibjre - Mac Air Capital ¢xpendltu- Asus Laptop & Printer Capital expenditure- Laptop 1,112 1,385 705 258 415 32 55 336 424 280 302 520 2,503 4.166 6. VOLUNTEER EXPENSES 405 78 Parking Pern]ii & PaTkin8 Counselling Services Travelling Expense8 Volunleers, Meals 50 503 705 1,338 400 1,068 1,873 7. HEALTH & SAFETY EXPENSES Hand Sanitiser. Masks, Screens & Hi-viz items Fire Extinguishers & Services Fir¢ Exit Signs FiTSt Aid Kit 81 678 492 12 145 658 759 These accounts were approved by the Tnt on 20th June 2024. and were signed on its bebalf by . Rev Antony Bryan Maude (Chaimw)) Kathryn Eleanor Davi&8 (Secretary)
INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF THE OSWESTRY & BORDERS FOODBANK I report to the trustees on my examination of the accounts of the above charity for the year cnded 31st March 2024. RpeCtIVe pOnsIbilitieS of trustees examiner The charity's trustees are responsible for th¢ pr¢paration of the financial statements. The charity's trust$ consider that an audit is not required for this year under section 144(2} of the Charities Act It is my resJx7nsibility to: (i) examine the financial statements under section 145 of the 2011 Act, {ii) to follow the procedures laid down in the general Directions given by the Charity (iti) to stste wheth¢r particular nJatters have come to my attention. Basi$ of independeut examiner's report My examination was caled out in accordance with the general Directions given by the Charity Independent exAmlner's $tstement In Connection with my examination. no matter has come to my attention: (a) which gives me reasonable cause to believe that in any material respect th¢ requirements: (i) to keep accounting records in accordance with section 130 of th¢ 2011 Act" (li) to prepare financial ststements which accord with the accounting records and comply with the accounting requirements of the 2011 Act; have not been met or to which, in my opinion, attention should be drawn in order to enable a prop¢r undorstanding of the accounts to be reached. (b) O1(&LJ 4 6¢ LLe Simon Rivara BS¢ (Hons) FCCA CTA Cadwallader & Co LLP Chartered A¢¢ountants Eagle House 25 Severn Street W¢lshEX)oI Powy5 SY217AD 20th June 2024
THK OSWESTRY & BORDERS FOODBANK TATEMENT OF ss TS ND LTABI AS AT 31ST MARCH 2024 R#trleted Uwes CASH FUNDS Cumt Account 44,612 199,910 INVESTMEIW4T ASSETS Food Supplies Furniture and Equipment Second-hand freez¢r Trestle tabl¢s Shelving Weighing scales Kitchen equipment Plastic IM)xes Anti-slip mats Sofy footstool, coffee table & 4 chairs Second-hand stacking chair8 As-new large privacy sofa Second-hand kitchen thble New kitchen equipment New tsble and chairs New pictures N¢w sundri¢s 20 shelving units Weighing scales Trolleys Plostic crates Paper bags Christmas itenL8 Office Equipment Printer 58 Printer 56 Compute Wi-Fi network disk8 Second-hand filing thinets 58 Filing cabinets 56 t orvatue 21.04 200 400 3,500 200 500 loo 500 2W 80 300 350 50 3,511) 200 200 200 800 329 300 2,500 loo 150 400 Sis beha of the Trustees on 20th June 2024. R¢v Anton Bryan Maude (Chairnwi) Kathryn Eleanor Davies (S¢cretary)