## **Chairman’s Report 2020** Our work has taken on a completely different look due to the pandemic from the first lockdown. Provision has increased beyond all expectation. We had to adapt daily to meet different challenges. We started a delivery service to shielding clients. This was not as easy as it sounds. We needed delivery drivers, the food boxes had to be Covid safe. The volunteers’ safety was paramount and new procedures had to be put in place. This service increased daily and during the first lockdown we provided nearly 6,000 delivered meals. Subsequent lock downs have not been that hectic, thankfully! Many of our volunteer drivers had returned to work. Our normal client provision increased from a norm of 10-12,000 meals a month to 26,000 meals at the height of the pandemic. The provision of food was a continuous challenge due to many of our collection points closing overnight. This brought about a different area of sourcing food for our depleted stock. Many of our supporters recognised our plight and provided the funds to purchase supplies. We were blessed with much needed income to cover our costs which increased from £4k a month to £4k a week. Two large donors C.C.F. and Feeding Britain were fantastically generous with their gifts. Many local private donations were made which gave us extra funds to meet the increased costs. Although losing Jen in August was not only a bitter blow to us as a family, she was badly missed from the office work. Funds were provided and guaranteed for five years to pay for office staff to take on Jens work for which she volunteered. The Simon Reeve programme went beyond expectations and we can safely say our financial position is secured for several years to come. A blessed position to be in. Our warehouse is well stocked and through our Food Share operation we are supplying many other charities with product. Feeding Britain is supporting our Food Share work as is Fareshare. There is plenty of work to do supporting and suppling many struggling organisations and families across Cornwall and our central warehouse is pivotal and vital in this service. What the future holds is very uncertain. I believe that we have a solid organisation ready to meet and deal with food poverty across Cornwall. Respectfully submitted by Don Gardner Director of Operations TIiANSFORMATION CPR STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2020 Restricted Funds Unrestritted Total Funds Funds 2020 2019 INCOMING RESOURCES Activities in furtherance of the Charity's objects- Grants & Donations {21 143963 195469 339432 55101 Other Income Investment Income.. Interest Received 143963 195469 339432 55101 RESOURCES USED Costs of Artivities in Furtherance of the Charity's Objects: Direct Charitable Expenditure Depreciation Other Expenditure: Fund-Rai5ing. Publicity. Management & Administration TOTAL RESOURCES EXPENDED {31 87930 767 87930 3114 47532 1748 2347 3572 5919 3572 4616 4627 53907 88697 Net Incoming Resources For The Year= Before Transfers Transfer Between Funds NET MOVEMENT IN FUNDS TOTAL FUNDS BROUGHT FORWARD 55266 189550 244816 1194 55266 189550 24403 244816 24403 1194 23209 TOTAL FUNDS CARRIED FORWARD 55266 213953 269219 24403 Page I TRANSFORMAnON CPR BALANCE SHE￿ AS AT31" DECEMBER 2020 Restricted Funds Unrestricted Total Funds Funds 2020 2019 TANGIBLE FIXED A55Ers Bank Current Account Balance 14) 12055 18963 8412 93703 201898 295601 15991 IIX)611 213953 314564 24403 Les5'. abilities {51 45345 45345 NET ASS￿$ 55266 213953 269219 24403 FUNDS Restricted Unrestricted 55266 55266 2139S3 213953 24403 55266 213953 269219 24403 Approved by the Tru ees Chalrman Tru Date ts Pryor Begent Fry & Co. Chartered Accountants Page 2