Bristol North West Foodbank
(A charitable company limited by guarantee)
Trustees Annual Report
and
Unaudited Financial Statements
For the Year Ended 31 March 2021
Charity number 1147727 Company number 8089474
Bristol North West Foodbank Accounts for the Year Ended 31 March 2021
| Contents | |
|---|---|
| Reference and Administrative information | 4 |
| Trustee’s Report | 5-16 |
| Trustees’ responsibilities in relation to the financial statements | 17 |
| Independent Examiners Report | 18 |
| Statement of Financial Activities | 19 |
| Balance Sheet | 20 |
| Notes to the Financial Statements | 21-23 |
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Reference and Administrative information
Charity Name: Bristol North West Foodbank Charity registration number: 1147727 Company Registration Number: 8089474 Registered Office: Social Justice Hub St. Andrew’s Church Avonmouth Road Avonmouth Bristol BS11 9EN
Board of Trustees/Directors:
Mr Jonathan Ball Mr Graham Burley Treasurer Mr Jonathan Lee Rev Dr Andrew Murray Chair Mrs Emma Murray Foodbank Manager Miss Ann Roberts Mrs Selina Salisbury Independent Examiner: Mrs Emma Brook ACA 124 Reedley Road Bristol BS9 1BG Bank: Lloyds TSB PLC 15 High Street, Westbury on Trym, Bristol BS9 3BY Solicitors: Veale Wasbrough Vizards Orchard Court, Orchard Lane, Bristol BS1 5WS
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Bristol North West Foodbank Trustees’ Report for the Year Ended 31 March 2021
Structure, Governance & Management
Governing Document: Memorandum and articles of association Incorporated on 30[th] May 2012 Registered on 18[th] June 2012
How is the charity constituted: Charitable Company limited by guarantee
Trustee selection method: Election by Trustees
Charity Objectives
The prevention and relief of poverty in particular (but without limitation) in the north west Bristol area, in particular (but without limitation) by providing food and support to individuals and families facing short term times of crisis.
Aims of the Charity
Our aims are to alleviate poverty through the provision of food parcels to those in crisis, in partnership with local care agencies who refer clients in crisis to us. By signposting to care agencies, advice services and other support agencies we aim to seek resolutions to a client’s immediate crisis, which is causing their need to use the Foodbank. Anyone in need can be referred to the Foodbank, regardless of their race or creed.
Charitable Activities
The Foodbank is run in partnership with churches and their members in North West Bristol. The North West Bristol area includes (but is not limited to) Shirehampton, Sea Mills, Lawrence Weston, Avonmouth, Pill, Severn Beach, Westbury on Trym, Stoke Bishop, Coombe Dingle, Clifton, Cotham, Hotwells, Henbury and Brentry. The Bristol North West Foodbank is a part of the Trussell Trust network of 430+ Foodbanks in the UK.
The Foodbank is aware that a crisis may come in many forms, including (but not limited to) redundancy, revocation of benefits, ill-health, family break-up or unexpected large bills. The Foodbank regularly meets the needs of such individuals. Anyone in need in the North West Bristol community is welcome to receive food packages, regardless of their faith or creed.
Individuals, churches, schools and other interested organisations donate money and non-perishable food to the Foodbank. The food is then stored in three outlets located at churches in Henbury, Lawrence Weston and Avonmouth and several containers in Avonmouth (which have been registered and inspected by Bristol City Council's food hygiene team). Food is also transported in our mobile store van to resource our fourth outlet in Hotwells. Future outlets may open in the future as the Foodbank expands.
The Foodbank works in partnership with local care agencies, charities and other organisations which include (but is not limited to) General Practitioners, health visitors, the Citizen's Advice Bureau, church ministers, community workers, schools, social workers and children's centres. Individuals involved in these agencies are able to identify
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vulnerable families or individuals facing short term times of crisis and need immediate assistance. The local care agencies will make a judgement call as to which people are in need of the Foodbank's help. This will come following contact with these individuals where time has been taken to understand their personal circumstances and needs.
Where an individual is identified as requiring the Foodbank's assistance, they are issued with an e-voucher. These are usually given where there is no other option available to the individual at that time. This entitles them to enough nutritionally balanced food for three days for themselves and their family (if applicable). There are currently 400 referral agencies in the area who issue these vouchers.
The Trussell Trust online database is used to log the names and addresses of the individual and their family (if applicable) being issued a voucher. This acts as a safeguard to prevent the abuse of the system. In a six month period, if an individual has more than three vouchers (nine days' worth of food) from the Foodbank, we will investigate the cause of their crisis with their referral agency and offer them an appointment with our advice worker to tackle the underlying cause. A flagging of an individual after three referrals, is in place to prevent them from becoming dependent on the Foodbank for food. In exceptional circumstances, after discussion with their referring agency, further vouchers can be provided.
The vouchers can be redeemed at the four outlets mentioned above, or be home delivered if the client is isolating or because they are housebound or sick. The voucher identifies the type of crisis which that individual is experiencing. As the individual waits for their food package to be prepared, complimentary refreshments are provided. Foodbank volunteers are available at talk to at this time, and where appropriate, the volunteers help the individuals to identify whether the client would benefit from an appointment with one of our Advice Workers.
The Foodbank volunteers come from the local churches and communities. They assist in running the four Foodbank outlets by packing and distributing food, and, also by offering support whilst the food packages are prepared. There are other care agencies which could assist individuals during their short-term time of crisis, and the Foodbank is able to help in identifying these. Many of the volunteers act as Foodbank ambassadors within their local church, work and community to encourage people to make regular and reliable donations to maintain a balanced stock of food within the Foodbank.
Achievements and Performance for the Year
Overview
We have had what one can only describe as an exceptional year seeing the Foodbank operation and team has been put under tremendous pressure. As we faced lockdown we lost more than 90% of our usual 100 strong volunteer team and we had to draft in 50 volunteers from our local communities. Three of our four Foodbank outlets had to close, and we turned our efforts to home delivering and opening at St. Andrews every week day morning for collection. Between beginning April 2020 and end March 2021 we have provided emergency food to 12093 people, a massive 68% increase on the previous year. On some days during lockdown we were delivering 50 parcels a day!!
We are hugely grateful to St. Andrew’s Church for allowing us to take over the entire building to meet the demand during the Coronavirus Pandemic. We have heard many upsetting stories of client’s situations, so it has been a joy to be able to respond with generous food parcels.
This March has seen our 10th Birthday, which has been hard to believe. We’ve been reviewing our statistics. It’s been really sad to see the increase in domestic violence cases.
We re-opened the Four outlets in Henbury, Lawrence Weston, Hotwells and Avonmouth at the beginning of September 2020 for at the door collection. This is going really well and has had the benefit of bringing back the pastoral care side of the Foodbank operation. People have really appreciated the personal conversations at the door, and we have signed up people for advice appointments much more readily through this. It’s also been a delight to hand out the hundreds of Regatta Waterproof coats and Fleeces that we were given from Bailey’s Caravans over the winter. People have been in tears over receiving these.
Our Advice Worker, Hero, has been flat out with appointments and we are delighted that we now have funding to take on a Covid recovery Advice Worker and a Support Worker to assist with this work. They started work on the 1st of April 2021.
Throughout this exceptional year we have also had the ongoing building works, which is now complete. This was to build our new extra Homebank electrical store, the Space4Makers Workshop and the conversion of the old boiler building as an overspill for Homebank and a store for Workshop projects in progress. We are hopeful that the Workshop will open in October 2021.
The Foodbank has a superb team who have worked so hard this year and I want to take this opportunity to sing their praises and thank them. I also want to thank Jesus for the daily miracles of provision and strength he has given to us as we’ve had to deal with some very upsetting and stressful situations. Without him we could not continue do this work.
Partner agencies
We have 400 (distributors) agencies who give out our vouchers to those that they identify as being in a crisis situation.
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Areas we cover
Bristol North West Foodbank is now covering the following areas for emergency food: Avonmouth, Severn Beach, Pilning, Pill, Lawrence Weston, Shirehampton, Sea Mills, Coombe Dingle, Stoke Bishop, Westbury on Trym, Westbury Park, Henleaze, parts of Southmead, Clifton, Redland, Henbury and Brentry. Hotwells, Long Ashton and Cotham. We occasionally help clients outside of these areas who may be referred to us by our registered agencies. We also accept other Trussell Trust Bristol Foodbank’s vouchers and they accept ours when they turn up from time to time.
Our Homebank covers the whole of the City.
Volunteers
We are so grateful to the faithful team of volunteers on our rotas who help the Foodbank to work week by week. We have over 75 actively volunteering volunteers (plus 57 who have returned yet due to Covid), many from local churches who do a variety of tasks such as sorting and packing food, admin, greeting clients in the cafe, serving drinks and collecting food from local churches. We have 10 volunteers who are trained in the ‘Food Safety in Retail’ level 1 & 2 to manage the fresh food we receive from M&S and Warburtons. We have 8 volunteers who run our Eat Well Spend Less Courses. These have been on hold due to Covid but are planned to restart in November 2021.
During the Covid crisis we have had over 80 volunteers helping us with home deliveries, sorting and packing food, working in the office and on the front desk.
During the year we also welcomed a number of one-off volunteer teams including the Co-op distribution centre, teams from local co-op stores, Standcold, British Gas, Ambition Lawrence Weston Also, staff and young people from Bristol Grammer School and Clifton College.
We continue to have a placement relationship with Trinity Theological College. We had five Trinity students on placement with us throughout this year. We’ve also have a Ministry Training Experience student, Megan, on placement with us every Tuesday for the whole year, which has been a huge blessing to the Homebank team.
Advice Work and Signposting
A key part of our work is to help clients with trying to sort out the driver leading them to need help with emergency food.
We have two Advice workers who work alongside our clients to support them with benefit claims, grant applications, referrals to debt help etc. We have developed a check list leaflet for volunteers to use when talking to clients to help direct conversations to needs they might have. This leaflet then enables our advice worker to get in contact with the client if necessary and make an appointment. Our Advice worker has also revamped the section of our new volunteer training on signposting and has started to develop signposting folders for each of outlets, as a reference tool.
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During Covid all of our Advice appointments have been over the phone and continue to remain so at present, which has changed our statistics slightly. In April 2021, we employed a Covid Recovery Advice Worker with some funding from the Churches City Fund. We also took on a Support Worker to assist the Advice workers with some of the behind the scenes admin tasks. This is also reflected in our slightly in our stats, but will make impact in the next financial year.
Statistics on clients seen by our employed advice worker this financial year in comparison to previous time periods.
----- Start of picture text -----
Apr 20 – Apr 19 – 2019 Feb-Mar Sep Aug Start –
Mar 21 Mar 20 19 t 18 2018 July 18
–
Jan
19
(Recordable) Clients seen 211 222 223 50 97 18 35
Clients with Mental Health 82% 86% 86% 82% 75% 83% 80%
or Physical Health
conditions:
Individual interactions with 745 421 418 (more 113 163 33 50
clients (varying from per week
appointments lasting later in the
several hours, to brief year,
informative texts, or working when
on grant applications not in hours
the presence of the increased)
client):
Clients that had not, prior to 55% 66% 72% 90% 80% ? 57%
us, (Much
received any other lower as
support/advice we were
whatsoever around any of taking
their issues (anything from external
children’s centre to referrals
probation to mental health for clients
worker): that did
not need
foodbank
, but
needed
help to
complete
benefits
forms)
Grants applied New way 65% 44% 10, plus 9 40% 22% 16%
for: of (includes (increased referrals
recording homebank on last to
stats: ) year as Homeban
54 we now k
external offer
(i.e. not homebank
including )
----- End of picture text -----
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----- Start of picture text -----
Homeban
k or
DEFRA)
grants
applied to
for 36
people.
Almost
everyone
had a
homeban
k
applicatio
n made
for them.
Clients helped re. 56% 53% 61% 52% 59% 100% 67%
benefits:
Clients helped re. 56% 60% 60% 65% 74% 89% 53%
debts:
Clients helped re. other 99% 95% 94% 94% 99% 83% 87%
things, incl
Housing, Employment,
Physical/
Mental Health, Legal,
Homelessness:
Clients and/or signposted to 79% 87% 83% 83% 83% 67% Stat not
specialist calculate
external organisations d
(30+ separate
organisations):
Referrals/appointments 52% 38% 44% 56% 40% 8 (for 34%
made for 6
clients with external clients
specialist )
agencies
----- End of picture text -----
We encourage Foodbank clients to sign up to help from our Advice Worker when we recognize that they are continuing to try and access the Foodbank after having three emergency parcels.
Home Delivery Service
Our home delivery service has been heavily used this year due to Covid isolating, sickness and the increase of Homebank deliveries. This year we’ve done a phenomenal deliveries to 2497 households helping 6884 people (adults and children) This has been a massive undertaking and could only have been achieved with the help of the many volunteers from our local community stepping in.
Agencies are able to indicate whether a client needs home delivery at the point of referral and we were delivering daily during the lock downs, but since September 2021 we are only delivering on a Wednesday and Friday morning, with the help of a team of volunteers.
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We are continuing to work to promote Foodbank access for the over 65 age group, the sick and the elderly through this service.
Bristol 5k Partnership
The 5k partnership closed this year because it was no longer needed with the expansion of Trussell Trust Foodbanks covering the whole of the City.
Emma Murray, our Foodbank Manager, was one of the 5K Partnership Trustees.
Publicity and Raising Awareness
We have worked hard this year to raise awareness about the work of the Foodbank during Covid. Emma Murray the Manager and Hazel Craig the Assistant manager have spoken on BBC Radio Bristol, Heart FM, and filmed news reports for ITV West Country and BBC Points West on several occasions.
During Harvest we also raised awareness of the work of the Foodbank through a film that we made about the work of the Foodbank that we sent to schools and churches because we weren’t able to go in and take harvest assemblies
Staffing & Training
Our Advice worker has trained up our new Covid Advice worker this year and is continuing to train our Support Worker. She has also attended the following training:
-
Benefits for EEA Nationals 14-15th July 2020 CPAG
-
Best Practice for completing a PIP Applications 11/08/2020
-
Benefits and Covid 15 Sept 2020 CPAG
-
UC for Housing 6-7 Oct 2020 CPAG
-
Income Maximisation for Older People 30 Nov – 1 Dec 2020 CPAG
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DLA for Children 26-27 Nov 2020 CPAG
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Benefits for Non-EEA Nationals 4-5 Nov 2020 CPAG
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Local authority support for migrant families with no recourse to public funds (NRPF) Project 17 Wednesday 10th February 2021
-
Obtaining Citizenship for Non-UK Nationals – Immigration Advice Service – 24th March 2021
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Eat Well Spend Less
We have not been able to run our courses this year because of Covid. We are planning to restart our courses In November 2021.
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This course has been developed by the Trussell Trust as part of their ‘More Than Food’ programme. The course runs for six mornings over six weeks. You do not have to be a Foodbank client to come on these courses. We have had some Foodbank clients and a number who have self-referred from seeing our adverts in the local community magazines.
The course teaches basic food hygiene, knife skills, managing your food budget, recycling skills, preparing a menu and gives each course participant the opportunity to cook two food items each week that they can take home. These include things like homemade pizzas, porridge, cereal bars, omelettes etc.
The course has been a real success. Here are a couple of things the participants have said about it this year, “Loved the course. Want another one asap!! Please.” And “It was informative, practical and the company of fellow learnee cooks was very pleasant and welcome.”
The course is run by a fantastic group of Foodbank volunteers, headed up by Ginny O’Conor who we are extremely grateful to. The coming year is uncertain. We have had to cancel our two April courses due to the Covid-19 Pandemic. We hope to be able to restart our courses in late 2021.
Homebank
The Homebank has now been running for just over two years. This project was set up in response to the need we were seeing from our clients. The project takes in second hand and new kitchen utensils, plates, pans etc, bedding towels plus small electrical items such as toasters, kettles, vacuum cleaners and microwaves as well as fridges and freezers. These are cleaned and pat tested and then our Foodbank referrers are able to make requests for items for their clients. Many are people coming off the streets or out of hostels into new accommodation where they need everything. We are able to help with most things to set up a kitchen and bedroom. We provide limited delivery of fridges and freezers. With this project we have linked up with a the Lidl Warehouse, local solicitor, the University and Blaise Weston Court in Lawrence Weston and a house clearance company to source some of the items. We also have large quantities of donations from the general public.
We’ve also seen our Homebank work increase this year. We’ve managed to provide 202 household goods orders to help 403 people.
Space for Makers Woodworking Workshop
We're delighted to have secured funding from the Bristol City Council “Port Community Reslience Fund” last financial year and now completed the extension on our Social Justice Hub, to house our new Space4Makers Woodworking Workshop.
The vision for the Workshop is to provide informal groups and activities, alongside training programmes that engage with the wider community to reduce social isolation, strengthen families, engage young people and young adults to develop confidence & skills that can help them into work.
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We have plans to run a range of activities in the workshop, perhaps a furniture restoration & upcycling group, parent/child group, model making club, even making wooden surfboards! We would love to see some of the activities growing into social enterprises that could eventually contribute to the running costs of the facilities.
Wessex Water have come alongside the Foodbank to help fund this project and partner with us to provide staff to help with mentoring and they will be funding our Workshop Tutors and enabling local schools in the UPAs we are working in, to build time in their curriculum to transport children to the workshop to experience woodworking skills. There is also the possibility of apprenticeships for those excelling in their workshop skills.
Mark Burgoine and Neil Sutor are our Workshop Tutors who are due to start work on the 10th June 2021.
E-referrals
We have been working hard this year to move our referral agencies onto the Trussell Trust Data system for referrals, rather than using the old red paper voucher or email referral system. This is a work in progress, but we are hoping to have all our agencies moved over to this secure referral system by the end of 2021.
Fresh & Chilled Food
We have been providing fresh vegetables, bread and fruit from the surplus from supermarkets over the last 7 years. During Covid we have very much increased our intake of fresh goods from local supermarkets and also purchased fruit and vegetables so that we are able to send out a fresh box with each of our non-perishable food parcels. We increased our capability to handle this by purchasing a fridge trailer and three fridges for our kitchen. We currently take fresh food from several Co-ops across North West Bristol, a Tesco express, Waitrose, Aldi, Lidl, M&S and Bookers. This is arranged through Neighbourly, Food Diverse and FareShare Go.
We also get Smoothies from Innocent through UK Harvest and chilled items from Bookers.
We have worked hard to make sure this is all handled carefully and strict records maintained. All of our staff handling this food have been trained in ‘Food Safety in Retail’.
With this capability we are also able to take one off donations at a moments notice from restaurants, shops and Fareshare if there is surplus.
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Bristol North West Foodbank Analysis of Performance
The Foodbank has seen an increase in usage this year of 68%. The amount of people supplied with food this financial year is 12092, compared to 7189 the previous year.
These figures can be broken down as follows:
Crisis type resulting in use of the Foodbank
Ethnic Groups using the Foodbank
The Bristol North West Foodbank is available for anyone in the community in need, regardless of their race, faith, creed or family background. We no longer collect this data or have access to it following the introduction of GDPR.
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Age Groups using the Foodbank
Sizes of Families using the Foodbank
Food donated this year
The food we gave out to our clients was donated to us by 204 donors, which includes individuals, local businesses, schools, local scout and book groups and many churches. Local churches and individuals make up the bulk of our ongoing donors who provide the majority of our food. We are most grateful for their continued faithful support. Our supporters gave us a whopping 197274.7kg food to give to clients over the financial year.
We now have thirteen permanent collection points at supermarkets. These are at Sainsbury’s Clifton Down, Sainsbury’s Whiteladies Road and Waitrose in Portishead and Clifton Triangle, Lidl in Lawrence Weston and Co-op stores in Westbury on Trym, Henbury, Crow Lane, Clifton Village, Henleaze, Westbury-on-Trym and Avonmouth and Tesco Nailsea where the public can make their donations.
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We also have 16 churches with permanent collection points that are also open to the public. Our van makes weekly pick-ups at these churches and the supermarkets.
We continue to receive food from Marks and Spencers at Cribbs Causeway, through a scheme called ‘Foodroute’ managed by Neighbourly. We pick up close dated fresh vegetables, fruit, bread and other miscellaneous items three times a week which we make available to our clients to help themselves on top of their food parcel. This accounted for 6165kg food this year
We have added the collection of fresh, close dated food from Lidl in Lawrence Weston and Aldi in Henbury & Portishead (through Foodroute) and Tesco Express, Stoke Bishop (through Foodcloud) totally 8373kg given this year. This food is given out in addition to our Food parcels. We also continue to get fresh bread from Warburtons once a week. This amounted to 1134kg of bread over the year.
The Co-ops including the regional distribution centre have also given us 7996kg food this year.
Bookers and Innocent (through UK Harvest) have given us a total of 1384kg of chilled items this year.
With the start of the Corona Virus Lockdown we were inundated with perishable food from shops, restaurants and schools, some of which is reflected in this year’s statistics.
We were pleased to be able to give out over 200+ Christmas hamper bags during December in addition to our regular food parcels. These provided items such as Christmas Puddings, Tinned Ham, Stuffing and other Christmas treats. We were also able to give out new toys to families with children in addition to food, thanks to a donation from the charity, ‘Every Child Needs Christmas’.
We collected food this year from 45 local schools and churches from their harvest festivals.
Donor event statistics:
| Event | Weight kg | |
|---|---|---|
| Christmas | 2,690.13 | (1.36%) |
| Easter | 76.43 | (0.04%) |
| Other Foodbanks | 1,968 | (1.00%) |
| Government Boxes | 33.15 | (0.02%) |
| Harvest Festival | 4,899.65 | (2.48%) |
| For Coronavirus Outbreak | 5,706.47 | (2.89%) |
| Ongoing Donors | 160,975.14 | (81.57%) |
| One Off | 427.21 | (0.21%) |
| Supermarket Collections | 20,574.95 | (10.43%) |
Total: 197,351.13kg donated this financial year.
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Statement of Financial Activities Income and Expenditure Account Year Ended 31 March 2021
| Notes | 2021 | 2020 | |
|---|---|---|---|
| Income | 1 | ||
| Donations & Grant Income | 686,250 | 265,041 | |
| Gift Aid Recoverable | 24,621 | 6,196 | |
| 710,871 | 271,237 | ||
| Expenditure | |||
| Charitable Activities | 416,893 | 267,819 | |
| Operating Surplus / (Deficit) | 293,978 | 3.417 |
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derives from continuing activities.
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| ance Sheetasat31March 2OZt | |||
|---|---|---|---|
| 2027 | 2020 | ||
| f | t | ||
| FixedAssets | |||
| Tangibleassets | 3 | 32,L84 | 1.3,457 |
| CapitalisedWorkinProgress | 3 | 1.28,944 | 4,374 |
| 1,61.,128 | 17,825 | ||
| CURRENTASSETS | |||
| Stocksof food | 90,845 | 20,836 | |
| Debtors | 4 | 5,825 | 3,492 |
| Cashatbank and in hand | 237,544 | 1.65,237 | |
| 334,2L4 | 1_89,566 | ||
| CREDITORS | |||
| Amounts fallingduewithinone year | 5 | (126,307) | (132,31.4) |
| NET CURRENT ASSETS/(LrABrLrTrES) | 207,907 | 57,252 | |
| TOTALNET ASSETS | 369,035 | 75,477 | |
| RESERVES | |||
| UnrestrictedFunds | 6 | 369,035 | 63,840 |
| RestrictedFunds | 6 | 1,2,069 | |
| TOTALFUNDS | 369,035 | 75,077 |
Bristol NorthWest Foodbank (Limited by Guarantee) Year Ended 31 March 2021 Notes to the Financial Statements
1. Accounting Policies
(a) Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008) and with the Statement of Recommended Practice for Accounting for Charities 2005.
(b) Incoming Resources
Income is recognised in the period in which the charity is entitled to the receipt and the amount can be measured with reasonable certainty. Donations of food are valued by weight at average retail cost per kg.
The value of voluntary help received is significant; this is not included in the accounts but is described in the trustees’ annual report.
(c) Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
| Asset Category | Annual Rate |
|---|---|
| Plant and machinery | 25% straight line |
| Fixtures and fittings | 25% straight line |
| Computer equipment | 25% straight line |
(d) Stocks
Stocks of food are valued by weight at average retail cost per kilogram, unless this is greater than net realisable value.
(e) Reserves
It is the policy of Bristol North West Foodbank to hold in reserves the equivalent of eight months general running costs and an additional one month’s salary costs which at current levels equates to £155,514. It is also our policy to hold an amount for likely capital costs in the coming year of £1,500 giving an unrestricted reserves figure for this year of £157,014.
At present, the Foodbanks reserves are above our policy. We received a surge of donations in March due to the Covid situation putting us £212,021 above our policy. The trustees are looking to invest this surplus in key assets to support the Foodbank initiatives.
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(f) Internal Financial Controls
To ensure correct and proper management of the charities resources is maintained the charity endeavors to adhere to internal financial controls as set out in the Charities Commissions guidelines where appropriate.
2. Operating Surplus / (Deficit)
The operating surplus / (deficit) is stated after charging:
| Depreciation - owned assets Director's remuneration and other benefits etc 3. Tangible Fixed Assets Plant and Machinery Etc Cost Brought Forward Additions Disposals Carried Forward Depreciation Brought Forward Charge for period Disposals Carried Forward Net Book Value |
2021 £ 10,069 - 2021 £ 24,788 28,802 - 53,590 11,337 10,069 - 21,406 32,184 |
|---|---|
The CAPWIP balance of £121,042 relates to the construction of a Workshop as part of the Foodbanks’s social justice programme. The workshop was not completed during the financial year in question.
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4. Debtors
| Debtors | ||
|---|---|---|
| Other Debtors Prepayments |
2021 £ 2,650 3,175 5,825 |
2020 £ 2,650 842 |
| 3,492 |
5. Creditors: Amounts Falling Due Within One Year
| Accruals Deferred Grants Two grants have been deferred to be released in line with depreciating re, complete with the balance as at 31stMarch 2021: Foodbank Van (Temple Ecclesiastical Charity) Space 4 Makers Workshop (Port of Bristol Community Fund) |
2021 2020 £ £ 2,444 6,050 123,864 126,264 |
|---|---|
| 126,307 132,314 the assets in question. Thes 7,200 116,664 |
Two grants have been deferred to be released in line with depreciating the assets in question. These are, complete with the balance as at 31[st] March 2021:
The Workshop has not yet been completed and is not being depreciated yet, and therefore the grant associated with has not yet been released.
See Note 7 for further details
6. Reserves
| 2021 | 2020 | |
|---|---|---|
| £ | £ | |
| Surplus Brought Forward | 75,077 | 71,659 |
| Surplus / (Deficit) for the year | 293,978 | 3,418 |
| Total Unrestricted funds | 369,035 | 75,077 |
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