2022-03-31-accounts

Charity number: 1148148 HILLINGDON FOODBANK UNAUDITED TRU5TEES' REPQRT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

HILLINGDON FOODBANK CONTENTS Page Reference and administrative detsils of the Charlty. its Trustees and ad￿se(S Trustees. ieport Independent examiners report Stat•m•nl of finaneiAI activiti•• io Balance sheet 11 Noles lo the financial slatemerts 12.22

HIWNGD(X4 FOODBANK REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2022 T￿￿ee9 Pastor Nryi Murel8 Canon Yemi Adedejl Pastor 8ab*unde Balogun Charity registered numbfjr 1148148 Principal offi¢• 4 New Windsor Street Uxbridge m￿dIeseX U88 2TU Page 1

HIWNGDON FOODBANK TRU8TEE8' REPORT FOR THE YEAR ENDED 31 MARCH 2022 The Trustees presenl their annual report together v4ilh the financial statements of the Hillinodon Foodbank for Ihe 1 April 2021 to 31 March 2022. The Hillingdon foodbank established in 2009 was the first foodbank in London. The focKlbank has over the years F)sitively impacled so many lives in London Borough of Hillingdon with prowsion of three days emergency balanGed diet food parceLs to familie5 arKI indivKluals who are going Ihrough diffiGuM limes. The Hlllingdon foodbank is also imparting lives by gi¥ing I¥)Off￿ to indivKluals. Scools, Rellglous and Corporate Oroanizalions to give back lo their comrrwnity by donating foiNJ items and NY)lunteering their time to be part of the teams that are sortino, preparing and baojing fo(x1 parc£ls in Ihè warehouse on daily basis. Objectives and activities a. Pollcles and objoctfves The pfinclpal Obje￿ of Ihe charfty Is lo provwje support lo needy indivNJua15 and families by prowding a basi nee(1 of life; Food. The charity was constTrluted by Irust deed dated 1 April 2012. In setting obiedives arKI Flannlng for acllvilles, the Truslees have gl¥pn due conskleration to oeneral ouldance publlsned Dy the Charlly Commisslon reming io pu￿1¢ Denefft, Inejuaing tn8 oU￿anCe 'puDIIC Deneffi.. rnnnino a Gharity {PB2)'. b. Activiti•8 und•rtaken to achieve obifrctiv Comlng out of the Imp8cI of C0VIC￿l9 h the year 2021, the nation was htt by another 'blow" of Rii8siAnlUkrAknian war in FebniAry 24.2022 wh￿h hag gineè lod lo inflation rgtg QSP9cially congumar Pflco indox (CPI) lumping up to 8.2% in March 2022 from 4.8% it was in Nov. 2021 according lo ons.gov.uk and conllnues lo so forclng more people to seek food asslstance. Demand lor loodbank has exwentialty incxeased in 2021r2022 fiscal year where 17,711 people acoessed the foodb8nk wllh chlklren ta￿'nO 39% (6,966) coffyred to 202012021 fisc81 year where 17,651 rople used the foodbank, chiklren look 38% {6,6581 representing an overall annual 3.4% increase in demand. Although donaliong g1s0 inLYeggod, dèmand has n9ver been At pAr with tho gupply. The support from donors and volunteers ha￿ been treme￿￿0￿$ and con￿endable. Home Deliverie5 Since 2021 post-covKI, Ihe HillinEKYon folxlbank iniliativety looked for a w8y to exlend its hand of compa55ion lo many of our clients who a￿ Ehlefly, have a medical condition. physul disabiltty, chiklcare con51raint or Cowd related concems preventing them from coming to the foodbank can schedule home delivery through our numerous referral agencles. Student work Placement one of the numerous ways HFB has been making imparA in LBH is ty giving Students in the community the opportunity lo have their first job experience as well as h8wng the experience of seeing h¢)w charity organizalions funclion as a hub for giviThJ back to humanty at large. Soff of the benefioaries of this a￿.. Orchard Hill College Uxbridgg Collog8 BrLtnel Universily Page 2

HIWNGDON FOODBANK TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2022 Objectiv•s and activrliè$ Icontinued) c. Maln actl¥ltle3 un(lertak¢n to furth¢r tl ChafityJ purpoxs for the wblic benefrt Hillingdon Foodbank Lifeline Hillingdon foodbank source of food donations remains iThJivJuals, c4)rpor8te comp8nies. schooLs. churches and supemiarkel collection ￿ntre$. These are the teams working round the dock and commbtting themselves to the course of makitvJ sure that so many families in need of help in our communty do not go lo bed hungry on daily basis. Supemarket donats'on points arourKI the b)rough arè in the follthving ores'. T￿e0 8ulls 8rKJgo Tesco Yeading Te5￿ Gerard's Cross Tesco Feltham Waitrose Norlhwood Waitrose Gerard's Cross Sainsbury's Hayes Sginsbury Ruislip Sainsbury UxbTrJge Sainsbury's Easlcote d. Food donatlons There are over 50 schools, 29 thurcthes 8ThJ 33 ￿(pornte o)mpanies hin the borough that donate food to the foTrJ bank esFecially durlng Ihe Harvest & Chrfslmas season. The percentage of collectlon are share a5 follows.. Indlvkluals donation through supemarket colleclion winls represent 58.47%. While the churches and the scools share 21.34% of the donations. Tho 4)orporatè eompaniès and walk-in indiv￿u81 eontiibutè 12.83% of our donAtion e. Food di8trilMrtion The table below shows the number of people that were fed during the same period and the aff￿￿nI of food given oui. Month Numhr of people fèd. Amount of food pl￿n out April 2021 1.766 19.228 kg May 2021 1,574 17,382 kg June 2021 1.908 21.946 ka July 2021 1,820 23,474 kg August 2021 1,462 28.942 kg September 2021 1,241 19,358 kg October 2021 1,162 17.945 kg November 2021 1,233 20,813 kg December 2021 1,448 25.578 ko January 2022 1.386 23,547 kg February 2022 1.328 22.778 kg March 2022 1384 21,383 kg Total 17.712 260.674 kg Page 3

HILUNGDON FOODBANK TRUSTEES, REPORT ICONnNUEDI FOR ThE YEAR ENDED 31 MARCH 2022 (continued a. Main achiw•m•nt8 of th• Charity March 7.672 78,727 21 021 to March 2022 Drfterence in arr￿Unt Percenta 17.651 61 +8% 280.674 181,948 + 131% e difference - No. of people fed - Amount of food dislribuled (Kg) Volunt••rs In 811 the d151rfbutlon ￿ntre5 ￿lleCtive￿, ¥￿ have 194 volunteets whKh indudes 68 volunteers that runs the operations at thè m8in warehouse. The centres a st Margaret's Churth Uxbridge 11 HFB msin centre Uybridge 68 Emmanuel Church Northwoc*J 28 Sl Gregory the 9real Church Ruislip 80 United Reforn￿d Church Eastoole 7 Sl Edmunds Church Yeading 10 The Com Cafe Wesl Dfavlon 7 LSfe Oasis Church Hayes 5 Corporats VoluntoeT8 There are 15 Gorporale companies Ihal are regularly ¥olunleerlng al Ihe food bank to Garry out thelr Goiporale responsibility seNce {CRS) these companies are GSK, Coca4ola UxbThJge. Mondelez. Nationwlae building S(￿letY. Rocket Solhvare, CISCO. Herbalife. IHG, SITA. Reed Business IntematN)nal, HSBC, Nexen Pelroleum, Heathrow Pr0Dert￿$. school Volunteers The￿ are Five schools Ihal seThJ volunteers to the food bank on 8 constant b8SIS. Uxbfldge College. st Helens School Northwood Brunel Universrty orGh8￿ Sthool UxbrK10e. Eden Academy. Page 4

HILLINGDON FOODBANK TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2022 l¢onlinuedl b. Reviaw of acllvltlos Hillingdon Food bank operations were carried out in its main warehouse and also at its 8 distribution centres across the boroughs. Whole the warehouse serves as the operalional piojed cenlre with a distribution ceTrtf8, the other centres are: St Mafoaret's Churth UxtsKJGB Emmanuel Church Northwood. st Gregory the gre8t Church Ruislip. Unrted Refomied Church Eastcole. Sl Edmund5 Churth Yeading The Com Cafe West Ora￿On. Life Oas15 Church Hayes. Annual Chrlstrnas Campalgn This ye8r, our 8nnual tradrtion of Chnstmas hampers gift to f8milies in our community (Buckets of Joy) was observed. One hundred (100) hamp8rs were made atxl del￿red within the communlty lo one hUnd￿d families as glft lop up on Ihelr lo(NJ parcels wilh Ihe help of oui volunteer5 and dlslrlbullon cenlres. Benenclarles were so exohed. Achlevements Tesco summer and winter collectlon w8s a success. The foodb8nk received a donation of £SOOO from TEMPUR UK Ltd. The organiiation t5 willing to t8ke the support further., they are willino to support wilh provision of mattres5esfpiiiow to any of our dients in need Mole50 to supwrt In Ihe warehouse wllh preparaiknn of focwj parcels A tol81 of 17.711 wuchers were issued to clients within 2021r2022 ftscal year. People with low income were mostly benefftted,. they rewesenl 40% of the Issued ¥Y)u¢her5. A total of 129 Tonnes of fo￿ donations was rec￿1Ved in 2021r2022 fiscal year Dona don8tlon. 8n online dongtion rAatfom was set up to help facilitate online gFving towards supporting the prolect Challenges We need to raise funds to cover the rent ofthe main warehouse once the grant from ASDA runs out. Getting rrK)re all the year-round volunteeryts. The fncrtlbank is faced wrth a thallenoe of interpretino dionl¢' IAnoiiA0￿ &9okino rafiJg• in Englund from other countries lo English. Hillingdon Council through "Help through Hardship. have been o)ming to our aKI to make sure cllents In need of help are not tumed away on ground ol Language Barrier. c. Fundralslng activilies and income generatlon v￿cher Partne Trie Mllllngaon Foou bank h85 a ifflai or 248 registerea ￿Uther partners of this number 88 of them are sllll active. Most of these partners are statutory agencies. This Jear the Emmanuel Chufch & St. Gregory the Great in Ruislip have done a large part of the ￿fe￿ing. Co orate D We have few cory)orate donors that regularfy give fvThJs to supwrt the operations of the Hillinodon FoDdb8nk. These organisalions include The Kingsborough Church, Nexen Petroleum, Gilead Sciences, Nationwide buikling society, cisco. coc4Col8 Heatnrow Propert￿$. PaoA 5

HILLINGDON FOODBANK TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Flnancial review a. Going concern Aftgr making appropriato enquirios. thg Tw$t￿9 ha￿ g reagonsblo eyct9tion thgt Ihg Charrty has adoqualo resources to continue in op6rational existence for the fO￿Se8a￿e fiJlure. For this reason, Ihey continue lo adopl the going concem bas￿ in preparing the finanGial 5tatem&nts. b. Re8em8 poIIcy The Charty seeks to maintain rese￿e$ which match any obligion, such as to employees, and to ensure sustsinabilrty beyon(J the nex1 quarter. The target ￿ to Lwil¢J an(1 maintain unre￿ted reserves equating to al least three months nomial expendilure. The truslees also aim to Iwild up reserves to enable the chari(y ac4uire rts place of operation. This has beèn M1entifi8d as a key success facaor by the trust88s in further8nce of th8 charitaNe obiocls of the charily. At the ba18nce sheel date, the unrestrkled reSer￿S stoc*J at £237.183 {2021- £194.$81). c. Flnanclal rlsk management objectlves and polkl•$ The Trustees have assessed the malor rtsks to whlch Ihe charfty Is exposed, in partlcular those ￿ lated lo the 0￿rat￿n$ and fin8n¢es ol Ihe charity. aThJ a￿ sali8fied Ihal systems and proCedU￿S are in place lo milNJale our e>p05ur8 lo the m8jor risks. 3tructure, goveinance and management a. Constttullon Hllllngdon Foodbank Is 8 registered chaiity, number 1148148, and is const6tuted under a Trust deed. b. Method• of appointsm•nt or •l•clion of Tru•tM• The manaoemenl of the Chaiity ks the responslbilty of the Trustees byho a￿ elefAed and rA>OPted under the terms of the Trust deed. Page O

HILLWGDON FOODBANK TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED JI MARCH 2022 Plam lor prlod¥ The food bank 19 moiiry into other servK6s for the 1833 pYlvll¢ge we ore planning an English class for noTrEwlish s￿ake[S a￿1 cower lilerate dassos. Also. we have partnered with somè other wellare offjantth)ns Ihai help ss io be help moa ofthe lood banK 0$ Ihey come. Plans are onoolng to buy a van to supporl the rest two vans ihe foodbank currontty usos In deliveriNJ 8iKI up food donations to our distritxrtion ￿nIres. The w)posed van lo be wrthased is goiffj lo bo useful in the areo of COn￿Y￿ staff aThJ volunteer teams to Iralnlng centres and Semina￿ to irnwoNY their sklll sel and as reward for thelr commilffenl and efforts. Vlsion lo purchase ￿lIdIng w)perty for the fo￿bank Wh￿ wlll be devèloped into "Community Hub", in her prolectlon to offer Advisory seNces to dients wi the coffffiunky lo help them out of Iheir currenl ￿1$ qhiiallnn Hans orn undephtay lo Irt81 ￿n¥eY0r tstrAe kn Ihe warehouse to fa¢lll818 fixKI porcel bog$ ¢onveyan¢e from the sortino area lo the parcel room. Thls help lo the tlsk of oc£&Jerrt whkh may occur due lo IrafflG In ihe warehouso. The foodbank Is planni￿ to worft V•ith gtoday.co.uk lo faolblate food donatlon duAng summer lime when donat￿n s ebbiffj out AwArAt￿)n forn￿ ha￿ syned up HIllIn￿l￿ focAlbank wh her heart of o)rrpassion is planniThJ lo athj lo her humanltarfan 5ervlces 'clolh bank" to care for lamilles in need of rJAhes espeualty for infanl and yourKd chlhjren. 8tst•m•nt ol Tffu•lw•' r••pon•ibili¢h• The Twees ore rnsponslble for [￿par1￿j Ihe TNstees' retrf)rt 8rKI the ffinanclal statements In a￿￿r￿an￿ wiiti aprdubl8 law aThJ Unit&1 laThJdom Actountmg stgndgrd$ (Unilod Klngdom Generally Accoptod Ae¢¥Juntino Praake). The law applicable lo Gharities in Enoland & Wales r￿UireS Ihe Twslees to rKep8re f￿anCIal stslements for each flnancLg1 whlth glve 8 Inje and fair TrAew ol the state of aff81ts of the Ch8rtly and of As Incomlng resourr£s arnl 8ppIic81ion of fesources, incJudit¥J its income 8nd eyndtture. for Ihal perltsj. In preparlng Ihese flnancial stat8m8nts, th8 Trustees am required lo.. select suliable a¢counling polic￿ armj then apply Ihern ￿)ns￿enttr. obserye the methods and [Kina￿e$ ofthe Charities SORP (FRS 10a: make judgments and accounting estimate5 that are reaswable and ￿￿enL stale whether applicatde UK AccountiNJ Stst¥Jants (FRS 1021 have been folkl￿1. subJe(a to any material departures disclosed and exvained in the financial statements.. rKepare the financial sLqtements on the gow o)ncem basis unlgss 1 is InaFvwlate to pr85ume that the Cnanty o)ntinue In tsjsiness. The Truslees 8re res￿nstIt for keeping &Jequate aw)unting that are sufficlent to show and explain Ihe Charfl￿3 Iran3JAknns awwj d15ck)se with reasonable ac￿raCY at any time tne fingnci81 PO$rt￿n Of the Chafrty arKI enable Ihern to ensure thal the financial staterrEnts comply V•ith the Charrties Ad 2011, Ihe Ch81ily (Accounts arK1 Rep)rts) RegulatK)n$ 2(W)8 the FYOVSk)ns of the Trust deed. They aTr atso ￿sponSible for safeouardino ihe &%sets of the Gharrty aThJ Ther￿£ for lakwbo reasonable 51eps for Ihe prevenllon and detec1￿n of fraud and olher irtryular#ies. Page 7

HILUNGDON FOODBANK

TRUSTEES' REPORT (CONTINUED) FORTHEYEARENDED31MARCH2022

Approved by order of the members of the board of Trustees on 30/01/2023 and signed on their behalf by:

Page 8

HILLINGDON FOODBANK

INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2022

Independent Examiner's Report to the Trustees of Hillingdon Foodbank ('the Charity')

I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 31 March 2022.

Responsibilities and Basis of Report

As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').

I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent Examiner's Statement

Since the Charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of (enter body here), which is one of the listed bodies.

Your attention is drawn to the fact that the Charity has prepared the accounts 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) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn.

1 understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.

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 that in any material respect:

1. accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or

2. the accounts do not accord with those records; or

3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.

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.

Signed:

Dated: 30/01/2023

D Tabiri FCCA

177 Ballens Road, Chatham, Kent. MES 8PG

Page 9

HILLINGDON FOODBANK STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022 Total ff￿d$ 2022 Tolel funds 2022 2021 Incom• from: Cbn8tions and legaaes Charft8fAe ac*'iities 176.035 536,063 176,035 536,063 298,920 101.899 Total In¢om• 712.098 712,098 458,819 Expondlturg on: Charnaoie a(￿￿110S 669h96 280.332 Total •xp•ndllur• 669,4 669,496 280,332 N•t mov•m•nl In l￿dI 42,602 42,602 178,487 R•Gonclllallon of fund#: Tolal funds fAwhl forw8 Net n￿￿rnent in furnts 194I61 42.602 194.661 42.602 18,074 178,487 Trtal funds Carrlod foThvard 237,183 237,163 194,561 The St8tem8nt of Flnandal Ad1vIt￿S knclLths am oalns 8nd koses rocoanigthy In the Jpar. Thè notes on pages 12 to 22 lomi part 01 Ihese hnanual Si8tements. Page 10

HILLINGDON FOODBANK BALANCE SHEET AS AT 31 MARCH 2022 2022 2021 Flxed assets Tangible assets 10 16,880 23.266 16,880 23,266 Ctsrrent assots stocks 11 12 5,000 25,500 143.325 Debtors Cash at bank and in hand 221.090 226,090 173,825 Creditors.. affK)unts f811ino due wilhin one year 13 15,807) {2,530) N•t eurr•nt a¢¢•ts 220,213 171,295 Total assets le•$ currnnl liabilitios 237,163 194.561 Net assets excludlng ￿￿10n asMt 237,163 194,561 Tot#1 nat a8$•18 237,1$3 194,661 Charlty funds Restrlcted fun(Js Unrestrlcted funds 14 14 237,163 194,501 Total funds 237.163 194.561 The financial slatements We￿ appro*d and auihorised for issue by the Trustees on 3010112023 signed on their behaN by.. Pastor Babat rustee) The noie5 Otl pages 12 10 22 rorm p8n OT mese finan￿al &atemenTS. P8ge 11

HILUNGD(hN FOODBANK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 General infomiation Hillinadon Foodbank ks a chaniy. reoisiered in England and Wales. The charitys registered number and regislered offi¢e address can be found on the Reference and Adminislralion infomalion paoe 1. Accountlng policies 2.1 Basis of preparation of fin•n¢ial gtat•m•nts The ftnand81 statements ha￿ been p￿pared in 8￿rdance with the Chaiities SORP (FRS 1021- Accounting and Reporting by Charities.. Ststemenl of ReC￿mmended Practic6 8pplie2ble lo charities preparing Iheir accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Iieland (FR8 102> (effedlve l Janu8ry 20191, Ihe Flnanclal Report5ng Standard applic8ble in the UK and Republic of Ireland (FRS 1021 and the Charities Act 2011. The finanGtal stalements have been Drepared to oive a afMI fairf vw arml have departed from the Chaiilie5 (Accoun15 aThJ Rewrts) Regulalions 2008 onty lo the exienl required lo provhle a Irue ond fairf view. This departure has involved following the charit￿$ SORP {FRS 1021 published in October 2019 rather than the Accounling and Reporting by Charities.. Slalement of Recommended Practke effeC1￿e frorn 1 AwS12005 whkh has slnce been wftfKlrawn. Hillingdon Foodbank meets the definlb'on of a public benefft entily under FRS 102. Assets and liabilrties are initialty recAKJni5ed 81 hL8torical cost or Irdnsadk)n value unless othÈrwls& slAted In th relevant accounting poliGy. 22 In¢omo All income is recoonised once the Charlty h8s entitlement to the income, rt is probable that the income will be received 8nd the affth)unt of in￿rne receivable can be MeaSu￿d reliably. Grants ar8 Induded In the Stalemenl of fin8na81 actimties on 8 receivable basis. The b81ance of income received for specific puwes nof expefftled during the period is shown In tho relevant funds on the Balance sheet. Where Income is ￿ceiVed in &Jvance of entrtlement of receipt. its recc¥nltkJn Is deferred antt IncI￿led In crediiof5 as deferred Income. Where errtrtlement occJJryJ belore Income L8 received, the incDme Is a(med. Glfls In kind donAtèd for dslriimrtion arè intlud8d 21 walu2tion r9cognig&Y 0¢ ineomg whgn they are dlslributed to the projects. 2.3 Expendllure Expenditure is recLwnised once there & a legal or ¢onstruclFve oblig2lion lo Iransfer economic benefft to a third party, it probat)te that a transfer of economic benefits will be required in settlement and the amount of Ihe oblioalion can religbly Eynditure ig e195sifigd by actimty. Tho costs of each adimty are made up of the totsl of dKed costs shared costs, indudirKJ support cosls involved in undertaking each a(Xiwty. Dire(a ￿StS attributab￿ to a single activity are allocated directly to that 8Ctbvity. Shared costs which contrtbute to MO￿ than one actiwly and support costs which are not attllbuiable 10 8 SI￿le a01￿ty are apportioned between those activities on 8 basis consistent with the use of resour￿$. Central staff o)sts a￿ allocated on the basis of time spent, depreuatlon charges allo¢ed on the portion of the asset's use. Expenditu￿ on charitable 2cliwties is incurred on diredly undertaking the adiwties which further the Charit￿$ oty'ectives, as well as any a$s￿l81ed support costs. Page 12

HILLINGDON FO¢XIBANK NOTES TO ThE FINANCIAL STATEMENTS FOR TrIE YEAR ENDED 31 MARCH 2022 A¢¢ounting policies (continu•d) 2.3 Expendlture Iconts"nuedl Grants payable a￿ charged in Ihè ￿ar when the offer made excepl in those cases where the offer 12 mndrtionAI. siirh orAnts rprwniwl as expenditijre when the cnndltions allarhino are Ifilled. Grants offered subject to conditions whlch have not been met at the year end are noted as 8 mmitment, but not accnjed as eypendiiure. i expendtture L8 Inclus1￿ ol I￿e￿)verable VAT. 2.4 Tangible fixed assats and d•prnclatlon Tanolble flxed assets costing £NIL or more 8re captt81ised and recogllised when fiJtur8 economlc benefits are probable 8fKI the cost or value of the asset can be measured reliably. Tanglble nxed assets are Inlttalty recoontsed ￿ cost. After recognftlon, unuerlne cost model, 18nglble fLxed assets are masured at cosl less accumulated depreciat￿)n and any accumulated impairment losses. All costs Incurred lo brlng a tanglble fixed assel Into Is Inlended WOTklng condmlon shoukl be Inr.liirlgd in IhA m(4A4iirompnt of r.n Depreciatlon is charged so as to 811oc8le thè cy)st of tsnglble ILxed assets less thelr resldual value over their estimated useful lives, DeFxea8tion Is probJed on the followlrKJ bases: Long-t•mi l•us•hold prop•rty Plant 8nd machinery Motor vehides Computer equipment 33.3% glAight lin• - 25% reducing balafteè 25% Stra￿h1 line - 25% reducing balanc 2.5 stocks Stock¢ Arn Vglu•d At th• Imr of c¥)&t and rnAlIBab￿ wlu9 aftgr m8king dug 411¢)wanco for ob$olele and $low-rnwrKJ stocks. Cost inclLKles 811 direcl and an appropriate proportlon of r￿ed and varlable overheads. 2.6 Debtors Trade arKJ other deblors a￿ rectyjnised al the settlement amourrt after any trade discount offered. Propaymont¢ ar• VAluod ut tho amount prgpaid not of Any trado dk8count8 duo. 2.7 Cash at bank and in hand Cash at bank afftl in hand includes cash and short-teTh hJhty li]UKI investments with a short malunly ofthree months or bess from the date of wuisition or openlng ofthe deposit or similar a￿￿￿nt. Page 13

HILLINGDON FOODBANK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 Accoun¢lng policies 1¢ontIn￿dI 2.8 Linbilitie? and pmYi8ion¥ Liabilities 8Tr ￿cOgnised when Ihere ks an Obl￿atiOn al the Balane£ sheel dale as a resuli of a past event, ti ks probable that a Iransfer of economic benerrt will be required in settlement, and the amounl of the settlement can be estimated ￿1440￿. Li8bilrtles are recthJnlsed 81 the amount Ihat the Charity antic4pales it will pay to settlè th6 debt or the amount it has T¢¢¢ived a) advanced payment3 forlhe goods or 3erviceJ it mujt provNIe. Provtsions are rneasured at Ihe besl estimate of Ihe arrnunls requirga to settle the obl￿allOn. Where the effecl of the lime valLte of n￿neY is malerial, the kyomsion is based on the present value of those amounts, ¢Jlscounted al the ￿e-laX dls(fjunt rale that reflects the rlsks specific lo the Ilablllty. The unwiThJing of the discount is recognised in the Stalemenl of fin8nci818Ctivrties as 8 finance cost. 2.9 Financial in3trnment• The Ch8rtty only has fin8nclal assets aNI finandal 118bllitles of 8 klnd that quallfy as baslc tln8nclal Inslruments. Basic flnancial instruments are inrtl8lly recognised al transaction value and 5ub5equenlly measured 81 their settlement Vglue wrttt the exeerrtion of b8nk loans which are subsèquently measured at aff￿rt￿8ed ￿s1 using ihe effecti¥t interest nrlhfyj. 2.10 Oporating loax? Rentsls pald under operntlng leases are th8rggJ lo the Statement of flnancbal actlvtties on a str81ght Ilne basls overthe lease ieThn. 2.11 P•nslon$ The Charfiy operates a defined contr7t￿ll0n pensw)n scheme arKI the pen51on tharge represents the amounts payalAe ty the Charity lo the fund in respect of the year. 2.12 Fund aGcounlAng Gener81 funds are unrestrxxed funds thlch are availat40 for us8 at the di5￿tIOn of the Trustees i further8nce of the general objectives of the Chaiity and ffiioh have not been desKdnated for other purFL)503. Page 14

HILLINGtX)N FOOD8ANK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 Income from donations and kgacles Unrestrlcted funds 2022 Total funds 2022 Donations 59.264 116.771 59.264 116,771 Grants 176,035 176,035 Unres*rielgd funds 2021 Totgl runds 2021 Donations Grants 146,340 150,580 146,340 750,580 296,920 296,920 Ineomé from ¢haritable activities Unrestricted funds 2022 Total funds 2022 Eatimalod ca3h ￿lue offood c￿llect￿n2 s￿,003 aJo,ooJ Unreslncted funds 2021 Totsl fvnds 2021 Estimated cash VBlue of food ￿lleCt￿nS 161,899 161,899 Page 15

HIWNGDON FOODBANK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 Analysls ol grants- Food Giants to Individuals Total funds 2022 2022 Food dlstribulions 530,083 536,063 Grants to Indiwduals 2021 Total fvnds 2021 Food dlstrbbulions 163,399 163,399 Analysls of expendllure by actlvlllgs Grants- Food undertaken distribution dlrectly artivlties 2022 Support costs Total funds 2022 2022 2022 Rent, rates and SUPFffjrt Costs Food purchasesldisiribution Other professional fees Insur8nce Motor expenses L￿h1 arKI heat 95,811 20,360 2,330 3.279 5.171 1.605 4,877 100,688 68,423 2,330 3.279 5,171 1.606 538,083 128.556 536.063 4.877 669,498 Page 16

HILUNGDON FOODBANK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 Anatysis of expenditure by adi¥i¢*s l¢ontlnued) A(#witss Food undertaken dithbutson Supp diivGIIy adivitie5 GQSt5 2021 Total fuiids 2021 2021 2021 Rent, rales and SUFWrt ￿sts Food purchasesldistribution In?urance Motor expenses LKJhl and heat 81.145 25.546 2.234 3.350 2,515 2,743 83,288 188,945 2,294 3,350 2.515 163,399 114,790 163,399 2,143 280,332 Anaty$l$ of dlro¢t ¢08ts Total funds 2022 Total funds 2021 StAff eosts (indyding pensions) Rent and water rydles Food Purchase8 48,216 40,146 20,360 2,330 6.171 6.901 23,970 45,170 25,546 other professional fees Molor oxpenses DepreGiation Repaits and mainienance Clher donations In6uranoè Lloht & heat 3,350 7.928 2,708 1,429 2,234 2,515 3,158 3,275 1,605 128,666 114, 790 Analysis of support costs Pago 17

HILUNGDON FOODBANK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 Anatysi$ of expendlture by activities (contlnued) Analysls of support cosis IcoNinued Total nds 2022 Total funds 2021 Accountancy fees Molof expenses Travelllno Telephone & f8X Sundry expenses 1.190 2,615 1,250 142 95 46 610 812 4,877 2,143 Ind•pendenl •xamlngrf¥ romunorntlon 2022 2021 Fees payaue lo the Chaiitls independent examiner for the independent examination of the Charitys annual a?￿Unts Fees payable lo the ChAnt￿S independent exaffiner in ￿SpeCt ot. All olh8r go￿lCo5 nol inrliKl*l AtM)VO 050 Staff ¢ost$ 2022 Wages and salaries Contribulion lo defined contribution PenS￿n schemes 44,764 4S2 23,881 46,216 23,970 The average numbor of porsons omFIoy8d bythg Charity duriryJ the Sear wgs gs follows.. 2022 No. 2021 Staff Pa9e 18

HILUNGDQN FOODBANK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 Staff ¢osts Icontlnued} No empkjyee receiwd remuneratSon amounting to nb)re than £60.c￿0 in either year. Trusl••s' remuneration and ex￿n9•S Durfng the year, no Trustees recei%¢d any reMunera￿n or other benefrts (2021- ￿lL). During the year 6nded 31 Marc* 2022, no Trustee e>penses haw been incurred (2021- £NIL). 10. Tangible fixed a$sots Long.tem) lease1m￿d Plant and property machinory Motor vehicks Compther equipment Total Cost or valuatlon Al l April 2021 Additions 28,881 10,000 15,280 616 61,221 516 Al 31 March 2022 26.888 10.000 15.765 61,736 Depreeiation At 1 Apnl 2021 Chaoe forthe year 14376 3.833 82 10,000 3A97 3,067 27,966 6,901 Al 31 M8reh 2022 18.209 10,000 8￿64 34,866 Nel book valug At 31 M8rch 2022 7.679 9.201 16.880 At 31 March 2021 11,512 11,753 23,266 11. stocks 2022 2021 Fo￿1 and grocery sirKts 5,000 5,000 Page 19

HILLINGDON FOODDANK NOTES TO THE FINANCIAL STATEMENVJ FOR THE YEAR ENDED 31 MARCH 2022 12. Debto 2022 2021 Du8 wilhln one year Other debtors 25,500 25,500 13. Cr•ditors: Amounts falllng due wtthln yeai 2022 2021 (Xher ts￿￿110n and soclal s8￿TIlY Pension fvrKI loan payable Oiher c￿￿￿Or5 AccruaLs and deferred Income 627 146 207 1,527 650 4.138 650 5,807 2,530 Page 20

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 1& Stat•m•nt ol fund• 8tal•m•nt (rf funds. cmnt ￿1r Balance al 31 March 2022 BI￿ne• at 1 April 2024 Ineom• Exp•nditur• Unrnstrlct•d fun Genernl Funds 1 194.581 712,0 (e89,498 237,163 8latsm•nt af funds- wlor y•ar BalanGe at 91 March 2021 UnM•trict¢d lund• Gonernl Funds 1 16.073 458.820 (280,332) 794,501 16. AMIY￿S d n•t a•••ts b•twn funds Amtysls of n•1 ••Mts l)•l¥on funds - current y•ar Unr•8trlct•d funds 2022 Total funds 2022 Tangible fixed assets Current assels Greanors aue wnnin one year 18.880 16,880 226,090 (6,807) <5,807) T¢)tal 237,183 237,163 Page 21

HILLINGDON FOODBANK

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

15. Analysis of net assets between funds (continued)

Analysis of net assets between funds - prior year

Analysis of net assets between funds - prior year
	Unrestricted	Total
	funds	funds
	2021	2021
	£	£
Tangible fixed assets	23,266	23,266
Current assets	173,826	173,826
Creditors due within one year	(2,530)	(2,530)
Rounding diference	(1)	(1)
Total	194,561	194,561

16. Pension commitments

The charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund. The pension cost charge represents contributions payable by the charity to the fund and amounted to £452 (2021 - £89). £394 (2021 - £207) were payable to the fund at the balance sheet date and are included in creditors.

17. Operating lease commitments

At 31 March 2022 the Charity had commitments to make future minimum lease payments under non­ cancellable operating leases as follows:

cancellable operating leases as follows:
	2022	2021
	£	£
Not later than 1 year	40,000
Later than 1 year and not later than 5 years		60,000
	40,000	60,000

Page 22