Docusign Envelope ID: D83AA1EF-3C8D-4269-9634-9B75E9A2BEA0
Registered number: 08147165 Charity number: 1148358
HAMMERSMITH AND FULHAM FOODBANK
(A company limited by guarantee)
TRUSTEES' REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Docusign Envelope ID: D83AA1EF-3C8D-4269-9634-9B75E9A2BEA0
HAMMERSMITH AND FULHAM FOODBANK
(A company limited by guarantee)
CONTENTS
| Page | |
|---|---|
| Reference and administrative details of the charitable company, its Trustees and | 1 |
| advisers | |
| Trustees' report | 2 - 6 |
| Independent auditors' report on the financial statements | 7 - 10 |
| Statement of financial activities | 11 |
| Balance sheet | 12 - 13 |
| Statement of cash flows | 14 |
| Notes to the financial statements | 15 - 31 |
Docusign Envelope ID: D83AA1EF-3C8D-4269-9634-9B75E9A2BEA0
HAMMERSMITH AND FULHAM FOODBANK (A company limited by guarantee)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITABLE COMPANY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2025
| Trustees | John Griffiths |
|---|---|
| Vivienne Lukey | |
| Anthony Macdonald | |
| Frances Le Grys | |
| Aiden Kremin-Pacey | |
| Marianne Hanjaras | |
| James Bechely-Crundall | |
| Jacqueline Lee (appointed 4 June 2025) | |
| Sarah Shepherd (appointed 4 June 2025) | |
| Antony Wallace (appointed 4 June 2025) | |
| Company registered number 08147165 Charity registered number 1148358 Registered office St Matthews Church Wandsworth Bridge Road London SW6 2TX Company secretary Philip Storey Independent auditors MA Partners Audit LLP Chartered Accountants & Statutory Auditors 7 The Close Norwich Norfolk NR1 4DJ |
Page 1
Docusign Envelope ID: D83AA1EF-3C8D-4269-9634-9B75E9A2BEA0
HAMMERSMITH AND FULHAM FOODBANK (A company limited by guarantee)
TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2025
The Trustees present their annual report together with the audited financial statements of the Hammersmith and Fulham Foodbank for the year 1 April 2024 to 31 March 2025. The Annual report serves the purposes of both a Trustees' report and a directors' report under company law. The Trustees confirm that the Annual report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019).
Since the charitable company qualifies as small under section 382 of the Companies Act 2006, the Strategic report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013 has been omitted.
Objectives and activities
a. Mission, Vision and Values
The Vision is to eradicate food poverty and its causes in and around Hammersmith and Fulham.
The Mission, as is set out in the objectives contained in the company's memorandum of association, is the prevention or relief of poverty in and around the London Borough of Hammersmith and Fulham in particular, but not exclusively by:
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Providing emergency food supplies to individuals in need and / or charities, or other organisations, working to prevent or relieve poverty.
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Providing practical advice and support, either directly or by referral to approved partner agencies, to individuals in need thereby enabling them to find lasting relief from financial hardship.
Hammersmith & Fulham Foodbank (HFFB) works on a referral model with a broad range of professionals across a variety of agencies such as GP surgeries, social care sector, schools, advice agencies etc., issuing electronic vouchers redeemed at our foodbank sessions. These vouchers are exchanged at a HFFB session within reasonable travelling distance from their home for a three day emergency food parcel containing a ten meal supply of food as well as essential toiletries.
Food is obtained by permanent collection points at supermarkets, libraries and churches and by donations from churches, schools, businesses and individuals in the Borough. Should demand exceed supply, wholesale purchasing of food is carried out in line with our budget.
The values of HFFB are that we deliver services with compassion and integrity, led by client need whilst being inclusive and community focussed. HFFB is a proud member of Trussell Trust, a national Charity which supports a network of 1,400 foodbank locations and 40,000 volunteers. Trussell provide guidance, advocacy and publicity and perform an annual audit of HFFB to ensure we retain a high quality of charitable delivery.
HFFB wish to express our profound thanks to all those whose generosity and commitment have enabled us to support so many people in the local community who are facing hunger and coping with crisis. A number of supermarkets in the Borough allow us to hold regular collections and donate generously on top of what is given. A wide range of businesses, schools, churches and charities hold food collection events and donate funds that enable us to continue our work. A huge number of individuals donate to us regularly or one-off and we could not exist without their support.
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Docusign Envelope ID: D83AA1EF-3C8D-4269-9634-9B75E9A2BEA0
HAMMERSMITH AND FULHAM FOODBANK
(A company limited by guarantee)
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
Governance & Management
a. Structure, governance & management
The Charity acts under the governance of the Articles of Association. The company is one Limited by Guarantee. The Trustees have been made aware of the requirements of the Charity Commission.
b. Significance of volunteers in our operation
Volunteers are a key part of our organisation. Much of our sessions and services are delivered by a team of over 125 volunteers, recruited, inducted and supported by our Volunteer Coordinator. Our 8 Foodbank sessions per week at 4 locations each have an experienced volunteer team, led by their respective supervisor volunteers. In addition, we have our warehouse volunteer team, who sort and pack food for sessions.
We offer wraparound support at our Hub location on White City estate with a team of volunteers. Volunteer drivers, administrators and a team making home deliveries to housebound clients help to support our operational delivery. We ensure our volunteers are trained in the basic essentials and then offer development training appropriate to their role.
The Trustees recognise their responsibilities to ensure safety and mitigation of risks which is carried out according to Trussell Trust Guidelines in conjunction with the Chief Executive.
This financial year, our Trustee Board has consisted of 10 Trustees who have delivered sub-committees in Finance, Marketing and Communications, HR and Volunteering, Governance and Risk as well as the main Board meeting.
During this year our staff team consisted of full-time employees; CEO, Deputy CEO, Service Manager, Warehouse Coordinator, Operations Supervisor, Volunteer Coordinator and Administrator and Research Lead. Part time staff: Finance Manager, Finance Assistant, Client Support Coordinator, Hub Supervisor and Fundraising & Philanthropy Lead. This equates to 10.8 Full Time Equivalent staff.
Funding to maintain current staffing levels is a high priority for the coming year.
c. How our activities deliver public benefit
Our main activities focus on the provision of emergency food and essential toiletries to people who live in and around the London Borough of Hammersmith & Fulham who are deemed to be in crisis and are undertaken to further our charitable purposes for the public benefit. We focus on resolving the underlying cause of our clients’ need for emergency food, working in partnership to resolve these issues and prevent dependence on emergency food.
d. Who benefits from the services?
Our objective is to limit the services we provide to residents of the Borough of Hammersmith & Fulham and its environs. Equal access to our services is an important issue to us and we monitor access to our services by age, gender, disability and ethnic background.
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Docusign Envelope ID: D83AA1EF-3C8D-4269-9634-9B75E9A2BEA0
HAMMERSMITH AND FULHAM FOODBANK
(A company limited by guarantee)
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
Principal activities and performance
a. Performance review
During the year to 31 March 2025, the charity's income has fallen to £1,001,741 from last year’s figure of £1,032,440 (year ended 31 March 2024). This value includes donated food stock as well as financial donations.
We primarily rely on voluntary financial donations and grants for our financial income as well as our local community, businesses and schools, particularly for food donations.
Operational expenses have increased from £995,981 in the year ended 31 March 2024 to £1,009,457 in the current year.
During the year to 31 March 2025, 13,950 referrals (12,836 referrals in year ended 31 March 2024) were made for an emergency food parcel. To meet the need we have managed to secure donations and purchased food totalling 166 tonnes (152 tonnes in the year ended 31 March 2024).
b. Arrangements for setting pay and remuneration of key management personnel
The pay and remuneration of our staff team is reviewed at least annually by the Board of Trustees. Remuneration is reviewed based on performance of role and inflation rates. Intermittently, an independent review is undertaken, led by Trustees, to compare remuneration rates with similar sized charities with similar roles in London.
c. Reserves Policy
The Trustees' policy is to maintain a level of reserves which will provide a stable base for its continuing activities. Unrestricted reserves have increased from £499,082 at 31 March 2024 to £584,089 at 31 March 2025. The Trustees believe this level of reserves is adequate for the continuing operation of the charity, based on six months of operational expenses.
d. Fund - raising standards information
HFFB is committed to protecting donors and the public, including vulnerable people, from poor fundraising practice. HFFB have secured a grant for a Fundraising and Philanthropy Lead who started during this period. In addition to income provided through grants, donations are made by local companies, members of the public and through collections via schools and churches. Should a donation be given for a particular cause, this is ringfenced as such. Full information of where the funds will be used is provided when requested. To protect vulnerable people, we do not use third party fundraising agents, or engage in cold calling practices. All donations are entirely voluntary. We are also a member of the Fundraising Regulator Body.
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Docusign Envelope ID: D83AA1EF-3C8D-4269-9634-9B75E9A2BEA0
HAMMERSMITH AND FULHAM FOODBANK
(A company limited by guarantee)
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
e. Plans for future periods
HFFB co-chairs the borough's Food Strategy group and through this collaboration, the local authority is publishing a borough Food Plan for 5 years. Work in this area will bring together emergency food providers, identify and plan for the main drivers of food poverty in the borough and look at good practice nationally to drive future priorities.
HFFB continues to look at delivering projects and influencing policy that address the main causes of food crisis in the borough and HFFB is on the steering group of the borough Cost of Living Alliance which works in partnership with voluntary, health and statutory sectors to address the causes of, and responses to poverty in the borough. Priorities being collaboration and early intervention.
f. Going concern
The Board of Trustees in addition to the CEO and Finance Manager look closely at the funding levels. This is reviewed every quarter at the Trustee meeting. The Board of Trustees is satisfied that the current level of funding is adequate to meet its financial obligations over the next 12 months.
g. Risk Management
The Board of Trustees has conducted a review of the major risks to which the charity is exposed. A risk register is updated quarterly and reported to board meetings. Where appropriate, systems or procedures have been established to mitigate the risks the charity faces.
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Docusign Envelope ID: D83AA1EF-3C8D-4269-9634-9B75E9A2BEA0
HAMMERSMITH AND FULHAM FOODBANK (A company limited by guarantee)
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
Structure, governance and management
Statement of Trustees' responsibilities
The Trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
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:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles of the Charities SORP (FRS 102);
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make judgments and accounting estimates that are reasonable and prudent;
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state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;
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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.
Disclosure of information to auditors
Each of the persons who are Trustees at the time when this Trustees' report is approved has confirmed that:
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so far as that Trustee is aware, there is no relevant audit information of which the charity's auditors are unaware, and
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that Trustee has taken all the steps that ought to have been taken as a Trustee in order to be aware of any relevant audit information and to establish that the charity's auditors are aware of that information.
Approved by order of the members of the Board of Trustees and signed on their behalf by:
Frances Le Grys (Chair of Trustees)
Date: 28 August 2025
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Docusign Envelope ID: D83AA1EF-3C8D-4269-9634-9B75E9A2BEA0
HAMMERSMITH AND FULHAM FOODBANK (A company limited by guarantee)
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF HAMMERSMITH AND FULHAM FOODBANK
Opinion
We have audited the financial statements of Hammersmith and Fulham Foodbank (the 'charitable company') for the year ended 31 March 2025 which comprise the Statement of financial activities, the Balance sheet, the Statement of cash flows and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements:
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give a true and fair view of the state of the charitable company's affairs as at 31 March 2025 and of its incoming resources and application of resources, including its income and expenditure for the year then ended;
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have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
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have been prepared in accordance with the requirements of the Charities Act 2011.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the Trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the Trustees with respect to going concern are described in the relevant sections of this report.
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Docusign Envelope ID: D83AA1EF-3C8D-4269-9634-9B75E9A2BEA0
HAMMERSMITH AND FULHAM FOODBANK (A company limited by guarantee)
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF HAMMERSMITH AND FULHAM FOODBANK (CONTINUED)
Other information
The other information comprises the information included in the Annual report other than the financial statements and our Auditors' report thereon. The Trustees are responsible for the other information contained within the Annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
Matters on which we are required to report by exception
We have nothing to report in respect of the following matters where the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion:
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the information given in the Trustees' report is inconsistent in any material respect with the financial statements; or
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sufficient accounting records have not been kept; or
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the financial statements are not in agreement with the accounting records and returns; or
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we have not received all the information and explanations we require for our audit.
Responsibilities of Trustees
As explained more fully in the Trustees' responsibilities statement, the Trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the Trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the Trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.
Page 8
Docusign Envelope ID: D83AA1EF-3C8D-4269-9634-9B75E9A2BEA0
HAMMERSMITH AND FULHAM FOODBANK (A company limited by guarantee)
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF HAMMERSMITH AND FULHAM FOODBANK (CONTINUED)
Auditors' responsibilities for the audit of the financial statements
We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditors' report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
The objectives of our audit in respect of fraud, are; to identify and assess the risks of material misstatement of the financial statements due to fraud; to obtain sufficient appropriate audit evidence regarding the assessed risks of material misstatement due to fraud, through designing and implementing appropriate responses to those assessed risks; and to respond appropriately to instances of fraud or suspected fraud identified during the audit. However, the primary responsibility for the prevention and detection of fraud rests with both management and those charged with governance of the charitable company.
Our approach was as follows:
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We obtained an understanding of the legal and regulatory requirements applicable to the charitable company and considered that the most significant are the Companies Act 2006, the Charities Act 2011, the Charity SORP, and UK financial reporting standards as issued by the Financial Reporting Council.
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We obtained an understanding of how the charitable company complies with these requirements by discussions with management and those charged with governance.
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We assessed the risk of material misstatement of the financial statements, including the risk of material misstatement due to fraud and how it might occur, by holding discussions with management and those charged with governance.
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We inquired of management and those charged with governance as to any known instances of noncompliance or suspected non-compliance with laws and regulations.
Based on this understanding, we designed specific appropriate audit procedures to identify instances of non-compliance with laws and regulations. This included making enquiries of management and those charged with governance and obtaining additional corroborative evidence as required.
Page 9
Docusign Envelope ID: D83AA1EF-3C8D-4269-9634-9B75E9A2BEA0
HAMMERSMITH AND FULHAM FOODBANK (A company limited by guarantee)
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF HAMMERSMITH AND FULHAM FOODBANK (CONTINUED)
Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditors' report.
Use of our report
This report is made solely to the charitable company's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charitable company's Trustees those matters we are required to state to them in an Auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and its Members, as a body, for our audit work, for this report, or for the opinions we have formed.
MA Partners Audit LLP
Chartered Accountants & Statutory Auditors 7 The Close Norwich Norfolk NR1 4DJ
Date:
MA Partners Audit LLP are eligible to act as auditors in terms of section 1212 of the Companies Act 2006.
Page 10
Docusign Envelope ID: D83AA1EF-3C8D-4269-9634-9B75E9A2BEA0
HAMMERSMITH AND FULHAM FOODBANK
(A company limited by guarantee)
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2025
| Note Income from: Donations and grants 3 Total income Expenditure on: Raising funds 4 Charitable activities 5 Total expenditure Net movement in funds Reconciliation of funds: Total funds brought forward Net movement in funds Total funds carried forward |
Restricted funds 2025 £ 361,826 361,826 - 454,549 454,549 (92,723) 393,617 (92,723) 300,894 |
Unrestricted funds 2025 £ 639,915 639,915 3,708 551,200 554,908 85,007 499,082 85,007 584,089 |
Total funds 2025 £ 1,001,741 1,001,741 3,708 1,005,749 1,009,457 (7,716) 892,699 (7,716) 884,983 |
Total funds 2024 £ 1,032,440 |
|---|---|---|---|---|
| 1,032,440 | ||||
| 322 995,659 |
||||
| 995,981 | ||||
| 36,459 | ||||
| 856,240 36,459 |
||||
| 892,699 |
The Statement of financial activities includes all gains and losses recognised in the year.
The notes on pages 15 to 31 form part of these financial statements.
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Docusign Envelope ID: D83AA1EF-3C8D-4269-9634-9B75E9A2BEA0
HAMMERSMITH AND FULHAM FOODBANK (A company limited by guarantee) REGISTERED NUMBER: 08147165
BALANCE SHEET AS AT 31 MARCH 2025
| Note Fixed assets Tangible assets 10 Current assets Food Stock 11 Debtors 12 Cash at bank and in hand Current liabilities Creditors: amounts falling due within one year 13 Net current assets Total net assets Charity funds Restricted funds 14 Unrestricted funds 14 Total funds |
53,503 15,434 802,921 871,858 (16,418) |
2025 £ 29,543 29,543 855,440 884,983 300,894 584,089 884,983 |
24,755 38,672 800,233 863,660 (17,524) |
2024 £ 46,563 |
|---|---|---|---|---|
| 46,563 846,136 |
||||
| 892,699 | ||||
| 393,617 499,082 |
||||
| 892,699 |
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Docusign Envelope ID: D83AA1EF-3C8D-4269-9634-9B75E9A2BEA0
HAMMERSMITH AND FULHAM FOODBANK
(A company limited by guarantee) REGISTERED NUMBER: 08147165
BALANCE SHEET (CONTINUED) AS AT 31 MARCH 2025
The entity was entitled to exemption from audit under section 477 of the Companies Act 2006.
The members have not required the entity to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.
However, an audit is required in accordance with section 144 of the Charities Act 2011.
The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.
The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.
The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:
Frances Le Grys (Chair of Trustees)
Date: 28 August 2025
The notes on pages 15 to 31 form part of these financial statements.
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Docusign Envelope ID: D83AA1EF-3C8D-4269-9634-9B75E9A2BEA0
HAMMERSMITH AND FULHAM FOODBANK
(A company limited by guarantee)
STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025
| Cash flows from operating activities Net cash used in operating activities Cash flows from investing activities Purchase of tangible fixed assets Net cash used in investing activities Change in cash and cash equivalents in the year Cash and cash equivalents at the beginning of the year Cash and cash equivalents at the end of the year The notes on pages 15 to 31 form part of these financial statements |
2025 £ 6,103 (3,415) (3,415) 2,688 800,233 802,921 |
2024 £ 27,184 (4,507) (4,507) 22,677 777,556 800,233 |
|---|---|---|
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Docusign Envelope ID: D83AA1EF-3C8D-4269-9634-9B75E9A2BEA0
HAMMERSMITH AND FULHAM FOODBANK (A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. General information
Hammersmith and Fulham Foodbank ("the charitable company") is a private company limited by guarantee and incorporated in England and Wales, registration number 08147165.
2. Accounting policies
2.1 Basis of preparation of financial statements
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - 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 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Hammersmith and Fulham 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.
2.2 Going concern
The Trustees are confident that the charitable company can continue its successful track record of securing the funds needed to support its valuable work. This will be achieved by the senior management and fundraising lead applying for grants and donations. The charitable company's annual budgets and fundraising log demonstrate how the income will be raised to meet all the charitable expenditure and support costs as they fall due. The Trustees therefore consider it appropriate to prepare the financial statements on the going concern basis.
2.3 Income
All income is recognised once the charitable company has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
Grants are included in the Statement of financial activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.
Gifts in kind donated for distribution are included at valuation and recognised as income when they are distributed.
2.4 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably.
Expenditure on raising funds includes all expenditure incurred by the charitable company to raise funds for its charitable purposes and includes costs of all fundraising activities events and noncharitable trading.
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Docusign Envelope ID: D83AA1EF-3C8D-4269-9634-9B75E9A2BEA0
HAMMERSMITH AND FULHAM FOODBANK
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
2. Accounting policies (continued)
2.4 Expenditure (continued)
Expenditure on charitable activities is incurred on directly undertaking the activities which further the charitable company's objectives, as well as any associated support costs.
All expenditure is inclusive of irrecoverable VAT.
2.5 Tangible fixed assets and depreciation
Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.
Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, using the straight-line method.
Depreciation is provided on the following basis:
| Leasehold Improvements | - | 25% |
|---|---|---|
| Motor vehicles | - | 25% |
| Fixtures and fittings | - | 33% |
2.6 Stocks
Stock of food is held at net realisable value, which is deemed to be £2.77 per kilogram at the balance sheet date (2024: £2.37).
2.7 Debtors
Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
2.8 Cash at bank and in hand
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
2.9 Liabilities and provisions
Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the charitable company anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.
Page 16
Docusign Envelope ID: D83AA1EF-3C8D-4269-9634-9B75E9A2BEA0
HAMMERSMITH AND FULHAM FOODBANK
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
2. Accounting policies (continued)
2.10 Financial instruments
The charitable company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
2.11 Pensions
The charitable company operates a defined contribution pension scheme and the pension charge represents the amounts payable by the charitable company to the fund in respect of the year.
2.12 Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charitable company and which have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charitable company for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
Page 17
Docusign Envelope ID: D83AA1EF-3C8D-4269-9634-9B75E9A2BEA0
HAMMERSMITH AND FULHAM FOODBANK (A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
3. Income from donations and grants
| Donations Grants Total 2025 Total 2024 |
Restricted funds 2025 Unrestricted funds 2025 £ £ 18,270 622,878 343,556 17,037 361,826 639,915 427,345 605,095 |
Total funds 2025 £ 641,148 360,593 1,001,741 1,032,440 |
Total funds 2024 £ 617,658 414,782 |
|---|---|---|---|
| 1,032,440 | |||
4. Expenditure on raising funds
Fundraising trading expenses
| Unrestricted funds 2025 £ Fundraising 3,708 Total 2024 322 |
Total funds 2025 £ 3,708 322 |
Total funds 2024 £ 322 |
|---|---|---|
Page 18
Docusign Envelope ID: D83AA1EF-3C8D-4269-9634-9B75E9A2BEA0
HAMMERSMITH AND FULHAM FOODBANK
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
5. Analysis of expenditure on charitable activities
Summary by fund type
| Charitable activities Total 2024 6. Analysis of expenditure by activities Charitable activities Total 2024 Analysis of direct costs Opening Food Stock Food Purchases Donated Food Stock Distributed Closing Food Stock Total 2025 |
Restricted funds 2025 Unrestricted funds 2025 £ £ 454,549 551,200 323,967 671,692 Activities undertaken directly 2025 Support costs 2025 £ £ 322,279 683,470 352,097 643,562 |
Total 2025 £ 1,005,749 995,659 Total funds 2025 £ 1,005,749 995,659 Total funds 2025 £ 24,755 131,915 219,112 (53,503) 322,279 |
Total 2024 £ 995,659 Total funds 2024 £ 995,659 Total funds 2024 £ 39,399 140,870 196,583 (24,755) 352,097 |
|---|---|---|---|
Page 19
Docusign Envelope ID: D83AA1EF-3C8D-4269-9634-9B75E9A2BEA0
HAMMERSMITH AND FULHAM FOODBANK (A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
6. Analysis of expenditure by activities (continued)
Analysis of support costs
| Staff costs Advice Services Fresh Food Foodbank centre costs Hub (rent & other utilities) Depreciation Miscellaneous expenses Crisis Fund Distribution Costs Office Expenditure Volunteer expenses Contractors & casual labour Governance costs Storage Costs Staff Training Travel Costs Bank Charges Recruitment/HR Costs More than Food Total 2025 Food expenditure of £131,915 is recognised in the analysis of direct costs on 7. Auditors' remuneration |
Total funds 2025 £ 409,627 57,029 38,013 27,650 27,439 20,434 1,224 15,222 14,838 14,014 12,126 9,352 8,421 5,524 2,434 822 207 19,094 - 683,470 Page 19. |
Total funds 2024 £ 342,172 54,362 2,287 26,123 23,262 30,427 7,104 13,233 9,706 12,369 8,825 52,705 8,980 5,436 4,053 2,888 194 34,436 5,000 |
|---|---|---|
| 643,562 | ||
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Fees payable to the charitable company's auditor for the audit of the | ||
| charitable company's annual accounts | 7,800 | 7,500 |
Page 20
Docusign Envelope ID: D83AA1EF-3C8D-4269-9634-9B75E9A2BEA0
HAMMERSMITH AND FULHAM FOODBANK
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
8. Staff costs
| Wages and salaries Social security costs Contribution to defined contribution pension schemes |
2025 £ 368,934 21,293 19,400 409,627 |
2024 £ 303,033 26,905 12,234 |
|---|---|---|
| 342,172 |
The average number of persons employed by the charitable company during the year was as follows:
| 2025 | 2024 | |
|---|---|---|
| No. | No. | |
| Management and Administration | 12 | 8 |
The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was:
| 2025 | 2024 | ||
|---|---|---|---|
| No. | No. | ||
| In the band £60,001 | - £70,000 | 1 | 1 |
The total remuneration for key management personnel for the year totalled £72,359 (2024: £70,916)
9. Trustees' remuneration and expenses
During the year, no Trustees received any remuneration or other benefits (2024 - £NIL) .
During the year ended 31 March 2025, no Trustee expenses have been incurred (2024 - £NIL) .
Page 21
Docusign Envelope ID: D83AA1EF-3C8D-4269-9634-9B75E9A2BEA0
HAMMERSMITH AND FULHAM FOODBANK
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
10. Tangible fixed assets
| Cost or valuation At 1 April 2024 Additions At 31 March 2025 Depreciation At 1 April 2024 Charge for the year At 31 March 2025 Net book value At 31 March 2025 At 31 March 2024 Stocks Food stock |
Short-term leasehold property £ 68,791 1,560 70,351 59,410 4,352 63,762 6,589 9,381 |
Motor vehicles £ 84,016 - 84,016 54,652 11,746 66,398 17,618 29,364 |
Fixtures and fittings £ 54,768 1,855 56,623 46,951 4,336 51,287 5,336 7,817 2025 £ 53,503 |
Total £ 207,575 3,415 |
|---|---|---|---|---|
| 210,990 | ||||
| 161,013 20,434 |
||||
| 181,447 | ||||
| 29,543 | ||||
| 46,562 | ||||
| 2024 £ 24,755 |
11. Stocks
Page 22
Docusign Envelope ID: D83AA1EF-3C8D-4269-9634-9B75E9A2BEA0
HAMMERSMITH AND FULHAM FOODBANK
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
12. Debtors
| Due within one year Other debtors Prepayments and accrued income Gift aid receivable |
2025 £ 247 11,491 3,696 15,434 |
2024 £ - 37,155 1,517 |
|---|---|---|
| 38,672 |
13. Creditors: Amounts falling due within one year
| Trade creditors Accruals and deferred income |
2025 £ 5,243 11,175 16,418 |
2024 £ 10,024 7,500 |
|---|---|---|
| 17,524 |
Page 23
Docusign Envelope ID: D83AA1EF-3C8D-4269-9634-9B75E9A2BEA0
HAMMERSMITH AND FULHAM FOODBANK
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
| 14. | Statement of funds | Statement of funds | |||
|---|---|---|---|---|---|
| Statement of funds - current year | |||||
| Balance at | |||||
| Balance at 1 | 31 March | ||||
| April 2024 | Income | Expenditure | 2025 | ||
| £ | £ | £ | £ | ||
| Unrestricted funds | |||||
| Reserves | 499,082 | 639,915 | (554,908) | 584,089 |
Page 24
Docusign Envelope ID: D83AA1EF-3C8D-4269-9634-9B75E9A2BEA0
HAMMERSMITH AND FULHAM FOODBANK (A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
14. Statement of funds (continued)
| Restricted funds Salary Fund Strategic Facilities / Warehouse The Hub Advice Services Holiday Club Food More than Food Food for Thought (Counselling) Fresh Food Christmas Van/Distribution Volunteer development Other Pathfinder Marketing Total of funds |
Balance at 1 April 2024 £ 96,502 8,098 10,300 35,153 3,481 106,727 14,297 52,516 21,713 200 14,130 12,197 122 14,931 3,250 393,617 892,699 |
Income £ 179,424 25,000 56,829 - - 75,850 10,997 - - - 3,083 2,218 - 8,425 - 361,826 1,001,741 |
Expenditure £ (124,857) (16,763) (50,369) (28,299) (39) (130,811) (15,984) (27,155) (21,713) (200) (17,213) (6,840) (122) (14,001) (183) (454,549) (1,009,457) |
Balance at 31 March 2025 £ 151,069 16,335 16,760 6,854 3,442 51,766 9,310 25,361 - - - 7,575 - 9,355 3,067 |
|---|---|---|---|---|
| 300,894 | ||||
| 884,983 |
Page 25
Docusign Envelope ID: D83AA1EF-3C8D-4269-9634-9B75E9A2BEA0
HAMMERSMITH AND FULHAM FOODBANK
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
14. Statement of funds (continued)
Restricted Funds
Salary Fund - The fund is to contribute towards the salaries of the staff team.
Strategic Facilities / Warehouse - This covers rental, utility and maintenance costs of our centres and warehouse as well as some asset costs for the improvement of the sites.
The Hub - The fund (from Hammersmith & Fulham Council) is to provide for the salary of the supervisor and provide for the running costs of this centre. In addition this may include funding from other grant funders for further client support services and client events offered on this site.
Advice Services - For provision of Advice Services to our clients, predominantly from a specialist from the Citizens Advice Bureau.
Holiday Club - The fund is to carry out a school holiday club for referred primary school children.
Food - The fund is to purchase additional food stocks to top up donated supplies.
More than Food - This fund is for the provision of essential items to those in crisis which extends beyond food.
Food for Thought (Counselling) - Funding to deliver talking therapy from qualified counsellors for registered Foodbank clients either on site or remote delivery.
Fresh Food - This fund is to purchase fresh food (potatoes, carrots, apples and oranges) in order to add more nutrients to donations.
Christmas - This fund is for the purchase of Christmas related supplies and food.
Van/Distribution - This fund is to purchase a new electric van for food distribution and collection. In addition this fund contributes to the two van's running costs.
Volunteer Development - This fund is for the wages of the Volunteer Coordinator with the remainder mainly towards volunteer training.
Other - This fund was held for a project that took place in 2020/21.
Pathfinder - This fund covers the fees of a Social Inclusion Coordinator for project work and the wages for a Research Coordinator and affiliated costs.
Marketing - This fund is to improve the marketing budget specifically to help develop our corporate offer.
Food Roots (Food Strategy) - This fund is to develop the Food Strategy Group and is primarily used to pay the fees of a group coordinator role.
Page 26
Docusign Envelope ID: D83AA1EF-3C8D-4269-9634-9B75E9A2BEA0
HAMMERSMITH AND FULHAM FOODBANK
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
| 14. | Statement of funds (continued) | ||||
|---|---|---|---|---|---|
| Statement of funds - prior year | |||||
| Balance at | |||||
| Balance at | 31 March | ||||
| 1 April 2023 | Income | Expenditure | 2024 | ||
| £ | £ | £ | £ | ||
| Unrestricted funds | |||||
| Reserves | 566,001 | 605,095 | (672,014) | 499,082 |
Page 27
Docusign Envelope ID: D83AA1EF-3C8D-4269-9634-9B75E9A2BEA0
HAMMERSMITH AND FULHAM FOODBANK (A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
14. Statement of funds (continued)
| Restricted funds Salary Fund Strategic Facilities / Warehouse The Hub Advice Services Holiday Club Food More than Food Food for Thought (Counselling) Fresh Food Christmas Van/Distribution Volunteer development Other Pathfinder Warehouse Costs Marketing Food Roots (Food Strategy) Total of funds |
Balance at 1 April 2023 £ 84,335 5,346 442 34,057 3,481 4,338 18,071 46,816 - - 32,585 20,105 5,122 22,341 - - 13,200 290,239 856,240 |
Income £ 71,133 10,920 59,260 37,625 - 166,932 9,827 23,400 24,000 200 2,548 10,000 - - 6,000 5,500 - 427,345 1,032,440 |
Expenditure £ (58,966) (12,440) (49,402) (36,529) - (64,543) (13,600) (17,700) (2,288) - (21,003) (17,907) (5,000) (7,410) (1,729) (2,250) (13,200) (323,967) (995,981) |
Balance at 31 March 2024 £ 96,502 3,826 10,300 35,153 3,481 106,727 14,298 52,516 21,712 200 14,130 12,198 122 14,931 4,271 3,250 - |
|---|---|---|---|---|
| 393,617 | ||||
| 892,699 |
Page 28
Docusign Envelope ID: D83AA1EF-3C8D-4269-9634-9B75E9A2BEA0
HAMMERSMITH AND FULHAM FOODBANK (A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
15. Summary of funds
Summary of funds - current year
| General funds Restricted funds Summary of funds - prior year General funds Restricted funds |
Balance at 1 April 2024 £ 499,082 393,617 892,699 Balance at 1 April 2023 £ 566,001 290,239 856,240 |
Income £ 639,915 361,826 1,001,741 Income £ 605,095 427,345 1,032,440 |
Expenditure £ (554,908) (454,549) (1,009,457) Expenditure £ (672,014) (323,967) (995,981) |
Balance at 31 March 2025 £ 584,089 300,894 |
|---|---|---|---|---|
| 884,983 | ||||
| Balance at 31 March 2024 £ 499,082 393,617 |
||||
| 892,699 |
16. Analysis of net assets between funds Analysis of net assets between funds - current year
| Tangible fixed assets Current assets Creditors due within one year Total |
Restricted funds 2025 Unrestricted funds 2025 £ £ - 29,543 300,894 570,964 - (16,418) 300,894 584,089 |
Total funds 2025 £ 29,543 871,858 (16,418) |
|---|---|---|
| 884,983 |
Page 29
Docusign Envelope ID: D83AA1EF-3C8D-4269-9634-9B75E9A2BEA0
HAMMERSMITH AND FULHAM FOODBANK (A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
16. Analysis of net assets between funds (continued)
Analysis of net assets between funds - prior year
| Tangible fixed assets Current assets Creditors due within one year Total |
Restricted funds 2024 £ - 393,617 - 393,617 |
Unrestricted funds 2024 £ 46,563 470,043 (17,524) 499,082 |
Total funds 2024 £ 46,563 863,660 (17,524) 892,699 |
|---|---|---|---|
17. Reconciliation of net movement in funds to net cash flow from operating activities
18.
| Net income/expenditure for the year (as per Statement of Financial Activities) Adjustments for: Depreciation charges (Increase)/Decrease in stocks (Increase)/Decrease in debtors Increase/(Decrease) in creditors Net cash provided by operating activities Analysis of cash and cash equivalents Cash in hand Total cash and cash equivalents |
2025 £ (7,716) 20,434 (28,748) 23,239 (1,106) 6,103 2025 £ 802,921 802,921 |
2024 £ 36,459 30,427 14,644 (25,942) (28,404) 27,184 2024 £ 800,233 800,233 |
|---|---|---|
Page 30
Docusign Envelope ID: D83AA1EF-3C8D-4269-9634-9B75E9A2BEA0
HAMMERSMITH AND FULHAM FOODBANK
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
19. Analysis of changes in net debt
| Cash at bank and in hand | At 1 April 2024 £ 800,233 800,233 |
Cash flows £ 2,688 2,688 |
At 31 March 2025 £ 802,921 |
|---|---|---|---|
| 802,921 |
20. Operating lease commitments
At 31 March 2025 the charitable company had commitments to make future minimum lease payments under non-cancellable operating leases as follows:
| Not later than 1 year Later than 1 year and not later than 5 years |
2025 £ 4,730 8,663 13,393 |
2024 £ 3,663 11,905 |
|---|---|---|
| 15,568 |
The following lease payments have been recognised as an expense in the Statement of financial activities:
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Operating lease rentals | 5,376 | 2,747 |
21. Related party transactions
In the current year, donations from Trustees totalling £5,000 (2024: £5,560) were received by the charity.
In the current year, funds totalling £11,516 (2024: £18,800) were received from H&F Giving. Vivienne Lukey, a Trustee, is also a Trustee of this charity.
Page 31