Braintree
Area
foodb
BRAINTREE AREA FOODBANK LTD
TRUSTEES ANNUAL REPORT AND ACCOUNTS
YEAR ENDED
313T MARCH 2024
Reglstered In England and Wales
Charity No: 1148782
Company No: 08183618
the
trussell
trust

Braintree Area Foodbank Limited
Financial Ststsments
Page(sl
Charity Reference and Administrative Details
Trustees, Annual Report
Disclosure of informalion to independent reviv
Independent Examinerfs Report
Statement of Financial Aclivitses
(including Income and Expenditure Report)
Balan￿ Sheet
Statement of Cash Flows
10
Notes to Finanaal Statements
11-21

food
Braintree Area Foodbank Limited
Charity Reference and Admlnlstrative Details
Year ended 311t March 2024
Charity Registration Number
1148782
Company Registration Number
08183618
Trustees and Director5
who have served during the
year arKI since the year end
Rosemary Joy Bailey
Jonathan Denison Cross (stood down 4 November 2023)
Zelma HO￿ (ctropted 4° November 2023)
Lyndon John HopkN)s
Roman Henry Kukiewicz (appointed 4" November 2023>
Graham Charfe5 Paternan
Lisa Margaret Scott
Malcolm Henry Seward (appointed 4th November 2023)
John Edward VandLwne (st(Mxl down 4. Novembw 2023)
George Martin Wafula
Robert Wakeman
Dale Jason West {CCH)pled 141 June 2024)
CoTnpany Secretsry
Zelma Holt
Registered Office
Unit 6
Lakes Industrial Park
Lower Chapel Hdl
Braintree
CM7 3RU
IrKJependent Examiner
Ltsa Greenw(￿ FCCA
Lambert Chapman LLP
3 Wamer5 Mill.
Silks Way,
CM7 3GB
Solicitor
Holmes & Hills LLP
9 8ocking ErKI
Brantree
CM7 9AJ
Bankers
CAF Bank Ltd
25 Kingshll Avenue
Kingshiu
West Malling
ME19 4JQ

Braintree Area Foodbank Limited
Trustees, Annual Report {including DlrectOT5' Report and Strategic Report)
Year ended 31•t March 2024
The Trustees wesent their report and financial statements of the charity for the year end 31" March 2024.
Objectives and Actlvltles
The objectives of the charity are the reli￿ of wverty in the Braintree area in particular. but not exclusively,
by providing ernergency food 5￿pIleS to irKlividua15 in need andlor chariiie5 or other organisations working
to prevent or relieve povety.
Braintree Area foodbank supports local people in need of food through distribution centres in Braintree,
Halslead, Great Notley. Witham arKJ Sible Hedingham. We currentty partner with 140 referral agencies
who issue vouchers to those needing our help. Vouthrs are exGhanged for food at our centres. In
addition, our volunteers are able to &gnpost people to the agerKies that may be able to help them address
the underlying issues behirKI their CTiSiS.
Public Benefit Statement
The charity has, during the year, run a foodbank within the Braintree districL The Trustees have had
regard to the Charity Commission's gutdance on public benefit. The results achieved by this are set out In
the following sections.
Achlevements and Perforniance
The rise in the cost of living continues to have a significant effect on fv Braintree area. The charity has
distributed 108.91 tonnes of food arKI personal hygiene items to beneficiaries during the year (last year
92.23 tonnes). This represents a further increase in food djstributed. This year we distributed parcels
10 7.459 adults {last year 5181} and 5,C65 Ghiklren (last year 4292), a doublirvJ of our provision in 2021122.
In addition to our food di5tribulion, we have wovided £10 supennarket food voucher5 to enable clients to
purchase fresh food items. The cost of these was £11.924 which has been funded by a Company donation.
We have purchased £80,661 of food arKI personal hygiene items to rnaintsin sufficient warehouse stock of
which £65,708 used specific furKling from nationa and local or9anisations and individuals. We have also
used our resources to assist other organisations, by providing them with 2.246 kg of food.
Our ￿ntre$ at Christ Church, Braintree, St Paul's Church, Bra￿tree, Great Notley, Halstead and Wtharn all
continue to sep4e their local communities. In ￿ld￿TrOn lo food distribuiion. we are pleased to have
representative from various organisations at the centre5. Halstead host Communty 360, once or ￿lce
month, with Green Doctors attending Great Notley f<xtnightly. Wrtham have CitBens Advice Iw1￿ a month,
and St. Paul's have Citizens Advice visitirKJ each week. Christ Church have Peabody visiting each week.
Over the past year, VR have expanded our services in a number of ways. In May, we opened a distribution
centre at Hedingharn Baptist Church. and in May a generous private donation enabled us to purchase
second van so that we could commence a delivery service to clients who have restricted access to our
centres, with 576 visits ta provide food for 1.512 people. This is the equivalent to opening an additional
centre.
The award of a grant from the Braintree Distrtct Council Cost of Living Fund has enabled us to employ
Communty Outreach Officer from Septernber 2023 to offer support to those clients that have opted for a
delivery. and we are also able to SLPPOrt high depeTrJency users. Addrtionalty, the Communty Outreach
Officer has been able to meet with parish Counc￿10[5. churche5. referral agencies. and communty
agencies. to increase their UrKIerstandw￿ of the r(Ae of the Charity.

Braintree Area Foodbank Limited
This grant has also made it possible for us to open a further distributton centre in Braintree from March 24
lo allow us to extend our food parcd distribution to Saturdays and gives us a bcation at which we can host
charities and other organisations thal offw services to people in r￿.
We have wrtinued our partnership with Arts 435. an organisation that enables advocates based in a
church or charity to post requests for essential items, on behalf of individuals in need. whith are then paid
for by crowdfunding. Since the appointment of our Communty Outr&2ch Officer. we have been ab￿ to
identfy and apply for items totslling £1,(Kl5.
We have continued to wblicise the work of the Foodbank through our social media output and educational
visits. These included talks to communty groups, atte￿Ing the Communty 360 rnarketylac2 and numerou5
visit5 to the warehouse including vigts by Graham Buuand. the Leth ol Braintree Elstrict Council, and
Diana Garrod. the Chaitman of the Counal.
Fundlng
The charity continued to seek donation5 arKI grants to ensure the continuty of ts service to beneficiaries.
The main activity of the charity is the distribution of food and other essential groceries, Ythich are usually
generously donated by individuals through colection points in supemiarkets, schools. churches, and other
communty facilities. The c0st-of-llvr￿ crisis has had an understandable effeci on the level of provisions
received and we are very indebted that donof5 have continL￿d to support us.
Overall. we collected a total of 88.6 tonnes of food and essential grocertes (last year 78.6 tonnes), valLFed
at £155,171. Our substantial core costs, for which we require funding, have been met in part through
individual donation5 from our supporters, through webpage donating, arKI grants from k)cal organisations.
commercial sources arKJ frorn ptrwlanthropic Organisati￿￿.
The Trustees are grateful to the many people ￿￿1 oryani5ati￿5 who made donat*?ns or prov#Jed grants to
enable the foodbank to continue to operate.
Staffing the Foodbank
The Foodbank continues to benefft from the swVi￿S of our employees. Lee Ranson our Chartty Manager,
Henry Hopkins our Warehouse and Distribution Manager. along with Sarah Dynan. our newly appoinled
Cornmunty Outreach Officer. Their had work and dedication are at the core of the foodbank.
Additionally, the tharity gains from the input of 149 volunleers (last year 127), Working across the
distribution centres, office. transport. and warehouse. These PeO￿e. who give freely of their time and
effoF( we also essential and crucial to the runnYKJ of the foodban
Structure, Governance and Management
The Company is limited by guarantee ar#J regislered in England.
The Company is affiliated to the Trussell Twst who provide 5UPP(Yt arKI advice for the establishment and
running of foodbanks nationwhye and who collect and disseminate statistics regarding the use of
foodbanks. The Trussell Trust has prescribed procedures and processes which apply to all foodbanks
which are affiliated to their netsvork. Volunteer Managers are appointed to oversee various areas of the
operation of the Foodbank including Transport and eath Distribution Centre. Regular meebngs are held
which are attended by the various Managers. plus the Directors, at which day to day operational matters
regarding the efficient running of the foodbank afe discussed arKI agreed.
Trustees of the Charity
The Diredors of the charitable company are its Trustees for the purpose of charity law. They are elected
by the charity's annual general meeting. according to the PrO￿dUre set out in the Memorandum and
Arkncles of Association. Where there is a vacancy for the appointment of a new TrusteelDirector th[5 15
advised to all company members and r￿minationS are invtted. with an emphasis on attracting applicatTrons
from individuals with appropriate skills and training, to complement our existing trustees. The trustees
receive a local induction along wtth training courses provided by Community 360. The Trustees Meet on a
regular basis arKJ *e responsible for the overall fflanag￿￿nt and the direciion of the C(xnpany. Thrs year

Braintree Area Foodbank Limited
saw the departure of Jonathan Denison Cross and John Vandrnie. We are extrernely grateful for all that
they have contributed over the years.
Trustees, Responslbllltles
The Trustees are responsible for preparing the Trustees. Annual Report and the financial statement5 in
accordan￿ applicable law arKI United Kingdom Accounting Standards (United Kingdom Generally
Accepted Accounting Practi￿}.
Company law requires the Trustees to wepare finanraal ststements for each financial year, which give a
true and latr view of the state of affairs of the Company for that period. In preparing these financial
statements. the Trustees are required to..
select suitable accounting policie5 and apply them consistenty.
obsepie methods and principles in the Charities SORP (FRS 102)
make judgements and estimates that are reasonable and prudent.
state whether applicable UK accounting standards have been followed, subject to any material
departures disclosed and explained in the financtal statements.
prepare the financial statements on a going con￿rn basis unless it is inappropriate to presume that
the charitable company will continue in Qwat￿.
Th8 Trustees are also responsible for kwing adequate accounting records that disdose wilh rth￿Onable
accuracy at any lime the financial position of the charitable company and enable them to ensure that the
financial statements comply with the Companies Act 2006. They a￿ also responsible for safeguarding the
assets of the charitable company and hence for the pre?￿lOn and detection of fraud and other
irregularities.
In the past year the Trustees have approved uFwJaled polcies and procedures covering the followng..
Safeguarding Policy
Volunteering IT and communications Policy
Volunteer Expenses Policy
Health and Safety Policy and Personal Health and Safety and Escalation Policy
Equal Opportunities Policy
Driving Policy
Problem solving Policy
Risk register arKI Rtsk managernent Policy
Third Party Indemnity Provisions
The Compary maintains Directors arKI Officers insurance for the benefit of the TrusteeslDirectors.
Forward Plans
We have been av￿rded funding of £51,503 for 2024-25 from the Trussell Trust to enable us to partner with
Citizens Advice in providing a fNe day a week Financial Incluslon service to help our clieTrts deal with
rnultiple i55ues related to debt, housing. benefits. and employmenL We also intend to undertake a Lived
Experience Project in order to aKI us in our future work wtlhin the communty by having a better
understarKling of the reason5 why people are visiting us. how they would manage without foodbar*s and to
understand how we have helped the dients visitirvj our distriblrtton centres.
Investment Policy
A prudent amount of cash is held with CAF Bank and an easy access buiklirvj socEty account to meet
expenditure as it is needed. The rernaining funds are held in one 1204ay variable rate account and four
one-year fixed rate bank b)nds wh￿h will mature at periodic interva15 and be available as required.

Braintree Area Foodbank Limited
Financlal Revlew
The Company achieved an overall surplus of income over expermliture for the year to enab￿ it to continue
to build up a reserve fund.
Reserves Policy
The Directors have set an objective of maintsining cash reserves at the end of each financial year to
provide financial reSoUr￿S sufftient to cover six months expenditure which is estimated to be £111,762 in
2024-25. Ow unrestricted reseThe fund (excluding unrestricted r￿ed assets) at the year erKled 31d March
2024 is £334.200 and this objective has therefore been met
Dlsclosure of Infomialion to independent revSew
We, the Directors of the company who hekl office at the date of aP[￿0Val of these financial statements as
set QLrt above each confinn, so far as we are aware, that
there is no relevant infonnation of whth the inde￿ent examiners are unaware; and
we have tsken all steps that we ought to have taken as Directors in cKder to make oursehies aware
of any such relevant inforrnation aKI to establish ttwt the Comparfs indepeTKlent ex￿Iner is
aware of that information.
In approwng the Trustees. Annual ReporL we also approve the Strategic Report induded therein in our
capacity as Company Directors.
The report has been prepared havirvJ taken adV￿e of the small companie5, exemption in the
Companies Act 2006.
On behalf of the board
Trustee signature
Trustee signalwe
Trustee Name
Trustee Name
Lt Sl
Date
13 ol. 1024
Date
13 07. ￿24

Braintree Area Foodbank Limited
Independent Examlnerfs Report to the Trustees of Braintree Area Foodbank Ltd
I report to the charity TrLtstees on my examination of the accounts of the Company for the year ended 31,
March 2024, which are set out on pages 8 to 20.
Responslbilities and basi5 of report
As the charity Trustees of the Cornpany (and also its drectors for the purposes of company law) you are
responsible for the preparation of the acCO￿ts in accordan￿ the requirements of the Companies Act
2006 {'The 2006 Act)
Having satisfied myself that the accounts of Ihe Company ￿e not required to be audited urwjer Part 16 of
the 2006 Act and are eligible for independent examination. I report in respect of rny examination of your
Company's accounts a5 carried out under Section 145 of the CharitEs Aci 2011 ('the 2011 Act'l. In
carrying out my examination I have followed the directions given by the Charty Commission under Section
145{5llb) ofthe 2011 ACL
Independent Examlnerfs Statement
Since the company's gross income exceeded £250,000 your examiner must be a member of a body listed
in section 145 of the 2011 Act. I confim that l am qualified to uTrJertake the examination because l am a
member of the Association of Chartered Certified Accountants. which is one of the listed bodies.
I completed my examination. I confimi that rbo matter5 have come to my attention in connection with
the examination giwng me cause to believe that in any rnaterial r￿pecL
1) accounting records were not kept in respect of the C(xnpany as required by Section 386 of the 2006
Act: or
2) the accounts do not accord with those records; or
3) the accounts do not comply wrth the accountir¥J requirements of Sedion 396 of the 2006 Act other
than any requirement that the accounts give a 'tr￿ and fair Vie￿ which is not a matter considered a5
part of an independent examination: or
4) the accounts have not been prepared in accordance with Ihe methods aThJ principles of the Statement
of Recommended Practi￿ for accounting reporting by tharities (applicable to charities preparing
their accounts in accordance with the Finanoal Reporting Stsndard applicable in the UK and Republi
of Ireland IFRS 102)
I have no concerns and have come across no other mattets in connection with the exafflination to which
attention shoukl be drawn in this rewt in order to enabte a proper urKle￿1andln9 of the accounts to be
reached.
Signed
Lisa Greenwood FCCA
Lambert Chapman LLP
3 Warners Mill
Silks Way
Braintree
CM7 3GB
Date
17.7. 2Dllk

Braintree Area Foodbank Limited
statement of Financial Activities fincluding summary Income and Expenditure Account)
Year Ended 31 March 2024
La¥t
year
Year
Restrlcted funds
Notes Unr•strlci•d Revenuè
Capltal
Funds
Total
Total
Incom& from:
Grants and tknations
Investment Incoff
Gift Card donations and Gifts in
Kind
Profft on L)isposa of Fixed
181.728
9.762
167.(102
6.309
355.039
9.762
184.350
1,646
3A
4.437
4M37
14.982
Food & Laundry btems dcmated
and distributed to beneffciaries
Fund Raising Activities
155.171
155,171
177.898
1.248
Total Incorne
351,098
167.002
524,409
380.124
Expenditure on
Charitable activities
Food distributed to
beneficiaries
Support aclivities
Fund raising activities
Total Expenditure
65.026
61.284
3.499
129,809
71,268
170.124
21.748
65,708
19.498
235,832
41246
202.522
36.317
297
256.898
146.490
406,887
310,404
Net IncoTnellExpenditLYel
94.200
20.512
2.810
117.522
69.720
Tr￿Sfer3 between Funds
94.200
20.512
2.810
117.522
69.720
Reconcaliation of fund5
Total Funds brought forw*d
271.312
34,497
8.154
313,963
244,243
Total Funds carried fO￿ard
13
365￿12
10.964
431885
313,963

Braintree Area Foodbank Limited
Balance Sheet
Year Ended 31 March 2024
year
Last year
Fixed Assets
Tangible Assets
Unrestricted Funds
Restr￿ted Funds
7,14
31.312
10.964 42,276
3,733
8.154 11,887
Current Assèts
Debtors
Short temi Investments
Cash at bank ￿mI in
haTwJ
Stock
9,028
250.837
3,100
231.729
11
11
131.883
57.170
12.900
304.899
399,212
Creditors
Amounts falh'ng due
wtihin
one year
10
10,003 389,209
2,823 302,076
Net
Assets
Charity Funds
Unrestricted Funds
Restricted Fund5
12.13
365,512
65.973 431.485
271,312
42,651
Totsl Charity Funds
431.485
313,963

Braintree Area Foodbank Limited
Statement of Cash Flows
Year Ended 31 March 2024
Note
Thlsyear
Last year
Cash flows from operatingactivities
117.522
69.720
Adjustments tD cash flows fonn non<ash Items
& non-operatlng actlvltles
Depieclation
5,032
74,752
126.152
worklng capltal adjustments
Ilncreaselldecrease in stocks
Decrea5ellincreasel in (iebtors
(Decreaselllncrease in credltors
Decreasellincreasel In shortterm investments
Net cash flows from operating acti%ryties
5.436
-5.928
7,180
-19,108
113.732
-11.118
627
io
li
1,303
-81,370
-15.806
Cash flows from Investlng actlvllles
Purchase of langible fixed assets
Disposal of tangible lixed asset
Net increase In cash and cash equfvalents
-39,D19
-1,188
39
-16.955
74,713
Cash and cash equNalentsat IApril
57,170
74,125
Cash and cash equwalentsat 31 March
L883
57,170
The Company was entitled to exemoion fr(xn a￿lIt Section 477 of ttbe Companies Act 2006 reFating
10 small companies. The Members have not required the Company to obtain an audit of its financial
statements for the year ended 31" March 2024 in accordance with Section 476 of the Cornpanies Act 200S.
The Director5 acknowledge their responsibility for complyw with the requirements of the Companies Act
with respect to accounting records and the preparation of accounts. These acKounts have been prepared in
accordance with the provisions applicable to small companies sutyect lo small company's regime and in
accordance with FRS102 SORP.
The financial statements were approved and aulINi￿ for issue by the Board on
Signed by one trustee ￿ behalf of all the trustees.
Trustee signature
Date of Approval
Trustee Name: Rosanary Ba1￿Y
3. 07 2024
The notes on pages 11 to 21 fomi part of these fnancial staternents.
10

•t*lryp
foodb
Braintree Area Foodbank Limited
Notes to Flnancial Statements
Year Ended 3141 March 2024
Note 1) Sumrnary of slgnificant accounting policl
a) General information and basi5 of accounting
Braintree Area Foodbank Ltd is a company limited by guwantee registered in England. In the event of
the Charity being wound up. the liabithty in respect of the guarantee is limited to £10 per member of the
charity.
These accounts have beeT] prepared under the historical cost convenlion with items recognised at cost
or transaction value unless othenvise stated in the relevant note(s) to these accounts.
The accounts have been prepared in accordan￿ with the Staternent of Recommended Practi
Accounting and Reporting of Charities preparing their accounts in accord￿ with the Financial
Reporting Standard ap￿ICable in the UK aThJ Republic of Ireland (FRS1021 issued m 18th July 2014
and with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and
with the Charities Ad 2011
The Charity constitutes a publc benefft entity as defirted by FRS 102
(bl Going Concern
The financial statements are Fry￿red on an ongoing concem basis urvjer the historical cost
convention as the reserves held and the funding a3reed for the next financial year gives financial
stability. The financial statements ￿e yesented n sterfiTrJ which is the functionry currency of the
Charity rounded to the nearest £1.
(c) Accounting Policies
The accounts wesent a true and fair view and no changes have been made to the acc￿ntIng pollcles
adopted in note la.
(d) Change5 to accounting estimates
No changes to accounting estrnates have ouxfftd in the reportirKJ period (3.44 FRS102 SORP)
Note 2) Accounting Policles
2.1 Income
Recognition of Incorne
These are included in the Statement of Financial Acttvibes {SoFA) when:
the charsty becomes entiued to the resources"
it is more likety than not that the tru5lees will receive the resources.
the monetary value can be measured with suffi(ient reliabilty.
It is impractical to assess the fair value of food donated for distribution to the beneficiaries of tp
Foodbank at receipt as the cost of such walualion would oulweigh the beneffts. The has
therefore been assessed and the donation recognised as a component of donations when distributed
and an equivalent amoLnt recogntsed as Gharitable expenditure.
The valuation is ¢alculated on the number and weight of boxes distributed during the year, based on
th8 Usual contents included, Costed at Supe￿a￿et own gcmjds prices.
11

Braintree Area Foodbank Limited
(a) Offsetting
There has be￿ no offsetting of assds and liabl￿ties. or income and expen5e5,
unless required or pemitted by the FRS 102 SORP or FRS 102.
(b) Grants and donations
These are only included in the SOFA when the genttal tncome recognition criteria are met (5.10 to
5.12 FRS 102 SORP)
{c) Tax reclaims on donations and gifts
GTft Aid receivable is induded in income vA)en there is a vafid dedaration from the donor. Any Grft
Aid amount recovered on a donation is considered to be p*t of that grft and is treated as an
addition to the same fuTKI a5 ttrE initial d(￿atIOn ￿lesS Ihe donor or the tenn5 of the appeal have
specified otherwise.
(d) Other donated goods and services
Other donated goods are measured at fair value (the amount for which the asset couls be
exchanged) unless impraciicable to do so.
The cost of these stocks donated for distributton lo benefiaaries is deemed to be the fair value of
those gifts al the time of their r&apt and they *e recognised on receipt In the reporting period in
which the stocks are distributed they are recognised as an expense at the carrying amount of the
stock5 at distribution.
Gifts in kind for use by the chanty are induded in Ihe SOFA as income from donations when
receriable.
Donated services are included in the SOFA when received at the value of the gift to the charity
provided the value of the gift can be rneasured reliabty. Donated services that are consumed
immediatety are recognised as income with an equivalent amount recognised as an expense under
the apwopriate heading of the SOF
(e} Investment income
The chartty receives from short twm inve5tinents. This is recognised when received.
(fj Volunteer help
The value of voluntary help received is not ind￿led in the accounts but is described wi the
Trustees, annual reporL
2.2 Expendlture and Llabilitles
(a) Liabilty reCogni￿n
abilities are recognised where it is more likdy than not that ttwe is a legal or constructive
obligation committing the itharity to pay oui resourcts and the amount of the obl￿atIon can b8
measured with reasonable certainty.
(b) Govemance and support costs
Support Costs have been alocated bdween govemance cost ar￿ other supporL Govemance costs
comprise of all costs Invol￿ng public accountabifty of the Charity and its Complian￿ with regulation
and good practise.
(c) Redundancy cost
The Charity has made no redurKJancy payments dwing th& reporting penod.
(d) Deferred income
No material item of deferred income has been HKI￿led in the accounts.
12

Braintree Area Foodbank Limited
le) Creditors
The Charity has creditor5 which are measural al settlement amounts.
(fj Provisions for liabilities
A liability is measured on recognition at its historic C05t and then subsequently measured at the best
estimate of the amount required to settle the obligation at the reporting date.
(g) Charitable activty
Charitable expenditure comprises those co* In￿rred by the Charity in the delivery of its activities
and Servi￿ for its beneficiaries. It includes both costs that can be allocated directly to such
activities and those costs that can be allocated dire￿ to such activtbe5 arKI those costs of an
indirect nature necessary to support them.
(h) RaisirvJ ffijnds
These are costs inujrred in attracting volunt￿Y inc(xne and th{￿ inarred in trading aclivities that
raise funds.
(i) Cost of food distributron
These costs are directty related to the donation of food received by the Charity and is realised when
distribuied to iEneficiaries.
2.3 Assets
(a)Tangible fixed as5els for use by the Charity
These are capitslised if they can be used for more than orE year arwj cost at least £500. They are
valued at cost. Depreaation is charged on a strawJht4ine basis, plant and machinery over 9 years
and fumiture. fiitings and equipment over 5 years.
(b) Debtors
Debtors are measured on initi.al recognition at settlement amounL subSequ￿11y, they are measured
at the Gash or other con5ideralion expected to be receive(l.
{¢) Current asset investments
The chanty has cash held on deposit wilh a maturity of less than one year which are held for
investment purposes. They are valued at fair value.
Note 3
Income
Thi5 year
Thls year
Thls year
Ti>tal
Last year
Totsl
79,990
6.475
97,885
177.898
Donat5on5 specific Donations and Gifts
Gift Aid
General Donations
Food donations
Other donated goods and
service5
173.251
60
IT3.251
24.999
156.789
155.171
24.939
156.789
155.171
4.437
341.336
14,982
377.230
173.311
514.647
Charitable Fund raising activities
1,248
Other
Investment Income
9.762
9.762
1,646
TOTAL INCOME
351.098
173.311
524,409
380,124
All income in the prioryear wa5 unfestricled excepl for Speafic DonatK)ns of£80,062
13

Braintree Area Foodbank Limited
Last
year
177.898
11.767
362
2.853
192.880
Note 41 t)onated goods and services
Food & laundry items don
Gifts of items
IT sofiw&e data transfer
Supemarket Gift cards
year
155,171
992
159.608
Accounting policies for donated goods and Se￿ice$ are described above.
Note 5) Expendi￿re on charitable activities
Thls
ygar
Totsl
Last
year
Total
Thlsyear
Th1¥ yeor
Expense on raising funds
Staging fundraising events
Advertising. rnarketing. direct rnail and publiuty
297
297
Expendlture on charitatAe activit
Van running cost
Waretr￿ costs li￿lUdIng Wareh(w5e supervisor
salary, rent￿ and seNKe charges)
Donated Food & Latndry items distsibuted
Purchased food & Laundry items di5trilyJled
Activities undertaken
Corrfftinity Support Costs
Delivery Service costs
distribution centre refurtxshrnent
Contrityjtion lo costs at Church distribution centres
Iterns distribuled to other Chariiies
Depreciation of ￿gible fixed assets
5.053
40
S.093
3.141
33.980
155.171
14.953
33.980
155,171
80.661
21,804
29.744
177.898
24.624
22.669
65.708
11.924
7.344
4.441
32.535
4.441
32,564
8.575
7,744
8,264
365,641
8.$75
2.744
4.765
235.150
7,155
5.034
3.525
273.790
5.000
3.499
130,491
Support Gosts
Administralive arKI offts costs
Govemance costs: ICO fees
Independent Examiner Fee
Deweciation of tang￿￿e fixed assets
19.457
19.498
33.425
35
35
1.890
1.350
1.507
21.748
19A98
41.246
36.317
Total Expenditure
149.989 406.887
310.404
14

Braintree Area Foodbank Limited
Anatysis of expendilure on ¢harftable activltles excluding depreciation charges
Activities
Grant
Total
undertaken
furbding ol
this
directly
acliviti
year
Total
prior
yeaT
Activity or progrdmme
Support
Costs
Food & Laundry items distributed
Administration staff costs
Communty Supwrt costs
wa￿hOuse slaff cosls
Delivery Servti costs
New Dislribulion Centre tefijrbishment
Contribution to costs of Distribution
Centres
Wa￿n Packs
Fc￿￿j Gift Cards
Support Costs
Ilerns Distributed to other Ch￿Ille$
Fud costs
Warehouse mantenance
170.124
65,708
19.498
235,832
33,540
12,584
14.685
4.441
32,564
202.522
26,716
14,042
4,235
14.685
10,967
4.441
29
8.575
2.710
1.930
8,575
2.710
13,854
11,459
7,744
974
7,155
4.852
14,835
32,154
5,034
645
492
11,924
11.459
2.744
934
19,295
Total
398 257
Notè 61 Detalls of certain types of experKliture
Staff costs
This year
La¥t year
Salaries and wages
Sw81 security costs
Pension costs (defined contiibutTh pensKJn plan)
other efflployee benefits
Total staff costs
56,634
36,255
1,216
708
36.963
This year
Last year
Amount paid to key managemgnt F￿lsOrt
32.935
25,524
Average head countfor the yèar (WTE)
Thi5 year
2.42
Last year
1.53
Thè parts of the charity in vthich
the èmploye8$ work
Charilable Activitses
Tolal
2.42
1.53
2.42
1.53
No employee receNed emduments of rrK)re than £60,Cth in the y&qr
15

Braintree Area Foodbank Limited
Deffin￿ Contribution Pension Scheme
This year
Last year
Amount of Contributions recognised in
the SOFA a8 an ex￿nse
1.216
708
Restricted Unrestricted
Funds
Funds
Pension cost5 relate to an en¥tye wthing ￿ the charity &ti¥ities
apportioned on the basis of the salary costs covered by grants
obtained
238
978
Note 71 Tanglble fixed assets
Plan( machinery
d mot(*
vehicles
Fixtures,
fittings and
equipment
Total
(a) C05t or valuation
At the beginning of the year
Additions
Revaluations
17.755
25,590
9.079
39.019
Disposal$
Transfer5
At end ofthe year
47,695
34,669
82.364
(b) Depraciation and irnpairments
At beginning of the year
Disposa15
Depreciation of revaI￿d item
Depreciation
At end ofthe y&3r
21.593
31,458
3.330
24.923
8,630
40,088
15.165
IC) Net book valu•
Net book value at the beginniNJ of the year
7.890
11.887
Net book value at the end ofthe ye
31530
Note 8) Stock
This year
Last Year
Gift Cards and Gifts in Kind for
Distributi(
Charitthe activities:
Open￿9
Added in Period
Expensed in peri(Kl
Closing
12.900
16,360
-21.796
7.464
1,782
29,743
-18,625
12.900
16

food
Braintree Area Foodbank Limited
Note 9) Debtors and prepayments
Analysls of debtors
Thls year
Last year
Trade debtors
Prepayments arKI accrued income
2.497
1,553
other debtors
Tolal
6.531
9,028
3,100
Note 10) Creditor5 and accrua15
Analy515 of credltors
Arnounts falling due
wlthln one year
ThSs year
Last year
Accruals and deferred income
6.927
Taxation. social security and pension
3.076
1,171
Total
10.003
2,823
Note 11) Cash at bank and In hand
Thls year
Last year
Short tem) cash investments (less
than 3 months maturity date)
Short tem deposit5
250.837
231.729
Cash at bank and on hand
131.883
57.170
Total
Cash at bank and in hand includes £58.287 held *) a Buiklirwj Socpty account F)aying interest
17

Braintree Area Foodbank Limited
Note 12) Charity Funds
Details of material funds held and movements durfNJ CURRENT reporting period
Fun
balances
brought
forward
Fund
balances
carry
forward
Purpose and
Restrict[(￿5
Type
Income
Expendiw
Fund names
Van replacement
Fund
Capital pU￿hase
of van
Capital
purchase of
CCTVf
waiehouse
Employment
Restrlcted
1973
5.917
CCTV Fund
Restricted
Project Manager Restiicted
1.216
1.216
Purchases for
clients including
deliveries io
other Foodbanks Restricted
Purchases for
cllents
Capital
purchases for6
Maiketstreet
and Communty
Office
31281
33.281
Braintree D15tr1ct
Council Costof
Living Fund
Restricted
1.262
5.047
6 Market Street
refurbishment
and delNery
5eNice
Food Purchases
Food & toiletrtes
purchases
Braintree Distrlct
Council Costof
LlvinE Fund
Food Purchases
Food & tolletries
purchases
Community
Organisations
Cost of LlvlnE
Fund
Fuel Purchase
Restricted
Restricted
92.642
14.320
44.320
7.633
48,322
6,687
Re5tricTrd
5.000
5.000
Fooli. totietries &
Chaiity Manager
costs
Restrlcted
Restricted
55.000
40
55.000
40
Fuel
Capitsl purchase
Unrestiicted of second van
Van Fund
29.940
3.327
26.613
General FLmds
Unrestiicted
271212
321.158
253.571
338.899
Total ￿ndS as peTbaiance sheet
313363
524.409
406.887
431.485
18

Braintree Area Foodbank Limited
Note 12) Charity Funds
Details of material funds held and movements durfng the PREVIOUS rnportlng perfod
Fund
batances
bfouRht
forward
Fund
balances
carry
fO￿ard
Purpose and
Restriction5
Type
Income
Expenditure
Fund name5
Van
replacement
Fund
Capltal
purchase of
Wdn
Restrlcted
1.973
7.890
Purchase of
equipment
for EWSL
EWSL
equipment fund Restricted
255
255
Capital
purchase of
CCTVfo(
wareh￿se
Employment
cost5
Warehouse
cost
CCTV Fun
Project
Manager
Warehouse
cost5
Purchases for
clients
inelu(Jing
deliveiies to
othef
Foodbank5
Restrlcted
$28
264
264
Restricted
5.524
10.000
14.308
1,216
Rewicted
270
270
Purchase5
forciients
Food
Purchase
and Gift
Card5
Cotsi
weather
Items. ft￿[
and
additional
paycosts
Restricted
50.000
16.719
33.281
Food Purchase
and GiftCard5
Restricted
1S.lJ62
15.062
Winter
Pressures
Funding
Restricted
5.lJOO
5.000
General Funds
Unrestrfcted
227.803
300.062
256.553
271.312
Total Funds as perbalance sheet
244.243
380.124
310.404
313,963
19

Braintree Area Foodbank Limited
Note 13)
F￿d Reconciliation
Balance
Income
Expenditure
Balance
31st March
2024
IstApril 2023
Unrestrlcted Fund
271,312
351,098
256.898
365.512
Restrlcted
Fund
Revenue
Capitai
34.497
8.154
42,651
167.002
146,490
3.499
149,989
10.964
65,973
173J11
Unrestricted Fund: This is available use at the disc[etk￿ of Ihe Trt￿tees in the fvrtherance of the gerEral
objectives of the Charity and have rK)t been thvjnated lor 0￿ wrposes.
Restricted Funds: These are funds which ￿e to be used in accorda￿ with the specik restrictions imposed
by donors or which have been raised by the Charity k>r pww>ses. The aim and use of the restrt¢ted
funds are sel out in the notes to the financtal statements.
Note 14)
Anatysis of net assets bet%%wn fuNIs
Unrestrictéd Restrictsd Totsl funds a5 at
31st March 2024
2024
Tangible Fixed
Assels
31.312
10.964
42,276
Current Assets
Current knabilities
344,203
-10.003
399,212
-10,003
Totsl Net Assèts
365,512
Total fund5 as
at
31st March
2023
2023
Tangible Fixed
Assets
3.733
8.154
11,887
Current Assets
Cur￿1 knabilities
270.402
-2.823
34.497
304,899
-2,823
Total NetAssets
271,312
42.651
313.963
20

Ime
Braintree Area Foodbank Limited
Note 15) Transactlons wlth trustees and reL*d parties
In the period the charity has not paid any trustee remunefaiion and benefits.
Trustees. expenses
Th15
year
Last
year
Expenses reimbursed
170
136
Transactlon(sl wlth related parties
Three Trustees have roles withwi Churches where this Foodbank operates
Distribution Centre5.
One Trustee is a parent of an employee
The Trustees declare a contlict of interest when any related discussion
takes Pla￿ and step out of the meetings where any connected issues are
considered.
21