Braintree Area foodb BRAIREE AREA FOODBANK LTD TRusfEES ANNUAL REPORT AND Accouprrs YEAR ENDED 31- MARCH 2025 Registered in England and Wales Charty No: 1148782 Company No: 08183618 the trussell trust
Braintree Area Foodbank Limited Financlal Stalements Pagels) Charfty Reference and Administrative Details Trustees, Annual Report Disclosure of intormation lo independent review IndepeIent Examinerfs Report Statement ol Financial Activities lincluding Income and Expenditur& Report) Balance Sheel Noles to Financial Statem8nts 10-20
Braintree Area Foodbank Limited Charity Reference and AdmInistrave Details Year ended 31" March 2025 Charity Registration Number 1148782 Company Registration Number 08183618 Truslees and Directors who have served during the year and Sin the year end Rosemary Joy Bailey (stood down 17 August 20241 Claire Yvonne Gibson (appointed 7 June 20251 Zelma Holt Lyndon John Hopknns Roman Henry Kuknewc2 (appointed 4 November 2023 and resigned 17 August 2024) Graham Chades Pateman (stood down 2 November 20241 Lisa Margaret Scott Islood down 13 July 20241 Malcolm Henry Seward Nicholas CINe Vosper (apFX)inted S August 20241 GeoTge NAartin Wafula Robert Wakeman Dale Jason West (awointed 1 June 20241 Company Secrelary Zelma Holt Registered Office Unit 6 Lakes Industrial Park Lower Chapel Hill Braintree CM7 3RU IndepeIent Examiner Mark Pearson FCA Lambert Chapman LLP 3 Wamers Mill. Silks Way, Braintree CM7 3GB Solicitor Holmes & Hills LLP 9 Bocknng End Braintree CM7 9AJ Bankers CAF Bank Ltd 25 Kingshill Avenue Ingshill West Mallir¥J ME19 4JQ
Are4 Braintree Area Foodbank Limited Truslees. Annual Report (including Dlrectors, Report and Stralegl¢ Report) Year ended 31" March 2025 The Trnstees present their report and IancIal statements of ihe charity for Ihe year end 31$1 March 2025. Oblo¢tlves and Actlvltles The objectives ol the charity are the relief, or prevention, of poverty in the Braintree area by providing emergency food supplies and hollstic wraparound support to individuals in need. Bralntree Area foodbank supports local people in need of food through our dlstrlbution centres in Braintree, Halslead, Great Nolley, Wilham, Sible Hedingham and Home Delivery SeNice. We currently partner Wlth 140 referral agencies who issue vouchers to those needing our help. Vouchers are exchanged for food and toiletries at our centres. In addition, our volunteers are able to signpost people lo the agencies that may be able to help thom address the underlying issues behind their crisis. Our Community Outreath OffIr is on hand lo spend more time. 1 to 1, wfjth our clients. Through this, we aro able to dive deeper into the root cause ol a clients need to use the foodbank, with the aim to resolve some, or all, ol these causes. This may be done in a variely ol ways, som81imes supporting them ourselves, advocating on their beha or linking them up with exlernal agencies. On top of Ihis we now have our own in-house Citiz8ns Advice Advisor, who, although only being wtih us for 4 months so far. has made a big impact in temis of creating solutions foi our clients. Public Beneflt statement The charity has, during the year, run a foodbank thin the Brainlree district. The Trustees have had regard to the Charity Commission's guidance on public benefit. The results achieved by this are sel out in the following sections. Achlevements and Portonnance (FY 2024125> The cost of living continues to impact individuals and families across the Braintree area. During the year. the Foodbank supported a lolal of 11,866 people, comprising 7,382 adults and 4,484 children. This reflects a slight reduction in overall demand from tho previous year, which we believe is linked to the Increased wraparound support wo are now abl8 to offer clients. We distributed 101.73 tonnes ol food and personal hygiene items lo beneficiarfes. Although this is slightty less than the 109 tonnes dislributed last year, due lo a reduction in available 'exlra' Items. tho core food parcel provision remained con51Stenl in quality and quantity. We now oporat8 from seven distribution centres.. Chrlsl Church (Bralntreel, Sl Paul's (Braintreel, Food and More (Braintreel, Great Nolley, Wilham, Halslead, and Sible Hedingham. These centres continue lo provide essential support in their local communities. Our eighth service point, the home delivery service, eonlinues to play a crucial role in reaching clients unable lo attend centres in person. This year. it supwrted 1.742 indivKluals and is now firrnly embedded as part of our s8Nice delivery model. We remain committed to providing more than just food. Peabody conlinues to offer sUPWrt at Christ Church. We aiso now benefit from the expertise of our in-hous8 Citizens Advice Bureau (CABI advisor who regularly attends Halslead, Christ Church, and Food and More. Volunteer CAB advisors SUF)POrt clients at St Paul's and Witham, with them providing covei and handling more complex cases relerred to them. Although the advisor has only been with us for a few months she has made a big impact already, with over £150,000 of expected gains lor clients. Whilst the Green Doctor no longer attends in person. we maintaSn a strong referr relationship with them lo ensure clients re1ve support on energy-related issues.
Braintree Area Foodbank Limited Sarah, our Community Outreach Offir, continues to woth closely with indiwduals to understand and address the root cause5 of food inseujrity, whether through in-house SUkWOrt, advocacy, or referrals to relevarrt Servi5, induding our CAB advisor. Her work has contribuled significantly to the reduction in higher-dependency clients, many ot whom are now either using our service less frequently or no longer require support. FoL)J and More has grown into a thriviro rnMunty hub, now hosting a range of partner organisations offering holistic support to clienls. These include- Hope House {homelessness support) Phoenix Futures (criminal justice. mental health. and social isolatÈon} Open Road laddictv)n support) Brainlree District Council Employment Support Braintree Bridge Isociat isolation, launthing soon} Acts 435 continLtes to be a valuable partnership, allowing us to raise £7.636 to provide essential household goods suth as beds, fridges. washing mathines, and other urgent needs. Funding The charity conltnued to activety seek donalions and grant funding to ensure the sustainabilty of its setvices to those in need. Stock donations of food and essential household items are largely donated by individuals via collection points in supem)arkets, schools. churthes, and other MMunity locations. We are incrlb1Y gratelul ihaL despite ongoing economic pressures. our doTrJrs have continued to support us. However, the cost-of-living crisis has understandably impacted donation levels. This year. we collected 61,649 kg of food and essential groceries, down from 68,600 kg the previous year, wlh an estimated value of £139,193. To make up the shortfall, the remainder was purchas al a cost of £88,205 to ensure adequate stock levels. While donations fomi a vital part of our operations our core costs continue to require significant financial support. These have been partially met through generous individual donations, online giving, and a range of grants from local authorities, txjsinesses, and charitable foundations. For the financial year 2025126, we have secured continued funding from Braintree District Council to maintain key *Tvices induding Food and More, our delniery seNice, and our Community Outreach Officer. Additionally, this lunding wll support a new Communty Outreach Assistant. the creation of a hardship fund, and help with stock purchases to meel ongoing needs. The Trustees remain deeply appreciative of the many indNiduals, community groups, and organisations who have made financial Contributions or provided grant support, enabling the Foodbank to rA)nlinue its vital work across the Brainlree area. Stsffing the Foodbank The Foodbank continues to benefft frorn the ServIS of our employees, Henry Hopkins our Charity Manager. Joe Currie our newly appointed Warehouse and Distribution Manager. along with Sarah Dynan. our Community Outreach Officer. Their hard work and dedication are at the core of the foodbank. Addtbonalty. the charity gains from the input of 155 volurrteers (iasl year 1491. working across the distribthion centres, offi, transport, and warehouse. These people, who gwe freely ol their time and effort, are also essential and cnjcial to the running of the foodbank Structure, Governance and Managemenl The Company is limited by guarantee and registered in England and Wales. The Company is affiliated to the Trussell Trust who provide support and advice for the establishment and running of foodbanks nationwide and who collect and disseminate statistics regarding the use of
Braintree Area Foodbank Limited foodbanks. The Trussell Trust has prescribed procedurgs and processes which apply to all foodbanks which are affiliated lo their neork. Volunteer Managers are appointed to oversee various areas of the operation of tho Foodbank including Transport and each Distribution Centre. Regulai meetings are held which are attended by the various Managers, plus the Directors, al which day lo day operational matters regarding the efficient running of the foodbank are discussed and agreed. Trustees ol the Charlty The Directors of the charitable company are its Twslees for ihe purpose of chartty law. They are elected by th6 charity's annual general meeting, according to the procedure sel out in Ihe Memorandum and Articles ot Association. Where there is a vacancy for the appointment ol a new TrusteelDireclor this is advised lo all company members and nominations are invited, with an emphasis on attrading applications from individuals with appropriate skills arKI Iraining, to complement our existing Iruslees. Thg trustees receive a h)cal induction along with Irailling courses provided by Community 360. The Trustees meet on a regular basis and are responsible for the overall management and the direction ol the Company. This year saw the departure of Lisa Margaret Scoll. Rosemary Joy Bailey and Graham Charles Paleman. We are exlr8mely grateful lor all that they have contributed over the years. Truslees. Rosponslbllitles The Trustees are sponSIble lor preparing the Trustees, Annual Report and the financial stalements in accordance wilh applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requiros the Trustees to prepare financial statements for each tinancial year, which gNe a true and lair view ol the stale of affairs ol the Company lor that period. In preparing these financial slalemenls, the Trustees are required to.. sel8Ct suitable accounting pollcles and apply them consistently. observe methods and principles in the Charities SORP IFRS 1021 make judgements and estlmates that are reasonable and prudent. slate whether applicable UK accounting standards have been followed, subject to any material departUS disclosed and explained in the financial statements. prepare the financial statements on a going concern basis unless il is inappropriale lo presum8 that the charitable company will continue in operation. The Trustee5 are also responsible for keeping adequate accounting records that disclose with reasonable accuracy at any lime the financial position of the charitable company and enable them to ensure that the financial slalements comply wlh the Companies Act 2006. They are also responsible for safeguarding the assets ol lh8 charitable company and hence lor the prevention and detection ol fraud and olhor irregularities. In the past year the Trustees have approved upjated policies and procedures covering the tollowing- Safeguarding Pollcy Volunteering IT and communications Policy Volunteer Expenses Policy Health and Safety Policy and Personal Health and Safety and Escalation Policy Equal Opportunities Policy Drfving Policy Problem solving Policy Risk register and Risk management Policy Thlrd Party Indemnlly Provlslons The Company maintains Dife¢lors and Officers insurance for the benefit of the TrusteeslDire¢tors.
Braintree Area Foodbank Limited Forward Plans In 25126 we plan to expand our Outreach Se further, with the addition of a Community Outreach Assistant. By increasing our capacity to support clients on a 1 to 1 basis, we hope lo help more clients become sell-sufficient and thus see a reduction in Focxybank usage. We will continue with dl currenl services and aim to secure funding to ntinUe thern into further years. Our Lwed Experience Project. mentioned in last years report, is talong shape and will hopefully provide us with stories of hcpe and crucialty feedback to support further projects. Investment Policy A PTudenl amount of cash is held with CAF Bank and an easy access building society account to meet expenditure as ri is needed. The remaining fvnds are held in one 1204ay variable rate acLount and four one year fixed rale bank bonds which will mature at periodic intervals and be available as required. Financial Review The Company achieved an overall surplus of ncome over expenditure lorthe year to enable it to continue lo build up a reseNe lund. Reserves Policy The Direclors have set an objective of maintaining cash reserves at the end of each linancial year to provide financial resources sufficient to cover six months expenditure which is estimated to be £203,766 in 2025-26. Our unrestricted reserve at the year eTrJed 31 St Marth 2025 is £355,276 and this obieclive has Iherefore been mel. Avatiible funds at the Balan Sheel dale amount to £296,086. Disclosure ol information to independent review We, the Directors of the company who held off ice at the dale of approval ol these finanaal statements as set out above eath confimi, so far as we are aware, that there is no relevant infoTmation of lCh the independent examiners are unaware- and we have taken all steps that we oughl lo have taken as Directors in order to make oursefves aware of any such relevant inlomiation and lo establish that the Company's independent examiner is aware of that intoation. In approving the Trustees. Annual Repor( we also approve the Strategic Report included therein in our capacity as Company Directors. The report has been ppared having taken advantage of the small companies. exemplion in the Companies Act 2006. On behalf of the board Trustee sonature Trustee signature Trustee Name Tnjstee Name Date Date
Braintree Area Foodbank Limited Independenl Examlner's Report to the Trustees ol Bralntree Area Foodbank Ltd I report to the charity Trustees on my examination of the accounts of the Company for the year ended 31 March 2025, which are set out on pages 8 to 20. Responslbllltleg and basls of report As the Charity TTuslees ol the Company land also ils directors for Ihe purposes ol company lawl you are responsible for the preparation ol the accounts in accordance with the requirem8rits of the Companies Acl 2006 {'the 2006 Acl'l. Having satisfied myself that the accounts ol the Company are not required lo be audited urKler Part 16 of the 2006 Ad and are eligible for independent examination, I report in SpeCt of my examination of your Gompany's accounts as carried out under Section 145 01 Ihe Charitles Act 2011 I'lhe 2011 Acl'l. In carrying out my examination I have folk)wed the directions given by the Charity Commission under Section 14515llbl ol Ihe 2011 Act. Independent Examlner's Statement Since the company's gross inCOTne exceeded £250,000 your examiner musl be a member of a body listed in section 145 of Ihe 2011 Act. I confirm that l am qualified to undertake the examination because l am a member ol Ihe Institute of Chartered Accountants in England and Wales, which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connection wth the examination giving me wse to believe that in any material r8SP8Ct- 11 accounting records were not kept in respect of the Company as r8quir8d by Section 386 of the 2006 Act., or 21 the accounts do not accord with those records., or 31 the accounts do not comply with Ihe accounting requirements of Section 396 01 the 2006 Act other than any requiremenl that the accounts give a 'tNe and fair view, which is not a matter considered as part of an independent examinalion., or 4) the accounts have not been prepared in accordance wth the methods and principles of the Stalefflent of Recommended Practic8 lor accounting and reporting by charities {applicable to charities preparing Iheir accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. I have no ¢oncerns and have come across no other matters In connection with the examination to which attention should be drawn in thls report in ordef to enable a pioper understanding of the accounts lo b8 reached. Signed k Pea&"Oh Mark Pearson FCA Lambert Chapman LLP 3 Warners Mill Silks Way Braintree CM7 3GB Date ioh pJfJVckn ioli
Braintree Area Foodbank Limited Statement of nancIal Activities (including summary Income and ExpenditUTe Account) Year Ended 3151 March 2025 2025 Restrlcted funds Revenue Capital 2024 Notes Unrestrfctsd Funds Total Total Income from: Grants and Donations Investment Income Gift Card donations and Gifts in Kind Profil on Disposal of Fixed Assets Food & Laundry rtems donated Fund Raising Activities 90.635 15,405 7,284 165,983 256.618 15.405 355,039 9,762 4.437 139,193 2,471 139,193 2,471 155.171 TotJ Income 25489 165983 420,972 524.409 Expendlture on Charitable actwities Food dislributed lo beneffryaries Support actiwties Fund raising activities Total Expenditure 76.916 67,301 144.217 129,809 140.113 48,195 88,205 228,318 51,430 235,832 41,246 3,235 265224 15506 3,235 423,965 406087 Net InMe/{EXpendIIUrel 110,2361 10,477 {32351 {2,993) 117,522 Transfers belween Funds (10,236} 10N77 13235) (2,993) 11722 Reconciliatton of fvnds Told Funds brought lomard 365.512 55,009 10.964 431,485 313.963 Tota Funds carried foTward 13 355276 65,486 428,492 431,485
Braintree Area Foodbank Limited 8alan¢¢ Sheet Year End8d 31 *1 March 2025 Note 2025 2024 Flxed Assgts Tangible Assets Unrestricted Funds Restrict1 Funds 7114 32,578 7,729 31,312 10,964 42.276 40,307 Current Ass9t8 Debtors Short term Invostmerrts Cash al bank and in hand Stock 7,403 263,781 118,218 9,028 250,837 131,883 8,479 397.881 399,212 CTedilors Amounts falling due within one year 10 388,185 10 003 389,209 Net Assets 428,4¥2 431,485 Charlty Funds 12,13 Unreslricled Funds Restricted Funds 355,276 73,215 365,512 65,973 Total Chartty Funds 428,492 431.485 The Company was entitled lo exemptk)n from audlt under Sectlon 477 of the Companles Act 2006 relating to small MpanIeS. The Members have not requlred the Company lo obtain an audit ol its financial slalements lor the year ended 31" March 2025 in accordance with Section 476 01 the Companies Act 2006. The Directors acknowledge their responsibilrty lor cornplying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts. These accounts have been prepar in accoTdance with the special provisions applicable lo companies subject to the small companies regime within Part 15 of ihe Companies Act 2006. The financial statements were approved and auihorised for issue by th8 Board on Signed by on8 trustee on kxhall of all Ihe trus18e$. Trustee signatur Dale of Approval Th8 notes on pages 10 to 20 form part of these financial slalements.
Braintree Area Foodbank Limited Notes to Flnan¢lal Ststements Year Ended 31 March 2025 Note 1) Summary ol slgnlllcant accounting policiés al General infomiation and basis of accounting Braintree Area Foodbank Lld is a company lirnite<l by guarantee registered in England. In ihe event of the Charity being wound up, the liability in respecl of the guarantee is limited to £10 per member of the charity. These accounts have en prepared under the histori¢d cost convenlion wtth ttems recognised at cost or transaclK)n value unless otherwise staled in the relevant note{s) to these accounts. The accounts have been ppared in accordani% with the Statement of Recommended Practice Accounling and Reporting of Charities preparing their accounts in accordance wilh the Financial Repong Standard applicable in the UK and Republic of Ireland {FRS102) issued on 16th July 2014 and with the Financial Reporting Standard aFplicable in the UK and Republic of Ireland IFRS 1021 and with the ChitIeS Acl 2011 The Charity constitutes a public nefit errtty as delined by FRS 102 (bl Going Q)ncern The financial statements are prepared on a going conrn basis under the histOriQ31 cost convention as the reserves held and the funding agreed for the next financial year gives financial stability. The financial slalements are presented in sterling whith is the functioning curreJw of the Charty rounded to the nearest £1. Ic) Accounting Poliaes The accounts present a true and fair wew and no changes have been made to the accounting policies adopted in note la. Id) Changes to accounting estimates No changes to accounting estimates have occurred in the reFQrting period {3.44 FRS102 SORP) Note 2) Accounting Policies 2.1 Income Reccgnition of Income These are included in the Statement of Financial Actwtties (SOFA) when: the charity becomes entitled to the resources. r( is more likety than not that the trustees will re1ve the resources,. the monetary value can be measured with sufficient reliability. It is impractical to assess the fair value of food donated for distribution to the benefiaaries ol the Foodbank at receipt as the cost ol such valuation would outweKJh the benefrts. The value has therefore been assessed and ihe donation regnisl as a component of donations when distributed and an equwalent amount recognised as charilable expenditure. 10
Braintree Area Foodbank Limited The valuation is calculated on the number and weight ol boxes distributed during the year, based on the usual conlents included. costed at supermarket own goods prices. lal Offsetting There has en no offsetting of assets and liabilities, or income arKI expenses, unless requir or pernilled by the FRS 102 SORP or FRS 102. Ibl Grants and donations These are only Included in the SOFA when the general income recognitlon criteria are met15.10 to 5.12 FRS 102 SORPI Icl Tax reclaims on donallons and glfts Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of Ihat gill and is Irealed as an addition lo the sarne fund as the initial donation unless the donor or the terms ol the appeal have specified otherwise. Idl Other donated goods and servi¢8S other donated goods ar8 measured at fair value Ilhe amount for whlch the asset eoukl be exchanged) unless impracticable lo do so. The cost of thes0 stocks donated for dislribulion to beneficiaries is deemed to be the lair value of thoso gifts al the time of thelr receipt and they are recognised on reipt. In the reporting period in which the stocks are distributed they are recngnised as an expense at the caTrying amount of the stocks at distribution. Grfts in kind for use by the charity are included In the SOFA as income from donations when receivable. Donated services are Included in the SOFA when received al the value of the gift to the charity provided the value of the gift can be measured reliably. Donated services that are consumed imm8dialely are recognised as income with an equivalenl amount recognised as an expense under the appropriale heading ol the SOFA. lel Investsnenl income The charity receives income from short term investments. This is recognised when received. If) Volunteer help The value of voluntary help received is not Included in the accounts but is described In the TTUStees' annual report. 2.2 Expendlturo and Llabllities lal Liability recognition Liabilities are recognis8d where il is more likely Ihan nol that there is a legal or constructive obligation committing the charity to pay out resouTces and the amount ol the obligation can be measured with reasonable certainty. Ibl Goveman¢e and support costs Support costs have been allocated between govemance cost and olh8r support. &)vemance costs comprises all costs Involving public accounlabilily of the Charity and ils compliance with regulatlon and good practise.
Braintree Area Foodbank Limited Ic} Redundancy cost The Charity has made no redundancy payments during the porting period. {dl Deferred income No material item of deferred income has been included in the accnunts. (e} Creditors The Charity has creditors thich are measured at settlement arnounts. (fj Piovisions for liabilities A liability is measured on recognition at its historic cosl and then subsequenlly measured at the best estimate of the amount required to settle the obligation at the reporting date. (gl Charitable ac%Nity haritable expenditure comprises those costs incurred by the Charity in the delivery ot its actwities and seNices for its beneficiaries. It includes both costs thal ran be lOCated directly to such activities and Ihose costs that can be allocated directly to such activities and those (x)sts of an indire¢t nabjre ne$sary to supportthem. (h) Raising funds These are ujsts incurred in attracting voluntary income arhj those incurred in trading activities Ihat raise funds. (Il Cost of food distribution These costs are directly related io the donation of food received by Ihe Charity and is realised when distributed to beneficiaries. 2.3 Ass$ la}Tangible fixed assets for use by the Charity Indivvjual tixed assets costing £500 or more are initially recorded at cost, les5 any subsequent accumulated deprectation and subsequent accumulated impairment losses. Depreciation is provided on tangible fix&J assets so as to write off the st or valuation. less any estirnated residual vJue, over their expected useful economic lrfe as follows: Asset Class Plant, machinery arKI motor vehides Furniture, frttings and equipment Depreciation method and rale Straight line over 9 years Straight line over 5 years Ibl Debtors Deblors are rneasured on inf(ial r8cognition at setuement amounl. Subsequently. Ihey are measured at the cash or other consideration expected to be received. (cl Current asset investments The charity has cash held on deposit with a maturity of less than one year which are held for investment purposes. They are valued at fair value. 12
Braintree Area Foodbank Limited Nots 3) Income 2025 Reslrl¢tod 165,983 2024 Total 173,251 24,999 156,789 15S,171 4,437 Unrestrlcled Total 165,983 3,446 87,190 139,193 Donatlons Specific Donations and Gifts Gift Gener Donations Food donations Other donated goods and serwces 3,446 87,190 139,193 7,284 7,284 237,113 165,983 403,096 514.647 Charllablo Fund raising aclvities 2,471 2,471 Olhèr Investment InGom9 15,405 15AOS 9,762 TOTAL INCOME 254.989 165,983 420,972 524.409 Al Income in the prior year was unrestricted except for Speryfic Donations of £173,311 Note 4) Donated goods and $grvlcg8 Food & laundry items donated Gift card donations and gifts in kind IT sofvare data Iransler Supemarket Gift cards 2025 139,193 7,284 2024 155.171 4,437 146,478 159,608 Accountlng policies for donated goods and seNlces are described above. Nole ¥ Expendilure on charitable acllvltles 2025 2024 UnMJtrfct8d Restrlet•d Total Tal Expenge on ral$ing fund8 Staging fundraising events Advertising, marketing, direct mall and publicity
Braintree Area Foodbank Limited Expenditure on ¢haritable activities Unrestricted Restrirted 202S Total 2024 Total Van running cost Warehouse costslincluding Warehouse supemsor salary, rental and seNice charges) Donated Fgod & Laundry items distnbuted Purthased food & Laundry items distnbuted Activities undertaken Community Support costs Delivery SeNice costs New distribution centre reffiJrbishment Contrityjtion to (sts at Church distributrjn ¢entres Items distributed to other Charities Depreciation of tangible fixed assets Donations made to chuiches 3,586 2.892 6,478 5,093 37.005 23,588 60%3 33.980 139,193 920 139,193 89,125 155,1n 80.661 21.804 88,205 16 21.306 21,322 10,872 19,671 10,872 4,441 32,564 8,575 7,744 19,515 6,046 16,000 213,794 3235 9.281 16,000 372.535 15Q741 365.641 Support costs Administrative and office C£¢Sts 49A93 49N93 38,955 Governance costs: ICO fees Independent Examiner Fee Depreciation ol tangible frAed assets 35 1.902 1,902 366 51 N30 51 N30 41246 Total Expenditure 265224 158.741 423,965 406087 Note 6) Details of certaln types of expenditure Staff costs 2025 2tr24 Sdaries and wages Social security costs Pension costs (defined contribution pension plan) Other employee benefits Total staff costs 73,734 1,559 1,666 56,634 1,216 76959 2025 S750 2024 Amount pald to key management personnel 33,801 32,935 14
AreJ Braintree Area Foodbank Limited Average head count lor the year (VITEI 2025 2024 The parts ol the eharlty In whl¢h the employee$ work Charltable Actlvltles Total No employee received emoluments ol more than £60,000 in the year Deflned Contrlb4rt1on Pen51on Schemg 2025 2024 Amount of contrlbutlons recognlsed In the SOFA as 8n expense 1.666 1,216 Pension costs relate to an employee worng on the charity aclivilios Reslricted Funds Unrestrlcted Funds apFX)rboned on the basis of the salary costs covered by the grants obtalned 238 Note 7) Tanglble tlxed assets Plant, machlnery and rnotOT vehlcle8 Flxtures, flttlngs and equlpment Totsl la) Cost or valuatlon At the beginning ol the year Additions Revalvations Disposals Transfers 47.695 34,669 7,312 82P64 7,312 At end ol the year (b) Deproclatlon and Impalrments At beginning of the year DisF)osals Depreciation of revalued item Depreciation At end ol the year 47,695 41,981 89,676 15.165 24.923 40,088 5,299 20,464 3,982 28,905 9,281 49,369 (c) Net book valuo Nel book value at l$t l)Til 2024 Nel book valu9 at 318t March 2025 32,530 27,231 9,746 13.076 42.276 40,307
Braintree Area Foodbank Limited Note 8) Stock Gift Cards and Gifts in Kind for distribution Charitable activibes." Opening Added in period Expensed in period Closing 7,464 7,285 {6270) 8,479 Nthe 9) Analysis ol debtors 2025 2024 Trade debtors Prepayments and accrued income Other debtors {Gfft Aid & GASDSI Total 5,774 1,629 7,403 2,497 6,531 9,028 Note 10) CreditOTS arKI accruals - amounls falling due within one year 2025 2024 Accruals and deferred income Accounts Payable Taxatn, social security and pension Total 1,902 7,794 6,927 3,076 10,003 9,696 Note 11) Cash at bank and in hand 2025 2024 Short term cash investrnents (less than 3 months malurity datel Short term deposits Cash at bank and on hand 263,781 118,218 381.999 250,837 131,883 382,720 Cash at bank and in hand includes £59,667 held in a Bullding Society acUnt paying interest
PAalrtt¢È Braintree Area Foodbank Limited Nots 12) Charlty Funds Detalls of materlal lundg held and movements durlng the reportlng perlod to 31st March 2025 Fund b*lance$ brought forward Fund balances carry foThYard Fund name$ Purpose and Restrlctlons Income Expendllure Van replacement Fund Rest. Caixtal puhas0 ol van 5,917 1,973 Catal purchases lor 6 Market Street and Communty Office Braintree District Council Cost of Llving Fund Rest. 5.047 1,262 3,785 Braintree Dislrit Counal Cost of ng Fund 6 Market Street refurbishTll8nt and dg1Th19ry service R8St. 48,322 43,046 5,276 FOCKI Purchases BDC - Lived experience project. lorxl and loilelries, tablets & Mi-Fi units Cubico Suslainat4e Investments R8sI. Food Purchase8 6,687 6,687 Rgsl. Food Purchases 88,900 86,155 2,745 Rest. Food Purchases 8.000 2.500 5,000 10,000 51,583 8.000 2,500 EALC Food Rest. Rest. Rest. Rest. Food Purchases Fo(Kl Purchases Warehous8 GAB Advlsor EALC Purchases EALC Warehouse Trussell CAB 5,000 10,000 30,278 21,305 Van Fund Unrest. Capilal purchase ol second van 26,613 26,613 Ggneral funds Unrest. 338,899 254,989 265.224 328,663 Totsl Funds as per balance sh09t 431 A85 420.972 423.965 428,492
Braintree Area Foodbank Limited Note 12) Charity Funds Details of material funds held and movements during the reporting period to 31 March 2024 Fund balances brought tolward Fund balances ca forward Fund name5 Income Type Purpose and Restrictions Expendire Van pl¢ement Fur Restricted C8pit3J purchase ol van C8pitd purchase of CCTV lor warehouse EmF4oyment costs 7,890 1,973 5,917 CCTV Fund Restrict&J 284 Project Manager Restricted 1,216 1,216 Purchases lor dierts Including delweries to other Foodbanks Restricted Purchases lor clients 33,281 33.281 Caprtat purchase5 ltsr 6 Market Street and Community 8raintree District Counc41 Cost of Living Fund Restrict&J 6,309 1,262 5,047 6 Mart(et Street iefurbishmenl and delivery service Braintree Distrit Counc41 Cost of Living Fund Restrict8d 92,642 44,320 48.322 Food Purchases Restricted F¢d Purchases 14,320 7.&33 6.687 Food & tr)ilelries purchases Comtnunity Organisalions Cost ol ving FurKI Restricted Food & toiletries purchases Food. toiletries & ChaTity Manager ¢x)sts 5,000 5.QX)O Restri¢ted 55.000 55,WO Fuel Purchase Restricted Fuel 40 Van FuThJ UnstriCted Capltd purchase of second van 29,940 3.327 26.613 Other fuThJs {bancing figure) Unrestricted 271,312 321.158 253,571 338.899 Total Funds as per balance sheet 313,963 40i887 431.485 18
Bralrttrgé Braintree Area Foodbank Limited Note 13) Fund Reconclllatlon Balanco 1 st Aprll 2024 Income Expendlture Balance 31$t March 2025 Unr¢$trict•d Fund 365&12 254,989 265,224 355276 Restrlcted Fund Revenue Capital 55,009 10,964 65,973 165,983 155,506 3,235 158.741 65,486 7,729 73215 165,983 Unrestrlcted Fund.. This is available lor use al the discretion of the Trustees In the furtherance of the general objectives of the Charity and whlch have not been dgsignated for other purposes. Restr]¢led Funds: The50 are funds which are to be used In accordance with the spe¢lli¢ TostriclDns imposed by donors or which have been raised by th& Charity lor particular purrx)ses. The aim and use of the restricted funds are set out in the notes to the financial slalements. Notg 14) Analysls ol ngt as89t8 bglween lundg 2025 Unrestrlctgd Restrlctgd Total funds Tangible Fixed Assets 32578 7,729 40,307 Current Assets Current Liabilitie5 332,394 19,6961 65,486 397,880 19,6961 Total Net Asset5 355.276 73,215 428,492 Unrestrlcted Restrlctgd Total IurKIs Tangible Fixed Assets 31,312 10,964 42.276 Current Assets Current Liabilities 344.203 110,0031 55,009 399,212 {10,0031 Totsl Net Assets 365,512 65973 431A85
Braintree Area Foodbank Limited Note 15) Transactions whh trustees and related parties In the period the charity has not pwd any Irustee remuneratlon and beneffts. Trustees. expenses 2025 2024 Expenses reimbursed 170 Trnnsaction{s) with Telated parties Three Tnjstees have roles within Churches where ihts Foodbank operates distribution Centres. One Trustee is a parent of an employee The Trustees declare a conflict of inlerest when any related discussion takes pla and step out of the meetings where any connected issues are considered. 20