MERTHYR CYN0 FOODBANK Regi$t¢red Cbarity 1149296 REPORfthD FINANCL4L STA TEMEIVTS PERIOD ENDED.. 311SEPTEMBER 2025 CONTENTS.. Page Legal andAdminiftrattve lAforntion 24 Trusiees'ApvwalReport Ipthpenden¢ EYaminer'sReport Recapts ondPaymentsAecount Statemeni ofAssets andLiabtlittes
MERTHYR CYNON FOODBANK LEGAL ANDADMINISTK4TIVEINFOKVA TIO. STATUS The organisation w&s formed and 8r4uted charitsble slatys on i ith October 2012 (chan'ty number 1149296). Th¢ cithrity is governed by its constitirtion which was adoptcd on 30th July 2011. TRUSTEES Th¢ board members seryitig during the year and sincc the year end w¢re as follows: K Mason- resigned 291] S¢ptember 2025 M Linford-resigtted 12th May 2025 S Dorricott A Davis- appointed 181h May 20?5 Rev PD Godsall {Chair}- app)inted 18 May 2025 AG Anthony- appointed 18th May 2025 C Bree2e- appoint¢d 18th May 2025 P Poloha- appointed l 8th May 2025 SE Davies- appointed 18th May 2025 PRINCIPAL ADDRESS 30 W¢st Grove Merthyr CF47 8HJ INI)EPENDENT EXAMJF4ER Richard Knoyl¢ ACA FCCA Baker KnDyl¢ Awountan¢y Lin)ited Orbit B1¢$5 Centre Rhydy¢ar Business Pa Merthyr Tydf CF48 IDL BAP*KERS HSBC 127-128 Higb Str¢et merth Tydfil CF47 8DN Page I
MBRTHYR CYNON FOODBANK TRUSTEES. AV2WAL REPOR T The trust¢es pr¢8¢nt th¢ir rqJ¢)rt together with the fillancial statem¢nts of the chlty for the year ended 30tb September 2¢f25. Lcsat adtDinislr&tiv¢ tnfonnalion set out on page I fonD8 part of thts rewrL AIMS OWEcfivES OF THK CHARITY oses alld aims The Charity's objects Sp¢¢ifi]Y to relieve th08e in need by reasott of youth, ag¢. ill health, disability and financial hardship iti th¢ MerthyT 4Dd Clon Valley aro althou8b this area tuay be extended to the adjoining communities if uec¢s8&ry. To achieve this, vt¢ colJabord¢esrith Local Authorities. other statytory 8¢ryices, voluntary or8anis&tions And faitb- based organisati(s. In furtb¢rau¢¢ of tbe above, to supptyboxes to beneficiarles. eithcr dirllY or through agency ptllers approved by th¢ Trustees, sucbboxes to coatsin tinned andnon-perislthle fo(th to enswe ahealthy, balanced and nutritious diet for a miniTruTn of three dayy andup to seven days. The Charity is also willing to undertake any other acttvitics consistent with the primary pUOs¢ of the ¢hartty including, but not liniited to, the provision of e4)UTJ*llillg and adYi80ry services via referral agencies. partllers sigllposted by our volunteers. Ensurin our work delivers its aims We are continually reviewing OUT aiItis, obj¢¢tiv¢s and activities to eDsure that wc provid¢ the ]naxiTnum beoefits possible to all of ow c]ients. We are always prepaTed to consider the provision of llew seryices if we feel that they will improve the wevare of our ¢lien In settillg ouraim$ alld obje¢tivey.w¢ haveTefeTredto theBuidattceeontaincd illth¢Ch2tityCouuriwion's general guidance on pllbli¢ b¢n¢fit. In particu]ar, the trustees cotisidec how planncd activities will contribute to the ain and objectives tbey hav¢ seL HOW OUR AcrIvrriEs DELIVER PUBLIC BENEFrr The Trytee5 ar¢ awaTe that the Charity bas & respoDsibihty und¢r the Charities Aet to demollstrate that it h&8 haritabl¢ aims that meet the public benefit requirement aDd are therefore cbaritable. The TNstee8 eonfirm that they have had regard to the Charity Conhmission's guidance public benefit and comply S17 ChArities A¢t 2011 when considering, plamning aT]d impl¢enti8 tb¢ artivities of the charity. As Tnte¢S, we b¢li¢v¢ that the aims of our organisation are clwAtabl¢ foT th¢ public bettefiL ACHIEVEMEI¥TS AND PERFORMANC The year to 30 SeptetTrber 2W25 has beerA a very busy one. Again, mor¢ alld mor¢ people are falling into poverty, due mainly to higb infiation, rising prices of eSStial$ and the high¢r cost of energy experienced over the pttiod. We w¢r¢ fortunate to see the compassion alld 5uppon of our communities in the Merthyr and Cvtion vall¢y atr&8 and grateful for outstandin8 8enero5ity of the local authoritie5, businesses and public supp)rting tIL¢ir local food bank. The Foodbank continue8 to b¢ in a financially strong positiotL Local busiti¢sw, local authoritics, local churches and It1vIdual$ hav¢ been most generous. Page 2
MERTHYR CYNON FOODBANK The charity a 1[ tinLe Fo(>dbaDk C(Fordillator. part time Warehous¢ Assistant and a well-egtttblishea administration teajll so it ts ihe of the charity to contillue to us¢ this foundation to expand and continue the charity aclivities and alleviate social dq>riVatiO Ihwing the year 46 tolln¢s of food h05 been collected and 47 tQllll¢S distributed to a tothl 7159 beneficille$. To date we have eoll¢¢t¢d in ¢AsS of 540 tonnes of food alld distribwted in excess of 535 tonnes to a tytai of 68581 beneficiaries as ai 30th September 2025. The donated food supplies given to the charity are esy¢nti8] to the running of the core a¢tivity of the charity and the Trugtees wollld like to express their thath to indtvithjal aDJ org8nisaiioD who hAV¢ m&de food and money contributiOn$. The Trustees camnot put a vakne on th¢ totsl dollated food supplies and as such h8ve not included aTLy amounts in fll)cIal st&teMeft. FILSAfiCIAL REVIEW The charity has been sllcee58th1 in securing fijnding overth¢ l&st 12 months. The cbarity received total fLwding of £69,686 in 2025 compared with £91,703 iti the year to 30 September 2024. It is the atm of the charity to coniinually souree additional fvnding and will aim to lticre fi]nding levels over the next 12 montbs. A ¢asb deficit of £32.426 was itieurr in the year. (2024.. Defi¢it £13.616). It is the aim of the ¢IrIty through ¢ar¢ful business mattagement and budgcting by the trustee5. and th¢ ongoing generosiry of the pUb"c, to Continue to be able to build up r¢serve8 of the OrgaoltiOll. At the 30 Sept¢Uth 2025 the Foodbanklwl £98.023 in the bank Princi l Fundin Sources Aside fro th¢ incorne generated by lo ¢hurth and dolonS. durAng the year to S¢pt¢mb¢r 2025, the main fwuLing 8ouw¢s can be found oll the Receipts and P&ynMitAccount with the FitixDcial Stst¢m¢nt& es Polic Upon reviewing the reSceS policy, thetrustee5 decid to maintsin afinancial reservc, approximately equivalent to the nornial, predictable outgoing5 Of 2 years. Ln 2025 is approximately £150.000. The Chlty ojrrendy has free reserves of £93,686 which is short of thi5 wget. The trusttts are awar¢ of this situation and il is their aim to Incre free reserves in fUts¢ yurs. The reserves policy does also h(Trw¢v¢r, have a caveaL that if a pre$siti8 financial lleed ariges Withiti thc ¢lwity, and the charity the ability lo meet this out of the reserw4 th¢n ttLi3 should be done, ill accordanee with th¢ aims and objecuves of the ebarity. STRUCTURE, GOVERNANCE AND MNAGEMENT Risk review The twgt¢cg bav¢ conducted a review of tbe m&jor risk8 to which the cbarity is exposed. Wb¢r¢ appropri&te. syst¢m$ or procedures have been establish¢d to mitigaie ihe risks the chlty faces. IDt¢rnaI ntrol risks are miIiiiDised by procedures of authorisation of transactions and projects. PEolur¢S are in place lo ensure compliance with health and saf¢ty of staff, volunteers and clients. At present, tb¢ tnte¢S have identified that thebiggest risk that th¢ organisation faces is due to the loss of illc(KThe from vlouS fimders and from dOnlonS from meMbS of the public. Steps b&ve already taken place to streamline the expendityre of the charity, v4ith Jo adverse effects on the n¢eds of ouru8. 1116 essential to the contitiuing fllwicial bea]th of the orgatii8atioD thAt 8ny'lost' fiaS are able to be replaced by income from Others0¢£6. Th¢ TnteeS are ¢ontiou8lly itiv¢stigatillg oth¢r means of raising income. anisation The method of app)iDtm¢nt of tnTStees is set out in the ¢onstithtion dated 30th Yy 2011. There are cwr¢ndy Sev trust¢e5 involved in the OTgallIsatio as listed on pa8e 2. Pw3
MERTHYR CYNON FOODBANK PLANS FOR FUTURE PERIODS We are continually investigating potential new sources of income. We are also continually trying to identsfy any new services, consisteni with the pritnary piirpose of the charity thai tnay b¢ of benefit to ihe public in the Cout]ty Borough of Merthyi Tydfil at]d Cynon Valley areas. Approv¢d by order of the board of trustees. Sign¢d on behalf of the board.. C. Breeze- Trustee Page 4
MERTHYR CYNON FOODBANK Independent £Yaminer's report the Trusiees of Merthyr Cynon Foodbunk I r¢port on the accouDiS of ihe Charity for the year ended 30 September 2025, which are set out on pages 6 and 7. Responsibilities basis of report As tlie charity's trustees you are responsible for the preparation of the accounts in accordance with the requiTements of the Charities Act 2011 I'the Act'l. I report in respect of my examination of the charity's accounts carried our under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Chariiy Conjmission under section 14515)Ib) of the Act. Independenl &rAler,5 slaiement I have completed my exarnination. I confimi that no material matiers have come to my attention in conneetion with the examination giving tne cause to beli¢ve that in any material respect.. accounting records were not kept in respect of the charity as required by $c¢tion 130 of the Aci; or the accounts do noi accord with th05e recoTd5. the accounis do noi comply with the applicable requirem¢nts concerning the form and conient of accounts set out in the Charities (Accounis and Reports) Regulatl0115 2008 other thall any rcquirement that the accounts give a true and fair view which is not a matter cons2dered a5 part of 2n ind¢p¢nd¢nt examination. I have no concerns and hav¢ come across no other matters in ctsnnection with the exaTnination to which attention should be drawn in this report on ord¢T to enable a proper understanding of the accoullts to be reached. Richard Knoyle A FCCA Baker Knoyle Acco ntancy Limited RG19 Orbit Business Centre RhydycaT Business Park M¢rthyr Tydfil, CF48 1 DL. Date....... Pag¢ 5
MERTHTrTr CfNON FCQDBANK Charity Nwuber. 1149296 Receipts and Pa)rynents Account for the ye8r ended 30th SEPteMb 2025 Unttstrltt¢d X¢strlt(¢d Totals 2025 Tot918 2024 Recelpts M¢rtbyr V&ll¢yHomes VAMT Chariti¢8 Aid Foundation Rhonddtt CynoTr Taf Couttty Borou8b Coth*il Merthyr Tydfil Cryjllty Borou8h cm¢i1 Rental Income Dotsations from Losal Chur¢h¢8 Monthly Church DonatioJJs Private DollatiOL8 & FunthHising 4.996 io.Th)o 10293 iO,WM) 10293 6,984 1.882 io,( 10.148 7,020 2,522 1.850 48,167 6984 1,882 40J27 40,527 Total RÈ¢elpts 49,393 20293 69,686 91,703 PAyments Wages & Pensiolls 63.803 1.5(KJ 4.847 63,803 1.500 4.847 19338 58.603 Warehouse Expenses Fwd$tuff Pr¢hS Equipment PLJrchased ChYisti2tt C¢lltre R¢nt & OtherPayments 8.713 23,600 19.338 8,100 4.524 8,100 4,524 8,902 3.453 Total P4yDwits 82,774 19.338 102,1 L2 105,319 N¢t of Recelpts 133,381} 955 (32,42 13,616) TrfyD&fers betYlet fllttds C4$h fuDd$ brouEht fonyard Cash fund5 thAs period end 127,067 3,382 4.337 130,449 9&023 144,065 13DA49
MERTHYR CYNON FOODBANK ChBrity NuTnbei.' 1149296 Statement of Assets and Liabilities for Ihe year ¢lld¢d 30th S¢ptetnber 2Q25 Uttrt$trlcted Furtd5 Restricted Funds Tota15 2025 Tota15 2024 Cgh Funds Cash al bonk Casb tw)d 93,386 300 4.337 97.723 300 130,149 300 Total Cash Funds 93,686 4J37 98,023 130.449 Other molletry i$8ets Other debtors Prepayments SivEk Total monetary assets 149 459 16,756 17 J64 149 459 16.756 17,364 720 473 16,756 17.949 Liabilitie5 Accruals 810 810 810 810 849 849 Assets retained for the chirlty5 Owll Restricted Funds 2025 RestrÉcted Fllnds 2024 Cost Current Value Co$t Current Value Moitjr vehicle Property 18.895 469 2,049 473.504 475.$53 18,895 469 19J64 2.731 473,504 476,235 19.364 C. Breeze Dated: Page 7