| Index | ||||
|---|---|---|---|---|
| Page | 2 | Charity information | ||
| Page | 3-14 | Report ofthe | Trustees | |
| Page | 15 | Independent | Examiners | report |
| Page | 16 | Statement of | Financial | Activities |
| Page | 17 | Balance Sheet | ||
| Pages | 18 - 25 | Notes to Accounts |
| Reference | and Administrative | and Administrative | and Administrative | Information | |||||
|---|---|---|---|---|---|---|---|---|---|
| Charity Name: | Wolverhampton | Foodbank | Ltd-Operating | as THE WELL | |||||
| Charity registration | number: | 1149434 | |||||||
| Company | Number | 07962969 | |||||||
| Operational | Address: | Unit 16, | |||||||
| Wulfrun Trading Estate, |
|||||||||
| Stafford Road, | |||||||||
| Wolverhampton, | |||||||||
| WV10 6HH | |||||||||
| Trustees: | Mr James Ashfield | (Chair from 8'" December 2020) | |||||||
| Mrs Catherine Price |
|||||||||
| Mrs Yvonne Ramsey | (from | July 2019) | |||||||
| Mr Jeremy Watson | (until 29'" September | 2021) | |||||||
| Mrs Caroline Price |
(until 7~ February 2021) | ||||||||
| Mr Gary Price (until | 7" February 2021) | ||||||||
| Secretary/Treasurer: | Mrs Caroline Price | ||||||||
| Project Leaders: | Mr Gary Price | ||||||||
| Mrs Caroline Price | |||||||||
| Independent | Examiner | G P Brookes FCA | FCIE BSc | ||||||
| Chartered Accountant |
|||||||||
| 130Wombourne | Park | ||||||||
| Wombourne | |||||||||
| WV9 SHB | |||||||||
| Bank: | HSBC | ||||||||
| PO Box33 | |||||||||
| 9 Queen Square | |||||||||
| Wolverhampton | |||||||||
| WV1 1TE |
| 2021 | 2020 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||||
| Notes | f | f | |||||||
| Income | |||||||||
| Voluntary | Income | 2 | 164,922 | 41,495 | 206,417 | 173,446 | |||
| Investment | Income | 43 | |||||||
| Total | Income | 164,922 | 41,495 | 206,417 | 173,489 | ||||
| Expenses | |||||||||
| Charitable | activities | 113,453 | 52,649 | 166,102 | 95,507 | ||||
| Total | Expenses | 113,453 | 52,649 | 166,102 | 95,507 | ||||
| Net income | 51,469 | (11,154) | 40,315 | 77,982 | |||||
| Reconciliation | of Funds | ||||||||
| Total funds | brought | forward | (1,396) | 75,824 | 74,428 | (3,554) | |||
| Total funds | carried | forward | 50,073 | 64,670 | 114,743 | 74,428 |
| Balance Shee | Balance Shee | t | t | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Asat31March | 2021 | |||||||||
| Company number 7962969 | 2021 | 2020 | ||||||||
| Notes | ||||||||||
| 6 | 6 | |||||||||
| Fixed assets | ||||||||||
| Tangible assets | 12,670 | 11,717 | ||||||||
| Current assets | ||||||||||
| Debtors | 8 | 5,725 | 2,008 | |||||||
| Cash at bank and in hand | 98,924 | 71,465 | ||||||||
| Total | current assets | 73,473 | ||||||||
| Creditors: amounts | falling due within | one year | 9 | (2,576) | (10,762) | |||||
| Net | current assets | 102,073 | 62,711 | |||||||
| 114,743 | 74,428 | |||||||||
| Funds ofthe | Charity | 10 | ||||||||
| Restricted | Funds | 64,670 | 75,824 | |||||||
| Unrestricted | funds | 50,073 | (1,396) | |||||||
| Total funds | 114,743 | 74,428 |
| Unrestricted | Restricted | 2021 | 2020 | |||
|---|---|---|---|---|---|---|
| Analysis | f | f | 6 | f | ||
| Voluntary income |
||||||
| Donations and Gifts under |
61,000 | 123,022 | 123,022 | 65,744 | ||
| Martin Lewis |
12,000 | 12,000 | ||||
| Wolves Supporters | 9,616 | 9,616 | ||||
| KW | 7,200 | 7,200 | ||||
| One Citv Fund | 5,555 | 5,555 | ||||
| Winter Funding | 5,516 | 5,516 | ||||
| Eveson Charitable Trust |
5,000 | 5,000 | ||||
| United Charities Bushburv |
4,000 | 4,000 | ||||
| Staffordshire Provincial |
Grand Lodge | 3,750 | 3,750 | |||
| Grantham Yorke Trust |
2,000 | 1,500 | 3,500 | |||
| Pallet Specific | 3,191 | 3,191 | 2,120 | |||
| Unison Wolverhampton | Branch | 2,500 | 2,500 | |||
| Wolverhampton Grammat |
School | 2,368 | 2,368 | |||
| Severn Trent Water | 2,000 | 2,000 | ||||
| Penn Christian Centre |
1,623 | 1,623 | ||||
| Toiletry | 1,533 | 1,533 | ||||
| Cargill PLC |
1,500 | 1,500 | ||||
| St Mary's Parish Church | 1,236 | 1,236 | ||||
| Specific Gift | 100,000 | |||||
| Gift Aid Tax recovered | 11,307 | 11,307 | 4,192 | |||
| Nationwide | 899 | |||||
| Grant The Haven | 491 | |||||
| Total | 164,922 | 41,495 | 206,417 | 173,446 |
| 3. Expenses | |||||||
|---|---|---|---|---|---|---|---|
| 2021 | 2020 | ||||||
| Charitable activities |
f | f | |||||
| Direct Costs | |||||||
| Salary costs | 49,150 | 31,329 | |||||
| Food etc.for distribution | 18,882 | 4,235 | |||||
| Premises costs | 37,245 | 27,724 | |||||
| Transport costs |
9,574 | 7,901 | |||||
| Small equipment | 5,604 | 5,779 | |||||
| Support costs | |||||||
| Printing 8 stationery | 4,561 | 1,630 | |||||
| Database | 1,645 | ||||||
| Gifts and tithes | 17,388 | 5,645 | |||||
| Computer costs |
6,205 | 1,077 | |||||
| Communication | costs | 5,172 | 2,273 | ||||
| Insurance | 692 | 1,644 | |||||
| Subscriptions and licences |
1,063 | 563 | |||||
| Depreciation | 5,973 | 4,221 | |||||
| Loss on disposal | ofasset | 475 | |||||
| General expenses | 860 | 473 | |||||
| Statutory Accounts |
preparation | and Independent | Examination | 1,600 | 1,000 | ||
| Miscellaneous Governance |
Costs | 13 | 13 | ||||
| Total | 166,102 | 95,507 |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| This is stated | after charging: | E | E | ||||
| Independent | examiner's | fees | 1,000 | 1,000 | |||
| Depreciation | 5,973 | 4,221 | |||||
| 6.Salaries and employment | |||||||
| Gross wages, | salaries and | benefits | in kind | 31,872 | 28,632 | ||
| Employer's Pension costs |
1,086 | 2,697 | |||||
| Employers National Insurance |
1,179 | ||||||
| Agency staff | 15,013 | ||||||
| Total | staff costs | 49,150 | 31,329 | ||||
| Number | Number | ||||||
| Average number offull time equivalent |
employees | in the year | |||||
| Operational | staff |
| 7.Tangible fi | xed assets | |||||
|---|---|---|---|---|---|---|
| Motor | Warehouse | 2020 | ||||
| Vehicle | Equipment | |||||
| Cost | f | f | f | |||
| Cost brought | forward | 16,888 | 16,888 | |||
| Additions | 7,401 | 7,401 | ||||
| Disposa ls | (1,900) | (1,900) | ||||
| Balance carried forward | 14,988 | 7,401 | 22,389 | |||
| Accumulated | depreciation | |||||
| Basis 25%SL | ||||||
| f | f | |||||
| Accumulated | Depreciation | brought | forward | 5,171 | 5,171 | |
| Depreciation | charge for year | 4,221 | 1,752 | 5,973 | ||
| On disposals | (1,425) | (1,425) | ||||
| Balance carried forward | 7,967 | 1,752 | 9,719 | |||
| Net book value | ||||||
| Brought forward | 11,717 | 11,717 | ||||
| Carried forward | 7,021 | 5,649 | 12,670 |
| Analysis ofdebt | ors | Amounts falling due |
within |
|---|---|---|---|
| one year | |||
| 2021 | 2020 | ||
| f | f | ||
| Other debtors | 1,500 | 1,000 | |
| Gift Aid Tax due | 4,225 | 1,008 | |
| Total | 5,725 | 2,008 | |
| 9.Creditors and | accruals | ||
| Analysis ofcreditors | Amounts falling due |
within | |
| one year | |||
| 2021 | 20 20 |
||
| f | f | ||
| Salary creditor | 9,762 | ||
| Accruals | 1,500 | 1,000 | |
| Sundry Creditors | 1,076 | ||
| Total | 2,576 | 10,762 |
| 10.Fund Movements | 10.Fund Movements | Opening Balance |
Income | Expenditure | Transfer | Closing balance |
|---|---|---|---|---|---|---|
| E | E | E | E | |||
| Restricted | ||||||
| Capital | ||||||
| Specific donation | 11,242 | 5,973 | 7,401 | 12,670 | ||
| 11,242 | 5,973 | 7,401 | 12,670 | |||
| Revenue | ||||||
| Specific donation | 63,551 | 21,498 | (7,401) | 34,652 | ||
| Pallet Specific | 1,031 | 3,191 | 800 | 3,422 | ||
| KW | 7,200 | 7,200 | ||||
| Martin Lewis CV19grant |
12,000 | 10,443 | 1,557 | |||
| One City Fund | 5,555 | 5,555 | ||||
| Food And Toiletry | Purchases | 3,033 | 31 | 3,002 | ||
| WCC WinterFunding | Grant | 5,516 | 5,516 | |||
| Eveson Charitable | Trust | 5,000 | 1,188 | 3,812 | ||
| 64,582 | 41,495 | 46,676 | (7,401) | 52,000 | ||
| Total Restricted | 75,824 | 41,495 | 52,649 | 64,670 | ||
| Unrestricted | ||||||
| General Funds |
(1,396) | 164,922 | 113,453 | 50,073 | ||
| Total Funds | 74,428 | 206,417 | 166,102 | 114,743 |
| 2020 | ||||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total funds | ||||
| funds | funds | |||||
| Notes | ||||||
| Income | ||||||
| Donations | and Gifts | 69,936 | 103,510 | 173,446 | ||
| Investment | Income | 43 | 43 | |||
| Tota I income | 69,979 | 103,510 | 173,489 | |||
| Expenditure | ||||||
| Charitable | activities | 67,821 | 27,686 | 95,507 | ||
| Total expenditure | 67,821 | 27,686 | 95,507 | |||
| Net | income | 2,158 | 75,824 | 77,982 | ||
| Reconciliation of Funds | ||||||
| Total funds brought | forward | (3,554) | (3,554) | |||
| Total funds carried | forward | (1,396) | 75,824 | 74,428 |