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2023-03-31-accounts

			Index
Page	1		Charity Information
Page	2-13		Report ofthe	Trustees
Page	14		Independent	Examiners report
Page	15		Statement of	Financial Activities
Page	16		Balance Sheet
Pages	17-	24	Notes to Accounts

Reference		and Administrative	and Administrative	Information
Charity Name:				Wolverhampton	Foodbank	Ltd Operating	as THE WELL
Charity registration			number:	1149434
Company	Number			07962969
Operational		Address:		Units 13,15&16,
				Wulfrun Trading	Estate,
				Stafford Road,
				Wolverhampton,
				WV10 6HH
Trustees:				Mr James Ashfield	(Chair)
				Mrs Catherine Price
				Mrs Yvonne Ramsey
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
				9Queen Square
				Wolverhampton
				WV1 1TE

						2023		2022
					Unrestricted	Restricted	Total	Total
				Notes
Income
Voluntary	Income				139,090	20,299	159,389	156,862
Investment	Income				30		30	8
Other Income					3,760		3,760
			Total Income		142,880	20,299	163,179	156,870
Expenses
Charitable	activities			3	177,304	53,736	231,040	198,739
			Total	Expenses	177,304	53,736	231,040	198,739
			Net income		(34,424)	(33,437)	(67,861)	(41,869)
Reconciliation		ofFunds
	Total funds		brought	forward	36,251	36,623	72,874	114,743
				Transfers	(100)	100
		Total funds	carried	forward	1,727	3,286	5,013	72,874

			Unrestricted	Restricted	2023	2022
Analysis			6	6
Voluntary income
Donations and Gifts under	f1,000		97,299	2,841	100,140	71,361
Rent - free gift in kind				13,458	13,458
Gift Aid Tax recovered			10,575		10,575	8,832
Dunsta IITabernacle Church			10.150		10,150
Donations fron individuals	over 61,000		5,000	2,000	7,000	9,400
St Marv's Parish Church			3.310		3,310	4,501
Penn Animal Welfare Society			3,000		3,000
All Nations Church			2,900		2,900	2,300
Legacy Shufflebotham			2,836		2,836
Set Me Free			1,500		1,500	1,500
Coventry Building Society			1,320		1,320
Lakeside Community Church			1,200		1,200	1,200
Neighbourhood Community	Fund			1,000	1,000	2,386
Grantham Yorke Trust				1,000	1,000	1,000
Wolverhampton City Council						31,000
Peter Richardson Legacy						10,000
Staffordshire Provincial Grand		Lodge				5,000
Sigma						4,000
Education &Skils Dept						2,000
University ofWolverhampton		Chaplaincy
						1,307
Perton Church						1,075
Total			139,090	20,299	159,389	156,862

3. Expenses
				2023	2022
Charitable activities				6
Direct Costs
Salary costs				105,315	76,301
Food etc.for distribution				23,690	37,918
Premises costs				55,822	29,215
Transport costs				6,911	10,819
Small equipment				902	3,521
Support costs
Printing &stationery				4,727	5,188
Gifts and tithes				13,342	12,631
Computer costs				4,037	4,954
Communication costs				5,700	4,940
Insurance				951	693
Subscriptions and licences				1,061	852
Depreciation				5,656	5,772
General expenses				1,413	2,622
Professional Costs					1,800
Statutory Accounts preparation		and Independent	Examination	1,500	1,500
Miscellaneous Governance	Costs			13	13
		Ttl		231,040	198,739

5.Net incoming resources for	5.Net incoming resources for	5.Net incoming resources for	the year	the year
						2023	2022
This is stated	after charging:						E
Independent	examiner's	fees				1,500	1,500
Depreciation						5,656	5,772
6.Salaries and employment
Gross wages,	salaries and	benefits		in kind		94,882	73,518
Employer's Pension costs						1,541	1,366
Employers National Insurance						2,350	971
Agency staff						6,542	446
					Total staff costs	105,315	76,301
						Number	Number
Average number ofemployees			in the year
Operational	staff

				Motor	Warehouse	Total
				Vehicle	Equipment	2023
Cost				f	f	E
Cost brought	forward			14,988	8,489	23,477
Additions				9,227		9,227
Disposals				(7,794)		(7,794)
Balance carried forward				16,421	8,489	24,910
Accumulated	depreciation
Basis 25%SL
				f	f	f
Accumulated	Depreciation	brought	forward	11,714	3,777	15,491
Depreciation	charge for year			3,632	2,024	5,656
On Disposals				(5,844)		(5,844)
Balance carried forward				9,502	5,801	15,303
Net book value
Brought forward				3,274	4,712	7,986
Carried forward				6,919	2,688	9,607

Analysis ofdebtor	s	Amounts falling due	within
		one year
		2023	2022
		f	E
Other debtors		1,500	1,500
Gift Aid Tax due		426	1,211
	Total	1,926	2,711

nts falli	ng due	within
one	year
2023		2022
f		f
1,500		1,500
8,243
9,743		1,500

	Opening				Closing
	Balance	Income	Expenditure	Transfers	balance
10.Fund Movements	1/04/2022				31/03/2023
			E	E
Restricted Funds
Capital
Specific donation	6,900		5,534		1,366
	6,900		5,534		1,366
Revenue
Specific donation	19,186		18,705		481
Pallet Specific	3,872	660	4,322		210
Food And Toiletry Purchases	5,024	4,480	8,950	100	654
Electrical Goods		701	676		25
Rotary Club- Wolverhampton	550		550
Legacy Shufflebotham		1,000	450		550
Perton Church		13,458	13,458
Covid Local Support Grant	1,091		1,091
	29,723	20,299	48,202	100	1,920
Total Restricted	36,623	20,299	53,736	100	3,286
Unrestricted
General Funds	36,251	142,880	177,304	(100)	1,727
Total Funds	72,874	163,179	231,040		5,013

					2022
				Unrestricted	Restricted	Total funds
				funds	funds
			Notes
Income
Donations	and Gifts			122,156	34,706	156,862
Investment	Income			8		8
	Total	income		122,164	34,706	156,870
Expenditure
Charitable	activities			135,986	62,753	198,739
	Total expenditure			135,986	62,753	198,739
	Net	income		(13,822)	(28,047)	(41,869)
Reconciliation ofFunds
	Total funds brought	forward		50,073	64,670	114,743
	Total funds carried	forward		36,251	36,623	72,874