Corapmy registrationnuttther. 08334798 Charity registrktion mimber.. 1150820 Stoke-on-Trent Foodbank (A CDmpally limited by guarantee) Anllval Report and Financial Stat#nTrnt8 for the Year Ended 31 M&rch 2023 DAryl Denson ACMA VAST The Dudson Centre SÉoke-OEL-Trent STI 5DD
Stoke-on-Trent Foodbank ConteDt5 Reference and Adminkstrative DetAil$ Trustees, Report 2to4 IndepBnd¢nt Exarnin&s Report Statement of Financial Activities Ba]an¢e Sheet St&tement of Cash Flowa Notes to tbe Financial sthtennts 9t024
Stoke-on-Trent Foodballk Reference and Admi#istrative Details Trustees Lilitin Dodd, Chair ( from 6th F¢b 2023) Glen Park¢$ MBE Kjrcn Poxoi) Rev Judith Wooda]I Philippa Simpson Sheila Cow¢ll Senior M&h4gement l LeAdershlp CDrrine Boden MBE, Dffector of Services Team chlty RegbtrAtlon Number 1150820 Company ReElstratifjn Nllmber 08334798 The ¢lwity is incoryor&ted itt )gland alld Wale5. Magdaltrn Road Bliirton Stoke-ofvTrent ST3 3HS Daryl D¢nsonACMA VAST The Dudson Celltr¢ Stoke-Dn-Trent STI 5DD Registsred Offlce Independent Ex4miner Page I
Stoke-on-Trent Foodbank Trustees, Report Tha tsv8tees, who e dire¢ÉoES for the puryoses of company l&w, present the &nmwl repoit togetber with the rllwicial Stat¢ents of th¢ ¢haritsble COMpY foi the year ended 31 Match 2023. Trnstees aThd offlcers The trnstees aud officers seThing during the year and siA¢e the ytar end were as follows.. Trnst¢es: Keith Stubbs, ChaiT (resid 4 Nove]llbEr 2022) Lill Dodl Chair ( from 6th Feb 20231 AlreW Gtthy (resigoed 31 March 20231 Su5a]J sin06 (resigned 4November 2022) Glenn Parkes M8E {appointeil 20 April 2022) Karen Poxoi) (appoillted 20 ApKil 2022) Rev Judltli Woodall (appointed 20 April 2022) Philippa Simpson {appoiKted20 April 2022) CoTriO¢ Boden MBE (Appointed 4 November 2022 and resiglled 30 August 2023) Sheila Cowell (appointed 23 Mar¢h 2023) Senior Management l Lwlersbip Team: Corritte Boden MBE Dirfth)r of Services Objectlves #nd g¢tivltles Objects (md oims The CkLarity'$ objects I'objects'ry are spificallY restricted to the following.. the PTevelltion or ielief of poverty i Stoke-on-Tr¢ttt and the Surrounding areas by providillg food to local peoplc who are in need of CergenCY supplies and by such other means as the tnyttts may dEt¢miine. Pmblie be#eJlt The Stoke-on-Tr¢nt Foodbank operates to Tn]gsell Trust 8uidance for food distribution via a Stadard pickittg li%L Every person with & voucher code catt present at one of oill. foodbankdistribution centres. wher¢ they will receive Ihr¢e da}'s of em¢rgency fid. Food is distributed out to all illdividu•]s cxperierL¢in8 temporary food crises due to poverty, sudden loss of employmcoL redtioll in hTrurs of woiK benefLt-rEiated issues, or other ernerÈcnci¢s withitt their household. Individuals can rective up ts> fiv¢ vouchers per GriSAS 88 a general principle. However. the tealll reviewed the voucher status regularly, attd throughout the pandemic end beyond vouche illcr¢as¢d to eight. The St0ke-oTrellt Foodb8nk supports p¢ople referr&1 by a wide range of frontline ag¢llcies operattng across the city, ijcluding Citkzens Advice, sthools, Social Care & Health, aTLd statutory aud volulltary yector oTgaDitlong. Gue8ts attending F(M)dbank Bessions recBAved B warm welu)m¢ and additional support througb signposting. Signposting en8ures that our 8DegÉs re¢eiv¢ the best help to tesolve thell. issilGns¢S,. also ttle opporlunity 10 OCCe88 fiTLqncial inclusion suppor¢ benefits and debt advice. Stoke-on-Trent Foodb8nk works with pa1¢[$ to reduce the reqvir¢xnent for foodbak client8 to n)aks return Visits. Page 2
Stoke-on-Trent Foodbank Trustees, Report 'rhe trustees eonfinn that tbey have Complied with th¢ rEquiTements of 8ectioD 17 of th¢ CIMities Act 201110 h&v¢ due reggrd to thc public b¢n¢fit 8uid&tJce pthlished by th6 C]wity Commission for EnglaKd a[ Wales. A¢hievemcnts performance DuEing thE ycar: Three day ¢mcrgcncy p¢15 gÈYaL Out to- 24.173, adults 14,556 children 9.617 Low income falnilies 5040 which is 520/0 Other 1166 which is 120/0 Benefits dclay 871 whid] is 90/0 Benefits change 527 which is SQ/0 Total food donated, 162,332.60 kg 320/0 up from prcvious year Totsl food dibtyibllted 136.915.44 kg 40Yg up from pr¢vioug year Foudpurchased over the yEar 14,927.77 kg which is 9.2/0 of the Ye total. Th¢ Hanrst donation w4s 12,685.43 kg FlnanclAI ree The fillCial ro3uIts are shown on pa8cs 5 ty 22 of this pOrt. Policy ort ru¢rv Trnytees have nSidered Èhe lewel ofyeserve fimds they wish to rel. ryropriate to the charity's lleed8. This ts based on the charity'6 size and Ihe levelof wlluiiillllCAts. T[uG¢S ¢ndMYour notto set a8ide funds ut)nec¢5sarily will ensure that we maintaiD sufficient re$erv¢ fimds to fu]fil staff salaries and gtrnerdl Outgoin for a minimum pLOd of 6 ¢aiendJr months. This is to be reviwed forthe 2022123 Teporting period. At the end of rhe period thc djarity had free r¥86rve9 of £469,957 (2022.. £379.556) Structurey governAlle¢ and Djanagement NAthre ofsovernlng Memorandum and Articles incorporated 1811212012 as amend1 by special re501vtion registered at Companieg NO56 on 0810212013. Rternilment and4pp&iNtm¢nt &J'trwtee We otfer a fair recruitment proc5 for new Ttustses on equality and divcrsity, we ue th¢ guidan¢e tljat IS Supplied by the Cbarity Comti)ission. Stt>kmtt-TTet foodbank OpatES to the TnSell Trusts Model of LuDllillg a foodbxnk by following their guid¢liDes and goven]uLG¢. The Rtgionol Thussell TTUSt Area MaDagerrepr¢s¢ntative piovides ollgoing Mipp()rt iTJ¢ludiJ]g; advsct for the annual audil policy advice. futjdraising advice, national issues guidance ¢ts. W¢ bave parttierBhip agreements with all our 16 food 4Jistribution cetttre8 en5vrkn8 that consist@n¢y and good practiee is n)ntained Page 3
stokeOn-Trtt Foodbank Trustees, Report Sm7411 Lomp8ni¥s provi&Aon ststement This rq)orÈhas beenprepared in acCordaie with the Small companies regitne undeT the Companies Ael 2006. The annual report was wovedby the tw$tees of th¢ ¢barity on.................... and $iwd on its b¢haif by.. Liliall Dodd Trustee P&ge 4
Stoke-on-TreDt FoodbAnk Independent Examiner'5 Report to the trustees of Stoon-Trent Foodbank ('the Company,) I report to the charity bust¢¢s on my ex&mination of the accounts of the Coinpa]Ly for the ycai. ended 3 1 Marcl 2023. Responslblllties and b8si& of report As the charity's tnteets of th¢ Conipatty (and als() it& directots for the piuposes of company law) you are responsible for the prEparation of the a¢courtts ill accordance with the requirenients of the Compani¢s Act 2006 ('the 2006 AGt'). Having satigfi¢d myself that th¢ accoullts of the Company are nol required to be audited Ulld Part 16 of the 2006 Act alld ar¢ eligible for independent exaTnin0tion, I report iti resp¢ct of my extlltiination of your chity's aLLoun15 a8 carried (iut Ullder Section 145 of tlLe Chai'itieb knt 2011 ('the 2011 Act,). Jn carrying out my eLnIllatiOn I have followed th¢ Direction3 giv¢n by the Charity Cornwis8ion under section 145(5){b) of the 2011 Act. Indopindent examiner's stItemet SinG¢ the Company's gtoss incollLE tseed¢d £250,000 your exall)iner must be & nll)ber of a body listed in 8ectio]L 145 of the 2011 Act. l Gonfjrm that I qualifi¢d to wd6rtake th¢ exaMition becau8¢ l am a llLember of , which is one o£thc listed bodies. I hav¥ completed my examination. J eonfim) that no have conle to my attention in ¢onnection with the examinathon giiyng me Gause to believe.. l. accouuting records were not kept in respect of Slok>on-ThEnt Foodbank as Eequired by section 386 of th¢ 2006 ACL. or 2. the accounts do Dtjt accord with tbosr rOrds. or J. acc(pu5 do Jkot comply wAth the 01)untin8 requIrereI8 OF qertian 396 of the 2006 AGt other than any iequiremellt that the accounts give a Yrue and fair view, which is not a matter consider¢d Part of independen¢ ¢Kaminatioll' or 4. thc accounts haYE not beell prepared in cOrdanCe with the rntthods and PTinciple5 of the Ststem¢nt of RecomD]Ended Practice for occounting and reporting by clmrities lapplicable to ¢baritie$ preparittg their accounts in a¢cordonce with tb¢ Finkwoial Reportin8 StandArd applicable in the UK and Rq)ub]ic Of Ireland (FRS 102}]. I have no coneerns and have come tter085 no other rtwttths in connectiou with the extiminatTQll to whi¢h atteDtion shou]d be draw in this report ill OAler to En8bl¢ a properufjder5tandii)g of the acc4)uryts to be rea¢be Daryl D¢nson ACMA VAST Th¢ Dudson Ctntre Str)ke-oll-Trent STI 5DD Date.. 1411112023 Page 5
Stoke-on-Trent Foodbank Statement of Financial Aetivities for the Year Ended 31 Mch 2023 n¢luding Income and Expenditure Account and Strdtemellt of Total Reeogllised G8in8 and Losses) Unrestrteted fvnds Rcstrlcted funds Totsl 2023 Note Income alld Endownwnts from: DonatLoll8 and legacies Investm¢nt ittcoin6 157,265 2,860 324,173 481,438 2,860 Totsl income 160,125 324,173 484,298 ExpeNdlthre oll; Charit&ble activities 62,899) 274,(hS9) {336,968 Totsl expenditure 62,899 274.069 336,968 Net income 97226 50,104 147.330 Net llvemt in fu] 97,226 50.104 147,330 Reeonclliation of fuDds Totslfvnds brought fornrd 422,576 522,037 Total funds caTried forw8rd 16 519,802 Uorestri¢tcd fund8 149,565 R¢8trlct¢d futtds 669,367 Total 2022 Note Itteon aFJd Endfrwjnents fro Donations plld legacies Invesl)nent irLCOm¥ 142.630 228 141,57(P 284,2 228 Total income E42 858 141.570 284,428 Ezp¢ndlture on: Charitable a¢tiviti¢8 {83,102 {103,939) 1187,041 Total exp¥llditur¢ Net income 83.102 {lQ3.939) 187,041) 59,756 37.63 1 97,387 N¢t rnovemEth in funds 59,756 37,631 97,387 H8cDneillatAon of funds Total fimds brogt forward 362,820 61,830 99,461 424,650 Total ttds cattied foTward 16 422,576 522 037 All of the ¢harity'5 activities (krive from ¢ontinuing operatioDE Llurittg the abov¢ two periods. The Ojnds breakdown for 2022 is sh¢)wn iti note 16. Th¢ nots8 on pages 9 to 24 fomi an intcgral part of these fillBnci&L statements. Pag6 6
Stoke-on-Trent Foodbank (Registrotion number: 08334798) Balance Sheet as at 31 March 2023 2023 2022 Note Fixed as8ets Tangiblc assets 12 49,845 43,020 Curr¢nt ass¢ts Debtor8 Ca8h tttbank al in hand 13 14 4,418 617,576 4,037 476,480 480,517 621,994 Crtditors: Awounts f]1]¥ dlle svlthin on¢ year Net current 8$set8 Is 2,472 (1,5(M)) 619,522 479,017 Net assets 669,367 522,037 FuDds ofthe ehsrlty: Restrl¢led income fithds R¢stricted 149,565 99.461 UDrestrlcted InLome uTrtricted tinds 519 802 422,576 16 669267 522.037 Fnr the financial year endtng 31 Maxh 2023 th¢ charity wu& entilled kn ex6mption from audit under section 477 of the Compwies Act 2006 IElalin8 to small compaDi¢S. Directors, respon8ibilities'. The eMberS haye not required the ChLty to Dbtsin an wdit of it$ aewit$ for thE year iii questiDll in Ctordance with section 476. and The dire¢tOTS acknowled¥e their ttsponsibilitÈes for complying with the requirements of the Act with Tespect to aGcounting re¢ords attd the preparation of aLCQWIts. Tht financial ststenkcnts on pag¢8 6 to 24 were approved by th£ tNstecs, ajkd authorsed for issue ott - ad signed ontbesr b¢b81f by.. Lilian Dodd TTU8tee The notes ot) pages 9 to 24 fonn ititewl p&rt Df tbese fhll8n¢iaL Stat¢ents. Page 7
Stoke4)n-Trent Foodballk Statsment of Cash Flows for the Year Ended 31 March 2023 2023 21122 Not Cash flows from operothig Atdvltles Net cosh ]rtMe 147.330 97,387 Adjustments to eash tlows Irom ittms Deprcciation Illveghnent income 18,418 {2,860 162.888 20,100 228 117,259 Work5ng £Apitai Rdjustments ([n¢rSeYdtcreac indebto In¢rcase/(deGrease) iTh creditors Net c&%h liows ftom operating activities CA&h flow8 from Allve5tiAg a¢tivltie9 Inlerest re¢¢ivabl¢ tmd similar income Pwrliasc of tsi)gibl¢ fixed assets Net cash flows from ittvesting activities Net increase ca8h and Cwb equivolents 13 15 (381) 972 8,025 112 240) 163,479 113.044 2.860 (25,243 228 12 (22,383) (33,265) 141.096 79,779 396,701 C45b and cash equivalEnts &t l Api.d Cash al casb equivalellts at 31 Mairb 476.480 617.576 476,480 All of thc rash flows are derived from con¢illuitig operations during tht 8bove two periods. Th¢ notes onpoges 9 to 24 foijn an itttewlpart of the86 fiDancial state8ts. Page 8
Stoke-on-Trent Foodb8nk Notss to the Financial Statements for the Year Ended 31 March 2023 I Charity 8tAtus The Chlty is limited by gurnt¢¢. itiCOTporated in Ellgiand and Wales. and ronscquently do6s not have sha capital. Ea¢h of the tltee5 18 liable to contribute an dmoullt not excE¢ding £1 towards th¢ a88ets of the charity in the event of liquidation. The addres5 of its regi5ter¢d office is.. M&gdalen Road Blurto Stoke-on-TTent ST3 3HS 2 Accountlllg polldes of signitleant IlCCOUAtlng pollcies aRd key gccountiD¥ estlmates The principal 8ccountll policie8 applied in thc pwaration of these financiAI statements arc s¢t out below. These policRcs havo becn Consistently applied to dl tht years presentsd. unless OtheiSe stated. Statement of compliance The flnancial Statements hayc bcen prepllred in aard&ll¢e with A¢counling and Reporting by Charities.. Statement of ReEomTnEnded Pr8ctice (appliLable to charities wparIn¥ theii. acGOUllts ill ordanCe with ihe FinaD¢ial R¢portitkg Standard appli¢&bEe in the UK and Rcpublic of Ireland (FRS 102}1 (Assued in October 2019) (Charitie8 SORP {FRS 1021). the Financial Rwrting Standard applic4bk in th¢ UK and R¢publit of Ireland (FRS 102) and the Companies Act 2006. Basts &t'prep4r4tloll Stokewon-Trnit Foodbank meets the definition of a publir benefit entity er FRS 102. Assets and liabilitieE ar¢ ittitially i.ecoglSea at hL8tOTical ¢08t or tnnsaction value unless otheThvise SleA1 the relewant trUnting policy notes. Going conc¢rn The trustees consider that there are no material unLe)ntIeS about the ¢harity's ability to conlirte as a going concmi noi Ajky sigtsifiurlt Lreas of unc¢rtainty that affcct th¢ canying value of asgets held by the charity. IThcoe alld endowments All income is recogDised oll¢e th¢ charity hus ¢Dtitlentrnt to inLome, it is probable tbat the income whll be received alld the aD]ouni of the iticome receivable ¢an bt m¢gsur¢d reliably. DonatioNs Aud legucies DonatsoAL8 are recognised when the cbarity has b¢en tified ill writFng of both the amouut and settlement date. IL the event that a don&tion is 5ubje¢t to conditions that requiiE a level of perfomiance by the charily before the charity is entitled to the thnd8, tIL6 Incon is deferred and not recogniged witil either thoge cotLditions fully et, or the lulfilmeTht of those ctsnditlODS is wknlly within the cotrtrol of the rhaTity attd it i8 pmbabl¢ the86 coiiditions will be thlfilloj in the reportingperio<L P&ge 9
Stoke-on-Trent Foodb&nk Notes to the Finaneial Statements for the Year Ended 31 March 2023 Grurtts recÉivable Grants are re£ogDiked when the charity hjs ats entitlement to the fimds and any ¢onditiolls linked w the grants bave been mot. Whcte perfolKnact conditioiis are attached to th¢ grant y6t to be me¢ the income is recognised as a Iiability 2nd its¢luded ott th¢ balanee Sheet as deferred in¢orne to b¢ IrleasEd. Eipendjtllre All expenditure is rOttl8 oLee there is a legal or coDstrnctive obligation to that expenditure, it Is probable settlellt is required and the arnou can be me&sured reliably. All costs are allated to the applicable exditUre heading that aggregate similar LOSt% to dwt cate¥ory. WhEr6 costs cnnot be directly attributed to partlcular h¢adillgs they have beeii allocated on a b&8is ¢onsi8ttnt with tlle use of resourc¢s, with tcntt'al st&ff costs #llocated on Ihc b1$ of timt spen( ad dcpreciatloll Gharges allotsitt¢d on the portion of the asset's use. Other 8UPPQlt costs are Allocat¢d based on tbe spreBd of staff costs. Chdritsble lIvItIeS Charitable expenditure comprises those costs incutted by the chATity in the delivery of its a¢Èivitie8 and servÉces for its benefiCirI¢S. Jt includes both Losts that can be allobatsd diTEcLly to such tIvitieS aud those costs of a indiiEth natur¢ necessary to wpport thll. GovernLee These include the costs altributAbl¢ lo thB charity's compliance with constitutional aTrd sthtutory reqTecnts, includig audit, strategic management atjd trustees m¢eting8 and imbuThed expen9es. Government 8r&nts Govemment giatlts &Te rEcognised based on the &ccwal model and are MeasUd at the fau value of the asset I"LCCLY¢d ot rcGcivoblc. G1t Classifi as relating eiihpr tn revenue or to assets. Grant8 relating to reveuue re 0glSed in income over the period in which the rclated cogts are TccolI8£d. GrAuts relating to ilS5ets are recognised over the expected usefitl life of the asset. Where pt of a grant rel&tillg to as8¢t ig deferred. it 18 ogDised as d¢f¢rred Inc0e. 'raxation The ch8rity is considertsj to Pa8$ the tests Bet out ill Paragraph I Schedul¢ 6 of the Fin&nce Act 2010 and therefore il meets tkn¢ defthitioTh of 8 charitablc company for UK corporatioll purposes. AccoIdingly, the ¢lwity is pot¢nti811y exempt froni tsAation in respect of incomc or capital gains received within catEgories overed by Chapter 3 Part I l of the Corporatiou Tax Act 2010 or Scction 256 Df the Taxation of Chargeable Gain8 Act 1992, to the exÈerAt tEMt such income or gains are applied exclu5ivcty to cbaritabk purposes. Tangible fixed assets IJLdividual fjxtd assets cost18 £500.00 or mor6 are initially TecoTded &t cosl 1¢58 atty subsequent accunwlated dBpre¢i&tion and sub8equellt a¢cuttLulated in]painDait losses. Deprecfiotion And 8mort15Ation Depre¢i&tiOn is wovided oj) tangible tiKed asE¢t8 50 as to wKite off th¢ cosi or Valuatio less any ¢$tinMted r¢sidual valu4 over Ih¢ir expected ecortomic lrfe as follows.. As5Èt class Fixtares alld Fitting5 l.T. Equipmenl Depre¢latl¢Jn method and rats straIt Line 250/0 Str8ight Line 33.30/0 Page 10
Stokfron-Trent Foodbank Notes to the Finaneial Statements for the Year Ended 31 March 2023 ott>r VdiiGle& Lattd al Buildings Stratt Litte 150/D Trade debtors Trade dehtnrs are an)oullts duE Eom customers for iuerchandise 801d or sctvices p6rfornicd i]L the ordillary cuiirs6 oFbusiness. Trade debtors ¢ recogllis¢d initially at the transaction pIic¢. They ar¢ subsequently Me&red ¥4t amortis¢d cost iising the effective iDterest mdhod, le&8 proTrision for iinpatrinent. A provision for the impairmellt of trade debtOKS Is egtablished when there is objethive ¢denc6 that the charity wi15 not be able to ¢olleGt WDounts due according to the original tenng of tlLe te¢¢ivabltS. Cash Attd cash equlvalents Cash and cash ¢quivalentB Cornprisc Ga5h on ld and ¢all dEposits. 8nd othBr short-tenn higbly liquid investments that 2re readily conytrtible to a knowtt &moullt of cash aud Ilrt subj¢rt to an insignificallt risk of Ghanse ill value. Fund ytructllre UnTeslTiCted Ancome fllnds are geneTal fund5 thaÉ are wailable for u8e at the trustees di8creti(trD in furtherance of the objectives of the charily. Dcsignated fwlds ar¢ utrIcted funds set aside for specific PUTpose6 at the discretioTh of the ttu8teE5. Restriclcd income funds are those doDated for us¢ in a Particul areY4 or for Sprtific pury)oses, the use olwhieh is r£sÈrActed to that arEa or purp)se. Vensiony an(t other post rettrtffj¥Jil vbllgatlotss Th¢ charity operat65 a defined contrilmition pension s¢bern¢ wbicb is & pension plau under wJ)ich fixed contributions are ppid in a pension fulld and the charity has no legal or constructive obligation to pay fufther contributions even Éf the nd does not bold $ufficieDt as8ets kn pay all ¢mployee8 th¢ beneflts relating to employ& service the CU and prior periods. Contributions to defined contributsoii plans are recognised in the Statement of Fit)ancial Activities when they are dlle. If contiibution paylnents exceed th¢ ¢ontribiition duc for servic¢, the exbe&8 is recognised a5 a prepaytllent. Pag¢ll
Stokewon-Trent Foodbank otes to the Financial Statement5 for the Year Eijded 31 March 2023 3 1lleom¢ from doJk9tiolls legAcie5 Unrestrlcted funds GeDeral Restrlct¢d runds Tot21 2023 DoJMtions and legacies. Donations from compaDies, tnjsts and sirnilar proceeds Doll*tions frotn individuals Gitt aid Teclaimcd Giants. including capital grants. Govcrnment gtants Grants from other ¢huiti¢ Grants from CA)mpanie8 61,774 76.322 8,434 3,000 1.585 64,774 77,907 8,434 2,835 7,9(K> 209,998 107,337 2253 324,173 212,833 115,237 2,253 157,265 481,438 Unrestricted funds GeTh¢rRI Restrleted fuDd$ Totsl 21122 Dojjations and legacies. Donations fmm con)paJJies. ttusts and similar proceeas DO01)5 trom individua15 Gift aid reclaiined Gronts, including capitol grants,. Govern¢llt grants Grants from other charities ants from wD]panies 58,973 63,576 7,895 500 2,460 59,473 66,036 7,895 59,566 56,939 22,105 141.570 59,566 64.001 27,229 7,062 5,124 142,630 284,200 Page 12
Stoke-on-Treut Foodbank Notes to the Financial Statements for the Year Ended 31 March 2023 4 1nve$tm¢Dt income Unr¢strieted nds Genergl Total 2023 IntEre8t receivable and similar income. lerest r¢ceiYable on bank dq)osit8 2,860 2,860 Unrestrlttrd funds Genergl Total 2022 InteTCSt reeeAvabl¢ and sirni1 income,. Jnt6resi receivable on bank deposits 228 228 228 228 Pagc 13
Stoke-on-Trent Foodbank Notts to the Financial Statements for the Y¢ar Ended 31 March 2023 5 Expendlthre on charithble aetfvltles Unrestrictrd fuThd5 R¢strlcted funds Total 2023 Advertising & Promotio Bank Charge CommU][Y Outreach Computer ad IT Debt AdvÈ¢e Depreciation Distribution CcntsE Costs Jnsurance Justgiving Charges oirice Expenses Payroll Admin St&ff Tr&vel Expense8 Prinling and Postage Prof¢8sional Fees R¢pairs &rnd R¢rn¢wals Salarie8 and Wa8t$ SubscriptiO]IS Telephone Utilities Van Expenses Volunteer EApeDses Wrtr¢house Q)sty Food Top Up & Delivery Bags Trdining Governance Evaluation Gift Cards The Trus5eLI Trust 470 43 486 39 1,462 1,032 56,940 5.838 7,567 1.395 892 1.417 697 90 2.889 1,037 1,301 109,290 203 1,52Y 3.708 3,916 ,510 421 17,566 984 956 82 1.464 1,879 56.940 18.418 7,567 1,395 1,544 847 12,580 652 227 300 997 93 3,199 1,728 1,547 141.942 332 2.004 5,336 6,019 1,647 531 20,285 984 A,575 5,000 51,500 360 310 691 246 32,652 129 475 1,628 2.103 iio 1719 1,575 5,000 51.500 360 62,899 274.069 336,968 PaBe 14
Stoke-on-Trent Foodbank Notes to the FinaneAal Statements for the Year Ended 31 March 2023 Unr¢8trict¢d fund5 G¢Der#l Reytylcted fnnds Totsl 2022 Adv¢rtisillg & Promotion Bank Cbargt8 Conllnunity Qutreacb Colllputer alld IT Depreciation Distribution C6ntr¢ Costs Health atLd $8fety 200 76 868 I,068 70 11,242 2,007 20,100 I,000 15 11242 754 10,410 1,253 9,690 1,000 15 1,464 1,594 1,532 966 Ju8tgiTring ChaT8eS Offjct Expell5es PayKoll Admin Staff Travel Bxpen$e8 Prilltitig and Postage Professional Fees R¢pairs and Renew&ls Salaries and W8ges SubscTiptions Telepltte Utilitie8 EAp¢tt8¢9 VoluuteerExpellses Warehouse Costs Food Top Up & Iklivery Bags TrniDsThg (3ovEmanc Events Meetings 1,594 1.864 966 41 1,841 1,500 3.151 126,863 322 1,9lO 979 4,936 1,690 417 1,497 66 iio 222 loo 332 41 578 1,263 1,500 1,945 55,618 322 1,250 1,206 71245 660 979 2.3(M) 1,690 137 1.497 2.636 280 66 110 222 100 83,102 103,939 187,041 Page 15
Stoon-Trent Foodbank Notes to the FinaDeial Statements for the Year Knded 31 March 2023 6 Analysis of governaftee ind support costs GovernAThce cts Unrestrictsd fndS Gener*1 Total 2023 Jndttptnd¢nt ex&M fees ExamxLaiion of the fmallcial 8tatem¢Dts 1,575 1.575 1,575 Unrestricted rullds General Total 2022 Indewd¢t examiner fees Exan]inatii)n of the financial statements Oth¢r gov¢rnallce ¢osts 1,500 iio 1,500 110 1.610 1,610 Page 16
Stoke-on-Trent Foodbank Notes to the Financial Statements for the Year Ended 31 Marth 2023 7 Government gr8nts £200,000 (2022 ..£40,000) was received horn Stoke onTrent City Coull¢il £nil (2022-.£9,568) was rcceivEd frorn thc National Lottery- £9,998 (2022'.E9,998) was received ftom Award84AII £2.835 (2022..£nil) was received from SOTCC Ward Budget. The amount of grants recogllised in the financi81 statetDellts was £212,833 {2022- £59,566). Thttre W.e no unfiilfillcd condiÉÉons at the end of the yw, 8 Net Inconthigloutgtslng ruollree5 Nct its¢oming resources for thc year inLlude: 2023 2022 Other On-aUdIt strvices Depreci8tion of red assets 1,575 18,418 1,500 20,100 9 Trustees remuneYAtlon 4nd expell8C$ DuTing the year the cbarity nde the following trall5a¢tiong with twgttes.. Susan Slmcoe £Nil (2022.. £53) of expenses were reimburscd to Sus? Simcoe Lkning thE yeai.. CoTrin¢ Boden MBE Corrine Boden MBE rec¢iv¢d remuneration of £12,694 (2022.. £Nill during th¢ year. Miss Boden was appoinled a director in November 2022 wthile n¢w trustees were rectuited. Miss Boden resigned as a direotor in August 2023. JlJe remwieration was p&Éd in respect of her duties as Director of SerYic¢s and not forher duti¢8 a8 a director of the Charity. No truste¢$ have receivcd any resmburs¢a expense8 or any other benefits fmm th¢ ¢hlty during th¢ year. Page 17
Stoke-on-TreDI Foodbgnk Notes to the Financxal Statements for the Year ERded 31 March 2023 10 Staff costs The aggregJte payroll costs were as follows.. 2023 2022 staff costs during the year were: Wages 8t salaries Social sc¢urity cost8 Petision Losts 136,369 2,734 2,839 121,843 2,387 2.633 141,942 126,863 The rnotsthly averuge number ot persons (including senior management I leadership tearn) employed by the ChIlY durin8 the Y& expr¢ssed Hs full ti]ne tquivalents was follows.. 2023 2022 io GeDernl Sts COtrI1on$ to lh¢ Employee pension scheme8 for th¢ y&8r totallfd £2,839 (2022- £2,6331. Nn employce received emtslujnents of Ore £60,000 during the year. The total 6mployee benefits of the key ]Iianageinent persL>Jm¢l of tbe charity £30.188 (21)22- £29.077). Page 18
Stoke-on-Trent Foodbank Notes to the Financial Statements for the Year Ended 31 Marth 2023 11 Taxation The charity is a registered charity and is therefore exempt from taxation. 12 Tangible fixed asstts Lgnd build1g5 FurnÉture and ¢quip)ll¢nt Compllter equipment Motor vehlcle5 Total Cost At l April 2022 Additions 17,945 25,243 33,913 40,155 11,817 103,830 25,243 At 31 March 2023 43,188 33.913 40,155 129,073 Depreclation At I ApTiI 2022 Charg¢ for tELC year 2,692 6,478 17,278 6,374 29,023 5,566 11,817 60,810 18,418 At 31 Mwch 2023 9,170 23.652 34589 79,228 Trlet book valiie At 31 h&aT¢h 2023 34,018 10261 5,566 49,845 At 31 March 2021 15,253 16.635 11.132 43,020 In¢luded within the Det book value of lalld wid buildings above is £Nil {2022 - £Nil) in re$pect of freehold land buildin8s and £34,018 (2022- £15.253) in respect of lea5¢hol(Ls. Page 19
Stoke-on-Trent Foodbank Notes to the Finan¢ixl Statements for the Year Ended 31 March 2023 13 Debtors 21123 2022 Prep2L y]ts Other debtors 237 3.800 4.418 4,418 4,037 14 C&8h and cash equivAlenl 2023 2022 Cash atbank 617,576 476 480 IS Cre(litors: &mouuts falllng duè within one yettr 2023 2022 Other raxation and social security A¢¢wals 897 1,575 2,472 1.500 1,500 Page 20
Stoke-on-Trent Foodballk Notes to the Financial St%tements for the Year Ended 31 March 2023 16 Funds B41tsnee At 31 March 2023 BA19llce at I April 2022 Incomlng re80r£e8 Resources expended Transfers Uftre$trffieted funds CJ¢ner41 O¢nerai Fullds 81,576 160,125 (62,899) 178,802 DeNgpiotsd DE5igtiated TotAI iillrestricttd fun(ts 341,000 341,000 422.576 160,125 62.8 519,802 Restrlcted Food Conunvllity Investn)oTht Fulld 2 A8da Grallt Local Collimunity Fund Tangible Fixed Assets Awards 4 AIS 2022 Awards 4 All 2021 8,940 6,545 {5,627) 9,858 5,975 3,526 (896) {3,525) (411) (4.942) (6,6711 (4.200) (67) (56.939) (2,072) (1,842) (5,079) 411 19,751 5.079 19,888 3,327 9,998 4,260 70 56.939 PatbfinderFI Yr E 968 C¢)op 2022 SOT CC Household SpOrt Fund SOT CC Stronger together willter progrdmme Pathfiler Fl Yr 2 Patbfmder Fl Yr 3 ,842 50,000 (50,000) 150,000 47.518 54.819 (93,822) (42,995) 56.178 4,523 54,819 Totjl restrfieted fund 99,461 324,173 274 069 149,565 Total fundy 522,037 484,298 336,9681 669,567 Page21
Stokfron-Trent Foodbank Notes to the Flnaneial Statements tor the ye Ended 31 March 2023 Bglallce at i ApTII 2021 Inc¢)mi]Lg resouree8 Resour¢e$ oipended BAianc¢ nt 31 Mgrch 2022 Unrestrieted thnds G¢Nergl General FutLds 21.820 142.858 (83,102) 81,576 Designaled D¢signated 341,000 341,0(M) TotAI iiDTe$trieted fwids 362,820 142,858 83,102 422,576 RcstriL¢d Food Coints)unity lJJvestnJent Pd 2 Asda Gi'allt Awar&3 4 All 2020 Ajbert Gubay Inttery Covid TTU8thouse Grant Local OiJtllnuttity Fuad colnunItY FouNlation Covid.A9 Tangibl¢ Fixed Assets Awards 4 AII 2021 6,965 25,000 3.078 2,131 529 152 9,793 776 1,189 12.217 2,420 (44S) (19,025) (20,378) (2,131) (5291 (152) (9,793) (2,055) (1,189) (10,411) {5,738) (430) (9.508) (40,0(K)) 8,940 5,975 3,526 20,826 1,279 17,945 9,998 500 9,568 40,OOQI 56.939 40 19,751 4,260 70 RAniipr% Coalfields SOT CG DWP Pathfthdor Fl Yr I Van 56.939 40 Totsl re5trl¢ted funds 61,830 159,515 121.884 99.461 Total funds 424,650 302,373 204,986 522,037 P8e 22
Stoke-oll-Trent Foodbank Notey to the Financiaj Statements for the Year Ended 31 March 2023 The specTfic purposex for which the fiu¥ls are to be applied are as follow8.' Community Invcslmctst Fund Grant to be used for Improvemet to the warcbouse. Asda Grant To bE u5¢d for st&ffing cogts. Aww'ds 4 All Grant kn Employ a van driv¢r tor a fiu*ber 12 months. Albert th&Y GtaDtÉoThards gellen TWlll8 costs National Lottery Gt towords the new porto¢abi Trustbouse Gr8nt Grant tow8rds staffing ¢0gts Lochl CfjmmuJ]ity Gr&nts to purch&se food Coromunity Foundatio Grant to employ a driver and towards volunteer expenses TAn2ihle Fixed Asse13 Grant to purchase llew Coa]field8. Grant to fiwd part-time referral liaison and ¢-referr signposting cfrordinator. Stoke on Trent City Council R¢ceivtd to buy foiKI and toward8 htillg costs for 8crvi¢e us¢rs. Pv4thfmder Project To fund the Mon¢y MatteT8 Project. R¢ceived from The Trussel Trust Stoke 00 Trent City Council Hollstbold Support Grant Stoke on Trent City Coun¢d Stronger togetherwsnter PTograIi)me Page 23
Stoke-on-Trent Foodbank Notes to the Flnancial Statemellts for the Year Ended 31 March 2023 17 Anxly51s of net as8ets behyeell funds Unrostricted flld5 General I'otll fi]nd$ fit 31 March 2023 Restricted filnds Tangible fixcd as8¢ts Current assets Cuent liabilities 29,955 492,319 2,472) 19,890 129,675 49.845 621,994 (2,472 669,367 Toknl net aSS6ts 519,802 149.565 UnYegtri¢t¢d funds G¢iieral Totsl fuThds 4t 31 M4rch 2022 Restrl¢t fund$ Taogible fixed assets Cwrent H58ets Currellt IAabilities 23,267 400,809 1,500 19,753 79,708 43,020 480,517 1,500 Totslnet 422,576 99,461 522,037 18 Rolated party traN*¢tlons There were no related party transactions in the year. Page 24