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 sthten￿nts 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 ch￿lty 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 COMp￿Y 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 (resi￿d 4 Nove]llbEr 2022) Lill￿ Dodl Chair ( from 6th Feb 20231 Al￿reW Gtthy (resigoed 31 March 20231 Su5a]J sin￿06 (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 sp￿ificallY 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 C￿ergenCY 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 Sta￿dard 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 fi￿d. Food is distributed out to all illdividu•]s cxperierL¢in8 temporary food crises due to poverty, sudden loss of employmcoL red￿tioll 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-o￿Trellt 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 oTgaDi￿tlong. 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. issil￿Gns¢S,. also ttle opporlunity 10 OCCe88 fiTLqncial inclusion suppor¢ benefits and debt advice. Stoke-on-Trent Foodb8nk works with pa￿1¢[$ to reduce the reqvir¢xnent for foodba￿k 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 re￿e￿ The fill￿Cial 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[u￿G¢S ¢ndMYour notto set a8ide funds ut)nec¢5sarily will ensure that we maintaiD sufficient re$erv¢ fimds to fu]fil staff salaries and gtrnerdl Outgoin￿ for a minimum p￿LOd of 6 ¢aiendJr months. This is to be reviwed forthe 2022123 Teporting period. At the end of rhe period thc djarity had free r¥86rve9 of £469,957 (2022.. £379.556) Structurey governAlle¢ and Djanagement NAthre ofsovernlng Memorandum and Articles incorporated 1811212012 as amend￿1 by special re501vtion registered at Companieg NO￿56 on 0810212013. Rternilment and4pp&iNtm¢nt &J'trwtee We otfer a fair recruitment proc￿5 for new Ttustses on equality and divcrsity, we ue th¢ guidan¢e tljat IS Supplied by the Cbarity Comti)ission. Stt>kmtt-TTe￿t foodbank Op￿atES to the Tn￿Sell Trusts Model of LuDllillg a foodbxnk by following their guid¢liDes and goven]uLG¢. The Rtgionol Thussell TTUSt Area MaDagerrepr¢s¢ntative piovides ollgoing Mipp()rt iTJ¢ludiJ]g; advsct for the annual audil policy advice. futjdraising advice, national issues guidance ¢ts. W¢ bave parttierBhip agreements with all our 16 food 4Jistribution cetttre8 en5vrkn8 that consist@n¢y and good practiee is n￿)ntained Page 3 stoke￿On-Trt￿t Foodbank Trustees, Report Sm7411 Lomp8ni¥s provi&Aon ststement This rq)orÈhas beenprepared in acCordai￿e with the Small companies regitne undeT the Companies Ael 2006. The annual report was wovedby the tw$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 Sto￿on-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 tn￿teets 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 ch￿ity's aLLoun15 a8 carried (iut Ullder Section 145 of tlLe Chai'itieb knt 2011 ('the 2011 Act,). Jn carrying out my eL￿nIllatiOn I have followed th¢ Direction3 giv¢n by the Charity Cornwis8ion under section 145(5){b) of the 2011 Act. Indopindent examiner's stIteme￿t SinG¢ the Company's gtoss incollLE ￿tseed¢d £250,000 your exall)iner must be & n￿ll)ber of a body listed in 8ectio]L 145 of the 2011 Act. l Gonfjrm that I qualifi¢d to wd6rtake th¢ exaMi￿tion 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 r￿Ords. or J. acc(pu￿5 do Jkot comply wAth the ￿01)untin8 requIrer￿e￿I8 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 M￿ch 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 ll￿vem￿t 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 bro￿g￿t 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$set8 Is 2,472 (1,5(M)) 619,522 479,017 Net assets 669,367 522,037 FuDds ofthe ehsrlty: Restrl¢led income fithds R¢stricted 149,565 99.461 UDrestrlcted InLome u￿Tr￿tricted tinds 519 802 422,576 16 669267 522.037 Fnr the financial year endtng 31 Maxh 2023 th¢ charity wu& entilled kn ex6mption from audit under section 477 of the Compwies Act 2006 IElalin8 to small compaDi¢S. Directors, respon8ibilities'. The ￿eMberS haye not required the Ch￿Lty to Dbtsin an wdit of it$ ae￿wit$ 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 author￿sed for issue ott - a￿d 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 ]rt￿Me 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¢r￿SeYdtcrea￿c 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 state￿8￿ts. Page 8 Stoke-on-Trent Foodb8nk Notss to the Financial Statements for the Year Ended 31 March 2023 I Charity 8tAtus The Ch￿lty is limited by gurnt¢¢. itiCOTporated in Ellgiand and Wales. and ronscquently do6s not have sha capital. Ea¢h of the t￿l￿tee5 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 Othe￿iSe stated. Statement of compliance The flnancial Statements hayc bcen prepllred in a￿ard&ll¢e with A¢counling and Reporting by Charities.. Statement of ReEomTnEnded Pr8ctice (appliLable to charities w￿parIn¥ 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.ecog￿lSea at hL8tOTical ¢08t or tnnsaction value unless otheThvise S￿leA1 the relewant ￿trUnting policy notes. Going conc¢rn The trustees consider that there are no material unLe￿)ntIeS about the ¢harity's ability to conlirt￿e as a going concmi noi Ajky sigtsifiurlt Lreas of unc¢rtainty that affcct th¢ canying value of asgets held by the charity. IThco￿e 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 reportingperior VdiiGle& Lattd al￿ Buildings Strat￿t 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 l￿d 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¢ u￿￿trIcted 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 DO￿￿01)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$tm¢Dt income Unr¢strieted nds Genergl Total 2023 IntEre8t receivable and similar income. lerest r¢ceiYable on bank dq)osit8 2,860 2,860 Unrestrlttrd funds Genergl Total 2022 InteTCSt reeeAvabl¢ and sirni1￿ income,. Jnt6resi receivable on bank deposits 228 228 228 228 Pagc 13 Stoke-on-Trent Foodbank Notts to the Financial Statements for the Y¢ar Ended 31 March 2023 5 Expendlthre on charithble aetfvltles Unrestrictrd fuThd5 R¢strlcted funds Total 2023 Advertising & Promotio Bank Charge CommU￿][Y Outreach Computer a￿d IT Debt AdvÈ¢e Depreciation Distribution CcntsE Costs Jnsurance Justgiving Charges oirice Expenses Payroll Admin St&ff Tr&vel Expense8 Prinling and Postage Prof¢8sional Fees R¢pairs &rnd R¢rn¢wals Salarie8 and Wa8t$ 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 Telepl￿tte 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 Sto￿on-Trent Foodbank Notes to the FinaDeial Statements for the Year Knded 31 March 2023 6 Analysis of governaftee ind support costs GovernAThce c￿ts Unrestrictsd f￿ndS 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 r￿ed assets 1,575 18,418 1,500 20,100 9 Trustees remuneYAtlon 4nd expell8C$ DuTing the year the cbarity n￿de 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¢ ¢h￿lty 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 Ch￿IlY durin8 the Y&￿ expr¢ssed Hs full ti]ne tquivalents was follows.. 2023 2022 io GeDernl Sts CO￿trI1￿￿on$ 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 build1￿g5 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$pect of freehold land buildin8s and £34,018 (2022- £15.253) in respect of lea5¢hol(Ls. Page 19 Stoke-on-Trent Foodbank Notes to the Finan¢ixl Statements for the Year Ended 31 March 2023 13 Debtors 21123 2022 Prep2L y￿]￿ts Other debtors 237 3.800 4.418 4,418 4,037 14 C&8h and cash equivAlenl 2023 2022 Cash atbank 617,576 476 480 IS Cre(litors: &mouuts falllng duè within one yettr 2023 2022 Other raxation and social security A¢¢wals 897 1,575 2,472 1.500 1,500 Page 20 Stoke-on-Trent Foodballk Notes to the Financial St%tements for the Year Ended 31 March 2023 16 Funds B41tsnee At 31 March 2023 BA19llce at I April 2022 Incomlng re80￿r£e8 Resources expended Transfers Uftre$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 S￿pOrt Fund SOT CC Stronger together willter progrdmme Pathfil￿er 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$trieted fwids 362,820 142,858 83,102 422,576 RcstriL*¢d Food Coints)unity lJJvestnJent P￿d 2 Asda Gi'allt Awar&3 4 All 2020 Ajbert Gubay Inttery Covid TTU8thouse Grant Local OiJtllnuttity Fuad col￿nunItY FouNlation Covid.A9 Tangibl¢ Fixed Assets Awards 4 AII 2021 6,965 25,000 3.078 2,131 529 152 9,793 776 1,189 12.217 2,420 (44S) (19,025) (20,378) (2,131) (5291 (152) (9,793) (2,055) (1,189) (10,411) {5,738) (430) (9.508) (40,0(K)) 8,940 5,975 3,526 20,826 1,279 17,945 9,998 500 9,568 40,OOQI 56.939 40 19,751 4,260 70 RAniipr% Coalfields SOT CG DWP Pathfthdor Fl Yr I Van 56.939 40 Totsl re5trl¢ted funds 61,830 159,515 121.884 99.461 Total funds 424,650 302,373 204,986 522,037 P*8e 22 Stoke-oll-Trent Foodbank Notey to the Financiaj Statements for the Year Ended 31 March 2023 The specTfic purposex for which the fiu¥ls are to be applied are as follow8.' Community Invcslmctst Fund Grant to be used for Improvemet￿ to the warcbouse. Asda Grant To bE u5¢d for st&ffing cogts. Aww'ds 4 All Grant kn Employ a van driv¢r tor a fiu*ber 12 months. Albert ￿th&Y GtaDtÉoThards gellen￿ TW￿lll8 costs National Lottery G￿￿t towords the new porto¢abi Trustbouse Gr8nt Grant tow8rds staffing ¢0gts Lochl CfjmmuJ]ity Gr&nts to purch&se food Coromunity Foundatio Grant to employ a driver and towards volunteer expenses TAn2ihle Fixed Asse13 Grant to purchase llew Coa]field8. Grant to fiwd part-time referral liaison and ¢-referr￿ signposting cfrordinator. Stoke on Trent City Council R¢ceivtd to buy foiKI and toward8 h￿tillg costs for 8crvi¢e us¢rs. Pv4thfmder Project To fund the Mon¢y MatteT8 Project. R¢ceived from The Trussel Trust Stoke 00 Trent City Council Hollstbold Support Grant Stoke on Trent City Coun¢d Stronger togetherwsnter PTograIi)me Page 23 Stoke-on-Trent Foodbank Notes to the Flnancial Statemellts for the Year Ended 31 March 2023 17 Anxly51s of net as8ets behyeell funds Unrostricted fll￿d5 General I'otll fi]nd$ fit 31 March 2023 Restricted filnds Tangible fixcd as8¢ts Current assets Cu￿ent 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