| Contents | Contents | Page | |
|---|---|---|---|
| Legal and administrative | Information | ||
| Report ofthe | Directors | 3-8 | |
| Report ofthe | Independent | Examiner | 9-10 |
| Statement of | Financial Activities | ||
| Balance Sheet | 12 | ||
| Notes forming | part ofthe | financial statements | 13-17 |
| Reference and Adm | ini | strative I |
nformation | ||
|---|---|---|---|---|---|
| Charity Name: |
Norwood | a Brixton Foodbank | Limited | ||
| Charity registration | number: | 1151274 | |||
| Company Registration |
Number: | 08381978 | |||
| Registered ONce: | 56 Alleyn | Road | |||
| London | SE21 8AH |
| Board of directors and | trustees | trustees | trustees | |||
|---|---|---|---|---|---|---|
| Mr Tim Boyce | Chair and treasurer. Representative, |
Christchurch | Gipsy Hill | |||
| PCC | ||||||
| Ms. Rosanna Bailey |
Representative, | St. Paul's Church | PCC | |||
| Pastor Owen Hylton |
Representative, | Beacon Church, Brixton (resigned | 24 May 2023) | |||
| Dr. Judith Morgan |
Representative, | St. Luke's Church | PCC | |||
| Mrs Alison Inglis-Jones | Representative, | Holy Trinity Church, | Clapham | |||
| Ms. Suzanne Munday |
Appointed 9September 2022 |
|||||
| Management team |
||||||
| Mrs Elizabeth Maytom |
Project Lead, Norwood ft Brixton |
Foodbank | ||||
| Ms Amanda Courtney |
Administrator | |||||
| Independent examiner |
- Simon Lewcock FCCA, Windsor Lodge, | Millfield | Road, Hounslow | |||
| Bankers —Lloyds Bank, |
Camberwell branch |
| Unrestricted | Restricted | Total funds | Total funds | |||||
|---|---|---|---|---|---|---|---|---|
| Funds 2023 | Funds 2023 | 2023 | 2022 | |||||
| Notes | E | E | E | E | ||||
| Income and Endowments | ||||||||
| Income from generated | funds | |||||||
| Voluntory income |
||||||||
| Donations and grants |
2 | 348,609 | 180,500 | 529,109 | 391,345 | |||
| Activities for generating | ||||||||
| funds | ||||||||
| Supermarket top up |
and | |||||||
| clothes collections | 6,463 | 6,463 | 5,472 | |||||
| Investment income |
0 | 0 | 0 | |||||
| Income from charitable | ||||||||
| activities | ||||||||
| Food collection | 3 | 425,911 | 425,911 | 252,891 | ||||
| Total income and | ||||||||
| endowments | 780,983 | 180,500 | 961,483 | 649,708 | ||||
| Expenditure | ||||||||
| Costs of generating | funds | |||||||
| Costs of generating | voluntary | |||||||
| income | 4 | 116,747 | 116,747 | 97,176 | ||||
| Notional cost of goods | ||||||||
| distributed | 4 | 504,809 | 504,809 | 252,891 | ||||
| Charitable activities |
64,489 | 180,500 | 244,989 | 148,493 | ||||
| Governance costs |
4 | 3,193 | 3,193 | 613 | ||||
| Total expenditure | 689,238 | 180,500 | 869,738 | 499,173 | ||||
| Net income for the | period. | |||||||
| (Net income before | other | |||||||
| recognised gains) |
91,745 | 91,745 | 150,535 | |||||
| Other recognised gains |
||||||||
| Net movement | in | funds | 91,745 | 91,745 | 150,535 | |||
| Reconciliation offunds |
||||||||
| Total funds brought | forward | 559,448 | 63,102 | 622,550 | 472,015 | |||
| Total funds carried | forward | 651,193 | 63,102 | 714,295 | 622,550 |
| 2023 | 2022 | ||||||
|---|---|---|---|---|---|---|---|
| Notes | E | E | |||||
| Fixed Assets | |||||||
| Tangible assets | |||||||
| Investments | |||||||
| Current Assets |
|||||||
| Stock | 0 | 0 | |||||
| Debtors | 312 | 312 | |||||
| Cash at bank | and | in | hand | 779,908 | 622,798 | ||
| 780,220 | 623,110 | ||||||
| Creditors: amounts | falling | ||||||
| due within one year |
(65,925) | (560) | |||||
| Net current | assets | 714,295 | 622,550 | ||||
| Net assets | 714,295 | 622,550 | |||||
| Unrestricted | funds | ||||||
| General funds |
651,193 | 559,448 | |||||
| Restricted funds |
63,102 | 63,102 | |||||
| Total funds | 714,295 | 622,550 |
| Unrestricte | Restricted | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| cl 2023 | 2023 | 2023 total | 2022 total | ||||||
| Donations | - | members | ofthe public | 337,373 | 337,373 | 258,313 | |||
| Church | donations | 7,871 | 7,871 | 8,593 | |||||
| Grants | 180,500 | 180,500 | 122,761 | ||||||
| Sponsorships | and supermarket | top ui | 9,828 | 9,828 | 7,150 | ||||
| 355,072 | 180,500 | 535,572 | 396,817 |
| ome and | Endowments from ac |
tivities to further t | he Charity's Ob |
|---|---|---|---|
| Unrestricte | |||
| d and 2023 | |||
| total | 2022 total | ||
| Coliection | of 243,378 kg. of non- | ||
| perishable | food, at a deemed | ||
| value of E1.75 per kg. | 425,911 | 252,891 |
| Costs of | Notional | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| generating | costs of | ||||||||||
| voluntary | food | Charitable | Governance | ||||||||
| income | distributed | activities | costs | 2023 total | 2022 total | ||||||
| E | E | E | E | E | E | ||||||
| Costs directly | allocated to | ||||||||||
| activities | |||||||||||
| Staff costs | 116,747 | 116,748 | 233,495 | 154,831 | |||||||
| Advice workers | attending | sessions | 33,886 | 33,886 | 0 | ||||||
| Notional | cost | of non-perishable | food | 504,809 | 504,809 | 270,812 | |||||
| General | office costs | 94,355 | 94,355 | 72,917 | |||||||
| Fees paid | to Trussell Trust | 360 | 360 | 360 | |||||||
| Data protection | and other | fees | 2,633 | 2,633 | 53 | ||||||
| Independent | examination | fees | 200 | 200 | 200 | ||||||
| 116,747 | 504,809 | 244,989 | 3,193 | 869,738 | 499,173 |
| sts and disclosures | ||
|---|---|---|
| Year ended | ||
| 31 March | ||
| 2023 | 2022 total | |
| E | E | |
| Salaries and wages | 218,698 | 145,825 |
| Social security costs | 14,797 | 9,006 |
| 233,495 | 154,831 |
| At 31 March | Income and | At 31 March | ||||
|---|---|---|---|---|---|---|
| 2022 | endowments | Expenditure | 2023 | |||
| E | E | E | E | |||
| Unrestricted funds |
||||||
| General | funds | 559,448 | 780,983 | (689,238) | 651,193 | |
| Restricted funds |
||||||
| Grants | 63,102 | 180,500 | (180,500) | 63,102 | ||
| Trussell | Trust 6120,865 | |||||
| LB Lambeth 675,000 | ||||||
| Walcot | Foundation | E50,000 |