Charity Number 1151705 Company Number 08372107 Mid Cheshire foodb Charity Annual Report & Financial statements for the year ended 31 March 2021 Doc ID.. 6158b77f749b319abff6aOfffOc73b781208ddc1 Mid Cheshire Foodbank Limited Reference and administration information Charity number 1151705 Company number 08372107 Registered office and operational address Unit 14 Winsford Business Centre Barlow Drive Winsford Cheshire CW7 2GN Trustees Trustees who served during the year and up to the date of this report were as follows= Rodger Spurling Paul Bailey Jo Lenderyou Jo Raffertv Sarah Saward Chair Treasurer until September 2020, resigned as trustee l December 2020 Appointed 20 July 2020, Treasurer from September 2020 Peter Schofield Nathan Pardoe Appointed 12 October 2020 Key management personnel The trustees consider themselves to be key management personnel given the size of the charity. Independent Examlner Adrian Phillips FCA, Arlo Accountancy Limited 107 Valley Road Stockport SK4 2DB Doc ID.. 6158b77f749b319abff6aOfffOc73b781208ddc1 Mid Cheshire Foodbank Ltd Trustees, annual report for the year ended 31 March 2021 The trustees present their report and the unaudited financial statements for the year ended 31 March 2021. Included within the trustees, report is the directors. report as required by company law. Reference and administrative information set out on page I forms part of thi5 report. The financial statement5 comply with current statutory requirements. the memorandum and articles of association and the Statement of Recommended Practice Accounting and Reporting by Charities- SORP applicable to charities preparing their accounts in accordance with FRS 102. Objectives and activities The Members, Group met remotely throughout the year but in reduced numbers. Mr David Briggs. MBE. Kstj. Her Majesty's Lord-Lieutenant of Cheshire. continued as the Charity's patron supporting the Charity's work and supported MCFB in finding additional premises. There were several changes to the managerial team during the year with a small number of individuals maintaining the service during very difficult times at the start of the pandemic. This year was marked by Covid 19 which resulted in a total restructuring of the way we provided services, to ensure we could continue to deliver services to those who needed them. Our concern was particularly to safeguard our volunteers. We are indebted to the small number of volunteers who continued to work with us, and to the new offers of help from individuals and companies. We hope that during 202112021 we will be able to welcome back all our original volunteers. Key Facts 8692 people were fed between April 2020 and March 2021. This is a significant increase of 300A over the numbers fed in the previous year and a ITh increase in the number of children fed 3083 vouchers were received this year, an increase of 21% on the previous year. 3 food distribution centres IFDCS) were running during the first half of the year. Namely Christchurch, Town and at the warehouse. These were joined later in the year by Barnton, St John'5, Bethel, Leftwich, the GGO Winsford. the Old School House and Tarporley. 110 tonnes of food were distributed. this was received from a variety of sources. Top 4 Reasons for Referral were.. Low Income, Debt, Benefit Delays and Benefit Changes. Food Donations 110 tonnes of non-perishable food were donated to. or purchased by MCFB during this period, of which 14% came from regular church congregation and school donations, 61% from supermarket collection5 and donations and 25% from public and business donations. There was a good range of sources of donations throughout the year. Despite the pandemic we still had some Harvest Festival collections at churches and schools with 6.1 tonnes donated in October and November2020. The Warehouse remained busythroughoutthe yearwith donations of over 8 tonnes of food in 10 out of the 12 months of the year, with the month5 of May and December receiving 18 and 13 tonnes respectively. We have also been very pleased this year to have received regular donations offresh bread from Roberts Bakery, f resh fruit and vegetables from Eat Fruit Ltd and milk from Delamere Dairy Ltd. These have been very popular with those using our services. We have also continued to purchase fresh fruit and vegetables and egg5. The Chocolate Shop in Tarporley also made excellent regular donations throughout the year. Doc ID.. 6158b77f749b319abff6aOfffOc73b781208ddc1 Mid Cheshire Foodbank Ltd Trustees, annual report for the year ended 31 March 2021 As a consequence of the national arrangements made by the Trussell Trust we received generous donations of food from the big supermarkets-Tesco, Morrisons, ASDA. B&M and the COOP. We have continued to have permanent collection boxes in Tesco, ASDA, Waitrose and Sain5bury's stores in Northwich, in Sainsbury's Local at Hartford. in ASDA Winsford and in a number of COOP and Spar stores and other locations. The Abbeycroft Veterinary Practice and St Helens Church Witton in Northwich, St Mary's Church Weaverham and All Your Appliances in Winsford continued as a food collection points throughout the vear. Whilst food donations have been far greater than the previous year {74 tonnesl there has been an increased need for MCF8 to purchase a significant amount of stock items and we were extremely fortunate to receive both monetary donations and grants to cover this cost. Throughout the year stock purchases increased to 17.2°A of all stock in. This enabled us to keep pace with the phenomenal demand for food parcels. Stock purchases were at their highest during the month of June11.5 tonnesl but were consistently high for the first half of the year between April and September when approximately I tonne of food was purchased for each of these months. At the Start of the pandemic it was deemed unsafe for individuals to bring donations to the warehouse; instead they were asked to donate at any of the permanent collection points. As a result, we saw a reduction of donations at the end of the year but this was more than made up for with the very generous donations from the big supermarkets. We also were fortunate to receive a significant number of monetary donations/grants. This enabled us to fund additional food purchases where we needed to. Warehouse The warehouse received 110 tonnes of food throughout the year as outlined above and due to the huge demands on our services it also issued over 8tonnes for 8 out ofthe 12 months. The months of April and May and then November through to March bein8 the busiest periods. Again, this year, Barclays plc IGadbrook Parkl volunteers were unable to help with a stocktake in March. The Trustees agreed to delay the stocktake for six months. MCFB Premises MCFB is located at Unit 14, The Business Centre, Barlow Drive, Winsford, CW7 2GN and this is our Registered Charity address. Both Warehouse and Off ice are housed here. Duringtheyearwe also partoccupied premises at the Old School House, Lostock to enable us to cope with our stock levels Volunteers By 31 March 2021 the volunteer database was as follows= Active 90 8arclays NIA Inattive 32 Doc ID.. 6158b77f749b319abff6aOfffOc73b781208ddc1 Mid Cheshire Foodbank Ltd Trustees, annual report for the year ended 31 March 2021 At the beginning of the year three quarters of our regular volunteers stood down due to the pandemic. However, we received lots of interest from new, younger volunteers and thanks to a small group the service was maintained. and later in the year more, new volunteers joined us to enable us to operate to meet all the demand on us. By the end of the year 90 volunteers were allocated to our food distribution centres IFDCI, the warehouse/Old School House, or to driving, collerting or delivery duties. The teams in the warehouse/Old School House prepared pre-packed parcels of food and those in the FDC5 passed food parcels to people using the foodbank in a Covid safe way. Training for all volunteers moved on line. Once some of our older volunteers have been vaccinated, we may see them return; but it is likely that there will be an on-going need to train further volunteers. This year a150 Saw the purchase of two vans, one following a very generous donation from the Holroyd Foundation (with supporting work done by C&C Vehicle Services and TPSI- the other funded through lot5 of Smaller donations. The warehouse core team comprises 13 volunteers and during the year there were only 2 people in each team to enable social distancing This team managed the incoming and outgoing stock and made up the pre- packed food parcels. There was an off ice team of 4 volunteers, which was increased to 5 at the end of the vear. The team is responsible for entering data in the Trussell Trust system, managing the email account, as well as the general administration of MCFB. The office team worked remotely for most of the year. For the first half of the year the Fire Service provided much needed support collectin8 and deliverin8 food and without them it would have been very difficult to maintain a service. The small teams of volunteers who empty the permanent box at ASDA Winsford and Northwich, Tesco, Waitrose and Sainsbur¢s Local on a regular basis returned in September. The Barclays volunteers are a special category as they provided invaluable help during the stocktake and we hope to see them back. MCFB continues to be run solely by volunteers. The onset of Covid-19 meant a significant change to the way we operated our services. The Trustees are all very grateful to the Fire Service and the small team of volunteers who have kept MCFB running, and able to support people at this very challenging time. Food Distribution Centres At the start of the year only Northwich Town, Christchurch and the Warehouse were providing FDC services. As we moved through the pandemic the Trustees have kept the number. location and timing of FDCS under review. From July onwards Barnton, St John's. Bethel and Leftwich (early evening) were able to re-open. A new centre was opened at the GGO Winsford operating over the early evening period and towards the end of the year a centre at Tarporley commenced provided out of one of the vans. Doc ID.. 6158b77f749b319abff6aOfffOc73b781208ddc1 Mid Cheshire Foodbank Ltd Trustees, annual report for the year ended 31 March 2021 People by FDC FY20/21 Barnton Bethel Christ Church Fire Service Delivery Greenbank I Leftwich Adults OSH I Northwith Town St Johns St Joseph Tarporley Mobile Unknown Children Scrt) Isthj 2000 2500 Based on the number ofvouchers received, Northwich Town wasthe busiest centre closelyfollowed by Christ Church. The number of home deliveries was next followed by the GGO and then St John's. 3083 vouchers were fulfilled by the FDCS. this is a 21% increase on the previous year. The percentage split of voucher5 between the Winsford and the Northwich locations was very similar, with the remainder being f ulfilled through home deliveries. Where vouchers are presented is not always an accurate reflection of where people live. Some will come a significant distance, possibly to avoid being recognised, or come to the centre that is open on the day they receive the voucher. Or at a time that is convenient. Based on the number of people fed, the pattern across the FDCS alters slightly with St Johns feeding slightly more people than the GGO. Throughout the year MCFB worked exclusivelyon an e-vouchersystem supported by an appointments System to facilitate the safe collection of food. We plan to continue these arrangements for the f uture. During the vear we have worked closely with referrers and especially the Citizens Advice Bureau to ensure that all those in need of a voucher were able to obtain one and the Trustees are grateful to Sean for hi5 dedication and support. Doc ID.. 6158b77f749b319abff6aOfffOc73b781208ddc1 Mid Cheshire Foodbank Ltd Trustees, annual report for the year ended 31 March 2021 Voucher Fulfilled / People Fed and Average Fed / Voucher (right axis) 1200 3.50 iooo 800 2.50 2.00 1.50 1.00 600 Voucher 400 200 0.50 People No/Voucher Monthly Vouchers Fulfilled and People Fed 1200 iooo 800 600 400 Voucher 200 People People Fed per Voucher 3.50 No/voucher 0.50 Apr May Jun Jul Aug Sep Month Ort Nov Dec Jan Feb Mar Doc ID.. 6158b77f749b319abff6aOfffOc73b781208ddc1 ||||||||| |---|---|---|---|---|---|---|---| ||||||||| ||||||||| ||||||||| ||||||||| ||||||||| ||||||||| ||||||||| ||||||||| ||||||||| ||||||||| ||||||||| ||||||||| ||||||||| |||||||||  Mid Cheshire Foodbank Ltd Trustees, annual report for the year ended 31 March 2021 Crisis Low Income Debt Benefit Delays Benefit Changes Sickness No recourse to public funds Homeless l Oelayed Wages Child Holiday Meals Domestic Violence Refused STBA l Other The top 4 reasons for client referrals were Low income168.5%1. Debt16.9%1, Benefit delay16.6%1 and Benefit change13.8%1 which collectively account for 86% of individuals receiving vouchers. In the last year low income remained the number one reason for referral with Oebt remaining the second highest reason. This year saw a signif icant increase in the numbers for whom no recourse to public funds was the main reason for referral. .Family Classification Around 35% of the vouchers were presented by single people. with families making up nearly 39% of all people fed. Family Size gle Parert Couplè Family Other Single Single Parent Other Doc ID.. 6158b77f749b319abff6aOfffOc73b781208ddc1 Mid Cheshire Foodbank Ltd Trustees, annual report for the year ended 31 March 2021 Referrers During the year we again saw a number of new organisations start to issue vouchers. As a result, the number of referring organisations increased during the year with 132 organisations registered to use e-vouchers. 65% of referrers are statutory agencies, e.g. Job Centre Plus, CWAC agencies, Children's Centres, Schools, Doctors, surgeries,. 23% are charities, e.g. Citizens Advice Bureau, and For Futures and the remainder comprise churches, community groups and others. Referral Agency Sector Charity Church Community group Statutory agencv unity 8 Voluntary agency The role of the Referrers 15 critical to US as they know the clients and their circum5tance5 and they act a5 gatekeepers to ensure the food goe5 to those in crisi5/real need. The top ten referrers Shown above issue 73% of all vouchers redeemed and cover 70.5% of all people fed. Based on the number of vouchers issued, the CAB Northwich was the largest referrer14931 followed by the CWAC Help Team14511, CAB Winsford14431, Weaver Vale Housing Trust12271 and Cheshire and Greater Manchester Rehabilitation Team11341 These organisations between them issued 57% of all vouchers redeemed. At the start of the year, we moved exclusively to the use of e-vouchers. This made it easier for both referring organisations to issue, and for clients to access, our vouchers and our services. We also incorporated our e-vouchers with an appointments System allowing individuals to book a timed slot for the collection of their food. If individuals were self- isolatin& we also introduced a timed delivery service. Doc ID.. 6158b77f749b319abff6aOfffOc73b781208ddc1 Mid Cheshire Foodbank Ltd Trustees, annual report for the year ended 31 March 2021 Public Benefit Report Purpose MCFB'S stated aim is to provide relief to individuals and families in crisis in Mid Cheshire and surrounding areas, through the provision of a sustainable foodbank and associated activities. Key Activities 2020121 MCFB fed 8692 people15363 adults and 3329 children) MCFB collected 110 tonnes of food from donors and purchases MCFB received 3083 vouchers from its referring partners MCFB operates through 9 Food Distribution Centres 3 in Winsford and 5 in Northwich and l in Tarporley Public Benefit The Trustees have taken account of the Charity Commission's guidance on public benefit when reviewing the aims and objectives and in planning future MCFB activities. The Trustees have taken note of the following: The information published in Cheshire West and Chester Council's Borough Report for 2019, indicated that.. 16 of its neighbourhoods rank in the IO% most deprived in England 2 neighbourhoods lone of which is Winsford Over and Verdin Ward) rank in the 2% most deprived in England 13.4% of primary school pupils and 11.8% of secondary school pupils are eligible for free school meals More than one fifth (22.7%) of residents in employment work part time This information shows that we are providin8 services in an area showin8 some si8nificant deprivation, and, indicates why, some of the population need to access our services. The top 4 reasons for referrals to MCFB were Low Income. Debt. Benefit Change and Benefit Delay with the largest increase in the previous year bein8 for low income and debt. The Legatum Institute. using Social Metrics Commission figures, reported in December 2020 that, since the pandemic began, the number of people in the UK living in poverty had risen to more than 15 million. Also, that the economic crisis put an extra 700,000 people into poverty (J'ust over half of these had income up to 25% below the poverty line. and 270,000 of them had slipped more than 50% below known as deep poverty). The Financial Conduct Authority reported that l in 4 adults have been left f inancially vulnerable as the fallout from Covid-19 drives more people into debt. Redundancies rose at the fastest rate on record and millions of people earned less on furlough. MCFB was able to provide a service to these additional individuals and families in crisis as a result of the pandemic and so benefiting the appropriate members of the local community in line with our aims. The trustees review the aims, objectives and activities of the charity each year. This report look5 at what the charity has achieved and the outcomes of its work in the reporting period. The trustees report the success of each key activity and the benefits the charity has brought to those groups of people that it is set up to help. io Doc ID.. 6158b77f749b319abff6aOfffOc73b781208ddc1 Mid Cheshire Foodbank Ltd Trustees, annual report for the year ended 31 March 2021 The review also helps the trustees ensure the charity's aims. objectives and activities remained focused on its stated purposes. The trustees have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the charity's aims and objectives and in planning its future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives that have been set. Financial review The Accounts for the year ending 31" March 2021 show a significant increase in both income and expenditure all due to the Covid pandemic. Our funds carried forward have increased from £80,441 to £258,460 and the reserves policy has been reviewed and updated. Income of £444,324 12020.. £159,115) included a significant increase in financial donations which totalled £250,268 12020.. £48,267) for which we are extremely grateful. This includes.. £64.510 of grant funding 12020.. £7.0001 which included grants from the Trussell Trust, Steve Morgan Foundation, Cheshire West and Chester. Cheshire Community Foundation, National Lottery, INEOS, Coop and The Holroyd Foundation £54,77512020: 20,0521 of donations from local companies, churches and charities £119,89712020.. £16.0191 from individuals which included fund raising event5 held for our benefit and an Increase in our number of regular standing order donors As a result of the increase in donations our gift aid, supermarket top up funding and bank interest increased One of the grants I£IO,0001 was restricted for the purchase of a van which was purchased during the year. The balance of the increase in income was due to an increase in stock donated and given out in the year of £194,056 12020.. £110,848). Expenditure of £266,30512020.. £144,264) includes the stock donated and given out with the balance being financial expenditure of £72,24912020.. £33,416) which includes: Stock purchases of £44,73312020.. £15,9151 to buy items when needed due to shortages in donations and also to provide fresh fruit, vegetables, eggs, bread and some 5ea50nal food at Christmas and Easter which we know were very much appreciated Other expenditure £27.51612020: £12,569) included 4 months running costs of one van, rental of additional warehouse space and higher administration and operating costs due to demand Reserves policy Given the current uncertain economic climate and the potential impact of the end of the furlough scheme later this financial year the Trustees believe that the increase in free reserves to £238,413 is appropriate. Total expenditure in the past year was £226,305 and the generous financial donations and Covid support grants are not expected to continue. Excluding donated stock the operating expenditure for the year was £72,249. The Foodbank now has two vans to run with additional costs of £IO,OOOpa, is looking at larger premises which would increase costs by approximately £20,OOOpa and is actively considering whether appropriate to employ people which would have a significant impact on reserves. The Trustees continue to actively review the reseThes position and policy and to decide if it is appropriate to apply for further grants if they become available. li Doc ID.. 6158b77f749b319abff6aOfffOc73b781208ddc1 Mid Cheshire Foodbank Ltd Trustees, annual report for the year ended 31 March 2021 Structure, governance and management The Trustees regularly review the governance of the Foodbank and conducted a skills audit which is used when recruiting new Trustees. Volunteers and referrers with the skills required are asked if they would to join the Trustee Board. New Trustees are elected by the Members at the AGM but can a150 be co-opted by the other Trustees within the year. The organisation is a charitable company limited by guarantee. incorporated on 23 January 2013 and registered as a charity on 19 April 2013. The company was established under a memorandum of association which established the objects and powers of the charitable company and is governed under its articles of association. Members of the charity guarantee to contribute an amount not exceeding £10 to the assets of the charity in the event of winding up. The total number of such Ruarantees at 31 March 2021 was 1012020-91. The trustees are members of the charity but this entitles them only to voting rights. The trustees have no beneficial interest in the charity. All trustees give their time voluntarily and receive no benefits from the charity. Any expenses reclaimed from the charity are set out in note 8 to the accounts. Related parties and relationships with other organisations Mid Cheshire FoodbanklMCFBI is one of a network of Foodbank's affiliated to the Trussell Trust. It operates under the framework of the Trussell Trust and complies with the processes and procedures set out in the Operating Manual. MCFB has built up significant relationships with other organisations locally, working to support those in food povertv namely the Citizens, Advice Bureau, Cheshire Food Hub, the Community Grocery and the Fresh Start Babybank. Although each of the organisations operates independently, we work together to provide mutual benefit and to 5UPPQrt the users of our services. We have a key relationship with each of our referring organisations as they enable people to access our services. We work most closely with our main referrers who are supporting individuals in a range of areas such as housing, finance and debt management in an attempt to alleviate poverty- 12 Doc ID.. 6158b77f749b319abff6aOfffOc73b781208ddc1 Mid Cheshire Foodbank Ltd Trustees, annual report for the year ended 31 March 2021 Statement of responsibilities of the trustees The trustees {who are also directors of Mid Cheshire Foodbank Ltd for the purposes of company lawl are responsible for preparing the trustees, annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards {United Kingdom Generally Accepted Accounting Practice). Company law requires the trustees to prepare financial statements for each f inancial year which give a true and fair view of the state of affairs of the charitable group and of the incoming resources and application of resources, including the income and expenditure, of the charitable group for that period. In preparing these f inancial statements, the trustees are required to: Select suitable accountin8 policies and then apply them consistently Observe the methods and principles in the Charities SORP Make judgements and estimates that are reasonable and prudent State whether applicable UK Accounting Standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation The trustees are responsible for keeping proper accounting records that disc105e with reasonable accuracy at any time the financial position of the charitable group and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. This report has been prepared in accordance with the provisions applicable to companies subject to the small tompanies, regime of the Companies Act 2006. The trustees, annual report has been approved by the trustees on 19 July 2021 and signed on their behalf by *A JF4 Rodger Spurling Chair 13 Doc ID.. 6158b77f749b319abff6aOfffOc73b781208ddc1 Mid Cheshire Foodbank Ltd Independent Examiners report for the year ended 31 March 2021 Report to the trusteeslmembers of Mid Cheshire Foodbank Ltd I report on the accounts of the charity for the year ended 31 March 2021 set out on pages 15 to 26. Respective responsibilities of trustees and exarniner The charity's trustees are responsible for the preparation of the accounts. The charivs trustees consider that an audit is not required for this year under section 144 of the Charities Act 20111.the Charities ACV'I and that an independent examination is needed. The charity's gross income exceeded £250.000 and l am qualified to undertake the examination by being a qualified member of the Institute of Chartered Accounts England and Wales IICAEWI. It is my responsibility to.. examine the accounts under section 145 of the Charities Act, to follow the procedures laid down in the general Directions given by the Charity Commission (under section 14515llbl of the Charities Act, and to state whether particular matters have come to my attention. Basis of independent examinerfs statement My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual item5 or disclosure5 in the accounts, and seeking explanations from the trustees concerning any such matters. The procedure5 undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair, view and the report is limited to those matters set out in the statement below. Independent examlner's statement In connection with my examination, no matter has come to my attention.. which gives me reasonable cause to believe that, in any material respert, the requirements.. to keep accounting records in accordance with settion 130 of the Charities Act,. and to prepare accovnts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been rnet,. or 2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. N-F Adrian Phillips FCA Arlo Atcountancy Limited 107 Valley Road Stockport SK4 2DB 2810712021 14 Doc ID.. 6158b77f749b319abff6aOfffOc73b781208ddc1 Mid Cheshire Foodbank Ltd Statement of Financial Artivities (including Incorne and Expenditure account) for the year ended 31 Marth 20ZI Unrtstri¢ted nds Restritte nds Total fvnds 2021 Vnrestlirte fvnds Restrlrted fvnés rotolfunds 202Q Note Incomèfrom.. Donations and leg3cies 433,B71 I43￿71 1546 158,644 Investments 453 453 471 471 Toial lThtome 434.514 444.324 159.115 159.115 Éxpendlture on.. 265,404 9Ji 266.305 144.264 144,264 rotal expenditure 265,404 *1 266.305 144.264 144,264 14et In¢omellexpendfjrurnlfoitheyear 168.910 17U119 14.851 14,851 Transfer between fund5 19JI391 rt M0￿Ment In lundsfor t￿y•ll In.019 1rt019 14.851 14.¥51 Re¢onclll•tlon ol lunds Tot31 fund5 brought forward 80,441 .441 65,55k7 65.59Q Total lundsuthed forward 258,4 ,441 80,441 statement of linancial adivities Intludes all 88ins and1055es rtC¢￿I$*d in theyear. All income and expenditure derivefrom continuing aasis The trustees have reviewed the charity's forecasts and projections and in particular have considered the potential implications of the Coronavirus ICOVID-191 pandemic. Whilst the eventual financial impact of the pandemic on the tharity, and on the overall economy, remains uncertain, the trustees are confident that the charity will be able to remain operational throughout the pandemic. However. it has now reviewed its expenditure and projects and. based on donor commitments already received or confirmed at the date of approval, and its reserves, the trustees are confident that the charity can continue to fulfil its commitments to beneficiaries The charity therefore continues to adopt the going concern basis in preparing its financial statements. Doc ID.. 6158b77f749b319abff6aOfffOc73b781208*1 Mld Cheshire Foodbank Ltd Notes to the accounts for the year ended 31 March 2021 (continued) d Income Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the itemlsl of income have been met. it is probable that the income will be received arbd the amount can be measured reliably. Income from government and other grants. whether'capital, grants or'revenue, grants, is recognised when the charity has entitlement to the funds. any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred. Income received in advance of a provision of a specified service is deferred until the criteria for income recognition are met. e Donated servlces and facS1itles Donated professional services and donated facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP IFRS 1021, general volunteer time is not recognised; refer to the trvstees, annual report for more information about their contribution. On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market,. a corresponding amount is then recognised in expenditure in the period of receipt. f Interest recelvable Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity- this is normally upon notification of the interest paid or payable by the Bank. g Fund accounting Unrestricted funds are available to spend on activities that further any of the purposes of charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charivs work or for specific projects being undertaken by the charity. Doc ID.. 6158b77f749b319abff6aOfffOc73b781208* Mld Cheshire Foodbank Ltd Notes to the accounts for the year ended 31 March 2021 (continued) h Expenditure and irrec(werable VAT Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party. it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following attivity headings= Expenditure on charitable activities includes the costs of running a foodbank and providing services to beneficiaries. Other expenditure represents those items not falling into any other heading. Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred. l Operating leases Operating leases are leases in which the title to the assets, and the risks and rewards of ownership, remain with the lessor. Rental charges are charged on a straight line basis over the term of the lease. Tan8lble tlxed assets Individual fixed assets costing £500 or more are capitalised at cost and are depreciated Motor vehicles Office fixtures and computer equipment 25% 25% Doc ID.. 6158b77f749b319abff6aOfffOc73b781208*b1 Mld Cheshire Foodbank Ltd Notes to the accounts for the year ended 31 March 2021 (continued) k Stock In accordance with the SORP, donated items for distribution are recognised in the accounts only when distributed from the warehouse. Thus when the value of stock distributed is calculated as expenditure, an equal amount is stated as income from donations. The stock in the warehouse at 31st March 2021 is not required to be recorded in the balance sheet, but, to give a clearer picture of the charity it is noted here that the value of the stock held in the warehouse at 31st March 2021 was £39,200. The stocktake scheduled for the end of March was not able to be undertaken due to the coronavirus lockdown situation. and it was agreed to undertake the next stocktake as planned in July 2021. l Debtors Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade di5count5 due. m Cash at bank and in hand Cash at bank and cash in hand includes cash and short term highly liquid investment5 With a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. n Credltor5 and provlslons Creditor5 and provisions are recognised where the charity has a present obligation resultin8 from a past event that will probably result in the transfer of funds to a third party and the amount due to Settle the obligation can be measvred or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. o Financial instrumen15 The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value. Legal status of the charlty The charity is a company limited by guarantee registered in England and Wales and has no share capital. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £10 per member of the charity. The registered office address is disclosed on page l. Doc ID.. 6158b77f749b319abff6aOfffOc73b781208*lf ¢no o ID rfj C* U) O Ln ln OJ m o Ln Mld Cheshire Foodbank Ltd Notes to the accounts for the year ended 31 March 2021 (continued) Analysis of expenditure on charitable artivities Total 2021 Tot¢712020 Donated stock items Purchased stock Warehouse Rent Warehouse running costs Oistribution centre costs Vehicle running costs Insurance Depreciation Governance costs Administration costs 194,056 44,733 110,848 15,915 6,0( 5,679 226 7,901 481 2,431 S84 1,557 1,048 7,514 742 232 48 4,574 266,305 144,264 Restricted expenditure Unrestricted expenditure 901 265,404 144,264 266,305 144,264 Net Incomellexpendlturel for the year This is stated after chargingllcreditingl.. 2021 2020 Depreciation Operatin8 lease rentals.. Property Independent examiner's fee 1,557 232 Doc ID.. 6158b77f749b319abff6aOfffOc73b781202Sdc1 Mid Cheshire Foodbank Ltd Notes to the accounts for the year ended 31 March 20211continuedl Staff costs The charity does not have any employees The key management personnel of the charity are the trustees. The total employee benefits of the key management personnel of the charity were £nil12020'. £nill. Trustee remuneration and expenses, and related party transartions Neither the management committee nor any persons connerted with them received any remuneration or reimbursed expenses during the year12020.. Nill. No members of the management committee received travel and subsistence expenses during the year of £nil12020.'£nill. Aggregate donations from related parties were £nil12020.. £nill. There are no donations from related parties which are outside the normal course of business and no restricted donations from related parties. During the year the son of P Bailey was paid £1,930 in respert of mileage and work undertaken as a driver. Owing to the limitations of available drivers during the UK lockdown due to Covid-19 the trustees are satisfied that this was a reasonable arms length cost and represented best value to the charity. Corporatlon tax The charity is exempt from tax on income and gains falling within Chapter 3 of Part 11 of the Corporation Tax Att 2010 or Section 256 of the Taxation of Chargeable Gains Att 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen in the tharity. Doc ID.. 6158b77f749b319abff6aOfffOc73b781202Sdc1 Mid Cheshire Foodbank Ltd Notes to the accounts for the year ended 31 March 2021 (continued) 10 Fixed a5sets'. tangible assets Motor Vehicles Computer equipment Total Cost At l April 2020 Additions Disposals 979 576 979 21,222 20,646 At 31 March 2021 20,646 1,5SS 22,201 Depreclatlon At l April 2020 Charge for the year Oisposals 597 406 597 1,557 1,151 At 31 March 2021 1,151 1,003 2,154 Net book value At 31 March 2021 19,495 552 20,047 At 31 Murch 2020 382 382 11 Debtors 2021 2020 Other debtors Prepayments and accrued income 5.361 4,712 1,479 10,073 1,479 12 Cash at bank and In hand 2021 2020 Short term deposlts Cash at bank and on hand 31,332 198,612 30,879 48,067 229,944 78,946 Doc ID.. 6158b77f749b319abff6aOfffOc73b781202$dc1 Mid Cheshire Foodbank Ltd Notes to the accounts for the year ended 31 March 20211continuedl 13 Creditors: amounts falling due within one year 2021 2020 Other creditors and accruals 1,604 366 1,604 366 14 Analysis of movements in restrirted fvnds Balance at I April 2020 Balante at 31 March 2021 Income Expenditure Transfers Holroyd Foundation io,ocM) 19011 19,0991 Total iO,OQK) 19011 19,0991 Name ot restrlcted fund Descrlptlon, nature and purposes of the fund Holroyd Foundation To fund the purchase of a van in the year 15 Analysls of rnovement In unrestrirted funds Balance at I April 2020 Asat31 March 2021 Income Expenditure Transfers General fund 80.441 434,324 126S,4041 249,361 Designated Fixed assets 9,099 9,099 80,441 434,324 1265,4041 9,099 258,460 Comparatlve perlod Bolance at Income Expenditure Transfer5 Asat31 Generolfund 65,590 159,115 1144,2641 80,441 65,590 159,115 1144.264) 80,441 Doc ID.. 6158b77f749b319abff6aOfffOc73b7812024dc1 Mid Cheshire Foodbank Ltd Notes to the accounts for the year ended 31 March 20211continuedl Name of unrestricted fund Description, nature and purposes of the fund General fund The free reserves after allowing for all designated funds Designated Fixed Assets Funds held specifically in relation to fixed assets 16 Analysls of net assets between funds General fund Designated funds Restricted funds Total 2021 Tangible fixed assets Net current assets/lliabilitiesl 10,948 238.413 9,099 20,047 238,413 Total 249,361 9,099 258,460 Comparative perlod General fund Designated funds Restricted funds Total 2020 Tangible fixed assets Net current assets/lliabilitiesl 382 80,059 382 80,059 Total 80,441 80,441 Doc ID.. 6158b77f749b319abff6aOfffOc73b781202édc1