Charity Number 1151705 Company Number 08372107 Mid Cheshire foodb Mid Cheshire Foodbank Limited Annual Report & Financial statements for the year ended 31 March 2023 Doc ID.. 1ef4660b8dc7015d893068b1b98316fb1370fa8f
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: Peter Schofield Chair Rodger Spurling Jo Lenderyou Jo Raffertv Sarah Saward Resigned 18 July 2022 Treasurer Resigned 15 May 2023 Resigned 15 May 2023 Appointed 13 June 2022 Nathanial Pardoe Anthony Taylor Key management personnel The trustees consider themselves to be key management personnel given the size of the charitv. Independent Examlner Adrian Phillips FCA, Arlo Accountancy Limited 107 Valley Road Stockport SK4 2DB Doc ID.. 1ef4660b8dc7015d893068b1b98316fb1370fa8f
Mid Cheshire Foodbank Ltd Trustees, annual report for the year ended 31 March 2023 The trustees present their report and the unaudited financial statements for the year ended 31 March 2023. 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 this report. The financial Statements 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 Purpose and aims.. Mid Cheshire Foodbank IMCF81 exists to provide relief to individuals and families in crisis in Mid Cheshire and surrou nding areas, through the provision of a sustainable foodbank and associated activities. In order to fulfil its objectives, Mid Cheshire Foodbank provides emergency food supplies for those in crisis, as identified by our referral agencies. The foodbank has continued to provide food, toiletries and household goods to those who are in need of urgent help. MCFB also provides fresh fruit, vegetables, eggs and bread. The parcels provided will Support an individual or family for up to 5 days and repeat parcels can be provided whilst ind ividuals are being helped by the relevant agency. The trustees review the aims and objectives of the Charity each year. This report looks at what the charity has achieved and the outcome 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 it is set up to help. The review also helps the trustees ensure the charity's aims, objectives and activities remained focused on its Stated purpose. The trustees have referred to the guidance contained in the Charity Commission's general guidance on public benef it 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. Achievements and performance The charity's main activities and who it tries to help are described below. All its charitable activities focus on the provision of emergency food for those in need and are undertaken to further MCF8's charitable purposes for the public benefit. Our donations of food and money come from 5 main sources- Permanent collection points in local supermarkets Regular monthlY/annual collections in 3 major supermarkets Harvest festival collections from churches and schools Regular and one-off donations from individuals, schools, churches and local businesses Monetary donations from individuals and organisations Much of the food donated is collected by volunteers in one of our vans but food is also dropped off at our warehouse in Winsford and at the Old School House in Northwich. All the food is then sorted ready for distribution. MCFB operates solely through volunteers who work in administration. warehousing, driving, collecting food or distributing food through one of our 13 food distribution centres 4 of which are provided by a mobile van service. Doc ID.. 1ef4660b8dc7015d893068b1b98316fb1370fa8f
Mid Cheshire Foodbank Ltd Trustees, annual report for the year ended 31 March 2023 Annual Statistics Number of parcels provided for children 2022123 3,992 2021122 3,812 Number of parcels provided for adults 5,315 5,118 Total number of food parcels 9,307 8,930 Total food distributed to local people 125,236kg 126,193kg Total food received. Food is split by % purchasedl% from supermarkets1% from schoo15, churche5, businesses, charities and individuals 135,519kg 24%145Yo131% 112,864kg 32Yo136%132Y, Total food purchased by MCFB 33,481k8 36,089kg Number of referral agencies 158 150 8iggest reason for referral - low income 56.3% 68.3% Number of volunteers 169 145 Beneflclarles of our servlce MCFB mainly operates within Cheshire West and Chester ICWACI, which in October 2020 declared a Poverty Emergency and in 2023 launched its "A Fairer Future strateg aiming to reduce poverty over the next 10 vears. It cited a number of facts relevant to the activities of MCFB and the beneficiaries of our services 7,267 children112% of the children in the borough) aged O- 5 lived in low- income families in CWAC 24,000 residents in the borough live in neighbourhoods ranked as being in the IO% most deprived in England. One of these in Winsford is in the 2% most deprived in England The biggest reason for referral to MCFB was low income so we believe our services are reaching many of these children and families The highest levels of deprivation within the borough are concentrated in urban areas including in the towns of Northwich and Winsford MCFB has Distribution Centres across these areas helping people to access food In 2020/21 (latest data available to CWAC at the time of the report) 22,427 food parcels were distributed to residents of the borough with 8,814 to children In that period, MCFB provided approximately 30% of these food parcels. The Trustees have reviewed the above information. which confirms that we are providing services in areas of significant need and benefitting members of those communities. Doc ID.. 1ef4660b8dc7015d893068b1b98316fb1370fa8f
Mid Cheshire Foodbank Ltd Trustees, annual report for the year ended 31 March 2023 Financial Review The Accounts for the year ending 31st March 2023 show an increase in both income and expenditure compared with the prior year. The reserves policy has again been reviewed and updated as a result of this. Donated stock is included in both income and expenditure. Stock donations have increased by 21,387kg and the value per kg has increased from £1.75 to £2.37. Oonated stock £226.12412022 £129,542) Income of £369,75012022 £210,589) includes donated stock plus £18,622 12022 nil) of grants from the Trussell Trust for specific projects, the majority of this was restricted funds £3 1,64012022 £10,931) of donations from local companies, charities and churches £68,OS412022 £53,457) from individuals which included fund raising events held on our behalf and an increase in standing order donations As a result our gift aid increased and higher instore supermarket donations resulted in an increase in supermarket top up payments Expenditure of £346,22412022 £221,084) includes donated stock with the balance being £59,08312022 £59,415) stock purchases were flat due to a short term project whereby the foodbank has received free weekly orders from a supermarket and the benefit of regular SLJpermarket collection days £47,28212022 £32,128) other expenditure has increased and includes additional rent and operational items for the warehouse Reserves policy Given the sharp increase in the cost of living over the last year, continued high usage of the foodbank and recent reductions in the donations received the Trustees believe that the current free reserves of £271,761 12022 £248,235) are appropriate. Excluding donated stock the expenditure for the year was £120.10012022 £91,542). Stock purchases remain high as food prices have increased. The Trustees have spent the year searching unsuccessfully for 3 much needed larger warehouse from which to operate. A move to a larger premises would increase costs by circa £20,000 per annum. Mid Cheshire Foodbank is currently run entirely by volunteers the Trustees consider it may be appropriate and necessary to employ people in future years which would impact reserves. The Trustees continue to actively review the reserves posltion and to decide if it is appropriate to apply for grants. Doc ID.. 1ef4660b8dc7015d893068b1b98316fb1370fa8f
Mid Cheshire Foodbank Ltd Trustees, annual report for the year ended 31 March 2023 Plans for the future The Trustees plan to continue running the Mid Cheshire Foodbank on existing lines, namely providing food for those in crisis. They will also continue to work with other organisations providing wrap around services for the people we help to try to ensure that where possible individuals no longer need our services. MCFB currently operates out of 2 warehousing facilities and the trustees have been trying to locate new larger premises where it would be possible to combine all of warehousing activities, and improve the efficiency of our overall service. This remains a priority and the search for a new warehouse will continue into the new financial year. CLJrrently MCFB is staffed solely by volunteers. The trustees are very grateful to all those individuals. However, they are aware that in the future it mi8ht become necessary to employ some key staff and will plan accordinglv. A further area of significant expenditure in the future is the need to plan for the replacement of one of the vans to ensure MCFB is able to continue to operate its services. Structure, governance and management Mid Cheshire Foodbank Ltd 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 objectives and powers of the charitable company, and is governed under its Articles of Association. The directors of the charity are also charity trustees for the purposes of charity law and under the company's articles. Trustees are there as individuals in their own right and not representing any organisation, they are recruited with the aim of achieving a broad range of specialist knowledge, skills and experience to provide governance and legal responsibility for the organisation. There is a body of members who appoint trustees at the Annual General Meeting and hold them to account. The members are representative of organisations who work with the foodbank or they represent various organisations supportive of MCFB aims. The trustees are also members of the charity but this entitles them only to voting rights. The trustees have no beneficial interest in the charity. Members of the charity guarantee to contribute an amount not exceeding £ 10 to the assets of the charity in the event of windin8 UP. All trustees give their time voluntarily and receive no benefits from the charity. No expenses were claimed f rom the charity during the year. U nder the requirements of the Memorandum and Articles of Association, at the Annual General Meeting, one third of trustees, or, if their number is not divisible by three, the number nearest one-third shall retire from off ice. A trustee shall be eligible for re-election. The board of trustees has the power, at any time, to appoint any person to be a trustee. Any trustee so appointed shall hold office until the next Annual General Meeting, and shall then be eligible for election. In a governance health check, undertaken during the year, by the Trussell Trust it was confirmed that MCFB has policies and procedures in place to mitigate risk, a robust financial management process, a safeguarding culture with policies and procedures in place and it has invested time into the safety of its data. Doc ID.. 1ef4660b8dc7015d893068b1b98316fb1370fa8f
Mid Cheshire Foodbank Ltd Trustees, annual report for the year ended 31 March 2023 Related parties and relationships with other organisations There were no related party transactions. The charity is a member of the TrLJssell Trust network of foodbanks, working to tackle food poverty and hLJnger in communities across the UK. The charity works closely with other organi5ation5 and agencies active in the community to identify and support people in need. The top 4 referral agencies during the year were- Cheshire West and Chester Help team Citizens Advice Icheshire Westl Weaver Vale Housing Trust Glebe, Grange and Over Community Group Remuneration policy for key management personnel MCFB is run solely by volunteers. There are no paid employees. Rlsk management In the last year the charity has completed both a Health and Safety and a Fire Risk Assessment. There is a Risk register in place which is reviewed annually. Funds held as custodian trustee on behalf of others No funds were held by the charity as a custodian trustee during the reporting period. Doc ID.. 1ef4660b8dc7015d893068b1b98316fb1370fa8f
Mid Cheshire Foodbank Ltd Trustees, annual report for the year ended 31 March 2023 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 trustee, annual report and the financial statements in accordance with applicable law and U nited Kingdom Accounting Standard5 (United Kingdom Generally Accepted Accounting Practice). Company law requires the trustees to prepare financial statements for each financia1 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 resource5, 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 accounting policies and then apply them consistentlv 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 disclose 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. This report has been prepared in accordance with the provisions applicable to companies subject to the small companies, regime of the Companies Act 2006. The trustees, annual report has been approved by the trustees on 10 July 2023 and signed on their behalf by.. q Fxts£t Peter Schof ield Chair Doc ID.. 1ef4660b8dc7015d893068b1b98316fb1370fa8f
Mid Cheshire Foodbank Ltd Independent Examiners report for the year ended 31 March 2023 Report to the trustees/members of Mid Cheshire Foodbank Ltd I report on the accounts of the charity for the year ended 31 March 2023 set out on pages 9 to 21. Respective responsibilities of trustees and examiner The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 20111"the Charities Act") and that an independent examination is needed. The charitls 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 145lSllbl of the Charities Act, and to state whether particular matters have come to my attention. Basls 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 u nusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures 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 ha5 come to my attention.. which gives me reasonable cause to believe that, in any material respect, the requirements.. to keep accounting records in accordance with section 130 of the Charities Act,. and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met,. or 2. to which, in my opinion. attention should be drawn in order to enable a proper understanding of the accounts to be reached. Adrian Phillips FCA Arlo Accountancy Limited 107 Valley Road Stockport SK4 2DB 2110712023 Doc ID.. 1ef4660b8dc7015d893068b1b98316fb1370fa8f
Mid Cheshire Foodbank Ltd Company number 8372107 Balance sheet as at 31 March 2023 Note 2023 2022 Fixed assets Tangible assets li 9.437 14,742 Total fixed assets 9.437 14,742 Current assets Debtors Cash at bank and In hand 12 13 9.355 226.730 260,342 Total current assets 269,646 236,08S Llabllltlés Creditors.- 3rn0unts falling due In le55 than one year 14 17,3221 12.5921 Net current assets 262.324 233,493 Total assets les5 current Ilabllltles 271.761 248,235 Net assets 271,761 248,235 The fvnds of the ¢harlty: Restricled income funds Unrestricted income funds 15 16 2.205 269,556 248,235 Total charlty fvnds 271.761 248.23S For the year in question, the company was eniiiled to exemption from an audit under section 477 of the Companies Act 2006 relatin8 to small companies. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 01 the Companies Act 2(KJ6. The director5 acknowled8e their responsibilitie5 lor cOrnpn8 with the requirements of the Act with respect to accounting records and the preparatiol) of accounts. Thege accounts are prepared in accordance with the special provisions ot part 15 01 the Companies Act 2006 relating to small companie5 and constitute the annual account5 required by the Comp3nie5 Act 2006 and are for circulation to members ol the company. The notes on pages 11 to 21 form part of these accounts. Approved by the trustees on 10 July 2023 and signed on their behaff by.. TR Lthd0rf Peter Schofield Ichairl Jo Lenderyou (Treasurer) 10 Doc ID.. 1ef4660b8dc7015d893068b1b98316fb1370fa8f
Mid Cheshire Foodbank Ltd Notes to the accounts forthe year ended 31 March 2023 Accounting policies The principal accounting policies adopted, judgments and key sources of estimation uncertainty In the L)reDaration of the financial statements are as follows". a Ba515 of preparation The financial statements have been prepared in accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 issued in October 2019 - Icharities SORP IFRS 1021, the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Companies Act 2006. Mid Cheshire Foodbank Ltd meets the definition of a public benefit entity under FR5102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note. The financial statements are presented irb Sterling which is the functional currency of the charity and rounded to the nearest E sterling. b Judgments and estlmates There are no key judgments made by the trustees in respect of the accounts. The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities within the next reporting period. c Preparatlon of the accounts on a 8oln8 concem basls The trustees consider that there are no material uncertainties about the charitable company's ability to continue a5 a going concern. Doc ID.. 1ef4660b8dc7015d893068b1b98316fb1370fa8f
Mid Cheshire Foodbank Ltd Notes to the accounts for the year ended 31 March 2023 Icontinuedl 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 and the amount can be measured reliablv. 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 t)onated servlces and facilities Donated professional services and donated facilities are recognised 35 income when the charity h35 control over the item, any conditions asSOClated 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 trustees, 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. 12 Doc ID.. 1ef4660b8dc7015d893068b1b98316fb1370fa8f
Mid Cheshire Foodbank Ltd Notes to the accounts for the year ended 31 March 2023 Icontinuedl 8 Fund accounting Unrestricted funds are available to spend on activities that further any of the purposes of charitv. 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 charity's work or for specific projects being undertaken by the charity. h Expenditure and irrecoverable VAT Expenditure is recognised once there is a legal or constructive obligation to make a payment t0 3 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 activity headings.. Expenditure on charitable activities includes the costs of running a foodbank and providing 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 l Operatln8 leases Operating leases are leases in which the title to the assets. and the risks and rewards of ownership, remain with the lessor. Rent31 charges are charged on a straight line basis over the term of the lease. l Tanglble flxed assets Individual fixed assets Costing £500 or more are capitalised at cost and are depreciated over their estimated useful economic lives on a straight line basis as follows: Motor vehicles- 25% straight line Office fixtures and computer equipment- 25% straight line 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. In the current year the value per kg for stock has increased to £2.37 from £1.75. The stock in the warehouse at 31st March 2023 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 2023 was £38.65912022.- £IS.5241. A full stock count was last performed in March 2023. 13 Doc ID.. 1ef4660b8dc7015d893068b1b98316fb1370fa8f
Mid Cheshire Foodbank Ltd Notes to the accounts for the year ended 31 March 2023 Icontinuedl l Debtors Trade and other debtors are recognised at the settlement amoLJnt due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. m Cash at bank and In hand Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. Credltors and provlslons Creditor5 2nd provisions are recognised where the charity has a present obligation resulting from 2 Past event that will probably result In the transfer of fund5 to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. o Flnanclal Instruments 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 al their settlement value with the exception of bank loans which are subsequently measured at amortised cost Using the effective inlerest method. p Prlor perlod correctlon The prior year donated stock income and expenditure has been reduced by £91,296 due to the previous year including purchased stock within the calculation. There has been no change to the total fund5 position or assets and liabilities in that year. 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 respert of the guarantee is limited to £10 per member of the charity. The registered office addre55 is disclosed on page l. 14 Doc ID.. 1ef4660b8dc7015d893068b1b98316fb1370fa8f
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Mid Cheshire Foodbank Ltd Notes to the accounts for the year ended 31 March 2023 Icontinuedl Analysis of expenditure on charitable actNities 2023 2022 Donated stock items Purchased stock Warehouse rent Warehouse operational costs Vehicle running costs Insurance Depreciation Governance costs Administration costs Project expenditure 226,124 59,083 11.947 16.207 8.579 637 5.305 1.068 3,539 13,735 129,542 59,415 9,550 4,464 8,417 833 5,305 898 2,660 346,224 221,084 Restricted expenditure Unrestricted expenditure 16.417 329,807 221,084 346,224 221,084 Net Incomellexpendlturel for the year This is stated after chargin8/lcreditin81'. 2023 2022 Depreciation Operating lease rentals.. Propertv Independent examiner's fee 5,305 5,305 1,020 850 Staff costs The charity does not have any employees The key management personnel of the charity comprise the trustees. The total employee benefits of the key management personnel of the charity were £nil12022.. £nill. 16 Doc ID.. 1ef4660b8dc7015d893068b1b98316fb1370fa8f
Mid Cheshire Foodbank Ltd Notes to the accounts for the year ended 31 March 2023 Icontinuedl Trustee remuneration and expenses. and related party trdnsartion5 Neither the management committee nor any persons connected with them received any remuneration or reimbursed expenses during the year12022= Nil). No member5 of the management committee received travel and subsistence expenses during the year 12022.'£nill. Aggregate donations from related parties were £nil12022.. £nill. There are no donations from related parties which are outside the normal course of business and no restricted donations from related parties. No trustee or other person related to the charity had any personal interest in any contract or transaction entered into by the charity, including guarantees, during the year12022.' nill. Government grants The government grants recognised in the accounts were as follows.. 2023 2022 Cheshire West & Chester Councll 12.CKIO 7,000 12.C¥JO 7,000 10 Corporatlon tax The charity is exempt from tax on income and gains falling within Chapter 3 of Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charge5 have arisen in the charity. 17 Doc ID.. 1ef4660b8dc7015d893068b1b98316fb1370fa8f
Mid Cheshire Foodbank Ltd Notes to the accounts for the year ended 31 March 2023 Icontinuedl 11 Fixed assets: tangible assets Motor Vehicles Computer equipment Total At l April 2022 20.646 1.555 22,201 At 31 March 2023 20,646 1.555 22,201 Depwlatlon At l April 2022 Charge for the year 6.312 5.161 1.147 144 7,459 5,305 At 31 March 2023 11.473 1.291 12,764 Net book value At 31 March 2023 9.173 264 9,437 At 31 Morch 2022 14.334 14, 742 12 Debtors 2023 2022 Other debtors Prepayments and accrued income 5.984 3,320 4,207 5,148 9.304 9,355 13 Cash at bank and In hand 2023 2022 Short term deposits Cash at bank and on hand 82,929 177,413 81,815 144,915 260.342 226,730 18 Doc ID.. 1ef4660b8dc7015d893068b1b98316fb1370fa8f
Mid Cheshire Foodbank Ltd Notes to the accounts for the year ended 31 March 2023 Icontinuedl 14 Creditors.. amounts falling due within one year 2023 2022 Other creditors and accruals 7.322 2.592 7.322 2.592 15 Analysls of movements in restrirted funds Bolonce ot 31 March 2023 Bolance ot I April 2022 Income Expenditure Transfers Financial Inclusion Together for change Trussell Trust Winter 10.526 3.096 18.321J (3.096) (5,000) 2,205 Total 18.622 (16,417) 2,205 Name of restrlcted fund Descrlptlon, nature and purposes of the fund Trussell Trust- Fin?ncial Inclusion A project with Citizen's Advice to help move users away from foodbanks, cookery courses and worrying about money support leaflets Trussell Trust Together for change To fund the purchase of volunteer uniform and a volunteer recognition event To fund the purchase of winter blankets and socks, quick cook food, shopping Trussell Trust- Winter bags with wheels and additional storage costs Comporotlve perlod There were no restricted funds in the year ending 31 March 2022. 19 Doc ID.. 1ef4660b8dc7015d893068b1b98316fb1370fa8f
Mid Cheshire Foodbank Ltd Notes to the accounts for the year ended 31 March 2023 Icontinuedl 16 Analysis of movement in unre5trirted funds Balance at I April 2022 A5at31 March 2023 Income Expenditure Transfers General fund Designated fixed assets 241,297 351,128 1329.8071 2,161 264,779 6.938 12,1611 4,777 248.235 351.128 1329.8071 269,556 Comparotlve perlod Bolance ot l April 2020 Asat31 Mt7rch 2022 Income Expenditure Transfer5 General fund Designated fixed assets 249,361 302.155 (312.380J 2,161 241,297 9.099 (2,161) 6,938 258,460 302,155 (312,380J 248,235 Name of unrestrlcted fund Descrlptlon, nature and purposes of the fund General fund The free reserves after allowing for all designated funds Degignated fixed assets Funds held specifically in relation to fixed assets 20 Doc ID.. 1ef4660b8dc7015d893068b1b98316fb1370fa8f
Mid Cheshire Foodbank Ltd Notes to the accounts for the year ended 31 March 2023 Icontinuedl 17 Analysis of net assets between funds General fund Designated funds Restricted funds Tot312023 Tangible fixed assets Net current assetsjlliabilitiesl 4.660 262,324 4.777 9,437 262,324 Total 266.984 4.777 271,761 Comparative perlod General fund Designated funds Restricted funds Total 2022 Tangible fixed a55ets Net current assets/lliabilitiesl 7,804 233,493 6,938 14,742 233,493 Total 241,297 6,938 248,235 21 Doc ID.. 1ef4660b8dc7015d893068b1b98316fb1370fa8f