KINGS LYNN FOODBANK REPORT AND ACCOUTr4TS FOR THE YEAR EtSDED 31 MARCH 2025 Charih. Regi5trntion: l 1.51936
TRI"STEES REPOR'r I-EAR EIND 31 IIARC.'H 202 OIUF.C.TIN'ES I'he objectives of the charliy are :_ -Ih¥ pfbvvntion or rLliLfnf povcth. in l.lnn aiid lh wmindine atta bi. pm'idu)o f1 io l(Kal pPIC 110 Arc in n¢¢d of Igene1. 1pp]lL and bN' siKlI other ML5 as the tru51LY mav. det&r]nine. Our ViSiLm 1% to a¥1 hungq at]d wvttTh.' in ihe UK. We know thai il is impr(thble can ¢nd all hiinger and poverty. bul this is our g1. Our Mi&%1 is to bring ¢(unitieS log¢ther to hungL7 a1 rK>i'L71Y Èn ihe UKbK" wmryding ¢OmTxJ<8ionate, pr4¢lical help u,hik ¢halkngine injiL4Iic¢. Thkn ksngs Ls7in fo(xlbwik is a ch11}. r(Ndl on CFristi&3 pnncipI. Il,, iiDrk' iiith pwpl." of all faiths and noii¢. e rdv i)n fixKi donati(ns to re I&1 ]hx)ple in crisis. All fd given out bv the f(KMJbank LS donaled (r wtchistxj funds d(Mutal to us. Sur&t&- tollectioiis are one of thb main iipi's that fixxi is dat. prof&$%0]1a[s Such as d(Kl(Ts. heallh i'isitor& sIKial ll'(Yk¢T4 C,IW ajid police I¢1ty. people in cri515 and i&su¢ them a f(lxlbw- voucli In setting our objt%tives and plfjnning oRir acliiilits out tru51c¢5 have given ¢ar¢fvl (X)nsidtyati to tl)b Clvarity. C(mmi&si(Ms g¢n¢r81 guidat]cc oil public bErIt. Cjthii 5 Report Thi5 year I b¢en fir kin2s LTrnn FOlb8k a time iithtn ive haie (wat&J in a ¢ffll&xl iithLYe is still signifi¢atit Cost-of-living cri515 iiljich ha5 mlxnl thai the demand f ow has conliE]ued and our [1 Stoc have dltnlni5h. 11.,¢ have ¢mph)iiJl a dri} to fret up lirne lo bii!- in the St5 nd as dallonS of lixxl ilsell. are in%Ufficil. hi th A(c(Ating 202412025 iv¢ Itxl 4 rotsl of 6222 tthpk ilJich is a ligute lower ihan lasi yuars rLxord level. We have also givai ]1 fii¢l v(xi¢h¢rs to hvlp folk io ht their h(¢5 b[1¢ in mtnd ih¢ substantial i¢re5 ill gas oil and dtxlri¢ity ¢ts. and li'e grakful fot gtanls and othw moni¢s awbling us lo do Uiis. 14,# (xmtinue ()ur aim of towards the elimination of th¥ nd the F(xxtb8nL..Il'e have utihsd a nt froni'k-rus"[I Trust to fflable u5 to anp1. an additional rna]ib of%tatr in ihe distributith le88)lIg our strategic Fyojtxt m4ng<Y to spcnd time 5ttkin8 W"&)5 lo alk¥'ial¢ th¢ endLmnic f1 p)I'LYts- in iht area althg with othKY StatUtV a13d NoluniatTr' a8Cl&s.We seek to Collabte 1th all agaGi¢5 5eJ"ng kn addr¢g thtr i&SII¢S of poverti. in Mf¢st Nort0. havi bttji blessed substantial gifts both of aThl rnon- lo us 10 this f(K)d aDd ruli the oiganisati(xJ noii¥ithstst)ding Ihe i11crSed call in tx]1 S.]c<S. M ¢ hav¢ al%0 r¢cava4 grant% tr(¥ll th¢ c¢1] as well as trll 'lru&sell l-ru5t 10 Eable us lo ivith CitiZ4mS.4d%ict in providin8 thbl and benefit advi¢¢ in lin¢ widi our hope of doing Aii'Ay' ii'ith th¢ tKed four ch&FEI)'. 01 fanceS ranain in a Strong ]y)sill(. and ar¢ urwjtlv &ing latgtt i&thi¢h 711 tnabk us lo ¢arrn' VI oli¥ work niw¢ effeclivkly althixjgh are i'tTr" gt#l¢fvl to th¢ S£a Ladets for the use of of thetr prtyryllisknS. 8T pliA&xI lu sa) thal n¢ii Pl¢AlliS¢S ar¢ liLd}' be aiahjabk ill lalt 2026 iihich ii'ty as an l() prayer. The chariti, dendS (MJ the hard wthK' Orlr paid staff as I1] as the manl'volunteas giv¢ $&fl1!. of thar liJnL lu Ii¥lp th¢ ii.ho (vm¢ lo lh¢ FLxxlbank nttding f(K¥l and help. It fvli68 tx] the and go(Klknill of thc iihol¢ ol. th¥ Cl)Jnniunitt' in W¢sl .XorfoEk Lncluding LYdinAn' Lhnstians tr(Yn mans. chutcheN 49 ii'ell al th wlia havt %iinplv lh¢ Ii¢LyJ and s(llhgJ)t lo ill,1 li fruii owii yJnaini¢% lioiiid rIc. B1 l &iid all Ihe Tnisl¢e% aT¢ veri gratefiLI and huinhled b. these siÈn5 01'A ¢ntI. Mling the Jita15 olih05e i¥ho ar¢ lll
'rRI'S'IEES IiEPOR'r I'E.IR b.Nl) 31 IIARCH 202) Chair'5 Repurt ¢4)nt..... e havt becom¢ A CIO as advikxj b5, Tn$1 Trnst to enabl¢us to Opfdt mire 5mtthl)'. The CIO iKc4me a¢tiV4 8Jid assets iiere tr8Jisfur&l to ne1 cntily i1th tfftct frtxn.4w]12025. The CIO R¢gist¥Trr¢d Cliarits, nuinbbr is 120C)832. oiii a¢¢(Ninl#t)t$ have been vt¥vh¢lplul 10 the Charih. in m8nagtng this transiti(Mi. -6 at¢ veTN" gaietiil to thblll for . hblp thes. e eXpt tlial th¢ .7]7 furtding Clleng¢.% in thty Ntars a5 grdnts ctase and ewt '<y the n¢x1 years to lis¢ the Tesm'es lo mttt sonit of tlie 5hLYrfall li't 9d ii'ill budget f4r. STRlicfuRE GOI'ERTr4ANCE .4YD fvLIN.4CTrFxi%lF.IT The ¢haritv is governed bN' cix]51ilution and is a5 an uninGwaknJ charits,. 11)¢ C71$711% 1}SIsti1}g of cluittktsi, Tiea5urtt. Srfr¢tatN". and oth ITht musi meet ai1<7St 4 timtss a yEar. 1116 qiL(Tum r(Y M8nagKmient Conmitt¢¢ lt[lIg8 shall be s,0 rfthe ¢(Knmittee. rotijig lll h[anI£ent committ medings shall b). a show of hand4 iiith the CThairw having die decidll]g vot¢. STRUCTllliE, CFOIIF,RN,INCb AND I.IA,NAGEIIENT, Cont...... In ordtr lo achieve Ihe th¢ tsvsle have the Pol Io; Provide s¢tViLts and publicis¢ its a¢tiiiti¢s Rai8¢ fut2d5 and ini'itt conl¥ibiiiion$. Emploi. paid l'oli1ary IV[k#s. Purch&skn r1 or Iast propth a4U1cl. C0te with otha volulltary: dwE"tsble or slamygniSati$s. MEMBERSHIPANDAFFILL4TIOYS Kings LTrnn F(bL is affiliaie with the T11 Trust Charitv and Chutthes Togethtt in Kings l.Trnn. TRtiSTEF.S Th¢ Charilv'l'rustees di]ng tht Nrar wer Ir R I)enningtoti Nlr.A kitjg Mr N, WIcGii¢m th P C1&8 S'rA'I'El1NT OF TRITSTEES RESPO1{BILITIEs Th¢ Irv$t( arc reynsible loi prep8Jing Ihe Tt5. Rewt and the rtnancial slatanenls in acwrdancb iviih 8pplicablL lam" and Lnitd Kingd(M .4w)w)ting Stsnd8rd5 Wniioj kingd( CF&Jerall}'.4c¢q)l¢d A¢counling Praclic¢).
TRI"STEES REIXIRT I'EAR END31 IIAIiCA 2025 8T,ITENIE)T OF TRITSTEES RESPONSIBILITIES cont..... Th¢ illm. RppliGabk lo Gh&Tili&% gland and IN"'ales reqllir¢s th¢ ITUSt to wqmre fjnancial statemen15 loi ¢a¢li linancial I"t8r iiljicli giv¥ a true and fiiri'iwi ofthe &t¢ ol-lhe aflair5 of Ihe Iiatih. of Ulcoml£ re11[C¢S and applicati( i)f in¢ludino Ihe in¢om¢ And txpeJidittiT< of die ch&riti.for ihat tkriixi. In pr¢paring th¢s¢ linancial 5th1leI& the IruJl¢¢s arer4uired to.. select siiitablc accthinline w>lici&s ad the applN' them CL$11[1]i'. - observe themeth(xls and prm¢iploE in the Charities SORP. - rn8ke jiLdgl<MtS and ¢stim4tes thal It¥x)nabl¢and wudthi: - statc iihbthLY app]i¢ablb L'k..Ic¢uunliTLg Si8[ards hai'e beqj folloii"4 SubJ¢t to am. niat¢rial d¢rtU$ dis¢k)Etd alld Ll&]ed th¢ FUiCial I1 - prepare the linancil 51aietnents the gotnocixKern basis il 15 inaptmpri8t¢ to w¢sume thai the charity 111 continue in siness. The truslee5 are ie5tK)llsibk for keeping &d4uat¢ a¢¢wnting rt%d$ that disckJs¢ iiith rt¥sable acciiracy al an). lime financial tM)%ition of th¢ ¢harits'and ab]e thbl)I to re that the rmancial siaienients compli 1th the Chatylies.4cl 2011. ThtN are also re5wS[blc for safeguarding the ass¢is ofthe charity. and htnct f(K thking ralI¢ st¢ps f(r th¢ pr¢ti1 and detection of frdud and othet irtegulAritie5. as approv¢d by the Board (.. nd Sign (m its khalf bv Mr R Pennlngton TThs¢¢e
KINGS LYNN FOODBANK STATEMEf4T OF FINALYCIAL AcrtVJTIES YEAR END 31 MARCH 2025 2025 2025 2024 Restricted Unrestricted Total INCOMING RESOURCES DunatioDs & Legdcies Donations Donations foi Fuel Charitable Actii'ities Grants 154..152 154.152 15.7(X) 145,463 1,450 li.700 49.543 8.681 58.224 i5,2C)2 Finance Income InlfTe%l Receii.'ed 2.C)84 TOTAL INCOMING RESOURCES 65.243 166,550 231,793 204,8SI) RESOURCES EXPENDED Charitable Actii'itie$ Wages CAB Worker Training Rcnt Food Light & Heal Ensurance Phc)n¢&Broadband Computer Accountancy Jndependent Eiamination NeI,Ork Donation Legal & Prot-essional Fees SubsLriPtions Charis ExpLnscs Repairs & Maintenance Printing. Postage & Stationerv General ExpLllses Rates at]d 'a[Cr 'rrai-elling Motor F.Npenses l.raudUlLt Bank Lipcnscs Bank" Cliarges Depreciation 12,lyJ I 38.5)8 52.186 65,087 38,558 110 .3.6(X) 21.3S6 2.349 1,931 711 462 488 420 360 2,131 3) 47.162 4.430 2,781 54.067 31,916 620 4.C)O(I 11.861) 110 3.0 21.386 2.349 1.931 711 462 488 420 360 2.131 35 31.462 4.430 2.781 1,833 511 406 859 420 360 35 49.478 8,770 3.6)3 178 181 290 2,361 15.700 216 353 216 3)3 2,111 263 179 179 721 1,656 128,685 196.779 93) 68,094 1.9(18 TOTAL RESOURCES EXPENDED 68,094 128,685 196.779 176,500 P4ET INCOMING RESOURCES TRANSI.'ER 01,- fuNDS 'I"o'rM. FUNI)S FIROUGHT FORWARD TOTAL FUP4DS CARIUED FORWARD (2.851) 37.8&5 35,014 28.359 28.691 185.791 214,482 223,656 249,496 18C),123 214,482 Page 1
KtNGS LYNN FOODBANK STATEMEf4T OF ASSETS AND LIABILITIES YEAR END 31 MARCH 2025 2024 CURRENT ASSETS Fixed Assets Cash at bank- and in hand TOTAL CURREf4T ASSETS (not¢ 5) 3,526 247.211 5,182 208,7)4 213,936 DEBTORS uihL'r Ik.biors )repai'ments 268 2.982 i) TOTAL ASSETS 250.794 217,186 CURREiYf LIABILITIES Accruals Social SccurilTr' Pension Fund Wages TOTAL CURRENT LIABILITIES 469 629 200 2.253 451 1298 2,704 NET ASSETS 249,496 214,482 FUNDS OF THE CHARITY Unrestricted Funds IlestrictLd Funds 223.656 25,840 185,791 28.691 249,496 214,482 Approved bs the Bothrd ofTruslees o .aMI signed on its khalf by" R Pennington I'rus Page 2
KINGS LYNN FOODBANK NOTES TO THE FINAf4CEAL STATEMENTS YEAR END 31 MARCH 2025 l. Princip81 Accounting Policies l. l Ba515 of Preparation These ac¢ounl% hai'e been prepared uer the hist(Ktcal cost comEnlion ii?th items reco8ni8ed at cost or transa¢lion i'alue unless otheTriise slated in the relei.anl rxiteis) to thesc accounts. "rhe accounls have Ien prepar in accord&e iiilh.. - the Slateinent ot Recommended Practice.. Accounlit]g and Rcwrting kn, Clwilies preparing their accounts in dU¢OTLlanLL M'iih Ihe l."inancial RertIng Siandard applicable in Ihe UK a1 Republic of I.lal (FRS 102) issuL'd on 16 Juli, 2014. and iyith the Financial Rewrting Standard applicable in the United Kingdoin and Republic ot Ireland (FRS 102) and 114th the Charities Act 2011. The charity constilutcs a public benetit entit}, as detin¢d b). FRS 102. 1.2 Change in basis of accounting 'rhere has been no change to the accounting p)lieies since last !'ear. 1.3 Changes to previous accounts No changes have bL*n made to accounts tor preNious N'ears. 2. Accounting Policies 2.1 Incoming Resources All income is reeogTJised in 11 in the Siatement of Finala1 Aciivities in the year in 1ch it is rClid. No incoiiie is showi nel of expcndiiufL'. 12 Fund Accounting (ieneral lunds are unresxricted thIch ai•ilable l-or us¢ as the discTclioll ot trustees in lurtherdnce ol" g¥neral objeL'ljiies ot the charity and which hair not been designated for other purwses. Restricted funds aTe lunds ilthich are used in accordance iiith swific Teslricttons imposed b!, donors or iithich hai'e been raised bj. the clwktS' t-oi particular PUryKises. "I"hc cosl ol"raising and administenng such tunds are charged againsi the specitic fwid. Tlie Liilii al use of eaih iestriiled tu]id is set out ui t1 i)otes ot d)e fii¥Èiicial slateiiients. 2.3 Resources Eipended All expenditure is i1lea on an accruals basis a] is recognised the conunitment has been inade. "I"he charih. is not registered t.or VA"r and accordingl!. pendIture Is gross ol inrcoverable VA'I". 2.4 ContinuitTr' ot operations The charit! has converted to a Charitable Incorporated Organisation (CIO) on (J2 April 202). This ini'olN'ed a change in legal structe troiii an unincorwraled assiKiation lo a CIO: iiith the CIO beiK]g rcgistcrcd iiith the c1[113. Coiwnissioil. I'he CIO noii, holds all Ihc dSSL.ts and liabililics ol. thL' clurily and Mill Conlin io otLYulL I( thL' same charitsblL PLW)SLS. 'fhe trus"ILes ol the CIO lui'e limited liability.. Page 3
KIIYGS LYNN FOODBANK NOTES TO THE FINANCIAL sfATEMENTS YEAR END 31 MARCH 2025 3. Staff Costs and Number5 2025 2024 Idries Pension 67.805 1.282 5.3.107 960 65,087 54,067 There were fiN'e eniplol'ees in the Vear. No eniploi'ee receii'ed remuneration ot more than £(A),IXX). Trllstees are not remuneraied. No exnseS are re1mburd io TnLStees. 4. Control The charity. is controlled bi" its board of trustees. 5. FiTed Asset5 Motor Vehicle Computer Equipment Total COST At l April 2024 Additions "sposals 11.820 3.084 14,gX)4 At 31 March 2025 11.820 3,084 14.904 DEPRECtA TION At l April 2024 Charge for l'ear 8.080 93) 1,642 721 9,722 1.656 At 31 March 2025 9,015 2,363 11,378 NET BOOK VALUE Al 31 March 2025 2.805 721 3,526 At 31 Maich 2u24 3.740 1,442 i.182 6. Restricted Funds BIfiTd Income Elnditre Transfers Bal Clfv'd Ihnations t.or Fuel CAB Worker I,iicd Asb¥ts" Trussell"frnst 15,71Jl 36,489 (l i.7(X)) (38:5i8) (935) I2,1 I (68,094) 24_174 3,740 777 28.691 22,10) 2.8(15 13.054 Fixed Assets Donations l-or Fuel Trussell 'l'nLsl - CAJI TIus5LII 'I'rust - Inoior irhiclc sw)pliLd chariti. lo bL on lucl i"ouchcis - to be for CA adi.isor from Norfolk. CAB - slraiegic reurceS grnnt lo cOntribC lo opetalions rLbourcL's salari, 14ge 4
I)DF,PETr4DE)4T F.I4IIINER'S REPORT TO THE TRI."STEES OF
'TrwilR DED 31 IIARCH 21125
I report iht accounls of K]"n8s L F([ball. lor the year ended 31 hlarch 2025, ithich are Set oul page5
l aiid 3.
This report is made 5L)lelv to the charitv's trnstees. as a b(Mh-. in accordance with 110 154 of1he tharilies
Act. hl}' Iiid¢p