2023-03-31-accounts - Newcastle Foodbank

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Trustees		Ms. AWalton (Interim	Ms. AWalton (Interim
		Mr. S Cockburn	(Deputy Chair)
		Mr. SJ Lightley	(Treasurer)
		Mr, MMeah
		Mrs. J Slesenger
Charity number		1152656
Registered	office	Newcastle West	End Foodbank
		The Foodbank Centre
		Benwell Lane
		Newcastle upon	Tyne
		NE15 6LX
Auditor		Sumer Auditco Limited
		The Beehive Building
		Beehive Ring Road
		Gatwick
		Crawley
		RH6 OPA
Bankers		CAF Bank Ltd
		25 Kings Hill Avenue
		West Melling
		Kent
		ME194JQ

		Page
Trustees' report
Independent auditor's	report	7-9
Statement of financial	activities	10-11
Balance sheet		12
Statement ofcash fiows		13
Notes to the financial	statements	14-29

Current financial year
		Unrestricted	Restricted	Total	Total
		funds	funds
		2023	2023	2023	2022
					-unaudited
	Notes				6
Ittggaudtgtfi; Donations and legacies		1,051,807	385,666	1,437,473	825,816
Charitable activities		5,034	20,500	25,534	5,999
Investments		2,960		2,960	900
Total Income		1,059,801	406,166	1,465,967	832,715
Raising funds	6	1,748	65	1,813	1,310
Charitable activities	7	512,793	265,061	777,854	481,746
Total expenditure		514,541	265,126	779,667	483,056
Net Income for the year/
Net movement In funds		545,260	141,040	686,300	349,659
Fund balances at 1 April 2022		1,294,116	3,687	1,297,803	948,144
Fund balances at 31 March 2023		1,839,376	144,727	1,984,103	1,297,803

Prior financia year - unaudited
		Unrestricted	Restricted	Total
		funds	funds
		2022	2022	2022
		- unaudited	-unaudited	-unaudited
	Notes	6	6	6
Ittggamffgtn; Donations and legacies		797,537	28,279	825,816
Charitable activities		5,999		5,999
Investments		900		900
Total Income		804,436	28,279	832,715
Em9IIfIIIgtg 9II; Raising funds		1,310		1,310
Charitable activities	7	450,987	30,759	481,746
Total expenditure		452,297	30,759	483,056
Net income for the year/
Net movement In funds		352,139	(2,480)	349,659
Fund balances at 1 April 2021		941,977	6,167	948,144
Fund balances at 31 March 2022		1,294,116	3,687	1,297,803

					2023		2022
							- unaudited
				Notes			6
Fixed assets
Tangible assets				13		105,742		29,400
Current assets
Stocks				14	36,356		42,570
Debtors				15	38,506		18,022
Cash at bank	and	in	hand		1,931,908		1,298,685
					2,006,770		1,359,277
Creditors: amounts			falling due within
one year				18	(128,409)		(90,874)
Net current assets						1,878,361		1,268,403
Total assets	less	current liabilities				1,984,103		1,297,803
Income funds
Restricted funds				20		144,727		3,687
Unrestricted	funds					1,839,376		1,294,116
						1,984,103		1,297,803

					2023		2022
							- unaudited
				Notes			8
Cash flows from operating			activities
Cash generated from operations				23		722,223		437,196
Investing	activities
Purchase	oftangible fixed assets				(91,960)
Investment	income received				2,960		900
Net cash investing	(used In)/generated activities		from			(89,000)		900
Net cash	used in financing		activities
Net Increase In cash and cash equivalents						633,223		438,096
Cash and	cash equivalents	at beginning		ofyear		1,298,685		860,589
Cash and	cash equivalents		at end of	year		1,931,908		1,298,685

Donations and	l	egaci	es					(Continued)
			Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
			funds	funds		funds	funds
			2023	2023	2023	2022	2022	2022
						-unaudited	- unaudited	-unaudited
						6	f	6
Donations and	gifts
Watches of
Switzerland				150,000	150,000	50,000		50,000
Reuben Foundation			60,407		60,407	48,892		48,892
Newcastle United
Supporters Trust				27,500	27,500
Mike Pulman Limited				25,000	25,000	10,000		10,000
British Engines			10,000		10,000	10,000		10,000
The Serendipity
Foundation Limited			10,000		10,000
Mick Oxley Gallery			7,000		7,000	2,250		2,250
Home Group			5,000		5,000
Norton Rose			5,000		5,000
Foodbank Riverside
Foundation			4,340		4,340
Way Ahead Group
Limited			3,081		3,081
NISA Making A Difference Locally			2,255		2,255	4,135		4,135
The Strawberry	Pub		2,015		2,015
Addison Potter Lodge			2,000		2,000
Arvato Limited			2,000		2,000	2,659		2,659
Pathgate Institute Buddhist Studies		of	2,000		2,000	2,000		2,000
Total Energies Gas & Power			2,000		2,000	5,000		5,000
Unison Newcastle			2,000		2,000	2,000		2,000
Wooden Spoon
Society			2,000		2,000
Marcia M Argyris						5,088		5,088
Mactaggart Third Fund						5,000		5,000
Cantervalle						2,659		2,659
Irwin Mitchell						2,500		2,500
Freemasons						2,000		2,000
Enterprise UK						2,000		2,000
Masonic Charitable
Foundation						2,000		2,000
Other donations gifts ( f2,000		and	618,927		618,927	592,997		592,997
Gift Aid			58,626		58,626	43,370		43,370
Fundraising						524		524
			798,651	202,500	1,001,151	636,891		636,891

		Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
		funds	funds		funds	funds
		2023	2023	2023	2022	2022	2022
					-unaudited	- unaudited	- unaudited
		8			8	9	8
Grants receivable fo		rcore activities
The Trussell	Trust	20,433	92,840	113,273	12,820		12,820
Newcastle City
Council - Newcastle
Fund			35,576	35,576		24,779	24,779
Independent	Age		20,000	20,000
Sherburn House
Charity						3,500	3,500
Frazer Trust		2,000		2,000
The Squires
Foundation		4,000		4,000
The WA Handley
Charity Trust		5,000		5,000
The Community
Foundation		3,000	750	3,750
The Crispa Charitable
Trust			30,000	30,000
Celtic FC			4,000	4,000
Reckitt Family
Charitable Trust		8,000		8,000
ASDA		2,616		2,616
		45,049	183,166	228,215	12,820	28,279	41,099

					Unrestricted	Restricted	Total Unrestricted	Total Unrestricted
					funds	funds		funds
					2023	2023	2023	2022
								- unaudited
							6	6
	Services	provided		under contract		20,500	20,500
	Other income				5,034		5,034	5,999
					5,034	20,500	25,534	5,999
	Analysis by Unrestricted		fund funds		5,034		5,034	5,999
	Restricted funds					20,500	20,500
					5,034	20,500	25,534	5,999
6	Investments
							2023	2022
								-unaudited
							6	8
	Interest receivable						2,960	900
6	Raising	funds
					Unrestricted	Restricted	Total	Unrestricted
					funds	funds		funds
					2023	2023	2023	2022
								-unaudited
							6	6
	Fundralsing		and	publicity
	Fundraising		costs		1,748	65	1,813	1,310
					1,748	65	1,813	1,310

Charitable activities
				2023	2022
					-unaudited
					6
Staff costs				249,399	170,504
Depreciation and impairment				8,054	7,775
Value ofdonated goods		distributed	to benefidaries	196,105	164,619
Value offood purchases		distributed	to beneficiaries	177,335	56,102
Other staff costs				3,334	4,210
Travel and subsistence				839	189
Volunteer costs				851	397
Project resources				63,505	3,065
Transport costs				7,319	6,136
Other direct costs					5,375
				706,741	418,372
Share of support costs		(see note 8)		62,113	62,278
Share ofgovernance	costs (see note 8)			9,000	1,096
				777,854	481,746
Analysis by fund
Unrestricted funds				512,793	450,987
Restricted funds				265,061	30,759
				777,854	481,746

Support costs	Support costs
		Support	Governance	2023	Support	Governance		2022
		costs	costs		costs	costs
					unaudited	- unaudited	-	unaudited
					6	6		6
Depreciation		7,564		7,564	7,793			7,793
Rent & utilities: &water	heat, light	19,069		19,069	13,600			13,600
Premises		4,537		4,537	4,326			4,326
Insurance		5,624		5,624	2,703			2,703
Printing, postage and stationery		975		975	2,467			2,467
Telephone		1,818		1,818	1,323			1,323
ITcosts		1,101		1,101	1,528			1,528
Small equipment		1,866		1,866	1,466			1,466
Subscriptions	and fees	4,230		4,230	5,458			5,458
Legal and professional fees		14,421		14,421	21,038			21,038
Bank charges		908		908	576			576
Audit fees			6,600	6,600
Accountancy			2,400	2,400		1,096		1,096
		62,113	9,000	71,113	62,278	1,096		63,374
Analysed between
Charitable activities		62,113	9,000	71,113	62,278	1,096		63,374

			Kitchen	Garden	Office	Motor	Warehouse		Total
			equipment 6	structures 6	equipment 6	vehicles 8	equipment	f
Cost
At 1 April 2022			28,568	2,512	4,731	39,990			75,801
Additions			369			89,862	1,729		91,960
At 31 March	2023		28,937	2,512	4,731	129,852	1,729		167,761
Depreciation	and
Impairment
At 1 April 2022			16,605	1,465	2,226	26,105			46,401
Depreciation year	charged	in the	6,074	628	1,183	7,426	307		15,618
At 31 March	2023		22,679	2,093	3,409	33,531	307		62,019
Carrying amount
At 31 March	2023		6,258	419	1,322	96,321	1,422		105,742
At 31 March	2022		11,963	1,047	2,505	13,885			29,400

Stocks
						2023	2022
							-unaudited
						9	8
Finished	goods	and	goods	for	resale	36,356	42,570

15	Debtors
					2023	2022
						-unaudited
	Amounts falling due		within one year:			9
	Other debtors				29,576	16,593
	Prepayments	and accrued income			8,930	1,429
					38,506	18,022
16	Creditors: amounts		falling due within one year
					2023	2022
						- unaudited
				Notes		6
	Deferred income				91,682	70,789
	Trade creditors				102	2,107
	Other creditors				14,257	16,882
	Accruals and	deferred	income		22,368	1,096
					128,409	90,874

							2023	2022
								-unaudited
							6	6
Other deferred income							91,682	70,789
Deferred	income is	included		in the financial	statements	as follows:
							2023	2022
								-unaudited
							6	6
Deferred	income is	included		within:
Current	liabilities						91,682	70,789
Movements in the year:
Deferred	income at	1 April 2022					70,789
Released from previous			periods				(70,789)
Resources deferred		in the year					91,682	70,789
Deferred	income at	31	March 2023				91,682	70,789

Current	fi	nancial ye	ar
					Movement in funds
				Balance at	Incoming	Resources	Transfers	Balance at
				1 April 2022	resources	expended		31 March 2023
				- unaudited
				E			E	E
General	unrestricted		funds	1,294,116	1,029,801	(486,313)		1,837,604
Foodbank		Kitchen Garden			5,000	(3,228)		1,772
Christmas		hampers			20,000	(20,000)
Food purchases					5,000	(5,000)
				1,294,116	1,059,801	(514,541)		1,839,376
Prior financial year
					Movement in funds
				Balance at	Incoming	Resources	Transfers	Balance at
				1 April 2021	resources	expended		31 March 2022
				- unaudited	- unaudited	- unaudited	- unaudited	- unaudited
				E	E		E	E
General	unrestricted		funds	941,977	804,436	(452,297)		1,294,116
				941,977	804,436	(452,297)		1,294, 116

Current fl	nancial year
			Movement	In funds
		Balance at	Incoming	Resources		Balance at
		1 April 2022	resources	expended	31	March 2023
		- unaudited
		6
Pathways	Welfare Project		106,478	(93,446)		13,032
Foodbank	security and equipment	3,350		(3,350)
Foodbank	kitchen garden	337		(337)
The Pantry			127,500	(4,439)		123,061
Food purchases			109,750	(109,750)
Organising	and Local Mobilisation		41,938	(41,938)
Food Newcastle			20,500	(11,866)		8,634
		3,687	406,166	(265,126)		144,727
Prior financial year
			Movement	In funds
		Balance at	Incoming	Resources		Balance at
		1 April 2021	resources	expended	31	March 2022
		-unaudited	- unaudited	- unaudited		- unaudited
		8	f	8		8
Pathways	Welfare Project		24,779	24,779
Foodbank	administration		3,500	3,500
Foodbank	security and equipment	4,999		1,649		3,350
Foodbank	kitchen garden	1,168		831		337
		6,167	28,279	(30,759)		3,687

Current	financ	ia year
				Unrestricted	Restricted	Total
				funds	funds
				2023	2023	2023
				E	E	E
Fund balances		at 31 March 2023 are represented	by:
Tangible	assets			49,440	56,302	105,742
Current	assets/(liabilities)			1,789,936	88,425	1,878,361
				1,839,376	144,727	1,984,103
Prior financial		year
				Unrestricted	Restricted	Total
				funds	funds
				2022	2022	2022
				-unaudited	-unaudited	-unaudited
				E	E	E
Fund balances		at 31 March 2022 are represented	by:
Tangible	assets			29,400		29,400
Current	assets/(liabilities)			1,264,716	3,687	1,268,403
				1,294,116	3,687	1,297,803

23	Cash generated from	operations	operations			2023	2022
							- unaudited
						f	5
	Surplus for the year					686,300	349,659
	Adjustments for:
	Investment income recognised		in statement	offinancial	activities	(2,960)	(900)
	Depreciation and impairment oftangible fixed assets					15,618	15,568
	Movements in working	capital:
	Decrease in stocks					6,214	16,793
	(Increase) in debtors					(20,484)	(14,273)
	Increase/(decrease) in	creditors				16,642	(440)
	Increase in deferred income					20,893	70,789
	Cash generated from	operations				722,223	437,196
24	Analysis ofchanges	ln net funds
	The Charity had no debt during		the year.