2025-03-31-accounts - Newcastle Foodbank

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Docusign Envelope ID.. O318FC84-97A94DOC4B8l5DB07F8F2 Charlty registratlon number 1152656 (England and Wales) NEWCASTLE FOODBANK CIO ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

Docusign Envelope ID.. O318FC84-97A94DOC4B8l5DB07F8F2 NEWCASTLE FOODBANK CIO LEGAL AND ADMINISTRATIVE INFORMATION Trustees Ms A Wallon (Chair) Mr S Cockburn (Deputy Chair) Ivir S J Lightley (Treasurer) Miss S Brydon Mr M Meah Ms S Medcalf (Appointed 24 September 2024) (Appointed 2 April 2024) Senior management Mr J Mccory Chief Executive Officer Charity number 1152656 Registered office Newcastle Foodbank 331 Benwell Lane Newcastle upon Tyne NE15 6LX Audltor Sumer Auditco Limited Unit 2 Gosforth Park Avenue Newcaslle upon Tyne NE12 8EG Banker5 CAF Bank Ltd 25 Kings Hill Avenue West Malling Kent ME19 4JQ

Docusign Envelope ID.. O318FC84-97A94DOC4B8l5DB07F8F2 NEWCASTLE FOODBANK CIO CONTENTS Page Truslees, report Independent auditors reporl 10-12 Staternenl of financlal acllvilies 13-14 Balance sheet 15 statement of cash flows 16 Not8S to the financial statements 17-34

Docusign Envelope ID.. O318FC84-97A94DOC4B8l5DB07F8F2 NEWCASTLE FOODBANK CIO TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2025 The Twstees of Newcaslle Foodbank (formerly The Bede Foodbank and trading as Newcastle West End Foodbank) are pleased to present Iheir annual report together with the financial statements of the Charity for the year ended 31 March 2025. The financial statements have been prepared in accordance with the accounting policles set ¢)ut in note I to the financial statements and comply with the Charitys goveming documenl, the Charilies Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reportlng Standard applicable in the UK and Republic of Ireland {FRS 102)" (effeclive 1 January 2019). Objectives and activities Charlty Objectives a) The prevention or relief of poverty in Newcastle upon Tyne and surrounding areas, In particular but nol exclusively by provlding emergency food parcels and welfare services to indlviduals in need andlor charities or other organisations working lo prevent or relieve poverty. b) To do any other thing consistent with the primary purpose of the Charity as described above. Charlty Mlsslon To help people in Newcastle experiencing food poverty by providing food parcels and food services. as well as offering other care and support, to enable Ihem to IFve life with a full diet and free from hunger. Values Respect.. We affirm the inherent worth of every person arKI treat them with dignity and compassK)n. Listening: We pay attention to people's experiences. and what they tell us matters lo them Learning= We endeavour to impiove our organisation by understanding and acting on our findings. Collaboration: We work with a range of people and agencies who support our purpose, iefleGt the dniersily of our communily and work in partnerships to maximize our organisation's impact. Accountability.. We maintain public trusl through transparency, communication and careful management of the conlribulions made by donors, slakehoklers, volunteers, and clients alike. Regard to Public Beneflt When exercising any powers or duties in the operation of Ihe Charily, the Trustees have complied with their duly to have due regard to the guidance issued by the Charity Commission on public benefits. Demand for Sorvlcos The Charity continues to meet the demand for food parcels, although client demand has deGreased this year compared to lasl year. This mirrors the trend across Ihe UK and is encouraging. Food banks are currently lrying to analyse the reasons for this trend. It is thought that demand may have decreased due to recent lower inflation levels, increased benefit payments and the unfreezing of Local Housing Allowance rates. As regards our own Foodbank, we believe thal demand has also fallen because of the impact of our welfare assistance to cllents to solve the underlying reasons for their food poverty through our Pathways Out of Hunger programme. which is discussed below. Other initiatives, such as the Household Support Fund and Newcaslle Council's Holiday Activities Food Programme will have eased the financial burden for some foodbank clients in this period. However, Ihe undertying economic challenges and high living costs still pressure many households, as recently analysed by the Joseph Rownlree Foundation (2025) UK Poverty report.

Docusign Envelope ID.. O318FC84-97A94DOC4B8l5DB07F8F2 NEWCASTLE FOODBANK CIO TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Opeyatlonal KPIS Operational KPIS 2024125 2023124 /oVariance Vouchers fulfilled 20.9k 25.5k -18ts Foodbank beneficiaries 9.014 10.735 -17(kp Food tonnage dislributed 255 tonnes 338 tonnes -250 Value of food dislribut8d £317k £381k -170 Food donalions to Foodbank 111 £147k £231k -360 Food purchased by Foodbank £170k £150k +130 Pantry Vi811s 6,194 3,047 +970 Pantry income £29k £rf5k Pathways cases and enquiries 7.6k 6.4k +190 Pathwa s financial ains £684k £741k Food distribution activities During the reporting period, Ihe Charity maintained its neiwork of seven foodbank dislribution centres, each hosled by community partners in areas of social need across the city region. These cenlres, located in Elswick, Benwell, W8sI Denton, LemingtDn, Newbiggin Hall. Heaton, and Byker, provided essential support lo poorer households in their surrounding communities. The number of dlslribution cenlres remained unchanged during the year. In addillon, the Charity conllnued to provlde regular food donations to Newcastle Cenlral Mosque, enabling the Mosque to sustain its food servlce for the local communily. The Charity's Community Pantry, hosted in three community venues, Blakdaw, Walker, and Arthur's Hill, continues to offer access to subsidised food for residenls living in those areas deemed as disadvantaged neighbourhoods. Thls co-operalive base community grocery provides Pantry members the opporiunity lo choose household essantials for a nominal niembership fee. The Pantry is not a foodbank. The Pantry's purpose is lo eas8 pressuro on household budgets in disadvanlaged communities while promoling dignity. choice, and shopping experience in a friendly community setting. Each of these initiatives is interrelated and designed to offer a comprehensive range of food related services to promote food securily and to alleviale poveriy that are responsive to peoples, needs. In this reportlng period, 21.000 food vouchers were fulfilled (2024: 25,500) which equates to 51,500 food parcels distributed (2024.. 62,000). This food supported households containing 9,014 people (2024.. 10,73J people) who were beneflclarles, represenling 5,859 adults and 3,155 children (2024: 6,993 adults and 3,742 chlldrenl. Most people, 75 %, made five or fewer visits for vouchers and food. The other 25Q/o of vouchers and food supported more complex households who were frequent visitors to the Foodbank on multiple occasions during the year.

Docusign Envelope ID.. O318FC84-97A94DOC4B8l5DB07F8F2 NEWCASTLE FOODBANK CIO TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 IlnARCH 2025 It took 255 tonnes (2024: 338 tonnes) of food to fulfil the parcels Issued at our dislribution cenlres. Much of this food, 125 lonnes (2024- 203 tonnes), was received in donalions from members of Ihe public, churches, schools, the business community and supermarkets, with a value of £147k (2024= £231 k). The Chaiily is grateful for the lood donallons received as Ihey are a vital resource which enables the Foodbank to fulfil its objectives and aclivili8s. Howèver, rislng Ilving costs means fewer people can afford to donate, leading to shortages in the SL4)plles that the Charity needs to me8t the demands for its services. As a result, a ftjrther 121 tonne5 (2024- 127 tonnes) of food was purchased from Suppliers by the Charity at a cost of £170k (2024= £150k). In total, the Foodbank issued food wilh a combined worth of £317k (2024: £381 k) in this financial year. During this year, the Communily Pantry hosted some 6.200 member visils (2024.. some 3,000) and generated income of £29k (2024: £15k) from membership fees. The Pantry purchased and distribLtted food at a cost of £BOk in this period (2024: £30k). Welfare support The Charity's welfare project, Pathways Out of Hunger. provides a Iriage service that is delivered In partnership with other agencies and is designed to offer people tailored assistance and guidance on money matleis. The project aims to ease financial hardship and in doing so reduce the need for someone to visit a foodbank. It does Ihis by supporting the client In Identifying and addressing the underlying causes of financial insecurity, wher& practicable. In this reporting peiiod, 2,500 (2024-. 2,100) individual clients were helped by Palhways. Each person often piesents with one or more cases or enquiries to be addressed. The number of cases and enquiries handled was 7,600 (2024: 8,400) relating to multiple issues that individuals reported as adversely affecting thelr lives. project made 49 safeguarding referrals to partner agencies to ensure that people had the appropriate recourse to proteciion for vulnerable individuals. Pathways is an integral part of the Newcastle Foodbank services and is there to help people address a varlety of issues. with Iow-income reported as the most common reason for seeking assistance. The Pathways project generated verified financial gains in Ihe year of £684k for clients (2024.. £741k). These outcomes provide beneficiaries with additlonal income for essential livlng costs and lessen their dependency on food bank assistance. Funding for the Pathways welfare services is supported by Newcastle City Council's Round 14 Fund and by grants from Trussell's Financial Incluslon Programme.

Docusign Envelope ID.. O318FC84-97A94DOC4B8l5DB07F8F2 NEWCASTLE FOODBANK CIO TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Awareness Ralslng Newcastle Foodbank remains committed lo raising public awareness about the widespread issue of poverty, with a partlcular focus on food Insecurity, the challenges faced by low-income households, and the social isolation that often accompanies these hardships. In recent reports by The North-East Child Poverly Commission and Trussell, hardship and child poverty continue lo rise where household income falls short of covering essential living expenses. Alarmingly, 9.3 million people in the UK are facing hunger and hardship, (trussell 202&2030 strategy), the highest number In Ihe last 20 years according to Trussell research findings, where income and basic expendilure do not align, leaving many people vulnerable to long-term poverty. In response, Newcastle Foodbank continue5 to act as a vocal advocate for Individuals and families experiencing these conditlons. The Charily is dedicated to amplifying their voices and sharing their lived expeii8nces to shed light on Ihls often-unseen crisis affecting quality of life in disadvantaged communities. The Charlty oversees the management and implementation of Ihe Food Newcaslle project. The project is a contractual agreement with Newcaslle City Council which alms to foster a sustalnable food city by building nelworks, connecting organisations. the local public sector, and individuals lo promote a good food plan to improve the quality of life In Newcastle. During the reporting period, the Charity has actively engaged in regional media campaigns, including appearances on local television news, features in the press, and oulreach via soGial media. These efforis alm to highlight Ihe sca18 and impacl of poverly, particularly ils iole in limiting life OPlK)rtunities for those affected. By foslering public dialogue around the causes arKI consequences of poverty, Newcastle Foodbank seeks to deepen understanding and encourage meaningful action. The Charity remains focused on mobilising support and promoting initiatives that directly benefit the individuals and families who use our services, Donations and grants The Charity is not immune to the challenging economic climate across the UK. During this reporting period, the overall income received by Newcastle Foodbank from donations and grants has fallen from £1,296k in 2023-24 to £1,237k. Pressures on household incomes have led to a decline In charilable giving. In-store food donalions, a vital source of supply, have decreased over the pasl 12 months from £231 k to £147k. reflecting both Ihe cosl-of-living pressures on the public and the shift toward online shopping. Donations collected by NUFC Fans Foodbank volunleers at Sl James, Park on malch days Continue to be a valued source of income. The Trustees extend their sincere Ihanks to the volunteers and Newcastle United FC fans for their generosity. We also acknowledge Ihe conlribution frcmn The Reuben Foundation for its match-funding support, which has significanlly enhanced the impact of these contributions. The Charity is deeply grateful for the support received from individuals leaving legacles, making onlin8 donations and organising community fundraising events. Combined wilh contributions from corporate donors. charitable foundations, and trusts, this support has been instrumenlal in mainlaining the Charity's suslainabilily. We wish to formally acknowledge and Ihank th8 following major donots for Iheir generous financlal support during Ihls reporting period in the form of donations and granls. The financial support received from all donors to support the organisalion's charitable activilies is recelved with gralitude. In this reporting period, we record the valued donations and awards received from Newcastle Uniled Football Company Limiled, The Reuben Foundatlon, The Watches of Switzerland Group Foundats'on. Mike Pulman Limited, Norton Rose Fulbright Charitable Foundalion, The Squlres Foundation, The Elsie Davis Trust, and The Celtic FC Foundation. Their conlribullork8 are recorded in the financial statements and have played a vital role in supporting our charilable activilies. We are also grateful for the continuing grant support awarded by Newcastle City Council's Newcastle Fund, and by Trussell. These funds have directly supported welfare assislance iniliatives, benefiting the individuals and famllie5 who rely on our services..

Docusign Envelope ID.. O318FC84-97A94DOC4B8l5DB07F8F2 NEWCASTLE FOODBANK CIO TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Contributions made by Volunteers Newcastle Foodbank is deeply grateful for the commitment of our volunteers who give 50 much of Iheir valuable time and expertise to support all aspects of the Charty's services. In the past 12 months, 105 people have volunteered al the Foodbank and donated almost 12,000 hours of their lime. Using the Real Livirig Wage as a benchmark, this in-kind contribution equates to a financial value of approximately £151 k. Each volunteer plays a vital role in ensuring that our services are delivered with dignity and compassion. The Charity also benefits greatly from the generosity of corporate volunteers from local businesses whose employees dedicate their lime to support our work. During this reporting period, 333 corporate volunteers gave a total of 1.988 hours. We gratefully acknowledge the support of CISCO, Ryecroft Glenton, Capgemini, Newcastle Building Society, Norton Rose Fulbright, Concentrix, Watches of Switzerland Group, Knight Frank, Muckle LLP, Virgin Money, Aecenlure, Leeds Building Society, Handelsbanken, NHS staff, and many others who contribuled through corporate volunteering and pro bono work to support the Charity. Together, these contrlbutions and the shared commitment to volunteering strengthen the Charlty's links with business and the local communlly and are a valued resource in raising awareness about Newcaslle Foodbank's role within the city region. Volunteers are not only integral to the dally operations of the Charity bul are also central to sustaining the delivery of services for local communities. The lime and dedication displayed by our volunteers are an essential component of our mission to support vulnerable people who turn to our services in their lime of need. Flnanclal review The reduction in donalion and grant income this year has meant that total income for the year was reduced to £1,375k from £1.400 in 2023-24. The Charity has. however, been able to maintain operating costs at a levd a little below the level in 2023-24 and these amounted to £978k this year (2024= £1.028k). Consequently, the Charity has been able to report a satisfaclory financlal outcome with a surplus of £397k (2024.. £371 k). The balanGe sheet shows total funds carried forward of £2,753k (2024: £2.356k), of which £123k (2024: £75k) is restricted funding and £900k (2024.. £301k) is held for designated purposes, leaving £1,729k (2024.. £1.979k) as other unreslricted funds. Preparation of the accounts on a golng concern basis The financial stalemenls have been prepared on a going concern basis. The Truslees have reviewed and considered relevant information, inGluding the annual budget and cash flow forecasts, in making their assessment. The Trustees have r8vised their forecasts lo consider the impaGt on the Charily's operations of possible scenarios brought on by recent cost of living pressures, alongside measures to mitigale the potenlial effects of such evenls. Based on these assessments and taking account of the measures that could be undertaken to mitigate any adverse conditions and the currenl resources available. the Trustees have concluded Ihat they can continue lo adopt the going concern basis in preparing this Annual Report and financial statements. Fundlng Strategy The Charity has a fundraising strategy to raise donations from slreet collections and uses Its online donation platform to generate income to deliver its agreed charitable activities. Grant funding remains an important source of income for the Charity to sustain and develop its food security initiatives. welfare seNices and awareness raising to help alleviate poverty and food insecurity in the Newcastle city region. Newcastle Foodbank Continues to pursue new grant funding streams to fulfil the Charily's aims and to sustain and develop its services for those in our community who look to us for assistance. The fundraising strategy will seek to expand contributions from the business sector, trusts and foundations to support the evolving role of our services as they adapt lo the changing financial and welfare challenges of our clients.

Docusign Envelope ID.. O318FC84-97A94DOC4B8l5DB07F8F2 NEWCASTLE FOODBANK CIO TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Reserves Pollcy The Charity's reseives policy aims to ensure Ihal its work is protecled from the risk of disruption at short notlce due to lack of funds. It also preserves some incoming resources for future opportunilies Ihal may prasent themselves, while at the same time onsuring that the Trustees do not retain income for longer than required. The policy is designed to ensure that the Charity is able to honour its granl commitments and deliver its long-term service objeclives. The Board of Trustees sets aside funds to meet fulure commilmonts and plans, and these are held as designated funds. Further explanation ol the fund balances can be found within notes 18 and 19 of the financial slatements. The Trustees calculate the Charity's °free reserves" by excluding from unrestficted reseNes the book values of tangible fixed ass8ts and stocks and the designated funds sel aside to meet future commitments and strategic objectiV8S. Th6se remaining free reserves are intended to provide an inlernal source of funds for situatlons such as a lemporary fall in income or Increase in expenditure, one-off unbudgeted expenditure and to allow the Charity lime to respond lo a permanent fall in income or increase in expenditure. The targel range for unieslricted free resee5 was assessed by the Board of Trustees in March ahead of lh8 financial year end. The free reserves of the Charily slood at £986k at 31 March 2025 (2024: £1,400k) after recognition of the increase in funds designaled for specific purposes outlined above. Rlsk Management The Charity's Trustees operate a slruclured and systematic framework to audit, monitor and respond to risk. The governan structures include a Govemance Committee and a Finance Committee which reports to the Trustee Board. These structures are underpinned by a robusl policy and reportlng framework whlch is reviewed by the Trustees to mitigate the Charily's potential exposure to risk. It Is the opinion of the Twstees thal the current risk managemenl procedures and praclices are salisfactory and rrt for purpose.

Docusign Envelope ID.. O318FC84-97A94DOC4B8l5DB07F8F2 NEWCASTLE FOODBANK CIO TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Plans for future periods Future Proofing The alleviation of poverty and reducing food insecurity remains the primary focus for Newcastle Foodbank and the services it delivers. The Charity will review its strategic objectives and develop a new strategic plan to ensure its focus remains on the beneficiaries, needs and thal it has the resources in place and capacity to med those objectives. The enduring effects from the cost-of-living crisis on low-income households have produced a high level of sustained demand for the services offered by Newcastle Foodbank. In response to these socio-economic challenges, the Charity will work in collaboralion wrth lik&minded agencies to ensure people have somewhere to turn for assistance when times are difficult. To achieve these objectives the Chatity will implement the measures listed below. Measures include: Development and implementation of a new strategic plan. Recruit new Truslees, Monitor and evaluate social impact. resource allooation and beneficiary outcomes. Identify scope to improve facilities to enhance services and client satisfaction rates, Introduce new fo¢xl donation slreams and source cost-effeclive bulk food purchases, Expand integration of the client welfare services and accessibility at all Foodbank siles, Refine Foodbank and Pantry sustainability models to offer access to affordable food, Grow our volunteer base, including the offer of corporale volunteering, Learn from people's lived experien and actively seek client inpul and participation, Campaign with sector partners to reduce poverty and promote food securily and healthy eating, Enhance our communicalions and fundraising platforms to attract more engagement from a wider audlence and donor base. Developments slnce the year end In the next financial peiiod, the Charity has commissioned work on a new slralegic plan lo ensure th81 the organisalion can adapt to the changing environment and conditions of the sector In which it operates. To complement the strategy, the Charity will complete a review of ils facilities and community hubs lo improve these environments for the benefit of our clients. staff and volunteers. The new strategy and facilities review will identify opportunities for making changes that will have a positive impact on how ar7d where clients can better access the services they require. structure, Governance and Management Goveriiing Documents Newcastle Foodbank is a Charitable Incorporated Organrsation (cio). first registered on 1 July 2013, (as The Bede Foodbank - Newcastle West End Foodbankjl and has a constitution as its governing document. (The constitution and Charily name were revised in 2024). The Trustees who served during the year and up to the date of signalure of the financial statements were- Ms A Walton (Chairl Mr S Cockbum (Deputy Chair) Mr S J Lightley (Treasurer) Miss S Brydon Mr J Dallinson Ms L Lowlher (Appointed 24 September 2024) (Resigned 20 January 2025) (Appointed 24 September 2024 and resigned 23 September 2025) Mr M Meah Ms S Medcalf Mrs J Slesenger (Appointed 2 April 2024) (Resigned 26 November 2024)

Docusign Envelope ID.. O318FC84-97A94DOC4B8l5DB07F8F2 NEWCASTLE FOODBANK CIO TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Appointment of Triistees All Trustees are appointed for a lerm of three years by a resolution passed al a properly convened meeling of the Trustoes. In selecling individuals for appointment as Truslees, Ihe Trustees musl have regard to the skills, knowledge and experience needed for the effective adminislralion of Ihe Charity. The Truslees meet at least quarterly and deal wth the administration of t4e Charity encompasslng stralegic vision, financial accounlabilily and risk management. The operational managemenl of the organisation is undertaken by the Chief Executive Officer and the Charily's employees. Changes In Board of Trustees There have been several changes in the Board of Trustees since the date of the last Annual Report. In this reporting period the followng people wero appointed as Charity Trustees. Ms. S Medcalf was appointed as a Trustee on 2nd April 2024. Ms. Laura Lowther and Miss Sophie Brydon were both appointed as Trustees on 24th September 2024. Mrs J Slesenger resigned as a Trustee on 26th November 2024. Mrs J Slesenger, a founder member of the Charity, made a significant contribulion to the organisation and the Trustees are very grateful lo Mrs J Slesenger for Ihe stewardship and leadership she provided over a long period. Mr. John Dallinson reslgned as a Trustee on 20th January 2025 and the Ttustees wish to acknowledge the valued service he provided during his time at the Charity. S5nce the year end, Ms. Laura Lowiher has resigned on 23rd September 2025 atij the Trustees sh to thank her lor her contribution during her lime as a Trustee.

Docusign Envelope ID.. O318FC84-97A94DOC4B8l5DB07F8F2 NEWCASTLE FOODBANK CIO TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 statement of Trustees, responsibilities The Trustees are responsible for preparing the Trustees, Report and the financial statements in accordance with applicable law and United Kingdom Accounting Slandards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charilies in England and Wales requires the Trustees to wepaie financial statements for each financlal year which give a true and fair view of the state of affairs of the Charity and of the incoming resources and application of resources of the Charity for that year. In preparing these financial statements. the Trustees are iequired to: select Suitable accounling policies and then apply them consistently; obs&Tve the methods and principles in the Charities SORP: make judgements and estimates that are reasonable and prudent- slate whether applicable accounting standards have been followed. subject to any material deparlures disclosed and explained in the financial slatements-, and prepare the financial statements on the going concem basis unless it is inapproprÈale to presume that the Charity . will continue in operation. The Trustees are responsible for keeping sufficient accounliro records that disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure Ihat the financial slatemerrts comply with the Charities Act 2011, the Charity (Accounls and Reports) Regulations 2008 and the provisions of the Irust deed. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detectlon of fraud and other irregularÈties. The Trustees, report was approved by the Board of Trustees. Ms. Alison Walton Trustee l % - fKbvtsLLbLrf 90gS

Docusign Envelope ID.. O318FC84-97A94DOC4B8l5DB07F8F2 NEWCASTLE FOODBANK CIO INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF NEWCASTLE FOODBANK CIO Opinlon We have audited Ihe financial slatements of Newcastle Foodbank CIO (the 'Charily') for the year ended 31 March 2025 which comprise the slatemenl of financial activities, the balance sheet, the statement of cash flows and notes lo the financial statements, including significant accounting policies. The financial reporting Iramework that has been applied in their preparation is appllcable law and United Kingdom Accounting Standards. including Financial Reporting Standard 102 The Financial Reporting Slandard applicable in the UK and Republlc of Ireland (United Klngdom Ganerally Accepted Accounting Practice). In our oplnion, the financial statemenls: give a true and fair view of the slate of the Charity's affairs as at 31 March 2025 and of its incoming resources and application of resources, forthe year then ended.. have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practi. and have been prepared in accordance with the Charities Act 2011. Basls for oplnlon We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS (UK)) and applicable law. Our responsibilities under those standards are further described in the AudiloVs responsibilities for the audlt ol the financial statoinonls section of our report. We are independent of Ihe Charity Sn accordance with the ethical requirements that are relevant to our audit of Ihe financial slatements in the UK. including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance wth these requirements. Wa believe that Ihe audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relatlng to going concern In auditlng the financial statements, we have concluded that the Twstees, use of the going concern basis of accounting in the preparation of the financial statements is appropriale. Based on the work we have performed, we have not Identified any material uncertainties relating to events or conditions Ihat, individually or collectively, may cast significant doubt on the Charity's ability to conllnue as a going concern for a period of at least Iwelve months from when the financial statemenls are authorised for issuo. Our responsibilities and the responsibilities of the Trustees with respect to going concern are described In the relevant seclions of this report. other information The other informalion comprises the information included in Ihe annual report other than the financial statements and our auditor's report thereon. The Trustees are responsible for the olher information contained wilhin the annual report. Our opinlon on the financial statements does not cover the other informalion and we do not express any form of assurance conclusion thereon. Our responsibility is to read Ihe olher information and, in doing so, consider whether the other information is materially inconsistent with the financial statemenls or our knowledge oblained in the course of the audit, or olherwise appeals to be materially misstaled. If we idenlify such malerial inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misslalemenl in Ihe financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other informalion. we are required to report that fact. We have nothing to report in this regard. Matters on whlch we are requlred to report by exception We have nothing to report in resp8cI of the following matlers in relatlon to which the Charities (Accounts and Reports) Regulalions 2008 requires us to report to you if, in our opinion.. Ihe information glven in th8 financial stalements is inconslstent in any material respect with the Tru8tees' report., or sufficient accounting records have not been kept: or Ihe flnanclal statements are not in agreement with the accounting records., or we have not received all the information and explanations we require for our audit. 10-

Docusign Envelope ID.. O318FC84-97A94DOC4B8l5DB07F8F2 NEWCASTLE FOODBANK CIO INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF NEWCASTLE FOODBANK CIO Responsibilities of Trustees As explained more fully in the slatement of Trustees, responslbililies. the Trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the Trustees determine is necessary to enable the preparation of financial slatemenls that are free from material misstatement, whether due to fraud or error. In preparing the financial statements. the Trustees are responsible for assessing the Charity's ability lo continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Trustees either intend to cease OP8ralions, or have no realistic alternattve but to do so. Audltor's responsibFlIt(es for the audit of the flnanclal statements We have been appointed as audltor under section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect Ihereunder. Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material mlsstatement, whether due to fraud or error. and to issue an audilofs report Ihat includes our opinion. Reasonable assurance is a high level of assurance but is nol a guaranlee that an audil conducled in accordance with ISAS (UK) will always detect a material misstatement when it exisls. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to irlfluence Ihe economic decisions of users taken on the basis of these financial stateTnenls. Irregularities. including fraud, are instances of non-compliance with laws and regulations. We design procedures in line wilh our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularilies, including fraud, is detailed below. Capablllty of the audit In detecting irregularltles, includlng fraud Based on our understanding of Ihe Gharitable company and the sector in which it operates, we identified that the following laws and regulations are signlficant to the entity- • Those laws and regulation5 considered to have a direct effect on the financial statements Including UK financial reporting standards and Charities Act 2011. Employment and Pension legislation. . Those laws and regulations for which non-compliance may be fundamental to the operating aspects of the Charity and therefore may have a material effecl on the financial statements include compliance with charitable objectives, public benefit, fundraising regulations, safeguarding, data protection, food safety & hygiene regulations and health and safety legislation. These matters were discussed amongst the engagement team at the planning stage and the team remalned alert throughout the audit. Audit procedures undertaken in response to the potential risks relating to irregularities (which include fraud and non- compliance with laws and regulations) comprised of.. inquiries of management and the Trustees as to whether the entity complies with such laws and regulalions., enquiries with the same concerning any actual or potential Illigation or claims,. inspection of relevant legal correspondence and legal costs incurred., review of Trustee meeting minutes. testing the appropriateness of journal entries,. and the performance of analytical review to identify unexpected movements In account balances which may be indicative of fraud. No Instances of material non-compliance were identified. However, the Ilkelihood of delecting irregularities. includlng fraud, is limited by the inherent difficulty in detecting irregularities. the effectiveness of the enlily's controls, and the nature, timing and extent of the audit procedures performed. Irregular(lies that result from fraud might be Inherently more difficult to delecl than irregularities thal result from error. As explained above, there is an unavoidable risk that material mlssta(emenls may not be detected, even Ihough the audit has been planned and performed In accordance with ISAS (UK). A further descriplion of our responsibilities is available on the Financial Reporting Council's website at.. hltps-ll W.frc.org.UklaUd]t0rsreSpoSlbI1I1les. This description forms part of our auditor's report. 11

Docusign Envelope ID.. O318FC84-97A94DOC4B8l5DB07F8F2 NEWCASTLE FOODBANK CIO INDEPENDENT AUDITOR'S REPORT {CONTINUED) TO THE TRUSTEES OF NEWCASTLE FOODBANK CIO Use of our report Thls report Is made solely to the Charity's Trustees. as a body, In accordance wilh part 4 of the Charities (Accounts and Reports) Regulalions 2008. Our audil WOFk has been undertaken so Ihat we might slate lo the Charlly's Truslees those matters we are required to slate lo them in an audito¢s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other Ihan the Chaiily and the Charity's Trustees as a body, for our audll work, for this report, or for the opinions we have formed. saed by. 15B4AADBSES74F4 Mr Stephen Slater (Senior Statutory Auditor) For and on behalf of Sumer Auditco Limited, Statutory Auditor Accountants Unit 2 Gosforth Park Avenue Newcastle upon Tyne NE12 8EG 18 November 2025 Date:......................... Sumer Auditco Limited is eligible for appoinlmenl as audilor of the Charity by virtue of ils eligibility for appolntmenl as auditor of a Company under section 1212 of the Companies Acl 2008. 12-

Docusign Envelope ID.. O318FC84-97A94DOC4B8l5DB07F8F2 NEWCASTLE FOODBANK CIO STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Current flnanclal year Unrestricted funds 2025 Restrlcted funds 2025 Total Total 2025 2024 Notes Income from". Donalions and legacies Charitable activities Inv8Stmenls 994.666 5,543 68.461 242.202 63,715 1,236.868 69,258 68,461 1,296,160 49,689 53,805 Total income 1,068,670 305,917 1.374.587 1,399.654 Expenditure on: Raising funds Charitable activities 1,418 718.843 1,418 975,936 1,964 1,026.242 257,093 Total expenditure 720.261 257.093 977,354 1,028,206 Net income and movement In funds 348,409 48,824 397,233 371,448 Reconclllatlon of funds: Fund balances at 1 April 2024 2.280.920 74.631 2,355,551 1,984,103 Fund balances at 31 March 2025 2,629,329 123,455 2,752,784 2,355,551 The slatement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from conlinuing activities. 13-

Docusign Envelope ID.. O318FC84-97A94DOC4B8l5DB07F8F2 NEWCASTLE FOODBANK CIO STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Prior financial year Unrestricted funds 2024 Restricted funds 2024 Tolal 2024 Notes Income from: Donations and legacies Charitable actlvities Investments 1,019,113 5,013 53,805 277,047 44,676 1.296.160 49,689 53,805 Total income 1.077,931 321,723 1,399,654 Expendlture on: Raising funds Charitable activities 1,673 634.714 291 391.528 1,964 1,026,242 Total expendilure 636.387 391,819 1,028,206 Net Incomellexpendlture) and movement In funds 441.544 (70,098) 371,448 ReGoncilialion of funds: Fund balances at 1 April 2023 1,839,376 144,727 1,984,103 Fund balances at 31 March 2024 2,280,920 74,631 2,355,551 14-

Docusign Envelope ID.. O318FC84-97A94DOC4B8l5DB07F8F2 NEWCASTLE FOODBANK CIO BALANCE SHEET AS AT 31 MARCH 2025 2025 2024 Notes Flxed assets Tangible assels 12 822,325 603,485 Current assels stocks Debtois Cash al bank and in hand 13 14 28,022 251.965 1,848,413 31,563 127.629 1,809.875 2.128,400 1,969,067 Creditors: amounts falling due withln one year 16 {197.941) (217,001) Net current assets 1.930.459 1,752,066 Total assets less current liabllltles 2.752.784 2,355.551 The funds of the Charity Restricted income funds Unrestricted funds 18 123.455 2,629.329 74,631 2.280,920 2,752,784 2,355,551 The financial slatemenls were approved by the Trustees on .... S,< L.. Mr S J Lightley {Treasurer) Tiustee . J Mccorry EO 15-

Docusign Envelope ID.. O318FC84-97A94DOC4B8l5DB07F8F2 NEWCASTLE FOODBANK CIO STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 Notes Cash flows from operatlng actlvllles Cash generated from operations 23 213,582 353.563 Investing actlvltles Purchase of tangible fixed assets VAT reclaim on tangible fixed assets Investment income received (243,505) (544,650) 15,249 53,805 68,461 Net cash used In investing activities (175,044) (475.596) Net cash used In flnanclng actlvltles Net Increasel(decreasel in cash and cash equivalents 38,538 (122,033) Cash and cash equivalents at beginning of year 1,809,875 1,931,908 Cash and cash equlvalents at end of year 1,848,413 1,809,875 18-

Docusign Envelope ID.. O318FC84-97A94DOC4B8l5DB07F8F2 NEWCASTLE FOODBANK CIO NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies Charlty Information Newcaslle Foodbank (formerly The Bede Foodbank and trading as Newcastle West End Foodbank) is a Charitable Incorporated Organisation (CIO), firsl registered on 1 July 2013, and has a constitution as its governing document. The Charity registration number and registered office can be viewed on legal and adminSstralion page. 1.1 Accounting conventlon The financial stalemenls have been prepared in accordance with Ihe Ch8rily's governing document, the Charities Act 2011, FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland" C'FRS 102.) and the Charities SORP "Accounting and Reporting by Charities.. Stalement ol Recommended Practice applicable to charities preparing their accounts in accordanGe with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effeclive l January 2019). The Charity is a Public Benefit Entity as defined by FRS 102. The fsnancial statements are prepared in sterling. which is the functional currency of Ihe Charity. Monetary amounts in Ihese financial stalements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. 1.2 Going concern At the time of approving the financial statements, the Trustees have a reasonable expectation that the Charity has adequate resources to conlinue in operational existence for the foreseeable future. Thtjs Ihe Trustees continue to adopt the going concern basis of accounting in preparing the financial slatements. 1.3 Charltable funds Unrestricted funds are available for use at the discretion of Ihe Trustees in furtherance of their charitable objectives. Designated funds comprise funds which have been set aside at the discretion of the Trustees for specific purposes. The purposes and uses of the designated funds are sel out in the notes to the financial slatements. Restricted funds are subject lo specific conditions by donors or granlors as to how they may be used. The purposes and uses of the restricted funds are sel out in the notes to the financial statements. 1.4 Income Income Is recognised when the Charity has enlitlement to the resources, any performance conditions attached to Ihe item(s) of income have been met, it is more likely Ihan not Ihat the resources will be received and the monetary value can be measured with sufficient reliability. Donated goods are measured at fair value (the amount for which the assel could be exchanged) unless impractical to do so. The Charily recognises the value of donated food held at the year-end based on the prices at which typical foodstuffs cnmprising food parcels can be purchased most cheaply. The value of food donated during the year is arrived at by taking a simple average of the cost at which such foodstuffs could be purchased at the start and the e1 of the financial year. 17-

Docusign Envelope ID.. O318FC84-97A94DOC4B8l5DB07F8F2 NEWCASTLE FOODBANK CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies (Continued} Income from government and other gr8nts, whether 'capilal' grants or 'revenue' grants, is recognised when the Charity has entitlement lo the funds, any performance conditions altached lo the granls have be8n mel, it is probable that the income will be received and the amount can be measured reliably and is not deferred. Income received in advan of the provision of a specified service is deferred until the crileria of income recognition ale mel. The value of volunteer help received is not included in the accounts but is described In the Trustees, annual report. Interest on fund5 he5d on deposit is included when received and the amount Gan be measured reliably by the Charity. this is normally upon notificatton of the interest paid or payable by the bank. 1.5 Expenditure Expenditure Is recognised once there is a legal or constiuctive obligalion to transfer economic benefit to a Ihird party, it is probable that a transfer of economic benefils will be required in settlement, and the amounl of Ihe obligalion can be measured reliably. Expenditure on charitable aclivitles Includes the costs of food distribution and other activities undertaken to further the purposes of the Charity and their associated support costs. Support cost5 have been allocaled belween governance and other support costs. Governan costs comprise all cosls involving public accountabilily of the Charity and its compliance with Tegulation and good practice. Support costs are those functions that assist the work of the Charity but do not directly underlake chaiilable activitles. Support costs include c8nlral functions and have been allocated to activity cost categories on a basis consistent wilh the use of resources. 1.6 Tanglble flxed assets Tangible fixed assels are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losse5. Depreciation Is reGognised so as to writo off the cost or valuation of asset5 less Iheir residual values over thelr useful lives on the following bases: Freehold land and bulldings Property Improvements Equipment Motor vehlcles Warehouse planl and equipment over 50 years straight lin6 over 20 years straighl line over 4 years straight line over 4 years straight line over 10 years straight line The gain or loss arising on the disposal of an assel is determined as the differen¢a between the sale proceeds and the carrylng value of the asset. and is recognised in the statement of financial activities. 1.7 Impalrment of fixed assets Al each reporting end date, the Charily revlews the carrying amounts of its tangible assets to determine whether Ih&re is any indication Ihal those assets have suffered an impairment 1055. If any such indicatlon exists, the recoverable amount of the asset 18 estimated in order to determine Ihe exlent of the impairtnent loss (if any). 18-

Docusign Envelope ID.. O318FC84-97A94DOC4B8l5DB07F8F2 NEWCASTLE FOODBANK CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies (Continued) 1.8 stocks The valuation of year end stocks is based on actual costs where available for purchased goods. For donated goods, closing stocks are valued by product range based on the costs at which such foodstuffs could be purchased al the end of the financial year. Where foodstuffs are held as mixed items at the year end. including food parcels awaiting distribution. an overall blended cost is applied. 1.9 Cash and cash equlvalents Cash and cash equivalents include cash in hand, deposits held at call with banks. other short-lerm liquid investments wth original maturities of three months or less. and bank overdrafts. Bank overdrafls are shown within borrowings in current liabilities. 1.10 Flnanclal Instruments The Charity has elected to apply the provisions of Section 11 'Baslc F5nancial Instruments, and Section 12 'Olher Financial Instruments Issues, of FRS 102 to all of its financial instruments. Financial instruments are recognised in the Charity's balance sheet when the Charily becomes party to the contractual provisions of the Instrument. Financial assets and liabililies are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off Ihe recognised anounts and Ihere is an intention to setlle on a net basis or to realise the assel and settle the liability simultaneously. Basic financial assets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction cosls and are subsequent]y carried at amortised cost using Ihe effeclive interest method unless the arrangement constitutes a finanng transaction. where the transaction is measured al the present value of the future receipts discounted at a market rate of interest. Flnancial assets classified as receivable within one year are not amortised. Baslc financial liabilities Basic financial liabilities. including creditors and bank loans. are initially iecognised at transaction price unless Ihe arrangement constitutes a financing transaction, where the debl instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabililles Glassified as payable within one year are not amortised. Debl instruments are subsequenlly carried at amortised cost. using the effective interest rate method. Trade creditors are obligations to pay for goods or services Ihat have been acquired in the ordinary course ol operalions from suppliers. Amounts payable are classified as current liabilities if payment is due wilhin one year or less. If not, they are presented as non-current liabilities. Trade cieditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. Derecognjtlon of flnancial liabilities Financial liabilities are derecognised when the Chatity's conlractual obligatlons expire or are discharg8d or cancelled, 1.11 Taxation The Charity Is exempl from tax on Income and gains falling wilhin section 505 ofthe Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to charitable objecls. Irrecoverable VAT Irrecoverable VAT Is charged against the category of resources expended for which it was Incurred. 19-

Docusign Envelope ID.. O318FC84-97A94DOC4B8l5DB07F8F2 NEWCASTLE FOODBANK CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollcles (Continued 1.12 Employee benefits The cost of any unused holiday enlitlement is recognised in the period in which the employee's servlces are received. Termination benefits are recognised immedialely as an expense when the Charity is demonstrably committed to terminate the employmenl of an employee or to provide lerminalion benefits. 1.13 Retirement benefits Payments to defined contribution retirernenl benefit schemes are charged as an expense as they fall due. Crltlcal accountlng estlmates and Judgements In the application of the Charity's accounting policies. the Tru51ees are required to make judgements, estimates and assumptions about the carrying amount of assels and liabililies that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates 8nd underlying assumplions ar8 reviewed on an ongoing basis. Revisions to accounting eslimates are recognised in Ihe period in which Ihe estimale is revised where Ihe reslOn affecls only that period, or in the period of the revision and future periods where the revision affecls both current and future periods. Crltical Judgements Assessing indicators of Jmpairment In assessing whether Ihere have been any indicalors of impairment of assels, the Trustees have considered both exlernal and internal sources of information such as markel conditions and experience of recoverability. Key sources of estlmatlon uncertalnty Determining residual values and usoful economic lives of tangible fixed assets The Charity depreciates langible fixed assets over their eslimated useful lives. The eslimation of the useful lives of assets is based on historical performance as well as expectations about future use and therefore requires estimates and assumptions to be applied by management. The actual lives of Ihese assets can vary depending on a variety of factors, Includlng technological Innovalion, product life cycles and maintenance programmes. Judgement is applied by Trustees wh8n delermining Ihe residual values for tangible fixed assets. When determining the residual value Trustees aim lo assess the amount Ihat Ihe Charity would currently obtain for the disposal of the asset, if it were already of the condition expected at the end of its useful economic life. The Carrying amount of tangible assets at the reporting end date was £822,325 (2024., £603,485). -20-

Docusign Envelope ID.. O318FC84-97A94DOC4B8l5DB07F8F2 NEWCASTLE FOODBANK CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Income from donations and legacies {Contlnuedl Un restrlcted Restrlcted funds funds 2025 2025 Total UnrestrlGted Restrlcted funds fund5 2024 2024 Total 2025 2024 Donatlons and gifts NUFC Fans, Foodbank Matchday Collections Reuben Foundation NUFC Joelinton Cassio Apolinario Norton Rose Fulbright Sam Fender Mike Pulman Llmited The Elsle Davis Trust Riverside Foundation Malholra Group Mick Oxley Gallery Olher donations and gifts Gift Aid 76,185 73,987 37.500 76,185 73,987 75.000 97,871 83,159 42,500 97,871 83,159 80,000 37.500 37,500 12,158 10,000 6.887 12,158 10,000 6,887 10.000 10.000 15,000 7,000 15,000 7,000 6,000 4.840 4,745 4,690 413,720 44.200 6,000 4,840 4,745 4,690 414,820 44,200 374.733 54.075 374.733 54.075 1,100 648.480 37.500 685,980 730,770 38,600 769,370 Grants receivable for core acllvltles Newcastle City Council - Newcastle Fund Watches of Switzerland The Trussell Tru51 The Squires Foundation Celtic FC Foundation IndependentAge other 25,000 50,000 121,882 25.(K)O 50,000 149,536 10.000 4,000 49,999 50,000 110,373 49,999 50,000 133,701 10,000 4,000 20,000 8,575 27,654 10.000 23,328 10.000 4,000 4,000 20,000 4,075 3.820 3.820 4.500 37,654 204.702 242.356 37,828 238,447 276,275 Donated goods and servlces The value of food donated during the year lo the Charity is calculated al an average rato of £1.1751kg for the year ended 31 March 2025 (2024: £1.14 per kg). The Charity has also benefitted from. but nol recognised in its accounts, the contributlon of servlces made by unpaid general volunteers. -22~

Docusign Envelope ID.. O318FC84-97A94DOC4B8l5DB07F8F2 NEWCASTLE FOODBANK CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Income from charitable activities Current financial year Foodbank Food Newcastle 2025 Pantry Total 2025 2025 2025 Sale of goods Services provided under contract Other income 1.772 29,434 31,206 32,642 5,410 32,642 5,410 7,182 32,642 29.434 69,258 Analysis by fund Unrestricted funds Restricted funds 5.543 1,639 5.543 63.715 32,642 29,434 7,182 32.642 29,434 69,258 Prior financial year Foodbank Food Newcastle 2024 Pantry 2024 Total 2024 2024 Sale of goods Services provided under contract other income 14,676 14,676 30,000 5,013 30,000 5,013 5,013 30,000 14,676 49,689 Analysls by fund Unrestricted funds Restricted funds 5,013 5,013 44,676 30,000 14,678 5,013 30,000 14,676 49,689 -23-

Docusign Envelope ID.. O318FC84-97A94DOC4B8l5DB07F8F2 NEWCASTLE FOODBANK CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Income from investments Unrestrlcted Unrestrlcted funds funds 2025 2024 Interest recetvable 68.461 53,805 Expenditure on raising funds Unrestrlcted Restrlcted funds funds 2025 2025 Total Unrestrlcted Restrlcted funds lunds 2024 2024 Total 2025 2024 Fundralslng and publlcity Qther fundraising costs 1.418 1.418 1,673 291 1.964 -24-

Docusign Envelope ID.. O318FC84-97A94DOC4B8l5DB07F8F2 NEWCASTLE FOODBANK CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Expenditure on charitable activities Foodbank Food Newcastle 2025 Pantry Total Total 2025 2025 2025 2024 Direct costs Staff costs Depreciation and impairment Value of donated goods distributed to beneficiaries Value of food purchases dlstributed to beneficiaries Other staff costs Travel and subsistence Volunleer costs Project resources Transport costs Irrecoverable VAT 158,410 4,763 26,833 59,698 18,835 244.941 23.598 234,882 24.774 147,246 147,246 231,372 189.782 6,185 982 857 37,669 6,670 9,929 2,407 79,744 251,933 6,185 982 888 39.433 10,385 9.929 180,596 6,989 882 1,121 104,223 16,2fj2 8,588 31 1.594 3,715 170 542.493 29,410 163,617 735,520 809,639 Share of support and governance costs (see note 8) Support 234,825 Governance 5,520 51 20 234,896 5,520 211,046 5,557 7B2,838 29.461 163.637 975.936 1,026,242 Analysis by fund Unrestricted funds Restricted funds 616,302 166,536 102,541 61.096 718,843 257,093 634.714 391,528 29,461 782.838 29,461 163,637 975,936 1,026,242 -25-

Docusign Envelope ID.. O318FC84-97A94DOC4B8l5DB07F8F2 NEWCASTLE FOODBANK CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Expendllure on charltable activities (Continued Previous year: Foodbank Food Newcastle 2024 Pantry Total 2024 2024 2024 Dlrect costs staff costs Deprecialion and impairment Value of donaled goods distributed to beneficiaries Value of food purchases distributed to beneficiaries Other staff costs Travel and subsistence Volunteer costs Project resources Transport costs Irrecoverable VAT 163,731 10,527 231,372 150,320 3,250 584 1,121 100,459 12.734 8.494 23,734 47.417 14.247 234,882 24,774 231,372 180,598 6,989 882 1,121 104,223 16,212 8,588 30,276 3,760 (21) 298 74 3,690 3,478 94 682,592 24,179 102,868 809.639 Share of support and governance costs {see note 8) Support Governance 200,187 5.557 9,540 1,319 211,046 5,557 888,336 33,719 104,187 1,026,242 Analysis by fund Unreslrlcted funds Restricled funds 634,714 253,622 634,714 391,528 33,719 104,187 888.336 33,719 104.187 1,028,242

Docusign Envelope ID.. O318FC84-97A94DOC4B8l5DB07F8F2 NEWCASTLE FOODBANK CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Support costs allocated to actlvltles Foodbank 2025 Total 2024 staff costs Depreciation Rent & utilities: heal, light & water Premises Insurance Office costs Telephone IT costs Subscriptions and fees Legal and professional fees Bank charges Irrecoverable VAT Governance 154,345 1,087 23,071 6,063 3,178 558 1,391 1,916 2.407 19.389 1,045 20,466 5.520 135.526 6,884 17,025 2,968 1,195 2,100 2,243 1,579 6,748 26,937 1.250 6,591 5.557 240.416 216,603 2025 2024 Govèrnance costs comprise: Audit fees Trustee meeting Costs 5,500 20 5,500 57 5.520 5.557 Net movement In funds 2025 2024 The net movement in funds is slated after chargingl(crediting): Fees payable for the audit of the Charity's financial statements Depreciation of owned tanglble fixed assets 5.500 24,665 5,500 32,070 10 Trustees None of the Trustees (or any persons connected with them) received any remunerailon, expenses or benefits ffom tho Charity during the year (2024: £nil)- -27-

Docusign Envelope ID.. O318FC84-97A94DOC4B8l5DB07F8F2 NEWCASTLE FOODBANK CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 11 Employees The average monthly number of employees during the year Was: 2025 Number 2024 Number Employees 15 12 Employment costs 2025 2024 Wages and salaries Social security costs Olher pension costs 361,491 30,500 7,295 332,992 30,698 6,718 399,286 370,408 There were no employees whose annual remuneration was more than £60,000. Remuneratlon of key management personnel Key management has been determined to be the Trustees and one member of staff, being the CEO {2024: 1>. Trustees receive no remuneration or benefits. The total remuneration of the senior management team was: 2025 2024 Aggregate compensation 62,311 61,680 Aggregate compensation includes gross salary, with related employevs pension and employevs national insurance contributions. -28-

Docusign Envelope ID.. O318FC84-97A94DOC4B8l5DB07F8F2 NEWCASTLE FOODBANK CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 12 Tangible fixed assets Freehold land Property and buildings impTovements Equipment Motor vehicles Vlarehou5e plant and equlpment Total Cost At 1 April 2024 Additions 541,000 37,638 114,875 3,650 60,381 697,163 243,505 182,138 Al 31 March 2025 541,000 182,138 38,624 114,875 64,031 940,668 Depreclatlon and impairmont At 1 April 2024 Depreciation charged in Ihe year 36,184 57,494 93,678 902 1,067 21,498 534 24,665 At 31 March 2025 902 664 37,251 78,992 534 118,343 Carrying amount At 31 March 2025 540,098 181,474 1,373 35,883 63,497 822,325 Al 31 March 2024 541,000 1,454 57,381 3,650 603,485 13 Stocks 2025 2024 Finished goods and goods for resale 28,022 31,563 The valuation of year end stocks is based on actual costs where available for purchased goods. For donated goods, closing stocks are valued by product range based on the costs al which such foodstuffs could be purchased at the end of Ihe financial year. ljvhere foodstuffs are held as mixed items al Ihe year end, including food parcels awaiting distribution, an overall blended cosl is applied. The blended rate at 31 March 2025 was £1.21Jkg (2024: £1.141kg). 14 Debtors 2025 2024 Amounts falllng due wlthln one year: Trade debtors Other debtors Prepayments and accrued income 375 248,645 2,945 125,948 1.681 251,965 127,629 -29-

Docusign Envelope ID.. O318FC84-97A94DOC4B8l5DB07F8F2 NEWCASTLE FOODBANK CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 15 Creditors: amounts falling due within one year 2025 2024 Notes other taxatlon and social security Deferred incom8 Trade creditors Other creditors Accruals 7,392 158,625 8.687 1.919 21,318 9,487 182,589 7.729 1,364 15.832 16 197,941 217,001 16 Deferred income 2025 2024 Other deferred income 158.625 182,589 Deferred income is included in the financial slatements as follows: 2025 2024 Deferred income is included within= Current liabilities 158,625 182,589 Movements in the year.. Deferred income at 1 April 2024 Released Irom prevlous periods Resources deferred in the year 182,589 (162,882) 138,918 91,682 (91,682) 182,589 Deferred income at 31 March 2025 158,625 182,589 17 Retlrement beneflt schemes 2025 2024 Deflned contrlbution schemes Charge to profit or Ioss in respect of defined contribution schemes 7,295 6,718 The Charity operate5 a defined conlributlon pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the Charily in an independently admlnislered fund. -30-

Docusign Envelope ID.. O318FC84-97A94DOC4B8l5DB07F8F2 NEWCASTLE FOODBANK CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 l B Restrlcted funds The income funds of Ihe Charily include restricted funds comprising Ihe following unexpended balances of donations and grants held on trust for specific purposes: Current financial year Movement In funds Incomlng resources Balance at April 2024 Rèsour¢8B Balancè at expended 31 March 2025 Pathways Welfare Project Foodbank warehouse The Pantry Food purchases Organising and Local Mobilisation Food Newcastle 3.531 85,434 79,634 29,434 41,500 35.947 33,968 (86.559) (350) (61.075) (41.500) (38,148) (29,461) 2,406 79,284 28.010 59,651 2,459 8,990 258 13,497 74,631 305.917 (257,093) 123,455 Prlor flnanclal year Movement In funds Incomlng Resources Balance at rosources expended 31 March 2024 Balance at 1 Aprll 2023 Pathways Welfare Project The Pantry Food purchases Organising and Local Mobilisalion Food Newcastle 13.033 123.061 140,867 40,777 66,500 39,504 34,075 (150,369) (104,187) (66,500) (37,045) (33,718) 3,531 59,651 2,459 8,990 8,633 144,727 321,723 (391,819) 74,631 Restricted funds represent Income resources used for a specific purpose wthin the Charlty as Identified by the donor. Pathways Wolfaro Project This represents funding of the Advocacy Welfare Project to help meet the needs of Ihe Charity's clients relating to issues such as debt, physical, so(aal and mental health to Improve their sltuatlon and help them move out of crisis. Foodbank warehouse This represents funding for a new roof of the warehouse, renovations and equipment for the new warehouse. The Pantry This represents funding to develop, launch and operate Ihe Pantry Project which provides affordable food for people who would olhetwise struggle to buy household essentials. -31

Docusign Envelope ID.. O318FC84-97A94DOC4B8l5DB07F8F2 NEWCASTLE FOODBANK CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 18 Restrlcted funds (Continued) Food purchases This represer)ts funding recelved to purchase of food for Fdbank clients. Organlslng and Local Mobllisation This represents funding received to develop and deliver local influencing strategies In the communily lo campaign for change. Food Newcastle This represents funding received to oversee hosting of the Food Newcastle contract on behalf of Newcastle Cily Council recognlsing the key role food can play in dealing with social, economic and environmental challenges. 19 Unrestrlcted funds The unrestricted funds of Ihe Charity comprise Ihe unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how Ihey may be used. These include designated funds which have been set aside out of unrestricted funds by the Truslees for specific purposes. At 1 Aprll 2024 Incomlng resources Resources expended Transfers At 31 March 2025 General unrestricted funds Designated unrestricted funds Foodbank Warehouse Pantry Welfare 1.979.835 1,068,670 (706,692) (612,484) 1,729,329 480,000 (197,516) 160,000 170,QOD 480,000 90,000 160,000 170,000 301.085 {13,569) 2,280,920 1,068,670 {720,261) 2,629,329 Prevlous year: At 1 Aprll 2023 Incomlng resources Resources expended Transfers At 31 March 2024 General unrestricted funds Deslgnated unrestricted funds Foodbank Kitchen Garden Christmas hampers Food purchases Warehouse Kitchen 1.837.601 1,048,408 (555,824) (350,350) 1,979,835 1.775 (1,775) {11.014) (16.873) (49.265) (1,636) 11,014 16,873 350,350 301,085 1,636 1,839,376 1,077,931 (636,387) 2,280,920 -32-

Docusign Envelope ID.. O318FC84-97A94DOC4B8l5DB07F8F2 NEWCASTLE FOODBANK CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 19 Unrestricted funds (Continued) Desi nated funds Foodbank Funding authorised by the Trustees to cover salary costs over a year period, consultancy fees and improvements to the food hubs. Warehouse Funding aulhorised by the Trustees for the developmenl of the warehouse and running costs. Pantry Funding authorised by the Trustees to purchase two new vans and make other investmenls in Pantry locations. Welfare Funding authorised by the Trustees to fund improvement of resources at the food hubs and refurbishment of the Lillia Centre. 20 Analysls of net assets between funds Current financlal year Unrestrlcted Restricted funds funds 2025 2025 Total 2025 Fund balances at 31 March 2025 are represented by. Tangible assets Current assetsl(liabilities) 715,033 1,914,296 107,292 16,163 822,325 1,930,459 2.629,329 123,455 2,752,784 Prior financlal year Unrestricted Restricted funds funds 2024 2024 Total 2024 Fund balances at 31 March 2024 are represented by.. Tangible assets Current assetsl(liabilities) 548,550 1.732,370 54,935 19,698 603,485 1,752,066 2.280,920 74,631 2,355,551 21 Related party Iransactlons There were no disclosable relaled party transactions during the year (2024.. none)- 22 Analysis of changes in net funds The Charity had no material debt during the year. -33-

Docusign Envelope ID.. O318FC84-97A94DOC4B8l5DB07F8F2 NEWCASTLE FOODBANK CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 23 Cash generated from operatlons 2025 2024 Surplus for the year 397,233 371,448 Ad}uslmenls for.. Investment income recognised in statement of financial activities Depreciation and impairment of tangible fixed assels (68,461) 24,665 (53,805) 31,658 Movements in working capital.. Decrease in stocks (Increase) In debtors Increasel(decreasel in creditors (Decrease)lincrease in deferred income 3,541 (124,336) 4,904 (23,964) 4,793 (89,123) (2,315) 90,907 Cash generated from operatlons 213.582 353,563

Docusign Envelope ID.. O318FC84-97A94DOC4B8l5DB07F8F2