Charity registration number 1153297 (England and Wales) STRATFORD-UPON-AVON FOODBANK ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025
STRATFORD-UPON-AVON FOODBANK LEGAL AND ADMINisfRATIVE INFORMATION Trustees D Logan H M Hedger N Hounsell M G Langley A Turner G Dryden K Rolfe A Cable E Greetham Y Hunter S Smith Charity number 1153297 Principal address Fred Winter Centre 41 Guild Street Stratford-upon-Avon Warwickshire CV37 6QY Independent examiner Burgis & Bullock 23-25 Waterloo Place Leamington Spa Warwickshire CV32 SLA Bankers HSBC Bank PLC 13 Chapel St Stratford-Upon-Avon Warwickshire CV37 6ET
STRATFORD-UPON-AVON FOODBANK CONTENTS Page Trustees, report Independent examiner's report Statement of financial artivities Balance sheet io Notes to the financial statements 11-24
STRATFORD-UPON-AVON FOODBANK TRUSTEES. REPORT FOR THE YEAR ENDED 30 NOVEMBER 2025 The Trustees present their annual report and financial statements for the year ended 30 November 2025. The financi31 statements have been prepared in accordance with the accounting policies set out in note I to the financial statements and comply with the charity's constitution, the Charities Art 2011 and 'Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the U K and Republic of Ireland IFRS 102)" leffective l January 20191. Objectives and activities Public benefit The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what artivities the charity should undertake. The objects of the CIO are the prevention or relief of poverty in Strafford-upon- Avon and surrounding areas in particular but not exclusively by providing emergency food supplies to individuals in need and/or charities, or other organisations working to prevent or relieve poverty. Activities In January 2025, we discussed and confirmed that our Strategic Plan remains aligned with our Charitable Objetts. Wision.. To provide emergency food and support in Stratford-upon-Avon and surrounding areas for people in need, and to work with partners to prevent and relieve poverty. Our Two Core Strategies: Effective provision of emergency food parcels and support for people in crisislneed Work with partners to understand and help alleviate the root causes of poverty We are now implementing our key plans to deliver these strategies. with details found below. Achievements and performance 2024125 has been another busy year with the following key metrics: No material change in food parcels distributed. although we fed slightly more children 12023124 1,882 vs 2024125 1,9071 5,296 parcels were distributed in the year compared to 5,264 in the prior year Food Donations received during the year amounted to 42.8 tonnes of stock In addition we purchased stock- 14.4t, including 5.lt fresh food
STRATFORD-UPON-AVON FOODBANK TRusfEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 NOVEMBER 2025 Our Activities can be grouped into three areas: l. Food distribution ond home deliveries As we had been unable to secure new premises during this reporting year, we continued to distribute five weekly sessions at four different locations, namely at The Ken Kennet Centre, two sessions at Escape Arts. Bishopston and Meon Vale. We have also continued to offer a home delivery service for those clients unable to get to our base or able to carry food parcels back home. In 202412025 we made 359 home deliveries, feeding 856 people. compared to 454 deliveries and 1.052 people in the year before - a slight decrease in both the number of deliveries and people fed. We have continued with our Support Agency Spotlight. where agencies attend some of our distribution sessions to help provide further support to clients attending. This is all meeting our objective to help alleviate some of the root causes of poverty which our clients are experiencing. Food Suppty and Storage Our main warehouse has been very busy throughout the year and, with demands outstripping donations. we have increasingly needed to purchase food. At the end of the financial year, we were holding 8.5t of stock compared to 11.2t at the end of the previous financial year (due partly to less successful supermarket food drives in October and November). As in 2024125, we carried out two stock checks during the year. 3. Projects Mone Advice Pro ram MAP Financial Inclusion Our Financial Inclusion support has continued to be in great demand. This has been provided in partnership with Coventry Independent Advice Service. supported through generous funding from Trussell. Despite facing some operational challenges. we have continued to deliver many positive results for our clients. Fresh Food Our fresh fruit and vegetables provision continues to be popular with most of those receiving a food parcel opting to accept what is offered. During the reporting year, the majority of our parcels included some fruit and vegetables with over S.It distributed. With minimal wastage and much positive feedback from clients, we have no plans to stop providing this option. Christmas Ham In December 2024 we delivered 458 hampers13.lt stock). fulfilling every nomination received. The majority of this was paid for through funding from both Municipal Charities and Heart of England. Preparations were already being made in November 2025 to continue with this much welcomed work for Christmas 2025. ers
STRATFORD-UPON-AVON FOODBANK TRusfEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 NOVEMBER 2025 School Holida Lunchboxes With the support of a Warwickshire County Council Local Welfare Scheme grant, we continue to distribute lunchbox hampers over the six-week summer holiday period, during the February, May and October half term holidays and the Easter holidays. Over the last year this has benefited 548 children, an increase of 49% on the previous year. Financial review This year we have been immensely grateful to Heart of England Community Energy for their support funding our distribution model and offering much needed monies towards our running costs. Desplte this, we needed to draw on our reserves making an overall loss of £39k. The main reasons for this are highlighted below: We continued to pay higher rents and premises costs while we searched for more suitable premises to meet our future needs. b. Overall our financial donations fell by around 8% although we continue to receive regular 5UPPOrt from many local churches, schools. businesses. charitable organizations, councils and local people to help us to fund our operating costs. During the year, we incurred costs on the removal of our previous storage unit which was based at Tescos. d. Our funding from Trussell towards our Foodbank Manager ceased in May lalthough we have since managed to obtain partial funding from the Stratford Town Trust towards this post) e. The need for a Fundraising Officer was recognized early in 2025 and monies were set aside to put in place a fund raising strategy and recruit someone to assist in this vital area for the future. It was recognised that this would result in up front costs. but that this should in the long run improve our financial position. This post was recruited to and commenced in August and we are beginning to see the positive impact of this in the new year. In spite of the above there are a number of positives. Whilst our food donations fell by 12.60A, numerous organi5ations and businesses gave monetary 5UPPOrt. many highlighting their interest in our fresh food offers. This paid for all our food purchases for the year, including our lunchboxes in the school holidays and Christmas hampers. Trussell continued as a key provider of grants during this financial year. although our Pathfinder funding for our Foodbank Manager and part-time Development Worker came to an end in September. Furthermore, their support for our Money Advice Project IMAP) will cease in the coming year and we are currently reviewing how best to deliver this service going forwards. The impact of the above has been a decrease in our overall reserves to £321k. Of this, £28k relates to monies received towards restricted project5 and £17k is advance payments towards performance related grants.
STRATFORD-UPON-AVON FOODBANK TRusfEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 NOVEMBER 2025 During 2024125 the Trustees reviewed our Reserves Strategy taking note of our 3 year strategic plan. In light of our significant reliance on our many supporters to provide food and cash donations at a time of increasing economic pressure, we agreed to set aside £IOOk to ensure our ability to continue to meet the potential demands upon us. This would effectively cover us for around 6 months giving u5 time to review our costs/ income, taking necessary attions. whilst continuing to deliver our much needed services. More recently we have also agreed to designate funds towards the continuation of MAP until September 2026. In December 2025, we finally found and signed an agreement on our new premises in Stratford after a long search. This will be a combined warehouse and distribution centre, but involves significant costs to refurbish. Work is underway and we hope to move to our new building by May 2026, when we will finally leave Fred Winter Centre. The financial impact of this move will be substantial and will result in further losses in 2026 as we will be paying for two buildings for some time. Capital expenditure will also be significant, but we are confident this will provide a more inviting environment for our clients, better working conditions for our staff and volunteers and sufficient capacity for the future. We are fortunate that we have reserves available to enable this move, but we are also indebted to numerous organisations who are supporting us to achieve this change. Structure. governance and management The charity is a charitable incorporated organisation established under a constitution signed on 24th July 2013. The Trustees who served during the year and up to the date of signature of the financial statements were.. D Logan C Collins H M Hedger N Hounsell M G Langley A Turner (Resigned l June 20251 Kjones (Resigned l March 20251 G Dryden K Rolfe Jutila A Cable E Greetham Y Hunter S Smith (Resigned 17 February 2026) (Appointed 17 February 20261 (Appointed 17 February 20261 (Appointed 17 February 20261 (Appointed 17 February 20261
STRATFORD-UPON-AVON FOODBANK TRusfEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 NOVEMBER 2025 Recruitment and oppointment of trustee5 Unfortunately, due to unexpected personal circumstances, two Trustees had to Step down during this reporting year. Another Trustee recruitment drive commenced in November 2025 with a view to recruiting sufficient new Trustees to provide the Board with resilience and the skills/experience to continue to lead the Charity. We have continued to make good progress in our Governance. reviewing and approving the following policies during the year: Holiday Policy Absence Policy Safeguarding Policy Ireviewedl Serious Incident reporting policy Ireviewedl Health and Safety Policy Ireviewedl Organisational structure Kate Morris, our Foodbank Manager left in August 2025 and we would like to recognize her huge resilience, strong leadership, hard work and commitment. We have since been joined by Asher Deakin who started in September 2025 and brings sound relevant experience and a strong skillset to take the Foodbank forward and build upon Kate's work. Sarah. our part-time Assistant Manager and Operational Lead continues to provide invaluable services despite a very heavy workload this year. We also employ three part-time staff posts: a Distribution Session Lead, and two van drivers to manage our satellite distribution model and parcel collection sessions in local community settings. As mentioned above we also recruited an Events and Community Fund Raising Officer, who also serves as a key link between the foodbank and our local community. We have had another very challenging year and are extremely thankful for the hard work and dedication of our staff team, who, without exception, have risen to all the challenges they have faced and continue to deliver our service. They work tirelessly and cheerfully to support people within our community on a daily basis, often in very difficult circumstances. We are also indebted to our Volunteers. Over the last year we have had over 160 volunteers. contributing over 5,000 hours of unpaid time. 1,800 hours were in our Warehouse, 2,000 hours on front line Distribution, with the remaining 1,200+ hours across food drives, supermarket collections, home deliveries, events and other initiatives. We remain completely in awe of all the time given and the terrific work that our volunteers continue to undertake. Finally we want to record our grateful thanks to Mercedes and Multibanks (The National Family Centre.Ltdl who provided an electric van for our use in the latter part of the year.
STRATFORD-UPON-AVON FOODBANK TRusfEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 NOVEMBER 2025 The Trustees, report was approved by the Board of Trustees. D Logan Trustee 24 March 2026
STRATFORD-UPON-AVON FOODBANK INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF STRATFORD-UPON-AVON FOODBANK I report to the Trustees on my examination of the financial statements of Stratford-upon-Avon Foodbank (the charity) for the year ended 30 November 2025. Responsibilities and basis of report As the Trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011. I report in respect of my examination of the charity's financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 14515llb) of the Charities Act 2011. Independent examiner's statement Since the charity's gross income exceeded £250,CrfXI, the independent examiner must be a member of a body listed in section 145 of the Charities Act 2011. 1 confirm that l am qualified to undertake the examination because l am 3 member of the Association of Certified Chartered Accountants, which is one of the listed bodies. Your attention is drawn to the fatt that the charity has prepared the financial statements in accordance with the relevant version of the Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 in preference to the Accounting and Reporting by Charities.. Statement of Recommended Practice issued on l April 2005 which is referred to in the extant regulations but has now been withdrawn. I understand that this has been done in order for the financial statements to provide a true and fair view in accordance with UK Generally Accepted Accounting Practice. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: accounting records were not kept in respect of the charity as required by section 130 of the Charities Act 2011. the financial statements do not accord with those records: or the financial statements do not comply with the applicable requirements concerning the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements Eive a true and fair view, which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable 3 proper understanding of the financial statements to be reached. Burgis & Bullock 23-25 Waterloo Place Leamington Spa Warwickshire CV32 SLA Wende Hubbard FCCA 24th March 2026 Date..
STRATFORD-UPON-AVON FOODBANK STATEMENT OF FINANCIAL AcfiviTIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 NOVEMBER 2025 Current financial year Unrestricted Unrestrirted funds funds general designated 2025 2025 Restricted funds Total Totsl 2025 2025 2024 Note5 Income from: Donations and legacies Charitable attivities 210.918 6,664 8,887 210,918 158,651 8,887 216,680 217,209 151,987 Investments Total income 226.469 151,987 378.456 433,889 Expenditure on: Charitable activities 237.802 179.740 417.542 399,766 Total expenditure 237,802 179,740 417,542 399,766 Net income/(expenditure) {11.3331 (27,7531 139,0861 34,123 Transfers between funds {6,6641 16,973 {10,3091 Net movement in funds {17,9971 16,973 (38,0621 139,0861 34,123 Reconciliation of funds: Fund balances at l December 2024 194,369 100.000 65,696 360.065 325,942 Fund balances at 30 November 2025 176.372 116.973 27.634 320,979 360,065 The statement of financial 3Ctivitie5 includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
STRATFORD-UPON-AVON FOODBANK STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED} INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 NOVEMBER 2025 Prior financial year Unrestrirted Unrestricted funds funds general designated 2024 2024 Restrirted funds Totsl 2024 2024 Notes Income from: Donations and legacies Charitable attivities 216.680 11.363 216,680 217,209 205,846 Total income 228.043 205,846 433,889 Expenditure on: Charitable activities 230,653 169,113 399,766 Total expenditure 230.653 169,113 399,766 Net income/{expenditure) 12.610) 36.733 34,123 Transfers between funds 155,000) 55,000 Net movement in funds 157.610} 55.000 36.733 34,123 Reconciliation of funds: Fund balance5 at l December 2023 251.979 45.000 28.963 325,942 Fund balances at 30 November 2024 194,369 loo,000 65,696 360,065
STRATFORD-UPON-AVON FOODBANK BALANCE SHEET ASAT30 NOVEMBER 2025 2025 2024 Notes Fixed assets Tangible assets io 5.411 13.212 Current assets Stocks Debtors Cash at bank and in hand li 23.527 6.737 310,240 26,549 7,020 377,748 12 340.504 411.317 Creditors: amounts falling due within one year 13 124,9361 164,4641 Net current assets 315,568 346,853 Total assets less current liabilities 320.979 360,065 The funds of the charity Restricted income funds Unrestricted funds - general Unrestricted funds - designated 16 27.634 176,372 116,973 65,696 194,369 loo,000 17 320.979 360,065 The financial statements were approved by the Trustees on 24 March 2026 D Logan Trustee 10-
STRATFORD-UPON-AVON FOODBANK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025 Accounting policies Charity information Stratford-upon-Avon Foodbank is a charitable incorporated organisation, based in England and Wales, established by a constitution on 24th July 2013. The charity's principal address is Fred Winter Centre, 41 Guild Street, StratFord-upon-Avon, CV37 6QY. 1.1 Accounting convention The financial statements have been prepared in accordance with the charity's constitution, the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" {"FRS 102,1 and the Charities SORP "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021" leffective I January 20191. The charity is a Public Benefit Entity as defined by FRS 102. The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows. The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn. The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements 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 continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements. 1.3 Charitable funds Unrestricted funds are available for use at the discretion of the 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 set out in the notes to the financial statements. 11
STRATFORD-UPON-AVON FOODBANK NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 NOVEMBER 2025 Accounting policies {Continued) Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements. 1.4 Income Income is recognised when the charity is legally entitled to it after any performance conditions have been met. the amounts can be measured reliably. and it is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Gifts in kind donated for distribution are included at valuation. using the price per kilogram recommended by Trussell and are recognised as income on receipt of the goods. During this year the price per kilogram was £2.7712024- £2.37). 1.5 Expenditure Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. 1.6 Tangible fixed assets Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases- Fixtures and fittings Motor vehicles 25% straight line 33% straight line The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities. 12-
STRATFORD-UPON-AVON FOODBANK NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 NOVEMBER 2025 Accounting policies {Continued) 1.7 Impairment of fixed assets At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss lif any). 1.8 Food stock Stocks are valued using the price per kilogram recommended by Trussell Trust. During this year the price per kilogram was £2.77 {2024-£2.37). 1.9 Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held at call with banks. fixed term deposits of twelve months and under, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. 1.10 Financial instruments The charity has eletted to apply the provisions of Settion 11 'Basic Financial Instruments, and Section 12 '0ther Financial Instrumentslssues, of FRS 102 to all of its financial instruments. Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contrattual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statement5, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. B05icfinancial a55ets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transattion costs and are subsequently carried at amortised cost using the effective interest method. 13-
STRATFORD-UPON-AVON FOODBANK NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 NOVEMBER 2025 Accounting policies {Continued) Basicfinonciol liabilities Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost. using the effective interest rate method. Trade creditors are obligation5 to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not. they are presented as non-current liabilities. Trade creditors are recognised initially at transattion price and subsequently measured at amortised cost using the effective interest method. Derecognition offinanciul liubilities Financial liabilities are derecognised when the chariws contractual obligations expire or are discharged or cancelled. 1.11 Retirement benefits Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due. Donations and legacies Unrestricted funds general 2025 Unre5trirted funds general 2024 Donations and gifts Donated food stock 92,413 118.505 99,843 116,837 210,918 216,680 14-
STRATFORD-UPON-AVON FOODBANK NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 NOVEMBER 2025 Income from charitable activities Unrestricted Restricted funds funds 2025 2025 Total Unrestricted Restricted funds funds 2024 2024 Total 2025 2024 Project work Services provided under contract 6.664 87.368 94.032 11.363 124.654 136,017 For provision of good5 Grants 64,619 64,619 81,192 81,192 6.664 151.987 158.651 11.363 205.846 217,209 Charitable trading income Government grants totalling £12,25912024'.£15,614) were received in the year. Income from investments Unrestricted Unrestricted funds funds 2025 2024 Interest receivable 8,887 15-
STRATFORD-UPON-AVON FOODBANK NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 NOVEMBER 2025 Expenditure on charitable activities Project For work provision of goods 2025 Totsl Project For work provision of goods 2024 Total 2025 2025 2024 2024 Dirert cost5 Staff costs Depreciation Fees and subscriptions Rent and services Advice services Purchase of goods Office costs Motor and travel costs Miscellaneous Donated food 31,369 100,838 7.801 15.942 31,251 132,207 7.801 15.942 31,251 39,733 30.111 6.829 4,196 17.921 125.983 54,573 47,850 9,261 6.892 23,061 102,423 9,261 6,892 23,061 80,743 30,879 5,284 5,135 14,182 114,943 39,733 80,743 30.111 6.759 4,101 17.797 125.983 30.879 5.284 3,298 10,371 114.943 70 95 1,837 3,811 124 71,391 340,583 411,974 140,964 251,839 392,803 Share of support and governance costs (see note 6) Governance 2,784 2,784 5,568 3,816 3,147 6,963 74.175 343.367 417.542 144.780 254.986 399,766 Analysis by fund Unrestricted funds - general Restricted funds 2,784 71,391 235.018 108,349 237.802 179,740 17.723 127,057 212.930 42,056 230,653 169,113 74,175 343.367 417.542 144.780 254.986 399,766 16-
STRATFORD-UPON-AVON FOODBANK NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 NOVEMBER 2025 Support COSt5 Support Governance costs costs 2025 2024 Independent examiner's fees Legal and professional 2.783 2.785 2.783 2.785 2,010 4,953 5,568 5,568 6,963 Analysed between Charitable activities 5,568 5,568 6,963 Trustees None of the Trustees lor any persons connected with them) received any remuneration during the year, and none were reimbursed expenses12024- none). Employees The average headcount during the year was: 2025 2024 Number Number Employment costs 2025 2024 Wages and salaries Social security costs Other pension costs 128,448 2.008 1,751 97,248 3,393 1,782 132.207 102,423 17-
STRATFORD-UPON-AVON FOODBANK NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 NOVEMBER 2025 Employees {Continued) There were no employees whose annual remuneration was more than £60,000. Remuneration of key management personnel The remuneration of key management personnel was as follows: Aggregate compensation 50,375 51,073 Taxation The charity is exempt from taxation on its activities because all its income is applied for charitable purposes. 10 Tangible fixed assets Fixtu ond Motor ¥ehi¢les ffttings Total Cost At l December 2024 7.460 11.6201 23.640 31,100 11,6201 Disposals At 30 November 2025 5,840 23,640 29,480 Depreciation and impairment At l December 2024 Depreciation charged in the year Eliminated in respect of disposals 7,460 10,428 7.801 17,888 7,801 11,6201 11.6201 At 30 November 2025 5,840 18,229 24,069 Carrying amount At 30 November 2025 5,411 5,411 At 30 November 2024 13.212 13,212 18-
STRATFORD-UPON-AVON FOODBANK NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 NOVEMBER 2025 11 Stocks 2025 2024 Donated foods held for distribution 23.527 26,549 12 Debtors 2025 2024 Amounts falling due within one year: Prepayments and accrued income 6,737 7,020 13 Creditors: amounts falling due within one year 2025 2024 Notes Other taxation and social security Deferred income Accruals 1,715 17,490 5.731 2,393 57,090 4.981 14 24,936 64,464 19-
STRATFORD-UPON-AVON FOODBANK NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 NOVEMBER 2025 14 Deferred income 2025 2024 Other deferred income 17,490 57,090 Deferred income is included in the financial statements as follows: 2025 2024 Deferred income is included within: Current liabilities 17,490 57,090 Movements in the year: Deferred income at l December 2024 Released from previous periods Resources deferred in the year 57,090 157,0901 17,490 92,128 (89,9891 54,951 Deferred income at 30 November 2025 17,490 57,090 Deferred income relates to performance related grants where income is received before terms and conditions can be met. 15 Retirement benefit scheme5 2025 2024 Defined contribution schemes Charge to profit or loss in respett of defined contribution schemes 1,751 1,782 The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund. -20-
STRATFORD-UPON-AVON FOODBANK NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 NOVEMBER 2025 16 Restricted funds The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust Subject to specific conditions by donor5 as to how they may be used. Atl December 2024 Incoming resources Resources expended Transfers At30 November 2025 Trussell MAPlpathfinder project Trussell Sustainability Grant National Lottery Heart of England Foundation Heart of England Community Energy IHECEI distribution support HECE - Christmas Hampers Municipal Charities Christmas Hampers Stratford Town Trust Other restricted funds 82.513 125.0001 (72.2041 110.3091 35.000 14,472 10,000 {8,8221 (4,8541 15,6501 4,854 62,549 (62,5491 {3.1021 4.059 957 898 18981 {7,3591 (19.9521 7,359 19.712 11.267 5.650 16,677 65,696 151,987 {179,7401 110,3091 27,634 21
STRATFORD-UPON-AVON FOODBANK NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 NOVEMBER 2025 16 Restricted funds {Continued) Previous year: Atl December 2023 Incoming resources Resources expended Transfers At30 November 2024 Trussell MAP project Trussell Sustainability Grant National Lottery Heart of England Foundation HECE - Christmas Hampers Municipals Charities - Christmas Hampers Trussell Pathfinder grant Stratford Town Trust - MAP shortfall Other restricted funds 7.886 50.625 35.000 19,993 7,446 (58.5111 35,000 14,472 (5,5211 {7,4461 (1.9411 4.059 5,880 (4,9821 (55.1221 898 55.122 11,313 26.347 (11,3131 (24.2771 9.197 11,267 28,963 205,846 {169,1131 65,696 Trussell Money Advice Projett (MAP) funds our work with an external advice provider {CASW & latterly CIAS) to provide income maximisation advice and guidance to foodbank clients, to help them reduce their reliance on foodbanks and help maximise their income to ultimately help address their underlying causes of poverty. Stratford Town Trust- partial grant funding towards the cost of the food bank manager. Trussell Sustainability Grant funding towards the rental costs of moving to new premises in Stratford, better suited to our and our customers needs. National Lottery- Meon Valley- funding until May 2025 for our parcel collection service at Meon Vale, several miles outside Stratford. Heart of England Community Energy (HECEF is providing 3 years SUPPOrt towards the costs of our distribution services, covering salaries. transport and premises. Heart of England Foundation their Inclusive Communities Grant partly funded a post to help us recruit, develop and train a volunteer workforce to better support our service until April 2025. Trussell - Pathfinder a two-year Trussell projett running across the U K, to test initiatives and capture outcomes of these to see how best to help people address the root causes of crisis and poverty. This project ceased in October 2025. Stratford Town Trust- MAP shortfall - gap funding to help us support the above project as our costs to deliver the service are greater than the Trussell grant. Other restrirted funds - this represents the total of a number of smaller funds received by the Charity for various restricted purposes. -22-
STRATFORD-UPON-AVON FOODBANK NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 NOVEMBER 2025 17 Unrestricted funds - designated These are unrestricted funds which are material to the charity's activities. Atl December 2024 Transfers At30 November 2025 Designated funds Money Advice Project/ MAP loo,000 loo,000 16,973 16,973 loo.000 16,973 116.973 Previous year: Atl December 2023 Transfers At30 November 2024 Designated funds 45,000 55,000 loo,000 The trustees have designated these funds at a level equivalent to 12 months expenditure. This will ensure in the event of a significant drop in funding, they will be able to continue the charity's attivities while consideration is given to ways in which additional funds maybe raised. During the year £16,973 was transferred to designated funds to ringfence these funds to enable the continuance of the MAP project after April 2026. Ot this amount, £10,309 was transferred from restricted. This is partly due to underspends that were then sanctioned by the original donor for this use and partly due to the restrittion of funds that should have been unrestricted in prior years. -23-
STRATFORD-UPON-AVON FOODBANK NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 NOVEMBER 2025 18 Analysis of net assets between funds Unrestrirted Unrestricted funds funds general designated 2025 2025 Restricted funds Total 2025 2025 Fund balances at 30 November 2025 are represented by: Tangible assets 5,411 Current assets/lliabilitiesl 170.961 5,411 315,568 116.973 27.634 176,372 116,973 27,634 320,979 Unrestricted Unrestricted funds funds general designated 2024 2024 Restricted funds Totsl 2024 2024 Fund balances at 30 November 2024 are represented by: Tangible assets 13.212 Current assets/lliabilitiesl 181,157 13,212 346,853 loo,000 65,696 194.369 loo.000 65,696 360,065 19 Operating lease commitments Lessee At the reporting end date the charity had outstanding commitments for future minimum lease payments under non-cancellable operating rental leases, which fall due as follows- 2025 2024 Within one year 2,539 20 Related party transactions There were no disclosable related party transattions during the year {2024- none). -24-