REGISTERED CHARITY NiIMBER: I153$38 REPORT OF THE TRIISTEES AND IINAIIDITED FINANCIAL STATENIEf*TS FOR THE YEAR ENDED 31 DECEMBER 2024 FOR BLACKPOOL FOOD BANK Jones Harris Limited 17 Si Peters Place Fleetwood Lancashire FY7 6EB
BL.4CIKPOOL FOOD BA.YI CONTEIJTS OF THE FINAINCIAL STATEIIIEINTS for ihe l'ear ended 31 Deceniber 2024 Page Report of the Trustees Independent E¥Aminor's Report St#temeni of Tr inancial Ilctii'ities B8lanre Sheet Cash Flom. Staten)ent Notes to the Cash Floii" StAlenient Notes to the FinAnciRI StAtements 10 10 16
BLACKPOOL FOOD BANK RF.PORT OF TIIE TRIISTEES for Ihe year ended 31 December 2024 The tnjstees presenl Iheir report with ihe financial slatemenls of the charity for the year ended 31 December 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities.. Sialement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021 leffeclive l January 2019). OBJECTIVES AND ACTIVITIES Objeetlves and aims To relieve financial hardship and to promote and preserve good healih amongst the general public in the Blackpuol area by the provision of f(d, goods and services of any kind as deemed appropriate by Ihe trusiees. Significant activities The BIG FOOD Project works lo rescue edible surplus food thal would otherwise be sent to landfill or used for animal feed. We noiy collect over 200 limes per week from back of store across all the major food retailers and other suppliers. In addition. it also seeks lo develop relationships with manufacturer5 and growers for ihe same purpose. Rescued fo(xJ is distributed ID C(K)peration wilh muliiple front-line agencies from l(Kal huthority (Blackpool) lo l(Kal charilies and s(Kial enlerprise organisalions in Blackpool Fylde and Wyre, providing hygiene and fo(Kl parcels where requested by the Family Support workers and staff. We a150 Cotitinue to provide a daily delivery service to partners. The BIG FOOD Project also supports the Blackpool Local Authority 1th a supply of food parcels when an award is made via the Crisis Tean) for food. We a150 supply emergency food parcels to multiple oiher agencies. We are a wholly independent charity funded by muliiple funders. In addition lo emergency fo(d psweels, the organisalion also supports a wide range of other or?anisations with i broad range of fo(Ml supplies. These are delivered in crates and typically contain fresh fruit & veg, bread. chilled. frozen. ambient. dried goods. ¢ereals elc in ?024 our partner organisaiions were supplied with over 353 ionnes of food. Page I
BLACKPOOL FOOD BANK RF.PORT OF THF. TRiISTEES for the year ended 31 December 2024 ACHIEVEMENT AND PERFORMANCE Charitxble aelivities Food distribution to our partners: The demand for food b), partners and people in food crisis has continued to grow this year. predominalely, as a result of ihe cOslf-lIv1ng crisis. changes within the benefil system and w)licy changes by the new government. - Our front-line partners continue to experience incre&sing demand for food from Ihe communilies they serve. In 2024, we delivered in excess of 353 tonnes of foo& the equivalenl of over 842,1)00 meals. Food Supply Chain Il'e have continued to deal with back of slore and now mhke over 220 ¢olle¢tions from suppliers each week. This gives us access lo all the major retsilers. Our f(Kus this year has been developing relationships directly wilh local growers and large food distributors io res¢ue food that otherwise would go lo landfill. We are startin¥ lo ¥ain traclion with a nurnber of new paTtners and expecl these relationships land tonnagel lo grow during ?025. We have also strengthened our relationship with partners in the Excess network {other f(KKI redi5tribulors across the UK), which has given us access to a range of new partners and therefore variety of fo(Kls via "swaps" We are working collatrf)ralively with Eg'gcup in Lancasler to further reduce our foL*J waste by turning il into ready meals - I lonne of food waste &qn be lumed into 600 meals by catering swdents and chefs. Next year we aim to expand this offer. StAff: A new CEO joined ihe leam in January ?024, following the departure of the previous post holder at the end of 2023. Under new leadership 20?4 has been a time of restructurin¥ of some roles and implementation of more dynamic systems and processes. The team is now settled with a pernianent FTE head count of 9. and 2 lemw)rary contracted people providing social media and systems support respectivelj.. Volunleer Culture: In 2024 we have maintained our volunteer numbers at around 150. This h&$ been superbly managed by our Volunleer Co-ordinator. We have always been volunteer led in lemis of workforce and as we continue lo grow our volunteers become increasingly importanl. Our volunteers are crilical io the work and we could not do what we do wiihout their brilliant support. Their spirit and dedication are a huge asset to the organisation. We have also provided corporale volunteering opportunities this year, Ihal have seen employees from a number of Fylde Coasi based organisations spend time at our Warehouse supporting across the range of volunteering rol¢s. We have collaborated with NW Probation setvices providing "Community Paybaek" opportunities for people to fijlfil their hours volunteering at our warel)ouse. The support our volunteers provided in 2024 was in excess of18,180 hours. FINANCIAL REVIEW Financial position 2024 has been a challenging year for us as we soughi to establish and develop a new income generation strategy, with the aim of ensuring suslainability. Our In¢om¢ Generaiion Manager has implemented a number of new campaigns, aimed al local businesses, which are beginning to bear fThil. Our funding is concentrated across multiple streams. We received grants and donations from GIRsdons', Feeding Britain. Rolary Clubs, Local Authorities as well as other local businesses sponsorships and individual giving. Reserves policy Our policy is to have al le&st 12 monihs operating capiial in reserves. Ai present we are under our desired position. The importance of this as a straiegy, is that we occupy such a critical place in our local community that if we had io close our doors. there would be a short-terni social crisis and our partners and end users would ¢xperi¢n¢e al diffi¢ulty. Toial reserves are £442.806 as at ihe year end dale with £126,744 of this representing fixed assets, therefore. free reserves are £316.062. Page 2
BLACliPOOL FOOD BANK REPORT OF THE TRiISTEES for the year ended 31 December 2024 FANANCIAL RF.VIEW Going ¢Dneern The trustees confimi that the charity will continue lo operate as a going concern for 12 monihs an beyond. STRIICTIIRE, GON'ERNAIYC.E AND MANAGEMENT Gov¢rning document The charity is controlled by ils governing document, a deed of trust and constitutes an unin¢orpordted charil),. The c.haritable Incorrated Organisalion is controlled by its governing d(ument, a deed of Irusl. Charity constitution Charitable Incorporated Organisation. Recruitment and 4ppointment of new trustees New truslees are appointed by the trustees as a ixidy. During ?0?4 we have moved to position the income generation and food sourcing operations under the name The BIG FOOD Project, following the e51ablishment of ihe brand as a workingy name in 2023. This pivoting h&% allowed us to project "big" in the sourcing of food and income and develop relationships with suppliers that oiherwise would have deemed us too small to othenvise deal with. In addition, where we are seeking lo rescue food and work wilh food suppliers outside of Blackpool. it removes any geographical bias and limilalions. As we look forward, we see ihis &s the "umbrella .rkIng name" under which our current and in-development and new. services will sit. The focus for ?0?4 has been stability. of operalions and development of an infrastNcture which will support the organisation io be self-SUSiaining in the future. The core work of supporting our statutory partners ivith crisis fd pa¢k'age& supplying our charitable partner network with food and consolidating our BIG FOOD Trnck setvice with predominalely rescued surplus f(K)d h&s continued. 2024 also saw the strengqhening and re*stablishment of relationships wilh key slrategic partners across Blackpool, Fylde and Wyre. which have resulted in the organisalion becomin¥ a parther wilh the Council on the HAF provision and also BCH provider of warm spaces. In addition, our partner network h&s grown again to in excess of 120 active partners of which over 80 receive food from us each week. In-order lo facililale this byrowth and additional setvices following some personnel changes and restructuring the charity's food sourcing managei has groivn the fix)d supply ¢hain and has become an aciive m¢mkr of the food surplus networks. One major benefil of this has been the ¢ollabordtion wilh Eggcup in Lan¢asier who have helped us reduce our wasie by rning edible waste food inio delicious and nutritious ready meals. REFERENCE AND ADMINISTRATIVE DETAILS Registered Ch¥rity number 153538 Principal address 2 Holly Close Whitehills Business Park Blackpx)I Lancashire FY4 5QP Trnstees A Stubbs Trustee (appointed 29.1.24} Mrs E R Miller Trnsiee Mrs k H Shane Twstee {resigned 20.11.241 K F D Mew Trustee L J Noland Trustee J M C Reid Trustee Mrs S L T Wallace Trustee {appointed 29.1.241 Page 3
BLACIKPOOL FOOD BANK RF.PORT OF THE TRUSTEF.S for the year ended 31 December 2024 REFERENCE AND ADNIINISTTL4TIVE DETAIIS Independent ExAminer Jones Haffis Limited 17 Si Pders Place Fleetwood Lanc&shire FY7 6EB Approved or f the board of tNstees on ..... QÉA..r............ and signed on its behalf by: JMCReid-Tr Page 4
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BLAC.'KPOOL FOOD BANK Independent examiner's report to the trustees of BIAckpool F(bod Bank I report to the charity trustees on my examination of the accounts of Blackpool Food Bank (the Trust) for the year ended -1 l December 2024. Responsibilities basis of report As Ihe charity trustees of the Trust you are responsible for the preparation of the accounts in accordan¢e with the requirements of ihe c.harities Act 2011 I'the Ac¢). I rep)rt in respeth of my examination of the Trusl's accounts carried out under Section 145 of the Act and in carrying out my e.xamination I have followed all applicable Directions given by the Charity Commission under Sedion 14515llb) of Ihe Act. Independent examiner's st4temen¢ I have completed my examination. l confin that no material mallers have come to my attention in connection with ihe examinalion giving me cause lo believe that in any mcrial respect: accounting records were not kepl in respect of the Trusi &s required b), Section 130 of Ihe Act. or the accounts do noi accord with those records- or the accounls do nol comply with the applicable requirements Concerning the fomi and Contenl of accounts sel out in the Charities (Accounts and Reports) Regulations ?008 other ihan an), requirenient Ihat the accounts give a true and fair view which is not a matter Considered as part of an independent exwninalion. 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 lo enable a proper understsnding of the accoLthts lo be reached. Mr S Case FCCA The Association of Chartered Certified Accowiiants Jones Ha15 Limited 17 Si Peters Place FleetW(K)d Laneashire FY76EB Page 5
BLACKPOOL FOOD BANK STATF.NIENT OF FINANCIAL ACTIVITIES for the year ended 31 December 2024 2024 Total funds 20?3 Total funds Unreslricled nd Restricted fvnds Lollery funding Noles INCOME AND ENDOWMENTS FROM Donations and legacies 139,627 31,600 171,227 891,277 Other trading activiti¢5 Investment income 53,325 5,804 53,325 5,804 39,243 5.269 Total 198,756 31,600 230,356 935,789 ExPENDITIRE ON Cosl of food donated 105,498 14,8(K) 1 ?0.298 606,669 Charit*ble activities Charitable activilies 519,261 16,800 536.061 360,491 Total 624.759 31,600 656,359 967.160 NET INCOMEI(EXPEN'DITURE) 1426,(K>31 (426.(M)31 131,3711 REC'ONCILIATION OF FIINDS Total funds brought forward 868,809 868,809 900.180 TOTAL FIJNDS CARRIED FORWARD 442.806 442.806 868.809 The notes form part of these financial slalements Page 6
BLACKPOOL FOOD BANK BALANCE SHEET 31 December 2024 2024 Tolal funds 20?3 Total funds Unrestricted fund Restricted funds Lottery funding Noies FIXED ASSETS Tangible assets 126,744 126.744 113,343 CURRENT ASSETS Stocks Debtors Cash al bank and in hand 12 13 99,134 659 661,315 349.422 349.422 349,422 349,422 761.108 CREDITORS Amounis falling due wiihin one year 14 (33,3601 {33,360 } (5,642) NET CURRENT ASSETS 316.062 316,062 755.466 TOTAL ASSETS LESS CIIRRENT LIABILITIES 442,806 868.809 NET ASSETS 442,806 868.809 FiIliDS Unrestricied funds 15 442,806 868,809 TOTAL FUNDS 442,806 868.809 anei Slatemenis were approved by the Board of Trustees and auihorised for issue . and were signed on its behalf by- JNICR rustee The noies forni part of ihese financial statements Page 7
BLACKPOOL FOOD BANK CASH FLOW STATEMENT for the year ended 31 December 2024 2024 2023 Notes Cash flows from operating 2tttvities Cash generated from operalions (263,334) 24,467 Net cash (used invprovided by operaling activities (263,334 } 24.467 Cash flows from investing activities Purch&8e of tangible fixed &ssets Interest received {54,-3631 5,804 11,254) 5,269 Nel cash (used inllprovided by investing activitie5 {48,559) 4,015 Change in c*sh and cash equivalents the reporting period Cash gnd cash eq1v21¢nts at the beginning of the reporting period (311,893) 28.482 661,315 632.833 Cash and cash equivalents at the end of Ibe reporting period 349,422 661,315 The notes forn) part of these financial statements Page 8
BLACKPOOL FOOD BANK NOTES TO THE C'ASII FLOW STATEMENT for the year ended 31 December 2024 RECONC.'ILIATION OF NET EXPENDITURE TO NET CASII FLOW FROM OPERATING ACTIVITIES 2024 2023 Net expenditure for the reporting period (as per the Stat¢ment of FinAncial Activities) Adju5tmeDts for: Depreciation charges Inlerest received Decrease in slocks Decrease in debtors Increase in Creditors 1426,003) (31,371) 40,962 (5.8041 32.135 22,300 1,030 5,642 659 27,718 Net cash (used inyprovided by operat10115 {263,3.34) 24,467 ANALYSIS OF CHAh'GES IN NET FUNDS At 111124 Cash flow Ai 31112124 Iyet easb Cash at bank and in hand 661,315 {311.893) 349,422 661.315 {311,893) 349,422 Total 661.315 {311,8931 349,422 The notes form part of ihese financial siaiements Page 9
BLACKPOOL FOOD BANK YOTES TO THE FINANCIAL STATEIIIENTS for the year ended 31 December 2024 ACCOUIYTING POLICIES Basis of preparing the financial stAtements The financial stalemenls of the charity, which is a public benefil entity under FRS 102, have been prepared in accordance with ihe c.harities SORP {FRS 102) 'Accounting and Reporting by Charilies: Siatemenl of Re¢ommended Practice applicable io ¢harilies preparing their accounts in accordance wilh the Financial Rew)rting Standard applicable in the UK and Republic of Ireland IFRS 102) leffective l January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the Uk and Republic of Ireland, and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. Income All income is recognised in the Staiement of Financial Athivities once the charity has entiilemenl to the funds. it is probable that the income will be received and the amount can be measured lIablY. Income is recognised for goods donaied where the fair value can be measured reliably as required by the SORP. Expenditure Liabililies are recognised as expenditure as soon &8 there is a legal or constructive obligation committing the harity to thal expenditure. il ts probable ihal a transfer of economic benefits Th'ill be required in seftlemenl and the amount of the obligation can be measured reliably. Expenditure is accounied for on an accruals basis and h&8 been clhssified under headings Ihat aggregate all cost relaied to the category. Where costs cannot be directly attributed to particular headings they have been allocated lo activities on a b&8is eonsislent with Ihe use of resources. G(KKls donaied by the charity where the fair value ¢an be measured reliably in line wilh the SORP. Tangible fixed assets Depreciation is provided the followingF annu81 rates in order to write off each asset over ils estimated useful life. Stocks StOL'ks are valued al Ihe lower of cost and nel realis2ble value. after making due allowance for obsol•e and Slow moving items. Taxation The charily is exem from lax on ils ¢haritable activities. Fund accounting Unrestricled funds can b¢ used in accordance wilh the charitable objeaives the discretion of the Irus*es. Restricted funds can only be used for particular restricted purposes within the objects of Ihe charity. Restrictions arise when speeified by the donor or when fvnds are raised for particular reslricled purposes. Further explanation of the nature and purp05e of each fund is included in the notes to the financial slalements. Pension costs and other post-retirement benefits The charity operates a defined conlribulion pension scheme. Contributions payable lo the charity's pension scheme are charged io the Statement ofFinancial Activilies in the period to which they relate. Page 10 continued...
BLACKPOOL FOOD BANK NOTF.S TO THE FINANCIAL STATEMENTS- continued for the year ended 31 December 2024 DONATIONS AND LEGACIES 2024 2023 Gifts Donations Legacies Granls Donated goods received 69.325 95,620 22,46. 190.950 582,?42 101,IA)o 171,227 891 ?77 During the financial year, the charity received 405.735k& 120?3 332,709kgl of donated StK. No donation has been recognised during ihe period for these goods. The truslees believe that the fair value of the goods cannot be measured reliably. The go5 received are close lo end of lif¢ therefore there is a limited market available creating an uncertain valualion. Granls received, included in the above, are as follows.. 20?4 2023 National Lottery Community Granl Chiller grant Discretionary food provision Cheshire community grant Nourish Ihe nation programme Sainsbury's Neighbourly g(M)d food for all Warburtons Granl Blackpool council - cost of living support granls Glasdon Asda GraSSrlS grani Other granls 19.500 150.997 25.406 36.000 1,010 36.000 7.000 18.800 400 14,400 5,000 800 (?2,4631 101,900 190,950 OTHER TRADING ACTIVITIES 2024 2023 Sale of fcK)d 53,325 39,243 INVESTMENT INCOME 20?4 20?3 Deposil accounl inleresl 5,804 5,269 Pell continued...
BLACIKPOOL FOOD BANK NOTES TO THE FINANC.IAL STATEMENTS- rontinued forlhe year ended 31 December 2024 COST OF FOOD DONATED oihtr trnding aclivities 2024 2023 Opening stock PLJrchases Closing stk Bad debts 99.134 20,505 121,434 584,369 (99,134) 659 120,298 606,669 CHARITABLE ACTIVITIES COSTS Support Costs {see note 7) Direct Cosis Totals Charilable aclivities 516,699 19,362 536.061 SIIPPORT COSTS Governance costs Charitable activities 19,362 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended .31 December ?024 nor for the year ended 31 December 2023. Trnstees, expenses There were no trustees, expenses paid for ihe year ended 31 December 2024 nor for the year ended 31 December 9023. STAFF COSTS 2024 2023 Wages and salaries Other pension costs 320,000 3,021 201,106 323,021 203,969 The avetage monthly nurnber of employees during the year was &8 follows.. 20?4 12 2023 12 Staff No employees received emolumenls in excess of £60,0(K). Page 12 continued...
BLACKPOOL FOOD BANK NOTES TO THE FINANCIAL STATENIENTS- Continued for ihe year ended 31 Deeember 2024 io. COMPARATIIIES FOR THE STATEMENT OF FINAIYCIAL ACTIVITIES Unrestricted Restricted fund funds Lottery funding Total funds INCOME AND ENDOWMENTS FRO] Donations and legacies 740,277 151,0 891,277 Other tTading activities Investment income 39,243 5269 39.243 5,269 Total 784.789 151,000 935,789 EXPE]YDITIIRE ON Cosi of f( donale41 606,669 606,669 Charit#bl¢ aclivities Charitable activities 209,491 151,000 360.491 Total 816,160 151,000 967.160 NET INCOMEI(EXPENDITIIRE) (31,371) 131.371) RECONCILIATION OF FIINDS Totsl funds brougTrhi forward 900.180 900.180 TOTAL FiINDS CARRIED FORWARD 868.809 868.809 TANGIBLE FIXED ASSETS Fixtures Plant and machinery Motor vehicles Computer equipmenl fittings Totals COST Al l January ?024 Additions 34.084 35,452 58.897 2.292 47,319 15,600 5,178 1.019 145.478 54.363 At 31 December 2024 69,536 61,189 62.919 6,197 199,841 DEPREC.IATION Al l January 2024 Charge for year 6.817 13,907 11,779 12,238 11.830 12,772 1.709 2,045 32,135 40.962 Ai 31 December 2024 20,7?4 ?4,017 24,602 3,754 73,097 NET BOOK I'ALIIE Ai 31 tkcember 2024 48,812 37,172 38,317 126.744 Al 31 Derember 2023 ?7267 47.118 35.489 3,469 11.3,343 Page 13 continued...
BLACKPOOL FOOD BANK NOTES TO THE FINANCIAL STATEMENTS- continued for the year ended 31 December 2024 12. STOCKS 20?4 2023 Stocks 99.134 At the year end ihe charity had 45,559kg 12021 93,440kg) of stock nol yet distributed. No value has been recognised at the year end for ihis stock. The Irustees believe that the fair value of the goods cannot be measured reliably. The goods received are close to end of life IherefoTe there is a limited market available creating an uncertain valualion. 13. DEBTORS: AMOIINTS FALLING DIIE WITHIN ONE YEAR 20?4 20?3 Trade debtors 659 14. CREDITORS: AMOIINTS FALLING DUE WITHIIY ONE YEAR 2024 2023 Trade creditors Taxation and social security Oiher creditors 227 3,115 2,300 30,087 3,273 33.360 5,612 MOVEMENT IN FIINDS Nel movement in ndS At 31112124 Ai 111124 Ilnrestricted funds General fund 868,809 (426,003) 442,806 TOTAL FIINDS 868,809 1426,003) 442,806 Net movemenl in funds, included in the above are as follows.. Incoming resources Resour¢e5 expended Movement in funds Unrestricted funds General fijnd 198,756 1624,759) 1426,003) Restricted funds Asda grdssrools Nourish the Nation Glasdons Sainsbury's Neig)hbourly good food for all 800 7.(K)O 5.000 18,800 1800) 17,000) 15,000 } {18,8001 31,600 (31,6(X) I TOTAL FUNDS 230,356 {656,-159) 14?6,(K)31 Page 14 continued...
BLACKPOOL FOOD BANK NOTES TO THE FINANCIAL STATEMLNI"S- eontlDued for the year ended 31 December 2024 MOVEMENT IN FUiYDS- continued Compar4tives for movement in funds Net movement in funds Ai 31112123 At 111123 Ilnres¢ricted funds General fvnd 9(K),180 (31,3711 868,809 TOTAL FUNDS 900,180 (31,371) 868,809 Comparative net movemenl in funds, included in the above are as follows.. Incoming reSoue$ Resources expended Movement in funds Ilnrestricted funds General fund 784,789 {816,160) (31.371) Restricted funds Lottery funding 151,000 1151,(K)O} TOTAL FIINDS 935.789 (967,1601 (31,371) A currenl year 12 months and prior year 12 months combined position is as follows.. movenient in funds Al 3111Y24 At 111123 Unrestricted funds General fund CK)0.180 1457.3741 442.806 TOTAL FUNDS 900,180 1457,374) Page 15 continued...
BLACKPOOL FOOD BANK NOTES TO THE FINANCIAL STATEMENTS- ¢ontiDued for the year ended 31 December2024 MOVEMENT IN FIINDS- eontinkned A current year 12 months and prior year 12 months combined net movement in funds. included in the above are as follows- Incoming resources Resources expended Movenient in funds Ilnrestricted funds General fund 983,545 (I,MO,919) 1457:.374) Restrieted funds Lollery funding Asda grassroots Nourish the Nation Glasdons Sainsbwy's Neighbourly good fo(Kl for all 151,000 800 7.0 5,000 18,800 1151.000) 1800) 7.000) 5,000) (18,800) 182,600 1182,6(K) ) TOTAL FIINDS 1,166.145 (1,623,519) 1457,-1741 16. RELATED PARTY DISCLOSliRES There were no related party Iransaclions for the year ended 31 December 2024. Page 16