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||Page|
|---|---|
|Charity Information|1|
|Report ofthe Trustees|2-7|
|Key Supporters|8|
|Independent Examiner's report|9|
|Statement of Financial Activities|10|
|Balance Sheet|11|
|Statement ofCash Flows|12|
|Notes to the Financial Statements|13-25|
##
|Charity number|1153791|||
|---|---|---|---|
|Trustees|Martin Ward|Chairman||
||David Rowbotham|Vice- Chairman||
||Alun Edwards FCA DChA|Treasurer|Appointed 1 August 2021|
||David Holt|||
||PennyNicholls|||
||lan Riddell|||
||PeterTaylor-Gooby|||
|Senior management|Angela Gardiner|Operationsdirector||
||Susan Roberts|Accounts manager||
||Liam Waghorn|Warehouse manager||
|Registered office|Unit 29|||
||Joseph Wilson Industrial|Estate||
||Millstrood Road|||
||Whitstable|||
||Kent|||
||CT5 3PS|||
|Independent examiner|Matthew Sutton FCA|||
||Burgess Hodgson LLP|||
||27 New Dover Road|||
||Canterbury|||
||Kent|||
||CT1 3DN|||
|Bankers|HSBC UK Bankplc|||
||9 Rose Lane|||
||Canterbury|||
||Kent|||
||CT1 2JP|||
|Solicitors|Furley Page LLP|||
||39 St Margaret's Street|||
||Canterbury|||
||Kent|||
||CT1 2TX|||
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|ibuted to those in need.||||
|---|---|---|---|
||2021/22|2020/21|2019/20|
||(17 months)|(year)|(year)|
|Numberoffood parcels distributed|14,625|6,694|5,668|
|Numberofmeals provided|131,625|60,246|51,100|
|Estimated cost ofthefood items delivered|£409,500|£208,220|£147,822|
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|||General|Designated|Restricted|Total|Total|
|---|---|---|---|---|---|---|
|||fund|funds|funds|funds|funds|
||Note|2022|2022|2022|2022|2021|
|||£|£|£|£|£|
|Incoming resources|||||||
|Donations and legacies|4|1,044,120|3,000|53,214|1,100,334|518,463|
|Investment income|5|2,483|-|~|2,483|158|
|||
1,046,603|
3,000|
53,214|
1,102,817|
518,621|
|Resources expended|||||||
|Raising funds|6|19,905|-|2,222|22,127|11,969|
|Charitable activities|7|618,296|9,110|43,923|671,329|318,134|
|||
638,201|
9,110|
46,145|
693,456|
330,103|
|Net income||408,402|(6,110)|7,069|409,361|188,518|
|Transfers betweenfunds||(225,881)|236,995|(11,114)|-|-|
|Net movementin funds||
182,521|
230,885|
(4,045)|
409,361|
188,518|
|Total funds broughtforward||75,645|378,610|30,833|485,088|296,570|
|Total funds carried forward||
258,166
|
609,495
|
26,788
|
894,449
|
485,088
|
##
##
|||General|Designated|Restricted|Total|Total|
|---|---|---|---|---|---|---|
|||fund|funds|funds|funds|funds|
||Note|2022|2022|2022|2022|2021|
|||£|£|£|£|£|
|Fixed assets|||||||
|Tangible fixed assets|10|34,871|-|28,843|63,714|15,226|
|Currentassets|||||||
|Stock||17,993|-|-|17,993|6,625|
|Debtors and prepayments|11|26,209|-|38|26,247|9,672|
|Cash at bank and in hand||182,859|609,495|(2,093)|790,261|455,288|
||
|
227,061|
609,495|
(2,056)|
834,501|
471,585|
|Creditors: Amountsfallingduewithin oneyear|||||||
|Creditors and accruals|12|3,766|-|-|3,766|1,723|
||
|
3,766|
-|
-|
3,766|
1,723|
|Net current assets||223,295|609,495|(2,056)|830,735|469,862|
|Net assets|
|
258,166|
609,495|
26,788|
894,449|
485,088|
|Represented by:|||||||
|Unrestricted funds|14|258,166|609,495|-|867,661|454,255|
|Restricted funds|14|-|-|26,788|26,788|30,833|
|Total funds|
|
258,166
|
609,495
|
26,788
|
894,449
|
485,088
|
##
##
||2022|2021|
|---|---|---|
||£|£|
|Cash flowsfrom operating activities|||
|Net incomeforthe year|409,361|188,518|
|Depreciation|10,704|2,399|
|Interest receivable|(2,483)|(158)|
|(Increase)/decrease in stocks|(11,368)|(3,235)|
|(Increase)/decrease in debtors|(16,574)|(7,709)|
|Increase/(decrease) in creditors|2,043|392|
|Net cash provided by operating activities|391,683|180,207|
|Cash flowsfrom investing activities|||
|Interest received|2,483|158|
|Purchase of property, plant and equipment|(59,193)|(15,223)|
|Net cash usedin investing activities|(56,710)|(15,065)|
|Changein cash and cash equivalents in the year|334,973|165,142|
|Cash and cash equivalents at the beginning ofthe year|455,288|290,146|
|Cash and cash equivalents attheend ofthe year|790,261|455,288|
|Analysis ofcash and cash equivalents|||
|Cash at bank and in hand|790,261|455,288|
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||General|Designated|Restricted||
|---|---|---|---|---|
||fund|funds|funds|Total funds|
||£|£|£|£|
|Incoming resources|||||
|Donations and legacies|446,708|-|71,755|518,463|
|Investment income|158|-|-|158|
||
446,866|
-|
71,755|
518,621|
|Resources expended|||||
|Raising funds|164|-|11,805|11,969|
|Charitable activities|224,148|1,295|92,691|318,134|
||
224,312|
1,295|
104,496|
330,103|
|Net income|222,554|(1,295)|(32,741)|188,518|
|Transfers between funds|(243,530)|243,530|-|-|
|Net movementin funds|
(20,976)|
242,235|
(32,741)|
188,518|
|Total funds broughtforward|96,621|136,375|63,574|296,570|
|Total funds carried forward|
75,645
|
378,610
|
30,833
|
485,088
|
##
##
||General|Designated|Restricted||
|---|---|---|---|---|
||fund|funds|funds|Total funds|
||£|£|£|£|
|Fixed assets|||||
|Tangible fixed assets|10,467|-|4,759|15,226|
|Current assets|||||
|Stock|6,625|-|-|6,625|
|Debtors and prepayments|9,076|-|596|9,672|
|Cash at bank and in hand|51,200|378,610|25,478|455,288|
|
|
66,901
|
378,610
|
26,074
|
471,585
|
|Creditors: Amountsfallingdue within one year|||||
|Creditors and accruals|1,723|-|-|1,723|
|
|
1,723|
-|
-|
1,723|
|Net current assets|65,178|378,610|26,074|469,862|
|
Net assets
|
75,645
|
378,610
|
30,833
|
485,088
|
|Represented by:|||||
|Unrestricted funds|75,645|378,610|-|454,255|
|Restricted funds|-|-|30,833|30,833|
|
Total funds
|
75,645
|
378,610
|
30,833
|
485,088
|
##
##
||General|Designated|Restricted|||
|---|---|---|---|---|---|
||fund|funds|funds|Total funds|Total funds|
||2022|2022|2022|2022|2021|
||£|£|£|£|£|
|Cash donations receivable|643,561|3,000|53,214|699,775|330,293|
|Legacies receivable|50,000|-|-|50,000|-|
|Donated goods|350,559|-|-|350,559|183,387|
|Income from activities forgenerating||||||
|funds andcollections||-|-|-|4,783|
||
1,044,120
|
3,000
|
53,214
|
1,100,334
|
518,463
|
##
|||General|Designated|Restricted|||||
|---|---|---|---|---|---|---|---|---|
|||fund|funds|funds|Total|funds|Total|funds|
|||2022|2022|2022||2022||2021|
|||£|£|£||£||£|
|Bankinterest|receivable|2,483
||-
||2,483
||158
|
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||General|Designated|Restricted|||
|---|---|---|---|---|---|
||fund|funds|funds|Total funds|Total funds|
||2022|2022|2022|2022|2021|
||£|£|£|£|£|
|Wagesandsalaries|19,765||1,607|21,372|11,805|
|Other fundraising costs|140||615|755|164|
||
19,905
|
|
2,222
|
22,127
|
11,969
|
##
||General|Designated|Restricted|||
|---|---|---|---|---|---|
||fund|funds|funds|Total funds|Total funds|
||2022|2022|2022|2022|2021|
||£|£|£|£|£|
|Groceries and otherstock items|388,509|8,500|216|397,225|208,220|
|Packaging|2,661|-|500|3,161|1,749|
|Leaflets, promotion and clothing|1,014|-|-|1,014|1,749|
|Property costs|27,086|-|16,000|43,086|9,846|
|Wagesand salaries|146,670|-|16,202|162,872|75,258|
|Other personnel costs|5,055|610|2,700|8,365|-|
|Telephone|3,754|-|-|3,754|7,604|
|Insurance|3,290|-|-|3,290|1,418|
|Motor expenses|5,066|-|-|5,066|2,174|
|Othertravel costs|5,417|-|“|5,417|2,508|
|Equipmentcosts|12,275|-|-|12,275|1,502|
|Printing, postage and stationery|2,473|-|-|2,473|469|
|Meeting expenses|804|-|-|804|96|
|Depreciation|2,399|-|8,305|10,704|2,399|
|Signposting support|-|-|-|-|-|
|Finance costs|1,904|-|-|1,904|794|
|Professional fees|9,450|-|-|9,450|974|
|Sundry expenses|470|-|-|470|1,374|
||
618,296
|
9,110
|
43,923
|
671,329
|
318,134
|
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||General|Designated|Restricted||
|---|---|---|---|---|
||fund|funds|funds|Total funds|
||2021|2021|2021|2021|
||£|£|£|£|
|Groceries and other stock items|183,100|-|25,120|208,220|
|Packaging|676|-|1,073|1,749|
|Leaflets, promotion and clothing|1,483|-|266|1,749|
|Property costs|3,864|1,295|4,687|9,846|
|Wagesand salaries|20,182|-|55,076|75,258|
|Telephone|4,522|-|3,082|7,604|
|Insurance|1,418|-|-|1,418|
|Motor expenses|1,004|-|1,170|2,174|
|Othertravel costs|957|-|1,551|2,508|
|Equipment costs|1,502|-|-|1,502|
|Printing, postage and stationery|469|-|-|469|
|Meeting expenses|96|-|-|96|
|Depreciation|2,233|-|166|2,399|
|Signposting support|=|-|-|-|
|Finance costs|794|-|-|794|
|Professional fees|974|-|-|974|
|Sundry expenses|874|-|500|1,374|
||
224,148|
1,295|
92,691|
318,134|
##
|8
Staff costs, trustees information and related party transactions|||
|---|---|---|
||2022|2021|
||£|£|
|Salaries and wages|178,280|85,363|
|Social security costs|9,298|-|
|Pension costs|3,571|1,700|
||191,149|87,063|
|The average number ofemployees during the period was:|9|7|
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||Leasehold||Motor||
|---|---|---|---|---|
||improvements|Equipment|vehicles|Total|
||£|£|£|£|
|Cost|||||
|As at 1 August 2021|35,805|-|10,000|45,805|
|Additions|23,125|8,073|27,995|59,193|
|As at 31 December 2022|
58,930|
8,073|
37,995|
104,998|
|Depreciation|||||
|As at 1 August 2021|20,580|-|9,999|30,579|
|Chargeforthe period|9,322|1,382|1|10,705|
|As at 31 December 2022|
29,902|
1,382|
10,000|
41,284|
|Net bookvalue|||||
|As at 31 December 2022|
29,028|
6,691|
27,995|
63,714|
|As at 31 July 2021|15,225
|-
|1
|15,226
|
##
|||2022|2021|
|---|---|---|---|
|||£|£|
|Rent deposit||4,000|4,000|
|Gift|aid recoverable|6,025|2,026|
|Othersundry debtors||8,973|-|
|Prepayments||7,250|3,646|
|||26,247|9,672|
|12|Creditors|||
|||2022|2021|
|||£|£|
|Accruals||3,766|1,723|
|||3,766|1,723|
##
||2022|2021|
|---|---|---|
||£|£|
|Within one year|16,000|16,000|
|Betweenoneandfive years|45,516|61,516|
||61,516|77,516|
##
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##
|14
Analysis of charitable funds|||||||
|---|---|---|---|---|---|---|
|||||||At 31|
|||At 1 August||||December|
|||2021|Income|Expenditure|Transfers|2022|
|||£|£|£|£|£|
|Generalfund||
75,645|
1,046,603|
(638,201)|
(225,881)|
258,166|
|Designated funds|||||||
|Future employment|a|50,000|-|-|30,000|80,000|
|Overheads|b|20,000|-|-|10,000|30,000|
|Rental reserve|Cc|8,000|-|-|-|8,000|
|New premises acquisition|d|300,000|-|-|-|300,000|
|Training costs|e|610|3,000|(610)|-|3,000|
|Housing support|f|-|-|(8,500)|196,995|188,495|
||
|
378,610|
3,000|
(9,110)|
236,995|
609,495|
|Restricted funds|||||||
|Pool vehicle|g|1|-|(1)||-|
|Riverside warehouse costs|h|1|-|(1)||-|
|Specific operations grants|i|2,379|-|(615)|(1,764)|-|
|Food costs grants|j|-|-|-|-|-|
|Payroll and operational grants|k|12,809|15,716|(18,525)|(10,000)|-|
|New warehouse|||8,276|33,545|(27,003)|575|15,393|
|Raise the Rent appeal|m|7,367|3,550|-|-|10,917|
|Fuel vouchers|n|-|403|-|75|478|
||
|
30,833|
53,214|
(46,145)|
(11,114)|
26,788|
|Total funds||485,088
|1,102,817
|(693,456)
|-
|894,449
|
##
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|||At 1 August||||At 31 July|
|---|---|---|---|---|---|---|
|||2020|Income|Expenditure|Transfers|2021|
|||£|£|£|£|£|
|General fund||
96,621|
446,866|
(224,312)|
(243,530)|
75,645|
|Designated funds|||||||
|Future employment|a|31,570|-|-|18,430|50,000|
|Overheads|b|4,100|-|-|15,900|20,000|
|Rental reserve|Cc|-|-|-|8,000|8,000|
|New premisesacquisition|d|100,000|||200,000|300,000|
|Training costs|e|705|-|(1,295)|1,200|610|
||
|
136,375|
-|
(1,295)|
243,530|
378,610|
|Restricted funds|||||||
|Pool vehicle|g|1|||-|1|
|Riverside warehousecosts|h|167||(166)|-|1|
|Specific operations grants|i|396|5,110|(3,127)|-|2,379|
|Food costs grants|j|22,646|7,474|(25,120)|(5,000)|-|
|Payroll and operational grants|k|40,364|39,041|(71,596)|5,000|12,809|
|New warehouse|||-|8,276|-|-|8,276|
|Raise the Rent appeal|m|-|11,854|(4,487)||7,367|
||
|
63,574|
71,755|
(104,496)|
-|
30,833|
|Total funds||296,570
|518,621
|(330,103)
|-
|485,088
|
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