Rainham Food Bank
Report and Accounts
31 December 2024
Company registration number - 08813701 Charity registration number - 1155807
Rainham Food Bank
Report and accounts for the year ended 31 December 2024
Contents
| Page (s) | |
|---|---|
| Charity information | 1 |
| Trustees' annual report | 1 - 8 |
| Statement of directors' responsibilities | 9 - 10 |
| Independent examiner's report | 11 - 12 |
| Funds statements:- | |
| Statement of financial activities | 13 |
| Movements in funds | 14 |
| Income and expenditure account | 15 |
| Balance sheet | 16 |
| Notes to the accounts | 17 - 26 |
Rainham Food Bank
Company registration number - 08813701
Trustees' annual report for the year ended 31 December 2024
The trustees present their report and accounts for the year ended 31 December 2024, which also comprises the directors' report required by the Companies Act 2006.
Reference and administrative details
The charity name is Rainham Food Bank.
The legal name of the charity is Rainham Food Bank.
The charity is also known by its operating name, Rainham Foodbank.
The charity's areas of operation and UK charitable registration.
The charity is registered in England & Wales with the Charity Commission in England & Wales (CCEW) with charity number 1155807.
The charity does not operate in any overseas jurisdictions.
Legal structure of the charity.
The charity is constituted as a company limited by guarantee, registered under the Companies Acts. The governing document of the charity is the Memorandum and Articles of Association establishing the company under company legislation.
The governing document is dated 13 December 2013.
There are no restrictions in the governing documents on the operation of the charity or on its investment powers other than those imposed by charity law.
By operation of law, all trustees are directors under the Companies Act 2006 and all directors are trustees under Charities legislation and have responsibilities, as such, under both company and charity legislation.
The trustees are all individuals and listed below;
Pastor Aloysius Christopher Peter Kevin John Browning Benjamin Yeboah Agyemang Mary Akpan Enang Janet Ann Grosvenor Mbachi Dimba Aniekan Emmanuel Essien Anthony Ugochukwu Osuji
The principal operating address, telephone number, email and web addresses of the charity are:
1st Floor, Mick Fury House Lowen Close Rainham Essex RM13 8HT
Telephone: 01708397484 Email address: info@rainham.foodbank.org.uk Web address: www.rainham.foodbank.org.uk
The registered office of the charity for Companies Act purposes is the same as the operating address shown above.
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Rainham Food Bank
Company registration number - 08813701
Trustees' annual report for the year ended 31 December 2024
The trustees in office on the date the report was approved were:
Pastor Aloysius Christopher Peter Kevin John Browning Benjamin Yeboah Agyemang Mary Akpan Enang Janet Ann Grosvenor Mbachi Dimba Aniekan Emmanuel Essien Anthony Ugochukwu Osuji
The following persons served as trustees during the year ended 31 December 2024:
The trustees who served in the reporting period were as shown in the preceding page, and there were no changes during the year, or in the period between the year end and the approval of the accounts.
Objects and activities of the charity
The purposes of the charity as set out in its governing document.
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The objectives of Rainham Food Bank project include the provision of emergency food to members of the public in crisis;
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Provide possible solution to break the cycle of poverty and dependency;
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Restore dignity, revive hope and transform lives and
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Foster integration and engagement in the local community.
The main activities undertaken during the year to further the charity's purpose for the public benefit.
2024 has been a year of significant change and growth for Rainham Foodbank (RFB), as our More than Food (MTF) programmes continue to bring real benefit to the community. Against the backdrop of a second consecutive cost-of-living crisis, with rising food and utility costs, many local families turned to us for support. Increasingly, clients arrive for a food parcel but leave with access to a wide range of wrap around services reflecting the Trussell Trust vision of “ending the need for foodbanks”. Encouragingly, our data shows that reliance on food parcels is beginning to reduce as clients engage with broader support.
Food Provision in 2024
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Families supported: 3,752
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Meals provided: 33,768
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Food donated: 33,041 kg
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Collected via Tesco 3-day drive: 2,597 kg
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Collected via Sainsbury’s PCP: 9,124 kg
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Fresh Food Fridays families: 2,989
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Volunteer hours contributed: 2,177
Our partnership with the Felix Project continues to supplement food parcels with fresh produce. Fridays have become our Hub Days, with Havering Council and partner organisations on site to provide help with housing, homelessness, immigration, employability, healthy eating, and moneysaving advice. These sessions empower clients to build resilience and self-sufficiency.
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Rainham Food Bank
Company registration number - 08813701
Trustees' annual report for the year ended 31 December 2024
Volunteering and Corporate Support
RFB thrives, thanks to the dedication of volunteers. Highlights from 2024 include:
•Corporate partners such as Inet, Insightful Environments, and Barclays supported us with regular volunteering, food sorting, and Christmas hamper preparation.
•Schools and youth participation: work placements for Year 10 students from local academies, Duke of Edinburgh Award students, and our first placement from Waltham International College (Health & Social Care degree).
•With growing interest, RFB is close to reaching capacity for new volunteers — a testament to strong community engagement.
More than Food Projects
Counselling Services
•3 qualified and 3 trainee counsellors supported clients, many referred via NHS NEL ICB, schools, MIND, and social services, self-referral and Rainham Foodbank
•2024 data: 152 clients attended, 35 in progress, 117 completed.
•Student counsellors (SoPs) completed placement hours, increasing our capacity to see more clients without long waiting lists.
A client reflection:
“I feel like my old self more. I used to feel like giant rocks chasing and squashing me into the ground, now it feels like small rocks I can step over. I am growing more confident every day.”
Befriending is currently being developed, with a coordinator in training to assess and match clients with suitable volunteers. The service will provide vital companionship and reduce social isolation, complementing our counselling support. Safeguarding continue to be embedded in our work. All staff and volunteers receive safeguarding training as part of induction, ensuring client wellbeing is prioritised.
Sewing Sanctuary
•Launched February 2024 to students, celebrated its first anniversary in December with a student catwalk show.
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•44 students registered; 20 attended regularly.
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•Alterations service generated £381 in income.
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•Policies, procedures, and promotional activity now firmly established.
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Rainham Food Bank
Company registration number - 08813701
Trustees' annual report for the year ended 31 December 2024
Financial Inclusion
Financial support services provided vital assistance in 2024: Service�with theie actual and anticipated benefits:
Advocacy Actual Benefit £21,210 � Advocacy Anticipated Benefit £205,174 Citizens Advice (Havering) Actual Benefit £110,367� Citizens Advice (Havering) Anticipated Benefit £2,107 Community Money Advice�Actual Benefit £26,697� Community Money Advice�Anticipated Benefit £14,152
These interventions put significant funds back into clients’ pockets, directly easing financial hardship and reducing the link between debt and mental ill-health.
Education and Wellbeing Activities
• English for Refugees: 10 students weekly, supported by three teaching assistants, gaining vital language and life skills.
•Art Classes: held fortnightly, averaging 7 students, providing social connection and creativity for older adults.
Community Engagement
On 30 August 2024, RFB staged a large community awareness event at the Mick Fury Building. With stalls showcasing every service, children’s activities, and the presence of the Mayor and Trussell representatives, the event strengthened local awareness and pride in our collective efforts.
Summary
Rainham Foodbank’s activities in 2024 demonstrate the power of combining emergency food provision with holistic support. From counselling and financial inclusion to skills classes and community events, Rainham Foodbank is moving steadily towards the vision of reducing long-term need and building a more resilient community ensuring that we continue to work at Restoring Dignity, Reviving Hope and Transforming Lives.
How the activities undertaken during the year contributed to the achievement of the aims and objectives.
We review our aims, objectives, and activities each year. This review looks at what we achieved and the outcomes of our work in the previous 12 months. The review looks at the success of each key activity and the benefits they have brought to those groups of people we are set up to help.
The review also helps us ensure our aim, objectives and activities remained focused on our stated purposes. We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aim and objectives and in planning our future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives they have set.
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Rainham Food Bank
Company registration number - 08813701
Trustees' annual report for the year ended 31 December 2024
The contribution of volunteers during the year.
In the last year, the charity was able to attract supports from about 97 persons who steadfastly volunteered their times with various activities within the foodbank structures and its accompanying projects. It is estimated that 97 volunteers gave a minimum of 4 hours weekly amounting to a total of about 20,600 hours in the years (amounting to a value of £195,935 when calculated at minimum /standard living wage) and we cannot but continue to thank God and offer our appreciation for this set of highly valued human resources.
Fundraising activities during the year.
The charity relies on grant aid from the donors identified in the accounts, whose support is valued. There have been no other fundraising activities.
Structure, governance, and management of the charity
The methods used to recruit and appoint new charity trustees.
The management of the charity is vested with the board of trustees to whom the chairman who is also the visionary meets with the trustees regularly and as need arises. The day-to-day operation of the Foodbank is run by operation manager directly supervised by the chairman board of trustees.
The management team which consists of ten team leads drawn from all sections of the Rainham Foodbank project activities meets regularly to ensure the smooth operation and effective execution of Rainham Foodbank goals and objectives.
Rainham Foodbank was borne out of a sincere passion to see practical needs met in the community as direct action as we believe that everyone needs and deserves unconditional love irrespective of social status, conditions, race or other considerations. Rainham Foodbank in practical ways is meeting the needs of those in crisis and establishing relationships within the community.
Bankers Barclays Bank UK Plc 1 Churchill Place London E14 5HP Accountants Crownwise Consult Limited 1A Town Square Erith London DA8 1RE
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Rainham Food Bank
Company registration number - 08813701
Trustees' annual report for the year ended 31 December 2024
The charity's financial position at the end of the year ended 31 December 2024
The financial position of the charity at 31 December 2024 and comparatives for the prior period, as more fully detailed in the accounts, can be summarised as follows:
| more fully detailed in the accounts, can be summarised as follows: | |
|---|---|
| 2024 £ 7,253 59,166 Restricted revenue funds 19,203 Total funds 78,369 Net income Unrestricted revenue funds available for the general purposes of the charity |
2024 £ (47,747) |
| 60,731 32,540 |
|
| 93,271 |
Financial review of the position at the reporting date, 31 December 2024.
For the year under review, the charity was able to receive an income of £449,953 (£419,884 in 2023) as voluntary donations and grants. The net movement in funds as shown in the statement of financial activities for the year ended 31 December 2024 was £7,253 (deficit of (£47,747) in 2023). Net assets as at 31 December 2023 stood at £78,369 (£93,271 in 2023).
Policies on reserves.
The trustees strive to achieve a reserve policy as recommended by the Charity Commission, whereby the unrestricted funds not committed or invested in tangible fixed assets held by the charity should be between 3 and 6 months of the expenditure so as to:
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protect our services against loss of funding/sustain service levels;
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invest in new programmes as needs are identified by local communities;
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support costs which funders do not readily consider, for example core costs and
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cover winding down costs including redundancies where appropriate.
As at 31 December 2024, the unrestricted expenditure for the year is £37,232, thus targeted reserve should be £9,308 and £18,616 which is 25% and 50% of expenditure respectively. Therefore, the current unrestricted reserve of £59,166 as per reserve policy is enough to fund the activities of the charity should the funding drop.
The trustees will yearly ensure review of this policy in line with the growth of the charity so as to ensure that the reserves needed meet the working capital needs of the charity.
Availability and adequacy of assets of each of the funds
The board of trustees is satisfied that the charity's assets in each fund are available and adequate to fulfil its obligations in respect of each fund.
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Rainham Food Bank
Company registration number - 08813701
Trustees' annual report for the year ended 31 December 2024
Plans for the future
Summary of plans for the future and the trustees' perspective of the future direction of the charity.
Pathfinder Foodbank under the Trussell auspices and as such support their vision to end the need for Foodbanks in the UK, thus the need for our projects that address the underlying reasons for the food parcel.
Rainham Foodbank's end goal is a future where residents will be independent, have money in their pockets and as such, will not require emergency food.
Our More than food projects offer a journey with our Service Users, a journey towards independence and self-sustenance. It is a journey of building our clients away from dependency on emergency food because they are either in receipt of the full support they are entitled to from the government or they are in paid employment, we achieve this with the help of CAB advisers as well as our advocacy manager provide. It is a journey of building our service users confidence to be able to embrace the future, blend into the society with confidence and be able to do things for themselves. We do this through our English for refugees classes and employability support. It is a journey of getting our Services Users ready for employment, for those that are able to work. It is a journey of helping our Services users through their mental health challenges with the help of our Counselling department. It is a journey of helping our clients develop new skills, meet new people and create a warm space for them to socialise through our skills acquisition - sewing sanctuary and breakfast club. It is a journey of helping our clients manage their finances and help those in debt consolidate their debts and where possible, get some or all of it written off by liaising with their creditors.
Rainham Foodbank is transforming from a working charity to a charity with a defined business model incrementally driving towards self-sustaining. Institutional analysis carried out last year identified processes and systems that required strengthening and re-engineering in the identified areas for change.
The Foodbank itself has grown steadily in its mission “feeding the community” to resourcing the community, a warm space, a community hub that provides a holistic wrap around services to meet the need of members of the community.
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Rainham Food Bank
Company registration number - 08813701
Trustees' annual report for the year ended 31 December 2024
Managing and addressing the underlying issues of the food parcel has become a priority for Rainham Foodbank. Our data indicate that our projects are making an impact in the lives of our Foodbank users, for the better.
With embedment of Strategy and Innovation team in Rainham Foodbank and the recent partnership with university for research, case studies etc , Rainham Foodbank will continue to develop and implement programs and initiatives that drive long-term growth and positive impact for our community. This will include using data analytics and technology to identify new opportunities for growth and impact, developing and implementing data-driven programs to support our service users in transitioning out of poverty, and conducting qualitative academic studies to gain a deeper understanding of the effectiveness of Rainham Foodbank's programs and initiatives.
Managing and addressing the underlying issues of the food parcel has become a priority for Rainham Foodbank. Our data indicate that our projects are making an impact in the lives of our Foodbank users, for the better.
With embedment of Strategy and Innovation team in Rainham Foodbank and the recent partnership with university for research, case studies etc , Rainham Foodbank will continue to develop and implement programs and initiatives that drive long-term growth and positive impact for our community. This will include using data analytics and technology to identify new opportunities for growth and impact, developing and implementing data-driven programs to support our service users in transitioning out of poverty, and conducting qualitative academic studies to gain a deeper understanding of the effectiveness of Rainham Foodbank's programs and initiatives.
Details of the independent examiner.
Mr Adeniyi Zaccheus Chartered Certified Accountant 1A Town Square Erith London DA8 1 RE �
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Rainham Food Bank
Company registration number - 08813701
Trustees' annual report for the year ended 31 December 2024
Statement of directors and trustees' responsibilities
The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Companies Act 2006, the Charities Act 2011 and the Charities (Accounts and Reports) Regulations 2008. Notwithstanding the explicit requirement in the extant statutory regulations, the Charities (Accounts and Reports) Regulations 2008, to prepare the financial statements in accordance with the SORP 2005, in view of the fact that the SORP 2005 has been withdrawn, the trustees determined to interpret this responsibility as requiring them to follow current best practice and prepare the accounts according to the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019).
In particular, the Companies Act 2006 and charity law require the board of trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the board is required to:
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prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law);
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select suitable accounting policies and apply them consistently;
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make judgements and estimates that are reasonable and prudent;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business and
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state whether applicable accounting standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements.
The law requires that the trustees must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for the year.
The trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with the Companies Act 2006 and comply with regulations made under the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are also responsible for the contents of the trustees' report, and the statutory responsibility of the independent examiner in relation to the trustees' report is limited to examining the report and ensuring that on the face of the report, there are no material inconsistencies with the figures disclosed in the financial statements.
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Rainham Food Bank
Company registration number - 08813701
Trustees' annual report for the year ended 31 December 2024
Method of preparation of accounts - small company provisions
The financial statements are set out on pages 13 to 15.
The financial statements have been prepared implementing the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019) and in accordance with the Financial Reporting Standard 102, (effective 1st January 2016).
These financial statements have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
This report was approved by the board of trustees on 29th October 2025.
Pastor Aloysius Christopher Peter Director and trustee a
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Rainham Food Bank
Report of the independent examiner to the trustees of the charitable company on the accounts for the year ended 31 December 2024
I report to the trustees on my examination of the financial statements of the charitable company on pages 12 to 15 for the year ended 31 December 2024 which have been prepared in accordance with the Charities Act 2011 (the Act) and with the Financial Reporting Standard 102, (effective 1st January 2016) as modified by FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), published by the Charity Commission in England & Wales (CCEW), and under the historical cost convention and the accounting policies set out on pages 16 and 18.
Respective responsibilities of the trustees and the independent examiner and the basis of the report
As described on pages 8 and 9, you, the charitable company's trustees, who are also the directors of the company for the purposes of company law, are responsible for the preparation of the financial statements in accordance with the Companies Act 2006, the Charities Act 2011 and all other applicable law and with United Kingdom Generally Accepted Accounting Practice, applicable to smaller entities, and for being satisfied that the financial statements give a true and fair view.
The trustees consider that the audit requirement of Section 144(1) of the Charities Act 2011 (the Act) does not apply, and that there is no requirement in the memorandum and articles of the charity for the conducting of an audit, and that the accounts do not require an audit in accordance with Part 16 of the Companies Act 2006 and that no member or members have requested an audit pursuant to Section 476 of the Companies Act 2006. As a consequence, the trustees have elected that the financial statements be subject to independent examination.
Having satisfied myself that the financial statements are not required to be audited under any legal provision, or otherwise, and are eligible for independent examination, it is my responsibility to:
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a) examine the financial statements of the charity under Section 145 of the Act and
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b) follow the applicable procedures in the directions given by the Charity Commission under section 145(5)(b) of the Act.
Basis of independent examiner's statement and scope of work undertaken
I report in respect of my examination of the charity's financial statements carried out under s145 of the Act. In carrying out my examination, I have followed all the applicable directions given by the Charity Commission under section 145(5)(b) of the Act setting out the duties of an independent examiner in relation to the conducting of an independent examination. An independent examination includes a review of the accounting records kept by the charitable company and of the accounting systems employed by the charitable company and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you, as trustees, concerning such matters. The purpose of the examination is to establish as far as possible that there have been no breaches of charity legislation and that, on a test basis of evidence relevant to the amounts and disclosures made, the financial statements comply with the SORP.
The procedures undertaken do not provide all the evidence that would be required in an audit, and information supplied by the trustees in the course of the examination is not subjected to audit tests or enquiries and does not cover all the matters that an auditor would consider in arriving at an opinion. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide.
Consequently, I do not express an audit opinion on the view given by the financial statements, and in particular, I express no opinion as to whether the financial statements give a true and fair view of the affairs of the charity, and my report is limited to the matters set out in the statement below.
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Rainham Food Bank
I planned and performed my examination so as to satisfy myself that the objectives of the independent examination are achieved and before finalising the report I obtained written assurances from the trustees of all material matters.
Independent examiner's statement, report and opinion
Subject to the limitations upon the scope of my work as detailed above, I have completed my examination and can confirm that: The accounts of this charitable company are not required to be audited under Part 16 of the Companies Act 2006.
This is a report in respect of an examination carried out under 145 of the Act and in accordance with directions given by the Charity Commission under section 145(5)(b) of the Act which may be applicable and that no material 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 386 of the Companies Act 2006 and 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 accounts set out in section 396 of the Companies Act 2006 other than any requirement that the accounts give a true and fair view, which is not a matter considered as part of an independent examination and
the financial statements have not been prepared in accordance with the methods and principles set out in the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP).
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 a proper understanding of the financial statements to be reached.
Mr Adeniyi Zaccheus - Independent examiner
Chartered Certified Accountant
1A Town Square Erith London DA8 1RE
This report was signed on 29th October 2025
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Rainham Food Bank - Statement of financial activities for the year ended 31 December 2024
Statement of financial activities (including the income and expenditure account for the year ended 31 December 2024, as required by the Companies Act 2006)
| Current year Current year Current year Unrestricted funds Restricted funds Total funds 2024 2024 2024 £ £ £ Income Donations and grant 15 35,667 414,286 449,953 Expenditure on: Charitable activities 37,232 405,468 442,700 Total expenditure 19 37,232 405,468 442,700 Net income for the year 21,173 (68,920) (47,747) Net movement in funds (1,565) 8,818 7,253 Reconciliation of funds: Total funds brought forward 60,731 32,540 93,271 Adjustment against reserve - (22,155) (22,155) Total funds carried forward 59,166 19,203 78,369 Notes |
Current year Current year Current year Unrestricted funds Restricted funds Total funds 2024 2024 2024 £ £ £ Income Donations and grant 15 35,667 414,286 449,953 Expenditure on: Charitable activities 37,232 405,468 442,700 Total expenditure 19 37,232 405,468 442,700 Net income for the year 21,173 (68,920) (47,747) Net movement in funds (1,565) 8,818 7,253 Reconciliation of funds: Total funds brought forward 60,731 32,540 93,271 Adjustment against reserve - (22,155) (22,155) Total funds carried forward 59,166 19,203 78,369 Notes |
Current year Current year Current year Unrestricted funds Restricted funds Total funds 2024 2024 2024 £ £ £ Income Donations and grant 15 35,667 414,286 449,953 Expenditure on: Charitable activities 37,232 405,468 442,700 Total expenditure 19 37,232 405,468 442,700 Net income for the year 21,173 (68,920) (47,747) Net movement in funds (1,565) 8,818 7,253 Reconciliation of funds: Total funds brought forward 60,731 32,540 93,271 Adjustment against reserve - (22,155) (22,155) Total funds carried forward 59,166 19,203 78,369 Notes |
Current year Current year Current year Unrestricted funds Restricted funds Total funds 2024 2024 2024 £ £ £ Income Donations and grant 15 35,667 414,286 449,953 Expenditure on: Charitable activities 37,232 405,468 442,700 Total expenditure 19 37,232 405,468 442,700 Net income for the year 21,173 (68,920) (47,747) Net movement in funds (1,565) 8,818 7,253 Reconciliation of funds: Total funds brought forward 60,731 32,540 93,271 Adjustment against reserve - (22,155) (22,155) Total funds carried forward 59,166 19,203 78,369 Notes |
Prior year Total funds 2023 £ 419,884 467,631 |
|---|---|---|---|---|
| 467,631 | ||||
| (47,747) | ||||
| (47,747) 155,510 (14,492) |
||||
| 59,166 | 19,203 | 78,369 | 93,271 |
As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the balance sheet.
A separate statement of total recognised gains and losses is not required as this statement includes all recognised gains and losses.
All activities derive from continuing operations.
Rainham Food Bank - Resources applied in the year ended 31 December 2024 towards fixed assets for charity use:-
| Funds generated in the year as detailed in the SOFA Resources applied on functional fixed assets Net resources available to fund charitable activities |
2024 £ 7,253 (1,189) 6,064 |
2023 £ (47,747) (13,281) |
|---|---|---|
| (61,028) |
The resources applied on fixed assets for charity use represents the cost of additions less proceeds of any disposals.
The notes attached on pages 17 to 26 form an integral part of these accounts.
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Rainham Food Bank - Statement of financial activities for the year ended 31 December 2024
Movements in revenue and capital funds for the year ended 31 December 2024
Revenue accumulated funds
| Unrestricted funds 2024 £ Accumulated funds brought forward 60,731 (1,565) 59,166 - Closing revenue funds 59,166 Summary of funds Unrestricted and Designated funds 2024 £ Revenue accumulated funds 59,166 Recognised gains and losses Adjustment against reserve |
Restricted funds 2024 £ 32,540 8,818 41,358 (22,155) 19,203 Restricted funds 2024 £ 19,203 |
Total Last year funds Total funds 2024 2023 £ £ 93,271 155,510 7,253 (47,747) 100,524 107,763 (22,155) (14,492) 78,369 93,271 Total Last year funds Total funds 2024 2023 £ £ 78,369 93,271 |
|---|---|---|
The notes attached on pages 17 to 26 form an integral part of these accounts.
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Rainham Food Bank - Statement of financial activities for the year ended 31 December 2024
Rainham Food Bank
Income and expenditure account for the year ended 31 December 2024 as required by the Companies Act 2006
| Income Income from operations Gross income in the year before exceptional items Gross income in the year including exceptional items Expenditure Charitable expenditure, excluding depreciation and amortisation Depreciation and amortisation Governance costs Total expenditure in the year Net income before tax in the financial year Tax on surplus on ordinary activities Net income after tax in the financial year Retained surplus/deficit for the financial year |
2024 £ 449,953 449,953 449,953 403,644 37,722 1,334 442,700 7,253 - 7,253 7,253 |
2023 £ 419,884 |
|---|---|---|
| 419,884 | ||
| 419,884 | ||
| 428,978 37,573 1,080 |
||
| 467,631 | ||
| (47,747) - |
||
| (47,747) | ||
| (47,747) |
All activities derive from continuing operations.
In accordance with the provisions of the Companies Act 2006, the headings and subheadings used in the income and expenditure account have been adapted to reflect the special nature of the charity's activities.
The notes attached on pages 17 to 26 form an integral part of these accounts.
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Rainham Food Bank - Balance sheet as at 31 December 2024
| Notes | Notes | 2024 | 2023 | ||
|---|---|---|---|---|---|
| £ | £ | ||||
| Fixed assets | |||||
| Land & building | 7 | 9,475 | 14,046 | ||
| Tangible assets | 8 | - | 31,962 | ||
| Total fixed assets | 9,475 | 46,008 | |||
| Current assets | |||||
| Debtors | 10 | 40,000 | 40,000 | ||
| Cash at bank and in hand | 53,468 | 18,460 | |||
| Total current assets | 93,468 | 58,460 | |||
| Creditors: amounts falling due within one year |
11 | (24,574) | (11,197) | ||
| Net current assets | 68,894 | 47,263 | |||
| The total net assets of the charity | 78,369 | 93,271 | |||
| The total net assets of the charity are funded | The total net assets of the charity are funded | ||||
| by the funds of the charity, as follows:- | |||||
| Restricted funds | |||||
| Restricted revenue funds | 13 | 19,203 | 32,540 | ||
| Unrestricted funds | |||||
| Unrestricted revenue funds | 13 | 59,166 | 60,731 | ||
| Total charity funds | 78,369 | 93,271 |
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the companies Act 2006.
The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and for the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
Pastor Aloysius Christopher Peter Director and trustee Approved by the board of trustees on 29th October 2025.
The notes attached on pages 17 to 26 form an integral part of these accounts.
16
Rainham Food Bank
Notes to the accounts for the year ended 31 December 2024
1 Accounting policies
Policies relating to the production of the accounts.
Basis of preparation and accounting convention
The accounts have been prepared on the accruals basis, under the historical cost convention, and in accordance with the Financial Reporting Standard 102, (effective 1st January 2016) and 'FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), published by the Charity Commission in England & Wales (CCEW), effective January 2016, and in accordance with all applicable law in the charity's jurisdiction of registration, except that the charity has prepared the financial statements in accordance with the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), in preference to the previous SORP, the SORP 2005, which has been withdrawn, notwithstanding the fact that the extant statutory regulations, the Charities (Accounts and Reports) Regulations 2008 refer explicitly to the SORP 2005. This has been done to accord with current best practice.
Going concern
The charitable activities are entirely dependent on continuing grant aid and voluntary donations as well as trading revenues. As a consequence, the going concern basis is dependent on the future flow of these uncertain funding streams. Accordingly, the trustees have obtained forecasts and, after reviewing the financial forecasts for future periods to 31 December 2024, the trustees are satisfied that, at the time of approving the financial statements, it is appropriate to adopt the going concern basis in preparing the financial statements. Other than these matters, the trustees are not aware of any material uncertainites about the charity's ability to continue as a going concern.
Risks and future assumptions
The charity is a public benefit entity.
Policies relating to categories of income and income recognition.
Nature of income
Gross income represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Categories of income
Income is categorised as income from exchange transactions (contract income) and income from nonexchange transactions (gifts), investment income and other income.
Income from exchange transactions is received by the charity for goods or services supplied under contract or where entitlement is subject to fulfilling performance related conditions. The income the charity receives is approximately equal in value to the goods or services supplied by the charity to the purchaser.
Income from a non-exchange transaction is where the charity receives value from the donor without providing equal value in exchange, and includes donations of money, goods and services freely given without giving equal value in exchange.
17
Rainham Food Bank
Notes to the accounts for the year ended 31 December 2024
Income recognition
Income, whether from exchange or non exchange transactions, is recognised in the statement of financial activities (SOFA) on a receivable basis, when a transaction or other event results in an increase in the charity’s assets or a reduction in its liabilities and only when the charity has legal entitlement, the income is probable and can be measured reliably.
Income subject to terms and conditions which must be met before the charity is entitled to the resources is not recognised until the conditions have been met.
All income is accounted for gross, before deducting any related fees or costs.
Donated goods, facilities and services
Donated fixed assets are recognised at the current fair value. All such donations are recognised as donation income, and debited to fixed assets.
Donated goods that are not fixed assets are accounted for at a fair value, unless it is impractical to reliably measure the value of the donated items.
In the absence of any direct evidence of fair value of donated goods, then a value is derived from the cost of the item to the donor or, in the case of goods that are expected to be sold, the estimated resale value after deducting any anticipated costs of sales.
If it is impracticable to measure the fair value of goods donated for resale, or the costs of valuation outweigh the benefits, the donated goods are recognised as income when sold, with an equivalent amount being recognised as an expense.
The costs of goods donated for distribution to beneficiaries is deemed to be the fair value of those goods upon receipt. When the goods are distributed freely or for a nominal consideration, then the carrying amount is adjusted at the time of sale, to the value at the point of distribution and the adjustment is shown as a cost of donations made.
Donated services and facilities (including seconded staff and use of property) are included in the accounts on the basis of the value of the gift to the charity.
All donated services and facilities are recognised as donation income when received, (provided the value of the gift can be measured reliably) and recognised as an expense with an equivalent value.
Policies relating to expenditure on goods and services provided to the charity.
Volunteers
In accordance with the SORP, and in recognition of the difficulties in placing a monetary value on the contribution from volunteers, the contribution of volunteers is not included within the income of the charity. However, the trustees value the significant contribution made to the activities of the charity by unpaid volunteers and this is described more fully in Note 5.
18
Rainham Food Bank
Notes to the accounts for the year ended 31 December 2024
Policies relating to assets, liabilities and provisions and other matters.
Tangible fixed assets
Tangible fixed assets are measured at their original cost value, or subsequent revaluation, or if donated, as described above. Cost value includes all costs expended in bringing the asset into its intended working condition.
Depreciation has been provided at the following rates in order to write off the assets to their anticipated residual value over their estimated useful lives.
Land & building 0% straing line Building-refurbishment 20% straight line Office and project equipment 20% straight line Furniture and fittings 20% straight line Motor vehicles 20% straight line
Debtors
Debtors are measured at their recoverable amounts at the balance sheet date.
Creditors and provisions
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the church and which have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the church for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
There are no endowment funds.
2 Liability to taxation
The trustees consider that the charity satisfies the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by chapter 3 part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively on the specific charitable objects of the charity and for no other purpose. Value Added Tax is not recoverable by the charity and is therefore included in the relevant costs in the statement of financial activities.
3 Winding up or dissolution of the charity
If upon winding up or dissolution of the charity there remain any assets, after the satisfaction of all debts and liabilities, the assets represented by the accumulated fund shall be transferred to some other charitable body or bodies having similar objects to the charity.
19
Rainham Food Bank
Notes to the accounts for the year ended 31 December 2024
4 Net surplus before tax in the financial year
| Net surplus before tax in the financial year | ||
|---|---|---|
| The net surplus before tax in the financial year is stated after charging:- Depreciation of owned fixed assets Depreciation of building |
2024 £ 5,760 31,962 |
2023 £ 5,611 31,962 |
| 37,772 | 37,573 |
- 5 The contribution of volunteers
The charity depends on the support of its volunteers, which is much appreciated. The church is grateful for the unflinching efforts of its volunteers who are involved in service provision, office work and administration. It is estimated that over 13,520 volunteer hours were provided during 2022. The arrangements with volunteers are difficult to value precisely in monetary terms and have not been recognised in the Statement of financial activities. The volunteers and the charity accept and agree that no contract of employment is created by these arrangements.
6 Staff costs and emoluments
| Salary costs Gross salaries excluding trustees and key management personnel Employer's National Insurance for all staff Total salaries, wages and related costs Building At cost 2024 £ At 1 January 2024 159,810 Addition - At 31 December 2024 159,810 Depreciation At 1 January 2024 127,848 Charge for the year 31,962 At 31 December 2024 159,810 Net book value - |
Salary costs Gross salaries excluding trustees and key management personnel Employer's National Insurance for all staff Total salaries, wages and related costs Building At cost 2024 £ At 1 January 2024 159,810 Addition - At 31 December 2024 159,810 Depreciation At 1 January 2024 127,848 Charge for the year 31,962 At 31 December 2024 159,810 Net book value - |
At valuation 2024 £ - - |
2024 £ 145,360 6,305 |
2023 £ 136,236 10,766 |
|---|---|---|---|---|
| 151,665 | 147,002 | |||
Total of valuation and cost 2024 £ 159,810 - |
Total of valuation and cost 2023 £ 159,810 - |
|||
| 159,810 | - | 159,810 | 159,810 | |
| 127,848 31,962 |
- - |
127,848 31,962 |
95,886 31,962 |
|
| 159,810 | - | 159,810 | 127,848 | |
| - | - | - | 31,962 |
7 Building
20
Rainham Food Bank
Notes to the accounts for the year ended 31 December 2024
8 Tangible fixed assets
| Cost At 1 January 2024 Additions At 31 December 2024 Depreciation At 1 January 2024 Charge for the year At 31 December 2024 Net book value At 31 December 2024 At 31 December 2023 9 Debtors Lease deposit Other Debtors Creditors: amounts falling due within one year 10 Creditors: amounts falling due within one year Accruals PAYE, NIC VAT and other taxes Other creditors 11 Income and expenditure account summary At 1 January 2023 Surplus after tax for the year Adjustment against reserve At 31 December 2023 |
Office and project equipment £ 20,200 1,189 |
Furniture and fittings £ 5,487 - |
Motor vehicles £ 16,223 - |
Total £ 41,910 1,189 |
|---|---|---|---|---|
| 20,200 | 5,487 | 16,223 | 41,910 | |
| 18,235 1,912 |
4,571 603 |
5,058 3,245 |
27,864 5,760 |
|
| 20,147 | 5,174 | 8,303 | 33,624 | |
| 1,242 | 313 | 7,920 | 9,475 | |
| 1,965 | 916 | 11,165 | 14,046 | |
| 2024 £ 15,000 25,000 |
2023 £ 15,000 25,000 |
|||
| 40,000 | 40,000 | |||
| 2024 £ 1,334 16,016 7,224 |
2023 £ 1,080 5,770 4,347 |
|||
| 24,574 | 11,197 | |||
| 2024 £ 93,271 7,253 - (22,155) |
2023 £ 155,510 (47,747) - (14,492) |
|||
| 78,369 | 93,271 |
21
Rainham Food Bank
Notes to the accounts for the year ended 31 December 2024
| 12 Particulars of how particular funds are represented by assets At 31 December 2024 Unrestricted funds £ Building - Tangible fixed assets 9,475 Current assets (54,693) Current liabilities (24,574) (69,792) At 1 January 2024 Unrestricted funds £ Building - Tangible fixed assets 14,046 Current assets (89,701) Current liabilities (11,197) (86,852) |
12 Particulars of how particular funds are represented by assets At 31 December 2024 Unrestricted funds £ Building - Tangible fixed assets 9,475 Current assets (54,693) Current liabilities (24,574) (69,792) At 1 January 2024 Unrestricted funds £ Building - Tangible fixed assets 14,046 Current assets (89,701) Current liabilities (11,197) (86,852) |
and liabilities Designated Restricted funds funds £ £ - - - - 148,161 - - |
and liabilities Designated Restricted funds funds £ £ - - - - 148,161 - - |
Total funds £ - 9,475 93,468 (24,574) |
|---|---|---|---|---|
| (69,792) | - | 148,161 | 78,369 | |
| Unrestricted funds £ - 14,046 (89,701) (11,197) |
Designated funds £ - - - |
Restricted funds £ 31,962 - 148,161 - |
Total funds £ 31,962 14,046 58,460 (11,197) |
|
| (86,852) | - | 180,123 | 93,271 |
13 Change in total funds over the year as shown in Note 12, analysed by individual funds
| Unrestricted and designated funds:- Unrestricted revenue funds Total unrestricted and designated funds Restricted funds:- Restricted revenue funds Total restricted funds Total charity funds 14 Analysis of movements in funds over the year a Unrestricted and designated funds:- Unrestricted revenue funds Restricted funds:- Restricted revenue funds |
Funds brought forward from 2023 £ 60,731 |
Movement in funds in 2024 £ (1,565) |
Adjustment in funds in 2024 £ - |
Funds carried forward to 2024 £ 59,166 |
|---|---|---|---|---|
| 60,731 | (1,565) | - | 59,166 | |
| 32,540 | 8,818 | (22,155) | 19,203 | |
| 32,540 | 8,818 | (22,155) | 19,203 | |
| 93,271 | 7,253 | (22,155) | 78,369 | |
| s shown in Note 13 Income Expenditure 2024 2024 £ £ 35,667 (37,232) 414,286 (405,468) |
Other gains & losses 2024 £ - - |
Movement in funds 2024 £ (1,565) 8,818 |
||
| 449,953 (442,700) |
- | 7,253 |
22
Rainham Food Bank
Detailed analysis of income and expenditure for the year ended 31 December 2024 as required by the SORP 20152
This analysis is classsified by conventional nominal descriptions and not by activity.
15 Donations and grants
| Donations and gifts from individuals Total donations and gifts from individuals Revenue grants and donations from non public bodies Donations from corporate organisations Total private sector revenue grants Total donations and grant Small donations individually less than £1000 |
Current year Unrestricted funds 2024 £ 35,667 |
Current year Restricted funds 2024 £ - |
Current year Total funds 2024 £ 35,667 35,667 Current year Total funds 2024 £ 414,286 414,286 |
Prior year Total funds 2023 £ 42,463 |
|---|---|---|---|---|
| 35,667 | - | 42,463 | ||
| Current year Unrestricted funds 2024 £ - |
Current year Restricted funds 2024 £ 414,286 |
Prior year Total funds 2023 £ 377,421 |
||
| - | 414,286 | 377,421 | ||
| 35,667 | 414,286 | 449,953 | 419,884 |
16 Expenditure on charitable activities - Direct spending
| Employers' pension Total direct spending More than food project Travel and subsistence - charitable activities Welfare Employers' NI - charitable activities Gross wages and salaries - charitable activities Training |
Current year Unrestricted funds 2024 £ - - - - - - - |
Current year Restricted funds 2024 £ 145,360 6,305 4,310 2,706 1,648 - 103,558 |
Current year Total funds 2024 £ 145,360 6,305 4,310 2,706 1,648 - 103,558 263,887 |
Prior year Total funds 2023 £ 136,236 10,766 4,105 3,622 3,689 881 68,515 |
|---|---|---|---|---|
| - | 263,887 | 227,814 |
23
Rainham Food Bank
Detailed analysis of income and expenditure for the year ended 31 December 2024 as required by the SORP 20152
17 Support costs for charitable activities
| 17 Support costs for charitable activities |
||||
|---|---|---|---|---|
| Premises expenses Administrative overheads Volunteer costs Volunteer expenses Total support costs Financial costs Sundry expenses Depreciation & amortisation Bank Charges IT expenses Advertising and marketing Rent Consultancy fees Office expenses Subscriptions Telephone, fax and internet Stationery and printing Light heat and power Premises repairs, renewals and maintenance Cleaning and waste management Property insurance Management fees Security controls Professional fees paid to advisors other than the auditor or examiner |
Current year Unrestricted funds 2024 £ - - 16,779 - - 5,072 2,486 2,968 - 4,835 2,314 1,443 - - - - 1 - |
Current year Restricted funds 2024 £ 68,344 - - 1,857 4,886 - - - 3,329 - - - 11,746 467 13,230 - - 37,722 |
Current year Total funds 2024 £ 68,344 - 16,779 1,857 4,886 5,072 2,486 2,968 3,329 4,835 2,314 1,443 11,746 835 13,230 - 1 37,722 177,479 |
Prior year Total funds 2023 £ 87,965 1,774 7,947 46,495 2,119 914 1,266 2,074 457 2,220 2,223 1,792 13,115 835 29,968 - - 37,573 |
| 35,898 | 141,581 | 238,737 | ||
24
Rainham Food Bank
Detailed analysis of income and expenditure for the year ended 31 December 2024 as required by the SORP 20152
18 Other expenditure - Governance costs
| Other expenditure - Governance costs | ||||
|---|---|---|---|---|
| Independent examiner's fees Other fees Total governance costs |
Current year Unrestricted funds 2024 £ 1,200 134 |
Current year Restricted funds 2024 £ - - |
Current year Total funds 2024 £ 1,200 134 1,334 |
Prior year Total funds 2023 £ 1,080 - |
| 1,334 | - | 1,080 |
19 Total charitable expenditure
| Total charitable expenditure | ||||
|---|---|---|---|---|
| Total direct spending Total support costs Total governance costs Total charitable expenditure |
Current year Unrestricted funds 2024 £ - 35,898 1,334 |
Current year Restricted funds 2024 £ 263,887 141,581 - |
Current year Total funds 2024 £ 263,887 177,479 1,334 442,700 |
Prior year Total funds 2023 £ 227,814 238,737 1,080 |
| 37,232 | 405,468 | 467,631 |
| Prior year Total direct spending Total support costs Total governance costs Total charitable expenditure |
Prior year Unrestricted funds 2023 £ 227,814 238,737 1,080 |
Prior year Prior year Restricted funds Total funds 2023 2023 £ £ - 227,814 - 238,737 - 1,080 |
|---|---|---|
| 467,631 | - 467,631 |
25