2023-12-31-accounts

forthe Year Ended 31st December 2023 Cheadle & Ol#ri¢t Foodbank

Cheadle & Dlstrlct Foodbank Index to the Hnanclal Statements for the Year Ended 31st December 2023 P¥ge Trustees Report Independent Examiners Report Recelpts and Payments Account Ststement of Assets and Uabllltle5

Cheadle & Distrkt Foodbank For the Year Ended 31° December 2023 The Trustees present their report with the financial ststements of the company for the year ended 31 December 2023. Name: Cheadle & Dlstrfct Foodbank Statu5: Charitable Incorporated O￿an1$atiOn Charty Number: 1156477 Address: Guild Hall. Tape StreeL Cheadle, stsfford5hire srio IBG Contact Address: 15 Windmill Drive, Marthington. Uttoxeter. stsffordshlre ST14 8JP Accountant: Rice & Co Limited, Chartered Accountsnts 14a Market Place, ifttoxeter. Staffordshire. ST14 8HP Trustees serving during the year were as follows: Diane White Ichairpersonl Heather Bates Andrew Carter Dorothy-Ann Sherratt Robert Sunderland AntI￿nY White L al Status The organisation 15 a charitsble incorporated organisation and is govemed by its constr(ution dated 8th January 2014 as updated 14th May 2021. ent of Trustees Trustees are appointed by volunteers exp￿ssIng an Interest in the advertised position. Following an interview. obtaining references and a voluntary trial period. a vote is tsken at a meetin8 of the Tru5tee5. Risk S The Trustees maintsin a register of the major risks to which the organisation Is exposed. This register is revlewed annually. Systems are in place to mitigate any risks as far as Is posslble. within prartical and finanaal constraints. Page I

Cheadle & Dlstrfrt Foodbank Trustees Report For the Year Ended 31# De¢ember 2023 The general objettfves for the organ15ation are to collect and distrlbute food Items to those In need via a voucher referral system as dlctated by the Trussell Trust. Vouchers are Issued by referral agencles which subscribe to the Trussell Trust operating model. In settlng our ob5ectlves and plannln8 our activities, the Trustees hiive gtven careful consideratlon to the Charlty Commlsslon's general guldance on public benefit. No charge is made to cllents for the food Items provlded. The organlsatlon Is affiliated to the Trussell Trust whSch operates a voucher referral system for glvln8 out food to those In need. The activlties and achlevements durlng the year are as follows.. The provlsion of 3-day emergency food parcels containlng drled and tlnned food to cllents identifled In need. We are wholly rellant upon donatlons. elther flnanclal or foodlvouchers. Durlng 2023 we.. Fed In excess of 1,150 people. o Fulfllled 471 food vouchers. Welcomed cllents who were referred by some of the 53 a8encles. Locally we have been able to Increase the number of servlce provlders offerln8 foodbank vouchers and have therefore Increased the numbers given, prlmarlly due to the economlc sttuatlon, This ha5 resulted In fewer Instances of food poverty. The provlslon of a slgnpostlng support servlce to help cllents try and Improve the clrcum5tance5 that have led to the need for emer8ency food provision. Durlng 2022 we were successful In obtaining fundlng from the Trussell Trust for a two-year project, delivered In partnershlp wlth Leek & Distrirt Foodbank and Cltlzens Advlce, to support cllents in managlng thelr flnancial situation. Thls project commenced In December 2022 and further fundln8 has been obtalned durlng 2023 to allow the project to be extended by a further two year5. ookln Ahead Our plans for the future are slmple: To continue to provide our existlng servlce, ensurlng we have sufficient food donatlons to do thi5 and therefore no-one In the a￿3 we serve goes hungry. To utilise the Trussell Trust financial Inclusion grant to provide Income and debt- management advlce to as many ¢llents as p055ible. Pa8e 2

Cheadle & Distrirt Foodbank Trustees Report For the Year Ended 31" December 2023 LLo3LRevi In Review of the Year Financial donations received during the year for food parcels decreased to £13,185 from £21,927 ',n 2022. Cost5 increased to £10.503 compared to £5,038 resulting in an unrestricted surplus of £2,682 12022 - £16,889). During 2023 we received a restricted financlal Inclusion grant of £37,85312022 - £41,947) to add to the unspent balance at 31" December 2022 of £28,331. Costs of £29,775 12022 - £13,616) were incurred, leaving a balance to be spent in 2024 of £36,409. Reserves Cash funds at 31" December 2023 amounted to £75,545, split between restricted funds of £36,409 nd unrestricted funds of £39,136. It is the Trustee's aim to malntain reserve5 at a level to ensure funding requirements for the forthcoming year can be met and to safeguard the or&anisztion against unforegeen circumstances. Approved by the Board of Trustees on.. And signed on its behalf by Diane Page 3

Report ofthe Independent Examlners to the Tru5tee5 of Cheadle & Dlstrkt Foodbank for the Year Ended 3tst December 2023 We have examlned the re￿Ipts and payments account and ststement of 055ets and liabilities on pages S and 6. Respectfve re5ponsibllitle5 of trustees and examiner The charivs trustees are responsible for the preparation of the accounts. The charivs tru5tee5 consider that an audit Is not required for this year under sertion 144121 of the Charltles Act 2011 Ithe 2011 Act) and that an independent examination is needed. It is our responsibillty to: examine the accounts (under sertion 145 of the 2011 Act): to follow the procedures laid down in the General Directions Biven by the Charlty Commission under section 1451511bl of the 2011 Act: and to state whether particular matters have come to our attentlon. Basls of Independent examlners ststement Our examlnatlon wa5 carrled out in accordance with General Direttions given by the Charlty Commlssioners. An examlnation includes a review of the accountlng record5 kept by the charlty and a comparison ol the accounts presented with those records. It also includes consideration of any unusual items or dlsclosures in the èccounts, and seekln8 explanations from the trustees concerning any such matters. The procedures undertaken do rK)t provide all the evidence that would be required in an audlt, and consequently no opinion is given as to whether the accounts present a true and fair view and the report is limited to those matters set out In the statement below. Independent examlners ststement In connertion with our examination. no materlal matters have come to our attentlon whlch 8lves us cause to belleve that In, any material respect: the accountln8 records were not kept in accordance with section 130 of the Charltles Act.. or the accounts dld not accord with the accounting records.. vr the accounts dld not comply with the applicable requirements concemlng the form and content of accounts Set out in the Charities IAccounts and Reports) Regulatlons 2008 other than any requirement that the accounts give a 'true and falrf view which Is not a matter consldered as part of an independent examination. We have no concerns and have come across no other matters Sn connertlon wlth the examlnatlon to whlch attentlon should be drawn in thi5 report In order to enable a proper understsndlng of the accounts to be reached. Matthew Gibbs FCA For and on behalf of Rlce & Co Limited Chartered Accountants 14A Market Pla Uttoxeter Staffordshire ST14 8HP Dated: Page 4

Cheadle & Di5trfrt Foodbank for the Year Ended 3tst De￿rnber 2023 Unre5trfrted Restrlcted Fund5 Funds 2023 2023 Totsl Funds 2023 Totsl Funds 2022 Recelpts Grants and donations 13.185 37.853 51,038 63,874 Total recelpts 13,185 37.853 51,038 63,874 Payments Insurance Statlonery Room hlre Food, etc. IT equipment Donatlons Chrlstmas mealslmeat vouchers Financlal Induslon prolett costs Sundrles 250 249 2,165 iii 6.301 1,353 156 100 1.805 6,301 1.451 1,103 100 1.805 28.431 398 134 500 29,775 13.616 1,057 397 Total payments 10.503 29,775 40,278 18,654 Extess of rttelpts over payments for th• y•ar 1682 8.078 10,760 45,220 Openln8 cash funds 36.454 28.331 64,785 19,565 Closln8 ¢ash lunds 39.136 36,409 7S,545 64,785 These financial statements have been prepared on a recelpts and payrnents basls. Page S

Cheadle & District Foodbank Statement of Assets and Liabilities at 31st December 2023 Unrestrirted Restricted Funds Funds 2023 2023 Total Funds 2023 Total Funds 2022 Cash funds Cash at bank Cash in hond 38.796 340 36.409 75,205 340 64,311 474 Total cash funds 39.136 36,409 75,545 64,785 Llabllltles Trade creditors 1.972 1,972 1,805 Approved by the Board of Trustees on........ and signed on its behalf bv Page 6