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← Manchester Central Foodbank

2024-06-30-accounts

MANCHESTER CENTRAL FOODBANK

REPORT AND FINANCIAL STATEMENTS For the year ended 30 June 2024

Charity Number 1157605

MANCHESTER CENTRAL FOODBANK

ANNUAL REPORT AND FINANCIAL STATEMENTS

For the year ended 30 June 2024

Contents Page
Trustees annual report 1 to 4
Independent examiners report 5
Statement of Financial Activities (including 6
income and expenditure account)
Balance sheet 7
Cash Flow Statement 8
Notes to the financial statements 9 to 17

Manchester Central Foodbank

Trustee Annual Report For the year ended 30 June 2024

The trustees are pleased to present their annual trustees’ report together with the financial statements of the charity for the year ended 30 June 2024.

The financial statements comply with the Charities Act 2022, the Memorandum and Articles of Association, and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective October 2019)

Reference and administrative information

Charity Name: Manchester Central Foodbank Charity Number: 1157605

Structure, governance and management

The Charity is a registered charity and is constituted under a trust deed dated 26[th] June 2014.

Trustees (at the date the report is approved)

Oonagh Collins Co-Chair resigned as co-chair in November 2024 Ronan Machin Co-Chair resigned November 2024 Shilpa Patel Temporary Treasurer William Howe Claire Harnett Rev Brendan Callaghan resigned December 2023 Charlotte Fenney Furqan Naeem Chair – Dec 2024 Rory Somerville Resigned December 2024 Conor McGurran Farhana Khan

joined February 2024

Principal Office

St Peters House (2023/24 office) Oxford Road Manchester M13 9GH

Trinity Methodist Church, Butler St, Ancoats, Manchester M4 7JE

Independent Examiners

Doug Maltman FMAAT Connected Voice Business Services One strawberry Lane Newcastle upon Tyne NE1 4BX

1

Bankers

Co-op Bank Balloon Street Manchester

Objectives and activities

The purposes of the charity are the relief of poverty in the Manchester Central area by:

The trustees confirm that they have referred to the Charity Commission’s guidance on public benefit when reviewing the Charity’s aims and objectives, in planning future activities, and setting the policies for the year.

Trustee Review of the Year

The financial year July 2023 - June 2024 brought new challenges that have given the foodbank fresh and ongoing impetus to deliver the support needed to our clients. The year was centred around the ongoing cost of living crisis, which created once again record demand for services.

Our community of donors gave us unprecedented support, allowing us to distribute approximately 5817 vouchers, equalling 81,227 kgs of food in 12 months in our standard foodbank parcels and routine operations. This supported 16648 people in Manchester experiencing financial and food insecurity, including 9430 adults and 7218 children.

We have had some changes in personnel throughout the year but retain a headcount of 8 members of staff and approximately 20 regular volunteers. We are seeking to grow our volunteer base over the next year with a wider variety of roles.

Plans for Future Periods

After a year of staff turn-over in key positions, as well as outstanding growth in demand, we will be spending the next year consolidating our position, size, and services. Our objectives for the forthcoming year will be to continue delivery of foodbank services to the communities we currently support. We recognise that during this time of continuous increase in cost of living, that our priorities firmly remain in delivery emergency food relief to our clients.

We remain committed to our campaigns Pathfinder programmes partnered with Trussell Trust. We are now entering into the final year of our 3-year partnership. As the projects and programmes of this partnership come to conclusion, our focus will be moving towards legacy impact and creating positive change in our communities that is sustained beyond the remit of direct funding in such projects such as Healthy Start Voucher benefit uptake campaign, Can You Hear Me Now? And Greater Manchester Equal Start. Network.

Some of the grant income is for foodbank partners within the 3-year partnership (separate legal entities). We have seen a 74% increase in operational costs year-on-year, largely due to the delivery of the campaigns Pathfinder programmes, increased food costs and increased staff costs.

2

Investment powers and policy

The trustees, having regard to the liquidity requirements of operating the charity, have kept available funds in a current account.

Review of the year

The results for the year and the charity's financial position at the end of the year are shown in the attached financial statements.

During the year the Charity had income of £582,894 (2023: £643,446) of which £365,391 was restricted (2023: £311,908) and expenditure of £609,071 (2023: £350,340), of which £374,215 was restricted (2023: £100,848). There was an operating deficit of £26,177 (2023: surplus of £293,106) of which a deficit of £8,824 was restricted (2023: surplus of £211,060).

As of 30 June 2024, the Charity had net assets of £550,791 (2023: £576,968) of which £241,363 was restricted (2023: £250,187).

Reserves policy and going concern

The balance held in total unrestricted reserves on 30th June 2024 was £309,428. Contained within this are designated funds of £160,795. Non-designated unrestricted reserves are £148,633 of which £144,937 are free reserves, after allowing for funds tied up in tangible fixed assets.

The trustees aim to maintain free reserves in unrestricted funds at a level which equates to approximately six months of unrestricted charitable expenditure. The trustees consider that this level will provide sufficient funds to respond to applications for grants and ensure that support and governance costs are covered.

The Charity's main source of income is grants and donations. The trustees consider that it I to prepare the accounts on a going concern basis and, consequently, the accounts do not include any adjustments that would be necessary if these sources of income should cease. There was a 26% decrease on donations compared to the previous year, due to a downwards donor trend in the charity sector due to cost-of-living issues. Also if there were any significant one-off donations in the previous year we could reference these as they will have skewed the year-on-year figures.

It should be noted that the variance in cash and cash equivalents from 2023 to 2024 is driven largely by a £61k funding decrease (donations) and operational expenses increasing (project cost increase of £201k and food expenditure increase of £55k).

Risk management

The trustees have conducted a review of the major risks to which the charity is exposed, and systems have been established to mitigate those risks.

Appointment of trustees

New trustees are appointed by existing trustees and serve for a minimum of 1 year and a maximum of 2 years after which they may put themselves forward for re-appointment. The Trust Deed provides for a minimum of 4 trustees, to a maximum of 14 trustees.

At the 6-weekly trustee meetings, the trustees agree on the broad strategy and areas of activity for the Charity, including investment, reserves and risk management policies and performance. The day-totoday administration of the Charity is delegated to the Project Manager.

3

Trustee induction and training

Once appointed new trustees receive a one-to-one induction with the Chair of Trustees or another suitable trustee. They are also given various documents (outlined in our constitution) to ensure that they fully understand their responsibilities and the current status of the charity. The board of trustees conducts periodic skills reviews to identify training needs of current trustees. Within our budget money is set aside for the purpose of training.

Trustees’ responsibilities in relation to the financial statements

The charity trustees are responsible for preparing a trustees' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, of the charity for that period. In preparing the financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provision of the Trust deed. They are also responsible for safeguarding the assets of the charity and taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by the trustees on 24/04/25 and signed on their behalf by:

F Naeem Chair Furqan (Apr 30, 2025 15:47 GMT+1)Furqan

4

MANCHESTER CENTRAL FOODBANK

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES

For the year ended 30 June 2024

I report on the financial statements of Manchester Central Foodbank for the year ended 30 June 2024, which are set out on pages 6 to 17.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2022 ("the Charities Act) and that an independent examination is needed.

The charity’s gross income exceeded £250,000 and I am qualified to undertake the examination by being a Fellow Member of the Association of Accounting Technicians.

Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

Basis of independent examiner's statement

My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, 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 examiner's statement

In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect:

I 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 accounts to be reached.

Doug Maltman FMAAT Fellow Member of the Association of Accountancy Technicians Connected Voice Business Services One Strawberry Lane Newcastle upon Tyne NE1 4BX Date: 30/04/2025

Douglas Maltman (Apr 30, 2025 15:59 GMT+1)

5

MANCHESTER CENTRAL FOODBANK

STATEMENT OF FINANCIAL ACTIVITIES

For the year ended 30 June 2024

----- Start of picture text -----
Unrestricted Restricted Total Total
Funds Funds 2024 2023
£ £ £ £
Income from:
Donations and legacies 6 209,073 - 209,073 282,799
Charitable activities -
Grants and contracts 7 2,747 365,391 368,138 348,628
Other trading activities 8 5,683 - 5,683 12,019
Total income 217,503 365,391 582,894 643,446
Expenditure on:
Charitable activities
Operation of the charity 9 234,856 374,215 609,071 350,340
Total expenditure 234,856 374,215 609,071 350,340
Net income/(expenditure) and net
( 17,353 ) ( 8,824 ) ( 26,177 ) 293,106
movement of funds
Reconciliation of funds
Total funds brought forward 326,781 250,187 576,968 283,862
Total funds carried forward 309,428 241,363 550,791 576,968
Notes
----- End of picture text -----

The Statement of Financial Activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities

The notes on pages 91 to 17 form an integral part of these accounts.

6

Charity Number 1157605

MANCHESTER CENTRAL FOODBANK

BALANCE SHEET

As at 30 June 2024

Fixed assets
Tangible assets
16
Total fixed assets
Current assets
Stock
17
Debtors
18
Cash at bank and in hand
19
Total current assets
Creditors:amounts falling due within
one year
20
Creditors:amounts falling due after
more than one year
21
Total net assets or liabilities
Funds of the charity
Unrestricted income funds
Restricted income funds
Total funds
Notes		 £
-
8,155
544,712
552,867
( 5,772 )
-		 Total
2024
£
3,696
3,696
547,095
550,791
309,428
241,363
550,791		 £
744
-
579,106
579,850
( 6,388 )
( 2,385 )		 Total
2023
£
5,891
5,891
571,077
576,968
326,781
250,187
576,968

The notes on pages 91 to 17 form an integral part of these accounts.

These financial statements were approved by the Board on:

30/04/2025

and are signed on its behalf by: F Naeem Furqan Furqan (Apr 30, 2025 15:47 GMT+1) Chair

7

Charity Number 1157605

MANCHESTER CENTRAL FOODBANK

STATEMENT OF CASH FLOWS

For the year ended 30 June 2024

----- Start of picture text -----
2024 2023
£ £
Cash flows from operating activities
Profit before taxation ( 26,177 ) 293,106
Add back:
Depreciation 2,195 2,195
Decrease/increase in stock 744 -
Decrease/increase in debtors ( 8,155 ) 1,036
Decrase/increase in creditors ( 3,001 ) 2,526
Cash generated from operations ( 34,394 ) 298,863
Cash flow from investing activities
- -
Purchase of property, plant and equipment
- -
Net cash used in investing activities
Decrease in cash and cash equivalents ( 34,394 ) 298,863
Cash and cash equivalents at start of year 579,106 280,243
Cash and cash equivalents at end of year 544,712 579,106
Notes
----- End of picture text -----

8

MANCHESTER CENTRAL FOODBANK

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 30 June 2024

1 Accounting Policies

The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

2 Basis of accounting

2.1 Basis of preparation

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

The accounts have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective October 2019) – Charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2022.

Manchester Central Foodbank meets the definition of a public benefit entity under FRS 102.

2.2 Preparation of the accounts on a going concern basis

The charity reported total unrestricted funds at the year end of £309,428 and has already secured a significant amount of funding for the current year. The trustees are of the view that the immediate future of the charity for the next 12 to 18 months is secure and that on this basis the charity is a going concern.

3 Income

3.1 Recognition of income

Income is recognised when the charity has entitlement to the resources, any performance conditions attached to the item(s) of income have been met, it is more likely than not that the resources will be received and the monetary value can be measured with sufficient reliability

3.2 Offsetting

There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by FRS102 SORP or FRS102.

3.3 Grants and donations

Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

Income received in advance of the provision of a specified service is deferred until the criteria of income recognition are met.

3.4 Volunteer help

The value of volunteer help received is not included in the accounts but is described in the trustees' annual report.

9

MANCHESTER CENTRAL FOODBANK NOTES TO THE FINANCIAL STATEMENTS

For the year ended 30 June 2024

3.5 Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.

3.6 Fund accounting

Unrestricted funds are available to spend on activities that further any of the purposes of the charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity's work or for specific projects being undertaken by the

4 Expenditure and liabilities

4.1 Liability recognition

Liabilities are recognised when it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.

4.2 Charitable activities

Expenditure on charitable activities includes the costs of work and other activities undertaken to further the purposes of the charity and their associated support costs.

4.3 Governance and support costs

Support costs have been allocated between governance cost and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources.

4.4 Irrecoverable VAT

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

4.5 Creditors

The charity has creditors which are measured at settlement amounts less any trade discounts.

4.6 Provisions for liabilities

A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date.

5 Assets

5.1 Tangible fixed assets for use by the charity

Individual fixed assets costing £1,000 or more are capitalised at cost and are depreciated over their estimated useful economic lives on a straight line basis, the charity does not currently have any tangible fixed

Warehouse 10% on cost Fixtures and Fittings 25% on cost

10

MANCHESTER CENTRAL FOODBANK

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 30 June 2024

Analysis of income

6
7
8		 Donations and legacies
Charitable activities
Income from grants
Holiday help
Manchester SoM
Lottery
Other trading activities
Re-imbursements of travel
Investment income
Fundraising
Other
Manchester Airport
Trusssel Trust - Financial inclusion
University of Manchester
The Hedley Trust
Trussell Trust
Manchester City Council
Donations and gifts
Trussell Trust - Pathfinder
Donations in kind
Innovate UK - UKRI
Vehicle hire help
Bridging The Gap		 Unrestricted
Funds
£
123,286
85,787
209,073
-
-
-
-
-
500
-
-
-
1,000
407
-
840
2,747
Unrestricted
Funds
£
4,471
-
-
1,212
5,683		 Restricted
Funds
£
-
-
-
105,803
189,466
-
-
25,082
-
-
10,040
-
-
-
35,000
-
365,391
Restricted
Funds
£
-
-
-
-
-		 Total
2024
£
123,286
85,787
209,073
105,803
189,466
-
-
25,082
500
-
10,040
-
1,000
407
35,000
840
368,138
Total
2024
£
4,471
-
-
1,212
5,683		 Total
2023
£
217,475
65,324
282,799
85,219
216,439
13,324
10,000
10,250
2,630
1,610
4,500
4,656
-
-
-
-
348,628
Total
2023
£
3,358
2,583
2,500
3,578
12,019

Income was £582,894 (2023: £643,446) of which £217,503 was unrestricted or designated (2023: £331,538) and £365,391 was restricted (2023: £311,908)

11

MANCHESTER CENTRAL FOODBANK

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 30 June 2024

Analysis of expenditure on charitable activities

9 Charitable activities
Direct costs
Support costs
Governance costs
Depreciation
Minor equipment
Insurance
Travel
Repairs and maintenance
IT and Telephone
Van hire costs
Pension Costs
Food
Other expenses
Independent examiner's fees for reporting on
the accounts
Venue hire
Staff salaries
Training
Printing, postage and stationery
Social security costs
Profesional fees
Motor expenses
Storage cost
Payroll fees
Project costs		 Unrestricted
Funds
£
64,320
3,369
7,625
4,219
135,279
-
2,166
943
705
1,499
663
7,168
734
471
-
1,194
-
1,336
2,195
346
624
234,856		 Restricted
Funds
£
101,970
-
-
234,973
29,179
-
-
-
-
-
127
2,709
5,154
-
-
-
-
-
-
103
-
374,215		 Total
2024
£
166,290
3,369
7,625
239,192
164,458
-
2,166
943
705
1,499
790
9,877
5,888
471
-
1,194
-
1,336
2,195
449
624
609,071		 Total
2023
£
156,150
3,257
7,196
37,411
109,119
646
1,797
578
-
1,068
213
9,675
658
-
410
395
2,442
5,135
2,195
11,395
600
350,340

Expenditure on charitable activities was £609,071 (2023: £350,340) of which £234,856 was unrestricted or designated (2023: £249,492) and £374,215 was restricted (2023: £100,848)

10 Fees for examination of the accounts

Independent examiner's fees for reporting on the accounts 2024
£
624
624		 2023
£
600
600

12

MANCHESTER CENTRAL FOODBANK

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 30 June 2024

11 Analysis of staff costs and the cost of key management personnel

Salaries and wages
Social security costs
Pension costs (defined contribution pension plan)		 2024
£
166,290
3,369
7,625
177,284		 2023
£
156,150
3,257
7,196
166,603

No employee received remuneration above £60,000 (2023: nil)

The key management personnel of the charity, comprise the trustees. The total employee benefits of the key management personnel of the charity were £nil (2022: £nil).

12 Staff numbers

The average monthly head count was 9 staff (2023: 9 staff) and the average monthly number of full-time equivalent employees during the year were as follows:

The parts of the charity in which the employees work
Charitable activities		 2024
Number
8.5
8.5		 2023
Number
8.5
8.5

13 Transactions with trustees

None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity.

Trustees' expenses

No trustee expenses have been incurred in the year.

Transaction(s) with related parties

There have been no related party transactions in the reporting period.

14 Defined contribution pension scheme

The charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund.

The employer's pension costs represent contributions payable by the charity to the fund and amount to £7,625 (2023: £7,196). There was £0 outstanding as at 30 June 2024 (2023: £0)

15 Corporation Taxation

The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objectives.

13

MANCHESTER CENTRAL FOODBANK

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 30 June 2024

16 Tangible fixed assets
Cost
Balance brought forward
Additions
Disposals
Balance carried forward
Depreciation
Basis
Rate
Balance brought forward
Depreciation charge for year
Disposals
Balance carried forward
Net book value
Brought forward
Carried forward
17 Stock
18 Debtors and prepayments (receivable within 1 year)
19
Cash at bank
Savings account
Cash in hand
Service user travel cards
Debtors
Cash at bank and in hand		 Warehouse
£
20,108
-
-
20,108
SL
10%
14,581
2,012
-
16,593
5,527
3,515
2024
£
-
-
2024
£
8,155
8,155
2024
£
480,563
64,123
26
544,712		 Fixtures
and
fittings
£
1,587
-
-
1,587
SL
25%
1,223
183
-
1,406
364
181
2023
£
744
744
2023
£
-
-
2023
£
514,983
64,123
-
579,106		 Total
£
21,695
-
-
21,695
15,804
2,195
-
17,999
5,891
3,696

14

MANCHESTER CENTRAL FOODBANK

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 30 June 2024

20 Creditors and accruals (payable within 1 year)

21
Other long term creditors
Creditors and accruals (payable after more than one year)
Other creditors
Accruals
Independent examination of accounts		 2024
£
1,224
4,548
5,772
2024
£
-
-		 2023
£
600
5,788
6,388
2023
£
2,385
2,385

22 Events after the end of the reporting period

No other significant events affecting the Company since the year end.

23 Analysis of charitable funds

Analysis of movements in unrestricted funds As at 30 June 2024

Unrestricted funds
General unrestricted fund
Designated funds
Contingency Fund
Totals		 Fund
balances
brought
forward
£
165,986
160,795
326,781		 Incoming
resources
£
217,503
-
217,503		 Resources
expended
£
( 234,856 )
-
( 234,856 )		 Transfers
£
-
-
-		 Fund
balances
carried
forward
£
148,633
160,795
309,428

Purpose of unrestricted funds

General unrestricted fund The 'free reserves' of the charity Designated - contingency fund Funds to cover the core running costs of the charity.

15

MANCHESTER CENTRAL FOODBANK

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 30 June 2024

Analysis of movement in restricted funds

As at 30 June 2024

Restricted funds
Trussell Trust - Pathfinder
ASDA
Trussel Trust - Financial Inclusion
UKRI
Morrisons
Lottery
Manchester Guardian Society
Totals		 Fund
balances
brought
forward
£
34,860
2,958
205,670
6,699
-
-
-
250,187		 Incoming
resources
£
105,803
-
189,466
25,082
8,040
35,000
2,000
365,391		 Resources
expended
£
( 89,615 )
( 2,958 )
( 206,821 )
( 31,781 )
( 8,040 )
( 35,000 )
-
( 374,215 )		 Transfers
£
-
-
-
-
-
-		 Fund
balances
carried
forward
£
51,048
-
188,315
-
-
-
2,000
241,363

Purpose of restricted funds

Restricted funds represent income

Trussell Trust - EW&L Funds for Eat Well Spend Less Project.

ASDA Setting up a second distribution site in North Manchester. Trussel Trust - Financial Inclusion Funds for Financial Inclusion project. UKRI Funds for UKRI project.

Morrisons Funds for Summer Holiday Help Project. Lottery Funds towards increased provision due to cost of living. Manchester Guardian Society Funds for Summer Holiday Help Project.

24 Capital commitments

As at 30 June 2024, the charity had no capital commitments (2023 -£nil)

25

Analysis of net assets between funds
Tangible fixed assets
Other net current assets/(liabilities)
Cash at bank		 Unrestricted
Funds
£
3,696
303,349
2,383
309,428		 Restricted
Funds
£
-
241,363
-
241,363		 Total
2024
£
3,696
544,712
2,383
550,791		 Total
2023
£
5,891
579,106
( 8,029 )
576,968

26

Guarantee

There have been no guarantees given by the charity at 30 June 2024.

16

MANCHESTER CENTRAL FOODBANK

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 30 June 2024

27

Debt

There is no debt outstanding which is owed by the charity and which is secured by an excess charge on any of the assets of the charity at 30 June 2024.

28

Governing document

The organisation is a Charitable Incorporated Organisation - Foundation registered on 26 June 2014 & as a body corporate under part 11 of the Charities Act 2022.

17

2025-04-30

MCF accounts 23-24 Signed

Final Audit Report

Created: 2025-04-30 By: Douglas Maltman (douglas.maltman@connectedvoice.org.uk) Status: Signed Transaction ID: CBJCHBCAABAAvkY1dZwJrdK2cPV_hEHt1yNGUORFQjvw

"MCF accounts 23-24 Signed" History

2025-04-30 - 8:00:06 AM GMT

Agreement completed.

2025-04-30 - 2:59:50 PM GMT