## **FULL CIRCLE FOOD PROJECT**
**REPORT AND FINANCIAL STATEMENTS For the year ended 31 July 2025**
**Charity Number 1158829**
**FULL CIRCLE FOOD PROJECT**
## **ANNUAL REPORT AND FINANCIAL STATEMENTS**
For the year ended 31 July 2025
|**Contents**|**Page**|
|---|---|
|Trustees annual report|1 to 6|
|Independent examiners report|7|
|Statement of Financial Activities (including|8|
|income and expenditure account)||
|Balance sheet|9|
|Notes to the financial statements|10 to 19|
## **FULL CIRCLE FOOD PROJECT TRUSTEES ANNUAL REPORT**
For the year ended 31 July 2025
The trustees are pleased to present their annual trustees’ report together with the financial statements of the charity for the year ended 31 July 2025.
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).
## **1. Objects**
## **The Charity’s Objects (“the object”) are.**
(1) to preserve and protect good health for the public benefit through providing information and advice in relation to healthy eating and nutrition and the importance of a healthy diet. (2) to advance the education of the public in all aspects of healthy eating, growing food to eat and nutrition and the importance of a healthy diet, including the planning and preparing of healthy meals. (3) such other charitable purposes for the public benefit as are exclusively charitable according to the laws of England and Wales as the trustees may from time to time determine.
## **2. Objectives and Activities**
The objectives of the Charity are:
1. Providing comprehensive food education programmes that teach individuals of all ages about the importance of nutrition, cooking techniques, and the impact of food choices on health and the environment.
2. Equipping individuals with practical skills to grow their own food through community gardens, supporting local allotments, and promoting sustainable food production.
3. Creating social connections to foster a sense of community and collaboration by organising cooking classes, workshops, and events that bring people together to share knowledge, experiences and celebrations around food.
4. Implementing initiatives to reduce food waste by educating on proper storage, meal planning, and creative use of leftovers.
5. Developing initiatives to reduce food poverty and act as advocates for policies that promote food security, equitable access to healthy food, and sustainability in food systems.
## **Objectives, strategies and activities for the year**
Our vision for Full Circle Food Project is to empower individuals and communities to thrive with the knowledge and skills to cultivate a healthy, sustainable lifestyle. We will achieve this through education, hands-on cooking experiences, urban gardening initiatives, and practical strategies to minimise food waste. We aspire to create a future where everyone has access to nutritious food, understands its value, and embraces sustainable, healthy lifestyle and wellbeing practices.
We have an annual income of £313,685 and make an operating surplus of £68,553, attributable to unrestricted funding. We will employ seven people, mainly engaged in direct delivery programmes, with an appropriate level of administrative support. We have engaged in apprenticeship and volunteering programmes, which have added value to our service over the past 12 months.
Core Activities:
1. We have increased the quality, quantity and range of our core programme for regular and new beneficiaries.
2. We have increased the number and range of beneficiaries accessing our core programme.
1
3. We have provided quality learning and support for an appropriate and diverse range of volunteers
4. We continue to engage in an apprenticeship programme, having recruited an apprentice into the role of Marketing and Communications Officer which has helped us grow the capacity within the organisation and helped us build stronger relationships within our communities.
5. We have continued to strengthen our impact measurement framework, introducing demographic data collection to better understand who we reach and ensure our programmes are inclusive, effective, and evidence based. This approach enables us to track progress, demonstrate outcomes, and guide future strategic development.
6. We have maintained and built upon our extended range of effective collaborative networks.
7. We have promoted and celebrated our achievements with our stakeholders, highlighting the impact our contribution has made.
8. We have drawn on technological expertise, skills and knowledge to build our organisation’s profile, image and reputation.
9. We have developed a financial sustainability plan and aligned policies
10. We have ensured that our staff and Board of Trustees are fully supported in the pursuit of their roles on behalf of Full Circle Food Project.
## **2. Public benefit statement**
The trustees understand the implications of the Charities Act 2006, which states that charities must demonstrate they are established for Public Benefit. The trustees believe that the charity meets the key principles of the guidance issued by the Charity Commission about Public Benefit.
## **3. Contribution by Volunteers**
We had 20 volunteers in this financial year who have played a crucial role in enhancing the delivery of our services across the different projects. We have been able to deliver more supported activities with the aid of volunteers.
## **4. Achievements and Performance**
Full Circle Food Project has worked hard to maintain and expand our services over the past year. We have engaged with over 4078 people and delivered over 250 interactions. All interactions were designed to invite a healthier lifestyle with a holistic view of health encompassing physical, emotional and social wellbeing while recognising the health inequality and challenges caused by deprivation and poverty. Working with partners, we have been able to establish specific programmes to meet local needs, particularly supporting the mental health recovery of those individuals who are negatively impacted by isolation. Poverty remains a key issue for our community.
**----- Start of picture text -----**
Activities Total Total
sessions Participants
Gardening 102 73
Weekly sessions, Workshops, and partnership events
Cookery Classes and Courses 58 560
School holiday and after-school children’s sessions, ‘Fake it and Make it’
courses, one-off workshops, outreach sessions
Social Food Events 18 398
Afternoon teas, school holiday family days, craft groups, community celebrations
Outdoor Education 4 45
Outreach at local schools, on-site afterschool clubs, school holiday activities and
educational trips
Weekly Groups 32 158
Man Friday, Crafty Lunch, wellbeing groups with various target audiences
External Engagement 36 2844
Community fairs, open days, consultation events, partnership events
250 4078
**----- End of picture text -----**
2
## **Highlights of the Financial Year:**
- **Energy Outreach Project:**
- Delivered innovative sessions combining food education, cooking, and home energy-saving guidance to over 250 people across South east Northumberland.
- Recognised with the ‘Best Response to Climate Emergency’ award at the LOVE Northumberland Awards.
- **New Course Development**
- Introduced a Christmas Series featuring cake making and decoration, healthy festive snacks, and creative use of leftovers.
- Launched a popular Air Fryer Course, promoting healthy and energy-efficient cooking.
- **Community Outreach:**
- Delivered interactive cooking sessions at Bernicia sheltered accommodations across South East Northumberland, with residents enjoying learning dishes such as pizza and quiche.
- Ran after-school cooking and food education sessions at local Family Hubs and at our base at _The Growing Zone._
- **Food Education and Local Food Awareness:**
- Organised educational trips to local Northumberland Farms, helping participants understand where their food comes from and reinforcing the farm-to-fork **message.**
- **Partnerships and Collaboration:**
- Formed a new partnership with Seed Social to share seeds across the North East, supporting the continuation of the Heritage Seed Library.
- **Community Lunches and Cultural Integration:**
- Hosted monthly community lunches celebrating cultural diversity, fostering integration, and connecting people seeking asylum through shared cooking experiences.
- Installed new hot composting bins, producing rich compost for the garden, staff attended a Master Composting Course to enhance sustainability practices.
- **Tackling Food Poverty:**
- Continued to provide nutritious meals for the community, producing over 2,500 meals throughout the year.
## **5. Financial review**
The Trustees report a surplus for this financial year, but they continue to monitor the finance of the organisation on a regular basis and seek to improve the charities’ free reserves.
## **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 an income of £313,685 (2024: £217,192) of which £223,105 was restricted (2024: £25,581) and an expenditure of £245,132 (2024: £198,830) of which £204,734 was restricted (2024: £71,123). There was an operating surplus of £68,553 (2024: £18,362) of which a surplus of £83,300 was restricted (2024: a deficit of £45,542).
At 31 July 2025 the Charity had net assets of £281,026 (2024: £212,473) of which £135,937 was restricted (2024: £52,637).
## **Reserves policy/Going concern**
The Trustees consider the current level of reserves, £145,089 (2024: £159,836), to be prudent and appropriate for the Charity at this time. This level takes into account the potential liabilities that could arise should the Charity cease operations.
In line with the Charity’s Reserves Policy, the Trustees have agreed to maintain reserves equivalent to three months’ running costs to ensure financial stability and continuity of activities in the event of unforeseen circumstances. The Reserves Policy is reviewed annually to ensure it remains appropriate to the Charity’s operational needs and financial position.
3
## 6. **Plans for future periods**
Full Circle Food Project commits to making a lasting change to the lives of people in local communities with a strategy to develop and grow on a wider basis with more formal aims and outcomes. This year, we began analysing local demographics to identify gaps in provision and inform the development of more targeted programmes. The first stage, initiated during this financial year, focused on establishing new community partnerships to enable greater outreach delivery. Through these partnerships, we have been able to engage with beneficiaries within their own communities, helping to build confidence and encourage participation in further sessions at The Growing Zone.
## **Priorities for the Year Ahead**
- Strengthen collaboration with local partners to deliver a diverse programme of community-focused activities.
- Expand both adult and children’s cooking classes, with a particular focus on growing our outreach programme.
- Increase our community garden provision through enhanced growing spaces, community gardening sessions, and expanded outreach activities to engage more people in sustainable food production.
- Expand volunteer opportunities and empower volunteers through clearly defined roles, enhanced training and support and the implementation of a new Volunteer Strategy to support development and recognition.
- Strengthen our impact measurement by introducing a Theory of Change framework.
## **7. Reference and administrative details of the charity, its trustees and advisors**
**Registered charity name** Full Circle Food Project **Charity number** 1158829 **Registered office** The Growing Zone Hirst Park Ashington NE63 9BA T **rustees and Members of the Board** Mr Joe Jackson Mr Paul Kirkpatrick (resigned on 23.10.2024) Mrs Claire Yates Mrs Lynda Sale (resigned on 23.10.2024 Mr Kris Lord Mrs Anne Lyall (appointed on 23.10.2024) Mrs Carla Thompson (appointed on 23.10.2024) Mrs Jennifer Johnson (appointed on 23.10.2024) Ms Angela Davis (appointed on 23.10.2024)
**Chief Executive and Senior staff members** Michelle Brannigan CEO **Independent Examiner** Doug Maltman FMAAT Connected Voice Business Services One Strawberry Lane Newcastle upon Tyne. NE1 4BX. **Bankers** Unity Trust PLC 9 Brindley Place Birmingham B1 2HB
4
## **8. Exemptions from disclosures**
The charity has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102: the Financial Reporting Standard applicable to the UK and the Republic of Ireland: • The Requirement of Section 7: Statement of Cash Flows
## **9. Structure, governance and management**
The project became an unincorporated registered charity on 10 October 2014. The day-to-day management of the Charity is overseen by the Chief Executive Officer (CEO), ensuring effective operational delivery and alignment with strategic objectives. The Trustees hold regular board meetings and maintain frequent communication with staff to provide oversight, guidance, and ensure the Charity continues to operate in line with its mission and values.
During the financial year, a new constitution was created and formally approved by the Charity Commission. This updated governing document strengthens the organisation’s governance framework, ensuring it reflects current best practice, complies with charity law, and supports the Charity’s future development and strategic growth. The revised constitution provides greater clarity on the roles and responsibilities of Trustees, improved decision-making processes, and enhanced flexibility to adapt to the changing needs of the community.
## **Board Induction and Training**
New Board Members are introduced to the work of the organisation and informed of their legal roles and responsibilities at an induction meeting. The induction and training programme for new Board Members includes:
- A briefing by the CEO
- An explanation of roles and responsibilities as a Board Member
- Copies of the main charity documents, including the Charity Constitution and the Financial Statements
- Copy of the Strategy and business plan and the most recent annual report
- Copies of recent board papers including budgets and management accounts
- A copy of the Charity Commission publication "How to be an Effective Trustee."
- A welcome Trustee Pack
## **10. Related parties**
No related parties.
5
## **11. Statement of Trustee Responsibilities**
The Trustees are responsible for preparing the Trustees’ Annual Report and the Financial Statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Charity SORP requires the Trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charity and of incoming resources and application of resources, including the receipts and payments of the charity for that year. In preparing those financial statements, the Trustees are required to:
- select suitable accounting policies and apply them consistently.
- observe the methods and principles in the Charities SORP.
- make judgements and estimates that are reasonable and prudent.
- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements.
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The Trustees are responsible for keeping accounting records that disclose with reasonable accuracy at any time the financial position of the charity. 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.
Approved by the Trustees on 20.11.2025 and signed on their behalf by:
J Jackson
Chair
6
## **FULL CIRCLE FOOD PROJECT**
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES**
For the year ended 31 July 2025
I report on the financial statements of Full Circle Food Project for the year ended 31 July 2025, which are set out on pages 8 to 19.
## **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.
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:
- h examine the accounts under section 145 of the Charities Act,
- h to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act), and
- h to state whether particular matters have come to my attention.
## **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:
- h the accounting records were not kept in accordance with section 130 of the Charities Act; or
- h the accounts did not accord with the accounting records; or
- h the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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: 20.11.2025
7
## **FULL CIRCLE FOOD PROJECT**
## **STATEMENT OF FINANCIAL ACTIVITIES**
For the year ended 31 July 2025
**----- Start of picture text -----**
Unrestricted Restricted Total Total
Funds Funds 2025 2024
£ £ £ £
Income from:
Donations and legacies 6 3,590 - 3,590 1,185
Charitable activities -
Grants and contracts 7 79,100 223,105 302,205 206,163
Other trading activities 8 7,890 - 7,890 9,844
Total income 90,580 223,105 313,685 217,192
Expenditure on:
Charitable activities
Operation of the charity 9 40,398 204,734 245,132 198,830
Total expenditure 40,398 204,734 245,132 198,830
Net income/(expenditure) 50,182 18,371 68,553 18,362
Transfers between funds ( 64,929 ) 64,929 - -
Net income/(expenditure) and net
( 14,747 ) 83,300 68,553 18,362
movement of funds
Reconciliation of funds
Total funds brought forward 159,836 52,637 212,473 194,111
Total funds carried forward 145,089 135,937 281,026 212,473
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 10 to 19 form an integral part of these accounts.
8
Charity Number 1158829
## **FULL CIRCLE FOOD PROJECT**
## **BALANCE SHEET**
As at 31 July 2025
|**Fixed assets**
Tangible assets
16
**_Total fixed assets_**
**Current assets**
Debtors
17
Cash at bank and in hand
18
**_Total current assets_**
**Creditors:**amounts falling due within
one year
19
**_Net current assets_**
**_Total net assets or liabilities_**
**Funds of the charity**
Unrestricted income funds
Restricted income funds
**_Total funds_**
Notes|**£**
1,368
278,135
**279,503**
**( 13,033 )**|**Total**
**2025**
**£**
14,557
**14,557**
**266,469**
**281,026**
145,089
135,937
**281,026**|**£**
2,871
200,810
**203,681**
**( 6,993 )**|**Total**
**2024**
**£**
15,785
**15,785**
**196,688**
**212,473**
159,836
52,637
**212,473**|
|---|---|---|---|---|
The notes on pages 10 to 19 form an integral part of these accounts.
These financial statements were approved by the Board on:
20.11.2025
and are signed on its behalf by: J Jackson Chair
9
## **FULL CIRCLE FOOD PROJECT**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 July 2025
## 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.
Full Circle Food Project 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 £145,089 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.
10
## **FULL CIRCLE FOOD PROJECT NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 July 2025
## 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.
11
## **FULL CIRCLE FOOD PROJECT**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 July 2025
## 5 **Assets**
## 5.1 **Tangible fixed assets for use by the charity**
Individual fixed assets costing £300 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 assets:
Vehicles 50% Straight line Fixtures Straight line over life of asset Equipment Straight line over life of asset
12
## **FULL CIRCLE FOOD PROJECT**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 July 2025
|**Analysis of income**
6
**Donations and legacies**
7
**Charitable activities**
Income from grants
8
**Other trading activities**
Sales and workshops
Other
Tudor Trust
National Lottery Fund RC North East and
Cumbria Region
Northumberland County Council - Covid and
Foodbank
Kitchen refurbishment
Henry Smith Charity
Citizens Advice EOP
Accelerate Ashington
Ashington Town Council
Donations and gifts
Northumberland County Council
Northumberland County Council - Conservatory
refurbishment
ASDA Foundation
Pargiter Trust
Household Support Fund
Postcode Lottery
Mayors Opportunity Fund
Clothworkers Fund
Natural England|Unrestricted
Funds
£
3,590
3,590
-
-
-
-
-
30,000
-
-
-
-
40,000
-
-
-
9,100
-
-
79,100
Unrestricted
Funds
£
7,091
799
7,890|Restricted
Funds
£
-
-
-
89,897
-
1,449
90,000
-
-
-
-
14,800
-
8,510
6,500
4,999
-
4,200
2,750
223,105
Restricted
Funds
£
-
-
-|**Total**
**2025**
**£**
**3,590**
**3,590**
**-**
**89,897**
**-**
**1,449**
**90,000**
**30,000**
**-**
**-**
**-**
**14,800**
**40,000**
**8,510**
**6,500**
**4,999**
**9,100**
**4,200**
**2,750**
**302,205**
**Total**
**2025**
**£**
**7,091**
**799**
**7,890**|Total
2024
£
1,185
1,185
2,000
89,897
6,361
1,000
60,000
30,000
685
6,300
9,920
-
-
-
-
-
-
-
-
206,163
Total
2024
£
6,520
3,324
9,844|
|---|---|---|---|---|
Income was £313,685 (2024: £217,192) of which £90,580 was unrestricted or designated (2024: £191,611) and £223,105 was restricted (2024: £25,581)
13
## **FULL CIRCLE FOOD PROJECT**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 July 2025
## **Analysis of expenditure on charitable activities**
|9|**_Charitable activities_**
Direct costs
Support costs
Governance costs
Administration
Insurance
Volunteer expenses
Staff salaries
Staff - Other expenses
Independent examiner's fees for reporting on
the accounts
Bank Charges
Project running costs
Depreciation
Payroll fees|Unrestricted
Funds
£
23,468
1,330
7,251
-
822
-
186
122
6,679
540
40,398|Restricted
Funds
£
158,220
1,850
40,490
1,755
19
2,287
-
113
-
-
204,734|**Total**
**2025**
**£**
**181,688**
**3,180**
**47,741**
**1,755**
**841**
**2,287**
**186**
**235**
**6,679**
**540**
**245,132**|Total
2024
£
140,660
-
50,067
953
1,055
1,092
154
368
4,001
480
198,830|
|---|---|---|---|---|---|
Expenditure on charitable activities was £245,132 (2024: £198,830) of which £40,398 was unrestricted or designated (2024: £127,707) and £204,734 was restricted (2024: £71,123)
## 10 **Fees for examination of the accounts**
|11
Independent examiner's fees for reporting on the accounts
**Analysis of staff costs and the cost of key management personnel**
Salaries and wages
Social security costs
Other fees paid to the examiner - Payroll
Pension costs (defined contribution pension plan)|**2025**
**£**
**540**
**-**
**540**
**2025**
**£**
**159,091**
**10,952**
**11,645**
**181,688**|2024
£
480
368
848
2024
£
127,211
2,156
11,293
140,660|
|---|---|---|
No employee received remuneration above £60,000 (2024: nil)
The key management personnel of the charity, comprise the trustees and the management team . The total employee benefits of the key management personnel of the charity were £38,825 (2024: £9,925).
14
## **FULL CIRCLE FOOD PROJECT**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 July 2025
## 12 **Staff numbers**
The head count was 7 staff (2024: 9 staff).
## 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 £11,645 (2024: £11,293). There was £0 outstanding as at 31 July 2025 (2024: £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.
|16 **Fixed assets**
**Cost**
Balance brought forward
Additions
Disposals
**Balance carried forward**
**Depreciation**
Basis
Balance brought forward
Depreciation charge for year
Disposals
**Balance carried forward**
**Net book value**
**Brought forward**
**Carried forward**|**Vehicles**
**£**
3,310
-
-
3,310
SL
1,655
1,655
-
3,310
1,655
-|**Fixtures**
**£**
992
840
-
1,832
SL
83
750
-
833
909
999|**Equipment**
**£**
17,323
4,611
-
21,934
SL
4,102
4,274
-
8,376
13,221
13,558|**Total**
**£**
**21,625**
**5,451**
**-**
**27,076**
**5,840**
**6,679**
**-**
**12,519**
**15,785**
**14,557**|
|---|---|---|---|---|
15
## **FULL CIRCLE FOOD PROJECT**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 July 2025
## 17 **Debtors and prepayments (receivable within 1 year)**
|18
**Cash at bank and in hand**
Other debtors
Paypal account|**2025**
**£**
**-**
**1,368**
**1,368**|2024
£
1,061
1,810
2,871|
|---|---|---|
|Cash at Bank
Cash in hand
19
Independent examination of accounts
Accruals
Credit card account
Other creditors
**Creditors and accruals (payable within 1 year)**|**2025**
**£**
**277,821**
**314**
**278,135**
**2025**
**£**
**468**
**270**
**12,295**
**13,033**|2024
£
200,686
124
200,810
2024
£
-
480
6,513
6,993|
|---|---|---|
## 20 **Events after the end of the reporting period**
No other significant events affecting the Company since the year end.
## 21 **Analysis of charitable funds**
## **Analysis of movements in unrestricted funds As at 31 July 2025**
|**Unrestricted funds**
General unrestricted fund
Designated funds
Contingency
Capital
**_Totals_**|**Fund**
**balances**
**brought**
**forward**
£
153,236
6,600
-
159,836|**Incoming**
**resources**
£
90,580
-
-
90,580|**Resources**
**expended**
£
( 38,595 )
-
( 1,803 )
( 40,398 )|**Transfers**
£
( 71,590 )
-
6,661
( 64,929 )|**Fund**
**balances**
**carried**
**forward**
**£**
**133,631**
**6,600**
**4,858**
**145,089**|
|---|---|---|---|---|---|
## **Purpose of unrestricted funds**
General unrestricted fund The 'free reserves' of the charity Designated - Contingency Funds to cover unexpected costs. Designated - Capital Funds to cover depreciation costs.
16
## **FULL CIRCLE FOOD PROJECT**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 July 2025
## **Analysis of movement in restricted funds**
## **As at 31 July 2025**
|**Restricted funds**
Adult Cooking
Apple Tree Fund
Community Meals
Ernest Cook
Greggs Foundation
High Sheriff's Award
Kitchen refurbishment
Clothworkers Fund
Pargiter Trust
National Lottery Community Fund -
RC North East and Cumbria
Region
Henry Smith Charity
Mayors Opportunity Fund
Natural England
Accelerate Ashington
ASDA Foundation
Ashington Town Council
**_Totals_**|**Fund**
**balances**
**brought**
**forward**
£
3,944
5,059
19,272
6,168
9,871
850
3,039
486
3,948
-
-
-
-
-
-
-
52,637|**Incoming**
**resources**
£
-
-
14,800
-
-
-
1,449
6,500
-
89,897
90,000
8,510
4,999
4,200
2,750
-
223,105|**Resources**
**expended**
£
-
-
( 15,078 )
( 2,731 )
-
-
( 906 )
( 1,848 )
( 370 )
( 99,726 )
( 76,573 )
( 173 )
( 3,129 )
( 4,200 )
-
-
( 204,734 )|**Transfers**
£
( 3,944 )
( 5,059 )
( 2,000 )
( 3,437 )
( 9,871 )
( 850 )
( 2,613 )
( 4,048 )
-
48,178
46,573
-
-
-
-
2,000
64,929|**Fund**
**balances**
**carried**
**forward**
**£**
**-**
**-**
**16,994**
**-**
**-**
**-**
**969**
**1,090**
**3,578**
**38,349**
**60,000**
**8,337**
**1,870**
**-**
**2,750**
**2,000**
**135,937**|
|---|---|---|---|---|---|
**Purpose of restricted funds** Restricted funds represent income Adult Cooking Apple Tree Fund Community Meals
Ernest Cook
Greggs Foundation High Sheriff's Award
Kitchen refurbishment
Clothworkers Fund Pargiter Trust National Lottery Community Fund - RC North East and Cumbria Region Henry Smith Charity
Mayors Opportunity Fund Natural England Accelerate Ashington ASDA Foundation
Relates to a core element of activity teaching adults to cook and budget. Supports generalised equipment costs and small elements of staffing cpsts. Relates to specific support given to a partnership with local foodbank and for additional support of Council poverty activity during the Covid epedemic. Relates to a specific Officer dedicated to using the project and the facilities for educational processes with local schools. Looking at environmental issues of growing plants and making best use of produce. Relates to funds that supported some staffing costs, equipment costs. Relates to a fund without specific designation, but was used towards support new IT delivery systems and equipment. Relates to the provision and upkeep of the training kitchen where most of the Project activity is based.
Funds to refurbish the conservatory building. Funds to combat social isolation in over 65s.
Improve mental and Physical wellbeing of Ashington residents and help them feel more connected to their community.
Strengthening Communities grant programme to reduce social and economic disadvantage. To pay for Cookery Project Coordinators. Increase participants sense of community, deliver 10 community led events. Green Community Hub in Ashington.
Towards a new website
Improve The Growing Zone, particularly the Sensory Garden.
17
## **FULL CIRCLE FOOD PROJECT**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 July 2025
## **Purpose of restricted funds (continued)**
|Ashington Town Council
Towards activity costs.
**Transfers between funds**
**As at 31 July 2025**
**Reason for transfer**
Between Community Meals and
ashington Town Council
Between unrestricted and National
Lottery Community Fund - RC
North East and Cumbria Region
Between unrestricted and Henry
Smith Charity
Between unrestricted and Ernest
Cook Fund
Between unrestricted and Adult
Cooking
Between unrestricted and Apple
Tree Fund
Between unrestricted and Greggs
Foundation
Between unrestricted and High
Sheriff's Award
Between designated and Ernest
Cook Fund
Between designated and Kitchen
refurbishment
Funds incorrectly listed as unrestricted funds.
Fund completed and balance moved to unrestricted funds.
Funds for the purchase of capital.
Fund completed and balance moved to unrestricted funds.
Fund completed and balance moved to unrestricted funds.
Fund completed and balance moved to unrestricted funds.
Fund completed and balance moved to unrestricted funds.
Funds for the purchase of capital.
Funds incorrectly listed as unrestricted funds.
Funds incorrectly allocated to Community Meals.|**Amount**
**£**
**2,000**
**48,178**
**46,573**
**3,437**
**3,944**
**5,059**
**9,871**
**850**
**4,048**
**2,613**|
|---|---|
## 23 **Capital commitments**
As at 31 July 2025, the charity had no capital commitments (2024 -£nil)
|24
Other net current assets/(liabilities)
Cash at bank and in hand
**Analysis of net assets between funds**
Tangible fixed assets|Unrestricted
Funds
£
14,557
142,198
( 11,665 )
145,089|Restricted
Funds
£
-
135,937
-
135,937|**Total**
**2025**
**£**
**14,557**
**278,135**
**( 11,665 )**
**281,026**|Total
2024
£
15,785
200,810
( 4,122 )
212,473|
|---|---|---|---|---|
## 25 **Guarantee**
There have been no guarantees given by the charity at 31 July 2025.
## 26 **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 31 July 2025.
18
## **FULL CIRCLE FOOD PROJECT**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 July 2025
## 27 **Governing document**
The organisation is a Charitable Organisation - Foundation registered on 10 October 2014 as a body corporate under part 11 of the Charities Act 2022.
19