LEDBURY FOOD BANK
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2020
The trustees present their report with the financial statement of the charity for the year ended 31 October 2020.
REFERENCE AND ADMINISTRATION DETAILS
Registered Charity number
1159727
Address
Ledbury Group Ministry Office The Rectory Worcester Road Ledbury Herefordshire HR8 1PL
Trustees
Keith Hilton-Turvey Chairman Jonathan Andrew Stuart Blows resigned 27 November 2019 Richard Brooks appointed 15 January 2020 Peter Clark resigned 13 November 2019 Maria Dineen appointed 27 November 2019 Keith Francis resigned 27 November 2019 Helen l’Anson appointed 15 January 2020 John Leahy Andrew Manns appointed 27 November 2019 Selina Marcon Nicholas Morris appointed 27 November 2019 Christabel Panter Richard Pett Phillip Warrey Elizabeth Wreford
Independent Examiner
Luke Keegan Greendawn Accounting Ltd 1A The Homend Ledbury Herefordshire HR8 1BN
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a Trust Deed dated 4 December 2014, and constitutes an unincorporated charity.
Organisational structure
The Trust Deed provides for twelve trustees and allows it to co-opt up to two additional trustees who have skills necessary for the effective administration of the charity.
OBJECTIVES AND ACTIVITIES
Charity Commission guidance requires the charity to confirm that it has complied with the requirement that its activities further its charitable purposes for the public benefit. This is achieved by the charity continuing to operate in accordance with its objects as stated in the Trust Deed: to relieve financial hardship primarily among but not limited to people living or working in Ledbury, mainly by providing such persons with food which they could not otherwise afford through lack of means.
The charity seeks to fulfil its objects principally by operating food banks at St Katherine’s Hall Ledbury and at Bosbury.
The trustees gladly acknowledge the work of the many volunteers, without whom the charity could not function. They also acknowledge the support from the local community both in goods donated and financial contributions made.
ACHIEVEMENT AND PERFORMANCE
The food bank has, together with the whole of the country, experienced unprecedented challenges in the last year as a result of the pandemic. Notwithstanding many changes in personnel and a significant increase in demand for our services those involved have risen to those challenges and provided much needed provisions to the most vulnerable in our community.
The number of visits to the food bank increased from 1017 to 1350 (almost 33%) and the number of individual food parcels provided over the period was 3505 an increase of 19% on the previous year. The need for a food bank in Ledbury is undeniable.
Fresh and pre-packaged food together with many other items necessary for daily living are provided to clients. We have had to adapt our procedures to maintain social distancing rules and this has been achieved through the efforts of our dedicated volunteers. We have also been able to maintain our ability to assist those of our clients with complex needs with other issues albeit that this is now done remotely.
The satellite outlet at Bosbury has operated throughout the year and the results are currently being evaluated with a view to maintaining this as a permanent feature of our work.
FINANCIAL REVIEW
Reserves policy
Trustees believe that the General Account (an unrestricted fund) is adequate to meet all foreseeable expenditure. No restricted funds are currently held. No projects are undertaken without consideration of the likely funding needs.
In order to have sufficient funds for an orderly winding up of the charity if such a decision was made trustees believe that six months expenditure should be retained at all times. The charity currently has unrestricted reserves of over two and a half years expenditure.
Financial results for year
The charity had an excess of receipts over payments for the year ended 31 October 2020 of £40414. This exceptional result was principally due to the coronavirus pandemic which has produced a generous response for funds from members of the public and from local businesses, as well as substantial grants from public and private sources. Prior to the pandemic outbreak the food bank’s website had been updated and included a link to PayPal for donations. This resulted in a gross income during the year via PayPal of £16758, a substantial part of the increased donations received in the year.
The £40414 surplus has been added to reserves which amounted to £52581 at 31 October 2020. The food bank is actively considering how its operations can now be expanded; the ongoing impact on peoples’ lives that the pandemic will have remains uncertain but the charity is in a strong financial position to meet future requests for assistance.
ON BEHALF OF THE TRUSTEES
………….…………….Richard Pett Secretary
25 November 2020
LE D BU R Y FOO D BANK R egiste r e d Cha r ity No 1159727
(subject to in d epe
| R D M ECEIPTS AN PAY ENTS ACCOUNT 2019 R R D D R FO THE YEA EN E 31 OCTOBE 2020 r r r d d Gene al Account (Un est icte Fun ) RECEIPTS 7038 Donations d Gift Ai 5317 r Othe 1486 r d d Income tax efun on Gift Ai 60 r r d Bank inte est eceive 13901 M PAY ENTS 12407 d r Foo pu chases 16811 109 r Cooke y kits 0 200 Hall heating 250 20 R r oom hi e 0 588 Equipment 860 218 r d Statione y an telephone 232 539 r Info mation technology/website 236 261 r Insu ance 272 11 Maintenance 0 20 r Bank cha ges 344 14373 R R M EXCESS OF ECEIPTS OVE PAY ENTS -£472 M R R (2019 PAY ENTS OVE ECEIPTS) 2019 R ASSETS AT 31 OCTOBE 2020 4470 rr Bank cu ent account 7630 d COIF eposit account 67 d Cash in han £12,167 |
2020 16009 41110 2265 35 59419 19005 £40,414 |
2020 16009 41110 2265 35 59419 19005 |
2020 |
|---|---|---|---|
| 2020 9747 42665 169 £52,581 |
2020 |
J An dr ew Hon r T easu r e r D ate 25 Novembe r 2020
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CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examine5 Report Report to the trusteesl members of Ledbury Food Bank On accounts for the year ended 31st October 2020 Charity no (if any) 1159727 Set out on pages I report to Ihe trustees on my examination of the accounts of the above charity ('the Trust") for the year ended 3111012020. Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 {'the Acr). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examinalion, I have followed the applicable Direclions given by the Charity Commission under section 1495Mb) of the Act. I have completed my examination. I confirm that no material matters have come to my attention (other than that disclosed below ") in connection with the examination which gtves me cause to believe that in, any material respect: accounting records were not kept in accordan wilh section 130 of the Act or the accounts do not accord with the acwunting records Independent examiner's statement I have no cOnmS and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. Please delete the words in the brackets if they do not apply. Signed: Date: 9° June 2021 Name: Luke Keegan Relevant professional qualification(s) or body (if any): Associate Member, Chartered Institute of Management Accountants Address: Greendawn Accounting Limited 1A The Homend. Ledbury, Herefordshire, HR8 1BN IER October 2018