OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2023-10-31-accounts

Ledbury Food Bank

Annual report 2023

2023 has proved to be even more challenging than the previous year and has again been the busiest year in the history of the food bank.

Some statistics:

By the end of October 2023 we had exceeded the total number of visitors that we had in 2022. It is entirely possible that by the end of 2023 we shall exceed the total number of visitors for 2019,2020 and 2021 combined.

We are supporting approximately 150 different households every month. We have had more than 110 new households seek our support this year already and we have supported more than 300 households this year.

In 2021 we spent approximately £21,000 on food, in 2022 it was about £54,000 and in the year ended 31[st] October 2023 we spent more than £73,000.

Notwithstanding these figures we have managed to maintain our financial position.

The Lead Team have continued to innovate and develop our services.

We are working in partnership with Herefordshire Council as a Talk Community Hub and have had more than £50,000 in Household Support Fund grants which have been used to fund our two Citizens Advice workers for 12 months and to purchase supermarket vouchers to distribute to those in need. This funding is part of the Government’s support for the most deprived households.

The long lease of the second unit, adjacent to the food bank was completed earlier this year. We are developing the services that can be provided by other organisations from the unit. Turning Point (the local drugs and alcohol support charity), MIND, Ledbury Refugee Support and AgeUK are regular users of the unit. We are hoping to secure funding to improve the property and create a Super Hub through a grant from Herefordshire Council although this stream of funding is in doubt following a change in the administration at County Hall following May’s local elections. We shall look to other sources to realise this ambition if necessary.

The work of the food bank is made possible by the generosity of donors, personal, charitable and from local businesses. We are incredibly grateful for all of the support we receive in both financial and food donations.

Ledbury Food Bank is run entirely by volunteers. We have a team of approximately 80 people who help with our work. The increase in the volume of visitors, the nature of the work and the increasing stress that this can cause makes the work of volunteers ever more challenging. We are extremely fortunate to have such dedicated people working for us.

It is difficult to see that there will be a reduction in demand over the next year and this Winter could be even more challenging than last year. Inflation may be easing but that is of scant consolation to those on fixed incomes, particularly as the evidence suggests that food inflation is proving more difficult to reduce.

We shall continue to deliver our services in the best way we can and look to develop relationships with other organisations to support those who come to us for help.

20[th] November 2023

Ledbury Food Bank Statement of Financial Activities (Income & Expense)

November 1, 2022 to October 31, 2023 (compared to November 1, 2021 to October 31, 2022)

Income
Income and Endowments
Total Income
Expenses
Expenditure
Total Expenses
Net Resource Movement
Net Movement in Funds
Total Funds Brought Forward
Total Funds Carried Forward
Unrestricted
126,528
Restricted
85,242
Endowment Total
211,770
Prior Total
74,422
Difference
137,348
% Change
185%
126,528
111,889
85,242
49,298
0 211,770
161,187
74,422
91,689
137,348
69,498
185%
76%
111,889 49,298 0 161,187 91,689 69,498 76%
14,639 35,944 0 50,583 -17,267 67,850
14,639 35,944 0 50,583 -17,267 67,850
54,356 -25 0 54,332 71,384 -17,053 -24%
68,995 35,919 0 104,914 54,117 50,797 94%

Page 1 of 1

30/1/2024

Ledbury Food Bank Income & Expense - Detail November 1, 2022 to October 31, 2023

Income

Income and Endowments
Corporate donations
Corporate Donations
Grants received
Household support income
HSF4 Income
Income from Donations and Legacies
Donations for use of Premises
Gift Aid Received
Gift Aid donations
Non Gift Aid Donations
Other donations
Paypal donations
Investment Income
Interest Received
Other income
Total Income
Expenses
Expenditure
Charitable Activities
Charity Management & Administration
Citizens advice
Food Purchases
Eggs (Gurney)
Fruit and Veg
Other Food Supplies
Other Supermarkets
Sainsbury
Household support
Other Expenditure
Total Expenses
Operating Profit/(Loss)
Total Other Income/(Expenses)
29,868
21,150
49,771
35,471
40
11,763
26,562
17,540
2,730
15,047
1,576
252
211,770
31,418
12,609
2,895
14,242
999
1,515
54,514
42,780
214
161,187
50,583
0

Page 1 of 2

30/1/2024

Ledbury Food Bank Income & Expense - Detail November 1, 2022 to October 31, 2023

Net Profit/(Loss)

50,583

Page 2 of 2

30/1/2024

Ledbury Food Bank Charity Commission Registration Number 1159727 Balance Sheet - Comparative As at October 31, 2023

Current Assets
Cash At Bank And In Hand
Net Assets
Funds & Reserves
Restricted Funds
Unrestricted General Funds
Other
Suspense Account
Funds Provided
31 Oct 2023 31 Oct 2022
104,914 54,332
104,914
35,919
68,995
0
54,332
-25
54,356
0
104,914 54,332

Page 1 of 1

30/1/2024

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiners Report Report to tho trusteesl mombers of Ledbury Food Bank On accounts for tho year ended 31 $1 October 2023 Charity no (rf any) 1159727 Set out on pagos 14 I report to the trustees on my examination of the accounts of the above charity Ilhe Trusl'} for the year ended 3111012023. Responsibilities and As the charity Irustees of the Trust. you are responsible for the preparation basis of report of the accounts in accordan￿ wilh the requirements of the Charities Act 2011 ("the Act-). I report in respect of my examination of the Trusl's accounts carried out under section 145 of the 2011 Act and in carying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5Xbl of the Act. I have completed my examination. I confimi that no malerial matters have come lo my attention (other than that disclosed below ') in connection with the examination which gtves me I￿USe to believe that in. any material respect: accounting records were not kept in accordan￿ with section 130 of the Act or the accounts do not accord with the accounting records Independent examinerfs statement I have no concems and have come across no other matters in connection with the examinalion to which attention should be drawn in order lo enable proper understanding of the accounts to be reached. ' Please delete the words in the brackets rflhey do not apply. Slgned: (a I Date: I" February 2024 Name: Luke Keegan Relevant professional qualification{sl or body (rf any): Associate Member, Chartered Institute of Management Accountsnts Address: Greendawn Accounting Limited 1A The Homend, Ledbury, He￿fOrdShIre, HR8 1BN