Ledbury Food Bank Registered Charity 1159727
Annual accounts 1 November 2023 to 31 October 2024
## **Statement of Financial Activities**
Prepared for Ledbury Food Bank: 1/11/2023 to 31/10/2024 (compared with 1/11/2022 to 31/10/2023)*
||**Unrestricted**|**Restricted**|**Total**|**_Prior Total*_**|
|---|---|---|---|---|
|Donations and Legacies|86,713.80||**86,713.80**|_103,375.69_|
|Grants received|16,582.56||**16,582.56**|_21,150.00_|
|Household support income||42,525.00|**42,525.00**|_85,242.00_|
|Other income|129.44|120.00|**249.44**|_252.00_|
|Investments|3,321.73||**3,321.73**|_1,576.27_|
|**Total income and endowments**|**106,747.53**|**42,645.00**|**149,392.53**|**_211,595.96_**|
|Other Expenditure|-96.63||**-96.63**|_214.00_|
|Charitable Activities|122,955.14|83,231.82|**206,186.96**|_161,559.00_|
|**Total expenditure**|**122,858.51**|**83,231.82**|**206,090.33**|**_161,773.00_**|
|Net income/(expenditure) before investment|-16,110.98|-40,586.82|**-56,697.80**|_49,822.96_|
|gains/(losses)|||||
|Net gains/(losses) on investments|||||
|Net income/(expenditure)|-16,110.98|-40,586.82|**-56,697.80**|_49,822.96_|
|Extraordinary items|||||
|Transfers between funds|||||
|Gains(losses) on revaluation of fixed assets for|||||
|charity's own use|||||
|Other gains(losses)|||||
|**Net movement in funds**|**-16,110.98**|**-40,586.82**|**-56,697.80**|**_49,822.96_**|
|_Total funds brought forward_|_65,610.77_|_36,955.01_|**_102,565.78_**|_52,742.82_|
|**Total funds carried forward**|**49,499.79**|**-3,631.81**|**45,867.98**|**_102,565.78_**|
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06-Jul-2025 16:13
**Ledbury Food Bank Income & Expense - Detail Fund - Household support (R) November 1, 2023 to October 31, 2024**
## _Income_
|_Income_||
|---|---|
|Income and Endowments
Household support income
Other income
**Total Income**
_Expenses_
Expenditure
Charitable Activities
**Total Expenses**
**Operating Profit/(Loss)**
**Total Other Income/(Expenses)**
**Net Profit/(Loss)**|42,525
120|
||**42,645**
83,232|
||**83,232**|
||**-40,587**|
||**0**|
||**-40,587**|
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11-May-2025 13:19
## **Ledbury Food Bank Income & Expense - Detail Fund - General Fund (U) November 1, 2023 to October 31, 2024**
## _Income_
|_Income_||
|---|---|
|Income and Endowments
Donations and Legacies
Grants received
Investments
Other income
**Total Income**
_Expenses_
Expenditure
Charitable Activities
Other Expenditure
**Total Expenses**
**Operating Profit/(Loss)**
**Total Other Income/(Expenses)**
**Net Profit/(Loss)**|86,714
16,583
3,322
129|
||**106,748**
122,955
-97|
||**122,859**|
||**-16,111**|
||**0**|
||**-16,111**|
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11-May-2025 12:52
## **Ledbury Food Bank Charity Commission for England and Wales, No. 1159727 Balance Sheet - Comparative As at October 31, 2024**
|_Current Assets_
Debtors
Cash At Bank And In Hand
**Net Assets**
_Funds & Reserves_
Restricted Funds
Unrestricted General Funds
_Other_
Suspense Account
**Funds Provided**|**31 Oct 2024**|**31 Oct 2023**|
|---|---|---|
||-33
45,901|102,566|
||**45,868**
-3,632
49,500
0|**102,566**
36,955
65,611
0|
||**45,868**|**102,566**|
Page 1 of 1
11-May-2025 12:51
CHARITY COMMISSION
FOR ENGLAND AND WALES
Independent examiner's
report on the accounts
Section A
Independent Examiner's Report
Report to the trusteesl
members of
Ledbury Food Bank
On accounts for the year
ended
31" October 2024
Charity no
(if any)
1159727
Set out on pages
14
I report to the trustees on my examination of the accounts of the above
charity ('the Trust") for the year ended 3111012024.
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 Act").
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 examination, I
have followed the applicable Directions given by the Charity Commission
under section 145(5)(b) 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 gives me cause to believe that in, any material
respect..
accounting records were not kept in accordance with section 130 of
the Act or
the accounts do not accord with the accounting records
Independent
examiner's statement
I have no concerns and have come across no other matters in connection
with the examination to which attention should be drawn in order to enable
proper understanding of the accounts to be reached.
Please delete the words in the brackets rf they do not apply.
Signed:
Date:
7th May 2025
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 1 BN
## **Trustees’ Annual Report for the period**
**From 1 November 2023 To 31 October 2024**
**Charity name: Ledbury Food Bank**
## **Charity registration number: 1159727**
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|Relieve financial hardship to people
primarily but not exclusively living or
working in Ledbury mainly by providing
them with food which they could not
afford through lack of means|
|Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.|Para 1.17 and
1.19|Provision of food and other household
necessities|
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|**T**he trustess have had regard to the Charity
Commission guidance|
## **Additional information (optional)**
## You may choose to include further statements where relevant about:
||SORP reference||
|---|---|---|
|Policy on grant making|Para 1.38||
|Policy on social investment
including program related
investment|Para 1.38||
|Contribution made by
volunteers|Para 1.38|The food bank is run entirely by
volunteers and we cannot carry on
without that support. We have seen a
number of volunteers retire from their
work with the food bank in the last year|
but we still have a team of in excess of 70 and are working hard to recruit new people to join the team. Other
## **Achievements and Performance**
||SORP reference||
|---|---|---|
|Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|Another 12 months have passed and
there is no sign of the demand for our
services reducing, in fact the opposite is
true.
The usual statistics:
By the end of October there had been
3700 visits to the food bank (including
Colwall) compared with 3245 in the
same period in 2023. The total number
of people fed was 9435 (8143 in 2023).
We are supporting in the region of 175
households every month and more than
90 new households have come to us for
help so far this year. 345 different
households have had at least one food
parcel in 2024.
We have spent over £94,000 on food
and other essential items in the year
ending 31st October. This is an increase
of approximately £20,000 on the 2023
figure. The increase is attributable to the
greater number of visits to the food
bank and the rise in the cost of food
over the last year.
Our accounts show a reduction in our
reserves of approximately £20,000 over
the last financial year and while our
reserves remain relatively healthy this is
a trend that we cannot allow to
continue. The Lead Team have already
taken steps to address the issue by|
removing some more expensive items form the shopping list and reducing slightly the size of the food parcels. This is an ongoing process and subject to constant review. In making these difficult decisions we are always mindful of ensuring that fresh fruit and vegetables form a significant part of the items offered to visitors. We are entirely dependent on donations and grants to carry out our work and our regular income has not diminished. Funding from grants from other charities and businesses has become more difficult to obtain as there are more organisations supporting the poorest in society chasing finite funds. We continue to work at obtaining grants large and small. Our work remains possible only with the generous donations we receive from individuals and local businesses. We are immensely grateful for their continued support. We have worked closely with Herefordshire Council in delivering the Household Support Fund to the most vulnerable in our community. This has taken the form of supermarket vouchers which are distributed to Herefordshire residents. The fund is reviewed every 6 months and we have increased the amount we distribute in each round of funding. In the 6 months ending on 30th September we distributed £36,000.
In addition to our core service of providing food and other essentials we have maintained our Citizens Advice contract with South Worcestershire Citizens Advice. The work carried out by our two advisors is invaluable in addressing issues relating to benefits and debt. This work has been funded through the Household Support Fund and is not putting any strain on our own resources.
The food bank is run entirely by volunteers and we cannot carry on without that support. We have seen a number of volunteers retire from their work with the food bank in the last year but we still have a team of in excess of 70 and are working hard to recruit new people to join the team. Other organisations continue to make use of our second unit, including Turning Point, MIND, Ledbury Refugee Support and AGE UK. The funding that we had hoped to obtain to refurbish the unit from Herefordshire Council was subject to review but we are led to believe that it will be reinstated in early 2025 and we will be bidding for the monies we need to improve the building when the tender process is reopened. There is no doubt that 2024 has been the most challenging year since the end of covid restrictions and 2025 is likely to continue in the same vein. Notwithstanding the obvious issues we shall continue to support those who come to us for help and to improve the way we do that in the coming year.
**Additional information (optional)** You may choose to include further statements where relevant about:
|
Achievements against
objectives set|
Para 1.41||
|---|---|---|
|Performance of fundraising
activities against objectives
set|Para 1.41||
|Investment performance
against objectives|Para 1.41||
Other
## **Financial Review**
|**Financial Review**|||
|---|---|---|
|Review of the charity’s
financial position at the end
of the period|Para 1.21|The Charity’s financialposition is summaried
on the accounts|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|The Charity’s reserve policy requires it to
holdreserves equivalent to two months
expenditure, defined as all running costs plus
the average of two months food costs in the
previous year.|
|Amount of reserves held|Para 1.22|General fund reserves were £44221 as at 31
October 2023|
|Reasons for holding zero
reserves|Para 1.22||
|Details of fund materially in
deficit|Para 1.24||
|Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23||
## **Additional information (optional)** You may choose to include further statements where relevant about:
|
The charity’s principal
sources of funds (including
any fundraising)|
Para 1.47|
The principle souces of funds are donations
form individual, community groups and
comoanies; and grants from public and
charitable bodies|
|---|---|---|
|Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|Surplus funds are held in an interest bearing
account|
|A description of the principal
risks facing the charity|Para 1.46||
|Other|||
## **Structure, Governance and Management**
|Description of charity’s
trusts:|||
|---|---|---|
|Type of governing document
(trust deed, royal charter)|Para 1.25|Trust deed|
|How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|Registered Charity|
|Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|**Trustees are selcteed in accordance with**
**he trust deed**|
## **Additional information (optional)** You may choose to include further statements where relevant about:
|
Policies and procedures
adopted for the induction and
training of trustees|
Para 1.51||
|---|---|---|
|The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51||
|Relationship with any related
parties|Para 1.51||
|Other|||
## **Reference and Administrative details**
|Charity name|Ledbury Food Bank|
|---|---|
|Other name the charity uses||
|Registered charity number|115727|
|Charity’s principal address|Unit 1
Homend Trading Estate
Ledbury|
|||
## **Names of the charity trustees who manage the charity**
|1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee(if any)**|
|---|---|---|---|---|
||Keith Hilton Turvey|Chair||St Michael and All Angels
Church|
||KellyWelsh|Secretary|||
||Sue Simpson|||St Michael and All Angels
Church|
||Kenneth Mark
James Lister||||
||Catherine Beech|Treasurer|||
||Richard John
Brooks||||
||Helen Ruth I’anson|||LedburyTown council|
||Nicholas Simon
Morris|||Ledbury Town council|
||PhillipJohn Warrey|||LedburyMethodist Church|
||John Anthony
Leahy|||Most Holy Trinity Catholic
Church|
||||||
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## – Corporate trustees names of the directors at the date the report was approved **Director name**
Name of trustees holding title to property belonging to the charity
**Trustee name Dates acted if not for whole year**
## **Funds held as custodian trustees on behalf of others**
Description of the assets held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects
Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
## **Additional information (optional)**
## **Names and addresses of advisers (Optional information)**
**Type of Name Address adviser**
## **Name of chief executive or names of senior staff members (Optional information)**
## **Exemptions from disclosure**
Reason for non-disclosure of key personnel details
## **Other optional information**
## **Declarations**
## **The trustees declare that they have approved the trustees’ report above.**
## **Signed on behalf of the charity’s trustees**
**Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date**
| %* Declarations
|
## The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Chair, etc) por