Charity Number 1159810 Cirencester Foodbank To9elherwlth Trus¥ell Cirencester Foodbank Report of the Trustees and Financial Statements For the 15 Months Ended 31 March 2025 Cirencester Foodbank Reference and Administrative Details for the IS Month Period Ended 31 March 2025 Charity number 1159810 Registered office and Prlnclpal address Unit 15 Whiteway Court Cirencester Gloucestershire GL7 7BA Trustees Kieran Archer Paul Cooper Anne Currie Annelie Green Steph Knowles David Taylor Elisabeth Thomas Jamie Sanders Chair Treasurer. Appointed 24101125 Resigned 05/1212024 Resigned 28/11124 Head of Foodbank Anton Wynn Independent Examlner Philip Stansfield Bankers Lloyds Bank Business Banking BXI ILT Webslte cirencester.foodbank.or Report ofthe Trnstees Forthe 15 Month Perlod Ended 31 Marth 202S The Tr￿tee5 are pleased to present thelr report together with the Independently examlned financlal accounts of fjrencester Foodbank forthe year ended 31 Marth 2025. The financial statements have been prepared In accordance wlth the accountlng pollde5 set out In the notes to the finandal 5tstemerrts and comply ￿￿th the charws governlng document, the Charitles kt 2011 as amended by the Charftles Act 2022. and the Accounting and Reportlng by Charitles: Ststement of Recommended Prdctlo {SORP) 'applicable to charities preparlng their accounts in accordance with the Finanaal Reportlng Stsndard applicable In the VK and Republic of Ireland published in Ortober 2019. Clrencester Foodbank was reglstered as a tharltable Incorporated organ15atlon bythe Charfty Cornmlsslon on 6 January 2015. Organlsattonal stfuthire and dedslon makln8 Overall responslblllty for Clrencester Foodbank sts wtth the trustees who meet quarterty to recelve reports on arencester Foodbanys aL￿￿tIes, to detern)Ine the strategy and obJeC￿S of aren￿ster Foodbank and to ensure all relevant governance requlrements and stsndards are upheld. In 2024-25, the Tritstee Board SUPPOrted by 5 subday par￿1* At Christmas. additional hampers were provlded contsining long life Chrfstmas food items to eath household. alongwith a supermarketvoucherto purchase additional fresh meaL dairyandfre5hvegetables. In 2025, the Foodbank provlded a small grdntto the Chum ProjeLtforthe provlslon of food (IndUd1￿ fresh food and snacks) at the Chum'sfrdmlty gro￿ activitie& arencester Foodbank contlnued to provlde a rarge of kn support to cllents in 2025. Food parcets contain toiletrks cleaning woducts and pet food lff rqulredl. Durfng the year tolletry bags. dental hyglene packs, Easter eggs. and Christmas hampers also distributed. Between January 2024aryl March 2025. the Foodbank recelved referrals from 106 partner agencie& With eath. the Foodbank shared Its vision that no￿ne should need to use a food bank and ￿cOuraged them to commlt to supportlng indivlduals at risk of food poverty. To ensure a collaborative and tsrgeted approach, we focused on strengthenirvx relatlonships wlth these ferral agencies. galning a dear understanding of the advi￿ and 5UPPOrt they offer to their dients. Thls Insight all￿Ned us to prloritlse In41ouse support for individuals less Ilkely to recelve help from their referrirE agenry, ￿surfng resources were dlretted where they were Most needed. As part of this ongoing revlew, we surveyed food bank users to asses5 which support pathways were most effectlve and whe Improvements could be made. The feedbackwas shared with referral partners, helplngthem enhan￿ the assistsnce they provlde. We also met dlrectly wth referring partsws to share trerKts and experiences from our fronttlne services and to dlscuss how they could further contribute to poverty preventlon efforts. In support of this. the Foodbank hosted a South Cotswold Food Poverty report even( which invited partners to engage with emerging challenges and deepen their understanding of local food Insecurity. FUrt￿r collaboration took pla￿ thro￿ a serles of Flnancial Indusion events cothosted as part of the Cotswold Fo(xl NetworL These se55ions were designed to rnise awarene55 of financial 5UPPOrt servi￿$ avallabk In the region and to equip referral agendes wlth the knowledge to guidetheir dients effectlvely. These Inltlatlves were coordinated by the Foodbanvs Support servi￿ Manager, appolnted In April 2024, who played a plvotsl role in enhanclng dient access to non-food support and adv1￿ SeNI￿S. Their leadershlp ha5 helped drf￿ a more Integrated response to food poverty in South Cotswold& Based on a stock value of £2.77plkg aren￿ter Foodbank For the 15 Month Perlod Ended 31 Marth 2025 The Foodbanvsslgnpostingteam. managed Supportserkn manager, continuedto playa vltsl role in supporting dients both in food bank hubs and remotsty via telephijne. This support Induded referring individuals to extemal wcies, as well as providing practic￿ finanLial assistan￿ through resouros like enry vouchets mobile phone SIM card5 and f(#xl To fvrther equlp the volunteer slgnp05tiTra team to womde the best posslble support to food bank users. they undertcK)k tralning with Crtizers Adwrt Thrs helped ensure could do their best to urthrstsnd the issues being faced and {d￿tify pattrmays of supp(wt for them. Continued finandal supwtfrom the Symth F(￿ndatIOn eTLSuredthat Foodbanvs Family Engagernert worker was able to provide guidano to school famifies who wwe in hardship. The Farnily ErÉagement worker provided dlrett support. connected families with finanaal advice. ran support grwps and provided school popups vthlch drewtoEetheragenciesthat ¢￿Id glve assistsn￿.The5e popups al￿ enabled extra food, housefrdd. hY*￿e and pet itemsto be gven ￿tt0faMi￿ at particularly hi8h stress times such as sthool holiday8 whlth enabled them to cope with tt* hlgher cost of dwdents overthese perfod> Bulldlngon ltscommltmenttodebtsuppTht,the Foodbank has malntslned its enhan￿dfvnthng of Crtlzer Advi￿ serv1￿, providing fcKw days of genera￿t advice and two days of spedalkst debt adv1￿ each week. The specialist debt ath￿r. WIK) completed their training at ts er￿ of 2023. now works independently a1￿ide the general athtsers to deliver hlghquality, Sustained supp Between 1st April 2024 and 31st Marth 2025, this partneT5hip successfully secured over £835,(X)O In finanaal support for food bank dient& Adwrs continue to assist those facing complex and often multi- layered thallenges. offering guidan￿ thro￿ multiple meetings over extended perfods to help dlents r￿[n financla stsblllty and imwth* ¢Mrall ￿￿bein& need to use the Foodbank falltng to tr* lowest level in recor￿ hisw evidencing that the support is helpingtp￿1 escape from food poverty. The FoOdban￿S 2023124 food p¢werty reN)rt VAS In June 2024. Thls report highfiBlrted the rIVe￿ arml issues that resulted in people bthg in food I￿verty in the Cotswdts and barriers to ￿Sidents to keepthem thve. Itratsed ts Issues of hidd￿ hardship,tr3n4￿ p(Nerty, s(hool holiday prO￿$10n and heafth as key drivus of food irtsecurity. As part of the Cotswold Food Network steeri1￿ group. the Foo(tt>ank hasworked througlK)Utthe yearwith key partner* Induding Cotswold District Coun￿. to strengthen stepby4tep support systems that help people move frorn food need to finartci￿ 5tabifty, and to exparMI d￿Ict-wlde Initiatives. irKludin8 low- cost optl(Y6that make use of surplus food Dats for the perlod of Jan- Marth 24 was collated in a alternative fashion arHI is not comparative with datsforthe periodof N>rll'24-Marth'￿Tl￿efOredats inthissection i5presartedforj￿tthis 12 month period Cirencester Foodbank Report of the Trustees For the 15 Month Perlod Ended 31 March 2025 It has also worked with World Jungle. who co-ordinates the Holiday Artivity and Food Programme IHAFI to ensure the voices of those on low incomes are heard, and food provision in the activities is improved to provide a suitable meal for children attending. The Foodbank communicated the challenges for families, especially during school holiday period, those with health conditions including mental health, and the issues around transportation to enable access to support. Duringthe report period, a new mental health service was started and new dial-a-ride bus service introduced. There were also significant improvements to the food element of the Holiday Artiwty and Food Programme. Since the end of the reporting period the Foodbank published 2024/25 food poverty report injuly 2025. The report provides further details of the drivers and issues that resulted in people being in food poverty in the Cotswolds together with a number of case studies. Please find the report here for further details: htt cirencester.foodbank.or news south-COtswold-food- overt .re 0rt-2025 Invitln8 those wlth Ilved experlence of poverty to help shape our 5ervlces and ensurlng support servlces are avallable to all During the reportlng period, the Foodbank deepened Its commitment to embeddlng participatory approaches across the organlsation, recogni5ing that meaningful involvement of lived experience should be integrated into all aspects of its work rather than held centrally. Supported by our Participation and Engagement Lead the Foodbank began developing a strategic framework for future participation, focused on building trusting relation5hip5 and fostering inclusive practices. This marked a significant evolution in our efforts to include the voices and experiences of clients at every level of decision-making and service design. Working in collaboration with the Trussell Trust, the Foodbank delivered a Together, workshop designed to help staff and volunteers better understand the experiences and emotional journeys of those referred to food bank5. particularly the trauma many face. This was followed by a series of "A Mile in My Shoes" workshops, which further explored how we could provide a more dignified and compassionate experience forthose we support. Lived experience volunteers played an important role in co-designing new initiatives, including a simplified nd respectful consent-gathering process for clients who wish to receive further support. Their insights were instrumental In shaping processes that reflert the needs and preferences of people with lived experience of food insecurity. Our participation work also extended into advocacy efforts. Through our involvement in the "Laying It All Out On The Table" campaign, organi5ed by the Joseph Rowntree Foundation and Trussell Trust, we helped to ensure the voices of residents were heard and included in reports published by other organisations. The fixe&tem participation role ended on 31st March 2025 when funding from Trussell Trust ceased, and in line with our vision for wider integration of participatory approaches. We are deeply grateful to Participation and Engagement Lead for her dedication and insight, which leaves a valuable legacy for the Foodbank to build on as we move towards a more inclusive and user-informed future. Report of the Trustees For the 15 Month Perlod Eftded 31 Marth 2025 Stafflng In September 2024. the tharity undertook a strategic and organisational revlew in response to the work carried out over the previous three years. This review infoTmed several thanges to the staffing structure aimed at strengthening ow capaoty and aligning with our evolving goals. As a resulL a new Fundralslng and Communlty Relatlonshlp Manager was recrulted to bulld on our communlty partnershSps and expand fundraislng Inltlatlve& In line with our commitment to embedding participatorypractlces moredeeplyacrossthe organlsatlon, wlth responslbiiityfor participation collectivelv owned by staff. the role of Partlclpatlon and Engagement w0￿er came to a planned condu51on atthe end of theSr contrart on 3tst Marth 2025. Durfng thls perfod. the tharlty also exPerfefi￿d a transltlon In our Support Se￿ces team. Recrultrnent ftsr a new Support Senrfces Manager took pla￿ In earty 2025. wlth the successful candldate Jolnlng In March. The outgolng manager conduded thelr tenure In earty Aprll 2025, ensurlng a smooth handover process. The average staff count In the 15 month perfod was 7, wltlth ￿ equivalent to Q6 FTE. Voluntetrs As In prevEous years. the Foodbank relles on Its wonderful team of volunteers across all Its actlvltle5 Volunteers roles are varled and Indude ￿ntre support staff. warehouse teams for packln8 parcels and managemert of stod(, admlnlstratlon volunteers who contsct people referred to ensure parcels contaln what they need and sl8npo#lng teams provldlng supporL Addltlonally some strateglc volunteer roles provide support for the Foodbanvs marketlng and communlcatfons, Includlng Its webslte and sodal medlas. Durfng 2024 the Foodbank volunteer tsam was Jolned by a number of people who had Ilved experfence of needlng to use food banks In communSty champlon roles. The Foodbank had approxlmately IIXI volunteers In 2024 (eXdudIr￿ trustees). There are currently 8 separate teams and 2 annual events are held when these teams are Invlted to come together asone largefrdmlly. to leam a IEttle more about othervolurteer roles, as well as the stsff aLtivitie& In 2024. 13 volunteers reathed an amazlng 5 years or more of volunteerlng wth the Foodbank whlth was recognlsed at the September 2024 volunteer evenL Thls event also Included a fun team qulz at whlth the volunteers 8alned a deeper understsndlngof the breadth of workthat the Foodbanvs Famlty En8a8ement The Foodbank Is Imma￿lY grateful to all Its volunteeT5. wlthout whlth St could not operate. arencester Foodbank contlnues to utilise office space flrst rented In September 2023 to support the Increased staff team and volunteer& The warehouse space remalns at arencester Baptlst Churth (wlth addltional offslte storage rented as requlred by the level of donatlons recelved). Anan￿$ Clrencester Foodbanlds accountlng process in 2025 has been upd*ed to be on an acuuals basts. In prevlous years this was based on cash/money transactlons as and when they are recorded through the bank account. In the 15 month period to 31 Marth 2025. Clrencester Foodbank recelved generous support from Indlvlduals, other charities and many businesses wlth food donatlons and sl8nificant firhincial don*lon& Report of the Triistee5 On 31 March 2025. thefood bank had funts of £405.255 (2023: £354,6TI). of wthtth £18,CMJDwas restrlcted fundsfor spedfic w)iects (2023: £65?rn. Income exceeded experxhture by £50,578 {2023: £39,(xx)). arencester Foodbanvs Income for the 15 morrtts to 31 Marth 2025 was £39059512023: £259,340) of whith £140,058 r&trthd (2023 £86,748). Unrestrtcted income was £250.537,12023: £173,252). We are very for the sUp￿rt of Indi￿d￿alS. companles xtr￿0￿ and churthe5 In our community for provldlng supporL Expendlture for the 15 months to 31 Marth 2025 totsled £340,017 (2023: £220,533). The Inuease of £119,484 relates to proieLts using restrlcted funts of £119.065. arencester Foodbanys finandal reserves pobcy ts to hold accesslble funds to meet the expenses of the food bank for a perknd of at least twelve months ff finarKlal donatlons cease. The food banys unrestrlcted fund5 at 31 Marth 2025 totaled £387,255. Forecast unrestrlrted costs for 2025 - 6 are £303,910. UnrestrEcted funds currentty a￿ at ￿ monts expendlture. Whilst this Is h￿her than usual. the Foodbank has had supm from TrLGsell Tnts( promdirvd additlonal debt support, for the last two year& We are transltlonlngto a newfundln8 model to support thts w Furtdralsl A5the Foodbank moves Into 20254 thelnstees and staff team Inrnsed thetr foals on fundralslvd to support the contlnued dellbery ofts ￿ and mlsslon, In partlcularthevthto maxlmlze the flnanclal resou￿$ of our dlents and assIst1￿ to deal wlth the Issues leadlng to food poverty. Thls has Included the recrultrnent of a new Fundralslng and Communlty Relatlons Mana8er. We hope thls wlll help to dlverslfy Income and Increase the Charfties sustalnabllfty. APPROVED BYThE BOARD OFTRUSTEES AND SIGNED ON BEHALF OF THE TRusfEES: Paul Cooper Ichalr) 0411212025 To the Trustees of Clren¢e5ter Foodbank I report to the tfustees on my examtnatlon of the accounts of Clrencester Foodbank (the Charlty) for the 15 month perlod to 31 March 2025. which are set out on pages 11 to 25. Ilesponslbllltles and basls of report As the trustees of the charity you are responsible for the preparation of the accounts in accounts in accordan￿ with the requirements of the Charities Act 2011 as amended by the Charities Act 2022 {'the Acv). I report In respert of my examinatlon of the charltvs accounts carried OLrt under sectlon 145 of the act and in Havlng satlsfied myself that the accounts of the charfty do not need to be audlted and are eliElble for independent examination, I report in respect of my examlnation under section 145 of the Act. In carrying out my examination I have followed the Directlons given by the Charlty Commtsslon under section 145(5) b of the Act. Independent examlnees statement sin￿ the Chari￿$ gross income ex￿eded £250,000 your examiner must be a member of a body listed in seLtion 145 of the 2011 Act. I confimi that l am qualified to undertake the exam1r￿tIon as l am a member (meMbe￿hIp number 4889501) of ACCA mie Association of Chartered Certified Accountants) whith is one of the listed bodies. I have completed my examination. I confirm no materfal matters have come to my attentlon in connection wtth the examination giving me cause to believe In any materlal aspett l) Accounting records were not kept In respect of the charlty as required by sectlon 130 of the Act: or 2) The accounts do not accord with those records: or 3> The accounts do not comply with the applicable requlrements regardlng the fomi and content of the accounts set out In the Charltles (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair Vie￿ whsch Is not a matter considered as part of an independent examination. I have no concems and have come acro55 no other matters in connectlon with the examination to which attention should be drawn in this report in order to enable a proper understandinB of the financial statements to be reached Gaynor Hutton. ACCA Membership Number: 4889501 Date: 25 November 2025 Company: ThSnk Whole Llmited t/a The Numbercrunchers. 14 London Road. arencestsr, GL7 IAE. io Clieiic•stff Foodbank For the 15 l•lonth8 to 31 March 2025 15 months tr* Mar-25 Year to 2023 Total Income Irom: DorRlions Investments 140.058 234.229 16.308 374287 16AO8 253.558 5.782 Total In¢ome 140.058 250,537 390,595 259.340 Expendi￿￿ on: Raising funds Charitable actlvrtles 10 6.054 6,064 148.528 333,963 3.250 217283 187.435 Total expendlture 187.435 152.582 340.017 220.533 Net Incon￿ I (expendI￿re) and net movement In funds 19 (47,3rn 97,955 S78 38,807 Reconciliatlon of funds: Total funds brought fo￿ 65.377 289.3(Xl 354.677 315,870 Total funds ¢arrled forward 18,000 387,255 405,265 354.677 All of the above results are derived from contlnulng activilps. Tlk8re were no other recogniged galns or losses other than thos8 Staled above. Movements in funds are disdosed In note 19 to the 11 Clrencestor Foodbank Balance Sheet As at 31 htsr¢h 2026 314lar 2026 31-Dec 2023 Current as8•ts Debtor8 Stock Cash at bank and In hand 15 6.793 40,574 389,798 354,677 437,165 354.877 Llabllllleg Credltorn: amounts falllng due wlthln 1 year N•t curr•nt a850ts 16 (31.910) 406,255 354,677 Fund• Re8trlcted funds UnreslrlGted funds 19 18.000 85,377 387.2S6 289.300 Total Qharlty fund8 406,266 354.877 The dlrectorn arn sallsfted that the ￿rnPanY Is enlttled to &Yemptlon from the provl8lons of the Companles A¢t 2008 (the Ad) relatlng to the audlt of the financlal statemen1& for the year by vlrtue of sectlon 47712), and that no memhr or members have requestsd an audlt pur8uarrt to seGfjon 478 of Ihe Aci. The dlreclor8 ad(nowledge thelr re8pon81bllllle8 for. ensurfng Ihal the Company keeps proper acc4untlng record8 whlch c4)mply th 8ectlon 388 of the Act; and {11) preparfng finandal 8iaiements whlch gfve a true and falr vlthv of th8 State of affaErs of tho Company as at the end of the financlal year and of Its profft or 1083 for the llnanclal year In accordance wlth Ihe requlrements of 8e(alon 393, and whlch otheThyS88 comply wlth the roqulrements of the Act relatlng to finandal 8tat•mants, 80 far as appllcable to the ￿mpanY. Th88• accoun18 have bean prnpared In accordan¢x wlth the 8peclal prov181on8 appllcable to cornpanle8 subjecl to the small ￿mpanIeS. reglme. Approved by the trustees on 4 Oecember 2025 and 81gned on tslr behalf by por. Chalr Clren¢e8tv Foodbank Forthe 15 Month8 to 31 March 2026 15 month8 to 2025 Year to 2023 Cash used In operallng acdvltles: Nel movement in funds f•O.578 38,807 Adjusbnents for. Investment income Decrease in deblors (Increase) I decrease in stod( Increase l (decrease) In ￿edItOrS 116,3081 (16,308) 16.7931 (40,5741 31,910 Net ¢a•h provlded by I Iu80d in) oporntlng acllviti•8 18A13 (16,308) Ca8h flow8 frm Investing activ5tie•: Investment Income 14308 16.308 Net cash provlded by Invesling actlvlile8 16a08 16,308 Increa8e In ￿$h and cash •quivalents In th• year 3&121 38.807 Cash and rnsh equivalents at Ihe beginning of the year 354677 315.870 Ca8h and cash equlvalonts attho end of the yoar 389,798 354.677 The charity has not provlded an anatysls of changes In net debl as11 does not have any long temi financlng arrangemerts. 13 For tho 15 Alonths to 31 March 2025 1. Accounllng pollcies a) Basls of preparatton The fir*ndal statemwts b8en wepared In acLxKdm *ith Accwnong and Reporttng by accounts in a¢(xJrdance with the Finanoal Rewting Standard applicable in the UK and Republic of Ireland (FRS 102) (effeclive 1 January 2019) - (Chanlles SORP (FRS 102)). Financial Rewiing star￿ appr￿able in the UK aKI Rwic of Irekrttl (FRS 102) and the Companies Clrencesler Foodbank meets the definilron of a publk benefft entity urmler FRS 102. Assets and liabilities are inilially recognised at hist(*kal u>st or Itansaction value unless stated b) Going concern bas18 of accounllng The a￿x)unts have been prepared on tho assum01￿ thal the chaity is able Io c4)ntlnue as a reserves at year end, and funthng already secured for the Ye￿ ending Marti 2026. There are no c) Incomo Income is re(xunised ¥￿￿1 Ihe cknwity has enlitlement to the flbnds. any perfornian￿ ￿nditionS attathed lo the ilem of In￿}Me been nrt it is wobaNe ttrml Ihe inccrfne wtll be rwxved and the amount can be measured ￿lIablY. recognlsed when Ihe charity has ￿tItlement to the furKls, any performance conditions altached to the grants have been meL it is probable that the in(x)me will be received and the amount can be d) Donatod serv1c￿ and facllllles Donated professlonal seNices arKI donated fa(xlfties are re(¥)gnised as ￿n￿rne when the thaTIty has control over the item. 0￿d]llonS assfyi* wilh the donaled item have been met, the value cif the gfft lo tharity whith is the amount the ¢*arity would have been wtlling to pay to obtain Servi(￿ or faixfrties of ryllvaknt on the open market: a corresponthng amowrt is re(x)gni8ed in ev￿rture in the pwiod of rei%ipi. 14 For tho 16 iaonths to 31 Ilav¢h 2026 l. Acco•Jndng pollcleg (wthu•d) •) Intor•8t le￿1¥abl• reliabty ty the dwiiy. thi8 Is the Intwest pald or payth by the bank. fj Funds aGGounllng Unrestricaed funds are aVa￿tsIe to spend on ad1vi￿ that further any of the purposes of the tharity. Designated funds are unrestrided funds of the d￿rity whith th81wstees have decided al th8ir disuetion to set aside to use for a speafic purpose. Restricted funds are donatlons whlch the dw has speofied are to be solely used for party￿r areas of Ihe r*aritys work or for g) Expendlthro and VAT thlrd party. li Is probth that 8ellkn￿rt bo wewlred and the amount of the obltgakn can be measured reliably. Atl VAT18 eXP8fKled as Ctrenco&w Food￿ Is nol VAT re9lslered. h) Support and gov•rnance cogts sUp￿rt costs Support ¢>)sts Indude expendllure n(1 dir• related lo project areas. Fundralslng costs Fundralsing costs are alk)c*J based on thne 8F*nt on fimdrnl8lrvJ aclfvttles. Govomance costs tnjstee exper￿. 0)mplIan￿ fees and legal and professional fees. Support and govemwTh a>sts have tse￿ fidl b chaTitabh a(afviiies. l) Tanglbl• llxed a8Mts c￿￿puter equlww Debtor• ) Cash at bank and In hand Cash at bank and cash In tond Ir￿l￿deS (ssh and slK¥t Iwm hlghty Ilwld inves1m￿ wilh a short maluiity of three monts OT less from tho date of xqui8ibon of th8 deposil or slmilar acxXiU￿. 15 For tho 15 Month8 to 31 March 2026 1. Accounllng polkl88 (¢onllnued) l) Cr•dltorn a past avent that *itl probably res￿1 in Ihe transfer of funds to a third paty and the amount due lo Settle the obligatlon can be measured or esllmated reliably. Creditor5 and PTovislons are nomialty m) Flnanclal In9trumwts The charftsble company onty has11nandal a$￿ts and financlal lIa￿lI11e$ of a klnd that qualfy as value and subseqW m8asured al Iheir setuement walue wlth the ex￿pilon of bank loans n) Pen•lon ¢o•ts 0> Accountlng wUmalo• and k•y Judg•m In the applicatlon of the charNYs awjurfing polldos, InJ8lees are requlred to make ludgements. 8sl1nw￿ and assumptsor* at￿rt the (¥￿y1ng values of assets 8rKI Ilabllitles thal are not readlly apparent from other sources. The esllmates and underlylng assumptions are The esllmates and underlylng assumMions are reviewed on an orvJoing basls. Revl8lons to accounlfng estlmates are recognised in the perlod In which the estimate is revised rf the revi8lon affeds onty that perlod. or In the of the rev18fon and future poriods If the rev151on affects both cAMrent and fu￿re perlods. quITgd In detemilnlng the carrylNJ value of assets and liabilili8S. 16 Clrnncestsr Foodbank Notes to the flnandal slateme For the 15 Pknnth8 to 31 Mar¢h 2025 2. Prfor period comparn11￿. statement ol financial actlviti•s 2023 Tolal Restrlrted Unrestrlded Income from: Donallons Investments 86.748 166.810 5,782 253,558 5.782 Tolal income 86.748 1n.592 259.340 Expgndilurn on: Charitable activliles Rafslng funds 68.370 148,913 217.283 3.250 Total expend1￿rn 68.370 152.163 220.533 Net Income I lexpend1ts￿e) 18.378 20.429 38,807 3. Income from donatlons 202S Total Restrithd Unrestricted 231.132 3.097 231.132 143.155 Grants (note 4) 140.058 Tfthl Intome from donatlons 140,058 234,229 374.287 Prlor wlod comparatlve: 2023 Totsl Restrlrted Unrestrided Donations. Granls (note 4) 166.810 166,810 86,748 86.748 Total Inconx from donatlons 86,748 166.810 253.558 'Induded within donations is gfft aid, and food stock. induded In 2025 for Ihe fjrst time: 202S 2023 Unrestrlcted funds Glft ald Donatlons of food stock for dlstribution 17.158 40.574 25,594 57,732 25.594 17 Cirencester Foodbank N(kns to the flnanthl slatenients Forthe 15 Months to 31 March 202S Analy818 of grnnts recelved Restricted unrest￿ 2025 Rausing Tfust Symondson Trussdl T￿￿t 6.000 36.000 102,15S 99.058 3,097 140.058 3,097 143,165 Prlor perfod comparative Restri(*ed Unrestricted 2023 Lethlade Llons Rausin9 Twst Symondson Trussdl Trust 5.000 18.OIXI 63.248 18.000 63.248 86.748 86.748 S. Income from Inveslments 202S 2023 Unrestrfcted funds Bank interest receivable 16,308 6. SlalArtory funding The charitable (x)rnpany has received a govemment grant from cOts￿lId Dislrict Counth to fund charitable activities. The funding relates to the 2025- 26 year arnl as such Is held on the balance sh881 as inrnme in advance. ￿1h a value of £30k 18 For th8 16 Months to 31 March 202S 9) 2026 Tolal 142,177 142.177 48.301 148,249 Food distribul 48.301 148.249 Totsl •xpondltyr• 196,550 142.177 338.727 2023 Total Admlnlstrat Food dlstrlbullon 90.802 49.127 80.804 49.127 129.731 220.533 19 For the 15 Ilonts to 31 Al•Y¢h 2025 PartW••tron. 21>25 Totsl 20.019 20,182 57.080 2375 5.162 4.950 216.100 4.102 4250 2.143 178 Debt 8dvi( G￿rnan￿ (noh 10) IT and phone costs Room hlrn St&ff o)8ts 5.162 los￿35 4.11n 21085 4250 Trnvel Venuo hlrn and moellTrJ 1.416 ln 17.441 137.449 152,939 333.963 2023 Total 8.643 G0￿Man¢• {nots 10) rr and phone Roorn hlre Staff c¢xts 11x1 4.118 100 4.111 4J14 113,462 1849 4217 1.950 11483 27.947 4.314 18.149 61,741 33.5r2 Transport costs 4217 1.932 Vonuo htro aY*l In*i c4)1ts Warahou8• costl 11.483 27.947 217 75 104 ￿83 Clrence8tsr Foodbank Nots8 to tho flnan¢lal Statements For the 15 A1onth8 to 31 March 2025 g. Govefflan￿ costs Govemanca are Induded wfthln Support costs 2025 2023 Staff costs IT and phone costs Other 10.664 616 2.375 6.174 516 100 13A46 6.790 10. Fundrnl8lng costs Fundralslng c08ts comprf8e: 2025 2023 Stsff c08ts Other ￿sts 3,250 600 6,ofA 3,250 11. Net movemont In funds This Is 8tsled after tha￿[ng. 2025 2023 Independent oxamlnefs remungratlon: 21 Clrencestsr Foodbank Notes to the flnanclal statements For the IS Month8 to 31 March 2026 12. Staff costs and numbers staff &)sts were as follows." 2026 2023 Salarles and wages Social securlty costs Penslon ￿sts 205,101 11.066 GA87 111.359 2,722 2.630 221,664 116,711 No employees eamed 0￿r £60,000 durlng the period (2023: none). The key management parsonnel of the charftable company comprise the Trustees and Head of Foodbank. The total employee benofft8 of the key management personnel were £52,217 (2023,. £39.54n. The pen81on defined contrlbutton. There was no outstandlng balance at year end (2023: nll). 2026 2023 No. Average head ￿Unt Full tlme equlvalenl A8 ever we are extremely than￿1 to our 100 volunleern for thelr commltment to the charfty 12023: 100 volunteern). 13. Tru8t•• romunev*llon and related pfirty ts¥Ma¢tton• Dultng the year no Irustee eamed or recelved remuneratlon for thelr trustee rde (2023: nll). No trn8tees relmbur8ed for expen￿ (2023: nlD Durlng the ojrrent year there ther¢ no unrestrlme (see nole 17) 31.759 2025 2023 Balance at Ihe start of ts year Released in year Balan￿ at tr* end of th8 ye Clrence8tsr Foodbank Motss to the flnanclal slatem Forthe 16 tknnth8 to 31 Mar¢h 2025 18. Anaty818 of net a86ets between funds Restricted Unrestricted Total lun Current assets Current Uabllttles 18.000 419.185 (31,910) 437,166 131.9101 Net a88•t8 at 31 Mar¢h 2028 18,000 387,25S 406,25S Prlor perfod ¢omparth• Restrtcted Unrestfkted Total funds Current assets Current1Sabllitle8 65.377 289.300 354,877 Net a88et8 at 31 December 2023 85,377 289,300 354.677 19. Movements In fund• A11 January 2024 As•t31 Income Expendlture Mar¢h 2028 Re81rfcted fundg Rauslng Trnst Symond80n TN88ell Tru81 (5,000) (18,000) 164.435 18,000 .26 Total r•$trIct￿ lund8 85,3TI 187,435 18.000 Totsl unmtrl¢tsd fund• 289.31)0 250.537 (151,292) Total fvnds 354.8 390,595 406.546 24 Clrencester FoodbAnk For the 1S Months to 31 Mareh 2025 19. Movements In funds l¢onllnued) Purpo8e8 of rogtrlcted funds Rauslng Tn*t Funds to support additional Christinas food delNeries Symonthon Grant to parfty fund the Famlly Engagement Worter Tnrnell Tn*t Funding to support Pathfinder projerts, includlng debt and general advlce vla Cttizens Advi Purposes of unre8trlct8d ￿ndS General unrestricted: The charity malntalns a general unrestricled fund vthlth rysresents nds which are expendable al the discretion of the trustees in furtheran￿ of the objects of the charity. Such fimds may be held in order to finance both thlng capital and caplial investment. Prior pwiod compa￿lY• At1 January 2023 Asat31 l)o¢ember 2023 InLx>m8 Expenditure Restrlctgd funds Lethlade Ltons Rausing Trust Symondson Trussell Trust (500> (5,000) (18.000) (46,081) 5.000 18.000 63.248 48,210 65.377 Totsl restrlcted funth 48.210 86.748 69.581) 65.377 Unrestrlcled funds General funds 173 289,300 Total fund8 315.188 .022 (220,533) 354.677