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2024-03-31-accounts

Trustees’ Annual Report For the period 01/04/2023 - 31/03/2024

Bradford North Foodbank is partnered with:

Contents

Reference & Administration Details 2
Structure, Governance & Management 3
Objects & Associated Activities 4
Introduction from the Chair of Trustees 5
Achievements & Performance 6
FOOD DISTRIBUTION 6
FOOD DONATIONS 10
FINANCIAL INCLUSION 10
VOLUNTEER PARTICIPATION 11
Trustee Declaration 14

Page 1 of 14

Registered Charity Number 1160060 | Registered in England and Wales

Reference & Administration Details

Charity Name: Bradford North Foodbank Registered Charity Number: 1160060

Address: Unit 12, Newlands House Two, Inspire Bradford Business Park, Bradford, BD10 0JE

Charity Trustees for Period of Report:

Trustee
Name
Office
(if any)
Term(s) of Office Status
Maria
Callaghan
15/11/2022 - 14/11/2025
Ben Clymo Chair
Safeguarding
04/04/2019 – 03/04/2022
04/04/2022 –03/04/2025
Pete Criddle Treasurer 15/01/2019 – 14/01/2022
15/01/2022 – 14/01/2025
Moira Crotty Charity Secretary 13/02/2018 – 12/02/2021
13/02/2021 – 12/02/2024
13/02/2024–12/02/2027
Re-appointed in-year
Steve
Pritchard
21/03/2023 - 20/03/2026
Hannah
Workman
09/07/2024 – 08/07/2027
Kelly Baynham 10/09/2024–09/09/2027
Teagan
Robinson-Bell
19/11/2024 – 18/11/2027

Page 2 of 14

Registered Charity Number 1160060 | Registered in England and Wales

Structure, Governance & Management

Type of governing document: Constitution

How the charity is constituted: Charitable Incorporated Organisation (CIO)

Appointed for a term of three years by a resolution passed at Trustee selection method: a properly convened Trustee Board meeting.

The trustees delegate the day-to-day management of the charity to a Management Team made up of salaried staff and volunteers who take on leadership or management roles within the charity. For this reporting period, the team was as follows:

Management Team for 2023 - 2024

Salaried Staff

Staff
Name Job Title **Hours per Week ** Start Date
Franco Biancardo Foodbank Manager 30 16/09/2019
Julie Rainer Signposting Coordinator 12 01/02/2021
Helen Thomas Operations Manager 20 16/09/2022
Carla Eastwood Office Manager 24 26/02/2024

Team Leaders

Leaders
Name Foodbank Centre / Area
Moira Crotty, Eric White, Sarah Van Tol Warehouse
Martin Butterworth, Pete Criddle Shipley Baptist Church
Data (Martin)
Pam Palmer StLuke’s
Heather Ayrton Church on the Way
Julie Stephens ChristchurchWindhill
Pat Barker, Rose Bowman, Amanda
Meadows,PeteThompson
Trinity Rawdon
Julie Stephens VolunteerCoordination

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Registered Charity Number 1160060 | Registered in England and Wales

Objects & Associated Activities

CHARITABLE OBJECTIVES

To relieve persons in the North of Bradford and the surrounding area that are in financial hardship in such ways as the trustees from time-to-time think fit, in particular, but not exclusively by:

  1. providing emergency food, essential toiletries, and household items to

individuals and families in need and / or for distribution by charities or other organisations working to prevent or relieve poverty

  1. such other means, including (but not limited to) the provision of support or

signposting to relevant information and other advisory services.

ACTIVITIES IN RELATION TO OUR CHARITABLE OBJECTIVES

During the reporting period, the charity interpreted ‘ the North of Bradford and the surrounding area ’ to be:

Summary of the main activities this year:

Page 4 of 14

Registered Charity Number 1160060 | Registered in England and Wales

Introduction from the Chair of Trustees

As you’ll see below, the number of people fed remained high, reaching only a fraction below last year’s record. We continued to see a high number of first-time visitors, with the vast majority of clients receiving between one and three parcels.

Food donations dropped significantly this year, so to meet demand we had to purchase a significant amount of stock. We were grateful to a number of funders who enabled us to make these purchases, but if demand and donations remain at similar levels this isn’t a sustainable position so we continue to monitor the situation carefully.

We are delighted to continue to partner with Equality Together, who have realised over half a million pounds of financial gains for our clients. We are also really pleased to be adding a partnership with Citizens Advice Bradford to our support, offering housing, debt and asylum advice. These partnerships help to ensure that clients only need our emergency support for a short period of time, helping them to get back on their feet.

Volunteers remain at the core of what we do and we have worked hard this year to improve the volunteer experience, helping us to recruit and retain volunteers. We’re incredibly grateful to every volunteer who gives their time and skills to ensure that we can continue to provide support to those who need us.

On the staffing side, we were thrilled to welcome Carla to our staff team as Office Administrator towards the end of the year. She has settled into the team really quickly and will be ensuring that our administrative processes keep up with our operations.

We continue to explore additional warehouse provision, although the new build units at Inspire have suffered several extended delays and we are therefore looking at other possibilities too.

Thanks go out as always to our staff, volunteers and trustees, as well as our valued supporters who make it possible for us to continue to provide a lifeline for families and individuals in crisis.

Ben

Ben Clymo, Chair of the Trustees.

Page 5 of 14

Registered Charity Number 1160060 | Registered in England and Wales

Achievements & Performance

This year we fed 6,959 people (2023: 6,992), of whom 40% were children (2023: 39%). This was a very slight decrease on the prior year, and 34% than the pre-Covid year ending 31 March 2020.

Across the Trussell network 3.1 million food parcels were distributed, an increase of 4% on the prior year.

These figures are expanded upon in more detail below. Trussell’s network-wide data can be found in more detail on their website:

FOOD DISTRIBUTION

The big picture:

A total of 2,855 vouchers (2023: 2,925) or referrals were fulfilled. Each individual household (client) had an average of 1.9 vouchers (2023: 1.6), with 1,514 unique households supported. We continue to work to a normal limit of 5 referrals in 6 months, with further support offered where our referral partners indicate it to be necessary.

4% of households received more than 5 parcels in the full year, representing 15% of parcels issued. 87% of households received 3 or less food parcels in the year (2023: 89%) and 63% of households received only 1 food parcel (2023: 58%). 53% of clients in the year were first-time visitors to our foodbank (2023: 59%).

Page 6 of 14

Registered Charity Number 1160060 | Registered in England and Wales

Where:

The vast majority of clients live in the north Bradford or west Leeds areas. Clients living outside this area come to us because they work in our area, or because there is no Trussell foodbank open in their area on that day. Some referral partners only use the Trussell food bank network, so might refer clients from areas with an independent food bank to a more distant Bradford North foodbank centre.

The seven core postcodes in our area noted on page 4 contained 81% of client homes.

Map centred on our warehouse in BD10, showing households receiving food parcels from Bradford North Foodbank, coloured by the foodbank centre they attended:

Page 7 of 14

Registered Charity Number 1160060 | Registered in England and Wales

The political ward of food parcel recipients is shown below. All wards in the Bradford area, with the exception of Baildon, are in the top 40% most deprived wards of England. Eccleshill ward is in the top 10% most deprived, per the latest (2019) indices of deprivation.

Ward Vouchers fulfilled
2023-24 (2022-23)
Shipley 516 (532)
Windhill and Wrose 446 (491)
Eccleshill 369 (425)
Idle and Thackley 204 (159)
Heaton 193 (178)
Otley & Yeadon 171 (160)
Bolton and Undercliffe 153 (187)
Guiseley & Rawdon 153 (132)
Baildon 115 (134)
Others 441 (444)
No fixed address 90 (63)

Why:

When people receive a referral for a food parcel, they are asked the main reasons why they need one, to enable the foodbank and Trussell to address the most pressing reasons in appropriate ways.

Trussell altered the list of reasons in April 2023, both amending the options and allowing up to three options to be selected.

The increased cost of living is a factor in over 40% of fulfilled referrals, followed by debt (30%), health (26%) and benefits (23%). These are all areas where we offer support to clients through our Financial Inclusion programme, with debt an area we have expanded support for in response to this improved data.

Page 8 of 14

Registered Charity Number 1160060 | Registered in England and Wales

Reason group for referral
includes:
Vouchers fulfilled
Cost of Living 1205
Debt 855
Health 745
Benefits 653
Employment(change,loss) 161
Housing 102
No recourse to public funds 68

Referral partners:

We continue to be grateful for the efforts of our referral partners across the area. Over 200 different charities, agencies, schools, churches, healthcare services and more referred clients to us in the year.

The majority of referrals come from Help Through Hardship – a Trussell and Citizens Advice partnership, local advice services, medical centres and children’s centres. In the year, Job Centres were directed to stop making referrals to food banks, formerly one of our main referral partners.

100% of referrals were made through our e-referral system (2023: 98%), marking the complete transition away from the old paper-based system.

Top 10 referral sources, 2023-24:

Vouchers fulfilled
Referral Source 2023-24 (2022-23)
Help through Hardship 578 (489)
Windhill Advice Centre 277 (242)
BNFB-issued referrals 225 (349)
Job Centre Bradford 202 (323)
Shipley Baptist Church 93 (69)
Aireborough Childrens Centre 68 (17)
Shipley Medical Centre 55 (42)
Church on the Way 53 (54)
Gateway Centre 48 (51)
Equality Together 47 (13)

Page 9 of 14

Registered Charity Number 1160060 | Registered in England and Wales

FOOD DONATIONS

Total food donated in 2023-24 is 47 tonnes (2023: 63 tonnes). The significant decrease in donations is attributed primarily to food price inflation (19.1% at the start of the reporting period), which resulted in food purchases of 12 tonnes (2023: 4 tonnes) to keep up with demand. This had a significant financial impact, which can be seen in our accounts below, although a number of grants both large and small helped us to meet this need.

Maintaining a stable food supply and financing purchases where needed remains a priority for the trustees.

Our main food sources continued to be donations via (or from) supermarkets at 41% (2023: 43%) and local churches at 29% (2023: 24%).

The foodbank is incredible grateful for all those who donated food through the year, especially to those supermarkets, churches and businesses who hosted permanent donation points. Morrisons Idle, Sainsbury’s Greengates, Asda Shipley, Morrisons Guiseley and Co-op Saltaire are our most significant supermarket collection points, with Trinity Church Rawdon, St Peter’s Shipley, Thackley Methodist Church, St Paul’s Shipley and Shipley Baptist Church our most significant church donors.

We recorded food donations from 169 different sources through the year – this wide-ranging support helps sustain the service we offer.

FINANCIAL INCLUSION

Our welfare benefit advice service entered its second year in partnership Equality Together, Bradford Central Foodbank and Wyke Foodbank, offering one service across the Bradford district.

Significant financial gains were realised for our clients through the year, exceeding £0.5m. The partnership as a whole delivered £1.4m in financial gains, nearly triple the annual target.

This is down to the hard work of the team from Equality Together, who we are greatly thankful for. Some of these were as a result of work across many months.

Page 10 of 14

Registered Charity Number 1160060 | Registered in England and Wales

It is estimated that 10% of clients who have seen an advisor through the year no longer need to use the foodbank, a proportion we expect to see increase as more clients see their claims or applications through to a decision.

We continue to work with Equality Together to improve the project, which enters its third year from April 2024. This has included more proactive gathering of feedback from clients who use the service.

Financial Inclusion KPIs 2023-2024, Bradford North Foodbank only:

Annual Target Q1 Q2 Q3 Q4 YTD
New people 120 69 44 38 42 193
FI Gains £160,000 £202,000 £166,000 £99,000 £46,000 £513,000

Next steps

The foodbank has secured further grant funding to launch a second financial inclusion project, in this instance working with Citizens Advice Bradford to deliver housing, debt and asylum advice. This will be delivered from the three foodbank centres that do not currently have a face-to-face session with Equality Together and complement the service by offering different specialisms.

The key metric for this project will be debt management and write-offs.

Foodbank centres at St Lukes, Eccleshill and Christchurch, Windhill hosting this advisor are close to Shipley Baptist Church and Church on the Way, Idle, meaning clients in the Bradford wards of our area will have ready access to the advisor of their choice.

A more tailored solution is to be put in place at Trinity Church, Rawdon, including the hosting of city councillor drop-in surgeries and Citizens Advice.

CHRISTMAS FOOD

For Christmas 2023 we ran our Christmas food project directly through our foodbank centres, with all clients referred for a food parcel receiving a bag or two of Christmas foods and donated gifts.

These bags were prepared at our warehouse with the help of corporate volunteers and our referral partners issued vouchers through the standard referral route, with 712 people receiving a parcel through December.

VOLUNTEER PARTICIPATION

We continue to remain indebted to our wonderful team of volunteers, without whom we would not be able to operate. Our volunteer numbers increased to over 100 active volunteers for the first time in the year. Across our foodbank centres, the warehouse and the office we estimate

Page 11 of 14

Registered Charity Number 1160060 | Registered in England and Wales

that over 15,000 volunteer hours were given in the year. Collectively they support the running of the centres, stock management, administration and delivery.

Volunteer onboarding, support and training continues to be a focus of our work. Julie Stephens took on the role of volunteer co-ordinator, and our Signposting Co-ordinator Julie Rainer, supported by our Trussell Trust Area Manager continued to offer training workshops on our approach to signposting, supporting clients and the benefits system. Certified First Aid training was delivered to over 20 volunteers in mid-2024 and we offer certified Food Hygiene training which has seen increased uptake through the year.

Turnover of volunteers has reduced significantly in the past year. The foodbank staff and trustees put significant effort into supporting, training and helping volunteers to ensure the best quality of service can be delivered to our clients. We continue to recruit new volunteers through word of mouth and our social media platforms.

Financial Review

Income in the year to 31 March 2024 increased from £158k to £176k, driven by increased grant receipts, offsetting a fall in donations from groups. Individual donations increased slightly, within this there being a marked increase in regular donations which really help with forecasting.

Bar chart of comparing sources of income 2022/23 vs 2023/24:

Page 12 of 14

Registered Charity Number 1160060 | Registered in England and Wales

Expenses in the year to 31 March 2024 increased from £130k to £179k.

Additional paid staff (from 3 to 4) and total hours (from 76 to 96) was funded from grants and unrestricted reserves.

Purchased stock increased significantly, from £9.6k to £43k, although 70% of purchased stock was grant-funded. This value is expected to fall slightly in 2024-25 but it requires extensive work from staff and volunteers to sustain.

The overall deficit for the year was £3,493 (2023: surplus of £28,320).

Bar chart of comparing categories of expenditure 2022/23 vs 2023/24:

The foodbank held £206,511 (2023: £210,004) in funds at the end of the year, of which £55,689 (2023: £59,037) was restricted grant money.

Grants were received in the year from the Woodrow Family Trust, Sovereign Healthcare, the Keith Howard Foundation, Trussell Trust, Shipley Town Council, Sainsbury’s and Aldi.

Page 13 of 14

Registered Charity Number 1160060 | Registered in England and Wales

The approved budget for 2024-25 expects a deficit of £73,012, largely connected to the grant for the final year of the Financial Inclusion Project being paid in 2023-24 (£41,000). By the midyear (end September 2024) this deficit has reduced to £14,147 as further grant opportunities were realised.

The foodbank has a three-year business plan and expects its operations to be sustainable over this period. The trustees continue to work on grant funding opportunities, and are extremely grateful to those organisations who offered financial support, particularly Trussell who fully fund our Financial Inclusion programme and offer access to a range of other grant programmes.

Trustee Declaration

The trustees declare that they have approved the trustees’ report above.

Original signed on behalf of the charity’s trustees:

Trustee Name Signature Position
(Chair / secretary etc.)
Date
Ben Clymo Ben Clymo Chair 04/01/2025
Pete Criddle Pete Criddle Treasurer 04/01/2025

Page 14 of 14

Registered Charity Number 1160060 | Registered in England and Wales

Bradfo tlh INDEPENDENT EXAMINER'S REPORT ON THE ACCOUNTS I-7￿. . W-i.. Report to the trusteesl members of Bradford North Foodbank On accounts for the year ended 31st March 2024 Charity no (if any) 1160060 Set out on page{s) Respertlve rèsponsibllltles of The charFiVs trustees are responslble for the preparation of the accounts. The charlty's trustees and examlner trustees conslder that an èudlt is not requlred for thi5 year under sectlon 144 of the (hadtles Act 2011 (the CharTties Act) and that an independent examination Is needed. It Is my responsibility to: examine the accounts under Sec￿on 145 of the Charltles Act. to follow the procedures lald down in the general Directions 8lven by the Charity Commission (under section 14515llbl of the Charlties Act, and to state whether particular malters have come to my attentlon. Basls of Independent My examlnatlon was carrled out In accordance wlth general Dlrectlons glven by the Charity emamlnerfs statement Commission. An examlnatlon Indudes a r￿eW of the accountin8 record5 kept by the charity and a compari50n of the accounts presented with those records. It also Include5 conslderation of any unusual Items or disclosures In the a¢counts, and 5eeklng explanations from the trustees concemlng any such matters. The procedures undertaken do not provide 11 the ewdence that would be required In an audit, and consequentty no opinion is given as to whether the accounts present a 'true and fairf vlew and the report is limlted to those matter5 set out In the statement below. Independent emamlner's In connection with my ￿mInatIOn, no matter has come to my attentlon (oshep l. whlch glve5 me reasonable cause to believe that in, any materlal respect, the requirements.. to keep accounting records In acCOr(lan￿ wlth sertlon 130 of the Charltles Act,. and to prepare accounts whlth accord wlth the accountin8 records and comply wlth the accountlng requÉrements of the tharities Act have not been met,. or 2. to which. in my oplnlon. attentlon should be drdwn In order to enable a proper understsndin8 of the accounts to be reached. * Plet7se delete the words in the brackets If they do not applv. Signed: Date: Name: N)1 Relevant professlonal quallficatlon(s) or body (If any): Address: L SHAKJ LANJG &A(LOEh)S LCCOS Pag8 1

Only complete if the examiner needs to highlight material problems. Give here brfef detalls of any items that the examinerwlshes to disclose. P8p2

Bradford North Foodbank statement of Financial Actlvities Year Endlng 31 March 2024 Total 2024 Total 2023 Unrestricted Fund5 Restricted Funds Income from Char￿able a¢tlvStles Donations.. indiwduals Donation5'. groups Glft Aid recovered Grants OtherfundralsinE Bank interest Note 45.446 24,604 7,083 45.446 25.054 7.083 94.255 121 44.367 32.612 6,576 72,891 485 450 94.255 121 3,646 80,901 3,646 175,606 1.306 158.237 TOTAL RECEIPTS 94,705 Unrestricted Funds Resiricted Funds Total 2024 Total 2023 Detalls Note Hent & Service Charges Buildings (rates, utllltles, repairsl Phones & broadband 6.220 1,807 1,614 1,213 2.486 13.270 563 11,853 833 18.073 2,640 1,614 1,213 3,273 43,173 3,713 54.844 1,521 49,036 179.099 15,696 1,605 2,246 1,194 1,168 9,682 3.809 48,344 1,521 44,652 129,917 Insurance Offlce Admln 787 29,903 3,150 9,622 314 Items urcha5ed for d15tribution to clients .)lunteer expense5 Employèe costs Transportation Projects 45.222 1,208 7,443 81,045 41.593 98.054 TOTAL PAYMENTS 8At'.ANCE.SUMMARV". In Year Surplu51lDeficltl Balance Brought Forward.. Balance Carrled Forward on 31st March 2024 145 3.348 59.037 55,689 3A93 210,004 206.511 28.320 181,684 210,004 150,967 150.822 BAL.ADicE.CARRIED FoRMiArfD."REPBESÈNTED.8Y:.. Reserves Account.. CTro c(￿operat￿e Buslness Account Igenernl funds) worth De osit Fund hljoney held by Bradford Community Payro15 & Accounts Peity Cash 27.492 90,368 72.471 16.140 41 23.510 112.043 70,771 3,556 124 Payments pending 206.511 210,004 IN-"kiNtY'.GIFrs Glft vouchers- food rchases 425 425 TOTALVALUE OF IN-KIND GI￿, 42S RpnI¢trpr￿T1￿ Fnn1LrnLlM￿ Wules Puae

Bradford North Foodbank Statement of Flnanclal Activities Year Ending 31 March 2024 3110312024 3110312023 Mercedes Sprlnter Van Purchase Value: £38.482.80 IListpritr + comfort pock+pty lining. Excludes on-the-roodcosts und gruphlcsj Due to the low mlleage and lowweights transported we zssume our van will not depreciate as Tapidly as other similar vehicles. Therefore, to determine Its value for accountlng purp05e5. we use reducing value depreciation. Set at IO% of the original value per annum, as we do not know the lifetime of the van. 15,393 19,241 The flnar>clal statements on pages and signed on their behalf by: re approved by theTrustees. and authorfjsed for Issue on Name Iq- CrfL(IfyHAfkJ Posltlon rhrtri*v Jlpuiqtmtlnn thjmlkor.

Bradfo tlh INDEPENDENT EXAMINER'S REPORT ON THE ACCOUNTS I-7￿. . W-i.. Report to the trusteesl members of Bradford North Foodbank On accounts for the year ended 31st March 2024 Charity no (if any) 1160060 Set out on page{s) Respertlve rèsponsibllltles of The charFiVs trustees are responslble for the preparation of the accounts. The charlty's trustees and examlner trustees conslder that an èudlt is not requlred for thi5 year under sectlon 144 of the (hadtles Act 2011 (the CharTties Act) and that an independent examination Is needed. It Is my responsibility to: examine the accounts under Sec￿on 145 of the Charltles Act. to follow the procedures lald down in the general Directions 8lven by the Charity Commission (under section 14515llbl of the Charlties Act, and to state whether particular malters have come to my attentlon. Basls of Independent My examlnatlon was carrled out In accordance wlth general Dlrectlons glven by the Charity emamlnerfs statement Commission. An examlnatlon Indudes a r￿eW of the accountin8 record5 kept by the charity and a compari50n of the accounts presented with those records. It also Include5 conslderation of any unusual Items or disclosures In the a¢counts, and 5eeklng explanations from the trustees concemlng any such matters. The procedures undertaken do not provide 11 the ewdence that would be required In an audit, and consequentty no opinion is given as to whether the accounts present a 'true and fairf vlew and the report is limlted to those matter5 set out In the statement below. Independent emamlner's In connection with my ￿mInatIOn, no matter has come to my attentlon (oshep l. whlch glve5 me reasonable cause to believe that in, any materlal respect, the requirements.. to keep accounting records In acCOr(lan￿ wlth sertlon 130 of the Charltles Act,. and to prepare accounts whlth accord wlth the accountin8 records and comply wlth the accountlng requÉrements of the tharities Act have not been met,. or 2. to which. in my oplnlon. attentlon should be drdwn In order to enable a proper understsndin8 of the accounts to be reached. * Plet7se delete the words in the brackets If they do not applv. Signed: Date: Name: N)1 Relevant professlonal quallficatlon(s) or body (If any): Address: L SHAKJ LANJG &A(LOEh)S LCCOS Pag8 1

Only complete if the examiner needs to highlight material problems. Give here brfef detalls of any items that the examinerwlshes to disclose. P8p2

Bradford North Foodbank statement of Financial Actlvities Year Endlng 31 March 2024 Total 2024 Total 2023 Unrestricted Fund5 Restricted Funds Income from Char￿able a¢tlvStles Donations.. indiwduals Donation5'. groups Glft Aid recovered Grants OtherfundralsinE Bank interest Note 45.446 24,604 7,083 45.446 25.054 7.083 94.255 121 44.367 32.612 6,576 72,891 485 450 94.255 121 3,646 80,901 3,646 175,606 1.306 158.237 TOTAL RECEIPTS 94,705 Unrestricted Funds Resiricted Funds Total 2024 Total 2023 Detalls Note Hent & Service Charges Buildings (rates, utllltles, repairsl Phones & broadband 6.220 1,807 1,614 1,213 2.486 13.270 563 11,853 833 18.073 2,640 1,614 1,213 3,273 43,173 3,713 54.844 1,521 49,036 179.099 15,696 1,605 2,246 1,194 1,168 9,682 3.809 48,344 1,521 44,652 129,917 Insurance Offlce Admln 787 29,903 3,150 9,622 314 Items urcha5ed for d15tribution to clients .)lunteer expense5 Employèe costs Transportation Projects 45.222 1,208 7,443 81,045 41.593 98.054 TOTAL PAYMENTS 8At'.ANCE.SUMMARV". In Year Surplu51lDeficltl Balance Brought Forward.. Balance Carrled Forward on 31st March 2024 145 3.348 59.037 55,689 3A93 210,004 206.511 28.320 181,684 210,004 150,967 150.822 BAL.ADicE.CARRIED FoRMiArfD."REPBESÈNTED.8Y:.. Reserves Account.. CTro c(￿operat￿e Buslness Account Igenernl funds) worth De osit Fund hljoney held by Bradford Community Payro15 & Accounts Peity Cash 27.492 90,368 72.471 16.140 41 23.510 112.043 70,771 3,556 124 Payments pending 206.511 210,004 IN-"kiNtY'.GIFrs Glft vouchers- food rchases 425 425 TOTALVALUE OF IN-KIND GI￿, 42S RpnI¢trpr￿T1￿ Fnn1LrnLlM￿ Wules Puae

Bradford North Foodbank Statement of Flnanclal Activities Year Ending 31 March 2024 3110312024 3110312023 Mercedes Sprlnter Van Purchase Value: £38.482.80 IListpritr + comfort pock+pty lining. Excludes on-the-roodcosts und gruphlcsj Due to the low mlleage and lowweights transported we zssume our van will not depreciate as Tapidly as other similar vehicles. Therefore, to determine Its value for accountlng purp05e5. we use reducing value depreciation. Set at IO% of the original value per annum, as we do not know the lifetime of the van. 15,393 19,241 The flnar>clal statements on pages and signed on their behalf by: re approved by theTrustees. and authorfjsed for Issue on Name Iq- CrfL(IfyHAfkJ Posltlon rhrtri*v Jlpuiqtmtlnn thjmlkor.