Charity registration number: 1160705
Warwick District Foodbank
Annual Report and Financial Statements
for the Year Ended 31 December 2025
(as approved at AGM on 21 May 2026)
Contents
| Reference and Administrative Details | 2 |
|---|---|
| Trustees’ Report | 3 to 7 |
| Statement of Trustees' Responsibilities | 8 |
| Independent Examiner's Report | 9 |
| Statement of Financial Activities | 10 |
| Balance Sheet | 11 |
| Notes to the Financial Statements | 12 to 18 |
Warwick District Foodbank
Reference and Administrative Details
Trustees
Anthony John O’Brien Brian Cooper (resigned 16 January 2025)
Dr Peter John Montague Davis Mary Kathleen Briggs (resigned 16 October 2025) Rachel Joy Budd Donna Elizabeth Bloy Ella O’Brien Martin Wallis (appointed 10 April 2025) Sonali Datir (appointed 16 October 2025)
Other Officers
John Holmes – Treasurer / appointed Finance Officer 01 March 2025
Principal Office
Unit 8 Trident Business Centre, Trident Park Poseidon Way, Warwick Warwickshire. CV34 6SW
Charity Registration Number
1160705
Bankers
CAF Bank Limited 25, Kings Hill Avenue, Kings Hill, West Malling, Kent. ME19 4JQ
Independent Examiner
Michael Fairbotham FCA Independent Examiner 11, Simpkins Close, Weston under Wetherley Royal Leamington Spa, Warwickshire, CV33 9GE
page 2 of 18 as approved at AGM 21May26
Warwick District Foodbank
Trustees' Report for the year to 31 December 2025
1. Structure, Governance and Management
1.1. Governing Document
Warwick District Foodbank is a Charitable Incorporated Organisation (CIO). The trustees adopted a constitution on 1st March 2015 in accordance with the ‘foundation model’ published by the Charity Commission. The Warwick District Foodbank was established for charitable purposes for the public benefit and entered onto the Register of charities on 2nd March 2015 with the Registered charity Number 1160705. The current version of the Constitution is that as amended on 16[th] May 2024
1.2. Trustee Selection and Management
Warwick District Foodbank is managed by a Board of Trustees selected due to their broad range of relevant skills and strong endorsement of the organisation’s objectives. There are currently seven Trustees and the duty of members of the Board is as follows:
(a) to exercise their powers and to perform their functions as trustees of the charity in the way they decide in good faith would be most likely to further the purposes of the charity; and (b) to exercise, in the performance of those functions, such care and skill as is reasonable in the circumstances having regard in particular to:
-
any special knowledge or experience that they have or hold themselves out as having; and
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if they act as a Trustee of the charity in the course of a business or profession, to any special knowledge or experience that it is reasonable to expect of a person acting in the course of that kind of business or profession.
At the Annual General Meeting (AGM) of the Members of the charity, one-third of the trustees are required to retire from office. The vacancies so arising may be filled by the decision of the members at the AGM.
The Trustees held four Board meetings during 2025 to review performance and monitor the organisation’s progress in achieving objectives. At each meeting there was a key area of Focus, followed by standing items on Operations, Finance, Human Resources, Communications, and Safeguarding. The Operations Manager presented reports and Data Packs detailing food collected, food distributed, vouchers issued, the Financial Inclusion programme (see below) and other ad hoc issues for monitoring. The Treasurer / Finance Officer presented financial statements for each relevant period to ensure budgets and forecasts were understood and adhered to or amended appropriately; and the reports from the Board’s Finance Group . Other matters were considered as appropriate.
1.3. Related Organisations
Warwick District Foodbank is affiliated to the Trussell Trust (‘Trussell’) , a national charity based in Salisbury. Trussell runs the largest national network of food banks, giving emergency food and support to people in crisis across the UK. Warwick District Foodbank is proud to be part of Trussell ’s network.
page 3 of 18 as approved at AGM 21May26
Warwick District Foodbank
Trustees' Report for the year to 31 December 2025
1.4. Management of Risk
The Trustees have adopted a broad range of policies to manage and minimise risk. The policies include Health & Safety, Safeguarding, Financial Controls and Data Protection amongst others. The policies are reviewed annually by the Board of Trustees, who set in train a thorough review to revise and/or establish 18 policies by February 2025.
A thorough Risk Review was conducted by trustees and staff during the year. The Risk Register finalised in October included only one item with a ‘retained risk’ score of 12 (with the others all below 10 - out of 25) .
The Trustees, Staff and Volunteers are all offered training sessions covering differing aspects of running a foodbank. Some of the training is provided by Trussell by online participation.
2 . Objectives and Activities
2.1. Charitable objectives
To relieve persons in Warwick, Leamington Spa, Kenilworth and the surrounding area who are in financial hardship in such ways as the Trustees from time to time think fit, in particular, but not exclusively, by:
a) 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;
b) such other means, including but not limited to the provision of support, advice or signposting to relevant information and other advisory services and to provide such services with a Christian ethos, supported by churches in Warwick, Leamington Spa, Kenilworth and the surrounding area.
2.2. Activities
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Non-perishable in-date food is donated in supermarket collection boxes and through schools, churches, businesses and individuals.
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Food is weighed, sorted, logged and stored in our warehousing facilities.
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Frontline professionals (partner agencies) identify people in need (our clients) and issue a unique voucher. Anyone in need can be referred, regardless of race, creed or any other factor.
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Clients present their voucher at one of our distribution centres while meeting with a trained volunteer or session leader.
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Clients receive a three-day emergency food parcel.
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We seek to signpost clients to care agencies, advice services and other support agencies to help resolve their immediate crisis. Our Financial Inclusion Project (see below) provides dedicated advice and help to our clients.
page 4 of 18 as approved at AGM 21May26
Warwick District Foodbank
Trustees' Report for the year to 31 December 2025
2.3. Public Benefit Statement
The Trustees confirm that they have complied with their duty to have due regard to the guidance on public benefit published by the Charity Commission in exercising our powers and duties.
3. Achievements and Performance
3.1. Summary and Achievements
We have been pleased to see that the 6,406 clients we served in 2025 was 9% lower than the 7,025 in 2024 (or the 9,162 in 2023). These included 4,512 adults (4,931 / 6,076) and 1,894 children (2,094 / 3,086). First time referrals at 745 were also lower (than 800 and 906).
The £151k worth of food & essentials which we distributed in 2025 was 4% higher than the £144k in 2024. Some two thirds of the donations continue to come from supermarkets, 11% from education institutions, 8% from churches, 6% from corporates and from individuals. We only needed to purchase 199 kg ourselves in 2025 (856 kg in 2024).
We continued to distribute from our six centres - in St Mary’s Church, St Paul’s Church, Saltisford Church Warwick, Myton Church (Westbury centre), Heathcote Parish Church, and – Lillington plus our home delivery service in Kenilworth. All except Heathcote and Kenilworth saw a reduction in parcels distributed in 2025. We believe that Heathcote continues to benefit from its move to the Parish Church in February 2024 and the switch to a later time. We are extremely grateful to all our church partners who host our centres; and provide some form of café & chat service for our clients and other community guests.
We are also extremely grateful for the tremendous efforts of our staff team and volunteers. We currently have some 90 volunteers on our books, ranging in age from 85 to 20 years old. Our Warehouse Manager leads a very impressive, efficient operation with staff and – volunteers beavering away in a most positive atmosphere - to ensure smooth collection and delivery services to all centres. Our Session Leaders coordinate their teams of volunteers in our Centres and have developed a welcoming family atmosphere which communicates itself to our very appreciative clients. Our operations team ensures that all runs smoothly and the charity is on track.
– And of course we are extremely grateful to all the local people, supermarkets, churches especially our 16 (now 17) partner churches, organisations, and businesses for their continuing generosity in donating food and money.
Our new Financial Inclusion service in partnership with Citizens Advice South Warwickshire (CASW) completed its first full year in September 2025. This service helps us move towards our aim of ensuring our food bank is not needed in the future by helping people in our area to escape from food poverty. CASW provides a dedicated, experienced, local, full-time staff member who attends each and every one of our food distribution centres on a regular basis. Staff and volunteers as well as clients continue to value her local knowledge and contacts.
page 5 of 18 as approved at AGM 21May26
The total financial gains achieved in the year far exceeded the annual cost of the service to us; as did the debt managed and the debt written off for clients. The cost to us of the CASW contract is almost entirely covered by a two-year grant from Trussell (which ends in September 2026). Most important is that 79 clients in the first year were considered likely to no longer need to use food banks. This drives us towards our vision!
This table summarises the key metrics of our Financial Inclusion service in 2025:
| Note: Year 1 of service was Oct24→Sep25 |
Jan→ March 2025 (Y1 Q2) |
Apr→ June 2025 (Y1 Q3) |
July→ Sep 2025 (Y1 Q4) |
Oct→ Dec 2025 (Y2 Q1) |
|---|---|---|---|---|
| Cost to WDF | £11,688 | £11,688 | £11,688 | £11,688 |
| Number of new clients / or re-engaged / re-referred |
64 | 47 | 63 | 54 |
| Number of advice issues | 950 | 632 | 882 | 674 |
| Total financial gains achieved (for numberofclients): |
£45,913 (24) |
£57,021 (26) |
£58,365 (21) |
£159,825 (43) |
| Total amount of Debt managed (for number of clients) |
£97,055 (14) |
£34,765 (8) |
£32,385 (9) |
£ 18,226 (5) |
| Total amount of Debt written off (by caseworker and/or CA debt team) |
£38,855 | £27,816 | £63,109 | £ 7,181 |
| Clients likely tono longer need to use foodbank (assuming theyfully engage) |
29 | 30 | 42 | 25 |
3.2. Performance
Statistics for 1st January 2025 to 31st December 2025 full year:
| Year : | 2025 |
2024 | 2023 |
|---|---|---|---|
| Clients fed (total): | 6,406 | 7,025 | 9,148 |
| children: | 1,894 |
2,094 | 3,083 |
| adults: | 4,512 |
4,931 | 6,065 |
| First time referrals: | 745 |
800 | 906 |
Food parcels distributed per Centre in 2025 , 2024 and 2023:
| Centre | 2025 | 2024 | 2023 |
|---|---|---|---|
| St Mary’s | 1,549 | 1,768 | 2,411 |
| Saltisford | 1,346 | 1,385 | 2,137 |
| St Paul’s | 1,257 | 1,518 | 1,788 |
| Lillington | 681 | 739 | 1,024 |
| Heathcote | 630 | 529 | 443 |
| Westbury | 579 | 745 | 837 |
| Kenilworth (home) | 359 | 333 | 515 |
The five most common reasons for clients visiting Warwick District Foodbank in 2025 (2024 ):
| Reason for visit | % of total share |
|---|---|
| Rising cost of essentials (low income) | 35 (32) |
| Priority debt | 22 (19) |
| Long term health condition | 19 (9) |
| Cost of dependents has increased | 12 |
| Unexpected expenses | 8 |
page 6 of 18 as approved at AGM 21May26
Warwick District Foodbank
Trustees' Report for the year to 31 December 2025
3.3 Financial Performance .
Although 2025 saw a net deficit of £7,998 this was significantly better than the 2024 deficit of £25,279 and better than the budgeted 2025 deficit of £15k.
Our £43k (15%) increase in income – from £293k in 2024 to £336k in 2025 – was very largely due to the increase in the grants we secured. Along with an additional £6k in the value of food received and £4k of gift aid recovered.
Meanwhile the £25k (8%) increase in expenditure – from £318k to £344k – was due mainly to £11k on staff costs (including our new Finance Officer post); £7k on operating costs and £3k on vehicle costs.
3.4 Staffing and other developments
December 2025 saw the retirement of Andy Bower, Operations Manager since 2013. A suitable farewell was arranged at which tributes were paid – and memories shared – by former Chairs, Trussell and other foodbank colleagues, and by our MP Matt Western, who ga ve Andy his individual MP’s community award.
Trustees meanwhile recruited a new Head of Foodbank who started on 12[th] January 2026.
We transformed our May 2025 AGM into a ‘Meet the Team’ event. A wide range of invited staff, volunteers and guests heard from eight individuals who were informally interviewed by our Chair about their perceptions of different aspects of the food bank ’s work and impact.
4. Goals and Objectives for 2026
In 2026 we will identify funding to secure the future of our Financial Inclusion programme so we can provide more advice to a wider range of our clients to help them out of food poverty.
We will also seek to partner with others in our community so we can end hunger together. To do this, we will raise awareness of the issues, improve our communications, reach out to more partners, engage with more companies, agencies, charities and institutions.
We will also seek to encourage more regular donations, bring in more member churches, and explore potential for new multi-partner programmes to address wider issues of poverty.
We will be prepared to joint-fund significant initiatives and projects using our reserves.
– – Approved by the Trustees on 23 April 2026 and at the AGM on 21 May 2026
and signed on their behalf by:
A J O’Brien
Anth ony O’Brien
Chair of the Board of Trustees
page 7 of 18 as approved at AGM 21May26
Warwick District Foodbank
Statement of Trustees' Responsibilities
The trustees are responsible for preparing the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.
The law applicable to charities requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period.
In preparing these financial statements, the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the constitution. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company’s website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
page 8 of 18 as approved at AGM 21May26
Warwick District Foodbank
Independent Examiner's Report to the trustees of Warwick District Foodbank
I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 December 2025 which are set out on pages 10 to 18.
Respective responsibilities of trustees and examiner
As the charity’s trustees of Warwick District Foodbank, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the Warwick District Foodbank's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner’s statement
Since Warwick District Foodbank's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a fellow of the Institute of Chartered Accountants of England & Wales, which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of Warwick District Foodbank as required by section 130 of the Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view' which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Michael Fairbotham FCA Independent Examiner
11, Simpkins Close Weston under Wetherley Royal Leamington Spa, Warwickshire. CV33 9GE
23[rd] April 2026
page 9 of 18 as approved at AGM 21May26
Warwick District Foodbank
Statement of Financial Activities for the Year Ended 31 December 2025
| Unrestrict | |
|---|---|
| ed Restricted Total |
|
| funds funds 2025 |
|
| Note | £ £ £ |
| Income and Endowments from: | |
| Donations and legacies 2 |
319,984 6,857 326,841 |
| Investment income | 9,593 24 9,617 |
| Total income | |
| 329,577 6,881 336,458 |
|
| Expenditure on: | |
| Charitable activities | (334,270) (10,186) (344,456) |
| Total expenditure | |
| (334,270) (10,186) (344,456) |
|
| Net expenditure | |
| (4,693) (3,305) (7,998) |
|
| Net movement in funds | |
| (4,693) (3,305) (7,998) |
|
| Reconciliation of funds | |
| Total funds brought forward | |
| 425,041 5,123 430,164 |
|
| Total funds carried forward 10 |
|
| 420,348 1,818 422,166 |
|
| Unrestrict Restricted Total |
|
| ed funds funds 2024 |
|
| Note | £ £ £ |
| Income and Endowments from: | |
| Donations and legacies | 282,038 3,316 285,354 |
| Investment income | 7,833 - 7,833 |
| Total income | |
| 289,871 3,316 293,187 |
|
| Expenditure on: | |
| Charitable activities | (311,064) (7,401) (318,465) |
| Total expenditure | |
| (311,064) (7,401) (318,465) |
|
| Net income | |
| (21,193) (4,085) (25,278) |
|
| Net movement in funds | |
| (21,193) (4,085) (25,278) |
|
| Reconciliation of funds | |
| Total funds brought forward | |
| 446,234 9,208 455,442 |
|
| Total funds carried forward 10 |
|
| 425,041 5,123 430,164 |
All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2025 is shown in note 10.
page 10 of 18 as approved at AGM 21May26
Warwick District Foodbank
(Registration number: 1160705)
Balance Sheet as at 31 December 2025
| 2025 | 2024 | |||
|---|---|---|---|---|
| Note | £ | £ | ||
| Fixed assets | ||||
| Tangible assets | 6 | 8,979 | 12,961 | |
| Investments | 7 | |||
| 8,979 | 12,961 | |||
| Current assets | ||||
| Debtors | 8 | 6,508 | 6,917 | |
| Cash at bank and in hand | 445,270 | 456,544 | ||
| 451,778 | 463,461 | |||
| Creditors: Amounts falling due within oneyear | 9 | (38,591) | (46,258) | |
| Net currentassets | 413,187 | 417,203 | ||
| Netassets | 422,166 | 430,164 | ||
| Funds of the charity: | ||||
| Restricted income funds | ||||
| Restricted funds | 1,818 | 5,123 | ||
| Unrestricted income funds | ||||
| Unrestricted funds | 420,347 | 425,041 | ||
| Total funds | 10 | 422,166 | 430,164 | |
| - |
The financial statements on pages 10 to 18 were approved by the trustees, and authorised for issue on 23 April 2026 and signed on their behalf by:
A J O’Brien
......................................... Anthony O'Brien Chair of Trustees
page 11 of 18 as approved at AGM 21May26
Warwick District Foodbank
Notes to the Financial Statements for the Year Ended 31 December 2025
1 Accounting policies
Statement of compliance
The financial statements have been prepared in accordance with the second edition of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
Basis of preparation
Warwick District Foodbank meets the definition of a public benefit entity under FRS 102. The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
Exemption from preparing a cash flow statement
The charity opted to adopt Bulletin 1 published on 2 February 2016 and have therefore not included a cash flow statement in these financial statements.
Going concern
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
Income and endowments
Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.
Donations and legacies
Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured.
Grants receivable
Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.
Gifts in Kind
Gifts in kind are recognised in different ways dependent on how they are used by the charity;
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(i) Those donated for onward transmission to beneficiaries, such as food and similar items, are included in the Statement of Financial Activities as incoming resources and resources expended when they are distributed. They are valued at the amount the charity would have had to pay to acquire them.
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(ii) Those donated for use by the charity itself, such as when a church donates space or the time of an employed lay worker to act as a session leader, are included when receivable. They are valued at the amount the charity would have had to pay to acquire them. Where a donor provides otherwise redundant storage space no value is attributed as there is effectively no cost to the donor.
page 12 of 18 as approved at AGM 21May26
Expenditure
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading which aggregates similar costs to that category. Where costs cannot be directly attributed to particular headings, they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.
Charitable activities
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Taxation
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
Tangible fixed assets
Individual fixed assets costing £100.00 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation and amortisation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
| Asset class | Depreciation method and rate |
|---|---|
| Computer Equipment | 33.33% straight line |
| Office Equipment | 20.00% straight line |
| Motor Vehicles | 25.00% straight line |
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Trade creditors
These are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the charity does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least 12 months after the reporting date, they are presented as non-current liabilities. Liabilities are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
Fund structure
General Fund Designated Funds - Financial Inclusion Fund Warehouse Fund Restricted Funds - Vehicle Costs Vehicle Capital
page 13 of 18 as approved at AGM 21May26
Financial instruments
Classification
Financial assets and financial liabilities are recognised when the charity becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the charity after deducting all of its liabilities.
Recognition and measurement
All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Financial assets and liabilities are only offset in the statement of financial position when, and only when, there exists a legally enforceable right to set off the recognised amounts and the charity intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.
Financial assets are derecognised when and only when a) the contractual rights to the cash flows from the financial asset expire or are settled, b) the charity transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or c) the charity, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.
Financial liabilities are derecognised only when the obligation specified in the contract is discharged, cancelled or expires.
page 14 of 18 as approved at AGM 21May26
Warwick District Foodbank
Notes to the Financial Statements for the Year Ended 31 December 2025 (continued)
2. Income from donations and legacies
| Unrestricted funds General £ |
Restricted funds £ |
Total funds £ |
|
|---|---|---|---|
| Donated food (£144,418 in 2024) | 150,451 | 150,451 | |
| Donations from companies, trusts, local community grants, local and similar proceeds |
42,952 | 3,239 | 46,191 |
| Grants from other charities | 68,639 | 0 | 68,639 |
| Donations and legacies | 57,288 | 3,618 | 60,906 |
| Total for 2025 | 319,330 | 6,857 | 326,187 |
| Total for 2024 | 282,038 | 3,316 | 285,354 |
3 Trustees’ remuneration and expenses No trustees, nor any persons connected with them, have received any remuneration from the charity during the year. No trustees have received any reimbursed expenses or any other benefits from the charity during the year.
4 Staff costs
The aggregate payroll costs were as follows:
| 4 Staff costs The aggregate payroll costs were as follows: |
|
|---|---|
2025 |
2024 |
| £ | £ |
| Wages and salaries 79,494 |
|
| 70,372 |
The monthly average number of persons (including senior management / leadership team) employed by the charity during the year, expressed as full-time equivalents, was as follows:
| 2025 2024 |
|
|---|---|
| Number Number |
|
| Employees | 2.5 2.4 |
No employee received emoluments of more than £60,000 during the year.
5 Taxation
The charity is a registered charity and is therefore exempt from taxation.
page 15 of 18 as approved at AGM 21May26
Warwick District Foodbank
Notes to the Financial Statements for the Year Ended 31 December 2025 (continued)
| 6 Tangible fixed assets |
6 Tangible fixed assets |
|---|---|
| Furniture and equipment Motor vehicles Total |
|
£ |
£ £ |
| Cost | |
| At 1 January 2025 4,203 |
27,048 31,251 |
| Additions 1,268 |
- 1,268 |
| At 31 December 2025 5,471 |
|
| 27,048 32,519 |
|
| Depreciation | |
| At 1 January 2025 2,267 |
16,023 18,290 |
| Charge for theyear 525 |
4,725 5,250 |
| At 31 December 2025 2,792 |
|
| 20,748 23,540 |
|
| Net book value | |
| At 31 December 2025 2,679 |
|
| 6,300 8,979 |
|
| At 31 December 2024 1,936 |
|
| 11,025 12,961 |
|
| 7 Fixed asset investments |
|
| 8 Debtors |
|
| 2025 2024 |
|
| £ £ |
|
| Prepayments | 1,378 2,997 |
| Other debtors | 5,130 3,920 |
| 6,508 6,917 |
|
| 9 Creditors: amounts falling due within one year |
|
| 2025 2024 |
|
| £ £ |
|
| Trade creditors | 301 4,447 |
| Other taxation and social security | 700 658 |
| Financial Inclusion Funding | 33,399 41,004 |
| Other creditors | 4,191 150 |
| 38,591 46,259 |
page 16 of 18 as approved at AGM 21May26
Warwick District Foodbank
Notes to the Financial Statements for the Year Ended 31 December 2025 (continued)
| 10 Funds |
||||
|---|---|---|---|---|
| Balance at | ||||
| Balance at 1 | Incoming | Resources | 31 December | |
| January 2025 | resources | expended | 2025 | |
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| General | 287,670 | 279,993 | (247,471) | 320,192 |
| Designated | 137,371 | 49,020 | (86,236) | 100,156 |
| Total unrestricted funds | 425,041 | 329,013 | (333,706) | 420,348 |
| Restricted funds | 5,123 | 6,881 | (10,186) | 1,819 |
| Total funds | 430,164 | 335,894 | (343,892) | 422,166 |
| Balance at | ||||
| Balance at 1 | Incoming | Resources | 31 December | |
| January 2024 | resources | expended | 2024 | |
| £ | £ | £ | £ | |
| Unrestricted | ||||
| General | 303,092 | 289,871 | (305,293) | 287,670 |
| Designated | 143,142 | (5,771) | 137,371 | |
| Total unrestricted | 446,234 | 289,871 | (311,064) | 425,041 |
| Restricted | 9,208 | 3,316 | (7,401) | 5,123 |
| Total funds | 455,442 | 293,187 | (318,465) | 430,164 |
11 Analysis of net assets between funds
| Unrestricted funds Total funds at |
|
|---|---|
| General Designated Restricted 31 December |
|
| funds 2025 |
|
| £ £ £ £ |
|
| Tangible fixed assets | 8,989 8,979 |
| Current assets | 399,172 49,463 3,143 451,778 |
| Current liabilities | (5,192) (33,399) (38,591) |
| Total net assets | |
| 402,959 16,064 3,143 422,166 |
page 17 of 18 as approved at AGM 21May26
Warwick District Foodbank
Notes to the Financial Statements for the Year Ended 31 December 2025 (continued)
| Restricted Total funds at 31 December funds £ 2024 £ 1,816 12,961 3,307 463,461 - (46,258) 5,123 430,164 at 01 January 2025 £ at 31 December 2025 £ 456,545 445,270 456,545 445,270 at 01 January 2024 £ at 31 December 2024 £ 422,688 456,544 422,688 456,544 |
|
|---|---|
| Unrestricted funds | |
| General Designated |
|
| £ £ |
|
| Tangible fixed assets 11,145 - |
|
| Current assets 331,646 128,508 |
|
| Current liabilities (5,255) (41,003) |
|
| Total net assets 337,536 87,505 |
|
| 12 Analysis of net funds |
|
| Cash at bank and in hand | |
| Net debt | |
| Cash at bank and in hand | |
| Net debt |
page 18 of 18 as approved at AGM 21May26