Gateshead foodb AGM Report- 2022 - 2023 ## **Chair’s Report April 2022 to March 2023** On behalf of the trustees, I would like to thank all of our volunteers, together with our project manager and steering group members who continue to do an amazing job serving people in Gateshead and working tirelessly to ensure food and support continues to be available for those in most need. We are very grateful for all food donations and financial support that help us to do this. We also acknowledge the work and continued support of our referral agencies. ## **Our mission is to provide emergency food parcels to local individuals/families in crisis and to offer care and ongoing support to help them to maximise their income.** Gateshead Foodbank Objectives -  To provide an accessible and sustainable system of nutritional food provision, to meet demand across Gateshead. -  Identify and refer people who use foodbank for financial inclusion support to maximise their income. -  To work in partnership with stakeholders to plan the future delivery of the service. The cost of living crisis has hit the North East of England hardest, with the largest percentage increase (53%) in the number of parcels distributed in 2022/23 compared to the same period last year across the regions. We have fed 9671 people in Gateshead, and we continue to see demand rising as more and more people struggle to afford the essentials that we all need to get by. We have seen a drop in food donations, and we are buying food every week to meet demand. Gateshead Foodbank have received 3 years funding from Trussell Trust to purchase the services of a Social Welfare Advisor to tackle the underlying drivers of poverty. At the end of our first year, this service has achieved outstanding financial gains of £267,075 for 354 people. We look forward to the second year to provide more support for those in need. Jackie Beeley Chair Gateshead Foodbank ## **Gateshead Distribution Centre Report April 2022- March 2023** After an especially busy year throughout the three distributions centres, we would like to thank all team leaders and the 98 distribution centre volunteers, who manage the 7 sessions we have at Gateshead, Blaydon and Birtley. They create a safe and welcoming space for those collecting their emergency food parcels. Together, the distribution centres and volunteers have made a real difference to those people’s lives who struggle to afford basic essentials. The foodbank users, not only receive an emergency food parcel, but also have access to an active listening ear within a non-judgmental environment. Volunteers signpost and refer those who need advice, including financial to relevant support agencies. The foodbank distribution sessions would not be possible without you all. We would like to thank all involved in our continued partnership with Blaydon and Birtley Methodist Churches and the reception staff at Gateshead Citizens Advice (who greet and manage those attending Gateshead Distribution). The distributions centres have experienced a 97% increase in individuals accessing emergency food provision and this has been an immensely busy period and stretching all resources. In this period, we fed 9,671 in total, with a mix of families and single people receiving standard emergency food parcels. We try to ensure we can meet as many dietary requirements as possible, depending on donations; and offer Halal, vegetarian, gluten free options and alternative milk. We have seen an increase in handing out kettle trays to those who have no access to cooking facilities, they are an option for those residing in hotels, or who are homeless and sofa surfing. Thanks to kind donations, people also receive extras, sweet and savoury, frozen food, and bread which is donated by Warburtons. Gateshead distribution also have fruit and vegetables in partnership with Passion for Fruits. Toiletries are also provided by donations received as well as kind donations from The Hygiene Bank. We provide much appreciated Dog and Cat food when available. We are very grateful and give thanks to all those who donate the “extras”. ## **Overall numbers fed:** |**Food Bank Centre**|**No.**
**vouchers**
**fulfilled**|**Adults**|**Children**|**Total**| |---|---|---|---|---| |Birtley Distribution|251|390|206|596| |Blaydon Distribution|308|488|277|765| |Gateshead Distribution|3874|5357|2953|8310| |**Total**||||**9671**| ## **Referral Partners - Referrals Made: 4433** In this period, we had 75 different referral agencies, issuing Red (paper) vouchers and E vouchers. We are supporting referral agents to move over to E referral only. We have continued to deliver our monthly “New Referrers” Meeting, for agencies who would like to become a referral partner or to build up more knowledge about the Foodbank, increasing our network and community working together. We continue to make referrals for those people accessing the foodbank who need further support to the following agencies: Northumbrian Water, Citizens Advice and their Advisors - Energy Team and the Salvation Army for preloved winter coats and shoes for the new school term. ## **Financial Inclusion Partners** From July 2022 all distributions centres had access and resources from the new Financial Inclusion Team. They have been able to offer much needed advice and support, with evidence clearly showing substantial financial gains for individuals who have been referred. From July 2022 to March 2023 the Financial Inclusion Team received 365 referrals for advice and support. As part of an individual’s support package, SIM cards from Vodaphone were on offer with 20Gb of data and unlimited calls/texts for 6 months. 74 individuals received a top up energy fuel voucher worth £54. Over a three-week period in December 2022, we gave out 382 Christmas hampers across all 3 distribution centres and £1,500 Tesco’s vouchers at Gateshead distribution and £500 Morrison vouchers to Blaydon and Birtley distribution. Individuals and families were able to purchase whatever they needed with the vouchers, giving them choices, as well as their Christmas hamper. This was all possible through kind food donation, monetary donation, and finances from part of Trussell Trust’s Winter Support Grant. With Many Thanks to all our referral partners and support agencies. Lesleyann Watson – Project Manager ## **Warehouse Report 2022-2023** It seems rather perverse reporting a record year, but 2022-23 was indeed a record year with the Foodbank distributing 9,671 emergency food parcels to Gateshead’s people facing hardship. In warehouse terms that means we have handled over 250 tonnes of food, 130 tonnes Out and 126 tonnes In. Our supporters continue to generously donate at a range of places, such as schools, churches, and businesses, as well as supermarket collection points. However, these donations are not currently keeping pace with the increased need, and this means that we are having to bulk purchase food and other essentials. The table below amply demonstrates this fact and shows that in the year we had to purchase over 50% of our food. |**Donation Type **|**Kg**|**%**| |---|---|---| |Churches|7,501|6%| |Corporate|5,964|5%| |CommunityGroups|11,245|9%| |Supermarkets(PCP & Collections)|34,794|28%| |Purchased|66,322|53%| |**Total**|**125,825**|| We can only see this reliance on bulk purchasing continuing and indeed we are now buying upwards of 75% of our food requirements and in certain cases 100%. This is only possible with the support of those donors who regularly give us cash donations in lieu of food. The following table shows our top 10 donors which are dominated by, and show the importance of, the supermarket collection points. Huge thanks to all that have donated and special thanks to the Primrose Hill Low Fell Community who donated 1.7 tonne in the year and a magnificent 6.1 tonne cumulatively. |**Donor name**|**Donor type**|**Stock in**
**(kg)**|**Stock in (% of**
**total)**| |---|---|---|---| |Tesco Gateshead TrntyExtra|Supermarket|14,681|24.67%| |Asda Gateshead|Supermarket|8,588|14.43%| |Anon|Individual(s)|2,350|3.95%| |Aldi|Supermarket|1,722|2.89%| |Primrose Hill Low Fell Community|Community group|1,716|2.88%| |Heron Foods|Supermarket|1,325|2.23%| |Lintz Hall Farm|Corporate|990|1.66%| |Parish of High Spen & Rowlands Gill|Church|816|1.37%| |St Marys Church Whickham|Church|759|1.28%| |St Mary's C of E Heworth|Church|728|1.22%| On the distribution side, of the 130 tonnes distributed 121.5 tonnes was to our distribution centres as the following table shows. |**Distribution Centre**|**Kg**|**%**| |---|---|---| |Gateshead|103,489|85%| |Blaydon|10,304|8%| |Birtley|7,802|6%| |**Total**|**121,594**|| We simply could not do what we do without our incredible volunteers who give their time, skills and compassion. They have had to make adaptations and operational changes this year to meet significant increases in need. On behalf of my fellow trustees, thank you to all. ## **Rob Brotherston** ## **Warehouse** ## **Manager** **Charity Registration No. 1161395** ## **GATESHEAD FOODBANK** **ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS** **FOR THE YEAR ENDED 31 MARCH 2023** ## **GATESHEAD FOODBANK** ## **LEGAL AND ADMINISTRATIVE INFORMATION** ## **Trustees Charity number** **Independent examiner** Jonathan Conlon Steven Caithness Robert Brotherston Carol Thompson Don Sinclair Jackie Beeley Mr John Smith 1161395 TC Group A6 Kingfisher House Kingsway Team Valley Trading Estate Gateshead Tyne and Wear NE11 0JQ **GATESHEAD FOODBANK** ## **CONTENTS** ||**Page**| |---|---| |Trustees' report|1 - 2| |Independent examiner's report|3 - 4| |Statement of financial activities|5| |Balance sheet|6| |Statement of cash flows|7| |Notes to the financial statements|8 - 16| _**FOR THE YEAR ENDED 31 MARCH 2023**_ ## **GATESHEAD FOODBANK** ## **TRUSTEES' REPORT** The trustees present their report and financial statements for the year ended 31 March 2023. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's constitution, the Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). ## **Objectives and activities** The purpose of the charity is to prevent or relieve poverty in Gateshead by providing food and support to individuals in need and or charities or other organisations working to prevent or relieve poverty. The strategies employed to achieve the charity’s aims and objective is to operate weekly food banks for people in need. Donations of food are collected and distributed to people referred into Gateshead Foodbank by professional and voluntary organisations working in Gateshead. In shaping the objectives for the period and planning activities, the trustees have considered the Charity Commission’s guidance on public benefit. The trustees are confident the activities meet the guidance. ## **Achievements and performance** The charity is run mainly by volunteers. Funding from the Trussell Trust enabled the employment of a Manager halfway through the year. The total number of regular volunteers is 100. They gave 12,569 hours (2022 - 15,374 hours) of their time during the year. The volunteers worked in the warehouse, distribution centres, collecting from supermarkets and administration. Volunteers attended events and trustees meetings in the period. The volunteers’ contribution in financial terms if each hour was paid in accordance with the new National Living wage is £119,406 (2022 - £136,982). During the year 9,766 people (2022 - 3,344 people) were provided with food parcels. Within those figures 3,433 (2022 - 1,543) were children. The weight of food taken in was 129,310 kilograms. Over 130,000 kilograms was distributed. Without help and generosity from individuals and organisations as well the number of food parcels would not have achieved the numbers to meet the needs of people in crisis within the community. If five kilograms of food equals £11.85 the monetary value of donated food is over £300,000. The logistics of dealing with the quantity with collection storage and distribution have to be planned carefully to avoid spoilage through damage or out of date products. The Foodbank has to ensure the range of food at the distribution centres is such that users with special dietary requirements are not turned away or leave with less food than they need. The Trussell Trust provided a further £18,000 to facilitate continued employment of a Project Manager. - 1 - ## **GATESHEAD FOODBANK** ## **TRUSTEES' REPORT (CONTINUED)** ## _**FOR THE YEAR ENDED 31 MARCH 2023**_ ## **Financial review** Monetary donations amounted to £217,569 (2022 - £131,556) from regular gifts to one-off donations. A total of £63,259 was received from The Trussell Trust. Additional funding was received from Gateshead MBC and Community Foundation at Tyne and Wear, Northumberland and Durham. The costs of operating were £223,685 (2022 - £120,033). The bank balance at the year end was £461,153 (2022 - £381,284). The trustees has assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks. ## **Structure, governance and management** The charity is a company limited by guarantee .... . The trustees who served during the year and up to the date of signature of the financial statements were: Jonathan Conlon Steven Caithness Robert Brotherston Carol Thompson Don Sinclair Jackie Beeley Mr John Smith The trustees meet on a regular basis to review finances how the charity is performing and to strategise for the future. New trustees are recruited by way of recommendation and are provided with training in the charity’s operations when joining the board of trustees. Trustees are not remunerated for the work they carry out for the charity. The trustees' report was approved by the Board of Trustees. ## **Mr John Smith** Trustee Dated: 31 July 2023 - 2 - ## **GATESHEAD FOODBANK** ## **INDEPENDENT EXAMINER'S REPORT** ## **TO THE TRUSTEES OF GATESHEAD FOODBANK** I report to the trustees on my examination of the financial statements of Gateshead Foodbank (the charity) for the year ended 31 March 2023. ## **Responsibilities and basis of report** As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act). I report in respect of my examination of the charity’s financial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. ## **Independent examiner's statement** Since the charity’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 member of Institute of Chartered Accountants in England and Wales, which is one of the listed bodies. Your attention is drawn to the fact that the charity has prepared financial statements in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn. I understand that this has been done in order for financial statements to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: - 1 accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or - 2 the financial statements do not accord with those records; or - 3 the financial statements do not comply with the applicable 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 financial statements to be reached. Rebecca Davison ACA A6 Kingfisher House Kingsway Team Valley Trading Estate Gateshead Tyne and Wear - 3 - ## **GATESHEAD FOODBANK** ## **INDEPENDENT EXAMINER'S REPORT (CONTINUED)** **TO THE TRUSTEES OF GATESHEAD FOODBANK** NE11 0JQ Dated: 31 July 2023 - 4 - ## **GATESHEAD FOODBANK** ## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT** ## _**FOR THE YEAR ENDED 31 MARCH 2023**_ |**Unrestricted**
**Restricted**
**funds**
**funds**
**2023**
**2023**
**Notes**
**£**
**£**
**Income and endowments from:**
Donations and legacies
**2**
567,486
53,136
Investments
**3**
326
-
Other income
**4**
3,470
-
**Total income**
571,282
53,136
**Expenditure on:**
Charitable activities
**5**
500,490
84,084
**Net**
**incoming/(outgoing)**
**resources before**
**transfers**
70,792
(30,948)
Gross transfers between
funds
(21,948)
21,948
**Net income/(expenditure) for**
**the year/**
**Net movement in funds**
48,844
(9,000)
Fund balances at 1 April
2022
456,217
9,000
**Fund balances at 31**
**March 2023**
505,061
-|**Total** Unrestricted
Restricted
funds
funds
**2023**
2022
2022
**£**
**£**
**£**
620,622
388,241
18,000
326
-
-
3,470
1,114
-
624,418
389,355
18,000
584,574
299,136
13,896
39,844
90,219
4,104
-
(4,896)
4,896
39,844
85,323
9,000
465,217
370,894
-
505,061
456,217
9,000|Total
2022
**£**
406,241
-
1,114| |---|---|---| |||407,355| |||313,032| |||94,323
-| |||94,323
370,894| |||465,217| The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. - 5 - ## **GATESHEAD FOODBANK** ## **BALANCE SHEET** ## _**AS AT 31 MARCH 2023**_ |**Notes**
**Fixed assets**
Tangible assets
**8**
**Current assets**
Stocks
**9**
Debtors
**10**
Cash at bank and in hand
**Creditors: amounts falling due within**
**one year**
**11**
Net current assets
**Total assets less current liabilities**
**Income funds**
Restricted funds
Unrestricted funds|**2023**
**£**
23,572
1,598
462,105
487,275
(1,813)|**£**
19,599
485,462
505,061
-
505,061
505,061|**2022**
**£**
77,996
1,294
381,586
460,876
(973)|**£**
5,314
459,903| |---|---|---|---|---| |||||465,217| |||||9,000
456,217| |||||465,217| The financial statements were approved by the Trustees on 31 July 2023 Mr John Smith **Trustee** - 6 - ## **GATESHEAD FOODBANK** ## **STATEMENT OF CASH FLOWS** ## _**FOR THE YEAR ENDED 31 MARCH 2023**_ |**Notes**
**Cash flows from operating activities**
Cash generated from operations
**14**
**Investing activities**
Purchase of tangible fixed assets
Investment income received
**Net cash used in investing activities**
**Net cash used in financing activities**
**Net increase in cash and cash equivalents**
Cash and cash equivalents at beginning of year
**Cash and cash equivalents at end of year**|**2023**
**£**
(20,270)
326|**£**
100,463
(19,944)
-
80,519
381,586
462,105|**2022**
**£**
(2,658)
-|**£**
104,607
(2,658)
-
101,949
279,637
381,586| |---|---|---|---|---| - 7 - ## **GATESHEAD FOODBANK** ## **NOTES TO THE FINANCIAL STATEMENTS** ## _**FOR THE YEAR ENDED 31 MARCH 2023**_ ## **1 Accounting policies** ## **Charity information** Gateshead Foodbank is a CIO. ## **1.1 Accounting convention** The financial statements have been prepared in accordance with the charity's governing document, the Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)". The charity is a Public Benefit Entity as defined by FRS 102. The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn. The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. ## **1.2 Going concern** At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements. ## **1.3 Charitable funds** Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives. Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements. Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity. ## **1.4 Income** Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. - 8 - ## **GATESHEAD FOODBANK** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 MARCH 2023**_ ## **1 Accounting policies** ## **(Continued)** Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset. The value of services provided by volunteers is not incorporated into these financial services. Where goods or services are provided to the charity as a donation that would normally be purchased from suppliers, this contribution is included in the financial statements as an estimate based on the value of the contribution to the food bank. Food and other items donated to the food bank and held as stock for distribution by the food bank, are recognised as income within voluntary income when received and as stock;p an equivalent amount is included as expenditure when stock is distributed. ## **1.5 Expenditure** Income and expenses are included in the financial statements as they become receivable or due. Expenses include VAT where applicable as the company cannot reclaim it. ## **1.6 Tangible fixed assets** Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases: Fixtures and fittings 33% - straight line Motor vehicles 25% - reducing balance The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in net income/(expenditure) for the year. ## **1.7 Impairment of fixed assets** At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). ## **1.8 Stocks** Stocks are stated at a valuation by weight based on Trussell Trust guidelines. ## **1.9 Cash and cash equivalents** Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. - 9 - ## **GATESHEAD FOODBANK** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 MARCH 2023**_ ## **1 Accounting policies** ## **(Continued)** ## **1.10 Financial instruments** The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. ## _**Basic financial assets**_ Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. ## _**Basic financial liabilities**_ Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. ## _**Derecognition of financial liabilities**_ Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled. ## **1.11 Employee benefits** The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received. Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits. ## **1.12 Retirement benefits** Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due. - 10 - ## **GATESHEAD FOODBANK** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 MARCH 2023**_ ## **2 Donations and legacies** |**Unrestricted**
**Restricted**
**funds**
**funds**
**2023**
**2023**
**£**
**£**
Donations and gifts
528,013
-
Grant income
39,473
53,136
567,486
53,136
**Donations and gifts**
Gifts in kind
306,465
-
Public and corporate
donations
217,569
-
Gift aid
3,979
-
528,013
-
**Grants receivable for**
**core activities**
Gateshead MBC
22,450
-
Big Lottery
-
-
Community Foundation
6,900
-
Trussell Trust
10,123
53,136
39,473
53,136|**Total** Unrestricted
Restricted
funds
funds
**2023**
2022
2022
**£**
£
£
528,013
317,504
-
92,609
70,737
18,000
620,622
388,241
18,000
306,465
185,948
-
217,569
131,556
-
3,979
-
-
528,013
317,504
-
22,450
52,900
-
-
1,867
-
6,900
12,000
-
63,259
3,970
18,000
92,609
70,737
18,000|Total
2022
£
317,504
88,737| |---|---|---| |||406,241| |||185,948
131,556
-| |||317,504| |||52,900
1,867
12,000
21,970| |||88,737| ## **3 Investments** Interest receivable |**Unrestricted**|Total| |---|---| |**funds**|| |**2023**|2022| |**£**|£| |326|-| - 11 - ## **GATESHEAD FOODBANK** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 MARCH 2023**_ ## **4 Other income** |||**Unrestricted**|Unrestricted| |---|---|---|---| |||**funds**|funds| |||**2023**|2022| |||**£**|£| ||Employment allowance|3,470|1,114| |**5**|**Charitable activities**||| |||**Operating**|**Operating**| |||**costs**|**costs**| |||**2023**|**2022**| |||**£**|**£**| ||Staff costs|44,740|13,896| ||Depreciation and impairment|5,985|2,067| ||Value of donated food distributed|360,889|192,999| ||Top up food purchases and carriage|100,818|77,072| ||Rent and venue hire|11,640|10,912| ||Warehousing|6,534|7,400| ||Equipment|3,057|3,130| ||Repairs and maintenance|198|264| ||Accountancy|564|128| ||Sundries|1,112|181| ||Insurance|1,024|1,512| ||Office and administration|3,377|3,471| ||Bank charges|15|-| ||Donations|5,900|-| ||Citizens Advice services|38,721|-| |||584,574|313,032| |||584,574|313,032| ||**Analysis by fund**||| ||Unrestricted funds|500,490|299,136| ||Restricted funds|84,084|13,896| |||584,574|313,032| - 12 - ## **GATESHEAD FOODBANK** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 MARCH 2023**_ ## **6 Trustees** None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year. ## **7 Employees** The average monthly number of employees during the year was: ||**2023**|**2022**| |---|---|---| ||**Number**|**Number**| |Managers|2|1| |**Employment costs**|**2023**|**2022**| ||**£**|**£**| |Wages and salaries|40,397|13,615| |Social security costs|3,470|-| |Other pension costs|873|281| ||44,740|13,896| There were no employees whose annual remuneration was £60,000 or more. - 13 - ## **GATESHEAD FOODBANK** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 MARCH 2023**_ |**8**
**Tangible fixed assets**
**Fixtures and**
**fittings**
**Moto**
**£**
**Cost**
At 1 April 2022
2,658
Additions
-
At 31 March 2023
2,658
**Depreciation and impairment**
At 1 April 2022
886
Depreciation charged in the year
877
At 31 March 2023
1,763
**Carrying amount**
At 31 March 2023
895
At 31 March 2022
1,772
**9**
**Stocks**
Stock at valuation
**10**
**Debtors**
**Amounts falling due within one year:**
Other debtors
Prepayments and accrued income|**r vehicles**
**£**
12,216
20,270
32,486
8,674
5,108
13,782
18,704
3,542
**2023**
**£**
23,572
**2023**
**£**
370
1,228
1,598|**Total**
**£**
14,874
20,270| |---|---|---| |||35,144| |||9,560
5,985| |||15,545| |||19,599| |||5,314| |||**2022**
**£**
77,996| |||**2022**
**£**
-
1,294| |||1,294| - 14 - ## **GATESHEAD FOODBANK** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 MARCH 2023**_ ## **11 Creditors: amounts falling due within one year** |**Creditors: amounts falling due within one year**|||| |---|---|---|---| |Other taxation and social security
Other creditors
Accruals and deferred income
**Analysis of net assets between funds**
**Unrestricted**
**funds**
**Restricted**
**funds**
**2023**
**2023**
**£**
**£**
Fund balances at 31
March 2023 are
represented by:
Tangible assets
19,599
-
Current
assets/(liabilities)
485,462
-
505,061
-|**Total** Unrestricted
funds
**2023**
2022
**£**
£
19,599
5,314
485,462
450,903
505,061
456,217|**2023**
**£**
1,016
102
695
1,813
Restricted
funds
2022
£
-
9,000
9,000|**2022**
**£**
356
-
617| ||||973| ||||Total
2022
£
5,314
459,903| ||||465,217| ## **12 Analysis of net assets between funds** ## **13 Related party transactions** There were no disclosable related party transactions during the year (2022 - none). ## **14 Cash generated from operations** |**Cash generated from operations**
Surplus for the year
Adjustments for:
Investment income recognised in statement of financial activities
Depreciation and impairment of tangible fixed assets
Movements in working capital:
Decrease in stocks
(Increase)/decrease in debtors
Increase in creditors
**Cash generated from operations**|**2023**
**£**
39,844
(326)
5,985
54,424
(304)
840
100,463|**2022**
**£**
94,323
-
2,067
7,051
625
541| |---|---|---| |||104,607| - 15 - ## **GATESHEAD FOODBANK** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 MARCH 2023**_ ## 15 **Analysis of changes in net funds** The charity had no debt during the year. - 16 - ## **Gateshead Foodbank** ## **The Davidson Building** ## **Swan Street Gateshead NE 8 1BG** ## **Info: 07496 840 720** **Warehouse 07496 840 722** **admin@gatesheadfoodbank.org** **distribution@gatesheadfoodbank.org** **info@gatesheadfoodbank.org** **volunteers@gatesheadfoodbank.org Warehouse@gatesheadfoodbank.org** ## **Gateshead Foodbank** **Emergency food for Gateshead people in crisis**