Trustees’ Annual Report for the period
From 1 April 2022 to 31 March 2023
Charity name: Stamford Foodbank
Charity registration number: 1162761
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | To relieve persons in Stamford 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: (a) Providing emergency food, essential toiletries and household items to particular families in need and/or distribution by charities or other organisations working to prevent or relieve poverty such other means including (but not limited to) the provision of support signposting to relevant information and other advisory services. |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
Distribution of emergency food and non- food supplies (enough for 3 days) Provision of emergency utility top-up payments to provide energy supplies |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | In planning our activities, the Trustees are mindful of the Charity Commission’s guidance on public benefit |
Additional information (optional) You may choose to include further statements where relevant about:
| SORP reference | ||
|---|---|---|
| Policy on grant making | Para 1.38 | We do not make any grants |
| Policy on social investment including program related investment |
Para 1.38 |
| Contribution made by volunteers |
Para 1.38 | The Foodbank would not be able to function without the support of volunteers. Volunteers collect, manage, pack and distribute food and non-food items to Foodbank clients in both Stamford and Oundle, and signpost to other local services. The charity is dependent on the generous donation of food items from members of the public and local supermarkets. |
|---|---|---|
| Other |
Achievements and Performance
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SORP reference
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| Achievements and Performance | Achievements and Performance | Achievements and Performance |
|---|---|---|
| SORP reference | ||
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | During the period 1st April 2022 to 31st March 2023, 925 vouchers were presented to the Foodbank for provision of emergency food/non-food supplies. This equates to 2,361 people fed (752 children and 1,609 adults). The main reason for provision of emergency food continues to be low income and benefit delays/changes. The Foodbank also provided 250 hot water bottles and blankets to clients over the winter period. |
Additional information (optional) You may choose to include further statements where relevant about:
| Achievements against objectives set |
Para 1.41 | Our objectives remain the same – to provide emergency food and non-food to those most in need. The charity continues to meet these objectives |
|---|---|---|
| Performance of fundraising activities against objectives set |
Para 1.41 | The Foodbank does not carry out any fundraising |
| Investment performance against objectives |
Para 1.41 | Excess funds are kept in a savings account which provides a small amount of interest each month |
| Other |
Financial Review
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Review of the charity’s Para 1.21 The charity remains in a very positive
financial position at the end financial position. Donations have
of the period continued to remain steady – no non
cash vouchers were received in this
financial year. The Foodbank also
received a grant from The Trussell Trust
to fund the presence of Citizen’s Advice
in both foodbanks (Stamford and
Oundle). Although this project was not
due to start until April 2023, funding was
received prior to 31 [st] March 2023..
Income still exceeded expenditure
during the year.
Statement explaining the Para 1.22 The Trustees aim to hold six months
policy for holding reserves running costs in reserve in accordance
stating why they are held with the Reserves Policy. These fund
are held in the savings bank account.
Amount of reserves held Para 1.22 £20,000 (running costs less restricted
grant payment)
Reasons for holding zero Para 1.22 n/a
reserves
Details of fund materially in Para 1.24 n/a
deficit
Explanation of any Para 1.23 n/a – the charity is in a robust financial
uncertainties about the position
charity continuing as a going
concern
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Additional information (optional) You may choose to include further statements where relevant about:
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | Individual donors, local churches, local businesses, charities or groups of people who have raised money specifically for the Foodbank. Restricted grant funding from The Trussell Trust. |
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | n/a |
| A description of the principal risks facing the charity |
Para 1.46 | Loss of the Foodbank Manager Loss of current accommodation for the Stamford Foodbank Increasing numbers of people in need Lack of volunteers Significant drop in income |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
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|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Constitution adopted 26/06/2015 |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | Charitable Incorporated Organisation |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | Elected by existing Trustees |
Additional information (optional) You may choose to include further statements where relevant about:
| Additional information (optional) You may choose to include further statements where relevant about: |
Additional information (optional) You may choose to include further statements where relevant about: |
Additional information (optional) You may choose to include further statements where relevant about: |
|---|---|---|
| Policies and procedures adopted for the induction and training of trustees |
Para 1.51 | The Trussell Trust provides training for Trustees. Trustee induction programme – in house |
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | Foodbank Project Manager reports to the Chairperson and Trustees Warehouse Manager reports to the Foodbank Project Manager The Foodbank works with the The Trussell Trust |
| Relationship with any related parties |
Para 1.51 | None |
| Other |
Reference and Administrative details
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Charity name Stamford Foodbank
Other name the charity uses Stamford and Oundle Foodbank
Registered charity number 1162761
Charity’s principal address All Saints and St Johns Church Centre
West Street
Stamford PE9 2PR
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Names of the charity trustees who manage the charity
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Dates acted if not for whole Name of person (or body) entitled
Trustee name Office (if any)
year to appoint trustee (if any)
1 Michael Joseph Pring Chair
2 Jean Margaret Asher
3 Sara Harriet Glover Treasurer
4 Judith Lesley Foulkes
5 Peter Joseph Lewins Resigned 13/3/23
6 Eula Michelle Hoo-Fat Secretary
7 Shaun Anthony Oliver Resigned 30/5/22
John Featherstone
8
Hewitson
9 Rev Neil James Shaw
10
11
12
13
14
15
16
17
18
19
20
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– Corporate trustees names of the directors at the date the report was approved
Director name
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
Description of the assets n/a held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
Type of Name Address adviser
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) Full name(s) Michael Pring Position (eg Secretary, Chair, etc)[Chair ] Date 15/11/2023
Stamford Foodbank Charity Commlsslon Reglstration Number 1162761 Balance Sheet - Detsil As at March 31. 2023 Cash At BaATr ID HJ 325.43 108.529.44 4.885.37 S33.C 6.SS1.55 158&58 105.fJ8.35 11434U8 2n1r2023 Pagèldt
Stamford Foodbank Income & Expense - Detall Aprll 1. 2022 to March 31. 2023 28270.14 23,692.58 Gift Akl Claim•J 2,535.59 &ants 40261.83 799.02 ExwJhJJre B*k Chaff 127.86 7,420. 239.97 109.08 1.Kfj.41 581A8 7.Ci17.37 Telepkn 273.71 197.10 Top up 8.095.07 Tcy up fcK¥J 1514.93 xturEs & fftbr 363.eA) 61804.11 N•¢ ProfiVIL•MI 6100L11 2111r20Y3 Ptye1of1
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I confirm that I have carried out an independent examination of the accounts for Stsmford Foodbank for the 12 months ended 31st Marth 2023. In connection with my examinatiop, no matter has come to my attentlon whith gives me reasonable cause to believe that in any material respectr. al Accounting records have not been properly kept or bl The prepared financial statements do not accord wrth the accountin8 record or c) Attention should be drawn to any matter in order to enable a proper understsndlng of the accounts to be reached Linda Potter 2011012023 As Trustees of Stamford Foodbank, we accept these accounts for the 12 months ended 31. March 2023 as agreed at the Trustees meetin8 on Chalr Secretary