THE COMMUNITY STOREHOUSE TRUSTEE REPORT & ACCOUNTS FOR THE YEAR ENDED 31 July 2023 STORE 111111 1111 •ACXC4PLV' 21102r2024 CCWPANIES HOLISE *197 Food shared with Love CHARITY REGISTRATION NUMBER 1162887. COMPANY REGISTRATION NUMBER 07705389 REPORTOFTHE TRUSTEES OFTHE COMMUNITYSTOREHOUSE FOR THE YEAR ENDING 31JULY 2023 REFERENCE AND AI)MINisfRATIVE DEfAILS Full Name: Governing Documents: The Community Storehouse Memorandum and Articles of Association as amended on 6 July 2015 A company limited by guarantee with no share capital and the liability of each member on winding up limited to £10 Charity Reglstratknn no: 1162887 Company Registration Number. 07705389 Constltutlon: DIRECTORS AND TRUSTEES James Cable Gill Uoyd Marian Clements Chairman Treasurer Erica Jones (resigned 9 November 2022) Nicola Manchester Charlotte Walters Terence Meakins Harriet Wright Address of registered offi¢e: 31 Church Road Paddock Wood Kent TN12 6HD Bankers: HSBC 105 Mount Pleasant Tunbridge Wells Kent TNI IQP Independent Examlners: T Lane Director in M N Jenks & Co Llmited 72 Commercial Road Paddock Wood Tonbridge Kent TN12 6DP 61Jf IM15 eob 'OVPUq&r biqqOCW M004 15 fOlJJLiIGT.L1914L)yC DILGq-)L IV il'4 M IGIJI;2 I filJG fo I"!*JJffjGq IllQ6bi•lJnGiII F..¥gLU!UGI•: K6U[11.I J JIJ l¢bVtr)&!qeG IllGII- JU2 tr,ionui b1iGg=SUI 9YV¥b&P: .GLIIIMJ5 eHO '1qofF MOGii ?1 cvni.qj y09q VqqL62I 01 IGQ!?Sl*L6q OtLifG: rl9LI16¢ A*.L!8yi ltsl6UCG IN6yr!u2 C4J9LIO[IG *M9116I2 ',!COI9 I￿gL)CvG2fGL Ell￿9 1011ts2 (IG?IgvGq èiv MOfiGJYP.-,L 50ir) '9L191J CIF4WSU[2 ei11 D.OAq Gg2ftl GL DIL4ECLCJ142 VI4D Ign21E-. 2 19".Jfp? f9PIG CkYlLW9U couJbqu.I i{vÈ12fL91!ou KllwpGL: CJJ92?sa CiJSk!sA JG852¥IS¢'DU Ua: JJe588 Iki£ l19P!!!IiA ryl 69f.v UJGWPGL OL¢ hl!uq,:uE nb liWI¥Dq [0 ETO v couJb91Jil i!UJ!iGq ph 8ngLCJV16G MIIV UO ?VSL6 cgb![919U "IniA JOJ! Ifi}6WOL3:JqnuJ suq VL(!CIGZ 01 k2zoc!sr:.o:J S2 YiJJEuqf•q cu e LIJG C.OILJuJnJ!rl. -(liLGVOn: ceJJiii¥ni!ou: eoJi£LU!uE Dr:rft GUI?: Èrill MYIJJG: IIErEll£¥lCE Vvii VS14IIL4121gVllIlE DEIVJI E.nll l FiE AEVil E￿IDI/l￿ 3T IfifA ooi EbOUI OÈ IFIF. 111fj21Ft2 Ok. IHF iOWbNn14LIA 210UEHon£l REPORT OF THE TRUSTEES OF THE COMMUNITY STOREHOUSE FOR THE YEAR ENDING 31 JULY 2023 The Trustees submit their annual report and financial statements for the year ended 31 July 2023 In accordance with the accountln8 policies set out in note I to the accounts and wmpty with the tharlVs governing document, the Charlties Act 2011, the Companies Att 2(M)6 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparin8 their accounts in .accordance with the Financial Reporting standard applicable in the UK and Republic of Ireland IFRS 102) leffertive l January 20151. STRUCTURE, GOVERNANCE AND ￿NAGEMENT Governin8 Document The Community Storehouse (TCS) was incorporated on 14 July 2011, as amended by Certificate of Incorporatlon on change of name on 22￿ March 2013. It is a company limited by guarantee and governed by its Memorandum and Articles of Associatlon. It is registered with the Charity Commi55ion as a tharity In England and Wales. Appolntment of New Trustees The number of trustees (who are also members of TCS) shall not be less than three but are not subject to any maximum. Trustees may be elerted at an AGM or appointed by a resolution of the other trustees at a board meeting. Those appointed by a resolution must stand for re-election at the first AGM following their appointment. As a minimum one third of all trustees must retire at each AGM. Trustees may stand for re- election. The board of trustees is intended to reflert the knowledge and Skills required to run a food bank operation. All potential trusteÈ5 attend a committee mÈetin8 as guests prior to their nomination and receive a copy of the Memorandum and Article5 of Association, up to date finanaal information and are required to read appropriate publications from the Charlty Commission. All trustees provide their time and dutles on a voluntary basi Rlsk Management At eath committee meeting Trustees review. amend and revise the chariws Risk Register, making changes where necessary. PUBLIC BENEFIT The trustees have had due regard for the Charity Commission's Public Benefit guidance. CO n REPORT OF THE TRUSTEES OF THE COMMUNITY STOREHOUSE FOR THE YEAR ENDING 31 JULY 2023 OBJECTIVES AND AcllvrnES To relieve persons, particularfy but not exclusively, in Paddock Wood and surroundin8 area that are in financial hardship in such ways the trustees shall from time to time think fit. in particular. but not exdusively by: Providing emergency food supplies. essential toiletries and other household item5 both to individuals and families in need and also to other charities or organizations working to prevent or relieve poverty. Such other means, induding (but not limlted to) the proviston of sUPPOrt or signposting to relevant advisory services or infomiation and to provide such services within a Christian ethos. supported by Churche5 and businesses in the area. REVIEW OF ACTIVITES The Community Storehouse bring5 people together.. people who currently have resource5, giving to help those who currently do not. This is bome out by the total amount of food donated in the year: 15 tonne5 (2022- 13.8 tonnesl. We have also purthased an increasing amount of food needed this year- 9.9 tonnes (2022- 5.3 tonnes} and the total amount of food distributed in the year through TCS Voucher / Agency Voucher / other donations is 25.3 tonne$12022- 19.6 tonnesl. Our thanks go to everyone who ha5 donated so generously throughout the year. Unfortunately, we know the names of so few of our donors, so we are unable to thank them personally. We are immensely grateful to our local communities who have supported us so well during another challenging year, so that we in tum can support those who need assistance with food supplies. aients continued to be able to approach us in two way5: by bringing in a TCS Voucher i55ued by or referred from one of our partner agencies la list of these appears in Appendix 2) and we regularly update and add to this list, or they can come dirert to us when we are open. Thts twin approach meant that in the year we were able to support 203 households {2022- 184), a total of $72 adults and children and a 10.3% Increase on the previou5 year. This is analysed on the next page by the location of households. We endeavour to offer clients whatever food assistance is appropriate to their needs and also look to signpost clients to other agencies who may be able to offer them additional support. As Covid restrirtions eased, we have welcomed our clients back inside The Wesley Centre building and continued supplying food par￿lS and being as accommodating as p055ible in the Supply of food to everyone requesting food assistsnce. rri REPORT OF THE TRUSTEES OF THE COMMUNITY STOREHOUSE FOR THE YEAR ENDING 31 JULY 2023 On occasion5 when we have had surplu5 supplies, we have also been able to supply other food agencies in our area. Other areas which have benefitted from some of our food supplies have been foodbank5 at Tonbridge and community groups in Maidstone. TCS aim5 to continue meeting the needs of Its clients wherever possible while operating within its charitable objertives. Food donatlons come in all shapes and sizes and from a wide geographical area: for example, individual items deposited into the collertin8 baskets at Waitrose- a bag of items brought in by a family durin8 one of our opening sessions; a box of groceries collected by staff at a local business: donations from churches; Harvest collections: Reverse Advent Calendars; and people who decide to start collecting iterns from their friends and family, spread the word on Facebook and surprise us with an amazing delivery of non- perishable items. Once a8ain, we would like to thank Paddock Wood Waitrose for their support in continuing to host our largest collection point: donating surplus food supplies. as well as making flnancial donations through their Community Matters Scheme to support local charities. Thanks also go to the local Salvation Army for their SUPPQrt with food supplies. Co-op food stores in East Peckham, are supporting us by giving us some of their Fareshare produrts, thu5 reducing food going to waste. Warburtons have also supported In giving us a weekly supply of bakery goods. Thanks also 80 to everyone who has made a financial contribution to The Community Storehouse, whether by a one-off donation or a regular payment. Some supporters have found it easier to do this than giving food donations, for which we are grateful. This has enabled us to purchase more food suppltes appropriate to our needs, a5 required. We are a150 grateful to the or8anizatiDns which have supported us wlth proceeds from their own events. IA list of donors can be found In Appendix l) bicpC66q2 11.01￿ rpG!L GA61J(2' (tr11121 Oi qUUOL2 C91J p ioriuq ru yb)*uiiq!x Il [r, ori. JGGI*' LGiJn!ic.q' N¥G ?IG 91*0 @IS[Gini ro IVG 018su1$91!OU2 NIy!"..lJ Vgl%4? ?nblyJi¥Gfi n? K,!iy IQOq qOIJ9(!OUI' IOL IA VICP MG 91 s EL91GAIII' W12 V92 6IJ91)IGq iz ro b(Iicpg26 UJOL6 iuaq 2n4i)i!G¢ ?trifJLDbL19FG p.1 9 0L16-011 qOUgIIOL' OL S IGenig1 b9hi•Jt•UI' ' co-ob iooo, >lOLG2 IU -.Yl¥ bGC¥IJgUJ' 9Lr. ?nbboLI!ue nts p,1 ftwiuE n? 20UJG DiiiJ6IL cowunuii,I ￿1￿&(612 2CP6W6 10 2nL,tKJLf IOC91 qJ9l!(IKi" IlilJuFz 91". -0 Eo ro IVG ItX51 >lh'Tf!QU VLWI, IOL l*lG!L 19LE6¢1 COI!GCI!ou bolur.. qou941u8 2nLbin2 iooq 211DbiiG?' 92 MGII Y? I¥uyucig1 qougi!ou2 fkiLoriSy iV6lL oucr* 9&91II' MG Moniq i1¥6 (O IVJLIIC b5qq0￿ AIOOq h',91IL026 IOL ¥VG!L 2n￿boU ILI CaUilVii!uR I(> IJ024 onL bGL12VgPIG I(6IY2- IIIGUq? f4Uq iJLU!IA' ?bi6gq rk16 MOL9 QU EgCGPOOI 9LIO 2nLbu2G n2 iA!Ili QU 9W9r!u8 fjGIlAGLA uou- LIgLAS?I COll6esioup: ur?l.Gl ?6 VqAGLJl C9IGUq9L2: 9ts-1 bGobiG MVO 4Gciqf? {t) 219LI COlltiCIIL,g !rGIiJ? IiC)lJ IVGIL onL oL6iJ!IiiA 2G2210ts?: ¥ pox 01 RLOCGL:62 COIIGC(Gq PII ?i-119£ 910=91 Pi121U622: q01191!oue iiow cpnLCVÉ2: !rGW2 q6bo?Iriif !U£O IP6 COII6C[iu& pg?FG{E gr Mg!SIOIG: g py6, ui !46wi pLanE￿tr iu pA 9 19uiIA qni!bJE OUG 01 E(JOq qOU9riou- couJf• IU Yll 2iJsbs¢ 9Uq 21SG2 Suq 11.OIU g rfAlq6 Er•o&¥9biJicg1 gk65: IOL 6X91Libi6' IUq!A!qng' 1*94119PIG opIGCI!AS2' IC2 9iw? io Coul!￿n6 WG611118 IiJ6 L16GqE Oi Ir? Cll6Ul¢ OlIVGI6A6L b02Z!PIG IhlJ!IG obGLg[!uE I￿1¢Y1U ![ InlJPL!quG gug COUJuJnuifA &Lcnb2 IU Wlglq?¥au6' OIlL 9LC?9' OKIJGL SL692 MVICV ￿ly￿r* PGUbi!rrcq *LOW ?OLLIG 01 ollL iooq enbbi1￿ V9AG OGGII IOOqP911¥è 9¢ OU OCC9210U? MVGLI M6 VWA6 Pyq 2IILbini ?nbbi!f>?' Mi> V9AG 9120 PC*6U YPIG ro ?nbbiA oiyr>L IOOq 9%61.'C!G2 ILI EOEI IHE AEVb' EMDIMC 3J InrA 5053 illbOL4I OE IHE iyn21EE? L,E cowvonMIJ.A 21011EHon?E REPORT OF THE TRUSTEES OF THE COMMUNITY STOREHOUSE FOR THE YEAR ENDING 31 JULY 2023 2022 23- HOUSEHOLDS HELPED & LOCATION 1092 PARCELS 203 FAMILIES ADULTS 345- CHILDREN 227 2022-2023 CUENT LOCATION HADLOW. 5. 3% OTHER- 29- 140 MARDEN- 3- 1% i YAl￿NG/ LADDINGF , IIORSMONDEPI -6-3% BRENCHLEY& MATFIELD- 8 -4% PADDOCK WOOD - 128- 63 PECKHAM- 12- 6% FIVE OAK GREEN- 6- 3% REPORT OF THE TRUSTEES OF THE COMMUNITY STOREHOUSE FOR THE YEAR ENDING 31 JULY 2023 FINANCIAL REVIEW Incoffle During the year cash donations totalled £61,504 (2022- £36,737). with add¢tional bank interest £470. In addition to personal ontroff and re8ular giving we received donations from several local Clubs, buslnesses and groups. The Wesley Centre Rent Appeal re￿iVed donations of £4,849. Our licence agreement with Tunbridge Wells Borough Council was renewed in September 2020 with a further 5-year rental lease agreement until September 2025, at a cost of £8,(X)O annually. OUT Rent Fund will continue, supporting this expenditure. Due to availability. we have been able to additionally rent the back hall of the Wesley Centre, at additional cost for 3 knou￿ eath Tuesday afternoon. Food Donatlons The valuation of individual items is difficult and therefore a fair value of £2.CKI per kg. (2022 - £1.70) has been used at the time of distribution (reco8ni5ed a5 charitable expenditure) and an equivalent amount reco8ni5ed a5 a component of donations. The tharity recognizes in stock the value of donated goods, Trot yet dlstributed, representing the service potential provided by such items. At the end of July 2022, current stock was revalued at £2.00 per k& to refiert current escalation in food costs. This was the first increase in stock valuation since The Community Storehouse began operating. Further increase is likely in the re- valuing of stock, due to rising food costs and due to havin8 to use more of our resources to purchase stock. Expendlture During the year expenditure (excluding food donations) was £50,742 {2022 - £24,696). The largest part of this wa5 for food purchases, £38,370176%) ft)Ilowed by the rent of the premise5, £9,572119%). Surplus, Resenffts and Cash Income exceeded Expenditure by £11.547 and the cash balan￿ at the year-end was £114,82912022- £103,596). The charity has adopted a reserves policy of maintaining a minimum of one yearfs expenditure (excluding food distributed but including rental expenditure from the Restricted Fund). Based on these costs incurred by the charity during the 202V23 financial year. sufficient reserves and cash would need to be retsined to the value of £50,742. V6 AyillG QI E20'Jrt5' pA Iyfi CiJYiI[A qnLiuÈ (tJ6 5055153 LIUQUC￿l AG91, 2ni[!cif¥lJl Lty2Gi Yljq C921J Moniq UG6q 10 PG IG+SIUC.q fo IOOq q12*L!pnii?q piii !tscinq!v8 L6U[Yl GxI36Uq![nLG 11.ouj fyG UGL4LICfGq kntsq)" eqkGq 01$ fVts*G LO?fè !U:(11 Lfjq Ip¢ cyg11Iil y92 9qobic.ri 9 I62GLrtG2 boiicA oi UJ9lL4191LV!u8 9 UJ!U!11)lllU OL OU6 AGI142 6xbrJUq!inL61i.xcinq!ue ETO# 2ael' IUCOW6 6xcr?6qGf: EAbG'.Iql(llLG pA ETJThJ'JUq {IIG r92V P919UCG gf ri.ls AGgL-6Uq M92 EJT?'85a lJ053 - 2nibi.i?' ￿6￿G￿62 guq C9 IVII 4th9.: IOL Iooq bnicpy262' E38'3JO (le￿) ioiiorfi6q ph IVG tCtsI 01 IV6 bi￿￿1?￿2. Ea'2J3 (ia&?}- Dfii!uE ryG A6r¥i. 64bGiJQ![nL616XCinq:u& irJOq qG'I J9V!oJ?) M9? I&O'J¢i15055 - E5v'e)ei- 1116 iyIÉ6Ei bs'..[ OL ExbGUqlWIr. hginiuL oi è[orF' qn6 {0 k12iuE Iooq c0212 guq .4nu lo V9Aiue £0 n2G LJOLG 01 r)11. LG?onLCGE (o bnLCV926 ?[oc￿. £QCF Agin9f!QlJ élUCG IIJG COWlJJftU![A ?KOI6Flon2￿ pggij obGL91!u8" knLfy6t !UCLfj926 12 I!YGih Iu IVG IG- E5-00 bbL 68. (O iÈiU6C( Cnltc. J* l (ièCg19P.(Its IU {OIW CO<[2. IP12 ljlG IIL-:[ !UCi¥g?G IU Aol yi2lLipnifjq' L6bL626U¥!u8 riJ¥ ?GUI!CG bo¥￿vIl9] bioA!qGO PA èncy ![6UJZ" VI IIIG Guq oi iniA 5055. Cfll161Jl LC¥caRu12Gq :.? 8 C.aKubouGU[01 qoU9r!0￿2. IHG CVgI!fA LGcoEu!T6e IU 2fOC¥ CVeJ A9inG ¥)( qOIJ9SGV, 8ooq2' uoi P6GU n2Gq IIJC ¢!W6 01 q!?[LILini!oiJ L6coIIi!?Gq 92 CFISL119PIG 6xb6sJq![fiif?1 guq 91J GdnirtglGV+ 9wonu .LV6 A9in9[iou -{ 1￿q￿lqn9I !¥GW¢ 14 91￿1¢DI& Yllq IV6I6IOLG Y 191l.19'nG UI ES'00 bGL Fe'15055 - 1-.:'ioI v9? EC>Oq DOLIgFIOU? MG?15h CGIJILG, 91 gqq:.IIUU91 CO?( IOL 3 yont? 6YCV Jn62qgA $116LUOOU- ?nbbGL(iue .'Ii!? rDMb6Vq![nL6- Dn6 SA9119p!iuA' A16 USAG PGGLI SFI 10 99Q!liouyiIA IGU! IVF Pgcl: V911 Qj ryfi L6UI¢II IGq?6 gÉL66W5U£ nu[112iJbir•llJPGL 50J2' 919 rou oi Ed'tK)0 9uull9jiA' Oiii u6UI EIlUq M!11 cou[!un6' g£L6GIIJGUI Mlllj IfiUPi!qR6 MÉI12 EOL9nEv conurll iMY< L6LIGMGq IU 2Gbi&wpGL 5050 M![U g IfiL¥V6:. 2-AG81. pnè:L162éG2 9uq 8LDlI bé. Ills hii?-' .16A c6IJri.6 i16U( ylJb6gi L6t61h6q qQl1g110112 01 FV'St(I" OflL IICSLCC7 IU TrqqID.OLI (o bGL?OU91 OIJG-Oll iJuq IGEi119L uihiu& MG L6CGtAGq QQL'gK!OU2 l*￿iLl 26AGLgi IOL*I CIftP¢' ofluug (VG Ar39L *S18 202Q8 202&r uilbTh9qxa161oT ooooi ?.bnu? n99wJ9d ￿r)I21761T ets8a ieiy 169Y dj iol JiuJibn9ax3 .gfflninl It9M a82be ea￿lI 26 bi6wiol J uoid ?gJiil>16d bnu4 r£0£ Js b'•6￿07 bJii)6) i9?nDi6rJ bnui SO£ lul IE iet*8 ièieoi El THE COMMUNITY STOREHOUSE BALANCE SHEEr 31 JULY 2023 COMPANY NO: 07705389 2023 2022 CURRENT ASSErs Stock Debtors Cash at Bank & in Hand 2071 1196 114829 1757 1196 103596 118096 106549 CREDITORS: Arnounts fallln8 due wlthln one year (438) 14381 NET CURRENT ASS 117658 106111 FUNDS Unrestricted Fund5 Restrirted Funds TOTAL FUNDS 109167 104469 8491 16 For the financial year ended 31 July 2022, the Company was entitled to exemption from audit under section 477 of the Companies Art 2006; and no notice has been deposited under settion 476. The Dirertors acknowled8e their responsibilities for ensuring that the company keeps accounting records which comply with sertion 386 of the Act and preparing financial statements which 8tve a true and fair view of the state of affair5 of the Company as at the end of the period and of its profit or loss for the financial period in accordance with the requirements of sertions 394 and 395 which otherwise comply with the requirements of the Companies Act 21x16, so far as applicable to the Company. These financial statement5 have been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006. Signed on behalf of the Directorsnrustees LL•- JAMES CA8LE CHAIRMAN GILL LLOYD TREASURER Approved on: 12 ¢1 CJ ¢A oj r) THE COMMUNITY sfoREHOUSE NOTES TO THE FINANCIAL STATEMENTS 31 JULY 2023 The notes set out on pages 13 to 16 fomi an inteEral part of these financial statements. l) Accountlng Polldes al Basis of Accountin The charity constitutes a public benefrt entity as defined by FRS102. The Financial statements have been PrePa￿d In accordance with Accounting and Reporting by Charities-. Statement of Recommended Prartice applicable to tharities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK & Republic of Ireland IFR5102) (effertive l January 2015)- Charities SORP {FRS 1021, the financial Reportin8 Standard applicable in the UK and Ireland IFRS 102) and the Companies Act 2006. The financial statements are prepared on a going concern basis under the historlcal cost convention, in sterling rounded to the nearest £. Unrestrirted funds are available for use at the dixretion of the trustees in furtherance of the general objectives of the tharity and have not been designated for other purposes. Restricted funds are fund5 which a￿ to be used in accordance with specific restriction5 imposed by the donors. The aim and use of each restricted fund is set out in note 7 to these financial statements. cl Income reco nition Financial income is recognised by the charity when it is re￿iVed. Income from grants Is recognlsed when it is received. Income recognised from goods donated for distribution is valued by weight because the valuatlon of individual items is difficult to undertake. No amunt is included in financial statements for volunteer time. in line with SORP. IFRS102). nditure Reco nitlon All expenditure is accounted for on an accrual basls and has been dassffied under headings that a88regate all msts related to that cate80ry. 13 T3 gEgirRy16 11 CQ". I? LGI91Gq SO fV9£ C9[GEoLA' Vll 6xbf4lJll![114G !? 9CCOnlJlGq ICJL ots 9U 9CCLnsi p9?12 guq y95 9G￿lj C191?-l!Gq nuq6L !JG9qiuÉ) fvgr guqi[ril.r. UGCO ui[ioiJ MO Yiijoriur 14 iuqnqEq iu i!u9JC1912tYfGWGUI2 IC.I MIflL'[GiL P.UG' IU l!iJs• MIIV 20gb IEk12T051- !LJq!Aiqll91 IIGW? l? qiy Icnii io nuqGiIS'(6' IUCOiLFTi Lvco8uiK.q ILOW tsOOq"_ qOII4IGq IOL q!?(L!pnf!OlJ i? r.JillGq ph fyic.!Siii PGctinc6 IVI? tr19inyi!CU Oi '.IVGL' ![12 LifCii!AG4' !U911C!g1 iucoiJJf• 12 .1 ts¥ogu!?6q PA [pG cyyuiA Ml4C-U !¥ 12 LGC61nGq' IIJCGUJ6 ILOU) 8L9Vf2 1? L6co8u!?.Gq cl IL'COUi6 LGCO uiiiou 4oiJo{<' IV6 91uJ yuq lliG QI GYCV l62[uci6q inaq 1" 2GI on* IU IJOIG ' 40 1OGI(* 41119QC191 a{giG￿(lIjK?. 15621'LIqEiq inu92 YLV inuql MVICV 9IG ro p6 ..i?Gq IU 9CCOlq¢JU16 A",!(v èb6C!LIC l•è£L!Cf!ou? Iwboziiq ?A Iy6 rypIGCI!rtG? OL Ivo CVgK IIA guq V9h6 1101 PGGU qai2Lf4£Gq iOL OEVGI. bALI)OL?C?" nuiG2siic(Gq IflUq* gl6 9n9llYPIG IOL ft?6 Q[ IklG q12CLG!!ilU 01 IIJ6 ILn2{66? iu inuyGI9UCG Ott IVG kfiU6I91 Pl EfTUq¢ 21f LiiiJE Lonuq64 10 fV•i ￿69L6?! E. IVG IIIJgUCIS1 ?￿gr￿¥W6￿￿< 9LG bLGbJLGq OU 9 80!u8 COUCG: 11 P9212 nuq6L Iyr v!>iOLlCYI Colt COU•iSUL!OiJ' IU Suq [,'Jc. cowbgts!V'rfCF 500LI" CVYL!1162 20Ub IE112 J05), IIJ6 IILIyL'.C191 UbboLf!u8 219Ufjgl q cJbbiicgFI6 lu iv6 fiK (Juq 11siyuq IEHL y61JoLriii8 ?IYVqSLq gbhiitrJP16 IU VVG nK E dÉbripi!c Oi IL61gUq IkK2Tf)5} IGUGU!hS 7 iyun¥th SQILJ- bLgC[ICG ybbiic9PIG 10 CPYI!F!G2 1)LGbgiiJ8 ¢VGTrL I!UCIuci91 ag£GWGLIP IU YCCOI4gVCG Mfrp ryG k!u9VG!YI ÈgLGq IU 9ccni.qYULb l¥.Iltl ycc?ft'ir!*JE guc: gGboLi IVE PA cv91 1111?2: 21 Jt [SW6*J[01 L46COWbJGU9¥q IVG CV9Lllil ¢oiJ?[![nf62 9 bnpiic P+•uGiif GUIIIA J? qGI!VGq YA L-H2105- .LPG EIIJYLICi912{9IGILifJU12 V7A6 91 &9a!? oi ycconuiiv vr.COflU¥!ug bOI!*if> IVG IJOI6I 2GI on[ OL. but62 T3 10 Je 9U !USGk'tg1 b9U Oi fVCZ6 LII191JC1912[gIGlilEUQ" 31 InrA 5053 MOIE? IQ IHE klwvkicivf 2_: VIEiIILklL2 THE COMMUNITY STOREHOUSE NOTES TO THE FINANCIAL STATEMENTS 31 JULY 2023 Expenditure is recognized where there is a legal or con5trurtive obligation to make payments to third parties, and it is probable that the settlement will be required and the amount of the obligation can be measured reliably. il Support Costs Support costs are those that assist with the work of the charity but do not directly represent eharitsble artivities. These include administrative costs, and publicity. They are incurred directly in support of expenditure on the objects of the charity. ii) Charitable Activities Costs These are costs dirertly attributable to achieving the charitable objectives of the company, such as the rent on our premises. The charity 15 an exempt tharity within the meaning of sthedule 3 of the Charities Act 2011 and is considered to pass the test set out in paragraph I Schedule 6 Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Concern The financial statements have been produced on a going concern ba515 as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the experted level of income and expenditure for the 12 months from authorisin8 these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going Can￿rn. g) Stock Stock is made up of donated goods and purchased not yet distributed. h) Debtors Trade and other debtor5 are recognised at settlement amount after any trade discounts offered. Prepayments are valued at the amount prepaid net of any discounts due. sh at Bank and In Hand Cash at bank and in hand is comprised of cash held and the balances in the charityis bank account. ditors and Provi These are recognised where the charity has a present obligation resulting from a past event that wlll probably result in a transfer of fund5 to a third party and the amount due can be measured or estimated reliabty. 14 tr f 4P THE COMMUNITY STOREHOUSE NOTES TO THE FINANCIAL sfATEMENTS 31 JULY 2023 k) Financial Instruments The charity has financial a55ets and liabilsties of a kind that qualify as basic financial instruments in the form of Creditors and Debtors. These are initially reco8nised at transartion value and subsequently measured at their settlement value. 2023 2022 2) INCOME FROM GRANTS AND DONATION Donations & Gifts from Individua15 Gift Aid Donations from churches, A55ociations General Grants Donated Goods Bank interest Bank Refund 29961 23770 1941 3134 6137 4510 22172 6516 30077 470 i(x) 23533 31ANALYSIS OF EXPENDITURE ON CHARITABLE AcfiviTY Donated Goods distributed to beneficiaries Purchased Goods distributed to beneficiarie5. Independent Examiners Fees (Govemancel Rent Rent- additional extra Other support costs 29763 24049 14598 438 38370 438 1572 2362 The value of goods distributed to beneficiaries is the estimated value of food donated and distributed to the beneficiaries of the foodbank. 41 TRUSTEE REMUNERATION & EXPENSES The trustees neither received now waived any remuneration during the year (2022- £ Nil). The trustees did not have any expenses reimbursed during the year (2022- £ Nill. 5) OEBTORS Prepayments & accrued income 202 2022 £1196 £11% 15 bL6b8AuJ61Jl2 8¢ dccknsq Ill￿oUl I DEDIOi42 5053 IVG £LII?>rJ? qlq V4A6 911.,, trxbGLb262 LG!wrJnk&q qnL!u8 {iJ6 I.6,.L1505S- .LPG ELnu667 uc!rpi.L LKfG!AfJq VOL ifig￿6q giJA I61￿r•i￿GI l!r.u qllLiuR IiJ6 1169. IToJ5- 1 Ll!Il' i. iunuÉi ilEbNnw.E6VIIOM V k¥6tW2E2 CliG PGU6IIC19L162 01 r￿ti IOQqP9U IV6 h..1116 018ooq2 qi2¥LtpntrGq fu PtrlJl¥ll¢191 16= 12 fi•6 6211lJJsr-q Ajintr 011004 qOlJgf131l 9L5q q!i'{L!pnifjq ¥0 'JfPGL 2r,b'iuu L021? USU[- Yqql(IilUt)l GX(IS Y3e5 EJ) 8bY)O g.OOQ IUq6bGUqGiI{ [x9W!UG￿ EÉ6: ieoA6LlJgucsJ bni ciJ92f q CJOOq2 912[LIPfl[sq fJGUGilC!g1 Ir?2. OL19EGq eooq2 (IierurJn16q 10 1F￿G4¢Cl9l￿> rHVtiiJvpf< VCiIrtuA 3)vwvrA?I? OE ¥XbEMoiinbE O ¢38 383JO 5fiJe3 ¢38 5*0¢è urifl&lq 8gUIC !UIGLG2: rJOIJfjIGq ecoq2 6U6iy! fJL'JU[? DG'IJ9(IOd2 LLOW CllflLCVv?' k22GC!qE!OLJ2 55TJ5 e2Je 1210 PG11￿[10jl p eiii¢ ItQUJ II'.q!A!f4rt*ti12 53.ljo 51114COif4f VVID JOMVIIOM2 5055 UJ69tiIILtr.q 9r. I'dG!L V6 JltslJJG'Jf Ayin6' IQIUJ 01 CI.6qIIOL2 8L'ii DGPSOLZ. JJJG?G 9L6 1L'!&iqiilI LGCO.: Y!¢Gq 9£ IIJU?YCIIOU h9snG guq 2np2GdriGtJll* i.v6 ¢VYk!LA yya i!UJJClgl 922Gf< 9lJq l!cJp!i!r-G2 01 S Fluq IV91 dfl'Alli•l (J2 PY&!C l!uguc!yi 1uèfinw6111G' IL, IVG y! EIIJ9ULIg1111?.ILniUGL12 31 inrA 5053 LIOlkt L,Tr IIIE ElblVk1CI'JI' 2iVIE•IIESU IHE ￿0￿￿rI￿lIA 21011Ebldn2E THE COMMUNITY STOREHOUSE NOTES TO THE FINANCIAL sfATEMENTS 31 JULY 2023 6) FUND RECONUUATION Balance at 31.7.22 alan 31.7.2 Income Ex enditure Transfer Restrlcted Funds-Rent Fund 1642 18(KJO) l(K)00 8491 Unrestrirted Fund 104469 87203 (72505) IiorKx)I 109167 7) ANALYSIS of FUNDS Unrestrirted Fund Restrict Funds Total Funds Fund balances at 31 July 2023 represented by: Current Assets Current Liabillties 109605 438 109167 8491 118096 438 8491 117658 81 UCENCE COMMITfMENT The Charity has an annual commitment of £80LKI in respect of rentsl of premises which expires in September 2025. Thi5 licence agreement was renewed for a period of 5 years from September 2020. This Is subjert to a notice period of six months on either side. 9} GENERAL INFORMATION The Community Storehouse is a company limited by guarantee incorporated in England and Wales. Its re8i5tered office address 15 31 Church Road, Paddock Wood. Tonbridge, Kent TN12 6HD and place of operation is The Wesley Centre. Commeraal Road. Paddock Wood. Tonbridge, Kent TN12 6DS. 16