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2024-04-04-accounts

Knottingley Foodbank

Charity number 1163711

Annual Report and Financial Statements for the year ended 4 April 2024

Knottingley Foodbank

Annual Report and Financial Statements for the year ended 4 April 2024

Contents Page
Trustees' report 2 to 3
Examiner's report 4
Receipts and payments account 5
Statement of assets and liabilities 6
Notes to the accounts 7 to 8

Prepared by West Yorkshire Community Accountancy Service CIO

1

Knottingley Foodbank

Trustees' report for the year ended 4 April 2024

Reference and administrative details of the charity, its trustees and advisors

The trustees during the financial year and up to and including the date the report was approved were: Name Position Dates

Carla Candler Chair Stuart Menzies Stephanie Cryer Nicholas Levey Louise Menzies Secretary Lucas Harrison Oliver Westhead Alastair Lewis Treasurer Charity number 1163711

Resigned 10 May 2023 Resigned 1 August 2024 Resigned 1 August 2024 Resigned 4 August 2024 Appointed 1 August 2024 Resigned 23 October 2024 Appointed 1 August 2024 Appointed 1 October 2024

Registered in England and Wales

Registered and principal address

Bankers

Ropewalk Methodist Church Virgin Money UK plc Ropewalk 177 Bothwell Street Knottingley Glasgow WF11 9AL G2 7ER

Independent examiner

E J Beverley FCCA

West Yorkshire Community Accountancy Service CIO

Stringer House 34 Lupton Street Leeds LS10 2QW

Structure, governance and management

The charity is a Charitable Incorporated Organisation (CIO) foundation formed on 24 September 2015 and is governed by a constitution.

Method of recruitment and appointment of trustees

The trustees of the charity are appointed by the trustees at a duly convened meeting.

2

Knottingley Foodbank

Trustees' report (continued) for the year ended 4 April 2024

Objectives and activities

The charity's objects

The prevention and relief of poverty in Knottingley and the surrounding area, particularly but not exclusively by providing emergency food and supplies to individuals / families in need and also by signposting people to appropriate support agencies.

The charity's main activities

The prevention and relief of poverty in Knottingley and the surrounding area, particularly but not exclusively, by providing free emergency food and supplies to individuals/families in need, and also by signposting people to appropriate support agencies. The Trustees of Knottingley Foodbank are franchisees of the Trussell Trust foodbank network and subscribe to its aims, vision and work processes.

Public benefit statement

In setting our objectives and planning our activities our Trustees have given serious consideration to the Charity Commission’s general guidance on public benefit.

Achievements and performance

Knottingley Foodbank fulfilled a total of 1081 food parcels during the year, which comprised 1553 Adults and 732 Children. The total weight of food distributed this year was 24,467.52 kg.

Financial review

The net payments for the year were £7,006, including net payments of £11,643 on unrestricted funds and net receipts of £4,637 on restricted funds after transfers.

Reserves policy

The charity's free reserves, at the year end were £60,934.

The trustees aim to maintain reserves in order to enable the smooth running of the charity and to allow for an orderly winding up should the charity need to close. The policy is to retain approximately 6 months of future budgeted annual expenditure.

Approved by the board of trustees on 23/01/2025

Alastair Lewis (Trustee)

3

Knottingley Foodbank

Independent examiner's report to the trustees of Knottingley Foodbank

I report to the charity trustees on my examination of the accounts of the CIO for the year ended 4 April 2024, which are set out on pages 5 to 8.

Responsibilities and basis of report

As the charity trustees of the CIO 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 CIO's accounts as 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 Act.

Independent examiner's statement

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:

1 accounting records were not kept in respect of the charity as required by section 130 of the Charities Act; 2 the accounts do not accord with those records.

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.

E J Beverley FCCA

29/01/2025

West Yorkshire Community Accountancy Service CIO

Stringer House 34 Lupton Street Leeds LS10 2QW

4

Knottingley Foodbank Receipts and payments account for the year ended 4 April 2024

Notes
2024
Unrestricted
funds
£
Receipts
Grants and donations
(2)
11,274
Other income
28
Total receipts
11,302
Payments
Salaries NI and pensions
12,350
Driver salary and delivery costs
2,750
Phone and internet
936
Warehousing - container rental
749
Warehousing - room rental Ropewalk
2,160
Food for distribution
3,627
Building development
-
Administrative costs
1,944
Insurance
615
Financial inclusion partner payments
-
Stay warm purchases
-
Independent examination
900
Total payments
26,031
Net receipts / (payments)
(14,729)
Transfers between funds
3,086
Net movement in funds
(11,643)
Fund balances brought forward
72,577
Fund balances carried forward
(3)
60,934
2024
Restricted
funds
£
79,495
-
79,495
-
-
-
-
-
9,862
-
-
-
61,910
-
-
71,772
7,723
(3,086)
4,637
32,797
37,434
2024
Total
funds
£
90,769
28
90,797
12,350
2,750
936
749
2,160
13,489
-
1,944
615
61,910
-
900
97,803
(7,006)
-
(7,006)
105,374
98,368
2023
Total
funds
£
119,162
30
119,192
13,025
2,300
332
749
2,055
6,601
59
2,527
468
37,251
2,074
540
67,981
51,211
-
51,211
54,163
105,374

5

Knottingley Foodbank Statement of assets and liabilities

as at 4 April 2024
2024
Unrestricted
£
Cash funds
Cash at bank
60,934
Total cash funds
60,934
Debtors and prepayments
Prepayments
Liabilities
Accruals
2024
Restricted
£
37,434
37,434
2024
Total
£
98,368
98,368
2024
£
513
513
2024
£
924
924
2023
Total
£
105,374
105,374

The financial statements were approved by the board of trustees on 23/01/2025

Alastair Lewis (Trustee)

6

Knottingley Foodbank

Notes to the accounts

for the year ended 4 April 2024

1 Accounting policies

Basis of accounting

The trustees have taken advantage of section 133 of the Charities Act 2011 and have prepared the accounts on a receipts and payments basis.

There has been no change to the accounting policies since last year.

No changes have been made to the accounts for previous years.

Taxation

As a charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.

Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.

Further explanation of the nature and purpose of each fund is included in the notes to the accounts.

7

Knottingley Foodbank

Notes to the accounts continued

for the year ended 4 April 2024

2 Grants and donations
Bauer Media
Enfinium
Minister Law
Nisa Retail
The Arnold Clark Community Fund
The Trussell Trust
Wakefield District Housing
Wakefield Met. District Council
Anonymous donors
Other donations
3 Restricted funds
Balance b/f
£
Trussell Trust Financial inclusion
31,043
WDH
1,120
Wakefield Met. District Council
608
Bauer Media Cash for Kids Day
26
32,797
2024
Unrestricted
funds
£
-
8,500
-
-
-
-
-
-
-
2,774
11,274
Incoming
£
70,995
3,000
5,500
-
79,495
2024
Restricted
funds
£
-
-
-
-
-
70,995
3,000
5,500
-
-
79,495
Outgoing
£
61,910
3,799
6,037
26
71,772
2024
Total
funds
£
-
8,500
-
-
-
70,995
3,000
5,500
-
2,774
90,769
Transfers
£
(3,086)
-
-
-
(3,086)
2023
Total
funds
£
2,100
20,000
500
500
2,500
77,692
3,370
1,358
7,040
4,102
119,162
Balance c/f
£
37,042
321
71
-
37,434

Fund name

Purpose of restriction

Trussell Trust Financial inclusion Towards a partnership project involving Pontefract and Normanton Foodbanks and Wakefield District Citizens Advice Bureau seeking to support the financial stability of people in receipt of or seeking access to emergency food. The outgoing funds relate to the commissioning of services from Wakefield District CAB.

The transfer relates to unrestricted funding for Knottingley food bank included in the grant, the funding for Pontefract and Normanton Foodbanks is included in the balance at the year end and is distributed to them after the year end.

WDH Towards food purchases. Wakefield Met. District Council Towards food purchases. Bauer Media Cash for Kids Day Towards food, clothing, heating, well-being packs for children.

4 Related party transactions

Trustee expenses

No trustee received any expenses during this year or the previous year.

Trustee remuneration and benefits

No trustee received any remuneration or benefit during this or the previous year.

8