2024-11-30-accounts

ERSFL fiRVEST UNIVERSAL HARVEST Annual Report and Flnanclal Statements For the year ended 30 November 2024 Charity Number: 1164628

Contents Trustees. Report.............................................. Independent Examinerfs Report..................... Statement of Financial ActNf(ies (SOFA) ........ BaEane8 Sheet .. . . Notes to the Financial Statgments................ 10- 12 Glossary of Financial Terms.......................... 13

Charlty Nam•: Universal Harvest Oth•r Nam•s: UH Charlty Numb•r. 1164628 Start of Financial Year: 01 December 2023 End of Financial Y•ar. 30 November 2024 Tru8la•s at 30 Novèmb•r 2024: - Emmanuel Fal￿ ICE0} Jeffrey Nketia (Chair) Damibla Falusi (Trustee) - Sarah Appiah (Trustee) Cecilia FalU￿ (Trustee) - Lull Adewunmi (Trustfr•) Govemlng InstrumenL" CIO (Association) registered with the Charity Commission. Objects.. Reli8f of povety by provision of non-perishabl8 in41ate f(KMJ for tl)ose in need by reason of sickness, age or economic har(Ishlp. Offi¢0: 182-184 High Street North. London. E6 2JA Primary 8ank•rn: Barclays Bank, 55158 8roa(hvay, London, E15 1XJ Ind•pend•nt Examlnor. Vthr Oshin, 7 Coronation CourL Hamfrith Road, London.

TRUSTEES, REPORT Objertives and activities Universal Harvest is a Charitsble In¢oTporated Organlsation (CIO). Our charltabl purposes are for the public benefft.. the relief of wvety by providing non-perishable and in-date food items to people in the UK who are in conditions of need by reason of sickness, age. or economic circumstances. In d8livÈring these purposes we mobilise volunteers and local partners to ensure that fo¢)J support reathes indtviduals and families facing hardship. Artivities undertaken to achleve objectives Buikling on 2022123, the Charity continued its wre actsvities of food procurement, packnng and distrsbution. Operations were conwlidat8d in Newham and scaled across Tower Hamlets, Barking & Dagenham and Greenwch. The model comprkses weekly procurement of non-perishable f(￿, volunteer-led packing hubs, and scheduled deliveries to partner Organisat￿nS and directly to benefioaries identified through referrals. Advisory signposting and light-touch workshops w&re offered alongside dislributh)ns to address drivers of f(￿ povety (budgeting, benefits, empk)yment readiness and wellbeing). A typical food pack o)mprises nutritionalty-fo¢us8d staplos (e.g. rice. pasta. b8ans, cereals. UHT milk. lsnned vegetables. sauces, oil and teal. Logisttcs routes and safe storage procedures wer8 fomialksed to improv• timolinoss. trac•abilty and cost control. Current programming • Weekly Food Support.. regu18r distribution to househol￿ in Newham and partner hubs in thr88 additional boroughs. • Partnership Hubs: coll8￿rSt10n with community organisalh)ns to identify and support vulnerable househokls. . Advisory services.. Signposting during d￿Very arKI distribution days. . Volunt08r Devèlopment.. structu¥ed induction. safeguarding. manual handling and food hygiene awaren￿. Achlevements and performance Key outcomes in the year induded: - Seale.. over 1.500 food packs distributed (2022123: c.1,(th). . Reach.. four London boroughs $aNed,. 20+ partners active.

. Voluntèèrs.. 20+ active volunleers. . Advisory touchpoints: >200 benèfiuary interact¥Jn8 for bUdgelin￿￿gnpo$tI￿. . servi￿ quality: improved scheduling and feedback mechanism8. Publlc benefit In setting our obJ'edNes arKI planning adivities the trustees have had due regard to the Charty Commi8sion's guidance on public benefft. The prin￿paI public benefit delivered is the allaviation of poverty and food insecurty among people exp8rienong hardship, induding those affected by illness, disability, age. unemployment or low income. Structure. governance and management The CIO is govemed by its constitution. Twstees are appointed for thre&ye8r tarms by resolution of the board. The trustees oversee strategy, risk, safeguarding and financial managèmènt. meeting regularty lo review operational and financial performance. The charity had no empFoyees during the year, activities were delivered by trained volunteers. Policies reviewed included safeguarding, data protection, volunteer manag8men{ health and safety. and financaal o)ntrol$. Financial review Total incoming resources"'(net of refundslcharges)" were £114,917.22, comprlslng: donations & legacies £113,286.95. tharttable adivitigs £0.00, inv8$tmènt incomé £0.00. and other income £1,630.27. Total resources expended were £113,540.60. Net movement in funds was £1,376.62. Year-end unrestrthd funds werB £1,715.62 (opening £339.00). Reserves policy The trustees aim to maintain unrvstricted reserves equivabnt to approximately three months, C£¢re operating costs. At year end, unrestricted reserves were below this target., the trustees intend to build reseN89 prudènty through fundraislng and effidency gains while prioritising delivery to beneficiaries.

Responsibilities of Trustees The trustees are responsible for pr8parfng the Trustees, Report and the financial statements in accordan￿ wtth applicable18w arKI United Kingdom Accounting Standards. They must not approve the financial ststements unless satlsfied that they give a true and fair vi8w. The tnjslees are responsible for keeping propef accounting records and for safeguarding the assets of the charity.

INDEPENDENT EXAMINER'S REPORT ON THE ACCOUNTS Report to the trusts8s of Univèrsal Harvest on th8 accounts for the year ended 30 November 2024. Resp•ctlv• rospon8lblllllo8 of Irusto08 and examln•r The chariws trustees are reswnslble for the preparation of the ac￿unts. The trustees cOn￿der that an audr( is not required for thi% year under secbon 144 of the Charit￿$ Act 2011 las amended> and that an independent examinatp)n is needed. It is my responsibility to examine the accounts under seGtion 145, to follow thè procedures laMI down in the general Directions given by the Charity CommissK)n, and to state whethor particular matters have come to my attentK>n. 8a818 of Ind•p8nd•nt •xamlnorf8 Stat•m•nt My examinati￿ was carrbed out in ar£ortlanc8 WFth the genoral Dwections. An examinatK)n includes a reviaw of the accounting records kept by the Charity and a ¢omparison of th¢ accounts presented wrth those records. It also includes consid•ration of any unusual items or disclosufes and seeking &xplanatKJns from the trustees. The procedures undertak&n do not Provide dl the evidènce that woukl be raquirod in an audit and consequently no oplnk)n is given as to whether the ac£ounts give a Iwe and fairf view. Indépond•nt •x•mln•rfs slat•m•nt In connectKJn with my exaMinat￿n. rK) matter has come lo my attent￿n to gfve me asonable cause to believe that, in any material rèspect, thè requrrements to keep proper accounting records and to preparè a¢￿Unts wh￿h accord wtth those re￿rdS hav8 not bgèn met. Sbgned.. Vlctor Oshln Independent Examiner Date.. 8 s8ptem￿r 2025 7 Coronation Court, Hamfrith Road, London. E15 4JS

STATEMENT OF FINANCIAL ACTIVITIES Unrastricted R8strict•d (£) 113.286.95 Total Totsl 2023124 (£) 2022123 (£) 113.286.95 77.762.00 (£) Income: Donations & lggacies Income: Other inc£Jm8 1,630.27 1.630.27 19.441.(kl Total in(¥Jme 114,917.22 Expenditure 60,9)).24 on charitable actNitie$ 114,917.22 97,203.00 60,900.24 Support & administrative 52.640.36 52.640.36 {overt￿ad8} Totsl axpèndituro Net movement in funds 113.540.60 113.540.60 97,298.ts) 1,376.62 1.376.62 (-95.00) Funds brought fofward 339.00 339.00 339.IXI Funds carried 1,715.62 forward 1.715.62 244.00

BALANCE SHEET ASAT 30 NOVEMBER 2024 2024 [£) 2023 (Q Tangible fixed ￿Sets Current assets Debtors & prepayments Cash at bank and in hand 1.715.62 339.00 Creditors.. amounts falling due within one year Net assets 1.715.62 339.00 Funds ofthe charlty Unrestrirted general fvnds Restrirted ￿ndS 1.715.62 339.00 Total funds 1,715.62 339.00 The finan¢ial statèments were approved by thè trustees on {datel and signed on their behalf by- l.-e-f-L￿￿EMmanUej Falusi (Trustee) Damilola Falusi (Trustee)

NOTES TO THE FINANCIAL sfATEME l. Accounting policies 1.1 Basls of preparatlon The financial statements have been prepared ro Eive a'true and fair. view and have departed from the Charities (Accounts and Reports) Regulattons 2008 only to the extent required to provide a't￿e and fairf view. This departure has involved following the Charities SORP (FRS 102) published on 16 luly 2014 rather than the Accounting and Reporting by Charities.. Statement of Recommended Practlce effecttve from l April 2005 which has since been withdrawn. The finan￿ statements have been prepared under the historical cost convention with items recognized at cost or transartlon value unless otherwise stated fftn the relevant notes to these accounts. The financtal statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance wlth the Flnancial Reporting Standard applicable the United Kingdom and Republic of Ireland (FRS 102) and Charities Art 2011. Universal Harvest conSti￿teS a public benefitentity as defined by FRS 102. 1.2 Income reco8nltlon Income is recognised when the charity has entitlemenL receipt is probable and the amount can be measured reliably. Donations and legacies are recognised on receipt Other income includes small contributions related to charitable activities. 1.3 Expendlture recognldon and allocatEon Expenditure is recognised on an accruals basis when a legal or construrtlve obllgation arise& Costs dirertly attributable to an activity are allocated to thar activity. Support and governance costs are allO￿ted to charitable activities on a reasonable basis reflerting usage. 1.4 Fund a¢coundn8 Unrestricted funds are avallable for use at the dlscretion of the trustees in furtherance of the general objectives. Restricted funds are subject to conditions imposed by don0￿ No restrlrted funds were held in the year. 1.5. Tanglble flxed assets No capital addltlons were made during the year and no fix¢d assets were held at year end. l.& Flnanclal Instruments The charity only has basic finanaal instruments being cash and short-term recelwdbles and payables measured at amortised cosL 10

1. Income analysis Income category Donations & ¢hatitable giving Charitable activiti88 Investment incom6 Other inctme 2023124 (£) 113,286.95 20221231£) 77.762.00 1.630.27 114.917.22 19.441.00 97,203.00 Total income 3, Expenditure analysts Expenditure category Charitable activities- dellv8ry Support & administratlve costs (overheads) Raising funds Other costs 2023124 (£) 60.900.24 2022123 {£) 23,410.00 52,640.36 73,888.00 Totsl 6xp8nditure 113,540.60 97.298.005
2. Staff costs and numbers No staff were ernployed during the period {2023r24). Adivltles were dellvered by volunteèrs.
3. Trustees and other related parties No trustèe receNed remuneration or bènofits from the charity in the year (2023124}. No Èxpens8s were reimbursed to trustees12023124). No reLqted party transactions.
4. Risk assessment Principal risks include funding volatiltty. supply chain disruption, safeguarding in community settings. and volunteer capaaty. Mitigations include dtverstfied fundraising, supplier altematives, Safeguarding policy and training. and active volunteer managament.
5. Reserves policy The trustees tsjnsider a target of approximately thre8 months. core costs to be prudent. At year end unrestricted reserves were £1,715.62. below tsrget,. a plan is in place lo build reseryes.
6. Public benefft See Trustees. Report- Public Benefft for narrative disdosure.

Detailed Statement of Financial Actlvitles For the year ended 30 November 2024 ncome Donations and Charitsble GNing.' £113.286.95 Other Income: £1,630.27 Total Income: £114.917.22 Expenditure Detailed Expense Amount 1£) Expenditure- Charitable Activitses Gr￿n6$ & Programmo Supplies Travel 30.331.34 3.606.51 Purchases 26.962.39 Expenditure - Support Costs IAdminlOv8rheadsl Office & General Supplles 7,021.74 Telecoms & Intemet 2,371.30 Motor Vehide 22,876.08 Software & Subscriptions 1.389.77 Insurance 1.799.99 Utilities- Energy 1,971.19 Office Rent & Storage 10.428.75 Post Office 943.80 Food & Hospitallty 3,837.74 Tolal Expendlture: £113.540.60 Summary Total Income: £114.917.22 Total Exp8ndltur8: £113,540.60 Nat Movemenl in Funds.. £1,376.62 12

Glossary of Financlal Terms SOFA {Stal•mont of Flnanelal Actlvluos): A summary of the charivs income and expendlture. Unr08trlct•d Funds: Money that ean be used at the trustees, dwetlon for thè charws objectlv8S. Ro8trlct•d Funds: Money given lor a SF£ofic purpose that must b• used acurdingly. R•serv•s: Unspent funds hehd for stablllty and futur8 n88ds. Ind•p•ndfrnt Examlner. A person who revieY43 the acwunts to ensur8 they are prepared property bul without a full audit. 13