Trustees’ Annual Report for the period
From 1 April 2022 Period start date To 31 March 2023 Period end date
Charity name: Baby Bank Network
Charity registration number: 1165381
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | a. The prevention or relief of poverty in the UK in particular by providing items and services to families with young children and/or to charities or other organisations who also work to prevent or relieve poverty amongst families with young children; and b. for the public benefit, the advancement of health of women who are pregnant or who are mothers of young children and of children in particular by providing advice and support in relation to pregnancy, birth, post-natal health and breast feeding |
| 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 |
Providing second hand baby and child items to families in need (e.g. families on low incomes, refugees and asylum seekers, victims of domestic violence). We also supply some new items which we buy, such as mattresses and bottle teats (which cannot be passed on second hand). |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | The trustees have had regard to, and discussed in meeting, the Charity Commission’s guidance on public benefit. |
Additional information (optional) You may choose to include further statements where relevant about:
SORP reference N/A Para 1.38 Policy on grant making
| Policy on social investment including program related investment |
Para 1.38 | N/A |
|---|---|---|
| Contribution made by volunteers |
Para 1.38 | We have approximately 40 volunteers who are key to providing our service. They not only help sort and pack up donated items for the families we help, but also help with administration, social media etc. We have three members of staff: an office manager, service manager and a part time fundraiser. |
| Other |
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 | In terms of the numbers of families helped per week, we have seen an increase in demand for our services. We anticipate this will continue as a result of the cost of living crisis, socioeconomic pressures and the aftermath of the pandemic. We helped 1586 families in 2022/23 with almost 5,500 items |
Additional information (optional) You may choose to include further statements where relevant about:
| Achievements against objectives set |
Para 1.41 | |
| Performance of fundraising activities against objectives set |
Para 1.41 |
| Investment performance against objectives |
Para 1.41 | |
|---|---|---|
| Other |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | Receipts of £95,996 and expenditure of £67,455 |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | We have total reserves of approximately £100,601 – of this £49,061 is unrestricted reserves to cover at approx 8 months running costs. |
| Amount of reserves held | Para 1.22 | £100,601 ( £49,061 unrestricted £51,540 restricted funds} |
| Reasons for holding zero reserves |
Para 1.22 | n/a |
| Details of fund materially in deficit |
Para 1.24 | n/a |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | n/a |
| Additional information (optional) You may choose to include further statements |
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 | Grants, community events and individual donors. |
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | |
| A description of the principal risks facing the charity |
Para 1.46 | |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Charitable Incorporated Organisation constitution |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | CIO |
| 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 | New trustees are required to complete an application form and are interviewed to assess their suitability. |
Additional information (optional) You may choose to include further statements where relevant about: Trustees receive an induction pack on joining. Policies and procedures adopted for the induction Para 1.51 and training of trustees The charity’s organisational structure and any wider Para 1.51 network with which the charity works Relationship with any Para 1.51 related parties Other
Reference and Administrative details
| Charity name | Baby Bank Network |
|---|---|
| Other name the charity uses | |
| Registered charity number | 1165381 |
| Charity’s principal address | Ground Floor, Unit 5, Stoke View Business Park, Stoke View Road, Bristol BS16 3AE |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 15 16 17 18 19 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (if any) |
|---|---|---|---|---|
| Rosanna James | Chair | |||
| Karen Houseman | ||||
| Eva Fernandes | ||||
| Rebecca Gilbert | ||||
| Morena Staiano | ||||
| Lauren Peters | ||||
| Lyn Sullivan | ||||
| Catharine Macleod | Treasurer | |||
| Anna Zawada | ||||
| 20 |
– 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 adviser Name Address |
Type of adviser Name Address |
Type of adviser Name Address |
|
|---|---|---|---|
| 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) Rosanna James Position (eg Secretary, Chair Chair, etc) Date 17.12.23
| Baby Bank Network |
Baby Bank Network |
Baby Bank Network |
Baby Bank Network |
CC16a | |
|---|---|---|---|---|---|
| For the period from |
Period start date 1-Apr-22 |
To | |||
| Section A Receipts and payments | |||||
| A1 Receipts - Donations, grants, other funding | Unrestricted to the nearest £ - 15,500- - -- - 19,147- - 5,263- - -- - 53- - 39,963- - -- - -- - 39,963- - 18,729- - 2,825- - 3,740- |
Restricted funds to the nearest £ - 52,533- - -- - 3,500- - -- - -- - -- - 56,033- - -- - -- - 56,033- - 17,436- - -- - 8,537- |
Endowment to the nearest £ |
Total funds to the nearest £ - 68,033- - -- - 22,647- - 5,263- - -- - 53- - 95,996- - -- - -- - 95,996- - 36,165- - 2,825- - 12,277- |
Last year to the nearest £ |
Grants |
- 15,500- |
- -- |
- 35,956- |
||
| Crowdfunding | - -- |
- -- |
- -- |
||
| Donations | - 19,147- |
- -- |
- 25,984- |
||
| Fundraising Activities | - 5,263- |
- -- |
- 4,234- |
||
| Other Earned Income | - -- |
- -- |
- -- |
||
| Other Income | - 53- |
- -- - -- |
- -- - 66,173- |
||
| Sub total(Gross income for AR) | - 39,963- |
||||
| A2 Asset and investment sales, (see table). | |||||
not applicable |
- -- |
- -- - -- |
- -- - -- |
||
Sub total Total receipts A3 Payments |
- -- |
||||
| - -- |
- 66,173- |
||||
Staff |
- 18,729- |
- -- |
- 28,170- |
||
| Governance Costs | - 2,825- |
- -- |
- 2,574- |
||
| Office / Premises Costs | - 3,740- |
- -- |
- 9,947- |
||
| Running Costs | - 1,846- |
- 14,054- - 40,027- |
- -- |
- 1,846- - 111- - 14,183- - 48- - -- - -- - 67,455- |
- 1,975- |
| Volunteer Costs | - 111- |
- -- |
- 251- |
||
| Project Activity | - 128- |
- -- |
- 15,852- |
||
| Fundraising Costs | - 48- |
- -- |
- -- |
||
| Capital Items | - -- |
- -- |
|||
| Other Expenditure | - -- |
- 121- |
|||
| **Sub total ** | - 27,428- |
- -- |
- 58,891- |
||
| A4 Asset and investment purchases, (see table) | |||||
not applicable |
- -- |
- -- - -- - -- - 40,027- - 16,006- - -- - 35,534- - 51,540- |
- -- |
- -- - -- - -- - 67,455- - 28,541- - -- - 72,060- - 100,601- |
- -- |
| - -- |
- -- - -- |
- -- - -- |
|||
| Sub total Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end **Cash funds this year end ** |
- -- |
||||
| - -- |
- 58,891- |
||||
| - -- |
- 7,282- |
||||
| - -- |
- -- |
||||
| - -- - -- |
- 64,778- - 72,060- |
||||
| Section B Statement of assets and liabilities at the end of the period | |||||
| Categories B1 Cash funds B2 Other monetary assets B3 Investment assets B4 Assets retained for the charity’s own use B5 Liabilities Signed by one or two trustees on behalf of all the trustees |
Details Bank Balance at end of period less payments made but not processed Total cash funds (agree balances with receipts and payments account (s)) Details Details Details Details Signature |
Unrestricted to nearest £ |
Endowment to nearest £ |
||
| - 49,447- |
- -- |
||||
| - -- |
- -- |
||||
| - 49,447- |
- -- |
||||
| Agreement Error Unrestricted funds to nearest £ |
OK Endowment funds to nearest £ |
||||
| - -- |
- -- |
||||
| Fund to which asset belongs |
Current value (optional) |
||||
| - -- |
|||||
| Fund to which asset belongs |
Current value (optional) |
||||
| - -- |
|||||
| Fund to which | When due | ||||
| 386 | |||||
| Date of approval | |||||
Section B Statement of assets and liabilities at the end of the period
| Categories | Details | Unrestricted | Restricted funds | Restricted funds | Endowment | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| to nearest £ | to nearest £ | to nearest £ | ||||||||||||||
| B1 Cash funds | Bank Balance at end of period | - | 49,447- | - | 51,540- | - | -- | |||||||||
| less payments made but not processed | - | -- | - | -- | - | -- | ||||||||||
| Total cash funds | - | 49,447- | - | 51,540- | - | -- | ||||||||||
| (agree balances with receipts and payments account (s)) |
Agreement Error | OK | OK | |||||||||||||
| Unrestricted | Restricted funds | Endowment | ||||||||||||||
| funds | funds | |||||||||||||||
| Details | to nearest £ | to nearest £ | to nearest £ | |||||||||||||
| B2 Other monetary assets | - | -- | - | -- | - | -- | ||||||||||
| Details | Fund to which asset belongs |
Cost (optional) | Current value (optional) |
|||||||||||||
| B3 Investment assets | - | -- | - | -- | ||||||||||||
| Details | Fund to which asset belongs |
Cost (optional) | Current value (optional) |
|||||||||||||
| B4 Assets retained for the charity’s own use | - | -- | - | -- | ||||||||||||
| Details | Fund to which | Amount due | When due | |||||||||||||
| B5 Liabilities | 386 | - | -- | |||||||||||||
| Signed by one or two trustees on behalf of all the trustees | Signature | Name | Date of approval | |||||||||||||
CCXX R1 accounts (SS)
12/11/2023
1
Jon Stephens Professional Accounting Supportfor the l°oluntary Sector 26 Nutgrove Ave Victoria Park Bristol BS3 4QE Tel mb 07906 856?63 e-mail jostephs@yahoo.co.uk ioth December 2023 Independent examinerfs report to the trustees of Babybank charity I report to the trustees on my examination of the accounts of the Babybank (the Charity) for the year ended 31st March 2023. Responsibilities and basis of report As the charity trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the ACY). I report in respect of my examination of the Charitvs accounts carried out under section 145 of the 2011 Art and 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 examinerfs 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: l. accounting records were not kept in respect of the Charity as required by section 130 2. the accounts do not accord with those records. or 3. the accounts 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. 4. 1 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. 5. 1 have kept a record of my examinations and any meetings and documents obtained from the charity or from trustees. 6. Lastly, I think the charity has kept good records and has a very good control over their finances and has built up a reasonable amount of funds to continue on a sound basis. Signed Name Jon Stephens Address 26 Nutgrove Ave Victoria Park Bristol BS3 4QE Date 10th December 2023