## **Trustees’ Annual Report for the period** **From 1 April 2023 Period start date To 31 March 2024 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|| |---|---|---| |Policy on grant making|Para 1.38|N/A| |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 four members of staff: a CEO, 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
We helped 1798 families in 2023/24 with
over 82,000 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 £135,706 and expenditure of
£106,106| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|At the end of FY23/24, we held £52,666 in
unrestricted funds equivalent to 7.2 months
core running costs (£7,344 per month excluding
all project costs).
Our core running costs will increase over the
next financial year due to introducing a new
service with new staff. We are building our
unrestricted reserves accordingly to comply with
our minimum reserves policy.
We have £31,691 in restricted reserves towards
project costs such as the delivery service and
mattress costs. The remaining £45,884 is
designated for projects supporting our growth
and development key to achieving our strategic
goals (e.g. launching a second arm to our
service, improving our premises and hiring
more staff).| |Amount of reserves held|Para 1.22|£130,201 ( £52,666 unrestricted
£77,535 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 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:|**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|Trustees receive an induction pack on
joining.| |The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|| |Relationship with any
related parties|Para 1.51|| 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
20|**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||| ||Stephanie King||From Nov 23|| ||Eva Fernandes|||| ||Anna Zawada|Treasurer||| ||Morena Staiano|||| ||Cristiana Ruocco||From Nov 23|| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| – 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** **----- Start of picture text -----**
Signature(s)
Full name(s) Rosanna James
Position (eg Secretary, Chair
Chair, etc)
Date 10/12/25
**----- End of picture text -----**
||**Baby Bank Network**
|**Baby Bank Network**
|**Baby Bank Network**
|**No 1165381**|**CC16a**|||| |---|---|---|---|---|---|---|---|---| ||**Receipts and payments accounts**|||||||| ||**For the period**
**from**|Period start date
1-Apr-23|**To**|Period end date
31-Mar-24||||| |**Section A Receipts and payments**||||||||| |**A1 Receipts - Donations, grants, other funding**|**Unrestricted**
**to the nearest £**|**Restricted funds**
**to the nearest £**|**Endowment**
**to the nearest £**|**Total funds**
**to the nearest £**|**Last year**
**to the nearest £**
**-**
**68,033-**
**-**
**--**
**-**
**22,647-**
**-**
**5,263-**
**-**
**--**
**-**
**53-**
**-**
**95,996-**
**-**
**--**
**-**
**--**
**-**
**95,996-**
**-**
**36,165-**
**-**
**2,825-**
**-**
**12,277-**|||102961
14464
13271
5010
18281| |
Grants|**-**
**15,254-**|**-**
**87,707-**|**-**
**--**|**-**
**102,961-**|**-**
**68,033-**|||| |Crowdfunding|**-**
**--**||**-**
**--**|**-**
**--**|**-**
**--**||**-**
**117,425-**|| |Donations|**-**
**14,464-**||**-**
**--**|**-**
**14,464-**|**-**
**22,647-**||-
117,425-|| |Fundraising Activities|**-**
**13,271-**||**-**
**--**|**-**
**13,271-**|**-**
**5,263-**|||| |Other Earned Income|**-**
**--**||**-**
**--**|**-**
**--**|**-**
**--**|||| |Other Income|**-**
**5,010-**
**-**
**47,999-**||**-**
**--**|**-**
**5,010-**|**-**
**53-**|||| |**_Sub total_**_(Gross income for AR)_||**-**
**87,707-**|**-**
**--**|**-**
**135,706-**|**-**
**95,996-**|||| |||||||||| |**A2 Asset and investment sales, (see table).**||||||||| |
not applicable|**-**
**--**
**-**
**--**|**-**
**--**|**-**
**--**|**-**
**--**|**-**
**--**|||| |||**-**
**--**|**-**
**--**|**-**
**--**|**-**
**--**|||| |||||||||| ||**-**
**47,999-**|**-**
**87,707-**|**-**
**--**|**-**
**135,706-**|**-**
**95,996-**|||| |||||||||| |
Staff|**-**
**37,756-**|**-**
**29,032-**|**-**
**--**|**-**
**66,788-**|**-**
**36,165-**|||| |Governance Costs|**-**
**2,434-**|**-**
**--**|**-**
**--**|**-**
**2,434-**|**-**
**2,825-**|||| |Office / Premises Costs|**-**
**1,135-**|**-**
**12,171-**|**-**
**--**|**-**
**13,306-**|**-**
**12,277-**|||| |Running Costs|**-**
**1,695-**|**-**
**--**|**-**
**--**|**-**
**1,695-**|**-**
**1,846-**|||| |Volunteer Costs|**-**
**423-**|**-**
**14-**|**-**
**--**|**-**
**436-**|**-**
**111-**|||| |Project Activity|**-**
**562-**|**-**
**17,414-**|**-**
**--**|**-**
**17,975-**|**-**
**14,183-**|||| |Fundraising Costs|**-**
**118-**|**-**
**--**|**-**
**--**|**-**
**118-**|**-**
**48-**|||| |Capital Items|**-**
**--**|**-**
**--**|**-**
**--**|**-**
**--**|**-**
**--**|||| |Other Expenditure|**-**
**272-**|**-**
**3,082-**|**-**
**--**|**-**
**3,354-**|**-**
**--**|||| |**_Sub total_ -**
**44,394-**
**A4 Asset and investment purchases, (see table)**|**-**
**44,394-**|**-**
**61,712-**|**-**
**--**|**-**
**106,106-**|**-**
**67,455-**|||| |||||||||| |||||||||| |**A4 Asset and investment purchases, (see table)**||||||||| |
not applicable|**-**
**--**|**-**
**--**|**-**
**--**|**-**
**--**|**-**
**--**|||| ||**-**
**--**
**-**
**--**|**-**
**--**|**-**
**--**|**-**
**--**|**-**
**--**|||| |||**-**
**--**|**-**
**--**|**-**
**--**|**-**
**--**|||| |||||||||| ||**-**
**44,394-**|**-**
**61,712-**|**-**
**--**|**-**
**106,106-**|**-**
**67,455-**|||| |||||||||| ||**-**
**3,605-**|**-**
**25,995-**|**-**
**--**|**-**
**29,600-**|**-**
**28,541-**|||| ||**-**
**--**|**-**
**--**|**-**
**--**|**-**
**--**|**-**
**--**|||| ||**-**
**49,061-**
**-**
**52,666-**|**-**
**51,540-**|**-**
**--**|**-**
**100,601-**|**-**
**72,060-**|||| |||**-**
**77,535-**|**-**
**--**|**-**
**130,201-**|**-**
**100,601-**|||| |||||||||| |||||||||| |||||||||| |**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**||**Unrestricted**
**to nearest £**|**Restricted funds**
**to nearest £**|**Endowment**
**to nearest £**
**-**
**--**
**-**
**--**
**-**
**--**
OK
**Endowment**
**funds**
**to nearest £**
**-**
**--**
**Current value**
**(optional)**
**-**
**--**
**Current value**
**(optional)**
**-**
**--**
**When due**
**(optional)**|||| ||Bank Balance at end of period||**-**
**73,058-**|**-**
**77,535-**|**-**
**--**|||| ||less payments made but not processed||||**-**
**--**|||| ||**_Total cash funds_**
(agree balances with receipts and payments account
(s))
**Details**||**-**
**73,058-**|**-**
**77,535-**|**-**
**--**|||| ||||Agreement Error
**Unrestricted**
**funds**
**to nearest £**|OK
**Restricted funds**
**to nearest £**||||| ||||**-**
**--**|**-**
**--**|**-**
**--**|||| ||**Details**||**Fund to which asset**
**belongs**|**Cost (optional)**||||| |||||**-**
**--**|**-**
**--**|||| ||**Details**||**Fund to which asset**
**belongs**|**Cost (optional)**||||| |||||**-**
**--**|**-**
**--**|||| ||**Details**||**Fund to which**
**liability relates**|**Amount due**
**(optional)**||||| ||Accounts payable and deferred income on grant||393.58|**-**
**20000-**||||| |||||**,**||||| ||Signature||Print|Name||||| |||||||||| |||||||||| CCXX R1 accounts (SS) 12/10/2024 1 10/12/2024, 21:34 Examiner report Nov 24 signed.jpeg https://drive.google.com/file/d/1iB1oAvq0Rz8pyCcfuZYlC8dJfJeVCt7G/view 1/1