## **Trustees’ Annual Report for the period** **From 1st April 2024 Period start date To 31st March 2025 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|Para 1.18|The trustees have had regard to, and| ||issued by the Charity
Commission on public
benefit||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 n/a Para 1.38 Policy on social investment including program related investment We have approximately 40 volunteers who are key to providing our service. They not only help sort and pack up donated items for Para 1.38 the families we help, but also help with Contribution made by administration, social media etc. volunteers We have four members of staff: a CEO, an office manager, service manager and a part time fundraiser. We are currently recruiting for an Administrative Assistant and a Driver (to start work in FY25/26). 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 the past ten years, we have supported
11,000 families with over 460,000 individual
items. Approximately 70% of families have
more than one child so we estimate that we
have supported 2,152 children in the past
year, and over 18,000 children overall.| ## **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 £104,504 and expenditure of
£115,407| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|Baby Bank Network aims to maintain free
unrestricted reserves:
●to provide a level of working capital
that protects the continuity of our
core work
●to provide a level of funding for
unexpected opportunities
●to provide cover for risks such as
unforeseen expenditure or
unanticipated loss of income.
The level of**unrestricted reserves**that Baby
Bank Network wishes to attain is currently
expressed as**between three and six months’**
**equivalent of fxed and variable costs**.
This is based on our current service model
which, should it be necessary, could cease
expenditure on most variable costs
immediately. This would include operating
the delivery service and purchasing items
such as mattresses which we give to the
families that we help. The majority of our
stock is donated, and we would be able to
continue to give this out to families at little
cost until it ran out. We are predominantly
funded by one-of grants and funding from
our own campaigns, meaning that we do not
have regular reliable multi-year sources of
income.
Three months worth of reserves would
enable us to pay for our commitments
towards our staf (who are on 2 month notice
periods) and our rent (paid quarterly) before
closing our charity.| |||Holding six months worth of reserves
ensures that we are not operating “hand to
mouth” and would allow opportunity to plug
any funding gaps before having to make a
decision to close. We additionally may need
to fnd funds for potential additional
operational costs such as staf absence for
parental leave or sickness. As a very small
team, we can not absorb other people’s work
and would need to hire temporary cover.
Baby Bank Network is currently in a growth
phase and our recent strategic plan lays out
the need for us to adapt our service and to
grow (requiring a larger or additional
premises and additional staf) in order to be
able to help more families than we can with
our current warehouse space and staf level.
Using our budget for FY25/26 (which
includes the additional costs for the two new
members of staf being recruited in April
2025), our target for unrestricted reserves is
£35,394 - £70,788.| |---|---|---| |Amount of reserves held|Para 1.22|£118,848 (£62,632 restricted, £56,216
unrestricted)| |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)|The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|Trusts and foundations, corporate donors,
individual donors, events.| |---|---|---|---| ||||| |||| |---|---|---| |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: |
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||As well as building a successful service in Bristol,
our co-founders have recently been involved in
an exciting national project;
four partners (
Baby
Bank Network Bristol
,
Little Village
in London,
Save the Children
and
Ark
)are working together
to create a new national
Baby Bank Alliance
whose aim is to increase the profle and impact
of the vital work undertaken by over 350 baby| banks run in local communities across the UK. Our hope is that an alliance will help baby banks to share knowledge and resources, attract funding, in kind donations, corporate partners that they couldn’t secure alone and grow the overall baby bank movement. 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
13
14
15
16
17
18
19
20||**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Nam**
**e of**
**pers**
**on**
**(or**
**body**
**)**
**entitl**
**ed to**
**appo**
**int**
**trust**
**ee (if**
**any)**| |---|---|---|---|---|---| |||Karen Houseman|Chair|From April 2025|| |||Anna Zawada|Treasurer||| |||Stephanie King|||| |||Cristiana Ruocco|||| |||Morena Staiano|||| |||Eva Fernandes|||| |||Olivia Lawson|||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| – 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 Dat85 acted if not for who18 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)** Rebecca Gilbert (CEO) ## **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)** Karen J Houseman **Full name(s)** Karen J Houseman **Position (eg** Chair **Secretary, Chair, etc) Date** 07/10/2025 |||||**Baby Bank Network**|**Baby Bank Network**|**Baby Bank Network**||||||||**No**|**No**|**No**|**1165381**|**1165381**||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||**Receipts and payments accounts**
Period start date
Period end date||||||||||||||||||**CC16a**|| ||||||**For the period**
**from**|||1-Apr-24|||**To**||||||31-Mar-25|||||||| |**Section A Receipts and payments**||||||||||||||||||||||||| ||||||**Unrestricted**||**Restricted funds**||||**Endowment**||||||**Total funds**||||||**Last year**|| ||||||**to the nearest £**|||**to the nearest**|**£**||**to the nearest £**||||||**to the nearest £**||||||**to the nearest £**|| |**A1 Receipts - Donations, grants, other funding**||||||||||||||||||||||||| |Grants||||**-**|**14,675-**||**-**|**53,891-**|||**-**|**--**||||**-**|||**68,566-**|||**-**|**102,961-**|| |Crowdfunding||||**-**|**--**||**-**||**--**||**-**|**--**||||**-**|||**--**|||**-**|**--**|| |Donations||||**-**|**21,049-**||**-**||**--**||**-**|**--**||||**-**|||**21,049-**|||**-**|**14,464-**|| |Fundraising Activities||||**-**|**13,792-**||**-**||**--**||**-**|**--**||||**-**|||**13,792-**|||**-**|**13,271-**|| |Other Earned Income||||**-**|**--**||**-**||**--**||**-**|**--**||||**-**|||**--**|||**-**|**--**|0.13| |Other Income||||**-**|**647-**||**-**||**--**||**-**|**--**||||**-**|||**647-**|||**-**|**5,010-**|| ||**_Sub total_**_(Gross income for AR)_|||**-**|**50,163-**||**-**|**53,891-**|||**-**|**--**||||**-**|||**104,054-**|||**-**|**135,706-**|| |||||||||||||||||||||||||| |**A2 Asset and investment sales,**||**(see table).**||||||||||||||||||||||| |not applicable||||**-**|**--**||**-**||**--**||**-**|**--**||||**-**|||**--**|||**-**|**--**|| |||**_Sub total_**||**-**|**--**||**-**||**--**||**-**||**--**|||**-**|||**--**|||**-**|**--**|| |||||||||||||||||||||||||| |||**_Total receipts_ **||**-**|**50,163-**||**-**|**53,891-**|||**-**||**--**|||**-**|||**104,054-**|||**-**|**135,706-**|| |**A3 Payments**||||||||||||||||||||||||| |Staff||||**-**|**42,428-**||**-**|**29,637-**|||**-**|**--**||||**-**|||**72,065-**|||**-**|**66,788-**|| |Governance Costs||||**-**|**937-**||**-**|**2,744-**|||**-**|**--**||||**-**|||**3,682-**|||**-**|**2,434-**|| |Office / Premises Costs||||**-**|**2,229-**||**-**|**14,113-**|||**-**|**--**||||**-**|||**16,342-**|||**-**|**13,306-**|| |Running Costs||||**-**|**660-**||**-**|**1,066-**|||**-**|**--**||||**-**|||**1,726-**|||**-**|**1,695-**|| |Volunteer Costs||||**-**|**243-**||**-**||**112-**||**-**|**--**||||**-**|||**355-**|||**-**|**436-**|| |Project Activity||||**-**|**--**||**-**|**20,942-**|||**-**|**--**||||**-**|||**20,942-**|||**-**|**17,975-**|| |Fundraising Costs||||**-**|**115-**||**-**||**180-**||**-**|**--**||||**-**|||**295-**|||**-**|**118-**|| |Capital Items||||**-**|**--**||**-**||**--**||**-**|**--**||||**-**|||**--**|||**-**|**--**|| |Other Expenditure||||**-**|**--**||**-**||**--**||**-**|**--**||||**-**|||**--**|||**-**|**3,354-**|| |||**_Sub total_ **||**-**|**46,613-**||**-**|**68,794-**|||**-**||**--**|||**-**|||**115,407-**|||**-**|**106,106-**|| |||||||||||||||||||||||||| |**A4 Asset and investment purchases, (see table)**||||||||||||||||||||||||| |not applicable||||**-**|**--**||**-**||**--**||**-**||**--**|||**-**|||**--**|||**-**|**--**|| |||||**-**|**--**||**-**||**--**||**-**||**--**|||**-**|||**--**|||**-**|**--**|| |||**_Sub total_ **||**-**|**--**||**-**||**--**||**-**||**--**|||**-**|||**--**|||**-**|**--**|| |||||||||||||||||||||||||| |||**_Total payments_ **||**-**|**46,613-**||**-**|**68,794-**|||**-**||**--**|||**-**|||**115,407-**|||**-**|**106,106-**|| |||||||||||||||||||||||||| ||**_Net of receipts/(payments)_ **|||**-**|**3,550.00-**||**-**|**14,903-**|||**-**|**--**||||**-**|||**11,353-**|||**-**|**29,600-**|| |**A5 Transfers between funds**||||**-**|**--**||**-**||**--**||**-**||**--**|||**-**|||**--**|||**-**|**--**|| |**A6 Cash funds last**|**year end**|||**-**|**52,666-**||**-**|**77,535-**|||**-**||**--**|||**-**|||**130,201-**|||**-**|**100,601-**|| ||**_Cash_**|**_funds this year end_ **||**-**|**56,216-**||**-**|**62,632-**|||**-**|**--**||||**-**|||**118,848-**|||**-**|**130,201-**|| ## **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|||**-**|**66,564-**|||**-**|**62,632-**|||**-**|**--**||| ||less payments made but not processed|||||||||||**-**|**--**||| ||**_Total cash funds_**|||**-**|**66,564-**|||**-**|**62,632-**|||**-**||**--**|| ||(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**||||||||**-**|**--**|||**-**|**--**||| ||||||**Fund to which**||||**Amount due**||||**When due**||| ||**Details**||||**liability relates**||||**(optional)**||||**(optional)**||| |**B5 Liabilities**|Accounts payable and deferred income on grant||||348.64|||**-**|**10,000-**||||||| |Signed by one or two trustees on behalf of all the trustees|Signature||||Print|Name||||||Date of approval|||| ||Karen J Houseman||||Karen J Houseman||||||||07/10/2025||| ||||||||||||||||| CCXX R1 accounts (SS) 10/7/2025 1 7/27/25, 9:42 AM Examiner report June25 signed.jpeg https://drive.google.com/file/d/1_9b5WK_w6yRmjDot2xaQ6zSwi3tH9Toj/view 1/1