Registered Chanty cio No.. 1166301
REPORT AND ACCOUNTS
for the annual financial
eriod ended
31st March 2024
for
WADEBRIDGE FOODBANK AND STOREHOUSE

WADEBRIDGE FOODBANK AND STOREHOUSE
INDEX TO THE FINANCIAL STATEMENTS
for the financial period to 31st March, 2024
Page
Legal and Administrative Informalion
Report of Ihe Trustees
Report of the Independent Examiner
Statement of Financial Activities
Balance Sheet
Notes Fom)ing Part of the Financial Statements 7 to 11
Page 1

ADEBRIDGE FOODBANK AND STOREHOUSE
Legal and Administrative Inforniation
Charlty Name and Number
Wadebndge Foodbank and StoreHouse.' registered charity number". 1166301
Charitable Incorporated Organisab"on registered on 1st April, 2016
Trustees
Richard Curnow
David Oliver
Richard Hamm
Jacqui While
Jen Ovens
Patrick Langmaid
Rev John Hereward
Keith Tucker
Kale Birch - Secretary
Chairperson
Richard Cumow
Principal Office
4 Burgess Building Eddyslone Road
Wadebridge
Cornwall
PL27 7AL
Independent Examiners
St. Kew Accountsncy Ltd.
Patto Owriak, Allen Park
St Kew Highway
Bodmin
PL30 3AR
Bankers
Lloyds
14 Molesworth Street
Wadebridge
Cornwall
PL27 70E
Page 2

WADEBRIDGE FOOD8ANK A14D STOREHOUSE
REPORT OF THE TRUSTEES
forth0 12 monlh p•rlod •nd•d 31it M•r¢h, 2024
The iTUStefr5 t¥esenllh* tewt fvext4m•lty •xaMiMd finandil BL41ementJ oflhe th•Aty thè 12 mthiih pemd ended 31$lMBich. 2024
Treflnanrjal 5tstementsha¥e been vepared in •c¢ord•w %￿h tho Ac¢cvntsrwJ kxdlr*8 ¥el oul on pagB B8n6 the rettsmowndalms ofthe Statsn*nlol
Re￿￿Then￿l Practte. AKuNnbro8nd RerAYbng byChante¥
CONSMTUTIONANO oB￿cT8
W*JetMdge Footsrth Is A f¢9Vdtwed cb8Dty CIO numbpr 116301 regiB*red 18IWI 2016 ThwotpGt8olthe Ck) 8ieYo re&evè rthon$ in N￿h ¢rnll
wfioare 1nMr￿￿nSofTheed. knards￿ wdistress In SLrh ¥v*8 as thfrbwsts&sfThn bme toinx 8¢9 fil.
ORGA1418ATION
Trelru5tees*tho seNed¢urinq tr*perKd uTrJerreVM¥a￿ *rttl￿penod er￿ art page 2.
ACHIEVEIIENTS PERFQRIIANCE
The WadebTrJge Foodb•nk •M SbrthOUSt serYe& •*idearea ￿ North Cm•ll and hay outléts In Wadebridye. Bodmin and C4rneifoid In the l•$1 firt•w81
year an oth1• h8$81so bEeD opened In P￿d￿r￿ 11 tsfounded and wn on Chrlsii8n princip1È5 11 ra a Re¥1 LNing W8ge empwr.
The FcN)aDank is partof ihe Tmssell Trusi NeNth of f¢odbanks 8nd adopts the pull￿$ anfj pradKes Trussell Trust Tr* fcN)dbank works ts) 8 referral
bas￿ This means Ihal%%e w)rfKwtn partnerswho can issue foodbank wheF5 T￿se pannws can prowde longer iern supportlogddie5s the Iss
tthind the reaso75 f¢r F*¢￿e In ¢￿s1$, vknilsi Ic¥x5bank prOvidessh￿ tem help vAth al olheallhy nutribousfood f¢r Iryjl￿OUaISand
18rnilies. rAu5 noJseholJ ￿ean￿9 rtern$, ioilethe5. nappie$. FtlfcN)d etc
o$t Iwd oon•w, and %%* alè veryorntetul ￿ the ￿sinesSeS. ¢h8ril*S. $¢hW$. L¥gaNsalKns. ￿d￿d￿81s￿￿ mak• ra9u￿r don0b￿.
Pl8ny h8v* b￿n8'F￿e￿$ of ihè F￿bank. makin9 monthty fin￿r￿lAId¢Tr81h)n1tO us
In th&yeareNJiw March 2024wett8d 1.619 reterrals and 180 Ihe equiv8L9M 014,009adulisand childrw Wedi$thtrthed4).5W k*)$ olfthj ofwh
3.35$ kgswas tnade Into ekva Chnstr)as hampers We empw tourpeople ona vanetyolfLII and partlime b8515
The OFganisatson more than a fcNJdDank. Ilisouraimto reducethe￿I￿7rtt emei9Ènty tcth har￿0￿15 Toathieve that now have Cibzans
Ad¥Ke repieJentali¥es re9ulaty In our wemw, * tan offei debl management CMsi￿n$ Aga1ns1 Povetyand manyoliwrslaff and
¥dunteers have been trained 10 9Ne vowfil00￿CO1v peWe*tho may bè BlruyEling. Wewlll •hort￿ t¢ hdp F4We-baGk io*rrk'lhroullh job
ap￿IcAtiOn skills omei. mor8 9gnerw 0ovi¢• lstrw4utn￿yg4Ven as the need Bnstrs
The main olfKeano operatsno centie forthe ￿Cl￿ank Wadebridue FTOM Ihe siorfrhouse shopwe aie81$0 abFetoséiiandgive awaygr¥)uqualty
rurniiuie and househo￿ iTrm$io those In need Th&fum￿r&I5 Lknn*&4 10 us 8nd this enables usiogeneralean Intometo nwpco¥er8uneof ourrunnlry
¢o$i$ We are verygraiefulto manygenerous ¢Yonrys- stsneof Ik8led In thi$ re
We have 9¢8nts lty Spe￿I¢DUfrA)$eSfr0m Truswi TDJSt8nd ¢ther￿ganisa￿D￿3.
W* hav$ on¢¢ 89ain t￿¥ ye8r re￿1¥*￿ • 9r4nttrom Tm$8111 Tiusi to emplw A coJnty-wid•'L￿l OrgAnis•rftho ilm￿904 ty Tr4nsfmbQl ¢om41.
Thtrur¥nii$ Into our atthunts and pas88d on direct￿ to Tr8nyformaknon eorr6¥a
Foi more det811S ano up iodate ntr4s90ts ow*byte. vA*wwadetyndgefMdbank.org
RISK MAJIAGEMENT
T￿lfulle*B havé dxomlmd the mapr*atao& hJsjw68 QwrAbrrf￿IllIkS ￿rity Iwar￿ ty8l$y#orn5 have been estabii$he
th•t enablE regULAr￿￿*Stob0 wodutéd 80th81 ￿r$s53ry5tep$ canbe fdkw tol658en nsk$
RESERVES POLICY
T￿ trnsleestta¥e • r6wr¥8$polwin Wlo ftKnthi*rykin4 caplthl. Som•fvnds•r•deyignated tr wfl¢ purpGG•S. Cthmrn￿S¢ caprfal
OXF4ndilure will also In ièseTre5.
TRUSTEES, RESPONSIBILITIES
Lw aWtaNe ¥J<briDe5 In Enownd and Wa￿$ foquiresihé tnjj￿S to wep8rei)n4nrtsl gthiwnents r¢r•8th fiN9￿81ye•r gNe a bije and 18irywrf
oltre chwIV$ SLA￿ olaff•fsduThng the fjnanctsi penthl And ol It5 fin¥n¢kg1 atthfrer￿ otthe ￿00.
In yepani-JÈi&t Sultsble accountifwJ rdiw8and then Jpply themGon$i$t¢nity.'
-make i￿￿eMentS estsrnates th¥1 are reasonab￿ prudenL
.stalevthethEftheaprdica￿e0tt￿VntIry 5trndaMs and Str￿nis0f￿)mrnen￿ed rKxlKe have b*nfoll￿0 suts'*t¥J ￿Yd￿partLtsS
discJ05ed expbain2d In 51aitmenL8. and
.wepare tne finanuai ontheg￿9coNceM b￿5. urdem thaiihe thBnty In b￿n
Tho tNiteesare r8¥ts)si￿*jf 8coJunlWJ rnwd$wtKhdisd080v•lh teas¢nob*ac<uiaryal aiy bme the finamal powb"m ofthe
Charity ar￿ to enablè I￿rn lo ensureihallhe fina￿alsLitemen￿ (wirtywth theChanwAct 1993.
Tt*y are also fesrts)s*ÈfDr5afeguarding the assetsof Lhè ch8ntyand h￿￿e loi LAking rtssoroble 3*PS lorthe prtvènllon and detth olfrnud and
other ryuL8nues.
Pm8d ty1hetr￿an￿ s￿ne1 onthw
PMI Narne".
Daled
.. 2024
Page 3

REPORT TO THE TRUSTEES OF
WADEBRIDGE FOODBANK AND STOREHOUSE
for the annual perlod to 31st March, 2024
Res
tive Res
onslbllltles of Trustees and Examiner
As the Charity'$ TnJ$tees you are responsible for the preparation of the accounts., you
consider that the audit requirement o15ection 43121 of the Charities Act 1993 Ilhe Acll
does not apply. It is my responsibility to stale. on the basis of procedures specified in
the General Directions given by the Charity Commissioners under section 43{7llbl of
the Act. whether particular matters have come to our attention.
Basis of Inde
nd9nt Examinerfs Ro
ort
My examination was carried out in accordance with the General D1￿CtionS given by
the Charity Commissioners. An examination includes a review of the accounting
records kept by the charity and a comparison of the accounts presented with those
records . It also includes consideration of any unusual items or disclosures in the
accounts and seeking explanations from you as Iruslees. con￿mIng such matters.
The procedures Undertaken do not provide all the evidence that would be required in an
audit and consequently I do not express an audit opinion on the view given by the
accounts.
Inde
endent Examlnerfs Statem
In connects'on with my examination, no matter has come lo my attention..
1)
which gives me reasonable caLtse to believe that in any material respect the
requirements to keep accounting records in accordan￿ wilh section 41 of the
Act and lo prepare accounts which accord with the accounb.ng records and to
comply with the accounting requirements of the Act have not been met.. or
lo which, in my opinion. attention should be drawn in order lo enable a proper
understsnding on the accounts to be reached.
2)
Signed..
M. Vickery
Accountant
7th October, 2024
Page 4

WAOEBRIOGE FOOD8AMK AND STORENOVSE
•N l•lA
Includln
•nlth
me 4nd
ndll
fvrih• anots•i p•dod 31•t 1024
TotAI
Fund9
2023
Unr•Btrlct•d
Fund•
D•g1gn•t
Futy
Fun
2024
¢¢ynlng R••ourc
2J.#2
2)M2
30M17
86.￿1
28054
53.255
817
7.449
5nll
7,44•
4•31
1.802
&fl•J
R4lthd*
Ih14
3.3
2.488
417
2.913
2.913
lot•1 In¢offllng R•wur
I•S.514
30J.201
R••our¢q% Exppndeo
W•w•
T4¥￿ONI
74.105
IOL47
72C•
75.1¢5
15.•8
6.678
7JO•
A R￿A•fI
J,i•i
272
272
1.IJD
6.340
320
794
1.73•
$A•I
2404
300
3216
)2.346
J276
32.341
2,004
21M•7
374
?297
14.707
374
14.16)
T¢tsl R•wur¢ts Exp•nd•d
178.8gT
200.•YO
192.3
N•t 04rtgOlng R••oyr¢•*'.
N•t m0￿M*nt In Fun¢l•
-11MJ
Fundi 8fought FoN¥•rf 111 Aprll3023
443.75$
127.
.727
TrA•l Fund• 4tJi•t Il•rth 2024
432.J72
$71.53
P4e5

WADEBRIDGE FOODBANK AND STOREHOUSE
BALANCE SHEET AS AT 318t MARCH. 2024
Notes
3110312024
FIXED ASSETS
Tangiblg Asse15
377,490
CURRENT ASSETS
Cash al Bank & in Hand
Dèbto￿ a Prepayments
412.654
412.654
CREDITORS AND ACCRUALS..
Amounts falling due within one year
10
229.990
NET CURRENT ASSETS:
182.663
TOTAL ASSETS LESS CURRENT LIABILITIES:
560,155
CAPITAL ANO RESERVES
Restricted Funds
Designated Fund8
Unreslri¢t8d FLtnd$
13
13
13
127,783
432,372
560.1SS
ON BEHALF OF THE TRU37EEg..
-signed by Trustee
Iic4W Cu£440J:_Pnnt Name
Approved by the Twslees on..
Gtober. 2024.
Irk 2D2L(
Page 6

WADEBRIOGE FOODBANK AND STOREHOUSE
NOTES TO THE FINANCIAL STATEMENTS
lor ¢ho annual p•rfod ¢0 31st ma￿h, 2024
1. ACCOUNTING POLICIES:
A¢¢ountln9 eortvenuon
The finan￿81 Stslemenls have trmn prepar￿1 under Ihe rthic￿¥￿tion and
An AccnJal8 basis.
Exwnibltur•
Resour￿ exp*xW are remnlsed In ￿ per￿￿ in %thic* IW affj I￿[red.
expended IndthallritxJW)knVATwffiKh can not be rer#¥efed.
U￿r•￿rI¢l*￿ Fumd*
Unrestncled lunds afo don•U¢)n5, 188s inr￿8 and Q1￿￿￿ornIng r880UiI*s rwv8b
or g8neraieU for the obieu$ ollhe oroanlth.on ￿th01n￿N￿or sgedfied puiw)88 and 81•
aVal*b￿a$ yen8¢81 fvnd8.
D•ilyn*tsd Fund•
Designated fund8 are unrgstrthj lund6••M1&rt￿ tytho managon*nl cJJmmltt80
partiW￿r purpxe$.
ftHtflctsd F￿110￿
Rostn¢￿d funds %• t• y￿￿ *)r ¢*ywn by the donor.
Exwndituie Ih860cn¢eria ty th•rydtoth• fund, tfrwther%4th a l•f ￿10¢&11
ol manaoemenl and 5US¥X)rteosts.
2. DONATIONS
3110312124 3IIOY2023
Trt•l
Tot4
fjwernl donatk)DS
58.438
58.436
$8AJI 197.116
58,43$
197.11
¢URReNT AsseT8.. ¢••h •nd
9110W2024 31￿31202>
NaIK)m￿le. Now
Tr88sui8rs ArLtyJnl-Llwls12231
BB In$tsnl Acc8ss$. LWs14081
Klnwbm Bank Bond
Klnodom Bank E8$yAcceoB10431
Klnwknm B8RX EBsyAc¢a8$15761
Ca8h
2S,IBI
149.043
IQO,747
99,685
103.000
100.000
61,121
60.323
37,486 36.440
412.654
445.401
4. STAFF CO$T8
31103R•24 3110312023
Sa*5 aTrJwaBe$
T•x8nd Nl
17,380
20.067
75.183
15.988
107.448
91.171
Page 7

WADE8RIDGE FOOD8ANK AND STOREHOUSE
NOTES TO THE FINANCIAL STATÉME14TS
lor the annual perlod to 31•t March, 2024
S. INCOMING RESOURCES
3110J12024
Total
Unr••trlct0d R•8trfcted
Total
GranisIRe8lricted
Foodbank Friends
StoreHous•
Donations
FuTKYraisirrfJ
T8sco
Gift Akl
Refunds
Sale of Assèi
Sundry
In¥e$tr))enl Inco
23,682
23,682
30,817
54,589
5B,436
7.449
5.821
3.408
1.614
86.324
28,054
53.255
197.116
1.8fj2
4.451
5.668
30,617
54,589
56,436
7,449
5,821
3,408
1,614
3.3rN)
2.468
467
2.913
467
2.913
165.514
23.682
189.196
383,204
I. DIRECT EXPENDITURE
UnrMtrl¢t•d
G•n•ral
Fund
RMth¢t•d
Fund
JtIo)12024
311031202$
Tot•1 Fund• Total FundB
87,380
20,087
7,208
75,183
1S.988
8.878
30.884
Wages
TayJNIIPensioni
RenUR8ieslUliliVo8
RefU￿1$h￿OJ￿ ol 8ulldlng
Repoirs & Ren8w•Is
c￿on1r9
Refreshm¢nli
Phone
In8uranc8. Other
Adminisirallon
Member8hip61Subsethpth)
Pjrklngrrravel
Van InsurJnc*
V8n- Olher
Meetings￿raInIn￿¢0Ur1&$
Oonalion
DiscreNonory Fur
GiftslMeal- Si8lf and Volunle•r8
Profe5s10nal F¢e$
Donaliona
Card Fee$
08preciaUon
s￿dry
74,185
20.(￿7
7,208
13,215
3.191
81
272
1,137
1,409
6,240
320
15
2,429
3,591
3.191
81
272
1,137
1,409
8,240
320
1S
2,429
0,591
2,464
903
350
1,126
J.278
32.346
83S
1,130
1,356
6.603
371
1,736
3,844
172
1.500
1,183
821
3.297
25.000
2.404
903
350
1.126
3,276
32,346
2.504
14.797
374
7.100
21.897
374
14.103
176,897
23,682
200.579
192,394
7. WET INCOMING RESOURCES FOR THE YEAR
Unrestricted
General
FuTrJ
Tfri$ 1$ Stated after chargiry.
31103m24 3110Y2023
485
14,163
14.646
A￿￿0[5 RemunÈratk)n
Depreoati¢NI
507
21.897
22.403
507
21,897
22,403
Page B

WADEBRIDGE FOOOBANK ANO STOREMOUSE
NOTESTO THE FINAtICWL STATEMENTS
forth• P•rfod io )l•t ¥ir¢h,2I24
TANGIBLE FIXEDA$$m..
FIN
V4n
pmpirty V4n
Co
19.ID
6.(OF
12•
Ab •l)14t M•ft*.2Q24
21.l•J
D•Pr•¢I￿on
Blwuhi Fomd
chwyloi ty￿P￿)I
21,X)J
7,1
10.Sg•
A••1 SI￿ Mvth. 3W4
14.511
AI* JIIiMuth. 2024
12.
Ai41 I￿￿¥1.2023
. DeBTOR8WID PNEPAYIIENTI..
Prwymw
CM4*•rn
All¢nJd•
pmpwtyPuKhM• F¥DJIrf
t1.*EOTh¢TE0FUN￿m$FClPIl0pERryFuR¢MASE
¢•pn BIF
A•t•w•d OIW6J25 011•*201J
4.Iie41
781 32
924 11
StrF￿j
g.J?2
lo.t
8536F
e2&28
6.875
Fofft
.410
41485
41&85
41685
16e5
416es
20541
2253J
9.43101
C￿E
LAiry
GAF
2.478
103.$91
21.200
p￿$

WADEBRIDGE FOODBANK AND STOREHOUSE
NOTES TO THE FINANCIAL STATEMENTS
forth? annual perlod to 31st MarGh. 2024
12. A￿ALYSIs OF NET AS$ETS BETWÉEN FUNOS
Toi•1
Fund¥
Fun
Fun
Fw
Torvjitle fixed assets
Current assds
Current li8￿1411t&
377.490
284.871
229.99D
377.49D
41Z,694
229,990
127.763
Net Assots 8131st MDrth. 2024
432,372
127,783
560.155
1J. MOVEAIÉNTS IN FUNDS
InGOfrtir
thGoml
Trnn¥fqrrnd R•AOUrt•s
AtotN2J
OuiuoifvJ
R••oufCq•
oU￿r
At3110312024
ulklltig
ReJtrict*d Fund
Grnnts and DonaUons:.
NaIlM￿ Lottery Cwmunty Fund
GO Fund Me
cr￿thnder
Corrw4811 C(xrty Cwnul
Norman Farnily Charitabla Tn
Fowe Foundal
E￿e￿￿51&*I In5uor
Wesi Pharm8¢artK*ls
Duke ol Cowr4fdll Fund
e￿an E￿1￿
280
278
278
208
278
278
2￿
195
139
139
139
139
139
139
139
139
139
Mi Mooruoft
Lain9 Family Trust
CAF Em8w¢y Fund
Wrentfreworder
Twssell TnJ61
75
75
13.582
3.000
13.582
3.000
3.144
3.144
tjonat￿8
7.100
16.582
7.100
16.582
Toial R￿t￿¢t•0 Fut
122,783
Wthng C9Prto1 Rese
Client Em8wenCy Furyj
Totsl Pesign*4d Fund
122.783
127.783
12T.783
176.897
432Jn
T¢*al Oth•r Unmstrf¢tsd Fund*
443.7$5
102.096
7.100
19J,479
560.155
Totsl Fund•
$71.$38
7,100
Page10

WADEBRIDGE FOODBANK AND STOREHOUSE
NOTES TO THE FINANCIAL STATEMENTS
for the annual pgrlod to 318t March. 2024
14. CAPITAL COMMITMENTS
The or9anisation agraod a staged purchase of r￿ prernroes at4 Burg•ss Building. Edjyilone Road, Wadebrty In 2021.
The total purchase pric8 a9￿&d was £355,000.
I￿55,000 wa8 pahl in the 2020121 wr. A fvrther £100,000 was pald In 2021r221
The undeprèciale(J balance of tha reBlnctsd granvdonafvd lunds that recèwed in 2020121 to support the prop8rty purcha
hav& been acc¥uad as delerrad funds and w+1 remain in Ihe a￿u￿1$ until they have been fully d8pre¢iat0d, al 2% each year.
15. PURPOSE OF RESTRICTED FUNDS
National Lottery Communty Fund
Go Funcj Me
Crow#lunder
Coftmall County Countyl
Ntsman Family Chorrtabla Trust
Foylè FoundatK)n
EcclosiastrAI In8Ufanc•
West Ph8miac8uticals
Duke of Cornwall e•n•vobnt Fur￿ }
Clean Earth
Bucc8
Mr Mooruoft
Laing F8mlly Trujl
CAF Emergency Fund
WrenlTrewcrder
R951rthd Oonaiion8
To unlribul• I¢w4ards tho costs knvolved w+th
purchasing the now premises.
Trus8•11 Tw$1
Tofund Iho Volunle•r Dave￿Pment Propd. In partn•rnhP
ith Li8k••rd Fo￿bank.
Don¥lloDs- oth•r
To supporf Indivldu•l clwts rths.
Tn•8• not•• fomi yrt ofthe fin8nd818t8wments
Page11