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2021-03-31-accounts

Trustees Report for the period 01/04/2020 to 31/03/2021. PANTRY Cwmtawe. Charity No: 1167724.

Objects and Activities : PANTRY’S purpose is to help alleviate poverty in and around the ‘upper’ Swansea valley. The main way we tackle this at present is by operating a Foodbank in Pontardawe two days a week.

The Trustees have read, understood and have regard to the guidance issued by the Charity Commission on public benefit.

Achievements and Performance :

Over the last year the demand for food has remained fairly consistent and we have fed just over 1200 people. With the arrival of Covid we have had to modify the ways in which we operate, but we continue to supply food to those that need it twice a week. Although we have been a little busier, we haven’t faced the expected surge in demand for our services that we were expecting.

We still keep strict control over our finances and over 85% of our income was spent on food items.

Financial Review: As our accounts for the year will testify, PANTRY remains in a healthy financial position. Although we have a healthy balance, it is difficult to predict the demands for our services from month to month. This is especially true with the onset of Covid. We need, therefore, to respond to increases in demand.

Our balance on the 31/03/2021 was £18,235

Structure, Governance and Management: Type of governing document – Trust Deed

The charity is a CIO . Trustees are elected and re-elected on an annual basis.

the trustees at present are: Vince Hotten - Chair Mo Oliver - Treasurer Jan Ba Thein - Secretary Steve Hayes - Trustee Lyn Vincent - Trustee Ann Sedge - Trustee Jan Jones - Trustee

Vincent P Hotten – Chair 31/03/2022

PANTRY end of year accounts 2020 - 2021

Income and Expenditure

PANTRY end of year accounts 2020 - 2021 PANTRY end of year accounts 2020 - 2021 PANTRY end of year accounts 2020 - 2021 PANTRY end of year accounts 2020 - 2021 PANTRY end of year accounts 2020 - 2021
Income and Expenditure
Income Expenditure
Donations
Wind Farm Dividend
Grants:
Groundwork
NPTCBC
Food Poverty grant
‘100 Club’ income
TOTAL Income
11,843.97
183.33
500.00
315.00
1,625.00
14,467.30
14,467.30
Food purchases
Food - Fareshare
Public Liability Insurance
Allotment
PPE
Fridge/freezer and slow
cookers
Admin – postage and Zoom
subscription
New phone & phone
contract charges
‘100 Club’ prizes, licence
and other costs
TOTAL Expenditure
Surplus of income over
expenditure
4,601.01
762.50
255.60
75.31
82.56
365.97
68.01
256.60
1,160.00
7,627.56
6,839.74
14,467.30
Balance Sheet as at 31.03.2021
Balance brought forward
01.04.2020
Add surplus of income
2019/20
Balance as at 31.03.2021
This balance made up of:
Lloyd’s Bank Account
Credit Union Account
Cash in Hand
11,395.20
6,839.74
18,234.94
15,015.55
3,194.23
25.16
18,234.94
Balance Sheet as at 31.03.2021
Balance brought forward
01.04.2020
Add surplus of income
2019/20
Balance as at 31.03.2021
This balance made up of:
Lloyd’s Bank Account
Credit Union Account
Cash in Hand
11,395.20
6,839.74
18,234.94
15,015.55
3,194.23
25.16
18,234.94
Balance Sheet as at 31.03.2021
Balance brought forward
01.04.2020
Add surplus of income
2019/20
Balance as at 31.03.2021
This balance made up of:
Lloyd’s Bank Account
Credit Union Account
Cash in Hand
11,395.20
6,839.74
18,234.94
15,015.55
3,194.23
25.16
18,234.94
Balance Sheet as at 31.03.2021
Balance brought forward
01.04.2020
Add surplus of income
2019/20
Balance as at 31.03.2021
This balance made up of:
Lloyd’s Bank Account
Credit Union Account
Cash in Hand
11,395.20
6,839.74
18,234.94
15,015.55
3,194.23
25.16
18,234.94
Balance Sheet as at 31.03.2021
Balance brought forward
01.04.2020
Add surplus of income
2019/20
Balance as at 31.03.2021
This balance made up of:
Lloyd’s Bank Account
Credit Union Account
Cash in Hand
11,395.20
6,839.74
18,234.94
15,015.55
3,194.23
25.16
18,234.94
Balance Sheet as at 31.03.2021
Balance brought forward
01.04.2020
Add surplus of income
2019/20
Balance as at 31.03.2021
This balance made up of:
Lloyd’s Bank Account
Credit Union Account
Cash in Hand
11,395.20
6,839.74
18,234.94
15,015.55
3,194.23
25.16
18,234.94