## **Trustees Report for the period 01/04/2021 to 31/03/2022.**
**PANTRY Cwmtawe. Charity No: 1167724.**
## **Objects and Activities:**
PANTRY’S purpose is to help alleviate poverty in and around the ‘upper’ Swansea valley.
We tackle this at present 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:**
2021/22 was a challenging year for PANTRY, we saw a 35% increase in demand and fed over 1,400 clients over the period. It was also a transient year which saw the existing Chair and Secretary stand down and replaced by Colin Hughes (Chair) and Sue Elwood (Secretary). It’s pleasing to note that these changes have seen a seamless continuation of the continued service.
Although, as already stated, we saw a large increase in demand for our services our ‘reserves continue to improve. In the main this is largely due to the continued generous support of our community, but has been added to by there being more grants available and our ability to have more ‘fund raising events’ now that the constraints of Covid have been reduced. Apart from giving out food to those in our community that needed it, we were proud to be able to give out nearly £5,000 of fuel vouchers to the most vulnerable, a scheme that we are hoping to continue. All in all, PANTRY continued to be a valuable resource in our community, ensuring that there was relief for those most in need.
2023, is again likely to be challenging, probably more so. But we are confident that with the excellent group of volunteers that we have, the continued support of the community and the reserves we have in hand
we will again be able to service the needs of the vulnerable. We have been concentrating, again since the demise of ‘shut down’ to get as much exterior help for our clients as possible. This is beginning to see wonderful results that are allowing clients the chance to ‘restart their lives’ and again become independent. We have developed excellent relationships with supporting agencies and will continue to work with them. The Trustees are generally happy with PANTRY and look forward to the challenges of the coming years.
## **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 huge increase in the cost of utilities, increases in the price of food and the rising rate of inflation. We need, therefore, to respond accordingly to extra demand for our service.
Our balance on the 31/03/2022 was £15,694.51.
## **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 of Trustees Mo Oliver Steve Hayes Lyn Vincent Ann Sedge Jan Jones
Signed on behalf of the charities trustees
Vincent P Hotten – Chair of Trustees 23/01/2023
## **PANTRY Cwmtawe end of year accounts 2021 – 2022**
|**Income and Expenditure**|**Income and Expenditure**|**Income and Expenditure**|**Income and Expenditure**|**Income and Expenditure**|**Income and Expenditure**|**Income and Expenditure**|**Income and Expenditure**|**Income and Expenditure**|**Income and Expenditure**||
|---|---|---|---|---|---|---|---|---|---|---|
|**Income**|||||**Expenditure**||||||
|Donations
Collection boxes
Wind Farm Dividend
Amazon Prime
‘100 Club’ income
Credit union Dividend
**TOTAL Income**
Excess of expenditure over
income||||7,252.78
685.97
16.67
33.26
1,620.00
7.20
**9,615.88**
2,540.43
**12,156.31**|Food purchases & other stock
Public Liability Insurance
Allotment
PPE
Zoom subscription
Postage and leaflets
Phone charges
‘100 Club’ prizes and licence
Credit union charges
Energy payments
**TOTAL** **Expenditure**|||||6,880.40
261.87
115.54
99.37
172.68
69.46
184.99
840.00
5.00
3,527.00
**12,156.31**|
||||||||||||
|||**Balance Sheet as at 31.03.2022**|||||||||
|||Balance brought forward
01.04.2020
Less excess of expenditure
2021/22
Balance as at 31.03.2022
This balance made up of:
Lloyd’s Bank Account
9,421.71
Less March fuel and food paid
April -277.60
Credit Union Account
Balance held by Charis
Cash in Hand|||||18,234.94
2,540.43
**15,694.51**
9,144.11
6,346.43
159.00
44.97
**15,694.51**||||