OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator. This document is also available as Markdown.

← The Wokingham Foodbank

2024-08-31-accounts

Charity registration number 1168522 (England and Wales)

Company registration number CE007184

THE WOKINGHAM FOODBANK CIO ANNUAL REPORT AND AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

THE WOKINGHAM FOODBANK CIO

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees

Mr S J Sudlow J B Lonnon Ms S L Hobbs D Ismail A Reaney A McNeile

Charity number

1168522

Company number

CE007184

Registered office

Unit 2 Frederick House 498 Reading Road Winnersh Wokingham Berkshire RG41 SEX

Independent examiner

Rachel Burgess BMus FCA CPFA Flat 7

44 Finchampstead Road Wokingham Berkshire RG40 2NN

a Ra

a

THE WOKINGHAM FOODBANK CIO

CONTENTS

==> picture [288 x 264] intentionally omitted <==

----- Start of picture text -----
Page
Trustees’ report 1-3
Independent examiner's report 4
Statement of financial activities 5
Balance sheet 6
Notes to the financial statements 7-15
----- End of picture text -----

==> picture [101 x 9] intentionally omitted <==

----- Start of picture text -----
i
----- End of picture text -----

THE WOKINGHAM FOODBANK CIO

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 AUGUST 2024

The trustees present their annual report and financial statements for the year ended 31 August 2024.

The financial statements have been prepared in accordance with the accounting policies set out in note | to the financial statements and comply with the charity's governing document, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)".

Objectives and activities

Public Benefit

The object of Wokingham Foodbank is the relief of financial hardship amongst people in Wokingham and the surrounding area, in particular, but not exclusively, by:

|. Providing emergency food, essential toiletries and household items to households in need, and/or for distribution by other charities or organisations working to prevent or relieve poverty. 2. The provision of support or signposting to relevant information and other advisory services.

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

Who we are and what we do

The Wokingham Foodbank started in September 2013 when Churches Together Wokingham recognised that some members of the community were struggling to afford food. From small beginnings in a tiny premises in central Wokingham our Foodbank has now become a much bigger charity, operating across two sites.

We occupy a warehouse space in Winnersh where we receive donations, prepare food parcels for delivery and our administrative support is based. In addition, we run a distribution centre from The Charity and Community Hub in central Wokingham three afternoons a week. Here we are co-located with numerous local charities, many of whom make referrals into the Foodbank.

Our core service is to alleviate food poverty for households experiencing financial hardship. This is done through the distribution of emergency food parcels and issuing energy support vouchers for gas and electricity. After all, what is the point of giving someone a bag of pasta if they can’t afford to cook it.

A forwardfrom the Manager

Recent years at the foodbank have seen us weather many storms as we dealt with the Covid-19 pandemic and then the cost of living crisis. We experienced an incredibly high level of need within our community and referrals soared as people struggled to pay for their household essentials. We streamlined many of our processes to make sure that core services were provided with speed and efficiency.

This year we focussed our efforts on bigger picture conversations with referral agents to try and ensure our clients received more holistic support. We know that coming to a foodbank isn’t about a lack of food. It is about not having enough money to pay tor the essentials, and being faced with impossible decisions about what to go without that week.

We also tried to look at how else we could support households needing to access the foodbank, Pilot tnding to help establish a referral based community pantry allowed us to transition some lower income families away from crisis support at the foodbank, We were also successful with a funding application to recruit a Foodbank Advisor to provide income maximisation advice to our clients. Our hope is that both of these projects will ultimately lead to a reduction in the number of people in our community who find themselves in an emergency situation uhable to afford to buy food.

———$————— —___ > eee -1-

THE WOKINGHAM FOODBANK CIO TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024

Achievements and performance

Significant activities and achievements against objectives

Support during Harvest festival was incredible this year with 30 schools and churches donating to the foodbank. Volunteers attended local schools to participate in assemblies, explaining to children what would happen to their donations. In total we received just under 4 tonnes of stock to help see us through the winter months.

We participated once again‘ in A; Christmas Presence. This project involves multiple charities working together to create a festive space for the community. During the week families experiencingproj financial hardshipPp can choose gifts forg their children and receiveI a hamper of treat food. At the weekend the project is open to all, offering low cost visits to see Father Christmas and simple craft activities for the children, along with a mulled wine and mince pie for the adults. In spring 2024, alongside Share Wokingham and First Days Children’s charity, we established Roots Community Pantry. A membership based approach to providing food support for households who are considered just about managing. Pilot funding was provided by Wokingham Borough Council and the project opened for referrals in February. Many of the households referred to Roots have been former foodbank users and feedback has been overwhelmingly positive.

We continued our community engagement work throughout the year by welcoming youth groups into the foodbank. These incredibly well received sessions allowed us to highlight the work of the foodbank and dispel many of the myths around food poverty. We were incredibly grateful for the donations that each group brought with them and their enthusiastic help dating and sorting the items.

In the run up to the General Election we invited all prospective parliamentary candidates to visit the foodbank. This gave us the opportunity to show candidates around the foodbank and explain how we operate. We were keen to hear what steps they would take, if elected, to ensure that nobody in our community goes hungry or has to rely on foodbanks to put a meal on the table

Volunteers are the lifeblood ofour charity, and we simply couldn’t do what we do without their tireless work, always going above and beyond to keep our services running smoothly. We were thrilled that our volunteer Operations Manager Lucy Martin was the recipient of a Wokingham Town Civic Award in recognition of her years of service and contribution to the community.

As the foodbank has grown in size the manager became quite stretched. As a result the decision was taken to employ two part time members of staff. A successful funding application to the Trussell Trust resulted in the appointment of a Volunteer Manager in March 2024. She hit the ground running and made a positive impact very quickly. She implemented Assemble, an online volunteer management platform, created regular newsletters for our volunteer team and digitised many processes. We also recruited an Engagement Manager to develop strategies to grow relationships with key stakeholders. Due to unforeseen circumstances the successful applicant was only with us for 3 months, but she took great steps forward in critically reviewing the current state of play and mapping out our stakeholders. We were also fortunate to receive funding from The Trussell Trust Financial Inclusion grant stream. This has allowed us to commission Citizens Advice Wokingham to employ a foodbank advisor to support our clients with income maximisation advice.

Financial review

Reserves policy In the Trustees’ view, the reserves should provide Wokingham Foodbank with adequate financial stability and the means for it to meet its charitable objectives for the foreseeable future. It is our policy to hold cash reserves equivalent to at least 18 months operational costs, to ensure we are able to meet our financial obligations despite the irregularity of our income. This level of reserves will also provide a degree of protection for any unexpected falls in donations received. For these reasons it is untikely that the reserves would be spent, unless in exceptional circumstances and by the approval of the trustees. Our reserves policy is reviewed annually and the level of actual reserves is reviewed during the financial review at Trustee's meetings

a -2-

Docusign Envelope ID: 9E5C80D7-EDC0-4A54-B01C-453F109E5CD1

THE WOKINGHAM FOODBANK CIO

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024

Structure, governance and management

The charity is a company limited by guarantee. The charity is controlled by its governing document and constitutes a CIOFoundation, registered 01 August 2016. Wokingham Foodbank is part of the foodbank network of the Trussell Trust. A formal review of the charity's processes is undertaken annually by representatives of the Trussell Trust. The Trussell Trust provides software systems for stock management, and client referral. Wokingham Foodbank policies exist for Safeguarding, Data Protection, Health and Safety based on Trussell Trust models. Other policies at Wokingham Foodbank include Personal Safety, Equality and Diversity, Complaints, IT and Finance.

The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:

Mr S J Sudlow

JB Lonnon Ms S L Hobbs D Ismail

A Reaney

A McNeile

Recruitment and appointment oftrustees

Trustees are appointed by the board of trustees at a full board meeting. They are chosen with regard to the skills, knowledge and experience needed for the effective administration of the charity and their having personal values which accord with but not necessarily subscribe to those of the charity's founders and of the Trussell Trust.

Organisational structure

The trustees set the strategic direction of the organisation. The trustees delegate the day to day running of the charity to the Foodbank manager.

The trustees’ report was approved by the Board of Trustees. DocuSigned [Sam<--- BOKSE7EFEABSAUD":”[Sudlow] by: Mr S J Sudlow Trustee 6/29/2025

ee -3-

THE WOKINGHAM FOODBANK CIO

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE WOKINGHAM FOODBANK CIO

a

|report to the trustees on my examination of the financial statements of The Wokingham Foodbank CIO (the charity) for the year ended 31 August 2024.

Responsibilities and basis of report

As the trustees of the charity (and also its directors for the purposes of company law), you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006.

Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the Companies Act 2006 and are eligible for independent examination, I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.

Independent examiner's statement

Since the charity’s gross income exceeded £250,000, the independent examiner must be a member of a body listed in section 145 of the Charities Act 2011. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

Rachel Burgess BMus FCA CPFA

Flat 7 44 Finchampstead Road

Wokingham

Berkshire

RG40 2NN

i -4-

THE WOKINGHAM FOODBANK CIO

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 AUGUST 2024

ee

==> picture [465 x 290] intentionally omitted <==

----- Start of picture text -----
|||||||||| |---|---|---|---|---|---|---|---|---| |Unrestricted|—_|Restricted|Total|Unrestricted|Restricted|Total| |funds|funds|funds|funds| |2024|2024|2024|2023|2023|2023| |Notes|£|£|£|£|£|£| |Income|from:| |Donations and|legacies|3|134,643|77,590|212,233|195,881|35,842|231,723| |Charitable|activities|4|133,585|-|133,585|219,062|-|219,062| |Investments|5|3,826|-|3,826|1,649|-|1,649| |Total income|272,054|77,590|349,644|416,592|35,842|452,434| |Expenditure|on:| |Charitable|activities|6|209,061|77,590|286,651|341,194|35,842|377,036| |Total|expenditure|209,061|77,590|286,651|341,194|35,842|377,036| |Net|income|and|movement|in| |funds|62,993|-|62,993|75,398|-|75,398| |Reconciliation|of funds:| |Fund|balances|at|1|September| |2023|327,729|-|327,729|252,331|-|252,331| |Fund balances|at 31 August 2024|390,722|-|390,722|327,729|-|327,729|

----- End of picture text -----

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

a oo

-5-

Docusign Envelope ID: 9E5C80D7-EDC0-4A54-B01C-453F109E5CD1

THE WOKINGHAM FOODBANK CIO

BALANCE SHEET

AS AT 31 AUGUST 2024

2024 2023
Notes £ £ £ £
Fixed assets
Tangible assets 11 1,314 563
Current assets
Debtors 12 5,302 5,826
Cash at bank and in hand 441,819 322,561
447,121 328,387
Creditors: amounts falling due within one 13
year (57,713) (1,221)
Netcurrent assets 389,408 327,166
Total assets less current liabilities 390,722 327,729
The funds ofthe charity
Restricted income funds 16 - -
Unrestricted funds 17 390,722 327,729
390,722 327,729

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 August 2024.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

29th June 2025

==> picture [251 x 61] intentionally omitted <==

----- Start of picture text -----
The financial statements were approved by the trustees ON ..........sccscseeeeees
(Sam“ BOKSHTEFEABEAUD:”DocuSignedSudlowby:
Mr S J Sudlow
Trustee
----- End of picture text -----*

|

Company registration number CE007184 (England and Wales)

-6-

THE WOKINGHAM FOODBANK CIO NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

eee

Charity information

The Wokingham Foodbank CIO is a private company limited by guarantee incorporated in England and Wales. The registered office is Unit 2 Frederick House, 498 Reading Road, Winnersh, Wokingham, Berkshire, RG41 SEX.

1.1 Accounting convention The financial statements have been prepared in accordance with the charity's governing document, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland” and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)”. The charity is a Public Benefit Entity as defined by FRS 102.

The charity has taken advantage of the provisions in the SORP for charities not to prepare a statement of cash flows.

The financial statements are prepared in sterling, which is the functional currency ofthe charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

13 Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

1.5 Expenditure Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.

Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.

==> picture [166 x 9] intentionally omitted <==

----- Start of picture text -----
-eeaorwn
----- End of picture text -----

—————$ -7-

THE WOKINGHAM FOODBANK CIO

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024

(Continued)

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Computers

33% Straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.7 Impairment of fixed assets

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.8 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.9 Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basicfinancial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basicfinancial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition offinancial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

I -8-

THE WOKINGHAM FOODBANK CIO

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024

1 Accounting policies

(Continued)

1.10 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.11 Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2 Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3 Income from donations and legacies

Unrestricted _Restricted Unrestricted _Restricted Total Unrestricted Restricted Total
funds funds funds funds
2024 2024 2024 2023 2023 2023
£ £ £ £ £ £
Governmentgrants - 40,951 40,951 - - -
Trussell Trust Grants - 36,639 36,639 - 35,842 35,842
Food donations fairvalue 134,643 - 134,643 195,881 - 195,881
134,643 77,590 212,233 195,881 35,842 231,723

CCC

-9-

THE WOKINGHAM FOODBANK CIO

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2024

4 Income from charitable activities

==> picture [440 x 174] intentionally omitted <==

----- Start of picture text -----
||||||| |---|---|---|---|---|---| |Unrestricted|Unrestricted| |funds|funds| |2024|2023| |£|£| |Donations| |Local|Giving|71,388|96,708| |Regular donations|16,991|12,455| |Trussell|Trust|Strategic|Grants|3,300|5,282| |Gift Aid|2,095|2,123| |Cotswold Fayre|-|3,346| |One-off donations|39,811|98,051| |Collections|-|1,097| |133,585|219,062|

----- End of picture text -----

==> picture [463 x 90] intentionally omitted <==

----- Start of picture text -----
||||| |---|---|---|---| |5|Income|from|investments| |Unrestricted|Unrestricted| |funds|funds| |2024|2023| |£|£| |Interest receivable|3,826|1,649|

----- End of picture text -----

a

-10-

THE WOKINGHAM FOODBANK CIO

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024

aeee

6 Expenditure on charitable activities

==> picture [444 x 451] intentionally omitted <==

----- Start of picture text -----
|||||||||||| |---|---|---|---|---|---|---|---|---|---|---| |Unrestricted|Restricted|Total|Unrestricted|Restricted|Total| |Funds|Funds|Funds|Funds| |2024|2024|2024|2023|2023|2023| |£|£|£|£|£|£| |Direct|costs| |Staff costs|11,671|21,639|33,310|-|16,499|16,499| |Depreciation|and| |impairment|388|-|388|16|-|16| |Rent|35,275|15,000|50,275|25,415|19,343|44,758| |Utilities|2,934|-|2,934|1,966|-|1,966| |Charis Vouchers|-|40,951|40,951|93,171|-|93,171| |Insurance|1,009|-|1,009|1,630|-|1,630| |Rates|1,364|-|1,364|3,226|-|3,226| |Refurbishment &| |maintenance|1,585|-|1,585|3,070|-|3,070| |Legal|fees|486|-|486|215|-|215| |Other Operating expenses|8,367|-|8,367|12,132|-|12,132| |Fuel & mileage|costs|7,044|-|7,044|1,294|-|1,294| |Telephone|1,151|-|1,151|775|-|775| |Training|90|-|90|220|-|220| |Post &|stationery|497|-|497|1,283|-|1,283| |Cleaning|1,133|-|1,133|-|-|-| |Other charitable|expenditure|136,067|-|136,067|196,781|-|196,781| |209,061|77,590|286,651|341,194|35,842|377,036| |Analysis|by|fund| |Unrestricted|funds|209,061|-|209,061|341,194|-|341,194| |Restricted|funds|-|77,590|77,590|-|35,842|35,842| |209,061|77,590|286,651|341,194|35,842|377,036| |7|Net|movement|in|funds|2024|2023| |£|£| |The|net|movement|in|funds|is|stated|after|charging/(crediting):| |Fees|payable|for the|independent|examination|of the|charity's|financial|statements|-|-| |Depreciation of|owned|tangible|fixed|assets|388|16|

----- End of picture text -----

8 Trustees

None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.

_—____.wewOw sewwseswwO

oo TCO

-11-

THE WOKINGHAM FOODBANK CIO

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2024

9 Employees

The average monthly number ofemployees during the year was:

2024 2023
Number Number
2 I
Employment costs 2024 2023
£ £
Social security costs ° °
Wagesand pension costs 33,310 16,499
33,310 16,499

There were no employees whose annual remuneration was more than £60,000.

10 Taxation

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

11 = Tangible fixed assets

= TangibleTangible fixed assets
Computers
£
Cost
At 1 September2023 $79
Additions 1,139
At 31 August 2024 1,718
Depreciation and impairment
At September2023
Depreciation charged in the year 388
At 31 August2024 404
Carryingamount
At 31 August 2024 1,314
At31August2023 $63

ee

sA2-

THE WOKINGHAM FOODBANK CIO

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024

12. Debtors

==> picture [448 x 422] intentionally omitted <==

----- Start of picture text -----
||||||||||| |---|---|---|---|---|---|---|---|---|---| |2024|2023| |Amounts|falling due within|one|year:|£|£| |Trade|debtors|-|642| |Prepayments|and|accrued|income|5,302|5,184| |5,302|5,826| |13|Creditors:|amounts|falling due within|one year| |2024|2023| |Notes|£|£| |Other taxation|and|social|security|523|263| |Government|and|other grants|deferred|income|14|55,246|-| |Accruals and deferred income|1,944|958| |57,713|1,221| |14|Government|and|other grants| |Deferred|income|is|included|in|the|financial|statements|as|follows:| |2024|2023| |£|£| |Deferred|income|is|included|within:| |Current|liabilities|55,246|-| |Movements|in|the year:| |55,246|-| |15|_ Retirement|benefit schemes| |2024|2023|restated| |Defined|contribution|schemes|£|£| |Charge to|profit or loss|in|respect of|defined|contribution|schemes|651|299|

----- End of picture text -----

The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund. The 2023 figures have been restated to show the cost in the prior year of the defined contribution scheme (previously reported at £16,499),

gg

LW

-13-

THE WOKINGHAM FOODBANK CIO

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024

16 ~—_— Restricted funds

The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.

At 1 September
2023		 Incoming
resources		 Resources
expended		 Transfers At31 August
2024
£ £ £ £ £
Movement - 77,590 (77,590) - -
- 77,590 (77,590) - -
Previous year: At 1 September
2022		 Incoming
resources		 Resources
expended		 Transfers At31August
2023
£
£
£
£
£
-
35,842
(35,842)
-
-
17 __—Unrestricted funds
Theunrestricted fundsofthecharity comprise theunexpended balances
specific conditionsbydonors andgrantors as tohowtheymaybe used.These		 ofdonationsandgrantswhich are notsubject to
These include designated fundswhich havebeen
setaside outofunrestricted fundsby the trustees for specific purposes.
At 1 September Incoming Resources At31 August
2023 resources expended 2024
£ £ £ £
General funds 327,729 272,054 (209,061) 390,722
Previousyear: At 1 September
2022		 Incoming
resources		 Resources
expended		 At31 August
2023
£ £ £ £
General funds 252,331 416,592 (341,194) 327,729
18 Analysis ofnetassets between funds
Unrestricted Restricted Total
funds funds
2024 2024 2024
£ £ £
At31 August 2024:
Tangible assets
Current assets/(liabilities)		 1,314
389,408		 -
-		 1,314
389,408
390,722 - 390,722

| 17 __—Unrestricted funds

—_—e——S>sas5950

-14-

THE WOKINGHAM FOODBANK CIO

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024

18 Analysis of net assets between funds

(Continued)

Unrestricted Restricted Total
funds funds
2023 2023 2023
£ £ £
At 31 August 2023:
Tangible assets 563 - 563
Current assets/(liabilities) 327,166 - 327,166
327,729 - 327,729

19 Related party transactions

There were no disclosable related party transactions during the year (2023 - none).

a -15-