ARNOLD FOODBANK NOTES TO THE AccouKfs FOR THE ENDED 1 IA4RCH Restricted fvnds. Restricted fvnds consist of fvnds donated to Amold Foodbank for a specific purpose and donations specffic restrictions on use as stated by donors, Expenditure relating to the speafied purpose or use is charged against the funds raised, Unrestricted fvnds Unrestricted funds are general funds available for use at the discretion of the Trustees in furtherance of the general obj'ects of Amokl Foodbank and not desi9nated for other purposes. Inco All incoffe is induded In the Statement of Financial Activty en the Trust is legally entitled to the money and the amount can be quantrfjed wrth reasonable accuracy. . Donations and the related grft aid received is recognised on receipt. The gift aid related to donations direct into the bank account Is recognised at the same time as the donats'ons and acc during tha financial year and daimed from HMRC. on a yearly basis. endilure All expendtture is accounted for on an accruals basis and has been classffied under headings agreed by the treasurer. Reserve'$ Poli The Trustees have reviewed the Charitys need for reseNes in line with the guidan tssued by the Charity Comrnission. The Trustees have Klentified the need to hold unrestricted reserves equNalenl to three months running costs. To this end, £15. OCQ has been placed in a savings account to cover this resetve. FINANCIAL REVIEW We are experienciNJ an overwhelming outyouring of support from the public during the current epidemic, from both individuals and organisations. With food supplies low and a¢sS restricted, particularly at the beginning of the crisis, many individuals chose to donate their money to us . instead of food. We know that, as a result, we have seen an unprecedented level of financial donation8 coming into both our bank account and Just Gtving page resulting in a total income of £108,953. The expenditure was £25,698. The gain {£83,255) needs to be used wisely in areas supporting our ethos. It is antici needed to keep our food stocks high Eated a large amount of the balance will be r the anliapated Influx of people requinng food in the future.
ARNOLD FOODBANK Registered Charty 1170229 REFERENCE AND ADMINISTRATIVE DEfAILS Charity Name Amold Foodbank Principal Office Daybrook Baptist Churth Mansfleld Road Nottingham NG5 6AA Trustees H Lloyd J Wintle A V Pember A Langton A Maxwell P Hand TEE IBILITIES I E FINA CIAL STATEMEN reasonable steps for the prevention and detection of fraud and oth8r irregulanties, The law applicable to Charities in England and Wales require8 the Trustee($) to wepare financial statements for each financial year which give a true arKI fair view of the Charitys financial acttvitie$ during the year and of ts financial posrtion at the end of the year. In preparing finala1 statements giving a true and fair view, the TNstee8 should follow best wactm arKI: sele(# Sutsbl8 accounting wlicies and then ath them consistent. make judgment8 and e8timate8 that are reasonable arKI KIent state whether applicable accounting standar(ts and statements of recommended pra have been followed, $ubJect to any departures disclosed and explained in the financial statement8; and prepare the financial statements M the going c(YKem basis unless it is Inappropriate to presume that the Charity will continue in op8rati. The Twstees are resportsible for keeping accounting records whith disdor•e with reasonable accuracy the financial position of the Chanty and which enable them to aswtain the financial posrtion of the Charity and which enalk them to ensure that the financial statemerts comply with the Charities Act 1993, the Charity {A¢unts and Reports) Regulations and the provisions of the Trust Deed, Trustees ar8 responsible for safeguarding the assets of the Charity and hence for taking Approved by the Trustees on and signed on their be 3lb{&l
Trustees Annual Re ort for Arnold Foodbank for 2020 21 Chari Number 1170229 Arnold Foodbank Èxists for the provision of emergency food parcels and allevlatlon of poverty for those living in and around the NG5 area of Nottin8ham. As we entered our 8th year of operation we encountered our biggest thallenge as we faced, with the rest of the country, the thallenge of Pandemic and Lockdown. Providence meant that the unprecedented quantity of donations we had received during the Christmas 19 period meant we were had a level of stock in place that enabled us to respond quickly to the needs we faced and support other local or8ani5atlons with their response. Thls Included Gedling Borough Council who were first point of contact for most vulnerable people. Our mode of operatlon had to change quickly to respond to a reduced number of volunteers (many were vulnerable so had to isolate) and drlvers had to be found to accommodate the deliverSes we now had to do. Supermarkets, businesses and organisatlons {alon85ide the local community) responded quickly to our needs. Partnerships quick built up between other foodbanks and providers as we shared resources and information. Our bi88est threat was hav¢n8 Insufficlent space for the quantity of food. Daybrook Baptlst Church supported us In mana8ln8 thls by allowln8 U5 to use more of thelr storage areas and unused rooms. Following 8uSdellnes, updatin8 rlsk assessments, keepln8 dlents. volunteers and staff safe wa5 a constant challen8e. We managed to go through the whole year wlth no cases of Covld amongthe team. Flnanclal donatlons- as can be seen in our Treasurers report- rose dramatlcalty. Thls meant we were able to pay part time salaryto our manager and a deputy. We were able to update equipment and purchase any extra cleanlng equlpment that was necessary. It also 8ave us an amazin8 cushlon to start plannln8 forward. Respondin8 to lrfe afterlwlth Covld and the support of people as they recover and start to bulld their lrfe up a8ain, especially those who have suffered with Mental Health Issue5 durin8 this tlme. We antlclpate that donations wlll be returnin8 to a more normal. pre-pandemlc, level In 21122. In total we provided 2725 food parce15 in 20121. These fed 6113 people. ThaY5 a total of, at least, 61,130 meals. 2434 of these were children. The number of food parcels was comparable to the previous year, but the number of recipients rose by @500. Most of these extra people were single person households. We10st one Trustee in the year as Rachel Newcombe stood down. We must pay tribute to our volunteers who worked tirelessly throughout, adaptlng to the new system5 and helping to maintain a calm supportive atmosphere.
Receipts and Payments Accounts
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Unrestricted Restricted
funds funds
RECEIPTS
INDIVIDUAL DONATIONS 28,841 460
SUPERMARKETS 4,604 -
DONATIONS – CHURCHES 3,833
JUST GIVING 30,854
CAF CHARITY 9,059
DONATIONS – ORGANISATIONS / SCHOOLS 7,631 291
DONATION – COUNCILLORS & GBC 6,007 10,543
FUNDRAISERS 280
DONATION VIA TRUSSEL TRUST 238 2,262
DONATIONS – KINGS CHURCH 2,404 -
WAREHOUSE - ASDA GRANT -
GIFT AID 1,646
- -
TOTAL RECEIPTS [ 95,397 ] 13,556
PAYMENTS
WAREHOUSE IMPROVEMENTS - -
SALARY 11,319 -
CAPITAL ITEMS 2,289
ADVERTISEMENT / PROMOTION 217
STATIONERY / STAMPS / PRINTER INK 339
MISC. COSTS 810
PHONE 118
DAYBROOK BAPTIST – DONATION 2,500
TRUSSELL TRUST FEES 360
INSURANCE 284
HOSPITALITY 22
FOODSTOCK 1,397 -
KITCHEN IMPROVEMENTS - -
CORONAVIRUS 1,025
GIFT VOUCHERS - FOOD 4,800
TRAINING COURSES - -
MONTHLY CHARGE JUST GIVING 218
- -
TOTAL PAYMENTS 25,698 -
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NET OF RECEIPTS AND PAYMENTS CASH CARRIED FORWARD 31/03/19 CASH FUNDS LAST YEAR
CASH FUNDS - CURRENT YEAR END
Statement of assets and liabilities at the end of
| Unrestricted | Restricted | |
|---|---|---|
| funds | funds | |
| HSBC BANK CURRENT ACCOUNT | 21,950 | 13,675 |
| HSBC BANK DEPOSIT ACCOUNT | 80,007 | 0 |
| PETTY CASH | 0 | 0 |
| TOTAL FUNDS | 101,957 | 13,675 |
STATEMENT OF ASSETS & LIABILITIES AT THE END OF THE PRIOR YEAR
| Unrestricted | Restricted | |
|---|---|---|
| funds | funds | |
| HSBC BANK CURRENT ACCOUNT | 28,911 | 3,374 |
| HSBC BANK DEPOSIT ACCOUNT | 0 | 0 |
| PETTY CASH | 92 | 0 |
| TOTAL FUNDS | 29,003 | 3,374 |
Details
B4 Assets retained for the charity’s own use
SHELVING / WORK BENCHES FRIDGE / FREEZER LAMINATOR LAPTOP / CASE LAPTOP BENCH SCALES LAPTOP / PRINTER/ SHREDDER CHAIRS
B5 Liabilities
Details NO LIABILITIES
Signed - by Treasurer
Signature
V Pember
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Total funds Last year
29,301 11,361
4,604 920
3,833 766
30,854 3,728
9,059 1,103
7,922 2,337
16,550 4,824
280 3,000
2,500 500
2,404 1,251
- 4,163
1,646 578
-
108,953 34,531
- 4,645
11,319 3,000
2,289 59
217 192
339 349
810 337
118 120
2,500 0
360 360
284 280
22 418
1,397 4,699
- 1,745
1,025 0
4,800 0
- 39
218
- -
25,698 16,243
83,255 18,288
14,089
32,377 32,377
115,632
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f the period
Total funds
35,625
80,007
0
115,632
Total funds
32,285
0
92
32,377
Fund to which
Cost (optional)
asset belongs
UNRESTRICTED 3,490
UNRESTRICTED 489
UNRESTRICTED 56
UNRESTRICTED 350
UNRESTRICTED 319
UNRESTRICTED 250
UNRESTRICTED 400
UNRESTRICTED 220
-
Fund to which Amount due
liability (optional)
relates
-
-
Print Name
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f the period
Arthur Pember
Arnold Foodbank Charitable Trust Re istered Chari 1170229 I have completed my examination I confimi that no matters have come to my attention in connection with the examinakn'on that give me reasonable cause to believe that= Accounting records have not been kept as required by section 130 of the Act, or The accounts do not accord with Ihose records, or The accounts do not comply with the accounting requirements COnrning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirements that the accounts give a "true and fair. view which is not a matter considered as part of an independent examination. I have no cOnrnS 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 accounts to be reached. Lesley Fairclough Bsc 4th May 2021