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2024-04-05-accounts

Trustees’ Annual Report for the period

Period start date: 06 April 2023 Period end date: 5 April 2024

Charity name: Witney and West Oxfordshire Food Bank

Charity registration number: 1170366

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document
Para 1.17 The prevention or relief of poverty or
financial hardship of people living in
West Oxfordshire District in particular
(but without limitation) by providing
food and other items to individuals and
families in need which they would not
otherwise afford through lack of means,
and providing information, advice,
education, and support in such ways as
the trustees shall from time to time see
fit.
Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.
Para 1.17 and
1.19
Witney and West Oxfordshire Food
Bank provides emergency food parcels
of non-perishable food items and
occasionally toiletries to people who are
experiencing an unexpected crisis
situation. Clients are referred by various
professionals working in the community
– including, but not limited to Citizens
Advice, Job Centre, Doctor/GP and
other health workers, primary and
secondary education professionals –
who assess each client’s situation to
verify crisis and need.
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit
Para 1.18 The trustees of Witney and West
Oxfordshire Food Bank acknowledge
they have read and understood the
guidance on being a charity Trustee as
provided by the Charity Commission

Additional information (optional) You may choose to include further statements where relevant about:

SORP reference
Policy on grant making Para 1.38 The charity currently has no plans to
make grants to other organisations.
Policy on social investment
including program related
investment
Para 1.38 The charity does not currently have a
social investment policy, but we plan to
develop one in the coming year.
We do not have a financial investment
policy and currently do not see this as a
need based on the charity’s activities.
Contribution made by
volunteers
Para 1.38 Witney and West Oxfordshire Food
Bank was until February 2021, when we
engaged our first employee, a totally
volunteer run charity. Between 60 and
70 volunteers staff the foodbank
covering the 750+ hours we are open
each year. As a result, we benefit from
well over 2500 volunteer input hours to
support our work. In addition, our Board
consists of volunteer trustees, and we
are supported by finance, HR and other
skilled professionals.
Other

Achievements and Performance

SORP reference
Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.
Para 1.20 Witney and West Oxfordshire Food
Bank continues to be an active member
of the Trussell Trust network.
The direct benefit to society we had is
measured in the number of 3 to 5 day
parcels we have provided and the
number of adults and children we have
helped directly. During the period we
provided 2,153 parcels, assisting 3,186
adults and 2,291 children. This is a
decrease of 12% from the previous
reporting period. We saw a spike in the
number of parcels in previous years as
a result of the pandemic and this year
this has balanced out with a 12%
decrease on previous year's numbers.
We engaged directly with local groups,
giving presentations and interactive
talks to schools and associations to
educate and highlight food poverty in
the local community.
We also have a Financial Inclusion
Programme in place to assist clients
with debt and financial advice.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against
objectives set
Para 1.41 Our objectives of continuing the
Financial Inclusion Programme and
continuing to run the food bank for local
residents were met during the year.
Performance of fundraising
activities against objectives
set
Para 1.41 Last year we set the objective of
maintaining £6,000 in cash to provide a
safety net to cover all financial
obligations and to be able to purchase
food if food donations ran low.
Throughout the period the cash holding
was well in excess of £6,000 and stock
items were available to fulfil all essential
items. Cash was used to buy £59,574 of
stock items on the non-essential list.
Items called non-essential are additional
items over and above the bare
minimum. They are not extravagant and
are still very much needed.
Cash held at the start of the period was
a little under £229,513 and at the end of
period was £323,307. This substantial
increase in cash is due to a significant
increase in public online donations,
corporate donations and a local
authority grant.
Investment performance
against objectives
Para 1.41 We do not have an investment policy
and currently do not see this as a need
based on the charity’s activities.
Therefore, we do not have investment
objectives.
Other The substantial increase in cash assets
has allowed the charity to engage more
employees. The employees are
supervising the day to day running of
the warehouse contributing to increased
efficiency and process improvements to
our operations.

Financial Review

Financial Review
Review of the charity’s
financial position at the end
of the period
Para 1.21 We held £323,307 in cash funds. In
addition to the reserves held for
unexpected events we hold funds to
cover operations for two years which
provides security to the users of our
services regarding continuation of
services. Stock at the period end was
over,3,500kgat a notional value of £2.37
per kg =£8,295. Stock is not considered
to be a financial asset as it consists of
many 100’s of items below a value of
£1.00 and date limited
Statement explaining the
policy for holding reserves
stating why they are held
Para 1.22 A reserve of £40,000 is held to guarantee
that all liabilities and administrative
costs can be met. To ensure we can top
up food to distribute essential items if
food donations do not meet demand.
During the period we employed two
people in the Foodbank and with
support of specific grant funding we
were able to employ an additional
person to help with our communications
and volunteer rotas.
Amount of reserves held Para 1.22 £40,000
Reasons for holding zero
reserves
Para 1.22
Details of fund materially in
deficit
Para 1.24
Explanation of any
uncertainties about the
charity continuing as a going
concern
Para 1.23

Additional information (optional) You may choose to include further statements where relevant about:

The charity’s principal
sources of funds (including
any fundraising)
Para 1.47 The two main sources of funding come
from public cash and food donations.
We have access to community grants
and larger corporations such as
supermarkets
Investment policy and
objectives including any
social investment policy
adopted
Para 1.46 The charity does not currently have an
investment or social investment policy.
A description of the principal
risks facing the charity
Para 1.46 If our landlords significantly change
their operations we may lose the use of
the warehouse and alternative
accommodation would have to be found.
Other

Structure, Governance and Management

Description of charity’s
trusts:
Type of governing document
(trust deed, royal charter)
Para 1.25 Witney and West Oxfordshire Food
Bank is governed by a constitution.
How is the charity
constituted?
(e.g. unincorporated
association, CIO)
Para 1.25 Witney and West Oxfordshire Food
Bank is a Charitable Incorporated
Organisation.
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees
Para 1.25 Trustees are appointed annually at the
AGM by members. Each year one third
of the trustees retire from office and
need to be voted back in by the
members. Trustees retire on a rotating
basis and are selected from those that
have served the longest.
Additional trustees may be appointed
during the year by vote of trustees as
they see fit.
Additional information (optional)
You may choose to include further statements
Additional information (optional)
You may choose to include further statements
where relevant about:
Policies and procedures
adopted for the induction
and training of trustees
Para 1.51 Witney and West Oxfordshire Food
Bank provide training and policy
reference using documents and advice
provided by The Trussell Trust.
The charity’s organisational
structure and any wider
network with which the
charity works
Para 1.51 Witney and West Oxfordshire Food
Bank is an autonomous charity
managed by the trustees, under the
advice and guidance of the national
foodbank charity The Trussell Trust.
Relationship with any
related parties
Para 1.51 Witney and West Oxfordshire Food
Bank are members of The Trussell
Trust.
Other

Reference and Administrative details

Charity name Witney and West Oxfordshire Food Bank
Other name the charity uses
Registered charity number 1170366
Charity’s principal address Cottsway House
Heynes Place, Avenue Two
Witney
Oxon
OX28 4YG

Names of the charity trustees who manage the charity

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Trustee name Office (if any) Dates acted if not for whole
**year **
Name of person (or body) entitled
to appoint trustee (ifany)
Mick Morris Chair
Lou Lou Trustee
Kate Frost Trustee
Stephanie
Deslandes
Trustee
Deborah Jessel Trustee
Jo Ader Trustee

– Corporate trustees names of the directors at the date the report was approved

Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity

Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address adviser

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Signature(s)
Full name(s) Full name(s)Michael Morris
Position (e.g. Secretary, Chair
Chair, etc)
Date22 January 2025 22 January 2025

CHARITY COMMISSION FOR ENGIAND AND WALES NEY & WEST OXFORDSHIRE FOODBANK 1170366 Receipts and payments accounts CC16a For the period from [￿10412023 0511M12024 Section A Receipts and payments Unrestricted funds Restricted funds Endovmient funds Total funds Last year to the nearn to the nearest to the nearvdt£ to the nearest £ to the nearest £ A1 Recei ts DONATIONS GFIANT 192,978 192.97¥ 118268 149,287 145,728 118,268 Sub total(Gross income for AR) 192,978 118.268 311.246 29S.015 A2 Asset and investment sales, see table . Sub total 192.978 118.268 311.248 295.015 A3 Payments FRANCHISE FEE EQUIPME STATIONERY POSTAGE SUPPUES INSURANCE ADMIN COSTS FOOD TOP UPS TRAINING AND MEEnNG DONATIONS 3,284 10 362 52,474 25,086 154 78,384 36 902 59,370 57.354 470 25 9.702 69.072 59,574 470 87,945 Sub total 118,157 217.999 159,754 A4 Asset and investment urchases, see table Sub total Total payments 118,157 99,842 217,999 159,754 Net of receipts/(payments) AS Transfers between funds A6 Cash funds last year end 191,427 Cash funds this year end￿ 266.248 74.821 18,426 93.247 135,261 47,920 239,347 332.594 104,086 239,347

Section B Statement of assets and liabilities at the end of the period Unrestrictsd fund5 Restricted funds Endowment funds Categories Details to n2arest £ tg nearest É to nearest £ B1 Cash funds Nats￿l 256.961 ¢ebtot5 IbeWI 17.414 credrtors Ibe1￿} 8,127 Total cash funds 266.248 lawee b￿e￿￿th receyts ar￿ pay7rents Unrestricted funds to nearesi £ Restricted funds to nearest £ Endovmient funds to r￿areSt £ Details Debius B2 Other monetary assets 17.414 Fund to whlch asset belon Detalls Cost loptlonall Current value lonal B3 Investment assets Fund to thl¢h asset belon Curren¢ value lonal Details Cost lopttonall B4 Assets retained for the charity's own use Fund to vthleh Ikqbll relates 8126.86 Amount due lonal When due lonal Details PAYE & Pen5*)ns B5 Liabilities Signed by one or two Iruslees on behalf of all the trustees Signature Print Name Date of approval Michael Morris 22-Jan-25

Independent examiner's report on the accounts

Section A

Independent Examiner’s Report

Report to the trustees/ members of

Witney and West Oxfordshire Food Bank members of On accounts for the year 5 April 2024 Charity no 1170366 ended (if any)

Set out on pages

Statement of Income and Expenditure and Balance Sheet

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 March 2024.

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention (other than that disclosed below *) in connection with the examination which gives 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 order to enable a proper understanding of the accounts to be reached.

Signed: Date: 2 January 2025 ~~[|~~ Name: Charles J Rush, BA MSc FCA ~~Ce~~ Relevant professional FCA qualification(s) or body (if any): Address: Woodstock Accountancy 3A Market Place, Woodstock, Oxon OX20 1SY

October 2018

1

IER

Section B Disclosure

Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose .

October 2018

2

IER