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2023-03-31-accounts

REGISTERED COMPANY NUMBER: 10428026 (England and Wales) REGISTERED CHARITY NUMBER: 1171916

REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FOR

UKHARVEST LIMITED

Gibson Whitter Limited Statutory Auditors Larch House Parklands Business Park Denmead Hampshire PO7 6XP

UKHARVEST LIMITED

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

Page
Report of the Trustees 1 to 10
Report of the Independent Auditors 11 to 14
Statement of Financial Activities 15
Balance Sheet 16
Cash Flow Statement 17
Notes to the Cash Flow Statement 18
Notes to the Financial Statements 19 to 32

UKHARVEST LIMITED

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2023. The trustees have adopted the provisions of 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) (effective 1 January 2019).

Chair's Report

Five years ago, UKHarvest was founded for a simple purpose: to protect the environment by rescuing good food destined for landfill and to feed those in food poverty, provide food for the old and young alike in desperate need of the nutrition. We have remained true to our mission and continue to focus on the climate change agenda.

Over the past five years we have evolved into a National organisation, an organisation known for its collaboration, partnership work and excellent education programmes. By using food as a medium we have been able to bring isolated and lonely people together, nourishing their minds, bodies and souls. Today, UKHarvest delivers a broad range of education and support programmes, whilst our environmental offer is still as relevant today as it was in 2017.

To rise to the challenge of doing what we do in an ever changing world, and during the post Covid-19 period, whilst our economy was in an economic crisis UKHarvest has been through another year of extraordinary change . Extending our premises, to accommodate the growth in demand for our services: transforming our premises to deliver bespoke educational training kitchens and restaurant facilities to meet the diverse needs of the communities we support, while making sure we continue to deliver meals to the charities we support. We know that we must continue to develop and innovate our programmes to meet the diverse needs of our clients and in collaboration with our partners we will achieve sustainable change. The launch of our Nourish Hub in London in February 2022 by the then Duchess of Cornwall saw a landmark change in our operations as we opened a donate as you dine restaurant feeding local people in need, whilst providing signposting services to support our most vulnerable community members.

This year, the amazing work of the 48 strong team has raised funds, initiated 100,000's education and awareness interventions and delivered millions of meals to those most in need.

I am very proud of the commitment of staff and the dedication of trustees to ensure we protect the environment and support those most in need. Our CEO has continued to cover both operational and strategic roles, in the absence of a COO and stepped up to the challenge admirably. We have developed a senior leadership team in February 2023, to ensure the future security and growth of service delivery. The pace of growth in demand for our services continues to accelerate. By rising to the challenge and securing the necessary funding to deliver our services, we have been able to be there to provide support especially when it is most in need. We acknowledge that there is still more to do, but we have laid strong foundations on which to continue expanding our services throughout the UK and to continue improving the services we offer.

Ricky McMenemy, Chair

Page 1

UKHARVEST LIMITED

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023

CEO Report

The Covid 19 global pandemic has had a huge impact on the health and wellbeing of people throughout the world. This financial year we have been coping with the economic crisis and expanding and tailoring our services to reach those most in need. Our national charity met the needs of our communities and has seen a surge in the growth of our Community Food Hubs (CFHs): supporting families most in need by tailoring our programmes to provide food whilst teaching families how to cook well for less. We have also been able to increase our sign posting to enable us to support those most in need of nutrition and mental health support during this time. We deliver regular Community Food Hubs at 16 locations which work with up to 100 families at each. We delivered school holiday hunger support to 1000's of children and young people. We grew our digital presence and offered education programmes online to reach more people. We also partnered with Cadent and UK Power Networks to deliver our food and fuel programme teaching children and their families to cook well whilst using the minimum energy possible. By supporting 100,000's people each week we have made a positive difference to their lives. A difference which is sustainable.

As the only free food rescue organisation operating along the south coast with a presence in Kent, East Sussex, West Sussex, Hampshire, Wiltshire and London . Using research data, UKHarvest believe that when people are alleviated from food poverty they are simultaneously alleviated from social isolation to a place where they are empowered to live a fuller, healthier life. UKHarvest is here to facilitate this transition with our NourishEd (Education Programme), surplus suppers (NourishEd Community), "donate as you dine" restaurant and community food waste awareness events.

Our incredible London Nourish Hub launched in 2022, has won five national awards: New London Awards Mayor's Prize & Community Prize, RIBAJ MacEwen Award Overall Winner, UK Planning Awards Community Led Place Making Award, Pineapples Re-store: Award. In our Hub we have supported those suffering from food insecurity but also supported those experiencing social isolation and loneliness. We educate, feed and support 1000's of Londoners in need every week, whilst delivering awareness events and supporting over 40 local partner organisations.

UKHarvest's positive impacts are only made possible because of the generous support of donors who believe in our work. Our core funder Goodman have made our hugely successful journey possible. The dedication of these donors and hundreds more like them are intrinsic to our work. We are hugely grateful for this support.

2023/24 will see the expansion of our Community Food Hubs (CFHs), increase in office accommodation with the prospect of launching another Nourish Hub on the South Coast. Our partnership education programmes will also continue to grow. We are also collaborating with other organisations Nationally, to enable them to use the UKHarvest model to ensure more good food doesn't go to waste.

Yvonne Thomson, CEO

Page 2

UKHARVEST LIMITED

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023

OBJECTIVES AND ACTIVITIES

The objects of the charity are the prevention or relief of poverty in the United Kingdom for the public benefit through the provision of food and the relief of hunger in particular by:

The trustees normally meet four times a year to agree funding priorities, charitable activities, strategy and policy. Our inhouse accounting system is supported by our accounting team and Gibson Whitter handle the external auditing process for UKHarvest. We administer our own financial affairs for the charity on a day-to-day basis. The Charity is supported by an active network of over 200 active volunteers and, since the year end, we are now operating with a core team of 35 staff supported by additional sessional contractors.

UKHarvest is a for impact environmental charity, established in 2017 by our CEO, Yvonne Thomson. We focus on using rescued food as a medium to educate all in the prevention of food waste and on how to cook using fresh nutritious food. UKHarvest has established itself within the UK's saturated food rescue market from having one van and a garage to a fleet of eight vans, a 520 m2 warehouse, three offices, a purpose built training and commercial kitchen, and a purpose designed Nourish Hub, with a commercial kitchen, training kitchen, large multi-use space and office space, within 5 years. We support charities who in turn feed 350,000 people each week and can rescue and redistribute up to 25 tonnes of food in a day . We have collected from over 200 outlets and delivered to 362 charities. We redistribute to our bespoke CFHs and use our food to deliver education sessions and our holiday hunger initiatives which help vulnerable groups including families of school children. We have a waiting list of 40 charities requesting support. We have empowered over 50,000 people to improve their nutrition and quality of lives, though our bespoke education interventions.

Our core offer is intrinsically a method to help "protect the environment" through the prevention of food waste by collecting surplus food across the supply chain spectrum and redistributing it free of charge to local charities. Currently we rescue 80% perishable food. We collect food with a fleet of eight vans operating throughout Kent, East Sussex, West Sussex, Hampshire, Wiltshire and London.

Our second offer is an education (NourishEd Education) and up-skilling programme by using rescued food to provide quick and easy nutritious meals, using as much left-over food as possible to also help avoid household waste. 40% of all household waste in West Sussex is edible food. This equates to 40,195 tonnes of edible food going to landfill per annum. From the social nature of sharing food to the delivery of formal training opportunities, using local training kitchens, the NourishEd (Education) Programme will build the capacity of the local community, in a fun way. The principles of community engagement, inclusion, community empowerment and community ownership are the core principles to NourishEd (Education Programme). The approach is asset-based and we aim to provide a democratic space for all of our activities. We facilitate people coming together to achieve positive change by enhancing their own knowledge, skills and experience around nutrition. The result is long-lasting behavioural change and personal empowerment. We work in collaboration and partnership with other charities to deliver this change programme including The Apuldram Centre, Aspire, Church community groups, Sanctuary in Chichester, The Chichester Centre, Turning Tides, Young Carers and many other organisations.

Our third offer focuses on combatting social isolation and loneliness. This programme invites vulnerable people; especially those living alone or in isolation, to supper clubs to encourage social involvement in the community, while learning to make delicious soups and receiving a premium three-course meal using entirely rescued food. Local young people from places such as SPRING as well as volunteers support the programme, under the supervision of a trained cook. This year we grew our Community Food Hubs (CFHs), to help people on their journey from dependency on food banks to a resilient place by providing support services alongside their weekly shop. We currently deliver regular CFHs at 16 different locations across West Sussex. Through this we bring together up to 800 families per week in turn feeding up to 2,640 individuals each week. Wrap around support services include Arun & Chichester Citizens Advice, West Sussex Mind, Supporting You and housing associations.

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UKHARVEST LIMITED

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023

We work around the South East focusing in the most deprived areas, where people are food insecure. We are the only food rescue charity in the area which does not charge the charities for the delivery of food. We support their business models by delivering free of charge, ensuring that their funding is spent on delivering services and not on food.

Public benefit

The trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the charity's aims and objectives, in planning future activities and setting grant making policy for the year and that they have complied with the duty in section 17(5) of the 2011 Charities Act. The trustees are satisfied that all charitable activities during the year are for the benefit of the public and the benefits of each and every activity are clearly identifiable.

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UKHARVEST LIMITED

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023

ACHIEVEMENT AND PERFORMANCE

Charitable activities

To keep us true to our roots, we want to be out in the community as much as we can, educating and supporting those most in need of nutrition and looking after the environment. This year we continued to address the huge demand for our services and again grew and adapted our education and events teams to do just that. We have enhanced our online digital platforms to ensure we could still reach those who wanted to take advantage of our services.

We are currently providing the equivalent of over 41,000 meals per week to vulnerable people in the community, rescuing food from over 200 food donors. We have delivered quality surplus produce to over 362 recipient charities and have rescued 1000's of tonnes of food from going to landfill. There is a demonstrable demand to expand our services from both donors of food, and the vulnerable people we feed. This demand continues to grow. This financial year we have grown to meet demand for our services and expanded our donor base and have developed the way in which we work with existing organisations such as City Harvest.

Our growth has continued over the last year, and we have predicted that this trend will continue as more and more organisations become aware of the services we provide and people continue to be food insecure as the cost of living crisis begins to bite those on low incomes. 2020 was the year that school holiday hunger rocketed to the top of the political agenda, with all major parties pledging to end it. UKHarvest continues to be part of this journey, providing and supporting school holiday hunger clubs and working alongside all partners including West Sussex County Council and Hammersmith and Fulham Council to end food insecurity, prevent food waste, protect the environment and ultimately put an end to hunger.

We are the Superheroes for Surplus Food

UKHarvest collects quality surplus food from a variety of retailers and producers and delivers it, direct and free of charge, to incredible charities that can make use of it to support those in need. We provide much needed assistance to vulnerable men, women and children across the UK.

We rescue food from all types of food provider

Providers include fruit and vegetable markets, supermarkets, hotels, wholesalers, farmers, stadiums, corporate events, catering companies, shopping centres, delis, cafes, restaurants, film and TV shoots and boardrooms.

Delivering fresh, nourishing food for free to charitable organisations

These charitable and welfare agencies include homeless shelters, women's and men's refuges, youth groups and organisations that service people with alcohol or drug addictions, mental health issues, people with disabilities and the elderly.

Where we work

Our eight refrigerated vans currently make food collections and deliveries in and around Kent, East Sussex, West Sussex, Hampshire, Wiltshire and London .

We are keen to support as many charities as possible to ensure the vulnerable have access to highly nutritious food.

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UKHARVEST LIMITED

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023

UKHARVEST ESTIMATEDREACH&ENGAGEMENT2022/23 UKHARVEST ESTIMATEDREACH&ENGAGEMENT2022/23 UKHARVEST ESTIMATEDREACH&ENGAGEMENT2022/23 UKHARVEST ESTIMATEDREACH&ENGAGEMENT2022/23 UKHARVEST ESTIMATEDREACH&ENGAGEMENT2022/23
NOURISH
HUB		 EDUCATION,
COMMUNITY
& CULTURAL EVENTS		 Events held 576
Local support provided 40,027
RESIDENTS
Meals served 35,455
VOLUNTEERS Active volunteers 83
DONNINGTON HUB AWARENESS Farmers' Market Events held 10
People engaged 750
Votes for Schools Schools engaged 1,300
Pupils engaged 40,000
Other events
(in-person and online)		 Events held 145
People engaged 14,000
COMMUNITY FOOD
HUBS		 People engaged 17,103
People supported 49,973
EDUCATION Holiday Activities
with Food		 Events held 29
People engaged 185
Food & Fuel Events held 11
People engaged 210
Potential reach 47,272
Eat Well, Spend Less
Tesco Communities Project		 Organisations engaged 750
People engaged 4,000
10-hour Cookathon Livestream views 156
Pupils engaged 480
Online reach 6,300
Cookalong Events held 10
People engaged 350
LOGISTICS Surplus food redistribution Recipient organisations 164
Meals redistributed 1,817,350
Potential reach 10,230,480
ONLINE Website Users engaged 36,538
Social media Facebook users
reached		 177,360
Twitter users reached 64,410
Instagram users
reached		 23,972
YouTube users reached 92,400
VOLUNTEERS Community Active volunteers 75
Interest registered 170
Corporate Active volunteers 155

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UKHARVEST LIMITED

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023

OUR INCREDIBLE FAMILY OF SUPPORTERS AND DONORS

We adore and value the contribution of all of our food donors, financial donors and amazing supporters. On behalf of the entire team at UKHarvest and the people we support - THANK YOU for supporting us to Nourish Our Nation through food rescue, education, engagement and innovation.

With thanks for funding from donors including:

Aviva Community Fund, Biffa, Bognor Regis Town Council, Brian Linden, Brighton and Hove City Council, Charles Lewington, Chichester City Council, Clarion Futures, Cubbit and West, Ernest Kleinwort Charitable Trust, Ferry Farm, Garfield Weston Foundation, Goodman Foundation, Hyde Housing, Lendlease, Morrisons Foundation, Southall Trust, Sussex Community Foundation, Tennyson/Zurich Insurance, Tesco Community Grants, The Alex & William de Winton Trust, UK Power Networks and Cadent Gas, WSCC, WSCC Recycles.

FINANCIAL REVIEW

During the year ending 31 March 2023 the charity received income totalling £1,295,780 (2022: £1,217,515). The day-to-day management of receipts and payments is handled by the charity's finance team, with regular oversight from Trustees at meetings.

Total expenditure for the year, including fundraising, operational and charitable expenditure, was £1,216,959 (2022: £986,280). Net income for the year was £78,821 (2022: £231,235). At the end of the financial year free reserves were £747,155 (2022: £553,934). Free reserves represent total unrestricted reserves less net book value of unrestricted fixed assets. This equates to approximately 6 months of charitable expenditure.

We received significant contributions, in the form of food donations which are not recognised in the financial statements as disclosed in note 2. Thanks are due to all UKHarvest's supporters in 2022/23.

Reserves policy

The policy of the trustees is to hold free reserves of 6 months running costs to ensure continuity of UKHarvest's operations if there was a significant disruption to income. Reserves are also being built up to support current operational projects as they become self-sustaining, namely the Community Food Hubs and the growth in the logistics vehicle fleet, without which the operations of UKHarvest could not happen. The actual unrestricted and free reserves held at 31 March 2023 were £747,155 which represents 6 months running costs. This is calculated as total unrestricted reserves (£922,456) less fixed assets (£175,301). This policy is reviewed annually.

Going concern

The trustees have prepared an income and expenditure budget and cashflow forecast and have concluded that the charity continues to be a going concern for the foreseeable future. On that basis they have continued to adopt the going concern basis when preparing the financial statements.

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UKHARVEST LIMITED

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023

FUTURE DEVELOPMENTS

2023/24 will see the strengthening of our collaborations with Hammersmith and Fulham Council (H&F Council) and The Mayor of London. In this partnership venture launched by the then Duchess of Cornwall in February 2022, we will see the Nourish Hub in West London grow in capacity to support those most in need at our community lunches, currently feeding 200 people each day. This is enabled by the support of H&F Council and the backing of the local community. This project will grow to feed 1,250 hungry people each week, tackle food waste in the borough and education 1000's on how to nourish their minds, bodies and souls. This venue is funded through a mixed portfolio of funding, supported by the commitment of the Leader of H&F council. We are also delivering a large scale Food and Fuel programme in collaboration with Cadent and UK Power Networks, educating 50 ,000 people on how to cook well for less, using less fuel and using highly nutritious recipes. We will strengthen our current joint ventures with organisations in the food waste space and will begin plans to deliver a social enterprise in the South Coast area. We will continue to add value to a variety of organisations in London. These joint ventures will see the delivery of a broad variety of educational opportunities aimed at empowering everyone from care leavers, single parents, those within schools, refugees to isolated older people.

Our Community Food Hubs and the event collaborations with local food banks will continue to increase to meet the ever growing demand. We will continue to run joint fundraisers with other local charities to add value to the mission of both organisations.

We will formalise collaborations with Hampshire County Council, West Sussex County Council, the Xcess food network, local food banks, the Aldingbourne Trust and Housing Associations amongst others. These partnerships will deliver much needed services to the communities that they support and add value to the missions of the partnership organisations.

Our post Covid 19 recovery plan will see us continue to have a strong online presence, with education programmes being delivered through this medium, as well as face to face sessions. The increased demand on our services due to this ever changing situation will mean we have to be as agile as we can to respond to this demand and support as many people in our communities as we can.

UKHarvest will deliver at least 2 million meals in 2023. We will have positive interventions to meet the high demand for our services.

We are so excited by the opportunities that this year will bring, and we cannot wait to get started.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, it's memorandum and articles incorporated 14 October 2016 as amended by special resolution(s) dated 23 December 2016 as registered at Companies House on 19 January 2017 as amended by special resolution registered at Companies House on 1 March 2017.

The Trustees are also the Members of the Company and, under the terms of its Articles, every Member promises, if the Charity is dissolved while he or she remains a member, or within 12 months afterwards, to pay up to £1 towards the costs of dissolution and the liabilities incurred by the Charity while he or she was a member.

Recruitment and appointment of new trustees

Where there is a requirement for new trustees, these would be identified and appointed by the current trustees and elected by the members of UKHarvest Ltd at a General Meeting. The chair of trustees is responsible for the induction of any new trustee which involves a briefing on a trustee's responsibilities, the governing document and policies, administrative procedures, the history of the Charity and the philosophical approach of the charity. All trustees provide their services as trustees for free.

Key management personnel

The trustees consider that they, the chief executive and the senior leadership team comprise the key management of the charity in charge of directing and controlling, running and operating the charity on a day to day basis. The trustees receive no remuneration.

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UKHARVEST LIMITED

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023

STRUCTURE, GOVERNANCE AND MANAGEMENT

Risk management

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. The Trustees have identified a register of risks which they review annually.

The trustees have reviewed the risk register, the risks identified and the processes to manage or mitigate any risk. The trustees are satisfied that all potential major risks have been considered and a mitigation management process identified.

As part of this process, some of the key agreed actions are:

In looking to the future, the trustees will continue to monitor the risks associated with its operations and continue to be vigilant as to other risks that might be associated with an operational charity.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number

10428026 (England and Wales)

Registered Charity number

1171916

Registered office

The Bricks Manor Farm Barns Selsey Road Donnington Chichester PO20 7PL

Trustees

Ricky McMenemy - Chair James Cornell - Treasurer Andrew Eborn Gillian Rae (resigned 1 September 2023) Susannah Day Emma Schwarz Glenn Reynolds-Viljoen Roma Carter Amy Sim (appointed 1 September 2023)

Company Secretary Susannah Day

Chief Executive Yvonne Thomson

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UKHARVEST LIMITED

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023

REFERENCE AND ADMINISTRATIVE DETAILS Auditors

Gibson Whitter Limited Statutory Auditors Larch House Parklands Business Park Denmead Hampshire PO7 6XP

Bankers

Santander UK plc 2 Triton Square Regent's Place London NW1 3AN

STATEMENT OF TRUSTEES' RESPONSIBILITIES

The trustees (who are also the directors of UKHarvest Limited for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the trustees are aware:

AUDITORS

The auditors, Gibson Whitter Limited, will be proposed for re-appointment at the forthcoming Annual General Meeting.

Approved by order of the board of trustees on 7 December 2023 and signed on its behalf by:

................................................................. Mr R M McMenemy - Trustee

Page 10

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF UKHARVEST LIMITED

Opinion

We have audited the financial statements of UKHarvest Limited (the 'charitable company') for the year ended 31 March 2023 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

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REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF UKHARVEST LIMITED

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Report of the Trustees.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the Statement of Trustees' Responsibilities, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

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REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF UKHARVEST LIMITED

Our responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below.

Based on our understanding of the charitable company and sector, we identified that the principal risks of non-compliance with laws and regulations related to breaches of employment law, data protection and anti-bribery and corruption legislation, and we considered the extent to which non-compliance might have a material effect on the financial statements. We also considered those laws and regulations that have a direct impact on the financial statements such as the Charities acts, Companies Act 2006 and UK tax legislation. We evaluated management's incentives and opportunities for fraudulent manipulation of the financial statements (including the risk of override of controls), and determined that the principal risks were related to posting inappropriate journal entries to overstate profit and management bias in accounting estimates. Audit procedures performed by the engagement team included:

There are inherent limitations in the audit procedures described above. We are less likely to become aware of instances of non-compliance with laws and regulations that are not closely related to events and transactions reflected in the financial statements. Also, the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery or intentional misrepresentations, or through collusion.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.

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REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF UKHARVEST LIMITED

Use of our report

This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Gavin Whitter (Senior Statutory Auditor) for and on behalf of Gibson Whitter Limited Statutory Auditors Larch House Parklands Business Park Denmead Hampshire PO7 6XP

Date: 8 December 2023

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UKHARVEST LIMITED

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2023

Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
Charitable activities
5
Community food hubs, rescue and
redistribution, and education
Other trading activities
3
Investment income
4
Total
EXPENDITURE ON
Charitable activities
6
Community food hubs, rescue and
redistribution, and education
NET INCOME/(EXPENDITURE)
RECONCILIATION OF FUNDS
Total funds brought forward
As previously reported
Prior year adjustment
14
As restated
TOTAL FUNDS CARRIED FORWARD		 Unrestricted
funds
£
375,000
515,491
22,304
8,580
921,375
795,546
125,829
643,048
153,579
796,627
922,456		 Restricted
funds
£
-
374,405
-
-
374,405
421,413
(47,008)
254,007
(153,579)
100,428
53,420		 31.3.23

Total
funds
£
375,000
889,896
22,304
8,580
1,295,780
1,216,959
78,821
897,055
-
897,055
975,876		 31.3.22
Total
funds
as restated
£
358,929
857,439
468
679
1,217,515
986,280
231,235
665,820
-
665,820
897,055

The notes form part of these financial statements

Page 15

UKHARVEST LIMITED

BALANCE SHEET 31 MARCH 2023

Notes
FIXED ASSETS
Intangible assets
15
Tangible assets
16
CURRENT ASSETS
Debtors
17
Cash at bank and in hand
CREDITORS
Amounts falling due within one year
18
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
NET ASSETS
FUNDS
21
Unrestricted funds
Restricted funds
TOTAL FUNDS		 31.3.23
£
6,888
221,833
228,721
244,674
686,725
931,399
(184,244)
747,155
975,876
975,876
922,456
53,420
975,876		 31.3.22
as restated
£
8,942
233,751
242,693
148,246
565,838
714,084
(59,722)
654,362
897,055
897,055
796,627
100,428
897,055

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

The financial statements were approved and authorised for issue by the Board of Trustees and authorised for issue on 7 December 2023 and were signed on its behalf by:

............................................. Mr R M McMenemy - Trustee

............................................. Mr J M Cornell - Trustee

The notes form part of these financial statements

Page 16

UKHARVEST LIMITED

CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2023

Notes
Cash flows from operating activities
Cash generated from operations
1
Net cash provided by operating activities
Cash flows from investing activities
Purchase of intangible fixed assets
Purchase of tangible fixed assets
Interest received
Net cash used in investing activities
Change in cash and cash equivalents
in the reporting period
Cash and cash equivalents at the
beginning of the reporting period
Cash and cash equivalents at the end
of the reporting period		 31.3.23
31.3.22
as restated
£
£
158,480
220,873
158,480
220,873
-
(10,268)
(46,173)
(51,772)
8,580
679
(37,593)
(61,361)
120,887
159,512
565,838
406,326
686,725
565,838

The notes form part of these financial statements

Page 17

UKHARVEST LIMITED

NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2023

1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES OPERATING ACTIVITIES
31.3.23 31.3.22
as restated
£ £
Net income for the reporting period (as per the Statement of
Financial Activities) 78,821 231,235
Adjustments for:
Depreciation charges 60,144 55,201
Interest received (8,580) (679)
Increase in debtors (96,428) (90,457)
Increase in creditors 124,523 25,573
Net cash provided by operations 158,480 220,873

2. ANALYSIS OF CHANGES IN NET FUNDS

At 1.4.22 Cash flow At 31.3.23
£ £ £
Net cash
Cash at bank and in hand 565,838 120,887 686,725
565,838 120,887 686,725
Total 565,838 120,887 686,725

The notes form part of these financial statements

Page 18

UKHARVEST LIMITED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

Voluntary income including donations, gifts and legacies and grants that provide core funding or are of a general nature are recognised where there is entitlement, receipt is probably and the amount can be measured with sufficient reliability. Such income is only deferred when:

Investment income is recognised on a receivable basis.

Income from charitable activities includes income received under contract or where entitlement to grant funding is subject to specific conditions is recognised as earned (as the related goods and services are provided). Grant income included in this category provides funding to support activities and is recognised where there is entitlement, receipt is probable and the amount can be measured with sufficient reliability.

Volunteers and donated services

The value of services provided by volunteers is not incorporated into these financial statements.

Where goods or services are provided to the charity as a donation that would normally be purchased from suppliers, this contribution is included in the financial statements at an estimate based on the value of the contribution to the charity.

Expenditure

Expenditure is recognised when a liability is incurred. Contractual arrangements are recognised as goods or services are supplied.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Website development is being amortised evenly over its estimated useful life of 8 years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property - 10% on cost Fixtures and fittings - 33% on cost Motor vehicles - 20% on cost

Page 19

continued...

UKHARVEST LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023

1. ACCOUNTING POLICIES - continued

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

2. DONATIONS AND LEGACIES

Donations
Gift aid		 31.3.23
31.3.22
as restated
£
£
375,000
357,386
-
1,543
375,000
358,929

The charity receives food and produce from retailers and local businesses. This value of produce is not included in the financial statements as it is received by the charity when it is no longer in a saleable, or useable condition and therefore has no value to the donor.

The charity uses premises in the London Borough of Hammersmith & Fulham for its Nourish Hub. The premises has been provided rent free by the London Borough of Hammersmith & Fulham Council. No value has been included in the financial statements for these premises due to the location and size of the premises which has historically meant that they were difficult to let commercially.

3. OTHER TRADING ACTIVITIES

Fundraising events
Room hire
Food income		 31.3.23
31.3.22
as restated
£
£
125
468
13,843
-
8,336
-
22,304
468

Page 20

continued...

UKHARVEST LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023

4. INVESTMENT INCOME

4. INVESTMENT INCOME
31.3.23 31.3.22
as restated
£ £
Deposit account interest 8,580 679
5. INCOME FROM CHARITABLE ACTIVITIES
31.3.23 31.3.22
as restated
Community
food
hubs,
rescue
and
redistribution,
and Total
education activities
£ £
Event income 13,879 8,047
Grants 476,123 522,846
LBHF funding 273,088 232,203
Meals on wheels funding 126,806 94,343
889,896 857,439
Grants received, included in the above, are as follows:
31.3.23 31.3.22
as restated
£ £
Other grants 18,098 3,575
Groundwork UK - Tesco 94,875 13,500
W F Southall Trust 3,000 3,000
Morrisons Foundation 7,815 -
Julia & Hans Rausing Trust 50,000 -
The Jericho Trust 10,000 -
The Talent Fund 3,333 -
Chichester City Council 2,000 -
Clarion Futures Charitable Foundation 4,152 5,500
Bognor Town Council - 1,792
Hyde Charitable Trust 32,000 5,000
West Sussex County Council 55,900 181,114
United in Hammersmith and Fulham 3,500 -
UK Power Networks 95,000 -
Cadent Gas 95,000 -
London Borough Hammersmith & Fulham 1,450 -
Waste & Resources Action Programme - 54,096
National Lottery - 58,386
Garfield Weston - 50,000
Adur & Worthing Council - 31,000
Brighton & Hove Council - 5,720
Feeding Britain - 10,957
Carried forward 476,123 423,640

Page 21

continued...

UKHARVEST LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023

5.
INCOME FROM CHARITABLE ACTIVITIES - continued
Brought forward
Hampshire County Council
Horsham District Council
Sussex Community Foundation
6.
CHARITABLE ACTIVITIES COSTS
Community food hubs, rescue and
redistribution, and education
7.
DIRECT COSTS OF CHARITABLE ACTIVITIES
Staff costs
Hire of plant and machinery
Food supplies
Training projects
Motor expenses
Travel and subsistence
Other staff costs
Seasonal staff costs
Waste disposal costs
8.
SUPPORT COSTS
Community food hubs, rescue and
redistribution, and education
Direct
Costs (see
note 7)
£
973,705
Management
£
238,516

Page 22

continued...

UKHARVEST LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023

8. SUPPORT COSTS - continued

Support costs, included in the above, are as follows:

Management

Management
31.3.23 31.3.22
as restated
Community
food
hubs,
rescue
and
redistribution,
and Total
education activities
£ £
Rent and rates 47,519 36,759
Insurance 14,248 12,294
Light and heat 39,957 14,493
Telephone 3,174 2,431
Postage and stationery 3,629 5,270
Advertising 6,086 4,744
Sundries 4,327 6,073
Repairs and renewals 4,169 6,137
Cleaning costs 5,502 4,548
Computer costs 2,840 7,248
Bookkeeping services 12,830 15,650
Recruitment costs 790 -
Bank charges 487 434
Subscriptions 4,201 150
Irrecoverable VAT 28,461 -
Trustee expenses 152 146
Amortisation of intangible fixed assets 2,054 1,326
Depreciation of tangible and heritage
assets 58,090 53,875
238,516 171,578
Governance costs
31.3.23 31.3.22
as restated
Community
food
hubs,
rescue
and
redistribution,
and Total
education activities
£ £
Auditors' remuneration 3,425 3,867
Legal and professional fees 1,313 4,446
4,738 8,313

Governance costs

Page 23

continued...

UKHARVEST LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023

9. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

Depreciation - owned assets
Hire of plant and machinery
Website development amortisation
10.
AUDITORS' REMUNERATION
Fees payable to the charity's auditors for the audit of the charity's
financial statements		 31.3.23
31.3.22
as restated
£
£
58,091
53,875
-
2,676
2,054
1,326
31.3.23
31.3.22
as restated
£
£
3,425
3,867

11. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022.

Trustees' expenses

During the year two (31.3.22: one) trustee directors were reimbursed expenses by the charitable company totalling £152 (31.3.22: £146) for travel costs.

12. STAFF COSTS

Wages and salaries
Social security costs
Other pension costs
The average monthly number of employees during the year was as follows:
Direct charitable activities		 31.3.23
31.3.22
as restated
£
£
646,876
568,834
56,029
46,415
11,130
9,920
714,035
625,169

31.3.23
31.3.22
as restated
24
25

Page 24

continued...

UKHARVEST LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023

12. STAFF COSTS - continued

The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was:


£60,000 was:
31.3.23 31.3.22
as restated
£100,001 - £110,000 - 1
£110,001 - £120,000 1 -
1 1
The average monthly number of full time equivalent employees during the year was as follows:
31.3.23 31.3.22
Direct charitable activities 22 21
13. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
Restricted
Total
funds funds funds
as restated
£ £ £
INCOME AND ENDOWMENTS FROM
Donations and legacies 358,929 - 358,929
Charitable activities
Community food hubs, rescue and
redistribution, and education 260,214 597,225 857,439
Other trading activities 468 - 468
Investment income 679 - 679
Total 620,290 597,225 1,217,515
EXPENDITURE ON
Charitable activities
Community food hubs, rescue and
redistribution, and education 364,277 622,003 986,280
NET INCOME/(EXPENDITURE) 256,013 (24,778) 231,235
RECONCILIATION OF FUNDS
Total funds brought forward 540,614 125,206 665,820
TOTAL FUNDS CARRIED FORWARD 796,627 100,428 897,055

Page 25

continued...

UKHARVEST LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023

14. PRIOR YEAR ADJUSTMENT

The charity has restated its previously reported unrestricted and restricted funds. The restricted funds were made up of income received which had been fully utilised in the year ended 31 March 2022, however, this had not been reflected within the financial statements. Restricted fund costs totalling £297,083 have been reclassified as the funds had been fully utilised in the year ended 31 March 2022.

Additionally, income totalling £143,504 has been reclassified as restricted fund income as this had not been reflected within the financial statements.

A summary of these changes to unrestricted funds is shown below.

Reallocation of income from unrestricted to restricted
Reallocation of wages from unrestricted to restricted
Effect of prior year adjustment
Total unrestricted funds brought forward as previously stated
Total unrestricted funds brought forward as restated
INTANGIBLE FIXED ASSETS
COST
At 1 April 2022 and 31 March 2023
AMORTISATION
At 1 April 2022
Charge for year
At 31 March 2023
NET BOOK VALUE
At 31 March 2023
At 31 March 2022		 31.3.22
£
143,504
(297,083)
(153,579)
643,048
796,627
Website
development
£
10,268
1,326
2,054
3,380
6,888
8,942

15. INTANGIBLE FIXED ASSETS

Page 26

continued...

UKHARVEST LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023

16. TANGIBLE FIXED ASSETS

Improvements
Fixtures
to
and
property
fittings
£
£
COST
At 1 April 2022
134,592
51,336
Additions
1,663
620
At 31 March 2023
136,255
51,956
DEPRECIATION
At 1 April 2022
14,366
15,952
Charge for year
13,459
16,660
At 31 March 2023
27,825
32,612
NET BOOK VALUE
At 31 March 2023
108,430
19,344
At 31 March 2022
120,226
35,384
17.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
Other debtors
Accrued income
Prepayments		 Motor
vehicles
Totals
£
£
139,412
325,340
43,890
46,173
183,302
371,513
61,271
91,589
27,972
58,091
89,243
149,680
94,059
221,833
78,141
233,751
31.3.23
31.3.22
as restated
£
£
125,593
-
10,774
8,100
92,751
126,644
15,556
13,502
244,674
148,246

Page 27

continued...

UKHARVEST LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023

18. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Trade creditors
Social security and other taxes
VAT
Other creditors
Deferred income
Accrued expenses		 31.3.23
31.3.22
as restated
£
£
28,053
17,905
17,168
14,510
53,676
17,187
277
2,276
65,792
-
19,278
7,844
184,244
59,722

Deferred income

Deferred income comprises £65,792 (31.3.22: £Nil) for grant income received in the year which will be released to income in future financial periods.

Balance brought forward
Amount release to incoming resources
Amount deferred in the year
Balance carried forward		 31.3.23
£
-
-
65,792
65,792		 31.3.22
£
-
-
-
-

19. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

Within one year
Between one and five years
ANALYSIS OF NET ASSETS BETWEEN FUNDS
Unrestricted
funds
£
Fixed assets
175,301
Current assets
931,399
Current liabilities
(184,244)
922,456		 Restricted
funds
£
53,420
-
-
53,420		 31.3.23
31.3.22
as restated
£
£
27,000
27,000
38,250
65,250
65,250
92,250
31.3.23
31.3.22
as restated
Total
Total
funds
funds
£
£
228,721
242,693
931,399
714,084
(184,244)
(59,722)
975,876
897,055

20. ANALYSIS OF NET ASSETS BETWEEN FUNDS

Page 28

continued...

UKHARVEST LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023

21. MOVEMENT IN FUNDS

Prior
year
At 1.4.22
adjustment
£
£
Unrestricted funds
General fund
643,048
153,579
Restricted funds
London Borough Hammersmith and
Fulham Council
88,524
(79,582)
WRAP
116,854
(73,997)
National Lottery
43,658
-
Hampshire County Council
4,971
-
Frozen goods van, Hyde Charitable
Trust
-
-
254,007
(153,579)
TOTAL FUNDS
897,055
-
Net movement in funds, included in the above are as follows:		 Net
movement
in funds
£
125,829
(2,054)
(14,325)
(43,658)
(4,971)
18,000
(47,008)
78,821		 At
31.3.23
£
922,456
6,888
28,532
-
-
18,000
53,420
975,876
Unrestricted funds
General fund
Restricted funds
London Borough Hammersmith and
Fulham Council
WRAP
National Lottery
Hampshire County Council
NourishED
Community food hub Whyke,
Chichester
Community food hubs, Chichester
district
Frozen goods van, Hyde Charitable
Trust
Education activities programme
Community food hubs, West Sussex
district
Ecology festival
TOTAL FUNDS		 Incoming
resources
£
921,375
273,088
-
-
-
7,815
2,000
14,152
20,000
43,500
12,400
1,450
374,405
1,295,780
Resources

expended
£
(795,546)
(275,142)
(14,325)
(43,658)
(4,971)
(7,815)
(2,000)
(14,152)
(2,000)
(43,500)
(12,400)
(1,450)
(421,413)
(1,216,959)
Movement

in funds
£
125,829
(2,054)
(14,325)
(43,658)
(4,971)
-
-
-
18,000
-
-
-
(47,008)
78,821

Page 29

continued...

UKHARVEST LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023

21. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Unrestricted funds
General fund
Restricted funds
London Borough Hammersmith and
Fulham Council
WRAP
National Lottery
Hampshire County Council
TOTAL FUNDS		 At 1.4.21
£
540,614
5,835
84,842
34,529
-
125,206
665,820		 Net
movement
in funds
£
256,013
3,107
(41,985)
9,129
4,971
(24,778)
231,235		 At
31.3.22
£
796,627
8,942
42,857
43,658
4,971
100,428
897,055

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
London Borough Hammersmith and
Fulham Council
WRAP
National Lottery
Hampshire County Council
Community food hubs, Chichester
district
Education activities programme
Basic cookery skills courses
Community food hubs
TOTAL FUNDS		 Incoming
resources
£
620,290
232,203
54,096
58,386
56,498
10,500
95,127
31,000
59,415
597,225
1,217,515
Resources

expended
£
(364,277)
(229,096)
(96,081)
(49,257)
(51,527)
(10,500)
(95,127)
(31,000)
(59,415)
(622,003)
(986,280)
Movement

in funds
£
256,013
3,107
(41,985)
9,129
4,971
-
-
-
-
(24,778)
231,235

Page 30

continued...

UKHARVEST LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023

21. MOVEMENT IN FUNDS - continued

NourishED - project funding received to purchase cooking and other equipment to assist with the increasing number of educational sessions held by the charity.

Community food hub Whyke, Chichester - grant funding received from Chichester County Council to support the running costs of the Whyke community food hub.

Community food hubs, Chichester district - grant funding received to support the running costs of all community food hubs across the Chichester district.

Community food hub, Selsey - grant funding received from Ferry Farm to support the running costs of the Selsey community food hub.

Frozen goods van - grant funding received from Hyde Charitable Trust to purchase a frozen goods van. The frozen goods van will be used by the charity to collect and distribute frozen food.

Education activities programme - project funding received from West Sussex County Council to run school holiday educational programmes for children.

Community food hubs, West Sussex - grant funding received to support the running costs of the community food hubs in Petworth, Bognor and Littlehampton.

Cooking Education Project - project funding from UK Power Networks and Cadent Gas to create educational resources and deliver educational courses in secondary schools across eastern England to support families during the cost of living crisis.

Ecology Festival - project funding received from LBHF to run a supper event in the NourishHub for families in the local community.

LBHF - funding received for the running of the NourishHub in Hammersmith and Fulham.

WRAP - project funding received to improve the food collection and distribution of the charity. The charity relies on food donations which are collected and distributed to the community food hubs.

National Lottery - project funding received to support the running costs of the warehouse within the charity. The warehouse is used to store food before it is distributed to local community food hubs or the local community.

Basic cookery skill courses - project funding received from Adur & Worthing Council to provide residents with cookery courses focussing on simple and budget friendly meals.

Community food hubs - grant funding received to support the running costs of all community food hubs run by the charity.

Page 31

continued...

UKHARVEST LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023

22. EMPLOYEE BENEFIT OBLIGATIONS

The charitable company operates a defined contribution pension scheme for all salaried employees. The pension charge for the period was £11,130 (31.3.22: £9,920). At the balance sheet date the contributions outstanding were £Nil (31.3.22: £2,154).

23. RELATED PARTY DISCLOSURES

Certain trustee directors were associated with organisations which undertook transactions with the charitable company. All such transactions were undertaken in accordance with the charitable company's normal agreements with suppliers. None of the relevant trustee directors were in a position of material influence within the organisations concerned such that transactions between the charitable company and the organisations require disclosure in the financial statements.

Key management

The total remuneration paid to those considered key management during the year was £246,510 (31.3.22: £268,437). Key management includes the CEO, COO, head of finance, business support manager, programmes manager and Nourish Hub manager who are involved in the day to day decision making of the charity.

24. ULTIMATE CONTROLLING PARTY

The charitable company is not under the control of another entity or any one individual.

Page 32