## **The Old Bank & Camelford Community Larder Annual General Meeting Chair’s Report 11[th] June 2023**
The Old Bank, Camelford is a charity with community at its heart, we run and maintain a building in the main street of Camelford for the benefit of residents from Camelford and the surrounding area.
Holding a prime location within Camelford we benefit from the town car park 150 metres and two disabled bays directly outside our main entrance; we also have accessible washroom facilities and level access throughout the main ground floor areas.
The building is hired out on a regular basis to all sorts of community groups and other businesses. Rates are kept as low as possible to ensure that all groups are able to use the building and that cost is not a barrier to residents accessing the building.
The last twelve months have been an incredibly busy time for the charity. There has been lots of successes but also challenges to overcome. Our main challenge for the future is the poor condition of the building itself. We have upgraded several rooms, but it feels like we are always ‘firefighting’ issues with the building. The Old Bank is an old building which has had minimal work done in terms of updating the building. We are awaiting the outcome of a recent building survey and we will use this as a basis for discussion on the best way forward for the charity.
The charity has seen a change in some trustees this year. Some long-standing trustees have stepped down and we welcome new trustees on board, including myself as chair. The board meets every month to oversee the work of the charity and to ensure that we remain compliant with the charity commission.
We continue to provide a community printing service and we are fortunate to have a volunteer who runs this for us. This brings in income which helps with the running costs of the building.
The charity has seen the work of the community larder increase significantly. The cost of living crisis has seen the demand for our services reach peak levels of helping over 700 people with food in a week. We have been very fortunate to have been awarded numerous grants that have enabled us to purchase food for the larder. We have also been able to provide local residents with hot meals, warm clothes, hot water bottles, air fryers and slow cookers. The community larders success also brings with it concerns about financially sustaining the project. We have started a food club where there is a weekly membership fee. This is helping local residents who are facing food poverty with store cupboard essentials. Recent research provides evidence that currently 1 on 5 people in the UK do not have enough food to survive. The demand for our help increases all the time and we are currently receiving a high number of requests for emergency food bags.
The Old Bank relies on volunteers to provide the work we do, and we are very lucky to have a large number of dedicated volunteers who give their time very generously. Without them, we simply would not be able to survive. We owe each and every one of them a huge amount of gratitude for everything they do.
Balance Sheet 31 March 2023
||**opening balance**|||**closing balance**|
|---|---|---|---|---|
|**Unbanked cash**|96.80|||95.64|
|**Current Account**|34823.22|||27140.45|
|**Savings Account**|4016.46|||7017.53|
||38936.48|||34253.62|
||||||
|**Total receipts**||47186.58|||
||||||
|**Total payments**|||51869.44||
|||||34253.62|
||||||
|**Restricted Funds**
**as t 31/3/2023**|14425.37||||
|**Unbanked cash**|95.64||||
|**Un restricted**
**Funds**|19732.61||||
||34253.62||||
||||||
1
## Receipts & Payments 2022/23
||**Un restricted**
**funds**|**Restricted Funds**|
|---|---|---|
|**Receipts**|||
|Grant Funding||28697.96|
|Funding raising
include Food Club|10074.24||
|Donations|6900.01||
|Room Hire|1435.00||
|refunds|79.37||
||18488.62|28697.96|
|**Total Receipts**|**47186.58**||
||||
||||
|**Payments**|||
|Rent|429.48||
|Business Rates|480.00||
|Utilities|1889.57||
|Grant Spending|1266.91|38042.24|
|Building|3682.44||
|Events|443.11||
|Ofce & Admin|987.07||
|Equipment|1537.92|750.00|
|Licences &
Insurance|561.96||
|Volunteer Exp/
training|777.91||
|Food etc|1020.83||
||13077.20|38792.24|
|**Total Payments**|**51869.44**||
1
(HARITY (OMMISSION ' Independent examiner's report on the
FOR ENGLAND AND WALES |
accounts
Indppond•nt Examlngfs Roport
Report to the trustees
<&ts
On accounts for the year
endèd
Charlty no
(rf any)
31 / 12013
1171931
Sot oui on pages
I report to the trustees on my examination of the accounts of th8 above
charity rthe Trust.) for the year ended 3 1 /03 /2023
Responsibilities and
basis of report
As the charity's trustees, you aT8 responsible lor the preparation ol the
accounts in accordance with Ihe requir8m8nts ol the Charities Aci 2011
("the Actl.
I report in speCt ol my examination of the Trust's acGounts Garried out
under sectson 145 of the 2011 Act and in t2rrying out my examination, I
have followed all the applicable Direthons gwen by the Charity Commission
under se¢tiofj 14515llbl of the Act.
Independent
examlner's statement
lo
I have comple2ed my examination. I confi"m that no material matt8rs hav8
come lo my attention in connection with the examination1otk4LI
disd) whlth gives me 12use 10 believe that in. any matenal
resFect.'
the accx)unting rerdS were not kept in accordance with sectton 130
ol the Chanties Att., or
the accounts did not accord with lh8 accounting rec£srds.' or
the accx)unts did not o)mply with the applicable requirements
concerning the form and o)nlent of a(x£)unis sel out in Ihe Charities
(Accounts and Reports) Regulations 2008 other than any requirement
that the accounts give a 'true and fair. wew vknith is not a matter
nsidered as parl ol an independent examination.
I have no con¢ems and havo come ao$S no other matters in connection
wrth the examinats'on 10 whic+) atténtion should be drawn in this report in
order Ic enable a proFer understanding of the acwunis 10 be r8acherJ.
' Please delete the words in the brackets rf they do not apply.
Date:
lo/izlzoL3
Namo:
IER
Oct 2018
Relevant profèssional
qualif ication(s) or body
(rf any):
(i A6)
Address:
Section B
Dlsclosure
',ly complete '.1 ex¢?thrr..;ncr .-.eeds 10 hiGtr.Iiahi Inaieiidl I'.:dlle.-¥ ul cc)ncc.'.
(see CC32, Independent examinatM)n of charity accounts.. dir8Ctions 8nd
guidance lor examiners).
Give hore briel details ol
any Itoms that the
examlner wlshes to
disclose.
IER
Oct 2018
2n0
733