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2024-03-31-accounts

Wisbech foodb Annual Report 2024 Registered Charity 1172525

The Wisbech Food Bank Registered Charity No.1172525

Annual report of the activity of The Wisbech Food Bank covering the period 1[st] April 2023 until 31[st] March 2024

Legal and Administrative Information

The Wisbech Food Bank was set up in 2013 as a part of Churches Together in Wisbech. In 2017, the trustees sought and achieved CIO status.

The Trustees of The Wisbech Food Bank present their annual report and accounts for the year ended 31[st] March 2024 and confirm they comply with the requirements of the Charities Act 2011, the Wisbech Food Bank constitution and the Trustees Act 2000.

Trustees

The Trustees of The Wisbech Food Bank who served during the period from 1[st] April 2023 to 31[st] March 2024 were :-

Bryan Baker Chantelle Fiddy Eilis Gardner – resigned 31.8.23 Susan Hillyer – resigned 22.5.23 Simon King Monika Mazeikaite – appointed 27.11.23

Catherine Noonan Jeremy Pallant Paul Unwin – resigned 31.8.23 Julie White

Address

The correspondence address for the charity is 358 High Road, Newton in the Isle, Wisbech, PE13 5HS

Wisbech Foodbank Annual Report 2024

The Objects of the Wisbech Food Bank as set out in the Constitution are:

The relief of hardship for people in Wisbech and the surrounding area or in other parts of the United Kingdom in such ways as the Trustees from time to time think fit, in particular, but not exclusively by:

a) providing emergency food, essential toiletries, and household items to individuals and families in need and / or for distribution by charities or other organisations working to prevent or relieve poverty.

b) such other means, including (but not limited to) the provision of support or signposting to relevant information and other advisory services.

Review of Activities and Achievements during the year

Wisbech Foodbank Annual Report 2024

Future Plans

The Trustees will:-

Financial Position

The trustees believe that the charity’s financial position is strong. The accounts show income of £90,759 set against expenditure for the year of £88,313, resulting in a surplus of income over expenditure for the year of £2,446 and total funds held of £87,290.

The main sources of income are donations from supporters, either on a regular basis through standing orders, or in one-off donations, online giving via Give.net, grants from local charities, and donations from Tesco plc and Asda Stores Ltd based on the quantity of food collected at their stores through a scheme run by the Trussell Trust.

The main areas of expenditure are food, meat vouchers, salaries, rent, insurance, and administration costs.

The charity continues to benefit greatly from free use of storage facilities both at Fenland Haulage & Storage and the Remo Eco Superstore, also from the use of facilities at Wisbech Baptist Church at minimal cost.

The charity holds sufficient reserves to provide alternative facilities for warehousing and distribution whilst they seek alternative sources of funding, should the need arise.

Wisbech Foodbank Annual Report 2024

The Trustees would like to record their thanks to the following:-

Our team of hardworking volunteers The Trussell Trust Margaret Gibbs and Derek Carter Wisbech Baptist Church Nikki & Marcus from Remo Eco Superstore Fenland Haulage & Storage Cadburys Earth Breeze JS Holmes Robin Hine Ivan Cooper Dave Gibbs Monika Mazeikaite Julie Bush Adriana Vysniauskaite Aija Zemdega Citizens Advice Rural Cambs The Trustees of the Elizabeth Wrights Charity The Paragon Charitable Foundation Rotary Club of Wisbech Cubico Sustainable Investments The Lodge of United Good Fellowship 809 The Masonic Charitable Foundation The Charity Girls Kevin Smith from the Horsefair Shopping Centre Our network of donors, collectors and our network of referral agencies Asda, Heron Foods, Morrisons, Tesco, and Wisbech Library.

Wisbech Foodbank Annual Report 2024

Reporttothetrustees TheWisbechFoodbank
Onaccountsforthe year
ended
31March2A24 Charityno
Setoutonpages 1and2
uffi
CHARITY COMMISSIO
FOR TNGLANDANDWALTS
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CHARITY COMMISSIO
FOR TNGLANDANDWALTS
The Wisbech Foodbank Wisbech Foodbank Wisbech Foodbank
R ecer nts
anopa me
accounts
d
Fortheperiod
from
01t04t2023 To 31t0312024
Unrestricted
funds
Restricted
funds
Endowment
funds
Totalfunds Last year
to thenearestt to the nearestf to the nearest€ to the nearestf to the nearestg
A1Recei
Donations 22,488 22.488 30.163
Gift Aid 1.086 1,086 1,530
Grants 6.500 54.463 60,963 68,695
Trussell Trusl 4,277 4.277 3.679
Bank lnterest 1,935 1,935 1.135
Sundry lncome 10 10 1,388
stncomelor
AR) 36,296 54,463 90,759 106.590
A3
Salaries&Waoes 7,091 10,380 17.471 11.520
-ees 280 2AO 290
qdmin Expoenses 1.116 1,116 't.305
:quipmentPurchases 71 97 168 345
lnsurance 331 331 327
Premises Cosis 1,040 't.040 1.O40-
Food Purchases 14,196 14,196 18,609
Carrier Bags 594 594 867
Other Costs 6,987 1,295 8,282 7,804
:inanciallnclusion Proiect 44.835 44,835 22,4',t8
Subtotal 31,706 56,607 88,313 64,525
AsTransfersbetweenfunds I -lI -lI ll -ll -l
Cashfunds thisyearendl 4,5e01l ' 2,144,1
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2,4461
1 42,0651