SQUARE FOOD FOUNDATION REPORT AND FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2024 Charity Number 1173323
SQUARE FOOD FOUNDATION FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2024 CONTENTS PAGE Reference and administrative details of the charity and its advisors Trustees, annual report 2to27 Independent Examiners report 28 Statement of financial activities 29 Balance sheet 30 Notes to the financial statements 31
SQUARE FOOD FOUNDATION REFERENCE AND ADMINISTRATIVE DETAILS YEAR ENDED 31 AUGUST 2024 Charity Name Square Food Foundation Charity number 1173323 Registered office and operational address The Park, Daventry Road, Knowle, Bristol, B54 IDQ Trustees Trustees who served during the year and up to the date of this report were as follows: Dr Jacqueline Aldridge Rebecca Cole Daniel Farmer Sian Pamela Flynn Claire Ladkin lan Thomas Dionne Seagrove Dr Helen Miller Dr Joshua Mudie Luke Sapsed Catherine Steele Stephen Wray resigned 1311212023 Co-chair appointed 07111/2024 appointed 2611112024 appointed 27/0112025 Co-chair appointed 24110712024 resigned 1910112024 resigned 0610512024 resigned 28/0112025 Bankers Triodos Bank Deanery Road Bristol BSI 5A5 Independent Examiners Jacob Trowbridge MAAT Bristol Community Accountants CIC The Park, D3ventry Road, Bristol, BS4 IDQ Pro bono Solicitors Ves5elina Debreva (Associate) Shannon Pepper (Trainee Solicitor) Gibson Dvnn 2-4 Temple Avenue, London, ECAY OHB
SQUARE FOOD FOUNDATION TRUSTEES, ANNUAL REPORT YEAR ENDED 31 AUGUST 2024 Square Food Foundation The trustees present the report and accounts forthe year ended 31 August 2024. Reference and administrative information Set out on page I forms part of this report. The financial statements comply with the Charities Att 2011 as amended by the Charities Act 2022, the Memorandum and Articles of Association, 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 IFRS 1021 (effective January 20191, and the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. STRUCTURE, GOVERNANCE AND MANAGEMENT The charity is constituted as a Charitable Incorporated Organisation ICIOI, governed according to the rule5 of its CIO Foundation Constitution. registered on 7 June 2017. Method of recruiting and appointing new charity trustees There must be at least three charity trustees. If the number falls below this minimum, the remaining trustee or trustees may act only to call a meeting of the charity trustees or appoint a new charity trustee. The maximum number of charity trustees is 12. The charity trustees may not appoint any charity trustee if as a result the number of charity trustees would exceed the maximum. Apart from the first charity trustees, every trustee must be appointed for a term of three years by 3 resolution passed at a properly convened meeting of the charity trustees. In selecting individuals for ap_pointment as charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO. Organisational structure The charity is run by a board of trustees who delegate the day-to-day operations of the charity to the Managing Director.
SQUARE FOOD FOUNDATION TRUSTEES, ANNUAL REPORT YEAR ENDED 31 AUGUST 2024 Introduction Square Food Foundation believes everyone should have access to, and the skills to prepare healthy, affordable food that's good for people and the planet. As we reflect on the period I September 2023 to 31 August 2024, we are saddened by the increasing food insecurity in Bristol and beyond. At the time of writing l in 1217.9%) households have experienced moderate to severe food insecurity. One of the wards that Square Food Foundation serves is Filwood, where 70A of household5 report living with severe food insecurity compared to 3.2Yo in the wider Bristol area . Primarily this has been driven by the fuel and cost of living crisis a5 well as the negative legacy of the Covid 19 Pandemic. A5 we respond to the increasing needs of our students and beneficiarie5, It's evident that the work of Square Food Foundation has never been more needed. Our strategic objectives Isee below) as set out in our Business Plan 2022-2025, remain as relevant today as they did in 2022 and continue to be our framework for delivering life changing food education programmes. OBJECTIVES AND AcfiviTIES Square Food Foundation Strategic Objectives for 2022-2025: Develop a meaningful programme of work for Pri mary Schools that will provide children, staff, and families with the confidence, knowledEe, and resources to embed food education into the school day Build up a portfolio of fully evaluated. off-the-shelf community food education programmes, that are sultable for a wide range of hard-to-reach groups We will develop a portfolio of professional training prograrnmes (that incorporate cooking and teaching) that we'll deliver to cooks and teachers acr055 the city • T3ke part in local and national conversations around food education and its place in the wider food system We will partner with other organisations to scale up and extend food education beyond SFF'S own capacity. We will engage in a continuous proce55 of improvement to meet the needs of our stakeholders. We will grow our sUPPOrter base to raise awareness and core funds and continue fundraising for project costs through trusts and foundations. Our strategic Objectives are underpinned by our Theory of Change which you can read about on the next page. Bri5tDI City Council JSNA Health and Wellbeing Prof ile 2024125
SQUARE FOOD FOUNDATION TRUSTEES, ANNUAL REPORT YEAR ENDED 31 AUGUST 2024 At the time of writing this report we are busy preparing our Strategic Objectives for 2025-2028. Using current objectives and our Theory of Change (which itself 15 also due to go under then lens of review and scrutiny in conjunttion with the Busines5 Plan) as our guiding principles, we are scrutinising each objective to ensure they are: Fit for purpose against today's landscape; Embedding the skills and knowledge we have gained over the last 3 years to improve the services we deliver; Reflecting what our student5 and beneficiarie5 have told us they want and need,. Delivering meaningFul and long-lasting impact to our students and benef iciaries; Measurable and sharable: Improving our evaluation methodologies to enabling us to share our impact more widely and in turn support other food education organisation5 in Bristol; and Aligned to other Bristol based food strategies i.e. Feeding Bristol's Food Equality Strategy and Bristol Good Food 2030. As you continue to read on, you'll have the opportunity to discover the impact we've made during this period. We are immensely grateful to all our funder5 and supporters who have made our work possible. Charitable objects The advancement of education and training in subjects relating to healthy eating, diet and nutrition in Bristol and the surrounding areas by the provision of training activities to develop people's skills, knowledge and capabilities In cookery-and rtutriti(m.- Our Theory of Change • A lack of food knowledge and cooking skills result in poor nutritional choices, Simited diet and poor health outcomes People have too few ways to connect meaningfully, resulting in social exclusion and linking with poor mental health outcomes • Too high a proportion of families live in, or are at risk of, food poverty Our intended impact is stated as: • A reduction in physical health inequality,. Choosing to have a healthier community,. A reduction in social isolation and exclusion; • A reduction in the number of people living in, or at risk of, food poverty; and A reduction in the number of young people who are unemployed and dependent on governmental support.
SQUARE FOOD FOUNDATION TRUSTEES, ANNUAL REPORT YEAR ENDED 31 AUGUST 2024 The step5 needed to bring about change: Freelaffordable cookery classes which provide cooking ski115 which support being able to cook and eat nutritious meals and exposes people seasonality, provenance, different food cultures and new foods and t35tes- A safe welcoming space, removing anxiety about learning, providing life skills. personal development, employability ski115 and opportunities for supportive conversations,. Working with local primary Schools and teachers to 5UPPOrt them to embed a positive food culture that becomes part of the everyday life of the school,. and Working with relevant projects to bring about national change. Aims and intended Impact Square Food Foundation ISFFI aims to reduce food insecurity and inequality and improve health for Bristol and beyond by teaching people to cook good food from scratch. The trustees have considered the Charity Commission's guidance on public benefit when reviewing its aims and objectives, and when planning its future activities. In line with guidance from the Charity Comm ission, the trustees are satisfied that SFF continues to achieve its charitable aims by teaching people to cook good food to improve their health and reduce poverty and inequality. Its public benefit is described in the pages that follow below. Our work Square Food Foundation is a charity working to reduce hunger. improve health and bring people together through food and cooking. We are based in Knowle West, South Bristol, an area of multiple deprivation. and work with some of the community's most marginalised groups who have an increased risk of living with food in5ecuritv. Primarily we work with young people not in education. employment of training, older adults at risk of becoming i501ated, adults and children with additional needs. primary School children land their families) on Free School Meals. By equipping people with the life skills, knowledge, confidence to cook, to know where their food comes from, and to believe in their rights to advocate for a more equitable food system, we can improve healthy eating, diet-related ill health and mental wellbeing. We are aware that access to support services and education remains a huge barrier for lots of people. Having access looks different to everyone, therefore at Square Food Foundation we work hard to create and inclusive and accessible teaching environment. All our classes are free or heavily subsidised and we pride ourselves in creating a friendly and welcome welcoming Space which starts from the first point of contact with a member of the team."Since the middle of 2024 we have been adapting our Cookery School to increase wheelchair accessibility a5 well as make improvement for neurodivergent people. We'd like to thank the Bristol City Council's Community Resilience Grant which has allowed us to make these improvements. Continuing to be a vital part of the Square Food Foundation offering our catering business is growing from stren h to Stren th. In addition to creating deliciou5 beautiful and ori al fO0w.1t ingredients from local and sustainable farmers, growers and producers, we have been able to provide real life work-based training for our students who attend our employability programme, How To Be A Chef.
SQUARE FOOD FOUNDATION TRUSTEES, ANNUAL REPORT YEAR ENDED 31 AUGUST 2024 The experience the students receive working in our catering prep kitchen and onsite during events elevate5 their learning far beyond the classroom and support the students to grow in confidence and self-esteem, both vital when entering the workplace. Having the ability to offer catering as part of the Square Food Foundation package, enables us to meet the needs of our socially responsible client5 and, we hope, in turn grow our supporter base to have a positive impact on our fundraising strategy. All profits directly related to catering events go to fund Square Food Foundation's food education work in the community. We would like to thank the following funders who have made it possible for Square Food Foundation to continue to work towards reducing food insecurity and improve health inequalities for Bristol and beyond The Linbury Trust for funding our How To Be A Chef programme and provided core funding for organisational resilience The Marchants Trust for funding our How To Be A Chef programme The 29 May 1962 Charity for funding our How To Be A Chef programme St Monica's Trust for funding our Back in the Kitchen Programme The Grateful Society forfunding our Back in the Kitchen programme The Wesleyan Foundation for funding our Cooking Connections programme The Big Give for funding our Recipe Kits FeedinE Bristol/The Household Support Fund for funding our recipe kits and our Welcome Spaces monthly sessions - St Stephen and St Jame5 Trust for funding our recipe kits The National Lottery for funding our recipe kit5 Knowle West Alliance for fLJnding our recipe kits The Hargreaves Foundation for funding our programme with Cabot Learning Federation OVO Foundation for funding our work with Primary Schools Bristol City Council for funding equipment to improve accessibility Bristol City Council for funding holiday classes for children who are in receipt of Free School Meals Health Foundation IHFI in partnership with the Local Government A550ciation for funding the Shaping Places for Healthier Lives project
SQUARE FOOD FOUNDATION TRUSTEES, ANNUAL REPORT YEAR ENDED 31 AUGUST 2024 ACHIEVEMENTS AND PERFORMANCE Our programmes: I September 2023 - 31 August 2024 Course name: Back in the Kitchen Beneficiaries: Adults over 55+ who are at risk of loneliness and isolation Aims and objectives: To combat loneliness and isolation and the associated physital and mental health implications through a weekly friendly and sociable cooking class. Once a month, participonts batch cook meals for those who are isolated and there is also a monthly lunch club for those who would li ke to come for a meal and not cook (though often thi5 act5 as a gateway to joining the cooking class). Length: All year Number of students- 10-12 participants each week What our students sav.. 'It's the most important part ofthe week for me." "Since joining the c13S5, I've lost weight and feel more healthy. What our teachers say: We have a great group of 10 regulars who have welcomed in new members. We started batch cooking meals for the community which has brought the group closer and given them a sense of responsibility and a positive feeling about supporting oTht ers. Supported by: St Monica's & The Grateful Society
SQUARE FOOD FOUNDATION TRUSTEES, ANNUAL REPORT YEAR ENDED 31 AUGUST 2024 Course name: Cooking Connections Beneficiaries: Adults with learning disabilitie5 and / or mental health challenges who face barriers to cooking independently Aims and objectives: To improve personal and social skills, and to explore progre55ion pathways such as volunteering and work Length.. 2 x courses per year Number of students: Between 7 and 9 participants per course Impact: IOOO/o of students have shared a recipe they learnt at Square Food Foundation 100% of students feel more confident committing to a programme IOO¥o of students feel more confident in their ability to learn What our students say: Yhoroughly enjoyed the course und planning to volunteer to help others Ifeel more confident, all the staff was really helpful explaining things. really good set of people I w05 working with, kitchen was a nice It7yout, more than enough equipment, very clean, it was good. It was really goodfor where I'm at in my life right now" What our teachers say: A small group of 5tudent5 who have used the course to expand their food and cooking knowledge. Attendance on both courses was really good, and students came with enthusiasm to learn the skills and gain confidence to help them make change5 to their diet5 resulting In them all now cooking more and even cooking.for friend51_family_members. Supported by: Quartet- Wesleyan programme Course name: Healthy Me! Beneficiaries: Learning disabled adults and their support staff Aims and objectives: An opportunity to cook side by side, learn healthy, delicious recipes, and explore the connection between our health and the food we eat Length.. 3 x courses per year Number of students: Between 10- 12 people (care home residents and their 5UPPOrt workers) Impact.. 100% of students feel more confident using a sharp knife 100% of students feel more confident meeting new people and in themselves IOOYO of students feel more confident committing to a programme What our students say: '1 loved all of the cooking. I have learnt more skills to cook heolthyfoods. 1 will be interested in more cooking courses." "I have really enjoyed meeting new people and getting to know the staff and oll thefood I have tried." What our teachers say: A brilliant programme that had a real impact on both support worker and person in care. It really solidified the importance of working together. Supported by: NHS Bristol, North Somerset and South GIoucEStershire Integrated Care Board IBNSSG ICBI
SQUARE FOOD FOUNDATION TRUSTEES, ANNUAL REPORT YEAR ENDED 31 AUGUST 2024 Course name: Cabot Learning Federation ICLF) Beneficiaries., Young people aEed 16-18 who are i n alternative education Aims and objectives: A practical and useful course focusing on basic life skills, teamwork, communication and attendance for young people who are not in mainstream education. Empowering young people with skills, self-esteem, and independence can break the cycle of poverty and poor health Length: 3 x courses per year Number of students: 6 young people per course Impact.. 100% of student5 say their mood has improved IOO¥o of students have cooked for friends and family IOO°A of students have shared a Square Food Foundation recipe What our students say: "I have re-made pretty much everything we've leorned at home and really enjoyed procticing them. What our teachers say.. Students are consistent and arrive on time and are keen to get started. They are engaged and enjoy trying new foods, lea rning and practicing new skills.
SQUARE FOOD FOUNDATION TRUSTEES. ANNUAL REPORT YEAR ENDED 31 AUGUST 2024 Course name: How To Be A Chef Beneflciaries: Young people aged 16-25 who are not in education, employment or training INEETI Aims and objectives: Our flagship young chefs training programme, currently in its sixth successful year. Designed to address a discernible and evidence-based. unmet need, this initiative establishes inclusive career _.athw3LrOV1dlng accessible training and health.liVing_opOrtunltIe$ for disadvantaged young people aged 16-25 Not in Education, Employment, or Training INEETI. Length.. 2 x 12-week courses per year Number of students: 7 students (Sept- Dec 231, 9 students IFeb- April 241 Impact.. 100% of students feel more about attending new groups and meeting new people 100% of students feel more confident in their ability to learn and themselves IOOYO of students say that as a result of the course, they feel more motivated to seek employment in the food industry/hospitality. IOOOA of students 53y that as a result of the course, they have improved employment opportunities IOOQA of students Say they have learnt transferable 5ki115 What our students sav.. I have a job - SFF ha5 helped me tofind employment opportunities which i5fontastic." "It was such a lovely experience, ond the progromme gave me more thon what I had imagined I would get out of attending it. Not only it helped me learn cooking skills, I get o lot of knowledge uboutfood ond the food industry. l also get to know people and goined informotion on my career development. l om very thankful to Charlotte and Stu who ore our teachers. They not only gove me confidence but olso knowledge to build up my career and life. io-
SQUARE FOOD FOUNDATION TRUSTEES, ANNUAL REPORT YEAR ENDED 31 AUGUST 2024 What our teachers say.. We had quite a few students drop out in the sept 23 programme-the group that stayed on however really worked well together and developed sorne excellent skills and opportunities for work. The Feb 24 cohort was well attended and the group bonded quickly. Some real interest in work opportunities and 90Yo of students went on to get work including one gaining employment in SFF catering. supported by: The Linbury Trust, Jolly Hog and Bristol 247 Course name: Food Leaders Beneficiaries: Training individuals who are currently working with groupslpeople who may be experiencing food insecurity. Aims and objectives: A collaborative project between some of Bristol's leading food educators and chefs to de1Ver quality Food Education and cookery lessons in the community Length.. 5 weeks Number of students: 6 Impact: The principles of how to set-up a cookery class and what makes an engaging session, knife skills and essential health and safety How to work in different Settings, often without a kitchen and including outdoor5 Inclusive se5sion5'. how to work with people of different ages and abilities Celebrating food stories and cultures and considering culturally appropriate food Cooking for large numbers- scaling up, organising time and making sure batch cookih7ahd community meals are safe. What our teachers say.. Building confidence and skills to help those who support children who receive free school meals in the school holidays has enabled us to increase our reach across the city. The participants have been Supported by: Bristol City Council Holiday Actlvlty Fund li-
SQUARE FOOD FOUNDATION TRUSTEES, ANNUAL REPORT YEAR ENDED 31 AUGUST 2024 Course name: Food Leaders E-Learning Course Beneficiaries: Training individuals across the country who are currently working with groups/people who may be experiencing food insecurity. Aims and objective5: A collaborative project between some of Bristol's leading food educators and chefs to deliver quality Food Education and cookery les50n5 in the community. This course if primarily anyone who can't attend a course in person 50 instead complete it by watchi ng videos and answering questions. Length: Ongoing Number of students: 71 Impact: The principles of how to set-up a cookery class and what makes an engaging session, knife Skills and essential health and safetv How to work in different settings, often without a kitchen and including outdoors Inclusive session5'. how to work with people of different ages and abi lities Celebrating food stories and cultures and considering culturally appropriate food Cooking for large numbers; scaling up, organising time and making Sure batch cooking and community mea15 are safe. What the students sav: "Thank you I l am very grateful to be given this opportunity. 12-
SQUARE FOOD FOUNDATION TRUSTEES, ANNUAL REPORT YEAR ENDED 31 AUGUST 2024 Course name: Schools Beneficiaries: Primary + Secondary School children Alms and objectives.. A comprehensive programme of food and cookery activities designed to bring cooking into the classroom and promote good food as a way of life for the entire school community. By engaging with children and their families who face multiple disadvantages, the project aims to teach basic principles of healthy and 5UStainable eating, the benefits of cooking from scratch, and inspire a lifelong love of food and cooking that is beneficièl for the planet. Impacts: 620 children have participated in free hand5-on cookery classe5, learning to cook nutritlOU5 meals, trying new foods, and understanding sustainable food choices. 13 teachers have been 5UPPOrted to foster a positive food culture in schools, emphasizing healthv eating and planet-friendly food choices. The program has not only improved cooking skills but also boosted self-esteem and a sense of community, aiming to instil a lifelong interest in benef icial food choices. Relationships with local schools have been strengthened, ensuring continuation of this work. Length.. Varied Number of schools.. 4 schools (Christ the King, Oasis Connaught, Daventry Road, Knowle Parkl What the schools say.. From a school.. "The children thoroughly enjoyed themselves and it was lovely to see them taking part in something that they don't alway5 have the opportunity to do. The session ran perfectly and we felt it was delivered in a way that the children cou Id really understand what they needed to do. Thank you for the work that you do, the children would not norm311y be able to take part in cooking lessons so you are providing valuable life lessons that will stay with them beyond their school life. We have particularly enjoyed Seeing the children learn about healthy eating habits as this is so important. We were a150 pleased to see that the recipes were mostly all vegetarian and the children were learning about eating food that is good for the planet and climate change. From students. I loved cooking and my favourite one we done was the flat bread and it inspired me to cook more. '1 look forward to cooking every Friday, I love it. The team is so kind and nice. What our teacher5 5ay- Working in the Hub we taught over 800 children in that period. The classes were really successful, and we had wonderful anecdotal feedback from both teachers and student5. t4idhavfratrFmpact dTE50U er I work with schools again. Supported by: OVO Foundation 13-
SQUARE FOOD FOUNDATION TRUSTEES, ANNUAL REPORT YEAR ENDED 31 AUGUST 2024 Project name: Recipe Kits Beneflciaries: Knowle West families who are experiencing food insecurity- delivered via Food Clubs and local schools (to families on Free School Mea151 Aims and objectlves: To reduce hunger. We provide families with an additional meal every week. The kits contain enough food for a family of 4. This removes the financial and mental stress of one meal per week for 150 families. T.othuild_re5ilienc_e_. In response to the fuel crisis and cost of living crisis, our kits are low-cost recipes that can be recreated. We include hints and tips for families to cook a5 efficiently as possible inclu(fing energy saving tips, advice on batch cooking and using up leftovers. To improve diet and health. We want to instil the principles of healthy eating, providing simple food preparation ski115 and supporting learners to make the connection between what they eat and their physical and mental health. To bring people together. Our kits provide an opportunity for families to cook together, without any barriers of cost or fear of waste that might normally get in the way. We also encourage cooking for friends, family and neighbours to bring the community together. To build confidence. By providing simple food preparation skills we support people to feel confident in the kitchen and instil a lifelong love of food Impact- number of kits: We send c.150 kits every week for 49 weeks of the year. This equated to 7,444 recipe kits for 2023-2024 lor 29,776 mealsll What our beneficiaries say- "We would...like to say a very big thank you for all your hard work and what you do for the community. It makes such a difference for our vulnerable families and knowing there are organisation5 like yours that have their back in these hard times., (Primary School) -14-
SQUARE FOOD FOUNDATION TRUSTEES, ANNUAL REPORT YEAR ENDED 31 AUGUST 2024 What our teacher5 sav.. The kits enable us to reach so many more people than we can accommodate in the kitchen. We were delighted and touched to be invited to Knowle Park Primary school's Iwho receive recipe kits) final assembly where we were presented with some beautiful thank you cards the children had made and a cheque for £181.45p which the children had raised through a plant sale. They decided to give the money to square Food Foundation as a thank you for the recipe kits Supported by: Feeding Bristol, Quartet, The Albert Hunt Trust, A5DA Foundation and to all who supported through The Big Give Christmas Challenge Campaign including, The Nisbet Trust, Btjrges Salmon, Mark Calvery, Downfield Investments, Alastair Sawday, lain 8oyd, Agilechili, The Madison Foundation and Dormywood Trust. 15-
SQUARE FOOD FOUNDATION TRUSTEES, ANNUAL REPORT YEAR ENDED 31 AUGUST 2024 Course name: Your Holiday Hub: Cooking classes for children Beneficiaries: Children aged 6-11 who receive benefits-related Free School Meals Aims and Objectives.. Fun, practical, educational session5 held in the school holidays to provide an activity.-and a meal for children who receive Free School Mea15 In term-time. We also taught 4 classe5 at Redcatch Community Garden Length and number of students.. Christmas: 2 x sessions, 12 children per session Easter holiday: 4 x sessions, 10 children per session Summer holidays.. 16 x sessions, average of 10 children per session What our students say.. "Thonk you for u5king [young personj to learn some cooking skills. She had o lovely morning. This 15 lyoung person'5Jfavourite holiday group to come to." What our teachers say: The sessions are a safe space for children to experiment with flavours and try new things. We've noticed giving them ownership and choice over certain element5 of recipes e.g. toppings to put on their homemade pizzas Supported by: Bristol City Council 16-
SQUARE FOOD FOUNDATION TRUSTEES, ANNUAL REPORT YEAR ENDED 31 AUGUST 2024 Project name: Welcome Spaces Beneficiaries: Open sessions for the community of Knowle West Aims and objectives: Welcome Spaces started a5 3 response to the cost-of-living crisis to provide a free, warm, welcoming space for those experiencing disadvantage. Our Welcome Spaces sessions consist of a group cooking lesson before everyone sits to eat a hot, healthy meal together. Length.. 4 sessions Number of Students: 15 - 20 per session What our students say: "It's on opportunity to be together os ofomily and spend real quality time with one another." "At home we all do our own things or there'5 alway5 something to get on with but here we can just be together". What our teachers say.. Welcome Spaces encapsulates everythingwe are about. People from all ages and backgrounds coming together and cooking a meal for each other. Supported by: Feeding Bristol Household Support Fund. Project name: Slow Cooker Club Beneficiaries: Vulnerable, low-income families in South Bristol Aims and objertives: To empower families to create nutritious meals and build cooking confidence through the use of a slow cooker. We delivered the ingredients each week and the teacher offered guidance via a WhatsApp group where participants also shared their re5uItS Wlth each other. Impact: IOOYO of participants said that having a slow cooker enabled them to try new recipes and ingredients,. IOO°A of participants said that having a slower cooker meant they ate more vegetable5: 100% of participants Said that using a slow cooker to cook a meal saved them time. Length.. 6 weeks Number of students.. 10 Feedback.. "It reolly helped with my youngest son as he doesn't eat o lot of things because he doesn't like thing5 to wet so having learnt new way5 to cook he now eat Iotids heolthier and enjoys things more to" "It was greatfor the school week where it con be hard to make a healthy meal quicklyfor the children when they ore hungry after School ondfelt like someone else had made me tea 50 wos a pleasure to eut my5eir 17-
SQUARE FOOD FOUNDATION TRUSTEES, ANNUAL REPORT YEAR ENDED 31 AUGUST 2024 "Involved our child in cooking more, enjoyed trying o new way of cooking. Also enjoyed discussing howfood cooked in the slow cooker tasted different and because it was new it encouroged our 5- yeur-old to try more veg. Enjoyed being able to prep dinner in the morning before o day out on the weekend.- What our teachers say,. As I delivered the meals kits to the residents at their home5 It wa5 a great opportunity to talk face to face. Some participants shared with me that they had never cooked a meal with fresh ingredients. Some had only ever purchased food from the frozen section of supermarkets and didn't know that the ingredients we were using were accessible in all major supermarkets, Supported by: Bristol City Council Project name: Community Resilience Project Project Title: Creating accessible and sustainable Food Education to create stronger, more connected com munities Beneficiaries: All learner and user of the Square Food Foundation Cookery School. The project will enhance the facilities and resources available to all groups visiting SFF including young people NEET, older adults at risk of becoming isolated, children and families, people at risk of homelessness and the wider community at the centre Alm>and Objectives: ImproV&aGcessibility-for.wheelchaiDusers.througad1UStaknlaknIekh0bs2n ovens. By improving accessible cooking facilities for wheelchair users, SFF classes will be more inclusive to the wheelchair community and improve the experience of classes. Length.. Supported by: Bristol City Council 18-
SQUARE FOOD FOUNDATION TRUSTEES, ANNUAL REPORT YEAR ENDED 31 AUGUST 2024 Other Projects Communi Cla55es and Events Over autumn and winter, we delivered four BADDS Ioct, Nov, Jan, Febl classes. These sessions are for young people and children who have Down's syndrome to cook together and for parent5 to work together and build a support network. We delivered two sessions for Active Recovery IFeb, May). a group of adults who suffered trauma in childhood. The staff have worked hard with the group facilitators to ensure the kitchen is a safe and welcoming space for the group who are very sensitive to new situations and new places and subsequently, these classes have become important to the group a nd the group facilitators. In July, we were delighted to be involved in The Park Centre Fun Day where we made and cooked over 80 pizz3S Wlth the local community. Professional Develo ment Trainin The team has been commissioned to deliver various training programmes during the year. In September and Ottober. we delivered cookery training to Home Start volunteers who provide extra support to families. Our teachers delivered four session5 over two Food Leaders courses at Coexist Community Kitchen, focusing on how to set up and deliver a cookery class and batch cooking. In March we worked with cooks from Milestones residential homes on how to cook food Suitable for residents with dysphagia Idifficulties with swallowing). Private Classes + Team Buildin In October we were delighted to deliver 3 teambuilding for the staff at BelErave School. The team batch cooked meals to take away and also prepared a meal for the team to eat together after the th session. In December. we were asked to do a 'Masterclass' to celebrate the 18 Birthday of someone who attended our Adults and Children's Classes when he was younger. We forged a new relationship with Lockton Insurance who arranged to come in and batch cook mea15 for the local community and build recipe kits, and we delivered a Christmas Gifts cooking class for Clifton Golf Club who made us their charity of the year. In addition, we welcomed back Airbus and Ovo for team building sessions. Paid for Children's Classes We delivered two of our very popular Adults and Kids Christmas Gift5 Cla5se5 in December. In June. children from Redmaids School joined us for Middle-Easter inspired cookery. resentation at Events There were many food-related event5 during the year, and the team ensured SFF was represented at as many as possible. In September, we hosted an event which was part of Planet Local Summit, a conference exploring locali53tion as a strategy for food system chance on a local level. where Zac Goldsmith was in attendance. In June, members of the team each represented SFF at variou5 events forming part of Feeding Bristol's Food Justice Fortnight. Events included a networking event, a panel discussion on Food as a Language, and a lunch and learn with a local GP focusing on social- prescribing food. Something noticed by the team was a lack of representation of people with lived experience. In response to this, when SFF was invited to take part in a panel discussion at Feast On food festival, Becky Lane who 15 a volunteer and local resident with lived experience of food poverty e organisa ion s services, represen us. 19-
SQUARE FOOD FOUNDATION TRUSTEES, ANNUAL REPORT YEAR ENDED 31 AUGUST 2024 Volunteer Work Ex erience We provided four school students with work experience where they helped out with classes, built recipe kits and helped make staff lunch. In addition, we welcomed two students from the University of Gastronomic Sciences to the kitchen for them to help with and experience different classes and to learn more about different organisations supporting people experience food poverty in Bristol. In March, we celebrated our amazing regular volunteers by inviting thern to an evening of cooking with us. Our Team Our team of paid staff continues to exceed all expectations in terms of their commitment, capacity and ideas. This year we had 15 paid staff all working on part-time contracts. Barny Haughton- Founding Director Eloise Morton- Managing Director (Maternity Leave) Sophie Jerrold - Managing Director (Maternity Leave Coverl Charlotte Fife- Head of Community Cookery Dan Ford- Kitchen Manager and Cookery Teacher Alice Morrison- Head of Fundraising and Communications N ic White- Operations and Volunteer Coordinator Jenny Smith- Cookery Teacher and Project Support Lucy Kane- Events and Marketing Manager Abby Skuse-Denley- Community Cookery Teacher Lucy Dodd- Community Cookery Teacher and Project Zinnia Murdoch- Cookery School and Kitchen Assistant Charlie Veitch- Cookery School and Kitchen Assistant Stuart Seth- Head of Event Catering Sabrina Shirazi- Events Manager upport Our staff have consistently gone above and beyond to deliver a diverse range of activitie5, both in and out of the kitchen. Their enthusiasm and dedication to growth have been evident as they embraced training opportunities and upskilled in several key areas. This includes expanding their knowledge of mental health, deepening our understanding of what it means to be an anti-racist organisation, and pursuing various other professional development initiatives. Their commitment to continuous improvement strengthens our ability to serve the community effectively. Training This wa5 the first year that additional professional development focused training was formallv undertaken at a whole organisational level. In April 2024, key staff attended an external Inclusivity Inc. training day at Burges Salmon, focusing on making services more inclusive for Disabled individua15 alld ensuring accessible policies and processes. In May, staff participated in a Food & Mood workshop led by Megan Mehnert, followed by an EDI training session, Race Ahead, in June. This course offered a non-judgmental look at systemic racism in the UK, its historical roots, and its effects on mental health. In July, staff also completed Mental Health First Aid IMHFAI training, with another Food & Mood workshop planned for November. Furthermore, all staff were encouraged to engage with an external mentor and/or trustee mentor to SUPPOrt individual CPD progression. 20-
SQUARE FOOD FOUNDATION TRUSTEES, ANNUAL REPORT YEAR ENDED 31 AUGUST 2024 Articles-. Inclusive Work laces b So hie Jerrold Anti-Racism b So hie Jerrold Our volunteers Our commLJnity of volunteers have supported u5 by doing 674 'shift5' this year. Roles range from helping us prepare recipe kits, preparing for events, teambuilding events and masterclasses. and admin support. We also welcomed regular corporate volunteering teams from Jolly Hogg and began to look at our growing pool of potential 5UPPOrters via new corporate supporters. Some volunteers enjoy helping out with a regular cla55 or shift while others prefer one-off opportunities (such as prepping for events). Either way, their enthusiasm, positivity and shared pa55ion for SFF'S cause has resulted in them spreading the word about SFF and connecting u5 Wlth new volunteers and contacts. Looking to the future, we plan to offer a volunteering role to those who live locally and are looking to return to work after an absence. Awareness Square Food Foundation's work continues to attract attention within Bristol and beyond. We have been working in partnership with Feeding Bristol supporting them with the development of their Food Equality Strategy. Specif ically, we have been sharing our knowledge and expertise what a Food Education Action Plan could look like for Bristol. We continued to work with our friends and partners at Bristol 24/7 to promote our work and the case for.food education. Our website. newsletters and social media platforms are a vital part of our communication to the general public and supporters for us to raise greater awareness of the work we do. We continue to raise awareness of our work at every catering event, etther through after dinner talks or information provided on menus. The Cookery School and Kitchen, CIC The Cookery School and Kitchen, CIC continued to trade in its new location in Filwood Community Centre. The Cookery School and Kitchen, CIC provides event catering SeiCe5 for private and commercial clients in Bristol with all qualifying profits being donated to Square Food Foundation on an annual basis at the year end. During the year, the trustees authorised The Cookery School and Kitchen, CIC to be able to trade under the name Square Food Foundation Event Catering, to enable strategic alignment of our brand5. As well as providing income through a qualifying charitable donation, The Cookery School and o Increase I s reac onewau iences. This will support our ambition to grow our corporate partnerships and monthly individual donations. 21-
SQUARE FOOD FOUNDATION TRUSTEES, ANNUAL REPORT YEAR ENDED 31 AUGUST 2024 In addition, The Cookery School and Kitchen, CIC will sUPPOrt Square Food Foundation by providing on the job training for the Young People who attend our How To Be A Chef IHTBACI Programme. To date many of the 23124 HTBAC graduate5 have gone on to become part of our paid team of chefs and front of house staff forThe Cookery School and Kitchen, CIC. Fundraising As a registered charity, we work diligently to raise funds that support our mission and maximize our impact. We do this by applying for grants from trusts and foundations, inspiring individual donations, and partnering with corporate supporters. Regular donations from our monthly givers provide us with a stable, reliable income, allowing us to plan with confidence. To ensure Square Food Foundation remains a viable business we have been working hard to ensure our income streams are diversified (see above), our mission and impact are clearly ursderstood through increased communication with our audience and stakeholders. We are pleased that our hard work 15 paying off and we are Seeing increases in public donations, support for catering, and increased success in large trust and foundation bids. Thi5 year, we held our inaugural fundraising event at the stunning Yeo Valley HQ in North Somerset and f urther diversified our revenue streams by launching a new Corporate Membership Club. The Big Give Campaign was a success, helping u5 expand our individual donor base and secure more regular monthly supporters. We have a150 focused on securing multi-year funding partnerships, successfully gaining investment for several key programmes and activities. One of our most notable achievements was winning a three-year grant from The Linbury Trust for our flagship How To Be A Chef programme. Thi5 included support for a Research & Development element, essential in improving outcomes, strengthening our evaluation processes, and broadening recruitment efforts. FINANCIAL REVIEW It has been yet another successful year for Square Food Foundation from a financial perspective. Through the hard work of our staff, our income has increased to £461,27912023-. £302,516), with the majority of this1£276,1631 being raised through trusts and foundations in the form of grant funding (2023.. £157,475). A significant proportion of this relate5 to funding from the LiDbury Trust, mentioned earlier in this report, who generously awarded a multi-year grant to fund the How to Be a Chef programme, for which £70,000 of income was recognised in the current financial year. Our expenditure rose from £306,465 in 2023 to £339,686 in 2024. The majority ofthe increase is due to increased staff costs, as we have developed and strengthened the staff team over the year in order to be able to deliver on the commitments we have made to our grant funders and to our beneficiaries. Our cash position has strengthened, with a bank balance of £261.437 at the end of 202412023.. £165,462). This is important as we move into 2025 and tough financial conditions for charities of our size. We have planned a small budget deficit for 2025, which is mainly the result of planned spending down of our restricted f unds, which is detailed further in the Reserves policy. 22-
SQUARE FOOD FOUNDATION TRUSTEES, ANNUAL REPORT YEAR ENDED 31 AUGUST 2024 Reserves policv At 31 August 2024, Square Food Foundation had total funds of £312,61012023: £191,027), comprising restricted funds of £147,37612023'. £67,884), and unrestricted funds of £165,24412023: £123,143). Restricted funds comprise a number of grants, primarily restricted towards the delivery of our core activities, as detailed in note 16. The trustees have a designated fund representing the net book value of the charity's fixed assets. Depreciation expense is charEed to this fund each year, and the fund will be spent down in line with the depreciation of the assets. In the prior year, we held an operational costs designated fund. We have moved this fund back within our unrestricted funds to better align with the requirements of the SORP and calculate our required free reserves inclusive of these operational costs. Free reserves of the charity at 31 August 2024 were £128,934. The charity's reserves policy is to hold an amount in reserve in order for it to be able to meet certain commitments should they fall due, including estimated wind-up costs for the charity, and the ability to run between 2 and 5 programmes for l year lincluding staff costs and related overheads). The trustees estimate that the required reserves position to achieve the above requirements is an amount between £60,000 and £105,000. At 31 August 2024, the free reserves are above the reserves target however, as noted in the financial review, we are planning to run a small deficit in 2025 in order to spend down our additional reserves through the delivery of more programmes which will support those in the greatest food-need. Flnancial security and planning for the future As part of our annual financial and fundraising review the trustee and Senior leadership team have reviewed the outputs from the 2023 strategy review and concluded that the strategic plan remains appropriate for the current year. Our strategy includes.. Supporting the continued growth ofThe Cookery School and Kitchen, CIC, to enable it to provide a gift-aid donation of its profits- Leveraging public donations through a 501id monthly donor campaign, in addition to large annual appeals such asthe Big Give; Partnering with larger corporate organisations in Bristol and the wider area. who support and fund our programmes,. and Building on our evaluation and impact reporting to enable us to attract larger and longer- term grants. Opportunitie5 and future plans As mentioned in the introduction. at the time of writing we are busy preparing our Business Plan for 2025-2028. This is an exciting time for Square Food Foundation, as we ref lect on the last 3 year5, we feel more determined than ever to create a Business Plan which delivers lifechanging results for the people who need it the most. -23-
SQUARE FOOD FOUNDATION TRUSTEES, ANNUAL REPORT YEAR ENDED 31 AUGUST 2024 The Business Plan for 2025-2028 will include strategy on how we are diversity and increase our income streams, creating easy access opportunities for anyone who want to support Square Food Foundation's ground-breaking food education work. We hope to invest in additional capacity to help all our stakeholders clearly understand our vision, mission and impact. We will improve on internal operational structures to improve efficiency. both for our team and our stakeholder5. We will be looking to align our strategy to the city-wide food insecLtrity strategies. This will allow Square Food Foundation to work collaboratively with other food education organisations to collectively make a positive change in Bristol. We can't wait to share this plan more widely in the Autumn of 2025. To support the evaluation strategy section of the 2025-2028 Business Plan, in 2024 we redesigned our evaluation framework to make it easier for our student5 to complete. Our evaluation centres on our Theory of Change and evaluates our impact across what we see as the key issues we are hoping to address: Lack of food knowledge and cooking skills result in poor nutritional choices, limited d let and poor health outcomes People have too few ways to connect meaningfully. resulting in social exclusion and linking with poor mental health outcomes Too high a proportion of people live in, or are at risk of, food insecurity I ncluded in our new evaluation framework is the opportunity to speak to our beneficiaries 3, 6, and 12 months after leaving our programmes. This will help us better understand our long-term impact. We are excited to start using the data produced from our evaluation methods to produce our very first impact report in the Spring of 2026. 24-
SQUARE FOOD FOUNDATION TRUSTEES, ANNUAL REPORT YEAR ENDED 31 AUGUST 2024 Challenges As noted in the financial review, financial conditions are tough for all businesses, and charities are no exception. Charities locally and nationally are all reportinE an increased need for their services, which driving demand and putting pressure on Erant making organisations, who are reporting applications far exceeding the total amount available. Thankfully Square Food Foundation has a robust strategy in place to ensure that we remain financially viable and continue to deliver our services to our community. Our income and fundraising strategy includes., Focusing on securing multi-year grants for all our core programmes. Not only does thi5 provide financial stability, it reduces the cost burden of submitting multiple applications, Ilowing us to use our resources to more wisely; Continuing to grow our Corporate Membership Club which provides socially minded business in Bristol to support the work of Square Food Foundation by donating an annu31 amount toward5 our core programme5,' Strengthening the proposition of our events catering offering. Ensuring that al I customers are aware of where their money goes, as well as offering opportunities to support us further Increasing individual donation via our local giving page by creating a meaningf ul and through provoking marketing campaign,. and Additional investment into evaluation, communication and impact. Allowing Square Food Foundation to clearly demonstrate its impact to further help across all fundraising efforts. We feel confident that together with our new Business Plan and clearer methods of demonstratin8 our impact we are not only going to be able to withstand these current tough conditions and continue to grow. FUNDS RECEIVED AS AGENT OR FUNDS HELD AS CUSTODIAN TRUSTEE There are no asset5, classes of assets or categories of assets held on behalf of other entities. 25-
SQUARE FOOD FOUNDATION TRUSTEES. ANNUAL REPORT YEAR ENDED 31 AUGUST 2024 STATEMENT OF RESPONSIBILITIES OF TRUSTEES The trustees are responsible for preparing the trustees, report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards, including Financial Roporting Standèrd 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland Iunited Kingdom Generally Accepted Accounting Practice). The law applicable to charitie5 in England and Wales requires the trustees to prepare financi31 statements for each financial year, which give a true and fair view of the state of affairs of the charity and of the income and expenditure of the charity for that period. In preparing those financial statements the trustee5 are required to.. select suitable accounting policies and then apply them consistently- observe the methods and principles in the applicable charities SORP- make judgements and accounting estimates that are reasonable and prudent- state whether applicable accounting standards and statements of recomrnended practice have been followed, subject to any material departures disclosed and explained in the financial statements,. and prepare the financial statement5 on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which enable them to ensure that the financial statement5 comply with the Charities Act 2011. the Charity (Accounts and Reports) Regulations-2008.and the-provisions of-the.c0nstitt4Dn, The tr-usteeSarWre5p0nSIlWfo safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularitie5. The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charity's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. If the Charitv 15 wound up, the trustees of the charity have no liability to contribute to its assets and no personal responsibility for settling its debts and liabilities. The trustees are members of the charity, but this entitles them only to voting rights. The trustees have no beneficial interest in the charity. -26-
SQUARE FOOD FOUNDATION TRUSTEES, ANNUAL REPORT YEAR ENDED 31 AUGUST 2024 Independent examiners The trustees confirm that to the best of their knowledge there is no information relevant to the independent examination of which the examiners are unaware. The trustees also confirm that they have taken all necessary steps to ensure that they themselves are aware of all relevant examination information and that this infor mation has been communicated to the examiners. Jacob Trowbridge of Bristol Community Accountants CIC was appointed as the charity's independent examiner during the year. The report was approved by the trustees on ... by: and signed on their behalf Sian Flyn rustee Joshua MLtdie - Trustee 27-
SQUARE FOOD FOUNDATION INDEPENDENT EXAMINERS REPORT YEAR ENDED 31 AUGUST 2024 I report on the accounts of the charity for the year ended 31" August 2024 which are set out on pages 29-41. Respective responsibilitie5 of trustees and examiner As the trustees of the charity, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 20111'the Act'l. I report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act and in carryinE out my examination 5 have followed all the applicable Directions given by the Charity Commission under sertion 14515llbl of the Act. Independent examinerfs statement Since the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I conf irm that l am qualif led to undertake the examination because l am a member of The Association of Accounting Technicians, which is one of the listed bodie5. I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that any material respect.. accounting records were not Act- or the accounts do not accord with those records,. or the accounts do not comply with the applicable requirements concerning the form and content of accounts Set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view which is not a matter considered as part of an independent examination. Tfthe charitf3rrEwirvd"bTsectiorr130 ofrth ept In respec I have no concerns and have come across no other rn3tters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the ccounts to be reached. Jacob Trowbridge MAAT Bristol Community Accountant5 CIC The Park Daventry Road Knowle Bristol BS4 IDQ -28-
SQUARE FOOD FOUNDATION STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 AUGUST 2024 Unrestrlcted Restritted Funds Fund5 Total Funds 2024 Total Funds 2023 Note Income from: Donations and legacies Charitable activities Investments 55,542 80,845 861 318.261 5,770 373,803 86,615 861 184.941 117,119 456 Total 137,248 324,031 461,279 302,516 Expènditure on.. Raising fund5 Charitable activitie5 30,035 89,507 30,035 309,651 35,033 271,432 220,144 Total 119,542 22D,144 339,686 306,465 Net incomel(expenditure) 17,706 103,887 121,593 13,9491 Transfers between fund5 16 24.395 124.3951 Net movement in funds 42.101 79.492 121.593 13.9491 Reconcillatton of funds: Total funds brought forward 123,143 67,884 191,027 194,976 Total funds carried forward 16 165,244 147.376 312.620 191,027 All of the activities of the charity are classed as continuing. There were no other recognised gain5 or losses other than those stated above. Movements in fund5 are disclosed in note 16 to the accoLmt5. Expenditure has been restated for reclassification between SOFA headings. Tot31 expenditure is not affected. The not¢s on pages 31 to 41 form part of these flnancial 5tatement5. -29-
SQUARE FOOD FOUNDATION BALANCE SHEET YEAR ENDED 31 AUGUST 2024 2024 2023 Note Flxed assets Tangible assets 12 36,310 25,658 Current assets Debtors Stock Cash at bank and in hand 13 21,451 2.000 261.437 284.888 6.163 2,000 165,462 173,625 Current a55ets Liabllities CrEditDrs'. Amounts falling due within one year 14 18,5781 18,2561 Net current J55ets 276,310 165,369 Net assets 312,620 191,027 Funds Restricted funds Unrestricted funds 16 147,376 165,244 67,884 123,143 312,620 191,027 These ancial statements were approved by the trustees on .Lp.- M ..101..). and are signed on their behalf by: 5ian Flynn rustee Joshua Mudie- Trustee The note5 on pages 31 to 41 form part of these ftnanclal 5tstemerrts. -30-
SQUARE FOOD FOUNDATION NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2024 General information and basls of preparation al Square Food Foundation is a ch3Tltable incorporated organisation ICIOI limited by guarantee registered in England and Wales. The registered office addres5 is The Park, Daventry Road, Knowle, Bristol, BS4 IDQ bl These accounts have been prepared under the historical cost convention with Ftems Tecognised at cost or transaction value L+nles5 otherwise stated in the relevant notelsl to these account5. The financial Statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and ReportinE by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffective from l January 20191- (Charities SORPIFR5 10211 and with the Charities Act 2011 as amended by the Charitie5 Act 2022. cl The trustees consider that there are no material uncertainties about the charity's ability to continue as a Eoing concern. dl The charity meet5 the rlefinition of a publit benefit entity as defined by FRS 102. Accounting Policies al Income 15 recoÉnised when the charity has entitlement to the fund5, any performance conditions attached to the item of income have been met. it 15 probable that the income will be received and the amount can be measured reliably. Where donor5 stipulate the charity will receive donations over multiple years, income is recogni5ed in line with the donations schedule. Income from the government and other grants, whether 'capital' grants or 'revenue' grants, is recognised when the charity has entitlement to the fund5, any performance conditions attached to the grants have been met. it is probable that the income will be received and the amount can be measured reliably and 15 not deferred. bl Donated professional services and donated facilities are recogni5ed a5 income when the charity has control over the item, any conditions associated with the donated item have been met. the receipt of economlc benefit from the use by the charity of the item, 15 probable and the eEonomic benefit can be measured reliably. In accordance with the Charities SORP IFRS 1021, general volunteer time is not recognised On receipt. donated professional services and donzted facilitie5 are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain servites or facilities of equivalent economic benefit on the open market,. a corresponding amount IS then recogni5ed in expenditure in the period of receipt. cl Interest on funds held on deposit is inclLJded when receivable and the amount can be eaSured reliably by the tharity.. this is normally upon notification of the interest paid Dr payable by the bank. dl Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settletllent will be required and the amount of the obligation can be measurpd reliably. Expenditure includes attributable VAT which cannot be recovered. el Support costs are those functions that as515t the work of the charity but do not directly undertake charitable activitie5. Governance costs are the costs associated with the governance arrangement5 of the charity. including the costs of COTnplying with constitutional and statutory requirements and any costs a550ciated with the strategic management of the charity's activities. These cost5 have been allocated between tost of raising funds and expenditure on charitable activitie5 based on the proportion of total costs as follows.. 2024 2023 11% Sinn Charitable artivities 91% 31-
SQUARE FOOD FOUNDATION NOTE5 TO THE FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2024 Accounting Policles Icontinuedl fl Renta15 applicable to operating lease agreements where Substantial all of the benefits and risks of ownership remain with the lessor are charged agèinst profits on a straight-line basis over the period of the lease. gl Unrestricted funds are available to Spend on activitie5 that further any of the purposes of the charity. Designated funds are unrestricted fund5 of the charity which the trustees have decided at their discretion to set aside to use for 3 Specific purpose. h) Restricted funds can only be used for particular restricted purposes within the objetts of the charity- Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. il Tangible fixed asset5 are Carried at cost le55 accumulated depreciation and impairment losses. Depreciation is calculated so as to write off the cost of an asset, le55 its estimated residual value, over the useful economic life of that assèt as follows: Office equipment Kitchen equ1prnent Leasehold improvements Motor vehicle 33 25 io 25 % stfaight line % straight line % straight line % straight Ilne Assets are tapitalised when the purchase price exceeds £lOOO Il Trade and other debtors 3re recogni5@d at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due k} Cash at bank and cash in hand includes cash short term highly liquid investments Wlth a short maturity of three month5 or less om tlig ¢JatEufacquisftTon-or"openinsof-t.he.deposit-or-5imilar-accou 11 Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will prob3blv result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliablv. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discount5 due. ml The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recogni5ed at transaction value and subsèquently measured at their settlement value with the exception of bank loans which are subsequently recogni5ed at amDrtlsed cost uslng the effectlve interest method. n) The charity operates a defined Contribution pension scheme for its employees. There are no furthèr liabilitie5 Other than that 31ready recognised in the SOFA. ol Transactions in foreign currencies are translated at rates prevailing at the date of the transactSon. Balances denominated in foreign currencies are translated at the rate of exchange prevailing at the period end. pl In the appllcation of the charity's accounting policies, the trustees are required to make judgements, estimate5 and assumption5 èbout the carrying values of assets and liabilities that ère not readily Bpparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future period5 if the revision affects both current and future periods. The key source of estimation uncertainty that has a significant effect on the amounts recognised in the financial statements Is depreciation as described in note 2111 above. -32-
SQUARE FOOD FOUNDATION NOTES TO THE FINANCIAI STATEMENTS YEAR ENDED 31 AUGUST 2024 Income from donations and lÈgacies Unrestricted Funds Restricted Funds Total Funds 2024 rotal Funds 2023 Donations Grants CDfpofate membership elub 20,042 42.098 276,163 62.140 276,163 35.500 27.466 157,475 35.500 318 261 373 803 184 941 Donotions and leoocies- priorperiod Unrestrlcted Funds Re5trActed Totol Funds 2Q23 Funds Donuti0rt5 Gronts 27.466 1.502 28,968 27,466 157,475 184,941 155,973 155,973 Income from charitable attlvlties Unrestricted Funds Restricted Fund5 Total Funds 2024 Total Fund5 2023 Courses Sale of prodLJCt Catering 5ervice5 1,472 1,472 5,686 23 111,410 79,373 5,770 85,143 80.845 5.770 86.615 117,119 All incomEfrom churitoble uctivities wos unrestricted in the prior period. Income from investments Unrestrirted Funds Restricted Funds Total Funds 2024 Total Funds 2023 Bank interest receivable 861 861 456 861 861 456 All incomelrom investments Wt75 unrestricted in the priorperiod. 6 Governrnent Grants The charity receivè5 government grants, defined as funding from Bristol City Council to fund charitable activities. The total value of such grant5 In the period ending 31 ALJgust 2D24 was £80.18612023.. £13,950). There are no unfulfilled conditions or contingencie5 attaching to thesè grants in the year ended 31 August 2024. -33-
SQUARE FOOD FOUNDATION NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2024 Total expenditure Ralsing funds Charitable activltles Support costs Governance Costs Total 2024 Staff costs Outsourced labour Employee training Ingredients Kitchen equipment Travel and subsistence Rent Bank charge5 Software and computer costs Office expenses Profe55ional services Subscriptions Mi5cellaneou5 Insurance Depreciation 18,347 132,527 2,199 59,868 210.742 2,199 3,715 45,558 8.021 848 28,125 228 203 4,259 15,571 1,922 1,014 3,061 14,220 339,686 3,715 45,558 8,021 848 28,125 228 203 4,259 14,969 1,922 1,014 3,061 14,220 131,584 602 18,347 189,153 602 AllocBtion of support and governance cost5 11,688 120,498 1131,5841 16021 Total pendIture 30,035 309,651 339,686 Restated Totul Z023 Totol expenditure Priorperfodcompurotive Raising Aunds Charftuble octivltles Support Costs Governt7n¢e costs Stuff cost5 Outsourced l¢ibour Employee troining Ingrediertts Kitchen equipmErtt Travel und5ub5IStence Rent Bunk charges Softwore und computErtosts Office expenses Recruitment ProfesslonolservlS 5ubscription5 Miscelloneous 23,307 114,177 11,845 53,133 190,617 lJ,845 701 701 51.320 3,731 902 51,320 3, 731 24.317 132 24,317 132 IBO 180 994 145 6,758 2.250 1.763 2,258 8,552 306,465 180 814 145 6,179 2,250 1,763 2,258 8,552 100,424 579 Insuronce Depreciation 23,4187 181,975 579 Allocotion of support ond governonce costs 11,546 89.457 1100.424J {579) Totolexpendityre 35,033 271,432 306,465 -34-
SQUARE FOOD FOUNDATION NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2024 Net incoming resources for the year Thls is stated after charging: 2024 2023 Operating lease expense Depreciation Independent Examiner's remuneration (excluding VATI.. fee Independent examination Other Services 28,125 14,220 24.317 8,552 602 5,280 579 1,640 In common with other charities of our Size and n3re we use our independent examiners to assist with bookkeeping, the preparation of the financial statement5, and payroll servite5. Staff costs and numbers staff costs were as follows.. 2024 2023 Salaries and wage5 Social security cost5 Pension cost5 198,112 8,716 3,914 210,742 181,177 6,617 2,823 190,617 No employee earred more than £60,000 during the CLtrrent or prior period. The key management personnel of the charity comprise the trustees, the founder director and the managing director (including maternity coverl. The total employee benefit5 of the key management personnel were £51,60312023.. £61,7891. 2024 No. 2023 No. Average head count 12 li 10 Related party transactions The charity trustees were not paid or received any other benefits from ernployment with the charity in the year12023.. nil) neither were they reimbursed expenses during the year12023.' nill. No charity trustee received payrment for professional or other services supplied to the charity12023: nill. Durlng the year, trustees of Square Food Foundation CIO Luke Sap5ed and Stephen Wray were also directors of The Cookery School and Kitchen CIC. Luke Sapsed resigned From The Cookery School and Kitchen CIC on 29 May 2024 and Stephen Wray wa5 appointed on 4 March 2024. The Cookery School and Kitchen CIC did not donate to Square Food Foundation during the year12023.' £10,300). There were no other related party transactions during the year. 11 Corporation Taxatlort The charity is exempt from tax on income and gains falling within section 505 01 the Taxes Act 1988 or settlon 252 of the Taxation of Chargeable Gains Att 1992 to the extent that these are applied to its Charitable objects. -35-
SQUARE FOOD FOUNDATION NOTESTO THE FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2024 12 Tangible flxed assets Leasehold Kitchen Improvement Equipment Office Equipment Motor Vèhlcle Total Cost At the beginning of the year Addktions 14,000 3,931 23,030 5,463 4,226 477 41,256 24,871 15,000 At the end of the year 17,931 28.493 4,703 15,000 66.127 Oepre¢lation At the beginning of the year Charge for the year 2,456 1,793 11,516 7,123 1,626 1,553 IS,598 14,219 3,750 At the end of the year 4.249 18,639 3,179 3,750 29,817 Net book value At the beginning of the year 11,544 11,514 2,600 25.658 At the end of the year 13.682 9,854 1,524 11,250 36,310 13 Debtors 2024 2023 Other debtors 21,451 6,163 21,451 6.163 14 Credltors: amounts falllng due within one year 2024 2023 Trade creditors Pension PAYE Accruals Deferred income (see note 151 6.346 876 4,876 1,889 1,291 200 1,356 8,578 8,256 15 Deferred Income 2024 2023 Balance as at I September Resources deferred during the year Amount released to income earned from charitable activities 200 4,302 200 14,3D21 12001 Balance as at 31 August 200 Deferred income comprises gift vouchers and courses purchased which have yet to be redeemed. 36-
SQUARE FOOD FOUNDATION NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2024 16 Movement in funds 01 Sep 2023 Incoming resources Outgoing resources Transfers 31 Aug 2024 Restrlrted funds How to be a Chef How to be a Chef (Linbury Trust) Back in the Kitchen Cooking Connectlons KITS- Food Club Welcome Space5 Cabot Learning Foundation New Cookery School Kit Primary Schools Cookery Project Shaping Places New IT Resilience Fund YHH Holiday Classes 4.500 17,000 70,000 36,985 9,135 71,427 2,704 27.865 121,5001 120,0001 110,3261 19,1351 185,8931 12.0031 119,5791 50.000 26,659 33,038 2,003 10,291 2,488 12.500 1,800 1,264 18,572 2,704 18,577 2,488 15.729 9,133 128,2291 18,2331 11901 11,0031 114,0531 2,700 1,074 24,602 50,000 14.053 124,3951 Total restrictèd funds 67,884 324,031 1220,1441 124,3951 147,376 Unrestricted funds General fund Designated fund5: Operational costs inc. redundancy Fixed Assets 67,206 137.248 1105,3231 29,803 128,934 30,279 25,658 130,2791 24,871 114,2191 36,310 Total unrestricted funds 123,143 137,248 1119,5421 24,395 165,244 Total funds 191,027 461,279 1339,6861 312,620 Purposes of transfers The transfer from the Operational fund represents the movement of this fund back within general reserves. The transfer to the Fixed Asset fund represents purchase of fixed asset5 from restricted and unrestricted funds in the year. Purpose of restrlcted funds How to be a Chef A 12-week vocational training programme for young people aged 16-25 that offers skills for erriployability and opportunities for progression to further catering-related learninE or èmployment. This intensive programme include5 hands-on cookSng and work placements in different areas of the food industry. Thank you to our funder5 La Marchants Trusts and The 29th May 1961 Charity for supporting thi5 Programme. How to be a Chef ILinbury Trust) In addition to supporting the running c05t of How to Be A Chef IHTBACI a5 described above, The LinbLJry Trust have further Support the programme by funding the new HT8AC Inentoring scheme and additional sUPPOrt for the young people. This has enabled Square atEun"tr5 peop eyon e Scope o wee raining programme. The Linbury Trust have a150 funded staff training and development to build resilience within the te3m. .37-
SQUARE FOOD FOUNDATION NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2024 16 Movement in funds Icontinued} Purpose of restrlcted funds Icontinuedl Back in the Kitchen This weekly, drop-in cookery club for older people at risk of Social isolation gives a routine, encourages students to leave the house, teaches life skills, skills sharing, builds confidence, and provides vital social opportuntties. Once a month the students batch cook meals which are frozen and then distributed to other older people who may be experiencing Food Insecurity. In addition the 5tvdents help to prepare a monthly Lunch Club for the wider elderly community. Thank you to our funder5 St Monica's Trust and The Grateful Society for SUPDOrtinR this project. Cooking Connections A weekly programme for adults with learning disablllties, where they cook delicious food and learn about healthy eating principles. This course helps student5 to improve personal and social skills, and to explore progression pathway5 such as volunteering arbd work. Thank you to our funders The Wesleyan Foundation and Quartet Community Foundation for Your support. KITS- Food Club Born during lockdown. the recipe kits provide families on a low incorne a way to cook together at home with none of the barriers around c05t or feaT of waste that tllight usuallv get in their way. As well as providing a free meal to families in need so that they can put the money they would have Spent on food towards their energy bills, Square Food has responded to the fuel crisis by ensuring Èvery kit is a low energy recipe and energy saving advice_printed pn the keepsake recipe rard so that each family is SUPPOrted. beyond the fuel crisis. Thank you to the following supporters and funders of our Recipe Kits project: The Big Give, Feeding Bristol, St Stephen and 5t james Trust, National Lottery, and Knowle West Alliance. Welcome Spa5 Welcome spaces started as a response to the cost-of-living crisis to provide a free. warm, welcoming space for those experiencing disadvantage. Our Welcome Space5 sessions consist of a group cooking le550n before everyone sits to eat a hot, healthy meal together. Thank to Feeding Bristol and the Household Support Fund for support thi5 programme Cabot Learning Foundation Three x 12-week cookery course5 for young people aged 16-18 who are in alternative education. Course content is practical and useful and focu5es on basic life ski115 includinB how to L15e a knife safely, shopping and cooking on a budget as well as team workin& communication and attendance. Thank you to the Hargreaves Foundation for funding this project New Cookery School Kit Funding to support Square Food Foundation to move prernlse in 2022 and keep up with repairs to our new kitchen over the coming years. Thank5 YOU to Quartet Community Foundation for support the tookery school move. Primary Schools Cookery Project The Primary Schoo15 Cookery Project has enabled Square Food Foundation to work with 5 schools around the Knowle West area.. Wansdyke. Four Acres, Hillcrest, Knowle DGE and Oasis Connaught. With thanks to 5UPPOrt from OVO Foundation. -38-
SQUARE FOOD FOUNDATION NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2024 16 Movement in funds Icontinuedl Purpose of restrlcted fund5 Icontinuedl Shaping Places Square Food Foundation were Successful in applying for 'Shaping Places for Healthier Lives,, a new initiative by Bristol. North Somerset and South Gloucestershire local uthoritie5. The vision of this project 15 to develop innovatlve. long-term system changes 10 Improve food security and reduce health inequalities in some of their most disadvantaged communitie5. New IT With thanks to the Quartet Express Grant, Square Food Foundation were able to update outdated IT equipment including laptops and desktop equipment to improve office efficiency. Resilience Fund Helping Square Food Foundation to build resilience by improving accessibility for wheelchair user5 through adjustable tables, hobs and Dvens,. creating an accessible breakout Space for our learners.. purchasing laptops and AV equipment to improve digital acce55ibility.' purchasing freezing equipment to improve energy efficiency. reduce food waste and Provide mea15 to the community,. and purchasing an electric van. YHH Holiday Cla5se5 Holiday Classes for children ages 7-12 who receive free school meals. The workshops provide opportunities to grow, learn, play, be active and develop personal and Social 5kill5. Attending our workshops will help children and young people to gain and build on skills needed to prosper and flourish and enhante their health and wellbeing. The workshops wi15 be free to attend and open to all, encouraging equality and building inclusion. YHH classes are delivered durina, Easter, Summer and Winter school hc>lidays. These c1355es are funding through the Governments Holiday Activity Fund IHAFI programme, delivered by Bristol City Council 35 Your Holiday Hub IYHHI. Square Food Foundation also delivered holiday classes to Sovereign. Purpose of deslgnated funds Fixed Assets The asset depreciation fund represents the net book value of unrestricted fiKed assets held on the balance sheet at year end. -39-
SQUARE FOOD FOUNDATION NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2024 16 Movement in funds Icontinuedl Prlorperiod compomtive Irestured) 01 Sep 2022 Incoming resources Outgothg resources rron5fers 31 Atsg 2013 Re5trirtedfvnds How to be G ChEf Back iri the Kltchen Cooking Connertions Peony Project KIT5- Food Club Welcome Spoces Cobot Leorning Foundotlon Food Leader5 YHH Holiduy Closse5 hlew Cookery School Kit Sovereign Holiday CIos5es PrimorySchools Cookery Project Shoping Pluces New IT 9.887 2.390 4.5(Xl 19,8871 14.3901 12,0001 12,243) (51.686) 4,500 2,243 84,724 2.OQ3 15.437 4.219 10,890 33.038 2.003 10.391 {5,146J 14,219) flO,8901 14,5531 14,280) 18,376) 1900) 13.7361 7,141 4,280 11,624) 2,488 22.500 12.5QO 1,8(10 1.264 5,000 Totol restrictedfunds 24,317. 155.973 1112.4061 67.884 Unrestrfctedfvnds Generalfund Desionotedfunds.. Operotionalcosts inc. redundanc Asset depreciotion 110.065 146,543 {185,507J 13,8951 67,206 53,338 27,256 (3.059) 6,954 30,279 25,658 (8,552) Totol unrestrirtedfunds 170,659 146.543 1194,0591 123,143 rotolfvnds 194,976 3C12.516 13Q6,4651 191.027
SQUARE FOOD FOUNDATION NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2024 17 Analysi5 of net assets between fvnds Unrestrirted Restricted Funds Funds Total Funds Tangible fixed assets Cash at bank and in hand Other net current assets/lliabilitiesl 36,310 114,061 14.873 36,310 261.437 14,873 147,376 Total 165.244 147,376 312,620 Prlor period analysis of net assets between fund5 Unrestritted Restrlcted Funds Funds Total Funds Tangible fixed assets Cash at bank and in hand Other net current assets/lliabilitiesl 25,658 97,578 1931 25.658 165,462 1931 67,884 Total 123,143 67,884 191,027 18 Prior period comparatives: ststement of flnancial artivities Ire5tated) Unrestricted Restricted Funds Funds 2023 2023 Totsl Funds 2023 Income and Endowments From: Donations and legacie5 Charitable activities Investments 28,968 117,119 456 155,973 184,941 117.119 456 Total 146,543 155,973 302,516 Expendlture On.. Raising funds Charitable activities 35,033 159.026 35.033 271,432 112.406 194,059 112,406 306,465 Net incomellexpenditurel 147,5161 43,567 13,9491 Net movement in funds 147,5161 43,567 13,9491 Total fund5 brought forward 170,659 24.317 194,976 Total funds carried forward 123,143 67,884 191.027 -41-