Charfty Reglstrallon No. 1175755 FEEDING COVENTRY CIO ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021
FEEDING COVENTRY CIO LEGAL AND ADMINISTRATIVE INFORMATION Dr Lopam4th Saxena Dr Chiara Tomaghr Mananne Tavin8r Anna Cusknn Charlty numb•r 1175755 Prfnclpal addr• Fo188hl C¢immunty Centre 757 Fd4#hill Road Coventy CV6 5HS Ind•pgndent oMmln•r P*kG1( 11l8rdzykn Llmltad 14 Queens Road Eagle Hou88 CV1 3EG
FEEDING COVENTRY CIO CONTENTS Pag? Twstees rewl Indep8tht examir*s rewi Statomenl of financJal actovftfies Balance sheet Nolos to finarKial Jtalements 7-19
FEEDING COVENTRY CIO TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2021 The trustees present thr annual report financaal statements lor the yw en1 31 March 2021. The financial Statements have been kyepared in vnth the Xffiting w)Iic408 set out in note 1 to the financial statements and ccnply ith ts ¢hartys goveming (kMent. the Charits8s Ad 2011 and "Accounts'ng and Reporting by ChaMtr"es.' Statement of Recommended Pra(kn ap¢al8 lo tharib'es preparing their accounts in accoTdance wrth the Finawal Reporb'rvJ Standard in Ihe UK x1 RepU1C of Ireland (FRS 1021" leffective 1 January 2019). Oblgctfvgs and aGtlvltl68 The principal actbvlty of the chwlty 18 to provrd8 T•1 to rPIe In need In Coverrtry, sp8dfically providing nèw and aarnatIVe ways to siwort pgOe th the comF4ex issues bthind their reasons for experienung hardship. knst importanlly w provJe taib)r•d $wort and c$p)rt.e5 to our merntS to Improve thwr lives through a¢eessiNJ the scoal Supermaet arbj communty hub. want ow benefidarfes to feel aMWere and efft from life changing from ty acxes8ing ryjr 8er4Kes WKI commurty Centre. The Gharity is Involved in Cty wide thmes thal fuThJing, fc(¥J wpport and support vlth other e8s•ntial Items for pecyle faTh¥lvJs ams the Cty exFenenaThJ dwp4atr'on. Th8 trustees have paid due rewd to guidance IssLd Charity C(xnmi8sion in (iding what athvitse8 the shoLdd undfjrtako. hlevom•nts and p•rforni•nG? rJnng the year th& ¢harty o)ntsnued V•llh renovalkn of the cfjmnwnrty centre f8cIIty In Fol68hlll Un9 Significant Nationa Lottery Grant 8b11rj the cclnmunty centre, which is in the most deprived ar8a of Covanty, to b8eome a thrlwnq communty hub. ha¥8 c>)ntinld with our $tralegi¢ vislon 8nd now run a fu programm of proj'ects that alleviate f(y)d povoty. FYowd8 holi8tiC 8UPPOrt and havo an enomous 80dal impact on the most VLlnefg10 p8c¢4è SNI famlll88 in wr dty. Coventy Swal Sup8mrket - Opened cm the 17th March, 2020 It bgforo thg ¢OLmty w8nt into ils first Covi&19 lockd¢)wn and has conts'nued to èxpand rt8 8eMce$. currenty supwt artsjnd 500 people a wfjek vtho are experierong ftKd Fovety. During thg pandemK thè demand for food suFport from thg local community inLYeased exponent.alty and have expwthd our seNths to meet the demaTrd. Emergency foc#J programmes - In addthon th8 chanty has been involved tn Procring food for emergency 8LlPPOrt programmes relating to the parnjomic and contknugs to swort the Cwnc41s Community Support Grant $¢h•m• by administering and diStritiThJ emerg food parcels to Ihw experi¢naThJ extreme hard8hlp. Free School Meg18 progr8mm- Vl8 WPOrt•d a numtr tdidoy w)gramm69 by communlty groups through grant payments during the paleM1¢ to ensure thiklren on frea 8diool meals had ac$$ to héalthy and nulritlous food and lak&homè 111. have extend8d this by becoming a strategi partner with thfj City CounrAI runThng Holiday, Food and Acbvty progrw)mes duriry s¢h)ol hdidays for children on benefits related free school meals (this work c<ffimenced after 31st Marc 2021 80 16 not rgfiected in this year's annual accounts but has become an essenld part ofthe CharlS offering). sUprt VbrkMWlb8tng- VI work wrth Irdjned att8($ frrrfn Co• lrwjependttAdVI Se (CiASI to offer a range of support work indudlng debt and beneffts advlce akmw wth supporting members hdistically by connecting them to job, administrativo and famity support s1¢&$. and through opportunrties to engage in healih and Wellb9 activiknes. Our eslat4thed MMUnIty growng group connects people to thèir pegrs, stimulates sooal Interacts"on, IdeS row¥tsJnitios for inlwral1cd and uo&s-cultural w¢ial connections. To support the rapid expansvjn ofth8 (waS during ts tArthnJc irwsed our stsffirvJ and recruited large volunteer t8arn. Many of our volLKrteers are also members of the socaal supermarket vthi¢h supports our ethos and wsion of creating a e4)mmunty people can a(aNety leam nth¥ Skil and work in parlnership th us to improve their lives. have 81¥0 been able to offer several thrt-tami •mpEoymant opporhJniti8# to
FEEDING COVENTRY CIO TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 AIARCH 2021 8ar8 Nècessities - Tha Baro NosSiheS proied allm us to not onty 8UPPOrt peoe vAth food but provide other essenb'al non-food items suth as sanltary w(yJuds and baby care packaaes vthich ara distrt'butèd across the whole of Coventy to th088 in ne&J. Flnanclal revlew 11 is the policy of the chanty that unrestrictgd funds vhith have not bM designatwJ for a s1c Use should be m8in18ined al a level equivalwst to betsveen three and six month's eypendTlure. The tru51ees ccfflsider that reserves at this level TrMI1 ensure that. in the event of a ¥gnnlcant drop in fvnding, Itw wll be ablg to continue the charity's curTenl aclivth'es while ¢¢Ideration is given to ways In addonal funds may be ral88(J. Thislovel of reserves has been moinlained throughrmjt the year. Rlsk Polllcy The Iru8lees hava Idtified ts nsks that might affe(a the chkn, and revww ts thrtty's pollcle8 and procedures regularty to mlniml8e ts risks klendlled. PAructur•. govornaThc• and m•n•g•m•nt The ¢hadty 18 a th•ritablo Incorpxated Or90n. ¥er1 ith ts Charlty Ctynmi58ton on 16th Novembgr, 2017. The Iru8lee8 who r¥•d rlng the Y arKI to the date of cllhe fal ¥latemenls Yre.. Cllr Fay8 Abbott Dr Lopamudra Saxono Dr Chlara Tomaghi James Harrison M8rlanné T8virr Anna Cuskln G8vin Kibbl? {R88lw 13 May 21)20) F88ding Coventry foThow Ouf Trnslèe Rgcnilmenl Pc4icy to appoint trustees In accordance wth our goveming document Ilha eonslitLrtion}. enever a tru8tse baves a skills audit of the board will take place to ensure a surtable replacement is found, taking of the skils or experiwKes lost by the departure. ConsIderatn is 81s0 given to any SFeafic roles or dubes that the iNlividul leawt¥J the board was undertaking. Onc8 the ideal skilllexperfence profilé has b88n idenlffjed 8 recruitment pfan will be fomulated. This will identify adverti$em$nl channels and [sOn speofi¢ations. Suitable a1¢8n13 wlll be invited to atteTrJ meetings as an ob8erver bèfor8 oppoinlment wll be c0ftdered. The aFplan1 will asked to dedare any conflicts of intoresl and will be required to provitje refwences wll be takon up pnor to the next board meeting. A votè WTII then be taken by eSIng trustees in aecordarK8 Vth Ihe c#Jn8Uthon. If apwoved, the new trust¢e will assume responsibilths from the date of the next trustee meeting. Boforg accepting appointmenL 8ppIic8nt8 vlll bo pded ilh a copy ol th• late8t aDn{S of th¢ tharity., Charity C¢ynmission Publication CC> 'Respon&knlitses of Charty Trustees a copy of the chanty's goveming document." a copy of Ihe minutes ol the last three l)oaid Tlleeb'ngs lediled to confomi vith th& wnuples of dat8 protection if necessary).. relevant kyjlicies induding those warding &3ual opportunTrti'es and CAxflicts of Inter&sl', a copy ol this policy. N¢)rte of the truslees has any beneffici intorest in the comFWry. All of the trues are memters of the company and guarantee to In"bu £1 in the event of a inding up.
FEEDING COVENTRY CIO TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 The Trustees port was approved ty th8 Board ofTntst88 Faye bott (Feb 17, 2022 16."25 GIIT) Cllr Faye Abbott 9 F•bruary 2022
FEEDING COVENTRY CIO
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF FEEDING COVEKfRY CIO
I report lo the trustees on my examinatM)n of th8 finan(ial Stalen of Feethng CoVty cio {ts canty} for
the year ended 31 March 2021.
Responslljllltlos and basls of rnport
AS the trustees of the charity you are res[tA0 for the of ts finwKa81 statem8rrt6 in e0rdance
th tho rèquirem8nt8 of th• ChariliesAd 2011 {th8 2011 Art).
I report in rgspe(a of my axamination of the fln8rK4 atements ¢WTied out under section 145 of the
2011 Act. In carryng out my examination I have 81 the applicable Directi(M8 given by the Char
Commission under 14515)Ibl of the 2011 Ac
Ind•pendent oxamlnof8 statomont
Since the charty's gross income •xc•edj £250.000 w examin8r must be a member of a W list In
section 145 of 2011 Act. I conflmi that I quolffied to urKlertoke the examination because l am a membgr
of , which 18 ong of t liated bodi
Your attenb'on is
FEEDING COVENTRY CIO STATEMENT OF FINANCIAL ACTivrriES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2021 Total Unr••triet•d R•stricted funds funds 2020 2020 Total fvnds 2021 funds 20 2021 2020 Donations and legacies Othor trading a¢tiviti00 othèr Income 72.103 617,827 27.5 689.930 27,538 6.021 4.681 3,000 89 93,680 98,361 3,000 89 3,139 Total Incom• 75.242 848.245 723.487 7.770 93,880 101.450 Raising funds 13.100 13.100 Charitable aclivities 30.317 478.597 508,914 79,591 13,936 93,527 Totsl r•sourcM expgnd•d 30,317 491,697 522,014 79,591 13,936 93,527 Gross transfers betsveon funds Ntt Incom• for th• yMrf N•t m¢v•m•nt In fvThd• 88.164 188.1841 44.92S 156.$48 201.473 14.343 16.420) 7.923 Fund balanGes 8t 1 April 2020 17,792 41.794 59,586 3,449 48,214 51.863 Fund balanc at 31 M•rch 2021 62.717 198.342 281,059 17.792 41,794 59.586 The statement offinanu81 ad]vrti indud88 all gairA and108806 recwwd In the yew. All income and expendire derive from contlnulng a¥186.
FEEDING COVENTRY CIO BALANCE SHEEr ASAf31 MARCH 2021 2021 2020 Flxed assets Tangible assets 13 38,803 20.356 Current ass•ts Dobtors Cash al bank and In Iwbj 14 30,452 220,795 40,918 251,247 40,918 CredltOY8: amounts falllng du• wlthln on• yo•r 15 P8,991) {1,888} N•t curr•nl a888t8 222.258 39,230 Totsl assets less current Ilabllltl88 261.059 59,588 Incom• fund• R8stri¢lgd fur6 Unrestrfcled funtJ8 198.342 82.717 41,794 17,792 281,059 69.686 The finan¢io1 statements ffi arvwl by the TnMtee8 on 9 Febrw 2tr22 bott (Fèb 11. 20?2 I6..25GMn Cllr FayeAbbott Truste¢
FEEDING COVENTRY CIO NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 Accoufttlng polkl•s Charfty Infomtlon Feeding Cova)ty is a Charitth Corypany 1.1 AccountSng ¢onv•ntlon The financlal ststements have been prepar&1 in aQXrdare wth the tt)aWs Igoveming documenll, the Charities Act 2011. FRS 102 'Th0 Fina RepNtirg Slanckn applicable In the UK an¢J Republlc of Ireland- ("FRS 102.1 and the Chants SORP "Accounbng ard ReF¥xb'ng by Chanlies Statement of Recommended Practlce applicable to ctharllles preparlng their accounts in accordance with thé Financial Reporting skndard aptAi&it48 In the UK and RebI of Ireland IFRS 1021" leffecuve 1 January 20191. Thè ch8rty is a Publ Benefit as dgfined by FRS 102. The tharity h86 taken advantage of tm In Ihe SORP tr (arlUes not to prepare a Ststement of Cash Flow8. Th8 fin8nrA818lalements have dep8rt•J from th8 Charfttos (Accnts and Repts1 Regulation8 2008 only to the extent raqulre(I to provid8 a true and fair vww. Thij departure has invc4ved followng the Stemenl of Recommended Pr8ciKe fty ¢hantses applw'ng FRS 102 rather than the veOn of the Statement of Recomm8nd Pradlce Thith 18 refe8d to in thè Regu10n$ but tthich ha• bwn Vith(Irawn. The fin8rrial ststements are wepare(l in sterflng. thlch is Iha fiJnGlional (XIT ol the chartty. M(Metary amounts In Ih88e flnandal alwnents are rouThY•J lo Ihe nearast £ The finanaal statèments hove be Fryared under the hi8torical CJ)8t o)nvention, modth•d to indud8 the revaluatlon of freehold and to inclL#l8 investment properb'os rtaIn fin8nGial in8trumenl8 at fair value. The w1ncl1 a¢counting polkx 10Fe£l are eat oth bèJ¢Mf. 1.2 Golng cone•rn At the tlmg of approvlng thè ststements. the InL8t0 IVe a rea$on&4e expectallon that the charty has adequate resoUrS to contsnu¢ in operaticfflal exi8terte for the fOresee8e fiJture. Thus th• trustees conts'nue to adopt the gcing Ccern basis of in wep3rirrfJ the finana9l8tstemI$. 1.3 Charltablè funds Unmslricted funds are avallth for UEe at the dtmtion of the tnthes In fvrtherance of thair tharitable Re8lrtcted ftd8 ar8 8ubjec* to Ipeafic corKliti0 by d¢yKn as to thèy may b? u8ed. The purpo3es and u8e6 of the re8tri¢tod fij8 are 8et ¢t in Ihe to the finaThial statemen18. Endt)wment funds aro $u4'ect to 8perAfic condibon8 ty donorn thst Ihe must be mairtained by th Ghaiity. 1A In¢orn• Irwme Is reccgnlsed kni the ttority Is legaty WnlU•J to 11 after any perfNmance conditions have been met, the amourrts can be MlTed rdiabty, and it i8 probablo that income wll be receivad. Cash ¢onaticffls are reco3nised Olher (kThtkns arp recryised once the charty has b88n 'fied of the donalK)n. urdess FerformarKe CLNKIOn5 rewire deferral of the amount. Income tax recoverable in r8latKJn to don8bc r1&1 under "d or deeds of covenant re¢c¢3nised at th8 time of the (lonalion.
FEEDING COVENTRY CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 AccountlTrg pollclos (Contlnuedl L8gaaas are roCOgThS8d on ro¢eipt or olhthi rf the cjwity been notified of an impending distributi, the amount is kn¢ywn, and recept is 6xt#ed. Nth8 amount is not known, the legacy is Irealed 85 a contingent asset. Grants are recogni3ed whon charity has an entthmerrt lo the fvnds arKI arry condrtions Ilnked lo the grants have tfj8n mfrL There pthance o)ndth"ons are attached to the grant and are yd to be met. the Inc6 is recognised as 8 liability KI IndUd C thè bkn sheet a6 dèferred income to be rèlea8ed. 1.6 Exwndlturn Exnditur$ 18 recogni8ed Or thore 18 a legal c wistnjctive obli9ats.on to transfer economic benefit to third paty, It is probable that a transfer of be wlt be requlred In settlemerrt, and the amount of the obligatlon Can be measured rdiaw. Expenditur818 cKgB8ifi8d by aclivity. The crf xtsvty •r• made up cl th• total ol dlrect C0818 and $hared costs. induding 8UPPOrt 1xt8 invow in urJertokiry eth ath"vity. Direca $t5 th'bUlab lo a Single ach'vity are allocated dire to that actlvlty. Shared rA8t8 tch cOntrite to mcrfe than one activity and 8UPPOrt Costs wthlch are not altn"butable to a 8ovty are aPpOrtr befvn th088 aCtivitle8 on 4 ba¥s consistent 1h the use ol resources. Cerrtra staff u)sts are alIcle on the b3"$ of tsme snt. and depreciation charge$ are allocaled on thg portiffl of the asset'8 Uae. 1.8 Tanglbl• flxod 8g•t• Tangible flxed asseis are Inlllalty wawred ai cost ar#J 8ub8eqwity m8asured at CA>8t or v81uatton, nat of deprecIaoTr and any impaThont108ees. Depreciats'on is recognised so as to wyfte off tho cost or valuauon of a668ts1886 thelr redua v81ues over Ihelr u80ful Ilve8 on If* lolkh¥lng bases.. Lea8ehold impfov¢m•nts Flxture8 and fftungs CompLrters 5 years Straight lino 5 years straiglrt line 2 years straigm line g•Sn or 1088 8ri8ing M the disposgl of an 889Ot 1$ doterminod a8 Ihè differen behveen the 1? proceeds and tho rn9 vatua of the as8eL WKI is rwiNsed in Ihe statemerrt of financlal activities. 1.7 Imp4lfmont ol Ilx•d •ets Al each reportlng end dale, the re¥iM lfv carrywu amtyjnts of its tgiLle a88et8 to determlne %thelher there Is any Indicallon Ihat It assets have suffered an impaient loss. If any such indication exists, the recoverabl6 amount of the 88s•t 1$ estimated fft order lo detemiine tha extent of th& impaimienl 5088 Ilf any). 1.8 Cash and oqulvalents Cash ar ca¥h equivalerts irdLwJe cash In hand, aewsii8 hehj at wth tonks. other short-t8m liquid Investments Wth onginal maturites of three morths Ix less. and bank overdraft& Bank overdrafts are sh¢M within borfowngs in currerrt fjaknlrties.
FEEDING COVENTRY CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 Accountlng pollcies {Continuedl 1.9 Flnan¢bal Instruments Th8 charity has elad to 8ppty the probrfsions of S8dion 11 '8asic FirwiciJ Inslrumonts. aTrJ SKUon 12 'Other Fwwncial Instruments Issuo5' of FRS 102 to all of rts ftnanaal instrument& Flnanclal Instruments are reJnI$ed in chantys bolarth th88t the charrty bocy)me8 paty to the contractual prow8ion8 of the instrument. Financial a888ts •nd Ilablb.e• arg offse( rftrt Iha rf arnftts pre8errted In the finaal ststements, when therg Is a legally enforceable rigm to set off the recognised amounts arKI thwe 18 an intention lo settie on a nèt basis or lo realise the asset and setue thé Irabilty Baslc Ilnan¢lalassets Basic fin8ncio1 assets. vthkh Ind dfjbtorn and sh and bank balances, are Inlttalty mea8ured al Irat)sath'on price indudiThJ tr88¢.0 costs and we subsequently canied al amortised cost using the effective inter•8t method LMIS arrang•ment con¥lrtutes a finanong 39C0n. where the Iransactlon 18 measured al the present value of thè fiJtur8 receipts diseounlJ at a market rale of inlere¥t. Financial assets clas&fied 88 receivable within yw 8ro not aMtiwJ. 8aJk financl•l Ilabllltles B•wc finaneial liabdilles. IdI ctsJtt(x8 8rKI bank loans ara inib.alty ro¢ogni8od 8t tran88Ctlon price unle88 the arrangement constrtutes a finarKing transadkn, the debt Instrument is measured at the present valLb8 of the future payments disctsjnted at a market rate of wtsrest. Flnawal Iiabiliti88 ¢lsssifi8d as payable wllhin one year are amortwed. Dobt instrum•nts are 8ub8équ8nty Cri•d at amOrti coo( wng the offttlve Inlerest rale method. Trada ¢reditor8 are obligatk)ns lo pay lor goods or seTrOces that have been aequired In tho ordin8ry eourse ol operations from SUpplr8. Amounts payaèl8 are classified as ojrrent liabilltl88 if paym8nl 18 due within one year Of le$8. 11 not. they are presentad 08 rrrf8nt Ibabllrfs. Trade uedrtors ate recognlsed Initially at Iran6aGtion and ejjbseq mea¥ed at amowbsed ct)st Ihe èffeclve interest method. D•rKoqnltlon olflnanelal liabilltl•s Flnanaal li"I"e8 we derenId the thartiy's uJitr8Lual ciligab'ons expir8 c arg di8ehgrged or canGelled. 1.10 Taxatlon The charty Is considered lo pass t 8Ot out in Pwagrw 1 StrUl• 6 of tr0 FinarK¢ Act 2010 and Iher8forg 61 moats thg defintln of a ¢h#iilable company for UK 0)rratk)n tax purposes. ACrdIngly, Ihe charity 15 POténb"ally exwnpt from tax•tpn in respect of tnccrfne or catal gains received wlthin (ztegories COV8red by Chapter 3 Part 11 of the C¥rporation Tax Ad 2010 or Sec'on 256 of Taxation of Chargeable GainsAct 1992. to the extent Ihat incon or gal appli•d oxclumty to charhabbe purposes. 1.11 Employ benellts The vjst of any unu8ed holiday enirfement is recxyJnlsed in ts pwloa in the employee's servlc8S a received. Temination twofits are recogntsa imrr£d• ag an expense vthen the drity is demonstrably committed to temiinate the em(loyment of8n emF4oyee or to teminaticn benefits. 1.12 Retlrnment benellts
FEEDING COVENTRY CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 Accountlng pollclg5 Icontlnuad) 1.13 Government Grants Gov8mment grant8 are recwiaed based on the aoJual m(xlel aTrJ are measured at the fair value of ih •ssel rec8ivod or rgCgiV8L4¥. Grants are dawfied as rel8tOng either to revenue or lo assets. Grants relatiThJ lo revenue a recognised in income over the 0d in vthich the relaleL1 costs are recognised. G(8nts relating 10 888ets are reCgniSed over the expe(ed usefid lrfe asset IMr9 part of a grant relats'ng to an asset is deferred, tt is rfjcognised as deferred ineome. Crltlcal ¥¢countlng •stimate8 and Judg•m•nts In th• #PF41On of the charW¥ tOuntrng lirA, Ihe tNstee8 are required to make Judgements, eBllmates and assumW"or about Ihe c•ryirvJ anounl ol 888¢1s and Ibabilrties that are Ml readily apparent from other source$. The estimate8 and associaled assumOJ"on8 are bas&J on historical experience and other faL#ors ¥)at are co0ered to be r•1evanLACkn rewtts may drffer from these estimates. The eslimales and underfw'ng aÉsumpkn'ons are rewthd t)n an orooing basi5. Revisons to ac¢¢unting estimates are reccrfJnised in the period in the e4imate Is remsed vther8 the rewwn affects only that period, or in the peric4J of the mi8ion arKI fubjre pwi¢>Js where the rewslon afferts brAh current and futur& p8riod8. tk>natlon• and 1•g•el•• Totsl nd• lurKIs fiJnd8 20 20 2021 2020 2020 2020 rh)natlrMs arKI glfts Grants received Room Hire 5,442 66.661 101,145 514,7LM 1,978 1¢A.587 581.365 1,978 4,881 4.881 93,880 93,680 72.103 817,827 689.930 4,681 93,680 98,381 Donadons and g1ft8 CnationS Bare Necesslties Parc818 Chnstmas Hamper3 Covi&19 Emergency Food Parcels Groatlvo V¥bIll19 5,442 57,701 2.5SY) 1.474 83.143 2,590 1,474 4.681 4,681 38,4W 38.480 5,442 101.145 1(.587 4,681 4.681 10-
FEEDING COVENTRY CIO NOTES TO THE FINANCIAL STATEMEKrs {coKriNUED) FOR THE YEAR ENDED 31 MARCH 2021 Other tradlng actlvltles nds funds 2021 2020 Sup8rmath6t In¢ome 27.538 3,000 oth•r In¢om• Total Unrè8tricted funds funds fund¥ 2021 2021 2021 2020 othèr ineom• 3.139 8.021 89 Rat81ng fund8 Total funds 2021 2020 0th8r fundraing costs 13.100 13,100 11
FEEDING COVENTRY CIO NOTES TO THE FINANCIAL STATEMENTS (coKfiNUED) FOR THE YEAR ENDED 31 AIARCH 2021 Charltable actlvldos Soel•l 8uper- market 2021 So¢5•1 8uper- markÈt 2020 Staff costs D8prèdati¢)n and ImWm Food Equipment Gas. 818Ctrlty & water In$ur8nce Maintenance costs Offlce adminislralion Légal and prof688ional Proje¢l managemont 88nk Charges Sundrig¥ Motor & travel expen8e8 Unr8coveT6d VAT Packaging & delivery Fare8he membershl) 65,486 11.652 263.598 39.343 12.244 3.554 24,010 1,68Q 37.181 5,497 5.369 5,533 276 8,730 8,608 5,383 748 5,719 46,995 13 931 407 3,914 2,225 3,199 5,817 6,559 480,878 89.802 Qranl fundlng of ac#tvttte8 (see note 8) Share of govemance cost$ (see note 9) 27.938 300 3.525 200 508,914 93,527 Analysls by fund Unrestrictèd fvrxls Resldcted funds 30,317 478,597 79,591 13,936 508.914 93.527 12-
FEEDING COVENTRY CIO NOTES TO THE FINANCIAL STATEMEKrs {coMriNUED) FOR THE YEAR ENDED 31 MARCH 2021 Grgnt8 & don#tlons pald Soclal Super- m•rkot 2021 Social Super- matkel 2020 Grants to insl¢iut*)ns17 grts) Henley Green Communtty TrLOt St Francis ofAssisi Churth dermoor Lrte Centre Wllenham Food Hub Ch8yl8smore Community Centra Canley Community Centre F••d the Hungry 9,360 1.620 1,620 2,160 1,920 2.400 20.040 7.898 Donation8 3,525 27.938 3,525 13-
FEEDING COVENTRY CIO NOTES TO THE FINANCIAL STATEMENTS (coKfiNUED) FOR THE YEAR ENDED 31 MARCH 2021 10 Trustees None of the trust•t$ (or pers($ (ner1ed wth them) rocelved remunw"rM or benefits from the charfty during the year. Payments of£4,211 were madg to M¢IC Inrthiata Limite(l. a oynpany Gavin bble Chvn5 90% of the 18sued capitd. This was for proi•c manogemont At ts M•nce oheet dale amount dut tolfrom Mosaic Innoval& Lknrtgd wa8 £Nil (2020 £NIll. Paymen18 of £684 vmre to Vortex Crgates Limitwj. vhich 18 8 MpanY Marlanne Tawner ¢Y4¥ns 50% of issued cowtsl. Th18 was for 8UPWt dec(Yaion and Covh19 equlpment. Al Ihe balance sheet dale the amount due tolfr Vcrftex Creales Llmited £Nil {2020 £Nil). Gavin Kibblo work8 F••d the Huwy. The CW mgd• a m In th8 year lo them for £2,400 {2020 £NILI. Faye Abbott is a160 a Coventy Cty CourKillor. Tr tharrty recved 8 number of grarlts tr¢Jm Covgnty Councll In the year vhich lotal £126.86512020 £2.5). 11 Employ•o• The average monthty numtjer olemrAoyee8 durlng the yew vras: 2021 Numb•r 2020 NuMr Administration Soa81 sUp0arket Tol81 Employment co¥ts 2021 2020 geg antt 8010ri88 Soclal secuthty costs other penson $ts S.CE3 381 73 4,278 626 65,496 5,497 The key managemant l$onr ofth8 tharity comixbe Ule trusle¢8 afKI the operation manager. The total remuneration of key man8gemenl personnel dwing the year was £29.008 (2020.. £3.493}. There were no emJoyees vh¥)$8 ann1 r8mUn0rat than £80.000. 15-
FEEDING COVENTRY CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AIARCH 2021 12 Taxatlon Th8 charity is a regi*ernd charty and is ttrwefore exempt from taxation. 13 T•nglble bryxed assets TrAal At 1 Aprll 2020 Addrtions 24.978 18.743 747 878 25,725 30,098 10,477 At 31 Marth 2021 10,4 43,721 1.625 55,823 Oepr¢¢latlon and Impalrmmt At 1 April 2020 D8pr8¢iab'¢)n charged in ts year 374 812 8,744 9.558 At 31 March 2021 13.739 1,188 17,020 Carrylng amount At 31 Marth 2021 8.382 29.982 439 38,803 Al 31 March 2020 19,983 373 20,356 14 Dobtorn 2021 2020 Amounts falllng dug wlthln on• y•ar Trade debtor3 Other debtors 22.558 7,894 30.452 16 Cr•dltor•: amounts lalllng du• Thlthln on• y•ar 2021 2020 othèr taxation and 8odal s$1 Tradg creditors Other creditors Accruals and daferred irK(Yne 27.831 1,388 300 28,991 1.688 16-
FEEDING COVENTRY CIO NOTES TO THE FINANCIAL STATEMENTS {coMfiNUED) FOR THE YEAR ENDED 31 MARCH 2021 16 Rellrnmont b8nofft schem8S Dollntd contrlbulJoTr Schemos Thè Charity opetates a defined contributs"M penc sctheme for all qualfying emthees. The a5$9ts of the 8¢heme are held separatety from ltrth)88 ofthe dwrity in an indepeY admiNstered fund. The tharge to profft (Y loss in resped of defined eonlrtth Wds £628 (2020. £73). 17 An•ty•l• of nvt a••ots fvndB Totsl fund• 20 funds funds 2020 fund8 2020 2021 2020 Fund bdances at 31 March 2021 we r8pr8serttsd by.. Tangible asset8 Curronl as88ts1 Iliabilitses) 24,561 14.242 38.803 20.356 20,356 38.4S8 183,8(¥) 222258 17.792 21,438 39,230 63.017 198.042 261,059 38.148 21,438 59,586 18 R•lat•d pjrty tranucllon8 There wern rK* dlsdosat4e r•l•tod paty transactton6 durlng Iha yw (21r20. none). 17-
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