roud Distrirt Fo bank Reglstered with the Charity Comrnission for England and Wales no. 1176306 Re ort ftheT steesfoTtheY rfroml ril 202 0 31 March 2024 oBJE￿IVEs AND AcTIV￿lEs The objertives of the charity are: The relief offinanciol Iwrdship on70ngstpeople in Stroud Dlstrictond the surrounding areo or in otherparts of the Unitèd Kingdom in such ways as the tnisteesfrom time-to-time thinkfit. in particulor. I￿t not excluslvdy by.. o) pn7viding emergencyfood, essential toiletries, ond household items to indwiduols ondfamilies In need ond/orfor distrii¥Jtion by ch¢7rities orotherorganisations working to prevent or relievewverty bj such other meon5 including (butnot limited to) the provision of support0rs1gn￿stlfjg to relevont infvrmotion ond other odvisoryservices. stroud Distrlct Foodbank exists to provide emergenry food and support to people in crisis. Stroud District Foodbank is part of the Trussell Trusys network of foodbanks across the United Kingdom, and works in collaboration with a number of agencies locally both in the distrlbution of emergency food and in signpostire clients to other specialist advice thèt they need. In carrying out these activitles. the trustees have had regard to the Charity Commission's guidance on public benefit. REFERENCE ANDADMINisfRATIVE D￿Alls Prlndpal address Unit 19, Canal Iron Works Hope Mill Lanè Brimscombe Stroud GL5 25H Trustees Philip Coysh Brian Chapman Sophia Acland Pippa Medcalf Philippa Dickinson Lawrence Miller Alastair Kendall Chair Treasurer Independent examlner JD Frost ACA J D Frost Accountants 7 Links Wiew Ciren¢ester GL7 2NF Pa8¢ 1 Bankers Santsnder FINANCIAL REVIEW We have continued to benefrt from a 8enerous level of donations from our supporters which has 311owed us to meet the high dernand for our Services WlthoLrt depltting our year end cash resources. Inwme for the year of £453,063 was almost unchanged with a small dKrease of £5,6171l%l over the prlor year £458,680. Within this figure cash donations decreased by £36.276 and we had no repeat of last yeaes Local Authorlty donation of £50.(%5. Fortunately donations of foodi Partlcularly dirertly from supermarkets, increased substantially by £77.617 offsetting these reductions . Expenditure of £452,556 showed a significant increase of £81,380122%1 . Of this amount the largest item was donated goods £192,160, principally food, which increased by £74,143. This item represents the distribution to our clients of food donated by individuals, supem)arkets and other organlsations. Partly as result of the high level of donated food experienced our need to purchase food decreased from £94,937 in the prior year to £87,692. The above items resulted in a marginal net infiow of £507 taking our funds on hand at 31" March 2024 to £552,369. Of this amount £5,035 is restricted to futurè expenditure on our new distribution hub based in Nailsworth. As per last year the accounts have been prepared on an Accrua15 basis. ACHIEVEME￿5 AND PERFORMANCE The food bank's objectives continue to be met by collecting food donations from many different places including supermarkets, Churches, workplaces and schools land through seasonal colle¢tions1, sorting the food at the warehouse and distributing food parcels to those in crisis. Clients are referred to the food bank by one of around 90 agentles, mostly care professionals who identify people in need of emergency food and issue them with a food bank voucher. Special food 'hamper5' are also delivered to clients at Christmas ènd to cover xhool holidays. In the last year we have opened lor reopened) a number of food centres and now have 9 centres across the distrirt where people with vouchers can come to receive food and support. The centres provide valuable opportunity tQ WfKk alon8slde other a8encles and community hubs zo offer addltsonal serwces, as well as well-being and emotional support. During the year. the food bank employed 4 staff members as well as funding a Citizens Advice worker and a P3 sUPPOrt worker, both of whom regularty visit the f¢)od bank centres and are engaged solely with food bank clients. By being able to offer the above services to our clients we aim to help them become self- sufficient and thereby reduce their continuing need for emergency food aid. The total number of f<)od parcels delivered during the year was 8,835. a small increase of 2% on the previous yearfs figures but a large 81% increase on 2021-22 figures and a huge 144% increase compared to 5 years ago. We are very grateful to both our small staff team and our lar8e body of volunteers who work tirelèssly to ensure those in need receive the support they nted. Pa8¢ 2 PLANS FOR FUTURE PERIOD5 The Trustees are very mindfvl of the continuing economic pressures on oui local community and Intend to use our resources to meet their needs where we can appropriately address them. With this in mind the Trustees hève held a number of strategic sesslons to reconsider our vision and strategy. Our restated vision is to eradlcate hunger and fcM)d Insecurrty from our comrnunrties as we work towards a future where the food bank is no longer a neeessity. Whilst we will continue to provide emergency food for as long as it 1$ needed, we will also work alongside OUT partners to provide practlcal advlce and support to people, helping people build their finanual and emotional resilience. we will partner with local stakeholders to promote access to nourishin8 food and essentials for everyone and we will foster community en8agement, advocating for policy changes which address the systemic factors contributing to food insecurity- With these goals in mind. and funding and support from the Trussell TrusL we plan to employ a new member of staff to work on our participation. community engagement and pollcy change goals. We have prepared a budget for the current year which shows we are likety to diminish our cash resources partly as a result of fundin8 the CA and P3 speclallsts but also from the increasing need to purchase fwd to rneet the very high level of dient food requests. These are very appropriate uses of our funds and fully in linè with objertives to reduce poverty and food insecurlty In the districL srRucfuRE, GOVERNANCE AND MANAGEMEt Governln8 document The charity is a Charitsble Incorporated Organlsatlon, and its governin8 dwurnent is its constitution, which was registered with the Charrty Commission c#1 15 December 2017. Appolntment of trustee5 Every trustee must be appointed by a resolution passed at a property convened meeting of the exlsting charity trustees. In selecting individua15 for appointment as trustees. the existlng trustees must have regard to the skills, knowledge and experience needed for the effective admlnistration of the charity. Rlsk management The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure that appropriate controls are in place to providé reasonable assurance against fraud and error. Custodlan trustees The trustees do not hold any fund5 as custodian trustees on behalf of any other body. Declaratlon The trustees declare that they approved the trustees, report above on i Signed on behalf of the charivs trustees by Phllip C Brian Chapman Trea5urerl Page 3 Independenl exwminer's report to the trustees ofstroud Di$trici Foodbank CIO I r¢pnn on ihe llCLuiillis lif ihL" Trusi for the year elided ! l March 21)24. which Lire .scI oui on Ihc lolloi¥ inb PiibV¢S. Re8P¢ftive r(￿ponSibIlI¢jeS of trustees and examiner I'hL iharit) s IruslLLS ftrc rLspon%iblL r()r ihL prep4ifdli()n of ihe aceounis. 'I"hL choriii s iyusicc (Trn%iil¢r Il)ai (Lll aiidil is nibi r¢'quired lor iliis Near widLf SLYtion 1441-1 ol- thL LliariliLS ALt ?01 I Iihe 701 l Aitl ￿*17(1 ilial an indLPLndL'nt Lxaminalii)n is nL￿(led. li is iiii. rL'sponsibilil!' to- exdmin¥ IhL accaunls under seLlii)n 14) of the 201 l Act- io l(Illt)¥% lh¥ pr{￿Ld￿riS laid do￿.￿ in thL g¥nirdl Directions given b). the C'harity C.onimi85ii)n uiiJ¥'f.4LLlion 145()Ilbl ofthe ?0 I I ALI: and 1<1 siale M'hLII)Lr particular malll'rs hai'¢ come lo m). atlenlion. Ba*4i¥ of independent ex&mlner's report Mi, cxamination L to the8e acGount8. The accounts have been prepared in accordance wlth.. the Statement of Recommended Practice: Accounling and Reporting by Charities preparing their accounts in accordance wtth the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 • and vlth. and with. the Flnanoal Reporting Standard appIl￿ble in the United Kingdom and Republlc of Ireland (FRS 102) • and V•ryth the Charities Act 2011. The charty constitutes a publlc benefit entlty as defined by FRS 102." -Tick as appropriate 1.2 Golng concern tt there are material uncertainties related to events or conditions that cast significant doubt on tho charity& abillty to contlnue as a golng concern, wease provide the followlng details or state "Not appllcable", if appropiiate." An explanation as to those factors thal support the conclusion that the charity is a going Disclo$ure of any uncertainties that make the going ￿nCern assumption doubtful: Where accounts are nol prepared on a going ncem basis, please disdose this fact together with the basis on thich the trust8es preparea the accounts ana the reason why tt)e charity is not regarded as a gcing concem. 1.3 Change of accounting pollcy The accounts present a true and fair view and the accounting polioes adopted are those outlined in note { }. Yes. No" -T1￿ as apkNDpriate Please dlsclose." CC178 (Excel) 25K6r2024 (IJ the naturn of the change In accountlnp wky," From r￿l￿S and paym9nls to the accruals method. (li) the reasons why applylng the now accountlng polky pmvld•s n￿1? reliable and morn relevant Info￿adOn,. and Tumoverfor ts CIO has 8xc*Jed t2￿,C#)0 this year so th& accruals method is now required Ciii) tho amount of the adjustment for each Ilne affected in the current period. each prior periodpresented and the aggregate amount of the adjustment relatlng to periods beft•re thoso presonted, 3.44 FRS 102 SORP. 1.4 Changes to accountlng estlmate8 No changes lo accounting egtim8tes have 0￿rred in the reporting period (3.46 FRS 102 SORP). Yes" No" -Ti¢k as apwopriale Please dlsclose.. (IJ the naturn olany changes," (11) the effect of the change on Income and expenso or assets and liabiltties for the current period.. and (Ill) where practlcable. th8 effect of the change in one or morn firturo pwiods. 1.5 Materlal prior year error¥ No material prk)r year error have been identofied in the reporting period (3.47 FRS 102 SORP). Yes. No" -Tick as appropriate Please dlsclose.. ) the nature of th• prlorp•rlod emir," CC17a IExc811 25106r2024 (10 for each prlorperlod prnsented In tho accounts, the amount of the correctlon for each account line item affected,. and iii) thé amount of tho correctlon at the beginning of the earllast prforperlod prns8nted In the accounts. CC17a (Excell 25￿￿2024 Section C A¢wunting policies 2.1 RECONCIUATION WITH PREVIOUS oeNEIIALLY ACCEPTED ACCOUNTINO PRACTICE EThJirf PAtrTr Cc17•{&￿) spr.lion C Note 2 2.2 INCOME IIK• mu%1￿￿ue•Jntsè Meaw[*d￿1th•tha8rt rdW. FR8 1W2 8ORPc< FR8 1 Gr￿ts c¥thMare motl&10toS.12 FR8102SORPI. ff*ri5.16 FRS 1W2SOR Tax Melth gr￿ts thèfDw tr*ywe on r•ww. Inth•rvprth pwk)I Etrthireththb&ets. bWor* rewJnwd 86 Vththrhdp 2.3 EXPENDITURE AND UABILIMES Mfflott l*dytrAn rd thatfvr•r6 a orpw e4fv#, 814ff ¢¢•t8bytr* tim? 8ptrrtar￿ [thrCo*8bytr•r￿9E. We w*rtlFql•nAN•kgh ¢knDrrkn￿tO 11.7 FR$1LtSC4IP. h••pw 11.17 1• 11.19, FR81￿2 SORP 2.4 ASSETS T•ThJI￿• •TrJ oxt bYC￿th¥ 8locks￿d￿O1* In Sc'ciion C Noies to Ilie accoui)Is AMly•ls of Incom• fund TOtslfithd# Prkny• 237 037 d lryacles.. Gift *4d TDJsts LoGal authortoos ermarkets Donated ood6, f4dlib"è6 8nd 8onths Olher 191.159 19,997 396.484 191.159 19.997 433.984 113,542 29.598 455.953 Total 37,500 Funth 176 178 T￿￿1 1,079 Totsl Irrtere*kncom• T(rt•l 18,0 Total TOTAL INGIXE D¢n*on8 and ofo 01£30,[￿). CC1folEx¢dl Sectioi) C Notes to thp accoiints N¢)te 4 l)onalod goods. facllltle8 and swvl¢ Th1* >vr La8t y•ar 8frGonded stsff of prpperty Other 191 159 191 159 113542 113542 Thi• y•ar Donabj sto¢k1s va￿￿1 on a pgr kilo t•th Pl•aM provld• d•tsils ofth• ￿￿o￿ntIng polky forthe r•cognition Ind valuation of donat•d goods, f4¢llltl•s •nd ser¥ic•s. Donatwj Stock B valutsj OTr a F4r kllo basis Please giw d•t4il• of oth•r forni* of other donated goods and 8ep4fjc•s not rttognis•d in the a¢courtts, eg Contribution of unpald T￿l￿nt•9￿. VoluTrtw hour5 atNJunt to 24.gjo hours which at a nwnlrwrn w8g8 of £10.42 w hour eq to a contr1￿00n of £255290 Vduntsor hours arrnunt to 22.OLKI hours whith at a winitt>urn w4ge of £9.50 per h equatss to 8 LY)trfribJtion of £209.( CC178 (Ei¢•D SLCtion C Notes lo the accoiJnt5 Not• S Analy3ls of expendlturtr ywr Last ATratyslB on Mlsln fvnds: FuTrJiaNn Total exp￿￿￿￿9 on r•knkn9 fund• EXp￿dI1￿1• on ch¥rit#1￿￿ #t￿1￿￿￿. Saaries & tr91r￿n ont 484 484 Cortum8t4 Putii Ath)Inlrunni 11,245 197 10.367 10,367 Trt ratsN & 42 IrAur•nce 1S 31 118017 118017 Gr8nts & thnab'c Totsl •xp￿dI1￿￿ on charl¢abb• 31 371 176 Oth•r Interest Id Totsl oth•rwtpRndilur• TOTAL EXPENDITURE 421,529 31,027 452.557 339.8S¥] 31,286 371.176 CC17a (Excdl Section C Notes to tlie actouiits Noto 6 Detsll8 of certaln Itom of •xpendlture 6.1 F••$ for •xamiMiion ofth• aecouTrts Please provld• d•l•il• of th• •mountpaldfor•ny st•W •xtsmal•¢nrtlny ol a¢¢ounts and Other••rvk￿ pmvid•dbyyourin(hpndentoxaminer. Ilnothlng w•¥ p•ldW•M• •nt•r il'ln th• •ppmprfat• bo*f•8J. Thi¥ ￿&r Last ￿ar Ind•p•nd•nt •xamin•rf• fe•• 650 600 A•$Urnn￿ ••rvi¢•• oth•r th•n audit or ind•pend•nt ¢x•mln•tlon T•x •dvi8oryt••8 Oth•r f••• (for•xampl•: flnancill *dvic•. ¢oMuM*n¢y. aeeountsn¢y Mr¥ic•sl pAld to th• independent emaminer 600 CC17a IExGd) 12 Sectioii C Notes to the accolllits Icontl Note 7 Pald employees Please complete thls note rfthe charity has any employ60s. 7.1 Stsff Costs Thls year Last yoar Salaries and wages Social $g¢urity costs Ponslon costs Idofin•d contribution schome} Other omployee bengfrts 74.794 879 2.244 64,333 1,930 Total costs 77,918 Pleasè giv• detaHs of the number 018mployees whose total employ0• benefits (￿cluding employer penslon costsj fell wfthln oa¢h band of £10.OtW fmm £60.000 upwards. Mthere ttre no such ￿nsactIOnS please enter Yrue. In the box pmvidod. No employees received omplO￿ benellts (excludlng employer penslon costs) for the reporting perlod of moro than £60,1)00 66.263 TRUE Band Number of em This y•ar Last y•ar £60,000 to £69,999 £70,000 to £79.999 £80,000 to £89.999 £90,000 to £99.999 £100,000 to £109.999 Thls Last ar Please provldo Ihe total amount pald to key management porsonnol (includes trustees and s•nior managemont) for tholr Services to the charity. For specific amounts pald to trustees, see Not• 28. 7.2 Average hgad count In the year Thls year Numb•r Last year Number The parts of the charfty In whi¢h th• employees work Total CC178 (Excel) 13 25Kfjr2024 Section C Note5 to tlie accouiits Note 8 Dofined contsltxrtion wslon •ch•m8 or d•fin•d bonefft xhem• aGcountod for u a definod contrlbutlon scheme. 8.1 Pl•av ¢ompl•l• th1• not• Ila d•fln•d ¢ontrfbutlon p•n•lon Kheme l• opernted. This y￿r L48t y•ar Amount of ¢otthlbutlon• r•cognl••d In *h• SOFA u an •xyn 2.2 1,930 ¢C17a (Exeel) 14 Section C Ni)lo.s lo tl)e accounts Note 9 Grnrtmaklng This year: 9.1 Analy%￿ ol grnnts Ilnelud•d In co4t ol ¢harllabl• aClMl1••1 Grnntsto In•tltutl¢)ns Analy41s Grnnt•to Indlvlthi*l• rt Colts Totsl Grant8 28,041 28.041 9.2 Grnnts ffodè to Initllullonty Pl••s• provld• d•t•Hs of ¢h•ty* My ¢harfty m•do gran1¥ to pafftularlnsthrtions thatar• ft7at•h&lln th• ¢onto¥t oflts gr8nimakln& D•l•lls olth• In¥dthrtlon ¥upporte4 puryJo¥• olfh• 9￿￿￿dtotal￿ldtQ •aGh in•titithn 18 •vall•bl• on th• ¢lJ&tlty* •lt Nanws of Institutlon PuryK•8• Total amount ol ¢￿￿n$ *roud ond Cot**old$ ¢8S•WOrterto help with ffin8nual *d￿tt 14.Ir28 P3 P•opig Pthntlal Po55trJilfl6es Fr*)dbank Support Worker to a￿l$t wlth housing issues 14,013 to in8thth¥ In remngp•rtod O*MrUn•n•tys•dg￿tr 28.041 TOTAL ORAfiTS PAIO C¢179 IExe*ll Is 29C6IyJ24 L4¥t year. 9.3 kna Includ•d in cost of c￿￿1*b￿ actlvltl•s Grnntsto In•Otutlons Grnntsto Indfviduals &•p￿rt costs Totsl Grarts 20,292 20.292 20,202 20.292 9A Qrants m•d• to In•tllullon* Pl•ag•pmvld• d•tell8 oleh•rl URL ¢ont*¥tollts gr*nfrNklng. D•t•ll* ofth• In•titullon ¥upport•d. puw• ofthe gY•nt•ndtotalpaklto •4¢h Instlththn {* •v•M•lJl• on th• ch*'s w•b ¥ft•. Nwm•s of Instllumon Tgtsl amount of Citizen8 Ad¥Ac4 st￿Ud and Cots*olds Ern￿O￿nt ofso¢ial welfare thsor 20,292 Toi•lgr•nts ts in•UIuiion• In r•portlngp*lod 20,292 TOTAL GRAIITS PAID 20 292 CC17• IExcdl 18 SectlOFI C Nute5 tv tlie 6LCOUlItS Nots 10 Tanglblg fixo11 as80ts Please compl•l• noto Ifth• charftyhas any l•ntybh Ilx•dassds 10.1 Cott OrV*lu￿1￿ Fréehold iaThl & lyJlldlr¥Ji Other 18nd & bulldifig8 Plart machln FIX￿r•s. littlThJ• arwj equipmont Total d I)￿10r vehkl At the tyeginning ollhe year Aildltlons 5.000 9.840 22.110 9,720 27,110 19.580 Revaluatk)n8 Disposals Translers. At end of thèyear 14,810 30.921 45,761 10.2 O•prn¢*tlon *nd ImpalrnMnts SL or RB (SIra￿Jhl Line or Reduoro Balance) OIRB Rat• 2Y 25% At beglnTrln9 of tho yèar DSsposals 2.891 9,7 12,851 525 525 Depredalk)n 527 3,615 Irnp8iment TranslefS- At end ofthe 3,418 12,323 15.741 10.3 Nèt book valu• Nat valw atth8 Wknn4ng ofthe yyar 1108 12.3SO 14,4S9 Net book valu• attho ond olth• yèar 11,422 18.597 CC17• IExcall 17 Section C Notes to Ilie accolirits Note 11 Stocks Plgase ￿mPlete th1$ note Mthe cli&rftyholds anystock it￿$ 11.1 Plea•• 8tate tlw catyng (rf Stock and th In progross anaw bOt￿n acllvltl•&. Donatsd good8 Work In progr••8 For dl$trlb4rtlon For r•sal• For dl•trlbuti For YMal• Ch•rltablg acllvltl••: 5.928 10,777 191,159 1192.1601 Add•dln p•rlod 53,619 156,8761 l•npalr•d 1671 9,776 Cxher tradlng aetlvlllM: Owlng Addedlnpwlod Imp•lr•d Op•nlng A(Id•dlnpwA)d Imp•k•d Clo•lng T¢)tal th1• y4ar 2.671 9.776 5,928 10.777 CC178 (Exc 18 Section C Notes to tlie aceourits Icoiiti Nots 12 Debtors and prepayments Pleaso complete thls nt)tè rfthe charity has any debtorn orprnpaymonts. 12.1 Analy•l• ol debtorn Thls year Last year Tr•d• debtor• Prepayments and a¢crued Income other debtors 15,373 20,257 15,373 20,257 Tot*1 CC17a IEx¢•ll 19 25i¢XR024 Section C Notes to the accounts Iconll Ntste 13 Creditors and accruals Please complete th18 nots rfthe Chaiity any creditors oraccma 13.1 Anaty81s of credltorn Amounts f•lllng duo wlthln one ar Th18 year La•1 ￿ar Amounls falllng due after more than one year Th1$ year La¥t year A¢cNal8 for granti payabl• Bank loans and ov•rdr•ft• 10,t Trade credltorn Payments recelved on •¢Gount for contracts or p¢rfoTrnanGwelaled grnnts Accrual8 and deftrrtd Incom• Taxatlon and I￿la1 •e¢urlty Other credltorn 8,7&8 1.431 2.533 495 4,733 50 Total CC17a (EX￿1) 20 251(612024 Section C Notes to the accoui)t5 Note 14 Cash at bank and in hand Th1$ year Last year Short t•rm cash Inv•8tmonts (108• than 3 montho malurlfy d•t•) Short tsmi deposlts Cash at bank and on hand Other Total 56,012 453,014 Tr,929 446,455 CC17a 21 25ICé12024 Note 15 Tran8xllon& wlth trwt¢p• and rela1￿ parllo5 15.1 Truskn• r•MUn•r￿0￿ and bon Th1• TRUE LW TOTAL ord•r, gtyMmlTra TRUE twlth thdr ¢h•rftyw 4 rglat•d enUtyffpJ• Lwjal WO￿tty{wj ord•r, gtrrftmlrvj TOT N•mDoftru¥lp• qw 1S2 Tru¥1￿, •xpww• t¢17* (Exth TRUE T)PEoT•xpwAM MlmtrJNJJ TN¥ SuW$te￿• oth•r ¢k*aye 1&3 Tr4n•thrf•l vAth TN• ygaf BIL￿at thartty at p￿0d•Th￿ durlrvj reporflrvj LMt y•Ar Plambotlh•trwta• ofthe tran￿￿onI*l wrftt•n off durf kA)rtlrKJ to thArfty J• 171 Fx Sectioii C Notes to the accounts Icontl Note 16 Alditional Disclosures The followlng are slgnlficant matters which are not covered In other notes and need to be Included to providè a proper understanding of tho accounts. If ther• is insufficient room here, please add a separate sheeL CC17a (Excel) 24 251{￿24