## ## ## ## ||||Page| |---|---|---|---| |Trustees'
annual
report|||| |Independent
examiner's||report to the trustees|| |Statement
offinancial|activitieS||| |Balance sheet|||| |Notes to the financial statements|||| ## ## ## |Reference and administrative|Reference and administrative|Reference and administrative|details||| |---|---|---|---|---|---| |Registered|charity|name|The Feed Foundation||| |Charity registration||number|1176940||| |Principal ofhce|||Ground
Floor||| ||||78-80 Prince ofWales|Road|| ||||Norwich||| ||||NR1 1NJ||| |The trustees|||||| |The trustees|who served during||the year and at the date of approval||were as follows:| ||||JA Booth (resigned 16September 2020)
CJChalmers||| ||||A Driscoll||| ||||R Finon||| ||||J Rainford
(appointed|30April 2021)|| |CEO|||LParish||| |Independent|examiner||Mark Proctor FCA DChA||| ||||Lovewell Blake LLP||| ||||Chartered
accountants||| ||||Bankside 300||| ||||Peachman
Way||| ||||Broadland
Business Park||| ||||Norwich||| ||||NR7 OLB||| |Bankers|||Co-operative
Bank Pic
P0Box250||| ||||Delf House||| ||||Skelmersdale||| ||||WN8 6WT||| |Solicitors|||Clapham
&Collinge||| ||||35/37 Exchange Street||| ||||Norwich||| ||||NR2 1EN||| ## ## ## ## ## ## ## ## ## ## ## ||||2021|2021|2020| |---|---|---|---|---|---| ||||Unrestricted||| |||Note|funds|Total funds
f|Total funds| |Income and endowments|||||| |Donations
and legacies
Other trading
activities||4
5|134,059|134,059|83,242
663| |Total Income|||134,059|134,059|83,905| |Expenditure|||||| |Charitable
activities||6|(67,705)|(67,705)|(78,266)| |Total expenditure|||(67,705)|(67,705)|(78,266)| |Net income and net movement|in funds||66,354|66,354|5,639| |Reconciliation
offunds|||||| |Total funds brought
forward|||59,620|59,620|53,981| |Total funds carried forward|||125,974|125,974|59,620| ## ## ## |Balance s
31 March|heet
2021||||||| |---|---|---|---|---|---|---|---| |||||2021||2020|| ||||Note|F.|R||| |Fixed assets
Tangible fixed assets|||||19,709||29,682| |Current assets|||||||| |Debtors|||12|32,599||31,501|| |Cash at bank|and in|hand||75,526||237|| |||||108,125||31,738|| |Creditors: Amounts||falling due within|||||| |one year|||13|(1,860)||(1,800)|| |Net current|assets||||106,265||29,938| |Total assets|less current liabilities||||125,974||59,620| |Net assets|||||125,974||59,620| |Funds ofthe charfty
Unrestricted
funds|||||125,974||59,620| |Total charity|funds||14||125,974||59,620| ## ## ## ## ## ## ## ## ## ## ## ## |||||Unrestricted|Total Funds|Unrestricted|Total Funds| |---|---|---|---|---|---|---|---| |Donations||||Funds
f|2021|Funds
f.|2020| |Donations
Profits from The Feed Enterprises|||CIC|32,444
50,558|32,444
50,558|20,177
25,065|20,177
25,065| |Grants|||||||| |Grants
Local authority|coronavirus|support||10,000
41,057|10,000
41,057|38,000|38,000| |||||134,059|134,059|83,242|83,242| ## ||||||Unrestricted|Total Funds|Unrestricted|Total Funds| |---|---|---|---|---|---|---|---|---| ||||||Funds|2021
f|Funds
f|2020| |Fundraising|events||||||663|663| |Expenditure|on charitable|||activities||||| ||||||Unrestricted|Total Funds|Unrestricted|Total Funds| ||||||Funds|2021|Funds|2020| |Staffcosts
Rent
Training
Loss on disposal offixed|||assets||27,832
18,000
217
378|27,832
18,000
217
378|20,400
18,000
21,121|f
20,400
18,000
21,121| |Depreciation
Governance|costs||||19,418
1,860|19,418
1,860|16,945
1,800|16,945
1,800| ||||||67,705|67,705|78,266|78,266| |Analysis of|Governance||costs|||||| |Independent|examination||fees||||2021f
1,860|2020f
1,800| |Net income||||||||| |Net income is stated after|||charging/(crediting):|||||| ||||||||2021|2020| |Depreciation
oftangibh
fixed assets
Operating hase payments
Loss on disposal offixed asset|||||||19,418
18,000
378|16,945
18,000| ## ## ## ## ## ## ## ||||Leasehold||||| |---|---|---|---|---|---|---|---| |||improvemen
ts||Catering
equipment|Office
equipment|Motor
vehicles|Total| |||||r|||| ||Cost
At 1 April 2020
Additions
Disposais||24,790
6,109|16,427
2,327
(715)|3,388
1,387|10,600|55,205
9,823
(715)| ||At 31 March 2021||30,899|18,039|4,775|10,600|64,313| ||Depreciation
At 1 April 2020
Charge for the year
Disposals||11,744
9,146|5,808
5,406
(337)|1,494
1,333|6,477
3,533|25,523
19,418
(337)| ||At 31 March 2021||20,890|10,877|2,827|10,010|44,604| ||Carrying
amount
At 31 March 2021||10,009|7,162|1,948|590|19,709| ||At 31 March 2020||13,046|10,619|1,894|4,123|29,682| |12.|Debtors||||||| |||||||2021
f|2020| ||Amounts
owed by group undertakings
Prepayments
and accrued income
Other debtors|||||26,599
1,500
4,500|25,501
1,500
4,500| |||||||32,599|31,501| |13.|Creditors: Amounts|falling due|within one year||||| |||||||2021|2020
f| |||||||1,860|1,800| ## ## ## ## ## ||||At|1 April||||At 31March| |---|---|---|---|---|---|---|---|---| |||||2020|Income|Expendituref|Transfers|2021| ||General|funds||59,620|134,059|(67,705)||125,974| ||||At|1 April||||At 31March| |||||2019|Income|Expenditure|Transfers|2020| |||||||E||| ||General|funds|53,981||83,905|(78266)||59,620| |15.|Analysis|ofnet assets between funds||||||| ||||||Unrestricted|Total Funds| |---|---|---|---|---|---|---| ||||||Funds|2021| ||Tangible fixed assets
Current assets
Creditors less than 1year||||19,709
108,125
(1,860)|19,709
108,125
(1,860)| ||Net assets||||154,154|154,154| ||||||Unrestricted|Total Funds| ||||||Funds|2020| ||Tangible fixed
Current assets
Creditors less|assets
than
1 year|||29,682
31,738
(1,800)|29,682
31,738
(1,800)| ||Net assets||||59,620|59,620| |16.|Operating
lease commitments|||||| ||The total future minimum||hase payments|under non-cancellable|operating kisses are as|follows:| ||||||2021|2020| ||Not later than
1 year
Later than
1 year and not||later then 5years||4,500|18,000
4,500| ||||||4,500|22,500| ## ## ## |Related parUes|Related parUes|Related parUes|Related parUes|Related parUes|| |---|---|---|---|---|---| |The Feed Foundation
is the ultimate
controlling
party ofThe Feed Enterprises
CIC (company
08915020 which
is registered
in England
and Wales) which operates the cafe and catering
The following
related
party transactions
occurred
with The Feed Enterprises
CIC;|||||number
services.| |||||2021|2020| ||||||E| |Assets purchased
on behalf ofthe Foundation
Wages recharged
to the Foundation
Other expenditure
recharged
to the Foundation
Rent paid on behalf ofthe Foundation
Oonations
received on behalf ofthe Foundation
Grant income received on behalf ofthe Foundation
Profit transferable
to the Foundation||||9,823
27,832
2,017
18,000
3,428
50,558|1,456
20,400
23,680
18,000
2,152
18,820
25,065| |Payments
made in the year to Enterprises
Payments
received from Enterpdses||||29,849
25,065|43,000| |Amounting
owing to the Foundation
at 31 March
Turnover|||||| |The summary
financial performance
of The Feed Enterprises||CIC is:|||| |||||2021
f.|2020f| |||||265,684|281,212| |Total expenditure||||249,850|256,394| |Other operating
income|||||| |Profit|||||| |Amount
donated
to The Feed Foundation
by Gift Aid|||||| |Net Assets||||||