## ANNUAL REPORT 2023
Registered Charity Number 1177303
**Company Registration Number CIO13360**
Principal Office Northgate Hospital Morpeth NE61 3BP
CHAIR: Richard Charles Anderson TREASURER: John Rowley SECRETARY: Mark Facey TRUSTEES: Richard Charles Anderson Peter Robertson John Rowley Mark Facey David Binns Richard Scholfield Linda Fugill (resigned 8 Sept 2023) ASSOCIATES: David Lea Sheila Rowley FOOD BANK CO-ORDINATOR (Salaried): Claire Slater Helen Griffiths INDEPENDENT EXAMINER: Wellway Accountants Limited Borough Hall Wellway Morpeth NE61 1BN
2
## **Chairman’s Remarks**
Again, this past year has been a great challenge and has resulted in the highest ever need for food from Wansbeck Valley Foodbank (WVFB) in our 11-year history.
During 2023 we have employed two full time staff to help with the administration of the Foodbank. Also new Trustees joined us in order to expand our skill set. Our collection point at Ashington YMCA, now in its second year, is proving to be a success as many Ashington clients are collecting food parcels from this central point.
As our lease has expired on the Foodbank Warehouse, we have re-located to a temporary location still within the grounds of Northgate Hospital. These facilities will be used until the new permanent Foodbank Warehouse becomes available in Spring 2024.
A new larger delivery van was also purchased in 2023 to replace our ageing original delivery van.
I would like to thank all volunteers of the Foodbank. Those who have been with us many years and those who are new to us. Your commitment and efforts are greatly appreciated by the Trustees and the communities you serve. Also, I would like to thank Cumbria, Northumberland Tyne and Wear (CNTW) NHS Foundation Trust for allowing us use of their building as a warehouse and providing temporary accommodation until the new Warehouse is available.
A long serving Trustee, Linda Fugill, has recently stood down. Linda was part of the original group who first established the Foodbank and has worked in several roles during her 11years and the Trustees would like to thank her for her loyal and considerable time she has spent working for the Foodbank. We wish her all the best for the future.
During 2024 I look forward and hope that change for the better will come and ease the need for a Foodbank but until that happens the Foodbank will continue to offer help to everyone who needs it, with compassion.
Richard Anderson
Chair of Trustees
3
## **Trustees’ Report**
## **OBJECTS AND AIMS**
Wansbeck Valley Food Bank is a registered charity, set up to prevent or relieve poverty or financial hardship in Northumberland. The charity achieves its aims and objectives, in particular but not exclusively by:
- The provision of emergency food parcels, items, services and facilities to individuals in financial need
- Contributing to and co-operating with charities and other organisations working to prevent or relieve poverty within Northumberland
## **OBJECTIVES, STRATEGIES AND ACTIVITIES**
Should anyone doubt the need for food banks in our community then perhaps it’s worth noting that our local grocery wholesaler considers that of all their major customers WVFB ranks among their biggest spenders. To meet client demand, in 2023 we purchased food to the value of £125,000. Add to this all the food donated in kind then the value of food channeled into our community by the food bank was £348,000, a 51% increase on the previous year.
Alternatively, consider this as being over 131,000 meals supplied to clients, which is 14% higher than 2022.
According to figures released by ONS, the price of food rose by 9.2% in the year to November 2023. As expected, those already reliant on benefits or experiencing problems with health, accommodation, family circumstances or a combination of these factors are the most likely to find their incomes stretched beyond their means.
In 2023 we reverted to pre COVID practice where food parcels are only issued on receipt of a referral made through one of our partner agencies. Self referrals are no longer accepted. This way the client is more likely to receive guidance and help to resolve the underlying reasons for their dilemma.
4
In line with many other food banks, it has always been our policy to provide 3 meals for 3 days for each eligible individual in the household. The number of return occasions is ostensibly limited to 3 times per year. In special circumstances we extend help beyond 3 days and 3 occasions within a 12-month period.
It is noticeable that 80% of our clients are being referred to us on a regular basis indicating no immediate resolution to their situation. One of the main aims of the food bank _“is for the provision of emergency food parcels, items, services and facilities to individuals in financial need.”_
It remains a major concern to us that that some clients are using the Food Bank to supplement their income rather than for an emergency. We continue to monitor and liaise with our partner agencies on how best to assist our clients needs in such circumstances.
Mid way through 2023 we noted the reduction in volume of food donated combined with the escalating expenditure on food purchases suggested that left unchecked we would incur a significant overspend in 2023. Although reserves are in place for such eventualities, we began a program aimed at assessing the composition of 3-day and 7-day food parcels in terms of nutritional value, quantity, client ethnicity, and purchase cost. In addition, a review of our stock replenishment procedures was initiated.
We also initiated discussions with community agencies to explore ways in which we might diversify client support. These initiatives are ongoing.
For five years we have been operating out of the former mortuary at Northgate Hospital [renamed Northgate Park.] Now our tenancy has finally come to an end. Being aware this was to happen; we have been actively looking for alternative accommodation throughout 2023. If little else this exercise has emphasized the generosity and hospitality provided by Cumbria, Northumberland, Tyne and Wear Hospital NHS Foundation Trust [CNTW]
In parallel with our search for alternative accommodation, CNTW has again come to our rescue by offering to find us room in its flagship re-development of Northgate Park. We are deeply indebted to CNTW and look forward to this next stage in our joint collaboration.
Meanwhile we have moved into temporary on-site accommodation which has given us an ideal opportunity to review many aspects of our operation prior to the next move
5
2023 is the second year in partnership with the Ashington branch of the YMCA whose premises located in central Ashington offer clients a local collection point. Currently 40% of clients living in the immediate area choose to collect from here. It is our intention that others will be encouraged to do likewise allowing us the benefit of reduced vehicle costs and better utilisation of volunteers.
Our client delivery service and food collections from suppliers and local collection points is with the use of three dedicated vehicles one of which was newly purchased in 2023. With this arrangement we are looking for greater transport flexibility and reduced dependance on hire vehicles.
Several years ago, we appointed a full-time salaried food bank coordinator. This arrangement has served us well but as the organisation continued to expand and develop it became apparent that we should be looking to build more resilience and sustainability within our salaried administration structure. Recent experience confirms we can no longer rely on a single person, [be they volunteer or salaried,] to provide the resilience we are looking for. As a consequence of this in 2023 we appointed two full time salaried food bank coordinators.
Our operation is entirely dependent on the continuing and incredible generosity of the community in terms of food and financial donations. We are totally indebted to our faithful team of volunteers whose efforts in sorting, stacking and delivering food are essential to our operation.
Notwithstanding all the increasing challenges, we continued to provide emergency food parcels to those identified as being in need. All appropriate requests were fulfilled.
6
## **PUBLIC BENEFIT**
The Trustees confirm that they have complied with the requirements of Section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charities Commission for England and Wales.
## _**Achievements and performance 2023**_
Other*- _includes; Financial Exploitation, Universal Credit Uplift, Bereavement/funeral costs, Not eligible for benefits, School holidays, Refugee/asylum seeker, Fleeing domestic violence, Recently left prison, Lost/Stolen Money, Universal Credit, Christmas or multiple reasons_
In the year 2023 we supplied 130,881 meals, this being a 14% increase on the previous year. As a consequence of food inflation, the total value of meals distributed increased by 51% on the previous year. Of those clients needing support, 20% are clients new to us.
7
|**Total value of food distributed by WVFB 2018 - 2023**|**Total value of food distributed by WVFB 2018 - 2023**|**Total value of food distributed by WVFB 2018 - 2023**|**Total value of food distributed by WVFB 2018 - 2023**|**Total value of food distributed by WVFB 2018 - 2023**|**Total value of food distributed by WVFB 2018 - 2023**|
|---|---|---|---|---|---|
|**2018**|**2019**|**2020**|**2021**|**2022**|**2023**|
|£89,262|£133,000|£170,292|£192,246|£230,226|£348,143|
## **FINANCIAL REVIEW**
The charity’s current account will be maintained at approx. £10,000. This can be increased with trustee approval for exceptional items. The deposit account will be maintained for the remaining balances.
8
FOOD BANK
2023 Income source
Indwidudl, Baqubgts&Onlino
Oonhiions
£10.284 54b
£34158, 1896
•Churche•
£21.$00, 12% .
f4.3B7. Igb
É113.318. 6246
Trn & P6riBh C¢)un¢iis
OthorAgoncies&Loco1
8u8in8881Club8
Gift Ai¢
2023 Charitable activites
£23,351. 11
£40,537, 1
Payroi
É28.$70. 1346
Food&Toii8irios
. £125,151, 579b
40ratiOnalEXpQnSes
Motor EYpense8 incnewvBn
purchase Iw51É241WI
_**Policy on reserves**_
Our aim is to hold in reserves no less than 3 months of the total operating budget for the current year _[or an amount no less than £100,000, whichever is greater]._ This will ensure that all expenditure, including core salary costs will be covered in the event of a shortfall in funding. This amount to be reviewed quarterly in the light of operational costs.
Fundamental to the food bank operation is having an adequate warehouse distribution facility and associated office accommodation. We are assured that CNTW is making provision for us to remain on site at Northgate Park. None the less the trustees have decided it prudent to retain the sum of £100,000 in reserve to cover the cost of relocation to alternative accommodation should this be necessary.
We currently have use of three vehicles one of which is 8 years old. A sum of £25,000 has also been reserved should the Trustees consider it economic to replace this vehicle.
The total value of reserved/designated funds is £225,000 _[31[st] December 2023]_
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## _**Nature of governing document**_
Wansbeck Valley Food Bank is governed by a Constitution of Charitable Incorporated Organisation.
10
## _**Recruitment and appointment of trustees**_
Trustees are appointed at the AGM, however the trustees may appoint a new trustee to temporarily fill a vacancy or to bring in additional skills or experience. Such a trustee will retire at the next AGM but can then be reappointed.
A new role of Trustee Associate has been created to complement and broaden the experience and skill set of the Board of Trustees. It is particularly suited to those who are unable to fully commit to the demands and responsibilities of being a Trustee. It also offers potential Trustee candidates an insight and better understanding of the Food Bank governance. Associates will contribute to the routine working and decision making alongside the Board of Trustees.
The Trustees, where practicable are involved in the work of the Food Bank.
## _**Organisational structure**_
For reasons mentioned above, the expansion of the food bank operation has stretched our administration resources beyond limit. Following the resignation of our former salaried food bank coordinator in March 2023 the opportunity was taken to review the food bank administration.
The review concluded that we needed to increase the number of salaried staff. In August 2023 we appointed two full time salaried food bank coordinators. Work continues to further define their specific roles and responsibilities to make best use of their skills and aspirations to the benefit of the food bank and our clients
The Annual Report was approved by the Trustees of the charity on 1st March 2023 and signed on its behalf by:
Revd John Rowley
11
## **Independent Examiner's report to the trustees of Wansbeck Valley Food Bank**
I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 December 2023 details of which are summarised here. The full report is available on request.
## _**Respective responsibilities of trustees and examiner**_
As the charity's trustees of Wansbeck Valley Food Bank you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”)
I report in respect of my examination of the Wansbeck Valley Food Bank’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## _**Independent examiner’s statement**_
I have completed my examination. I confirm that no material matters have come to my attention with the examination giving me cause to believe that any material respect:
1. Accounting records were not kept in respect of Wansbeck Valley Food Bank as required by section 130 of the Act; or
2. The accounts do not accord with those records; or
3. The accounts do not comply with the accounting 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.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
R Thompson ICAEW Borough Hall Wellway Morpeth Northumberland NE61 1BN Date 1 March 2023
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## **Balance Sheet as at 31 December 2023**
|**Current Assets**
**Year ended 31**
**December**
**2023**
**Year ended 31**
**December**
**2022**
Cash at bank and in hand
275543
301413
**Creditors:**Amount falling due within one
year*
(3104)
(1993)
**Net Assets**
**272439**
**299420**
**Funds of the Charity**
**Restricted Funds**
**-**
**-**
**Unrestricted Income Funds**
Unrestricted Funds
272439
299420
**Total Funds**
**272439**
**299420**
*Creditors falling within one year
Other Taxaton and Social Security
514
(321)
Other Creditors
252
99
Accruals
2338
2215
**3104**
**1993**|**Current Assets**
**Year ended 31**
**December**
**2023**
**Year ended 31**
**December**
**2022**
Cash at bank and in hand
275543
301413
**Creditors:**Amount falling due within one
year*
(3104)
(1993)
**Net Assets**
**272439**
**299420**
**Funds of the Charity**
**Restricted Funds**
**-**
**-**
**Unrestricted Income Funds**
Unrestricted Funds
272439
299420
**Total Funds**
**272439**
**299420**
*Creditors falling within one year
Other Taxaton and Social Security
514
(321)
Other Creditors
252
99
Accruals
2338
2215
**3104**
**1993**|**Current Assets**
**Year ended 31**
**December**
**2023**
**Year ended 31**
**December**
**2022**
Cash at bank and in hand
275543
301413
**Creditors:**Amount falling due within one
year*
(3104)
(1993)
**Net Assets**
**272439**
**299420**
**Funds of the Charity**
**Restricted Funds**
**-**
**-**
**Unrestricted Income Funds**
Unrestricted Funds
272439
299420
**Total Funds**
**272439**
**299420**
*Creditors falling within one year
Other Taxaton and Social Security
514
(321)
Other Creditors
252
99
Accruals
2338
2215
**3104**
**1993**|
|---|---|---|
||**-**
299420||
||**299420**||
|||(321)
99
2215|
|||**1993**|
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**Wansbeck Valley Food Bank Detailed Statement of Financial Activities for the Period for the year ended 31 December 2023**
||**Total**|**Total**|
|---|---|---|
||**Unrestricted**|**Unrestrict-**|
||**funds**|**ed funds**|
||**2023**|**2022**|
||**£**|£|
|**Income and Endowments from:**|||
|Donatons and legacies|183626|180071|
|Investment income|5282|926|
|Total income|188908|180997|
|**Expenditure on:**|||
|Raising funds|(1260)|(902)|
|Charitable actvites|(214629)|(95458)|
|Total expenditure|(215889)|(96360)|
|Net income|(26981)|84637|
|Net movement in funds|(26981)|84637|
|**Reconciliaton of funds**|||
|Total funds brought forward|299420|214783|
|Total funds carried forward|272439|299420|
14
## **Wansbeck Valley Food Bank**
**Detailed Statement of Financial Activities for the Period for the year ended 31 December 2023**
||**Total**|**Total**|
|---|---|---|
||**2023**|**2022**|
||**£**|**£**|
|**_Donatons and legacies_**|||
|Legacies and bequests|573|-|
|Donatons - Individuals|112746|91255|
|Donatons – Churches|4387|2207|
|Donatons Town and Parish Councils|21500|22130|
|Donatons – Collecton Boxes|100|-|
|Donatons – Local Business and Clubs|11893|18496|
|Gif Aid Tax Reclaimed|10265|8278|
|Grants – other agencies|22162|37705|
|Grants—other agencies|-|-|
||183626|180071|
|**_Investment income_**|||
|Interest on cash deposits|5282|926|
||5282|926|
15
**Wansbeck Valley Food Bank Detailed Statement of Financial Activities for the Period for the year ended 31 December 2023**
||**Total**|**Total**|
|---|---|---|
||**2023**|**2022**|
||**£**|**£**|
|**_Raising funds_**|||
|Fundraising costs|(1260)|902|
||-|-|
|**_Charitable actvites_**|||
|Food and Toiletries|(123160)|(47277)|
|Packaging|(1176)|(2939)|
|Wages and Salaries|(25436)|(20403)|
|Staf pensions (Defned contributon)|(515)|(425)|
|Recruitment Cost|(426)|-|
|Rent|(3166)|(324)|
|Insurance|(680)|(578)|
|Telephone and Statonery|(4483)|(2088)|
|Equipment and IT|(5585)|(633)|
|Printng|(1600)|(2081)|
|Sundry Expenses|(305)|(366)|
|Northgate Premises Expenses|(5187)|(2444)|
|Motor Expenses|(40480)|(13540)|
|Accountancy fees|(2338)|(2230)|
|Bank charges|(92)|(129)|
|Other interest payable|-|(2)|
||(214629)|(95458)|
16
## **Notes to the Accounts: (Full details of these can be provided on application)**
The trustees have prepared the trustees’ report and financial statements in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable to the UK and Republic of Ireland.
## _**Financial guarantee contracts**_
The trustees confirm, in accordance with the Charitable Incorporated Organisations (General) Regulations 2012, that at the year end the CIO did not have any outstanding guarantees to third parties nor any debts secured on assets of the CIO.
## _**Tangible fixed assets**_
Individual fixed assets purchased are written off in the year of purchase.
The charity owns a van which was transferred on incorporation in 2018. In 2020, a second van and two containers were purchased.
## _**Trustees remuneration and expenses**_
No trustee, nor any persons connected with them, have received any remuneration from the charity during the year.
17
**CLAIM:** There are more food banks across the UK than McDonald’s restaurants
There are those who point out there are more food banks across the UK than McDonald’s restaurants and there are also those convinced there is no place for food banks in 2024. Conversely the huge growth in the food bank movement is vindication that the doubters are very much outnumbered by those who are deeply concerned by the prevalence of food poverty and have decided to do something about it.
Food poverty in the UK and beyond is not exclusively a product of modern times - it spans generations and cultures. The main difference today is that hunger is not stigmatized as it used to be and that is largely because of emerging food bank movement and more so those who are generously support their endeavours. In some ways the movement has become institutionalised. Even so, if you were in the unfortunate position of having nothing to put on the table for the kids tonight, it matters not if it’s an institution or a charitable gesture!
We at Wansbeck Valley Food Bank prefer to let others talk the politics. Instead, we would aim to make sure a decent – nutritional food parcel is delivered where and when it’s needed.
And this is how we make that happen ....
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And here at a glance is what it takes to make it happen .....
## **The organisation:**
80 Volunteers [20 up on previous year]
2: - Salaried staff members [1 up on previous year]
3 Vans [1 up on previous year] 28617 Annual milage 4485 Telephone calls Busiest Hour 12:00 to 12.59 Busiest Day Wednesday Busiest Month December
## **Public Benefit** _**[inc % increase on 2022]**_
5557 Total Referrals [ _20% increase on previous year]_
22 Daily Referrals Average 1762 households
7551 Adults _[20% increase on previous year]_
4038 Children _[18% increase on previous year]_
43627 Day People fed _[14% increase on previous year]_
80% Clients returning on a regular basis
4272 Referrals Delivered
1285 Referrals collected from YMCA
131,000 Meals issued _[14% increase on previous year]_
£348,143 Value of meals issued: [ _51% increase on previous year]_
£125,000 Value of food purchased: _[162% increase on previous year]_
19
## THANK YOU TO THE FOLLOWING:
Aldi Bedlington & Ashington Asda Ashington LIDL Morpeth Local Co-ops Morrisons Morpeth Poundland Ashington Sainsburys Morpeth
Ashington Town Council Bedlington West Parish Council Choppington Parish Council Morpeth Town Council Newbiggin Town Council Northumberland County Council
Charities Trust Elsie Davis Trust Henriksen Trust Lynemouth Power NHS Integrated Care Systems [ICS]
Ashington Camera Club Ashington Forum Bedlington Blyth & District Riding Club Labour Group Morpeth Lions Club of Morpeth Masonic Northumberland Mark Benevolent Fund Morpeth Town Juniors New Voice Choir Northumbria Health Care NHS Foundation Trust The Maritime Centre Newbiggin Newcastle Building Society Newcastle FC North East Organic Robson Prescott Rotary Morpeth Sing Morpeth Skipton Building Society Tranemo Workwear Unison Northern NTW Branch WERCA'S FOLK choir Women's Institute Morpeth Town
Local Churches Local Schools Local Scout, Brownies & Rainbow Groups
20
Charity r¢gistration ThvrnbEr'. 1177303
Wansbeck Valley Food Bank
A]Jnual Rert alld Finaocial Stalen)ents
for the Yur Ended 31 D¢ceDthr 2023
Wan5beck Valley Food Bank
Contents (continued)
Reference and AdMItratiVe Dethils
Tntees, Report
2to4
Statement of Tntees, ResEx)nsibilities
Ind¢petellt Examiner's Report
Statetllent of Financial Activities
Balance Sheet
Notes to the Financial Statements
9t015
Wansbeek Valley Food Bk
Reference and Administrative Details
Trnstee5
Revd Jobn Rowley
Mr Richard Clwles Anderson
Mr Peter Robertson
Mr Richard Scholfield
Mr Dad Binns
Mr MaTk Facey
Mts Linda Mary Fllll Ircsiglled 08109U3)
Prln¢ipal Office
liorthgate Hospital
Morpeth
NE613BP
Charity Regtstf8tlon Trlumber
1177303
Independent Es*Jniner
W¢iEway Accountants Limited
Borough Hall
W¢llway
Motpeth
NE61 IBN
Company ReglstratloD Nllmber
CE013360
Pkge I
Wansbeek Valley Food Bank
Trustees, Report
Th¢ trust¢&f prtt5ent the aDnual r¢port together witb the fll1aI 51atements of the clwity for the year ended 31
D¢c¢mb¢r 2023.
Objectiv¢5 And actlviti
Objects Aims
IN'ansbeck Valley Food Bank is a registered charity, set w) to prevent or relteve povety ot fin2llcial ljardship in
Northumberland. The charity aehieyes its aims attd objectives. in particular but not exclusively by..
The provision of emergency food parcels. items, serviees and faedities to Kndividuals iti fmDcial neeAI
Contributing to and ¢o-operatti)g with charities aDd other orgÈDisations worktng to prcveDt or rcli¢v¢ povety
from witbiTh Northumberland.
Objec¢ives, s¢rn¢egies *nd i1VI
Should anyone doubt ¢he need for rd banks in our conJ]nurrity then perhaps it's wortb noting that our local
8r(Kery wholesaler considers that of all tbeir major ¢$t0crS NVVFB raTJks among the biggest spenders. To
meet client demAnd, in 2023 we Purchased food to the value of £125,000. Add to this all the fo(xl donated in
kind then the Tralue of food channeled into cornmuty by the food b#Dk Ivas £348,000, & 510/0 in¢rea8e on
the preiious year.
Alternatively, consider this &s being over 131,IMM) mea]s supplieing re&sotks for their diletDll]a.
tn line Thith many other food bat&s. it bas alsvay5 been our po]icy ttTr PToTride 3 meals for 3 days for ¢acb eligible
it1VIdUal in tILe houselLtsld. The number of return wcasioDS is Ostensibly lirntt to 3 times per year. In special
circumstan¢&4 we extcnd help beyond 3 da and 3 occasions within & 12-month rI
It is noti¢e*ble that 8(PA of our client5 being refeLT¢d ttTr us on a T¢gular basis illdicating no irnmediate
resolutioll to their SibJation. One of the tDain al of tb¢ food ba]Lk "is for tb¢ provision of emergency f(M)d
parc¢ls, items, seThiceg and facilities to indiv1thl$ in financial need." It renwins a major c4)nce(n to us that that
son]e cli¢nl$ are U5iDg the Food BaDk to supplement tbeir tn¢ome rnther tban for an emergency. We continue to
monitor and lEal with our partTrer ag1£$ on how besi to a&sist ow clients needs in such CircutanCes.
Mid way througb 2023 w¢ Doted thc r¢thtio]I ill volunLe of food donated cojnbined witb the escalatitig
¢xp¢llth'nJr¢ on food purchases sugg¢sted tbat leh unchecked we would incur a significant overspend in 2023.
Although r¢servc$ ar¢ placc for such evelltualities. we began 8 prowdm &illJed at assessing the compositioll of
3-day and 7-day food parcels in ternjs of nutrition81 value. quantiry. client ethnieity, and purcha$¢ ¢o$L In
addiiiou, a revi¢w of our stwk r¢pl¢nisbment procedures was xniiiated.
We also initiated discussions with conhtnunity agenciu tr> explore ways in Mdjich we might div¢r8ify client
support. These initiatives are ongoing.
Page 2
Wansbeck Valley Food Bank
Trusteesv Report (continued)
For fiv¢ years we h&v¢ been opuating out of the forn MOTW at Nortbgate Hospital Irenam¢d Nortbgate
Park.] Now our tenancy bas finally come u) an elld. Being awdr¢ thi's was to bappen; w¢ have b¢¢n aetively
looking for altemative CoMModation throughout 2023. If little else this exercise has Emphasized the
generosity and h05Pitality provided by C• Nortbumberi8Thi Tyne and Wear Hospital NHS Foundatiott
Twst ICNrwi
In parnllel with our gew¢h for alnative #ccornmodatio CNTW has again COD to our ieswe by offtring to
fa u5 room in its flagship re-development of Nortbgate Pa We are deeply indebted to CNTW and look
forward to thi5 next Stage in our joint collaboration.
M¢anwhile w¢ have moyed into lemporary on-sile ac¢ommodatioo whi¢h IS gKvcn an ideal opw)rtunity to
revi¢w ttwiy aspects of our operaLioll prior to the next move.
2023 is the second yeAr in parln¢rship with the Asbington brancb of the YMCA whoie premises located in
central Ashington offer clients a local collection poinL Curr¢ntly 400/• of clients living ill the in)mediate area
cboose to collect from here. It is our illtention tl)at others will be encouraged to do likeise a51oiwiug us the
benefit of reduced vehicle costs olld better ulllisation of volunteers.
Our client delivery seryi¢e alld food collections from suppliers and local collection points is witb th¢ use of
three dedicated vehicles one of which was newl) pur¢lMsed in 2023. With this anangcmcnt we are lookitig for
greater transport flexibility and redu¢¢d dependanc¢ on hire v¢hicl&%.
Several ye8rs ago, we appointed a full-time saloried food bank coordinator. This anallgem¢nt Iw serv¢d us well
but as the orgatiisation ¢onlillued to ¢xpattd and d¢velop it becaTne Apparent th8t we should b¢ looking to bllild
ore resiliell and 5uslainabilRty within our 5ahri¢d admioistration stsucture. Recent experieCe confirn)s we
can no looger rcly on a single perso tbe they volulltecr or salaried,] to pn)vid¢ tbe resili¢nc¢ we are looking
for. As a cons¢quettce of thss in 2023 w¢ appointed two tin)c sknied food baDk coordut01s.
Our operation is entirely dqlendent on the contillUiD8 and incredible generosity of the conUnItY ij trms of
food and finawial donations. W'e are totally ind¢bt¢d to our faIthfi team of volunteth3 whose ¢fforts ill sorting,
stacking and delivering food are essential to our operdtio
twithstanding atl the incrwing challenges. Tre wntinued to provide emerg¢ncy food pÈrcels to those
id¢ntified as being in tjeed. All appropriate requests w¢re fulfillcd.
Public benefit
The trustees confm tbai th¢y b&ve c¢)mpli¢d with the requiremeots of 8eGtion 17 of the Chuitics Act 2011 to
l]av¢ dut regard to the public bellefit guidan¢e pub]i5hcd by the Charity Coti]mission for Engla1 alld Wales.
AchieVe¢ts and perfortDance
In ih¢ year 2023 wc supplied 130,881 meab. tbi8 being & 140/0 increase on the previous year. As a consequ£¢
of food infiation. th£ totxl value of meals distribllted increased by 510A oll the previous ye&r.
Of those cli¢nts needing sUprt 2/* are clients Dew to us.
Finan¢iAI review
The elwity's curr¢nt account will be maintained at proL £10,000. This call be increased with tNstee approval
for exeeptiollol it¢ms. The deposit acCoUt will be m&intaiueA foT the renlaini baltrs.
Page 3
Wansbeck Valley Food Bank
Trustees, Report (continued)
Policy ON reservrfs
Our aim is to bold reserves no le than 3 months of the total operating l)udget for the curr¢Dt year lor all
anLOUTLt no less than £IOO,000, whichever 15 greaterl. This will et)sure th&t all expenditsjre, iDc1udg core salary
costs will be covered in th¢ ¢v¢nt of a shortfall in fijnding. This amoutst to be reviewed quarterly in the light of
operational cts8ts.
Fundamental to the food bank operation is having an adequate waretM)¢ di5tiibution facility associated
oITice kccommodatlOD. We are assured that cwtw is Jnakitig pnivisioll for ttTr r¢uJaiTh on site at lithgate
Park. None the less the trtee8 have decided it PDJdent io retaill the SU of £IOO,IM)O in reserve to cover the cost
of relocation to alternative accommodation sllould tbis be neeaw.
W¢ CU¢tIY have use of three vehicles oue of whieh is 8 years old. A sum of £25,(M)O has also been reseTr
should the Trustees consider it economic to replace this vehicle.
The total value of reservedldesigllated is £225,0(M) [31st December 2023]
Strnclure: governAnee and rn8nAgement
Nuthre ofguv¢rnlng document
Wansbeck Valley Food Bank 15 governed by a Constitirtion of CbaTitkble Inryrated Organisation.
Recrui¢menl ond appoinlment oftrmsttts
TnLSt¢es are appoiDt¢d at the AGM, however the tsILSttts may appoint a new trustEe to t¢prd[11Y fill a vacancy
or to brillg in additional skills or experience. Such a trustee will Yttire at the next AGM but can then be
re2ppoiTJted.
A new role of Trustee Associate has been create41 to conwlement alld broa(kn th¢ ¢xpcri¢nce alld skill set of the
Board of Trustees. It is particularly suited to those who are unable to fully con]mi¢ to the demands
respon8ibiliti¢s of being a TTUStee. It also offers potential TTustte candidates ID insight alld better understanding
of the Food Bank governance. A&sociates will contrbl Ute to the routine wotknlg and decision making alongside
the Board of Trustees.
The TTUStee6 8nd Associates, where prdcticable are iDvoFYed ill thc work of the F¢)od BaDk
Organisaliunal strucl¥re
For T¢asgw m¢ntioned above, the expansion of the food bank operation has stretched ow administration
r¢sour¢es beyolld lin]it. Following the restgnation of our fOrnr salaried food bank coordinator in March 2023
th¢ opportLmily was taken to review the food bank Admilltstratio The review concluded that we needed to
in¢r¢as¢ th¢ niunber of salaried stsff. In August 2023 we appotnted two fvll tirne salaricd food bank
(kordiuators. WO continues fillther define their specific rol&s and resw>wibiliti¢s to make b¢5t use of their
skills and aspiralions io the benefit of the food baDk and our clients.
The aTmuAI r¢port approved by the tThslees of the charity on.................... and sIg[d on its b¢half by..
hn Rowley
Tiwtee
Page 4
Wansbeck Valley Food Bank
Slatement of Trnstees, Responsibilities
The trnstees are responsible for preparing the trustee5' r¢port and Ihe financial statements III 20cordance the
United Kingdom Accountin8 Standards (UJ)ited Kingdom G¢n¢ra]ly Accepted Accounting Practice) alld
applicable and regulations.
The law applicable to charitie5 requires the trnstees to prare fiDancial statellkents for eaeb financial year which
give a irue and fair view of the state of affairs of the cb.arity and of the incon]iDg resources and applic&tion of
resources of tbe charity for that period. In preparing these financial 5tatero¢nts, th¢ trustees ar¢ r¢quired to..
select Suitable accounting policie5 8nd then apply th¢m 1Stently.
observ¢ the methods and prin¢ipl¢s in the Charities SORP.
make judg6ts]ents attd estinjates that are reasonable and prudent;
State whether applieable accounting standards bave been followed subj¢¢t to any m&t¢rial dartur¢S
disclosed alld explained in the financial st8tetnents' and
prepare Ibe financial ststements on the going concern basi5 unless it is inappropriate to pr¢5ume that th¢
chariry WAII continue in business.
The trustees are responsible for keeping proper a¢coanting records that disclose with reasonable accuracy at any
time the financial position of th¢ charity and ujable thern to eDsurc that tbe fanCial ststements comply with the
Charities Act 2011, thc Charities (Accounts and Reports) Rcgulatiolls 2008, and the pmvisioos of the
consti110n. The trustees are also respoDsiblc for safrgwrding the &ssers of the ¢lwity and IL¢nce for tsktllg
reasonable steps for the preventiott and detection of fraud and (Trther iTrcgulartti¢s.
Th¢ trust¢¢8 arc responsibl¢ for the m&int¢naDC¢ 8lld illtegrity of the co4x)rate and fiThamcial infornhation
included on the ¢haritabl¢ cojnpanS w¢bsit. txgislation governmg the preparation and dissejnination of
financial staten)ents DY differ from legi512tion iu oth¢r juri5dictioDs.
Approved by tILe trustees of tlLe ClrItY ott.................... and signed on its behalf by.
ev
Jobn Rowley
tee
P¢5
Wansbeck Valley Food Bank
Independent Examiner's Report to the trllstees of Wansbeck Valley Food Bank
I report lo tlic trusl¢e5 on my exaniination of the accollnts of Wansbeck Valley Food Bank for th¢ year ended 31
t)e¢ember 2023.
Responsibilities and basis of report
As tl)e charily trustees of Wan%l)cck Valley Food Bank you are rcsponsiblc for the preparalioii of the accout]ts in
accordance witl) the requirements of the Cliaritie5 Act 2011 {'the Act,).
I report in Tespect of Iny examination of the Wansbeck Valley Food Bank's 8CCOUllts carried out under section
145 of tlie 2011 Act and iii carrying out my examiiialion I have followed all the applicable Directions given by
the Cliarity colnIsSIo11 under section 145{5llbl of the Act.
Independent exaniiner's statement
I have coimpleted my cxamillation. I confTttn that no material matters havc cotne to my attention in connection
with the examination giving ine cause to believe that in any matCTial r¢5PCCt'.
accounting records were not kept in respect of Wansb¢ck Valley Food Bank as rcquircd by section 130 of
tlic Act., or
2. the accounts do not accord with those r¢cords; or
3. the accounts do not comply with the accounting requircmenls concerning thc form and content of accounts
set out iti Ilie Chariiies (Aceounts and Reports) Regulations 2008 other tlian any requiiemenl that tlic
aceounls give a 'true and fair view which 55 Ilot a Inalter considered as part of an independent
examination.
I have no concerns and have cotne across no oth¢r matters in cot]nection witli the examination to which attention
should be drawn in this report in order to enable a prop¢r und¢TStanding of the accounts to be reach¢d.
R Thojnpsoii
ICAEW
Elorough Hall
Wcllway
Morpcth
Nortliuiiiberland
NE61 IHN
Date..
Page 6
Wansbeek Valley Food Bank
Statement of Financial Aetivities for the Year Ended 31 December 2023
Unrestricted
funds
Tot91
2023
Note
Income and Endowments from:
Donations aud l¢ga¢i¢s
Invcstm¢nt in¢orn¢
183,626
5,282
183,626
5,282
Total income
188,908
188,908
Expenditure on:
Raising fid8
chItable activitL¢5
(1,260)
(214.629)
(1,260)
1214,629)
Total expenditure
Net expendittire
(215,889
215,889
26,981
(26,981)
Net Anovement in fids
(26,981)
(26,981}
Reconci]i4tioD of funds
Total funds brougbt forw1
299,420
299,420
Tott41 funds rried forword
14
272,439
Ullrestricted
funds
272,439
Tots
2022
ltteotne Elldowments from:
Donations and legacies
tnvesttnent inCot
180,071
926
180,071
926
Total income
180,997
180,997
Expendlture oll:
Raising funds
Charitable activities
(902)
95,458)
(902)
195,458)
Total expendiwre
196,360
196,360)
Net income
84,637
84,637
Net movement in fimds
84,637
84,637
Reconeili&tion of funds
Total tunds brougbi forward
214,783
214,783
Tots] Sjnds carried fonvard
14
299.420
299,420
All of th¢ charttPs activities d¢rtYe from ¢ontinll]ng operations during the above two periods.
The funds breakdown for 2022 i$ thown in note 14.
The llote8 on p&8es 9 to 15 form an integral partof thc5¢ fancial slatcments.
Page 7
Wansbeck Valley Food Bank
IRegistration number: 1177303)
Balance Sheet as at 31 December 2023
2023
2022
F4o¢e
Current a8yets
Debtors
Cash atbAnk atsd in haltd
2.832
272,711
10
3CII,413
301,413
275,543
Creditors: Atnounts f411ing dye within olle yeAr
li
(3,104
27>,439
1,993
Net issets
299,420
Vunds of the cb&rity:
Unrestricted intome fulld$
Unrestricted fldS
272.439
299,420
Total funds
14
272,439
299.420
The financial state¢t3 on pages 7 to 15 were approved by the trnstees. ynd autiioTll for i8Sll¢ Ott
. alld SLgtted OD their behalf bjr.
Reyd Jobll Rowl¢y
T1
Tlic not&s on pag¢s 9 to 15 forrn itttegrnl portof these fllwcial slatements.
Page 8
Wansbeck Valley Food Bank
Noles to the Finaneial Statements for the Year Ended 31 December 2023
l Accountlng poNcles
Statement of eomplian¢e
The fmattcial Statements have been piepaied in ac¢ordanc¢ with th¢ second edition of the Charities Statement of
Recommended Practiee issued in October 2019. tbe Financial R¢portiTL8 Sratidard applicable itt the Utiited
Kinxdom and Republic of Irelalld {FRS 102) and the Chariti¢s A¢t 2011.
Basis of prep4Tation
Wansbeck Valley Food Bank meets the definition of & public benefit entity und¢r FRS 102. The accounts
{fJnancial st&temenls) have been prep#red under the bistorical cost convention with items rQglS¢d at cost or
transaction Vlle unless otherwise stated in thc relevallt note(s) to these accouuts.
Going coneern
The trustees Consider that there are no material unc¢rtainties thllt the Charitys Ability to continue as a going
concern.
Income xnd ¢ttdowmettts
Volutttary income iDcluding donatioLs, gifts, legacies grdnts that provide eore fijllding or are of a general
Is recogtiised when ibe clwtty has erLtirlement the inwme. it is probable that the income will be
rpK¢ived and th¢ anwunt can be nkaswed with sufficienl reliability.
Don*iltsns and legAcie
Donations and legacie5 are ie¢ognised on a re1VIbl¢ b&sis whell receipt is probable and thc amount can be
reliably measured.
Grunts receivable
Grants are recogDised wh¢ll the charity has en1]de¢llt to the fimds and any conditions linked to the grants
have been met. Where performaDC¢ ¢ondition5 are athlched kn the grant and are yet to be met, the in¢(xne is
recognised as a liability and included on the balatic¢ sh¢et &8 defted income to be released.
Expenditure
All expe1]lure is recognised ot)ce there is a legal or constrCtIve obligation to that expenditure, it AS pmbable
s¢ttl¢tnent is requwed and the amount can be ineasurcd r¢liably. All costs are allocated to tbe applicable
¢xp¢nditure heading that aggregate similar costs to that category. Where costs eatt be directly attributed to
particular h¢adings they have been allocated on a basis coDsist¢nt with tbe use of resources. with eelltral staff
costs allocated OTh th¢ basis of time spent. and depreciation charges allocatcd (Fn tbe portion of tlLe asset's use.
Other support cost8 ar¢ 2llo¢at¢d ba%d oll thw $pread of statrco8ts.
Raisingfunds
These are $(% illCUTred iti attracting volunlary income. the maJ)agernent of investstLe]rts and those ineurred irt
trading activitics th&t raise fi]ntLs.
Chariluble ¢Vi$
Charitabl¢ exp¢nditure cotNprise5 those costs itlcurred by the cbarity in the deliv¢ry of its tivitieS alld Krvices
for its beneficiarÉcs. It includes botb costs that can be alloeated directly to such activiti¢s and thos¢ wsts of an
indirect nature ¢ssary to support them.
Page 9
Wansbeck Valley Food Bank
Notes to the Financial Statements for the Year Ended 31 December 2023 (continued)
Governan¢e ¢o$ts
These include tbe costs attributable to the c]Jarity's compliauce witb constitlltional and stOry requir¢ments,
including alldit, strntegic Managen1 and te¢S m¢etings and reimbuTsed expenses.
Taxation
The charity is ¢oDsidered to pa&$ the Sel out in Pardgrdph I SchUle 6 of the Finmce Act 2010 And
thcrcfore it meets the definition of a clmtitable company for LTK corpordtion tax pi]rposes. Accordingly, the
clwity is potentially ¢xen)pt from taxation in pecI of income or capital gains weived within categories
overed by Chapter 3 Part I l of the Corporation Tax Act 2010 or Swtion 256 of the T(on of Chargeable
Gains Act 1992, to the extellt that sueh income or gal% ate applied exclusiv¢ly to charitable purposes.
Tgngible rued assets
IndivÉdual fixed assets puwhaseil ott writt¢rt off in the year of purdmse.
The charity owns gl van which w8s traDsf¢tred OD incorporation in 2015. In 2020, a 8¢CODd van and two
containers were puwha8ed. In 2023 th tbird was purcho
Trade debtors
Trttd6 debtors are amounts due from for erChandiSe sold or services performed in the ordinary
course of busine&8.
Trad6 debtors are recognised initially at the transaction price. They are subsequently w¢asur¢d at amortised cost
using the effeotive illterest methoiL less proiisioll for impairnienL A provision for th¢ imp211ment of trade
debtors is established when there is obj¢ctiv¢ wideDce th&1 the cbarity will not be abl¢ to Collect all attM)unts due
according to tbe original tem]s of the receivablG8.
Cash and cAsh equivalents
Casb and c&¥h equitrajents comprise cash on haDd and deposits, and other short-temi highly liquid
investments that are readily convertible to a knowD amount of cash arml arE subje¢t to an itL8ignifi¢ant risk of
clwige in vttllle.
Fulld strncture
Unr¢stricted incoTne funds are general firnds tlnt are ayaiiable for us¢ at the trLL8tees diKretion in fijrtherdnce of
the obj¢ctivcs ot the charity.
R¢stricted illcome funds are those donated for use in a ptirti¢ulAr area or for specific purposes, the use of which
is restrioted to that or purpose.
P¢D51ons xlld other post retirement obligations
The charity operat¢s a def]Ded cotstribution pension scheme which is a p¢nsioll plall under wbicb fixed
contiibutions are paid into a pension futtd and the charity has no legal or ¢onstruottv¢ obligation to pay furtb
eontiibutions even if th¢ fund does not bold sfficieT1t a&8ets to pay all employe¢s th¢ beThefits retIng to
employee seryic¢ ITh the cwrent alld prior periods.
Contributions to defmed ¢ontribution plans are reeogtiised in the Ststement of Financial A¢tivities when they ar¢
due. If contribution pasinenis cx¢¢¢d th¢ Contributio due for setrvtce, tbe exces5 is Tecognis¢d as & prqKym¢nt.
Page 10
Wansbeck Valley Food Bank
Notes to the Financial Statements for the Year Ended 31 December 2023 (continued)
2 Income from donations and legaeies
Unrestri¢trd
funds
Gener81
Total
funds
DOtionS and le88cies,'
Donations fro]n itidlMduS
Legacies
Gift aid reclaimed
GrAnts, including capital grant5.
Grthts from other clwities
150.626
573
10.265
150.626
573
10.265
22,162
22,162
Total for 2023
183,626
183.626
Total for 2022
18U,071
180,071
3 Investment income
Unrestrlcted
fvllds
General
Total
funds
Inter¢st receiwable and similar income-
Int¢rest re¢eivabl¢ oll baok deposits
5,282
Total for 2023
5.282
5.282
Total for 2022
926
926
4 Expelldlture on charitable *ctiYities
Unresh4cted
fund$
Gelleral
Total
funds
Note
Exp¢nditwe on Charitable Aetivities
Govemance costs
124,356
90293
124.336
90,293
214,629
Total for 2023
214,629
Total for 2022
95,458
95,458
Page 11
Wansbeck Valley Food Bank
Notes to the Finaneial Statements for the Year Ended 31 December 2023 (continued)
5 Analyslg of governance and support Costs
Gov¢rllaD¢e co$ts
UDrestricted
fullds
General
Totsl
funds
Stsff costs
Wag¢s and Salaries
Pension costs
Other staff costs
Audit fees
Other fees paid to auditors
Other goyernance costs
25,436
515
25,436
515
426
426
2,338
61578
2,J38
61,578
Total for 2023
90.293
90,293
Total for 2022
45242
45,242
6 Trust¢¢g remulleratlon and expenses
No tn]stees, nor ony persons conne¢t¢d with thetffj have ieceived Any remuneration from the charity durillg tbe
year.
7 Staff ¢osts
The aggregate payroll costs wwe as follows".
202J
2022
Staff costs during the ye*r were:
Wagcs and salaries
Pension costs
Other staff costs
25.436
515
426
20.403
425
26,377
20,828
The montbly ayerage number of peolls (iDc11IDg wiior D]allagement I leadetship team) enwloyed by the
charity during the year expressed as fjjll titne equivalents was as follows:
2023
No
2022
EJDploye¢ numbcrs
Page 12
Wansbeck Valley Food Bank
Notes to the Financlal Statements for the Yeydr Ended 31 December 2023 (conlinued)
No employee received emoluments of than £60,IKKI during the year
8 TaxAtion
The chariiy is a reBiSt¢r¢d clwlty attd is therefore exempi from tatiO
9 D¢btor$
2023
Othcr debtors
2,832
10 Cash and ea8h equivalents
2023
2022
Ch Ild
Cash al baDk
Short-temi deposits
50
6,735
265,926
50
5,704
295,659
272,711
301,413
11 Creditors: OUnts fallitig wlthlll one year
2023
2022
Other iaxation and Social security
Other creditors
Accnjals
514
25?
2,338
(321)
99
2,215
3,1(M
1.993
12 Pension other scheme5
Defined contrlbution pen5iOD 8themE
The charity operat&4 a defined contribution pension sth¢me. The pension cost charge for the year rq)Tesents
contributions payable by tbe charity to the scheme and £515 {2022- £425}.
13 Fin#n¢ial guarantee contracts
The ttustres coufimi accordallce wilb the Charitable IncoTPOTated Org8llisaiiODS (G¢ncral) Regulations 2012,
that at the year end the CIO dtd not have Rtty outstanding guaTrntees to third parties nor any debts secured on
assets of the CIO.
The amount of the financial guarantee contsxct is L.
Page 13
W2nsbeck Valley Food Bank
Notes to the Financial Statements for the Year Ended 31 December 2023 (continued)
14 Funds
BaLAnce at 31
December
2023
Balance 8t I
J*DU4ry 2023
Incoming
rewmrce
Resourtes
expended
Ullrestrlcted fund5
General
299,420
188.908
215,889)
272,439
BaIance at 31
Deeember
2022
alance at I
January 2022
Incoming
re50urce5
Resourees
expended
Unrestrletod fund3
General
214,783
180,997
96,360
299,420
15 Analvsis of net f15$ets betw¢en fwids
Unrestricted
fllDds
General
TotAI funds at
31 December
2023
Current assets
Current li&bilities
275,543
(3,104
27?,439
275,543
(3,104
272,439
Total net ets
LTnrestricted
fllDdg
Ceneral
Total funds at
31 December
2022
Current assets
CutTent liabib.ties
301,413
(1,993}
301,413
(1,993)
Ttstal net assets
11
299,420
299,420
16 Analysls of llet funds
At31
Dccernber
2023
At l January Flllanclng casb
2023
flows
Cash at bank and in hand
301.413
28,702
272,711
Net debt
301.413 _
27?,711
P14
Wansbeck Valley Food Bank
Notes to the Financial Ststements for the YeAr Ended 31 December 2023 (contlnued}
At31
Decetllber
2022
At l January c*$h
21122
flows
Cash at bthnk in hand
217.167
84,246
301,413
Net debt
217.167
84,246
301,413
Page 15
Wansbeck Valley Food Bank
Statement of Financial Aetivities by fund for the Year Ended 31 December 2023
Tot&1
TotAI
LTllrestricted Unrestricted
Funds
Funds
2023
2022
Income and Endowments from:
Dot)ations and legacies
lThvestn]ellt itt¢ou
183,626
5,282
180,071
926
Total in¢ome
188,908
180,997
xpenditure on:
Raising ndS
Charttable activities
(1260)
214,629)
(9021
95.458
Total expenditure
Net (eXpendIre)11c0Mc
215,889
96,360
(26,981}
84,637
Net mov¢Trent tn fi]nds
(26,981}
84,637
Reconcllfatlon of fund$
Tot&1 fid8 brought forward
299,420
214,783
Tot&1 ful$ carried forward
272,439
299,420
This page do¢s not forn) part of the statutory finall¢ial st&tement&
Page 16
Wansbeck Valley Fo(Hl Bank
Detailed Statement of Financial Acttvities for the Year Ended 31 December 2023
Tot41
2023
Tot&1
2022
Income #nd EndowmeDts from:
Don&tions alld legacies laDalysed below)
Investrnent inwmc (allaId below)
183,626
5.282
180,071
926
Total income
188,908
180,997
xpenditure on:
Raising fithkits latvdlysed below)
Chwit&bl¢ activities (analysed below)
(1,260)
(214.629
(902)
{95,458)
Total expenditure
215,889)
96,360
Net (expenditUreYncornc
{26,981
84,637
Net movement in funds
(26.981)
84,637
Reconciliation of fund$
Total funds brougbt forward
299,420
214.783
Total funds carried fonvard
272,439
299,420
This page does not fomi part of the stathtory financial stat¢m¢nts.
Page 17
Wansbeck Valley Food Bank
Detailed Statement of Financial Activities for the Year Ended 31 December 2023
(continued)
Tot81
2023
Tot*1
2022
Don4tiolls dnd legacies
Legaci¢s aud bequests
Donation5- llldividuals
Donations- Churches
Donations- Town and Parish Councils
Donations- Collection Boxes
Donations- Local and Clwb$
Gift Aid tax recIa1nd
Grgnts- other Ageneies
573
112,746
4,387
21,500
100
11,893
10,265
22,162
91.255
2,207
22,130
18,496
8,278
37,705
183,626
180,071
INveslmenl ¥n¢ome
tnterest on deposits
5,282
926
5,282
926
4ivlngfunds
Fulldraising costs
{1.260)
902
902
ChuAtable aethryiies
Food and Toiletries
Packaging
wag and salari¢
Staff pcnsions ¢fined contribution}- p¢llsiou s¢h¢Jn¢ I
Recruitmeni Cost
Rent
{123.1(I))
{1,176)
(25,436)
(515)
{426)
(3,166)
(680)
(4,483)
(5,585)
(1,600)
(305)
{5,187)
(40,480)
{2J38)
(92)
{47,277)
(2,939)
{20,403)
(425)
(3241
(5781
(2,088)
(6331
(2,081}
{3661
{2,444}
(13,5401
(2,230)
(129)
(i)
95,458
Insurance
Tel¢phonc and Station¢ry
F4uipment and IT
Printillg
Sundry ¢xp¢ns¢s
Northg&t¢ Pr¢mtKs ExpeDS
Motor expenses
Accouttt2ncy fees
Bank ¢horges
Other illterest payablc
?14,629
This page does not form part of the 8tabJtory finallcial statements.
Page 18
Charity r¢gistration ThvrnbEr'. 1177303
Wansbeck Valley Food Bank
A]Jnual Rert alld Finaocial Stalen)ents
for the Yur Ended 31 D¢ceDthr 2023
Wan5beck Valley Food Bank
Contents (continued)
Reference and AdMItratiVe Dethils
Tntees, Report
2to4
Statement of Tntees, ResEx)nsibilities
Ind¢petellt Examiner's Report
Statetllent of Financial Activities
Balance Sheet
Notes to the Financial Statements
9t015
Wansbeek Valley Food Bk
Reference and Administrative Details
Trnstee5
Revd Jobn Rowley
Mr Richard Clwles Anderson
Mr Peter Robertson
Mr Richard Scholfield
Mr Dad Binns
Mr MaTk Facey
Mts Linda Mary Fllll Ircsiglled 08109U3)
Prln¢ipal Office
liorthgate Hospital
Morpeth
NE613BP
Charity Regtstf8tlon Trlumber
1177303
Independent Es*Jniner
W¢iEway Accountants Limited
Borough Hall
W¢llway
Motpeth
NE61 IBN
Company ReglstratloD Nllmber
CE013360
Pkge I
Wansbeek Valley Food Bank
Trustees, Report
Th¢ trust¢&f prtt5ent the aDnual r¢port together witb the fll1aI 51atements of the clwity for the year ended 31
D¢c¢mb¢r 2023.
Objectiv¢5 And actlviti
Objects Aims
IN'ansbeck Valley Food Bank is a registered charity, set w) to prevent or relteve povety ot fin2llcial ljardship in
Northumberland. The charity aehieyes its aims attd objectives. in particular but not exclusively by..
The provision of emergency food parcels. items, serviees and faedities to Kndividuals iti fmDcial neeAI
Contributing to and ¢o-operatti)g with charities aDd other orgÈDisations worktng to prcveDt or rcli¢v¢ povety
from witbiTh Northumberland.
Objec¢ives, s¢rn¢egies *nd i1VI
Should anyone doubt ¢he need for rd banks in our conJ]nurrity then perhaps it's wortb noting that our local
8r(Kery wholesaler considers that of all tbeir major ¢$t0crS NVVFB raTJks among the biggest spenders. To
meet client demAnd, in 2023 we Purchased food to the value of £125,000. Add to this all the fo(xl donated in
kind then the Tralue of food channeled into cornmuty by the food b#Dk Ivas £348,000, & 510/0 in¢rea8e on
the preiious year.
Alternatively, consider this &s being over 131,IMM) mea]s supplieing re&sotks for their diletDll]a.
tn line Thith many other food bat&s. it bas alsvay5 been our po]icy ttTr PToTride 3 meals for 3 days for ¢acb eligible
it1VIdUal in tILe houselLtsld. The number of return wcasioDS is Ostensibly lirntt to 3 times per year. In special
circumstan¢&4 we extcnd help beyond 3 da and 3 occasions within & 12-month rI
It is noti¢e*ble that 8(PA of our client5 being refeLT¢d ttTr us on a T¢gular basis illdicating no irnmediate
resolutioll to their SibJation. One of the tDain al of tb¢ food ba]Lk "is for tb¢ provision of emergency f(M)d
parc¢ls, items, seThiceg and facilities to indiv1thl$ in financial need." It renwins a major c4)nce(n to us that that
son]e cli¢nl$ are U5iDg the Food BaDk to supplement tbeir tn¢ome rnther tban for an emergency. We continue to
monitor and lEal with our partTrer ag1£$ on how besi to a&sist ow clients needs in such CircutanCes.
Mid way througb 2023 w¢ Doted thc r¢thtio]I ill volunLe of food donated cojnbined witb the escalatitig
¢xp¢llth'nJr¢ on food purchases sugg¢sted tbat leh unchecked we would incur a significant overspend in 2023.
Although r¢servc$ ar¢ placc for such evelltualities. we began 8 prowdm &illJed at assessing the compositioll of
3-day and 7-day food parcels in ternjs of nutrition81 value. quantiry. client ethnieity, and purcha$¢ ¢o$L In
addiiiou, a revi¢w of our stwk r¢pl¢nisbment procedures was xniiiated.
We also initiated discussions with conhtnunity agenciu tr> explore ways in Mdjich we might div¢r8ify client
support. These initiatives are ongoing.
Page 2
Wansbeck Valley Food Bank
Trusteesv Report (continued)
For fiv¢ years we h&v¢ been opuating out of the forn MOTW at Nortbgate Hospital Irenam¢d Nortbgate
Park.] Now our tenancy bas finally come u) an elld. Being awdr¢ thi's was to bappen; w¢ have b¢¢n aetively
looking for altemative CoMModation throughout 2023. If little else this exercise has Emphasized the
generosity and h05Pitality provided by C• Nortbumberi8Thi Tyne and Wear Hospital NHS Foundatiott
Twst ICNrwi
In parnllel with our gew¢h for alnative #ccornmodatio CNTW has again COD to our ieswe by offtring to
fa u5 room in its flagship re-development of Nortbgate Pa We are deeply indebted to CNTW and look
forward to thi5 next Stage in our joint collaboration.
M¢anwhile w¢ have moyed into lemporary on-sile ac¢ommodatioo whi¢h IS gKvcn an ideal opw)rtunity to
revi¢w ttwiy aspects of our operaLioll prior to the next move.
2023 is the second yeAr in parln¢rship with the Asbington brancb of the YMCA whoie premises located in
central Ashington offer clients a local collection poinL Curr¢ntly 400/• of clients living ill the in)mediate area
cboose to collect from here. It is our illtention tl)at others will be encouraged to do likeise a51oiwiug us the
benefit of reduced vehicle costs olld better ulllisation of volunteers.
Our client delivery seryi¢e alld food collections from suppliers and local collection points is witb th¢ use of
three dedicated vehicles one of which was newl) pur¢lMsed in 2023. With this anangcmcnt we are lookitig for
greater transport flexibility and redu¢¢d dependanc¢ on hire v¢hicl&%.
Several ye8rs ago, we appointed a full-time saloried food bank coordinator. This anallgem¢nt Iw serv¢d us well
but as the orgatiisation ¢onlillued to ¢xpattd and d¢velop it becaTne Apparent th8t we should b¢ looking to bllild
ore resiliell and 5uslainabilRty within our 5ahri¢d admioistration stsucture. Recent experieCe confirn)s we
can no looger rcly on a single perso tbe they volulltecr or salaried,] to pn)vid¢ tbe resili¢nc¢ we are looking
for. As a cons¢quettce of thss in 2023 w¢ appointed two tin)c sknied food baDk coordut01s.
Our operation is entirely dqlendent on the contillUiD8 and incredible generosity of the conUnItY ij trms of
food and finawial donations. W'e are totally ind¢bt¢d to our faIthfi team of volunteth3 whose ¢fforts ill sorting,
stacking and delivering food are essential to our operdtio
twithstanding atl the incrwing challenges. Tre wntinued to provide emerg¢ncy food pÈrcels to those
id¢ntified as being in tjeed. All appropriate requests w¢re fulfillcd.
Public benefit
The trustees confm tbai th¢y b&ve c¢)mpli¢d with the requiremeots of 8eGtion 17 of the Chuitics Act 2011 to
l]av¢ dut regard to the public bellefit guidan¢e pub]i5hcd by the Charity Coti]mission for Engla1 alld Wales.
AchieVe¢ts and perfortDance
In ih¢ year 2023 wc supplied 130,881 meab. tbi8 being & 140/0 increase on the previous year. As a consequ£¢
of food infiation. th£ totxl value of meals distribllted increased by 510A oll the previous ye&r.
Of those cli¢nts needing sUprt 2/* are clients Dew to us.
Finan¢iAI review
The elwity's curr¢nt account will be maintained at proL £10,000. This call be increased with tNstee approval
for exeeptiollol it¢ms. The deposit acCoUt will be m&intaiueA foT the renlaini baltrs.
Page 3
Wansbeck Valley Food Bank
Trustees, Report (continued)
Policy ON reservrfs
Our aim is to bold reserves no le than 3 months of the total operating l)udget for the curr¢Dt year lor all
anLOUTLt no less than £IOO,000, whichever 15 greaterl. This will et)sure th&t all expenditsjre, iDc1udg core salary
costs will be covered in th¢ ¢v¢nt of a shortfall in fijnding. This amoutst to be reviewed quarterly in the light of
operational cts8ts.
Fundamental to the food bank operation is having an adequate waretM)¢ di5tiibution facility associated
oITice kccommodatlOD. We are assured that cwtw is Jnakitig pnivisioll for ttTr r¢uJaiTh on site at lithgate
Park. None the less the trtee8 have decided it PDJdent io retaill the SU of £IOO,IM)O in reserve to cover the cost
of relocation to alternative accommodation sllould tbis be neeaw.
W¢ CU¢tIY have use of three vehicles oue of whieh is 8 years old. A sum of £25,(M)O has also been reseTr
should the Trustees consider it economic to replace this vehicle.
The total value of reservedldesigllated is £225,0(M) [31st December 2023]
Strnclure: governAnee and rn8nAgement
Nuthre ofguv¢rnlng document
Wansbeck Valley Food Bank 15 governed by a Constitirtion of CbaTitkble Inryrated Organisation.
Recrui¢menl ond appoinlment oftrmsttts
TnLSt¢es are appoiDt¢d at the AGM, however the tsILSttts may appoint a new trustEe to t¢prd[11Y fill a vacancy
or to brillg in additional skills or experience. Such a trustee will Yttire at the next AGM but can then be
re2ppoiTJted.
A new role of Trustee Associate has been create41 to conwlement alld broa(kn th¢ ¢xpcri¢nce alld skill set of the
Board of Trustees. It is particularly suited to those who are unable to fully con]mi¢ to the demands
respon8ibiliti¢s of being a TTUStee. It also offers potential TTustte candidates ID insight alld better understanding
of the Food Bank governance. A&sociates will contrbl Ute to the routine wotknlg and decision making alongside
the Board of Trustees.
The TTUStee6 8nd Associates, where prdcticable are iDvoFYed ill thc work of the F¢)od BaDk
Organisaliunal strucl¥re
For T¢asgw m¢ntioned above, the expansion of the food bank operation has stretched ow administration
r¢sour¢es beyolld lin]it. Following the restgnation of our fOrnr salaried food bank coordinator in March 2023
th¢ opportLmily was taken to review the food bank Admilltstratio The review concluded that we needed to
in¢r¢as¢ th¢ niunber of salaried stsff. In August 2023 we appotnted two fvll tirne salaricd food bank
(kordiuators. WO continues fillther define their specific rol&s and resw>wibiliti¢s to make b¢5t use of their
skills and aspiralions io the benefit of the food baDk and our clients.
The aTmuAI r¢port approved by the tThslees of the charity on.................... and sIg[d on its b¢half by..
hn Rowley
Tiwtee
Page 4
Wansbeck Valley Food Bank
Slatement of Trnstees, Responsibilities
The trnstees are responsible for preparing the trustee5' r¢port and Ihe financial statements III 20cordance the
United Kingdom Accountin8 Standards (UJ)ited Kingdom G¢n¢ra]ly Accepted Accounting Practice) alld
applicable and regulations.
The law applicable to charitie5 requires the trnstees to prare fiDancial statellkents for eaeb financial year which
give a irue and fair view of the state of affairs of the cb.arity and of the incon]iDg resources and applic&tion of
resources of tbe charity for that period. In preparing these financial 5tatero¢nts, th¢ trustees ar¢ r¢quired to..
select Suitable accounting policie5 8nd then apply th¢m 1Stently.
observ¢ the methods and prin¢ipl¢s in the Charities SORP.
make judg6ts]ents attd estinjates that are reasonable and prudent;
State whether applieable accounting standards bave been followed subj¢¢t to any m&t¢rial dartur¢S
disclosed alld explained in the financial st8tetnents' and
prepare Ibe financial ststements on the going concern basi5 unless it is inappropriate to pr¢5ume that th¢
chariry WAII continue in business.
The trustees are responsible for keeping proper a¢coanting records that disclose with reasonable accuracy at any
time the financial position of th¢ charity and ujable thern to eDsurc that tbe fanCial ststements comply with the
Charities Act 2011, thc Charities (Accounts and Reports) Rcgulatiolls 2008, and the pmvisioos of the
consti110n. The trustees are also respoDsiblc for safrgwrding the &ssers of the ¢lwity and IL¢nce for tsktllg
reasonable steps for the preventiott and detection of fraud and (Trther iTrcgulartti¢s.
Th¢ trust¢¢8 arc responsibl¢ for the m&int¢naDC¢ 8lld illtegrity of the co4x)rate and fiThamcial infornhation
included on the ¢haritabl¢ cojnpanS w¢bsit. txgislation governmg the preparation and dissejnination of
financial staten)ents DY differ from legi512tion iu oth¢r juri5dictioDs.
Approved by tILe trustees of tlLe ClrItY ott.................... and signed on its behalf by.
ev
Jobn Rowley
tee
P¢5
Wansbeck Valley Food Bank
Independent Examiner's Report to the trllstees of Wansbeck Valley Food Bank
I report lo tlic trusl¢e5 on my exaniination of the accollnts of Wansbeck Valley Food Bank for th¢ year ended 31
t)e¢ember 2023.
Responsibilities and basis of report
As tl)e charily trustees of Wan%l)cck Valley Food Bank you are rcsponsiblc for the preparalioii of the accout]ts in
accordance witl) the requirements of the Cliaritie5 Act 2011 {'the Act,).
I report in Tespect of Iny examination of the Wansbeck Valley Food Bank's 8CCOUllts carried out under section
145 of tlie 2011 Act and iii carrying out my examiiialion I have followed all the applicable Directions given by
the Cliarity colnIsSIo11 under section 145{5llbl of the Act.
Independent exaniiner's statement
I have coimpleted my cxamillation. I confTttn that no material matters havc cotne to my attention in connection
with the examination giving ine cause to believe that in any matCTial r¢5PCCt'.
accounting records were not kept in respect of Wansb¢ck Valley Food Bank as rcquircd by section 130 of
tlic Act., or
2. the accounts do not accord with those r¢cords; or
3. the accounts do not comply with the accounting requircmenls concerning thc form and content of accounts
set out iti Ilie Chariiies (Aceounts and Reports) Regulations 2008 other tlian any requiiemenl that tlic
aceounls give a 'true and fair view which 55 Ilot a Inalter considered as part of an independent
examination.
I have no concerns and have cotne across no oth¢r matters in cot]nection witli the examination to which attention
should be drawn in this report in order to enable a prop¢r und¢TStanding of the accounts to be reach¢d.
R Thojnpsoii
ICAEW
Elorough Hall
Wcllway
Morpcth
Nortliuiiiberland
NE61 IHN
Date..
Page 6
Wansbeek Valley Food Bank
Statement of Financial Aetivities for the Year Ended 31 December 2023
Unrestricted
funds
Tot91
2023
Note
Income and Endowments from:
Donations aud l¢ga¢i¢s
Invcstm¢nt in¢orn¢
183,626
5,282
183,626
5,282
Total income
188,908
188,908
Expenditure on:
Raising fid8
chItable activitL¢5
(1,260)
(214.629)
(1,260)
1214,629)
Total expenditure
Net expendittire
(215,889
215,889
26,981
(26,981)
Net Anovement in fids
(26,981)
(26,981}
Reconci]i4tioD of funds
Total funds brougbt forw1
299,420
299,420
Tott41 funds rried forword
14
272,439
Ullrestricted
funds
272,439
Tots
2022
ltteotne Elldowments from:
Donations and legacies
tnvesttnent inCot
180,071
926
180,071
926
Total income
180,997
180,997
Expendlture oll:
Raising funds
Charitable activities
(902)
95,458)
(902)
195,458)
Total expendiwre
196,360
196,360)
Net income
84,637
84,637
Net movement in fimds
84,637
84,637
Reconeili&tion of funds
Total tunds brougbi forward
214,783
214,783
Tots] Sjnds carried fonvard
14
299.420
299,420
All of th¢ charttPs activities d¢rtYe from ¢ontinll]ng operations during the above two periods.
The funds breakdown for 2022 i$ thown in note 14.
The llote8 on p&8es 9 to 15 form an integral partof thc5¢ fancial slatcments.
Page 7
Wansbeck Valley Food Bank
IRegistration number: 1177303)
Balance Sheet as at 31 December 2023
2023
2022
F4o¢e
Current a8yets
Debtors
Cash atbAnk atsd in haltd
2.832
272,711
10
3CII,413
301,413
275,543
Creditors: Atnounts f411ing dye within olle yeAr
li
(3,104
27>,439
1,993
Net issets
299,420
Vunds of the cb&rity:
Unrestricted intome fulld$
Unrestricted fldS
272.439
299,420
Total funds
14
272,439
299.420
The financial state¢t3 on pages 7 to 15 were approved by the trnstees. ynd autiioTll for i8Sll¢ Ott
. alld SLgtted OD their behalf bjr.
Reyd Jobll Rowl¢y
T1
Tlic not&s on pag¢s 9 to 15 forrn itttegrnl portof these fllwcial slatements.
Page 8
Wansbeck Valley Food Bank
Noles to the Finaneial Statements for the Year Ended 31 December 2023
l Accountlng poNcles
Statement of eomplian¢e
The fmattcial Statements have been piepaied in ac¢ordanc¢ with th¢ second edition of the Charities Statement of
Recommended Practiee issued in October 2019. tbe Financial R¢portiTL8 Sratidard applicable itt the Utiited
Kinxdom and Republic of Irelalld {FRS 102) and the Chariti¢s A¢t 2011.
Basis of prep4Tation
Wansbeck Valley Food Bank meets the definition of & public benefit entity und¢r FRS 102. The accounts
{fJnancial st&temenls) have been prep#red under the bistorical cost convention with items rQglS¢d at cost or
transaction Vlle unless otherwise stated in thc relevallt note(s) to these accouuts.
Going coneern
The trustees Consider that there are no material unc¢rtainties thllt the Charitys Ability to continue as a going
concern.
Income xnd ¢ttdowmettts
Volutttary income iDcluding donatioLs, gifts, legacies grdnts that provide eore fijllding or are of a general
Is recogtiised when ibe clwtty has erLtirlement the inwme. it is probable that the income will be
rpK¢ived and th¢ anwunt can be nkaswed with sufficienl reliability.
Don*iltsns and legAcie
Donations and legacie5 are ie¢ognised on a re1VIbl¢ b&sis whell receipt is probable and thc amount can be
reliably measured.
Grunts receivable
Grants are recogDised wh¢ll the charity has en1]de¢llt to the fimds and any conditions linked to the grants
have been met. Where performaDC¢ ¢ondition5 are athlched kn the grant and are yet to be met, the in¢(xne is
recognised as a liability and included on the balatic¢ sh¢et &8 defted income to be released.
Expenditure
All expe1]lure is recognised ot)ce there is a legal or constrCtIve obligation to that expenditure, it AS pmbable
s¢ttl¢tnent is requwed and the amount can be ineasurcd r¢liably. All costs are allocated to tbe applicable
¢xp¢nditure heading that aggregate similar costs to that category. Where costs eatt be directly attributed to
particular h¢adings they have been allocated on a basis coDsist¢nt with tbe use of resources. with eelltral staff
costs allocated OTh th¢ basis of time spent. and depreciation charges allocatcd (Fn tbe portion of tlLe asset's use.
Other support cost8 ar¢ 2llo¢at¢d ba%d oll thw $pread of statrco8ts.
Raisingfunds
These are $(% illCUTred iti attracting volunlary income. the maJ)agernent of investstLe]rts and those ineurred irt
trading activitics th&t raise fi]ntLs.
Chariluble ¢Vi$
Charitabl¢ exp¢nditure cotNprise5 those costs itlcurred by the cbarity in the deliv¢ry of its tivitieS alld Krvices
for its beneficiarÉcs. It includes botb costs that can be alloeated directly to such activiti¢s and thos¢ wsts of an
indirect nature ¢ssary to support them.
Page 9
Wansbeck Valley Food Bank
Notes to the Financial Statements for the Year Ended 31 December 2023 (continued)
Governan¢e ¢o$ts
These include tbe costs attributable to the c]Jarity's compliauce witb constitlltional and stOry requir¢ments,
including alldit, strntegic Managen1 and te¢S m¢etings and reimbuTsed expenses.
Taxation
The charity is ¢oDsidered to pa&$ the Sel out in Pardgrdph I SchUle 6 of the Finmce Act 2010 And
thcrcfore it meets the definition of a clmtitable company for LTK corpordtion tax pi]rposes. Accordingly, the
clwity is potentially ¢xen)pt from taxation in pecI of income or capital gains weived within categories
overed by Chapter 3 Part I l of the Corporation Tax Act 2010 or Swtion 256 of the T(on of Chargeable
Gains Act 1992, to the extellt that sueh income or gal% ate applied exclusiv¢ly to charitable purposes.
Tgngible rued assets
IndivÉdual fixed assets puwhaseil ott writt¢rt off in the year of purdmse.
The charity owns gl van which w8s traDsf¢tred OD incorporation in 2015. In 2020, a 8¢CODd van and two
containers were puwha8ed. In 2023 th tbird was purcho
Trade debtors
Trttd6 debtors are amounts due from for erChandiSe sold or services performed in the ordinary
course of busine&8.
Trad6 debtors are recognised initially at the transaction price. They are subsequently w¢asur¢d at amortised cost
using the effeotive illterest methoiL less proiisioll for impairnienL A provision for th¢ imp211ment of trade
debtors is established when there is obj¢ctiv¢ wideDce th&1 the cbarity will not be abl¢ to Collect all attM)unts due
according to tbe original tem]s of the receivablG8.
Cash and cAsh equivalents
Casb and c&¥h equitrajents comprise cash on haDd and deposits, and other short-temi highly liquid
investments that are readily convertible to a knowD amount of cash arml arE subje¢t to an itL8ignifi¢ant risk of
clwige in vttllle.
Fulld strncture
Unr¢stricted incoTne funds are general firnds tlnt are ayaiiable for us¢ at the trLL8tees diKretion in fijrtherdnce of
the obj¢ctivcs ot the charity.
R¢stricted illcome funds are those donated for use in a ptirti¢ulAr area or for specific purposes, the use of which
is restrioted to that or purpose.
P¢D51ons xlld other post retirement obligations
The charity operat¢s a def]Ded cotstribution pension scheme which is a p¢nsioll plall under wbicb fixed
contiibutions are paid into a pension futtd and the charity has no legal or ¢onstruottv¢ obligation to pay furtb
eontiibutions even if th¢ fund does not bold sfficieT1t a&8ets to pay all employe¢s th¢ beThefits retIng to
employee seryic¢ ITh the cwrent alld prior periods.
Contributions to defmed ¢ontribution plans are reeogtiised in the Ststement of Financial A¢tivities when they ar¢
due. If contribution pasinenis cx¢¢¢d th¢ Contributio due for setrvtce, tbe exces5 is Tecognis¢d as & prqKym¢nt.
Page 10
Wansbeck Valley Food Bank
Notes to the Financial Statements for the Year Ended 31 December 2023 (continued)
2 Income from donations and legaeies
Unrestri¢trd
funds
Gener81
Total
funds
DOtionS and le88cies,'
Donations fro]n itidlMduS
Legacies
Gift aid reclaimed
GrAnts, including capital grant5.
Grthts from other clwities
150.626
573
10.265
150.626
573
10.265
22,162
22,162
Total for 2023
183,626
183.626
Total for 2022
18U,071
180,071
3 Investment income
Unrestrlcted
fvllds
General
Total
funds
Inter¢st receiwable and similar income-
Int¢rest re¢eivabl¢ oll baok deposits
5,282
Total for 2023
5.282
5.282
Total for 2022
926
926
4 Expelldlture on charitable *ctiYities
Unresh4cted
fund$
Gelleral
Total
funds
Note
Exp¢nditwe on Charitable Aetivities
Govemance costs
124,356
90293
124.336
90,293
214,629
Total for 2023
214,629
Total for 2022
95,458
95,458
Page 11
Wansbeck Valley Food Bank
Notes to the Finaneial Statements for the Year Ended 31 December 2023 (continued)
5 Analyslg of governance and support Costs
Gov¢rllaD¢e co$ts
UDrestricted
fullds
General
Totsl
funds
Stsff costs
Wag¢s and Salaries
Pension costs
Other staff costs
Audit fees
Other fees paid to auditors
Other goyernance costs
25,436
515
25,436
515
426
426
2,338
61578
2,J38
61,578
Total for 2023
90.293
90,293
Total for 2022
45242
45,242
6 Trust¢¢g remulleratlon and expenses
No tn]stees, nor ony persons conne¢t¢d with thetffj have ieceived Any remuneration from the charity durillg tbe
year.
7 Staff ¢osts
The aggregate payroll costs wwe as follows".
202J
2022
Staff costs during the ye*r were:
Wagcs and salaries
Pension costs
Other staff costs
25.436
515
426
20.403
425
26,377
20,828
The montbly ayerage number of peolls (iDc11IDg wiior D]allagement I leadetship team) enwloyed by the
charity during the year expressed as fjjll titne equivalents was as follows:
2023
No
2022
EJDploye¢ numbcrs
Page 12
Wansbeck Valley Food Bank
Notes to the Financlal Statements for the Yeydr Ended 31 December 2023 (conlinued)
No employee received emoluments of than £60,IKKI during the year
8 TaxAtion
The chariiy is a reBiSt¢r¢d clwlty attd is therefore exempi from tatiO
9 D¢btor$
2023
Othcr debtors
2,832
10 Cash and ea8h equivalents
2023
2022
Ch Ild
Cash al baDk
Short-temi deposits
50
6,735
265,926
50
5,704
295,659
272,711
301,413
11 Creditors: OUnts fallitig wlthlll one year
2023
2022
Other iaxation and Social security
Other creditors
Accnjals
514
25?
2,338
(321)
99
2,215
3,1(M
1.993
12 Pension other scheme5
Defined contrlbution pen5iOD 8themE
The charity operat&4 a defined contribution pension sth¢me. The pension cost charge for the year rq)Tesents
contributions payable by tbe charity to the scheme and £515 {2022- £425}.
13 Fin#n¢ial guarantee contracts
The ttustres coufimi accordallce wilb the Charitable IncoTPOTated Org8llisaiiODS (G¢ncral) Regulations 2012,
that at the year end the CIO dtd not have Rtty outstanding guaTrntees to third parties nor any debts secured on
assets of the CIO.
The amount of the financial guarantee contsxct is L.
Page 13
W2nsbeck Valley Food Bank
Notes to the Financial Statements for the Year Ended 31 December 2023 (continued)
14 Funds
BaLAnce at 31
December
2023
Balance 8t I
J*DU4ry 2023
Incoming
rewmrce
Resourtes
expended
Ullrestrlcted fund5
General
299,420
188.908
215,889)
272,439
BaIance at 31
Deeember
2022
alance at I
January 2022
Incoming
re50urce5
Resourees
expended
Unrestrletod fund3
General
214,783
180,997
96,360
299,420
15 Analvsis of net f15$ets betw¢en fwids
Unrestricted
fllDds
General
TotAI funds at
31 December
2023
Current assets
Current li&bilities
275,543
(3,104
27?,439
275,543
(3,104
272,439
Total net ets
LTnrestricted
fllDdg
Ceneral
Total funds at
31 December
2022
Current assets
CutTent liabib.ties
301,413
(1,993}
301,413
(1,993)
Ttstal net assets
11
299,420
299,420
16 Analysls of llet funds
At31
Dccernber
2023
At l January Flllanclng casb
2023
flows
Cash at bank and in hand
301.413
28,702
272,711
Net debt
301.413 _
27?,711
P14
Wansbeck Valley Food Bank
Notes to the Financial Ststements for the YeAr Ended 31 December 2023 (contlnued}
At31
Decetllber
2022
At l January c*$h
21122
flows
Cash at bthnk in hand
217.167
84,246
301,413
Net debt
217.167
84,246
301,413
Page 15
Wansbeck Valley Food Bank
Statement of Financial Aetivities by fund for the Year Ended 31 December 2023
Tot&1
TotAI
LTllrestricted Unrestricted
Funds
Funds
2023
2022
Income and Endowments from:
Dot)ations and legacies
lThvestn]ellt itt¢ou
183,626
5,282
180,071
926
Total in¢ome
188,908
180,997
xpenditure on:
Raising ndS
Charttable activities
(1260)
214,629)
(9021
95.458
Total expenditure
Net (eXpendIre)11c0Mc
215,889
96,360
(26,981}
84,637
Net mov¢Trent tn fi]nds
(26,981}
84,637
Reconcllfatlon of fund$
Tot&1 fid8 brought forward
299,420
214,783
Tot&1 ful$ carried forward
272,439
299,420
This page do¢s not forn) part of the statutory finall¢ial st&tement&
Page 16
Wansbeck Valley Fo(Hl Bank
Detailed Statement of Financial Acttvities for the Year Ended 31 December 2023
Tot41
2023
Tot&1
2022
Income #nd EndowmeDts from:
Don&tions alld legacies laDalysed below)
Investrnent inwmc (allaId below)
183,626
5.282
180,071
926
Total income
188,908
180,997
xpenditure on:
Raising fithkits latvdlysed below)
Chwit&bl¢ activities (analysed below)
(1,260)
(214.629
(902)
{95,458)
Total expenditure
215,889)
96,360
Net (expenditUreYncornc
{26,981
84,637
Net movement in funds
(26.981)
84,637
Reconciliation of fund$
Total funds brougbt forward
299,420
214.783
Total funds carried fonvard
272,439
299,420
This page does not fomi part of the stathtory financial stat¢m¢nts.
Page 17
Wansbeck Valley Food Bank
Detailed Statement of Financial Activities for the Year Ended 31 December 2023
(continued)
Tot81
2023
Tot*1
2022
Don4tiolls dnd legacies
Legaci¢s aud bequests
Donation5- llldividuals
Donations- Churches
Donations- Town and Parish Councils
Donations- Collection Boxes
Donations- Local and Clwb$
Gift Aid tax recIa1nd
Grgnts- other Ageneies
573
112,746
4,387
21,500
100
11,893
10,265
22,162
91.255
2,207
22,130
18,496
8,278
37,705
183,626
180,071
INveslmenl ¥n¢ome
tnterest on deposits
5,282
926
5,282
926
4ivlngfunds
Fulldraising costs
{1.260)
902
902
ChuAtable aethryiies
Food and Toiletries
Packaging
wag and salari¢
Staff pcnsions ¢fined contribution}- p¢llsiou s¢h¢Jn¢ I
Recruitmeni Cost
Rent
{123.1(I))
{1,176)
(25,436)
(515)
{426)
(3,166)
(680)
(4,483)
(5,585)
(1,600)
(305)
{5,187)
(40,480)
{2J38)
(92)
{47,277)
(2,939)
{20,403)
(425)
(3241
(5781
(2,088)
(6331
(2,081}
{3661
{2,444}
(13,5401
(2,230)
(129)
(i)
95,458
Insurance
Tel¢phonc and Station¢ry
F4uipment and IT
Printillg
Sundry ¢xp¢ns¢s
Northg&t¢ Pr¢mtKs ExpeDS
Motor expenses
Accouttt2ncy fees
Bank ¢horges
Other illterest payablc
?14,629
This page does not form part of the 8tabJtory finallcial statements.
Page 18