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statements.
C*dfrey CLqff
Tw$tee
The Charity Registration Number I s :1177306
Glossopdale Foodbank Report and Accounts
31 March 2021
## **Glossopdale Foodbank**
## **Report and accounts for the year ended 31 March 2021**
## **Contents**
||**Page**||
|---|---|---|
|**Charity information**||1|
|**Trustees' Annual Report**||2|
|**Statement of directors' responsibilities**||7|
|**Independent Accountant's Report**||8|
|**_Fund Statements :-_**|||
|Statement of Financial Activities||10|
|Statement of Financial Activities - Prior Year statement||11|
|Income and Expenditure account||12|
|**Balance sheet**||13|
|**Notes to the accounts**||14|
## **Glossopdale Foodbank**
## **Trustees' Annual Report for the year ended 31 March 2021**
The Trustees present their Report and Accounts for the period ended 31 March 2021.
## **Reference and administrative details**
_**The charity’s name**_
The legal name of the charity is: Glossopdale Foodbank
The Charity also operates under the above name.
## _**The charity's area of operation and UK charitable registration.**_
The charity operates in England and is registered in England & Wales with the Charity Commission in England & Wales (CCEW) with charity number 1177306
## _**Legal structure of the charity**_
The charity is constituted as a Charitable Incorporated Organisation (CIO) in England & Wales. The governing document of the charity is the constitution of the CIO as approved by the Charity Commission in England & Wales (CCEW).
There are no restrictions in the governing documents on the operation of the Charity or on its investment powers other than those imposed by Charity Law.
The trustees are all individuals.
1
## **Glossopdale Foodbank**
## **Trustees' Annual Report for the year to 31 March 2021**
## **The principal operating address, telephone number, email and web addresses of the charity are:-**
Bank House 22 Henry Street, Glossop Derbyshire, SK13 8BW Telephone: 07811 684282
Email Address: charlotte.glossopdalefoodbank@gmail.com Web address: www.glossopdalefoodbank.org.uk
## **The Trustees in office on the date the report was approved were :**
John Charles Bishop Godfrey Claff Jane Mary Dixon Susan Margaret Foster Angela Carol Grills Jean Hobson Stella Margaret Hutchinson Stephen Robert Kimber Graham Michael Oakley Paul Rucki Sheila Ann Yamin Sarah Fox
The trustees who served as a trustee in the reporting period were as shown above.
During the year the following changes to the trustees were made:
Date Appointed Sara Fox 14/12/2020 Date resigned Dave Wilcox 14/12/2020
All the trustees are also members of the charity.
2
## **Glossopdale Foodbank**
## **Trustees' Annual Report for the year to 31 March 2021**
## **Objects and activities of the charity**
## _**The purposes of the charity as set out in its governing document.**_
The object of the CIO, as described in our constitution, is the relief of poverty of residents in the Borough of High Peak and neighbouring areas through actions including, but not limited to, the provision of food parcels and information about other relevant services.
We keep our aims, objectives and activities under constant review through monthly Trustee meetings. This report looks at what we have achieved over the past 12 months. We have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when setting our aim and objectives and in planning our future activities.
In the unprecedented circumstances of the last 12 months, we have continually assessed our approach and methods of operation. This to ensure we continue to fulfil our objectives, whilst safeguarding our volunteers.
3
**Glossopdale Foodbank**
## **Trustees' Annual Report for the year ended31 March 2021**
## _**Review of the work carried out by the Charity during the year**_
We aim to meet the needs of those who live in the Glossopdale area who are experiencing food poverty, respecting their dignity and giving them opportunities to solve their financial difficulties for the longer term. The new system of distribution and the establishment of a home delivery service for people shielding and selfisolating which began in March 2020, in response to Covid 19, was maintained throughout the year. In addition, some of our distribution points either were closed or had restricted opening times. Therefore we adapted our approach to ensure requests for food parcels were met.
## **Provision of Food to People in Crisis**
There was a significant increase demand for emergency food in Glossopdale during 2020-21. For example, during the calendar year 2020, Glossopdale Foodbank received 1967 requests for emergency food parcels (an increase on the previous year of 784 which provided 42,147 meals (an increase of 19,278). There were 2,845 adult referrals and 1,838 to children under 16.
Partnerships with Children’s services, Adult Social Care and Citizen’s Advice have continued. Job Centre Plus signposts to the Foodbank for people in need.
Local schools, churches and businesses continue to support the Foodbank, consistently providing food and financial donations.
In addition, the Foodbank continues to liaise closely with Whitfield Foodclub, The Gamesley Pantry and Hadfield Coming Together, signposting foodbank recipients to these projects and donating fresh food to them which we are unable to utilise.
A number of businesses and social organisations have been extremely generous during 2020/21. In particular : Eatwell Glossop, Plato Chemicals, Tesco (Groundwork), Country Homes and United Way Worldwide.
The response from local individuals has been remarkable. 13 people donated £500 or more and a further 7 £1,000.
Local Councilors continue to support the Foodbank through their Councillor’s Initiative Funds.
Food collection points are still in position in Tesco’s Glossop, Marks and Spencer Glossop, Glossop Wholefoods, Simmondley Co-op and Glossop Leisure Centre. Our collection basket in Tesco is emptied twice a week. Overall, our public profile has been raised in several ways - regular press bulletins, via Facebook and Glossopdale Foodbank Website. This complemented by targeted leafleting. The support from the Glossopdale community has been and continues to be, outstanding.
## **Foodbank Plus; Helping to Move People On**
Glossopdale Foodbank is now into its fifth year of partnership with Citizens Advice through our joint project, Foodbank Plus. This continued during 20/21 and will do so for a minimum of 3 months after March 2021. This particular initiative was part funded by the Linde Grant form United Way Worldwide (USA)
A substantial number of food bank recipients consented to being contacted by the link Citizen’s Advice Advisor. Hence, this joint partnership was able to considerably help a significant number of foodbank clients with mainly benefit and debt issues. The project helped recover and maximise income for these clients as well as successfully apply for grants for replacement household items. This is a significant indicator of the worth of the partnership. Low income remains the chief reason behind applications to the Foodbank, although Universal Credit has begun to show up as another factor. We have ongoing, strong links with The Bureau in Glossop and its ‘Towards Work’ projects which are proving to make a difference to the lives of vulnerable members of the local community.
## We have 2 committees/groups :
The Trustees Committee has overall responsibility for all foodbank matters. It has continued to meet ‘virtually’ on a monthly basis, during the pandemic. This main committee is supplemented by specific sub groups which in the year were set up to consider various matters such as fundraising, voucher schemes, promotional materials and additional premises. Each sub-group proposes options or recommendations to be discussed at the monthly Trustees Committee meeting.
The trustees have had regard to the Charity Commission's guidance on public benefit in managing the activities of the charity.
4
## **Glossopdale Foodbank**
## **Trustees' Annual Report for the year ended31 March 2021**
## _**Planning for the future**_
We aim to continue the work of the charity, whilst not losing sight of its value as a local service. Numbers of applicants, sadly, did increase substantially due to Covid-19, as anticipated. A particular concern was the number of children needing emergency food. Forward planning for the potential substantial increase in demand for parcels, which began Feb/March 2020, placed the Foodbank in a good position to respond. Allied to the unprecedented increase in donations, this meant we were able to satisfy every request for food parcels. A flexible approach enabled the Foodbank to undertake home deliveries to those isolating or unable to collect parcels
## _**The contribution of volunteers during the period.**_
Our service is provided by a team of some 70 volunteers who are local residents. A Coordinator is employed to marshal the activities of the volunteers. The regular, committed support from our expanded team of volunteers has ensured that food collections, sorting and distribution have continued seamlessly, as we have adapted to the circumstances brought about by the pandemic. Close monitoring of donations and expenditure and a flexible strategy have ensured our continuing sustainability. The year has seen 10 new volunteers joining the charity.
## _**Fundraising activities during the period.**_
The overall response from individuals and commerce has been such that no specific fundraising activities were necessary. Rather the scale of the response has enabled the foodbank to extend its range of operation. At Christmas we were able for the first time to provide additional, non-food items such as toiletries and family games. This initiative was warmly received and we hope to repeat it.
We have amended our website to indicate the preferred method of giving is via Local Giving ( previously PayPal). This increases visibility of donations, incurs less fees, and enables the Charity to issue ‘thank yous’ to donors more easily
We can now see a sustainable future for a number of years ahead. This notwithstanding the special heavy financial demands COVID-19 and its ramifications might continue to place on the charity, and if numbers continue at present level, and there is also a reduction in the exceptional level of donations
## **Structure, governance and management of the charity**
## _**The methods used to recruit and appoint new charity trustees.**_
Glossopdale Foodbank is registered with the Charity Commission as a Charitable Incorporated Organisation (CIO).
Our Governing Instrument is a constitution.
All committee members and volunteers are enrolled as members. Our constitution governs the election process for trustees from our membership.
The charity is governed by a Management Committee of Trustees which meets monthly.
The Charity employs a Coordinator whose role is to organise and support our volunteers and carry out some administrative duties.
Bankers
Accountant
Cooperative Bank plc, Skelmersdale, WN8 6WT
M C Galvin FCA, 1 Duke Street, Glossop, Derbyshire, SK13 8JD
5
## **Glossopdale Foodbank**
## **Trustees' Annual Report for the year ended31 March 2021**
## **Financial review**
## _**The charity's financial position at the end of 31 March 2021**_
The financial position of the charity at 31 March 2021 and comparatives for the prior year to 31 March 2019 as more fully detailed in the accounts, can be summarised as follows :
|**Net income**
Unrestricted Revenue Funds available for the
general purposes of the charity
Restricted Revenue Funds
**Total Funds**|**2021**
**£**
59,933
101,230
3,517
104,747||**2020**
**£**
4,485|
|---|---|---|---|
||||34,516
10,297|
||||44,813|
## _**Financial review of the position at the reporting date, 31 March 2021**_
The trustees consider the financial performance by the charity during the year to have been satisfactory.
## _**Policies on reserves.**_
The following policy was approved by Trustees, 9[th] November 2020
Foodbank income relies exclusively on donations from the local community. If income did fall it would not be equivalent to the removal of a significant sum of grant aid but much more a decline over a period of time as donations decreased and expenditure remained stable or increased. Quite quickly though, expenditure could outstrip income. Over a two to threeyear period the Foodbank would quickly become unviable.
Given the unlikelihood of any finance from either DCC or HPBC, this loss of income would take time to replace. Following the end of the Big Lottery funding it took two years for the Foodbank to achieve sustainability on an annual expenditure of £22,000. It would therefore be prudent for reserves to reflect a three-year deterioration in donations with the same period required to regenerate the necessary income. The Foodbank should therefore anticipate an increase in expenditure over income and set itself a target of a reserve fund to mitigate this.
An _average_ loss of £20,000 - £25,000 for each of the years of income-decline would not be difficult to anticipate. The Foodbank should therefore set itself the target of covering that extent of decline and seek to have a reserve of £70,000.
Review of this Policy - this policy should be reviewed, and amended in light of changing circumstances, every twelve months.
6
## **Glossopdale Foodbank**
## **Trustees' Annual Report for the year ended31 March 2021**
## **Statement of Trustees' Responsibilities**
The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities Act 2011 and the Charities (Accounts and Reports) Regulations 2008. Notwithstanding the explicit requirement in the extant statutory regulations,the Charities (Accounts and Reports) Regulations 2008, to prepare the financial statements in accordance with the SORP 2005, in view of the fact that the SORP 2005 has been withdrawn, the Trustees determined to interpret this responsibility as requiring them to follow current best practice and prepare the accounts according to the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to accounting periods beginning on or after 1[st] January 2019), (The SORP).
In particular, charity law requires the Trustees, if they prepare accounts on an accruals basis, to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Trustees are required to :-
- to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law).
- select suitable accounting policies and apply them consistently;
- make judgements and estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate
- to presume that the charity will continue in business;
- state whether applicable accounting standards and statements of
recommended practice have been followed, subject to any material
- departures disclosed and explained in the financial statements;
The law requires that the trustees must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for the year.
The Trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with regulations made under the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The Trustees are also responsible for the contents of the Trustees' report, and the statutory responsibility of the Independent Examiner in relation to the Trustees' report is limited to examining the report and ensuring that, on the face of the report, there are no material inconsistencies with the figures disclosed in the financial statements.
This report was approved by the board of trustees on ………………...
Godfrey Claff Trustee
7
## **Glossopdale Foodbank**
## **Report of the Independent Examiner to the Trustees of the charity on the accounts for the year ended 31 March 2021**
I report to the Trustees on my examination of the financial statements of the charity on pages 10 to 23 for the period ended 31 March 2021 which have been prepared in accordance with the Charities Act 2011 (the Act) and with the Financial Reporting Standard 102, (effective 1st January 2016) as modified by FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to accounting periods beginning on or after 1[st] January 2019), (The SORP), published by the Charity Commission in England & Wales (CCEW) , and under the historical cost convention and the accounting policies set out on page 16.
## **Respective responsibilities of the Trustees and the Independent Examiner and the basis of the report**
As described on page 76, you, the charity's Trustees, are responsible for the preparation of the financial statements in accordance with the Charities Act 2011 and all other applicable law and with United Kingdom Generally Accepted Accounting Practice, applicable to smaller entities, and for being satisfied that the financial statements give a true and fair view.
The Trustees consider that the audit requirement of Section 144(1) of the Charities Act 2011 (the Act) does not apply, and that there is no requirement in the Governing Document for the conducting of an audit. As a consequence, the Trustees have elected that the financial statements be subject to independent examination.
Having satisfied myself that the financial statements are not required to be audited under any legal provision, or otherwise, and are eligible for independent examination, it is my responsibility to:-
a) examine the financial statements of the charity under Section 145 of the Act;
b) follow the applicable procedures in the Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Basis of Independent Examiner's Statement and scope of work undertaken**
I report in respect of my examination of the charity's financial statements carried out under s145 of the Act. 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 setting out the duties of an independent examiner in relation to the conducting of an independent examination. An independent examination includes a review of the accounting records kept by the charity and of the accounting systems employed by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you, as Trustees, concerning such matters. The purpose of the examination is to establish as far as possible that there have been no breaches of charity legislation and that, on a test basis of evidence relevant to the amounts and disclosures made, the financial statements comply with the SORP.
The procedures undertaken do not provide all the evidence that would be required in an audit, and information supplied by the Trustees in the course of the examination is not subjected to audit tests or enquiries and does not cover all the matters that an auditor would consider in arriving at an opinion. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide
8
## **Glossopdale Foodbank**
Consequently, I do not express an audit opinion on the view given by the financial statements, and in particular, I express no opinion as to whether the financial statements give a true and fair view of the affairs of the charity, and my report is limited to the matters set out in the statement below.
I planned and performed my examination so as to satisfy myself that the objectives of the independent examination are achieved and before finalising the report I obtained written assurances from the Trustees of all material matters.
## **Independent Examiner's Statement, Report and Opinion**
Subject to the limitations upon the scope of my work as detailed above, I have completed my examination: and can confirm that:-
This is a report in respect of an examination carried out under 145 of the Act and in accordance with Directions given by the Charity Commission under section 145(5)(b) of the Act which may be applicable;
and that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:-
accounting records were not kept in respect of the charity as required by with Section 130 of The Charities Act 2011;
the financial statements do not accord with those records; or
the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view, which is not a matter considered as part of an independent examination;
have not been prepared in accordance with the methods and principles set out in the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to accounting periods commencing after 1[st] January 2019), (The SORP).
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 financial statements to be reached.
## **Signed:-**
Martin C Galvin - Independent Examiner
## Chartered Accountant
1 Duke Street Glossop Derbyshire SK13 8JD
This report was signed on …………………….
9
## **Glossopdale Foodbank - Statement of Financial Activities for the year ended 31 March 2021**
|**SORP**
**Ref**
**Income & Endowments from:**
Donations & Legacies
A1
Investment Income
A4
**Total Income**
**Expenditure on:**
Raising funds (see notes to Accounts 22)
B1
Charitable activities
B2
**Net income for the period**
**Reconciliation of funds:-**
E
**Total funds brought forward**
**Total funds carried forward**|
**Current year**
**Current year**
**Current year**
**Prior Year**
144,357
5,132
**149,489**
62,838
291
**2910**
269
102,048
5,632
**107,680**
**63,107**
144,648 5,132 **149,780**
**63,107**
-
-
**-**
-
77,935
11,912
**89,847**
58,622
**66,713**
**(6,780)**
**59,933**
**4,485**
34,516
10,297
44,813
44,813
**101,230**
**3,517**
**104,747**
**44,813**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total Funds**
**Total Funds**
**(restated)**
**2021**
**2021**
**2021**
**2020**
**£**
**£**
**£**
**£**|
**Current year**
**Current year**
**Current year**
**Prior Year**
144,357
5,132
**149,489**
62,838
291
**2910**
269
102,048
5,632
**107,680**
**63,107**
144,648 5,132 **149,780**
**63,107**
-
-
**-**
-
77,935
11,912
**89,847**
58,622
**66,713**
**(6,780)**
**59,933**
**4,485**
34,516
10,297
44,813
44,813
**101,230**
**3,517**
**104,747**
**44,813**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total Funds**
**Total Funds**
**(restated)**
**2021**
**2021**
**2021**
**2020**
**£**
**£**
**£**
**£**|
**Current year**
**Current year**
**Current year**
**Prior Year**
144,357
5,132
**149,489**
62,838
291
**2910**
269
102,048
5,632
**107,680**
**63,107**
144,648 5,132 **149,780**
**63,107**
-
-
**-**
-
77,935
11,912
**89,847**
58,622
**66,713**
**(6,780)**
**59,933**
**4,485**
34,516
10,297
44,813
44,813
**101,230**
**3,517**
**104,747**
**44,813**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total Funds**
**Total Funds**
**(restated)**
**2021**
**2021**
**2021**
**2020**
**£**
**£**
**£**
**£**|
**Current year**
**Current year**
**Current year**
**Prior Year**
144,357
5,132
**149,489**
62,838
291
**2910**
269
102,048
5,632
**107,680**
**63,107**
144,648 5,132 **149,780**
**63,107**
-
-
**-**
-
77,935
11,912
**89,847**
58,622
**66,713**
**(6,780)**
**59,933**
**4,485**
34,516
10,297
44,813
44,813
**101,230**
**3,517**
**104,747**
**44,813**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total Funds**
**Total Funds**
**(restated)**
**2021**
**2021**
**2021**
**2020**
**£**
**£**
**£**
**£**|
**Current year**
**Current year**
**Current year**
**Prior Year**
144,357
5,132
**149,489**
62,838
291
**2910**
269
102,048
5,632
**107,680**
**63,107**
144,648 5,132 **149,780**
**63,107**
-
-
**-**
-
77,935
11,912
**89,847**
58,622
**66,713**
**(6,780)**
**59,933**
**4,485**
34,516
10,297
44,813
44,813
**101,230**
**3,517**
**104,747**
**44,813**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total Funds**
**Total Funds**
**(restated)**
**2021**
**2021**
**2021**
**2020**
**£**
**£**
**£**
**£**|
**Current year**
**Current year**
**Current year**
**Prior Year**
144,357
5,132
**149,489**
62,838
291
**2910**
269
102,048
5,632
**107,680**
**63,107**
144,648 5,132 **149,780**
**63,107**
-
-
**-**
-
77,935
11,912
**89,847**
58,622
**66,713**
**(6,780)**
**59,933**
**4,485**
34,516
10,297
44,813
44,813
**101,230**
**3,517**
**104,747**
**44,813**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total Funds**
**Total Funds**
**(restated)**
**2021**
**2021**
**2021**
**2020**
**£**
**£**
**£**
**£**|
|---|---|---|---|---|---|---|
||||||||
|||**66,713**
34,516||**(6,780)**
10,297|**59,933**
44,813
**104,747**||
|||**101,230**||**3,517**|||
The 'SORP Ref' indicated above is the classification of income set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the Balance Sheet.
A separate Statement of Total Recognised Gains and Losses is not required as this statement includes all recognised gains and losses.
All activities derive from continuing operations
## **The notes attached on pages 14 to 22 form an integral part of these accounts.**
10
## **Glossopdale Foodbank - Analysis of prior year total funds, as required by paragraph 4.2 of the SORP**
|**SORP**
**Ref**
**Income from:**
Donations & Legacies
Investment Income
A1
A4
**Total income**
**A**
**Expenditure on :**
Charitable activities
Raising Funds
B2
B1
**Total expenditure**
**B**
**Net income for the period**
**Reconciliation of Funds E**
**Total funds brought forward**
**Total funds carried forward**|**SORP**
**Ref**
**Income from:**
Donations & Legacies
Investment Income
A1
A4
**Total income**
**A**
**Expenditure on :**
Charitable activities
Raising Funds
B2
B1
**Total expenditure**
**B**
**Net income for the period**
**Reconciliation of Funds E**
**Total funds brought forward**
**Total funds carried forward**|**Prior Year**
**Unrestricted**
**Funds**
**2020**
**£**
62,498
269|**Prior Year**
**Restricted**
**Funds**
**2020**
**£**
340|**Prior Year**
**Total Funds**
**2020**
**(restated)**
**£**
**62,838**
**269**
**63,107**
**58,622**
**-**
**58,622**
**4,485**
**40,328**|
|---|---|---|---|---|
|||**62,767**|**340**||
|||
47,747|10,875
**10,875**||
|||**47,747**|||
||
|
**15,020**|
**(10,535)**||
|||**19,497**|**20,831**||
|||**34,517**|**10,296**|**44,813**|
## **All activities derive from continuing operations**
A separate Statement of Total Recognised Gains and Losses is not required as this statement includes all recognised gains and losses.'
## **The notes attached on pages 14 to 22 form an integral part of these accounts.**
11
## **Glossopdale Foodbank Income and Expenditure Account for the year ended 31 March 2021 as required by the Companies Act 2006**
|**_Income_**
Income from operations
Investment income
**Gross income in the year before exceptional items**
**Gross income in the year including exceptional items**
**_Expenditure_**
Charitable expenditure (no depreciation /amortisation)
Fundraising costs
Governance costs ( see note below)
**Total expenditure in the period**
**Net income before tax in the financial period**
Tax on surplus on ordinary activities
**Net income after tax in the financial period**
**Retained surplus for the period**
All activities derive from continuing operations|**2021**
**£**
149,489
291
**149,780**
**149,780**
**89,847**
**-**
**-**
**59,933**
59,933
-
**59,933**
**59,933**|**2020**
**£**
61,837
269|
|---|---|---|
|||**62,106**|
|||**63,107**|
|||**58,222**
**-**
**400**|
|||**58,622**
4,485
-|
|||**4,485**|
|||**4,485**|
In accordance with the provisions of the Companies Act 2006, the headings and subheadings used in the Income and Expenditure account have been adapted to reflect the special nature of the charity's activities.
Governance was carried out as in prior years, but the fees were kindly waived (see also note 1 to the accounts )
## **The notes attached on pages 14 to 22 form an integral part of these accounts.**
12
## **Glossopdale Foodbank - Balance Sheet as at 31 March 2021**
|**SORP**
Notes**Ref**
**Current assets**
B
Investments held as current assets
7
B3 40,319
Cash at bank and in hand
B4
65,103
**Total current assets**
105,422
**Creditors: amounts falling due within**
**one year**
8
C1(675)
**Net current assets**
**The total net assets of the charity**
**The total net assets of the charity are funded by the funds of the**
**Restricted funds**
Restricted Revenue Funds
**Unrestricted Funds**
11
D2
Unrestricted Revenue Funds
**Designated Funds**
11
D3
**Total charity funds**|
40,319
65,103|**2021**
**£**
104,747
104,747
**charity, as follows:-**
3,517
101,230
104,747|||**2020**
**£**
20,053
26,058|
|---|---|---|---|---|---|
||105,422
(675)||||46,561
(1,748)|
||||||44,813
44,813
10,297
34,516
44,813|
|||||||
|||||||
|||||||
The 'SORP Ref' indicated above is the classification of Balance Sheet items as set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the SOFA..
The Trustees acknowledge their responsibilities for complying with the requirements of charity legislation with respect to accounting records and the preparation of accounts.
The charity is subject to Independent Examination under charity legislation, and the report of the Independent Examiner is on page 8.
The Trustees are satisfied that, although the charity is not registered under the Companies Acts, if it were so registered, it would be eligible to prepare accounts in accordance with the provisions in Part 15 of the Companies Act 2006. applicable to companies subject to the small companies’ regime.
Godfrey Claff Trustee and Chair Approved by the board of trustees on ……………...
**The notes attached on pages 14 to 22 form an integral part of these accounts.**
13
## **Glossopdale Foodbank**
## **Notes to the Accounts for the year ended 31 March 2021**
## **1. Accounting policies**
## _**Policies relating to the production of the accounts.**_
## **Basis of preparation and accounting convention**
The accounts have been prepared on the receipts and payments basis, under the historical cost convention, and in accordance with the Financial Reporting Standard 102, (effective 1st January 2016) and 'FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in February 2016), (The SORP), published by the Charity Commission in England & Wales (CCEW) , effective January 2016, , and in accordance with all applicable law in the charity's jurisdiction of registration, except that the charity has prepared the financial statements in accordance with the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to accounting periods commencing on or after 1[st] January 2019), (The SORP), in preference to the previous SORP, the SORP 2005, which has been withdrawn, notwithstanding the fact that the extant statutory regulations, the Charities (Accounts and Reports) Regulations 2008 refer explicitly to the SORP 2005. This has been done to accord with current best practice.
## _**Policies relating to categories of income and income recognition.**_
## **Categories of Income**
All income of donations, subscriptions, grants or gift aid refunds are recognised when received by the Charity.
All income is accounted for gross, before deduction of any related fees or costs, except where deducted at
source
## _**Policies relating to expenditure on goods and services provided to the charity.**_
## **Recognition of liabilities and expenditure**
All revenue expenditure is recognised when paid. Accruals are made of any known liabilities. Services were provided to the organization free of charge, where in previous years they were charged on commercial terms. The value of these services is estimated at £850
## **Donated Goods**
Food is donated by the public and is valued at estimated supermarket prices. It is held in stock awaiting distribution to beneficiaries.
The amount estimated for the year to 31[st] March 2021 was £42,100 (£34,000 prior year) and this amount has been accounted as income (note 17) and the benefit to the beneficiaries is accounted for as food expenditure (note 20)
## **Fund Accounting**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal or as implied by law.
## **2. Liability to taxation**
The Trustees consider that the charity satisfies the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 for UK corporation tax purposes. Accordingly, the Charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by chapter 3 part11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively on the specific charitable objects of the charity and for no other purpose. Value Added Tax is not recoverable by the charity, and is therefore included in the relevant costs in the Statement of Financial Activities.
14
## **Glossopdale Foodbank**
## **Notes to the Accounts for the year to 31 March 2021**
## **3 Winding up or dissolution of the charity**
If upon winding up or dissolution of the charity there remain any assets, after the satisfaction of all debts and liabilities, the assets represented by the accumulated fund shall be transferred to some other charitable body or bodies having similar objects to the charity.
## **4 Significance of financial instruments to the charity's position**
There are no significant implications relating to financial instruments
## **5 Staff costs and emoluments**
|**_Salary costs_**|**2021**|**2020**|
|---|---|---|
||**£**|**£**|
|Gross Salaries and Employer Costs|23,223|15,958|
|**Total salaries, wages and related costs**|**23,223**|**15,958**|
|**_Numbers of full time employees or full time equivalents_**|**2021**|**2020**|
|The average number of total staff employed in the period was|1|1|
|Note – the main reason for the increase in salary costs is an uplift in the hours|||
|worked by the Co-ordinator in the year|||
||1||
|**_The estimated equivalent number of full time staff deployed in different activities in the period was:-_**|||
|Engaged on charitable activities|1|1|
|**_The estimated full- time equivalent number of all staff employed as above_**|1|1|
Neither the trustees nor any persons connected with them have received any remuneration from the charity or any related entity, either in the current or prior period.
No employees received emoluments (including pension costs) in excess of £60,000 per annum. (2020 nil)
## **6 Remuneration and payments to Trustees and persons connected with them**
No trustees or persons connected with them received any remuneration from the charity, or any related entity.
||-|-|-|-|
|---|---|---|---|---|
|**7**|**Investments held as current assets at market value at 31 March 2021**||||
||||**2021**|**2020**|
||||**£**|**£**|
||Cash on deposit - more than 3 months’ notice||**20,170**|**20,053**|
||Cash held on 1 year account (2 withdrawals permitted)||**20,007**|**-**|
15
## **Glossopdale Foodbank**
## **Notes to the Accounts for the year to 31 March 2021**
|**8 Creditors: amounts falling due within one year**|**2021**|**2020**|
|---|---|---|
||**£**|**£**|
|Accruals|**675**|**1,748**|
|**9 Income and Expenditure account summary**|**2021**|**2020 **|
||**£**|**£**|
|Surplus after tax for the period|**59,933**|**4,485**|
|Total Funds carried forward|**104,747**|**44,813**|
**10 Particulars of how funds are represented by assets and liabilities (there are no designated funds)**
|
**(there are no designated funds)**||
|---|---|
|**At 31 March 2021**
Current Assets
Current Liabilities
**At 31 March 2020**
Current Assets
Current Liabilities|**Unrestricted**
**funds**
**Restricted**
**funds**
**Total**
**Funds**
**£**
**£**
**£**
101,905
3,517
**105.422**
(675)
-
-
**(675)**|
||**101,230**
**-**
**3,517**
**104,747**|
||**Unrestricted**
**Restricted**
**Total**
**funds**
**funds**
**Funds**
**£**
**£**
**£**
36,264
(1,748)
10,297
**46,561**
**(1,748)**|
||**34,516**
**-**
**10,297**
**44,813**|
## **11 Change in total funds over the period as shown in Note 10 , analysed by individual funds**
||**Funds brought**|**Income**|**Expenditure**|**Funds**|**carried**|
|---|---|---|---|---|---|
||**forward from**|**received**|**2021**|**forward to**||
||**2020**|**2021**||**2022**||
|||**See Note 12**||||
||**£**|**£**|**£**||**£**|
|**_Unrestricted funds:-_**||||||
|Unrestricted Revenue Funds|34,516|144,648|(77,935)|**101,230**||
|**Total unrestricted funds**|**34,516**|**144,648**|**(77,935)**|**101,230**||
|||||||
|**_Restricted Funds :_**||||||
|Derbyshire CC (Post Lottery Funding)|9,000|-|(9,000)||**-**|
|Derbyshire CC (Foodbank Plus)|1,297|-|(1,250)||**47**|
|High Peak BC|-|550|(550)|**-**||
|United Way Worldwide Linde Grant|-|3,470|**-**|**3,470**||
16
## **Glossopdale Foodbank**
## **Notes to the Accounts for the year to 31 March 2021**
|**Restricted Funds contd**
Tesco / Groundwork
Local Giving matched Funding
**Total restricted funds**
**Total charity funds**|-
500
(500)**-**
-
612
( 612)**-**|
|---|---|
||**10,297**
**5,132**
**(11,912)**
**3,517**|
|||
||**44,813**
**149,780**
**(89,847) 104,747**|
Note - there were no transfers in the year
17
## **Glossopdale Foodbank**
## **Notes to the Accounts for the year to 31 March 2021**
## **12 Summary of movements in funds over the period as shown in Note 11**
||||**Other**||
|---|---|---|---|---|
||**Income**|**Expenditure**|**Gains &**|**Movement**|
||||**Losses**|**in funds**|
||**2021**|**2021**|**2021**|**2021**|
||**£**|**£**|**£**|**£**|
|**_Unrestricted and designated funds:-_**|||||
|Unrestricted Revenue Funds|**144,648**|**(77,935)**||**66,714**|
|**_Restricted funds:-_**|||||
|See Note 11 for detail|**5,132**|**(11,912)**||**(6,780)**|
## **13 The purposes for which the funds as detailed in note 11 are held by the charity are:-**
## _**Unrestricted and designated funds:-**_
|**_Unrestricted and designated funds:-_**||
|---|---|
||These funds are held for the meeting the objectives of the charity, and to|
|Unrestricted Revenue Funds|provide reserves for future activities, and subject to charity legislation, are|
||free from all restrictions on their use.|
|**_Restricted funds:-_**||
|Derbyshire County Council (Post Lottery|Funding to support running costs of Foodbank from March 2019|
|Funding)||
|Derbyshire County Council (Foodbank
Plus)|Provision of advice and support from other agencies|
|High Peak Borough Council (General Food
and Capital)
|Purchase of food for bags|
|United Way Worldwide Linde Grant
|Continued funding of the FoodBank Plus programme|
|Tesco / Groundwork
initiative
|Purchase of food and bags|
|Local Giving
|Further development, non day-to-day operations|
|Matched Funding Grant||
## **14 Ultimate controlling party**
The charity is under the control of its legal members.
If the CIO is wound up, the members of the CIO have no liability to contribute to its assets and no personal responsibility for settling its debts and liabilities.
## **15 Investment Income**
The total amount of investment income received in the year to 31 March was £291, of which £25 was received into the current bank account, and £266 retained in the investment account
## **16 Exceptional Items**
There were no exceptional items of income or expenditure in the year
18
## **Glossopdale Foodbank**
## **Detailed analysis of income and expenditure for the year to 31 March 2021 as required by the SORP 2015**
## _**This analysis is classsified by conventional nominal descriptions and not by activity.**_
## **17 Donations and Legacies**
|**Current year**
**Unrestricted**
**Funds**
**2021**
**£**
**Donations and gifts from individuals**
Small donations individually less than £1500 (incl
97,161
Gift Aid reclaimed)
Value of food donated by the public 42,100
**Total donations and gifts from individuals**
**139,261**
**Revenue grants from government and public bodies**
Derbyshire County Council
High Peak Borough Council
2,000
**Total public sector revenue grants**
**2,000**
**Revenue grants and donations from non-public bodies**
The Glossop Vehicle Enthusiasts Club
Buxton Foodbank
Eatwell Glossop
Plater Chemicals
Country Homes
Tesco / Groundwork
Local Giving
United Way Worldwide
-
1,746
750
600
**Total private sector revenue grants**
**3,096**
**Total Donations and Legacies**
**A1**
**144,357**
**18 Investment Income**
**Current**
**year**
**Unrestricted**
**Funds**
Total interest receivable
291
**Total investment income**
**291 **|**Current year**
**Unrestricted**
**Funds**
**2021**
**£**
**Donations and gifts from individuals**
Small donations individually less than £1500 (incl
97,161
Gift Aid reclaimed)
Value of food donated by the public 42,100
**Total donations and gifts from individuals**
**139,261**
**Revenue grants from government and public bodies**
Derbyshire County Council
High Peak Borough Council
2,000
**Total public sector revenue grants**
**2,000**
**Revenue grants and donations from non-public bodies**
The Glossop Vehicle Enthusiasts Club
Buxton Foodbank
Eatwell Glossop
Plater Chemicals
Country Homes
Tesco / Groundwork
Local Giving
United Way Worldwide
-
1,746
750
600
**Total private sector revenue grants**
**3,096**
**Total Donations and Legacies**
**A1**
**144,357**
**18 Investment Income**
**Current**
**year**
**Unrestricted**
**Funds**
Total interest receivable
291
**Total investment income**
**291 **|**Current year**
**Restricted**
**Funds**
**2021**
**£**
-|**Current year**
**Total Funds**
**2021**
**£**
**97,161**
**42,100**
**139,261**
**2,550**
**2,550**
-
1,746
750
600
500
612
3,470
**7,678**
**149,489**
**Current year**
**Total Funds**
291|**Prior Year**
**Total Funds**
**2020**
**£**
26,228
34,000
**60,228**
50
340
**390**|
|---|---|---|---|---|
|||
**-**|||
|||550|||
||**2,000**|**550**|||
||**bodies**
-
1,746
750
600
|-
500
612
3,470
**4,582**
**5,132**
**Current year**
**Restricted**
**Funds**
-||1,218
**1,001**
**3,219**|
||**3,096**||||
||||||
||**144,357**|||**62,838**
**Prior year**
**Total Funds**
269|
||**Current**
**year**
**Unrestricted**
**Funds**
291||||
||**291 **|**-**|**291 **|**269**|
19
## **Glossopdale Foodbank**
## **Detailed analysis of income and expenditure for the year to 31 March 2021 as required by the SORP 2015**
|**19 Expenditure on charitable activities**
-**Direct spending**
**Current year**
**Current year**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
Gross wages and salaries - charitable activities
Marketing and advertising
**2021**
**2021**
**£**
**£**
14223
9,000
213
-
-
-
Provision of food and goods
Grants made to organisations
15,366
900
1,662
1,250
**B2a**
**30,702**
**11,912**|**Current year**
**Total Funds**
**2021**
**£**
**23,223**
**213**
**-**
**17,028**
**2,150**
**42,614**|**Prior Year**
**Total Funds**
**2020**
**£**
15,958
500
-
4,553|
|---|---|---|
|||**21,011**|
20
## **Glossopdale Foodbank**
## **Detailed analysis of income and expenditure for the year to 31 March 2021 as required by the SORP 2015**
|**20 Support costs for charitable activities**
**Current year**
**Current year**
**Unrestricted**
**Restricted**
**Funds**
**Funds**
**2021**
**2021**
**£**
**£**
**_Premises Expenses_**
All service charges,
-
repairs & maintenance
746
-
Property insurance
451
-
**_Administrative overheads_**
Office rent, telephones, internet
-
stationery and printing
3,549
-
Payroll admin & other fees
387
Value of goods provided to beneficiaries
42,100
**_Financial costs_**
Bank charges
-
-
**Total support costs**
**47,233**
**-**
**21 Other Expenditure Governance costs**
**Current year**
**Current year**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**2021**
**2021**
**£**
**£**
Independent Examiner's fees
400
-
**Total Governance costs**
**400**
**-**
(Not charged 2020)
**22 Total Charitable expenditure**
**Current year**
**Current year**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**2021**
**2021**
**£**
**£**
Total direct spending
**B2a**
30,702
11,912
Total support costs
**B2d**
47,233
-
Total governance costs
**B2e**
-
-
**Total charitable expenditure**
**B2 77,935**
**11,912**|**Current year**
**Current year**
**Unrestricted**
**Restricted**
**Funds**
**Funds**
**2021**
**2021**
**£**
**£**
-
746
-
451
-
-
3,549
-
387
42,100
-
-|**Current year**
**Total Funds**
**2021**
**£**
**746**
**451**
**3,549**
**387**
**42,100**
**-**|**Prior Year**
**Total Funds**
**2020**
**£**
531
433
2,247
34,000
-|
|---|---|---|---|
||**47,233**
**-**|**47,233**|**37,211**|
||**Current year**
**Current year**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**2021**
**2021**
**£**
**£**
400
-|**Current year**
**Total Funds**
**2021**
**£**
**400**
**400**
**Current year**
**Total Funds**
**2021**
**£**
**42,614**
**47,233**
**-**|**Prior Year**
**Total Funds**
**2020**
**£**
-|
||**400**
**-**||*****|
|||||
||||**Prior Year**
**Total Funds**
**2020**
**£**
21,011
37,211
-|
||**77,935**
**11,912**|**89,847**|**58,222**|
21
## **Glossopdale Foodbank**
**Detailed analysis of income and expenditure for the year to 31 March 2021 as required by the SORP 2015**
## **End of document**
22
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