Bradford Community Kitchen Annual Trustees Report 2021-2022
Our experience operating as a foodbank during the pandemic opened our eyes to the need experienced by families. We decided that operating as a foodbank, we could continue to help many of our previous service users and reach others who were struggling financially due to the cost of living crisis. We continued to access funds provided by local and national government to support families of children who would normally have received free school meals. We continue to support these families despite there being less government funding.
Donations
During the financial period 1/4/2021 to 31/3/2022 we received donations from Bradford Council £ 16,715. Plus, we have regular monthly donations.
Regular monthly donations £ 1,400 One Off Donations £ 9,232 Bradford Council £ 16,715 Total £ 27,347 (Donations £27347)
Expenses
Our main expenses are Food Purchases and Delivery expenses associated with transporting goods to storage unit and to clients.
Delivery Expenses £ 15,066 Food purchases £ 11,492 Rent £ 3,403 Motor Expenses £ 3,052 Other £ 1,069 Legal £ 300 Repairs £ 279 Total £ 34,601 (Purchases £26498 + Exp £8103)
Anne-Marie Mitchel
Chairman
Bradford Community Kitchen BALANCE SHEET AS AT
| Note FIXED ASSETS Tangible Assets 3 Goodwill 4 CURRENT ASSETS Stock & Work in Progress Debtors & Prepayments Bank & Cash in Hand CURRENT LIABILITIES Trade Creditors & Accruals Loans & Overdrawn Bank Accounts Other Liabilities NET CURRENT ASSETS NET ASSETS LONG TERM LIABILITIES Loans due after more than one year CAPITAL ACCOUNT Balance at start of period Net Profit / (Loss) Capital Introduced Drawings |
31st MARCH 2022 £ £ 0 0 0 0 0 1,055 1,055 300 0 0 300 755 755 0 £ 755 8,009 (7,254) 0 0 £ 755 |
31st MARCH 2021 £ £ 0 0 0 0 0 8,259 8,259 250 0 0 250 8,009 8,009 0 £ 8,009 7,850 159 0 0 £ 8,009 |
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|---|---|---|---|---|
Bradford Community Kitchen
TRADING, PROFIT & LOSS ACCOUNT for the 52 Week Period ended 31st March 2022
| SALES Sales - Food Sales - Events Other - Donations Other Income COST OF SALES Purchases Decrease / (Increase) in Stocks GROSS PROFIT OTHER INCOME / PROFITS Interest Receivable Less: EXPENSES Employee Costs Premises Costs Repairs General Administrative Costs Motor Expenses Advertising, Promotion & Entertainment Legal & Professional Costs Bank, HP & Loan Interest Other Finance Charges Depreciation & Loss / (Profit) on Sale Other Expenses NET PROFIT / (LOSS) |
52 Weeks 01/04/21- 31/03/22 £ £ 0 0 27,347 0 27,347 26,498 0 26,498 3.1% 849 0 849 0 3,403 279 1,069 3,052 0 300 0 0 0 0 8,103 (7,254) |
52 Weeks 01/04/20- 31/03/21 £ £ 0 0 37,875 0 37,875 26,221 0 26,221 30.8% 11,654 0 11,654 0 1,279 2,149 366 7,451 0 250 0 0 0 0 11,495 159 |
52 Weeks 01/04/20- 31/03/21 £ £ 0 0 37,875 0 37,875 26,221 0 26,221 30.8% 11,654 0 11,654 0 1,279 2,149 366 7,451 0 250 0 0 0 0 11,495 159 |
||
|---|---|---|---|---|---|
| £ 26,498 0 3.1% 0 3,403 279 1,069 3,052 0 300 0 0 0 0 |
£ 26,221 0 30.8% 0 1,279 2,149 366 7,451 0 250 0 0 0 0 |
||||
| 37,875 26,221 |
|||||
| 11,654 0 |
|||||
| 11,654 11,495 |
|||||
| 159 |
Bradford Community Kitchen
Notes to the Accounts for the 52 Week Period ended 31st March 2022
1 Accounting Basis
The accounts have been compiled on a basis that:
a) enables profits to be calculated such as to meet the requirements of Section 42 of the Finance Act 1998, as amended by the Finance Act 2002; and
b) provides sufficient and relevant information to enable the completion of a tax return.
2 Profit & Loss Account Analysis
| Employee Costs Staff Wages Staff Training Premises Costs Rent Rates & Water Light & Heat Cleaning, Laundry & Towels General Administrative Expenses Telephone Stationery & Printing Sundries and Subcriptions Insurance Hire of Equipment Advertising, Promotion & Entertainment Advertising Entertainment Promotion Costs Legal & Professional Costs Accountants Fees Other Legal & Professional Other Finance Charges Bank and Credit Card Charges |
0 | 52 Weeks 1/04/21- 31/03/22 £ 0 0 0 3,343 0 60 0 3,403 0 60 24 320 665 1,069 0 0 0 0 300 0 300 0 0 |
0 | 52 Weeks 1/04/20- 31/03/21 |
|
|---|---|---|---|---|---|
| £ 0 0 |
|||||
| 0 | |||||
| 1,225 0 54 0 |
|||||
| 1,279 | |||||
| 0 47 0 319 0 |
|||||
| 366 | |||||
| 0 0 0 |
|||||
| 0 | |||||
| 250 0 |
|||||
| 250 | |||||
| 0 | |||||
| 0 |
3 Tangible Assets
| Cost At 1st April 2021 Additions Cost of Disposals At 31st March 2022 Accumulated Depreciation WDV at 31st March 2022 WDV at 31st March 2021 4 Intangible Assets Goodwill 5 Loans & Overdrawn Bank Balances Loans (due within one year) Bank Overdraft / Credit Card Loans (due after more than one year) |
Leasehold Premises £ 0 0 0 |
Fixtures & Equipment £ 0 0 0 |
Motor Vehicle £ 0 0 0 0 0 0 0 31/03/22 £ 0 31/03/22 £ 0 0 0 0 |
TOTAL £ 0 0 0 |
||||
|---|---|---|---|---|---|---|---|---|
| 0 0 |
0 0 |
0 0 |
||||||
| 0 | 0 | 0 | ||||||
| 0 | 0 | 0 | ||||||
| 31/03/21 £ 0 |
||||||||
| 31/03/21 £ 0 0 |
||||||||
| 0 | ||||||||
| 0 |
Bradford Community Kitchen
Accountant's Report
In accordance with your instructions, we have prepared, without carrying out an audit, the accounts for the period ended 31st March 2022 from the books and accounting records and from information and explanations supplied to us.
............... .................... ............... IBA
1 Prospect House Sandbeds Queensbury Bradford BD13 1AD
8th February 2023
I approve the Accounts as drawn and confirm that I have made available all relevant records and information for their preparation.
............... .................... ...............
8th February 2023
Bradford Community Kitchen
Accounts for the 52 Week Period 1st APRIL 2021 to 31st MARCH 2022
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