Leeds Baby Bank
Charity number 1179029
Annual Report and Financial Statements
for the year ended 31 March 2021
Leeds Baby Bank
Annual Report and Financial Statements for the year ended 31 March 2021
| Contents | Page |
|---|---|
| Trustees' report | 2 to 3 |
| Examiner's report | 4 |
| Receipts and payments account | 5 |
| Statement of assets and liabilities | 6 |
| Notes to the accounts | 7 to 9 |
Prepared by West Yorkshire Community Accounting Service
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Leeds Baby Bank
Trustees' report for the year ended 31 March 2021
Reference and administrative details of the charity, its trustees and advisors
The trustees during the financial year and up to and including the date the report was approved were: Name Position Chantal Nogbou Chair Faye Freeman Treasurer Louise Hannon Secretary
Charity number
The charity was registered with the Charity Commission for England and Wales, number 1179029, on 3 July 2018.
Principal address
Unit 4, Upper Balcony 4 St.Johns Centre Leeds LS2 8LQ
Bankers
Lloyds Bank 65-68 Briggate Leeds LS1 6LH
Independent examiner
Stephen Procter West Yorkshire Community Accounting Service Stringer House 34 Lupton Street Leeds LS10 2QW
Structure, governance and management
The charity is a Charitable Incorporated Organisation (CIO) formed on 3 July 2018.
Method of recruitment and appointment of trustees
The trustees of the charity are appointed as required by existing members of the trustee board.
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Leeds Baby Bank
Trustees' report (continued) for the year ended 31 March 2021
Objectives and activities
The charity's objects
To relieve poverty among families with young children, principally aged 0 to 5, and pregnant women, in conditions of need, hardship or distress within the Leeds area, for the public benefit, by:
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a) providing essential equipment and other items for children aged 0 to 5 and pregnant women.
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b) providing support through groups, drop-ins, events and projects benefitting the wider family. c) providing information on local agencies, charities or groups who may offer further support.
The charity's main activities
The Leeds Baby Bank provides pre-loved maternity, baby and toddler essentials to families in need across Leeds.
Public benefit statement
In setting our objectives and planning our activities our Trustees have given serious consideration to the Charity Commission’s general guidance on public benefit and in particular prevention or relief of poverty.
Achievements and performance
We have supported 1,334 families this financial year by providing baby and toddler essentials. This has helped families suffering the effects of poverty, further exacerbated by the pandemic.
New bespoke database created to track referrals, collect data more effectively for funding purposes and help with additional signposting for families.
Baby Bank buddies scheme set up to provide longer term support to families through telephone support and signposting to other services.
Covid-19
The Covid-19 pandemic has significantly increased the demand for our service.
At the time of signing these accounts the charity has been impacted by the global Covid-19 virus. The trustees have reassessed the charity’s ability to continue for at least 12 months from the date that the accounts are approved and conclude that no material uncertainties exist that cast significant doubt on the charity's ability to meet its liabilities as they fall due.
Financial review
The net receipts for the year were £49,919, including net receipts of £24,794 on unrestricted funds and net receipts of £25,125 on restricted funds.
Reserves policy
The charity's free reserves at the year end were £38,954.
The policy is to be reviewed formally in the coming year with the Trustees considering an amount equivalent to six months running costs.
Signed on behalf of the board of trustees:
Signed: L. Hannon Date: 25/6/21
Name; LOUISE HANNON (Trustee)
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Leeds Baby Bank
Independent examiner's report to the trustees of Leeds Baby Bank Charitable Incorporated Organisation ('the CIO')
I report to the charity trustees on my examination of the accounts of the CIO for the year ended 31 March 2021, which are set out on pages 5 to 9.
Responsibilities and basis of report
As the charity trustees of the CIO 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 CIO's accounts as carried out under section 145 of the 2011 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.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1 accounting records were not kept in respect of the CIO as required by section 130 of the Act; or 2 the accounts do not accord with those records.
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.
Signed: S.Procter Name: Stephen Procter
Date: 28 June 2021
West Yorkshire Community Accounting Service
Stringer House 34 Lupton Street Leeds LS10 2QW
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Leeds Baby Bank
Receipts and payments account for the year ended 31 March 2021
| Notes 2021 Unrestricted funds £ Receipts Grants and donations (2) 44,983 Ball ticket sales - Bank interest 8 Other income 1,277 Total receipts 46,268 Payments Wages, NI and pensions (3) 4,901 Payroll charges 385 Recruitment 804 Consultancy 1,980 Advertising 238 Travel and transport - Van purchase and running costs 2,476 Utilities 769 Charity ball expenses - Volunteer expenses 99 Resources for referrals 1,326 Resources for unit 1,339 Printing, postage and stationery 134 Phone 1,495 Computers, IT and software 67 Training 421 Office equipment - Database 2,953 Delivery charges - Fundraising costs - Insurance 1,308 Website costs 14 Gifts and donations 63 Independent examination 432 QuickBooks subscription 126 Other expenses 144 Total payments 21,474 24,794 Fund balances brought forward 14,160 Fund balances carried forward (4) 38,954 Net receipts |
2021 Restricted funds £ 95,380 - - - 95,380 18,497 236 - - - - 9,323 - - 10 38,750 47 - 196 315 - - 607 - - 2,150 - - - 84 40 70,255 25,125 - 25,125 |
2021 Total funds £ 140,363 - 8 1,277 141,648 23,398 621 804 1,980 238 - 11,799 769 - 109 40,076 1,386 134 1,691 382 421 - 3,560 - - 3,458 14 63 432 210 184 91,729 49,919 14,160 64,079 |
2020 Total funds £ 19,181 3,061 1 347 22,590 6,800 360 - - - 9 - - 2,735 100 4,260 680 71 175 233 - 1,561 - 32 15 351 241 53 432 218 57 18,383 4,207 9,953 14,160 |
|---|---|---|---|
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Leeds Baby Bank
| Statement of assets and liabilities as at 31 March 2021 2021 Unrestricted £ Cash funds Lloyds Bank current account 7,694 Lloyds Bank deposit account 31,260 Total cash funds 38,954 Assets retained for the charity's own use Van Liabilities Independent examination Approval of the accounts |
2021 Restricted £ 5,125 20,000 25,125 |
2021 Total £ 12,819 51,260 64,079 £ 474 474 |
2020 Total £ 5,909 8,251 14,160 |
|---|---|---|---|
The financial statements were approved by the board of trustees on
Date: 25/6/21
Signed: L. Hannon (Trustee)
Name: LOUISE HANNON
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Leeds Baby Bank
Notes to the accounts
for the year ended 31 March 2021
1 Accounting policies
Basis of accounting
The trustees have taken advantage of section 133 of the Charities Act 2011 and have prepared the accounts on a receipts and payments basis.
There has been no change to the accounting policies since last year.
No changes have been made to the accounts for previous years.
Taxation
As a charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.
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.
Further explanation of the nature and purpose of each fund is included in the notes to the accounts.
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Leeds Baby Bank
Notes to the accounts continued
for the year ended 31 March 2021
| 2 Grants and donations Alpkit Foundation Asda Brelms Trust CAF Emergency Fund Charles and Elsie Sykes Co-op Direct Line Freemasons LCF Resilience Fund Leeds Building Society Leeds City Council Leeds City Council (Winter Fund) Linden Trust Liz and Terry Bramhall Lottery Community Fund (Covid) People's Postcode Trust Radio Aire (Cash for Kids) Sir George Martin Sylvia Adams Wesleyan Foundation Yorkshire Building Society Other grants Donations |
2021 Unrestricted funds £ - - - - - - - - - - - - - - - - - - - - - 27,206 17,777 44,983 |
2021 Restricted funds £ 100 - 5,000 2,400 6,000 2,764 5,000 2,000 6,000 1,000 2,175 16,800 1,500 10,000 9,141 20,000 - 500 1,000 2,000 2,000 - - 95,380 |
2021 Total funds £ 100 - 5,000 2,400 6,000 2,764 5,000 2,000 6,000 1,000 2,175 16,800 1,500 10,000 9,141 20,000 - 500 1,000 2,000 2,000 27,206 17,777 140,363 |
2020 Total funds £ - 500 - - - - - 2,000 - - 1,600 - - - - - 1,820 - - - - - 13,261 19,181 |
|---|---|---|---|---|
| 3 Staff costs Gross salaries Social security costs Pensions |
2021 £ 22,071 1,064 263 23,398 |
2020 £ 6,800 - - 6,800 |
|---|---|---|
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Leeds Baby Bank
Notes to the accounts continued
for the year ended 31 March 2021
| 4 Restricted funds Alpkit Foundation Brelms Trust CAF Emergency Fund Charles and Elsie Sykes Co-op Direct Line Freemasons LCF Resilience Fund Leeds Building Society Leeds City Council Leeds City Council (Winter Fund) Linden Trust Liz and Terry Bramhall Lottery Community Fund (Covid) People's Postcode Trust Sir George Martin Sylvia Adams Wesleyan Foundation Yorkshire Building Society |
Balance b/f £ - - - - - - - - - - - - - - - - - - - - |
Incoming £ 100 5,000 2,400 6,000 2,764 5,000 2,000 6,000 1,000 2,175 16,800 1,500 10,000 9,141 20,000 500 1,000 2,000 2,000 95,380 |
Outgoing £ 100 822 2,400 6,000 2,764 5,000 2,000 6,000 1,000 2,175 16,800 553 10,000 9,141 - 500 1,000 2,000 2,000 70,255 |
Balance c/f £ - 4,178 - - - - - - - - - 947 - - 20,000 - - - - 25,125 |
|---|---|---|---|---|
Fund name Purpose of restriction
Alpkit Foundation Brelms Trust CAF Emergency Fund Charles and Elsie Sykes Co-op Direct Line Freemasons LCF Resilience Fund Leeds Building Society Leeds City Council Leeds City Council (Winter Fund) Linden Trust Liz and Terry Bramhall Lottery Community Fund (Covid) People's Postcode Trust Sir George Martin Sylvia Adams Wesleyan Foundation Yorkshire Building Society
To assist with Covid supplies. Towards the costs of the van. Towards the costs of the van and insurance. Towards the costs of unit stock. For some running costs and salaries. Towards running costs. Covid support for stock.
Towards stock for beneficiaries and other running costs. Towards the costs of stock for beneficiaries. For some running costs and towards the van. Towards the costs of stock for beneficiaries. Towards running costs. Towards running costs. Towards stock for use during Covid and some salaries. For salaries for supervisor and driver. Covid emergency grant.
Costs related to the pandemic including drivers wages. Towards the costs of the van. Towards salary costs.
5 Related party transactions
Trustee expenses
No trustee received any expenses during this year or the previous year.
Trustee remuneration and benefits
No trustee received any remuneration or benefit during this or the previous year.
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