## 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**
1
## 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.
2
## 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:
- a) providing essential equipment and other items for children aged 0 to 5 and pregnant women.
- 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)
3
## 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
4
## 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|
|---|---|---|---|
5
## 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
6
## 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.
7
## 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|
|---|---|---|
8
## 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.
9