2023-03-31-accounts - Leeds Baby Bank

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Leeds Baby Bank

Charity number 1179029

Annual Report and Financial Statements

for the year ended 31 March 2023

Leeds Baby Bank

Annual Report and Financial Statements for the year ended 31 March 2023

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 10

Prepared by West Yorkshire Community Accountancy Service CIO

Leeds Baby Bank

Trustees' report for the year ended 31 March 2023

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 Dates

Chantal Nogbou Co Chair, Co Treasurer Faye Freeman Co Chair, Co Treasurer Philippa Cartwright Emma Gledhill Rachel Robinson Stefan Dawson Laura Bennett Secretary Matthew Deering Naberay McGuffie

Appointed April 2022 Appointed April 2022 Resigned July 2022 Appointed October 2022 Appointed April 2023 Appointed October 2023

Charity number

1179029

Registered in England and Wales

Registered and principal address

Bankers

Unit 4,5 and 6, Upper Balcony Lloyds Bank 4 St. Johns Centre 65-68 Briggate Leeds Leeds LS2 8LQ LS1 6LH

Independent examiner

E J Beverley FCCA

West Yorkshire Community Accountancy Service CIO

Stringer House 34 Lupton Street Leeds LS10 2QW

Structure, governance and management

The charity is a Charitable Incorporated Organisation (CIO) foundation formed on 3 July 2018 and is governed by a constitution.

Method of recruitment and appointment of trustees

The trustees are appointed by the trustees following an official recruitment process.

Leeds Baby Bank

Trustees' report (continued) for the year ended 31 March 2023

Objectives and activities

The charity's objects

To relieve poverty among families with young children, principally aged 0 to 4, 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 4 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

During 2022-23 we supported 1,032 families who were referred to us for essential items and equipment for their children.

We supported 960 families through our Outreach project across four different locations in Leeds.

In total, we supported approximately 7,968 people during 2022-23.

Financial review

The net receipts for the year was £43,260, including net receipts of £6,373 on unrestricted funds and net receipts of £36,887 on restricted funds after transfers.

Reserves policy

The charity's free reserves, at the year end were £49,946.

Our target minimum reserves fund is equal to six months operating costs to ensure ongoing charity activities. This level of reserves would enable us to continue our work supporting families by providing baby items and equipment, as well as delivering the e Outreach programme on a weekly basis.

Approved by the board of trustees on 21/11/2023

Chantal Nogbou (Trustee)

Leeds Baby Bank

Independent examiner's report to the trustees of Leeds Baby Bank

I report to the charity trustees on my examination of the accounts of the CIO for the year ended 31 March 2023, which are set out on pages 5 to 10.

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 charity as required by section 130 of the Charities Act; 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.

E J Beverley FCCA

28/11/2023

West Yorkshire Community Accountancy Service CIO

Stringer House 34 Lupton Street Leeds LS10 2QW

Leeds Baby Bank

Receipts and payments account

for the year ended 31 March 2023

Notes 2023 Unrestricted funds £ Receipts Grants and donations (2) 72,945 Bank interest 57 Other income 195 Total receipts 73,197 Payments Wages, NI and pensions 39,498 Payroll charges 627 Recruitment 444 Consultancy and professional fees 1,522 Advertising - Travel and transport 7 Van purchase and running costs 998 Utilities 4,419 Volunteer expenses 69 Resources for referrals 3,981 Resources for unit 5,941 Printing, postage and stationery 189 Phone 1,189 Computers, IT and software 339 Training 968 Database 2,874 Fundraising costs 184 Insurance 2,096 Gifts 390 Independent examination 480 Other expenses 176 Health and Safety 433 Total payments 66,824 Net receipts / (payments) 6,373 Fund balances brought forward 43,573 Fund balances carried forward (3) 49,946	2023 Restricted funds £ 141,711 - - 141,711 41,935 120 - 1,130 - - 4,932 - - 56,117 15 33 196 14 332 - - - - - - - 104,824 36,887 29,423 66,310	2023 Total funds £ 214,656 57 195 214,908 81,433 747 444 2,652 - 7 5,930 4,419 69 60,098 5,956 222 1,385 353 1,300 2,874 184 2,096 390 480 176 433 171,648 43,260 72,996 116,256	2022 Total funds £ 142,218 4 47 142,269 49,236 540 444 7,615 724 302 6,234 3,540 130 46,046 5,667 293 1,218 1,792 637 3,842 247 3,479 661 579 126 - 133,352 8,917 64,079 72,996

Leeds Baby Bank

Statement of assets and liabilities

as at 31 March 2023 2023 Unrestricted £ Cash funds Cash at bank 49,897 Cash in hand 49 Total cash funds 49,946 Debtors and prepayments Prepayments Assets retained for the charity's own use Van Liabilities Accruals	2023 Restricted £ 66,310 - 66,310	2023 Total £ 116,207 49 116,256 2023 £ 2,009 2,009 2023 £ 1,020 1,020	2022 Total £ 72,996 - 72,996

The financial statements were approved by the board of trustees on 21/11/2023

Chantal Nogbou (Trustee)

Leeds Baby Bank

Notes to the accounts

for the year ended 31 March 2023

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.

Leeds Baby Bank

Notes to the accounts continued

for the year ended 31 March 2023

2 Grants and donations Ardonagh Asda Foundation Assura Community Fund Brelms Trust Caddick Comic Relief - Cost of Living Appeal Freemasons Groundwork Comic Relief Hill Dickinson Julia and Hans Rausing Trust LCF Jimbo's Fund Leeds City Council Leeds City Council (Kickstart) Mazars Sir George Martin Trust St James's Place The Leathersellers' Foundation The National Lottery United Way Arnold Clark AVIVA Broadacres Charles and Elsie Sykes Direct Line Grants United UK Hookers and Clickers John Lewis LCF Local Care Direct Pears Foundation Radio Aire (Cash for Kids) Science Group Ltd Sovereign Health Care The Core Leeds Two Ridings Community Foundation Yorkshire Ladies Council of Education Other grants Other donations	2023 Unrestricted funds £ 5,000 - - - 5,000 - 7,550 - - - - - - 600 - - 4,000 - - - - - - - - - - - - - - - - - - - 50,795 72,945	2023 Restricted funds £ - 1,500 2,000 5,000 - 5,500 - 4,800 1,352 14,645 20,000 40,000 8,011 14,470 3,000 10,000 - 9,933 1,500 - - - - - - - - - - - - - - - - - - 141,711	2023 Total funds £ 5,000 1,500 2,000 5,000 5,000 5,500 7,550 4,800 1,352 14,645 20,000 40,000 8,011 15,070 3,000 10,000 4,000 9,933 1,500 - - - - - - - - - - - - - - - - - 50,795 214,656	2022 Total funds £ - - - - - 4,808 - - - 20,000 10,000 6,554 - - - - - - 1,000 10,000 250 5,000 1,050 1,500 550 200 4,270 8,000 2,298 2,000 5,040 200 4,000 950 6,750 47,798 142,218

Leeds Baby Bank

Notes to the accounts continued

for the year ended 31 March 2023

3 Restricted funds Asda Foundation Assura Community Fund Aviva Brelms Trust Groundwork Comic Relief Hill Dickinson LCC Jimbo's Fund Julia and Hans Rausing Trust Kick Start Leeds City Council Linden Trust Mazars National Lottery People's Postcode Trust Sir George Martin Trust St James's Place United Way Comic Relief Cost of Living Appeal	Balance b/f £ - - 8,729 - - - 19,123 - - - 947 - - 624 - - - - 29,423	Incoming £ 1,500 2,000 - 5,000 4,800 1,352 20,000 14,645 8,011 40,000 - 14,470 9,933 - 3,000 10,000 1,500 5,500 141,711	Outgoing £ 1,500 1,351 8,729 4,932 4,730 - 20,918 - 8,011 25,092 947 11,833 8,059 624 - 2,439 659 5,000 104,824	Transfers £ - - - - - - - - - - - - - - - - - - -	Balance c/f £ - 649 - 68 70 1,352 18,205 14,645 - 14,908 - 2,637 1,874 - 3,000 7,561 841 500 66,310

Fund name

Asda Foundation Assura Community Fund Aviva Brelms Trust Groundwork Comic Relief

Hill Dickinson LCC Jimbo's Fund Julia and Hans Rausing Trust Kick Start Leeds City Council Linden Trust Mazars National Lottery

Purpose of restriction Purchasing stair gates for families. Purchasing items for our Outreach project. Towards running costs. Wages for Unit supervisor and driver post.

Support for purchasing stock for the unit and IT support, and cost of living support. Items for the baby bank. Funding two roles within the Leeds Baby Bank team. Funding Outreach essential items for 6 months. Contribution to employment costs. Funds will be used to support households with essential living costs. Towards running costs. Purchasing a stock of children’s beds to last six months. Funding charity worker role for 6 months, management time to recruit volunteers and a stock of bedding bundles.

People's Postcode Trust Wages for Unit supervisor and driver post. Sir George Martin Trust Supporting families experiencing poverty. St James's Place Purchasing a stock of beds, prams and buggies. United Way Toiletry bundles for children and adults. Comic Relief Cost of Living Appeal To support the organisation and its beneficiaries during the winter months.

Leeds Baby Bank

Notes to the accounts continued

for the year ended 31 March 2023

4 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.