Leeds Baby Bank
Charity number 1179029
Annual Report and Financial Statements
for the year ended 31 March 2025
Leeds Baby Bank
Annual Report and Financial Statements for the year ended 31 March 2025
| Contents | Page |
|---|---|
| Trustees' report | 2 to 3 |
| Examiner's report | 4 |
| Statement of financial activities | 5 |
| Balance sheet | 6 |
| Notes to the accounts | 7 to 11 |
Prepared by West Yorkshire Community Accountancy Service CIO
1
Leeds Baby Bank
Trustees' report for the year ended 31 March 2025
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 Emma Gledhill Resigned 7 October 2024 Rachel Robinson Laura Bennett Secretary Resigned 3 October 2025 Mathew Deering Naberay McGuffie Resigned 30 May 2024 Charity number 1179029 Registered in England and Wales
Registered and principal address Bankers
European House Lloyds Bank 93 Wellington Road 65-68 Briggate Leeds Leeds LS12 1DZ LS1 6LH
Independent examiner
Katy Sargeant
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.
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Leeds Baby Bank
Trustees' report (continued) for the year ended 31 March 2025
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:
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a) providing essential equipment and other items for children aged 0 to 4 and pregnant women.
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b) providing support through groups, drop-ins, events and projects benefitting the wider family.
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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 2024-25 we saw demand for our services increase, both in referrals and at our Outreach service in the community. We saw an increase in particular in the number of families requiring beds for their babies and young children, especially around the winter months.
The whole Leeds Baby Bank team worked hard to support families in need, providing essential baby items and equipment. In 2024 we fulfilled 2346 referrals, 21 more than 2023. We reached over 160 people a month across our 4 outreach venues.
Financial review
The net income for the year was £52,879, including net income of £49,981 on unrestricted funds and net income of £2,898 on restricted funds after transfers.
Reserves policy
The charity's free reserves, excluding fixed assets, at the year end were £223,296.
Within this figure is £68,335 which represents the spend to the year end on the new unit renovations. As the improvements were not complete by 31 March, this amount has been treated as an asset under construction with current assets. This brings the actual free reserves figure down to £154,961 at year end.
Our target reserves fund is set at £83,000 to ensure ongoing charity activities. This is to cover approximately six months of premises costs and three months of all other expenditure lines in the budget. This level of reserves would enable us to continue our work supporting families by providing baby items and equipment, as well as delivering the Outreach programme on a weekly basis.
The trustees recognise that reserves are currently significantly in excess of the £83,000 stated in the policy, however the charity has a major refurbishment project currently in progress which is on-going into 2025/26 financial year, which will be funded from unrestricted reserves, along with other donations and grants.
Approved by the board of trustees on 26/1/2026
Chantal Nogbou (Trustee)
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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 2025, which are set out on pages 5 to 11.
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
Since the CIO's gross income exceeded £250,000 your examiner must be a fellow of a body listed in section 145 of the 2011 Act.
I confirm that I am qualified to undertake the examination because I am a fellow of ACA which is one of the listed bodies.
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; or
- 3 the accounts 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.
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.
Katy Sargeant
29/1/2026
West Yorkshire Community Accountancy Service CIO
Stringer House 34 Lupton Street Leeds LS10 2QW
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Leeds Baby Bank
Statement of Financial Activities
(including summary income and expenditure account) for the year ended 31 March 2025
| Notes 2025 Unrestricted funds £ Income from: Grants and donations (2) 134,465 Bank interest 1,145 Total income 135,610 Expenditure on: Wages, NI and pensions (3) 34,678 Payroll charges 720 Travel and transport - Van running costs 1,480 Utilities 2,961 Volunteer expenses 65 Resources for referrals 35,655 Resources for unit 149 Printing, postage and stationery 222 Phone 1,195 Computers, IT and software 462 Training 1,575 Database 2,832 Fundraising costs 468 Insurance 1,759 Gifts 1,202 Independent examination 1,980 Other expenses 486 Rent and premises costs 820 Depreciation - Interest paid on HP - Recruitment 520 Professional services 1,177 Total expenditure 90,406 Net income / (expenditure) 45,204 Transfers between funds 4,777 Net movement in funds 49,981 Fund balances brought forward 173,315 Fund balances carried forward (4) 223,296 |
2025 Restricted funds £ 169,252 - 169,252 46,138 - - 502 1,092 - 105,523 - - 478 - - - - 875 - - - 1,322 - - 5,000 647 161,577 7,675 (4,777) 2,898 16,712 19,610 |
2025 Total funds £ 303,717 1,145 304,862 80,816 720 - 1,982 4,053 65 141,178 149 222 1,673 462 1,575 2,832 468 2,634 1,202 1,980 486 2,142 - - 5,520 1,824 251,983 52,879 - 52,879 190,027 242,906 |
2024 Total funds £ 333,648 480 334,128 71,275 720 113 1,866 5,569 19 161,037 3,900 216 1,434 391 947 2,664 274 2,788 300 1,386 989 1,348 3,125 638 - - 260,999 73,129 - 73,129 116,898 190,027 |
|---|---|---|---|
All incoming resources and resources expended derive from continuing activities.
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Leeds Baby Bank Balance sheet
| as at 31 March 2025 2025 Unrestricted £ Current assets Debtors and prepayments (5) 69,797 Cash at bank and in hand (6) 157,123 Total current assets 226,920 Current liabilities: amounts falling due within one year Creditors and accruals (7) 3,624 Total current liabilities 3,624 Net current assets / (liabilities) 223,296 Net assets 223,296 Funds Unrestricted funds 223,296 Restricted funds - Total funds 223,296 |
2025 Restricted £ - 19,610 19,610 - - 19,610 19,610 - 19,610 19,610 |
2025 Total £ 69,797 176,733 246,530 3,624 3,624 242,906 242,906 223,296 19,610 242,906 |
2024 Total £ 8,080 183,907 191,987 1,960 1,960 190,027 190,027 173,315 16,712 190,027 |
|---|---|---|---|
The financial statements were approved by the board of trustees on 26/1/2026
Chantal Nogbou (Trustee)
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Leeds Baby Bank
Notes to the accounts
for the year ended 31 March 2025
1 Accounting policies
Basis of accounting
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102. There has been no change to the accounting policies since last year. No changes have been made to the accounts for previous years.
Going concern
The trustees are satisfied that there are no material uncertainties about the charity's ability to continue.
Incoming resources
All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity becomes entitled to the resources, if it is more likely than not that the trustees will receive the resources and the monetary value can be measured with sufficient reliability.
Grants and donations
Grants and donations are only included in the SOFA when the charity has unconditional entitlement to the resources.
Where grants are related to performance and specific deliverables, they are accounted for as the charity earns the right to consideration by its performance.
Expenditure and liabilities
Expenditure is recognised on an accrual basis as a liability is incurred. Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out the resources and the amount of the obligation can be measured with reasonable certainty.
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.
Tangible fixed assets
Tangible fixed assets costing more than £1,000 are capitalised and included at cost including any incidental expenses of acquisition. Gifted assets are shown at the value to the charity on receipt. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost on a straight line basis over their expected useful economic lives as follows: Motor vehicles: over 4 years
Pensions
The charity operates a defined contribution scheme for the benefit of its employees. The costs of contributions are recognised in the year they are payable.
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 2025
| 2 Grants and donations Anderson Anderson & Brown (AAB) Anton Jurgens Charitable Trust Asda Foundation Baby Bank Alliance King Charles III Charitable Trust Leeds Christian Community Trust (LCCT) Leeds Community Foundation (LCF) Morrisons Foundation Sir George Martin Trust Skipton Building Society St James's Place Charitable Trust HSBC Foundation The Liz and Terry Bramall Foundation Toy Trust Trusthouse Charitable foundation Wade's Charity Groundwork Comic Relief The DWF Foundation The Keith Howard Foundation The National Lottery Community Fund (NCLF) Brelms Trust Other grants and donations incl gift aid 3 Staff costs and numbers Gross salaries Social security costs Employment allowance Pensions |
2025 Unrestricted funds £ - 5,000 - 1,200 - - - - - - - - - - - - - - - - - 128,265 134,465 |
2025 Restricted funds £ 3,000 - 1,004 - 5,000 44,000 23,000 10,000 3,000 3,000 10,000 25,000 5,000 2,500 29,748 5,000 - - - - - - 169,252 |
2025 Total funds £ 3,000 5,000 1,004 1,200 5,000 44,000 23,000 10,000 3,000 3,000 10,000 25,000 5,000 2,500 29,748 5,000 - - - - - 128,265 303,717 2025 £ 78,664 5,774 (5,000) 1,378 80,816 |
2024 Total funds £ - - 1,000 - 5,000 44,750 3,240 - 3,000 - - - - - - 6,000 6,300 2,100 10,000 68,624 5,000 178,634 333,648 2024 £ 70,080 4,314 (4,314) 1,195 71,275 |
|---|---|---|---|---|
The average number of employees during the year was 4.3, being an average of 3 full time equivalent (2024: 4, 2.7 FTE). There were no employees with emoluments above £60,000.
| Defined contribution pension scheme | 2025 | 2024 |
|---|---|---|
| £ | £ | |
| Costs of the scheme to the charity for the year | 1,378 | 1,195 |
| Amount of any contributions outstanding at the year end | 469 | 205 |
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Leeds Baby Bank
Notes to the accounts continued
for the year ended 31 March 2025
| 4 Restricted funds Asda Foundation LCCT Hse'd Support Fund (HSF) HSBC Foundation LCF Jimbo's Fund The Keith Howard Foundation King's Coronation Food Project The Liz and Terry Bramall Fnd'n Morrisons Foundation AAB Sir George Martin Trust Skipton Building Society St James's Place LCF Stay Well this Winter Toy Trust Trusthouse Charitable Foundation Wade's Charity Brelms Trust NCLF - Cost of Living fund |
Balance b/f £ - - - 9,060 5,000 - - - 1,777 - - - - - - 815 60 16,712 |
Incoming £ 1,004 44,000 25,000 20,000 - 5,000 5,000 10,000 3,000 3,000 3,000 10,000 3,000 2,500 29,748 5,000 - - 169,252 |
Outgoing £ 1,004 44,000 10,390 20,000 9,060 5,000 5,000 10,000 3,000 - 3,000 10,000 3,000 2,500 29,748 5,000 815 60 161,577 |
Transfers £ - - - - - - - - (4,777) - - - - - - - - (4,777) |
Balance c/f £ - 14,610 - - 5,000 - - - - - - - - - - - - 19,610 |
|---|---|---|---|---|---|
Purpose of restriction
Fund name
To fund essential items such as formula and baby food. To fund essential items for families in Leeds. To support the Outreach project.
Asda Foundation
LCCT Hse'd Support Fund (HSF) HSBC Foundation LCF Jimbo's Fund The Keith Howard Foundation King's Coronation Food Project The Liz and Terry Bramall Fnd'n Morrisons Foundation AAB Sir George Martin Trust
Funding wages of the unit manager and the driver role. To fund essential items for families in Leeds.
To support the Outreach project.
For the recruitment costs of the role of charity manager and driver. Towards the costs of moses baskets and beds. Towards the cost of prams.
Supporting families experiencing poverty. The transfer related to contributions made to the renovations costs of the new unit, which will be capitalised on completion next year.
Skipton Building Society Moses baskets and cot beds St James's Place Towards the cost of prams and beds. LCF Stay Well this Winter For coats & beds for children Toy Trust For nursery equipment. Trusthouse Charitable Foundation For core running costs. Wade's Charity Towards the cost of prams. Brelms Trust
Funding of the charity’s van which is used for delivering to families and collecting donations.
NCLF - Cost of Living fund
To fund essential items for families and core costs.
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Leeds Baby Bank
Notes to the accounts continued
for the year ended 31 March 2025
| 6 Debtors and prepayments Debtors Prepayments Assets under construction 7 Cash at bank and in hand Cash at bank Cash in hand 8 Creditors and accruals Accruals Taxation and social security Other creditors |
2025 £ - 1,462 68,335 69,797 2025 £ 176,611 122 176,733 2025 £ 1,980 1,175 469 3,624 |
2024 £ 6,250 1,830 - 8,080 2024 £ 183,904 3 183,907 2024 £ 1,386 369 205 1,960 |
|---|---|---|
9 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.
Remuneration and benefits received by key management personnel
The total employee benefits received by key management personnel were £35,563 (previous year: £34,191).
10 Operating leases
| Within one year In the second to fifth years inclusive Over five years from the balance sheet date Expected future minimum lease payments over the remaining life of the lease, analysed into the period in which the commitment falls due: |
2025 £ 37,708 159,792 - 197,500 |
2024 £ - - - - |
|---|---|---|
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Leeds Baby Bank
Statement of Financial Activities including comparatives for all funds (including summary income and expenditure account) for the year ended 31 March 2025
| 2025 2024 Unrestricted Unrestricted funds funds £ £ Income Grants and donations 134,465 178,384 Bank interest 1,145 480 Total income 135,610 178,864 Expenditure Wages, NI and pensions 34,678 29,048 Payroll charges 720 480 Travel and transport - 113 Van running costs 1,480 1,160 Utilities 2,961 2,154 Volunteer expenses 65 19 Resources for referrals 35,655 12,793 Resources for unit 149 2,259 Printing, postage and stationery 222 99 Phone 1,195 1,434 Computers, IT and software 462 391 Training 1,575 947 Database 2,832 - Fundraising costs 468 274 Insurance 1,759 2,709 Gifts 1,202 300 Independent examination 1,980 1,386 Other expenses 486 918 Rent and premises costs 820 - Depreciation - 3,125 Interest paid on HP - - Recruitment 520 - Professional services 1,177 - Total expenditure 90,406 59,609 Net income / (expenditure) 45,204 119,255 Transfers between funds 4,777 3,472 Net movement in funds 49,981 122,727 Fund balances brought forward 173,315 50,588 Fund balances carried forward 223,296 173,315 |
2025 Restricted funds £ 169,252 - 169,252 46,138 - - 502 1,092 - 105,523 - - 478 - - - - 875 - - - 1,322 - - 5,000 647 161,577 7,675 (4,777) 2,898 16,712 19,610 |
2024 Restricted funds £ 155,264 - 155,264 42,227 240 - 706 3,415 - 148,244 1,641 117 - - - 2,664 - 79 - - 71 1,348 - 638 - 201,390 (46,126) (3,472) (49,598) 66,310 16,712 |
2025 Total funds £ 303,717 1,145 304,862 80,816 720 - 1,982 4,053 65 141,178 149 222 1,673 462 1,575 2,832 468 2,634 1,202 1,980 486 2,142 - - 5,520 1,824 251,983 52,879 - 52,879 190,027 242,906 |
2024 Total funds £ 333,648 480 334,128 71,275 720 113 1,866 5,569 19 161,037 3,900 216 1,434 391 947 2,664 274 2,788 300 1,386 989 1,348 3,125 638 - - 260,999 73,129 - 73,129 116,898 190,027 |
|---|---|---|---|---|
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