## 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.
2
## 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:
- 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 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)
3
## 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
4
## 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.
5
## 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)
6
## 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.
7
## 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|
8
## 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.
9
## 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
£
-
-
-
-|
|---|---|---|
10
## 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|
|---|---|---|---|---|
11