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2024-04-30-accounts

Trustees’ Annual Report for the period

From 1[st] May 2023 Period start date To 30[th] April 2024 Period end date

Charity name: BabyBank Network Isle of Wight

Charity registration number: 1179382

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document
Para 1.17 The preventon or relief of poverty on the Isle of
Wight by providing items and services to families
with young children and/or to charites or other
organisatons who also work to prevent or
relieve poverty amongst families with young
children. As well as aiding the relief of food
poverty and the preventon of food waste, in
partcular but not exclusively by the provision of
a food pantry and surplus food distributon
centre for those who are in poverty to provide
food which they could not otherwise aford
through a lack of means or wouldgo to waste.
Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.
Para 1.17 and
1.19
To prevent and alleviate poverty on the Isle of
Wight by providing essental items and services
to families with young children and supportng
charites and organizatons with similar aims.
Our eforts also focus on combatng food
poverty and reducing food waste by operatng a
food pantry and a surplus food distributon
center, ensuring access to afordable food for
those in need and redirectng surplus food to
prevent waste.
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit
Para 1.18

Additional information (optional) You may choose to include further statements where relevant about:

SORP reference Para 1.38 Policy on grant making

Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other

Achievements and Performance

SORP reference
Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.
Para 1.20 Due to covid the charity ceased work. October
2021 referrals stopped and we wrapped up the
last pieces of work.
We are hoping to resume our charity work
within the next reporting period

Additional information (optional) You may choose to include further statements where relevant about:


Achievements against
objectives set

Para 1.41
Performance of fundraising
activities against objectives
set
Para 1.41
Investment performance
against objectives
Para 1.41

Other

Financial Review

Financial Review
Review of the charity’s
financial position at the end
of the period
Para 1.21 Cash at the bank at 30/4/2024 was £0 in
unrestricted funds
Statement explaining the
policy for holding reserves
stating why they are held
Para 1.22
Amount of reserves held Para 1.22 £0 - 30/4/2024
Reasons for holding zero
reserves
Para 1.22 Reserves were held for payment of storage
unit which has now been returned.
Details of fund materially in
deficit
Para 1.24 n/a
Explanation of any
uncertainties about the
charity continuing as a going
concern
Para 1.23 The charity has achieved confirmation of
grant funding due to be released in May
2024 plus support from local Councils to
continue the good work we were providing.

Additional information (optional) You may choose to include further statements where relevant about:


The charity’s principal
sources of funds (including
any fundraising)

Para 1.47
Investment policy and
objectives including any
social investment policy
adopted
Para 1.46
A description of the principal
risks facing the charity
Para 1.46
Other

Structure, Governance and Management

Description of charity’s
trusts:
Type of governing document
(trust deed, royal charter)
Para 1.25 constitution
How is the charity
constituted?
(e.g unincorporated
association, CIO)
Para 1.25 CIO
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees
Para 1.25
Additional information (optional)
You may choose to include further statements where relevant about:
Additional information (optional)
You may choose to include further statements where relevant about:
Additional information (optional)
You may choose to include further statements where relevant about:
Policies and procedures
adopted for the induction and
training of trustees
Para 1.51
The charity’s organisational
structure and any wider
network with which the
charity works
Para 1.51
Relationship with any related
parties
Para 1.51
Other

Reference and Administrative details

Charity name BabyBank Network Isle of Wight
Other name the charity uses BBNIOW
Registered charitynumber 1179382
Charity’s principal address New House Farm
Newport Road
Cowes
Isle of Wight
PO31 8PS

Names of the charity trustees who manage the charity

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Trustee name Office (if any) Dates acted if not for whole
year
Name of person (or body) entitled to
appoint trustee (ifany)
Claire Shortman
Paula Howarth Treasurer 01/05/23-22/03/24
Louise Kirkpatrick Secretary 01/05/23-22/03/24
Monique Gallop Chair 22/03/24
Christine Gallop 22/03/24

– Corporate trustees names of the directors at the date the report was approved Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity

Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects

Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address adviser

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Monique Gallop Position (eg Secretary, Chair Chair, etc) Date 01/01/2025