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
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
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