## 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
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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