| Page | |
|---|---|
| Reference and Administrative Details ofthe Charity, its Trustees and Advisers |
|
| Trustees' Report |
2-7 |
| Independent Examiner's Report |
|
| Statement of Financial Activities | |
| Balance Sheet | 10 |
| Statement ofCash Flows | |
| Notes tothe Financial Statements | 12-22 |
| Trustees | S D M Danes (resigned | S D M Danes (resigned | S D M Danes (resigned | 12October 2022) |
|---|---|---|---|---|
| Rev A L Davis (appointed 28 February 2022) |
||||
| CJ Dwan (retired | 7 September 2022) | |||
| W Fradin | ||||
| D Fraser (appointed | 1 | April 2023) | ||
| J E M Hyne (appointed | 28 February 2022) | |||
| L Long (retired 7 | September 2022) | |||
| K Middleton (appointed |
1 April 2023) | |||
| G R Moore, Chairman | from March 2021 | |||
| Charity registered | ||||
| number | 1179538 | |||
| Principal office | 71 Murdock Road | |||
| Manton Industrial |
Estate | |||
| Bedford | ||||
| MK41 7PL | ||||
| Accountants | Streets Chartered | Accountants | ||
| Potton House | ||||
| Wyboston Lakes |
||||
| Great North Road | ||||
| Wyboston | ||||
| Bedford | ||||
| MK44 3BZ | ||||
| Bankers | Natwest Bank pic | |||
| 81 High Street | ||||
| Bedford | ||||
| MK40 1YN | ||||
| Buckinghamshire | Building Society | |||
| High Street | ||||
| Chalfont StGiles | ||||
| Buckinghamshire | ||||
| HP8 4QB | ||||
| CAF Bank Limited | ||||
| 25 Kings Hill Avenue |
||||
| Kings Hill |
||||
| West Mailing | ||||
| Kent | ||||
| ME194JQ |
| Restricted | Unrestricted | Unrestricted | Total | Total | ||||
|---|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||||
| Note | 2022 6 |
2022 f |
2022 5 |
2021 5 |
||||
| Income from: | ||||||||
| Donations and |
legacies | 3 | 37,954 | 267,859 | 305,813 | 278,235 | ||
| Charitable activities |
4 | 302,603 | 302,603 | 210,512 | ||||
| Investments | 5 | 600 | 600 | 'I76 | ||||
| Total income | 37,954 | 571,062 | 609,016 | 489,024 | ||||
| Expenditure on: |
||||||||
| Charitable activities |
6 | 25,303 | 486,174 | 511,477 | 345,771 | |||
| Total expenditure | 25,303 | 486,174 | 511,477 | 345,771 | ||||
| Net movement | in funds | 12,651 | 84,888 | 97,539 | 143,253 | |||
| Reconciliation | offunds: | |||||||
| Total funds brought | forward | 346,979 | 346,979 | 203,725 | ||||
| Net movement | in funds | 12,651 | 84,888 | 97,539 | 143,253 | |||
| Total funds carried | forward | 12,651 | 431,867 | 444,518 | 345,979 | |||
| The Statement | ofFinancial Activities | includes | all gains and losses | recognised in the year. |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Note | 6 | ||||||
| Fixed assets | |||||||
| Tangible assets | 10 | 26,780 | 3S,125 | ||||
| Current assets | |||||||
| Stocks | 11 | 28,981 | 19,194 | ||||
| Debtors | 12 | 37,030 | 16,876 | ||||
| Cash at bank | and | in hand | 358,795 | 278,944 | |||
| 424,806 | 315,014 | ||||||
| Creditors: amounts | falling due within one | ||||||
| year | 13 | (7,068) | (4,161) | ||||
| Net current | assets | 417,738 | 310,853 | ||||
| Total net assets | 444,518 | 346,979 | |||||
| Charity funds | |||||||
| Restricted funds | 14 | 12,651 | |||||
| Unrestricted | funds | 14 | 431,867 | 346,979 | |||
| Totalfunds | 444,518 | 34S,979 |
| 2022 6 |
2021f | ||
|---|---|---|---|
| Cash flows from operating activities |
|||
| Net cash used in operating activities |
79,251 | 169,828 | |
| Cash flows from investing activities |
|||
| Dividends, interests and rents from investments |
600 | 176 | |
| Purchase oftangible fixed assets |
(41,930) | ||
| Net cash provided by/(used in) investing |
activities | 600 | (41,754) |
| Cash flows from financing activities |
|||
| Net cash provided by financing activities |
|||
| Change in cash and cash equivalents in |
the year | 79,851 | 128,074 |
| Cash and cash equivalents at the beginning |
ofthe year | 278,944 | 150,870 |
| Cash and cash equivalents at the end of |
the year | 358,795 | 278,944 |
| The notes on pages 12to 22 form part ofthese financial statements |
| Unrestricted | Total | Total | ||||||
|---|---|---|---|---|---|---|---|---|
| funds | funds | funds | ||||||
| 2022 | 2022f | 2021 | ||||||
| Foodbank | operations | - | Donated | goods | 302,603 | 302,603 | 2'I | 0,612 |
| Unrestricted | Total | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| 2022f | 2022 | 2021f | ||
| Interest | received | 600 | 600 | 176 |
| Restricted | Unrestricted | |||||
|---|---|---|---|---|---|---|
| funds | funds | Total | Total | |||
| 2022 | 2022f | 2022f | 2021f | |||
| Foodbank | operations - Monetary | expenditure | 25,303 | 193,358 | 218,661 | 108,833 |
| Foodbank | operations - Donated | goads | 292,816 | 292,816 | 238,938 | |
| 25,303 | 486,174 | 511,477 | 345,771 | |||
| Total 2021 | 2,541 | 343,230 | 345,771 |
| Staff costs | Depreciation | Other costs | Total | Total | ||
|---|---|---|---|---|---|---|
| 2022 | 2022 f |
2022 f |
2022f | 2021f | ||
| Foodbank | operations- | |||||
| Monetary | expenditure | 51,688 | 9,346 | 157,627 | 218,661 | 108,833 |
| Faodbank | operations- | |||||
| Donated | goods | 292,816 | 292,816 | 236,938 | ||
| 51,688 | 9,346 | 450,443 | 511,477 | 345,771 | ||
| Total 2021 | 44,092 | 6,927 | 294,752 | 345,771 |
| Independent | examiner's re |
muneration | |||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| 6 | |||||
| Fees payable examination |
to the Charity's ofthe Charity's |
independent examiner for the independent annual accounts |
2,120 | 1,920 |
| Staff costs | |||||
|---|---|---|---|---|---|
| 2022f | 2021f | ||||
| Wages and | salaries | 48,816 | 43,265 | ||
| Contribution | to defined | contribution | pension schemes | 2,872 | 827 |
| 51,688 | 44,092 |
| 2022 | 202'I |
|---|---|
| No. | No. |
| Motor | Office | ||||
|---|---|---|---|---|---|
| vehicles 5 |
equipment 6 |
Total | |||
| Cost orvaluation | |||||
| At 1 October 2021 | 41,930 | 1,443 | 43,373 | ||
| At 30September | 2022 | 41,930 | 1,443 | 43,373 | |
| Depreciation | |||||
| At 1 October 2021 | 6,451 | 796 | 7,247 | ||
| Charge for the year | 8,870 | 476 | 9,346 | ||
| At 30September | 2022 | 'I5,321 | 1,272 | 16,593 | |
| Net book value | |||||
| At 30 September | 2022 | 26,609 | 171 | 26,780 | |
| 11. | Stocks | ||||
| 2022 | 2021 | ||||
| 6 | 5 | ||||
| Goods available | for distribution | 28,981 | 19,194 | ||
| 12. | Debtors | ||||
| 2022 | 2021 | ||||
| 6 | Z | ||||
| Due within one | year | ||||
| Prepayments and accrued income |
17,746 | 5,662 | |||
| GiR aid recoverable | 19,284 | 10,214 | |||
| 37,030 | 'I5,876 |
| 2022f | 2021 | ||
|---|---|---|---|
| Other taxation and social secudty | 638 | 307 | |
| Accruals and deferred | income | 6,430 | 3,854 |
| 7,068 | 4,161 |
| Statement of |
funds - current ye | ar | |||
|---|---|---|---|---|---|
| Balance at | |||||
| Balance at 1 | 30 | ||||
| October | September | ||||
| 2021 | Income | Expendituref | 2022f | ||
| Unrestricted | funds | ||||
| General Fund | 310,853 | 268,459 | (174,225) | 405,087 | |
| Fixed asset reserve | 36,126 | (9,346) | 26,780 | ||
| 346,979 | 268,459 | (183,571) | 431,867 | ||
| Restricted funds | |||||
| Trussell Trust | 37,954 | (25,303) | 12,651 | ||
| Total offunds | 346,979 | 306,413 | (208,874) | 444,518 |
| Summary | offunds -current y |
ear | |||
|---|---|---|---|---|---|
| Balance at | |||||
| Balance at 1 | 30 | ||||
| October | September | ||||
| 2021f | Income f |
Expenditure f |
2022f | ||
| General funds | 346,979 | 268,459 | (183,571) | 431,867 | |
| Restricted | funds | 37,954 | (25,303) | 12,651 | |
| 346,979 | 306,413 | (208,874) | 444,518 |
| Summary offunds - prio |
r year | ||||
|---|---|---|---|---|---|
| Balance at | |||||
| Balance at | 30 | ||||
| 1 October | Transfers | September | |||
| 2020f | Income f |
Expenditure | inlout | 2021f | |
| General funds | 201,185 | 489,024 | (343,230) | 346,979 | |
| Restricted funds | 2541 | (2,541) | |||
| 203,726 | 489,024 | (345,771) | 346,979 |
| Analysis | ofn | et asse | ts | between funds -curre | nt year | ||
|---|---|---|---|---|---|---|---|
| Restricted | Unrestricted | Total | |||||
| funds | funds | funds | |||||
| 2022 | 2022f | 2022f | |||||
| Tangible | fixed | assets | 25,780 | 26,780 | |||
| Current | assets | 12,651 | 412,155 | 424,806 | |||
| Creditors | due | within | one | year | (7,068) | (7,068) | |
| Total | 12,651 | 431,867 | 444,518 |
| Unrestricted | Total | |||
|---|---|---|---|---|
| funds | funds | |||
| 2021 | 2021 | |||
| 5 | 6 | |||
| Tangible | fixed | assets | 36,126 | 36,12S |
| Current | assets | 315,014 | 315,014 | |
| Creditors | due | within one year | (4,161) | (4,161) |
| Total | 346,979 | 346,979 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| 6 | ||||||
| Net income for the | year (as per Statement ofFinancial | Activities) | 97,539 | 143,253 | ||
| Adjustments for: |
||||||
| Depreciation charges |
9,346 | S,927 | ||||
| Dividends, interests |
and rents from investments | (600) | (176) | |||
| Decrease/(increase) | in stocks | (9,787) | 26,326 | |||
| Increase in debtors Increase in creditors |
(20,154) 2,907 |
(6,761) 259 |
||||
| Net cash provided | by operating | activities | 79,251 | 169,828 | ||
| Analysis ofcash and cash equivalents | ||||||
| 2022 | 2021f | |||||
| Cash in hand | 358,795 | 278,944 | ||||
| Total cash and cash | equivalents | 358,795 | 278,944 |
| At 1 | At 30 | |||||||
|---|---|---|---|---|---|---|---|---|
| October | September | |||||||
| 2021 | Cash flows f |
2022 f |
||||||
| Cash | at | bank | and | in | hand | 278,944 | 79,851 | 358,795 |
| 278,944 | 79,851 | 358,795 |
| non-cancell | able | operating leases as follows: |
||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Not later than | 1 year | 16,000 | 15,000 | |
| Later than | 1 year and not later than 5 years | 40,000 | 55,OOO | |
| 56,000 | 72,000 |