Charlty numbèr: 1179538 BEDFORD FOODBANK UNAUDITED TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 BEDFORD FOODBANK CONTENTS Pa RefeMnc¢ •nd Admlnlstrntlve Detall• of the Ch•rfty, Its Trusts•• and Advls•r• Tru¥t•••' R•port Ind•p•nd•nt Ex•mln•rf* Rèport ststemont of Flnancl•l Acllvltl•• 10 Balance Sh•ol 11 Ststsrn•nt of Ca•h Flow• 12 Notss to the Fln•nclol Stat•ment8 13-27 8EDFORD FOODBANK REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 30 SEPTEMBER 2025 Trust• Rev A L Davis (re&gned 20 January 2025) E Ponsonby (appointed 20 January 20251 JEMHyne K Ml(Idleton G R Moore. Chalr Charlty r•gl•tw•d number 1179538 Prln¢lp•l offl¢• 8-9 Murdock Road Manlon Industrial E8t4te Bedford MK417PL AccountAnts Streets Chartered Accountanli Potton Hou88 Wyboslon Lakes Great North Road Wyboston Bodford MK44 3BZ B•nk•rn Ne￿￿51 Bank plc 81 High Street Bedford MK40 1YN Bucklnghamshlre 8ulldlng Soclèty Hlgh Street Chalfonl Sl Glles BuckinghamBhlr8 HP8 4QB CAF Bank Llmited 25 ￿'ng$ Hill Avenu8 Klngs Hlll Wesl Malling Kent ME19 4JQ Page 1 BEDFORD FOOD8ANK TRUSTEES, REPOFtT FOR THE YEAR ENDED 30 SEPTEMBER 2025 The TnJslee$ present their annual report together wrth the financial slalements of the Bedford Foodbank for the year from 1 October 2024 to 30 September 2025. Oblgctlves and actlvltlgs . Pollclos and obj•ctlv•• The purpose of the chadty. 88 $81 out In 118 governlng documenl,18'. Th8 rellef of Ilnanclal hardship amongst people in Bedford and tha Surrounding area, or In other parts ol the Unlted Kingdom in Such way as the Trustees from lime lo time think fit. in partlcular bul not axelusively by.. 11 Provldlng emeryncy food, 88sentlal toiletries, and other household il•m¥ to indivldual¥ and lamille¥ in need and l or foT dlslrlbution by chari1188 and other organlsatlons wJrklng to prevgnt or relk9ve poverty. 11) Such other means Includlng Ibul not Ilmltèd tol ￿ provl8lon of 8UPPOrt or 81gnpo8ling to relevant InfOrMa￿On and other advi80ry Servi￿#. 111 And to provlde #ucl) ￿rVICeS ￿￿th A Chrlsllan 6th08, SUPPtsrto¢J by è8tAbllih8d church88 In the area of benefit. iv) The benefit of our purpose lo support people in need is to feed individu81s and families who, for one re8son or another. may have difficulties in feedlng Ihem8elve8 andlor their familie$. Our service improves the abillty ol lamilles to care for chlldren and achleve go818 of Self-sufflclency. In Setting objectlve8 and planning for actlvlil88. the Trustee& have given due con8ideralion to pner81 guidance published by tr* Charlty Commi88lon relallng to public benefrt, Includlng the guklance 'Publlc benefit: runnlng a char5ty IPB2)'. b. Strnt•gl•• for •chl•vSng obl•ctlv We 8xl8t lo provide emergency help lo local people in food povety., we are 8atl8fied that we have achleved th18 lo th¢ best of our abillty. ¢. Actlvltie• und•rt•k•n to ach18￿ obJoctlvo• The chanty manageB 8edlord Foodbank, providing three day8. nutrftlon81ty balar￿ed emergency food and ¥upport lo local people who are referred lo us in crisis. We are part of a nationwde nets0￿rk of foodbanks, 5UPPOrted by Th8 Trussell TfU$t, wor￿ng lo combat poverty and hunger across the UK. d. GrantwrnaklTrg pollcles W6 do not offgr grants to any individuals, group8 or other ch8ritie8 other than limited donations lo our clients are foo&poor, who may have identrfied a lack of funds for 988 Dr eleciricity services, where small grants are available from time lo time. Page 2 BEDFORD FOOD8ANK TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2026 Obj•ctiv•• and actlvltl•s (contlnu•dl e. Mlln actlvltles undertaken to further the Charlty's purpo8•¥ for the publlc benellt SchoolB, churches, bu5in8sses and Indivlduals donate non perfsh8bl8. In4at¢ food lo the foodbank %thich is checked, sorted and packed into Cfales ready to be given to people in need. The organi5ation received a significant amount of financial donations in addition lo food donations. Financial donations are used to purch• food for clients and lo cover admlnistralion and running costs of the Charity. Care profes8lon81s $u¢h 88 doctors, hgalth %Asltors, 80cial workers. Clllzèn8 Advl¢e Bureau ICABI and polica amongst other organisations, Including charhles. Identlfy paople in crisls and Issue them bwlh a foodbank voucher. Foodbank cllents bring the voucher to 4 foodbank dl8lribulion centre where it is redeemed for approximately three days emergency food. Volunl¢ers meet client8 and are able to slgnpost them to agendes which are able to help 801ve tha longer lemi problems. f. Volunts•rn Our Volunteers are an 8b801utély koy part of OUT work. and V•P could not achieve any ol the obleGtive¥ wlthout Ih8lr conlribulion. Foll￿n9 tyome chang?8 lo the profile of our volunt•or population partly related to the Covld pandgmk, we have bèen pleaBed to welcome new volunteers and we have 8uffldent help to 8n•blo us lo carry out our work. Achl•v•m•nt• and p•rf0rn7anc• . Maln achl•v•m•nts ol th• Charfty Bedford Foodbank I'The Foodb8nk'l is an Independent charfty, operating a8 a member of Tru￿617 Tru81 netswrk ol loodbanks and we follow th8 Truss911 TruBI'8 polScie8. The foodbank employs fivè paid full-lime and port lime 8laff andls 3upported by approximately 120 volunteers e8ch week. The Foodb8nk operates from a renlgd We￿￿u88 ¥￿th offices dose lo Manton Lane In Bedlord. November 2025 marked two ygars, opgraling out of Ihe larger warehouse. The 11.OOOsqft114,OOOsqft includlng offices and 8lore rooms) ha¥ had a signific8nl posillve impact on our operation, providing a safer workiw environment. 8torage space fof bulk purchase pallets. as well as social Bpaces for staff & volunle?rs. With mor• space we have been able lo offer mora volunteering opportunilles includlng Student mId￿ve9, student Hegllh vl8ilor8 and Prison Officers. The Foodb8nk provides emergency food and 8hort-tem support lo local people who are experiencing food poverty. Fo¢xl is distributed lo clients through 7 distributlon eenlers Im8inly church premi8e81 on working day afternoons. Client number8 decreased by 1VA during th1$ ￿$r compared wlh lasl year. In the year ending September 2025 the Foodbank disturbed 20,944 food parcels, which induded 6927 to children, from 10.195 vouchers. This compares with 2024 where 24.864 food par￿15, including 8,460 childron, from 10.756 vouchers. Thè dècrease has been due to a number of factors including excellent advice and 8UPPOrt given by CAB, meeting r8gularty wlh Referral agencies lo eMphas￿e the emergency nature of the Foodbank parcels and the rlse ol the community supormarkels Sn the town. The Ch8ritls donors and supporters of ft￿d and cash have continued to be generous this yeaT but there has been a nolice8ble decline Sn glving, Ourbng the past year, I(￿al charitigs and organisalions have found fiJndrai5ing increasingly difficult and Bedford Foodbank has been no different. The challenges are due in part to the increase in rising operational costs, economlc pressures like inflation, reduction in locg18uthority funding and intsnse Page 3 8EDFORD FOODBANK TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 30 SEPTEMBER 2025 Achlov•m8nts and performance Icontlnuedl competition for grants. Gwing to the Bèdford Foodbank has been down compared to last year. therefore next ye8r the Foodbank wll need lo concentrate on "getting realty for fundraising", induding not running a deficit budget. a reviged reserves pollcy of 6 months or less and ensuring all policies and procedures are In place, documented and up to dale. Th6 Foodbank continues to maintain a healthy financi￿ slate but increased purchasing c0518 mean that th8 Tw51ees continue to manage the funds care. The eosl of food being purchased monthly has slight decrggsed during thig year to £116,473 compared to £120,000 last year. spent on food and toilety rtems. Joinlng together with other foodbank$ to bulk buy stock ftems has reduced the bLrying costs. We now place regular order8 from Sheffield Foodbank, who acts as a broker for other loodbank8. procurlng full & half pallets al competillve price, thi5 has seen a savlng of £25k In th18 financlal year. In the year ended 30 September 2025, 98 tonnei of food was th)n8led to us Iprgvious year 101 lonne81. The Tru$so11 TruBI use8 a figure of £2.7712024 £2.77) as the value of 1 kg of donated Stock. This figure is nationalty re8d by Tru88011 Tru81 in conluncllon wlth the lood Industry, ond these values have been used lo e8tlmale the value of donated goods Sn tha financial Stalemenls. In addition, 80 lonne8 of food wa8 purchased. Food 18 donated through 8upèrmark$l collectton points acr055 thg Il￿n of Bedford and Ihls accounts for 8pproximalely 50% of donations. The remaining donated lood 18 collected through local churches, schools and géner¢ug Ind￿idUal9. L8sI year 42 schools gnd 33 churches and 1 wne club donated thèir Harvest Festlval Goll•Gtions lo the Foodbank making 8 grand lolal of 7,325kg of food. 8edford F¢)odbank partners wth over 240 statutory Organlsations, chuTches & charille5 can act as r8leTral agencies and are ideally placed in the community lo identify individu015 and families vtho are in need and are able lo issue lo E voucher8. All Bedford Foodbank Referral agencies wll b8 working with the individua18, $0 WII bg aware ol the background 8torles and what olhor help i¥ being recelved. The Foodbank contsnues lo have good working relatlonshlp wllh Citizens Advice Bureau, who attends 8117 di8ldbution centres, offering extra advlce & support lo our d58nl$ and issuing voucher¥ M a need 18 idenlrfied. Fundlng for th18 ha8 come through Twssell Trust during the past 3 years. Thi5 furbding has now ended but CAB have managed to 8ecure addllitsnal lundlng from 8edlord Borough Council IBBCI lo contsnue thi8 partnership. BBC has recognised how important the prevenllve Inlerventlon of BFB & CAB is and hgve agreed lo give additlonal frJndlng to continue thi5 essential work. To as818t households duriryj Ihe cold weather and wilh incraaBed fuel ¢08t8, tho Foodbank Is registered ta18sue fv&l bank vouchgrs from the Fuelbank Foundation lo clients accessiThJ the Foodbank. This enable8 households to cook the food received and keep warm. During 24125, 366 vouchers w?ro issued ty Bedford Foodbank. The value of a voucher Is recalculated every month on the 8verage cost for a hou8ehDld between £30- £97. In summary, the Foodbank continues lo be very busy meeting the Incre88ed ¢Jèm8ndg of t￿hr ¢lionts. The work coultl not continue wlhout the support of donors, Staff and volunteers, for whom they aTe very grateful. Thg Foodbank staff and Trustees continue lo work towards providing lor the grovhng nèed for food and finding the funding lo support this. The OLrtcome 18 that many thousand5 of peoplo havg rgceived hglp from The Foodbank and 11 Is a privilege lo offer them support. Flnanclal r•vlew . RevJ•w of the ¢h•rlty'g Ilnanclal posltlon Deta118 of the charrVs income and expenditure are Shown In the attached Slalèmenl of Flnancial ActNitie8 and the Balance Sheet. They include both monetary donation5 and estimated value5 for the donation of goods, using the standard measurement and valuation procedure5 adopted by the Trussell Trust. The vast majority of donations are received from individuals who make eonlribulions via bank, online an¢J cash donations or as gifts in kind from doroted items of food. toiletries and other Items. Paye 4 BEDFORD FOOD8ANK TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 30 SEPTEMBER 2025 The financial trends reflect a continuation of the generous gbving from many sour¢gS SUPPQrtive of Bedford Foodbank, bul there has been a reduction in both monetary (k)nalions and gifts of food during the year. In the year ended 30 September 2025, financial contributsons from donalic*ns, grant and other income amounted lo £346,711 12024 £389,709) and the value of donated goods recèived wa8 e8b'matèd lo be £270.587 12024 £282,316). The value of donated goods distributed in th8 year wa8 e81imaled lo b? £489,248 12024 £527.340). The va81 majority of donated goods were distributed lo clients, bul stock wlh an eslimoled value of £6,24912024 £9.2051 had lo bè Scrapped a8 It wa8 out of dale at the time the charity received it. The IlnonGl81 ¢onlrlbullon$ racelved havè enabled tho chÈrity lo meet the increased demand from ¢11onls and the charity was in o strong financl81 p¢)511ion al the reporting dole. Howevor, the tru$loes 8rg mindfvl that a significant number ol one off donalions have been received and there is a much smaller number of committod, regular donors 80 the levels of income may fall again in the forthcoming years. b. Ro8erve8 pollcy During the year the re8erv•8 policy was rgviewod. It was agreed to r•laln the policy of aiming to hold the equivalent of hvelve month8, Worth of our budget in reserve. This is to enable us lo continue operating should we face a 8lluallon whereln we arè unable to secure sufficlenl income lo meet our need8.. the expèctallon18 th81 Ihl# 8hould be sufficlenl to meet our needs until such lime as fundlng can be Becured. Th• l•vol ol reMarva$ tskas into account the financlal commhmenl ol the lease agrnemenl for the larg8r premlse8. the incraa8ed commitment around Slafflng costs, the fall In donation8 of Iood Items arvj flnancSal donation8 (both of which IrKr8a6ed signiflcantly durlng the covld.19 pandemlcl, the Increased dgmand for iupport due lo Intrè#Jod coil of Ilvlng In 2025, the charlty'B exp•rAlilure from general fund8 was £86,202 hSghef than Income, reduclng the level ol general funds from £511,04010 £424,838. Al the reporting dale, the actual level ol reserves remained above the largel reseryes policy, but the Iru8tee8 are forecasting a further defiat in 2025126 Sn a planned use of funds lor charitable purposes. Golng concern After making appropriate enquiries, the Truslees have a reasonable expectation that the Charity has adequate resources lo continue in operational existenca for the foreseeable future. For this rea80n, they continue to adopt the going concern ba818 in prep8ring the financial 81alemenl8. Further details regardlng the adoplion of the going corscem basls can be found in the accounting pollcie8. d. Prlnclpal rlsks and unc•rtalnti We do continue to reviow risks. At prèsent, wo do not consKler tw these are substantial or grave. Wo review the national and local economic climate regularty and as the finarrial year for Bedford Foodbank ended we were aware of both the energy crisis and general economic uncertainty caused by the cost of living crisis. We ke6p all thk8 things uppem￿sI In our minds a$ we revitsw dnd 8d8Pt our procedures and po16cies. Page S BEDFORD FOODBANK TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 30 SEPTEM8ER 2026 a. Principal funding The principal 80urce of funding for the FoDdbank 18 through financial donations made by the public. some In the fomi of ¢xcasional donations and other through regular, slfuctured givlng. The Foodbank structures ils receipt of donations so as lo capture any glft aid beneffts a¢cordingly. It 1$ notgd Ihol the ba$1$ of the Foodbanks opeialion Is around the donation of food. thieh is then distributed to the needy and hungry in Bedlord Borough. Ourlng the covld p¥nd8mic the Gharity saw an increase in financial donation8 compartsd to donated food items. The overall level of donations (food and finance8} incre88ed year on year from 2020 10 2023 but both Sources of ¢S)natlon8 have fallen in 2025. Structur•* gov•rnanc• and management a. Con•titutlon Bedlord Foodbank la a reglslered charlly. number 1179538. and 18 consliluted undef 8 Charltable Incorporated Organisation ICIOI Foundallon Constllulion. b. Method• of •ppolntm•nt or •1octlon ol Tru•t••s The man￿ement of the Charty Is the responsibilty of the Trustees OTe eleGled and Go opted under the term8 of thè conslilulion, and appointèd by oxi$ling Irusleès. c. Or9anlsatlonal •tructur• and d•cl•lon-m•klng poll¢l•* The organlsalion structure of the Foodbank Is based around tha Board of Tru8le68, and roportlng to the Board is the Project Man8gerlDirector who ha8 direct reports of seven employed stsff members. The simple structure serves the Foodbank well bèing able to make swift and effective decision8 al an operational level complemented by delalled con$idoralioni gnd dlscusJion8 by the Board of Irusle•8 lor larger deuslons and 8tr8lèglc matters. Initiated in September 2023, Ihg Board developed a Slralegic Plan for the FDodbar*k that sets out a three to five year plan for operations, people and finances. The Trustees consulted with staff and volunteers on the process and look o number of external inputs into account. In 2024, the Trustees comml85ioned an independent HR review to look 81 and advlse on 8lructure8 and polbcles for the Foodbank véhich have now been implemented. d. Pollcles adopt•d for th• Inductlon and hlnlng of Trust••• Appropriate training is given lo trustees, including lo new trustees. This Includes but 15 not Ilmil•d to the training offeied lo toodbank8 by the Trussell Trust. . Pay pollcy for key manlgemont p•rnonnel Pay policy for key Staff employed by the Foodbank 15 under the control of a small remuneration committee comprising of members of the Board of Tru$lees. Outside factors, market trends and inflationary pressures are all taken into account In setting pay levels, as performanGe levels on oGcasions. The timeliness of any pay changes Is also addressed by the remuneration committee when assessing changes to 51aff pay. Page 8 BEDFORD FOODBANK TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 30 SEPTEMBER 2026 Structure. gov•rnanca and managemènt Icontlnu•dl f. Rèlated paty relatlon#hip¥ A8 p¥rt ol the Tru¥sell Trust nefvK>rk, we follow thelr pollcie8 arnl benefft from thelr règlonal 8lructufe, where v benefit by learning wilhfftom similar, local, Foodbanks. We enjoy good relatSon$hip$ wlh other charities and bodies in the local area who also seek to reli6ve poverty. These relab'onships are informal,. w8 do not, for example, make grants lo other charitlas, bul may from lime to lime offer to shara rèsources with other local loodbankB. g. D•cl#lon-m#klng pro¢e88 The charity rn8kg5 its larger decisions Ihrough a Board of Tru8te88 vAlhln the contexl of règular Board Meeting8 that are schedule(l in advance Any deci8ion8 required are s81 out in advance of the meeting through an agree(I agenda and any supporting documents are provlded in advance. The Board of Tru¥tees delegate 8maller operaUonal d8c181on maklng to thè Project Manager for Bedford Foodbank who h95 suitable experience and capability to 6UPPOrt this delegailon of aulhorlty. The Charlty operate againBI a det8118d annual budg81 and any financial decision 18 made in conjunction with the pre-approved budget. For oporational matter8 the Project Manèger Is In r￿Ul*T ctsnlact vAth each of tha Trustees, 8nd in p8rticular the Chair. and discussès more 0￿ratIonal d8¢1slon8 a￿vaYS on a tlmety bas18. Pl*th• for lutur• p•rlod• Tt* Foodbank18 committed lo doliverfng a hlgh standard of Service lo anyonè engage8 wlth our work . The Tfuslees believe that the be81 way lo improve Service 18 by leaming from the people vtho use 1180 we welcome omm¢nl$, compliments and complaints Irom clients, referral agencle8, volunteers 8nd anyone e18e Foodbank come5 into contact with. These help the Trusl88s lo what the Foodbank 18 dolng well and wher& il ¢8 make improvements for the future. To thi8 end, the Foodbank has now succesBfully established itsalf into a n8W enlarg8(I warehousing facility lo cope ￿th the extra food requlrements and Is now looking lo bed this in lo the opgrallonal procedure and 881abll8h Improvèd elficiencle8 wh1151 malntalnlr¥J a s81é working environment and an engaging place lo work for all 8tsff and volunteers. 8tatsm•nt of Trust•￿. re¥pon•lbllllle• TNsle¢s are responsible lor preparing the Truslee8' Report and the flnanclal 8t818mÉnts in accordance wllh applicable low and Unilod Kingdom Accounting Standards (Unlted Klngdom Genorally A¢¢oPt¢d Accountlng Praclice}. Thg law appllcable lo charilitss in England & Wale8 requlres the Trustees lo prepare finanaal ststements for each financial vthiGh give a true and fair view of tho State of 8ffair6 of the Charlty and of ils incomlng résource5 and application of resource5, including its Income and expeTh4iture, for that period. In preparing thesg financial staloment5, the Trustees are required to.. 8elecl suitable accounting policies ènd then apply them con8lstentty-, observe the method8 and prin¢lple$ of the Charities SORP IFRS 102}', make judgments and accounllng eskn"males that are reasonable and prudent., State whether applicable UK Accounting Standards IFRS 1021 have been followed, subject lo any material departures disclosed and explained in the financial statements., prepare the financial statements on th¢ going concem basis unless it is inappropriate to presume that the Charity wll continue in business. Pag9 7 BEDFORD FOODBANK TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 30 SEPTEMBER 2025 stst•m•nt of Trusto0s' ro•pon6lbllltl•s (CONTINUED) The Truste88 are fesponslble lor keeplng adequate accounting records that are sufficient to show and •xplain the Charws Iran8actlonB and dlsclose th reasonable accuracy al any time the financial po8ltion of the Charty and enable thom lo ensure that the financial statfrments comply wth the Ch8rltie8 Act 2011. the Charty (Accounts and Report51 Regulations 2008 and the provisions of the Trust deed. They 8re also respon8lble for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and doleclion of fraud and other irregularitses. Approved by order of the memb¢r8 of th¢ board of Tru$lee8 and 8lgned on thelr behaw by.. G R Moor• Ghalr of Iruslees D8t8. 18 May 2026 Page 8 BEDFORD FOODBANK INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENOED 30 SEPTEMBER 2025 Independent Examlnerfs Report to the Trusts¢s of Bedford FoodbJnk I'the Charlty'l We report lo Ihe charity Trustee¥ on our examination of the accounts of the Charity for the year ended 30 September 2025. Responslbllltles and Basls of Report As thè Trustees of the Charity you are responsible for the wepatation of the accounts in accordance wilh the requirements of thè Charities Ael 2011 {Ihe 2011 ACVI. We report in reBpecl of our examlnalion of the Chantys accounts carried out under section 145 of the 2011 Act and in Car￿n9 out our examination wfj have followed ￿ appllcabla Direction6 given by tha Chartty Commlssion under 8eclion 145151(bl of the 2011 Act. Ind•pend&nt Examln•r'$ Statement Slnce Ihe CharW8 gr086 Income excaedad £250.000 your examiner muBt be a member of a boty 118led In Saction 145 of thè 2011 Act. We confirm that w& are qualified lo undertake the examination becau59 Wg are member of the Institute ot Chartered Accauntanls In England and Wales (ICAEWI, which is one of the lislad bodle¥. Your attenllon IB dravm lo the fact that the Charity h8s prepared the accoun18 in accordance wth Accounting and Reportlng by Charltles.. Statement of Recommended Practice applScable lo charftleg preparlng thelr accounts in 8ccordance wlh the Financial R8POrtlng Standard applicable in the UK and Republlc of Ireland IFRS 102} In preference lo the Accounting and Reporting by Char)ti86.' Slalemanl ol Recommended Practlce16sued on 1 April 2005 which is referred lo in the extant rogulalions but has been wlthdrawn. We underslond that Ihls has been done in order lor the accounts lo provlda a true and 18lr v10w in o¢Cordan￿* with tho Generally Accepled Accounting Practice effectlv8 for reporting periods beginning on 01 aft•f 1 January 2015. We have completed our examinallon. We confim that no matters have como to our 8tt¢nts'on in ¢onna¢lion wth the examlnalion giving u8 cause to believe that In any material rèspect.. 8ccountlng record8 wèrè not kopt In r88pect of the Charity as required ty section 130 of the 2011 Act,. or the accoun16 do not accord wlth thc88 record8,' or the accounts do not compty ￿ttt th6 appllcablè raquiromants cryK8rning the form and conlenl of accounts sel out in the Charllles (Accounts and Report81 RegulaliDnB 2008 other than any requirement that the aceounts givè a 'lrue and fair. view which is not a matter considered as part of an independent examinatlon. We have no concems and have come acros8 no othér m8tt$rs In ¢onn8ction with the eXaminat￿n lo which attenllon should be drawn In thls report In order lo onablg a propef understanding of the occounls to bo rexhed. Thls r8port Is madè solely lo the Charitys Trustees. as a body, in accordance with Pgrt 4 of thg Chari119S AccounlB and Reports) RegulationB 2008. Our work has been undertaken so that we mighl State lo the Chaity's Trustees those matter5 we are required 10 5ts1e to them in an Independent Examiner's Report and for no olher purpose. To the fullest extent permitted by law. we do not accept or assume responsibility lo anyone other than the Charity and the Charity$ Trustees as a body, for our work or for this report. Slgned.. Dated.. Izc)2 Al8n Endersby FCA streets Charterod Accountsnts Pott¢)n House, Wyboston Lakes, Great North Road, W￿s1On, Bedford. MK44 38Z Page 9 BEDFORD FOODBANK STATEMENT OF FINANCIAL ACTNITIES FOR THE YEAR ENDED 30 SEPTEMBER 2026 Unrestrlctsd fund• 2026 Rgstrlcted funds 2025 Total funds 2025 To181 funds 2024 Not• Income from: Donations end legaci88 Charrtable activllle8 lftve8lmenl8 322,345 270,687 6.907 24366 340.711 270,587 6,907 389, 709 282,816 6,290 Total in¢om• 698,B39 24,366 623,205 678,815 Expendltur• on: Rai8ing fundi Charltable actNilia# 204 790.296 673,408 39,801 713,209 Total •xp8ndltur• 673,408 39,801 713,209 790,5(10 Net expendltur6 Tronsfors between fund8 174,569) 111.633) {16,436) 11,633 190.004) fl 11,685) 18 Not movern•nt funds 186.202) 13.8021 1¥0,004) (111,685J RKonclll•tk>n of funds: Totsl funds brought forward Net movement in fundB 611.040 (86.2021 3.802 13.8021 814842 190,004) 626,527 (111,685) Totsl funds carrl•d foThvard 424,838 424,838 514,842 The Statement of Flnjncial Activrties includ88 all galns and1038es rectsyn18ed In the year. Th& notes on pa￿5 1310 27 form part of Ihe6e finandal 81alement8. Pag810 BEDFORD FOODBANK BALANCE SHEET AS AT 30 SEPTEM8ER 2026 2026 2024 Nots Flx•d au•t¥ TarKJible assets Current a¥8•ts 12 24,447 20,468 Stocks Debtors Cash al bank and in hand 13 14 98.967 90,869 234,630 84,471 65,975 374,327 424,416 524, 773 Current IlabllStS8• CfedltorB.' amountA f#lllng du6 wf(hln on8 year 15 124.0761 (30.399J N•t curyent ass•ts 400,391 494,374 Total n•t a•uts 424,838 514,842 ¢harlty fund¥ Restricted fvnds Unreslricled funds 16 16 3,802 511,040 424.838 Total fund 424,838 514,842 The flnandal $tatemonl6 V•pre 8pprove(l anLt author180d for isBuo by the Trustees and 8lgned on Ihalr behalf ty. G R Paoor• Chair of Trustees Dale. 18 May 2028 The note8 on pages 13 to 27 form part of these Ilnanclal stalemenl8. Page 11 BEDFORD FOODBANK STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 30 SEPTEMBER 2025 2026 2024 Cmh Ilows from op•r•tlng •¢tlvltl¢s Net cash u8ed in operatlng aGllville¥ 1134,189) (82,603) Cash flows from Inv•stlng actl¥ltle8 Dividends, inlere8ls and rents from investments Purchase of tangible fixed assets 6,907 6.290 f6,078) Net c••h (US￿ Inllprovld•d by Investlng Jcdvltl 16,508 212 C•8h Ilows from flnanclng acllvltles N•t ca*h provlded by Ilnanclnq actl¥ltl•• Change In ca•h and c•#h •qulval•nts In tho y•*r Cash and cash eqU￿ale￿I al tha boglnning of the y•ar {139,6971 374,327 182,3911 456,718 CaBh •nd c••h •qulv•l•nts at tho •nd of th• y••r 234.630 374,327 The note8 on p8geB 13 10 27 form pgrt of IheJa fln•nclal ¥lot•ments Page 12 BEDFORD FOOD8ANK MOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 G•n•ral Information A8 Set out in the trustees, report, Bedford Foodbank Is a Charitable Incorporated Organi8alion ICIOI reg18tered wtth the Charfty Commi55ion in England and Wales. The 8ddie88 of thelr reg18terad office 18 8- 9 Murdock Road, Manton Industrial Eslale, Bedford, MK417PL. The financial sta*emenls are propared in slertlng, whlth 1$ the functional ¢￿￿encY of the ents'ty. Accountlng pollcle8 2.1 BaGl6 of preparAtlon of flnancl41 $t•tempnts The financial statements have been prepared in accordance wllh the Charitie8 SORP IFRS 102) Accounting and Reporting by Charrties.. Stslement of Recommènded Practice applicable lo charities preparing Ih&ir accounts in accordance wlh the Financial Reporting Standard applI￿bIg in the UK and Republlc of Ireland IFRS 1021 (effective 1 January 20191, the Financial Reportlng Standard appllcabl• in Ihe UK and Republlc ol Ireland IFRS 1021 and Ihg Charlllo8 Act 2011. Badford Foodbank meéts tho dofinthon of a publlc benefit entity under FRS 102. Assets and liabilities are initially recognised at h181orical co81 or Iransactlon value unle85 Other¥Ms0 glated In th• relevant aGcountsng policy. 2.2 Incom• All income 18 recogniged once the Charity has entitlement to the income, il is probable that the Income wll be received and the amount of Income reGtslvable Ggn be measured reliably. Grants are induded In th& Slalèmenl of FinanGipl Actlvitie¥ on a receNabl8 basls. The balance of Income received for Specific purpose5 bul not expended during the perlod 18 shown in the relevant funds on the B81anet Sheal. Whère incorne is recgived in 8dvance of anllllemonl of recèipt. its recognltion Is deferred and included In creditors as delerred income. Where enlldemenl occurs before In￿rne 18 received, the Income 18 accrued. Glft& In klnd donated for distribution are induded al valuation luslng 8tsndard valuation procedureÈ adoptgd by tho Trusjell Twjtl 8rKI recognised 88 income when they are donated to the chanty. Income tax recoverable in relallon lo inve81menl Income 18 recogni3ed at the Ilme the invg3tm8nt inrxjme is rocebvable. 2.3 Exp•ndltur• Expendf(ure Is recognised once there18 a legal or conslruciive obligation lo transfer economic benefit to a third P8Tty, it Is probable that a transfer of economlc benèfits wll be ￿quired In 8etNement and the 8mounl of tho obligallon can be measured reliably. Expenditure on raising funds includes all expenditure incurred by the Charty to raise funds for tts ch8ritable purpr)$8s and includes C08ts of 811 fundraising ath'vities events and non