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|---|---|---|---|
|Report of|the Trustees|||
|Reference|and Administrative
Information||14|
|Report of|the Independent|Examiner|16|
|Statement|of Financial Activities||17|
|Statement|ofCash Flows||19|
|Notes forming part ofthe||Financial Statements|20|
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|Role||||||Person|
|---|---|---|---|---|---|---|
|CEO, directly
managing
the Operations||Manager —and||Vacant|||
|through
her, all the other staff.|||||||
|Operations
Manager,
managing|the Team|Leaders ofthe|||||
|Client Response Team and the Children's
Team; plus the||||Pip Martin|||
|Project Leader ofthe Furniture|Team; and|the Office and|||||
|Finance Manager.|||||||
|Team Leader ofthe Client Response Team managing|||the|Karen Everitt|||
|following three members ofthat team.|||||||
|Volunteer Coordinator at the Warehouse||||Namrine|Robert||
|Client Contact Worker||||Lorena Aires|||
|Admin Assistant at WorldFoods|Food Hub,|Client Contact||Rinan Fatayer|||
|Worker (and Arabic Translation)|||||||
|Team Leader forthe Children's|Team, managing
the|||Al sia Cannock|||
|following two members ofstaff.|||||||
|Volunteer Co-ordinator forthe|Baby Project; and Market|||Marche lie McHikoma|||
|Place Events|||||||
|Education,
Training and Employment
Worker.||||Dr Lin Armstrong|||
|Project Leader ofthe Furniture|Project, managing the|||Dawn Probe||rt|
|following member ofstaff.|||||||
|Volunteer Co-ordinator forthe|Furniture
Project|||Neal Probert|||
|Office and Finance Manager||||Jayne Davies|||
|The following members ofstaff|left during|2022|||||
|Katie Wilson|||||||
|Gladys William|||||||
|Katie Clarke|||||||
|Sue Sampson founder
and unpaid
CEO|||||||
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|Fund||||Amount|Purpose||
|---|---|---|---|---|---|---|
||||||Three years' funding
till July 2025||
|ARM Trust||||f153,240|forthe post of CEO||
||||||(see page 22 note 5explaining
deferral ofunspent||
||||||income)||
|Children
in Need Next Steps||||f33,650|Team Leader for Children's
Team
and Baby Project worker.||
|Uoyds Bank Foundation
England &
Wales||||f27,250|Salaries for management
staff||
||||||A five-year award period ending||
|National
Lottery —Community
(Reaching Communities)|||Fund|f63,256|September 2023forthe Distribution
Volunteers'
Project —salaries of6||
||||||staff.||
|National
Lottery —Community
(Reaching Communities)|||Fund|f80,791|Running Costs ofClothing Coventry,
income received under custodian
truSteeShip
isee note 6a on page 22)||
|National
Lottery —Community
Fund
(Reaching Communities)
via Mosaic
Church Coventry||||f31,589|Running costs ofWorld Foods Food
Hub||
|Bagold Ltd||||f10,000|To enable more families to become
members ofWorldFoods
Food Hub||
|Arnold Clark Autos||||f3,500|Food at WorldFoods
Food Hub||
|Groundwork/Tesco||||f500|Food at WorldFoods
Food Hub||
|Youth with a Mission||||f1,000|Food at WorldFoods
Food Hub||
|Household
Support Fund
Coventry City Council|via|||f28,732|Food at WorldFoods
Food Hub||
|Western Power Community||Matters||f2,500|Food at WorldFoods
Food Hub||
||||||Tofund research into ante-natal|and|
|Health Watch||||f3,700|birth experiences ofrefugee and||
||||||asylum seekers||
|Coventry City Council||||f5,103|For Communication
Champions||
|29
May Charitable
Trust||||f5,000|Emergency Fund: Essential items
people
in need.|for|
|Heart of England Crisis Fund||||f2,999|Emergency
Fund to support
Ukrainian
relief in Coventry.||
|Priors Educational
Trust||||f550|Forthe Uniforms appeal||
|Soothem &Cranor||||f3,800|Forthe Uniforms appeal||
|Local businessman||||f42,456|Tofund accommodation
costs ofthe
warehouse,
also 26, City Arcade||
|Anonymous
donation||||f10,100|Tofund progression
advice for
clients and client-volunteers||
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|arne
ruetee|o appo|ntment|erm expiree|erm expiree|
|---|---|---|---|---|
|Omaima
Ahmed|30January|2020|30January|2023|
|Elizabeth
Ann Thomson|27September|2020|27September|2023|
|Val Lewis|27September|2021|27 September|2024|
|Alvaro Grana|27 September|2021|27September|2024|
|Dillion Duma|29September|2021|29September|2024|
|Peter 0'8rien|29September|2021|29September|2024|
|Andrew
Sayers|29September|2021|29September|2024|
|Kirsty
M abbott|29September|2021|29September|2024|
|Lucinda Croft|19September|2022|09September|2025|
|Lydia Sampson|19September|2022|09September|2025|
|Angela
Emerson|14December|2022|14December|2025|
|Cathy Clarke|27 September|2019|Resigned 3August 2022||
|Ravi Mudapu|29September|2021|Resigned 14December 2022||
|Sue Sam pson|27September|2021|Resigned 08 February 2023||
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||||||STATEMENT OF FINANCIAL ACTIVITIES|STATEMENT OF FINANCIAL ACTIVITIES|STATEMENT OF FINANCIAL ACTIVITIES|||
|---|---|---|---|---|---|---|---|---|---|
||||||12months ending 31st|December 2022||||
||31|December|2021||||31|December 2022||
|f|(Restated —note
f|||2)
E||Note|E|E|f|
|||Restricted||Total|INCOME from:||Unrestricted|Restricted|Total|
|110,518||342,515||453,033|Monetary donations||29,672|357,650|387,322|
||||||Non-monetary
donations:|||||
|83,851||||83,851|-used goods|1c|56,929||56,929|
||||||-foodstuffs
(FareShare)||24,375||24,375|
||||||Charitable
activities||16,942||16,942|
|4,353||||4,353|Trading income||11,516||11,516|
||236|||236|Investment
Income:||418||418|
|198,959||342,515||541,474|Total Income||139,852|357,650|497,502|
||||||EXPENDITURE on:|||||
|138,752||339,976||478,728|Charitable
activities|3|156,447|362,369|518,816|
||867|||867|Fund raising costs||5,047||5,047|
|139,619||||4».»4|Total Expenditure||161,494|362,369|523,863|
|f59,340||E2,539||E61,880|Net [expenditure]
/ income
during the year||E(21,642)|f(4,719)|E(26,361)|
||31|December|2021||||31|December 2022||
|||(Restated)||||||||
||||||||Unrestricted|Restricted|Total|
||E||f|f||||||
|||||61.878|Net income reported above||f(21,642)|E(4,719)|E(26,361)|
|109|235|131676||240911|Add total Funds brought
forward at beginning ofthe year||168,574|134,215|302,789|
||574134215|||f302 7tft|otal Funds carried forward at|11|146,932|129,496|f276,428|
|||12months ending 31Dec|em|ber 2|022|||
|---|---|---|---|---|---|---|---|
|a1|December||||||31December|
||2021|Cash provided
by Operating||Activities|||2022|
||55,880|Net (expenditure)
/ income forthe period
Statement of Financial Activities|as|reported||in the|(26,361)|
|||Adjustments
toeliminate
non-operating|activities||from the above|||
|||result:||||||
||(236)|Investment
activity: bank interest|||||(419)|
||(11,943)|Change
in debtors|||||(23,500)|
||(3,453)|Change
in creditors|||||137,920|
||10,589|Non-cash transactions:
fixed assets, depreciation|||gc loss on disposal||14,835|
||E50,837|Net cash provided
by Operating
Activities|||||E102,475|
|ec|onciliation|ofnet income to|net cash flow from operating activities||
|---|---|---|---|---|
|31|December|||31December|
||2021|Cash flows arising from all activities||2022|
||50,837|Net cash provided|by operating
activities (as above)|102,475|
|||Additional
cash flows during the year:|||
||(2,483)|-from additions|to Fixed Assets|(6,333)|
||236|-from investing|activities: bank interest income|418|
||48,590|Increase in cash during the period||96,560|
||202,608|Add cash brought|forward from previous year|251,198|
||f251,198|Total cash atthe|end ofthe year|H47,758|
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|Sl
December
1011
Restated|Charitable
Activity|Total|'Support
Costs|Bought
Goods|Donations
Focdstug|(6193,939)
Money|Used
House-
Hold Goob|staff
Costs|Rent /
storage
costs||Other
Costs|
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||f|||||
|90,686|Food Hub &
Assoc. costs|159,510|23,433|79,559|24,375|||23,935|1,050||6,958|
|177,286|Furniture
Project|157,520|23,171|1,174|||56,929|20,481|35,923|12,235|7,607|
|47,125|Client Contact
/Home
Visits|814459|11,979|13,431||||53,026|||3,003|
||Clothing
Coventry|||||||||||
|52,899|(excludes Custodian|45,975|6,763|1,110||1,635||22,968|3,554||9,945|
||Trust, see note 6a)|||||||||||
|45,505|Children's
Work|45,001|6,619|5,987||||30,480|||1,915|
|25,336|City Arcade
meetings centre|16,511|2,428||||||9,484|285|4,314|
|24,304|Other
Donating|11,419|1,680|||9,739||||||
|15,587|Learning / Training|1,641|241||||||||1,400|
|E478,728|TOTAL|f518,816|76,314|101,261|24,375|11,374|56,929|150,890|50,011|12,520|35,142|
|ANALYSIS OF SUPPORT COSTS|ANALYSIS OF SUPPORT COSTS|
|---|---|
|Administration|E44,062|
|Management|E32,252|
|Total|E76,314|
##
|Prepayments
|&Debtors||||
|---|---|---|---|---|
||||f|f|
||||2022|2021|
|Coventry
City Council:|||||
|-Prepayment|for rent||12,002|14,893|
|-Contractual|contribution|to Food Hub costs|30,019||
|-Rent DepOSit & BOnd (2021restated)|||8,500|8,500|
|HMRC Gift Aid|||6,022|5,764|
|Mosaic Church|Coventry||1,330||
|Bank interest|||300|235|
|Debtor for donations
(CAF/Facebook)||||5,281|
|Total Debtors &Prepayments|||58,17|~34,673|
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||||Total|Motor|Ware-|City Arcade|Office|Food Hub|
|---|---|---|---|---|---|---|---|---|
|||||Vehicles|house|Fixtures,|Fixtures,|Equipment|
||||||Fixtures,|Fittings &|Fittings &||
||||||Fittings &|Equipment|Equipment||
||||||Equipment||||
|COST|||||||||
|Fixed Assets at beginning
ofthe year|||66,134|41,087|17,034|4,655|2,219|1,140|
|Additions|during the year at cost||6,333||6,333||||
|Less cost
Arcade|of disposal on vacating|Gty|(3,520)|||(3,520)|||
|Cost of asset transferred
from City|||||||||
|Arcade|||||1,135|(1,135)|||
|Total Cost at end ofthe year|||68,947|41,087|24,502||2,219|1,140|
|DEPREGATION|||||||||
|Provision|at beginning
ofthe year||41,276|30,205|7,065|2,327|1,109|570|
|Less provision for disposed asset|||(1,760)|||(1,760)|||
|Provision|for transferred
asset||||567|(567)|||
|Additions|to provision
during the|year|13,075|6,513|5,722||555|285|
|Total provision at end ofthe year|||52,591|36,718|13,354||1,664|855|
|Net Book|Value 31December 2021||24,858|10,882|9,968|2,328|1,109|570|
|Net Book|Value 31December 2022||16,356|4,368|11,148|0|555|285|
|FUNDING|OF FIXED ASSETS||||||||
||||Total|Motor|Ware-|City Arcade|Office|Food Hub|
|||||Vehicles|house|Fixtures,|Fixtures,|Equipment|
||||||Fixtures,|Fittings &|Fittings &||
||||||Fittings &|Equipment|Equipment||
||NET BOOK VALUE|||f|Equipment
f||||
||Restricted
Funds||11,634|4,367|6,982||0|285|
||Unrestricted
Funds||4,722|1|4,166||555|0|
||Total 31December 2022||16356|4368|11148||555|285|
|||||||||23|
##
##
|The rese|rves|policy of|the charity an|d explanation|ofthe designated
fund|ofthe designated
fund|is set out above|on page 12.|
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted||||
||||||||Restricted||
||||||General|Designated|(Restated)|TOTAL|
|||||||||E|
|Funds b/f 1January 2022|||||65,025|98,000|139,765|6302,790|
|Net (expenditure)||during the year|||(21,642)||(4,719)|E(26,361)|
|Transfer|||||3,000|(3,000)|||
|Funds c f 31|December 2022|||||fss 000|6135046|6276 2$|
|||||Summary|offunds||||
|FUND SOURCE|||OPENING|REVENUE|FUNDS|CAPITAL|FUNDS|CLOSING|
||||BALANCE|Inc.|Exp.|Inc.|Exp.|BALANCE|
||||IJanuary||||31December||
||||2022|||||2022|
||||(restated)||||||
|Unrestrkted
Funds||||E|E|||E|
|General|||65,025|137,490|147,238||8,894|46,SBS|
|Designated|||98,000|10,487|13,487|||95,000|
|Subtotal unrestrkted||funds|163,025|147,977|160,725||8,894|141,$8$|
|Restrkted
Funds|||||||||
|ARM Trust|||2,359|21,574|19,215||2,949|1,769|
|Awards for All (Clothing|Coventry)||224||224||||
|Public appeal
(Clothing|Coventry)||28,874|1,626|27,513||354|2,6$S|
|Heart ofEngland
DTD (Clothing
Coventry)|||7,603||1,028|||6,575|
|Baby Bags appeal|||636|9,128|6,355|||S,408|
|BBCChildren
in Need|||11,309|33,650|32,253|||12,706|
|Benefactor for costs of
&Shop premises|Warehouse||9,295|42,456|36,601||1,750|1$,400|
|Big Lottery Community
Reaching Communities|Fund-||29,580|63,256|66,216||6,786|19,8$4|
|Christmas
Appeal|||2,914|6,510|6,878|||2,546|
|Coventry
Befriending||||12,712|5,247|||7,465|
|Coventry
City Council Bursary||||5,103|4,011|||1,092|
|Food Hub|||32,010|124,008|108,763||435|46,820|
|Healthwatch||||3,700|1,011|||2,689|
|Heart ofEngland
(Tampon||Fund)|||100||||
|Lloyds Bank Foundation
England
&Wales|for||13,991|27,250|29,070|||12,171|
|Travel appeal|||870|527|1,189|||208|
|Uniforms
appeal||||6,149|4,420|||1,729|
|Subtotal restrkted||funds|139,765|357,648|350,094||12,274|1$5,045|
|Total Funds|||f302,790|505,625|510,819||21,168|E276,428|