**Registered number: CE018321 Charity number: 1184601**
## **FOOD FOR THOUGHT DAVENTRY**
(A charitable incorporated organisation)
## **UNAUDITED**
**TRUSTEES' ANNUAL REPORT AND FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31 JULY 2024**
## **FOOD FOR THOUGHT DAVENTRY**
## **(A charitable incorporated organisation)**
## **CONTENTS**
||**Page**|
|---|---|
|**Reference and administrative details of the Company, its Trustees**|**1**|
|**and advisers**||
|**Trustees report**|**2-7**|
|**Independent Examiner's Report**|**8-9**|
|**Statement of financial activities**|**10**|
|**Balance sheet**|**11-12**|
|**Notes to the financial statements**|**13-24**|
## **FOOD FOR THOUGHT DAVENTRY (A charitable incorporated organisation)**
## **REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 JULY 2023**
**Trustees** Miranda Wixon Angela Gee John Kenneth Manning-Smith (resigned 12 January 2024) Helen West (appointed 11 January 24) Rachel Johnston (appointed 15 January 24) Teresa McCarthy-Dixon (appointed 15 January 24) John Brownhill (appointed 11 July 24) **Company registered number** CE018321 **Charity registered number** 1184601 **Registered office** Foundation Building New Street Daventry NN11 4BT **Accountants** Delyth Bending Accountancy Ltd Chartered Accountants 4 The Paddock Lower Boddington Northants NN11 6YF
1
## **FOOD FOR THOUGHT DAVENTRY**
## **(A charitable incorporated organisation)**
## **TRUSTEES' REPORT FOR THE YEAR ENDED 31 JULY 2024**
The Trustees present their annual report together with the financial statements of the Food For Thought Daventry for the 1 August 2023 to 31 July 2024. The annual report serves the purposes of both a Trustees' report and a directors' report under company law. The Trustees confirm that the annual report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019).
Since the Company qualifies as small under section 382 of the Companies Act 2006, the strategic report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013 has been omitted.
## **Objectives and activities**
## **a. Policies and objectives**
The objects of the Company, as set out in its Memorandum of Association, are:
We aim to alleviate hunger for children, families and the elderly in the Daventry District (now West Northants) by providing access to sustainable affordable food. This brings the community together in an environment where there is no stigma or embarrassment. 4,900 children (plus families) in Daventry District could need this help. We support schools, the local community and local businesses.
In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.
## **b. Activities undertaken to achieve objectives**
The Company has set up several food larders. These are located in Woodford Halse, Daventry, Brixworth, Helmdon and Brackley. The charity also provides additional warm spaces opening during January to March.
2
## **FOOD FOR THOUGHT DAVENTRY**
## **(A charitable incorporated organisation)**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 JULY 2024**
## **Achievements and performance**
We are pleased to present these accounts and reflect on the tremendous impact our volunteers have made over the past year and can reaffirm our confidence in our ability to continue to deliver our vital services.
## **a. Review of activities**
The charity has concentrated on improving and developing its community larders this year, with large changes in the supply chain and funding successfully navigated by the team of larder leads.
The six larders currently have approximately 18,000 visitors a year with 43,000 actual beneficiaries.
This has been a major achievement to successfully reach such a huge number of households with access to affordable and sustainable food and household supplies whilst creating a friendly and approachable environment with no judgement.
Our larders are also a conduit to other useful life-improving services for our communities, and provide a venue and a route to communicate with the residents who need to know more about available advice and support from the Council and charities.
The larders have also been part of the Warm Spaces Initiative during the winter months, and in some cases segued into year-round sessions, improving connection and friendship in addition to practical heating support when needed.
The larders will continue to face challenges with funding, logistics, storage and labour time this year but we are facing those challenges head on with a fantastic group of people.
## **b. Celebrating our volunteers**
Volunteers are the heartbeat of our organisation. Their diverse skills and unwavering commitment enable us to serve our communities effectively. Our volunteers undertake a variety of roles, each crucial to our mission, some of which are visible, and others in the background, and not just on the days that the larders are open.
3
## **FOOD FOR THOUGHT DAVENTRY**
## **(A charitable incorporated organisation)**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 JULY 2024**
## **b. Celebrating our volunteers (continued)**
From administrative support that ensures smooth operations; to on-call responders leaping into action to collect available food from sources; to regular weekly commitments to long-haul collections; to the behind the scenes stockists; to those front-of-house who directly engage with those we serve; to those who fundraise and track down supplies : our volunteers are integral to everything we do, and all enhance our capacity to reach more individuals in need.
## **c. Financial health and operational security**
We are proud to confirm that our financial status remains robust. Through the generous contributions of our donors, successful grant applications, and diligent financial management, we have secured the nessary resources to support our operations for the upcoming year. Our financial reserves have been strategically enhanced, providing a stable foundation upon which we can commit to maintaining and improving our service and facilities as appropriate across our venues.
As we look to the future, we recognise that demand for our services may continue to grow, even whilst our ultimate aim is to reduce the demand for support. However, thanks to our meticulous planning and the dedication of our volunteers and staff, our operational framework is flexible, allowing us to adapt to changes while maintaining the quality and consistency of our services.
## **d. Looking ahead with confidence**
As we move forward, we are excited about the prospect of deepening our impact within the community. We will continue to explore new ways to engage our volunteers, ensuring that they feel valued and supported in their roles. Together, we will respond to the emerging needs of those we serve, reinforcing the vital work we do.
We would like to extend our heartfelt gratitude to each and every one of our volunteers, supporters and community members. Your belief in our mission drives us to achieve excellence, and we are inspired by your ongoing commitment to making a difference.
Thank you for standing with us as we look to the future with hope and determination.
4
## **FOOD FOR THOUGHT DAVENTRY**
## **(A charitable incorporated organisation)**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 JULY 2024**
## **Financial review**
## **a. Going concern**
After making appropriate enquiries, the Trustees have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.
## **b. Reserves policy**
It is the trustees' aim to maintain free reserves at:
1. Six months running costs allowing for fluctuations in income and ongoing equipment purchase and repair.
2. A reserve for the costs of purchasing and converting new premises.
The level of reserves is monitored and reviewed by the trustees annually.
## **Structure, governance and management**
## **a. Constitution**
Food For Thought Daventry is registered as a charitable incorporated organisation.
## **b. Methods of appointment or election of Trustees**
The management of the Company is the responsibility of the Trustees who are elected and co-opted under the terms of the Trust deed.
## **c. Financial risk management**
The Trustees have assessed the major risks to which the Company is exposed, in particular those related to the operations and finances of the Company, and are satisfied that systems and procedures are in place to mitigate exposure to the major risks.
5
## **FOOD FOR THOUGHT DAVENTRY**
**(A charitable incorporated organisation)**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 JULY 2024**
## **Members' liability**
If the CIO is wound up, the members of the CIO have no liability to contribute to its assets and no personal responsibility for settling its debts and liabilities.
## **Public Benefit**
The Trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the charity's aims and objectives and in planning future activities.
6
## **FOOD FOR THOUGHT DAVENTRY (A charitable incorporated organisation)**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 JULY 2024**
## **Statement of Trustees' responsibilities**
The Trustees (who are also the directors of the Company for the purposes of company law) are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the Trustees to prepare financial statements for each financial . Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Company and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles of the Charities SORP (FRS 102);
- make judgments and accounting estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by order of the members of the board of Trustees and signed on their behalf by:
Miranda Wixon
Date: 27 February 2025
7
## **FOOD FOR THOUGHT DAVENTRY**
**(A charitable incorporated organisation)**
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF FOOD FOR THOUGHT DAVENTRY FOR THE YEAR ENDED 31 JULY 2024**
I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 July 2024 which are set out on pages 9 to 23.
## **Respective responsibilities of trustees and examiner**
As the charity’s trustees of Food For Thought Daventry you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the accounts of Food For Thought Daventry are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act and of the Charitable Incorporated Organisations (General) Regulation 2012.
## **Independent examiner’s statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of Food For Thought Daventry as required by section 386 of the 2006 Act;
or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view' which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].
8
## **FOOD FOR THOUGHT DAVENTRY**
**(A charitable incorporated organisation)**
**INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF FOOD FOR THOUGHT DAVENTRY FOR THE YEAR ENDED 31 JULY 2024**
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
......................................
Delyth Bending Delyth Bending Accountancy Ltd ICAEW 4 The Paddock Lower Boddington Northants NN11 6YF
27 February 2025
9
## **FOOD FOR THOUGHT DAVENTRY**
## **(A charitable incorporated organisation)**
**STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 JULY 2024**
|**Unrestricted**
**Restricted**
**Total**
**funds**
**funds**
**funds**
**2024**
**2024**
**2024**
**Income from:**
**Note**
**£**
**£**
**£**
Donations and legacies
3
32,270
186,787
219,057
Charitable activities
3
117,843
-
117,843
Investments
3
407
-
407
**Total income**
150,519
186,787
337,306
**Expenditure on:**
Raising funds
4
-
-
-
Charitable activities
5
82,644
104,415
187,059
**Total expenditure**
82,644
104,415
187,059
**Net income / expenditure**
67,875
82,372
150,247
Transfers between funds
-
-
-
**Net movement in funds**
67,875
82,372
150,247
**Reconciliation of funds:**
Total funds brought forward
26,529
3,776
30,305
Net movement in funds
67,875
82,372
150,247
**Total funds carried forward**
94,404
86,148
180,552|Total
funds
2023
£
58,089
79,436
135
137,660
-
114,483
114,483
23,177
-
23,177
7,128
23,177
30,305|
|---|---|
The Statement of financial activities includes all gains and losses recognised in the year.
The notes on pages 13 to 24 form part of these financial statements.
10
## **FOOD FOR THOUGHT DAVENTRY (A charitable incorporated organisation)**
## **BALANCE SHEET AS AT 31 JULY 2024**
|**Note**
**Fixed assets**
Tangible assets
10
**Current assets**
Cash at bank and in hand
Stock
11
Trade Debtors
Prepayments
12
**Net current assets**
**Creditors: Amounts falling due**
13
**within one year**
**Total assets less current liabilities**
**Creditors: Amounts falling due**
14
**within one year**
**Total net assets**
**Charity funds**
15
Resricted funds
16
Unrestricted funds
16
**Total funds**|**2024**
**2024**
2023
2023
**£**
**£**
£
£
14,363
5,200
154,622
39,305
11,153
6,000
170
-
79,237
-
245,182
45,305
(71,821)
(16,300)
187,724
34,205
(7,172)
(3,900)
180,552
30,305
86,147
3,776
94,405
26,529
180,552
30,305|
|---|---|
The notes on pages 13 to 24 form part of these financial statements.
11
## **FOOD FOR THOUGHT DAVENTRY**
## **(A charitable incorporated organisation)**
**BALANCE SHEET (continued) AS AT 31 JULY 2023**
## **The Company was entitled to exemption from audit under section 477 of the Companies Act 2006.**
The members have not required the company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.
The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.
The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.
The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:
Miranda Wixon
> Date: 27 February 2025
The notes on pages 13 to 24 form part of these financial statements.
12
## **FOOD FOR THOUGHT DAVENTRY**
## **(A charitable incorporated organisation)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024**
## 1 **General information**
Food For Thought Daventry is a charitable incorporated organisation incorporated in England and Wales within the United Kingdom.
## **2 Accounting policies**
## **2.1 Basis of preparation of financial statements**
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Food For Thought Daventry meets the definition of a public benefit entity under FRS 102. Assets and preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Food For Thought Daventry meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.
## **2.2 Income**
Recognition of incoming resources:
These are included in the statement of financial activities when:
1. the charity becomes entitled to the resources;
2. the trustees are virtually certain that they will receive the resources; and
3. the monetary value can be measured with reasonable accuracy. Grants and donations:
Grants are only included in the statement of financial activities when the charity has unconditional entitlement to the resources standards.
Gifts in kind are accounted for when receivable, at a reasonable estimate of their value to the Charity. Investment income:
Bank and building society interest is included in the statement of financial activities when the interest falls due.
13
## **FOOD FOR THOUGHT DAVENTRY**
## **(A charitable incorporated organisation)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024**
## **2 Accounting policies (continued)**
## **2.3 Expenditure**
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources.
Depreciation charges are allocated on the portion of the asset’s use.
Expenditure on raising funds includes all expenditure incurred by the Company to raise funds for its charitable purposes and includes costs of all fundraising activities events.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the Company's objectives, as well as any associated support costs.
## **2.4 Fixed assets**
Assets over £500 are capitalised and depreciated over their estimated useful lives.
## **2.5 Depreciation**
Depreciation is provided at the following rates in order to write off the assets over their estimated useful lives.
Equipment and storage
20% straight line basis
## **2.6 Stock**
Stock is valued at the lower of cost and net realisable value.
14
**FOOD FOR THOUGHT DAVENTRY (A charitable incorporated organisation)**
## **NOTES TO THE FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31 JULY 2024**
## **2 Accounting policies (continued)**
## **2.7 Fund accounting**
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Company and which have not been designated for other purposes.
Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.
Restricted funds are funds that can only be used for a specific purpose, as defined by the donor.
## **3 Analysis of income**
## **Income from donations and legacies**
|**Unrestricted**
**funds**
**2024**
**£**
Donations and gifts
17,904
Grants
375
Membership subscriptions
11,167
Release of deferred grants and donations
2,824
32,270
Unrestricted
funds
2023
£
Donations and gifts
25,090
Grants
5,125
Membership subscriptions
7,663
Release of deferred grants and donations
1,300
Donations and gifts
39,178|**Restricted**
**funds**
**2024**
**£**
10,000
176,787
-
-
186,787
Restricted
funds
2023
£
500
18,411
-
-
18,911|**Total**
**funds**
**2024**
**£**
27,904
177,162
11,167
2,824
219,057
Total
funds
2023
£
25,590
23,536
7,663
1,300
58,089|
|---|---|---|
15
## **FOOD FOR THOUGHT DAVENTRY**
## **(A charitable incorporated organisation)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024**
## **3 Analysis of income (continued)**
## **Charitable activities**
|**Unrestricted**
**funds**
**2024**
**£**
Larder sales
117,843
117,843
Unrestricted
funds
2023
£
Larder sales
79,436
**Income from investments**
**Unrestricted**
**funds**
**2024**
**£**
Interest income
407
407
Unrestricted
funds
2023
£
Interest income
135|**Restricted**
**funds**
**2024**
**£**
-
-
Restricted
funds
2023
£
-
**Restricted**
**funds**
**2024**
**£**
-
-
Restricted
funds
2023
£
-|**Total**
**funds**
**2024**
**£**
117,843
117,843
Total
funds
2023
£
79,436
**Total**
**funds**
**2024**
**£**
407
407
Total
funds
2023
£
135|
|---|---|---|
16
## **FOOD FOR THOUGHT DAVENTRY**
## **(A charitable incorporated organisation)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024**
## **4 Expenditure on raising funds**
## **Costs of raising funds**
|**Unrestricted**
**funds**
**2024**
**£**
Costs of raising funds
-
Unrestricted
funds
2023
£
Costs of raising funds|**Restricted**
**funds**
**2024**
**£**
-
Restricted
funds
2023
£
-|**Total**
**funds**
**2024**
**£**
-
Total
funds
2023
£
-|
|---|---|---|
17
## **FOOD FOR THOUGHT DAVENTRY**
## **(A charitable incorporated organisation)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024**
## **5 Analysis of expenditure on charitable activities**
## **Summary by fund and expenditure type**
|**Unrestricted**
**funds**
**2024**
**£**
Food purchases
70,102
Opening stock
6,000
Closing stock
(11,153)
Hardship expenses
-
Small equipment and consumables
312
Events
2,193
Awards, consultancy and admin costs
3,123
Bank and finance charges
899
Computer software and maintenance
113
Printing, stationary and phone
612
Governance costs
-
Rent and waste
3,615
Insurance
-
Training
-
Delivery costs
766
Repairs and maintenance
-
Travel
2,146
Depreciation
3,916
82,644|**Restricted**
**funds**
**2024**
**£**
64,182
-
-
474
5,884
-
23,035
-
800
368
1,000
2,500
564
59
3,447
2,103
-
-
104,415|**Total**
**funds**
**2024**
**£**
134,284
6,000
(11,153)
474
6,196
2,193
26,158
899
913
980
1,000
6,115
564
59
4,214
2,103
2,146
3,916
187,059|
|---|---|---|
18
## **FOOD FOR THOUGHT DAVENTRY**
## **(A charitable incorporated organisation)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024**
## **5 Analysis of expenditure on charitable activities (continued)**
## **Summary by fund and expenditure type**
|Food purchases
Closing stock
Small equipment and consumables
Events
Awards and admin costs
Bank and finance charges
Computer software and maintenance
Printing, stationary and phone
Governance costs
Rent and waste
Training
Delivery costs
Depreciation|Unrestricted
funds
2023
£
75,263
(6,000)
150
770
19,395
-
240
-
800
7,431
-
-
1,300
99,348|Restricted
funds
2023
£
657
-
5,525
-
6,313
211
44
591
-
1,000
104
690
-
15,135|Total
funds
2023
£
75,920
(6,000)
5,675
770
25,708
211
284
591
800
8,431
104
690
1,300
114,483|
|---|---|---|---|
19
## **FOOD FOR THOUGHT DAVENTRY**
## **(A charitable incorporated organisation)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024**
## **6 Analysis of expenditure by activities**
**----- Start of picture text -----**
||||
|---|---|---|
|Activities|Total|
|undertaken|funds|
|directly|
|2024|2024|
|£|£|
|Costs (note 5)|187,059|187,059|
|Activities|Total|
|undertaken|funds|
|directly|
|2023|2023|
|£|£|
|Costs (note 5)|114,483|114,483|
**----- End of picture text -----**
## **7 Trustees' remuneration and expenses**
During the year, no Trustees received any remuneration or other benefits (2023 - £NIL). During the year ended 31 July 2024, Trustee expenses have been incurred for travel and delivery costs of £2,489 (2023 - £NIL).
## **8 Taxation**
The charity is a registered charity and is therefore exempt from taxation.
## **9 Financial instruments**
**----- Start of picture text -----**
||||
|---|---|---|
|2024|2023|
|£|£|
|Financial assets|
|Financial assets measured at fair value through income|
|and expenditure|180,552|30,305|
**----- End of picture text -----**
20
## **FOOD FOR THOUGHT DAVENTRY**
## **(A charitable incorporated organisation)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024**
|**10 Tangible fixed assets**
Cost:
As at 1 August 2023
Additions
As at 31 July 2024
Depreciation:
As at 1 August 2023
Charge for the year
As at 31 July 2024
Net book value:
As at 1 August 2023
**As at 31 July 2024**
**11 Stock**
Ambient food
**12 Prepayments**
Food purchases
Rent|Equipment
£
6,500
13,079
19,579
1,300
3,916
5,216
5,200
**14,363**
**2024**
**£**
11,153
78,673
564
79,237|Total
£
-
13,079
13,079
-
3,916
3,916
5,200
**14,363**
2023
£
6,000
-
-
-|
|---|---|---|
21
## **FOOD FOR THOUGHT DAVENTRY**
## **(A charitable incorporated organisation)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024**
|**13 Creditors: Amounts falling due within one year**
Trade creditors
Accruals
Deferred equipment donations
**14 Creditors: Amounts falling due after more than one year**
Deferred equipment donations|**2024**
**£**
40,066
28,931
2,824
71,821
**2024**
**£**
7,172
7,172|2023
£
15,000
-
1,300
16,300
2023
£
3,900
3,900|
|---|---|---|
22
**(A charitable incorporated organisation)**
## **FOOD FOR THOUGHT DAVENTRY**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024**
## **15 Analysis of net assets between funds**
## **Analysis of net assets between funds - current year**
|**Unrestricted**
**funds**
**2024**
**£**
Tangible fixed assets
14,363
Current assets
159,035
Current liabilities
(78,993)
94,405
Analysis of net assets between funds - prior year
Unrestricted
funds
2023
£
Tangible fixed assets
5,200
Current assets
26,528
Current liabilities
(5,200)
26,528|**Restricted**
**funds**
**2024**
**£**
-
86,147
-
86,147
Restricted
funds
2023
£
-
3,776
-
3,776|**Total**
**funds**
**2024**
**£**
14,363
245,182
(78,993)
180,552
Total
funds
2023
£
5,200
30,305
(5,200)
30,305|
|---|---|---|
23
## **FOOD FOR THOUGHT DAVENTRY (A charitable incorporated organisation)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024**
|**16 Funds**
**Balance at**
**1 August 2023**
**£**
Unrestricted funds
26,529
Restricted funds
3,776
Total Funds
30,305|**Incoming**
**resources**
**£**
150,519
186,787
337,306|**Resources**
**Balance at**
**expended**
**31 July 2024**
**£**
**£**
(82,644)
94,403
(104,414)
86,149
(187,058)
180,552|
|---|---|---|
24