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2022-08-31-accounts

Zoho Sign Document ID: 4AC539800-N6TG4XRZWWWHIHKXETHBE1WLYQC789KRZL3TLPLI5IY

CHARITY REGISTRATION NUMBER: 1188192

GIVE FOOD

Unaudited Financial Statements

31 August 2022

NUMBERGEEK LIMITED

Chartered accountants 85 Great Portland Street First Floor London W1W 7LT

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GIVE FOOD

Financial Statements

Year ended 31 August 2022

Page
Trustees' annual report 1
Independent examiner's report to the trustees 6
Statement of financial activities 7
Statement of financial position 8
Notes to the financial statements 9
The following pages do not form part of the financial statements
Detailed statement of financial activities 15
Notes to the detailed statement of financial activities 16

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GIVE FOOD

Trustees' Annual Report

Year ended 31 August 2022

The trustees present their report and the unaudited financial statements of the charity for the year ended 31 August 2022.

Reference and administrative details

Registered charity name GIVE FOOD Charity registration number 1188192 Principal office 85 GREAT PORTLAND STREET LONDON W1W 7LT The trustees Mr. J Cartwright Ms. A Cartwright Mr. L Guttridge Independent examiner NUMBERGEEK LIMITED 85 Great Portland Street First Floor London W1W 7LT

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GIVE FOOD

Trustees' Annual Report (continued)

Year ended 31 August 2022

Structure, governance and management

Governing document

GIVE FOOD (“the Charity”) is constituted as a charitable incorporated organisation and is therefore governed by its constitution. The members of the CIO shall be its Charity trustees for the time being. The only persons eligible to be members of the CIO are its Charity trustees. Membership of the CIO cannot be transferred to anyone else. Any member and Charity trustee who ceases to be a Charity trustee automatically ceases to be a member of the CIO. Eligibility for membership of the Charity and membership of the board of trustees is governed by the Charity’s constitution.

Recruitment and appointment of new trustees

Trustees are appointed according to their relevant skills, knowledge, experience and based on the current operational climate and needs. Quality, characteristics and qualifications are essential when selecting members of the board of the trustees.

Organisational structure

At the initial stage, the trustees manage all aspects of the work including fundraising, finance and general management.

Induction and training of trustees

All the trustees are introduced to their new role upon their appointment. A copy of the governing document, policies and procedures are also provided. This also includes an explanation of the function of the board of trustees. Besides this, all trustees are recommended to take part in different structured training courses.

Risk management

The Trustees have examined the major strategic, business and operational risks which the Charity faces and confirm that systems have been established to enable regular reports to be produced so that the necessary steps can be taken to lessen these risks.

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GIVE FOOD

Trustees' Annual Report (continued)

Year ended 31 August 2022

Objectives and activities

Objectives and aims

The objective of the CIO is to support food banks around the country. This is done by using technology to identify what is needed at food banks, distributing this information and also making its own deliveries.

Significant activities

During the year, around 4 million people viewed the Charity’s food bank need data.

The Charity's data was used as part of studies of food poverty by multiple universities, political parties and by the NHS.

The Charity built a tool that allows users to write an email to their MP describing food poverty in their constituency.

The Charity made 7.6 tonnes of their own deliveries, containing around 17,000 items and 5.5m calories. Half of this was done in November and December.

The Charity continues to maintain the UK's largest and most complete database of food banks covering 2,620 locations (up from 2,422 last year, and 2,329 in 2020).

The Charity’s software checked food bank websites for what they needed around three million times in 2022, and found around 47,000 items requested. The Charity’s API responded to around five million requests for data in 2022.

The Charity’s email subscription tool now sends thousands of emails a month to people who want updates on what their local food bank needs.

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GIVE FOOD

Trustees' Annual Report (continued)

Year ended 31 August 2022

Achievements and performance

Create a tool to allow users to better contact their local and national political representatives about the food bank cause

The Charity built and deployed a tool to allow constituents to find out what food banks exist in their constituency, who the member of parliament representing them is and then customise a personalised letter to send via email.

Built with help from employees of MPs and feedback from users, the Charity repeatedly tweaked the letter template to reflect circumstances that affect food banks, the political climate and constituent views.

Monitor food bank surplus as well as need

The Charity now monitors the excess at food banks along with the items they are looking to have donated. This information is distributed on the Charity’s website, via their API and also on email updates.

Faster complete data audits throughout the year

The Charity spent around twice as long this year auditing our data - a part time person is now dedicated to this task.

Continue to publish dashboards & data

The Charity published a few new dashboards this year:

Financial review

Principle funding sources

During the year, the Charity received unrestricted income of £8,783. Majority of the funds were used to purchase food to be distributed to volunteers at the food banks.

The organisation has guaranteed income, by the way of the donations of the trustees.

Reserves policy

For the reporting period, the Charity did not open any lines of credit and the majority of expenditure was funded by one of the Trustees, Jason Cartwright. Consequently, for the reporting period in question there was only a nominal requirement to hold reserves.

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Trustees' Annual Report (continued)

Year ended 31 August 2022

23/06/2023 The trustees' annual report was approved on .............................. and signed on behalf of the board of trustees by:

Mr. J Cartwright Trustee

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GIVE FOOD

Independent Examiner's Report to the Trustees of GIVE FOOD

Year ended 31 August 2022

I report to the trustees on my examination of the financial statements of GIVE FOOD ('the charity') for the year ended 31 August 2022.

Responsibilities and basis of report

As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or

  2. the financial statements do not accord with those records; or

  3. the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.

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.

26/06/2023

NUMBERGEEK LIMITED Independent Examiner

85 Great Portland Street First Floor London W1W 7LT

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GIVE FOOD

Statement of Financial Activities

Year ended 31 August 2022

2022 2022 2021
Unrestricted
funds Total funds Total funds
Note £ £ £
Income and endowments
Donations and legacies 4 8,783 8,783 38,425
ৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ
Total income 8,783 8,783 38,425
৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶
Expenditure
Expenditure on charitable activities 5,6 11,035 11,035 28,115
ৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ
Total expenditure 11,035 11,035 28,115
৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶
ৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ
Net (expenditure)/income and net movement in funds (2,252) (2,252) 10,310
৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶
Reconciliation of funds
Total funds brought forward 10,310 10,310
ৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ
Total funds carried forward 8,058 8,058 10,310
৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

The notes on pages 9 to 13 form part of these financial statements.

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Statement of Financial Position

31 August 2022

2022 2021
Note £ £
Current assets
Debtors 10 1,350
Cash at bank and in hand 7,180 10,460
ৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ
8,530 10,460
Creditors: amounts falling due within one year 11 472 150
ৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ
Net current assets 8,058 10,310
ৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ
Total assets less current liabilities 8,058 10,310
৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶
Funds of the charity
Unrestricted funds 8,058 10,310
ৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ
Total charity funds 12 8,058
৶৶৶৶৶৶৶
10,310
৶৶৶৶৶৶৶৶

These financial statements were approved by the board of trustees and authorised for issue on ........................, and are signed on behalf of the board by:23/06/2023

Mr. J Cartwright Trustee

The notes on pages 9 to 13 form part of these financial statements.

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GIVE FOOD

Notes to the Financial Statements

Year ended 31 August 2022

1. General information

The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is 85 GREAT PORTLAND STREET, LONDON, W1W 7LT.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Charities Act 2011.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

There are no material uncertainties about the charity's ability to continue.

Judgements and key sources of estimation uncertainty

Trustee remuneration:

There were no trustees' remuneration or other benefits for the period ended 31 August 2022 (NIL - 2021).

Trustees' expenses

There were no trustees' expenses paid for the period ended 31 August 2022 (NIL - 2021).

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.

Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.

Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.

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GIVE FOOD

Notes to the Financial Statements (continued)

Year ended 31 August 2022

3. Accounting policies (continued)

Incoming resources

All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:

Resources expended

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:

All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.

Financial instruments

A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs.

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GIVE FOOD

Notes to the Financial Statements (continued)

Year ended 31 August 2022

3. Accounting policies (continued)

Financial instruments (continued)

Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted.

Debt instruments are subsequently measured at amortised cost.

Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment.

Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised.

For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.

Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

4. Donations and legacies

Unrestricted Total Funds Unrestricted Total Funds
Funds 2022 Funds 2021
£ £ £ £
Donations
Donations 8,783 8,783 38,425 38,425
৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶
Expenditure on charitable activities by fund type
Unrestricted Total Funds Unrestricted Total Funds
Funds 2022 Funds 2021
£ £ £ £
Food bank deliveries 9,143 9,143 25,375 25,375
Support costs 1,892 1,892 2,740 2,740
ৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ
11,035 11,035 28,115 28,115
৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶

5. Expenditure on charitable activities by fund type

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GIVE FOOD

Notes to the Financial Statements (continued)

Year ended 31 August 2022

6. Expenditure on charitable activities by activity type

Activities
undertaken Total funds Total fund
directly Support costs 2022 2021
£ £ £ £
Food bank deliveries 9,143 9,143 25,375
Governance costs 1,892 1,892 2,740
ৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ
9,143 1,892 11,035 28,115
৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶

7. Independent examination fees

2022 2021
£ £
Fees payable to the independent examiner for:
Independent examination of the financial statements 1,800 2,700
৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶

8. Staff costs

The average head count of employees during the year was Nil (2021: Nil).

No employee received employee benefits of more than £60,000 during the year (2021: Nil).

9. Trustee remuneration and expenses

There were no trustees' remuneration or other benefits for the year ended 31 August 2021.

10. Debtors

2022 2021
£ £
Trade debtors 1,350
৶৶৶৶৶৶৶ ৶৶৶৶
11. Creditors: amounts falling due within one year
2022 2021
£ £
Trade creditors 472 150
৶৶৶৶ ৶৶৶৶

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Notes to the Financial Statements (continued)

Year ended 31 August 2022

12. Analysis of charitable funds

Unrestricted funds

Unrestricted funds
At At
1 September 31 August 20
2021 Income Expenditure 22
£ £ £ £
General funds 10,310 8,783 (11,035) 8,058
৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶
At At
1 September 31 August 20
2020 Income Expenditure 21
£ £ £ £
General funds 38,425 (28,115) 10,310
৶৶৶৶ ৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶
Analysis of net assets between funds
Unrestricted Total Funds
Funds 2022
£ £
Current assets 8,530 8,530
Creditors less than 1 year (472) (472)
ৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄ
Net assets 8,058 8,058
৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶
Unrestricted Total Funds
Funds 2021
£ £
Current assets 10,460 10,460
Creditors less than 1 year (150) (150)
ৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ
Net assets 10,310 10,310
৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶

13. Analysis of net assets between funds

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Management Information

Year ended 31 August 2022

The following pages do not form part of the financial statements.

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Detailed Statement of Financial Activities

Year ended 31 August 2022

2022 2021
£ £
Income and endowments
Donations and legacies
Donations 8,783 38,425
ৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ
ৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ
Total income 8,783 38,425
৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶
Expenditure
Expenditure on charitable activities
Purchases 9,143 25,375
Legal and professional fees 1,800 2,700
Other interest payable and similar charges 92 40
ৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ
11,035 28,115
ৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ
ৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ
Total expenditure 11,035 28,115
৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶
ৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ
Net (expenditure)/income (2,252) 10,310
৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶

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Notes to the Detailed Statement of Financial Activities

Year ended 31 August 2022

2022 2021
£ £
Expenditure on charitable activities
Food bank deliveries
Activities undertaken directly
Food bank deliveries 9,143 25,375
ৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ
Governance costs
Governance costs - accountancy fees 1,800 2,700
Governance costs - other finance costs 92 40
ৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄ
1,892 2,740
ৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄ
ৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ
Expenditure on charitable activities 11,035 28,115
৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶

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