Charity règistration number 1190323 (England and Wales) SALISBURY FOODBANK ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
SALISBURY FOODBANK LEGAL AND ADMINISTRATIVE INFORMATION Trustee5 J Thirkell P Kirnber J Abbott J Gheetham M Neve J Pearce Charity number (England and Wales) 1190323 Pdnclpal address Unit 6b A8hfield Trading Eslale Ashfield Road Salisbury Wi51shire SP2 7HL Independent examiner Moore Isoulhl LLP 33 The Clarendon Cènlre Salisbury Business Park Dairy Meadow Lane Salisbury Wiltshire SP12TJ
SALISBURY FOODBANK CONTENTS Page Trustees, report IndependeTrt examinerfs report Statement of financial activities Balance sheet Notes lo the financial statements 8-14
SALISBURY FOODBANK TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2025 The Iwslees present their annual report and financAal statements for the year ended 31 March 2025. The financial statements have beon prepared in accordance with the accounting policies sèl out in note 1 to the rinan¢ial slalements and comply with the ¢harity's governing document, the Charities Act 2011 and "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to ¢harilies pieparing their accounts in accordan with the Financial Reporting Standard applicable in the UK and Republic of Irèland IFRS 1021" (effective 1 January 20191. Oblectlv•s and actlvltl•s Salisbury Foodbank was formed under the trust constrtulion dated 8 July 2020, and the Tru55ell Trust Transfer Agreement dated 1 November 2020. The objects of the CIO are the relief of those in Salisbury and the surrounding areas who are in red by reason of financial hardship by.. prowding Of arranging for the prowsion of food, toiletries and other essential household it8ms to indiwdu81s and f8milies helping individuals and their families lo access Infomiation and other 8th50ry seNices relevant to their needs and such other means 8$ the trustees may from lime lo lime think fit. The Trustees confirm that Ihey have referred to the charities Commission general guidance on publr benefit when reviewing thè charity's aims and objectives, and in planning future actwitiès. Salisbury Foodbank now operates as an independent charty. having for many years beèn within the direct Tnanagemenl structure of the Trussell Trust. The independent Foodbank remains linked lo the Trust undei a 'Yranchi5e agreement" which gives access to the Trust's expertlse and advice. Achievements and perfonnaneè Slgnifi¢anl aCtVille$ and &Ghffevemenls against objeGtives In 2024125 wè provided 8 lolal of 7103 food parcels lo people in need In the Salisbury area. Of these a consislenl 3801è were children. Glienl numbers are down slightly from thè last two years bul higher than 2021 and previous. and approximatety 1 in 5 clients each month have never visited a foodbank before. Over half of clients helped onty visitèd us once. Stock levels have been maintained via speoal collections, superrnarkel collections and regular donations, however there are significant peaks and troughs in the calendar and sometimes stock nèeds lo be purchased lo ensure that the right mix of essential items is available lo clients throughout the year. This yèar'5 harvest collections aecounled for 6.8 tonnes of stock but purchases needed lo be made ahead of this to rnainlain levè15. 70/0 of all stock was purchased - some of this was funded by Wiltshire council grants and restricted food fund donations. Overall stock donations are down but there is no immediate concern over levels. 200 Chiislmas hampers and 100 Christmas meat and veg boxes were delivered lo clients in December 2024. We have been running with a staff shortagè for some months 8s an administrative Vacancy has taken lirne lo fill. We have also taken on additional responsibilities related to the management of our premise5 as we have taken over the lease where we were previously sub-letting. Staff responsibilities and hours have had lo be rgstruclured and during this lime our staff have shown great resilien and flexibility to Cover the extra workload. We have improved our recognition of donors via the introduction of a CRM system. Our Projert Manager has been running a pilot Cash First project funded from Wllshire CouncAI Houwng Support Fund. This will fully report in the next reporting period bul init181 indications have been very positive with dients helped wilh 5upemiarkel vouchers reporting th81 they have been better able to meet the individual needs of themselves and their children.
SALISBURY FOODBANK TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 re'ilres Over the course of the period most of our cenlres have transitioned from offering pr&packèd boxes to a pantry style off8ring. This offers our visitors the dignity of Choi and helps lo cul the waste of unwanted items. It also has the advantage of 51owing down the pro¢ess allowing for better conversations and signposting lo other supporting organisalions. Our busiest centres are St Pauls and Bemerton Hèalh, both in Salisbury. A number of our more rur81 cenlres are quieter bLrt there is a clear need in these areas that we aim to meet. The client demographics ar6 notably different- larger families in the rural aieas, more single men in the ntre of the city. FoodbJDk Plii We continued to offer this partneiship project with Citizens Advice. All dients wsittng our centres at St Pauls and Amesbvry ale able lo have a face-to-faee meeting with a Citizens Advice advisor who attends these session5. The project was funded by a Trussell Trust grant. The project has reached clients who might otherwise have Struggled to access Citizens Advice. Many ¢lienls arrive with multiple issues and have been helped to claim benefits and other funds. 170 unique clients have been supported in this way over the period of this report. Of these 72. were struggling with long lemi health issues. A project to delivèr p8rce15 of good quality Inol surplus) fruit and vegetables to dienls has been running since September 2022. Wia a contract with a IDcal business, we ean supply one box per month lo clients who are able to ake good use of the contents -the ovetwhelming majority go lo 2-6 people households. This initiative has been positively received within our supportèr community who understand the importanoe of fresh food to physiGal and menlal well-being. Financial review The accounts Iwhich are shown below) covèr the period from 1 April 2024 10 31 March 2025. Our maln fixed costs continue to be staff eosls Ilor the period of these accounts we have ernployed up lo four mérnbers of staff who work alongside our volunteers) and prèmises costs {including rent) foi the warehouse where we store and sort food and prepare food parGels. Together these amounted to over 604A of our total regular oulgoings for the pèriod. Al the end of this reporting period a little over SOA of our finanS were held in restricted funds, designated lor specific projects. Other projècts are planned with thè ability lo scale up or down depending on funds available. Generous legacies received during the period tsf these accounts, together with one or bNo hi91ValUe singlè donations have meant that our income is significantly up against last ye8r. Salisbury Foodbank is able lo make a difference due lo the generosity of local people, who have been generous with both food and cash donations. We are enormously grateful for all our supporters and have robust stock management systems 8rè in place to ensure nothing is wasted. It is thè policy of the oh3rity that unrestricted ftsnds which havè not been designated for a specific use should be maintained al 8 level equivalent lo six-month's expenditure. Thè Iruslees consider that reserves al this level will ensure that, in the event of a significant drop in funding, they will be able lo continue the tharily'5 current activrties whilè consideration 15 given lo ways in which additional funds may be raised. This level of reserves has been rvaint8ined throughout the year.
SALISBURY FOODBANK TRUSTEES, REPORT (CONTINUED} FOR THE YEAR ENDED 31 MARCH 2025 Plans for future periods Understand th• Drlyers behlnd thè need for Foodbanks. We need lo improve our understanding of why peoplè use FoodBanks. Anecdotal evidence suggests il i% more than just the need for food. People also come for advice and hurnan contact. Our FoodBank Centre 'offerings" will continuously evolve lo meet these needs. Venues in area of demand Research suggests there is a need for a FoodBank centre in Tidworth. We will find a suitable venue and open weekly FoodBank. Continue with Financial Inclusion ProjecL We will continue with this project after the initial grant expires, il necessary we will fund this from existing funds. Vve will investigate the feasibility of extending this coverage lo more of our FoodBank Cent5. Contlnue wlth Fresh Fruit & Veg projact Gonlinue lo monitoi demand tiends 3nd dient satisfaction. Publicise succe55 and nurturè opportunities for. further donations. Christmas meat projecL Following the sUe$S of the Christmas 2024 proj8cI we will, funds permitting, repeat the Christmas meal offering with fresh vegetable delivery. Pilot Cash Flrst project The pilot project was very successful. We will explore ways that we can repeal and expand this. Fundraising Process Given the increase in premises costs and the nèéd lo build on the growing number of projects beyond merely giving out food, we will continue to develop our Fundraising PrOsSes. Extra staff resoLsrce5 have been created enabling us to improve our relationship with existing donors, corporate, community groups, ¢hurches and indiwduals and to seek out new donors. Structure, govèmane• and management S81i$bury Foodbank is eonstituted as a CIO whose members are ils Iruslee5. Trusteès meet al regular board meelillg between six and eight lirnes per year and other business is conducted via regular emails and sub- commrttee5. A iobusl sel of poliGies is in place. with individual trustees taking responsibility for all key areas. The Iruslees who s&Ned during the year were.. J Thirkell P Kimber JAbbott P Horwood P King J Gheelham C Haywood M Neve J Pearce (Resigned 10 November 2024) (Rèsigned 20 May 20251 {Resigned 25 May 20251 Recruitment antl appointmènt oftfUStèes We will continue to look to refresh the board of tru51ees by open and transparent wcrurtment of talented individuals who can bring complementary skills to the board.
SALISBURY FOODBANK TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Org8nl$81ion&l slmclu A psid Project Manager supervises three other members of staff ènd 15 responsible lo the board for the delivery of day-to-day operations. We are heavily reliant on more than 90 additional volunteers. report was approved by the Board of Trustee5. P Kimber Trustee Date".
SALISBURY FOODBANK INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SALISBURY FOODBANK I report lo the Iruslees on my exarninalion of the finanaal statements of Salisbury Foodbank Ilhe charilyl for the year ended 31 March 2025. Responsibiltties and basis of report As the trustees of the charity you are responsible for the prepaialion of the financial slalements in accordance with the requirements of the Charities Act 2011. I report in respect of my examination of the charity's financial statements carried out under section 145 of the Charitie5 Act 2011. In carrying out my examination I have followed the Directions gwen by the Charity Commission under section 14515llbl of the Charities Act 2011. Independent examinerfs statem•nt Since the charity's gross incorne exceeded £250,aoo, the independent examiner mu51 be a member of a body listed in section 145 of the Charities Act 2011. 1 confirm that l am qualified to undertake the examination because l am a mernber of the Assooalion of Chartered Certified Accountants, whieh is one ol the listed bodies. Your attention is drawn to the fact that the charity has prepared the financial slalements in accordanee the relevant version of the Statement of Recommended Practice applicable lo charities preparing their financial statements in accordan with the Financial Reporting Standard applicable In the UK and Republic of Ireland IFRS 1021 in preference lo the Accounting and Reporting by Charities.. Staternenl of Recommended Practice is5U8d on 1 April 2005 which is Teferred to in the extant regulations bul has now been w(thdrawn. l understand that this has been done in order for the financial ststemen15 to provide a true and fair wew in accordance with UK Generally Accepted Accounting Practice. I have completed my examination. I confirrn that no mattèrs have come lo my attention in connection with the examination giving me cause lo believe that in any material rèspect.. accounting records were not kept in respect of the charity as required by section 130 of the Charities Act 2011. the financial slalemenls do not accord with those recoTd5', or the finanaal statements do not corrply with the applicable requirements concerning the form aff d conlenl of financial statements Set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial slalemenls give a true and fair view, which is not a maller considered as part of an indèpendent examination. I have no concems and have come across no othèr matters in connection wlth the examination lo which attention should be dr8wn in thi5 report in order to enable a proper understanding of the financial statemènts lo be reached. Moore {Southl LLP 33 The Clarendon Centre Salisbury Business Park Dairy Meadow Lane Salisbury It5hire SP1 2TJ Dat8..
SALISBURY FOODBANK STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unrestrictèd Rfrstricted nds funds 2025 2025 Total Unrestricted Restricted funds funds 2024 2024 Total 2025 2024 Notss Ineomo from= Donations and legacAes Charitable activities Investments 267.066 8.538 1,512 315,333 582.399 8.538 1,512 158.521 297,872 456,393 1,229 1,229 Total in¢ome 277.116 315.333 592,449 159.750 297,872 457,622 Expenditu on: Charitable activities 163.414 274,885 438.299 135,342 340,990 476.332 Totsl expenditure 163,414 274,885 438,299 135.342 340,990 476,332 Net incomellexpendlturèl and movement in fun(Is 113,702 40,448 154,150 24.408 (43,1181 118,710} ReconclliatSon of nd5-. Fund balances al 1 April 2024 248.395 47,548 295.943 223,987 90,666 314,653 Fund balanc•s at 31 Mar¢h 2025 362,097 87,996 450,093 248,395 47,548 295,943 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activi118S.
SALISBURY FOODBANK BALANCE SHEET AS AT31 MARCH 2025 2025 2024 Notès Curront assets Stocks Cash 31 bank and in hand 11 67,146 386.426 29.783 270,118 453,572 299,901 Crèditors: amounts fallin9 due within one year 12 13,4791 13,9581 Net current assets 450,093 295,943 The funds ofthe charity Restricted in¢ome funds Unrestricted funds 13 14 87,996 362,097 47,548 248,395 450,093 295,943 e financial slalements were approved by the trusteès on . P Kimber Trustee
SALISBURY FOODBANK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 A¢¢ounting policies Charity information Salisbury Foodbank is ¢harilable incorporated organi3alion. 1.1 Accounting convention The financial statements have bÈén prepared in a¢cordance with the charity's conslilulion, the Charities Act 2011, FRS 102 "The Financial Reporting Slandard applicable in the UK and Republic of Irèland" l°FRS 102.1 and the Charities SORP Accounting and Reporting by Charities.. Statemènt of Recommended Practice applicable to charib'es preparing their account5 in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021" (effective 1 Jantjary 20191. The charity is a Public Benefrt Entity as defined by FRS 102. The eharity has taken advantage of the provisions in the SORP for Charities not to prepare a statnent of Cash Flows. The financial slalernenls are prepared in sterling, which is the functional Currency of the charity. Monetary amounts in these financikl statements are rounded to the ne8resl £. The financial statements havé been prepared under the historical cost convention, The principal accounting policies adopted are set OLrt below. 1.2 Going concem Al the lime of approving the financAal statements, the trustees have a reasonable expectation that the charity has adequate resources lo continue in opeTalional existenco for the foreseeable futu. Thus the Iwslees continue lo adopt the going concern basis of accounting in preparing the financial statements. 1.3 Charitable funds Unrestricted funds are available for use at thè discretion of the trustèes in furtherance of their charitable objectives. Restricted funds are subject to spe¢ific conditions by donor5 or grantors as to how they may be used. The purposes and uses of the r8Stricted funds are set out in the notes lo the financial statements. 1A Income Income is rècognised when the charity is legally Èntitled lo it after any pèrformance conditions have been mel. the amounts can be measured reliably, and it is probable that income will be received. Cash donations are re¢ognised on receipt. Other donations are recognised once the charity has been notffjied of the donation, unless performance conditions require deferral of the arnounl. Incorne lax recoverable in Telalion lo donations received under GiftAid or deeds of covenant is recognised al thè lime of the donation. Legacies are recognised on receipt or otherwise rf the charily has been notrfied of an impending distribution. the amount is known. and receipt Is expect$d. If the amount is not known, the legacy is treated as a contingent asset.
SALISBURY FOODBANK NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting policiè8 Icontlnued 1.5 Expenditur• Expenditure is recognised once thEre is a legal or constructive obligation lo transfer economic benefit to a third paty, il 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 rnade up of the total of direct costs and shared costs. including support costs involved in undertaking each 8Ctivity. Direct costs altribu13ble lo a single activity are allocated directly to that activity. Shared costs whieh contribute to more than one activity and support costs which are not 31tribulable to a single activity are apportioned betwèen those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent. and depreciation charges are allocated on the portion of the asset's use. 1.6 Stocks Stocks are stated al the lower of cost and estimatèd selling price less costs lo complete and sell. Cost omprises direct materials and. where applicable, direct 18bour costs and those ovèrheads that have been incurred in bringing the stocks to thèir present location and condition. Items held ft>r distribution al no or norrinal consideiation are measured the lower of replacement cost and cost. Net realisable value is the eslimaled sapling price less all eslimaled costs of completion and costs lo be incurrèd in rnaFketing. selling and distribution. 1.7 Cash and cash equivalents Cash and cash equiv31enls include cash in hand, deposits held al call with banks, other 5hort-term liquid investments with original rnalurilies of thrèe months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. Basie finanei31 assefs Basic financial assets. which include debtots and cash and bank balances, are initially measured at transaction pri including Iransaolion costs and aTe subsequently Caed at amortlsed cost Ljsing the effective interest method unless th8 arrangement conslilutes a financing transaction, where the transaction 15 measured at the present value of the future receipts discounted al 8 rllarket rate of interest. Financial assets classified as receivable within one year are not amortised. B35ic finaneial liabilities Basie financial liabilities. including creditors and bank loans aig inilialty recognised at transaction price unless the arrangement con51ilules a financing tiansaction, where the debt instrumènt is measured at the present valuè of thè future payments discounted al a market ratè of interest. Financial liabilthès classified as payable within one year are not amortised. Debt instruments are subsequently carried al 8mortised cost, using the effective interest rale method. Trade creditor5 are obligations to pay for goods or service5 that have been 8cquir6d in the ordinay course of operation5 from suppliers. Amounts payable are ela551fied as current liabilities if payment is duè within one year or less. If not, they are presented as non-cutrenl liabilities. Trade creditors are recognised initially al transaction price and subsequently rlle83ured at amortised cost using the effective interest method. Dèreeognltlon of financial liabilities Financial liabilities are dere¢ognised when the charty's contractual obligations expire or ar8 ¢Jischarged Or cancelled.
SALISBURY FOODBANK NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollcles (Continuèd) 1.8 Employèè bènèfits The cost of any unused holiday entitlement 15 recognised in the period in which the employee's s8tvices are received. Terrninalion benefits are recognised immediately as an expense when the charity is demonstrably Gommitted to terminate the employment of an employee or lo prowde tèrmination benefits. Critical accounting estlmatss and judgements In the application of the charity's accounting policie$, the trustees are required lo make judgements, estimates and assumptions about the carrying amount ol a55ets and liabilities that are not readily 8pparenl from other sources. The estimates and associated assumptions are based on histtsii¢al experience and other factois that are considered to be relevant. Actual results may differ from these estim31es. The estim8tèS and underfying assumptions are reviewed on an ongoing basis. Revisions lo aecounling estimates are recognised in the period in which the estimate is rew5ed where the revision affects only that penod. or in the period of the revision and future periods where the rewsion affects both current and future periods. Income from donations and legaci•s Unrtstricted Restrlctètl fLrnds funds 2025 2025 Total Unrèstricted Rèstrieted funds funds 2024 2024 Total 2025 2024 Donalions and grfts Legaaes Grants Donated goods and services Gift aid 147,802 74,258 16.750 16,481 164.283 74,258 87,574 130,451 7,683 138,134 70,824 15,988 58,223 74.211 228,028 228.028 28,256 231,966 231,966 12.082 28,258 12,082 267.066 315,333 582,399 158,521 297,872 456,393 Income from charitable activitiès Unrestricted funds 2025 Unrestricted funds 2024 Other ineomè- non-trading Other income 8,538 10-
SALISBURY FOODBANK NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Income from investments Unr•strieted Unrestricted funds funds 2025 2024 Interest receivable 1.512 1,229 Expenditure on Charitable activities Unresrlct•d Re5tri¢ted funds funds 2025 2025 Total Unrèsricted Restricted funds funds 2024 2024 Total 2025 2024 Direct ¢osts Staff Costs Office Expenditure Rent Vehicle Expenses Distribution Insurance Telephone & Intemet Repairs Storage & Racking Projects Bank Charges Sundry Expense5 Training & Recruitment Staff Welfare Food Parcels Provided Stock Purchases Other charitable expenditure 74.239 6,552 35,932 6,549 761 1,913 4.489 8.061 1,516 6,065 196 716 469 74,239 6,552 35.932 6,549 761 1,913 4,489 8,061 1,516 50,193 196 716 469 965 190.666 46,984 70.634 5,928 35,533 5,124 2.353 1,146 3.811 2.325 533 2,569 388 1,366 578 1,105 70,634 5.928 35,533 5,124 2,353 1,146 3.811 2.325 533 47.342 388 1.366 578 1,105 255,943 40,274 44,128 44,773 190,666 33,991 255,943 40.274 12,993 6,100 6,100 161,416 274,885 436,301 133,393 340.990 474,383 Sharè of support and governance costs Isee note 7 Govemance 1.998 1.998 1,949 1,949 163.414 274,885 438.299 135.342 340.990 476.332 Analysis by fund Unrestricted funds Restricted funds 163.414 183.414 274,885 135.342 135.342 340,990 274,885 340.990 163,414 274,885 438.299 135.342 340,990 476,332
SALISBURY FOODBANK NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Support costs allocated to activlties Unr•srictsd funds 2025 Total 2024 Govemanco 1,998 1.949 Trustees None of the trustees lor any persons connected with thom} received any remuneration or bÉnefrt5 from the charity during the year. Employees The average monthly number of employees during the year was.. 2025 Number 2024 Number Employment costs 2025 2024 Wages and salaries 74,239 70.634 There were no ernployee5 whose annual remuneration was more than £60,000. 10 Taxation The charity is exempl from laxab'on on its a¢livilies because all ils in¢ome is applied for charitable purposes. 11 Stocks 2025 2024 Finished goods and goods for resale 67.146 29,783 12 Creditors: amounts falling due within on• year 2025 2024 Other taxation and social security Accruals and deferred income 2,058 1.421 1,122 2.836 3,479 3,958 12-
SALISBURY FOODBANK NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 13 Restricted funds The restricted funds of the charity comprise the unexpended balan$ of donations and grants held on trust subject to specific conditions by donors as to how they may be used. At 1 April 2024 Incoming resources Resourees At 31 March expended 2025 Restricted grant Restricted donations Food donations 14,003 3.761 29,784 70,824 16,481 228,028 169,1971 115.0221 1190.6661 15.630 5.220 67,146 47,548 315,333 1274.885} 87,9 Prevlou5 yoar. At 1 April 2023 IncomFng resources R•sources At 31 March 8xpended 2024 Restricted grant Restricted donations Food donations 38.905 58,223 7,683 231.966 {81,1251 13.9221 {255.9431 14,003 3.761 29,784 53,761 90,666 297,872 1340.9901 47.548 Restricted grants have been provided for the charity to provide financial inclusion support and aijvice to the community, the value carried forward will be used lo further this work in the next financial year. Restricted donations have been prowded in tsrder for the charity to purchase f$h fruits and vegetables to indude within the food parcels that are provi(Sed to the comrnunity. Food donations represents the value of stock that was unused at the year end. these are donations that have been provided by the community wa various collection points. 14 Unrestrlcted funds Thè unrestricted funds of thè charity eompri5e the unexpended balance$ of donations and grants which are not subject to speeific condition5 by donors and grantors as to how they may be used. These indude designated lunds which have been Sel aside out ol unrestiicted funds by the IrusteÈ5 lor Specific puiposes. At 1 April 2024 Incoming resources Resources At 31 March expended 2025 General fund5 248.395 277,118 1163,4141 362,097 Previous year.. At 1 Aprtl 2023 Incoming resources Resources At 31 March expendo(1 2024 General funds 223,987 159.750 (135.3421 248,395 13-
SALISBURY FOODBANK NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 15 Analysis of net assots bea•n funds Unrestricted funds 2025 Restrictèd funds 2025 Totsl 2025 At 31 March 2025-. Current assetsllliabilitiesl 362,097 87,996 450,093 362,097 87,996 450.093 Unr•strlcted funds 2024 Restrfcttd funds 2024 Total 2024 At 31 March 2024.. Current as58t511li8bililiesl 248.395 47,548 295,943 248,395 47.548 295.943 16 Related patty transactions There were no disdosable related p8rty transactions during the year12024- none). 14_