Charity registration number 1190517
BLACKBURN FOODBANK
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2022
PM+M Solutions for Business LLP Chartered Accountants New Century House Greenbank Technology Park Challenge Way Blackburn Lancashire BB1 5QB
BLACKBURN FOODBANK
LEGAL AND ADMINISTRATIVE INFORMATION
| Trustees | S P Adnitt | |
|---|---|---|
| L Shore | ||
| N J Wilkinson | ||
| M Blackshaw | ||
| J A Floyd | ||
| M Calow | (Appointed 10 March 2022) | |
| B K Lewis | (Appointed 9 January 2023) | |
| R N Roberts | (Appointed 9 January 2023) | |
| Charity number | 1190517 | |
| Principal address | The Oaks | |
| Oakenhurst Road | ||
| Blackburn | ||
| BB2 1SN | ||
| Independent examiner | PM+M Solutions for Business LLP | |
| New Century House | ||
| Greenbank Technology Park | ||
| Challenge Way | ||
| Blackburn | ||
| Lancashire | ||
| BB1 5QB |
BLACKBURN FOODBANK
CONTENTS
| Page | |
|---|---|
| Trustees' report | 1 - 3 |
| Independent examiner's report | 4 |
| Statement of financial activities | 5 |
| Balance sheet | 6 |
| Notes to the financial statements | 7 - 12 |
BLACKBURN FOODBANK
TRUSTEES' REPORT
FOR THE YEAR ENDED 30 APRIL 2022
The trustees present their annual report and financial statements for the year ended 30 April 2022.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Charities Act 2011 and "Accounting and Reporting by Charities: 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)" (effective 1 January 2019).
Objectives and activities
The objects of the charity are to relieve persons in Blackburn with Darwen who are in a condition of need, hardship or distress (‘beneficiaries’) in such ways as the trustees from time to time think fit, in particular but not exclusively by:
a) supplying boxes to beneficiaries which contain tinned and dried goods to ensure a healthy, balanced and nutritious diet sufficient for up to three days, and,
b) such other means, including (but not limited to) the provision of support and advisory services.
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
Achievements and performance
Blackburn Foodbank has continued to uphold its direct service to the people in Blackburn with Darwen who require food support or money advice.
The aftermath of the COVID-19 pandemic restrictions is now truly being felt with the inflationary crisis affecting all our residents, particularly those who have no financial or emotional buffer. We are a constant; offering a service and treating all people with dignity and respect.
We have received grant funding and donations to enable expansion of our staff team to include a volunteer coordinator, communications officer and additional money advice advisers. These roles have the mission to end the need for foodbanks. Our 45-strong volunteer team is back to full strength with amazing commitment shown by all, and care and compassion evident when talking to clients on the phone or in person at the foodbank. We have had a whole variety of support from different businesses with many encouraging their staff to volunteer at the foodbank as part of their Corporate Social Responsibility.
The outreach community work undertaken by our Money Advice Service is excellent with all centres staffed and our advice team spread appropriately across Blackburn with Darwen, minimising travel or increasing accessibility for our clients.
To meet the 43% rising demand, we are open five days a week for debt and welfare advice and three days for food support. We have been able to open our doors to clients for receipt of parcels but given the 43% increase in demand have been unable to reopen the café.
During the year Blackburn Foodbank provided assistance to the people of Blackburn with Darwen in the following areas:
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17,795 individual 3-day food parcels - representing 160,155 meals to 9,718 adults and 8,077 children
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Food received in excess of 150,000 kg - an increase of 137% in purchased food and decrease in donations by 21%
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Money Advice Service managed in excess of £1,460,000 debt and maximised income for 278 clients, including 98 families with children
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BLACKBURN FOODBANK
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2022
Financial review
Net incoming resources for the year were £173,936. Total fund balances at 30 April 2022 were £518,643, of which £170,469 were restricted.
The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure.
Structure, governance and management
Blackburn Foodbank is a charitable incorporated organisation established under a constitution which outlines the objects, powers and other guidance adopted. The charity trustees shall manage the affairs of the charity and may for that purpose exercise all the powers of the charity.
Every charity trustee must be a natural person and not under the age of sixteen. At least one of the trustees of the charity must be eighteen years of age or over. There must be at least three charity trustees. Apart from the first charity trustees, every trustee must be appointed for a term of one year by a resolution passed at a properly convened meeting of the charity trustees. In selecting individuals for appointment as charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the charity.
The trustees who served during the year and up to the date of signature of the financial statements were:
S P Adnitt L Shore N J Wilkinson M Blackshaw J A Floyd M Calow (Appointed 10 March 2022) B K Lewis (Appointed 9 January 2023) R N Roberts (Appointed 9 January 2023)
None of the trustees has any beneficial interest in the charity.
The charity is a member of the Trussell Trust network of foodbanks. Policies and procedures adopted by the charity are mainly based on those of the Trust.
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BLACKBURN FOODBANK
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2022
Statement of trustees' responsibilities
The trustees 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).
The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that year.
In preparing these financial statements, the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees' report was approved by the Board of Trustees.
Neville John Wilkinson
L Shore Trustee
N J Wilkinson Trustee
28 February 2023
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BLACKBURN FOODBANK
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BLACKBURN FOODBANK
I report to the trustees on my examination of the financial statements of Blackburn Foodbank (the charity) for the year ended 30 April 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 2011 Act).
I report in respect of my examination of the charity’s financial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales (ICAEW), which is one of the listed bodies.
Your attention is drawn to the fact that the charity has prepared financial statements in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn.
I understand that this has been done in order for financial statements to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
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 that in any material respect:
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1 accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or
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2 the financial statements do not accord with those records; or
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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 financial statements to be reached.
Ceri Dixon BSc ACA
For and on behalf of PM+M Solutions for Business LLP
New Century House Greenbank Technology Park Challenge Way Blackburn Lancashire BB1 5QB
Dated: 28 February 2023
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BLACKBURN FOODBANK
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 APRIL 2022
| Unrestricted Restricted funds funds 2022 2022 Notes £ £ Income from: Donations and legacies 3 392,950 305,115 Expenditure on: Charitable activities 4 288,575 235,554 Net incoming resources before transfers 104,375 69,561 Gross transfers between funds 1,458 (1,458) Net income for the year/ Net incoming resources 105,833 68,103 Other recognised gains and losses Other gains or losses 8 242,341 102,366 Net movement in funds 348,174 170,469 Fund balances at 1 May 2021 - - Fund balances at 30 April 2022 348,174 170,469 |
Total 2022 £ 698,065 524,129 173,936 - 173,936 344,707 518,643 - 518,643 |
Total 2021 £ - |
|---|---|---|
| - | ||
| - - |
||
| - - |
||
| - - |
||
| - |
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
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BLACKBURN FOODBANK
BALANCE SHEET
AS AT 30 APRIL 2022
| Notes Current assets Stocks 9 Debtors 10 Cash at bank and in hand Creditors: amounts falling due within one year 11 Net current assets Income funds Restricted funds 12 Unrestricted funds |
2022 £ 33,307 16,936 475,733 525,976 (7,333) |
£ 518,643 170,469 348,174 518,643 |
2021 £ - - - - - |
£ - |
|---|---|---|---|---|
| - - |
||||
| - |
The financial statements were approved by the Trustees on 28 February 2023
Neville John Wilkinson
L Shore N J Wilkinson Trustee Trustee
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BLACKBURN FOODBANK
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2022
1 Accounting policies
Charity information
Blackburn Foodbank is a charitable incorporated organisation registered at the Charity Commission for England and Wales.
1.1 Accounting convention
The financial statements have been prepared in accordance with the charity's governing document, the Charities Act 2011, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "Accounting and Reporting by Charities: 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)" (effective 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.
The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2 Going concern
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
1.4 Income
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
1.5 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.
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BLACKBURN FOODBANK
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2022
1 Accounting policies
(Continued)
1.6 Stocks
Stocks is valued at an amount per kilogram as recommended by The Trussell Trust. Food donations received have no cost or net realisable value as they will be donated without consideration.
1.7 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
1.8 Financial instruments
The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.
1.9 Retirement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
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BLACKBURN FOODBANK
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2022
2 Critical accounting estimates and judgements
In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
3 Donations and legacies
| Unrestricted Restricted funds funds 2022 2022 £ £ Donations and gifts 138,079 - Grants 36,000 305,115 Donated goods and services 218,871 - 392,950 305,115 |
Total 2022 £ 138,079 341,115 218,871 698,065 |
Total 2021 £ - - - |
|---|---|---|
| - |
4 Charitable activities
| Staff costs Charitable activities Value of donated food Analysis by fund Unrestricted funds Restricted funds |
2022 £ 171,339 155,011 197,779 524,129 524,129 288,575 235,554 524,129 |
£ - - - |
|---|---|---|
| - | ||
| - | ||
| - - |
||
| - |
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BLACKBURN FOODBANK
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2022
5 Support costs
| Charitable activities | Support costs Governance costs £ £ 229,611 2,350 229,611 2,350 |
2022 £ 231,961 |
|---|---|---|
| 231,961 |
Governance costs includes payments to the independent examiners of £2,000 (2021- £nil) for independent examination fees.
6 Trustees
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.
7 Employees
The average monthly number of employees during the year was:
| Employment costs Wages and salaries Social security costs Pension costs |
2022 Number 12 2022 £ 157,896 4,717 8,726 171,339 |
2021 Number - |
|---|---|---|
| 2021 £ - - - |
||
| - |
There were no employees whose annual remuneration was more than £60,000.
8 Other gains or losses
| Other gains or losses | ||||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |
| funds | funds | |||
| 2022 | 2022 | 2022 | 2021 | |
| £ | £ | £ | £ | |
| Transfer of funds from charity entity | 242,341 | 102,366 | 344,707 | - |
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BLACKBURN FOODBANK
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2022
| 9 Stocks Food for donations out 10 Debtors Amounts falling due within one year: Trade debtors Prepayments and accrued income 11 Creditors: amounts falling due within one year Trade creditors Accruals and deferred income |
2022 £ 33,307 2022 £ 2,200 14,736 16,936 2022 £ 3,713 3,620 7,333 |
2021 £ - |
|---|---|---|
| 2021 £ - - |
||
| - | ||
| 2021 £ - - |
||
| - |
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BLACKBURN FOODBANK
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2022
12 Restricted funds
The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes:
| Balance at 1 May 2021 r £ Aldi - Blackburn with Darwen Borough Council - Brian Mercer Trust - Charities Aid Foundation - Community Foundation For Lancashire - Co-op - Food Warehouse - Hamilton's Fruit & Veg - J & E Coar - Martin Lewis - National Lottery - Singletons Dairy - Tesco - Trussell Trust - United Utilities - - |
Movement in funds Incoming esources Resources expended £ £ - (381) 107,000 (62,913) - (7,955) - (3,804) - - 246 - - (24,729) - (1,589) - (1,369) - (1,346) 103,603 (55,957) - (2,222) - - 72,166 (50,618) 22,100 (24,129) 305,115 (237,012) |
Transfers Balance at 30 April 2022 £ £ 381 - 30,007 74,094 7,955 - 3,804 - 31 31 - 246 28,000 3,271 1,589 - 1,369 - 5,098 3,752 113 47,759 2,222 - 11 11 24,253 45,801 (2,467) (4,496) 102,366 170,469 |
Transfers Balance at 30 April 2022 £ £ 381 - 30,007 74,094 7,955 - 3,804 - 31 31 - 246 28,000 3,271 1,589 - 1,369 - 5,098 3,752 113 47,759 2,222 - 11 11 24,253 45,801 (2,467) (4,496) 102,366 170,469 |
|---|---|---|---|
| 170,469 |
| 13 Analysis of net assets between funds Unrestricted funds Restricted funds 2022 2022 £ £ Fund balances at 30 April 2022 are represented by: Current assets/(liabilities) 348,174 170,469 348,174 170,469 |
Total 2022 £ 518,643 518,643 |
Total 2021 £ - |
|---|---|---|
| - |
14 Related party transactions
There were no disclosable related party transactions during the year (2021 - none).
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