BLOXWICH & BLAKENALL FOODBANK
CHARITY NUMBER 1190583
ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021
BLOXWICH & BLAKENALL FOODBANK
ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021
| Contents | Page |
|---|---|
| Trustees Report | 1 |
| Receipts and payment account | 3 |
| Statement of assets and liabilities | 4 |
| Notes to the accounts | 5 |
Bloxwich & Blakenall Foodbank
Trustee’s Report for the year ended 31[st] August 2021
Reference and administrative details of the charity, it’s trustees and advisors
The trustees who held office during the financial year, and up to the date the report was approved were:
Name Position Dates Peter Michael Box Chair Appointed 1[st] September 2020 Carl John Bolton Appointed 1[st] September 2020 Diana Louise Bolton Appointed 1[st] September 2020 Angela Marie Wyre Appointed 1[st] September 2020 Rosaleen Ada Geddes Appointed 1[st] September 2020
Charity Number
The charity was registered with the Charity Commission of England and Wales, number 1190583 on the 28[th] July 2020, and commenced operation on the 1[st] September 2020.
Principal Address Bankers Blakenall Village Centre 181 High Street 79 Thames Road Bloxwich Walsall Walsall WS3 1LZ WS3 3LH
Structure, governance & management
The charity is a Charitable Incorporated Organisation (CIO) formed on 28[th] July 2020 and governed by a foundation constitution adopted on 28[th] July 2020.
Independent Examination of the financial statements
Because the turnover of the charity is under the £25,000 gross income threshold.
Method of recruitment and appointment of trustees
The trustees of the charity are appointed by the members of the AGM.
Objectives and activities
The charity’s objects
The prevention or relief of poverty in Bloxwich and surrounding area in particular but not exclusively by providing emergency food supplies to individuals in need and other similar charities.
The charity’s main activities
Operating a food bank providing emergency food aid to people resident in the greater Bloxwich area, within the local authority area of Walsall, including but not limited to Bloxwich, Blakenall, Coalpool, Mossley, Dudley Fields. The food bank operates within the Trussell Trust
Public benefit statement
In setting our objectives and planning our activities our Trustees have given serious consideration to the Charity Commission’s general guidance on public benefit and in particular alleviating the effects of food poverty in our local area.
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Bloxwich & Blakenall Foodbank
Trustee’s Report (continued) for the year ended 31[st] August 2021
Objectives and activities (continued)
Achievements and performance
Provision of food parcels to many hundreds of people in need, including single people, couples and families with children. Food parcels include food for 3 meals a day for all members of the household for 3 days, plus toiletries, household cleaning items and cat and dog food as requested. Occasional provision of cooking utensils and other small household items as requested.
Providing volunteering opportunities for local people, with around 10 -15 people a week typically volunteering at least 2 hours each, sometimes significantly more.
Adapting a Covid safe collection service to delivery because of the pandemic, maintaining a steady stream of volunteers through regularly changing circumstances, including in particular responding to the needs of clients during the Covid-19 crisis. Bringing in food and cash donations and keeping the service running efficiently.
Developing relationships with the council, its agencies and other food and service providers.
Financial Review
Bloxwich and Blakenall Foodbank was originally formed as part of the local Methodist church community as an ecumenical initiative, eventually registering as an independent charity in July 2020. All store room and other equipment and bank balances were donated at the point of incorporation to the new charity in order for it to continue the important work that it does. This donation amounted to £4,322. In addition, was 5,228kg of food bank stocks, which if valued at the recommended rate by the Trussell Trust would be valued at £8,783. Net surplus for the year was £7,009, which was largely as a result of this non recurring donation. All income and expenditure is treated as unrestricted funds. There were no restrictions on any donations in the year.
The food bank has been impacted significantly due to the pandemic, particularly on its daily operations. However donations of food items have managed to meet demand, due to donations from local supermarkets and individual donors. Demand for assistance has been higher than normal.
Going concern
The trustees have assessed the charity’s ability to continue for at least 12 months from the date the accounts were approved and conclude that no material uncertainties exist that cast doubt on the charity’s ability to meet its liabilities as they fall due.
Reserves policy
Free reserves excluding fixed assets for the year ended 31[st] August 2021 was £5,096. There is currently no formal reserves policy.
Signed on behalf of the board of trustees on 4[th] April 2022.
P M Box Chair
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Bloxwich & Blakenall Foodbank
| Receipts and payments account for the year ended 31 August 2021 Note Receipts Grants and donations 2 Investment income Total receipts Expenditure Food and consumables stock Insurance Contribution to Business rates Bank charges Depreciation Total expenditure Operating surplus Funds carried forward |
2020 £ 7,931 17 |
|
|---|---|---|
| 7,949 | ||
| 293 597 49 1 638 |
||
| 1,577 | ||
| 6,372 | ||
| 6,372 | ||
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Bloxwich & Blakenall Foodbank
| Statement of assets and liabilities for the year ended 31 August 2021 Note 2020 £ Fixed Assets Donated assets 2 1,275 Cash Funds Cash at Bank 5,096 Total assets 6,372 |
Statement of assets and liabilities for the year ended 31 August 2021 Note 2020 £ Fixed Assets Donated assets 2 1,275 Cash Funds Cash at Bank 5,096 Total assets 6,372 |
Statement of assets and liabilities for the year ended 31 August 2021 Note 2020 £ Fixed Assets Donated assets 2 1,275 Cash Funds Cash at Bank 5,096 Total assets 6,372 |
|---|---|---|
| Statement of assets and liabilities for the year ended 31 August 2021 Note Fixed Assets Donated assets 2 Cash Funds Cash at Bank Total assets |
2020 £ 1,275 5,096 |
|
| 6,372 |
There were no liabilities at the 31[st] August 2021. Total stocks held as at 31[st] August 2021 for redistribution were 9,369kg, which if valued at the rate recommended by the Trussell Trust amounts to £15,740.
Approval of the accounts
The financial statements of the Bloxwich and Blakenall Food Bank were approved on 4[th] April 2022.
P M Box Chair
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Bloxwich & Blakenall Food Bank
Notes to the accounts
For the year ended 31 August 2021
1 Accounting policies
Basis of accounting
The trustees have taken advantage of section 133 of the Charities Act 2011 and have prepared the accounts on a receipts and payments basis.
Taxation
As a charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal. There were no restricted funds in 2021.
2 Grants and donations
| Donations from Trussell Trust Donations from individuals & other organisations Donations of assets (FA/bank. Opening stock etc) Total donations and grants received |
£ 1,066 2,544 4,322 |
|---|---|
| 7,931 |
4 Related party transactions
Trustee expenses
No trustee received any expenses during this year or the previous year.
Trustee remuneration and benefits
No trustee received any remuneration or benefit during this or the previous year.
Other related party transactions
There were no other related party transactions in the year.
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