2023-03-31-accounts

			SORP reference
Summary	ofthe purposes of		Para 1.17	The prevention or relief ofpoverty in Coventry
the charity as set out		in its		by providing: items	and services to individuals	in
governing	document			need and/or charities, or other organisations
				working to prevent	or relieve poverty. The relief
				offinancial hardship	among people living or
				working in Coventry	by providing such persons
				with goods orservices which they could not
				otherwise afford through lack ofmeans.
Summary activities	ofthe main in relation to those		Para 1.17and 1.19	The main activities Providing affordable	are as follows: food and household
purposes	for the public			supplies in the form	ofa weekly food bag.
benefit, in particular,		the
activities,	projects or	services
identified	in the accounts.
Statement	confirming		Para 1.18	In planning our activities for the year and the
whether the trustees		have		future we kept in mind the Charity Commission's
had regard tothe guidance				guidance on public	benefit at our trustee
issued by	the Charity			meetings
Commission on public
benefit

You ma	ch	oose t	o include f	urther statements	where re	levant abo	ut:
				SORP reference
				Para 1.38
Policy on	grant making
				Para 1.38
Policy on	social investment
induding	program		related
investment
					We are	grateful forthe many			hours volunteers,
				Para 1.38	including	member	volunteers,		have put into
Contribution		made	by		making	the food bags,		deliveding		and actively
volunteers					sourcing	donations	in	their own communities.
					Without	this valuable		contribution		oftime,

Achiev	ements and Pe	rformance
		SORP rafwanca
			In the time period from April 2022- March
			2023,we delivered 3,277food bags which is an
Summary ofthe main achievements ofthe charity, identifying the difference the charity's work has made to the circumstances ofits beneficiaries and any wider benefits to society as a whole.		Para 120	increase of26.62%.The total number ofpeople helped increased by 36%to8364people and saving each household, on average f30in their weekly budget to help with other essential costs. Alongside our main activity of providing affordable food bags, this year we also worked with Coventry City Council to deliver the emergency food supplies element ofthe
			Household Support Fund.
			The wider benefit ofthe charity tothe society is
			that it is run with the support ofvolunteers who
			are generous with their time, but this in itself
			has also helped many to find their place in the
			community and feel valued for the voluntary
			work they are doing to support others in the
			local area.

Other

Financial Review	Financial Review	Financial Review	Financial Review	Financial Review	Financial Review
Review ofthe charity's							Para 1.21	The trustees are content with the current
financial position at the end								financial position at the end ofthe pediod, but
ofthe period								given the growing number ofemergency
								Household Support Fund bags we are providing
								for Coventry City Council and now the frequency
								ofpayments, we have decided to make sure	the
								funds are spent more regularly to replenish the
								shelves. Asthe emergency food bag funding	is in
								arrears, we have raised a concern with the
								Coventry Food Network that the onus is being
								put on hubs to provide the food before receiving
								the funding. We are fortunate to be able to fulfil
								these atthe current levels and have enough	ofa
								buffer in our financial operations to ensure we
								continue supplying these for as long as the
								Council requires us to.
Statement		explaining			the		Para 1.22	The main financial risk tothe charity is loss of
policy for	holding reserves							funding from the Council and reduced food
stating why		they are			held			donations which would lead us to need to
								purchase more. The funds are held to cover3-S
								months operational costs in the event ofa loss
								ofincome and to meet any unforeseen
								expenditure that may occur. The charity is
								fortunate to be able to purchase fresh food at a
								discounted price via Fareshare; also donations of
								fresh meat via Aubrey Allen butchers are a
								massive contribution. Were these no longer
								possible, the charity would need to purchase
								fresh and meat items at full cost or retail price,
Amount of		reserves			held		Para 1.22
Reasons for holding					zero		Para 1.22	Not applicable
reserves
Details of	fund materially					in	Para 1.24	Not applicable
degdt
Explanation			ofany				Para 1.23
uncertainties			about		the
charity continuing				asa going
concern
Additional			information			(optional)
You ma	choose to				include further statements			where relevant about:
								The charity receives a couple ofregular
								donations from supporters in the local
The charity's principal sources offunds (including							Para 1.47	community —the rest ofthe funds are raised from grant funding which helps to support the
any fundraising)								running costs. Regular coordinated food
								donation appeals thoughout the year help to
								keep the costs ofpurchasing food down to a
								minimum
Investment objectives		policy and induding any					Para 1.46
social investment				policy
ado ted

Description ofcharity's
trusts:
Type of governing document
How is the charity	Para 1.25	cio
constituted?
Trustee selection methods	Para 1.25
including details ofany
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees

Policies adopted	and procedures for the induction	and procedures for the induction	and	Para 1.51
training	oftrustees
					The trustees delegate		the day-to-day running of
					the charity tothe	Coordinator. The trustees'
The charity's structure and		organisational any wider		Para 1.51	main contribution isat a strategic level and they retain overall responsibility for the charity's
network	with	which the			governing document.		They also retain
charity works					responsibility for	the	budgets and reserve policy.
Relationship		with any related		Para 1.51
parties
Other

Charity name		Cheylesmore	Food Hub
Other name the chari uses
Registered charity	number	1191488
Charity's principal	address

mes	ofthe charity trus	tees who manage	the charity
	Trustee name	ONce (lfany)	Dates acted ifnot forwhole ear	Name toa	ofperson (orbody) entitled int trustee ifan
1	Caroline Sinclair
2	Joseph Jamieson
3	Judi Garland
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20

Funds held as custodian trustees on behalf ofothers	Funds held as custodian trustees on behalf ofothers	Funds held as custodian trustees on behalf ofothers
Description ofthe assets		na
held in this capacity
Name and objects ofthe		na
charity on whose behalf	the
assets are held and how	this
falls within the custodian
charity's objects
Details ofarrangements	for	na
safe custody and
segregation ofsuch assets
from the charity's own assets

			Cheylesmore	Food Hub
		STATEMENT OF ASSETSAND LIABILITIES
			As at 31"March 2023
				2023		2022
Cash Funds
Cash at Bank				55,208		20,628
Cash value of	reloadable	cards			442
Assets retained for the		charity's	own use
Fixed Assets					170
Total Net Assets/(Liabilities)
Funds ofthe	charity
Unrestricted	funds			55,820		20,968
Total Charity	Funds			55	2
The financialstatements		were approved by the meeting ofTrustees on

Independent Examlners Reporton paqes 51pa8e

	1"April 2022	-31"March 2023
		2023	2022
Donations		6,727	1,145
Grants		59,514	15,830
Interest		60
Member Fees		14,821	9,970
Total Incoming	Resources	81,122	26,945
Charitable Activities		2023	2022
Food for parcels		26,525	1,863
Wages including	NICs	12,503	9,791
Rent		4,300	2,398
General Expenses		758	1,331
Insurance		524	518
subscriptions		674	175
Accounting and	bank fees	816	495
Depreciation		170
Total Resources	Expended	46,270	16,571
Net movement	in funds
Total funds b/f		20,968	10,594
Tote Ifunds c/f		~5820	~20