## ## ## ## ## ## ||||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| ## ##