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2025-03-31-accounts

Dii Trustees, Annual Report Fortheyear Ended 316t March 2025 Reference and Administrative Information Charlty namo: Ch6ylesmore Food Hub Charlty registratlon number: 1191488 Regl8tered addre85: Cheyiesmore Communitycentre. Cheyiesmore, CV3 5JX Trustee8: Caroline Sinclair Judi Garland Joseph Jamieson Andrew Rodgers Bankers: CAF Bank Ltd. 25 Klngs Hlll Avenue, Klngs Hlll, West Malllng, Kent ME19 4JQ Structure. Governance and Management Cheylesmore Food Hub is a charltable org8nis8tion governed by its Constitution, adopted on 1410912020. The charityis overseen by the Board of Trustees, who are responsible for settingstrategy, ensuringcompliancewlth charity18w, and overseeingthe effective delNeryofthe charty's objectives. Trustees are appointed in accordance wtth the governingdocument. Newtrustees receive an indu¢tion coveringthe charity's aims, oper8tions, finances. and safeguarding responsibilities.

The day-to-day runnlng of the Cheylesmore Food Hub Is carrled out bya small staff team, supported by a strongvolunteer base. Objectives and Activities Our Charitable Objects The charity's objects are to relieve poverty and financial hardship by providlngfood 8nd essential household items to individuals and families in need within the south of Coventry 8pe¢ificallyCheylesmor8, E8rlsdon, Stonehou8e Estate and Whitley, although as partof the Coventry Food Network it supports Coventrycitycouncilin the deliv8ry ofemergency food support. Public Benefit TheTiustees confirm thatthey have had due regard to the Charity Commission's guld8nce on public benefit and believe that the chariV8 activities continue to provide clear pubLic benefit. Review of Activities and Achievements Growing Demand Duringthe year. the charityexperienced 8 slight decreasefor socialsuperm8rket Servlces. However, rising livingcosts, increased housingpressures, and benefitdelays have continued to affect many households in ourcommunity. The number of food Parcelsdistributed decreased by4.25% compared with the previous year. A growing proportion of users were families with chlldren and Individu818 in employment who were nevertheless struggling to meet basic Living costs. Despitethis increase, the charity remained committed to ensuringthat no one referred to uswentwlthoutsupport.

Service Delivery Thefood bank operated two distribution sessions perweek from Cheylesmorecommunlty Centie. Members and service users have the option ofcollectinga food bag or having it delivered, whlch is unique among other simi18r charities in Coventry and only possible due to a strongte8m ofvolunteers. In addition to the so¢i81 $uperm£rket membership scheme which is the core purp08e, thecharityalso 8UPPOrted emergencyfood distribution for Coventry Citycouncil and the charityworked in partnership with local agencies to Signpost clients to advice seNices, in¢ludingdebt, housing. and benefits support. Volunteers The Trustees wS8h to record their sincere thanks to our volunteers, whose dedication and compassion continue to underpin the charivswork. Withouttheir commitment. the chartywould not be ableto meetthe steadylevelof need within the community. Financial Review Financial Positlon The charity's financial positlon at the year end is $table. While expenditure increased in line with increases in the ¢ost offood as well as steady demand, thi$ was balanced by consistent income from donations. grants, and the significant savings offered by supermarkets donatingtheir surplus food. Seasonal appeals fordonations from the I0¢81 community have continued to g8nerate a good response, while the surplus offered by loc8lsuperm8rkets includingAsda, Tesco, Sainsbury's and Aldi h8ve allowed the charityto enhance the amountoffresh produce available in food bags. The charity is eternally gr8tefulto Aubr6yAllen, 8 local butcherwhich. since the charity's creation in 2020, has consistentlydonated high qualitysurplus meat and cheese products. therebysaving the ch8rity budget in providing ess8ntial protein items to members and recipients of em8rgencyfood b8gs.

Reserves Policy The TTUStees have reviewed the charity's reserves policy 8nd believe th8t holding reserves equivalent to 8pproximately3-5 months of operating costs is appropriate. This provides fin8nci81 resilience whlle ensuring th8t funds are used to meet current need. Going Concern The Trustees believe that the charity remains a going concern and is we(l-placed to continue its activities in the comlngyear. Risk Management The Trustees regu18riy reviewthe major risks faced bythe charity. Key risks include sustained increases in dem8nd, rlslngfood. st8ffing and room hire costs. and volunteer capacity. Mitigating actions include maintsinlng strong relationships With donors and supermarket P8rtners, seekingoutfurthersources ofsurplusfood. prudentfinancial management, and ongoingvolunteer recruitment. Plans forthe Future Looking ahead, the Trustees anticipate that demand foi food bank services wlll remain high. The charlty's priorities for the coming year include: Continuingto meet increased demandwhile maintainingseNlce quallty Strengthening partnerships with local supermarkets 8nd ¢ommunity groups such as religious organis8tions, 5POrts clubs, schools and membership organisatlons that can drive food donations at reguiartirnes duringtheyear. Diversifying income sources to protect long-term sustainability Ensuring the t8sks are covered by continuing to recruit and inv9St in volunteers Statement ofTrustees' Responsibilities The Trustees are responsible forpreparingthe Trustees'Annual Report and financi8l ststements in accordancewith applicable law and UKA¢¢ountingStandards. They are responsiblefor keeping proper accounting records 8nd Safeguardingthe ch8ritys assets.

Approval This repothwas approved bythe Trustees and signed on their behalf. Signed: Name: CAE￿JU1r6 sipcLA¢L Position: Chair of Trustees Date: LU/al/l Signed: Name: SbE6EXS Position: Trustee Date: io

Charity registration number: 1191488

CHEYLESMORE FOOD HUB TRUSTEES' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

Panthera Limited Chartered Management Accountants The Manor Main Street Grove Oxfordshire OX12 7JJ

CHEYLESMORE FOOD HUB Contents

Page
Reference and Administrative Details 1
Trustees' Report 2—4
Independent Examiner's Report 5
Statement of Financial Activities 6
Statement of Financial Position 7
Notes to the Financial Statements 8—11
The following pages do not form part of the statutory accounts:
Detailed Statement of Financial Activities 12

CHEYLESMORE FOOD HUB Reference and Administrative Details For The Year Ended 31 March 2025

Trustees Miss Caroline Sinclair
Mr Joseph Jamieson
Mr Andrew Rodgers
Miss Judi Garland
Charity Number 1191488
Principal Address Cheylesmore Food Hub
Cheylesmore Community Centre
Poitiers Road
Coventry
CV3 5JX
Independent Examiner Panthera Limited Chartered Management Accountants
Panthera Limited
Chartered Management Accountants
The Manor
Main Street
Grove
Oxfordshire
OX12 7JJ
Bankers CAF Bank
25 Kings Hill Avenue
Kings Hill
West Malling
Kent
ME19 4JQ

Page 1

CHEYLESMORE FOOD HUB Trustees' Report For The Year Ended 31 March 2025

The trustees present their report and the financial statements for the year ended 31 March 2025.

Objectives and Activities

Aims and Objectives

The charity's objects are to relieve poverty and financial hardship by providing food and essential household items to individuals and families in need within the south of Coventry - specifically Cheylesmore, Earlsdon, Stonehouse Estate and Whitley, although as part of the Coventry Food Network it supports Coventry City Council in the delivery of emergency food support.

Public Benefit

The Trustees confirm that they have had due regard to the Charity Commission's guidance on public benefit and believe that the charity's activities continue to provide clear public benefit.

Achievements and Performance

Main Achievements

Growing Demand

During the year, the charity experienced a slight decrease for social supermarket services. However, rising living costs, increased housing pressures, and benefit delays have continued to affect many households in our community.

The number of food parcels distributed decreased by 4.25% compared with the previous year. A growing proportion of users were families with children and individuals in employment who were nevertheless struggling to meet basic living costs.

Despite this increase, the charity remained committed to ensuring that no one referred to us went without support.

Service Delivery

The food bank operated two distribution sessions per week from Cheylesmore Community Centre. Members and service users have the option of collecting a food bag or having it delivered, which is unique among other similar charities in Coventry and only possible due to a strong team of volunteers. In addition to the social supermarket membership scheme which is the core purpose, the charity also supported emergency food distribution for Coventry City Council and the charity worked in partnership with local agencies to signpost clients to advice services, including debt, housing, and benefits support.

Volunteers

The Trustees wish to record their sincere thanks to our volunteers, whose dedication and compassion continue to underpin the charity's work. Without their commitment, the charity would not be able to meet the steady level of need within the community.

Financial Review

Financial Position

The charity's financial position at the year end is stable. While expenditure increased in line with increases in the cost of food as well as steady demand, this was balanced by consistent income from donations, grants, and the significant savings offered by supermarkets donating their surplus food.

Seasonal appeals for donations from the local community have continued to generate a good response, while the surplus offered by local supermarkets including Asda, Tesco, Sainsbury's and Aldi have allowed the charity to enhance the amount of fresh produce available in food bags.

The charity is eternally grateful to Aubrey Allen, a local butcher which, since the charity's creation in 2020, has consistently donated high quality surplus meat and cheese products, thereby saving the charity budget in providing essential protein items to members and recipients of emergency food bags.

Page 2

CHEYLESMORE FOOD HUB Trustees' Report (continued) For The Year Ended 31 March 2025

Reserves Policy

The Trustees have reviewed the charity's reserves policy and believe that holding reserves equivalent to approximately 3-5 months of operating costs is appropriate. This provides financial resilience while ensuring that funds are used to meet current need.

Going Concern

The Trustees believe that the charity remains a going concern and is well-placed to continue its activities in the coming year.

Additional Note

Risk Management

The Trustees regularly review the major risks faced by the charity. Key risks include sustained increases in demand, rising food, staffing and room hire costs, and volunteer capacity. Mitigating actions include maintaining strong relationships with donors and supermarket partners, seeking out further sources of surplus food, prudent financial management, and ongoing volunteer recruitment.

Plans for the Future

Looking ahead, the Trustees anticipate that demand for food bank services will remain high. The charity's priorities for the coming year include:

Structure, Governance and Management

Governing Document

Cheylesmore Food Hub is a charitable organisation governed by its Constitution, adopted on 14/09/2020. The charity is overseen by the Board of Trustees, who are responsible for setting strategy, ensuring compliance with charity law, and overseeing the effective delivery of the charity's objectives.

Trustees are appointed in accordance with the governing document. New trustees receive an induction covering the charity's aims, operations, finances, and safeguarding responsibilities.

The day-to-day running of the Cheylesmore Food Hub is carried out by a small staff team, supported by a strong volunteer base.

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 trustees are responsible for keeping adequate accounting records which disclose with reasonable accuracy at anytime the financial position of the charity and to enable them to ensure that the accounts 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.

Page 3

CHEYLESMORE FOOD HUB Trustees' Report (continued) For The Year Ended 31 March 2025

The trustees' report was approved by the board of trustees and signed on its behalf by:

Miss Caroline Sinclair Trustee Date

Mr Andrew Rodgers Trustee

Page 4

CHEYLESMORE FOOD HUB Independent Examiner's Report to the Trustees of CHEYLESMORE FOOD HUB For The Year Ended 31 March 2025

I report to the trustees on my examination of the accounts of CHEYLESMORE FOOD HUB (the Trust) for the year ended 31 March 2025.

Responsibilities and Basis of Report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent Examiner's Statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and contents 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 accounts to be reached.

Panthera Limited Chartered Management Accountants

Date The Manor Main Street Grove Oxfordshire OX12 7JJ

Page 5

CHEYLESMORE FOOD HUB Statement of Financial Activities For The Year Ended 31 March 2025

Notes
INCOME AND ENDOWMENTS FROM:
Donations and legacies
3
Investments
4
Other
5
EXPENDITURE ON:
Raising funds
7
Charitable activities:
7
Activities
NET INCOME/(EXPENDITURE)
NET MOVEMENT IN FUNDS
RECONCILIATION OF FUNDS:
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
15
2025
Unrestricted
funds
£
25,111
49
63,617
2024
Unrestricted
funds
£
17,870
83
45,155
88,777 63,108
-
(78,200)
3
(92,889)
(78,200) (92,886)
10,577 (29,778)
10,577
26,042
(29,778)
55,820
36,619 26,042

The notes on pages 8 to 11 form part of these financial statements.

Page 6

CHEYLESMORE FOOD HUB Statement of Financial Position As At 31 March 2025

Notes
FIXED ASSETS
CURRENT ASSETS
Debtors
12
Cash at bank and in hand
Creditors: Amounts Falling Due Within One Year
13
NET CURRENT ASSETS (LIABILITIES)
TOTAL ASSETS LESS CURRENT LIABILITIES
NET ASSETS
FUNDS OF THE CHARITY
Unrestricted Funds
TOTAL FUNDS
15
2025
Unrestricted
funds
£
2024
Total
funds
£
1,118
38,416
4,368
23,865
39,534
(2,915)
28,233
(2,191)
36,619 26,042
36,619 26,042
36,619 26,042
36,619 26,042
36,619 26,042

On behalf of the board

Miss Caroline Sinclair Trustee Date

The notes on pages 8 to 11 form part of these financial statements.

Page 7

CHEYLESMORE FOOD HUB Notes to the Financial Statements For The Year Ended 31 March 2025

1. General Information

CHEYLESMORE FOOD HUB is a charitable incorporated organisation registered with the Charity Commission, registered charity number 1191488. The principal address is Cheylesmore Food Hub, Cheylesmore Community Centre, Poitiers Road, Coventry, CV3 5JX.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) "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)", Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities Act 2011.

The charity is a Public Benefit Entity as defined by FRS 102.

2.2. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

2.3. Cash and Cash Equivalents

Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.

3. Income from Donations and Legacies

Donations and gifts
.
Investment Income
Bank interest receivable
.
Other Income
Other income type A
.
Net Income/(Expenditure)
he net income/(expenditure) is stated after charging/(crediting):
Depreciation of tangible fixed assets - owned
2025
Unrestricted
funds
£
25,111
2024
Unrestricted
funds
£
17,870
2025
Unrestricted
funds
£
49
2024
Unrestricted
funds
£
83
2025
Unrestricted
funds
£
63,617
2024
Unrestricted
funds
£
45,155
2025
£
-
2024
£
170

4. Investment Income

  1. Other Income

6. Net Income/(Expenditure)

The net income/(expenditure) is stated after charging/(crediting):

Page 8

CHEYLESMORE FOOD HUB Notes to the Financial Statements (continued) For The Year Ended 31 March 2025

7. Analysis of Expenditure

.
Analysis of Expenditure
Activities Activities
undertaken
directly
£
36677
Support
costs
(see note 8)
£
41523
2025
Total
£
78200
Raising funds
Activities
.
Support Costs
Employee costs
Premises expenses
General administration
Interest payable
Employee costs
Premises expenses
General administration
Depreciation
Interest payable
, , ,
Activities
undertaken
directly
£
-
55,222
Support
costs
(see note 8)
£
(3)
37,667
2024
Total
£
(3)
92,889
55,222 37,664 92,886
Raising
funds
£
-
-
(3)
-
-
Activities
£
26,053
8,511
2,873
170
60
2025
Activities
£
28,635
9,161
3,667
60
41,523
2024
Total
£
26,053
8,511
2,870
170
60
(3) 37,667 37,664
  1. Support Costs

Page 9

CHEYLESMORE FOOD HUB Notes to the Financial Statements (continued) For The Year Ended 31 March 2025

9. Staff Costs

Staff costs were as follows:

taff costs were as follows:
Wages and salaries
Other pension costs
2025
£
27,676
462
28,138
2024
£
25,203
480
25,683

No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000.

10. Average Number of Employees

Average number of employees during the year was: 2 (2024: 2)

  1. Tangible Assets
Cost
As at 1 April 2024
As at 31 March 2025
Depreciation
As at 1 April 2024
As at 31 March 2025
Net Book Value
As at 31 March 2025
As at 1 April 2024
12.
Debtors
Due within one year
Other debtors
13.
Creditors: Amounts Falling Due Within One Year
Bank loans and overdrafts
Other creditors
Taxation and social security
Accruals and deferred income
2025
£
1,118
2025
£
220
-
705
1,990
2,915
Fixtures &
Fittings
£
340
340
340
340
-
-
2024
£
4,368
2024
£
-
112
679
1,400
2,191

Page 10

CHEYLESMORE FOOD HUB Notes to the Financial Statements (continued) For The Year Ended 31 March 2025

14. Pension Commitments

The charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund.

During the year the charge to the statement of financial activities in respect of defined contribution schemes was £462 (2024: £480).

At the statement of financial position date contributions of £NIL were due to the fund and are included in creditors.

15. Movement in Funds

5.
Movement in Funds
Unrestricted funds
General:
General unrestricted fund
Total funds
Unrestricted funds
General:
General unrestricted fund
Total funds
As at 1 April
2024
£
26,042
Income
£
88,777
Expenditure
£
(78,200)
As at 31
March 2025
£
36,619
26,042 88,777 (78,200) 36,619
As at 1 April
2023
£
55,820
Income
£
63,108
Expenditure
£
(92,886)
As at 31
March 2024
£
26,042
55,820 63,108 (92,886) 26,042

16. Transactions with Trustees

During the year the expenses reimbursed to the trustees or paid directly to third parties were as follows:

2025 2024
£ £

17. Related Party Disclosures

Page 11

CHEYLESMORE FOOD HUB Detailed Statement of Financial Activities For The Year Ended 31 March 2025

INCOME AND ENDOWMENTS FROM:
Donations and legacies
Donations and gifts
Investments
Bank interest receivable
Other
Other income type A
EXPENDITURE ON:
Raising funds
Sundry expenses
Charitable Activities:
Activities
Purchases
Other direct costs
Wages and salaries
Employers pensions - defined contributions scheme
Travel and subsistence expenses
Rent
Insurance
Printing, postage and stationery
Telecommunications and data costs
Accountancy fees
Subscriptions
Sundry expenses
Depreciation
Bank charges
NET INCOME/(EXPENDITURE)
2025
Total
funds
£
25,111
2024
Total
funds
£
17,870
25,111
49
17,870
83
49
63,617
83
45,155
63,617 45,155
88,777
-
63,108
3
-
(36,046)
(631)
(27,676)
(462)
(497)
(9,161)
(563)
(118)
(216)
(2,595)
(175)
-
-
(60)
3
(44,326)
(10,896)
(25,203)
(480)
(370)
(8,511)
(525)
(143)
(158)
(1,400)
(175)
(472)
(170)
(60)
(78,200) (92,889)
(78,200) (92,886)
10,577 (29,778)

Page 12

Charity registration number: 1191488

CHEYLESMORE FOOD HUB TRUSTEES' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

Panthera Limited Chartered Management Accountants The Manor Main Street Grove Oxfordshire OX12 7JJ

CHEYLESMORE FOOD HUB Contents

Page
Reference and Administrative Details 1
Trustees' Report 2—4
Independent Examiner's Report 5
Statement of Financial Activities 6
Statement of Financial Position 7
Notes to the Financial Statements 8—11
The following pages do not form part of the statutory accounts:
Detailed Statement of Financial Activities 12

CHEYLESMORE FOOD HUB Reference and Administrative Details For The Year Ended 31 March 2025

Trustees Miss Caroline Sinclair
Mr Joseph Jamieson
Mr Andrew Rodgers
Miss Judi Garland
Charity Number 1191488
Principal Address Cheylesmore Food Hub
Cheylesmore Community Centre
Poitiers Road
Coventry
CV3 5JX
Independent Examiner Panthera Limited Chartered Management Accountants
Panthera Limited
Chartered Management Accountants
The Manor
Main Street
Grove
Oxfordshire
OX12 7JJ
Bankers CAF Bank
25 Kings Hill Avenue
Kings Hill
West Malling
Kent
ME19 4JQ

Page 1

CHEYLESMORE FOOD HUB Trustees' Report For The Year Ended 31 March 2025

The trustees present their report and the financial statements for the year ended 31 March 2025.

Objectives and Activities

Aims and Objectives

The charity's objects are to relieve poverty and financial hardship by providing food and essential household items to individuals and families in need within the south of Coventry - specifically Cheylesmore, Earlsdon, Stonehouse Estate and Whitley, although as part of the Coventry Food Network it supports Coventry City Council in the delivery of emergency food support.

Public Benefit

The Trustees confirm that they have had due regard to the Charity Commission's guidance on public benefit and believe that the charity's activities continue to provide clear public benefit.

Achievements and Performance

Main Achievements

Growing Demand

During the year, the charity experienced a slight decrease for social supermarket services. However, rising living costs, increased housing pressures, and benefit delays have continued to affect many households in our community.

The number of food parcels distributed decreased by 4.25% compared with the previous year. A growing proportion of users were families with children and individuals in employment who were nevertheless struggling to meet basic living costs.

Despite this increase, the charity remained committed to ensuring that no one referred to us went without support.

Service Delivery

The food bank operated two distribution sessions per week from Cheylesmore Community Centre. Members and service users have the option of collecting a food bag or having it delivered, which is unique among other similar charities in Coventry and only possible due to a strong team of volunteers. In addition to the social supermarket membership scheme which is the core purpose, the charity also supported emergency food distribution for Coventry City Council and the charity worked in partnership with local agencies to signpost clients to advice services, including debt, housing, and benefits support.

Volunteers

The Trustees wish to record their sincere thanks to our volunteers, whose dedication and compassion continue to underpin the charity's work. Without their commitment, the charity would not be able to meet the steady level of need within the community.

Financial Review

Financial Position

The charity's financial position at the year end is stable. While expenditure increased in line with increases in the cost of food as well as steady demand, this was balanced by consistent income from donations, grants, and the significant savings offered by supermarkets donating their surplus food.

Seasonal appeals for donations from the local community have continued to generate a good response, while the surplus offered by local supermarkets including Asda, Tesco, Sainsbury's and Aldi have allowed the charity to enhance the amount of fresh produce available in food bags.

The charity is eternally grateful to Aubrey Allen, a local butcher which, since the charity's creation in 2020, has consistently donated high quality surplus meat and cheese products, thereby saving the charity budget in providing essential protein items to members and recipients of emergency food bags.

Page 2

CHEYLESMORE FOOD HUB Trustees' Report (continued) For The Year Ended 31 March 2025

Reserves Policy

The Trustees have reviewed the charity's reserves policy and believe that holding reserves equivalent to approximately 3-5 months of operating costs is appropriate. This provides financial resilience while ensuring that funds are used to meet current need.

Going Concern

The Trustees believe that the charity remains a going concern and is well-placed to continue its activities in the coming year.

Additional Note

Risk Management

The Trustees regularly review the major risks faced by the charity. Key risks include sustained increases in demand, rising food, staffing and room hire costs, and volunteer capacity. Mitigating actions include maintaining strong relationships with donors and supermarket partners, seeking out further sources of surplus food, prudent financial management, and ongoing volunteer recruitment.

Plans for the Future

Looking ahead, the Trustees anticipate that demand for food bank services will remain high. The charity's priorities for the coming year include:

Structure, Governance and Management

Governing Document

Cheylesmore Food Hub is a charitable organisation governed by its Constitution, adopted on 14/09/2020. The charity is overseen by the Board of Trustees, who are responsible for setting strategy, ensuring compliance with charity law, and overseeing the effective delivery of the charity's objectives.

Trustees are appointed in accordance with the governing document. New trustees receive an induction covering the charity's aims, operations, finances, and safeguarding responsibilities.

The day-to-day running of the Cheylesmore Food Hub is carried out by a small staff team, supported by a strong volunteer base.

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 trustees are responsible for keeping adequate accounting records which disclose with reasonable accuracy at anytime the financial position of the charity and to enable them to ensure that the accounts 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.

Page 3

CHEYLESMORE FOOD HUB Trustees' Report (continued) For The Year Ended 31 March 2025

The trustees' report was approved by the board of trustees and signed on its behalf by:

Miss Caroline Sinclair Trustee Date

Mr Andrew Rodgers Trustee

Page 4

CHEYLESMORE FOOD HUB Independent Examiner's Report to the Trustees of CHEYLESMORE FOOD HUB For The Year Ended 31 March 2025

I report to the trustees on my examination of the accounts of CHEYLESMORE FOOD HUB (the Trust) for the year ended 31 March 2025.

Responsibilities and Basis of Report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent Examiner's Statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and contents 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 accounts to be reached.

Panthera Limited Chartered Management Accountants

Date The Manor Main Street Grove Oxfordshire OX12 7JJ

Page 5

CHEYLESMORE FOOD HUB Statement of Financial Activities For The Year Ended 31 March 2025

Notes
INCOME AND ENDOWMENTS FROM:
Donations and legacies
3
Investments
4
Other
5
EXPENDITURE ON:
Raising funds
7
Charitable activities:
7
Activities
NET INCOME/(EXPENDITURE)
NET MOVEMENT IN FUNDS
RECONCILIATION OF FUNDS:
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
15
2025
Unrestricted
funds
£
25,111
49
63,617
2024
Unrestricted
funds
£
17,870
83
45,155
88,777 63,108
-
(78,200)
3
(92,889)
(78,200) (92,886)
10,577 (29,778)
10,577
26,042
(29,778)
55,820
36,619 26,042

The notes on pages 8 to 11 form part of these financial statements.

Page 6

CHEYLESMORE FOOD HUB Statement of Financial Position As At 31 March 2025

Notes
FIXED ASSETS
CURRENT ASSETS
Debtors
12
Cash at bank and in hand
Creditors: Amounts Falling Due Within One Year
13
NET CURRENT ASSETS (LIABILITIES)
TOTAL ASSETS LESS CURRENT LIABILITIES
NET ASSETS
FUNDS OF THE CHARITY
Unrestricted Funds
TOTAL FUNDS
15
2025
Unrestricted
funds
£
2024
Total
funds
£
1,118
38,416
4,368
23,865
39,534
(2,915)
28,233
(2,191)
36,619 26,042
36,619 26,042
36,619 26,042
36,619 26,042
36,619 26,042

On behalf of the board

Miss Caroline Sinclair Trustee Date

The notes on pages 8 to 11 form part of these financial statements.

Page 7

CHEYLESMORE FOOD HUB Notes to the Financial Statements For The Year Ended 31 March 2025

1. General Information

CHEYLESMORE FOOD HUB is a charitable incorporated organisation registered with the Charity Commission, registered charity number 1191488. The principal address is Cheylesmore Food Hub, Cheylesmore Community Centre, Poitiers Road, Coventry, CV3 5JX.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) "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)", Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities Act 2011.

The charity is a Public Benefit Entity as defined by FRS 102.

2.2. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

2.3. Cash and Cash Equivalents

Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.

3. Income from Donations and Legacies

Donations and gifts
.
Investment Income
Bank interest receivable
.
Other Income
Other income type A
.
Net Income/(Expenditure)
he net income/(expenditure) is stated after charging/(crediting):
Depreciation of tangible fixed assets - owned
2025
Unrestricted
funds
£
25,111
2024
Unrestricted
funds
£
17,870
2025
Unrestricted
funds
£
49
2024
Unrestricted
funds
£
83
2025
Unrestricted
funds
£
63,617
2024
Unrestricted
funds
£
45,155
2025
£
-
2024
£
170

4. Investment Income

  1. Other Income

6. Net Income/(Expenditure)

The net income/(expenditure) is stated after charging/(crediting):

Page 8

CHEYLESMORE FOOD HUB Notes to the Financial Statements (continued) For The Year Ended 31 March 2025

7. Analysis of Expenditure

.
Analysis of Expenditure
Activities Activities
undertaken
directly
£
36677
Support
costs
(see note 8)
£
41523
2025
Total
£
78200
Raising funds
Activities
.
Support Costs
Employee costs
Premises expenses
General administration
Interest payable
Employee costs
Premises expenses
General administration
Depreciation
Interest payable
, , ,
Activities
undertaken
directly
£
-
55,222
Support
costs
(see note 8)
£
(3)
37,667
2024
Total
£
(3)
92,889
55,222 37,664 92,886
Raising
funds
£
-
-
(3)
-
-
Activities
£
26,053
8,511
2,873
170
60
2025
Activities
£
28,635
9,161
3,667
60
41,523
2024
Total
£
26,053
8,511
2,870
170
60
(3) 37,667 37,664
  1. Support Costs

Page 9

CHEYLESMORE FOOD HUB Notes to the Financial Statements (continued) For The Year Ended 31 March 2025

9. Staff Costs

Staff costs were as follows:

taff costs were as follows:
Wages and salaries
Other pension costs
2025
£
27,676
462
28,138
2024
£
25,203
480
25,683

No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000.

10. Average Number of Employees

Average number of employees during the year was: 2 (2024: 2)

  1. Tangible Assets
Cost
As at 1 April 2024
As at 31 March 2025
Depreciation
As at 1 April 2024
As at 31 March 2025
Net Book Value
As at 31 March 2025
As at 1 April 2024
12.
Debtors
Due within one year
Other debtors
13.
Creditors: Amounts Falling Due Within One Year
Bank loans and overdrafts
Other creditors
Taxation and social security
Accruals and deferred income
2025
£
1,118
2025
£
220
-
705
1,990
2,915
Fixtures &
Fittings
£
340
340
340
340
-
-
2024
£
4,368
2024
£
-
112
679
1,400
2,191

Page 10

CHEYLESMORE FOOD HUB Notes to the Financial Statements (continued) For The Year Ended 31 March 2025

14. Pension Commitments

The charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund.

During the year the charge to the statement of financial activities in respect of defined contribution schemes was £462 (2024: £480).

At the statement of financial position date contributions of £NIL were due to the fund and are included in creditors.

15. Movement in Funds

5.
Movement in Funds
Unrestricted funds
General:
General unrestricted fund
Total funds
Unrestricted funds
General:
General unrestricted fund
Total funds
As at 1 April
2024
£
26,042
Income
£
88,777
Expenditure
£
(78,200)
As at 31
March 2025
£
36,619
26,042 88,777 (78,200) 36,619
As at 1 April
2023
£
55,820
Income
£
63,108
Expenditure
£
(92,886)
As at 31
March 2024
£
26,042
55,820 63,108 (92,886) 26,042

16. Transactions with Trustees

During the year the expenses reimbursed to the trustees or paid directly to third parties were as follows:

2025 2024
£ £

17. Related Party Disclosures

Page 11

CHEYLESMORE FOOD HUB Detailed Statement of Financial Activities For The Year Ended 31 March 2025

INCOME AND ENDOWMENTS FROM:
Donations and legacies
Donations and gifts
Investments
Bank interest receivable
Other
Other income type A
EXPENDITURE ON:
Raising funds
Sundry expenses
Charitable Activities:
Activities
Purchases
Other direct costs
Wages and salaries
Employers pensions - defined contributions scheme
Travel and subsistence expenses
Rent
Insurance
Printing, postage and stationery
Telecommunications and data costs
Accountancy fees
Subscriptions
Sundry expenses
Depreciation
Bank charges
NET INCOME/(EXPENDITURE)
2025
Total
funds
£
25,111
2024
Total
funds
£
17,870
25,111
49
17,870
83
49
63,617
83
45,155
63,617 45,155
88,777
-
63,108
3
-
(36,046)
(631)
(27,676)
(462)
(497)
(9,161)
(563)
(118)
(216)
(2,595)
(175)
-
-
(60)
3
(44,326)
(10,896)
(25,203)
(480)
(370)
(8,511)
(525)
(143)
(158)
(1,400)
(175)
(472)
(170)
(60)
(78,200) (92,889)
(78,200) (92,886)
10,577 (29,778)

Page 12