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2025-03-31-accounts

BanktheFood Report of the Trustees and Financial Statements for the Year Ended 30 March 2025

Charity Number: 1194167

Principal Address: Old Vicarage Southminster Road Burnham-on-Crouch CM0 8QG

Reference and Administrative Information

Trustees: Emma Spring – Chair Daniel Owen David Mills

Bankers: Virgin Money

Trustees’ Annual Report

The trustees present their annual report and financial statements for BanktheFood for the year ended 30 March 2025. The financial statements have been prepared on a receipts and payments basis in accordance with applicable law and the Charities Statement of Recommended Practice (SORP).

Structure, Governance and Management

BanktheFood is a Charitable Incorporated Organisation (CIO) registered in England and Wales. The charity was established through a gift from a private funder. The BanktheFood mobile application and all associated intellectual property were gifted to the charity by the app developer.

Trustees are appointed by the existing trustees when additional skills or experience are considered beneficial to the charity. Trustees serve a three-year term and may offer themselves for reappointment at the end of that period.

Objectives and Activities for the Public Benefit

The charity’s object is to relieve persons in the United Kingdom who are experiencing financial hardship.

BanktheFood seeks to achieve this object through the provision of a free mobile application which connects shoppers with the real-time needs of their local food banks while they are in supermarkets. This helps ensure that donated food is relevant, appropriate and consistent with current demand.

The charity advances its aims by:

The trustees confirm that they have had regard to the Charity Commission’s guidance on public benefit when reviewing the charity’s objectives and activities.

Achievements and Performance

During the year ended 30 March 2025, BanktheFood continued to expand its reach and impact. The number of food banks registered on the app increased further during the year, alongside continued growth in the number of members of the public using the app to support their local food banks.

The charity focused on supporting food banks, improving app functionality, and delivering campaigns and partnerships aimed at increasing public awareness and encouraging smarter food donations.

Financial Review

During the year ended 30 March 2025, the charity received income primarily from donations and fundraising platforms.

The charity held unrestricted reserves at the year end. The trustees regularly review the level of reserves and aim to maintain sufficient funds to support the continued operation of the charity and delivery of its objectives, while actively pursuing additional funding and partnership opportunities.

Plans for the Future

Building on the investment made during the year, the trustees plan to continue developing and promoting the BanktheFood app to increase uptake among food banks and members of the public.

Priorities for the coming year include further app development, strengthening partnerships, increasing awareness through targeted campaigns, and securing sustainable funding to support the charity’s ongoing activities.

Trustees’ Responsibilities

The trustees are responsible for preparing the trustees’ annual report and financial statements in accordance with applicable law and United Kingdom accounting standards.

The law applicable to charities in England and Wales requires trustees to prepare financial statements for each financial year which give a true and fair view of the charity’s financial activities during the year and of its financial position at the year end.

In preparing these financial statements, the trustees have:

The trustees are responsible for keeping adequate acc ounting records that disclose with 3 reasonable accuracy the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 1993 and the Charity (Accounts and Reports) Regulations 2008. They are also responsible for safeguarding the charity’s assets and for taking reasonable steps to prevent and detect fraud.

Approved by the trustees and signed on their behalf:

Emma Spring

Chair of Trustees

Accounts Year End 30 March 2025

INCOME £
Donatons 75,000.00
Just Giving 2778.59
Cash back 3.97
Total
EXPENSES
App Development 36,000.00
PR/Marketng 52204.44
Social Media 11737.30
Bank Charges 104.70
Just Giving subs 216.00
Other expenditure 1454.56
Total

Surplus Income over Expenditure

Bank A/C reconciliation Opening Bank Balance 61218.2 yearly excess expenditure -23,934.44 Closing Bank Balance 37,283.76

1

77,782.56 101,717.00 -23,934.44

Date Ref Income Expenditure
3-Apr-24 donatons - Just giving 2 94
30-Apr-24 donatons - Just giving 2 10
25-Apr-24 PR /Marketng - Stass Daniells 7,8 2,100.00
25-Apr-24 PR /Marketng - Twelve Marketng 9 18,600.00
1-Apr-24 social media - Bright Media 1 875.6
25-Apr-24 social media - KB Virtual Services 6 150
24-Apr-24 Facebook adverts 3,4 250
26-Apr-24 Just Giving subs 5 18
26-Apr-24 Bank Charges 10 8 Statement
total 104 22,001.60
Net income -21,897.60
Bank Rec
Balance b/fwd 61,218.20
montly net -21,897.60
Balance c/fwd 39,320.60

A

3

Ref Income Expenditure
1-May donatons - Just giving 2 4.75
3-May donatons - Just giving 2 2.37
17-May donatons - Trussel Trust 14 25,000
Misc cash back 11 1
3-May PR /Marketng - Stass Daniells 12 1,200.00
1-May social media - Bright Media 10 875.6
31-May social media - KB Virtual Services 15 150
14-May App Dev -Mustard new media 13 20000
23-May App Dev -Mustard new media 13 16000
21-May donatons - Just giving 2 27.31
21-May donatons - Just giving 2 112.9
Just Giving subs 5 18
Bank Charges 9.5 statement
total 25,148.21 38,253.10
Net income -13,104.89
Bank Rec
Balance b/fwd 39,320.60
montly net -13,104.89
Balance c/fwd 26,215.71

A

4

Ref Income Expenditure
1-Jun Social media - bright media 16 875.6
6-Jun PR /Marketng - Twelve Marketng 17 7200
25-Jun Just Giving subs 5 18
27-Jun Bank Charges 18 9.8
total 0.00 8103.40
Net Expenditure -8,103.40
Bank Rec
Balance b/fwd 26,215.71
montly net -8,103.40
Balance c/fwd 18,112.31

5

Ref Income Ref Income Expenditure
29-Jul donatons - Just giving 2 20.00
15-Jul donatons - Trussel Trust 21 25,000
18-Jul Stass Daniells 22,23 2,700.00
2-Jul social media - Bright Media 18 933.50
2-Jul PR /Marketng - Twelve Marketng 19 7500
2-Jul PR /Marketng - Twelve Marketng 20 1054.44
25-Jul Just Giving subs 5 18
Bank Charges 7.40 statement
total 25,020.00 12,213.34
Net income 12,806.66
Bank Rec
Balance b/fwd 18,112.31
montly net 12,806.66
Balance c/fwd 30,918.97

A

6

Date Ref Income Expenditure
2-Aug social media - Bright Media 24 933.5
7-Aug Donatons - Just Givings 2 4.75
7-Aug PR - Paul Cullen 25 750.00
7-Aug PR /Marketng - Stass Daniells 26 1200
9-Aug PR/Marketng Georgina Jones 27 120
27-Aug Just Giving subs 5 18
28-Aug Bank charges 8.6 statement
27-Aug Corporaton tax 28 200.22
Total 4.75 3,230.32
Net Expenditure -3,225.57
Bank Rec
Balance b/fwd 30,918.97
montly net -3,225.57
Balance c/fwd 27,693.40

7

Date Ref Income Expenditure
4-Sep social media - Bright Media 29 933.5
10-Sep PR /Marketng - Stass Daniells 30 1,500.00
25-Sep Just Giving subs 5 18.00
26-Sep Bank charges 8.6 statement
27-Sep PR/Marketng Shuterstock 31 34.8
30-Sep donatons - Just giving 2 100
Total 100 2,494.90
Net Expenditure -2,394.90
Bank Rec
Balance b/fwd 27,693.40
montly net -2,394.90
Balance c/fwd 25,298.50

8

Date Ref Income Expenditure
1-Oct social media - KB Virtual Services 32 150.00
1-Oct social media - Bright Media 33 933.50
1-Oct PR /Marketng - Stass Daniells 34, 35 1200
1-Oct PR - Paul Cullen 36 1500
2-Oct cash back 0.12
8-Oct donatons - Just giving 2 100
16-Oct donatons - Just giving 2 47.5
25-Oct Just Giving subs 5 18
29-Oct Bank charges 8 statement
Total 147.62 3,809.50
Net Expenditure -3,661.88
Bank Rec
Balance b/fwd 25,298.50
montly net -3,661.88
Balance c/fwd 21,636.62

9

Date Ref Income Expenditure
4-Nov-24 donatons - Just giving 2 10
4-Nov-24 social media - Bright Media 37 933.50
5-Nov-24 donatons - Just giving 2 2.37
11-Nov-24 social media - KB Virtual Services 38 150
13-Nov-24 donatons - Trussell Trust 39 25000
21-Nov-24 PR /Marketng - Stass Daniells 40 1200
25-Nov-24 Just Giving subs 5 18
27-Nov-24 Bank charges 8.9 statement
Total 25012.37 2,310.40
Net Expenditure 22,701.97
Bank Rec
Balance b/fwd 21,636.62
montly net 22,701.97
Balance c/fwd 44,338.59

10

Date Ref Income Expenditure
3-Dec-24 social media - Bright Media 41 933.50
3-Dec-24 PR /Marketng - Stass Daniells 42 1,500.00
4-Dec-24 Facebook advert 43 599.94
11-Dec-24 donatons - Just giving 2 182.87
12-Dec-24 donatons - Just giving 2 769.32
16-Dec-24 donatons - Just giving 2 520
18-Dec-24 donatons - Just giving 2 118.75
23-Dec-24 donatons - Just giving 2 50
27-Dec-24 Just Giving subs 5 18
27-Dec-24 Bank charges 8.6 statement
Total 1640.94 3,060.04
Net Expenditure -1,419.10
Bank Rec
Balance b/fwd 44,338.59
montly net -1,419.10
Balance c/fwd 42,919.49

11

Date Ref Income Expenditure
3-Jan-25 Cash back 2.1
3-Jan-25 social media - Bright Media 44 933.50
7-Jan-25 donatons - Just giving 2 132
8-Jan-25 donatons - Just giving 2 16.62
14-Jan-25 donatons - Just giving 2 0.47
17-Jan-25 PR /Marketng - Stass Daniells 45 900
22-Jan-25 donatons - Just giving 2 2.37
24-Jan-25 social media - KB Virtual Services 46 150
27-Jan-25 Just Giving subs 5 18
29-Jan-25 Bank charges 9.2 statement
Total 153.56 2,010.70
Net Expenditure -1,857.14
Bank Rec
Balance b/fwd 42,919.49
montly net -1,857.14
Balance c/fwd 41,062.35

12

Date Ref Income Expenditure
1-Feb-25 donatons - Just giving 156.1
3-Feb-25 social media - Bright Media 47 892.50
8-Feb-25 PR /Marketng - Stass Daniells 48 900
11-Feb-25 donatons - Just giving 2 191.68
12-Feb-25 donatons - Just giving 2 66.94
19-Feb-25 donatons - Just giving 2 8.31
24-Feb-25 PR advertsing smileyworld 49 189.6
25-Feb-25 Just Giving subs 5 18
27-Feb-25 Bank charges 8.9 statement
28-Feb-25 Fundraising regulator 50 60
Total 423.03 2,069.00
Net Expenditure -1,645.97
Bank Rec
Balance b/fwd 41,062.35
montly net -1,645.97
Balance c/fwd 39,416.38

13

Date Ref Income Expenditure
3-Mar-25 cash back 0.87
3-Mar-25 social media - Bright Media 47 933.50
5-Mar-25 PR /Marketng - Stass Daniells 52 1200
18-Mar-25 donatons - Just giving 2 0.47
25-Mar-25 Just Giving subs 5 18
26-Mar-25 donatons - Just giving 2 4.74
27-Mar-25 Bank charges 9.2 statement
31-Mar-25 donatons - Just giving 2 22
Total 28.08 2,160.70
Net Expenditure -2,132.62
Bank Rec
Balance b/fwd 39,416.38
montly net -2,132.62
Balance c/fwd 37,283.76

14

- Summary detail Income and Expenditure year ending 30 March 2025

Expenditure

Expenditure
Date Ref #
App Development - MustardNew Media
14-May-24 13 20,000.00
23-May-24 13 16,000.00
36,000.00
Social Media/Bright Media
Apr-24 1 875.6
May-24 10 875.6
Jun-24 16 875.6
Jul-24 18 933.5
Aug-24 24 933.5
Sep-24 29 933.5
Oct-24 33 933.5
Nov-24 37 933.5
Dec-24 41 933.5
Jan-25 44 933.5
Feb-25 47 892.5
Mar-25 51 933.5
10,987.30
Social Media - KB Virtual Services 25-Apr-24 6 150
31-May-24 15 150
1-Oct-24 32 150
11-Nov-24 38 150
24-Jan-24 46 150
750
PR/Marketng (Stass Daniells) Apr-24 7,8 2100
May-24 12 1200
Jul-24 22,23 2700
Aug-24 26 1200
Sep-24 30 1500
Oct-24 34,35 1200
Nov-24 40 1200
Dec-24 42 1500
Jan-25 45 900
Feb-25 48 900
Mar-25 52 1200
15,600.00
PR/Marketng - Paul Cullen 7-Aug-24 25 750
1-Oct-24 36 1500
2,250.00

15

PR/Marketng (Twelve Marketng) Apr-24 9 18600
Jun-24 17 7200
Jul-24 19,20 8554.44
34,354.44
Misc charges Apr-24 8
May-24 9.5
Jun-24 9.8
Jul-24 7.4
Aug-24 8.6
Sep-24 8.6
Oct-24 8
Nov-24 8.9
Dec-24 8.6
Jan-25 9.2
Feb-25 8.9
Mar-25 9.2
104.70
Just Giving subs Apr-24 5 18
May-24 5 18
Jun-24 5 18
Jul-24 5 18
Aug-24 5 18
Sep-24 5 18
Oct-24 5 18
Nov-24 5 18
Dec-24 5 18
Jan-25 5 18
Feb-25 5 18
Mar-25 5 18
216
Other Expenditure
Facebook adverts 24-Apr-24 3,4 250
Corporaton tax charge 28-Aug-24 28 200.22
poetry commission 9-Aug-24 27 120
Card shutlecock 27-Sep-24 31 34.8
Facebook adverta 4-Dec-24 43 599.94
Smiley flms 24-Feb-25 49 189.6
Fundraising regulator 28-Feb-25 50 60
1,454.56
Total Expenditure

16

Income
Cashback 5/3/2024 11 0.88
Oct-24 0.12
Jan-24 2.1
Mar-25 0.87
3.97
Donatons May-24 14 25000
Jul-24 21 25000
Nov-24 39 25000
75000
Just Giving
3-Apr-24 2 94
30-Apr-24 2 10
30-Apr-24 2 4.75
3-May-24 2 2.37
21-May-24 2 140.21
29-Jul-24 2 20
7-Aug-24 2 4.75
30-Sep-24 2 100
8-Oct-24 2 100
16-Oct-24 2 47.5
4-Nov-24 2 10
5-Nov-24 2 2.37
11-Dec-24 2 182.87
12-Dec-24 2 769.32
16-Dec-24 2 520
18-Dec-24 2 118.75
23-Dec-24 2 50
7-Jan-25 2 132
8-Jan-25 2 16.62
14-Jan-25 2 0.47
22-Jan-25 2 2.37
1-Feb-25 2 156.1
11-Feb-25 2 191.68
12-Feb-25 2 66.94
19-Feb-25 2 8.31
18-Mar-25 2 0.47
26-Mar-25 2 4.74
31-Mar-25 2 22
2778.59

Total Income

17

Bank statement Bank statement Bank statement Bank statement Bank statement Bank statement Bank statement Bank statement Bank statement Bank statement Bank statement Bank statement

101,717.00

19

Bank Statement Bank Statement Bank Statement

Trussell trust Trussell trust Trussell trust

77,782.56

20

Independerst examinerfs report to the trustees of BanktheFood I report to the trustees on my examination of the accounts of BanktheFood for the year ended 31 March 2025. As the charity trustees of BanktheFood, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 20111'the Act'l. I report in respect of my examination of the accounts carried out under section 145 of the 2011 Act and in carrying Out my examination I have followed all the applicable Directions given by the Charity Commission under section 14515llbl of the Act. I have completed my examination and 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.. l. accounting records were not kept in respect of the charity as required by section 130 of the Act,. or 2. the atcounts do not accord with those retords. I hove 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 understandin8 of the accounts to be reached. Signed.. Nam Relev fessional qualification or membership of professional bodies lif anvl: Address- tofji JIILI g/ C/6/JfvJf a) GAO (Jwa Cft)] £rJR Date: IL l J3aL