REGISTERED CHARITY NUMBER: 1194807 rt oftheTrus an f the Year Ended 31 March 2 Food S Klngsley Maybrook Limtted Units¢ House 2 Albert Plac8 London N3 1QB
Page Report of the Trust888 1 to 3 Indep8ndent ExamlneV8 Ryrt Stalement of Flnanclal Acllvltl88 8alance Sheet Nots8 to the Financial 8talemonts 7 to 11 Detailed Statement of Financtal ACtitIO6 12 to 13
ofthèT En for Thè tru8ts88 pr98enl thelr report b%lth the flnancl81 statsments of the charlty for the year end8d 31 March 2024. The trustee8 have adopted the provlslon8 of Accounting and Reporting by Charftles.. Statement of Recomrnended Practke applicabl8 to charleS preparing thelr 8¢¢ounts in accordance the Flnanclal Reporting Standard applicable In the UK and Republlc of Irdand (FRS 102) leff6otlve 1 January 2019). OBJECTIVE8 AND ACTIVITIES ObJe¢llv88 and alms The prevantion or rdlef of povety In Borehamwood and the Suound1ng area In partlcular, but not excjusively, by provlding emergency food 8upplles and essenllal tolletrfes to Indlvidua18 In need andlor th8ritle¥ or other organ18allons working to provont or rellwm poverty. slgnlllcant actlvltles Th8 CharY continu8S to operat8s from Park8ide Communty Prfmary School vthich 18 Vrithin the WD6 postcYJde. Wo have bultt a sp8cial relatlonshlp wlth the 8ch¢)ol, parants, chlldren and the wlder MmUnty, Wa ar8 rrentlY $8rvfng over 120 famlll65 per We have teen Invofved In local evènts and havo donat8d 80me of our surplu8 food to other foodbanks. We contlnue to seek ways to 88s18t the local communlty Publlc benefft The publlc kenefits that flow Irom the obja¢tlves of the tharity are". (a) the rellef of poverty by the d18trtbutlon of food, toil8trles. arxl other goods to d988rylng famlUe$ and individuals wth the area the foodbank op8rat88 (b) th8 preventk)n of both phys81 and mental challenges whlch mwi arise for famNle8 vtho are unable to COVaT their dally tCd need withoLrt our asslstance. The Charity confirms that no hami arlseg from the purposes, the beneflclarfes ate the 98n8r publk and localty based ¢ommunlty and voluntary organ18aOon8, and that no prfvate bgnelit ar18es from these purp08es. The Tru8tee8 confirm that have complied wlth our duty to have due regard to the guldanca on public benefit published by the Charity Commission in exerci8ing our powers and duts'es. Voluntser• The ¢harlty has a core group of voluntew8, 8681st to coilect. storé and dlthbute the lood wthlch is gifted to the charity, and wlthout whom the ¢harlty woukl not be abl8 to contk)ua. Now volunteor8 are ahvay8 lcOme, and wlll undergo heaFth and Safety and 8afeguardlng tralnlng and a DBS ¢hed(. Page 1
FINANCIAL REVIEW Flnanclal posltlon Durlng the perlod covered ty those accounts the charity attraoted £21,261 (2Iy22 £31,306) In donattorA and grants and £12,389 (2022 £8,105) At th6 perlod the charlty had £32.223 of a¥$8ts (2022 £23,351) In addlllon the charty met all of thelr flnanclal commlknents dung th8 P8rlod. wlth all paymenls made In go¢xl tlme. Prlnclp•l fundlng •ourca8 The prtn¢lpal fundlng SOUfC8S Continue to be the donation of surplus food from a number of local SUFemiarket8 and other foodbanks. tho donat6on8 received are malnly from prNaté Indlvlduals and other charitabl8 organl8alions. Grants were reIVed In th6 poriod belng reported of £ 7,500 (2022 £18,110) from lo1 mpanie8, local government8 and local governmgnt organi8&tlon8. all of the grants are unreslrfcted.. Ro8erves pollcy The charity airn8 to keep a mlnlmum of slx months runnlng costs in reservè at all Ilm68. 8TRUCTURE, GOVERNANCE AND MANAOEMENT Govgrnlng document The charfty ts oontrolled by Its govemlng do¢umont, a of trust and o)nstknt88 an unlncorpor8ted tharity. Rocruttment and appolnlment of new trust• WD6 Food Support is managed by a Board of Truste&8 se10Ctod du9 to their broad range of relovant Skills and strong andorsemant of tho organisation's objectlv88. The duty of membors of the Board [8 as follo.. (a) to exerclse hls or hor wNer5 and to perfom h18 or her functions a8 8 Irustae of the charity In tha way he or 8h8 dldeS in good falth woukl be most Ilkely to furthor the purpose8 of th8 charltr, and (bl to exorcise, In the p6rfornMnce of th086 fun¢tion8, 8uch care and sklll as 18 reasonabl& In the ctrcumstsnces having regard wi partthlar to: (1) Sny 8peclal knowledge or experlence that he or 8he ha8 Qr hold8 hlm8elf or herBglf out a8 h8vlng,' and {ID If he or she 8¢ts as a Trustee of the charity In the course of a busine8s or prof88sk>n. to any SFeclal knoege or experience that it Is reasonable to exped of a person in the cour8e of that klnd of busine88 or prof888ion. At the Annual General Meèting (AGM) of the membefs of the charity, on&lhlrd of th6 trustees shall retire from offi. The vacana68 $0 ari8ing may be fillpjj by thè d8clslon of the members at the AGM. REFERENCE AND ADMINI8TrATIVE DEfAILS Regl#tsred Ch•rfty numbèr 1194607 Page 2
rtof ear En Prln¢lpal addrn8• Unlt8c Hou8e 2 Albert Pl8¢0 London N3 1QB Tru•toe• l K Clark L J Levln8 {r8s[gn 1.5.24) R Basch J Lthne (appolnted 1.5.24) Ind•pond•nt Examlner KIngeY Maybrook Llmtted Unltsc House 2 Albert Placo London N3 1QB Approved by order of the board of trugteeB on ........................... behalf by.. and 8wJned on It8 l K Clark- Trustee Pag6 3
nde en 8Foo Indopondènt oxamlnarf8 rnport to the tru8téu of WD6 Food 8upport I roport to the charity trustee¥ on my examination of the accounts of WD6 FO Support (the Trusti for the y8ar ended 31 March 2024. R•sponslbllltles and ba81• of report As th8 chaty tru8tses of Ihe Trust you are ts8pon8lble for the pr9paratlon of the accounts accordance vAth the requlrernonts of Ihe Charity8s A¢t 2011 (Yhe Act'l. I report In respect of my examination of the Trust8 accounts carried out under So¢tlon 145 of the Act and In carrylng OLrt my examlnatEon I have followed au applicable Dlr8cfjon8 glven by #19 Chaty Commlsslon under Sectlon 145{5)(b) of the ACL Independont examlng¢8 *tatsmont I hav8 completed my examinatlon. I confimi Ihat no material matter8 have come to my attentKsn in ¢onnectlon with the examinats'on gfvlng me cau¥8 to b8118ve that In any materlal re8P6Ct: arKountlng record8 ware not kept In respect of the Tru8t a8 requlred by SectFon 130 of the the account8 do not gccord with th08e record8,' or th8 aOunts do not comply bylth the appllcable requlremenls Concemlng the tomi and content of aclounts Set out in the Charities (Accounts and R8POrtsl Regulatbns 2008 other than any requirement that the account6 glve a true and fair vlew thich is not a matter con8rdered a8 part of an Independent axaminatlon. I have no concern8 and have com8 acTOSS no other matters in connection with the examination to which attention should be drawn In th[$ raport in order lo enablo a proper understanding of the accounts to be reached. Anjana Hirani IFFA,FTA,FIPA) ngslvy Maybrook Lhnlted Unttec House 2 Albert Place London N31QB Page 4
rEnd 31.3.24 Unr68triGt8d fund 31.3.23 Totsl fund8 Notes INCOME AND ENDOWMENTS FROM Donatlons and lega¢h8 34,905 21.261 EXPENDITURE ON Raising funds 7,243 Charltable acllvlt188 Fo(xlbank operatlon8 25,082 12.389 Total 32.305 12.389 NEf INCOME 2.800 8.872 RECONCIUATION OF FUNDS Total funds brtsught f(Kward 32,223 23,351 TOTAL FUNDS CARRIED FORWARD 34.823 32,223 The not86 form part of the88 financial statemonts Paga S
31.3.24 Unrestri¢ted nd 31.3.23 Total funds Note8 FIXED A88Ef8 Tanglble 88Bats 8.732 6,436 CURREKf ASSETS C88h at bank 29.191 28,188 CREDITORS Amounts falllng due wtthln one year (1,100) (380) NEf CURRENT ASSETS 28,091 25,788 TOTAL ASSETS LES8 CURREKr UABIUnE8 32,223 NET ASSETS 34,823 32,223 FUNDS Unrestrtcted fund8 34,823 32,223 TOTAL FUND8 34.823 32.223 The flnanclal s ments 2(2 re approved by the Board of Truste88 and autlKJrf8ed for 1$8ue on . and were 8igned on ts behalf by." l K Clark- Trust88 The notss fom part of the financlal ststements Page 6
eFh ents ACCOUNTING POLlCle8 Ba819 of propatlng thg Ilnanclal statemonts The flnanc4al stalements ol tho charlty, whlch Is a publlc benefft entmy under FRS 102, have t4en prepared In accord8n¢a vAth the Chadt188 SORP (FRS 1021 'Accountlng and Reportlng by Charlti88.' Statement of Recommended Pradlce appllcabie to charttles preparlng Ihelr accounts in accordance with the Financlal Repong StsrKlard appllcabla in the UK and Republlc of Ireland IFRS 102) (gffecNè 1 January 2019),, Financlal Repong Standard 102 'The FInon81 Reporting Standard appllcablo in the UK and Republic of Ireland, and the Charittes Act 2011. financial stalements have been prepared under the hi8tori¢al cost convent1. In¢omè AH Incomo 18 re¢ognl8ed In the Statement of Flnancl81 Actmtth once the ¢arlty has enlltlement to the fund8, tt18 probable that the Income VAII b6 reCed and the amount can b8 mea8ur8d reli&ly. Expendlturfr Llablllties are Tecogni88d as expgndlture as soon a8 there Is a legal or construdlve obligation mmitting the ¢harty lo that 8XP8nditure, It is probablo that a transfer of onoMiC benefits wlll be Tequlred In setuernent and the amount of the obligalion Can be rneasurod re112bty. Expenditure Is account&l for on an accruals bask and has be8n dasslfied und8r headings that aggrggate all cost related to the calegory. Where costs eAnnot be dlrecty attrfbuted to partlcular headlrys they have been allocated to a¢LhAtles on a ba$ls con8tstent wtth the u88 of resources. Tanglble ffx•d as$•ts DeplatIon is provided at the foliowng annual rat8s In order to wrlte off each a88et over Its 8Stimated u88ful Ilfe. Plant and machinery 26% on eo8t Taxatlon The chanty Is exempt from tax ¢)n IIG charlt8ble adv1@$. Fund accountlng UnrestrEcted funds can be used in accordance wtth tha tharitable objectlves at the d18creUon of the tru8tee8. Rostrlcted tund8 Can onty be us6d for particular reslricted purpo8e8 within c&jects ot the charfty. Restrictions arise en 8p8cified by th6 donor or when fund8 are rai8ed lor parlicular restflcled purposes. Further explanatlon of the nature and purpose of each fund Is Included in th8 note8 to the finandal statements. Donated good• The charity recet¥es a large quantlty of donated food and other goods from Ioc81 8upemarkets and ¢)ther foodbanks. Tho charity does not 18cognlse the valu8 of donated goods In accounts a$ non8 of the goods are sold, nor does the charfty receive any form of Income from the distribullon of the goods. Pag8 7 ¢(nued..,
TRUSTEES, REMUNERATION AND BENEFirJ Ther6 Vlwe no trustees, r9muneration or other benef6t8 for th6 year ended 31 Plarch 2024 n¢x lor ts year ended 31 March 2023. Tru•tO08' expenses Trusteos were pald a tot81 of £4,404 (2023 £4,779) of w8nse$ In thé p8rlod covered by the accounts, for reImtrn8ment offuel ¢08ts for loumeys made on behalf of the Charity COMPARATIVES FOR THE STATEMENT OF FINANCiAL ACTIVITIES Unrestrfcts fund INCOME AND ENDOWMENTS FROM Donatlons and lega¢le8 21,261 EXPENDfTURE ON Charltabl• actfvltle8 Foodbank operatk)n$ 12,389 NEf INCOME 8.872 RECONCILIAT10N OF FUND8 Total fund8 brought fornr 23.351 TOTAL FUND8 CARRIED FORWARD 32.223 Page 8 contlnu&l...
nanc nlnu TANQIBLE FIXED sEr8 Plant and machlnery COST At 1 Aprll 2023 Addlllon¥ 8,878 3,057 At 31 March 2024 11,935 DEPRECIATION Al 1 April 2023 Charge for year 2.443 2.760 At 31 March 2024 5,203 NET BOOK VALUE At 31 March 2024 6,732 At 31 March 2023 8,435 CREDrroR8: Amoupifs FALUNG DUE WITHIN ONE YEAR 31.3.24 31.3.23 other creditors 1,100 380 MOVEMENT IN FUNDS mo¥oment in funds At 1.4.23 31.3.24 Unre8trlcted lunds Genèral fund 32.223 2,800 34,823 TOTAL FUNDS 32.223 2,600 34,823 movement in fijnds, Included in Ihe abov8 are a8 folIty. In¢omlng Resources Movement sources expendad in funds unrn8tr1ct fund5 General furkl 34,905 (32,305> 2,600 TOTAL FUNDS 34.YOS {32,305) Pago 9 contlnued...
en MOVEMENT IN FUND8- contlnuod CoMpar•uv for mov•mont In fund8 Net movement In fund8 At 31.3.23 At 1.4.22 Unrestrlct•d fundo General fund 23,351 8.872 32,223 TOTAL FUNDS 23,351 8,872 32,223 Comparat8 net rnovemont In funds, In¢luded In the above are as fLqIow8: InGoming Resources Movement resour8 expended in funds Unrostrlctsd funds General fund 21,261 112,389) 8,872 TOTAL FUNDS 21.261 <12,389) 8,872 A currant year 12 months and prior y6ar 12 monthg comblned position b as follows., Net M0ment in frjnds Al 1,4,22 31.3.24 Unr88trlctod funds General fund 23,351 11.472 34,823 TOTAL FUNflS 23,351 11,472 34.823 A current year 12 montlK8 and prfor y6ar 12 months combined net movement In lund$, Included Sn the above are as follows.. Incomlng Resour¢e8 Movem6r resourc8s 8xpended In funds Unm8trlctsd funds General fund 58,168 (44,694) 11.472 TOTAL FUNDS 58,186 <44,894) 11,472 Pag8 10 continued...
clal nu RELATED PARTY DISCL08URE8 Th8re ware no relat paty transactions for the yoar ended 31 Mar¢h 2024. Page11
Food S Iled men of Financi 31.3.24 31.3.23 INCOME AND ENDOMIEKf8 Donatlon$ •nd1ogacl88 (1) 13,762 7,500 Donatlon$ Grants 34.903 34,905 21,261 Total Incomlng r980urco8 34,905 21,261 EXPENDITURE Ral•lng donatlon¥ and legaclo8 Fundralsing 7.243 Charltable actlvld Insurance Light and heat W8b8lte Costs Sub8¢rWons Project Costs Food Bought to donate pknt arKI machinery 157 598 1,472 216 1,475 5,612 2,760 157 385 203 2,773 1,973 12.290 5,492 Support C08ts Managemont Wages Telephone Postsge arKI statlonery Repairs to Property 4,210 115 45 1,050 97 899 2,431 4.404 4.477 Flnance Bank ch8rye8 Human re#our¢•s Voluntser Meetiw Costs 508 749 other Travel Costs 6.924 1,291 This page does not fonn part of tho 8tatutory financial 8tatsments ParJ8 12
stat8tnent f F. 31.3.24 31.3.23 other Qovornanco ¢t* AcuntancY and18gal fee8 938 Total re8ource$ expended 32,305 12,389 Net Income 2.600 8,872 Thls page d008 not fomi part of the Statut flnanclal statements Pago 13