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2024-12-31-accounts

Trustees’ Annual Report for the period

From 01/01/2024 Period start date To 31/12/2024 Period end date

Charity name: FEED THE NEED COALVILLE

Charity registration number: 1194626

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document
Para 1.17 The relief of poverty in Coalville and
surrounding villages by providing food and
other essentials to people in need. The
provision of information, advice, and
referral services to help people in need to
improve their economic and material
circumstances.
Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.
Para 1.17 and
1.19
We continued to deliver our food bank
service over 2024, with a slightly lower
demand on our services than in 2023.
We continue to retain a core group of
wonderful volunteers and work with a local
business that donates fresh food to us
every week. Their staff also volunteer with
us.
We had great success selling our excess
fresh food through Too Good to Go, with
the profits more than covering our rent
costs.
We were shortlisted for the Community
Wellbeing Award at the RCC Leicestershire
& Rutland Awards.
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit
Para 1.18 The trustees have followed the guidance
from the Charity Commission on Public
benefit

Additional information (optional)

You may choose to include further statements where relevant about:

SORP reference Para 1.38 Policy on grant making Para 1.38

Policy on social investment
including program related
investment
Contribution made by
volunteers
Para 1.38 39 individuals volunteered with us over
2024.
Other

Achievements and Performance

SORP reference
Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.
Para 1.20 We gave out nearly 4,900 food parcels in
2024.
We helped 620 families in total over the
year, which equates to 1,036 adults and
510 children.

Additional information (optional)

You may choose to include further statements where relevant about:

Achievements against
objectives set
Para 1.41
Performance of fundraising
activities against objectives
set
Para 1.41
Investment performance
against objectives
Para 1.41
Other

Financial Review

Financial Review
Review of the charity’s
financial position at the end
of the period
Para 1.21 The account has £44,386.38.
Statement explaining the
policy for holding reserves
stating why they are held
Para 1.22 We aim to keep 6 months’ worth of rent in
reserve as we are in a 5 year lease. 6
months gives us enough time to look for
more funding.
Amount of reserves held Para 1.22 £3,000
Reasons for holding zero
reserves
Para 1.22
Details of fund materially in
deficit
Para 1.24 None
Explanation of any
uncertainties about the
charity continuing as a going
concern
Para 1.23 None

Additional information (optional)

You may choose to include further statements where relevant about:


The charity’s principal
sources of funds (including
any fundraising)

Para 1.47
Investment policy and
objectives including any
social investment policy
adopted
Para 1.46
A description of the principal
risks facing the charity
Para 1.46
Other

Structure, Governance and Management

Description of charity’s
trusts:
Type of governing document
(trust deed, royal charter)
Para 1.25 Constitution
How is the charity
constituted?
(e.g unincorporated
association, CIO)
Para 1.25 CIO
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees
Para 1.25 The current trustees are mid-term. Towards
the end of their term, new trustees will be
sought.

Additional information (optional)

You may choose to include further statements where relevant about:


Policies and procedures
adopted for the induction
and training of trustees

Para 1.51
The charity’s organisational
structure and any wider
network with which the
charity works
Para 1.51
Relationship with any related
parties
Para 1.51
Other

Reference and Administrative details

Charity name FEED THE NEED COALVILLE
Other name the charity uses
Registered charity number 1194626
Charity’s principal address REAR OF 74 HIGH STREET
COALVILLE
LEICESTERSHIRE
LE67 3EE

Names of the charity trustees who manage the charity

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Trustee name Office (if any) Dates acted if not for whole
year
Name of person (or body) entitled
to appoint trustee (ifany)
Sarah Holey Chair, Treasurer
Marina Brooks
Carmel O’Brien
Karen Kowalski
Lauren Walker

– Corporate trustees names of the directors at the date the report was approved

Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets None held in this capacity Name and objects of the None charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for None safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address adviser

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Sarah Jayne Holey

Position (eg Secretary, Chair Chair, etc)

Date

28[th] October 2025

Feed the Need Coalville Financial Report for 2024 1st January - 31st December

Income Expenditure
Balance B/fwd 1st January 2024 £ 16,325.57
Grant £ 59,440.47
Food £ 22,253.33
TGTG £ 7,569.23
Grant returns* £ 9,879.42
Donation £ 5,019.44
Rent* £ 6,500.00
Misc £ 260.13
Marketing £ 2,157.20
Lottery £ 1,465.00
Bins £ 1,248.77
Fundraising £ 1,309.01
Cleaning/toiletries £ 1,233.50
Bank account interest £ 1.64
Volunteer expenses £ 1,139.65
Energy £ 698.13
Pet food £ 460.51
Equipment £ 422.91
Misc £ 347.45
Insurance £ 287.08
Lottery £ 227.00
Mobile £ 149.16

Balance c/fwd £ 44,386.38 Total £ 91,390.49 Total £ 91,390.49

Balance B/fwd at 1 January 2025 £ 44,386.38

*Notes:

Additional rent payments were made which bounced back as our landlord changed their bank details without notifying us. The above figure shows the amount spent on rent, excluding these payments and returns.

Some grant money was returned to Awards for All as we were not able to spend it in the way we intended.

big_saz@hotmail.com

From: Robin Duke robinduke@hotmail.com Sent: 12 September 2025 12:56 To: Sarah Holey Subject: Food Bank 2024 Follow Up Flag: Follow up Flag Status: Flagged

Hello Sarah

I have completed the examination of the accounts for Feed The Need – Coalville 2024 as presented and checked the financial report against the accounts, the opening balance against the 2023 Accounts and the closing balances against the statements.

In connection with my examination, no matter has come to my attention which gives me reasonable cause to believe that in any material respect the requirements

Comments:

The financial report format continues to work well. It is easy to check the balances from the bank statements and identify from the account sheet the income and expenditure amounts. I see that you have implemented the suggestion to use the categories as column headers. Unfortunately it does not seem to have reduced your workload. You now have 800+ rows when you had 655 rows in 2023!!! Sorry!!

Would it work better to separate the accounts into monthly income and expenditure? The totals would then link into an annual summary sheet and then into the Financial Report. The advantage is that every entry would automatically update the summaries and the Financial Report.

If you are interested I can send you a draft that I have used in the past for colleagues

Trust that this is of use

Regards

Robin

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