Company registration number CE025635 (England and Wales) Charity registration number 1195019 (England and Wales)
HOPE FOOD NORTH BIRMINGHAM
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
HOPE FOOD NORTH BIRMINGHAM
LEGAL AND ADMINISTRATIVE INFORMATION
| Trustees | Ms D Middleton | |
|---|---|---|
| Mrs T M Clements | ||
| Mr B Woolcock | ||
| Country of incorporation | United Kingdom | CE025635 |
| (England and Wales) | ||
| Charity registration | England and Wales | 1195019 |
| Principal address | 407 Jockey Road | |
| Sutton Coldfield | ||
| West Midlands | ||
| B73 5XH | ||
| Registered office | 407 Jockey Road | |
| Sutton Coldfield | ||
| West Midlands | ||
| B73 5XH | ||
| Accountants | LMH Accountants Limited T/A Trevor Jones & Co | |
| Old Bank Chambers | ||
| 582-586 Kingsbury Road | ||
| Erdington | ||
| Birmingham | ||
| B24 9ND |
HOPE FOOD NORTH BIRMINGHAM
CONTENTS
| Page | |
|---|---|
| Trustees report | 1 - 3 |
| Accountants' report | 4 |
| Statement of financial activities | 5 |
| Balance sheet | 6 |
| Notes to the financial statements | 7 - 13 |
HOPE FOOD NORTH BIRMINGHAM
TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 30 APRIL 2025
The Trustees present their annual report and financial statements for the year ended 30 April 2025.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the Charity's governing document, the Companies Act 2006 and "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).
Objectives and activities
To relieve poverty and financial hardship amongst those in need by reason of food poverty in areas of deprivation primarily in north Birmingham through providing food parcels and a hot meal, providing pop up foodbanks events in the community and redistributing any surplus food to foodbanks.
The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the Charity should undertake.
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HOPE FOOD NORTH BIRMINGHAM
TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2025
Achievements and performance
Hope Food North Birmingham has completed its fourth year as a food bank charity and has helped by providing fresh, frozen, and long-life food regularly to families and individuals living in food poverty.
During the year, Hope Food secured a permanent base at the old scout hut at Streetly Methodist Church. We are extremely grateful to the church for making the hut available and for making us feel welcome. The base meets our needs perfectly in terms of availability and size and the volunteers welcome the fact it is properly heated.
We now have over 100 volunteers working to collect, sort and give out fresh, frozen and long-life food. In April 2025 it took 452 volunteer-hours (on average) to run the charity for a week. The food is distributed to local beneficiaries at two foodbanks in Sutton Coldfield (Falcon Lodge and Mere Green) and one in Erdington (Stockland Green) for 49 weeks of the year.
The 3 foodbanks held during the week commencing 7 April 2025 welcomed 233 visitors and the food supplied helped to feed 462 beneficiaries. This represents a 9 per cent increase over the equivalent week the previous year’s and creates a challenging environment both in terms of quantity of food required and volunteer numbers. The number of beneficiaries has continued to grow throughout the year.
In addition, parcels were delivered to 20 struggling households unable to attend our food days, helping to feed a further 33 people.
Often food collected from supermarkets in the evenings must be used before midnight, so volunteers take this to a hostel in Birmingham four days a week and also to a women’s refuge in North Birmingham one day a week.
Two days a week volunteers collect donations in the early morning from Birmingham Wholesale Markets. We work in harmony with the Food Justice Network (who are based there). This collaboration has been very positive and we now receive from them 100 frozen soups/vegetarian dishes a week made by them from end of life produce collected from the market.
All volunteers that handle food have undertaken training in food hygiene, manual handling, and safeguarding. We also ran a course on Quick Books for the finance team. We also ran a drug awareness course in conjunction with Stockland Green Methodist Church to raise awareness amongst our volunteers of the issues many of our clients have and how to react to them.
There continues to be a waiting list for interested volunteers wishing to support Hope Food.
The volunteer team has made a positive difference to beneficiaries’ health and well-being by sourcing surplus fresh bread, fruit, and vegetables every week from a range of supermarkets, the local wholesale fresh food market and occasionally local farmers. Our reach for food collections extends across Birmingham, Lichfield, and Sutton Coldfield.
Our foodbank sessions are contributing to the national nutritional guidelines of five fruits/vegetables a day which is particularly important to families during the school holidays. The foodbank received several significant grants to provide fresh eggs and milk (sourced from a local farmer) which also boosts the health and well-being of all foodbank attendees.
Our generous donors also provide us with clothing and other non-food donations which we pass on to our clients when we have accumulated a sufficient quantity. We pass on toiletries and pet food at all our food days, and second-hand clothing at our Stockland Green food day. During the year one of our volunteers forged links with Pets at Home which has led to them making regular donations of petfood, so this now forms a regular part of our offering.
There is also a wider benefit to society, in the charity’s commitment to preventing fresh food being sent to landfill because it is close to its expiry date. We redirect this food to those in food poverty. An example of our commitment to preventing food waste and supporting the most vulnerable is our hostel delivery initiative. Sandwiches and other ready-to-eat items with a midnight expiry date are delivered shortly before that deadline to hostels for the homeless and vulnerable in Birmingham four nights a week every week of the year.
Hope Food has partnered with several local agencies, such as Social Services, Citizens Advice and Trident Domestic Abuse Service who attend one or more of our foodbank sessions. They provide an outreach service to foodbank attendees who may not be able to, or lack the confidence to talk to, social services workers and other advice workers in more formal settings. In this way the foodbank has broken down barriers to accessing supportive services in a confidential space.
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HOPE FOOD NORTH BIRMINGHAM
TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2025
Hope Food is grateful for funds received this year from grant making trusts, companies and individuals and donations of food from schools, faith groups and businesses. This year the donations made to us during Harvest Festival and the Christmas season were even more generous and helped us stretch our cash resources used for buying staple foods. Our list of donors (corporate, individual, and other organisations) continues to grow.
Our volunteers also make de facto contributions by using their vehicles on charity business without recompense.
The trustees of Hope Food are aware that the charity is facing a difficult year ahead as the numbers using our services continue to grow. We are aware of other food banks in our area having difficulties which may have a knock on effect on our operations. We nonetheless believe that we have developed relations with a wider ranging donor base, and a range of cross sector partnerships in 2025 which will enable us to continue our service in the coming year.
Financial review
Total funds of £24,305 were held as of 30 April 2025. These consist of unrestricted reserves of £23,509 and restricted reserves of £796, the details for these are as follows.
Unrestricted reserves are considered to be sufficient to cover the expenditure over the coming year. Restricted funds being held are excess grant funding left to be used in the following year.
It is the policy of the Charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The Trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the Charity’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.
The charity currently holds reserves that are sufficient to cover 3-6 months worth of expenditure. This is in line with the reserves policy set by the Trustees.
Structure, governance and management
The Charity is a charitable incorporated organisation.
The Trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:
Ms D Middleton
Mrs T M Clements
Mr B Woolcock
The trustees are appointed every three years at a properly convened meeting in accordance with the governing document.
None of the Trustees has any beneficial interest in the company.
The Trustees report was approved by the Board of Trustees.
Ms D Middleton
Trustee
27 January 2026
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HOPE FOOD NORTH BIRMINGHAM
CHARTERED ACCOUNTANTS' REPORT TO THE TRUSTEES ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF HOPE FOOD NORTH BIRMINGHAM FOR THE YEAR ENDED 30 APRIL 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Hope Food North Birmingham for the year ended 30 April 2025, which comprise the statement of financial activities and the related notes from the charity’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.
This report is made to the charity's Trustees, as a body, in accordance with the terms of our engagement letter dated 10 December 2024. Our work has been undertaken solely to prepare for your approval the financial statements of Hope Food North Birmingham and state those matters that we have agreed to state to the charity's Trustees, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Hope Food North Birmingham and the charity's Trustees as a body, for our work or for this report.
It is your duty to ensure that Hope Food North Birmingham has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and deficit of Hope Food North Birmingham. You consider that Hope Food North Birmingham is exempt from the statutory audit requirement for the year, and is not required to obtain an independent examiner's report.
We have not been instructed to carry out an audit or a review of the financial statements of Hope Food North Birmingham. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
LMH Accountants Limited T/A Trevor Jones & Co
Chartered Accountants Old Bank Chambers 582-586 Kingsbury Road Erdington Birmingham B24 9ND 27 January 2026
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HOPE FOOD NORTH BIRMINGHAM
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 30 APRIL 2025
| Unrestricted Restricted funds funds 2025 2025 Notes £ £ Income from: Donations and legacies 3 35,018 52,909 Total income 35,018 52,909 Expenditure on: Charitable activities 4 38,858 60,013 Other expenditure 7 2,160 - Total expenditure 41,018 60,013 Net income/(expenditure) and movement in funds (6,000) (7,104) Reconciliation of funds: Fund balances at 1 May 2024 29,509 7,900 Fund balances at 30 April 2025 23,509 796 |
Total Unrestricted Restricted funds funds 2025 2024 2024 £ £ £ 87,927 57,418 47,913 87,927 57,418 47,913 98,871 41,213 40,013 2,160 - - 101,031 41,213 40,013 (13,104) 16,205 7,900 37,409 13,304 - 24,305 29,509 7,900 |
Total 2024 £ 105,331 |
|---|---|---|
| 105,331 | ||
| 81,226 - |
||
| 81,226 | ||
| 24,105 13,304 |
||
| 37,409 |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
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HOPE FOOD NORTH BIRMINGHAM
BALANCE SHEET
AS AT 30 APRIL 2025
| Notes Fixed assets Tangible assets 9 Current assets Stocks 10 Debtors 11 Cash at bank and in hand Creditors: amounts falling due within one year 12 Net current assets Total assets less current liabilities The funds of the Charity Restricted income funds 13 Unrestricted funds |
2025 £ 2,031 1,323 13,820 17,174 (2,223) |
£ 9,354 14,951 24,305 796 23,509 24,305 |
2024 £ 2,046 2,972 30,628 35,646 (1,689) |
£ 3,452 33,957 |
|---|---|---|---|---|
| 37,409 | ||||
| 7,900 29,509 |
||||
| 37,409 |
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 30 April 2025.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the Trustees on 27 January 2026
Ms D Middleton Trustee
Mr B Woolcock Trustee
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HOPE FOOD NORTH BIRMINGHAM
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
1 Accounting policies
Charity information
Hope Food North Birmingham is a private company limited by guarantee incorporated in England and Wales. The registered office is 407 Jockey Road, Sutton Coldfield, West Midlands, B73 5XH.
1.1 Basis of preparation
The financial statements have been prepared in accordance with the Charity's governing document, the Companies Act 2006, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "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). The Charity is a Public Benefit Entity as defined by FRS 102.
The Charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.
The financial statements are prepared in sterling, which is the functional currency of the Charity. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2 Going concern
At the time of approving the financial statements, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
1.4 Income
Income is recognised when the Charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the Charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the Charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
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HOPE FOOD NORTH BIRMINGHAM
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2025
1 Accounting policies
(Continued)
1.5 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.
Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Plant and equipment 25% straight line Fixtures and fittings 25% straight line Motor vehicles 20% reducing balance
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.
1.7 Impairment of fixed assets
At each reporting end date, the Charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).
1.8 Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. Items held for distribution at no or nominal consideration are measured the lower of replacement cost and cost.
Net realisable value is the estimated selling price less all estimated costs of completion and costs to be incurred in marketing, selling and distribution.
1.9 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
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HOPE FOOD NORTH BIRMINGHAM
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2025
1 Accounting policies
(Continued)
1.10 Financial instruments
The Charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the Charity's balance sheet when the Charity becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the Charity’s contractual obligations expire or are discharged or cancelled.
2 Critical accounting estimates and judgements
In the application of the Charity’s accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
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HOPE FOOD NORTH BIRMINGHAM
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2025
3 Income from donations and legacies
| Unrestricted Restricted funds funds 2025 2025 £ £ Donations and gifts 35,018 418 Grants - 52,491 35,018 52,909 |
Total Unrestricted Restricted funds funds 2025 2024 2024 £ £ £ 35,436 55,918 2,587 52,491 1,500 45,326 87,927 57,418 47,913 |
Total 2024 £ 58,505 46,826 |
|---|---|---|
| 105,331 |
4 Expenditure on charitable activities
| Unresticted funds Restricted funds 2025 2025 £ £ Direct costs Depreciation and impairment 938 - Food purchased and donated 20,694 50,972 Bank charges 77 - Cost of waste removal 5,159 - Repairs & renewals 2,592 - Accountancy 1,040 - Insurance 1,053 - Promotional material 279 - Printing and stationery 482 - Rent 5,620 4,508 Computer running costs 375 - Telephone 324 - Volunteer training 464 - Other charitable expenditure 4,294 - Contribution to costs (4,533) 4,533 38,858 60,013 Analysis by fund Unrestricted funds 38,858 - Restricted funds - 60,013 38,858 60,013 |
Total Unresticted funds Restricted funds 2025 2024 2024 £ £ £ 938 492 - 71,666 31,644 30,610 77 72 - 5,159 2,531 - 2,592 1,953 - 1,040 987 - 1,053 873 - 279 79 - 482 282 - 10,128 2,867 5,172 375 351 - 324 324 - 464 31 728 4,294 2,230 - - (3,503) 3,503 98,871 41,213 40,013 38,858 41,213 - 60,013 - 40,013 98,871 41,213 40,013 |
Total 2024 £ 492 62,254 72 2,531 1,953 987 873 79 282 8,039 351 324 759 2,230 - |
|---|---|---|
| 81,226 | ||
| 41,213 40,013 |
||
| 81,226 |
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HOPE FOOD NORTH BIRMINGHAM
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2025
| 5 | Net movement in funds | 2025 | 2024 |
|---|---|---|---|
| £ | £ | ||
| The net movement in funds is stated after charging/(crediting): | |||
| Depreciation of owned tangible fixed assets | 938 | 492 | |
| Loss on disposal of tangible fixed assets | 2,160 | - |
6 Trustees
None of the Trustees (or any persons connected with them) received any remuneration or benefits from the Charity during the year.
7 Other expenditure
| Unrestricted | Unrestricted | |
|---|---|---|
| funds | funds | |
| 2025 | 2024 | |
| £ | £ | |
| Net loss on disposal of tangible fixed assets | 2,160 | - |
8 Taxation
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
9 Tangible fixed assets
| Tangible fixed assets | ||||
|---|---|---|---|---|
| Plant and | Fixtures and | Motor | Total | |
| equipment | fittings | vehicles | ||
| £ | £ | £ | £ | |
| Cost | ||||
| At 1 May 2024 | 680 | 313 | 3,000 | 3,993 |
| Additions | - | - | 9,000 | 9,000 |
| Disposals | - | - | (3,000) | (3,000) |
| At 30 April 2025 | 680 | 313 | 9,000 | 9,993 |
| Depreciation and impairment | ||||
| At 1 May 2024 | 209 | 32 | 300 | 541 |
| Depreciation charged in the year | 170 | 78 | 690 | 938 |
| Eliminated in respect of disposals | - | - | (840) | (840) |
| At 30 April 2025 | 379 | 110 | 150 | 639 |
| Carrying amount | ||||
| At 30 April 2025 | 301 | 203 | 8,850 | 9,354 |
| At 30 April 2024 | 471 | 281 | 2,700 | 3,452 |
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HOPE FOOD NORTH BIRMINGHAM
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2025
| 10 Stocks Food 11 Debtors Amounts falling due within one year: Other debtors Prepayments and accrued income 12 Creditors: amounts falling due within one year Trade creditors Accruals and deferred income |
2025 £ 2,031 2025 £ 418 905 1,323 2025 £ 1,183 1,040 2,223 |
2024 £ 2,046 |
|---|---|---|
| 2024 £ 2,587 385 |
||
| 2,972 | ||
| 2024 £ 699 990 |
||
| 1,689 |
13 Restricted funds
The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.
| At | 1 | May | 2024 | Incoming | Resources | At | 30 | April | |
|---|---|---|---|---|---|---|---|---|---|
| resources | expended | 2025 | |||||||
| £ | £ | £ | £ | ||||||
| 7,900 | 52,909 | (60,013) | 796 | ||||||
| Previous year: | At | 1 | May | 2023 | Incoming | Resources | At | 30 | April |
| resources | expended | 2024 | |||||||
| £ | £ | £ | £ | ||||||
| - | 47,913 | (40,013) | 7,900 |
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HOPE FOOD NORTH BIRMINGHAM
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2025
14 Analysis of net assets between funds
| Unrestricted Restricted funds funds 2025 2025 £ £ At 30 April 2025: Tangible assets 9,354 - Current assets/(liabilities) 14,155 796 23,509 796 Unrestricted Restricted funds funds 2024 2024 £ £ At 30 April 2024: Tangible assets 3,452 - Current assets/(liabilities) 26,057 7,900 29,509 7,900 |
Total 2025 £ 9,354 14,951 |
|---|---|
| 24,305 | |
| Total 2024 £ 3,452 33,957 |
|
| 37,409 |
15 The purposes for which the funds are used
Unrestricted Funds
These funds are held for meeting the objectives of the charity, and to provide reserves for future activities. Subject to charity legislation, these funds are free from all restrictions on their use.
Restricted Funds
Sutton Coldfield Charitable Trust
This is funding to support food bag donations to the Sutton public, costs for premises rental, and core costs to support the charity's objectives.
St James Place
This funding provided to support the purchase of milk and eggs for individuals in need in Erdington.
Birmingham City This is funding provided to be primarily used for food purchases but can a Council purchase hygiene, baby and pet products if needed.
16 Related party transactions
There were no disclosable related party transactions during the year.
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