2024-12-31-accounts - Crediton Foodbank

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Trustees’ Annual Report for the period

From: 01/07/2023 Period start date To: 31/12/2024 Period end date

Charity name: Crediton Foodbank

Charity registration number: 1195132

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	For the relief or prevention of poverty and hardship, in the provision of food and additional support as the trustees from time-to-time think fit, for the public benefit of any individual, couple, or family living in Crediton or the surrounding area who are in need.
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	The primary activity of the foodbank has been to deliver food parcels to those in need in Crediton and the surrounding areas. This has involved collecting donated food, buying extra items, sorting and storing, understanding the individual needs of clients, making up parcels and getting them into the hands of individuals and families.
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 taken notice of the guidance about public benefit. We believe what we do has great benefit to those in the community.

Additional information (optional) You may choose to include further statements where relevant about:

	SORP reference
Policy on grant making	Para 1.38	N/A
Policy on social investment including program related investment	Para 1.38	N/A
Contribution made by volunteers	Para 1.38	Volunteers are a vital part of our organisation. They collect food from supermarkets, buy food that is needed, sort supplies, package parcels according to individual contacts with users, run a cafe and provide support/information to clients.
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	This report covers an18 month period to come in line with our financial accounting period. During the past 18 months we have distributed 3,031 parcels, which have helped 319 households, feeding 4,071 adults and 2,408 children. The Springboard Partnership with the Churches Housing Action Team has seen people supported with tenancy problems, budgeting and clearing debts, looking for housing including one homeless person and other difficulties. One client, who had issues with alcohol, applied for and was granted the Right to Live in the UK . He then had recourse to public funds and has since found work, no longer drinks too much. The Community Support Advisor continues to help people out of poverty. A new initiative of a Foodbank Cafe started in January, where people are welcomed to come and have a drink and cake and chat whilst waiting for their food parcel and relationships are built with clients so as better to support their needs. Clients can then be referred to the relevant agency or signposted as to where to get help. There is support information and an energy company, Southwest Water, Smoking Cessation and a few other support agencies attend occasionally. A one-off garden clearance has helped a few clients to get their gardens more usable.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against objectives set	Para 1.41	We continue to support the community but do not have specific targets/objectives to meet
Performance of fundraising activities against objectives set	Para 1.41	N/A
Investment performance against objectives	Para 1.41	N/A
Other

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	The foodbank has a positive balance at the end of the year. This is due to the amazing generosity of people in the community. This has included funds for our new Springboard Project.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	Reserves have been held to cover running costs, which include buying fresh food weekly as well as two-years rent and staff costs. Due to the increase in footfall at the Foodbank we have increased our staff including the funding of the Springboard Initiative (a support service) to help people out of poverty and another part-time member of staff to run the Foodbank Café.
Amount of reserves held	Para 1.22	The reserves at the time of this report are £85,164. This includes £25k for our Springboard partnership, so effectively our reserves are down about £10k
Reasons for holding zero reserves	Para 1.22	N/A
Details of fund materially in deficit	Para 1.24	N/A
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	The high cost-of-living is still having an impact, and this has begun to affect donations which have decreased slightly, as well as the number of people needing the foodbank, which has increased greatly. The rise in energy bills is a factor in this. We can’t guarantee that we will have enough money to fund all the activities we would like to do, but at present we are confident that we can continue in the short and medium-term.
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	Our principal source of income is the generous donations of food people make at local supermarkets and in the local community drop off points. We also rely on donations of money from supporters, in person, through standing orders and via the donation button on our website. This year have benefitted from a couple of fund- raising events both as donations and events we have run ourselves
Investment policy and objectives including any social investment policy adopted	Para 1.46	N/A

A description of the principal risks facing the charity	Para 1.46	There has been a slight reduction in regular donations, but harvest time, Christmas and special collections at supermarkets have allowed us to break even although this is our biggest risk.
Other

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	We have a constitution that is available for anyone to read and is on our website.
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	Charitable Incorporated Organisation
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	Trustees are elected by those who are presently serving as trustees, to meet the needs of the organisation

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	Trustees are given copies of the policies and procedures, and direction for their role on the board
The charity’s organisational structure and any wider network with which the charity works	Para 1.51	The charity is governed by the trustees. A coordinator for the foodbank is employed to direct and manage the day-to-day running of the foodbank and volunteers. A support advisor is funded by the Foodbank and employed and managed by the Churches Housing Action Team
Relationship with any related parties	Para 1.51	N/A
Other

Reference and Administrative details

Charity name	Crediton Foodbank
Other name the charity uses
Registered charitynumber	1195132

Charity’s principal address

The Manse, Crediton Congregational Church 98 High Street Crediton EX17 3 LB

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Dates acted if not for whole year
Christine Parsons	Chair
Lee Bridger	Treasurer
Mel Gard	Communications	From 19/03/2024
Rachel Taylor
Elizabeth Wainwright		Resigned 03/01/2024
Antonia Tregenza
Julian Gebler
Lewis Eden		Resigned 03/09/2024
Peter Bunn		From 28/9/2023

– Corporate trustees names of the directors at the date the report was approved Director name N/A

Name of trustees holding title to property belonging to the charity

Trustee name	Dates acted if not for whole year
N/A

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity	N/A
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects	N/A
Details of arrangements for safe custody and segregation of such assets from the charity’s own assets	N/A

Additional information (optional)

Names and addresses of advisers (Optional information)

Names and addresses of advisers (Optional information)	Names and addresses of advisers (Optional information)	Names and addresses of advisers (Optional information)
Type of adviser Name Address
N/A

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

N/A

Exemptions from disclosure

Reason for non-disclosure of key personnel details

N/A

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) Position (eg Secretary, Chair, etc) Date	Christine Parsons	Lee Bridger
	Christine Parsons	Lee Bridger
	Chair	Treasurer
	15/10/25
	15/10/25

Crediton Foodbank Registered Charity No. 1195132 Account of Receipts and Payments 18 Months to 31st December 2024

----- Start of picture text -----
18 months 12 months
2024 June 2023
Income
Donations 74,751 52,892
Grant 0 8,539
Gift Aid 4,802 6,850
Total Income £79,553 £68,281
Expenditure
Food Purchase 25,870 13,657
Salaries and Expenses 26,581 9,858
Rent & Insurance 9,618 4,106
Admin & Resources 1,823 1,680
Electricity & Other Costs 326 963
Springboard 0 27,668
Total Expenditure £64,218 £57,931
Net Income £15,334 £10,350
Funds
Opening Funds 69,830 59,480
Net Income 15,334 10,350
Closing Funds £85,164 £69,830
Represented By
Balances at Banks:
HSBC 57,365 68,351
Barclays 28,957 1,431
Credit Card -1,158
Petty Cash 47
£85,164 £69,830
----- End of picture text -----

I have compared this account of receipts and payments with the charity's bank statements and found it to be in accordance therewith.

I have not carried out an audit.

F. J . Oliver 29th September 2025

Crediton Foodbank Registered Charity No. 1195132 Account of Receipts and Payments 18 Months to 31st December 2024

I have compared this account of receipts and payments with the charity's bank statements and found it to be in accordance therewith.

I have not carried out an audit.

F. J . Oliver 29th September 2025