Trustees’ Annual Report for the period
From 1.4.2022 Period start date To Period end date
31.3.2023
Charity name:Ivybridge Food bank
Charity registration number:1195218
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | To relieve poverty in our area in particu- lar, but not exclusively, by providing food parcels. To help relieve financial hardship by signposting to in house ad- visor. |
| Summary of the main activi- ties in relation to those pur- poses for the public benefit, in particular, the activities, projects or services identi- fied in the accounts. |
Para 1.17 and 1.19 |
1. To provide food parcel to those re- ferred to us 2. to signpost to other specialist organi- sations i.e. debt relief charities 3. receive donations of food and manage storage and distribution 4. work with funded CAB worker to en- able clients to be self sufficient and independent of food bank. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Com- mission on public benefit |
Para 1.18 | The trustees have had regard to the CC guidance on public benefit |
Additional information (optional)
You may choose to include further statements where relevant about:
SORP reference N/A Para 1.38 Policy on grant making N/A Para 1.38 Policy on social investment including program related investment
| Contribution made by volun- teers |
Para 1.38 | Our organisation is totally dependent on volunteers and we are supported by 30 committed people in this area. The vol- unteers come from all walks of life and work in teams on a rota basis. |
|---|---|---|
| Other | N?A |
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 | IFB has supplied 964 food parcels dur- ing this period to families and single people. That is approximately 2900 peo- ple and the number of children in- creased from last year. We were able to signpost some clients to CAB for debt and housing needs with positive results. We worked with CAB and the local housing people in enabling some clients to become independent of the food bank. We were invited to several organisations to share the work of the Trussell Trust and IFB in particular there by raising the awareness of the local population |
Additional information (optional)
You may choose to include further statements where relevant about:
N/A Achievements against obPara 1.41 jectives set N/A Performance of fundraising activities against objectives Para 1.41 set
| Investment performance against objectives Para 1.41 N/A Other |
|
|---|---|
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s fi- nancial position at the end of the period |
Para 1.21 | We are maintaining our financial stabili- ty but aware that we may have to change some services should the costs go up |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | We hold a reserve which would cover initial costs if we were to lose use of the building or lose food supplies. |
| Amount of reserves held | Para 1.22 | £4000 |
| Reasons for holding zero reserves |
Para 1.22 | |
| Details of fund materially in deficit |
Para 1.24 | |
| Explanation of any uncer- tainties about the charity continuing as a going con- cern |
Para 1.23 |
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 | Donations from individuals, other chari- ties i.e. Rotary and local companies, fi- nancial contribution from supermarket and occasional grants from the Trussell Trust. We also have food donations from a supermarket and Plan B |
|---|---|---|
| Investment policy and objec- tives including any social investment policy adopted |
Para 1.46 | |
| A description of the principal risks facing the charity |
Para 1.46 | Loss of premises, loss of personnel, fi- nancial crisis. |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
Constitution | |
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 |
|
| How is the charity constitut- ed? (e.g unincorporated associa- tion, CIO) |
Para 1.25 | CIO |
| Trustee selection methods including details of any con- stitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | This has been done by word of mouth recommendation and personal interest. We are currently looking for a specific trustee to be a volunteer co-ordinator and will use the Trussell Trust network initially. |
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 | Initial visit then filling in of required forms. Visit where policies are given out, H&S video watched and introduced to the team they will be working with. Monitoring carried out on weekly basis by individual conversation until well set- tled. |
|---|---|---|
| The charity’s organisational structure and any wider network with which the char- ity works |
Para 1.51 | |
| Relationship with any relat- ed parties |
Para 1.51 | |
| Other |
Reference and Administrative details
| Charity name | Ivybridge Food Bank |
|---|---|
| Other name the charity uses | |
| Registered charity number | 1195218 |
| Charity’s principal address The Methodist Church Fore Street IVYBRIDGE PL21 9AB |
|
|---|---|
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (if any) |
|---|---|---|---|---|
| Val Marriott | Chair | |||
| Karen FitzGerald |
Admin Manager | |||
| Jutta Berger | Treasurer | |||
| John Scaffert | IT Manager | |||
| Frank Holoran | Grants/ community contact. |
|||
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 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 segrega- tion of such assets from the charity’s own assets |
n/a |
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
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Signature(s)
Full name(s)
Position (eg Sec-
retary, Chair, etc)
Date
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| Ivybridge and District Foodbank | Ivybridge and District Foodbank | Ivybridge and District Foodbank | Ivybridge and District Foodbank | Ivybridge and District Foodbank | 1195218 | 1195218 | ||
|---|---|---|---|---|---|---|---|---|
| Receipts andpayments accounts | ||||||||
| For the period from |
4/1/22 | To | 3/31/24 | |||||
| Section A Receipts and payments | ||||||||
| Unrestricted funds |
Restricted funds | Endowment funds |
Total funds | |||||
| to the nearest £ | to the nearest £ | to the nearest £ | to the nearest £ | |||||
| A1 Receipts | ||||||||
| Donations | 56,534 | - | - | 56,534 | ||||
| The Trussell Trust-HeatingGrant | 2,000 | - | - | 2,000 | ||||
| Sparkwell Parish Grant | 1,000 | - | - | 1,000 | ||||
| Newham Solar Fund | 500 | - | - | 500 | ||||
| Devon CountyCouncil-Parking | 460 | - | - | 460 | ||||
| - 0 | - | - | - | |||||
| - 0 | - | - | - | |||||
| - 0 | - | - | - | |||||
| Sub total_(Gross income for AR) _ | 60,494 |
- | - | 60,494 | ||||
| A2 Asset and investment sales, (see table). |
||||||||
| - 0 | - 0 | - 0 | - | |||||
| - 0 | - 0 | - 0 | - | |||||
| Sub total | - 0 |
- 0 | - 0 | - | ||||
| **Total receipts ** | 60,494 |
- 0 | - 0 | 60,494 | ||||
| A3 Payments | ||||||||
| Food Purchases | 23,331 | - | - | 23,331 | ||||
| Grant for Energy Costs | 2,000 | - | - | 2,000 | ||||
| Repairs | 142 | - | - | 142 | ||||
| Rent | 1,560 | - | - | 1,560 | ||||
| Sundries | 325 | - | - | 325 | ||||
| Phone | 510 | - | - | 510 | ||||
| Insurance | 393 | - | - | 393 | ||||
| Advertising | 396 | - | - | 396 | ||||
| Parking | 339 | 339 | ||||||
| V Marriott | 106 | 106 | ||||||
| The Trussell Trust-Subscription | 360 | 360 | ||||||
| ICO Fees | 35 | 35 | ||||||
| Accountancy | 336 | - | - | 336 | ||||
| **Sub total ** | 29,833 |
- | - | 29,833 | ||||
| A4 Asset and investment purchases, (see table) |
||||||||
| - 0 | - 0 | - 0 | - | |||||
| - 0 | - 0 | - 0 | - | |||||
| **Sub total ** | - 0 |
- 0 | - 0 | - | ||||
| **Totalpayments ** | 29,833 |
- 0 | - 0 | 29,833 | ||||
| **Net of receipts/(payments) ** | 30,661 |
- | - | 30,661 | ||||
| A5 Transfers between funds | - 0 | - | - | - | ||||
| A6 Cash funds last year end | - 0 | - | - | - | ||||
| **Cash funds thisyear end ** | 30,661 |
- | - | 30,661 | ||||
| Section B Statement of assets and liabilities at the end of the period | ||||||||
| Categories | Details | Unrestricted funds |
Restricted funds | |||||
| to nearest £ | to nearest £ |
CCXX R� accounts (SS)1
09/05/2024
�1
| B1 Cash funds | Bank Account | Bank Account | Bank Account | 48,535 | - | |||
|---|---|---|---|---|---|---|---|---|
| - | - | |||||||
| - | - | |||||||
| Total cash funds | 48,535 | - | ||||||
| (agree balances with receipts and payments account(s)) |
Agreement Error | |||||||
| Unrestricted funds |
Restricted funds | |||||||
| Details | to nearest £ | to nearest £ | ||||||
| B2 Other monetary assets | - | - | ||||||
| - | - | |||||||
| - | - | |||||||
| - | - | |||||||
| - | - | |||||||
| - | - | |||||||
| Details | Fund to which asset belongs |
Cost (optional) | ||||||
| B3 Investment assets | - | |||||||
| - | ||||||||
| - | ||||||||
| - | ||||||||
| - | ||||||||
| Details | Fund to which asset belongs |
Cost (optional) | ||||||
| B4 Assets retained for the charity’s own use |
- | |||||||
| - | ||||||||
| - | ||||||||
| - | ||||||||
| - | ||||||||
| - | ||||||||
| - | ||||||||
| - | ||||||||
| - | ||||||||
| Details | Fund to which liability relates |
Amount due (optional) |
||||||
| B5 Liabilities | Accountancy Fees | 336 | - | |||||
| Accumulated Funds | 48199 | - | ||||||
| - | ||||||||
| - | ||||||||
| - | ||||||||
| Signed by one or two trustees on behalf of all the trustees |
Signature | Print Name | ||||||
CCXX R� accounts (SS)2
09/05/2024
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CC16a
Last year to the nearest £ - - - - - - - - - - 0 - 0 - 0 - - - - - - - - - - - 0 - 0 - - - -
Endowment funds to nearest £ CCXX R� accounts (SS)3
09/05/2024
�3
- OK Endowment funds to nearest £ - - - - - - Current value (optional) - - - - - Current value (optional) - - - - - - - - - When due (optional) Date of approval
CCXX R� accounts (SS)4
09/05/2024
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