2025-03-31-accounts - Ivybridge & District Foodbank

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CHARITY NUMBER 1195218

IVYBRIDGE & DISTRICT FOODBANK

REPORT AND ACCOUNTS

FOR THE YEAR ENDED

31 March 2025

IVYBRIDGE & DISTRICT FOODBANK

REPORT AND ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2025

CONTENTS	PAGES
CHARITY INFORMATION	1
INDEPENDENT EXAMINER'S REPORT	3
RECEIPTS AND PAYMENTS ACCOUNT	4
BALANCE SHEET	5-6
NOTES TO THE UNAUDITED FINANCIAL STATEMENTS	7-8

Iyybridge & District Foodbank

Trustees' Annual Report for the year ended 31 March 2025

The Trustees of Ivybridge Foodbank present their annual report, together with the financial summary for the year ending 31 March 2025. Ivybridge Foodbank exists to support individuals and families experiencing crisis within Ivybridge and surrounding communities, providing emergency food, compassion, and signposting to further help.

Reference and administrative details

The charity name.

The legal name of the charity is: - Ivybridge & District Foodbank.

The charity's areas operation and UK charitable registration.

The charity is registered in England & Wales with the Charity Commission in England & Wales (CCEW) with charity number 1195218.

The principal operating address, telephone number and email and web

address of the charity are: - Methodist Church, Fore Street Ivybridge, PL21 9AB Telephone 07706457336

Email: info@ivybridge.foodbank.org.uk

Website:

https://ivybridgefoodbank.org.uk

Ivybridge & District Foodbank

Trustees' Annual Report for the year ended 31 March 2025

Trustees in office on the date the report was approved were:

Maureen Scoble

Valerie Marriott

Jutta Berger

Edward John Schaffert

Karen Ann Fitzgerald

Frank Holloran

Ivybridge & District Foodbank

Trustees' Annual Report for the year ended 31 March 2025

2. Objectives and Activities

Charitable Objectives

To relieve poverty and financial hardship in Ivybridge and nearby areas.
To distribute emergency food parcels to people in crisis.
To provide support, advice, and signposting to appropriate services.

Public Benefit

The Trustees confirm that the Foodbank’s activities remain aligned with the Charity Commission’s guidance on public benefit.

Main Activities

Receiving, storing, and distributing donated food.
Operating foodbank sessions for referred clients.
Working with local agencies including Citizens Advice, schools, housing providers, and healthcare professionals.
Offering hygiene packs, additional crisis support, and financial inclusion guidance.

3. Achievements and Performance (2024/2025)

Service Provision

During the year, 1,792 food parcels were distributed to people in crisis:

Adults: 1,135
Children: 656
Total: 1,792 parcels

We also noted a significant increase in senior clients , highlighting a growing need among older residents facing financial hardship.

Key Developments

Continued partnership with South Hams Citizens Advice Bureau (SHCAB) , supporting clients with advice and referrals.
Our financial inclusion project , delivered with SHCAB, has been extremely successful. Many clients have become financially independent, with others progressing steadily toward stability.
Strengthened volunteer training across safeguarding, client care, and operational processes.

Page 1

Ivybridge & District Foodbank

Trustees' Annual Report for the year ended 31 March 2025

Community Support & Donations

The Foodbank has experienced a drop in regular donations this year; however:

School harvest festivals
The Tesco Lee Mill permanent collection point , and
The November National Collection , supported by Tesco staff

all helped replenish stock levels significantly and ensured continued service to clients.

We remain deeply grateful to the local community, businesses, and organisations for their ongoing kindness and generosity. We extend special thanks to the Methodist Church , who continue to host us.

Volunteers

Our service is only possible because of our wonderful team of over 31 volunteers , who give their time generously to support food sorting, packing, distribution, admin, and logistics. The Trustees wish to express heartfelt thanks for their commitment and compassion.

4. Structure, Governance & Management

The Ivybridge Foodbank is run under the umbrella of the Trussell Trust with the backing of a regional and national network The Foodbank is run by a Board of six Trustees , who oversee strategic direction, finances, governance, and safeguarding. Trustees meet regularly throughout the year to ensure the organisation operates safely, legally, and in line with its charitable objectives.

5. Plans for 2025/2026

Strengthen partnerships addressing hidden and chronic food insecurity.
Continue expanding the financial inclusion programme, building on this year's successes.
Further support older clients as demand among seniors continues to rise.
Increase resilience in stock management to address donation fluctuations.
Invest in volunteer development and operational improvements.

Page 2

Ivybridge & District Foodbank

Trustees' Annual Report for the year ended 31 March 2025

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF IVYBRIDGE & DISTRICT FOODBANK FOR THE YEAR ENDED 31 MARCH 2025

I report on the accounts of the Charity for the year ended 31 March 2025, which are set out on pages 3 to 5.

Respective responsibilities of Trustees and Independent

The Charity's Trustees are responsible for the preparation of the accounts. The Charity's Trustees consider that an audit is not required for this year, under section 144(2) of the Charities Act 2011, (The Charities Act), and that an independent examination has been requested.

It is my responsibility:

1) to examine the accounts under section 145 of The Charities Act
2) to follow the procedures laid down in the General Directions given by the Charity Commission, (under Section 145(5)(b) of The Charities Act), and
3) to state whether particular matters have come to my attention.

Basis of Independent Examiner's statement

My examination was carried out in accordance with General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the Charity's Trustees concerning such matters. The procedures undertaken do not provide all of the evidence that would be required in an audit and, consequently, I do not present an audit opinion on the accounts.

Independent Examiner's Statement

In connection with my examination, no matters have come to my attention:

1) which gives me reasonable cause to believe that, in any material respect, the requirements: to keep accounting records in accordance with Section 130 of the Charities Act; or to prepare accounts which accord with the accounting records have not been met; or

2) to which, in my opinion, attention should be drawn, in order to enable a proper understanding of the accounts to be reached.

26 January 2025

Merlin Mbahin of, CLEAR BLUE SKY ACCOUNTANCY LTD 30B CITY BUSINESS PARK, PLYMOUTH DEVON, PL3 4BB

Page 3

Ivybridge & District Foodbank Trustees' Annual Report for the year ended 31 March 2025

IVYBRIDGE & DISTRICT FOOD BANK

RECEIPTS AND PAYMENTS ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2025

RECEIPTS Donations CAF GOLD Grant Tesco Top Up The Thussell Trust-Heating Grant Gross Bank Interest Received TOTAL RECEIPTS PAYMENTS Food Purchases First Aid Repairs Rent Sundries Safegarding course Insurance Advertising Citizens Advice Phone and internet Parking V Marriott The Trussell Trust-Subscription ICO Fees Stationery, Postage and Printing Training Depreciation Uniform Copyright Error fine Accountancy TOTAL PAYMENTS NET SURPLUS FOR THE YEAR MOVEMENT OF FUNDS Opening Current Asset Balance Add/(Less) Movement in the year Represented by: Closing Current Asset Balance Closing Balance	2025 £ 18,471 33,969 2,757 0 207 55,404 22,214 218 18 1,500 0 82 413 187 23,987 108 460 0 360 35 64 25 325 625 285 840 51,746 3,658 30,261 3,658 33,919 33,919 33,919	2024 £ 18,618 0 0 3,962 214	2024 £ 18,618 0 0 3,962 214
			22,794
			25,454 0 292 1,451 73 0 434 0 11,778 0 410 108 360 35 0 0 0 0 0 336
			40,731

			(17,937)
			48,198 (17,937)
			30,261
			30,261
			30,261

The notes on page 5 form part of these financial statements.

Page 4

IVYBRIDGE & DISTRICT FOODBANK

BALANCE SHEET

FOR THE YEAR ENDED 31 MARCH 2025

Note Fixed assets Tangible assets 3 Current assets Cash at bank and in hand 33,783 Total current assets 39,261 Creditors: amounts falling due within one year 4 (840) Net Current Assets Total assets of the charity Total assets of the charity are funded by the funds of the charity, Restricted funds Restricted Revenue Funds 0.00 Restricted Fixed Asset Funds - Unrestricted Funds Unrestricted Revenue Funds 33,919 Designated Funds Designated Fixed Asset Funds Total charity funds	33,783		2025 £ 976 32,943	30,597	2024 £ 0.00 30,261 30,261 0.00 30,261
	39,261 (840)			30,597 (336)
	charity, 0.00 -			0.00 -
			33.919 follows: - 0.00 33,919 33,919
		as
33,919

					30,261

The charity is subject to Independent Examination under charity legislation, and the report of the Independent Examiner is on page 3.

The financial statements have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006. applicable to companies subject to the small companies’ regime.

____ Chair of Trustees

Approved by the board of trustees on__

The notes attached on pages 7 to 8 form an integral part of these accounts.

IVYBRIDGE & DISTRICT FOODBANK

NOTES TO THE RECEIPTS AND PAYMENTS ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2025

1 ACCOUNTING POLICIES

Basis of accounting

The receipts and payments account has been drawn up as a summary of the receipts and payments made during the year by the charity. Amounts are included as received by the charity or as payments are made.

The accounts and the balance sheet do not include accruals and prepayments in respect of income or expenses.

The receipts and payments account and the balance sheet has been prepared following the guidance for accounting for small charities issued by the Charity Commission.

Tangible fixed assets

Tangible fixed assets are measured at their original cost value, or subsequent revaluation, or if donated, as described above. Cost value includes all costs expended in bringing the asset into its intended working condition.

Depreciation has been provided at the following rates in order to write off the assets to their anticipated residual value ave estimated useful lives.

ComputerEquipment 25% reducing balance

2 Statement of Assets

Bank and Cash Balances Current Account - Lloyds Bank Deposit Account 3 Tangible fixed assets Cost At 1 April 2024 Additions At 31 March 2025 Depreciation At 1 April 2024 Charge for the year At 31 March 2025 Net book value At 31 March 2025 At 31 March 2024 4 Statement of Liabilities Creditors: amounts due falling due within one year Accruals				2025 14,760 19,023 33,783 Computer Equipment £ 0 1,301		2024 15,071 15,526 30,597 Total £ 0 1,301 1,301 0 325 325 976 0 2024 336 336


				1,301
				0 325
				325 976 0 2025 840 840