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2025-06-01-accounts

Baby Bank Herts Trustees’ Annual Report 2024-2025

Objectives and Activities

Baby Bank Herts exists to relieve child poverty across Hertfordshire by providing essential items to families in need. We support children from birth to teens with clothing, equipment, baby formula, and other necessities. Families are referred to us by professional partners such as health visitors, midwives, social workers, schools, and local charities.

Our objectives are to:

Alleviate hardship and deprivation among families with children. Reuse and recycle quality pre-loved items to benefit the community and environment.

Strengthen collaboration with local referral agencies to ensure help reaches the most vulnerable families.

Achievements and Performance

This year has been a significant period of growth and consolidation for Baby Bank Herts.

Families supported: We assisted 3000 families across Hertfordshire, providing essential items including clothing, baby equipment and formula milk.

Van acquisition: We acquired a fully electric Mercedes-Benz Sprinter van, donated thanks to the Baby Bank Alliance. The van has transformed our operations, allowing us to deliver larger items, collect donations more efficiently, and reduce our environmental footprint.

New trustees : In January 2025, three new trustees joined our board, strengthening governance and bringing skills in fundraising, marketing, HR, finance, and strategic planning. This has broadened our expertise and will help steer the charity into its next phase of growth.

Community engagement: We ran successful online fundraising campaigns, strengthened relationships with local donors, and maintained our volunteer numbers.

Financial Review

Income: £9686 (fundraising, grants, and donations) Expenditure: £4002 (supporting families with formula milk and essentials, running costs of the van, drop-in hub costs, and operational expenses). Reserves: The charity ended the year with a surplus, providing a modest financial cushion for the next year.

The trustees are satisfied that the charity remains financially sustainable and that funds are being applied effectively to achieve our charitable purposes.

Structure, Governance and Management

Baby Bank Herts is a registered charity governed by a board of trustees who meet regularly to review performance, oversee compliance, and ensure effective delivery of our charitable objectives. Trustees are recruited for their relevant skills and experience, and new trustees are provided with an induction to understand their legal responsibilities.

The charity is run with the support of volunteers, referral partners, and the local community. Day-to-day operations are overseen by the founder and trustees.

Plans for the Future

Looking ahead, Baby Bank Herts is committed to building on this year’s successes. Our priorities for 2025–26 include:

Expanding referral partnerships to reach even more families in need. Growing income streams through grants, community fundraising, and partnerships.

Establishing a new storage hub to better manage donations and improve efficiency.

Public Benefit Statement

The trustees confirm that they have complied with the duty in Section 17 of the Charities Act 2011 to have due regard to the Charity Commission’s guidance on public benefit. Our activities are undertaken to further our charitable purposes and to relieve child poverty in Hertfordshire.

Reserves Policy

The trustees recognise the importance of building unrestricted reserves to ensure the sustainability of the charity and to protect service delivery in the event of unexpected income shortfalls or increases in demand.

The trustees’ aim is to build reserves equivalent to three months of core running costs. This will provide a buffer to cover essential outgoings such as rent, insurance, and basic operational expenses, ensuring continuity of support for families.

Our reserves this financial year are £465 to cover legal costs and van running costs for three months.

Approved by all trustees and signed by the Chair A. Startaite 15th July 2025

Charity Name
Baby Bank Herts
Charity Name
Baby Bank Herts
Charity Name
Baby Bank Herts
Charity Name
Baby Bank Herts
Charity Name
Baby Bank Herts
No (if any)
1197928
No (if any)
1197928
CC16a
Receipts andpayments accounts
For the period
from
02/06/2024
Period start date
To Period end date
01/06/2025
Section A Receipts and payments
A1 Receipts Unrestricted
funds
to the nearest £
6,571
115
-
-
-
-

6,686
6,686
Restricted
funds
to the nearest £
3,000
-
-
-
-
-
3,000
3,000
Endowment
funds
to the nearest £
-
-
-
-
-
-
-
-
Total funds
to the nearest £
Last year
to the nearest £
Donations 6,571 6,571 2,504
Restricted funds 3,000 -
Cash donations 115 115 -
- - -
- - -
- - -
- - -
Sub total(Gross income for
AR)

6,686
9,686 2,504
Total receipts
A3 Payments
- 9,686 2,504
Misc Other Incl Hall Hires 737
DropIn Hub Rent 1,392
Volunteer ExpIncl Corporate 150
Van Charing& Upkeep 51
DBS Checks 80
Toiletries 64
Charitable Activities 252 - - 252 -
Website 515 - - 515 -
Microsoftpackage 85 - - 85 -
Formula 1,024 626 - 1,650 -
Travel Systems,Cots,Gates 1,500 - 1,500 -
Insurance
Sub total
Total payments
Net of receipts/(payments)
A5 Transfers between funds
A6 Cash funds last year end
Cash funds this year end
1,795
6,145
2,126 -
4,002 -
6,145 2,126 - 4,002 -
541
-
-
541
-
541 874 - 1,415 2,504
- -
- -
- - - -
541 874 - 1,415 2,504

CCXX R1 accounts (SS)

02/10/2025

1

Section B Statement of assets and liabilities at the end of the period Section B Statement of assets and liabilities at the end of the period Section B Statement of assets and liabilities at the end of the period
Categories
Signed by one or two trustees on
behalf of all the trustees
B5 Liabilities
B4 Assets retained for the
charity’s own use
B3 Investment assets
B2 Other monetary assets
B1 Cash funds
Signature
A. Startaite
J.OBCENA
Details
Details
Details
Details
Last year
Total cash funds
(agree balances with receipts and payments
account(s))
Details
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
541
874
2,504
-
-
3,045
874
Agreement Error
OK
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
-
-
-
-
-
-
-
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
-
-
-
-
Fund to which
liability relates
Amount due
(optional)
-
-
-
-
-
Print Name
Aida Startaite
Jane Obcena
Endowment
funds
to nearest £
-
-
-
-
OK
Endowment
funds
to nearest £
-
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
-
-
-
-
When due
(optional)
Date of
approval
A. Startaite Aida Startaite 15.07.25
J.OBCENA Jane Obcena 15.07.25

CCXX R2 accounts (SS)

02/10/2025

2