## **Trustees' Annual Report for the period**
**From**
Period start date Period end date 16 03 2022 31 03 2023
**To**
## 1 Reference and administration details
**Charity name** Holy Trinity Foodbank Stroud Green
**Registered charity number** 1198265
**Charity's principal address** c/o 149 Mount View Road
London
**Postcode** N4 4JT
## **Names of the charity trustees who manage the charity**
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Trustee name Office Dates acted if not for whole year Name of person
(if any) (or body) entitled to
appoint trustee
(if any)
1 Ms Stephany Ungless Chair
2 Ms Diana Francis
3 Mr Mark David Cortacans Appointed 14 July 2022
4 Ms Yvette Rathbone Appointed 14 July 2022
5 Mr Deepesh Thobhani Appointed 5 October 2023
6 Ms Catherine Margaret Drysdale Appointed 5 October 2023
7 Mr Lee Alexander Arnot Appointed 5 October 2023
8 Mr Ryan McIntosh 14 July 2022 to 5 October 2023
9 Ms Megan Roberts 16 March 2022 to 26 August 2022
10 Mr Dennis Bury 16 March 2022 to 13 April 2023
11 Ms Alice Kadel 16 March 2022 to 13 April 2023
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## **2 Structure, governance and management**
Holy Trinity Foodbank Stroud Green (HTF) is a Charitable Incorporated Organisation (CIO) registered on 16 March 2022. It is governed by its constitution of the same date and not since amended.
## **3 Objectives and activities**
**Objective of HTF**
The objective of HTF is to relieve poverty in the London Borough of Haringey and surrounding area by providing short-term emergency food supplies to those in financial hardship
HTF distributes food and other supplies to clients every Sunday. The majority of the goods distributed are purchased from donated funds. We also collect food surplus from supermarkets and other organisations. We aim to welcome all members of the public who are in financial need; **Summary of the main** the only requirements being confirmation of that need and, for longer **activities undertaken to** term help, a certain proximity to the food bank. **further the charitable purposes of HTF for the** Our clients are referred to us by agencies and can also self-refer if they **public benefit** find themselves in financial crisis and need our help. Where we can, we also direct clients to agencies or other sources of assistance (e.g. fuel poverty support, school uniform grants) with the objective of supporting clients to rise out of food poverty. As travel can be expensive and time consuming, if it is felt the client can be better helped by a food bank nearer to their address, they will be signposted to that food bank. **Statement of compliance with** The trustees have had regard to the Charity Commission’s guidance on **trustees’ duty to act for the** public benefit in the execution of their duties during the financial year and **public benefit** since the year end.
## 4 Achievements and performance
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Summary of the main Holy Trinity Foodbank, established as a small emergency food provider
achievements of HTF during under the care of Holy Trinity Church in 2013, has been an independent
the year charity since 16 March 2022. We had expected that the easing of Covid-
19 restrictions would see a fall in client numbers but instead we went
from the pandemic straight into a cost-of-living crisis. This pushed many
people who were managing even during Covid into a position where they
need support; as a result, we saw our client numbers go up by 50%
between March 2022 and March 2023.
We currently provide for over 200 adults and children every Sunday,
including a small number of deliveries to those who are unable to attend
in person due to ill health. Our client base is a mix of ethnicities, races,
faiths, genders, ages and abilities, and includes those with no recourse to
public funds as well as those in receipt of benefits and workers in
insecure (e.g. zero hours) or low-waged employment.
Funded by donations and grants, we have been able to supply every
individual or family who has approached us for help with not just ambient
food, but also toiletries, baby supplies and nappies, and some household
goods such as cleaning products or laundry detergent.
We have managed to stretch our funds further by establishing
relationships with several companies and organisations to extend our
food offering to include fresh fruit, vegetables and bread. As members of
these networks, we are able to contribute to the reduction of food waste
by redirecting surplus foods to those in need.
We have an amazingly supportive and ever-expanding group of local
volunteers who help us collect and deliver supplies, set up sessions and
serve clients.
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**5 Financial review**
## **HTF’s policy on reserves**
Reserves are that part of a charity’s unrestricted funds that is freely available to spend on any of the charity’s purposes. HTF maintains free unrestricted reserves to provide a level of working capital that protects the continuity of our core work, i.e. the provision of short-term emergency food supplies.
The Trustees consider £15,000 (equating to 3 to 4 months’ supply of food plus £5,000 contingency) as an appropriate reserve.
The Finance Committee monitors bank balances and progress against the Annual Financial Plan on a monthly basis and, if forecasts based on current distributions indicate that the bank balance may be reduced below target reserves of £15,000, the Finance Committee will consult with the Food Supplies Co-ordinator to consider whether the contents of the ‘standard bag’ distributed to clients should be reduced. The Finance Committee will also initiate actions to apply for emergency funding to protect the scale of operations.
At least annually, the Board of Trustees will review the target level of free reserves.
## **6 Declaration**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
**Signature(s) Full name(s)** Stephany Ungless **Position** Chair **Date** 24 November 2023
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Charity Name No (if any)
Holy Trinity Foodbank Stroud Green 1198265
Receipts and payments accounts CC16a
For the period Period start date Period end date
To
from 16/03/2022 31/03/2023
Section A Receipts and payments
Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
Donations 42,049 - - 42,049 -
Grants 1,000 4,222 - 5,222 -
Interest 94 - - 94 -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total (Gross income for
43,143 4,222 - 47,365 -
AR)
A2 Asset and investment sales,
(see table).
- - - -
- - - - -
Sub total - - - - -
Total receipts 43,143 4,222 - 47,365 -
A3 Payments
Foodbank supplies 15,128 - - 15,128 -
Grocery vouchers 178 4,222 - 4,400 -
Premises and other 339 - - 339 -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total [ 15,645 ] 4,222 - 19,867 -
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total [ - ] - - - -
Total payments 15,645 4,222 - 19,867 -
Net of receipts/(payments) 27,498 - - 27,498 -
A5 Transfers between funds - - - - -
A6 Cash funds last year end - - - - -
Cash funds this year end 27,498 - - 27,498 -
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CCXX R1 accounts (SS)
20/12/2023
1
## **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
**B1 Cash funds**
**B2 Other monetary assets**
**B4 Assets retained for the**
**charity’s own use**
**B5 Liabilities**
**B3 Investment assets**|Signature
**Details**
Computer equipment
Savings accounts
Current account
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
Grocery vouchers
**Details**
**Details**
**Details**
Storage units
Tables|**Unrestricted**
**funds**
**to nearest £**
**25,594**
**1,904**
**-**
**27,498**
OK
**Unrestricted**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Fund to which**
**asset belongs**
Unrestricted
Unrestricted
Unrestricted
**Fund to which**
**liability relates**|**Restricted**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
OK
**Restricted**
**funds**
**to nearest £**
**1,950**
**-**
**-**
**-**
**-**
**-**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Amount due**
**(optional)**|**Endowment**
**funds**
**to nearest £**
**-**
**-**
**-**|
|---|---|---|---|---|
|||||**-**|
|||||OK|
|||||**Endowment**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**Current value**
**(optional)**
**-**
**-**
**-**
**-**
**-**
**Current value**
**(optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**When due**
**(optional)**|
||||**-**
**-**
**-**
**-**
**-**||
|||Print Name
STEPHANY UNGLESS||Date of
approval
24/11/2023|
CCXX R2 accounts (SS)
20/12/2023
2