ALIVE FOODBANK
Charity Registration Number 1198585
Financial Report for the period to 31 December 2022
Registered Address: 30 Moffat Road, Thornton Heath, Croydon CR7 8PU
ALIVE FOODBANK
Charity No. 1198585
Financial Report for the period to 31 December 2022
| Contents | |
|---|---|
| Page | |
| Charity Information | 1 |
| Trustees Report | 2 |
| Income & Expenditure - SOFA | 3 - 3A |
| Balance Sheet | 4 |
| Notes to the accounts | 5 - 8 |
| Independent Examiner's Report | 9 |
Alive Foodbank
ALIVE FOODBANK
Charity No. 1198585
Financial Report for the period to 31 December 2022
Charity Information
Trustees Matilda Koufie Owen Simpson Eric Appiah-Kubi Soriah Waterhouse Sabinus Emeanuwa Registered Address: 30 Moffat Road Thornton Heath Croydon CR7 8PU Registered Charity Number: 1198585 Accountants: Valiant Waters Associates 15 Marden Road Croydon CR0 3ET
Page 1
Alive Foodbank
Charity No. 1198585
ALIVE FOODBANK
Financial Report for the period to 31 December 2022
Income and Expenditure Account
| Income Expenditure Cost of Sales Preaching Charges Gross Surplus Administrative Expenses Travel & Subsistence Telephone/Broadband Expensed Equipment & Furniture Administrative Costs Bank Charges Retreat & Convention Rent & Hire Volunteers Printing Professional Fees Total Administrative Expenses Net Surplus Before Tax Corporation Tax Payable Net Surplus After Tax |
2022 £ 3,334 - - 3,334 3,532 - - 441 - - - - - 300 4273 (939) - (939) |
2021 £ |
|---|---|---|
| - | ||
| - | ||
| - | ||
| - | ||
| - - - - - - - - - - |
||
| - | ||
| - | ||
| - | ||
| - |
Page 3
Alive Foodbank
Charity No. 1198585
ALIVE FOODBANK
Financial Report for the period to 31 December 2022
| Statement of Financial Activities Unrestricted Restricted Total Funds Funds Funds 2022 £ £ £ Incoming Resources Donations 3,334 - 3,334 Total Incoming Resources 3,334 - 3,334 Outgoing Resources Charitable Activities 3,532 - 3,532 Governance 741 - 741 Total Outgoing Resources 4,273 - 4,273 Net Incoming/(Outgoing) Resources (939) - (939) Transfer between funds - - - Funds Brought Forward - - - Funds Carried Forward (939) - (939) |
Total Funds 2021 £ |
|---|---|
| - | |
| - | |
| - - |
|
| - | |
| - - - |
|
| - |
Page 3A
Alive Foodbank
| BalanceSheetasat31December2022 | Note | 2022 | 2021 | |
|---|---|---|---|---|
| £ | ||||
| ASSETS | ||||
| CURRENTASSETS | ||||
| Debtors | 6 | |||
| Cashatbankandinhand | (639) | |||
| TotalCurrentAssets | (639) | |||
| CREDITORS:Amountsfallingduewithin | ||||
| one year | 7 | 300 | ||
| NETCURRENTASSETS | (939) | |||
| NETASSETS | (939) | |||
| Reserves | ||||
| Reserves representedby: | ||||
| Unrestricted Funds | (939) | |||
| Restricted Funds | ||||
| (939) |
ALIVE FOODBANK
Charity No. 1198585
Financial Report for the period to 31 December 2022
1 ACCOUNTING POLICIES
1a Basis of accounting
The accounts have been prepared under the historical cost convention in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008) and comply with the with the Companies Act 2006, and on accrual basis. The principal accounting policies adopted in the preparation of the financial statements are as follows:
1b Tangible fixed assets
Fixed assets costing in excess of £2,000 are capitalised and are shown at historical cost.
Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its estimated useful life, by the straight line method, over the following periods:-
Leasehold improvements over 3 years Computers over 3 years Fixtures, fittings and equipment over 4 years
No fixed asset above the £2,000 was purchased in the year, therefore no depreciation charge was due.
1c Taxation
The charity is liabile to meet its statutory obligations on Corporation Taxes Act 1988.
1d Pensions
No pension contribution is payable by the charity during the year.
1e Incoming resources
All incoming resources are included in the financial statement when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy, inclusive of VAT.
1f Outgoing Resources
All resources expended are included in the financial statement on an accrual basis inclusive of VAT.
1g Cash flow statement
The charity has taken advantage of the exemption in Financial Reporting Standard No 1 from producing a cash flow statement on the grounds that it is a small charity.
Page 5
Alive Foodbank
ALIVE FOODBANK
Charity No. 1198585
Financial Report for the period to 31 December 2022
----- Start of picture text -----
2 INVESTMENT INCOME
Total Total
2022 2021
£ £
Bank interest receivable - -
- -
3 OPERATING SURPLUS
2022 2021
£ £
Surplus is stated after charging:
Auditor's remuneration
Audit services - -
Non-audit services - accountancy 300 -
300 -
----- End of picture text -----
Page 6
Alive Foodbank
ALIVE FOODBANK
Charity No. 1198585
Financial Report for the period to 31 December 2022
| 4 STAFF COSTS Employee costs during the year amounted to: Wages and salaries Redundancy costs Social security costs Pension costs |
2022 £ - - - - - |
2021 £ - - - - |
|---|---|---|
| - |
No employee engaged during the financial year.
5 TANGIBLE FIXED ASSETS
| Improvements to Leasehold £ Cost At 31 Dec 2022 - Depreciation At 31 Dec 2022 - Net Book Amounts At 31 Dec 2022 - 6 DEBTORS Debtors and prepayments |
Computer Equipments £ - - - 2022 £ - - |
Fixtures & Fittings £ - - - 2021 £ - - |
Total £ - |
|---|---|---|---|
| - | |||
| - | |||
Page 7
Alive Foodbank
ALIVE FOODBANK
Charity No. 1198585
Financial Report for the period to 31 December 2022
| 7 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade creditors Other creditors including taxation and social security for period Trade creditors - B/fwd from previous year Accruals and Deferred income |
2022 £ 300 - - - 300 |
2021 £ - - - - |
|---|---|---|
| - |
8 ANALYSIS OF NET ASSETS BETWEEN FUNDS
| Fund Balances at 31 Dec 2022 are represented by Net Incoming (Outgoing) Resources for the period Accumulated Funds Brought Forward Funds Carried Forward |
Unrestricted Restricted Total Fund Fund Fund 2022 £ (939) - (939) - - - (939) - (939) |
Total 2021 £ - - |
|---|---|---|
| - |
9 CONTINGENT/OUTSTANDING LIABILITIES
No contingent or oustanding liabilities at the end of the year
10 COMMITMENTS AND GUARANTEES
No commitment or guarantee was given in the year
Page 8
Alive Foodbank
ALIVE FOODBANK
Charity No. 1198585
Financial Report for the period to 31 December 2022
Independent Examiner's Report
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/12/2022 as set out on pages 1 to 8.
As the charity trustees of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
Responsibilities and basis of report
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent Examiner's Statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
-
accounting records were not kept in accordance with
-
section 130 of the Act or
-
the accounts do not accord with the accounting records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Signature: AdeOmis-Adeyela Name: A Omisakin-Adeyela Designation: FAIA, MSc Date: 23 Oct 2023 Address: Valiant Waters Associates 15 Marden Road Croydon CR0 3ET
Page 9
Alive Foodbank