| Page | |||
|---|---|---|---|
| Report ofthe Trustees | 1 | to | 3 |
| Independent Examiner's Report |
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| Statement ofFinancial Activities | |||
| Balance Sheet | |||
| Notes to the Financial Statements | 7 | to | 8 |
| Detailed Statement ofFinancial Activities |
| ACHIEVEMENT AND PERFORMANCE |
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|---|---|---|---|---|---|---|
| Charitable activities |
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| Olive Branch Aid (OBA) does not employ any staff and delivers its objectives through the work |
of a dedicated | group of | ||||
| unpaid volunteers. |
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| Although the provision of food parcels continues to be the core activity for OBA, OBA reflects its |
aspiration | to be | more | |||
| than a food bank by providing a range ofother services for service users. These include wellbeing |
casework, donations of | |||||
| household goods and supporting other organisations with similar aims. OBA continued ta provide |
regular | food | parcels to | |||
| families in.need throughout'the year. The food parcels were tailored ta reflect the size and composition of |
each | household | ||||
| and sought to take account ofdietary and cultural requests where possible. Some ofthese parcels | were delivered | in person | ||||
| using a group of unpaid volunteer delivery drivers. The remainder of the parcels were picked |
up by the service | users | ||||
| themselves. | ||||||
| Services Users were referred from a number of organisations to OBA. In addition ta individual |
households, | OBA also | ||||
| supports three schools and a housing estate in Southwark at various times during the year. |
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| OBA works closely within the London boroughs ofLambeth, Wandsworth, Southwark and Croydon. |
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| OBA distributed food parcels in the accounting period that fed the equivalent of more than 61,000 |
people | for | a day. | |||
| OBA also provided an adhoc clothing and household goods recyciing service for service users. Examples of donated |
goods | |||||
| forwarded onto service users free ofcharge included bedding, furniture and cooking utensils. |
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| OBA provided a free wellbeing case work support service. This service was delivered through telephone |
calls | and face to | ||||
| face meetings. | ||||||
| OBA provided long te'rm case work support services to 54 service users in the accounting period. |
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| OBA received nan-financial donations of food products from a variety of partner organisations |
during | the | accounting | |||
| pellad. | ||||||
| OBA functions under the aegis ofthe Greek Orthodox Archdiocese ofThyateira and Great Britain, |
and provides | its various | ||||
| services to service users of all faiths and no faith service users alike. | ||||||
| In addition to the achievements noted above OBA achievements in the last accounting period also included: "Secured funding for new premises, found premises, signed lease and moved in in 3anuary 2023 "Applied for and secured registration with Charity Commission as a Registered Charity "Appointed 6Trustees "Recruited additional volunteers and set up safe-guarding policy "Set up dedicated bank account "Continued to manage all our financial donations through an online donation page that Is regulated by the |
Fundraising | |||||
| Regulator | ||||||
| STRUCTURE, GOVERNANCE AND MANAGEMENT |
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| Governing document |
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| The charity is controlled by its constitution, and constitutes a Charitable Incorporated Organisation |
(CIO) | registered | by the | |||
| Charity Commission |
| FOR | THE PER | IOD 22ND APRIL | 2022 TO 31STMARCH 2 | 023 | |
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | |||
| fund | fund | funds | |||
| Notes | E | 6 | |||
| INCOME AND ENDOWMENTS | FROM | ||||
| Donations and legacies |
98740 | ~11882 | ~110622 | ||
| EXPENDITURE ON | |||||
| Raising funds | 20,758 | 500 | 21,258 | ||
| Charitable activities | |||||
| Charitable | 20 963 | 5 917 | ~26 880 | ||
| 41 721 | 6 '117 | ~48 138 | |||
| NET INCOME | 57,019 | 5(465 | 62,484 | ||
| TOTAL FUNDS CARRIED FORWARD | ~57 019 | 5465 | .62484 |
| Unrestricted | Restricted | Total | ||
|---|---|---|---|---|
| Fund | Fund | Funds | ||
| CURRENT ASSETS | Notes | E | ||
| Oebtow Cash at bank |
12(000 ~f5 019 |
~5465 | 12,000 ~50 484 |
|
| 57,019 | 5,465 | 62,484 | ||
| NET CURRENT ASSETS | ~57019 | |||
| TOTAL ASSETS LESSCURRENT | UABXLETtES | 57019 | 62,484 | |
| ~57 019' | ~5465 | |||
| FUNDS | ||||
| Unrestricted funds Restricted funds |
57,019 ~5465 |
|||
| TOTAL FUNDS | ~62 484 |
| Net | |||
|---|---|---|---|
| movement | |||
| in funds | At 31.3.23 | ||
| Unrestricted | funds | ||
| General fund | 57,019 | 57,019 | |
| Restricted | funds | ||
| NPT Grant | 5,465 | 5,465 | |
| TOTAL FUNDS | ~62 484 |
| Incoming | Resources | Movement | |||
|---|---|---|---|---|---|
| resources | expended | in funds | |||
| E' | E | ||||
| Unrestricted | funds | ||||
| . | General fund | 98,740 | (41,721) | 57,019 | |
| Restricted | funds | ||||
| NPT Grant | 11,8S2 | (6,417) | 5,465 | ||
| TOTAL FUNDS | 11D622 | ~4!!138) | 624K |
| Donations and legacies | Donations and legacies | |
|---|---|---|
| Donations | 76,773 | |
| GiR aid | 1,681 | |
| Donated services |
and facilities | 32 168 |
| 110622 | ||
| Total incoming | resources | 110,622 |
| EXPENDITURE | ||
| Charitable activities |
||
| Food Parcel costs | 38,880 | |
| Support costs | ||
| Management | ||
| Rent | 5,607 | |
| Insurance | 367 | |
| Light and heat | 369 | |
| Postage and stationery | 648 | |
| Sundries | 615 | |
| Repairs and renewals | 269 | |
| Subscriptions | 124 | |
| 7,999 | ||
| Governance costs | ||
| Accountancy and legal fees |
1 259 | |
| Total resources expended | 48 138 | |
| Net income | 62 484 |