Charity registration number 1199124 (England and Wales)
HAILSHAM FOODBANK
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
HAILSHAM FOODBANK
LEGAL AND ADMINISTRATIVE INFORMATION
| Trustees | Mr M Brown |
|---|---|
| Mr S D Fry | |
| Rev R M Graham | |
| Mr C P Joyes | |
| Father R P Kelly | |
| Mr P Kigera | |
| Mr S P Mewett | |
| Charity number (England and Wales) | 1199124 |
| Principal address | 4 Market Square |
| Hailsham | |
| East Sussex | |
| BN27 1AG | |
| Independent examiner | Colin Dadswell FCA FCCA DChA |
| Caladine Limited | |
| Chantry House | |
| 22 Upperton Road | |
| Eastbourne | |
| East Sussex | |
| BN21 1BF | |
| Bankers | CAF Bank Ltd |
| 25 Kings Hill | |
| West Malling | |
| Kent | |
| ME19 4JQ |
HAILSHAM FOODBANK
CONTENTS
| Page | |
|---|---|
| Trustees' report | 1 - 2 |
| Statement of trustees' responsibilities | 3 |
| Independent examiner's report | 4 |
| Statement of financial activities | 5 |
| Statement of financial position | 6 |
| Notes to the financial statements | 7 - 17 |
HAILSHAM FOODBANK
TRUSTEES' REPORT
FOR THE YEAR ENDED 31 MARCH 2025
The trustees present their annual report and financial statements for the year ended 31 March 2025.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's constitution, the Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019).
Objectives and activities
The objects of the charity are the relief of financial hardship amongst people in Hailsham and the surrounding area in such ways as the Trustees from time-to-time think fit, in particular, but not exclusively by:
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Providing emergency food, essential toiletries, and household items to individuals and families in need and/ or for distribution by charities or other organisations working to prevent or relieve poverty.
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Such other means, including (but not limited to) the provision of support or signposting to relevant information and other advisory services
and to provide such services with a Christian ethos, supported by churches in Hailsham.
The Charity achieves these objects by providing a Foodbank service in the town in conjunction with the Trussell Trust.
Public benefit
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
Achievements and performance
Significant activities and achievements against objectives
Between April '24 and March '25 the foodbank gave out 4,789 emergency food parcels to local people. This is a 19% decrease compared to last year thanks to the continued work of the Financial Inclusion team in assisting people with income maximisation and debt. Due to the ongoing cost of living crisis, with many households struggling to balance their finances, 26% of the food given out had to be sourced from other foodbanks or purchased.
To help us keep up with the demand of purchasing food, a number of local companies have joined our Sponsor Our Shelves scheme, giving a monthly monetary donation. We've hosted a number of Community Breakfasts at a local church which have helped to gather more feedback from the wider community. One of these was as part Trussell's Guarantee Our Essentials campaign where people wrote their views on a tablecloth. Our Community Engagement & Campaigns Lead presented a local school with a certificate as the first to join a charter as part of their Fair for All Families campaign.
Volunteers have continued to play a vital role in serving people who use the foodbank, collecting donations and delivering to those who cannot access our distribution centre in Hailsham
Financial review
The Charity received income of £307,538 and incurred expenditure of £265,987 during the year ended 31 March 2025. The overall result for the year was a surplus of £41,551.
At 31 March 2025 the Charity had a positive fund balance of £219,231 made up of £44,552 in restricted funds and £174,679 in general unrestricted funds.
Reserves policy
It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.
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HAILSHAM FOODBANK
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
Structure, governance and management
The charity is a Charitable Incorporated Organisation, registered with the Charity Commission in England and Wales on 30 May 2022.
The trustees who served during the year and up to the date of signature of the financial statements were:
Mr M Brown Mr S D Fry Rev R M Graham Mr C P Joyes Father R P Kelly Mr P Kigera Mr S P Mewett
Recruitment and appointment of trustees
New trustees with appropriate skills and experience are appointed as and when the need arises.
The trustees' report was approved by the Board of Trustees.
.............................. Mr S P Mewett Trustee
Date: .............................................
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HAILSHAM FOODBANK
STATEMENT OF TRUSTEES' RESPONSIBILITIES
FOR THE YEAR ENDED 31 MARCH 2025
The trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that year.
In preparing these financial statements, the trustees are required to:
-
select suitable accounting policies and then apply them consistently;
-
observe the methods and principles in the Charities SORP;
-
make judgements and estimates that are reasonable and prudent;
-
state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
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HAILSHAM FOODBANK
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
| Unrestricted Restricted funds funds 2025 2025 Notes £ £ Income from: Donations and legacies 3 250,762 51,992 Investments 4 4,784 - Total income 255,546 51,992 Expenditure on: Charitable activities 5 191,566 74,421 Other expenditure 10 - - Total expenditure 191,566 74,421 Net income/(expenditure) 63,980 (22,429) Transfers between funds 17 (22,800) 22,800 Net movement in funds 7 41,180 371 Reconciliation of funds: Fund balances at 1 April 2024 133,499 44,181 Fund balances at 31 March 2025 174,679 44,552 |
Total Unrestricted Restricted funds funds 2025 2024 2024 £ £ £ 302,754 288,651 69,783 4,784 1,854 - 307,538 290,505 69,783 265,987 185,101 49,333 - 1,308 - 265,987 186,409 49,333 41,551 104,096 20,450 - (1,502) 1,502 41,551 102,594 21,952 177,680 30,905 22,229 219,231 133,499 44,181 |
Total 2024 £ 358,434 1,854 |
|---|---|---|
| 360,288 | ||
| 234,434 1,308 |
||
| 235,742 | ||
| 124,546 - |
||
| 124,546 53,134 |
||
| 177,680 |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
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HAILSHAM FOODBANK
STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2025
| 2025 Notes £ Fixed assets Property, plant and equipment 12 Current assets Inventories 13 3,240 Trade and other receivables 14 7,005 Cash at bank and in hand 204,834 215,079 Current liabilities 15 (2,974) Net current assets Total assets less current liabilities The funds of the charity Restricted income funds 17 Unrestricted funds 18 The financial statements were approved by the trustees on ......................... .............................. .............................. Mr P Kigera Mr S P Mewett Trustee Trustee |
£ 7,126 212,105 219,231 44,552 174,679 219,231 |
2024 £ 1,399 9,258 166,827 177,484 (8,483) |
£ 8,679 169,001 |
|---|---|---|---|
| 177,680 | |||
| 44,181 133,499 |
|||
| 177,680 | |||
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HAILSHAM FOODBANK
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1 Accounting policies
Charity information
Hailsham Foodbank is a Charitable Incorporated Organisation registered 30 May 2022.
1.1 Accounting convention
The financial statements have been prepared in accordance with the charity's constitution, the Charities Act 2011, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.
The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2 Going concern
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
1.4 Income
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
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HAILSHAM FOODBANK
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
1 Accounting policies (Continued)
Donated goods and services
Where practicable, the value gifts in kind donated for distribution to the beneficiaries of the charity are shown as income in the financial statements upon receipt. Donated food for the Foodbank has been measured at £2.79/kg (2024: £2.37/kg). This value is recognised as a component of donations with an equivalent amount recognised as charitable expenditure.
1.5 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.
1.6 Property, plant and equipment
Property, plant and equipment are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following basis:
Fixtures and fittings 20% Reducing Balance Computers 20% Reducing Balance Motor vehicles 20% Reducing Balance
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.
1.7 Impairment of non-current assets
At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).
1.8 Inventories
The Balance sheet includes the estimated value of food held at the year end for distribution to beneficiaries in the next financial period. The estimated cost of food is calculated by weight at an average retail cost of £2.79 per kilogram (2024: £2.37 per kilogram).
Net realisable value is the estimated selling price less all estimated costs of completion and costs to be incurred in marketing, selling and distribution.
1.9 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
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HAILSHAM FOODBANK
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
1 Accounting policies (Continued)
1.10 Financial instruments
The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include trade and other receivables and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Basic financial liabilities
Basic financial liabilities, including trade and other payables and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade payables are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade payables are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.
1.11 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
1.12 Retirement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
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HAILSHAM FOODBANK
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
2 Critical accounting estimates and judgements
In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
3 Income from donations and legacies
| Unrestricted Restricted funds funds 2025 2025 £ £ Donations and gifts 134,399 - Grants 26,939 51,992 Donated goods and services 89,424 - 250,762 51,992 Donations and gifts Donations 129,605 - Gift aid recovered 4,794 - Funds transferred from The Crosslink Trust - - 134,399 - Grants East Sussex County Council 11,840 - Trussell Trust 7,960 50,957 PJ Skips - - Crowdfunding 2,439 - Sussex Community Foundation - - Groundwork UK - - Chalk Cliff Trust - - Sponsor Our Shelves 4,200 - Other grants under £1,000 500 1,035 26,939 51,992 |
Total Unrestricted Restricted funds funds 2025 2024 2024 £ £ £ 134,399 170,825 - 78,931 27,605 69,783 89,424 90,221 - 302,754 288,651 69,783 129,605 59,967 - 4,794 4,421 - - 106,437 - 134,399 170,825 - 11,840 22,441 - 58,917 - 51,533 - - 10,000 2,439 3,314 - - - 2,500 - 1,500 - - - 4,485 4,200 - - 1,535 350 1,265 78,931 27,605 69,783 |
Total 2024 £ 170,825 97,388 90,221 |
|---|---|---|
| 358,434 | ||
| 59,967 4,421 106,437 |
||
| 170,825 | ||
| 22,441 51,533 10,000 3,314 2,500 1,500 4,485 - 1,615 |
||
| 97,388 |
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HAILSHAM FOODBANK
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
4 Income from investments
| Unrestricted | Unrestricted | |
|---|---|---|
| funds | funds | |
| 2025 | 2024 | |
| £ | £ | |
| Interest receivable | 4,784 | 1,854 |
| Expenditure on charitable activities | ||
| Foodbank | Foodbank | |
| 2025 | 2024 | |
| £ | £ | |
| Direct costs | ||
| Staff costs | 118,153 | 74,096 |
| Depreciation and impairment | 1,753 | 2,170 |
| Food purchases and value of donated food | 95,249 | 104,641 |
| Motor expenses | 2,794 | 2,246 |
| Sundry expenses | 1,144 | 184 |
| Waste disposal | 1,453 | 1,600 |
| Warehouse expenses | 198 | 884 |
| Van rental costs | - | 139 |
| Community Money Advice costs | 13,778 | 19,198 |
| Acts 435 gifts | 1,035 | 1,370 |
| 235,557 | 206,528 | |
| Share of support and governance costs (see note 6) | ||
| Support | 23,262 | 21,703 |
| Governance | 7,168 | 6,203 |
| 265,987 | 234,434 | |
| Analysis by fund | ||
| Unrestricted funds | 191,566 | 185,101 |
| Restricted funds | 74,421 | 49,333 |
| 265,987 | 234,434 |
5 Expenditure on charitable activities
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HAILSHAM FOODBANK
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
6 Support costs allocated to activities
| Rent and rates Telecommunications and IT Office expenses Insurance Light and heat Software fees and licensing Training Bank charges Governance costs Analysed between: Foodbank Governance costs comprise: Independent examination fees Accountancy Legal and professional Bookkeeping 7 Net movement in funds The net movement in funds is stated after charging/(crediting): Fees payable for the independent examination of the charity's financial statements Depreciation of owned property, plant and equipment Loss on disposal of property, plant and equipment |
2025 £ 11,391 2,473 1,380 2,540 4,024 1,513 273 77 6,759 30,430 30,430 2025 £ 570 1,368 1,012 3,809 6,759 2025 £ 570 1,753 - |
2024 £ 13,634 2,285 1,527 1,487 470 1,548 685 67 6,203 |
|---|---|---|
| 27,906 | ||
| 27,906 | ||
| 2024 £ 540 1,212 730 3,721 |
||
| 6,203 | ||
| 2024 £ 540 2,170 1,308 |
8 Trustees
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.
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HAILSHAM FOODBANK
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
9 Employees
The average monthly number of employees during the year was:
| The average monthly number of employees during the year was: | |||
|---|---|---|---|
| 2025 | 2024 | ||
| Number | Number | ||
| 5 | 3 | ||
| Employment costs | 2025 | 2024 | |
| £ | £ | ||
| Wages and salaries | 109,903 | 70,842 | |
| Social security costs | 4,618 | 613 | |
| Other pension costs | 3,632 | 2,641 | |
| 118,153 | 74,096 | ||
| There were no employees whose annual remuneration was more than £60,000. | |||
| Remuneration of key management personnel | |||
| The remuneration of key management personnel was as follows: | |||
| 2025 | 2024 | ||
| £ | £ | ||
| Aggregate compensation | 35,662 | 33,668 | |
| 10 | Other expenditure | ||
| Unrestricted | Unrestricted | ||
| funds | funds | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Net loss on disposal of tangible fixed assets | - | 1,308 | |
| 11 | Taxation |
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
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HAILSHAM FOODBANK
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
| 12 Property, plant and equipment Fixtures and fittings Computers £ £ Cost At 1 April 2024 5,546 2,897 Additions - 200 At 31 March 2025 5,546 3,097 Depreciation and impairment At 1 April 2024 1,997 967 Depreciation charged in the year 710 403 At 31 March 2025 2,707 1,370 Carrying amount At 31 March 2025 2,839 1,727 At 31 March 2024 3,550 1,929 13 Inventories Finished goods and goods for resale 14 Trade and other receivables Amounts falling due within one year: Other receivables Prepayments and accrued income 15 Current liabilities Accruals and deferred income 16 Retirement benefit schemes Defined contribution schemes Charge to profit or loss in respect of defined contribution schemes |
Motor vehicles £ 4,000 - 4,000 800 640 1,440 2,560 3,200 2025 £ 3,240 2025 £ 5,242 1,763 7,005 2025 £ 2,974 2025 £ 3,632 |
Total £ 12,443 200 |
|
|---|---|---|---|
| 12,643 | |||
| 3,764 1,753 |
|||
| 5,517 | |||
| 7,126 | |||
| 8,679 | |||
| 2024 £ 1,399 |
|||
| 2024 £ 8,224 1,034 |
|||
| 9,258 | |||
| 2024 £ 8,483 |
|||
| 2024 £ 2,641 |
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HAILSHAM FOODBANK
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
16 Retirement benefit schemes (Continued)
The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.
17 Restricted funds
The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.
| At Citizens Advice Adviser Community Money Advice Acts 435 Warehouse Supervisor Warehouse Facilities Organisation & Local Mobilisation Grant SCF re Social Media Previous year: At Citizens Advice Adviser Community Money Advice Acts 435 Warehouse Supervisor Warehouse Facilities Organisation & Local Mobilisation Grant SCF re Social Media |
1 April 2024 Incoming resources Resources expended Transfers At 31 March 2025 £ £ £ £ £ - 5,000 (5,000) - - - 10,468 (7,183) - 3,285 - 1,035 (1,035) - - 2,228 - (23,245) 21,017 - 5,923 - (3,850) - 2,073 33,530 35,489 (29,825) - 39,194 2,500 - (4,283) 1,783 - 44,181 51,992 (74,421) 22,800 44,552 1 April 2023 Incoming resources Resources expended Transfers At 31 March 2024 £ £ £ £ £ 5,000 4,485 (9,485) - - 8,074 - (9,576) 1,502 - - 1,265 (1,265) - - 6,617 17,464 (21,853) - 2,228 2,538 4,200 (815) - 5,923 - 39,869 (6,339) - 33,530 - 2,500 - - 2,500 22,229 69,783 (49,333) 1,502 44,181 |
1 April 2024 Incoming resources Resources expended Transfers At 31 March 2025 £ £ £ £ £ - 5,000 (5,000) - - - 10,468 (7,183) - 3,285 - 1,035 (1,035) - - 2,228 - (23,245) 21,017 - 5,923 - (3,850) - 2,073 33,530 35,489 (29,825) - 39,194 2,500 - (4,283) 1,783 - 44,181 51,992 (74,421) 22,800 44,552 1 April 2023 Incoming resources Resources expended Transfers At 31 March 2024 £ £ £ £ £ 5,000 4,485 (9,485) - - 8,074 - (9,576) 1,502 - - 1,265 (1,265) - - 6,617 17,464 (21,853) - 2,228 2,538 4,200 (815) - 5,923 - 39,869 (6,339) - 33,530 - 2,500 - - 2,500 22,229 69,783 (49,333) 1,502 44,181 |
|---|---|---|
| 44,181 |
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HAILSHAM FOODBANK
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
17 Restricted funds (Continued)
Citizens Advice Adviser
Grant funding was received to cover the costs of providing an adviser from Citizens Advice who is based at the foodbank to provide advice to users as needs arise. Costs paid to the adviser are set against the funding received.
Community Money Advice
Grant funding was received to cover the costs of providing a Community Money Adviser who is based at the foodbank to provide financial advice to users as needs arise. Costs paid to the adviser are set against the funding received.
Acts 435
Acts 435 (registered charity number 1131305) is a platform that facilitates a connection between those who are in need and those who want to help. A partner charity can post a request for help on behalf of an individual onto the Acts 435 platform so it can be met by donors. The money collected by Acts 435 is distributed to the partnered charity. The partnered charity can then purchase the items appealed for and subsequently donate them to the individual in need. The restricted fund represents monies received from Acts 435 and the corresponding expenditure.
Warehouse Supervisor
Grant funding was received to offset the costs of employing a warehouse supervisor for additional hours. Wages paid to the supervisor are set against the funding received.
Organisation & Local Mobilisation Grant
Grant funding for a full time post of a Local Organiser to lead local campaigns looking at how to reduce poverty.
SCF re Social Media Grant
A grant from Sussex Community Foundation to fund the part time Communications Officer role.
Warehouse Facilities
Grant funding was received to offset the costs of renting a warehouse where food donations are stored. Rent and associated costs are charged to the fund.
18 Unrestricted funds
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
| At 1 April | Incoming | Resources | Transfers | At 31 March | |
|---|---|---|---|---|---|
| 2024 | resources | expended | 2025 | ||
| £ | £ | £ | £ | £ | |
| General funds | 133,499 | 255,546 | (191,566) | (22,800) | 174,679 |
| Previous year: | At 1 April | Incoming | Resources | Transfers | At 31 March |
| 2023 | resources | expended | 2024 | ||
| £ | £ | £ | £ | £ | |
| General funds | 30,905 | 290,505 | (186,409) | (1,502) | 133,499 |
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HAILSHAM FOODBANK
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
19 Analysis of net assets between funds
| Unrestricted Restricted funds funds 2025 2025 £ £ At 31 March 2025: Property, plant and equipment 7,126 - Current assets/(liabilities) 167,553 44,552 174,679 44,552 Unrestricted Restricted funds funds 2024 2024 £ £ At 31 March 2024: Property, plant and equipment 8,679 - Current assets/(liabilities) 124,820 44,181 133,499 44,181 |
Total 2025 £ 7,126 212,105 |
|---|---|
| 219,231 | |
| Total 2024 £ 8,679 169,001 |
|
| 177,680 |
20 Related party transactions
There were no disclosable related party transactions during the year.
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