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2024-10-01-accounts

REPORT OF THE TRUESTEE AND FINANCIAL STATEMENTS FOR THE PERIOD 02 OCTOBER 2023 TO 01 OCTOBER 2024 FOR WALKER AND DISTRICT FOODBANK

TRUSTEES’ REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 01[ST] OCTOBER 2024

Charity number: 1200946

Walker and District Foodbank: Trustees’ Report and Financial Statements 202 3

WALKER AND DISTRICT FOODBANK

TRUSTEES’ REPORT FOR THE YEAR ENDED 01 OCTOBER 2024

The trustees present their report with the financial statements of the charity for the period 02 October 2023 to 01 October 2024. The trustee has adopted the provisions of the Statement of Recommendation Practice (SORP) Accounting and Reporting by Charities issued in March 2005

Reference and Administrative Details Registered Charity Number: 1200946

Principal Address: Walker and District Food bank 25 Church Walk Newcastle upon Tyne NE6 3DP

Trustees:

Bright Onoka - Chair Ijeoma Florence Ogah Pastor Victor Onwudili Michael Mcenaney

Independent Examiner:

Julius Olaogun (FCCA)

Rich Brother Accountants Ltd, 28 Camberwell Road, London SE5 0EN

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TRUSTEES’ REPORT

FOR THE YEAR ENDED 01 OCTOBER 2024

Commencement of Activities

Walker and District began operating early in 2015, though it was not until 01 November 2023 that charity status was granted. By that time Walker and District Foodbank had received a number of donations to alleviate poverty in Newcastle upon Tyne. The foodbank now has is own bank account that donation is now made directly into.

Structure, Governance and Management

Government Document

The charity is controlled by its governing document, a deed of trust and constitutes charitable organisation.

The aims and purpose of Walker and District is to relief poverty through activities and events recommended and approved by the trustees of the charity which has identified and approved the following as our main aims and purpose:

In planning our activities for the year, Walker and District Foodbank have considered the Commission guidance on public benefit and in particular the specific guidance on charities for the advancement of eradicating poverty. For wider public benefit purposes, the Charity in the course of the year has actively engaged in community wide activities that are geared towards promoting and empowering people to live a sustainable life. Amongst them are;

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THE TRUSTEES’ REPORT (continued) FOR THE YEAR ENDED 01 OCTOBER 2024

Achievements During the year

Introduction:

The Walker & District Foodbank has demonstrated significant achievements in addressing food insecurity within its community. In the year, the foodbank distributed 6,069 emergency food parcels, supporting 2,500 referrals and 642 households. Among these, 3,812 parcels (63%) were for adults, while 2,257 (37%) were for children, highlighting the critical support provided to vulnerable groups.

The foodbank has shown consistent growth in its operations, with parcel numbers increasing steadily from 4,402 in FY22/23 to 6,069 in the financial year. This reflects both rising demand and the organization's capacity to meet it. The busiest day for parcel distribution was Wednesday, indicating a mid-week peak in need. Geographically, the top wards served were Walker (43%), Byker (26%), and Walkergate (14%), with most referrals coming from Newcastle upon Tyne.

Key referral partners included the Citizens Advice Bureau and City of God Christian Centre, with 30% of referrals from statutory agencies and 27% from churches. The foodbank also addressed diverse causes of food insecurity, with the top reasons for referral being rising costs of essentials (62%), benefit delays (9%), and priority debt (5%).

Operationally, the foodbank maintained a balanced stock system, with donations and purchases ensuring a consistent supply. Notably, 65% of households visited the foodbank for the first time in the year in question, underscoring its role as a lifeline for new clients.

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Mission and Strategic Objectives:

Our mission at the Walker and District Food Bank transcends mere provision of food parcels. We are dedicated to offering comprehensive support to those in crisis, empowering them to overcome challenges and build sustainable livelihoods. Our strategic objectives include:

  1. Immediate Relief: Providing essential food parcels and comprehensive support to individuals and families facing crisis situations.

  2. Long-term Empowerment: Guiding individuals towards sustainable livelihoods, fostering independence and fulfilment.

  3. Setting the Standard: Aspiring to be a beacon of excellence in poverty alleviation, inspiring others to join our mission.

  4. Raising Awareness: Shedding light on the realities of food poverty and its underlying causes and effects to mobilize public support and drive change.

  5. Advocating for Change: Engaging with service providers to influence policies and practices addressing the root causes of food poverty.

  6. Ensuring Effective Governance: Maintaining robust, management, and staffing to ensure the efficient delivery of our objectives.

Impact Amidst Pandemic Challenges:

Despite the challenges posed since the pandemic and its aftermath, the Walker and District Food Bank has experienced remarkable growth in it activities. The escalating cost of living has intensified the need for our services, leading to a significant surge in demand. Over the past years, we have witnessed a substantial increase in clients seeking our assistance:

Detailed Impact for 2023/24:

In the fiscal year 2023/24, we provided food parcels to 6,069 service users. Additionally, our financial inclusion services have recorded tremendous impact:

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IMPACT AMIDST POST-PANDEMIC AND COST OF LIVING CRISIS

Basedon our statistics, Walker & District Foodbank impact amidst the ongoing crisis is defined by escalating demand, parcel numbers surged 50% year on year to 6,069 in FY23-24, a dramatic increase from pre-pandemic levels.

The primary driver is the “ring cost of essentials” cited in 62% of referrals far exceeding the national average. this indicates the profound effect of the cost- of - living crisis on the local community. A significant 9of referrals were due to “no access to financial support due to immigration status” highlighting specific vulnerable groups. While first time visits decrease to 65%, the data shows a reliance on repeated support with 50% of households visiting more than once.

Conclusion:

As we continue our journey, we invite individuals and organizations to join us in making a tangible difference in the lives of those we serve. Together, we can create a community where every individual has the opportunity to thrive. The Walker and District Food Bank remains steadfast in its commitment to tackling poverty and fostering hope in the hearts of those in need.

THE TRUSTEES’ REPORT FOR THE YEAR ENDED 08 NOVEMBER 2024

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The trustees present their annual report together with the unaudited financial statements of the charity for the year ended 1 October 2024. The Trustees confirm that the Annual Report and financial statements of the charity comply with the current statutory requirements, the requirements of the Charity’s governing document and the provisions of the Statement of Recommended Practice (SORP) “Accounting and Reporting by Charities” issued in March 2005.

REVIEW OF FINANCIAL POSITION

The financial statements covered the operation of Walker and District Foodbank and they have been prepared in accordance with the requirements of the 2005 Statement of Recommended Practice (SORP)

For the year ended 01 October 2024, the financial activities show total incoming donations of £244,581 which is the total donations received. This was engaged mainly on charitable activities to alleviate suffering and poverty and total expenditure amounted to £173,129. We closed the year with a net surplus of £.71,452

STATEMENT OF TRUSTEE’S RESPONSIBILITIES

The trustees are responsible for preparing the Trustee’s rep ort and the financial statements in accordance with applicable law.

Charity law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing these financial statements, the Trustees are required to:

The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity, hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

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THE TRUSTEES, REPORT (continued) FOR THE YEAR ENDED 08 November 2024 This report was approved by the Trustees on 121h June 2025 and signed on their behalf. Summary of the issues raised and adopted: Brlght Onoka Vlctor C Onwudili Walker and Dlstrkt Foodbank: Tnjstees. Rem and Financial Statements 2024

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES ON THE PREPARATION OF THE UNAUDITED

FINANCIAL STATEMENT WALKER AND DISTRICT FOODBANK

We report on the financial statements for the year ended 1[st] October 2024 which are set out in the financial report below. This report is made solely to the Charity’s Trustees, as a body.

Respective responsibilities of trustees and examiner

As explained more fully in the Trustees’ responsibilities statement, the Trustees are responsible for the preparation of the financial statements.

The charity’s trustee consider that an audit is not required for these financial statements (under section43 (2) of the Charity Commission (under section 43(7) (b) of the Act), and to state whether particular matters have come to our attention.

Basis of Independent examiner’s report

Our examination was carried out in accordance with Charity SORP. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit hence the report is limited to those matters set out in the statement below.

Independent examiner’s statement

During our examination, no matter has come to our attention: which indicates that:

Julius Olaogun (FCCA)

For and on behalf of

RICHBROTHER ACCOUNTANTS LTD CHARTERED ACCOUNTANTS AND TAX CONSULTANTS 222A Camberwell Road LONDON, SE5

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RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 01 DECEMBER 2024

RECEIPTS
Donation
Collections other
than giving
Income Tax
Gift Aid
PAYMENTS
Charity activities
(Note 2b)
Excess of Receipts
over payments
5Net Capital Movement
Balances brougt forward
fund carry carry forward
68411
Unrestricted
funds
£
244,581
-
Designated
funds
£
-
-
-
Restricted
funds
£
-
-
-
Endowment
funds
£

-
-
-
Total
Total
2024
2023
£
£
244,581
69,894
-
-
Total
Total
2024
2023
£
£
244,581
69,894
-
-
244,581 244,581
69,894
173,129 173,129
72,935
173,129 173,129
72,935
71,452 71,452
-3,041
71,452 71,452 -3,041
-3041 -3041
-3041
68,411 68411
-3041

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STATEMENT OF ASSETS AND LIABILITIES AS AT 01 OCTOBER 2024

STATEMENT OF ASSETS AND LIABILITIES

Cash Funds
Cash
Creditors
Within
1yr
Assets retained for charity
use
Shelf
Net Funds
Unrestricted
funds
£
Restricted
funds
£
Endowment
Total
Total
funds
2024
2023
£
£
72’709 - 72,709
14,210
-
-
-
-
-
-
-
-
- -
- - -
-
-
- -
-
-
1,896 - -
72,709
1,896
16,106 - -
16,106

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NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 01 OCTOBER 2024

1.The accounts have been prepared in accordance with the requirements of the Charity’s governing document

  1. Receipts and payments

analysis of the charity activities

Receipts

Receipts
Donation received
Payments
groceries & Purchase
Salaries
Citizen Advice
Transport and Sundries
bank Charge
Telephone
Training
Accounting fees
office Administration
consultancy
welfare
Adverisement& Promotion
maintenance
Crusade
sundries
Unrestricted
funds
£
Designated
funds
£
Restricted
Total
Total
funds
2024
2023
£
£
£
244,581 244,581
69,894
102,301
25,872
154
69
106
1140
800
18.786
13,615
700
3,766
4,122
2838
102,301
39,863
25,872
24,659
6000
-
154
22
69
67
106
106
1140
800
800
18786
13615
700
3766
4122
2,838
278
173,129 173,129
32,935

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Parti￿1¥r af employees: The average numberof employees during the year calcutated on the basis of lull time is three for the year. No employee recetved emolument of more than £60.((Q during the peri￿. This rèpjrtwas aF￿￿rIed by the Twstees ￿ 1> June 2025 aThJ swJned on their bthJf ty. BTlght Onoka Vlctor C Omyudlll 13 Walker and District F(￿XIbank. Trustees, Report and F￿anCIal Statements 2024