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2023-12-31-accounts

Josimah Baby Bank Trustees' Report For the Year Ended 31 December 2023 Charity Registration Number: 1202421

1. Introduction

Josimah Baby Bank (JBB) was established in August 2021 with the mission to support families in need by providing essential baby items. We believe every child deserves the best start in life and work towards alleviating poverty within our community by distributing preloved baby essentials. JBB has been a registered charity since March 2023.

2. Objectives and Activities

Mission Statement: Our mission is to make it easy and convenient for the community to support each other by donating pre-loved baby items in excellent condition. These items are redistributed to families in need, ensuring every child has the essentials for a healthy start in life.

Key Activities:

3. Achievements and Performance

Community Impact:

Volunteer Engagement: We have a robust volunteer program involving drivers, sorters, cleaners, and social media handlers. Volunteers play a crucial role in our operations, helping with the collection, preparation, and distribution of donations. We currently have 10 volunteers on our database.

4. Financial Review

Income: Our primary sources of income include monetary donations from individuals and organisations. We also receive substantial in-kind donations in the form of baby items including nappies, clothes and equipment. The total cash donations received in the year 2023 was £1,181.00 from individuals and other charitable organisations. The majority of the donations came from Shinfield Community Church. We are currently exploring specific activities targeted at fundraising such as sponsored walks, community activities, and also grants from established organisations.

Expenditure: Our main expense in 2023 was largely operational such as transportation for deliveries being made, publicity materials, as well as administrative costs associated with running the charity. The volunteers who undertook these activities for the charity covered these costs personally.

5. Governance and Management

Trustees: The charity is governed by a board of trustees responsible for overseeing its operations and ensuring compliance with legal and regulatory requirements. We currently have a board of four trustees who meet at least once a quarter.

Policy and Procedures: We have established robust policies to govern the acceptance and distribution of donations, ensuring all items meet safety standards. Our operations are guided by our commitment to transparency, accountability, and the well-being of the families we serve. Our Policies include a Safeguarding Policy, Financial Controls Policy and Volunteer Management Policy amongst others.

6. Plans for the Future

Looking ahead, Josimah Baby Bank aims to expand its services beyond the current localities, reaching more families across England. We plan to enhance our support programs for new mothers and continue to advocate for safe sleeping and breastfeeding practices. Our major focus this year is to organise more community outreach events in local areas which we hope to achieve by partnering with other charities including other baby banks, churches, etc.

7. Conclusion

We are proud of the impact Josimah Baby Bank has made in its first official year. With the continued support of our donors, volunteers, and the community, we look forward to furthering our mission and helping even more families in need.

Approved by the Board of Trustees on 23 September 2024 and signed on its behalf by:

Signature: Mrs Fiona Monger, Chair Board of Trustees

Public Benefit Statement

Introduction

Josimah Baby Bank (JBB) was established to alleviate poverty and improve the quality of life for families in need by providing essential baby items. Our activities deliver substantial public benefits, detailed as follows:

Conclusion: The activities of Josimah Baby Bank provide significant public benefits by supporting families in need, promoting child health and safety, encouraging environmental responsibility, and fostering community engagement. Our work ensures that every child has the essentials for a healthy start in life, reflecting our core belief that every child matters.

Trustees' Declaration: The trustees of Josimah Baby Bank confirm that they have complied with their duty to have due regard to the guidance on public benefit published by the Charity Commission in exercising their powers or duties.

For more detailed information about our activities, please visit our website at Josimah Baby Bank.

Risk Management Statement

1. Introduction

The Trustees of Josimah Baby Bank (JBB) are committed to ensuring that the charity effectively manages potential risks that could affect its ability to achieve its objectives and deliver services.

2. Risk Management Framework

The charity's risk management process includes:

  1. Identification of Risks: Regularly identifying potential risks across all areas of operations including financial, operational, reputational, and compliance risks.

  2. Assessment of Risks: Evaluating the likelihood and potential impact of identified risks.

  3. Mitigation Strategies: Implementing measures to manage, mitigate, or eliminate risks. This includes establishing policies, procedures, and controls.

  4. Monitoring and Reporting: Continuously monitoring risks and reviewing the effectiveness of mitigation strategies. Regular risk assessments are reported to the Board of Trustees.

3. Key Risk Areas

1. Financial Risks:

2. Operational Risks:

4. Compliance Risks:

4. Review and Reporting

The Risk Management Policy and framework are reviewed annually by the Board of Trustees to ensure they remain relevant and effective. Any significant changes in risk or emerging risks are reported to the Board as part of regular governance meetings.

Charity NameJosimah Baby Bank Charity NameJosimah Baby Bank Charity NameJosimah Baby Bank 1202421
Receipts andpayments accounts
For the period
from
01/03/2023 To 31/12/2023

CC16a

Section A Receipts and payments

A1 Receipts Unrestricted
funds
to the nearest
£
1,181
-
-
-
-
-
-
-
1,181
-
-
-
1,181
-
-
-
-
-
-
-
-
-
-
-
-
-
1,181
-
-
1,181
Restricted
funds
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Endowment
funds
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Total funds
to the nearest £
1,181
-
-
-
-
-
-
-
1,181
-
-
-
1,181
-
-
-
-
-
-
-
-
-
-
-
-
-
-

1,181
Total funds
to the nearest £
1,181
-
-
-
-
-
-
-
1,181
-
-
-
1,181
-
-
-
-
-
-
-
-
-
-
-
-
-
-

1,181
Last year
to the nearest £
Donations 1,181 -
- -
- -
- -
- -
- -
- -
- -
Sub total(Gross income for
AR)
1,181 -
A2 Asset and investment sales,
(see table).
-
- -
Sub total - -
Total receipts
A3 Payments
-
-
- -
- -
- -
- -
- -
- -
- -
- -
**Sub total ** - -
A4 Asset and investment
purchases, (see table)
-
-
**Sub total ** - -
Total payments
Net of receipts/(payments)
A5 Transfers between funds
A6 Cash funds last year end
Cash funds this year end
-
1,181 - -
1,181
-
- - - - -
- - - - -
1,181 - - 1,181 -

CCXX R1 accounts (SS)

27/09/2024

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
B5 Liabilities
B3 Investment assets
B2 Other monetary assets
B4 Assets retained for the
charity’s own use
B1 Cash funds
Details
Details
Details
Total cash funds
(agree balances with receipts and payments
account(s))
Details
Details
Signature
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
1,436
-
-
-
-
-
1,436
-
Agreement Error
OK
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
-
-
-
-
-
-
-
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
-
-
-
-
Fund to which
liability relates
Amount due
(optional)
-
-
-
-
-
Print Name
Fiona Monger
Endowment
funds
to nearest £
-
-
-
-
OK
Endowment
funds
to nearest £
-
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
-
-
-
-
When due
(optional)
Date of
approval
Fiona Monger 23-Sep-24

CCXX R2 accounts (SS)

27/09/2024

2