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Registered charity number: 1205581
Report of The Trustees for the Year Ended 31[st] March 2025
For
Hornsey Foodbank (Charitable Incorporated Organisation (CIO))
Contents
| Page | |
|---|---|
| Reference and Administrative Details | 2 |
| Trustees Annual Report | 3-7 |
| Independent Examiner’s Report | 9 |
| Statement of Financial Activities | 10 |
| Balance Sheet | 11 |
| Notes to the Accounts | 12-14 |
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Registered charity number: 1205581
Hornsey Foodbank
Reference and Administrative Details For the Year Ended 31 March 2025
TRUSTEES Anne O’Daly, Chair Benjamin Kerridge, Secretary Cecelia Chambers Helen Massil (Resigned November 2024) Loreley Bombis (Resigned November 2024) Sam Mercadante (from September 2024) Nas Karim (from December 2024)
Treasurer: Ailsa McWilliam BANK Barclays Bank Ltd 1 Churchill Place London E14 5HP REGISTERED ADDRESS 99 Hillfield Ave London N8 7DG REGISTERED CHARITY NUMBER 1205581
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Registered charity number: 1205581
Hornsey Foodbank
Chairs Report For the Year Ended 31 March 2025
This annual report covers the period from 1[st] November 2023 to 31[st] March 2025. This is the second AGM since we registered as a charity, and 2025 marks our fifth year of existence. The foodbank grew out of local mutual aid groups during Covid as a community response to food insecurity. Covid was followed by austerity and the cost-of-living crisis; what we had thought would be a temporary crisis response measure has turned into an ongoing project.
The foodbank regularly supports more than 1200 people a week. Guests can choose from a selection of food and essential items, including fresh bread, fruit and vegetables. We believe this choice is important and gives our guests more autonomy and dignity. Our guests have a range of ages, ethnicities and abilities. They include people claiming benefits, those with no recourse to public funds, workers in low-paid and precarious employment, and people in temporary hardship. They include people who live alone, families and multi-generational households. A common factor is that they need support, just to put food on the table. We know that food insecurity is accompanied by other challenges, and we work with external agencies to offer a range of advice, information and signposting. We host regular sessions with Vibrance, Haringey Advice Partnership and the Shaw Trust. Other visitors have included Reach and Connect, the National Energy Foundation, and Haringey Talking Therapies. I would like to thank all the agencies for the support they give to our guests. Thanks to a generous donation from Vodaphone, we have also been able to distribute SIM cards to guests, to help tackle digital exclusion.
Community is at the heart of what we do, and local community support remains essential to our work. I would like to thank the many local schools, faith groups, individuals and businesses for their generous donations of food and items and support at regular Waitrose donation drives. Some highlights include fundraising projects initiated and run by volunteers. The Hornsey Collective band has put on regular fundraising gigs. During 2024, Andrew MacDonald painted portraits of people involved in the foodbank community: a book featuring portraits was sold by donation, with all proceeds going to the foodbank. We are grateful to them and to all our donors for supporting our work.
Most of the food and items we distribute are bought using donated funds. This is supplemented by the essential items we get from charities and businesses. Thanks are due to Food Bank Aid, Felix Trust and Bloody Good Period; Dunns Bakery, Sourdough Sophia and Wenzels for regular donations of bread; and local allotments for fresh fruit and vegetables. We are grateful to the Middle Lane Methodist Church for providing the venue that allows the foodbank to operate.
Our trustee board provides strategy and direction for the foodbank. We welcomed Nas Karim as a new trustee in December and we will be looking to recruit more trustees in the New Year. I would like to thank all our trustees and our treasurer, Ailsa McWilliam, for their hard work and commitment to the foodbank, particularly as we have transitioned to charitable status. At the last AGM, we initiated working groups to support the running of the foodbank. These are: operations, safeguarding, and communications and engagement. Thanks are due to the
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Registered charity number: 1205581
volunteers who take part in these groups – so much of their work happens behind the scenes but supports the essential activities of the foodbank.
The foodbank would not function without the hard work and commitment of our many wonderful volunteers, including guests. They work tirelessly behind the scenes and during set up and service–organising donations, checking stock, arranging collections, receiving deliveries, managing social media and communications, and so much more. Above all, they make the foodbank a warm, welcoming and supportive place.
Foodbanks are a symptom of a broken system: what started as an emergency response has become normalised. Every year, we hope for a future when foodbanks will no longer be needed. However, the continued cost-of-living crisis, precarious employment, a benefits system that is hard for many to navigate, high rents, rising food costs and energy bills make this unlikely to happen soon. Food poverty can affect any one of us, at any time. At Hornsey Foodbank, we will continue to provide vital support to our community.
Anne O’Daly Chair of Trustees
Quotes from Guests
“It’s so appreciated, what you do. Where would we all be without you?”
“I work hard and, for example, today after the foodbank, when I had no strength left after my job, I still had the basics at home so that my children would not come back from school to an empty table.”
“You are all so kind. Thank you for helping.”
“Very good organisation.”
“A good atmosphere.”
“I just want to thank you and all the great volunteers for all of their kindness over the past months. Please say farewell to all the lovely volunteers.” Feedback from a guest who visited the foodbank for over a year but is now financially stable and no longer needs to come.
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Registered charity number: 1205581
Hornsey Foodbank
Report of the Trustees For the Year Ended 31 March 2025
TRUSTEES REPORT
The Trustees present their Trustees Annual Report and the Charity’s Financial statements of the charity for the year ended 31[st] March 2025.
The trustees confirm that the annual report and financial statements of the Charity comply with the requirements of Hornsey Foodbank Constitution and with the
provisions of the FRS 102 Statement of Recommended Practice (SORP) “Accounting and Reporting by Charities”.
INCORPORATION
The Charitable Incorporated Organisation (CIO) was registered on 06 November 2023.
OBJECTIVES AND ACTIVITIES
Public Benefit
The objects of the CIO are: The relief of poverty and financial hardship among people living or working in and around Hornsey (North London) by:
(1) providing such persons with food and household items which they would otherwise struggle to afford
- (2) providing such persons with advice and skills to improve their personal circumstances
(3) raising awareness of the causes of foodbank use and promoting solutions to reduce foodbank use
- (4) supporting initiatives, financially or practically, that fulfil the objects of the CIO
Volunteers
The foodbank would not operate without volunteers, including guests. We engage over 120 volunteers in all aspects of running the foodbank. Our Volunteers primarily live in this community, supporting their own community. In addition to the Trustees, volunteers help in other ways:
Working groups: We have three working groups - Safeguarding; Operations; and Communications and Engagement (including fundraising). These groups meet once a quarter with at least one trustee on each group to feed back to the Trustees. Phoners, Packers and Delivery Drivers: These volunteers distribute to guests who are unable to come to the foodbank.
Set-up and service volunteers: These include co-ordinators, sorters, stock takers, and volunteers who take guests around the foodbank.
It is estimated the volunteer contribution represents four Full Time equivalent employees.
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Registered charity number: 1205581
Hornsey Foodbank Report of the Trustees For the Year Ended 31 March 2025
Achievement and Performance
Hornsey Foodbank started as an emergency food provider in July 2020 during the Covid. Originally conceived as a temporary project for the summer school holiday, the need was such that a longer-term project was established. It has operated on a weekly basis ever since. We currently support more than 350 households each week (approximately 1200 individuals), including deliveries to 25 households that cannot attend in person due to ill health. Most of the goods we distribute are purchased using donated funds. We also receive items from Food Bank Aid, the Felix Trust and local businesses and individual donors. As a result, we are able to offer our guests a choice of ambient food, toiletries and cleaning supplies, baby products, sanitary products, and fresh bread, fruit and vegetables.
We have established relationships with advice partners to try and ensure that guests have support and advice on issues including housing, benefit entitlement and routes into employment. We have an incredible team of volunteers who are integral to every part of the food bank’s operation, including procurement, organising fundraising activities to collecting supplies, setting up for service, serving guests, and communications and social media.
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Registered charity number: 1205581
Hornsey Foodbank
Report of the Trustees For the Year Ended 31 March 2025
Financial Review
The financial position for the year 2023/2025 is a surplus of £42,097
2023/25 Summary position
£ Income 167,003 Expenditure (124,906) Surplus Deficit 42,097
Total expenditure was £124,906 of which spend on food for our guests was £105,181, representing over 84% of total expenditure. The remainder of expenditure was for rent and operating costs of the Foodbank. Many gifts in-kind donations are made by Food Bank Aid. We were fortunate to receive food and other products for distribution to the foodbank guest. In 2023/25 we received over £177,600 worth of goods.
Reserves Policy
Reserves are intended to assist with the management of cashflow, provide resources for restructuring if income falls and the need arises, or to cover the costs of closure in a worst-case scenario. Hornsey Foodbank has Restricted Funds and Unrestricted Funds. The General Reserves are part of the Unrestricted funds. The Trustees of the Foodbank have agreed the general reserves are set at 3 months running cost, restricted reserves are the rent.
STRUCTURE, GOVERNANCE AND MANAGEMENT
The governing body of Hornsey Food is the Board of Trustees. The Board leads the organisation in line with its objectives whilst ensuring compliance with legal and statutory requirements of a UK charity.
Governing document
Hornsey Foodbank is a registered CIO Charity (no. 1205581) governed by its Memorandum and Articles of Association dated 12 June 2023. Its objectives and powers and other constitutional matters are set out in its Constitution. It is governed by a Board of Trustees which manage the affairs of the CIO.
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Registered charity number: 1205581
Hornsey Foodbank
Report of the Trustees For the Year Ended 31 March 2025
Appointment of trustees
New Trustees join the Board at the invitation of the Board and are chosen with a view to ensuring an appropriate balance of skills and experience relevant for the effective administration of the CIO.
Trustee induction and training
There is a formal induction process. Each new trustee is given an introductory pack covering the responsibilities of CIO Trustees and comprehensive details about the organisation.
Organisation
The Board of Trustees administers the Charity. It meets at least quarterly and there are working groups that meet quarterly.
Related parties
No trustees received remuneration or other benefit from their work with the CIO. There are no contracts with Hornsey Foodbank in which any of the Trustees, close family members of the Trustees or companies related to Trustees have, or have had, an interest, either during or at the end of the financial year. A Trustee Register of Interests is maintained to ensure that related party transactions can be identified.
Risk Management
The Trustees have conducted a review of the major risks to which the Charity is exposed. A risk register has been established and is updated and discussed on a regular basis. Where appropriate, internal controls, policies and procedures have been developed to mitigate these risks.
Statement of Trustee’s Responsibilities
The trustees are responsible for preparing the Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) including Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland"
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Registered charity number: 1205581
Independent Examiner’s Report to the Trustees of Hornsey Foodbank
I report to the trustees on my examination of the accounts of Hornsey Foodbank (the Charity) for the year ended 31 March 2025.
Responsibilities and basis of report
As the charity trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the Charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all 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 giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Charity as required by section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Signed:
Name: Sharika Patel (ACMA)
Address: 1 St Andrews Road
Coulsdon
Date: 28/01/2026
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Registered charity number: 1205581
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2025
| Notes INCOME AND ENDOWMENTS FROM: Charitable activities2 TOTAL INCOME EXPENDITURE ON: Charitable activities 3 Fundraising Governance TOTAL EXPENDITURE NET MOVEMENT IN FUNDS RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
Unrestricted Funds Restricted Funds Total Funds 2025 £ £ £ 156,603 10,400 167,003 |
|---|---|
| 156,603 10,400 167,003 (114,591) (8,040) (122,631) (933) - (933) (1,342) (116,866) - (8,400) (1,342) (124,906) |
|
| 39,737 2,360 42,097 56,619 - 56,619 96,356 2,360 98,716 |
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Registered charity number: 1205581
BALANCE SHEET
AS AT 31 MARCH 2025
| Notes | Unrestricted | Unrestricted | Restricted | Total | |
|---|---|---|---|---|---|
| Funds | Funds | 2025 | |||
| £ | £ | £ | |||
| CURRENT ASSETS | |||||
| Debtors | 4 | - | - | - | |
| Cash at bank and in hand | 96,656 | 2,360 | 99,016 | ||
| Total | 96,656 | 2,360 | 99,016 | ||
| CREDITORS:Amounts falling due within one | |||||
| year | 5 | (300) | - | (300) | |
| NET CURRENT ASSETS | 96,356 | 2,360 | 98,716 | ||
| NET ASSETS | 96,356 | 2,360 | 98,716 | ||
| FUNDS | |||||
| Restricted funds | 6 | - | 2,360 | 2,360 | |
| Unrestricted funds | 6 |
96,356 | - | 96,356 | |
| TOTAL FUNDS | 96,356 | 2,360 | 98,716 |
These accounts have been prepared in accordance with the Charites SORP (FRS102). The notes on pages 15 to 19 form part of the accounts.
These financial statements were approved by the members of the committee and authorised for issue by the Trustees on 18[th] January 2026 and signed on their behalf by:
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Registered charity number: 1205581
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1) Accounting Policies
Basis of measurement and preparation of accounts
The financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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) (Charities SORP (FRS 102)) and the Charities Act 2011. The financial statements have been prepared under historical cost convention. The charity constitutes a public benefit entity under (FRS102).
Disclosure exemptions
The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. As such, advantage has been taken of the exemption of including a cash flow statement.
Fund accounting policy
Unrestricted income funds are general funds that are available for use at the trustees’ discretion in furtherance of the objectives of the charity.
Restricted funds are those donated for use in a particular area or for specific purposes as laid down by the donor. Expenditure which meets those criteria is identified to the fund.
Income
Income from charitable activities such as donations, grants and includes income recognized as earned in the year in which they are receivable.
Expenditure
Liabilities are recognized as soon as there is a legal or constructive obligation committing the charity to expenditure. All expenditure is accounted on accruals basis and has been classified under headings that aggregate all costs related to the category. Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.
Deferred income
All incoming resources are included in the SOFA when the charity is legally entitled to the income and amount can be quantified with reasonable accuracy. Amounts which are not yet entitled to are carried forward as deferred income.
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Registered charity number: 1205581
Governance costs
Governance costs include costs of the preparation and examination of the statutory accounts, the costs of trustee meetings, training and the cost of any legal advice to trustees on governance or constitutional matters.
Fixed assets
Individual fixed asset costing £500 or more is recognized as an asset and recorded at cost. Fixed assets which cost less than £500 are recorded as an expenditure in the year they were incurred.
2) Income from charitable activities
| ) Income from charitable activities | |||
|---|---|---|---|
| 2025 | 2025 | 2025 | |
| Unrestricted | Restricted | Total | |
| £ | £ | £ | |
| Grants receivables: | - | ||
| - | 10,400 | 10,400 | |
| Voluntary income & donations: | |||
| Standing orders | 9,895 | - | 9,895 |
| Just Giving | 3,970 | - | 3,970 |
| Local Giving | 86,787 | - | 86,787 |
| Other | 55,951 | - | 55,951 |
3) Analysis of expenditure on
charitable activities
| 3) Analysis of expenditure on charitable activities |
|||
|---|---|---|---|
| 2025 | 2025 | 2025 | |
| Unrestricted | Restricted | Total | |
| £ | £ | £ | |
| Food | 105,181 | - | 105,181 |
| Equipment & Consumables | 279 | - | 279 |
| Publicity | 0 | - | 0 |
| Fundraising cost | 933 | - | 933 |
| Telephone | 24 | - | 24 |
| Rent | - | 8,040 | 8,040 |
| Insurance | 632 | - | 632 |
| Transportation | 161 | - | 361 |
| Training | 840 | - | 840 |
| Governance | 1,042 | - | 1,042 |
| Other | 7,774 | - | 7,774 |
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Registered charity number: 1205581
| Governance Trustees meeting Trustees coaching & Training Independent examination report-Accountancy Debtors Pre-Payments Creditors-amount falling due within one year Accountancy |
2025 £ - 1,042 300 |
|---|---|
| 1,342 2025 £ - 2025 £ 300 |
4) Analysis of Charitable funds
| Balance at | Incoming | Outgoing | Transfer | Balance at | |
|---|---|---|---|---|---|
| 1 Nov 2024 | resources | resources | s | 31 Mar 2025 | |
| £ | £ | £ | £ | £ | |
| General Funds | |||||
| Unrestricted funds | 56,619 | 156,603 | (116,866) | - | 96,356 |
| Restricted Funds | |||||
| Restricted funds | 0 | 10,400 | (8,040) | - | 2,360 |
| 56,619 | 167,003 | (124,906) | - | 98,716 |
5) Trustees’ remuneration and benefits
There were no trustees' remuneration or other benefits for the year ended 31 March 2025.
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