OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2025-12-31-accounts

Docusign Envelope ID: 9DC9CB05-AFFD-4AE5-A716-19B0DF43B26B

Number

Charity Registration Number : 1206279

HIGH PEAK BABY BANK

A CHARITABLE INCORPORATED ORGANISATION (CIO)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

1

Docusign Envelope ID: 9DC9CB05-AFFD-4AE5-A716-19B0DF43B26B

High Peak Baby Bank Trustees’ Annual Report

For the year ended 31 December 2025

Reference and Administrative Information

Charity Name: High Peak Baby Bank

Charity Registration Number: 1206279

Registered Address:

52 High Street Buxton Derbyshire SK17 6HB

Trustees

The trustees who served during the year were:

Krishen Pattni resigned as trustee on 12 August 2025.

Independent Examiner

Sterling Gate Accountants, 3[rd] Floor, 86-90 Paul Stree, London, EC2A 4NE

Bankers

NatWest, 250 Bishopsgate, London, EC2M 4AA

2

Docusign Envelope ID: 9DC9CB05-AFFD-4AE5-A716-19B0DF43B26B

Structure, Governance and Management

High Peak Baby Bank is a Charitable Incorporated Organisation (CIO) governed by its constitution. The trustees are responsible for setting the strategic direction of the charity, ensuring compliance with charity law and safeguarding obligations, and overseeing financial management and risk.

Trustees meet regularly and maintain oversight of the charity’s activities, finances and performance. During the year, governance was strengthened through the appointment of a Treasurer, bringing additional financial expertise and increased scrutiny of financial planning and forecasting.

Day-to-day operations are delegated to a small paid staff team, supported by volunteers. Trustees work closely with staff to ensure the charity continues to deliver services safely, ethically and sustainably.

Objectives and Activities Charitable Purpose

High Peak Baby Bank exists to relieve poverty and financial hardship among families with babies and young children across the High Peak and surrounding areas. The charity provides essential items including clothing, equipment, formula and toiletries to families in need, free of charge or for a voluntary donation.

We pursue these purposes by:

Our service is entirely free to families and relies on donations, volunteers, and community support. We aim to support the dignity of families we serve, reduce waste by re-using good quality and safe baby goods, and build a more compassionate community.

Public Benefit

The trustees confirm they have complied with their duty under section 4 of the Charities Act 2011 to have due regard to the Charity Commission’s guidance on public benefit.

The charity delivers clear public benefit by:

Services are accessible through professional referrals and open community access, ensuring support reaches those most in need.

3

Docusign Envelope ID: 9DC9CB05-AFFD-4AE5-A716-19B0DF43B26B

Achievements and Performance

The year was marked by significant operational and financial challenge. Trustees were required to make difficult decisions to protect the charity’s long-term sustainability while continuing to meet rising demand.

In April 2025, the charity faced acute financial pressure and sought emergency funding from the Baby Bank Alliance to ensure it could meet rental and core cost commitments through to the end of December 2025. This period prompted a full review of operations, finances and organisational structure.

Even with these difficulties, High Peak Baby Bank have continued to serve the community throughout 2025:

4

Docusign Envelope ID: 9DC9CB05-AFFD-4AE5-A716-19B0DF43B26B

Operational Developments Restructuring and Staffing

In May 2025, the trustees implemented a restructure to ensure that operations and fundraising were recognised as distinct and critical functions, each with dedicated responsibility. This improved financial visibility and accountability and enabled the introduction of a formal Reserves Policy .

Following this restructure:

These roles were funded through National Lottery funding. At the time, the charity had no fixed volunteer base to help with operations on a daily basis, making retention of the paid team critical to keeping services operational.

Strategic Focus and Service Changes

Given financial constraints, trustees prioritised areas of operation that delivered the greatest impact at the lowest cost.

The Stoke-on-Trent branch was identified as a potential lower-cost model; however, despite efforts to recruit volunteers and build local capacity, this was not sustainable. Following review, the trustees made the difficult decision to close the Stoke-on-Trent branch in November 2025 , working with partner organisations to ensure families could be signposted to alternative support.

Collaboration with Hummingbirds Project CIO

In September 2025, High Peak Baby Bank started working towards a collaboration with Hummingbirds Project CIO , whose charitable purpose is to relieve poverty and financial hardship through the provision of essential household items and clothing to all ages.

This partnership enables:

The Buxton premises moved from appointment-only access to being open to the public on Wednesdays and Fridays, increasing visibility and engagement and the official launch of the partnership is due Feb 2026.

5

Docusign Envelope ID: 9DC9CB05-AFFD-4AE5-A716-19B0DF43B26B

Financial Review

At the start of the year, the charity held total funds of £13,769 , comprising £3,743 unrestricted funds and £10,027 restricted funds . During the year, total income amounted to £43,558 , with expenditure of £41,033 , resulting in total funds of £16,295 carried forward.

Restricted funds of £10,283 relate to grants awarded for specific purposes and will be applied in accordance with funder requirements. Unrestricted funds at year end totalled £6,012 , providing vital flexibility for core costs.

The charity’s main expenditure related to:

In April 2025, emergency funding was secured to ensure continuity of operations while financial controls and planning were strengthened.

The trustees introduced enhanced financial monitoring during the year, including monthly oversight and forecasting, alongside a formal Reserves Policy to trigger early intervention when funds fall to a critical level.

Reserves Policy

The trustees aim to maintain sufficient unrestricted reserves to meet essential costs and respond to unforeseen events. Given the charity’s reliance on grant funding, reserves are kept under regular review, and early action is taken when reserves approach the minimum threshold.

Plans for Future Sustainability

Looking ahead, the trustees’ priorities are to:

Despite a difficult year, the trustees believe the charity enters the next period better structured, more focused, and more resilient.

6

Docusign Envelope ID: 9DC9CB05-AFFD-4AE5-A716-19B0DF43B26B

Trustees’ Responsibilities Statement

The trustees are responsible for preparing the Trustees’ Annual Report and financial statements and for ensuring proper accounting records are kept.

Approval

This report was approved by the trustees and signed on behalf:

Sarah Davis

Chair of Trustees High Peak Baby Bank

February 2, 2026

7

Docusign Envelope ID: 9DC9CB05-AFFD-4AE5-A716-19B0DF43B26B

Independent Examiner's Report

for the year ending 31/12/2025

Independent Examiner’s Report to the Trustees of High Peak Baby Bank

I report to the Charity Trustees on my examination of the accounts of the charity for the year ended 31/12/2025 which consists of the statement of financial activities, balance sheet and the related notes

Responsibilities and basis of report

As the charity's trustees, 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 Trust’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 which gives me cause to believe that in, any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn

February 4, 2026

Mr M.H Tuffaha AFA Associate Member – Institute of Financial Accountants Sterling Gate Accountants 3rd Floor, 86-90 Paul Street, London, England, EC2A 4NE

8

Docusign Envelope ID: 9DC9CB05-AFFD-4AE5-A716-19B0DF43B26B

HIGH PEAK BABY BANK

STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31 DECEMBER 2025

Notes
Income and
endowments
from:
Donations and
legacies
2		 Unrestricted
funds
£
Restricted
funds
£
Total
Funds 2025
£
Total
Funds 2024
£
12,405.56
31,152.87
43,558.43
43,028.01
Total 12,405.56
31,152.87
43,558.43
43,028.01
10,136.28
30,896.79
41,033.07
29,258.54
Expenditure on:
Charitable
activities
3
Total 10,136.28
30,896.79
41,033.07
29,258.54
2,269.28
256.08
2,525.36
13,769.47
Net income
Net movement in
funds
2,269.28
256.08
2,525.36
13,769.47
3,742.84
10,026.63
13,769.47
-
Reconciliation of
funds:
Total funds
brought forward
Total funds
carried forward
6,012.12
10,282.71
16,294.83
13,769.47

9

Docusign Envelope ID: 9DC9CB05-AFFD-4AE5-A716-19B0DF43B26B

HIGH PEAK BABY BANK
BALANCE SHEET
FOR THE YEAR ENDED 31 DECEMBER 2025
Notes
Total Funds 2025
£
Total Funds 2024
£
Current assets
Cash at bank and in hand
5
16,294.83
13,769.47
Total current assets
16,294.83
13,769.47
Total net assets
16,294.83
13,769.47
Funds of the Charity
Unrestricted funds
6
6,012.12
3,742.84
Restricted funds
6
10,282.71
10,026.63
Endowment funds
6
-
-
Total funds
16,294.83
13,769.47
The financial statements were approved by the trustees and signed on its behalf by:
Sarah Davis
Chair

February 2, 2026

10

Docusign Envelope ID: 9DC9CB05-AFFD-4AE5-A716-19B0DF43B26B

HIGH PEAK BABY BANK

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

1. Accounting Policies

The principal accounting policies adopted by the Charity, which is a public benefit entity, in the preparation of the accounts are as follows.

1.1 Basis of preparation

These accounts have been prepared under the historical cost convention, as modified by the inclusion of charitable properties and fixed asset investments and investment properties at valuation.

These accounts have been prepared in accordance with “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) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.

These accounts are presented in pounds sterling and rounded to the nearest pound.

1.2 Going concern

The Trustees have prepared financial projections, taking into consideration the current economic conditions and have, at the time of approving these accounts, a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the accounts.

2. Income from Donations and Legacies

Analysis Unrestricted
funds		 Restricted funds Total funds 2025 Total funds 2024
£ £ £ £
Donations
and gifts		 12,405.56 31,152.87 43,558.43 43,028.01
Total 12,405.56 31,152.87 43,558.43 43,028.01

11

Docusign Envelope ID: 9DC9CB05-AFFD-4AE5-A716-19B0DF43B26B

3. Expenditure on Charitable Activities

Analysis Unrestricted
funds		 Restricted
funds		 Total funds
2025		 Total funds
2024
£ £ £ £
Advertising
and marketing		 330.30 71.40 401.70 -
Staff costs 3,294.21 26,735.98 30,030.19 -
DBS - - - 15.85
Insurance 125.93 122.76 248.69 153.44
Phone &
Internet		 61.94 165.22 227.16 106.45
Purchases 669.12 1,638.01 2,307.13 9,892.35
Rent 3,148.76 1,468.84 4,617.60 198.31
Subscriptions 105.00 - 105.00 29.19
Training 129.00 - 129.00 1,500.00
Travel - - - 189.79
Salaries/Wages - - - 16,774.76
Premises Costs 2,147.22 272.18 2,419.40 -
Accountancy
Fees		 124.80 422.40 547.20 398
Total 10,136.28 30,896.79 41,033.07 29,258.54
10,136.28 30,896.79 41,033.07 29,258.54

4. Support Costs

Analysis Total funds 2025
Total funds 2024
£
£
547.20
398.40
547.20
398.40
Total funds 2025
Total funds 2024
£
£
16,294.83
13,769.47
16,294.83
13,769.47		 Total funds 2025
Total funds 2024
£
£
547.20
398.40
547.20
398.40
Total funds 2025
Total funds 2024
£
£
16,294.83
13,769.47
16,294.83
13,769.47
Support Costs
Governance Costs
Accountancy fees
5. Cash at bank and in hand
Total funds 2025
£
Cash at bank and in hand 16,294.83
Total 16,294.83

12

Docusign Envelope ID: 9DC9CB05-AFFD-4AE5-A716-19B0DF43B26B

6. Charity funds

6.1 Details of material funds held and movements during the CURRENT reporting period

Fund names
Fund
balances
brought
forward
Income
Expenditure
Transfers
Gains and
losses
Fund
balances
carried
forward


£
£
£
£
£
£
Unrestricted
funds
3,742.84
12,405.56
10,136.28
-
-
6,012.12
Restricted
funds
10,026.63
31,152.87
30,896.79
-
-
10,282.71
Total 13,769.47
43,558.43
41,033.07
-
-
16,294.83

6.2 Details of material funds held and movements during the PREVIOUS reporting period

Fund Fund
Fund names
balances
brought

Income
Expenditure
Transfers
Gains and
losses

balances
carried
forward forward
£
£
£
£
£
£
Unrestricted
funds
-
16,198.01
12,455.17
-
-
3,742.84
Restricted
funds
-
26,830.00
16,803.37
-
-
10,026.63
Total -
43,028.01
29,258.54
-
-
13,769.47

Employees Earning Over £60,000

The charity had no employees whose total employee benefits (including salary, employer pension contributions and employer National Insurance contributions) exceeded £60,000 during the year.

There were also no employees receiving total employee benefits in excess of £60,000 in the prior year (2024).

13

Docusign Envelope ID: 9DC9CB05-AFFD-4AE5-A716-19B0DF43B26B

7. Trustees’ Remuneration, Benefits and Expenses

No trustees received any remuneration or benefits during the year (Nil in 2024)

Two trustees, being the Chair and the Treasurer (S Davis & P Davis), were reimbursed for out-of-pocket expenses incurred when purchasing items for service users within agreed funding allocations. These reimbursements related solely to expenditure incurred on behalf of the charity and were supported by appropriate receipts. All such costs were incurred wholly and exclusively for charitable purposes.

Details of trustee expense reimbursements are transparently recorded within the accounting records. A breakdown by trustee and total amounts can be provided if required.

8. Related Party Transactions

The Chair and Treasurer are related parties, being father and daughter.

One trustee is a close family member of a member of staff who was engaged on a fixed-term contract during the year. Trustees have been involved in decisions relating to staff contracts and expense approvals. All such matters were managed in line with the charity’s conflict of interest policy, with any relevant conflicts declared and appropriately managed through recusal from decision-making where required.

All related party relationships are declared within the charity’s Register of Interests and monitored by the Board of Trustees.

There were no material financial transactions with related parties during the year other than trustee expense reimbursements disclosed above.

14