2024-10-31-accounts - Resurrected Bites CIO

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Registered Charity No.1207333

Resurrected Bites CIO

Trustees Annual Report and Accounts

Year Ended 31st October 2024

Resurrected Bites CIO

Year Ended 31st October 2024

Contents Page

	Page
Legal and Administrative Information	1
Trustees Annual Report	2
Independent Examiners Report	11
Statement of Financial Activities	12
Statement of Financial Position	13
Notes to the Financial Statements	14

Resurrected Bites CIO

Year Ended 31st October 2024

Legal and Administrative Information

Reference

The Charity is called 'Resurrected Bites CIO' and was registered with the Charity Commission for England and Wales on the 6th March 2024.

Registered Charity Number Registered Office Website Trustees Primary Bankers Independent Examiner	1207333 Unit i4a Hornbeam Park Oval Harrogate HG2 8RB www.resurrectedbites.co.uk Richard Hall Elaine Danielle Joy Richard Wheeldon Sara Ferguson Resigned 7th Oct 2024 CAF Bank 25 Kings Hill Avenue Kings Hill Mest Malling ME19 4JQ Nigel Wyatt BSC FCA Wyatt & Co Chartered Accountants 125 Main Street Garforth Leeds LS25 1AF

Resurrected Bites CIO

Year Ended 31st October 2024

Trustees Annual Report

Objectives and Activities

Resurrected Bites CIO (the Charity ) was born from the desire to tackle food poverty and food waste in the former Harrogate District. Whilst Harrogate is often perceived to be a wealthy area, there are pockets of poverty across the district caused by multiple factors. The Charity runs low-cost community groceries which are stocked with good quality food surplus which has been collected from food merchandisers, in addition to groceries which have been purchased, to provide a wide selection of grocery products allowing for a balanced diet. The Charity also aims to address the root cause of the grocery members’ food poverty through courses and signposting.

The Charity is run for the public benefit with the objects of:

a. The relief of poverty and financial hardship in Harrogate and surrounding areas by providing community groceries for individuals in need; and
b. The conservation, protection and improvement of the physical and natural environment through the reduction of food waste and its adverse environmental impact, by the collection and redistribution of surplus food to community groceries.

The Charity applies Christian principles in the delivery of its activities.

Public Benefit

The Charity currently operates two community groceries. One is located at New Park Primary School, which has the highest number of children in Harrogate on free school meals. The New Park community grocery also serves people in the Woodfield area, which is in the top 10% of deprived areas in England (Indices of Deprivation: 2019) and one of the most deprived areas in Harrogate.

The second grocery operates from Gracious Street Methodist Church in central Knaresborough, a location which was also identified as an area of significant need when Resurrected Bites CIC operated a free food delivery provision for 17 months during the pandemic. We have observed a significant number of people in food poverty across the former Harrogate District needing to access our services.

Where possible the Charity aims to employ people with lived experience of food poverty, who can empathise with those wanting to benefit from what the Charity has to offer. The grocery manager has the training and skills required to carry out a carefully curated assessment process to ensure those benefitting from the organisation have a genuine, charitable need for the services being provided. Other members of the team are also trained in conducting the assessment.

The community groceries aim to ensure that households in food poverty can eat a balanced diet and avoid skipping meals. A membership fee of £5 per annum entitles members to shop once a week at their community grocery and choose a set number of items including fresh fruit and vegetables, bakery, chilled and frozen food, store cupboard and non-food items. Members are also able to access essential non-food items such as pet food, detergent, toiletries, nappies etc. From 1 May 24, the charge per shop has been £5 with larger families (4 or more individuals) paying £10 for twice as many goods.

Resurrected Bites CIO

Year Ended 31st October 2024

Trustees Annual Report

In addition to the grocery provision, members are offered free access to other services such as a work club which offers support with CVs, interview practice and job hunting. We also offer help with budgeting, cookery courses and, where possible, other training needs that our members identify. We also signpost our members to other organisations where appropriate. Through our groceries, the Harrogate Easier Living Project has provided sessions to advise on energy savings and grants for energy bills. The Yorkshire Building Society has provided 1:1 sessions on financial wellbeing, cost of living resources, frauds and scams advice. The groceries support a diverse community including refugees, people who are struggling with physical or mental health issues and loneliness, pensioners, people with disabilities; families who have escaped domestic violence, people struggling with addiction and people who are working part or full-time but cannot make ends meet.

Grocery information is translated to make it more accessible for the refugee population. We also offer support with shopping for people who need it such as people with mental or physical health issues.

Our team members are trained to identify safeguarding concerns and to escalate them to the Resurrected Bites Safeguarding Officer.

Public Benefit Confirmation

The Trustees have complied with the duty in section 17 (5) of the 2011 Charities Act to have due regard to guidance published by the Charity Commission.

Volunteers

We would like to thank the 90 or so amazing individuals who volunteer to help us deliver our charitable activities from week to week. Without these people, we could not offer the services that we do.

Our volunteers include:

individuals who collect food surplus and deliver it to the warehouse
the warehouse team who sort and quality control the deliveries and then pack the items for delivery to the community groceries
the delivery teams who transport the food to the restock teams at the community groceries who then prepare the groceries for opening
the community grocery teams who serve the grocery members; and
people who help with delivering courses to grocery members, events, team training, fundraising, marketing and social media.

We encourage all of our grocery members to become volunteers to enable them to build their skills and confidence and to feel ownership of the groceries. Currently, four grocery members volunteer in the Charity.

Resurrected Bites CIO

Year Ended 31st October 2024

Trustees Annual Report

Achievements and Performance

Charitable Activities

Introduction

At Resurrected Bites, our mission is to prevent good-quality food surplus from going to waste while addressing food poverty in our community. Over the past six months, we have continued to make a significant environmental and social impact, supporting households in need and promoting sustainability.

Environmental Impact

Food Waste Prevention: We have successfully prevented 56 metric tonnes of good quality food surplus from going to landfill or anaerobic digestion, demonstrating our commitment to reducing waste and environmental harm.
Carbon Emissions Reduction:
Prevented the equivalent of 1.5 tCO2e (1505 kgCO2e per week) from being released into the environment if the food had gone to landfill.
Prevented 0.019 tCO2e (19.1 kgCO2e per week) in emissions if the food had been processed through anaerobic digestion.
Alternative Waste Streams:
Redirected 28 kg of food per week to livestock feed or composting for food that could not meet the quality standards for redistribution.

By addressing food waste, we are contributing to a more sustainable future and supporting the fight against climate change.

Social Impact

Households Supported:
Helped to feed 269 households in food poverty, including: o 297 adults and 448 children. o 89 larger households (3+ members) that often require double shops. o Several households with 8 members who rely heavily on our groceries.
Weekly Shops Delivered:
Processed a total of 2,600 weekly shops, providing access to affordable, nutritious food.

Our efforts ensure that families experiencing food insecurity can access the support they need, enabling them to focus on other critical areas of their lives.

Volunteer Contributions

Volunteer Hours:

We delivered this impact through an incredible 10,296 volunteer hours over the reporting period. This reflects the dedication of our team in collecting, sorting, and redistributing food surplus, as well as managing the logistics of our operations.

Resurrected Bites CIO

Year Ended 31st October 2024

Trustees Annual Report

Operational Excellence

Safety and Quality Standards:

We have achieved five stars on environmental health inspections at our groceries and warehouse, demonstrating our commitment to safe, efficient, and high-quality food handling processes.

Processes for Surplus Food:

Ensured tight processes for managing food surplus to maintain safety and quality while minimising waste.

Conclusion

In just six months, Resurrected Bites has made a tangible difference by preventing food waste, reducing carbon emissions, and supporting households in need. These achievements are a testament to the hard work of our staff and volunteers, the generosity of our supporters, and the strength of our community partnerships.

We remain committed to our vision of a world where food is valued and accessible to all. Together, we can continue to tackle food waste, alleviate food poverty, and protect the environment.

Grants

We have been successful in obtaining grant funding to allow us to extend our provision. We would like to thank our generous donors, North Yorkshire Council for awarding a Household Support Fund grant. This has allowed us to provide more choices of food items, in addition to providing a selection of nonfood items which alleviate hygiene poverty, and enable households to feed their pets.

We would also like to thank the following for providing grants to cover some of our operational costs:

The National Lottery Awards For All
Councillor Paul Haslam Locality Budget
Councillor Hannah Gostlow Locality Budget
Councillor Matthew Walker Locality Budget
Supporting Older People
ASDA Community Fund
The Two Ridings Local Fund
Lidl Local Community Fund
The Arnold Clark Community Fund

Donors of Food and Non-Food Items

We would like to thank the following organisations that regularly donate grocery surplus to Resurrected Bites CIO:

Fareshare Yorkshire
Betty’s & Taylors, Harrogate
Waitrose, Harrogate
Marks & Spencers- Oatlands, Knaresborough & Wetherby branches
Aldi- Harrogate, Knaresborough, Ripon & Wetherby branches
Lidl- Harrogate & Knaresborough branches
Booker, Harrogate
Greggs, Cambridge Road, Harrogate
ASDA Harrogate

Resurrected Bites CIO

Year Ended 31st October 2024

Trustees Annual Report

Morrisons- Harrogate, Boroughbridge & Flaxby branches
Sainsburys Harrogate
Sainsburys Local- Cambridge St, Harrogate, Cold Bath Rd, Harrogate and Central Knaresborough
Tesco Express, Killinghall
Coop- Harlow Hill, Harrogate, Wetherby Rd, Knaresborough & Pannal
Regal Fruiterers, Harrogate
Fodder
Yolk, Minskip
Prudames, Knaresborough
Harrogate Allotment Society
Harlow Hill Allotments
Knaresborough Allotments
Harrogate Foodbank
Wetherby Foodbank
Harrogate Homeless Project

In addition, we would like to thank the members of the public, local churches and businesses who have donated stock to Resurrected Bites.

Stakeholder feedback

Many of our grocery members describe our service as a lifeline and rely heavily on our service to avoid having to skip meals or get into further debt.

One customer said “In my mind they provided everything the community needs and more. Lovely friendly staff, unbiased. We would not have managed without them. “

One customer described the service as “nonjudgemental and welcoming.” The family were struggling to pay heating bills and became ill due to the house being cold.

Others have said that they “would not be able to afford fresh fruit and vegetables without the community groceries.”

Our volunteers also report the benefit that volunteering with Resurrected Bites has on their well-being.

Financial Review

Reserves Policy

In accordance with charity law, all income received by the charity is applied towards charitable purposes within a reasonable period of receipt. In meeting this obligation, the Trustees take into account the need to maintain reserves commensurate with the Charity’s financial circumstances. The Trustees monitor the level of reserves throughout the year and review the reserves policy regularly to ensure that it meets the Charity’s changing needs and circumstances. At 31 October 2024 the Charity had total reserves of £110,508 of which £18,841 were restricted and £91,667 were unrestricted.

Resurrected Bites CIO

Year Ended 31st October 2024

Trustees Annual Report

The Trustees have set a policy which aims to ensure that the Charity maintains unrestricted reserves at a level that covers a minimum of three to nine months of gross salary expenses and ongoing fixedterm contract commitments. As at 31 October 2024, the Charity held free reserves (unrestricted reserves less designated funds and fixed assets) of £46,480. The minimum level of free reserves required under the policy was £42,000.

Going Concern

On the date of signing the accounts the Trustees consider that there are no material uncertainties about the Charity's ability to continue as a going concern.

Risk Management

The Trustees have a duty to identify and review the risks to which the Charity is exposed and to ensure that appropriate controls are in place to provide mitigation. The Trustees have identified the key risks as financial failure, key person risk and food safety. The Trustees maintain a risk register which is updated regularly and includes mitigation actions.

The Trustees are also required to ensure that appropriate controls are in place to provide reasonable assurance against fraud and error. The Trustees consider that adequate arrangements have been made to safeguard the Charity’s assets.

Future Plans

The Charity’s planned initiatives for the current and subsequent financial years include continuation of the following:

The Charity plans to increase the amount of food surplus being redistributed by 10% from 112 metric tonnes to 123 metric tonnes per annum during the next financial year.
The community groceries aim to increase the number of households in food poverty accessing our services by looking at providing community transport for those who cannot access groceries by their own means. We anticipate a minimum of an additional 25 households accessing the groceries.
The team will also assess if a community grocery is needed and feasible in another area of high deprivation.
The grocery manager will undergo training on providing advice on energy efficiency helping the grocery members to have the best supplier for their needs and providing help with getting a grant for their energy bills where possible.
The groceries are looking to offer additional support such as access to a Citizen’s Advice Representative.
The Charity aims to implement a well-being strategy for the staff and volunteers.

Resurrected Bites CIO

Year Ended 31st October 2024

Trustees Annual Report

Structure, Governance and Management

Structure

On 6 March 2024, the Charity Commission confirmed that charity status would be approved for some, but not all, of the activities formerly carried out by Resurrected Bites Community Interest Company (CIC). From 1 May 2024, the CIC transferred assets, and made a cash donation, to the Charity to facilitate the commencement of the new operating model.

On 1 May 2024 the following assets were transferred from Resurrected Bites Community Interest Company (Company Number 12137481) to the Charity:

HP OfficeJet Pro 9015 Wireless All-in-One Printer
New Park Grocery Chiller
New Park Grocery Freezer
New Park Grocery Acer Laptop
Gracious St Grocery Chiller
Gracious St Grocery Freezer
Gracious St Grocery Acer Laptop
Warehouse walk-in Chiller
Warehouse walk-in Freezer
Warehouse kitchen Oven
Warehouse kitchen fridge
Warehouse kitchen hobs x 3
Warehouse kitchen steel benches x 2
Warehouse kitchen extractor hood
Warehouse kitchen equipment
Van
2 Acer laptops
3 second-hand laptops
1 Computer Monitor
Warehouse food stock

A donation of £60000 was made from the CIC to the CIO.

Since 1May 2024, the Charity has taken over the running of two community groceries and the food interception from the CIC. The Charity is the lead organisation and the CIC is asset locked to the Charity and able to donate any profits to the Charity.

The Trustees are responsible for overseeing and governing the Charity. They meet with the CEO, Michelle Hayes, every two months. The Trustees have delegated the day-to-day operations of the Charity to the CEO.

Resurrected Bites CIO

Year Ended 31st October 2024

Trustees Annual Report

Trustee Selection

All Trustees give their time voluntarily and receive no benefits from the charity. Trustees are recruited by word of mouth and sign up for a minimum term which can be extended to a second term if appropriate. Terms have been set so that Trustees retire and are appointed on a rolling basis.

The Board follows the Charity’s Trustees Operating Policy. Appointments aim to ensure that the board of Trustees benefits from a broad range of personal and professional skills and has experience that is appropriate to the nature and size of the Charity.

The following are considered to be desirable:

Sensitivity to health & welfare issues.
Experience of Human Resource management.
Accountancy and/or financial management experience.
Experience of legal and/or governance issues.
Health & Safety including food safety management qualifications; and
Carbon literacy and knowledge of good environmental practices.

The Trustees particularly welcome applications from those with lived experience of food poverty and aim to have a Board which reflects the diversity of its service users.

The Trustees have a basic DBS check and need to confirm that they are eligible to be a Trustee by completing a Trustee Eligibility Declaration. New Trustees will receive an induction from the Chair of Trustees and the CEO and will be provided with the constitution, latest annual accounts, the Charity’s Trustees Policies and Procedures and the Charity Commission Guidance: The Essential Trustee (CC3).

Resurrected Bites CIO

Year Ended 31st October 2024

Trustees Annual Report

Trustees’ Responsibilities in Relation to Financial Statements

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 Church’s activities during the year and of its financial position at the end of the year. In preparing financial statements giving a true and fair view, the trustees should follow best practices:

Select suitable accounting policies and then apply them consistently.
Make judgements and estimates that are reasonable and prudent.
State whether applicable accounting standards and statements of recommended practice have been followed subject to any departures disclosed and explained in the financial statements.
Prepare the financial statements on a going concern basis unless it is inappropriate to assume that the charity will continue in operation.

The trustees are responsible for keeping accounting records which disclose with reasonable accuracy the financial position of the charity, which enables them to ascertain its financial position, and which enable them to ensure the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations and the provisions of the trust deed. The trustees are responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud or other irregularities.

Trustees Approval

Danielle Joy Name of Trustee:

Signed on Behalf of the Trustees:

Date of Approval: 07/02/2025

Resurrected Bites CIO

Year Ended 31st October 2024

Independent Examiners Report

I report to the trustees on my examination of the financial statements of Resurrected Bites CIO for the accounting period ending 31st October 2024.

Responsibilities and Basis of Report

As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the charity's financial statements 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 confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales (ICAEW), which is one of the listed bodies.

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 financial statements do not accord with those records; or
the financial statements 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 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.

Nigel Wyatt BSC FCA Date: 07/02/2025 Independent Examiner 125 Main Street Garforth Leeds LS25 1AF

Resurrected Bites CIO

Year Ended 31st October 2024

Statement of Financial Activities

Statement of Financial Activities
		8	month period
			2024
		Unrestricted	Restricted	Total
		Funds	Funds	Funds
	Note	£	£	£
Income
Donations and legacies		9,598	52,160	61,758
Charitable activities		97,761	-	97,761
Investment income		400	-	400
		`──────────`	`──────────`	`──────────`
Total Income	2	107,759	52,160	159,919
		`──────────`	`──────────`	`──────────`
Expenditure
Expenditure on charitable activities		14,193	35,218	49,411
		`──────────`	`──────────`	`──────────`
Total Expenditure	3	14,193	35,218	49,411
		`──────────`	`──────────`	`──────────`
		`──────────`	`──────────`	`──────────`
Net Income / (Expenditure)		93,566	16,942	110,508
		`──────────`	`──────────`	`──────────`
Net Income and Net Movement in Funds
Total funds brought forward	11	-	-	-
Transfers		(1,899)	1,899	-
		`──────────`	`──────────`	`──────────`
Total Funds Carried Forward		91,667	18,841	110,508
		`──────────`	`──────────`	`──────────`

All income and expenditure derive from continuing activities.

Resurrected Bites CIO

Year Ended 31st October 2024

Statement of Financial Position

Statement of Financial Position
		2024
	Note	£
Fixed Assets
Tangible fixed assets	8	7,259
Current Assets
Debtors	9	15,134
Stock		10,000
Cash at the bank and in hand		81,039
		`──────────`
		106,173
Creditors: Amounts Falling Due Within One Year	10	2,924
		`──────────`
Net Current Assets		103,249
		`──────────`
Total Assets Less Current Liabilities		110,508
		`──────────`
Creditors: Amounts Falling Due After One Year		-
		`──────────`
Net Assets		110,508
		`──────────`
Funds of the Charity
Restricted funds	11	18,841
Unrestricted funds	11
Unrestricted general		55,047
Designated funds		36,620
		`──────────`
		91,667
		`──────────`
Total Charity Funds		110,508
		`──────────`
These financial statements were approved by the board of trustees and authorised for issue:
Name of Trustee:	Danielle Joy
	────────────────────────────────────────────
Signed on Behalf of the Trustees:
	────────────────────────────────────────────
Date of Approval:	──────────────────────────────────────────── 07/02/2025

Resurrected Bites CIO

Year Ended 31st October 2024

Notes to the Financial Statements

Basis of Preparation

The Resurrected Bites CIO is a registered charity with the Charity Commission for England and Wales. The address of the registered office is given in the charity information on page 1 of these financial statements.

The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities Financial Reporting Standards applicable in the UK and Republic of Ireland (Charities SORP 2019 FRS 102) and the Charities Act 2011.

The financial statements cover the period from the charity's formation on the 6th of March 2024. This is a 8-month accounting period to the 31st of October 2024.

The financial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements are prepared in sterling which is the functional currency of the charity and rounded to the nearest £.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Assessment of Going Concern

Preparation of the accounts is on a going concern basis. The trustees consider that there are no material uncertainties about the Charity's ability to continue as a going concern.

Fund Accounting

Unrestricted income funds comprise those funds which the trustees are free to use for any purpose in furtherance of the charitable objects. Unrestricted funds include designated funds where the trustees, at their discretion, have set aside resources for a specific purpose.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the donor or the term of specific appeal, often known as a ‘special offering’ in the charity.

Further explanation of the nature and purpose of each fund is included in the notes to the accounts.

Resurrected Bites CIO

Year Ended 31st October 2024

Notes to the Financial Statements

Incoming Resources

All incoming resources are recognised once the charity has entitlement to the resources, it is probable that the resources will be received, and the monetary value of incoming resources can be measured with sufficient reliability.

• All voluntary income from members of the charity are recognised as donations and are included in full, with associated Gift Aid receivable in the Statement of Financial Activities.

• Grants, where entitlement is not conditional on the delivery of specific performance by the charity are recognised when the charity becomes unconditionally entitled to the grant.

• Donated services and facilities are included at the value to the charity where this can be quantified.

• Gifts in Kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised.

• Volunteer time, the value of voluntary support for the work of the charity, is not included in the accounts but is described in the Trustees Annual Report.

Investment Income is included in the accounts when receivable.

Resources Expended

Expenditure is recognised on an accrual basis as a liability is incurred. Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation to commit the charity to pay out the resources and the amount of the obligation can be measured with reasonable certainty.

Governance Costs

Include costs of the preparation and examination of statutory accounts, the costs of the trustees' meetings and cost of any legal advice to trustees on governance or constitutional matters.

Liability Recognition

Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.

Stock

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Resurrected Bites CIO

Year Ended 31st October 2024

Notes to the Financial Statements

Tangible Fixed Assets

All assets costing more than £500 are capitalised and at historic cost. Fixed assets are stated at cost less accumulated depreciation. Depreciation is charged on furniture and equipment which is written off on a straight-line basis over time and estimated useful life of the asset.

The depreciation policies of the organisation are as follows:

Vehicles 3 years straight line Equipment 3 years straight line

Pensions

The charity operates a defined contribution pension scheme. Contributions are charged to the Statement of Financial Activities as they become payable in accordance with the rules of the scheme.

Operating Leases

Rental charges payable under operating leases are charged on a straight-line basis over the terms of the lease.

Taxation

The charity is exempt from tax on its charitable activities.

Judgements and Key Sources of Estimation

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. There are no critical judgements (apart from those involving estimations) that management has had to make in the process of applying the entity's accounting policies that have a significant effect on the amounts recognised in the financial statements.

Resurrected Bites CIO

Year Ended 31st October 2024

Notes to the Financial Statements

2 Analysis of Income

Analysis of Income
			8 month
			period
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2024
	£	£	£
Donations and legacies
Donations	8,509	1,000	9,509
Gift Aid	1,089	-	1,089
Grants	-	51,160	51,160
	`──────────`	`──────────`	`──────────`
	9,598	52,160	61,758
Charitable activities
Activity income	17,847	-	17,847
Events income	4,255	-	4,255
Transfer of assets	75,659	-	75,659
	`──────────`	`──────────`	`──────────`
	97,761	-	97,761
Investment Income
Bank interest	400	-	400
	`──────────`	`──────────`	`──────────`
	400	-	400
	`──────────`	`──────────`	`──────────`
Total Income	107,759	52,160	159,919
	`──────────`	`──────────`	`──────────`

Resurrected Bites CIO

Year Ended 31st October 2024

Notes to the Financial Statements

3 Expenditure on Charitable Activities by Fund Type

			8 month
			period
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2024
	£	£	£
Administration	4,118	3,350	7,468
Communications	46	-	46
Depreciation	3,575	-	3,575
Events	131	-	131
Equipment	30	59	89
Fundraising	738	90	828
Salaries	5,564	22,231	27,795
Staff related costs	(470)	1,108	638
Transport	263	-	263
Volunteer costs	192	-	192
Warehouse	6	8,380	8,386
	`──────────`	`──────────`	`──────────`
	14,193	35,218	49,411
	`──────────`	`──────────`	`──────────`

4 Volunteers

The charity benefits greatly from the voluntary contributions of time and money. Please refer to the trustee's report for further details about volunteer contributions to the organisation.

5 Independent Examination Fees

Fees payable to the independent examiner for:

2024 £ Independent examination and preparation of the financial 1,200 statements

Resurrected Bites CIO

Year Ended 31st October 2024

Notes to the Financial Statements

6 Staff Costs

The total staff costs and employee benefits for the reporting period are analysed as follows:

	8 month
	period
	2024
	£
Wages and salaries	27,023
Employers national insurance	-
Employer contributions to pension plans	772
	`──────────`
	27,795
	`──────────`

The average headcount of employees during the year was as follows:

	2024
Average Head Count	4

The number of employees who received employee benefits (excluding NIC and Pensions) of more than £60,000 during the year was as follows:

2024 - More than £60,000

Key Management Personnel

The charity considers its key management personnel to be the CEO and the Operations Manager. The total employee benefits received by the key management personnel (including employer NI and pension contributions) was £27,453.

7 Trustee Remuneration, Expenses and Donations

During the year, one trustee incurred an out-of-pocket expense totalling £18 for the cost of a DBS check.

Resurrected Bites CIO

Year Ended 31st October 2024

Notes to the Financial Statements

8 Tangible Fixed Assets

	Vehicles	Equipment	Total
	£	£	£
Cost as at 6th Mar 24	-	-	-
Additions	1,125	9,709	10,834
	`──────────`	`──────────`	`──────────`
Cost as at 31st Oct 2024	1,125	9,709	10,834
	`──────────`	`──────────`	`──────────`
Depreciation as at 6th Mar 24	-	-	-
Depreciation Charge	371	3,204	3,575
	`──────────`	`──────────`	`──────────`
Depreciation as at 31st Oct 2024	371	3,204	3,575
	`──────────`	`──────────`	`──────────`
	`──────────`	`──────────`	`──────────`
Net Book Value as at 31st Oct 2024	754	6,505	7,259
	`──────────`	`──────────`	`──────────`
Net Book Value as at 31st Oct 2023	-	-	-
	`──────────`	`──────────`	`──────────`
Debtors
	2024
	£
Gift Aid recoverable	226
Other debtors	12,924
Prepayments	1,984
	`──────────`
	15,134
	`──────────`

9 Debtors

10 Creditors: amounts falling due within one year

	2024
	£
Accruals	1,538
Trade creditor	1,386
	`──────────`
	2,924
	`──────────`

Resurrected Bites CIO

Year Ended 31st October 2024

Notes to the Financial Statements

11 Analysis of charitable funds

Unrestricted Funds

Unrestricted Funds
					31 Oct
	6 Mar 2024	Income	Expenditure	Transfers	2024
	£	£	£	£	£
Unrestricted
General	-	89,886	(8,694)	(26,145)	55,047
	`──────────`	`──────────`	`──────────`	`──────────`	`──────────`
	-	89,886	(8,694)	(26,145)	55,047
	`──────────`	`──────────`	`──────────`	`──────────`	`──────────`
Designated
Gracious Street
Grocery	-	9,128	(3,882)	5,269	10,515
New Park Grocery	-	8,745	(1,617)	5,295	12,423
Future Wages	-	-	-	13,682	13,682
	`──────────`	`──────────`	`──────────`	`──────────`	`──────────`
	-	17,873	(5,499)	24,246	36,620
	`──────────`	`──────────`	`──────────`	`──────────`	`──────────`
	`──────────`	`──────────`	`──────────`	`──────────`	`──────────`
Total Unrestricted	-	107,759	(14,193)	(1,899)	91,667
	`──────────`	`──────────`	`──────────`	`──────────`	`──────────`
Restricted Funds
Arnold Clark Community Fund cost of living support	-	2,500	-	-	2,500
Knaresborough Relief in Need (KRIN)	-	1,000	-	-	1,000
Other small grants for core costs	-	2,280	(1,000)	-	1,280
National Lottery Awards For All	-	20,000	(20,000)	-	-
New Park Grocery (restricted)	-	-	(2,429)	2,429	-
North Yorkshire Council household support fund	-	10,000	(5,000)	-	5,000
North Yorkshire Council, Locality grant	-	3,380	(3,380)	-	-
The Liz & Terry Bramall Foundation	-	10,000	(939)	-	9,061
The Two Ridings Community Foundation local fund	-	3,000	(2,470)	(530)	-
	`──────────`	`──────────`	`──────────`	`──────────`	`──────────`
Total Restricted	-	52,160	(35,218)	1,899	18,841
	`──────────`	`──────────`	`──────────`	`──────────`	`──────────`
	`──────────`	`──────────`	`──────────`	`──────────`	`──────────`
Total Funds	-	159,919	(49,411)	-	110,508
	`──────────`	`──────────`	`──────────`	`──────────`	`──────────`

Resurrected Bites CIO

Year Ended 31st October 2024

Notes to the Financial Statements

Fund Transfers

General Fund

The Two Ridings Community Foundation local fund

When the transfer of funds from CIO were received into the general fund, these were distributed across the designated funds and NPG restricted fund.

A Thermometer was purchased with this grant funding and then transferred to the general fund to be held as an asset

Fund Descriptions Designated Funds Future Wages Gracious Street Grocery New Park Grocery

Funds set aside for future salary costs. Funds to be spent on the running of this grocery site. The income represents grocery sales and membership at the grocery.

Funds to be spent on the running of this grocery site. The income represents grocery sales and membership at the grocery.

Restricted Funds

Arnold Clark Community Fund Cost of living support Knaresborough Relief in Need (KRIN) National Lottery Awards For All North Yorkshire Council, Locality grant North Yorkshire Council Household support fund

A restricted grant given to cover food costs for the community groceries.

A restricted grant to support Knaresborough grocery members with food for Christmas.

A restricted grant to cover operational costs.

A restricted grant from Councillor Haslam, Gostlow and Walker's Locality Budget to cover a month's warehouse rent.

A restricted grant to increase capacity of food and essential household supplies at Resurrected Bites, to support those facing financial hardship.

Funds to be spent on the running of this grocery site.

New Park Grocery (restricted)

The Liz & Terry Bramall Foundation A restricted grant to cover operational costs. The Two Ridings Community Foundation local fund

A restricted grant given to purchase a remote temperature monitoring in the warehouse walk-in fridge and freezer.

Resurrected Bites CIO

Year Ended 31st October 2024

Notes to the Financial Statements

12 Operating Lease Commitments

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2024
	£
No later than 1 year	13,688
Later than 1 year but less than 5 years	41,063
Greater than 5 years	-
	`──────────`
	54,751
	`──────────`

13 Analysis of Net Assets Between Funds

	Unrestricted	Restricted	Total Funds
	Funds	Funds	2024
	£	£	£
Fixed assets	7,259	-	7,259
Current assets	87,332	18,841	106,173
Creditors less than 1 year	(2,924)	-	(2,924)
	`──────────`	`──────────`	`──────────`
	91,667	18,841	110,508
	`──────────`	`──────────`	`──────────`

14 Related Party Transactions

There were no related party transactions which took place during the year other than the transactions between Resurrected Bites CIC and Resurrected Bites CIO which are described below.

15 Transfer of Activities and Assets

Resurrected Bites CIC and Resurrected Bites CIO are considered related parties because Resurrected Bites CIO is the sole member of Resurrected Bites CIC. This relationship is further reinforced by the presence of mutual directors in the CIC and trustees in the CIO, as well as shared key management personnel.

In May 2024, the trade and assets of Resurrected Bites CIC were transferred to Resurrected Bites CIO. The total value of the transfer amounted to £75,660, which comprised the following:

Fixed assets (equipment and vehicles) with a net book value of £9,292 and equipment purchased during the financial year of £1,308;

Stock valued at £5,000; and

Cash at bank and petty cash balances totalling £60,060.

During the year, a number of expenditure recharges were conducted between the two organisations. These recharges arose because the majority of overhead costs post-transfer were incurred by Resurrected Bites CIO. The recharges covered costs such as rent, warehouse expenses, CEO salary, and other overheads. These were allocated on a proportional and systematic basis to ensure a fair and reasonable apportionment of shared costs. The total recharges during the year amounted to £14,868, which were fully settled by the year-end.