Reglstered Charity Number: 1208406
WELLS STOREHOUSE
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 May 2025

WELLS STOREHOUSE
REFERENCE AND ADMINISTRATIVE INFORMATION
Trustees
The Trustees during the period ended 31 May 2025 were as follows:
SaTah Mechen
Neville Dyke
Margaret Mitch811
Sltsan Hubbard
Paul Willshire
Prlnclpal Address
The Old Pumphous
Rowdens Road
Wells
Somerset
BA5 ITU
Independent Examiner
Bells A￿oUntants
1 Oa High Street
Chislehursl
Kent. BR7 SAN
Charity Number
1208406
Bankers
Lloyds Bank PIC
PO Box 1000
Andover
BX1 1LT

WELLS STOREHOUSE
REPORT OF THE TRUSTEES
The Trustees present their report with the receipts and payments account of the charity for the year ended 31
May 2025. The Trustees have adopted the provision5 ofAccounting and Reporting by Charities.. Statement of
Recommended Practice applicable lo charities preparing their accoLJnls in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffeclive 1 January 20191.
This reFK>It oullines the work of Wells Storehouse during the year 012025.
Alms and Objectives
The objects of the charity are for the public benelil., the prevention or relief of poverty or tinancial hardship in
Wells and the suriounding aiea. Wells Storehouse provides furniture, essenti21 items, and operates a food
bank lo provide food parcels, emergency food supplies and related services lo individuals who have been
identified as being in financial need.
Background
Wells Foodbank and Fumiture Store were compassion mlnislrles of the Wells Vineyard Church. As the
ministries grew, enhanced governance was needed and the Church trustees voted in 2023 to sel up an
independent charity. Wells Storehouse united the foodbank and furniture store ministries. Wells Storehouse
was founded by Neville Dyke, Sarah Mechen. Margaret Mitchell, Sue Hubbard and Paul Wiltshire. All charilable
activities are undertaken by the trustees supported by a team of len volunloers.
Our Actlvltles
Wells Storehouse pack and supply fwd parcels ￿l¢e a week, and re-purpose furniture and hDU5ehold items
to clients referred by local agencies and organisations such as Citizens Advice, SoryErsel Council, the focal
Connect Community Cenlre. NHS Somerset, local schools and pre-schools etc.
The foodbank opeTales from the grouné floor of the Old Pumphouse. The first floor is rented out lo local groups
for community use. All rental income is used lor charitable activities of Wells Storehouse.
The fi5milure store collects and delivers all goods using our own var¢, and we have the use of a storage
container and four Aster garage5.
We work closely with several local charitable organisalions and regularly allend Wells Community Network
meetings. In parlicularwe are supported by Aster. Wookey Hub, Millslream Workshop, Fosso Lounge, Chadie
Bigham5 plus numerous local charities, schools, businesses and individuals.
Wells Foodbank receives donated surplus food from Waitrose, Tesco and Aldi via the Fareshare and
Neighbourly schemes. We also have an arrangement lo receive surplus food from Charlie Bighams. The
public can donate food in our collection baskets kindly hosted by Wailrose, Morrisons and Tesco.
MillslTeam Workshop is a local charity that re-purposes bicycles, offered free of charge lo our clients and
regular￿ holds bicycle sales to raise funds for us.
Wells Foodbank has enjoyed being the nominated local charity of Fosso Lounge. Fosso has held regular fund
raising activities including mDnlhW quizzes, a Christmas market stall and staff won Ihe regional fundraising
bonus prize for us.
Wookey Hub Collects donations from their coffee shop clients which are used lo buy fresh fruit. vegetables and
eggs distiibuled lo foodbank clients.
Public beneflt
The trustees confirm that they have referred to the recommendations contained in the Charity Commission's
general guidance on public benefit when teviewing Wells Storehouse's aims and objectives. and in planning
activities and selling policies and priorities for the year ahead.
All charitable activities are Somersel based, mainly confined lo the city of Wells and the surrounding villages.
None of the Iruslees or volunteers Teceive any financial benefit or income of any kind.

WELLS STOREHOUSE
REPORT OF THE TRUSTEES
Achlevements and performance
Itwould be impossible lo thank evoryone who helps us provide our charitable services but we are very grateful
for all of our volunteers. our r￿ular and one-off givers and the people who support us in a variety of different
ways. Everything we do is a team 8ffort and achievement.
We received £10,000 from the Wells Vineyard Christian Fellowship, our former governing body. This was pald
from fvnds held by Wells Vineyard Christian Fellowship. These funds are former donations that are reslricled
lo the Wells Foodbank.
A number of grants were awarded during the year, including £500 from Arnold Clark
In-house fund faising activities included holding a quiz night al Wells Town Hall
Foodbank clients were given free admission annual tickets to the Bishop's Palace.
Wells Foodbank had a stand al the Wells Food Festival in October in the 'food for thought. tent.
The charity Hepc Trust held an information day al the Old Pumphouse.
The Foodbank offered a short work experience for a Blue School student and a longer placement under the
Duke of Edinburgh award scheme. One of the students has now joined our volunteers for the SatL¢rday
session.
We were able lo offer the services of a money coach to foodbank clients who could work alongside them lo
help manage their budgets. Clients were signposted lo olher services such as the Connect Centre and Mendip
Credit Union.
The rising cost of living increased the number of working individuals seeking help. Over the year we provide
an average of fifty food parcels every week to individuals, couples and families. We also provided pel food
and toiletries. The furniluie sloiehoLJ5e re-purposes an average of fifteen items, to and from, an average of
five households per week, One of our volunteers performs PAT lesling free of charge for our electrical items
both used in-house and donated to clients.
The foodbank donates surplus food to the Sheplon Mallet and Glastonbury Community frldges.
Flnancial Review
During the year the Charity generated income tolalling £30.976 and incurred expenditure of £7,550. The charity
held funds on hand of £23,426 at 31 May 2025.
PRINCIPAL FUNDING SOURCES
All operations are funded by donations, (from private individuals, local businesses 2nd govemmentl with
Occasional grants, as sought or required, from grant making organisalions such as companies and charitable
foundations. Activities are also finanGially supported by fund raising activities.
INVESTMENT POLICY
The charity does not currently hold sufficient funds to warrant inveslrNenl. However, the charity banks with
Lloyds Bank, which has a sound ethical banking policy.
RESERVES POLICY
The general fund reserves at 31 May 2025 were £23.426. The Charity ensuies it will be able to maintain
adequate free reserves to manage any reasonably foreseeable contingency and comply wtth the Charity
Commission guidance.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The organisalion was established and registered as a charity on 28 May 2024. The charity is established under
a Constitution which sets out thè objects and powers of the Irusl.

WELLS STOREHOUSE
REPORT OF THE TRUSTEES ¢ont'd
Truste8s' Responsibllities in Relation to the Flnanclal Statements
Charity law requires the Iruslees to prepare accounts for each financial period which show a true and fair view
of the slate of affair5 01 the charity and of its financial acts"vilies for that period. In preparing those accounts, the
Iruslees are required to..
select suitable accounting policies and then apply them consistently.,
make judgements and estimates that are reasonable and piudent.,
obseNe the methods and principles of the Charities, SORP, Ac¢ounling and Reporling by Charities.,
51ale whether applicable accounting standards and stslements of recommended practlce have been
followed, subject lo any departure disclosed and explained in the financial stalemenls. and
prepare the accounts on the going concern basis unless it is inappropriate lo assume that the charity
will continue on that basis,
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy
al any lime the financial position of the charity and lo enable them lo ensure that the accounts comply with the
statement of Recommended Practi￿. They are also responsible for safeguarding the assets of the charity
and hence for taking reasonable steps for the prevention and detection of fraud and other irrogularilies,
The Trustees, report was approved by the Board of Trustees.
Sarah Mechen - Chair of Trustees
2610312026

WELLS STOREHOUSE
Independent Examiner's Report to the Trustees of Wells Storehouse
Respective respon$ibilltles of the trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The Charity's trustees consider that
an audit is not required for this ye8r (under section 144{21 of the Charities Act 2011 {the 2011 Act)} and that
an independent examination is needed.
It is my responsibility to..
examine the accounts (under section 145 of the 2011 Actl-
lo follow the procedures laid down in the General Directions given by Ihe Charity Commissioners
(under section 14515llb) of the 2011 Acl}'. and
to stale whether particular m8tters have come lo my attention.
Bas￿ of Independent examlner's report
My examination was carried out in accordance with the General Directions given by the Charity
Commissioners. An examination includes a review of the accounting records kept by the charity and a
¢omparison of the accounts presented with those records.11 also includes Consideration of any unusual items
or dis¢l()sure in the accounts and seeking explanations from you as trustees coneerning any such mallers.
The procedures undertaken do not provide all the evidence that would be required in an audit. and
onsequently no opinion as to whether the accounts present a 'true and fair view, and the report is limited lo
those matters sel out in the statement below.
Independent examinerfs stat8rn9nt
In connection with my examination. no matter has come lo my attention.
{1}
which gives me reasonable cause lo believe that in any material respect the requirements
keep accounting records in accordance with section s130 of the 2011 Act.. and
to prepare accounts which accord with the accounting records and to comply with the
accounting requirernenls of the 2011 Act
have not been mel., or.
121
to whlch, in my opinion. attention should be drawn in order to 8nab16 a proper understanding of the
accounts to be reached.
Bells Accounlanls
10a High Street
Chislehursl
Kent
BR7 SAN
2610312026

WELLS STOREHOUSE
INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 May 2025
Unrestricted Restrlcted
Fund$
Funds
Total
Funds
2025
Incomlng resource5
Income from
Grants and donations
Charitable activities
Fundraising
Donations prior to incorporation
Other income
10,861
2,545
5,168
2,402
10,000
10,861
2,545
5,168
2,402
10.000
Total Income
30,976
30,976
Resou￿ Ès expended
Costs of generating funds
Char¢lable activities
3,083
467
3,083
Total expendlture
7,550
7,550
Net incom¢
23,426
23,426
Net movement In funds
23,426
23,426
Total funds carried forward
23.426
The income and expenditure account includes all receipts and payments for the perlod. A11 income and
expenditure derive from continuing aclivilies.

WELLSSTOREHOUSE
BALANCE SHEET
ASAT31 MAY2025
Total
Funds
2025
Current assets
Cash al bank and in hand
23,666
23.666
Credltors
Amounts falling due within one year
12401
N¢t ¢urr8nt assets
23.426
Net assets
23.426
Funds
Unreslricled funds
Total funds
23.426
These finanoial statements were approved by the Board of Trustees on 261312026 and were signed on its behalf by..
Sarah Mechen-chair of Trustees

WELLS STOREHOUSE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MA Y2025
1 Accounting policies
Accounting convèntlon
The accounts (financial statements) have been prepaTed under the historical cost convention with
items recognised al cost or transaction value unless otherwise stsled in the relevant notes to these
accounts. The financial statements have been prepared in accordance with the Slalemenl of
Recommended Practice". Accounting and Reporb'ng by Charities preparing their accounts in
accordance with the Financial Reporting Stsndard applicable in the United Kingdom and Republi¢ of
Ireland IFRS 1021 leffeclive 1 January 20191, and the Charities Act 2011.
Fund structure and accounting
Restricted donations are available for the charity's use only in accordance with the terms under which,
and for the purposes which, the funds were donaled lo the charity.
Unrestricted funds are available for use at the discretion of the trustees in fvrtherance of the general
objectives of the ¢haTIty.
Ineoming resources
All income is included in the slalement of financial activities when the charity is entitled to the income
and the amountcan be quantified with reasonable accuracy. The following specific policies are applied
to particular categories of inGome',
Voluntary income is received by way of grants, donations and gifts and is included in full in the
ststemenl of financial activities when re￿1Vable.
Investment income is included when receivable.
Resources expended
Expenditure is rècognised on an accrual basis as a liability is incurred. Expenditure includes VAT
which cannol be recovered and is reported as part of the expenditure to which it relates.
Chari12ble expenditure comprises those costs incurred by the charity in the delivery of its activities and
service5 for ils beneficiaries.11 includes both costs that can be allocated directly to such activities and
those costs of an indirect nature necessary lo support them.
Governance costs include those costs associated with meeting the constitutional ancl statutory
requirements of the charity and include the independent examination fees and costs linked to the
strategic management of the charity.
All costs are allocated be￿een the expendilure ¢alegories ol the statement of financial activities on a
basis designed lo reflect the use ol the resource. Costs relating lo a particular activity are allocated
directly, others ale 8PPOrtioned on an appropriate basis e.g. floor area or estlmaled usage, as set out
in Note 4.
stock
Various goods are donale¢J to the Charity and are not included in the accounts as no valije is attached
to them. The Charity is in regular receipt of unwanted items. All goods taken in by the Charity are
given free gratis and with no conditions 8118ched thereto, therefore no liability exists in receiving such
goods or in their disposal.

WELLS STOREHOUSE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MA Y2025
Grants and Donatlons
Unre$trict¢d Restricted
Funds
Funds
Total
Funds
202S
Foodbank18d hocl
Foodbank Iregularl
Donations furniture store
Donation platforms
Grants
6,073
2,488
140
1,680
500
6,073
2.488
140
1,660
500
10,861
10,861
Income from Charitable a¢tfvittes
Unrestricted Restricted
Funds
Funds
Total
Funds
2024
Room hire
Furniture store sales
Foodbank sales
2,285
140
120
2.285
140
120
2,545
2.545

WELLS STOREHOUSE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY2025
Charltable expendlture
Charltable Governance
expendlture
Co8t8
Total
Funds
2024
Cost5 allocated directly to a¢tivltle$
Foodbank food purchases
Foodbank other costs
Foodbank other purchases
Fumiture store vehicle Gosts
2,701
481
750
535
2,701
481
750
535
Support costs allocated to activities
Building insurance
Building maintenan
Donation platform fees
Inlernel charges
Sl Andrew's Press
Technology
Telephone
Sundry
946
229
622
198
262
492
946
229
622
198
262
492
54
40
40
Governance costs
AccoLJntancy and bookkeeping costs
240
240
7,310
240
7,550
Net Income for the year
2025
Independent examinef s fees
240
Taxatlon
A5 a regislereé Charity, Wells Storehouse is exempt from 18x on income and gains falling within Part 11
of the Corporation lax Act 2010, lo the exlenl that these are applied lo its charitable objects. No tax
charges have arisen in the Charity.
C￿dItOrs. Amounts falling due withln one year
2025
Accrued expenses
240
240
10-