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2025-03-31-accounts

TRUSTEES’ ANNUAL REPORT

FOR THE PERIOD FROM 9 SEPTEMBER 2024 TO 31 MARCH 2025

Charity Registration Number: 1209937

TRCCT - Trustees’ Annual Report for the period from 9 September 2024 to 31 March 2025

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CONTENTS

Objectives and Activities ........................... 3 Achievements and Performance ................ 4 Financial Review ........................................ 4 Structure, Governance and Management . 5 Reference and Administrative Details ....... 5 Declarations .............................................. 6

TRCCT - Trustees’ Annual Report for the period from 9 September 2024 to 31 March 2025

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Objectives and Activities

The purposes of the charity, as described in its governing document, are the prevention or relief of poverty in Lowestoft and the surrounding areas or such wider area as may seem appropriate from time to time by providing grants, items and services to individuals in need and/or charities, or other organisations working to prevent or relieve poverty and in particular, but not exclusively, by providing food and help to those in crisis including signposting to other agencies.

The charity was registered on 9 September 2024 in readiness for becoming the new home, on 1 April 2025, for two social action projects formerly conducted by Lowestoft Community Church, namely:

As the charity only became operational when responsibility for delivering these two projects was transferred to it on 1 April 2025 (including all related staff and assets), activities during the period to 31 March 2025 were confined to making all the necessary arrangements to enable that transfer to occur.

Such activities included the appointment and induction of Trustees, opening a bank account, establishing a financial accounting system and appointing accountants and independent examiners, registering with HMRC, establishing and documenting policies and procedures, arranging insurance cover, preparations for receiving the ‘TUPE’ transfer of staff, entering into premises leases and tenancies, entering into contracts and agreements with various third parties, devising and implementing a fund raising strategy, seeking grants, receiving donations, establishing a budget for the coming year and communicating with stakeholders and the public.

Thus, by 31 March 2025 the charity was ready to accept the transfer from Lowestoft Community Church (which went ahead as planned on 1 April 2025) and consequently to begin to achieve its purposes. Everything was in place to commence:

TRCCT - Trustees’ Annual Report for the period from 9 September 2024 to 31 March 2025

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In all this, the trustees have had regard to the guidance issued by the Charity Commission on public benefit.

Achievements and Performance

As stated above, the charity’s achievement during the period was to have everything in place in readiness to commence operations on 1 April 2025, including sufficient funding to sustain those operations.

Financial Review

The charity’s income during the period totalled £17,301 and arose primarily from one-off and regular gifts from individuals. Expenditure totalled £1,344 and relates mainly to costs associated with establishing the charity, such as the accounting system set-up costs and the premium for insurance cover.

The charity’s financial policy stipulates that it intends

“T o maintain unrestricted funds, which are the free reserves of the charity, at a level which equates to at least three months of unrestricted expenditure (according to the current annual budget or most recent management accounts projection) ”.

This is partly to provide a buffer against the impact of fluctuating income, but primarily to enable an orderly winding down of operations should it ever become apparent that the charity is no longer able to continue as a going concern. This level was not achieved at 31 March 2025, but the budget set for the year beginning 1 April 2025 anticipates that it will be reached by 31 March 2026. Reserves stood at £15,957 on 31 March 2025.

During the period, the charity secured a commitment from Trussell Trust to provide it with a £33,000 “Emergency Support Grant”, payable on or soon after 1 April 2025, to relieve the anticipated cash flow pressures during its first three months of operations.

TRCCT - Trustees’ Annual Report for the period from 9 September 2024 to 31 March 2025

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Structure, Governance and Management

The charity is constituted as a Charitable Incorporated Organisation and its governing document is its Constitution.

Trustees are selected and appointed according to the relevant provisions of the charity’s Constitution, which state (at Section 10):

Reference and Administrative Details

Charity Name The Rob Clarke Community Trust
Other Names the Charity Uses • Lowestoft and District Foodbank
• Lowestoft FISH
Registered Charity Number 1209937
Charity’s Principal Address 2 Canning Road
Lowestoft
Suffolk
NR33 0EQ
Names of the Charity Trustees who
Manage the Charity
• Richard Youngs (Chairperson)
• Ben Parish
• Alex Godfrey
• Emma Clarke

TRCCT - Trustees’ Annual Report for the period from 9 September 2024 to 31 March 2025

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Declarations

The Trustees declare that they have approved the Trustees’ Report above.

Signed on behalf of the charity’s Trustees:

Full Name: Richard Youngs
Signature:
Position: Chairperson
Date: 18 June 2025

TRCCT - Trustees’ Annual Report for the period from 9 September 2024 to 31 March 2025

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1209937
For the period
from
09/09/2024 To 31/03/2025
Section A Receipts and payments
A1 Receipts Unrestricted
funds
to the nearest £
15,798
46
-
-
-
-
-
-
15,844

-
-
-
15,844
436
15
47
811
-
-
-
-
-
1,309
-
-
-
1,309
14,535
-
-
14,535
Restricted
funds
to the nearest £
1,458
-
-
-
-
-
-
-
1,458
-
-
-
1,458
-
-
-
-
35
-
-
-
-
35
-
-
-
35
1,423
-
-
1,423
Endowment
funds
to the nearest £
Total funds
to the nearest £
17,256
46
-
-
-
-
-
-
17,302
-
-
-
17,302
436
15
47
811
35
-
-
-
-
1,344
-
-
-
1,344
15,957
-
-
15,957
Donations 15,798 - 17,256
Interest received 46 - 46
- - -
- - -
- - -
- - -
- - -
- -
-
-
Sub total(Gross income for AR) 15,844 17,302
A2 Asset and investment sales, (see
table).
- - -
- -
-
-
Sub total - -
Total receipts
A3 Payments
- 17,302

Accountingsoftware and bookkeepingsupport
436 - 436
Bank charges 15 - 15
DBS checks and ICO Registration 47 - 47
Employers, Public Liability, Buildings, Contents
and Trustee Indemnity Insurance
811 - 811

Fundraisingcosts
- - 35
- - -
- - -
- - -
- -
-
-
**Sub total ** 1,309 1,344
A4 Asset and investment
purchases (see table)
, - - -
- -
-
-
**Sub total ** - -
Total payments
Net of receipts/(payments)
A5 Transfers between funds
A6 Cash funds last year end
Cash funds this year end
- 1,344
14,535 - 15,957
- - -
- - -
14,535 - 15,957

CCXX R1 accounts (SS)

22/06/2025

1

Section B Statement of assets and liabilities at the end of the period

Categories
Signed by one or two trustees on behalf of
all the trustees
B1 Cash funds
B5 Liabilities
Signature
Accountancy fees (accrual)
Details
Cash at bank
Details
Total cash funds
(agree balances with receipts and payments
account(s))
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
14,535
1,423
-
-
-
-
14,535
1,423
OK
OK
Fund to which
liability relates
Amount due
(optional)
Unrestricted
600
Print Name
Restricted
funds
to nearest £
1,423
-
-
1,423
OK
Amount due
(optional)
600

CCXX R2 accounts (SS)

22/06/2025

2