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2023-03-31-accounts

Registered Charity Number: 294263 Company number: 02010007

FEED THE POOR

(Company Limited by Guarantee)

Report and Financial Statements For The Year Ended 31 March 2023

FEED THE POOR FOR THE YEAR ENDED 31 MARCH 2023 CONTENTS OF THE ACCOUNTS

Page
Company Information 1
Report of the Trustees 2 — 8
Independent Examiners' Report 9
Statement of Financial Activities 10
Balance Sheet 11
Notes to the Financial Statements 12 — 17

FEED THE POOR FOR THE YEAR ENDED 31 MARCH 2023 COMPANY INFORMATION

Trustees

Mr Riaz Mohammed Zakiyya Summers Saraya Hussain (Resigned 01 May 2023) Tabassum Bibi (Joined 22 March 2023)

Company number

02010007

Company Secretary

Habib Mohammed

Registered charity number

294263

Principal and registered office

354-356 Stratford Road Sparkhill Birmingham, B11 4AA,

Accountants

Manor Hill Accountants 619A Bordesley Green Birmingham West Midlands B9 5XZ

Bankers

Barclays 1 Churchill Palace, London, E14 5HP

Solicitors

Silks Solicitors 27 Birmingham Street Oldbury Birmingham 69 4D

1

FEED THE POOR FOR THE YEAR ENDED 31 MARCH 2023 TRUSTEES' REPORT (CONTINUED)

TRUSTEES' REPORT

The trustees are pleased to present their annual report together with financial statements of the charity for the year ended to 31 March 2023. Which are also prepared to meet the requirements for a directors’ report and accounts for companies Act purposes.

The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Articles of Association and 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)

Structure, Governance and Management

The Directors of the Charitable Company are its Trustees for the purposes of charity law. The Trustees and Officers serving during the year and since the year end were as follows

Mr Riaz Mohammed Zakiyya Summers Saraya Hussain (Resigned 01 May 2023) Tabassum Bibi (Joined 22 March 2023)

Company Secretary – Habib Mohammed

The Senior Management Team takes day to day responsibility for operational management of the Charity. During the year the Senior Management Team comprised the following key individuals

MR HABIB MOHAMMED – OPERATIONS MANAGER.

Constitution

FEED THE POOR is a company limited by guarantee, governed by its articles of association incorporated 14 APRIL 1986, as amended by special resolution dated 2 November 2004.

Appointment of trustees

The Board of Trustees consists of local people that collectively have the skills, expertise and experience to ensure that the Charity is managed effectively.

Where a vacancy arises a new trustee is appointed only by the passing of a resolution of the Board of Trustees.

Organization

The Board of Trustees administers the Group. A General Meeting is held every calendar year as an Annual General Meeting - All General Meetings, other than Annual General Meetings, shall be called Extraordinary General Meetings.

The Board may call whenever they think fit to convene an Extraordinary Meeting.

2

FEED THE POOR FOR THE YEAR ENDED 31 MARCH 2023

TRUSTEES' REPORT (CONTINUED)

TRUSTEES' REPORT (CONTINUED)

The Board of Trustees includes a range of individuals with the appropriate knowledge and experience, external advisors may be engaged, be they paid or voluntary, where the Board deem it necessary to support them in their role.

A CEO and Operations manager are appointed by the Trustees to manage the day-to-day operations of the Charity.

Mission and strategic objectives

The objectives for which the Feed the Poor is established are the relief of poverty and sickness and the advancement of education in any part of the world.

Risk Management

The trustees assess the risks the charity may face on an on-going basis and manages those identified risks throughout the year. Policies and procedures are put in place to ensure that risks are controlled, managed & where needed, improved.

The trustees are satisfied that systems are in place, or arrangements are in hand, to manage risks that are identified. In particular, the trustees are aware of the risks associated with providing humanitarian aid in a conflict zone or high-risk countries and these are being managed.

We also have due diligence processes in place to monitor volunteers, fundraisers, partners and delivery of aid.

Internal risks are controlled with procedures& policies put in place to control all transactions, handling of cash and cheques, data protection and compliance with the Health & Safety of staff &volunteers, clients, and visitors.

Procedures are periodically reviewed to ensure they meet with the charity needs. Trustees are kept updated on risks.

Objectives and activities

The objectives for which Feed the Poor is established are the relief of poverty and sickness and the advancement of education in any part of the world. Our everyday goals are to;

3

FEED THE POOR FOR THE YEAR ENDED 31 MARCH 2023 TRUSTEES' REPORT (CONTINUED)

TRUSTEES' REPORT (CONTINUED)

In line with its main objectives, the charity continues to provide many services and activities as summarised below and they are described in greater detail in the separate Reports, Appeals, Website and social media for donors and the public to access any time.

Funded project delivery brings relief in emergency and long-term need situations, meeting the challenges of permanently improving lives for all.

ISRA UK provides regular economic, mental and well-being support to orphans, free education to the less privileged, safe, clean water to whole communities and families, empowerment through vocational programmes, food for the hungry. It provides shelter to refugees and the displaced, delivers a varied range of health care, and many other initiatives for public benefit all with the aim of changing lives for the better.

The trustees achieve these objectives mindful of the charity’s benefit to the public, with regard to the guidance provided by the Charity Commission on public benefit.

Use of Volunteers

Volunteers give up their time, their wealth, and their energies to assist our work. The goodwill and assistance of volunteers contribute greatly to the work of the charity. We are extremely grateful to the numerous individuals and groups who have supported our appeals, participated in events, and have donated or fundraised in their spare time to help those in need.

Where safe to do so, Volunteers are invited, and have visited field projects to see how and implement for them-selves, their contributions.

Participation in such programmes is not only beneficial to the visitor who sees firsthand the positive impact they are making but also to the beneficiary who feels included and not forgotten due to this type of visit

ISRA UK is continually appraising its volunteer policy, with due diligence and codes of conduct paramount in its thinking.

Achievements and performance

New and ongoing human crisis in different areas of the world required quick & direct responses, to which the charity successfully rallied in its delivery efforts during this period.

4

FEED THE POOR FOR THE YEAR ENDED 31 MARCH 2023 TRUSTEES' REPORT (CONTINUED)

TRUSTEES' REPORT (CONTINUED)

Yemen

The conflict continues to impact the country massively with the youngest suffering the most. More orphans were added to our sponsorship scheme, giving consistent monthly assistance. Our malnutrition project identifies severely malnourished infants in need of regular and/or high calorie food and medicine. The scheme is often the last hope for a child. Such treatment, as most things for many in Yemen, would be normally unaffordable for the family and the child would become just another statistic. Survival rates are high once the child is placed.

Country wide delivery of food (Packs), water solutions, emergency support and clothing continue.

Pakistan

The countrywide floods affecting Pakistan from July 2022 into 2023 devasted masses of towns and cities. ISRA UK’s presence in the south of the country enabled it to assess quickly and react with sustained Emergency aid throughout, culminating in a UK team visiting in January 2023 to assess and put in place long term rehabilitation plans for the many who had lost homes and livelihoods.

In the North of the country & in Azad Kashmir our winter assistance provided shelter, warm clothing & blankets, with food packs distributed during the most difficult of times.

The trustees ensured the charity consolidated it’s efforts in the field of refugee care, orphan support and clean water provision, providing assurance to both beneficiary and benefactor.

The charity accelerated it’s feeding programmes, bringing forward core projects to assist our partners in the field in getting vital nourishment to the poorest, to offset possible interruption resulting from the continued pandemic restrictions and difficulties resulting from the floods

Our One-to-One comprehensive Orphan support ensured 154 children across Yemen, Gaza, Pakistan and Kashmir received regular monthly assistance throughout the year. Our Orphan fund contributed support to children by giving access to free education, food relief, shelter, water security and health care.

Water poverty in Pakistan, Uganda and Yemen was permanently alleviated for many by the provision of over 250 Hand Pumps, Spring wells and Water connections.

Emergencies in Turkey, Pakistan, Uganda and Yemen, saw repeated delivery of palatable water in extremely difficult times.

Ramadhan Iftar meal and family staple food packs and Eid gifts to children were delivered to families in Yemen, Gaza, Kashmir, Pakistan, Afghanistan, Uganda, East Sudan, Turkey, and Lebanon.

Access was given by way of direct delivery to homes and refugee camps, along with food kitchens set up (Lebanon/Yemen/Afghanistan and Turkey) assisting the poorest.

5

FEED THE POOR FOR THE YEAR ENDED 31 MARCH 2023

TRUSTEES' REPORT (CONTINUED)

Qurbani was carried out in Yemen, Lebanon, Gaza, Pakistan, Kashmir and East Sudan, fresh meat being delivered directly within 3 days of Eid Ul Adha.

Winter is a time when many suffer, refugees around the world become even more vulnerable to the elements. The need is obvious, and we tackle this by providing staple Food Packs, Winter Clothing, Blankets, and Shelter to families to help them with the added burden of keeping warm and dry.

People in Kashmir, Lebanon, Gaza and Turkey received assistance during the winter of 2022/3

Empowerment projects gift the beneficiary hope. It is usually a means of escape from whatever obstacle is stopping someone living a reasonable and productive life. Education is fundamental is freeing people from a life of poverty, but so too are other low-cost initiatives that can transform lives, yet unaffordable to many due to poverty, catastrophe, or circumstance.

ISRA UK believe that by investing in people, they are able to raise themselves out of poverty long term. Such things as the gifting of a simple wheelchair can make a massive impact to a poor person and their family. Independency is a major feature of this project, giving dignity and freedom to the beneficiary and respite for their family, in some cases, employment is gained either by the wheelchair user or the family member, who’s energy can now be focused on gaining employment or skills. Agricultural, communal infrastructure and vocational training are just some of the other initiatives invested in by the charity to help those less fortunate, to help themselves build a better life.

UK

Economic struggle is very real in the UK and worsened since the COVID-19 pandemic, plus the fuel crisis, and economic crisis around the world. The charity has witnessed a growth in working families needing assistance from our food bank and a place to seek support or participate in training & advice surgeries. Over 800 individuals and families have been assisted through our food bank since April of 2022

The Community Space rediscovered its impactful role post pandemic, by implementing well used initiatives to local need in Birmingham.

We worked closely with local and national organisations and supermarkets to replenish stocks ensuring targeted help is always at hand to those struggling to make ends meet.

Our safe space provides family activities in a secure and friendly environment also enabling them to make friends or just chat. Various workshops were offered on Well Being, fitness, Cooking. Day trips to Art Galleries, parks and to the beach were organised.

Note* The community space along with offices are to relocate from May 2023 but will continue to offer assistance to all struggling to make ends meet and will add to it’s service by adding to it’s network of funders and likeminded organisations.

6

FEED THE POOR FOR THE YEAR ENDED 31 MARCH 2023

TRUSTEES' REPORT (CONTINUED)

Financial Review

The trustees have reviewed the reserves of the charity. It will utilise funds as it receives within a year of donation. Reserves are held for long term projects such as Orphan Sponsorship and Education support and emergency & disaster fund.

The trustees are very aware of the need to maintain healthy financial reserves in order to fund future projects.

Careful finance and cost management has enabled the charity to maintain a continuous reserve suitable to its needs.

The results of financial statements show a deficit of £76,013 compared to a deficit of £141,780 in previous financial year, Donations are decreased from £913,826 to £843,621 FTP benefited from receiving an increased number of donations from smaller donors. Consequently, the trustees are pleased with the performance of fund-raising activities.

Future Plans and Objectives

To ensure maximum benefit to the public and beneficiaries. Reduction of operating overheads wherever possible are foremost in the trustee’s plans. Initiatives such as relocating to smaller premises, encouraging staff to work from home, and better use of technology will be considered in the charity’s ongoing operational strategy.

The charity will remain primed to rapidly respond in emergency situations to serve crisis hit communities, relying on its many years of experience to deliver aid.

We are committed to participate in ending humanitarian suffering and mitigating it effects and consequences for marginalised communities.

We maintain the responsibility to protect lives and dignity and to support these communities to claim their rights to live decently.

We will advocate, through empowerment projects, equality, and justice for all, enhancing their capabilities and opportunities, focusing on women’s right to be equal in society.

For many the Covid 19 pandemic has left a negative legacy of financial and health struggle. Our work within the local Community has never been more relevant. Our goal for the community department is to continue to work closely with other organisations, community centres and businesses to reach more families who will undoubtably struggle through the coming months and years with the ever-increasing cost of living.

ISRA UK will be there as a safety net to get them through the hardest times.

7

FEED THE POOR FOR THE YEAR ENDED 31 MARCH 2023 TRUSTEES' REPORT (CONTINUED)

Reference and administrative Details

England and Wales Charity Number: 294263 Company Number: 02010007 Registered Office: 354-356 Stratford road, Sparkhill, Birmingham, B11 4AA Our advisors Accountants Manor Hill Accountants 619A Bordesley Green Birmingham West Midlands B9 5XZ Bankers Barclays 1 Churchill Palace, London, E14 5HP Solicitors Silks Solicitors 27 Birmingham Street Oldbury Birmingham B69 4D

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FEED THE POOR FOR THE YEAR ENDED 31 MARCH 2023

TRUSTEES' REPORT (CONTINUED)

INDEPENDENT EXAMINER S' REPORT TO THE TRUSTEES OF FEED THE POOR

I report on the accounts for the year ended 31 March 2023 set out on pages Ten to Seventeen.

Respective responsibilities of 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 year (under Section 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is required.

It is my responsibility to:

Basis of the independent examiner's report

My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair view ' and the report is limited to those matters set out in the statements below.

Independent examiner's statement

In connection with my examination, no matter has come to my attention:

Mazher Saleem FCCA Manor Hill Accountants 619A Bordesley Green Birmingham West Midlands B9 5XZ

9

FEED THE POOR FOR THE YEAR ENDED 31 MARCH 2023 TRUSTEES' REPORT (CONTINUED)

STATEMENT OF FINANCIAL ACTIVITIES

Notes
Income
Donations
Donations and grants
3
Income
from
charitable
activities
Other income
3
Total income
Expenditure
Expenditure on raising funds
4
Expenditure on charitable activities
4
Total expenditure
Net income before taxation
Taxation (charge)/ credit
6
Net movement in funds
Total funds brought forward
Total funds carried forward at 31
March 2023		 Unrestricted
Funds
2023
Total
2022
Total
843,621
843,621
913,826
-
-
14,335
843,621
843,621
928,161
18,863
18,863
19,649
900,771
900,771
1,050,293
919,634
919,634
1,069,941
-76, 013
-76, 013
-141,780
-
-
-
-76, 013
-76, 013
-141,780
315,417
315,417
457,197
239,404
239,404
315,417		 Unrestricted
Funds
2023
Total
2022
Total
843,621
843,621
913,826
-
-
14,335
843,621
843,621
928,161
18,863
18,863
19,649
900,771
900,771
1,050,293
919,634
919,634
1,069,941
-76, 013
-76, 013
-141,780
-
-
-
-76, 013
-76, 013
-141,780
315,417
315,417
457,197
239,404
239,404
315,417
919,634
919,634
1,069,941
-76, 013
-76, 013
-141,780
-
-
-
-76, 013
-76, 013
-141,780
315,417
315,417
457,197
239,404
239,404
315,417

10

FEED THE POOR FOR THE YEAR ENDED 31 MARCH 2023 TRUSTEES, REPORT ICONTINUEDI BALANCE SHEET NotOS 2023 Total 2022 Total Flxed assots Tangible assets 3,395 3.395 4,527 4,527 Currenl assets Debtors Cash at bank and in hand 239,198 242.594 316,162 320,689 Cr8ditors: Amounts falling due within one year Net current assets 13.189) 239.404 (5,271) 315,417 Reserves Unrestricted funds 239.404 315.417 Total funds 239 404 315 417 The financial statement5 W6re approved by the trK*ard on by.. 411&113 and signed on th6tr beha Riaz Mohamme Trustso Tabassum Bibi Trustee Charity registrallon number: 294263 li

FEED THE POOR FOR THE YEAR ENDED 31 MARCH 2023 TRUSTEES' REPORT (CONTINUED)

NOTES TO THE FINANCIAL STATEMENTS

1. Accounting policies

The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

Company information

The Charity is limited by guarantee, with the liability of members limited to £100 per member. The charity is registered in England and Wales with the Charity Commission. The registered office is 354-356 Stratford Road, Sparkhill, Birmingham, B11 4AA.

If upon winding up or dissolution of the charity there remain any assets, after satisfying all debts and liabilities, the assets represented by the accumulated fund shall be transferred to some other charitable body or bodies having objectives similar to the Charity.

1.1. Accounting convention

The financial statements have been prepared on a going concern basis 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 (FRS102) (effective 1 April 2015) ("Charities SORP (FRS102)"), the Financial Reporting Standard applicable in the UK (FRS 102), the Companies Act 2006 and the Charities Act 2011.

Feed The Poor meets the definition of a public benefit entity under FRS 102.

Assets and liabilities are initially recognised at cost or transaction value unless otherwise stated in the relevant accounting policy notes.

On the grounds that the charity comes under the definition of small charities the charitable company has taken advantage of certain exemptions conferred by section 1.11 of FRS102 as follows:

Exemption from disclosing the carrying amounts of each category of financial assets and financial liabilities at the reporting date as required by section 11.41 of FRS 102.

Exemption from presenting a charitable company statement of cash flows as a primary statement to the financial statements.

1.2. Going concern

The Trustees have at the time of approving the financial statements a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. In addition, the Trustees have no intention to wind the company up in the foreseeable future. It is considered that there are currently no material uncertainties which impact on the charity being able to continue in its current form. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3. Income

Income is recognised when the charity has entitlement to the funds, any performance conditions attaching to the item(s) have been met, it is probable that the income will be received and the amount can be measured reliably. Income from grants is recognised when the charity has entitlement to the funds, any performance conditions have been met, it is probable that the income will be received and the amount can be measured reliably. Where grant income has been received, but the charity has not matched the conditions to become entitled to the income, an income deferral is made.

12

FEED THE POOR FOR THE YEAR ENDED 31 MARCH 2023 TRUSTEES' REPORT (CONTINUED)

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

Donated goods and services

Donated professional services and facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from use of the item is probable and the economic benefit can be measured reliably. In accordance with the Charities SORP (FRS102), the value of volunteer time is not recognised in the financial statements.

On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is recognised in expenditure in the period of receipt.

Income from goods donated for sale in the charity’s shops is recognised at the point of sale. As a result of the high volume of low value donated goods received by the charity, the cost of recognising these items at fair value on receipt would outweigh the benefit of recognising them in the accounts.

Investment income

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of interest paid or payable by the Bank.

Rents from letting of charity hall are included when they are receivable by the charity.

1.4. Fund accounting

Unrestricted funds are funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for a particular purpose. Trustees have not classified any funds received as restricted till now.

1.5. Expenditure

All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings they have been apportioned on a basis consistent with the use of the resources.

The cost of raising funds includes fundraising event costs, direct campaigns, general information and public relation costs and their associated support costs.

Expenditure on charitable activities relates to grants awarded and associated support costs. Irrecoverable VAT is charged as a cost against the activity for which expenditure was incurred.

1.6. Allocation of support costs

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include administration, finance, human resources, information systems and governance costs which support the services provided to beneficiaries.

These costs have been allocated between the costs of raising funds and expenditure on charitable activities on the basis set out in note 4.

13

FEED THE POOR FOR THE YEAR ENDED 31 MARCH 2023 TRUSTEES' REPORT (CONTINUED)

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

1.7. Staff Cost

The costs of short-term employee benefits are recognised as a liability and an expense where settlement of obligations does not fall within the same period

1.8. Tangible fixed assets

Fixed assets are included on a historical cost basis. It is a policy of the trustees that individual items with a cost below £300 are not capitalised. Depreciation is provided at the following rates and bases to write off the cost of tangible fixed assets over their estimated useful lives by annual instalments, with a full year’s charge in the acquisition year and no charge in the year of disposal:

Fixtures and fittings 25% reducing balance Motor vehicles 25% reducing balance Computer Equipment 25% reducing balance

1.9. Stock

It is impractical to estimate the fair value of goods donated for sale in the charity's shops due to the high volume of these items and to include it on the balance sheet. The value of these goods to the charity is instead recognised when they are sold in the shops.

1.10. Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity held for working capital. Bank overdrafts are shown within borrowing in current liabilities.

1.11. Taxation

Feed The Poor is a registered charity and as such is a charity within the meaning of schedule 6 of the Finance Act 2010. Accordingly, the Charity is potentially entitled to tax exemption under part 11 of the Corporation Tax Act 2010 or section 256 of the Taxation of Chargeable Gains Act 1992 in respect of income and gains arising.

2. Allocation of support costs

Support costs are allocated between the various activities of the charity based on an estimate by management of time spent by employees on each activity. Some employees have roles which support more than one activity. The allocation of these costs are considered to be critical to the accounts because they have the ability to materially alter the allocation of costs between expenditure on raising funds and expenditure on charitable activities.

14

FEED THE POOR FOR THE YEAR ENDED 31 MARCH 2023 TRUSTEES' REPORT (CONTINUED)

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

3. Income
Donations and non-performance grant
Donations Received
Uk Govt Grants
4. Analysis of expenditures
Expenditure on raising funds:
Fundraising Charges
Expenditure on charitable activities:
Water, Health, Education and Development
Widows and Orphans Support
Emergency, Water Aid and Natural Disaster
Total expenditure		 Direct
Costs
1,498		 Unrestricted
Total
Total
Income
2023
2022
£
£
£
843,621
843,621
913,826
-
-
14,335
843,621
843,621
928,161
Allocated
Total
Total
Costs
2023
2022
£
£
£
17,365
18,863
19,649
1,498 17,365
18,863
19,649
407,240
151,602
215,821		 66,295
473,535
552,139
24,679
176,281
205,542
35,134
250,955
292,612
126,108
900,771
1,050,293
143,473
919,634
1,069,941
774,663
776,161

15

FEED THE POOR FOR THE YEAR ENDED 31 MARCH 2023 TRUSTEES' REPORT (CONTINUED)

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

4. Support Costs

Support costs in the current year have been allocated based on an estimate, by management, employment costs are based on time spent by employees contributing to each activity. Support costs have been allocated as follows.

Donations campaign
Feeding, Health, education, development
Widows and orphans support
Emergency,
Water
Aid
and
natural
disaster		 Employment
Premises
Administration
Total
Total
costs
costs
costs
2023
2022
£
£
£
£
£
6,373
4,366
6,626
17,365
18,781
24,330
16,667
25,298
66,295
77,299
9,057
6,204
9,418
24,679
28,776
12,894
8,833
13,407
35,134
40,966
52,655
36,069
54,749
143,473
165,822

5. Information regarding trustees and employees

Staff costs comprise

Staff costs comprise
Wages and salaries
Social security costs
Total employment costs		 2023
2022
£
£
161,023
236,671
6,255
14,397
167,279
251,068

6. Taxation

The charitable activities of Feed The Poor are exempt from taxation under Chapter 3 of part 11 of the Corporation Tax Act 2010.

16

FEED THE POOR FOR THE YEAR ENDED 31 MARCH 2023

TRUSTEES' REPORT (CONTINUED)

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

7. Fixed Assets

Fixed Assets
Cost
01-Apr-22
Additions
31-Mar-23
Depreciation
01-Apr-22
Charge for the year
31-Mar-23
Net book values
31-Mar-23
31-Mar-22		 Fixtures and
Computer
Motor
Total
Fittings
Equipment
vehicles
£
£
£
£
18,147
4,400
15,428
37,975
-
-
-
-
18,147
4,400
15,428
37,975
15,394
2,780
15,273
33,448
688
405
39
1,132
16,083
3,185
15,312
34,580
2,064
1,215
116
3,395
2,752
1,620
155
4,527

8. Creditors – Amounts falling due within one year

Other creditors
Taxes & social security costs		 Total
Total
2023
2022
£
£
618
785
2,571
4,487
3,189
5,271

9. Post balance sheet events

There are no post balance sheet events to report.

10. Charity results

No separate Statement of Financial Activities (including Income and Expenditure Account) has been reported for the Charity alone as permitted by section 408 of the Companies Act and Paragraph 397 of Charities SORP (FRS102). The income of the Charity for the year was £843,621 (2022 - £928,161) Expenditure amounted to £919,634 (2022 - £1,069,941). The net deficit/surplus for the year was -£76,013 (2022: -£141,780).

11. Related party transactions

There was no related party transaction to report in 2023 (2022; NIL)

17