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2022-03-31-accounts

Annual Report & Financial Statements 31 March 2022

Company No: 1864134 Charity No: 517817

Institute for Food, Brain and Behaviour

Annual Report and Financial Statements

Contents

1. Report of the Trustees

Declaration

Message from our Chair

Who we are

Trustee’s report

2. Independent Examiner’s report

3. Statement of financial activities

4. Balance Sheet

5. Notes to the Financial Statements

Page 4

Page 5

Page 6

Page 7 Page 8

Page 16

Page 18

Page 21

Page 23

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Report of the Trustees for the year ended 31 March 2022

Administrative information

INSTITUTE FOR FOOD, BRAIN AND BEHAVIOUR

Operating as THINK THROUGH NUTRITION

Company number: 1864134

Charity number: 517817

Trustees and Directors

Mrs Frances Jackson (Chair) Professor Michael Crawford Mr Roger Drage Ms Francesca Findlater Mrs Hilary Gal Dr Alice Parshall Lord Ramsbotham (resigned 14 September 2021) Professor John Stein

Registered office

c/o Critchleys LLP Beaver House 23-38 Hythe Bridge Street Oxford OX1 2EP

Tel: 0800 644 0322 www.thinkthroughnutrition.org

Independent examiner

Critchleys Audit LLP Beaver House 23-38 Hythe Bridge Street Oxford OX1 2EP

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Annual Report and Financial Statements

1. Trustees’ report

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Institute for Food, Brain and Behaviour Report of the Trustees for the year ended 31 March 2022

1. Declaration

The Trustees, who are also directors of the charity for the purposes of the Companies Act, submit their report and financial statements for the year ended 31 March 2022. The financial statements have been prepared in accordance with the accounting policies set out in note 1 and comply with the Companies Act 2006 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) (Effective 1 January 2019)”. The financial statements also comply with the charity’s governing documents. In directing the charity and carrying out their responsibilities, including preparation of this report, the Trustees confirm that as improved welfare of the population is the primary aim of the charity, public benefit as defined and required by the Charity Commission is integral to all our activities.

Constitution

The Institute for Food, Brain and Behaviour is a company limited by guarantee, incorporated in England on 16 November 1984 (No. 1864134). It is also a registered charity (No. 517817). Each member’s liability is limited, on winding up, to an amount not exceeding one pound sterling.

Trustees’ responsibilities

The Trustees are responsible for preparing the Annual Report and the financial statements in accordance with applicable law and regulations.

Company law requires the Trustees to prepare financial statements for each financial year. Under that law the Trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Standards and applicable law). Under company law the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity’s transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. 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 irregularities.

In so far as the trustees are aware:

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Institute for Food, Brain and Behaviour Report of the Trustees for the year ended 31 March 2022 2. Message from our Chair

Message from our Chair

Think Through Nutrition’s aim is to eliminate nutritional poverty, transforming life chances for those who, for whatever reason, are likely to have had limited access to, or even awareness of, the right nutrition. Over the past 12 months, there has been an increased urgency for what we do. In April 2022, The Food Foundation reported that one in seven households are ‘food insecure’ – meaning that they do not have reliable access to a sufficient quantity of affordable, nutritious food. Over seven million adults in the UK currently live in households that are cutting back on food or missing meals, a jump of 57% in the three months from January 2022.

The situation is only worsening. As well as cutting meals, cost of living pressures will likely contribute to households consuming more ultra-processed and nutrient-poor foods, owing to easy accessibility and cheaper prices. The consequence of these trends cannot be overstated: they lead to increased malnutrition - which in turn inevitably leads to an increase in health and behavioural issues. Reports of seriously rising rates of mental health issues for children are particularly troubling.

On our part, we recognise the need to react swiftly to respond to this crisis, taking decisions that will help us to build greater sustainability for the charity, maximising our impact. We continue to build a strong partnership model with public, private and third sector partners in prison, school and community settings that will help us to reach many more individuals, primarily from disadvantaged communities. As a result, the charity will emerge from the past two plus years better placed and more resilient than ever to help meet the challenges of the coming years, and with a stronger voice.

It is a testament to the dedication and resourcefulness of our supporters, staff and Board of Trustees that in a period unlike anything we have seen before - and despite the serious financial challenges posed by the Covid-19 pandemic - we have continued to grow our reach and strengthen our partnerships. Importantly, we have made significant progress in our ability to deliver and to measure impact.

On behalf of the Board, I would like to thank all our supporters for their confidence and their commitment. We will continue to do all in our power to deliver the work now recognised as essential to ensuring better chances in life - despite the serious obstacles faced by so many. We know we can make a difference, and are grateful to all those who help us to make that happen.

I look forward to all we will achieve together in the coming year.

Frances Jackson Chair

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Report of the Trustees for the year ended 31 March 2022

3. Who we are

Who we are

We work to end nutritional poverty and optimise health and mood through food’

Thanks to nearly 40 years of work in this field, we know that mental ill health and behavioural issues are often a direct result of poor diet, and that the right nutrition can transform life chances.

We work to eliminate nutritional poverty for the most marginalised groups in society, to help give everyone a fair chance at life.

Activities

Outcomes

> Improve access to the right food and food information through nutritional information, menu analysis and improvement, and our advocacy for better food standards

Beneficiaries People from:

Why we exist

Diets have deteriorated significantly since the Second World War, with an increase in the consumption of ultra-processed foods and sugar and at the same time, a corresponding and significant reduction in our consumption of crucial micronutrients.

In the UK, it is estimated that 8.4 million families do not have reliable access to a sufficient quantity of affordable, nutritious food. Over 50% of household food purchases are of ultra-processed foods and these numbers will only worsen in the light of soaring inflation and rising costs of living.

Our role in today’s world

Like most charities, in order to meet current demand and address current societal challenges, we are carefully considering the ways in which we drive forward our objectives. As we evolve, our work will continue to be consistent with the following principles, laid out in more detail in in our Trustee’s Report:

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Institute for Food, Brain and Behaviour Report of the Trustees for the year ended 31 March 2022

4. Trustees’ report

A look back on 2021-22

Increasing accessibility of the right nutrition

The Covid-19 crisis has highlighted existing inequalities. As we see levels of food poverty increase, we have had to consider our role in alleviating this issue even more carefully. To become more effective in broader populations and to increase our reach, we are actively building programmes that will support lowincome communities and other disadvantaged groups.

Driving measurable impact

Over the next 12 months, our new programmes will directly improve nutrition and life chances for approximately 5,500 people.

We know that our interventions are all the more powerful as part of a whole-person approach, and when those with lived experience are at the centre of defining how the impact of our work is measured.

Over the last year we have worked closely with our beneficiaries across various programmes to create bespoke outcomes frameworks. These include the voices and reflect the needs of our direct beneficiaries, as well as considering organisational and system requirements. With this approach we are able

to enhance engagement and ownership, with meaningful results.

In this work, we have consulted with leading experts in impact and measurement, including our university research partners at Oxford Brookes University, and health economists at King’s College London and the University of Surrey. This work is strongly guided by our Trustees and Science Advisory Council.

Harnessing the power of data

We are unusual in having a strong and effective outcomes approach and continue to strengthen our measurement capability. This focus allows us to capture the efficacy of our work as robustly as possible and to show organisational partners how food and nutrition can act as a lever for change in the interventions they offer.

Health and wellbeing outcomes

measurement

As a complement to our in-development digital education programme, we began in this past year to build a bespoke impact measurement tool that will allow us to assess health and wellbeing data at scale. This will enable our programme participants to monitor and gain

insights into their individual learning, health and development. It will provide data that will help public and third sector professionals, as well as policy-makers, to make better decisions about their prioritisation of food and nutrition.

This impact measurement tool will be built onto an education platform generously donated to us by one of our corporate supporters, who has gifted us a royalty-free license to their bespoke learning management system, transforming the way that we can deliver and measure our programmes.

Delivering effective projects

Nutrition education and impact

measurement in prisons

In 2021, we were invited to collaborate with the Ministry of Justice and HMPPS to provide a nutrition-focused digital educational pilot programme that will reach approximately 5,000 prisoners and prison staff across four prisons: HMP Berwyn, HMP Wayland, HMP New Hall and HMP Askham Grange. This pilot aims to improve food choices and habits, as well as health and behaviour for participants. We were also asked by Public Health Wales to offer the

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Report of the Trustees for the year ended 31 March 2022 4. Trustees’ report

A look back on 2021-22

programme in both Welsh and English, and they have made funding available that will enable us to do this.

The development of this pilot has been going well and has attracted the attention of a growing list of stakeholders, including the UK Health Security Agency (UKHSA), Public Health Wales, and Defra, who have each sent a representative to join our project team.

Longer-term, the potential reach of this programme across the Criminal Justice System is an estimated 454,000 people.

----- Start of picture text -----
People in
prison,
84,000
HMPPS
454,000
employees,
People on people
50,000
probation,
250,000
MoJ
employees,
70,000
----- End of picture text -----

Nutrition education and

supplementation for children in care

As an example of the kind of work possible in settings where the right nutrition has the potential to make a critical difference in a short amount of time, we are working with Edison Young People to support children and staff in their care homes and schools. As part of this initiative, we are developing a nutrition education and supplementation programme focused on improving food knowledge, food habits, health, and behaviour, that will launch in 2022/23.

Nutrition education for vulnerable

women

We have collaborated with Pause over the past 12 months and are continuing to work with them to provide a nutrition education programme for the women they support who have had their children taken into care.

Focused on helping ’ break destructive cycles and to work toward a more positive future’ , Pause equips women with the tools they need to better care for themselves, aiding ‘recovery and reparation when life has taken a difficult turn’ . As part of this collaboration we are developing a bespoke nutrition education programme

focused on improving food knowledge, food habits, health and behaviour and aid in building self-esteem, that will launch in 2022/23.

Nutritional Intervention for

pressured staff at the John Radcliffe Hospital

We have submitted and are awaiting Ethics Committee approval for a 12-week long observational study at the John Radcliffe Hospital in Oxford, which sets out to test the efficacy of essential fatty acids and specific vitamins and minerals in improving stress resilience and general wellbeing.

In a drive to reduce feelings of stress and improve stress-resilience, as part of this study we will provide frontline staff with:

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Institute for Food, Brain and Behaviour

Report of the Trustees for the year ended 31 March 2022

4. Trustees’ report

A look back on 2021-22

Expanding reach and raising awareness through

partnerships

In 2021/22, we worked with an award-winning creative and recruitment company that focuses on changing the way people think about work, to develop an information pack on ‘Nutrition and brain health’ for their network of over 1,000 professionals.

We were invited to take part in the Harvard Extension School course on Culinary Psychology.

In the coming year, we will be entering into new partnerships with both large and small organisations in the community.

Using our voice to drive policy

change

Strategies, consultations, increased

awareness

We have kept up-to-date with policy activity in the food security, nutrition, brain health and behavioural fields. We continue to look at ways

in which our work and evidence base can feed into policy development.

We liaise with government and relevant government consultations whenever the opportunity arises and contribute to public dialogue in this field. This year, we:

APPGs

We continue to actively participate in a number of All-Party Parliamentary Groups and fora, with regular attendance at online events.

Communicating more

effectively

Corporate prospectus

In September 2021, we created a new corporate offering and prospectus. This document lays out the ways that we can partner with businesses to take meaningful steps towards eliminating nutritional poverty in the UK, as well as supporting a company’s employees to gain better nutritional knowledge and habits.

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Institute for Food, Brain and Behaviour Report of the Trustees for the year ended 31 March 2022 4. Trustees’ report

A look back on 2021-22

Social media

In November 2021, following a pause in social media activity, we relaunched our social media presence on Instagram, with very positive engagement. We have stayed true to our core messaging and provided a platform that allows lay audiences to engage with the underlying science. Follow us at @thinkthroughnutrition.

Developing a media library

In an era where nutrition is a topic of interest to the media and the public, but where the science behind emerging food fads is rarely reviewed robustly and is frequently misunderstood, we strive to act as a kitemark for high-quality, robustly reviewed information.

As such, we have undertaken a comprehensive review of a range of documentaries and podcasts on nutrition related topics, which will allow us to provide commentary on these materials and help others to understand their perspective, science and efficacy – and make sense of the conflicting nutrition information that abounds.

Strengthening our governance Charitable objects

Our charitable objects were originally established in 1991. As part of a strategic review of our current and forward activities, Trustees decided to update our charitable objects to better reflect who we are today, while allowing flexibility for growth and expansion. In September 2021, the change in our charitable objects was accepted by both Companies House and the Charity Commission.

Partnership-focused materials

To enable Think Through Nutrition to engage in new partnerships confidently and with full transparency, we identified a need to articulate clearly our partnership approach and boundaries, the different ways in which we can engage spokespeople within the charity, and a top line view of associated roles and responsibilities.

We have, therefore, developed a Supporter Charter and Supplement Policy (both available on our Get involved website page) that will help us to describe our positions in these areas more clearly to the public, to potential new partners, supporters, and spokespeople, as well as to existing partners and supporters.

Welcoming an outstanding new ambassador

An increased level of public engagement and new activities that are likely to generate media interest have given us an opportunity to bring in new voices. We were delighted to announce a new Ambassador for Think Through Nutrition in February 2021: Kimberley Wilson. Known to many for her food-related work and activities, Kimberley is also a Chartered Psychologist, author and visiting lecturer with experience in leading therapy services within HMP & YOI Holloway.

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Report of the Trustees for the year ended 31 March 2022

4. Trustees’ report

Looking forward to 2022-23

Welcoming a new CEO

Following the departure of our last CEO in November 2018, we have been fortunate that our Chair, Frances Jackson, has been willing to stand as the charity’s Executive Chair and lead the organisation both strategically and operationally.

2021/22 was a fast moving and effective year for Think Through Nutrition. As the charity continued to build momentum, the Board agreed to appoint a permanent CEO to help lead the business into a new phase of growth. We are delighted that Tahani Saridar has agreed to take up this role, commencing 4 April 2022.

Tahani has been with the charity for the last three years as Director of Development and Programmes, where she has played a very important role in redefining the charity’s strategy, diversifying income streams, creating new partnerships, and leading programme implementation on-the-ground, enabling us to reach thousands more individuals.

Tahani takes up the CEO role at a crucial time when food insecurity, obesity, and mental health are necessarily high on both the political and news agenda.

Trustee appointments

At Think Through Nutrition, we actively seek opportunities to increase our insights, experience and expertise, and are led by this intent in formulating our Board. In 2022/23, we are looking to recruit new talent to our Board, including those with lived experience of the groups we are committed to engaging with.

In appointing and managing our Board, we focus on good governance and on providing our Trustees with the support they need to be as effective in their role as possible, outlined in our Board induction process.

Each of our Trustees is elected for a three-year term and may serve no more than three

consecutive terms. At the end of each threeyear term, they will automatically retire at the end of the nearest Annual General Meeting. A retiring director may be eligible for reappointment.

Defining our strategic plan

Over the next 12 months, we will focus on fully launching our digital programme, continuing to build partnerships that allow us to reach more audiences, and delivering our programme in the settings where we are needed the most: in closed environments, educational settings and in the community.

We are also keen to expand our advisory and advocacy work to influence decision-makers to take a more proactive approach, cementing our position as the leading voice in this field.

Cost-benefit model and analysis

With thanks to a generous individual donor, we are developing a cost-benefit model and undertaking an analysis of the savings and other benefits that would accrue from providing people within the prison population with access to nutrition education, healthier food options, and/or supplements.

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Report of the Trustees for the year ended 31 March 2022

4. Trustees’ report

Looking forward to 2022-23

We expect this work to be completed by Spring 2023 and are delighted to be helped by two outstanding health economists from the University of Surrey and King’s College London.

Influencing

We will continue our influencing work to make nutrition for the brain a priority for decision makers.

We expect to expand our engagement with government entities at various levels and with partners in the third sector, increasing our influence with senior political decision makers and opinion formers.

Food and nutrition panel

The Ministry of Justice and HMPPS have convened a Food and Nutrition Panel – a multidisciplinary forum, with the intention of developing a more coordinated, and effective approach to progressing work on prisoner diet, nutrition, food innovation and employment links for release. The panel will be committed to improving the diet and nutrition of prisoners and recognise the often-complex link between food, health, and well-being.

The skills and knowledge of panel attendees will enable an evidence-based approach to

HMPPS work and align to existing practice, influencing 105 Public Sector prisons helping to provide over 90 million meals each year, ensuring that every prisoner is provided with three meals a day that are safe, varied, and nutritious while meeting the religious, cultural, and medical needs of all.

We are delighted to form part of this panel, and to share our knowledge and expertise in guiding future best practice across the prison estate.

Fundraising

Fundraising will continue to be a priority for us in the coming year and will be essential for building our programme and infrastructure. Additional funding will also enable us to respond more fully to the continuing requests of new partnerships. As we set bolder fundraising targets and build more personalised relationships with potential funders, we will need to broaden our reach and attract a wider range of funders, including those for whom nutrition may be a new area of focus.

Going Concern

Despite the difficult funding environment The Institute for Food, Brain and Behaviour (Think

Through Nutrition) continues to be approached frequently to undertake work, provide services and be involved in sector wide initiatives. We have put considerable effort into the development of our digital education programme which will generate unrestricted income for us, alongside our other consultancy work. We continue to make applications to Trusts and Foundations for support of our future work, and we are engaging with corporate entities and interested individuals on innovative ways in which they can support our activities.

We have had success in recent months in raising donations from major donors and in obtaining grants from public bodies (such as Public Health Wales). This supports the Trustees’ confidence that we can continue to raise the funding needed.

Trustees are confident that measures already taken and the maintenance of careful control of expenditure in 2022/23 with, if necessary, further measures to cut costs, will allow Think Through Nutrition to continue its operations until new funding is secured. The Trustees are confident that cash controls are such that Think Through Nutrition will be able to meet its obligations as and when they fall due. For these reasons the Board considers it appropriate to prepare these financial statements on a going concern basis.

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Institute for Food, Brain and Behaviour Report of the Trustees for the year ended 31 March 2022

4. Trustees’ report

Where our money comes from

Current funding

It has cost us £176,646 to deliver our charitable objectives this past year. We are grateful to our charity’s generous supporters, who gave us £173,794 in 2021/22.

----- Start of picture text -----
Grant
Donations
12%
17%
Restricted
Grant
71%
----- End of picture text -----

Our major funders this year, many of whom have provided us with multi-year awards, were:

In addition to the list above, a number of our donors prefer not to be publicly thanked, but we are deeply appreciative of their contributions.

As well as providing cash donations, Inessa, a corporate supporter, has made a generous contribution in-kind, by providing us with a bespoke learning management system for use in our digital programme.

We were one of the winners of £1,000 in the 2021 “12 Days of Giving” initiative run in the lead up to Christmas by Ecclesiastical, thanks to the nominations of many of our supporters.

We enrolled with the Amazon Smile rewards programme, and receive quarterly disbursements based on a small percentage of the amount spent by our supporters who have nominated us as their chosen charity.

Funding approach

Raising sustainable funding continues to present a significant challenge, and we are grateful to all those who have supported us over the past year. We recognise the need to build a wider support base and are actively approaching a wide range of funders whose support would allow us to extend our work further to those who would most benefit.

Our donors can be assured that we comply with the regulatory standards for fundraising. We are committed to the Fundraising Promise and adherence to the Code of Fundraising Practice and are registered with the Fundraising Regulator. In line with the good practice outlined in these standards, complaints can be made via the website, by email, by telephone or in writing, and will be reported to the Board. We have received no complaints since the establishment of these channels. This report covers the requirements charities must follow as set out in the Charities Act 2016.

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Report of the Trustees for the year ended 31 March 2022

4. Trustees’ report

Where our money comes from

Fundraising targets

We receive limited statutory funding and need to raise the great majority of our funds through direct fundraising or by generating income.

Our fundraising effort involves targeted approaches to grant making bodies and potential corporate supporters. We also make bespoke presentations to individuals who have expressed an interest in our work.

We follow best practice to ensure that we protect vulnerable people from unreasonable intrusion on privacy, unreasonably persistent methods, or undue pressure to donate.

Reserves Policy

Our Trustees regularly monitor the Charity's cash reserves to ensure that an adequate level is maintained to meet our stated objectives for the maintenance of core activities and the development of existing and future projects. The level of minimum cash reserves will include staff salaries and costs for contractual notice periods plus any projected redundancy payments, and three months operating costs including any contract termination costs for services. For 2022/23, the estimate of minimum cash reserves to be held is £36,388.

Financial Performance

We had total reserves of £61,096 as at 31 March 2022, £56,076 being restricted and £5,020 being unrestricted. The Trustees consider the charity a going concern. The Trustees are monitoring the charity's spending and cash flow regularly to ensure that its liabilities are met as and when they fall due.

Risk Management

TTN maintains a risk register which is regularly updated and reported to the Board on an annual basis. The Trustees have considered the major risks to which the Charity is exposed and confirm that any necessary measures have been taken to mitigate these.

Public Benefit

The Trustees confirm that they have complied with the duty in Section 17(5) of the 2011 Charities Act to have due regard to public benefit guidance published by the Charity Commission.

This report has been prepared in accordance with the small companies’ regime under the Companies Act 2006.

On behalf of the Trustees.

Frances Jackson Chair 13 September 2022

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Annual Report and Financial Statements

2. Independent Examiner’s report to Trustees

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Institute for Food, Brain and Behaviour Independent Examiner’s report to Trustees

Independent Examiner’s Report to the Trustees of the Institute for Food, Brain and Behaviour

I report to the trustees on my examination of the financial statements of Institute for Food, Brain and Behaviour (the charity) for the year ended 31 March 2022.

Responsibilities and basis of report

As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act).

Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement I have no concerns and have come across no I have completed my examination. I confirm other matters in connection with the that no matters have come to my attention in examination to which attention should be connection with the examination giving me drawn in this report in order to enable a proper cause to believe that in any material respect: understanding of the financial statements to be reached.

  1. accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or

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

  3. the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

Katherine Wilkes BSc (Hons) FCA Critchleys Audit LLP

Beaver House

23-38 Hythe Bridge Street Oxford Oxfordshire OX1 2EP

  1. the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

Dated: ......................... 16 September 2022

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Annual Report and Financial Statements

3. Statement of financial activities

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Institute for Food, Brain and Behaviour

Statement of Financial Activities for the year ended 31 March 2022

Statement of Financial Activities including income and expenditure account

Current financial year

Note:
Income and endowments from:
Donations and legacies
3
Investments
Earned income
4
Total income
Expenditure on:
Raising funds
5
Charitable activities
6
Total expenditure
Net (outgoing)/incoming re-
sources before transfers
Gross transfers between funds
Net (expenditure)/income for the
year / Net movement in funds
Fund balances at 1 April 2021
Fund balances at 31 March 2022		 Restricted
2022
£
Unrestricted
2022
£
Total 2022
£
Total 2021
£
50,202
123,592
173,794
120,080
13
-
13
21
-
-
-
600
50,215
123,592
173,807
120,701
4,050
-
4,050
4,656
78,415
98,231
176,646
131,203
82,465
98,231
180,696
135,859
(32,250)
25,321
(6,889)
(15,158)
10,952
(10,952)
-
-
(21,298)
14,409
(6,889)
(15,158)
26,318
41,667
67,985
83,413
5,020
56,076
61,096
67,985

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.

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Institute for Food, Brain and Behaviour

Statement of Financial Activities for the year ended 31 March 2022

Statement of Financial Activities including income and expenditure account

Prior financial year

Note:
Income and endowments from:
Donations and legacies
3
Investments
Earned income
4
Total income
Expenditure on:
Raising funds
5
Charitable activities
6
Total expenditure
Net (expenditure)/income for the year /
Net movement in funds
Fund balances at 1 April 2020
Fund balances at 31 March 2021		 Restricted
2021
£
Unrestricted
2021
£
Total 2021
£
70,080
50,000
120,080
21
-
21
600
-
600
70,701
50,000
120,701
4,656
-
4,656
72,285
58,918
131,203
76,941
58,918
135,859
(6,240)
(8,918)
(15,158)
32,558
50,585
83,413
26,318
41,667
67,985

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

No tax is payable on any surpluses of charitable income over charitable expenditure.

The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.

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Annual Report and Financial Statements

4. Balance Sheet

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Balance sheet

for the year ended 31 March 2022

Balance sheet

As at 31 March 2022

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2022.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Trustees on 13 September 2022.

Frances Jackson Chair

Company Registration No. 01864134

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Notes to financial statements

for the year ended 31 March 2022

1 Accounting policies

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the donors.

Charity information

The Institute for Food, Brain and Behaviour is a private company limited by guarantee incorporated in England and Wales. The registered office is C/O Critchleys LLP, Beaver House, 23-38 Hythe Bridge Street, Oxford, OX1 2EP.

1.4 Income

Donations receivable for the general purposes of the charity are credited to Unrestricted Funds.

Donations receivable for specific purposes as dictated by the donor are credited to Restricted Funds.

1.1 Principle Accounting Policies

The financial statements are prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial reporting Standard applicable in the UK and Republic of Ireland (FRS 102 (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Income on deposit accounts is credited when receivable.

1.5 Expenditure

Expenditure is charged on an accruals basis. Support costs are split between charitable activities and governance costs based on an estimate of the time spent on these areas. Irrecoverable VAT is charged as an expense.

2 Critical accounting estimates and judgements

1.2 Going concern

The Institute for Food, Brain and Behaviour meets the definition of a public benefit entity under FRS 102. The trustees consider that there are no material uncertainties about the ability of the charity to continue as a going concern.

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

1.3 Fund Accounting

Unrestricted funds are donations and other incoming resources received or generated for expenditure on the general objectives of the Charity.

Designated funds are unrestricted funds set aside by the Trustees for specific purposes. There are currently no designated funds.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. No judgements have had a significant effect on amounts recognised in the financial statements.

23

Institute for Food, Brain and Behaviour

Notes to financial statements

for the year ended 31 March 2022

3
Donations and legacies
Donations and legacies
Donations and legacies
The Waterloo Foundation
The Monday Charitable Trust
NPT Transatlantic
GS Gives
The Allen Lane Foundation
B & J Lloyd Family Charitable Trust
The Sants Charitable Trust
The Denys Firth Family Trust
The C & SJ Smith Family Charitable Fund
Inessa
High Sherif Charitable Fund
Inchcape Foundation
Ecclesiastical Insurance
The Forman Hardy Charitable Trust
Sydney Black Charitable Trust
The Whelfeld Trust
Anonymous and other general donations		 Unrestricted
funds
2022
Restricted
funds
2022
Total
2022
Unrestricted
funds
2021
Restricted funds
2021
Total
2021
£
£
£
£
£
£
50,202
123,592
173,794
70,080
50,000
120,080
-
50,000
50,000
-
-
-
-
50,000
50,000
-
50,000
50,000
-
18,592
18,592
-
-
-
14,709
-
14,709
20,000
-
20,000
11,000
-
11,000
-
-
-
10,000
-
10,000
10,000
-
10,000
5,000
-
5,000
5,000
-
5,000
-
5,000
5,000
-
-
-
-
-
-
5,000
-
5,000
4,896
-
4,896
-
-
-
-
-
-
4,000
-
4,000
2,000
-
2,000
1,000
-
1,000
1,000
-
1,000
-
-
-
500
-
500
-
-
-
500
-
500
-
-
-
500
-
500
-
-
-
97
-
97
25,080
-
25,080
50,202
123,592
173,794
70,080
50,000
120,080

24

Institute for Food, Brain and Behaviour

Notes to financial statements

for the year ended 31 March 2022

7 Staff costs

4 Earned income

Earned income 7 Staf costs
Unrestricted funds Unrestricted funds 2022 2021
2022 2021 £ £
£ £
Salaries 109,113 103,597
Earned income - 600 Employers NI 11,227 11,024
Employers pension 2,192 2,184
Raising funds 122,532 116,805
Unrestricted funds Unrestricted funds 8 Trustees
2022 2021
£ £ None of the trustees (or any person connected with them) received any
remuneration or benefts from the charity during the year.
Raising funds 4,050 4,656 Two trustees (2021: 1) were reimbursed £138.80 (2021: £40) for travel and

5 Raising funds

Two trustees (2021: 1) were reimbursed £138.80 (2021: £40) for travel and subsistence incurred in the management of the charity.

6 Charitable activities

Charitable activities
Activities undertaken directly
Support costs
Analysis by fund
Unrestricted funds
Restricted funds		 Charitable
activity
2022
£
144,850
31,796		 Charitable
activity
2021
£
101,026
30,177
176,646
78,415
98,231		 131,203
72,285
58,918
176,646 131,203

9 Employees

The average monthly number of employees during the year was:

2022 2021
Number Number
3 3

Two members of staff are considered to be key management personnel. The total amount of employee benefits (including employer pension contributions) received by key management personnel for their services to the charity was £108,605 (2021: £106,005)

The number of employees whose annual remuneration was more than £60,000 is as follows:


£60,000
is as follows:
2022
Number		 2021
Number
£60,000 - £70,000 1 1

Independent examination fees of £1,450 (2021: £1,380) are included above.

25

Institute for Food, Brain and Behaviour

Notes to financial statements for the year ended 31 March 2022

10 Creditors falling due within one year

Creditors falling due within
one year

Other creditors
Accruals		 2022
£
-
1,450
1,450		 2021
£
438
1,380
1,818

11 Restricted funds

The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes:

Monday Charitable Trust
The Waterloo Foundation
Prison Education Programme		 Movement in funds
Movement in funds
Balance at
1 April 2020
Incoming
resources
Resources
expended
Balance at
1 April 2021
Incoming
resources
Resources
expended
Transfers
Balance at 31
March 2022
£
£
£
£
£
£
£
£
41,667
50,000
(50,000)
41,667
50,000
(50,000)
-
41,667
8,918
-
(8,918)
-
-
-
-
-
-
-
-
-
73,592
(48,231)
(10,952)
14,409
50,585
50,000
(58,918)
41,667
123,592
(98,231)
(10,952)
56,076

Fund descriptions

The Monday Charitable Trust: Grant funding towards meeting core costs.

The Waterloo Foundation: Grant providing funding towards the costs of pilot nutrition project at HMP Eastwood Park.

Prison Education Programme: Grants from multiple sources providing funding towards the costs of a pilot prison education and nutrition programme with the Ministry of Justice.

26

Institute for Food, Brain and Behaviour

Notes to financial statements for the year ended 31 March 2022

12 Analysis of net assets between funds

Fund balances at 31 March 2022 are
represented by:
Current assets/(liabilities)		 Unrestricted
funds
2022
Restricted
funds
2022
Total
2022
Unrestricted
funds
2021
Restricted
funds
2021
Total
2021
£
£
£
£
£
£
5,020
56,076
61,096
26,318
41,667
67,985
5,020
56,076
61,096
26,318
41,667
67,985

13 Related party transactions

There were no disclosable related party transactions during the year (2021 - none).

14 Liability of members

The liability of Members is limited. Every member of the company undertakes to contribute to the assets of the Company in the event of the same being wound up whilst they are a Member, such amount as may be required not exceeding one pound sterling.

15 Commitments under operating leases

At 31 March 2022, the company had no commitments under non-cancellable operating leases in respect of land and buildings (2021: total commitments of £nil).

27

Thank you.

Registered Charity No. 517817. Registered as a Company No. 01864134. Registered address: Critchleys LLP, Beaver House, 23-38 Hythe Bridge Street, Oxford OX1 2EP.