Company Registration Number.. N1675930
Charity Number.. 108835
South Belfast Foodbank
IA company limlted by guarantee. not havlng a Share capltal)
Annual Report and Unaudited Financial Statements
for the financial year ended 31 December 2025

South Belfast Foodbank
IA company Ilmlted by guarant86. no¢ havlng a share capltall
CONTENTS
Pagè
Reference and AdministratlV8 Information
Trustees, Annual Report
Statement of Trustees, Responsibilities
Independent Examiner's Report
10
Statement of Financial Activities
11
Balance Sheot
12
Notes lo the Financial Statements
13-19
Supplementary Infomialion relating to the Financial Stalemenls
21

South Belfast Foodbank
IA company Ilmlted by guarantoe, not havlng a share Capltsll
REFERENCE AND ADMINISTRATIVE INFORMATION
Trustees
A Lockhart (Co- Chairperson)
M Keown (Co- ChaiTper8onl
E Roub
C Melver (Appointed 18 September 20251
S Gallagher
N Collum (Resigned 17 4DriI 20251
R Ttsllerton IResigned 18 September20251
O Baleson
Charity Number in Northern Jreland
108835
Company Reglstratlon Number
N1675930
Règlstered Offlca and Principal Address
119 University Street
Bèlfast
Antrim
BT71HP
Northern Ireland
Independent Examlnèr
Finegan Gibson Ltd
Chartered accountants
2nd Floor
Causeway Tower
9 James st￿et Soulh
Belf8St
Anlrim
BT2 8DN
Northem Ireland
Solicitors
Edw8rds & Co
3rd Floor, Sessia House. 6147 Donegall SlreeL
Belfast
BT12QH

South Belfast Foodbank
IA company Ilmlted by guarantee, not havlng a shaTB capltal)
TRUSTEES. ANNUAL REPORT
for the financial year ended 31 D8cernber 2025
The trusle8s. whose contribution is entirely voluntary. pre5erht their Trustees, Annual Report, combining the Directors,
Report and Trustees, Report, and the unaudited finonci81 statèments for the financial year ended 31 December 2025.
The financial sktètllènts are Prepa￿(j in èccord8Hce with the Companies Act 2006. FRS 102 'Th8 Financial
Reporting Standard applicable in the UK and Republic of I￿land, and Accounting and Reporting by Charities..
Stslemenl of Recommended Practice applicable to charities preparing their financial slalements in accordance with
th8 Financral Repo￿ng Standard applicable In the UK and Republic of Ireland IFRS 1021.
The Trustees, Report contains the informauon required to be provlded in the Tru5tees' Annual Report under the
Slalemenl of Recomm8nded Practice ISORPI gLJidelines. The twstees of the charity are also charlty truste85 for the
purpcise of charlty law and under the tharity's constitution are known as m&Tnbers of the board of trustees.
In this report the trustees of South Belfast Foodbank present a summary of ils purpose, governance. activities,
achievements and finances for the fina￿181 year 31 December 2025.
The chartty Is a registered charity Bnd hence the report and results are presented in a fomi whlch complies with the
requirements of the Companies A¢1 2006 and. although not obliged lo comply with the Statement of R8¢0rnrnended
Practice applicable in the UK and Republic of Ireland FRS 102, the organisation has Implemented its
recommendab.ans where relevant in thè5a finanryal slalements.
Charltable Oblectlves
Objeetivos
The prevention or relief of povèrty in South Beifasl, in particular but not exclusively, by..
Provlding emergency food supplies directly to people in need. or via otrer anli-poverty charities and organisations.
from time to time as we see fit
Pmviding tailored support and information in accordani* with Christian prfndples, In¢luding but not excluslvely..
slgnposting. outreach and training courses. designed to Improv8 a person's well-being and chances of getting out (>f
poverty and
Working in strategic partnership wllh other key anli-poverty charib8s and organisations to offar holisliq "more than
food. solution5 to people's ne8d$.
5truGture, Governancè and Management
Goveming do¢ument
The ttharity is controlled by Its gov&rning document, a deed of tru81, and conslilutes a limited company, limited by
guarantee. as defined by the Companies Acl 2006.
Rèview of Achievoments and Porformance
Foodbank operatlons
South Belfast Foodbank. The Foodbank. re￿IVed 55,213kg 12024= 55,196kgl in food donations or purchas85 and
distributed 55,424kg12023.. 54.636kgl of food to those in need or to other Trussell fo(xlbanks. As a result. our holdir
tsf stock decreased slightly lo 10,821 kg as at 31 Decernber 2D25. Included within the weight numbers abova. th8
Foodbank purchased food c051ing £20,428 lup from £14.859 in 20241. We have been able lo feed 7,770 people
12024.. 7,9631 during the year- wrth 2,55612024.. 2.8521 of those being children. 3,755 referrals were rnade In 2025
12024.. 3,4601.
Bookings plaffom?
The Foodbank Introduced a new b￿￿ng5 platforrn in 2024. As a result. In 2025 thi5 has led lo efficiencles when our
volunteers make bookings whilst givlng our cllents greater choice and dlgnity. In 2026 we plan to tnake further
developments lo our bo0)￿ng platform.
Fuel bank
We have partn8red with the Fuel Bank Foundation who have funded the fuel vouchers which we have issued in 2025.
During 2025 687 VDuchers were redeémèd 12023: 660 vouchers) at a value of £39,081 12024.. £27.149) which
assisted 2,471 people12024'. 2,4581.
Oryanising 8ndLoGal Mobilisation (OLM) ProJeGI
The purpose of the OLM project is to suptx)rt foodbanks as they develop effective campaign strategles, ensurirrtJ that

South Belfast Foodbank
IA Eornpany Ilmlted by guarantee. not havlng a Sharè eapltall
TRUSTEES. ANNUAL REPORT
for thè flnancial year ended 31 December 2025
the foodbanks have th8 capacity, sknlls and resoLtrces to dglivar thèm. Thg Foodbank had agreed lo take on the role
of 'lead' ftsodbank in B8118sI for the OLM prolect and the four Belfast foodbanks decided lo work with Belfast Central
Mission IBCMI on this project. As a result. BCM employed an offjcer who has worked on behalf of the four Tnjssell
foodbanks in Belfast.
During 2025 the Foodbank received £55.682 In funding from TFussell for Ihis project which it has paid to BCM to eover
its costs.
The OLM officer has focused her efforts to work wth clients on lobbying for a crackdown on Belfast landkJrd￿8gents
who are illegalty charging landlords administrotion and viewng fees to renters. She is aiming to establish a list of
goodlrecommended landlordslagénts who sign up lo a register pledging not to charge these types of fees. Her work
has alrnosl exclusively bEen with th8 South Wesl Belfast Foodbank and has ended up partnerfng with Croi, a
cornmunity Organisat￿n in West Bèlfast.
The OLM project is coming close to the end of it5 tsvo year projecl life.
Financial InGlusion
In Ihe 2024 Trustees. Raport wa wrnmente(I that one of our main strategic aims has bgen to In¢re8sg the range of
signposting that we offer and, 85 8 result, we were actively working towards applying for a grant from Truss811 to sel
up and deliver a Financial Inclusion IFII project. We are pleased to report that we were successful in obtaining 8 grdnl
from Trussell lo cover the eosts for at lea51 the first two years of operation.
We have partnered wlth Advice Space, one of whose Flnancial Advlsers has been providlng advice on issues
relating lo debt managemenL b8n8fi1 m8xirnisation and housing issues al 119 Universily Street 5inc8 S8p18mber
2025. WhSle this new ventur8 has yet lo reach its full potenllal it has alreBdy made a substanttal dSffgrenc8 10
individual clients.
Volunteer st￿tegY
Throughout 2025. the Foodb8nk was 5UPPOrted by the hard work and dedication of 149 volunteers. Twenty of these
were newly r8cruited during the year. To help us continug devoloping our Volunt8er Prograrnme and enhance
r8cruitment, support and retention, we created a new staff post (replacing a staff member who had 18ft1 th31 included
the role of Strategy D8velopmenl, volunteer recruitment, management and communicatlon. This post has freed up
the Project Manager for other Crucial areas of work and allowed us lo dedicate MO￿ time to further developing our
volunteer programmo.
Awargnoss rdlslng actfvty
The Foodbank seeks to raise awareness of ils actwities through relationships with bc81 organi58tions. A SUppor￿ve
n81work of businesses. like-minded charities, individual donors and in par￿cUL￿r a broad rgnge of local churches, has
dBveloped through face-to-face meetings and p￿sentatiOnS, inlomiation provided on our soci81 media platforms and
volunteering opportunities offered lo corporate groups and individuals. AJI of these activities increase the inleresl and
understanding of those Involved and encourage a compasslonale response lo the needs ol those in poverty In South
Beffast. This is ev1rten￿ by the generosity expressed in monetary, and food donations and offers of help.
The Foodbank also uses its website, Fa￿book pagès and X Iform8rfy known as Twtt8rl to promote a greater
awareness about the challenges of livlng In povety and ourwork to reduce 115 effects on people￿ lives.
Regard to publlc benellt
When exercising any powers or duties in the operation of the Foodbank, the trustees have complied with their duty to
have due regard lo the guidance issued by the Charity Commission on public benefit.
Contribution made by volunteers
The contributions of volunteers lo the seNlc¢s the Foodbank provides are irnrneasurable. We are grateful for thèlr
compassion, commitment and contrlbutlon to all aspects of the Foodbank's services.
Future-pmofing
The Foodbank plans to eonlnue it5 devdopmenl arKI strengthen its capacAty to tackle hungar and pov8ty In South
Belfast. In parfctjlar. Ihe Foodbank will aim lo..
RecNSt additional trustees to th8 Board..
Enhance the Foodbank's govemance and management.,

South Belfast Foodbank
IA company Ilmlted by guarantee, not havlng a share capltall
TRUSTEES. ANNUAL REPORT
for thg financial year ended 31 December 2025
Pr(xluce a new three-year strategy and bu&ness plan.,
Review and Improve our polici88, procedures. and practices.,
Listen to what our clients and volunteers tell us matters lo them.,
Influence local government and show leadership to tackle hunger and poverty,.
lrnprove our PR and fundfaising activi16es to underpin the value of our work.,
Develop further Its relatlDnship with Tmssell. Trus5ell works locally and acros5 the UK for a more Just and
compassionate so¢iety where no one needs a foodbank to survive.
Financial Revlew
The resvlls for the financial year are set DUI on page and addltional notes are provlded showing income and
expenditure in great8r detail. Overall, the Foodbank repcirted a net income in the year ended 31 D8c8mber 2025 of
£13,93312024.' N818xpense £8,618). Th8 nel income in the year 8nded 31 December 2025 wag added lo reserv8s
brought forward (and the net expense in the year ended 31 December 2024 was fundèd OLrt of r95erves brought
forward).
Income
Overall income Increased by £67.438 in 2025 compared wth 2024. The key drivgrs of thls In¢rg8se were..
An increase In grant frjnding c)f £46.208 from Trussell arising from of a grant to support the Financial Inclusion
project togeth2rwilh a second year of funding regarding the appointment of a local mobilisation officer in BCM.,
AddItI¢￿al funding from the Fuel Bank Foundation li.e. £43,201 in 2025 compared to £30,769 in 20241 lo cover the
increa5ed1ovel of fuel vouchers distributed to those In ne8d', and
Fundralslng activities i.e. £32,610 in 2025 compared to £25256 in 2024.
There was a decrease in Sncome frorn..
A lower vèlue in food donat8d to the foodbank li.e. £152,940 in 2025 compared to £157.295 in 2024},' and
A reduotion in deposit accwnt interest resulting from lower short terrn interest rates.
The level of direct donations in 2025 i.e. frorn indivtduals. businesses, churches and $upemiarkel collections was
broadly sSmilar to that in 2024 i.e. £89.419 v £88,453.
2025 Ineome £443,145
2024 IncoThe £375,707
GcodsdDnitod
£152J4Q3546
F￿dra￿1n¥
-E32.6107
DlrpctdunitlDns
GOodSdO￿lOd
£157.2¥6421b
£BgA192
F￿￿[£151n1
.256
DlieCtdllno￿S
GI￿A￿[l4￿5
341
..0￿￿11t7.52o
2*
Inclu5￿￿.
Obwrhea
conthbuivn
E2,d95 Ilb
IncluS￿n-
4¢(head
c1xlin￿￿on£0
an￿£488?
JS%
Lntvost£5.8ib
FuBlb8r
£43.2DI IOIts
-GrnnTyEIOI.ty)
23q6
E&471
£7.2602*
Bllnkurf£665

South Belfast Foodbank
IA company Ilmlted by guarantee, not havlng a Share rapltall
TRUSTEES, ANNUAL REPORT
for the financial year ended 31 December 2025
2025 DirtttdDnglionsE89,419
2024 DireGidonaiions£88.453
rmrk&t
[1%45B1746.
r7A*
I￿rn
Èll￿9
Ewenditu
Expensos. 2025 cx)mpared to 2024. have increased by £44,887. The key drivers of this inry8ase have been..
Higher salary related costs resulting frorn the appointment of the Adrnlnlstr8tlon Manager l.e. up £5,399 on 2024:
Higher v81ue of food distributed in 2025 compared to 2024 i.e. up £4.581'.
Additional purchases of food in 2025 compared to 2024 i.e. up £5.568. The Foodbank spent £20,428 on
purchasing food in 2025..
The increased need for fuel vouchers resulted in an additional expense in 2025 of £11,9321.' and
The appointtllent of Advice Space io manage th8 Fina[￿la1 Inclusion project resuKed in an expense of £14,468.
2025 Expenses £429.212
2024 Expenses£384.325
Offkètèsts
iartf.
.Q5Q24b.
.044.2%.
c￿¢$,£5￿.rfj
PtVPErtyttknd
5WEeS.111
.682.X41b_
FU￿l￿U￿lEri
27.W,7
buio
£L7111941
Financial Resulls
Al the end of th8 financial year the c*arity has assets of £350,64712024 - £335,340) and liabilities of £2.10812024 -
£7351. The nèt assets of Ihe charity have increased by £13,934.

South Belfast Foodbank
IA company Ilmlted by guarantee, not havlng a sharÈ ￿pItalI
TRUSTEES. ANNUAL REPORT
for the financial year 8nded 31 December 2025
Reserves Posltlon and Pollcy
The Iru51ees consider that. duB to its reliance upon vokjntary donations, th8 Foodbank should have a poliGy of holding
al least six months, running costs. This equates to approximately £80k12025.. £75kl in free reseThes.
Free reserves are unrestrlcted reserve5 (net of designated fund51 which are not invested in fixed assets or stock and
are held to cover shortf811s in funding and provide worklng capital.
For the Foodbank, the design*ed fund of£62k is in ￿spect of the irrevo¢abl& property lease commitments.
The trustees are pleased to be able lo report that thtt level of free reserves was £242k as al 31 Dec6mber 2025
12024.. £260kl l.e. £134k12024'. £185kl higher than that required lo cover six rnonths, runnlng costs. The current level
of free reserves wlll enable the Foodbank to mèèt th8 incr8as8d dernand for its services by continuing to 8xpand the
range of Its op8ralion5 and activities.
Preparation of the accounts on a going Concern basis
The finBncial statements have been prepared on a going concern basis. The Irustees have reviewed and cDn5idered
rèlèvant inforrnalion. including the annual budget and future cash flows in making their a558ssrnenl. Based on this
assessment together with mibgaling moasur85 that could be taken and the current availabl8 resource5. the trustees
have concluded that they can continue to Bdopt the going concem basis in preparing the annual report and accounts.
Fundlng ¥trategy
We have a Funding Strategy and Fundraising Plan to ensure that we secure the funds r8qulr8d to deliver all our
charltab18 acllville8. We are especially grateful lo those signiflcanl donors who have continugd to support us.
Ri$k management
The F￿dbank h8s a wide range of policies in platt8 which provide il with the means to manage the key risks. These
polleles include those for health and safety. safeguarding, inforrnalion security, finance and employment and codes of
condu¢tfor staff and volunteers.
Trustses
Th& trustees who served throughtsul the financial year, except as noted, were as follows:
A Lockhart
M K80wn
E Roub
C Mclver (Appointed 18 September 20251
S Gallagher
N Collurn IResigned 17 April 20251
R Tollerton (Reslgned 18 S8pletnber 20251
O Bateson
In accordance with the Constltulion, th8 trustees r81ire by rotation and, belno 8liglb19. offer thernselves for re*lection.
Compllance wlth S•ctor-Wlde Legtslatlon and Standards
The charity engages pro-actively with legislation, standards and codes which are developed for the sector. Tha
Foodbank subscribes to and is compliant with the following..
The Companies Act 2006
The Charities SORP IFRS 102)
Approved by the Board of Trustees on
and signed on its behalf by:
A Lockhart (Co - Chalrpersonl
Trustee

South Belfast Foodbank
IA Eompony Ilmlted by guarantEe. not having e share capltall
STATEMENT OF TRUSTEES. RESPONSIBILITIES
for the financial year ended 31 Detsmber 2025
The trustees, who are also directors of Swth Bewasl Foodbank for the purposes of company law. are responsible for
preparing the finanGial statements in accordance with appli(2ble law and regulations.
Company law requires the tru5t88s as the d1￿CtOrS to pr8p8re finar￿la1 slatemgnts for aach flnanclal year. Under that
law th8 trustees have ele¢tgd lo prepare the financial 5￿t8￿entS in accordance with United Kingdorn Generally
Accepted Ac¢ounling Practice (United Kingdom Accountirhg Si8ndards and applicable lawl Includlng FRS 102 'The
Financial Reporting Standard applicable in the UK and Republic of Ireland" Seciion 1A (Small Entitlgs}. Under
cornpany law the trustees musl not approve the financial stat8tn8nts unless they are satlsfied that they give a true and
falr ￿eW of the state of affalrs of the oornpany and of the surplus or deficit of the company for that perlod.
In prep8rtng these financial stat8m8nls, the Iruslees ara raquir8d lo..
select suitable accounting policies and apply them consistently.,
makejudgements and estimates that are reasonab]e and prudent.,
stsle whether the financial statements have been prepared in accordancè with the rolevant financial repotting
framework. identify thos8 Standards. and note the effect and the reasons for any material dep8rtLsre from thos0
51andards,' and
prepare the financial $14lernenls on the going concem basis unless il is inappropriate to presume that tho charity
will continug in opèration.
The tNstees confim) that they have complled wlth the above r&4uirements In prepaAng the financial ststements.
The trustees ale rèsponslble for keeping adequate accounting records that are sufficient to show and explain the
charity's transaction5 and disclose with reasonab￿ accuraoy at any time the finanelal po8ition of the charity and
enable them to ensure that the financial statetnents comply with the Companigs Act 2006. They are also respunsible
for safeguarding thg assets of the charity and hence for taking reasonable steps for the prevention and detection of
fraud aThJ other irregularities.
Approved by the Board of TrusteES on
2026 and slgned on Its behalf by:
A Lockhart (Co- Chairperson)
Trustoo

South Belfast Foodbank
IA Gompany limited by guarantee, not ha¥lng a share capiiall
INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF TRUSTEES
OF SOUTH BELFAST FOODBANK
We have examined the financial statements of the charity for the finanaal year ended 31 December 2025, which
comprise the Slalement of Finanual Activities lincorporalng an Income and Expenditurè Account). the Balance Sheet
and the related notes
This report is made solely lo the charity's members, as a body, in accordanc& with Chapt@r 3 of Part 16 of the
Companies Act 2006. Our work has been undertaken so that we might compile the financial statements that we have
been engaged to compile, report lo the Board of Trustees that we have done so. and state those matters that we have
agreed to state to them in this report and for no other purpose. To the fvllest extent perrnitted by law, we do not
accept or assume responsibility to anyone other than the charity and the charily's members, as a body, for our work,
or for this report.
Respective responsibi1sti•s of trustees and examiner
The charity's trustees Iwho are also the dire¢lo¥s of the company for the Purposes of company lawl are responsible
for the preparation ol the financial s¢8lements in accordance with the requirements of the Companies Act 2006. The
charity's trustees consider that an audit is not required for this financial year under Chapter 3 of Part 16 of the
Companies Act 2006 and that an indepèndent examin*"on is required.
It 18 our responsibility to..
exarnine the financial stalements under section 65 01 thè char￿￿$ A¢t-
follow the procedures laid down by the general Directions given by the Charity Commission lor Northem Ireland
under section 65191{bl of the Charities Act., and
stale whether particular matters have come to our attention.
Basis of indepèndent examiner's report
We have examined your charty financial statements as required under section 65 of the Charities Aet and our
6xamination was ¢arried out in accordance wilh the general Directions given by the Charity Commission for Northern
Ireland under section 6519llbl of the Charities Act. An examination includes a review of the accounting records kept
by the charity and a compaflson of the financial statemen15 presented with Ih05e recoids. 11 also includes
consideration of any unusual itèms or disclosures in thè financial slalemenls and seeking explanations trom the
Iruslees concerning any such matters. The procedu￿$ undertaken do not provide all the evide[￿ that would be
required in an audit and consèquantly no opinion rs glvgn as lo whether Ihtr accounts p￿sent a 'lrue and fairf y￿W
and the report is limited to those matters set out in the statement below.
In connection with our exarnination, no matter has come to our aitenlion which 9ives us Cause to belièvè th* in, any
material respect..
accounting records were not kept in accordance wllh section 386 of the Companies Acl 2006
the financial slalements do not accord with those aecounling records
thè financial slalemen15 have not been prepared in accordance with Ihe accounting requiTemenls of sectKin 396 of
the Companies Act 2006 and with the rnelhods and principles of the Slalen7ent of Recommended Practice
applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in
the UK and Republic of Ireland IFRS1021
there is further Infomaloon needed for a proper understsnding ofthe a¢cwnts lo be reached.
Independent examSn•rf$ Statement
We have no concerns and have come a¢ross no other mattgrs in ￿nnectIOn with the examination to which attention
should be drawn in this in order lo enable a proper undetslanding of the financial 5181ements lo be reached.
Paul Dolan
FINEGAN GIBSON LTD
Chartered accountants and Registered auditors
2n¢J Floor
Causeway Tower
9 James Street South
Belfast
Anlrirn
BT2 8DN
Northem Ireland
Date: 2S June 2026
10

South Belfast Foodbank
IA cornpany Ilmlted by guarantee, not havlng a sharo capltall
STATEMENT OF FINANCIAL ACTIVITIES
Ilncorporatlng an Ineome and ExpEndlture Accountl
for thg financial year ended 31 D8c8mb8r 2025
Unrestricted Restrictèd
Funds
Funds
2025
2025
Total Unrestricted Restricted
Funds
Funds
Funds
2025
2024
2024
Total
Funds
2024
Notes
Income
Donations and legacies
Charitable activities
Investments
276,054
13,713
5,819
56,886
88,177
332,940
101,890
5,819
278,525
34.240
55.682
312,765
55,682
7,260
7,260
Totsl Income
295,586
145,063
440,649
265,785
89.922
375,707
Expenditurè
Charitable activities
313,238
113,477
426,715
275,910
f 08,415
384.325
Net Incomel{8xpenditure)
117.6521
31,586
13,934
9,875
{18,4931
18,6181
Transfers betw88n fvnds
Net mov8m•nt In funds for
tho financlal year
117,6S21
31,586
13,934
9.875
118,4931
18,6181
Reconclllatlon of funds:
Total funds beginning of the
year
14
323,944
10.661
334,605
314,069
29.154
343,223
Total funds at the end of
the
306,292
42,247
348,539
323,944
10.661
334,605
Tha Statam8nt of Financial Activities Includes all g8ins and bs8es recLyJnised in the financial year.
All Income and expenditure relate to continuing activities.
Tho notes on pag8s 13 to 19fom part of the financial stst8rnenls
11

South Belfast Foodbank
IA company Ilmlted by guarante8, not havlng a sharè eapltall
Company Number: N1675930
BALANCE SHEET
as at 31 December 2025
2025
2024
Notes
Fixed Ass•ts
Tangible assets
922
Current Ass?ts
Stocks
Debtors
Cash at bank and in hand
10
11
29,975
19,066
301,606
31,776
21,105
281,537
350.647
334,418
Creditors: Amounts falling duè within one year
12
12,1081
17351
N•t Currènt A55ets
348,539
333,683
Totsl Assèts Ie55 Current Llabllltlès
348,539
334,605
Fund$
Restricted funds
Designated funds Iunrestrfctedl
General fvnd lunresldctadl
42.247
61,972
244,320
10,661
30,772
293,172
Total funds
14
348,539
334,605
These financial statements havè b8en prepared in accordance with the speu81 promsions relating lo small comp8rii89
within Part 15 of the Companies Act 2006.
For the financial year ended 31 December 2025 tho charity was èntitl8d to exempliDn from audit under section 477 of
the Companies Act 2006,. and no nob'ce has been deposited under section 476.
The tnjslees confirni that the members have not required the company to obtain an audit of its financial slaiements for
the financial year in qu8sllon in accordan￿ wlth seotion 476 01 th6 Compani8s Act 2006.
The tDJstees acknowledgè th81r rèsponslbilthes for ensuring that the charlty keeps accounting records ￿1¢h compty
qlh section 386 and for pr8paring finanaal slalemenis whlch glve a truè and fair v¢ew of the state of affalrs of U)
charity as at the end of the financial year and of its profit and loss for the financial year in accordanc8 wilh the
requirements of sections 394 and 395 and which otherwise comply with th8 requirements of the Companies Act 2006
Telating to financial statements, 50 far as applicable to the charity.
The financial statements have been prepared In accordan¢& with the provlslons app]i￿ats1e to ctsmpani8s suwect lo
the small comp8ni65' regime and in accordance with FRS 102"The Financial Reporting Standard applicable in the UK
and Republic of Ir81and", applying seCt￿n 1A of th8t Standard.
Approvéd by thè Board of Trustees and authorlsed for Issue on sli J*E 2mSand slgned on Its behalf by
Ic
A Lockhart (Co- Chairperson)
Trust88
The notes on pages 13 to 19form part of the financlal stst&ments
12

South Belfast Foodbank
IA company Ilmlted by guarantee. not havlny a Share capltaQ
NOTES TO THE FINANCIAL STATEMENTS
for thè financial year ended 31 Dec6mbar 2025
GENEIIAL INFORMATION
South Belfast Foodbank is a company Wniled by guarantee incorporated in Northem Ireland. Thè registsred
Offi￿ of the charity is 119 Unfversity Street. Bellast, Antrim, BT7 1 HP, Northern Ireland which 15 8150 the
principal place of business of the charity. The financlal statements have been presented In Pound {£) whichls
also the fijnctional curren¢y of the charity.
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
The followlng accountlng policies have been applied conslstenlly in deallng ￿th It8ms whlth are consldered
material in relalon to the charty's financial statements.
Basls of preparation
The financial statements have been prepared on the going ¢oncem basis under the historical cost convention.
modified to includè cèrtain items al fair value. The financial statements have been prepared in accordance
with the Statement of Recornrnended Practice ISORPI Accounting and Reporting by Charities pr8paring their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of I￿land
FRS 102" applying Section 1A ol that Standard.
As permitted by Ihg Companies Act 2006. the charity has varied the standard formats in that act lor the
Statement of Financial Activities and the Balance Sheet. Departurè5 from the stsnd8rd formats are to compty
with the requirements of the Charitles SORP and are In ¢ompllance with section 4.7, 10.6 and 15.2 of that
SORP.
Statèm•nt of compllance
The fin8nci81 statements of the charity for the financial year ended 31 Decernber 2025 have been prepared on
the going concern basis and in accordan￿ wlth Ihe Ststement of Recommended Practice ISORPI
'Accounting and Reporting by Charities preparing their accounts in aC￿rdane￿ with the Financial Reporilng
Standard 8pplieable in the UK and Republc of Ireland FRS 102 apptying Section 1A of th81 Standard.
Fund accounting
Tho following are the categories of funds maintalned:
Restricted funds
R85trict8d funds represent Income recelved whlch can only b8 US8d ft)r particular purposes. as speclfled by
the (Son0￿. Such purposes are within the overall L*)lectlVes of charity.
Unrestrict8d funds
Unrestricted tunds consist of General and Designated funds.
General funds rep￿sent arnounts which are expendable at the discretion of the board, in furtherancè of the
objectives of the charity.
Designated funds comprise unr8Stricted funds that th8 board has. at Its discretlon, sel aside for particular
purposes. These designations have an adminlstralivg purpose onty. and do not legally restrict the board's
discretion lo apply the fund.
Income
Incorne 15 recognised by inclusion In the Statement of Financial Actiwts'es only when the charity is legalty
entitled to the inctsmÈ, perfortllance conditions attached to the iternlsl of income have been met. tha amounts
involved can be rneasured with suffldenl rèllability and it is probable that the income will be received by the
charity.
Income from charltablo a¢tivitie$
Income from charitablè activitie5 includes income earned from the supply of services under contractu
arrangements and from performance ￿￿￿ted grants which have conditions that specfy the provision of
particular serVi￿S to be prDvided by the ch8rity. Income from government and other co-funders is iecognised
when the charity Is legally entitled to the income because il is fulfilling the condiuons contalned in the related
funding agre8msnts. Whère a grant is received in advan￿, its recogniiion 15 d8fèrr8d and iNcluded in
creditors. Wh8Te 8ntitt8m8nt occuE3 trefore income is received. it is accrued in dabtors.
Grants from govemments and other co-funders (yplcally include one of the followlng typ85 of conditsons-.
Perf(>miancè based conditions.. whereby the charity is contractualty entitled to fundlng only lo the extent that
the core objectlV8s of th8 grant agreement are achieved. Where the charlty Is mèeting th8 core objectives ol a
13

contlnued
South Belfast Foodbank
IA company Ilmlted by guarantEe. not hHvlng 8 share capltall
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 Decemb8r 2025
grant agreement, 11 recognlses th8 related expenditure, lo the axlenl thal11 Is rolmbursabla by the donor. as
income.
.Time based condition5= whereby the charity is contractually enliued to funding on the condition that it is
utilised in a partlcular period. In these cases the charity recognlses the income to the extent ￿ Is uti115ed wlhin
the pericid spe¢rfIed in the agreement.
In the absence of such conditions, assuming thal re￿Ipt is probable 8nd the amwnt can be reliably
measured. grant income is recognised On￿ the charity is notified of entitlement.
Grants rec8ived towards capital expenditura ara crèdlt8d to th8 Stalernent of Flnancial Activities when
recelved or receivable, whichever is earfier.
Exp8ndlture
Expenditure is analysed behveen costs ol charltab18 activities and raising fvnds. Th8 costs of each activity ar8
sep8rately accumulaled and disclosed. 8nd 8nalysed according to their m8jor components. Expenditure is
cognised when a legal or construclive obligation èxists as a rèsutt of a past evenl, a transfer of economic
benefits is ￿quired in settlement and the amount of the obligation can be reliably rne8sured. Support costs
are those functions that asslsl the work of the charfty but eannol be attrfbuted to one actiwty. Such costs a
alloc3ted to activities in proportion to staff time spent Or other suttable Measure for each ackn'vity.
Judgernents and key sources of •stimation uncertainty
The preparation ol the financial statemenis requires management to make judgenents, estimates and
8ssumptions that affect the amounts reported. These estim8tes and judgements are continually reviewed and
are based on experien￿ and other factors. Including expectations of future events that ar8 believed to be
reasonable under Ihe circumstanc8S.
Tanglble fixed assets and depreclatlon
Tangible fixed assets are stated at cost or al valuation, less accumulated depreclalion. The charg8 to
depreciation is calculated to vvnte off the original cost or valuation of tangible fixed assets. less their estimated
residual valug, over their exp6ctad usaful liv85 a5 follow5..
Motor vehicles
25Yo Straight line
Stock
sio¢ks are stated at the lower of cost and net realisable V￿U8. after making due allowan￿ for obsolete and
slow moving items. Cosl Includes all wsts incurred in the normal course of business in bringing them to their
present location and CDndition. Stocks cornprise fundraising materials. It is not considered practicablè to valu&
stock of unsold donated goods 8t Ihe fin8nci81 year end.
Debtors
Debtors are recognlsèd at tha settlgrngnl amount due after any dlscounl offered. Prepayments ara valuad at
the arnounl prepaid net of any trade discounts due. Income recognised by the charity from gov8rnmenl
agencies and other co-fund8r3. bul not yel received al financial year end, is included in debtors.
Cash at bank and In hand
Cash at bank and in hand comprises cash on depDsiI al banks requSrfng less than three months noU¢e of
withdrawal.
Taxatlon
No current or daf*￿d taK8tion arises as the tharity has been granted charflable exemplTron. Irr8CQVgTabl8
valued added tax is expensed 88 incurred.
Flnan¢ial Instruments
A financial asset or 8 financi81 liability is recognised only when the charity becomes a p8ty to the ¢ontr8clual
provisions of the instrument.
B851¢ financial instruments are initialty recognis8d al tha amount rgceivable or payable in¢ludiry any related
1r8nsacb.on wsts.
Current assets and current liabilities are subsÉquèntly mèasur8d al the cash or other consideration expected
to be pald or received and not discounted.
14

contlnued
South Belfast Foodbank
IA company Ilmlted by y￿arantee. not havlng a share capltall
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 December 2025
Debt instruments are subsequentty measured al amortised cost
Where investments in shar8s are publicly traded or their fair v81ue can otherwise be mèasured rèliably, the
investment Is subsequently measured al fair value with changes in fair value recognlsed In Income and
expendliure. Al other such inve5tm8nts are subsequenuy measured at cost less impairment.
Other flnancSal instruments, including derivatives, are initialty re￿IgnIsed at falr value. unless p8yment for an
asset is deferred beyond normal business terms or finantsd at a rate of interest that is not a market rate. in
which case the asset 1$ measured al the present value ol the future payments disc(xJnted at 8 market rale of
Intarast foi a slrnilar debt instDJment.
Othèr finan¢ial In8trum8nts are subsequently measured al falr value. with any changes recognised in the
statem8nt of financial activitie5. with the exceptlon of hèdging in5trumonts In a d85ignatsd hedglng
relationship.
Financial assets that are measured at cost or amortised cost 8r8 r8W8W8d for objective evidence ol
imp8irmenl 81 the end of each reporting date. If there is objective evidence of impaiment, an impairment bss
is recognised under the appropriate h&ading in the st819m8nl of financial activities in which the initial gain w8S
r8cogni38d.
For 811 equty instruments regardless of signrficance. and other financial assets that are individually significant.
these are a55essed indlvldually for Impaimiant. Other financlal assets are either assessed indwidually or
grouped on the basis of similar credlt risk char8Cterislics.
Any reversals of irnpalmienl are recognlseo Immèdlatèly. to thg 8Xtenl that the reversal does not result In a
C8rrying amount of the financial asset that ex¢e&ds what the carrying 8mount would have been had tho
impairment not PTeviousty been ￿CognISed.
INCOME
DONATIONS AND LEGACIES
Unrestricted Restricted
Funds
Fund8
2025
2024
Donations and legacies
Donated goods
Gift Aid
People's fundraising donations
76,419
152,940
14,085
32,610
56,886
133,305
152,940
14,085
32.610
122,693
157,295
7,520
25.257
276,054
56,886
332,940
312.765
32
CHARITABLE ACTIVITIES
Unrestrlcted Restrlcted
Funds
Funds
2025
2024
Grant Income . OLM
Grant Income.. Financial inclusi<>n
7.7Y8
5,935
48,612
39,565
56,390
45,500
55.682
13,713
88.177
101.890
55,682
INVESTMENTS
Unrestricted Restricted
Funds
Funds
2025
2024
Deposll ￿lUnt inl8rèst
5,819
5.819
7.260
15

continued
South Belfast Foodbank
IA CDrnpany Ilrnlted by guarantee. not havlng a sharè eapltall
NOTES TO THE FINANCIAL STATEMENTS
for the flnanclal yaar 9nded 31 December 2025
EXPENDITURE
CHARrrABLE ACTIVITIES
Dirèct
Costs
other
Costs
Support
Costs
2025
2024
Expenllilure on charitable activStles
Governance Costs (Noie 4.21
417,665
6.100
2.950
423,765
2,950
3e1,114
3,211
417,665
9.050
426,715
3B4.325
GOVERNANCE COSTS
Dlre¢t
Costs
other
Costs
Support
Costs
2025
2024
Charitable actlvides- govemance
costs
2,950
2,950
3,211
SUPPORT COSTS
Charitable Governance
Activities
Costs
2025
2024
Finance costs
Management costs
Other costs
Support
4.458
720
922
4,45B
720
922
2,950
4,510
1,920
1.845
3,410
2,950
6.100
2,950
9.050
11,685
NET INCOME
2025
2024
Net Incomo is stated aft0r chargingllcreditingl:
Depreclatlon of tangible assets
922
1,845
INVESTMENT AND OTHER INCOME
2025
2024
Other interest
5.819
7.260
EMPLOYEES AND REMUNERATION
Numbèr of employees
The average number of persons employed IlncludSro @xeculfve Injsleesl during the financial year was as
follows:
2025
Number
2024
Number
Average head count
The staff costs comprlse:
2025
2024
Wages and salaries
Pension costs
52.282
2,072
47.296
1,659
54,3S4
48,955
16

contlnued
South Belfast Foodbank
IA company Ilmlted by guarantèe. not havlng a Share capital)
NOTES TO THE FINANCIAL STATEMENTS
for thg financlal year ended 31 De￿rnber 2025
KEY MANAGEMENT PERSONNEL
Key management personnèj includ8 all persons that have authority and responsibility for pl8nning. directing
and wntrolling the actlvttles of the chÈrity. The total compensation paid to key management personnel for
service5 provided to the charity was £52,28212024.'£47,2981.
TANGIBLE FIXED ASSETS
Motor
vèhiclès
Total
Cost
At 31 December 2025
7.379
7,379
Depreciation
At 1 January 2025
Charge for the financial year
6.457
922
6,457
922
At 31 Decembèr 2025
7,379
7,379
Nat book value
At 31 D8C8mb8r 2025
Al 31 Dacambar 2024
922
922
10.
STOCKS
2025
2024
Stock
29.975
31.776
11.
DEBTORS
2025
2024
Other debtor8
Prepayments and accrued inc£Jrne
17.501
1,565
18.792
2.313
19.066
21.105
12.
CREDITORS
Amounts falling due wtthln one year
2025
2024
Accruals and deferred income
2,108
735
13.
RESERVES
2025
2024
At the beginning of the year
SurplusllDeflcltl for thÈ financial year
334,605
13,934
343.223
IB,6181
Al the end ofth8 y88r
348,539
334.605
17

continued
South Belfast Foodbank
IA company Ilmltefl by guarantee, not havlng a shaTe caplta
NOTES TO THE FINANCIAL STATEMENTS
for the financlal year endéd 31 December 2025
14.
FUNDS
14.1 RECONCILIATION OF MOVEMENT IN FUNDS
Unre5trlctÈd Restrlcted
Funds
Funds
Total
Funds
Al 1 January 2024
Movement during the financial year
314,069
9,875
29.154
118,4931
343,223
18,6181
At 31 December 2024
Movement during the financial ye8r
323,944
117,6521
10.661
31.586
334,605
13,934
Al 3fj Dec8mtrer 2025
306,292
42,247
348,539
142 ANALYSIS OF MOVEMENTS ON FUNDS
Balance
1 January
2025
Income Expenditure
Transfèrs
Balanc8
bgtW¥gn 31 December
funds
2025
Restrietèd funds
BankLJet fund
Fuel bank
TnJss811.. OLM
The Truss811 Trust: ￿nancIal
Inclusion
Systems Developmenl
Food donation
2,661
8,000
685
43,201
48,612
39,565
3,029
43,201
48,612
16,635
317
8,CMJO
22.930
5.000
8.000
5.000
6,000
2,000
10,661
145.063
113.477
42.247
Unrestricted funds
Designated Fund
Unr8slricl8d General
30,772
293.172
30.772
282.466
61.972
161,9721
61.972
244,320
295,586
323,944
295,586
313,238
306,292
Totsl funds
334.605
440,649
426,715
348,539
Bankuet '. Thls ts a fvnfj resulting from donations to B8nkuel, where use of tho funds 18 restricted to the
purchase of food related items.
Fuelbank .' Don8Uon$ to bg used to alleviate fuel poverty.
Trvssell Trust Flnancial Inclusion This is a grant frorn Trussell which provides funding for an initiatlV8 which
aims to emwer individiuals experfendng povarty by Improving access to Ilnancial resources and support.
Food Purchas8s- Donallons made by 1ndlvldua151organi5ations where thÈ fiJnd5 are to be used to purchas
Systems development - Donatlon made by an individual to support the devebpment of systems with the
Foodbank.
Thè d8signated fund represents a furvj sel aside to cover thrèè Irrgv(Kable property lease comrnitmenls.
These three lease commitments will come to an end in the perfod April 2026 to November 2026.
18

conJnued
South Belfast Foodbank
IA company Ilmlfed by guarantÈe. not havlng a share capttall
NOTES TO THE FINANCIAL STATEMENTS
for the finanaal y8ar ended 31 Decemb9r 2025
14.3 ANALYSIS OF NET ASSETS BY FUND
Current
assets
Current
Irabilbti•s
Total
Restricted funds
42.247
42,247
Unrestricted general funds
308,400
{11081
306,292
350,647
{2.1081
348,539
15.
STATUS
The charlty Ss a company limited by guarantee not having a share capital.
The liability of thè members is limited.
Every member ol the company undertakes to contribute to the assets of the company in the event ol ils being
wound up while they are members, or within one Inancial year thereafter, for the payment of the debts and
liabilities of th8 cornpany contracted before they ceased to be members, and the costs, charges and expenses
of winding up. and for the adjustment of the right5 of the contributors among thems81ves, such amount as may
be required, not èxceeding £ 1.
16.
CONTINGENT LIABILITIES
A conlingent liability exists to ￿PaY gmnts and Tru31 rnonies recewed should certain condibons not be fulfille(I
by the charity. In th8 opinion of the Trustees. thè tsrtns of the Letters of Offers h8ve beèn. or will be, complied
with and no liability is expected.
17.
TRUSTEES. REMUNERATION
The Charity trustees We￿ not paid or ffjceived any other benefits from employment wtiti the Charity in the
year12024'. £Nill. There was no expenses reimbursed lo Trustees during the year12024.' £Nill.
No other transactions look place wlth mlat8d parties during the year.
18.
POST-BALANCE SHEET EVENTS
There have b8en no &gnificant events affecting the Charity since the financial ye8r-end.
19

SOUTH BELFAST FOODBANK
IA company Ilmltod by guaiantèe, nol havlng a shar8 caplt811
SUPPLEMENTARY INFORMATION
RELATING TO THE FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2025
20

South Belfast Foodbank
IA company Ilmlted by guaranteÈ. not havlng a Share capltall
SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS
Operating Statement
for the financial y&8r ended 31 De￿mber 2025
2025
2024
Income
Donations
Donated goods
Grant OLM
Grant Financial Inclusion
Gift aid
Peoples fundraising donallons
133,30S
152,940
56,390
45,500
14,085
32,610
122,693
157,295
55,682
7,520
25.257
434.830
368.447
Exp8ns8s
Wages and salaries
Penslon
Staff tiaining
Rent and rates
Insurance
Light and heat
Cleanlng and hyglene
R8pair5 and maintenance
Postag8 and 5tation8ry
T8lèphon8
Computer equipment and sothvare
Leg81 fees- general
Legal fees- employmont
Ac¢ountan¢y fees
Bank charges
88nkuet le8S
Fuel bank f8gs
Vehide 8xpenses
Miscellaneous
Donated goods dislrlbuted
Forxl purchases and delivery
Fu81 vouchers dlslributed
Grant expenses
Depreciation
52.282
2,072
654
46.508
3,781
3.415
7,668
7,518
1,104
3.235
47.296
1,659
1,140
43.977
3,574
2,941
6,187
7,539
1,921
2.260
3,463
1.200
720
3.211
199
890
3,620
1,759
1,074
150,160
14,859
27,149
55,682
1,845
720
2.950
309
29
4.120
1,848
2,472
154,741
20,428
39,081
70,858
922
426.715
384.325
Miscellaneous income
other interest
5,819
7,260
Net surpluslldeflcltl
13.934
18,6181
The supplemgnlary itrformatlon do85 not form part of thg fjnanclal statemènts
21