Renfrewshire Q Foodbank Together with Trussell Annual report & statement of accounts Year ending 31 December 2024 OSCR u)Ir Scottish Chaity Regulator .oscr.org.uk Regist•Jed SCIO SC0412NJ
Renfrewshire Foodbank SC044200 Contents Trustees, annual report....................................... Independent examiner's report......................... Receipts & Payments account........................... Statement of balances......................................... 10 Notes to the financial statements...................... 11- 16 Page I ntrcw3hrc foodbank
Renfrewshire Foodbank SC044200 TRUSTEES. ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 The trustees present thelr report and the flnanclal statemenls ofthe charltyfor the year endlng 31 December 2024. This is the eleventh report of ihe charity which was established as a Scottish Charltable Incorporated Organisation on 13August 2013. Reference and administrative information Charity name: Renfrewshire Foodbank Charity regislration number.. SC044200 Principal office.. Block E, Westway, Porterfield Road, Renfrew, PA4 8DJ Registered office: 18 Templarcrescent, Erskine, PA8 7FF Bankers.. Royal Bank of Scotland, l Moncrieff Street, Paisley, PA3 2AW Website.. www.renfrewshire.foodbank.or .uk Facebook.. www.facebook.com/renfrewshirefoodbank Twitter.. @Ren_Foodbank Trustees Thefollowing served as charitytrusteesduring theyearand upto the date oflhls report.. Treasurer Chair Secretary Page 2 ntrcw3hrc foodbank
Renfrewshire Foodbank SC044200 STRUCTURE, GOVERNANCE & MANAGEMENT Governing document The charity is a Scottish Charitable Incorporated Organisation (SCIO) governed by its constitution which was registered with the Office ofthe Scottish Charity Regulator on 13 August 2013. Appolntment oftrustees Thecharity'strusteesare appointedorre-appointed bymajorityvote byexisting charitytrusteesand in accordance with the termscontained in the charity's constitution. Adminlstratlve Structure The trustees are responsible for the overall direction of the charity and serve on a voluntary basis. Objectives & Activities The charity is established for charitable purposes only and is underpinned by Christian values and carried out wlth a Christian ethos. In particular, the oblects are.. The prevention or reliefof povety. The relief of those in need by reason of age, ill-heallh, disability, financial hardship or other disadvantage. The main activity otthe charity is to distribute donaled food to those in need within the Renfrewshire area. Those in receipiofemergencyfood parcelsare referred by other agencies. ACHIEVEMENTS & PERFORMANCE The Need In 2024we gave a 3-day nutritionally balanced supply of5,426food parcels (7,095 adults and 3,310 childrenl- a total of 10,405 people accessed emergencyfood from us in 2024. Similartothe previousyear,the biggestreasonforpeople accessingemergencysupportwas dueto lowlncome. Thls iscoupledwiththe rlslng costsofessentlals.Thlsaccountsforpersonswho recelve benefits, yet they do not appear to be sufficient to cover food and other necessities. It also compensatesforpersonswhoareemployed butdo nothaveaconstantsource ofincomefromweek toweek. Benefil delaysand adjustmentscontinueto generate a hugenumberofreferrals, and people are stlll struggllng wlth debt, which drlves them to the Foodbank. Thls hlghllghts some ofthe keydrlvers otfood Insecurfty: Insufficlent beneflts, unstable employment, benefit delays and changes, and debt issues. These factors create a precarious situation for many people, forclng them to rely on food banks even when they are technlcally employed or recelvlng government support. The number of people without access to public funding has increased, leaving them wilh no choice except lo rely on emergency food supplies. This indicates a growing need among people who are excluded from publicfunding, which could include migranls, asylum seekers, orthose with complex residency statuses. This group is particularly vulnerable because they lack a safety net, making emergencyfood supplies a crucial lifeline. Howwe help Page 3 ntrcw3hrc foodbank
Renfrewshire Foodbank SC044200 With our Financial Inclusion Service in partnership with Renfrewshire Council coming io a natural end in 2024we have been successful in securingfurtherfunding and haveagreed a new partnership with Renfrewshire Citizens Advice which will commence in 2025. With this new partnership we wlll have a dedicated advisor present in all our distribution sites across Renfrewshire as well as access to a wide range ofothersupport services. We have continued to offerour Fuel Voucherservice to people unable to heat their homes and keep their lights on. This has never been more needed with rising energy prices putting unexpected pressure on people and families with low income. The bulk of food in the food parcels continues to be tinned and packaged goods, but this yearwe have also been able to supplement this with fresh ilemssuch as eggs, bread, fruitand vegetables,thus increasing nutritionalvalue. This has been very well received by our servlce users. In 2024 we handed out over 5,000 fresh food parcels. However, manyfoodbank customers have noaccessto cooking facilitiesandwe also provide amended packs contalnlng food that requlres no or minlmal heatlng. We contlnue to provide bus tickets to asslst foodbank users get heavy parcelsfrom the distribution centres. This is particularly helpful forfamilies needlng larger food parcels or people wlth dlsabilities. We gave out lust under 800 bus tlckets thls year. Connectivity continued to be a major concern for our service users, and being separaled from the outside world can lead to feelings ot loneliness and Isolation, as well as an Impact on their Income. More and more businesses insistcustomers accesstheirservicesonline, and those who are unable to do so are at a disadvantage. Thanks to Trussell, we were able to provide foodbank customers a SIM card bundle, allowlng them to access onllne seNlces and stay more connected to those in thelr lives. In 2024, we distributed over30 SIM cards. During the Christmas period we issued 165 butcher vouchers to people accessing our service. These vouchers were exchanged for fresh butcher meat and were accessible for all who needed one. In 2024forthefirsttime, we have regularlyhadto purcha5efoodto supplement donated food stocks. staff Our Staffing team is comprised o Senior Manager), Manager) and Wareliouse Cooidinator}. Assistant Our Stakeholders Onceagain thankstolhegeneroussupportof people, organisations and businessesin Renfrewshire the foodbank has received an astonishing 116 tonnes of food and essential supplies such as tolletrles and pet food donaled to help us support those In need. We have dlstrlbuted 115 tonnes of food and essential items to the people of Renfrewshire who faced crisis. Our devoted team of over 100 volunteers volunteered over 6,500 hours In our Dlstrlbutlon Centres, Warehouse, and Offlce. Over 170 referral services across Renfrewshire provided crucial voucher recommendalions to those in need. We are sincerely grateful to the resldents of Renfrewshire and beyond fortheirtime and generosty. It isthis supportthatenables thefoodbank to continue itswork. Warehouse 2024 saw the Foodbank relocate to a new warehouse faclllty in the Westway estate. These new premises have made a massive improvementtothe efficiencyofthe Foodbank's operationsoverihe year. Other companies wlthin the Westway very generously assisted us with the relocation and Page 4 ntrcw3hrc foodbank
Renfrewshire Foodbank SC044200 continue to provide essential maintenance and services. We are particularly grateful to Doosan Babcock, Bullet Express and Knight Frankfortheirongoing support. Future strategy Having completed the relocatlon to our new premises, the Board Is in the process of reviewing the Foodbank's strategy for the coming years. As part ot our new strategy, we are considering the establishmenl of a community hub in the heart of Paisley to seNe as a welcoming space where a rangeofpartnersupportservicescan engage directlywith ourcommunity, building connectionsand offering assistance to those who need it most. Bybringing togethervarious services underone roof, we would aim to create a supportive environmentthatfosterscommunitywell-being and resilience. The strateglc revlew wlll also conslder whether our current dellvery model Is stlll flt for purpose or whether a model more akin to shopping in a supermarket would be possible or appropriate. This approach could potentlally help us give Indlvlduals greater cholce and control overthelrfood optlons, helping to better meet their personal and cultural preferences. Through these possible changes, we hope to enhance our community's experience, strengthen partnerships with local support organisations, and continue our commltment to addresslng food insecurity in a more responsive and inclusive way. Case Studies We provide a fresh pack for our clients, this includes bread, eggs, fruit and vegetables. Luey118), who was recently made homeless due to domestic vlolence, Is Ilvlng In temporary accommodation and cameto the foodbankforthefirst time: .1 was made to feel so welcome at the foodbank and when I was there I forgot about my worries, the nice lady gave me a bag with frui¢ vegetables, bread and eggs. She also looked and found me stock cubes and lentils and told me how to make soup. No one has everbeen that nice to me. I can now go back to the flatand have my favourite, French toast." During the Christmas period we also provided 244 butcher packstofoodbank users, which included a breakfast pack and Ilb of mince and stewing steak. This is always well received b our clients as it makes sure they have something special over the Christmas period who has been struggling with rent arrears, attended our Paisley Distribution during this period and said: .1 am so happy that I can have a full fry up on Christmas morning. I have notbeen able to have a treatsince I fellbehind with myrent. The loodbank have made my Chrlstmas." We provide an all-daybusticketfor people attendin the foodbank who would otherwise face great dlfflculty taklng thelr food parcel and extras home. who were recently forced to give up their car due to financial issues, camc to thc loodbank to collect a food parcel for themselves and 3 chlldren. Astheywere worrled aboutgettlngthefood home, we Issued them a bus ticket each. "I was so shocked when I saw the amount ofstuff that the foodbank gave us. we definitely didn't expect as much as we got. They asked us if we needed any toiletries or pet food which we did but I said to them that we couldn't manage the 4 mile walk home. they gave us a bus ticket each Page 5 ntrcw3hrc foodbank
Renfrewshire Foodbank SC044200 which was brilliant. Italso meant that I could use the ticket to get to work later that day.. Financial Review The charityreported a deflcitof£42,047 {2023'. £59,013 surplus}forthe year. Taking accountofthls deficit, accumulated reserves stand at £446.815 (2023: £488,862) as at 31 December 2024. £393,598 12023.. £424,880) is attributed to the unrestricted funds and has been the result of continued public supportfor ourwork, alongwilh the supportwe receive from Doosan Babcockand Knight Frank. Of this, £244.30812023'. £236,319) has been set aside by the trustees in designaled fundslorfLrture planned expenditure. This leaves £149.290 {2023'. £188,561) in the general fund. Donated food Is not Included In the recelpts and payments account but If valued at £1.68 per kllo which isthefigure used bysome other UKfoodbanks, itwould amountto over £194,880 in value. At some polnts ofthe year,wefoundwe heldexcess stocks ofoneormore partlcularfood item. Inthese instances, where we don't expectto be able to distribute all the donated ilems within the sell-by date, we are able to respond to the call from other foodbanks or charltles In order to share some of the excess food wilh Ihem. During 2024, we supported the undernoted organisations by donating excessfoodtothem: The Star Project ISC028133) The Haven Kllmacolm ISC034641) Refuweegee ISC046843} Bemardo'sThreads {SC037605) EBI Unites Paisley Methodistchurch (SC038413) In addition to the financial donations received during the year (detailed in note 61, we are exlremely grateful for the many Individuals, churches, local businesses and other organisatlons who donated theirtime volunteering with us. The work we do would not be possible withoutlhe army of over 100 wonderful volunteerswho have helped us during this year. Volunteers provide the charlty with over 332 hours of work perweek lequivalent to over 9 full time members of staffl. The value of services provlded by volunteers Is not Incorporated into these flnanclal statements, but based on paying the national living wage of £11.44for 48 weeks ofthe year, the eslimated costto the charitywould be in excess of £182k. We are extremelygratefulthat ourcommitted volunteers providethis level ofcost- saving tothe charityand withoutthem we could notcontinue to provide the seNice we currently do to meetthe growing need in the area. In-kind donations are not accounted for within the financial statements, bul we are extremely thankful forthem all. In particular, we would also like to thank the undernoted organisations for their contribution to our workwhich has helped us meetthe needsofthose in crisis in Renfrewshire in a numberofways.. Altrad Babcock and Knight Frank who support us by providing and maintaining warehouslng and office facllltles In Renfrew. Canmoorwho support ouroperations in Renfrew with contributionsto our Lrtilities. AK Vehicle Rentalwho support uswith short-tenm van hire when required. Advlce Works. RAMH and Renfrewshlre Clllzens Advlce Bureau who have provlded tinancial and benefit adviceto those using ourservice. Page 6 ntrcw3hrc foodbank
Renfrewshire Foodbank SC044200 Tesco, Morrlsons. Co-operatlve and Salnsbury's who have allowed us to undertake food collections within their stores. Paisley Baptist Church, Johnslone St Paul's Church and Renfrew Baptist Church who all allow us to use their premises for the distribution of food. Thermoflsherwho donate volunteerlng hours durlng ourbusy perfod. Thesaurus Software Ltd who provided us with their BrightPay payroll software. Charity Digital Trust who through their Charity Digital Exchange programme has provided us with savings ofupto 96Yo on world-leading technology-based products. The growing number of local businesses and organisalions who have agreed to provide a penmanent collection polnt within their premises to assist the general public make donations of food or money at a lime and place to suit them. We publish details of all permanent collection points throughout Renfrewshire on our website. Reserves policy The trustees, policy is to maintain unrestricted funds (i.e. funds not committed or invested in fixed assets) at a level that equatesto between 6 months operating costs in orderto ensure continuity of service given the uncertainty of itssources ofincome. The charty's unrestricted reserves at 31 December 2024 amounted to £393,598 (2023.. £424,880) whlchwas abovethe requlred level howeverwas acceptable tothe trustees. Somefunds have been set aside in designated funds to cover future known costs as shown on page 16. The truslees are satlsfied that the reserves In place provide certainty for current and future employe8s and servlce usersofthe charty. Thetrustees are working on a 5-yearstrategic plan which involves provision for future Investment In property, addltlonal staff and further partnershlp worklng whlch wlll requlre the availability of funds for one-off items of expenditure for which the current reserves will be utilised in future years. The current economic climate Is such that Ihe trustees are expecting a rlsing demand in the future, so may need to look at larger premises for both food storage I warehousing as well as food distribution for which additional funds wlll be requlred. Thls reportwas approved bythetrusteeson 30 September 2025and slgned on thelr behalfby Treasurer Page 7 ntrcw3hrc foodbank
Renfrewshire Foodbank SC044200 INDEPENDENT EXAMINER'S REPORT YEAR ENDED 31 DECEMBER 2024 I report on the accounts of Renfrewshire Foodbank ISC044200} for the year ending 31 December 2024 which are setOLrton pages nineto sixteen. Respective responsibilities oftrustees and examiner The charity's trustees are responsible for the preparation of the accounts in accordance with the terms ofthe Charitiesand Trustee Investment{Scotland)Act20051"the 2005 Act") andthe Charities Accounts (Scotland) Regulations 2006 (as amended} I'the 2006 Regulations"). The charity's trustees consider that the audit requirement of Regulation 10{I}{d} of the 2006 Regulations does not apply. It is my responsibility to examine the accounts as required under section 44(11{cl of the 2005 Actand to statewhether particular matters have come to myattention. Basls of Independent Examlner's statement My examination is carried out in accordance with Regulation 11 of the 2006 Regulations. An examlnatlon Includesa revlew ofthe accounting records keptbythe charityand a comparlson ofthe accounts presented with those records. It also includes consideration of any unusual items or dlsclosures In the accounts and seeks explanatlon from the Trustees concernlng such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently, I do notexpress an audit oplnion on the vlew glven bythe accounts. Independent Examlner's statement In the course of my examination, no matterhas come to myattenlion which gives me reasonable cause to believe thal in any material respecl, the requirements: to keep accounting records in accordance with section 4411)(a) of the 2005 Act and Regulation 4 ofthe 2006 Regulations, and lo prepare accounts which accord with the accounling records and comply with Regulation 9 of the 2006 Regulations have not been met, or to whlch, In my oplnlon, attentlon should be drawn In order to enable a proper understanding oflhe accounts to be reached. 30 September 2025 Page 8 ntrcw3hrc foodbank
Renfrewshire Foodbank SC044200 RECEIPTS & PAYMENTS ACCOUNT YEAR ENDED 31 DECEMBER 2024 Unreslricled Restricted 2024 Tolal 2023 Total RECEIPTS Note Grants 33,000 120,137 4,354 13,001 5,000 50,277 903 83,277 121,040 4,354 13,001 5,000 95,930 155,495 2,354 7,026 6,356 Donations Fundraising Investment income HMRC EmploymentAllowance Other income Total Receipts 175,492 51,180 226,672 267,161 PAYMENTS Charitable Activities 204,852 81,945 268,797 202,991 3,658 1,088 Fundraising Purchase of Fixed Assets Purchase of Investments 815 815 Governance Costs 1, 107 1,107 411 Grants & Donations Total Payments 206,774 61.945 268,719 208,148 Surplusl{deficit) before transfers (31,282) (10,765) 142,047) 59,013 Transfers Surpluslldeficil) after transfers 131,2821 {10,765} 142,047) 59,013 Page 9 ntrcw3hrc foodbank
Renfrewshire Foodbank SC044200 STATEMENT OF BALANCES ASAT 31 DECEMBER 2024 Unrestricted Restricled 2024 Total 2023 Total BANK AND CASH IN HAND Opening balances Sur lus/ deficit for the Closin balances 424,880 31,282 393 598 63,982 10,765 488,882 42,047 446815 429,849 59,013 488 862 ear OTHER ASSETS COIF Charity Investment Fund Plastic food slorage crales Computer & ITequipment Warehouse shelving Otherwarehouseequipment Travel expenses due from Trussell Refund duefrom BT Total Other Assets 79,147 16,563 4,428 613 1,364 114 133 102 362 79,147 16,563 4,428 613 1,384 114 133 102 362 75,102 16,563 4,428 613 828 LIABILITIES Nest Pensions Independent Examiner's Fee Bankcharges Fuel Advice Worker Salary utilities HMRC PAYE Total Liabilities 370 300 51 12 370 300 51 12 300 168 90 27,000 45 733 733 The notes on pages 10- 15 form an Integral partofthese account8. Approved bythe trustees on 30 September2025 and signed on theirbehalf by Trcasurcr Page 10 ntrcw3hrc foodbank
Renfrewshire Foodbank SC044200 NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2024 1. Basis ofaccounting Theseaccountshave been prepared on a Receipts & Payments basis in accordancewith the Charities & Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotlandl Regulations 2006 las amended). 2. Transactions with trustees or connected persons No charity trustee or person connected with a charity trustee received remuneration during the year. No charity trustee (2023: None) received expenses during the year. The Trustees may derive Some indirect benefit from their role in the charitywhich may be ofassistance in Iheir professional duties with other charities. This is common to many trustees serving in a wide range of charities, and it is not possible to quantify this benefit in financial terms. 3. Taxation The charity 18 not liable to income tax or capit81 gains tax on its charitable activities. The charity is also not registered forVAT, and any expenditure includes anyVATcharged. 4. Fundraising income We contlnued to make use of charlty collectlon tlns durlng the supermarket collectlons for thosewho preferto give moneyinsteadoffood, and we have a small nurnberofcollectiontins In local businesses. Fundralsing Income (all of which was unreslricted) accounted for £4,354 (2023: £2,354). A large proportion ofthisfundraising incomewasfrom a collection held atthe St Mlrren football match and a speclal eventheld by Slng Outslngers. Unrestricted Restricted 2024 Total 2023 Total Sing Out Slngers fijndraising 8V8nt Collection tins elsewhera Collection tins at su ermarket collections Total Fundraisin Income 2,000 2,255 99 2,000 2,255 99 1,610 744 Pagell ntrcw3hrc foodbank
Renfrewshire Foodbank SC044200 5. Grants received Grants totalling £83,277 {2023: £95,930} were gratefully received from the undemoted trusts or organisations during the year- Unrestricled Restricted 2024 Total 2023 Total Trussell Trust Robertson Trust Hugh Fraser Foundation Peter Brough Bequest Fund Arnold Clark Providing for People in Paisley Peter Coats Charitable Trust Renfrewshire Council The Corra Foundation Martin Charttable Trust DC Leggat Charttable Trust The Inchyre Trust Andrew Paton Charf(able Trust Total Grants received 45,277 45,277 27,500 5,000 2,000 2,000 1,000 500 42,680 25,000 27,500 5,000 2,000 2,000 1,000 500 2,000 16,000 5,250 2,000 1,500 1,000 500 83,277 Page 12 ntrcw3hrc foodbank
Renfrewshire Foodbank SC044200 6. Donations received Donations accounted for 53% {2023.' 60%) of our overall income. We are exlremely grateful tothe manyindividualswho donated atotal of£66,213 (2023: £73,853) in financial donations tolhe charityduringtheyearwhich along withlhe £2,30612023- £2,190) ofGiftAidtax rebate received during the year constwtuted vital income for the charity. Businesses and organisations also provided £52,521 {2023.' £79,452) of voluntary income to the charlty whichwe are exlremelygrateful for. Unrestricted Restricted 2024 Total 2023 Total from individuals Iregularl from Individuals Total Gift Aid Gifts 14,749 14,749 15,997 500 500 23,378 23.878 24,915 from businesseslorganisations from businesseslorganisations {regularl from individuals trom individuals Ire Total General Glfts 44,848 7,673 12,963 29,072 94.556 44,848 7,673 13,263 29,072 94.856 75,813 3,639 19,194 29,744 128.390 300 ularl 300 Gift Aid Tax Rebate 2,203 103 2,306 2,1gJ Total Donations received 120 137 903 121040 155 495 7. Grants & donatlon8 made Gifts to external organisations and individuals are considered by the trustees on the basis of need and are only made to those organisations and activities which are compatible with the charltable oblectivesofthecharlty. Noglftswere made to politlcal partles. No gfftswere made to organisations during the year (2023- none). In the furtherance of the charitable objectives of Ihe charity, no gifts (2023: none) were made to individuals with a total value of £nil (2023.. £nil). 8. Governance costs Unrestricted Restricted 2024 Total 2023 Total Independent Examlner's Fee Trustee meetings Le al costs Total Governance Costs 300 121 300 121 300 iii 686 686 411 Page 13 ntrcw3hrc foodbank
Renfrewshire Foodbank SC044200 9. Charitable activities payments Unrestricted Restricted 2024 Total 2023 Total sialf Costs Salaries Employer's National Insurance Slaff Pensions (Èmployer's contribution) Total staff costs 88,549 7,518 1,733 97,81KJ 53,184 141,733 7,518 1.733 150,984 114,277 7,016 1,737 123,030 53,184 Transport Costs Van- lease Van - insurance Fuel Itravel costs Van- maintenance & repairs Van - shortterm rental Total transport costs 12,641 8,216 5,378 459 12,641 8,216 5,378 459 4,018 3,306 3,288 70 15 15 26,709 26,709 10,8B2 Other operations & overheads Food forfood parcels PropÈty project Iwestwayl Rent 44,283 9.655 7,920 3,570 3.210 2,152 1,698 1,660 1.383 I,oio 900 3,561 5.0(X) 47,844 14.655 7,920 3,570 3.210 2,152 1,698 1,660 1.383 I,oio 900 24,567 21,334 6,025 1,334 Warehouse equipment & resources Cleaning costs Office equipment & consumables Bank & flnance charg88 Catering Telephone Printing & PLJbliclty Training Iconference costs Charity Insurance Postages other charitable actlvilies costs Flowèrs & Cards Membership subscriptions Waste collection services Heal & Light Health & Safetyl First Aid Water Raies SalegLJarding I PVG Gas / Electricity lor clients Totsl other operations & overheads 958 1,582 1,025 25 1,130 670 670 914 575 575 488 215 200 415 4,352 58 390 390 279 279 231 231 221 221 179 179 249 107 107 35 35 94 5,000 69,279 80,343 8,781 89,104 Tolal Charitable Activities 204,852 61,945 266,797 202,991 Page 14 ntrcw3hrc foodbank
Renfrewshire Foodbank SC044200 10. Restricled funds Restricted funds may only be used for specific purposes. The charlty holds a number of restricted funds as outlined below: 31 Dec 23 Incomlng Outgolng Transfers 31 Dec 24 Carers Support Client Food Fund RC Fuel Insecurity Project TT Financial Inclusion (Year 2) TT Financial Inclusion (Year 3) TT Financial Inclusion (Years 4-51 TT WinlerFund Warehouse refurblshment Tolal Restricted Funds 2,500 2,658 4,275 21,784 31,400 1200} {3,561) 2,300 903 4,275 (2 1,7841 (31,4001 45,277 45,277 1,365 1,365 5,000 5,000 Nature and purpose of restrlcted funds The Carers Support Fund containsa donation received specificallyto helpcarersofthe foodbank's service users. The Cllent Food Fund represents donatlons recelvedfrom Indivldualsand organlsatlons where the intention of the donor is that the funds should be used to purchase food forthe food parcels which are then distributed to those In need. The RC Fuel Insecurty Project fund reflects the funding received to provide energy vouchers for clients who need support with their gas and electricity bills. TheTrussell Trust Flnanclal Incluslon fund is to supporttheongoing employmentcosts for an income adviser to support clients in addressing the root cause oftheir requirement to utilise the foodbank. The Trussell Trust Winter Fund contains a granl received to fund addilional resources to asslst se[ce users durlng the wlnter. The grant was used to provlde SOUPhNarm packs for clients. The Warehouse refurbishment fund reflects income relaling to the fitting and refurblshment ofthe new warehouse at Block E, Westway, Renfrew. Page 15 ntrcw3hrc foodbank
Renfrewshire Foodbank SC044200 11. Unrestricted funds Unrestrictedfundsarethosethatmaybe used atthe discretion ofthe trustees in furtherance of Ihe objects of the charity. 31 Dec 23 Incoming Outgoing Transfers 31 Dec 24 SalaryReserve Fund Client Transport Fund Development Fund Fresh Food Van Fund General Fund Total Unrestricted Funds 96,289 8,413 loo,000 11,617 20,000 188,561 175,492 424 880 175 492 190,8021 12,7321 95,000 100,487 5,681 100,000 18,140 20,000 149,290 393 598 118,477) 25,000 194,763) (120,000} 206 774 Nature and purpose of unrestricted funds The trustees set aslde funds In the Deslgnated Salary Resenie Fund whlch are to be used to fund the Project Manager post once the restricted fundingforthis purpose ends, as well as other salary costs for the staff team. This fund could also encompass any redundancy or other payments required in the future in orderto ensure that the charity can fulfil its legal obligations. The Cllent Transport Fund Is to provide transport for servlce users through the supply of bustickets home afterattendance atthe foodbank. The Development Fund was established in 2017 to provide for the future costs of the planned activities outlined in Ihe trustees, annual report which may include the rental or purchase of property In ihefuture. The Fresh Food fund reflects funds sel aside by the trustees to pay for fresh food for clients as an addf(ion to the standard food-parcels provided, as a result of the success of the restricted funds received for this purpose. A designated Van Fund exists in order to set aside the amount of funds which would reasonably be requlred to fund the lease for a new van whlch is considered a vital plece of equipment allowing us to carry out our charitable activities, once our current lease comesto an end. Thisfund also providessome provisionforthevan insurance which has recentlyseen some steep cost increases. The General Fund encompasses all otherincome and expenditureforthe charitywhich does not relate to restricted or designated funds. Page 16 ntrcw3hrc foodbank