REGISTERED CONIPANY NVMBER: SCD45073 (Scotlsndl REGISTERED CHARITY NUMBER: SC045073 Repori of (ht Trwstees and FlnAnclAI Statements for the Year Ettded 31 December 2024 CLYDESDALE FOOD BANK G O Thomson & Co Chartered Accounian 13 Hope S¢reei Lanark Lanaik5hirc MLIIThL CLYD&SDALE FOOD BANK Contents of Ihe FID#Del*l St#ttmeDts for the YtAr Ended 31 December 2024 Page ChAlrm*D'I Report Report of the Trustees Indepe￿detyt Ei*mlntr's Report Staternent of Fin*Deig1 Activili Balance Sheel N•teJ to th¢ Flnan¢l*l S(al¢m¢￿ts 7 to 11 Det¥Jlkd Statement of A¢tlvldes l? to 13 CLYDESDALE FOOD BANK Chairnian's Report for the Year Ended 31 Detetnber 2024 We dealt with 2665 referrals which fed roial of 544! people. These comprised 1866 meD, 1832 women and 1742 Childre￿ This was a small drop on the figures for ?0?3 (275? referrd15. 5541 fed) The small d¢cr¢a8¢ in d¢mand is ¢ncouraging but it is siill high. It noti¢eabl¢ that th¢r¢ w¢r¢ rnor¢ famili¢$ n¢¢ding support wheieas ill our t￿lY yeats we rcccived ￿t￿511Y iefetrdls foi 5￿gI¢ tnell. During the winter months, ev¢ry child up to a8¢ 16 was ￿V¢n a ¢ov¢r¢d hot water bottle and in December every food pack included a bag of Christmas g(h)diey•. We apply lo Scottish Power Hardship Fund and ihe Fucl Bank for gran(5 for ¢licnts on pr¢-paynent m¢iers. As a Paypoint ageni we can provide vouchers io those in fijcl crisis ￿'ithO￿ recourse io other assistsnce. because they have used thcir allocation of grdnts to lh¢ al)ov¢ funds or b¢Cau￿ thcy pay for th¢ir f￿1 monihly. The Merccdes Sprinter Yan suffered a major breakdown. needing a r¢placemeni ¢ogine. In February ?024 the srnall Nissan van wa5 replaced by 8]arger Vauxhall Vivdro. W¢ are grateful for a nufflber of genero￿% grants rec¢iv¢d ovcr year which has ifflproved our financial r¢5¢ry¢5. Th¢ lon8 ¢herished plan to have a purpose buili FiX)d Bank. replacm8 the iemporary cabins, appeared to be well on track in the spring of •O?4. However. Carluke Development Tnjst. wl)o had agreed to find the ￿ndIng for most of the cost, cncountered difficulties with furtding. As a re5uIL we hav¢ not been y¢t been abl¢ to build. To ease pressure on spa¢e and io provide a mote comfortable w'orking environment for the volunteer5. we have bought two and l¢a$ed two additional tnodules which are on siie nex¢ ¢0 our ori8inal cabins. I4'e are ai ihe early stsge$ of nego¢iaiing a land leAse thai. If granred. would allow us 10 apply for ￿t)ding io meei ihe full cosi of ihe new building. Page I CLYDESDALE FOOD BkYK Reporl of the Trn$tees for the Yelir Ended JI Dectnth¢r 2024 The tnthes *'ho are also dir￿lorS of Ihe charity for purw5es of the Comwanies kn 2006. present their repon with the fitw)cMI Slaiements of the charity for the year ¢Dded 31 De¢ember 2024. The trustees have tdopied the provisions of Accounting and Reportin8 by Chanties." Stsiemeni of Recornmended Prnciice applicable to chan.iies preparing their account.% in aCcord￿ce wilh the Financhil Reporting Standard applicable in th¢ LIK and K¢publi£ of Ir¢land IFRS 10? Itllective l January 2O1YI. OBJECTIVES AND ACTIvrriES Objtctlves And *im% Cb4rlt4ble Purpose The reliel. ot poycrry. Thc relief of th05C tn n(td by renson of age, Ill-healtt4 disabil￿. financ￿1 hardsknp or other disadvantage. Tts provid¢ ¢mcrgency loijd. houychold clconin8 and pcr50rkil hjgiene m&ieri&l& without Judgement, io thosL living in the Clydtrtsdalc 8fL'a, who for wh&tcNer reason find thonLselvcs unable ID adcquatel) fccd Ih2rn5elvcs or their f&milicg. In all cascs thi& 15 ill rc¥punse to & referral from a nomin￿ed a8cncy ond deliyered to Ihc home of ihe client. FIYAIYCIAL REVIEW R¢*rvN ￿l1¢Y ThL. Lhdrity aliT￿ 10 hL)Id Six moniFL4 of rut￿lAS costs as reserves. Based on ?0?4 exkynditure that Is around £76,iKIO. Al th¥ start of thL' yL-ar thL' r¥wrv¢b W¥re al É65,fflD and fell pro8te<%ively f()r rhe first ¥ mtsntlLg tsf the year. However we wer¢ forrunat¢ io N. ablL fly￿1￿￿ vL'ry gentr0￿) grants wthi¢h improvwj our PQSiTion. We ¢OTLlinue to mvnitur this ¢xplorc )ul￿￿1￿ fundin¥ upuony. STRUCTURE, GONTILYANCE LYD MLNAGEMENT Cjovernlng d￿ument Tho charity ig Controlled by lis governift8 document. a deed of trust. and constiruies a lirrtited company. limited by 8uaranre¢, a8 detined by the Compttnies Att 2W6. ReLruilmeni *ppolntment of new trustees Ai each AGM. IhL' riiLtnbcis JDay Lle¥i any rnember in be a chariry t￿Stee. The board ma> ai any lime appoini any mL'mlx'T tu ￿. a charity Iru%lec. Ai cach ACJ%l. all of ihe eharity trusiees mus¢ retire frum (>ificL atKI siRnd for r¢-el¢c¢ion. ThLy will be deemed io be re I r¢pon tLTr the chariry trustees on my examinatson of th¢ accounts of the Compan). for the year ended 31 Decemb¢r 2024. ReSp￿SIbIlItIeS And basls of report A% the Lhariry'% In]slees ofihe Company (and also ils dir¢¢(org for the purposes of conyany law) you are respurysiblv for th¢ pr¢pMratiun of the acLOLllLts in aLcordattce %%ith the requiremenTs ofthe Conwani¢s Aei 2006 (Ibe 2(Y)6 Aet,). Havitig sa(￿rI￿j myself that the accounts of th¢ Cotnpanv ar¢ wt r¢quir¢d io be audited under Part 16 of the 2006 Ak"t and eligible for independen¢ ex#mina¢iom. I report in resp￿1 of mw ex3rDu&tion of yow clw]"ty's aLcounts ￿ cattied out under Seth'on 145 of th¢ ChaTi(Les 2011 I'the ?01 l ACV). ID canymg olli my exa￿n￿￿ort I hav¢ followtd th¢ Directions gii'eD by the Charity cornm￿$10￿ WHler S¢uion 14515) Ibl of the ?01 I ACL Independent examI￿tr,5 5tatemeAI ha%'L cvrnplLILd cxamination I confjrm Ihat no mat*T5 I￿ve Con￿ lo my ¥iteniion in ¢onne¢iion with the examination giving m¢ Lause to belieY¢'. J¢¢uunlinbr record¥ wer¢ rhol kepl in rcsp¢LI of ¢lL¢ Conwats￿ as rcqutred by Stciion 386 of the 2006 A¥t: or thc xcounls noi a¢cf)rd with ih(W T¢¢Ctrd$' thc account5 do not cornply w'ith th¢ ￿￿o￿￿tIng rcquir¢m¢nts of Scaion 396 of the 2006 Act other than any requirement ihai the accounts give a and fair s'lew Hhich is Iiot a matterconsidered &$ part of an indepertdertt ¢xaminaiion: or thi acLounts. hav¢ noi b¢¢n PT¢pat¢d in a¢¢ordan¢e w'ith th¢ methods and principles of the Stalemcnt of RLL(Trmm¢nded PraLiiLe IOT accotmiinv and repKbning by ¢hariucs lappli12hle io chariiies pfLpaTirig the¥r J¢couii¢5 in aL¢urddALL with IhL FinanLial Rwrtin,, SiaDdard appliLable in ￿le LK ltnd RcpubliL uf Ir¢ldnd (FRS 107)). I hnvc iio LOiiCLlliS aud have LLimc aCiL)ss nLI L)thcr nwiiers iii ¢oiuieitiorJ *'iih the cxatninjtion io whiLh atienlivii shvuld be drdwn in this r¢p()rt In OTd¢r i(J ¢nablc a pry)pcr undcistsnding ol Ihc alL()Un￿ lTrc rLaLhcd. The I￿5￿￿1te of Chartered Accounrants ot'scotland CJ O Thomson W£ Co Chanered Acc(Truntants 13 Hope 8ire¢t Lanark Lanarkshire MLII 7NL 9 Jun¢ 2025 Pa8¢ 4 CLYDLSDALE FOOD BANK ror the Yur Ended 31 Decernber 21124 2024 ?023 Totsl funds Unrestric*d Res¢ricted fijnd Notes INCOME ￿ND ENDOWMENfs FROM Donation$ and legacies 125.859 125.859 105.823 ChArlt*blc 8rtlbrftks C7rant received F(xMI bank BIaLkWo￿ Estsie Mctknalds Four¥Jaft(XL Coalburn. t)ougl85. Glrspin Community Fund AuLlwobert Wind Fami Community Fund 27.504 16.436 16,436 IOJ87 2,500 16.1MM) 10,387 2.5 16.IXM) 14A13 14.803 Gler&erie Mlind Fam? Commua:;). Fand 5,000 Totsl 150293 48.690 198.985 133.327 EXPEWDITURE O Cb#rlt¥ble actlvldes Food bank 125.9¥5 29.187 155.172 183.735 O¢her 6.368 6.366 Tot*1 132J53 29.187 161,540 183.735 NET INCOMFJffXPENDITURE) 17.942 19.503 37.445 150,4081 RECONCILIATION OF FUNDS Toral fijr.ds brwusht fop.i-ad 78.979 io.( 88.979 TOTAL FUNDS CARRtED FORWARD 96.921 29.503 126.424 81.979 CLYDTrsD￿ BANK l.'nffstrictd Rrstiided fwml fwxl Tothl ryRd5 FIXED A&SETJ T8n¥il)k &tsets 38512 38.￿2 13.469 CLIRRENT ASSETS C45b at bauk 29i 75ulO NET CURREWT ￿SE15 75.510 UABiUllES 29J 126A24 F17NDS Restn¢tt4d fund5 lo.￿) InT AL FLINL I￿a?J 1¥¢.979 The chftn'tsble compaD> is e&lided rt(m S￿10￿ 4n rf the C•thb AH 2LYA for the *Adel 31 Lkn*mbtr 2024. The m¢m￿rg his¢ required the eon¥wy ￿ ot•Ao an I￿jE1 of its 3 1 Lk¢enhbtr 21)24￿ with Secr*)0 476dth CtyT4*ies Acl >XY The tr1g1tt$ acknil¢d8t ihesr wibiliiies f( (a) ell$urillg t1￿1 the ch8nrAbk cry) keqLS recafflls cyryl) •xl 317 of th¢ CoTyie>.Id 21Mkn. ￿1 prepan'ng fillaDeial stsiert*ths A.hicb gire • 0Th1 f*t i'ielk" rf tt* •* al the end ot e*h fi￿￿￿ lear ano rf its tri-Kii t&cb firtW•i YM iu +hE TC9uiremts o( Se£ljc41s 394 athl 394 Thlbj(* with the Ttqwem&&*ih¢ Act 2(fX? Telhrin8 trp firwicial ￿alen￿l% fAras apF4ifablt b) the ch•n'tsble Wm￿1). Ib These fin*Mal Sth*nThts h￿"t IxeD rd the Fw'iSKW app1￿c ts) conpnieb sybiNX to th¢ SM￿1 com￿1]es ￿SIMe. The finAR(ial 5th1trnnls WT¥t aFgroY¢d b). the Bwd of avUK*nsed for i$sw ￿ 9 June %ryE sil￿4 ¢Xb ils ￿rts>-. CLVDESDALE FOOD BANK Notes tfr the FinaAci41 St•tements ror the Yt&r Ended 31 De¢tuther 2024 ACCOUiYTING POLICIES Bi$15 of preparing tbe flaan¢l¥l 5t*tem¢llts The financial statements of the Charitable company. which is a public benefil eniity uNJeT FRS 102, have been prepared in accord2nce WiEh the Charitie5 SOiiP IFRS 10?) 'Accounting and Reporting by Chariiies". Statement of Re¢ommended Praciice applicable 10 charities preparing ihtir accounts in accordance with the Financial Reporting Standard applicable tn ihe U'K and Republic of Ire12nd IFRS 102) leffective l January 20191.. Financial R¢portin8 Siandard 102 'Tbe FinaD¢ial RePon￿8 Sulldaid applicable in the UK 2nd Republic of Ireland, and rhe Companies Act 2(106. The finan¢ial statemtthts have been prepared under tbe historical cosi convention. Income All income is rceognÈsed in Ihe Stsiemenr of Financial Aciiviries once Ihe charity has entitlernent ro the fvnd$. it is probable that Ihe income will be received and the amtsnt can be measured reliably. Expendlture Liabilities are recognised &% expendiiure as soon as there is a legal or Consin￿lIVe oblig81ion conunilting thc charity 10 thai exp¢ndiNrc. il is prob8blc ihot a transfer of ¢¢onomic benefils will be required in settlement and th¢ amount of the obligation ¢an b¢ measured reliably. Expcnditure is aCcoUn￿d for on an accruals basis and has been classified under headin8s that aggregaie all cost r¢lat¢d ro lh¢ ¢ar¢gory. Wh¢rc costs cannot be directly aitribuied ro panicular headings th¢y have been allocatrd ￿ actlvilies on a basis cotL8isient with Ihe use of r¢sources. Grants off¢r¢d subject to conditions which have noi been mel at the year end dai¢ w¢ not¢d a5 a ¢ommilm¢ni bul not a¢cw¢d &% expendinve. Tanglble flxed *s$eis Dcprcciation is provided at Ihe followin8 annual rates in order io WTiie off eaeh #sset over its csiima¢¢d usefvl life. Ta%*tlon The charity is eKempt from COTporaiion w on ils charitsble a¢liviti¢5. Fund *ccountlDg Unrestri¢ied funds can be used in accordance with the charitsble objectives ar the discrction of the trusic¢s. Restricted funds can only be used for particular restricted purposes within the obje¢t5 of ihe rharity. Resirictions arisc whcn spccificd by the donor or when (unds are raised for particular resrricted purposes. Fwther explanation of th¢ natur¢ and of ¢a¢h is included in the notes to the flnancial statements. LYET INCOMEI(EXPENDrruRE} Net incomell¢xpenditurel is stated after char8ingll¢redi¢ing)". 2024 2023 Depre¢iatAoll- owned ￿se[S Surplus on disposal Off￿¢d awts 6.368 18.0001 Page 7 CLYDESDALE FOOD BAYK Noies to the Flnan¢l•l Sta¢ements- con¢lTr•Jed fDr the Year Eaded 31 Dectmber 2024 TRUSTEES, RE￿luNERATIoN AND BENEFITS Ther¢ w¢r¢ no InLSte£s' rcfflunetation or other benefits for the year ended J l December 2024 nor for the year ended 31 December 2023. Trustees, expenses Travel expenses anM)untKELg 10 £317 were reimbursed ￿ Ben Waine a misree of the Charity. COMPARATtVES FOR THE STATELIIEL¥T OF FINAL¥CIAL ACtivrriES Unrestricted hjnd Resiri¢ted fimd Total fijnds INCOME AND ENDOWME￿TS FROM Donation5 aud l¢ga¢ies 105,823 105.823 CbArltAble ictlvltiei Grnnt r¢c¢iv¢d 20.000 7,504 27,504 Total 125.823 7,504 133,327 EXPETrqDITURE OL¥ Charlt¥ble 4tdvltles Food bank 169.630 14.105 1113.735 NET INCOMLI(EXPENDITUREI Transfers be¢Treen fundj 14.1.8071 I i 0,1￿0) {6.601) 10.000 150,408) Net mowemenf In funds (S3.8071 3.399 150.408 RECONCILIATION OF FUliDS Totsl fiwds brought fotward 13? 786 6.601 139,387 TOTAL WUNDS CARRIED FORWARD 78,979 10,000 88.979 TANGIBLE FLXED ASSETS tmprov¢meDIS io proputy Plant and machin¢ry Moior vcbiclcs Totals COST At I january 2024 Additions Disposals 6.275 7.194 12.000 13.469 36.371 14.5301 74.371 14.530) At 31 D¢¢¢mb¢r 2024 19.841 6,275 19.194 45.310 DEPRECIATION Charge for year 1,569 4.799 6,368 NET BOOKVALUE At 3 1 D¢c¢mb¢r 2024 19.841 4.706 14.395 38,942 At 31 December 2023 6.275 7,194 13.469 Page 8 CLI DESDALE FOOD 8.4NK moNernc4i1 At Unrestricted funds General luiid 78,979 17,94? 96.921 Restrieied lunds Restricted fwids io.{M)o 19,503 29.503 TOTAL FUNDS 88.979 37.445 126,424 Net movtmertl in furtds. included in Ihe al)ove are as follows.. Incoming resources Resou￿e$ expended Movement in funds Unrestrlcted funds G¢n¢Tal fund 1 50.295 (132.3531 17,942 Restricted fuDdJ Re51ricied funds 48.690 (29.1871 19,503 TOTAI. FUNDS 198.985 1161.5401 37.445 Compxratlves for movemenl ID lunds Tran$f¢rs b¢twe¢n funds movemeni Ln Ar 31.12.23 Ai 1.1.23 Unrestrlcted funds Getseral fund 132,786 143,807) {10.0001 78,979 ReJtrlct¢d funds Restricted funds 6.601 (6.601) 10.000 10,000 TOTAL FUNDS 139.387 150.408} 88,979 Page 9 CLYDLSDALE FOOD BANK Ntrtes to the FiDaDcial Statement$- eODtinued for th¢ YvAr EDded 31 Ikcember 2024 MOVEi¥IENT IN FUNDS- Continued CompardtiY¢ net movem¢nt in fullds, i￿lUd￿ ￿ thc aiM)ve are as follows.. Incomi118 rcsources Resources expended Mov¢rn¢nt in fvnds U￿r￿trItItd funds Gener￿ 125.823 (169.6301 143.8071 Restricted fund5 Restricted fur￿5 7.504 114.105) (6.6011 TOTAL FUNDS 133,327 1183.7351 (50,4081 A ¢ufr¢nt y¢ar 12 mnihs and prior Ye￿ 12 months cornbind position is as follows.. Nei movcmenl in fut)ds Transler5 between nds Al 31.12.24 Ai 1.1.23 Unrestrl¢ted funds Geiieral fund 132.786 (25.8651 {10.0001 96,921 Restrlcted fuDds Restricied funds 6.601 12.W2 0.000 29.503 TOTAL FUNDS 139.387 112.963} 126.424 A current year 12 months and prior year 12 monihs combined nei movemerti in fund5. in¢lud¢d irt the above are as follows.. Incorning resow¢es Resource5 expended Movemeni In fimds Unresfrlcted funds General fund 276.I18 (301.9831 (25,8651 Restrlcted funds Resiri¢ted funds S6.194 143,2921 19,902 TOTAL FUNDS 332.312 (345.2751 {1• 9631 Page 10 CLYDESDALE FOOD BA]YK Notes ¢0 the Finallciail Stgtemeots- coDtiDued for the Year End￿ 31 December 2024 RELA TED PARTY DISCLOSURES There were no r¢lat¢d party transactions for the year ended 31 Deeewnber 2024. Pagell CLYDESDALE FOOD BANK Det4lled staten￿nI of Financlal Actlvltl for the Year Ended JI DeceJllb¢r 1024 2024 2023 INCOME AND ENDOWMEYTS Don*tlon$ leg*el¢$ t)onaiions Gift aid 19,880 5,979 101.298 4.525 125.859 105,823 Charltable 4¢dvltleg Grants 65.126 27,504 Other IneoD Gain on sal¢ of tangible fixed assets Toial incoming resource5 198,985 133,327 F.XPF.NDITURE Charltible Actlvltl¢$ Energy suppon Food and oihcr suppli 10,491 138.053 103,508 111.791 148.545 Other Plani and machinery Moior vehicles 1.569 4,799 6.368 Support co$tJ i¥lanAgernent Rent I￿SUrance Telephone Postage and slationcry Swidries Consumables Rep4irs Ind RenewaL8 Travel & Moior expenses Professional fees Sub$¢ription% and memberships 5.983 7,757 258 350 718 3,573 585 16,245 5,879 682 3,167 4.942 316 180 4,61)6 336 9.685 3.119 1,968 42.030 30,763 FlnAntt Paypoint fees Bank chaTges 846 355 4.277 1.201 4.277 This page does Dot forni part of the statutory fLnan¢ial staternents P38e 12 CLYDESDALE FOOD BANK Dei#iitd Sl*itmen¢ of Fitt*n¢i#l Actiwities for the Year Ended 31 December 2024 2024 2023 Fln*n¢e Governance cosls Accountancy f£cs 150 150 TotLI rtsour¢¢s expended 161.540 1¥3.735 Net Inc•melleXpendi￿rt) 37.445 {50.408) This page does noi forni pan of the statytory financial sts¢ements Page 13