IRIS Accounts Productionv23.2.0.158OtherCompany accountsTruefalsePounds1.4.2231.3.2331.3.23FYFRS 102Independent examinerLarge and medium-sized companies regime for accountsFullCharities SORPtruetruetruetruefalsetruefalsetrue iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh083037642022-03-31083037642023-03-31083037642022-04-012023-03-31083037642021-03-31083037642021-04-012022-03-31083037642022-03-3108303764ns11:Originalns0:CharitableCompanyLimitedByGuarantee2022-04-012023-03-3108303764ns11:Original2022-04-012023-03-3108303764ns15:PoundSterlingns11:Original2022-04-012023-03-3108303764ns11:Original2022-03-3108303764ns11:Original2023-03-3108303764ns11:Originalns11:FRS1022022-04-012023-03-3108303764ns11:IndependentExaminationCharityns11:Original2022-04-012023-03-3108303764ns11:Originalns11:LargeMedium-sizedCompaniesRegimeForAccounts2022-04-012023-03-3108303764ns11:Originalns11:FullAccounts2022-04-012023-03-3108303764ns11:Originalns11:CharitiesSORP2022-04-012023-03-3108303764ns11:Originalns16:EnglandWales2022-04-012023-03-3108303764ns11:Originalns11:RegisteredOffice2022-04-012023-03-3108303764ns11:Originalns0:Trustee22022-04-012023-03-3108303764ns11:Originalns0:Trustee32022-04-012023-03-3108303764ns11:Originalns0:Trustee42022-04-012023-03-3108303764ns11:Originalns0:Trustee52022-04-012023-03-3108303764ns11:Originalns0:Trustee62022-04-012023-03-3108303764ns0:Trustee7ns11:Original2022-04-012023-03-3108303764ns0:Trustee8ns11:Original2022-04-012023-03-3108303764ns11:Originalns0:Trustee92022-04-012023-03-3108303764ns11:Originalns0:Trustee12022-04-012023-03-3108303764ns11:Originalns0:Trustee102022-04-012023-03-3108303764ns0:Trustee11ns11:Original2022-04-012023-03-3108303764ns11:Originalns0:Trustee122022-04-012023-03-3108303764ns11:Originalns0:Trustee132022-04-012023-03-3108303764ns11:Originalns0:Trustee142022-04-012023-03-3108303764ns0:Trustee15ns11:Original2022-04-012023-03-3108303764ns11:Originalns0:TotalUnrestrictedFunds2022-04-012023-03-3108303764ns11:Originalns0:TotalRestrictedIncomeFunds2022-04-012023-03-3108303764ns11:Original2021-04-012022-03-3108303764ns11:Originalns11:MainIndustrySectorHeading2022-04-012023-03-3108303764ns11:Originalns0:TotalUnrestrictedFundsns11:MainIndustrySectorHeading2022-04-012023-03-3108303764ns11:Originalns11:MainIndustrySectorHeadingns0:TotalRestrictedIncomeFunds2022-04-012023-03-3108303764ns11:Originalns11:MainIndustrySectorHeading2021-04-012022-03-3108303764ns11:Originalns0:TotalUnrestrictedFunds2022-03-3108303764ns11:Originalns0:TotalRestrictedIncomeFunds2022-03-3108303764ns11:Original2021-03-3108303764ns11:Originalns0:TotalUnrestrictedFunds2023-03-3108303764ns11:Originalns0:TotalRestrictedIncomeFunds2023-03-3108303764ns11:Original2022-03-3108303764ns11:Originalns0:TotalUnrestrictedFundsns10:WithinOneYear2023-03-3108303764ns11:Originalns0:TotalRestrictedIncomeFundsns10:WithinOneYear2023-03-3108303764ns11:Originalns10:WithinOneYear2023-03-3108303764ns11:Originalns10:WithinOneYear2022-03-3108303764ns11:Original22022-04-012023-03-3108303764ns11:Original12022-04-012023-03-3108303764ns11:Original12021-04-012022-03-3108303764ns11:Originalns10:OwnedAssets2022-04-012023-03-3108303764ns11:Originalns10:OwnedAssets2021-04-012022-03-3108303764ns11:Originalns10:LandBuildingsns10:ShortLeaseholdAssets2022-04-012023-03-3108303764ns11:Originalns10:MotorVehicles2022-04-012023-03-3108303764ns11:Originalns10:LandBuildingsns10:ShortLeaseholdAssets2023-03-3108303764ns11:Originalns10:MotorVehicles2023-03-3108303764ns11:Originalns10:LandBuildingsns10:ShortLeaseholdAssets2022-03-3108303764ns11:Originalns10:MotorVehicles2022-03-31

REGISTERED COMPANY NUMBER: 08303764 (England and Wales)

REGISTERED CHARITY NUMBER: 1154716
















Report of the Trustees and

Unaudited Financial Statements for the Year Ended 31 March 2023

for


Nourish Community Food Bank Ltd



Nourish Community Food Bank Ltd








Contents of the Financial Statements

for the Year Ended 31 March 2023






Page




Report of the Trustees  

1




Independent Examiner's Report  

2




Statement of Financial Activities  

3




Balance Sheet  

4




Notes to the Financial Statements  

5


to


8



Nourish Community Food Bank Ltd (Registered number: 08303764)



Report of the Trustees

for the Year Ended 31 March 2023



The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2023. The trustees have adopted the provisions of 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).


STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.


REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

08303764 (England and Wales)


Registered Charity number

1154716


Registered office

Unit 5

Kingstanding Way

Tunbridge Wells

Kent

TN2 3UP


Trustees

P Haines (resigned 31.8.22)

Ms N G Hill (resigned 14.5.23)

Ms A E Jordan

Ms V B R Packer

Ms B Roy

Ms S L Smith

A Tofts

S P Vincent

P J Wooster

C R Leaning (resigned 26.4.22)

S W G Reader (resigned 25.5.22)

Ms L Mepham (appointed 17.8.22)

A Conroy (appointed 17.8.22)

D S Robson (appointed 15.5.23)

M Lowe (appointed 20.6.23)


Independent Examiner

Deeks Evans Audit Services Limited

Chartered Accountants

First Floor, West Barn

North Frith Farm, Ashes Lane

Hadlow

Tonbridge

Kent

TN11 9QU


Approved by order of the board of trustees on 29 September 2023 and signed on its behalf by:






P J Wooster - Trustee


Independent Examiner's Report to the Trustees of

Nourish Community Food Bank Ltd


Independent examiner's report to the trustees of Nourish Community Food Bank Ltd ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2023.


Responsibilities and basis of report

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


Having satisfied myself that the accounts of the Company 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 your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.


Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.


I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:


1.

accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

2.

the accounts do not accord with those records; or

3.

the accounts 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

4.

the accounts 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)).


I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.









Richard Young ACA


Deeks Evans Audit Services Limited

Chartered Accountants

First Floor, West Barn

North Frith Farm, Ashes Lane

Hadlow

Tonbridge

Kent

TN11 9QU


29 September 2023



Nourish Community Food Bank Ltd



Statement of Financial Activities

for the Year Ended 31 March 2023



2023


2022


Unrestricted


Restricted


Total


Total


funds


funds


funds


funds


Notes

£   

£   

£   

£   


INCOME AND ENDOWMENTS FROM

Donations and legacies

2

469,190


-


469,190


279,857



Charitable activities

Charitable activities

22,469


-


22,469


11,696



Investment income

3

2,605


-


2,605


38


Other income

315


-


315


200


Total

494,579


-


494,579


291,791



EXPENDITURE ON

Raising funds

22,123


-


22,123


20,374



Charitable activities

Charitable activities

404,498


10,455


414,953


273,096



Other

12,296


-


12,296


-


Total

438,917


10,455


449,372


293,470



NET INCOME/(EXPENDITURE)

55,662


(10,455

)

45,207


(1,679

)



RECONCILIATION OF FUNDS

Total funds brought forward

415,053


10,455


425,508


427,187



TOTAL FUNDS CARRIED FORWARD

470,715


-


470,715


425,508




Nourish Community Food Bank Ltd (Registered number: 08303764)



Balance Sheet

31 March 2023



2023


2022


Unrestricted


Restricted


Total


Total


funds


funds


funds


funds


Notes

£   

£   

£   

£   


FIXED ASSETS


Tangible assets

7

74,373


-


74,373


-



CURRENT ASSETS


Debtors

8

38,707


-


38,707


79,476


Cash at bank

367,196


-


367,196


421,782


405,903


-


405,903


501,258



CREDITORS


Amounts falling due within one year

9

(9,561

)

-


(9,561

)

(75,750

)


NET CURRENT ASSETS

396,342


-


396,342


425,508



TOTAL ASSETS LESS CURRENT LIABILITIES

470,715


-


470,715


425,508



NET ASSETS

470,715


-


470,715


425,508


FUNDS

10

Unrestricted funds

470,715


415,053


Restricted funds

-


10,455


TOTAL FUNDS

470,715


425,508



The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.


The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.


The trustees acknowledge their responsibilities for
(a)ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

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



The financial statements were approved by the Board of Trustees and authorised for issue on 29 September 2023 and were signed on its behalf by:






P J Wooster - Trustee



Nourish Community Food Bank Ltd



Notes to the Financial Statements

for the Year Ended 31 March 2023


1.

ACCOUNTING POLICIES



Basis of preparing the financial statements


The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.



Income


All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.



Expenditure


Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.



Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.




Taxation

The charity is exempt from corporation tax on its charitable activities.


Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2.

DONATIONS AND LEGACIES


2023


2022

£   

£   



Donations

357,851


242,256




Grants

111,339


37,601



469,190


279,857




3.

INVESTMENT INCOME


2023


2022

£   

£   



Deposit account interest

2,605


38






Nourish Community Food Bank Ltd



Notes to the Financial Statements - continued

for the Year Ended 31 March 2023


4.

NET INCOME/(EXPENDITURE)



Net income/(expenditure) is stated after charging/(crediting):




2023


2022

£   

£   



Depreciation - owned assets

12,296


-




5.

TRUSTEES' REMUNERATION AND BENEFITS


There were no trustees' remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022.



Trustees' expenses


There were no trustees' expenses paid for the year ended 31 March 2023 nor for the year ended 31 March 2022.


6.

STAFF COSTS



The average monthly number of employees during the year was as follows:



2023


2022


Salaries

5


5





No employees received emoluments in excess of £60,000.


7.

TANGIBLE FIXED ASSETS


Short


Motor



leasehold


vehicles


Totals

£   

£   

£   



COST


Additions

43,476


43,193


86,669




DEPRECIATION


Charge for year

8,696


3,600


12,296




NET BOOK VALUE


At 31 March 2023

34,780


39,593


74,373




At 31 March 2022

-


-


-




8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022


£   

£   



Other debtors

34,539


77,196




Accrued income

990


-




Prepayments

3,178


2,280



38,707


79,476






Nourish Community Food Bank Ltd



Notes to the Financial Statements - continued

for the Year Ended 31 March 2023


9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022


£   

£   



Social security and other taxes

2,152


1,901




Other creditors

4,136


2,171




Accruals and deferred income

3,273


71,678



9,561


75,750




10.

MOVEMENT IN FUNDS


Net




movement


At



At 1.4.22


in funds


31.3.23


£   

£   

£   



Unrestricted funds


General fund

90,053


(44,338

)

45,715




Cessation of activities

150,000


-


150,000




Funding shortfall

150,000


-


150,000




Warehouse Reserve

25,000


-


25,000




Hypothecated for Fuel Vouchers

-


100,000


100,000



415,053


55,662


470,715




Restricted funds


Sainsburys Neighbourly Grant

455


(455

)

-




Kent Community Foundation

10,000


(10,000

)

-



10,455


(10,455

)

-




TOTAL FUNDS

425,508


45,207


470,715





Net movement in funds, included in the above are as follows:



Incoming


Resources


Movement



resources


expended


in funds


£   

£   

£   



Unrestricted funds


General fund

394,579


(438,917

)

(44,338

)



Hypothecated for Fuel Vouchers

100,000


-


100,000



494,579


(438,917

)

55,662




Restricted funds


Sainsburys Neighbourly Grant

-


(455

)

(455

)



Kent Community Foundation

-


(10,000

)

(10,000

)


-


(10,455

)

(10,455

)



TOTAL FUNDS

494,579


(449,372

)

45,207






Nourish Community Food Bank Ltd



Notes to the Financial Statements - continued

for the Year Ended 31 March 2023


10.

MOVEMENT IN FUNDS - continued



Comparatives for movement in funds



Net




movement


At



At 1.4.21


in funds


31.3.22


£   

£   

£   



Unrestricted funds


General fund

89,687


115,366


205,053




Cessation of activities

127,500


(27,500

)

100,000




Funding shortfall

150,000


(40,000

)

110,000




Warehouse Reserve

10,000


(10,000

)

-



377,187


37,866


415,053




Restricted funds


Children's Salon

50,000


(50,000

)

-




Sainsburys Neighbourly Grant

-


455


455




Kent Community Foundation

-


10,000


10,000



50,000


(39,545

)

10,455




TOTAL FUNDS

427,187


(1,679

)

425,508





Comparative net movement in funds, included in the above are as follows:



Incoming


Resources


Movement



resources


expended


in funds


£   

£   

£   



Unrestricted funds


General fund

259,336


(143,970

)

115,366




Cessation of activities

-


(27,500

)

(27,500

)



Funding shortfall

-


(40,000

)

(40,000

)



Warehouse Reserve

-


(10,000

)

(10,000

)


259,336


(221,470

)

37,866




Restricted funds


Children's Salon

18,000


(68,000

)

(50,000

)



Sainsburys Neighbourly Grant

2,455


(2,000

)

455




Kent Community Foundation

10,000


-


10,000




Skinners Smythe

1,000


(1,000

)

-




Paragon Trust

1,000


(1,000

)

-



32,455


(72,000

)

(39,545

)



TOTAL FUNDS

291,791


(293,470

)

(1,679

)



11.

RELATED PARTY DISCLOSURES



There were no related party transactions for the year ended 31 March 2023.