for the Period Ended 31 July 2023
Directors report | |
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 July 2023
Principal activities of the company
Additional information
We are committed to addressing food waste and treating everyone with compassion, dignity and respect while appreciating diverse cultures and values. We use food surplus as our main source of ingredients. The Kindness Menu and the Freezer of Love in our cafe means anyone can eat free of charge without judgement.Our workshops provide homeless, vulnerably housed people and families with vital skills to improve their health and wellbeing, whilst being a pathway to volunteering and work-based placements.At the beginning of the pandemic in 2020 we started the Ox4 Food Crew. The OX4 Partnership is now an alliance of 9 local grassroots organisations working towards a shared mission that everyone in OX4 has enough food, is well nourished and can thrive. By working with like-minded partners we can tackle food inequality in Oxford more effectively. We are well placed in our community to respond to local need quickly and effectively. We have provided thousands of free meals and food parcels, with the support of organisations such as Samworth Foundation, Oxford Food Hub, National Lottery, Oxfordshire Community Foundation and Oxford City Council as well as individual donors.Waste2Taste originally registered as a company 5 July 2017 and registered as a CIC on 21 May 2021.
Directors
The directors shown below have held office during the whole of the period from
1 August 2022 to 31 July 2023
The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006
This report was approved by the board of directors on
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
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| £ | £ |
Turnover: | | |
Cost of sales: | ( | ( |
Gross profit(or loss): | | |
Distribution costs: | ( | ( |
Administrative expenses: | ( | ( |
Operating profit(or loss): | | |
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Tax: | ( | ( |
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As at
Notes | 2023 | 2022 | |
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| £ | £ | |
Fixed assets | |||
Tangible assets: | 3 | | |
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Debtors: | 4 | | |
Cash at bank and in hand: | | | |
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Creditors: amounts falling due within one year: | 5 | ( | ( |
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Accruals and deferred income: | ( | ( | |
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The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 July 2023
Basis of measurement and preparation
Tangible fixed assets depreciation policy
Other accounting policies
for the Period Ended 31 July 2023
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Average number of employees during the period | | |
for the Period Ended 31 July 2023
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for the Period Ended 31 July 2023
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for the Period Ended 31 July 2023
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Trade creditors | | |
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Waste2Taste registered as a CIC on 21 May 2021. The company’s activities provide benefit to the local community, including homeless, vulnerably housed, and any other people experiencing food inequality. This includes people local to OX4, but also the wider Oxford community. Through our Community Cafe we have created a hub of support where people feel a sense of ownership and investment in their local area.We work in OX4 specifically to tackle both the immediate needs of critical food poverty in our area, as well as the more systemic food injustices. We believe that local organisations working collaboratively is the most informed, efficient and thorough way to address both of these aims. Our focus is on healthy, affordable and accessible food.Since April 2020 Waste2Taste as part of the OX4 Partnership have cooked and delivered over 30,000 free meals. Referrals for these come primarily from the local authority. In the 22-23 financial year we delivered 6 ten-week workshops to families and others suffering from food inequality in order to build confidence with food, nutrition and cooking in a professional setting. Since January 2022, we have also delivered monthly community meals, open to all as an opportunity to build community connections. We have a Kindness Menu and a Freezer of Love where users may ‘pay as you feel’ for healthy food cooked in-house. We offer volunteer placements, some of these are for those suffering from isolation, poor mental health and joblessness, and offer a pathway to employment opportunities. More details on OX4 Partnership’s impact are available on their website: https://www.ox4foodcrew.co.uk/our-impactIn May 2023, we moved premises to Shotover View. Shotover view is an Extra Care Housing premises in Oxford with a recently built catering kitchen and restaurant space. Waste2Taste offers low-cost meals to residents, in addition to welcoming the public. We also deliver specialized community meals to the residents as well, bringing them together to reduce isolation.
Waste2Taste stakeholders comprise general users of our Community Cafe and catering service, attendees of our Health & Wellbeing Workshops, users of our volunteer and training programme and/or users who benefit from free or low-cost food within the cafe setting.We have had consultations with Shotover residents to find out how we can support them to be less isolated within their community. This included two meals with over 25 residents each in a complex with 54 units. Some of the residents were unable to attend as they have severe mobility issues so we are looking at ways to reach them. We support around 15 volunteers, and employ a Volunteer Coordinator to support them who aims for ongoing consultation with the volunteers. Volunteers are our lifeline for delivering the free meals as we no longer have funding for free meals, and they report back that volunteering with Waste2Taste brings significant personal benefits.
The aggregate amount of emoluments paid to or receivable by directors in respect of qualifying services was £55,960.30. There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
20 October 2023
And signed on behalf of the board by:
Name: Marissa Vanderzee
Status: Director