WASTE2TASTE C.I.C.

Company Registration Number:
10852106 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2024

Period of accounts

Start date: 1 August 2023

End date: 31 July 2024

WASTE2TASTE C.I.C.

Contents of the Financial Statements

for the Period Ended 31 July 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

WASTE2TASTE C.I.C.

Directors' report period ended 31 July 2024

The directors present their report with the financial statements of the company for the period ended 31 July 2024

Principal activities of the company

Waste2Taste provides affordable and ethical food serving local people through a community cafe and catering service. The company’s activities provide benefit to the community, including homeless, vulnerably housed, and any other people experiencing food inequality in Oxford.

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. Please see our CIC Report on page 7 for more information on our activities & impact. 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 2023 to 31 July 2024

Sandra Cristina Da Encarnacao Ruge
Marie Lehri
Marissa Vanderzee


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
7 November 2024

And signed on behalf of the board by:
Name: Marissa Vanderzee
Status: Director

WASTE2TASTE C.I.C.

Profit And Loss Account

for the Period Ended 31 July 2024

2024 2023


£

£
Turnover: 173,878 167,152
Cost of sales: ( 75,580 ) ( 71,209 )
Gross profit(or loss): 98,298 95,943
Distribution costs: ( 6,054 ) ( 2,709 )
Administrative expenses: ( 80,315 ) ( 73,160 )
Operating profit(or loss): 11,929 20,074
Interest receivable and similar income: 170 0
Profit(or loss) before tax: 12,099 20,074
Tax: ( 2,294 ) ( 4,111 )
Profit(or loss) for the financial year: 9,805 15,963

WASTE2TASTE C.I.C.

Balance sheet

As at 31 July 2024

Notes 2024 2023


£

£
Current assets
Debtors: 3 8,449 12,658
Cash at bank and in hand: 51,924 34,122
Total current assets: 60,373 46,780
Creditors: amounts falling due within one year: 4 ( 22,585 ) ( 17,902 )
Net current assets (liabilities): 37,788 28,878
Total assets less current liabilities: 37,788 28,878
Total net assets (liabilities): 37,788 28,878
Capital and reserves
Called up share capital: 40 40
Profit and loss account: 37,748 28,838
Total Shareholders' funds: 37,788 28,878

The notes form part of these financial statements

WASTE2TASTE C.I.C.

Balance sheet statements

For the year ending 31 July 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 7 November 2024
and signed on behalf of the board by:

Name: Marissa Vanderzee
Status: Director

The notes form part of these financial statements

WASTE2TASTE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses.

WASTE2TASTE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 4 4

WASTE2TASTE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 July 2024

3. Debtors

2024 2023
£ £
Trade debtors 8,449 12,658
Total 8,449 12,658

WASTE2TASTE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 1,923 1,446
Taxation and social security 10,915 10,703
Accruals and deferred income 9,747 5,753
Total 22,585 17,902

COMMUNITY INTEREST ANNUAL REPORT

WASTE2TASTE C.I.C.

Company Number: 10852106 (England and Wales)

Year Ending: 31 July 2024

Company activities and impact

Our full impact report is available on our website: https://www.waste2taste.co.uk/about Waste2Taste’s activities provide benefit to the local community, including homeless, elderly, vulnerably housed, and any other people experiencing food inequality. This includes people local to OX4, but also the wider Oxford community. Through the 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 2020 Waste2Taste as part of the OX4 Partnership have cooked and delivered over 35,000 free meals. Referrals for these come primarily from the local authority. In the 23-24 financial year we delivered 3 ten-week workshops to 30 community members in order to build confidence with food, nutrition and cooking in a professional setting. Referrals come from partner agencies and self-referrals. Since January 2023, 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 delivered 530 meals from the Freezer of Love and 447 via the Kindness menu. 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. Waste2Taste has saved 7 tonnes of surplus ingredients from going in landfill in the 23-24 financial year. Velocity Couriers provided our low carbon deliveries, these saved 37.76Kg of Co2e per month for an average of 136miles vs car delivery. In 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 (763 in yr), in addition to welcoming the public. We also deliver specialized community meals to the residents as well, bringing them together to reduce isolation. We offer chair exercise classes to the local community, open to everyone.

Consultation with stakeholders

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, the Oxford Community, residents of Shotover View, 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 25 volunteers, and are in 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. In partnership with Healthwatch, Oxford Community Action and Oxford Mutual Aid, Waste2Taste participated in research about food poverty in Oxford, collecting questionnaires from recipients of free meals. The research can be seen on oxfordcommunityaction.org/research

Directors' remuneration

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.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
7 November 2024

And signed on behalf of the board by:
Name: Marissa Vanderzee
Status: Director