LAUNCESTON FOODBANK LTD
Collection of supplies of non-perishable food and provision of emergency supplies thereof to needy people in the Launceston area of Cornwall on production of a duly authorised voucher issued by an approved person/agency.
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds decreased during the year by £6,000, resulting in total unrestricted reserves of £50,977. The trustees' report notes that increasing costs have impacted the financial position, though efforts were made to reduce costs and increase income. The charity's reserves policy is to maintain between three and six months of expenditure, and the current unrestricted reserves appear to be below this target given the total annual expenditure of £143,649.
What the accounts disclose
“The level of reserves decreased during the financial year by £6000.”
Year-over-year changes
- Reserves position vs the charity's own policy moved from "above" (FY2024) to "below" (FY2025).
Trustees
- CHARLES DAVID REYNOLDS
- Claire Boundy
- Eleanor Jane Lewis
- Francis George Arscott
- Peggy Lane
- Sharon Baxter
- Tian Bersey
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/10/2025 | £135k | £144k |
| 31/10/2024 | £137k | £141k |
| 31/10/2023 | £126k | £129k |
| 31/10/2022 | £118k | £105k |
| 31/10/2021 | £97k | £97k |
Common questions
Is LAUNCESTON FOODBANK LTD financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds decreased during the year by £6,000, resulting in total unrestricted reserves of £50,977. The trustees' report notes that increasing costs have impacted the financial position, though efforts were made to reduce costs and increase income. The charity's reserves policy is to maintain between three and six months of expenditure, and the current unrestricted reserves appear to be below this target given the total annual expenditure of £143,649. Its FY2025 accounts were independently examined.