ELY FOODBANK
Financial health, per its FY2023 accounts
The accounts state that the charity reported total income of £408,792 and total expenditure of £383,676 for the year ended 31 December 2023, resulting in a net surplus. Per the trustees' report, the charity holds healthy financial reserves of £316,548, which are well above the stated policy target of £191,838, allowing for continued operations and strategic spending.
What the accounts disclose
“No employee received employee benefits of more than £60,000 during the year (2022: Nil).” — page 15
“The charity aims to hold free reserves sufficient to cover 6 months of normal expenditure, which is currently estimated to equate to £191,838.” — page 6
Trustees
- Stephen Geoffrey Charles Greenishchair
- Jayne Amanda Howe
- Kevin Traynor
- Linda May Homan
- Lucy Miriam Scott
- Reena Appadoo
- Rev William Frederick Warren
- Tabitha Griffin
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £480k | £485k |
| 31/12/2023 | £409k | £384k |
| 31/12/2022 | £221k | £151k |
| 31/12/2021 | £168k | £136k |
| 31/12/2020 | £196k | £71k |
Common questions
Is ELY FOODBANK financially healthy?
The accounts state that the charity reported total income of £408,792 and total expenditure of £383,676 for the year ended 31 December 2023, resulting in a net surplus. Per the trustees' report, the charity holds healthy financial reserves of £316,548, which are well above the stated policy target of £191,838, allowing for continued operations and strategic spending. Its FY2023 accounts were independently examined.
What does the highest-paid employee of ELY FOODBANK earn?
Per its FY2023 accounts, the highest-paid employee was in the Under £60,000 band.
Who funds ELY FOODBANK?
Funders whose own accounts filings name ELY FOODBANK as a grant recipient include MILLS AND REEVE CHARITABLE TRUST, NEEDHAM TRINITY FOUNDATION.
Known funders
| Funder | Year | Amount |
|---|---|---|
| MILLS AND REEVE CHARITABLE TRUST | FY2024 | £4k |
| MILLS AND REEVE CHARITABLE TRUST | FY2025 | £4k |
| NEEDHAM TRINITY FOUNDATION | FY2024 | £280 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE HEADLEY TRUST | 1 | £45k |
| NFL FOUNDATION UK | 1 | £12k |