WAVENEY FOODBANK
Collection of food supplies from the general public and delivery of crisis support food supplies to people in short term difficulty with food bills, as assessed by welfare professionals.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £333,885, which is significantly above the trustees' stated prudent target of £100,000 (equivalent to six months' expenditure). The trustees confirm the charity is in a very strong financial position with increased cash to meet existing and future demands.
What the accounts disclose
“The level of unrestricted reserves held at year-end was £333,885 (2024: £375,514 as restated).” — page 5
“It is considered that a sum equal to six months’ expenditure is a prudent level. On this basis, based on the annual expenditure budget, a sum of £100,000 is considered appropriate.”
“The independent examiner, Mr M. Aldous, is a work colleague of the treasurer, Ms C. Stephens, in their professional employment outside the charity. The trustees have considered this relationship and are satisfied that it does not affect the independence of the examination.” — page 13
Trustees
- Dr JOANNE BROADBENTchair
- Claire Stephens FCA
- Judith Cole
- Peggy Ann McGregor
- Rev Eleanor Mary Goodison
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £272k | £339k |
| 31/03/2024 | £124k | £122k |
| 31/03/2023 | £132k | £64k |
| 31/03/2022 | £201k | £67k |
| 31/03/2021 | £202k | £44k |
Common questions
Is WAVENEY FOODBANK financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £333,885, which is significantly above the trustees' stated prudent target of £100,000 (equivalent to six months' expenditure). The trustees confirm the charity is in a very strong financial position with increased cash to meet existing and future demands. Its FY2025 accounts were independently examined.
Who funds WAVENEY FOODBANK?
Funders whose own accounts filings name WAVENEY FOODBANK as a grant recipient include PARKVIEW CHAPEL, BOTESDALE.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| PARKVIEW CHAPEL, BOTESDALE | FY2023 | £3k | |
| PARKVIEW CHAPEL, BOTESDALE | FY2022 | £250 | Gifts made to individuals |
| PARKVIEW CHAPEL, BOTESDALE | FY2024 | £200 | |
| PARKVIEW CHAPEL, BOTESDALE | FY2022 | £200 | Gifts made to individuals |
| PARKVIEW CHAPEL, BOTESDALE | FY2025 | £150 |