RAINHAM FOODBANK
TO RELIEVE PERSONS INNEED WITHIN THE BOROUGHS OF HAVERING , BARKING AND DAGENHAM AND ENVIRON OF HARDSHIP OR DISTRESS (BENEFICIARIES) IN SUCH WAYS OF THE TRUSTEES DEEM FIT. TO PROVIDE EMERGENCY FOOD TO BENEFICIARIES, RESTORE DIGNITIES, REVIVE HOPE AND TRANSFORM LIVES. WE UNDERTAKE OTHER MORE THAN FOOD PROJECTS TO BREAK CYCLES OF POVERTY , FOSTER INTERGARTION, PREVENT ISOLATION AND LONLINESS.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net surplus of £7,253 for the year ended 31 December 2024, reversing a deficit from the prior year. The trustees confirm that unrestricted reserves of £59,166 are sufficient to meet the charity's stated reserve policy target of 3 to 6 months of expenditure. However, the filing notes that going concern is dependent on the future flow of uncertain funding streams.
What the accounts disclose
“the unrestricted funds not committed or invested in tangible fixed assets held by the charity should be between 3 and 6 months of the expenditure” — page 8
“The charitable activities are entirely dependent on continuing grant aid and voluntary donations as well as trading revenues. As a consequence, the going concern basis is dependent on the future flow of these uncertain funding streams.” — page 19
Trustees
- PASTOR ALOYSIUS PETERchair
- BENJAMIN AGYEMANG
- Dr ANIEKAN EMMANUEL ESSIEN
- Janet Ann Grosvenor
- Mary Akpan Enang
- Mbachi Dimba
- Rev Kevin John Browning
- UGOCHUKWU ANTHONY OSUJI
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £450k | £443k |
| 31/12/2023 | £420k | £468k |
| 31/12/2022 | £238k | £270k |
| 31/12/2021 | £178k | £276k |
| 31/12/2020 | £367k | £102k |
Common questions
Is RAINHAM FOODBANK financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net surplus of £7,253 for the year ended 31 December 2024, reversing a deficit from the prior year. The trustees confirm that unrestricted reserves of £59,166 are sufficient to meet the charity's stated reserve policy target of 3 to 6 months of expenditure. However, the filing notes that going concern is dependent on the future flow of uncertain funding streams. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 25/02/2026 | £494k | More Than Food: New Crises |
| Postcode Lottery | 29/03/2024 | £23k | Unrestricted Funding |
| The National Lottery Community Fund | 30/08/2023 | £29k | CSR3 ‘Community Advocacy’ Project |
| The National Lottery Community Fund | 04/11/2022 | £490k | More Than Food [Community Post-COVID Recovery Initiative] |
| Postcode Lottery | 27/08/2022 | £24k | Healthy Minds, Better Lives” (Post-COVID Community Counselling Project |
| The National Lottery Community Fund | 01/10/2018 | £293k | More than Food |