Cheddar Valley Foodbank
To provide three days emergency food for those in need and referred by a supporting agency
Financial health, per its FY2025 accounts
The accounts state that the charity remains in a good financial position to continue supporting clients, with £16,000 held in reserves to cover unexpected events, rent, and stock. Per the trustees' report, there are no uncertainties about the charity continuing as a going concern, although the principal risk identified is a long-term significant reduction in financial donations.
What the accounts disclose
“Donations represent 64% of our income while local giving represent 36%”
“An amount is held in reserve to cater for any major unexpected events that could affect the foodbank. This sum also covers rent, utilities, and purchase of additional food stock.”
Trustees
- Bruce John Rance
- Dr Nigel Peter Lakin
- ELAINE REYNOLDS
- Katherine Bishop
- Penelope Cooke
- Philip Holden
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2026 | £41k | £16k |
| 31/07/2025 | £36k | £21k |
| 31/07/2024 | £33k | £48k |
| 31/07/2023 | £46k | £36k |
| 31/07/2022 | £36k | £41k |
Common questions
Is Cheddar Valley Foodbank financially healthy?
Per its FY2025 accounts: The accounts state that the charity remains in a good financial position to continue supporting clients, with £16,000 held in reserves to cover unexpected events, rent, and stock. Per the trustees' report, there are no uncertainties about the charity continuing as a going concern, although the principal risk identified is a long-term significant reduction in financial donations.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Somerset Community Foundation | 08/02/2017 | £4k | Cheddar Food Bank and its future |