EARLSFIELD FOODBANK
Financial health, per its FY2023 accounts
The accounts state that unrestricted reserves stood at £49,625, which the trustees note represents 58% of payments for the year, exceeding their policy target of a quarter of projected unrestricted expenditure. The charity reported a net movement in funds of £37,178, driven by voluntary income of £110,289 against total resources expended of £102,117. The independent examiner confirmed that no matters came to their attention regarding the preparation of the accounts or compliance with accounting records.
What the accounts disclose
“The Trustees have concluded that Earlsfield Foodbank should seek to build up unrestricted reserves that equate to a quarter of projected unrestricted expenditure for the following year.” — page 9
Trustees
- Robin William Gisbychair
- Beverly Morgan
- Lucy Therese Keen
- Paul Charles Henry
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £167k | £130k |
| 31/03/2024 | £136k | £142k |
| 31/03/2023 | £139k | £102k |
| 31/03/2022 | £66k | £71k |
| 31/03/2021 | £69k | £54k |
Common questions
Is EARLSFIELD FOODBANK financially healthy?
The accounts state that unrestricted reserves stood at £49,625, which the trustees note represents 58% of payments for the year, exceeding their policy target of a quarter of projected unrestricted expenditure. The charity reported a net movement in funds of £37,178, driven by voluntary income of £110,289 against total resources expended of £102,117. The independent examiner confirmed that no matters came to their attention regarding the preparation of the accounts or compliance with accounting records. Its FY2023 accounts were independently examined.
Who funds EARLSFIELD FOODBANK?
Funders whose own accounts filings name EARLSFIELD FOODBANK as a grant recipient include THE HEADLEY TRUST.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE HEADLEY TRUST | FY2024 | £30k |
| THE HEADLEY TRUST | FY2023 | £10k |
| THE HEADLEY TRUST | FY2024 | £5k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| MILLS AND REEVE CHARITABLE TRUST | 1 | £8k |
| NEEDHAM TRINITY FOUNDATION | 1 | £280 |