EASTERN VALLEY FOODBANK
The relief of financial hardship amongst people in the Eastern Valley of South Wales and the surrounding area by providing emergency food, toiletries and household items to individuals and families in need and signposting to other advisory services. To provide such services with a Christian ethos, supported by churches in the area of benefit.
Financial health, per its FY2024 accounts
The accounts state that free reserves of £39,734 are below the trustees' stated policy target of six months' running costs, which is now approximately £43,000. The trustees note that while income from donations and grants provided critical support, increases in food purchase costs are placing pressure on regular donations, creating a need for more secure funding sources for staffing and running costs.
What the accounts disclose
“The general reserve fund of six months running costs set by the board has now been breached as we enter the next financial period (6 months running costs is now approximately £43K)” — page 6
“Our financial inclusion and well-being projects are securely funded for now. Staffing and running costs however require more secure funding sources as increases in costs to purchase food are now using more of the monthly regular donations from supporters. This is a key issue in the financial planning for next year.” — page 6
Trustees
- Martin John Millschair
- Anthony John Hunt
- JEFFREY TAYLOR
- Judith Elizabeth Mills
- Peter Alan Cole
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £161k | £145k |
| 31/12/2023 | £123k | £122k |
| 31/12/2022 | £176k | £169k |
| 31/12/2021 | £146k | £145k |
| 31/12/2020 | £202k | £133k |
Common questions
Is EASTERN VALLEY FOODBANK financially healthy?
Per its FY2024 accounts: The accounts state that free reserves of £39,734 are below the trustees' stated policy target of six months' running costs, which is now approximately £43,000. The trustees note that while income from donations and grants provided critical support, increases in food purchase costs are placing pressure on regular donations, creating a need for more secure funding sources for staffing and running costs. Its FY2024 accounts were independently examined.