GLOSSOPDALE FOODBANK
The object of the CIO is the relief of poverty of residents in the high peak and neighboring areas through actions including but not limited to, the provision of food parcels and information about other relevant services
Financial health, per its FY2025 accounts
The charity reported an operating deficit of £19,733 for the year ended 31 March 2024, resulting in a decrease in unrestricted reserves from £123,351 to £103,618. Despite the deficit, the trustees confirmed that assets are adequate to fulfill obligations and that the charity remains a going concern. The financial position is supported by unrestricted reserves of £103,618, which exceed the stated policy target of £70,000.
What the accounts disclose
“The Foodbank should therefore set itself the target of covering that extent of decline and seek to have a reserve of £70,000.” — page 8
Trustees
- ELIZABETH ANNE HOPLEYchair
- Charlie Bishop
- Daniel Oliver McLoughlin
- GODFREY CLAFF
- Graham Nigel Oakley
- Jean Hobson
- Kate Elizabeth Smith
- Kathryn Lisa Pickavance
- Phillip Frank Whittaker
- RACHEL SHAW
- Stephen Robert Kimber
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £153k | £119k |
| 31/03/2024 | £139k | £159k |
| 31/03/2023 | £127k | £119k |
| 31/03/2022 | £116k | £105k |
| 31/03/2021 | £150k | £90k |
Common questions
Is GLOSSOPDALE FOODBANK financially healthy?
Per its FY2025 accounts: The charity reported an operating deficit of £19,733 for the year ended 31 March 2024, resulting in a decrease in unrestricted reserves from £123,351 to £103,618. Despite the deficit, the trustees confirmed that assets are adequate to fulfill obligations and that the charity remains a going concern. The financial position is supported by unrestricted reserves of £103,618, which exceed the stated policy target of £70,000. Its FY2025 accounts were independently examined.