BANKTHEFOOD
To relieve persons in the UK that are in financial hardship through a free app, that aims to link shoppers with their local supermarkets and food banks to make sure that the donations that food banks receive are always plentiful, relevant and consistent.
Financial health, per its FY2025 accounts
The accounts state that the charity had a surplus income over expenditure of £23,934.44 for the year ended 30 March 2025, resulting in a closing bank balance of £37,283.76. The trustees confirm that the charity held unrestricted reserves at the year end and prepared the accounts on a going concern basis. No specific reserves policy target is stated in the document.
What the accounts disclose
“The trustees regularly review the level of reserves and aim to maintain sufficient funds to support the continued operation of the charity and delivery of its objectives”
“The charity was established through a gift from a private funder. The BanktheFood mobile application and all associated intellectual property were gifted to the charity by the app developer.” — page 1
Trustees
- Emma Springchair
- Aikta Hancock
- Daniel Owen
- David Mills
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £78k | £102k |
| 31/03/2024 | £62k | £25k |
| 31/03/2023 | £11k | £34k |
| 31/03/2022 | £52k | £5k |
Common questions
Is BANKTHEFOOD financially healthy?
Per its FY2025 accounts: The accounts state that the charity had a surplus income over expenditure of £23,934.44 for the year ended 30 March 2025, resulting in a closing bank balance of £37,283.76. The trustees confirm that the charity held unrestricted reserves at the year end and prepared the accounts on a going concern basis. No specific reserves policy target is stated in the document.
Who funds BANKTHEFOOD?
Funders whose own accounts filings name BANKTHEFOOD as a grant recipient include ARDONAGH COMMUNITY TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| ARDONAGH COMMUNITY TRUST | FY2022 | £5k | People in need |