CREDITON FOODBANK
Crediton Foodbank is a registered charity providing emergency food for local people in crisis in Crediton and the surrounding villages. Crediton Foodbank also offers people support such as financial advice, referring and signposting to other organisations, including counselling, and works closely with all agencies in the area including schools.
Financial health, per its FY2025 accounts
The accounts state that the charity ended the period with closing funds of £62,412, a decrease from the opening balance of £85,164 due to a net income deficit of £22,752. The trustees' report indicates that reserves are held to cover running costs, including fresh food purchases, rent, and staff costs. The document does not disclose a specific reserves policy target or mention any material uncertainty regarding the charity's ability to continue as a going concern.
What the accounts disclose
“Our principal source of income is the generous donations in terms of food and funds.” — page 5
“Reserves have been held to cover running costs, which include buying fresh food weekly as well as rent and staff costs.” — page 5
Trustees
- Andrew Christopher Saunders
- Antonia Tregenza
- Dr Lee Bridger
- Julian Gebler
- Keri Joanne Storey
- Melanie Gard
- Nicola Karen Nathan
- Peter Bunn
- Rachel Taylor
- SUZANNE WILLIAMS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £51k | £73k |
| 31/12/2024 | £80k | £64k |
| 30/06/2023 | £68k | £58k |
| 30/06/2022 | £40k | £25k |
Common questions
Is CREDITON FOODBANK financially healthy?
Per its FY2025 accounts: The accounts state that the charity ended the period with closing funds of £62,412, a decrease from the opening balance of £85,164 due to a net income deficit of £22,752. The trustees' report indicates that reserves are held to cover running costs, including fresh food purchases, rent, and staff costs. The document does not disclose a specific reserves policy target or mention any material uncertainty regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.