GRANTHAM FOODBANK
The prevention or relief of poverty in Grantham and surrounding areas in particular but not exclusively by providing emergency food supplies to individuals in need and/or charities, or other organisations working to prevent or relieve poverty
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £209,869, while the charity maintains a specific reserves policy of £50,000 for running costs, £20,000 for food purchases, and £5,000 for equipment. However, the Treasurer's report notes that increased food purchasing requirements are currently using financial reserves, raising concerns about sustainability if donations do not increase.
What the accounts disclose
“We continue to review our reserves policy, and at present have £50,000 for running costs, £20,000 for food purchases, and £5,000 to equipment.” — page 4
“Spending in the early months of 2025, has confirmed that this level of purchasing is likely to increase. To ensure the sustainability of the foodbank we will need to increase the donations received.” — page 4
Register events
- Received assets from another charity (25/01/2023)
Trustees
- Emma Lugrin
- Jacqueline Gonzalez
- Michelle Anne Elizabeth Feasey
- Pravina Chohan
- Samantha Campbell
- Wendy Bentley
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £279k | £271k |
| 31/12/2023 | £204k | £197k |
| 31/12/2022 | £173k | £115k |
Common questions
Is GRANTHAM FOODBANK financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £209,869, while the charity maintains a specific reserves policy of £50,000 for running costs, £20,000 for food purchases, and £5,000 for equipment. However, the Treasurer's report notes that increased food purchasing requirements are currently using financial reserves, raising concerns about sustainability if donations do not increase. Its FY2024 accounts were independently examined.
Who funds GRANTHAM FOODBANK?
Funders whose own accounts filings name GRANTHAM FOODBANK as a grant recipient include THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST WULFRAM, GRANTHAM.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST WULFRAM, GRANTHAM | FY2022 | £127 | Profit from soup sales donated to Foodbank |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST WULFRAM, GRANTHAM | FY2022 | £106 | Food donation (106kg) |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE SYBIL SHINE MEMORIAL TRUST | 1 | £208k |
| THE J AND H ORLANDER TRUST | 1 | £99k |
| THE CHARLES RUSSELL SPEECHLYS FOUNDATION | 1 | £67k |
| THE HEADLEY TRUST | 1 | £65k |
| THE BUZZACOTT STUART DEFRIES MEMORIAL FUND | 1 | £60k |
| HAMPSTEAD GARDEN SUBURB FELLOWSHIP | 1 | £37k |
| THE ADINT CHARITABLE TRUST | 1 | £30k |
| DRAPERS CHARITABLE FUND | 1 | £25k |
Charities like this
- Littlehampton & District Foodbank
- NUNEATON FOODBANK
- TRURO FOODBANK
- WEYMOUTH FOODBANK
- NORWOOD & BRIXTON FOODBANK LIMITED
- Food Bank Aid
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| GRANTHAM FOODBANK | £279k | — | 0 | unclear | — | noted |
| Littlehampton & District Foodbank | £48k | — | — | unclear | — | no doubt |
| NUNEATON FOODBANK | £111k | — | 0 | unclear | — | no doubt |
| TRURO FOODBANK | £200k | — | 0 | unclear | — | no doubt |
| WEYMOUTH FOODBANK | £104k | — | 0 | unclear | — | no doubt |
| NORWOOD & BRIXTON FOODBANK LIMITED | £1.2m | — | 0 | above | — | not going concern |