OLDHAM FOODBANK
THE CHARITY AIMS ARE TO PROMOTE SOCIAL INCLUSION BY PREVENTING SOCIAL EXCLUSION AND RELIEVING THE NEEDS OF THOSE WHO ARE SOCIALLY EXCLUDED IN OLDHAM. CURRENT ACTIVITIES INCLUDE PROVISION OF EMERGENCY FOOD PARCELS THROUGH OLDHAM FOODBANK.
Objects
THE PREVENTION OR RELIEF OF POVERTY IN OLDHAM AND THE SURROUNDING AREAS OR SUCH WIDER AREA AS MAY SEEM APPROPRIATE FROM TIME TO TIME BY PROVIDING GRANTS, ITEMS AND SERVICES TO INDIVIDUALS IN NEED AND/OR CHARITIES, OR OTHER ORGANISATIONS WORKING TO PREVENT OR RELIEVE POVERTY AND IN PARTICULAR BY PROVIDING EMERGENCY FOOD SUPPLIES AND TO HELP THOSE IN CRISIS INCLUDING SIGNPOSTING TO OTHER AGENCIES.
Financial health, per its FY2024 accounts
The charity held unrestricted reserves of £79,536 against a stated policy target of £170,000, which is below the stated policy. The accounts state that the trustees believe no material uncertainties exist regarding going concern, supported by sufficient budgeted income and reserves for the next 12 months.
What the accounts disclose
“we have a reserve policy to segregate £170k of funds which would ensure the charity's core activities could continue for a minimum of ONE year.”
Policies the charity declares
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Trustee expenses policy and procedures
Trustees
- Matthew Flemingchair
- Andrew Tomlinson
- FATHER THOMAS DAVIS
- Gail Jurczyszyn
- Marion Kneale
- Nick Elliot
- Nigel Bacon
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £168k | £145k |
Common questions
Is OLDHAM FOODBANK financially healthy?
Per its FY2024 accounts: The charity held unrestricted reserves of £79,536 against a stated policy target of £170,000, which is below the stated policy. The accounts state that the trustees believe no material uncertainties exist regarding going concern, supported by sufficient budgeted income and reserves for the next 12 months. Its FY2024 accounts were independently examined.