INVESTING IN THE FUTURE

We are happy to report a surplus in 2022/23 in spite of the turbulent national economic conditions. The Development team was enlarged and strengthened which resulted in a higher voluntary income than 2021/22. Following the financial performance in the year 2022-23 the trustees established a designated fund of £250,000 to support our expansion into Surrey, reserved for opening a new warehouse and production kitchen during the summer of 2023. We also passed on the benefits of a surplus year to all our Community Food Members by freezing fees for the first quarter of 2023-24. Full year accounts will be available from the Charity Commission. All figures are subject to auditing.

Income

Expenditure

The charity operates a reserves policy set by the Board of Trustees and reviewed annually. Reserves are required to ensure the continued smooth operation of the charity, to cope with any unexpected eventualities and enable any one-off expenditure that is deemed appropriate for the charity.