Finance Score: 2

Governance Score: 6

Support Score: 9

Poor Liquidity: -1
Strong growth: +2
Multiple Deficits: -2
Fundraising costs low: +3

Good trustee age range: +3
Dynamic board: +3

Large volunteers +3
Grant maker support: +6

Overall GiG Score: 17

FARESHARE MIDLANDS

FareShare Midlands (formerly FareShare Leicester) was formed on 1st July, 2008, as a project of the Diocese of Leicester and a franchise of the national charity FareShare. FareShare takes good quality surplus food from the food industry that is supplied to community organisations for those in need, rather than being disposed of.

Analysis by Giving is Great

Positives:

This charity has been successful in attracting volunteers relative to its size
The charity has received backing from several prominent grant makers recently
There has been strong growth in spending over the last 5 years
Fundraising costs are low relative to funds raised
The Board appears to be well diversified in terms of age and dynamic in terms of composition

Regulatory & Governance issues to consider:

Over half the Board have joined recently

Financial issues to consider:

Liquidity appears to have been slender at the latest year end
On several occasions in recent years income has been less than spending

Established: 12 years

www.faresharemidlands.org.uk

simone@faresharemidlands.org.uk

01162867735

Charity Commission for England and Wales

Tweets

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E	Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
30/06/23	£3,603	£3,989	£-386	£314	£969	£520	1.6	78	1,487
30/06/22	£3,054	£3,165	£-111	£166	£1,355	£1,053	4	63	880
30/06/21	£2,990	£2,575	£415	£103	£1,466	£1,122	5.2	52	200
30/06/20	£2,772	£1,873	£899	£57	£1,052	£860	5.5	32	102
30/06/19	£866	£831	£35	£39	£112	£-23	-0.3	22	95
30/06/18	£398	£411	£-13	£0	£0	£0	n/a	0	0
30/06/17	£324	£290	£34	£0	£0	£0	n/a	0	0
30/06/16	£285	£267	£18	£0	£0	£0	n/a	0	0
30/06/15	£180	£201	£-21	£0	£0	£0	n/a	0	0
30/06/14	£130	£127	£3	£0	£0	£0	n/a	0	0
30/06/13	£153	£87	£66	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 8.7%
Fundraising Costs/Total Spending: 7.9%
Highest pay band: Less than £60,000
Liabilities/Assets: 64%
Liabilities/Income: 48%
Unrestricted Funds/Total Funds: 54%
Reserves/Spending: 1.6 months
Net Current Assets/Spending: 2 months
Quick Ratio: 0.5

Asset Split ?

Listed activities

Education/Training
Environment/Conservation/Heritage
General Charitable Purposes
The Prevention Or Relief Of Poverty

How it operates

Provides services

Where it operates

Throughout England,

Who it helps

Children/Young People
Elderly/Old People
Other Charities Or Voluntary Bodies
People Of A Particular Ethnic Or Racial Origin
People With Disabilities
The General Public/Mankind

Who works here?

78 employees
1,487 volunteers

Who's supporting them? ?

Donations from Grant Makers ?

We have details on the following significant donations. Multi-year donations are allocated to the years for which they are earmarked.

Major supporters in last 5 years

DCMS	£109,294
Garfield Weston Foundation	£30,000
National Lottery Community Fund	£19,996

Specific Donations

Amount	When Months	To be used for
Garfield Weston Foundation - Main Grants award
£30,000	14/10/2022	FareShare Midlands
National Lottery Community Fund - Addressing food insecurity in Lincolnshire
£9,998	13/05/2022	The funding will be used to cover the costs to deliver food to new Fareshare member groups from the recently opened warehouse. The project aims to enable them to support the needs of more families ....more The funding will be used to cover the costs to deliver food to new Fareshare member groups from the recently opened warehouse. The project aims to enable them to support the needs of more families living in poverty and communities which are hard to reach.
DCMS - VSCE CMC Fund
£10,000	18/09/2020	NET, Comic Relief and Children in Need will use this funding to provide: increased support to vulnerable people and hidden groups, thus reducing the burden on public services; reach local grassroots ....more NET, Comic Relief and Children in Need will use this funding to provide: increased support to vulnerable people and hidden groups, thus reducing the burden on public services; reach local grassroots and small organisations who can provide an on-the-ground community response to the crisis; and, support local charitable organisations to mobilise volunteers to enable better targeted support in communities through empowered local groups.
DCMS - Coronavirus Community Support Fund
£99,294	03/07/2020	"The fund aims to:1) To reduce closures of essential charities that provide essential services to vulnerable groups during the COVID-19 crisis by ensuring they have the financial resources to ....more "The fund aims to:1) To reduce closures of essential charities that provide essential services to vulnerable groups during the COVID-19 crisis by ensuring they have the financial resources to operate, thereby reducing the burden on public services.2) To ensure essential services are provided to vulnerable people, both in the short and long term through increased community support through the work of charitable organisations."
National Lottery Community Fund - Mobile Pantry - supporting food security
£9,998	23/05/2019 12	The funding will be used to set up a 'Mobile Pantry' as an outreach facility distributing surplus food. The project aims to reduce both hunger and food waste in the East Midlands region.
National Lottery Community Fund - Building Food Security
£9,900	01/11/2017 12	This charity will develop and expand its service to combat food poverty through redistribution of surplus food to frontline local organisations, enabling good quality food to reach more vulnerable ....more This charity will develop and expand its service to combat food poverty through redistribution of surplus food to frontline local organisations, enabling good quality food to reach more vulnerable people in the community.
Henry Smith Charity - Grant to FareShare East Midlands
£20,000	11/06/2015 24	towards two years' running costs of a project that redistributes surplus food from the food industry to go to vulnerable people in need in Leicester
Henry Smith Charity - Grant to FareShare Leicester
£19,490	13/06/2012 24	towards two years' running costs of a charity that provides food to disadvantaged and homeless people in Leicestershire

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Data sourced from Donors via 360 Giving

How is it governed?

Trustees (9)

Current Trustees appointed

Age Range of Trustees: 28-77

ANDREW WILSON (Chair) Appointed: 2017, Occupation: Retired

BARBARA LUNNON Appointed: 2023, Occupation: Marketing Consultant, Other trusteeship: FOUNDATION OF THOMAS ROE,

CARRI SWANN Appointed: 2017, Occupation: Solicitor

JIMMY MARK Appointed: 2012, Occupation: Managing Director

MIKE COURT Appointed: 2023, Occupation: Retired

REV BACHELARD KAZE YEMTSA Appointed: 2020, Occupation: Minister Of Religion

SABRINA FFRENCH Appointed: 2023, Occupation: Nurse

VINCENT CRAIG Appointed: 2024, Occupation: Company Director, Other trusteeship: MARKET DRAYTON FOODBANK,

WAQAR ALI Appointed: 2023, Occupation: It Procurement Manager

Legal constitution

Charitable company registered in England & Wales on 11/04/2012, number: 1146847
Registered at Companies House on 23/03/2011, number: 07575440

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Bullying and harassment policy and procedures
Complaints handling
Complaints policy and procedures
Conflicting interests
Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Internal risk management policy and procedures
Paying staff
Risk management
Safeguarding policy and procedures
Safeguarding vulnerable beneficiaries
Serious incident reporting policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures
Volunteer management

Filing Record

11 returns made; all on time

Main office

FareShare Midlands
10 Wilson Road
WIGSTON
Leicestershire
LE18 4TP

Objectives

A)THE RELIEF OF POVERTY AND THE PROMOTION OF GOOD HEALTH AND NUTRITION IN ENGLAND BY REDISTRIBUTING SURPLUS PRODUCE (IN PARTICULAR FOOD) TO ORGANISATIONS WORKING TO MEET THE NEEDS OF INDIVIDUALS IN SOCIAL, ECONOMIC, HEALTH-RELATED OR EMOTIONAL DISTRESS, AND THE NEEDS OF CHILDREN. B) THE CONSERVATION, PROTECTION AND IMPROVEMENT OF THE PHYSICAL ENVIRONMENT THROUGH THE REDUCTION OF WASTE (IN PARTICULAR FOOD WASTE). C) THE ENCOURAGEMENT OF MEMBERS OF THE PUBLIC TO UNDERTAKE VOLUNTARY WORK AND SUPPORT. D) THE ADVANCEMENT OF EDUCATION AND THE RELIEF OF UNEMPLOYMENT IN PARTICULAR BY PROVIDING TRAINING IN THE VOLUNTARY SECTOR

Data Sources