Finance Score: 5

Governance Score: 6

Support Score: 11

Strong growth: +2
Fundraising costs low: +3

Dynamic board: +3
Gender balanced board: +3

Large volunteers +3
Grant maker support: +8

Overall GiG Score: 22

REDBRIDGE FOODBANK

Provide emergency food and hygiene parcels to those living in poverty

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 since inception
Fundraising costs are unusually low relative to funds raised
The Board appears to be well diversified in terms of gender and dynamic in terms of composition

Regulatory & Governance issues to consider:

This charity is not recognised by HMRC for Gift Aid according to its latest published return

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
31/03/23	£612	£504	£108	£3	£317	£225	5.4	5	214
31/03/22	£355	£339	£16	n/a	n/a	n/a	n/a	n/a	194
31/03/21	£594	£401	£193	£0	£193	£136	4.1	3	73
31/03/20	£0	£0	£0	n/a	n/a	n/a	n/a	n/a	0

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Financial Ratios

Fundraising Costs/Relevant Income: 0.8%
Fundraising Costs/Total Spending: 0.7%
Highest pay band: Less than £60,000
Liabilities/Assets: 1%
Liabilities/Income: 1%
Unrestricted Funds/Total Funds: 71%
Reserves/Spending: 5.4 months
Net Current Assets/Spending: 7 months
Quick Ratio: 96.9

Asset Split ?

Established: 5 years

www.redbridge.foodbank.org.uk

INFO@REDBRIDGEFOODBANK.ORG

02085180056

Charity Commission for England and Wales

Tweets

Listed activities

Disability
The Prevention Or Relief Of Poverty

GiG Classification

Community food services

How it operates

Provides advocacy/advice/information
Provides services

Where it operates

Redbridge,

Who it helps

The General Public/Mankind

Who works here?

5 employees
214 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.

Specific Donations

Amount	When Months	To be used for
The Trussell Trust - Grant to Redbridge Foodbank
£40,000	17/07/2023	New warehouse renovation and equipment
Essex Community Foundation - Grant to Redbridge Foodbank
£7,500	06/02/2023	to support the running costs of a foodbank in Redbridge, for the next six months
The Trussell Trust - Grant to Redbridge Foodbank
£35,001	16/11/2022	New post - Digital Implementation Officer (21 hpw)
The Trussell Trust - Grant to Redbridge Foodbank
£5,000	20/10/2022	Emergency grant
The Trussell Trust - Grant to Redbridge Foodbank
£137,698	04/07/2022	CA adviser 4dpw
The Trussell Trust - Grant to Redbridge Foodbank
£47,923	26/10/2021 36	CA 14hpw post for three years for outreach advice

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (6)

Current Trustees appointed

Gender Split

DANIEL OYO-ITA Appointed: 2022

DIANE GORDON (Chair) Appointed: 2021

ELIZABETH TOHER Appointed: 2022

FRANCES BOWMAN-WATSON Appointed: 2022

ROBERT GIRGIS Appointed: 2020

TAMSIN ADDISON Appointed: 2021

Legal constitution

Charity registered in England & Wales on 10/06/2019, number: 1183803

Gift Aid

NOT 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 risk management policy and procedures
Paying staff
Risk management
Safeguarding policy and procedures
Safeguarding vulnerable beneficiaries
Serious incident reporting policy and procedures
Social media policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures
Volunteer management

Filing Record

4 returns made; all on time

Recent reorganisation events:

Asset transfer in from REDBRIDGE FOODBANK on 21/07/2022

Main office

Jubilee Church
14 GRANVILLE ROAD
ILFORD
IG1 4JY

Objectives

REDBRIDGE FOODBANK IS A CHRISTIAN ORGANISATION, AND THE OBJECT OF THE CIO IS THE PREVENTION OR RELIEF OF POVERTY IN THE LONDON BOROUGH OF REDBRIDGE AND SURROUNDING AREAS, PRIMARILY THROUGH THE PROVISION OF FOOD, HYGIENE AND HOUSEHOLD PRODUCTS, BUT ALSO RELATED ADDITIONAL SERVICES, ASSISTANCE AND SUPPORT FOR THOSE IN NEED.

Data Sources