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FS Annual Report Inside Pages V2.Indd ANNUAL REPORT 2017/18 TONNES PEOPLE CHARITIES MEALS TOWNS VALUE TO OF FOOD SUPPORTED & GROUP AND CITIES CHARITIES 16,992 772,390 9,653 36.7m 1,500 28.7m FareShare UK Follow us: Unit 7 www.FareShare.org.uk Deptford Trading Estate facebook.com/UKFareShare Blackhorse Road twitter.com/FareShareUK London SE8 5HY Registered Charity No: 1100051 TEL: 020 7394 2468 Limited by Gurantee Email: [email protected] Company Regisitration No: 04837373 FareShare Annual Report 2018 02 Contents 03 – 06 1. FareShare at a glance 07 – 08 2. Report from the Chair and Chief Executive 09 – 28 3. Report of the Trustees 29 – 30 4. Structure, governance & management 31 – 34 5. Governing document & constitution 35 – 38 6. Independant auditor’s report 39 – 40 7. Consolidated statement of financial activities 41 – 42 8. Balance sheets 43 – 44 9. Consolidated cash flow statement 45 – 46 10. Accounting policies 47 – 57 11. Notes to the financial statements It’s been a big team effort 1 FareShare Annual Report 2018 04 We believe that no We redistribute good food should surplus food go to waste. to charities who turn it into meals. We are doers. We are a community. We change lives. 05 FareShare Annual Report 2018 FareShare Annual Report 2018 06 Defi nitions The FareShare network at a glance Five Regional Centres, London, The 16 Regional Centres run by third-party In 2017-2018 the FareShare HOW FARESHARE WORKS: The FareShare independent charities are not refl ected in West Midlands, Merseyside, these accounts. However, in the Trustees’ network redistributed a record network consists East Anglia and Southern report we give statistics for measures such amount of food to charities Central are managed directly as food received, charities and people – a 25% year on year increase of 21 Regional supported which relate to the whole of Centres across by FareShare and the others the FareShare network. These aggregate to almost 17,000 tonnes of are run by third-party statistics describe the overall social impact in date, good to eat surplus FareShare redistributes ...with the help of an of the network that FareShare has supported surplus food from the army of volunteers... the breadth of food industry... independent charities. since its inception. food which would otherwise have gone to waste. the UK FareShare refers to this charity (charity Community Food Members (CFMs) refer registration No 1100051). FareShare to the charities and community groups that We delivered this growth through our two provides the network with central support receive food from the FareShare network. main ways of working; diverting bulk surplus in a number of areas including sourcing Community Food Associates (CFAs) refer from the supply chain through our own food, transporting food to where it is ...which turn it into ...to frontline charities to the charities and community groups that warehouses and connecting charities and and community groups... most needed, PR and communications, nutritious meals... receive food through FareShare Go; these community groups with the surpluses at their fundraising and operational support. organisations are connected with their local local supermarkets. FareShare also provides a service, FareShare supermarket and collect the surplus food Go, which reduces store level food waste. directly from the store. Our network of Regional Centres received 11,000 tonnes of food from the food industry and FareShare Go accounted for nearly 6,000 tonnes as it began operating ...for vulnerable ...last year we provided at real scale in 2017-18. people every week... enough food for nearly 36.7 million meals. Nationwide, we supported a total of 9,653 charities and HOW FARESHARE GO WORKS: community groups with food, a 44% increase on the 37 million previous year. Based upon average savings made by charities when accessing food through the meals FareShare Network as opposed to buying it Collectively, the FareShare directly, we calculate that food from the FareShare Network saved charities nearly £29 network and FareShare Go million which they were then able to reinvest contributed enough food into their organisations to deliver even more essential support services. to provide 37 million meals to Store Charity People vulnerable people across the UK. Stores upload estimates of A local charity or community The charity picks up the food their good quality unsold food group recieves a text telling they can use and turns it into to the FareShare Go app. them about the available food. meals for people in need. FareShare Annual Report 2018 08 Report from our Chair and Chief Executive As we increased our efforts We are pleased to report on our progress FareShare to source more food and build its 2 this year in the fight to reduce hunger capability for the future. Our support will to divert more good food and food waste. FareShare provided food come from Asda, the Big Lottery Fund and to people in need we were sufficient for nearly 37 million meals this the Walmart Foundation. Last year saw year which were needed by some of the determined to break two most vulnerable people in our society. Asda created the ‘Fight Hunger. Create landmarks – 9,653 charities We can report an increase of 59% in the Change’ programme to tackle food poverty and community groups and number of people who had access to our across the UK and FareShare and The Trussell 772,390 people a week food and a 44% increase in the number Trust are the charity partners. Substantial FareShare take of charity and community groups that we awards over the next three years from Asda supported with our food. supported. Thank you to our volunteers, will enable our Regional Centres to increase funders, delivery partners and the providers their capacity to deal with much higher of food from the food, retail and transport food volumes. The funds will be invested industries. Without you all this would not in warehouse expansion and more chillers, £3 million have been achieved. freezers and vehicles. We will be working huge strides with The Trussell Trust to supply their Total donations exceeded The FareShare network now comprises foodbanks with fresh fruit and vegetables £3million this year. 21 Regional Centres across the UK and for the first time. 16 of these are operated by independent charities who share our mission. A three year grant from the Big Lottery Fund Thanks to substantial funding from the will provide the funds to strengthen the forward Enterprise Rent-A-Car Foundation we stretched management teams at FareShare opened a Regional Centre in Ipswich which UK and at all the Regional Centres. enabled us to cover East Anglia for the This will enable us to manage an increase first time. This charity also took over the in the number of volunteers who are the running of FareShare Southern Central, workforce for our redistribution. We are based in Southampton, and with the proud to receive the first grant outside of support of the Morrisons’ Foundation, North America from the Walmart Foundation. we relocated to a much larger warehouse This will support our work in making much with ideal transport links to Hampshire more of the food which becomes surplus in and Wiltshire. food producers and processors available to us. We made significant progress this year We have been working hard to increase the in our work with food retailers to tackle awareness in the wider community of our surplus food at the store level. FareShare work and of FareShare. During the course John Bason, Chair Go, which enables the redistribution of of the year we were honoured to receive food which becomes surplus every day four accolades from the charity sector in in retail stores, became truly established recognition of our work. thanks to our major partnership with Tesco. Every Tesco store in the UK has now been We remain focussed on our fight to reduce digitally connected with charities and hunger and food waste with much to achieve community groups which are local to that in the coming year. store and desperately need food for their work. FareShare now reaches nearly 1,500 town and cities across the breadth of the UK. FareShare Go is now being adopted by Waitrose and we have had promising trials with Asda and Aldi. John Bason, Chair We are hugely grateful to our generous funders and total donations exceeded £3million this year. However, there is still so much to do. In this context we were Lindsay Boswell, Chief Executive delighted to announce recently the award Lindsay Boswell, Chief Executive of three significant grants which will enable FareShare Annual Report 2018 10 Report of the Trustees Food into the FareShare network Growth through FareShare Go from Distribution Centres across the country. 3 retailers directly to charities and community We have also expanded our work with Aldi, and FareShare go has growth by groups almost doubled over the period Morrisons and Marks & Spencer. Our retail and made a significant contribution to partners are also increasingly, with great What happened our overall growth in food provision. success, encouraging their suppliers to This growth is due to a variety of improved work with us. 25%to processes and a growth in donating stores. One key element that has helped us Food into Regional Centres grew due increase access to available food is our in 2017/18 to increased collaboration between collaboration with logistics experts: 16,992 FareShare and logistics companies and throughout the food industry, with retailers One of the biggest barriers to food and their supply chains, which includes companies providing food to FareShare on a manufacturers, growers/producers and regular basis is finding and funding transport importers. Widely respected in the food to get food to our Regional Centres.
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