for the Period Ended 31 December 2023
Directors report | |
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 December 2023
Directors
The director shown below has held office during the period of
24 April 2023
to
31 December 2023
The directors shown below have held office during the whole of the period from
17 January 2023
to
31 December 2023
The director shown below has held office during the period of
17 January 2023
to
30 November 2023
The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006
This report was approved by the board of directors on
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
11 months to 31 December 2023 | ||
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£ |
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Turnover: |
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Gross profit(or loss): |
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Administrative expenses: |
(
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Operating profit(or loss): |
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Interest payable and similar charges: |
(
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Profit(or loss) before tax: |
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Tax: |
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Profit(or loss) for the financial year: |
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As at
Notes | 11 months to 31 December 2023 | ||
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£ |
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Fixed assets | |||
Tangible assets: | 3 |
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Total fixed assets: |
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Current assets | |||
Debtors: | 4 |
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Total current assets: |
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Creditors: amounts falling due within one year: | 5 |
(
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Net current assets (liabilities): |
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Total assets less current liabilities: |
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Total net assets (liabilities): |
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Capital and reserves | |||
Called up share capital: |
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Profit and loss account: |
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Total Shareholders' funds: |
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The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 December 2023
Basis of measurement and preparation
Turnover policy
for the Period Ended 31 December 2023
11 months to 31 December 2023 | ||
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Average number of employees during the period |
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for the Period Ended 31 December 2023
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
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Cost | £ | £ | £ | £ | £ | £ |
Additions |
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Disposals | ||||||
Revaluations | ||||||
Transfers | ||||||
At 31 December 2023 |
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Depreciation | ||||||
Charge for year |
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On disposals | ||||||
Other adjustments | ||||||
At 31 December 2023 |
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Net book value | ||||||
At 31 December 2023 |
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for the Period Ended 31 December 2023
11 months to 31 December 2023 | ||
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£ | ||
Trade debtors |
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Other debtors |
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Total |
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for the Period Ended 31 December 2023
11 months to 31 December 2023 | ||
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£ | ||
Bank loans and overdrafts |
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Trade creditors |
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Taxation and social security |
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Other creditors |
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Total |
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Regenagri is a regenerative agriculture initiative aimed at securing the health of the land and the wealth of those who live on it. It supports farms and organizations to transition to holistic farming techniques that increase soil organic matter, encourage biodiversity and sequester CO2. We provide standards and digital tools to certify the impact and to assure the integrity of regenagri-certified products from farms to finished products. We also provide farmers with routes to additional funds through carbon credit and impact incentives. Broadly speaking, 2023 was a year of great success stories for Regenagri; from continued growth in the textiles sector, to our expansion into food supply chains. Our efforts to connect with organisations seeking solutions to support their climate strategies saw a huge increase in the area of land covered by regenagri standards and certification. We also worked hard to strengthen our standards and data assurance to support this influx of new partners. Set against a backdrop of increasingly extreme weather affecting crops and livelihoods around the globe, the very real threat of climate change makes our work more urgent than ever. In April 2024 Regenagri’s programme supported over 230,000 farms and 855 supply chain operators worldwide to become more climate resilient by reducing their carbon footprint while stabilising and increasing their income. The Impact Report 2023 is attached.
Solidaridad Network Foundation and Solidaridad Network Asia Limited are shareholders and stakeholders of Regenagri C.i.C. Solidaridad. Solidaridad is an international Civil Society Organization, working in over 40 countries throughout the whole supply chain to make sustainability the norm and enable farmers and workers to earn a decent income, produce in balance with nature, and shape their own future. In 2023 Solidaridad implemented the Regenagri Program in their programs, and provided input to the standard to improve the standard’s quality. Control Union provides certification and verification services. Working closely with Control Union, and listening to the feedback from our users, we improved functionalities to assess water quality, biodiversity, fertiliser use and crop protection. Farmers have told us that longwinded, confusing processes discourage them from sharing data and, ultimately, achieving certification. By improving these processes we can reduce unnecessary auditing burden. Regenagri clients are important stakeholders too. In 2023, for instance, we did a lot of stakeholder consultations in the food sector to expand the food sector’s use of regenagri standards; from almonds and coffee to sugarcane and mangoes. The adoption of regenagri by coffee producers is a recent success story. By the end of 2023, 50,627 hectares of coffee farms in Brazil were regenagri-certified (compared with 22,812 hectares in 2022, a 120% increase on 2022 figures). The Impact Report 2023 covering these points is attached
In 2023, the director received a remuneration of GBP 119,322.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
11 September 2024
And signed on behalf of the board by:
Name: Franco Costantini
Status: Director