BETTER FOOD TRADERS CIC

Company limited by guarantee

Company Registration Number:
15393366 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2025

Period of accounts

Start date: 6 January 2024

End date: 31 March 2025

BETTER FOOD TRADERS CIC

Contents of the Financial Statements

for the Period Ended 31 March 2025

Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

BETTER FOOD TRADERS CIC

Profit And Loss Account

for the Period Ended 31 March 2025

15 months to 31 March 2025


£
Turnover: 161,362
Cost of sales: ( 23,677 )
Gross profit(or loss): 137,685
Administrative expenses: ( 108,069 )
Operating profit(or loss): 29,616
Interest payable and similar charges: ( 1 )
Profit(or loss) before tax: 29,615
Tax: ( 5,548 )
Profit(or loss) for the financial year: 24,067

BETTER FOOD TRADERS CIC

Balance sheet

As at 31 March 2025

Notes 15 months to 31 March 2025


£
Fixed assets
Tangible assets: 3 416
Total fixed assets: 416
Current assets
Debtors: 4 496
Cash at bank and in hand: 54,096
Total current assets: 54,592
Creditors: amounts falling due within one year: 5 ( 31,140 )
Net current assets (liabilities): 23,452
Total assets less current liabilities: 23,868
Total net assets (liabilities): 23,868
Members' funds
Profit and loss account: 23,868
Total members' funds: 23,868

The notes form part of these financial statements

BETTER FOOD TRADERS CIC

Balance sheet statements

For the year ending 31 March 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 20 July 2025
and signed on behalf of the board by:

Name: Keval Jayantilal Shah
Status: Director

The notes form part of these financial statements

BETTER FOOD TRADERS CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

BETTER FOOD TRADERS CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 2. Employees

    15 months to 31 March 2025
    Average number of employees during the period 2

BETTER FOOD TRADERS CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 428 428
Disposals
Revaluations
Transfers
At 31 March 2025 428 428
Depreciation
Charge for year 12 12
On disposals
Other adjustments
At 31 March 2025 12 12
Net book value
At 31 March 2025 416 416

BETTER FOOD TRADERS CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Debtors

15 months to 31 March 2025
£
Trade debtors 496
Total 496

BETTER FOOD TRADERS CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

5. Creditors: amounts falling due within one year note

15 months to 31 March 2025
£
Trade creditors 24,928
Taxation and social security 5,548
Accruals and deferred income 664
Total 31,140

COMMUNITY INTEREST ANNUAL REPORT

BETTER FOOD TRADERS CIC

Company Number: 15393366 (England and Wales)

Year Ending: 31 March 2025

Company activities and impact

Better Food Traders (BFT) is a non-profit Community Interest Company that empowers and equips communities, local authorities, farmers and traders to rebuild an independent, sustainable food sector - enabling a just transition to a more climate- and nature-friendly food system. In 2024/25, our combined impact led to £33,500,000 annual sales of fruit and veg from UK agroecological farmers; more than 400 climate- and nature-friendly farms supported in the UK; and more than 200 Better Food Traders and their 59,000 weekly customers, working together to change the food system. Our activities fall under three main areas: Support for Traders - In the year 2024/25 we ran 30 hours of online training sessions through the year on a wide range of topics from Marketing Strategy and Implementation to Setting Up a Farmers’ Market to Finding Funding. We also rean our Business Support Week with 55 hours of advice clinics and 5 workshops, plus our Annual Gathering and our Regional Foods Hubs support programme. Research & Policy work - In June, we revealed the findings of the Better Food Traders Data Deep Dive: the only report of its kind to assess key metrics from BFT members (such as wages to sales, basket size, marketing effectiveness) against industry ratios. In the autumn we released our Organic Consumers: Retailers Toolkit in collaboration with UK Organic and Organic Research Centre. Public Awareness - In October, we ran a social media campaign playing on popular supermarket phrases such as “Taste the Difference” and “Feel Good About Food”, including paid ads to direct shoppers to our map of Better Food Traders. Independent, sustainable food traders play a vital role in the rebuilding of our regional food systems, while new supply chains such as non-profit Regional Food Hubs offer an alternative to corporate greed and Big Food. Communities are benefited by the value chain being fairly shared across farmers, workers and local communities - while climate and nature also benefit through more sustainable practices.

Consultation with stakeholders

Our main stakeholders are our staff, our board of non-exec Directors and our partners. This year we have undertaken a strategy review with the team, quarterly meetings with the board, and stakeholder consultation via our Annual Gathering - to which 60 people came, including Better Food Trader members and sector partners. This has led us to carry out work on our membership standards and fee structure, and to continually update our thinking on enterprise support needed by our members.

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services was £35,093.91 through PAYE and employer pension contributions of £1,442.73. There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
1 July 2025

And signed on behalf of the board by:
Name: Julia Breatnach
Status: Director