REGENAGRI C.I.C.

Company Registration Number:
14596676 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 1 January 2024

End date: 31 December 2024

REGENAGRI C.I.C.

Contents of the Financial Statements

for the Period Ended 31 December 2024

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

REGENAGRI C.I.C.

Directors' report period ended 31 December 2024

The directors present their report with the financial statements of the company for the period ended 31 December 2024

Directors

The directors shown below have held office during the whole of the period from
1 January 2024 to 31 December 2024

Franco Costantini
Shatadru Chattopadhayay
L G La Cruz Al Varez


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
18 June 2025

And signed on behalf of the board by:
Name: Franco Costantini
Status: Director

REGENAGRI C.I.C.

Profit And Loss Account

for the Period Ended 31 December 2024

2024 11 months to 31 December 2023


£

£
Turnover: 969,047 485,774
Gross profit(or loss): 969,047 485,774
Distribution costs: ( 1,396 ) 0
Administrative expenses: ( 904,919 ) ( 376,519 )
Operating profit(or loss): 62,732 109,255
Interest payable and similar charges: ( 4,066 ) ( 186 )
Profit(or loss) before tax: 58,666 109,069
Profit(or loss) for the financial year: 58,666 109,069

REGENAGRI C.I.C.

Balance sheet

As at 31 December 2024

Notes 2024 11 months to 31 December 2023


£

£
Fixed assets
Tangible assets: 3 301,690 230,426
Total fixed assets: 301,690 230,426
Current assets
Debtors: 4 207,292 264,612
Cash at bank and in hand: 76,450 0
Total current assets: 283,742 264,612
Net current assets (liabilities): 283,742 264,612
Total assets less current liabilities: 585,432 495,038
Creditors: amounts falling due after more than one year: 5 ( 292,911 ) ( 263,577 )
Provision for liabilities: ( 56,286 ) ( 42,777 )
Total net assets (liabilities): 236,235 188,684
Capital and reserves
Called up share capital: 100,000 100,000
Profit and loss account: 136,235 88,684
Total Shareholders' funds: 236,235 188,684

The notes form part of these financial statements

REGENAGRI C.I.C.

Balance sheet statements

For the year ending 31 December 2024 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 18 June 2025
and signed on behalf of the board by:

Name: Franco Costantini
Status: Director

The notes form part of these financial statements

REGENAGRI C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

    Tangible fixed assets depreciation policy

    Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows: if there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

REGENAGRI C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees

    2024 11 months to 31 December 2023
    Average number of employees during the period 8 5

REGENAGRI C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2024 240,095 5,280 245,375
Additions 99,814 1,528 101,342
Disposals
Revaluations
Transfers
At 31 December 2024 339,909 6,808 346,717
Depreciation
At 1 January 2024 14,949 0 14,949
Charge for year 28,716 1,362 30,078
On disposals
Other adjustments
At 31 December 2024 43,665 1,362 45,027
Net book value
At 31 December 2024 296,244 5,446 301,690
At 31 December 2023 225,146 5,280 230,426

REGENAGRI C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Debtors

2024 11 months to 31 December 2023
£ £
Trade debtors 151,972 103,127
Prepayments and accrued income 3,604 137,273
Other debtors 51,716 24,212
Total 207,292 264,612

REGENAGRI C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Creditors: amounts falling due after more than one year note

2024 11 months to 31 December 2023
£ £
Bank loans and overdrafts 166,722 173,535
Other creditors 126,189 90,042
Total 292,911 263,577

COMMUNITY INTEREST ANNUAL REPORT

REGENAGRI C.I.C.

Company Number: 14596676 (England and Wales)

Year Ending: 31 December 2024

Company activities and impact

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, 2024 showed a healthy growth along with notable carbon footprint reduction by the coffee and cotton farms using its standards. Focused on developing a regenerative agriculture program with rigour and integrity at its core, Regenagri has gone from strength to strength since its inception in 2020. In 2024 the program covered over 1.9 million hectares of farmland; a 67% increase on the previous year. Regenagri also saw a 42% increase in number of farms adopting its program in comparison with 2023 figures, with growth taking place across all regions and major crops including cotton, coffee, tea and grains. This was accompanied by a 47% increase in number of certified supply chain companies; a positive sign of a healthy and growing demand for Regenagri-certified products. In 2024, Regenagri supported its clients in carbon footprint reductions. Farms have recorded an average annual reduction of carbon footprint of 0.50 t CO2e per Ha for cotton and 1.13 t CO2e per Ha for coffee. Regenagri's Carbon Insetting Program intends to provide farmers with an additional financial reward for their essential work. Farmers earn carbon insetting units in return for their regenerative efforts, in which supply chain operators and brands can invest to reduce their carbon footprint within their own supply chains.

Consultation with stakeholders

In 2024 Solidaridad Network Foundation and Solidaridad Network Asia Limited are shareholders and stakeholders of Regenagri C.i.C. 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 2024 Solidaridad continued implementing the Regenagri Program in their programs, and provided input to the standard to improve the standard's quality, based on the feedback from farmers in the field. In 2025 we welcomed the International Cooperative Alliance ICA as a new shareholder. Representing cooperatives worldwide, the ICA provides a global voice, knowledge forum, expertise and coordinated action for and about cooperatives. With an estimated one billion cooperative members, ICA brings a huge network of people, many of whom are active in the agricultural sector, and the potential to expand the Regenagri program even further. In 2024, Control Union continued providing certification and verification services. Working closely with Control Union, and listening to the feedback from our users, Regenagri improved functionalities of the Regenagri standard. In 2024, 329,318 cotton and coffee farms shared their data about implemented regenerative farming practices using Regenagri standards, checklists and the Regenagri digital platform. Regenagri clients are important stakeholders too. In 2024, Regenagri did a lot of stakeholder consultations in the food and fibre sector to improve our standard. Regenagri introduced 36 criteria to assess regenerative practices and measure their environmental impact, and introduced a new set of social related criteria to ensure that farms adhere to requirements regarding child labour and young workers, freedom of association, freely chosen employment, wages and benefits, and health and safety. Participating in sector driven initiatives is an important way to communicate with our stakeholders. In 2024 Regenagri joined two influential initiatives. The first was the Global Coffee Platform, as part of the technical committee. This platform works to create farmer prosperity through innovative, collective action across the coffee sector. The second was the Round Table for Sustainable Beef. This international forum actively contributes to the important conversations around sustainability in the beef industry.

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services was £165,236 Additionally - performance based remuneration (2023): GBP 25,000

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
24 September 2025

And signed on behalf of the board by:
Name: Franco Costantini
Status: Director