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Registered number:
FOR THE YEAR ENDED 30 SEPTEMBER 2025
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B FRESH GROUP LIMITED
COMPANY INFORMATION
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B FRESH GROUP LIMITED
CONTENTS
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B FRESH GROUP LIMITED
STRATEGIC REPORT
FOR THE YEAR ENDED 30 SEPTEMBER 2025
The directors present their strategic report, which is followed by the directors' report, together with the audited financial statements for the year ended 30 September 2025.
The principal activity of the Company is that of a holding company.
The principal activity of the Company's subsidiary undertaking is disclosed in note 9 to the accounts. Global geopolitical and climatic events have continued to exert sustained pressure on global supply chains throughout the reporting period and up to the date of signing this report. In addition, changes in the UK political landscape have introduced a further layer of uncertainty, while the evolving cyber threat environment has required heightened vigilance. Against this backdrop, the Group has continued to prioritise investment to strengthen the resilience, security and adaptability of its operations. These external pressures have reinforced the importance of building a robust and diversified supply network. As a result, the complexity of our operations has continued to increase, driven by a broader grower base and an expanded range of sourcing countries. This diversification remains central to our strategy of mitigating risk and ensuring continuity of supply across all product categories. To manage this increased complexity, we have sustained and expanded our investment in IT infrastructure, ERP systems and advanced AI-driven data interrogation tools. These systems are critical in enabling real time decision-making across our global network and remain part of a longer term, iterative transformation programme. In parallel, we have made significant further investments in cyber security to respond to the increasing sophistication and frequency of threats, ensuring that our systems and data remain protected. A key strategic development during the period has been successfully securing an additional packing facility. This represents an important milestone in our efforts to enhance supply chain resilience and operational control. The acquisition alleviates some of the structural constraints previously faced in accessing suitable packing and warehousing capacity in a highly competitive UK property market. The new facility provides a platform for future growth, improved efficiency and greater flexibility in serving our customers. The scale and pace of these developments have presented a suite of challenges for our management team. Once again, they have responded with exceptional professionalism, leadership and adaptability. Their ability to manage complexity, drive change and maintain operational performance has been critical to the Group’s continued success. Our people remain the foundation of the business, and their contribution continues to differentiate us in a competitive and evolving market. Notwithstanding these headwinds, the Group has remained firmly committed to its long-term strategy of building a diversified, globally integrated business underpinned by disciplined risk management. Despite operating within an often disrupted supply environment, we have continued to perform strongly. Our fully integrated, transparent fresh produce supply model continues to deliver value. Our direct to grower approach provides enhanced visibility and insight, supporting both our customers and our supply partners. This model has enabled the Group to further strengthen its market position and continue to take market share in a consolidating sector. However, the transition towards a more resilient operating model continues to carry cost implications. Inflationary pressures remain evident, driven by supply chain disruption, the use of higher-cost contingency sourcing locations, increased infrastructure requirements and ongoing investment in technology and security. We remain focused on balancing resilience with efficiency, ensuring that cost increases are managed in a disciplined and strategic manner.
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B FRESH GROUP LIMITED
STRATEGIC REPORT (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
During the period, in addition to securing the additional packing facility, we have continued to invest in operational capability, systems and people. These investments underpin a culture of continuous improvement and support our ambition to build deeper, more aligned partnerships with customers based on shared objectives and long term value creation.
As we operate within an environment defined by both volatility and opportunity, access to efficient and cost effective capacity remains a strategic priority. The actions taken during the year, particularly the securing of the additional packing facility, position the business well to meet future demand while maintaining operational flexibility. Risk remains inherent in the markets and geographies in which we operate. However, we continue to apply rigorous monitoring and iterative mitigation strategies. The strength of our integrated model, combined with our alignment with customer values, has proven highly effective in navigating ongoing uncertainty. Demand for our services has remained strong throughout the period and has continued to grow post year end. At the time of writing, this momentum persists. The Board remains confident that the Group is well positioned to respond to evolving market conditions and to continue delivering sustainable growth. The Group has grown significantly in the period, and its continued evolution is above the plan set by the Board. The Group's financial position is very robust with excellent backing from the shareholders and financial institutions. The Group continues to be run by a talented, focussed, and dedicated team of management who continue to deliver exceptional performance. We are extremely positive about how the Group is positioned and that the current performance and outlook for the future remains very encouraging.
The Company's financial instruments principally comprise of cash at bank and inter-company loans, the main purpose of which is to finance the Company and its subsidiary undertaking's operations. In addition, the Company has various other financial assets and liabilities such as trade debtors and creditors arising directly from operations. It is, and has been throughout the period under review, the Company's policy that there should be no speculative trading in financial instruments shall be undertaken.
The main risks arising from the Company's financial instruments are liquidity and credit risk. The Board reviews and agrees policies for managing each of these risks and they are summarised below. These policies have remained unchanged throughout the period. Liquidity risk The Company manages its borrowings requirements to ensure the Company has sufficient liquid resources to meet the operating needs of the business Credit risk The recipients of all loans, including group undertakings, are subject to credit verification procedures by the Board. Debtors are reviewed on a regular basis and provisions are made for doubtful debts when necessary.
Section 172 Companies Act 2006 Statement
In accordance with Section 172(1) of the Companies Act 2006, the Board and Company Directors, consistently uphold their duty to act in good faith to promote the long-term success of the business for the benefit of all key stakeholders. This includes our people, customers, suppliers, and the communities in which we operate, alongside consideration of the environmental impact of our activities and the importance of maintaining high standards of business ethics and conduct.
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B FRESH GROUP LIMITED
STRATEGIC REPORT (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
This approach is embedded within our culture and supported by a continued focus on shared values, trust, transparency and constant collaboration within our teams and with our strategic (upstream and downstream) partners.
Stakeholder Considerations & Decision-Making
While we continue to operate successfully within an increasingly complex and evolving geopolitical environment, the Board and Directors acknowledge the importance of remaining agile and attentive to stakeholder perspectives, which continually inform decision-making and shape the Company and the Group’s strategic direction. This is particularly relevant in the fresh produce sector, where the need to adapt approaches to maintain supply chain resilience, respond to climate-related impacts, and manage emerging responsible sourcing risks remains critical to long-term success. Governance & Oversight The Board is regularly informed of material issues affecting stakeholders through structured governance and reporting processes. Board and leadership meetings incorporate consideration of the likely long-term consequences of decisions and their impact on stakeholders into key decision-making processes. Through our well-established Group Trading Board Governance framework and company-level leadership meetings, stakeholder considerations are embedded in all important decision-making processes, ensuring that long-term outcomes are balanced with stakeholder interests and aligned with the Group’s strategic priorities Developing the Best People Our focus on developing the best people continues to support sustainable growth, underpinned by a culture of trust, transparency, and integrity across our operations and supply chain. During the year, this has been strengthened through initiatives such as the Future Leaders programme, bringing together colleagues from across the Group to build leadership capability and address key business challenges. The programme will conclude in 2026, with outcomes reported to the Board and in the next Annual Report. We also engage employees through a range of formal and informal channels, including annual company conferences, employee-voted values awards, focus groups, line management academies, and a confidential whistleblowing channel. These mechanisms support feedback, recognition, and capability building, while reinforcing our culture and values. Insights from this engagement inform leadership decision-making, people strategy, and continuous improvement across the Group. Supply Chain Resilience & Diversification Decisions Given the scale and complexity of the Company’s global supply chains, supply chain resilience remains a key consideration in Board and management decision-making. This includes ongoing evaluation of climate-related, geopolitical, and operational risks that may impact the continuity of supply, intrinsic product quality, and the ability to meet consumer expectations for a consistent and enjoyable eating experience, availability, and affordability. Decisions regarding sourcing and supply chain diversification, expansion of the operational footprint in the UK, and entry into new sourcing regions are informed by a structured risk assessment. This includes technical due diligence, supplier capability reviews, and alignment with customer requirements. The Company works closely with customers and suppliers when developing new supply chains, ensuring that appropriate controls, technical standards and governance frameworks are established from the outset. This includes early engagement with suppliers, site visits in source countries, and allocating sufficient lead time to support onboarding and effective risk mitigation.
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B FRESH GROUP LIMITED
STRATEGIC REPORT (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
Through this approach, the Company balances growth opportunities with robust risk management, supporting continuity of supply, maintaining product integrity, and working with suppliers to build capability and long-term suitability, while operating within UK market and legislative expectations and delivering long-term value for customers as key stakeholders. Operating Responsibly Commitments & Progress Our Operating Responsibly strategy provides a clear framework to maximise positive social and ethical impacts while minimising our environmental footprint. Structured across Product, Planet and People, it defines our core commitments and priorities. During the year, we have progressed delivery while refining targets where required. Our key commitments are to:
∙Halve operational food waste by 2030
∙Remove plastic and increase packaging recyclability by 2027. (Updated to reflect extended producer responsibility requirements from 2026 to 2029)
∙Reach Net Zero in direct operations by 2035
∙Advance sustainable agriculture certification programmes by 2026. (Updated to reflect new customer-specific risk-based requirements).
∙Ensure fair treatment, and protect health, safety and wellbeing across operations and supply chains
Environmental Footprint
Our environmental approach supports key UN Sustainable Development Goals, including Climate Action, Clean Water, Responsible Consumption, and Life on Land. Progress during the year includes:
∙Diverting 739 tonnes of product from waste streams through a partnership with AgriGrub
∙Removing 133.7 million units of plastic from primary packaging since 2017
∙100% of operational dps sites are sourcing electricity through renewable electricity tariffs.
∙Advancing sustainable agriculture certification, with 94% of growers certified.
While we recognise there is still more to do, these actions, which require sustained and deliberate effort over time, continue to support the Company and Group’s commitment to reducing environmental impact while strengthening supply chain resilience and long-term sustainability. Community Impacts Our food redistribution programme continues to support communities by providing quality fresh produce to those at risk of food insecurity. Over the past year, 4.3 million fresh produce portions have been donated through partnerships with FareShare and City Harvest. Social and Ethical Impacts We remain committed to upholding high ethical trade and human rights standards across our supply chains. Collective action in the UK remains a focal point of our Group through finalising and formalising our membership to the Modern Slavery Intelligence Network and continuing to retain our Stronger Together Advanced Business Partner status, whilst strengthening participation in industry collective action initiatives such as the Food Network for Ethical Trade (FNET) and Seasonal Workers Scheme Taskforce. Outside of the UK, we have funded and supported collective action initiatives in Morocco to improve accommodation standards for farmworkers in key regions such as Agadir, as well as funding in-country worker roundtables to strengthen engagement and worker voice. Looking ahead, this work will form the strategic basis
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B FRESH GROUP LIMITED
STRATEGIC REPORT (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
for establishing a permanent industry forum to advance labour rights and address emerging human rights risks.
Lastly, during the reporting year, in response to evolving, increasingly interconnected human rights and environmental risks, and the potential to impact on both rightsholders' needs and customer brand reputation, we recognised the need to reinvigorate and enhance our human rights and environmental due diligence approach and action plans under our Operating Responsibly strategy. We initiated an independent human rights and environmental due diligence risk assessment, incorporating quantitative and qualitative analyses of existing systems, along with engagement with senior leadership through focus groups and surveys across employees at all levels of the Group. This work was undertaken at an important point in supporting alignment with international frameworks such as the UN Guiding Principles on Business and Human Rights (UNGPs), emerging regulatory requirements, including the Corporate Sustainability Due Diligence Directive (CSDDD), and informing the development of a three-year human rights and environmental due diligence strategy. This strategy is focused on improving community livelihoods and working conditions for rights holders, while building internal capability and strengthening awareness of human rights risks across the Group. In the coming year, the insights from the review will be used to increase customer alignment and supplier engagement, and to support long-term responsible sourcing risk management, ensuring the Company and Group remains true to its aim of doing the right thing and operating responsibly to protect people and the planet for generations to come.
The key performance indicators of the Company are the results and carrying value of its investment in subsidiary undertakings. The subsidiary undertakings continue to perform strongly as per the business review above.
This report was approved by the board on 22 May 2026 and signed on its behalf.
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B FRESH GROUP LIMITED
DIRECTORS' REPORT
FOR THE YEAR ENDED 30 SEPTEMBER 2025
The directors present their report and the financial statements for the year ended 30 September 2025.
The directors are responsible for preparing the Strategic Report, the Directors' Report and the financial statements in accordance with applicable law and regulations.
In preparing these financial statements, the directors are required to:
∙select suitable accounting policies for the Company's financial statements and then apply them consistently;
∙make judgments and accounting estimates that are reasonable and prudent;
∙prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The Company's principal risk relates to the performance of its subsidiary undertaking.
The profit for the year, after taxation, amounted to £240 (2024 - £113).
The directors did not propose or pay a dividend in the current or prior year.
The directors have highlighted in the strategic report on pages 1 - 5, a review of the current year results, future outlook expectations, risks and key performance indicators for the Company.
The directors who served during the year were:
S Francis was appointed after the year end, on 31 January 2026.
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B FRESH GROUP LIMITED
DIRECTORS' REPORT (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
The Company has not disclosed information in respect of greenhouse gas emissions, energy consumption and energy efficiency action as its energy consumption in the United Kingdom for the year is 40,000kWh or lower.
There have been no significant events affecting the Company since the year end.
The auditors, Old Mill Audit Limited, will be proposed for reappointment in accordance with section 485 of the Companies Act 2006.
This report was approved by the board on 22 May 2026 and signed on its behalf.
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B FRESH GROUP LIMITED
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF B FRESH GROUP LIMITED
We have audited the financial statements of B Fresh Group Limited (the 'Company') for the year ended 30 September 2025, which comprise the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).
In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.
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B FRESH GROUP LIMITED
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF B FRESH GROUP LIMITED (CONTINUED)
The other information comprises the information included in the Annual Report other than the financial statements and our Auditors' Report thereon. The directors are responsible for the other information contained within the Annual Report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
In our opinion, based on the work undertaken in the course of the audit:
∙the information given in the Strategic Report and the Directors' Report for the financial year for which the financial statements are prepared is consistent with the financial statements; and
∙the Strategic Report and the Directors' Report have been prepared in accordance with applicable legal requirements.
In the light of the knowledge and understanding of the Company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Directors' Report.
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B FRESH GROUP LIMITED
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF B FRESH GROUP LIMITED (CONTINUED)
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditors' Report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
We gained an understanding of the legal and regulatory framework applicable to the parent company and the industry in which it operates, and considered the risk of acts by the company that were contrary to applicable laws and regulations, including fraud. We designed audit procedures to respond to the risk, recognising that the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery or intentional misrepresentations, or through collusion. We focused on laws and regulations which could give rise to a material misstatement in the financial statements, including, but not limited to, the Companies Act 2006 and UK tax legislation. Our tests included agreeing the financial statement disclosures to underlying supporting documentation and enquiries with management. There are inherent limitations in the audit procedures described above and, the further removed non-compliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely we would become aware of it. We did not identify any key audit matters relating to irregularities, including fraud. As in all our audits, we also addressed the risk of management override of internal controls, including testing journals and evaluating whether there was evidence of bias by the directors that represented a risk of material misstatement due to fraud.
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditors' Report.
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B FRESH GROUP LIMITED
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF B FRESH GROUP LIMITED (CONTINUED)
This report is made solely to the Company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the Company's members those matters we are required to state to them in an Auditors' Report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's members, as a body, for our audit work, for this report, or for the opinions we have formed.
Senior Statutory Auditor
for and on behalf of
Statutory Auditor
Unit 2, Greenways Business Park
Bellinger Close
Chippenham
England
SN15 1BN
22 May 2026
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B FRESH GROUP LIMITED
STATEMENT OF COMPREHENSIVE INCOME
FOR THE YEAR ENDED 30 SEPTEMBER 2025
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B FRESH GROUP LIMITED
REGISTERED NUMBER: 06897309
BALANCE SHEET
AS AT 30 SEPTEMBER 2025
The financial statements were approved and authorised for issue by the board and were signed on its behalf on 22 May 2026.
The notes on pages 15 to 22 form part of these financial statements.
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B FRESH GROUP LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 30 SEPTEMBER 2025
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B FRESH GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
The Company is a private company limited by shares, and is incorporated in England and Wales. The address of its registered office is 14th Floor, 33 Cavendish Square, W1G 0PW. The principal trading address is 57-63 Church Road, Wimbledon, London, SW19 5SB.
2.Accounting policies
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.
The following principal accounting policies have been applied:
The Company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by the FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":
∙the requirements of Section 7 Statement of Cash Flows;
∙the requirements of Section 3 Financial Statement Presentation paragraph 3.17(d);
∙the requirements of Section 11 Financial Instruments paragraphs 11.42, 11.44 to 11.45, 11.47, 11.48(a)(iii), 11.48(a)(iv), 11.48(b) and 11.48(c);
∙the requirements of Section 12 Other Financial Instruments paragraphs 12.26 to 12.27, 12.29(a), 12.29(b) and 12.29A;
∙the requirements of Section 33 Related Party Disclosures paragraph 33.7.
This information is included in the consolidated financial statements of Terradace Holdings Limited as at 30 September 2025 and these financial statements may be obtained from 14th Floor, 33 Cavendish Square, London, W1G 0PW.
The Company is a parent company that is also a subsidiary included in the consolidated financial statements of a larger group by a parent undertaking established under the law of any part of the United Kingdom and is therefore exempt from the requirement to prepare consolidated financial statements under section 400 of the Companies Act 2006.
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B FRESH GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
2.Accounting policies (continued)
At each reporting date the Company assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.
Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.
The estimated useful lives range as follows:
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.
Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.
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B FRESH GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
2.Accounting policies (continued)
The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the Company's Balance Sheet when the Company becomes party to the contractual provisions of the instrument.
Basic financial assets
Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.
Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.
Basic financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.
Basic financial liabilities, which include trade and other creditors, bank loans and other loans are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial.
Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
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B FRESH GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
Estimates and judgments are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
The Company makes estimates and assumptions concerning the future. Actual results may differ from these estimates. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. The directors consider there to be no significant areas of judgments or key sources of estimation uncertainty.
The turnover of the Company for the year has been derived from management fees, from its subsidiary and rental income.
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B FRESH GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
There were no factors that may affect future tax charges.
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B FRESH GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
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B FRESH GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
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B FRESH GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
Profit and loss account
At the balance sheet date the company had entered into group bank cross guarantees in respect of loans and overdrafts. At the balance sheet date the total group facility amounted to the Company amounted to £22,136,000 (2024 - £28,110,643).
Terradace Holdings Limited is considered to be the Company's immediate and ultimate parent undertaking in both the current and prior year.
P Beaumont is considered to be the ultimate controlling party by virtue of his shareholding in Terradace Holdings Limited during the current and prior year. The results of the Company are only included within the consolidated accounts of Terradace Holdings Limited which are available to the public and may be obtained from 14th Floor, 33 Cavendish Square, London, W1G 0PW.
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