2025-03-31-accounts

COMPANY REGISTRATION NUMBER.. 07198367 CHARiff REGISTRATION NUMBER: 1141781 Food Redistributoon Wales Limited Company Limited by Guarantee Financial Statements 31 March 2025 CARSTON ETL Chartered accountants & statutory auditor 1st Floor, Tudor House 16 Cathedral Road Cardiff CF119LJ

Food Redistribution Wales Limited Company Limited by Guarantee Flnancial Statements Year ended 31 March 2025 Page Trust8es' annual report (incorporating the directorfs report) Independent auditovs report to the members 18 Stalement of financial activities (induding income and expenditure account) 23 Statement of financial position 24 statement of cash flows 25 Notes to the financial ststements 26

Food Redlstrlbutlon Wales Limited Company Llmlted by Guarantee Trustees. Annual Report (IncO￿oratIng the DlreGtorfs Report) Year ended 31 March 2025 R•f•r•nce and administrJtr¥e details R•g1St•r￿ charliy name Fcoj RedistribulA￿ Wales Limiied Charlty reglstratlon numbèr 1141781 Company r•gSstratlon numb•r 07198367 Prlnelpal offl¢o ¥nd rqg5•tered Untt S5 offic• ca￿t￿ Busln685 Part( Parkway Cardtff CF3 2PU The tru8ts•• S HwrL8. Cha J Bether C Bray SJ Milbum C Jonas M Ltttbe ML Apwinled September 2024 Appoinled November 2024 Appoinled September 2024 ReswJn8d April 2025 4)point8d Fats￿￿ry 2025 4Jwnt8d January 2025 oint8d November 2024 J Padd¢xk C Smith R Th￿)4$ S•nlor manag•m•nt S Gem10￿- CEO G mo￿n- Head of Op8rnti¢y K Padfi8ld- Head ol Developmenl S William$- Fin8nce Manager Auditor Carston ETL Chartered accountants & $talutOry ouditly 1st Fk(Y, Tudor House 16 Calhedral Road Cardiff CF119U 8ank•r4 The C￿perat￿e Ba￿(. P.0. Box 2XS. Ddf House, Soulhwoy. Skelrnersdate. WN8 6 Trio(lo8. Deanery Road. Brislol. BS15AS The Charity Bank Limited. Fosse Hwse.182 High Streel. Tonbridge,TN9 IBE

Food Redistribution Wales Limited Company Limited by Guarnntee Trustees. Annual R8POrt (Incorporating the Directorfs Report} (tonfftiu•d) Year ended 31 March 2025 Trusts• Statom•nt: Fareshare Cymru's core objective 1$ to redistribute sUry)￿S food to fmnlline tharities and communrty groups, supp)rting people in need while reducing food wasta. W• wth food producer5, retailers, Ind vdunteer5 to ensure go¢)d fwd reaches I￿)Se need ri mc61. Our Board ofTrus188s meet quarterty to oversee strategy. ￿k, arnl complianca wthi18t providlng supprxt to st8ff and volunteers %there we can. During 2025124 we Blso undert￿￿ some work ￿ refreshry our str8tegy the next 5 ye8rs as we face continuing challwoes in lemi$ crf lood surplus. poktral uncertainty and Ong￿n9 cost ol living challenges. As we move into 2025126 we will Jc4( lo expand operations knto ￿Tal norlh Wales, Increase tralnlng and employ8ts.lity SUPF¢J1 fN volunleerg and strengthen 8dvoc8cy fcthl justic and environmental sustainability in Wales. A new 5-yw strategy cover those issues and be finalised In thls new financial yeaf. It is always so enccyjraging to see the quarterty reports Fffesanted to ihe Lwstees al our mtsétlngs that outllne the impact of Fareshare CYMTU'Y achievements, 811 ol which are PLtlkd together into this 8nnu81 In summgry.. Food Redlstrfbutlon.. 958 tonnes ol food I￿lSir1bUted-equ￿alent to 22 million meals. ComrThJnlty Impact.. SupFtyYted 246 ComThinity Food Membors {CFMsl across Wal8s. Indud￿g food banks, homeless shellfjr8. sthoob. aThJ crynrwnty kitchens. Volunteer Engagomont: Engagad over 140 yo￿￿100r8. cLYrtrtbuting than 13.OCKJ hours ol sep4ice. Nèw Partnershlp$.' Expanded partnershlps vAth Itxal authortlles and Welsh food producers. Increaslng the volume and dNer51ty of l¢xd redistrlbuted. Sustsinabilily IniliatNes: Piloted a Iow-emis6K)n delivery T(Xrte in Cardtff and NawporL reducing our rbon foolpxint. We extend our thanks to our funders. portners. voluntee￿. and stsff. Y¢)ur SUPF#Nt enat4es us to make a tangible difference in commUn￿leS acsoss Wales.

Food Redlstribution Wales Limited Company Limlted by Guarantse Trustees, Annual Report (Incorporatlng the Directorfs Report) Year ended 31 March 2025 ObJ•clives and activities FareShar8 Cyrrrru's carity's (￿lects ro4'eds"l are $￿cIfie￿IlY ￿stricted to the following.. al the rellef ol poverty and Ihe WeSe￿a￿On and wom0￿n of gooj nutrition. g(y)d health and soclal improvement arnc￿9 people who are suffering frcfft social, eccffjomic or ernolonal disiress in such Way5 as the Diredovs may kn tholr absolute dis(Vet￿ thirth frt bul parlicularfy through.. li} the colle(on and redistribution of surplus fr￿." and Ill the erwuragemont of men)ws ol the Wb1￿ to undertake voluntary work: Ibl the advancement of publK educati￿ v) wliwlw but not exclusively by providing training in tha v(4vnlary sector, 8nd Icl Ihe furth8r8nce. for the benefrt of Ihe wb1￿. of the (￿SerVatiOn, prolection and improvernenl ofthe physlcal aThJ natural enwronmenl Ihr¢wh the reduction of waste (ln partkular food waste) and Its aifverse environmental impacts. Publk Benefft Thg Trusta•s confimi th81 they have refeffed to lh• Ch8ty Commlsslon's gulL1anc8 on public benefit when reviewing the tharity's aims and objective5 aThJ in planning futurtr actiwties. Fareshare Cymru. focus on lad(ling food povarty, ￿rkIng in partnership kbith k)cal tharilies and community-based organlsali¢y)s, has a direct and F¥Jsitive benefrt fLY many of the most marylnalbsed peop￿ In Wales lindividvals who are homefess, unempknyed, pojr, isolatedl. The charity eng￿e5 indtvidu8ls as volunteers in tts work 8ThJ this is open Io 811 meM￿r$ of Ihe cc¥nmunity. induding the most marglnallsed. Thi5 also wovJes opwrturitKgs lor yo￿nteerS 8nd others to galn recognillon, In¢￿dIng accreditatKJn, for the skills they have &cquired while w0￿1ng with FareSh8re Cymru. In addition through the use of surplus food we are reduang waste and ￿ ducing carbon emisslons. Achlev•m•nts and p•rforniane• Ourlmpa¢t In 2024rd5 We contributed lo the rel￿ of poverty. the advancemeni of public and to the conservalion, proleclion and improvement of the physical natural envlwc￿rnenl 2,276.733 meals crealod 958 lonn88 of lood redislributed 2￿1 tonnes of C02 sa￿￿ 145 Volun188fS ga¥• 13,711 hwrs of the￿ time 246 Charilies and community group5 suppwied acr055 Wales

Food Redistribution Wales Limited Company Llmlted by Guarantee Trustees. Annual Report (Incorporatlng the Dlrectofs Report) (GontrntKéI Year ended 31 March 2025 OurAchlevom¢nts 2024125 saw a continuation of the turbulence that we￿e seen since the pandemlc Sn 2020. As the cost-of-living crisis continues lo impact people across Wales. demand foi our services is sb"Il on the rlse. 86% 01 the charities ￿lmunty groups we supFrtM rewrt thal demand has increased or slgnificanuy increased, and 82% say they're seeing Feople seeknng help for the very first lime. Of those accessing SUPFQrt for Ihe fir51 time, 36% describe Ihemsetves as unempk)yed while 53% 8ro In full or part4ime emplO￿nI, dem￿strating the groW￿g finanaal pressures on worklng people 8nd famlll•s (Fareshare Annu81 Imp￿ Sur4ey 2023-24). The ongoiry effects of the war in Ukraine, the Confl￿ in Israel Bnd Palestsne, and rising running costs have conttnued lo pul pressure on the fcthl industy. In respmse, over the past two y&s we've been focused on finding and imp18m8nting nèw ways to ac¢ess Surplus focKI that wg may not have been able to take belore. This indudes investing in our capocity to h8r)dk more thalknging types of food, helping organisalions launeh ee<Jklng projects lo make belter use ol a wJef varlety of Ingred￿nts, and ¢onb"ntJing our w(Yk wth fooKJ busine&ses through the Surplus with Purpose Cymru Fund. We ¥lso strengthened our govomance during 2024-25 by appc¥nlno six now Tlustèès to our Board. These indiwduals bring voluable expertise 8nd experien￿ 8fXOSS seclors indudlng food 8nd finance, enhanelng our straleglt leadersh￿ and eapacty to d8th.ver cffi our nsion. yeHr, we prDudly r￿1ved the prestigious Sl D8vKJ'5 Awaryl, 8chieviThJ fifst place in th¢ Envlronmental Chomph?ns ￿t￿gi)ry. Addttlonally. we were I￿nOured wlth thg'organlsation of the Yea award ai the Welsh Annual Charily Awards. These awards hvJNight the dedicatKJn of OUT exceptional t•8m Ar￿ underscore our commitrnenl lo advancing a rn Sustainab￿ food system Ihat works for th8 pecgle ol W8ks. At a time when 1 in S adults in Wales face food inseoJrTty, and dimate change is increasingly affacling our envlronmenL otw gerykes aTr vftal lo engure Ioerty goes lo ￿0p1a Instead of golng to waste. R•dlslrlbutlon Kltch•n Wahs The Oemonslraior Phase of the Redistributton Kltchen Wa￿S proiecl continu•d throughwt 2024, with the meal production trial erKllng in May and evaluatKn endlThJ in September. Throughout the trial, lotsl of 5,378 meals were prcJuced. These includ&Y boih individual and 10-serving meals. all of which cont8ined at least Iwo servings of fnjri arHI vegetables and alMJned wth the Eatwell Gijide. ￿1 meals were vegetsrian with onty a small am(wnt of dairy. devekyd In crjlaboratron wlth Cardlff and Vale Public Heatth Dielelics. We realised our aims of trialling meal Fvoducti¢Jn using facditi8s ￿ their downtime at Cardrf and Va Cc41ege ICAVCI,. trlalling meal productlon iwo foc#J Industy partners.. lriaKing a retiJn scheme for meal pad(aging', using a chilled electric van to Iransport between prcJuciion sile and our war8hthJse. The Redith￿￿on KItc￿ Vwdles prc¥&t would not have been FOSSIb￿ withtyJt the support of our partners and wè would like to extend our thanks to: Cordiff and Vak Cdlege Castell Howell

Food Redistribution Wales Llmlted Company Limited by Guarantee Trustees. Annual Report (IncO￿oratIng th• Dlre¢torfs Report) (¢wpth¢d) Year ended 31 March 2025 Crafty PK4(le Whfte Coconut Cardiff BuSin￿S Sthoc Cylchc#3 Cardiff Local Aulhtrity Monm(xjthshl￿ Lo￿1 AJJth¢NIty S•¢ond W•rehous• In 202425. we rLJnllnued lo develop ow second warehouse. I￿U￿1n9 exiensNe tralnlng on the labelling machine, instslling ¢1oan room vonllLg1i￿, and receiving sorting tables and PPE. Th8se pgra(les wll enable u$ lo break down palle15 inlo smaller trays, Increa51￿ the varfety of produce 8vai18ble to ch8rity membws. Trials of these new processes have been successfuly completed. A key milestone thls year was ￿rA¥s￿s1anl Opwatlons Manager. D8n Klng, successfully complellng FO￿ Lrft Truck Inslructcf training. This qualification str&ngthens ￿r inlem81 c8P8(aty lo dellver accradited, industy-$18ndard forkhft training to staff. volunteers. and FareBoosl pa￿dp3nts. Havlng this capabilty inous8 is especially imwrtant for the second warehouse. Whe￿ safe and efficienl fort¢llft operallon is wtsl for handling the increased volume of produr and managing pallet movement during sorting and relabelling. 8y training our team inl8malty. we gn8uro hlgh safety standards and opefalional efficiency, supwlirvj smwther w8rehouse aCts.￿lIes. We are proud to have been awarded a S-stsr food hyglene rallng refiedng ￿r ongolng o)rnmilmenl to high s18nd8rds. L(￿Ing ghe8d. our ￿an$ indude eqUIp￿n0 the cl&an room. expandlng relab&lllng op8ratlon$. and developing F8rgShare Plus. These innovallons wKxease food variety, improve opentsonal efficiency. and better sU￿￿rt our chanty member9. Volunteonng In 24-25, we continued to have a Str(￿9 and engaged volunteer team. 145 people volunteered wrfh us, giving over 13.7 thousand hours of their time, regulady volunleerfng in the d8p)t. We stsrted lo develop 8d8ptsble volunteering rO￿S allowiro delrvery drivers. delivery assis18nts arKI warehouse assistants to ¢xp¢riencg Ihe full range ol our activiiies. Several morg ¥olunt88rs SLtrPPOrt8d us with developmenl research and volunteer admin support. wth our marketing and communwtions placement students. Our team. once again, showed their Mmazing y)$itivty ￿ trnes of fluctuating lojd levels. They showed flexible and generous approath. quitg litgrally going that extra mdo lo got g(x)d food oul to our C(ynmunty F￿￿1 Members. We continued lo work within the Invests'ng in Volunteors scheme. vA)ic helps shape the fvture of volunteering al Fartsshare Cyrrwu. Ihi8 ￿ by the support and input from our votunteer and driv•r panels.

Food Redlstribution Wales Limited Company Limited by Guarantee Trustees. Annual Report (Incorporating the Dlrectoes Report) fconthucdj Year ended 31 March 2025 Vdunteer celebralions were well Ittended and supp￿￿ this year. Events duriThJ Volunleets Week and the Fareshare UK volunteer award5 helped recognise and appreciate the valuabbe contn'butions of our volunteefs. of our volunteers were dellghled to recdve the hKJhty commended voluntsor award at the Fareshare UK vO￿nteer Awards. We were also runners UP wi the Voluntser Awards 2024. Impart Story Al Fareshare Cymnj, our Incredib￿ vdunteers are al the heart of everything we do. With 60 regular volunteers. our mission lo flghl foLxJ waste a￿1 hungw in Waley woukFn't be p)ssible wilhoul them. From picking and p￿1￿9 fixmj in our warehouse lo delivering il across Wales-and even helping with admI￿heY pw 8 vltal rde. By vc4unleedng. they're maklng a dlffwice fc¢ people across Wales and for the environment Here's what one d them had to say... .1 jdned Fareshare Cymru In January 2022. over 3 year5 ago on the recommendation of 8 frlend also voluntaarsl. I was doing s(wne volunleering dsewhere bul didn't feel it wa5 adding valug to anyone's life. In Fareshare Cymru, everyone, staff and volunteer8 allke. Is part of a le8m. working together lor a CcYnM￿ purpose. Everyone is helpful. friw*YIy 8nd h8rd wthing. I never fe•1 like I cannol ask a question or seek help.. Cowt• Volunt••rtng We have expanded our corwrate vO￿nte8￿ng prrwamme ssgnificanyy this year, hoslh)g 39 volunteer days and welcoming 144 ern￿oYeeS to contribjte thar time and skills. Each corpcTrte volunteer plays vital role. becoming an adVo￿te for our missim and hdthg to share our story across Wales and beyond. Oesptte ongdn9 challenges, Ihelr d&alcatiM h88 b￿n Invaluab￿ In dth'ng forward our expansion and improving our ways of VKJrking. We 8180 wamty wefcome vc4unteerfng days from all our suWi8rs at the waT8houye. Puffln Produce Ltd. a key path¥r with bolh IDral and national reath, wwted our facility. This visit pro￿ded thom wrth valuable insighl into how their sury)lus food direcuy benefits Community Food Membws throughout Wales. strengthenlng the connection b8Wn thair support arKI the impact it craates. Food Sourclng 2024-25 saw Fareshare Cymw wryessfijlly redlstrfbute 959 tonrw of food, of lthlch 769 tonnes were surplus, equaling to approximately 2.28 Mill￿ meaL8 provided to vulnerable indNiduals across our communthes. We %Jx)uld like to thank our long-standing and n￿Y onboarded food partners fc thelr continued collalyntbn and ￿¥￿MItManL Thoir SUp￿rt has been instrumenial in enablSng u8 to ath Ihose most in need. The demand for our services continues io rise. h￿h[l￿ting the hnportance of sourang more fc￿ and e$tsbli¥hing new supplier rdalionship5. Our strategic focus this year has been on strenglhening engagement ￿th both local and natiC￿al partners to increase the volume and consistency of surplus donab"ons. This induded srte wsits and collaborative meetings wrth partners such as 2 Sisters Fcod Group during WLyld Environm￿1 Day, Princes, Compleal Focbj Group. Tovali Ltd, and othw5.

Food Redistribution Wales Limited Company Limited by Guarantee Trustees. Annual Report (Incorporatlng the Dlrectorfs Report) Year ended 31 March 2025 Impact story At F8￿share CyThru, we wert ckw wmh Wdsh food 1xtsiness￿ lo ensure good lood reaches the people who need ri mc6t. r&luung waste and tsd(ling f￿d inseajrity. One SLKh pather Is Tovali Squash. a famity•run ￿SInesS b3s&J in Carrnarthen, who g￿erOUS￿ donate their squash to 8UPWt our V•L)rk armss Wales. Karen. ITOrn th• third generalion of the Tovall lamty. explalns: 'Glving to FpthShar81s Important... It mlght ￿ a bolde of Squash. but for some pecWe, il's a luxury. For Tovall, donating their prcrtlucl is 8 meaftingfvjl way to ¢oAln'bute-oflering more than just the basles 8nd helyng people access Ite￿ they might otherwise miss out on. It was a r￿-braIner to link in with yw. It didn't ￿$t me anything to grft it. because you made It $0 easy." With a strong cc¥nmilm8nt to [￿0d￿ang localy in Camiarthen. Tovall's vakn8s allgn vAlh ours-supporting Welsh ￿Sinesses. reduang f(•￿ waste, and ensuring 5urplu$ focA4 banaffts communlt6es across Wales. S￿￿lus wlth Purpose Cymru Fund Fafeshare Cymru would like to express our deetesl gralilude to the Welsh Gov8mm6nl for its conllnued supp¢)rt ol the S￿￿U5 with Purpose Cymru ISWPI hjnd. This inv8KJ8blo fvnd ¢na￿eS Welsh businesses lo fjonale surplus food Vithoul Incunlng addrb'onal cost including pacaging, labour. labdling. and tr8nsprtation. Since April 2024, the tund ha6 Su[p￿￿d tho redistribution of an impressNe 342 tonnes ol frnsh produce induding Cuc￿Mbers, polatoes, cauliflower. and milk. ThSs prevenled Ihe roleasa of an eslimateij 1,058 lonnes of CO2 emisslons, vh)th would have ocvJrred had the food g¢)ne to landfill. Those efforts have supported the ueatN)n of approximalely 814.285 moals. dl$tn'buted to people faclng food Insecurity acrc4s Wales. One Th)table partner occes$od Ih¢ SWP fund this year is Bremende Is81 Farm. based in Carmarthenshife. The farm is currenlty trialling an initiative to grow high44uality produce Ioc811y for local ccrfnmunitie5, reduclng Ixyth dependency w k)ng dislanr S￿￿lY thains 8nd relatad carbon emls8bn8. "Thls fund hgs been aosolulety inslrumental in dNerting surplus from w8s19. ft WBS 8 lifehne to have third sector route with no limtt on numberof cucumbers it could handle. In todays econ¢)mk climate. il was so good to kr￿W ourproduce was gomg where rt was really needed.. EmployablHty SinGe its inception in June 2024. wr employatility Programme has made s3nificanl strJes suppK]rting individuals facing barriers to empkJymenL ByAwil 2rHI 2025. the prLYJramme has successfulty enrolled 21 partldpants, with 9 p8rticipants completing all accredited qualffjcations and 6 transrt￿lng into sustainable empkJym8nt opwrtunrties.

Food Redistribution Wales Limited Company Limited by Guarantee Trustees. Annual Report (Incorporatlng the Dlrectorfs Report) rGonthv Year ended 31 March 2025 Currently. 9 participants remain athety engaged in the progr8mme. beneffting Ircln a cnprehensive curriculum that includes ern ￿0Ya￿l￿ workshops, practical skills training. and t8iloreAI K%ell-being supput. Key 8chiev8menls Include the establishmwl of wlal partnwships. such as Trhth Maximus. and the inlroduclion of holistic wdl-being InitiatNes like yoga and mil￿￿1￿esS sessions. Challenges, including recruttmenl dmnculiles and traSnkng delays, been èff•cti¥ety mitigated through collaboratwo effort8 with Jobcentre P￿s. Serco Res18rt Sthem8. and travel suprx)rt whw8 n8c8ssary. Looking ahead. the programme is rM)sitioned to expand its impact with the launch of Ilfe skills wortshops, upcoming in.house forklrft training. and On9￿n9 development of referral partnerships lo bolster participant recwitment and support SUsta￿ed job outccffles. In summary. the programme's inaugural ten months have lald a robust foundalon for firture growth. emphaslzing c<￿￿nued ccmmitment to partiClP8nt 8ucuss and wtyramm8tic exce#ence. "&nce ltre been on this progr8mm8. my conlldence has grown. By the end oflhis programme I hope lo gét a Iofklift IK8nse and prcgress lo b8 a I0￿1rf1 operatorf Communlty Food Mwnb•n In the 2024-202S year, FareSh¥re Cymru continued to grow its ne￿rk. supporting charflles and cwmunily groups aryoss Wales. Throughout the year in S￿th Wales, F8ffjShwe Cymru supported 174 Lvganisattons Cardmf, NewpcKI. Bridgend. M8rthyY Tydfil. Caerphilly. R￿)ndda cYT￿n Taf. 8laenau Gwent, Torfaen. Vale of GIaM￿gan. Swansga, Neath Port Talbot. Monmouthshlre. and Camarthenghlre. We are immensely proud lo partner Wtth these org8nisats"on5 that use lood as a means of support In they communities, offerfkvJ mcn than Susl food, trArt akn vllAI soclal s8rvlc8S. In North wa￿$. Fa￿Share Merseywdo continued to 5UPPtyt areas such as Anglesey. Cormy, D8nblghshlro. Flintshlro. Gw￿￿d. aThl Wrexh8m. seNThJ On addltlonal ￿l￿P of partner5 ￿ Ihe region. We are honoured lo work wrth a diverse ral￿e of mtmbers. kndudlng homeless hostels, luncheon clubs, ¢ooknng Kogrammes, communty P8ntries, trK)using associatsons, food rxJknOPS. comfflunily cafés, and support Servi￿ rLm by churthes, mosques. s¢hooLg. and ￿mMunity centres. Our relations lthst Wales have also strengthened. Twne wa5 spent in the regkn reaching out to new members and buildiThJ str(￿g working relalK)nships ￿th Prqects ¥￿th￿ Carniarthenshire County Councsl. Thi5 expansion further reinfcfces our commitrnent to $upw)rting all regions of Wales in the ghl against fwd insecurity. Our membetship began 8 transfomwUon year. théven by a slgnmcant, albeR $k)w. $hfft in Ihe type5 01 fo(MJ becoming surp4v5 to 5upplier5' needs. To resFK￿d to this. we introducèj new ￿aTr3 lo onsurg more CFMS are equlpped to (un ¢￿￿n9 prc¥e¢ts. This induded $¢veral online drop4n Se$s￿nS. as well as inyrson visit5 both to our CFMS and from our CFMS to our warehouse. These ellorts hav8 enabl￿ CFM5 to SUPkK)rt an even grealer number of peoFAe in their crynnlunrties wFu"le Fyornothng sustainable Prad1￿ in f￿d prtxluction and di8tribulion.

Food Redistribution Wales Limited Cornpany Limited by Guarantee Trustees. Annual Report (Incorporating the Directorfs Report) (conttnts￿J Year ended 31 March 2025 It's been a prfvilege to strengthen relationships with membgrs and witn8ss the arnaziThJ work hap￿ning in local c¢ynmunitiès. Faresharv Cymru is prtyjd to have k)anpd 11 pop-up kitchens lo our members. These kilchBns alknw CFM$ to take more cotering food products aThJ provide addIt￿nal SUP￿ for their Ioc81 communilk8s. Th8 kitchfns hav8 b88n usad for C￿king prcxJramm8s, luncheons, workshot6, and more, Their impact has been slgnificant. and we have already received positive feedback from CFMS who havè uiili88d them. Addition81ty. we held three c(K&#vJ sessK)n8 cur talgnted thef, Lucas GL￿n￿lIe-Ell1¥. who laughl our members how to cre8tivety use the food in siock and makg the most of the kitchen farA1￿¥s. Th• laédback from Ihesa sesslons was overwhdmingly posltive. The demand for food supprKt has never be￿ greater. wilh many corniUn￿.e¥ lacry increaslng need. H￿￿ever, we've faced signrficant challenges. including Ituctualin9 food avallability an¢J rlslThJ operational demands. Despite these h￿rd￿y. our dedicated team, volunteer5. and partners have worked together to ensure conts.nued SUKPOrt lor our CFMS, navigating these chgllengas with resilience and adaptability. Looking 8head, our cwnmitmenl lo ensuring no goc#l food goes lo wasta rnmains at the fc*efront of our mlsglon, ond we 0￿ detemiined to ¢onOnue dri¥iThJ po￿tiVe th￿ge In the communiti89 wa work wlth. ImpKt Story "The shared experience olpreparfng and enjoyrfiig me818 together slrenguiens the bonds belween np8nions' One th8rity who re¢elve weekty Fareshare Cymru d¢livorios is Emmaus South Wales In Brtdgend. Emmaus supports people experiencing h(ffiglessness by providing o rojf ov8r their heads and welcoming them inlo 8 rnmmunty from wthith they can lean on and contrlbule lo, as U)ey rebuSld their Their community house. Nant Lais in 8ridgend. is des￿￿ed to be supportive and commun81. Companions al Nant Lais gel invofved in the kitchen to prepare meals for each other so that ¥very day they can ccffie horne lo a hot meal. Wilhin the h(￿Se, this helps lo fosi•r a of o)mrnunity and mutual sUp￿rt amongst the companlong. Claire. who works for Emmaus. explained. tlaity tr8d1b'￿ ensurns that everyone has a nutritiOU8 meal and an opwrtunity to connoct with èach other." 'The shared experience of prgpaying and enjoying meats Irwher strength￿$ the bonds between ¢ompanK)ns. It create5 8 supportÉve and induswe enwronment Whe￿ everyone feels valued and connectéd." Al-Ikh18s Centre l AJ-Man8r l Arts Fadory l Banc Cwmaman Foc¥J Bank l Baobab Bach Sandfields Crxnmunity Panty l Barc Community Outreath I Centre Beauforf Cenlre Bethel Trust | Port Taltot Bethlehem Church Communrty Gr(￿P | Brackla Primary Schcx)l B￿Cethin Community Centre | Bwyd i Bab￿1 Iysgol 8ro Banwl | Cae Rovland Pantry Cafe fyfu- Barod | Cak)n-y-Cwm | Baobab

Food Redistributlon Wales Llmlted Company Llmlted by Guarantee Trustees, Annual Report (Incorporating the Directorfs Report) (withiwrfl Year ended 31 Ma￿h 2025 Bath Panlry | CènoW8n Maertly | Cast￿land Ci)mmunityAss0cia￿ | Cefn CrilMT Community Pantry | Cefn Fforest Primary Schod l BBB Central Primary Scknl | 88B Centre forAfn"can Entrepreneurship I Cetma I Colcol Primary School | Community Volunteers Wa￿S | Costar Partnership | Cwmbran Centre For YourwJ People ICCYPI I Cwmfelin Primary Schcol I Cwmfvdoer Primary School l BBB Cwmltynfell We￿are Hall | c1￿Ch Angels thrgavenny I Cylarthla Park PnM￿ SthtJ)I | Duffryn Community Link Duffryn Communrty CentTe | Fabric Foundation | FaKwater Piimary School | Fam5 Action FOOD Club l FAN CommunityAlliance l Felinloel Family Centre l Fir Tree Community Centre I Food Cyde- N8voort Foc¥J5haTe | Uantwt (Glamrgan VokJntBry Services) | Foolhold Cymru I Gamsychan PartneTshlp | Gellkjeg Foun¢atrt)n | Group Merthyr Tydfil | GlenwcoJ Church | Glyr)coGh C¢ynmunty Regenerdlion Lld.l Goteixly Community Fiidge l Hangar Comrnunty Hub | CIC Helping Hands- VOGC | Community Investrnenl team Hethrt Thompson Primary | Hope ChLJr¢h Merthyy | Hope St M8llons Pantry {CIOI | KPC Youth & Community IBacthbl l Llannon Community Cwnril | Llanrumney Hall Communty Trust l Maesleg Baobab Bach Panty | Maindee Prim8ry School I Matthews House l Merthyr Tydfil Institutti for the 81ind IMTIBI | Mithael Climer Legacy Fund | Myrtle House | New CadcJs Com•r Davèbwent Group l Oakdalè Christian Centre | Ogmore Vale Primary School | Panleg Em￿oyeeS Club | Pilbwenlly Millennium TNst Ltd I Porthcavl Community Panty | Rainbow Cale FOOD Club l RCCG Vineyard Chapel | RCT Hèart Horoos | Rwr Church Wales I Rurnney Forum | Saler Wales | Sharon Full G05pef Church | Sithowy Val￿Y Hub CIC ICal8rfngi I Skety Food 88nk | SOS Shettefs WALES I Splott Comrrwnty Volunteers Sl Gwladys H811 I Swansaa Communty Farm l Tabemade Baptisl Church l Tavs Centre Cardiff Teen Challenge H￿e House l The Bridge Mentoring Plus Scheme | The Fortif￿ City of God l The Good Food Hub l Tho Panty YCBI Thornhlll 4 U | Threshold DAS Llmlled | Tlfs and c￿m￿nIty Group l TLC CAFE RISCA I Whiterose Infomialion & Reswrce Centre | Wyesham Christian Fellowshlp Church FOOD cl￿ | Youth Centre Cefn Hengoed Ysgol Gynradd UandÈrk) Primary | Ysgd H8n Felln Tremains Pdm8ry School BBB Treofchy Primary Schix)l BBB l Trtn8nl Primary School | Tfowbridge Panty | Ty Fforest R•sourc• Hub | UK Islamic Mission11 care Newport) Fts)d Proleci I Vemon Plac8 Comrwnity Hub | Victory Grcw St￿e I Vineyard Churth Card Fundr•tslnq Thank to Cljr sUpp￿t￿$ We would like lo sinuraty thank w funder5 for Iheir vital support throughout the year. Thelr conlritryJtior6 have been cNaal in ￿abling us lo effitinue our ork acro88 wa￿$. espeoally during a me of growng demand. We extend our gratilude to the Weth Governmenl. tho ￿￿)ndant￿ F￿n￿allon, and the Walerbo Foundatlon for ttelr ongoing suFwrt. Their funth'ng has helped maintsin the stabslity and grovAh of our services throughout th9 year. We woukj a150 like to Ihank The Hrxlge Foundabon for trir gonerc￿ ccrfnmitment. suppcrfling our IA1 Expan￿On pr￿eCt. This fvnding Vil h9¢> us sco19 cwr operaticfts and inuease ovr impact across thg county. As we look to build long tem support our work. 2024 saw the launth the 1K Ckjb. a new In￿ll￿8 to seojre ongoing wp(nte 5UPP¢Xt for FarèSh8re Cymnj. M•nbers commrt to donating £1,000 10

Food Redistribution Wales Limited Company Llmited by Guarantee Trustees. Annual Report (Incorporating the Dlrectorfs Report) fwlln Year ended 31 March 2025 annual￿ and recerve recogniti￿ on our websile and ￿￿331 media. as well as a dedicated lisb'ng on the 1 K Club page. Corpor8le p8rtners in Ihe 1 K C￿ts can also use the Fareshare Cymru logo to showcase their commitment to enVir￿ments1. srfial. and govemanee (ESGI goaLs. Members are invited lo exclusive 8nnual events and receNe quarterty impact reports to See th8 difference their support makes. Addttlonally. the Snnlauve offers two vobjnteering day3 per yearlcf staff. [￿vIdIng valuable opportunib85 for (x)rnpartrie5 to engage direclly with our mission. The 1 K Club marks an imwl8nt slep in lyJikling185try P8rtner5hip5 that strengthen FareSh8re Cymru's wortt and promola corpKJrète sodal reSp￿sIbIlity acr(￿ Wales. P•rtn•rshlps Our ongoing colLaboration Vith Cardiff Unl¥8rsity conllnues lo strerWfjn our ImpocL Th￿ year, students SUPF(Jrt8d our mi8sion by researching and a report on th8 social impact of the food we redistribute, wrth a locvs on Impyoving how we measure and cofflmunic¥te this iryacL We also ¢￿tinUed our partnership wlth Cardiff UnNerwty 8vsine55 School to (urttttrr develop the Communty Food Provision Map. Now bein9 expanded to inC￿￿e West. Mid. and North Wales. map Jenliffes our cha￿ty members, Tru5sell T￿￿1 F¢)od Banks, and independent lood project5. helps highl￿￿1 gap8 In l￿d wovl8lon acr088 the reg1r￿. gubding mora effectyvo 8Upk￿ where ifs needed most. Ev•nts •nd R•pr•s•nt•tlon Throughout the year, we have remained active members of key nthorks and working groups 8cross W818s, helping to shape ￿nVersa￿.0ns and acb.on around food povety, susl8inability, and communlty food syslems. These include Ihg Wasgs Antiovoty Coalition. the Cross-P8ty Group on Povety. Cllmate Cymru, Food Cardiff. Cardiff F¢x¥J Povety Working Group, Cardrff Communlty Food Cc4lective, Food Vale Neiwork, F¢>Jd Vale Steering Group, Vale Food Povety Working Group, Llantwll Malor Foo(l Accegs Project. RCT Fc)d Steering Group. Brpjgend Food NetsYorf¢, Torf8en Sustainablg Food PI8c8s St88ring Group, Merthyr Ftxjd Prosperity Network, C8erphilfy Food Network. Swans8a Food Poverty Nelw(xk. 8wyd Aberta￿ Steering Group, and the C8rmarthenshire Food NeNYork. We also had the privil¢ge ol attending and conlritything lo a vAde range of events. At the Circular Economy Hotspot Conference. our CEO ioinad a pan81 discu￿r￿ on lh8 impu&nc8 of ccffjmunity involvement in the circular economy. We also hosted a site visil during the conference, where delegales experienced our op8rab.ons ffirst-hand. other key events induded the Castell Howell Trade Show, the Royal Welsh Agricultural Show las guests of Food and Drrnk Wales and Tescol. the Su51ainable FODY PLgces.' Food in Communili8s Conference. the Swanse8 Green Economy ConfererKe witr¢ 4TheReglon, 8nd the Brldgend F(x)d Summil, where our Community FLKWJ Mernbofs Load faThlitsted a w¢Ykshop titled 'FoLMI for tha Plan81 - Ta¢￿Ing Ihe Cknmate and NO￿re Emergency Through Sustainatle FOCKJ. Farmirvj. 8nd an End to Food Waste."

Food Redistribution Wales Limited Company Llmlted by Guarantee Trustees. Annual Report Ilncorporatlng the Dlrectorfs Report) (¢onUn Year ended 31 March 2025 A highlight of thè year was the ¥￿1[ to our wareh￿88 M 17th Febru8ry 2025 by Deputy First Minister of Walès, Huw Irranca-Davies. and Cabinet Secretsry for Hwsirvd L￿1 Govemment, Jayne Bryant. The visl prowded a valuable OPPKYIL5nty to showcase our mission in action. They met our vdunteers. leamed about our pLqns for the year ahead. 8nd even got hands-on exper1ence in the warehouse During their visit. they also spc4¢8 wrth our Eft¥Aoyabdrty Lea(1 and one of our FweBoosl participants about thè programme's ro￿ in helping peop￿ gain skilLs and move inlo employmenL At our second warehouse, we d8ml￿trated our tabolling machlne and discussed upcoming developmgnts. indudlng rdabelling op8ratrons. the dean room. and Fareshare Plu5 Opportunities. Tho visit gave the ministers a eompr8henslv8 viaw of the impact of thelr funding and how it 5UPFKMts our goak of ￿'nging communibe$ together, reduang food wasts. and addres&ng food InSe￿rity ac¥oss Wales. Fln•nclal r•vl•w Revlow of th• Iln•n¢l•lposldon •t th• •nd orth• •ccountlng perfod Overall incom8 incroasgd sli9htty at £1,342K compared with £1,294k in the pwous yèar. Memtrship lees deueased slightly Irom £302k lo £280k. Faresh8re UK fundlng decrease by £45k. These decreases ￿Te off5el by an additiunal captsl grant from We￿h Govemmenl, which enabl8d the replacement of three of our aglng v8n8. Expenditure increased by 15% from £924k In we￿(XJS year lo £1.064k. This wa¥ mainty due 10 8 8ignlflcant Increase In sU￿lUs wlh Purpose ynding funded by lh8 Welsh Govemmenl £84k gnd an increase in slaff costs rdating to the SBRI kitthen project and the recruitmBnl of 8 dedicated Fundraiser. Overall, we retained a su￿lUS ol IrKome over eyndllurg of £277k. whlch has been utslised to Increase the General R•sgr¥fjs. R•s•rv•s polley The Board has a target pLqi¢y of Trtaining at leasl six to iwelve month5 of ordinary ongoing expenditure. &x lo twelve n￿nthS of running costs W￿ld enat)le the chènty to function, and staff lo draw salarie5. for o pericJ commensurate with tr￿lT notice period and wwld allow the charity to ensure all dOr￿110nS and c*aritable fvnds hav8 been delwered lo the recipient projecis. Al the year end unTr$trtcled reseNes were £2.282.208 {2024". £2.081,0681, of whi¢h designated reserves amounted lo £1,076.$4712024'. £1.120,8361 reSU￿.￿g in general fvnds of £1,205,661 12024.. £960.2321. Reslricled res6rves amounled lo £388.830 {2024.' £312.2341. The level rf free reseryes aV￿lable w89 £1.205.66112024= £960,232). 12

Food Redistribution Wales Limited Company Llmlted by Guarantee Trustees. Annual Report (Incorporating the Directorfs Report) (¢onttnu¥ Year ended 31 March 2025 Risk m•nag•m•nt Fareshare has a risk Mar￿arnent slrat8gy Ihat centr8s on mairrtainlng a risk regsler. The initial identiftcation and assessment of risks is done by the Management and the Board of Trustees. The trustees r8view the risk register on a regular basis.. they consbder how Ihe risks interact arKI where lo priorI￿se millgating actions. The main categ￿leS of risk Identified can b8 s￿ented into the fc4kn¥ing main 8r88s.. Fotsj safaty- Food redistribution is the essence of vthat we do. Focrtj safety. its traceabllty and over811 handling ere at the core of bcth our rniS￿On and our reputation. Mib"galion.' Our policies and procedures enable US lo maintain th8 highest stsnd8rds as 8ny lapses would ullimaldy compromlse position of irusl and expert authority wlthin the focéj industry. Loss ol key staff - F8reShare Cynwu has 8 small staff taam and the IOBS of any key Indlvldual would b8 slgnlficant. Mth'98tion'. We ensure Ihal slaff are able to CLY￿1 a variety d tssks. Putbng a succ•ssiw plan in place. Securfng surplus food- We Tety prim8ri1y on Fareshare Uk our supply of fwd. Th)sa supplies of food are potenllally vulnerable to commercial cOm￿tItIon as w811 as amemalve uses such as anaerobic dvJ8stion and animal feed. Miligation." We have recruited a Food Sourcing C04Jrdknator 8nd work dos8ly with FaTes￿re UK to reduc barrierg to acceptiig food. This 18 also addressed by wr target r•swv¢s policy of aimry to cover six to twofvo rrN)nths ol ordlnary oTrJoing oxpendrture. Operatlons- Fareshare CyThru operates a L￿sY warehDU5e with pclenlialty hazard￿S 8qLtipm8nt such as Icrfklwt trucks and walk.in frfjdges and a freezer. We h8ve t&)th office-basvjd ￿nplOyeeS a5 well a5 extemal ¥O￿nteerS coming to WO￿ at cvr srtes. Mitigation.. We maintain an up-ttxtsle heath and saf8ty manual and ensure consistent communication through trainiThJ and induction programmes. In dditlon to Ihis. we have carried out dlsplay screen equipmenl audits for all employeeg 8nd conduoted a rfsk a$se$smenl fcf lone rrfker5 in the dewt, worknng fri>m home and traveNing on works buslness. Existing fisk assessments have been rewewed and updated. Afire risk 8s5es$mnl has b88n Car￿ed out Trmth quotes ￿lfig $￿gm for remedigl acilon. Income generation- A18rge propcx1ion of our income is from grants. much of which is short-term. The Iruslees wgularty revi￿ I0￿sIS to ￿8￿jra wa ar8 able to adjust our expendrtufè to dtsal with changeg in projected revenue. Mitigation.. We aim to increase our pro￿ts"0n of earn￿ income over time as can be sean with the increase ￿ MeMbe￿h1p fees. Pl•ns forfuturn purlods Next year our aim to continue to sUPWrt local organisation5 that SUPPKIrt thckqè in n8ed. wh5151 prov￿Ing an ethically. environmentslty. and economicalty sound soluts'on to the fr￿ ndusty. contn.bute towards 3 Mllllon me•ls 13

Food Redistribution Wales Limited Company Limited by Guarantee Trv5tees' Annual Report {In¢orporating the Directorfs Report) Year ended 31 March 2025 Support 270 eommunty oryanisations and chariti Redistribute 1338 tonnes of food Save 3939 tonnes of C02 S8ve £1.5 mlllion tor th• Thlrd Sector In Wal Structur•. gov•rnance and manag•m•nt FareShaTe Cymru is the tradlng name of Fo(MJ Redlstribullon Wales Ltd. It i% o charitable c<Jnp8ny limited by guarantee Ino. 071983671. and registered with the Charity comm18s￿￿ as a charity in England an(J Wases Ino.11417811. Farfjshare CymnJ was IncC￿Oraled in 2010 and is gov8med by rts emorandum and Artk4es of Associalion loptèd on 22n(J March 2010. We bogan operaticfjs In July 2011. The Trustee5, who are also director5 and members of the d￿rilable company. arè Ilsted on the prevlous page. Each year. one-third of the Irust8es retire from office but may stand lor r8-8lectlon according to the procedures set in the Memorandum and A￿8$ olAssodatk)n at the next Annual Gener81 Meeting. Tnjstees are rec¥uiled wlh a r8nge of skills and 8xp8ri•nc8 that is needèd best lo ensure si)und wvem8nce and gtrong pro9￿$¥ towards the charity's mission and #Ims. Newly 8ppoinled trustees receive an 5nduction that includes making them aware of thwr18gal responsibitttO•s as well as F8TeShore CyTnnJ'$ p¢ll¢les, dèeislon making rKoc8ss88, strat8gic plan and relxnl flnanclal performance. All trustees give tsir time wluntwily 8NI receivo no benefits (x expenses from tho arsly. The Trnslees. wè also directots and merrth ofthe tharitablg c<¥npony. are IiBted on the previou5 page. Each year, one-third of the trusleos retlre twjt may stand for re-8l&cilon accordlng to the pr￿edu￿$ set out in the Memcygndum and Art￿leS ofAssoelatk)n at the rsext Annual Gèneral M8•ting. Trustees are r8cnJited wilh a Tange of 5kilLs and experien¢x th8t is needed best lo gnsure sound govemance and strong wogress trmards (arlty's mlsslcffl and alms. Newly appointed Iruslees receive an inductM)n th81 indudes makiny them awa￿ of thar18gal responslbillties as well as Fareshare Cymru's pollu￿. ded$ion maklng prctesses. strategic plan and ￿cent financial perfomance. All trustee$ give Iheir lime voluntarily and receive no benefits from the tharty. Any 8xpenses reclaimed frcffn the charlty are set out in r￿le 10 to tho &￿UnIS. Ory•nlsatlon The Trustees Ic*3ether constStule the Board that ￿ Far8Sh¥e Cymw's goveming Lxw. The Trustees approve the strategic plan and annual budgets of the chaiity as well a5 oversee pc41cy. They also provide oVerS￿hl on matters of finance and audit. risk and bng-term sustainakn'lity. The staff team, led by the CEO, is respO￿ble ftjr implemenb'ng the stratw4y and for progressing t¢)wards agreed key aims and objecli¥es. Staff P•y Policy Our approach lo staff pay is design￿} lo ensure that we cgn attract and retan recruiting hIgh￿alIbre people to represent its interests. We abo bdieve in rewardiro staff fairty for the job5 th8t they do and fostering a whsitNe working emironmenL and we believe our Sal8￿ and our t8mis and conditions 14

Food Redistribution Wales Limited Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directorfs Report) (l¥vtht￿dJ Year ended 31 March 2025 reflect this. P8ople are enwloyed at Fareshare Cymru on the bas￿ of the specific skills that they bring to their parti￿lar mle. For Fareshare Cymw to run successfijlly. a rarye crf skims and disciplines are required, and we need lo pay appropn'atety to ensure that ￿ can recruit people V￿th the right th115. We also need to retain theln in B competitive market where thwr sknlLs are readity transferdble to other organisalKins both In the voluntary sector and in other sectors. Fareshare CyThru flmily believes in tying to retsin staff for the long-term, developing them and benefrfirrfj Irom their growing knowledge The kJw8St rata of pay is 8lways at least the INing wage set by the Lmno Wage Foundafjon and lakes into aco)unl the fate ol inflation and organisalbon 3ffordability. Annual in¢re8ses a￿ SU￿e¢t to approval by the Board of Trusl8e8. F•rnShr• UK Fareshare Cymru is part of Ihe ForeShar• UK no1￿rk. This means that we have adopted the Fareshare UK focy safety manual and tts HACCP policy and wocedures. We use the Fareshare UK Glao¥s Online Management Systeffl to rec#Nd Inc4)mi￿ and outgoing food as well as Iheir ¢)nllne system lor Volunteer Managèmnl and Communlty Fc*)d Member Management. In addition we agree to follow thwr ￿ndIng gu>Jeline8. Fundratslng Appmxh This yeaf our Irtcome camg from membership f88S. 9ov8mment, twsts and foundations, corFtyalè partners and individuals. We are grateful lo ev&y 8UPPOrter and Icff every gin we rece￿. All our fiJndTaising is managed by 513ff and volunteers. The amount ol mmey that ￿ raise from indNidual81s small Iless than 1%). We Also hava 8 croK￿fundaT page th81 enccw8ges peopk8 io donate Iheir Nectar Foints. Research was d(￿8 on which plaNorms were b8St to use and JustGiving was declded on due to 115 credits"lrty. We do not empkny 8ny profesSic￿￿1 fundraising organisalw)ns and roc¥ived no ccmplalnts about fundr8i9ing kYactice$ or 8Ctivtties in 2024-25. 15

Food Redistribution Wales Limited Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directorfs Report) (Gonllnued) Year ended 31 March 2025 Trustees. re8pon8lblllUe8 8t•tom•nt The trustees, who are also d1￿CtOrS for the purposes ol company law, 8re responsible for preparlng the trustses, report and the finanual statements in ac(thanc8 with appI￿able law and Unit8d Kingdom Accounting Standards (United tQngdcffl Generally Accepted ActJxJnting Practice). Comp8ny18w requires the tharity trustees to prepare ffinand81 statements each year thich glve a tru8 an(i fair view of thg statè of affairs of the chariiab company and the incoming resources and ar¢licali¢)n of resources. induding the ￿cOme and expefKJilure. for that p￿￿. In yepariry Ihese financ4al statements. tho are requi￿￿ to." selg¢t suhabl8 acccxNlng pollcles and then 8rdy ¢hem ¢(￿lstenty. observe the melh¢)ds and principles in the apph'¢abb Charilies SORP 2019 {FRS1021." make judgments and accountlng estimate5 th81 arn reaswbl8 and prudent. stale vthether applicable UK Accwntsng Standards have b88n lollowed. subject to any materi81 departures disd05ed 8nd explained in thg financial statements., prepare the flnondal st8t8ments on the gc4ng ¢xmcem basis unless It L8 Inappropriate to pr8sum8 Ihat the Charity ￿11 cJntinue n bLwiness. The twstees a￿ resp￿SIble kg8ping adequatè a¢¢tyJnling recrmds tho1 are suffiuent lo show and expl8in the ch8riWs transactions and éisc1058 wth ￿380n8bkn 8c¢ura¢y al any ￿rne the finandBI posIUon ol Ihe charity and enable thwn lo ensure Ihat Ihe fin8nckql statem8nts comply wlth th8 Companies Act 2006. They are also respowble for safeguarding the assets of tha charfty and henc tsking ￿aSOnable Sle￿ for thg prevention arKI detectK)n of lrnud 8nd othar irragularltles. Each of the FerSOr￿ who IB a trustee at the date of approval of this rem confims that.. $0 far gs they are aware, there no relevant audit inf0mw1k￿ of which the charity's audbtor Is unawarg; and they have tsken all steps that they ￿ght lo have tsken as a Irustee to make thwnsglvos aware of any relevant audit inlomabon 8nd to estsblish Ihat the charills auditor Is aware of that information. The auditor is deemed to h8ve teen re-appointed in artsrd￿ *rfth secth)n 487 of the Comp8nle$ Act 2006. Small company provlslons This report has been prepared in a¢x4Jrdance tmlh the FYovl8ions apF4icoble to comp8fties ￿nt￿ed to thg small cunpanies exemplion. 16

Food Redistribution Wales Limited Company Llmlted by Guarantee Trustees. Annual Report (Incorporating the Directorfs Report) (Conllnu Year ended 31 March 2025 The Irustees. annual rewt was approved on of trustees by.. 26Ju4 2025 and swJned on behalf of tha board 17

Food Redistribution Wales Limited Company Limited by Guarantee Independent Auditorfs Report to the Members of Food Redlstrfbutlon Wales Limited Year ended 31 March 2025 Oplnl¢)n We have audited the finanual stslements of Food Redistiibution Wales Limited (the 'chartV) for the year ended 31 March 2025 which comprise Ihe statement of fin8nci818CtMtie5 (including income and expenditure accountl. stalemenl of financi￿ position. staiement of cash fhjws and the ralat•d not8S, includiro a summary of signrfunl accountirvJ pofjcies. The financial reporting fraMew￿k that ha$ been applied in their preparabon is apF4icable law and Unrted Kingdom Accounbn9 Standards. including FRS 102 The Financial ReF¥Jling Standard 8ppllcat4è In th¢ UK and RepU￿1C of Ireland IUnf(ed Kingdom Generally Accepted h£COun￿Thg Practice). In our oplnlon the fin8rKi81 stslemnts.. gNe 8 tsve and fair of th8 state of Ihe chartvs affalrs as at 31 Marth 2025 and of hs incoming resources and appI￿a￿On ol resources. In¢￿dIng Ils Income and expendrture. for the year than 8nd8d: have been prcperty prepared in acc(￿￿ with United Kirydcffl G￿erallY Accepted A¢￿intill9 Practi¢e'. ha￿ baan pr8parod in accOrd￿cO Vith th8 wuiroments of th8 cryan￿ Act 2006. Ba•1• for oplnlon We condL￿tad our audit in Accordance wth International Slandards on Auditing (UK) {ISAs IUKII and applicable law. Our rewnybilts"e5 vnder those slandards are further des¢ribed in th8 audilors, responsibilitses for the audit of the financi81 stslements 5edion of our report. We a￿ independent of the charilabK8 company in 8ccor118nce the ethical rgquirements that are relevanl to OJT audit ol the financial statements in the UK, including the FRC'S El￿"Cal Standard, and we hav8 fulfilled our other ethical responsibilities in accordance with these requwements. We baliwè th the audit evidence we have rJb18ined 6 sUffiC￿nI and approw81e lo provKJe a basis ICY our oFIn￿n. Con¢lu•lon• r•l•¢lng to golftg ¢on¢•rn In auditing the financial statenents, we have concluded that the trustees. use of the g￿ng (￿£¥n basis of accounting in the Preparation of iho fThncial statements is apwopnate. 88sed th& work w8 hav8 p8rfcrfm8d. we have not ideniif￿d any material uncertBinb'es relyling lo events or condfflions Ihat, individually or cc41ectively. may cast signtficant doubt on the parent charity's ability to contwtue as a gong concem f¢x a pwiod of at beast twelve months from when the financial statemenls are authorised lor issue. Our re$ponslbillli8s and th8 r8sp(mibilitbos of thg INSt￿ ¥Aih respect to golng ¢on¢em are described in the relevant seciions of th¢s rep)rt. 18

Food Redistribution Wales Limited Company Limited by Guarantee Independent Auditorfs R8port to the M8mb8r8 of Food Redistrfbutlon Wales Llmited l¢oniinu•d) Year ended 31 March 2025 othor Inforniatlon Th9 0thgT irfomialh)n Com￿se5 Ihe knformw Inthded in the Repryl of the Trustees. other than the rinancial statements and our Report of the Independent Auditors thereon. The Iruslee5 are responsible for the other infcfftialk)n conlained in the Report of ihe Trustees. ¢JJr opIn￿n on the financial statements does not cover the other inlomiatKJn and. except to the extent otheTh￿se eXp1k￿Y slated in our report, we do r￿1 exwess any ftym of assurance condusion therec￿. Our respC￿sIblIty 15 lo read the other infc¥matbJn and. tn doing $0, consKler whether the other inlormalion is materialty inwnyslent th the financial slatèments or knowledge obtained in the audll or otherwise appears lo be malthelly miss181ed. If we Kyentrfy suth material in¢onsistendes or apparent maI￿al misststements. ¥% a￿ required to detemiine whether Ihere is a materfal misstatement in the financBI $tatement$ themselves. 11. b8sed on the wcyk we have perfomed, we conclude that the￿ Ls a m•lert81 rnlsstatement of Ihls ¢)thar infcffmation. we we requlred lo ￿ port thAI fact. We have nothing lo rep(xt in Ih15 regwd. Opinlon$ on oth•r mattw¥ prns¢rib•d by th¢ Compan1￿ Act 2006 In our opinion, ba￿￿ on the Wa￿ undertaken in the cowse ol the audlt: the Infom8tson glven In the Iruslees, report Icrf tho financial yew for VtAch the flnanrAal statements are kyepared Is ccfislslenl wth the financial slatements.. and the Irust88s' reFth ha8 boan prepared in accrydance fjth appliCa￿e legal requlrements. M•tt•r• on whl¢h w? •r• r•quir•d to r•port by •x￿p1•0Tr In the light ol the knovAedg8 and undeT5tanding of the charty and rts environment obtsined in the course ol the 8udR, we have not Idenlffj8d malwlal mlsststements In the trustees, report. We h8ve nothing lo report in respe￿ of the IdI￿1ng motters in relation to which the C(ynpanies Act 2006 requires us to report to you rf, in our opinw: adequala accouniing T•cords have not boen kept. or rntums adequate for our audit have not bo8n receivad from branches not visried by us" or the finoncAal 5talements are not in agreement wth the aLxounting records and relums., or certain disdosures of tnJslge$' remunerati￿ speufigd by law are not mad8'. or we have not re¢eNed all the information and explanatims we require for our aLKlit. the trustees were not enllued to prepare Ihe financial stalements in accordar￿ wth the small c(Mnpani8s regime and lake advantsgg of the $mall wnpanles, exempticns in preparing the ectors, Tepjrt and frtjm the r8quir8ment Io Pr￿are a stratsgic r8pJrt. 19

Food Redistribution Wales Limited Company Limited by Guarantee Independent Audltorfs Report to the Membors of Food Redistribution Wales Limited {GVnllDu•dJ Year ended 31 March 2025 R•sponslbllltl•s of trustees As explained more fully in Ihe Statement of Trustees, Responsibilities. the trustees (who a￿ atso the directors of Ihe charrtable company for the puryy)ses of company lawl are reskxjnsible for the preparation of the financial stslements for b&ing satisfied Ihal they give a true and lair view, for SLtch inlemal control as the tru51ees detemiin8 is nac8ssary lo enatAe the weparat￿n of fmancial stai8ments that are free Irom material rrMsstalomenL Thl)8thei due lo fraud or orry. In preparing th8 finana81 918ternentg. the In￿teeS are responsible for assessing the charitable company's ability to CC47b'nu8 as a going concem. disck)sirg. as atplicabl•. matters related lo going con¢•m and udng the going concem basis of accounting Ljnless the trustees e￿er intent1 to liquidal the charitabl& company or to ￿se operakn"ons. or have no rE81istic althalive but lo do so. Audltorf• r••ponsibiliti•¥ for th• •udlt of th• financial latom•nts Our objectives are lo (tain reasonable 85surance about whether th8 parent charity financial st8teFrrents as 8 whols are free from m8lerial misstatemenl. whether due lo fraud or error, 8nd lo issu6 a Report of tha Independent Avdrtor8 that indude$ our opinKJn. Reasonable assurance is a hyh level 0106surance, but is not a guarantee Ih81 an audit ¢ondu¢tod in accordance with ISAS IUKI wll always delect a material misstatement when tt exisis. Misstslemenls can 8ris& from fraud or eThor and ar8 considered material if, individually or in trle 8ggregaie, they could r8asonabty b8 expeoed lo influonca tha aconom￿ d8cisions ol user5 tsken on the basis of these financial slatements. Irregul81it￿S, IncludirJ fr¥ud, are knstances of nonwpliance V•ilh laws and regulations. We idenlfied and assessed the risks of maleriaS misstatement of the financial slatements from Irregu18rities, whether due to fraud or efrcy. and discussed these trtlween our audit leam members. We then designed and performe(1 audit procedures ￿SP)nsiVe to those risks. indudlng obtaining audit evidence sufficiant and approwlale to kyovide a basis for oynim. We design our procedures go 85 lo obt8in $uffi¢ient appropriate audit e￿Ilence Ihat ihe flnancial statements are r￿1 materi811y nwsst81ed due to non<ompliance wtl) laws and regulations oy due lo fraud or error. We or8 not r•s￿1ble for pr6vènts"rKJ nc4￿cOmPl￿nQ? and cannot be expected lo delect nonthc0mpl￿nce ￿th all laws and r8guLgtioTrs - Ihis resF(Jnslb￿ty lios ryth man8gemenl wth the oversight of the Trustees. Based on Thjr und8rstondlng of Ihe th8ffty and the charoty seclor. d￿￿SS￿onS vAlh managemènt and trustees we identslled finandal reportlng starKlards. Charities Act 2011 and Companies Act 2006 as having a direct effeci on the amO￿ts and disdos(wgs in the financial stalerrEnts. As part of the engagement team dlscus$)n a￿Lrt how arKI where Ihe ¢*arity's flnancial statements may be maieri8lly misstat8d due io fraud. we did not Klenkn"fy any arpas wth an increased risk of fraud. Our audft procedures induded.. completing a risk-assessment thring plannlng tr this aLbJtt tllat speCrf￿1IY considered the risk of fraud- enqulry of m8nagement about the Chan￿5 pdkles, pr(￿edU￿8 and related controls regarding ¢￿pIlance wth k7ws and regUlab"(￿S If thgre are any kncmm inslances of n¢￿-CL¥￿p11anCe. exarnining supporting dcKumenls for all material tsalan￿$. tranSact￿n5 and di￿losUr8s,. enquiry of management, about litsgab"on$ and daims and InSpe￿On ol re￿vant c0rr8sp0nden￿',

Food Redistribution Wales Limited Company Llmited by Guarantee Independent Auditorfs Report to the Members of Food Redlstrlbutlon Wales Llmited IGgnthu•dl Year ended 31 March 2025 anatyUcal procedures to Idenbfy any unusual or unexpècled f￿8￿￿$hIp9. specfic audlt testing C￿ and review of areas Ihat ￿￿Id be sutr4.ect to management overnide of controls and polenbal bias. most notably around the key ludgments and estimatès. including Ihe carying value of accruals. provisions and revenue reccvJnity"on: considering management override of conlTds outside of the nomal operallng cycies Includlng tests.ng the appropnalene5s of joumal entr￿ recorded ￿ the general ledggr and other atljustments made in the Pr￿latIOn of the financial slatements including evaluatjng th8 rational8 of signfficanl tr3nsadion$. outsmle Ihe n(mal C￿r5e of charitable activity. 8ecouse of the inherent limrtations of an audit. there is O ITsk th8t we win not detect all i￿egula￿tIe5, induding those le8ding 10 8 materi81 misstolement In the ffinancial statements or non-cOM￿lance with regulats"￿. Thi8 risk Increases the more that compliance with a law cff ig ￿Moved from the events and transactions reflected in the finanaal slatements. as we wtll be less likely lo become awdre of instarice5 of nofvcorrpliance. The risk is also greater regar(ling irregu&ril￿S occurring du& to fraud rBther than error, ès fraud invofves Intenknal COr￿alment, tsgery, collusion. omlssknn or misrepresentation. As pgrt of an audll In acccwdance with ISAS (UK). we exwuse prof￿￿￿81 judgment 8nd malntsln profession81 sceplicism throughwt the audil. We aL80'. Id8ntlfy and assass the risks of malerial misslatsm8nt ol Iha finandal stal8m8nts. whether due to fraud or error, desh3n and perform audlt procedures respon&ve to those risks. and oblaln audlt evldence Ihal is suffi¢ienl and appropriate to provide a basls fc our oplnlon. The risk of not delec¢ing a material misstalgmenl rgsulling from fraud is higher than for on¢ resulting from error, as fr8u(F may Involve co1￿￿on. forgery. inlenlional 0ml3slc￿S. mL8representslions, or the oveThpJe of Internal contrcA. Oblaln an underslandlng of Inl•mal control reknnt to the •wJll In ordor lo dgslgn oudll proc8duros that ar8 appropriat8 in th8 arcumsianc8s. bul nol lor ihe pufposa of exwessing an opinion on the eNectiveness of Ihe inlemal conlrL4. Ev8hJale the appropriatenes5 of accounting polic?8s Used and th8 reasOnab￿nesS of accounting estimates and related disclosures made by the trustees. Conchjde on the epF￿￿18IenesS of the InJ8tee5' use ol the gcing ￿nCern basi5 of accountjng and, based on the audit evidence obtained, whether a material uncertainty exists related to events ( con(thIKJn$ Ihat may cast signthcanl doubt on the ¢harity'$ ability to continue as a gc4ng C￿cern. If we condu¢Je that a matwial uncertainty exists. we are required to draw attention in our audltorfs report to the re&ted disdosLKes in Ihe financial ststements or, if such disclosure5 are inadequate, lo modify our opinion. Our ￿nd￿SIOnS are based on Ihe audit evidence obtained up to the dale ol our auditorfs report. However. fiJtUTe evenls ￿ condibons may c4u5e thtr charity to cease lo c¥)nlinue a5 a going concem. Evaluate the overall presentation, struclure and content of the finanaal statements, indudlng the disdosures, and whether the financial statements Tewesent the underlying Iransadions and events in 8 manner that 8chieves fair presentalirffj. W8 communicat8 vmh lfvJs8 tharg8d with govemartce rwjarding. among other matters, the pbnned scope and timing of Ihe audit and signffKant audii findings, indudiro any ￿gnificant defieieneies in intemal control thal we idenlify during our audtt. 21

Food Redistrlbutlon Wales Limited Company Limited by Guarantee Independent Auditorfs Report to the Members of Food Redlstrlbution Wales Limited (¢onthuo Year ended 31 March 2025 U8• of our r•pert Thls repfxl is made solely to the chari￿s member5, as a body, in aco)rd8nce wth Chapter 3 of Part 16 of the Companies Act 2006. Our audrt k4K)rk has been undertaken so that we mlghl state lo the charitys rnembers those matters we are required 10 51ate to them in an auditorfs repcrt and for no other purpose. To the lullesl èxtent Femrtted by Lgw, we do not 8￿pt or assume reswnslbllity to anyone other than the tharity aThJ lh8 thairtws membets as a body. our audit work, tor this fop)rt. or for the opinions we havo lormed. Farzana Isenky SI8tLrtory For and on behaN ol Corston ETL Chartered accr￿tantS & stslutory audrt(Y 1st Floor, Tudor Hcuse 16 Cathedral Road Cardiff CF119LJ Dated: ¢)rlO& l&oa 22

Food Redistribution Wales Llmlted Company Limited by Guarantee Statement of Financial Activities (inGludlng Income and expendfture account) Year ended 31 March 2025 2025 Restridad funds Totsl funds Total fijnds 2024 Unrestricted funds Income and end>wm•nts Donations and legacies CharitBble activrties Other trading ath'vibes Investment incomfj 439.713 703,668 148.453 1,143.381 148.453 2.007 48.039 1.099.34S 166.863 2,007 48.039 27,654 1,293,862 489,759 852,121 1.341.880 Exp•ndltur• Eypendblure on tharltable 8Ctnitses other expendlfvre 9,10 13 288.619 775,525 1,C64,144 921,494 2,590 924,084 Total •xp•ndllur• 288,619 775,525 1,C64,144 N•t Incom• •nd n•t mov•m•nt In fvnds 201.140 76.596 277.736 369.578 R•conclllatlon of ft4nd• Total funds bfoughl fonM8fd Total fund• carrf•d forward 2.081,068 2,282.208 312.234 2.393,302 2,023,724 388.830 2.671,038 2,393,302 The statement of financial acllvltles indudes all 985ns and k*ses rwnised in the year. l income ond eX￿ndIt￿m derive from ¢cfflb"nulrq activ11￿. Th• natss on 26 to 40 forn) p•rt ofth•M fin•n¢i•l $trtorn•nts,

Food Redistribution Wales Limited C¢)mpany Limited by Guarantee ststement of Financial Position 31 March 2025 2025 2024 Flx•d ¥•s•l¥ Tangible fixed 8ssets 18 443,378 346,410 Current assats Debtors Cash at bank and in hand 19 343,362 1.913,443 322,114 1,835.778 2,256.805 2.157.892 Cr•dltors: amounts falling du• thln on• y• N•t ¢urr•nt ass•ts 20 29,145 111,llC 2.227,660 2,046.892 2,393,302 2,393,302 Total as•et• le•• cuffent I1￿1111* 2,671,038 2,671.038 Funds ollh• charlty R8slrl¢ted funds Un￿gIri¢ted ftjnds: G8naral unr8stricted funds D¢signaled bjnds 388,830 312.234 1,205,001 1,076.547 960,232 1,120.836 2,282,208 2,081,068 Total charlty funds 2.671.038 2,393,302 These financlal statements hgv8 b••n wepgred in acc(Ydance wrth the provis￿$ 8pplic8bl8 to companles sublecl to th8 ¥mo11 companles, regime. These I slalements were appyoved by the bcord of Iru$tees and outhortsed for L89ue on , and are 5vJned on behalf of the board by: ..Trnst•• Trystee Company R¢glstratlon Numb•r: 07198367 Thw note5 on pty•s 26 to 40 f•mi pwt oltr•s• fin•n¢i•l $l•t¢monts. 24

Food Redistribution Wales Limited Company Limited by Guarantee Statement of Cash Flows Year ended 31 March 2025 2025 2024 Cash flaws from op•ratlng actlvltS•• Net income 277.736 369.578 Adjustments T￿.. Depreciation of tangible ffixed assets Other interest recewable and similar income Accrued lincomeyexpenses 90.360 148,0391 116,7161 84,958 {27.6541 30,999 Chenges In.. Trade and other debt￿5 Trade and other creditors 121.2481 {34,461) 247,632 168.3571 12,049 401,573 Cash g8n•ral•d from op•ratIc￿8 Inte￿$¢ recelved 17.361 14.571 Net cash from operaling actMti•s 264,993 416.144 C•¥h Ilows from Inv•xtlng •ctlvltt•• Purchase ol taroible asseis Proceeds from sale of langiblo assots Nel eash uséd In invèsllng acthvitses {187.3281 (171,7231 2,586 1187,3281 (169,1371 Net Incr•aio In ca•h r4•h •qul¥•hnts C¥•h •nd c##h •quival•nt* at beginning of year Cash and ¢Mh •qulvahnts at •nd ol year 77,665 1.83S,778 1,913,443 247.007 1.588.771 1.835,778 25

Food Redistribution Wales Limited Company Limited by Guarantee Notes to the Financial Statements Year ended 31 March 2025 G•ner•l Inf¢)rniatl The charity is a public benefit enlty and a c4ynpany limlted by guar8nt8e. registered in England and Wales and o regbslered chanty In England and Wales. The address of the registered office is Unil S5, Capital Business Park, Parkway, Cardrff. CF3 2PU. ststement of ¢ompllanc¢ These Ilnanclal slatemenlg h8ve been prepared in com￿18n¢e wth FRS 102, The Flnanclal Reporting Standard appliCa￿e in the UK and the Republic of Ireland., the Slgtemonl of Recommended Pracb"ce appl￿ble to charities preparing their accounts in accordanc￿ with the Financial Reporting Stsndard applkable In the UK and Republic of IreLgnd IFRS 1021 (Charitias SORP IFRS 1021) and th8 Compani8s Act 2006. AccountSng pollcl•g 84111 ol prnparatlon The fin8nry81 statements have wepared on the hislorical cost ba￿$. The financial slatsmants are prepared in stsrlng. 19 the fundMal curyency of the entity. Golng conc•rn Al the lime of apwovlng the flnancial $tslernents, the tnjstees have a reasonable expectation that the charrty has adequate reS￿rCeS lo continue in cyer8licI181 exi$ltrnce (or the foreseeablg fijture. This the Irustses con￿nUe lo adcpl the going concem basis of accounting in preparing Ihe finandal ststements. The chwty heamly rel￿S on WeL8h Govemmenl lunding has been confimied until March 2026. The charity Is cuffenlty aYr4iting decision from Welsh Govemmenl regarding confirrnation of future fundlng past thls date. Judg•m•nl• •nd k•y of ••tlmatlin unc•rt•liity The preparatkn of the financial stslements requlres management to make judgements, èstimates and assumptK)ns that affect the amwnts reported. Th8se •stimates and judgem8nts are conllnually rev￿We￿ and a￿ based on experlencg and other facth. including expectation$ of futur& 8vents thal ar8 ￿lI￿vad to b8 reasonab￿ und8r Ihe cirujmstances. Th• estimates and undthing assump1K￿S are ￿¥￿eWed on an On￿￿￿9 basis. Revisions lo accounbng estimates are rec4Jgnised in the pertod in whic* the estimate is remsed ￿ere the Tevision affects onty Ihal pen'cd. cf in the peri￿1 of the ￿¥l￿on and future periods wh8re the revision affects current and fulwe p•riods. 26

Food Redistrlbullon Wales Limited Company Limited by Guarantse Notes to the Financial Statements (wthue Year ended 31 March 2025 Aecounting pollcim (wlthwtoj Fund accountSng Unrestricted lunds are av8il8bl8 frff use al the dlsrJetion of the trustees to further any of the arity's purposes. Designated funds are unr8sthtXed funds eannwked by trustees fcff partioJlèT fulure project or ¢)Jmmitmenl. Restricted fvtxts are subjgcted to restrictiorts on Ih8ir 8xpendiluTe dedared by th8 donor c¢ Ihrough Ihe tams of an appeal, and fam into of Iwo Sub488￿8.. restricted income funds or endoswnent funds. Incomlnq r•¥ouv¢•s AJI incoming resources are Inckjded in the 5tstement of finan¢ial actyv7t￿s when entiU8mant has p8ssed to the charity., rt is probable that the econ¢JniC ￿nar11s 8ssodat8d wth Ihe transaction will flow lo the charity and th8 amount can be Teliabty n￿$￿T￿y. Thè following swfi¢ pdicie8 are applied lo particular ¢alegori8s of incomè: Income from donati￿$ or grants is r8¢ognl6ed vthen ther8 is evNJence of 8ntiUoment to the gli recdpl Is wobgble and its arnC￿nt can be rrw$ur8d reliably. 1¥98cy income i8 r8cwnlsed vknen receipt 1$ wobabb8 and entluement Is ￿tablIShed. Income from donaled gotyjs 18 measLYed 01 the fair value ol tho s￿)0￿9 un￿sS this is Impractical to measure reliabty, in *l)ich case the value 15 denv8d from Ihe cost to the donor the estimated res8￿ value. L)onated laciliti'es and seNlc8s are recogni5ed In tho 8CCOUnts when receNtid if the valua can b8 reliably mtrasufed. No amounts are included for the contrit￿11¢￿) ol g8n8ral volunteers. income trom cMtr8cts for ihe suppty of seThKes Is recognised with the d•liv8ry of th8 contracted Service. This is dasSif￿d a5 unrestrictod funds unjess there is a contractual requiromenl for 6t to ￿ Spent on a particular wrp¢)$0 and relumed if unspont, in whieh cas8 it may ￿ reg¥de(l as restiicted. 27

Food Redistribution Wales Limited Company Limited by Guarantee Noles lo the Flnanclal Statements (¢orAthx Year ended 31 March 2025 Accountlng pol1cl￿ Re•ource• 8xp•nd•d Expendrt(J￿ is reccJnised on 8n 8cc¥uals basi5 a$ 8 liablhty is incurr&J. ExpeThJiture indudes any VAT which cannot be fvlty recovered, and 15 cL3sstfiwJ under headings ol the statement of finan(aal activitias to which it relates: expenditure on raising fvnds indudes the o)sts of all fundrai￿ng octNib'es, e￿nts, non-charrtable Ir8iJing actNilies, and the sale of donated goc¥Js. ex￿dIture (m ¢hwitable activibes indudes all costs incutred by a chority in undertaking activities that lurther its tharitable aims for the benefit of its benefKi8ries. inclLKling those support costs and costs relating to the govemarte of the ch￿ty apwrtioned lo cAarftable activities. 0th8r expendrture Includey all eXpen¢thtU￿ thal is nwther reLqt8d lo ralslng funds for th charity nor part ol its expenditure on ch8rrtabbe aCtNIt￿5. Jl costs are alloc4led to expermjiture catwie8 rvflectlng the of the Teswrce. Dlrect costs 8ttribL¢tab￿ to a single a¢lNity arè allocat8d dir8ctty to that aciivTty. Shared costs are apportioned between the acb'vlues they ¢￿tribUte to on a reasonable, lustlfiable and consislenl ba51$. Op•r4llng 1••••4 Lease payments are recognlsod as an eynse over the lease term on a stralght-llne b8sis. The aggr￿10 benefft of 18as8 incenlves Is Tecognised as a reduct￿n to expense over the lease temi. on a strawht4ine bas1$. T•nglbl• ••••t Tangl￿0 assets are initialty recorded 81 ￿$[ and subs•qu•ntly stated at c>)sl Jess any accumulated deprettation and Imp8imient h)sses. Any tan9￿e assets carTled at revalued amounts are recorded at the fair value al the d81e of revaluation ￿$¥ any subsequer71 accumulated depreci811￿ 8NJ SubSeq4￿nI aC￿mUlated impairrrnnt tosses. D•pr•do¢lon D8pr•ciation is calcuL8led so as to *Yile off tha cosl or vakna1i￿b of an asset, less its residual value. over the usdul economic ble d tha¢ assai as folk>ws.'

Food Redistribution Wales Limited Company Llmited by Guarantee Notes to the Financlal Statements (¢vnttnu¢dJ Year ended 31 March 2025 A¢¢ountSng poll¢ies D*prn¢latlon (Gonlinu Fwhold property Plant and mathinery Fixtur8s and fittings Motor vehicles 4% straight line 20% straight line 20°k straight line 25% straight ￿"ne Impalrni•nt of flxed ¥￿ets A review for indicators ol impainnenl is carrith4 out al each reportlng dale, wth tho ￿cOVerable amount berng estimated vthere such Indicators exist. Where the carying value exceeds the recoverable 8mount. the asset is impaire(18cwdingty. Prlor knpalmients are also reviewed for p0￿ble r8vers81 at each repjrting dale. Fln•n¢l•l Instrum•nts A financial assel or a financial liability Is re¢ognis•d only when Ihe tharity becomes a paty to the contracluèl provisions ol the instrument. 8851c flnandol instruments aro lniU￿lY re¢Tr3nlsed at the amwnt T8cefva￿@ or p8y8ble inchjdlng any related transaction costs. Currtnl assets and Gurrent labilities ar• subsequanlly mea$ur¢d at the cash LY other ¢onslderation expe¢ted lo be or rrfewj and not d18counte(l. Debt instruments affj sUbseqU￿￿Y measured at amLviisad cost. 29

Food Redistribution Wales Llmlted Company Limited by Guarantee Notes to the Flnancial Statements (¢tyth￿ Year ended 31 March 2025 ACCOUn￿n9 policies Defined contributlon P￿n¥ thlxrtions to defined contrlbutknn plans are rec4Jgnised as an expense in the per5od in which the rtslaled SeTh￿e is Ffovided. Prepaid Contn'tr￿ti0n$ are reojgnwd as an asset to Ihe extent that the prepayment will lead to a reductk)n In futu￿ payments OT a cash rnfund. LlmR•d by guarant•e Each member ol th6 808rd ol Twstees has urKlertakn lo guarantee th8 Charitys dabts lo Ihe Sum of £1 each. Donatlons •nd l•g•¢l•• Unrestricted Funds Rgstrirted Tot•1 Fund* Funds 2025 Donation8 Membership fee$ Donations an¢J Fundraislng 279,888 11.640 279,888 11,640 30

Food Redistribution Wales Limited Company Limited by Guarantee Notes to the Financial Statements Year ended 31 March 2025 Donations and l•g•eies Unrestn'(Xed Funds Restricted Total Fund$ Funds 2025 Grants W8lsh Government- FundirwJ Fareshare UK Waterfoo Foundalkjn WCVA- Energy Efficiency Scheme Webh Govemment - CaFital grant CaTdiN Third Seclor COU￿11 grant Hodge Foundation The Moondance FoundatKJn 423.500 42.000 30.000 27,168 120,000 423,500 90,185 30,000 27,168 120,000 1,CQO 60,c(IO 100,WO 1,143,381 48.185 60.orA) 100,(#XI 439.713 703,668 UnrestrNaed Funds R8strlctod Tolal Fund8 Funds 2024 DM•tion• Membarship fees MoondanGe Donatlons Oonations and FundrBi8ing 301.897 121.09) 24,398 301.897 121.050 24,398 Grnnts WeL8h Government. FundlrwJ Farpshare UK Waledoo Foundatson WCVA- Energy Efficlency Stheme WeJ5h Gov&rnment - Caytal grant Cardiff Third Sth Council grant Hodge FourKlati 434.417 91.330 50,000 1.0 26,32S 434,417 135,258 50.000 1.(KlO 26,325 S,(￿0 43.928 491,273 808,072 1,099,345 Chavftabl• •Gllvltl•s Restric￿￿ Tot•1 Fund• Funds 2025 Restrictsd Totsl Funds Funds 2024 RKW Project- Caidffl County CiyJnol I SBRI 148.453 148.453 166.663 166,663 Othef tr•dlng activiti Unreslricled Tgtal Funds Unrestricted Tctsl Funds Funds 2025 Funds 2024 Other from otsr trading activities 2,007 2.LX17 31

Food Redislribution Wales Llmited Company Llmlted by Guarantee Notes lo the Financial Statements Year ended 31 March 2025 lftve5tment income Unrestrkw Total Fund8 Unrestricted Total Funds Funds 2025 Funds 2024 Bank int8r8st re￿¥8￿4& 48.039 48.03Y 27,654 27.654 Exp•ndl¢ur• on ¢h•rltable ac11vltles by fund type unrestr￿￿ed Funds Restrfcled Total Funds Funds 2025 214.070 74.549 775,525 989,596 74.548 Support costs 288.619 775,525 1.064.144 Unrestricaed Funds Restrlcted T¢Xo1 Funds Funds 2024 Activity Support costs 143.818 73,118 704.558 848,376 73,118 921,494 216.936 704.558 10. ExP•nd1￿ff• on charll•bh •dlvlll•s by •¢Jvlty typ• Activitie5 undertaken Grant lunding dire¢Uy of acliviiies Sjpwl Total funds costs 2025 Total lund 2024 Actmty Governwce costs 959,596 60,677 13.871 1,050,273 13.871 901,874 19,820 959,596 74,548 1,(64.144 921.494 11. An*lysl• af lupport costs Analysis of support costs acovity 1 Tol•1 2025 Total 2024 Staff costs Premises General office Govwnance costs 50,711 929 9,037 13,871 74,548 50.711 929 9.037 13.871 41.129 3,873 8,496 19,620 73,118 74,548 32

Food Redistribution Wales Limited Company Llmlted by Guarantse Notes to the Flnancial Statements Year ended 31 March 2025 12. Analys1$ of wants 2025 2024 Grants to Institution• Grants to institutions 30.000 82.oc Total grants 30.000 82,0Tr) In the Cu￿ent year £30,CMXI {2024.' £45.(￿1) was awarded to Fareshwa Noth Wales and £nil lo West Wales (2024.. £6.OCrf)l. 13. Oth•r exp•nditur• Urnstricted Total Fund$ Unrestrkted Total Fund8 Funds 2025 Funds 2024 Lcs M disposgl of tangitAe fixe(i 0$58ts held for tharily's cmn use 2,590 14, N•1 Income Nel income Is stated after chaTgingllcredth'rrfJl: 2025 2024 Depredation ol tsnglb￿ Ilxed asset¥ Loss ￿ dlsposal of tangibl8 fixed asset8 90,360 84,958 2,590 1& Audltor¥ r¢mun•Mtton 2025 2024 Fees payable fix the audit of Ihe flnanci81 ststements 10.260 9,960 10. Staff co•t• The tdal staff costs and wnpl0￿9 tweffts for the reprtng per1￿j are angtysed a8 follows.. 2025 2024 Wages and salarie5 soc￿1 security C4)sts Employer contribu11￿$ to pens*)n plw 454,148 35,356 12.608 381,150 27,273 10,068 418,491 502,112 33

Food Redistribution Wales Limited Company Limited by Guarantee Notes to the Flnancial Statements f¢¢¥thu¢•J Year ended 31 March 2025 16. S¢•ff ￿$ts fwjlniued) The average head counl of eryh)yees during the year was 1812024.. 161. The aver8g8 number offull-time wuivaleni employees durfng the year is analysed as fdkws'. 2025 No. 2024 No. Number of 8t8ff 17 15 No ampkjyee received employee benefits of mLYe than £fJ).C4JO during the year12024.' Nill. K•y Management Personn•l Key mn8gement personnel Aidude ￿1 persons that have authcth arthJ re$F￿SlImIty for pLgnning, direcbng and controlling the acb"vrties ol thts charity. The lolal ￿penSatIOn p8Ni to key m8nagem8nt pepJonnel for services provmjed ￿ the charity Was £165.856 {2024..£1￿.4I￿). 17. Trustee remunffttlon and •xp•n••• All Trustees ar• enlilled to daim ￿1mbu[sernon1 of ihe cost ot attending meetings but wawe Ihts rlght. No Irusteelsl received ony ￿muneral10n dunng the y8ar12024". £nlll 18. T•ngible fixed a¥••t• Freehold Flant and Fixture5 and property machlnery flttlngs Motor vehic*9 Equipment Total Co•t Al 1 Apr 2024 Additions 225,0(M) 413.790 32.021 9.247 2￿,498 155.307 11.299 949,834 187.328 At 31 Mar 2025 225,OC 445,811 9.247 445.805 11.299 1.137.162 D•pr•clatlon At 7 Apr 2024 Charge for the year 108,000 214.297 9.247 262,884 8,996 603.424 9,￿0 57.886 22,091 284,975 1.383 90.360 At 31 Mar 2025 117,WO 272,183 9.247 10.379 693.784 CaTrylng amount At 31 M#r 2025 108.(OJ 173.628 160,830 920 443,378 Al 31 Mar 2024 117.C 199.493 27,614 2,303 346,410

Food Redistribution Wales Limited Company Llmlted by Guarantee Notes to the Financial Statements f¢MIft Year ended 31 March 2025 19. D•btors 2025 2024 Trade debtors Prepaymenls and attn￿d inco other debtors 14,571 17.545 311,246 343.362 108,346 5,097 208,671 322,114 20. Crndltx•.' amounts tslllng du• wlthln one y•ar 2025 2024 Trade credilcrfy Accruals and deferred kncome Soryal security aThJ other laxes Other creditors 2.817 25.897 34,272 73,291 1.071 2.366 431 29.145 111,000 21. Pensloni and oth•r pmt ff•tlr•m•nt b•nefft• D•lln•d ￿ntrI￿tIon P￿￿ The amount recognised In Inco￿@ crf expon(liture as an expen88 In rglalion to defined conlrfbution ￿anS was £12.e08 {2024: £10.0681. 35

Food Redlstrlbution Wales Limited Company Umlted by Guarantee Notos to the Financlal Statements Year ended 31 March 2025 22. Anatysls of ¢hartt•bl• fund$ Unre$trl¢ted lunds At 31 March 20 25 1411 2024 Inu)me Expenditure Transfers General fundB Deslgnaled fund$.' Fixed assèt lund Capitsl reserv Busines8 developmenl serve Environmental ovemenls reserye Repairs Trserve IT Equipmenl and Phones Unlunded capital and reinstalement of premlses 960,232 489.759 {288,619) 44.289 1.205,661 1,2891 135,0(W)I 54.547 465.000 500.CrfJ) 150,LbJO 150.0 110.0 I￿.0{￿• 18,000} 102,000 Iw.000 $5,000 55.000 150,CAJO 150,000 2.081, 489.759 1288.6191 2,282,208 At 1 April 2023 31 Marth 20 24 Ino)me EyEvJiture Trnnsfers General funds DeSIgn•t￿ fvnd•." Flxed assot fund Caprt81 reserve Businass devebpment reserve Environmental nprovemenls rnser¥8 Repairs reserve IT Equipment and Phones Unlunded capitsl and reinslatement of prerFiise5 967,092 518.927 1219.526) 1306,2611 0.232 129.575 120.000 173.7391 380.000 55,836 5C#J,000 150.000 1￿),000 110,C(KI 100,C(KI 110,000 1C().000 55.0 55.000 150.OCL) 150.000 1.781,667 518.927 {219.5261 2.081.068 36

Food Redistribution Wales Limited Company Limlted by Guarantee Notes to the Financial Statements Year ended 31 March 202S D•sign&ted fundj.. Flxtd asset lund Relates lo th8 transfer of the tharitys unreslricte(I net value of its fixed assets. C•pl¢•l r•servo To maintain andlor increase Ihe asset posrbon of Fa￿ha￿ Cymru to help maximls8 opportunitse8 lo generate in￿rne arKVor invest In fuiura Projects. 8u$lness d•v•lopment reserni To fvnd investment in new prol8cts and devebopments that kad to the improved sustainability and reach of the Fareshare Cymw. TPws may I￿￿Jde de￿￿l￿.ng a opwational actfvrty or deVel￿ing into a new area. EnVIronm￿tal Impmv•m•nt¥ rns•rv• To fun¢J investm￿t in infrastructure ￿ capit81 thal improv05 the envknnm8ntal perfemianca of FareSh8re Cymru. Rep•lr¥ r•¥•rve To fund un8xpacted repairs thal are negded to the building IT Equlpmont •ftd Phon•• To fijnd upgrades to IT s￿leMS. Unlund•d ¢•pitsl and r•lnsl•t•m•nt of prwnls•s To Fund unlunded cawtsl ¢osts and improve Ihe F¢emises and the erKI of th8 lea8•. 37

Food Redistribution Wales Limited Company Limited by Guarantee Notes to the Flnancial Statemenls Year ended 31 March 2025 22. Analys1 of charftable lunds Reltrlded fund At 31 Ma￿h 20 25 At 1 Awil 2024 Income Expenditure Tran5fws Capltal Develcyment fund Welsh Govemmellt Funding WalerkK) Foundallon Walsh Gov8mm8nt- Caplal grant RKW Propct- Cardiff County Council I S8RI Cardiff Thir(I Sector Council Fareshare UK WCVA Hodge Foundatk)n 116.993 21,Otrf) 130,IKKI) 107.999 423,500 30,000 I423,5￿) (30.0(M)) 118.231 120.000 (24.301) 213.930 148.453 (148.4531 5.000 72.004 1.000 21,000 27.168 80.0 12.0281 153,0081 14.235) 160.0001 (775,525) 3.972 39.996 22,933 312,234 852.121 388,830 Al 31 March 20 24 1 Awil 2023 Frtcor￿ Expondllw• Transfers Capital Development fund Welsh Govemment Fundl Watarloo Foundatlon WCVA {LOTCS08) Welsh Govemment- Capital granl RKW Prqect- Cwdlff County Council I SBRI Cafdiff Third Secior Council Fareshare UK WCVA EES 126,0 {1) <9,(O)I 116,999 434.418 1434.4181 (50,Crf)01 112.6721 12.672 103,385 26.325 111.479) 118,231 166.663 (166.663} 5.OlJO 91.330 1,000 774,735 5.000 72,004 (19,3261 (1,000) <704.558) 242,057 372,234 38

Food Redistribution Wales Limited Company Limited by Guarantee Notes to the Financial Statements I¢￿￿84) Year ended 31 March 2025 22. Anaty8i8 ol tharitsblo funds Capftal development lund- funding was receNed from Welsh Govemm8nt via Cykh towards the c05t ol the fteehokl prorrty ané associated fixlures. equipment and molor vehides. The movement on the lund represents the annual char9e ￿ r8spect ol thg resth'cted assets. Wdsh Government Fundlng - funding was recefved from Welsh Govarnment to kYovid& the charity with financial assistance with its C￿ exp•ndibJre to enable the charity lo work toward3 flghung food poverty by tacktsng fcKJd ¥Yasle. Waterfoo Found•tlon- funding ￿ receN&J towards charty project costs. Welsh Gov•mment Capltal Grnnt- Capitsl funding rKgiv¢d to purchas of vans during the year of £120,000. The movement ￿ the fijnd rewesenls addrtTronal grants received during the year annuaj depyecI8ti￿ tharge In respect of the restrfcted assel$. RKW ProJ•ct- C•rdlll County Counclv SBRI Projed service level agreement to undertake an innovation and devalopmenl projec entilll 'The Su8tsin8trA¢ Proied and Supply of Food Challenge. and feaslbility Study. C•rdlff Thlnl SKlor Councll- lunding was recelved from the Shared Pr08perlty Grant Fund In 202>24 8nd brought lornvard and £10￿ was recèivgd during the ye8r towards work on lackling lonellness and iso￿tiOn. The fund 8UPPOrted sU￿￿S food redlstril￿ti0n to tharib"e8 and CAJmmunilies based in C8rdrfl. F•r•Sh•rn UK.Teyesents captial fundlng of £39.996 this wll decTease by an annual depreciation charge. The gr￿1 balance INoughl frnr(I row8sents a mix of capital and revenue fLJndlng whlch relates fu81 funding. During the year £41,000 w3s re￿Ived towards th empkiy8bility projèct WCVA - FurKling re¢eiv8d towards Energy Elficiency Scheme captal funding of solar panels. Tha balance wll de￿￿aSe wth an annual depreciation charye. Funding 01 £3,188 was a150 recelved under the We￿h Govemmenf$ Landfill Disposal Tax Community Schame ILDTCSI. Ilodg• Foundatlon grant of £60.CI)O was ￿Ned twards the EXpartsIt￿ Project. 39

Food Redistribution Wales Limited Company Llmlted by Guarantee Notes lo the Financial Ststements (c￿￿1•0) Year ended 31 March 2025 23. Analysis of asmts I￿¢￿••n funds Unrnstrict8d Funds Reslricled Tot•1 Funds Funds 2025 Tangiblè fixèd assets Current assets CredIt￿S le5S than 1 y 388,830 443.378 2.256.805 129,145) 2,671,038 2.256.805 129.145) 2.282,208 388,830 Unrostrictod Restricted Totsl Funds Funds Funds 2024 Tanslbl¥ flxed assets Curr8nl assets Credit￿$ lèss than 1 year N•t a88•ts 55,836 2,136,232 {111.1)y)I 2.081.068 290,574 21,660 346.410 2,157,892 1111.000) 312.234 2.393.302 24. An4￿1• of Ghange• In nel d•bt At At 1 W 2024 C8sh fiows 31 M•r 2025 Cash al bank and In hand 1.835,778 77,665 1,913.443 25. Op•ratlng ka•• c¢)mmltm•nts The total future mlnlmum payThents under non-cancellabk opw8Ong ￿aSeS are as follows.. 2025 2024 Not later th￿ 1 year Later than 1 y8w and not than 5 yews 40.145 105.548 54,976 14S,693 145,693 21K).669