COMPANY NtMBER'. 08530711 REGISTERED CEL4RITY NUMBEIL. 1155064 FOODRJSE LTD (Company Limited by Guarantee Thrythout Share Capital) REPORT AND FfNANCIAL STATEMENrs FOR THE YEAR ENDED 31 DECEMBER 2025
FOODRISE LTD INDEX TO FtNANCIAL STATEMEwrs FOR THE ENDED 31 DECEMBER 2025 eNo. Contents Chair's Statern¢nt 2-13 Trustees'ADnual Report (including Directors, Report) 14-17 Indend¢t Auditor's Report 18 ststrent of Fiti&ncRal Activities (including Th)coJne and ExpenditureAc¢tsuttt) 19 BalanG¢ Sht 20 Statement of Cash Flows 21-38 Notes to th¢ FFn8ncsal Stat¢llLents
FOODRISE LTD CHAIR'S STATENIBNT FOR THEYEAR ENDED 31 DECEMBER2025 F(x)drise ts an envOnments1 charity with a distincL ttational lliobe 1hc onty UK enviroyjmentsi cllpaIgniti8 ity foed on food sySte]n issues. The pttiod covered by theTeport is one ill whi¢bwe ¢onsolidatrd ourTol¢, team and resow¢ing attd wntinued to psh bolludaries in line with our orglSatiOnal va]ues 8rLd elhos. Our work continues to combitte arich JJw¥ of collaborative projecE (%llpaignin& acttvisn) a]d soci81 enterprise. We actively 5¢ek to move throllgb an anti- racist and ti-OppresSive journey in evcry aspect of ourworL We confillued to produce innovative and impactfid rese2rci in¢luding on the ijnpacts of 58Jmon fanllin& th¢ scandal of foodbanks being lUbEred with foodw&st¢ by Sup¥arkEtS Ènd the pollution impacts of tiitrogcn fertilisers. July rnaTked a sigtiifieallt moment in our charlS history we officially chamged ourn2me to Foothise,
king it clear OUE etbos is to rise up for clim2t4 oature &iustsr£. Two of Foodtise's longstanding initMttves-
Sus8ex slus and Seeditig Repatatiolls- beca¢ indepelld¢ut Con]]nuuityIllterest Compani¢s, kiag all chaptrr in our collective wthk to promote food justiee. We were pleased that cLpaIgningheIped to persuade King's LynTL gnd WcstNorfolk Council to refvse perni1On for a'megafaTrn', rnaJ*ing atUrniDg point for industrial livestock pmdubtion in th¢ UK. We wtre grdllted p¢rmissxott by thc Supreme Courtto challeng¢ the gOve[D¢t's 8pproa¢hto key'access to justECe' principl¢s of th¢Aar Convt])tion, whichh&4 ariRn from our ongoin8 legal cl][eng¢ against the In tbis reportitig pttiod, tbrcc new trustecs joined ttie Foodrise board afteraTerruitrent exercise supwrtcdby Perldol Partners.. Manpreet Gillian Lobo audAdesola Sotsllde-Peters who will strengthen the board's diversiry and skills OD humall resourees, legal and financial znageMent We said goodbye io three departing stees.. Tabitba Gilla VIVI Madll&ch atsd Sanb Monison. Th¢ boaxd ¢ont[u£S to meet quartorty. 5UPPOrtedbytsYo ¢OEtilttCcS which fo¢us ¢)n financial 8nd operatioll atters. The bigh p¢rforniing staff tean¥ led byExecutive DirectorCarinaMi115tone, havt continued their Cell¢llt and dedi¢ated WO to dcliver the clwity's llJis5iorn We were de]ighted that C4rina's efforL8 w¢r¢re¢ogtiis¢d in the 2025 ENDS power list of bigb impact capaignerS. Tom Koo]s bec2me ExecutiveDiic¢tor of our sistEr Otganisation Foodrise EU. In2026. we will b¢ deltverillg our four-year stratety for2026-2030. As pth Dfthls weplan to Consolidatcour operations to diie¢tr¢sow¢¢s to actitythat drives the atest systrmic thauge 3n food and fwmiugpo]icy. I would like to thank all stdif. pertner5, SUPPOrt¢rs gnd dollors who have ¢ontributedto our work, ellgbling itto have the impact set out inlbisreport. We ¢ontittue to ellsure that ovr internTentiong att targeted for thc great& impa¢ w0]llg strdtegi¢ally at key leYerag¢ points and Inspiring people and parttters tt> 2¢t to bring about ecological renew21 foodiiistice. Ruth Chaznb¢TS Chair oftbe Foodrise Board of Tn$
FOODRISB LTD TRUSTEES'ANNUAL REPORT IINCLUDtNG DIREcfoRS' REPORT) FOR THE YEAR ENDED 31 DECEMBER 2025 The tn]ttes preserAt th¢ir aDnuai report and flli8llcio1 smements for Fotyjrise for the ye8r ended 31 D6¢emb¢r 2025. The trustees have adopted the prDVlSiOts of the Statement of ReconJmend¢d Practice {SORP)"AcGounting &Jd Reportitig by Charities" (FRS 102) inpreparing the aTllLuai report 8nd fJn8n¢ial ststements of thE GharAty. Th¢ fin8n¢1 stat4uJents have been prepared in acconlatLce with the accounting poli¢i¢s set out notc5 to thB actounts and comply with the Memorandum and Articles ofA5sociation, tbe CharktiesAct 2011, the CorllparniesA¢t 2006 and Accounting and Rcporting by arIties. Stateent of Recortlltseoded Practice applicable to charities preparing the accoullts in accordgnce wkth the Finallcial Reporting Standard applRcabl6 in the UK 8nd Republic of Ir¢land published i October 2019. ObjÉet£ves The charity's objects are spe¢ifi¢a]ty restricted to the following.. the cons¢Nation, protection improvemeot of the physical alld natural enviroJJmenL for the public bencfi¢ including the prornotion of biodiversity and sustainable lalld USE, the advmcernent of the education of the pllblic, for the public bertefiL in sustsinable development and tht ons¢rvation, protection and thc¢nJent atLd rehabilitation of th¢ physical and naturaL enviroEullenL in particular regarthng bi(Mlsver$ity and sustainable landu5e and thepromotiotL of study and research in such subjects provided tb the USEful rcsults of su¢h studi¢s are di55ellLillated to th¢ puhlic at largc. the promotton of sustainable development forthc bcnefit of the publi¢ by.. (a) the pr¢servation, ¢ons¢rvatÉonand the prot¢Gtittn of the environnicntalldthe prudentuse ofnaturatTesour¢es' (b) the relief of poverty alld the improvement of the life ¢onditions in sociauy and economically disadvantaged con)u1tieS. (c) the protuotion of su8tsnthlc mcans of achieving economi¢ groM¢h andryeneration. Sustainable development]nealls"d6v61opm¢ELt which meets the need5 ofth¢ present rythOUt compromising the ability of hwre genatiOnS to meet their 0e¢d$. The prevention or relief of poverty ill the Ullited Kingdom by providing gmts. items and services to indivÈdllals in need gjkdlor clmities, or oth¢r orgallisatiOll5 worktng to pment or reli¢ poverty. OurAppro4ch We are dtivitig ch¢ throush aunique eampaigll style gear toward5 engaging Ènd mobilising citizens, changin8 busin¢5s6& transfonning markcts and updating outdated poli¢y andregulatory frameworks. We believe the traDSitionto a food system which provide5 nutritious food for all on a fair basis while regelleratillgnatur4 will require chaThg65 10 culture, markets and goyeEEl To move b¢yond discrek initiatives and effect systen]IG cILallgE we 5Bek to UPdIe, support the replication of our WOTk by Other organis8tions aDd widely di&seEtLinate the fmditigs of our work to broad and divers¢ audiences, to aurhoT ad Irgitimisc our work in the dOrnint institutions and legal frameworks. We proud of our ability to reach people from all wa]ks of life, including those for whortl 6ngagetnent with our work ts thEir fst foray into ellvironmental 9nd food system activism. We are successful in ourwork when we cgn point to how we have 0Ved beyond a specific project to widef wltural, econorllie or legal Ghauge. We arrallge 4JufwoTk around five broad attas of intervention.. We delegitimize corpoTatiotE5: we do this by challengillg ¢orp¢)rat¢ practi¢¢, th¢ corporate rne1 and global finance. We Idt&te and 2dvocate for policy change ad regulation: w¢ do this tlu¢)u&h resear¢ action research, acadenric p4rin¢tthip5, strategE¢ Iitsgation. parliamentsry advocacy. We ¢OmmUlllty *gency: We do this through educational programmes. creating employment and expie¢e OpportL1esJ Pdrticipatory researcb, ptloting regional prograrnmes.
FOODIUSE LTD IRUSTEES'ANNUAL REPORT IINCLLfDtNG DIREcfoRS' REPORT) (G)ntinuBd) FOR THEYBAR ENDED 31 DECEN4BER2025 We widen our ctrck of llies: We do this through conveDillgpeople and orgaDisatioll4 build3Ag ejliances alld coalitii)]Js, supporting the work of others throughr¢.granting We chang¢ eultore and publit dtstoursw. We do this through stratcgic znedia worL pla>thll social media ¢ommw)ication8, seelang to model tbe world w¢ w8nt to see iu ourpractic¢. Our Chop¥eAgenda AndAetivthes lll2025. we cbanged ourttae from Feedback to F(K)drise to fjnallyproperly representtbe breadth of WO we do to radieallytransform the food systEm- andbetterpositiollus to ac]Jicve our goats lIt llow, as you'll see in thc pages that follow, streteb f2r bryond taGklin8 th¢ swurg¢ of foodw&8te. Wbilethat chaDgewas happetiin& we colltinued to ]nake hard won pro8r¢ss a¢ross Rll are&% tsfworK I31diD£ aquafeed and globaijustice, thereduction of meat and dairy wnsUMpti aDd our community work in SUS Merseyside 2nd BU&ingbashir¢. As has beaLtbe c&se since its esrabIisl]ment iti 2022, our successes were ofiell shaTed Foodrise EU. o siqter organisatioll in the Netherlallds-now ledbyn¢wBxewtiv¢DirectOT. TorL Kools. With ournew Foodrise brand launched to positiv6 feedbrt and iwproved imP2CL this was a150 the final ycar ofow current orgatiisati0n stratcgy as work began on i)urll&¥t one. This includes a stfdtrgic revAew lookillg at where wc'rc world-leadiug aud arcas whtre we could do bett¢[ through a Shaer focus to the ]imited resourcEs wehave. 2025, we worked on the folloYvinE areas: SugarPtsllution Ow ¢8mpaÉgtLto stErn soil depletion and envirotimelltal polluti¢)ll ID tbe UK aod improve health byrlUCIngthe amount of land devoted to sugar beet cultivi¢)n. Anaeroblc dIgnOpobloMe1kQe Our &gmpaign to avoidthe use of Ialld intensive aDiDMI re8ring and sulplus food for elle generation by reforniing the poIi¢Aes that shape the allaerobic digestion indi)sty. D#¥tructEve aqHacultsr& Ollr c8lnpgll to improve the $UStsiDabi]ty of seafood tbrough 0Villg coDsumpti(n away from fed awlllture to ed species alld c]wiging ftt( witb 2 focus OD GaVor0$ farnted especiajly sa]m(bn. AqHafeedandg/obalius¢ice Our pthship progrdwme witb Foodrise BU. seeiing to Teducethe threatto jives and livelihoods of aqe¢d supply Trade Ourworkto ensure rTrd¢ suppo, ratber thau hillders. themeeting of ¢nvironmentaL Clinre end health goals. FoodwasleprevenlioF2 ¢amp8igtE to taGkie the root and systemic causes of food espeeialtytbrnugh policy inteThelltion& Meat anddaEry consumption red¢{[0 Our calnpaign to drive redu¢ed meat aud dairy CODsutyionto me¢t cli0¢ targets thrOll poli¢y challge$ and changes ill fo(Kl environments god thepra¢ti¢es ofretsilers.
FOODRISE LTD TRUSTEES'ANNUAL REPORT ONCLUDNG DIRECTORS, REPORD IContAnued) FOR THEYEAR ENDED 31 DECEMBER 2025 Global unddL¥iry corporations andihelpjknancieys Our caMpaiL aiming to delegititnise and defimd tbe industrial livestock industy and its fllWLciers. SeedingReparalions 0r pro8raD]me of work 5¢Bkingto develop the partnership8 and comrnon understanding of & repatory justice framework for the historical hamks ¢aused by British a8ribusilless. S¢cdin8 RePtionS becam¢ its Conllnullity lttterest Company (CIC) in 2025. Green Fulures Ourprogralllllle of work creating opporttmitics for young people iti the progressive food. farmingalld environmental sector. Fd0dapJdJLX/JusI1c8 Ourpro8raTnllLe of workto build links betwern environrnental, food and fanning and raciaijusticc orwisations. ght Éo Food Our progra¢ of work seeknng th¢ ¢nactment of the rightlo food inthe UK througb increasittg access to nutritious foDd aulong low-inGome ¢onJmuniti¢s RegionalFoodEeonomies Our programme of WQTkseekingto build stronger COnul]ItieS arou[ food, grOwiproCESSing througlk the development of community 8nchored social enterprises. Performio•At6 0ndAth1e6ttts Oulcome l.. Jg4StSE4ppfyy chains andagroecologv willprevau.. Globa/ st4pp/y chains.farmiryg undfvhing will conlribule tofoods0vI8Trty gtsod livelihoods, mitigate climaie chailge andenable nathre io ihFTk¢ With the publication of ExhaustedELrth, we ¢stabiished outselv¢s as leaders through our uniqu¢ int¢rv¢ntion focusing on the multi-nationals profiting from nitrogen fertilis¢r pollutton. This approach was wannly welco1n¢d by Allies- triggerillg several productive wnv¢rsations and th¢ opportullity to fil¢ an OECD ¢omplaint a&atnst fertilis¢r gi8nt This year we also exposed tlke co1085al environmental ipaCt of big eat aTLd dairy corporations with the publication of Rots$tig thePlaAét alongside prestigious allie5. Thi5 was a follow up to the seminal EMiYsiopLYJmpossEble and r&8ulted in global media coverage higbligbting the envirotjmental d¥llnag¢ Caused by 45 of the world's top meat and dairy companies. We also stq)ped up work to stop megafgnns in th¢ UK. The Borougb Collncil of King's & West NorfD]k voted IiiiaTIiIIIQU51y to jeCt aplaw]¢d NL¥gafarni ovBr two Sites at Methwold and Feltwell citing sU1Clet inFDTmatioTr from th¢ appli¢8nt-most Thotsbly the absen¢e of a Lyeenhouse gas assesstheJ)t. This followed lls taking on the ¢as¢ alongside partuer Sustain and commissioning l¢gal opinion from leading balster, Ruchi Parek Whi indicated the Council had acted U[da11ybY excluding greenbouse ga5 eElliS5iODS fro]n the enVIron¢tal impact assessment 5upp]ied bythe developer. We hope to replicate tbis success in response to other factory farms. beIievÉttg the decision should be iallt9mount to amoratorium onnew m¢gafarms xu the UK. Our work on this was featwed in The Guardi8ll. Finallciat Thrkts and BBC. Our briefing Fi¥h oul of WalEr set out our position as leaders in callirlg for a ban on land-based salrnon farni$ and ¢owItltig the ngnativE that they are a go(wJ alt¢mative to salmon rear6d in off-shore nets. Thi5 was a joint briefillg with Frencb ¢amwgJ group S¢astenJik andttow endorsed by more thaJ] 20 prosnin¢nt global OTganisatiOllS.
FOODIUSE LTD TRUSTEES'ANKUAL REPORT (tNCLUDtNG DIREcfoRS' BEPORT) (Continued) FOR TEIE YEARENDED 31 DECENIBER2025 Ocefjn Takeover was lached atthe United Nations 0¢¢8ns CollfereD¢e inNice with apress CODferen¢e celltr3ll8 coJJJmuuities aff¢¢ted by the itkdusLriaL seabass attd seabreatn far]8 industy. iticluding Sett¢gal alld M2uritani& Following tbi4 th6r6 was a m4or ¢tory in Poros with the w¢¢llation of a28.fold expwion of iudustriai fish farming on tbe ]Sld 2nd the goveLTmentrevising its entire national 4ua¢ulture plaw including a Con1llent to publi¢parti¢ipation decision making. W¢ wer¢ cxtremelyproud to Wts with tbe tJ)mllLUDity in Poros to achieve this goal, which Kryllpotentially have far rcacbing ¢onstqueu¢es for Greect and the EU. We Tevea]ed1gxg¢ banks and itive5tors' exposure to saiTnon farniiJJg in new rep0rtFuhYFtyMceS. Itwas endorsed by Glob SaEtllonFallDing Resistsnce aud Tesulted in BankTrack, a c8rnP2igryiug organitio0 wbich tracksprivate sector ommercial bath gndthe activities they fitwic4 adding sal]rLOll farlg to the industries Èttracks. B8nk Triodos respolldedto atsrgeted mome over its position. We solidified all dlli&ti¢e Gr¢¢npea¢e, CILallging M8rkets. GSCC andLawycrs for CliateACtIl)llNeW Z¢gJand to coordinate activities to opposc th¢ adoptioll of GWP_ th¢ thgerous alld misleadingllLEa5ure wbicb greellw&%hes ]iv¢sto¢k metlHJe emissioDS. Our joint bri6fing on publi¢prcwementSerring Up was endorsedby25 health and Sl11]ity orgau110tts. Future Gre¢n Party leader. ZackPolaAskn raisedtlLe rq)ort at a GLABUdg and PcrfOrnice Committtem¢ebng all& in r¥onse, they to DJe¢twith us to discuss the briefiug and st8nee onpublic pro¢wem¢nL We ¢ontillued ow fitt0 challenge th¢UK's newtad¢ d¢al with Austs8]Èa oll eELvifoDmentsl grovnts. This year's focus was on challengillg the (TOVnellt,s attemptto Icmove our £IO.000 cost cap undertheAarhw conventioJL This figbt wiIl betsk¢n to th¢ Supreme Court iu 2026- atl iEllportant rnomerAt for aceess to ¢nv1rollmeo justice ill the UL Omtcome 2.. The nght togoodfoodwill be eptsgeted.. Allpeople will hove secure acc to del£0#$, ilthraltyLppropria¢efoodthat u ptulrltityttf d0S pwl r4¥we mironmenlalhurpn There WLS a huge food w&5te win for Fo(Mqri8¢- aftera decade of caD]paigDing on the i&su¢-when the EuLopEazL Parliazllellt and co¢11 of the EU agrecd on Icgally biudillg targets to reduce food w&ste the EU. These are the first legally bindinglargets to r&luce food w>e in the world aud covering 27 membtr state4 and woul(biY have b2ppeu¢d without FoodTiS¢'S dogged calnpaigning. The largets will requirc a 30YD redu£tion in food waeper capita at thc houscholdlcaterinyJretail ltvels, a IOQ/o reduction in manufacturing food wast¢ by 2030. witb 8r¢view ill tUre o potential inclusion ofprimaryproduction food waste.Althoughthe level of the targets is not high as we would have lik¢(L they are ahuge step fotwaxd- placing a legal reqlliremertt llkember ststes to a¢t for the first titne. We also launched ourrnauufactiuing statellLent signed by over70 foodwaste expcrts from academi& civil soety and social ertterpEise groups, Ththich was circulat knpoli¢yma]ters in the EurtspeallParliamenL C0C]E ofthe EU. alld Burope4ll"Cormnissio terms of owworkmryth supemiarkets. Commitinentlssuu w&s published ongs]departhcfS at the Food FouT2datÈon looking atwhy UK retailets are fai]ing to de]iver ontheir cliu]ate ¢OEnmitments alld what cau be done to fix IL (r"reSearch tsxpo8ed thatTetailers had made more thats 600 cli¢ comjnttinents but that 5¢1f regulation isti't w0]ng. Tht rese8r¢h was Covered by Bwijws Gr¢¢n and The Gr(Ker, atllong otherThlevart oudett We published sisterreports Profil cerF1P0s attdPuppose OverProfits alougsi(k Better Food Trad¢rs oudining how SUPeKUtstk¢t dI)]n8CE will w5¢ the goyernmeirt's food strdtcgy to fail, while also outliningthe ats¢TDativ¢s whi¢b are already making a (Liff¢r¢n¢¢. Spot]ighting alternatives to Euperniarkets resulted in one of our most suceessfijl kns¢asr8 posts.
FOODIUSE LTD TRUSTEES'ANNUAL REPORT uNcL)ING DIRECTORS, REPORT) (Continued) FOR THE YE4R ENDBD 31 DECEMBER2025 With funding from Defr& the Gl¢aning Network was re•¢nergis¢d with F¢x)drise coordinating a netwoik of six existing 81eaning groups In England, alld working to ellcourage new groups to start. In order to prevent farm level food waste alkd ILelp support conullItt¢. Outcome 3.. Food economEes WTII befair.. willhave agency ffo creatgfood iJ&¥È ilre elzufve, equEtLxblÉ, r6silienlandcelEbTalOry Thi8 y¢arboth Seeding RepaTatiotts and Sussex Sulplus bec9Jne independent to continue their Yast ipact a5 their own entities. Seeding RepatIO1)S h8s fostered a collectiv¢ of allied orwanisations to forni apowerful network of actxvists worlang towards foodi11sti¢£ arLd equitable access to resources. Susstx Surplus EL85 growtt from a small pilot project into a dynamic social enterprise, offerillg traiTring opportimities for neurj1Ver5¢ youllg peopl4 glcaning surplu5 food. aTJd providing freslL healthy, and delRcious tal5 fro their corarnunity kit¢h¢n in E25'tBrighton. In 2025, s55¢X Surplus wovlded thollsallds of Jneals on a pay what you can ba5i5 and delkvered hundred8 of boxes of groccri¢s to rcsidents of the Bristol Estat¢ who are ullÈble to access their community hub. W¢ ar¢ extrerD¢ly proudtohaye launched these projects and will 0105ely watch thellL achi¢v¢ big thittgs going fornvard. In Merseysidc, the Growing Knowsley proje¢t, fimded bythe Heritage Lottery Fund, culminated oll ahigh witb its &xhibitson Growlllg Knowsley's Fllture- ¢¢lcbiating alCultUral berilage and exposing the are& as one of the couaty's food de5thb'. ¢xhibitiott was & big hit, succ6ssfiElly engagitig the local community xn Knowsley's f(K>d and farmfftg history, including local primary thls. Qu6¢n of Green4 our mobile greengro¢er, continued to go from . strengttL to str¥1b provkding affordable fruit v¢g io the ¢ommunity wh¢r¢ it's easierto buy & Yape thall an appl6. Thi5 includ¢5 the [¢¢ttM¢llt of a sewnd thiver. Jn 2026. our work in Mers¢ybid¢ will dlsu bcwme 8n dep6nd¢nt CoTniLunity Interest Company undcr its nameAlcbemic Kit¢hen. Continuing to ch2nge lives in tbe local In Buckinghamshire, ourhighly successful Green FuLur¢s proj¢Gt continued to.%upport the local gre¢n OnOMy, address youthutterllployrnent and recoDneit young pevpl¢ to ld and nalurc ill thc collDty. tn 2026, UDd6r our new strdtegy, this work will not continue under Foodrise but we're very proud of the work that's been done and the young people's lives it helped to chanss. In 2025, we $ts spok¢ up on food waste, povety and redistribution wkth the laull¢h of our report UsedBy in Parli3ment, which was triggered by £rass root conc¢rn$ overthe unsuitability of much of the foLxI donate(f to food aid organisations. It included direct feedb&ck fron] food aid work¢rs wsth shockmg testimony aboui th¢ unsuitabl¢ items donated to food banks 8t food palltries, with 91Q/o Saying they have had to dis¢ard food donations from businesses for being d8mag¢d, in¢dibl¢ orunwitable. This work ( it cl¢ar that food r¢distribution isn't th¢ answtt to tsckling ctthcr food ins¢wtity or food waste.
FOODBJSE LTD TRUSTEES'ANNUAL REPORT aNCLiJDING DIBECTORS, BEPORT) (Contitiued) FOR YEAR ENDED 31 DECEMBER2025 Pmblic Benefi The tr28tees tbat they have comp]ied SFith the duty ill section 17 ofthe CbaritiesArt2011 to have due red to the Charities cOnlSsiOn,$ geneTrl guidance on public benefiL As p¢r out charrtrable Objec we are delivcrillg public benefit prixDaTiJy tbTougbthe de]ivery of enviromnentsl befi illcllldiJg preventing deforestatÉOD, land ¢onserYatiOll and sparing, greeJhouse g&8 mitigatio4 effi¢ient e of resow¢es and biodiversity cons¢Evatiollin the UK and overseas that can be brougbt aboutthmugb food w&st¢ pr¢velltion. changes to diets inthe UK aod tbe EU andbetter sourcingprdftlC¢E laud otherh1gtL-IcoMq industrialised countriests which Out ¢2paign$ are relcvant). Su¢¢e&% iu tbis obje&t is lgelym¢asured tbFougb iDAuence. policy chattgc al ehanges ill busines$pra¢tACe. We e fjthher deJiverillgpub]ic benefitthrough iroproving th¢ live5 of low-income and m8r%ina]iseif W$. We doing this tbrougbproviding better nutrition for those suffering from food ins¢¢urity, through different initiatives, sucb as low-cost cooking worksbops, coD)Jllwiity talS and bringing frethproducc to area5 laGking in acces8to llutrttious food PT0ViSiO We are fAuthe[ore dDillg so thtouglk rnedia alld policy workto support acces5 to nutritious foo W¢ are fllrtber promotingpaticipatttsn in publi¢ lif¢. incLuding eatIg pathways to en)ploymenL for divcr8e and disadvantaged groups. especially young people, thereby prornoting wellbeTn& oppor¢uDity aLd conllnuDity cohesithL Wt ar¢ 8Jso promoting publi¢ eduGation on go¢Jl food through workshops. di8itsl content 8Ad medi& FurtherOre, we are heIpingto bring about sustainable devel(ynient tbrougb ourprojects iti the Nortb West andiEL the Soutb Easl which aim to bring about a food econ0Y that b¢n¢fits local CO1ti4 serves loc2L ioslitutions alld protwts the environmenL F4ndrnisingStsndoydslnformetion Foothis¢ is COll11ttcd to fidraIsillg be#t practi. We follow the Fundraisitig Regulator's Code of Futt&aising Practicr, iUGludin8 the Getter81 Data Protection RegulatioJ)s. introduced in May 2018. Our staffmaintain a collsiderdte, uDintn]sive approach io fundraising and do uotulldertake ¢old<allitig or employ thirdpartie5 to raise fimds. FoodTise enjoys a very go(Nl ielationshxp with its supporters and fimders zlld llo complaiuts have been re1Ve& All fislldr8ising activity is r¢viewed quart6rly by the FiEmi¢e &AudÈt C¢)nJmittee. Fin0nci4YIRXeW Income 4ndéxpendilwe locom¢ dutsng the year was £1,436,050 comp2ttd to £1.942.340 in the previous period attd marks another strong year in terms of with a si&Jifi¢antproportion of the illcome1VE inthe previousperiod beillg for our activity i 2025. Project-re]2ted restri¢ttd F$ £1,167,497 c4)Jnp8mlto £1,805,894 forthe precethg period. and unrestricted in¢ow¢ was £268.553 comparedts £136,446 In the prevAQW perio ExpenditiC during tb¢ y¢arwas £1,636.754 coj)]ped to £1,531.579 in the previousperiod. Proj¢¢t-relat&lTestri¢ted expenditure fortbe year was £1.488.501, an in¢reas¢ of£108,019 over £1,380,482 in the previthts year. PrOjt-e1at¢d restricted cxpenditJr¢ ill the y1 includes paTrrynents 8Jnouttting to £364.723 to parta organisatioDS. enablsng us to ourproject ¢xp¢rtise capability, andtherefore our ovtrall impad. Payments to pthers ifl the pr¢vious period were £397,385. UDrestri¢ted expenditure in the year was £148253, 2nd in additio trallsfers amointing to £26.123 were ]nade frojn Utsr¢strirtBd reserves to 8UPPOrt projects. kn the previous period. Unrestrioed ¢XpendItte was £151.097 withtrdnsfers ajnouuting to £27,414 mad¢ from. UrestrICted reserves to supportprojects.
FOODRISE LTD TRUSTEES'ANNUAL REPORT {tNCLUDING DIRECTORS, REPORf} {Continued) FOR TFIE YEAR ENDED 31 DECEMBER 2025 As a result, we repon a d¢fi¢it of income over expcnditL]re th]ring the period of£200,704. Thi5 overall d6ficit c8m be broken down to a deficit of £294.881 of Proje¢t-related restrictcd income over expenditure during the period la5 we spent (low incDme rcccived in the previous period), alld a surplu5 of £94.177 in UnTestrioted fid]llg. Totalreserves al 31 D6c6mber 2025 totall¢d £604,346 (2024: £805,050) tomprssing £411,427 of project-related restii¢ted r¢s¢rves12024= £706,308) ad £192,919 of Unrestri¢tedreserv¢s12024.' £98,742) of which £1,792 fomjs our desigll&ted anti-oppre&5ion fjjnd. The level of Ullrestrkctcd rcserves was in line with our Reserves Policy (see below) at thE yrar end. stsff costs remain OUr185t area of exdilUre. The total staff costs forthis wiod were £826,640 an in¢r¢&3e of £26,69613 /.) ovei the conJp2rative figure for tILe precedAngperiod (£799,944). ReservesP(>liey Foodrise's resenTespolicy, adopted in 2023 is as follows.. "We m8intsin lie5erves to safEgudrd ¢onttnuity of operation5 if CotLe stteams are temporarily lower than exp¢Gt¢d to en5UTe, as far as posstble, Security of employment for staff between projects. The R¢serv¢s ensure that we ate able to meet all of our fInl¢la] comtnittlltTLt5 at all iim¢s. We will maintain urtriCted Teserves in arange of between £lOO,000 10 £215,000, with reserves peaking at around £215,000 on receipt of from our main funder, and those TeservEs then reducing down over the Cou¢ of the year to around £IOO.000 by the time of the next funding. This policy Ivill en5UT¢ that we have at least 6 months. cover of UnrestriGted costs at all times and so protects the f1claI status of the organisation." Unrestricted reserves at 31 December 2025 and at the date of the signing of these aollts orewithin the range set out itt the revis¢d PoLicy. Going Concer At 31 Decemb¢r 202S our bank balauce5 totalled £429,793. Thanks to the 5UPPOrt of OUT fimders and the ijnpactful wk done by our tell, Ong voth our Strong finan¢xal plimning and manage¢ll( we are very confid¢nt that we will colltEnue as a going ronreTh for th¢ 12 llsontbs following th¢ dat¢ of this r6pi)rt and beyon PTiNcipalFundikw SoHr¢es Foodrise is gratefi]I for the support of a nullEb6r of individuals. trL, fowidauons, partnerNGOs amd ititemational organisations. The institittional fiderS of FoDthis¢ in 2025 wrrg.. Brighton & Hove City Council Brigbton & Hove Food ParttL¢Ip BuclJnghshI[ Council CELaritie5 Aid Foundatithn Departsn¢nt fOrEnvironnJl Food & Rutai Affairs Depanment for Work & Pensions Ennismore Foutidatio Eée Fairbaim Foundation Evan Cornish FDtJndation Heart ofBuck5 John Swxr¢ 1989 Chwitsble Tra8t Joseph Rowtttre¢ Charitable Trust National H¢ritag¢ Lottery FuTEd Network for Social Chall8e 0 Foundation PatsgoniaFoundation Rauch Foundation Rockef¢ll¢rPhilanthropyAdvisors Rothschitd Foundation Stiehting Foodrise EU The E¢st Kleinwort Chariiable Thut The John Bll¢mian Foundatio The Waterloo Foundation Thomas Hickmgn's Charity Tiny Beam Fund And those who wish to reaIn anoniThDUS
FOODRISE LTD TRUSTEES'ANNUAL REPORT (INCLUDINGDIRECTORS'REPORT) {Continue6J FOR THE IEARENDED 31 DECENJBER2025 Structur4 Goyernuft¢e Foodris¢ As a ¢b&Titable coJJpany limited by 8llarnLte4 r¢Wed iti England aJLd weS (d)ltynther 1155064, company llUEtther 08530711) alld govemed by a M¢moEgndutn ofAssociation datcd 25 April 2013, andArticlcs ofAsso¢iatiollwith 8Jnendtllellt dated 9 December 2013. Noll¢ of the Irust¢¢s h8£ gnybenefi¢iaI interest in the COllLparLy.All th¢tnJstee$ aremcmbeTS irfthe ¢omp8ny and guarle¢ to contrTrJure £5 ia the event of awinding up. The Board coll11$ed nine at the bewipg alld Diue attbt end of the Y and rn¢t fovrtimes during th6 period to ensure good govcrnance and to obtain assurance over all major issues affe¢ting the perfonnance and tUre devtlopments of FwdTiS¢. Three Thiste¢s resigued during the Ye èncithrec n¢wthJstees were Sppoiutedto extelldthe range of experiellce of the Bwd. The Finauce & Audtt Committee, comprised ofthree Tnttes, meets qllarterly to rcvi6w fiDan¢ial perfonttance and fInCiaL risk mallagemtnt 2Ddrnakes recomTh¢ndations on fin8ncial lltdttcts to tbe Board The Op6rations Con]mttte¢ comprising amit)xttlu oftsvo Trllstee& again Tneets quarterlyto review operational mattws 2nd makes r¢¢oJJJmendatiOll5 to the Bw RecrMElmeftt WApP(lneRt0S Trtsstses New trste£S are re¢rnited to rnect thc skills aad experien¢es requiredbythe tharity. AdYertisenLellts ar¢ placed OD our websti¢ and with relevant orgaois2tiollb in orderto attra¢t a wide variety of suitsble applicsnts. Ncw ITh are elected by the BO(l initially for atF&tttryeart¢rn. whi¢b ¢allbe extended for afirther tenll. TrteINduCtIon Tr4inin8 Prospecttve Tn]stees are sent an infoThnation pack about Foodris¢. New Thtstee induction is und¢rtakell by the Chair, otherd members and the Executive Director. Trustees e encouraged to llse resou8 provided by the Charity Commission and to network intemally alld cxternally to maiutaiu and develop their kmowledge and Trnste¢ skills. Foo(trise's seniormanagement teatn consists of tb¢ Dtputy Director 8od the Dircctor of Cajnpaigos who rewt to the Executive Dire¢tor, who ill reports to the Board ofTrustees. magerS itt¢lude an &xp¢rien¢ed Finallte Matsager, Hkmanagcr alld COInDIcations M•)y. The team furtber coThpri&¢5 of experieD¢¢d staff with a r4uge of skills. covtting tht prOatiC and rnallag¢rial dem¥nds of Foo(tsise's opexatiotts. JiemwtsraÈxon ofstaff Foodtise off¢t5 competitive salari¢s to attsaot alld retsin strOllgtea members, 1th]ll tbe cons1[ ofb¢JDg a ti)id.sizcd ¢haJitable orgaDisation. W¢ mailltsin afaÈr aDdtraDsparentpay 5truGturewin8 $8]ary b3nds that thow the miDimum £ll8X1ulll tILat au employee performiog a Cknilljob at Foothise nortna]ly e)ms. Saiy ballds are set as p¥rt of ourpaypolicy and co]llpetency fraTneworK 8nd are nornLally reviewed bythe Senior ManageiututTe8m on an awjual basis. Remuneration of the Ex¢cutivc Directori8 appmved bythe Board al the reulleratt0n of oth¢r stsff is approved by tILe ExecutiveDixector.
FOODRISE LTD TRUSTEES'ANNUAL REPORT (INCLUDING DtRECTORS' REPORT) IContÉThued) FOR THEYEAR ENDED 31 DECEMBER2025 R&Tkm4rt0geett¢ The Trllstecs regularlyreview tbe riskregister, colllprising thB Potcniial operntiollal, strategic 8nd financial risks tbat the CharItyaY face 8nd ¢onfimi that tbey have established systems to tninimise sllch risk5. should they ateriali5¢. PlaTh$ budg¢ts and strategies are reviewed 2nd approved on at least aTll basts. We have a Comprehensive risk registcr to identify, Jnitigat¢, and manage risks, wbich is revigw¢d and updated quarterly by senior leadership t68) and bo8xd. Th¢ top risks we have cUentlY identifi¢(i wjd our approach to rnitigatill8 those risk5, are a5 follows.. Stsff representation: Due to some staff resignations, our teatu is1655 dive6 in 2025 than it was in previous y¢ars and is aot representative of ourbeneficiaries. This risk is beingmitigated by ongoing intBrnai work a]nongst both the staff ad board oll anti-oppressiv¢ practice ineluding JEDI lea(l¢rship training for our Executive Director. Siucc 2024 wt hAve implcrnented new recrllitmet practices to bring awider pool of candidate5 for job and bu4rd openings and publish6d out public Equity, Justice dAn[1-0pPrtsslOry statemellL as well as continued work on other elemellts of our ltI-Oppr¢$sLOll workplaL Income gener*tlon aud competitive ellvironmtnt: Our mainlisk is failure tts Secu llnrestricted fillkding, which would Icavc us with a 5ignificatkt shortfall offitt)ds in core sllppor¢ leadsng to significant orglS&tIOna7 restructuring. We alway5 seek to dtversify our fi(ts. s¢cureunrestricted fimding from dollatlolis. charg¢ organisationai overheads from projeci fimders, and operate on a fi]11 cost recovery basis a5 Illubh db pussibl¢. In 2D25 we were fortunate to receive arnajoT unre5trEctsd donation which has strcn8thcncd our unrc8triettd fund PDSitioll. Failwe to s¢cur¢ wo8rgmmatic fillLding as plaM¢d is also a risk. While ]nLue geDerdtrd in 2025 was les5 than in 2024. we are pleased to have secured 2 new Large prOgrarllatiC grant during the y. Nonethel¢sS, w¢ are opeing in an increasingly crowded Spac4 with competÉLion for fi]nds. kn yddition, froTn 2026 w6 will b6 implcm¢nting our new four-y¢ar strategy which aY ipact our abi]ity to secure funding. tuitigated thi5 risk by sharing drafts thfthc %tratcgy with key fiderS and ensuringthat the strategy was infonned by 8n in- dBpth extErnal ¢valuativD proce%$ including discussions with external 5takcholdtrs consultation with stat¥ members. We are also seeking to millirniSC risk ofrtducgd through qualitydelivery of existing proa]neS alld developing 5tron& long-teTtn rBlatinnship.q with donors. c¥¢brand in 2025 was a su¢¢&%s and pr¢sented att opportunity for increa5¢d visibility dtnvttgst donurs. Alydiated ornSations, alliallees, #nd partnerships.. We are a Complex organisation for our size, wkth 5everdl affiliated orgallisatsons.. our 515ter orgallisatioD in the Nether[th, CICS for ourprojects in the regio. Moreover, w¢ &livcr 8Jl our activities ID partnership with other civil society UpS or conununity tsUps. some overseas, 50m¢ in tILe UK, sojJ)e incortA)rated, others infoTrnal. These collaborations gLd local spiti-otTs are tb¢ ¢ore of our work butpresent some legal risks, aDd risks to a¢¢ountability, fithdrass]ng, end effectiveness. Ongoing renegotiation of our relation5bip with Foo(Ert5c EU (undEr nEW leadeT5hsp) is undetpinned by tsur partnership 8gr¢effi¢nt signed in 2025. With a nuttlber of CICS beGo]ning in 2025, we hav¢ ]Danaged these risks through providing fllHllcial and operational support whilst ensuriug robust proje¢i trgnsfer agreemcnts haye been put in place. Unfavourable operatiug collteit: OLW ¢UTrent opcrating ¢ontext Is ill¢reasin8ly faVOurable with politica] fragttLCnt&tion and ¢nviwDThental issucs no longerhigh on polilical polkcy agendas alongside a shritkng of the fimding space and axeorlentstion of prioritie5 for US funders. Whilst our iSSLE¢S hav¢ never betn tnore criticaL thE lad$Cape is be¢on)iJg on¢ in whi¢h it Es much haTdErto operate. We are llLitkgating this risk by evolving bow we work. devBlopitig a n¢w stratcgy for the PEriod 2026-2030 tbaÈ seeks to respond to these sssues. io
FOODRJSE LTD TrUSIEES'AFtNUALREPORT {INcLUDG DIRECTORS'REPORT) (Contiuued) FOR THE YEAR ENDED 31 DECEMBER 2025 R¢f¢rence 0ndAdhthðTJ5 Foodrise 1155064 Company registrationnumber.. 08530711 RegRgtered 8ndpriucipal office.. SW107 ScreWOrks 22 Highbury Grove Londi>ll N5 2EF j)IreOr ond Truste The Board of TrLLsfvs ¢onstibJtes dr¢ctors of the company for thepw)ose of Lwipauy law attd trLSt¢¢s forthe pulse of law. ThetrL8tees serwng dwingthe year 8nd since the year end were as follows.. Ruth Chamb S8rah MoThisoti JaY Briggs Tabitha Gilla Matth¢w Gould Dre Hugbes Mgnpreet Khaird Gillian Lobo VTh¥tau Madukeh Elitheth Peake Adesola Sotallde-P¢t¢rs Sopbte TLL8on Treasuter resiglled 21 October2025 resigned 3 July 2025 appoxuted 23 O¢tob¢r2025 appoint¢d 23 October 2025 r¢5igoed21 Juue 2025 appointsd23 October 2025 No re¢eived auy remUnatiOn fortnL%tecs' services theyear (2024 -Nil), nor didtheyhave any bcneficial illterest in any ¢OnlWith the ch8rity. ExUtive Director. Statutory Auditors: UBY Ross Brooke Ch8rtffedAccountsnts Suite I Abingdon Business Park OX14 ISY li
FOODRISE LTD TRUSTEES. ANNUAL REPORT (INCLUDING DIRECTORS, REPORT) (Continued) FOR THE YEARENDED 31 DECEMBER 2025 Banks.. MEtroB8Trkpl I SoutEwnptoD Row LortdortWCIB SHA Triodos Barnk NV Deanery Road Brsstol BSI SAS The Cfrop6rativ¢ Bgnk plc PO Box 101 l Balloon Street Manchester M60 4EP Stalemen¢ ofthe Tr#s¢ees'Responsibilities The trusiEeb (who arv also directors of Foodrise Ltd for the purposes of ¢oJnpmy law) are responsible for preparing tbe Report of tbe Trustees and the fillyncial staten)ents itt 8¢¢ordwce with applicable law aTu] United Kingdojn Accoulltg tsdd5 IUnit¢d Kingdom CJcttcrallyAcceptcd Accounting Practice). Cojnpolly law requires the trustees to prepare fmancial statements for each finBnBial peri1 whi¢h give a tm¢ aDd fair vicw of tlLe State of affairs of the charitabl¢ wmp9uy at th¢ baIance sheet d&tE and of th¢ Illro]ng rttsources and application of resources, including illcorlle and expellditure of th¢ ¢Ilt#ble ¢ompany for th¢ financial period. In preparing th05¢ fthaA¢i81 stat¢n¢nts. th¢truste¢s 8r¢ required to.. Select Suitsble aceouLting policie5 and then apply thenk ¢onsist¢rntly' Obs¢rve the llkethods and prinGipIEs in the Ch3ritids SORP 2a19 (FRS 102); Mak¢ judg¢m¢nts attd e5timate5 tbat art rea50nabl¢ and prud¢nt. State whether applicable UKAccouttting Stthdarts have been followe subject to any material departures disclosed and expL&Ened in the fitLgrtcikl Stement. 8nd Preparo th6 fall01a1 statellLcnts otLthe going ¢on¢¢mbasis unless it is inapprowiate to presume that the charitsble company wdl continu¢ in operation. Tbe trustees 8re resEionsible for keeping adequate accounting records which disclose witb reason&ble accuracy at 8ny tinle th¢ fiJLancial positiou of the charitable company al enable them to ensure that the finallcial statements comply with th¢ Compani¢sAct 2006. They a150 rc5pon5ible for 5afeguaTdiDgthe assets of thB clLaritablB company and h¢n¢¢ for tak8 reasonable steps the prevention and detection of fraud and other irregul1tLes. tn so far as the trustees 8re aware: there is no relevallt audit ]nforE[tIOn of which the ch&ritsble company's auditor is aware,. and the trustees have taken all Steps they ought to have tg1(en to make themselves aware of any relev9ni audit information and to establisFLthatthe &uditw As &wgre of that infom8ti0n. 12
FOODRISE LTD TRUSTEES'Atr4NUAL REPORT (INCLUDING DIREcfoRS' REPORT) (Contitiucd) FOR THE IE4R ENDED 31 DECEN(BER 2025 This reportbas been prepared in accordance tbtht speciatprovisions relating to small companies within Part 15 of the CompaDi¢sAct 2006. On behalf ofthe bo ILah Ruth ChotDbers Director aJ)d TrLIS*c MAtth¢w Gould Date: 1610712ct 13
FOODRISE LTD INDEPENDENT AUDITOR'S REPORTTO THE MEMBERS OF FOODRISE LTD Opinion We IL&V¢ audited the fartcal statenLents of Foodrise Ltd (the'charkty.) for theycar ended 31 Decanb¢r 2025 which coxnprise tbc statemerLt of financial a¢tivitkes. th¢ balgnce shee¢ statemenÉ of caslrflows alld notes to the fvwi¢ial statements, including siguificant Accounting poli¢i¢s. The fman¢ial reportin8 frameworkthat has bee applied in theirprepwation is applkcablt law and United Kingdom A¢¢ouDting stdards, including Finaneial Reporting Standard 102 The FinauciaL Reporting Standard appJic9ble ID tbe UK and Republic of Ireland (United Kingdo GtraI}Y Ac¢¢ptedAwulltins PraGti¢e). In opiThionthe finan¢ia] ststemenrs.. giv¢ atNe md fair view of the State of the charitsble Company's affairs Hs at 31 D¢c¢mber2025 and of its incoming resources and appli&qtion of SoUrces. for the ywdr then ended; have b¢¢nproperly prepared in accordaTLce witb Uniied Kingdom G¢nerallyA¢¢¢pt¢d A¢¢oullting Prartice,. have bEenprepartsl in a¢cordance withthe requirements ofthe Companies A¢t 2006. B#sis for oplDIoD We collducttd our audit in axord8nce with International Standards onAuditing (UK) IISA5 1) aud applicable law. Our rc5poll5Lbilities underthose standards are filltherdescribed the Auditor's responsRbilities for tbe audit of the finaDcial 5tatemettts section of our rcport. We are itLdependent of the chkritable company in accord)Ce with the ethical requir¢ments. thdt ar¢ relevanl to our audit of the fan¢[al state¢ts in the UK, includin8 thc FRC'S Ethical Stalldard, and we h&ve fvlfi]led our other ethical responsibilities in accordallcc with these rquirements. We belÉcve thattlLe audit evidence w¢hav¢ obtain¢d is suffi¢i¢nt and appropriat¢ to provide abasis for our opinion. Colltlusions relatkng to golng concer In auditiug the f(la1 statements, wc have ccmcludcdthat thc dircctors, use of the goillg wncern basis of Account in the PTeparation of th¥ fuwiiiai stdiemenis is appropriate. Based on the work we have perfored. wc have not id¥niifivd material uncertaintxes relating to events or conditions thaL individually or co]tectiv¢ly, may cast signifjcant doubt on the ¢h8rity's ability to ¢ontinue as a going ¢onceEn for a period of at least twelve mottths from when the fman¢i81 statements are authorised for Issue. (h responsibilities and the responsibiliti¢5 of the direct$ withr¢spe¢t to going ¢on¢¢rn ar¢ des1b¢d in the relevallt sections of this report. Otber information The other information ¢i)mprises th¢ infonnation included ill the annual report otherthan the finallci81 statements gnd 4)ur auditovs report thereoll. The uustees ar¢ responsible for tbe other iDfomiation contained Itbin the ryort. Our opinioll th¢ f¢181 statements does not wvcr th¢ oth¢r Info[atIOn do not expre55 any for1 of a55uranGe conGlusion thereon. Ourresponsibility is to read the other ithnnation in doing so. consider whether the other infOatiOn ts materially inconsistentwith the fancIal statements or our knowledge obtained in the course of the audiL or otherwise appear5 to be rnatcrially mi55tated. If we identify SLwh material iticonsistencies or apparellt material misstatEnients, we are required to deterIlle whetlLerthis gives risc lo a mat6rial lStat¢ellt in the fjnallcial StateentS th¢selVeS. If, based oll th6 work w6 hav¢ performed. we conclud¢ that there i5 a m&teriai misgtatement of this other illforniation, we are reqlled to rq)ort that fact. We hav¢ TrothiTrg to rcport thi.s regar 14
FOODRISE LTD INDEPENDENT AUDITOR'S REPORTTO THE MEMBERS OF FOODRISE LTD Opinion$ on other Dtter$ prescnThed by the Compsnies A¢t 2006 Jn our opinio4 based on the workwldertakeo iti Ihc course of th¢ audit: tIL¢ iDforni8tton given ill trA¢ Illees, report for the financi Y for 1)Ich tbe thancial stgtements arE prepare(L which includes thc directo, report pr¢ed for the p0s¢S of company law, is consistent with the fjJwi¢i81 Stat¢ents. aud the gtrdtegic report and the dwectorg report have been preptred in accord8llGe app]ic&bl¢ legal reqUir¢ellts. the directors. report inCluded]lettu5tees,rcportb¥ betnpreparedin accord2nce applICable legal Matters which Tve Are requlred to report by exetption In the light of tbe knowledge and und¢r5t3nding of the Chlty and Ats etivironment obtsttied iu the course of tb¢ udil wehave not identifiedmaterial tllisststem¢nts ill tELe diTr¢tors' reportincluded Thrytbin the trnstees, reporL Webavenothingto reportinrespectofthefolloMTrugllLattersinrelation towhichthe CompauiesAot2006 r¢quires us to reporrto you rf. in our opiuio the sDfonDation given in the finlttcial Statements is illconsistent in any makn1 respert with the trustees. sufficient accountillgrecords haye not beenkepi OE tbe fujancial sratements are not in agrcement wrythtlLe a0tillg ordS andrebJrns" or ¢¢tsin disclosures oftrustees. remun¢ratioll spe¢ificd by law are notllLade' or we have notreceived ail the it]fonnation aTLd txplanati¢)ns we required for our alldit. The trustees were noi eutitlEd to prepare the fJnan¢ial stateMts in accordall¢e the small ¢ompallies regime 3nd tske advantsge ofthe stnall compgnics. truptiOnS in preparing the Tntstees'ALllual Report and take advantsge of the stnall CopanieS ex¢]nption from the r4uirement t0prep8 a Strdtegie R¢porL Responsibilitks of trustees As exp12ineduLQT¢ fillly iattLe ststemtnt of trus*¢s' T¢sponsll)ilxties, tbe tn]stee5. axe also the directors of th¢ Charity forthc purpose of oompally law. are responle forllke pr6paration ofth¢ fjnancial stattmcnts and for being satisfied thattbey give atsue and fair vicw, and for such int6rnal Gontrol as the tnL8tees dctemine is lleces5ary tt) enable tbe prepoxation of fclaI statemeuts that are free from material mi&statemeni M@ether due lo fraud or effor. tnprepariDg the financial ststemenL% tbe trtLSt¢¢5 rc$pOttl)It for&svsiug the CharAry'S ability to continlle as a gOiELg GonceThL disdosing. as appIioable, mattets Telatedto going con¢em andusitkg the going (l1Ge basis of accountiJ]g un]ess thetrustees either intend to liquidate the tharitablc eomp2ny orto Cease operdtion8, orhave noT¢alisti¢ a[telltive butto do so. 15
FOODRSSE LTD INDEPENDENT AUDITOR'S REPORTTO THE MEMBERS OF FOODRISE LTD AudlÉor's responsibilitRes for the audit oltlje f3ngncig1 Stateents Our objectÈves gxe to obtsin reasooable assuranc¢ aboutwbeth¢r tb¢ financi statements as a whole are free from aterIaL misstatement, wh¢th¢r dv¢ to fraud or trror. and to xs¥ue 2n ditOr'S report that includes our optiiii)n. Re8sonablE as5urallvr is ahigb l¢vel of ass¢¢. but is rtota guarantee that an audit conducted in a¢¢ordance withlSA5 (UK) will always dcttct a matertal misstatement when it exists. Misstatemellts can arise from fraud or eLror 8nd tre considered material if, individually or in the wegate, they could reasonably be rKPtttcd to ]rllence the econotiLiC decisions ofusers taken on the basis of thcK fllwacial stat¢m¢nts. Irregularities induding fr&ul are instanccs of Don-wmpli8n¢e with laws al regulattons. We d¢sign procedures iti ]itie with our responbilitieS. OUtI3Ded abDvc, to detect Jnaterial misstatements in respect of xryegllLarities, includitig fraud. Th¢ specific procedures for this engageent and thc extentto which these are eapable of det¢ctitig Irregulariti iticludin8 fraud is (ktsiled below.. We have considered.. tELe llature of the chatity and sector, control enviionmcnt and operating performance; the ¢barity'$ own asse55m6nL including assessmcnts made by kcy Manageent, of the risks that irregulaTiti¢5 may occur either as ar¢sult of fraud or error. atty matters we ideJLtitied having reviewed th¢ charity'5 wJlitie% arjd protedurcs rclatEng to.. identifying, ¢valuating and compl)qng with litws r¢laUn& dnd whethtt they were aware of any installc of non-compliance. detwting and respondingto the risk5 of frd gnd whether they hav¢ knowl¢dg¢ of any actual. suspected ox alleged fraud" and the irnt¢rnal ¢ontrols established to mitigate risks of fraud or non-WLupliau¢¢ laws and r¢gulat&ons' o the matters discussed allLong5t thB audst ¢llgag¢m¢nt te8m. Ab. aresuli of thesc procedures, we collsidered th¢ opportunities and incentiv¢s that may existwithin the organisation for fraud and ideifLed tEL¢ great¢5t potemial for fraud in th¢ ar¢8s in whi¢h managem¢nt 1$ requiredto exeEcise sigwfLcairt judgemellL 5LtGh as the reCOltI0 of illcome. In common with all &udits uoder ISAS (UK), we are ajso required to perforni specific procedures to resportd to the risk of magement oyenide. We aLso obtained all uryderst2nding of thc legal and rellatory fram¢wotk thatthe charity operates in, fo¢Illg on provisions of thos¢ laws gnd regL]Iations that had a direct effect on the deterrni]kition of matcrial a]nounts glld diselosures in the fman¢iaL stat¢ments. The key laws aTLd regulation5 we considered in this context were the CotnpaniesA¢L ChltieS Act and tsx legislation. Because ofthe inherent limitations of 2ll 2udi( there 15 2 risk that we will not detect all itregularitie& iti¢luding those leading to a material misststem¢nt in the fJnanci81 stat£ents or llon-compliaDce with regulation. ThKs risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the finall01 StAteents. as we will be l¢ss likely to become aware of instances of non-compliznte. The risk is also greater regarding irregulaTiti¢s oc¢urritig du¢ to fraud rather than error, as fraud involves intelltional conCea]ml forgcry• coIIu5ion, omission or lSr¢presfatio. A fillther dcscription of our responsibilities for the audit of the fjnancial statements is locat¢4f on thc Financial Reportillg Counril's w¢bsit¢ at.. http'.IAww¥.frc.or8.uklauditorsrespoJJsibilities. This description forn15 part of our auditor'5 rqJorL Use of our report 16
FOODRISE LTD INDEPENDENT AUDITOR'S REPOFifTOTHE MEMBERS OF FOODRISE LTD This report is made solely to the ¢Ethtitys members, 83 a body, in accordallce with Chapter 3 ofPart 16 of the CornpaoiesAct 2006. auditwork hagbeen undertakell so thatwe might stat¢ to the eharitys Dembers those atters we att required to state to them xti an allditorfs rwrtand for no otber purpose. To the fijllest extent ptrD)itt¢dby law. we do not accept or assu6 respollsibijity to allyone oth6r thau the Clwity and the Charitys members as a body, for our audit worL foTtbi5 reporL or for the opijjions wehave fonll&L Caroline W¢bsterFCA(S¢nior StatstoryAuditor) Vor and OD belf of IIHY R05s BnJok¢, StAthtoryAuditor Suite I Wrndn Court Abingdon Busitiess Park Abittgdon Oxfordshire OX14 ISY 2910712026 17
FOODRISE LTD STATEMENT OF FINANCIAL ACTIVITIES IINCLUDING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 3 1 DECEMBER 2025 Restricted funds 2025 Unrestricted Total Total funds 2025 funds funds 2025 2024 Note Inconie gpTdoiwRJmentsfropn.' Donation5 and legaci¢5 Charitsble activities Other trading activities Investments Othcr 31,692 1,069.682 66,123 258,188 3,500 1.125 5,740 289.880 310.526 1.599,956 21,914 8,213 1,731 1,073,182 67,248 5,740 TDtal income 1,167,497 268,553 1.436,050 1,942,340 £%pethiiiure on.. Costs of raising funds Charitable activities Other 29.628 116,009 2,616 29.628 1,604,510 2.616 24,577 1,503,855 3,147 1,488,501 io Total exp¢nditllre 1.488.501 148.253 1.636.754 1,531,579 Net in¢om6llexpcnditurel 1321,0041 120.300 1200,7041 410,761 Transf¢rs b¢tween funds 18 26,123 (26,123) Net 0VEment in fvnds 1294.8811 94,177 1200,7041 410,761 Re¢on¢iliation of fynds.. Total fvnds brought fon¥ard 18 706.308 98,742 805,050 394.289 Total fijnds carried forW9d 18 411,427 192,919 604,346 805,050 The Statement of Financial AGtiVLtie5 in¢lud¢s all gains and1055es reeognised in the year. All activities derived from c0ntlllusg opeTalion5 during th¢ above two financial periods. 18
FOODRISE LTD BALANCE SHEET AS AT 31 DECEMBER2025 2025 2024 Note Fiyed assets Tangible &ssets 15 1.296 6,928 1,296 6.928 Current x$sets Debtors 16 257.011 429.793 384,457 639J15 Cash at bank and in hand 686.804 1,023,772 Liabi]ities CrediluTS: amounts fallin& due withi one ye2T 17 (83.754) (225,650) Net current 4ssets 603,050 798,122 TotsI assets le$$ current liabiltti¢s Creditors.. Ajnounts falling due after mor¢ than QTae year 604J46 805,050 17 Total net assets 604.346 805,050 Funds kcstrict¢d income fvnds UFJrestrtcted in¢o]ne fvnds 18 18 411,427 192,919 706,308 98,742 Totsl fullds 604,346 805.050 These a¢¢ounts have been prcparcd in accordance the provisions appli¢able to companies subjectto the small Companies regime. The financial stat¢menis w¢re approved by the Trustees. and authoTÈSEd for issue on are signed on their behal£ ty. ILLLkn Ruth Chambers Chair Company Number: 08530711 19
FOODRISE LTD STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECENIBER 2025 Note 2025 20Z4 Cash tIow5 operating activities Net cash provid&J by OPVAting activities 21 {192.8611 85,348 Cash flow5 frotn investittg activities Inierest income 5,740 8,213 PuTchasE of tangbl¢ fixed assets 122,40II 11.8441 Ch provided by investing activites {16,6611 6,369 Change in ¢ash aajd e2sh equivklents Tn the year (209,5221 91,717 Cash and ¢uh equivalents the beg1sIng of the yea 639,315 547,598 Cash tash eqlllvxIents At the end of the year 429,793 639j15 20
FOODRISE LTD NOTES TO 1HE ACCOLWFS FOR THE YEAR ENDED 31 DECEMBER 2025 A¢eountillg polieies Thr principBI gwountiDgpoliGies adopte¢ judgements 2ndk¢y 5DUTces of estEmatioD e¢rtaInty Yn the prepaT&tion ofthe finatt¢i81 st8tenMts art follows.. 1.1 Basis prePrAtill of rjDatIl ststtm¢nf$ Foodrise Ltd is ap17vate company limikdby guardntee in Engialld 8Dd w¢$ ¥Adh no sbart ¢apttaL In the eventof the charity being wound up, the ljability in respect oftb¢gwmtee ts 1ltedto £5 PErllKtDb¢roftht ity. ThereBistered office is SW107. scrworkS, 22 Fb8hbury GtOV4 Londory N5 2EF. The charity ¢titLIteS apubliebenefitentity 8s d¢fLned by FRS 102. The financial stattmettts havebeen prepared in acc4xdaJJce Accounting ReporttDgby ehÈrities: Statejnent ofRe¢ottJmendedPra¢ti¢e appli¢able io dxTitiespreparin8 theitaccounts m ac¢orthJ¢e with the Fingncial R¢poEbng Standard ayplicable in the and Republic of issuedin October2019. th#FinancE ReportingStsrtdaTd applithle in the UK and R¢public of1rt12nd LFRS 1021. the Chariti¥ Aa 2011. the CtsmpaniesAct 2006 and UK GeneraEly Accepted Ptactice. Tb¢fin¢1ÈI statemeDts areprcpottd on ¥ going concern b18 uoderthe hi5twi¢ cost nVetiOrL The i¢iu2 stJi¥rneDts are prepgttd ll] Sts[l8. whiGh is th¢ fvtt¢tl0D cllrrew ofthe ¢oryany. MonEtsry uots in these financi statettts tr round¢d to the nwest£. 12 Goiug ¢Dlltern Th¢ flljtncitil statements h¢ebecnpTBwed on e gotiJ8 CO]ern bis th¢ trLLses be]ieveth&no materi t]ncErtainties exist. Jn ]naking this $Melli the trUSLttS hav¢ consider&1 the charity's ¢Umtlevel of r&sthCtÈd artd UDr#tri¢l( frd b¥Jan(gs. Lonfirrrted irL¢ome and expected¢xpmditwt for 12 rnonths from authoiising thes2f8ci siatemeD4 and the the pieplitte of ttXFtct¢dgTh]( dnd donation CoMe atid rthflow foTeca%ts. On tb¢basis of this itiformatiory the ttwi¢cs arcsatLsfiedth3tthe budgetea lev¢1 ofincomc expettdire is suffjcitst foith¢ (l1ty to continu¢to hold unTestriedrCSteS in ]tWith owroq¢rves poli¢y and forFoodriseto be èbloto coniinue as a80itig wnc¢rrn IJ Fund ctounting Unrestricted fi]nds 8r¢ av?ilable forLe at the diwretion ofthettust¢¢s in futthettnceof thegeneral objectives of tbe charity aod which have ]LOtbeEn d&%i8nared forotherpuryos¢s. Dr51ted fftmds 8r¢ unrestii¢td fia5 by thetruste¢s for lcularpury0Se¥.. Rcstri¢kd fund5 are subjtaw resrrictions ontheit expthditure inwsedby thc donor. 1.4 1DcoDJ¢ r¢cognition All incomiDg resources are itiduifed in the Ststcmcnt ofFillaDCi3J Aaiviiies (SOFA) whttnth¢ tharity is legally entitledto th¢ inc0e aft perf0rn18nce ¢onditiolls be JLeL the tmountm bernllred reliably Ind itis probabl¢ that th¢ incomtwlll be receive For donations to b¢ r¢cOlS¢d the charity will have beell notified orth¢ 8movmts attd the settl¢ro¢ntdat¢.in tin8. If thtTcatc conditiorLS attaehedto the donation al this rtqutrtt a level ofperfomwce befo ¢Dtitlcmcni caD be obtned then income is defelUntil thosc conditions zre fully ty orth¢ frJlfilTDentof those conditions is the control of the charity alld itis proboble thattheywfjl Ee fillfilled. Dofied facilities and d8{¢d professional 5¢r%i¢es aT¢ rec4)gDised in in¢om¢ arthe ftir Yalue whetttbetr e£onomicb¢n$fit is probable. it beInVrEd reliably andthe chlty control owerthe itan. Eeirvaiut is deiermirled on th¢ bp5i5 Of the value ofthe tothe ¢hatity. Forexanwl< theamountthe ¢harity wouldbe wiJlin£to pay in theopeL rnatket fvrsuch facilirits 8ttd 5erri¢es. A corr¢spondingatDountis recogjised ID expenclitt¥e. No ¥mount is llJclud¢d LTJ th¢ fjnats¢ial *ements forvolte¢rtltilL1ttWIthth¢ SORP (FRS 1021 21
FOOD]USE LTD NOTES TO THE AccoUr5 FOR IHB YEARENDF.D 31 DECEMBER 2025 Income frimtrading aEtiYili¢s Jneludes incotne earned fn)m fvndrsinS events and truding a¢tivAties to r?ise funds forth¢ charity. Jnco]nE 15 received in exchange for Supplying goods and %V47ces in orderto Taise fvndg d is recol8¢dw¢n entidenLenl kn Occurred. Income from government and othcrgr)llts ar¢ recognisa4 al fair value when th¢ ch8Jity has entitlent after any perfoanCe ¢4)nditims hav¢ b¢¢n met, il is piobable that the incomc will be received die annI Can bernered reliably. If eniadcml is noi metthen thBSe amounts ale deferFed. Intetesi incom¢ is r¢¢ogJ15ed wheD iereivable 8ttd the amount callbe mea%ured tejiably by th¢ ch¥ily, this nonnally uport noiificatim of the inteStpaid or p¥yable by the Bank I.S ExpETrditurE rctognition Expendimie is i£coglli5cd on accrllBI basis where there is a l¢gal or wnsrw¢uv¢ obligatioll to tDak¢ payments to third P8F¢i¥, it IS PFobable ihe 5etdeEneni will bttFequiied 8nd lh¢ •nouLtof the obligation can be nU[¢dre1labIy. Expendituie is classried underthe fol1owinglieadin." Costs of rsing fid$ comprise th¢ ¢osis incwred on activitie5 that raise funds. ExpEnditui¢on charitable aciivsttes Compris those costs in¢urr¢d by the dL4rity in thB delLvery of its acliviti&s and setvites. It Includeqboth Gosts th8t bc ailocatrd dire¢ily to such activities znd those CE)sts of an dI[t nalute necessw 10 support theThL Other expEndiiure represents those items not falling iRlo any otherheading. 1.6 Support ¢fjst$ allocation Suppon costs I¢ th08¢ hnrtions that wisttbework of the tbarity butdo notditeLtly represent charitable activities Bnd include preTlli5& DYuhrad5, Otri¢< fill7Ce and g0vems[¢ costs. They are ittcutttd directly support of expenditurc tb¢ obJ¢ct5 of the charity Where supwrt costs directly attribut¢d to panicular headlligs they have b( allocated to cost of raISg fllnds and exp¥nditure on clilbI# a¢tiviue6 on consisl¢ntwitb use of the resour¢e5. 1.7 Tangible fixed as8eTs d¢prtel¥tioTr Tawble fixed ets Costingtre than£500 ar¢ capilSed &1 cost and depicGiated oYerth#irest&maitd usefvl e(oDoJnic lives ort asiraight lin¢ b1$ as follows". Kitchth n¢&inermdtqUipml Cornput¢15 ithreEn 5 yeJt5 to 15 yea 5 years 1.8 D¢biors Trade and other debtois are OLd at Ihe s¢¢tiem¢nt amounL Pryaym¢nts are valued &1 the arnount pr¢paid. 1.9 Creditor5 Credit015 ate Itc0lised where tlie Chitykn &prB5eDtobligation re%ultinB fiom a p8St event Ihai will piobablyr*uli the transfer of fimds to a third party and le arnount due to seitletheobligation be measured or estInled reliably. C[edito are nOnnlY rewgnssed at th¢ir xtylcm¢nt amount. 22
FOODRISE LTD NOTES TO THEAccouwrs FOR THE TrEAR ENDED 31 DECEMBER 2025 1.10 ProwioD5 PTOViSiOJJS e reGognis¢d whenthe ch8riry an obligation 3ttbebtynC¢ she¢tdateaq a result ofa past cvenu it is probablethrt0D OUtAow ofetDDomi¢ bcneffts will berequired in s¢ttlemeDt and the nount be Teliably lMathd. 1.11 Opeygting leaxs Rellt$ payable oper8tingleses aTB rhwged to the Stat¢m¢lltof FinanGi21 ActivitiK on astrai8bt line is over tbepaiod of the le. 1.12 Pensions NEST operdtes a d¢fined contributioo schthDt Dll behalf of the ¢harity forthebenefitof 1$ anployBts. Collttibutions payable are charged inthe Sw¢m¢nE of FiDancial A¢tiviti¢S illthe period they artrpayabl& 1.13 Errjployee benefits The 5t of any holiday ¢ntitlethcts rww)istyJ illtbe period illwhtch theemployee's 5crvi¢¢5 are received. 1.14 Fortign currenties Forei cirn¢y transtIoDs areiLitiallyreco8nised by applying to the foteign Gwrency ammtth¢5POt ex¢him8e rtte betwccn the functionl cutrency aod tr forci cum 2rthe date of the traDsaction the or105S¢S Ollttanslattoll 1ndltrd in the SOFA. MDo¢t8ry &88ets 2nd liabilities denoThinated w a forei cuTrtDCy atth¢ba1ceSbettt date transl8t¢dwll th¢ dosing tak. 1.15 K¢y judgements arld estltDAtr$ Intbe application of the ¢hlS a¢¢ountingpoli¢ias. th¢mEtnber% ofm*)agerneDt wnynittee arereoudto make judgements, &81illwttt' and assumptions about the c8rytiTrg tsULt0t assets liabilities that ttot r¢adily apparent from oth¢r sour. The e11#$ •]d SOcia&S5uMplIorn5 ere bt%ed on histori¢ experienc¢ and other factors rhat are ¢onsidered to b¢r¢l¢vallL Ac21 Tewltsmty diff¢r froin these e6titnatES. The esthnate4 8fJd %suwtioDS that bave a S]lfint r&skof ¢&J5tDg adjvsrttentto th¢ ¢atryll ounts of assets 8rLd Liabilitits Withtheft¢t fattan¢iaiyw &r¢ listed below.. Cost allocthion Supportcosts art allocat¢d across ail ¢ltsritable a¢tivitie$. Trp¢ud¢ntupth) eachtyTr¢ ofsupportactiwty, tosts are appli&l diredy against a fundlon or appropriate cost drivers such locationS aTe utili5¢ The &that¢s underlping assumptiojjs trereviewed on an ongoing basis. Revisions to aewunting ¢5timates recogni5ed iti thcpuiod iLwhi£h the estimate is revis¢d wh¢re thttreNqsioD affects 0Y that ptrits orin theperiodof th?1510 dlreperlO5 wh¢rc tht teVisi(pnaffECts both current and fvtwe periods. 1.16 TxxatioD The CbaTitsble Company 15 considered wpa%s thekw outin Patwaph I Schedule 6 of theFinBn¢¢Act 2010 andtherefott it tttets the definxiiott ofa Chltitsble Company for ¢0[potion poSe$. Aecordingly, tbe CharErable Company is pO[¢ntiIY exeu]pt fri)m taxAiion iti we¢tof incorne or capital gains received within categoritts tovered by chapter 3 part I l of the CorpoTation T&x A¢1 2010 or Section256 of the T&xation ofchargeable Gaitis Ath 1992, to the &xtetttthat sucb income or gains OT¢ 8ppli¢dexclusively to ¢haTItabl¢pP0Ses. 23
FOODRISE LTD NOTES TO THE ACCOUNTS FOR THE ENDED 31 DECEMBER 2025 Ineome from DonatioDs Le£xti@s 2025 2024 Gifts Gift Aid reclaims Grauts 131,980 6,900 151.000 94,109 8,133 208,284 289,R%O 310.526 In¢omt from donations and Legacies w&8 £289,88012024..£310,526} of whith £31,69212024..£183,7431 was attributable to r&8tt'icted funds and £258,188 {2024..£126,7831 was attributable to unrestricted fvnds. Ineome fr(bm ch%rit#blts #ttivitÈs 2025 2024 P¢rfonnaAc¢ related grants 1.073,182 1.073,182 1,599,956 1,599,956 ]nGome charitable w¢ivit1¢5 was £1,073.182 (2024-.£L.599.9561 o£wJych £1,069.68212024..£1.599.956) was attributable to restricted funds and Q,50012024..£nill w&s &ttributable to unrestricted fLmds. Other tradimg activÉtie 2025 2024 Ev¢nts, catering and ¢onsu]tancy fee$ RGntal 67,248 20,834 1,080 67,248 21,914 Income fIrn other trading activities was £67.24S12024..£21.914) of which £66,12312024..£20,4641 was 2ttTibutable to restricied thnds and £1,12512024£1,4SOI was attributable to utllEsITiEled funds. lllvestmtnt Income 2025 2024 Bank inttrcsi 5,740 8.213 Other incorne 2025 2024 Forein exchange gain 24
FOODRJSE LTD NOTES TO THE ACCOUNTS FOR THE YE4R ENDED 31 DECEMBER 2025 Expenditure okn Raising Fund5 2025 2024 Staff tosts Other fimdtsising rsts 28.242 E5.875 1,386 8,702 29.628 24.577 Of the £29.628 gpent on rai8in8 fund$12024-£24.5771. £012024=£1.138) was zttributable to r¢stri¢tcd fixllds and £29,628 {2024-£23.4391 w¥ attribthable to unrestrict¢d fids. A2$1$ of Expenditure on C]L2rÉtable a¢ttvities ActivitAes iIDdert2ktn diretdy 2025 Sopport costs Governance ¢osts Tot1 2025 2025 2025 CoTe activitL¢5 Awe¢010 3nd Gastronomy S¢hool AIlct]]ative Food Retail Anti-Oppre8sion Fund Biometh8ne Project (Bad Energy) DEFRA TacklingFood Sury>lus Dc8trwtive Diets (Meat Fisby Business Food and Rla[ Justice Food W&8te (JSI Food Waste Policy & L¢gal Action Foodspare Bucks Fuelling Advocatcs Jnitiative Green Futures Growing KThowsley's Putur¢ Healthy Food Healthy Plan¢t Ndanifesto Methwold Megafarni More Than Hurnan policy Our Fish (Notre PoxsS0rt1 Seabass- Rauch Foundation SeedingRepÈrion5 Sugar Pollution (Too Much of aBad Thing) Sussex surp18 {Brighton Outreach) The Alchemic Kitdwi Th¢ Meat Soil EnE]EY Nexus UK Gov¢tnmentI4al Ch21Ienges 78J05 2,836 5.549 1,708 5,632 111,878 191.527 146,968 84.979 8,092 1.027 29,288 10,240 70.824 163,697 ?7,425 1,082 11,393 14.369 154.134 20,919 21,867 31.013 103.861 18.152 139,491 3.995 7,304 28.692 114,301 2,836 5,746 1.708 6301 115,520 203.835 160.078 89,230 8,6 1,148 30,507 10.642 76,158 171.226 29.421 1210 12,202 14.901 157,522 23,051 21.991 34.111 135,076 19,485 153,192 4.186 197 669 3.642 12,308 13.ElO 4.251 834 121 1219 402 5.334 7.529 1.996 128 809 532 3.388 2,L32 124 3,098 31215 1.333 13.701 191 1,460251 115.567 28,692 1,604,510 25
FOODRISE LTD NOTBS TO THE ACCOUNTS FOR THE IEAR ENDED 3 L DECEMBER 2025 Priorytar Activitit5 undertaken directly Z024 Sllpptsrt cost$ Governance costs Total 2024 2024 2024 Core activities Agroecology and GFstronomy SdLooI Big Livestock vs The P18net Blo¢thad h.ojeci (Bad Energy) D¢fund Agribusiness Gathering Destructive Diets (Meat ECF- MiTror MEasuTe$ Talent EU Partnerships Fishy Business Foixl and Racial Justice Food Wa5t¢ IJSI Food Wast¢ Poliry & Legal Action Foodspac¢ Bu¢ks Fuelling Advoratcs Initiative GleaningNeMork UK Gretn Futt]r GroWllE Knowslels Future H¢althy Food Healthy Planet E¥l&feSt0 rvfethwold Megaf Ou]. Fish (NotT¢ Poi5$0nl S¢abass- Rauch Foundation Sccding Repardtio Sugar Pollution (Too Muth of a Bad Thing) Sussex Surplus (Brighton Outrea¢hl Sustainable Animal F6cd The Al¢hemic Kitchen The Meat Soil Enei'EY N&xus UK GoveEnTnent Legal Challeng 103260 7.284 4,852 17,204 125.316 7.184 24,342 5,922 51.221 140,667 2.530 2,293 4,763 111256 89,358 9.816 2D.386 13,933 7,441 289 82,870 31.180 36,960 2,889 17,175 326,210 19,187 41,963 20,529 122,133 3,038 73,692 94,511 14.700 3,228 830 2.344 5,346 325 1,437 4.763 13,158 7,635 1,284 2.278 1.245 146 27 8,069 3,241 4,330 351 872 8,276 2.4L8 2,081 2,574 4.800 5.092 48,877 135.321 2,205 856 98,098 81.723 8.532 18.108 12.688 7,296 262 74,801 27,939 32,630 2,538 16,303 317,934 16,769 39,882 17,955 107,333 3,038 64,284 84,279 9,408 10,232 889 1,370,212 116,439 17,204 .503.855 Of the £1,604,510 sptnt on ¢h8riiablc activities (2024..£1.503,8551. £1.488,50112024..£1,378,5391 atiribuiable to restTlCted funds £116,00912024..£125,3161 attributable lo UrtrICted funds. 26
FOODRISE LTD NOTES TO ThE ACCOUNTS FOR THE TrEAR ENDED 31 DBCEMBER 2025 Allalysi5 of Supportand GovÈTnance Costs Support costs Governance costs Totsl 2025 Total 2024 Premises and offL¢C Communications Finan¢e ad professiona] Depreciation Lo85 on disposal of tswble fix¢d ¥ssets Accountancy and audit fees 56286 19,073 12.175 5,012 23.021 56.286 19.073 12,175 5,012 23.021 15.672 13,020 50,840 25.877 29.022 4.594 6,106 16,420 784 15,672 13,020 115,567 28.692 144,259 133,643 10. Other txp¢nditure 2025 2024 Forei exchange Ios5 2.616 3,147 11. Net illtomd{expendilure) 2025 2024 Net incomel{expenditur61 forthey¢ar include5: Operdting le&%e rentsIs Depreciation (Gainyloss on disposal c>f fLxed &5$¢ts Fees payable ro auditor for= audit ¢theT servi 21264 5.012 23,021 20,520 4,594 6,106 12,600 3,000 13.145 3,275 27
FOODRISE LTD NOTES TO IIIE ACCOUNTS FOR THE YEAR ENI)ED 31 DECEMBER 2025 12. AnAlysis of Staff Costs 2025 2024 Wages and sleS Social 5¢cuiity costs Pcnsion costs 723,396 86,492 6.752 721,139 63.022 15,783 826.640 799.944 The number of ¢Tnployc65 who wned more than £60.000 is as follows: 2025 2024 £60,001 £70,000 Key manage]n¢nr p¢r50nnel The total amount of employee benefits Teceived by key m8nagemeRt pa'sonaiel is £168,06612024.. £290,204). The Trusi ¢onsiden its key managetnent PBisonnel to compromisc Its scnior maRagement le1. 13. Staff llurnbers Th¢ av¢rage tnonthly tLumb&' of erllployees during the year was.. 2025 2024 27 24 14. Trustee R¢ruuNerntion and Exptnse8 The trustees werenot paid any iEmun¢ration or Ceived zny other benefits during rhe yeaT12024. £nill. The in2Stees were reimbursed a total of £661 for travel and subsistence costs (2024: £nill. The Board of Trustees incurr&J lunch and refreshmcnt COSts itt the sum of £1,559 (2024- £784). The charity in¢Ted £10,80012024- £nil) for trusiee'3 recLtMent. No trte or other person related to the chwity had any personal interest in atLy Contr or transaction entered into by the ch&rity during the ye8r12024- £nill. 28
FOODIUSE LTD NOTES TO THE ACCOUNTS FOR THE YE&R ENDED 31 DECEMBER 2025 IS. TingibIe fixed asstts KitcheD Contsxner Equipmellt Comput¢r5 TotsI Cost or valuAtivn At l January 2025 Additions Disposa]s 7,939 22.401 12?,4011 13.796 21,735 22.401 127,646) 15,2451 At31 December 2025 7,919 8.551 16,490 Depreciatio At l January 2025 Charge forthe ye On disposals At 31 D*ember 2025 6.925 2.321 11,3071 7,882 2.691 13,3181 14.807 5,012 14,6251 7.939 7,255 15,194 Ntt bookvalue At 31 Dwember2025 1.296 1,296 At 31 D¢G¢mb¢r 2024 1.014 5.914 6,928 16. Debtors 2025 2024 rrade debto Other dtbto Prepayments Acttued income 7.351 16.060 17J18 216.282 10,090 6,627 21262 346.478 257.011 384,457 17. Creditors: amounts fall[S du¢ within One ye9r 2025 2024 Tndc crEditors Other credithTS AGGTua15 24.440 4,566 54,748 83,754 7,831 36,399 181.420 725.650 29
FOODRISE LTD NOTES TO IHE ACCOUPUS FOR THEYEARENDED 31 DECEMBER 2025 18. Movemtrtts oll funds Curr¢nt year At31 At l JauarY 2025 Decernber ID¢ome Exp¢nditure Transfers 202S Unrestricted fulld5 G¢nerdl funds Anti-Oppres8ion Fund Total funds 98,742 265,053 3,500 (146.5451 11,7081 (148,2531 (26,123) 191,127 L,792 192.919 98,742 268,fj53 126,1231 Prior year At31 Deccmber 2024 At l J@nuary 2024 Income Expellditure TrAn5fers Ullrestricted funds General fundg 140,807 136,ty16 1151,0971 (27,4141 98,742 Total fud5 140,807 136,446 1151.0971 127,4141 98,742 Natn¢ of wtricted futLd DestTiPtion, ttamrc and putposes of Ihe fund General fund3 Th¢"fre6 rtrY¢S, after a]IoNg for 4nYde5ignat fid5. Anti-oppirssion Fund To suprK)n rhe ongoing developmenr of our work on anti- OPPIEssion. equity and justice. 30
FOODRISE LTD NOTES TO THEACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2025 Movements on Restricted funds Current year At31 At l Deeérnber 2025 Intome ExPe0dEre TrAnsfers 2025 Restritted funds Agroecology ¥J]d Gastyonomy S¢hool Alternative Food Re] Biojnethane Project IBad Energy) DEFL4 TaLkling Food Surplus DestrltIVc Diets (Me U5 HalA¥ay) T8Jeni EU Partnerships Fishy Busincs8 Food Alchemy: Growing Knowsleys Future 'ood and RaciaI Justice Food w1¢ IJS} Food Waste Policy & L¢gai Action roodspa¢e Bu¢ks FuellingAdvOteS Initiative Grcen Futures Growing Knowsley's Future Healthy Food Healthy P19lltt Nknifesio M¢thwold Megafaryn More Than Hum2n policy Our Fish INotre Poi5$0nl Public Pmcuremeni Seabass- Rauch Foundation Seeding ReparatiOll5 Sugar Pollution (Too Much of aBad Thing) Suss¢x Sutplu5 (Brighioll Outreach) The Alchernic Kit¢h The Soil Energy Nexus UK GoVer[¢t iLg2J Cha]lenges Totsl funds 3,109 1,050 6250 4.847 115.530 160.275 (2,836) 15.746) 16JOI) (115J20) (203.8351 lJ23 504 13.2681 4.722 io 92.863 136,423 7.998 (7.1401 134.255 (7:998} 7.140 161,843 1160.0781 136,020 13.054 13,054 82.847 8.934 (582) 14.720 lJ.323) 37.533 87.581 22,580 1,205 3,825 (89.230) (8.926) 11.148} 130.5071 110.6421 (76.1581 (171,2261 129,4211 {I,2101 {12,202) (14,901) (157.522) 6,383 {8} 1.730 21.930 18.023 60,3?6 83.645 6.786 6,143 6,004 21,701 (54) 55 8.709 17500 143.861 30,000 332 2.599 13.476 185 30.000 23.046 19,923 123,051} 121.991) 450 1,618 7,995 10.349 {1,172) 103.288 706 18.428 131.109 21,665 142.216 (34,111) (135,076) (19,485) (153,192) (4,180 7.688 6.382 2.180 92,312 1.172 3,480 706,308 1.167,497 {1.488.501) 26.123 411.427 31
FOODRISE LTD NofES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2025 Prior y¢8r At31 At l janarY 2024 December ID¢ome Expenditure TrAnsfers 1024 Agroecology and G&8tsDnorny School Big Ltvestock vs The Plan6t Biomethane Projett (Bad Energy) COP 26 Advocacy tkfund Agribusiness Gathering DestctiVe Di¢ts (Neat Us Halfway) ECF- Mior Ivlcasurts Eco Tdertl EU Patyntrships Fishy Business Food and Racial lusiice Food Waste {JS) Food Wa5t¢ Policy & Legal Acrion Foodspa¢e Bucks Fuelling Advocates Initiative GleaningNetwork UK Grcen Futur¢s Growing Knowsley'5 futui'e Htaithy Food Healthy Planet Livestock Greenw8sh Manif¢sto Meat and Justic M¢at Organising Mcthwold Megafarm 0Fish (Notre Poi5sonl Seabass- Rauch Foundation Seedsng ReparntiOD5 Sugar Pollution CFoo Much of a Bad Thing) Su$m Surplu8 (Brighton Outrcach) Su5tainablc Animal Feed The Alcheillic Kitrhen The Meat Soil Energy NeKU5 UK GDvernmentLcgal Challenges 10,393 28 17,284) 124,342) 15,9251 3,109 23,622 (1.454} (69) 692 4.111 (3.2681 69 51.221 254,633 2.530 151,2211 1140,6671 12,5301 (2.2931 (4,7631 {111,2561 {89,3591. {9,816} {20,386} {13.933) 17,453) 1289) 182,870) 22,457 136,423 {2.1501 12,37T) 94.783 12.441 7,998 17.1401 134.255 82,847 8,934 1582} 14,720 11,3231 150,728 184,647 18.750 2,200 23,698 6,130 112,4411 15,387 4,955 2,217 622 1333} 53,823 66,580 118,761 59.540 37,533 87,581 22,580 (36.9601 (462) 6,311 951 (915) 462 (2.21T) (951) 915 (2,8891 1205 21,000 325.326 43.022 53.850 117,1751 1326,2111 (19,9761 (41,9631 3.825 13,476 23,046 19,923 14,361 8.036 (7,8771 48,138 2,982 125,4841 28,987 85.149 (20,5291 1123,2711 13,0381 173,6921 194,5111 114.7001 7.414 333 53 10,000 12.2041 964 7.995 10,349 78,004 200,003 16,600 11,1721 103,288 706 12,1581 Totsl funds 253,482 1,805,894 11,380,482) 27,4L4 706,308 Nam¢ of r¢5tTi¢ted fund DescriptlOTi, llaknre 2nd puryoses of the fund ADeCOOgY and Ga5troTromy School Fiscal hosring forthe Agroe¢olo£v and Ga511onomy SGhool deliVed by Somos Seillas PopulaT Edu&*ion Institution. Aliemativc Food Ret1 Making the ¢ase foi. national and loeai policy to support altemative food providers to the mainSt2M retail sector 32
FOODIUSE LTD NOTES TO ACCOLNTS FOR THE YEARENDED 31 DECEMBER 2025 Big Livestock ws thc Planet This projecL t8Tg¢ting divesknent from iDdustrAal mcat Ènd dairy production, camptigns to reduce the enVironmts1 dtvastation caused by the s¢¢tor by Tnaking finaAciJI association with IE socially unacceptabl& Biomethane Proj¢ct (Bad EncrLv) OUT ¢atnpaign to avoid the us¢ of land. animal Ttsring and surplus food for energy generation. Defund Agribusiness Gath¢riTLg Building onth¢ momtnturn 8nd pallnerships developed through our industrial liv¢stock ¢painI7Il¥J we co-hosted the Deknd Agibusin¢ss gathering that took place March 2024 near Baltimor¢ with Fri¢nd5 of the Eajth US. Destrudiv¢ (Meat Us Halfway) Formcrly Mtat Us I la]fiYay- Holding $UP¢Tmarkets accounthblt for thc imp2CL of daUCtiVe dkets, and to ¢n¢ourage a trdnsition to food ¢nvimtLrntnts and busint88 models thet favour accessil)le, &ffordable foods forhuman.and pLanetary h¢81th. ECF- MAuorM¢aswes Raising awareness of th¢ cnmroy¢tsL S{la1 ond ¢lim*e inpacts of somc of thc mts%t QJTnTnonly imrrf)tted aRriculruTrl products in the Ncthcr13nd% and c3rnpaigJing for the in¢lusion tsf mirror me&8UFts ID the 8ustsinable I,ood Systems ISFS) Law. E¢0 Talent EtoTatent aims to incr¢ divctsitywithin the UK environm¢ntal s¢rtor by championin8 paid work experience placemenis and traillg for participants who Tnight othenvise beunable to a¢sS the sector. EU Paftttetships Food Surylus and Lknur, the Va10ri5&tion of Underused Resources This project giTn$ to address key so¢ict&l Ch]engeS in th¢ Seas" ar borderll)gthe EDgli5h Chw¢l-foodwi%te 3nd unempl0j¢rtt This proj1 finished ar the etld of September 2022. Fishy Business Our campaigEL to improve th¢ SUStsiLthility of farncd fi81 especially sCotth mOn. through demgnding an cnd to the prdctice of feeding famied fith with wild-caught fislL Food AlclLemy: Growing Knowsley's FuTure Continuing and ¢xpandillg our work in Knowsley. rediwvering the area's distinct frningwjd food heritage and bringing itto life for regidertts of a]1 ag¢& Food Racial Jwtic¢ Our prornme of workto build lirjh between enyironmentsi, food and f2miiAE and racial justice organisations. Food Waste (JS) A projectto <xpos¢th¢'dumpiD¥ of ullusable oruDSUitablefood waste on ¢hariti¢s by busilless65. Fwd Waste Policy & Legal A¢tion tEgal action to chall¢nge the gov¢rntnent's decision to revetse its previous decision to introduce legislation rcquiring the llthndatory 33
FOODRISE LTD NOTES TO THE ACCOUNrs FOR THE YEARENDED 31 DECEMBER 2025 mwurement an reporting o 00 wa5t¢ In t Foodspace Buck8 A collection of PTojects funded by Ssn] gran13 local restricted fullds in Buckin8hamshire, focussed on the litjk bctwccn food and physical and mentsl he<h. Fuelling Advoc&tes Inii&iv¢ Cotnmi35ioning research to bolster our woEkon1svesÉock and f¢rtilisws. GlcaningNetwork UK Our progratnme to g8St people in enviFotllneRtal i55ue5 and build eommuniry lies, through volunteer dayg Tecovering food 5uiy1us from fieLds for charitable redistribuÉion. een Futures Gr¢EnFutur¢s is Foodrise's youth empl0yabilityproaMme for E1kinghaMsh1e. Through it, we workio build the lo1 onomy. addr¢ss youth unemplo>4neni and c4)nfte young people aged 11-25 to food. the land and natur¢. GrowingKnowsl¢y's Futur¢ This aims to redi5coverthe ar¢a's distirlGtfrnlng ad food h¢ritagE allo bring it to life for re8ideni8 of all age5. Healthy Food Healthy Planei This pan-EuropeaTh work, led by Fe£dback BU, is engagEng direGtIy with communities on issues gUiTounding the SUpeT[n'kt tall model. The findiiigs of this work arc fc¢ding ints) the desiwi of altcnialive provision modcls, such as the Queen of Giretts in LivtTpuoI, as wc scck to put forward commurtiry anchored a]ttrnatives 10 supeTtnarkets. Livestock Grcenw2sh Big msat and dairy Comples(,3]g Livestock,) inth¢ EU v incirasingly pointing to their growing )ge orcommtinellts, often framed around 'n¢t zcro,. We work together to cnpowerclimatr, cdia and farming tudicn¢¢s with visual, c3Sy-toundctstand infoitnatiDn thc hollow clirnatE pIDInisEs Df Big Livestock cornpanics, Enabling Ihcm io clcatly and Eff8ctively call out greenwash. M&Thifesto A pject to d£vclop food system policieg to advocate for in the UK, and to shaTe these with policytnakers. 34
FOODRISB LTD NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECBMBER 2025 Mear Orgatii$ing W¢ undertook pttrnary and secondary resear¢h atLd engagrAi with grassroots comnjutiities, CatnFwgning or2aTli5ations and txperts in the UK, EuroK North Arn¢ri¢a and Glob8] South to delivera learnTng project providin8 a strollg under8taNling of historical and CurrentgroO[$ &9mpai$ against Big Meat, ofthe succtss factors of climat¢gras8roots campaigns. and of the scopc for plicability against Big Mets tg4ets and a Str8t¢ for gra8swots rnobilization ag3iEJStBitt MeÈL This w&$ a jointproject wit FeedbackEU, Brighter GreaL Seeding Sovereigmty gnd GttnFaith. Methwold M¢gafarn Campaigning againstplans for a ncw Us-stylemegafarm inrurai NorfolK in partnership with Sustain. MO Th2n Humgn ptslÉcy Developitig att)tsrethhUm r¢sponsettr the governm¢nt's land use framcwoTk tronsultstion. Our Fish (Notr Poi550n) Our is to PTeveni th¢ powerful and growing fishmeal and fish oil (FMFO) iDduslly in Africa froIn destroying fish stycks and livelihoods and eroding food $overeigoly. This is a joint prDjectwith Regional Networkof West Africa M8TTrne Protected Areas (RAMPAOI. Greeopea¢eAfric4 IGPAFI, L3nc2Ster University. Desmo& The West Africall AssDLiation forthe Developjncirt of Artisanal Fi$heri¢5 IWADAF IADEPAII and Feedback EU. Public Procurcmcnt R¢formitigUKpubli¢ PLo¢ufetllent- Ix)ththtougbnational stsndards and lo¢ai a¢tion-to SUp)rt Jwaithy sustainabl¢ th"¢ts with Seabass-Rau¢h Foundztion Building on our Ftshy Business campaigo with a particularfocus on Seaba55 fanning in tht MediterrarAean B&8 S¢eding Reparations Buildin8 a fram¢work for stsUCtutxl chang¢ in the Foc>d System. Food produ¢tiorL which accounts for at least I/0 of the global economy. is th¢ 5ingl¢ most harm1 activity that humans hav¢ oll theplart¢L Thc BThtish Empire's corporation5 crcated this exploitative food system on alKdTockof $tructyua] Ta¢isTn and ellrOnmental desiNction. the enslavement of Bla¢k Africa d the indenture of East South-East AS1 WOTkers io labour 00 plantations in the new worll the r¢lent1¢5s drive forprofit led to deforest8tion tts 6nableth¢ cultivation of Monocult and the irttroduction of inv&sive sp¢¢i¢& terIng native environments. Thcn and now. the industrial food system continues io d¢vast8te natu and produc¢ stvjcturdly unqua] outGome8. This is & joint project withETC Group and Tipping PoÉllt UL 35
OODRISE LTD NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2025 Sugar Polluiion This is i csmpaign w i'educ¢ sugar con$uTnptiort Ihmugh supplyside intervention5. that ig to say, reducingthe aTnount of suw'bcci PTDduced in thc LK, to stem soil depletion and improve health. Su55gK Surplu$ Sussex Surplus is a pilot socid enterpri8e taking fresh and suTrlu5 food in danger of beingwasted and transforming it into long-lif¢ products and tssty Mel$. We sell jars ofsoup wholesale to indepmdent shops, feed the GoInn)urtity our we£kly cafe in East Brighton tach Thursday and provide raterin£ servtces on rcquest. Sustainable AnKtDal Feed Reducing the global defore5tatioD impact of the livestock industry in the UK by decreasing the use of soya-based animal feeds in UK farming sysiems. The Alchdnic Kitchen Our Regional Food Economy project Is Worl8 in the North West of EnglTrd to link cntctprisc, education and advocacy to help build ad nuitur¢ a lord food economy that feeds everyone fairly and susiainably. Tht Mcat Soil Encrgy Nexus Dclegitirnising and defunding Iiv6stock and 3JTrtheti¢ fertiliser corp)T&tions foT global justite UK Government Legal Challenge Challenging ihe National Food Strat¢&v and Int¢Tnationa] Trade Agrtements whcrt measures io rediice th¢ production of meat and daY producis are insufficient for health, food, fw'ming and the clirnaie. Fund baiancts may be neFdtive when expenditure 5s rD&dB on a pwject that is expected to be re1Mbued by funders. but wheTe, t the end of rhe fllLqncial period. not all the Gonditions have been tnet that wcTruld justify this incom¢ being rccogni5ed wsthin the accounts. This results in exces5 of ¢xpfflditUTe over income on some projeci funds. At the balance shvi date there weTe no funds irt defJcit12024- five funds in deficit by £13.485). The Erustees consider that the I¢1h0od of reimbvr5ement is of sufficient level 10 justify the carrying of the5¢ deficit funds at th¢ ¢nd of the period. The net transfer oui of £26,L2312024- £27,414) gen¢1 fund5 p[C5¢ts £26.12312024- £27.4141 additional funding for restricted funds. 36
FOODIUSE LTD NOTES TO THE ACCOUPtrs FOR THE YEAR ENDED 31 DECEMBER 2025 19. Analysas of net assets behw¢¢n funds Currentyear Restricted fund5 2025 Unrestrithd funds 2025 Total Fund$ 2025 Tangible fiY¢d &&8ets Ca8h it bonk u) hand Othern¢t ¢UTrent aSSetOiab]IItics) 1.296 191,404 219 1296 429.793 173.257 238 J89 173.038 411,427 192.919 604,346 Prior year Restritttd funds 2024 Unrestrieted TDtsI fllnds ZU24 Funds 2024 Tangible fed ass¢ts Cash ai bank and in hplljd Othernet CUTrent 4s5etsllliabilities) 4.468 506,789 195,051 2.460 132,526 136.2441 6.928 639,315 158,807 706,308 98.742 805.050 20. OperAtillg leas Toral fvture minimwn leasr PaentS non-c&nccllable operating le&8es are as follows: 2025 2024 Not later thatt oll¢ y¢9 5,868 10260 5.868 10260 21. ReconciIiatioN of net expenditutt to net cash flow from operati% ACttvits¢s 2025 2024 Net incomc/ {expEnditurel forthe r¢portillg period (8s perthe statement of fjnancial activities Adjusted for. Depreciation and ImPTtct of tsngible fLxed L8s¢ts (Profit} I loss dispo8aJ ofthngible fixed assets Interestrec¢ivable (InCrEtI I d¢Gre&8e in debtort ID¢rcasE / Id¢cre&sel in ¢rtiJitors (200,7041 4JO.761 5,012 23,021 15.7401 127.446 (141,896) 4,594 6,106 18.213) {342.279) 14.379 Ntt (ash prOded byl (used in) Operating Activities 1192.8611 85,348 37
FOODRISE LTD NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEf¥qBER 2025 22. Relat¢d party tr8nsactiotts During the year, Foodrise Ltd provided fidIng of £1 18,37212024- £130,294) to Stichting Foodrise EU. a relared party. At the balance sheet dale. a balance of£12:558 is owed from Stichting FoodThse EU, discloscd under other debtors {2024- £66,186 owedto Stichting Poodrise EL4. Stichling Foodrise EU a550 plVided fundingof £12.53912024- £70,231) to Fwdrise Lid. Foodrise Ltd ]nruTd travel costs of £1,20912024- £1,837) on brh&lf of employees of Stichting Foodrise EU duriRg th¢ year. Therewer6 no otheT laltd pary transaction5 during tht period12024- non¢). 38