- **®** - Better Coffee Foundation ANNUAL REPORT FY 2025 **Record Climates in Brazil and Vietnam** Brazil, the world's largest coffee producer, is battling its worst drought in seventy years. Unstable weather and extremely low rainfall have hit the coffee crop hard. The lack of moisture has caused the **Hello** , coffee trees to flower less, which will affect not only the current season but also the next season, so Arabica production is expected The Better Coffee Foundation has had an incredible FY25 - **a** to drop dramatically next year. There is our second full financial year. I’m ple sed to say we’ve made lready a shortage of 10 million 60 kg bags of gra significant investm **e** nt in plastic recovery around the world. en Arabica beans. Our relationship with Ocean Co has enabled us to deploy Vietnam, the world's second largest coffee producer, is facing major funding more efficiently, ensuring that we can collect more challenges due to adverse climatic conditions. The dry season was plastic for every pound. followed by intense rainfall, which has had a negative impact on the **o** quality and quantity of the crWe’re excited to increase ur impact even further in FY26, p. through Grind’s continued support, and look forward to In addition to lower yields, the drought is also making the harvesting exploring additional ways that we can undo the damage done process more difficult. Many farms are struggling with higher by the global coffee industry. irrigation costs and lower labor efficiency, which, combined with global shortages, is driving coffee prices to all-time highs. ## **Cumulative Ocean-Bound Plastic Capture** **----- Start of picture text -----**
160,000kg
140,000kg
120,000kg
100,000kg
80,000kg
60,000kg
40,000kg
20,000kg
0kg
Mar-23May-23Jul-23Sep-23Nov-23Jan-24Mar-24May-24Jul-24Sep-24Nov-24Jan-25Mar-25
**----- End of picture text -----**
**50,400kg of ocean plastic recovered in FY2025** Right - The Better Coffee Foundation’s primary donor, Grind, visiting a coffee farm. **David Abrahamovitch** Chairman, Better Coffee Foundation ## **Objectives & Activities** ||SORP reference|| |---|---|---| |Summary of the purposes
of the charity as set out in
its governing document|Para 1.17|The Better Coffee Foundation addresses the broader issues impacting the coffee
industry. Our mission includes enhancing positive & mitigating negative aspects
within the coffee value chain. We engage local agents of change globally to address
social & ecological issues. Operating across geographies, we support sustainable
actions and maximise the positive impact on communities and the environment.| |Summary of the main
activities in relation to
those purposes for the
public beneft, in
particular, the activities,
projects or services
identifed in the accounts.|Para 1.17 and 1.19|During the fnancial year, the charity focused on providing grants to organisations
dedicated to ocean-based waste removal and recycling. This aligns directly with our
charitable purpose of promoting the conservation, protection, and improvement of
the physical and natural environment.
Specifcally, we provided funding to Ocean Co to support their oceanbound plastic
recovery.
These activities are refected in our accounts as grant expenditures, demonstrating
our commitment to addressing marine pollution and promoting sustainable waste
management.| |Statement confrming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
beneft|Para 1.18|The trustees confrm that they have had regard to the guidance issued by the
Charity Commission on public beneft when planning and undertaking the charity's
activities.| ## **Achievements & Performance** ## SORP reference Summary of the main Para 1.20 achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. During the financial year, our charity's primary achievement was the provision of grants to Ocean Co, organisations dedicated to preventing plastic waste from entering the ocean. Through our funding, these partners were able to reduce the amount of plastic pollution reaching the ocean, as well as supporting local waste collection initiatives. The impact of our grant has resulted in a tangible reduction in plastic pollution, benefiting marine ecosystems and contributing to a healthier environment. Furthermore, by supporting these community-based approaches, we have contributed to social and economic benefits in the regions where they operate. This has had a wider benefit to society as a whole by contributing to a more sustainable future. ## **Financial Review** ||SORP reference|| |---|---|---| |Review of the charity’s
fnancial position at the
end of the period|Para 1.21|For the period to 30th April 2025, the charity received donations of £68.750 from
Grind Holdings Ltd, incurring total expenses of £68,678, generating a surplus of £72
and a reserve of £146.| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|The charity is supported by a single primary donor, Grind Holdings Limited, and all
funds are allocated to plastic recovery, therefore no material reserves are held.| |Amount of reserves held|Para 1.22|£146| |Reasons for holding zero
reserves|Para 1.22|N/A| |Details of fund materially
in defcit|Para 1.24|N/A| |Explanation of any
uncertainties about the
charity continuing as a
going concern|Para 1.23|N/A| ||SORP reference|| |---|---|---| |Type of governing
document; (trust deed,
royal charter)|Para 1.25|Memorandum and Articles of Association| |How is the charity
constituted? (e.g
unincorporated
association, CIO)|Para 1.25|Charitable Company| |Trustee selection methods
including details of any
constitutional provisions
e.g. election to post or
name of any person or
body entitled to appoint
one or more trustees|Para 1.25|The trustees of The Better Coffee Foundation were selected based on their
expertise in key areas relevant to the charity's mission. These areas include the
coffee industry, sustainability, business management and marketing.
The initial trustees were identifed and invited to join the board based on their
proven experience and commitment to the foundation's objectives.
There are currently no constitutional provisions for the election or appointment of
trustees. The existing board of trustees will make future trustee appointments,
ensuring that candidates possess the necessary skills and experience to contribute
to the charity's work.| ## **Trustees & Declarations** ## **Trustee Names** David William Abrahamovitch James Anton Gadsb Peet y y Edward Robinson Daniel Mark Sherfield Alexandra Faith Smith **Entitled to A oint Trustees pp** David William Abrahamovitch The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees; **David Abrahamovitch** Chairman, Better Coffee Foundation 28th February 2026 **®** Better Coffee Foundation ANNUAL REPORT FY 2025 Charity Number: 1200021 Report for the period 1st May 2024 to 30th April 2025 Charity registratbjn nurnbpr 1200021 {Er￿j￿rNI and Wales) Comparby reswstration number 13870588 THE BEThER COFFEE FOUNDATION ANNUAL REPORT AND UNAUDrrED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025 THE BErrER COFFEE FOUNDATION LEGAL AND ADMINISTRATIVE INFORMATION Trustaos K* E AD￿nS￿n A srnith J A Gadsby Pe81 ¢harlty numbèr (England IWalg$1 12(M)021 Company numbor I387058B Reglstered office Tdepk*me H￿tse PaL4 Street L￿d EC2A4NG Independe￿ examlner Cam5 H¥1 Estste F*eham Ham￿ Uniled P016 SUY THE BErrER COFFEE FOUNDATION CONTENTS Pa98 Inde￿dent exawinprfs rewt ststemenlaffffi8rKial artMiEs Nota$ lo th8 fnarKi8lsial8ft￿tÉ 6-10 THE BErrER COFFEE FOUNDATION TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 30 APRIL ￿25 Th8 trustees wesenl t1￿r annual atKI Ina[￿￿ I￿lheYear￿ed 30￿12025. firhonuel slolem¢nts hevc b¢en prcwred in xoyd￿¢Cl￿lth ￿ •wounbry xt wt in Ihe notes, compty with ihe charily soveming dwLwMenl, the Companes Act 20￿ and-ActWnti￿ ReFh)rtingby ch￿1￿ Stalwenl of Recornmended Prathc2 ap￿Icab￿ to ¢tharIb￿ preparinu Ihe¥ a(￿nts In ￿l￿an￿ Retx>rting Standard sp￿1¢ab￿ in thtr UK arKI Ir￿8￿ IFRS 1021" leffeL1Ne l J4rAJary 20191. Obl8¢tlv8s and 8¢tlvllbès The Better Coffee Foundation a(ktresses the broader 155ues the ￿ff￿ indW. OLY fft155wJn enhancwvj posilive & M￿ga￿Tr) negative wthin the Tr)ff￿ walu8 ￿￿1n We engage kn31 ay8nts of charye slobaiy kn address Sockil & ecokn9i¢S i$8ues Opepiry acrossgecg￿￿s. wort sustsinabk acknr6 and maximise ts p05ibve Irrpad on conYnuThiie$ the envir￿ment During the financ￿1 year. the thwty for￿¢￿ on providi￿ ￿ants ID orgw¥eath0￿ ¢k4ic*d to oRgn.bo8ed W￿]¢ removal and ￿yclI￿. This aligns dY8CtIy ¥Yith ow charitable wrtx)5e a)nsetvabon. protecI￿n. and irnprovem2nt of the ph￿ICtI and nalural env1tvn￿￿t. SpecrfirAly. we prowded fur￿1[¥￿ to aeanHub laler Ocean Co to supwrt tsr ocean tound plast¢ ￿¢(l￿ry These aciiwlies are reflected in )ui acwJnts as 9rant expe￿ltUres. LÈmon*r8bng our mmilfftent lo *dressing rnariw polut￿ wstsin*Ae waste mwa9emenL Irust*as confirrn thai Ihey have had r￿9rd to the widan(* issued by Charity CcAnmBsion M putli¢ b￿$fil plannng urKJertaking the activthes. Achlevefflents and performance swn1f￿&￿tdCII¥¢tseS and6¢h￿ven￿￿tséYal￿￿t1>bFd￿} Dunng ￿ financial year. our charit*5 primary aCh￿Ve￿￿nI wa% the wovNon of wants to CleanHub and O￿an Co, organi8aiKJns dèdioled to prevtntiw fr￿n￿￿ri￿vj Lt8an. Th￿9h trJr fUTh￿r0, Ih8se partw8￿￿0 ai48 to.. - EXPar￿ It￿1r netwoik of FAaSt￿ in coa51al eomfftL¥*ties. rethJUTrJ the arnounl of pL161￿ prAlut￿n 18¥ching lh8 0￿￿. . Suppcrt bcal waste colecb(xi umbats￿. cr*abrKJ ￿t￿)Yment *¥pybJnitBs emrrt)wing ￿M￿r¥be$ to m8nage waste. . Enhance the IraGkntvJ and traang of plastic Y￿S[e. weaier tr*spaw and acci)uniaknlty to brands *KI consuThers. Th8 Imp￿1 of OLT want has reyjhed in thFILtsI ￿duLt￿ of 139.649kg in pla* PD1UtK￿. bE[￿fits￿ ec05y8tems ctsnlrbutin9to a healthier e￿1￿Men1. FLytheM￿r￿. by supwybro Ihese c(xnmurity-based awoths. W￿ have I￿ri￿ted to aNI eCfjnOm￿ benefits in the regions where ltsy operate. Thks has had a Irfer beref¢ lo scoetya$ 8 wthole bY¢￿rr￿J￿r1j ￿ a nve sustsinable fubjre. Flnanclal rpvlaw F(Y the penod to 30th Aprl 2025. the charity receNtil donaiio￿ of £6$.7￿ frrffi Gri￿j Hokyirys Ltd. irKurriry tot* expenses of£66.678.g￿er8tlng 8 wrplus 01£72 a reser¥e of£146. eharity E suppDrted by a single pnm8ry donty. Gmd Hddiros Lvnited. and dl fvnds are Jloraled to p195tic recovw, thereftire no tnaterial reS￿ve5 3re hekj. THE BErrER COFFEE FOUNDATION TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 30 APRIL ￿25 Stru¢turg, govomanu al￿ manawgn¢ The Bell￿ Coffee Foundatim ts a ty g￿rantee atd has dravm up a rnpThKj￿nthfft and a580c￿ti￿n Du￿1[￿ng Ihis. Th8 Irusl8es ol Bgller Coffep FoundaiKn Se￿￿d ba*J experfise in kFy 8Tr8s re1eYanl lo the miSSK)n. These areas ir￿￿de the caffee Inthslry. sustsinknlity. ￿￿r￿sS managernent and rnarkebng. The ￿rtIal trustees were ￿entrfEd an(J in¥ited lO￿n tre board b35ed on th￿[ FKtwen expen￿￿ u>Thrnitment lo the r(￿dat￿J￿'5 obpctives. TFEre ar8 ¢LTrenly no ¢£￿E111UI￿K￿l p[ws1(￿S forthe or ¥wJ￿1[￿e￿l of ItU51ee5. The existng btrard of Irusie85 will make future trustee apwxntrnenls. en5urirvJ Ihat Ca￿idateS kK)58e5s the Skil￿ exper￿nce to u)ntribute lo ihe eharfty's work. T￿ tnjstees, are aso the wrrose of wnwan> Lqw. ¥wJ serveddurirvJ the year and up to th& dai& of sign8tLJieof Ihe fin*osl $￿eMents wwe." Mr D Phrah8mowl Mr D Sh*rf8ld Mr E Roknnson Ms A Smith MrJ A Gadsby Peei N￿e ol the trustees has *)y Wefioal intw*t the ¢tsmpany. Wl of the trustses are rrwb8rs cl th? curpanyand iaranlpp. tThrJinlrilxttp. Pl ID Ihp. pv* nFa ijrb trustees rerA)rt W8S 8pprove(I by ts Bowd of Tnthes. Mr D Sherfield On b•half of tho Truste08 30 Januory 2026 THE BErrER COFFEE FOUNDATION INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE BErrER COFFEE FOUNDATION I r8Wrt to Ihe tr￿lee5￿￿ my exatr4nalKJn vfthe statw[￿LS ￿ Th8 Better CoffeeFOwdalK￿ for the yearend8d 30 Aprl 2025 R$spon￿bIllIFy arKI basls of report As Iho bustaes ofihè Better Coffèè Fa￿da1￿)n laNJ also hs directus the wrpo*s of t￿nY L*Yl arerespon$SN for Ihe prepatsbm oflhe fF)an)al in acthLt•Ke *ith tr* WLirements of the Compani85 Ad 20061tt)e 2006 Hawng salEfied m)seWthat the fin3noal s￿te￿￿￿tS of the eettercoffee Fou￿at￿￿ are mt r￿￿red lo be ￿dit￿￿ under Pari 16 oflhe 2006 Ad and atB digblefor i￿e￿e￿ent exaM￿akn. I rep￿1 in respeL* of My exa￿￿nabQn oflhe charity's finanaa ststements Carried out under seth)n 145 ofthe Charthes Att 2011 2011 kll In carryirg out Myexaminat¥￿ I have follo%v8d all applicabk DYectK)ns gven by Ihechatty Comnyssti)n under s8cbon 14qiXbl of Ihe 2011 Act. Independent examinees statement I have CoMp￿ted Thy exaNinaliM. I corifitrn tnatt£r5 have c(The to rnYattenti￿ in connethn %&ith the examination givi￿ me oxuse lo belE¥e that ￿ any ThateDal re5PBCt". ac¢xJunbrKJ reu)rts rM)tkept in re4Wt¥rfthÈ tfoty 8$ tÈwit*I by 386ofthe Comparyes Aci 20￿. the financial 5talwnents do notacrAyd *ith I￿sse recotds". or financial staiements do not ccmrAy *ilh the rewKements orsec￿) ￿ ofthe CcxnpaniesAci 2006 olherlh8n any WUIrer￿nI that1hefi￿cl* staternwils gve a true and far vw. which Is ￿￿t a ￿9tter w1￿￿ere￿ 8s part ofan Independent ex￿InatiOn. or the fiMnci•l 5talemenls hove nol been prep￿ in a¢￿￿￿r￿￿ melhod5 and prirKipksol Ihe Stslemcnl of Rewrnmended Practics lor *%wnting and rsrrtKbro by charitres to ch8nles wepgrng Ih&rfinwc￿I statements n acCOrda￿e the FnarKxal Rw"ng SlarNl¥¢ applikn ￿ the UK Repuyic ot Ireland IFRS 1021. I have no Con￿￿5 and have c￿rne xrDSS no In Èxwrinabi)n attenlion be rawn in this in order lo a pyopfrr urKjeTrt￿￿lr￿ of fiA4ncral Stslerrwts to be rfya¢WI L￿[* Moryan FCA A261S Carn* Pkce Hall Esiale Fareham Haryshirc P016 8UY Unrted ￿r￿jdOM Dated.. 30 January 2026 THE BErrER COFFEE FOUNDATION STATEMENT OF FINANCIAL ACTIVMES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 APRIL 2025 Uwostri¢tod unrO￿l¢tod fund5 funds 2025 2024 In¢omo fw: t)on8t1￿and 68.750 79.050 Totsl Incomo 8.75D 79.050 Ch*ats￿ 68,678 78.976 Totsl expontliture .678 78,976 t in¢orn• arwj ifi fvnd¥ 72 74 ReconGiliabon of fund5'. Fund balar￿8$ a11 May W24 74 Fund balances at 30 Aprll 2025 145 74 THE BErrER COFFEE FOUNDATION BALANCE SHEET ASA T30APRIL 2025 2025 2024 Currbnt ass•ts Debto Cash 2t barth and i) ha 10 13.800 4.1( 19,050 2.984 I7.￿G 22.034 Cr&dltOV5: amowtsfalllng th• within on• yEar 11 117.7601 I21.￿0) Net currenlassels 146 74 The fvnd$ of the ¢h8rfty Unrestricled futKJs 12 74 146 74 The Iunp3ny is ent￿ed to the ExenwtKmlrom Ihe 3￿rt reWITerr￿rt￿laned n seAknI 471 otthe CotrYan￿sACt 20(￿. for the year ended 30 Aryil ?(r25. direEtoTr ackn￿ledge their resP￿S￿l￿je5 requw8tnents of the Cc4npaniEsAct 2LXJ6 Mih reycl to a¢¢ountiry remrds and trt preparatw offnaroal Stat￿ents. Th8 rn8fflb￿ have not requited the io Obta￿ an audit of its staterr￿ntS furlhB Y￿1n quBstion in wrddfKX Witti 476. Trtse finaTh>al $￿ternents hakt prerored in ￿r￿￿e 8PFAK¥ble to c(*mpar4es subpct lo the srtball ¢(thpanies regir Ihe financ￿1 state￿nts aptKoved by I￿￿*ee5 30 2026 Mr D Sherfield On bahall otthe TnJsteOS Cory)any r￿lS1rati￿ rwmber 13870588 IEngL¥d arxl waes) THE BErrER COFFEE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL ￿25 A￿OUnt￿9 pol￿195 Charity inlarmBtit The Better Coff9& Fwndabm B a wvats corrparw lirrmted bY￿aran￿￿1r￿r￿￿ratrd in Engl￿d 8ndWg18s. The istsred offKe Is Teb9p1x￿ H￿￿. Pall Streec LLKvkn. EC2A 4NG. 1.1 Roporting pwiod Tho w8viou5 wx)d'$ a¢%thnts*rB a 14 p￿(￿1 to 3(th 2024. Tt* (xxrènt wK)ds arè fcy Ihè yèar b 30 Aprl 2025 ar￿ If*refrMt ￿l*ti￿re￿ ¢x)ThwratAe. 1.2 Accountwy comientiun The finanti81 siai*rr*nis h¥•e pr¥p¥*J in 8(XCYdar￿e ￿TIh tre d￿n￿80)Vem1￿ do¢urn¥ni. CompaThes Aci 2006, FRS 102"The Finanual Repjrtiry Sland￿ apJk*in the UK RepulAc of Ire￿nd- I"FRS 102.1 and the ChaniEs SORP'kcoLrbng and Re[thr￿ by Charibes.. Staierwt of Recthmrren￿ PraCt￿e appluble its charibes prepahng Ih&r accounts in accOrda[￿E¥l￿ the FY￿nI￿al RerKKbrvJ s￿dard apWicaNe in the LJK and REpublic of Irdand IFRS 1021" leftecbve 1 knuary 20191. The (*arity is a Public Benefft Entitya5 defined by FRS 102. The chanty has tsk8n advant•)e ofts tK¢¥*$wsin SOF4P noi to ryeP8re a Slglem8nl ofcash FI￿￿. The finanasl statements are wepEred n sterfirwJ. Yknsch is Ihe t￿￿1 ￿￿erLy011h￿ ttArity. Monetaryamounts Ihesefinanck41 Ststetn￿ls *e rOu[￿ed lo Ihe nearest£. The finanaal slalernenls have been pr￿￿ed urKler the Ix)sta￿ventiD￿. ITtKKltfied to incl￿￿ thp revaluatK) offreehold properties ar￿ to F)vesbneM ￿pe￿e$ arwj ¢￿81Th i￿r￿m￿ts al fair valuel. The wncipal acwunlkng adopted are set outbgkrt¥. 1.3 G•lng ¢an¢wn Al the Iirnt orapp￿r￿j Ihe finarw)al th8 ¥ust8es hab* a teaxffjabl& 8xr*¢iabon thal chanty has adequale resour￿ to conbnue In ￿rat￿n31 exISten￿￿orth2 fOreseekn￿ futwe. Thus knstees con1n￿ lo alopt Ihe going CO[￿[￿ ba￿S DI accountirvj n preparing Ihp fnarKial slaternents. 1.4 Charftabl• fvnds Unrestricied are avaiL*Ae ￿ use at the of the tru5tee5 I￿ fiJrtheratKe ofthertharilatAe objectivès. Restrded fLrd5¥e sutyectlo spetsfftconLfjti￿ ty doThys or￿￿1<1rS as to hcwthey rnay be used. The ￿rposeS and uses 0ftr￿ restr￿e￿ fvDds arp set(xrt in t1￿ no*sto STatwnpnts. ErKlownentfunds are W to 5perAk U)[￿rtM￿ by dL¥MMSthatthe Gaiilal rnust be m￿ntan￿ by the Ch￿ty. 1.8 Incom Irwrne 15 %Yhen the chaity 15 legalty entstled lo il after any wfcymance c¥)tvJthL￿S have bBen tha nts cw be Thasur8d reSabty. arml itis w<*JaDkn Ihatinctyme berecewtrj. Cash d￿ati￿S are Tecwised on recept. Other¢*Jnatsms ¥e recfwised On￿ the chaTty *as been nolified ofthe donaton. Unl￿ perfLymar￿e £¥Jndth(￿S requre deferrd oftre attwJunl. InouDe tax recoverab￿ in relatsL￿ to dDnakns ￿e￿Ned ￿der r￿ftA￿l or de￿15 of (X￿Enant is rewised atlhe Ot1he&MatM￿. Legaues are rewThsed re￿p1 or 0lheThV￿e rf the chatity h3s been rK)bl￿d of an Impending dislributi(kn, the xjnt Is known. receipt Is expecied. Nthe knevm. l$trea￿l as a ￿MIln9ent assot. THE BErrER COFFEE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 30 APRIL ￿25 ACcoUntw￿ pol￿•e$ (Continued) .6 Expenditure Cxpendilure Is ￿ognISed I￿￿1here oriThstnM*Ne dAvja1￿to tra[the(￿Orn1C benefrttoa third party, rt 1$ kYObabl6 thai a Iransf*rot￿rth￿ bènaffts ba reQ￿red w) Stlty8ff￿1. amoml of oblKJabon Can b& mea9Jred rdigbly. ExpPrKIlu￿ is d¥s5ifpd byxty￿ty. (xEts ole*h **vity tn*J& ￿pOItt￿P tdal of dirp¢twsts ¥t¥J shared rosits. induding suptx)rt(X)sts involved in utKJprtakry eath thty. D￿￿ta)Sts attritxnable to a Sr¥J￿ aGtivity are 311orAted dirttvy 10 th818CtMty. Shaiee costs ¢￿tri>jie ￿ mtye than ￿ gaivrty suprot o)sts n aiiributsbk 10 8 &role *MIy *& aPWM1iwthJ bet￿ tlw ￿l￿tI&% £47 8 c¢Msisiwt wlh ￿e0f tysourc*8. Central stsff costs are akncated b￿S of ume a￿1 deweaknn charge5 are aIknca￿ on pOrt￿n ofthe asset's use. 1.7 Ca$h ¢a$h equivalfynts Cash Cash ewrwalents Ir￿L¥Je cash ￿ harK1. depos.ts W al¢all bar*s. Olhei short.tsrm lirwKJ Inv￿ments with ongnal maturrfies afltrrfee monthsor kn. aid overdrafts. Bar& Dverdrafts are ￿1th￿ bom¥ings In CLJtrenl liabilthe5. 1.8 Financial instruments The charity has decie(I to ap￿Y ￿ prwsKmS of Secbw 11 Eaw"c Finaffaal InstryThents' al￿ Section 12'0ther FinanEial 1nstrur￿ents Ls5ues' of FRS 102 to al of Is 1rthw￿￿ts. Financial instsumgn& ar• in th• tharitys b4arK• sh•st*th•n Ih•charity b•com•s party lo th•cLNnlractu provBb)r6 ef Ihe irwrurrtnt Financial assetsand laknlilKs are offset. *ilh Ihe 3fTK)urrts ￿￿eseT￿ fi[￿[Ki￿ statetn8nts. when ther8 15 a 1Ègalfv enftricÈablÈ n9hl to sei ofF LhÈ wneed *)K¥Jnw there is a) ITh￿ti￿ 10 setUÈ on a net basts orto realL*e 8 asset and seNia Iho Ii¥bl¢y sthmutt•. asic ffnan¢wl •$8ets Bas￿ tinancial assets. indude debt￿5 rash bank ba￿n￿5. ¥e inthally measured at tr￿s￿LI￿n Indudino Iransa¢JM ￿1$ arKI are sthsewertyi*rried * anK*bsed L*tst elfethe ￿te[e51 methtrtl unless e atraweTnWic￿¥l1lutstsa I￿￿1￿. m￿su[￿j ai ts we5WI valL* of rurure receipts Jg¢c4Jnt80 * 8 m8rket Me ￿ Inieresi. Finar¥ièi assws caasstheo asrecthvabk W￿[n ¢Me yearare not amorbs8d. Ba$K I1•b￿lI¥￿$ 8a5ifinanc￿l liabilities. ncluling credrt(Y5 bank kjans are iThti31yTecogTh ￿ att￿saCh0n tx)￿ unle55 Ihe arran9ement t￿*￿1Ut¢S a finantsng the dÈbl Irtsjumeill is mea¥ursd aithe preS￿t vau¢ ofth¢ fvlure paY￿￿1$disc¥)utrtWJ ata matk81 rats of iTrlwe5L Fina￿￿￿ 1thlrf1￿ da￿fi￿d a5 payaLle witFin ye¥are not amornsed. Debt InstrU￿￿lts are sub5eqLEnUy rarrEd alarrKxW rnsL theeffedi¥e interest rate rnel1￿. Trade cr&dit¢KS 8re oNigaiths to or$w￿￿ that have been acqLirèd ￿ the ordinary u)ur&t of OP8raiomg supplet5. knounts payab18 ¢J￿r￿d as lthh"IRs rf pa)Thent is dutr wrthin ontr year or less. If not. they are presented as nOn￿rrern 53blitÈs. Trae uecitors a￿ r￿n￿ed Inrtialty at ￿Sac￿C￿ pri￿ and subsEquenlly rnEasured at att￿￿￿Sed oist tre eife(*¥e nlerest tr￿. Dern¢ognlVon olllnJn¢l•lll•bilth Financkgl IK*1￿8$ are d8r8wN88d ￿en ch8nty8 cortr￿1 are di8tt￿rg￿ or ¢*)c*lW. THE BErrER COFFEE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 30 APRIL ￿25 knGom¢ from *J(￿lon$ and lewl¢s Unrestricted UnrestrictEd hjnds funds 2024 2025 Donalh?rtsaTrJ g•ls C*.750 79.(￿0 Exporndibjre ¢h•riiablo8dvlllas c￿n1¥b Charitabl 0xpenthwr• expondlture 2025 24 Direcicosts Grantfunding oractvitEs {spÈ rth 4) 60.480 76.￿6 Sharg of 5UPPOrt and gov•rnance costs150e note 51 Support 518 7.680 570 2.10D 68.578 78.976 Anatysls by fund Unresirthd hmds 68.678 78.976 Grants payab ¢harfiabl Charltsblo gxpen(*uro expendlture 2025 2024 Grants to InstilulRyis". Olher 60.480 76.￿6 Supptrt Costs a1kn¢81od to xdv5tS•s Chawitable xwditw¢ 2025 Total 2024 Profèssion*J $uttstrptK￿$ Bank thaoes Sundty expenses Govemarte 517 431 25 375 2.1(H) 7.6 THE BErrER COFFEE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 30 APRIL ￿25 Support costs alhxated lo activbtie5 (Continued) 2025 2024 G(wern8n¢¥ ro•ts ¢QIIIPWi80: Independent exaThners fee5 A(rA>untat 2.4 5220 2.100 Net movem•rrt kn fvrK15 2025 2024 The nel rnDvementin slated after thaBJirylluedtirvJl.' Exd*n9e bs$88119aiisl Faes payable lortr* i￿ap¥vj6nI exarrinatth of the chariws fnantsal Stat￿ts 12611 2.41M) Trusts•s Nonèofthe trust£es anypBrsL￿s tonnèthd Ih*nl r**v*l any remuneratth ￿ b8r*fiiS from tharity during the year. The a4rye ThontNy rxjrnber of during IheyearTh" 2025 Nwnber Number Total ThÈrÈ w￿re rn p￿t￿oYeeS a￿￿1 rÈrnurwaiK)nwas Tr￿ Ihan £60.(m. Taxatio The tharity is exenw from tax ￿ 1rKJy￿ g8ir6faliro within $8cboTh￿s of theTax8s Aca 1988 orse¢th)n 252 ¢f Ihe TaxalK)n of Chargeable Gans Act 1992 10 V*extenl thatthe5e appk.ed to its c￿table0bleClS. 10 Debtors 2025 2024 Amounts falllng due wsthln one yw. Oiherdebto Pr*p8ymentsand ac¢rL*d intyj) 13.8Tr) 18. 13.8(X) 19.050 THE BErrER COFFEE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 30 APRIL ￿25 11 ¢rfydltws'. amoynts lalling*knwithin (￿￿Y￿ar 2025 Z024 Tiade cr￿110 Accrua15 and deferred inc(x 5,040 12.720 15.120 17.7 21.*0 12 unr•8trf¢t￿ tur￿1& Tre LwYe5tricted fvnd5 of IhEUnex￿tmI￿l balatKX50fdonaITh￿ gran15 %Yhlch are rK)I subject lo specth¢ by d￿(￿$ and yaniors as k how may te used. These i￿lUde designated funds which have been set aS￿e out of unresrricted fw*$ by IIE Iwstees for p￿￿￿s. At 1 2024 Incoming Rogour¢esAt 30 Awil 2025 expended Gtneraj fuNJs 74 68.7Y) 168,6781 146 Pr•vipu* Pgrf0d= At 1 May 2123 IncomlThg Resource&At 30 Wil 2024 resowc•$ expended Gen￿￿ fU￿S 79.OM> 178.9761 74 13 Rdat•d transacttyyis All donat￿n5 r￿Ved d￿rY9 tre pemd of £68.7￿ {2￿￿￿- £78.IXX)l*we fr￿n Grind Ho￿ing￿Limited The Director5 of Grhd H￿l￿ng$ ￿Me{l are¥boTn￿lees ofThe Batercoffee FWnds￿. Al the pen￿1 end. th8 cfwitywastrwed £13.8LK)12024- £18.LNXlI from GrThJ HrJd*i9s ￿m￿ed. al r8Lqted 10 dO￿lOnS. 10- This document was delivered using electronic communications and authenticated in accordance with ihe registrar's mles relating to electronic fomi, authenticatior and manner of delivery under sectioi) 1072 of the Companies Act ?006. Charity registratbjn nurnbpr 1200021 {Er￿j￿rNI and Wales) Comparby reswstration number 13870588 THE BEThER COFFEE FOUNDATION ANNUAL REPORT AND UNAUDrrED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025 THE BErrER COFFEE FOUNDATION LEGAL AND ADMINISTRATIVE INFORMATION Trustaos K* E AD￿nS￿n A srnith J A Gadsby Pe81 ¢harlty numbèr (England IWalg$1 12(M)021 Company numbor I387058B Reglstered office Tdepk*me H￿tse PaL4 Street L￿d EC2A4NG Independe￿ examlner Cam5 H¥1 Estste F*eham Ham￿ Uniled P016 SUY THE BErrER COFFEE FOUNDATION CONTENTS Pa98 Inde￿dent exawinprfs rewt ststemenlaffffi8rKial artMiEs Nota$ lo th8 fnarKi8lsial8ft￿tÉ 6-10 THE BErrER COFFEE FOUNDATION TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 30 APRIL ￿25 Th8 trustees wesenl t1￿r annual atKI Ina[￿￿ I￿lheYear￿ed 30￿12025. firhonuel slolem¢nts hevc b¢en prcwred in xoyd￿¢Cl￿lth ￿ •wounbry xt wt in Ihe notes, compty with ihe charily soveming dwLwMenl, the Companes Act 20￿ and-ActWnti￿ ReFh)rtingby ch￿1￿ Stalwenl of Recornmended Prathc2 ap￿Icab￿ to ¢tharIb￿ preparinu Ihe¥ a(￿nts In ￿l￿an￿ Retx>rting Standard sp￿1¢ab￿ in thtr UK arKI Ir￿8￿ IFRS 1021" leffeL1Ne l J4rAJary 20191. Obl8¢tlv8s and 8¢tlvllbès The Better Coffee Foundation a(ktresses the broader 155ues the ￿ff￿ indW. OLY fft155wJn enhancwvj posilive & M￿ga￿Tr) negative wthin the Tr)ff￿ walu8 ￿￿1n We engage kn31 ay8nts of charye slobaiy kn address Sockil & ecokn9i¢S i$8ues Opepiry acrossgecg￿￿s. wort sustsinabk acknr6 and maximise ts p05ibve Irrpad on conYnuThiie$ the envir￿ment During the financ￿1 year. the thwty for￿¢￿ on providi￿ ￿ants ID orgw¥eath0￿ ¢k4ic*d to oRgn.bo8ed W￿]¢ removal and ￿yclI￿. This aligns dY8CtIy ¥Yith ow charitable wrtx)5e a)nsetvabon. protecI￿n. and irnprovem2nt of the ph￿ICtI and nalural env1tvn￿￿t. SpecrfirAly. we prowded fur￿1[¥￿ to aeanHub laler Ocean Co to supwrt tsr ocean tound plast¢ ￿¢(l￿ry These aciiwlies are reflected in )ui acwJnts as 9rant expe￿ltUres. LÈmon*r8bng our mmilfftent lo *dressing rnariw polut￿ wstsin*Ae waste mwa9emenL Irust*as confirrn thai Ihey have had r￿9rd to the widan(* issued by Charity CcAnmBsion M putli¢ b￿$fil plannng urKJertaking the activthes. Achlevefflents and performance swn1f￿&￿tdCII¥¢tseS and6¢h￿ven￿￿tséYal￿￿t1>bFd￿} Dunng ￿ financial year. our charit*5 primary aCh￿Ve￿￿nI wa% the wovNon of wants to CleanHub and O￿an Co, organi8aiKJns dèdioled to prevtntiw fr￿n￿￿ri￿vj Lt8an. Th￿9h trJr fUTh￿r0, Ih8se partw8￿￿0 ai48 to.. - EXPar￿ It￿1r netwoik of FAaSt￿ in coa51al eomfftL¥*ties. rethJUTrJ the arnounl of pL161￿ prAlut￿n 18¥ching lh8 0￿￿. . Suppcrt bcal waste colecb(xi umbats￿. cr*abrKJ ￿t￿)Yment *¥pybJnitBs emrrt)wing ￿M￿r¥be$ to m8nage waste. . Enhance the IraGkntvJ and traang of plastic Y￿S[e. weaier tr*spaw and acci)uniaknlty to brands *KI consuThers. Th8 Imp￿1 of OLT want has reyjhed in thFILtsI ￿duLt￿ of 139.649kg in pla* PD1UtK￿. bE[￿fits￿ ec05y8tems ctsnlrbutin9to a healthier e￿1￿Men1. FLytheM￿r￿. by supwybro Ihese c(xnmurity-based awoths. W￿ have I￿ri￿ted to aNI eCfjnOm￿ benefits in the regions where ltsy operate. Thks has had a Irfer beref¢ lo scoetya$ 8 wthole bY¢￿rr￿J￿r1j ￿ a nve sustsinable fubjre. Flnanclal rpvlaw F(Y the penod to 30th Aprl 2025. the charity receNtil donaiio￿ of £6$.7￿ frrffi Gri￿j Hokyirys Ltd. irKurriry tot* expenses of£66.678.g￿er8tlng 8 wrplus 01£72 a reser¥e of£146. eharity E suppDrted by a single pnm8ry donty. Gmd Hddiros Lvnited. and dl fvnds are Jloraled to p195tic recovw, thereftire no tnaterial reS￿ve5 3re hekj. THE BErrER COFFEE FOUNDATION TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 30 APRIL ￿25 Stru¢turg, govomanu al￿ manawgn¢ The Bell￿ Coffee Foundatim ts a ty g￿rantee atd has dravm up a rnpThKj￿nthfft and a580c￿ti￿n Du￿1[￿ng Ihis. Th8 Irusl8es ol Bgller Coffep FoundaiKn Se￿￿d ba*J experfise in kFy 8Tr8s re1eYanl lo the miSSK)n. These areas ir￿￿de the caffee Inthslry. sustsinknlity. ￿￿r￿sS managernent and rnarkebng. The ￿rtIal trustees were ￿entrfEd an(J in¥ited lO￿n tre board b35ed on th￿[ FKtwen expen￿￿ u>Thrnitment lo the r(￿dat￿J￿'5 obpctives. TFEre ar8 ¢LTrenly no ¢£￿E111UI￿K￿l p[ws1(￿S forthe or ¥wJ￿1[￿e￿l of ItU51ee5. The existng btrard of Irusie85 will make future trustee apwxntrnenls. en5urirvJ Ihat Ca￿idateS kK)58e5s the Skil￿ exper￿nce to u)ntribute lo ihe eharfty's work. T￿ tnjstees, are aso the wrrose of wnwan> Lqw. ¥wJ serveddurirvJ the year and up to th& dai& of sign8tLJieof Ihe fin*osl $￿eMents wwe." Mr D Phrah8mowl Mr D Sh*rf8ld Mr E Roknnson Ms A Smith MrJ A Gadsby Peei N￿e ol the trustees has *)y Wefioal intw*t the ¢tsmpany. Wl of the trustses are rrwb8rs cl th? curpanyand iaranlpp. tThrJinlrilxttp. Pl ID Ihp. pv* nFa ijrb trustees rerA)rt W8S 8pprove(I by ts Bowd of Tnthes. Mr D Sherfield On b•half of tho Truste08 30 Januory 2026 THE BErrER COFFEE FOUNDATION INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE BErrER COFFEE FOUNDATION I r8Wrt to Ihe tr￿lee5￿￿ my exatr4nalKJn vfthe statw[￿LS ￿ Th8 Better CoffeeFOwdalK￿ for the yearend8d 30 Aprl 2025 R$spon￿bIllIFy arKI basls of report As Iho bustaes ofihè Better Coffèè Fa￿da1￿)n laNJ also hs directus the wrpo*s of t￿nY L*Yl arerespon$SN for Ihe prepatsbm oflhe fF)an)al in acthLt•Ke *ith tr* WLirements of the Compani85 Ad 20061tt)e 2006 Hawng salEfied m)seWthat the fin3noal s￿te￿￿￿tS of the eettercoffee Fou￿at￿￿ are mt r￿￿red lo be ￿dit￿￿ under Pari 16 oflhe 2006 Ad and atB digblefor i￿e￿e￿ent exaM￿akn. I rep￿1 in respeL* of My exa￿￿nabQn oflhe charity's finanaa ststements Carried out under seth)n 145 ofthe Charthes Att 2011 2011 kll In carryirg out Myexaminat¥￿ I have follo%v8d all applicabk DYectK)ns gven by Ihechatty Comnyssti)n under s8cbon 14qiXbl of Ihe 2011 Act. Independent examinees statement I have CoMp￿ted Thy exaNinaliM. I corifitrn tnatt£r5 have c(The to rnYattenti￿ in connethn %&ith the examination givi￿ me oxuse lo belE¥e that ￿ any ThateDal re5PBCt". ac¢xJunbrKJ reu)rts rM)tkept in re4Wt¥rfthÈ tfoty 8$ tÈwit*I by 386ofthe Comparyes Aci 20￿. the financial 5talwnents do notacrAyd *ith I￿sse recotds". or financial staiements do not ccmrAy *ilh the rewKements orsec￿) ￿ ofthe CcxnpaniesAci 2006 olherlh8n any WUIrer￿nI that1hefi￿cl* staternwils gve a true and far vw. which Is ￿￿t a ￿9tter w1￿￿ere￿ 8s part ofan Independent ex￿InatiOn. or the fiMnci•l 5talemenls hove nol been prep￿ in a¢￿￿￿r￿￿ melhod5 and prirKipksol Ihe Stslemcnl of Rewrnmended Practics lor *%wnting and rsrrtKbro by charitres to ch8nles wepgrng Ih&rfinwc￿I statements n acCOrda￿e the FnarKxal Rw"ng SlarNl¥¢ applikn ￿ the UK Repuyic ot Ireland IFRS 1021. I have no Con￿￿5 and have c￿rne xrDSS no In Èxwrinabi)n attenlion be rawn in this in order lo a pyopfrr urKjeTrt￿￿lr￿ of fiA4ncral Stslerrwts to be rfya¢WI L￿[* Moryan FCA A261S Carn* Pkce Hall Esiale Fareham Haryshirc P016 8UY Unrted ￿r￿jdOM Dated.. 30 January 2026 THE BErrER COFFEE FOUNDATION STATEMENT OF FINANCIAL ACTIVMES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 APRIL 2025 Uwostri¢tod unrO￿l¢tod fund5 funds 2025 2024 In¢omo fw: t)on8t1￿and 68.750 79.050 Totsl Incomo 8.75D 79.050 Ch*ats￿ 68,678 78.976 Totsl expontliture .678 78,976 t in¢orn• arwj ifi fvnd¥ 72 74 ReconGiliabon of fund5'. Fund balar￿8$ a11 May W24 74 Fund balances at 30 Aprll 2025 145 74 THE BErrER COFFEE FOUNDATION BALANCE SHEET ASA T30APRIL 2025 2025 2024 Currbnt ass•ts Debto Cash 2t barth and i) ha 10 13.800 4.1( 19,050 2.984 I7.￿G 22.034 Cr&dltOV5: amowtsfalllng th• within on• yEar 11 117.7601 I21.￿0) Net currenlassels 146 74 The fvnd$ of the ¢h8rfty Unrestricled futKJs 12 74 146 74 The Iunp3ny is ent￿ed to the ExenwtKmlrom Ihe 3￿rt reWITerr￿rt￿laned n seAknI 471 otthe CotrYan￿sACt 20(￿. for the year ended 30 Aryil ?(r25. direEtoTr ackn￿ledge their resP￿S￿l￿je5 requw8tnents of the Cc4npaniEsAct 2LXJ6 Mih reycl to a¢¢ountiry remrds and trt preparatw offnaroal Stat￿ents. Th8 rn8fflb￿ have not requited the io Obta￿ an audit of its staterr￿ntS furlhB Y￿1n quBstion in wrddfKX Witti 476. Trtse finaTh>al $￿ternents hakt prerored in ￿r￿￿e 8PFAK¥ble to c(*mpar4es subpct lo the srtball ¢(thpanies regir Ihe financ￿1 state￿nts aptKoved by I￿￿*ee5 30 2026 Mr D Sherfield On bahall otthe TnJsteOS Cory)any r￿lS1rati￿ rwmber 13870588 IEngL¥d arxl waes) THE BErrER COFFEE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL ￿25 A￿OUnt￿9 pol￿195 Charity inlarmBtit The Better Coff9& Fwndabm B a wvats corrparw lirrmted bY￿aran￿￿1r￿r￿￿ratrd in Engl￿d 8ndWg18s. The istsred offKe Is Teb9p1x￿ H￿￿. Pall Streec LLKvkn. EC2A 4NG. 1.1 Roporting pwiod Tho w8viou5 wx)d'$ a¢%thnts*rB a 14 p￿(￿1 to 3(th 2024. Tt* (xxrènt wK)ds arè fcy Ihè yèar b 30 Aprl 2025 ar￿ If*refrMt ￿l*ti￿re￿ ¢x)ThwratAe. 1.2 Accountwy comientiun The finanti81 siai*rr*nis h¥•e pr¥p¥*J in 8(XCYdar￿e ￿TIh tre d￿n￿80)Vem1￿ do¢urn¥ni. CompaThes Aci 2006, FRS 102"The Finanual Repjrtiry Sland￿ apJk*in the UK RepulAc of Ire￿nd- I"FRS 102.1 and the ChaniEs SORP'kcoLrbng and Re[thr￿ by Charibes.. Staierwt of Recthmrren￿ PraCt￿e appluble its charibes prepahng Ih&r accounts in accOrda[￿E¥l￿ the FY￿nI￿al RerKKbrvJ s￿dard apWicaNe in the LJK and REpublic of Irdand IFRS 1021" leftecbve 1 knuary 20191. The (*arity is a Public Benefft Entitya5 defined by FRS 102. The chanty has tsk8n advant•)e ofts tK¢¥*$wsin SOF4P noi to ryeP8re a Slglem8nl ofcash FI￿￿. The finanasl statements are wepEred n sterfirwJ. Yknsch is Ihe t￿￿1 ￿￿erLy011h￿ ttArity. Monetaryamounts Ihesefinanck41 Ststetn￿ls *e rOu[￿ed lo Ihe nearest£. The finanaal slalernenls have been pr￿￿ed urKler the Ix)sta￿ventiD￿. ITtKKltfied to incl￿￿ thp revaluatK) offreehold properties ar￿ to F)vesbneM ￿pe￿e$ arwj ¢￿81Th i￿r￿m￿ts al fair valuel. The wncipal acwunlkng adopted are set outbgkrt¥. 1.3 G•lng ¢an¢wn Al the Iirnt orapp￿r￿j Ihe finarw)al th8 ¥ust8es hab* a teaxffjabl& 8xr*¢iabon thal chanty has adequale resour￿ to conbnue In ￿rat￿n31 exISten￿￿orth2 fOreseekn￿ futwe. Thus knstees con1n￿ lo alopt Ihe going CO[￿[￿ ba￿S DI accountirvj n preparing Ihp fnarKial slaternents. 1.4 Charftabl• fvnds Unrestricied are avaiL*Ae ￿ use at the of the tru5tee5 I￿ fiJrtheratKe ofthertharilatAe objectivès. Restrded fLrd5¥e sutyectlo spetsfftconLfjti￿ ty doThys or￿￿1<1rS as to hcwthey rnay be used. The ￿rposeS and uses 0ftr￿ restr￿e￿ fvDds arp set(xrt in t1￿ no*sto STatwnpnts. ErKlownentfunds are W to 5perAk U)[￿rtM￿ by dL¥MMSthatthe Gaiilal rnust be m￿ntan￿ by the Ch￿ty. 1.8 Incom Irwrne 15 %Yhen the chaity 15 legalty entstled lo il after any wfcymance c¥)tvJthL￿S have bBen tha nts cw be Thasur8d reSabty. arml itis w<*JaDkn Ihatinctyme berecewtrj. Cash d￿ati￿S are Tecwised on recept. Other¢*Jnatsms ¥e recfwised On￿ the chaTty *as been nolified ofthe donaton. Unl￿ perfLymar￿e £¥Jndth(￿S requre deferrd oftre attwJunl. InouDe tax recoverab￿ in relatsL￿ to dDnakns ￿e￿Ned ￿der r￿ftA￿l or de￿15 of (X￿Enant is rewised atlhe Ot1he&MatM￿. Legaues are rewThsed re￿p1 or 0lheThV￿e rf the chatity h3s been rK)bl￿d of an Impending dislributi(kn, the xjnt Is known. receipt Is expecied. Nthe knevm. l$trea￿l as a ￿MIln9ent assot. THE BErrER COFFEE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 30 APRIL ￿25 ACcoUntw￿ pol￿•e$ (Continued) .6 Expenditure Cxpendilure Is ￿ognISed I￿￿1here oriThstnM*Ne dAvja1￿to tra[the(￿Orn1C benefrttoa third party, rt 1$ kYObabl6 thai a Iransf*rot￿rth￿ bènaffts ba reQ￿red w) Stlty8ff￿1. amoml of oblKJabon Can b& mea9Jred rdigbly. ExpPrKIlu￿ is d¥s5ifpd byxty￿ty. (xEts ole*h **vity tn*J& ￿pOItt￿P tdal of dirp¢twsts ¥t¥J shared rosits. induding suptx)rt(X)sts involved in utKJprtakry eath thty. D￿￿ta)Sts attritxnable to a Sr¥J￿ aGtivity are 311orAted dirttvy 10 th818CtMty. Shaiee costs ¢￿tri>jie ￿ mtye than ￿ gaivrty suprot o)sts n aiiributsbk 10 8 &role *MIy *& aPWM1iwthJ bet￿ tlw ￿l￿tI&% £47 8 c¢Msisiwt wlh ￿e0f tysourc*8. Central stsff costs are akncated b￿S of ume a￿1 deweaknn charge5 are aIknca￿ on pOrt￿n ofthe asset's use. 1.7 Ca$h ¢a$h equivalfynts Cash Cash ewrwalents Ir￿L¥Je cash ￿ harK1. depos.ts W al¢all bar*s. Olhei short.tsrm lirwKJ Inv￿ments with ongnal maturrfies afltrrfee monthsor kn. aid overdrafts. Bar& Dverdrafts are ￿1th￿ bom¥ings In CLJtrenl liabilthe5. 1.8 Financial instruments The charity has decie(I to ap￿Y ￿ prwsKmS of Secbw 11 Eaw"c Finaffaal InstryThents' al￿ Section 12'0ther FinanEial 1nstrur￿ents Ls5ues' of FRS 102 to al of Is 1rthw￿￿ts. Financial instsumgn& ar• in th• tharitys b4arK• sh•st*th•n Ih•charity b•com•s party lo th•cLNnlractu provBb)r6 ef Ihe irwrurrtnt Financial assetsand laknlilKs are offset. *ilh Ihe 3fTK)urrts ￿￿eseT￿ fi[￿[Ki￿ statetn8nts. when ther8 15 a 1Ègalfv enftricÈablÈ n9hl to sei ofF LhÈ wneed *)K¥Jnw there is a) ITh￿ti￿ 10 setUÈ on a net basts orto realL*e 8 asset and seNia Iho Ii¥bl¢y sthmutt•. asic ffnan¢wl •$8ets Bas￿ tinancial assets. indude debt￿5 rash bank ba￿n￿5. ¥e inthally measured at tr￿s￿LI￿n Indudino Iransa¢JM ￿1$ arKI are sthsewertyi*rried * anK*bsed L*tst elfethe ￿te[e51 methtrtl unless e atraweTnWic￿¥l1lutstsa I￿￿1￿. m￿su[￿j ai ts we5WI valL* of rurure receipts Jg¢c4Jnt80 * 8 m8rket Me ￿ Inieresi. Finar¥ièi assws caasstheo asrecthvabk W￿[n ¢Me yearare not amorbs8d. Ba$K I1•b￿lI¥￿$ 8a5ifinanc￿l liabilities. ncluling credrt(Y5 bank kjans are iThti31yTecogTh ￿ att￿saCh0n tx)￿ unle55 Ihe arran9ement t￿*￿1Ut¢S a finantsng the dÈbl Irtsjumeill is mea¥ursd aithe preS￿t vau¢ ofth¢ fvlure paY￿￿1$disc¥)utrtWJ ata matk81 rats of iTrlwe5L Fina￿￿￿ 1thlrf1￿ da￿fi￿d a5 payaLle witFin ye¥are not amornsed. Debt InstrU￿￿lts are sub5eqLEnUy rarrEd alarrKxW rnsL theeffedi¥e interest rate rnel1￿. Trade cr&dit¢KS 8re oNigaiths to or$w￿￿ that have been acqLirèd ￿ the ordinary u)ur&t of OP8raiomg supplet5. knounts payab18 ¢J￿r￿d as lthh"IRs rf pa)Thent is dutr wrthin ontr year or less. If not. they are presented as nOn￿rrern 53blitÈs. Trae uecitors a￿ r￿n￿ed Inrtialty at ￿Sac￿C￿ pri￿ and subsEquenlly rnEasured at att￿￿￿Sed oist tre eife(*¥e nlerest tr￿. Dern¢ognlVon olllnJn¢l•lll•bilth Financkgl IK*1￿8$ are d8r8wN88d ￿en ch8nty8 cortr￿1 are di8tt￿rg￿ or ¢*)c*lW. THE BErrER COFFEE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 30 APRIL ￿25 knGom¢ from *J(￿lon$ and lewl¢s Unrestricted UnrestrictEd hjnds funds 2024 2025 Donalh?rtsaTrJ g•ls C*.750 79.(￿0 Exporndibjre ¢h•riiablo8dvlllas c￿n1¥b Charitabl 0xpenthwr• expondlture 2025 24 Direcicosts Grantfunding oractvitEs {spÈ rth 4) 60.480 76.￿6 Sharg of 5UPPOrt and gov•rnance costs150e note 51 Support 518 7.680 570 2.10D 68.578 78.976 Anatysls by fund Unresirthd hmds 68.678 78.976 Grants payab ¢harfiabl Charltsblo gxpen(*uro expendlture 2025 2024 Grants to InstilulRyis". Olher 60.480 76.￿6 Supptrt Costs a1kn¢81od to xdv5tS•s Chawitable xwditw¢ 2025 Total 2024 Profèssion*J $uttstrptK￿$ Bank thaoes Sundty expenses Govemarte 517 431 25 375 2.1(H) 7.6 THE BErrER COFFEE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 30 APRIL ￿25 Support costs alhxated lo activbtie5 (Continued) 2025 2024 G(wern8n¢¥ ro•ts ¢QIIIPWi80: Independent exaThners fee5 A(rA>untat 2.4 5220 2.100 Net movem•rrt kn fvrK15 2025 2024 The nel rnDvementin slated after thaBJirylluedtirvJl.' Exd*n9e bs$88119aiisl Faes payable lortr* i￿ap¥vj6nI exarrinatth of the chariws fnantsal Stat￿ts 12611 2.41M) Trusts•s Nonèofthe trust£es anypBrsL￿s tonnèthd Ih*nl r**v*l any remuneratth ￿ b8r*fiiS from tharity during the year. The a4rye ThontNy rxjrnber of during IheyearTh" 2025 Nwnber Number Total ThÈrÈ w￿re rn p￿t￿oYeeS a￿￿1 rÈrnurwaiK)nwas Tr￿ Ihan £60.(m. Taxatio The tharity is exenw from tax ￿ 1rKJy￿ g8ir6faliro within $8cboTh￿s of theTax8s Aca 1988 orse¢th)n 252 ¢f Ihe TaxalK)n of Chargeable Gans Act 1992 10 V*extenl thatthe5e appk.ed to its c￿table0bleClS. 10 Debtors 2025 2024 Amounts falllng due wsthln one yw. Oiherdebto Pr*p8ymentsand ac¢rL*d intyj) 13.8Tr) 18. 13.8(X) 19.050 THE BErrER COFFEE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 30 APRIL ￿25 11 ¢rfydltws'. amoynts lalling*knwithin (￿￿Y￿ar 2025 Z024 Tiade cr￿110 Accrua15 and deferred inc(x 5,040 12.720 15.120 17.7 21.*0 12 unr•8trf¢t￿ tur￿1& Tre LwYe5tricted fvnd5 of IhEUnex￿tmI￿l balatKX50fdonaITh￿ gran15 %Yhlch are rK)I subject lo specth¢ by d￿(￿$ and yaniors as k how may te used. These i￿lUde designated funds which have been set aS￿e out of unresrricted fw*$ by IIE Iwstees for p￿￿￿s. At 1 2024 Incoming Rogour¢esAt 30 Awil 2025 expended Gtneraj fuNJs 74 68.7Y) 168,6781 146 Pr•vipu* Pgrf0d= At 1 May 2123 IncomlThg Resource&At 30 Wil 2024 resowc•$ expended Gen￿￿ fU￿S 79.OM> 178.9761 74 13 Rdat•d transacttyyis All donat￿n5 r￿Ved d￿rY9 tre pemd of £68.7￿ {2￿￿￿- £78.IXX)l*we fr￿n Grind Ho￿ing￿Limited The Director5 of Grhd H￿l￿ng$ ￿Me{l are¥boTn￿lees ofThe Batercoffee FWnds￿. Al the pen￿1 end. th8 cfwitywastrwed £13.8LK)12024- £18.LNXlI from GrThJ HrJd*i9s ￿m￿ed. al r8Lqted 10 dO￿lOnS. 10- This document was delivered using electronic communications and authenticated in accordance with ihe registrar's mles relating to electronic fomi, authenticatior and manner of delivery under sectioi) 1072 of the Companies Act ?006.