NATIONAL GROCERS BENEVOLENT FUND

• ◆

  6 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Moore Kingston Smith LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Based on the results of these models and the level of reserves, the Trustees are satisfied that GroceryAid, the charitable organisation, has adequate resources to continue as a going concern.”

Group structure

1. NATIONAL GROCERS BENEVOLENT FUND · parent
   1. GroceryAid Trading Limited 1% · U.K. · undertakes certain fundraising activities to raise money for its parent company

Significant events

• “As part of the execution of this vision, over the past year, we have significantly expanded our reach and capacity to support grocery colleagues in need. This included over 8,500 financial grants, more than 12,300 helpline calls, and around 6,400 counselling sessions.”
• “Financially, the Charity reported a surplus of £4.8 million, mainly due to the grant of funds received from the Tobacco Trade Charity, where we have assumed responsibility for their beneficiaries.”
• “The Charity reported an overall surplus of £4.8 million, positively impacted by the addition of £5.6 million from the Tobacco Trade Charity reserves, which was recognised as restricted funds income.”
• “Income increased significantly, driven by the acquisition of the rights to host the Tesco Glitz Ball, which resulted in a substantial uplift in event contributions.”
• “we increased our welfare expenditure to £8.4 million—representing a 26% year-on-year increase.”
• “In February 2024, the charity received £5.6m from the Tobacco Trade Charity in order for the charity to take on responsibility for annual payments to their beneficiaries ( £5.3m) and supporting anyone working in the Tobacco Industry with the provision of one-off grants ( £0.3m).”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

15

last 12 months

Capital events

0

last 24 months

Officers appointed

5

last 12 months

Officers resigned

6

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +72.3%

  £15,850,964 → £27,306,537

• Cash

  +7%

  £4,208,881 → £4,503,149

• Net assets

  +36%

  £13,218,667 → £17,980,756

• Employees

  +7.5%

  53 → 57

• Operating profit

  +1,631.2%

  £251,559 → £4,355,043

• Profit before tax

  +639.1%

  £644,271 → £4,762,089

• Wages

  +15.2%

  £2,256,834 → £2,599,778

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers