1、Annual Report and AccountsFor the year ended 31 March 2014Stock code:RGDA Recipe for Growth Welcome toReal Good FoodA recipe for growth.The Real Good Food Company plc(“the Group”)is a diversified food business,serving a number of market sectors including retail,manufacturing,wholesale,foodservice an
2、d export.The Group is a major distributor of sugar in the UK,and manufactures a wide range of baking ingredients,jams and sweet bakery products.Its portfolio of brands includes Whitworths Sugar,Renshaw and R&W Scott.Investor Proposition Real Good Food seeks to increase shareholder value by investing
3、 in the growth opportunities present in each of its businesses Identifying and prioritising these opportunities,matching market trends with our operational expertise Ensuring all the businesses are market-led Supporting local management with implementation of their growth plansOur new nameWe are pro
4、posing to simplify our name to Real Good Food plc,a name that reflects both what we are known as and what we want to be famous for.ContentsStrategic Report 1Financial and Operational Highlights 2Group at a Glance 4 6Chairmans StatementManagement 7Group Strategy10Sugar Market ReviewDivisional Busines
5、s Reviews12Napier Brown14Renshaw16Real Good Food Europe18R&W Scott20Garrett Ingredients22Haydens Bakery24Corporate Social Responsibility26Finance Directors ReportOur Governance29Board of Directors30Report of the DirectorsOur Financials34Independent Auditors Report35Consolidated Statement of Comprehe
6、nsive Income36Consolidated Statement of Changes in Equity36Company Statement of Changes in Equity37Consolidated Statement of Financial Position38Company Statement of Financial Position39Consolidated Cash Flow Statement40Company Cash Flow Statement41Notes to the Financial Statements75Appendix:Backgro