Year in review

Annual report and financial statements 2024

The 2024 Annual report and financial statements can be viewed here.

The Company’s statement by the directors in performance of their statutory duties in accordance with s172(1) Companies Act 2006 can be viewed here.

Chairman's notice

As Chairman, I am responsible for ensuring that the Board upholds high standards of corporate governance and that it operates effectively and efficiently.

Good governance is about the quality of the processes for making and implementing decisions, ensuring that there is an appropriate level of oversight and challenge, a focus on risks, a commitment to transparency and ensuring a culture of continuous improvement.

At PFK there is a commitment to high standards of corporate governance throughout the Company and this is reflected in our governance principles, policies and practices.

We believe that effective governance, not only in the boardroom but right across the business, produces a more cohesive working environment for all of our stakeholders and ultimately supports and enhances long-term performance.

Diversity

PFK believes diversity is much wider than gender. Diversity of thought is also hugely important amongst the Board. By bringing together Non-Executive Directors with diverse backgrounds and experience, we gain enormously from varied perspectives across a range of issues.

How the Board supports strategy

The Board spend a significant portion of its time working together to develop a short & longer term strategy. On leading this year’s Board evaluation it was clear to me that the Directors felt that this strategic review and the continued evolution of the PFK Brand was carried out in a highly effective and collaborative way with appropriate challenge throughout.

Shareholder engagement

The Board regards engagement with stakeholders and investors as fundamental to maintaining an active ongoing dialogue with them and to understand their views.

Andrew Green is the primary contact and will meet or discuss with the Company’s Shareholders or interested parties.

IAN LANCASTER

Chairman

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