Anglia Farmers turnover up by 11%

Anglia Farmers’ turnover rose by 11% last year to £231m.

In the year to 31 January 2013, the farmer-owned buying group posted a surplus of more than £1.1m, returning more than £1m to members and putting £90,000 in reserves.

During the year Anglia Farmers launched a membership for producers supplying Waitrose and extended its headquarters in Norwich, while membership grew to 2,826.

Straw marketing business AF Biomass recorded a £2.4m turnover.

AF Finance, a peer-to-peer member lending scheme, lent more than £1m to members since its launch in April 2012 returning 5.05% to depositors.