Wholesale Foods PLC is a manufacturer of healthy meals designed for people who do not have much spare time and wish to prepare food quickly. The meals are sold nationally through a number of retail outlets. The business has grown significantly over recent years, progressing from a family private limited company to become a PLC quoted on the stock market in 2010. At that time, a new Chief Executive was appointed in the interests of new shareholders. Over the following period, significant shareholders included some key mutual funds from the city. You were appointed as Financial Director for Wholesale Foods PLC in April 2016, at the start of a new financial year. The impact of Covid-19 and the restrictions placed on people going to work has actually had a positive impact on the company in that people have welcomed access to prepared but healthy meals. The creation of a website through which the public can order these meals and either collect or request delivery has contributed to very strong financial results over the past year. Next month you have been asked to provide a report to the Board of Directors about the financial situation of the company, focusing on a number of areas highlighted recently by your fellow directors over the past few months. You should prepare a report to send to the directors for their consideration so that they are ready for a discussion at the Board meeting next month.