Points

For our 2024/25 financial year, we will not be making a Share of the Profits payment. This means no vouchers will be issued in September 2025 for spending between 28 January 2024 and 25 January 2025.

We know this may be disappointing, but your membership still brings you everyday savings, investment opportunities, and the chance to make a real difference in your community.

Share of the Profits FAQs

What is Share of the Profits?

When you shop with a Midcounties Co-operative business, you earn membership points. At the end of each financial year, we usually share some of our profits with our members by turning those points into a Share of the Profits dividend. The amount shared is decided by members at our Annual or Half Year meetings.

How was my Share of the Profits calculated?

Your points were based on your transactions between 28 January 2024 and 25 January 2025. At our Annual General Meeting in May, members voted not to distribute a payment this year. Your initial £1 membership share has been deducted from that value, along with the first 1,000 points, which go to the Doing Good Together Fund.

What is the Midcounties Co-operative “Doing Good Together Fund”?

The Doing Good Together Fund supports the communities we serve. Up to 1,000 points each year from each member’s balance are donated to the fund, which provides grants to local groups, charities, and initiatives. The fund helps projects that bring people together, support wellbeing, and create positive change. To learn more, visit mid.coop/DGTFund.

What about points earned with other Co-operative Societies?

If you’ve earned a dividend through Central Co-operative or The Co-op Membership Credit Card, we will pass this on to you. We’ll contact you directly before December 2025 with more details.

What happens to the points I earn after 25 January 2025?

Points earned after 25 January 2025 remain on your balance. They are not included in this year’s calculation but will count towards future dividend payments. You can view your points at any time, split by financial year, by logging into your online member dashboard at mid.coop/account.

Why aren’t you paying out Share of the Profits this year?

The Board of Directors recommended no distribution this year, and this was approved by members at the AGM in May. While we understand this may be disappointing, the decision was taken to protect the long-term financial health of your Society and ensure we can continue investing for the future.

Why are you only telling me now?

Share of the Profits is different from loyalty schemes. It’s based on actual profits from the previous financial year, which can only be confirmed after our year-end results have been audited in April. Once results are final, the Board makes a recommendation, and members vote at the AGM. In May 2025, members approved no distribution for this year.

Will my points roll over into next year?

Points from the 2024/25 financial year will not roll over — they have a value of zero this year. Points earned after 25 January 2025 will stay on your account and count towards future dividends. The scheme is designed to reward trade within a specific year, and rolling points forward could reduce the chance of future payments being affordable.

Will you pay out next year?

Our goal is always to share profits with members when possible — we’ve made payments for the last 17 years until now. However, we can’t make promises in advance. The Board will review the 2025/26 financial results next spring, alongside future investment needs, before making a decision.

What’s the incentive to be a member if there’s no payout this year?

Membership is about more than just dividends. Even without a payout this year, you still enjoy a wide range of benefits, including:

• Exclusive savings: Weekly deals and coupons in food stores

• Travel & services discounts: Savings on holidays, insurance, broadband, and childcare

• Community support: Your first 1,000 points go to the Doing Good Together Fund

• Investment opportunities: Invest in the Co-op, earn a return, and have a say in how profits are shared

• Engagement & control: Vote in elections, track your points, and monitor your impact in the Members App

For the full list of benefits, visit our website or check the Your Co-op Members App.