PLANTLIFE INTERNATIONAL- THE WILD PLAI￿ CONSERVATION
CHARITY
Annual Report and Consolidated Financial Statements
Year Ended 31 March 2024
Company Number: 3166339 (England & Wales)
Charity Number: 1059559 {England & Wales)
Charity Number: SC038951 {Scotlandl

PLAI￿LIFE INTERNATIONAL-THE WI, D PLANT CONSERVATION CHARtrY
Annual Report and Consolldated Flnanclal Statements for the year ended 31 March 2024
Contents
Reference and Administrative Detsils
Trustees, Report
19
Auditorfs Report
23
Consolldated Statement of Financial Activity
25
Consolidated Balance Sheet
26
Charitsble Company Balance Sheet
27
Consolidated Cash Flow Statement
28
Principal Accounting Policies
33
Notes to the Financial Statements

PLANTLIFE INTERNATIONAL-THE WILD PLANT CONSERVAfioN CHARITY
Annual Report and Consolidated Flnanclal Statementsfor the year ended 31 March 2024
Reference and Administrative Details
Presldent
Registered name
Plantlife Internatlonal-The Wild Plant
Philip Mould OBE
Vlce Presldent
Conservation Charltv
Rachel de Thame
Prlnclpal and Re81stered Office
Brewery House, 36 Milford Street, Salisbury.
Wiltshire, SPI 2AP
Chalr
Prof D3vld Hlll CBE
resigned 11 October2023
David Daniels
appointed 11 October2023
Company Number
3166339
Ice Chalr
Dr Tim Stowe
resigned 24 March 2024
Charlty Number (England & Wales)
1059559
Hien Vi Luong
Treasurer
Charlty Number {Scotlandl
SC038951
Ann Rowswell
resigned 27 March 2024
Philip Wilson
oppointed 27 March 2024
Webslte
Other Trustees
www.plantlife.org.uk
Prof Sallie Bailey
oppointed 27 Murch 2024
Twitter
Amy Hammond
@LoveJlants
Patrick James
resigned 17April 2023
Fa<el)ook
James Jansen
@LovePlantlife
Timothyjones
Instagram
plantllfe.loveplants
Dr1111 Kowal
Dr julia Knights
oppointed 27 March 2024
Llnkedln
Hien Vi Luong
Plantlffe International
Anthony Payne
Audltors
Saffery LLP, Mldlané House, 2 Poole Rd, Bournemouth, BH2
SQY
Dr Rosetta Plummer
SallyThomas
Principal bankers
Unity Trust Investment Bank, Nine Brindley Place,
4 Oozells Square, Blrmlngham, Bl 2HB
Chlef Exe¢utlve
Investment managers
Investec, Quayside House, Canal Wharf,
Leeds, LSII SPU
lan Dunn
resigned 30 september 2024
Company Secretary
Nicola Savage
Solldtors
resigned 15 November 2024
CMS Cameron M¢Kenna Nabarro Olswang LLP,
Cannon Place, 78 Cannon Street, London, EC4N 6AF

PLAWTLIFE INTERNATIONAL-THE Wlb D PLANT CONSERVATION CHARirY
Annual Report and Consolidated Flpancial Statements fortheyearended 31 Marth 2024
Trustees, Report
The twstees of Plantllfe Internatlonal present thelr Annual Report for the year @nded 31 March 2024 intluding the Directors,
and Strategic Reports. together with the audited financial statements for the year.
The flnanclal ststements set out on pages 23 to 27 have been prepared in accordante with the accountlng policies set out on
pages 28 to 32 and comply with the charity's Articles of Association, the Companles Act 2006, the Charities and Trustee
Investment Iscotlandl Act 2005, the Charitie5 Accounts (Scotlandl Regulatlon5 2006 las amended) and "Accounting and
Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance
with the Financial Reporting standard applicable in the UK and Republic of Ireland IFR5 1021" la5 amended for accounting
periods commencing from I january 20191.
Structure and charitable objects
Constltutlon
Plantlife International - The Wild Plant Conservation Charity Ihereofter referred to os Plontlife? is constituted as a company
Ilmlted byguarantee, registered in England number 3166339. It is a charity registered with the Charity Commission in England
and Wales under charity number 1059559 and with the Office of the Scottish Charity Regulator under charity number
SC038951.
The trustee5 have no interest in the shares or debentures of the company, nor any right to subscribe for such shares or
debentures. Plantllfè Is governed by its Articles of Assotiation.
Established in 1989, Plantlife is dedlcated to conseThing plants and fungi In their natural habitats and helpin8 people to enjoy
and learn about them.
Charltable Objerts
The objects of Plantlife are set out In Its Articles of Association and are to..
promote and undertake, for the public benefft, the conservation of plants
educate the public so as to increase their knowledge, undeistandlng and appreciation of plants and fungi, and theSr
awareness of their value and the need for their conservation
promote anil undertake, for the public benefit, the establishment and maintenance of places of botanical Interest for
the cultlvatlon and preservation of plants
promote. organlse and vndertake Study and research in the principles and practice of the conservatlon of plants and
fungi and their uses, provided that all the Lsseful results of such research shall be publlshed
promote such othercharitable objectsorcharltable purp05e5 which are conducive tothe aforesald objects, asthe Board
may from time to time in its dlscretion determine.
Plantlife is increasingly aware of the importance of fungi In the delivery of its objects and has therefore Included mention of
fungi in the above.
Subsldlary Companles
At 31 March 2024 the Charity had one subsldS3ry company- Plantlrfe Trading Limited IPTLI. company number 02742265.
Plantlife Trading Limited delivers a range of chargeable servSces and non-core actlvltles, always with the furtheran￿ of
Plantlrfe's mlsslon at its heart. P05tyear end. on 3rd April 2024, the charlty registered a second SLsbsidiary company- Plantlife
Biodiversity Enhancements Limited IPBELI, to further our biodiversity enhancement ￿￿tiTICatIon and accreditation buslness.
Both businesses are wholly owned subsidiaries of Plantlife and abide by Plantlrfe's pollcles and pr0￿dureS. The work of each

PLANTLIFE INTERNATIONAL-THE WILD PLANT CONSERVATION CHARITY
Annual Report and Consolidated Finan¢i81 Ststements forthe year ended 31 March 2024
subsidiary is overseen by separate boards of directors which are accountable to their shareholdei - Plantlife with day-to-
day wnanagement (Jelegated to the managir)g director of each buslness.
Publlc Benefit
The trustees confirm that they have given due regard to the Charity Commission's guidance on public benefit and have
considered how our aims and activities demonstrate this, in fulfilling our charitable objects. Plantlife provide5 multiple
benefits for the public which are wide-ranging and long-lastin& including=
Free access to all of our nature reserve5 acr055 the UK
Influen¢in8 policy and pollticians for the benefit of a heafthier natural world
Campaigning for positive change.. No Mow May, road verge management, removing peat from commercial use,
redtscing nltrogen pollutlon In our rivers and on land
Botanical training courses and engagement opportunities
Public speaking and lecture series
Broad communications on plant5 and fungi acr055 many media platforms
Enabling partner organisations to be as effective as possible in plant and fungi conservation
Speakin8 up for plants and fun81
Grant making
Grants may be awarded as part of larger partnership projects where Plantlife is the catalyst and enabler, bringing together
partles to providè a grèater positive impact on nature than could be achieved independently.
Custodlan Trusteeship
No assets were held as custodian trustee durlng thls reporting period or any other.
Governance and management
The direttors of the company, who a￿ the charity trustees, form the Board of Plantlife which is the governing body for the
organisation.
Appointment and Induttion of Trustees
The directors (who are also referred to a5 board members and trustees) are elected for a maxlmum seven-year term, with an
initial period of four years followed by a possible reappointment for a further three years. Board members who stand down
after their initial period of appointment en(Is are eligible for re-election unless they have served two successive periods, in
which case they can only be re-elected 35 a trustee in exceptional circumstances. They may be re-elected as Chair, Wice Chair
or Treasurer. Board members elect the Chair, Vice-chair and Treasurer, at their next meetlng following the AGM.
New trustees are recruited in accordance with the ly)ard member recruitment pollcy, which aims to promote open and
incluswe recruitment and identifies the attribLrtes, skills and expertise looked for in potential trustees. The policy works in
tandem with the procedure for nomination of new member5 to the Board. Trustee vacancies are advertised widely in public
environmentsl and charitable arenas. Applicants are shortli5ted for interview by the Chair and two other trustees, and those
chosen as a result of the interview process are appointed after receipt of 53tisfactory references. This enables the suitabtlity
of potential trustees to be assessed with reference to the particular skills needed at that point in time and ensures that they
understand the role of board member before final confirmation of their nomination is made.

PLANTUFE INTERWATIONAL-THE WILD PLAIU CONSERVATION CHARtrY
Annual Report and Consolidated Finan¢lal Statements for the year 31 Mar¢h 2024
Once elected, new trustees follow a formal induction PTOEramme, including meeting the members of the staff team. New
trustees also receive an introduction on becoming a charity trustee and company director. Twstees are provlded regularly
with internal and external information relevant to charity law and governance. In addltlon, the Board aims to identify
knowledge gaps through a regular skllls audlt alongside Its annual performBt)ce review process.
The Worklng of the Board and Its Commlttees
Trustees are responsible for the proper governance of the Charity and determine the strategy and policy to be undertaken in
accordan￿ with the objective5 as stated in the Article5 of Association. They seek to achieve the objective5 whilst atthe same
time ensuring thatthe Charity is not exposed to undue risk. The Charity's risk management strategy includes the procedure5
and actions required to mitigate the risks identrFied. The risk management strategy is reviewed regularly by the Board. Our
trustees all give their time voluntsrily.
The Charity has a Finance and General Purposes Committee IF&GPI, chaired by the Treasurer wlth three other Board
members, and attended by the Chief Executive and other key members of staff. Committee members are appointed by the
Board. The Committee meets quarterly to monltor and provide advice on financl31 and operational i55ues. to monltor the
internal controls of the Charity and to ensure regular reportingtothe Boartl. The Committee also fulfils some of the functions
requlred under the procedure for the nominatlon of new members of the Board.
The Board delegates the day-to-day runnlng of the Charity to the Chief Executlve. who is supported by the staff team and the
volunteers. The Chief Executive providesthe Board with an operational report four times a year and between Board meetings
works closely with the Chalr and OfFicers on matters of governance and strategic issues. The Chlef Executive works with the
members of the Senior Management Team ISMTI and other members of staff to oversee the implementation of Plantlife's
strategies and policies. The members of the SMT during the year were..
lan Dunn
Chlef Executive Iresigned 30 September2024)
Nicola Hutchinson
Dirertorof Conservation
Dirertorof Fin(7nce & Operations (re5igned27June 2024)
Dirertorof FundraNsing & Marketing
Nicola Savage
Wickie Wood
Peter Dorans
Dirertor of Busine55 Development
The director5 consider that the key management personnel of the Charity include the Board of directors, who are a150 the
charity trustees. No director received any remuneration in the year. Details of directors. expenses are disclosed in note 32
to the account5. The other key management personnel are the SMT. The pay of the SMT is detemiined according to the pay
and remuneration policy, whlch alms to provide approprlate incentives to encourage enhanced performance and to reward
staff fairly and responslbly for their individual contrlbution5 to Plantllfe's succe55. Pay revlews aim to match increases in the
cost of Ilving and to keep step wlth others in the sector by benchmarking against pay levels In similar tonservation
organisations. Any pay Increa5e5 are agreèd by the Chief Executive and the directors.

PLANTUFE INTERNATIONAL-THE WILD PLANT CONSERVATION CHARITY
Annu41 Report and Consolidated Finah¢ial Ststements for the year ended 31 March 2024
Mission andstmtegy
Mtsslon Statement
Our mission is to secure a world rich in plants and fungi. Underpinnlng the health of our environment, wild plants and fungi
are the foundations upon which we can help resolve the cllmate, ecologlcal and societsl challenges we face.
Strategy to 2030
Plantlrfe recognlses that we face three urgent challenges in the coming decade.. a .' ecological .
climate crisis, alongside an ecological and societal one. We have put the planet on
erisis
a path to a warmer world. We continue to destroy diversity in our plant. fun81 and
animal kingdoms. Onlythree per cent of the UK'S meèdows survive compared with
their area less than a century ago. We have lost our connection with nature and
its power to sustain mental and physical wellbeing.
s￿letaI
trisi
plant$.and.!ungi
IknDtPQkitiFe.
¢hwiR•
ellmate
The global response to the Covid-19 pandemic ha5 shown what society 15 capable
of when faced with a major disruptive threat. As existential threats. climate
change and biodiversity loss are even more Serious to humankind. They will make
Ilvlng on our ptanet ever more challenging to our populations and to us as indlviduals, unless we take radlcal actlon now.
Plarbtlife is a cutting-edge, innovative conservation charity with a track record of success. Across arable farmland, heathland,
coastsl dunes, anclent woodlands, grasslands and wetlands, we are drlvlng ￿eat galns for nature. From the open spaces of
our nature reserves to the corrldors of governments. Plantlife woths nationally and internationally to raise the profile of wild
plants and fungi, to celebrate their beauty and to protect thelr future.
Plants are now showing us the Impact of a warmlng world and they are a warning that all is not well. Plants and fungi can
also help us to put this right and we cart help them by restorin8 the habitats that were commonplace for generations before
us.
Plantllfe has a unique opportunity to encourage people everywhere to be part of the solutlon. We know how to protetL
restore and strengthen specles and habitèts. By working in partnership with those who care for our countryside, those who
farm the land, re-wild it, those who are protectin8 our wonderful landscapes, building new homes and designing new cities,
we can help to re-balance our world. We can help us all be part of the solution and we all need tts be 50.
Together we can re-build a healthy natur31 world, and our relationship within it, to underpin the future of our economy and
society. This will be the focu5 of Plantlife's work in the coming decade- plants and fungi are central to doing so.
In this strategy period Plantlife will..
Protect and restore the diversity of wild plants and fungi to enhance our countryside, towns and cities.
Connect people wlth nature to improve wellbeing and inspire action to save species and their habitats.
Work in partner5hip5 SO that all people and all sectors of society can contribute to tackling the climate and nature
crisis we face.
Collaborate and Influence on the world stage to empower societies across the globe to help protect plants and
n81.
Successful delivery of this 5trate8y will lead to a world full of colour. beauty and life- from inner Clties to our wildest places.
Plants. and the animals that depend on them, will thrive and be connected in every way posslble.

PLANTLIFE INTERNATIONAL-THEWILD PLANT CONSERVATION CHARITY
Annual Report and Consolidated Financial 5tatementsfoTthtyearended 31 Marth 2024
Achievements andperfom?ance
2023124 was another super year for Plantlife, with our stsff, volunteers and partners delivering amazing conservation
outcomes ranging from protecting individual species at risk, landscape scale tonseNation and green finance developments
throlsgh to advocacy on the world stage. Progress continues to be made under each of our strateglc prS0rity area5.
Protert and restore
Plantlife was the benefici3ryof a number of major newgrantand projectawards. whilst atthe same time wmpleting projects
Coming to thè end of their fundlng. Large scale, multl partner piojects such as Natur am Bythl in Wales and Species on the
Edge in Scotland each progressed well with staff in place and Ileliverln8 prolect OLrtcomes. We maintained our focus on both
grasslands- as we continued to develop our wide-ranging Grasslands Artion Plan, and on temperate rainforests- where we
continueto bullil our advlsor network. Acrossthe UK's western seaboard from Scotland, Wales and the south-west of England
we are seeing greater retognltion and protection for this globally rare habitst. Work contlnued apace on protecting our
peatlands where the application for UNESCO World Heritage Ststus for Scotland's Flow Country tontinues to progress.
Against a target of working on ICNJ threatened plant specles this year we are actively working to conserve 84 identified as
most ¢rItI￿1. Finally, we were able to add a 24th nature rèsÈrve to our portfolio with the assimilation of The Woodmeadow
Trust into Plantlife, thereby Continuing the protectlon and restoration of Three Hagges Woodmeadow in Yorkshire.
Connert people with nature
No Mow May tontinues to be embraced across the UK and internationally as a way for everyone to do something for nature
by leaving their mower In the shed for the month of May. It is particularly encouraging to see that uncut green spaces atthi5
very important early part of the growing anil polllnatlon season are becoming the norm. There continued to be extensive
engagement is our citizen science programmes- suNeylng Waxcaps and the Natlonal Plant Monitoring Scheme. We were
particularly delighted with the success of our very first Artist in Residence programme with the stunning work of Iris Hill
culmlnating in a central London exhibition. Our membership grew by over 5,(K)0 th55 year and now stands comfortably above
20,(KJO. We continued to enhance our Welsh langua8e capability with 40% of our 10 stsff in Wales having some degree of
Welsh fluency, and one of our trustees has Welsh as thelr first language. Our new strategy for Wales identifies strengthened
communications in Welsh as a key component of Connectlng wlth local communities.
Work In partnershlps
We deliver much of our impact through our partnership and enabling work. Our existin8 partnershlps include all the maln
envlronmental and conservation NGOS In the UK and in this financial year we have strengthened our relationships wlth the
corporate sector anil private landowners. We completed our work building the evidence base for the wider benefits of
grasslands,. their economics, carbon capture, water and biodiversity value. Given so muth of the UK is managed grassland of
one klnd or another we feel these habltsts are undervalued and under-recognised across a whole range of strategic
opportunltles. We are working to address thls from the an8les of food security, enriched blodlversity, soil and fungi health,
cultural importance and 8reen finance opportunities. As a member of Rethink Noture - a collaboration of seven species
focused conservatlon organisations- and the varlousenvironment Link consortia in England. Wales and Scotland. we are able
to amplify our influence and conservation impact. We were delighted to be selected as a key dellvery partner of Natlonal
Hlghways for biodiversity enhancement projects and have established locations across the UK for this undertakin&
4. Collaborate and Influence
Plantlife has been active this year in mU￿1ple areas, from nitrogen pollution through to nature friendly farmlng and engaging
wlth the new land management laws. Plantlife 15 instrumentsl In promoting and enabling the Global Partnership for Plant
ConseNation and alongslde partner organisations Is developing complimentary action5 for plant conservation as part of the

PLANTUFE INTERNATIONAL-THE WILD CONSERVATION CHARrrY
Annual Report artd Consolldated Flnanclal Ststements for the year ended 31 March 2024
Global Biodiversity Framework. 22 identifled plant actlons will be proposed to COP 16 in October 2024 for adoption by
signatories. We further strengthened both our policyteam and our international team in the year allowing us to increase our
promotion of Important Plant Areas IIPA'S) around the world. with over SO countries now either protecting or In the process
of identsfylng thelr IPAS.
call￿n, dlmatewrelated Issues and sustalnablllty
Plantlife recognises the importance of reducin8 and ideally removing greenhouse gas emissions from its activities at all sites
across the UK. We are endeavouring to understsnd and monitor our scope 1, 2 and 3 emisslons and put a plan in pla￿ to
reduce as much as possible emissions from all of these sources. We belleve that a Carbon Net Zero pollcy which aims to avoid
addlng carbon to the atmosphere Is of greater Importan￿ than a Carbon Neutral policy that simply pays to offset emissions.
We are identifying our carbon emitting activities and are reporting on these annu311y. Our measured carbon emissions under
scope$ 1, 2 and 3 of the Greenhouse Gas Protocol are..
2023124
2022123
202V22
Scope l & 2 emlsslons
28.01 tonnes
18.38 tonnes
9.81 tonnes
Scope 3 emissions Ipartiall
92.79 tonnes
180.92 tonnes
43.66 tonnes
Intenslty metrlc IC02e per staff FTEI
384 kg
317 kg
182 kg
The chart Ibelowl shows our performance over tlme. Note the year$ 2019 to 2021 were impacted by covid operatin8
conditlons. We be8an measuring scope 3 emissions in the year 2021122, challenging ourselves to Increase the range of
categories measured annually.
Items measured wlthln each scope comprtse
S¢ope Me?SUfed
Fuel-. Petrol
Carbon Emissions per annum
200
180
Fuel.. Diesela
160
Fuel.. Other.
Electricity.
ElertricltyT&D
Papèr
Business Travel Carp
120
loo
30
60
40
Business Travel- Publlc Transport
BusinessTrdvel-AlrP
20
2019120 2020121 2021122 2022123 2023124
Contractor/Projetts- DieselT
Outsourced data storage
Homeworking
¥Fuel
Bu5illES5 TRvel
kl Electsidty
Other
•HomebwJrkn¥
Contr•rtor diesel
ote.. Includedln cokulotloJ)slromywr
,' 2019/20 F.. 202y22 p.'2022ft3
In order to better progress our performar)ce we are investing in a new staff post who, amongst other responsibilities. will be
tsske(I with leading the development and Implementatlon of Plantlife's tarbon footprint reduction programme and
championlng sustainabillty across the organisation. Working with colleagues across the charity, the incumbent will develop
a programme that enables us to meet our chaiitable objectiveswhilst using the most sustsinable method5 of operation. This
will better enable us to keep up to date with best practice and new innovations in sustainability, whilst providing support and
advice to colleagues in respect of purchasing methods, policies, Pro￿sseS and best practices. ensuring we obtsin thè least
environmentslly hamiful solutions for our needs.
The achievement of positive impact at scale on the diversity and health of the UK'S plant and fungi populations necessarily
requires the presen￿ of people and equipment on project sites across the country. The only praetieal mode5 of transport to

PLANTLIFE INTÉRNATIONAL-TrIE WILD PLANT CONSERVATION CHARITY
Annual Report and Cottsolidated Finan¢ial StstemÈnts forthe year ended 31 Mar¢h 2024
reach these often remote locations are cars and van5. We remain committed to implementlng alternatlve solutions as and
when they become vlable, and remaln alertto new options forthe provision of less impactful vehicles for use in our work. We
are carefully tonsideringthe sustainability of alternatives such as battery operated vehicles, taking into accountthe sourclng
of raw materials, production methods, end of Ilfe solLrtlons and impact on accessibility of sites before implementlng changes.
Our responsible purchasing policy seeks to source the purchase of goods and services that minimise negative and enhance
positive impacts on the environment and soclety whilst meeting our operational requirements. By Incorporating social,
envlronmentsl and ethlcal considerations into purchasing decisions we èndeavour to make a positive contribution to the
environment and society.
Income Generation
Our income generation strategy is based on diversification of income sources to manage risk whilst maximizing income.
Grants. individual givin& legacie5 and trusts provide most of our income. with other sources making contributions. These
include businesses, merchandise. consultsncy, advertisin& nature reserve rents and tenancies and community fundraising.
Investment income, including dividend5 interest. is earned through holding a55ets for investment purpose5. Whi15t we
wish to maintain and grow all our income streams. our strategy is to rnvest in those where we see the best combination of
growth potential, sustainable unrestricted income and sufficient return on investment.
Major grant givers, trusts an(1 foundations have funded a considerable amount of plant and fungi conserv*ion this year. We
are very grateful for the 5UPPOrt of The Natlonal Lottery Heritage Fund, the Esmée Fairbairn Foundation, Natural England,
the Welsh Government, Natural Resources Wales, NatureScoL and many others. We know that many of these fvnders and
partners have increasing demands on thelr support, w we are grateful to them for trusting us to deliver great proletts with
high impact.
The vast majority of our conseryation work is done in partnershlp wlth other organi5ations and Individuals. We provide our
expertise and work with them to implement actSon on the ground. The expendlture and associated income on these projects
are often reflected in their accounts, not Plantlife's. so turnover alone is not an accurate measure of impact. We are very
grateful to the many organisations who have ca¥rled out plant conservation actlvltles with us this year.
We would not be able to carry Olrt our work without the help of thousands of Indlviduals. Their donations fund our core
work, and we are immensely grateful to everyone who helps us achieve such a major posltlve impact on plant conservation.
Our Peoplè
None of thiswork would be possible without our farttastic staff, volunteers and trustees. The variety of skills and expertise
they possess is amazing
we have botsnical experts across a raft of specialisms, professionals in finance. HR,
communications and advocacy and expert administrators, all meaning we can make the best possible use of our funding
and resources. Plantlife 15 extremely proud of all it5 people.
Staffing
Staff operate within a departmental structure, comprising COnse￿atiOn,. Communications, Engagement and Income
Generation,. and Finance and Operations. The majority of our staff are out-posted in variou5 locations around the UK. with
the remainder operating wtth hybrid working arrangements through our head office in Salisbury.
2023124 was a year of growth in staff number5- Wlth a total headcount of 95 at March 2024 compared to 71 in March
2023 and 34 new starters duringthe year. We were pleased to re￿1ve a high volume of qualityapplication5 forthe majority
of our posts and have 5ucce55fully inducted those 5electeil to become members of 5tsff into the team. Key HR indicators
Including absence and staff turnover are regularly monitored by the senior management team and trustees, with both
fi8ures remalnlng lower than sertor average throughout the year. During the year 11 people moved on to other
opportunitie5.

PLANTUFE INTERNATIONAL-THE WILD PLANT CONSERVATION CHARITY
Annu31 Report and Consolldated Financial Ststements for the year ended 31 Marc4 2024
Volunteers
The generous contrlbutlon of volunteers supporting our conservation, plant suNeys, awareness raisin& and business
activititrs is instrumental In enabling the achievement of our conservation targets. Thls year our volunteers provided 2,844
days of support- when costed lat £450 per dayfor professional level support, £250 per day for skllled and £100 per day for
unskllledl this is the equivalent of £676,585 worth of contributions.
Ethnicity. Diversity, Inclusion and Belonging
We recognise that the conservatign sector i5 one of the least diverse in the UK and we are committed to delivering inclusive
approache5 and equality in our work so that a greater diversity of people can play a role in the conservation of wild plants
and fungi. We have appointed a senior lead within Plantlife and this work is overseen by a champion Trustee and outlined
in the Equality, Diversity and Inclusion Policy Statement. In the past year we have continued to improve approaches to
recruitment, data in5ight5 to drive actions and secured funding from the National Lottery Heritage Fund to support stsff
training.
Health & Safety
Plantlife operates a Health & Safety IH&SI Committee, comprising 7 representatives from across the organisation and
haired by a member of SMT. The commlttee meets formally on a quarterly basls and has a remit to Produ￿ and maintain
policie5 and codes of prartice, address any matters that arlse in day-to-day H&5 working practices, raise issue5 and
concerns on behalf of all staff and promote a positive health, safety and welfare culture throughout Plantlife. The
committee report re8ularly to the SMT arbd board of trustees, one of whom is assigned special responsibility for H&S
matters.
The trustees would Ilke to thank all staff and volunteers for their hard work and dedication throughoLrt the year.
Plantlife Trndin8 Limlted IPTLI
Our paid for services are delivered through PTL. PTL works on commercial terms with landowners, land managers and
others with influence over how land is utilised to help them place the abundance and diversity tsf native plants and fungi
at the heart of restoration. creation and management of natural spaces to deliver measurable conservation 0￿COMes. All
PTLwork is Irti55ion led working to enable other5 to deliver on Plantlife's mission and providing services which ale always
complementary to our core charitable work. This extension to the Plantlite portFolio helps us address the scale and speed
at which improvements to biodiversity need to be made.
Plantlrfe Biodiverslty Enhancements Llmited {PBELI
After the end of the financial year a second subsidiary company - PBEL was established to further our biodiverslty
enhancement certSfication and accreditation buslness. Plantlife wa5 Successful in achievlng UK Intellectual Property Office
approval for a new standard for biodiversity improvement and associated Intellectual property. Work will now commence
leading to proposed launch of a new range of business activities Ilnked to delivering plant and fungi conservation across a
much wider area of land and with a broad variety of partners.
10

PLANTLIFE INTERNATIONAL-THE WILD PLANT CONSERVATION CHARtrY
Annual Report and Consolldated Flnanclal Ststements for the year ended 31 March 2024
Flnondol revlew
Results for the Year
on￿ again Plantlife enjoyed a 5ucce55ful year, generating increased amounts of Income which will enable Ft to expand its
impact for the benefit of wild plants and fungi now and In the futu￿. Our total funds have increased wlth the malorlty
restrlcted for use dlrectly on the conservation and improvement in biodiversity of a wlde varlety of Smportant plant habitats.
Byjolning forces wlth others we have ensured our moneyi influence and impact has a wlder reach than we alone could effect.
Income
We have been extremely ple35ed to see ourtotal income morethan double to £11.3m
this year {202¥23.. £5.5m).
Wh•ro our Income came from
Thls y¥8r. Total i￿orn• £11.3m
The biodiversity enhancement programme funded by National Highway5 contributed
£5.7m of restricted incDme this year. We are particularly pleased that the long term
naturè of thi5 fundin￿ will enable us to maintain our involvement with the
enhancement programmes over the next 15 years. Working on our own reserves and
In partnership with other landowners, we will Implement management plan5 that aim
to achieve considerable long term improvements to the blodlversity on that land.
The remain(ier of our conseNation project income fell sllghtly to £1,687k12022/23.'
£1,925kJ becauseof the varied completlon cycleswithin the project portfolio. Theyear
saw two of our meadow making prolerts draw to a successful close. continuation of
our major integrated 5peties recovery partnership projects Notur om Byth funded bv
Natural Resources Wales and Specles on the Edge funded by Naturescot, whilst new
projects fvnded by the Natlonal Lottery Heritsge Fund enabling work withln
temperate ralnforests are lust beginning.
IvConsthv¥*)nAththes £7.4
•[*)￿￿0￿0 £2.4
M*rb*shi)
£1.2 rniu
£02 rril
£0.1 nll
•Oil*rTradnqAth
Total income from donatlons and legacies increased by 61% to £2,362k 12022/23..
£1,469kJ. Legacles, Indlvidual donations and new corporate partnerships all contrlbuted to this Int￿a$e. together with a one-
off ijonatlon of £72k received from the Woodmeadow Trust as they donated all their assets to Plantlife to enable us to
continue thelr work relating to woodmeadow habltsts and run the Three Hagges nature reserve.
In ￿spOnSe to the changing funding environment, Plantlffe is altering its approach to funding solutions by developing a
programme leadership plan. Programmes covering our prioilty habitats- currently grasslands, temperate ralnforests and
species-are beingdeveloped and fundingsoughtfrom 3varietyof organisationstofinance longerterm, more comprehensfve
ton5ervation programmes within these habita￿ This approach has al￿adY altered the balance of funding we are receivin&
as we successfully develop partnerships with a range of trusts and foundations willing to collaborate within this new
proFJamme strurture, augmenting funding received from statutory fvndinE bodies.
The growth in our membership base continues. with a year on year increase in member number5 of 29%. Income from
memberships stands at f I,187k12023/23.' £834k}, and our growing supporter base augment5 our mission in a variety of ways
beyond financial contributions. including taking part in learning opportunities and undertaking practical conservation action
at a local level.
Funding received in advance in respert of the biodiverslty enhancement programme ha5 been invested in interest bearing
deposit accounts increasing our interest earnings in the year. whilst income earned from our listed investments remained
steady at £89k {2022/23.. £70k).
11

PLANTUFE INTERNATIONAL- THE WILD PLANT CONSERVATION CHARITY
Annual Report ond Consolldated Financial StstemÈnts forthe year ended 31 March 2024
Experndl￿re
The majority of our expenditure was once agaln tsrgeted directly to our
conservation worL Thls year we spent £6,859k on our varlous
conseNatlon projects, up from £3,152k last year. Progress contlnued in
our work with our priority habitats of 8rasslands an(1 specles. and new
funding has enabled us to begin more comprehenslve work in temperate
rainforests and with the mysterious world of fungi. Further grants were
made under the biodiversity enhancement programme, enabling more
third party landowners to participate in the programme and adding over
100 hectare5 of grassland to the scheme.
Howwg 8pgrrt ourfunds
This year.. Total e¥ponditW¢ £9.15m
Expenditure on engagement and education has remained steady at
£1,118k, (2022/23.. £1.095kJ. Our ongoing campaigns in relation to the
promotion of grassland and temperate rainforests continue alongside that
against the extraction of peat, and we have invested in our science team,
who are developing new engagement plans and opportunities with a
variety of stskeholders.
tonserv4t￿n artivili85
•P￿DpIeen¥g￿Tr￿hl education •ThdhJembeFShp £1.12 mIl￿n
•Rdisir¢gdonèt￿nS3nd leqac
£i.N milll
•lnve51mentrn3na8PtnentCD5ts
•Otherexpendrture
6.86
È0.02
EO.11 mdlioTr
The cost of rai5in8 donations and legacies has Increased to £1,041k
(2022/23.. £644k}. Thls increase is a result of the addltlonal costs assoclatsd wlth setvl¢lng a much larger supporter base, and
we continue to invest Surplus unrestricted fund5 In the recruitment of new members.
Expenditure on support and governance costs Is £1,084k, an increase of £409k slnce last year. Thls year's flgure Includes the
employment costs of all SMT members, asthey now undertake roleswhich are much wider acrossthe organlsatlon and better
fit within this category. Pro-bono legal advlce wlth a value of £124k {2022/23.- nil) was received this yeaf, also recognised as
a donation. As the charity grows. the cost5 incurred in maintsinlng a robust support system and ensurln8 all admlnlstrative
and governance requirements are met increases, a responsibility the trustees are mindful that they must assume whllst
striving to maxlmlse the amount available for expenditure directty on the furtherance of the charitrfs objectives.
In¥esknents
Improvements in the health of the investment markets has resutted In a net galn in the value of our investments when
measured at 31 March 2024 compared to their value at 31 March 2023. The total value of our portfollo stood at £4.080k on
31 March 2024. During the year we Invested a further £450k into our unrestricted fund. being a portion of the athiance
funding for the biodiversity enhan￿rnent programme that will not be required for at least 5 year5. The (apital growth on
our funds in the year totalled £227k12022123: fall of £189kl. Performance of both our restricted and unrestricted portfolios
durinB the year ended positively, however tricky market conditions were experienced especially during the first 6 months of
the year. The time-weighted total return pèrformance of the funds for the 12 month5 to 31 March 2024 stand at 8.37% for
the restricted fund and 7.53% for the unrestricted. These are behind the adjLtrSted benchmarks for the year of 10.75% and
10.48% respectively. Portfolio returns in the mediLEm tem) are in line with comparable benchmarks. and both are
incrementally narrowing the gap against RPI created over the past two years.
Flnanclal Reserves
In addition to our endowment funds, our total charitable funds comprise both restrlcted and unrestricted reserve&
At 31 March 2024 our restricted fund5 totslled £5,772k12023.' £2,944kJ. Thesefunds include the £1.4m purchase price of our
herltage assets (nature reserves), a restricted reseNe which represents In¢ome already received and used to purchase assets
which are shown on the balance sheet, together wlth any other restricted funds in hand at the year-end such as those for
projects, appeals and leBacies which are legally ￿$trIcted to certain projects or activities.
12

PUINTLIFE INTERNATIONAL- THE WILD PLANT CONSERVATION CHARITY
Annual Report and Consolidated Flr.anclal Ststements for the year ended 31 m.arch 2024
The unrestricted funds of the charity amount to £2,554k (2023.- £3,167kl. Some of these funds have been set aside by the
trustees for specific purp05e5 to help Plantlife increase its resilience and lay the foundations for future growth. This includes
a fund of £335k for the development of our support systems and capabilities including the ongoing Strengthenlng our IT
systems and ¢apability and development of our brand platfonn. £SOk has been allocated to begin investigations into green
financing antl its potential to contribute to the achievement of Plantllfe's strategic goals. A revaluation reserve of £122k Is
retained in relation to listed investments. The general reserve Is being utilised in a controlled manner in fvrtherance of our
strategic objectives and wlll continue to do so over the upcoming years- enabling the achievement of conservation targets,
whblst ensuring we retsin the levels gf free cash reserves required by our reserve holdlng policy.
Fundraising and our commltment to supporters
The Board of Trustees en5UTes that ourfundraising complies with legal and regulatory requirements and 15 guided by our core
values and mission.
Fundraising
or any fundraising undertaken on our behalf
is monitored to ensure it is honest, transparent, and
respectFul. We are members of the Fundraising Regulator and ensure all our activity Is carried out in line with the Code of
Fundraising Practice, charity law, and all relev3t)t legislation including the General Data Protection Regulation5 and Privacy
and Electronic Communications Regulations. All those undertaking fundraising for Plantlife receive tralnlng and support to
ensure we have the correct processes and procedures in place.
We rely on generous donationsfrom all our supporters and funders and undertake a range of fundraising activitiesto support
our work in securing a world rich in plants and fungl. This includes building our membership base through regular 3n(l one-
off donatlons. appeals, events, legacy giving and challenges in sUPPOrt of Plantlife alongside the sale of merchandise. We also
Fnake applications to trusts, foundations and statutory donors for funds for specific project5. We recelve ongoing support
from 36 corporate partnerships, including commercial partners that generate donation5 from the sale of their products.
In 2023124 we used a professional fundr8lslng agenry to undertake membershlp recruitment on our behalf by attending
events with Plantlife stands across the country and talking to the public abotjt membership. We caTry Out regular training
wlth these fundrai5er5 and undertske close revlews of this activity to ensure compllance. The agency 1$ also a member of the
Fundraising Regulator and the Chartered Institute of FundraisÉng.
We take any complaint about fundraising and supporter feedback very seriously and make Sure we record thls and feed it
into ways to Improve our work. Over the past year we recelved 22 complaints from our dlrect and agenLy led fundraising
activity which were investlgated and resofved, and no remov81 requests from the Fundraising Preference Service from
thousands of fundraising communlcations acr055 a range of channels.
We periodically review our policies, procedures and guidance in line with the Supporter Promlse. Our Vulnerable Persons
policy and process directs our approach to people who maybe in vulnerable circumstance5, need additional support to make
an informed decision or rnight not have the capacity to make the decision to donate. Read more about our approach at
www.plantlife.org.uk
Whenever we undertake new fundraising activity, we consider any risks and put in place mitigation measures. We really
appreciate the support we receive and are committed to maintaining high stsndards of fundraising and supporter care.
Investment polltv
The charity's governing document enables it to Invest moneys not Immedi3tely required for Its purposes in or upon such
investments, securities or property as may be thought fit. Any such Investments are governed by Plantlife's investment policv,
whlch takes into account income requlrements, the risk profile and the fund manager's view of the market prospects in the
medium term. Plantlife Is also comrnitted to incorporating social. envlronmental and ethlcal considerations into its
investment declslons. The trustees are therefore mindful of the need to balance investment performance wlth our social and
envlronmental responsibilities.
13

PLANTLIFE INTERNATIONAL-THE WILD PLANT CONSERVATION CHARrTY
Annual Report and Consolidated Flnanclal Ststements forthè year ended 31 March 2024
We encourage our investment managers to=
seek to understsnd the ESG and ethical policies of the companles in which investments are made;
consider ESG and ethical policies, partlcularly In relation to climate change and biodlverslty loss. when evaluating
companies for investment;
encouf38e theorganisations in which they investto adoptand pursuesociallyand environmentally responsible business
practites and good governance. and
exercise the riEhtto vote in respect of their holdings, taking ESG and ethical considerations into atcount as appropriate.
We will not invest in companies whose acttvities have a detrimental impact on the environment and our policy is to invest
only in companies with an -above average" environmental rating. This means we will not invest in fossil fuels or the mining
sector and will avoid those companies involved in the most carbon intensive industries or those who contribute to
deforestation or water pollution. This poliry is reviewed biennially by the trustees.
Management of our investment assets is reviewed and offered for tender every three years and is currently undertaken by
Inve5tec Wealth & Investment Ltd. Reports on the performance are provided quarterly and are reviewed at meeting5 With
the fund manager which are held on a six-monthly basis with the Finance and General Purposes Committee.
Trustees apply a totlylretum appro(Jch in respectof the endowment fund using powers granted bythe Charities (Total Return)
Regulations 2013 made under Section 104A of the Charities Act 2011. Thi5 wa5 adopteil In 2017 after tsking legal and
investment advice.
Under thls policy. trustee5 will draw both income and capital growth gained from investment of the en(lowment to be used
to further charltable objectives, whilst at the same tlme maintsining the real value of the relevant permanent endowments
Ibeing £1,700k at the time of adopting the total return approach) so that it can continue to provide for future beneficiaries.
AccumLslated returns in excess of this value form a funij from which the Charity may draw from time to time to fuither its
charitsble objectives. This unapplied total return was estsblished at £712k on the date of the resolution. Trustees will revlew
any such dlstribution from time to time and adjust funds being drawn as necessary to tske account of prevalllng rates of
investment return, in order to safeguard the endowment and its long-term returns whilst accepting medlum-teim
fluttuations in value.
The movements in unapplied total return are shown in note 5 to the accounts. This yeai the Charity did not transfer anv
monies into unrestricted funds12023.' £nllJ. At 31 March 2024 the endowment funds of £2,838k were In excess of the value
of the permanent endowment for investment and the unapplied totsl return.
The overall aim of our investment policy is to maximise the amount that can be spent on charitable activities from In¢ome
and medium-term tapital growth whilst proted(ing the original value of the permanent endowment that forms part of the
fund for the future. Our current portFolio aims to yield 3 percentage points above CPI from combined income and capital
growth in the medium-term.
Finanaal reserves policy
We maintain a tM)licy on financial re*rve5, which is periodically reviewed in line with guidance from the Charity Commission.
The trustees have decided that Plantlife International will hold six months. core operating costs as a free. unrestricted
financtal reserve. This reseNe is to cater for the following..
An amount needed to discharge any contrartual obligation5 should there be. tor example. a catastrophic fall In income
leading to a serlous financial problem. This should also prevent the need for immedlate cuts in expenditure and ensure
Ouf increasingly longer-term conservation projects can be completed.
An amount to facilitate cash management. Our income 15 not received evenly throughout the year, and most large
conservation projects requlre cash expenditure by Plantlrfe well in advance of the eventual recoupment of fundingfrom
project flnanciers.
14

PLANTUFE INTERNATIONAL-THE WILD PLANT CONSERVATION CHARITY
Annual Report and Consolidated Fbs)ancial Ststements for the year ended 31 March 2024
An operational reserve, for use on extraordlnary costs such as IT upgrades. bulldlng move5 or renovation or income
generation and particularly to malntaln the upkeep of our nature reserves at all times.
The reserve amount Is Ilnked to core expenditure rather than a fixed amount, allowing for fluctuatlons in organisation size.
Based on operatin8 expenditure for the slx month5 to March 2024 the tsr8et reserve amount stands at £1.47m. Plantlife's
free cash reserve metrlc at 31 March 2024 is 1.1 times the reseNe tsrget, or seven months of coverage.
Plantlife may also hold additional unrestrirted reserves. These reseryes wlll be used within a reasonable period of receipt of
the funds. When ludglng what Is reasonèble, the trustees wlll bear In mind that the conservatlon of plants and fun81 often
requires effort over a number of years and It can be some time before result5 are seen in plant population5.
15

PLANTLIFE INTERNATIONAL-THE WI￿ PLANT CONSERVATIOhi CHARITY
Annual ReFK)rt and Consolldaieil Financial Ststements for the year entled 31 Mar£h 2024
Principol risks and uncertainties
The charity is exposed to a number of rlsks and uncertainties. Response5 to these risks are managed wbthln well established
systems and have been instituted to mitigate identified risks and are sublectto continuous review.
Trustees periodically review the strategic risks faclng the organisation and monitor the effectiveness of actions tsken to
mitigate the impact of such rlsks.
The principal risks and uncertainties identified bythe trustees are..
The funding envlronment for plant and fungi conservation is rapidly changing. Due to other societal pre55ures the
availability of fund5 for conservation and environmentsl NGOS leNGOsl is changing and if we fail to respond we will
reduce our ability to make an impact.
Larger eNGOs are better equipped to respond to changing funding opportunities due to their capacity and structure.
The large eNGOs are flndlng thelr voice at a national level and becoming more vocal. This, linked to the economic
background, may result in the big three or four capturinB a large share of the available income- whether individual or
corporate.
On-8oing decline of plants & fungi across the UK and internationally. External factors and socSetal pressures reduce the
focus on the natural world.
The evolution of Plantlife into a bigger or8anisation changes our management approach and culture. Retaining focus on
value5 and tulture to maintain impact is a critital factor in a fast growin8 organization.
Our areas of work. trustee5, Staff, volunteers and supporters do not yetfully reflect societal diversity in all aspects. This
reduces our ability to deliver conservation effectiveness in accordance with our strategic objectives.
Staff retention and succession plannin& The markèt for ecologists Is hlghly competStSve and wlll become more
so. Reliance on fixed term Contracts results in constant churn and loss of key staff and their skills.
Plantlife lags In the development of its IT systems and assotiated trainin& curtailing our abilityto reach ourfull potential.
Health, safety and welfare. We negatlvely Impact the health of our people, those who work with us, orthe environment.
Governance & compliance. Policies do not comply wlth current leglslatlon, andlor staff do not apply or refer to them.
Developing our commercial activity. As we look to expand the scale and breadth of our commercial work the increased
80vernance and administration burden involved in managing a more complex organlsatlon may dlstract ffom other
opportunltles.
Cllmatic impact is inherent in Plar)tlrfe's daily activity. We are slow to deliver carbon net or gross zero whlch, glven our
conservation actlvity, Is ludged as inadequate.
Systems have been e5tsblished to mltlgate Identlfled risks and are subject to continuous review. The detailed considerations
of risk are delegate¢J to the F&GP committee, assisted by the SMT. Risks are identified, assessed and controls established
throughout the year. A formal review of the chariVs risk management process is undertaken on an annual basis at the maln
board.
Trustees considerthat there is appropriate monitoringi measurement, and mltlgatlon In place to avold the prlncipal risks an
uncertainties to the organisation and its effectiveness, notwithstandin8 the fact that some will need continued attention as
contributory factors continue to bring challenges.

PLANTLIFE INTERNATIONAL-THE WILD PLANT CONSERVATION CHARITY
Annual Report and Consolldated Flnanclal Statements for the year ended 31 Marc4 2024
Thank you
We are extremely grateful to 811 our members, supporters, funders and other organisations that so generously supported
us In 2023124, including all donors who wish to remain anonymous. Unfortunately we do not have space to individually
name all our supporters, but on behalf of everyone at Plantlrfe we would Ilke to acknowledge the following who provided
support of £l.C(JO or more:
Grant Funders
Cairngorms National pa￿ Authority
Chilterns National Landscape
Cranbourne Chase National Landscape
Forestry & Land Scotland
Department for Environment Food & Rural Affairs
EU LIFE Programme
FIPL (Farming in Proterted Landscapes)
Groundwork UK
Natural Resources Wales
Naturescot
North Wessex Downs National Landscape
RSPB
Scottish Environment LINK
Scottish Nètional Heritage
South Gloucestershire Council
Veolia Environmental Trust
Joint Nature Conservation Commlttee
The Welsh Government
Loch Lomond & The Trossachs National Park
National Lottery Heritage Funtl
National Highways
Natural England
The Woodland Trust
Wiltshire Councll
WWF-UK, through the Alr Wick and WWF Partnership
Charftable Trusts and Foundatlons
Banister Charltable Trust
King Charles111 Charitsble Fund
The Llnbury Trust
The Lyon Family Charitsble Trust
The Murdoch Forrest Charitable Trust
MW Tops Wildlife Conseryation Project
National Philanthropic Trust
Norman & Evelyn Proffftt Trust
People's Trust for Endangered Species
Scott IEredinel Charitable Trust
The Swire Charitsble Trust
The Daniell Trust
Esmée Fairbairn Foundatlon
Garfield Weston Foundation
George E T Salvesen Charitable Trust
Gordon Fraser Charitable Trust
The lan Addison Charitable Foundation
John Coates Charitable Trust
John Ellerman Foundation
John Feldberg Foundation
John MuirTnJst
Whitley Animal Protection Trust
Corporate Partners and Supporters
Black Bee Honey Limited
Bramley Products
Fera Ouffitters
Laurent Perrier
Mitie Landscapes
Maidstone Distillery Ltd
Thakeham Homes
The Grass People
Formula Botanica
Ground Control
J&P Plant
Le8ary Gffts
Much of our work is underpinned by the generosity of supporters who have included 3 gift to Plantllfe in their will. These
glfts, no matter the size, are in¢rèdSbly valuable and make a lasting impact on our mission to secure 8 world rich in plants and
fungi. We would like to thank all our generous benefattors for their significant contributions.
17

PLAKfLIFE INTERNATIONAL-THE WILD PLANT CONSERVATION CHARtrY
Annual Report and Consolidateil Mnanclal Statementsfor the year ended 31 March 2024
Statement oAtrustees' responsibilities
The trustees. who are also the directors of Plantlife International - The Wlld Plant ConseNation Charity for the purpose of
company law, are responsible for preparing the Trustees, Annual Report lincluding the Strateglc Report) and the financlal
statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally
Accepted Accounting practi￿1.
Company law requires thetrustee5 to prepare financial statement5 for each financial year. Under company law trustees must
not approve the financial statements unless they are sat15fied that they give a true and fairview of the state of affairs of the
charitable company and of the incoming resources and hpplacation of resources, including the income and expenditure. of
the charitable company for that year.
In preparing these financial ststements. the trustees are required to..
select suitable accounting policie5 and then apply them consistently-
observe the methods and princlples In the Charlties SORP 2019 IFRS 1021:
make judgements and estlmates that are reasonable and prudent;
state whether applicable UK Accounting Stsndards have been followed, subject to any material departures disclosed
and explalned In the financial statements; and
prepare the financial statements on the goin8 concern basis unless it is inapproprlate to presume that the tharity will
continue in operation.
The trustees are responsible for keepln8a(lequate accounting records that disclose wlth reasonable accuracy at anytime the
finantial position of the charitable company and enable them to ensure that the financial statements comply wlth the
Companles Act 2006. the Charities and Trustee Investment (Scotlandl Act 2005 and the Charities Accounts Iscotlandl
Regulations 2(X)6 las amended). They are also responsible for 5afe8uarding the assets of the charitsble company and hence
for taking reasonable steps for the prevÈntion and detection of fraud and other irregulaiities.
In so far as the trustees are aware:
there is no relevant audit information of which the charitsble companVs auditor is unaware= and
the trustees have taken all steps that they ought to have taken to make themselve5 aware of any relevant audit
information and to establlsh that the auditor is aware of that information.
The trustees are responsible for the maintenance and integrity of the corporate and financial informatlon Included on the
charltable company's website. Legislatlon In the United Kingdom governln8 the preparation and disseminatlon ol flnancial
statements may dlffer from legislation in otherlurlsdictions.
Audltot5
Saffery LLP were appointed as audltor to the company and In accordart¢e with section 485 of the Companies Act 2006, a
resolution proposing that they be re-appointed will be put at a General Meeting.
ON BEHALF OFTHE TrUSTEES:
D Danlels
P Wilson
Chair
TreasLÈrer
11 December 2024
11 December 2024
18

PLANTLIFE INTERNATIONAL-THE WILD PLANT CONSERVATION CHARrrY
Annual Report and Con501idated Finantial Statemèntsfor the year ended 31 March 2024
Independent Auditor's Report to the Members and Trustees of
Plantlife International - The Wlld Plant Conservation Charity
Oplnlon
We have audited the financlal ststements of Plantlife International Ithe'parent charltable company'l and its subsldlariès Ithe
'group'l for the year ended 31 March 2024 which comprlse the Consolidated Statement of Flnancial Activities, the
Consolldated and Parent Balance Sheet, the Consolidated Ststement of Cash Flows and nLltes to the flnancial statements,
includin8 significant accounting policies. The financial reportlng framework that has been applied in their prèparation Is
applicable law and United Klngdom Accounting Standards, including Flnanclal Reportingstandard 102, the Flnancial Reporting
Standard applicable In the UK and Republic of Ireland Iunited Kingdom Generally Accepted Accountlng Practice).
In our opinlon the financial 5tatements'.
glve a true and fair view of the state of the affalrs of the group and the parent charitable company as at 31 March
2024 antl of the group's Incoming resources and applicatlon of resOur￿s, including its Income and expenditure.
for the year then ended.
have been properly prepared in accordance wlth United Kingdom Generally Accepted Accounting Practlce; and
have been prepared In accordance with the requirements of the Companies Act 2006, the Charities and Trustee
Investment IScotSandl Act 2005 and regulations 6 and 8 of the Charities Accounts (Scotlandl Regulations 2006 las
8mendedl.
Basls for oplnlon
We conducted our audit in aecordance with International Standards on Auditing IUKI IISAS IUKII and applicable law. Our
responslbilitles under those standards are fijrther described in the Audltor's ￿sponSibl11t1es for the audit of the financlal
5tstements section of our report. We are independent of the Eroup and parent charitable company In accordance with the
ethlcal requirements that are relevant to our audit of thefinan¢ial statements in the UK, including the FRC'S Ethical Standard,
and we have fulfllled our other ethical responslbllltles In accordance with these requirements. We belleve that the audit
evidence we have obtained is sufflclent and appropriate to provide a basis for our oplnlon.
Concluslons relatin8 to golng concern
In auditing the financial statements, we have concluded thatthe trustees, use of the going concern ba515 of atcovntlng in the
preparation of the financlal statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relatlng to events or conditions
that, individuallyorcollectively, may cast signlficant doubton the grouporthe parent charitsble company's abilityto continue
as a golng concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant
sections of this report.
Other Information
The other information comprlses the information included in the annual report, other than the financial ststements and our
audito¢s report thereon. The trustee5 are responslble for the other Information. Our oplnlon on the financlal statements
does not cover the other Information and, except to the extent otherwlse explicitly stated in our report, we do not express
any form of assurance conclusion thereon. Our responsibility is to read the other Information and, In doing so, conslder
whether the other information is materially inconsistent with the financial ststement5 or our knowledge obtaine(l in the
Course of the audit or otherwlse appears to be materially misstated. If we identify such material inconsistencie5 or apparent
material misstatements, we are required to determine whether this gives rise to a material misstatement in the flnancial
19

PLANfLIFE INTERNATION'AL-THE WILD PLANT CONSERVATION CHARITY
Annual Report and Consolidateil Financial Statementsfor the year ended 31 March 2024
statements themselve5. If, based on the work we have performed, we conclude that there is a material misstatement of thls
other Information; we are required to report that fact.
We have nothingto report in this regard.
Other matters prescrlbed by the Companles Act 2006
In our opinion. based on the work undertaken In the course of the audit..
the information given in the Trustees, Annual Reportwhich includes the Directorg Report and thestrategic Report
for the financial year for which the financial statements are prepared is consistent with the financial statements-
and
the Trustees, Annual Report which includes the Dlrectors, Report and the Strategit Report has been prepared in
accordance with applicable legal requirements.
Matters on whlch we are required to report by exceptloA
In the light of the knowledge and understanding of the group and parent charitable company and their envlronment
obtained in the course of the audit, we have not identified material misstatements In the Trustees, Annual Report and
Strategic Report.
We have nothing to report in respert of the following matters where the Companies Act 2006 and the Charities Accounts
(Scotlandl Regulations 2C¥)6 las amended) require us to report to you if, in our opinion..
adequate atcounting records have not been kept by the parent charitable company, or returns adequate for our
audit have not been received from branches not visited by us- or
the parent ch3rltable company's financlal statements are not In agreement with the accounting records and
returns; or
certain disclosures of trustees, remuneratlon specified by law are not made,. or
we have not recelved all the information and eyplanations we require for our audit. or
the trustees were not entitled to prepare the financlal statements in accordance with the Small companles, regime
and take advantage of the small companies, exemption In prepaTingtheTrustees' Annual Report and the Strategic
Report.
Responslbllltles of trustees
As explained more fully in the Statement of Trustees, Responsibilities set out oft page 18, the trustees Iwho are also the
directors of the parent charitsble company for the purposes of company lawl are responsible for the preparation of the
financial statements and for being satisfied that they 8ive a true and fail view, and for such internal control as the trustees
determine is necessary to enable the preparation of the financial statements that are free from material misstatement.
whether due to fraud or error.
In preparin8 the financlal statements, the trustees are responsible for assessing the group and the parent charitsble
company's ability to continue as a going concern, disclosin& as applicable, matters related to golng concern and using the
golng concern basis of accounting unless the trustees either intend to liquidate the group or the parent charitable company
or to cease operatlons, or have no realist1¢ alternative but to do so.
20

PLAKfuFE INTERNATIONI AL-THE WILD PLANT cONSERV￿.T￿0N CHARrrY
Annual Report and Consolldated Flnancial Statementsfor the year ended 31 Mar¢h 2024
Audltorfs re$ponslbllltles for the audlt of the flnanclal statements
We have been appointed a5 auditors under the Companies Act 2006 and under the Charities and Trustee Investment
Iscotlandl Act 2￿5 and report In accordance with regulation5 made under those Acts.
Our ob5ectlves are to obtain reasonable assurance about whether the group and parent financial statements as a whole are
free from materlal misstatement, whether due to fraud or error. and to issue an auditor's report that Includes our opinion.
Reasonable assurance is a high level of assurance, but is not a guarantee that an audlt conducted in accordance wlth ISAS
IUKI will always detect a material misstatement when it exlsts. Misstatements can arise from fraud or error and are
consldered material if, individually or in the aggregate, they could reasonably be expected to influence the economic
decisions of users taken on the basis of these financial statements.
Irre8ularitles, Including fraud, are instances of non-compliance with laws and regulatlons. We design procedurès In line with
our responsibilities, outlined above, to detect material misststements In respect of irregularitles, Includingfraud. The speclflc
proceilures for this engagement and the extent to which these are capable of detecting irregularitles, Including fraud are
etalled below.
Identifying and assesslng rlsks related to irregularitles..
We assessed the susceptlblllty of the group and parent charitable CoMpan￿S financlal statements to materlal misstatement
and how fraud might occur, ineludlng through discu55ions with the trustees, discussions wlthln our audit team planning
meeting, updating our record of Internal contro15 and ensurln8 these contro15 operated as intended. We evaluated p055ible
incentlves and opportunities for fraudulent manipulation of the finènclal statement5. We identlfled laws and regulatlons that
are of significance in the context of the group and parent charitable company by discussions with trustees and updating our
understandin8 of the sertor In which the group and parent d)aritable company operate.
Laws and ￿gUlatIonS of direct slgnlflcance in the context of the group and parent charltable company include The Companies
Act 2006, the Charltles and Trustee Investment (Scotlandl Act 2005, the Charities Accounts Iscotlandl Regulations 2006 las
amendedl and guidance issued by the Charity Commission for England and Wales and the Office of the Scottish Charity
Regulator.
Audit response to risks identlfled..
We considered the extent of compliance with these laws and regulations as part of our audit procedures on the felated
financial statement item5 including a revlew of financial 5tstement dlsclosures. We reviewed the parent charitable company's
records of breaches of laws and regulations. minLrtes of meetings and correspondence with relevant authorities to identlfy
potential material misstatements arising. Wè dlscussed the parènt charitable company's policies and procedures for
complIan￿ with laws and regulatlon5 With members of management responslble for compliance.
During the planning meetlng with the audit team. the engagement partner drew attentlon to the key areas which might
involve non-compliance with laws and regulations or fraud. We enquired of management whether they were aware of any
instancesof non-compliance with laws and regulations or knowledge of any actual, suspected or alleged fraud. We addressed
the risk of fraud through management overrlde of controls by testlng the appropriateness of journal entries and identifylng
any significant transactlons that were unusual or outside the normal course of business. We asse55e(I whether judgements
made in making accounting estimates gave rlse to a possrble Indication of management bias. At the completion stage of the
audit, the engagement partnerfs revlew included ensurlng that the team had approached their work wlth appropriate
professional scepticlsm and thus the cap3clty to identify non40mpllance with laws and regulations and fraud.
There are inherent limitations in the audlt procedures descrlbed above and the further removed non-compllance with laws
and regulations Is from the events and transactions reflected in the financlal statements, the less likely we would become
aware of IL Also, the risk of not detecting a materlal misstatement (lue to fraud 15 higher than the risk of not dete¢tlng one
21

PLANTUFE INTERNATIONAL-THE WILD PLANT CONSERVATION CHARrrY
Annual Report and Consolidated Financlal Statements forthe year ended 31 Marth 2024
resultlngfrom error, as fraud may involve deliberate concealment byi for example. forgery or Intentlonal misrepresentations,
or through colluslon.
A further description of our responsibilities is available on the Financial Reporting Council's website at:
www.frcor .uk
auditorsres
nsibilitie5. This description forms part of our auditorfs report.
Use of our report
This report is made solely to the parent charitable compan￿S members, as a body. In accordance with Chapter 3 of Part 16
of the Companie5 Act 2006, and to the parent charitable companvs trustees, as a body, in accordance with Regulatlon 10 of
the Charities Accounts Iscotlandl Regulation5 2006. Ouraudit work has been undertaken 50 that we might state to the parent
charitable companrf5 member5 and tru5tee5 those matters we are required to state to them in an auditorfs report and for
no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than
the parentcharltsble company, the parent charitsble companvs members and trustees as a body, for our audit work, forthis
report, or for the opinions we have formed.
S• LLP
Casidhe Baleri (Senior Ststutory Auditor)
for and on behalf of Saffery LLP
Midland House, 2 Poole Road
Bournemouth, BH2 5QY
Statutory Auditors
Date: 19 December 2024
Saffery LLP is eligible to art as an auditor in terms of settion 1212 of the Companies Act 2(*)6
22

PLANTLIFE INTERNATIONAL-THE WILD PLANT CONSERVATION CHARITY
Annual Report and Consolidated Finan¢ial Statements for the year ended 31 Mar¢h 2024
Financial Statements
Consolldated Statement of Flnanclal Actlv5tles
For the year ended 31 Marth 2024
(incorporating an income and expenditure account)
Currentfinanclol year
Unrestrlcted
Funds
Restritted Endowment
Totsl
Totsl
Fund5
Funds
2024
2024
2024
2024
2023
Note
1th￿me from:
Donatlons and legacies
Other donations and legacies
Charitable activities
1,178,078
1,184,220
2,362,298
1,468,710
Conservation actlon
94,542
7,320,668
7,415,210
2,982,791
Membershlp Income
1,186,841
1,186,841
833,787
Investment income
203,666
61,928
265,594
101,514
Other tradlng activitles
108,473
108,473
123,118
Total irKome and endowménts
2,771,600
8,504,888
61.928
11,338,416
5.509.920
Expendllure on:
Raisin8funds
Raising donations and legacles
Other trading activltles
Investment management costs
1,041,326
1.041,326
644,335
105,619
105,619
49,303
6,569
16,409
22,978
21,545
1.153,514
16,409
1,169,923
715,183
Charitable activities
Conservation actlvltles
1,338,553
5,520.037
6,858,590
3.152,131
People engagement, education
and membership
960,874
157,048
1.117,922
1,094,872
2,299,427
5,677,085
7,976,512
4.247,003
Total resources expended
Net in¢omel{expendlturel
Net gainslllossesl on investment
Taxation
3A52,941
5,677,085
16,409
9.146.435
4,962,186
{681.341)
2027,803
45.519
2,191,981
547,734
13
67,963
159,395
227,358
1188,8091
11,5541
357,371
14
Net movement In funds
1613,3781
2,827,803
204.914
2N19,339
Re¢onclllatlon of funds
Totsl funds brought forward at
l April 2023
Total funds carrled lorward at
3,167,326
2,944,300
2,633,371
8,744,997
8,387,626
2,553,948
5,771103
2.838.285
11,164336
8,744,997
31 Marth 2024
All amounts derive from continuing activities.
All gains and losses recognlsed in the year are included In the Statement of Flnancial Activities.
23

PLANTLIFE INTERNATIONAL-THE WILD PL4NT CONSERVATION CHARITY
Annual Report and Consolldated Flnanclal Statementsfor the year ended ai March 2024
Consolldated Statement of Financial Artivitles (contlnued)
{incorporating an income and expenditure account)
Priorflnanclal yeor-Aor the yeur ended 31 Morch 2023
Unrestrlrted
Funds
Restrlcted Endowment
T¢)tsl
Funds
Funds
2023
2023
2023
2023
Income from:
Donatlons and legacies
Other donations and legacie5
Charitable activities
907,462
561,248
L468,710
ConseThatlon a¢tion
345,129
2,637,662
2,982,791
Membership income
833,784
833,787
Investment income
44,930
56,584
101,514
Other trading activities
123,070
48
123,118
Totsl Income and endowments
2,254,375
3,198,961
56,584
5.509.920
Expendlture on:
Raising funds
Raising donations and legacies
Othe tradlng actlvttles
644,335
644,335
49.303
49.303
Investment management costs
4,748
16,797
21.545
698.386
16.797
715.183
Charitable activitie5
Conservation activities
795,793
2,356,338
3,152,131
People engagement, education and
membership
833,1)09
261,863
1,094,872
1,628,802
2,618,201
4,247,(NJ3
Totsl resources expended
Net Incomel{expendllure)
Net gainslllossesl on investments
Z.327.188
2.618.201
16.797
4.962.186
{72,8131
148,9251
580,760
39.787
547.734
13
1139,8841
1188,8091
Taxation
14
11,5541
11,5541
Net movement In funds
1123.2921
580,760
(100,097)
357B71
Re¢on¢iliation of funds
Totsl funds brouthtforward at
l Aprll 2022
Total funds carrled fon¥ard at
3,290,618
2,363,540
2,733,468
8,387,626
31 March 2023
3.167.326
2.944300
2.633.371
8,744.997
All amounts derive from continuing activities.
All gains and losses recognised in the year are Included In the Statement of Financial Actwities.
24

PLANTLIFE INTERNATIONAL-THE WILD PLANT CONSERVATION CHARITY
Annual Report and Consolldated Flnan¢lal Statementsfor the year ended 31 March 2024
Consolidated Balance Sheet
Company number: 3166339
asat
asat
31 March
31 Marth
2024
2023
Note
Axed assets
Intangible assèts
Tangible assets
Heritage assets
15
39,28S
40.161
16
165,529
77,439
17
1.582.805
1.582,805
Investments
18
4.080,024
3.363.716
5.867,643
5,064.121
Current assets
Stocks
20
42,514
42.514
Debtors
21
2,907,624
1,972.699
Investments
22
3.529,054
904,816
Cash at bank and in hand
1,420,817
1,383,742
7,￿.009
4,303.771
Uabililies
Credltors.. amounts fa111n8 due within one year
23
11,C#)1,7031
1530,4441
Net current assets
6A98,306
3,773,327
Total assets less current Ilabllltles
12.765.949
8.837.448
Creditors.. amounts falling due after more than one year
24
11,601,613>
11.164.336
192,4511
8.744.997
Totsl net assets
Funds of the charlty
Capitsl fvnds
Endowment funds-general
Income funds
27
2,838,285
2,633.371
Restricted funds
29
5,772,103
2.944.300
Unrestritted funds
General unrestricted fvnds
28
2,046,159
2,667.721
445,174
Deslgnated reserve
Revaluation reserve
28
385.395
28
122,394
54,431
Total charfty funds
11.164,336
8,744,997
The notes on page5 28 to 51 are an integral part of these financial statements.
Approved by the Board of Tnjstees on 11 December 2024 and signed on its behalf by:
D Daniels
P Wllson
Chair
Treasurer
Type text here

PLANTUFE INTERNATIONAL-THE WILD PLANT CONSERVATION CHARtrY
Annual Report and Consolldated Financial Statements for the year ended al March 2024
Charltable Company Balance Sheet
Company number: 3166339
asat
asat
31 March
31 March
2024
2023
Note
Flxed assets
Intangible assets
Tangible assets
Herltage assets
Investments
15
39,285
40.161
16
165,529
77.439
17
1,582.805
1,582,805
18
4,080,026
3,363,718
5,867.645
5,064,123
Current assets
Stocks
20
42.514
42.514
Debtors
21
2,950,126
1,967,(KJ2
Investments
22
3,529.054
904,816
Cash at bank and in hand
1,413,716
1,382,733
7,935,410
4,297,065
Llabllilies
Creditors.. amounts falllng due within one year
Net current assets
23
1986.8801
6.948,530
1527,8751
3,769.190
Totsl assets less current Ilabllltles
12,816,175
8,833,313
Creditors.. amounts falling due after more than one year
Total net assets
24
11.601,6131
192.4511
11.214.562
8,740,862
Funds of the charlty
CapStal funds
Endowment funds-general
Income funds
27
2.838.285
2.633,371
Restricted funds
29
5,772,103
2.944,300
Unrestrlrted funds
General unrestricted funds
28
2,096,385
2,663,586
Oesignated reserve
Revaluation reserve
385,395
445,174
122,394
54.431
Tt)tal charity funds
11,214.562
8,740,862
The notes on pages 28 to 51 are an integral part of these flnan¢ial ststements.
Approved bythe Board of Trustees on 11 December 2024 and signed on its behalf by:
D Danlels
P Wllson
Chair
Treasurer

PLANTUFE INTERNATIONAL-THE WILD PLANT CONSERVATION CHARITY
Annual Report and Consolidated Financial Ststements for the yèar ended 31 March 2024
Consolldated Cash Flow Statement
For the year ended 31 March 2024
2024
Cash flows from operating artl¥itles
Net cash absorbed by operatln8 •￿I￿lIeS
3,032.122
(ts5.9991
Cash Ilows from Investlng attivities
Investment Income
265.594
101,514
Purchase of intangible and tangible fixed assets
1148,9091
185,9441
Net prO￿ed5 on disposal of intangible and tanglble fixed assets
1.456
Purchase of investments
1450,0001
Net investment income reinvested
138,9501
135.0391
Transfer from/ltol short term dep051t account
12,624.2381
385.628
Net cash provlded by/labsorbed by) Investlng actlvftles
(2.995,047)
366.159
Cash II¢MTS from ftnandng adlvltles
Increase tn cash and rash 4ui¥alents In the reporting perlod
37,075
180,160
Cash and cash equivalents at the beginning of the reportlng period
1,383,742
1,203,582
Cash and ￿$h equivalents atthe end of the reportln8 period
1,420,817
1,383,742
Reconclllation of Net {Expendlture)Ilncome to Net Cash Flow From Operating Artivltles
2024
2023
Net income forthe reportlng period
(os per the statement offinonclal octivitiesj
2,419,339
357.371
Investment income recognised in the statement of financial activities
1265,5941
1101,5141
Fair value gains and losses on Investments
1227.3581
188,809
Depreciation & amortlsatlon
60,239
26,764
Ilncreasel In debtors
1934,9251
1882,5071
Increase in creditors
1,980,421
225.078
Net Cosh provlded byl{absorbed by) operatlni artlvltles
5.032,122
1185,999)

PLANTLIFE INTERNATIONAL-THE WILD PLANT CONSERVATION CHARrrY
Annual Report and Consolidatèd Finantial statements forthe year ended 31 Marth 2024
PrincipolAccountlng Policies- Consolidated Group and Chorftoble Company
Nature of operatlons and Beneral information
P13ntllfe International- The Wild Plant Conservation Charity Is 3 prlvate company limited by guarantee and a Publlc Beneflt
Entity as defined by FRS 102. It is incorporated and domiciled in England. the address of its registered office Is Brewery House,
36 Milford Street, Salisburyi Wlltshire. SP2 IAP. Plantlife's finantial ststements arè presented In Pounds SterlinB (£1, which 15
also the functional currency of the company. Monetary amounts In these financial statements are rounded to the nearest
whole pound.
Basls of preparati¢)n
The financial ststements have been prepared in accordance with the Companies Act 2006. the Charities and TIu5tee
Investment Iscotlandl Act 200S. the Charities Accounts Iscotlandl Regulations 2006 las amended) and "Accounting and
Reporting by Charities.. Statement of Recommended Practice applicable to charities preparin8 their accounts in accordance
with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffective l January 20191"
The financial statements have been prepared under the historical cost convention. modified to include the revaluation of
listed investments at fair value.
Preparatlon of consolldated flnanclal statements
The financial Statements incorporate the results of Plantlife International- The Wild Plant Conservatlon Charlty and Its sole
subsidiary Plantlife Trading Limited, consolidated on a line by line basis. The company has taken advantage of the exemption
provided by section 408 of the Companies Act 2006 not to include the Statement of Financial Activities for the charity alone.
The income and expenditure dealt with in the accounts of the charitable company was a surplus of £2,473,699 (2023..
£350,745).
Golng concern
At the tlme of approvSng the financial statements, the trustees have a reasonable expectatlon that the charlty has adequate
resourcesto continue in operational existence forthe foreseeable future. Thetrustees therefore continue to adoptthe going
concern basis of accounting in preparing the financlal statements.
Accounting judgements and assumptions
The preparation of financial 5taternent5 undei SORP IFRS 1021 requires the company to make judgement5 and assumptions
that effect the application of policies an(1 reported amounts. Assumptions and judgement5 are based on historical experience
and other factors including expectations of future events that are believed to be reasonable under the circumstances. Actual
results may differ from the estimate5 derwed from applying those judgements and a55umptions. The judgements and
assumptions which have a significant impact on the carrying value of assets and liabilities are considered to be those
surrounding the valuation of fixed assets including heritage assets.
The trustees do not conceive there to be any significant risk of material adjustment during the next reportln8 period as a
result of the judgements and assumptions applied to the financial statements.
Chorltsble fvnds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of thelr chafftable objectives.
Restrirted funds are subject to specific conditions by donors as to how they may be used. The purpose5 and uses of the
restrlcted funds are set out In the notes to the financial statements. Endowment fund5 are subject to specific conditions by
donors th3t the capital must be maintained by the charity.
28

PLANTLIFE INTERNATIONAL-THE WILD PLANT CONSERVATION CHARITY
Anndal Report and Consolldated Flnanclal Statements forthe year ended 31 March 2024
Principal Accounting Policies continued
Income
Income is recognised when the charity Is legally entltleil to It after any performance condltlons have been met, the amounts
can be measured reliably, and it is probable that income will be received.
Income from general donations is recognised upon receipt or once the charity has been notified of the donation, unless
performance conditions require deferral of the amount. Cash donations are reco8nised on receipt. other donations are
recognised oncethe charity ha5 been notrfied of the donation, unless performance tonditions require deferral of the amount.
Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the
donation.
Legacles are recognlsed on re¢elpt or otherwlse ff the charlty has been notified of an Impending distribution, the amount is
known, and receipt is expected. If the amount is not known. the legacy Is trèated as a contingent asset.
Income from govemment and othergrants is recognised atfairvalue when the charity has entitlement after any performance
condltlons have been me¢ It is probable that the Income will be received, and the amount can be measured rellably. If
entitlement Is not met these amounts are deferred. Income re￿iVed during the year relatlng to grants wholly coverin8
periods commencing after the year end is held as deferred income.
Investment income is earned through holdingassets for Investment purposes. It includes dividends and interest. Income from
fixed Interest Investments is recognlsed when received. Dividend income 15 recognised as the tharlty's rlght to receive
payment Is establlshed.
Annual membershlp and life membership subscriptlons are recognised in full on receipt a5 this income is In the nature of a
grft. No actrual is included for the cost of provldlng annual or life members with future publications as, whilst the trustees
expectto contlnue to proviile thls servlce, they belteve there is no contractual requirement or expectstion to do $0.
Recognltlon of donated goods. facllltles and servlos
Donated goods, facilities and services are recognised as income when: control over the expected economic benefitsthat flow
from the donation has passed to the charity and any performance-related toftditions attached to the donation have been
fully met,. it Is more Ilkely than not that the economic benefits associated with the donated item will flow to the charlty,. and
the value to the charity of the donated item can be measured reliably.
Expendlture
All expenditure is accounted for on an accnjals basis and has been classified under headings that aggregate all costs related
to the category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties,
it 15 probable that the settlement wlll be required, and the amount of the obligation can be measured rellably.
Grants offered subject to performance conditions are actrueil when the recipient ha5 been notified of the grant and any
remaining unfuffilled conditions attaching to the grant are outslde the control of the charlty.
Support costs a￿ those that asslst the work of the charity but do not dirertly represent charltable activities and includè offlce
costs, governance costs, administrative payroll costs. Where support costs cannot be dirertly attrlbuted to a particular
headin& they have been allotateil to cost of raising funds anil expendlture on charitable actlvltles on a ba515 consistent with
use of the resources, accorilingto staff number5 engaged in an activity.

p￿LIFE IKfERNATIONAL-THE WILD CONSERVATION CHARITY
Annual Report and Consolidated Financial Statements for the yearended 31 March 2024
Prlnclpal Accounting Policies contlnued
Intsn8lble fixed assets
Intangible fixed assets are initially measured at cost and subsequently measured at cost orvaluation, net of amortisation and
any impairment losses. Amortlsation is recognised so as to write off the tost or valuatlon of assets over their useful lives
estimated at 3 years on a straight line basis. The gain or1055 arising on the disposal of an asset is determined as the difference
between the sale proceed5 and the carrying value of the asset and is recognised in net incomellexpenditurel for the year.
Taryglble fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and
any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values
over their useful lives on the following bases..
Fixture5 and fittings IO% and 25% straight line
Computer equipment 25% straight line
Office equipment 33% stralght Ilne
Motor vehicles 25% straight line
The gain or105s arlslng on the disposal of an asset is determined as the difference between the sale proceeds and the
carrying value of the asset and is recognlsed In net Incomellexpenditurel for the year.
Herita8e assets
The charlty acquires and maintains nature reserves in support of the charity's main objectives. The nature reserves are
recorded in the Balance Sheetatcostand the Board of Trustees considertheassetsto have an infinite useful life and therefore
do not consider it approprlate to charge depreciation.
Flxed asset investments
Cash investments arè stated atcost. Listed investsnents ar@ inttially measured attransaction price excludingtransaction costs
and are subsequently measured at fair value at each reporting date. Changes in fair value are recogni5ed in net
incomellexpenditurel for the year. Transaction costs are expensed as incurred.
A subsidiary is an entity controlled by the charity. Investments in subsKdiarie5 are measured at cost less impairment.
Impaimient of Ilxed asset5
At each reportin8 end date, the charlty reviews the carrying amounts of Its tsngible a55etS to determine whether there is any
ind¢cation that those assets have suffered an impairment loss. If any such indication exlsts. the recoverable amount of the
asset is estimated in ord@r to determine the extent of the Impairment loss lif anvl.
Stocks
Stocks are stateil at the lower of cost and estlmated selling price le55 costs to complete and sell.
Cash and cash equlvalents
Cash and cash equivalents include cash in hand, and highly liquid bank accounts. Cash held as part of an investment portfolio
is included with the Investment to which it relates. Cash held In deposlt accounts with a maturity of more than 90 days held
for investment purposes rather than to meet short-term cash commitments as they fall due are included in current asset
investments.
30

PLANTUFE INTERW.ATIONAL-THE WILD PLANT CONSERVATION CHARITY
Annual Report and Consolidated Financial Ststements for the year ended 31 March 2024
Prlnclpal Accountln8 Pollcles continued
Flnancl•l instruments
The charlty has elected to apply the provisions of Section 11 'Basic Financlal Instruments, and Section 12 '0ther Flnanclal
Instrnments Issues, of FRS 102 to all of its financial instruments. Financial instruments are recognised in the tharlty's balance
sheet when the charity becomes party to the contractual provlslons of the instrument. Financial assets and liabilities are
offset. wlth the net amounts presented in the finantial statements, when there is a legally enforceable right to set off the
recognised amount5 and there 15 an intention to settle on a net basis or to realise the asset and settle the liability
simultaneously.
Buslcflnunatsl ossets
Basic financial a55ets, which include debtors and cash and bank balances, are initially measured at transaction price including
transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement
constitutes a financing transaction, where the transaction is measured at the present value of the future ieceipts discounted
at a market rate of interest. Financial a55et5 classified as receivable within one year are not amortised.
Baslcflnanclul Ilobllltles
Basic financial liabllities. including creditors, are initially recognised at transaction prlce unless the arrangement constitutes
a financing transartlon, where the debt instrument is measured at the present value of the future payments dlKounted at a
market rate of interest. Financial liabilities classified as payable within one year are not amortlsed. Debt instruments are
subsequently carrled at amortlsed c05t, using the effectlve interest rate method. Trade creditors are obligatlons to pay for
goods or services that have been acquired in the ordinary coyrse of operation5 from suppllers. Amounts payable are classsfied
as current liabilities if payment 15 due wlthln one year or les5. If not, they are presented as non-current liabilitie5. Trade
creilttorsare recognised initially at transactSon prlce and subsequently measured atamortised cost uslngtheeffective Inte￿St
method.
Dere¢ognltlon offinoncl¢vl Ilablllties
Nnanclal liabilities are derecognised when the charl￿S contractual obllgatlons expire or are dlscharged or cancelleil.
Taxaffjon
The charity is exempt from corporatlon tax on its charitsble actlvlties. Taxation for the trading subsidiary is accnjed on its
taxable profft.
Employee benefits
The c05t of any unused holiday entitlement is recognised in the period in which the employee's services are ￿e￿ived.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate
the employment of an employee or to provide termination benefits.
Retlrement benellts
Payments to defined contribution retirement benefit schemes are charged as on expense as they fall due.
Forelgn ex¢han8e
Transactions In currencies other than pounds sterling are recorded at the rates of exchange prevaillng at the dates of the
tran5action5. At each reportlng end date, monetary assets and liabilwties that are denominated In foreign currencles are
retranslated at the rates prevaSllng on the reporting end date. Gains and losses ari5in8 on translation are Included in net
incomellexpenditurel for the period.
31

PL4NTLIFE INTERNATIONAL-THE WILD PLANT CONSERVATION CHARITY
Annual Report and Consolidated Nnanclal Ststements for the year ènded 31 March 2024
Prlncipal Accounting Pollcles contlnued
Fund Accountln8
Where funds are received for a specific purpose set out by the donor or implied by the terms of appeal, these are shown as
restricted Income in the Statement of Financial A¢tlvlties. Funds donated to be held as capital are shown as Endowment
Funds. Expenditvreforthe purpose specified is applied againstthe income and any amount unexpended at the balance sheet
date 15 Shown within Restrlrted Funds.
General funds are unrestricted funds which are available for use atthe Iliscretion of the trustees in furtherance of the general
objectives of the charity and which have not been desi8nated for other purposes.
The trustees, attheir discretion, may set aside funds to cover specific future costs. Such funds are shown as designated funds
within unrestricted funds. Should the trustees decide such funds are no longer requlred forthe purposes intended, they may
be released by transfer to the general unrestricted funds.
32

PLANTUFE INTERNATIONAL-THE WILD PLANT CONSERVATION CHARITY
Annual Report and Consolidated Financial Ststements for the year ended 31 March 2024
Notes to the Financial Statements
Income from donatlons and le8acles
Unrestrirted
funds
2024
Restrlrted
funds
2024
Totsl
Unrestrlrted
funds
2023
Restrlcted
lunds
2023
Total
2024
2023
Donallons and gffts
Core funding
Reserves management
Conservatlon actlon
542.611
6.265
2,344
551,220
100,328
68,436
1,007,436
1,176,200
642,939
74,701
I,CK39,780
1,727,420
401,481
450
401,481
28.648
508,143
938,272
28.198
431,403
459,601
76,740
478,671
Legacies re¢eivable
Core fundlng
Conservation action
626,858
626,858
8,020
634,878
2,362,298
428,791
428,791
101,647
530,438
1068,710
8,020
&ozo
L184,2ZO
101,647
101,647
561.248
626,858
1,178.078
428,791
907,462
Income from tharitable actlvitie5
Unreslrlcted
funds
2024
Restritted
funds
2024
Totsl
Unrestrlcted
funds
2023
Restrirted
funds
2023
Totsl
2024
2023
Conservation activities
94,542
1,186,841
7,320.668
7,415,210
1,186.841
&602.051
345,129
833,784
1,178,913
2.637,662
2.982.791
Membership income
833.787
3.81&578
1.281,383
7,320,668
2,637,665
Investment income
Unrestrlcted Endowment
funds funds genefal
2024
2024
Totsl
Unrestricted Endowment
fund5 funds general
2023
2023
T¢)tsl
2024
2023
Income from listed investments
Deposit atcount interest
27,403
176,263
203.666
61.928
89,331
176,263
265,594
13,453
31,477
44,930
56,584
70.037
31A77
101.514
61.928
56,584
33

PLANTUFE INTERNATIONAL-THE WILD PLqNT CONSERVATION CHARITY
Annual Report and Consolldated Finanual Statemefttsfor thè year ended 31 March 2024
Notes to the Flnanclal Statements continued
Other tradlng artlvltles
Included in the consolidated accounts are the results of the wholly owned subsidiary, Plantlrfe Trading Limited, which
delivers a range of paid for services comprising botsnical consultancy and evaluation work. Its summary statement of
comprehensive income is:
Total
Total
2024
2023
Turnover
113,862
146,5831
67,279
113,103
150,0921
63,011
Cost of sales
Gross profft
Administrative expense
Other operating income
Operating ILoss)IProfft
Interest payable and similar
(Loss)Iprofit beftye taxatlon
Tax on profit on ordinary activitie5
(L055)IPiofit after tax and Ilossllproflt forthe finandal year
1117.2911
410
155.5041
673
149,602)
14,7581
154.360)
8.180
8,180
11,5541
6,626
154,360)
The aggregate capitsl and reserves for Plantllfe Trading Limited at the end of the reportin8 period was1£50,2231 (2023..
£4,137).
Other tradin8 activfcies income comprises of magazine advertlslng Income and insurance claim income.
Income from115ted investments
Permanent endowment Invested on a totsl retttrn b•s15
The charity has exerclsed Its rights by the trustees under section 104IAI of the Charities Att 2011 on 14 October 2017. This
power permits the trustees to Invest permanently endowed funds to maximise totsl return and therefore to apply an
appropriate portion of the unapplied total return to income. The unapplied total return remains invested as part of the
permanent endowment until that power is exercised. When exercised it allows the trustees to apply an appropriate portion
of the unapplied totsl return to income each year. During the current year the trustees have transferred £nil12023.' £nill to
unrestrfcted Income fvnd& In decldlng this amount. the trustees considered the level of Income received since adoptlng the
total return basis and determlned this approach appropriate.

PLANTLIFE INTERNATIONAL-THE WILD PLANT CONSERVATION CHARITY
Annual Report and Consolidated Finan¢ial Ststements for the year ended 31 March 2024
Notes to the Financial Statements contlnued
5 continued.
Inwme from listed Investments
Permanent endowment Invested on a total retum basis
Trust for
Unapplled
Totsl
investment total return er¥dowment
at 31 March 2023
Trust for investment
1.700,000
1.71N),000
933,371
2,633,371
Unapplled totsl return
933,371
933,371
1,700,OC(I
Movements In the perlod
Investment return- dividend5 and interest
Investment return- realised and unrealised gains an(1 (losses)
Investment management fees
61,928
159,395
116,4091
204,914
61,928
159,395
116,4091
204,914
Unapplied total return allocated to Income In the period
Net movements In the perlod
204,914
204,914
at 31 March 2024
Trust for investment
1,700,0
1,700,000
1,138,285
2,838.285
Unapplied totsl return
1,138,285
1,138,285
1,700,000
Costs of ralsln8 funds
Unrestyirted Endowment
funds funds general
2024
2024
Totsl
Unrestrlrted Endowment
funds funds Eeneral
2023
2023
Total
2024
2023
Raisin8 donatlons and les•c5es
Staff dlrert
117,346
121,841
702,468
92,697
6,974
1,041,326
105,619
6,569
117.346
121,841
702,468
92,697
6,974
1,041,326
105.619
22.978
150,355
3,761
485,682
2,825
1.712
644,335
49,303
4,748
150.355
3,761
485,682
2,825
1,712
644,535
49,303
21,545
stsff support
Other direct
other support
Governance
Other tradln8 artivitles
Investment management costs
Totsl cost of ralsln8 funds
16N09
16.797
1.153,514
16A09
1,169,923
698,386
16,797
715,183
35

PLANTUFE INTERNATIONAL-THE WILD PLANT CONSERVATION CHARITY
Annual Report and Con501idated Financlal Ststements for the year ended 31 March 2024
Notes to the Financial Statements conilnued
Charitable actlvltles
Unrestrlcted
funds
2024
Restritted
funds
2024
Total
Unrestrlcted
funds
2023
Restricted
funds
2023
Totsl
2024
2023
Conser¥atlon actlvlties
Reserves management
Conservation action
276,447
692,085
82,877
1,051,409
278,104
ioo,oio
5.029,037
20,000
5,149,047
359,310
11.680
376,457
5,721.122
102.877
233,150
475,560
48,887
39,234
1,736,790
8,7(M)
1,784.724
566,782
4,832
272,384
2,212,350
57,587
2.542,321
596,728
13,082
Internatlonal
6,200.456
637.414
20,720
6￿58,590
757,597
29,946
8,250
Share of support costs
Share of governance costs
T<rtal conservatlon actlvltles
1,338,553
5,520,037
795,793
2,356.338
3.152,131
People enga8ernenL educatlon
and membership
Communicating and educatlng
members and the public
Share of support costs
Share of governance costs
Total people engagement,
educatlon and membershlp
756.476
157,048
913,524
806,419
231,956
1,038,375
197,963
6,435
197.963
6.435
21,105
5,485
28,412
1,495
49,517
6,980
960,874
157,048
1,117,922
833,009
261,863
LO94￿72
Total cost of tharltable activitles
2,299,427
5,677,085
7.976.512
L628.802
2,618.201
4,247,003

PLANTLIFE INTERNATIONAL-THEWILD PLANT CONSERVATION CHARITY
Annv41 Report and Consolidated FIna￿￿[al Statementsfor the year ended 31 March 2024
Notes to the Flnanclal Statements contlnued
Grant maklng actlvltles
Activities Grantfunding Support costs
undertaken of activities to
dirertty Instltutlons
2024
2024
Totsl
Total
2024
2024
2023
Biodlverslty enhancement programme
1,601
3.618,503
3,618,503
72,704
71704
3,692,808
453,876
453A76
1.601
3,692W8
Plantlrfe is In the second year of Its malor blodlversity enhancement programme. During the year an additional 100.74
hectares of land have been brought into the programme, and grant funding made to enable thelr participation in a 15-year
meadow restoratlon plan wlth the object to demonstrably enhance biodiversity on the land. Material grants to institutions
made this year were..
Warren
Farni
Forder
Farni
Yelland
Farffl
Hlgher
Hurston
Fami
51ei8ht- Totsl Grant
holmedale
Payments
Payments maile in the year
Accruals for fLrture payments due
Revaluatlon of future payments due
139,725
48,285
19,377
254,385
102,087
307,935
999,157
1,752,747
1.749,487
1,858,063
1139,7251
10,953
123.577
10,953
10.953
67,662
356,472
431.512
2,751,904
3,61&503
Support costs
Sypport Governance
costs
2024
T¢)tal
Support Governance
costs
2023
Totsl
2024
2024
2023
2023
Staff costs
596,271
596.271
453,644
34,129
1,084,044
372,798
280,032
372,798
280,032
21,774
674,604
Other support
Governance costs
453,644
34,129
34,129
21.774
1.049,915
652￿30
21,774
Analysed between
Fundraising
Charitsble activities
214,538
835,377
6,974
27,155
34,129
221,512
862,532
6,585
646,245
1,712
20,062
21,774
8,297
666,307
674,604
1.049.915
1,084,044
652.830
37

PLANTUFE INTERNATIONAL-THE WILD PLANT CONSERVATION CHARrrY
Annual Report and Con501idated Financial Statements for the year ended 31 March 2024
Notes to the Flnancial Statements Contlnued
10. Donated goods. fatilities and servlces
On 29 August 2023 the trustees of The Woodmeadow Trust Itharity number 1151831, company number OW3761 1￿mT.)
elected to transfer the assets, transfer or assign leases and transfer the Intellectual property rights of the WMT to Plantlife,
having deterniined that it5 object5 would be more effecttvely fulfilled by the said transfer5. Having established that the
objects of the WMT were aligned with those of Plantlrfe, the trustees of Plantlife agreed to accept and carry on certsin of the
Wmfs a55ets and activitie5.
The assets donated to Plantlife as a result of this combination are=
Doscrlptlon
Accounting treatment
Valuation method
Valuatlon
Goodwill
No value assigned
Leasehold propertles
Land known as Three Hagges
Woodmeadow
New lease agreed
between landowner
Lease terms
Peppercorn
and Plantlife.
Fl¥ed & moveable
Polytunnel
Cabin & fixture5
Addition to Plantlife's
Net book value on
£72,394
assets
fixed assets as a
ate of transfer
Golf buggv
Buggy contalner
Tractor
donation.
Depreciation in line
with Plantlife's policv.
Shipping container
Three ongolng gr3ntfun(led
projects.
Restricted funds and
Restricted donation
Unspent balances
of project funding
£33,098
benefit of the grant
ontracts
Business names
Woodmeadow Trust
nla
No value assi8nÈd
NIL
Business information
Subject to privacy policies, access
to list5 of benefactors. members,
supporters and on8oin8 funding
initiatives
nla
No value assigned
NIL
Business intellectual
Reglstered and unregistered
trademarks.
nla
No value assigned
NIL
property rights
Web domain name and Social
media accounts.
Third party rights
n/a
No value assigned
NIL
Plantlife urtdertook to employ 4 members of WMT staff. Inltlally for a fixèd transition period of six months, extendlng to
permanent contracts. WMT volunteers continue their activities at Three Hagges Woodmeadow. Their contribution of 187
days1£46.8751 is included with Plantlife's volunteer figures forthe year.
At 31 March 2024the WmThad not beenfullydissolved. Al remaining cash balance5 held byWMTwill be donated to Plantlife
once dissolutlon Is completed.

PLANTUFE INTERNATIONAL-THE WILD PLANT CONSERVATION CHARITY
Annual Reportand Consolidatèd financial Statements for the year ènded 31 March 2024
Notes to the Flnanclal Statements conilnued
11. Net movement in lunds
2024
2023
Net movement In funds Is stated after charging:
Fees payable to the companvs audltor for the audlt of the flnancial statements
Depreclatlon of owned tan8lble assets
Amorti5ation of owned intangible as5et5
Operatlng lease charges
21.600
43,216
16,071
26,620
17.023
42,245
144
48,414
12. Employees and staff costs
The average number of full-time equivalent employees in the year was-
2024
number
53
2023
number
Charltable artlvlties
Generating funds
Management and administration
41
li
73
58
The average number of staff on a head count basis in the year wa$ 8312023: 691.
The aggregate remuneration comprises-
2024
2023
Wages and salarles
Social security
Pensions
2.580,938
245,662
138,187
3,784
1,967,420
193,862
105,767
Ex-gratia payments
16.160
2.96U71
2,283.209
The key management personnel of the charity comprise the trustees and the senior management team. The aggregate
employee benefit received by Plantllfe's key management personnel was £371,303 (2023.. £285,879J. None of the
trustees recelved any remuneration or other benefits from Plantlife.
At the perfod end £nil (2023.. £nill of penslon contributions had yetto be paid over by the charlty- The ex-gratia payment
relates to a termination payment for one staff member.
The number of higher paid employees wa5:
2024
Number
2023
nymber
£60,001- £70,(KIO
£110,001- £120,000
39

PLANTUFE INTERNATIONAL-THE WILD PLANT CONSERVATION CHARrrY
Annual Report and Consolldated Financial Statements for the year ended 31 March 2024
Notes to the Flnanclal Statement5 Continued
13. Net {losses)Igalns on Investments
Unrestrlrted Endowment
funds funds genernl
Z024
2024
Totsl
Unrestrlcted Endowment
fund5 funds general
2023
2023
Total
2023
Revaluation of
Investments
67,963
159,395
227.358
148,9251
1139,8841 1188,809)
14. Taxallon
Provision for corporation tax at 19% has been accrued on the taxable profits of Plantlife Trading Limited.
IS. Intanglble flxed assets- Group and Charitsble Company
Web55te
Totsl
Cost
At l April 2023
Additions
40,305
16,147
40,305
16,147
Disposals
At 31 Marth 2024
56,452
56,452
Depredatlon
At l April 2023
Charge for the year
Dlsposals
At 31 March 2024
144
144
17,023
17,023
17,167
17,167
Net bookvalue
as at 31 March 2024
39,285
40.161
39,285
40,161
as at 31 March 2023

PLANTUFE INTERNATIONAL-THE WILD PLANT CONSERVATION cHAR￿y
Annual RepDrtand Consolklated Financlal Statements for the year ended 31 March 2024
Notes to the Flnanclal Statements contlnued
16. Tanglble flxed assets- Group and Charitable Companv
rixtures and
fittin8S
Computer
equlpment
Motor
vehlcles
Total
At l April 2023
Additions
54.534
64,509
12,1691
116,874
83,304
45.568
112,7741
116,098
51,757
22,685
115.3731
59.069
189.595
132,762
130,3161
292,041
Dlsposals
At 31 March 2024
DeprecSatlon
At l April 2023
Charge for the year
Disposals
At31 March 2024
45,343
7,036
12,1701
50.209
32,866
25,7(K)
111,3171
47.249
33,947
10,480
115,3731
29,054
112,156
43,216
128,8601
126.512
Net book value
8sat31 March 2024
6&849
50,438
30,015
17.810
165.529
77,439
as at 31 March 2023
9,191
17. Herltsge assets- Group and Charttsble Company
at l April 2023 and at 31 March 2024
£1,582,805
Heritsge assets represent Nature Reserves and are recorded in the Balance Sheet atcost. In the yearto 31 March 2018, there
were additions to heritage assets totalllng £195,092. There have been no othertransactions in heritage assets In the 6 years
to 31 March 2024.
Acqulsltlon
The ownershlp of nature reserves 15 to be undertaken wlth direct reference to the fvlfilment of at least one of Plantlife's
strateglc objectives. To be considered for acquisition. acceptante or retention, a strong case from any one of the three
following crlterla must be met..
To delwer a strategic and long-term contribution to the conseNation of rare and threatened plants or fungi species,
communities and assemblages where thi5 cannot practlcally be achieved by means other than land acquisition.
To provlde a means thTOU8h which we are better able to influence the management of landscape5 that are of strategic
Importance to Plantlrfe Iprin¢lpally those within IPAS).
To generate active support for Plantlife anil plant conservation through face-to-face en8a8ement with the public and
provision of an inspirational vlsltor experien￿.
In all cases the area of the land should be considered. An area greater than 50 hectares is preferable, but small, critically
important sltes may be of interest dependent on other criterla measures. In situatlons where a parcel of land contributes or
15 contiguous to exlsting protected areas or links such areas, a smaller hectara8e wlll be more acteptsble.
41

PLANTLIFE INTERNATIONAL-THE WILD PLANT CONSERVATION CHARITY
Annual Report and Consolldated Flnanclal Statements forthè year ended 31 March 2024
Notes to the Financial Statements contlnued
17 Contlnued.
HerStage assets- Group and Charltsble Company
Where Plantlife Is acquiring the land, independent professional advice should be obtained In respect of the value of the land
and the prlce belng charged. Payment of a premium may be acceptable for lan(1 of crttical botanlcal Importance.
In all cases the on-going financial and human resource commltment requlred to manage the land must be taken into
consideration.
If the proposed 3CqUiSition is instrumental in engaging a new or broad audier¢ce with a particular focus on meeting our
equality, diversity and inclusion objectives Plantlife may from time-to-time compromise on the quality of the conservation
potential.
Dlsposol
Plantlife views Its reserves as being held in perpetuity forthe benefit of all Plantlife members and the public as places to see
and enjoy wild plants and to protect and conserve the wlld plant Interests at each site. Plantlife has no plans to dispose of
any of its reserves but if required to do so through, for example, compulsory purchase orders, would seek to ensure that
slmilar or better stsndards of management and preservation were regulred of the new owners.
42

PLANTUFE INTERNATIONAL-THE WILD PLANT CONSERVATION CHARrrY
Annual Report and Consolldated FSnancial Statementsforthe year ended 31 March 2024
Notes to the Financial Statements continued
Flxed asset Investments
Group
Cash and
settlement
pendlng
Lirted
Inveslments
Total
Cost or valua￿an
At l April 2023
Additions
3.265,540
2.359,767
98,176
11.909,7671
5.588
3,363.716
450.000
227.358
Valuation changes
Disp05als
Dlvidend and Interest Income net of fee5
221,TlO
11,845,891)
1,845,891
38,950
38,950
At31 Ma￿h 2024
4,001,186
78.838
4J)80,024
Carrylng amount
asat31 Marth 2024
4.001.186
78,838
98,176
4.080,024
3.363,716
as at 31 March 2023
3,265.540
Listed investments at fair value compri5e-.
2024
2023
UK fixed interest
498,754
132,135
323,245
2,510,966
178,868
357,218
168.326
153,187
841.016
1,467.735
198,822
436,454
Overseas fixed interest
UK equities
Intemational equities
Property
Alternatlve assets
4,001,186
3,265,540
The historical cost at the end of the perlod was £3,599,671 (2023.- £2,908,168J.
The investment consists of twofunds= Unrestricted £1,241.738 (2023.-£730.344).' and Perniahent Endowment Fund
£2.838,28512023.. £2.633,371).
Charitable Company
In addition to the group investments detailed above, the charitable company also owns 2 ordinary shares of £1
representlng 100% of the issued share capltal of Plantlife Trafiing Llmlted. See also note 33.

PLANTUFE INTERNATIONAL-THE WILD PLANT CONSERVATION CHARITY
Annual Report and Corwlldated Nnanclal Ststements for the year ènded 31 Marth 2024
Notes to the Flnanclal Statements continued
19. Finandal Instruments
Carryln8 amount of fina￿la1 instruments
Group
Total 2024 Total 2023
Charitsble Companv
Total 2024 Total 2023
Measured at
Amortised
Fair Value
Cost
Financial assets
Investments
3,529.054
3,529,054
2,099,136
1,420,817
904,816
1.043,461
1,383.742
3,529,054
2,015.056
904,816
1.007.613
1,382.733
Trade debtors
2,099,136
1,420,817
Cash at bank and in hand
1.413,716
Financial liabilities
Creditors due within one year
Creditors due after more than
one year
11,001,7021
11.(K)1,7021 1530,4441
1986.8801 1527,8751
11,601,613) 11,601,613)
192,4511
11,601,613)
192,4511
All financial assets and financial Ilabllltles quallfy as basicfinancial instruments.
Valuation methods applled
Investments are valued at the current value of invested funds.
CTedttor5 due after more than one year are valued at the present value of the future payments discounted at a
market rate of interest for a similar debt instrument a5 determined at initial recognition. The total amount payable
of £1,943.764 has been discounted at the Ur)ited Kingdom 15 Year Government Bond rate of 4.245%.
Income and eMpen5es measured at falr value through the Statement of finan¢lal artlvltles
Group and charitable company
2024
2023
Financlal Assets
Investments
Balance at l April
Interest recogni5ed in the 5totsment of financial activitie5
Investments made
904.816
41.238
2.683,C
1.290,444
14.372
3(X).000
I7[￿•,000)
904,816
Investments withdrawn
Iico,0001
3,529,054
Rnanclal Llabllltles
Creditors due after more than one year
Balance at l April
Revaluation reco8nised in the statement of financial activities
Liability recognlsed at fair value in the statement of financial activltles
192,4511
110,9531
11,498,209)
{1,601,6131
192,4511
(92,451)

PLANTUFE INTERNATIONAL-THE WILD PLANT CONSERVATION CHARrrY
Annual Report and Consolidated Financial Ststements for the year ended 31 March 2024
Notes to the Flnanclal Statements contlnued
ZO. Stock- Group and Charitable Company
Durin8 the year ended 31 March 2017 the charfty entered Into an agreement to acquire a flock of 426 sheep. The
charity owns the sheep and ha5 provided them to a farmer for the purpose of grazing the land on a nature reserve.
The flock retains its value at £42.514 f2023.' £42.514}.
21. Debtor5
Grovp
2024
Charitable Companv
2024
2023
2023
Trade debtors
2.099,136
562,249
246,239
1,043,461
876,689
52,549
2,015,056
563,866
246,239
124,965
I,￿7,613
876,931
92,549
29,909
Other debtors
Prepayment5 and accrued income
Amounts owed by Subsidiary undertaklngs
2,907,624
1.972,699
2,950.126
1,967,002
All amounts are receivable within one year from the balance sheet date.
Included within other debtors ère grants receivable of £411.166 (2023.. £342,948) and legacies recelvable of £129,242
(2023.. £532,000J.
22. Current asset Investments- Group and Charitable Company
2024
2023
Unlisted investments
3,529,054
904,816
23. Credltors,. Amountsfalllng due within one year
Group
2024
Charitable Company
2024
2023
Z023
Trade credltors
Accruals for grants payable
Accnjals and deferred income
Social security and other taxes
Other creditors
139,811
499,579
275.860
69,249
17.204
184,020
139.725
142,105
52,364
12,230
130,369
499,579
271,510
68,219
17,203
184.005
139.725
141,105
50,810
12,230
1,001,703
530,444
986,880
527.875
Accwals and deferred income includes £nil (2023.. nilj in respert of deferred incomlng resources.

PLANTUFE INTERNATIONAL-THE WILD PLANT CONSERVATION CHARITY
Annual Report and Consolidatsd Finantial 5tatementsfor the year ended 31 March 2024
Notes to the Financial Statements contlnued
24. Credltors: Amounts falllng due after m￿e than one year- Group and Charitsble Company
2024
2023
Grant payments due
1.601,613
92,451
1.601,613
92A51
Grant payments due comprise amounts in relation to the biodlverslty Improvement programme and are expected to be
pald accordlng to the following profile..
Expected date of payment
Future Cash
Payments
Due
2024
Present Value of
Future Cash
Payments Due
2024
Future Cash
Payments
Presentvalue of
Future Cash
Payments Due
2023
2023
Due later than one year and not
later than five years
Due later than five years and not
later than ten years
Due later than ten years
1,198.384
1.056.997
46.575
37,051
698.805
516,383
28.233
46.575
46,575
30.855
24.545
46,575
1.943.764
1.601.613
139.725
92,451
25. Government grants
The charity received grants from Bovernment, government agencies and similar bodies both local and national for
consetvatlon projects to the sum of £2,221,436 (2023.. E2,221,436J.
26. Retirement benefit scheme5
The charity operates a defined contrlbutlon pension scheme for all qualifying employees. The assets of the scheme are
held separately from those of the charity in an independently administered fund. The charge to profft or loss in respect
of defined contribution schemes was £138,187 (2023.. £105,767J.

PLANTUFE INTERNATIONAL-THE WILD PLANT CONSERVATION CHARrtY
Annual Report and Consolldated Flnanclal Ststements forthe yearended 31 March 2024
Notes to the Financial Statements contlnued
27. Endowment fund5- Group and Charitable Company
Endowment funds represent assets which must be held permanently by the Charity. Income arlslng on the endowment
funds can be used in accordance with the objectsof the charity and is included a5 unrestricted income. Any capital gains
or losses arising on the assets form part of the fund.
Pemianent
endowments
Balance at l April 2022
Movement In fun(Is
2.733,468
Intoming resources
Resources expended
Transfers
56,584
116,7971
Revaluations gains and losse5
Balanfe at YI Marth 2023
1139,8841
2,63$371
Movement in funds
Incomlng resources
Resources expended
Transfers
61,928
116,4091
Revaluations gains and losses
Balance at 31 March 2024
159,395
2,838,285
An amount of £7(K),000 was donated to Plantlife in 1992 by an anonymous donor and an amount of £1,221,575 was
donated to Plantlife in 2010 also by an anonymous donor. The gifts were made to the charlty on condition that they be
held as permanent endowment, the income from which is to be applied to fund the actfvities of the charity. From 14
Ortober 2017 the permanent endowment has been managed on a total return ba515. Refer to note S for more
informatlon.
47

PLANTUFE INTERNATIONAL-THE WILD PLANT CONSERVATION CHARITY
Annual Report and Con501idated Finantial Statements for the year ended 31 March 2024
Notes to the Financial Statements continued
2& Unrestrirted fvnds
The income funds of the charity include unrestricted funds comprising the following unexpended balances-
Investment
valuatlon
serve
Gernrallund
tlesl8natsd For.
Systèms &
capaclty
development
Totsl
Green
ffinarKe
Inlllatl¥e
Balance at l April 2022
Movement in funds
2,674,391
103,356
512,871
3,290.618
Incoming resources
Resources expended
Transfers
Revaluation gains and
losses
Taxatlon
2,254,374
12,209,490)
50,0001
2,254,374
12,327,187)
1117,6971
50,CQO
148,9251
148,9251
11,5541
11.5541
Balano at 31 March 2023
2,667,721
54A31
395,174
50.000
3.167.326
Movement In funds
Incoming resources
Resources expended
Revaluatlon gains and
losses
2,771,600
13,393,1621
2,771,600
13,452,941)
159,7791
67,963
67,963
Balance at 31 Marfh 2024
2.046.159
122,394
335.395
2.SS3,948
The investment valuation reserve values unrestrlcted Investments at fair value. Changes in value from initial cost are
reflected in the investment valuation reserye.
The trustees have designated certain unrestrlrted funds for specific purposes. An amount has been assigned to fund the
ongoing development of Plantlife's operatlonal systems and capacity, including the strengthening of our IT systems and
capability. £50,C(() has been allocated to begin Investlgatlons Into green finanting and its potential to contribute to the
achievement of Plantlrfe's strategic goals.

PLANTUFE INTERNATIONAL-THE WILD PLANT CONSERVATION CHARiff
Annual Report and Consolidated FFnancial Statements for theyearended 31 Marth 2024
Notes to the Flnancial Statements continued
29. Restricted funds- GTOUP and Charitable Company
The income funds of the charity include restricted funds comprising the followin8 unexpended balan￿5 of donatlons
and grants held on trust for speclfic purposes..
Nature
Land RonKombe
rèserves purtha5in8
Fami
fund
Reserves
8lodfverslty col￿rvatIOn
m¥n4ement enhan￿ment
acllon
pro8ramme
Totsl
Balance at l April 2022
Movement in fund5
1,167,532
121,019
225.000
38,933
811.056
2,363.540
Incoming resources
Resources expended
Balance at 31 March 2023
29,845
139,2331
29,545
1,057,500
2,111,616
3,198.961
1453,8761 12,125,092) 12,618,201)
603.624
797.580
2,944,300
1,167.532
121.019
225.OlXI
Movement in fund5
Incoming resources
Resources expended
Balan￿ at 31 March 2024
75,755
5,728,590
2,700.543
8,504,888
{100,0101 13,692,808) 11,884,267) 15,677.0851
5,290
1639A06
1,613,856
5,772.103
1.167,532
121.019
225,IlX)
Nature reserves
A total of 24 nature reserves are owned or leased by Plantllfe. The purchase of nature reserves is funded by grants,
sponsorship monie5 and private and publlc donatlon& Funds raised for specific reserves have been set against the full
cost of land purchase, with any surplus allocated to management or general land purchase funds, within the terms of
the appeal.
Land purchasing fund
Thlsfund comprlses monies dedicated to land purchase recelved vla public appeal or legacy that has not yet been spent.
Rans¢ombe Fami
Ranstombe Farm was acqulred by Medway Council in 2004. Medway Council wished to establish the site as a form of
untry park and Plantlife wished to secure ownership and management of the 51te to conserve the rare plants there. It
was agreed that Plantlife would acquire the freehol(I to 44 hectares for the consideration of £225.IXJO and the leasehold
to the remaining 185 hectares for a period of 25 years at a cost of £1.￿ per annum. The restricted fund comprises the
monies raised for the freehold purchase.
Reserve5 management
The terms of certain appeals, ETants and donations restricts monies raised to the maintenance and management of
specific reserves or reserves in Eeneral.
Biodlverth enhancement programme
Working on our own reserves and in partnership with other landowners, this project aims to achieve considerable
improvements to the blodiversity of various sites through the implementation of long term management
Interventions.
Con5ervatlon artion
Plantlife's conservatlon action programmes receive grants ralsed from 8overnment agencies, charitable trusts an(J
Income from specific appeals.
49

PL4NTUFE INTERNATIONAL-THE WILD PLANT CONSERVATION CHARITY
Annual Report and Con501idated financial Statements for the year ended 31 Mar¢h 2024
Notes to the Flnanclal Statements continued
30. Analysis of net assets between funds
Fund balances are represented by-
Intangbble
assets
Tanglble
Herltage InvÈ5tmèrts
assets
Cuwrent
Credltors:
a5setsl amounts due
(liabl￿tIes) after m¢Jre than
oneyear
Total
Balance at 31 March 2023
Unrestricted funds
40.161
77.439
190,273
1,392,532
730,345
2,129.108
1.644,219
3,167,326
192.4511 2,944,3
2.633,371
(92,451) 8,744,997
Restricted funds
Endowment fund
2.633,371
77,439 I,582,￿5 3.363.716 Y.773.317
Totsl
40,161
Balance at 31 March 2024
Unrestricted funds
39,285 165,529
190,273 1,241,739
1.392,532
917,122
5,981,184
2,553,948
11,601.6131 5,772,103
2.838,285
2,838,285
39,285 165,529 1.582.805 4,080,024 6.898306 11,601,613) 11,164.3J6
Restricted funds
Endowmentfund
Total
31. Operatlng lease commitments
The total future minimum lease payments under nOn-Can￿lIable operating leases in respect of property and office
equipment are as follows=
2024
2023
Expiring not later than one year
Expiring later than one year and not later than five years
Expiring later than five year5
42,245
82,127
35,785
105.248
IZ4.372
141.033
The total leasing costs duringthe year were £42,245 {2023.. £48.414.)
32. Related party dlsclosures
Nerther the trustee5 nor any persons connerted with them received any remuneratiorh during the year12023= nill. The
travel and accommodation expenses of 8 (2023.. 5) trustees to the value of £1,840 (2023.- £1,109} were relmbursed
during the year.
During the yeai Plantlife received donatlons to the value of £5,469 of which £5.130 were restricted (2023.. £1.167 of
which £510 were restricted) from its trustees. None of these donations contained any conditions that would, or might,
requlre the charity to alter slgnfflcantly the natu￿ of Its existing activities.
50

PLANTUFE INT£RNATIONAL-7HE WILD PIANT CONSERVATION CHARrrY
Annual Report and Consolldated F5nanclal Statements forthe year ended 31 March 2024
Notes to the Flnanclal Statements continued
33. Subsldlarles
At 31 March 2024 the charity had one subsldlarv..
Plantlrfe Tradlng LSmlted
02742265
Name of undertaking
Registered company number
Registered territory
Nature of busine55
England & Wales
Other professional, sclentffic and technical activities not elsewhere classifietl
Ordlnary
Class of share5 held
Percentsge shareholdlng Idirectl
After the balance sheet date, on 3rd April 2024, the charlty registered a new subsidlary company:
Plantlife Blodiversity Enhantements Llmited
15614364
Name of undertaklng
Re8lStered company number
Registered territory
Nature of busines5
England & Wales
Other professional, sclentific and technical actlvltles not elsewhere classified
Ordinary
Class of shares held
Per￿ntage shareholdlng Idirectl
51