Botanic Gardens Conservation International
(a company limited by guarantee)
Charity No. 1098834
Company No. 04673175
Report5 and Financial Statements
for the year ended
31 December 2022

Botanlc Garden5 Cgn5ervation Intematlonal
la company limited by 8ua¥anteel
Trustees, and Dlrector5' Report for the yeay ended 31 December 2022
Contents
Page
Trustees. and direGlors' report
Independent audilots. report
15
Statement of financial activities
19
Balance sheet
20
Cash flow statement
21
Notes
22

Botanic Gardens Conservation International
(a eompany limlted by guarantee)
Trustees, and DSrectors' Report lor the year ended 31 December 2022
Reference and Administrative details of the Charlty, Ils Trustees and Advisors
Name of Charlty: Botanic Gardens Conservation International (also known as BGCII
Charity registration number: 1098834
Company registration number.. 04673175
Principal office:
Descanso House
199 Kew Road
Richmond
Surrey
TW9 3BW
United Kingdom
Trustees and directors: The following were trustees and also directors of BGCI on the date the
report was approved..
Prof Stephen Blackmore- Chair
Dr Nicole Cavender (appointed 7 March 2023)
Mr Stuart Clenaghan
Ms Karen Fawcett {appointed 7 March 2023)
Mr Martin Gibson- Chair Finan￿ and Audit Committee
Dr Charlotte Grezo
Dr Ren Hai (appointed 22 November 2022)
Ms Carmel Helene Mbizvo
Ms Kirtida Mekani
Mr Michael Murphy- Chair Development Committee
HRH Prin￿SS Basma bint Ali bin Nayef
Ms Anna Quenby
Dr Maricela Rodriguez-Acosta
Dr Peter Wyse Jackson
Resigned= Dr Gerard Donnelly {13 September 20221, Sir Ghillean Prance {22 November 2022)
Deceased.. Dr Kathleen Mackinnon120 March 2023)
The directors of the charitable company are its trustees for the purpose of charity law and
throughout this report are collectively referred to as the trustees.
Company Secretary: Ms Nicole Lee
Secretsry General.. Dr Paul Smith

Botanic Gardens Consenration Intematlonal
la company limited by guarantee)
Trustees, and Directors, Report for the yeay ended 31 December 2022
Other relevant organisations:
Bankers
HSBC plc
City of London Branch
60 Queen Victorta Street
London EC4N 4TR
Barclays Bank plc
8 George Street
Richmond, Surrey
TW9 1JU
Auditors
Knox Cropper LLP
65 Leadenhall Street
London EC3A 2AD
Sollcltors
DLA Piper UK LLP
160 Aldersgate Street
London
EC1A4HT
Reglstered Offlce
Descanso House
199 Kew Road
Richmond
Surrey
TW9 3BW

Botanlc Gaidens Conservatlon Internatlonal
la company Ilmited by Buaranteel
Trustees, and Dlre¢tors' Report for the year ended 31 December 2022
structure, Governance and Manaqement
Constitution
Botanic Gardens Consetvation International was established as the Botanic Gardens Conservation
Secretariat by IUCN, the World ConseNalion Union, al the beginning of 1987. In 1990 il became a
separate entity and in 1994 changed its name to Botanic Gardens Conservation Interrbalional.
On 20 February 2003, Botani¢ Gardens conse￿allon Internatlonal (a company limited by
guarantee) was incorporated. Charitable status was granted, and with effect from 1 January 2004,
all assets. rights and liabilities were transferred from Botanic Gardens Conservation International
lo this new company. Botanic Gardens Corbsetvation International (the trust) became dormanl
from this date. Botanic Gardens Conservation International is governed by a memorandum and
articles of association and the liability of the members is limited to £10 per member.
Organlsational Structure
BGCI is governed by the Board of Trustees that meets quarterly lo guide the organisalion's work
programme and lo review management accounts, future development and other organisalional
mallers.
Day to day management of the charity is delegaled lo the Secretary General, who acts as BGCI'S
chief executive offI￿r reporting to the Board.
The charity is guided by the International Advlsory Council. The CDuncil consists of highly
respected leaders of the botanic garden and plant conseNalion community. They prc)vide te¢hnical
and SGientific guidance and advice on the strategic direclion of BGCI.
The charity has a Finance and Audit Committee which meets on a regular basis lo review and
monitor financial and risk management issues. The charity also has a Deve1opmenl Committee
which meels regularly and a Remuneration Committee and Nominations Committee which meet
on an ad hoc as required basis.
Appolntment of Trustees
New Trustees (who are also Directors of the company) can be appointed by decision of the
majority of the Trustees present and voting al any duly Consliluted meeling. The total number of
Trustees shall be not less than three.
Affiliallon
BGCI is a worldwide membership organisation.
BGCI is the guarantor for Botanic Gardens Conservation International Afrlca Llmiled which was
incorporaled on 8 October 2018 in Kenya as a Gompany limited by guarantee.
BGCI has 8 Slster organisation in the Unlted Slates of America..
BGCI US was established in 1998 and is registered as a Not for Profit Organisalion
In the State of Pennsylvania. It is tax exempl (IRS 0427 30954) and has 501 {cl 3
status.

Botanlc Gardens Conservatlon International
la company Ilmlted by guayanteel
Trustees, and Dlre¢tors' Report for the year ended 31 December 2022
Fundralslng Preference Service
BGCI is registered with the Fundraislng Preference Servi￿.
Rlsk Management
A Risk Regisler which considers the major risks facing the charity, their impact and likelihood of
Occurren￿ and identified means of mitigating the risks Is In place. The Risk Register is reviewed
on an annual basis. The Trustees are satisfied that this prO￿$S is adequate to assess the major
risks lo which the charitable Gompany is exposed.
Grants Made for Projects
BGCI'S policy on making grants is sel out in note 1{fj to the financial Statements.
Volunteers and Donated Services and Facilitie$
BGCI'S policy on the value of these services provided is set out in note 1 (il to the financial
slalements.

Botanlc Gardens Conservatlon Internatlonal
la Company Ilmlted by guarantee)
Trustees, and Dlrectors, Report for the year ended 31 December 2022
Objectives and Aclivitles
Objectives
The objectives of Botanic Gardens Conservalion International as set out in the organisation's
¢onslitution are as follows..
To promote for the public benefit the conservation and protection of plant species of the world, in
particular the cultivation and maintenance of such plants by Botanic Gardens
To promote the advancement of education of the public and vocational training and research
concerning such plants and their conservation
To gather and disseminate information on wild plants cultivated or maintained in Botanic Gardens
for the purpose of such conservation
To establish an inlernalional network of plant resources via an international database for the
purposos of such conservation
Publlc benefit
When planning its objectives 8nd 8Ctivities for the year, BGCI has considered the Charity
Commission's guidanGe on public benefit. All of the charitable activities of BGCI focus on plant
conservalion and are undertaken to further the organisalion's charitable purposes for the public
benefit.
BGCI Aims
BGCI WOFks within the eslablished business case and strategic plan for the 5 year period to
December 2025.
BGCI is in a prime position lo promote a more efficient, cost-effeclive and rational approach to
plant conservation in bolalliG gardens.
We will do this by..
Saving planls.. BGCI'S leadership role in the Global Tree Assessmelll, Global Trees
Campaign. Global Conservation Consortia, Ecological Restoration Alliance, Global Seed
Conse¥valion Challenge and International Plant Sentinel Nelwork means that we are in an
excellent position to catalyse and co-ordinate conseNation action within and beyond our
own network.
Inspirlng and leading people.. The botanic garden community is stronger together, and
greater than the sum of ils parts, in areas such as poliGy, advocacy, maintaining
professional standards and cost*ffecliveness. provided that il is effectively led and ils
actions are co-ordinated. BGCI plays a pivotal role in ensuring that this happens through
our Policy work, leadership, co-ordinating role with regional networks. membership and
convening power.
Sharing knowledge and ￿SOUrCes. Plant conservation, public engagement and botanic
garden management capacity is spread unevenly and inequitably across the globe.
Institutional capacity is particularly weak in many developing countries and biodiversity
holspols. BGCI plays a crucial role in shaiing information, knowledge and skills belween
different parts of ils network through ils databases, training and lechnical support aclivilies.

Botan1¢ Gardens Con5ervatlon Internatlonal
la company limited by guaranteel
Trustee5' and Directors, Report for the year ended 31 December 2022
Addresslng global challenges through public engagement and education.. BGCI'S
network of botanic gardens attracts hundreds of mlllions of visitors each year, and many
gardens engage their visitors on sustainability issues such as reducing carbon, water,
energy and waste. However, changing visitor behaviour related lo suslainabilily is not a
mainstream activity in the world's bolanie gardens. Despite the fact that gardens are idealty
placed to influence attitudes and behaviours, their visitors are generalty high consumers,
and shifting to more sustainable practices is consistent with their values.
Ensurlng an effectlve and resilient BGCI- BGCI'S institutional risk register itemize$
financial, governance, operational and reputational risks to the organization that are
activew managed in order to minimize any vulnerabilities. In order to ensure a robust and
resilient organization, further work is required in some areas of BGCI'S business, including
communications. fundraising, sustainability, IT infraslTuclure, data protection, Heallh and
Safety, and regulatory compliance.
Saving Plants
The Global Tree Assessment has now completed red list assessments for 70¥0 of the
world's tree species. This is the largest red listing project ever undertaken.
Global Tree Assessment data is being used to identify Key Blodiverslty Areas and
proteGled areas for situ conservation.
BGCI-led projects ale conserving more than 120 threatened tree species, working with
over 125 partner organisations
BGCI'S Tree Conservation Fund, focusing on threatened tree species for biodiversity and
livelihoods, is being Irialled in the emerging markel of biodiversity credits aimed at
corporates and civil society.
We further developed BGCI'S Global Conservatlon Consortia to coordinate ConSe￿at￿on
action for priority taxonomic groups. These now comprise eight different Consortia with 284
participating inslilulions.
Significant funding {£2.7 million) was secured for the Global Blodlverslty Standard- the
first biodiversily-specific certification aimed at assessing impads on biodiversity in tree-
planting and restoration programmes. GBS hubs have been established in Brazil, Peru,
India, Madagascar, Kenya and Uganda. and the methodology has been lesled on a wide
range of sites.

Botanic Gardens Conservatlon Inteinatlonal
la company limited by guarantee)
Trustees, and Directors, Report for the year ended 31 December 202Z
Insplrlng and Leadlng People
BGCI membership grew from 67210 731 institutions, an increase of 8.8%.
BGCI'S 7th Global Botanic Gardens Congress was held in Melbourne, Australia and
hosted by the Royal Bolanic Gardens, Victoria and the Botanic Gardens of Australia and
New Zealand (BGANZ). 504 people from 36 countries allended the conferenre, which was
entitled "Influence and Action= botanic gardens as agents of change."
BGCI helped lo organise and sponsored attendance at a range of regional botanic garden
meetings in 2022, including Eurogard IX (Hungary, May 20221, the Red SudamÈric2na de
Jardines Botanicos virtual meeting (May, 20221, the 22nd AETFAT Congress (Zambia, July
20221 and the Botanical Bridges Conference (Bahamas. November 2022).
BGCI'S International Advisory Councll was strengthened significantly, with new members
joining from Africa, the Caribbean and China.
Sharing Knowledge and Resources
BGCI engaged with >27,000 people through training, capacity building workshops,
webinars, technical talks and non-spe¢ialisl talks in 2022. 26,200 people joined webinars.
669 attended training workshops and 228 attended online training courses in 2022.
Working with RBG Victoria and the Climale Change Alliance of Botanic Gardens. BGCI
launched the Cllmate Assessment Tool (CAT) al 7GBGC in September. The CAT
provides guidance on the likely suttability of tree species under predicted future climale
sGenarios of a selected location.
BGCI launched Iwo new plant material exchange tools in 2022. Plantshare enables the
responsible exchange of living plant material (cuttings, seeds, whole plants, pollen, etc.)
between botanic gardens, lo facililale backing up of important collections, share material
between institutions, and use valuable material for conservation and research purposes.
ndex Semlnum is an online platform for responsible seed exchange. Both tools include
the following novel features..
search and filler facilities such as.. scientific name, famiw, garden, accession details
or compliance regulations
bulk upload function and checks for data standards and default values
taxon names checked against references
message mechanisms belween donor and requesting gardens
BGCI'S Global Botanic Garden Fund awarded 34 grants to 31 institutions in 24 different
tsunlries lotalling $75,200 in 2022.
In addition, BGCI'S Ukralne Botanic Garden Appeal, in partnership with th8 Us-based
Part￿e[ShipS for Nature, r8ised nearty $100,000 for 10 botanlc gardens in Ukraine.
In total. BGCI disbursed c. £1.9 million in gr2nt8 and contracts to its members and other
organisations in 2022.

Botanic Garden5 Conservation Internatlonal
la company limited by guarantee)
Trustees, and Directors, Report for the year ended 31 Detemher 2022
Addressing Global Challenges through Public Engagement and Education
wth support from the Garfield Weston Foundation, BGCI worked with two UK botanic
g8rdens to deliver the Suslainability Challenge Pilot project. This project aimed to create
small-scale challenges thal allow botanic garden visitors lo contribute to climate change
goals and tum sustainabilily engagement into collective conservation action.
Ensuring an Effective and Resilient BGCI
BGCI continued lo improve BGCI'S Membership Platform, Sheep CRM, with further
integrations with Gardensearch, Ihe BGCI Accreditation Scheme and the Global Botanic
Garden Fund.
In 2022 BGCI raised over £6 million in multl-year project funding.
BGCI featured in news stories in the New York Times, the Guardian and Naturp, and saw
an increase in both growth and engagement across all active social platforms (Twitter,
Instagram, Facebook) compared to 2021.
io

Botan1¢ Gardens Conservatlon Internatlonal
la company Ilmlted by guarantee)
Trustees, and Dirertors, Report for the year ended 31 December 2022
Financial Revlew and Reserves
The transactions of the charity are summarised on page 19 of the financial slalements, with further
details of re8tricl&d funds Iransaclions in note 17 on page 32.
The Qharity in common with many other similar charities receives ils donalion and grant income
with fluctuations In timing and frequency. Payments are dependent on a number of factors such as
the preference and cash flow of funders. the completion of work and the submission of repotts. In
some cases funding is provided in advance of work and in other cases the charity pre-finances
exp2nditur2. Some funding is provided through medium term agreements while other funding has
shorter agreemenls or is one off in nature. All of these factors contribute lo the need for the
charity to hold unrestricted reserves. At the year-end net assets and total funds showed a surplus
of £1,101,414 {2021 £1,070,856) which was made up of restricted funds of £601,177 {2021
£625,744) and unrestricted funds of £500,23512021 £445,1111- In 2022 the trustees aimed to hold
unrestricted funds in Ihe order of £500,000 and this aim was met. We will continue lo monitor the
level of resetves throughout the year and will review the policy on an annual basis.
In 2022 the activities and balance sheet of BGCI Afrtca had grown lo the extent that rt8 results are
now consolidated into the BGCI group accounts for the first lime. BGCI Africa's income statement
and assets and liabilities and comparatives for 2021 are summarised in Note 12.
The trustees continue to monitor the impact of COVID-19 on all aspects of the charity, including
restrictions and delays lo conservation activities, and we are proactively managing associated
risks. All staff have continued working, both at home and in the office, and travel lo projecls and
conferences is back lo pre-pandemic levels. We conlinue lo work closely with our overseas
partners and there has been very little impact on projects beyond delays to timing.
Investment Policy and Performance
The trustees updated their inveslmenl policy during 2018. They appointed an irjvestment advisor,
Ralhbone Unit Trust Management, lo guide their decision-making consislenl with the aim of
growing surplus capital wÈth a reasonable income and with a balanced or medium altitude to
investment risk. Sufficient cash is to be retained in eurrent and deposit accounts to provide for the
regular expenditure associated with the charity.
BGCI invested £200,000 during 2018 in Ralhbone's Core Investment Fund for Charities. Income
in 2022 was £5,22812021 £4,812). The valuation at 31 December 2022 was £217,229 {2021
£247,764) reflecting economic headwinds driven by the pandemic, war in Ukraine, the Us-china
Irade war and the climate crisis. BGCI aims lo be a long lemi investor with these surplus funds.
li

Botanlc Gardèns Conservatlon Internatlonal
la Company Ilmlted by guarantee)
Tru5tees' and DiYector5' Report for the year ended 31 December 202Z
Plans for Future Periods
BGCI'S mission is to mobilise bot8nic g8rd&ns and eng8ge partners in secunng p18nt diversity for
the well-being of people and the planet. The underlying assumption behind this mission statement
is thal by growing. innuencing and empowering our membership {and partnerships), we can better
conserve plant diversity, encourage people to live in an environmentally sustainable way and
provtde benefits for people as well as the ecology of Ihe planel.
BGCI'S five-year goal is that more than 1000 botanical organisations in our network will be playing
a critical role in preventing plant species exlinGlions and creating a more sustainable planet. Our
work towards achievement of the goal can be broken down into the following work streams.
Savlng plants
BGCI'S leadership role in Ihe Global Tree Assessment, Global Trees Campaign, Global
COnSe￿allOn Consortia, Ecological Resloralion Alliance, Global Seed Conservation
Challenge and Intemational Plant Senlinel Network means that we are in an excellenl
position lo catalyse and co-ordinate conSe￿atiOn action within and beyond our own
network.
During 2023, BGCI will complele Ihe Global Tree Assessment and develop projects and
partnerships that maximise the use of GTA data, knowledge and expertise for conseNation
planning and action.
We will run projects conserving more than 100 Ihreatened tree species, working with over
125 partner organisations.
Develop and tesl the methodology for the Global Biodiversity Standard aimed al tree-
planting and restoration projects for carbon sequestration and livelihoods.
Continue to grow the Global Botanic Garden Fund to support the plant conservation
activities of small botanic gardens in biodiv8rsity rich areas.
Insplrlng and leadlng people
The botanic garden commLEnity is stronger together, and greater than the sum of ils parts in
areas such as policy. advocacy. maintaining professional standards and cost-
effectiveness, provided that il is effeclively led, and its actions are co-ordinated. BGCI
plays a pivotal role in ensuring that this happens through our policy work, leadership, co-
ordinaling role with regional networks, membership and convening power.
During 2023. we will further develop BGCI'S Global con￿rVation Consortia to coordinate
conservation action for priorily taxonomic groups.
We will work with the Global Partnership for Plant Consewation, the CBD Secretartal and
Parties to the Convention lo ensure that key elements of the posl~2020 Global Strategy
for Plant Conservatlon are adopted by Parties posl-2020.
We will strengthen BGCI'S International Advlsory Councll through formal links with, and
representation of, all major rÈgional botanic garden networks.
We will recognize outstanding contributions lo plant conseyvalion, environmental
sustainability and public engagement through a BGCI medal and awards conferred on
inspirational individuals.
12

Botanlc Gardens Conservation Inteynatlonal
la company Ilmlted by guarantee)
Trustees, and Dlrectors, Report for the year ended 31 December 2022
We will strengthen BGCI'S botanlc garden leadershlp and management support
services in at least five regions Ihrough formal technical support, Iraining, advisory, and
consultancy services.
Vve will prepare for the 8 Global Botanic Garden Congress in Singapore in September
2024.
Sharing knowledge and resources
Plant conservalion, public engagement and botanic garden management capacity is
spread unevenly and inequitably across the globe. Institutional capacity is particularly weak
in many developing countrie5 and biodiversity hotspots. BGCI plays a crucial role in sharing
information, knowledge and skills belween different parts of its network through its
databases, training and technical support activities.
During 2023, we will share data from the Global Tree Portal with policymakers and tree
conservation plallners and practitioners, providing tree conservation prioritisation
information species by species and country by counlry.
Significantly inGrea$e adoption of BGCI'S Accreditation Scheme by working with national
and regional associations of botanic gardens.
Launch BGCI'S second generation Gardensearch and Plantsearch databases,
including a collections pedigree 'studbook' tool and a propagation protocol tool.
Complete and publish a BGCI Technlcal Review on the use of botanic garden alld
arboretum collections in supporting conservation and sustainable development research.
Secure and dlsburse at least £2 million in support of planl conservation projects carried
out by BGCI'S partners and members (double 2020 levels).
Addressing global challenges through public engagement and education
BGCI'S network of bolanic gardens allracts hundreds of millions of visitors èach year, and
many gardens engage their visitors on sustainability issues such as reducing carbon,
water, energy and waste. However, changing visitor behaviour related lo sustainability is
not a mainslream activity in the world's botanic gardens. Despite the fact that gardens are
ideally placed to influence attitudes and behaviours, Iheir visitors are generally high
consumers, and shifting lo more sustainable practices is consistent with their values.
Ensurlng an effectlve and reslllent BGCI
BGCI'S instilulional risk register itemizes financial, governance, operational and
repulalional risks to the organization that are actively managed in order to minimize any
vulnerabilities. In order to ensure a robust and resilient organizalion, further work is
required in some areas of BGCI'S business, including communications, fundraising,
sustainability, IT infraslruclure, data prolection, Health and Safety, and regulatory
compliance.
Continue to Improve BGCI'S Membership Platform, SheepCRM, with further integrations
with Gardensearch, the BGCI Accreditation Scheme, and the Global Botanic Garden Fund.
Re¢rult addltional senior staff to build BGCI'S consetwalion and botanic garden SeNi￿S
workstreams.
Secure and disburse BGCI'S press coverage and social medla following in orderto
support plant conservation, sustainabilily. and fundraising efforts.
13

Botan1¢ Gardens Conservatlon Intsrnatlonal
la company Ilmlted by Euaranteel
Trustees, and Dlrecttsrs, Report for the year ended 31 December 2022
Directors, and Trustees, responsibilities for financlal statements
Charity and company law require the trustees to prepare financial statements for each financial
year which give a true and fair view of the stale of affairs of the charity and of the surplus or deficit
of the charity for that period. Under company law the directors must not approve the financial
statements unless they are satisfied that they give a true and fair view of the slate of affairs of the
company and of the income and expenditure of the company for Ihat period. In preparing those
financial statements, the trustees are required to..
select suilable accounting policies and apply them consistently.,
obseNe the methods and principles in the Charities SORP.,
make judgements and estimates Ihal are reasonable and prudent-
state whether applicable UK accounting standards and stalement5 of reoommended
praclice have been followed, subject to any material departures disclosed and explained in
the fi'nancial statements.,
prepare the financial statements on a going concern basis unless it is inappropriate to
presume that the charity will continue in operation.
The trustees are responsible for mainlaining adequate accounting records which disclose with
reasonable accuracy al any lime the financial position of the charity and to enable them to ensure
that the accounts comply with the Companies Act 2006. They are also responsible for
safeguarding the assets of the charity and hence for taking reasonable steps for the prevention
and detection of fraud and other irregularities.
Statement of disclosure to audltor
(a) so far as the Iruslees are aware. there is no relevant audit information of which the company's
auditors are unaware, and
Ib) they have taken all the sleps Ihat they ought to have taken as trusle6s in ordar to make
themselves aware of any relevant audit information and to establish that the company's auditors
are aware of that information.
Small companles regime
This report has been prepared taking advantage of the exemptions for small companies within Part
15 of the Companies Act 2006.
On behalf of the Board..
Prof Stephen BlaGkmore- Trust@8
24 May 2023
14

Independent auditors, report to the members of
Botanic Gardens Conseyvation International
la company limited by guarantee)
Opinion
We have audited the financial statements ot Botanic Gardens Conservation International (the
'charitable company,) for the year ended 31 December 2022 which GompNse the Statement of
Financial Activities, the Balance Sheet, Statement of Cash Flows and notes to the financial
statements, including a summary ol significant accounting policies. The financial reporting
framèwork that has been applied in their preparation is applicable law and United Kingdom
Accounting Slandards, including Financial Reporting Standard 102 The Financial Reporting
standard appliGable in the UK and Republic of Ireland (United Kingdom Generally Accepted
Accounting Practice).
In our opinion the financial statements:
give a true and fair view of the state of the charilable compantys affairs as at 31 December
2022 and of its income and expenditure for the year then ended.,
have been properly prepared in accordance with United Kingdom Generally Accepted
Accounting Practice-, and
have been prepared in acGordance with the requirements of the Companies Act 2006.
Basis of opinion
We conducted our audit in accordance with International Standards on Auditing (UK) IISAS (UKI)
and applicable law. Our responsibilities under those standards are further described in the
Auditorfs responsibilities for the audit of the financial statements section of our report. We are
independent of the charitable company in accordance with the ethical requirements that are
relevant to our audit of the financial statements in the UK, including the Financial Reporting
Council's (FRCI Ethical Standard, and we have fulfilled our other ethical responsibilities in
accordan￿ with these requirements. We believe that the audit evidence we have obtained is
sufficient and appropriale to provide a basis for our opinion.
Conclusions relating to golng concern
In auditing the financial statements, we have concluded that the tnjstees, use of the going concern
basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not idenlified any material uncertainties relating
to events or conditions that, individually or collectively, may cast significant doubt on the charilable
company's ability to continue as a going concern for a period of at least twelve month8 from when
the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the truste8S W5th respect to going concern are
desGribed in the relevant sections of this report.
15

Independent auditors, report to the members of
Botanic Garden5 Conservation International
la company limited by guarantee)
Other informalion
The other information comprises the information included in the annual report, olher than the
financial statements and our auditors, report thereon. The Trustees are responsible for the other
inlormation.
Our opinion on the financial slatements does not cover the other information and, except to the
extent otherwise &xplicilly stated in our report, we do not express any form of assurance
conclusion thereon.
In connection with our audit of the financial statements, our responsibility 18 to read the other
information and, in doing so, consider whether the other information is materially inconsistent with
the financial statements or our knowledge obtained in the audit or otherwise appears to be
materially misstated. If we identify such material inconsistencies or apparent material
misstatements, we are required to determine whether there is a material misstatement in the
financial statements or a material misstatement of the other infomation. If, based on the work we
have performed, we conclude that there is a material misstatement of this other information., we
are required to report that fact.
We have nothing to report in this regard.
Opinlon on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit..
the information given in the Trustees, report, which includes the dire¢lors' report prep8red
for the purposes of company law, for the financial year for which the financial statements
are prepared is consistent wrth the financial statements., and
the directors, report included within the Trustees, report has been prepared in accordan
with applicable lega1 requirements.
16

Independent auditors, report to the rnembers of
Botanlc Gardens Conservation International
la company limited by guarantee)
Matters on which we are required to report by exceptlon
In the light of the knowledge and understanding of the charitable company and its environment
obtained in the course of the audit, we have not identified matertal misstatements in the directors,
report included within the Trustees. report.
We have nothing to report in respect of the following matters where the Companies Act 2006
requires us to report to you if, in our opinion..
adequate accounting records have not been kept, or returns adequate for our audit have
not been received from branches not visited by us,. or
the financial statements are not in agreement with the accounting records and returns,. or
certain disGlosures of Trustees, remuneration specified by law are not made,. or
we have not received all the information and explanations we require for our audit., or
the trustees were not entitled to prepare Ihe financial statements in accordance with the
small companies, regime and take advantage of the small companies, exemptions in
preparing the trustees, report and from the requirement to prepare a strategic report.
Responsibilities of Trustees
As explained more fully in the Trustees, Responsibilities Statement, the Trustees (who are also
the directors of the charitable company for the purposes of company law) are responsible for the
preparation of the financial statements and for being satisfied that they give a true and fair view,
and for such intemal control as the Trustees delermine is necessary to enable the preparation of
financial staternents that are free from material misstatement, whelher due to fraud or error.
In preparing the financial statements, the Trustees are responsible for assessing the charitable
company's ability to continue as a going concern, disclosing, as applicable, matters related to
going concern and using the going concern basis of accounting unless the Trustees either intend
to liquidate the company or to cease operations, or have no realistic alternalive but to do so.
Auditor's responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a
whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's
report that includes our opirtion. Reasonable assuran￿ is a high level of assurance, but is not a
guarantee that an audit Gonducted in accordance with ISAS IUKI will always detect a material
misstatement when it exists. Misstatements can arise from fraud or error and are considered
material if, individually or in the aggregate, they could reasonably b8 expected to Influen￿ the
econDmic decisions of users taken on the basis of these financial statements.
17

Independent audltors, report to the members of
Botanic Gardens Conservation International
la company limited by guarantee)
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We
design procedures in line with our responsibilities, outlined above, to detect material
misslatemenls in respect of irregularities, including fraud. The extent to which our procedures are
capable of detecting irregularities, including fraud is detailed below..
The Charitable Company is required to comply wilh both company law and charity law and,
based on our knowledge of its activities, we identified that lh8 lègal requirement to
accurately account for restricted funds was of key significance.
We gained an understanding of how the charitable company complied with its legal and
regulatory framework, including the requiremont to properly account for restricted funds,
through discussions with management and a review of the documented policies,
pro¢edures and controls.
The audit team, which is experienced in the audit of charities, considered the charitable
company's susceptibility lo material misstatement and how fraud tnay occur. Our
considerations included the risk of management override.
Our approach was to check that all restricted income was properly identified and separately
accounted for and to ensure that only valid and appropriate expenditure was charged lo
restricted funds. This included reviewing journal adjustments and unusual transactions.
A further description of our respDnsibilities for the audit of the financial statements is located on
the Financial Reporting Council's website at.. www.frc.org.uklauditorsresponsibilities. This
descriplion forms part of our auditorfs report.
Use of the audlt report
This report is made solely to the charitable company's members, as a body, in accordance with
Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken. so that we
might state to the charitable company's members those rnalters we are required to state to them
in an auditor's report and for no other purpose. To the fullest extent permTtted by law, we do not
accept or assume responsibility to anyone other than Ihe charitable Company and the charilable
company's members as a body, for our audit work, for this report or for the opinions we have
formed.
Shoaib Arshad
Senior Statutory Auditor
for and on behalf of Knox Cropper LLP
statutory Auditors
65 Leadenhall Street
London EC3A 2AD
27 June 2023
18

8otanlc Gardens Conservation International
la cornpany limited knyguaranteel
Con5011dated statement of Financial Att5vities
Ilncorporatsng an Income and Expendlture Account)
For the year ended 31 December 2022
Notes
2022
Total
2021
Total
Restrirtod Unrestrlcted
Income
Income from charitable activltles
2,429,895
321,420
2,751,315
2,165,492
Donations
141,958
45,655
187,613
173,261
Investment income
11,505
11,505
5,448
Total income
2,571,853
378,580
2,950,433
2,344.201
Expendlture
Expendlture tsn charitable actlvltles
12,596,4201 1204,5521 12,800,972) 11,942,235)
Cost of raising funds
188,369
188,3691
171,5541
Total expenditure
12,596,420) 1292,9211 12,889,341) 12,013,789)
Net Income/lexpendlturel and net
movemont in funds for the year before
losses on investments
124.5671
85,658
61,091
130,412
Net gains/lloss&gl on Investments
12
130,5341
130,5341
27,441
Net Movement in Funds
124,5671
55.124
30,557
357,853
Reconciliation of funds
Total funds brought forward
625.744
445,111
1,070,855
713,002
Transfer between fund5
Total funds carried forward
£601,177
£500.235
£1,101,412
£1,070,855
All amounts relate to contlnuing operations
There were no material recognlsed E3ln5 or losses othei. than those included In the Ealns and105ses above, and
thereftsre no separate statement of total recogni5ed gain5 and10sses h35 been presented.
19

Eotank Gardens Conservatlon Inteynatlonal
la company Ilmlted by guarants•l
Con$olldat#d Balance Sheet
Ftsrthe yoir ended 31 Dtcamber 2022
Notes
Gyoup
2022
Group
2021
Company
2022
Company
Z021
Hmed a$sets
Tanglble flKed assels
Investments
li
12
21,425
217,523
238,949
20,591
248.058
268,648
21,425
220,978
242,404
20,591
251,J13
272,103
Current 8558ts
Debtors
Cash at bank and In hand
13
63027
1,107,191
1,170,619
92,832
906,671
999,503
235,733
928,558
1,164,292
I19,1￿7
906,671
1.025,738
Llabllltles
Credllors.. amounts falllng due wlthln I yr
14
13D8,1531 1197,2951
298,904
1222,379
Nel ¢urrent assat$
862,465
802,208
865,387
803,359
Total a$s¢ts less eurrent Ilabllltles
£1,101,414 £1,070,856
£1,107,791
£1,075,462
Funds
Restricted funds
Vnrestrlcted funds
17, 19
17, 19
601,177
625,744
500,235
445,111
£1,101,412 £1,070,855
592.125
515,666
£1.107,791
625,596
449,1165
£1,075A61
These accounts have be9n prepared In accorrlan¢e wlth th8 provlslons appl*able to companles subject to the srnall
companles, reglme.
Approved by the BoaNi of Dlrertors on:
24May 2023
and sl8hed ork Its behalf by..
Professor Stephen Blackmore
20

Botaftlc Gardens Conse¥vation Internatlonal
la company Ilmited by guarantee)
Consolldated Cash Flow Statement
For the year ended 31 December 2022
statement of cash flows
NDtes
Group
2022
Group
202
Company
2022
Company
2021
Cash flows from operating activities
20
209.611
402,049
19,844
402,526
Cash flows from invostinE activitles
20
12,0011
16,3241
12,ooil
16,3251
Cash flows from financing activitie5
207,610
395,725
17,843
396,2Ql
Reconcsllatlon of Net Cash Flow to Movements In Wet Funds
Increa5elldecrea5el1n cash In the year
207,610
395,725
17,843
396,201
Cash and cash equivalents at the beginnlng of the
reporting period
906,671
518,227
906,671
518,227
Change In cash and cash equlvalents due to exchange
rate moveme¥Jts
17,r1901
17.7591
4,046
17,7591
Cash and cash eqUi￿lentS at the end of the reporting
peTiod
1,107,191
906,671
928,5GO
906,671
Analysis of cash and cash equlvalents
Group
2022
Group
2021
Company
2022
Company
2021
Cash1n bank and In hand
Deposit accounts
352,707
754,484
274,883
631,788
174,074
754,484
274,883
631,788
1,107,191
906,671
928,558
906,671
The attached notes form part of these ftnancial statements.
21

Botanic Gardens Conservalion International
la compzny limited by guarantee)
Notes formlng part of the flnancial statements
Accountlng pollcles
Accountlng convention
These flnancl81 statement5 have been prepared under the historlcal cost ctsnventlon, and
Bccordance with applicable accounting standards, the Companies Act 2006, the Charities Act 2011, the
Charlties SORP 2 IFRS 1021 and the Financial Reporting standard IFRS 1021. The prlncipal accountlng
poliae5 adopted in the preparation of the financial statements are set out below.
The Company is registered In England wSth reglstration number 04673175 and Its rebTStered office is
Descanso House, 199 Kew Road, Rlchmond, Surrey, TW9 3BW, United Kingdom.
These flnancial statements are presented in pound5 5terllng which 15 also the functional currency of
the company.
The consolidatEd flnancial statement5 comprlse a consolidation of the financial statements of Botanic
Gardens Conservation International and Its %ubsidiary, a Company limited by guarantee, Botanic
Gardens Cor)servation Internaiic>nal Africa Llmlted. The fully-ownp.d subsidlary BGCI I"rading has been
dormant Since incorporation and Is included In the con5011dated accounts at C05t.
The charlty meets the definition of a public beneflt entlty under FRS 102.
The trustees have ctsn5idèred the financial position, forecasts and ¢￿h flows of the organisation and
are sat15fied that It Is approprlate to prepare the accounts (Trn a going concern basis.
bl
Depreciatlon
Computer equipment Is depreciated at 25% per annum on a straight-line basis in order to wrlte off the
cost of the assets over thelr e5tirnated u58ful lives.
Fund accountlng
General funds are unre5trictpd funds which are available fc*r use at the dlscyetion of the tru5tEe5 In
furtherance Cbf the 8ene¥al objertives of the charity and which have not been de51Bnated for other
purposes.
Deslgnated lunds are fund5 which are established by the Board from time to tlme for Specific
purposes. They are not restricted funds and any surplus or defl¢it remaining when the fund is closed
will be transferred to or from the general funds.
Restricted funds are funds whlch are to be used in accordance wSth 5pecSflc restrictions impcised by
donors clr whleh have been raised by the charity for particular purpos￿. The aim and use of each
restricted fiJnd15 set out in note 17 to the financial statements.
dl
Income
Voluntary income includlng donatlons, Èlfts and legacies and grants that provide core financing or are
of general nature are recogn15ed where there is entitlement, certainty of receipt and the amount can
be m83sured with sufficient reliability.
Such income is only deferred when the donor speclfle5 that the grant Dr donation must only be used
In future accounting periods or the donor has imposed Eonditlon5 which must be rnet before the
charlty has uncondltlonal ontitlement,
22

Botanlc Gardens Conservatlon International
la company limlted by guayanteel
Notes forming part of the financial statements Icolltl
Investment income is recognlsed on a receivable basis.
Expenditure
Expenditure is recognised when a liablllty Is incurred.
Costs of raising funds ar& those costs Incurred in attractin8 donations 3nd grant5.
Charltable activitie5 include expenditure associatÈd with the conserv4tlon and
protection of plant species of the world including research, education and vocational
tralning and the dissemination of information.
Governance costs include those incurred In the governancè of the charity and its asset5
and are primarily associated w1th consitutional and statutory requlrements.
Support costs Include central functlons and have been allocated to activity cost
categorles Dn a basis consi5t@nt wlth the use of resources, e.g. allocating property
costs by floor areas, or per capita, st3ff costs by the time spent and other costs by their
usage.
Grants
Grants are awarded tu members or other consp.rvatlon organisatlons, who have agreed a partnership
in order to undertake direct, un-the*round plant consèrvation projects that achieve the objectives of
BGa.
gl
Penslon costs
The company operate5 a defined contribution pension scheme. Contrlbutions are charged to the
unrestrlcted fund as they be¢ome payable In accordance with the Nles of the scheme.
h)
Forelgn currency
Transactions in fDreign ctsr¥encl@s are translated Into sterling at the rate of exchange ruling at the date
f the trdnsaction. Assets and113bilktle% at the year*nd are converted Into sterling at the year-end
rate. Any loss or gain on forelgD turrency conve￿10n is chaTged to overhead expenses as incurred.
Volunteers and donated servlces and facilities
The value of 5ervlces provided by volunteers is not Incorporated into these financial statements, a5 It
is not considered $1gnlficant.
Where services are provided to the charlty as a donation that would normally be purchased from our
supplies, this contributlon Is Included In the financial statements at an estimate based on the value Of
the contrlbutlon to the charitv.
Taxation
As a registered charlty, the company is exempt from Ilablllty to UK corporation tax on tts charitable
activitie5.
Its active subsidiary BGCI Africa is a company limlted by guarantee and is liable to Kenyan corporatlon
tax on any taxable net profils.
kl
Leaslng arrangements
F(entals payable undef operatlng lease5 are charEed to the unrestricted re5etves on a 5traight-Ilne
basis over the lease term.
23

Botanic Gardens Conservatlon International
la company limited by guarantee)
Notes forming part of the flnancial statement5 Icontinuedl
Flxed asset Ihvestment5
Investments èrè a form of financlal Instrument and are initially reeDgni5ed 3t their transaction costs
nd subsequently measured at their farr value at the balance sheet date using the quoted market
price. The statement of financial activities Includes tho net gains and ID55es ari5i¥J£ on revaluation.
Cash at bank and in hand
Cash at bank and in hand Includ@s cash and short term highly Ilquid investments with 3 short maturity
of three month5 or le55 from the date of 3cqui51tion or opening of the deposit trr similar accounts.
Deferred Income
Deferred income relates to grant and contract income where the terms of the grant stipulate that the
Ircome is tD be applied in future periods.
Basis of consolidation
The Consolidated Statement of Flnancial Activities and Balance Sheet consolidate the flnancial
statements of the charity and its subsidiary, BGCI Africa, on a line byllne basis. No indlvldual SOFA 15
prepared showlng thp Charity's own result for the year as thls Is shown by way of Note 10, in
accordance with section 4D8 of the Cumpanies Act 2008.
24

BotanÈc Gardens Conservation International
la company limited by guarantee)
Notes formlng part of the financlal statements Icontinuedl
Income from charltable activitles
2022
2022
Restricted Unyestrlcted
2022
Total
2021
Total
Grants recelved
Membershlp fees
Sundry income
2,429,895
2,429,895
313,008
8,412
1,940,669
274,507
25,463
312,008
8,412
2,429,895
321,420
2,751,315
2,165,493
Donatlons
2022
2022
Restricted Unrestricted
2022
Total
2021
Total
141,958
45,655
187,613
98,115
Investment Income
2022
2021
Income dlsrrlbution from investment
Interest on cash deposlts
5,228
6,277
4,812
636
11,505
5,448
Analysls of expendÈture on charFtable artivitie5 and costs of ralslng funds
Costs of
raislng funds
Charltable
actlvlties
Support Governance
costs
costs
2022
Total
staff cost5
Grant5
Consultants and workshops
Printing and di5tributlon
Travel
Other direct costs
Rent and servlces
Admlni5tratlon costs
Depreciation & loss on dlsposal
Allocation of governance costs
Reallocatlon of support Costs
88.319
811,020
1,225,357
247,433
5,633
14Q,270
46,000
88,637
16,943
1,004,920
1,225,357
258,200
15,175
179,375
46,000
40,745
106,897
12,671
10,767
9,542
39,105
40,745
106,130
12,671
17,660
1325,2581
50
717
117,6601
325,258
88,369
2,8QO,972
2,889,342
Includ￿ In rent and services a¥e donated services of £6,00012021 £6,000).
25

Botanic Gardens Conservatlon Internatlonal
la company limlted by guarantee)
Notes formlng part of the flnancial statement Icontlnuedl
Prior ye¢7r Gompurutive
Costs of
ralsing fund5
Charltable
activities
Support Governan
Costs
osts
2021
Total
Staff costs
Grants
Con%ultant5 and workshops
Prlnting and distribution
Travel
Other direct C05tS
Rent and services
Admlnlstratloll Costs
Depreciation & loss on disposal
Allocatlon of governance costs
Reallocation of support costs
70,193
695.596
688,807
222.911
16,641
16,794
8,176
78,522
29,987
15,409
11.224
6,851
16,450
860.761
718,794
238,320
29,073
23,645
8,176
47,374
78,370
9,277
1,208
47,374
78,217
9,277
16,450
1293,3111
153
116,4501
293,311
71,554
1,942,235
2,013.788
Analysls of Eovernance and support costs
The company intially identlffes the costs of its suppnrt functlDn5. It then identifle5 those costs whleh re13te to
the governance function. Having identlfled Its governance LUSt5, the remaining support costs tLigether with
the governance costs are allocated to the cost5 of the charstable activitles.
Net incomellexpendlturel for the year
Net incomellexpendlture for the year is stated after charging..
2022
2021
Depreciation and loss on disposal
Audit fees
Non-financlal slatements audit fee
Fee5 pald to audStors fur non-audit services
12,671
6,855
9,277
6,674
1,500
1,680
26

Botanlc Gardens Conservatlon International
la company limited by guarantee
Notes forming part of the flnantial statements Icontlnuedl
Staff costs and the cost of key management personnel
2022
2021
Tot31 remuneration..
Salarles
Social secu¥itV Cts5ts
Penslckn costs
873,621
78,028
S3,271
746.017
67,031
47,713
I,￿4,92
860,761
The average nurnber of persons employed durlngthe year wa5..
2022
2021
ManaEement
Programme staff
Administration
22
17
The key management personnel of the charlty comprise the trustees, the Sec¥etary General and the other
members of the senior management team.
2022
2021
Total employment benefflts Df key management personnel
382,OSO
385,033
The number of employees whose employee beneflts lexcludlng employer pension ¢ostsl exceeded £60,000 was
2022
2021
£70,001-£80,000
Employer's pension contrlbution for the highest paid employeè
E9,371
£9,187
Trustee remuneratlon and expenses and related party transactions
No remuneration was pald to the dlrettors or trustees duringthe year. £1,161 was reimbursed to one dlrector
in 2022 for travel and acctsmmodation costs12021 £1051.
During the year, BGCI received £15,QDO as matched glvlng from The Glbsot) Trust, a ch3rltable Trust that has
one Trusteè In common. Th15 was recogn15ed a5 income in the year, but included as accrued income at a
balance of £15,000 at the year end.
No dlrector ortrustee or other person related to the Eharlty had any personal interest In any contract or
transaction entered Into by the charity during the year12021 NIL).
27

Botanic Gardens Conservation International
la company limited by guaranteel
Notes forming part of the financlal statements Icontlnuedl
io
Surplus for the fÉnancial year
As permltted by section 408 Companies Act 2Q06, Botanic Gardens Coftservation Internation31's individual
statement of Financial Activities has not been Included in these financial Statements. The surpluslldeficitl for
the ye3r 15 as follows:
2022
2021
otanic Gardens Con52rvation Internatiorjal's Individual surplus/ldeficitl for
the financial year
32,330
358,991
li
Tanglble IIKed assets
Computer equipment
Cost..
At l January 2022
Addition5 in the year
Disposals
72,967
13,506
At 31 De￿mber 2022
86,473
Depreciation..
At l January 2022
Chayge for the year
Accumulated deprecSatlon OD disposals
52,377
12,671
At 31 December 2022
65,048
Net book value..
At 31 December 2022
£21,425
At 31 DecÈmber 2021
£20,590
12
Flxed asset Investments (all group fixed assets are attributable to BGCII
Group
2022
Group
2021
Company
2022
Company
2021
Unit trusts
BGCI Trading Limited
Botanic Gardens Cons2Ivation International Africa Llmlted
217,229
294
247,763
294
217,229
294
3,455
247,763
294
3,455
£217,523
£248,058
£220,978
£251,512
28

Botanic Gardens Conservatlon International
la £ompany Ilmited by guarantee)
Notes formlng part of the financial statements leontlnuedl
Movement in unlt trusts
2022
2021
2022
2021
Value brought forward at I January
Additions to investments at cost
Net galnlllossl on revaluation
247,763
220,322
247.763
220,322
130,5341
27,441
130,5341
27,441
£217,229
£247,763
£217,229
£247,763
The unit trust Investments are carried at their fair value.
On 5th DecembÈY 2006 the company formed a IQO% subsldiary company, BGCI Tradlng knmited, reglstered In
England with regi5tratlon number 06019325. The reEiStered office is Descanso House, 199 Kew Road,
Richmond, Surrey, Twg 3BW, Llnited Klngdom. Since incorporation this company has remaSned do¥mant. The
share capital and reserves of BGCI Tradlng Llmited at 31 D￿ernber 2022 totalled £1, Thi5 investment Is ¢aYried
at cost.
On 8th October 2018 the company fo¥med a subsidiary company, Botanic Gdrdens Conservation Internatlonal
Africa Limited, re8lstered in Kenya with registratlon number CLC-VXFAEQ. The company Is limited by
guardntee and Botanlc Gardens Conservatlon InternatlDn21 Is the guarantor. Its registered addres5 Is
LR7413110, Muktrma road off Magadi Road, Nairobl, Kenya.
BGCI Afrlca Llmlted
2022
2021
Total income
Costs
Net gain5lllossesl on Investments
Other Baln51llossesl
78,499
169,5961
26,935
127,5941
110,6771
14921
Surplu51 Idefltltl for the year
11,7741
11,1511
Retained 5uipluslldèfldtl brought forward
11,1511
Retalned surpluslldeflcltl carried forward
12,9251
11,1511
Gross assets at 31 December 2022
179,849
26,935
Gross liabilities at 31 December 2022
1182,7731
128,0861
Rese¥ves at 31 De￿mber 2022
El2,9241
£11,1511
29

Botanic Gardens Conservation International
la company Ilmited hy guarantee)
Notes fomjing part of the flnancÉal statÈment5 Icontlnuedl
13
Debtor5
Group
2022
Grtsup
2021
Companv
2022
Companv
2021
Amounts due within one year..
Grants, subscriptions and donations
Amounts due from subsidi2ries
Prepayments and accrlied Income
49,844
88,646
49,844
88,646
26,235
4,186
13,583
4,186
185,889
£63,427
£92,832
£225,733
£119,067
14
Creditors
Group
2022
Group
2021
Companv
2022
Company
2021
Amounts falllng due within one year..
SBlaries and social securlty costs
AmDunt due to subsidiarles
Accrua15 and other crèditors
19,985
19,282
19,985
385
278,535
19,282
26,935
176,162
288,169
178,013
£308,154
£197,295
£298.905
£222,379
15
Operatlng lease commitments
The company is eommltted to maklng the followlng payments during the next year In respect of operating
leases, which expire In..
Land and bu51dlngs
2022
2021
Less than one ye8r
£42,271
£41,485
16
Legal status of ihe company
The company is a private company limited by guarantee and has no share capltal. The liability of each member
in the event of winding-up Is Ilmlted to £10.
30

BotanSc Gardens Conseyvation Interhatlonal
la company limited hy guarantee)
Notes forming part of the flnancial statements Icontlnuedl
17
Recontlllatlon and analysis of movement of funds
Dlrect pyolect
Income expenditure
Indlre¢t
expenses At 31 Dec 22
AtlJan22
Restricted funds
Askonas Holt
Chanticleer Soclety
Cr1tical Ecosystems Partnership
DEFRA
9,749
7,475
12221
11.933
11,834
46,390
16,208
4,881
7,475
253
151,047
7,450
31
120.785
1,834
11,062
11911
39.802
7,650
35,328
2,393
9,800
Ecosia
Etihad A4rways
EU Horlzon 2020
Flora and Fauna International
Fondatlon FTanklinla
Forestry England
Frankfurt ZooloEical Society
Friends of Westonbirt
Garfield Weston
11911
669
1,009,370
17,500
18,334
17,500
669
625,046
1,613
13,432
4,819
20.087
4,752
316,145
500,107
15,887
307
12,681
7,913
21,631
3,374
2,657
11,2851
2,161
106
200,362
14,595
28,000
21,815
2,813
2.118
14,5681
IMLS
Innovation UKRI
IUCN
Keidanren
Minnesota Landscape Arboretum
National Geographlc
Re: Wild
Rufford Foundatlon
The D3rwSn InltSative
The Kloranp Institute
The Rothschild Foundation
US Forestry Service
We5tonbirt Arboretu
561
276
1,285
35,903
4,463
14,451
1,606
8,217
738,312
872
92
6,010
18151
7,267
40,795
4,569
4,046
2,585
15,000
942,438
9.998
19,956
9,551
82
897
4,522
164,868
11,6081
13,262
17,970
352
2,500
71,925
17361
13,354
4,761
111,183
29,946
352
5,966
141
141
Anthony Hitchcock Fund
Frfends of Bedgebury Fund
Global Botanlc Garden Fund
Royal Hortl£ultural Society Fund
Small Garden Sponsor5hlp Fund
Sylvia Scholarship Fund
Stanley Smlth HoYticu5tural Trust
Tree Conservation Fund
Uk¥aine Fund
780
io
113,411
53,974
20,000
790
113,411
19,817
315
125
14,676
2,323
24,633
68,903
28,492
57,252
19.685
5,397
125
20,805
10,000
24,OlQl
2,000
8,071
7,536
58
141
iio
701
733
81,976
12,372
625,744
2,571,853
1,685,809
910,611
601,177
UnrÈstrlcted funds
General Fund
Net los% on investment
445,111
378,579
1292,9211
130,5341
s￿,235
Total
EI,070,855
E2,950,432 EI,685,809 £11,234,066)
£1,101,412
31

8otahlc Garéens Conservation International
la Company limited by guarantee)
Notes forming part of the flnancial statement5 Icontinuedl
Prior yeurcompctmtlve
Direct prolert
Income expenditure
Indirect
expense5 At 31 Dec 21
At l Jan 2021
Restricted funds
Askonas Holt
Chantlcleer Society
CHK Foundatior
Critlcal Ecosystem5 Partnership
DEFRA
Ecosia
Ernest Kleinwort Charltable Trust
Etihad Alrways
EU Horizon 2020
FondatlDll Franklinia
Frankfurt Zoo5ogicèl Society
Garfield We5tDn
IMLS
IUCN
Keidanren
MB7 Specles Con5ewation Fund
National Geographic
Rufford Foundation
The Darwin Initiative
Th? Klorane Institute
The Rothschild Foundatlon
University of Brtt15h Columbia
US Forestry Servlce
w￿tonblrt Arboretum
13,959
400
3,810
9,749
7,475
7,475
5,000
11,435
156,725
12,205
3,000
75,146
15,7321
1,120,030
5,221
50,000
3,021
1,786
20,329
s.￿0
11,3721
43,250
114,0121
110,3991
19831
91,143
371
12221
11,933
11,834
3,000
23,316
5,440
8,918
466,26Q
5,221
6,￿0
2,460
6,701
5,863
1,145
1,682
11,520
98,294
5,134
14.823
5,681
8,778
352
46,390
14,650
174,833
522,458
4,595
16,000
316,145
14,5951
28,000
561
4,915
7,003
1,145
22,531
14,202
7,267
I,ioo
,000
352,086
10,404
17,827
2,867
12,663
352
1,993
980
222,418
5,167
3,011
19,956
2.500
71,925
17361
13,354
40,551
18391
13,361
2,814
3,885
141
141
Anthony Hitchcock Fund
Global Botanic Gardèn Fund
Small Garden Sponsorship Fund
Sylvia Scholarshlp Fund
Stanley Smith Horticultural Trust
Tree Conservation Fund
20CI
37,898
125
20,705
10,000
400
780
28,492
125
2D,805
10,000
24,010
95,131
95,024
9,513
loo
27,777
4,167
333,352
2,008,012
953,327
762,293
625,744
Unrestricted funds
General Fund
Net loss on investment
379,647
336,190
1298,1671
27,441
445,111
Total
£712,999
£2,344.202
£953,327
' £1,033,019
£1,070.855
32

Botanlc fjardens Con5ervalion Internatlonal
la company limited by g￿arantee)
Note5 formlng payt of the flnancial 5tatement% Icontinuedl
18
Grants made for projects
Academia de Clencias Nlledicas Fisicas Naturales de Guatemala
Adam Micklewicz Unlversity
Addis Ababa Unlver51ty
American UnSversity of Iraq
Afrlcan Forest
Asociacion Colombiana de Herbarios
Auroville Botanlcal Garden
Baquelro Lulz
8rdckenhurst Botanical Garden
Cambridge Botanlc Garden
Centre for Highland N3tural Resour￿ Governance Research
Centre Suisse de Reeherches Scientiflques en Cote D'lvoire
Chongqing Nan5han Botanic Garden
CSIR Forest R￿e¢arCh In5tltute of Ghana
Department of National Botanic Gardens
Dr Cecilia Koo Botanic Conservation Center
Ecosia
Eye on the RainfLirest
Fundacion Progresslo
Gulxhou Botanical Garden
Greens hlodiver5ity Sanctuary
Halnan Norrnal University
Hangzhou Botanical Garden
Herbario Naclonal de Bolivia
Huarango Nature
Instituto de Ecologla
Internatlon31 Council for Research in Agroforestry
nternational Tree Foundation
Jardim Botanico Ararlba
Jardin Botanlco de Rio de Janeiro
Jardin Botanico Universitatlo IBUAPI
Kharkiv Botanic Garden
KunThlnE InstitutE of Botany
Les Cayes Botanic Garden
Llttle Envlronmental Action Foundation
Malabar Botanlc Garden
Mauritlan Wildlife Foundatlon
issouri Botsnlc Garden. Madagascar
Morton Arboretum
Mulanle Mountaln Conservation Trust
National Authority for Preah Vlhear
Orangutan Foundatlon
Oxford Botanic Garden
Perhitnpunan Ma5yarakat Etnobiologl Indon￿13
Pha Tad Ke Botanical Gardens
Plan Vivo
Provita ONG
Pwani University
11,000
1,282
18,020
14,451
1,300
10,000
27,725
6,778
29,500
7,IXIO
36,343
6.500
9,000
10,431
26,000
36,494
io,ooo
9,125
9,0
9,700
8,000
9,077
11,OOD
26,558
3,000
128,476
13,917
42,285
22,000
10,000
4,598
16,500
9,800
2,000
11,000
11,D39
16,125
3,650
54,122
48,755
6,QOO
7,500
7,000
14,600
35,691
3,44L)
5,060
33

Botan4G fjarden5 Conservation International
la Company Ilmited by guarantee)
Notes formlng part of the financial statements Icontlnuedl
Qinling National Botanical Garden
Sabah Parks
Sanya Academy
Samoa Conservation Soclety
Shanghai Botanical Garden
Society for E¢ologScal Restoration
Southern Institute of Ecology
st Andrews Unlversity
Tanzania Forest Servlce
Tooro Botanic Garden
Traffic International
Unlversidad da Estadual da Paraiba
Universlt3t Wien
Zhejiang Forest Academv
Zhejlang Agricultural & Forestry Unlversity
Zhou5han Academy of Forestry
Awards from the Global Botanlc Garden Fund
Awards from the Ukraine Appeal
Butsaries from the Royal Horticultural Society Fund
Awards less than £l,QOO
9,000
6,500
7,714
49,391
9,0(
27,173
2,000
2,500
10,500
108,854
31,127
8.054
1,829
8,000
8,000
8,000
57,249
12,372
14,000
14,252
£1,225,357
Prioryearcomparoti¥e
Addis Ababa Universlty Herbarium
African Forest
Asociacion Colomblana de Herbarios
A59ciacion para la Ninez y su Ambiente
Aurovllle Botanical Garden
Cambridge Botanlc Garden
Centre Sulsse de Recherche5 Scientifique5 en Cote D'lvoire
CSIR- Forest Research In5titure of Ghana
Oepartment of National Botanic Gardens
Dr Cecilia Koo Botanic Conservation Center
Eye on the Rainforest
Forest Research Contre, Sabah Forestry Department
FundBcion Progresslo
Groupe des Spécialistes des Plantes Malgache5
Grèens Biodlverslty Sanctuary
Hainan Unlversity
Hangzhou Botanical Gaiden
Herbario Nacion21 de Bolivla
Huarango Nature
Hunan Forest BcTrtanical Garden
Instltute for Regionèl Conservation
Instituto de Ecologia
Internatlonal Councll for Research in Agrofore5try
International Tree Foundation
Jardlm Botanico Ararlba
9,830
17,441
10,000
10,734
11,5CK)
8,000
1,000
5,500
9,(￿0
18,NO
9,000
4,000
2,0ts0
14,6881
10,000
8,000
8,000
11,000
4.940
8,00
1,496
9,017
69,751
8,373
1,321

Botanlc Garden5 Conservation International
la company limited by guarantee)
Notes forming payt of the flnancial statements Icontinuedl
Jardin Botanlco de Rlo de Janelro
Jardin Botanlco Carlos Thay5
Jardin Botanico Universitario IBUAPI
Les Cayes Botanic Garden
Lopez Group Foundation In¢
Makerere Universlty
Maurltlan Wildlife Foundatio
Mlssouri Botanlc Garden, Madagascar
Mozamblque Agricultural Research Instltute
Mulanje Mountain Conservatlon Trust
National Authorlty for Preah Vlhear
NatureFSIi
Oxford Botanic Garden
Peaks Foundatlon
Pha T3d Kè Botanlcal Gardens
Provita ONG
Qinlin£ National Botanical Garden
Roy31 Botanit Garden. Victoria
Sabah Parks
Sanya Academy
Samoa Con5ervatlon Soclety
Shenyang ArbDr@tum
Southern Instltute of Ecology
Talca Unlversitv
The Morton Arboretum
Tooro Botanlc Garden
Universitat Wien
ZhejianE Forest Academv
Zheliane Agricultural & Forestry Universlty
Zhoushan Academy of Forestry
Award5 from the Global Botanlc Garden Fund
Awards less than £l,OOQ
20,000
5,167
11,330
8,000
4,800
8,500
14,000
1891
3,500
37,571
44,311
16,500
8,000
2,949
5,0(
8,000
8,000
2,866
6,000
8,000
22,385
8,000
7,000
17,500
27,700
3,DOO
I,ooo
8,000
8,000
8,000
95,026
9,575
£688,806
19
Analysls of net asset5 between funds
Unrestricted
Restrl¢ted
Totsl
Tangible fixed asset5
Fixed ass@t investments
Cash at bank and in hand
other current assets
Current liabilities
217,523
21,425
283,439
19,276
141,4291
217,523
21,425
1,107,191
63,427
1308,1541
823,751
44,151
1266,7251
Net assets at 31 December 2022
E500,235
£601,177
EI,101,413
35

Btstanic Gardens Conservatlon International
la company limlted by guarantee)
Notes formlng part of the financial statements Itontinuedl
PrNoryeurcompurntive
UnYe5tYlcted
Re5trÈcted
Total
Tangible flxed assets
Fixed asset investments
Cash at bank and in hand
Other current assets
Current Ilabilltles
251,513
20,591
243,055
26,369
196,4161
251,513
20,591
906.671
119,067
1226,9861
663,616
92,698
1130,5701
Net assets at 31 December 2021
£445,111
£625,744 £1,070,855
20
Cash Flow Information
Group
2022
Group
2021
Company
2022
Company
2021
Net Income per Income & expenditure statement
Depreciation
Investment Income
I055 on disposal of property, plant & equipment
Decrease/llncre85el in debtors
Increa5e/ldecreasel in creditors
Change in fixed asset Investments v3luation
Unrealised currency revaluation Igainlllos5 on
monetary assets
30,557
12,671
111,5051
357.853
9,277
15,4481
32,330
12,671
111,5051
358,991
9,277
15,4481
29,405
110,859
30,534
14,842
45,207
127,4411
1116,6661
76,525
30,534
110,9011
70,288
127,4411
7,090
7,759
14,0461
7,759
Net cash inflow from operatlnE activlty
£209,611
£402,049
£19,844
£402,525
Group
2022
Group
2021
Company
2022
Company
2021
Investment income
Proceed5 from sale5 of equipment
Purchase of fixed assets
Purchase of investments
11,505
5,448
11,505
5,448
113,5061
111,7721
I￿,506)
111,7721
Net cash (used Inl inve5tln8 actlvltles
£12,001)
£16,324)
£12,0011
£16,324)
36