Botanic Gardens Conservation International (a company limited by guarantee) Charity No. 1098834 Company No. 04673175 Reports and Flnancial Statements for the year ended 31-Dec-24
Botanic Gardens Conservation International la company limited by guaranteel Trustees, and OlrectOTS' Report for the year ended 31 December 2024 Contsnts Page Trustees, and directors, report Independent auditors, report 14 Statement of financial ac*ivilies 18 Balance sheet 19 Cash flow statement 20 Notes 21
6olRnic Geidens Conservation Intern3tion¥l l¥ company limiled by 8uaranteel Trusiees, and Dlrertors, Report lor the year ended 31 December 2024 Refer•nce and Administrative detsils ol the Charity, ils Trusteos and Advlsors Nam• ol Charity. Botsnic Gardens Conservation Internatlonal (also knovm as BGCI) Ch•rlty r•gIStraOn nurnb•r. 1098834 Compffiny r•glstr•tlon numb•r: 04673175 Prlnclpal offlce.. Descer0 House 199 Kew Road Richm Surrey TW9 38W Unlted KlThJdom Trust••s and dlr•ctors: The followino wera Irustee$ 0180 dlre¢tOTS of BGCI on the date the reFQrt was approved: Dr Peter Wyse JKksw - Chalr Dr Nlcole Cavend¢T MT StU8ri Clena9h8n Ms Karen F8wc8tt Mr Martin Gib$on~ Chr Finance and Audit Commltte8 Dr Charlotte Gf020 Dr Ren Hai Ms Cam)el HeFene Mtszvo Ms KSrtid8 Mekani Mr Mlch8el Murphy- Chair Developmwrt c(mIttee HRH Princes$ Basma bini Ali t4n Nayef Dr Maricela R0dTrgU8z-A$t$ Jonathan Drori Professor Slephon Blackmore r8syn8d a6 8 direct on 19 Novembgr 2024. The direclors of thfr ¢haritsble cornp8ny are its trustees for the purpose of crity law and throughout th18 report are CollectilY referd to as Ihe Irustees. Company S•cr•tsry'. Ms Nicde Lee Se¢r•t•ry G•n•r•l.. Dr Paul Smlth
Botani£ Gard?ns ConseNation International la cornparty limited by guarantee) Trustee5' and Directors. Report for the year ended 31 Detember 2024 Othèr relevant oryani8ations: Bankers HSBC plc Ctty of London Branth 60 Queen Victoria Street London EC4N 4TR Barcfays Bank plc 1 Churchill Place London E14 5HP Auditorn Knox Cropper LLP 65 Leadenhall Street London EC3A 2AD Regl8terod Office Descanso House 199 Kew Road Richrnond SuTrey TW9 3BW
Botanic Gardèn5 Conservatlon Intèmatlonal la company Ilmited by 8uaranteel Trustees, and Dire¢tors' Report for the year ended 31 Oecember 2024 Structure. Govemance and Manaqement Constitullon Botsnic Gardens ConseTvation International was estsblished as the Botanic Gardens ConseNation Secretariat by IUCN, the World Conservation Union. al Ihe beginning of 1987. In 1990 it became a separate entity and in 1994 changed its name to Botanic Gardens Conservation International. On 20 February 2003, Botanic Gardens Conservation International {a company limited by guarantee) was incorporated. Charitable status Wds granted, and with effect from 1 January 2004, all assets, rights and liabilities were transferred from Botanic Gardens Conservalk)n Intemab'onal to this new company. Botanic Gardens Conservation Internalional (the trustl became dormant from this date. Botanic Gardens Conservation Inlemational is govemed by a memorandum and articl8s of asscciation and the liabilty of the members is limtted to £10 per member. Organl8ational StTUCturo BGCI is govemed by the Board of Trustees that meets quartety to guMJe the organi$ation'$ work programme and to r8view management accounts, future development and other organisational matters. Day to day rnanagem•nt of the charity is delegated lo the Se¢thry General. who acts as BGCI'S chief •xecutive officer reporting to the Board. The charity is guided by the International Advisory Council. The Coun1 consists of highly rospectad leaders of the botanic garden and plant conservation communty. They provide technical and scienllfic guidance and advice on the Strategic direction of BGCI. The charity has a Finance and Audit Committee which meets on a wular basis to raview and monitor financial and nsk management issues. The charity also has a Developfflent Committee which meets regularly and a Remuneration Committee and Nominations Commrttee which meet on an ad hoc 89 required basis. Appolntrnent of Trustee8 New Trustees (who are also Directors of the company) can be appointed by decision of the majority of the Trustees present arbd voting al any duly constitLrted meeting. The total numb8r of Trusts¢s shall be not ItSS than three. Afflllatlon BGCI is a worfdwide membershlp organisation. BGCI is the guarantor for Bolanlc Gardens Conservation Intemational Africa Limrted which was incorporated on 8 Odober 2018 in Kenya as a company limrted by guarantee. BGCI has a sister organisalion in the United Slat8s of America.. BGCI US was established in 1998 and is registered a3 a Not for Profrt Organlsation in the State of PennSyan*8. It is exempt IIRS 0427 309541 and has 501 Ic} 3 statug.
Botanic Gardens Conservation Internatlonal la company limited by Buarantèèl Trustees. and Dlrertors. Report forthe year ended 31 December 2024 Fundraising Preference SeNice BGCI is registered with the Fundraising Preference Service. Rlsk Management A Risk Register which considers the major risks facing the ¢harity, their impact and likelihood of Ctcuence and identified means of mrtsgating the risks is in place. The Risk Register is reviewed on an annual basis. The Trustees are satisfied that this process is adequate to assess the major risks to which the charitable company is exposed. Grants Made for Projects BGCI'S policy on making grants is set out in note 1(f) to the financial statements. Volunteers and Oonatsd Serv1¢¢$ and Fa¢llltlè8 BGCI'S policy on Ihe value of these services provided 18 Set out in note 1(1) to the financÈal statements.
Botanlc Gardens Con5ewvation International la company Ilmlted by guaranteel Trustees, and Directors, Report for the year ended 31 Decèmber 2024 Objectives and Activities Objectives The objectives of Botanic Gardens Conservation International a5 set out in the organisation's constitution are as follows.. To promote for the publlc benefft the nserVatIon and protection of plant species of the VA)rld, in particuL9r the tu1V8110n and maintenance of such plants by Botanic Gardens To promote the advancement of educth'on ol the public and vocational training and research concerning such plants and their conservation To gather and disseminate infomiation on wd plants cu0t¢d or maintained in Botanic Gardens for the purposa of su¢h conservation To establish an intemational nOtsrk of plant resources via an intemational database for the purposes of such conservation Publlc benefft Vvhen planning its objectives and actNities for the year, BGCI has considered the Charity Commission. 9uidance on public benefrt. All of the charitable aclivities of BGCI focus on plant conservatKJn and are undertaken lo further the organisation's charitable purposes for the publ benefit. BGCI Alms BGCI works thin the established business case and strategic plan for the 5 year peri(#J to December 2025. BGCI is in a prime posttion to promote a morn efficient, cost-eff8¢live and rational approach lo plant conservation in InIC garden8. We will do this by.. Savlng plants.. BGCI'S leadership role in the Global Tree Assgssmenl. Global Trees Campaign. Global Conservation Consortia. Ecological Restoration Alliance, Global Seed Conservation Challenge and Intemational Planl Sentinel Network means Ih8t we are in an excellent positson lo catalyse and ColdInate conservatKJn aciion within and beyond our own network. Insplring and leading peopl•." The botanic garden ¢ommunrty is stronger together, and greater than tha sum of its parts. in aroas such as policy. advocacy. maintaining professional standards and cost-effectiveness. prowded that rt is effectively led and ils actions are co- ordinated. BGCI plays 8 Pivotal role in ensuring th8t this h8ppen8 through our policy work, leadership, co-ordinating role wrth regional netsvorks. membership and convening power. Shgrlng knowledge and Te¥ources: Plant conseplation. public engagement and botanic garden management capacrty is spread unevenly and inequitably across the globe. Instrtutional Capacity is particularty weak in many developing countries an¢J bii)diversity hotspots. BGCI plays a Crucial role in sharing information, knowledge and skills between different parts of its nelwork through its database5, training and lechnical support aclivilies.
Botan1¢ Gardens Conserdatlon International la Company limlted by 8uarantee Trustees. and Dlrectors. Report for the year ended 31 Dember 2024 Addresslng global challenges through public engagement and education.. BGCI'S network of botanic gardens attracts hundreds of millions of visrtors each year. and many gardens engage their visrtors on sustainabilty issues su¢h as reducing carbon. water, energy and waste. However, changing visfLor behaviour related to sustainability is not a mainstream activrty in the world's t(slanic gardens. Despite the fact that gardens are ideally placed to influence attFtudes and Ixhaviours. their visitors are generally high consumers. and shifting to more sustainable practices is consistent wrth their v21ues. Ensurlng an effective and resilient BGCI: BGCI's institutional risk register itemizes financial, govemance, operational and reputational risks to the Organization that are actively managed in order to minimize any vulnerabilities. In order lo ensure a robust and resilient organizalion, further work is required in some areas of BGCI'S business. including ¢ommunications. fundraising, sustainabilty, IT infrastructure. data protection, Health and Safety, and regulatory compliance. Savlng Plants For the fiTSt tim8, over 80% of Ire88 have b88n evaluated. with the publi¢athM of the lalest IUCN Red List update showing 29% of the wortd's trea8 are at risk of extinctK)n. We launched the Global BK)dNersty Standard * COP-16 in Cobmbla, publish8d lh8 Off1*1 manual and awarded the first site certifications. including a satisfactory assessment of the storation work of Jane Goodall Institute and the Tengele Community Land Asso¢iation in Uganda. The new Voluntary Complemenlary Actions for the Global Strategy for PLqnl Conservatbn were adopted al COP-16, Providing 21 actions for the global plant con8er¥ation community to champion and contribute lo. Two new Global ConseNation Consortia, for Conifers and for Whitèbeams, Rowan$ and SeNlce Trees. have b88n established. Conservation Action Tracker now in¢ludes 1.122 Critully Endangered specie¥ The 2024 Techntsl Review fc¢used on the importance of botanic gardens In lackling the illegal plant trade. BGCI developed a Propagation Proti>col Manual off•Ting pradi¢al guldance and stfucture templates for documenting propagation methods. IPSN now includes 100 members, induding their first representatives from the Caribbean and Soulh&ast Asia. We held conservation planning workshops in Chile and Sabah, funded by Franklinia and supported by the IUCN SSC Conservation Planning Sp8Cbalist Group. the University of Concepcion and the Sabah Forestry Department. We held 3 Tree Conservat¢on Think Tank in Costs Rica. gatheryng experts and or9anisations to develop new alliances to COn5er¥e rare and endangered t$ in Central America.
Botanlc Gardens Conservation International (a company1Smlted by guarantee) Trustee5' and Dlrectors, Report forthe year ended 31 December 2024 We started proJ8Cts supporting the plarrting of more dIvee. high-quality seedlings of native tree species in laige-scale forest landscapo restoration programmes in Africa, funded by Germanvs international Climate Initiative and the UKS Da1n Innovation Inrtiative. We also ran a project to develop novel food products from native SleS in Uganda and contributed to the Darwin projed focused on growing threatened trees, resloration capacity in Cole d'lvoire's cocoa landscapgs. In China, working with Shanghai Botanical Garden and fijnded by Franklinia, we secured the future of Baohlta Yulan, an endemic Chinese Magnolia, while in Indonesia, working with Perhimpunan Masyaraka Elnobiologi Indones, we have worked to consaNe the threatened Castanopsis of Mount Halimun-salak, West Java. In Samoa, supported by the Keidanran Nature conservalion Fund and Franklinia, we have worked with the 9ovemment and the Samoa Conservation Society to implement inte9rated Conservation for some of the most endangered tree speues. Inspiring and Leading Peoplg We added 64 new members in 2024. induding three new Patron Gardens: Denver Bolanic Gardens, Massachus8tts Horti¢ultural Society and Gothenbury Botsnic Gard•n. We now number 934 members across 126 countries. Singapore Botanic Garden hosted 8GCI's Bth Global Botanic Garden8 Congre33 in August, with 950 delegates participating in panel dl8cus8ion8, tslks and interactwe workshops. BGCI hosted or organised 10 events globally vthh over 1,500 atténdees. We had 395 responses to our most recent membershlp suNey. which identified a numb8r of very useful 8CtKJns for us to focus on in 2025 in ord8r to support our members better. We were thrilled to leam how mu¢h they valued being part of an inlem8tional netrrk that supports plant conservation. Key g8theringg In 2024 included.. - the meeting of our International Advisory Council in Singapore, attended by 8 fe¢0rd 42 botanic gard8n directors from fiv¢ continents.. - attendance at the UN BthNersity COP16,' - tho in-person meeting of the European Botan Gardens Consortium al Golhenburg.. - the 2024 Botsnic81 bridges congress hosted by Jardin 8olani¢o de C8rtagena "Guillermo Pinares": - our China Project Slralegic Plannlng Workshop at Qinling Nallonal Botan1¢ Garden., - the Orchid5 and Bryophytes Conservation Workshop al Ihe Dr Cecilia Koo Botanic Con$8rvation C8ntar in Taiwan., - the Conservation Horticulture Workshop in Guatèmala. attended by partiapants from nine Mesoamerican countries.. - the first Biosecurity and Plant Health Forum hosted online by the Southeast Asia Botanic Gardens Network in conjunction wrth IPSN., - thg 2024 Crop Wild Relatives Symposium hosled by Denver Botanic Gardens.. and - the 2024 Annual Academic Conference of ChIne 8olanKal Gardens.
Botanic Gardens Conservation Intemational la company limited by guarantee) Trustees, and Dlrectors. Report for the year ended 31 D¢tember 2024 Sharing Knowledge and Resources BGCI and the Society for Ecological RestoratKJn iointty published 'The Global Biodiversity Standard: Manual for assgssmerrt and best Practi$. The manual is available in English and French and is a key milestone in the global adoption of this crucrdl standard. We distributed 57 grants worth over USD200k to 53 institutions across 28 countries through the Global Botanic Garden Fund, wth generous suppjrt from partners including the Leon Levy Native Planl Preserve and FoStry England. We delivered 18 webinars in 2024, engaging with over 900 parttcipant$. including tsvo Marsh Award ceremonies on education and conservation, as well as webinars on conservation planning. GBGF gr8nts, the Internakn'onal Plant Sentinel N8rk, The Global Biodiversity Standard, the Illegal Plant Trade and coastal restoration efforts. We also delivered 18 training workshops and expanded our online training offering by launching some ol our modules in Spanish and Frénch. In lolal we engag8d with nearly 2.800 participants through our vbinals, workshops and online training. We Celebrated a significant milestone with the award of the 100th botanic garden accreditation lo Jardim Botanico Munl¢lpal de Bauru in Brazil. We now hava 116 accredited 8olani¢ Gardens acTOSS 35 countries. As well as our long•stalished joumals. Roots and BGjoumal. we produced our first ever podcast, 'The Understorf. fo¢u$ing on CBD COP16. Addre88ing Global Challenges through Publlc Engagement and Educatlon We now have 9 education consortium memt*rs presenting six ¢onlinent$. In 2024 we launched GLOBE - the Global Learning and outreach N8fvnrk for Botanic Educators - on Linkedin. provKling a dedicated platfomi for education and public engagem8nl spec181istS 8nd professionals from botanic gardens worldwlde. We condu¢ted awaren8s8 raising activities in vtnaM around the project to protect the white- cheeked langur and its habrtat in Ihe limestone mountains of the Quang Binh province, while improving livelihoods, with a Train-the-trainer proqramme, a sch¢1 programme, a tea¢he¢$ tijolkit and awareness materials. In Malawi where we are working to dov&lop $ustslnable Ilvelihood options from the native palnls of Ihe Mount Mulane Biosphere Reserve. the education component focused on behaviour change, with radK) programmes, leadership trainlng and other activities lo engage local cornmunities with the project's key messages. In southem Tajikigtan. where we aim to protect the region's unique broadleaved forest biodiversrty, public engagement is a comerstone of the project. We have conducted workshops with local cOmmunitS to get input in order to cTrcreate outreach intervonlions Ensuring an Effective and Reslliant BGCI BGCI now has 44 staff members. located in 4 continents, with a dedicated Director of Operations and Human Resources provision, in order lo ensure that its undetying technologi¢al. gov8mance and human infrastfuclure can continue to support our increasing porfolio of projects io
Botani¢ Gardens Conservation Intematlonal la company limited by guarnnteel Trustees, and 05rectors' Report for the year ended 31 De<ember 2024 Financial Review and Reserves The transactions of the charty are summarised on page 18 of the financial siatements. th rther details of reslri¢ted funds transactions in note 17 on page 30. The charity in common with many othef similar charitie$ receives its donalhm and grant income with fluctuations in liming and frequency. Payments are dependent on a number of factors such as the preference and cash flow of fvnders, the completNJn of work and the submission of rep)rts. In some cases ft]nding is provided in advance of work and in other cases the charity pr&finances exp8nditure. Some fijnding is provided through medium temi agreements while other funding has shorter agreements or is one off in nature. Al of these factors contribute to the need for the chanty to hold unrestricted serVeS. At the year-gnd net ass&t8 and total funds showed a Surplus of £40S,647 {2023 £627.0291 which was made up of raslricted funds of £42,82012023 £207.8751 and unrestricted funds of £362,82712023 £419. 1541. In 2024 the trustees 8imed to hold unrestrictéd funds in the order of £500.000 but a shortfall In naw funding and timing differan¢8s in thé allocation of costs against existing projects. resulted in 8 £137,173 shortfall from this target. The 2025 budget continues lo target £500k unrestricted reserves by year end. Investment Policy and Perforniance Investment advisors, Ralhbone Unit Twsl Management. o)nllnued to guid8 the trugts68' declsion-making consistent with th8 alm of gTOWI'ng surplus capilal with a reasonable incom8 and wlth a balanced or medium attitude lo investment risk. Sufficient cash was to bé fetained In Current and deposit accounts to provide for the regular expendrture associated wrth the charty. BGCI inv88ted £200,1)00 during 2018 in Rathbone's C¢)re Investment Fund for charit$. Income in 2024 was £6,06012023 £6,114). The valuatson at 31 December 2024 was £237.52512023 £222,348}. In 2025 the board agreed lo liquidate thes& holding8 since our unrestricted resenies are 27% below tsrg61 levels. li
Botanlc Gardens Conservation Interna(Ma1 la company limlted by guarantee) Tru5tees' and Director5, Report lor the year ended 31 Detember 2024 Plans for Future Periods BGCI'S mission is to mobilise bOtaft g8rdens and engage partnets in s8curing plant dweIty for the well- being of p80pI8 and the planet. The undetying assurnption behind this mission ststemerrt is that by growing. influencing and empowering our membership {and partnerships), we can bettgr conseNe plant diversity, encourage people lo live in an environmentslly sustsinable way and provide benefrts for people as well as Ihe ecology of thg planet. BGCI'S five-year goal is that more than 1000 botanical organisations in our netwoth will be playing a critical role in preventing plant species extinctions and creating a more sustainable planel. Our w towards achievement of the goal can be broken down into the following work streams. Saving plants BGCI's18adeTship role in the Global Tree Asse$$ment, Global Trees Campaign. Global Conservation Consortia, Ecological Restoration Alliance, Gkjbal Seed Conservatn Challenge and Intemational Plam Sentinel Network means that we are in an excellent poslllon to catslyse and co-ordinate ¢onservalion action within and beyond our own netsyork. Th8 new 3-ye8r Fondation Franklinia Tree Conservation programme launches, across 14 countries, lo protect 60 of the wortd's most threatened tree spec$ and improve planning for 100 threatened tree species. We will continue lo 8xpand the reach and Impact of the Gk)b81 Biodiversty Standard wlth n8W hubs in France, Mexico and the Philippines, certfying assessors. delivering assessmenls and verifying biodiversity impacts ol land managemenl and restoralKJn projects globally. In•plrlng andloading p•opl& The 1 Oth European Botsnlc Gardens Congress. EUROGARD, wll tske place in September In Rome. with the theme.. "Botanl¢ gardens in the UN Oecade of Eeogystem Restoration" We will officially launch the Illegal Plant Trade Coalrtion al the IUCN Worfd Conservation Congress in Abu Dhabi in September, yth communications toolkits for so¢ial media and other oulreach materials. to raise awareness about the extinction of plants from Illlcit trado. The 9th Global Botanic Garden Congress wll be held in Chi¢8go in 2027, hosted by Ihe Morton Arboretum and Chicago Botanic Garden, focusing on the role of botanic g8rd8ns sn restoring habitats impacted by climate change. Thi5 wll be the first time the congress has been held in Norlh Amerlca in 27 years. Sharing knc•wledge and resources We will continue to offer onlin8 coufses to member institutions. with an expanded offering in 2025. available in both English and Spanish. Our popular Global Botanic Garden Fund for undor-resourd b)tanic gardens from high biodiversity areas reopens for applicatK>ns in May and September. Addr•$glng glolial challenge8 through public ongagtrment and educatlon The XXIII AETFAT Congress wll take place in Accra. Ghana in August 2025, proudly hosted by the Universty of Ghana. 11 is the ffirst time the AETFAT congress is being held in West Africa, coinciding wrth ils 75th anniversary. The Korea National Arboretum will host the 11th Intemation81 Congress on Education in Botanic Gardens, in Seoul in June. the theme of- "Education for Change.. Botanic Gardens. Role in Addressing Global Challenge5". 12
Botanlc Gardens Consewtlon Internallonal la company limited by 8uaranteel Tru5tees' and Dire¢tors' Reptyt forthe yèar ended 31 December 2024 Directors, and Trustees. responsibilitios for financlal statements Charity and company law require the trustees to prepare financial statements for each financial year which give a true and fair view of the slate of affairs of the charity and of the surplus or deficrt of the charity lor that period. Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the income and expenditure of the company for that period. In preparing those financial slatements, the trustees ar8 required to.. Select suitable accounting policies and apply them ¢onsislently,' observe the methods and principles in the Charrties SORP., make judg8menls and estimal8S that are reasonable and prudenl.. state whether applicable UK accounting standards and ststements of recommended practice have been followed. subject to any material departur85 disclosed and exp18ined in the financial stalemerrts., prepare the finanaal statements on a going COnM basi$ un It Is Inappropriate to presume that the charity will continue in operation. The Injslees are TesFK)nsible for maintaining adequatè accounting records which disclose with reasonable a¢¢uracy at any time the financial position of the charty and to enable them to ensure that the accounts comply with the Companiés Act 2006. Thay are also reswnsible for safeguarding th8 ag98ts of the Charity and hence for takin9 Teasonable steps for the PTevenllon and datection of fraud and othèr Irregulari1189. Slatement of dlsclosure to auditor lal so far a$ the Iruslees are aware. there 18 no relevant audit inft>mation of whlch the companys auditors are unaware, and Ibl they have taken all the steps that they ought to have taken as trustees in order lo make themselves awaffj of any rolovant audrt information and to establish that the companys auditors are aware of that information. Small companl•s r8glme This report has been pr8parfrJ taking advantsge of the exempts'ons for small wmpanies within Part 15 of the Companies Acl 2006. On behalf of the Board.. Dr Peter Wyse Jackso 15 May 2025 13
Independent auditor5. reporttothe members of Botanic Gardens Conservation Intemational la company Ilmlted by guarantee) Opinion We h8ve audrted the financial statements of Botsnic Gardens Conservation Intemational (the 'charitable companl) for the year ended 31 December 2024 which comprise the Statement of Financial Activities, the Balance Sheet. Statement of Cash Flows and notes to th8 financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards. induding Financial Reports'ng Standard 102 The Fin8nci81 Reporting standard 8ppIic8ble in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Praclicel. In our opinion the financial statements.. give a te and fair view of the state of the charitable Companls affairs a8 at 31 Dec8mber 2024 and of its income and expendf(ure for the year then ended. have been properly prepared in accordance with Untted Kingdom Generally Accepted Accounling Practice", and have been prepared in accordan with the requiremerrts of the Companies Act 2006. Basls of oplnlon We conducted our audit in accordance with Inlemational Standards on Auditing {UK) (ISAS (UK)) and applicable law. Our responsibilities under those standards are fvrther described in the Auditorfs sponsibilities for the audrt of the financial statements section of our report. We are independent of the charitable company in accordance wlh the ethical requirements that are relevant lo our audit of the financial ststements in the UK, including the Financial Reporting Council's IFRCI Ethical Standard, and we have fulfilled our other ethical responsibilities in aordanCe wlh these requir8ments. We believe that the audit evidence we have obtsined 18 sufficient and appropriate to provide a basis for our opinion. Conclu8lons relating to going concom In auditing the financial stslements, we have Gonduded that the trustees, use of the going concem basis of accounts.ng in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identtfied any material uncertainties relating to events or conditions that, individually or collectNely. may cast significant doubt on the charitable companys ability to continue as a going conrn for a period of at least e1ve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the trustees wtth respect to going conrn are described in the relevant sections of this report. 14
Independent auditors, reportto the rneMbe of Botanic Gardens ConseNatlon Internatlonal la company limited by guarantee) Other information The other infomiation comprises the information included in the annual report, other than the financial statements and our 8udrtors' report thereon. The Trustees are responsible for the other infomiation. Our opinion on the financial statements does not cover the other infonnation and, except to the extent othernise explicitty stated in our report. we do not express any fonn of assurance conclusion ther80n. In connection wtth our audit of the financial statements, our responsibility is to read the other infomiats'on and. in doing 50, Gonsider whether the other infomation is matenally inconsistent with the financial statements or our knowledge obtained in the audrt or otherwise appears lo bè 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 misslatem8nt of thè other information. If, based on the work we have performed, wè conclude that there is a material misstatement of this other infonnation: we a qUired to report that fact. We have nothing to report in this regard. Oplnlon on other matters prescrlbed by the Companles Act 2006 In our opinion, based on Ihe work undertaken in the course of the audit: the infomation given in the Trustees, report, which includes the d1CtOrS, report prepared for the purposes of company law. for the financial year for which the financial statements are prepared is consistent wlh the financial statements., and the directors, report included within the Tnjstees, report has been prepared in accordance with applicable legal requiremenls. 15
Independent auditors, report to the members of Botanii Gardens ConseNailon Internatlonal la company limited bv Euaranteel Matters on which we are required to report by exception In the light ofthe knowledge and understsnding ofthe charitsble company and its environment obtained in the course of the audrt, we have not identified material misstatements in the directors, report included within the Trustees, report. We have nothing to report in resped of the following matters where the Companies Act 2006 requires us lo report to you if. in our opinion.. adequate accounting records have not been kept, or retums adequate for our audit have not b88n received from branches not visited by us-, or the financial statements a not in agreement with the ar£ounting records and retums., or certain disclosures of Trustees, remuneration specffied by law are not made.. or we have not received all the infomation and explanations we require for our audit,. or the trustees were not entitted to prepare the financial statements in accordance with the small companies, regime and lake advantage ofthe small Gompanies, exemptions in preparing the trustees, report and from the requirement to prepare a strategic report. Responslbllltle8 of Trustsos As explained more fully in the Trustees, Responsibilities Statement, Ihe TTu8tee8 (who are al80 the directors of the charitable company for the purposes of company law) are responsible for th8 preparation of the financial statements and for being satisfied that they give a true and fair view. and for such internal control as the Trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement. whether due to fraud or error. In prepanng the financial statements, the Tnjstees are re5pon$ible for assessing the charitable company's ability to continue as a going concem, disclosing. as applicable, matters related to going concem and using the going concem basis of accounting unless the Trustees either intend to liquidate the company or to cease operations, or have no realisti¢ altemats've but to do 80. Auditorfs rosponslbllltles for the audit of tho financlal statements Our objectives are to obtain reasonable assurance about whether the financial statements as whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that indudes our opinion. Reasonable assurance is a high level of assurance. but Is not a guarantee that ap. audit conducted in accordan with ISAS IUK) will always delect a material misstatement when tt exists. Misstatements can arise from fraud or error and are considered material if, individually or in Ihe aggregate, they could reasonably be expected lo influence the economic decisions of users taken on the basis of these financial statements. 16
Independent audttors, report to the members of Botanlc Gardens Conservatlon Internatlonal la company limited by guarantee) Irregularities, including fraud, are InStanS of nonCoMplian with laws and regulations. We design procedures in line with our responsibiljties, outlined above, to detect material misstatements in respect of irregularities, including fraud The extent to which our procedures are capable of delecting irregulartbes, including fraud is detailed below: The Charitable Company is required to comply with both company law and charity law and, based on our knowledge of its activrbes. we identified that the legal requirement to accurately account for restricted funds was of key signrficance. We gained an understanding of how the chantable company complied with its legal and regulatory framework, including the requirement to propedy account for restricted fvnds, through discussions vAth management and a review of the documented policies, procedures and conlrols. The audit team, which is experienced in the audrt of charities, considered the charitable company's susGeptibility to rnalerial misstatement and how fraud may occur. Our considerations included the risk of management override. Our approach was to check that all restricted income was properly identifi8d and separately accounted for and to ensure that only valid and appropriate expenditure was charged lo restricted funds. This included reviewing joumal adjustments and unusual transactions. A further description of our r8sponsibiliti88 for the audit of the finanal statemènts is located on the Financial Reporting Council's yb80 at.. wvM.frc.org.ukJaudrtorsrespon8ibiliti8s. This d8S¢riPtion fomis part of our auditorfs report. Use of the audit roport This report is made solely to the charitsble Companys 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 lo the charitable company's members Ihose matter5 we are required to state to them in an auditorfs port and for no other purpose. To the fijllest extent pemitted by law, we do not accept or assume responsibilty to anyone other than the chantable company and the charitable Company's members as a body, for our audit work, for this report or for the opinions we have fomied. Shoaib Arshad Senlor Statutory Auditor for and on behalf ol Knox Cropper LLP Statutory Auditors 65 Leadenhall Street London EC3A 2AD 17
Botanic Gardens Consèrvation InternaOnal la company limited lry 8uaranteel Consolidzted StatÈmÈth of Flnanclal Artl¥ttks Ilncorporzting an Incorne and Expenditure Accountl For the year ended 31 December 2024 Notes 2024 Total 2023 Total Restricted Unrestrictsd Income Income from charitable actIvleS 2,578,493 403.306 281,799 3,044.591 Donatlons 85.125 48.356 133,481 106,244 Investment Income 16,545 16,545 21,693 Total In¢ome 2 663 617 468.207 3 172 528 Empendlturq Expenditure on thariiable aciivltles 12,828,673) 1458,6591 13,287,332) 13,564,7971 Cost of ralslng fund5 181,0531 181,0531 188,2161 Total expendlture . .12 828 673 539 712 3 368,385 3 653 013 N•t Incom•ll•xpendlturo1 n•t movement funds fof the year before losses on lThMstm•nts I16556) 171.5051 1236.561) 1480.4851 Net galnslllossesl on Investrnents 12 15,177 Nét m0Ment In Funds 1165.0561 156,3281 1221,3841 1475,3661 Rècondllatlon ol funds Total funds brou8ht forward 207,875 419.154 627.029 1.102.394 Transfer between funds Total funds ¢3rried lorward £42.819 £362 826 £405.645 £627,028 All amounts relate to tontlnu5ng operations There were no rnateTial recognised g¥ins or losses other than those Included In the galrts and losses abtsve, and therefore no separate statemenl of total reco8nised 8ain5 and losses has been presented.
Botanic Gardens Conservaan Internatlonal la company Ilmlted by guarantee) Consolidated Balan¢t Sheet For the year ended 31 December 2024 GrP 2024 Group 2023 Cornpany 2024 Company 2023 Flxed assets Tan8lble fixed assets Investments li 12 29,347 237,819 267.166 29.836 222,643 252.479 21.976 241,274 263,250 28,342 226,098 254,440 Current #sstts DebtL)rs Cash at bank and in hand 13 75.995 276.383 352,378 49,465 552,314 601,779 105,926 246,9S8 352,884 65,981 536,105 602,086 Creditors.. amounts fallin8 due wlthln l yr 14 213I971 1227.229 202.9151 222,194 Net current assets 138.481 374,550 149,969 379,892 Total ass•ts less current Ilabllftles £627 029 £413 219 £634 332 Funds Restricted funds Unrestrlcted lund5 17. 19 17, 19 42.820 362.827 20775 419,154 £627 029 42,663 310,556 £413,219 207,409 426,922 £634.331 These account5 have been prepared In accordan wlth the pro*Aslons applicable io rompanles sublea to the small companles. reglme. Approved by the Board of Dlfectors on.. IS May 2025 and slgned on Its behalf by- Dr Peter Wyse Jackson 19
Botani¢ Gardens Conservation Internat&onal la company limbted by guarantee) Consolidated Cash Flow Ststement For the year endèd 31 O•¢ember 2024 Statement of ¢a5h fk>w5 Notes Group 2024 Group 2023 C¢rnpany 2024 Compary 2023 Cash flows from operatlng actlvltie5 1279.2651 1552,0971 1297.0731 1391,5161 Cash flows from inve5tln8 activitles 20 4,771 2,950 10.842 4.793 Cash flows from flnancin8 actlvitles 1274.494 S49,1471 1286.2301 386.723 Re¢oncl1laoTr of Net Cash How to Mtyements In Net FuTh15 Increaselldecrea5el In cash In the year 1274,4941 1549.1471 1286,2301 1386.7231 Cash and cash equlvalents at the beglnnln8of the reportin8 period 552.313 1,107,191 536.104 928.558 Change In cash and cash equlvalents due to ex¢han8e rate movernent5 11.4361 15.7301 12,9171 15,7301 Cash and ¢ash equlvalents at the end ol the reportln8 period 276,383 552.314 246,957 536.105 Anatys of cash and cash •qulvalents Group 2024 Gwoup 2023 Company 2024 Company 2023 Cash in bank and in hand Deposit accounts 157,988 118,395 220.372 331.941 128.563 118,395 204,161 331,943 276,383 552,313 246,958 536,104 The attached notes form part of these financial ststements. 20
Botanlc Gardens Conservatlon Internatlob)al {a company Ilmlted by guaranteel Notes forniing part olthe financial statements Accountln8 polkles Accounts con¥entlon These financlal ststements have been ppared under the historical cost conventlon, and in accordan with applicable a¢wuntlng standards. the Companles Act 21IJ6. the Chafltles Act 2011. the Charities SORP 2 IFRS 1021 and the Financial Reporting Standard IFRS 1021. The principal accounting pollcles adopted In the preparatlon of the financlal statements are set out below. The company 15 registered in Enand with regi5traticn number 04673175 and its re8iSteYed office Is Descanso House, 199 Kew Road, Richmond. Surrry, TW9 3BW, United Kingdom. These financial statements are presented In pounds sterlin8 which is also the furKtional currency of the company. The consolldated financial statements comprise a consolidation of the financlal ststements of 8otsnlc Gardens Conservation International and its subsidiary. a company lirnited by 8uarantee, Botanir Gardens Conservation InternatSonal Africa limited. The fully-owned subsidlary 8GCI Tradin8 has been dormant since Incorpordtion and is Induded in the consolidated accounts at COSL Thls 5ubsldlary was WOLtnd up on 13 January 2025, never having traded. A new tradin8 company, 8iodiver5ity Conservatlon sei(e5 Ltd, wa5 incorporated on 4 Aprll 2024. wlth £1 of share capltal, wholly owned by BGCI. Thi5 company has not yet traded. The charlty meets the definition of a pU1C benefit entity under FRS 102. The trustees have eonsidered the financial posltlon. forecasts and cash flows of the or8anlsatlon and are satisfied that It is appropriate to prepare the attounts on • 8oln8 conorn basis. bl Deprecladon Computer equlpmeni Is depreciated at 25% per annum on a straight-line basls In order to wrbte off the cost of the a5set5 over thelr estlmated useful Ilves. Fund accountln8 General funds are unrestrirted fvnds which are awailable for use at the discretion of the trustees in furtherance of thegeneral objectives of the charity and which have nol been designated for other purposes. Deslgnated funds arefunds whlch are established by the Board from lime to tlme for spetlflc purposes. They are not restricted funds and any surplus or defiut remainin8 when the fund Is closed will be transferred to or from the general fvnd5. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by don015 orwhich have been raised by the charity for particular purposes. The aim and use of èa¢h re5trlrted fund Is set out in ngte 17 to the financial statements. Income Volunlary income indudingdonations, gifts and legacles and Brants that provide core financing or are of general nature are recognised where there 15 entiuement. certainty of reIpl and the amount can be measured with sufficlent rellability. Such Income Is only deferred when the donor 5peofies that the 8rant or donatlon must only be used in ture accountin8 periods or the donor has imposed conditions which must be met before the charity has uncondwtional entitlement. 21
Botan1¢ Gardens Conservation Irrternational la company limited by 8uarantee} Notes formlnB part of the financlal ststements Icorbtinwll Investment Income15 reco8nised on a receNable basis. Expendlture Expenditure is reeognised when a liability 15 incurred. Costs of ralsln8 funds a those costs incurred in attracbng donations and 8rants. aritable a¢tlvltles include expendlture assouated with the conservation and prolection of plant spe¢ies of the wodd Includin8 research, education and vocational trainin8 and the dissemination of inforniation. Governance costs include those inturred in the governance of the charity and its assets and a primarlly associated with consitutional and statutory requirements. support costs include central ftJnrtlon5 and have been allocated to activity cost categorles on a basls consistent with the use of resource5. e.g. alloting property cosis by floor areas, or per capita. staff ¢osts by the tSme spent and other costs by their usa8e. Grants Grants are awarded to mèmbers or other conservation or8anisation5. who have a8reed a partnership in order to undertake diiect, on-the-8round plant ¢onservatlon projects that achleve the objectSve5 of BGCI. 81 Penslon cosis The cornpany operate5 a defined contributlon penslon stheme. ContrtbuUons are charged to the unrestricted fund as they become payable In accordan¢ewith ihe fules of the scheme. h) Forelln currency Transactions In forelgn currencles are translaied into sterlin8 at the rate of exchangE rulin8 at the date of the transaction. Assets and Ilabllitles at the year-end a converted Into sterlln8 at the year-end rate. Any loss or gain on foreign currency converslon is charged to overhead expenses as Incurred. Volunte•rs and dortat servic•s and fadlltles The value of services provided by volunteers is not incorporated Snto these financlal statements, as it Is not consldered si8nificant. Where services are provlded io the charlty as a donation that would normally be purthased from our supplies. thls contrlbutlon 15 Included In the finoncial statements at an estimate based on the value of the contribution to the ¢harlty. Taxatlon As a registered chartty, the company Is exempt from liability to UK Corporation tax on Its tharitable activities. It5 active subsidlary BGCI Africa is a company 5imlted rry gUÉifiintee an(1 is liable ILTr Kenydll coiporailoii tax on any taxable net profits. kl Leaslrw arrangements Rentals payable UDder operatln8 leases are Charged to the unrestricted reserves on a straight-line basis over Ihe lease term. 22
8otanlc Gardens Conservation International la company limlted by 8uaranteel Notss fomln8 Part of the Ilnandal statements Icontlnuedl Fd asset inveslments Investments are a form of finanaal instrument and are initialty recognised at their transaction cost5 and subsequently measured at thelrfalr value at the balance sheet date using the quoted market prlce. The statement of linanoal aLtivlties includes the net galns and losses arisln8 on revaluatlon. Cash at bankand In hand Cash at bank and in hand Includes cash and short temi hlghly liquld investsnents with a short maturity of three m¢nths or less from the date of acquisition or openin8 of the dep051t or similar accounts. Deferred Inclxne Deferred Income relate5 to Brant and contract Income where the terms of the grant stlpulate that the income15 to be applled In fvtyre perlods. Basls of consolldatlon The Consolidated Statement of Financial Activitie5 and Balance Sheet n$911date the financial statements tsf the ¢harlty and its subsldlary. BGCI Afrka. on a line by line basis. No Individual SOFA Is prepared showlng the Charlty's own resvlt for the year as this Is shown by way of Notè 10. In accordan wlth section 408 ofthe Companies A¢t 2CQ8. Intom• from charltabfe •rtMtle5 2024 2024 Restrlded Unr¢stwlrted 2024 Totsl 2023 Total Grants recelved Membershlp fees Sundry Income 2.568.801 2,568,801 389.486 23.511 2,664,523 353,515 26,553 389,486 13,820 9.691 2.578,493 403,306 2,981,799 3,044,591 Donatlons 2024 2024 Restrlcted Unrestrfrted 2024 Total 2023 Total 85.125 48.356 133.481 106,244 Investment income 2024 2023 Income distribution from investment Interest on cash deposlts 6,060 10,485 6.114 15.579 16,545 21,693 23
Botanlc Garders Conservation International {a company Ilmlted by guarantee) Not•sformln8 Part of the financial 5tstements (Contin1} Analysls of expendlturÈ on charrlable adlvltles and costs of raisir¥ funds Costs ol CharItse ra1 fund5 artivities Support tosts Govemance 2024 Total staff costs Grants Consultants and workshop5 Printin8 and distrlbutlon Travel Other dlrect wsts Rent and services Administration c05t5 Depreciation & loss on dlsP05al Taxatlon Allocation of governance costs Reallocation of support costs 81.053 1.051.143 1.289.301 196,7¢ 29,468 268.661 55.60S 144.928 16.539 1,293.663 1.289.301 196,706 40,638 309,228 55,605 50,104 120.177 12,762 204 11,170 40,567 $0,104 108.710 11.672 204 16.539 1383.8941 11.467 116,5391 383,894 81,053 3,287,335 3,368 388 Induded in rent and services are donated services of £6,OW12023 £6,000>. Prior yeor comporotlve Costs of rdlslni funds critable Support Governance 2023 Total Staff costs Grants Consultants and workshop5 Printing and dlstrlbution Travel Other dlrèct costs Rent and 5ervtces Administration costs Depreciation &105s on disposal Allocation of governance costs Realloiation C>$ svppor*. rosLr 88,166 969.505 1.769.068 257.960 4,437 95.370 93,348 124.102 17.348 1.199.121 1.769.068 266.974 13,29D 127,461 93,348 42,592 130,461 10.698 9.014 8,8S3 29,398 2.693 42,592 125.093 9.572 20.041 1368.6651 50 5,318 1.126 120.0411 368.665 88,216 3,564,797 3,653,013 24
Botanic Gardens Con5er¥ztion Intemational la company limlted by8uaranteel Not•s fomilhvd part of the flnanclal stemert (Contin1) alysls of8ovemance and supm costs The company Intlally Identifies the costs of Its support functions. It then identifie5 those costs whlch relate to the governance funrtlon. Havlng Identffied sts governance costs. the MaInIng SUPPOrt costs together with the ¥overnance costs a allocad io the costs of the charitsble actlvltles. Net Incomellexpenditurel forthe ye¥r Net Incomellexpenditure for the year is ststed after th3rying'. 2024 2023 Depreciatlon and loss on disposal Audlt fees Non-financial statements audlt fee Fees pald to auditors for non-auditservlce5 12.763 7.462 3,780 1,680 10,698 6,959 6,240 1,800 stsff costs and the cost of key manarnent personn 20Z4 2023 Total remuneratlon.. Salaries Social security cosis Pension costs 1.159,230 90,219 44,214 1.063.919 84,926 50,275 1.293.663 1.199.120 The average number of persons employed durin8 the yearwas: 2024 2023 Mana8ement Programme stsff Administratlon 20.3 15.9 The key management personnel of the charlty comprise the trustees. the Sectary General and the other members of the senior management team. 25
Botanlc Garden5 Conservation International la company Ilmlted guarantee) r4otes fomiltr¥ part of the financial statement{continued) 2024 2023 Total employment benefits of kry management personnel 249,224 462,924 The number of employees whose employee benefits lexdudinB emperpensIort costsl exceeded £60,LhJO was: 2024 2023 £I,001-£70,0[xj £70.001-£80,OL>J Employer's pension rnntribution foi the highest pald employee £7,362 £9,558 Trurt•• f•mun•r•tlon •nd expww and r•lated Pa transactlons No remuneration wa5 paid to the dlrertors or trustees during the year. £480 was reimbursed lo Steve Bla¢kmore In 2024 for travel and accommodation costs and £1,800 to Karen Fawcett for the ¢o5t ¢f the IAC reception at the Global Botanlc Garden5 Con8ress in Sin8apore12023 £NILI. Durfn8 the yeèr. 8GCI received £20.CtsJ as a donation from The GC Glbson Chadtable TrusL a chaTltable TNst that has one Trustee In common. This was reco8nised as Income in the year. No dlrÈctor or trustee or olher person related to the ¢harfty had any personal interest in any contract or transaction entered Into by the charity during the year12023 NIL). io Surplus for th• fbnandal year As permltted by sectlon 408 Companies Act 2LKJ6, 8olani¢ Gardens Conservatlon Internatlonal's Indlvldual Statement of Financial Actlvltles has not been induded in these f>nancial statements. The surplus1ldelicitl for the year is a5 follows.. 2024 2023 Botanic Gardens Conservailon International's Indlvldual 5urplu5lldeficitl lor the flnanclal year 221,1151 1473,460 16
Botanic Garden5 Conservation International la company limTted by guarantee) Notes forniing part ofthe finanaal stst8ments Icortinuedl li Tan8lble flmed assets Computer equiwnent C05t'. At l January 2024 Ad(litions in the year Disposa15 Gain on translatlon At 31 December 2024 105,679 11.774 537 117,990 Depreciation.. At I january 2024 Char8e for the year Accurnulated depreclotlon on d15posals Loss on translatlon At 31 December 2024 75.841 12,762 38 Net book value.. At 31 December 2024 £29,350 At 31 December 2023 É29.838 12 Flxed asset Investments (all group fixed 35set Investments are attributable to 8GCII Group 2024 Group 2023 Company 2024 Compary 2023 Unlt tTU5ts BGCI Tradin8 Llmlted Blodlver5ity Conservailon Services Limiled Botanlc Gardens Conservation International Africa Umlted 237.525 294 222.348 294 237,525 294 222.348 294 3,455 3,455 £237,820 £222,642 £241275 £226,097 Movement In unit trusts 2024 2023 2024 2023 Value brought forward at l January AdditlOn5 to investments at cost Net Bainlllos51 on revaluation 222,348 217,229 222,348 217,229 15,177 5,119 15,177 S,119 £237,525 £222,348 £237,525 £222,348 The unit trust investments are carried at theirfarrvalue. On 5th December 2LK16 the company formed a l(X)% subsidiary company. BGCI Tradin8 bmited, registered In England with registration number 06019325. The registered office 15 Descanso Hguse, 199 Kew Road. Richmond. Surreyi TW9 3BW, United Kingdom. sin incorporation thls company has remained dormant. The Sha capital and reserves OF 8GCI Trading Limited at 31 December 2023 totalled £1. This inve5trnent is carried at cost. On 13 January 2025. this company was wound down. 27
Botanic Gardens Conservation International la company Ilrnited by guarantee) Notes fOrrni part of the flnanclal staQemeb)ts Icontlnuedl On 8th October 2018 the company forned a subsidiary company. Botanic Gardens Consejvation Intemational Africa MIted. registered in Kenya with registration number CLG-VXFAEQ. The company 15 limited by guarantee and 8ot3nlc Gardens Conservation International is the guardntor. its reglstered address Is LR7413110. Mukoma Road off Magadi Ao3d, Nairoly. Kenya. On 4th April 2024 the company formed a ICQ% subsldiary company. Biodiversity Conservation Services Limited, registered in England with regisvation number 15615728. The re8iStered oifice 15 Descanso House, 199 Kew Road. Rlchmond, Surrey, TW9 38W, United Kingdom. Thls company has not yet traded. The share capital and reserves of Blodlverslty Conservation SeThices Umited at 31 December 2024 totalled £1. Thls Investment Is carrled at cost. BGCI Afrlca Llmlted 2024 2023 Total income Costs Net 8aln51llossesl on investments Other galnslllossesl 164.992 1162.4821 293,194 1302,7621 12,5751 7,663 Surplus/ Ideflcltl for the year 65 1.9051 Retained surpluslldeficitl brought forward 13,8471 11,9421 Retained surpluslldefi¢ltl ¢arrled forward 3,912 Gross assets at 31 December 36,926 18,376 Gro55 Ilabillties at 31 December 140,8381 122,2231 Reserves at 31 Decernber É13.912 3.847 13 Debto Group 2024 Group 2023 Company 2024 Company 2023 Amounts due wilhin one year: Grants, subscriptions and donatlons Amounts due from sub51(Jiaries Prepayments and accrued Income 40,861 48,121 70,792 29,931 5,202 47,771 16,866 1,343 5,202 1,343 £46,(3 £49,464 £105,925 £65,980 28
Botanic Gardens ConsèNation Inttmational la company limited by guarantee) Notes fornilng part of the flnanclal statements (continued) 14 Credltors Growp 2024 Group 2023 Company 20Z4 Company 2023 Amounts falling due within one year.. Salarles and soclal securlty costs Amount due to subsidlafles Trade credltor5 Accruals 21.030 25.178 21,030 25,178 61.930 130,936 57.031 145.019 62,038 119,847 57,011 140.CK)5 £213,896 £227,228 £202.915 £222,194 15 Op•ratln8 leas• commltments The company is committed to making the following payments durlng the next yearln respect of operat5nB leases, whlch expire In.. Land Ind bulldlngs 2024 2023 Le55 than one year £40,940 £48.123 16 LÈ8al ststus of the company The ¢ompany Ss a private company limited by Buafantee and has no share capital. The Ilablllty of each member In the event of wlndlng-up is Ilmlted ¢0 £10. 29
Botank Gardens Conservation International la company Ilmlted by 8uaranteel Notes formln8 part of the financial statements Icontlnuedl 17 Recondlbatlon and analys15 of movement of fvryls Dlrect woject IKome expendlture Indirert expenses At 31 Oec 24 AtlJan24 Restrlctéd funds Chantlcleer Society DEFRA 7.475 174.9551 1,476 75,017 7.475 135,8131 1.572.213 1,387 651,602 4.893 71.630 48.658 1.115.827 417,244 1,979 366,878 4,798 73.528 11.583 591 4,339 4.251 1.718 22.$47 4.994 8.042 IS991 5,620 14,972 100 5,584 9,547 172 Ecosia Fondation Frankllnla Frankfurt Zoological society 408.816 95 37.071 13.122 3.037 149,0751 138.9691 23,953 Illegal Plant Trade Indianap¢lis Zoo Innovallon UKRI Keldanran Lake Vlctorla Restore Leon Levy National Geographic Society Moore Foundation/NYBG Queen Mary Unlverslty London Re.. Wlld Rufford Foundatlon Scanlab TG8S and 8CS US Forestry Serylce Westonblrt Arboretum 3,628 4,341 10,376 6.125 .775 40.379 15 267 10,341 4,225 11,594 91.188 17191 19.805 9.742 2.390 15,¢ 1.5C4) 40.148 3.288 176 I,ioi 29,397 1,135 S,728 11,496 7,455 4,972 5,OC 1,400 3S,138 1,679 15741 7.938 141 Anthony Hitthcock Fund Chile Vlna de1 Mar Fund Dlsaster Recovery Fund Frlends of Bed8ebury Global Botanlc Garden Fund Royal Horticultural Soclety Fund Small Garden Sponsorship Fund Sylvia Scholarship Fund The Stanley Smith Horticultural Tru Tree Consèrvation Fund Ukraine Fund 790 179)) 18.140 3.953 Ic 91.614 15,6&J 105 2,375 3,953 48,318 1,276 315 109,885 2.350 315 125 14.796 3,883 25,490 35,922 91.769 2S,745 919 11251 9.5 3.883 5,296 575 1.317 86 25,979 1,317 207,875 2.663.620 1,843,932 984,743 42,820 Unrgstrlrted funds General Fund Net gain on investment 419.154 468,207 539,711 115,1771 362,827 Total 627.029 3.131.827 1.843,932 1,509,277 405,647
Botanic Gardens Conservation Intèrnational la company limited by 8uaranteel Notes lorniln8 part ofthe flnandal statements Icontlnuedl Prforyeorcomporutlve DlrÈrt pmlèct Income eXpendIre Indirect e¥p•ns•s At 31 Dec 23 AtlJan23 R•strkt4d funds Chantldeersoaety DEFRA Ecosla Fondatlon frankllnla ICRAF Indlanapolls Zoo Innovatlon UKRI Keldanren Leon Levy Mohame<l bln Zayed Speoes Conservatlon Fund Natlonal Geographlc Queen Mary Unlverslty London Re.. Wlld Rufford Foundatlon SnIab Tooro Botanlcal Garden US Forestry Servlce Westonblrt Arboretum 7.475 114,5S9 7,475 74,9551 1,476 75,017 1,491,533 1,342,240 6,7 579,816 3.964 6,408 895 24,321 56.811 338.807 1.534 495,251 4.308 6.691 1,333 5.546 9,744 4.035 2LX),361 14,5681 949,723 12WI 16.727 3,043 30,245 67.690 4.035 3,628 18151 9,998 10,376 1,135 9.551 3.823 32.109 915 83 1.4CiI 5,728 57.270 7.776 25.161 15121 14.706 82 4.761 7,455 4,972 1.5tsJ 1,553 16,596 352 1.553 7.049 352 7,575 7,938 141 Anthony H1h¢Ock Fund Friends ol eed8ebury Global B¢tani¢ Garden Fund Royal Horticultural Society Small Garden Sponsorship Fund Sylvia 5cholarshlp Fund The Stanley 5mlLh Hortlcultural Treè Conservatlon Fund Ukraine Fund 79) 113,411 19.817 315 125 14,676 2,323 24,633 790 109,885 2,350 315 125 14,796 3,883 25,490 3,526 86,334 76,519 7,652 120 11,5601 151 100 68,803 2.753,530 2,224,253 923,561 207,875 Unrestrltted funds General Fund Net galn on Investment 5OJ.235 418,999 505,199 15,1191 419,154 Total 1.102.394 3,172,529 2,224,253 1.423.641 627,029 31
Botanic Garden5 Conservation Intemational la company limited by guarantee) Notes forming part of the financial 5tatsmeftts lcontlnued) 18 Grants made for projects Academla de Clenclas Medicas Fisicas Naturales de Guatemala Auroville Botanical Garden, Indla Bermuda Botanical Society Bioflore Centre for Etologic31 Restoration Kenya Centre lor Highland Natural Resource Gornan Research Council of Heads of Australlan BotanSc Gardens CSIR- Forest Research Institure olGhana Echo East Africa Ec05ia Fairwild Forestry En8land Frlends of Arabuko Ganji Tabiat Green Heart of Kenv Greet)$ Biodiversity Sanctuary Gulzhou Botanical Garden Hangzhou Botanical Garden, Chlna Herbarlo Nacional de Bo113 Huaran80 Nature Peru Inabio Instltute for Ae8lonal Conservation Intematlonal Council for Research in A8roforestry IICRAFI Jardlm Botanico Arariba, BrdzII lardin Botanico CECON USAC Jardin Botanico Dr Rafael Moscoso lardln 8otanlco de Carta8en Jardln Botanico de Medellln Jardln Botanico Nacional Vlna del Mar Kivuktsni Indigenous Tree Nursery, Kenya Kulob Botanie Garden Les Caves Boianlc Garden, Haltl uttle Envlronmental Action Foundation Lopez Group Foundation Inc. Phlllppines MalHbar Botanic Gaiden Mandhari Plants Mauritian Wildlife Faundation Miami 8eath Garden Con5ervanry Mlssouri Botanic Garden. Madagascar Morton Arboretum Mulanje Mountain Conservation Trust Nanjing 8otanical Garden Natlonal Museums Kenya Oian8Utan Foundation Perhlmpunan Masyarakat Etnobiologi Indonesla Pha Tad Ke Botanical Gardens Plan Vivo Qlnling Natlonal Botanical Garden io,( 26,185 3,054 1.883 38.037 60,524 110,4CQI 18.283 4.670 60.829 9.961 6.000 4.982 76.991 2.940 10,200 12,WO 12,C(JO 3,357 28,418 1,536 1,500 122,640 39,IlJ) 3,086 3,127 3,129 3,147 25,660 2,675 11,128 9,000 10,442 2,400 11,000 3,311 13,439 3,089 17,480 4.696 86.825 10.ocM) 31.816 8.0( 8,0 5.494 39.026 Ii.OCM) 32
Botanic Gardens Conservation IntLYnational la company limited by guarantee) Notes forming part of the financial rtatements Iwntinuedl Queen Slrlklt Botanlcal Garden Thailand Royal Botanlc Garden Edlnburgh Aoyal Botanic Garden Jordan Sabah Parks Samoa Consekwation Soclety Seychelles Island Foundatyon Shanghai BG Chlna 5oclety for Ecological Restoratlon St Andrews Unlverslty Sumatra Rainforest InStite Tanzanla Forest Service Tanzanla Tree Growe Assoclatlon Tooro Bot3nlc Garden Traffic Internatlonal Cambrldge Troplcal Ralnforest Conservatlon & Research Centre Malaysia Universldad da Estadual da Paraiba Universidad de Concepclon Unlversldad Yachav Unlverslty of Oxford WeForest Wuhan Botanical Garden Yorkshlre Arboretum Zarnzam Botanic Garden Zhellang Forest Academv Zhellang Agrlcultural & Forestry Unlverslty Award5 from the Global Botanlt Garden Fund Travel bursaries Grants under £ir)X) 2,5C#) 1,8¢)J 7,CQO 15,194 1,000 12.000 30.825 2.SOO 1.650 30.399 2,335 33,658 27,588 2,500 12,880 2.OlY) 12.953 4.320 23.665 Ii,CMK) 7.000 14,987 8,000 8,000 115,362 21,000 3,524 1,289,300 Prioryeorcompqrotive Academla de Clendas Medlcas Fisicas Naturale5 de Guatemala Amerlcan Unlversrty of Iraq Asociaclon Colornblana de Herbarlos Auroville Botanical Garden, India Belize Botanie Gardens Centre for Ecological Restoratlon Kenya cent for Hlghland Natural Resource Governance Research Chongqlng Nanshan Botanic Garden Coundl of Heads of Australlan Botanlc Gardens County Government of Kilffi CSIR- Forest Research In5titure of Ghana Department of Nation31 Botanic Gardens Sri Lanka Dr Cecilia Koo Botanic Conservation Center Ecosl Energy Development Corporation Eye on the Rainforest Puerto Rico Fairwild 10.000 3,806 10.700 52.274 1,580 88,715 55.031 10.500 10.400 3.770 6.OOD 9,000 13.000 35.734 2.40D 13.180 12.714 33
Botanlc Gardens ConserVatn International {a cornpany limitèd by 8uarante•l Note5fDrrnln8 part of the finarKlal slaternents Icontinuèdl Forest Research Cent. Sabah Forestry Department FFiends of Arabuko Sokoke Forest Fundaeao Flora de Apolo a Botanica. Rio de Janeiro Fundacion PTogressio, Dominican Republic Guizhou Botanical Garden Green Heart of Kenya Greens Biodiverslty Sanctuary Hainan Nomial Unlversity Han8zhou Botanical Garden. Chlna Herbario nacional de Bolivia Huarango Nature Peru Inabio Institute for Regional ConseNatlon Institute of Jamaica International Council for Research In A8roforestry IICRAFI Intemational Tree Foundation lardim Botanico Arariba. Bra211 Jardin Botanlco Carlos Thay5 Jardin Botanico Cienfue80S Jardln 8otanico de Cartagena Jardi¢i 8otanico de Isla Vlrtorla Jardin 8otanlco de Santlago lardln Botanlco Frandsco Ja¥lerClavijero Jardln 8otanico Nacional Vina del Mar Jardlne Bolanico Univefsitario IBUAPI. Mexico Kenya Forestry Sefvlce Kivukonl Indl8enous Tree Nursery Kunmlng Institute of 8otanv Kwame Nkrumah Univer51ty of Science and Technology Les Cayes Botanic Garden, Haiti Llttle Environmental Action Foundallon Lopez Group Foundatlon Inc, Phillppines Malabar Botanlc Garden Mandhari Plants Mauritian Wildlife Foundation Mi550uri Botanic Garden, Madagascar Morton Arboretum Mulanje Mourntain Conservatlon Trust Natlonal Authority for Preach Vlhear. Cambodia National Museum5 of Kenya Oran8ulan Foundalion Osa Conservation Perhimpunan Masyarakat Etnoblologl Indonesla Pha Tad Ke Botanical Gardens Plan Vivo planta Plantlife Conservation Society Provita ONG, Venezuela Qin11ng National Botanlcal Garden Queen sirikit Botanical Garden Thailand Royal Botanic Garden Edinburgh Royal Botanic Garden5 Kew Sabah Parks Samoa Conservatlon Souety 2,400 16,348 94,117 9,500 li.c0 7.184 9.70) 1i.oDJ ii.ocx) 51.662 7.680 1.5CM) 5,287 158.714 1.605 13.625 1,199 10,900 1,486 1,060 3,209 3,179 10,000 10,000 6,711 11,796 8,000 2.500 11,750 22,436 11,280 io.ocq) 23.137 20.469 30.413 3.650 63,095 22,826 36,437 8,oon 3,082 7,000 6,150 65,056 26,737 4,000 8,000 8.000 7,250 7,050 10,500 33,416 34
8otanlc Gardens Conservation International la company limited by 8uaranteel Notes formln8 Part of the flnandal statements Icontinuedl Shanghai BG China Society for Ecologlcal Restoratlon Talca UniveIty, Chile Tanzania Forest SeThlce Tooro Botanic Garden Traffic International Cambridge Unlversldad da E5t3dual da P3ralba Unlverslty of Ashvllle Vallarta Botanlcal Gardens WeForest Yorkshire Arburetum Zhejian8 Forest Academy zhejian8 A8ricultural & Fore51ry University Zhoushan Academy of Forestry Awards from the Global 8otanic Garden Fund Awards from the Ukraine Appeal Leon Levy Bursaries Awards less than £lCiXI 11.000 [).008 1,600 s,0 142,369 48.366 7.968 4.340 3,108 16,846 4.500 8,000 9,000 8,CQO 87,532 68.803 4.736 2,492 1,769,C68 19 Analysi5 of net assets between funds Unr•strkt•d Rq5trfcted Total Tangible fixed a55ets Flxed asset investments Cash at bank and In hand Other current assets Current Ilabllltles 237.819 601 2Th),621 13,959 190,1731 237,819 29,350 276,383 75,884 1213,789 28,749 75,762 61.925 1123.6161 Net assets at 31 December 2024 £362,827 £42,820 Prloryeorcomporotlve Unre5tr1rted R•strlct Total Tangible fixed assets Fixed asset investments Cash at bank and In hand Other current 8SSèts Current liabilities 222.643 29,336 222.137 6.547 161.5091 222,643 29,836 552,313 49,465 1227,2281 500 330.176 42,918 IIG5,7191 Net assets at 31 December 2023 £419,154 £207,875 £627.029 35
Botsnic Garden5 Conservation International la company limited by Èuaranteel Notes forrnln8 part of the finarKial statementslcontlnutdl 20 Cash Flow Informatlon Group 2024 Group 2023 Comparry 2024 Company 2023 Net Income per income & expenditure statement Depreciation Investment Income Loss on dlsposal of property, plant & equipment Decreasellincreasel in debtors In¢rease/ldecreasel in creditors Change in Invesiments valuatlon Change in flxed assets on translatlon Unrea115ed currency revaluation18ainllloss on monetary assets 1221.3841 12.762 116.5451 1475.3651 10.695 121.6931 1221.1151 12.068 116.5451 1473,4601 9.981 121,6931 126.5301 113.3321 115,1771 14991 13.962 80,8921 139.9451 119.2761 115.1771 169.752 176,7101 15,1191 586 5,730 2,917 5.730 Net cash Inflow from operatln8 actlvlty 279.265 552,0971 £1297,073 £1391,5191 Group 2024 fjroup 2023 Company 2024 Companv 2023 Investment Income Proceeds from sales of equlpment Purchase ol fixed assets Purchase ol investments 16,545 21.693 16,545 21,693 111,7741 118,7431 15,7021 116,9001 Net cash (used inl Investlngactlvltles £4.771 £2,950 £10,842 £4,793 36