.'niJ ):: Professional Gardeners, Trust Financial ststements for. the year ended 31 December 2021 AB2FNUPK 2110412022 COMPANIES HOUSE A13 Company Registralion Number 04544242 Charity Number 1101169
Professional Gardeners. Trust Financial statements Year ended 31 December 2021 Conlents Pages Refereft and administrative details Chairfs statement Trustees, annual repcKt 3and4 Responsibilities of the Twstees Independent examinerfs report to the Trustees Statement of financial activities {inCLypoting the Trncome and expenditure account) Balance sheet Notes to the financial statements 9t012
Professional Gardeners Trust Reference and.administrative details Reglstsred charlty name ' Professional Gardener5' Trnst, Charity number 1101169 Company reigistration number ' 04544242 Registered office Black Sheep Bam The StreeL Boxgrove. ' Chichester. Wést Sussex. P018 00X. Trustses Sarah Wain (Chair) Simon Bagnall Rosemary Brown Michael Broin James BuCklar- ' Stephen Crisp Sheila Das George Hudson Stephen Mccallum (Appointed 27 March 2021) (Resigned 27 March 2021) '(Appointed 27 March 2021) (Appointed 27 March 2021) Mercy Morwis Natasha Gc¥)Jfellow . Thys Terblanthe Awards Manager Hon. Secretary Hon. TreasUr Independent examiner Chartered Accountant Glendower Hawley Lane Hale Bams Attrin(wn WA15 ODW COIF fund manager CCLA Investrnent Mana9errent Limited Cheapside, London. EC2V 6DZ Bankers CAF Bank, 15 lQ'ngs Hill Avenue Kings Hill West Malling ME19 4JQ Charity Bank Fosse House 182 High Street Tonbridge TN9 1BE
Professional Gardeners. Trust Chairfs statement Year ended 31 December 2021 The lingering effect of the global pandemic continues to influence Ihe charitable work of the Professional GardeneT5 Trust with canlIatIonS of courses and exams. However. despite the pandemic, just over £30.LKKI of total awards was approved of whith £21.OiJ) were distributed to 54 successful applicants. In times of rising Trnflatn and cost of livin9, the work of the Trust continues to play a vital role in the financial assistance of professional gardeners. prOfeSonal development. The trustees expect leveEs of awards to increase in 2022 and to be doser to pre covid levels. This could not have been achieved thoUt the many geneTOUS SUPPOrters of the Professional Gardeners TrusL These indude the National Gardens Scheme. the Finnis Scott Foundation. Perenniall Lironi Training Fund. the Wotshipfvl Company of Gardenets, the Mollie Salisbury Bequest. the Tanner Trust and Birkbeck Garden History Group. There have also been individual supporters WI have either donated or bequeathed rrK)ney. for which the trusl is extremely grateful. In additiM. the Trust is grateful to the Professional Gardeners Guild for their c£tinuIng support Ihrough the Annual mers1xp Levy and in raising awareness within the industry of the Tfust's work. Since the Trust started in 2004 tt has distributed well over a three hUrNfjd thousand p)unds to suSsful applicants and with an increased interest in gardening as a career, the demand for training and education will increase COTrestx)ndirvJly. Hen further donations to the Trust are aways web)rne. We believe the Trust delivers real benefits to those who wish to further their horticultural career through education and training. Thank to all ¢Jw Irustees and to the OffirS of the Profesgonal Gardeners Trust for their diligen and support Sarah Wain Chair 26 March 2022
Professional Gardeners, Trust Trustees. annual report Year ended 31 December 2021 The Trustees, who are also directors for the purposes of company law. have pleasure in presenting their reFth and financial statements of the Trust for the Ye ended 31 Dernber 2021. Trustees The Trustees during the year and up to the date of this report are listed on page 1. Objeclives and activities The Trust was established for the relief of poverty particularly (but nol limited to) by provision of scholarships, grants or other monelary awards to persons engaged in horticulture, in order that they may develop their skills and are in need of such assistance by reason of their or their famivs economic or other ciraHnstances.. In setting our objecttves and planning our activitres. the Trustees have complied with the duty to have due regard to give careful consideration to the Charity Cornmission's general guidance on public benefit. By encouraging specialist trainiry and the gainiv¥J of garden skills. Trust is encouraging a better trained and skilled garden workforce lo maintsin and develop the nation's gardens for the better enjoyment and appreciation by the visiting public and to help increase sknlls required at Botsnic Gardens. Colleges. private and public gardens and parks, and in commeraal establishment. It remains our intention that our work will expand to help a greater number of gardenets wanttng to further their career developrnent Achievements and perforniance Donations raised a total of £67.016 (2020: £48,390) and inveslnient income generated a further £1.420 (2020: £1.508). This allowed the Trustees to make scholarships and grants of £27.396 (2020: £55,758). Structure, governance and management Professional Gardener5' Trust is a company limited by guarantee but not having a share caprtal and is registered as a charity under the Charities Act 1993. The Trust is managed by Fts Council of Trustees. Trustees are nominated by the other Trustees. All retire at the AGM and are eligible for re-election. The administration of awards and enquiries is carried out by the Awards Manager. The Trustees meet three times a year and delegate rtain duties of the organisakn'on belween themselves and the Honorary Secretsry and the Honorary Treasurer between meetings. All signiftcant decisions regarding the Trust are taken or confimied at a Trustees. meeting All new Trustees receive a formal briefing from the Chaimian of their duties and responsibilities and receive various bwklets from the Chaiity Commission and Companies House. They are also encouraged to keep themselves abreast of cuent arKI proposed developments in charity reguEation through asS to the Chaiity Commission vthite and other relevant sources of infom110n.
Professional Gardeners. Trust Trustees, report (continued) Year ended 31 December 2021 Financial roview The results for the year and their impact on the charitys fijnds are set out in detail tn the ststement of financial acttvttses on page 7. Totsl net income frx the year vrfas £39,354 (2020: nel expenditure £9.036) and the year end net assets amounted to £135.379 (2020.. £96.025). Risk management The Trustees have cK)nsidered Ihe risks to which charity is exposed and are taking appropr4ate actTOn. Reserves policy The Trustees review the reserves pdicy annually to reassess the risks and flect changes in the environment in which the charity is operating, recognising that tt is vulnerable to economic downtums. Based on an evaluation of the servic£s the clrity provides. the TNstees ujnsider that the Charity should hold sufficient unrestricted income funds to meet the budgeted expenditure on both awards and running costs approved by the Truslees for the following eighteen months. The unrestricted income fund has increased during the year lo £123,729 (2020 £90,976) and the fund at 31 December 2021 represented approximately 26 months 12020: 21 months) of budgeted expenditure approved by the Tntstees for the following year. The level of the unrestricted income fund is kept under dose review at our Trustees. meetings. Sned on behalf of the Trustees Natasha Goodfellow Honorary Secrelary 26 March 2022
Professional Gardeners. Trust Responsibilities of the Trustees Year ended 31 .December 2021 The Truslees (who e also the directots of ProfessK)nal Gdenws' TTUSt for Ihe purpKJses of comparby law) are respo.nsible for preparww the Trustees, annual repcHt, the Chairman's statement and the ancIal stalements in with ap.Cabte law and United Kingdom Accounting Standards (United Kingdc¥n Generalty Accepted Accounting Praclice). CLJnpany law requires the Tntstees to wepare financial statements for each financial year which gbve a true and fair view of the state of affaits of the charilable company and of the incoming oUrceS and applicat)n of resources, including ts income and expenditure, of the charitsble cc¥npany for that period. In preparing these financial stslements. the Twstees afe required to.. select suitable accounling wlicies and aprty them consistenty. observe the Tnethots and princi* in the Ststement of Recotrmended Practice: Accounting and Reporbng by Charthes" make judgements and estimates that are r&qsorHble and prudent" slate whethef applicable UK knounting Standards have been fc4krwed. subject to any fflaterial departures thsclosed and explained in the fnancial statements" and prepare the financial slalements on the going basis Un li ts inappropriate to esume that the charilable company will continue in operation, The Truslees are POnSIb for keeping proper lUntIng records that disclose with reasonable accuracy at any time the financial position of the Trusl and enabbe them to ensure that the financRI statements compty with the Compari Act 2006. The Trustees a also responskAe for safeguardirwJ Ihe assets of the Trusl and hence for lakirwj reasonable steps for the prevention and deteclion of fraud and Oth wregu1artll.
Professional Gardeners. Tt Independent examinerfs report to the Trustees of Professional Gardener's Trust I repK)rt on the financpl staternents of Tnjst for the year ended 31 December 2021 are set out on pages 7 to 12. Respective respon5ibilllies of the Tnstees and the examlner As explained more fully in Ihe Tntstee5' ResponSibty Stalemenl set i)ut on page 5, the Trustees (who ace akn the direct$ tr the purSe5 of company law) are responsible for the preparth'on of Ihe financial statements and for b&"ng satisfEd that these gNe a tnR a fair view. The Tfuslees consider Ihat an audit is rKst required for this year under section 144(2) of the Charities Act 2011 (Ihe 2011 Act) and that an independent examination ts needed. HaviThJ satisfEd myseff that the charity is not subject to an audit under cThwpny law and is eligible for independent examinat, il is my respx)nsibilty to.. examine the financtal Stat uThJer tiOn 145 ofthe 2011 Art to follow the procedures laid d(r•m in the General Direclions given by the Charity Commission {under sectM)n 145(5Mb) of Ihe 2011 ACL" and Basis of independent examinerfs report My examination 5 cartied in Kdae the Gerral Dwedions givcn by the Charlty CommissK)n. An examallon indudes a review of the untIng records kept by the Charity and a comparison of the a¢untS presented wth those records. It also includes consKteration of any unusual rtems or dwlosures in the accounts and seekwig explanations from as Tw5tee5 (x)nceming any sh matters. The prctedures undertaken do not provide all the evidence that would be required in an audrt and no opinion is given as to whether the financial statements present a ITue and fair vithrf and Ihe report is limited to those matters set out in the statement below. Independent examiner's statement In connection with my examinalK)n. no maller ha5 co lo nyy allent1:. (1) thich gives me reasonable cause to beh'eve that in any rnatl respect the requirements lo keep accounti records in aCC(Xdae with sedion 386 of the Companies Acl 2006: and to prepare fiarla1 statements whth acc(Kd wilh the xcounting rerdS and CiYTIPty with the accounling requirements of sn 396 of the C(4npanies Act 2006 and with the methods and principles of the Ststernent of RMfflended Practte.. Accounting and Repjrtrng by Charities. have not been rnet" or to whth. in my ¢)pinion. attention shcwld be dfi7•m in order to enable a proper urKletstarrfJiffj of the finla1 statements to be Ched. (2) Ri¢hard Dyson 26 March 2022
.Professional Gardeners'.Trust Statement of financial:activitles (incorporating the Income and expenditure account) Year endèd 31 December 2021 Unrestrlcted Restricted Total funds Totsl funds funds 2021 2020 Nots Income from: Donations Investrnent incorne 48.516 18.500 67.016.. 4.8,390 Total income 18.500 68.436 49.898 Expenditure on: Expendtture on charitable activities Total expenditure 615834 Unrealised gain (loss) on investment Net income (expenditure) and net movement in funds for the year
Tr (9,036) ', 32.753 6.601 39,354 Reconciliation of funds Funds brought forward Funds Carried forward The statement of financjal activitses Ind all gains arnJ losses in the year and therefore a statement of totsl recognised gains and losses has not been prepared. All of the above alrUnts relate to continuing activit$. The notss ¢Jn pages 9 to 12 fomi part olth•se fin•¢ial sl*•m
Professional Gardeners. Tt Balance sheet 31 December 2021 2021 2020 Note Cuwrent assets Investrnent Cash at bank 49,104 42.566 Total current assets Creditors: arnounts falling due wlthln one year 149.646 107.123 Net current assets Funds Restrided income funds Unrestricted in(xyne funds 11.61 5,049 Trustees are satisfied that the Company is entitled to exemption from the provisions of Ihe CThnpanies Act 2006 (the Act) relating to the audit of the financial statements for the period by virbje of section 471. and that no member or membets have requested an audit pursuant to section 476 of the Act. The Trustees acknowledge their responsibilities for. (i) ensuring that the Company keeps adequate actounling records vthich o)mply with section 386 of the Act, and (li) preparing financial statements which give a tn aThJ fair view of the state of affairs of the company as at the end of the financial period and of its profft or loss for the financial peritsj in accordance with the requirements of section 393. and which othernise comply with the requirements of the Act relating to financial statements, so far as applicable to the company. iitsse financial statements were approved by the Ttee5 26 March 2022 WKI are signed i>n their behalf by: Sarah Wain Chairnian Company registration number. 04544242
Professional Gardeners Trust . Notes to the financial statements Year ended 31 December 2021 Accountlng pollcles General Inforn&ion The charity is a private c(Knpany limited by guarantee. incoTporated in England and Wales {mpanY number 04544242 and charity number 1101169) on 24 September 2002. ar is a public benefit entity as defined by FRS 102. Its registered office is given on page 1. The accounts are drawn up on the historical cost convention. as modified by.the revaluation of the investmenL Basls of preparatlon The financial statements have been prepared in accDrdance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). the Companies Act 2006 and the Statement of Rernnded Practice: Ac(x)unting and ReFQrting by Charities preparing their aco)unts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland {FRS 102) effective l January 2015. ched( Going concern The Trustees have. at the time of approving the finanaal statements. a reasonable expectation that the charity has adequate resour to continue in operalional existen for the foreseeable future and consider that there were no material uncErtainties over the Trust's financial viability. AccL)rdingty. the Tnjstees continue to adopt the going concem basis of accounting in preparation of the financial slatements. Fund accounting Unrestricted fvnds are funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity. Restricted fvnds are funds that are to be sed in accordance with specific restrictions imposed by donors. The aim and use of each restricted fund is set crt in note 7 to the financial statements. Income Voluntary income. including donations and glfts. is re¢ognised as receivable when the charity has entitlement to the funds. any perfOan conditions attached to the item(5) of incomeA have been met, it is probable that the income will be received and the amount can be measured reliably. Investment income and interest on deposts is reo)gnised when receivable. Expenditure All expenditure is re¢ognised on an accruals basis as a liability is inrred. Expenditure indudes any VAT whith cannot be reo)vered aThl is reported as part of the expenditure to. which it relates. Charitable activities indude all costs In(rred by the charity in the delNeFy of its adivities and services for its beneficiaries. Investments Investments are slated al the dosing bid price at the balan sheet date. Realised gains are the differen between sales prcteeds and ttp ryIng value of the investrnent. The carrying value is the fair value al the beginning of the year or the purchase cost where the investrnent was wuired duriry the year. Unrealtsed gains are the change in value of investments after taking into account any MoVeffnts in inveslment holdings such as purchases and disposals of investments. Realised and unrealised gains are accounted for within the ststerrI of FirnCIal Activiiies.
Professional Gardeners. Trust Notes to the financial statements (continued) Year ended 31 December 2021 l Donatlons Unrestricted Restricted funds Total funds Appeals Year ended 31 DeGember 2020 Appeals Income from Investments UnStrled Restricted funds funds Total funds Bank interest receivable 170 Dividends from Charities Official Investrnent fufKI 125 170 Year ended 31 December 2020 Bank interest receivable Interesl from Charities Official Investment fund 283 283 Expenditure on charitable activities Unrestricted Restricted funds funds Total funds Charitable awards made Admtnistration and other costs 15,497 11.899 27,396 Year ended 31 Dmber 2020 Charitable awards made Administrators, hOrraria Adg.iinistration and other (xtsts 33.373 22,385 1.000 55.758 1.000 The Trustees did N)t rtr£ive any remweration (2020- Nil) 10
'Professional Gardeners. .Trust Notes to the financial statements (continued) .Year ended 31 December 2021 Investments 2021 2020 At 1 January 2021 Investment additions nvestment disposals Unrealised Investment gain 42.565 39.917 At 31 December 2021 Investments ujmprise: Units in Charities Official Investment Fund The historic cost of the units in Charittes (al Investment FuThl is £27.1(K) (2020: £27.100) Credltors: amounts lalling due wlthln one year 2021 2020> Other creditors and accruals Restrlcted income funds Balance at 1 January 2021 Balan * 31 Decetyb8rfj 2021 Income Expenditure Royal Botanical and Horticultural Soaety of Manchester and the Northem Counties The Finnis Scott Foundation Lironi Training Fund Birkbeck Garden History Group 185 3.651 1.213 185 8,418 2.297 750 15.000 (10.233) (1.416) 250 11 8alan¢e at 1 January 2020 Balance at6 31 Dernber 2020 Royal Botsnical and Horticultural Society of Mand)ester and the Northem Counties The Finnis Scott Foundation Lironi Training Fund Birkbed( Garden History Group 1,569 (1,384) (14,149) (7.982) 185 3.651 1,213 15,000 9,000 195 650 The restricted inccvne fvnds are funds that are to be used in aLrordance 1th the specific restrictions imFM)sed by donors. The aim and use of each restricted fund is set out below. 11
Professional Gardeners. Trust Notes to the financial statements (continued) Year ended 31 December 2021 A donation from The Royal Botsnical and Hortiojltural Society of Manchester and the Northem Counties is to be used exclusively to assist northem based projects carried out by gardeners working in the north of England. A donation from The Finnis Scott Foundation is to be used to provide grants for gardeners who have recentSy made a career change into hortrcunure and are now committed professional gardeners and to supw)rt professional gardeners. experience the working environment of another garden for a short time. The objective is to devek)p existing skills or leam new skills which will benefit both the gardener and their wOrkplalS. Grants from the Lironi Training Fund, which is funded by Perennial and is administered on behalf of Perennial by the Professional Gardeners, Trust. are for working 9ardeners and trainees. and those who have recently completed a recognised training or academic course in horticulture and who are starting horticultural wor The Birf(beck Garden History Group Award is availab to professional gardeners wishing to broaden their knowledge of garden history by altending lectures. (x)nferencEs. courses and skndy days An annual donation from The Professional Gardeners. Guild (PGG), known as the Kenwyn Pearson Award. named after the Trust's first Honorary Secretary vtho did so much lo estaLlish the Trust. fvnds awards to gardeners who are members of the PGG. -'Vnrestricted income funds Balance at 1 January 2027 Unrealised gains Expendilure cm investrnents Balance at 310ecember 2021 Income General funds Balan at 1 January 2020 Unrealised Balan at gains 31 December Income Expendilure on inveslments 2020 General funds Analysis of net assets between funds Unrestricted Reslricted funds funds 2021 2021 Total funds 2021 Net assets At 31 December 2020 Net assets 12