Professional
Gardeners,
Trust
Flnanclal statements
for
the year ended 31 December 2023
Company Reglstratlon Number 04544242
Charlty Number 1101169
*A043OMJ'
2810512024
COMPANIES HOUSE
#135

Professional Gardeners, Trust
Flnancial statements
Year ended 31 December 2023
Contents
Pages
Reference and administralive delails
Chai¢s statement
Trustees, annual report
3and4
Responsibilities of the Trustees
Independent examiner's report to the Trustees
Statement of financial activities (incorporating the
income and expenditure account)
Balance sheet
Notes to the financial statements
9t013

Professional Gardeners, Trust
Reference and administrative details
Registered charity name
Professional Gardeners, Trust
Charlty number
1101169
Company regl8tratlon number 04544242
Blad( Stwp Bam
The Stree(
Boxgrove,
chId￿ter.
West Sussex. P018 ODX
Trustees
Sarah Wain (Chair)
Simon Bagnall
Michael Brown
Stephen Crisp
Sheila Das
George Hudson
Stephen Mccallum
Mercy Morris
Catherine
Nicoll
Helen Seal
Gemma Sturges
(Reslgned 14 December 2023)
(Resign￿ 14 December 2023)
(Appointed 15 January 2024)
(Appointed 18 March 2023)
(Appointed 14 December 2023)
Offlcer3
Adrian Thome
Natasha Goodfellow
Thys Terblanche
Penny Peerless
Awards Manager
Hon. Secretary
Hon. Treasurer
Web Manager
Independent examlner
Richard Dyson
Chartered Accountant
Glendower
Hawley Lane
Hale Barns
Altrincham WA15 ODW
COIF fund manager
CCLA Investment Management Limited
Cheapside,
London. EC2V 6DZ
Bankers
CAF Bank,
15 Kings Hill Avenue
Kings Hill
West Malling ME19 4JQ
ME19 4JQ
Charty Bank
Fosse House
182 High Streer
Tonbridge
TN9 18E

Professional Gardeners, Trust
Chair's statement
Year ended 31 December 2023
2023 continued to be a year of financial consolidation for the Professional Gardeners Trust as
some donors restricted their donated amount due to the ongoing volatile financial situation.
Rising costs for professional gardeners have made it increasingly difficult for them to
contemplate continuing their professional development, which is where the PGT plays its part
by providing valuable financial assistance to those in need.
Each year the generous donations from all our donors, including but not limited to the Natlonal
Garden Scheme. Finnis Scott Foundation, RHS Bursaries and Scotland's Garden Scheme.
underpin the work of the trust, allowing it to continue to support professional training for
gardeners. There have also been individual supporters who have donated money, for whid)
the trust is extremely grateful.
From an agreed annual budget of £60,000, over £52.000 was distributed to successful
applicants towards the costs of their professional training. The average cost of awards has
risen sharply recently in line with the current financial crisis.
Since the Trust stsrted in 2004 it has distributed over £400,000 to successful applicants and,
with an increased interest in gardening as a career. the demand for training and education will
Increase correspondingly. As the cost of education rises so too does the requirement for further
donations which are always welcome.
In 2024 there have been additions to the board of trustees bringing the personnel number to
len. After four years, the Secretary Natasha Goodfellow and l. as Chair, will be stepping down
at the next AGM so that a new team with new ideas can take the trust forward into the future.
I believe the Trust delivers real benefits to those who wish to further their horticultural career
through relevant education and training and my thanks go to all our trustees and to officers of
the Professional Gardeners Trust for their diligence and enthusiasm to make Ihis happen and
for their support for the trust throughout the year.
zo.+ Z*
Sarah Wain
Chair
20 April 2024

Professlonal Gardeners, Trust
Trustees. annual report
Year ended 31 December 2023
The Trustees, who are also directors for the purposes of company law. have pleasure in
presenting their report and the financial statements of the Trust for the year ended 31
December 2023.
Trustees
The Trustees during the year and up to the date of this report are ligted on page 1.
Objectlves and actlvftlws
The Trust was established for the relief of povety particularly (but not limited to) by provision
of scholarships, grants or other monetary awards to persons engaged in horticulture, in order
that they may develop their skills and who are in need of such assislance by reason of thelr or
their famity's economic or other circumstances.
In setting our objectives and planning our activltles, the Trustees have complied wlth the duty
to have due regard to give careful consideration to the Charty Commission's general guidance
on public benefit.
By encouraging specialist training and the gaining of garden skills, the Trust is encouraging a
better trained and skilled garden workforce to maintain and develop the nation's gardens for
the better enjoymenl and appreciation by the vlsitlng public and to help increase skllls required
at 8otanlc Gardens, colleges, private and public gardens arKI parks, arKI in commercial
establishment. It remains our intention that our work will expand to help a greater number of
gardeners wanting to fvther their career development.
Achlevements and perforniance
Donations raised a total of £61,193 (2022: £43,112) and investment Sncome generated a further
£3.416 (2022: £1,725). This allowed the Trustees to make net scholarships and grants of
£48,882 (2022: £37,695).
Structure, governance and management
Professional Gardeners, Trust is a company limited by guarantee but not havlng a share capital
and is registered as a charity under the Charities Act 1993.
The Trust Is managed by its Councll 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 certain duties of the organisation between themselves and the Honorary
Secretary and the Honorary Treasurer between meetings. All significant declslons regarding
the Trust are taken or confirmed al a Trustees, meeting.
All new Trustees receive a formal briefing from the Chaimian of their dulles and responsibilities
and receive various booklets from the Charity Commission and Companies House. They are
also encouraged to keep themselves abreast of current and proposed developments in charity
regulation through access to the Charity Commission website and other relevant sources of
information.

Professional Gardeners, Trust
Trustees, report (contlnued)
Flnanclal revlew
The results for the year and their impact on the charity's funds are set out in detail in the
statement of financial ath'vities on page 7. Totsl net income for the year was £8,349 {2022 net
expenditure £8.026 and the year end net assets amounted to £135,702 (2022; £127,353).
Risk management
The Trustees have considered the risks to which the charity is exposed arKI are taking
approprlate action.
Reserves pollcy
The Trustees review the reserves policy annually to reassess the risks and reflecl changes in
the environment in which the charlty is operating. recognising that it is vulnerable to economic
downturns. Based on an evaluation of the services the charity provides. the Trustees consider
that the Charity should hold sufficient unrestricted income funds to meet the budgeted
expendlture on both awards and running costs approved by the Trustees for the lollowing
eighteen months. The unrestricted income fund has increased during the year to £133,637
(2022 £124.958) and the fund at 31 D8¢ember 2023 represented approximately 21 months
(2022: 18 months) of budgeted expenditure approved by the Trustees for the following year.
The level of the unrestricted income fund is kept under close review at our Trustees, meetings.
Signed on behalf of the Trustees
2o/Ql21
Natasha Goodfellow Honorary Secretary 20 Aprll 2024

Professional Gardeners. Trust
Responsibilities of the Trustees
Year ended 31 December 2023
The Trustees (who are also the directors of Professional Gardeners, Trust for the purposes of
company law) are responsible for preparing the Trustees, annual report, the Chairman's
statement and the financial slatements in accordance with applicable law and United Kingdom
Accounting Standards {Uniled Kingdom Generally Accepted Accounting Practice).
Company law requires the Trustees to prepare financial ststements for each financial year
which give a true and fair view of the state of affairs of the charitable company and of the
incoming resources and applicats.on of reSoUr￿s, including the income and expenditure, of the
charitable company for that period. In preparing these financial statements, the Trustees are
required to:
select suitable accounting polieies and then apply them consistently,.
observe the rnethods and principles in the Statement of RecommerKled Practice:
Accounting and Reporting by Charities;
make Judgement8 and estlmates that are reasonable and prudent;
state vth8th8r applicable UK Accounting Standards have been folltyHed, subject to any
material departures disclosed and explained in the financial statements; and
prepare the financial statements on the going concem basis unless it is inappropriate to
presume that the charitable company will continue in operation,
The Trustees are responsible for keeping proper accounting records that disclose with
reasonable accuracy at any time the financial position of the Trust and enable them to ensure
that the financial statements comply with the Companies Act 2006. The Trustees are also
responsible for safeguarding the assets of the Trust and hence for taking reasonable steps for
the prevention and detection of fraud and other irregularities.

Professional Gardeners, Trust
Independent examinerfs report to the Trustees of Professional Gardener's Trust
I report on the financial statements of the Trust for the year ended 31 December 2023 which
are set out on pages 7 to 12.
Respectlve responslbllltles of the Trustees and the examiner
As explained moT8 fully in the Truslees, Responsibilrty Statement set out on page 5, the
Trustees (who are also the directors for the purposes of company law) are responsible for the
preparation of the financial statements and for being satisfied that these give a true a fair view.
The Trustees consider that an audit is not requi￿1 for this year under section 144(2) of the
Charrties Act 2011 (Ihe 2011 Act) and that an independent examination is needed.
Having satisfied myself that the charity is not subject to an audit under company law and is
eligible for independent examinalion, it is rny responsibility to-.
examine the financial statemenls under section 145 of Ihe 2011 Act;
to follow the procedures laid down in the General Directions given by the Charity
Commission (undef section 145(5){b) of the 2011 Act,. and
to state whether particular matters have com8 to my attention.
8asls of Independent examlner's report
My examination was carried out in accordance with the General Directions given by the Charity
Commission. An examination includes a review of the accounting records kept by the Charity
and a comparison of the accounts presented with those records. 11 also includes consideration
of any unusual items or disclosures in the accounts and seeking explanations from you as
Trustees conceming any such matters, The procedures undertaken do not provide all the
evidence that would be required in an audit and no opinion is gNen as to whether the financial
statements pres6nt a llrue and fair view. and the report is limited to those matters set out in
the stalement below.
Independent examiner's $tatsment
In connection with my examination, no matter has come to my attention...
(1)
which gives me reasonable cause to believe that in any material respect Ihe
requiremenls
to keep accounting records in accordance with section 386 of the Companies
Act 2006; and
to prepare financial statements which accord with the accounting records and
comply wrth the accounting requirements of section 396 of the Companies Act
2006 and with the methods and principles of the siatement of Recommended
Practice.. Accounting and Reporting by Charities.
have not been met,. or
to which. in my opinion, attenlion should be drawn in order to enable a proper
understanding of the financial statements to be reached.
(2)
Richard Dyson 20Aprll 2024

Professional Gardeners, Trust
Statement of financial actlvltles (incorporatlng the
Income and expenditure account)
Year ended 31 December 2023
Unrestrlcted
funds
Restrlctsd Totsl fund5 Totsl funds
funds
2023
2022
Note
Income from:
Donations
Investment income
50,993
41
10,200
61,193
41
43,112
Total Income
54,409
10,200
44,837
Expendlture on:
Expenditure on charitable
activlties
71
Totsl •xpondlture
Unrealised (loss) gain
on investment
3,948
(6,153)
Net Incomo (expendlture) and
net movement In funds
for the year
8,998
(649)
8,349
(8,026>
Reconclllatlon of funds
Funds brought forward
124,958
2.395
127.353
135,379
Transfer between fvnds
19
Funds carrled lo￿ard
The statement of financial activities includes all gains and losses in the year and therefore a
statement of total recognised gains and losses has not been prepared.
All of the above amounts relate to continuing activities.
Th• nots• on po90• 9 to 13 form part of th880 flnanclal 8tatsm•nt•

Professional Gardeners, Trust
Balance sheet
31 December 2023
2023
2022
Note
Current assets
Investment
Cash at bank
46,899
109 757
42.951
Total current assets
Creditors: amounts falllng du•
wlthin one year
156,656
144,756
Net current assets
135 702
127 353
Not assets
Funds
Restricted income funds
Unrestricted income funds
2,065
133 637
2,395
124 958
The Trustees are satisfied that the Company is entitled to exemption from Ihe provisions of
the Companies Act 2006 (the Act) relating to the audit of the financial statements for the period
by virtue of section 477, and that no member or members have requested an audit pursuant
to section 476 of the Act.
The Trustees acknowledge their responsibilities for:
(i) ensuring that the Company keeps adequate accounting records which comply with
section 386 of the Act, and
(li) preparing financial statements which give a true and fair view of the state of affairs of the
company as at the end of the financial period and of its profit or loss for the financial
period in accordance with the requirements of section 393. and which otherwise comply
with the requirements of the Act relating to financial statements, so far as applicable to
the company.
These financial statements were approved by the Trustees on 20 April 2024 and are signed on
their behalf by:
Sarah Wain
Chaimian
Company registration number: 04544242
The notes on pages 9 10 13 fom) part of these flnanclal statements.

Professional Gardeners Trust
Notes to the financial statements
Year ended 31 December 2023
Accountlng pollcles General Inforniatlon
The charity is a private company limited by guarant68, incorporated in England and ￿èleS
(company number 04544242 and chanty number 1101169) on 24 September 2002, and is a
public benefft enkn.ty 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 accordan￿ with the Financial Reporting
Standard applicable in the UK and Republic of Irpland (FRS 102), the Companies Act 2006
and the Statement of Recommended Prath"ce.' Accounting and Reporting by Charrties
preparing their accounts in accordance with the Financial Reporting Standard applicable in the
UK and Republic of Ireland {FRS 102) effective l January 2019.
Golng concern
The Trustees have, at the time of approving the financial statements, a reasonable expectation
that the charty has adequate resources to continue in operational existence for the foreseeable
future and consider that Ihere were no material uncertalnties over the Trust's financial viability.
Accordingly, the Trustees conb'nue to adopt the going concorn basis of accounts.ng in
preparats'on of the financial statements.
Judgements and key sources of estlmatlon uncertalnty
The Trustees consider that no judgements, apart from those involving estimates, have been
made in th8 pr¢xess of applying the above accounting policies which have had a significant
effect on amounts recognised in the financial statements.
The Trustees consider that no key assumptions conceming the future and other key sources
of estimation uncertainty at the reporting date have been made which have a significant risk of
causing a material adjustment to the carrying amounts of assets and liabilities within the next
financial year.
Fund accountlng
Unrestricted funds are funds which are available for use at the discretion of the Trustees in
furtherance of the general objectives of the charity. Restricted funds are funds that are to be
used in accordance with specific restrictions imposed by donors. The aim and use of each
restricted fund is set out in note 7 to the financial statements.
Income
Voluntary income, including donations and gifts, is recognised as receivable when the charty
ha5 entitlement ID Ihe funds, any performaft￿ condition5 attached to the ilem(s) of income
have been met, it is probable that the income will be received and the amount can be measured
reliably. Investment income and interest on deposits is recognised when receivable.
Expendlture
All expenditure is recognised on an accruals basis as a liability is incurred. Expenditure
includes any VAT which cannot be recovered and is reported as part of the expenditure to
whith 'rt relates. Charitsble activities include all costs incurred by the charity in the delNery of
its ath'vities and services for its beneficiaries.

Professlonal Gardeners Trust
Notes to the financial statements (continued)
Year ended 31 December 2023
Accountlng pollcles (continued)
Investments
Investments are stated at the c105ing bid price at the balance sheet date. Realised gains are
the differen￿ between sales proceeds and the carying value of the investment. The carrying
value ts the fair value at the beginning of the year or the purchase cosl where the investment
was acquired during the year. Unrealised gains are the change in value of investments after
taking Into account any movements In investment holdings such as purchases and disposals
of investments. Realised and unrealised gains are accounted for within the Statement of
Financial Activities.
Donatlon8
Unrestricted
funds
Restricted
funds
Total
funds
Appeals
Year ended 31 December 2022
Appeals
Income from Investments
Unrestricted
nds
Restricted
funds
Total
funds
Bank inlerest receivable
2,129
Dividends from Charities Official Investment fund 1287
2,129
Year ended 31 D￿fflber 2022
Bank interest receivable
Jnterest from Charities Official Investment fund
442
442
Expendlture on charltable actlvities
Unrestricted
funds
Restricted
funds
Total
funds
Charitable awards made
Administration and other costs
38,323
10,499
350
48,822
Year ended 31 December 2022
Charitable awards made
Administration and other costs
26,242
11,453
37,695
10

Professional Gardeners Trust
Notes to the financial statements (continued)
Year ended 31 December 2023
The Trustees did not receive ary remuneration (2021- Nil)
6. Investments
2023
2022
At 1 January 2022
Investment additions
Investment disposals
Unrealised investment gain (loss)
At 31 December 2023
42,951
49,104
Investments comprise:
Units in Charities Official Inve8tsnent Fund
The historic cost of the units in Charities Official Investment Fund 18 £27,100 (2022: £27,100)
Cr8dltorn: amounts falllng du• wlthln one year
2023
2022
Other rJeditors and accruals
7. Restrlcted Income funds
Balance
Transfer
Balance
from
at31
unreslricted December
funds
2023
January
2023
Income Expenditure
Royal Botanical and
Horticulture Society of
Manchester and the
Northem Counties
The Finnis Scott
Foundation
Lironi Training Fund
Scotland's Gardens
Scheme Cattanach Fund
The Professional
Gardeners, Guild
Birbeck Garden History
Group
185
185
181
279
85
{417)
(266)
1,000
862
8,200
(7.881)
319
(336)
585
249
450
11

Professional Gardeners Trust
Notes to the financial statements (continued)
Year ended 31 December 2023
Balance
Transfer
Balance
from
at31
unrestricted December
funds
2022
January
2022
Income Expenditure
Royal Botanical and
Horticulture Society of
Manchester and the
Northern Counties
The Finnis Scott
Foundation
Llroni Training FurKI
Birbeck Garden History
Group
185
185
8,418
2,297
(8,237)
(3,216)
181
279
1,198
750
The restri(*ed in￿rne funds n funds that are to be used in accordanix with the specffic
restrictions Impowl by donors. The aim and use of each restri(*ed fund Is set out below.
A donation from The Royal Botanical and Hollicuknral Society of Manchester and the Northem
Counties is to be used exdusively to assist northem baseAd proiecls carriwj out by gardener5
w0￿1ng in the north of England.
A donation from The Finnis Scott FoundalK•n (pre 2023) is to be used to provide grants for
garder￿￿5 who have recently made a career change into hor11cultu￿ and are now committed
professional gardeners and to support professional gardeners. experience the working
environment of another garden for a Sh￿ time. The objective is to develop existing skills or
I￿rn new skills vthith will benefft both the gardener and their workplacels.
Grants from the Lironi Training FurKI, which is fijnded by Perennial and ts administered on
behalf of Perennial by the Professional Gardeners, Trust, are for working gardeners and
trainees, and those who have re(￿rt￿Y completed a recognised training or academic course in
hort1cuftu￿ and who are starting horticultural wo￿.
The Birkbeck Garden History Group Award Ks available to professional gardeners wisthg to
broaden their knowledge of garden history by attending lectures, conferences, courses and
study days.
Scotland's Gardens Scheme Cattanach Fund is avallable to horticulturist in Scotland, for
personal and professional training and development.
An annual donation from The Professiork31 Garden￿s. Guild (PGG). known as the Kenwyn
Pear￿)n Award, named after the Trusfs first Honorary Secretary who did so much to estsblish
1he TTUSt. funds awards to gardaws who are members of the PGG.
12

Professional Gardeners Trust
Notes to the financial statements (continuedl
Year ended 31 December 2023
Unrestrfcted Income funds
Unrealised
gain (loss)
on
Expenditure investments
Transfer
Balance at
from
31
unrestricted December
funds
2023
Balance at
1 January
2023
Income
General
funds
Unrealised
gain (Ios8)
on
Expenditure investments
Transfer
Balance at
from
31
unrestricted December
funds
2022
Balance at
1 January
2022
Income
General
funds
Analyslg of not assets between funds
Unrestricted Restricted
funds
funds
2023
2023
Total
funds
2023
Net assets
At 31 December2022
Net assets
13