Professional
Gd£'deners'
Trust
Financial statements
for
the year ended 31 December 2024
Company RegSstration Number 04544242
Charity Number 1101169

Professional Gardeners, Trust
Financial statements
Year ended 31 December 2024
Contents
Pages
Reference and administrative details
Trustees, annual report
2and3
Responsibllities of the Trustees
Independent examiner's report to the Trustees
Statement of financial activili8s (incorporating the
income and expenditure account)
Balance sheet
Notes to the financial statements
8t012

Professional Gardeners, Trust
Reference and administrative details
Reglstered charlty name
Professional Gardeners, Trust
Charity number
1101169
Company registration number 04544242
Registered office
New Inn Farm,
Forest Coal Pit,
Abergavenny,
Wales
NP7 7LT
Trustees
Stephen Anderton (Chair) (Appointed 20 April 2024)
Sarah Wain (Chair)
(Resigned 22 April 2024)
Simon Bagnall
(Resigned 12 September 2024)
Stephen Crisp
(Resigned 28 January 2025)
Natasha Goodfellow
(Appointed 20 April 2024)
George Hudson
Stephen Mccallum
Mercy Morris
Catherine Nicoll
Helen Seal
Gemma Sturges
Bertie Swainston
Christopher Wardle
{Reslgned 28 August 2024)
(Resigned 28 January 2025)
(Resigned 20 January 2025)
(Appointed 20 April 2024)
(Appointed 18 January 2025)
Officers
Adrian Thorne
Claire Dakin
Thys Terblanche
Penny Peerless
Awards Manager
Hon. Secretary
Hon. Treasurer
Web Manager
Independent examlner
Lizanne Mccloud
32 Farm Lane
Tonbridge
Kent
TN103DG
COIF fund manager
CCLA Inveslment Management Limited
Cheapside,
London. EC2V 6DZ
Bankers
CAF Bank
15 Kings Hill Avenue
Kings Hill
West Malling ME19 4JQ
ME19 4JQ
Charity Bank
Fosse House
182 High Streer
Tonbridge
TN9 1BE

Professional Gardeners, Trust
Trustees, annual report
Year ended 31 December 2024
The Trustees, who are also direclors 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 2024.
Trustees
The Trustees during the year and up to the dale of (his report ar8 listed on page 1.
Objectives and activities
The Trust was established for the relief of poverty particularly (but not limited to) by provision
of scholarshlps. grants or other monetary awards to persons engaged in horticulture, in order
Ihat they rnay develop their skills and who are in need of such assistance by reason of their or
Iheir family's economic or other circumstances.
In setting our objectives and planning our activities, the Trustees hav@ complied wlth the duty
lo have due regard to give careful consideration to Ihe Charity Commission's general guidance
on public benefit.
Achievements and performance
Donations raised a total of £57,704 (2023: £61,193) and investment income generated a further
£3.959 (2023.. £3,416). This allowed the Trustees to make net scholarships and grants of
£58,671 (2023: £48,882).
Structure, governance and management
Professional Gardeners, Trust is a company limited by guarantee but not having a share capital
and is registered as a charity under the Charities Acl 1993.
The Trust is managed by its 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 enqulries is carried out by the Awards Manager. The Trustees meot three times a year
and delegate certain duties of the organisation between themselves and the Honorary
Secretary and the Honorary Treasurer between meetings. All significanl decisions regarding
the Trusl are taken or confirmed at a Truslees, meeting.
The Professional Gardeners, Trust may be a small charity but it does a vital job, in helping fund
training for self-employed gardeners within a profession which is not well-paid, and for
gardeners working in institutions whose training budgets today are reduced, over-stretched, or
sometimes non-existent. The need for the Trust has never been greater. Meanwhile the costs
of the training we help fund continues to rise sharply (our awards have seen an average
increase of 23 percent in the four years to 2024>. At the same time, there is also a trend for
people to come into horticulture as a second career and, with the increasing cost of living and
its effects on family life, such people are especially in need of help if they are to move upwards
into their chosen career at a realislic speed.
Yet these are financially challenging times for any charity and the Trusl is no exception- the
charities who historically supply us with funds are themselves under financial pressure, and so
we recognise the generosity of our donors, who include in particular the National Gardens
Scheme, Royal Horticultural Society Bursaries, Perennial, and the Finnis-scott Foundation.
The challenge now is to look beyond charitable funding to more commercial sources. It is
hoped that during early 2025 private donation will provide us with a good new income strearn.

Professional Gardeners, Trust
Trustees, report (continued)
A budget for our own grants to beneficiaries was set at £60,000 for the year, but due to the
number of applicants and the increasing cost of training courses, grants were reduced to 75
percent of target in the latter part of the year and closed in November when the set budget
was spenl. Mor& funds would have allowed us to satisfy many more applications.
The year has seen some changes in Ihe composition of the Trust. Four Trustees have retired
from the board for lack of available tirne and one appointed, ensuring a continuing
representation across Britain, and a further replacement with a financlal background is bellig
sought.
In September 2024 a Twentieth Anniversary Celebration was held al Roots and Shoots
Educational and Environmental Charity, Kennington, South London, where representatives of
donor charities and the press were welcomed, and the Trust's record reviewed: 800 gardeners
funded through a total value of £400,000, since the PGT'S founding in 2004, originally as an
offshoot of the Professional Gardener's Guild assisting the training of working gardeners.
The PGT operates through the goodwill and generously-given time of its Trustees, and through
the good offices of its Secretary, Treasurer and its one part-time paid officer, the Awards
Manager, who vltally administers and expedltes all applications. To them all, we owe thanks.
Financial revlew
The results for the year and thelr impact on the charlty's funds are set out in detail in the
statement of flnanclal activities on page 6. Tolal net expenditure for the year was £5,618 (2023
net income £8,349) and the year end net assets arnounted to £130,084 (2023,, £135,702).
Reserves pollcy
The Trustees review the reserves policy annually to reassess the risks and reflect changes in
the environment in which the charity is operating, recognising that it is vulnerable to economic
downturns. Based on an evaluation of the services the charity provides, the Trustees consider
that tha Charity should hold sufficient unrestricted income funds to rneet the budgeted
expenditure on both awards and running costs approved by the Trustees for the following
eighteen months. The unrestricted income fund has decreased during the year to £124,129
(2023 £133,637) and the fund at 31 December 2024 represented approximately 19 months
(2023,. 21 months) of budgeted expenditure approved by the Trustees for th@ following year.
The level of the unrestrlcted income fund is kept under close review at our Trustees, meetings.
Signed on behalf of the Trustees
stephen Anderton 12 April 2025

Professional Gardeners, Trust
Responsibilities of the Trustees
Year ended 31 December 2024
Th8 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 statements in accordance wilh applicable law and United Kingdom
Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the Trustees to prepare financial statements for each financial year
which give a true and fair view of the slate of affairs of the charitabla company and of the
incoming resources and application of resourcas, including the income and expenditura, of the
charltable company for that period. In preparing these financial statements, the Trustees are
required lo:
selecl suitable accounting policies and then apply them consistently;
observe the methods and principles in Ihe Statement of Recomrnended PraGtlce:
Accounting and Reporting by Charilies;
make judgements and eslimates that are reasonable and prudent;
state whether applicable UK Accounting Slandards have been followed, subject to any
material departures disclosed and explained in the financial statements; and
prepare the flnancial slatements on the going concern basls unless it is inappropriate to
presume that the charitable company will continue in operation,
Th8 Truslees are responsible for keeping proper accounting records that disclose wlth
reasonable accuracy al 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 Ihe Trust and hence for taking reasonable steps for
Ihe prevention and detection of fraud and other irregularities.

Professional Gardeners, Trust
Independent examiner's report to the Trustees of Professional Gardener's Trust
I reporl on the financial statements of the Trust for the year ended 31 December 2024 which
are set out on pages 7 to 12.
Respectlve responsibilltles of the Trustees and the examlner
As explained more fully in the Truslees, Responsibilily Statemant set out on page 4, the
Trustees (who ar8 also the directors for the purposes of company law) are responsible for the
preparatlon of the financial statements and for being satisfied that th8se give a true a fair view.
The Trustees consider that an audit is not required for this year under section 144(2) of the
Charities Act 2011 {the 2011 Act> and that an independent exarnination is needed.
Having satisfied myself that the charity is not subject to an audit under company law and is
eligible for independent examination, it is my responsibility to:
examlne the financial statements under section 145 of the 2011 Act.,
to follow the procedures laid down in Ihe General Directions given by the Charity
Commission (under section 145(5)(b) of the 2011 Acl; and
lo state whether particular matters have come to my attenlion.
Basls of Independent examlner's report
My examination was carrled out In accordance with the General Dlrections given by the Charity
Commlssion. An examination includes a review of the accounting records kept by the Charity
and a comparison of the accounts presented with those records. It also includes consideration
of any unusual items or disclosures in the accounts and seeking explanations from you as
Trustees concerning any such matters. The procedures undertaken do not provlde all the
evidence that would be required in an audit and no opinion is given as to whether the financial
statements present a "true and fair view, and Ihe report is limiled to those malters set out in
th8 Statement b810w.
Independent examlner's statement
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 the
requiremenls
to keep accounting records in accordance with section 386 of the Cornpanies
Act 2006; and
to prepare financial statements which accord with the accounling records and
comply with the accounting requirements of section 396 of the Companies Act
2006 and with the methods and principles of the Statement of Recommended
Practice: Accounting and Reporting by Charities.
have not been met; or
to which, In my oplnion, attention should be drawn in order to enable a proper
understanding of the financial statements to be reached.
(2)
Lizanne Mccloud 12 April 2025

Professional Gardeners, Trust
Statement of financial activities (incorporating the
Income and expenditure account)
Year ended 31 December 2024
Unrestricted
funds
Restricted Total funds Total funds
funds
2024
2023
Note
Income from:
Donations
Investment income
41,220
16,484
57,704
61,193
3,416
Total income
45,179
16.484
61,663
64,609
Expenditure on:
Expenditure on charitable
activities
Total expendlturo
Unrealised gain
on investment
1,059
1,059
3,948
Net income (expenditure) and
net movement in funds
for the year
(9.508)
3,890
(5,618)
8,349
Reconciliatlon of funds
Funds brought forward
133.637
2,065
135,702
127,353
Funds carried forward
5 ￿84
The staternent 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 abov@ amounts relate to continuing activities.
The notes on pages 9 to 12 form part of these flnanclal ststements

Professional Gardeners, Trust
Balance sheet
31 December 2024
2024
2023
Note
Current assets
Investment
Cash at bank
47,958
46.899
109757
Total current assets
Creditors: amounts falling due
within one year
146,316
156,656
Net current assets
130084
135702
Net assets
Funds
Restricted income funds
Unrestricted income funds
5,955
124 129
2,065
The Trustees are satisfied that the Company is entitled to exemption from the provislons of
the Companies Act 2006 (the Act) relating to the audil of Ihe financial stalements for the period
by virtue of section 477, and that no member or mernbers have requested an audil pursuant
to section 476 of the Act.
The Trustees acknowledge their responsibilities for..
(1> ensuring that the Company keeps adequate accounting records which comply with
section 386 of Ihe 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 proflt or loss for the financial
period in accordance with the requirements of section 393, and which otherwise comply
wilh 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 12 April 2025 and are signed on
their behalf by:
stephen Anderton
Chairman
Company registration number: 04544
The nole5 on pagas g to 12 form part of these tlnanclal statements.

Professional Gardeners Trust
Notes to the financial statements
Year ended 31 December 2024
Accounting pollcles General information
The charily is a private company limited by guarantee, incorporated in England and Wales
(company number 04544242 and charity number 1101169) on 24 September 2002, and is a
public benefit enlily as defined by FRS 102. Ils registered office is given on page 1. The
accounts are drawn up on the historical cost convention, as modified by the revaluation of the
investment.
Basis of preparatlon
The financial statements have been prepared in accordance with the Financial Reporting
Standard applicable in the UK and Republic of Ireland (FRS 102). the Companies Act 2006
and the Statement of Recommended Practice: Accounting and Reporting by Charities
preparing their accounts in accordance wilh the Financial Reporting Standard applicable in the
UK and Republic of Ireland (FRS 102) effective l January 2019.
Going concern
The Trustees have, at the time of approving the financial statements, a Teasonable expectation
that the charity has adequate resources to continue in operational existence for the foreseeable
future and conslder that there ware no material uncertainties over the Trust's financial viability.
Accordingly, the Trustees conlinue to adopt the going concern basis of accounting in
preparation of the financial statements.
Judgements and key sources of estlmation uncertainty
The Trustees consider that no judgements, apart from those involving estimates, have been
made in the process of applying the above accounting policies which have had a significant
effect on amounts recognised in the financial statements.
The Trustees consider thal no key assumptions concerning the future and olher key sources
of estimalion uncertainty at the reporting date have b8en made which have a significant risk of
causing a malerial adjustment to the carrying amounts of assets and liabilities within the next
financial year.
Fund accounting
Unreslricted funds are funds which are available for use at the discretion of the Trustees in
furlh8rance 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
reslricled fund is set out in note 7 to the financial statements.
Income
Voluntary income. including donations and gifts. is recognised as receivable when the charity
has enlillement to the funds, any performance conditions attached to the item(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.
Expenditure
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
which it relates. Charitable activities include all costs incurred by the charity in the delivery of
its activities and services for its beneficiaries.

Professional Gardeners Trust
Notes to the financial statements (continued)
Year ended 31 December 2024
Accounting policies (conlinued)
Investments
Investrnents are stated at the closing bid price at the balance sheet date. Realised gains are
the difference betwean salos proceods and Ihe carrying value of the inv8Stment. The carrying
value is the fair value at the beginning of the year or the purchase cost where the investment
was acquired during the year. Unrealised gains are the change in value of Investments after
taking info account any movements in investment holdings such as purchases and disposals
of investments. Reallsed and unrealised gains are accounted for within the Statement of
Financial Activities.
Donatlons
Unrestricted
funds
Restricted
fvnds
Total
funds
Appeals
Year ended 31 December 2023
Appeals
Income from Investments
Unrestricted
funds
Restricted
funds
Total
funds
Bank interest receivable
Divldends from Charities Official Investment fund
2,654
2,654
Ye8r ended 31 December 2023
Bank interest receivable
Interest from Charities Official Investment fund
2,129
2,129
Expenditure on charltable activities
Unrestricted
funds
Restricted
funds
Total
funds
Charitable awards made
Administralion and other costs
46,426
12,245
349
58,671
Year ended 31 December 2023
Charitable awards made
Administration and other costs
38,323
10,499
350
48,822
The Trustees did not receive any remuneration (2021- Nil)

Professional Gardeners Trust
Notes to the financial statements (continued)
Year ended 31 December 2024
Investments
2024
2023
At 1 January 2024
Investment additions
Investment disposals
Unrealised invèstment galn
At 31 December 2024
46,899
42,951
Investments compris8:
Units in Charities Official Investment Fund
The historic cost of the units in Charities Official Inveslmenl Fund is £27.100 (2023.. £27,100)
Credltors: amounts falllng due wlth5n one year
2024
2023
Other creditors and accruals
7. Restricted Income funds
Balance
at1
January
2024
Balance
at31
December
2024
Income
Expendilure
Royal Botanical and
Horticulture Society of
Manchester and the
North8rn Counlies
Lironi Training Fund
Scotland's Gardens
Scheme Cattanach Fund
The Professional
Gardeners, Guild
Birbeck Garden History
Group
185
862
185
3.312
8,134
(5,684)
319
7,850
(5,712)
2,457
249
(248)
450
065
500
48
950
94
12
10

Professional Gardeners Trust
Notes to the financial statements (continued)
Year ended 31 December 2024
Balance
at 1
January
2023
Transfer
Balance
from
at31
unreslricted De￿rnber
funds
2023
Income
Expenditure
Royal Botanical and
Horticulture Society of
Manchester and the
Norlhern 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
The restricted income funds are funds that are to be used in accordance with the specific
restrictions imposed by donors. The aim and use of each reslricted fund is set out below.
A donalion from The Royal Botanical and Horticultural Society of Manchester and the Northern
Counties is to be used exclusively to assist northern based projects carried out by gardenors
working in the north of England.
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 gardeners and
Irainees, and those who have recently completed a recognised training or academic course in
horticulture and who are starting horticultural work.
The Birkbeck Garden History Group Award is available to professional gardeners wishing to
broaden their knowledge of garden history by attending lectures, conferences, courses and
study days.
Scotland's Gardens Scheme Cattanach Fund is available to horticulturist in Scotland, for
personal and professional training and development.
An annual donation from The Professional Gardeners, Guild (PGG), known as the Kenwyn
Pearson Award, named after the Trust's first Honorary Secretary who did so rnUGh to establish
Ihe Trust, funds awards to gardeners who are members of the PGG.
11

Professional Gardeners Trust
Notes to the financial ststements (continued)
Year ended 31 December 2024
Unrestrlcted Income funds
Unrealised
gain (loss)
on
Expenditure investments
Transfer
Balance at
from
31
unrestricted December
funds
2024
Balance at
1 January
2024
Income
General
funds
Unrealised
gain (loss)
on
Expenditure investments
Transfer
from
unrestricted December
funds
2023
Balance at
31
Balance at
1 January
2023
Incorne
General
funds
Analysis of net assets between funds
Unrestricted Restricted
funds
funds
2024
2024
Total
funds
2024
Net assets
At 31 December 2023
Net assets
12