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2021-12-31-accounts

Page
Chairman's
Foreword		 . 1-2
Our Activities „,3-5
Strategic Report:
Achievements
and		 Performance ....6 10
Financial Review. ...11-14
Plans for Future Periods. , ,15-17
Principal
Risks and		 Uncertainties. ..... 18
Special Thanks. 19
Structure,
Governance		 and Management. . ..20-21
Legal Status. ...22
Objects ofthe Charity .. .22
Public Benefit 22-23
Policies ..... ....24-25
Statement ofTrustees'
Responsibilities.		 „,26
Independent
Auditor's		 Report.. 27-29
Group Statement of Financial Activities. 30-31
Group Balance Sheet. 32
Charity
Balance Sheet		 33
Group Statement ofCash Flows. 34
Notes to the Financial Statements. 35-49
Officers, Committees and Advisers ofthe Charity .....50-51

asfree reserves :
General Designated Restricted 2021 2020
Funds Funds Funds Total Total
fm fm fm fm fm
Balance Sheet value 7.9 66.8 1.3 76.0 68.3
LeSS: FiXed ASSetS (Land & buildings, Ir, etc) (0.9) (5.0) (5 9) (44)
Working Capita I (cash at bank only) 0.8 0.8 0.5
6.2 61.8 13 69 3 63A
Gardeners
Royal Benevolent		 Funds (48.8) - (48.8) (44.7)
Gardens
Funds		 (9.7) — (9.7) (9.0)
Lironi Training Fund (3.3) - (3.3) (3.3)
Children's
Fund		 13 13 12

han elim inated.
Risk Mitigation
Financial
impact ofan		 unexpected
and prolonged		 Regular review offundraising
strategy;
maintain
a
shortfall in income, possibly as a result ofa global high level ofreserves
in designated
funds to
pandemic
or other shock to the world economy		 provide
a reliable core component
of investment
caused by an unforeseen
geopolitical
event.		 income and a cash cushion.
Regular review ofcash position, cash flow forecasts
and other financial data on a regular basis.
Fina ncia I impact ofsignificant
investment
losses,		 Regular review ofrobust investment
policy.
possibly as a result of
stock markets due to
event.		 a severe downturn
in global
an unforeseen
geopolitical		 Maintain
appropriate
level ofdiversification
and within
portfolios
in line with investment		 across
policy.
Half-yearly
performance
reviews with investment
managers;
monitor quarterly
performance
against
objectives and benchmarks.
Failure to provide the necessary
level ofservice or		 Regular reviews ofoperational
statistics and		 other
financial support,
as a		 result ofunexpected
rises in		 management
information
to monitor workloads;
demand for our services from new and/or
existing		 maintain
adequate
level ofresourcing
within		 Debt
clients. Advice and Casework teams.
Failure to provide the necessary
level ofservice or		 Regular monitoring
of regulatory
landscape;
financial support, as a result ofunforeseen
changes		 regular staff training to ensure continuing
fitness
in regulation
or unexpected
loss ofa key member		 to practice.
ofstaff. Regular knowledge-sharing
by management		 team;
maintain
up-to-date
policies and procedures.
Reputational
damage		 and/or
fipancial
impact as a		 Ensure that security procedures
are up-to-date
and
result ofa major ITincident (e.g. security breach, adhered to, disaster recovery procedures
are
data loss, catastrophic hardware
failure) leading to		 reviewed
and tested regularly.
fines, claims for damages, costs to reinstate data,
etc.

GROUP STATEMEN T OF FIN ANCIAL ACTIV ITIES FOR THE Y EAR ENDED 31DECEMBER20 EAR ENDED 31DECEMBER20 21
Unrestricted Restricted Total Unrestricted Restricted Total
General Designated Income Funds General Designated Income Funds
Funds Funds Funds 2021 Funds Funds Funds 2020
f000 EOOD EOOO f000 f000 f000 f000 f000
Note 3 5-6 7-8
Income from:
Donations 340 1,772 2,115 382 100 482
Legacies 899 37 936 1,519 6 1,525
Charitable
activities
Accommodation 46 46 45 45
Gardens 146 146 76 76
Friends of Perennial (memberships) 17 17 13 13
Other trading
activities
Trading subsidiary 461 461 240 240
Fundraising
events		 117 117 31 1 32
Investments
Sale offixed assets		 10 76
6		 1,215 25 1,316
6		 94 1,225 26 1,345
Other 15 17 32 33 40 73
Total Income 1931 5 192 2312 1493 26 3831
Expenditure
on:
Charitable
activities
Advice and casework
Grants and benefits		 12
12		 1,394
255		 21 1,394
276		 1,428
299		 44 1,428
343
Gardens 12 879 879 578 578
Housing
and care		 12 72 72 60 60
Marketing 12 597 597 509 509
Raising funds
Fundraising
costs		 12 388 388 377 377
Trading subsidiary 9, 12 444 444 249 249
Investment
management		 12 15 245 265 1S 216 236
Total Expenditure 847 3441 26 4315 641 3090 49 3780
Net Operating
Surplus/(Deficit)		 (c/fto neet Pnsef 1,084 (209) 2 877 1,671 (1,597) (23) 51

GROUP STATEMENT OF FI NANCIAL ACTIVITIES FOR THE YEAR ENDED 31DECEMBER20 YEAR ENDED 31DECEMBER20 21 (continued/
Unrestricted Restricted Total Unrestricted Restricted Total
General Designated Income Funds General Designated Income Funds
Funds Funds Funds 2021 Funds Funds Funds 2020
f000 EOOO f000 f000 f000 f000 f000 f000
Note 3 5-6 7-8
Net Operating
Surplus/(Deficit)		 (b/f from previous pose) 1,084 (209) 2 877 1,671 (1,597) (23) 51
Net gains on investments 388 6 285 131 6804 259 3603 76 3938
Net Income/(Expenditure) 1,472 6,076 133 7,681 1,930 2,006 53 3,989
Transfers between
funds		 4 170 170 1650 1655 5
Net Increase/(Decrease) in Funds 1,302 6,246 133 7,681 280 3,661 48 3,989
Reconciliation
offunds:
Total funds brought
forward		 6552 60590 1192 68 334 6272 56929 1144 64345
Total funds carried forward

GROUP BALANCE SHEE T ASAT31D ECEMBER2021
Unrestricted Restricted Total Unrestricted Restricted Total
General Designated Income Funds General Designated Income Funds
Funds Funds Funds 2021 Funds Funds Funds 2020
f000 EOOO f000 f000 f000 f000 f000 f000
Note 1-3 3-5 6-7
Fixed Assets
Tangible assets 15a 884 4,996 5,880 909 3,500 4,409
Investments 16 4 571 61838 1323 67732 3S19 57088 1190 61797
5,455 66,834 1I323 73,612 4,428 60,588 1,190 66,206
Current Assets
Stock 17 112 112 76 76
Debtors 18 583 583 649 649
Short term cash investments 19 500 500 632 632
Property asset held for sale 20 700 700 700 700
Cash at bank and in hand 842 846 460 2 464
2,737 2,741 2,517 2 2,521
Creditors: falling due within one year 71 338 338 393 393
Net Current Assets 2399 2403 2 124 2 2128
Total Assets Less Current Liabilities
Total Funds

Unrestricted Unrestricted Restricted Total Total Unrestricted Unrestricted Restricted Total
General Designated Income Funds General Designated Income Funds
Funds Funds Funds 2021 Funds Funds Funds 2020
EOOD EOOD EOOD EOOD EOOD EOOD EOOD EOOD
Note 1-3 3-6 6-7
Fixed Assets
Tangible assets ISa 884 4,996 5,880 909 3,500 4,409
Investments 16 4599 61838 1323 67760 3 547 57088 1190 61825
5,483 66,834 1,323 73,640 4,456 60,588 1,190 66,234
Current Assets
Debtors 18 638 638 682 682
Short term cash investments 19 500 500 632 632
Property asset held for sale 20 700 700 700 700
Cash at bank and in hand 818 822 455 2 459
2,656 2,660 2,469 2 2,473
Creditors falling due within one year 21 326 382 382
Net Current Assets 2330 2 334 2087 2 2091
Total Assets Less Current LiabIlities
Total Funds
The Notes on pages 35 to 49 form part ofthese financial statements.
The financial statements were approved and authorised for issue by the Board ofTrustees and were signed on its behalf on 10 May 2022.
Paul Rochford Steven Palmer
Chairman Honorary Treasurer

GROUP STATEMENT OF CASH FL OWS FOR THE YEAR ENDED 31 DECEMBER2021 DECEMBER2021
2021 2020
EOOD EOOO EOOD EOOD
Reconciliation
ofnet income to net cash flow from operating		 activities
Net income/(expenditure)
for the reporting		 period (as per the SoFA) 7,681 3,989
Depreciation
charges		 231 176
(Gains) on investments (6,804) (3,938)
Dividends,
interest and rents from investments		 (1,316) (1,345)
Donation ofproperty (1,650) (700)
(Profit) on the sale offixed assets (6)
(Increase)in
stock		 (36) (13)
Decrease/(Increase)in
debtors
(Decrease) in creditors		 66
~55		 (132)
~110
Net cash (used in) operating
activities		 (1,889) (2,073)
Cash flows from investing
activities
Dividends,
interest and rents from investments		 1,316 1,345
Proceeds from the sale ofproperty,
plant and equipment		 33
Purchase ofproperty,
plant and equipment		 (79) (788)
Proceeds from the sale ofinvestments 19,838 14,860
Purchase ofinvestments ~18969 L141156
Net cash generated
from investing
activities		 2 139 ~1261
Change in cash and cash equivalents in the reporting period 250 (812)
Cash and cash equivalents
at the beginning		 ofthe reporting period 1096 1908
Cash and cash equivalents
at the end		 ofthe reporting period ~14 ~1096
Analysis ofChanges
in Cash and Cash Equivalents
At 1)an 2021 Cash flows Other non-cash At 31Dec 2021
EOOD EOOO EOOO EOOO
Notice deposits (less than 12months) 632 (132) 500
Cash 464 382 846
Total cash and cash equivalents ~1096 250 134

The total fund balanc e as shown
in t		 he Statement
of Financial Activities
is analysed as:
2021 2020
EOOO EOOD
Charity general funds 7,813 6,543
Net assets oftrading company 41 9
Group general funds ~7854 ~6552
The net assets that comprise general funds are shown on the Group and Charity Balance Sheets.

Transfers were m ade at 31 Decem ber 20 21as f ollows:
General Designated Restricted 2021
Fund Funds Funds Total
f000 EOOD f000 f000
Designate general funds to cover running costs ofThe Laskett ~170 170
~17 170

Gardeners Lironi Garden 2021 Gardeners Lironi Garden 2020
Royal Ben Training Funds Total Royal Ben Training Funds Total
Funds Fund Funds Funds Fund Funds
f000 f000 f000 f000 f000 f000 f000 f000
Income from:
Donations 118 1,654 1,772 99 100
Legacies 37 37 6
Accommodation 46 46 45 45
Gardens 146 146 76 76
Fundraising events 1 1
Investments 953 71 191 1,215 954 69 202 1,225
Other 17 17 40 40
Total Income 1117 71 2.045 3.233 1.098 69 326 1493
Expenditure on:
Advice and casework 1,394 1,394 1,428 1,428
Grants and benefits 123 132 255 156 143 299
Gardens 879 879 578 578
Housing
and care		 72 72 60 60
Marketing 575 22 597 509 509
Investment management 192 14 39 245 168 12 36 216
Total Expenditure 146 940 3442 2 321 I55 614 3090
Net Operating
(Deficit)/Surplus		 (1,239) (75) 1,105 (209) (1,223) (86) (288) (1,597)
Net gains on investments 4,931 365 989 6,285 2,806 201 596 3603
Transfers between funds 250 250 170 170 1455 200 1655
Net Increase/(Decrease) in Funds 3,942 40 2,264 6,246 3,038 315 308 3,661
Designated funds brought forward 45335 3318 11937 60590 42297 3003 11629 56929
Designated funds carried forward
Tangible fixed assets 500 4,496 4,996 549 2,951 3,500
Investments 48,777 3,358 9,703 61,838 44,786 3,318 8,984 57,088
Net current assets 2 2 2 2
Net assets ofdesignated funds

7.
Restricted I		 nco me Funds
Client Children' s 2021 Client Children' s 2020
Grants Fund Total Grants Fund Total
Fund Fund
EOOD f000 6000 f000 EOOD
Income from:
Donations 3
Investments 25 25 26 26
Tota I Income 25 28 26 26
Expenditure
on:
Grants and benefits 18 21 44 44
Investment
management		 5 5 5 5
Total Expenditure 23 26 49 49
Net Operating
(Deficit)		 2 2 (23) (23)
Net gains on investments 131 131 76 76
Transfers between funds 5
Net Increase/(Decrease) in Funds 133 133 (5) 53 48
Restricted
funds brought		 forward 1 1191 11 6 1138 1144
Restricted
funds carried		 forward
Investments 1,323 1,323 1,190 1,190
Net current assets 2 1 2
Net assets ofrestdcted funds

With effect from 20
subsidiary.		 20, all activities
r		 elating to cat erin g and p lant sales at our gardens were transferred from the Charity to the
2021 2020
f000 f000 EOOD EOOD
Results oftrading subsidiary:
Turnover 461 240
Cost ofsales (205) (108)
Distribution
costs		 (59) (37)
Administration
costs		 ~180 ~104
444 42429
Trading profit/(loss) from subsidiary before payments to/from Charity 17 (9)
Payments
(to)/from		 Charity:
I.oan interest payable to Charity (1) (1)
Management
charges		 (7) P)
Donor recruitment charges 14 12
Marketing
benefit charge		 5 3
Recharged costs of shared activities 5 4
16
Profit ofsubsidiary for the year (before taxation and Gift Aid donation to Charity) 33
Gift Aid donation to Charity ~4
Increase/(Decrease) in funds ofsubsidiary
for the		 year 32 ~2
Net assets ofsubsidiary 37
Donations to Charity arising from customer orders 30 23
Other donations
to		 Charity generated by subsidiary's activities 3 12
10.Investment Income
2021 2020
EOOD f000
Income from UK listed investments 1,118 1,153
Income from UK listed property funds 198 187
Interest from short term cash deposits 5
1316 ~1345

2021 2020
f000 f000
Business rate rebate (at gardens) 35
Government grants (Coronavirus Job Retention Scheme) 32 32
Other miscellaneous items

12. Analysis ofTota l Expenditure l Expenditure by Activity
Advice & Grants & Gardens Housing Marketing Fundraising Trading Governance HO Investment 2021 2020
Casework Benefits &Care Costs Subsidiary Support Mgmt Total Total
EOOD EOOD EOOD EOOD EOOD EOOD EOOD EOOO EOOO EOOD EOOO EOOD
Grant payments 181 181 225
Benefit payments 34 34 48
Care &support costs
Property maintenance		 164 22 93 279 (6)
150
Depreciation 16 138 29 7 41 231 176
Publicity
&advertising		 141 10 151 110
Shows &events 15 44 59 20
Legacy &donor development 4 2 6 9
Cost ofsales (incl. distribution) 264 264 147
Payroll costs
Travel &subsistence		 992
27		 302
5		 274
3		 201
13		 163 414
10		 2,346
58		 2,225
61
Other staff costs 17 14 1 4 13 49 27
IT &communications 46 14 2 2 132 202 195
Legal and professional 6 8 17 23 43 99 86
Trustee meetings 9 9 1
Sundry expenses 13 18 15 16 82 70
Investment
management		 265 265 ~2
Total 1,117 215 649 58 475 298 444 32 762 265 4,315 3,780
Reallocated
HO Support		 costs 245 55 211 12 109 81 49 (762)
Reallocated
Governance		 costs 32 6 19 2 13 9 81
Expenditure
on Activity
Advice & Grants & Gardens Housing Marketing Fundraising Trading Governance HO Investment 2020
Casework Benefits &Care Costs Subsidiary Support Mgmt Total
6OOO EOOD EOOD EOOD EOOD EOOD f000 EOOD EOOD EOOD EOOOE
Grant payments 225 225
Benefit payments 48 48
Care &support costs (6) (6)
Property
maintenance		 83 23 44 150
Depreciation 24 79 24 9 40 176
Publicity &advertising 2 22 79 7 110
Shows &events 2 1 17 20
Legacy &donor development 8 9
Cost ofsales (incl. distribution) 2 145 147
Payroll costs 1,009 230 276 210 92 408 2,225
Travel &subsistence 37 5 3 8 8 61
Other staff costs 5 3 9 2 8 27
IT&communications 55 10 2 4 119 195
Legal and professional 7 2 10 28 37 86
Trustee meetings 1 1
Sundry expenses 20 13 10 18 70
Investment
management		 23 236
Total 1,161 273 437 45 393 275 249 29 682 236 3,780
Reallocated
HO Support		 costs 230 62 126 14 104 94 52 (682)
Reallocated
Governance		 costs 37 8 15 1 12 8 81
Expenditure
on Activity

13.Items Included
Within		 Total Expenditure
2021 2020
EOOD EOOO
Audit fees 18 18
Depreciation 231 176
14.Staff Costs
Key Mgmt Other 2021 Key Mgmt Other 2020
Personnel Staff Total Personnel Staff Total
EOOO EOOD EOOD EOOD EOOD EOOD
Wages &salaries 336 1,696 2,032 292 1,619 1,911
Pension contributions 22 93 115 20 92 112
358 1,789 2,147 312 1,711 2,023
Social security costs 34 151 185 32 157 189
Group life cover 2 12 14 2 11 13
394 1952 ~24 346 2 225
The average numbers
offull-time
(F/T) an
end ofthe year were:		 d part-time
(P/T) employees,
 together
w		 ith their full-ti me
equivalents		 (FTE),at the
2021 2020
F/T P/T FTE F/T P/T FTE
Advice &Casework 23.1 4.9 25.9 23.6 4.0 25.9
Gardens 11.5 7.5 16.6 10.2 3.8 12.1
Marketing 5.7 1.0 6.3 5.8 0.8 6.3
Fundraising 4.4 3.2 6.7 5.0 3.0 7.2
Other support staff 8.0 — 8.0 8.0 8.0
52.7 ~1. IL33 52.6 11.6 59.5

15a.
Tangible Fixed Assets (Group an		 d Charity)
Freehold Property Furniture & Computer Motor Total
Office Other Equipment Equipment Vehicles
f000 f000 f000 6000 f000 f000
Cost or valuation:
At 1January 2021 1,145 4,212 155 266 307 6,085
Additions 1,650 56 23 1,729
Disposals 120 120
At 31December 2021
Depreciation:
At 1January 2021 278 898 67 235 198 1,676
Charge for the year 21 136 28 21 25 231
Disposals 93 93
At 31December 2021 256 1 1
Net BookValue:
At 31December 2021
At 31December 2020 1 1 4 409
15b.
Tangible Fixed Assets —Details of Freehold		 Properties
Year of 2021 2020
Acquisition Value Value
f000 f000
Leatherhead
Office:
Kingston
Road, Leatherhead		 2007 ~1145 1 14
Retirement
Houses:
Comberton
Road, Barton, Cambs (6 bungalows)		 1968 544 544
Leigh Road, New Milton, Hants (1bungalow)* 2002 225 225
Manor Way, Henfield, Sussex (1bungalow) 2005 190 190
959 ~99
Gardens:
Fullers
Mill (garden)		 2013 304 304
Fullers
Mill (house)'		 2018 575 575
York Gate 1994 1,008 1,008
York Gate Cottage 2015 1,366 1,366
The Laskett** 2021 1650
49J33 ~53

16.Investments
Listed Property Cash for 2021 2020
Investments Fund Investment Total Total
EOOO EOOD EOOD EOOD EOOD
Market value at 1January 55,407 4,808 1,582 61,797 58,563
Purchases ofinvestments 18,118 851 18,969 14,156
Disposals at carrying value (19,838) (19,838) (14,860)
Revaluations 6300 504 6804 3938
Market value at 31December (Group) 59,987 5,312 2,433 67,732 61,797
investment
in subsidiary"		 28 28
Market value at 31December (Charity) 6182
*The Charity owns 100%ofthe shares ofGRBS(Enterprises) Ltd
No single investment represented
a material		 share ofthe total market value at 31December 2021.
All UK Property investments
are held		 in UK listed Common Investment Funds.
17.Stock
Group Charity
2021 2020 2021 2020
EOOD EOOD EOOD EOOD
Goods for resale 72 64
Plant stock for resale 40 12
112
18.Debtors
Group Charity
2021 2020 2021 2020
EOOD EOOO EOOD EOOD
Trade debtors 10 15 10 14
VAT Recoverable 6 2 1
Prepayments 114 87 110 86
Accrued legacies 348 470 348 470
Other accrued income 49 62 48 61
Other debtors 56 13 55 12
Due from subsidiary 67 38
649 638 682
19.Short Term Cash Investments
Group Charity
2021 2020 2021 2020
EOOD EOOO EOOD EOOD
Deposit and notice accounts 500 632 SQQ 632
20. Property Asset Held for Sale

21.Creditors: amounts
falling due within on		 e year
Group Charity
2021 2020 2021 2020
EOOD EOOD EOOD EOOO
Trade creditors 81 88 76 83
raxation and social security 44 47 44 47
Accruals 129 108 122 102
Provision for benefits payable 14 21 14 21
Deferred income 21 65 21 65
Other creditors 49 64 49 64
~93 ~26 382

Group and Charity
2021 2020
EOOD EOOD
13