Charlty R•gl•tr•tion No. 1206937 Company Registratlon No. 127574881England and Wales) PLANT HEALTHY LIMITED ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 PLANT HEALTHY LIMITED LEGAL AND ADMINISTRATIVE INFORMATION Slr Nichola8 Bacon Bt OBE DL KCVO mothy J8mes Kentish Barnes Peter Geraint Rk*ards Professor NScola Jane Sp8n¢o Charlty numb•r 1205937 Comp•ny numbtrr 12757488 R•gl•t•r•d offlc• Estsle Office Ravenlngham No￿lCh Norfoilk NR14 6NS PLANT HEALTHY LIMITED CONTENTS Pag• Tru8tee$'$ roport Indopendenl 8xamlne¢8 report Slalement of fmandal actlvltlfj¥ Bolpnce sheet Not•8 10 thè flnandal 8tatemanls 8-10 PLANT HEALTHY LIMITED TRUSTEES'S REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 AIARCH 2025 The Iruslees pre$enl théir r8POrt and unaudlted finan¢ial statements for the year ended 37 March 2025. The fln8naal slatem8nls have been p￿pared in accordance with the accounting poliues sel out Sn note 1 to the financial 5tatem8nls and comply w￿h the charity's gOve￿Ing document. the Comp8nie3 Act 2006 and 'Accounting and Reporting by Charili8s'. Statem•nt ol Recommended Practice applicable lo charities preparing their accounts In accordance with the Financial Reporting Standard applieable in the UK and R&public of Ireland IFRS 1021 {as amend8d lor accounting periods ¢omTnencing from 1 January 20161 Obl•ctl¥•¥ and a¢tlYltl Th8 charbly's objects are 8P8cWOcally restrictod lo the followlng.. 11 lo promola for th& benèfit of the pubuc tha conservation of tha 8nvironmenl by the Pfolèdion and improvem8nl of planl-lif8 and biodiver8lly In the United Klngdom and elsewhere, induding by increasing awaren8ss of responslbly grown and purchased plants.. 2> 10 advance the 8ducallon of tha publlc In the Subject of plant diver8ity and prolaetion from plant pests and disea$g8. The chorlly does not have any significant restricted funds or endowm8nl funds. There has not been any ch8ng6 lo policias adoptod durlng th6 year. The lrii8lees havg paid duo rogard 10 9uldance i$8ugd by the Charty Commi88Son In d¢ckling what actlvitie8 the charity should un(Jertake. Achl•v•m•nts and p•rforni•n¢• Ouring tha year Ihe chanty re¢ruiled a new project dlrector with a slrong hortieullure Industry back9round and knowledge of plant hoallh procedures to oversee ils daily operallons. A new 5-year business pl8n was compll8d with the support of Delra and F8ra Science as Ihe basi$ for a new, more substantial Delra funding aTrangemenl. initiAlly for 3 y8ars from April 2025. This Is dg8ign8d lo support a growth In membership and the uptake of good bloseujrily pracllce. as w811 as raising public awaren8ss of the Importance of bi058curity. Good progress was made durlng th• reportlng year and this h88 conlinu•d in the following months. Flnan¢lal rnvl•w The statement ol finandal activities for the year on page 4 shows a nel dèficit after corporallon lax of £30,551 12024 - nel surplus after corporation tax of £3,566). All ol th8 funds received during the year We￿ unreslricled fund$ whlch could bè used lo enable the ¢harily lo meet its runnlng costs. During the year the charlly gen8raled Income of £80,00212024- £103,119> and Incurred expenditure of £91.522 {2024 - £98.S841. At 31 March 2025 total generatèd lunds wara £4,07812024- £34,629), all of whlch Is unrestricted funds. Al the balance shèèt dale there was no lomial reserves pollcy in place. 11 is int•nd$d lo Introdu￿ a poliGy of tha chanty that tha level of reserves required wtl be updalad from lime lo lime, based on maintaining the operation of the charity for a period of 12 months, without any further income other than those surns imrnedial8ly due, lo COV9r the rernaining cartifiealion period of all exlsling members. The calculation allows all ctsg18 to be mel in months 1.2, with an initial wind down from month 3 and a final wlnd down from month g. The reserve$ are held in a non-lnleresl bearing bank ac¢ounl. The trustee5 has as8e888d the major flsks lo whi(* the cha￿ty 1$ exposed. and are salisfigd that syslems are in place to mitigate exposure to the major risks. Stru¢tUrnp govemance and management The charity is a ¢ompany limiled by guarantee incorptsraled on 21 Juty 2020 and is Constiluled by mèmorandum and artides of associats'on. The company registered as a charity on 28 November 2023 and Ihe company's regisl8red Charity number is 1205937. PLANT HEALTHY LIMITED TRUSTEES'S REPORT (INCLUDING DIRECTORS. REPORT) ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 Th• tru¥toe8. who are also the direetorn lor the purp)s8 ol ￿fflpany law. wkno 8emd durlng tho y88f and up lo th• dale of signaluro of lh& financial statements wre.. Sir Nithc4a8 Bacon Bt OBE DL KCVO Timothy Jgmes Ken118h Barne8 P•i?r Qeraint Rlchards Piof•ssw Nlcola Jane Sp•nc? Th8 olappolnting now trus¢eo818 vestsd In oxi8tMig Im$t••8. Non• of lh8 truste•i has any bellellc4al i)lerest in Iho corry>any. AJI ol the tsuste&8 ar• members of IhB company and guaranto8 to GonlrflM*te lo Ihe •$sets and15abilitio$ oftho charty on whdng up ouch amounts )8 may be requlred not •XC8edlng £10. Thè ￿mpIn￿l Current polky o)ncernhg the paym8nl oftrade credltorn IS to folow tho CBf$ Prompt Payers Cod• IcÈ.QErKIsEtyL PLANT HEALTHY LIMITED STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unre¥trSct•d Unr8strid&il lunds funds 2026 2024 Note• Charitable act1￿119$ 60,002 103.119 Charitable activf¢le$ 91,522 98,584 Corporation lax 19691 Total r••ourcM •xp•nd•d •ft•r ¢ory>orntlon tsx 90,553 99,553 14•t l•xp•ndltur•llincom• for th• y••rl N•t mov•m•nt In lund• 130.5511 3,S60 Fund balances al 1 Apr612024 34.629 31,063 Fund balanc•• •t 31 March 2026 4,078 34,629 The slalern•nl of finandal actlvi1185 indudes all galns and losses racognised In the year. All Income and expendhure derlve from contlnulng a￿￿}￿11•&. Tho slalemenl of finandol actlvhles 8180 comptle8 wllh the requlremtnls for In income and expenditure account under Ihg Companies Acl 2008. PLANT HEALTHY LIMITED BALANCE SHEET AS AT 31 MARCH 2025 2025 2024 currentl￿*￿ Dabtor8 Cash al bank and in hand 8.489 18.949 35,528 25,459 27,418 60,987 Crgdltorn: •mounts hlllno du• with41 onv yoar {23,3401 126,358} Not ¢uThent A*i•ts 4,078 34.629 lTreom• lund¥ Unre8ffidèd fLnda 4.078 34,629 4,078 34,629 Tha CoMp￿Y IB 8ntlt19d to th• gxemptbn f￿rn th• audit r•qulr•m•nl centainod In i•ction 477 01 th• Companl••A 20CK8, for th y•ar ended 31 M4rch 2025. The tru6teo1 a¢knO￿•d90 Ihlir rnsponsibilltloi lor en¥urlng th•1 th? charlty k￿p# accountkng re￿rdS whlch comply with secllon 386 of th8 Act *nd lor preparlng financlal 8tatement8 whlch give g truè •nd lalr vlew of Ihe ¥late ol affa￿¥ of the ￿mpanY as al tha end of Iha finan¢iaJ yèar and ol Ils In¢omlnll reSou￿￿S and appli¢¥tion of rgsources, In¢ludhg Its Intome and expendllure. lor tha financial year In accordanca wtth the reqwomenls ol sè¢titsn8 394 and 395 and whkh oth0￿188 comply with th8 roquirem8nl$ of the Conw•nlo8 Act 2006 relal'nB ta finan¢l•l Bla￿M•￿8. $0 far a$ appllrAbl* lo tha company. The rnembers have not rèquired th• ¢tsmp8ny lo oblaln 4rt audR ol tt8 flnanool $talem•nls for the year In queitlon In ¥ccoidancè wilh eectk)n 478. The%• llnArtekg16tatwn•ntB have b•en pr•p•red in acMrd•nr• wllh th• provlJbn• •ppJrAblg to companl•s wbjgcl to the Small mpanles r?￿rna. anc181 atementswèro 8pwov•d by th• on I l...il￿.¢..￿.1H ra It 2¢*2 Sir Nl¢holgs B Tru•l•• con t OBE DL KCVO Comp•ny Regl•tr4tion No, 12767488 PLANT HEALTHY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounllng pollclgl Charity Inforniatlon Pl8nl Healthy Limited Is a private company limlted by guarantè8 incorporated in England and Wales. The registered office 16 Estate Office, Ravaningham, Norwich, Norfollk. NR14 6NS. 1.1 Accountlng conv•ntlon Tho financial statements have been prepared accoidance with the charity'8 Igoveming docum&nll, the Companies Act 2006 and 'Accounling and Reporting by Charities.. Stslemenl of Recomrnended Praclice applicab18 to charities preparlng their aecounls in accordance with the Financial Reporting Standard applicable in th& UK and Republie of Ireland IFRS 1021. {09 omended for ac￿u￿￿ng periods commanryn9 from 1 January 20161. The charity is a Public B8nèfft Enlhty as d8flned by FRS 102. The charity has taken gdv8nt89e of th& pro￿810n$ in the SORP for char5tiè8 applylng FRS 102 Updab Bulleun 1 not to prepar8 8 Statement of Cash Fkw8. The oompany achi•ved charitable slaluB from Ihe Charlly Comrnl¥¥lon on 28 November 2023 and ha$ prepared 11$ ac¢ounlB In accordance with the SORP for both the currént and pric+r year. The fin8ndal slalements are prepared in st8rflng, which is the funclSonal currency of Ihg charity. Monetary amounts In Ih88e financlal stat8m•nts are rounded lo the nearest £. The financial slatemenls have been prepared under the historical cost convenlion. The principal accounting poIicAes adopled are $81 out beltsw. 1.2 Golng ¢on¢em At the time of approvlng th• finan¢lal statements, the tru8tee8 have a r8a60nable expectation that the charity has adequate resources to continue in operational exist8nce lor th8 foresè8abl8 future and is able to méet ils liabilitiès as they fall due for payment. Thus th9 truslaas Gonlinug lo adopt the 90ing concem basis of accountlng In prepa￿ng the finanual statomenls. 1.3 Ch•ritsbl• fund• Unrestricted funds are available for use al Ihe dlscrellon of th& Iru81888 In furth&ranco of Ihglr charitsble objectives unle89 the funds have been desi9naled lor other puryjoses. Reslricled funds are subl8Ct lo specific condllbons by donors 86 lo how Ihey may be used. The purwse8 and uses of the reslriclad funds arg s¥1 oui in the note5 to the financial Statements. Endowment funds are subject to SP8clfic condlllon8 by donors that the capital musl be malnlalned by tho charity. 1A In¢omlng resource8 Income 18 rgcognised when the charily15 18gally enllll&d lo11 after any perfomance condttSon8 have been met. the amounts can bo measured reliably, and It is probab￿ that ineome will be received. Cash donati￿8 are recognis8d on rec&ipt. Other donations are recognised once the dlarfty h88 been nollfied of the donation, unless p8rformanre conditions require deferral of the arnounl. Incorne tax recoverable in relation to donations recelved under Gift Aid or deeds of covenant is recognised al the time of the donation. Legacies are recognised on receipt gr othe￿158 if the charity has been notified of an impending dBlr1bul￿n. the amount is known. and receipt 15 expected. N the amount is not known, the legacy is Ireated as a conllngenl as$eL Defra fundin9 Is re¢ognS$ed when the charity has entitlement to the funds. any performance Condit￿nS have bgen mel, It is probable that the inra)me will be received and tho amount can be measuced r81iabty. PLANT HEALTHY LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Aceounllng policles IContlnu•dl Income Teceived in advance of the provision of a specrfied Se￿￿ is déf•rrèd vnlil the criterra for income rttcognition are mal. Membership subscripllons are invoiced in advance and incomo Is rè¢ogni5ed over the temi of Ihe membership with arnounts relatlng lo future periods shown as defèrred income. Certlll¢ation, ￿nsUltancY and audrt fees are recognised to tha extent Ihal Ihe service has been delivered. 1.6 Re•ourc•s exp•nd•d Expènditure is recognlsed once Ihere is a lèg81 obllgalion lo Iransler aeonomlc benefll lo a third party, il is probable that a transfer of eeonomic benefit will be required in settlement and th& amount of the obligation can b8 m&asured reliably. Expgndtture Includès 811 VAT that cannot b& r&cov818<1. Exp8ndilure Is dassified by activity. The costs ol each actiwty are made up ol the lolal of di￿ cosls and shar8d costs induding support cosls Involved undertakSng each acllvlly. Dlrect costs attributable to a single actlvlly ar8 a110¢81&d directly lo that 8clivity. Shared cosls whl¢h contribute lo more than one activity and support ¢o$ls which are nol allrlbutable lo a sing18 activity are apportioned behveen those activllles on a b8s15 con$i8l&nl with the use of resource5. 1.0 Cash and ¢4ih oqulval•nts Cash and cash equlvalents Include cash In hand, dep08118 held al call with banks, olher short-lem liquid investments with original malurilies ol thre8 month$ or le6B, and bank overdraft$. Bank overdrafts ar& shown wlthln borTowSngs in current Ilabllilieg. 1.7 Flftan¢l•l Instrumonts Th¢ ¢h8rity has eleclad lo èpply th8 provisSon$ of Section 11 'Basic Flnandal In8lmrnenl8' and Section 12 'Olh8r Flnancial Instrumenl$18sues' of FRS 102 to all of ils finan¢l81 In$lruments. Flnancjal Instrumènts are recognised Sn the charity's balanc8 sheet wh6n the Charity becomes party lo the conlraclual provlsions ol the inslrumenl. FSnanclal 8ssel3 and liabllSll&s are offsel, with thè net amounts w85enled in the finaneJal stalernenls, when Ihere Is a legally enforc8abl8 dghl lo set off the 19￿gnIsed amounts and ther8 is an Intentlon lo settle on a net bgsls or lo realis8 tha assgt and 8ettle the liablllty simultaneously. 8•slc flnanclal 4s$•ts Basic financial assets, which indude debtors and cash and bank balances, 8ie initially measured at transaction pricè induding transaction ¢osls and are subsequèntly caftied al amortised cost using the 8ffeclive inleiest method unless the arrangement conslilules a fin8nring transaction, where thg Iransadi¢n is measured al the present value of the lulure receipts dlscounled at a market rale of Inl&resl. Finanoal assets dassffRtl as receivablè within one year ar9 not amortised. Baslc Iln¥ncl41 li•bllltl•s 8asic financial li4bllilie8, includin9 cr8diloTs and bank loans are Inrtially recognised at transacts'on pricè unle3S the arrangamènl constilules a financing transaction. where the debt instrument is measur8d at thè p￿8ttnt value of thè future payments dlscounled at a market rata Of interest. Financial liabilitiés classified as payable within on8 year are not amorti¥gd. Dtrbt instruments are subsequently carried at amortised eost, using the effective inl&rest rale rnelhod. T¥8de creditors ara obligations lo pay for goods or services that have been acquired in the ordinary course ol operations from suppliers. Amounts payable are classified as cuirenl liabilities if payment is due within ¢)n8 year or less. If not, they are presènted as non-current liabililies. Trade creditors are recognised inttially al transaction price an¢J subsequentty measured at amorti8ed Cost using the effective interest method. PLANT HEALTHY LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Aceountlng policl•i IContlnu•dl D•r•¢o9nlllon of Ilnanclal liabiliti•s Financial liabilities ale d&recognised whèn the charity's contractual obligalSons expirg or are dischargod or cancalled. 1.8 Taxallon The lax expense fepresènls the sum ol the tax curT&ntly payable and deferred lax. Current lax The lax currently payablè18 based on th¥ taxable profil for thè year. Taxable profit drflers from nel profit as reportad in the incom8 and expendiluro account becaus8 It eKdudes items ol income and expenses that aro taxable or deductiblo in other years and il further 8xdudes ilems that ara never 18xable or deductibl8. The charitys liabilily for current lax is calculated using lax iales Ihal hava been •n8¢ted or 6ub8lanlivgly onaded by thè reporting gnd dale. Deferred lax Deferred lax liabiliti&s ar¥ generally recognised for all tlming dlfferences and deferred tsx asse15 ara recognlse(I lo Ihe extent that il is probable that they will b& recovered against lh¢ rev&rsal ol deferred lax liabilities or other lulurtr taxable proflts. Such assets and 118bililies are not recognised rf the timing differenca rises Irom goodwill or from the inillal recognition of olhor 866el6 and Ilabili11os in a transaction8 thal &ffèct8 nellher the lax pront nor the accounllng profll. The carying omounl of def•rr8d lax aBsets is r•vi¥wed al each reportlng end dale and r8duc8d to tho •x¢enl th81 il 16 no longer probable that sufficJenl laxablè profil8 will be available lo allow all or part of lh¢ a$sel lo be recove￿d. Oeferred lax is calcul818d al the tax ralè$ that are •xpe¢ted lo apply in the perlod when thg liabl1￿Y 15 s8ltl8d or Ihe asset 18 feali8ed. Deferred lax Is charged or crèdited in the profil and loss accwTrl, except when it relates lo items charged or credlled directly lo eqully, ￿n which case tha dèleffed lax 1$ also deall with In eqully. Deferred lax assels and liabilities are olfset when the charity has a legally &nfor¢eable right to offset currènt lax ass•ts and liabilities anij the deferred tax a$8els and liabilities r¥l81& lo tax levied by the 3am• lax 8ulhorlly. Crltlcal a¢counting 08tlm•t•• Ind ludown•nt• In the application of Ihè charity's aecounting policlts. the Iruslees are requlred lo make judgernenls, estim8185 and assumptions about the ¢arySng amount of assets and liabili1Ses that are not readily apparent from other sources. The eslimales and 8S8ocialed assumptions are based on hislorical experiencè and other factors that are considered lo be fal8vanl. Actual results may differ from these estimates. The •$limaleB and undedylng assumption5 are revièwed on an ongoing basls. Revisions lo accounting èsh'males ar6 recogriised in tha peiiod in which the estimate is revised where the revision affects ¢J)ly that period, or in tho pwiod of the rèvision and lultsre periods wh&ro th& re￿$ton affects both curr8nt and flrture periods. PLANT HEALTHY LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 hlARCH 2025 Charltsble actlvStl•s Plant H•alth 202S Plant Health 2024 charitab￿ in¢ome.' M•mbership subscrfptlons Cartifl¢allon foeG Dofra lundlng Donations Consuh8ncy fe08 Audll fees 2,692 27.120 24.190 4,102 18,863 60,935 10.000 6.000 3,218 103,119 4ChaYlt¥ble actlvltbel Pl•nt health Pl•nt h•alth 2025 2024 Charitable expendllure: Computer iunnlng costs M8nagem8nl 8eMee fe•J L8981 and prof•88ional fe85 Bank ¢harge3 Bad debts In$ur8nce Wabsite support and malnlenan¢• Sundry 8xpen808 Intorost on late payment of corptsr8llon tax 274 75,377 11,430 629 111 77,182 18,975 607 400 1,985 972 320 52 2,786 1,028 91,522 98,584 91.522 98,584 Truit• During the y•ar no Iru8188s recèived any remunerallon. Employee• There wer& no 8mployees during the year. PLANT HEALTHY LIMITED NOTES TO THE FINANCIAL STATEMENTS {CONTINUED FOR THE YEAR ENDED 31 MARCH 2025 D•btorg 2025 2024 Amount• fallSng du• wlthln on• y•ar: Trade deblors Corporation tax recoverabl8 Pr•paymtnls and accrued incom• 1,800 969 7.334 33.928 8.489 35.528 Cr•dStorn: amounts f•lllng du• within on• y•ar 202$ 2024 Nots• Corporallon ta¥ payabl• Deferred Income Accrual8 17,817 5,523 13.879 11,510 23,340 26,358 O•f•rr•d In¢om• 202S 2024 Oth•r dgferred Income 17,817 13,879 10 Rol•ted party trans•ctlons There were no d16ck*S8ble related party transactions durfng the y&8r. 11 M•mb•r8' Ilablllty The charity 1$ a company limited by guaranlee, not having a shgr8 capital 8nd consequently the liability ol members is limlt•d, Subject lo an undertaking by each mownberlo contributo lo the nel a¥¥el¥ and113blilie¥ of the chgriiy on winding up suth amounts as may b8 rggulred not exceedlng £10. 12 Addltlonal Infonnatlon The company achleved tharitable status from the Charfty Commlsslon on 28 November 2023 and has prepared its actX•unl8 in ac¢ordanc£ wilh thg SORP for both the ¢urrenl 8nd prior year. 10-