THE BOTANIST FOUNDATION C.I.C.

Company limited by guarantee

Company Registration Number:
SC501767 (Scotland)

Unaudited statutory accounts for the year ended 31 March 2023

Period of accounts

Start date: 1 April 2022

End date: 31 March 2023

THE BOTANIST FOUNDATION C.I.C.

Contents of the Financial Statements

for the Period Ended 31 March 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

THE BOTANIST FOUNDATION C.I.C.

Directors' report period ended 31 March 2023

The directors present their report with the financial statements of the company for the period ended 31 March 2023

Principal activities of the company

The aim of The Botanist Foundation is to work with the people of Islay and beyond to further the understanding and conservation of the islands botanical diversity. It is to ensure that any harvest of Islay’s communities of wild plants is conducted in a sustainable and environmentally responsible manner that ensures its conservation and underwrites its long term future for generations to come.



Directors

The directors shown below have held office during the whole of the period from
1 April 2022 to 31 March 2023

S.P. Coughlin
D.A. Taylor
G.A. Archibald
J.E. Donaldson
D.J. Webster
N.W. Baker


The director shown below has held office during the period of
1 April 2022 to 15 September 2022

J.G. Reavey


The director shown below has held office during the period of
15 September 2022 to 31 March 2023

A.C. Logan


Secretary K Smith

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
7 September 2023

And signed on behalf of the board by:
Name: D.A. Taylor
Status: Director

THE BOTANIST FOUNDATION C.I.C.

Profit And Loss Account

for the Period Ended 31 March 2023

2023 2022


£

£
Turnover: 40,000 27,500
Gross profit(or loss): 40,000 27,500
Administrative expenses: ( 17,765 ) ( 26,811 )
Operating profit(or loss): 22,235 689
Profit(or loss) before tax: 22,235 689
Profit(or loss) for the financial year: 22,235 689

THE BOTANIST FOUNDATION C.I.C.

Balance sheet

As at 31 March 2023

Notes 2023 2022


£

£
Current assets
Cash at bank and in hand: 24,483 3,130
Total current assets: 24,483 3,130
Creditors: amounts falling due within one year: 3 ( 1,391 ) ( 2,273 )
Net current assets (liabilities): 23,092 857
Total assets less current liabilities: 23,092 857
Total net assets (liabilities): 23,092 857
Members' funds
Profit and loss account: 23,092 857
Total members' funds: 23,092 857

The notes form part of these financial statements

THE BOTANIST FOUNDATION C.I.C.

Balance sheet statements

For the year ending 31 March 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 7 September 2023
and signed on behalf of the board by:

Name: D.A. Taylor
Status: Director

The notes form part of these financial statements

THE BOTANIST FOUNDATION C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

THE BOTANIST FOUNDATION C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

THE BOTANIST FOUNDATION C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Creditors: amounts falling due within one year note

2023 2022
£ £
Accruals and deferred income 882
Other creditors 1,391 1,391
Total 1,391 2,273

COMMUNITY INTEREST ANNUAL REPORT

THE BOTANIST FOUNDATION C.I.C.

Company Number: SC501767 (Scotland)

Year Ending: 31 March 2023

Company activities and impact

We work to implement and offer support to conservation programs appropriate to the maintenance of sustainable populations of key plant species and pollinators through consultation with appropriately qualified external authorities on matters relating to conservation, biodiversity and sustainability. Our mission is to promote the conservation, biodiversity and sustainability of Islay’s plants and wildlife by means of grants and memberships to the benefit of residents and visitors of the Island of Islay.The Foundation has extended its subscriptions, memberships, project funding and engagement with local and national conservation groups in order to support its activities and contribute through its experience.Financial and proactive support of local and national conservation group projects included:Marsh Fritilliary Project: Long-term project with Butterfly Conservation Scotland to support the conservation of the Marsh Fritilliary butterfly, which currently has the highest threat and priority category in Butterfly Conservation’s Scottish Conservation Strategy. This butterfly is restricted in Scotland to the Inner Hebrides and has a stronghold on Islay. Education: Bursaries provided to three students from Islay. Courses funded are a BSc and MSci in Marine and Freshwater Biology, a BSc in Agriculture, and a Bachelor in Veterinary medicine and surgery.Botanic gardens: Funding to Botanic Gardens Conservation International. This has enabled them to do key projects such as work in Vietnam to conserve wild Camellia Dilinhensis Tran and Luong, and implementation of a Sensorial Garden in Brazil, amongst other projects.RSPB: Corncrake calling project. Working with farmers and crofters to incentivise delayed cutting or grazing of grasslands in corncrake hotspots. Designed to monitor corncrake populations, which reside almost solely in the Western Isles and have been in decline.Memberships: Memberships of conservation bodies including the Bumblebee Conservation Trust and Plantlife International.

Consultation with stakeholders

Much of this year’s engagement and consultation with Islay residents, visitors and relevant local and national conservation bodies has been about scoping and developing current and future activities. The Foundation has maintained its subscriptions, memberships, project funding and engagement with local and national conservation groups in order to support its activities and contribute through its experience.Key bodies include: The residents and visitors of the Island of Islay, Islay Natural History Trust, Islay Development Initiative, Islay High School, Argyll College, Bumblebee Conservation Trust, Buglife, the Royal Society for the Protection of Birds, Plantlife, The Botanical Society Scotland, Scottish Natural Heritage, The UK Centre for Ecology and Hydrology.A new website was launched to inform the public about The Foundation.

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
7 September 2023

And signed on behalf of the board by:
Name: Douglas Taylor
Status: Director