THE ANNALS OF BOTANY COMPANY
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net movement in funds of negative £173,450 for the year ended 31 December 2024, resulting in total unrestricted funds of £3,721,547. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future, adopting the going concern basis of preparation. The charity does not undertake any fundraising activities and relies on journal revenues, investment income, and gains.
What the accounts disclose
“The Policy governs all the financial activities of the Company in such a way as to achieve prudent and permanent delivery of the Company’s objectives. In outline, after the operating expenses of the Company have been met, all remaining reserves, which totalled £3,718k in 2024 (£3,895k in 2023), are divided into two Designated Funds. The first is a Production Reserve, held on secure deposit and designed as a bridge to support the continued production of the journals in the event of greatest foreseeable financial emergency, namely to finance one year’s production of the journals on premium terms should the Company's usual sources of income and of production both fail completely.”
Corporate structure
- Registered company of the charity Companies House 00078001
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- PROFESSOR HUGH GORDON DICKINSON DScchair
- PROFESSOR GAIL TAYLOR
- Professor Iain Simon Donnison
- Professor Philip Mark Gilmartin
- Professor Roderick Hunt
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £578k | £585k |
| 31/12/2023 | £579k | £485k |
| 31/12/2022 | £505k | £456k |
| 31/12/2021 | £539k | £388k |
| 31/12/2020 | £540k | £431k |
Common questions
Is THE ANNALS OF BOTANY COMPANY financially healthy?
The accounts state that the charity reported a net movement in funds of negative £173,450 for the year ended 31 December 2024, resulting in total unrestricted funds of £3,721,547. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future, adopting the going concern basis of preparation. The charity does not undertake any fundraising activities and relies on journal revenues, investment income, and gains. Its FY2024 accounts were audited by Bishop Fleming LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ADRIAN SWIRE CHARITABLE TRUST | 1 | £5k |