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.The Institute forAgriculture and Horticulture- Annual Report and Financial Statements
For the year ended 31 March 2025
The Instltute for Agrlculture and Horticulture
(A Company Ilmlted by guarantee)
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 March 2025
Company No: 03824061
Charlty No: 1091213
'AEHTQTFS*
2011212025
COMPANIES HOUSE
A10
#59

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The Institute forA8riculture and Horticulture-Annual Report and Financial Statements
For the year ended 31 March 2025
CONTENTS
Reference and Administrative Details
Trustees, Annual Report
Independent Auditorfs Report
8-12
Statement of Financial Activities
13
Balance Sheet
14
Statement of Cash Flows
Is
Notes to the Financial Statements
16-22

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The Institute forAgriculture and HorticUltu￿- Annual Report and Financial Statements
For the year ended 31 March 2025
REFERENCE AND ADMINISTRATIVE DETAILS
TRUSTEES/DIRECTORS:
RRMBerry
B J Dixon
J J Florsheim
A J Greed
R Hallos (Appointed 3 June 2024)
S P Jacob
R W Longthorp
R D Morley
M J W Naylor (Appointed l July 2025)
S M Oldfield
O W Piper
SECRETARY:
S Jacob
REGISTERED OFFICE:
I St. James Court
Whitefriars
Norwich
Norfolk
NR3 IRU
REGISTERED NUMBERS:
Company No:
Charity No.
03824061
1091213
AUDITOR..
Blshop Fleming
Chartered Accountants and Statutory Auditor
10 Temple Back
Bristol
BSI 6FL
BANKERS:
HSBC Bank UK plc
Roferefice Dnd Adrnlnlstratlvo Detalls

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The Institute for Agriculture and Horticulture- Annual Report and Financial Statements
TRUSTEES. ANNUAL REPORT FOR THE YEAR ENDED 31 March 2025
The Trustees, who are Directors of the Institute for Agriculture and Horticulture ('the Charitv), present
their annual report and financial statements for the year ended 31 March 2025.
Background and Relationship with Department of the Environment. Food and Rural
Affairs
Within the agriculture and horticulture industries a Senior Leadershlp Group ISLG), was formed in 2018,
under the chairmanship of Lord Donald Curry, with mernbers from a wide background, to address how
to take forward skills development. The SLG decided that it was appropriate to approach the
Department of the Environment, Food and Rural Affairs (Defra) for funding to form a new professional
institute to SUPPOrt agriculture and horticulture production industries and consequently a business case
was prepared. The SLG formed into a Development Board in 2020, with David Fursdon taking the chalr,
to further develop the project. In the Agricultural Transition Plan 2020, published in November, Defra
committed to contribute to support the establishment of a new Institute forAgriculture and Horticulture
{TIAHI. A key objective for the SLG and the Development Board was to reduce fragmentation and
consequently rather than formln8 a new legal entity consideratlon was given to existin8 vehicles that
might be appropriate for TIAH. As a result, a successful approach was rnade to the trustees of the
dormant charity. Agskills Limited, for it to be the legal entity for TIAH. Defra gives ongoing commitment
and support throu8h the remittance of a five-year grant whlch commenced In July 2021. The Charitv
does not proactively fundraise at present.
Structure, Governance and Management
Governlng Document
The Charity is incorporated as a private company limited by guarantee. Its governance framework is that
set by the Charities Regulatory Authority under the Charities Act 2009, and as laid out in the Charities
Governance Code.
The Articles of Associatlon of the Charity detail the objects and powers of the Charity. Whilst the objects
of the charity have remained the same, some of the Articles of Association were updated for thé first
time in 20 years to reflect current practice in the prior year. In the event of the Charity being wound up,
rnembers are required to contribute an amount not exceeding £1 each.
Recrultment and Appolntment of the Board of Trustees
The TIAH Board is skills based to ensure that it includes experience financial, legal, digital, marketing,
agriculture and horticulture and other relevant fields.
Trustees are aware of their obligations in law as Trustees and Directors and are encouraged to acquaint
themselves with publications and guidance available from the Charity Commission and abide by the
seven principles of the Charity Governance Code. Members of the Board have access to external Trustee
trainlng.
Auditorf5 RÈport

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The Institute for Agriculture and Horticulture- Annual Report and Financial Statements
TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 March 2025
The Trustees serving during the year were as follows:
Name of Trustee
J M Batchelar OBE
RRMBerry
BJDixonx
J J Florsheim
E D Fursdon 'x
AJGreed#
R Hallos
J S Haynes
S P Jacob
R W Longthorp OBE *
R D Morley '
MJWNNaylor
S M Oldfield #
O W Piper
KJ Quinton #x
J D Swadling OBE #
Appointment
10 February 2025- resigned 15 July 2025
27 April 2022
26 December 2019
27 April 2022
22 February 2021- resigned on 29 January 2025
27 April 2022
3 June 2024
27 April 2022- resigned on 21 July 2025
19 June 2023
8 September 1999
22 February 2021
l July 2025
27 April 2022
22 February 2021
22 March 2021- resigned on 12 December 2024
26 December 2019 - resigned on 29 June 2021, and
reappointed on 27 April 2022and resigned on 31 July 2025
# Member of the Audit and Risk Committee
Member of the Flnance and General Purposes Committee
x Member of the People, Remuneration and Nominations Comrnittee
Organ15ational Structure
The Board of Trustees meets at least five times a year and oversees the future stfategy of the
Charity, finance and current project work.
The Charity has launched the first five-year strategic plan which is built around the following five
key goals:
to achieve recognition of the industry's professional standards and abilitie5;
to deliver a professional framework which informs the development of qualifications and
lifelong learning;
to become recognised as a source of information on careers and progression opportunities;
to deliver a professional institute that helps transform the industry;
to establish a business model that ensures TIAH'S sustainability.
The Trustees have also established sub committees on Finance and General Purposes, Audit and
Risk and People, Remuneration and Nominations to report to the Board and the membership of
each are shown above.
The Charity held Trustee Indemnity Insurance during the year.
Auditorfs Roport

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The Institute for Agriculture and Horticulture- Annual Report and Financial Statements
TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 March 2025
Principal risks and uncertainties
The Trustees have examined the rnajor strategic, financial. operational, and reputational risks which
the charity faces and regularly review what actions can be taken to mitigate these risks. The three
risks that would have the highest impact are.. a change in Defra policy which results in a change to
the grant funding; inflation which results in a delivery reduction against the grant; the inability to
secure sufflclent members.
The Charity has policies to mitigate against these risks.
Objectives and Activities
The Charitvs aim is to be the home of skills and careers support for those working in agriculture and
horticulture, providing tailored online learning and other practical professional tools to help
Improve farm productivity and profitability.
In the conslderation of projects, the Trustees have due regard to the Charity Commission's guldance
on public benefit. The Trustees always ensure that the tran5actlons undertaken are in line with the
aims and objective5 of the Charity.
The charitable objectives are to:
Improve agriculture for the benefit of the public at large by the provision of
education, training, advice, and information for people working in agriculture and
horticulture.
Embed a culture of lifelong learning and continuing profe55ional development.
Drive 8reater uptake of training.
Promote a8rlculture and hortlculture as a progressive, professional and excitlng career
cholce for those within the Industry, potential newcomers and consumers.
Flnanclal Revlew
Total income for the year ended 31 March 2025 was £2.17m (2024: £1.35m).
£1.69m (2024: £1.31m) was paid out in respect of the production of the learning platform and
content and support costs. In addition, £39k (2024: £103kl has been capitalised as the learning
platform which is now in use and being amortised. Reserves at 31 March 2025 amounted to £2,172k
of which £18k was unrestricted funds (2024: £1,699k of which £8k was unrestricted funds).
Audltorfs A•port

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The Institute for Agriculture and Horticulture- Annual Report and Financial Statements
TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 March 2025
Reserves and Investment Policy
The Reserves at the year end of £2,172k (2024: £1,699kl are primarily in respect of the Defra grant
to be spent on the forthcoming yearfs budget and the committed funds for the completion of the
learning platform. The grant is remitted on specific dates within the year and expenditure 15
budgeted within this schedule of payments which can be revised in accordance with commitments
made. Under the terms of the grant anything that is .unspent but not committed cannot be
recognised in the year.
The 2024 budget contains a contingency to cover unexpected or increased expenditure within the
grant.
The Charity has free reserve5 of £15,93112024: £8,301) and the Trustees have approved a Reserves
Pollcy now that the Charity Is able to offer servlces to mernbers and receive income in this respect.
Approval had been given from Defra that TIAH can unrestrict sufficient funds in line with TIAH'S
Reserves Policy and Grant Funding Agreement.
The Trustees, having regard to the liquidity requirements of setting up the learnlng platform and
seniice offering have operated a policy of keepin8 surplus funds in an interest-bearing deposlt
account.
Strate8lc Actlvlty
The Trustees are working to the strategic plan with close collaboration with those in the industry
and Government. They will continue to engage in meaningful discussion with partners to ensure
that TIAH is credible and trusted as it addresses the industrfs evolving needs and can support long
term, sustainable change.
Durlng the past financial year, TIAH has actively led and developed successful initiatives and digital
projects. Our careers activity was led by robust labour market information recently undertaken to
predict future skills need5 which included the launch of its Growing Prospects project, almed at
helping more people find roles in agriculture and horticulture and show how they can develop the
skills and knowledge they need to succeed in this exciting industry.
Furthermore. Group Membership better positioned farm businesses as preferred employers in
competitive market, helping them to retain staff and contribute to better overall farm productivity
and performance in the long-term.
TIAH'S tralning hubs. digital platforms and employer support tools continued to deliver tailored skills
support to farmers, growers, and food and drink businesses. Investment in TIAH'S online service
included the first phase of a project to integrate Artificial Intelligence (All with the National Libraries
of Agri-Food (NLAFI to enhance knowledge transfer as a key to future farm profitability.
Audltorfs Roport

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The Institute for Agriculture and Horticulture- Annual Report and Financial Statements
TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 March 2025
Successful partnerships have been built with organisations such as the UK Agri-Tech Centre which
included the delivery of six new online courses to assist farmers in evaluating and adoptin8 new
technologies. And a partnership agreement with RABI highlighted the critical role of lifelong learning
In empowering farmers and growers and supporting both business and personal resilience.
Going fonvard we will work with industry partners to establish a framework for professionalising
agriculturalist and horticulturalists through accreditation laying strong foundations for growth and
success for the industry and providing professional recognition for our members.
Further details on the Instltute for Agriculture and Horticulture actlvlty can be found on the TIAH
website at htt
www.tiah.or
Trustees, Responsibilities
The Trustees, who are directors of the Charity, are responsible for preparlng the Trustees, Annual Report
and the financial statements in accordance with appllcable law and the Generally Accepted Accounting
Practice in the UK. Company law requires the Trustees to prepare financlal statements for each flnancial
year which give a true and fair view of the state of affairs of the Charity and of the incoming resources
and application of resources, including the income and expenditure, of the Charity for that year, In
preparing these financial statements, the Trustees are required to:
select suitable accounting policies and then apply them consistentlv.
observe the methods and principles in the Charities Statement of Recommended Practice;
make Judgements and estimates that are reasonable and prudent;
state whether applicable UK Accounting Standards have been followed. subject to any materlal
departures disclosed and explained in the financial statements; and
prepare the financial statements on the going concern basis unless it is inappropriate to presume
that the Charity wlll continue in operation.
The Trustees are responsible for keeping adequate accounting records which disclose with reasonable
accuracy at any time the financial position of the Charity and which enable them to ensure that the
financial statements comply with the Companies Act 2006. They are a150 responsible for safeguarding
the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud
and other irregularities.
Appointment of Statutory Auditor
A resolution to reappoint Bishop Fleming as auditor for the forthcoming yearwill be put before the TIAH
Board.
Audltor's Roport

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The Institute for Agriculture and Horticulture-Annual Report and Financial Statements
TRUSTEES. ANNUAL REPORT FOR THE YEAR ENDED 31 March 2025
Statement of Disc105ure to the Statutory Auditor
The Trustees have taken all necessary steps to make themselves aware of any relevant audit
information and to establish that the auditor is aware of that information. As far as the Trustees are
aware, there is no relevant audit information of which the Charitvs auditor are unaware.
Small Company Provisions
Thls report has been prepared in accordance with the special provisions for small companles under Part
15 of the Companies Act 2006.
The Annual Report was approved by the Board of Trustees on .as.D8cember.2025and signed on their
behalf by:
Chair
M J W Naylor
Audltorf6 Report

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The Institute for Agriculture and Horticulture- Annual Report and Financial Statements
Independent Auditorfs Report to the Members of The Institute for Agriculture and
Horticulture
OPINION
We have audited the financial statement5 of The Institute for Agrlculture and Horticulture (the
'charlty') for the year ended 31 March 2025 which comprise the Statement of Financial Activities,
the Balance Sheet, the Statement of Cash Flows and the related notes, including a summary of
significant accounting policies. The financial reporting framework that has been applied in their
preparation is applicable law and United Kingdom Accounting Standards, including Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of
Ireland, {United Kingdom Generally Accepted Accounting Practice).
In our opinion the financlal statements".
give a true and fair view of the state of the charity's affairs as at 31 March 2025 and of its
Incoming resources and application of resources. including its income and expenditure for the
year then ended;
have been properly prepared in accordance with United Kingdom Generally Accepted
Accounting Practice; and
have been prepared In accordance with the requirements of the Companies Act 2006.
BASIS FOR OPINION
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS IUK}) and
applicable law. Our responsibilities under those standards are further described in the Auditors,
responsibilities for the audit of the financial statements section of our report. We are independent of
the charity in accordance with the ethical requirements that are relevant to our audit of the financial
statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard, and we
have fulfilled our other ethlcal responsibilities In accordance with these requirements. We believe that
the audlt evldence we have obtained is sufficient and appropriate to provide a basis for our opinion.
CONCLUSIONS RELATING TO GOING CONCERN
In auditing the financial statements, we have concluded that the Trustees, use of the 80ing concern basis
of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to
events or conditions that, individually or collectively, may cast significant doubt on the charitvs ability
to continue as a going concern for a period of at least twelve months from when the financial statements
are authorised for issue.
Our responsibilities and the responsibilities of the Trustees with respect to going concern are described
in the relevant sections of this report.
Audltor'8 Roport

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The Institute for Agriculture and Horticulture- Annual Report and Financial Statements
Independent Auditorfs Report to the Members of The Institute for Agriculture and
Horticulture
OTHER INFORMATION
The other information comprises the information included in the Annual Report other than the financial
statements and our Auditors, Report thereon. The Trustees are responsible for the other Information
contained within the Annual Report. Our opinion on the financial statements does not cover the other
information and, except to the extent otherwise explicitly stated in our report, we do not express any
form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing
so, consider whether the other information is materially inconsistent with the financial statements, or
our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If
we Sdentify such material Inconslstencles or apparent material misstatements, we are required to
determine whether this gives rise to a rnaterial misstatement in the financial statements themselves. If.
based on the work we have performed, we conclude that there is a material mi5Statement of this other
information, we are required to report that fact.
We have nothing to report in this regard.
OPINION ON OTHER MATTERS PRESCRIBED BY THE COMPANIES ACT 2006
In our opinion, based on the work undertaken in the course of the audit:
the information given in the Trustees, Report for the financial year for which the financial
statements are prepared is consistent with the financial statements;
the Trustees, Report has been prepared in accordance with applicable legal requirements.
MAThERS ON WHICH WE ARE REQUIRED TO REPORT BY EXCEPTION
In. the light of our knowledge and understanding of the charlty and Its .environment obtained in the
course of the audit, we have not identified material mi5Staternents in the Trustees, Report.
We have nothing to report in respect of the following matters in relation to which Companies Act 2006
requires us to report to you if, in our opinion:
adequate accounting records have not been kept, or returns adequate for our audit have not
been received from branches not vlsited by us; or
the financial statements are not in agreement with the accounting records and return5. or
certain disclosures of Trustees, remuneration specified by law are not made- or
we have not received all the information and explanations we require for our audit; or
the Trustees were not entitled to prepare the financial statements in accordance with the
small companies, regime and take advantage of the small companies, exemptions in preparing
the TfUStees' Report and from the requirement to prepare a Strategic Report.
Audltor'3 R@port

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The Institute for Agriculture and Horticulture- Annual Report and Financial Statements
Independent Auditorfs Report to the Members of The Institute for Agriculture and
Horticulture
RESPONSIBILITIES OF TRUSTEES
As explained more fully in the Trustees, Responsibilities Statement, the Trustees (who are also the
directors of the charity for the purposes of company law) are responsible for the preparation of the
financial statements and for being satisfied that they give a true and fair view, and for such internal
control as the Trustees determine is necessary to enable the preparation of financial statements that
are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the Trustees are responsible for assessing the charity's ability to
contlnue as a 8oln8 concern, dlsclosing, as applicable, matters related to golng concern and uslng the
going concern basis of accounting unless the Trustees either intend to liquidate the charity or to cease
operations, or have no realistic alternative but to do so.
AUDITORS, RESPONSIBILITIES FOR THE AUDIT OF THE FINANCIAL 5TATEMENT5
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole
are free from material mlsstatement, whether due to fraud or error, and to issue an Audltors, Report
that Includes our opinion. Reasonable a55urance Is a high level of assurance but is not a guarantee that
an audlt conducted in accordance with ISAS (UK) wlll always detect a materlal misstatement when it
exists. Misstatements can arise from fraud or error and are considered material if, individually or in the
aggregate, they could reasonably be expected to influence the economic decisions of users taken on the
basis of these financial statements.
Irregularltles, including fraud. are instances of non-compliance with laws and regulations. We design
procedures in line wlth our responsibilities, outlined above, to detect material misstatements in respect
of irregularities, including fraud. The extent to whlch our procedures are capable of detectln8
irregularities, including fraud is detailed below:
we have considered the nature of the sector, control environment and financial performance
of the entitv;
we have considered the results of enquiries with management and Trustees in relation to their
own identification and assessment of the risk of irregularities within the entity; and
we have reviewed the documentation of key processes and controls and performed
walkthroughs of transactions to confirm that the systems are operating in line with
documentation.
A5 a result of these procedures, we have considered the opportunities and incentives that may exist
within the organisation for fraud and identified the highest area of risk to be in relation to revenue
recognition, with a particular risk in relation to year-end cut off. In common with all audits under ISAS
(UK} we are also required to perform specific procedures to respond to the risk of management override.
We have also obtained understanding of the legal and regulatory frameworks that the charlty operates
in, focusing on provisions of those laws and regulations that had a direct effect on the determination of
material amounts and disclosures in the financial statements. The key laws and regulations we
considered in this context included the UK Companies Act and FRS 102 and UK tax legislation.
Audltor'g R•port
10

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The Institute for Agriculture and Horticulture- Annual Report and Financial Statements
Independent Auditorfs Report to the Members of The Institute for Agriculture and
Horticulture
In addition, we considered the provisions of other laws and regulations that do not have a direct effect
on the financial statements but compliance with which may be fundamental to the charltls abllity to
operate or avoid a material penalty,
Our procedures to respond to risks identified included the following:
reviewing the financial statement disclosure5 and testing to supporting documentation to
assess compliance with provisions of relevant laws and regulations destribed as having a
direct effect on the financial statements;
performing analytical procedures to identify unusual or unexpected relationships that may
Indicate risks of material misstatement due to fraud;
reviewing board meeting minutes,,
enquiring of management in relation to actual and potential clalms or litigations;
performing detailed transactional testing in relation to the recognition of revenue with
particular focus around year-end cut off; and
in addressing the risk of fraud through management override of controls, testing the
appropriateness of journal entries and other adjustments; assessing whether the judgments
made in accounting estimates are indicative of potential bias; and evaluating the business
rationale of significant transactions that are unusual or outside the normal course of business.
We also communlcated Identlfied laws and regulations and potential fraud risks to all members of the
engagement team and rernalned alert to possible indicators of fraud or non-compliance with laws and
regulations throu8hout the audit.
Our audit procedures were designed to respond to risk5 of material misstatement in the financial
statements, recognising that the risk of not detecting a material misstatement due to fraud is higher
than the risk of not detecting one resulting from an error, as fraud may involve deliberate concealment
by, for example, forgery, misrepresentations or through collusion. There are inherent limitations in the
audit procedures performed and the further removed non-cornpliance with laws and regulations is from
the events and transactions reflected in the financial statements, the less likely we would become aware
of It.
A further description of our responsibilities for the audit of the financial statements is located on the
Financial Reporting Council's website at: www.frc.or8.uvauditorsresponsibilities. This description forms
part of our Auditors, Report.
Audltor'a R•pgrt

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The Institute for Agriculture and Horticufture- Annual Report and Financial Statements
Independent Auditorfs Report to the Members of The Institute for Agriculture and
Horticulture
USE OF OUR REPORT
This report is made solely to the charity's trustee5, as a body, in accordance with Part 4 of the Charities
(Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state
to the charlty's trustees those matters we are required to state to thern in an Auditors, Report and for
no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to
anyone other than the charity and its members, as a body, for our audit work, for this report, or for the
opinions we have formed.
IknbJ•￿￿
Oavld Butler FCA DChA (Senlor Statutory Audltorl
for and on behalf of
Blshop FlemSng LLP
Chartered Accountants
Statutory Auditors
10 Temple Back
Bristol
BSI 6FL
Oate: 17 December 2025
Audltarfg Aoport
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The Institute forAgriculture and Horticufture- Annual Report and Financial Statements
STATEMENT OF FINANCIAL ACTIVITIES
INCORPORATING THE INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR TO 31 March 2025
Year to
31 March
2025
Total
Year to
31 March
2024
Total
Unrestrirted
Funds
Restricted
Funds
Note
INCOME FROM:
Voluntary income
Charitable income
2,145,1)00
2.145.000
9.790
13,408
2,168,198
1,347.000
1,252
6,242
1,354,494
9.790
13.408
23,198
Investment income
TOTAL INCOME
2,145,000
EXPENOITURE ON:
Charltable activitles
TOTAL EXPENDITURE
15,568
15,568
1,678,857
1,678,857
1,694,425
1,694,425
1,306,126
1,306,126
NEf MOVEMENT IN
FUNDS
7.630
466.143
473.773
48.368
TOTAL FUNDS BROUGHT
FORWARD
12
8,301
1,690,256
1,698,557
1,650.189
TOTAL FUNDS CARRIED
FORWARD
15,931
2,156,399
2,172,330
1,698,557
The notes on pages 16 to 22 form an integral part of these financial statements.
Stdtomont ol Flndnclal Actlvltlog
13

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The Institute for Agriculture and Horticulture- Annual Report and Financial Statements
BALANCE SHEET
AS AT 31 March 2025
31 March
2025
Total
31 March
2024
Total
Unrestricted
Funds
Restrlcted
Funds
Note
FIXED ASSETS
Intangible fixed assets
1,317,146
1.317,146
1,426.025
CURRENT ASSETS
Debtors
Cash & cash equivalents
TOTAL CURRENT ASSETS
56,049
26,104
82,153
174,078
771,706
945,784
230,127
797,810
1,027,937
26
361,862
361,888
io
CREDITORS: amounts fallin8 due
within one year
11
65,022
106,531
171,553
89,356
Net current assets
17,131
839,253
856,384
272,532
CREDITORS: amounts falling due
in more than a year
12
1,200
1,200
Net assets
15,931
2,156,399
2,172,330
1,698,557
FUNDS OF THE CHARITI
Total funds
13
15,931
2,156,399
2,172,330
1,698,557
The accounts are prepared in accordance with the speclal provlslons of Part IS of the Companies
Act 2006 relative to small companies.
The financial statements were approved and authorised for issue by the Board of Trustees on
..IS.DRoembpr.202&. and signed on its behalf by:
Trustee
Stephen Oldfleld
The notes on pages 16 to 22 form an integral part of these financial statements.
8alanÉe Sh••t
14

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The Institute for Agriculture and Horticulture- Annual Report and Financial Statements
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 March 2025
31 March
2025
31 March
2024
Cash flows from operating artivities:
Net rnovement in funds
Amortisation of Intangible fixed assets
(Increase} in debtors
Increase{/decrease) in creditors
473,773
147,579
(230,101)
83,397
48,368
36,565
124
{22,359)
Net Cash Inflow from operating activities
474,648
62,698
Cashflow from Investing activities:
Purchase of intangible fixed assets
138,700}
{102,600)
Net (decrease) In cash & cash equivalents
(38,700)
(39,902)
Opening cash & cash equivalents
Movement in the year
361,862
435,948
401,764
(39,902
Cash and cash equlvalents at the year end
797,810
361,862
The notes on pages 16 to 22 form an integral part of these financial statements.
Statement f Cash Flow5
Is

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The Institute for Agrlculture and Horticulture- Annual Report and Financlal 5tatement5
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 March 2025
ACCOUNTING POLICIES
The principal accounting policies are summarlsed below. The accountlng policies have been applied
consistently throughout the year and the preceding period.
General Inforniatlon
The Institute for Agriculture and Horticulture is a company limited by guarantee, incorporated in
England and Wales. The address of its registered office and its registered numbers are disclosed on
page l.
The principal activity of the charity is as the professional body for those working in the agriculture
and horticulture sector.
The annual report and flnancial statements are for the year ended 31 March 2025. The flnanclal
statements are presented in Sterling, and this is the functional currency of the Charity. The financial
stalernents are rounded to the nearest whole pound.
Basis of preparation
The financial statements have been prepared under the historlcal cost convention, and In
accordance wlth applicable accounting standards, In preparing the financial statements the charity
follows best practice as set out in the Statement of Recommended Practice: 'Accounting and
Reportin8 by Charltles, {SORP 15). the Flnanclal Reporting Standard applicable in the United
Kingdom and Ireland IFRS102) and the Charitles and Companies Acts.
Fund accountlng
General funds are unrestricted funds which are available for use at the discretion of the Trustees in
furtherance of the general objects of the charity and which have not been designated for other
purposes. The charlty's general fund may be used by the charity at its discretlon to further Its stated
charltable objectives.
Income
These are included in the Statement of Financial Activities (SoFA} when:
the charity becorne5 entitled to the resources,
the Trustees are confident they will receive the resources. and
the rnonetary value can be measured with sufficient rellablllty.
Membership income is reco8nlsed over the perlod of the subscriptlon,
Expendlture
All support costs incurred have been allocated between charitable expenditure and governance as
appropriate.
N•tg8 to tho Flnanclal Stat•monii
16

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The Institute for Agriculture and Hortlculture- Annual Report and Financial Statement5
NOTES TO THE FINANCIAL STATEMENTS (continued)
FOR THE YEAR ENDED 31 March 2025
ACCOUNTING POUCIES (CONTINUED)
Allocation of costs
All expenditure and liabilities are included on an accruals basis and recognised when there is a legal
or constructwe obligation to pay out resources.
Flnanclal Instruments
The Institute for Agriculture and Hortlculture only has flnanclal assets and liabilities of a klnd that
qualify as baslc flnanclal Instruments. Baslc financial instruments are initially recognised at
transaction values and subsequently measured at their settlement value.
Intangible fixed assets and capitalisation
These costs represent the construction of the learning platform and are reco8nised a5 the work
progresses. They include external costs assoclated with advancing the platform to completion. The
platform was completed in the year and Is antlclpated to be producing future benefits therefore
amortisation has been charged from the cornpletion date.
Any related Internal management resource costs and external ongoing support costs are expensed.
Arnortisation will be charged over an expected useful lrfe of 10 years.
Cash and Cash equlvalents
Cash and cash equivalents are cash and short term highly liquid Investments wlth a short maturity of
three months or less from the date of acquisltlon or openlng of the deposlt or simllar account.
1.10 Golng concern
These financial statements have been prepared on a going concern basis. The Defra grant is subject
to a rigorous budgeting function and the Trustees and executive team monitor these budgets on a
monthly basis, so they cumulatively fall within the annual Brant. Therefore, the Twstees are of the
opinion that there are adequate resources available to continue tradins for a period of at least 12
months, and TIAH Is a goin8 concern.
1.11 Judgments in applying accounting pollcles and key sources of estimation uncertainty
In applying the company's accounting policies, the directors are required to rnake judgements,
estimates and assumptions in determining the carrying amounts of assets and liabilities. The
directors'judgements, estimates and assumptions are based on the best and most reliable evidence
available atthe time when the decisions are made and are based on historical experience and other
factors that are consldered to be applicable. Due to inherent subjectivity involved in making such
Judgements, estimates and assumptions, the actual results and outcomes may differ.
The Trustees do not consider there to be any significant judgements, estimates or assumption5 in
these financial statements.
Not•1 to thq Flninelal Stètom•nti
17

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The Institute for A8riculture and Horticulture- Annual Report and Financial Statements
NOTES TO THE FINANCIAL STATEMENTS (continued)
FOR THE YEAR ENDED 31 March 2025
INCOME
Unrestrlcted
Funds
Restrlcted
Funds
31 March
2025
31 March
2024
Grant from Defra
Membership income
Other income
Investment income
2.145,000
2.145,000
9,790
1,347.000
9,790
1.252
6,242
1,354,494
13,408
23,198
13,408
2,168,198
2,145,000
EXPENDITURE
Unrestricted
Funds
Restricted
Funds
31 March
2025
31 March
2024
Charftable a¢¢lvltles
Development of services
Support costs (note 4}
Governance costs (note 51
446,955
1,23 1,902
446,955
1,231,902
15,568
1,694,425
363,681
932,837
9,608
1,306,126
15,568
15,568
1,678,857
SUPPORT COSTS
31 March
2025
31 March
2024
Staff salaries and related expenses
Accounting fees
Business support and advice
Legal fees
Insurance
Travel, subsistence and meeting costs
Computer equiprnent and software expensed
General expenses
Amortisation
914,923
46,821
37,714
3,825
9,073
55,313
8,483
8,171
147,579
1,231,902
779,110
36,413
5,654
10.943
7,310
40,324
5,459
11,059
36,565
932,837
All support costs are undertaken to support the development of the platform and service offering
to future TIAH members.
Not•1 to tho Flnanclal Statomonti
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The Institute for Agrlculture and Horticulture-Annual Report and Financial Statement5
NOTES TO THE FINANCIAL STATEMENTS (continued)
FOR THE YEAR ENDED 31 March 2025
GOVERNANCE COSTS
Unrestricted
Funds
Restricted
Funds
31 March
2025
31 March
2024
Audit fees
Trustee insurance
Legal and accountin8 fees
13,680
1,888
13,680
1,888
4,320
1,888
3,400
9,608
15,568
15,568
Audit fees for the year will be charged at £10,440 {2024.. £10,140).
In accordance with the Memorandum and Articles of Association Stephen Jacob, CEO is also
a Trustee . He received remuneration solely for hls management role which is included in
note 6. Staff costs below.
5 Trustees recelved reimbursed expenses of £3,044 (2024; 3 received £4,775). Trustee
Indemnity Insurance was also in place during the year.
STAFF COSTS
31 March
2025
31 March
2024
Wages and salarles
Soclal Security costs
Pension costs
725,183
76,376
72,345
873,904
641,825
65,751
59,581
767,157
The average number of employees for the year wa5 1412024: 12).
The number of persons employed by the company durlng the year who recelved
emoluments (including taxable benefits in kind) in the following ranges in excess of £60,000
was as follows:
2025
2024
Number
Number
£60,001- £70,000
£70,001- £80,000
£80,001- £90,000
£140,001- £150,000
Total remuneration for key management personnel including pension payments totalled
£367.741 for 4 posts12024: £330.000 for 5 posts).
Not•1 to tho Flnanclal Statomont8

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The Instltute for Agrlculture and Horticulture- Annual Report and Financlal Statements
NOTES TO THE FINANCIAL STATEMENTS (continued)
FOR THE YEAR ENDED 31 March 2025
TAXATION
The charitls activities fall within the exemption5 afforded by the provislons of the Income and
Corporation Taxes Act 1988. Accordingly, there is no taxation char8e in these accounts.
INTANGIBLE FIXED ASSETS
Learnln8
Development
platform
Total
C05t
At l April 2024
Additions
At 31 March 2025
1.462,590
38,700
1,501,290
1,462,590
38.700
I,SOl,290
Amortisation
At l April 2024
Charge in the year
At 31 March 2025
36,565
147,579
184,144
36,565
147,579
184,144
Net Book Value
At 31 March 2025
At 31 March 2024
1,317,146
1,426,025
1,317,146
1,426,025
DEBTORS
31 March
2025
31 March
2024
Trade debtors
Prepayments and accrued incorne
55,005
175,122
230,127
26
26
10
CASH & CASH EQUIVALENTS
31 March
2025
31 March
2024
Current accounts
797,810
361,862
Notos tg tho Plnanclal 5tatomenti
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The Institute forA8riculture and Horticulture- Annual Report and Financial Statements
NOTES TO THE FINANCIAL STATEMENTS (continued)
FOR THE YEAR ENDED 31 March 2025
11
LIABILITIES: AMOUNTS FALLING DUE WITHIN ONE YEAR
31 March
2025
31 March
2024
Trade credltors
Accruals and deferred income
Pension creditor
Other creditors
31,216
126,787
12,085
1,465
171.553
37,111
38,083
9,838
4,324
89,356
12
LIABILITIES: AMOUNTS FALLING DUE IN MORE THAN ONE YEAR
31 March
2025
31 March
2024
Accruals and deferred income
1,21XI
1,200
13
FUNDS
Asat
l April
2024
Asat
31 March
2025
Income
Expenditure
Unrestrirted
Restricted:
8,301
23,198
(15,568)
15,931
Income
264,231
1.426,025
1,698,557
2,106,300
38,700
2,168,198
{1,531.278)
(147,579)
11,694,425)
839,253
1,317,146
2,172,330
Capital
Total funds
Restricted funds represent the amount5 received from Defra in respect of the grant given
to establish the Charity as the professlonal body for agriculture and horticulture workers.
The Capital reserves are represented by the Learning Development platform of £1,317,146
(2024: £1,426.025) which is amortised as the platform is active.
Not•1 to th• Plninclal Statofflontg
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The Institute forAgriculture and Horticulture-Annual Report and Financial Statements
NOTES TO THE FINANCIAL STATEMENTS (continued)
FOR THE YEAR ENDED 31 March 2025
14
RELATED PARTIES
During the year. the following transaction took place at arm's length between the charity and
a related party:
Payments for insurance subscription fees of £10,961 were made to a company In whlch R
Morley is a director in common.
15
COMMITMENTS
The Institute for Agriculture and Horticulture had commitments of £210k12024: £nll} at the
year end for the completion of the learning portal which is currently under construction. These
have not been provided for at the relevant balance sheet date as they are subject to conditions
belng met before payment but form part of the Defra grant to be received overthe forthcoming
years.
Not98 tg tho Ilnan¢l•l Statornonts
22