ROBINSON UDALE rJl8rttr¢dkni1lINIbidThthIs Financial Statements The Institute for Outdoor Learning (Company Limited by Guarantee) For the year ended 30 September 2024
ROBINSON UDAL Contents Members of The Board. Senior Staff & Professional Advisers TrusteesAnnual Report Independent Examiners, Report Statement of Financial Activities (including income and expenditure account) 10 Balance Sheet 11 Approval of Financial Statements 12 Notes to the Financial Statements 1- 8 16 Notes to the Financial Statements 9- 14 18 Notes to The Financial Statements 15- 17 Financial Statements The InstituteforOutdoorLearninelCornpany Limited byGuaranteel IApr2025 Page 2 of 18
ROBINSON UDALE Members of The Board, Senior Staff & Professional Advisers The Institute for Outdoor Learning {Company Limited by Guarantee) For the year ended 30 September 2024 Company registration number: 07534418 Charity number: 1149420 Scottish charity number: SC039561 The board of trustees Mrm King-chairman MrN O'Loughin Mr M Lavington- Audit Committee Chairman MrAGurden MrDJCook Mrs L Edwards MrAW Robinson MrSJ Randles Ms H C Crawford MrB Kitson MrJ Whittaker Registered office Warwick Mill Business Centre Warwick Bridge Carli51e CA4 8RR Examiner Danny Roper Robinson Udale Chartered Accountants Theold Bank 41 King Street Penrith CAII 7AY Bankers UnityTrust Bank PIC Four Brindleyplace Birmingham BI 2JB Financial Statements The Institute foroutdoor Learning ICornpanyLirnited byGuaranteel IApr2025 Page3ofi8
ROBINSON UDALE Trustees Annual Report The Institute for Outdoor Learning (Company Limited by Guarantee) Forthe year ended 30 September2024 TRUSTEES The directors of the company are also charity trustees for the purposes of charity law. Any person can be admitted as a trustee of the charity in accordance with the rules in the Articles of Association. The trustees who served the charity during the year and who were also directors are as follows= Mr M King- Chairman MrN O'Loughlin Mr M Lavington- Finance Committee Chairman MrAGurden MrDJCook Ms L Edwards MrA W Robinson Mr5 Randles Ms H C Crawford Mr B Kitson MrJ Whittaker In recognition of developing best practice, the Trustees operate a formal and structured approach to the induction and training of Trustees. This structured approach includes specific focus and training on individual areas of governance and management ofthe company, using external expert advisers where appropriate. The chief executive ensures that the trustees have access to resource5 which will advise them of their legal obligations under Charity Law, the Constitution, the Executive Committee, decision making processes, the business plan and financial status of the Institute. They are encouraged to attend, where possible, external seminars and events which may assist them in their role. The Institute uses the National Occupational Standards for Trustees as best practice guidance. Trustees are encouraged to meet with staff and other trustees regularly. REVIEW OF DEVELOPMENTS,ACTIVITIES AND ACHIEVEMENTS This yearthe Institute's individual and organisation membership has maintained membership of the organisation which is a significant achievement in light of the uncertainty that started with the Covid crisis which led into the well documented national financial concerns. As Trustees we are pleased with the operational teams, ability to have strengthened relationship with members. Listening to and serving the needs of the individual and organisational rnembers. We have focused on the development of the digital platform of 'Ready Membership, which has been a significant investment in time and money as wefirmly believe thatthe platform will serve our members betterand attract new business to the organisation. With limited time available, out technical team have worked tirelessly to ensure that the online offer (including a brand-new web51tel reflects what we have to offer, enabling us to communicate clearly the variety of products that can be accessed. The Institute continues to provide a wide range of support to the sector. That provision included online facilities, including an extensive series of webinar5 and workshop5. questionnaires, surveys and CPD resources, as well as an increase in levels of advice, lobbying and representation activity. This activity is reported to the sector through weekly newsletters. quarterly magazines. blogs, social media and conference presentstions across the sector. More specifically the Institute continues to publish the quarterly magazine Horizons. containing articles sharing good practice written by practitioners. The Institute also continues to work with Taylor & Francis to publish the Financial Staternents The Institute forOutdoorLeaming (Company Limited byGuaranteel l Apr2025 Page4ofl8
TrusteesAnnual Report ROBINSON UDALE Journal of Adventure Education and Outdoor Learning, four issues per annum. The volume of academic papers being reviewed by its Editorial Board reflects the Interest in academic research in outdoor learning. The Journal 15 in consistently the most cited of all the international Outdoor Learning research publications. The IOL has increased payment to the Editorial Board to reflect the increase in submissions and published papers, and increased engagement with the IOL membership e.g. through webinars. presentations, social media and through Horizons. The Institute has also continued to offer accreditation for individual outdoor learning practitioners. This seNice remains an important element of the Institute'5 approach to recognising and developing outdoor learning practices and has been kept at an affordable costthrough careful management ofthe scheme and sUPPOrtfrom other members who volunteer as mentors. In addition to accrediting individuals and in order to maintain and develop standards of outdoor learning, the Institute continues to grow its provision of accreditation of training courses by organisation members. The Institute continues to provide support for members with their specific interests in the outdoor learning. These are organised in three main categories, geographically based groups, sector specialist groups and IOL Award groups. They were increasingly active in 2023. These'communities of Practice, are being newly supported with Groups.10 email and there are new outdoor learning groups forming including Youth Work and Alternative Education. The Institute continues to work with The Activity Industry Mutual to provide liability cover for members. This mutually beneficial partnership enables members to access appropriate liability cover, support the Mutual's desire to promote good standards of practice across the outdoor learning sector and supports financial sustainability for conferences. the Horizon5 Magazine and other activity. In addition to support sector development IOL has continued to part fund and advise on some targeted research. The Institute formed a partnership with Brathay Hall Trust and Outward Bound Trust last year and has helped to fund research into the measuring of value in outdoor learning with Lancaster University Business School. The IOL part funded a PhD into the Outdoor Learning and sustainability and as this PhD concludes, the researcher 15 now leading the project'Nature on the Board, to provide an exemplar of how IOL Trustees engage with proactive sustainability behaviours and decision making. The Institute commissioned Dr Dave Harvey to review and update in line with latest research, the document'High Quality Outdoor Learning,. This work will is due to be published in 2025 and build5 on the work on outcomes of high quality Outdoor learning by considering the structures and processes required to achieve those outcomes. The Institute also continues to represent the interests of outdoor learning practitioners and organisations, working through a network of volunteers, the OutdoorAdvis0ry Board and directly supporting andlor influencing Senedd Cymru. Scottish Government. Natural England. Department for Education. EEF, DCMS, HSE, a range of National Governing Bodies of Sport and others. In addition to the above dialogue with DfE, the Institute sits on DCMS, National Youth Advisory Board. The Institute continued to provide administration seNices for the Association of Heads of Outdoor Education Centres. the Nature Premium Campaign and is the Secretariat for the All Party Parliamentary Groups for Outdoor Learning Building on its work to date, the Institute continues to play a key role in the work of Adventure UK ad safety management within theAdventure Sector. The UK Government's request forthe sectorto develop an option to MLA, was finallytaken off the agenda during early 2023. by HSE. AUK continues to provide oversight ofthe Adventure Activity Industry Advisory Board Committee and of Adventuremark. The IOL is a partnerwith AAIAC and the University of the Highlands & Island5 on a research project entitled 'Collertive knowledge- keeping people safe in the outdoors. which will develop systems for collecting analysing and communicating the practice that contributes to safety through adventurous activities and outdoor learning. The Chief Executive and Business and Operations Manager are driving forward the Institute's key objectives as well a5 focusing on the development and retention of a strong and engaged membership. This has included the Finaniial Statements The In5tituteforOutdoorLearninglCompany Limited byGuaranteel IApr2025 Page5 of 18
TrusteesAnnual Report ROBINSON UDALE establishment of a quarterly'Round Table. made up of lead representatives from the geographical, specialist and IOL award groups to ensure members, views are represented, to provide a steer with regards priorities and to facilitate effective comrnunication. The decision was made to changethe Institute's Member Management System. rnovingto completely integrated package from Pix18 called Readymembership. This represents a sizeable investment by the IOL but it was felt that it was a necessary investment to give a better service and value to our members. The website is an integral part of the System and is being completely redesigned and repopulated as part of the process. FUTURE PLANS During 2024 the trustees are also considering some key areas to focus the work of the Institute using the four 'pillars' of Voice, Community, Workforce and Standards. Voice Support the transition from the Outdoor Council to the Outdoor Learning Stake Holder Group which is a wider Sectorconsultative body which includes the APPG-OL and MP Support Group Secretariat. Continued managed response to Governmentconsultations and proactive engagement, with the 5UPPOrt of the Leading Practitioners of the IOL. Develop the IOL Employers Group- Careers modelling and advice. and strategic problem 501ving Support the Nature Premium Campaign to guarantee regular time in nature for all children & young people Community Implementingthe new membership management platform to give a betterservice and value to our members. Develop and support the IOL Communities of Practice including networking, events and as bodies of knowledge & expertlse. Organise bi-annual online intemational conferences- next due November 2025. Workforce Review. develop and promote RPIOL, APIOL & LPIOL Awards including their connection to apprenticeships- long with this develop dedicated communities of practice for respective award holders. Work in partnership with the Outdoor Industries Association on training and recognition for Outdoor Retail Staff standards Establish close links with the Journal of Adventure Education & Outdoor Learning. In this way continue to build the evidence base for the effectiveness of outdoor learning and strengthen links between research and practice. Develop sustainable practice to lead and inspire action on reducing consumption. promoting biodiversity and tackling climate change. with regards both operations and educational reach. Embed Equity, Equality Diversity & Inclusion into the work of the IOL including supporting The North Face Allyship in the Outdoors, through the Adventure for All Group and new/alternative ways to publish research instead of academic papers. Publish and disseminate the High Quality Outdoor Learning IHQOLI document that provides guidance to all practitioners. PUBLIC BENEFIT The trustees consider that work to: Assisting UK and home nation governments to draw on the outdoor learning sector in an informed manner. Financial Statements The InstituteforOutdoorLparnifjE (Company Limited byGuaranteel IApr2025 Page 6 0118
Trustees Annual Report ROBINSON UDALE Developing a map of outdoor learning inteentionS and delivering a related national campaign. Facilitating debate between practitioners and research academics in outdoor learning. Enabling research into good practice and value measures for outdoor learning's role in UK society. Work to accredit good practice in training for outdoor learning practitioners. The provision of guidance to the wider media. On-going works such as provision of outdoor learning conferences for teachers, youth workers. rangers and outdoor instructors. These and other works, constitutes the charity fulfilling its obligation to provide a public benefit required by the Charity Commission. FINANCIAL REVIEW In common with many organisation5 the recovery from the pandemic and then the cost-of-living crisis have restricted sources of income and in some cases caused members to leave or even cease trading. This has led to a reduction in membership income. The trustees recognise that the Institute must carefully manage its available funds to develop and maintain a wide range of supporting services for the outdoor learning sector. The trustees continued to invest in research activity and consciously conduct traded projects to generate surpluses to support this. The Institute continues to be largely dependent on the funding from its members to fulfil its charitable objects and will seek to ensure that the development of any new services is either self-funding or undertaken with a funding partner organisation. Acknowledging that we are a membership charity we will be investing on our membership offer moving forward. Mike King Chair of Trustees l April 2025 rinancial Ststements rhelnstltute forQutdoor Learninglcompany LlmSted byfjuarantsel l Apr2025 Page7 of18
ROBINSON UDALE Independent Examiners, Report The Institute for Outdoor Learning (Company Limited by Guarantee) For the year ended 30 September 2024 INDEPENDENT EXAMINERS, REPORTTO THE TRUSTEES OFTHE INSTITUTE FOR OVTDOOR LEARNING CHARITABLE COMPANY I report on the accounts ofthe company fortheyearended 30 September 2024, which are setout on pages 9 to 18. RESPECTIVE RESPONSIBILITIES OFTRUSTEE5AND EXAMINER The Trustees (who are also directors of the company for the purposes of company lawl are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this period under section 144121 of the Charities Act 2011 (the 2011 Act), that the audit requirement of Regulation 10111 lal of the Charities Accounts Iscotlandl Regulations 2006 does not apply, and that an independent examination is needed. Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to: examine the accounts under section 145 of the 2011 Act and under section 4411) Icl of the Charities and Trustees Investment (Scotlandl Act 2005; to follow the procedures laid down in the general directions given by the Charity Commission under section 14515llb) ofthe 2011 Act. and to statewhether particular matters have come to my attention. BASIS OF INDEPENDENT EXAMINER'S REPORT My examination was carried out in accordance with the general Directions given by the Charity Commission and in accordance with Regulation 11 of the Charities Accounts Iscotlandl Regulations 2006. An examination includes review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts. and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a "true and fair view" and the report is limited to those matters set out in the statement. INDEPENDENT EXAMINER'S STATEMENT l. which gives me reasonable cause to believe that in any material respect the requirements: to keep accounting records in accordance with section 386 of the Companies Act 2006, section 44111{al of the Charities and Trustees Investment Iscotlandl Act 2005 and Regulation 4 of the Charities Accounts Iscotlandl Regulations 2006,. and to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006, with regulation 8 of the Charities Accounts (Scotlandl Regulations 2006 and with the methods and principals ofthe Statementof Recommended Practice: Accountingand Reporting by Charities. have not been met, or to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. 18 04 2025 Danny Roper. CharteredAccountant, Robinson Udale Limited, The Old Bank, Penrith. CAII 7AY Financial Statements The Institute foroutdoor Learninglcompany Lltnlted byGu3ranteel l Apr2025 Page Bof
ROBINSON UDALE Statement of Financial Activities (including income and expenditure account) The Institute for Outdoor Learning (Company Limited by Guarantee) For the year ended 30 September 2024 NOTES UNRESTRICTED FUNDS RESTRICTED FUNDS 2024 2023 Statement of financial activities Income Sundry donations Income from charitable activities Income from geneiating funds activities Total income 5.540 5,540 18,620 60,158 181,798 247,496 60.158 181,798 247,496 51,911 192,396 262,927 Expenditure Cost of generating funds Expenditure on charitable activities Total expenditure 126,411 183,156 309,565 126.411 183,156 309,566 99,654 184,745 284,399 Net incomellexpenditurel and net movement in funds 162.0701 162.0701 121,4721 Reconciliation of funds Total funds brought foward Incoming resources Total funds carried foNard 128,964 10,836 2.450 139.800 161,271 2,450 80,180 66,894 13,286 139.799 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. The notes on pages 12 to 18 form part ofthese financial statements. Flnancial Statempnts The Institute foroutdoor LeaminE (Company LimSted byGuaranteel l Apr2025 Page9ofiB
ROBINSON UDALE Balance Sheet The Institute for Outdoor Learning (Company Limited by Guarantee) As at 30 September 2024 NOTES 30 SEPT2O24 30 SEPT2023 Fixed assets Tangible assets and investments Investments 1,309 13131 996 2.693 10 13131 2,380 Total fixed assets Current assets Debtor5 21,599 81.792 46,732 Cash at bank and in hand Total current assets 104.380 103,391 151,111 Current liabilities Creditors 12 24,208 24.208 13,692 Total current liabilities 13,692 Net current assets 79,184 137,419 Total assets less current liabilities 80,180 139.799 The funds of the charit Unrestricted funds 13 66,894 13,286 128,963 10,836 Restricted funds 14 Total charity funds 80,180 139,799 The notes on pages 12to 18 form part ofthese financial statements Financial Statements The In5tituteforOurdoorLearning (Company Limited byfjuaranteel l Apr2025 Page 10 of 18
ROBINSON UDALE Approval of Financial Statements The Institute for Outdoor Learning (Company Limited by Guarantee) For the year ended 30 September 2024 For the financial year in question the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. No members have required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and for the preparation of accounts. These accounts are prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 and are for circulation to members of the company. These financial 5tatementswere approved by the members ofthe committee on.Ql...Ql..L... and are signed on their behalf by. Mr M King- Director Financial Statement5 Th¢ Institute foroutdoor Leaming (Company MIted byGuaranteel l Apr2025 Page Ilof18
ROBINSON UDALE Notes to the Financial Statements 1- 8 The Institute for Outdoor Learning {Company Limited by Guarantee) Fortheyearended 30 September2024 l. Accounting policies The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows.. a) Basis of Preparation The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing accounts in accordance with Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS1021 leffective l January 20151- Icharities SORP IFRS 102)I, the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS1021 and the Companies Act 2006. The Institute For Outdoor Learning meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historic cost or transaction value unless Othe[se stated in the relevant accounting policy note. bl Reconciliation with Previous Generally Accepted Accounting Practice In preparing the accounts. the trustees have considered whether in applying the accounting policie5 required by FRS 102 and the Charities SORP FRS 102 the restatement ofcomparative items was required. c) Preparation of theAccounts on a Going Concern Basis The Trustees are of the opinion that the Charity is a going concern. d) Incoming Resources Income consists of subscriptions and premiums, other related income and events income. It is accounted for on a receivable basis. Where income is received for a specific project or purpose this income is classified as restricted. Income received towards the general objects of the charity is classified as unrestrirted. e) Resources Expended The cost of generating funds includes any direct membership costs. The charitable activities, in furtherance of the charity's objects. included all the direct costs. The Governance costs represent professional fees and trustee's expenses. Expenditure is recognised on an accruals basis. Expenditure includes any VAT which cannot be recovered and is reported as part of the expenditure to which it relates. f) Fixed Assets All fixed assets used for charitable purposes, with an expected useful life exceeding one year, are capitalized in the balance sheet. Depreciation is provided at the following rates in order to write off each asset over its Useful economic life: Office Equipment 3 years Straight Line Financial Statement5 The Institute for OutdDorLearning (Company Limited by Guarantee) l Apr2025 Page 12 of IB
Note5to the Financia15tatements L-8 ROBINSON UDALE g) Stocks stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. h) FundAccounting Unrestricted funds are available at the discretion of the Trustees in furtherance of the charitable objectives of the charity. Restricted funds are subjected to restrictions on their expenditure imposed by the donors. i) Remuneration No employee received emoluments greaterthan £60,000. VNRESTRICTED FiIWDS RESTRICTÈD FUNDS 2024 2023 2. Donations and le acies Donations Sundry donations Total donations and legacies 5,540 5,540 5,540 18.620 5,540 18,620 UNRESTRICTED FUNDS RESTRICTED FUNDS 2024 2023 3. Income from charitable funds activities Books and publications Event management Professional accreditation 32,491 8.804 17,380 1.484 32,491 33,015 8.804 17,380 1.484 2,048 11.870 Administration services 4,977 51,911 Totsl income from charitable funds actlvities 60.158 60,158 UNRESTRICTED FUNDS RESTRICTED FUNDS 2Q24 2Q23 4. Income from eneratin Membership subscriptions Totsl income from generating fund5 activities funds activities 181,798 181,798 192.396 192,396 181,798 181,798 Financial Ststements The In5trf(uteforOutdoorLearning ICompanyLimlted byGuaranteel IApr2025 Page 130116
Note5 tc the Financial Ststements 1-8 ROBIN.SON UDALE UNRESTRICTÉD FUNDS RESTRICTED FUNDS 1024 5. Costs of raisin funds and delive of ob'ectives Direct costs Staff costs Inote 71 Travel and other 47.824 3,881 145 47,824 3,881 145 42,569 2.780 Administration 1,419 6,658 Member expenses Events and workshops Depreciation Regional services Total direct costs 4,516 17,422 591 4,516 17,422 591 604 3,616 77,995 3,616 TT,995 2.451 56,482 Su port costs Staff costs Inote 71 Depreciation Total support C05ts 47,824 591 47,824 591 42,569 604 43,172 48,416 48,416 Total costs of raising funds and delivery of objectives 126,411 126,411 99,654 UNRESTRICTED FUNDS RESTRICTED FUNDS 2024 2023 6.Ex enditure on charitable activities Direct Costs Publication costs 47.526 53 47.526 53 32,309 48 Books purchased stsff costs (note 71 Insurance 25,933 1,121 25,933 1,121 23,105 1,770 Rent and service charges Bank charges Database cost 804 804 1,547 4,986 4,227 39,158 4,227 39,158 59.416 Professional accreditation 20,844 20,844 17.046 Research 6,432 5,180 Internet and telephone Subscriptions Sundry expenses Depreciation Bad and doubtful debts 6,342 724 6,342 724 992 1,070 591 1,070 591 95 604 618 Governance costs Inote 81 8.829 8.829 7,493 Su port costs Staff costs (note 71 Total expenditure on charitable activities 25,933 25.933 23.105 184,745 183,156 183,156 Financial Statements The Instituteforoutdoor Learning (Company Limited by Guarantee) l Apr2025 Page 14 uf16
Notes to the Financial Statements 1- 8 ROBINSON UDALE Support costs Support costs have been calculated for staff costs accordingto time spent and for othercosts they have been calculated based on purpose. Cost allocation includes an element of judgement. and the Charity has to consider the cost benefit of detailed calculations. Therefore, the support costs shown are a best estimate of the costs that have been so allocated. UNRESTRICTED FUNDS RESTRICTED FUNDS 2024 2023 7. Staff costs and emoluments Total staff costs were as follows: Wages- charitable, support Wages- charitable, direct Wages-generatin& 5UPPOrt Wages- generating, direct Total 25,933 25,933 47,824 25.933 25,933 47.824 23,105 23,105 42,569 42,569 131,348 47,824 147,513 47.824 147,513 The wa e costs are an31 sed in the accounts a5 follows.. Staff costs under costs of generating funds Staff costs under charitable activities Total 95,648 51,865 147,513 95,648 51,865 147,513 85,138 46,210 131,348 UNRESTRICTED FLINDS RESTRICTED FUNP5 2024 2023 8. Governance costs Accountancy AGM conference and trustees Trustee expenses Total governance costs 5.060 5,060 4.752 2.343 1,426 2,343 1,426 8,829 2,063 678 8,829 7,493 The average number of employees during the year, calculated on the basis of full-time equivalents was 3.7513.75 20231. No employee received remuneration of more than £60,000 during the year12023: Nill. No trustee received any remuneration during the year12023.' £Nill other than reimbursed expenses Irefer to Note 161. Financial Statements The InstituteforOutdoorLearning ICDmpany Lirnited by Guarantee) IApr2025 Page 1Sof
ROBINSON UDALE Notes to the Financial Statements 9- 14 The Institute for Outdoor Learning (Company Limited by Guarantee) For the year ended 30 September 2024 2034 2023 9. Tan ible fixed assets Cost Broughtforward Additions Carried forward 8,935 8,935 390 9,325 8,935 Depreciation Brought forward Charge Carried foDNard 6,241 1.775 8,016 4.430 1,812 6,242 Net book value Carried forward 1,309 2,693 2024 iQ23 10. Investments Brought forward at l October 2023 Carried forward at 30 September 2024 13131 13131 13131 1313) The charity holds a IOOO/o shareholding in Outdoor Learning Services Limited. The company's aggregate capital and reserves amounted to £13131 at the year end. It5 turnover tor the year was £9,29512023.. £46,498) and its expenses were £9,29512023.' £46,498) after tax giving a profit forthe year of £nil12023: £nill. In the trustees opinion there would be no benefit obtained from the production of consolidated financial statements. 2924 2013 11. Debtors Trade debtors 11,424 10.175 14,938 31,794 Other debtors Totsl 21,599 46,732 2024 iQ23 12. Creditors Trade creditor5 7.918 2.075 Accruals and deferred income 16.289 11.617 13.692 Total 24,208 Flnbncial Statements The Institute foroutdoor Learning ICornpanyLirnited byGuaranteel IApr2025 Page 16 Df18
Note5 to the Financial Ststements 9- 14 ROBINSOh' UDALE 1024 2023 13. Unrestricted income funds At l October 2023 128,964 150.435 Incoming resources Outgoing resources At 30 September 2024 247.496 1309.5661 66,894 262,927 1284,3991 128,963 2024 2023 14. Restricted income funds Caphoes Northern Region Campaign forAdventure AFA Foundation 1.274 2.209 1.274 2.209 1,025 30 1,025 30 OutdoorAdviso Board Brought forward Incoming resources Carried fonvard 6.248 2,450 8,698 6,248 6,248 Horseshoe Qlrarry Total 50 50 13,286 10,836 Caphoes This grant is from Buckinghamshire Chilterns University College and has been awarded for the purpose of funding all printing and publishing costs of the publication "Shaping the Outdoor Profession through Higher Education" Northern Region These funds have been restricted to be used forthe benefit ofthe members ofthe areas covered by the Northern Council for Outdoor Education. Funds will be used in the region when required or may be made available in the event of new regionls) being formed, which are currently part of the Northern Region. Campaign forAdventure This funds administers a grant from Adventure Forest Limited TIA Go Ape. The money is to be used to encourage a more adventurous society in the Campaign forAdventure. AFA Foundation These funds are to be used to further outdoor learning for those with disabilities, or for the benefit ofmembers of the AFA special interest group. Their use will be determined bythose IOL members who were a part of the pre-existing organization, Adventure forAII and contributed to the establishment of the fund. OutdoorAdvisory Board The OutdoorAdvisory Board was formed when the Outdoorcouncil merged with u5 in September2023. The money was to be ring-fenced forwork carried out bythe OutdoorAdvisory Board which took overthework ofthe Outdoorcouncil. Horseshoe Quarry The funds relate to an access project which was run jointly with another organization. FinHncial St*ements Thp Ins¢ituteforOutdDDrLe¥rning (Company Llmited byfjuarantsel l Apr2025 P8ge 17 0118
ROBINSON UDALE Notes to The Financial Statements 15- 17 The Institute for Outdoor Learning (Company Limited by Guarantee) For the year ended 30 September 2024 UNRESTRICTED FUNDS RESTRICTED FUNDS TOTAL VNASSIGNEP 15. Anal sis of net assets between funds Tangiblefixed assets Net current assets 996 996 65,898 66,894 13,286 79,184 80,180 Total funds 13,286 16. Trustees Trustees out of pocket expenses were reimbursed to trustees to the extent of £1,426.0112023'. £nill. The Institute owns all the shares of Outdoor Learning SeNices Ltd. None of the trustees have a beneficial shareholding in the company nor do they receive any remuneration for the company. The Institute supplies technical and clerical support tothe company and charges in the period amounted to £655. 17. Company Limited by Guarantee The liability of the members is limited. Every member of the charity undertakes to contribute to the assets of the charity, in the event ofthe same beingwound up while he orshe is a member, orwithin one year after he orshe ceases to be a member, for payment of the debtors and liabilities of the charity contracted before he or she ceases to be a member, and of the costs, charge5 and expenses of winding up, and for the adjustment of the rights of the contributions amongthemselves, such amount as may be required not exceeding ten pounds. The liability ofeach member is limited to £10. There were 1198 members at30 September 202412022: 1,220 members). Financi3lStaternents The InstityteforOutdoorLearning (Company Limited byGuaranteol IApr1025 Page IB of 18