ROBINSON UDALE
rJl8rttr¢dkni￿1lIN￿IbidThthI￿s
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
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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
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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
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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
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TrusteesAnnual Report
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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.
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Developing a map of outdoor learning inte￿entionS 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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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