Company registration number.. N1038105
Charity registration number.. XR 32792
Outdoor Recreation (N. Ireland)
IA company limited by guarantee)
Annual Report and Audited Consolidated Financial Statements
for the Year Ended 31 March 2023

Outdoor Recreation (N. Ireland)
Contents
Reference and Administrative Delails
Trustees Report
2to9
I ndependent Auditors, Report
101012
Consolidated Statement of Financial Activities
13
Statement of Financial Activities for the Charity Alone
14
Consolidated Balance Sheet
15to16
Charity Balance Sheet
17
Consolidated Statement of Cash Flows
Notes lo the Financial Statements
19to28

Outdoor Recreation (N. Ireland)
Reference and Administrative Details
Chairman
Mr D Slelfox
Secretary
Dr C Ferris
Treasurer
Mr R Millar
Trustees
Ms F Kane
Mr D Slelfox
Ms E Trainor
Dr C Ferris
Mr D Hughes
Mr R Magowan
Mr J Hewitt
Mr J Porter
Mr R Millar
Charity Registration Number
XR 32792
Company Registration Number N1038105
Principal offlce and registered The Stableyard
office
Barnetl's Demesne
Malone Road
Belfast
BT9 5PB
Auditor
RBCA Limited
Linenhall Exchange
26 Linenhall Street
Belfasl
BT2 8BG
Page 1

Outdoor Recreation (N. Ireland)
Trustees Report for the Year Ended 31 March 2023
The trustees, who are directors for the purposes of company law, presenl the annual report together
with the consolidated financial statements and auditors, report of the charitable company for the year
ended 31 March 2023.
Structure, governance and management
The organisation is a charitable company limited by guarantee. The company was established under
a Memorandum of Association which established Ihe objects and powers of the charitable company
and is governed under its Articles of Association. In the event of the company being wound up
members are required to contribute an amount not exceeding £1.
Recrultment and appolntment of management committee
The directors of the company are also charity trustees. The directors are elected lo serve for an Initial
three year period. The directors give their lime voluntarily and receive only out of pock8t expenses
from the company with the exception of Caro-Lynne Ferris whose post as Company Secretary of
Outdoor Recreation IN. Ireland) is paid.
Risk management
The directors have conducted a review of the major risks lo which the charity is exposed. Internal
control risks are minimised by the implementation of procedures for the aulhorisation of all
transactions and projects. Procedures are in place to ensure compliance with health and safely of
staff volunteers, clients and visitors to the cenlre. These procedures are reviewed lo ensure that they
continue lo meet the needs of the charity.
Organisational structure
A scheme of delegation is in place and the day lo day responsibility for the provision of services rests
with the company secretary and the adminislralive team.
Outdoor Recreation Nl commissioned a consultant lo carry out an exercise with one overarching
objecllve, to ensure ils slructures, and people processes are not only fit for purpose today, but more
importantly are ready and prepared for the organisalions ongoing success and growth. This project.
named 'Fit for the Future, comprised a set of activities lo examine and explore three key
organisational strands, namely..
strand A.. Structure
A review regarding Ihe effectiveness of the currenl organisation struclure. lo ensure it is positioned to
deliver on both currenl and emerging business priorities.
Slrand B.. Remuneration
A review on the adequacy of ORNI'S staff remuneration package, to ensure it is in line with current
responsibilities and comparable seclor rate.
strand C.. Culture
A review on the ORNI workplace culture, to develop further the ORNI employer brand and ensure it
continues lo be a gre81 place lo work.
Focusing specifically on Strand A, a new organisalion structure was pul in place in Seplember 2022
lo:
Page 2

Outdoor Recreation (N. Ireland)
Trustees Report for the Year Ended 31 March 2023
Enable the organisalion to retain its position as market leader, by giving lime and resource lo
stakeholder engagement, strategic development and research,.
Be fully aligned and resourced against its strategic priorities-,
Provide a structure that enables the right balance and definition beiween Project Management and
Line Management.,
Have a senior management structure that is fully supported to deliver team management,
programme management, project mentorship, organisalional leadership. and business
development responsibilities.,
Have a project delivery team structure Ihal allows projects lo be allocated based on a set of
defined criteria to include current skills and specialisms. bul also personal and career development
opportunities,. and
Ensure a fully resourced 'business support, presence, covering all matters that enable optimum
functioning of the internal organisalion lo include Finance, HR, IT. Facilities, Procurement.
Tangibly, this established four new leams, Slralegic Projects, Place Shaping, Communications and
Training and Business Suppori.
Trustees and officers
The Iruslees and officers serving during the year and since the year end were as follows-.
Trustees..
Ms F Kane {appoinled 9 December 2022}
Mr D Slelfox
Ms E Trainor lappoinled 9 December 2022)
Dr C Ferris
Mr D Hughes (appointed g December 20221
Mr R Magowan
Mr J Hewitt {appoinled 9 December 20221
Mr B Murphy (resigned g December 2022}
Mr J Porter
Mr R Millar
Chairman..
Mr D Slelfox
Secretary..
Dr C Ferris
Treasurer-
Mr R Millar
Page 3

Outdoor Recreation (N. Ireland)
Trustees Report for the Year Ended 31 March 2023
Objectives and activlties
1. CHAMPIONING THE OUTDOORS
Strategic aim:
There is increased awareness of the benefits that outdoor recreation brings to individuals,
communities and Northern Ireland as a whole and increased focus on the importance of outdoor
recreation within policy and practice at both national and local levels.
Achievements
Key achievements for the year are summarised as follows..
Engaged in regular meelings with EMFG, NIEA, eNGO Sector.,
Attended All Party Working Group on Cycling, DOH Obesity Group, Women in Sport, Belfast
Heallhy Cities,.
Two formal partnership agreemenls imminent - SLA with the Outdoor Partnership relating lo the
provision of financial adminislralion Se￿iceS for the Opening Doors to the Outdoors UK
Programme and UK Trails Project led by Developing Mountain Biking in Scotland.,
Acted in an advisory role, provided support and offered advice lo numerous organisalions on a
wide ride range of subjects e.g access. trail signage, trail infrastructure, MTB signage etc.
Deep dive analysis done of POMNI- (People in the Outdoors Monitor for Nll research - including
impact of deprivation on outdoor recreation participation, rurallurban disparity in greenspace
access and people with a disabilily and outdoor recreation participation. Individual Council
factsheels prepared.,
Greenspace Mapping project complete
deliv8ring an aulhoritalive online map of all publicly
accessible greenspace and off-road trails in Northern Ireland- and
Acted as Secretariat to the National Outdoor Recreation Forum INORFI. Met once during the year.
2. DELIVERING TRAINING AND SHARING BEST PRACTICE
strateglc alm:
The outdoor recreation sector is belter equipped lo plan, deliver, manage and promote outdoor
recreation initiatives to a high standard. There is an increasing focus on innovative, sustainable and
participant-led approaches lo outdoor recreation.
Achievements
Key achievements for the year are sumrnarised as follows=
Acted as the Secretariat to the UK and Irel8nd Outdoor Recreation Network (ORN).,
Acted as the Secretarial to the UK and Ireland Visitor Safety Group (VSGI.,
Outdoor Recreation HUB Established hllp:Ilwww.outdoorrecreationni.comlhublblogsl', 20
newslblDgs published, 6 e-zines dislribuled. Regular Linkedln and Twitter Updates.,
Delivered 2 webinars and 1 conference-. Social Prescribing Evaluation Toolkit, Cave Hill Natural
MTB Case Study Walk and Talk, ORNI Conference 2023- 100+ in attendance.
Page 4

Outdoor Recreation (N. Ireland)
Trustees Report for the Year Ended 31 March 2023
Outdoor Event Steering Group expanded and seminar organised for spring 2023. and
Review on-going of Principles and Slandards for Trail Development.
3. PLANNING AND DEVELOPING QUALITY EXPERIENCES
strategic aim:
A wide range of high quality, sustainable and participant focused outdoor recreation experiences
allowing people to connect and engage with nature are in place across Northern Ireland.
eve
Key achievemenls for the year are summarised as follows:
Completed
Castle Caldwell Development Plan - FODC.
Ring of Gullion Way Scoping Study- NMDDC.,
C8ve Hill MTB Trail Pilot - BCC.
Angling Development Report and Action Plan for the Erne System - FODC.,
Trail prescriptions for 8 trails in Binevenagh, Ballycarton, Grange and Downhill area - Binevenagh
LPS.,
Maghera (Mullagh Road) Local Hub Maslerplan MUDC.,
National Outdoor Recreation Strategy for Ireland - support services - CnT',
Beara Breifne Way Technical Trail Audit - Fl.,
Roscommon Outdoor Recreation Strategy - Roscommon Counly Council.,
Ballina - Enniscrone Recreational Trail Feasibility Study - Mayo Coco.,
Donegal Outdoor Recreation Slrategy - Donegal County Council.,
Peatlands Eco Tourism phase 2 and phase 3- Fl-
Glenmona House Cushendun - NT.
Inclusive Beach Access Study - NMDDC.,
Newcastle Harbour Open Water Swimming Review - NMDDC"
Mourne Strategic Framework- Mourne Partnership.,
Blueways Vision and Action Plan - Blueways Partnership led by Sport Ireland-
Mourne Park Visitor Experience Plan - Woodland Trust., and
Glas-na-braden Visitor Experience Plan Woodland Trust.
On-going
strangford Lough Blueway Feasibility Study- ANDBC.,
Feasibility Study for the development of a multi-use Irails in NMDDC - DAERA.,
Silent Valley Masterplan Nl Water-
Masterplans for Woodburn Forest, Portglenone Forest and Glenarm Forest.
Camlough Mountain Maslerplan -NMDDC',
Page 5

Outdoor Recreation (N. Ireland)
Trustees Report for the Year Ended 31 March 2023
Camlough Mountain Masterplan -NMDDC;
Ring of Gullion Visitor Management Plan - NMDDC.
Slieve Beagh Feasibility Study- FODC, Cavan CC Monaghan CC., and
Mote Park Development Proj8Ct- Roscommon Coco.
Community Trails
Feasibility studies complete for 2 community trails Bright GAC, Teconnaughl GAC (NMDDC) with
work progressing on a further 2 - Inch Abbey and Tipperary Wood.,
Feasibility sludy complete for Saul to Lough Money {SportNI)', and
Feasibility studies complete for community trails in Lisnagarvey Hockey Club, Clogher Valley,
Larne, Ballyclare and Ballymena RFCS.
Water-Based Recreatlon
Arney River Canoe Trail - complete.
Other
Faughan Valley Sculpture Trail -trails and car park complete final sculptures to be installed.
Research
Participation figures gathered on a quarterly basis for Caslleward, Divis, Gosford and the
Community Trails in. Cloghey. Tobar Mhuire, Bunkers Hill, Saul GAC, Ballynahinch Rugby Club,
Drumkeeragh Forest, Tievenadarragh Forest, Corry Wood, Seaforde Plantations, Carnagh Forest.
Slan's Graveyard and Darkley Forest-
Impact survey (Social Return on Investment) of one Community Trails (Arney) completed-, and
Social Value Assessment- Divis and Black Mountain complete.
4. INCREASING AWARENESS
Strategic aim:
A consislenlly high level of accurate information on outdoor recreation is widely available, leading lo
an increase awareness of outdoor recreation opportunities by both the local population and visitors to
Northern Ireland.
Achlevements
Key achievements for the year are summarised as follows..
Phase 2 of OulmoreNI.com on-going.,
Phase 1 of 'Gel Out More. marketing campaign complete - phase 2 on-going. Phase 1 secured
66k+ video views, established 6k+ social media followers, generated 39k+ website visits and over
20 media articles.,
Work on-going to make keep WalkNI. CanoeNI, MountainbikeNI, OutdoorNI up to d8te and
consumer friendly,.
Page 6

Outdoor Recreation (N. Ireland)
Trustees Report for the Year Ended 31 March 2023
12 Environmental messages posted on WalkNI Ihrough a combination of e-newsletter features,
news articles and social media posts;
E-news distributed to 375 underrepresented groups twice in the year.
Responsible Use of the Outdoors Marketing campaign - complete - evaluation showed 100k video
views, 425k reached on social media, 408k website visits, 71 newspaper articles, 2 radio interview
and 1 TV piece.,
New Ulster Way website- complete.,
C.460,000 unique visitors to the websites WalkNI, MountainbikeNI, CanoeNI and OLttmoreNI',
C. 36,OOOk followers of WalkNI through social media channels of Facebook, Inslagram and Iwiller.,
C.31,OOOk followers of MountainbikeNI through social media channels of Facebook, Inslagram and
twitter.,
Right Side of Outside Campaign
Phase 2 dellvered to reit8rale key messages lo encourage
responsible use of the outdoors. Campaign secured 25+ media articles, generated 39k+ website
visits and reached over 200k people on social media.
Get Wet- 11 water sport clubs offered 15 events and participation programmes., and
Get Wet Slay Safe
612 people attended courses between June and September. SUP most
popular activily.
5. WIDENING, INCREASING AND SUSTAINING PARTICIPATION
strateglc alm:
The number of people participating in outdoor recreation in Nl continues to rise.
Achievements
Key achievements for the year are summarised as follows..
Peace + funding programme opened in March - work on-going on preparing a concept nole.
Page 7

Outdoor Recreation (N. Ireland)
Trustees Report for the Year Ended 31 March 2023
Flnancial revlew
The Charily has generated a positive financial outcome for the year with a net increase in funds of
£99,553 12022.. £389,596) as a result of total income for the year of £1,876,210 {2022.' £2,192,687)
and total expenditure for the year of £1,776,65712022'. £1,803,091).
Statement of trustees. responsibilities
The trustees (who are also the directors of Outdoor Recreation IN. Ireland) for the purposes of
company law} are responsible for preparing the trustees, report and the financial statements in
acoordance with applicable law and United Kingdom Accounting Standards (United Kingdom
Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard
applicable in the UK and Republic of Ireland" The report and accounts have been prepared in
accordance with the provisions in the Companies Acl 2006 relating to small companies.
Company law requires the Iruslees to prepare financial statements for each financial year. Under
company law the Iruslees must nol approve the financial statements unless Ihey are satisfied thal
they give a true and fair view of the slate of affairs of the charitable company and of the incoming
resources and application of resources, including ils income and expendilure, of the charitable
company for that period. In preparing these financial slalemenls, the trustees are required to=
select suitable accounting policies and apply them consistently.,
observe the methods and principles in the Charities SORP.,
make judgements and estimates Ihat are reasonable and prudent,.
slate whether applicable accounting standards, comprising FRS 102 have been followed, subject
to any material departures disclosed and explained in the financial statements-, and
prepare the financial statements on the going concern basls un18SS It is inappropriate to presume
that the charitable company will continue in business.
The Iruslees are responsible for keeping proper accounting records that can disclose with reasonable
accuracy at any time the financial position of Ihe charitable company and enable them lo ensure that
the financial statements comply with the Companies Act 2006. They are also responsible for
safeguarding the assets of the charitable company and hence for laking reasonable sleps for the
prevention and detection of fraud and other irregularities.
The Iruslees are responsible for the rnaintenance and integrity of the corporate and financial
information included on the charitable companls website. Legislation governing the preparalion and
dissemination of financial statements may differ from legislation in olher jurisdictions.
Disclosure of information to audltor
Each trustee has laken steps that they ought to have taken as a trustee in order to make themselves
aware of any relevant audit information and to establish that the charity's auditor is aware of that
information. The trustees confirm that there is no relevant information that they know of and of which
they know the auditor is unaware.
Reappointment of auditor
The auditors RBCA Limited are deemed to be reappointed under section 487121 of the Companies Act
2006.
Page 8

Outdoor Recreation (N. Ireland)
Trustees Report for the Year Ended 31 March 2023
The annual report was approved by the truslees of the charity on
behalf by..
26 Ocl 2023
and signed on ils
.f&
sp.IF.
Ms F Kane
Trustee
Mr D Stelfox
Chairman and Trustee
Is L I rainor
Trustee
ro-
Dr C Ferris
Mr D Hughes
Company Secretary and Trustee Trustee
Mr R Magowan
Trustee
FH
Mr J Hewitt
Trustee
Mr J Vorter
Trustee
Ivir r< Ivtiiiar
Treasurer and Trustee
Page 9

Outdoor Recreation (N. Ireland)
Independent Auditor's Report to the Members of Outdoor Recreation {N.
Ireland) for the Year Ended 31 March 2023
Opinion
We have audited the financial statements of Outdoor Recreatlon IN. Ireland) (the 'charity') for the year
ended 31 March 2023, which comprise Ihe Consolidated Slalemenl of Financial Activities, Statement
of Financial Aclivilies for the Charily Alone, Consolidated Balance Sheel, Charity Balance Sheet,
Consolidated Statement of Cash Flows, and Notes to the Financial Slatemenls, including a summary
of significant accounting policies. The financial reporting framework that has been applied in their
preparation is United Kingdom Accounting Standards, comprising Charities SORP - FRS 102 'The
Financial Reporting Slandard applicable in the UK and Republic of Ireland, and applicable law (United
Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements..
give a true and fair view of the state of the charity's affairs as at 31 March 2023 and of ils incoming
resources and application of resourcos, including its income and expendilure, 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 requiremenls of the Companies Acl 2006.
Basi5 for opinlon
We conducted our audit in accordance wilh International Standards on Auditing (UK} {ISAs {UK}l and
applicable law. Our responsibilities under those standards are further described in Ihe auditor
responsibilities for the audit of the financial slalemenls section of our report. We are independent of
the charity in accordance with the ethical requirements that are relevant lo our audit of Ihe financial
statements in the UK. including the FRC'S Ethical Standard, and the provisions available for small
entilies, in the circumstances set out in note to the financial statements, and we have fulfilled our
other ethical responsibilities in accordance with these requirements. We believe that the audil
evidence we have obtained is sufficient and appropriate lo provide a basis for our opinion.
Conclusions relating to golng concern
In auditing the financial statements, we have concluded that the trustees use of the going 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 lo
events or conditions that, individually or collectively. may casl significant doubt on the charity's ability
lo continue as a going concern for a period of at least twelve months from when the original financial
statements were 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.
other information
The trustees are responsible for the other information. The other information comprises the
information included in the annual report, other than the financial statements and our auditor's report
thereon. Our opinion on Ihe financial statemenls does not cover the other information and, except to
the extent otherwise explicitly slated in our report. W8 do not express any form of assurance
conclusion Ihereon.
Page 10

Outdoor Recreation (N. Ireland)
Independent Auditor's Report to the Members of Outdoor Recreation (N.
Ireland) for the Year Ended 31 March 2023
In connection with our audit of the financial slalements, our responsibility is to read the other
informalion and, in doing $0, consider whether the other information is materially inconsistenl wilh the
financial stalemenls or our knowledge obtained in the audit or otherwise appears lo be materially
misslaled. If we idenlify such material inconsistencies or apparent material misstatements, we are
requlred lo determine whether there is a material misstatement in the financial statements or a
material rnisslatemenl of the other information. If, based on the work we have performed, we conclude
that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
Oplnlon on other matter 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 slatemenls., and
Ihe Truslees Report has been prepared in accordance with applicable legal requirements.
Matters on which we are required to report by exception
In the lighl of our knowledge and understanding of the charity and ils environment obtained in the
course of the audit, we have not identified material misstalemenls in the Trustees Report.
We have nothing lo report in respect of the following matters where the Companies Act 2006 requires
us lo report to you if, in our opinion-
adequale accounting records have not been kept, or returns adequate for our audil have not been
received from branches not visited by us., or
the financial statements are not in agreement with the accounting records and returns., or
certain disclosures of trustees remuneration specified by law are not made., or
we have not received all the informalion and explanations we require for our audit.
Responsibilities of trustees
As explained more fully in Ihe Statement of trust8es' responsibilities (set out on page 8), the truslees
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 Iruslees determine is necessary lo enable the
preparation of financial slatem8nls that are free from material misstatement, whether due lo fraud or
error.
In preparing the financial statements, the Iruslees are responsible for assessing the charity's ability to
continue as a going concern. disclosing, as applicable, matters related to going concern and using the
going concern basis of accounling unless the Iruslees either intend to liquidate Ihe charity or lo cease
operalions, or have no realistic alternative bul to do so.
Auditor responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole
are free from material misstatement, whether due to fraud or error, and lo issue an auditor's report
that includes our opinion. Reasonable assurance is a high level of assurance, bul Is not a guarantee
that an audil conducted in accordance with ISAS {UKI will always detect a malerial misslalement
when it exlsls. Misslalements can arisa from fraud or error and are considered material if, individually
or in the aggregate, they could reasonably be expected lo influence the economic declsions of users
taken on the basis of these financial statements.
Page 11

Outdoor Recreation (N. Ireland)
Independent Auditor's Report to the Members of Outdoor Recreation {N.
Ireland) for the Year Ended 31 March 2023
The extent to which our procedures are capable of delecling irregularities. inclu¢Jing fraud is detailed
below..
We identified areas of laws and regulations that could reasonably be expected lo have a material
effect on the financial statements from our sector experience through discussion with the Trustees
and other management (as required by auditing standards).
We had regard to laws and regulations in areas that directly affect the financial slalemenls
including financial reporting (including related trade union legislation) and taxation legislation. We
considered that extent of compliance with those laws and regulations as part of our procedures on
the related financial slalement ilems.
With the exception of any known or possible non-compliance, and as required by auditing
standards, our work in respecl of these was limited lo enquiry of the Truslees.
We communicated applicable laws and regulations throughout our audit team and remained alert
to any indications of non-compliance throughout the audit.
We addressed the risk of fraud through rnanagement override of controls, by testing the
appropriateness of journal entries, and other adjustments- assessing whether the judgements
made in making accounting estimales are indicative of a potential basis., and evaluating the
business rationale of any significant transactions that are unusual or outside the normal course of
business.
Our audit procedures were designed lo respond to risks of material misstatement in the financial
slatemenls, recognising that Ihe risk of not delecling 8 material misstatement due lo fraud is higher
than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment
by, for example, forgery, misrepresenlalions or through collusion. There are inherent limitations in
the audit procedures performed and the further removed non-compliance with laws and regulations
is from the events and Iransactlons reflected in the financial slatemenls, the less likely we are lo
become aware of it.
A further description of our responsibilities is available on the Financial Reporting Council's website
at= www.frc.org.uklaudilorsresponsibilities. This description forms part of our auditor's report.
Use of our report
This report is made solely to the charitable company's trustees, as a body, in accordance with
Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we
might slate to the charity's trustees those mallers we are required to stale lo them in an auditor's
report and for no other purpose. To th8 fullest extent permitted by law, we do not accept or assume
responsibility to anyone other than the charitable company and ils trustees as a body, for our audit
work, for this report, or for the opinions we have formed.
55
Ross Boyd (Senior Statutory Auditor)
For and on behalf of RBCA Limited, Slalulory Auditor
Linenhall Exchange
26 Linenhall Street
Belfasl
BT2 8BG
Dale..
17 Nov 2023
Page 12

Outdoor Recreation IN. Ireland)
Consolidated Statement of Financial Activities for the Year Ended 31 March
2023
{Including Income and Expenditure Account and Statement of Total
Recognised Gains and Losses)
Uiirestricted
fuiids
Restricted
funds
Total
2023
Total
2022
Note
Incoine and Endowments from..
Donations and legacies
Charitable activities
Other trading activities
Inveslinenl incoine
33,000
749,144
33,000
749,144
1 ,093,924
142
471 ,408
1,721,138
141
1,093,924
142
Total iiicome
1094 066
782 144
1,876 210
2 192,687
Expenditure on:
Charitable activities
Other expenditure
1490,6641
515 5151_
1770,4781
11,261.1421
515515
11 ,232.415)
570 676
Total expenditure
1,006,179
770.478
1 776 657
1 803 091
Nel lexper)diliirellinGome
87,887
99,553
389 596
Nel movement in lunds
87,887
11,666
99,553
389,596
Reconciliation of funds
Total lund5 brought fotward
1 OJfo 726
1087 566
697,970
Total funds carried forward 16
1,138.613
48.506
1.187,119
1 ,087,566
All of the charity's aclivilie5 derive fvoin continliing operations during the above periods.
The nolps on pages 19 10 28 form an inle Jral part of these financial slaleinents,
Page13

Outdoor Recreation IN. Ireland}
statement of Finaiicial Activities for the Charity Alone for the Year Ended 31
March 2023
Ilncluding Income and Expenditure Account and Statement of Total
Recognised Gains and Losses)
Un restricted
fund5
Restricted
fund5
Total
2023
Total
2022
InGome and Endowinents from..
Donations and legacies
Charitable aolivilies
Other trading activities
Investirenl income
33,000
749,144
33,000
749,144
75fj,563
142
471,408
1 ,247,454
141
751 ,563
142
Total income
751,705
782,144
1.533 849
1,719,003
Expenditure on:
Cliarilable activities
Ollier expendilLire
{490,6641
173 154
{770,478)
11,261, 142)
-1173 154
{1,232,415)
96,992
Total expendilLire
829311
604,985)
1 ,434,296
1,329 407
Nel (expendilLirellincoine
Nel movement in funds
11,666
389 596
87.887
11,666
99,553
389,596
Reconciliation of fLEnds
Total funds brought lorward
1050,726
1,087,566
697,970
Total funds carried fotward
1,138,613
1,187,119
1 ,087,566
The notes on pages 19 10 28 forin an integral part of Iliese Iinancial slalemenls.
Page 14

Outdoor Recreation (N. Ireland)
(Registration number.. N1038105}
Consolidated Balance Sheet as at 31 March 2023
las restatedl
2023
2022
Note
Fixed assets
Tanyihle assets
io
15,260
15.921
Current assets
stocks
Debtoi"s
Cash al bank and in hand
12
1,500
618,389
581.102
1 ,200,991
826,402
647,710
1,474,112
Creditors: Amounts falliiig due within oiie yoar
302,254
129 346
Net curreiit 8ssels
1,171 858
1 ,071,645
Net a55els
1,187.119
1,087,566
Funds of tlie cliarity..
Restricted income funds
Restricted funds
48,Jf06
36,840
Unrestricted income funds
Unreslricled funds
1 138613
Total funcls
16
1,187,119
1,087,fJ66
These financial statements have been prepared in accoi"dance with the special provisions relating lo
compaiiles subject lo the small coimpanies regime within Parl 15 of the Companies Act 2006.
Tlie notes ori pages 19 to 28 fDrin ali integral part ol Iliese finaiicial 51aleinentS.
Page15

Outdoor Recreation (N. Ireland)
(Registration number: N1038105)
Consolidated Balance Sheet as at 31 March 2023
The financial statements on pages 13 to 28 were approved by the trustees, and aulhorised for issue
on
'26'0ci YO25
and signed on their behalf by..
Ms F Kane
Trustee
Mr D Slelfox
Chairman and Trustee
Ms k I rainor
Trustee
Dr C Ferris
Mr D Hughes
Company Secretary and Trustee Trustee
Mr R Magowan
Trustee
Yypotrb
Mr J Hewill
Trustee
Mr J Porter
Trustee
Mr R Millar
Treasurer and Trustee
The notes on pages 19 to 28 form an integral part of these fin8ncial slalemenls.
Page 16

Outdoor Recreation (N. Ireland)
(Registration number: N10381051
Cliarity Balance Sheet as at 31 March 2023
las rL'st8ted}
2023
2022
Fixed assets
Tangible assets
2,617
5,147
Current assets
Stocks
Iiiveslmenls
Debtors
Cash al bank and in hand
1,500
1,118,337
207 317
1 ,325,657
822,167
274,82J
1,098,495
Creditors: Amou nt5 falling due witliin one year
-1141,155
1184,502
16 076
Net current a55ets
1,082419
Net assets
1,187.119
1087,566
Restricted income flinds
Reslricled funds
48,506
36,84D
Unrestricted incorne funds
Unresliicled funds
1 138.613
1050,726
Total funds
1,187,119
1,087,566
The notes on pages 19 10 28 foi"m ali iiileui.al part ol these financial slaleinenls.
Page17

Outdoor Recreation IN. Ireland)
Consolldated Statement of Cash Flows for the Year Ended 31 March 2023
2023
2022
Note
Cash flows from operating aGtlvltles
Nel Cash Income
99.553
389,596
Adlustments to cash flows from non-cash Items
Depreciatlon
Investment Income
5,216
142
104,627
3,498
141
392,953
Working capital adjustments
Decrease in stocks
Increase in debtors
Incroaselldecrgasel in creditors
Nel cash flows from operallng aclivilies
12
13
15
1,500
1208,0131
172.908
(41,684)
208.135
143 134
Cash flows from investlng actlvltles
Interest recelvable and similar income
Purchase of langlble fixed assels
142
141
10
Nel c8sh flows from investing aclfvilles
Nel Increase In cash and cash equlvalenls
66,608
131,534
Cash and cash equlvalents at l Aprll
Cash and cash equivalents at 31 March
581 102
449,568
647,710
581,102
All of the cash flows are derived from continuing operations during Ilie above Iwo pe¥iods.
The notes on pages 19 10 28 form an Integral part of Ih&se flnancial slalemenls.
Page 18

Outdoor Recreation (N. Ireland)
Notes to the Financial Statements for the Year Ended 31 March 2023
1 Charity status
The charity is limited by guaranlee, incorporated in Northern Ireland, and consequently does not have
share capital. Each of the trustees is liable lo contribute an amount nol exceeding £1 towards Ihe
assets of the charity in the event of liquidation. The charity is registered as a charity with Ihe Charily
Commission of Northern Ireland.
The Charity number is XR 32792.
The Company number is N1038105.
The address of ils registered office is..
The Stableyard
Barnett's Demesne
Malone Road
Belfast
BT9 5PB
2 Accountlng policies
Summary of slgnificant accountlng policies and key accounting estlmates
The principal accounting policies applied in the prep8ralion of these financial statements are set out
below. These policies have been consistently applied to all the years presented, unless othewise
slated.
statement of compliance
The financial slalements have been prepared in accordance with Accounting and Reporting by
Charities.. Statement of Recommended Practice (applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in Ihe UK and Republic of Ireland IFRS
102)) {issued in October 20191 (Charities SORP (FRS 1021), the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 102) and the Companies Act 2006.
Page 19

Outdoor Recreation (N. Ireland)
Notes to the Financial Statements for the Year Ended 31 March 2023
Basis of preparation
Ouldoor Recreallon IN Ireland) meets Ihe definition of a public benefit entity under FRS 102. Assels
and liabilities are initially recognised al historical cost or transaction value unless olherwise slated in
the relevant accounting policy notes.
The consolidated financial statements consolidate the financial statements of the charity and ils
subsidiary undertakings drawn up to 31 March 2023.
A subsidiary is an entity controlled by the charity. Control is achieved wh8re the charity has the power
to govern the financial and operating policies of an entity so as to obtain benefits from its activities.
The results of subsidiaries acquired or disposed of during the period are included in Ihe statement of
financial activities from the effective dale of acquisilion or up lo the effective date of disposal, as
appropriate. WheTe necessary, adjustments are made to the financial slalements of subsidiaries to
bring their accounting policies into line with those used by the group.
The purchase method of accounting is used to accounl for business combinations that resuSt in the
acquisition of subsidiaries by the group. The cost of a business combination is measured as the fair
value of the assets given, equity instruments Issued and liabilities incurred or assumed at the date of
exchange, plus cosls directly attribulable to the business combination. Identifiable assets acquired
and liabilities and contingent liabilities assumed in a business combination are measured inilially at
their fair values at the acquisition date. Any excess of the cost of the bLJsiness combination over the
acquirer's interest in the net fair value of the identifiable assets, liabilities and conlingent liabilities
recognised is recorded as goodwill.
Inter-company transactions, balances and unrealised gains on transactions between the charity and
ils subsidiaries, which are relaled parties, are eliminated in full.
Inlra-group losses are also eliminated but may indicate an impairment that requires recognition in the
consolidated financial statements.
Accounting policies of subsidiaries have been changed where necessary to ensure consistency wilh
the policies adopted by the group.
Presentational curren¢y and level of rounding
The presentational currency is £ sterling and the level of rounding is lo the nearest £.
Going concern
The trustees consider that there are no material uncertainties about the charity's ability lo continue as
a going ooncern nor any significant areas of uncertainly that affect Ihe carrying value of assels held by
the charity.
Fund accounting
Unrestricted funds are available for use al the discretion of the trustees to further any of the charills
purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or
commitment.
Page 20

Outdoor Recreation (N. Ireland}
Notes to the Financial Statements for the Year Ended 31 March 2023
Restricted funds are subjected to restrictions on their expenditure declared by Ihe donor or through
the terms of an appeal, and fall into one of two sub-classes.. reslricled income funds or endowment
funds.
Incoming resources
All incoming resources are included in Ihe statement of financial activities when entillemenl has
passed to the charity- it is probable that the economic benefits associated with the transaction will flow
to the charity and the amount can be reliably measured. The following specific policies are applied lo
particular categories of income..
income from donations or grants is recognised when there is evidence of enlitlemenl lo the gift,
receipt is probable and its amount can be measured reliably.
legacy income is recognised when receipt is probable and entillement is established;
income from donated goods is rneasured at the fair value of Ihe goods unless this is impractical to
measure reliably, in which case the value is derived from the cost to the donor or the estimated
resale value. Donated facilities and services are recognised in the accounts when received if the
value can be reliably measured. No amounls are included for the contribution of general
volunteers., and
income from contracts for Ihe supply of services is recognised wilh the delivery of the contracted
service. This is classified as unrestricted funds unless there is contractual requirement for it lo be
spent on a particular purpose and returned if unspent, in which case it may be regarded as
r8slricled.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any
VAT which cannot be fully recovered, and is classified under headings of the statement of financial
activities to wb.ich it relates..
expenditure on raising funds includes the costs of all fundraising activities, events, non-charilable
trading activities, and the sale of donated goods.,
expenditure on charitable activities includes all costs incurred by a charity in undertaking aclivilies
that further ils charilable aims for the benefit of its beneficiaries, including those support costs and
costs relating to the governance of the charity apportioned to charitable activities- and
other expenditure includes all expenditure that is neither related to raising funds for the charity nor
part of ils expenditure on charitable aclivilies.
All costs are 2llocaled to expenditure categories reflecting the use of the resource. Direct costs
attributable to a single activity are allocated directly to that activity. Shared costs are apportioned
between the activities they contribute to on a reasonable, justifiable ana consislenl basis.
Page 21

Outdoor Recreation (N. Ireland)
Notes to the Financial Statements for the Year Ended 31 March 2023
Tangible fixed assets
Tangible assets are initially recorded at cost, and subsequently slated at cost less any accumulated
depreciation and iTnpairmenl losses. Any tangible assets carried at revalued amounts are recorded at
the fair value at the date of revaluation less any subsequent accumulated depreciation and
subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation, is recognised in olher
recognised gains and losses, unless il reverses a charge for impairment Ihal has previously been
recognised as expenditure within the slat8ment of financial activities. A decrease in the carrying
amount of an asset as a result of revaluation, is recognised in other recognised gains and losses,
except lo which it offsets any previous revaluation gain, in which case the loss is shown within other
recognised gains and losses on the statement of financial activities.
DeprecTation and amortisatlon
Depreciation is provided on tangible fixed assets so as lo write off the cost or valuation. less any
estimated residual value. over their expected useful economic life as follows..
Asset class
Freehold property
Equipment
Depreciation method and rate
100/0 straight line
20 % straight line
Taxation
The charity is considered lo pass the lesls sel out In Paragraph 1 Schedule 6 of the Finance Act 2010
and therefore it meets the definition of a charitable company for UK corporation tax purposes.
Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains
received within calegories covered by Chapter 3 Part 11 of Ihe Corporation Tax Act 2010 or Section
256 of the Taxation of Chargeab5e Gains Act 1992, to the extent that such income or gains are
applied exclusively lo charitable purposes.
Stock
stock is valued 81 the lower of cost and estimated selling price less costs to complete and sell, after
due regard for obsolete and slow moving stocks. Cost is determined using the first-in, first-oul (FIFO).
Trade debtors
Trade debtors afe amounts due from customers for merchandise sold or Se￿iceS performed in the
ordinary course of business.
Trade debtors are recognised initially al th- transaction price. They are subsequently measured at
amortised cost using the effective interest method, less provision for impairment. A provision for the
impairment of trade debtors is established when there is objective evidence that the charily will not be
able to collect all amounts due according lo the original terms of the receivables.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-lerm highly
liquid investments that are readily convertible lo a known amount of cash and are subject lo an
insignificant risk of change in value.
Page 22

Outdoor Recreation (N. Ireland)
Notes to the Financial Statements for the Year Ended 31 March 2023
Trade credltors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary
course of business from suppliers. Accounts payable are classified as current liabilities if the charity
does not have an unconditional right, al Ihe end of the reporting period, to defer selllemenl of the
creditor for al least twelve months after Ihe reporting dale. If there is an uncondilional right to defer
settlement for at leasl iwelve months after the reporting date, they are presenled as non-current
liabilities.
Trade creditors are recognised initially al the transaclion price and subsequently measured al
amortised cost using Ihe effective interest method.
Foreign exchange
Transactions in foreign currencies are recorded al the rate of exchange al the dale of the Iransaclion.
Monetary assets and liabilities denominated in foreign currencies at the balance sheet date are
reported al the rates of exchange prevailing at that date.
The results of overseas operations are translated at the average rates of exchange during the period
and Iheir balance sheels al the rates ruling at the balance sheet date. Exchange differences arising
on translation of the opening nel assets and results of overseas operations are reported in other
cornprehensive income and accumulated in equity {atlribuled to non-conlrolling interesls as
appropriatel.
Penslons
The Charily participates in the Local Government Pension Scheme for Northern Ireland which is
administered by the N l Local Governmenl Officers, Superannuation Commillee. The scheme is an
unfunded multi-employer defined benefit pension scheme. As the Charity is unable to identify ils share
of the underlying assets and liabilities, contributions are recognised as an expense in the period in
which the related service is provided.
The Local Governtnenl Pension Scheme Regulations (Northern Ireland) 2014 provides the legal
framework for regular actuarial valuations of the pension scheme to measure Ihe costs of Ihe benefits
being provided. These valuations inform the future contribution rates lo be paid into the scheTnes by
employers every three years following the scheme valuation. The scheme actuary is responsible for
carrying out scheme valuations and reviews contributions every three years following the scheme
valuation. The 31 March 2022 scheme valuation was completed by Aon in March 2023. The outcome
of this valuation was used to set the level of contributions for employers from 1 April 2023 10 31 March
2026.
The pension cost charge for the period by the Charity to the scheme amounted to £205.562 (2022..
£172,309) based on a rate of 23.20/0 of pensionable pay.
Page 23

Outdoor Recreatlon (N. Ireland)
Notes to the Financial Statements for the Year Ended 31 March 2023
Prlor year adjustment
In the prior year, reslricled funds were overslated by £59,526 and unrestricted funds were
underslaled by £59,526.
There were several misslatements arising from 8rrors in the prior year financial statements of Outdoor
Recreation IN. Ireland) Trading Ltd as follows:
Accruals and adminislr81ive expenses were understated by £83,431.,
Accruals were overslaled by £105,919 and sales were understaled by £105,919.
AGcru8d income and sales were understated by £67,557., and
The VAT liability and administrative expenses were understated by £14,122.
Adjustments to correct Ihe above errors have been made lo the comparative financial information.
3 Income from donations and legacies
Unrestrlcted
funds
Restricted
funds
Total 2023
Total 2022
Grants from companies
33,000
33,000
33,000
33,000
4 Income from other trading activities
Unrestricted
funds
Restricted
funds
Total 2023
Total 2022
Non-charilable trading
Income from subsidiary
398,861
695,063
1,093,924
398,861
695,063
1,093,924
911,029
810,109
1,721,138
5 Income from charitable activities
Unrestricted
funds
Restricted
funds
Total 2023
Total 2022
Communication & Training
Feasibility, Planning & Developmenl
Marketing
Participation
352,317
112,422
190,726
93,679
352,317
112,422
190,726
93,679
749,144
122,926
131,887
96,223
120,372
471,408
749,144
Page 24

Outdoor Recreation (N. Ireland)
Notes to the Financial Statements for the Year Ended 31 March 2023
6 Investment income
Unrestricted
funds
Restricted
funds
Total 2023
Total 2022
Bank interest receivable
142
142
141
142
142
141
7 Expenditure on charitable activitles
Unrestricted
funds
Restricted
funds
Total 2023
Total 2022
Communicglion & Training
Feasibility, Planning & DevelopTnent
Marketing
Participation
Support Cosls
319,293
91,303
174,488
19,901
165,493
770,478
319,293
91,303
174,488
19,901
656,157
1,261,142
125,870
98,758
89,008
119,277
799,502
1,232.415
490,664
490,664
8 Other expenditure
Unrestricted
funds
Restrlcted
funds
Total 2023
Total 2022
Adminislralive salaries
Adminislralive travel
71,417
8,158
71,417
8,158
41,058
1,003
45,728
1,587
3,960
867
Office costs
Sundry
Audil fees
5,000
85,200
849
5,000
82,150
849
Legal and professional fees
Bank charges
Depreciation
Expenditure by subsidiary
259
2,530
342,361
515,515
2,530
342,361
515,515
2,530
473,684
570,676
Page 25

Outdoor Recreation (N. Ireland)
Notes to the Financial Statements for the Year Ended 31 March 2023
9 Staff costs
The aggregate payroll costs were as follows..
2023
2022
Salaries and wages
976,354
778,888
The monthly average number of persons {including senior management I leadership leaml employed
by the charity during the year expressed as full time equivalents was as follows..
2023
2022
No
Average number of staff during year
22
20
One employee received employee benefits of more than £60,000 during the year {2022'. 1).
The Charity Iruslees were not paid or received any other benefits from employment with the Charity or
its subsidiary in the year neither were Ihey reimbursed expenses during the year with the exception of
Caro-Lynne Ferris whose post 8s Company Secretary of Outdoor Recreation (N. Ireland) is paid. No
Charity trustee received payment for professional or other services supplied to the Charity. The key
management personnel of the parent Charity comprise the Executive Director and Operalions
Director. The total employee benefits of the key managemenl personnel of the Charity were £155,813
{2022'. £144,725).
10 Tangible fixed assets
Land and
buildings
Furniture and
equipment
Total
Cost
At 1 April 2022
Additions
156,349
98,506
4,555
254,855
4,555
At 31 March 2023
156,349
103,061
259,410
Depreciation
At 1 April 2022
Charge for the year
At 31 March 2023
156,349
82,585
5,216
238,934
5,216
156,349
87,801
244,150
Net book value
At 31 March 2023
15,260
15,260
Al 31 March 2022
15,921
15,921
Page 26

Outdoor Recreation (N. Ireland)
Notes to the Financial Statements for the Year Ended 31 March 2023
11 Taxation
The charity is a regislered charity and is therefore exempt frorn taxation.
12 Stock
2023
2022
Raw materials and consumables
1,500
13 Debtors
2023
2022
Trade debtors
Prepayments and accrued income
other deblors
355,675
462,712
8,015
172,427
340,042
105,920
826,402
618,389
14 Cash and cash equlvalent5
2023
2022
Cash al bank
647,710
581,102
15 Creditors: amounts falling due within one year
2023
2022
Trade creditors
Other creditors
Accruals 8nd deferred income
71,579
127,230
103,444
28,439
100,907
302,253
129,346
Page 27

Outdoor Recreation (N. Ireland)
Notes to the Financial Statements for the Year Ended 31 March 2023
16 Funds
Balance at 1
April 2022
Incoming
resources
Balance at 31
March 2023
Unrestricted funds
General
1,050,726
87,887
1.138,613
Restricted funds
36,840
11,666
48,506
Total funds
1,087,566
99,553
1,187,119
las restated)
Balance at 31
March 2022
Balance at 1
April 2021
Incomlng
resources
Unrestrlcted funds
General
601,604
449,122
1,050,726
Restricted funds
96,366
59,526
36,840
Total funds
697,970
389,596
1,087,566
17 Related party transactlons
In ?023 the following transactions look place be￿een Ouldcor Recreation (N. Ireland} and its wholly
owned subsidiary Outdoor Recreation (N. Ireland) Trading Ltd:
The Iransfer under gift aid of the trading prof5ts of Outdoor Recreation IN. Ireland) Trading Ltd to Outdoor
Recrealion {N. Ireland) of £352.702 (2022.. £336,425) of which £352,702 was outstanding as al 31
March 2023 {2022'. £336,425).
Page 28