2023-02-012024-01-312024-01-31false13913243OUTDOOR LEARNING RESOURCES LTD2024-09-2747190iso4217:GBPxbrli:pure139132432023-02-01139132432024-01-31139132432023-02-012024-01-31139132432022-02-14139132432023-01-31139132432022-02-142023-01-3113913243bus:SmallEntities2023-02-012024-01-3113913243bus:AuditExempt-NoAccountantsReport2023-02-012024-01-3113913243bus:FullAccounts2023-02-012024-01-3113913243bus:PrivateLimitedCompanyLtd2023-02-012024-01-3113913243core:WithinOneYear2024-01-3113913243core:AfterOneYear2024-01-3113913243core:WithinOneYear2023-01-3113913243core:AfterOneYear2023-01-3113913243core:ShareCapital2024-01-3113913243core:SharePremium2024-01-3113913243core:RevaluationReserve2024-01-3113913243core:OtherReservesSubtotal2024-01-3113913243core:RetainedEarningsAccumulatedLosses2024-01-3113913243core:ShareCapital2023-01-3113913243core:SharePremium2023-01-3113913243core:RevaluationReserve2023-01-3113913243core:OtherReservesSubtotal2023-01-3113913243core:RetainedEarningsAccumulatedLosses2023-01-3113913243core:LandBuildings2024-01-3113913243core:PlantMachinery2024-01-3113913243core:Vehicles2024-01-3113913243core:FurnitureFittings2024-01-3113913243core:OfficeEquipment2024-01-3113913243core:NetGoodwill2024-01-3113913243core:IntangibleAssetsOtherThanGoodwill2024-01-3113913243core:ListedExchangeTraded2024-01-3113913243core:UnlistedNon-exchangeTraded2024-01-3113913243core:LandBuildings2023-01-3113913243core:PlantMachinery2023-01-3113913243core:Vehicles2023-01-3113913243core:FurnitureFittings2023-01-3113913243core:OfficeEquipment2023-01-3113913243core:NetGoodwill2023-01-3113913243core:IntangibleAssetsOtherThanGoodwill2023-01-3113913243core:ListedExchangeTraded2023-01-3113913243core:UnlistedNon-exchangeTraded2023-01-3113913243core:LandBuildings2023-02-012024-01-3113913243core:PlantMachinery2023-02-012024-01-3113913243core:Vehicles2023-02-012024-01-3113913243core:FurnitureFittings2023-02-012024-01-3113913243core:OfficeEquipment2023-02-012024-01-3113913243core:NetGoodwill2023-02-012024-01-3113913243core:IntangibleAssetsOtherThanGoodwill2023-02-012024-01-3113913243core:ListedExchangeTraded2023-02-012024-01-3113913243core:UnlistedNon-exchangeTraded2023-02-012024-01-3113913243core:MoreThanFiveYears2023-02-012024-01-3113913243core:Non-currentFinancialInstruments2024-01-3113913243core:Non-currentFinancialInstruments2023-01-3113913243dpl:CostSales2023-02-012024-01-3113913243dpl:DistributionCosts2023-02-012024-01-3113913243core:LandBuildings2023-02-012024-01-3113913243core:PlantMachinery2023-02-012024-01-3113913243core:Vehicles2023-02-012024-01-3113913243core:FurnitureFittings2023-02-012024-01-3113913243core:OfficeEquipment2023-02-012024-01-3113913243dpl:AdministrativeExpenses2023-02-012024-01-3113913243core:NetGoodwill2023-02-012024-01-3113913243core:IntangibleAssetsOtherThanGoodwill2023-02-012024-01-3113913243dpl:GroupUndertakings2023-02-012024-01-3113913243dpl:ParticipatingInterests2023-02-012024-01-3113913243dpl:GroupUndertakingscore:ListedExchangeTraded2023-02-012024-01-3113913243core:ListedExchangeTraded2023-02-012024-01-3113913243dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-02-012024-01-3113913243core:UnlistedNon-exchangeTraded2023-02-012024-01-3113913243dpl:CostSales2022-02-142023-01-3113913243dpl:DistributionCosts2022-02-142023-01-3113913243core:LandBuildings2022-02-142023-01-3113913243core:PlantMachinery2022-02-142023-01-3113913243core:Vehicles2022-02-142023-01-3113913243core:FurnitureFittings2022-02-142023-01-3113913243core:OfficeEquipment2022-02-142023-01-3113913243dpl:AdministrativeExpenses2022-02-142023-01-3113913243core:NetGoodwill2022-02-142023-01-3113913243core:IntangibleAssetsOtherThanGoodwill2022-02-142023-01-3113913243dpl:GroupUndertakings2022-02-142023-01-3113913243dpl:ParticipatingInterests2022-02-142023-01-3113913243dpl:GroupUndertakingscore:ListedExchangeTraded2022-02-142023-01-3113913243core:ListedExchangeTraded2022-02-142023-01-3113913243dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-02-142023-01-3113913243core:UnlistedNon-exchangeTraded2022-02-142023-01-3113913243core:NetGoodwill2024-01-3113913243core:IntangibleAssetsOtherThanGoodwill2024-01-3113913243core:LandBuildings2024-01-3113913243core:PlantMachinery2024-01-3113913243core:Vehicles2024-01-3113913243core:FurnitureFittings2024-01-3113913243core:OfficeEquipment2024-01-3113913243core:AfterOneYear2024-01-3113913243core:WithinOneYear2024-01-3113913243core:ListedExchangeTraded2024-01-3113913243core:UnlistedNon-exchangeTraded2024-01-3113913243core:ShareCapital2024-01-3113913243core:SharePremium2024-01-3113913243core:RevaluationReserve2024-01-3113913243core:OtherReservesSubtotal2024-01-3113913243core:RetainedEarningsAccumulatedLosses2024-01-3113913243core:NetGoodwill2023-01-3113913243core:IntangibleAssetsOtherThanGoodwill2023-01-3113913243core:LandBuildings2023-01-3113913243core:PlantMachinery2023-01-3113913243core:Vehicles2023-01-3113913243core:FurnitureFittings2023-01-3113913243core:OfficeEquipment2023-01-3113913243core:AfterOneYear2023-01-3113913243core:WithinOneYear2023-01-3113913243core:ListedExc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OUTDOOR LEARNING RESOURCES LTD

Registered Number
13913243
(England and Wales)

Unaudited Financial Statements for the Year ended
31 January 2024

OUTDOOR LEARNING RESOURCES LTD
Company Information
for the year from 1 February 2023 to 31 January 2024

Directors

FARR, Hannah
THORNTON WOOD, Anne Margaret

Registered Address

Tregaron
Ledbury Road
Ross-On-Wye
HR9 7BG

Registered Number

13913243 (England and Wales)
OUTDOOR LEARNING RESOURCES LTD
Balance Sheet as at
31 January 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets31,096308
1,096308
Current assets
Stocks420,04014,187
Debtors512,8392,672
Cash at bank and on hand18,17811,545
51,05728,404
Creditors amounts falling due within one year6(29,993)(20,565)
Net current assets (liabilities)21,0647,839
Total assets less current liabilities22,1608,147
Net assets22,1608,147
Capital and reserves
Called up share capital11
Profit and loss account22,1598,146
Shareholders' funds22,1608,147
The financial statements were approved and authorised for issue by the Board of Directors on 27 September 2024, and are signed on its behalf by:
THORNTON WOOD, Anne Margaret
Director
Registered Company No. 13913243
OUTDOOR LEARNING RESOURCES LTD
Notes to the Financial Statements
for the year ended 31 January 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Revenue from sale of goods
Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.
Current taxation
Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Straight line (years)
Plant and machinery5
Office Equipment5
Stocks and work in progress
Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss. Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.
2.Average number of employees

20242023
Average number of employees during the year11
3.Tangible fixed assets

Plant & machinery

Office Equipment

Total

£££
Cost or valuation
At 01 February 23450-450
Additions-958958
At 31 January 244509581,408
Depreciation and impairment
At 01 February 23142-142
Charge for year9080170
At 31 January 2423280312
Net book value
At 31 January 242188781,096
At 31 January 23308-308
4.Stocks

2024

2023

££
Finished goods20,04014,187
Total20,04014,187
5.Debtors: amounts due within one year

2024

2023

££
Trade debtors / trade receivables12,8392,672
Total12,8392,672
6.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables3,7482,826
Taxation and social security5,4033,768
Other creditors20,34113,971
Accrued liabilities and deferred income501-
Total29,99320,565