REGISTERED NUMBER: 03691651 (England and Wales)

Financial Statements

for the Year Ended 31 March 2025

for

The Staff College

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs L Butler

Mrs D Hashmi

P C O'Hara

Mrs J Parfrement

Ms H E Brackenbury

Ms K E Golding

M Jarrett

Ms J Kelly

Ms P S Turner

Mrs A I Kingham

Mrs N Meehan

P Sesay

Mrs M G Christofi

SECRETARY:

D S Tilbrook

REGISTERED OFFICE:

Dalton Place

29 John Dalton Street

Manchester

Greater Manchester

M2 6FW

REGISTERED NUMBER:

03691651 (England and Wales)

AUDITORS:

DJH Audit Limited

Pacific Chambers

11-13 Victoria Street

Liverpool

L2 5QQ

SOLICITORS:

Knights

58 Nicholas Street

Chester

CH1 2NP

FIXED ASSETS

Tangible assets

4

-

-

Investments

5

1

1

1

1

CURRENT ASSETS

Debtors

6

246,824

223,279

Cash at bank and in hand

703,181

791,006

950,005

1,014,285

CREDITORS

Amounts falling due within one year

7

(20,683

)

(60,562

)

NET CURRENT ASSETS

929,322

953,723

TOTAL ASSETS LESS CURRENT LIABILITIES

929,323

953,724

RESERVES

Income and expenditure account

8

929,323

953,724

929,323

953,724

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 November 2025 and were signed on its behalf by:

Mrs J Parfrement - Director

1.	STATUTORY INFORMATION

The Staff College is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements are presented in sterling which is the functional currency of the company, rounded to the nearest £1.

Turnover

The total turnover of the company for the year has been derived from its principal activity wholly undertaken in the UK.Turnover consist of subscription income which is recognised on an accruals basis with subscriptions invoiced in advance for future accounting periods being carried forward as deferred income.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on cost

Taxation

Taxation for the year comprises current tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Turnover

The total turnover of the company for the year has been derived from its principal activity wholly undertaken in the UK.

Group accounts

The company is entitled to the exemption under Section 398 of the Companies Act 2006 from the obligation to prepare group accounts.

Investments

Fixed asset investments are stated at cost less provision for permanent diminution in value.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2024 - 26 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 April 2024

and 31 March 2025

3,283

DEPRECIATION

At 1 April 2024

and 31 March 2025

3,283

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2024

and 31 March 2025

1

NET BOOK VALUE

At 31 March 2025

1

At 31 March 2024

1

The company's investments at the Balance Sheet date in the share capital of companies include the following:

VSC Plus Limited

Registered office: England

Nature of business: Event management

%

Class of shares:

holding

Ordinary

100.00

31.3.25

31.3.24

£

£

Aggregate capital and reserves

340,730

409,185

Loss for the year

(68,455

)

(306,031

)

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

40,300

43,910

Amounts owed by group undertakings

204,192

177,104

Prepayments and accrued income

2,332

2,265

246,824

223,279

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

368

288

Tax

2,087

1,972

Social security and other taxes

15,716

15,099

Accruals and deferred income

2,512

43,203

20,683

60,562

8.

RESERVES

Income

and

expenditure

account

£

At 1 April 2024

953,724

Deficit for the year

(24,401

)

At 31 March 2025

929,323

9.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Michael Forshaw FCA (Senior Statutory Auditor)

for and on behalf of DJH Audit Limited

10.	RELATED PARTY DISCLOSURES

As at 31 March 2025 the company was owed £204,192 (2024 - £177,104) by VSC Plus Limited, its wholly owned subsidiary undertaking. The balance relates to an intercompany loan account which is interest free and repayable on demand. The transactions during the year were at arms length.

11.	ULTIMATE CONTROLLING PARTY

The company is under the control of its directors.

12.	LIMITED BY GUARANTEE

The company is a private company limited by guarantee and not having a share capital. The liability of every member of the company shall not exceed £1.