REGISTERED NUMBER: 05059011 (England and Wales)

Financial Statements

for the Year Ended 31 March 2025

for

VSC Plus Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Ms L A Butler

Mrs J Parfrement

SECRETARY:

D S Tilbrook

REGISTERED OFFICE:

Dalton Place

29 John Dalton Street

Manchester

Greater Manchester

M2 6FW

REGISTERED NUMBER:

05059011 (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

Intangible assets

4

10,000

-

CURRENT ASSETS

Debtors

5

561,745

445,306

Cash at bank and in hand

372,641

521,441

934,386

966,747

CREDITORS

Amounts falling due within one year

6

(566,536

)

(557,562

)

NET CURRENT ASSETS

367,850

409,185

TOTAL ASSETS LESS CURRENT LIABILITIES

377,850

409,185

CAPITAL AND RESERVES

Called up share capital

7

1

1

Retained earnings

377,849

409,184

SHAREHOLDERS' FUNDS

377,850

409,185

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 11 December 2025 and were signed on its behalf by:

Mrs J Parfrement - Director

1.	STATUTORY INFORMATION

VSC Plus Limited is a private company, limited by shares , 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, rounded to the nearest £1.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of three years.

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 tax 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

Additions

15,000

At 31 March 2025

15,000

AMORTISATION

Charge for year

5,000

At 31 March 2025

5,000

NET BOOK VALUE

At 31 March 2025

10,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

334,043

389,086

Other debtors

227,702

56,220

561,745

445,306

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

219,736

100,801

Amounts owed to group undertakings

204,192

177,104

Taxation and social security

86,995

120,598

Other creditors

55,613

159,059

566,536

557,562

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

1

Ordinary £1

1

1

1

8.	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

9.	RELATED PARTY DISCLOSURES

As at 31 March 2025, the company owed £204,192 (2024 - £177,104) to The Staff College, the company's ultimate parent undertaking, in respect of an interest free loan which is repayable on demand. All transactions during the year were arms length transactions.

10.	ULTIMATE CONTROLLING PARTY

VSC Plus Ltd is a wholly owned subsidiary of The Staff College Ltd, a private company limited by shares incorporated in England and Wales.