East Midlands Institute Of Technology

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 14176754

		2025		2024
	Notes	£	£	£	£
CURRENT ASSETS
Debtors	4	108,280		5,690
Cash at bank and in hand		101,229		90,281

		209,509		95,971
Creditors: Amounts Falling Due Within One Year	5	(78,527 )		(6,249 )

NET CURRENT ASSETS (LIABILITIES)			130,982		89,722

TOTAL ASSETS LESS CURRENT LIABILITIES			130,982		89,722

NET ASSETS			130,982		89,722

Income and Expenditure Account			130,982		89,722

MEMBERS' FUNDS			130,982		89,722

For the year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income and Expenditure Account.

On behalf of the board

Mr Martin Rigley OBE

Director

13/01/2026

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

East Midlands Institute Of Technology is a private company, limited by guarantee, incorporated in England & Wales, registered number 14176754 . The registered office is University Of Derby, Kedleston Road, Derby, DE22 1GB.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes income received from the four members.

The company recognises revenue when:

The amount of revenue can be reliably measured;

it is probable that future economic benefits will flow to the entity;

and specific criteria have been met for each of the company's activities.

2.3. Taxation

The company has adopted a Non-trading Status on the basis that its activities do not constitute a trade. This status means that the company should not be liable to tax on any surplus arising or be able to relieve any losses arising for tax purposes.

2.4. Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and all deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2024: 2)

4. Debtors

	2025	2024
	£	£
Due within one year
Prepayments and accrued income	97,734	1,023
VAT	10,546	4,667

	108,280	5,690

5. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Accruals and deferred income	78,527	6,249

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East Midlands Institute Of Technology

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

6. Related Party Transactions

University of Derby

During the year University of Derby contributed £41,667 to the running costs of East Midlands Institute of Technology.

Derby College Group

During the year Derby College Group contributed £41,667 to the running costs of East Midlands Institute of Technology. It also received Grant distributions from East Midlands Institute of Technology of £1,825,220.

Loughborough College

During the year Loughborough College contributed £41,667 to the running costs of East Midlands Institute of Technology. It also received Grant distributions from East Midlands Institute of Technology of £6,774,300.

Loughborough University

During the year Loughborough University contributed £41,667 to the running costs of East Midlands Institute of Technology.

7. Company limited by guarantee

The company is limited by guarantee and has no share capital.

Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.

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