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REGISTERED NUMBER: 03411472 (England and Wales)

| THE LANCASHIRE COLLEGES LIMITED |

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 JULY 2025 |

THE LANCASHIRE COLLEGES LIMITED (REGISTERED NUMBER: 03411472) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| THE LANCASHIRE COLLEGES LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 JULY 2025

| DIRECTORS: | Mr N Burnham

| Dr F Dad

| Mr P W Johnson

| Ms C E Russell

| Ms L M O'Loughlin

| Mr D Braithwaite

| Mr A Francis

| Mr S R Nixon

| Ms N J Craven

| REGISTERED OFFICE: | c/o Preston College

| St Vincent's Road

| Fulwood

| Preston

| Lancashire

| PR2 8UR

| REGISTERED NUMBER: | 03411472 (England and Wales)

| ACCOUNTANTS: | Rushtons

| Chartered Accountants

| Shorrock House

| 1 Faraday Court

| Fulwood

| Preston

| Lancashire

| PR2 9NB

THE LANCASHIRE COLLEGES LIMITED (REGISTERED NUMBER: 03411472) |

BALANCE SHEET

31 JULY 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | - |  | 134 |  |

CURRENT ASSETS

Debtors | 5 | 4,324 |  | 38,771 |  |

Cash at bank | 450,273 |  | 455,241 |  |

454,597 |  | 494,012 |  |

CREDITORS

Amounts falling due within one year | 6 | 23,994 |  | 8,021 |  |

NET CURRENT ASSETS | 430,603 |  | 485,991 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 430,603 |  | 486,125 |  |

RESERVES

Income and expenditure account | 430,603 |  | 486,125 |  |

430,603 |  | 486,125 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

THE LANCASHIRE COLLEGES LIMITED (REGISTERED NUMBER: 03411472) |

BALANCE SHEET - continued

31 JULY 2025

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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 March 2026 and were signed on its behalf by:

Mr P W Johnson - Director

THE LANCASHIRE COLLEGES LIMITED (REGISTERED NUMBER: 03411472) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

1. | STATUTORY INFORMATION

| The Lancashire Colleges Limited 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 prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

| Income and expenditure

| Income is included in the financial statements as it becomes receivable.

| Expenses include VAT where applicable as the company cannot reclaim it.

| Tangible fixed assets

| Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

| Depreciation is recognised as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

| Computer Equipment - 33% straight line

| The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to surplus or deficit.

| Taxation

| Taxation for the year relates to current. 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.

| The company meets the definition of a mutual trading company and any surplus from mutual trading is not liable for corporation tax. Any income which does not fall under the definition of mutual trading is subject to corporation tax.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 3 (2024 - 4 ) .

THE LANCASHIRE COLLEGES LIMITED (REGISTERED NUMBER: 03411472) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 JULY 2025

4. | TANGIBLE FIXED ASSETS

| Computer

| equipment

£ |

| COST

| At 1 August 2024

| and 31 July 2025 | 1,520 |  |

| DEPRECIATION

| At 1 August 2024 | 1,386 |  |

| Charge for year | 134 |  |

| At 31 July 2025 | 1,520 |  |

| NET BOOK VALUE

| At 31 July 2025 | - |  |

| At 31 July 2024 | 134 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Other debtors | 2,708 |  | 36,991 |  |

| Prepayments and accrued income | 1,616 |  | 1,780 |  |

4,324 |  | 38,771 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Tax | 1,126 |  | 1,151 |  |

| Social security and other taxes | 95 |  | 1,431 |  |

| Pensions | 310 |  | 2,401 |  |

| Accruals and deferred income | 22,463 |  | 3,038 |  |

23,994 |  | 8,021 |  |

7. | MEMBERS' LIABILITY

| The company is limited by guarantee, not having a share capital and consequently the liability of members is limited, subject to an undertaking by each member to contribute to the net assets or liabilities of the company on winding up such amounts as may be required.