SESCA Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—4

1. General Information

SESCA Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03930836 . The registered office is Suite 2B Chart House , Effingham Road , Reigate , RH2 7JN.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Turnover

Turnover represents the net invoiced value, excluding value added tax, of services provided during the year. Income for deferred flexi tickets is taken to the profit and loss account when a delegate attends a booked course or receives course notes in lieu of attendance. Any flexi ticket unused at its expiry date is taken to the profit and loss account at that point. Flexi ticket bookings for a future accounting period are treated as deferred income in note 6.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% on a straight line basis
Fixtures & Fittings	25% on a straight line basis

2.4. Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 5 (2024: 5)

4. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Total
	£	£	£
Cost
As at 1 January 2025	93,854	185	94,039
Additions	1,988	-	1,988
Disposals	(82,257 )	-	(82,257 )

As at 31 December 2025	13,585	185	13,770

Depreciation
As at 1 January 2025	88,574	185	88,759
Provided during the period	1,436	1,026	2,462
Disposals	(82,257 )	-	(82,257 )

As at 31 December 2025	7,753	1,211	8,964

...CONTINUED

Page 2

Page 3

SESCA Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

Net Book Value
As at 31 December 2025	5,832	(1,026 )	4,806

As at 1 January 2025	5,280	-	5,280

5. Debtors

	2025	2024 as restated
	£	£
Due within one year
Trade debtors	68,688	70,929
Other debtors	53,955	64,380

	122,643	135,309

6. Creditors: Amounts Falling Due Within One Year

	2025	2024 as restated
	£	£
Trade creditors	3,641	3,369
Other creditors	192,619	229,730
Taxation and social security	36,590	47,605

	232,850	280,704

Other creditors includes deferred income of £158,352 (2024 - £171,573). This relates to flexi ticket bookings for a future accounting period.

7. Share Capital

	2025	2024 as restated
	£	£
Allotted, Called up and fully paid	25,000	25,000

8. Directors Advances, Credits and Guarantees

The Company hereby agrees to indemnify and hold harmless the Directors and Officers of the Company against any and

all claims, liabilities, losses, and expenses (including legal fees) arising out of or in connection with the performance of

their duties to the fullest extent permitted by law.

9. Related Party Transactions

South Eastern Society of Chartered Accountants Limited - parent company

Payment of £5,000 (2024 - £5,000) relating to management charges during the year.

Aspiring Training Limited - Alexandra Durrant is a director

Payment of £14,175 (2024 - £13,563) during the year for presenting courses.

Payment of £4,169 (2024 - £3,850) for assistance with preparing management accounts and year end financial

statements.

10. Ultimate Parent Undertaking and Controlling Party

The parent company is South Eastern Society of Chartered Accountants Limited a company limited by guarantee. It is one of the district societies of The Institute of Chartered Accountants in England and Wales. The registered office is Suite 2B Chart House, Effingham Road, Reigate, Surrey, RH2 7JN.

Page 3

Page 4

SESCA Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

11. Financial commitments, guarantees and contingent liabilities

The company has future lease commitments totalling £190,000 (2024 - £33,000) under a non cancellable five year operating lease relating the company' s offices. The annual rent commitment is £40,000.

The company has future commitments in 2026 for venue hire of £44,188 (2024 - £33,049) and £304,956 (2024 - £279,119) for lecturers fees.

12. Audit Information

The auditor's report on the accounts of SESCA Limited for the year ended 31 December 2025 was unqualified.

The auditor's report was signed by Daniel Sallows FCA (Senior Statutory Auditor) for and on behalf of GMP Audit Limited , Statutory Auditor.

GMP Audit Limited

82 High Street

Tenterden

Kent

TN30 6DG

Page 4

		2025		2024 as restated
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		4,806		5,280

			4,806		5,280
CURRENT ASSETS
Debtors	5	122,643		135,309
Cash at bank and in hand		732,252		718,278

		854,895		853,587
Creditors: Amounts Falling Due Within One Year	6	(232,850 )		(280,704 )

NET CURRENT ASSETS (LIABILITIES)			622,045		572,883

TOTAL ASSETS LESS CURRENT LIABILITIES			626,851		578,163

NET ASSETS			626,851		578,163

CAPITAL AND RESERVES
Called up share capital	7		25,000		25,000
Profit and Loss Account			601,851		553,163

SHAREHOLDERS' FUNDS			626,851		578,163

Mrs Alexandra Durrant Director	Mrs Amelia Morris Director
1 June 2026