Registered number: 0379575
Charity number: 107793
SHROPSHIRE EDUCATION AND CONFERENCE CENTRE
(A company limited by guarantee)
UNAUDITED
TRUSTEES' REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
*y WR
* Partners
Protecting your future.

SHROPSHIRE EDUCATION AND CONFERENCE CENTRE
(A company limited by guarantee)
CONTENTS
Reference and administrative details of the Charitable Company, its Trustees and
advisers
Trustees' report
Independent examiner's report
Statement of financial activities
Balance sheet
Notes to the financial statements
Page
1
2-7
8-9
10
11 - 12
13 - 22

SHROPSHIRE EDUCATION AND CONFERENCE CENTRE
(A company limited by guarantee)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITABLE COMPANY, ITS TRUSTEES AND
ADVISERS
FOR THE YEAR ENDED 31 MARCH 2025
Trustees
Company registered
number
Charity registered
number
Registered office
Company secretary
Accountants
Bankers
Solicitors
Mr T M Parsons, Chair
Mr M Bowering
Dr J Butterworth
M Holyoake
R Jenkins
Dr K Jones
Dr C McDermott
Dr J Rowlands
Dr K Srinivasan
03795755
1077935
Shropshire Education and Conference Centre
Royal Shrewsbury Hospital
Mytton Oak Road
Shrewsbury
Shropshire
SY3 8XQ
P Lewis
WR Partners
Chartered Accountants
Belmont House
Shrewsbury Business Park
Shrewsbury
Shropshire
SY2 6LG
Lloyds TSB
1 Pride Hill
shrewsbur
Y1 1D(
Hatchers Solicitors
Welsh Bridge House
Shrewsbury
SY3 8LG
Page 1

SHROPSHIRE EDUCATION AND CONFERENCE CENTRE
(A company limited by guarantee)
TRUSTEES' REPORT
FOR THE YEAR ENDED 31 MARCH 2025
The Trustees present their annual report together with the financial statements of the Charitable Company for
the period from 1 April 2024 to 31 March 2025. The Annual report serves the purposes of both a Trustees' report
and a directors' report under company law. The Trustees confirm that the Annual report and financial statements
of the charitable company comply with the current statutory requirements, the requirements of the charitable
company's governing document and the provisions of the Statement of Recommended Practice (SORP)
applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in
the UK and Republic of Ireland (FRS102) (effective 1 January 2019).
Since the Charitable Company qualifies as small under section 382 of the Companies Act 2006, the Strategic
report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors'
Report) Regulations 2013 has been omitted.
Objectives and activities
a. Policies and objectives
The objects are the promotion and advancement of education and particularly but not exclusively in the subjects
of science and medicine and all matters relating to the progress and development of all branches of medicine
and surgery.
The charity addresses these objectives by providing and maintaining a building which includes appropriate
teaching, training and conferencing facilities with supporting AV and IT services.
The charity is based within the grounds of Shrewsbury Hospital and is used by Shrewsbury and Telford Hospital
Trust (SaTH) and Keele University, particularly in providing services for the SaTH and Keele medical students.
In setting objectives and planning for activities, the Trustees have given due consideration to general guidance
published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a
charity (PB2).
b. Activities undertaken to achieve objectives
The Charity is a not for profit organisation and needs only to raise sufficient income to enable the Centre to
function on an annual basis. Therefore funds are used to meet the cost of staff; maintain the fabric of the Centre
maintain the furniture and fittings in the Centre; meet the cost of the infrastructure providing heat, light and water
Where there is surplus the Trustees have authorised the necessary expenditure to invest in upgrading the AV
and IT equipment that ensures that the Centre is able to provide state of the art educational and conferencing
facilities.
Having considered the Charity Commission's revised guidance on public benefit and charging for facilities, the
Page 2

SHROPSHIRE EDUCATION AND CONFERENCE CENTRE
(A company limited by guarantee)
TRUSTEES' REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Achievements and performance
a. Review of activities
During the 2024-2025 financial year, occupancy rates at SECC declined due to increased competition from a
The Charity's core pledge is to facilitate and support Postgraduate Medical Education, which remains a
prominent and growing focus at the Centre. As this aspect continues to expand, priority is given to postgraduate
educational needs, further limiting room availability for paying clients. Despite the increased use of rooms for
postgraduate education, funding to subsidise this growth has not increased since SECC's inception.
Internal NHS usage of SECC facilities is determined by individual hospital departments' budget allowances and
whether room hire is financially viable for them. In alignment with our charitable mission, SECC has adapted
during this period to accommodate the clinical departments of Advanced Clinical Practitioners and Clinical Skills
Facilitators, both of which support postgraduate education and training
Employment
SECC currently funds one full-time post (37.5 hours), one part time post (22.5 hours). Outside SECC's
contribution, the rest of staff funding is provided by Post Graduate Medical Education of where operationally,
SECC has lost 1 x full-time receptionist Administrator and 1 x part-time Centre assistant
Letting Income
For this financial period, the Charity's main income generator is via SaTH internal clients who have decreased
due to competition and budgetary restrictions. Post Coronavirus has seen a decline in external client bookings
possibly due to faltering economic climate, Brexit and availability of improved digital platforms for remote
communications. Income is further raised through the renting out of offices within SECC for certain SaTH
departments. This income has stayed the same since SECC's early inception.
Building and land maintenance
All general building maintenance and servicing is up to date and on-going. We address ad hoc requirements
through a process of necessity and justification, and are financially achievable.
b. Investment policy and performance
To date funds have been required to provide working capital only and therefore liquidity has taken priority over
Page 3

SHROPSHIRE EDUCATION AND CONFERENCE CENTRE
(A company limited by guarantee)
TRUSTEES' REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Financial review
a. Going concern
After making appropriate enquiries, the Trustees have a strong expectation that the Charitable Company has
adequate resources to continue in operational existence for the foreseeable future. For this reason, the
adoption to the got the grier bases can be round in the he fiting ial satements. Further details regarding the
b. Reserves policy
The Trustees' reserves policy is to ensure that there are sufficient funds to cover the cost of running the Charity
for one year without income so that it can continue to provide appropriate services to those using the facilities
provided within the Centre. In order to cover any long term risk the Trustees require a year's average
expenditure to be held in reserve.
The restricted funds are in relation to the construction of the Centre.
Free reserves stand at £332,708 (2024: £386,149), calculated as the unrestricted funds, less the tangible fixed
assets. Total funds stand at £1,993,830 (2024: £2, 101,492).
Structure, governance and management
a. Constitution
Shropshire Education and Conference Centre is registered as a charitable company limited by guarantee and
was set up by a Memorandum of Association on 24 June 1999. The charitable company is registered in England
and Wales.
Page 4

SHROPSHIRE EDUCATION AND CONFERENCE CENTRE
(A company limited by guarantee)
TRUSTEES' REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Structure, governance and management (continued)
b. Methods of appointment or election of Trustees
The number of Trustees shall be not less than 3 but shall not be subject to any maximum.
The provisions for appointment of Trustees, as set out in the Memorandum and Articles of Association state that
no person shall be appointed a Trustee unless either; they are recommended by the Trustees; not less than 14
nor more than 35 clear days before the date of appointment for the general meeting, notice executed by a
member qualified to vote at the general meeting has been given to the Charity of the intention to propose that
person or appointment, together with notice executed by that person of his willingness to be appointed.
Procedures have been set up to achieve the above provisions by directing that proposals for new appointments
should be by recommendation from existing Board members. The aim is to attract a diversity of skill mix within
the Board, particularly ensuring that the main beneficiary groups are represented. The Board should include
members with an understanding of health training needs and delivery, together with a knowledge of how health
education is delivered and funded in the immediate locality of the Centre. In addition board members from the
local and business communities are encouraged to join the Board to widen the skill base of the Board and to
extend awareness of the Charity's activities in the locality. Trustees are encouraged to attend the Centre where
the staff and manager explain the management and operation of the Charity and to attend ongoing training
following their induction.
The Board of Trustees compromises a range of professionals from different fields to ensure that the Charity can
fulfil its objectives as effectively as possible. The process of recruiting Trustees is designed to maintain the
range of professional knowledge and skills within the board of Trustees on an ongoing basis.
A formal induction process is being implemented to assist new Trustees in fully understanding the workings of
the Charity, including policies and procedures, at a briefing by the Chairman. New Trustees are also provided
with training material and attend courses, including specialist courses, appropriate to their role
c. Organisational structure and decision-making policies
The management of the Charity is ultimately the responsibility of the Trustees who are Directors for the purpose
of company law and Trustees for the purpose of charity law.
A list of the Trustees who served during the year and up to the date of this report is shown on page 1.
The board of Trustees meets half yearly together with a quarterly financial update from the Facilities Manager
and is responsible for the direction of the Charity and its policy making. Extra Trustees' meetings are arranged
on an "in case of need" basis.
The day to day running of the Charity is the responsibility of the Facilities Manager who works at the direction of
the Company Secretary who is also a Trustee with full voting rights.
The Secretary and the Facilities Manager meet weekly
Page 5

SHROPSHIRE EDUCATION AND CONFERENCE CENTRE
(A company limited by guarantee)
TRUSTEES' REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Structure, governance and management (continued)
d. Policies adopted for the induction and training of Trustees
Persons nominated for board membership are given a tour of the Centre's facilities and the aims and objectives
of the charity are explained to them. They are asked to attend a Board meeting, on a non participatory basis, to
help them to gain an understanding of the charity's activities and to evaluate whether they wish their Board
nomination to go ahead. Checks are carried out as to their suitability and eligibility to serve as trustees. Proposed
new trustees are asked to sign an undertaking their willingness to be appointed and confirming their eligibility for
appointment.
Once they have been elected to the Board they are given an induction pack, which provides information on the
charity and also guidance on trustees
responsibilities, including the Charity Commission leaflet "Essential
Trustee"
e. Financial risk management
The Trustees recognise their responsibility to review, assess and monitor potential risks to the Charity and to put
in place measures to manage those risks.
There is a robust method of financial controls based upon the Facility Manager acting as the book keeper under
the overall supervision of the Secretary. The accounts are submitted annually to the Charity's accountants who
carry out an Independent Examination.
The Trustees regard the principal risk to be the financial structure of the Charity.
The Trustees are given an Income and Expenditure summary quarterly and this early warning enables the
Trustees to carry out their supervisory function and deal with any financial issues promptly.
Plans for future periods
As ever, the provision of quality equipment and technology to service client needs within strict financial
boundaries is business critical. Here again, the regular maintenance and upgrading of equipment / technology is
a high USP for the company. Integrating educational modalities across the catchment areas is important as well
as obtaining compliance levels and safety certificates associated with building services and equipment.
The Charity plans to continue its program of cost control whilst still making adequate funds available to support
the marketing activities necessary to ensure that the income streams available are developed to their full
potential.
The Building Management System (BMS) is coming to the end of its life continuum within 12 months
approximately and the Facilities Manager with BMS Service Delivery experts have reviewed requirements which
has resulted in a 3-5 year plan to spread the costs which will be continually reviewed and will only be agreed if
necessary. The facilities Manager will work more closely with BMS service provider as he feels that the service
has not previously been maximised for the benefit of The Charity and SECC. This will in turn provide much
improved diagnostics to monitor and identify energy inputs and outputs. The Charities Facilities Manager will
continue to seek value for money and quality service provision from providers that continue to enhance the
Centre's performance and service standards.
Page 6

SHROPSHIRE EDUCATION AND CONFERENCE CENTRE
(A company limited by guarantee)
TRUSTEES' REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Statement of Trustees' responsibilities
including its income and expenditure, for that period. In preparing these financial statements, the Trustees are
select suitable accounting policies and then apply them consistently;
observe the methods and principles of the Charities SORP (FRS 102);
make judgments and accounting estimates that are reasonable and prudent;
state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any mate: a
departures disclosed and explained in the financial statements;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the
Charitable Company will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explai!
the Charitable Company's transactions and disclose with reasonable accuracy at any time the financial position
of the Charitable Company and enable them to ensure that the financial statements comply with the Contaries
Act 2006. They are also responsible for safeguarding the assets of the Charitable Company and hence for isking
reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by order of the members of the board of Trustees and signed on their behalf by:
TM Parsons
(Chair of Trustees)
Date: 10/12/25
Fage

SHROPSHIRE EDUCATION AND CONFERENCE CENTRE
(A company limited by guarantee)
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 MARCH 2025
Independent examiner's report to the Trustees of Shropshire Education and Conference Centri
('the Charitable Company'
I report to the charity Trustees on my examination of the accounts of the Charitable Company for the year ended
31 March 2025.
Responsibilities and basis of report
As the Trustees of the Charitable Company (and its directors for the purposes of company law) you ar
responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 200€
('the 2006 Act').
Having satisfied myself that the accounts of the Charitable Company are not required to be audited under Part
16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the
Charitable Company's accounts carried out under section 145 of the Charities Act 2011 (the 2011 Act). In
carrying out my examination I have followed the Directions given by the Charity Commission under section
145(5)(b) of the 2011 Act.
Page 8

SHROPSHIRE EDUCATION AND CONFERENCE CENTRE
(A company limited by guarantee)
INDEPENDENT EXAMINER'S REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the
examination giving me cause to believe:
1.
2.
3.
4.
accounting records were not kept in respect of the Charitable Company as required by section 386 of the
2006 Act; or
the accounts do not accord with those records; or
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than
any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of
an independent examination; or
the accounts have not been prepared in accordance with the methods and principles of the Statement of
Recommended Practice for accounting and reporting by charities.
I have no concerns
and have come across no other matters in connection with the examination to which
attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
This report is made solely to the Charitable Company's Trustees, as a body, in accordance with Part 4 of the
Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the
Charitable Company's Trustees those matters I am required to state to them in an Independent examiner's
report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to
anyone other than the Charitable Company and the Charitable Company's Trustees as a body, for my work or for
this report.
fare Tweedie
Signed:
SJ Tweedie
WR Partners
Chartered Accountants
Belmont House
Shrewsbury Business Park
Shrewsbury
Dated: 11 December 2025
BSc FCA DChA
Page 9

SHROPSHIRE EDUCATION AND CONFERENCE CENTRE
(A company limited by guarantee)
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 MARCH 2025
Income from:
Charitable activities
Investments
Total income
Expenditure on:
Charitable activities
Total expenditure
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Net movement in funds
Total funds carried forward
Note
Unrestricted
funds
2025
€
3
4
5
183,651
1,810
185,461
242,390
242,390
(56,929)
621,067
(56,929)
564,138
Restricted
funds
2025
:
50,733
50,733
(50,733)
1,480,425
(50,733)
1,429,692
The Statement of financial activities includes all gains and losses recognised in the year.
The notes on pages 13 to 22 form part of these financial statements.
Total
funds
2025
Total
funds
2024
183,651
1,810
185,461
293,123
293,123
(107,662)
2,101,492
(107,662)
1,993,830
289,040
1,079
290,119
293,677
293,677
(3,558)
2,105,050
(3,558)
2,101,492
Page 10

SHROPSHIRE EDUCATION AND CONFERENCE CENTRE
(A company limited by guarantee)
REGISTERED NUMBER: 03795755
BALANCE SHEET
AS AT 31 MARCH 2025
Fixed assets
Tangible assets
Current assets
Debtors
Cash at bank and in hand
Current liabilities
Creditors: amounts falling due within one
year
Net current assets
Total assets less current liabilities
Total net assets
Note
10
2025
1,656,925
1,656,925
11
35,482
334,200
369,682
35,685
390,833
426,518
12
(32,777)
(36,173)
336,905
1,993,830
1,993,830
2024
1,711,147
1,711,147
390,345
2,101,492
2,101,492
Page 11

SHROPSHIRE EDUCATION AND CONFERENCE CENTRE
(A company limited by guarantee
REGISTERED NUMBER: 03795754
и данки
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2025
Note
2025
2021
Charity Funds
Restricted funds
Unrestricted funds
13
13
Total funds
1,429,692
564,138
1,993,830
1,48C 425
621 067
2,101 192
The Charitable Company was entitled to exemption from audit under section 477 of the Companies Act 2006
The members have not required the company to obtain an audit for the year in question in accordance with
section 476 of Companies Act 2006.
The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to
accounting records and preparation of financial statements.
The financial statements have been prepared in accordance with the provisions applicable to entities subject to
the small companies regime.
The financial statements were approved and authorised for issue by the Trustees and signed on their benaf by:
.....4..
Mr T M Parsons
(Chair of Trustees)
Date:
10/12/25
The notes on pages 13 to 22 form part of these financial statements.
Page 12

SHROPSHIRE EDUCATION AND CONFERENCE CENTRE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
1.
2.
General information
Shropshire Education and Conference Centre is a charitable company limited by guarantee, and was set
up by a Memorandum of Association on 24 June 1999.
Accounting policies
2.1 Basis of preparation of financial statements
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) -
Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Shropshire Education and Conference Centre meets the definition of a public benefit entity under
FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless
otherwise stated in the relevant accounting policy.
2.2 Going concern
After making enquiries, the rustees have a reasonable expectation that the Charity has adequate
resources to
continue in operational existence for the foreseeable future. The Charity therefore
continues to adopt the going concern basis in preparing its financial statements.
2.3 Income
All income is recognised once the Charitable Company has entitlement to the income, it is probable
that the income will be received and the amount of income receivable can be measured reliably.
Income tax recoverable in relation to investment income is recognised at the time the investment
income is receivable.
Other income is recognised in the period in which it is receivable and to the extent the goods have
been provided or on completion of the service.
2.4 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit
to a third party, it is probable that a transfer of economic benefits will be required in settlement and
the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs
of each activity are made up of the total of direct costs and shared costs, including support costs
involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly
to that activity. Shared costs which contribute to more than one activity and support costs which are
not attributable to a single activity are apportioned between those activities on a basis consistent with
the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation
charges allocated on the portion of the asset's use.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the
Charitable Company's objectives, as well as any associated support costs.
All expenditure is inclusive of irrecoverable VAT.
Page 13

2.
SHROPSHIRE EDUCATION AND CONFERENCE CENTRE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies (continued)
2.5 Tangible fixed assets and depreciation
Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible
fixed assets are measured at cost less accumulated depreciation and any accumulated impairment
losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be
included in the measurement of cost.
Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value
over their estimated useful lives, using the straight-line method.
Depreciation is provided on the following bases:
Buildings
- Straight line over 50 years
Fixtures and fittings
- Plant - straight line over 15 years
- Kitchen equipmet - straight line over 10 years
- VC equipment - straight line over 5 years
Computer equipment
- Straight line over 3 years
2.6 Debtors
Trade and other debtors are recognised at the settlement amount after any trade discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
2.7 Cash at bank and in hand
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity
of three months or less from the date of acquisition or opening of the deposit or similar account.
2.8 Liabilities and provisions
Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past
event, it is probable that a transfer of economic benefit will be required in settlement, and the amount
of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the Charitable Company anticipates it will pay to settle
the debt or the amount it has received as advanced payments for the goods or services it must
Provisions are measured at the best estimate of the amounts required to settle the obligation. Where
the effect of the time value of money is material, the provision is based on the present value of those
amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The
unwinding of the discount is recognised in the Statement of financial activities as a finance cost.
2.9 Financial instruments
The Charitable Company only has financial assets and financial liabilities of a kind that qualify as
basic financial instruments. Basic financial instruments are initially recognised at transaction value
and subsequently measured at their settlement value with the exception of bank loans which are
subsequently measured at amortised cost using the effective interest method.
Page 14

2.
3.
4.
SHROPSHIRE EDUCATION AND CONFERENCE CENTRE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies (continued)
2.10 Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees it
furtherance of the general objectives of the Charitable Company and which have not beer
designated for other purposes.
restricted fund is set out in the notes to the financial statements.
Investment income, gains and losses are allocated to the appropriate fund
Income from charitable activities
External Lettings
Internal Lettings
Office Accomodation
Madel Recharge
Drugs Rep Income
Total 2024
Unrestricted
funds
2025
€
7,784
102,876
46,644
24,451
1,896
183,651
289,040
Total
funds
2025
7,784
102,876
46,644
24,451
1,896
183,651
289,040
Total
funds
2024
10,712
206,084
46,644
24,451
1,149
289,040
Investment income
Interest received
Total 2024
Unrestricted
funds
2025
€
1,810
1,079
Total
funds
2025
1,810
1,079
Total
funds
2024
1,079
Page 15

5.
6.
SHROPSHIRE EDUCATION AND CONFERENCE CENTRE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Analysis of expenditure on charitable activities
Summary by fund type
Cost of activities
Total 2024
Unrestricted
funds
2025
242,390
242,945
Restricted
funds
2025
50,733
50,732
Total
2025
293,123
293,677
Analysis of expenditure by activities
Charitable activities
Total 2024
Activities
undertaken
directly
2025
€
293,123
293,677
Total
funds
2025
€
293,123
293,677
Total
2024
€
293,677
Total
funds
2024
293,677
Page 16

7.
SHROPSHIRE EDUCATION AND CONFERENCE CENTRE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Analysis of expenditure by activities (continued)
Analysis of direct costs
Staff costs
Depreciation
Catering
Miscellaneous and general expenses
Licenses
Gifts & Entertainment
Rent, rates and water
Equipment hire
IT support
Insurance
Light and heat
Printing, stationery, software and telephone
Maintenance
Cleaning
Premises expenses
Bank charges
Governance costs
Total 2024
External
Lettings
2025
€
71,013
63,962
5,734
3,136
35
133
17,415
60
43
15,319
40,038
3,979
19,242
24,954
15,485
381
12,194
293,123
293,677
Total
funds
2025
€
71,013
63,962
5,734
3,136
35
133
17,415
60
43
15,319
40,038
3,979
19,242
24,954
15,485
381
12,194
293,123
293,677
Total
funds
2024
61,468
65,859
6,466
2,452
735
1,232
25,532
410
72
14,008
53,551
5,053
7,609
23,937
15,530
373
9,390
293,677
Independent examiner's remuneration
The independent examiner's remuneration amounts to an independent examiner fee of £3,925 (2024 -
£3,600).
Page 17

8.
9.
SHROPSHIRE EDUCATION AND CONFERENCE CENTRE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Staff costs
Wages and salaries
The average number of persons employed by the Charitable Company during the year was as follows:
2025
71,013
71,013
2025
No.
2
2024
61,468
61,468
2024
No.
2
Employees
No employee received remuneration amounting to more than £60,000 in either year.
The Charitable Company does not employ any employees directly.
The Facilities Manager and Janitor
are paid by the NHS and their salaries are recharged monthly to the Charitable Company.
Key management personnel received remuneration of £58,691 (2024 £47,498) during the year. No
benefits were received.
Trustees' remuneration and expenses
During the year, no Trustees received any remuneration or other benefits (2024 - ENIL).
During the year ended 31 March 2025, no Trustee expenses have been incurred (2024 - ENIL).
Page 18

SHROPSHIRE EDUCATION AND CONFERENCE CENTRE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
10. Tangible fixed assets
Cost or valuation
At 1 April 2024
Additions
At 31 March 2025
Depreciation
At 1 April 2024
Charge for the year
At 31 March 2025
Net book value
At 31 March 2025
At 31 March 2024
Freehold Fixtures and
property
fittings
2,764,548
2,764,548
391,834
9,740
401,574
Computer
equipment
56,270
-
56,270
1,092,682
52,169
1,144,851
354,945
10,505
365,450
53,878
1,288
55,166
1,619,697
1,671,866
36,124
36,889
1,104
2,392
11. Debtors
Due within one year
Trade debtors
Other debtors
Prepayments
2026
8,499
4,141
22,842
35,482
Total
€
3,212,652
9,740
3,222,392
1,501,505
63,962
1,565,467
1,656,925
1,711,147
2024
23,889
11.796
35,685
Page 19

SHROPSHIRE EDUCATION AND CONFERENCE CENTRE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
12. Creditors: Amounts falling due within one year
Trade creditors
Other taxation and social security
Accruals and deferred income
2025
19,627
-
13,150
32,777
13.
Statement of funds
Statement of funds - current year
Balance at 1
April 2024
621,067
Income Expenditure
185,461
(242,390)
Unrestricted funds
General Funds
Restricted funds
Restricted building and fixtures and fittings
Vaccination Hub Reinstatement
Total of funds
1,476,228
4,197
1,480,425
2,101,492
:
185,461
(50,733)
-
(50,733)
(293,123)
2024
15,022
5,875
15,276
36,173
Balance at
31 March
2025
564,138
1,425,495
4,197
1,429,692
1,993,830
Page 20

SHROPSHIRE EDUCATION AND CONFERENCE CENTRE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
13.
Statement of funds (continued)
The restricted funds include the Education and Conference Centre building and some of the relater
fixtures and fittings, and a fund relating to the funds received for reinstatement of the Vaccination Huk
flooring,
Statement of funds - prior year
Unrestricted funds
General Funds
Balance at
1 April 2023
573,893
Income Expenditure
290,119
(242,945)
Balance at
31 March
2024
621,067
Restricted funds
Restricted building and fixtures and fittings
Vaccination Hub Reinstatement
1,526,961
4,196
1,531,157
:
-
(50,732)
(50,732)
1,476,229
4,196
1,480,425
Total of funds
2,105,050
290,119
(293,677)
2,101,492
14.
Analysis of net assets between funds
Analysis of net assets between funds - current year
Tangible fixed assets
Current assets
Creditors due within one year
Total
Unrestricted
funds
2025
231,430
365,485
(32,777)
564,138
Restricted
funds
2025
1,425,495
4,197
-
1,429,692
Total
funds
2025
1,656,925
369,682
(32,777)
1,993,830
Page 21

SHROPSHIRE EDUCATION AND CONFERENCE CENTRE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
14. Analysis of net assets between funds (continued)
Analysis of net assets between funds - prior year
Tangible fixed assets
Current assets
Creditors due within one year
Total
Unrestricted
funds
2024
234,918
422,322
(36,173)
621,067
Restricted
funds
2024
1,476,229
4,196
-
1,480,425
Total
funds
2024
1,711,147
426,518
(36,173)
2,101,492
15.
Related party transactions
During the year there were the following related party transactions with Shrewsbury and Telford Hospital
Trust (SaTH): expenditure of £86,940 (2024: £75, 185), and income of £167,086 (2024: £273,553). At the
end of the financial year, SaTH owed Shropshire Education and Conference Centre £6,685 (2024:
The Charity is based within the grounds of Shrewsbury Hospital (part of SaTH) and has a relationshir
with them whereby some servies are provided by SaTH and recharged to the Charity. SaTH also pay the
Charity for the use of their premises and services.
Page 22