Loughview'Training Services Limited Statement of Finaneial ActjVLties for the Year EDded 31 March 2026 (IDcludillg Ineome and ExpeDditure Account and Statement of Total Reeognised Gains and Losses) Unrestricted funds Restrieted funds Total 2026 Note Income And Endowments frorn: Govcrnment grdnts Charitable activiues Invesmient income 264,304 (20} 386 49.943 314,247 120) 386 Total income 264,670 49,943 314,613 Expenditure on: Charitable activities 1252,238 (49,943) (302,181) Total expendirure 252,238 (49 943 302,181) Net income 12,432 12,432 Net movement ia TrdS 12,432 12,432 Reconciliation offunds Total funds brought forward Total funds carried fonvard 47,093 47,093 14 59,525 59,525 Total 2025 Unrestricted Restrieted Note Income frotn: Governrnent grants Charitable actLViti¢s tnvestment income 215,601 20 1.084 26,226 241.827 20 1,084 Total Income 216,705 26.226 242,931 Expenditure on: Ch8Titable activities (270.547 26,226 (296,773) Total Expenditure 270,547 (26.226) 296.773 Net expenditure Nei movement in fLwds 53.8.12) {53,842) (53.8,12) (53,842) RecoDciliation of funds Total fLuJds brought forward Total funds caled forward 100,935 100,935 14 47,093 47.093 All of the charity's activities derive from eontinuing operatioDS during the above two periods. The ndS breakdown is showTA in note 14. The notes on page5 8 to 15 fonn an iDtegral part of these fuwieial statemettts. Page 6
Loughview Training Services Limited (Registration number: IP000258} Balancc Sheet as At 31 March 2026 2026 2025 Note Fixed assets Tangible assets 1,995 660 Current a55¢ts Debtors Cash at bank and 10 14.432 50,873 16261 38,098 65,305 54.359 Creditors." Amounts falling due within one year 12 (7,763 (7,914 Net cllrrent assets 57,542 46,445 Net assets 59,537 47,105 Fund5 of the charity: Unrestricted income funds Called up share capital Unrestricted 13 12 59,525 12 47,093 Total unrestricted fund5 59,537 47,105 47,105 Total funds 14 59.537 We, os direetors of Loughvi¢w Training Services Limited, state that.. (a} the charitable company 15 availing itself of the exernption provided for by Chapter 15 of Part 6 of the Companies Aci 2014- (b) the charitabl¢ company is availing itself of the exemptson on the oUndS that the conditions specified in section 359 are satisfied. (cl notice under subse¢tion (l} of section 334 has, in accordance with subsection (2) of that section, be¢n served on the charitable cotnpany- (dl we acknowledge the charitable company's obligation5 uttder the Companies Act 2014 to keep adequate accounting records and prepare f]nancial statetnents which give a true and fair view of the assets, liabilities and financ&al position of the charitable cornpally at the end of its financial year and of it5 profit or loss for su¢h a year, and otherwise comply with the provisions of Companies Aci 2014 r¢lating to fittancial statements so far as they are applicable to the charitable cornpany. The financial statements pages 6 to 15 were approved by the bustees, and authorised for issue on 18 August 2026 and sign¢d on their behalf by-. Mr R Finlay Chairnian and Trustee The notes on pages 8 to 15 forni an integral part of these firiancial Stsietnents. Page 7
Loughview Training Servites Limited Note5 to the Financial Statements for the Year Ended 31 March 2026 Trade creditors Trade creditor5 are tsbligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are cIassified as current liabilities if the charity does not have an un¢onditional right, at the end of the reporting pcriod, to defer settlement of the ereditOT for at least twelve months after the reporting date. If there is an unconaitional right to defer settlement for at least twelv¢ rnolltbs after the reporting date, they are presented as non-current liabilities. Trade Creditors are re¢ognised initially at the transa¢tion price and subsequenily measwed at amortised cost using the effective iDtere5t method. Fynd structure Unrestricted income ndS are general fijnds that ar¢ available for use at the tswtees discretion in furtherdnce of the objectives of the charity. Designated funds axe unrestricted fvnds eatrnarked, by the trusteas for particular purp05e5. Restricted fllnds are to be used for specific pury05es as Ikid down by the donor. Expenditur¢ which rnttts these criteria is charged to the fimd, together with a fair allocation of management and support W5ts. Pensions And other post retirement oblig2tlOn5 The charity operates a defined contribution p¢n5ion sche¢ which is a pension plan under which red contribuiions are paid into a pension fund and the oharity has no legal or constructive obligation to pay fvrther contributions even if the does not hold SU]C1cllt assets co pay all ¢mpl0e5 tbe benefits relating lo employee service in the cutrent and prior periods. Contributions to d¢fined contribution platts are recognised in the Statement O"L Financial Activities wh¢n they are due. If ¢ontributiOll P2ynents exceed the contribution due for service, the exce5S i5 reCOlSed as a prep3ym¢nt. Ineome from eharitable activities Unrestricted fudS Gentral Rutri¢Éed funds Total 2026 Totsl 2025 Government training grants Other Income 264.304 (20) 49.943 314,247 120) 241.827 20 264284 49,943 314227 241,847 3 Inve5ttnent income Unrestricted fund5 Gener21 Totsl 2026 Total 2025 Int¢r¢st receivable and sitnilar income,. Interest receivable on bank deposits 386 386 1,084 Page 10
Loughvlew Training Services Limited Notes to the Financial Stateitients for the Year Ended 31 March 2026 4 Expenditure on ch3ritsble activities Unrestritted fund5 Gener21 Restricted funds Total 2026 Total 2025 Employment costs Indu5ty Training bonus Tuition costs Examination and registration fees Rent and rates Heat light and power Insurance Repair5 Telephone Postage ststionery and advertising Swidry expenses Staff travel, conferences Hospitsliry Bank Charges Depre¢5ation 171,301 171,301 49,943 3 1,625 7,564 4.680 1,623 5,612 4,081 4,267 1,66l 3,441 9,907 178 461 1,089 182.002 26226 40,664 5,617 4,680 1,529 2,980 4.160 4,472 1.818 3,685 12,955 156 500 849 49.943 31,625 4,680 5,612 4,081 4.267 1,661 3,441 Y,907 178 461 1,089 247,490 49.943 297,433 292.293 In addition to the exp¢nditur¢ allysed above, there are also govemance costs of £4,748 (2025 - £4.480) whtch relate directly to ctwitable activities. See note 5 for fither d¢tails. 5 Analysis of governance and support cost5 GoYernall£e costs Unrestricted Totsl 2026 Total 2025 General Independent examiner fees Examination of the financial statements Legal and professional fees 2,580 2,168 2,580 2,168 2,372 2,108 4,748 4,748 4,480 Pagell
Loughview Trainiug Services Limited Notes to the Fin2ncial Ststements for the Year Ended 31 March 2026 6 Staffeosts Th¢ aggregate p&ytoII costs wer¢ as follows.. 2026 202S staff Costs during the year were: Wages and salaries Social security CQSIS Pension costs Other staff costs 153,988 7,523 9,178 612 164,604 8,214 8,729 455 171,301 182,002 The monthly average nllmber of persons (including senLor management I leadership team) employed by the charity during the y¢zr expressed as full tilne equivalents was as follows= 2026 2025 No Administration and training No employee received ¢molwnents of more than £60,000 during the year. 7 Independent examiner'5 reMneratIOn 2026 2025 2,580 Exarnination of the fwancial statements 8 Taxation The charity is a registered charity and is therefore exempt from wation. Page 12
Loughvieiv TratDing Services Li]nited Notes to the FiDancig1 Statements for the Year Ended 31 March 2026 g Tangibl¢ fixed assets Fixtures, IRttlngs and equipment Total Cost At l April 2025 Additions 21,142 2,424 21.142 2.424 At 31 March 2026 23,566 23.566 Depreciation At l April 2025 Charge for the year 20,482 1,089 20,482 At 31 March 2026 21,571 21,571 Net book value At 31 March 2026 1,995 1,995 At 31 Nlarch 2025 660 660 10 Debtors 2026 2025 Trade debtor5 Prepayments Other debtors 12.110 1.422 900 13,405 1,956 900 14.432 16,261 11 Cash cash equivalents 2026 2025 Cash on hand Cash at bank 54 50,819 28 38,070 50,873 38.098 12 Creditors: amounts falling due within one year 2026 2025 Accruats 7,763 7,914 Page 13
Loughview TrainAJJg Services Limited Notes to the Financial Statements for the Year Ended 31 March 2026 13 ShAre capithl Allotted, called up and fvlly p*ld shares 2026 2025 No. Ordinary Slwes of £1 each 12 12 12 12 14 Funds Balance at I April 2025 lrteoming resources Resources expcnded Balance 8t 31 March 2026 Unrestricted funds General 47.093 264,670 (252,238) (49,943) 59,525 Restricttd fndS 49,943 Total funds 47,093 314,613 {302,181 59,525 Balall¢e at I April 2024 Incorning resollrces Resources expended Bal#Dce at 31 March 2025 Unrestricted funds General 100,935 216,705 {270,547) {26,2261 47,093 Res¢rieted lund5 26,226 Totsl funds 100,935 242,931 (296,773 47.093 15 Analysis ofnet XS5¢ts between fwlld5 Unrestricted funds General Total funds at 31 March 2026 Tangible fjxed &ssets cU¢t assets Current Itabilktie5 1,995 65,305 7,763 1,995 65,305 7,763 59.537 Total net assets 59,537 Page 14