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 ca￿led 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 r￿ed
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 ¢mpl0￿e5 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 reCO￿lSed as a prep3ym¢nt.
Ineome from eharitable activities
Unrestricted
fu￿dS
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¢ all￿ysed above, there are also govemance costs of £4,748 (2025 - £4.480) whtch
relate directly to ctwitable activities. See note 5 for fi￿ther 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 reM￿neratIOn
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 f￿ndS
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