PRESTON VOCATIONAL CENTRE LTD
Preston Vocational Centre (PVC) provides accredited training in Bricklaying, Painting & Decorating, Carpentry & Joinery, Plastering & Tiling, CSCS card and Numeracy & Literacy to young people & adults.At the same time, PVC develops interpersonal skills & employability, gives an introduction to enterprise and celebrates achievements across a wide spectrum of ability and behavioural improvement.
Objects
THE CHARITY'S OBJECTS ('OBJECTS') ARE SPECIFICALLY RESTRICTED TO ADVANCE THE EDUCATION OF CHILDREN, YOUNG PEOPLE AND ADULTS, ESPECIALLY THOSE LIVING WITHIN THE PRESTON AREA, IN PARTICULAR THROUGH PROVISION OF VOCATIONAL TRAINING, SUPPORTING THEIR PERSONAL DEVELOPMENT, AND EQUIPPING THEM FOR FURTHER EDUCATION, EMPLOYMENT AND TRAINING
Financial health, per its FY2025 accounts
The accounts state that the charity generated a surplus of £27,630 for the year ended 31 July 2025, resulting in unrestricted reserves of £198,441. The trustees report that this financial position is strong, with reserves held to cover two months of operating costs as per their stated policy. The auditor confirmed that the financial statements give a true and fair view and that there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“All employee benefits fall within the banding £10,000 - £60,000. There are no employees who received employee benefits excluding (employer pension costs) of more than £60,000.” — page 27
“The majority of our income, £469,587 (89.79%) was received from schools for the delivery of construction courses to 14 to 16-year olds.” — page 9
“We aim to hold cash reserves to cover two months operating costs should anticipated income not materialise. This includes the cash held by PVC plus the surplus cash invested by Community Gateway Association (CGA) which is included within debtors (Note 9). This cash is immediately available to PVC should it be required.” — page 10
“The Statement of Financial Position includes: 1) a parent company creditor of £38,106 which represents: - payments for goods and services made by CGA on behalf of PVC that have not been repaid by PVC before the end of the financial year. - amounts owing to CGA for IT services, repairs and maintenance, staffing and support services provided during the year.”
“2) A parent company debtor of £141,816 which is funds invested by CGA on behalf of PVC via a Service Level Agreement” — page 32
“The Statement of Financial Position includes: 1) a parent company creditor of £38,106 which represents: - payments for goods and services made by CGA on behalf of PVC that have not been repaid by PVC before the end of the financial year. - amounts owing to CGA for IT services, repairs and maintenance, staffing and support services provided during the year.”
“2) A parent company debtor of £141,816 which is funds invested by CGA on behalf of PVC via a Service Level Agreement” — page 32
“The Statement of Financial Position includes: 1) a parent company creditor of £38,106 which represents: - payments for goods and services made by CGA on behalf of PVC that have not been repaid by PVC before the end of the financial year. - amounts owing to CGA for IT services, repairs and maintenance, staffing and support services provided during the year.”
“2) A parent company debtor of £141,816 which is funds invested by CGA on behalf of PVC via a Service Level Agreement” — page 32
“The Statement of Financial Position includes: 1) a parent company creditor of £38,106 which represents: - payments for goods and services made by CGA on behalf of PVC that have not been repaid by PVC before the end of the financial year. - amounts owing to CGA for IT services, repairs and maintenance, staffing and support services provided during the year.”
“2) A parent company debtor of £141,816 which is funds invested by CGA on behalf of PVC via a Service Level Agreement” — page 32
“The Statement of Financial Position includes: 1) a parent company creditor of £38,106 which represents: - payments for goods and services made by CGA on behalf of PVC that have not been repaid by PVC before the end of the financial year. - amounts owing to CGA for IT services, repairs and maintenance, staffing and support services provided during the year.”
“2) A parent company debtor of £141,816 which is funds invested by CGA on behalf of PVC via a Service Level Agreement” — page 32
“PVC has a trading subsidiary, Preston Construction Centre Limited, which is currently dormant.” — page 4
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Volunteer management
Structured financials (annual return, FY ending 31/07/2025)
Trustees
- Chris Keeney
- Jane Smith
- Katherine Rudin
- Michael Higgins
- ROBERT WAKEFIELD
- Sian Elcomb
- Trevor Hart
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £523k | £495k |
| 31/07/2024 | £501k | £468k |
| 31/07/2023 | £480k | £448k |
| 31/07/2022 | £405k | £394k |
| 31/07/2021 | £357k | £373k |
Common questions
Is PRESTON VOCATIONAL CENTRE LTD financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated a surplus of £27,630 for the year ended 31 July 2025, resulting in unrestricted reserves of £198,441. The trustees report that this financial position is strong, with reserves held to cover two months of operating costs as per their stated policy. The auditor confirmed that the financial statements give a true and fair view and that there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Rushtons.
What does the highest-paid employee of PRESTON VOCATIONAL CENTRE LTD earn?
Per its FY2025 accounts, the highest-paid employee was in the £10,000 - £60,000 band.
Who funds PRESTON VOCATIONAL CENTRE LTD?
Funders whose own accounts filings name PRESTON VOCATIONAL CENTRE LTD as a grant recipient include THE REED FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE REED FOUNDATION | FY2021 | — |