PRESTON VOCATIONAL CENTRE LTD

Registered charity 1135863 · accounts filings on the Charity Commission register · also known as PVC LIMITED

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

Area of benefit: PRESTON

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · Economic/community Development/employment · website · Get email alerts

Latest income
£523k
Latest spending
£495k
Registered
2010
Accounts read
FY2025

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.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Highest-paid employee band: £10,000 - £60,000 — below the median for charities its size (£60k)
“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
Per its FY2025 accounts as filed with the Charity Commission.
Largest income source: Charitable activities (90% of income)
“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
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: two months operating costs (held: £198k)
“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
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: CGA provided IT services, repairs, maintenance, staffing and support services, and made payments for goods and services on behalf of PVC, resulting in a creditor balance.
“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
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: CGA invested surplus funds on behalf of PVC via a Service Level Agreement, resulting in a debtor balance.
“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
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: JFN Integrated Solutions Limited, a company where board member Chris Keeney is a Director, donated to PVC.
“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
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: JFN Integrated Solutions Limited, a company where board member Chris Keeney is a Director, provided goods and services to PVC.
“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
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Xacom Limited, a company where Chair Michael Higgins is a Director, donated to PVC.
“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
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Preston Construction Centre Limited
“PVC has a trading subsidiary, Preston Construction Centre Limited, which is currently dormant.” — page 4
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Rushtons. Discloses 6 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Structured financials (annual return, FY ending 31/07/2025)

Total income
£523k
Total spending
£495k
Reserves (reported)
£198k
Employees
12

Reported reserves equal ~4.8 months of spending — below the median for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Charitable activities (99% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (4.9%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Lancashire

Income and spending

Financial year endIncomeSpending
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

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
THE REED FOUNDATIONFY2021—