Company registration number.. 03718895
Chaflty registration nutnber.. 1075243
The Milford Millenium Hall and Community Centre
IA company limited by guarantee)
Annual Reporr and Financial Statements
for the Year Ended 31 August 2025
TC Group
Waverly House
115-119 Holdenhurst Road
Bournemouth
Dorset
8H8 8DY

The Milford Millenium Hall and Community Centre
Contents (continued)
Trusiees, Report
Ito5
Independent Examiner'5 Report
6t07
Statement of Finaniial Activities
Balance Sheet
9tolO
Notes to the Financial Statement5
1110 24

The Milford Millenium Hall and Community Cenlre
Trustees. Report
Ihe trustees, who are directors lor the purposes of company law, present the annual repoft together with the
financial statemenis of the chariiable company for the year ended 31 August 2025.
Objectives and activities
The Charity's airns are to provide and manage a communtrty centre lor the benefit ol the Parish of
Millord.on-Sea, Lyrnington, Hampshire and io encourage and promote the personal and soiial development of
young people in the Parish.
A5 the Trustees ol the Charily. we operate a purpose-built Community Centre which opened in September
2010, and this report is lor our 15th year of operation from this Centre.
We achieve our charitable aims bv..
Ollering our facilitie5 lor hire to local organisattons and individuals resulting in a broad range of activities
including educational classes.. mv51C. art. drama. dance. exercise and fitness sessions,. meeting room5 for local
societies and community support 8roup5.
Running a well-staffed Youth Club two evenings a week. The activities ollered are designed to encourage
communicaiion a41d conversation a5 well as teaching younger people ski115 for lile. We arrange activities lor
children of Prirnary School age durtng the annual holidays. We also run Seahorses Stay and Play group for
pre-school children every week which is also very popvlar.
Organi5ing a wide range ol activities and entertainment designed lo have broad appeal to all ages and be a
local point for the local community.
Providing a popular and well-u5ed cale from Monday to Friday, providing free internet lacilities, and also in
the evenings, a bar which operaies alongside many of the events.
Operating two charity shops in ordei to raise lunds lor the Centre.
Governance and Organisation
The CharitV'5 governing body is the Board of Trusiees, wtth an elected Chair, which normally meets monthly to
discuss operation31 and strategic matre¥s. There are a number of Sub.Committees which report to the Board
dealing with more detailed matters related to the ongoing operarion development of the Centre. All
TIu5tees appointed are local residents and olien were previously pait of the broad volunteer base that
5upport5 the Charity.
We operate two volunteer run Chartty Shops through a trading subsidiary (Milford Millennium Shop Ltdl of
which the Community Centre is the sole shareholder. All profits from ihe Subsidiary are distributed annually to
the Charity to fufther our community objecrives. Trustees arbd Sub-comtnitiees take responsibility lor
managemenl ol the day-to-day operations of the Charity and the tiading subsidiary.. the Charity does not have
an appointed Chief Executive or Senior Staff Membe¥.
We employed an average ol 11 staff over the finaniial year. this beine a full-iime Caretakor and a part-time
caretakei,. 2 part-time Administrators.. a Youth Leadec responsible lof ￿anaging the Youth Club along with 6-7
Youth Workers (al￿ pait-timel.
Page I

The Milford Millenium Hall and Community Centre
Trustees, Report Icontinuedl
Events and Activitie5
We host 3 broad range ol events and activilies throughout ihe yeaf org3nised by ouiselves as well as private
individuals, local bustnesses, and lacger orgènisation5.' these include aclivit4e5 such a5..
Ixerci5e. keep-fit, music. choirs, dance and art classes, eic.
Regular meetings ol local organisations and interest groups
Private events such as weddings. anniversarie5. wakes. children's part￿￿ elc, rnaking use ol the Hall with the
stage and big enough for bouncy castles. bands and discos
Private and busine55 Use, for meeting5. conferences. workshops. sales. art exhibitions, etc.
Conference5 1 public meetings I workshops I discussions on rnalters such as conservation and local
development.
We also run a full public entertainment program of music, dance, in-house touring theatre, comedy, opera,
cinerna and screenings. We offer a number ol these events with dining prowded, which coupled with our
well-stocked bar generates a Significant part of our fundiaising income.
Trading Activities
We operate two Charity Shops through our trading subsidiè¥y cownpany Milford Millenium Shop Limited
IMMSLI. The shop operation each year gifts 311 of it5 profit to MMHCC. Thi5 is an important Part of the funding
ol our activities. ènd particularly for investment in further development ol 0￿r facility and capabilities.
The ch3ritY Shop has been operating sinco 2010 from small premises in the cenire ol Milford on Sea. In
September 2022 we acquired a second shop in an excellent location Ik>se to the original Shop and the two
togethei more than doubles our trading area allowing us to offer a much wider r3rige ol goods and all
attractively displayed. Thi5 second Shop opened in April 2023.
We have now completed the first lull yeaf of trading from two shops and achieved our highest ever turnover
and profit to be gifted to the parent charity MMHCC.
Buildings and Facilities
We have a high standard ol maintenance for the building and 3re pro-active meeting Health and Sèlety
responsibilitie5. iniluding B rolling review of our risk assessment5. We periodically conduct fire risk
assessment5 and lull electrical condition surveys of the building and continue to ensure that all equipment is
well maintained and replaced where necessary.
We continue to invest in our facililies to keep them in lull working orderand attractive for hire¥s and users.
Long Term Development
The Trustees acquired land adjacent to the Centre in 2016 10 enable luluie expansion. This land is Cufrently
used as storage and as a donations receipr and soriinE operation for Ihe charity Shop 5toik. Trustees have
recommenced work on how to best Use this land lon8-teim lo fufther the aims ol the charitv.
Public benelit
T he Charity meets it5 requirement5 to deliver Public Benefit ihrough the bioad range ol Se￿iCe5 listed above
that are provided to the local community Trustee5 have due regard to Ihariiy CDmmission guidance on public
benefit.
Page 2

The Milford Millenium Hall and Community Centre
Trustees. Report (continuedl
Use DA volunteers
We have a highly active and dedicated ieam ol over 170 volunteers who provide support covering
adminisrration, refreshments. gardening. shop. kitchen. technical. and other activities. This enthusiastic
svpport has allowed us to operate the Café and Box Office for five days a week and run an extensive
piogramme of eventslactivities. We have also had ihe Shop open for an aveiage of 24 days a month.
Financial review
Not Income in 2024-25 is £346.555, compared to Net IrKome in 2023-24 01 E262.422 which 1$ 32% up on the
prior year.
The net surplu5lldeficitl in 2024-25 was £70.702. compared to1£29,9021, in 2023-24. an increase of £100,604.
Policy on reserves
The Milford Millenium and Community Cenire (The Charity) instigated a Reserves Policy in 2013-J4 to dovelop
cash resorves against possible risks and longer-term invesiment requirements. This is reviewed annually and is
designed to..
l. Create a bu5ine5s interruption reserve which are not covered by insurance
2. Create funding loy future expansion of the Cerbtre
3. Provide a 8ene¥al contingency fund to protect against future income downturn or budget 5hortlall in any
operating year.
This to includo any additional mainten3nce risks not covered by insurance.
This is reflected in the following reserve allocations:
Reserves Target and Allocation Target
Non insurance covered Bu5ine55 Intefruption £50.(KKI
Future Expansion £60,(
General Contingency E40.000
Total £150,CK)O
The Reserves Policy is reviewed arbnvally.
The charitable entity has free reserve5 01 £171.343 as at 31 Au8USt 2025 12024.. £149,504). The Trustee5
consider this level of ie5erves to be sufficient to deliver charitable obje£tives for the next rwelve months. Free
reserve5 are calculated by deductbng fixed assets from the unrestricted land de5ignatedl reserves held at the
year-end.
Goin8 concern
I he Trustee5 confirm thar. alte¥ making appfopii3Ee enqviries, they have reasonable expectation that the
Charity hès adequate resources to continue in oper31ional exislence for the loreseeable future. For this
reason. they continue to adopt the eoing concern basis in prepafing these accounts.
Pège 3

The Milford Millenium Hall and Community Centre
Trustees, Report lcontinuedl
Reference and Administrative Details
Charity Registration Number..
1075243
CompBr¥y Registration Number..
03718895
Registered Office..
9 Sea Road
Milford on Sea
Harnp5hiie
S041 OPH
Independent Examiner..
TC Group
Waverly House
115-119 Holdenhurst Road
Bournemouth
Dorset
BH8 8DY
Trustees and officers
The trustees and officers Se￿Ing during the year and since the year end were a5 follows..
Trustees..
V S Silander
C R Jones
P H Ware-Lane
M J Walker Iresigned 28 Novembet 20251
O H Whiilo(k
L Bagnall
J E Parry lappointed 22 January 20251
S E Frèsei
R T 8i5hop Ire5igned l December 20251
D H Ellis
A Langford lappoinled 28 October 20251
A Gibbs lappointed 28 Ociober 20251
Secretary..
O H whil1￿k
Structure, governance and management
Noture 01governing document
The charitv 15 controlled by its governing doiument. a deed of trust. and con5titute5 a lsfflited company, limited
by guarantee, as dolined by the Companie5 Act 2006.
Page 4

The Milford Millenium Hall and Community Centre
Trustees. Report {continuedl
Recrultment oppointment oJtru5tees
Trustees are recruited and appointed when there is a sufficient need or mom on the Board ol Trustees.
Induction ot7d tr¢7ining of trustees
Trustees are provided with the CC3 document from the Charity Commission or training from existing Trustees
or external courses in order to eflectively carry out theii duties as Trustees.
Statement of trustee5' responsibilities
The trustees (who a¥e a150 the di¥eciors ol The Milford Millenium Hall and Community Centre for the purp05e5
ol company lawl are re5pon5ible for PTepaiing the rrustees, report and Ihe financial 5taternents in accordance
with applicable law and United Kingdom Accounting Standards (Unired Kingdom Generally Accepted
Accounting Praiticel. including FRS 102 'The Financial Reporting Standwd applicable in the UK and Republic ol
Ireland"
Company law requires the trusiees io prepare financial statements lor each financial year. Under company law
the trustees must not approve the financial statements vnles5 they are satisfted that they give a true and lair
view of the state of affairs of the charitable company and ol the irKoming resources and application of
resources, including its income and expen(Jiture. of the chariiable cornpany lor thai period. In preparing these
financial statements, the trustees are required to:
select suitable accounting policie5 and apply them con51Stentlv.'
observe the methods and priniiples in ihe Charitios SORP-
make judgements and e5timate5 thai are reasonable and prudent.-
State whether applicable accounting standards, comprising FRS 102 have been followed. subject to any
material depariures disclosed and explained in rhe financial 5tatements.' and
prepare the financial statements orh the going concern basis unles5 It is inappropriate to presume that the
charitable company will continue in business.
The irustees are re5pon5ible for keeping proper accounting records that can di5cIoge with reasonable accuracy
at any time rhe financial p05ttion of the charitable company and enable them to ensure that the financial
statements comply with the Companies Aci 21J)6. They are also responsible for 531egu3rding the assets ol the
charitable company and hence for taking reasonable steps for the prevention and detection ol fraud and other
The trustees are responsible lor the maintenance and inlegrity of the corporate and financial inlorrnation
included on the charitable company's website. legi51alion governing the preparation and dissemination ol
financial Statements may diller Iiom legislation in other juiisdicrions.
The annual report was appfoved by rhe trustees of the charity on
nd signed on its behalf by..
O H Whitlock
Cumpany socretary and trustee
Page 5

The Milford Millenium Hall and Community Centre
Independent Examiner's Report to the trustees of The Milford Millenium Hall and
Community Centre {'the Company'l
I report to the charity trustees on my examinarion ol the accounts ol the Company for the year ended 31
August 2025.
Responsibilities and basis of report
As the charity's trustees of the Company land also its directors for the purposes of iompany lawl you are
responsible lor the prepar31ion of the accounts in 3ccordance with the reouirements ol the Companies Act
20061'the 2006 Act'l.
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 01 the
2006 Act and are eligible for independent examination. I report in resptyi ol my examination of your charitV'5
accounts as carried our undef secrion 145 of the Charities Act 20111.the 2011 Aci'l. In carrying out rnv
exarnination I have followed the Directions given by the Charity Commission under section 14515llbl of the
2011 Act.
Independent examinerfs statement
Since the Company's gross income exceeded £250.(KM) your exaffliner must be a member of a body listed in
secrion 145 01 the 2011 Act. I confirrn that l am qualified to undertake the examination because l am a
mernber of , which 15 one ol the listed bodies.
I have cornpleted my examination. I confirm ihat no wnatier5 have come io my atiention in connection with the
exarnination giving me cause to believe..
l. accounting record5 were not kept in respect of The Milfoid Millenivm Hall and Community Centre as
required by Section 386 of the 2(M)6 Act," or
2. the accounts do not accord with those records,. or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than
any requirement Ihar the accounrs give a 'true and fair view. which is rLOt a malter considered as part of
an independent examination- or
4. the accounts have not been prepared in accordance with ihe methods and piinciples of the Statement of
Reiommended Practice lor accounting and reporting by charities [aP￿Icable to chaiitie5 preparing their
accounts in accordance with the Financial Reporting Standard applIca￿e in the UK 3nd Republic of
Ireland IFRS 10211.
I have no concern5 and have come across no other matters in conneition with the examination to which
attontion should be d¥awn in this report in order to enable a proper understanding of the accounts to be
reached.
l M Rodd Bsc FCA FCCA
Waverly House
115-119 Holdenhurst Road
Bournemouth
Dorset
BH8 8DY
Page 6

The Milford Milleniurn Hall and Community Centre
Independent Examiner's Report to the trustees of The Milford Millenium Hall and
Community Centre ('the Company,) Icontinuedl
Date..
Page 7

The Milford Millenium Hall and Community Centre
Statement of Financial Activities for the Year Ended 31 August 2025
Ilncluding Income and Expenditure Account and Statement ol Total Recognised Gains and
Losses)
Unrestricted
funds
Restricted
funds
Total
2025
Total
2024
Note
Income and Endowments from..
Donètions and legacies
Other trading activities
Investment income
128.135
213.518
4.539
363
128,135
213.518
4.539
363
74.670
183.875
3.877
Other incotne
Total income
346.555
346,555
262.422
Expendlture on-
Raising funds
Charitable activities
187.7781
1178.5751
187,7781
1188.0751
178,4321
1213,8921
19,SCQI
Total expenditure
1266,3531
19.5(K)I
1275.8531
1292,3241
Net incomellexpenditurel
80,202
19.5CK)I
70.702
129,9021
Net movement in fund5
80.202
19,5(KJl
70.702
129,9021
Reconiiliation of lunds
Total funds brought forward
778.832
421.542
I.2￿,374
1,230.276
Total funds carried forward
22
859.034
412,042
1.271,076
1,200,374
All of the charity'5 activities derive from continuing operations during the above two periods.
The fund5 breakdown for 2024 15 shown in note 22.
The notes on paees 11 to 24 loim Bn integral part ol these financial statement5.
P3ge 8

The Milford Millenium Hall and Community Centre
(Registration number: 03718895)
Balance Sheet as at 31 August 2025
2025
2024
Note
Unre5trlcted
Restricted
Fixed assets
Tangible assets
Investments
14
GO9.￿)1
408.543
1,018.444
1.019,581
15
609.902
408.543
1.018,445
J,019,582
Curlent assets
Stocks
16
3,102
34,411
3,102
34.411
3,205
61,201
26,276
l(X).884
Debtors
17
Investments
18
Cash at bank and in hand
219.837
3.499
223,336
257,350
3.499
260,849
191.566
Creditors.. Amounts falling due
within one year
19
18.2181
18,2181
110,7741
Net current assets
249.132
3,499
252.631
180,792
Total assets less current
859,034
412.042
1.271.076
1.200,374
Net assets
859.034
412,042
1,271.076
1.200,374
Funds of the charity:
Restritted income funds
Restricted funds
412.042
421,542
Unrestricted income funds
Unrestricted funds
859,034
778,832
Total lund5
22
1.271.076
1,200,374
For the financial year ending 31 August 2025 the chafity was entiiled to exemption Irom audit under Section
477 01 the Companies Act 20()6 ielating to sm311 companies.
Directors. responsibilities:
The niember5 have not required the chariiy to obiain an audit of lis accounts for the year in question in
aciordance with section 476.. and
The directors acknowledge their responsibilities for complying with the requirements of the Act with
respect to accour¥ting records and Ihe prepaiaiion of accounts.
These financial statements have been prepare(S in accordance wth the special provisions relating to
cornpanies subject io the 5fflall companies regime within Part 15 of the Companies Act 2006.
The notes on page$ 11 to 24 form arb inregial part of ihese financial stateThents.
PaEe 9

The Millord Millenium Hall and Community Centre
(Registration number: 03718895)
Balance Sheet as at 31 August 2025 (continued}
The financial statements on pages 8 to 24 were approved by the trLfrStees. and authorised for i55ue on
'.i& and signed orb their behall by..
L 8agnall Z"
Trustee
The notes on pages 1110 24 lorm an integral part of these financial siatements.
Page 10

The Milford Millenium Hall and Community Centre
Notes to the Financial Statements for the Year Ended 31 August 2025
l Legal Form
Milford Millenium Hall and Cotllmunity Centre is a charily regisiered in the UK and is a company limited by
guarantee. registered in England and Wale5. Fufther details on page 4.
2 Accountin8 policies
Summary ol signifl¢anl accounting policie5 and key accounting estimates
The principal accounting policies applied in the preparatiorb of these financial statements are set out below.
These policies have been consistently applied to all the years presented. unless otherwise stated.
Statement of compliance
The financial statements have been prepared in accordance with Aicounting and Reporting by Charities..
Statement of Recommended Practice lapplicable to charrties preparitig iheif accounts in accordance with the
Financial Reporting Standard applicable in the UK ènd Republic of Ireland IFRS 10211 Iissued in October 20191
Ichariries SORP IFRS 10211. the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS
1021 and the Companies Act 2(Kb6.
Basis ol preparation
The Milford Millenium Hall and Community Centfe meets the definition ol a public benefit entity under FRS
102. Assets and liabilities are iniiially recogntsed at historical cost or tr3n5action value unless otherwise srated
in the relevant accounting poliiy notes.
Gotng concern
The trustees consider that there are no mateiial unceriainties about the charitvs ability to continue as a going
concern noi any significant are35 01 unceriainty that allect the carrying value ol assets held by the chaiity.
Exemption from preparlng a cash flow statement
The charity opted to early adopt Bulletin I published on 2 Febrvary 2016 and have theielore not included a
cash flow statement in these financial statemenis.
Income and endowment5
All income is recoBnised once ihe charity ha5 entitlemeni to the income, il is probable ihat the income will be
received and the amount of the income receivable can be measured relkAbly.
Pagell

The Milford Millenium Hall and Community Centre
Notes to the Financial Statements for the Year Ended 31 August 2025 Icontinuedl
2 Accounting policies Icontinuedl
Donutions undlegocies
Donations are recognised when ihe charity ha5 been notified in writing ol both the amount and settlement
date. In the everit that a donation is subjecr 10 conditions that require a level ol performance by the charity
beloie the charity is entitled ro the fvnds. the income is deleired and not recognised until either those
conditions are lully met. or the lulfilmeni of those conditions is wholly vriihin the control ol the charity and it IS
probable rhat these condition5 will be fulfilled in the reporting period.
Legacy gifts are recognised on a case by case basis following the grant of probate when the
administratorlexecutor lor the esiaie has communicated in wfiting both the amount and settlement date. In
the oveni that the gilt is in the forrn of an asset other than cash or a financial a55et traded on a recognised
Stock exchange. recognition bs S￿ble(t to the value of the gift being reliably measurable with a degree ol
reasonable accuracy and the title to the assei having been iransfe¥red iothe charity.
Gronts receivoble
Grant5 are recognised when the charity has an entiilement to the lunds ènd any conditions linked to the giant5
have been met. Where performance conditions are attached to the granl and are yet to be mei, the income is
recognised as a liability and included on the balance sheet as deferred irKorne to be released.
Investment income
Dividends ale recognised once the dividend has been declared and rotilication has been receNed of the
dividend due.
Expenditure
All expenditure is recognised once there is a legal or constructive obligation to that expenditure. it is probable
settlement is required and the amount can be measured reliably. All 105ts are allocated to the applicable
expenditure heading that aggregate similar costs EO that category. Where costs cannot be directly attributed to
p3rticular headings they have been allocated on a basis tonsistent with the use of resources, with central staff
COSts allocared on the basis ol time spent. and depreciation charges all(Kated on the portion ol the asset's use.
Other support Costs are allocated based on the spread of staff costs.
RutSAll91unds
These are c05t5 incurred in attracting voluntary income. the management ol investments and those in(￿rred in
trading activities that raise funds.
Churituble tsctlVAtie5
Charitable expenditure comprises those costs incurred by the charity in the delivery of it5 activities and
service5 lor its boneficiaries. li inclvdes both costs rhat can be alloiated direcily to such activities and those
COSts of an indirect nature ne£es5ary to Support them.
Support costs
Support C05t5 include central function5 and have been allocated to aitivity lost categorie5 on a basis
consistent with the use ol resources, lof example. allocating piopertv C05t5 by floor area5. or per iapita, stall
cost5 by the time speni and other cosls by Iheir usage.
Page 12

The Milford Millenium Hall and Community Centre
Notes to the Financial Statements for the Year Ended 31 August 2025 Icontinuedl
2 Accounting policies Icontinuedl
Governance costs
These incluc5e the costs atiributable to the charitrf5 compliance with constitutional and statutory
requirements. including audit, strategbc management and trustee5 meetings and ieimbuf5ed expenses.
Taxation
The charity is considered to pass the test5 set out in Paiagraph I SChed￿e 6 of the Finance Act 2010 and
therefore it meets the definition of a charitable company for UK corporation ta% purposes. Accordingly, the
charity is potentially exempt from taxation in respect ol income OT lapltal gains received within categories
covered by Chaprer 3 Part 11 ol the Corporalion Tax Act 2010 or Section 256 of the Taxation ol Chargeable
Gains Act 1992, to the extent that svch income or gains aTe applied exclusively io charitable pu¥p05es.
Tangible FSxed Assets
Depreciation is provided on tangible fixed assets so as to wiile off the c05t or valuation. less any estimated
residual value. over their expected useful economic life as follows..
Asset Class
Freehold Property
DePr￿latIon method and late
2%on cost
Plant and Machinery
33% on c05t, 20% on lost and IO% on
£05t
Fixed asset Investments
Interesrs in subsidiaries are initially measured at C05t arbd subsequently measured at cost less any accuniulated
impairtnent losses. The investme15ts are assessed lor impaiTment at each reporting date and any impairment
losses or reversals of impairment losses are recognised immediately in profit or loss.
A subsidiary is an entity controllecl by rhe company. Contiol is the power to govern the financial and operating
policies of the entily so as to obtain benelifs from its activities.
Curient asset investmerlts
Current asset investments are included al the lower of cost and net realisable vèlue / rnafket value.
Current asset investments are made up ol liquid inve5tmenis held with a Maturity date longer than 3 months
but less than 12 rnonihs from the opening of the account.
Stock
Stocks are valued at the lowef of cost and nei realisable value. after making tlue allowance for obsolete and
slow moving items.
Page 13

The Milford Millenium Hall and Community Centre
Notes to the Financial Statements for the Year Ended 31 August 2025 {continuedl
2 Accounting policies Icontinuedl
Tfade debtofs
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary
course of business.
Trade debtor5 are recognised inbtially at the transacliorb price. They are subsequently measured at amortised
cost using the effective interest method, less provision for impairment. A provision lor rhe impairment of trade
debtors is established when there is objeciive evidence ihat the charity will not be able to collect all amount5
due according to the original terms of ihe receivables.
Cash and cash equivalents
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of
three months or less from the dare ol acquisition or opening of the dep051t or 5ifflilar account.
Trade creditors
Trade creditor5 are obligation5 to pay lor goodg or services rhai have been acquired in the ordinary course ol
business from suppliers. Accounts payable are classilied as curient liats-lities if the charity does not have an
unconditional right, at the end of rhe repoiting period, to delor sottlernent of the Ifeditor lor at leasi twelve
tnonth5 after the reporting date. 11 there is an unconditional righr io defer settlement for at least twelve
month5 after the reporting date, they are presented as non-current liabiliiies.
Tiade creditor5 are recognised initially at the transaction price and subsequently measured at arnortised c05t
usirig the ellective interest meth(Kl.
Fund structure
Unrestricred income funds are general fvnds that are available for use al the trustees discretion in furthefance
of the objectives ol the charitv.
Designated funds are unrestricted funds set aside for specific purposes at the disiretion of the trusiees.
Restricted income funds are those donated for use in a particular area or for Specific purposes. the use of
which 15 restricted to that area or purpose.
Pensions and other post retiremenl obligation5
The charity operaits a defined contribution pension scheme which is a pension plan ￿nder whiih fixed
contribuiions are paid into a pension fund and the chafity has no legal or constructive obligation to pay further
contributions even il ihe fund does not hold svfficient a55eis to pay all employees the benefit5 relating to
employee service in the current and prio¥ periods.
Contributions to delinod contribution plan5 are recoEnised in the Statement of Financial Activitie5 when they
are due. 11 contribution paymenis exceod the contribution due for Se￿i[e. the excess is rccognised a5 a
prepayment.
Page 14

The Milford Millenium Hall and Community Centre
Notes to the Financial Statements for the Year Ended 31 August 2025 Icontinuedl
3 Income from donation5 and legacies
Total
2025
Total
2024
Donations and legacies,.
Donat10115 frotn individuals
123.128
44.909
20,(M)O
4.761
5,000
Legacies
Gilt aid reclaimed
Grants. including capital grants
S.(X)7
128.135
74,670
4 Income from other trading activities
Total
funds
Total
2024
Hall and facilities hire
Bar and cafe
48,676
66.270
98.572
46,726
54.700
82,449
Fundrdising events
213.518
183,875
S Investment income
Total
2025
Total
2024
Interest receivable ènd simila¥ income-
Interest receivable on bank deposils
4,539
3,877
6 Expenditure on raising funds
al Other trading activities
Total
2025
Total
2024
Purchases
87.778
78,432
Page IS

The Milford Millenium Hall and Community Centre
Notes to the Financial Statements for the Year Ended 31 August 2025 {continuedl
7 Expenditure on charltable attivities
Total
2025
Tolal
2024
Note
Overhoads
Staff costs
35,462
80.669
59.248
12,696
33,884
78,673
86,071
15,264
Allocated support Costs
Governance costs
188.075
213,892
In addition to the expenditure analysed above. there are also governance costs of £12,69612024 - £15.2641
which relate directly to charitable activitie5. See note 8 for further detail5.
Page 16

The Milford Millenium Hall and Communily Centre
Notes to the Financial Statements for the Year Ended 31 August 2025 {continuedl
8 Analysis of governance and support tosts
Support costs allocated to charitable activitie5
Governènce
costs
Administration
costs
Other support
costs
Total
2025
Charitable aitivilv
12.696
Governance
costs
43.149
Administration
C05t5
16.099
Other support
costs
71,944
Total
2024
Charitable activity
15.264
72.367
13.704
101,335
Governance costs
Total
2025
Total
2024
Accountancy 3Trd legal lees
12.696
15,264
12,696
15,264
9 Net incomingloutgolng ￿$ourCeS
Nei incominglloutgoingl resources for ihe year include=
2025
2024
Depieciaiion of fixed assets
Independent examination fee
25.731
2,934
29,636
2,992
10 Trustees remuneration and expense5
Thoro were no trustees, expenses or remunerarion paid for the year ended 31 August 2025 nor lor the year
ended 31 August 2024.
Page 17

The Milford Millenium Hall and Community Centre
Notes to the Financial Statements lor the Year Ended 31 August 2025 {continuedl
11 Staff costs
The aggregate payroll cosrs were as follows..
2025
2024
Staff costs during the year were:
Wage5 and salaries
Social security costs
Pension costs
79.089
13
77.274
1.567
1,399
80,669
78,673
The monthly average number of person5 lincludin6 Senior wnanagemeni / leadership tearnl employed by the
charity during the year expressed as fvll rime eouivalents was as follow5..
2025
No
20Z4
Headcount
li
io
No employee received ernoluments of fflore than E60.(M)O during the year.
Page 18

The Milford Millenium Hall and Community Centre
Notes to the Financial Statements forthe Year Ended 31 August 2025 {continuedl
12 Taxation
The chaiity 15 a registered charity and is therefore exempt from taxation.
13 Comparatives for the statement of financial activitles
Unrestricted
funds
Restricted
funds
Total
2024
Note
Income and Endowments from:
Donations and leEac¢es
Other trading activities
Investment income
74.670
183.875
3.877
74,670
183,875
3,877
Total income
262.422
262.422
Expendituie on..
Rai51ng funds
Charitable activities
178.4321
1204,3921
178.41321
1213,8921
19.5001
Total expenditure
1282,8241
19,5(K)I
1292,3241
Net expenditure
120.4021
19.5001
129.9021
Net movement in fund5
120,4021
19.5001
129.9021
Reconciliation of funds
Total funds brought forward
799.234
431,042
1,230,276
Total funds iarried lorwar(5
22
778.832
421.542
1.200.374
Page 19

The Milford Millenium Hall and Community Centre
Notes to the Financial Statements for the Year Ended ai August 2025 (continued)
14 Tangible fixed assets
Land and
buildin8$
Furrtiture and
equipment
Total
Cost
At I September 2024
Additions
1.216.446
182,972
24.594
1,399,418
24,594
At 31 August 2025
1,216,446
207.566
1,424.012
DepreciatSon
At I Septetnbef 2024
Charge for the year
215,630
18.086
164.207
7,645
379.837
25.731
At 31 August 2029
233.716
171.852
405,568
Net book value
At 31 August 2025
982.730
35.714
1,018,444
At 31 AuEUSt 2024
I,¢XM),816
18.765
1,019.581
15 Fixed a55et investments
Z025
2024
Shares in group undertakings and participatinE interests
Share5 in group undertakings and participating interests
Subsidiary
undertakings
Total
Cost
At I September 2024
At 31 August 2025
Nel book value
At 31 August 2025
At 31 August 2024
There are no investment assets outside the UK.
Page 20

The Milford Millenium Hall and Community Centre
Note5 to the Financial Statements for the Year Ended 31 August 2025 {£ontinued)
16 Stock
2025
2024
Stocks
3.102
3.205
17 Debtors
2025
2024
Trède debtors
4,192
27.032
2,710
477
6.318
51.284
Due from group vndertakings
pr￿paYmentS
Oiher debtor5
2,131
1.468
34,411
61,201
18 Current asset investments
2025
2024
Unlisted investments
26.276
Page 21

The Milford Millenium Hall and Community Centre
Notes to the Financial Statements for the Year Ended 31 August 2025 (continued)
19 Creditors.. amounts falling due within one year
2025
2024
Trade Cfeditors
2,184
1,229
1,569
3.236
2,629
167
Other taxation and social security
Other creditors
Accruals
932
7,046
8.218
10,774
20 Obligations under leases and hlre purchase Contracts
Opeiating lease commitments
Total future minimum lease payments under non-cancellable operating lease5 are as follows..
2015
2024
Land ènd buildings
With1n one year
Between one and live years
11,400
12.950
11.400
24,349
24.350
35,749
The amount ol non-cancellable operating lease payments recognised as an expense during the year wa5
E13,58712024- £11.3501.
Included in the above is the lease for Church Hill which is occupied by rhe trading subsidiary Milford Millenium
Shop Limited for the purpose of trading.. and the rent. although paid by the parent Ih3rity The Milford
Millennium Hall and Community Centie is settled by inter-company ariangement by Milford Millenium Shop
Lirnited.
21 Pension and other schemes
Defined contfibution pension scheme
The charity operates a defined conlribution pension scheme. The pension cost charge lor the year represents
contribution5 payable by the charity to the siheme and amounted to £1.56712024 11,1991.
Page 22

The Milford Millenium Hall and Community Centre
Notes to the Financial Statement5 for the Year Ended 31 AuEUSt 2025 (continued)
22 Funds
B31ance at I
September
2024
Balance at
31 August
2025
Incoming
resource5
Resovrces
experlded
Transfers
Unrestricted funds
Generol
General fund
Bariy Phillips Memori31
Fund
751.043
276.555
1266,3531
20,CKM)
781.245
625
625
Zena Newbold Legacy Fund
John Simmon5 Legacy Fund
Church Hill Freehold Fund
7,164
20.1
7,164
120.IJ)01
70,(MXJ
70,000
778.832
346.555
1266.3531
859,034
Restricted fvnds
Building Fund
421.542
19,5rx)}
412.042
Total funds
1,2(KJ,374
346.555
1275,8531
1.271,076
Balance at I
September
Z023
Incoming
resources
Resources
expended
Balance at 31
August 2024
Unrestricted fund5
Gerieral fund
775.612
958
240.999
1265.5681
13331
751,043
Barry Phillips Memorial Fund
Zena Newbold Legacy Fund
Bar & Cale Refurbishmenl
625
7.164
15.(MX
500
7,164
1.423
116.4231
15Cx)I
Games Table
John Simmons Legacy Fund
20.¢XK>
20,000
799.234
262.422
1282.8241
778,832
Re5tfl£ted funds
Building Fund
431.042
19,5001
421,542
Total funds
1.230,276
262.422
1292,3241
1,200,374
Page 23

The Milford Millenium Hall and Community Centre
Notes to the Financial Statements for the Year Ended 31 August 2025 (continued)
22 Funds Icontinuedl
The specific purposes lor which the funds are ro be applied a￿ as follow5-
Barry Philips Memorial Fund De5ignBted for a specific purpose by the Trustees within the Youth Group not
being general iunning costs.
Zena Newbold Legacy Fund Designated for a specific purpose by the Trustees within the Youth Group not
being general running costs.
Bar & Café Refurbishment - Designated for a specific purpose by ihe Trustees lor refuibishment ol the Bar &
Calé.
Games Table Designed for a specific purpose by the Trustees for a Games Table.
john Simmons Legacy Fund - Designated for 3 specific purpose by the Trvstees for the audio visual project,
volunteer party and a plaque.
Church Hill Freehold Fund - Designated lor a specific purpose by the Trustee5 towards the purchase of the
freehold at Church Hill.
Restricted Fund The Building fund holds a proportion ol the value of the asset1£475.(MM)l and depreciation 15
charged proportionally into this fund ènnvally based on 50 year straight line method, against the building c05t.
(£9,500 per yearl
A transfer between the general fund and the John Simmons Legacy Fund has ￿£￿rred to recogni5e the
lullilment of the designation through the purchase ol fixed assets held vnthin the general fund.
23 Related party tiansactlons
During the year ended 31 August 2025. trustees donared a total of £69.(KKJ12024.. £nill without condit¥on5.
During the year ended 31 August 2025. the son of a TIu51ee was reimbursed £1,75212024..£1,7601 lor his role
as Bar Manager.
Included within debtor5 is an amount of E27.03212O24..E51.2841 owed by Milford Millenium Shop Limited, the
trading subsidiary.
During the year Milford Millenium Hall and Community Contre received donated surplus from the trading
subsidiary Milford Millenium Shop limited ol E43.84812024..£41.2401 urKSe¥ the deed ol covenant.
Page 24

The Milford Millenium Hall and Community Centre
Detailed Statement of Financial Activities for the Year Ended 31 August 2025
Total
2025
Total
2024
Income and Endowment5 from-
Donatioris and legacies lanalysed below)
Other trading activitie5 lanaly5ed below)
Investment income13naly5ed below)
Other income lanalysed below)
128.135
74,670
183,875
3.877
213,518
4.539
363
Total income
346.555
262,422
Expenditure on..
Raising lund5 lanalysed belowl
Charitable activitie5 lanalysed below)
187.7781
1188,0751
178,4321
1213,8921
Total expenditure
1275,8531
1292.3241
Net incomellexpenditurel
70,702
129,9021
Net movement in lund5
70.702
129.9021
Reconciliation of funds
Total funds brought forward
1,2CKJ,374
1.230,276
Total l(Jnds carried forward
1.271,076
1,200,374
This page does not loim part ol ihe statutory financia1 staiement5.
Page 25

The Milford Millenium Hall and Community Centre
Detailed Statement of Financial Activities for the Year Ended 31 August 2025 Icontinuedl
Total
2025
Total
2024
Donations und legocies
Appeals and donations
Donation from irading sub
Trusts and foundations
79,280
43,848
3,669
41,240
5,000
4.761
Gifi aid reclaimed
5.IK)7
128,135
54.670
Other troding octlvltles
Fundraising events
98.572
48.676
66,270
82,449
46,726
54,7(K)
Bar and cale
213,518
183,875
Investment income
Interest on cash deposits
4,539
3,877
4,539
3,877
Other Income
Other Income
363
363
Rolsinglund5
Purchases
187,7781
178,4321
187,7781
178,4321
Cljurituble activitte5
Rate5 and water
12.6931
111,3671
110,9941
17101
13,4921
15,2911
1421
18731
179,0891
11.8661
111,4511
18,7131
15671
14,0881
16,0281
17201
14511
177,2741
Insurance
Light and heat
Phone and internet
Advertising
Computer expense5
Stall training
Sundries
Wages and salaries
Stall NIC (Employersl
Staff pensions lemployersl
Accountancy and legal lees
Accountancy fees
11,5671
11,3991
11,9971
113,2671
112,6721
This page does not form part ol the statulory fina￿ ial 5taternent5.
Page 26

The Millord Millenium Hall and Community Centre
Detailed Statement of Financial Activities for the Year Ended 31 August 2025 Icontinuedl
Total
2025
Total
2024
Legal and professional lees
Rep3ir5 and mainte¥sanie
Allocated support costs
Depreciation ol tangible fixed assets
1241
117.4171
116.1(X)I
125,7311
142,7311
113.7041
129,6361
1188,0751
1213,8921
This page does not form parl ol the statutory linanchal 5t3tements.
Page 27