2025-03-31-accounts

Prlvate and Confidential MKCIL Ltd 330 Saxon Gate West Central Milton Keynes Milton Keynes MK9 2ES MHA The Pinnacle 150 Midsummer Boulevard Mitton Keynes MK9 1LZ To Whom it may concern CONFIRMATION OF REPRESENTATIONS We confirm to the best of our knowledge and belief that the following representations are made on the basis of having made appropriate enquiries of other directors and officials of the charity with relevant knowledge and expenence and. where appropriate, of inspection of supporting documentation sufficient to satisfy ourselves that, the following representations can be properly made to you in connection with your independent examinerfs report on the charity's financial statements for the year ended year end 31 March 2025: 1. General We have fulfilled our responsibilities as directors as set out in the terms of your engagement letter dated 1 December 2023 under the Companies Act 2006 for preparing financial ststements which give a true and fair view in accordance with United Kingdom Accounting Standards (UK Generalty Accepted Accounting Practice) (UK GAAP), including the Statement of Recommended Practice, 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS1021, issued by the joint SORP making body, and for making accurate representations to you. 2. The charity is entitled to exemption from audit and at no time during the year fell into an excluded category. We confirm that the members have not required the charity to obtain an audit of its financial statements for the financial year. 3. We acknowledge that the work perfomied by you is substantially less in scope that an audit performed in accordance with International Standards on Auditing (UK) and that you do not express an audit opinion. 4. We have made available to you all documents, including minutes of management meetings, necessary for your report. All the ¢harty's transactions have been properly reflected and recorded in the accounting records produced to you. We have not withheld any information, the knowledge of which would cause you to take a different view in your report. S. The financial statements are free of material misstatements, including omissions.

1. Internal control and fraud We acknowledge our responsibility for the design, implementation and maintenance of intemal control systems to prevent and detect fraud and error. We have disclosed to you the results of our assessment of the risk that the financial statements may be materially misstated as a result of fraud. We are not aware of any actual, suspected or alleged instances of fraud or irregularities affecting the charity involving management, employees who have a significant rose in internal control, volunteers or anyone else where the fraud or irregularities could have a material effect on the financial statements.
2. We confirm we have disclosed to you all information in relation to allegations of fraud or suspected fraud affecting the charity's financial statements communicated by current or former employees, analysts, regulators or others.
3. Going concern We believe that the charity's financial statements should be prepared on a going concern basis on the grounds that current and future sources offunding or support will be adequate for the charity's needs. We also confirm our plans for future action(s} required to enable the charity to continue as a going ¢on¢ern are feasible. We have considered a period of twelve months from the date of approval of the financial statements. We believe that no further disclosures relating to the Charity's ability to continue as a going Goncern need to be made in the financial statements. We are not aware of any material uncertainties or doubts aboLrt the 8bilty of the charity to continue as a 'going concern, for the foreseeable future.
4. Laws and regulatlons We are not aware of any events which involve possible non<ompliance with statute, regulations, contracts, agreements or the charity's constitution which might prejudice the charity's going concern status or that might result in the charity suffering signrficant penalties or other loss.
5. Assets and liabilities The charity has satisfactory title to all assets and there are no liens or encumbrances on the charity's assets, except for those that are disclosed in the notes to the financial statements.
6. We have recorded, as appropriate. all liabilities, both actual and contingent and have disclosed in the notes to the financial statements all guarantees that we have given to third parties.
7. We have no plans or intentions that may materially alter the carrying value and where relevant the fair value measurements or classification of assets and liabilities reflected in the financial statements.
8. Accountlng estimates The methods. data and significant assumptions used by us in making accounting estimates, and their related disclosures, are appropriate to achieve recognition, measurement and disclosure that is reasonable in the context of the UK GAAP financial reporting framework, including the Statement of Recommended Practice 'Charities SORP {FRS102) (second edition- October 2019), issued by the joint SORP making body.
9. Loans and arrangements with offlcers The charity has not granted any advances or credit facilities or made guarantees on behalf of directors or trustees other than those disclosed in the financial statements.

10. Legal claims All claims in connection with litigation that have been, or are expected to be, received have been properly accrued for in the financial statements.

11. Ultimate controlling party There is no ultimate controlling party.

12. Transactions with related parties Related paty relationships and transactions have been appropriately accounted for and disclosed in the financial statements. We have disclosed to you all relevant information concerning such relationships and transactions and are not aware of any other matters which require disclosure in order to comply with the requirements of the Companies Act 2006 or accounting standards.
13. Subsequent Events All events subsequent to the date of the financial statements which require adjustment or disclosure have been properly accounted for and disclosed.
14. Grants and donations All grants, donations and other income, the receipt of which is subject to specific terms or conditions, have been notified to you. There have been no breaches of terms or conditions during the period in the application of such income.
15. Electronic publication of accounts We do not intend to distribute or publish the financial statements in electronic form,
16. We confirm that the all of the restricted funds have been previously incorrectly classified and should have been classffied as designated funds. We therefore also confirm that this resulted in a material misststement in the prior year and that the accounts have been adjusted to reflect this. Yours farthfully Signed on behalf of the directors= Date of approval of accounts by Board..

Registered number.. 04391864 Charfty number: 1096402 MKCIL LIMITED (A company limited by guarantee) UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

MKCIL LIMITED (A company limited by guarantee) CONTENTS Page Reference and administrative details of the Company. its Trustees and advisers Trustees. report Independent examlner's report Ststsment of financial activities Balance sheet 9-10 Notss to the financial statements 11-22

MKCIL LIMITED (A company limited by guarantee) REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2025 Trustees Edith Dunse, Trustee Emie Boddington, Trustee Michaela Gallimore. Trustee Christine Checkley, Twstee (resigned 23 May 2024) Annette Holcroft. Trustee (resigned 23 May 2024) Jo Curtis. Chair (￿SIgned 26 October 2024) Wothaya Johnston. Trustee (resigned 14 February 2025) Company registered number 04391864 Charity registered number 1096402 Registered office 330 Saxon Gate West Central Milton Keynes Milton Keynes Buckinghamshire MK9 2ES Independent Examiner MHA Chartered Accountants The Pinnade 150 Midsummer Boulevard Milton Keynes MK9 1LZ Page 1

MKCIL UMITED (A company limited by guarantee) TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2025 The Trustees present their annual report together with the financial statements of the Company for the 1 April 2024 to 31 March 2025. The Annual report serves the purposes of both a Trustees, report and a directors, report under company law. The Trustees confirm that the Annual report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable companws governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities prepaiing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019). sin￿ the Company qualifies as small under section 382 of the Companies Act 2006, the Strategic report required of medium and large companies under the Companies Ad 2006 (Strategic Report and Directors, Report) Regulations 2013 has been omitted. Objectives and activitles a. Pollcles and obj•ctiv•s The Charity Commission website states that our activities include: To promote any charitable purpose for the benefit of disabled person, their families, carers, and other interested parties within the area by education, the protection of health, and the relief of sickness, distress and suffering. That our charty objects are.. To promote the relief of disabled people in any manner which now or hereafter may be deemed by law to be charitable in and around Milton Keynes. On a day-to4ay basis this means that MK CIL provides confidential, impartial and non-judgmental services to people with a disability, their friends, family members. carers and other professionals. The Charity works in partnership with other organisations, such as Milton Keynes City Council. Disability Information Advice and Milton Keynes Citizens Advice. In setting objectives and planning for activities. the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefrt= running a charity (PB2)°. b. Trustees, Staff and Volunteers MKCIL is governed by a Board of Trustees, who are all volunteers. They 8re elected by the members at the AGM. Board members are both charity trustees and company d1￿CtorS and have a legal responsibilty for the general and financial control and governance of MKCIL Ltd. Anyone using our services is invited to become a member of MKCIL. ¢. Staff Kim Bur¢hell Emma Laslett Administrator Beneffts Advisor Page 2

MKCIL UMITED (A company limited by guarantee) TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 ObJe¢tfves and activities (continued) d. Volunteers Our Volunteers all have experience of living with a disability or long-tenn health condition, and can provide a range of infomiation, advice and support. Bev Sabey Holley Johnston Jane Baines Jean Robertson Jenny Wheeley Katie Newland Lisa Bailey Maggie Ferguson Matthew Woodford Mike Hayward Oliver Stevenson-Hoare Peter Dunscombe Sophi8 Pond st8ph8n Joos Susan Tofts Tina Janecki Tony Sabey e. Westcroft Shop MKCIL are very grateful to Westcroft Community Shop, CIL benefrts greatty from shares of the proceeds with MK Samaritans. Huge thanks go to the Manager and Deputy Manager and ail the Volunteers for all their hard work, that enable CIL to deliver their much-needed services. Page 3

MKCIL UMITED IA company limited by guarantee) TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Icontinued) a. Main achievements of the Company This last year at MK CIL has been very busy, particularly with professional referrals. Also the need continues for our drop in setvice where people can just find a listening ear. We have updated our comprehensive leaflet library and information database to be able to accurately signpost people to available services. We remain open for 3 days a week. CIL has managed to recruit five new volunteers who have been a big help. One of them has taken over as the Volunteer Coordinator and has started a training programme for all staff and volunteers. CIL continues to see a lot of people with disabilities needing help to complete their disability benefit fomis i.e. PIP (Personal Independence P8yment), DLA (Disability Living Allowance), and AA (Attendance Allowance). We have one volunteer and one paid staff member trained to complete the forms and more volunteers in training, but there still is a waiting list. MK CIL is acttvely trying to recruit more Trustees as three is the legal minimum. Also, we need more volunteers. especially those who have benefit experiénce i.e. completing benefit fomis. Ernie Boddinston is working with Milton Keynes Cty Council on all aspects relating to accessibility. CIL continues to have the support of The Westcroft Community Shop for our funding. We are very grateful for all their efft)rts. CIL also receive funding from the MKCC for the secretariat of the DAG (Disabilty Advisory Group) and the OPB (Older Persons, Board). These are vital engagement groups which give older or disabled people a voic8 in service provision. This next year we will be focusing on further recruitment of volunteers and trustees and strengthening ties within the voluntary communty. Trustees. staff and volunteers are sad to announce the loss of founder member Christine Che¢kley on 26th August 2025, she was a great asset to the Disabled Community. Chris has fought hard for the rights of people with disabilities for more than 30 years. Financial Performance a. Flnancial Revi Incoming resources for the year We￿ £58,019 (2024: £88,102) as follows:. {a) Incoming resources from charitable activities has stayed the same (2024: decreased by £9,000) at £6,500 as detailed in note 4 to the financial statements. (b) Voluntary income decreased by £32,220 (2024.. increased by £30,665) to £32,871 as detailed in note 3 to the financial statements. (c) Other income increased by £1,965 (2024: increased by £2,762) to £15,969 as detailed in note 5 to the financial statements. (d) Included within other income is £15,636 {2024: £11,307) received from Room Hire. Page 4

MKCIL LIMITED (A company limited by guarantee) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 b. Reserves pollcy MKCIL needs to ensure that it keeps a minimum balance in reserve to cover all necessary costs, should it have to close down for any reason. The costs that need to be covered are:_ 1) Commitments concerning the premises such as putting the premises into the required condition, service charges and property management charges. 2) Salary costs - three months, salary. 3) Equipment rental. Based on the above, an amount of £75,000 is required. Unrestricted reseNes as at 31 March 2025 were £97,829. c. Going Concern After making appropriate enquiries, the Trustees have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable futur8. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies. Structure, governance and management . Constitution MKCIL Limited is registered as a charitable company limited by guarantee and was set up by a Trust deed. Page 5

MKCIL LIMITED (A company limited by guarantee) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Statement of Trustees. responsibilities The Trustees {who are also the directors of the Company for the purposes of company law) are responsible for preparing the Trustees, report and the financial statement5 in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the Trustees to prepare financial statements for each financial . Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Company and of its incoming resources and application of resources, including its income and expenditure. for that period. In preparing these financial statements, the Trustees are required to.. select suitable accounting policies and then apply them consistently- observe the methods and principles of the Charities SORP (FRS 102),. make judgements and accounting estimates that are reasonable and prudent., state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departu￿$ disclosed and explained in the financial statements., prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business. The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Companvs transactions and disclose with reasonable accuracy at any time the financial position of the Company and enable them to ensure that the financial statements Comply with the Companies Act 2006. They a￿ also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by order of the members of the board of Trustees and signed on their behalf by.. Edith Dunse Secretary Mlcha8la Gallimore Trustee Date: o3.ia 203 Page 6

MKCIL LIMITED (A company limited by guarantee) INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2025 Independent examinorfs report to the Trustees of MKCIL Llmlted {'the Company.) I report to the charity Trustees on my examination of the accounts of the Company for the year ended 31 March 2025. Responsibilities and basis of report As the Trustees of the Company (and its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (Yhe 2006 Acr). Having satisfied myself that the accounts of the Company are not required to bo audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the Companls accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act,). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. Independent examlnerfs statement I have completed my examination. I confimi that no matters have come to my attention in connection with the examination giving me cause to believe: accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act: or the accounts do not accord with those records. or the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a Irue and fairf view which is not a matter considered as part of an independent examination., or the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by chariti8s [appli¢able to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)]. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding o* the accounts to be reached. This report is made solely to the Companys Trustees, as a body, in accordance with Part 4 of the Charities {A¢¢ounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Companls Trustees those matters l am required to stste to them in an Independent examinerfs report and for no other purpose. To the fullest exient permitted by law, I do not accept or assume responsibility to anyone other than the Company and the Company's Trustees as a body. for my work or for this report. Signed: Elizabeth Newell BA {Hons) FCA MHA Charte￿d Accountants Milton Keynes Dated: MHA is the trading name of MHA Audit Services LLP, a limited liabilty partnership in England and Wales (registered number OC4555421. Page 7

MKCIL LIMITED (A company limited by guarantee) STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2025 Unrestricted funds 2025 Total funds 2025 Total funds 2024 Note Income from: Donations and legacies Charitable activrties 32.871 32,871 6,500 15,969 2,679 65,091 other trading activities Investments 15,969 2,679 14,004 2,507 Total income $8,019 58,019 88, 102 Expenditure on: Charitable activities 70.500 70,500 53,531 Total expenditure 70,500 70,500 53,531 Net movement in funds (12,481} (12,481) 34.571 Reconciliation of funds: Total funds brought forward Net movement in funds 110.310 (12,481) 110.310 (12.481) 75, 739 34,571 Total funds carrled forward 97.829 97,829 110,310 The Statement of financial activities includes all gains and losses recognised in the year. The notes on pages 11 to 22 form part of these financial statements. Page 8

MKCIL LIMITED (A company limited by guarantee) REGISTERED NUMBER: 04391864 BALANCE SHEET AS AT 31 MARCH 2025 2025 2024 Note Fixed assets Tangible assets Investments 12 13 998 2,253 1,001 2,256 Current assets Debtors Cash at bank and in hand 14 10,679 102,061 22. 792 118,206 112,740 140,998 Current liabtlities Creditors: amounts falling due within one year 15 {15,912) (32,944) Net currnnt assets 96,828 108,054 Totsl assets less current liabilities 97,829 110,310 Net assets excludlng pension asset 97,829 110,310 Total net assets 97,829 110,310 Charity funds Restricted funds Unrestricted funds 17 17 97.829 110,310 Total funds 97.829 110,310 Page 9

MKCIL LIMITED (A company limited by guarantee) REGISTERED NUMBER: 04391864 BALANCE SHEET ICONTINUED) AS AT 31 MARCH 2025 The Company was entitled to exemption from audit under section 4TT of the Companies Act 2006. The members have not required the company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006. The Trustees 8cknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial ststements. The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime. The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by: Edlth Dunse Secretary Date.. Michaela Gallimora Trustee oa_ 12_ 20 The notes on pages 11 to 22 fomi part of these financial statements. Page 10

MKCIL LIMITED (A company Ilmlted by guarantse) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 General information MKCIL Limited is a private company limited by guarantee incorporated in England and Wales. The registered office is 330 Saxon Gate West, Milton Keynes, MK9 2ES. Accounting policies 2.1 Basls of preparation of financial ststements The financial statements have been prepared in accordance with the Charities SORP (FRS 102) Accounting and Reporting by Charities- Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) and the Companies Act 2006. MKCIL Limited meets the definition of a public benefit entty under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otheNise stated in the relevant accounting policy. 2.2 Income All income is recognised once the Company has entrtlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. The recognition of income from legacies is dependent on establishing entitlement, the probability of receipt and the ability to estimate with sufficient accuracy the amount receivable. Evidence of entitlement to a legacy exists when the Company has sufficient evidence that a gift has been left to them (through knowledge of the existence of a valid will and the death of the benefactor) and the executor is satisfied that the property in question will not be required to satisfy claims in the estste. Receipt of a legacy must be recognised when it is probable that it will be received and the fair value of the amount receivable, which will generally be the expected cash amount to be distributed to the Company. can be reliably measured. Grants are included in the Statement of financial activities on a receivable basis. The balan￿ of income received for speGific purposes but not expended during the period is shown in the relevant funds on the Balance sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued. Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable. Page 11

MKCIL LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies (continued) 2.3 Expenditure Expenditure is recognised once there is a legal or constructive obligation to transfer economi¢ benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is cLqssified by activity. The costs of each actrvty are made up of the total of direct costs and shared costs. including support costs invofved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned be￿een those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset's use. Expenditure on charitable adivities is incurred on directly undertaking the activ((ies which further the Company's objectives, as well as any associated support costs. All expenditure is inclusive of irrecoverable VAT. 2.4 Government grants Government grants relating to tangible fixed assets are treated as deferred income and released to the Statement of financial activrties upon the completion of the relevant performance-related nditions. Other grants that are not subject to performance-related conditions are credited to the Statement of financial activities as the grant proceeds are received. Grants ￿ceiVed prior to the revenue recognition criteria being satisfied are recognised as a liability. 2.S Interest receivable Interest on funds held on deposit is induded when receivable and the amount can be measured reliably by the Company. this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited. 2.6 Tangible fixed assets and depreciation Tangible fixed assets costing £NIL or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably. Tangible fixed assets are initialty recognised at cost. After recognition, under the cost model. tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost. Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimat8d useful lives, using the Straight-line method. Depreciation is provided on the following basis: Office equipment Computer equipment 200A straight line method 200/0 Straight lin8 method Page 12

MKCIL LIMITED {A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies (continued) 2.7 Investments Fixed asset investments are a form of financial instrument and are initially recognised at their transaction cost and subsequently measured at fair value at the Balan¢e sheet date, unless the value cannot be measured reliably in which case it is measured at cost less impairment. Investment gains and losses, whether realised or unrealised, are combined and presented as 'Gainsl(Losses) on investments. in the Statement of financial activities. Investrnents in associates are stated at the amount of the Companls share of net assets. The Statement of financial activities includes the Companrfs share of the associated companies, net income or expenditure using the equity accounting basis. As the associate is a charity. the investment is presented within restricted funds. 2.8 Debtors Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. 2.9 Cash at bank and in hand Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. 2.10 Llabllltles and provlslons Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefft will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the Company anticipates it will pay to settle the debt or the amount it ha5 received as advanced pa￿nentS for the goods or services it must provide. Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost. 2.11 Financial instruments The Company only has finan¢ial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method. 2.12 Operatlng leases Rentals paid under operating leases are charged to the Statement of financial activities on a straight line basis over the lease term. Page 13

MKCIL LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Incorne from donations and legacies Unrestrfcted funds 2025 Total funds 2025 Total funds 2024 Westcroft Charty Shop Donations and gifts Grant income 20,000 2,871 10,000 20.000 2,871 10.000 51,033 4,058 10,000 32,871 32,871 65,091 Total 2024 65,091 65,091 Income from charitable activities Unrestricted funds 2025 Total funds 2025 Tot81 fvnds 2024 MK Council Support and Advice 6,51JO 6.500 Total 2024 Page 14

MKCIL LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Income from other trading activities Income from fundraising events Unrestricted funds 2025 Total funds 2025 Total funds 2024 Letting and licensing arrangements Trading activity income: Radar keys. Disability Awareness Courses, Access Issues Audit and Service User Recruitment 15.636 15,636 11,307 333 333 2, 697 15,969 15,969 14,004 Total 2024 14,004 14,004 Investment income Unrestrictsd funds 2025 Total funds 2025 Total funds 2024 Interest receivable 2,679 2,679 2,507 Total 2024 2,507 2, 507 Page 15

MKCIL LIMITED (A company Ilmlted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Analysis of expendtture on charitable activities Summary by fund type Unrestricted funds 2025 Total 2025 Total 2024 Support services Administration staff costs Property service charges and room rental Depre¢iation IT support Promotional literature Property and equipment repairs Volunteer related expenses 139 7,885 26,545 18,413 1.255 3,651 581 622 628 10.117 664 139 7.885 26,545 18,413 1,255 3,651 581 622 8,958 28.667 (2,201) 1,394 3,921 237 193 1, 190 10,604 564 4• 628 10.117 664 Accountancy Telephone 70,500 70,500 53,531 Total 2024 53,531 53,531 Page 16

MKCIL UMITED IA company Ilmited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Anatysis of expenditure by activlties Activities undertaken directly 2025 Support costs 2025 Total funds 2025 Total funds 2024 Support services Administration Staff costs Property se￿1￿ charges and room rental Depreciation IT support Promotional literature Propety and equipment repairs Volunteer related expenses Accountancy Telephone [phone],545 18,413 1,255 3.651 581 622 628 10.117 664 7.885 26,545 18.413 1,256 3,651 581 622 628 10,117 664 8.958 28.667 (2, 201) 1,394 3,921 237 193 1, 190 10,604 70.361 139 70.500 53,531 Total 2024 53.527 53,531 Independent examlnerfs remuneratlon 202S 2024 Fees payable for the independent examination of the CoMpan￿S annual accounts 3,465 3,300 10. Staff costs 2025 2024 Wages and salaries. staff refreshments and travel costs 26,545 28,667 Page 17

MKCIL UMITED IA company limit8d by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 10. Staff costs (continued) The average number of persons employed by the Company during the year was as follows: 2025 No. 2024 No. Employees No employee received remuneration amounting to more than £60,000 in either year. 11. Trustees, remuneratlon and expenses During the year. no Trustees received any remuneration or other benefits (2024 - £NIL). During the year ended 31 March 2025. travel expenses totalling £434 were reimbursed or paid directly to 2 Trustees {2024'. £663 to Trustees for travel expenses). 12. Tangible fixed assets Office Computer equlpment equipment Total Cost At 1 April 2024 2,083 6.656 8,739 At 31 March 2025 2,083 6,656 8,739 Depreciatlon At 1 April 2024 Charge for the year 1.764 130 4,722 1,125 6,486 1.255 At 31 March 2025 1,894 5.847 7,741 Net book value At 31 March 2025 189 809 998 At 31 March 2024 319 1.934 2,253 Page 18

MKCIL LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 13. Fixad asset investments Other Investments Cost or valuatlon At 1 April 2024 At 31 March 2025 Net book value At 31 March 2025 At 31 March 2024 Prlnclpal associates The following was an associate of the Company. The company holds 500/0 of the shares of MK Community Shop (WestGroft) Limited, an associated company. MK Community Shop (Westcroft) Limited's sole purpose is to generate funds from the charity shop it operates, for the benefrt of the two charity shareholders. During the year MKCIL Limited received £20,000 (2024: £51.033) of donations. 14. Debtors 2025 2024 Due within on6 year Trade debtors Other debtors Prepayments and accrued income 4.276 595 13.118 9,079 6,403 10.679 22, 792 Page 19

MKCIL UMITED IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 15. Credltors: Amounts falllng due wlthln one year 2025 2024 Trade creditors other taxation and social security Other creditors Accruals and deferred income 11.524 135 24,719 3, 688 3,983 4,250 15,912 32, 944 16. Financial instruments 2025 2024 Financial assets Financial assets measured at fair value through income and expenditure 102,061 118,206 Page 20

MKCIL LIMITED (A company Ilmlted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 17. Ststement of funds Balance at 31 March 2025 Balance at 1 April 2024 Income Expenditure Unrestricted funds Designated funds Access Audit Transport and Access Group Hard of Hearing Group MK Community Foundation Disability Strategy 6,S86 14,669 3,030 665 6,586 14,669 3,030 318 (347) 3.333 3.333 28.283 1347) 27.936 Access Audit Trdnsport and Access Group Hard of Hearing - The group closed and the donated remaining funds to MK CIL to continue our work on Disability. MK Foundation - Provided fi'nancial support to facilitate the purchase of new laptops. The full grant has been utilised and laptops were capitalised, the costs being allocated against the fund is the depreciation associated with the laptops. Disability Stratergy - Provision of support from Milton Keynes Centre for Integrated Living to the Development and Implementation of MKC Physical and Sensory Disabilty Strategy. General funds General Funds 82.027 $8,019 (70,153) 69.893 Totsl Unrestrlcted funds 110,310 S8,019 (70,500) 97,829 Page 21

MKCIL LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 18. Summary of funds Balance at 31 March 2025 Balanc• at 1 Aprll 2024 Income Expenditure Designated funds General funds 28,283 82.027 (347 170.153) 27,936 69.893 58,019 110.310 58,019 (70.500) 97.829 19. Analysis of net assets between funds Unrestricted funds 2025 Total funds 2025 Tangible fixed assets Fixed asset investments Current assets Creditors due within one year 998 998 112,740 (15,912) 112.740 {15.912) Total 97,829 97,829 20. Related party transactions Please see detail under Note 13. Page 22