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.

6. 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.
7. 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.
8. 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.
9. 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.
10. 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.
11. 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.
12. 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.
13. 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.
14. 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.
15. 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.

16. Ultimate controlling party
There is no ultimate controlling party.
17. 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.
18. Subsequent Events
All events subsequent to the date of the financial statements which require adjustment or
disclosure have been properly accounted for and disclosed.
19. 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.
20. Electronic publication of accounts
We do not intend to distribute or publish the financial statements in electronic form,
21. 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
139
139
7.885
26,545
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