A]liance Francaise de Milion Keynes (A company Ilmlted by guarantee) Report and fin2neial statements for the year ¢ndwl 31 August 2024 Charity No: 1100092 Company No: 04765625 Alliance Franeaist de Mllton Keynes Contents Page No Charity R¢f¢r¢nce and Administrative tktails Trustees. Annual Report Independent Examiner's Report ststement of Financial Activities Balan¢e Sheet Note5 to th¢ Financial Statements 7-10 Page I A1112ntt Frntteatse de Milton Keynej Charity Reference and AdmlDtstrndve Detslls Chgrlty reglstr2tlon number: 1100092 Company regljtrntlon ttumber: 04765625 Trustees: L G Mynors- President R Fornian - Treasurcr AR Kaye K RI￿ar M T￿St¢henkOff R Whitehead S¢ern¢ary: K Kcillor Reglstered omee: 14 Market Square Stony Straiford Milion Keyn¢s MKII IBE Ac¢ountsnts: Messrs ClifTord Towers 9 Hi8h Street Siony Siratford Milton Keynes MKII IAA Governlng IDStrument: Memorandum and Articles of Association, dated 15th May 2003 Alliaiice Francaise (le Milton Ke}'ncs 'rru4tees' Annuxl Ileport for Ihe yi'ar ¢ii¢l¢'(131 Allkpust 2024 I'ci?orl £liid f1111( iicial sli( ieiiicnls for Ilic ycar cii(Icd 31 Aiigiiisl ?0?4. '1'lic Ii'usiees l)ave ¢)d<)i?Icd ilic provisioiiq ol. Ilic SiJtciiieiit of Ilecoiiiiiiciid¢d l)ra¢ii¢L {S1)I{I)I '"A¢¢oLiiiiiiig 11412024 ¢liiioiiiilc.d (() L58.075. 'l-Ii¢ 'l-ruslc¢s r¢g)Iil¢irly rcvi¢i¥ Ihe l¢v¢l of IL'scrvcs iii Ili¢ li&)Iil i)l-Ilic ¢xpccl¢d Icvcls of rL'vci)IlC (Iiid aic. Slrucluri,) Rovornancc and management 'I'riis(LCS £ll'L LILC(cd folloivii)b7 a ii'riltLii i)olicc coiifiriiiiiig? iliclt Ille pcrsoi) is ivilliiig lo staiid for Llcclioii. A l)Iilllll)Ill11 ol'iivci)ly aiid Iniiiiinum ol. four Irusl¢cs 15 prc%ci'ibcd iii Ilic iiicinoraiidlllii of assoLiatioi). l-liis rei)orl lias becn prepc2red iii a¢cordaiic¢ willi Ilic.spc¢ial provisioiis for sniall COliiP¢inics uiidcr l)Élrt I S ol. IIIL Coiiipaiii¢s Act ?OOC). I'l)e rcpon Iva5 IiPPI'OVLd by Il)e trustees 01) .lliid signcd oli Ilicii. bcliit Ir by.. K Kcillor Page 3 Independent Examlner's Report to tbe Trustees of Alll*nee FrAncalse de Mlltoll Keylles I report to the charity trustees on my examination of the accounts ofthe company for the year ended 31 August 2024 which are set out on page5 4 to l O. Respectlve responslbllltles of trustees And examlntr As the charity trustees of the company (and also its d]r￿[or5 for ihe purp05cs of company law) you are responsible for the preparntion of the accounts in accordance with the requirements of the Companies Acl 2006 ('the 2006 Act,). Having satisfied myself that the accounts of the company are not required to be audiied undcr Part 16 of the 2006 Act and are eligible for inde￿ndent examinaiion. I report in rcspect of my examination of your comparty's accounts as carricd out under scclion 145 of the Charities Act 2011 ('the 2011 Act,). In carrying out my examinalion I have followed the Direclions 8iven by th¢ Charity Commission under scction 145(5Xb) ofthe2011 Act Independent examlner'$ statement I have completed my cxamination. I confirni thal no maners have wme io my artention in conncclion with the examination giving me cause to believe ihai in any ma￿rial respeci: accounting records were not kepl in respeci of the company as r4uir¢d by section 386 of the 2006; or 2. the accounls do nol accord with those records. or the accounls do not comply with the accounting requirements of seclion 396 of the 2(K16 Act other than any rcquircment that the accounts give a 'tnR and fair view, which is noi a matter considcrcd as part of an independent examinaiion: or 4. the accounls have not been prcpared in accordance with the methods and principles of the Statement of Recommended Praclice for accounting and rep)rting by charities I have no concerns and have come across no other matters in ¢onne¢iion with the examination to which attention should be drawn in ihis report in order to cnable a proper understanding of the accounts to be reached. S G C ToweTY Cb4rtered Accountvdnt 9 HIEb Stony Stratford Mllton Keynes MKII IAA 0 6 MAY 2025 Pgge 4 Alliance Francaise d¢ Milton Keyne5 Statement of Financiwl Aetlvities (including summary income and expenditure account) for tbe year eDded 31 August 2024 Unr¢strlcted Funds- General fund 2024 2023 Notes Income Donydtions legacies Grant income IrAYestmenl Income Bank interest received Charitable activities Course fees Cour5e5 for companies One to one Conversation class Income from books Income from events DELF exams Other income Total 3.937 2.230 381 50 50,824 4,290 17,515 9,227 220 738 7,018 2.334 96.484 37,135 5.014 19,234 9.744 14 1,247 7,225 2,598 84,491 Expenditure Charilable activiti Tutor fees oirice salaries Premises ¢osts 0￿1CC repairs and equipment Insurance Events Printin& postage & stationery 44,975 13,196 4,800 2,158 284 2.931 415 40.852 11.932 4,700 3,800 262 2,457 358 F 11 Advertising Telephone Computer costs Books DELF exams Accountsn¢y fees Travelling Sundry expenses Total 1.205 492 2.852 1,768 3.157 3.248 242 976 82.699 1.413 ,033 2,955 888 3,785 3,570 903 979 79,887 Net incomtl(expenditure) 13.785 4,604 Net movement in funds Total funds brought fO￿llrd Totsl funds carried forward 13.785 44,290 58.075 4,604 39,686 44.290 The noles on pages 7 to l O fonn an integral part of these financial statements Page S Alllance Franciise de Mileon Keynes Balance sheet at 31 August 2024 2024 2023 Notes Currenl 4ssets Debtors Cash al bank 5.825 61.022 66.847 6.752 57,828 64,580 Credltors: amounts falllng due wlthln one year N¢¢ ¢urr¢n¢ 8s%ts 58,075 44,290 Net Assets 58.075 Fundj of the Charlty Unrestricted funds 58,075 44,290 Total funds io 44,290 For the year ending 31 August 2024 the company w85 entitled to exemption from audit under se￿10n 477 of the Companies Act 2006 relating to small Companies. Dircctor5' re5ponsibililics.' The members have not required the company 10 obiain an audit of its accounts for the year in question in accordance wilh seciion 476, The directors acknowledge their responsibilities for complying with the requirements of the Acl with respect to accounting records and the preparation of accounts. The notes on pages 7 to 10 forni an integral part of these financial statements Alliance FriinLaiye d¢ Milion Keynes 14#l#nce $hecl al 31 Auxus12U24 ILiinlinuL'd) l-licse accouiiis liavc bceii i)I'cparcd iii 11 ccoI'dui)Lc iilliil) Ilic si?ccial i)rovisioi)s of I'url 15 of Ilic Coiiipaiiies Ac(2006 relatii)gJ to sinc111 coilli)dlliCS. Tlic fiiidncicll slal¢m¢nls ivere api)rovcd by Ilic bo¢1rd ol I"ruslccs oli 01) Ilicir bcliaif b), t aiid sigi)ed 11 Formun- Tre K Keillor_ SLL'I'Lbtiiry Ile&Jistrulion iiunibcr Q4765625 I'he notes on pagcs 7 10 1 o forin ali iiilegi'c11 Piiri of tlicsc liiiancial siaien)cnis Page 7 Alllance FrAncAlse de Mllton Keynes Notes to the fjnanclal statements Y¢ar ended 31 August 2024 Summary of slgnlflcant accountlng pollcles General Inforn]atlon and bAsls of preparatlon Alliance Francaise de Milton Keynes is a company limited by guarantee in England and Wales. In the event of the charity being wound up, Ihe liability in respect of the guarantee is limited to £1 per member of ihe charity. The address ofthe registered O￿lCe is given in the charity inlomiation on ￿ge l of these financial ststements. The nature of the charity's operations and principal activities are to advance the education of the public ¢oncernin8 French language and culture. The charity ¢onstitules a public benefil enlity as defin¢d by FRS 102. The financial statements have been prepared in ac¢ordan¢e with Accountin8 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 issued in Oclober 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 201 l. the Companies Act 2006 and UK Generally Accepied Accountin8 Practiee. The Charity does nol in¢lude a cash flow slal¢ment on the 8round5 that it is applying FRS 102 Section l A, The financial statemcnis are prepared on A going concern hsis under the himorical cost convention, presented in sterling which is the funclional currency of the charity and rounded to the nearest £. The significAnt accounting policies applied in the preparaiion of Ihese finAn¢iAI staiemenls Are set out below. These policies have been con5islently applied to all years presented unless otherwise slated. Cash at bank Included in cash at bank is an amount held within a deposit account which bears inlerest. As this account grants instsnl access lo the trusl¢e5. this short tcnn. highly liquid inv¢stm¢ni has been included in cash at bank rather than being dis¢los¢d separately. Debtors and credliors reeelv2blelpayable wlthln one year Debtors and creditors with no slated interest rate and receivable or payable within one year are recorded at ir8ns8Ction price. Page 8 AIRiaDte Frgllcxbe de Mlltoll KeyDes Notes to the finaniial Jtatsments Year ended 31 Augujt 2024 Funds Unrestri¢ted funds are available for use at the discretion of th¢ trnstees in furtherancc of ihe general objc¢tives of the charity and which have not been designated for other purposes. Designat￿ funds Comprise unr¢stricled funds that have been set aside by the trustees for particular purposes. Restricted funds are funds which are lo be used in accordancc wilh Sp￿lfIC restrictions imposed by donors or which have been raised by the charity for particular purpose5. Income recognition All income is included in the SOFA when the charity becomes entitled io the resources, it is more likely than not that th¢ trustees will ￿Ctive the resources and.the monethry value can be measured with sufficient reliability. Expendlture recognldon All expenditure is accounted for on an accruals basis hnd has been Classified under headings that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties, it is probable that the settlement will be required and the amount of the obli8ation can be measured reliably. Page 9 Alliance Fran¢aise de Milton Keynes Note5 10 the financial ststements Year ended 31 August 2024 Payments to tru8¢ees The trustees aff not entitled to. nor did they receive. any remunernlion during the year. The trusiees may be reimbursed for travelling and other costs incurred by them on charity business but no such costs were reimbursed during the year. Staff costs and employee benefits The average monthly number of employees during the year was as follows: 2024 Number 2023 Nllmber Charitable activiti Management and administration The tot81 stsff ¢osts and employee benefits were &$ follows: 2024 2023 Wages and salaries Defined contribution pension Costs 12.993 203 13.196 11.766 166 11.932 No employee earned £60,OIXI or more. Fees for uamination of lh¢ a¢COUDts 2024 2023 Independent examiner's f Tax advisory fees 1.200 1,200 1.200 1.200 Debtora 2024 2023 Trade debtors PTepayments 5,825 6,752 5,825 6.752 Page 10 liaDce Francaise de Mil¢oD Keynes Notes to the finan¢i41 stal¢m¢nts Year ended 31 AuEILqt 2024 Credltors: Amounts due wiihin one year 2024 2023 Trade creditors Other taxes and social security costs Accruals & dcferffd income 809 500 .379 109 18,802 20.290 8.772 Delerred income In¢ome is deferred when fees have Ixen paid in advance and is then released to the a¢counis when the courses or classes take place. Unrejtrlcted funds General Funds Balance at I September 2023 Income Expenditure Balance at 31 August 2024 44.290 96,484 82.699 58.075 Re12ted partles During the year one of the trustee4 AR Kaye, was paid £4,800 for use of premises. 10. Anolysls of net ￿sets b¢tw¢en fynds Unrestrlcted funds GeDerAI fullds Net ¢urr¢nt assets 58.075