REGisfERED COMPANY NUMBER.. 057x1052 IEnglgnd gnd Wales) REGISTERED CHARITY NUMBER: 1118115 REPORT OF THE TRUSTEES AND UNAUDrrED FINANCIAL STATEMELYr THE YE DED CH C B Heslop And Company Limited Chartejyd Accountants l High Strtet ThCha Betks RG193JG
MIL RD PKUCHOOL PLUS LIMIIED coiYrEIYT F THE FINANCIAL STATEMENTS r ended I AUGUST 2 Page Rwrt oftheTrnstees 1DdepthdeDtExatllilles Rwrt Statem¢n¢ of Financial Activitits B*lance Sheet Note5 to the FinaDcial Ststements 6 to 11 Detailed Ststement of FiniDCi81 ActiTrities 12
MILFORD PRHOOL PLUS LlhfrfED REPORT OF THE TRUSTEES forthe rended 31 AUGUST 21125 The ITUStees who 8JY also dirtttot3 of the ehaTity for the pur of ihe Companies Ad 2006, present their rert with the fi1CIal stat¢m¢nts of the charity for the ye&r ended 31 August 2025. The tystees have adopted the provisions of Ae¢ounting and Reporting by Charities.. Stakn¢nt of Recommended Practice applieoble to ¢haTities preparin8 their accouiits in accordance with the FiTraA¢i RertIng Standard applicAble in the LfK and Republic of IrelaJ¥J (FRS 102) (efftctive l January 2019). Objectives And Alms Th¢ object of the charity is to provide high quality. affordable ¢Are and educ*ion to children aged 2 years 9 nK)tth to I l years in a safe. secure and stimulating cnvironment. Significant #c¢ivitit8 Thernain activities of the charity are to p)Vide pre-sdwl. after school club and holiday club. Publie benefit Th¢ trustees tonfjnn that they have referred to the guidance contained in the Charity Commission'$ 8¢n¢r81 guidaJKe on publi¢ b¢nefit whelt reviewing the charity's aim5 and cd)jeaiYes and in planning further activities. ACHIEVEMEf4TS AND PERFORMANCE Ch#ritsble Adivities The tharity has continued to provide affordable Care and ducation to Children aged from 2 years 9 rnthS to i l years and to do so in a safe, gtture a1 stimulating eDvironm¢nt. STRucfuRE, GOVERNANCE ATID MANAGEMENT Governing document The chariiy is cotrtrolled by its govemiTh8 thcumenL a deed of tr54 and constitutes a limited COTnpllny. limitwj by guwxntee. &s defined by the Companies Aa 2006. REWERENCE AND ADMINISTRATIVE DETAILS Registered Compwny numbeT 05730052 (Englartd and Wales) istered Charity ttumbtr Registered offte¢ Lymington Road Milford on S Hampshire S041 ORF Trustees R B Macdonald (Kqigned 9.2.2026) R C Jxkson V Gibbs A Parsons H Darbi5hi C Phillips lapkKkinted 8.1.2025) Independtnt Examiner N REV¢ FCA C B H¢slop And Colnpany Limited Chartered Accountants l Fbgh Srreet Thatcham Berks RG193JG
MILFORD P HOOL PLUS LIMITED RTOFTHE or the ear ended GU Ipl.<J.5./zo4....... ApptDved by ord¢rof the board of trust¢es on..... ., . . and on ils behalf by: Page 2
INDEPENDENf E_XAMJNER'S REPORT TO THE TRUSTEES OF MILFORD PRE4CH OL PLUS LIMrrED Independent examiTr¢r'$ reportto the trustees of Milford PreThSchool Plus Limil¢d I'¢be Company.) I reportto the charity uustet5 on my examination of the accounts of the Compathy forthe year ended 31 August 2025. Responslbilitie5 basis of Teport As the charity's tJvst¢es of the Company (and al80 its d1crS for the ]xIose5 of company law) you are resportsible for the preparntion ofthe accounts in accordanee with the requiTem¢nts of the Companie5 AL% 2006 Vth¢ 2006 AcV}. Having sisfied myself that th¢ a¢counts of the Company noi required to be audited under Part 16 of the 2006 Act and ar¢ eliwble for iT)deperLdent examinatioffj I rep)rt in rcspect of my examinlon of your charity's a¢counts as carri&l out under Seetion 145 of the Charities Act 2011 {Ihe 2011 Act.). In carying out my examination I have followed th¢ D]rtionS given by the Charity Cornmission under Srctron 145(5) (b}of the 2011 Act. Ind¢p¢ndent examin¢Vs ststement Since your charity's 0$S in¢ome exceeded £250,000 your examiner mLst b¢ a member of * listed I. I can ¢onfirni that l am qualified to und¢rt3ke the exaMItion b¢caus¢ l am a member of the Institute of Chartered Accountants in England and Wales, which is on¢ of the listed bodtes. I haye completed my examination. I confirni that my1tt5 have come to my tention in ¢wImtIOn with the examination giving me ¢au5e to believe.. accounting rOrd$Were not kept in reect0f th¢ Company as required by Section 386 of the 2006 Act. or th¢ aw)unts do not accord with those r¢cords; or the account5 do noi comply with the accounting wiremenis of Section 396 of the 2W6 Act other than any requiTement that the accounts give a and fair view which is not & matter cimsidered as part of an independent examination. or the aco)unts have not prepartd in accordance with the m¢th(ds gnd principles gf the Sthtement of Recommended Practice for accounting and reporting by charitic5 (applicable to charities preparing their acc(x]nts in acwrdance with the Finsncial ReFthing Standard applicable in the UK and Rq)ublic of Ireland IFRS 102)). I have no con¢ems and have come acn)S5 no other matters in eonnedion with the examination to Fthith attltiOn should be drawn in this report in order to enable a pmper understanding ofthe aoUllts be reached. N Rivers FCA C B Heslop And Company Limited Ch8rt¢red Accountants l High Sircet Thal¢ham Bed(s RG19 3JG Date. ..2.q l.o.s..1.20 2L Pag¢ 3
MILFORD PRHOOL PLUS LIMrrED srATEMEp¥r forthe F FINAIYCIALACTIVITIES sr 2(J25 31.8.25 Totsi ffjjnds 31.8.24 To] fimds UnTE5tri¢tal Restrirfed fund funds Notts INCOME AND EI¥DOWMENTS FROM t%)nation5 and lewdCiCS 253329 253,329 254J05 Other traditig activities Investmeot itKome 6,659 3270 6.659 3270 12,460 3.072 Totsl 263,258 263,258 269,837 EXPENDITURE ON Raising fi]nds 247.720 247,720 236,142 IYET INCOME 15.538 15,538 33,695 REC0cLIATIoN OF FUNDS Total funds broughi forward 180,477 180,477 146,782 TOTAL FUNDS CARRIED FORWARD 196,015 196,015 180,477 The notrs forni part of these financial sta¢em¢5Jts Pag¢ 4
FORD P PLUSLIMITE 3IAUGUST 21125 31.8.25 Totsl 31.8.24 Totsl Unrestricted Restrieted No¢¢$ FIJED ASSETS Tangiblc lqscts 5J53 5.353 3.442 10 643 7.188 216,364 64J 7.188 216J64 Debto C&sh at Fmnk aod in bamd 183,589 224.195 224.195 183.589 CREDITORS A)ts fduing due within one yr J2 (33533) 33.533) 16J54) NET CURRENT A&SETS 190.662 190,662 177,035 TOTAL ASSETS CURIiENr LJABILITIES 196.015 J96,015 180.477 NET ASSETS 196.015 196.015 180.477 13 Unr&stric*d funds 196,015 180.477 196,015 180,477 The ¢Iatable eompany is entitled to exett4Jtion fJvm awjii under S¢rtioll 477 of the Co[twani Act 2006 for the yeor ended 31 Au8USt 2025. The memttrs bave not requirol th¢ company to obtain an audit of its fthancial slatcrnents for the y¢#r ended 31 Awt 2025 illacd with Section 476 of the Comparucs Act 2¢J)6. The ttvstees acknowledg¢ their responsibilities for (a) ejtsuring thai the charitable company key accouttttD8 recor& that comply with SedTons 386 and 387 of the Companies Act 2006 and preparing financial statements whieh give a t and fair view of the state of affatrs of the charitsble company as at the end of each financial year and of its surplus or deficit foT each financial y¢gr in cOrdInfX wth tb¢ requirements of Stttions 194 and 395 and which otherwi5¢ ¢¢)rnply with the Tequirem¢nts of ts Conwanies Act 2006 relating to finan¢ial stst¢ments. so far as app]i¢able to the charit&ble company. (b) These financial stalemEnts hav¢ been pwwed in accordance with thE prnvisis)ns applicable to clwstable cornpanies bjettto the srTMII conwte5 regime. ctal statrments wcre aForov¢d by thc Board of TeeS and authorised ftt issue Jld signed on its bf by: A Pa08. TNstee Tr foDn part Oft1 fLllawial statements Page 5
MILFORD PRE-SCHOOL PLUS LIMwfED NOTES TO THE FINAf4ciAL STATEMENIS r ended 31 AUGUST 2023 ACCOU]YTING POLICIES BASIS of prepAritig the Ilnaneil $tstements The fu)Cial stat¢ments of the Charitable compony, whieh 15 a publi¢ benefit entity un(kr FRS 102, have been prepared in accordanc¢ with the Charities SORP (FRS 102) 'Accounting and Repx)rting by ChitieS.. Ststement of Recomrnejkled Practice applicable to chariti¢s prepwing their accounts in accordance Mryth the Finw)¢ial R¢p)ning Standard app]lble in the UK and Republi¢ of Iland {FRS 102) (effective l January 2019}', Financial R¢p)rting Stsndajxl 102 Fin8ncial Rew)rting Standard p]iCable in the UK ¥nd Republic of IJYland' and th¢ Companies Act 2006. The flnancial ststemenis hav¢ be¢n prepared under the historical cost convention. ID¢ome All income 1$ reCOlS¢d in the sement of FiT]ancial Activities once the charity has entitlernent to the fund5, it is probable that the InMe will be received and the &mot can b¢ measured reliably. E%pend5ture LiabilitLeS are r¢cognistd &$ expenditUTe as as there is a le8al or wnstruetive obligation committing the charity to that eXpendIre, it is probable thai a transfer of eo)nomic benefits will be required in settlema]t and the amount of the obligation can be me&sured Yeliably. Expendituff is Count£d for on an ac¢rua]s b&%is and has been classified under headings that aggregate all c05t related to the cate80ry. Mlhar costs can[1 be directly aÈtiibuted to particular headings they have been a]located to activities on a basis consisient with the use of T&rtgible fixed assets DeprecialK)n is Provid at th¢ following at)nuai rntes in order to write off each asset over its estitnated usefu] life. Fixtyr¢s aThJ fittÉn8S Straight line over 3 years Stocks are valued * the lower of cost and net realisable valu4 8fter making due all(aTr¢¢ for obsolete slow movin¥ items. Taiatio 'The ch8rity 1$ exempt from ¢orwration t&x on its charitable activities. FllTrd 8ccounting Unrestricted funds can used in accordance wtth the Chitable objtttives * the dis¢retion of the trues. Restriaed FU15 can only be used for parti¢ular restricted purp)ses wtthin the obje¢is of thc charity. Restiyctions ar4 when sp¢¢ified by the donoror when fijnds aye raised for particular restricted purtx)s¢s. Further exPlanlon ofthe natur¢ and of exh fimd is included in the notes to the financia] stattments. Hire PUTthase xrtd le45ing committnetsts Rents]s paid under L)perating leas are charged to the Statement of Fin9claI AditieS on & straÉ8ht line basis ov¢rthe peri(xl of the lease. Pensll costs •nd other $t-retir¢ffi¢nt benefits The charitsble company operates a defined contiibuth)n pension scheme. c.ontributions payable to the charitable ¢ornpany's pension herne are charged to the Staiemenl of Ftnan¢ial ActiYiti¢s in the period to which they late. Page 6 ¢ontinued...
MILFORD PRE4CHOOL PLUS LIMfrED OTES TO THE FINAN IAL STATEMENTS- continlled ded 31 T202 OTHER TRADING ACTIVITIES 31.8.25 31.8.24 Fundraising ¢ts 6,659 12.460 INVESTMENT INCOME 31.8.25 31.8.24 Depc6it accouttt intcr¢5¢ 3.270 3,072 RAISING FUNDS R*islng donAtioA5 8nd leg•¢i 31.8.25 31.8.24 StAff costs Trnining Costs Operatin8 Expenses Reitment & Web site ¢osts Support cost5 140,898 1.767 38255 577 66,223 72,304 885 45,012 469 117,472 247,720 236,142 NET INCOMEI{EXPENDITURE) Net incomel(expenditur¢) is stated after chargin(CredItIng). 31.8.25 31.8.24 Depr¢¢iation- owned ets Training CA)5ts (tIng Expense5 4,615 1,767 38.755 2.640 885 45,486 TRUSTEFS, REMUNERATION AND BENEFll3 were no tNstces' remun¢ration or other benefits for the yw ended 31 A881 2025 nor for the year e 31 AugLLSt 2024. Trust¢es' expenses Th¢r¢ were tru%tees' en$¢$ paid for the yw ended 31 August 2025 n¢x for the year ended 31 Au8LLSt 2024. Page 7 continued...
MILFORD PRE-ScHL PI,US LIMrrED NOTES TO THE FINANCIAL STATEMEN 1125 - continued STAFF COSTS The average monthly nUmof ¢mpk)y¢es during the yearwas &5 foll(ws: 31.8.25 31.8.24 12 Staff No tmploye¢s rtteivcd emolumeDts in ¢xc¢ss of £60,000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fwid Restri¢i¢d fund5 Total funds INCOME AND ENDOWMENIS FROM Donions and legaGi¢5 254J05 254,305 (Xher dIng a¢tivitie5 Inve5knent income 11460 3,072 12,460 3.072 Totsl 269,837 269,837 EXPENDITURE or4 Raisittg furtd5 236,142 236,142 NET INCOME 33,695 33.695 RECOTrICILIATION OF FUNDS Total funds brought fonvard 146,782 146,782 TOTAL Fuf4DS CARIUED FORWARD 180,477 180.477 Page 8 continued...
MILFORD PRE-SCHOOL PLUS LIMITED NOTES TO THE FINANCIAL NTS-e TANGIBLE FIXED ASSETS Fixtures and fittings COST Al I Septernb¢r 2024 Additions DisFosals 8.445 6.926 (1,513) Al 31 August 2025 13,858 DEPRECIATION At I Sep*mber 2024 Charge for y¢ar Eliminaied on di5wysal 5,003 4.615 A131 Aw2025 8,505 NET BK VALUE At 31 Aust 2025 5,353 At31 AW2024 3.442 ID. srocKS 31.8.25 31.8.24 Stocks 643 ii. DEBTORS: AMOUIYTS FALLING DUF. WITHIN ONE YEAR 31.825 31.8.24 Trade debt(ws Other debtots Prepayments and accrued InMe 15431 5.021 2,710 7,188 Page 9 o)nlinued...
MILFORD PRHOOL PLUS LIMITED NOTES ANCI TEMEE - contln 31A AI CREDITORS.. AMouTrrfs FALLING DUE WITHIJ¥ ONE YEAR 31.8.25 31.8.24 Trade ¢reditOT5 &)cial security and otherlaxes Other creditors Deferred incom¢ ACcnd expenses 1492 5.432 7,410 13,000 3,199 4.925 1.629 6,554 13. MOVEMENf IN FUNDS Net movemeJJt in funds At 31.8.25 At 1.9.24 Unrestricted funds Genttal fund 180,477 15538 196,015 TOTAL FUNDS 180,477 15,538 196,015 Net movement in fund& included in the above are 18 follows: Movemenl in funds sources expended Unrestrieted funds General fund 263258 (247,720) 15,538 TOTAL Fu[S 263,258 (247.720) 15,538 CIMnporatives for movement in hnds Net movement in funds At 31.8.24 At 1.9.23 Unrestricted fll General fimd 146.782 33,695 180,477 TOTAL FUNDS 146,782 33.695 180,477 Page 10 tinued...
MILFORD PRESCHOOL PLUS LiMITED NOTES TO THE FINANCIAL sfATEMENTS- c•ntin¥ed forthe 13. MOVEMEprf IN FUNDS- compa1ve net movement in fund& includ¢d in the above are &$ follows: Incoming Movement in fund5 txpend¢d Unre51ricted fun(is General fimd 269,837 (236,142) 33.695 TOTAL FINNDS 269.837 (236.142) 33.695 A currenl year12 months and prYear 12 month5 wmbined p)5ition is as follows: Net movement in funds At 31.8.25 At 1.9.23 Unr¢striettyJ funds General fimd 146,782 49233 196.015 TOTAL FUNDS 146.782 49233 196,015 A ¢llent year 12 months and prior year 12 nK)nths combined net mov¢ment in funds. included tn the above are as follows: Incomit)g r¢sourc¢s Resources expended Movement in funds Unrestrkted funth General fimd 533,095 1483.862) 49233 TOTAL FUNDS 533,095 (483,862) 49,233 14. RELATED PARTY DISCU)SURES There we]r no Telated paty transactio forthe yearended 31 AugLLSt 2025. Pag¢ll
MILFORD PRE-SCHOOL PLUS LIMITED DETAILED STATEMEiYf OF FINAIYCIAL AcrivrriES 2025 31.8.25 31.8.24 INCOME AND ENDOWMENIS Dongtions and leRaeies Subscriptions 253329 254.305 Othertroding *etiiities Fvndraising events 6.659 12.460 InvestN)ent iDcom¢ Deposit account interest 3,270 3,072 Totsl Incornig res0re¢S 263,258 269,837 ExpEf4DTfuRE RBi$ing dollatlons legacies Wages Trwning Costs Operatiiig Expenses Re¢mi¢meni & Web site costs 140.898 1,767 38,255 577 72J04 885 45,012 469 181.497 118,670 pport costs Management Wages Social security PetLsitsns Cleaning & Kitchen Reni Insurdnce, Fees & Subscription Light and heat T¢lephon¢ Posia¥e and stationery DevlatiOn of tsngible heritage &wts PK>fitlLoss on disposal of fJx¢d assets 30,791 3,365 737 500 12204 3,769 2,996 ,329 ,362 4.615 400 81,859 8,191 2.787 474 12.909 3,221 2,OINS 1,085 822 62.068 115,994 Gov¢rnince eosts PFofessiona] f¢¢s 4.155 1,478 Total rtsources expended 247,720 236,142 Iyet income IS,538 33,695 This page does not fomi of the statutory fmancial $tst¢m¢nt5 Pog¢ 12