Company registration number: 07690354 Charity registration number: 1144589 **WALNUTS CARE LTD TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025** Hippey Accountancy Services FMAAT 13 Swanwick Walk Broughton Milton Keynes MK10 9LJ ## **Walnuts Care Ltd Contents** ||**Page**| |---|---| |Trustees' Report|1—3| |Independent Examiner's Report|4| |Statement of Financial Activities (including Income and Expenditure Account)|5| |Balance Sheet|6| |Statement of Cash Flows|7| |Notes to the Statement of Cash Flows|8| |Notes to the Financial Statements|9—13| |The following pages do not form part of the statutory accounts:|| |Detailed Statement of Financial Activities (including Income and Expenditure Account)|14—15| ## **Walnuts Care Ltd Company No. 07690354 Trustees' Report For The Year Ended 31 July 2025** The trustees present their report and the financial statements for the year ended 31 July 2025. ## **Objectives and Activities** ## **Aims and Objectives** Walnuts Care Limited exists to relieve the needs of children and young adults with special educational needs and autism through the provision of educational, recreational and support services designed to improve independence, wellbeing and quality of life. The charity seeks to provide person-centred support and opportunities for individuals who may be unable to access mainstream educational or social provision. ## **Significant Activities** During the year the charity continued to operate two principal areas of charitable activity: • Walnuts College, a post-19 educational provision delivered in partnership with Milton Keynes College, supporting young adults with autism and associated disabilities who are unable to access mainstream further education. The programme focuses on developing independence, communication, life skills and employability. • A domiciliary and respite care service providing personalised one-to-one support for children and young adults with autism and associated disabilities. Support is delivered through flexible programmes tailored to individual needs and may include community access, leisure activities and support within the family home. ## **Public Benefit** The charity's services are intended to support vulnerable children, young people and adults with autism and associated disabilities by improving access to education, independence, social engagement and community participation. This is achieved through the provision of a post-19 educational programme for young adults who are unable to access mainstream further education, alongside domiciliary and respite care services providing personalised one-to-one support tailored to individual needs. The trustees confirm that they have complied with the requirements of Section 17 of the Charities Act 2011 to have due regard to the Charity Commission’s guidance on public benefit. ## **Volunteers** The charity does not currently utilise volunteers within its operations. ## **Achievements and Performance** ## **Main Achievements** The charity continued to provide specialist educational and support services for children, young people and adults with autism and associated disabilities throughout the year. Walnuts College continued to support learners through its partnership with Milton Keynes College, delivering programmes focused on independence, communication, life skills and employability. Learners worked towards qualifications and personal development goals within a supportive specialist environment. The charity also continued to provide personalised domiciliary and respite care services, offering flexible support tailored to the needs of individuals and their families. Services included support within the home environment, community access and participation in local activities and facilities. ## **Investment Performance** The charity adopts a low-risk approach to the management of reserves and surplus funds. Cash reserves are held within UK bank deposit and savings accounts in order to maintain liquidity and protect capital whilst generating modest levels of interest income. Page 1 **Walnuts Care Ltd Trustees' Report (continued) For The Year Ended 31 July 2025** ## **Reference and Administrative Details** ## **Trustees** Mrs Susan Carbert (appointed 01/05/2025) Mr John Head Mr Nick Jackman Mr Timothy Read ## **Company Secretary** Mr Nick Jackman ## **Charity Number** 1144589 ## **Company Number** 07690354 ## **Principal Address** The Watling Way Centre Galley Hill Milton Keynes MK11 1PA ## **Independent Examiner** Michaela Hippey FMAAT Hippey Accountancy Services FMAAT 13 Swanwick Walk Broughton Milton Keynes MK10 9LJ Page 2 ## **Walnuts Care Ltd Trustees' Report (continued) For The Year Ended 31 July 2025** ## **Small Company Rules** This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006. The trustees' report was approved by the board of trustees and signed on its behalf by: Mr Nick Jackman Trustee 29th May 2026 Page 3 ## **Walnuts Care Ltd Independent Examiner's Report to the Trustees of Walnuts Care Ltd For The Year Ended 31 July 2025** I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 July 2025. ## **Responsibilities and Basis of Report** As the charity trustees of the Company (and also 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 (“the 2006 Act”). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as 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 Examiner's Statement** Since the Company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of The Association of Accounting Technicians, which is one of the listed bodies. I have completed my examination. I confirm 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 2. the accounts do not accord with those records; or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination; or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable 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 of the accounts to be reached. Michaela Hippey FMAAT 27th May 2026 13 Swanwick Walk Broughton Milton Keynes MK10 9LJ Page 4 ## **Walnuts Care Ltd Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 31 July 2025** |**Notes**
**INCOME AND ENDOWMENTS FROM:**
Donations and legacies
**3**
Charitable activities:
Educational Services
Domiciliary Care Services
Investments
**4**
Other
**5**
**EXPENDITURE ON:**
Charitable activities:
**7**
Educational Services
Domiciliary Care Services
Support Costs
**NET INCOME**
**NET MOVEMENT IN FUNDS**
**RECONCILIATION OF FUNDS:**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**
**16**|**2025**
**Unrestricted**
**funds**
**£**
260
591,195
124,925
3,991
5,149|**2024**
**Unrestricted**
**funds**
**£**
372
548,550
102,391
4,425
340| |---|---|---| ||725,520|656,078| ||(411,119)
(51,492)
(191,245)|(531,672)
-
(93,098)| ||(653,856)|(624,770)| ||71,664|31,308| ||71,664
455,685|31,308
424,377| ||527,349|455,685| The notes on pages 8 to 13 form part of these financial statements. Page 5 **Walnuts Care Ltd Balance Sheet As At 31 July 2025** |**Notes**
**FIXED ASSETS**
Tangible Assets
**12**
**CURRENT ASSETS**
Debtors
**13**
Cash at bank and in hand
**Creditors: Amounts Falling Due Within One Year**
**14**
**NET CURRENT ASSETS (LIABILITIES)**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**NET ASSETS**
**FUNDS OF THE CHARITY**
Unrestricted Funds
**TOTAL FUNDS**
**16**|**2025**
**Unrestricted**
**funds**
**£**
2,591|**2024**
**Total funds**
**£**
12,841| |---|---|---| ||2,591
7,711
520,527|12,841
6,044
439,922| ||528,238
(3,480)|445,966
(3,122)| ||524,758|442,844| ||527,349|455,685| ||527,349|455,685| ||527,349|455,685| ||527,349|455,685| For the year ending 31 July 2025 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. On behalf of the board Mr Nick Jackman Trustee 29th May 2026 The notes on pages 8 to 13 form part of these financial statements. Page 6 ## **Walnuts Care Ltd Statement of Cash Flows For The Year Ended 31 July 2025** |**Notes**
**Cash flows from operating activities**
Net cash generated from operations
**1**
Net cash generated from operating activities
**Cash flows from investing activities**
Purchase of tangible assets
Interest received
Net cash generated from investing activities
Increase in cash and cash equivalents
Cash and cash equivalents at beginning of year
**2**
Cash and cash equivalents at end of year
**2**|**2025**
**£**
76,614
76,614
-
3,991
3,991
80,605
439,922
520,527|**2024**
**£**
63,203| |---|---|---| |||63,203| |||(2,573)
4,425| |||1,852| |||| |||65,055
374,867| |||439,922| Page 7 ## **Walnuts Care Ltd Notes to the Statement of Cash Flows For The Year Ended 31 July 2025** ## 1. **Reconciliation of income to cash generated from operations** |.
**Reconciliation of income to cash generated from operations**||| |---|---|---| |Net income
_Adjustments for:_
Interest income
Depreciation of tangible assets
_Movements in working capital:_
(Increase)/decrease in trade and other debtors
Increase/(decrease) in trade and other creditors
Net cash generated from operations|**2025**
**£**
71,664
(3,991)
10,250
(1,667)
358
76,614|**2024**
**£**
31,308
(4,425)
10,039
34,863
(8,582)| |||63,203| ## 2. **Cash and cash equivalents** Cash and cash equivalents, as stated in the Statement of Cash Flows, relates to the following items in the Balance Sheet: |**2025**
**£**
Cash at bank and in hand
520,527
3.
**Analysis of changes in net funds**
**As at 1 August**
**2024**
**Cash flows**
**£**
**£**
Cash at bank and in hand
439,922
80,605|**2024**
**£**
439,922| |---|---| ||**As at 31 July**
**2025**
**£**
520,527| Page 8 ## **Walnuts Care Ltd Notes to the Financial Statements For The Year Ended 31 July 2025** ## 1. **General Information** Walnuts Care Ltd is a company limited by guarantee, incorporated in England & Wales, registered number 07690354 and registered charity number 1144589. The registered office is . ## 2. **Accounting Policies** ## 2.1. **Basis of Preparation of Financial Statements** 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)", Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The charitable company is a Public Benefit Entity as defined by FRS 102. ## 2.2. **Incoming Resources** Income from charitable activities represents amounts receivable in the provision of educational support services and domiciliary care services and is recognised in the period in which the related services are provided. Investment income is recognised when receivable. Other income is recognised when the charity becomes entitled to the income and the amount can be measured reliably. ## 2.3. **Resources Expended** Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure on charitable activities includes the direct costs of providing educational support services and domiciliary care services together with associated support costs. Support costs are allocated to charitable activities on a basis consistent with the use of resources. Governance costs include those incurred in connection with the administration of the charity and compliance with constitutional and statutory requirements. ## 2.4. **Tangible Fixed Assets and Depreciation** Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases: Plant & Machinery 20% Straight Line Motor Vehicles 25% Straight Line ## 2.5. **Cash and Cash Equivalents** Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts. ## 3. **Income from Donations and Legacies** |.
**Income from Donations and Legacies**||| |---|---|---| ||**2025**|**2024**| ||**Unrestricted**|**Unrestricted**| ||**funds**|**funds**| ||**£**|**£**| |Donations and gifts|260|372| ## 4. **Investment Income** Page 9 ## **Walnuts Care Ltd Notes to the Financial Statements (continued) For The Year Ended 31 July 2025** |Bank interest receivable
5.
**Other Income**
Rental and other income from property
Reimbursements of costs
6.
**Net Income/(Expenditure)**
The net income is stated after charging/(crediting):
Depreciation of tangible fixed assets - owned|**2025**
**Unrestricted**
**funds**
**£**
3,991|**2024**
**Unrestricted**
**funds**
**£**
4,425| |---|---|---| ||**2025**
**Unrestricted**
**funds**
**£**
-
5,149|**2024**
**Unrestricted**
**funds**
**£**
340
-| ||5,149|340| ||**2025**
**£**
10,250|**2024**
**£**
10,039| ## 7. **Analysis of Expenditure** |Educational Services
Domiciliary Care Services
Support Costs
Educational Services
Support Costs|**Activities**
**undertaken**
**directly**
**£**
411,119
51,492
-|**Support costs**
(see note 8)
**£**
-
-
191,245|**2025**
**Total**
**£**
411,119
51,492
191,245| |---|---|---|---| ||462,611|191,245|653,856| ||**Activities**
**undertaken**
**directly**
**£**
531,672
-|**Support costs**
(see note 8)
**£**
-
93,098|**2024**
**Total**
**£**
531,672
93,098| ||531,672|93,098|624,770| Page 10 ## **Walnuts Care Ltd Notes to the Financial Statements (continued) For The Year Ended 31 July 2025** 8. **Support Costs** |Employee costs
Premises expenses
General administration
Depreciation
Governance costs
Employee costs
Premises expenses
General administration
Depreciation
Governance costs
9.
**Independent Examiner's Remuneration**
Independent examination of the financial statements
10.
**Staff Costs**
Staff costs were as follows:
Wages and salaries
Social security costs
Other pension costs|**2025**
**£**
250
**2025**
**£**
501,074
30,986
9,276
541,336|**2025**
**Support Costs**
**£**
97,392
43,410
28,949
10,250
11,244| |---|---|---| |||191,245| |||**2024**
**Support Costs**
**£**
4,267
40,915
25,955
10,039
11,922| |||93,098| |||**2024**
**£**
250| |||**2024**
**£**
478,460
29,808
8,853| |||517,121| No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000. 11. **Average Number of Employees** Average number of employees during the year was: 35 (2024: 38) Page 11 ## **Walnuts Care Ltd Notes to the Financial Statements (continued) For The Year Ended 31 July 2025** ## 12. **Tangible Assets** |**Cost**
As at 1 August 2024
As at 31 July 2025
**Depreciation**
As at 1 August 2024
Provided during the period
As at 31 July 2025
**Net Book Value**
As at 31 July 2025
As at 1 August 2024
13.
**Debtors**
**Due within one year**
Trade debtors
Other debtors
14.
**Creditors: Amounts Falling Due Within One Year**
Trade creditors|**Plant &**
**Machinery**
**£**
14,740|**Plant &**
**Machinery**
**£**
14,740|**Motor Vehicles**
**£**
30,606|**Total**
**£**
45,346| |---|---|---|---|---| ||14,740||30,606|45,346| ||9,552
2,598||22,953
7,652|32,505
10,250| ||12,150||30,605|42,755| ||2,590||1|2,591| ||5,188||7,653|12,841| ||||**2025**
**£**
7,061
650
7,711
**2025**
**£**
3,480|**2024**
**£**
5,646
398| |||||6,044| |||||**2024**
**£**
3,122| ## 15. **Pension Commitments** The charitable company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charitable company in an independently administered fund. During the year the charge to the statement of financial activities in respect of defined contribution schemes was £9,276 (2024: £8,853). At the balance sheet date contributions of £NIL were due to the fund and are included in creditors. Page 12 ## **Walnuts Care Ltd Notes to the Financial Statements (continued) For The Year Ended 31 July 2025** ## 16. **Movement in Funds** |**Unrestricted funds**
General:
General unrestricted fund
**Total funds**
**Unrestricted funds**
General:
General unrestricted fund
**Total funds**|**As at 1 August**
**2024**
**£**
455,685|**Income**
**£**
725,520|**Expenditure**
**£**
(653,856)|**As at 31 July**
**2025**
**£**
527,349| |---|---|---|---|---| ||455,685|725,520|(653,856)|527,349| ||**As at 1 August**
**2023**
**£**
424,377|**Income**
**£**
656,078|**Expenditure**
**£**
(624,770)|**As at 31 July**
**2024**
**£**
455,685| ||424,377|656,078|(624,770)|455,685| ## 17. **Transactions with Trustees** None of the trustees received any remuneration or any other benefits from an employment with the charity or a related entity during the current or previous year. No trustee expenses have been incurred. ## 18. **Related Party Disclosures** During the year the charity purchased consultancy and administrative support services from Nicholas Jackman Ltd, a company connected to one of the trustees. The total amount paid during the year was £6,304 (2024: £5,243). Comparative figures have been reclassified to reflect the nature of the arrangement. ## **Mr Nick Jackman** Company controlled by a trustee/director of the charity ## 19. **Company limited by guarantee** The company is limited by guarantee and has no share capital. Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1. Page 13 ## **Walnuts Care Ltd Detailed Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 31 July 2025** |**INCOME AND ENDOWMENTS FROM:**
**Donations and legacies**
Donations from individuals
**Charitable Activities:**
**Educational Services**
Income from charitable activities
**Domiciliary Care Services**
Income from charitable activities
**Investments**
Bank interest receivable
**Other**
Rental and other income from property
Reimbursements of costs
**EXPENDITURE ON:**
**Charitable Activities:**
**Educational Services**
Resources
Activities & Outings Cost
Equipment Costs
Wages and salaries
Employers NI
Employers pensions - defined contribution schemes
Travel and subsistence expenses
**Domiciliary Care Services**
Wages and salaries
Employers NI
Employers pensions - defined contribution schemes
Travel and subsistence expenses
**Support Costs**
Wages and salaries
Employers NI|**2025**
**Total**
**funds**
**£**
260|**2024**
**Total**
**funds**
**£**
372
372
548,550
548,550
102,391
102,391
4,425
4,425
340
-
340
656,078
(11,900)
-
-
(478,460)
(29,808)
(8,853)
(2,651)
(531,672)
-
-
-
-
-
-
-
...CONTINUED| |---|---|---| ||260
591,195|| ||591,195
124,925|| ||124,925
3,991|| ||3,991
-
5,149|| ||5,149|| ||725,520
(6,735)
(60)
(973)
(371,588)
(21,314)
(7,155)
(3,294)|| ||(411,119)
(48,008)
(272)
(51)
(3,161)|| ||(51,492)
(81,478)
(9,400)|| Page 14 ## **Walnuts Care Ltd Detailed Statement of Financial Activities (including Income and Expenditure Account) (continued) For The Year Ended 31 July 2025** |Employers pensions - defined contributions scheme
Staff training
Staff entertaining
Travel and subsistence expenses
Rent
Light and heat
Repairs and maintenance
Cleaning
Security costs
Vehicle running costs
Computer software, consumables and maintenance
Insurance
Printing, postage and stationery
Postage
Telecommunications and data costs
Website costs
Legal fees
Professional fees
Subscriptions
Bookkeeping fees
Payroll fees
Bank charges
Sundry expenses
Computer Equipment
Depreciation
Independent examiner's fees
Accountancy fees
Consultancy fees
**NET INCOME**|(2,070)
(1,895)
(1,918)
(631)
(15,049)
(6,022)
(11,013)
(10,829)
(497)
(5,763)
(461)
(11,843)
(909)
(13)
(526)
(270)
(1,100)
(378)
(894)
(1,570)
(2,689)
(98)
(1,936)
(499)
(10,250)
(250)
(4,690)
(6,304)|-
(2,216)
(2,051)
-
(16,200)
(8,528)
(4,783)
(10,313)
(1,091)
(5,183)
(367)
(10,265)
(811)
(64)
(5,476)
(233)
-
(739)
(647)
-
-
(77)
(2,093)
-
(10,039)
(250)
(6,429)
(5,243)| |---|---|---| ||(191,245)|(93,098)| ||(653,856)|(624,770)| ||71,664|31,308| Page 15