FRIENDS OF
MILESTONE SCHOOL
CHARITY NUMBER: 1173333
FINANCIAL STATEMENTS
AND
ANNUAL REPORT
FOR
YEAR ENDING
31st JULY 2023

FRIENDS OF MILESTONE SCHOOL
Contents for the Accounts for the Year Endin
Jul 31°, 2023
Pa
Legal and AdTninistrative Details
Trustees, Annual Report
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Not¢5 to the Accounts
10

FRIENDS OF MILESTONE SCHOOL
ADMINISTRATIVE DETAILS
Charil No..
1173333
Milestone School
Longford lane
Gloucester
GL2 9EU
Secrets
Ed Turnill
Trustees..
Paul Cooke
Diane Taylor
Lyn Dance
Sally-Ann Lonsdal
Accountant..
M8jor PJ Buzzard FCCA, FCPFA, FMAAT
Cedar Accountancy Services
4, Penkénna Close
Crackington Haven,
North Cornwall
EX23 OPF
Page 1

TRUSTEES REPORT
Friends of Mllestone School
Trustees Re
ort forthe Year to
31¥t Jul 2023
'Friends" is our Parentrteacher Association and a registered charity Ino. 1173333) it is a
great support mechanism for our community in Milestone School.
We support the staff and pupi15 by.,
Developing effective and positive relationships be￿een the staff, parents and others
associated with the school.
Benefitting the pupils of the school beyond any infrastructure or running costs or general
maintenance incurred by the school
Benefitting the pupils of the school by providing funding for resources, school trips,
residential or activities inside or outside school which are not normally funded by the
school.
Charity Number 1173333
Page 2

The trustees of the Friends of Milestone School during the year were
Paul Cooke
Diane Taylor
Lyn Dance
Sally-Ann Londale
CLJrrent contact detail- Ed Turnill - Secretary and Financial Administrator
friends@milestone.sandmal.uk Telephone'.01452874008
Trustees Re
ort
The charity has continued to run alongside the school, providing service to the
children and where necessary the staff.
Equipment has been provided to the school and events have been organised and
run. Services provided include,'- leavers t-shirts. jcb play toy l eady years play
equipment, summer fun day, winter fayre, friends spends for the children summer
and winter, bouncy castle hire, cattle ¢ounlry tractor rides. transport for mosque trip,
visiting theatre & a school video.
Page 3

Financial Re
ort
Major benefactors this year were SEGA supporting play equipment development and
Variety who passed over the funds for a Wheelchair Carousel that they had pledged
previously.
We also run a bonus ball scheme and a school lollery and we are very fortunate
beneficiaries from eslales of friends of the school who have passed away.
Reserves Polic Statement
l The trustees eonfirm that no formal reserves policy has been adopted but that they will
I seek to maintain sufficient fi'nancial reserves lo enable the proper selllement of any
debts incurred in rLJnning the charity and hold, if possible, sufficient cash reserves lo
enable the running of the charity for a period of 6 months. We have assessed the
likely financial risks to the organisalion.
How are we Meetin
our Charitable ob'ecls?
We SUPF)Ort the staff and pupils at Milestone School by..
{il Developing effective and positive relationships bel￿een the staff, parents and
others associated with the school.
lill Benefitting the pupils of the school beyond any infrastructure or running costs or
general maintenance incurred by the school
liiilBenefitling the pupils of the school by providing funding for resources, school trips,
residential or activities inside or outside school which are not normally funded by the
school.
Page 4

Public Benefit
ta
emenl
Trustees confirm that they have taken due notice of the guidance published by the
Charity Commission in regards lo the public benefit when reviewing the aims and
objectives of the charity and in planning the aclivilies.
Trustee Recruitment and Induction Statement
Trustees shall be co-opted by the Management Committee al some other time
provided the total number of trustees does not exceed the maximum number allowed.
Prospective trustees shall pul forward details of their potential contribution lo the
running of the charity and be appropriately proposed and seconded. Support for new
trustees will be given by the provision of a pack containing details of the charity,
records of meetings held in the past year and, if required, appropriate training to
enable the new trustee to fulfil their role to the benefit of the charity and ils
beneficiaries.
This report was approved by the trustees on 11912024
Name Ed Turnill
Role.. _ Secretary and Financi81 Adminislralor
Page 5

CHARITY COMMISSION
FOR ENGLAND AND WALES
INDEPENDENT EXAMINER'S REPORT ON THE ACCOUNTS
Report to the Trusteesl Members of FRIENDS OF MILESTONE SCHOOL
l On accounts for the year ended 31st July 2023.
Charlty no 1173333
Set out on pages 8-12 and the Trustees, Report on pages 1-5.
I report to the Iruslees on my examination of the accounts of the above charity I'the
Trusy'l for the year ended 31st July 2023.
Responsibilities and Basls of Report
i As the charity's Iruslees, you are responsible for the preparation of the a¢¢ounts in
accordance with the reqLJirements of the Charities Act 2011 1.the Act l.
I I report in respect of my examination of the Trusvs accounts carried out under se¢lion
145 of the 2011 Act and in carrying out my examination, I have followed all the applicable
Directions given by the Charity Commission under secb'on 14515}Ibl of the AGt.
I Independent Examiner's Statement
I have completed my examination. I confi'rm that no material mallers have come lo my
allenlion in connection with the examination which gives me cause lo believe that in, any
material respect..
the accountin8 records were not kept in accordancè with section 130 of the ChHTlties Act,. or
the account5 did riot accord with the accountinÈ records.. or
the accounts did not comply with the applicable requirements concerning the form and content
of accounts set out in the Charities IAccounts and Reports) Regulations 2008 other than any
requirement that the accounts give a 'true and fair. view which is not 8 matter considered as part
of an independent ex3mination.
I have no concerns and have come across no other matters in connection with the
examination lo which attention should be drawn in this report in order to enable a proper
understanding of the accounts to be reached.
Addltlon Notes
There are no additional notes lo the report.
Page 6

Signed..
Dale.. 2210812024
Paul Buzzard, FCPFA, FCCA, CITP. FFA, FMAAT, MBCS, MA Msc (Charity Acc.)
Chartered Public Finance Accountant and Chartered Certified Accountant
Cedar Accountancy Services.
4, Penkenna Close,
Crackinglon Haven.
EX23 OPF
Pagè 7

Page 8
FRIENDS OF MILESTONE SCHOOL
CHARITY 1173333
BALANCE SHEET AS AT JULY 31st 2023
31st Jul
2023
31st Jul
2022
Tan
iblè Flxed Assets
Tangible Assets
Investments
Current Ass&ts:
Debtors Iwthin 1 yearl
Debtors Imore than 1 yeail
Cash at Bank & In Hand
75,264 £
75.264 £
56,758
56,758
Creditors Includin
(falling within 1 yearl
als:
Nèt Current Ass
75,264 £
56,758
Total Ass
lèss Current Llabilities:
75,264 £
56,758
Restricted
Unrestricted
Total Fund
75,264 £
75,264 £
56,758
56,758
The Financi21 Slalemen
s were
and si
ned on
eir behalf b
ro
b the trust
on..
Ed Turnill
Secretary for the Trustees
Date..
21 losl20z4

FRIENDS OF MILE
TONE SCHOOL
CHARITY 1173333
STATEM
F FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31st JULY 202
Nots
Total
Total
2023
2022
INCOME AND EXPE
RE
Incomin
Resources:
Volunta
Income
Donations:
Donations
4,214 £
9.380
A¢tivitl&s to Further the
Charit
's Ob-&ctives.'
Bonus Ball
School Lollery
Sd)ool Activities
1,632 £
3,534 £
3,667 £
1,820
3,698
2,687
Activilies to Generate Funds..
Fund R8ising
14,273 £
3,490
Investment Income-
Interest and Invèstments
Other Income
tal Incomin
Resourc
27.321 £
21,075
Resources Ex
nd•d:
Bonus Ball
Fundraising
School Activiies
Professional FeeslSub5criplions
Donations
1,535 £
188 £
6,952 £
140 £
2.011
188
3.955
116
Total Re
rc•s Ex
ended:
8,815 £
6,270
Nèt Incomin
Out
oirt
Resources
Other Recognised Gains & Losses
Net Movem
in Funds
18,506 £
14,805
Total F nd Brou
ht Forward
56,758 £
41.953
Totsl Funds Carried Forw
75.264 £
56,758

Page 9
FRIENDS OF MILESTONE
CHOOL
CHARITY 1173333
TESTOT
E ACCOUNTS FOR T
YEAR ENDED 31stJULY 2
23
Notè..
1 Accountin
Policies.
Basis Of Pre
aration Of Financial Statements..
The financial statements 8re prepared under the historic cost convention, and in
accordance with the Finanaal reporting Sland8rd for Smaller Entities (effective January
20071, and tho Charities SORP 2016 (Accounting and Reporting by Charities) and
comply with the Charities {Accounls and Reports) Regulations 2016 issued under
the Charities, Act 2011.
Incomln
Resourcès..
Grants Receivable are ine1uded in full in the Statement of Financial Activities in the year
in which the conditions for Iheii receipt have bèen complied with. Grants restricted lo
future accounting periods are deferred and recognised in those future accountin9 periods.
Grants are apportioned to accounting periods on a time 8PPOrtionmenl basis.
Voluntary income received by way of donations. and investment incorne, is induded in
full in the Statement of Financial Activities in the year in which il is receivable. The
value of seNc&s by volunteers is not included.
Tan
ible Flxed Asse
And De
reciation..
Tangible fixed assets are slated at cost less depreciayon.
Depreciation 1$ provided at rates calculatèd to write off the cost of the fixed assets, less
their estimated residual value, over the expected useful lives.
Restricted Funds:
Resliicled funds are lo be used for the designated purposes as laid down by the original
donors.
Unrestrict&d Fund
Unreslricled funds are donations and othèr incoming reSoU￿S receivable or generated
for the objects ol the ¢harity without further specified purposè and are available as
general funds.
Resourc•s Ex end d:
Resources expended ale recognised in the period in which they are incurred. Resources
expended include 8ttributable VAT which cannot be recovered. Resources expended
are allocated to the parti¢u5ar activity where the cost relate lo the actiwty.

Page 10
FRIENDS
F MILESTONE SCHOOL
CHARITY 11733
Note,, NOTES TO THE ACC
UNTS FOR THE YEAR ENDED 31stJ
LY 2023
2 Debto
Year End
31st Dec.
2023
Year End
31st Dec.
2022
Fallin
Du
Wlthin One Year:
Other Dèbtors
VAT
Total Fallin
Due Within One Year
Debtors fallin
due after more tha
n&
eai
3 Credit
Fallin
Dua Within On
Year:
Accruals
Totsl Fallin
Due Wlthln One Y
ar:
dltors fallin
due after mor• than on
aar
4 Cash at B nk and In Hand
Current Account
75,264 £ 56,758
Total:
75,264 £ 56,758
5 Inv
stments
None

Page11
FRIENDS OF MILESTONE SCHOOL
CHARITY 1
riotL'. NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31st JULY 2023
6 Tan
ible Fixed Ass
Fr88hold
Pro
Com
ui
uter Fumiturn
Cost:
A8 al 1 August 2022
Additions
Disposals
As al 31st July 2023
Accumulated Depreciation..
As al 1 August 2022
Charge for Year
Disposals
As at 31st July 2023
Net Book Value
As at 1 August 2022
As at 31st July 2023
Dèpreaation Method - 10QA Reducing Balan￿ for all bul Property.
Net Book Value 8$ at 1st Aug. 2022
Net Book Value as at 31 July. 2023
Depreciation Charge for th¢ Yèar
7 Net Incomin
Ou
oin
sourcas
For The Year
This is staled after charging..
Year Ended
31st July
2023
Year Ended
31st July
2022
Depreciation of Tangible Fixed Assets
Trustees Expenses
Independent Examiner's Fees
225 £
225 £
225
22S