REGISTERED COMPANY NUMBER: CE019521 (England and Walès)
REGISTERED CHARITY NUMBER: 1186248
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
FOR
TWO MILE ASH PRE4CHOOL

TWO MILE ASH PRE-SCHOOL
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
Pago
R•fer•nco and Admlnlslratlve Detalls
Report of the TNstees
Ind•p•nd•nt Examina￿$ Report
Statamwbt of Financial Activities
Balance Sheel
Notes to thè Financial SL*fjm&nts
6 to 11
Detallod Statgrnont of Flnanclal Actlvltlgs
12

TWO MILE PRE4CHOOL
REFERENCE AND ADMINISTRATIVE DETAILS
FOR THE YEAR ENDED 31 AUGUST 2025
TRUSTEES
T Fenton
S Mitchell
K Gamer
G Hill
R Bumside
N Cheriyan
S Dyer
REGISTERED OFFICE
Two Mile Ash Community Centre
The High Street
Two Mile Ash
Milton Keynes
Buckinghamshire
MK8 8LH
REGISTERED COMPANY
NUMBER
CE019521 (England and Wales)
REGISTERED CHARITY
NUMBER
1186248
INDEPENDENT &WINER
Ad Valorem Accountancy Services Limited
Chartered Certif18d Accountants
2 Manor Farm Court
Old Wolverton Road
Old Wolverton
Milton Keynes
Buekinghamshire
MK12 5NN
Page 1

TWO MILE ASH PRE.SCHOOL
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 AUGUST 2025
The trus￿￿5 who are also directors of the chaTity for the purposes of the Companies Act 2006, present their
report wth the finJn¢lal slalèments of the charity for the year ended 31 August 2025. Thè trustees have
adopied the provisions of Accounl'ng and Reporting by Charities". SL8tement of Recommended Praclic*
8ppllcablg to charities prèparing their accounts in accordance wilm the Financial Reportlng Standard
applicable in the UK and Republ￿ of Ireland IFRS 102} (effective l January 20191.
OBJECTIVES AND ACTIVITIES
Ftnahcial r&vlow
is the policy of the charity that unrgstricted funds which have not been d85ignated for 8 specific usè should
LE maintsined at a level equwalenl lo between three and six month's expenditure. The trustees consider that
reserves at this level will $nsure that, in the event of a significant drop in funding, they will be able to continue
the charills current activities while considgrauon is given lo ways in which additior>al funds may be raisod.
This level ol resefV8S has been maintained throughout the year.
FINANCIAL REVIEW
Going concern
The trustees have assessed th8 charitvs financial positi￿ a￿* cash flow forecasts for & pariod of allgasl 12
months from the dale of approval ol these financral statements. Ajlhough the charity reported a defjcit dLsring
Ihe year, this was primarily due to the costs associated wrth openirsg a new lorolion.
The trustees consider this detlcll lo be short temi in nalurg and are satisfied thal the charity has adequate
resources to continue in operational existence for the foreSeea￿e fthure. Accordtngly. the finan¢i81
5tatem$nls have been prepared on a going concem basis.
STRUCTURE. GOVERNANCE AND MANAGEMENT
Goveming document
The chèrity is controlled by its governing document. a deed Df trust. and constilules a limited company, limited
by guarantee, as defined by the Cornpanies Act 2￿6.
Thè trts$l￿S h8vÈ paKI due regard to guidance issued by Chartty Commission In deoding what octtvlUe8
the charity should undertake.
Th8 prewschool operates as a not for profit ¢ornpany aryj we hokl Charitable Status. We empb)y eight part to
full stsff and provide servtces to many local 24 years dd ehildren.
The trustees. who served dullng the ￿ar and up to the date of Ssgnalura of the financial Ststements were..
T Fenlor7
S Mitchell
K Gafner
GHIH
R Bumsldè
N Cheriyan
l Joyce
S Dy8r
Ncffte of Ihe trustees has any benefiaal irEterest in the company. All of Ihe t￿￿tee5 are members of the
CA)mpany and guarantee to contribute £1 in the event of a wti)ding up.
Approved by order of Ihe board of truslegs on 6 March 2026 arKI signed on its behaW by:
T Fenton- Trustee
Page 2

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
TWO MILE ASH PRE4CHOOL
Indgpendent examinoes report to tho trustees of Two Milg Ash Prn-school (Yhe compan￿
I report to the charty trustees on my examination of the accounls of the Company for th• year eThJed
31 August 2025.
Respon8lbllltlos and ba51s of rnport
As the charitys trustees of the Company {and also its directors fcf the purF)oses of company lawl you are
responsible for the preparalon of the accounts in accordance the requirements of the Companies ALt
20061'tha 2006 Acf).
Having satlsfied myself that the accounls of the Company are not required to be audrted under Part 16 of th&
2006 Act and are eligible for independenl examination. I report in rgsped of my examination of your charitys
accounts as carried out under Section 145 of the Charities Act 2011 Ilhe 2011 ACV). In carrying out my
examination I have f￿lOwed the Directions given by the Charity Commission under Section 14515) Ib) of the
2011 Act.
Independent examinerf$ stalement
I have completed my examination. I confimi that no matters have come to my attention In eonnectlon wlth the
examination giving MÈ cause to bg1i8v&'.
accounting recor(fjs were not kept In respect of the Company as required by Seclion 386 of the 2006
the ac¢ounts do not accord with those records., or
the accounts do not eomply 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
the accounts have not been Pfepar8d in accordance with the methods and principles of the Statement
of R9￿mMended Practice for accounting and reFK)rting by charities {applicable lo charities preparing
their accounts in accordan¢8 with the Finanaal Reporting Standard applicabl8 in thg UK and Rgpubli¢
of Ireland (FRS 1021)-
I have no cx)ncems and have come across no othgr matters in connectlon ￿th the examlnation to which
attention should be drawn in this report in order to enable a proper understanding of the accounts lo be
Thomas Fool FCA
Ad Valorem Accountancy Semces Limited
Chartered Cerbfied Ac¢ountarrts
2 Manor Farm Court
Old Wolverton Road
Old Wolverton
Milton Keynes
Buckin9hamshlre
MK12 5NN
13 April 2026
Page 3

TWO MILE ASH PRE4CHOOL
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YE*R ENDED 31 AUGUST 2025
2025
Unrestrlcted
fund Total funds
2024
Notes
INCOME AND ENDOWMENTS FROM
D(￿atiOnS and legacbes
206,798
136,386
Other trading activities
11,377
27.527
Total
218.175
163.913
EXPENDITURE ON
Charltable activliies
Charitable activiles
Support costs
224,825
7.322
155,471
4.055
Total
232.147
159.526
NET INCOMEI(EXPENDITURE)
113,9721
4,387
RECONCILIATION OF FUNDS
Total funds brought foward
4.603
216
TOTAL FUNDS CARRIED FORWARD
19,369)
4,603
The not8s form part of these finanoal statements
Page 4

TWO MILE ASH PRE-SCHOOL
BALANCE SHEET
31 AUGUST 2025
2025
Unn¥trlctsd
fund Totsi funds
2024
Note
FIXED ASSETS
Tangible assets
1,382
2,417
CURRENT ASSETS
Debtors
Cash al bank and In hand
10
1,448
572
1.400
4,628
2.020
6.028
CREDITORS
Amounts falling (Jue within one year
11
(12.7711
13.8421
NET CURRE14T ASSETSIILIABILITIESI
(10.7511
2,186
TOTAL ASSETS LESS CURRENT
LIA8IUTIES
19.3691
4,603
NET ASSETS
19.3691
4.603
FUNDS
UnFestricted funds
12
19,3691
4.603
TOTAL FUNDS
19,3691
4.603
The charitable Company is entiUod to exemption from audit under Section 477 of tho Companies Act 2006 for
the year ended 31 August 2025.
The members have not Tequired the compar)y to obtain an audit of Its financial ststoments for the year ended
31 August 2025 in a¢¢ord8nee with Section 476 of the Companies Act 2006.
The trijstees ackn￿edge their responsibilities for
la) ensuring that the charitable company keeps ac¢oL¢nling records that compty wllh Sections 386 and 387
of the Companies Act 2006 and
Ib} preparing financial statements whlch give a true and fair vbw of the state of alfairs of ttk* charitablg
company as at the end ol èa¢h financral year and ol its surplus or defidt for e8¢h financBI year in
acwrdan¢e with the requirements of Sectiorks 394 and 395 and whith otherwse comply with th8
requirements of the Companies Act 2006 relab.ng to linanclal slatements, so far as app1s￿ble to the
arrtable company.
These financial statements have been prepared in accordance with the promsions ap￿icable to charitable
npanies S￿￿eCt to the small ¢ompanies iegime.
Th# financial statements were approved by th6 Board of Trustees and aLSthorised for issue on 6 March 2026
and were signed on its ￿half bv:
T Fenton- TnAst¢¢
The notos fom of the8e financh31 ststemonts
Pagè S

TWO MILE ASH PRE-SCHOOL
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
ACCOUNTING POLICIES
BASIS OF PREPARING THE FINANCIAL STATEMENTS
The financial statements of the chanlable company, which is a public b9n9fft entity under FRS 102.
have been prgpar¢d in accordance with th9 Charitiès SORP (FRS 1021 'Accounting and Reporting by
Charilies= Statement of Recommended Practice applicable to chadtles preparing their accounts in
accordance wkth the Flnanclal Reporting Standard applicable In the UK and Republic of Ireland IFRS
102) (effective 1 January 20191.. Financial Reporting Standard 102 The Finan￿81 Reporting Standard
applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements
have begn FKOparsd under the historical cost convention.
The financial stat&ments are prepaTrd in slerling. Ythich is the fvn¢tional c#Jrrency of th& charity.
Monetary amounts in these financial statements are rounded to the nearest £.
Th8 principal accounting p)licies adopted are set out below.
INCOME
Income is recognised when the Charity is legally gntitted lo il after any performance conditions have
been met, the amounts can be measur8d réliably, and it is probable that incctme will be received.
Cash donations are recognised on receipt. Other donations are recognised once the Charity has been
nottfied of the dOna￿on. unless perf0mlan￿ conditions require deferral of the amount. Income tax
recoverable in relation to donations recelved under Glft Aid or deeds of covenant is racognised at th8
time of the donation.
Legaci8s are recognised on receipt or othervAse rf the charity has been notified of an impending
distribution, th* amount bs known, and receipt 18 expoGted. If tho amounl Is nol known, the 189acy is
treated as a eontinggnt asset.
EXPENDITURE
Expenditure 1$ re￿gnised once there is a legal or ¢onstructive obligation to transfer economic benefrt
to a third party, il is probable that a transfer of economic benefits will be rgquirgd in settlement, and the
amount of the obligation Can b8 m8asured reliably.
Expenditure Is classified by activty. The costs of each acb.vity are made up of the total of direct costs
and shared costs, including support costs involved in undertaking each actiwty. Direct costs
attrfbulable lo a single aclivily are allocated directly to that activity. Shared costs which contribute to
more than one activity and support costs Nthich are not attribLrt8ble to a single activity are appO￿oned
between those activities on a basls ¢iJnsistent wth the use of resources. Central stsff costs a
allocated on the basis of time spent. and dopreciation charges are allocated on the portion of the
asset's use.
CHARITABLE ACTiwfiES
Unrestricted funds are available for use at Ihe diSc¥e1￿)n of the tiustees in furtherance of thelr
tharitable objectives.
Restricted funds are subject to specrfic conditions by donors as to how Ihey may be used. Thg
purposes and uses of the restrlcted funds are set out in the notes to the financial slalements. The
charity does not have any unrestricted funds.
Endov¢Tnent funds are subject to specific conditions by donors that the capital must be maintalned by
the charity.
TANGIBLE FIXED ASSETS
Depreciation is provided at the followAng annual rat8s in order to write off each asset over its estimated
useful lrfe.
Fixlures and ffttings
25% on Cost
Page 6
continued...

TWO MILE ASH PRE-SCHOOL
NOTES TO THE FINANCIAL STATEMENTS- ¢ontlnued
FOR THE YEAR ENDED 31 AUGUST 2025
ACCOUNTING POLICIES- contlnued
TANGIBLE FIXED ASSETS
Computer equipment
25Yo on tost
TAXATION
Thg charity is exempt from corpjratlon tsx on Its charllable actlvities.
FUND ACCOUNTING
Unrestrict8d funds can be used in accordance with the charitabl8 obj9¢tives at the dlscretlon of the
trustegs.
Restricted funds can only be used for particular restricted purposes within the objects of the tharity.
Restrictions arise ￿en specffied by the donor or when funds are raised for particular restrictéd
Pufposes.
Further explanation of the nature and purpose of each fund Is included In the notes to the financial
statements.
PENSION COSTS AND OTHER POST41ETIREMENT BENEFrrs
The charitable company operates a defined contribution pension scheme. Contributions p8yable to the
charitable companls penslon sch8me are charged to the Statement of Financial Activities in the
Pgriod to they relate.
DONATIONS AND LEGACIES
2025
2024
Donations
Govgmment grants
2.473
204.325
1.843
134,543
206,798
136.386
Grants re¢8iv8d, induded in the above, are as follows:
2025
2024
Milton Keyn&s Council grants
Other grants
203.825
500
134.543
204,325
134,543
OTHER TRADING ACTMTIES
2025
2024
Fee income
11,377
27,527
Page 7
continued...

TWO MILE ASH PRE4CHOOL
NOTES TO THE FINANCIAL sfATEMENTS- contlnuod
FOR THE YEAR ENDED 31 AUGUST 2025
CHARITABLE ACTIVITIES COSTS
DlreGt
Cost$
Support
costs
Totals
Charitable adivites
Support costs
220.497
4.328
7.322
224.825
7.322
220.497
11,650
232.147
NET INCOMEI1EXPEND￿uRE)
Net incomel{expenditurel is stated after char9ingl{crgditing):
2025
2024
Depreciation - ¢>vned assets
1,035
1,035
TRUSTEES REMUNERATION AND BENEFITS
There were no trustees, remuneration or other beneffts for the ygar gnded 31 August 2025 nor for the
year ended 31 August 2024.
TRUSTEES. EXPENSES
Thère were no tTUStees' expenses paid for the year ended 31 August 2025 nor for the year ended
31 August 2024.
STAFF COSTS
2025
2024
Wages and satarie$
Other pension costs
175.150
2.204
119,728
1,609
177,354
121.337
The avarag• monthly number of emrAoyeg5 during the year was as follows..
2025
10
2024
Employees18xcluding trustees)
No employees receivéd èmoluments in excess of £60.000.
Page 8
continued...

TWO MILE ASH PRE-SCHOOL
NOTES TO THE FINANCIAL STATEMENTS - contlnuad
FOR THE YEAR ENDED 31 AUGUST 2025
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unr•strlcted
fund
INCOME AND ENDOWMENTS FROM
Donations and legacies
136,386
Other trading activities
27.527
Total
163.913
EXPENDITURE ON
Charitable actlvltles
Charitable activiles
Support costs
155.471
4.055
Totsl
159.526
NET INCOME
4,387
RECONCILIATION OF FUNDS
Total funds brought forward
216
TOTAL FUNDS CARRIED FORWARD
4.603
TANG18LE FIXED ASSETS
Fixtures
and
fittings
Computer
equlpm8nt
Totsls
COST
At 1 September 2024 and
31 August 2025
2.858
1,282
4,140
DEPRECIATION
At 1 September 2024
Chargg for year
783
320
1,723
1,035
715
At 31 Augusl 2025
1,655
1.103
2,758
NET BOOK VALUE
At 31 August 2025
1,203
179
1.382
At 31 August 2024
1,918
499
2,417
Page 9
continued...

TWO MILE ASH PRE-SCHOOL
NOTES TO THE FINANCIAL STATEMENTS - Continuod
FOR THE YEAR ENDED 31 AUGUST 2025
10. DEBTORS: AMOUNTS FALLING DUE wrrHIN ONE YEAR
2025
2024
Trade debtors
1,448
1,400
11. CREDITORS: MIOUNTS FALLING DUE WITHIN ONE YEAR
2025
2024
Social security and other tsxes
Other creditors
Accruals and d8ferred income
8.515
619
355
2.868
3,212
12,771
3,842
12. MOVEMENT IN FUNDS
Not
movoment
In funds
At 119J24
At 3118125
Llnrestrided funds
Gèneral fund
4,603
{13,972)
19.369)
TOTAL FUNDS
4.603
{13,972)
{9.369>
Net movement in funds. indudgd in the above are as follows:
Incoming Resources
rgsources
expended
Movemont
In funds
Unrestrfcted funds
General fund
218,175
{232,1471
113.972)
TOTAL FUNDS
218.175
1232,147)
(13.972)
Comparativos for Movement In funds
Nfjt
movement
in funds
Al 119123
At 3118r24
Unrostrictod funds
General fund
216
4.387
4,603
TOTAL FUNDS
216
4.387
4.603
Page 10
continued...

TWO MILE ASH PRE4CHOOL
NOTES TO THE FINANCIAL STATEMENTS- continuod
FOR THE YEAR ENDED 31 AUGUST 2025
12. MOVEMENT IN FUNDS- continued
Comparatwe net movement in funds, included in thè abovè are as follows:
Incoming Rèsourcès
resources
expended
Mov•ment
in funds
Unrestrlcted funds
General fund
163,913
(159,5261
4,387
TOTAL FUNDS
163,913
(159,5261
4,387
A cjjrrent year 12 months 8nd prior yaar 12 months combined posfaon is as follows:
Net
movèment
In funds
At 119123
At 3118125
Unrestricted funds
General fund
216
{9.585)
19,369)
TOTAL FUNDS
216
(9,585)
19,369)
A oJrr8nt y6ar 12 rncnths and prior year 12 months combinèd ngt movement in funds. induded in the
above are as follows..
Incomlng Resources
r•wurGes
gxpgnded
Movement
In funds
Unrestrict•d funds
General fund
382,088
{391,673)
{9,585)
TOTAL FUNDS
382,088
(391.6731
(9,585)
13. RELATED PARTY DISCLOSURES
There were no ￿lated paty transactions ft)r the year ended 31 August 2025.
Page 11

TWO MILE ASH PRE4CHOOL
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 AUGUST 2025
2025
2024
INCOME AND ENDOVVMENTS
Donations and legacies
Donations
Govemment grants
2,473
204.325
1,843
134,543
206.798
136,386
Othgr tradlng actlvltles
Fee income
11,377
27,527
Total Incomlng resources
218,175
163,913
EXPENDrruRE
Charltable a¢tJvitie$
Wages
Pensions
Toys & crafts
iotchen supplies
Rant and rates
Telephone
Stakn'ongry & computer costs
Sundries
Depreuation of tsngible fixed assets
175,150
2,204
8.310
1.504
27.809
740
993
2.752
1,035
119.728
1.609
6.954
1.224
16.459
1.355
852
3,224
1.035
220.497
152,440
Support and managfrment costs
Flnance
8ank chargos
Late payment interest
99
420
73
519
73
Support costs
Training
Subscripkn'ons
Adv8rbsing
Insuran¢9
938
788
1.075
114
1,672
1.252
4.229
2,958
Gov8manc• costs
Accx)untancy f88S
6,902
4.055
Total resources expended
232,147
159.526
Net {expenditur8)lin¢ome
(13,972)
4.387
This paga does not form part of thg slatutory financial statgments
Pagé 12