2025-03-31-accounts

	Page
Reference and Administrative Details of the Company, its Trustees and Advisers	1-2
Trustees' Report	3-11
independent Auditor's Report on the Financiai Statements	12-15
Consoiidated Statement of Financiai Activities	16
Consoiidated Balance Sheet	17-18
Company Balance Sheet	19-20
Consolidated Statement of Cash Fiows	21
Notes to the Financial Statements	22-60

Trustees	Matthew Downton, Chair
	Christopher Shaw (resigned 31 July 2024)
	Sean O’Reilly
	Jason Sinclair
	Jill Heaton
	Shirley Jones
	Precious Lwanga
	Katy Morris
	Jay Virgo
	Laura McLean
	Richard Forman
	Sydea Sidra Mehdi
Company registered
number	2032715
Charity registered
number	295107
Registered office	Acorn House
	381 Midsummer Boulevard
	Milton Keynes
	MK9 3HP
Senior Executive	Chief Executive - Ian Revell
	Director of Finance - Sarah Wilson (resigned 25 June 2025)
	Director of Marketing - Claire Baldock
	Director of Philanthropy - Ranjit Singh (resigned 31 August 2024)
	Director of Philanthropy - Jake Geelan (appointed 1 September 2024)
	Director of Philanthropy - Samantha Snelus (appointed 1 September 2024)
independent auditor	Hillier Hopkins LLP
	Chartered Accountants
	Statutory Auditor
	249 Silbury Boulevard
	Milton Keynes
	MK91NA

Bankers	Handelsbanken AB
	201 Silbury Boulevard
	Milton Keynes
	MK91LZ
	Close Brothers
	10Crov\m Place
	London
	EC2A4FT
Solicitors	Geoffrey Leaver Solicitors
	251 Upper Third Street
	Bouverie Square
	Milton Keynes
	MK91DR
Investment Managers	CCLA
	Senator House
	85 Queen Victoria Street
	London
	EC4V4ET
Property Manager	Kirkby Diamond
	15 Shenley Pavilions
	Shenley Wood
	Milton Keynes
	MK5 6LB

		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
		2025	2025	2025	2024
	Note	£	£	£	£
Income from:
Donations and legacies	4	1,131,552	806,133	1,937,685	2,308,957
Charitable activities	5	519,148		519,148	293,351
Other trading activities	6	723,976		723,976	784,923
Investments	7	1,284,881	628,799	1,913,680	1,613,052
Total income		3,659,557	1,434,932	5,094,489	5,000,283
Expenditure on:
Raising funds	8,9	2,255,906		2,255,906	1,903,133
Charitable activities	11	1,545,386	1,074,146	2,619,532	3,299,032
Total expenditure		3,801,292	1,074,146	4,875,438	5,202,165
Net (expenditure)/income before net
gains/(losses) on investments		(141,735)	360,786	219,051	(201,882)
Net gains/(losses) on investments		600,398	(748,084)	(147,686)	1,698,171
Net income/(expenditure)		458,663	(387,298)	71,365	1,496,289
Transfers between funds	25	(77,967)	77,967
Net movement in funds		380,696	(309,331)	71,365	1,496,289
Reconciliation of funds:
Total funds brought forward		34,299,512	21,202,542	55,502,054	54,005,765
Net movement in funds		380,696	(309,331)	71,365	1,496,289
Total funds carried forward		34,680,208	20,893,211	55,573,419	55,502,054

			2025		2024
	Note		£		£
Fixed assets
Intangible assets	16		3,187		7,437
Tangible assets	17		43,998		32,727
Investments	19		20,249,457		20,845,815
Social investments	20		10,000		10,000
Investment property	18		32,150,543		33,705,543
			52,457,185		54,601,522
Current assets
Debtors	21	1,139,773		981,401
Cash at bank and in hand		3,928,851		1,653,708
r'i
		5,068,624		2,635,109
Current liabilities
Creditors: amounts falling due within one
year	22	(1,952,390)		(1,234:577)
Net current assets			3,116,234		1,400,532
Total assets less current liabilities			55,573,419		56,002,054
Creditors: amounts falling due after more
than one year	23				(500,000)
Total net assets			55,573,419		55,502,054
Charity funds
Restricted funds	25		20,893,211		21,202,542
Unrestricted funds
Designated funds	25	33,815,457		33,536,630
General funds	25	864,751		762,882
Total unrestricted funds	25		34,680,208		34,299,512
Total funds			55,573,419		55,502,054

COMPANY BALANCE SHEET	COMPANY BALANCE SHEET	COMPANY BALANCE SHEET	COMPANY BALANCE SHEET
	AS AT 31 MARCH 2025
			2025	2024
	Note		£	£
Fixed assets
Intangible assets	16		3,187	7,437
Tangible assets	17		216	585
Investments	19		20,649,458	21,245,816
Social investments	20		10,000	10,000
Investment property	18		24,520,543	24,880,543
			45,183,404	46,144,381
Current assets
Debtors	21	948,612	1,218,467
Cash at bank and in hand		3,693,807	1,422,305^
		4,642,419	2,640,772
Current liabilities
Creditors: amounts falling due within one
year	22	(1,905,646)	(1,150,260),
Net current assets			2,736,773	1,490,512
Total assets less current liabilities			47,920,177	47,634,893
Creditors: amounts falling due after more
than one year	23			(500,000)
Total net assets			47,920,177	47,134,893
Charity funds
Restricted funds	25		20,893,212	21,202,542
Unrestricted funds
Designated funds	25	25,049,199	25,225,199
General funds	25	1,977,766	707,152
Total unrestricted funds	25		27,026,965	25,932,351
Total funds			47,920,177	47,134,893
The Company's net movement in funds for	the year was £785,284 (2024 - £1,494,501).

		Unrestricted	Restricted	Totai
		funds	funds	funds
		2025	2025	2025
		£	£	£
	Donations	1,131,552	806i133	1,937,685
		Unrestricted	Restricted	Total
		funds	funds	funds
		2024	2024	2024
		£	£	£
	Donations	1,254,904	1,054,053	2,308,957
5.	income from charitabie activities
			Unrestricted	Total
			funds	funds
			2025	2025
			£	£
	Service charge income		328,148	328,148
	Land sales		191,000	191,000
			519,148	519,148
			Unrestricted	Total
			funds	funds
			2024	2024
			£	£
	Service charge income		293,351	293,351

							Unrestricted	Totai
							funds	funds
							2025	2025
							£	£
Trading	income	-	MK	Community	Properties	Ltd	723,976	723,976

Unrestricted	Total
funds	funds
2024	2024
£	£
784,923	784,923

	Unrestricted	Restricted	Total
	funds	funds	funds
	2025	2025	2025
	£	£	£
Property investments	1,172,687		1,172,687
Listed investments	101,132	628,799	729,931
Bank interest	11,062		11,062
	1,284,881	628,799	1,913,680
	Unrestricted	Restricted	Totai
	funds	funds	funds
	2024	2024	2024
	£	£	£
Property investments	970,091		970,091
Listed investments	99,573	541,274	640,847
Interest receivable	2,114		2,114
	1,071,778	541,274	1,613,052

	Unrestricted	Totai
	funds	funds
	2025	2025
	£	£
Other costs	15,458	15,458
Apportioned costs	61,833	61,833
Wages and salaries	270,787	270,787
	348,078	348,078
	Unrestricted	Total
	funds	funds
	2024	2024
	£	£
Other costs	13,229	13,229
Apportioned costs	53,346	53,346
Wages and salaries	282,941	282,941
	349,516	349,516

Unrestricted	Total
funds	funds
2025	2025
£	£
40,671	40,671

Unrestrictea	Total
funds	funds
2024	2024
£	£
29,656	29,656

					Unrestricted	Totai
					funds	funds
					2025	2025
					£	£
MK	Community	Properties	Ltd	trading expenses	237,677	237,677
MK	Community	Properties	Ltd	staff costs	112,207	112,207
MK	Community	Properties	Ltd	depreciation	19,866	19,866
					369,750	369,750

					Unrestnctea	Total
					funds	funds
					2024	2024
					£	£
MK	Community	Properties	Ltd	trading expenses	179,544	179,544
MK	Community	Properties	Ltd	staff costs	123,660	123,660
MK	Community	Properties	Ltd	depreciation	42,359	42,359
					345,563	345,563

	Unrestricted	Total
	funds	funds
	2025	2025
	£	£
Property costs	1,451,140	1,451,140
Loan interest payable	46,267	46,267
	1,497,407	1,497,407
	Unrestricted	Total
	funds	funds
	2024	2024
	£	£
Property costs	1,137,256	1,137,256
Loan interest payable	41,142	41,142
	1,178,398	1,178,398

	Grants to	Total
	Institutions	funds
	2025	2025
	£	£
Grants awarded	1,004,638	1,004,638
Rent subsidies	940,293	940,293
	1,944,931	1,944,931

	Grants to	Total
	Institutions	funds
	2024	2024
	£	£
Grants awarded	1,443,065	1,443,065
Rent subsidies	1,152,440	1,152,440
	2,595,505	2,595,505

	Unrestricted	Restricted
	funds	funds	Totai
	2025	2025	2025
	£	£	£
Grants awarded	1,545,386	133,853	1,679,239
Rent subsidies		940,293	940,293
	1,545,386	1,074,146	2,619,532
	Unrestricted	Restricted
	funds	funds	Total
	2024	2024	2024
	£	£	£
Grants awarded	1,968,032	178,560	2,146,592
Rent subsidies		1,152,440	1,152,440
	1,968,032	1,331,000	3,299,032

	Activities	Grant
	undertaken	funding of	Support	Total
	directly	activities	costs	funds
	2025	2025	2025	2025
	£	£	£	£
Grants awarded	355,936	1,004,638	318,665	1,679,239
Rent subsidies		940,293		940,293
	355,936	1,944,931	318,665	2,619,532
	Activities	Grant
	undertaken	funding of	Support	Total
	directly	activities	costs	funds
	2024	2024	2024	2024
	£	£	£	£
Grants awarded	382,775	1,443,065	320,752	2,146,592
Rent subsidies		1,152,440		1,152,440
	382,775	2,595,505	320,752	3,299,032

	Total	Total
	funds	funds
	2025	2024
	£	£
Staff costs	129,663	151,245
Other costs	102,262	129,920
Apportioned costs	124,011	101,610
	355,936	382,775

Category:	2025	2024
		%
Cost of raising funds	24.24%	25.64%
Property costs	22.83%	27.52%
Marketing	15.94%	14.25%
Charitable activities support costs	25.78%	21.32%
Governance costs	11.21%	11.27%

	Total	Total
	funds	funds
	2025	2024
	£	£
Staff costs	143,924	148,981
Depreciation	4,619	5,275
Audit fees	19,745	16,950
Governance costs	150,377	149,546
	318,665	320,752

		2025	2024
		£	£
Fees payable to the Company's auditor for the audit of the Company's
annual accounts	'	17,595	16,950
Fees payable to the Company's auditor in respect of:
All taxation advisory services not included above		1,995	1,895

	Group	Group	Company	Company
	2025	2024	2025	2024
	£	£	£	£
Wages and salaries	653,680	731,888	541,473	608,228
Social security costs	69,806	68,700	69,806	68,700
Contribution to defined contribution pension
schemes	29,821	32,332	29,821	32,332
	753,307	832,920	641,100	709,260

	Group	Group
	2025	2024
	No.	No.
Marketing and Fund Development	5.0	4.0
Charitable activities	7.0	8.3
Operations	5.8	5.3
Finance and Governance	5.0	6.0
	22.8	23.6

					Group	Group
					2025	2024
					No.	No.
In	the	band	£60,001-£70,000		1	1
In	the	band	£80,001	- £90,000		1
In	the	band	£90,001	- £100,000	1

	Website
	£
Cost
At 1 Aprii 2024	17,000
At 31 March 2025	17,000
Amortisation
At 1 April 2024	9,563
Charge for the year	4,250
At 31 March 2025	13,813
Net book value
At 31 March 2025	3,187
At 31 March 2024	7,437

		NOTES TO THE FINANCIAL STATEMENTS
		FOR THE YEAR ENDED 31 MARCH 2025
17.	Tangible fixed assets
	Group
			Office
			fixtures &
			fittings
			£
	Cost or valuation
	At 1 April 2024		979,088
	Additions		31,505
	Disposals		(713,528)
	At 31 March 2025		297,065
	Depreciation
	At 1 April 2024		946,360
	Charge for the year		20,235
	On disposals		(713,528)
	At 31 March 2025		253,067
	Net book vaiue
	At 31 March 2025		43,998
	At 31 March 2024		32J2Q

	Office fixtures
	& fittings
	£
Cost or vaiuation
At 1 April 2024	40,650
At 31 March 2025	40,650
Depreciation
At 1 April 2024	40,065
Charge for the year	369
At 31 March 2025	40,434
Net book vaiue
At 31 March 2025	216
At 31 March 2024	585

Investment property Group
	Freehold	Long	term leasehold
	investment property	investment property		Totai
	£		£	£
Vaiuation
At 1 April 2024	31,899,543		1,806,000	33,705,543
Disposals	(2,350,000)			(2,350,000)
(Deficit)/gain on revaluation	(732,000)		7,000	(725,000)
Increase in value of land site sold in the
year	1,520,000			1,520,000
At 31 March 2025	30,337,543		1,813,000	32,150,543

	Freehoid	Long term leasehoid
	investment property	investment property	Totai
	£	£	£
Valuation
At 1 April 2024	23,074,543	1,806,000	24,880,543
(Deficit)/gain on revaluation	(367,000)	7,000	(360,000)
At 31 March 2025	22,707,543	1,813,000	24,520,543

	Investments
	in
	subsidiary	Listed
	companies	investments	Total
Company	£	£	£
Cost or valuation
At 1 April 2024	400,001	20,845,815	21,245,816
Additions		240,316	240,316
Disposals		(41,221)	(41,221)
Revaluations		(795,453)	(795,453)
At 31 March 2025	400,001	20,249,457	20,649,458

The following were subsidiary undertakings of	The following were subsidiary undertakings of	the Company:	the Company:	the Company:
Names		Company		Principal activity		Class of		Holding
		number				shares
MK Community Properties Limited		2650530		Provider of Meeting		Ordinary	£1	100%
				and Conference		shares
				Facilities and Small
				Business Units
								100%
MKCP Limited		9466716		Dormant		Ordinary	£1
						shares
The financial results of the subsidiaries	for the	year were:
Names	Income		Expenditure *		Profit/(Loss)		Net assets
	£			£	for the year £			£
MK Community Properties Limited	723,976			(1,437,895)		(713,919)		8,053,242
MKCP Limited								1

	Social
	Enterprise
	project
	£
Cost or valuation
At 1 April 2024	10,000
	10,000
Net book value
At 31 March 2025	10,000
At 31 March 2024	10,000

	Group	Group	Company	Company
	2025	2024	2025	2024
	£	£	£	£
Due within one year
Trade debtors	402,689	250,543	336,719	164,316
Amounts owed by group undertakings				446,644
Other debtors	431,255	120,213	431,255	120,213
Prepayments and accrued income	305,829	610,645	180,638	487,294
	1,139,773	981,401	948,612	1,218,467

	Group	Group	Company	Company
	2025	2024	2025	2024
	£	£	£	£
Bank loans	500,000		500,000
Trade creditors	88,842	83,802	82,380	80,306
Amounts owed to group undertakings			40,909
Other taxation and social security	61,284	62,281	61,284	62,281
Other creditors	93,963	151,411	53,980	114,711
Accruals and deferred income	943,034	602,384	901,826	558,263
Grants accrued	265,267	334,699	265,267	334,699
	1,952,390	1,234,577	1,905,646	1,150,260
	Group	Group	Company	Company
	2025	2024	2025	2024
	£	£	£	£
Deferred income at 1 April 2024	213,878	46,758	177,236
Resources deferred during the year	398,035	213,878	358,817	177,236
Amounts released from previous periods	(167,120)	(46,758)	(177,236)
	444,793	213,878	358,817	177,236

		Group	Group	Company	Company
		2025	2024	2025	2024
		£	£	£	£
Bank	loans		500,000		500,000

Statement of funds -	current year
						Balance at
	Balance at			Transfers	Gains/	31 March
	1 April 2024	Income	Expenditure	In/out	(Losses)	2025
	£	£	£	£	£	£
Unrestricted funds
Designated funds
Property	33,536,630	191,000		(707,173)	795,000	33,815,457
General funds
Community	762,882	3,468,557	(3,801,292)	629,206	(194,601)	864,751
Total Unrestricted
Funds	34,299,512	3,659,557	(3,801,292)	(77,967)	600,398	34,680,208
						Balance at
	Balance at			Transfers	Gains/	31 March
	1 April 2024	Income	Expenditure	In/out	(Losses)	2025
	£	£	£	£	£	£
Restricted funds
9Eons Limited	4,563		(4,343)			220
Adams Family Fund	654					654
Afghan Crisis Appeai Fund	130					130
Angiian Water Grants Fund	78			(78)
Angiian Water Positive Diff Fund	6,100			(6,100)
ARK Community 1®'	95,558	2,773	(2,695)		(3,937)	91,699
Arts Com 1®'	948,737	23,712	(66,586)	40,878	(33,666)	913,075
Arts Fund	524,664	18,131	(10,199)		(23,882)	508,714
Barciay Com 1®'	17,765	482	(1,877)		(685)	15,685

						Balance at
Balance at				Transfers	Gains/	31 March
	1 April	Income	Expenditure	In/out	(Losses)	2025
	2024	£	£	£	£	£
	£
Blairman/Beck Com 1®'	18,331	2,014	(770)		(785)	18,790
Boswell Mental Health Fund	15,481	396	(1,100)			14,777
Bradville Community Fund		27,197		26,027	(2,167)	51,057
Bramwell Fund	8,182	2,000	(9,940)			242
Brighton Com 1='	63,562	1,752	(2,200)		(2,502)	60,612
Brighton Fund	194,880	5,433	(1,860)		(7,713)	190,740
Brighton Grassroots	239,690	7,065	(4,950)		(10,031)	231,774
Chicheley Fund	2,505	2,068	(3,850)			723
Chichley Fund Endowment	73,702	5,725			(2,584)	76,843
Com 1®' General Fund	1,325,340	27,043	(52,179)	21,179	(52,592)	1,278,791
Community Restitution Fund	81	25,619	(13,034)			12,666
Cost of Living (Surviving Winter)	45,957	8,852	(15,957)	(38,852)
Covid 19 Emergency Appeal	60,485			(60,485)
Covid-19 Recovery Fund	101,095		(21,600)	(79,495)
Cumming Com 1®‘	49,488	1,438	(550)		(2,041)	48,335
D Lock Com 1='	195,628	5,910	(564)		(8,391)	192,583
David Lock Flowthrough	1,101	13,000	(2,206)			11,895
David Lock Grassroots	100,879	2,861	(3,300)		(4,062)	96,378
David Winks Endowment Fund	127,414	3,700			(5,254)	125,860
Ecos - Active MK Flowthrough Fund	7,248		(6,734)			514
Edward Hurley Fund	363,368	10,874	(6,002)		(14,729)	353,511
Environmental Fund		4,375	(5,527)	60,485		59,333
Food Bank	653,641	19,012	(17,156)		(26,993)	628,504
Forman Family Fund	28,000	849			(692)	28,157
Fred Roche Com 1®'	18,492	747			(641)	18,598
Gosal Family Fund	33,695	3,928	(825)		(1,386)	35,412

							Balance at
Balance at		1			Transfers	Gains/	31 March
	April 2024		Income	Expenditure	In/out	(Losses)	2025
		£	£	£	£	£	£
Grassroots General	309,742		7,955	(2,394)		(11,294)	304,009
Great Linford Fund	1,903			(1,903)
Great Linford Waterside Festival	53,646		1,436	(4,400)		(2,039)	48,643
Heaton Tarrant	175,502		5,129	(3,300)		(7,283)	170,048
Helen Parlour Dance Bursary	1,000			(1,000)
High Sherriff Flowthrough Fund			10,113	(3,590)			6,523
Hill Memorial Com 1=‘	38,303		1,112	(990)		(1,578)	36,847
Home Retail Grassroots	38,748		1,097	847		(1,558)	39,134
Hopkinson Music Bursary Fund	96,168		2,413			(3,426)	95,155
HSF Prevention of Crime Fund	1				(1)
Hutchings Family Fund	39,470		2,747	(1,100)		(1,804)	39,313
ICAEW Social Mobility Fund	111						111
ICR Leasing Fund			26,395		25,000	(2,068)	49,327
Interdirect Com 1®'	10,612		276			(393)	10,495
Jubilee Com 1®'	469,542		12,824			(18,208)	464,158
Jubilee Sports Fund	614		35				649
Keen Com 1®‘	66,168		1,857	(3,300)		(2,636)	62,089
Koss Com 1®’	8,631		267			(379)	8,519
Large Strategic Grant	587,500				(40,878)		546,622
Local Giving Fund	72,596		429,640	(423,136)			79,100
M Powell Grassroots	363,368		10,244	(8,918)		(14,543)	350,151
Margaret Powell Fund	356						356
MK Business Leaders Fund	15		1,500				1,515
MK Canalside Endowment Fund			19,956		15,000	(1,417)	33,539
MK Christian Centre Fund	3,346			(1,100)			2,246
MK City Council - TVP Boxing	5,476			4,524			10,000
MK Council 2050 Fund	118,094		3,404	1,348		(4,834)	118,012

statement of funds - current	statement of funds - current	year
	Balance at						Balance at
		1 April			Transfers	Gains/	31 March
		2024	Income	Expenditure	In/out	(Losses)	2025
		£	£	£	£	£	£
MK DASS		411,523	10,659	(12,801)		(15,132)	394,249
MK Music Service Friends		6,295		(1,100)			5,195
MKC Piatinum Jubiiee Fund			16,921	(16,921)
MKCC Crime Prevention Fund			100,000	(38,335)			61,665
Motus Dance Bursary/Heien Parior		28,358	1,401		513	(1.113)	29,159
MyMiitonKeynes Fund		24,880	6,556			(1,048)	30,388
National Hockey Foundation - F/T		70,042	15,000	(29,123)			55,919
New City Fund		18,331	16,501	(6,600)	84,778		113,010
New Communities - Kinqsmead		21,074					21,074
New Communities - West		9,252		(2,810)			12,062
New Communities - East		173,901		(9,040)			164,861
Next Generation Fund		2,166	4,919	(17,589)	55,517		45,013
NHBC Com 1='		48,234	7,630	(2,750)		(1,938)	51,176
Niftylift		55,418	1,443	2,923		(2.050)	57,734
Niftylift Com 1=‘		63,073	1,786	(1,755)		(2,537)	60,567
Norman Hawes Fiowthrough		8,386
Norman Hawes Memorial Trust		165,204	4,131			(5,865)	163,470
OIney Educational Trust Fund		6,501
Parks Trust Com 1®'		508,008	11,858	(12,177)		(17,176)	490,513
Pearson Com 1®'		10,264	278			(394)	10,148
Pearson Family Arts Fund			18,968			(624)	18,344
Pearson Fund		20,591	1,548			(835)	21,304
Personal Assurance Charitable		8	10,000
Powell Com 1®'	10,187,290		256,567	(115,800)		(364,266)	9,963,791
Rainscourt Family Law Solicitors		383		168			551
Randal Foundation Flowthrough			33,000	(4,125)			28,875
Reilly Grassroots		19,192	544	(550)		(773)	18,413

							Balance at
Balance at 1 April					Transfers	Gains/	31 March
		2024	Income	Expenditure	In/out	(Losses)	2025
		£	£	£	£	£	£
Routeco Fund		9,741		(7,172)			2,569
RSM Fund		891	23	(880)			34
RTW Plus Fund		25,000	758			(617)	25,141
Section 106 Broughton			34,154	(5,123)			29,031
Section 106 Fund		433		(433)
Section 106 Wolverton			14,001	(4,600)			9,401
Shoosmiths Com 1='		23,831	551			(782)	23,600
Shoosmiths Fund		1,233		(1,053)			180
Shoosmiths Grassroots		4,804	148			(210)	4,742
Skelton Com 1®‘		14,344	340			(492)	14,192
Skelton Fund		35,977	2,247	(825)		(1,436)	35,963
SMC Corporation Endowment Fund			12,500				12,500
SMC Corporation Flowthrough			12,500				12,500
Tampon Tax Fund		2,047			(2,047)
The Beadle Fund		92,848	2,684	(1,100)		(3,810)	90,622
The Centre: MK		4,927	6,000	(5,309)			5,618
The Limb Family Acorn Fund		26,175	759			(1,076)	25,858
The Tony Byrne Financial		68,192	1,637	(6,600)	(10,000)	(2,323)	50,906
Thrive Homes		2,295		605			2,900
Torrin AM Fund		10,933	5,286			(648)	15,571
Upton Com 1®'		17,196	1,771	(495)	250	(779)	17,943
Volkswagen		115,568	2,415	(33,110)		(3,429)	81,444
Wilson Com 1®'		921,499	25,185	(18,117)		(35,757)	892,810
Wilson Grassroots		79,636	2,305	(1,502)		(3,273)	77,166
Women’s Fund		43,924	14,604	(12,375)	2,047	(1,508)	46,692
YIS Legacy Fund		39,500		(8,875)			30,625
Youth Social Action Fund		15,769			(15,769)
Total restricted funds	21,202,542		1,434,932	(1,074,145)	77,967	748,084	20,893,211
Total Funds	55,502,054		5,094,489	(4,875,437)		147,686	55,573,419

								Balance at
	Balance at					Transfers	Gains/	31 March
	1 April 2023		Income	Expenditure		in/out	(Losses)	2024
		£	£		£	£	£	£
Unrestricted
funds
Designated
Funds
Property	33,619,612					51,018	(134,000)	33,536,630
General funds
Community	1,213,634		3,404,956	(3,871,165)		(289,160)	304,617	762,882
Total
Unrestricted
funds	34,833,246		3,404,956	(3,871,165)		(238,142)	170,617	34,299,512
								Balance at
	Balance at					Transfers	Gains/	31 March
	1 April 2023		Income	Expenditure		in/out	(Losses)	2024
		£	£	£		£	£	£
Restricted funds
Arts Fund	481,741		18,733	(26,172)			50,363	524,665
Sports Relef Fund		141				(141)
Margaret Powell (Grants)		356						356
MK DASS Fund	369,117		10,494				31,912	411,523
RSM Fund		221	225	447				893
Women’s Fund		43,454	1,091	(3,803)			3,182	43,924
thecentrermk Fund		7,127		(2,200)				4,927
NiftyLift Fund		60,858	1,421	(11,182)			4,321	55,418
Family Funds		290,930	16,746	(6,898)		(173)	26,987	327,592
Edward Hurley
Memorial Fund		335,655	10,339	(14,190)		500	31,064	363,368

							Balance at
	Balance at				Transfers	Gains/	31 March
1	April 2023		Income	Expenditure	in/out	(Losses)	2024
		£	£	£	£	£	£
Grassroots Endowment
Fund	1,067,290		31,723	(39,423)		96,468	1,156,057
Shoosmiths Fund		1,280		(1,100)			180
Surviving Winter		92,512	7,833	(54,395)			45,950
Local Giving		97,093	599,936	(624,433)			72,597
New Communities Funds		208,970		(4,310)			204,660
Jubilee Sports Fund		121	120	(373)			614
Community First EMC	13,846,434		389,400	(369,119)	80,250	1,165,136	15,112,101
Hopkinson Music Fund		86,567	2,376			7,225	96,168
VWFund		6,415	72,241	(5,645)	37,500	5,057	115,568
Music Centre Fund		8,715		(2,420)			6,295
Business Leaders Fund		2,094		(2,090)			4
Great Linford Waterslide
Festival Fund		47,933	1,414			4,300	53,647
Prevention of Crime Fund		17		(15)			2
Rainscourt Fund		6,257		(5,874)			383
Tony Byrne Financial
Services Fund		32,050	11,450		20,000	4,691	68,191
Youth Social Action Fund		15,769					15,769
Bramwell Fund		14,690	8,000	(14,508)			8,182
Chicheley Fund		73,700	7,581	(10,450)		5,377	76,208
ICAEW Social Mobility Fund		111					111
New City Fund		21,431	7,900	(11,000)			18,331
Tampon Tax Fund		2,047					2,047
OIney Education Trust		6,501					6,501
Beadle Fund		84,921	2,643	(2,750)		8,035	92,849
MK Council 2050 Fund -
Hybrid		8,672	3,352	(9,839)	105,715	10,192	118,095
MK Council 2050 Fund -
Endowment		105,718			105,718		0
Watercare Fund		6,615					6,615
TVP - Violent Crime
Reduction		48		(57)			105

									Balance
		Balance at					Transfers	Gains/	at 31
	1	April 2023			Income	Expenditure	in/out	(Losses)	March
				£	£	£	£	£	2024
									£
Covid 19 Emergency
Response				65,034	950	(5,500)			60,484
MK Christian Centre Fund				10,161		(6,182)		(634)	3,346
Norman Hawes
Memoriai Trust
Endowment			148,769		4,067			12,369	165,205
Norman Hawes
Memoriai Trust Fiowthrough				8,386					8,386
NET Emergency Appeai				389					389
9 Eons Limited				1,952	10,000	(7,389)			4,563
Angiian Water Positive
Difference				6,100					6,100
LEAP Fund				4,509	(4,809)	300
Covid 19 Recovery Fund			102,926			(1,831)			101,095
Bosweii Mental Health
Fund				13,733	390		173	1,185	15,481
ECOS Active-MK				8,423		(1.175)			7,248
Personal Assurance Trust				4,500		(4,492)			8
Next Generation Fund				2,992	1,375	(2,200)			2,167
National Hockey Fund				78,491		(8,450)			70,041
Routeco Fund				5,900	10,000	(6.159)			9,741
Refugee Crisis Appeal				1,809	125	(1,804)			130
Torrin AM Fund				4,933	2,916		2,110	974	10,933
Limb Family Fund				23,194	1,146	(440)		2,272	26,172
Great Linford Fund				1,903					1,903
Thrive Homes				15,000		(12,705)			2,295
MKC Platinum Jubilee	Fund				16,921	(16,921)
David Lock Flowthrough				1.497	11,000	(11,396)			1,101
Heaton Tarrant			106,486		35,038	(1,540)	25,000	10,518	175,502
Large Strategic Grant			667,500				80,000		587,500
Food Bank			402,450		164,302		50,000	36,889	653,641
M8iG Crisis in Communities
Flowthrough Fund				4				(4)

						Balance
	Balance			Transfers	Gains/	at 31
	at 1 April	Income	Expenditure	in/out	(Losses)	March
	2023	£	£	£	£	2024
	£					£
David Winks Endowment
Fund	52,077	15,862	(550)	50,000	10,025	127,414
DCMS Communities in Crisis
Flowthrough Fund	227	(259)			32
MK City Councii - TVP Boxing
Fund		10,000	(4,524)			5,476
Community Restitution Fund		17,021	(16,940)			81
Motus Dance Bursary/ Helen
Parlor Dance Bursary		14,069		13,923	366	28,358
YIS Legacy Fund		39,500				39,500
My Milton Keynes Fund		12,675		12,500	(295)	24,880
Forman Family Fund		14,000		14,000		28,000
Helen Parlour Dance Bursary
GRANTS		1,000				1,000
RTW Plus Fund		12,500		12,500		25,000
Total restricted funds	19,172,519	1,595,327	(1,331,000)	238,142	1,527,554	21,202,542
Total funds	54,005,765	5,000,283	(5,202,165)		1,698,171	55,502,054

						Baiance at
	Baiance at 1			Transfers	Gains/	31 March
	April 2024	Income	Expenditure	in/out	(Losses)	2025
	£	£	£	£	£	£
Designated
funds	33,536,630	191,000		(707,173)	795,000	33,815,457
General funds	762,882	3,468,557	(3,801,292)	629,206	(194,602)	864,751
Restricted
funds	21,202,542	1,434,932	(1,074,146)	77,967	(748,084)	20,893,211
	55,502,054	5,094,489	(4,875,438)		(147,686)	55,573,419

						Balance at
	Balance at			Transfers	Gains/	31 March
	1 April 2023	Income	Expenditure	in/out	(Losses)	2024
	£	£	£	£	£	£
Designated
funds	33,619,612			51,018	(134,000)	33,536,630
General funds	1,213,634	3,404,956	(3,871,165)	(289,160)	304,617	762,882
Restricted
funds	19,172,519	1,595,327	(1,331,000)	238,142	1,527,554	21,202,542
	54,005,765	5,000,283	(5,202,165)		1,698,171	55,502,054

	Unrestricted	Restricted	Totai
	funds	funds	funds
	2025	2025	2025
	£	£	£
Tangible fixed assets	43,998		43,998
Intangible fixed assets	3,187		3,187
Fixed asset investments		20,249,457	20,249,457
Investment property	32,150,543		32,150,543
Social investments	10,000		10,000
Current assets	4,424,870	643,754	5,068,624
Creditors due within one year	(1,952,390)		(1,952,390)
Total	34,680,208	20,893,211	55,573,419

	Unrestricted	Restrictea	Total
	funds	funds	funds
	2024	2024	2024
	£	f	£
Tangible fixed assets	32,727		32,727
Intangible fixed assets	7,437		7,437
Fixed asset investments		20,845,815	20,845,815
Investment property	33,705,543		33,705,543
Social investments	10,000		10,000
Current assets	2,278,382	356,727	2,635,109
Creditors due within one year	(1,234,577)		(1,234,577)
Creditors due in more than one year	(500,000)		(500,000)
Total	34,299,512	21,202,542	55,502,054

	Group	Group
	2025	2024
	£	£
	71,365	1,496,289
Net income for the year (as per Statement of Financial Activities)
Adjustments for:
Depreciation charges	20,235	43,340
Amortisation charges	4,250	4,250
(Gains)/losses on investments	453	(1,698,171)
Dividends, interests and rents from investments	(729,931)	(640,847)
Decrease/(increase) in debtors	(158,372)	113,719
increase in creditors	217,812	45,480
Net cash used in operating activities	(574,188)	(635,940)

	Group	Group
	2025	2024
	£	£
Cash in hand	938,927	799,616
Deposit accounts	2,754,880	622,689
MK Community Properties Ltd bank accounts	235,044	231,403
Totai cash and cash equivaients	3,928,851	1,653,708

		At 1 April		At 31 March
		2024	Cash flows	2025
		£	E	£
Cash	at bank and in hand	1,653,708	2,275,143	3,928,851
Debt	due within 1 year		(500,000)	(500,000)
Debt	due after 1 year	(500,000)	500,000
		1,153,708	2,275,143	3,428,851

Analysis of grants made	Unrestricted funds	Restricted funds	Local Giving	Total
	£	£	£	£
Voluntary groups and charities		653,339	423,136	1,076,475
individuals
Total		653,339	423,136	1,076,475

		2025		2024
		£	£	£	£
Grants to Voluntary	Groups and Charities	653,339		891,312
Grants through Locai Giving		423,136		624,433
Grants to Individuals
			1,076,475		1,515,745
Commitments at 1 April			334,699		261,659
Commitments made	in the year	1,054,714		1,463,175
Grants cancelled or	recovered at year end	(100,974)		(22,725)
Grants payable for the year			953,740		1,440,450
Grants paid during the year			(1,023,173)		(1,367,410)
Commitments at 31	March	£	265,266	£	334,699
Commitments at 31	March are payabie as	foliows:	2025		2024
			£		£
Within one year			265,266		334,699
After one year
			265,266		334,699

	Group	Group	Company	Company
	2025	2024	2025	2024
	£	£	£	£
Not later than 1 year	7,027	7,066	7,027	7,027
Later than 1 year and not later than 5 years	14,054	21,082	14,054	21,082
	21,081	28,148	21,081	28,109