MILTON KEYNES COMMUNITY FOUNDATION LIMITED — Charity Commission profile

01 Identity

Registration and reporting

Registration status: Registered
Reporting status: Submission Received
Charity type: Charitable company
Registered: 2 December 1986
Removed: Not supplied
Company number supplied: 02032715
Financial period: 1 April 2024 – 31 March 2025
Latest income: £5,094,489
Latest expenditure: £4,875,438
Gift Aid: Yes
Owns or uses land: Yes
In administration: No
Insolvent: No
CIO: No

Public contact address: ACORN HOUSE, 381 MIDSUMMER BOULEVARD, CENTRAL MILTON KEYNES, MK9 3HP

Website recorded by the regulator: www.mkcommunityfoundation.co.uk (displayed as text)

02 Activities

What the charity does

We are a local Independant grant making charity. We raise funds by obtaining donations from individuals and companies. Local charities and community groups apply for grants to support their charitable activities in Milton Keynes. Via our subsidiary company, MK Community Properties Ltd, we provide local voluntary and community organisations with accomodation at a subsidised rate.

03 Official extract

Charity Annual Return History

Fin Period Start Date: 1 April 2024
Fin Period End Date: 31 March 2025
Ar Cycle Reference: AR25
Reporting Due Date: 31 January 2026
Date Annual Return Received: 5 January 2026
Date Accounts Received: 5 January 2026
Total Gross Income: £5,094,489
Total Gross Expenditure: £4,875,438

Fin Period Start Date: 1 April 2023
Fin Period End Date: 31 March 2024
Ar Cycle Reference: AR24
Reporting Due Date: 31 January 2025
Date Annual Return Received: 11 November 2024
Date Accounts Received: 11 November 2024
Total Gross Income: £5,000,283
Total Gross Expenditure: £5,202,165

Fin Period Start Date: 1 April 2022
Fin Period End Date: 31 March 2023
Ar Cycle Reference: AR23
Reporting Due Date: 31 January 2024
Date Annual Return Received: 11 October 2023
Date Accounts Received: 11 October 2023
Total Gross Income: £5,819,738
Total Gross Expenditure: £5,692,835

Fin Period Start Date: 1 April 2021
Fin Period End Date: 31 March 2022
Ar Cycle Reference: AR22
Reporting Due Date: 31 January 2023
Date Annual Return Received: 22 December 2022
Date Accounts Received: 22 December 2022
Total Gross Income: £5,798,052
Total Gross Expenditure: £5,039,701

Fin Period Start Date: 1 April 2020
Fin Period End Date: 31 March 2021
Ar Cycle Reference: AR21
Reporting Due Date: 31 January 2022
Date Annual Return Received: 21 January 2022
Date Accounts Received: 21 January 2022
Total Gross Income: £4,358,402
Total Gross Expenditure: £4,385,802

04 Official extract

Charity Annual Return Parta

Latest Fin Period Submitted Ind: Yes
Fin Period Order Number: 1
Ar Cycle Reference: AR25
Fin Period Start Date: 1 April 2024
Fin Period End Date: 31 March 2025
Ar Due Date: 31 January 2026
Ar Received Date: 5 January 2026
Total Gross Income: £5,094,489
Total Gross Expenditure: £4,875,438
Grant Making Is Main Activity: Yes
Count Govt Contracts: 0
Count Govt Grants: £0
Charity Has Trading Subsidiary: Yes
Trustee Also Director Of Subsidiary: Yes
Does Trustee Receive Any Benefit: Yes
Trustee Payments Acting As Trustee: No
Trustee Receives Payments Services: Yes
Trustee Receives Other Benefit: No
Trustee Resigned Employment: No
Employees Salary Over 60k: Yes
Count Salary Band 60001 70000: 1
Count Salary Band 90001 100000: 1
Count Volunteers: 19

Latest Fin Period Submitted Ind: No
Fin Period Order Number: 2
Ar Cycle Reference: AR24
Fin Period Start Date: 1 April 2023
Fin Period End Date: 31 March 2024
Ar Due Date: 31 January 2025
Ar Received Date: 11 November 2024
Total Gross Income: £5,000,283
Total Gross Expenditure: £5,202,165
Grant Making Is Main Activity: Yes
Count Govt Contracts: 0
Count Govt Grants: £0
Charity Has Trading Subsidiary: Yes
Trustee Also Director Of Subsidiary: Yes
Does Trustee Receive Any Benefit: No
Trustee Payments Acting As Trustee: No
Trustee Receives Payments Services: No
Trustee Receives Other Benefit: No
Trustee Resigned Employment: No
Employees Salary Over 60k: Yes
Count Salary Band 60001 70000: 1
Count Salary Band 80001 90000: 1
Count Volunteers: 15

Latest Fin Period Submitted Ind: No
Fin Period Order Number: 3
Ar Cycle Reference: AR23
Fin Period Start Date: 1 April 2022
Fin Period End Date: 31 March 2023
Ar Due Date: 31 January 2024
Ar Received Date: 11 October 2023
Total Gross Income: £5,819,738
Total Gross Expenditure: £5,692,835
Grant Making Is Main Activity: Yes
Count Govt Contracts: 0
Count Govt Grants: £0
Charity Has Trading Subsidiary: Yes
Trustee Also Director Of Subsidiary: Yes
Does Trustee Receive Any Benefit: No
Trustee Payments Acting As Trustee: No
Trustee Receives Payments Services: No
Trustee Receives Other Benefit: No
Trustee Resigned Employment: No
Employees Salary Over 60k: Yes
Count Salary Band 80001 90000: 1
Count Volunteers: 12

Latest Fin Period Submitted Ind: No
Fin Period Order Number: 4
Ar Cycle Reference: AR22
Fin Period Start Date: 1 April 2021
Fin Period End Date: 31 March 2022
Ar Due Date: 31 January 2023
Ar Received Date: 22 December 2022
Total Gross Income: £5,798,052
Total Gross Expenditure: £5,039,701
Charity Raises Funds From Public: No
Grant Making Is Main Activity: Yes
Charity Receives Govt Funding Contracts: No
Charity Receives Govt Funding Grants: No
Charity Has Trading Subsidiary: Yes
Trustee Also Director Of Subsidiary: Yes
Does Trustee Receive Any Benefit: No
Trustee Resigned Employment: No
Employees Salary Over 60k: Yes
Count Salary Band 70001 80000: 1
Count Volunteers: 0

Latest Fin Period Submitted Ind: No
Fin Period Order Number: 5
Ar Cycle Reference: AR21
Fin Period Start Date: 1 April 2020
Fin Period End Date: 31 March 2021
Ar Due Date: 31 January 2022
Ar Received Date: 21 January 2022
Total Gross Income: £4,358,402
Total Gross Expenditure: £4,385,802
Charity Raises Funds From Public: No
Grant Making Is Main Activity: Yes
Charity Receives Govt Funding Contracts: No
Charity Receives Govt Funding Grants: No
Charity Has Trading Subsidiary: Yes
Trustee Also Director Of Subsidiary: Yes
Does Trustee Receive Any Benefit: No
Trustee Resigned Employment: No
Employees Salary Over 60k: Yes
Count Salary Band 70001 80000: 1
Count Volunteers: 8

05 Official extract

Charity Annual Return Partb

Latest Fin Period Submitted Ind: Yes
Fin Period Order Number: 1
Ar Cycle Reference: AR25
Fin Period Start Date: 1 April 2024
Fin Period End Date: 31 March 2025
Ar Due Date: 31 January 2026
Ar Received Date: 5 January 2026
Income Donations And Legacies: 1937685
Income Other Trading Activities: 723976
Income Charitable Activities: 519148
Income Investments: 1913680
Income Other: 0
Income Total Income And Endowments: 5094489
Income Legacies: 0
Income Endowments: 806133
Expenditure Raising Funds: £2,255,906
Expenditure Charitable Expenditure: £2,619,532
Expenditure Other: 0
Expenditure Total: 4875438
Expenditure Investment Management: 0
Expenditure Grants Institution: 1944931
Expenditure Governance: 150377
Expenditure Support Costs: 318665
Expenditure Depreciation: 20235
Gain Loss Investment: -748084
Gain Loss Pension Fund: 0
Gain Loss Revaluation Fixed Investment: 0
Gain Loss Other: -147686
Reserves: £864,751
Assets Total Fixed: 52457185
Assets Own Use: 57185
Assets Long Term Investment: 52400000
Defined Benefit Pension Scheme: 0
Assets Other Assets: £5,068,624
Assets Total Liabilities: £1,952,390
Assets Current Investment: 0
Assets Total Assets And Liabilities: £55,573,419
Creditors One Year Total Current: 1952390
Creditors Falling Due After One Year: 0
Assets Cash: £3,928,851
Funds Endowment: 0
Funds Unrestricted: 34680208
Funds Restricted: 20893211
Funds Total: 55573419
Count Employees: 23
Consolidated Accounts: Yes

Latest Fin Period Submitted Ind: No
Fin Period Order Number: 2
Ar Cycle Reference: AR24
Fin Period Start Date: 1 April 2023
Fin Period End Date: 31 March 2024
Ar Due Date: 31 January 2025
Ar Received Date: 11 November 2024
Income Donations And Legacies: 2308957
Income Other Trading Activities: 784923
Income Charitable Activities: 293351
Income Investments: 1613052
Income Other: 0
Income Total Income And Endowments: 5000283
Income Legacies: 0
Income Endowments: 0
Expenditure Raising Funds: £1,903,133
Expenditure Charitable Expenditure: £3,299,032
Expenditure Other: 0
Expenditure Total: 5202165
Expenditure Investment Management: 0
Expenditure Grants Institution: 2595505
Expenditure Governance: 149546
Expenditure Support Costs: 285236
Expenditure Depreciation: 6910
Gain Loss Investment: 1698171
Gain Loss Pension Fund: 0
Gain Loss Revaluation Fixed Investment: 0
Gain Loss Other: 0
Reserves: £762,882
Assets Total Fixed: 54601522
Assets Own Use: 50164
Assets Long Term Investment: 54551358
Defined Benefit Pension Scheme: 0
Assets Other Assets: £2,635,109
Assets Total Liabilities: £1,734,577
Assets Current Investment: 0
Assets Total Assets And Liabilities: £55,502,054
Creditors One Year Total Current: 1234577
Creditors Falling Due After One Year: 500000
Assets Cash: £1,653,708
Funds Endowment: 0
Funds Unrestricted: 34299512
Funds Restricted: 21202542
Funds Total: 55502054
Count Employees: 24
Consolidated Accounts: Yes

Latest Fin Period Submitted Ind: No
Fin Period Order Number: 3
Ar Cycle Reference: AR23
Fin Period Start Date: 1 April 2022
Fin Period End Date: 31 March 2023
Ar Due Date: 31 January 2024
Ar Received Date: 11 October 2023
Income Donations And Legacies: 2703139
Income Other Trading Activities: 662253
Income Charitable Activities: 830659
Income Investments: 1623687
Income Other: 0
Income Total Income And Endowments: 5819738
Income Legacies: 0
Income Endowments: 1208667
Expenditure Raising Funds: £2,611,282
Expenditure Charitable Expenditure: £3,081,553
Expenditure Other: 0
Expenditure Total: 5692835
Expenditure Investment Management: 1405347
Expenditure Grants Institution: 1181621
Expenditure Governance: 178059
Expenditure Support Costs: 100267
Expenditure Depreciation: 6910
Gain Loss Investment: -7835715
Gain Loss Pension Fund: 0
Gain Loss Revaluation Fixed Investment: 0
Gain Loss Other: 0
Reserves: £1,213,634
Assets Total Fixed: 52565345
Assets Own Use: 33913419
Assets Long Term Investment: 18651926
Defined Benefit Pension Scheme: 0
Assets Other Assets: £3,629,518
Assets Total Liabilities: £2,189,098
Assets Current Investment: 0
Assets Total Assets And Liabilities: £54,005,765
Creditors One Year Total Current: 2189098
Creditors Falling Due After One Year: 0
Assets Cash: £2,534,398
Funds Endowment: 33619612
Funds Unrestricted: 1213634
Funds Restricted: 19172519
Funds Total: 54005765
Count Employees: 21
Consolidated Accounts: Yes

Latest Fin Period Submitted Ind: No
Fin Period Order Number: 4
Ar Cycle Reference: AR22
Fin Period Start Date: 1 April 2021
Fin Period End Date: 31 March 2022
Ar Due Date: 31 January 2023
Ar Received Date: 22 December 2022
Income Donations And Legacies: 3263706
Income Other Trading Activities: 458876
Income Charitable Activities: 571416
Income Investments: 1504054
Income Other: 0
Income Total Income And Endowments: 5798052
Income Legacies: 0
Income Endowments: 862766
Expenditure Raising Funds: £1,858,741
Expenditure Charitable Expenditure: £3,180,960
Expenditure Other: 0
Expenditure Total: 5039701
Expenditure Investment Management: 929224
Expenditure Grants Institution: 1359741
Expenditure Governance: 180573
Expenditure Support Costs: 249463
Expenditure Depreciation: 3941
Gain Loss Investment: 1620513
Gain Loss Pension Fund: 0
Gain Loss Revaluation Fixed Investment: 0
Gain Loss Other: 0
Reserves: £2,421,970
Assets Total Fixed: 61330767
Assets Own Use: 162302
Assets Long Term Investment: 61168465
Defined Benefit Pension Scheme: 0
Assets Other Assets: £2,380,641
Assets Total Liabilities: £1,996,830
Assets Current Investment: 0
Assets Total Assets And Liabilities: £61,714,578
Creditors One Year Total Current: 996830
Creditors Falling Due After One Year: 1000000
Assets Cash: £1,582,724
Funds Endowment: 0
Funds Unrestricted: 42613209
Funds Restricted: 19101369
Funds Total: 61714578
Count Employees: 19
Consolidated Accounts: Yes

Latest Fin Period Submitted Ind: No
Fin Period Order Number: 5
Ar Cycle Reference: AR21
Fin Period Start Date: 1 April 2020
Fin Period End Date: 31 March 2021
Ar Due Date: 31 January 2022
Ar Received Date: 21 January 2022
Income Donations And Legacies: 2096376
Income Other Trading Activities: 321531
Income Charitable Activities: 499398
Income Investments: 1441097
Income Other: 0
Income Total Income And Endowments: 4358402
Income Legacies: 0
Income Endowments: 521317
Expenditure Raising Funds: £1,646,374
Expenditure Charitable Expenditure: £2,739,428
Expenditure Other: 0
Expenditure Total: 4385802
Expenditure Investment Management: 781886
Expenditure Grants Institution: 2105166
Expenditure Governance: 204641
Expenditure Support Costs: 270900
Expenditure Depreciation: 112403
Gain Loss Investment: -8716384
Gain Loss Pension Fund: 0
Gain Loss Revaluation Fixed Investment: 0
Gain Loss Other: 0
Reserves: £2,365,448
Assets Total Fixed: 59375403
Assets Own Use: 207933
Assets Long Term Investment: 59167470
Defined Benefit Pension Scheme: 0
Assets Other Assets: £2,278,377
Assets Total Liabilities: £2,318,066
Assets Current Investment: 0
Assets Total Assets And Liabilities: £59,335,714
Creditors One Year Total Current: 1318066
Creditors Falling Due After One Year: 1000000
Assets Cash: £1,385,575
Funds Endowment: 14889266
Funds Unrestricted: 2365448
Funds Restricted: 42081000
Funds Total: 59335714
Count Employees: 20
Consolidated Accounts: Yes

06 Official extract

Charity Area Of Operation

Geographic Area Type: Local Authority
Geographic Area Description: Milton Keynes
Welsh Ind: No

Geographic Area Type: Local Authority
Geographic Area Description: Buckinghamshire
Welsh Ind: No

07 Official extract

Charity Classification

Classification Code: 103
Classification Type: What
Classification Description: The Advancement Of Health Or Saving Of Lives

Classification Code: 112
Classification Type: What
Classification Description: Environment/conservation/heritage

Classification Code: 113
Classification Type: What
Classification Description: Economic/community Development/employment

Classification Code: 105
Classification Type: What
Classification Description: The Prevention Or Relief Of Poverty

Classification Code: 203
Classification Type: Who
Classification Description: People With Disabilities

Classification Code: 302
Classification Type: How
Classification Description: Makes Grants To Organisations

Classification Code: 305
Classification Type: How
Classification Description: Provides Buildings/facilities/open Space

Classification Code: 301
Classification Type: How
Classification Description: Makes Grants To Individuals

Classification Code: 201
Classification Type: Who
Classification Description: Children/young People

Classification Code: 202
Classification Type: Who
Classification Description: Elderly/old People

Classification Code: 205
Classification Type: Who
Classification Description: Other Charities Or Voluntary Bodies

Classification Code: 109
Classification Type: What
Classification Description: Arts/culture/heritage/science

Classification Code: 101
Classification Type: What
Classification Description: General Charitable Purposes

Classification Code: 110
Classification Type: What
Classification Description: Amateur Sport

Classification Code: 104
Classification Type: What
Classification Description: Disability

Classification Code: 107
Classification Type: What
Classification Description: Accommodation/housing

Classification Code: 102
Classification Type: What
Classification Description: Education/training

08 Official extract

Charity Event History

Charity Name: MILTON KEYNES COMMUNITY FOUNDATION LIMITED
Charity Event Order: 1
Event Type: Standard registration
Date Of Event: 1986-12-02T00:00:00

Charity Name: MILTON KEYNES COMMUNITY FOUNDATION LIMITED
Charity Event Order: 5
Event Type: Asset transfer in
Date Of Event: 2024-04-08T00:00:00
Reason: Removed by application
Assoc Organisation Number: 4031185
Assoc Registered Charity Number: 1120074
Assoc Charity Name: MK YIS

Charity Name: MILTON KEYNES COMMUNITY FOUNDATION LIMITED
Charity Event Order: 3
Event Type: Asset transfer in
Date Of Event: 2017-09-25T00:00:00
Reason: Transfer of funds
Assoc Organisation Number: 293318
Assoc Registered Charity Number: 293318
Assoc Charity Name: NETHERFIELD CHILDREN'S CENTRE

Charity Name: MILTON KEYNES COMMUNITY FOUNDATION LIMITED
Charity Event Order: 2
Event Type: Asset transfer in
Date Of Event: 2014-12-16T00:00:00
Reason: Transfer of funds
Assoc Organisation Number: 1012786
Assoc Registered Charity Number: 1012786
Assoc Charity Name: THE POWELL FOUNDATION

Charity Name: MILTON KEYNES COMMUNITY FOUNDATION LIMITED
Charity Event Order: 4
Event Type: Asset transfer in
Date Of Event: 2019-08-30T00:00:00
Reason: Amalgamated
Assoc Organisation Number: 310542
Assoc Registered Charity Number: 310542
Assoc Charity Name: THE OLNEY EDUCATIONAL FOUNDATION

09 Official extract

Charity Governing Document

Governing Document Description: MEMORANDUM AND ARTICLES OF ASSOCIATION DATED 14TH MAY 1986 AS AMENDED BY SPECIAL RESOLUTION AT COMPANIES HOUSE 14 JANUARY 2010. as amended on 16 Oct 2024
Charitable Objects: TO PROMOTE ANY CHARITABLE PURPOSE FOR THE BENEFIT OF THE COMMUNITY AND ALSO INDIVIDUALS AND GROUPS IN THE BOROUGH OF MILTON KEYNES AND ELSEWHERE AND IN PARTICULAR (BUT WITHOUT PREJUDICE TO THE GENERALITY OF THE FOREGOING) THE ADVANCEMENT OF EDUCATION THE PROTECTION OF GOOD HEALTH BOTH MENTAL AND PHYSICAL AND THE RELIEF OF POVERTY DISTRESS AND DISABILITY OR SICKNESS.
Area Of Benefit: BOROUGH OF MILTON KEYNES

10 Official extract

Charity Policy

Policy Name: Paying staff

Policy Name: Complaints handling

Policy Name: Internal charity financial controls policy and procedures

Policy Name: Financial reserves policy and procedures

Policy Name: Trustee conflicts of interest policy and procedures

Policy Name: Investing charity funds policy and procedures

Policy Name: Safeguarding policy and procedures

Policy Name: Trustee expenses policy and procedures

Policy Name: Social media policy and procedures

Policy Name: Safeguarding vulnerable beneficiaries

Policy Name: Internal risk management policy and procedures

Policy Name: Bullying and harassment policy and procedures

Policy Name: Complaints policy and procedures

Policy Name: Volunteer management

Policy Name: Serious incident reporting policy and procedures

Policy Name: Investment

Policy Name: Risk management

Policy Name: Conflicting interests