MARGARET MCMILLAN LIMITED

Registered charity 1118357 · accounts filings on the Charity Commission register · also known as MARGARET MCMILLAN NURSERY SCHOOL

PROVISION OF NURSERY EDUCATION TOGETHER WITH PROVISION OF RECREATIONAL FACILITIES

Objects

3.1.1 THE PROVISION OF NURSERY EDUCATION FOR CHILDREN UNDER THE AGE OF SIX YEARS WHOSE PARENT OR PARENTS OR GUARDIAN OR GUARDIANS ARE RESIDENT IN OR WHOSE PLACE OF WORK IS IN THE BOUNDS OF THE CITY OF PLYMOUTH TOGETHER WITH THE PROVISION OF RECREATIONAL FACILITIES FOR SUCH CHILDREN TOGETHER WITH ANY OTHER CHARITABLE PURPOSES WHICH THE EXECUTIVE COMMITTEE DEEMS TO BE FOR THE BENEFIT OF SUCH CHILDREN.

Area of benefit: PLYMOUTH

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · Get email alerts

Latest income
£843k
Latest spending
£846k
Registered
2007
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net operating deficit of £2,998 for the year ended 31 August 2025, resulting in unrestricted funds decreasing slightly from £504,666 to £501,668. The trustees consider the financial position satisfactory, noting that sufficient reserves are held to maintain activities despite financial pressures from increased costs and government funding changes. The charity operates on a going concern basis with no material uncertainties identified.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Fees (50% of income)
“Fees Nursery provision 419,715” — page 13
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: three months of the resources expended (held: £502k)
“The Trustees have established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets (‘the free reserves’) held by the charity should be three months of the resources expended.” — page 4
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

In its annual return the charity told the Commission it is also regulated by: Ofsted (Office For Standards In Education). This is the charity’s own declaration; it is not a rating and has not been verified by the Commission or by this site.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Structured financials (annual return, FY ending 31/08/2025)

Total income
£843k
Total spending
£846k
Reserves (reported)
£442k
Employees
27

Reported reserves equal ~6.3 months of spending — above the median for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Charitable activities (100% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (4.9%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Plymouth City

Income and spending

Financial year endIncomeSpending
31/08/2025£843k£846k
31/08/2024£757k£725k
31/08/2023£709k£678k
31/08/2022£612k£656k
31/08/2021£605k£593k

Common questions

Is MARGARET MCMILLAN LIMITED financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net operating deficit of £2,998 for the year ended 31 August 2025, resulting in unrestricted funds decreasing slightly from £504,666 to £501,668. The trustees consider the financial position satisfactory, noting that sufficient reserves are held to maintain activities despite financial pressures from increased costs and government funding changes. The charity operates on a going concern basis with no material uncertainties identified. Its FY2025 accounts were independently examined.