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2024-09-30-accounts

Charity Registration Number: 1001633

The Illogan Old Community School Centre

Annual Report and Financial Statements For the Year Ended 30 September 2024

Jennifer Opie FCA Unit 3D Guildford Road Industrial Estate Hayle TR27 4QZ

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The Illogan Old Community School Centre

Contents

Reference and Administrative Details 3
Trustees' Report 4-6
Statement of Trustees’ Responsibilities 7
Independent Examiner's Report 8
Statement of Financial Activities 9
Balance Sheet 10
NotestotheFinancialStatements 11

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The Illogan Old Community School Centre

Reference and Administrative Details

Reference and Administration Details

Charity Name: The Illogan Old School Community Centre Other Names Charity isknown by: The Old School Centre Registered Charity Number: 1001633 Charity’s Principal Address: The Old School Centre, Nance Lane, Churchtown, lilogan, Cornwall TR16 4BB

Names of the Charity Trustees who manage the Charity as at 30/9/24:

Michael Tapping Chair

Christopher Stevenson Vice Chair Fred Gregg Treasurer Marie Heard Trustee Richard Fisher Trustee

Officers stand for 3 years and may stand for re-election

Name of Senior Staff Member

Jeanette Tapping Centre Manager

independent Examiner Jennifer Opie FCA Unit 3D Guildford Road Ind Estate Hayle Cornwall TR27 40Z

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The Illogan Old Community School Centre

Trustees’ Report

The trustees present the annual report together with the financial statements of the charity for the year ended 30 September 2024

Structure, governance and management Type of Governing Document: Constitution Adopted 10/7/1980

Amendments:

2014 Charity Name changed from The Self Heal Trust, plus some changes to objects/clauses in 2019.

How the Charity is constituted: Unincorporated Association

Trustee selection methods: Trustees are appointed/reappointed at the Annual General Meeting. Trustees stand for 3 years and may stand for re-election.

Additional Governance issues

Policies and procedures developed and adopted as required by the Charity Commission using funding provided by Awards for All:

All Trustees give their time voluntarily and received no remuneration or other benefits

The Trustees manage the Charity and hold regular meetings with the Centre Manager.

Objectives and activities

Summary of the objects of the Charity set out in its governing document.

The Association is established to facilitate activities that:

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The tllogan Old Community School Centre

® Hosted a programme of Cornish/History talks and exhibitions @ Held monthly tabletop sales along with weekly coffee mornings @ Hosted communal lunches @ Heid entertainment evenings /.e. Bingo and Quiz Nights e Partnered with other local venues to host I llogan Parish Fair

Additional details of objectives and activities

The Centre’s monthly activities i.e. Coffee Mornings, Tabletop Sales, Exhibitions, Talks and Lunches are proving very popular. Along with our regular visitors, we often weicome new comers to the Centre. The footfall has increased greatly throughout the year. The Centre prides itself in providing a warm, friendly, clean and safe space for individuals to interact and to join in Centre led activities and classes/groups provided by hirers.

Achievements and performance

Summary of the main activities of the Charity during the year 1/10/23 to 30/9/24

The Centre was used/hired for:

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| Spiritual Development; 3 Private Ballroom
Chair. Yoga : Craft Group Group Group/ Dance Groups |
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Over 60s Exercise Vin Yasa Yoga Hatha Yoga
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Mindfulness Classes
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The Centre was aiso used for Teacher Training Sessions, a Wedding Reception, Clairvoyance Evenings, Illogan Parish Fair Group meetings, Chocolatier (making chocolates), Children’s Parties, Christening Party, Parent /Carers Training, Cornish Language Event, Band Practices, Meetings, Peace Partners Book Sale, Together for Families Training Day.

We had a professional Chef on site to cook a discounted 2-course meal ona monthly basis between October 2023 to March 2024.

The Centre Garden was booked for children’s parties. Groups booking the Centre for Training Days used the gardenasa ‘break out’ space and for picnic lunches.

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The iliogan Old Community School Centre

Financial Review

Policy on reserves

itis the policy of the centre to hold free reserves equivalent to at least three months unrestricted payments, equivalent to £5,000, to cover emergency situations that may arise from time to time. The balance of free reserves at 30 September 2024 was £16,897 (2023: £11,363) so the Trustees are above target this year. The Trustees will continue to monitor reserves and ensure surplus funds are invested into meeting the objects of the charity. The main financial risk to the charity is loss of income from room hire.

Brief statementof the Charity’s policy on reserves

The Charity’s funds, included a residue of Grants received, Cash in hand, petty cash and cash in bank. £7500 of these funds have been set aside in a separate Savings Account. The Savings Account will be used (but not restricted) for future unexpected costs with regard to repairs and maintenance, and financial emergencies.

Our main sources of funds funds this year has has been:

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of funds funds this year has has been: : Main Sources of Income
@ Room Hire
@ House Rent/Utility ; ee —_ i
® Community Chest Grant Grants :
@ |llogan Parish Council Grant —e :
© Untfecitornings __ coon te any = SLE EERE |
® Talks, Tabletop Sales and Events £0 £5,000 £10,000 «£15,000
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Optional other information

Repairs and Maintenance costs have increased in 2023/2024 Financiai Year due to emergency light replacements, tarmac repairs, Solar Inspection. An inspection of the Centre’s Solar Panels and Equipment identified faults that required remedial attention, but will require £3k to £4k to improve generation. However, to increase generation significantly, the system would require complete renewal costing a significant amount £16k. No funding options have been identified at this time. The faulty gas heater in the Lounge was replaced in January thanks to funding by I!logan Parish Council and a fund raiser by one of our regular hirers. This year, the Trustees have been looking for funders for the re-routing of the Centre’s mains water supply (due to ald pipes discolouring the water}, and the replacement of the 32 year old failed doubie glazing in the Centre’s Kitchen. The Centre’s Volunteers f Sunnorters 7073/9094 numbered 31

Future pians:

The History/Carnish Theme Talks/Exhibitions/Evenings will be continuing along with our weekly Coffee Mornings, monthly Tabletop Sales/Hot Snacks Day, our Quiz Nights and Bingo Nights. We have a Festive Bingo with Quiz Night planned in the run up to Christmas 2024. The social aspect is proving popular with individuals who had felt isolated who now join us regularly alone with counles and other social erouns.

Public benefit

We aim to provide as many different types of activities as posisble to benefit a broad range of people within the cormmunity.

The trustees confirm that they have complied with the requirements cf section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.

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The an ae apport was approved by the trustees of the charity on 7‘ lY..!.7... and signed on its behalf by:
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Michael Ta6ping CuRisTo PH eve Sr ERKON
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----- End of picture text -----

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The tllogan Old Community School Centre

Statement of Trustees’ Responsibilities

The trustees are responsible for preparing the trustees’ report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.

The law applicable to charities requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the constitution. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by the trustees of the charity on eyBle and signed on its behalf by:

a . cHay sro CHE = STEVUEW aw sealcbéir and Trustee ~ APreA LASSE CA.

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The Illogan Old Community School Centre

Statement of Financial Activities for the Year Ended 30 September 2024

Unrestricted Restricted
funds funds Total funds Last year
£ £ £ £
Receipts
Donations and fundraising income 6,309 - 6,309 1,059
Membership subscriptions 24 - 24 6
Grants 464 - 464 474
Rental income 15,823 - 15,823 14,668
Talks, Events etc 2,795 2,795 -
Investment income 93 - 93 30)
Other income 951 - 951 1,019
Total Income 26,460 - 26,460 17,257
Payments
Wages and salaries 9,185 - 9,185 8,528
inspections - House & Centre 286 - 286 331
Sundry expenses 1,356 - 1,356 2,135
Accountancy fees 500 - 500 350
Rates 682 - 682 718
Light, heat and power 2,272 - 2,272 1,494
insurance 1,415 ~ 1415 1,281
Repairs and maintenance 1,753 - 1,753 1,022
Advertising - - -
Telephone and fax 855 - 855 812
Printing, postage and stationery 727 - 727 188
Depreciation 959 1,386 2,345 2,495
Total expenditure 19,9893 1,386 21,375 19,353
Net movement in funds 6,471 (1,386) 5,085 (2,096)
Transfer between funds - - - -
Reconcilliation of funds
Total funds brought forward 373,303 6,046 379,349 381,445
Totalfundscarriedforward 4 379,774__ 4,660 384,434 379,349

Ail of the charity's activities derive from continuing operations during the above two periods.

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The tllogan Old Community School Centre

Registration number: 1001633 Balance Sheet as at 30 September 2024

Note 2024 2023
£ £
Fixed assets
Tangible assets 3 367,037 367,486
Current assets
Debtors 1,140 828
Cash at bank and in hand 16,903 11,595
18,043 12,423
Current Liabilities
Accruals 645 560
645 560
Net assets 384,434 379,349
Funds of the charity:
Restricted funds 4,660 6,046
Unrestricted funds 379,774 373,303
Totalfunds 4 384,434 379,349

The financial statements on pages5 to 12 were approved by thetrustees, and authorised for issue on siseceeeeeeee. and signed on their behalf by:

Michael TagBing CHR IS EOKER oa Leattinalie Chatand Trustee Reriarc. Ser

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The Illogan Old Community School Centre

Notes to the Financial Statements for the Year Ended 30 September 2024

1. Trustees remuneration and expenses

No trustees, nor any persons connected with them, have received any remuneration from the charity during the year. No trustees have received any reimbursed expenses or any other benefits from the charity during the year.

2. Taxation

The charity is a registered charity and is therefore exempt from taxation.

3. Tangible fixed assets

Land and Furniture and
buildings equipment Total
£ £ £
Cost
At 1 October2023 360,006 19,302 379,302
Additions - 1,896 1,896
At30September 2024 360,000 21,198 381,198
Depreciation
As at istOctober2023 | - 11,816 11,816
, Depreciation chargefor the year - 2,345 2,345
At30 September 2024 - 14,161 14,161
Net book value
At30September 2024 360,000 7,037 367,037
At30September2023 360,000 7,486 367,486
4. Analysis ofnetassetsbetweenfunds
Unrestricted Restricted
Funds funds Total
£ £ £
Tangible fixed assets 362,878 4,160 367,038
Net currentassets 16,897 500 17,397
Total netassets 379,774 4,660 384,434
5. Analysisof ofrestrictedfunds 2023 Receipts Payments Transfers 2024
£ £ £ £ £
Heritage Lottery Fund - - - - ~
Awards for All 500 - - - 500
Comwall Community - z - < e
Lottery Community Fund 5,546 - (1,386) - 4,160
TotalRestrictedFunds 6,046 - (1,386) - 4,660

Restricted Funds

Awards for All- Funds remaining are to be used for legal fees regarding land registry

Lottery Community Fund - Funds were received for the redevelopment of the centre kitchen. This has been capialised and the depreciation is set off against the fund each year.

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