2023-08-31-accounts

bjectives and Activ	itie	s
		SORP reference
Summary ofthe purposes the charity as set out in its governing document	of	Para 1.17	To provide faciliues for recreation or leisure time occupation and appropriate services with the object of improving the conditions of life of people who are over the age of 50(as amended AGM 19
			Nov 2022
Summary ofthe main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.		Para 1 17 enrf 1.18	Maintain a club building on land adjoining the parish ofSt Marychurch or elsewhere for use by members. Run a programme ofevents and activities for members and to engage with the local community. Offer facillues for local groups or organisations to hire at reasonable cost.
Statemenl confirming whether the trustees have		Para 1.18	All Trustees are issued the appropriate guidance from the Charity Commission.
hed regard to the guidance
issued by the Charity
Commission on public
benefit

whether the trustees have hed regard to the guidance issued by the Charity Commission on public benefit	whether the trustees have hed regard to the guidance issued by the Charity Commission on public benefit	guidance from the Charity .
Additional information (optional) You ma choose io include further statements 80RP reference		where relevant about:
Policy on grant making	Para 1.38	The Charity does not make any financial or substantial other grants or gifts to Trustees, members, other charities or the local community.
Policy on social investment including program related investment	Para 1.38	The Charity will maintain a current bank account and as necessary asavings account to 'feed' savings accounts that carry the best possible return on investment with minimal risk. Currently 3 bonds with United Trust Bank and a National Savings account with 90day
		withdrawal notice.

Contribution made by volunteers	Para 1.38	Volunteers give oftheir time, experUse and experience to assist in the day to day running of the Centre, its activities and the maintenance thereof.
Other		Selected local businesses offer their expertise and some resources toassist the Trustees and Volunteers in
		mana in the Centre.
Achievements and Performance
	SOP P rafarerwe
		The Centre has maintained a membership which has now grown to over 330 due to the efforts ofmembers
Summary ofthe main achievements ofthe charity, identifying the dilference the charity's work has made to the circumstances ofits beneficiaries and any wider benefits to society as a whole.	Para 1 20	to generate an interesting weekly programme of acUvities and that is still being developed to fill the vacant slots as effectively as possible. Additional funds from increased activities, sales and hire charges have paid for licenses, new equipment, rouUne maintenance and a more rigorous professional cleaning regime. We have again been awarded an 'Outstanding' grading from
		South West in Bloom and worked with other organisations to create aseries of local activities and events. Yarn Fairies, Local History Society and Royal Bridsh
		Legion as examples.

Additional information (opdonal) You ma choose to include further statements	Additional information (opdonal) You ma choose to include further statements	Additional information (opdonal) You ma choose to include further statements	where relevant about Objectives set for 2022-23 included an Increased social programme, a rolling
Achievements against objectives set		Para 1.41	maintenance schedule and increasing the financial reserves by increasing revenue through various events and enterprises (lunches, hall hire, etc.). All achieved —end ofyear accounts show a balance in excess off8,000 and another
			f5000has been invested this ear.
			Nlembership subscriptions have been increased In 2021so we now enjoy an
Performance offundraising activities against objectives set		Para 1 41	income from subscrlptions ofover 53,000pa. Efforts to lease the hall for the benefft of more local groups and activities have continued.
			Investments continue to accrue interest
Investment performance against objectives		Para i 41	but now at a higher rate some ofthe funds transferred into a 2year bond at 4.5'%

Other

inancial Review
Review ofthe charity's financial position at the end ofthe period	Para 1.21	Seethe accounts attached. Trustees and Committee are still working to replenish the large expenditure of lockdown through a regular programme
		ofsavi
Statemenl explaining the policy for holding reserves stating why they are held Amount ofreserves held Reasons for holding zero	Para 1 22 Para 1 22 Para 1.22	Reserves are held in no less than two separate investment accounts - one longer term and one short term in case of erne encies. 662000 +current account at &Gt 000
reserves Details of fund materially in	Para 1 24
deficit Explanation of any	Para 1 23	None.
uncertainties about the
charity continuing as a going
concern
Additional information (optional) You ma choose to include further statements		where relevant about Membership subscriptions, daily refreshment sales, fundraising events
The charity'6 principal sources offunds (including	Para 1 47	(fairs, lunches, etc.), hall hire, donations.
any fundraising)
		To maintain a substantial sum over
Investment policy and objectives Induding any social investment policy	Para 1.46	660,000 in investments whilst using income to promote, maintain snd improve the Centre for the benefit of members and the local community.
adopted
A description ofthe principal risks facing the charity	Para 1.46	Increasing costs for heating and lighting, water, materials. Loss ofkey personalities including Trustees and committee members
Other

tructure, Governance	and INanage	ment
Description of charity's
trusts: Type ofgoverning document		Constitution and Lease forthe land
How is the charity constituted'?	Para 'l.25	Charity
',lalI Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more	Para 1.25	Members identify potential trustees in the local community and invite suitable candidates to apply. Prospects are given the necessary information from the Charity Commission. Applicants have to be approved by both Committee and existin Trustees.
trustees
Additional information (optional) You ma choose to include further statements		where relevant about New Trustees are directed to the Charity
Policies snd procedures adopted forthe induction	Para 1.51	Commission website to acquaint themselves with duties and procedures.
and training oftrustees
The charity's orgsnisational structure and sny wider network with which the charity works	Para 1.51	There isa board ofTrustees and a Committee of min 9including Chair, Deputy Chair, Treasurer, and Secretary. We aim to engage more and more with local community groups, churches and Traders.
		We have a working relationship with the Parish Church and alease on the land
Relationship with any	Para 1 51	from the Diocese. Ilembers are 'embedded' in various community
related parties		ol'gsnisatlorls.
Other

eference and	Administ	rative details
Char' name		St Ms church Precinct Centre
Other name the char uses
R istered char Charity's principal	number address	1006966 The Precinct Centre, Church Road, StMarychurch	TQ1 4QY

31/OB/2023 31/06/2023	COMP &SOUND EQUIP F&F	f Z	7,296.51 1,433.17
		8	8,729.88
31/08/2023 31/08/2023 31/08/2023 31/08/2023 31/06/2023 31/08/2023	CASH FLOAT UNITED TRUST UNITED TRUST NB&I TSB	f f f f	32.04 70.00 22,994.81 36,001.06 3,000.00 15,148.95 77,24&96
		f276,51254