2024-08-31-accounts - St Marychurch Precinct Centre

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CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, Annual Report for the period From 01 Septarnb•r 2023 to 31 August 2024 Charity name: St Marychurch Precinct Cantr• Charlty registration number: 1006956 Current Trustees: Arthur Christian, Wendy Piddlesden, Alan Lark. Fr Nick Debney. Objéctives and Activitie8 SORP referene summary of the purposes of the charty as out in its goveming document Para l.f7 To provide facilitiej for re¢roation or leisure tlme occupatlon and approprlate sèrvlc•8 th thè objact of improving the condltlon8 of lrfe of peoplo who are over the a eof50. Maintsin a club buildlng on land adjoining the parish of St Marychurch or 8lséwh•r• for use by members. Run a programmo of ovonts and actlvltl08 for members and to engage with th8 local communlty. Offer facllftles for local group8 or organ18atlon8 to hlro at reasonable cost. All Tru3tees are iMuÉd the approprlate guidance from thg Charity Commission. Summary of the main activitles In relatlon to those purposes for the public benefrt, in particular, the activities, projects or seNices identified in the accounts. P•rn1.17a 1.19 ststement confirming whetherlhe trustees have had regard to the guidance issued by the Charity Commission on public benefit Para 1.18 Additional information (optional) You ma choose to include further statements where relevant about: SORP r•hronC• The Charity do•s not make any flnancial or $ub$tsntial other grant• or gifts to Trust•88, membars. other charitlos or the local community. It does however run or facllltate fundralslng Inltlatlvos for other organisations (raffl6 pfoGeedg for another chari for exam le The Charlty wlll malntaln a current bank account and as necessary a savin account lo 'feed' savings accounts that rArry the best possible return on investsnent with minimal risk. Currently 3 separate bonds with United Trust Bank that will mature in A ril 2025 and PAra 1.3e Policy on grant making Parn 1.38 Policy on social investment inclLJding program related investment

be consolldated at that tlme and a National Savings account with 90 day withdrawal notic•. Volunteer8 give of their tsme, expertlse and experience to a88iSt in the day to day running of the Centre. its actlvities and the maintenance thereof. para 1.38 Contribution made by volunteers Selected local bu8in8sses offor their i expertise and some resources to assist the Trustees and Volunteern in the Centre. other Achiev8m6nt8 and Performance SORP len Th• C•ntre has malntained memberghip knhlch has now grovm to over 340 A weekly programme of activitios has been mainiained (see attachqdl through marketing vla membors etc. A big In¢r•ase in tskings on refreshménts. hlre charges and classes has providod more funds for Ilcenseg. new •quipmenC roulino malntenance and even more rigorou8 professlonal cleanlng rogime. Wa ara able to replace furnituro and wlll Shortly be roplaclng carpots In the rna•n meeting room. WO havo engaged with yet morn local organ18ations and ag an example host up to 60 people of tho LoGal Hlstory Socloty Mar-Nov. Summary of the main achievements of the charity, identifying the difference the charity's work has made lo the circumstanc8s of rts beneficiarie8 and any wider benefits to society as a whole. P8r* 1.20 Addltlonal information (optional) You ma choose to irbclude further statéments where relevant about.. Objectlves set for 2023 included an increased s141 programmo, a rolling malntenance schedule and inGreaslng the financial reservos by inGrea8lng revenue through varlou8 events and onterprises (lunchgs, hall hire, etc.). All achleved - end of year accounts show a balanco In èxcess of £8,000 of which a proportion wlll bé uled for replacing car Membership subscriptlons have not been increased this year but increasing membernhip results In greater income. Efforts to leas• the premi60s for the beneflt of more local group8 and activltles has begn very 8uccessful. Achievement8 against objective8 8et Para 1.41 Performance of fundraising activities against objectives Paro 1.41 Investments now attract go¢xl rates of intsrost but that has r98ult•d In us

Investment performance against objectives having to pay Tax on the intsre3t to HMRC for the first time. We now have to engage prof8ssional Accountants rather than the book-keeper V have been uslng so the coat of that Service has more than tri led. Para 1.41 Other

Financial Review Review of the charity's financial posltion at the end of the period Para 1.21 Saa the accounts attached. Trustees and Committee are satisfied that we have a good level of Income over expondlture but we endeavour to re- Invest surplus funds in either savings or the 5truGture, fixtures, furnishings and ul enl. Re8erv88 are held in no le88 than two separate Inv•*tment accounts - ono longer tsrm and one short temi in case of emer 8ncies. £85 000 NA Statement explaining the policy for holding reserves stating why they are held Para 1.22 Amount of reserves held Reasons for holding zero reseNes Details of fund materially in deficit Explanation of any uncertainties about the charity continuing as a going Goncem Para 1.22 P•r8 1.22 Paro 1.24 NA Parn 1.23 The avallability of Sufficient volunteers to do essentlal roles Is always a concernl Additional information loptlonal) You ma choose to include further slatements where relevant about., Membership subscrlptlons. dally rafr08hmant 8ala8, fundra181ng events {fairn, lunch•8, Otc.), hall hlrfr, donatlons. The charty's principal sources of funds (including any fundraising) P&ro 1.47 Kaèping funds in any one account below £84k and ensuring there are sufflcient funds in current and first res•rv• accounts to M••t any un8xpect need. Investment policy and objectives including any social investment policy adopted Para 1.46 Incroaslng costs for heatlng and Ilghtlng, watér, materlals. Loss of key personalltles Including Trustees and commlttso mèmber8. A description of the principal risks facing the charty Para 1.48 Other

Structure. Governance and Management Description of charty's trusts.. Type of goveming document Pafa 1.2S Constitution and Leas8 for the land How is the charity constrtuted? Parn 1.2S Charlty iorated Trustee selection methods including details of any constitLrtional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees Paro 1.25 Members Identify pot8ntial trustees in the llxal communlty and invite suitable candldates to apply. Prospects are given the necessary information from the Charity Commission. Applicants have to be approved by both Committee and existin Trustoes. Additlonal Informatlon {optlonal} You ma choose to include further statements where relevant about.. New Trustoes are directed to the Charity Commission website to acquaint thgmsolvos wlth dutios and procedures. Policies and procedures adopted for the induction and training of trustees P8ra 1.51 There Is a board of Trustees and Committee of min 9 including Chair, Deputy Chalr, Treasurer, and Secretsry. Wo alm to engage more and more wlth local community groups, chUh•S and Traderg. The charlty's organisational structure and any wider network with which the charity works Paro 1.51 We havo a worklng relatlonshlp wlth the Parish Church and a lea80 on the land from the DioGese. Memb•rs are 'embodded' In varlous communlty organi8ation8. Relationship with any related parties Para 1.51 Other Reference and Administrative detsils Charity_ name Other name the char Uses istered charty number Charity's principal address Stma church Precinct Centre 1006956 The Precinct Centre, Church Road, St Marychurch TQ14QY

Names of thè charity trustees who manage the charfty dto5 actod rf not for whole ar Tn*08 nam• Office {rf anyl Nam• of p•Yson {or lJody} entilled Arthur Christian Committee Chairman Fr Nick Debney Wendy Piddlesdon Alan Lark 01 Oct 2024 Chairman of TrUeeS Fund8 held a8 Custodian trustees on behalf of others Description of Ihe assels NS&I £1 Ok by Arthur Christian in the name of the Charty held in this capacity Name and objects of the charity on whos8 behalf the assets are he and how this falls within the custodian charty's objects Details of arrangements for safe custody and segregation of such 8ssds from the charlty's own assets All funds held in the name of the Charity are set aside in the last Will and Testament as nol personal assets, Addlllonal infomiation {optional} Names and addr088e8 of advisers {Optional Informatlon) Declarations Tha tru8tse6 declare that th•y hava approved the trusts•8' report abovo. Signed on behalf of the charlty's tru8ts08 Signature(s) Full namel81 Posltlon (eg Secretsry, Chair, gts) Dat• Ib-ol-lois

Kerry Gillon MICB Bookkeeping & Accounting Services 2311012024 To . The pC1n¢t Centre Re: Annual Accounts This Profit & Loss and Balance She¢t hav¢ been prepared with information provided by lan Condict. The paperwork and cash summaries were presented 2n good order and all accounts are reconciled and correct. The accounts spreadsheet is alyo updated and ready io use for accounts from OI109124. Thank yo Be81 Regards,. I I I St Edmunds Road Torquay TQI 3PX Tel. 07511892418 Email . k¢rry@kgbs.co,uk DL*r THE IN OF CERTIFIED EP 2734

Profit & Loss The Procinct Centra 0110912023 3110812024 Income Incom8. Art am Inrne- Art pm Income- 8iNJo Incoma- Bridge In¢om0- Clay 8ake Inwme- Craft Incomè- Donations Income - Exorcige In¢ome- G8rn0S Income - Hall Hire Incame. Hlsiory Income - Inl&rest Income - Knitting Income- Lunches Incom8- Memb&r8hlp Income . Raffle Income - Refre¥hmenl$ Income- Rumrnyklns Income. Sal8$ Incom• - S5nglng Incomg - Writers Income- Yarn Bombers enses 819.00 277.00 106.00 672.00 COGS COGS - Sundriès Expenses - Èank Charges I Intere81 Expenses - Cleaning Expen$68 . Ll¢ences Expenses - Gard8ris Exponses . Insurance Expense8 - Offi Exp6ns85 - Professional Fee8 Expenses - Repairs & Mainlènanco Expensès- Tfjlephong l Mobile Expenses . Utilities £ (8,034.831 £ (964.87} 146.951 £ 13,862.94} £ (986,67) (58.95> £ {1,089.871 11,199.451 £ (315.00) £ {2.780.501 £ {457.73) £ 14,901.20) 123,00 455.00 100.86 248.00 41.00 £ 5,775.03 364.00 £ 2.138.29 806.00 £ 2,458.00 £ 3,200.00 1,038.00 £ 12,821.70 152.00 2.00 147,00 339.00 290.75 Tolal Incom• Total COGS Total AIIDwable Ex £ 32 373.63 8.999.70 15 697.26 nses Totals Total Incom8 Tolal COGS Gross Proflt l Lo$s Total Allowable Expen88S N•t Profit l Lo88 Balance Sheet Purchases I Sales Ass81 Salos Asset Purchas88 £ 11,840.001 Total Balance Sheet Purchases I Sal £ £ 32,373,63 £ 18,999.701 £ 23,372.93 £115,697.26) £ 7 676.67

BALANCES AT 31108124 BUILDINGS CONTENTS 170,814.00 19,724.00 £ 190,538.00 blf 22123 1433.17 3110812024 COMP & SOUND EQUIP £ 3110812024 F&F 5,472.39 1,074.88 6,547.27 -358.29 1074.88 7296.51 -1824.12 5472.39 3110812024 CASH 3110812024 FLOAT 3110812024 ijlir TS,5 3110812024 UNITED TRUST 3110812024 LtrL 3110812024 w&Jst ( 3110812024 UTB 56,50 70.00 10,813.48 36,513.68 22,095.06 10,000,00 5,252.56 84,801.28 £ 281,886.55