SOUTH BRENT OLD SCHOOL
COMMUNITY CENTRE LIMITED
li
ANNUAL REPORT AND ACCOUNTS
For the Year Ended 31st August 2021
CONTENTS
Directors Report
Company Charity Information
Balan￿ Sheet
Income and Expenditure Account
Detailed Statement of Financial Activities
Notes to the Accounts
Independent Examiners Report
Accounting Policies
SoLrth Brent Old School Communty Centre Limited
Totnes Road. South Brent. DEVON
TQ10 9BP
Mob.. 07707 723637
Email .' inf
ldsthod.or
.uk

Page2 of13

1. DIRECTOR'S REPORT
The Trustees, who are also Directors of South Brent Old School Community Centre
Limited for the purposes of the Companies Act 2006, present their annual report and
financial statement for the year to 31 August 2021. The Directors have adopted the
provisions of the Statement of Recommended Practice ISORP) "Accounting and
Reporting by Charities" issued in 2005 in preparing the annual report and financial
statement of South Brent Old School Community Centre.
YEAR TO 31 AUGUST 2021
This report is presented by the Trustees and covers activities and the financial results for
the year be￿een Sept 1st 2020 and August 318t 2021.
As usual a reminder of why we are here- it's to provide a Centre for all residents of
South Brent, and the surrounding area, for education, leisure and to support social
welfare. It's about improving life in the village for all.
So whilst its mainly about the Centre itself it's also about what we do from the Centre
and what activities and support we provide for individuals and organisations throughout
South Brent.
The good news is, that at the time of writing, the Centre is open and thriving. However,
it has clearly been a challenging year with a combination of lock down, partial lock down
and limited activities throughout the year. Part of this has been implementation of
covid prevention measures throughout the year and throughout the Centre. This has
included sanitation measures and limits on numbers and activities. This has clearly had
an impact on activity and social gatherings.
That said the year has also been marked by significant changes and improvements-
including an enforced clearance and tidying of the Centre during earlier lockdowns. The
clearance paved the way for a number of changes in the Centre including
The opening of Art House during the Autumn of 2020 following a monumental
effort to refurbish the 5 rooms that had been inherited when the Childrens Clubs
left the Centre just before the first covid lockdown. Art House is a marvellous
village facility that is already offering a very wide range of arts and crafts
activities and events.
The opening of the new suite of South Brent and District Caring Offices and
storage. This took place fully during the autumn allowing Caring to have
increased and more flexible space in the Centre. A very welcome addition to
activity in the Centre
Opening of the Community Library, alongside the South Brent Archive, as part of
a multifunctional meeting space in the Beacon Room. We are very grateful to
the confidential donation that allowed this to take place - a marvellous facility.
Creation of a private meeting room, named the Study, in the fomier Caring
Office.
During the year a wide range of other community facilities returned to the Centre -
including the Post Offi￿, Lloyds Bank, Share Shed, Bike Bank, Corridor Gallery and the
Community Resource Facilities we offer, namely a photocopier and two computers for
public use public use with Airband wi-fi.
Page3 of13

One unfortunate legacy of the covid lockdowns is the closure of the Community Gym,
operated by Ashmoor Sports Centre from their base at Ashburton Community College,
which will not be re-opening. Trustees are currently looking at allernative uses for the
space vacated by the gym, ideally, but not essentially, fitness related activities. Whilst
we are very sad to lose the gym facility we do see this as an opportunity to bring fresh
facilities, and visitors, to the Centre.
The financial results are detailed later in this Report, with the highlights being
Overall Members funds £603,797. Up from £582,456 in 2019120.
Income of £52,799 and expenditure of £ 31,382 giving a net surplus on the year
of £21,417. This situation being a mixture of reduced costs, grant income and
covid related support payments offset against decreased income. Ongoing
payments for use of the offices in the School House continue to prove crucial in
sustaining the viability of the Centre
Overall Balance of £65,794
Reserves of £26,179
Restricted Funds of £32,880 of which £27,144 is held exclusively for the Raise
the Roof project.
This overall financial position does present an opportunity to be flexible in how we
support individuals and other community groups & organisations in South Brent.
This is timely as Trustees will use 2022 to refresh its Community Action Plan. This plan,
first introduced in 2017, and entitled "Reaching out to Everyone" sets out 7 aims to
grow membership and volunteering
work with other groups
foster new activities
invite everyone in
provide a home and support for groups and organisations
rejuvenate the centre
market the ￿ntre
If you want to support trustees in this task we'd be very pleased to hear from you.
Alongside this Plan, which sets out our ambitions to work with others, we'll also use
2022 to update and review our internal procedures and policies to ensure they are fit for
purpose.
Whilst we want to reach out and support the village we do need to keep a roof over our
heads. We've known for some years that the roof is in poor condition, but this is
worsening rapidly and we need to ramp up our fundraising and response. Our Raise
the Roof fundraising campaign will be a key focus for action in 2021122., including setting
up and promotion of a "Just Giving" page and other fundraising efforts.
The Old School Centre continues to be supported by both its Members and Volunteers.
We currently have 290 members and supporters and benefit from a wide range of
volunteer support, not least to the activity in the Library, Archive and Corridor Gallery.
Thanks from the Trustees to all those who support the Centre in whatever form;
particular thanks are due to Christine Morgan our minutes secretary.
Page 4of13

During the year Glyn Richards, who has been Centre Manager for over 20 years, retired
from his role after providing unstinting support, kindness and encouragement to groups
and individuals both in the Centre and the wider village. Glyn will be missed and we
wish him, and the Richards family, very best wishes in his retirement.
Glyn is succeeded by Rowena Cairns, who replaced Glyn in the late summer of 2021.
We are very pleased to welcome Rowena and look forward to her keeping the trustees
and the Centre in order.
As usual the report closes with recognition of the importance of Trustees. The last
AGM elected 9 trustees and during the year Kate Tyler stood down and Christina Cross
has stood forward, and been co-opted as Trustee. Our thanks to Kate for her support
during the very challenging covid period.
The role of Trustee is key to the continued operation of the Centre and provides a great
opportunity to have real impact on the well-being of all in South Brent. Prospective
trustees are welcome to join us, at one of our meetings, as a guest to see how it works
or contact one of the existing Trustees to find out more.
Page5of13

2. COMPANY CHARITY INFORMATION
SOUTH BRENT OLD SCHOOL COMMUNITY CENTRE Ltd.
Registered Company number 7593522
Registered Charity number 1146269
The company was incorporated on 06 April 2011
The company was registered with the Charity Commission on 02 March 2012
Registered Office
South Brent Old School Community Centre
Totnes Road
South Brent
Devon
TQ10 9BP
Aims and objectives
The aims and objectives of the chartylcompany "to undertake common effort....
for the inhabitants of South Brent and neighbourhood... .to advance education
and to Pfovide facilities in the interests of social welfare for recreation and leisure
time occupation with the object of improving the conditions of life for the said
inhabitants"
Trustees and officers
The following persons were all appointed in the year..
Mr Michael Baines
Mr Dave MacDiarmid
Ms Christina Cross
Mr Rik Meek
Ms Sara Godwin
Ms Kay Reynolds
Mr David Ross Kennerley
Ms Jane Wellens
Mr David Kinross
Company Secretary
Mr David Ross Kennerley
Governing document
The charity is controlled by its governing document, a trust deed (i.e.
memorandum and articles of association). New trustees are proposed and
elected by the members at the annual general meeting.
The above report has been prepared with the provisions relating to small
companies within Part 15 of the Companies Act 2006
SIGNED ON BEHALF OF THE BOARD
Mr D R Kennerley
Chair
Date
2S
Jan 2022
Page 6 of13

3. BALANCE SHEET
South Brent Old School Community Centre Ltd
Balance Sheet
as at 31st August 2021
Total
this year
20121
Total
last year
19120
Unrestricted
Funds
Restricted
Income Funds
Fixed Assets
Tangible Assets
538,003
538,003
538,003
Total Fixed Assets
538,003
538,003
538,003
Current Assèts
Debtors
5,867
5,867
203
Cash at bank and
in hand
27,514
32,880
60,394
44,618
Total Current
Assets
33,381
32,880
66,261
44,820
Creditors .
amounts falling
due within one
year
{467)
{467)
13671
Net Current
asselsllliabilitiesl
32,914
32,880
65,794
44,453
Total Assets less
current liabilties
570,917
32,880
603,797
582,456
Total Net Assets or
Liabilities
570,917
32,880
603,797
582,456
Funds b￿d
582,380
582,380
570,921
Surplus Income
21,417
21,417
11,535
Total Funds
603,797
603,797
582,456
Page 7 of13

For the year in question, the charitable company is entitled to exemption from audit under
section 47712) of the Companies Act 2006 relating to the small companies regime.
The trustees acknowledge their responsibilities for ensuring thal the charitable company
keeps accounting records that comply with section 386.
The members have not required the company to obtain an audit in accordance wilh section
476 ofthe Companies Act 2006.
The accounts have been prepared in accordan￿ with the provisions applicable to
companies subject to the small companies, regime.
Thè financial statements were approved by the Board of Trustees on
and were signed on its behalf by..
Mr D R Kennerley Chair
Date
Jan 2022
Page8 of13

4. INCOME AND EXPENDITURE ACCOUNT
INCOME
Restricted
Unrestricted Income
Funds
Funds
Prior
Total year
Funds Funds
Donations and Legacies
542
542
5,149
Membership Fees
436
436
681
Lettings
25,889
25,889
32.118
Fundraising Raise the Roof
14
2,415
2,429
4.072
Grants
22,809
22,809
14,215
Olher Income
117
117
600
Copying and Printing
576
576
1,508
Total
2,415
52,798
58,342
Page9of13

EXPENDITURES
Restricted
expenditure
funds
Unrestricted
funds
Prlor year
funds
Total funds
Payroll
7,889
7.889
14,351
Cleaning
6,124
6,124
5,444
Computer expenses
598
598
2,335
Insurance
1,544
1,544
1,535
Building Maintenance
7.110
90
7,200
13,824
Photocopying & Printing
1,010
1,010
1,282
Support Work
552
Ulililies
5,333
5,333
4,195
Expenditure of Feed in
Tariff
188
Other admin expenses
460
460
964
Phone and broadband
337
337
461
Other expenses
886
886
1,123
Write offs
553
Total
31,292
90
31,382
46,807
Net incomel{expenditure)
for the reporting period
19,093
2,325
21,417
11,535
Total funds carried
forward
19,093
2,325
21,417
11,535
Page 10 of13

## **5. INDEPENDENT EXAMINER’S REPORT** 



Page **11** of **13** 



I have no concems anLI have come across no other matters in eonnecii)n
with the examinabon to which attention should be drawn in this report in
oriler to •rtab￿ 8 proper undgr8tanding of th¢ 8¢count8 to be re8thed.
. Reas8 d￿ete th• wortls in th8 br8ck•t$ rfthey do not8pply.
Signed:
D•t•:
24 March 2022
Nam8'.
S8ndr8 C8rnpadelli
R•l•vant prof￿810￿1
qu¥lIfica￿on(5) or body
Irf any)..
Addr•u:
22 C￿￿1*$, South 8￿￿t
Sectitsn B
Disclosure
Only cornplete if the examiner needs to highlight malerwl matters of concern
lsee CC32, Independent eXamir￿th￿ gf charity xcounts.. d*re¢t￿n¥ and
guldance for examiners).
Giv¢ h•r• brf•f dotail$ ol
any it•m5 that tho
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dl•¢lose.
IER
Octobar 2018
Page 12 of 13

6. ACCOUNTING POLICIES
Basis of preparation of accounts
The financial statements have been prepared under the historical cost convention and in
accordance with the Statement of Recommended Practice.. Accounting and Reporting by
Charilies {SORP 2005) and applicable accounting standards. The Trustees have availed
themselves of paragraph 4(11 of schedule 1 ofthe large and medium size companies and
groups (accounting and reporting) regulations 2008 and adapted the Companie5 Act 2006
formats to reflect the special nature of the Charity's activities.
Income resources
All income resources are included in the SOFA when the Charity is legally enlitled to the income
and the amount can be quantified with reasonable accuracy. Grants received are included in the
accounts when the appropriate amount has been quantified. Grants in respect of fixed assets
are credited to income. No amount are included in the financial statement for services donaled
by volunteers.
When the donors of income resources specify that the funds must be used in fLrture accounting
periods or donors. conditions have not been fulfilled. then the income is deferred. The income
from fundraising is shown gross, with the associated costs included in fundraising costs.
Resources expended
Resour￿$ expended are included in the Statement of Financial Activities on an accruals basis,
inclusive of any VAT, which cannot be recovered.
Expenditure, which is directly attributable to specific artivities, has been included in these cost
categories. Where costs are attributable to more than one activity, they have been apportioned
across the cost categories on a basis consistent with the use of these resources.
Fund accounting
Unrestricted funds are available for use at the discretion of the Trustees in furtherance of the
general objectives of the Charity and which have not been designaled for other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed
by donors, in this case they refer solely to connecting to the community, and Energy Efficiency
Project.
Taxation
Based on its status as a registered Charity and the use of funds for charitable purposes, South
Brent Old School Community Centre Limited is exempt from corporation tax.
Fixed assets and depreciation
Freehold Property was valued at £SOO,000 by the Directors, on 1 September 2011
Furniture and Equipment was valued at £6,390 by the Directors, on 1 September 2011
There is no depreciation or appreciation of the freehold property, Furniture, equipment or
Refurbishment costs.
TRUSTEES EMOLUMENTS
The Trustees receive no remuneration and were reimbursed no expenses during the year.
STATUS AND CONTROL The Company is limited by guarantee and is Gontrolled by Éts
Trustees and Directors.
Page 13 of13