THE DOWNLEY OLD SCHOOL COMMUNITY ASSOCIATION
The Charity promotes community development in the locality through the management of a community centre.
Objects
TO PROVIDE AND MAINTAIN A COMMUNITY CENTRE FOR THE USE OF THE INHABITANTS OF DOWNLEY WITHOUT DISTINCTION OF SEX, SEXUAL ORIENTATION, AGE, DISABILITY, NATIONALITY, RACE OR POLITICAL, RELIGIOUS OR OTHER OPINIONS, INCLUDING THE USE OF THE COMMUNITY CENTRE FOR MEETINGS, LECTURES AND CLASSES OR OTHER FORMS OF RECREATION AND LEISURE TIME OCCUPATION IN THE INTERESTS OF SOCIAL WELFARE AND WITH THE OBJECT OF IMPROVING THE CONDITIONS OF LIFE FOR THE SAID INHABITANTS.
Financial health, per its FY2025 accounts
The accounts state that the charity’s financial position is strong, with £50,000 held in a contingency fund for unforeseen expenditure. However, the trustees note ongoing concerns regarding the cost of utilities, specifically gas, although steps have been taken to control waste.
What the accounts disclose
“The main source of income comes from room hire.”
“The charity continues to maintain a contingency fund which is designed to deal with any unforeseen expenditure e.g. Heating system or plumbing failures”
“Charity still has concerns re cost of utilities (notably gas) but we’ve taken steps to control misuse/waste.”
“The charity works closely with the local Parish Council. Occasional joint funding on local projects”
Policies the charity declares
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Risk management
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- Stephen James Mortonchair
- CATHERINE PRICE
- Caroline Vassie
- DAVID CHRISTOPHER WORSDALL
- FRANCES ANNE GRANT NEARY
- Giles Tandy
- Kimberley Anne Reed
- PAUL HOMER
- PETER ROBERT CROMPTON LOADMAN
- Pauline Anne Baker
- Wendy Angela Mary Monroe-West
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £40k | £30k |
| 31/08/2024 | £38k | £21k |
| 31/08/2023 | £34k | £30k |
| 31/08/2022 | £31k | £16k |
| 31/08/2021 | £10k | £36k |
Common questions
Is THE DOWNLEY OLD SCHOOL COMMUNITY ASSOCIATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity’s financial position is strong, with £50,000 held in a contingency fund for unforeseen expenditure. However, the trustees note ongoing concerns regarding the cost of utilities, specifically gas, although steps have been taken to control waste.