THE DOWNLEY OLD SCHOOL COMMUNITY ASSOCIATION
The Charity promotes community development in the locality through the management of a community centre.
Latest income
£40k
Latest spending
£30k
Registered
2005
Accounts read
FY2025
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
Largest income source: room hire
“The main source of income comes from room hire.”
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: contingency fund for unforeseen expenditure (held: £50k)
“The charity continues to maintain a contingency fund which is designed to deal with any unforeseen expenditure e.g. Heating system or plumbing failures”
Per its FY2025 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“Charity still has concerns re cost of utilities (notably gas) but we’ve taken steps to control misuse/waste.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The charity works closely with the local Parish Council. Occasional joint funding on local projects
“The charity works closely with the local Parish Council. Occasional joint funding on local projects”
Per its FY2025 accounts as filed with the Charity Commission.
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.