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STAG COMMUNITY ARTS CENTRE

Registered charity 1137420 · accounts filings on the Charity Commission register · also known as STAG COMMUNITY ARTS CENTRE LIMITED

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Latest income
£1.4m
Latest spending
£1.3m
Registered
2010
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity generated a net surplus of £62,596 for the year ended 31 March 2025, with unrestricted reserves standing at £240,349. The trustees consider this reserve level to be below their stated policy target of six months of expenditure, noting that current reserves cover only a little over two months of costs. Despite this, the trustees and auditors confirm the charity remains a going concern with no long-term borrowings and sufficient cash balances.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy
“The balance at the year-end amounts to £240,349 (2024 - £142,612). The Stag will aim to continue to accumulate unrestricted funds each year to mitigate the risk of any unplanned expenditure arising.” — page 14
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Sevenoaks Town Council granted £27,000 to the Charity towards general operational costs. The Charity operates The Stag via an agreement with Sevenoaks Town Council and Sevenoaks District Council where there is an annual peppercorn rent of £1 payable to Sevenoaks Town Council. Donations in kind received from Sevenoaks Town Council towards the annual rent of the Stag have been reasonably estimated at £1,000.
“During the year Sevenoaks Town Council granted £27,000 (2024 - £27,000) to the Charity towards general operational costs, £Nil (2024- £14,267)towards the LED lighting upgrade project. In addition, the Charity operates The Stag via an agreement with Sevenoaks Town Council and Sevenoaks District Council where there is an annual peppercorn rent of £1 payable to Sevenoaks Town Council. Donations in kind received from Sevenoaks Town Council towards the annual rent of the Stag have been reasonably estimated at £1,000 (2024 - £1,000).”
“During the financial year Sevenoaks District Council provided an Employment Boost grant of £3,300 (2024 £Nil), and an Improvement grant of £6,500 (2024 - £14,266).” — page 35
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Sevenoaks District Council provided an Employment Boost grant of £3,300 and an Improvement grant of £6,500.
“During the year Sevenoaks Town Council granted £27,000 (2024 - £27,000) to the Charity towards general operational costs, £Nil (2024- £14,267)towards the LED lighting upgrade project. In addition, the Charity operates The Stag via an agreement with Sevenoaks Town Council and Sevenoaks District Council where there is an annual peppercorn rent of £1 payable to Sevenoaks Town Council. Donations in kind received from Sevenoaks Town Council towards the annual rent of the Stag have been reasonably estimated at £1,000 (2024 - £1,000).”
“During the financial year Sevenoaks District Council provided an Employment Boost grant of £3,300 (2024 £Nil), and an Improvement grant of £6,500 (2024 - £14,266).” — page 35
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The subsidiary Stag Community Arts Centre Trading Limited transferred trading profits of £200,709 to the Charity via deed of covenant.
“During the year Sevenoaks Town Council granted £27,000 (2024 - £27,000) to the Charity towards general operational costs, £Nil (2024- £14,267)towards the LED lighting upgrade project. In addition, the Charity operates The Stag via an agreement with Sevenoaks Town Council and Sevenoaks District Council where there is an annual peppercorn rent of £1 payable to Sevenoaks Town Council. Donations in kind received from Sevenoaks Town Council towards the annual rent of the Stag have been reasonably estimated at £1,000 (2024 - £1,000).”
“During the financial year Sevenoaks District Council provided an Employment Boost grant of £3,300 (2024 £Nil), and an Improvement grant of £6,500 (2024 - £14,266).” — page 35
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Stag Community Arts Centre Trading Limited
“The Stag Community Arts Centre has one wholly owned subsidiary company, Stag Community Arts Centre Trading Limited (Company Number 7614710). The company’s principal activity is the provision of commercial recreational facilities in support of the Charity.” — page 13
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Crowe U.K. LLP. Discloses 5 of 6 completeness components.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£1.4m
Total spending
£1.3m
Cost of raising funds
£825k
Reserves (reported)
£422k
Employees
19

Reported reserves equal ~3.9 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Kent

Income and spending

Financial year endIncomeSpending
31/03/2025£1.4m£1.3m
31/03/2024£1.2m£1.2m
31/03/2023£1.1m£1.0m
31/03/2022£1.1m£1.1m
31/03/2021£1.0m£943k

Common questions

Is STAG COMMUNITY ARTS CENTRE financially healthy?

The accounts state that the charity generated a net surplus of £62,596 for the year ended 31 March 2025, with unrestricted reserves standing at £240,349. The trustees consider this reserve level to be below their stated policy target of six months of expenditure, noting that current reserves cover only a little over two months of costs. Despite this, the trustees and auditors confirm the charity remains a going concern with no long-term borrowings and sufficient cash balances. Its FY2025 accounts were audited by Crowe U.K. LLP.