OLD STEVENAGE COMMUNITY ASSOCIATION
Community association managing Springfield House community centre in Stevenage Old Town
Objects
(1) PROMOTE THE BENEFIT OF THE INHABITANTS OF OLD STEVENAGE AND SURROUNDING AREA (HEREINAFTER CALLED "THE AREA OF BENEFIT") WITHOUT DISTINCTION OF SEX, SEXUAL ORIENTATION, NATIONALITY, AGE, DISABILITY, RACE OR OF POLITICAL, RELIGIOUS OR OTHER OPINIONS, BY ASSOCIATING TOGETHER THE SAID INHABITANTS AND THE STATUTORY AUTHORITIES, VOLUNTARY AND OTHER ORGANISATIONS IN A COMMON EFFORT TO ADVANCE EDUCATION AND TO PROVIDE 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;(2) ESTABLISH, OR SECURE THE ESTABLISHMENT, OF A COMMUNITY CENTRE (HEREINAFTER CALLED "THE CENTRE") AND TO MAINTAIN AND MANAGE THE SAME (WHETHER ALONE OR IN CO-OPERATION WITH ANY LOCAL AUTHORITY OR OTHER PERSON OR BODY) IN FURTHERANCE OF THESE OBJECTS;(3) PROMOTE SUCH OTHER CHARITABLE PURPOSES AS MAY FROM TIME TO TIME BE DETERMINED.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £28,064, which is below the stated policy target of three months' budgeted expenditure. The trustees identify low reserves as the main risk and are actively seeking to increase income streams to ensure the charity's financial sustainability.
What the accounts disclose
“The Community Association’s reserves policy aims to keep undesignated (general) funds at a level equal to three months budgeted expenditure.” — page 6
“Stevenage Borough Council nominates a representative to the trustee board. No funding has been provided by Stevenage Borough Council to assist the charity in carrying out its charitable objectives within this financial year. The total amount of funding in 2023/24 was zero.” — page 13
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Trustees
- BARBARA HOWARDchair
- GREGORY METCALF
- HUGH TESSIER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £71k | £68k |
| 31/03/2024 | £58k | £57k |
| 31/03/2023 | £63k | £58k |
| 31/03/2022 | £76k | £84k |
| 31/03/2021 | £72k | £79k |
Common questions
Is OLD STEVENAGE COMMUNITY ASSOCIATION financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £28,064, which is below the stated policy target of three months' budgeted expenditure. The trustees identify low reserves as the main risk and are actively seeking to increase income streams to ensure the charity's financial sustainability. Its FY2025 accounts were independently examined.