The Sherston Old School Community Interest Company (SOSCIC) was formed in 2010 for the purpose of renovating and converting the Old School (which is Grade II listed) so as to provide increased employment opportunities and additional services for the community and help preserve the character of the High Street. This was in response to the decision by the Parish Council, with the full support of the village, to try and purchase the Old School premises when they fell vacant. This is an entirely voluntary run organisation with over 276 members – all of whom are residents of the village. It is managed by six Directors – who, following the successful completion of the restoration and conversion work in 2013, have responsibility for the ongoing management of the project. With the exception of a loan from the Public Works Loan Board (PWLB), all of the funding for this project (which in total has cost in excess of £900,000) was obtained via a series of large and small donations and grants received from different sources (see below) – including a significant amount of money via personal donation from individual villagers and local fund-raising events.