VENTURE COMMUNITY ASSOCIATION

Registered charity 1073115 · accounts filings on the Charity Commission register · also known as VENTURE CENTRE, VENTURE COMMUNITY CENTRE

A community centre for learning, personal growth and enjoyment

Objects

1) TO PROMOTE THE BENEFIT OF THE INHABITANTS OF NORTH KENSINGTON AND THE NEIGHBOURHOOD (HEREINAFTER CALLED "THE AREA OF BENEFIT") WITHOUT DISTINCTION OF SEX OR OF POLITICAL, RELIGIOUS OR OTHER OPINIONS BY ASSOCIATING THE LOCAL AUTHORITIES, VOLUNTARY ORGANISATIONS AND INHABITANTS IN A COMMON EFFORT TO RELIEVE POVERTY, TO ADVANCE EDUCATION AND TO PROVIDE FACILITIES IN THE INTEREST OF SOCIAL WELFARE FOR RECREATION AND LEISURE - OCCUPATION WITH THE OBJECT OF IMPROVING THE CONDITIONS OF LIFE OF THE SAID INHABITANTS2) TO PROVIDE OR ASSIST IN THE PROVISION OF PLAY AND OTHER FACILITIES (INCLUDING PLAY FACILITIES) TO HELP AND EDUCATE CHILDREN AND YOUNG PEOPLE UNDER THE AGE OF 21 YEARS WHO ARE RESIDENT OR ATTEND SCHOOLS IN THE NORTH KENSINGTON DISTRICT OF THE ROYAL BOROUGH OF KENSINGTON AND CHELSEA TO DEVELOP THEIR PHYSICAL, MENTAL AND SPIRITUAL CAPACITIES THAT THEY MAY GROW TO FULL MATURITY AS INDIVIDUALS AND MEMBERS OF SOCIETY

Area of benefit: LONDON BOROUGH OF KENSINGTON AND CHELSEA, PARTICULARLY NORTH KENSINGTON

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: General Charitable Purposes · Education/training · website · Get email alerts

Registered contact address: Kensington and Chelsea, London, England (from the postcode on the register)

Latest income
£755k
Latest spending
£850k
Registered
1998
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net deficit of £95,621 for the year, resulting in unrestricted reserves falling to £105,664. The trustees note that fundraising income decreased due to a tough economic environment, while expenditure increased primarily due to higher salary costs. The charity remains dependent on continued funding from bodies like the Royal Borough of Kensington and Chelsea to sustain its operations.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Royal Borough of Kensington and Chelsea (64% of income)
“Of the grants and contracts received by Venture Community Association to support its charitable activities, the largest contribution came from the Royal Borough of Kensington and Chelsea (£485,466), which continues to fund children's services, core costs, and community engagement activities.”
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: approximately £160,000 (reserves figure: £106k)
“Going forward, the charity aims to maintain reserves at a level of approximately £160,000 to adequately support its expanded operations.”
Per its FY2025 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“These financial statements have been prepared on a going concern basis. This is dependent upon the availability of adequate continued funding. The nature of the organisation's funding is inherently uncertain, as it is only agreed by its funding bodies every one to three years. Should grant funding be discontinued in future years, the organisation would have to find other sources of funding or significantly curtail its activities.” — page 32
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Knox Cropper LLP. Discloses 5 of 6 completeness components.

In its annual return the charity told the Commission it is also regulated by: Ofsted (Office For Standards In Education). This is the charity’s own declaration; it is not a rating and has not been verified by the Commission or by this site.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

From the charity’s annual return (Part A, self-declared)

Answers and figures the charity gave in Part A of its annual return to the Charity Commission. They are self-declared: not verified by the Commission or by this site. Only positive answers and figures are listed; items not listed are simply not shown.

Self-declared on the annual return for the financial year ending 31/03/2025

  • Volunteers: 27
  • Government income: £485,466 — contracts £352,581 (7), grants £132,885 (1); 64% of the £754,648 total gross income on the same return

Self-declared on the annual return for the financial year ending 31/03/2024

  • Volunteers: 18
  • Government income: £628,104 — contracts £619,104 (10), grants £9,000 (4); 70% of the £893,232 total gross income on the same return
  • Grant-making is its main activity

Self-declared on the annual return for the financial year ending 31/03/2023

  • Volunteers: 25
  • Government income: £617,253 — contracts £603,721 (10), grants £13,532 (2); 79% of the £785,201 total gross income on the same return
  • Grant-making is its main activity

Source: this charity’s annual returns on the Charity Commission register.

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Public profiles (found on the charity’s own website): facebook · instagram

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

Total income
£755k
Total spending
£850k
Cost of raising funds
£13k
Reserves (reported)
£106k
Employees
19

Reported reserves equal ~1.5 months of spending — in the bottom quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Charitable activities (74% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 1.7% of total income — below the median for charities its size (4.9%) (benchmarks).

Trustees · trustee networks

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

Operates in: Kensington And Chelsea

Income and spending

Financial year endIncomeSpending
31/03/2025£755k£850k
31/03/2024£893k£826k
31/03/2023£785k£927k
31/03/2022£1.0m£955k
31/03/2021£901k£709k

Common questions

Is VENTURE COMMUNITY ASSOCIATION financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £95,621 for the year, resulting in unrestricted reserves falling to £105,664. The trustees note that fundraising income decreased due to a tough economic environment, while expenditure increased primarily due to higher salary costs. The charity remains dependent on continued funding from bodies like the Royal Borough of Kensington and Chelsea to sustain its operations. Its FY2025 accounts were audited by Knox Cropper LLP.

Who funds VENTURE COMMUNITY ASSOCIATION?

Funders whose own accounts filings name VENTURE COMMUNITY ASSOCIATION as a grant recipient include KUSUMA TRUST UK, THE GROVE TRUST, The Caring Family Foundation, THE KENSINGTON AND CHELSEA FOUNDATION, JOHN LYON'S CHARITY.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
Young K&CFY2022Unverified read£275kHoliday Activities and Food
The Caring Family FoundationFY2024Unverified read£250kGeneral
KUSUMA TRUST UKFY2021£100kBursary Support
THE GROVE TRUSTFY2022£20k"Meet & Eat” programme and “Community Cookery”
The Caring Family FoundationFY2023£15kChild poverty
THE KENSINGTON AND CHELSEA FOUNDATIONFY2022£12kRecover + Reconnect Appeal
KUSUMA TRUST UKFY2021£10kVenture Community Association Food Bank
JOHN LYON'S CHARITYFY2025£5kVenture Out
THE KENSINGTON AND CHELSEA FOUNDATIONFY2022£1kChildren and young people
WESTWAY TRUSTFY2022£1kSmall grants to local charities and community groups
Young K&CFY2024amount not statedGeneral Grant
Young K&CFY2021amount not statedSmall grants

Grants marked “Unverified read” were flagged by automated checks as possibly misread from the funder’s filed accounts. They are listed, but left out of the totals, counts and funder relationships this site computes.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Community Fund12/03/2026£20kFamily Night Out
Sport England25/10/2024£15kThe Venture 'Movement Movement'
UK government25/10/2024£15kALB-Sport England-The Venture 'Movement Movement'
City Bridge Foundation06/12/2023£498kGrant to Venture Community Association
The National Lottery Heritage Fund09/03/2022£10k"Venture ArCH Programme"
Sport England29/04/2021£10kCOVID19 Return to Play
City Bridge Foundation22/11/2017£10kGrant to Venture Community Association
City Bridge Foundation12/03/2015£2kGrant to Venture Community Association
The National Lottery Community Fund06/09/2012£10kCommunity Engagement Programme
The National Lottery Community Fund21/06/2006£2kHealthy Eating Project
The National Lottery Community Fund21/08/2004£3kFamily Fun Festival

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with VENTURE ARTS.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
VENTURE COMMUNITY ASSOCIATION£755k—0unclear—noted
VENTURE ARTS FY2026£1.4m—0above—no doubt
THE VENTURE TRUST FY2025£2.2m£60,001 - £70,0001unclear—no doubt
THE VENTURE (WREXHAM) LIMITED FY2025£670k—0below—no doubt
NEW VENTURE PRODUCTIONS FY2025£117k—0unclear—no doubt
KENNET VALLEY COMMUNITY ASSOCIATION FY2025£42k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.