NEWENT INITIATIVE TRUST

Registered charity 1074500 · accounts filings on the Charity Commission register · also known as NEWENT MILLENNIUM TRUST

To initiate projects that aid in the beautification of Newent

Causes: General Charitable Purposes · Education/training · Arts/culture/heritage/science · Amateur Sport · Environment/conservation/heritage · Recreation · website · Get email alerts

Latest income

£29k

Latest spending

£44k

Registered

1999

Accounts read

FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity has utilized its reserve funds for the third consecutive year due to increased energy and employment costs and a reduction in funding opportunities. Per the trustees' report, the charity is now relying more on one-off grants and drawing upon limited financial reserves, with the coming year described as 'even more challenging.'

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

What the accounts disclose

Reserves position: below the charity's own stated reserves policy

“With our reserve funds greatly reduced, we have readjusted our offerings, focussing more on supporting those most vulnerable and in need of daily support within our rural community.” — page 1

Per its FY2025 accounts as filed with the Charity Commission.

Going concern: noted by the trustees or auditor

“The Trust will undoubtedly find the coming year even more challenging as it strives to continue to deliver its charitable aims and objectives.”

Per its FY2025 accounts as filed with the Charity Commission.

Discloses 3 of 6 completeness components.

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

Trustees · trustee networks

KEITH URCHchair · trustee of 1 other charity
Eli Heathfield
Julia Denise Gooch
MARTIN STEPHEN DRAPER · trustee of 1 other charity
Margaret Jane Highton

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

Operates in: Gloucestershire

Income and spending

Financial year end	Income	Spending
31/08/2025	£29k	£44k
31/08/2024	£47k	£48k
31/08/2023	£38k	£45k
31/08/2022	£26k	£46k
31/08/2021	£73k	£86k

Common questions

Is NEWENT INITIATIVE TRUST financially healthy?

Per its FY2025 accounts: The accounts state that the charity has utilized its reserve funds for the third consecutive year due to increased energy and employment costs and a reduction in funding opportunities. Per the trustees' report, the charity is now relying more on one-off grants and drawing upon limited financial reserves, with the coming year described as 'even more challenging.'

Who funds NEWENT INITIATIVE TRUST?

Funders whose own accounts filings name NEWENT INITIATIVE TRUST as a grant recipient include COUNTY OF GLOUCESTERSHIRE COMMUNITY FOUNDATION, THE MIDCOUNTIES CO-OPERATIVE COMMUNITY FUND.

Known funders

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

Funder	Year	Amount	Purpose (as stated by the funder)
COUNTY OF GLOUCESTERSHIRE COMMUNITY FOUNDATION	FY2024	£3k	Children and young people
COUNTY OF GLOUCESTERSHIRE COMMUNITY FOUNDATION	FY2023	£3k	Children and young people
THE MIDCOUNTIES CO-OPERATIVE COMMUNITY FUND	FY2022	£2k
COUNTY OF GLOUCESTERSHIRE COMMUNITY FOUNDATION	FY2024	£1k	Disadvantaged communities
THE MIDCOUNTIES CO-OPERATIVE COMMUNITY FUND	FY2025	£500

Government & lottery funding

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

Funder	Date	Amount	Purpose
The National Lottery Heritage Fund	16/07/2007	£10k	"A Project To Hold A Festival To Commemorate The 40th Anniversary Of The Death Of Joe Meek, A Pioneering Record Producer And Songwriter, Born"
The National Lottery Community Fund	03/02/2005	£5k	chill out zone youth cafe