NSA AFAN (COMMUNITY REGENERATION)

Registered charity 1088934 · accounts filings on the Charity Commission register · also known as NEW SANDFIELDS - SUSTAINABLE REGENERATION, NEW SANDFIELDS ABERAFAN, NEW SANDFIELDS AND ABERAFAN - SUSTAINABLE REGENERATION

We cultivate community enterprise and are a member of the Development Trust Association Wales. We acquire or purchase local assets to meet local needs. We secure community prosperity by keeping money within the community as much as we can by sourcing local suppliers and customers. We strive to build a sustainable organisation and a sustainable community. We embrace social enterprise.

Objects

A) THE PROMOTION FOR THE PUBLIC BENEFIT OF URBAN OR RURAL REGENERATION IN AREAS OF SOCIAL AND ECONOMIC DEPRIVATION, AND IN PARTICULAR, THE ELECTORAL DIVISIONS CURRENTLY KNOWN AS SANDFIELDS EAST, SANDFIELDS WEST AND ABERAFANB) THE ADVANCEMENT OF EDUCATION, TRAINING OR RETRAINING, PARTICULARLY AMONG UNEMPLOYED PEOPLE, AND PROVIDING UNEMPLOYED PEOPLE WITH WORK EXPERIENCE;C) TO RELIEVE SICKNESS AND TO PRESERVE AND PROTECT GOOD HEALTH.D) THE RELIEF OF POVERTY.E) TO PROVIDE RECREATIONAL FACILITIES FOR THE PUBLIC AT LARGE OR THOSE WHO BY REASON OF THEIR YOUTH, AGE, INFIRMITY OR DISABLEMENT, POVERTY OR SOCIAL AND ECONOMIC CIRCUMSTANCES, HAVE NEED OF SUCH FACILITIES.F) THE MAINTENANCE, IMPROVEMENT OR PROVISION OF PUBLIC AMENITIES;G) THE PROMOTION OF PUBLIC SAFETY AND THE PREVENTION OF CRIME.H) SUCH OTHER MEANS AS MAY FROM TIME TO TIME BE DETERMINED SUBJECT TO THE PRIOR WRITTEN CONSENT OF THE CHARITY COMMISSIONERS FOR ENGLAND AND WALES.

Area of benefit: SANDFIELDS EAST, SANDFIELDS WEST AND ABERAFAN

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

Causes: Education/training · Disability · The Prevention Or Relief Of Poverty · Environment/conservation/heritage · Economic/community Development/employment · Other Charitable Purposes · website · Get email alerts

Latest income
£124k
Latest spending
£107k
Registered
2001
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net income of £17,661 for the year ended 31 March 2025, bringing total unrestricted funds to £20,148. The trustees note that their policy to maintain three months of running costs is currently not achievable due to difficult trading conditions. The financial statements were subject to independent examination rather than audit.

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

What the accounts disclose

Largest income source: Charitable activities (100% of income)
“Income from charitable activities 124,289” — page 9
Per its FY2025 accounts as filed with the Charity Commission.
Reserves position: below the charity's own stated reserves policy (held: £20k; policy: three months running costs)
“However in the event of periods of difficult trading this continues to be no longer achievable until the survival strategy disposal of unproductive assets is achieved.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The charity purchased shares in a related scheme.
“The charity has purchased 6 shares in the scheme totalling £4,800 as a demonstration of commitment to clean renewable energy and the potential community benefits of the scheme to residents in the Swansea Bay area.” — page 3
Per its FY2025 accounts as filed with the Charity Commission.
Governance: The charity acknowledges fraudulent activities carried out by a former employee and states: 'The charity has introduced a stricter form of controls as a consequence of fraudulent activities identified during the years which were carried out by a former employee. This is referred to in the auditor's report.'
“The charity has introduced a stricter form of controls as a consequence of fraudulent activities identified during the years which were carried out by a former employee. This is referred to in the auditor's report.” — page 3
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

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.

Trustees · trustee networks

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

Operates in: Neath Port Talbot

Income and spending

Financial year endIncomeSpending
31/03/2025£124k£107k
31/03/2024£128k£121k
31/03/2023£86k£86k
31/03/2022£74k£72k
31/03/2021£150k£102k

Common questions

Is NSA AFAN (COMMUNITY REGENERATION) financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net income of £17,661 for the year ended 31 March 2025, bringing total unrestricted funds to £20,148. The trustees note that their policy to maintain three months of running costs is currently not achievable due to difficult trading conditions. The financial statements were subject to independent examination rather than audit. Its FY2025 accounts were independently examined.

Government & lottery funding

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

FunderDateAmountPurpose
The National Lottery Community Fund13/06/2012£692kNSA Community Employment Academy
The National Lottery Community Fund14/07/2011£15kNSA Community Employment Academy
The National Lottery Community Fund19/07/2007£101kHopkin Street Recreational Area
The National Lottery Community Fund21/05/2007£5kSandfields Aberavon Beach Festival
The National Lottery Community Fund22/07/2005£7kBeach Festival
The National Lottery Community Fund16/11/2004£5kUnspecified
The National Lottery Community Fund28/09/2004£178kThere is no project name available for this record