NSA AFAN (COMMUNITY 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.
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.
What the accounts disclose
“Income from charitable activities 124,289” — page 9
“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.”
“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
“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
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
- Risk management
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Volunteer management
Trustees
- GARY ROBERTSchair
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 13/06/2012 | £692k | NSA Community Employment Academy |
| The National Lottery Community Fund | 14/07/2011 | £15k | NSA Community Employment Academy |
| The National Lottery Community Fund | 19/07/2007 | £101k | Hopkin Street Recreational Area |
| The National Lottery Community Fund | 21/05/2007 | £5k | Sandfields Aberavon Beach Festival |
| The National Lottery Community Fund | 22/07/2005 | £7k | Beach Festival |
| The National Lottery Community Fund | 16/11/2004 | £5k | Unspecified |
| The National Lottery Community Fund | 28/09/2004 | £178k | There is no project name available for this record |