ST MICHAEL'S CENTRE (ABERGAVENNY) TRUST LIMITED
The principal activity of the Charity is the mangement and maintenance of the St Michael's Centre, a community centre for the benefit of the people of Abergavenny and district.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves increased to £28,101, which comfortably meets the trustees' declared objective of meeting average expenditure for six months without income. The trustees consider the Centre is not at risk of insolvency and have adopted the going concern basis of accounting. The charity operates entirely through volunteers with no paid employees.
What the accounts disclose
“These comfortably meet the declared objective of being able to meet average expenditure for six months without any income.”
“The Centre has a close relationship with Belmont Abbey, whose Abbot ultimately controls the appointment of directors and trustees, and the Belmont Abbey Charitable Incorporated Organisation (previously the Belmont Abbey Mission Trust) from which the land on which the Centre is built is leased at a peppercorn annual rent on a long lease.” — page 5
“The Centre also provides the venue for pastoral and social activities of the Roman Catholic parish of our Our Lady and St Michaels, which adjoins the Centre and was one of its original funders. It is though a legally separate and independent organization. The parish continues its substantial donation to the Centre for its extensive use of the Centre.” — page 4
“The Centre has a close relationship with Belmont Abbey, whose Abbot ultimately controls the appointment of directors and trustees, and the Belmont Abbey Charitable Incorporated Organisation (previously the Belmont Abbey Mission Trust) from which the land on which the Centre is built is leased at a peppercorn annual rent on a long lease.” — page 5
“The Centre also provides the venue for pastoral and social activities of the Roman Catholic parish of our Our Lady and St Michaels, which adjoins the Centre and was one of its original funders. It is though a legally separate and independent organization. The parish continues its substantial donation to the Centre for its extensive use of the Centre.” — page 4
Property (HM Land Registry)
Trustees
- ANDREW LAURENCE CAMPBELLchair
- MICHAEL ROSS MURRAY
- Rev Mark Carney OSB
- Simon Aidan Reynolds
- Thomas John Whyatt
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £36k | £31k |
| 31/03/2024 | £32k | £35k |
| 31/03/2023 | £17k | £39k |
| 31/03/2022 | £20k | £31k |
| 31/03/2021 | £27k | £16k |
Common questions
Is ST MICHAEL'S CENTRE (ABERGAVENNY) TRUST LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves increased to £28,101, which comfortably meets the trustees' declared objective of meeting average expenditure for six months without income. The trustees consider the Centre is not at risk of insolvency and have adopted the going concern basis of accounting. The charity operates entirely through volunteers with no paid employees. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 26/06/2009 | £3k | St Michael's Centre: Abergavenny's New Multi-purpose Community Facility |