THE VENTURE (WREXHAM) LIMITED

Registered charity 1153454 · accounts filings on the Charity Commission register

To act as a resource for children, young people and their families living in Wrexham and the surrounding area by providing advice and assistance and organising programmes of physical, educational and other activities through recreation, play and leisure time activities developing young people's skills to enable them to participate fully in society as independent, responsible individuals

Objects

1. TO ACT AS A RESOURCE FOR YOUNG PEOPLE UP TO THE AGE OF 25 LIVING IN WREXHAM AND THE SURROUNDING AREA (THE 'AREA OF BENEFIT') BY PROVIDING ADVICE AND ASSISTANCE AND ORGANISING PROGRAMMES OF PHYSICAL, EDUCATIONAL AND OTHER ACTIVITIES AS A MEANS OF:(A) PROVIDING RECREATION, PLAY AND LEISURE TIME ACTIVITIES IN THE INTERESTS OF SOCIAL WELFARE FOR PEOPLE LIVING IN THE AREA OF BENEFIT WHO HAVE NEED BY REASON OF THEIR YOUTH, AGE, INFIRMITY OR DISABILITY, POVERTY OR SOCIAL AND ECONOMIC CIRCUMSTANCES WITH A VIEW TO IMPROVING THE CONDITIONS OF LIFE OF SUCH PERSONS;(B) ADVANCING IN LIFE AND HELPING YOUNG PEOPLE BY DEVELOPING THEIR SKILLS, CAPACITIES AND CAPABILITIES TO ENABLE THEM TO PARTICIPATE IN SOCIETY AS INDEPENDENT, MATURE AND RESPONSIBLE INDIVIDUALS;(C) ADVANCING EDUCATION.2. TO ADVANCE EDUCATION AND TRAINING FOR THE PUBLIC BENEFIT IN THE AREA OF BENEFIT IN PARTICULAR BUT NOT EXCLUSIVELY BY PROVIDING EDUCATION IN LITERACY AND NUMERACY.3. TO PROMOTE GOOD HEALTH AND WELLBEING IN THE AREA OF BENEFIT FOR THE PUBLIC BENEFIT BY SUPPORTING INITIATIVES THAT PROMOTE GOOD HEALTH (INCLUDING HEALTHY EATING CAMPAIGNS).IN FURTHERANCE OF THESE OBJECTS BUT NOT OTHERWISE, THE TRUSTEES SHALL HAVE POWER: TO ESTABLISH OR SECURE THE ESTABLISHMENT OF A COMMUNITY CENTRE IN THE AREA OF BENEFIT AND TO MAINTAIN OR MANAGE OR CO-OPERATE WITH ANY STATUTORY AUTHORITY IN THE MAINTENANCE AND MANAGEMENT OF SUCH A CENTRE FOR ACTIVITIES PROMOTED BY THE CHARITY IN FURTHERANCE OF THE ABOVE OBJECTS.

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 · The Advancement Of Health Or Saving Of Lives · Disability · The Prevention Or Relief Of Poverty · Amateur Sport · Grant history (this charity is a funder) · website · Get email alerts

Registered contact address: Wrexham, Wales (from the postcode on the register)

Latest income
£670k
Latest spending
£547k
Registered
2013
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity's unrestricted reserves fell to £131,327, which is below the stated policy target of three months of operational expenditure. The filing notes that the charity faced financial challenges in securing funding and that core income has reduced significantly compared to previous years, though it remains a going concern.

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

What the accounts disclose

Largest income source: National Lottery (42% of income)
“Lottery - MOF 281,798” — page 27
Per its FY2025 accounts as filed with the Charity Commission.
Reserves position: below the charity's own stated reserves policy
“the Charity’s aim of achieving and maintaining sufficient reserves to cover at least 3 months operational expenditure was not achieved during 2024/25”
Per its FY2025 accounts as filed with the Charity Commission.

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

In its annual return the charity told the Commission it is also regulated by: Care Inspectorate Wales (CIW). 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: 11
  • Government income: £220,448 — grants £220,448 (9); 33% of the £669,850 total gross income on the same return

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

  • Volunteers: 14
  • Government income: £154,127 — contracts £119,215 (4), grants £34,912 (7); 28% of the £558,975 total gross income on the same return

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

  • Volunteers: 15
  • Grant-making is its main activity

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

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

Total income
£670k
Total spending
£547k
Reserves (reported)
£25k
Employees
16

Reported reserves equal ~0.5 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 (98% 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: 0.0% of total income — below the median for charities its size (4.9%) (benchmarks).

Register events

Trustees · trustee networks

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

Operates in: Wrexham

Income and spending

Financial year endIncomeSpending
31/03/2025£670k£547k
31/03/2024£559k£471k
31/03/2023£393k£368k
31/03/2022£354k£330k
31/03/2021£344k£238k

Common questions

Is THE VENTURE (WREXHAM) LIMITED financially healthy?

Per its FY2025 accounts: The accounts state that the charity's unrestricted reserves fell to £131,327, which is below the stated policy target of three months of operational expenditure. The filing notes that the charity faced financial challenges in securing funding and that core income has reduced significantly compared to previous years, though it remains a going concern. Its FY2025 accounts were independently examined.

Who funds THE VENTURE (WREXHAM) LIMITED?

Funders whose own accounts filings name THE VENTURE (WREXHAM) LIMITED as a grant recipient include THE STEVE MORGAN FOUNDATION, THE NORTH WALES POLICE AND COMMUNITY TRUST.

Known funders

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

FunderYearAmountPurpose (as stated by the funder)
THE STEVE MORGAN FOUNDATIONFY2021£60kRegional Grants > £50K
THE NORTH WALES POLICE AND COMMUNITY TRUSTFY2024£250OP BANG
THE NORTH WALES POLICE AND COMMUNITY TRUSTFY2022£250OP. BANG

Government & lottery funding

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

FunderDateAmountPurpose
Postcode Lottery31/03/2025£25kUnrestricted Funding
The National Lottery Community Fund13/11/2023£10kProsiect Cynhwysiant y Fenter The Venture Inclusion Project (VIP)
The National Lottery Community Fund15/12/2022£89kUKP Cost of Living - The Venture
The National Lottery Community Fund12/09/2022£10kProsiect Cynhwysiant Chwarae Y Fenter The Venture Inclusion Project (PIP)
The National Lottery Community Fund11/08/2021£10kCOVID - 19 The Venture Play Inclusion Project
The National Lottery Community Fund27/05/2020£10kCOVID-19 Venture Together

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 COMMUNITY ASSOCIATION.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE VENTURE (WREXHAM) LIMITED£670k—0below—no doubt
VENTURE COMMUNITY ASSOCIATION FY2025£755k—0unclear—noted
INCLUSION VENTURES LIMITED FY2025£328k—0unclear—no doubt
THE VENTURE TRUST FY2025£2.2m£60,001 - £70,0001unclear—no doubt
VENTURE ARTS FY2026£1.4m—0above—no doubt
ADVENTURE THERAPY FY2025£186kUnder £60,0000unclear—no doubt

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