THE VENTURE (WREXHAM) LIMITED
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.
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.
What the accounts disclose
“Lottery - MOF 281,798” — page 27
“the Charity’s aim of achieving and maintaining sufficient reserves to cover at least 3 months operational expenditure was not achieved during 2024/25”
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Paying staff
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
From the charity’s annual return (Part A, self-declared)
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
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (21/01/2014)
Trustees
- Suzanne Nantcurvischair
- Alun Oldfield
- Barbara Lloyd
- Corin Jarvis
- Elinor Doherty
- Emma Owens
- Jayne Alton
- Natalie Jayne Rose
- Sheila Marie Groom
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE STEVE MORGAN FOUNDATION | FY2021 | £60k | Regional Grants > £50K |
| THE NORTH WALES POLICE AND COMMUNITY TRUST | FY2024 | £250 | OP BANG |
| THE NORTH WALES POLICE AND COMMUNITY TRUST | FY2022 | £250 | OP. BANG |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Postcode Lottery | 31/03/2025 | £25k | Unrestricted Funding |
| The National Lottery Community Fund | 13/11/2023 | £10k | Prosiect Cynhwysiant y Fenter The Venture Inclusion Project (VIP) |
| The National Lottery Community Fund | 15/12/2022 | £89k | UKP Cost of Living - The Venture |
| The National Lottery Community Fund | 12/09/2022 | £10k | Prosiect Cynhwysiant Chwarae Y Fenter The Venture Inclusion Project (PIP) |
| The National Lottery Community Fund | 11/08/2021 | £10k | COVID - 19 The Venture Play Inclusion Project |
| The National Lottery Community Fund | 27/05/2020 | £10k | COVID-19 Venture Together |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE FIDELITY UK FOUNDATION | 2 | £266k |
| THE VAN NESTE FOUNDATION | 2 | £15k |
| LANGLEY CHARITABLE TRUST | 1 | £1.5m |
| WALES COUNCIL FOR VOLUNTARY ACTION | 1 | £847k |
| IMPETUS - THE PRIVATE EQUITY FOUNDATION | 1 | £594k |
| KUSUMA TRUST UK | 1 | £110k |
| GIVENGAIN UK FOUNDATION | 1 | £98k |
| HOBDEN FOUNDATION | 1 | £55k |
Charities like this
- VENTURE COMMUNITY ASSOCIATION
- INCLUSION VENTURES LIMITED
- THE VENTURE TRUST
- VENTURE ARTS
- ADVENTURE THERAPY
- YOUTH ADVENTURE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE VENTURE (WREXHAM) LIMITED | £670k | — | 0 | below | — | no doubt |
| VENTURE COMMUNITY ASSOCIATION | £755k | — | 0 | unclear | — | noted |
| INCLUSION VENTURES LIMITED | £328k | — | 0 | unclear | — | no doubt |
| THE VENTURE TRUST | £2.2m | £60,001 - £70,000 | 1 | unclear | — | no doubt |
| VENTURE ARTS | £1.4m | — | 0 | above | — | no doubt |
| ADVENTURE THERAPY | £186k | Under £60,000 | 0 | unclear | — | no doubt |