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MONTY'S COMMUNITY HUB

Registered charity 1155649 · accounts filings on the Charity Commission register · also known as MONTY'S

Monty's Community Hub is based in an area of Southampton, which ranks highly across multiple indices of deprivation, partnering with our community to enable personal, social and spiritual growth. Monty's works alongside local residents (especially children and families) to grow their skills/aspirations/capacity, so that the local community is enabled to identify and respond to their own needs.

Causes: General Charitable Purposes · Education/training · The Prevention Or Relief Of Poverty · Religious Activities · Economic/community Development/employment · website · Get email alerts

Latest income
£162k
Latest spending
£188k
Registered
2014
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net deficit of £25,358 for the year ending 2024, driven by reduced income in grant-funded activities and commercial bike hub sales. Despite this deficit, total unrestricted reserves stood at £38,435, which the Treasurer notes is below the stated policy target of three months' running costs, while total funds were £119,890.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: three months of unrestricted expenditure (held: £38k)
“Reserves - Monty’s aims to hold a minimum of 3 months’ (and maximum of 6 months) running costs in reserves.” — page 15
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Public profiles (found on the charity’s own website): facebook

Trustees · trustee networks

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

Operates in: Southampton City

Income and spending

Financial year endIncomeSpending
31/12/2024£162k£188k
31/12/2023£223k£213k
31/12/2022£130k£169k
31/12/2021£153k£114k
31/12/2020£137k£87k

Common questions

Is MONTY'S COMMUNITY HUB financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a net deficit of £25,358 for the year ending 2024, driven by reduced income in grant-funded activities and commercial bike hub sales. Despite this deficit, total unrestricted reserves stood at £38,435, which the Treasurer notes is below the stated policy target of three months' running costs, while total funds were £119,890. Its FY2024 accounts were independently examined.

Who funds MONTY'S COMMUNITY HUB?

Funders whose own accounts filings name MONTY'S COMMUNITY HUB as a grant recipient include IMAGINE FOUNDATION, THE VALENTINE CHARITABLE TRUST, WESTHILL ENDOWMENT.

Known funders

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

FunderYearAmountPurpose (as stated by the funder)
IMAGINE FOUNDATIONFY2023£33kCommunity Development
THE VALENTINE CHARITABLE TRUSTFY2022£20k
THE VALENTINE CHARITABLE TRUSTFY2023£10k
THE VALENTINE CHARITABLE TRUSTFY2025£10k
THE VALENTINE CHARITABLE TRUSTFY2024£10k
WESTHILL ENDOWMENTFY2024£10kGrantmaking
IMAGINE FOUNDATIONFY2022£9kCommunity Development
IMAGINE FOUNDATIONFY2021£8kCommunity Development
IMAGINE FOUNDATIONFY2024£0Community Development

Government & lottery funding

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

FunderDateAmountPurpose
The National Lottery Community Fund16/01/2025£20kMonty's & Youth Justice Service Bike Maintenance Project
The National Lottery Community Fund21/07/2023£10kMH Adventure Days
UK government27/08/2020£5kVSCE CMC Fund
UK government18/08/2020£10kCoronavirus Community Support Fund
The National Lottery Community Fund06/06/2019£10kMonty's - Space to Grow
The National Lottery Community Fund11/01/2017£10kMonty's Community Hub - increasing community capacity