STOW HILL RESOURCE & ENTERPRISE CENTRE

Registered charity 1159387 · accounts filings on the Charity Commission register · also known as SHARE CENTRE

To Develop the economic,social and personal capacity and skills of the immediate Stow Hill Community in Newport and wider environs in such a way that they are better able to identify and help meet their needs to participate more fully in society. The organisation will help equip people with skills and competences , develop individual potential and help establish social enterprise.

Causes: Economic/community Development/employment · website · Get email alerts

Latest income
£30k
Latest spending
£46k
Registered
2014
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity closed its doors permanently on 31 December 2024 following a decision that it was not viable to take a new lease. The trustees report a net deficit for the period and note that cash funds ended the year at £2,569 after significant reductions in income.

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

What the accounts disclose

Going concern: accounts NOT prepared on a going-concern basis (closing, merging or winding up)
On 31 December 2024, the SHARE Centre closed its doors for the last time.
Per its FY2024 accounts as filed with the Charity Commission.

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

Trustees · trustee networks

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

Operates in: Newport City

Income and spending

Financial year endIncomeSpending
31/12/2024£30k£46k
31/12/2023£42k£38k
31/12/2022£47k£32k
31/12/2021£41k£28k
31/12/2020£32k£33k

Common questions

Is STOW HILL RESOURCE & ENTERPRISE CENTRE financially healthy?

Per its FY2024 accounts: The accounts state that the charity closed its doors permanently on 31 December 2024 following a decision that it was not viable to take a new lease. The trustees report a net deficit for the period and note that cash funds ended the year at £2,569 after significant reductions in income. Its FY2024 accounts were independently examined.

Government & lottery funding

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

FunderDateAmountPurpose
The National Lottery Community Fund11/02/2019£8kVolSHARE