NEWPORT LIVE

Registered charity 1162220 · accounts filings on the Charity Commission register

Provision of both indoor and outdoor facilities in the interests of social welfare for recreation or other leisure time occupation To promote community participation in healthy recreational activitiesProvision of community facilities to be available to all sections of the communityTo promote the education of the public through the provision of facilities for performing arts

Causes: Arts/culture/heritage/science · Recreation · website · Get email alerts

Latest income
£11.2m
Latest spending
£11.3m
Registered
2015
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that Newport Live reported an overall deficit of £121,127 for the year ended 31 March 2025, with unrestricted funds totaling £2,264,806. The trustees have established a reserves policy target of between £600,000 and £800,000 for unrestricted non-designated reserves, a level which the charity currently exceeds. The independent auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern.

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

What the accounts disclose

Reserves policy: between £600,000 and £800,000 (held: £2.3m)
“The Newport Live Board are agreed that a reasonable level of unrestricted non-designated reserves is required of between £600,000 and £800,000” — page 3
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Newport City Council acts as the principal funder and a member of Newport Live. During the year, Newport Live received £4,236,392 (2024: £4,325,770) from Newport City Council in the form of management fees and grants with purchases of £6,614,989 (2024: £6,213,414). At the year end, amounts of £1,066,364 (2024: £749,569) were owed to Newport Live by Newport City Council and Newport Live owed Newport City Council £118,074 (2024: £64,455).
“Newport City Council acts as the principal funder and a member of Newport Live. During the year, Newport Live received £4,236,392 (2024: £4,325,770) from Newport City Council in the form of management fees and grants with purchases of £6,614,989 (2024: £6,213,414). At the year end, amounts of £1,066,364 (2024: £749,569) were owed to Newport Live by Newport City Council and Newport Live owed Newport City Council £118,074 (2024: £64,455).” — page 42
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Menzies LLP. Discloses 4 of 6 completeness components.

In the news

Recent coverage mentioning this charity by name (automated match; headlines belong to their publishers).

Corporate structure

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Property (HM Land Registry)

2 registered titles in England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

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

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

Total income
£11.2m
Total spending
£11.3m
Reserves (reported)
£2.3m
Employees
298

Reported reserves equal ~2.4 months of spending — below the median for charities its size (median 4.6 months; benchmarks).

Per its annual return, largest income source: Charitable activities (86% 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 (3.8%) (benchmarks).

Trustees · trustee networks

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

Operates in: Newport City

Income and spending

Financial year endIncomeSpending
31/03/2025£11.2m£11.3m
31/03/2024£11.1m£11.1m
31/03/2023£10.6m£12.1m
31/03/2022£9.7m£11.1m
31/03/2021£8.5m£8.2m

Common questions

Is NEWPORT LIVE financially healthy?

Per its FY2025 accounts: The accounts state that Newport Live reported an overall deficit of £121,127 for the year ended 31 March 2025, with unrestricted funds totaling £2,264,806. The trustees have established a reserves policy target of between £600,000 and £800,000 for unrestricted non-designated reserves, a level which the charity currently exceeds. The independent auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Menzies LLP.

Government & lottery funding

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

FunderDateAmountPurpose
UK government01/04/2021£17kGigabit Capable Connection at Geraint Thomas National Velodrome of Wales
The National Lottery Community Fund08/12/2016£2kNewport Celebrates International Womens Day
The National Lottery Heritage Fund25/02/2016£8k"Ch'ART'ism on the Hill"

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 EAST DORSET LAWN TENNIS & CROQUET CLUB LIMITED.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
NEWPORT LIVE£11.2m——unclear—no doubt
EAST DORSET LAWN TENNIS & CROQUET CLUB LIMITED FY2025£548k—0below—no doubt
The Sports Trust FY2025£1.4m£70,001 - £80,000—below—no doubt
POMPEY IN THE COMMUNITY FY2025£2.2m——unclear—no doubt
SOUTH DOWNS LEISURE FY2025£11.5m——unclear—no doubt
West Wight Sports and Community Centre Trust Ltd FY2025£1.3m—0below—no doubt

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