NEWPORT LIVE

Registered charity 1162220 · accounts filings on the Charity Commission register

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Latest income
£11.2m
Latest spending
£11.3m
Registered
2015
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that Newport Live reported an overall surplus of £10,337,051 for the year ended 31 March 2023, although the underlying performance excluding pension adjustments resulted in a deficit of £61,498,949. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern, noting that unrestricted reserves are held and the pension deficit is fully underwritten by Newport City Council.

What the accounts disclose

Accounts audited by Azets Audit Services. Discloses 3 of 6 completeness components.

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).

Trustees

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?

The accounts state that Newport Live reported an overall surplus of £10,337,051 for the year ended 31 March 2023, although the underlying performance excluding pension adjustments resulted in a deficit of £61,498,949. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern, noting that unrestricted reserves are held and the pension deficit is fully underwritten by Newport City Council. Its FY2023 accounts were audited by Azets Audit Services.

Government & lottery funding

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

FunderDateAmountPurpose
The National Lottery Heritage Fund25/02/2016£8k"Ch'ART'ism on the Hill"

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