The Hwb Torfaen
TO ADVANCE IN LIFE THE PEOPLE IN TORFAEN AND THE SURROUNDING AREAS THROUGH: (A) THE PROVISION OF RECREATIONAL AND LEISURE TIME ACTIVITIES PROVIDED IN THE INTEREST OF SOCIAL WELFARE, DESIGNED TO IMPROVE THEIR CONDITIONS OF LIFE; (B) PROVIDING SUPPORT AND ACTIVITIES WHICH DEVELOP THEIR SKILLS, CAPACITIES AND CAPABILITIES TO ENABLE THEM TO PARTICIPATE IN SOCIETY AS RESPONSIBLE INDIVIDUALS.
Financial health, per its FY2025 accounts
The accounts state that the charity held unrestricted reserves of £52,275 at the end of the financial year. The trustees report confirms the existence of a reserves policy, though the specific target amount is not disclosed in the provided text. The independent examiner reported no matters requiring attention, indicating the accounts were prepared in accordance with applicable regulations.
What the accounts disclose
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- MARK PRICEchair
- Gareth Brenton
- Lindsay Evans
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £526k | £488k |
| 31/03/2024 | £391k | £391k |
| 31/03/2023 | £286k | £318k |
| 31/03/2022 | £295k | £294k |
| 31/03/2021 | £248k | £227k |
Common questions
Is The Hwb Torfaen financially healthy?
Per its FY2025 accounts: The accounts state that the charity held unrestricted reserves of £52,275 at the end of the financial year. The trustees report confirms the existence of a reserves policy, though the specific target amount is not disclosed in the provided text. The independent examiner reported no matters requiring attention, indicating the accounts were prepared in accordance with applicable regulations. Its FY2025 accounts were independently examined.
Who funds The Hwb Torfaen?
Funders whose own accounts filings name The Hwb Torfaen as a grant recipient include MOONDANCE FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| MOONDANCE FOUNDATION | FY2022 | £38k | Causes in Wales |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 27/05/2020 | £10k | COVID-19 - Digital Doorways |
| The National Lottery Community Fund | 14/05/2020 | £27k | Hwb: Connecting communities with collaboration |
| The National Lottery Community Fund | 06/02/2020 | £10k | Youth Live Performance and Disco Project |
| The National Lottery Heritage Fund | 21/11/2018 | £221k | "World Heritage Youth Ambassadors" |
| The National Lottery Community Fund | 06/11/2018 | £10k | HWB Recording Studio |