MAGOR AND UNDY COMMUNITY HUB
The Charity aims to build a community centre or Hub on the Three Fields Site which was originally acquired by Monmouthshire County Council for the purpose of recreation and leisure.The building itself will provide a wealth of opportunities for individuals, groups and clubs and societies.
Financial health, per its FY2025 accounts
The accounts state that the charity produced a financial surplus for the year ended 31 March 2025, with total income and funding of £98,314.20 against total expenditure of £65,573.47. Per the trustees' report, this surplus was enabled by a £25,000 grant from the Town Council covering the manager's salary, and the charity holds total bank balances and cash of £74,831.34.
What the accounts disclose
Property (HM Land Registry)
Trustees
- Adele Davies
- KEVIN WRIGHT
- Linda Squire
- Michael Burke
- Penelope Kirkham
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £98k | £66k |
| 31/03/2024 | £412k | £376k |
| 31/03/2023 | £5k | £2k |
| 31/03/2022 | £290 | £2k |
| 31/03/2021 | £2k | £149 |
Common questions
Is MAGOR AND UNDY COMMUNITY HUB financially healthy?
Per its FY2025 accounts: The accounts state that the charity produced a financial surplus for the year ended 31 March 2025, with total income and funding of £98,314.20 against total expenditure of £65,573.47. Per the trustees' report, this surplus was enabled by a £25,000 grant from the Town Council covering the manager's salary, and the charity holds total bank balances and cash of £74,831.34. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 25/11/2021 | £349k | Bringing the communities of Magor and Undy together in one social hub |
| The National Lottery Community Fund | 14/12/2020 | £6k | Replacement Flooring |