HEARTS MAGIC

Registered charity 1185985 · accounts filings on the Charity Commission register

To support the socially excluded in Blaenau Gwent through free events and other community beneficial support.

Objects

TO PROMOTE SOCIAL INCLUSION FOR THE PUBLIC BENEFIT BY PREVENTING PEOPLE FROM BECOMING SOCIALLY EXCLUDED, RELIEVING THE NEEDS OF THOSE PEOPLE WHO ARE SOCIALLY EXCLUDED AND ASSISTING THEM TO INTEGRATE INTO SOCIETY.FOR THE PURPOSE OF THIS CLAUSE ‘SOCIALLY EXCLUDED’ MEANS BEING EXCLUDED FROM SOCIETY, OR PARTS OF SOCIETY, AS A RESULT OF ONE OF MORE OF THE FOLLOWING FACTORS: UNEMPLOYMENT; FINANCIAL HARDSHIP; YOUTH OR OLD AGE; ILL HEALTH (PHYSICAL OR MENTAL); POOR EDUCATIONAL OR SKILLS ATTAINMENT AND RELATIONSHIP; FAMILY BREAKDOWN.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: General Charitable Purposes · Disability · The Prevention Or Relief Of Poverty · website · Get email alerts

Latest income
£52k
Latest spending
£53k
Registered
2019
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity's financial position is stable, allowing it to continue its community work comfortably. Reserves held amount to £33,300, which are maintained due to specific grant requirements and to ensure financial stability. There are no material deficits or uncertainties regarding the charity's ability to continue as a going concern.

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

What the accounts disclose

Reserves policy: specific requirements of grants received and to ensure financial stability (held: £33k)
“Reserves are held due to specific requirements of grants received and to ensure financial stability.”
Per its FY2024 accounts as filed with the Charity Commission.

Discloses 4 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Trustees · trustee networks

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

Operates in: Blaenau Gwent

Income and spending

Financial year endIncomeSpending
31/10/2025£52k£53k
31/10/2024£36k£36k
31/10/2023£60k£29k
31/10/2022£58k£51k
31/10/2021£0£2k

Common questions

Is HEARTS MAGIC financially healthy?

Per its FY2024 accounts: The accounts state that the charity's financial position is stable, allowing it to continue its community work comfortably. Reserves held amount to £33,300, which are maintained due to specific grant requirements and to ensure financial stability. There are no material deficits or uncertainties regarding the charity's ability to continue as a going concern.

Government & lottery funding

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

FunderDateAmountPurpose
The National Lottery Community Fund02/11/2021£9kTredegar Community Task Force
The National Lottery Community Fund15/04/2020£10kCOVID-19 - Tredegar Community Taskforce
The National Lottery Community Fund24/10/2018£8kCaring for the Heart of the Community