URBAN CIRCLE NEWPORT
UCN has been a forward-thinking youth development charity that aims to help build, promote and sustain constructive community relationships and individual involvement using a variety of creative platforms. To provide opportunities for young people to be purposely active in pursuing the wellbeing benefits, career potential or formal education of youth & community or the arts sectors.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £88,547 for the year ended 31 December 2024, resulting in a negative net current asset position of £70,491. The trustees confirmed the going concern basis of accounting, asserting that the charity has adequate resources to continue in operational existence for the foreseeable despite current uncertain economic conditions.
What the accounts disclose
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- PETER LANDERSchair
- Deanna Henry
- Mark Iggulden
- ROY GRANT
- Roiyah Saltus
- Rosemary Laing
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £787k | £817k |
| 31/12/2023 | £428k | £517k |
| 31/12/2022 | £463k | £461k |
| 31/12/2021 | £189k | £184k |
| 31/12/2020 | £33k | £32k |
Common questions
Is URBAN CIRCLE NEWPORT financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net expenditure of £88,547 for the year ended 31 December 2024, resulting in a negative net current asset position of £70,491. The trustees confirmed the going concern basis of accounting, asserting that the charity has adequate resources to continue in operational existence for the foreseeable despite current uncertain economic conditions. Its FY2024 accounts were independently examined.