The Family & Community Group
We support children, young people, and their families, creating, facilitating activities, opportunities and developing support networks, for groups to access. We manage community facilities in Torfaen, these facilities support the communities we work with, providing a wide range of recreational activities as well as need based projects to support vulnerable groups in Torfaen
Financial health, per its FY2024 accounts
The accounts state that the charity reported a deficit of £3,031.87 for the year ended 31 December 2024, resulting in a closing balance of £21,534.36. The trustees consider the financial performance satisfactory and state that reserves remain sufficient to support ongoing operations.
What the accounts disclose
“Total income for the year ended 31 December 2024 was £85,410.96, an increase of 56% from 2023, primarily due to successful grant applications and increased hall hire.” — page 2
“At the end of 2024, the charity held total funds of £21,534.36, of which £5,000 is reserved to ensure the charity can continue operating for at least six months in the event of unexpected financial challenges.” — page 2
Trustees
- Carolyn Ward
- David Cornish
- Rachel-Jade Bromley
- Rebecca Driscoll
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £85k | £88k |
| 31/12/2023 | £55k | £37k |
| 31/12/2022 | £0 | £1k |
| 31/12/2021 | £18k | £10k |
Common questions
Is The Family & Community Group financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a deficit of £3,031.87 for the year ended 31 December 2024, resulting in a closing balance of £21,534.36. The trustees consider the financial performance satisfactory and state that reserves remain sufficient to support ongoing operations.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 31/01/2023 | £10k | Opening the Doors Community Project |
| UK government | 06/10/2020 | £5k | VSCE CMC Fund |