Finance Score: -3
Governance Score: 1
Support Score: 3
  • Volatile income: -3
  • No PartB
  • Narrow trustee age band: -2
  • Gender balanced board: +3
  • Overall weighted support: +3
Overall GiG Score: 1 ?

THE VENTURE COMMUNITY HUB LTD

The Venture provides an accessible and innovative community space that encourages participation and collaboration. A space that is responsive to local need, where people can access a diverse range of high quality services that often have a transformational impact on their lives. This primarily includes play and community development activities.
Analysis by Giving is Great

Positives:

  • A significant proportion of recent income was derived from major grant makers including the Government

Regulatory & Governance issues to consider:

  • The Board has little diversity in terms of age

Financial issues to consider:

  • This Charity has changed registration and some of the financial and donation history pertains to the previous entity
  • A PartB annual return has not been required and so detailed financial information is not available from the online data
  • There has been a change of accounting period recently, so trends may be hard to determine
  • Income has been volatile recently

Financial Data ?

Income & Spending ?
N.B. data has been adjusted to reflect year end change
Sources of Income ?
Y/E Income Spending Surplus/
Deficit
Volun-
teers
31/12/23£0£0£0
31/12/22?£427£322£105
31/12/20£93£46£47
Highest pay bracket: less than £60,000
Established: 3 years
(16 years as a company)

theventurecommunityhub.co.uk

theventure.whitecity@yahoo.co.uk

01452303199

Charity Commission for England and WalesCompanies House
UN SDGs
?
Listed activities
  • Economic/Community Development/Employment
  • Recreation
GiG Classification
  • Other welfare services
How it operates
  • Provides advocacy/advice/information
  • Provides buildings/facilities/open space
Where it operates
  • Gloucestershire,
Who it helps
  • Children/Young People
  • Elderly/Old People
  • People With Disabilities

Who supports them? ?

Donations from Grant Makers ?

We have details on the following donations. Multi-year donations are allocated to the years for which they are earmarked.

Specific Donations
Amount When
Months
To be used for
Barnwood Trust - Glos Funders - Organisation and Group Funding
£12,300 13/04/2023
12
Holiday activities for families

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (3)
Current Trustees appointed
Gender Split

Age Range of Trustees: 64-78
  • CHRISTOPHER ELLIOTT Appointed: 2022, Occupation: Company Director
  • DREWE LACEY Appointed: 2022, Occupation: Retired
  • SUSAN JANE CUNNINGHAM Appointed: 2022, Occupation: Manager
Legal constitution
  • Charitable company registered in England & Wales on 01/03/2022, number: 1198098
  • Registered at Companies House on 04/09/2008, number: 06689116
Gift Aid
  • NOT registered with HMRC for Gift Aid
Policies in force
  • Complaints handling
  • Conflicting interests
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding vulnerable beneficiaries
  • Volunteer management
Filing Record
3 returns made; all on time
Recent reorganisation events:
  • Asset transfer in from WHITE CITY COMMUNITY AND RECREATION CIO on 20/03/2023
Main office

The Communal Building
Dickens Close, Northfield Road
Gloucester
GL4 6UW

Objectives

TO FURTHER OR BENEFIT ALL THE RESIDENTS OF GLOUCESTER CITY, AND IN PARTICULAR THE NEIGHBOURHOOD, WITHOUT DISTINCTION OF AGE, SEX, SEXUAL ORIENTATION, RACE OR OF POLITICAL, RELIGIOUS OR OTHER OPINIONS BY ASSOCIATING TOGETHER THE SAID RESIDENTS AND THE LOCAL AUTHORITIES, VOLUNTARY AND OTHER ORGANISATIONS IN A COMMON EFFORT TO ADVANCE EDUCATION, AND TO PROVIDE FACILITIES IN THE INTERESTS OF SOCIAL WELFARE FOR RECREATION AND LEISURE TIME OCCUPATION WITH THE OBJECTIVE OF IMPROVING THE CONDITIONS OF LIFE FOR THE RESIDENTS.IN FURTHERANCE OF THESE OBJECTS BUT NOT OTHERWISE, THE DIRECTORS SHALL HAVE POWER:TO ESTABLISH OR SECURE THE ESTABLISHMENT OF A COMMUNITY CENTRE AND ADVENTURE PLAYGROUND AND TO MAINTAIN AND MANAGE OR CO-OPERATE WITH ANY STATUTORY AUTHORITY IN THE MAINTENANCE AND MANAGEMENT OF SUCH FACILITIES FOR ACTIVITIES PROMOTED BY THE CHARITY IN FURTHERANCE OF THE ABOVE OBJECTIVES.

Data Sources

Charity Commission for England and Wales
360 Giving

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