AMMAN VALLEY ENTERPRISE

Charity number: 1012005
Removed charity

Charity overview

Activities - how the charity spends its money

The Charity's activities include Lifelong Learning opportunities, childcare services, community development and social enterprise development.

Income and expenditure

Data for financial year ending 31 March 2007

Total income:
£819,410

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Donations and legacies £0
Charitable activities £539.43k
Other trading activities £267.71k
Investments £217
Other £12.05k

Total expenditure:
£877,967

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Raising funds £0
Charitable activities £867.02k
Other £0

£0 investments gains (losses)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

Text alternative for this canvas graphic is in the data table below.
Raising funds and other expenditure £10.95k
Charitable expenditure £867.02k

Fundraising

No information available

Trading

No information available

Trustee payments

No information available

What, who, how, where

What the charity does:
  • General Charitable Purposes
  • Education/training
  • Arts/culture/heritage/science
  • Economic/community Development/employment
Who the charity helps:
  • Children/young People
  • The General Public/mankind
How the charity helps:
  • Provides Buildings/facilities/open Space
  • Provides Services
Where the charity operates:
  • Carmarthenshire
  • Neath Port Talbot

Governance

Registration history:
  • 17 June 1992: Standard registration
  • 05 July 2010: Removed (Ceased to exist)
Organisation type:
Other names:
  • AVE (Working name)
Gift aid:
No information available
Other regulators:
No information available
Policies:
No policies declared
Land and property:
No information available

Financial history

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Financial period end date

Income / Expenditure 31/03/2004 31/03/2005 31/03/2006 31/03/2007
Total gross income £727.44k £702.52k £1.05m £819.41k
Total expenditure £772.48k £743.25k £926.86k £877.97k
Income from government contracts N/A N/A N/A N/A
Income from government grants N/A N/A N/A N/A
Income - Donations and legacies N/A N/A N/A £0
Income - Other trading activities N/A N/A N/A £267.71k
Income - Charitable activities N/A N/A N/A £539.43k
Income - Endowments N/A N/A N/A £0
Income - Investment N/A N/A N/A £217
Income - Other N/A N/A N/A £12.05k
Income - Legacies N/A N/A N/A £0
Expenditure - Charitable activities N/A N/A N/A £867.02k
Expenditure - Raising funds N/A N/A N/A N/A
Expenditure - Governance N/A N/A N/A £10.95k
Expenditure - Grants institution N/A N/A N/A £0
Expenditure - Investment management N/A N/A N/A £0
Expenditure - Other N/A N/A N/A £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/03/2004 31/03/2005 31/03/2006 31/03/2007
Own use assets N/A N/A N/A £1.29m
Long-term investments N/A N/A N/A £2
Other assets N/A N/A N/A £203.19k
Defined benefit pension scheme asset or liability N/A N/A N/A £0
Total liabilities N/A N/A N/A £889.93k

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 March 2008 Not submitted
Accounts and TAR 31 March 2008 Not submitted
Annual return 31 March 2007 29 January 2008 On Time
Accounts and TAR 31 March 2007 06 February 2008 6 days late
Annual return 31 March 2006 22 January 2007 On Time
Accounts and TAR 31 March 2006 31 January 2007 On Time
Annual return 31 March 2005 09 November 2005 On Time
Accounts and TAR 31 March 2005 20 September 2005 On Time
Annual return 31 March 2004 27 January 2005 On Time
Accounts and TAR 31 March 2004 24 January 2005 On Time

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

MEMORANDUM AND ARTICLES OF ASSOCIATION INCORPORATED 26 MAY 1992 AS AMENDED 5 JANUARY 2000.

Charitable objects

A) TO ADVANCE THE EDUCATION AND TO RELIEVE THE CHARITABLE NEEDS OF THE COMMUNITY AND WOMEN IN PARTICULAR IN THE AMMAN AND UPPER SWANSEA VALLEYS BY THE PROVISION OF TRAINING FACILITIES IN BUSINESS SKILLS,CRAFTS & OTHER PRACTICAL SKILLS SO AS TO DEVELOP THEIR PHYSICAL,MENTAL OR SPIRITUAL CAPACITIES WITH THE OBJECT OF IMPROVING THEIR CONDITIONS OF LIFE. B) TO RELIEVE UNEMPLOYMENT FOR THE PUBLIC BENEFIT IN SUCH WAYS AS MAY BE THOUGHT FIT, INCLUDING ASSISTANCE TO FIND EMPLOYMENT.

Area of benefit

The area the charity can operate in, as set out in its governing document.

AMMAN AND UPPER SWANSEA VALLEYS