ARENA NETWORK

Charity Number: 1048515
Removed charity

Charity overview

Activities - how the charity spends its money

For the benefit of the public to promote and advance by education and training the adoption of practices which will have a beneficial effect on the environment. These include the maintenance and enhancement of the Wales-wide 'business environmental coordinator' (BEC) network; the adoption of best practice in the areas of waste management and resource efficiency & the organisation of Annual Awards.

Income and expenditure

Data for financial year ending 31 March 2008

Total income:
£2,297,650

Text alternative for this canvas graphic is in the data table below.
Donations and legacies £21.77k
Charitable activities £2.14m
Other trading activities £103.30k
Investments £34.16k
Other £0

Total expenditure:
£2,470,970

Text alternative for this canvas graphic is in the data table below.
Raising funds £0
Charitable activities £2.34m
Other £41.14k

£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 £134.09k
Charitable expenditure £2.34m

Fundraising

No information available

Trading

No information available

Trustee payments

No information available

What, who, how, where

What the charity does:
  • Environment/conservation/heritage
Who the charity helps:
  • Other Defined Groups
How the charity helps:
  • Provides Advocacy/advice/information
Where the charity operates:
  • Throughout Wales

Governance

Registration history:
  • 09 August 1995: Standard registration
  • 03 May 2011: Removed (Ceased to exist)
Organisation type:
Charitable company
Other names:
  • WALES ENVIRONMENT CENTRE (Working name)
  • WALES WASTE MANAGEMENT CENTRE (Working name)
Gift aid:
No information available
Other regulators:
No information available
Policies:
No policies declared
Land and property:
No information available

Financial history

" role="img"> Text alternative for this canvas graphic is in the data table below.

Financial period end date

Income / Expenditure 31/03/2004 31/03/2005 31/03/2006 31/03/2007 31/03/2008
Total gross income £2.27m £1.88m £2.26m £2.56m £2.30m
Total expenditure £1.99m £1.82m £2.20m £2.51m £2.47m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A N/A N/A N/A N/A
Income - Donations and legacies N/A N/A N/A £87.30k £21.77k
Income - Other trading activities N/A N/A N/A £101.93k £103.30k
Income - Charitable activities N/A N/A N/A £2.35m £2.14m
Income - Endowments N/A N/A N/A £0 £0
Income - Investment N/A N/A N/A £24.58k £34.16k
Income - Other N/A N/A N/A £0 £0
Income - Legacies N/A N/A N/A £0 £0
Expenditure - Charitable activities N/A N/A N/A £2.41m £2.34m
Expenditure - Raising funds N/A N/A N/A N/A N/A
Expenditure - Governance N/A N/A N/A £85.93k £83.95k
Expenditure - Grants institution N/A N/A N/A £0 £0
Expenditure - Investment management N/A N/A N/A £0 £0
Expenditure - Other N/A N/A N/A £0 £41.14k

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.

" role="img"> Text alternative for this canvas graphic is in the data table below.
Asset / Liability 31/03/2004 31/03/2005 31/03/2006 31/03/2007 31/03/2008
Own use assets N/A N/A N/A £16.18k £11.45k
Long-term investments N/A N/A N/A £0 £0
Other assets N/A N/A N/A £1.21m £1.02m
Defined benefit pension scheme asset or liability N/A N/A N/A £0 £0
Total liabilities N/A N/A N/A £466.29k £439.54k

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 2011 Not submitted
Accounts and TAR 31 March 2011 Not submitted
Annual return 31 March 2010 Not submitted
Accounts and TAR 31 March 2010 Not submitted
Annual return 31 March 2009 Not submitted
Accounts and TAR 31 March 2009 Not submitted
Annual return 31 March 2008 02 February 2009 2 days late
Accounts and TAR 31 March 2008 02 February 2009 2 days late

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 17 JULY 1995 AS AMENDED BY SPECIAL RESOLUTIONS DATED 14 NOVEMBER 1996, 19 FEBRUARY 1998 AND 25 JANUARY 2001

Charitable objects

TO PROMOTE AND ADVANCE PRINCIPALLY WITHIN WALES BY EDUCATION AND TRAINING OF THOSE EMPLOYED IN INDUSTRY AND COMMERCE, WHETHER OR NOT MEMBERS OF THE COMPANY, THE ADOPTION OF PRACTICES WHICH WILL HAVE A BENEFICIAL EFFECT ON THE ENVIRONMENT.

Area of benefit

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

WALES