THE VENTURE TRUST

Charity overview
Activities - how the charity spends its money
Venture Trust helps people, who, because of their life experiences, are marginalised, disadvantaged, chaotic or vulnerable, to recognise what they need to change, then gives them the confidence, motivation and lifeskills they need to make those changes. At the heart of its work, Venture Trust gives people time, space, challenge and intensive personal development support in wilderness settings.
Income and expenditure
Data for financial year ending 31 March 2024
Total income:
£2,341,834
Donations and legacies | £414.20k | |
Charitable activities | £1.90m | |
Other trading activities | £0 | |
Investments | £0 | |
Other | £24.97k |
Total expenditure:
£2,338,496
Raising funds | £61.44k | |
Charitable activities | £2.28m | |
Other | £0 |
£0 investments gains (losses)
Total income includes £1,636,168 from 21 government grant(s)
Charitable expenditure
Charitable expenditure with investment gains
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.
Raising funds and other expenditure | £61.44k | |
Charitable expenditure | £2.28m | |
Retained for future use | £3.34k |
People

48 Employee(s)
12 Trustee(s)
Employees with total benefits over £60,000
Number of employees | |
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£60k to £70k | 1 |
Fundraising
Trading
Trustee payments
What, who, how, where
- Education/training
- Disability
- The Prevention Or Relief Of Poverty
- Economic/community Development/employment
- Armed Forces/emergency Service Efficiency
- Children/young People
- People With Disabilities
- Other Defined Groups
- Provides Services
- Provides Advocacy/advice/information
- Scotland
Governance
- 16 March 1983: Standard registration
- VENTURE TRUST (Working name)
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Volunteer management
Trustees
Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service
12 Trustee(s)
Name | Role | Date of appointment | Other trusteeships | Reporting status of other trusteeships | ||||
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Barry Sillers | Chair | 30 October 2024 |
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Leigh-Ann Plenderleith | Trustee | 30 October 2024 |
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Neil McMillan | Trustee | 30 October 2024 |
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Rachel Marguerite David | Trustee | 30 October 2024 |
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Ross Yuill | Trustee | 30 October 2024 |
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Nicholas Leitch | Trustee | 30 October 2024 |
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William Stephen | Trustee | 23 October 2023 |
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Hugh Robert McGregor | Trustee | 26 February 2019 |
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Jill Ann Roulston | Trustee | 15 December 2018 |
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Catherine Louise Lindsay | Trustee | 27 February 2018 |
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Katy Louise Hetherington | Trustee | 27 February 2018 |
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Alastair Clarkson | Trustee | 28 November 2017 |
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Financial history
Financial period end date
Income / Expenditure | 31/03/2020 | 31/03/2021 | 31/03/2022 | 31/03/2023 | 31/03/2024 | ||
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Total gross income | £2.72m | £2.71m | £2.83m | £2.42m | £2.34m | |
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Total expenditure | £2.85m | £2.62m | £2.71m | £2.73m | £2.34m | |
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Income from government contracts | £275.42k | N/A | £38.16k | £1.26m | N/A | |
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Income from government grants | £1.20m | £1.28m | £1.69m | £415.53k | £1.64m | |
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Income - Donations and legacies | £12.70k | £928.19k | £906.82k | £516.81k | £414.20k | |
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Income - Other trading activities | £25.30k | £0 | £0 | £0 | £0 | |
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Income - Charitable activities | £2.56m | £1.74m | £1.84m | £1.85m | £1.90m | |
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Income - Endowments | £0 | £0 | £0 | £0 | £0 | |
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Income - Investment | £325 | £0 | £68 | £0 | £0 | |
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Income - Other | £121.38k | £43.81k | £87.06k | £48.41k | £24.97k | |
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Income - Legacies | £0 | £0 | £0 | £0 | £0 | |
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Expenditure - Charitable activities | £2.65m | £2.60m | £2.70m | £2.72m | £2.28m | |
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Expenditure - Raising funds | £17.95k | £16.90k | £13.75k | £14.62k | £61.44k | |
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Expenditure - Governance | £13.10k | £31.13k | £20.43k | £19.98k | £18.86k | |
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Expenditure - Grants institution | £0 | £0 | £0 | £0 | £0 | |
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Expenditure - Investment management | £0 | £0 | £0 | £0 | £0 | |
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Expenditure - Other | £185.65k | £0 | £0 | £0 | £0 |
Assets and liabilities
Definitions for assets and liabilities
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 InvestmentsInvestments 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.
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 liabilityThis is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.
Total liabilitiesThese 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.
Asset / Liability | 31/03/2020 | 31/03/2021 | 31/03/2022 | 31/03/2023 | 31/03/2024 | ||
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Own use assets | £233.49k | £130.31k | £109.65k | £117.32k | £84.77k | |
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Long-term investments | £0 | £0 | £2 | £2 | £0 | |
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Other assets | £401.76k | £784.56k | £627.21k | £310.66k | £390.17k | |
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Defined benefit pension scheme asset or liability | £0 | £0 | £0 | £0 | £0 | |
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Total liabilities | £408.03k | £594.88k | £295.87k | £299.55k | £343.18k |
Accounts and annual returns
Title | Reporting year | Date received | Received | Download |
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Annual return | 31 March 2024 | 21 November 2024 | On Time | |
Accounts and TAR | 31 March 2024 | 21 November 2024 | On Time | Download Open in new window |
Annual return | 31 March 2023 | 11 December 2023 | On Time | |
Accounts and TAR | 31 March 2023 | 11 December 2023 | On Time | Download Open in new window |
Annual return | 31 March 2022 | 04 October 2022 | On Time | |
Accounts and TAR | 31 March 2022 | 04 October 2022 | On Time | Download Open in new window |
Annual return | 31 March 2021 | 17 December 2021 | On Time | |
Accounts and TAR | 31 March 2021 | 17 December 2021 | On Time | Download Open in new window |
Annual return | 31 March 2020 | 23 December 2020 | On Time | |
Accounts and TAR | 31 March 2020 | 23 December 2020 | On Time | Download Open in new window |
Governing document
It is not the full text of the charity's governing document.
MEMORANDUM AND ARTICLES INCORPORATED 25/10/1982 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 28/08/2007 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 15/03/2011 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 15 DEC 2017 AS AMENDED BY SPECIAL RESOLUTION REGISTERED AT COMPANIES HOUSE ON 18 MAY 2020 as amended on 14 Dec 2022
Charitable objects
(A) THE ADVANCEMENT OF EDUCATION, THROUGH THE PROVISION OF PROGRAMMES OF PERSONAL AND SOCIAL DEVELOPMENT TO PEOPLE, AGED OVER 16 YEARS, BY THE PARTICIPATION IN COMMUNITY AND OUTDOOR-BASED EDUCATION, ADVENTURE ACTIVITIES AND LEARNING THEREBY ASSISTING IN DEVELOPING THEIR SKILLS, CAPACITIES AND CAPABILITIES TO OVERCOME DISADVANTAGE AND IN THE INTERESTS OF SOCIAL WELFARE (B) TO SUPPORT THE PREVENTION OF OFFENDING AND REHABILITATION OF INDIVIDUALS ADDRESSING THE UNDERLYING CAUSES OF OFFENDING AND ENABLE THEM TO BECOME RESPONSIBLE MEMBERS OF SOCIETY SO THAT THEIR CONDITIONS OF LIFE MAY BE IMPROVED (C) TO ASSIST PEOPLE, AGED OVER 16 YEARS, TO BENEFIT FROM FURTHER TRAINING OR EDUCATION, WORK EXPERIENCE OR TO ENTER EMPLOYMENT (D) TO ASSIST AND ENCOURAGE PEOPLE, AGED 16 AND ABOVE, WHO HAVE NEED BY REASON OF THEIR SOCIAL AND ECONOMIC CIRCUMSTANCES, TO DEVELOP AN ABILITY TO PARTICIPATE IN SOCIETY AS MATURE AND RESPONSIBLE INDIVIDUALS. (E) TO PROMOTE AND CONDUCT RESEARCH INTO PERSONAL AND SOCIAL DEVELOPMENT AND WILDERNESS/OUTDOOR-BASED DEVELOPMENT PROGRAMMES, AND TO IDENTIFY THE DEVELOPMENTAL NEEDS OF PEOPLE AND SOCIAL CONDITIONS AFFECTING PEOPLE AND TO PUBLISH RESULTS AND INSIGHTS (F) TO PROMOTE OR BENEFIT SUCH ONE OR MORE PURPOSES OR INSTITUTIONS AS SHALL FROM TIME TO TIME BE CHARITABLE BY ENGLISH LAW?
Area of benefit
NOT DEFINED
Contact information
- Address:
-
Venture Trust
Unit 6 Block 1
Manor Farm Business Park
Manor Loan
STIRLING
FK9 5QD
- Phone:
- 01312287700
- Email:
- finance@venturetrust.org.uk
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