Finance Score: 0
Governance Score: 3
Support Score: 10
  • Low unrestricted reserves: -2
  • Strong growth: +2
  • Gender balanced board: +3
  • Overall weighted support: +10
Overall GiG Score: 13 ?

FUSION HEALTH AND WELL BEING

To promote and encourage health related activities to the community using amateur sport and recreation.
Analysis by Giving is Great

Positives:

  • The charity has received backing from several prominent grant makers recently
  • There has been strong growth in spending over the last 5 years
  • There have been no material income shortfalls in recent years
  • The Board appears to be well diversified in terms of gender

Regulatory & Governance issues to consider:

  • This charity is not recognised by HMRC for Gift Aid according to its latest published return

Financial issues to consider:

  • Unrestricted reserves appear to be dangerously low at the latest year end

Financial Data ?

Income & Spending ?
Sources of Income ?
Y/E Income
£k
Spending
£k
Surplus/
Deficit £k
Fundraising
Cost £k
Total
Funds £k
Unrestricted
Funds £k
Mths
Rsrvs
Staff Volun-
teers
31/08/23£901£245£657£0£933£371.885
31/08/22£233£165£69n/an/an/an/an/an/a
31/08/21£277£130£148n/an/an/an/an/an/a
31/08/20£126£98£27n/an/an/an/an/an/a
31/08/19£146£144£2n/an/an/an/an/an/a
31/08/18£63£50£13n/an/an/an/an/an/a
31/08/17£54£47£6n/an/an/an/an/an/a
31/08/16£37£38£0n/an/an/an/an/an/a
31/08/15£41£25£16n/an/an/an/an/an/a
31/08/14£3£3£1n/an/an/an/an/an/a

Financial Ratios
Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Highest pay band: Less than £60,000
Liabilities/Assets: 3%
Liabilities/Income: 4%
Unrestricted Funds/Total Funds: 4%
Reserves/Spending: 1.8 months
Net Current Assets/Spending: 23 months
Quick Ratio: 36.5
Asset Split ?
Balance Sheet History
Established: 11 years

www.fusioncentre.co.uk

info@fusioncentre.co.uk

01472 287988

Charity Commission for England and Wales
UN SDGs
?
Listed activities
  • Amateur Sport
  • Recreation
GiG Classification
  • Community sports activities
How it operates
  • Provides buildings/facilities/open space
  • Provides services
Where it operates
  • North East Lincolnshire,
Who it helps
  • Children/Young People
  • Elderly/Old People
  • People With Disabilities
  • The General Public/Mankind

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.

Major supporters in last 5 years
National Lottery Community Fund£253,880
Garfield Weston Foundation£60,000
The Clothworkers Foundation£50,000
Sport England£40,900
Postcode Neighbourhood Trust£20,000
Specific Donations
Amount When
Months
To be used for
Postcode Neighbourhood Trust - Unrestricted Funding
£20,000 01/11/2023
Funding purchased a minibus, which is utilised by people of all ages in our community and removes barriers to participation in sports.
National Lottery Community Fund - All Inclusive Boxing
£8,340 11/08/2023
The funding will be used to continue running an inclusive boxing group for people with learning difficulties. This aims to reduce isolation and improve mental and physical health.
The Clothworkers Foundation - Grant to Fusion Health and Well Being
£50,000 19/10/2022
Construction of building for a charity which works with disadvantaged young people in Grimsby
Garfield Weston Foundation - Multi-Year Grant (2 Years) award - COVID19 response
£30,000 07/10/2022
24
Weston Youth Grant
Sport England - Jubilee Fund - Mobile community BoxFit and Boxing
£10,000 31/05/2022
This project will take the organisation's popular Boxing and BoxFit programmes out into the wider community to deprived area of Immingham, Cleethorpes and Grimsby. The funding would allow additional coaching staff who could provide the service, ....more
National Lottery Community Fund - Fusion Community Project
£190,648 24/03/2022
The funding will help to deliver the Fusion community project which will provide activities for people of all ages in Grimsby North East Lincolnshire (NEL) bringing people together building intergenerational relationships reducing inactivity and ....more
Garfield Weston Foundation - Multi-Year Grant (2 Years) award - COVID19 response
£30,000 29/10/2021
24
Weston Youth Grant
National Lottery Community Fund - Community Inclusion
£9,982 14/05/2021
The funding will be used to support children with special educational needs or a disability through arts-based sports-based and technology-based activities. The project will increase opportunities reduce isolation empower children and improve their ....more
Sport England - COVID19 Return to Play
£9,700 07/01/2021
5
Funding under Sport England's Return to Play - Small Grants funding programme for a Revenue project titled COVID19 Return to Play. This project lists its main activity as Multi Sports
Sport England - Extension to frontage of boxing club
£21,200 10/11/2020
14
Funding under Sport England's Community Asset Fund funding programme for a Capital project titled Extension to frontage of boxing club. This project lists its main activity as Multi Sports
National Lottery Community Fund - Fusion Community Hub Development
£35,980 19/03/2020
11
The funding will enable Fusion to invest in the long-term future of their new Community Hub to help it meet community needs. The funding will be used to offer more health and well-being activities that do not have a sports focus such as Dad and Lads ....more
National Lottery Community Fund - Fusion 'Pop up' Boxing
£8,930 24/01/2020
11
The funding will be used to provide 'pop-up' boxing sessions to young people at risk of potential criminal exploitation and anti-social behaviour. The aim is to improve young people's life chances and reduce levels of anti-social behaviour around ....more
Sport England - Community Boxing Project
£5,063 27/06/2019
11
Funding under Sport England's Small Grants funding programme for a Revenue project titled Community Boxing Project . This project lists its main activity as Boxing
National Lottery Community Fund - The Fusion Commuity Hub
£9,820 25/10/2018
12
The group will create a community hub within their building which will be used by the local community for events and activities.
Sport England - Refurbishment of Facility
£63,000 16/11/2017
6
Funding under Sport England's Community Asset Fund funding programme for a Capital project titled 'Refurbishment of Facility'. This project lists its main activity as Multi Sports. This funding has contributed towards a Boxing - Boxing (Gym)
Sport England - Refurbishment of Facility
£63,000 16/11/2017
5
Funding under Sport England's Community Asset Fund funding programme for a Capital project titled Refurbishment of Facility. This project lists its main activity as Multi Sports
DCMS - ALB-Refurbishment of Facility
£63,000 16/11/2017
[Placeholder]
National Lottery Community Fund - Community Open Gym
£9,278 10/05/2017
12
The funding will be used to make improvements to their open gym for the use of the whole community. The project aims to provide people with an accessible gym facility in order to improve health and fitness.
Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (7)
Current Trustees appointed
Gender Split
Based on 6/7 persons

  • ADAM JOHNSTON Appointed: 2016
  • BARRY FLINT Appointed: 2023
  • CHARLOTTE WELCH Appointed: 2018
  • CORNIELIUS KNIGHT Appointed: 2020
  • DEBRA SCOTTER Appointed: 2013
  • MARK CULLUM (Chair) Appointed: 2022
  • SANDRA SNELL Appointed: 2013
Legal constitution
  • Charity registered in England & Wales on 13/08/2013, number: 1153370
Gift Aid
  • NOT registered with HMRC for Gift Aid
Policies in force
  • Bullying and harassment policy and procedures
  • Complaints policy and procedures
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • 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
  • Trustee expenses policy and procedures
Filing Record
10 returns made; all on time
Main office

The Fusion Centre
Ladysmith Road
GRIMSBY
DN32 9SW

Objectives

THE PROMOTION OF COMMUNITY PARTICIPATION IN HEALTHY RECREATION, IN PARTICULAR BY THE PROVISION OF FACILITIES FOR COMMUNITY AMATEUR BOXING.

Data Sources

Charity Commission for England and Wales
360 Giving

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