THE HIVE FOUNDATION
Promote community participation in healthy recreationProvide & assist in providing facilities for sportAdvance the education of children
Financial health, per its FY2025 accounts
The accounts state that the charity made an overall deficit for the year, resulting in unrestricted funds falling to a negative balance of £44,850. The trustees confirm that there are no material uncertainties regarding the charity's ability to continue as a going concern, citing adequate resources for the foreseeable future. Despite the deficit, the trustees deem the current reserves level sufficient against their policy target.
What the accounts disclose
“The main income streams during the year have been the Premier League funding, together with ongoing income from coaching.” — page 6
“The charity intends to build up reserves sufficient to cover three months of expenditure, the current reserves level is deemed to be sufficient.” — page 6
“Included in creditors, falling due within one years, is an amount of £24,007 (2024: 6,251) due to the connected companies.” — page 15
“During the year, the company was charged rent of £12,000 (2024: £12,000) from The Hive London Estates Ltd.” — page 15
“Included in creditors, falling due within one years, is an amount of £24,007 (2024: 6,251) due to the connected companies.” — page 15
“During the year, the company was charged rent of £12,000 (2024: £12,000) from The Hive London Estates Ltd.” — page 15
Trustees
- ANTHONY KLEANTHOUSchair
- David O'Farrell
- Natasha A V Kleanthous
- Panayi Georgiou
- Paul Reece
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £98k | £124k |
| 30/06/2024 | £98k | £124k |
| 30/06/2023 | £136k | £135k |
| 30/06/2022 | £169k | £213k |
| 30/06/2021 | £231k | £324k |
Common questions
Is THE HIVE FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity made an overall deficit for the year, resulting in unrestricted funds falling to a negative balance of £44,850. The trustees confirm that there are no material uncertainties regarding the charity's ability to continue as a going concern, citing adequate resources for the foreseeable future. Despite the deficit, the trustees deem the current reserves level sufficient against their policy target. Its FY2025 accounts were independently examined.
Who funds THE HIVE FOUNDATION?
Funders whose own accounts filings name THE HIVE FOUNDATION as a grant recipient include YOUNG HARROW FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| YOUNG HARROW FOUNDATION | FY2024 | £6k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Sport England | 27/05/2020 | £9k | COVID-19 CEF |