CIRCLE COMMUNITY LTD
We work with disadvantaged unemployed young people aged 18-24 years (NEETs). We deliver a 5 week training programme which is supplemented with structured work experience in the supportive retail environment of our Circle Collective streetwear & vintage stores in Hackney, Lewisham and Canary Wharf. We then support the young people into jobs through our networks of corporate and local partnerships
Financial health, per its FY2025 accounts
The accounts state that the charity reported a surplus of £30,990 for the year ended 31 March 2025, with total income of £573,020 against expenditure of £542,030. Per the trustees' report, unrestricted reserves stood at £33,559, which is below the stated policy target band of £135,500 to £271,000. The charity maintains total cash on hand of £220,709 and confirms it is prepared on a going concern basis.
What the accounts disclose
“The target band of cash on hand is to be between three and six months of Operating costs. This will be maintained in a realisable form – a bank account without access restrictions. For 2024/25 this band was calculated as £135.5k - £271.0k.” — page 11
“Circle Sports C.I.C. is the trading element of the charity which is a commercial shop used to generate funds and also train our beneficiaries.” — page 28
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Denis Denisov
- JOHN JOSEPH MONTAGUE
- MICHAEL GERRARD
- REBECCA MARGARET BUTLER
- Robert Coe
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £573k | £542k |
| 31/03/2024 | £407k | £494k |
| 31/03/2023 | £451k | £487k |
| 31/03/2022 | £466k | £442k |
| 31/03/2021 | £369k | £321k |
Common questions
Is CIRCLE COMMUNITY LTD financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a surplus of £30,990 for the year ended 31 March 2025, with total income of £573,020 against expenditure of £542,030. Per the trustees' report, unrestricted reserves stood at £33,559, which is below the stated policy target band of £135,500 to £271,000. The charity maintains total cash on hand of £220,709 and confirms it is prepared on a going concern basis. Its FY2025 accounts were independently examined.
Who funds CIRCLE COMMUNITY LTD?
Funders whose own accounts filings name CIRCLE COMMUNITY LTD as a grant recipient include GARFIELD WESTON FOUNDATION, EAST END COMMUNITY FOUNDATION, THE FORRESTER FAMILY TRUST, INNER LONDON MAGISTRATES COURT POOR BOX, THE GROCERS' CHARITY.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| GARFIELD WESTON FOUNDATION | FY2024 | £200k | Youth |
| EAST END COMMUNITY FOUNDATION | FY2025 | £32k | Skills and employment project for young people |
| EAST END COMMUNITY FOUNDATION | FY2024 | £31k | Skills and Employment for Young People |
| THE FORRESTER FAMILY TRUST | FY2024 | £15k | Theme of the Year |
| INNER LONDON MAGISTRATES COURT POOR BOX | FY2023 | £8k | |
| THE GROCERS' CHARITY | FY2025 | £5k | Youth |
| SALTERS' CHARITABLE FOUNDATION | FY2024 | £3k | Relief of Need - Community |
| THE EDGAR E LAWLEY FOUNDATION | FY2024 | £2k | |
| THE CYRIL AND EVE JUMBO CHARITABLE TRUST | FY2022 | £1k | |
| SALTERS' CHARITABLE FOUNDATION | FY2022 | £750 | Relief of Need - Community |
| THE CYRIL AND EVE JUMBO CHARITABLE TRUST | FY2023 | £0 |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 06/02/2025 | £20k | Circle Community Entry Level Jobs Hub |
| Greater London Authority | 01/01/2020 | £73k | Circle Collective |
| The National Lottery Community Fund | 12/12/2019 | £323k | Back Your Future |
| Greater London Authority | 02/01/2019 | £149k | Young Londoners Fund |
| The National Lottery Community Fund | 09/03/2016 | £9k | Security System & IT Equipment |