RACKETS CUBED
Rackets Cubed is a national charity committed to transforming the lives of underserved young people in the UK's most deprived communities. Our goal is to empower children to overcome educational barriers, build academic confidence, and develop the resilience needed to thrive.We run Community Partnership Hubs offering integrated Rackets Sports, Tennis, Education (Maths) and Nutrition support.
Objects
TO ACT AS A RESOURCE FOR YOUNG PEOPLE OF SCHOOL AGE LIVING IN ENGLAND BY PROVIDING ADVICE AND ASSISTANCE AND ORGANISING PROGRAMMES OF PHYSICAL, EDUCATIONAL AND OTHER ACTIVITIES AS A MEANS OF ADVANCING IN LIFE AND HELPING YOUNG PEOPLE BY DEVELOPING THEIR SKILLS, CAPACITIES AND CAPABILITIES TO ENABLE THEM TO PARTICIPATE IN SOCIETY AS INDEPENDENT, MATURE AND RESPONSIBLE INDIVIDUALS AND ADVANCING EDUCATION.
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds increased to £163,539, while the charity holds total net assets of £233,171. The trustees' report indicates a reserves policy of retaining three to six months of expected operating expenditure, and the current unrestricted balance appears sufficient to meet this target. The charity reports no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“No employees received emoluments in excess of £60,000.” — page 30
“We seek to retain general unrestricted funds of between three and six months of expected operating expenditure for the following year.”
Policies the charity declares
- 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
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2025
- Volunteers: 50
- Government income: £25,000 — grants £25,000 (1); 4% of the £620,188 total gross income on the same return
Self-declared on the annual return for the financial year ending 31/03/2024
- Volunteers: 50
- Government income: £17,500 — grants £17,500 (2); 3% of the £550,396 total gross income on the same return
Self-declared on the annual return for the financial year ending 31/03/2023
- Volunteers: 50
- Government income: £9,000 — grants £9,000 (1); 2% of the £422,168 total gross income on the same return
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- MICHAEL IAN HILLchair
- Bruce Layland Walker
- CAVIN JOHN O'DRISCOLL
- Emma Lewis
- Kathryn Bartram
- MICHAEL HOLLAND
- Richard Andrew Ford
- Sheila Forster
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £620k | £529k |
| 31/03/2024 | £550k | £538k |
| 31/03/2023 | £422k | £421k |
| 31/03/2022 | £289k | £288k |
| 31/03/2021 | £208k | £190k |
Common questions
Is RACKETS CUBED financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds increased to £163,539, while the charity holds total net assets of £233,171. The trustees' report indicates a reserves policy of retaining three to six months of expected operating expenditure, and the current unrestricted balance appears sufficient to meet this target. The charity reports no material uncertainties regarding its ability to continue as a going concern. Its FY2025 accounts were independently examined.
What does the highest-paid employee of RACKETS CUBED earn?
Per its FY2025 accounts, the highest-paid employee was in the Under £60,000 band.
Who funds RACKETS CUBED?
Funders whose own accounts filings name RACKETS CUBED as a grant recipient include THE HARGREAVES FOUNDATION, PHILIP KING CHARITABLE TRUST, THE CHILDHOOD TRUST, BIRMINGHAM VOLUNTARY SERVICE COUNCIL, THE HULL AND EAST RIDING CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE HARGREAVES FOUNDATION | FY2025 | £16k | |
| PHILIP KING CHARITABLE TRUST | FY2022 | £10k | Squash outreach programmes in London |
| THE CHILDHOOD TRUST | FY2025 | £4k | |
| BIRMINGHAM VOLUNTARY SERVICE COUNCIL | FY2021 | £3k | Grant |
| THE HULL AND EAST RIDING CHARITABLE TRUST | FY2022 | £300 |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Sport England | 27/08/2025 | £12k | Rackets Cubed Manchester: Sport, STEM and Nutrition |
| The National Lottery Community Fund | 05/12/2024 | £351k | Roehampton Community Partnership Hub - Activity; Nutrition and Education Support |
| Sport England | 27/02/2023 | £350k | Sector Renewal Fund: Expansion of Integrated Sports, Education & Nutrition Progammes |
| The National Lottery Community Fund | 14/01/2022 | £150k | Wandsworth Rackets Cubed |
| Sport England | 03/12/2021 | £100k | Sector Renewal Fund: Expansion of Integrated Sports, Education and NutritionProgram |
| UK government | 05/10/2020 | £50k | Coronavirus Community Support Fund |
| Sport England | 27/03/2019 | £10k | London Cubed |
| The National Lottery Community Fund | 18/01/2019 | £10k | Alton Cubed |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| HAMPTON FUEL ALLOTMENT | 1 | £79k |
| SOCIETY OF THE HOLY CHILD JESUS CIO | 1 | £25k |
| ORDINARY 2 EXTRAORDINARY | 1 | £24k |
| SISTERS OF THE HOLY CROSS CIO | 1 | £20k |
| Richmond Foundation | 1 | £12k |
| THE NATIONAL FOUNDATION FOR YOUTH MUSIC | 1 | £8k |
| ST OLAVE'S & ST SAVIOUR'S SCHOOLS FOUNDATION CIO | 1 | £5k |
| SIR WILLIAM BOREMAN'S FOUNDATION | 1 | £5k |
Charities like this
- KIDS
- Uncurbed Collective
- FAIRBEATS MUSIC
- 1ST RUDGWICK GROUP
- RAINBOWS BEREAVEMENT SUPPORT GB
- CAREDUCATION TRUST LTD
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| RACKETS CUBED | £620k | Under £60,000 | 0 | unclear | — | no doubt |
| KIDS | £9.4m | — | — | unclear | — | no doubt |
| Uncurbed Collective | £270k | not applicable | 0 | unclear | — | no doubt |
| FAIRBEATS MUSIC | £131k | — | 0 | unclear | — | no doubt |
| 1ST RUDGWICK GROUP | £28k | — | 0 | above | — | no doubt |
| RAINBOWS BEREAVEMENT SUPPORT GB | £93k | — | 0 | unclear | — | no doubt |