291 COMMUNITY ASSOCIATION CIO
The object of the charity is to provide facilities for recreation and other leisure-time occupation in the interests of social welfare for the public in general including, but not exclusively, residents of the borough of Sandwell, principally in the area of West Bromwich.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £3,646 for the year ended 31 December 2025, resulting in a decrease in total net assets to £115,615. The trustees note that the charity is dependent on grants to cover staff costs and requires continued funding to maintain stability. Unrestricted reserves stood at £39,754, which the trustees consider below their stated policy target of six months' expenditure.
What the accounts disclose
“National Lottery Community 44,799” — page 11
“Our reserves policy requires us to maintain six months expenditure.” — page 4
“We need grants to cover the staff cost of the 291 Creative Hub. We are grateful to the National Lottery as the grant for three years has given us stability which will allow us over time to rebuild our reserves and continue with our aims into the future.” — page 4
Funders the charity credits
- National Lottery Communities Fund
- Veolia
- All Churches Trust
- Heart of England
- National Lottery Reaching Communities Fund
- England Sports
- Albert Hunt Trust
- Eveson Trust
- Aviva
- West Brom Building Society Foundation
- Rank Foundation Peebles Grant
- E&D Cadbury
- Grimmett Trust
- Leeds Building Society
- Beatrice Laing Trust
Trustees
- DEREK HOWARD PERCIVALchair
- ALEX DAVID JAMES COOKSEY
- Bronwen Still
- Rev Carole Judith Holden
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £74k | £78k |
| 31/12/2024 | £78k | £64k |
| 31/12/2023 | £72k | £58k |
| 31/12/2022 | £59k | £48k |
| 31/12/2021 | £74k | £45k |
Common questions
Is 291 COMMUNITY ASSOCIATION CIO financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £3,646 for the year ended 31 December 2025, resulting in a decrease in total net assets to £115,615. The trustees note that the charity is dependent on grants to cover staff costs and requires continued funding to maintain stability. Unrestricted reserves stood at £39,754, which the trustees consider below their stated policy target of six months' expenditure. Its FY2025 accounts were independently examined.
Who funds 291 COMMUNITY ASSOCIATION CIO?
Funders whose own accounts filings name 291 COMMUNITY ASSOCIATION CIO as a grant recipient include THE MICHAEL MARSH CHARITABLE TRUST, THE EDWARD AND DOROTHY CADBURY TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE MICHAEL MARSH CHARITABLE TRUST | FY2025 | £2k | |
| THE MICHAEL MARSH CHARITABLE TRUST | FY2022 | £2k | |
| THE EDWARD AND DOROTHY CADBURY TRUST | FY2022 | £1k | Community, Inclusion and Engagement |
| THE EDWARD AND DOROTHY CADBURY TRUST | FY2023 | £1k | Community Projects and Engagement |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 25/04/2024 | £140k | 291 Creative Hub |
| The National Lottery Community Fund | 25/03/2021 | £159k | core project |
| The National Lottery Community Fund | 27/11/2020 | £15k | COVID Funding Extension |
| Sport England | 24/06/2020 | £1k | COVID-19 CEF |
| The National Lottery Community Fund | 28/05/2020 | £15k | COVID 291 |