Club Capital

Club Capital is a social impact investment fund, backed by British Gymnastics, Sport England, Big Society Capital and the Bank Workers' Charity, and is the first of its kind to focus specifically on gymnastics.
Investors

Corsham Gymnastics Academy

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Corsham Gymnastics Academy

Corsham Gymnastics Academy (CGA) is an established gymnastics club based in Wiltshire. The club offers programmes that are inclusive to all from baby gym, pre-school, recreational and disability gymnastics which provide the opportunity for everyone to learn gymnastics.

Duration
5 Years
Cost of capital
4%
Turnover
£419,000
Amount invested
£173,000
Product type
Secured loan

Impact

Impact refers to creating change, which can be positive or negative and either intended or unintended. For charities or social enterprises, it’s about understanding how to effectively help their target community through planning the desired outcomes of their services, doing by collecting the right information to know if they’re achieving their goals, assessing what impact they’re having and learning from the results to improve their work.

Theory of Change

A process for thinking about an organisation or project’s ‘story’ a theory of change is a great way to clearly articulate the social impact you want to deliver. It encourages developing a clear plan for how to help to address a social need in your community and how change happens in the short, medium and long term. Theory of change is often associated with some sort of visual map but could also be set out as a set of tables or charts.

Contract

A contract is an agreement that specifies certain legally enforceable rights that obligations to two or more parties. A contract typically involves the transfer or delivery of good, services or, money.

Payment by results

Payment by results refers to a programme where payments are made after the achievement of pre-agreed results, rather than being made up front to fund future activities. These can sometimes take for of Social Outcomes Contract.