West Midlands
Investors
UK Regional And National Spotlight: The West Midlands
Blog
Our 'UK regional and national spotlight' campaign focuses on ‘Place’, spotlighting the power of social investment from each and every corner of the UK. Today, we’re spotlighting the West Midlands...
Kidsgrove Sports Centre Community Group
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Kidsgrove Sports Centre Community Group is a CIO set up to save and then re-open Kidsgrove Sports Centre. Following extensive refurbishment the sports centre re-opened in 2022 and is now operated by the charity. Through the charitable community ownership model, every penny spent in the centre gets reinvested. Back into the Centre and back into the community. No shareholders. No profit-making. Just local community facilities for all.
Duration
4.5 Years
Cost of capital
8%
Turnover
£842,000
Investor Details
Sporting Capital
Amount invested
£130,000
Product type
Unsecured loan (incl. overdrafts)
Legal structure
Charitable Incorporated Organisation (CIO) / Charity
The Thrive Together Fund
Funds
Pagination
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