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Fusion Lifestyle Ltd.

4 Bickels Yard
151-153 Bermondsey Street, London, SE1 3HA

Tel: 020 7740 7500

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Corporate Info

Fusion Lifestyle is an independent registered charity whose primary objectives are to provide sport and active leisure facilities and services in the interests of social and physical welfare.

This means that all our incoming resources are used to improve and develop all our facilities and activities.  We believe that everyone in the community deserves top quality services at affordable prices.

Our Board of Trustees is voluntary and consists of individuals with corporate skills and an interest in our work, together with stakeholders from various groups and communities.

This means that we have balanced representation and strong community focus; our board is not dominated by any sector; and we are not owned by anybody, such as employees, shareholders, or private sector organisations.

Since commencing operations in 2000, Fusion has an unbroken record of surplus which has enabled the company to develop a firm asset base and to carry out numerous investments and new business developments.

2009 was another successful year for us, with our strongest financial performance to date, highest turnover and best surplus.

We were delighted to add Oxford City Council as a new partner, and to agree a new partnership with London Borough of Southwark.

2009 saw:

  • Over 7.5 million visits
  • Over 100,000 regular members
  • 950,000 visits by under 19s
  • 750,000 visits by over 60s
  • 400,000 participants on our classes and courses
  • 205,000 school swimming sessions
  • 320,000 swimming lessons
 
SUMMARY INCOME AND EXPENDITURE **
£000
 
 
INCOME
29,596
 
 
EXPENDITURE
(28,240)
 
 
SURPLUS (LOSS) FOR THE YEAR
1,356
 
 
FUNDS BROUGHT FORWARD
3,005
 
 
TOTAL FUNDS CARRIED FORWARD
4,361
 
SUMMARY BALANCE SHEET 31 December 2009**
£000
 
 
FIXED ASSETS
5,108
 
 
CURRENT ASSETS
5,504
 
 
CURRENT LIABILITIES
(3,448)
 
 
TOTAL ASSETS LESS CURRENT LIABILITIES
7,163
 
 
CREDITORS due after more than one year
(2,802)
 
 
NET ASSETS
4,361

**subject to audit

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© Fusion Lifestyle 2010