Fusion Lifestyle

Analysis

Fusion Lifestyle is a registered charity in England and Wales, based in London. It was registered in January 2005, 21 years ago. Its declared purposes cover amateur sport and recreation, which this site groups under amateur sport and recreation. Legally it is a charitable company (Companies House number 05324416). It says it provides buildings/facilities/open space, provides services and provides advocacy/advice/information.

In the financial year ending December 2022, Fusion Lifestyle reported income of £5.1m and spending of £58.0m, spending 1142% of what it took in. Across the 3 years on record, from December 2020 to December 2022, income fell from £48.7m to £5.1m (-90%), an average of -68% a year. The sharpest change came in the year to December 2022, when income dropped by 88%. Over the whole period it spent 173% of the income it received.

Among 12,174 England and Wales charities whose main cause is amateur sport and recreation and that reported income, Fusion Lifestyle sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in England and Wales with reported income it ranks in the 98th percentile. Charities of a similar size with the same main cause include British Dressage (£5.0m), St Neots (Eversley) Limited (£5.2m) and Football Beyond Borders (£4.9m).

In its latest detailed accounts, income came from charitable activities 100%. Charitable activities took 100% of spending and raising funds 0.0%. It employed 1,865 people.

Data notes from the register: The regulator lists this charity as in double default: it has missed the deadline for its annual return or accounts in two or more successive years. The register marks this charity as insolvent.