Colchester: Colchester United Community Sports Trust ceases trading
- Credit: Archant
A COMMUNITY sports trust which is affiliated with Colchester United Football Club has folded, it was announced today.
Colchester United Community Sports Trust (CUCST) - with projects including Creative Partnerships, Playing for Success and the Imagine Centre - has ceased trading with immediate effect.
A statement released by the trust said all of its activities at Shrub End and other venues would be affected and all staff had been made redundant.
It said the trust had faced funding issues due to the recession.
The trust had been in the process of trying to attract new funding opportunities, “but this has not proved sufficient to prevent the trust from ceasing to trade,” it said.
Linda Bamford, chair of the trustees, said it was “so very sad” they had to close the trust, adding in the past few months they had explored every avenue to try to keep it going.
This has included moving out of the Weston Homes Community Stadium last December, reviewing all its activities and staffing levels to meet its budget and talks with other parties about partnerships or merges, she said.
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Ms Bamford said: “It is our fervent wish that someone else will, in the future, pick up the baton and continue this valuable work serving the Colchester community.”
The trust was founded from a department of Colchester United, but had run under its own governance since 2001.
Colchester United FC said: “The club remain committed to making a positive contribution to its local community and, in the coming weeks and months, will look at how we can continue to work with – and further develop – the community activities in Colchester and the surrounding areas.”
The directors of Colchester Community Stadium Limited (the Stadium Board) said the Stadium Board remained “confident” of its ability to develop and grow the Community Stadium as a community asset.