Sheffield Hatters — Investor Profile
Women's · Super League Basketball
- Turnover
- £47,202 gross incoming resources (FY ending 31 May 2025) Audited
- Operating result
- Net deficit of £19,342 (expenditure £66,544) (FY2025) Audited
- Net equity
- Total reserves £30,468 (£917 operational current account, £29,551 restricted league operating reserve) Audited
Legal entity
City of Sheffield Hatters Basketball Club — unincorporated registered charity, No. 1122247
Owner / backer
Volunteer Board of Trustees; founded by the late Betty Codona OBE, continued by daughters Loraine and Vanessa Codona — no corporate parent or private equity backing
Ownership concentration
Distributed among volunteer trustees; no dominant individual owner.
Venue
Canon Medical Arena, Sheffield Olympic Legacy Park — leases court time per-fixture/per-session from facility operator Park Community Arena Ltd; owns no real estate.
Venue risk
No venue ownership — fully dependent on per-session hire arrangements.
Risk classification
“Self-funded community charity — revenue from subscriptions (£27,330), sponsorship (£20,000, title partner B. Braun), and fundraising (£8,221). Receipts have fallen sharply: £96,410 (FY2023) → £65,910 (FY2024) → £47,202 (FY2025).”
Notes
A previous private company, Sheffield Hatters Ltd, was dissolved via voluntary strike-off in July 2021, leaving the charity as the sole operating vehicle.
Compiled: 2026-09-14