THE OLD ALBANIAN SPORTS ASSOCIATION LIMITED

Registered charity 1107746 · accounts filings on the Charity Commission register · also known as OLD ALBANIAN SPORTS ASSOCIATION LIMITED, OLD ALBANIAN SPORTS ASSOCIATION LIMITED - CONVERSION TO A CHARITABLE CO LIMITED BY GUARANTEE

The promotion of community participation in healthy recreation in particular the provision of facilities for members of the public to engage in team sports, athletics, fitness training and other forms of physical recreation. To advance the physical development of persons attending educational establishments in St. Albans and surrounding areas, with a view to improving their conditions of life.

Causes: Education/training · Amateur Sport · website · Get email alerts

Latest income
£1.1m
Latest spending
£1.4m
Registered
2005
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity incurred a net expenditure of £217,686, resulting in total unrestricted funds of £4,223,886. The trustees acknowledge ongoing challenges regarding going concern due to the cost of living crisis impacting hospitality trading, but maintain that adequate resources exist to continue operations. The charity's reserves policy targets three to six months of expenditure, a level the trustees confirm has not been maintained.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy (held: £4.2m; policy: three to six months of expenditure)
“This level of reserves has not been maintained throughout the period and this remains a longer term target”
Per its FY2025 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“Nevertheless, the trustees recognise the existence of ongoing challenges regarding going concern, yet remain confident that the going concern basis remains appropriate”
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Old Albanian Sports Club Limited
“The wholly owned trading subsidiary Old Albanian Sports Club limited (OASC), which is incorporated in the United Kingdom, donates all of its taxable profits to the charity.” — page 21
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Rayner Essex LLP. Discloses 5 of 6 completeness components.

Year-over-year changes

Comparing this charity’s FY2024 and FY2025 accounts as analysed by this site.

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/03/2025)

Total income
£1.1m
Total spending
£1.4m
Reserves (reported)
£4.2m
Employees
30

Reported reserves equal ~37.5 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Other trading activities (66% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Hertfordshire

Income and spending

Financial year endIncomeSpending
31/03/2025£1.1m£1.4m
31/03/2024£1.0m£1.3m
31/03/2023£1.0m£1.2m
31/03/2022£845k£1.0m
31/03/2021£547k£650k

Common questions

Is THE OLD ALBANIAN SPORTS ASSOCIATION LIMITED financially healthy?

Per its FY2025 accounts: The accounts state that the charity incurred a net expenditure of £217,686, resulting in total unrestricted funds of £4,223,886. The trustees acknowledge ongoing challenges regarding going concern due to the cost of living crisis impacting hospitality trading, but maintain that adequate resources exist to continue operations. The charity's reserves policy targets three to six months of expenditure, a level the trustees confirm has not been maintained. Its FY2025 accounts were audited by Rayner Essex LLP.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with HENDRED SPORTS CLUB.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE OLD ALBANIAN SPORTS ASSOCIATION LIMITED£1.1m—0below—noted
HENDRED SPORTS CLUB FY2025£214k—0below—no doubt
CLUB DONCASTER COMMUNITY SPORTS & EDUCATION FOUNDATION FY2025£2.0m——unclear—no doubt
MILTON KEYNES DONS FOOTBALL CLUB SPORTS & EDUCATION TRUST FY2025£3.9m—0below—no doubt
The Sports Trust FY2025£1.4m£70,001 - £80,000—below—no doubt
BOLTON WANDERERS COMMUNITY TRUST FY2025£1.5m—0below6.1%no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.