MANCHESTER CITY F.C. CITY IN THE COMMUNITY FOUNDATION
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net surplus of £10,809 for the year ended 31 August 2024, with total income of £4,383,995 and total expenditure of £4,373,186. Per the trustees' report, unrestricted reserves stood at £2,142,429, which is below the charity's stated prudent target of six months' operating expenses (c.£2,186,593). The trustees noted uncertainty regarding the confirmation of long-term Premier League funding and the impact of rising living wage costs, but concluded that adequate resources exist for the foreseeable future.
What the accounts disclose
“Three employees received emoluments for the period in excess of £60,000” — page 65
“Our total current unrestricted funds are £2,142,429, the minimum reserve amount of 6 months operating cost equates to c£2,186,593” — page 22
“Based on the guidance of the Charity Commission, another financial challenge that is worth noting is the level of reserves held by the charity, recent guidance recommends charities work towards a desire of 6 months' salary costs in reserves which is an increase from our current level of reserves held.” — page 25
“One of the Trustees, Kevin Parker is the General Secretary of the Manchester City Official Supporters Clubs, which have made donations to the charity in this period, of £18,318 (2023- £18,218).” — page 72
“The Charity has a wholly owned subsidiary, Manchester City F.C. CITC Foundation Trading Company Limited.” — page 8
Year-over-year changes
- Employees paid over £60,000: 0 (FY2023) → 3 (FY2024).
- Going concern: no going-concern doubt (FY2023) → going-concern doubt noted (FY2024).
Structured financials (annual return, FY ending 31/08/2025)
Register events
- Received assets from another charity (21/03/2012)
Trustees
- Gary William Tipperchair
- Carolyn Anne MacNab
- Chinedum Onuoha
- Clare Roberts
- DANNY WILSON
- KEVIN BARRY PARKER
- ROBERT KEVIN BALLANTINE
- SARA MARIA TODD
- SIMON RICHARD CLIFF
- STEVEN OLIVER
- Thomas Nissim Pitchon
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £4.3m | £4.1m |
| 31/08/2024 | £4.4m | £4.4m |
| 31/08/2023 | £4.7m | £4.1m |
| 31/08/2022 | £3.8m | £3.3m |
| 31/08/2021 | £3.4m | £2.9m |
Common questions
Is MANCHESTER CITY F.C. CITY IN THE COMMUNITY FOUNDATION financially healthy?
The accounts state that the charity reported a net surplus of £10,809 for the year ended 31 August 2024, with total income of £4,383,995 and total expenditure of £4,373,186. Per the trustees' report, unrestricted reserves stood at £2,142,429, which is below the charity's stated prudent target of six months' operating expenses (c.£2,186,593). The trustees noted uncertainty regarding the confirmation of long-term Premier League funding and the impact of rising living wage costs, but concluded that adequate resources exist for the foreseeable future. Its FY2024 accounts were audited by BDO LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE FRANK JACKSON FOUNDATION | 1 | £85k |
| THE PARGITER TRUST | 1 | £80k |
| ST EDMUNDS TRUST | 1 | £21k |
| THE FRANCIS WINHAM FOUNDATION | 1 | £10k |
| PAUL AND LOUISE COOKE ENDOWMENT | 1 | £5k |
| THE LESLIE MARY CARTER CHARITABLE TRUST | 1 | £5k |
| THE AIM FOUNDATION | 1 | £3k |
| THE D C TRUST | 1 | £2k |