ALBERT'S OF SALFORD CIO
The promotion of community participation in healthy recreation for the benefit of the inhabitants of Salford and the surrounding areas by the provision of facilities for playing, in particular but not exclusively, football.
Financial health, per its FY2025 accounts
The accounts state that the charity generated a net income of £111,539 against expenditure of £115,093, resulting in a surplus for the year. Unrestricted reserves stood at £148,996, which the trustees consider sufficient to meet their policy target of approximately six months of charitable expenditure. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The trustees aim to maintain free reserves in unrestricted funds at a level which equates to approximately six months of charitable expenditure.” — page 4
Property (HM Land Registry)
Trustees
- Belay Kahsay
- Damon Lee Montgomery
- David William Morgan
- Joyce Victoria Lyamuya
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 28/04/2025 | £227k | £115k |
| 28/04/2024 | £86k | £80k |
| 28/04/2023 | £96k | £89k |
| 28/04/2022 | £80k | £87k |
| 28/04/2021 | £69k | £51k |
Common questions
Is ALBERT'S OF SALFORD CIO financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated a net income of £111,539 against expenditure of £115,093, resulting in a surplus for the year. Unrestricted reserves stood at £148,996, which the trustees consider sufficient to meet their policy target of approximately six months of charitable expenditure. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.
Who funds ALBERT'S OF SALFORD CIO?
Funders whose own accounts filings name ALBERT'S OF SALFORD CIO as a grant recipient include THE BOOTH CHARITIES.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE BOOTH CHARITIES | FY2024 | £30k | Recreation and leisure |