THE SALTERS' INSTITUTE OF INDUSTRIAL CHEMISTRY
Financial health, per its FY2023 accounts
The accounts state that the Charity reported a net operating deficit of £162,264 for the year ended 30 June 2023, resulting in total reserves of £662,344. The Trustees acknowledge that the level of activity will reduce unless external funding is secured, noting a principal risk of loss of financial support from the Salters' Company. Per the trustees' report, the Charity relies heavily on the Salters' Company, which provided 87% of its funding in this period.
What the accounts disclose
Structured financials (annual return, FY ending 30/06/2025)
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £723k | £408k |
| 30/06/2024 | £715k | £706k |
| 30/06/2023 | £605k | £767k |
| 30/06/2022 | £642k | £740k |
| 30/06/2021 | £247k | £306k |
Common questions
Is THE SALTERS' INSTITUTE OF INDUSTRIAL CHEMISTRY financially healthy?
The accounts state that the Charity reported a net operating deficit of £162,264 for the year ended 30 June 2023, resulting in total reserves of £662,344. The Trustees acknowledge that the level of activity will reduce unless external funding is secured, noting a principal risk of loss of financial support from the Salters' Company. Per the trustees' report, the Charity relies heavily on the Salters' Company, which provided 87% of its funding in this period. Its FY2023 accounts were audited by Saffery Champness.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE PALOMA FOUNDATION | 1 | £300k |
| THE CROSS TRUST | 1 | £50k |