Company regislrntion number: 05138092
(J)arity registration number". 1105303
The Salford Trust
(A company limited by guaranlee)
Annual Report and Financial Statements
for the Year Ended 31 March 2025
Chartered Accountants
I sl Floor, Block C
T1￿ Wharf
Manchester Road
Burnley
Lallcashire
BBII IJG

The Salford Trust
Contents
Reterence and Administrative Details
Trustces, Report
2to6
Independent Exzmincls Report
Stsiemenl of Fin4ttcial A¢tivAties
Balance Sheet
Notes lo the Financial Statements
1010 14

The Salford Tru%t
Reference and Administrative Details
Trustees
Mr N Abbott
Mr S W Almond
Mr A Bannister
Mr P Collins
Mr T M Jacobs
Mrs S Wikon-Gibbons
Ms S Almond
Ms M L McAllisleT
Mr P J Openshaw
Mr P Collins
Seerelary
Charlty Reglstratlon Number
1105303
Cornp4ny Re¥lgtrarton Number
05138092
The Gharity is incorporated in England.
1st Floor, Block C
The Wharf
Mancbe51er Ro&d
Butnley
Lancashire
BBII IJG
Reglstered Offlee
Prlnelpal Office
1x)￿Y Mill, Lees Slreet,
Pendlebury
M27 6DB
Independent x*mlner
Chartered AccounlaDts
1st Floor, Block C
The Wharf
Manchester Road
Burnley
Lancashire
BBII IJG
BaDker8'
Saiilander UK plc
Bu5ine$5 & Coryorate Banking Owations
Bridle Road
Bootle
MeTseyside
L30 4GB
Page I

The Salford Trust
Trustees, Report
Tlie I￿st¢e5, who are directors for the purpoKs of company law, present the annual report tog¢th¢r wilh the
fu￿ncial slatem¢nts of the cbaritable company for the year ended 31 Mairh 2025.
On 26th August 2025 the company cbanged ils name from The Salford Foulldation Trust to The Salford TnJ$t
Ltd and then to the Salford Trust on (DATE). The fomier name of the company is now held by a new company
registered Èn August 2024.
Trustees
Mi. N l Abbott
Ms S CAlmond
Mr S W Almond
Mr A Bannisier
Mr P Colltns
Mr T M Jacobs
Ms M L McAllisler (appointed 18 Jiily 2024)
Mr PJ Openshaw (appoinled 17 Febn￿ry 2025)
Mrs S Wilson-Gibbons
Objectlves And A¢tlvldes
Objects
The Salford Trust acls as a resource for young peoplc between Ihe ages of fjve and ￿enty-fIVe years living in
Saiford by providi1)£ advice and asslslallce, including bul not liinited lo, financial assistance and organising
Programm￿ ot'physical, educational and otber activities as a m¢ans of.
(8) advanciiig in life and helping young people by developing Iheir skills capacities and capabilities to enable
them lo participate in society as independent mature and responsible individuals
{b) lldvancing ¢ducation
(¢) relieving uneMplo￿nent
(d) providin8 recreatioiial and leisuTe lime aclivity in the Inte￿￿ts of social welfare for peopl¢ living in the ai'ea
of benefit who have need by reason of their youth age infirniily or disability poverty or social and economic
ircumslances with a view to improving the Conditio￿ of life of such persotk8.
The chArity alm
The Salfoi'd TiThst acts as a resouw¢ for youn8 people between the ages of five and twenty-five years living in
Salford by providing advice ond a&sistance. including bul not limited to, fin8ncial as4islance and OiEani8in8
programmes of physical, educational and other aclivitieg to experience or enhance personal and learning
dcvelopment opportunities.
Chall¢llL¥es Aiid ehAnge
Promoting the Trust to th¢ public directly during the year wd5 a major focus. Schoolg and Colleges were
infonned regularly and invited to pas5 on ihc inforn18tion to parents bul this does Ilot always translate into
referrnls. Developing more ¢ffeclive methods of communication renuined a key driver duting the year.
Page 2

The Salford Trust
Trustees, Report
At the stait of the year the TTUSt ￿vISited its promolional and marketing plan and concluded thai il would be
more beneficial to invest in a social medi8Jmarkeling consullant with agreed monthly tasks lo establish a n￿re
subslantial media presence. An appointhKnl was made and a member of th¢ Board and Ihe Managing Trust¢¢
established a working pallern ihal would allow the ¢onsultant to understand more about the work in the early
months but also provide space for her to create key messages and targeted campaigns once the work of the TTUSt
was fully understood. The aclivitia8 during th¢ year includ¢d:
The wcek]y promotion of thr Trust dittrtly to the general public including regular posts on FaceboDK Twitter
(now X), Linkedln 8Thd Instagrom via the Metricool social media platform
The regular use of sponsored Facebook posts taTgeting Salford families
• The production of posts for th¢ College to promote the general fvnding rounds and the 8pecialist rOU￿d5
including the Jolu]ny Marr award and the Stage Door #ward supported by Maxine Peake
Dirc¢l engagement wlih beneficiaries and tbeir families to report their involvement and progre55ion on social
media
• Th¢ production of a further promotional film with Ihe technical assistAnce of staff from Invisible Systems 88 a
pro bono off¢r
• The production of a new website and application forni currently offline and waiting for Board sign off and
launch date
. The use of Royal Mail lo m4ilshot a Icaflet to two posl¢ode atea5 orihc City to t￿t the impact of a paper b￿ed
proinotion in the local community
The TN81 has also changed its name with the rernoval of the word Foundation to become The Salford Trust.
There are two other organisalions with similar names, Saiford Foundation and the Saiford Foundation H05Pital
Trust and the similarity of narne ha5 Caused sonK COnfi￿20n over the year8.
The new website and applic&tion forni will be launched once the nan￿ change process hos been completed..
Overall grvdnt expendltllre for 2024 - 2025
This year th¢ Trust supporled 56 applicatioL% wilb a total expendilure for the year on grants or 15.095 (this
ncludes a number who were still rec¢iving stsg¢d or continuous paymenls from the previou8 years).
During the year the Trust also increased the number of young people on ils int¢rnal Paihway Programme to five.
Pathway participation ffts agreed at the funding sub-committee and then provides the opp0T￿nitY for young
people to receive additional funding in between funding rounds to supporl their progress to achieve particular
perfonnonce goals - tbis included supporling training camp wsts and trdvel in Egypt and GeTmany for a pard
swimmer who during the year secured the World's best time in th¢ national winter compelition and has now
secured hei. place on the GB team at the Para World Swimming Championships in SinEapore and a young
s¢ooting competitor who attended an evcnt in Gemany where he secured the title of "Rookie King of Gennanl,
as well a5 Participating in g￿llts acmss the UK where he continued to progre&8 with r￿st place finishe5.
Page 3

The Salford Trust
Trustees, Report
P4rtner engagement
The Trust lias provided private sector partner5 With information about the funding rounds to be distr&buled to
their staff who live in Salfoi'd so tiiat they can pas5 on the rclevanl information if they know someone who could
apply.
This was the third of a thre¢ year funding agreement with Jolinny Ma￿, the writer and lead guitarist of The
Smiths, member of the group The Pretende￿ and successful perfornier in his own right. The Trust secured the
Ihi'ee yeats of funding with the help of our Patron, Ms Maxine Peake who has previously worked with Mi. Mari.
on a project. The A ward Offe￿ thc successful applicant £l.000 to develop their music818kills where finance
would oilierwise be a barrier to progre&s.
As & result of tb¢ profile generated by the Award, Universal Music. who owm the rights lo Johnny MarT's music,
also agreed lo offer a match thnd in support of other young people in the City with similar aspirations and tliis
has also continued into the third year. During the year, Maxine Peake also provided funding for four young
people with a Perforn)ing Arts Award. knovm as The SL2g¢ Door Award.
The T￿st donated £15,000 from the 2025 Charity Ball to Salford Lads, and Girls, Club in response to Ih¢ii' call
for assistance in se¢uring the future of the Club. They did TCC6'iV¢ a lot of Press and subsequent incoine to
support Iheir iullning costs bul the Tnjst allocated fundin8 to directly support children and young people who
alt¢nd tlie Club in line with our charitsble objects. In partnering with th¢ Club it does enable the Trust to ac¢ess
mol'e young people in the Salfoi"d 5 arca ofthc City usill¥ their etsgagerneD¢ with the Club a8 a starting point.
The Trust has two key Committees that partner's participate ID - a srant awarding Sub-committec and a Boayd
of TTU5tees'.
The Sub-committee includes rq)resenlation from other contributors i￿luding Saiford Cominunity Leisure,
Salford College and a range of privalc sector p8finers. Partners who offer funding are invited lo attend the
8ub-cDmmitt¢e meetings so Ihcy better understand community need and Ibe way in which funding is allocated,
There is also student participation on the sub-conjmittee wilh sludenls from Salford College havi1)8 an
oppoiknjnity to attend to share their views on the appli¢atioJis. There has been an increase in the numbers of
members of the Sub-committee who contribule to thc decision making and provide advice, guidance and
praclical support to the TnLSt.
The Boai'd of Trustees has a range of Community and privale sector partners who use their expertise to lead oll
spectfic a¢livity as well as contribute to strategic and forward planning. During the year the board welcomed
two new Trustees, Ms McAllister and Mr Opgnshaw. as part of our plan lo increase the nuinbers of board
members.
The Trust Lontinuc$ to work closely with or8anisalions across the City lo identify children and young people
who most need sUPPOrt. including local authorily inlcrv¢ntion teams. educational eslablishn)enls. neighbourhood
and sporting networks, the music service and specifJ¢ services for young people.
Page 4

The Salford Trust
Trustees, Report
Suppoyt and donatlong
A locul business called Advania, localed in LO￿ Mill. provid¢$ a desk al no cost. The Lowry Mill
Management participate in sub-committee me¢tAn8s and provide meeting rootns at no cost.
This y¢ar saw the second Charity Ball in Feb￿￿ry and nmning into th¢ n¢w fmancial yellr, a campaign l¢d by
Bank of New York to r¢cruit participaDt5 for the Manchester IOK and Half Marathon. The Ball was an
overwhelming success with 20 tables sold to private seclor partners, generating over £75.000 in support of the
Work of th¢ Twsl and Salford Lads, and Girls, Club. The evenl showcased ihe work of the Trusl with
performance from Ihe r￿st two Johnny MITT award winners and ihe first showing of a new promolional film.
Mr Abboll, The TTU$t Chair, raised £1,500 in rne￿￿ry of his mother WI￿ p8ss¢d away during Ibe year and ihe
donation was directed at young people from lh¢ Ordsall area of the City where she lived. There was also
legaoy donation from a local family in memory of a fonner deputy head leacher who worked in Salford.
There were a numbcr of donations from businesses including BNY Mellon 8nd the Simon Fenlon PartneTship.
The JD Foundation continued to support tbe work of the Trust and a membcr of staff from JD attends the
Sub-committee that oversces the allocalion of ￿nding.
Th¢ lotsl income from Ihe Ball and from other p8rlners was £115,007.
Another Cbariiy Ball has been sched￿ed for February 2026.
Conclusion
During the year the Trust h￿..
Increased its social media plans with the appointment of a socibl media consuliant Benefitted from impactfvl
pro-bono support in Ihe ￿￿11￿n of dtgilal conlenl ￿￿O￿8h Invisibl¢ Syst¢n
• Produced a new promotional film
• Increased the number of Board members
. Increased the number of private sector parlners supporling ihe work of the TNst
Delivered th¢ second Trust Charity Bull
. Completed th¢ three key actions set out in the last Annual R¢port
A¢tions for the year #head will include:
A change of name with a social media re-launch
• Laun¢h of the new web51te
. Increasing Board membership further and maintaining tnomenrum of fundraising
Our thanks go to our TnLStees, sub-committee rnemb¢T& volunteers for their time and experttse and refere￿* who
have taken the lime lo support applications and engage in ongoing dialogue wilh the TTUSt to ensure that the
resour¢es available make the most impact on the lives of children and young people.
Publlc benefll
The T￿￿1¢¢5 confimi that we hav¢ paid due regaTd to th¢ Charity Commission guidance on public b¢nefit
reporting in deciding wbat activities the charity should undertake.
Pa￿5

The Salford Trust
Trustees, Report
Strycturey governance minagemenl
Governlng do¢ument
Tbe Salford Tnist (ST) is governed by ils Memornndum and Articles as amended 28ih January 20218nd Kun by
a i'oldling bO￿.d of Truslees who couslilute the mcmbership, there are no oihttr memb¢rs.
The Trust obtained ilg charitable slalus on 4th August 21XJ4.
The T￿&t Project Co-ordin8tOT reports to the Secretary of The Saiford TThst, who regularly meet to update on
th¢ progress of The Salford TnJ8t. Applicalions to ST are asswed by a commillee which norn￿1]Y meets every
three months. Board meetings are held noM￿llY cvcry two to tliree month5.
Rlsk mAn4gement
The Trustees have undertaken & policy of risk management and have endeavoured to ascertain the likely risks
that they are subject to and have considered appropriate policies to deal with the risks which are foreseeable in
relalion lo th¢ operation of the orBanisation.
Flnin¢l41 revlew
Thc charity recorded a surplus of £55.755 for the year.
Poll¢y on reserves
The Trust h8s unrestricted re8crve5 of £149.733 at the year end. Reserve5 of £1 5,000 - or roughly one ye81 S
i'wming costs - are required, with Ihe balance held for distribution in 8rant&
SMBII compAnles provl$lon statement
Thig report has been prepared in accordance with Ihe small conyanies regime under the Companies Act 2006.
Tlie annuAI report was approved by the trustees of Ihe charity on 2 October 2025 and sign¢d on its behalf by:
Mr P Collins
Company secretary and trustee
Page 6

The Salford Trust
Independent Examiner's Report to the trustees of The Salford Trust ('the Company,)
I report to the charity trustees on my examination of Ibe accounts of Ihe Company for the year ended 31 March
2025.
Responslbllltles and basls ofreport
As the charity'8 t￿SteeS of tbe Company (and also its diffclors for the pu4)oses of cornpany law) you are
responsible for the preparation of the accounts in a¢coidance with the requirements of the Coinpanies Act 2006
('tbe 2006 A¢l').
Having satisfied rnyself that lh¢ awunls of the Company are not Tequired to bc audited undcr Part 16 of the
2006 Act and are eligible for indcperKlenl examinatton, I report in respect of my exfjminalion of your chaTity's
arcounts a5 Garried out under section 145 of the Charilies Act 2011 ('Ihe 2011 Acl.). In carrying out my
examination I have followed the Dtrc¢tions given by tb¢ Cbarity ConJtt)ission ullder section 145(5)(b) of the
2011 Acl,
lttdependent examlner'8 statement
L have completed my examination. l confm tbat no matters have colne lo my attention in conneclion with the
examination 8iving me cause to b¢li¢ve:
I, accounting records were not kepi in respect of The Salford Trust as required by section 386 of the 2006
2. the accounts do nol accord with those records. or
3. the accounts do nol conwly with the accounting requirements of section 396 of the 2006 Act other than
iiy requirement Ihal the accounls give a 'true aftd fair view whicli is nol a matter considered as part of an
indep¢ndent examination. or
4. the accounts have not been prepared in accordancc with tlie methods and principles of Ihe Statement of
Recommended PraGli¢¢ for accounling and reporting by charilies [applicxbl¢ lo charili¢s prcparing their
accounts in accordance with the Financial Rcporting Standard applicable in the UK and Republic of
Irelind (FRS 102)].
I have no concerns and have com¢ across no other ma11ers in connection with the examination to which att¢ntion
should be drawn in this report in ordcr to enable o proper underslanding of the accounls lo be reached.
Mai'k Healon FCCA DchA FCIB
1st Floor, Block C
Tlie Whart
Manchester Road
Burnley
Lancashire
BBI I IJG
2 October 2025
Pagg 7

J￿0
oo
)0
11. '11 =111:11
Z Z ¢< ￿ t

The Salford Trust
(Registration number: 05138092)
Balance Sheet as at 31 March 2025
2025
2024
Note
Ciirrent assets
Debtors
Cash 4¢ bank and in hand
12
632
150.064
557
94.321
150.696
94,878
Credltors: AmouDt$ falllng due wllhln one year
Net a58ets
13
963
900
149.733
93,978
Funds of the eharlty:
Unrestricted Income funds
Uni'estricted funds
149,733
93,978
Total fundy
14
149,733
93,978
Foi. the financial year ending 31 March 2025 the charity w8s entiiled to exemption from audit under section 477
of the Companies Act 2006 relating to small companies.
Directors, responsibilities.,
The tnembers have nol iequired the charity to obtain an audit of ils accounts for the year in question in
accordance wilh seclion 476; and
The dir¥ctors acknowledge their responsibilities for complying with the requirements of th¢ Act with respect
to acoounting records and th¢ preparation of accounts.
The financial statements on pages 8 10 14 were approved by the truslces, and authorised for is5u¢ on 2 October
2025 and signed on Ibeir behalf by:
Mr P Collins
Company 5ecr¢tary and trnstee
The notes on pa¥cs 10 to 14 foTm au inlegTal part olthese financial statCllLents.
Page 9

The Salford Trust
Iyotes to the Flnancial Statements for the Year Ended 31 March 2025
I Charlty $tatus
The charity is limited by 8uarantee. incorporat¢d in Englat)d, alld consequently does not have shar¢ capital. Each
of the ttustees is Itable lo Contribute an amount not exceeding £1 towaTds the assets of the cbarity in the event of
liquftdalioii.
The address of its registered office is:
151 Floor, Block C
The Wharf
Manchester Road
Burnley
Lancashire
BBI I IJG
Tlie principal place of business is:
Lowry Mill, Le¢s Street,
Pcndlebury
M27 6DB
These financi&l statements were authorised for issue by the trustees on 2 October 2025.
2 A¢¢ounting policies
Sumn)iry of slRnlfi¢aDt accoun16ng poll¢les and key accountlng e$limgle$
Th¢ pi'incipal accounting policies applied in the preparation of Ihese financial statements are sel out below.
These policies have been consistently applied to all the years presented, unless otherwi5C 51ated.
Statement of compllan¢e
The financial statements have been prepared in Aceordan¢e with Accounting and Reporting by Cliarities..
Slalemcnl of Recommeildcd Praclice (applicable lo eharilie5 preparing iheir accounls ID accordance with the
Financidl Reporting Standard applicable in the UK and Republi¢ of Ircland (FRS 102)) (issued in October 2019)
(Charities SORP (FRS 102)), the Financial Reporting Siandard applicable in th¢ UK and Republic of Irelat
(FRS 102) and the Companies Act 2006.
Basis of pr¢p8rodon
The Salford Trust me¢tS the definition of a public benefit enlity under FRS 102. Assets and liabililie5 are
nilially recDgnis¢d al bistorical cosl or Ir?nsaction value unless olb¢nvise staled in the relevant accowiting
poli¢y notes.
Colng eon¢ern
Tlie trustees consider Ihat there are no m&lerial uncertainties about the charitys ability to continue as a 8oin8
concern nor any significant areas of uncertainty that affect the carrying value of assets held by the ¢I￿rity.
lii¢ome
All income is recogllised once the clwity has enlitlement to the income, it is probable that the income will be
received and the amount of the income r￿e1vable can be measured T¢lÉably.
Page 10

The Salford Trust
Notes to the Financial Statements for the Year Ended 31 March 2025
Expendlture
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable
settlement is required and the amount Can be measured reliably. All Costs a￿ allocated to (he applicable
expcnditure heading Ihat aggregate similar costs to that category.
CovernAn¢e eogts
These includ¢ the costs attributable to the charity's compliance witb constitutional And stalulory requirements,
including independent ex8minalion, strategic manag¢mmt and tnLslees' meetings and reimbur¥ed expenses.
Trade debtor$
Trade debtors are amounis due from cusiomeTS for services perforn￿d in the ordinary course of bu8ine&q.
Trade credltors
Trad¢ creditors are obligations lo pay for goods or Servic￿ that have becn acquired in the ordinary ¢our5c of
busiiie5s from suppliers. Accounts payable are classified as Cu￿ent liabilities if the charity does not have &n
unconditional right, at the end of the reporting period, to defer settleinenl of the creditor for at least twelve
months afier Ilie reporting date. If there is an unconditional right to defer settlement for at least twelve months
after the reporting dfile, they ale presenled as non-curreni liabilities.
3 Intome from donatloDS
UArestrl¢ted
TotY41
2025
Total
2024
General
Donations
37,877
37,877
26,180
4 Incfyme from other trading aellvllles
Uorestrleted
Total
2025
Total
2024
General
Events income.
Charity ball
77,130
77,130
55,550
77,130
77.130
55,550
5 Investment Income
Unrestrlcted
Total
2025
Total
2024
General
Bank interest
4,664
4.664
2,805
Pagell

The Salford Trust
Notes to the Financial Statements for the Year Ended 31 March 2025
6 Expendlture on rnlsln2 funds
) Costs Of trading aetlvltles
Unre$¢rie¢ed
Total
2025
Tolal
2024
General
Cliarity ball expenditure
5,495
15,495
14,465
15.495
15,495
14,465
7 Expendlture on eh4rl¢able aellvltles
Unrestrlcled
Total
2025
Total
2024
General
Charity operating and publicity costs
Grant funding ofactivities
Governance cosls
Staff costs
17,266
15,095
2,029
14,031
17,266
15,095
2,029
14,031
3,855
13,384
1,590
13,317
48,421
48,421
32,146
8 Analysls of governaDce and Support ¢o$ts
Goveriiance Costs
Ullrestrl¢t¢d
Tot81
2025
Tot&1
2024
CeRtral
Independent Examinerfs remuneration
Othei. fces - Pa￿.011 ctc
1.813
216
1,813
216
900
690
2,029
2,029
1,590
Pa8¢ 12

The Salford Trust
Notes to the Fftnancial Statements for the Year Ended 31 March 2025
9 Trll8tees remunerhitlon and expenses
No Iruslees, nor any persons connected with them, bavc received any remuneration from the charity during the
No truslees have received any rclmbursed expenses from the charity during the year.
10 Slaff ¢o$ts
The aggregate pa￿011 costs were as follows:
2025
2024
Staff Cosls dllrlng the ye9r were:
Wages and Salaries
14,031
13,317
The inonthly average number of persons employed by Ihe ¢harity during Ihe year ¢xpr¢ssed as ￿11 time
equivalents w85 as follows:
2025
2024
Administration
No employee received emolumcnls of more than £60,0￿ during the year.
11 TaxatloD
The charity is a re8isler¢d charity and is th¢T¢fott exempt from taxation.
12 Debtors
2025
2024
Prepa￿￿ents
632
557
13 Credltors
2025
2024
Other taxation and social security
Accruals
13
950
900
963
900
Page 13

The Sxlford Trust
Notes to the Financial Statements for the Year Ended 31 March 2025
14 fiunds
Bglance al I
Aprll 2024
Incoming
resources
Resources
expended
BalAnce At 31
Marcli 202S
Unrestrleted funds
General
93,978
119,671
63,916
149,733
BalAnce Al I
Aprll 2023
Incomlng
resourees
Resoureei
expended
Balance at31
Mar¢h 2024
Unrestrleted funds
General
56,054
84.535
46.611
93,978
IS Analysls of net assets between funds
Unrestrlctod
funds
GenerAI
I'otll funds At
31 March
2025
CuriEnl assets
CunEnt Itabilitieg
150,696
963
150,696
963)
Total net assets
149,733
149,733
Unrestrlcted
funds
General
Total funds at
31 March
2024
Current asseLs
Cunrni liabililies
94,878
(900}
94,878
900
Total net ass¢ts
93,978
93.978
Page 14