Charlty reglstration number 1180246 (England and Wal9$}
SALFORD CITY FC FOUNDATION
(FORMERLY KNOWN AS FOUNDATION 92)
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025

SALFORD CITY FC FOUNDATION
{FORMERLY KNOWN AS FOUNDATION 92)
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
R Giggs
Y Harrison
T Camilleri
W Lewis
R Buckley
G Wilson
J Jackson
G Fleig
IAppoinled 25 June 20251
IAppointed 12 June 20261
Head of Foundation
M Ingham-Griffilh
MAgnew
England and Wales
(Appointed 1 September 20251
Ilnteriml
1180246
Charty registratlon
Prlnclpal address
Sl. James House
Pendleton Way
Salford
Greater Manchester
M6 5FW
Audltor
Champion Accountsnts LLP
1 Worsley Court
High Street
Worsley
Manchester
M28 3NJ

SALFORD CITY FC FOUNDATION
(FORMERLY KNOWN AS FOUNDATION 92)
CONTENTS
Pagg
Trustees. report
Statement of Trustees, ￿spOnSIbl1111eS
Independent auditor's report
8-10
Statement of financial activities
Balance sheel
12
Slalemenl of cash flows
13
Notes to the financial statements
14-26

SALFORD CITY FC FOUNDATION
(FORMERLY KNOWN AS FOUNDATION 92)
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 OCTOBER 2025
The Trustees present their annual report and audited financial slalemenls for the year ended 31 October 2025.
The financial statements have been prepared in accordance with the accounting policies sel out in note 1 to the
financial statements and comply with the charity's governing document, the Charities Act 2011 and "Accounting
and Reporting by Charities.. Statement of Re¢ommended Practice applicable lo chaiilies preparing their accounts
in accoidance with the Financsal Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021
leffeclive 1 January 20191"
Oblectlves and actlville$
Oblectlves
The objectives of the charity are for the public benefit auoss Sallord and beyond by..
Promotion ol community participation in healthy recreation by providing appropriale opportunities for
engagement in sport and sporting 8etivily capable of improving physical heahh, wrth an emphasis on
football
Promotion of good mental health within the community by providing appropriate opportunities for
engagement in sport and sporting activity directed lo relieving mental health, with an emphasis on
football.
Provide and assist in provi(Jing appropriate opportunities for sport, Tecrealion or other leisure time
ocGvpalion of such person5 who have need for such facilities by reason of their youth, age, Infirmity or
disablement. poverty or social and economic circumstances or for the public at lafge in the interests of
social welfare and with the objects of improving their conditions of life.
Promote the education of people wlh disabilities, young people who have offended or are at risk of
doing so, people who are homeless or are al risk of being made homeless, and people who are in need
by reason of their age. poverty, or soual or economic circumstances, in particular, bul without linilalion
by..
A. Awarding lo such persons scholarships, maintenance allowances or grants lo allow them lo
undertake further or higher education or access courses to further or higher education.,
B. Making gran15 to fund additional facilities and eouipmenl al educational eslablishmenls in the
Greater Manchester area to facilitate access to education, and
C. Delivering community oulreath, integration, and programmes lo widen participation in further
education by such persons throughout the UK.
The Trustees have paid due regard lo guidance issued by the Charity Commission on public benefit. in deciding
what activities the Charity should undertake.

SALFORD CITY FC FOUNDATION
(FORMERLY KNOWN AS FOUNDATION 92)
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
Achlevomgnts and perfomiance
Over the past twelve months, Salford City FC Foundation formally Foundation 92 (The Foundalionl. has
slrenglhened its t)ortfolio of work via a wde array of activities aimed at engaging and supporting residents of
Salford and beyond, thereby contributing lo address and focus on the reduction ol inequalities and fostering
positive outcomes for our communty.
The Foundation's delivery team has demonslraled unwavering dedication to supporting all members of our
community through a holistic, Inclusive, and sustainable approach.
The reporting period has been notably posilive, progressive. and rewarding, further Cementing the presence of
the charity in the heart of Salford. In addition lo supporting some of the most disadvantaged and marginalised
communities, the Foundation continues to deliver lif&changing inlervenlions across the region thereby extending
both its impact and value to the residents of Salford
Concurrently. the Foundations team, supported by the Charities Board of Trustees, has undertaken consislenl
and proactive steps lo enhance governance, practices. and procedures alongside the developrnenl of a new
strategy which was su¢ce5slully launched In July 2026.
Throughout this year. the FoLtndation has made significant progress toward ils strategic objectives by launching
innovative programmes and deliverin9 communily-focused projects and workshops. The Foundation has also
gained reeognilion at local, regional, and national levels.
This ongoing commitment has allowed the charity lo make meaninglul progress It)ward meeting the highest
Standards sel by the EFL'S Capability Code of Practi￿.
The entire team sincerely thanks all our partners, especially Salford City Football Club, for their continued
support.
Highlight and flagship areas of focus and athievemenls within the reporting period include",
Supported by partners and volunteers. we delivered 1,7e4 Christmas presents acfOSS Salford.
The official Premier League Trophy visited Primary Schools across Salford, and the Foundation hosted
an interactive workshop.
Salford City FC Foundation were nominated for the Made in MancheslerAwards for Team of the Year.
Appointed Kevin McC105key as oui 2025 Premier League Community Captain for his outstanding
commitment lo serving the Salford community.
The Foundation in partnership with Royal Manchester Children's Hospital launched the Champions for
Children Gala Dinner, raising £267,412 shared equally across both charities.
Funding secured from Islamic Relief UK allowed the purchasing of 500 food packs which were handed
out lo our comrnunity.
The Foundation's Premier League Kicks, under 16 girls team. won the Premier League Kicks Regional
Cup
As part of Mental Health Awareness Week, the lean7 delivered the Our Goal workshop to schools across
Salford.
The Foundation supported The Federation of Jewish Charities lo deliver a community event, as part of
their BarBal Mitzvah programme.
th thanks lo the Moulding Foundation and their donation, both Salford City FC Foundation and UA92
have been able lo support 16 University students who each received financial aid in the form ol a non-
repayable bursary
Our Women's Walking Football goalkeeper, was selected lo represent England's Walking Football Team
in the Four Nations Cup.

SALFORD CITY FC FOUNDATION
(FORMERLY KNOWN AS FOUNDATION 92)
TRUSTEES. REPORT (CONTINUED
FOR THE YEAR ENDED 31 OCTOBER 2025
Volunteers and staff from the Denis Law Legacy Trust supported the Foundation's programmes as part
of the annual volunteer transfer.
Over 200 girls attended the Emerging Talent Centre trials, a record number for Salford City FC
Foundation.
Our holiday programmes, supported over 250 individual participants.
Young fans attended the Salford City FC open training session al the Peninsula Stadium.
Salford City FC academy scholars visited our Premier League Kicks session al Albert Park, taking part in
a Q&A.
We received a 3-year grant from the Veterans Foundab"on, aimed al improving the soci81 and physical
health of veterans Veterans laid a poppy wreath on the centre circle before observing a minute's silence
al the Salford City FC Remembrance Game.
We hosted the Age UK SaKord & Trafford Dernenlia Olympies which was a great aftemoon of chair-
based exercises and gamesl
The EFL Week Of Action which saw Salford City FC Foundation shine a light on all of our work across
the week.
Our girls Emerging Talent Centre teams and Women's Walking footballers supported the Saword City
Lionesses at their fixture 81 the Peninsula Stadium.
duc
Our Education team supporte(l over 4,700 individuals in Education during 2025 across various programmes,
including Premier League Piimary Stars, JD Achieve. financial literacy, and small group-based interventions.
In 2025, 89% 01 young people reported increased understsnding ol anI￿dIscrimInall0n, while 94% felt more
confident reporting discrimination.
Throughout the academic year, the charity has worked with schools across Silford, delivering 12,584 hours and
recording 183,878 attendance visits lo ils PfOVlSlOn.
Donations and gifts from the Moulding Foundation have enabled the Charity and University Academy 92 10
collaborate on a non-repayable bursary of financial aid, supporting 16 university students. Each bursary has
been specifically tsrgeled towards those students from disadvantaged backgrounds

SALFORD CITY FC FOUNDATION
(FORMERLY KNOWN AS FOUNDATION 92)
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
mm
outh Work
The charity has supported over 10,000 individuals across our communty programmes, through sport, youth
work, holiday provision and community outreach.
The behaviour change piogramme, in partnership wlh Transport for Grealel Manchester, engaged with 3.844
young people alone across the transport network, contributing to a saler community. Premier League Kicks.
which is delivered across four locations in Salford, saw an increase 011500/0 of female participants since 2023,
which dernonslrales strong progression within female only provision.
Throughout the year the charity has delivered 8,671 community faung hours fecording 32,611 attendance visits
into Ils provision.
Each sess10n is delivered by hTghly qualiffed staff who are dedicated lo empowering young people in their
community lo thrive and adopt healthier lifestyles. At the Foundation our mission is lo empower, educatè and
improve lives, by reducing inequalities and creating opportunities.
in
Throughout 2025. Salford City FC Foundation's Health and Wellbeing team has supported over 380 ind'viduals
through a variety ol health and wellbeing programmes aimed al reducing health inequalities.
These have included Dementia Walking Sports, Fil 92, and corporate fitness sessions alongside many more
opportunities lo build resilience and manage copin9 mechanisms for Tnental illnesses.
In particular. Fil 92 has been a great success throughout the year, with 1 OOOA of participants improving their diet
and physical activity level, and 90QA reporting improved mental health.
Throughout the year the Foundation has delivered 3,468 Health and wellbeing communty facing hours recording
10, 925 attendance visits into ils provision
Led by The Big Life group. the Foundation offered free, personalised support lo individuals regarding improving
wellbeing. slrenglhening family relationships, or getting help with money.
Foundation 92 delivered lo support and motivate partieipanls lo make posttive changes lo o wide range of a￿aS
in their lives, including..
Physical and emotional well-being
Family and relationships
Building social connections
Money management skills
A￿esS lo training and employment
The Wellbeing Hub was been able lo support participants lo save financially on their bills through the help of our
money management ¢ourses.

SALFORD CITY FC FOUNDATION
(FORMERLY KNOWN AS FOUNDATION 92)
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
Fln
The Trustees are pleased with the charity's robust financial performance over the past year. The charity has
maintained reserves that exceed five months, worth of operating expenses, providing a solid financial cushion in
8 tough economic climate.
The charity maintains a diverse range of income sources. comprising both reslricled funds earmarked for specific
inilialives and Un￿strICted funds that support the organi5alion's broader strategic aims. This finanoal flexibility
enables the charity lo respond effectively to the evolving needs of Ihose we serve and ensures alignment with
the F04Jndation's overarching objectives.
The Trustees remain confident that, supported by robust policies and well-defined slralegies, the charity is
positioned for ongoing growth and suslainabilily. We are dedicateLI lo operaling in a foNar(klhinking manner,
adapling to changes while remaining true to our core mission.
Our policy is to relain unrestricted reserves equivalent to al least six months of total expenditure. The TrL*slees
consider this level of reserves essential lor safeguarding our ability to continue crili¢al operations In the event of
a significant reduction in funding.
By maintsining these reseNes, we can deliver essential services wlhoul interruption while actively seeking new
fundraising opportunities. Throughout the year. the charity has met ils planned reserve targets. Al every board
meeting, Trustees review the Foundation's financial performance to identify and miligale potential risks, ensuring
our protocols remain effective. This approach underpins the charity's resilience and continued success in fU￿illIng
ils mission.
Structure* governance and rnanagement
The chanty is a Charitable Incorporated Organisalion.
The Trustees who served during the year and up lo the date of signature of the finanei81 statements were..
R Giggs
Y Harrison
T Camilleri
WLewis
R Buckley
G Wilson
J Jackson
G Fleig
IAppoinled 25 Junè 20251
IAppoinled 12 June 20261
During the year, the Foundation appointed an interim CEO (Matthew Agnewl from 10th March 2025 10 31st
August 2025, before appointing Martin Ingham-Grrfith as CEO on 1st September. Matthew Agnew then resumed
his role as Deputy CEO.
Risk Assessment
The Trustees. having examined the major slralegic, business and operational risks which the charity faces and
confirm that policies have been established lo ensure regular monitoring and reporting This will allow for timely
intervention when necessary lo reduce these risks.

SALFORD CITY FC FOUNDATION
{FORMERLY KNOWN AS FOUNDATION 92)
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
Partners
The Trustees of the Foundation would like lo place on record their sincere thanks lo each partner who has
d1￿ctlY Supported the life-changing work. In particular, the Foundation would like to thank the following partners
for their outstanding support..
1 st Central
BBC Children in Need
BrightHR
British Transport Poli
Bupa UK Foundation
COMMUNITY Little Hullon
Cruyff Foundation
EFL in the Communty
Football Foundation
Giealer Manchester Police
Greater Manchester Moving
Islamic Relief
Jigsaw Homes
Kellogg's Manchester
LTA Tennis Foundation
MEComms
National Literacy Trust.
Network Rail
Northern Rail
Rochdale Council
Salford City Council
Salford CVS
Salford Community Leisu
Salford Foodbank
Stockport Council
Tandem bank
The FA
The Professional FootballersAssocialion
The Workers Educational Association
Trafford Council
UK Youth
Veterans Foundation
AgeUK Salford and Trafford
Beyond Sport
B & M Retail Limited
British Triathlon
Clarion Futures
Crewe lo Manchester Rail Partnership
Denis Law Legacy Trust
Experian
Freeki¢ks Foundation
Greater Manchester Violence Reduction Unil
Hotel Football
JD Foundation
JMW
Kuil Steinart Levy LLP
McDonalds
Moulding Foundation
National Lottery Community Fund
Nel Worfd Sports
Premier League Foundation
Royal Manchester Children's Hospital Charity
Sallord City Football Club
Salford Lads Club
Salford Youth Zone
Sport England
Tameside Melropolilan Bourgh Council
The Big Life Group
The Federations of Jewsh Services
The Welfare Service
The Big Lrfe Group
Tran5POrt for Greater Manchester
University Academy 92
The Trustees, report was approved by the Board of Trustees.
Y Harrison
Trustee
Dated." 28Augusl 2026

SALFORD CITY FC FOUNDATION
(FORMERLY KNOWN AS FOUNDATION 92)
STATEMENT OF TRUSTEES, RESPONSIBILITIES
FOR THE YEAR ENDED 31 OCTOBER 2025
The Trustees are responsible for preparing the Trustees, Rèport and the financial slalemenls in accordance wlh
applicable law and Unrted Kingdom Accounting Standards Iunited Kingdom Generally A￿pted Accounting
Practice).
The law applicable lo charities in England and Vvales requires the Trustees lo prepare financial statements for each
financial year which give a true and fair view of the slate of affairs of the charity and of the incoming resources and
application of resources of the charity for that year.
In preparing these financial slalemenls, the Trustees are required lo".
select suitable accounting policies and then apply them consislenlly",
observe the methods and principles in the Charities SORP.,
make judgements and estimates that are reasonable and prudent.,
slate whether applicable accounting standards have been followed, subject lo any material departures disclosed
and explained in the financial staternenls." and
prepare the financial slalements on the going concern basi5 unless il is inappropriate lo presume that the charity
11 continue in operation.
The Trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at
any lime the financial position of the charity and enable them to ensure that the financial slatemenls comply with the
Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They
are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the
prevention and detection ot fraud and other irre9ularilies.

SALFORD CITY FC FOUNDATION
(FORMERLY KNOWN AS FOUNDATION 92)
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF SALFORD Clry FC FOUNDATION
Oplnlon
We have audited the finaneial Statements of Salford City FC Foundation Ilhe 'charity'l for the year ended 31
October 2025 which comprise the statement of financial activities, the balance sheet, the statement of cash flows
and notes to the financial slalemenls, including significant aecounling policies The financial reporting framework
that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, ineluding
Financial Reporting Standard 102 The Financial Reporting Standard applicable in Ihe UK and Republic of Ireland
(United Kingdom Generally Accepted Accounting Practice).
In our opinion. the financial 51alements'.
give a true and fair view of the slate of the charity's affairs as at 31 October 2025 and of ils incoming
resOur￿S and application of ￿SourCes, for the year then ended,
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practi￿,.
and
have been p￿pared in accordar¢ce with the Charities Act 2011.
Ba$ls for opinlon
We conducted our audit in accordance wth International Standards on Auditing IUKI IISAS IUK}) and applicable
law. Our responsibilities under those standards are ftjrther desuibed in the Audilorfs ￿SponSibl1￿￿5 for the audit
Ihe lii?ancial slalemenls section of our report. We are inclependenl of the charity in accordance with the ethical
requirements that are relevant lo our audit of the financial slalemenls in the UK, including the FRC'S Ethical
Standard, and we have fulfilled OUT Other ethical responsibilities in accordance with these requirements. We believe
that the audit evidence we have obtsined Is sufficient and appropriate lo provide a basis for our opinion.
Conclusions relating to golng concem
In auditing the financial statements, we have concluded that the Trustees, use of the going concerrb basis of
accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have nol idenlthed any material uncertainties Telaling lo events or
conditions that. individually or collectively. may cast significant doubl on the charity's ability to continue as a going
concern for a period ol al least twelve months from when the financial slalements are aLrthorised for issue.
Our responsibilities and the responsibilities of the Trustees wth iespect lo going concern are deseribed in the
relevant sections ol this report.
Other Infom)ation
The other information comprises the information included in the annual report other than the fina￿la1 slalemenls
and our auditor's report Ihereon. The Trustees are responsible for the other information contained within the annual
report. Our opinion on Ihe financial slalements does not cover the other information and we do not express any form
of assurance conclusion the￿on. Our responsibility is lo read the other information and, in doing so, consider
whether the other information is materially inconsistent wrth the financial statements or our knowledge obtained in
the course of the audit, or otherwise appears lo be materially misslaled If we identify such material inconsistencies
or apparent material rnisstatemenls. we are required to determine whether this gives rise to a malerk?I misslalemenl
in the financial statements themselves. If. based on the work we have performed, we conclude that Ihefe is a
material rnisslalemenl of this other information, we are required to report that fact.
We have nothing lo report In this regard
Matters on which we are requlrgd to report by exceptlon
We have nothing to report In respect of the following matters in relation to which the Charities {Accounls and
Reports) Regulations 2008 requires us lo report to you if, in our opinion".
the information given in the financial slalemenls is Inconsistent in any material fespect wth the Trustees,
report., or
sufficient ac¢ounling ￿cOrdS have not been kept.. or
the financial slalements are not in agreement with the accounting records". or
we have not received all the information and explanations we require for our audit.

SALFORD CITY FC FOUNDATION
{FORMERLY KNOWN AS FOUNDATION 92)
INDEPENDENT AUDITOR'S REPORT (CONTINUED
TO THE TRUSTEES OF SALFORD CITY FC FOUNDATION
Responslbllltles of Trustees
As explained more lully in the statement of Trustees, responsibilities, the Trustees are responsible for the
preparation of the financial stalemenls and for being satisfied that they give a true and fair view. and for such
internal control as the Trustees determine is necessary to enable the preparation of financial slalemenls that are
free from material misstatement. whether due lo fraud or error. In preparing the financial slalemenls. the Trustees
are responsible for assessing the charity's ability lo continue as a going concern. disclosng. as applicable, matters
related lo going concern and using the goin9 concern basis of accounting unless the Trustees either intend lo cease
operations, or have no realistic alternative bul lo do so.
Auditorfs responsibilities for the audit of the financial statements
We have been appointed as auditor under seciion 144 of the Charities Aet 2011 and report in accordance wlh the
Act and relevant regulations made or having effect Ihereunder.
Our objectives are to obtain reasonable assurance 81)oul whether the financial statements as a whole are free from
material misslalement, whether due to fraud or error. and lo Issue an auditorfs report that includes our opinion.
Reasonable assurance is a high level of assurance bul is not a guarantee that an audit conducted in accordance
wilh ISAS IUKI will always detect a material rnisslalemenl when il exists. Miss¢alemenls can arise from ffaud or
error and are considered material if, individually or in the aggregate, they could reasonably be expected lo influence
the economic deeisions of Ltsers taken on the basis ol these finaneial slalements.
The extent lo which our procedures are capable of delecling irregularities. including fraud. is detailed below.
As part of our planning process..
We enquired of management the systems and controls the eharily has in place. the areas of the financial
slalemenls that are mostly susceptible lo the risk of irregulafilies and fraud. and whether there was any known,
suspected 01 alleged fraud. The charity did ng1 inform us of any known, suspected or alleged fraud.
We obtained an understanding of the legal and regulatory framework5 applicable lo the charity We detemiined
that the following were most relevant.. FRS 102. Charities Act 2011 & the Health and Safety act 1974.
We considered the incentives and opportunities that exist in the charity, Including the extent ol management bias.
which present a potential for irregularities and fraud to be perpelualed. and tailored Dur risk assessment
accordingly.
Using our knowledge of the chanty. together with the discussions held wth the charity al the planning stage, we
formed a conclusion on the nsk of misslatemenl due to irregularities including fraud and tailored our procedures
according to this risk assessment.
In response lo the risk of IrTegularilies and non-compliance with laws and regulations. including fraud. we designed
procedures which included".
Enquiry ol managefflenl and those Charged with govemance around actual and potential litigation and claims as
well as actual, suspected and alleged fraud,.
Reviewing minutes of meeting5 of those charged wlh govemance".
- Assessing the extent of compliance with the laws and regulations considered to have a direct material effect on the
financial statements or the operations of the entity through enquiry and inspection,
Reviewing financial slalemenl disclosures and testing lo supporting documentation lo assess compliance with
applicable laws and regulations".
Performing audit work over the risk of management bias and override of controls, including testing of journal
entries and other adjustments for appropriateness, evaluating the business rationale of significant transactions
outside the normal course of business and reviewing accounting estimates for indicators ol potential bias.
There 8re inherent limitations in the audit procedltres described above. The more removed that laws and
Tegulalions are from financial transactions. the less likely it is that we would become aware of non-compliance.
Auditing standards also limit the audit procedures required to identify non-compliance with laws ancl regulations lo
enquiry of the directors and other management and the inspection of regulatory and legal correspondence. if any.
The risk of not detecting a material misslalement resulting from fraud is higher than one resulling from error. as
fraud may involve collusion, forgery, inlentsonal omissions, misrepresenlalions, or the override of internal control.

SALFORD CITY FC FOUNDATION
(FORMERLY KNOWN AS FOUNDATION 92)
INDEPENDENT AUDITOR'S REPORT ICONTINUED)
TO THE TRUSTEES OF SALFORD CITY FC FOUNDATION
A further description of our responsibilities is available on the Financial Reporting Council's website at." https'.11
www.frc.org.uklavditorsresponsibilitie5. This description forrns part of our auditorfs report.
Other matte
Your attention is drawn to the fact that the charity has p￿pared financial statements in accordance wilh'Accounting
and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021" las
amended) in preference lo the Accounting and Reporting by Charities." Slalemenl of Recommended Pra¢liee issued
on 1 April 2005 which is referred lo in the extant regulations bLJI has now been withdrawn.
This has been done in order for the financial statements lo provide a true and fair view in accordance with cuNent
Generally Accepted Accoun11ng Practice.
Use of oyr report
This report is made solely lo the charity's Iruslees. as a body, in accordance with Part 4 of the Charities (Accounts
and Reports) Regulations 2008. Our audit work has tr*en undertaken so that we might state to the charity's
Trustees those matters we are required lo state to them in an auditor's report and for no other purpose. To the
fullest exlenl permitted by law, we do not accept or assume responsibility lo anyone other than the charity and the
charity's Trustees as 8 body, for our audit work, for this report. or for the opinions we have formed.
LL4,
Champion Accountants LLP, Slalutory Auditor
Chartered Accountsnts
1 Worsley Court
High Street
Worsley
Manchester
M28 3NJ
28 August 2026
Champion Accounlanls LLP is eligible for appointment as auditor of the charity by virtue of its eligibility for
appointment as auditor of a company under section 1212 of the Companies Act 2006.
10-

SALFORD CITY FC FOUNDATION
{FORMERLY KNOWN AS FOUNDATION 92)
STATEMENT OF FINANCIAL ACTIVITIES
(INCLUDING INCOMEAND EXPENDITURE ACCOUNTI
FOR THE YEAR ENDED 31 OCTOBER 2025
Unrestrlcted Restricted
fund$
funds
202S
2025
Total Unrestrlcted Restricted
funds
funds
2024
2024
Total
2025
2024
Notes
Income and endowments frorn..
Donations and legacies
Other trading activities
Other income
244,833
487,797
53,618
925,137 1,169,970
487.797
53,618
740,260
271,967
122,204
680,879 1,421,139
271,967
122,204
Total incomg
766,248
925,137
1,711.385
1,134,431
680,879 1,815.310
Expendlture on:
Raising funds
Charitable activities
Other expenditure
248,660
612.368
12.996
248,6eO
903,998 1,516,366
12,996
15,019
835,948
17,158
15,019
692,879 1,528,827
17,158
13
Total expenditure
874,024
903,998 1,778,022
868,125
692,879 1,561,004
Net incom&lloxp&ndlturel and
movement in funds
{87,7761
21,139
166,6371
266.306
112,0001
254,306
Reconciliation of funds:
Fund balances al 1 November
2024
848.283
848,283
581,977
12,000
593,977
Fund balancos at 31 October
2025
760,507
21,139
781.646
848,283
848,283
The statement of fi'nancial activities includes all gains and losses rvognised in the year. All income and expenditure
derive from continuing activities.

SALFORD CITY FC FOUNDATION
(FORMERLY KNOWN AS FOUNDATION 92)
BALANCE SHEET
ASAT31 OCTOBER 2025
2025
2024
Notes
Fixed assets
Tangible assets
15
41,266
52.356
Current assets
Debtors
Cash at bank and in hand
16
244,987
889.265
403.052
961,617
1.134.252
1.364,669
Credltors.. amounts falling due within
one ygar
17
{393,872)
1568,7421
Net current assets
740,380
795,927
Total assets less current Ilabilities
781,846
848,283
The funds of the charlty
ReslricleLI Income funds
Unrestricted fund$
20
21
21,139
760.507
846,283
781.646
848,283
The financial slalement5 were approved by the Trustees on 28 August 2026
Y Harrison
Trustse
12-

SALFORD CITY FC FOUNDATION
(FORMERLY KNOWN AS FOUNDATION 92)
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 OCTOBER 2025
2025
2024
Notes
Cash flovrn from operating activ5tle$
Cash (absorbed byllgeneraleo from
operations
26
167,0281
127,006
Investing actlvitles
Purchase of tangible fixed assets
Proceeds from disposal of tangible fixed
assets
15,3241
110,7841
189
Net ¢a5h used in investlng activitie5
15,3241
110,5951
Net cash generated from financing actlvltles
Net Ide¢rease)Ilncrease in cash and cash
equivalents
172,3521
116,411
Cash and cash equivalents al be9inning of year
961,617
845,206
Ca$h and cash equivalenls at end of year
889,265
961,617
13-

SALFORD CITY FC FOUNDATION
(FORMERLY KNOWN AS FOUNDATION 92)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
Accountlng policies
Charity information
Foundation 92 is a charitsble incorporated organisalion, with the registration number of 1180246.
1.1 Basis ot preparation
The financial slalemenls have been PTepared in accordance with the charity's conslilulion of a Charitsble
incorporated organisation. the Charities Act 2011, FRS 102 'The Financial Reporting Standard applicable in
the UK and Republic of Ireland" l°FRS 102.1 and the Charities SORP "Accounting and Reporting by Charities".
Slalemenl of Recommended Practice applicable lo charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of I￿land IFRS 1021" leffeclive 1 January
20191. The charity is a Public Benefit Enlily as defined by FRS 102.
The financial slalements have departed from the Charities (Accoun15 and Reports) Regulations 2008 only lo
the extent required lo provide a true and fair view This departure ha5 involved following the Statement of
Recommended Practice for ehanlies applying FRS 102 rather than the version of the Slalemenl of
Recommended Practice which is referred to in the Regulations bul which has since been withdrawn.
The financial slalements are prepared in sterling, which is the functional currency of the charity. Monetary
amounts in these financial slalemenls are rounded to the nearest £.
The financial slalements have been prepared under the historical cost convenkn'on. The principal accounting
policies adopted are sel OLrt below.
1.2 Golng concern
Al the time of approving the financial slalements, the Trustees have a ￿sSonable expectation that the charity
has adequate resources lo continue in operational existence for the foreseeable future. Thus the Trw8lees
Continue lo adopt the going concern basis of accounting in preparing the financial slalemenls.
1.3 Charitable funds
Unrestricted funds are available for use al the discreb'on of the Trustees in furtherance of their charitable
objectives.
1.4 In¢ome
Income is recognised when the charrty is legally entitled to il after any performance conditions have been mel.
the amounts can be measured ￿lIably, and il is probable that income will be received.
Cash don81ions are recognised on receipt Other donations are fecognised once the charity has been notified
of the donation, unless performance conditions require deferral of the amount. Income lax recoverable in
relation to donations received under GiftAid or deeds of covenant is recognised al the time of the donation.
Lega¢ies are recognised on receipt or otherwise if the charity has been nolified of an impending dtslnbulion.
the amount is known, and receipt is expe¢ied. If the amount is not known, the legacy is treated as a
cgntingenl asset.
Assets for distribution are recognised only when distributed. Assets given for use by the charity are
re¢ognised when receivable. Stocks of undislribuled donated goods are not valueot for balance sheet
purposes.
Income received in the fomi of value in kind is recognised at fair value as the benerrt is received.
14

SALFORD CITY FC FOUNDATION
{FORMERLY KNOWN AS FOUNDATION 92)
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
Accounting polici9$
Icontlnuedl
1.5 Expenditure
Expenditure is recognised once there is a legal or constructive obligation lo transfer economic benefit lo
third party, il is probable that a transfer of economic benefits will be required in settlement, and the amount of
the obligation can be measured ￿lIablY.
Expenditure is classified by aclivily. The c051s of each activity are made up of the totsl ol dIr￿l costs and
shared costs, including support costs Involved in undertaking each activity. 01￿cl costs attributable to a single
activity are allocated directly lo that activity. Shared costs which contribute lo more than one activity and
support costs which are not attributable to a single activity are apportioned between those activit￿S on a basis
onsislenl with the use of resoUr￿S Central staff costs are allocated on the basis of time spenl. and
depreciation charges are allocated on the portion of the asset's use.
Expenditure is recognised on an accrual basis as a liability Is incurred. Expenditure includes any VAT which
cannot be fully recovered, and is reported as part of the expenditure lo which it relates.
Website
1.6 Tanglble fixed assets
Tangible fixed assets are inrtially measured at cost and subsequently measured at cost, nel of depreciation
and any impairment losses.
3 years slraighl line
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their
useful lives on the following bases.
Leasehold improvements
Fixtures and fittings
Computer equipments
Motor vehicles
Over the life of the lease
3 years slraighl line
3 years slraighl line
25'h reducing balance
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds
and the carrying value of the asset, and is recognised in the staternent of financial activi(ies.
1.7 Impalmient of fixed assets
Al each reporting end date, the charity review5 the carying amounts of rts tangible and intangible assets lo
determine whether there is any indication that those assets have suffered an impairmenl loss. If any such
indication exists. the recoverable amount of the asset is estimated in order to determine the extent of the
impairment loss lif any).
1.8 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held al c811 with banks. other short-leim liquid
investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown
within borrowings in current liabilities.
1.9 Flnanclal Instruments
The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments. and Section 12
'Other Finan¢ial Instruments Issues, of FRS 102 to all of its financial instruments
Finanual instruments are recognised in the charity's balance sheet when the charity becomes party lo the
conlraetual provisions ol the instrument.
Financial assets and liabilities are offset, with the net amounts presented In the financial ststemenls, when
there is a legally enforceable right to sel off the iecognised amounts and there is an intention lo settle on a nel
basis or to realise the asset and sellle the liability simultaneously.
15-

SALFORD CITY FC FOUNDATION
(FORMERLY KNOWN AS FOUNDATION 92)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
Accounllng policies
Icontlnued)
Basic flnancialassets
Basic financial assets, which include debtors and cash and bank balances. are initially measured at
transaction price including transaction costs and are subsequently carried al amortised cost using the effective
interest method unless the arrangement conslilules a financing transaction, where the transaction is
measured al the present value of the lulure receipts discounted al a market rate of interest. Financial assets
classified as receivable within one year are not amortised.
Basic flnancial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless
the arrangement conslilules a financing Iransaclion. where the debt instrument is measured at the present
value of the future payments discounted al a market iale of interest Financial liabilities classified as payable
wrthin one year are not amortised.
Debt inslrumenl$ are subsequently carried at amortised cost, using the effective interest rale methocl.
Trade creditors are obligations lo pay for goods or services that have been acquired in the ordinary course of
operations from suppliers. Amounts payable are classified as eurrenl liabilities il payment is due within one
year or less. If not, they are presented as non-currenl liabilities. Trade creditors are recognised initially at
transaction price and subsequently measured at amortised cost usjng the effective interest method.
De￿OgnItIOrt of financial liabililies
Financial liabilities a￿ dereeognised when the charity's contractual obligations expire or are discharged or
Cancelled.
1.10 Employee benefits
The cost ol any unused holiday enlillemenl is iecognised in the period in which the employee'$ services a
received.
Termination beneffts afe recognised immediately as an expense when the charrty Is demonstrably wmmitted
to lewminale the employment of an employee or to provide termination benelts.
1.11 Retirement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
Critical accountlng estimates and judgements
In the application of the charity's accounting Policies, the Trustees are required lo make judgemenls.
estimates and assumptions aboul the carrying arnounl of assets and Iiabililies that are not readily apparent
from other sources. The estimates and associated assumptions are based on historical experience and other
factors that are considered lo be relevant Actual ie5u115 may differ from these estimates.
The estimates and underfying assumptions are reviewed or* an ongoing basi5. Revisions lo accotjnling
eslimale5 are recognised in the period in which the eslim8te is revised where It)e revision affects rmly that
period, or in the period of the revision and future periods where the revision affects both current and futu
periods.
16-

SALFORD CITY FC FOUNDATION
(FORMERLY KNOWN AS FOUNDATION 92)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
Income from donations and legacies
Unr•$trS¢ted Restrlcted
funds
funds
2025
2025
Total Unrestricted Restricted
funds
funds
2024
2024
Total
2025
2024
Grants
Donated goods and
services
244,833
925,137 1,169,970
724,510
680.879 1,405.389
15,750
15,750
244,833
925,137 1,169,970
740.260
680.879 7.421.139
Income from other tradlng actlvltles
Unrestrictsd Unrestrictsd
funds
funds
2025
2024
Fundraising events
Sponsorships and social lotteries
463,707
24,090
145.310
126,657
Other trading activities
487.797
271,967
Other Income
Unrestrlcted Unrestrlcted
fun(Is
funds
2025
2024
Other Income
53,618
122,204
Expenditure on raising funds
Unrestricted Unrestricted
funds
funds
2025
2024
Fundralsing and publicity
Other fundraising costs
248,660
15,019
17-

SALFORD CITY FC FOUNDATION
(FORMERLY KNOWN AS FOUNDATION 92)
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
Expendlture on charftable activltles
Programme Programme
dellvery
dellvery
2025
2024
Staff costs
Facility hire
other fundraising costs
Charitable donations
Other programme delivery
Bad debt
722,615
52,629
17.772
14,099
25,247
32.165
542,648
63,975
26,000
5.241
70,612
864,527
708,476
Grant funding ol activities (see note 81
83,327
85,831
Share of support and governance costs (see note 9}
Support
Govemance
517.719
50.793
673,200
61,320
1,516,366
1,528,827
Analysis by fund
Unreslricled funds
Restricted funds
612,368
903.998
835.948
692.879
1,516.366
1,528,827
Grants payable
Programme Programme
dellvery
dellvery
2025
2024
Grants lo individuals
83,327
85.831
18

SALFORD CITY FC FOUNDATION
(FORMERLY KNOWN AS FOUNDATION 92)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED
FOR THE YEAR ENDED 31 OCTOBER 2025
Support costs
Support Govgrnancg
costs
costs
2025
Sijpport Governance
costs
costs
2024
Staff costs
Depreciation I
Amortisalion
Rent & Rates
Fundraising
Sub￿riptIons
offi￿ running costs
Insurance
Workwear
Travel & subsistence
Accounl?n¢y
311,490
311,490
465.739
465,739
16,413
101.129
20.820
3,155
30,692
10,142
3,449
8,661
11,768
16,413
101,129
20.820
3,155
30,692
10,142
3,449
8,661
11.768
21,472
38.714
14,827
4.479
63,509
10.570
5,347
35,044
13,499
21,472
38.714
14.827
4,479
63,509
10.570
5,347
35,044
13.499
Audit lees
Legal and professional
Consultancy
Bank charges and
interest
9,000
9,556
30,523
9,000
9.556
30,523
7,200
27.865
24.257
7,200
27.865
24,257
1,714
1.714
1.998
1,998
517.719
50.793
568,512
673,200
61,320
734,520
Analysed between
Charitsble aclivrties
517,719
50.793
568,512
673,200
61,320
734,520
10 Net movgmgnt In funds
2025
2024
The nel movement in funds is 51aled after chargin￿(CreditIngl'.
Fees payable lo the charity's auditor..
for the audit of the charity's financial slalemenls
for other financial services
Depreciation of owned tangible fixed assets
Amortisalion of intangible assets
Operating lease charges
9,000
11.768
16.413
7,200
13.499
20.347
1,125
38.513
101,129
11 Trustees
None of Ihe Trustees lor any persons connected wrth them) received any remunefalion or benefits fr(m the
charity during the year.
19-

SALFORD CITY FC FOUNDATION
(FORMERLY KNOWN AS FOUNDATION 92)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
12 Employees
The average monthly number of employees during the year was..
2025
Number
2024
Number
50
Employment costs
2025
2024
Wages and salaries
Social security costs
Other pension costs
Other staff costs
999,971
29,532
4,602
924,043
68,055
13.846
2,443
1,034.105
1,008.387
The number of employees whose annual remune¥ation was more than £60,000
is as follows..
2026
Number
2024
Number
£60,001- £70,000
13 Other
Unrestricted un￿strICted
funds
funds
2025
2024
Olher expendrture
12,996
17,158
12.996
17,158
14 Taxation
The tharity is exempl from laxalion on its activities because all its income is applied for charitable purposes.
-20-

SALFORD CITY FC FOUNDATION
(FORMERLY KNOWN AS FOUNDATION 92)
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
IS Tangible fixed assets
Lea88hold Flxtures and
irnprovements
frttings
Computer
equlpments
Motor
vehi¢les
Total
Cost
At 1 November 2024
Additions
3.588
1.194
3,100
1,500
43,793
2,630
65.400
115.881
5,324
Al 31 October 2025
4,782
4,600
46,423
65,400
121,205
Depreclatlon and irnpalrnient
Al 1 November 2024
Depreciation charged in the year
1,375
1,338
33,595
5,864
28,556
9,211
63,526
16,413
At 31 October 2025
2,713
39,459
37.767
79,939
Carrying amount
Al 31 October 2025
4,782
1,887
6.964
27,633
41,266
Al 31 October 2024
3.588
7,725
10,199
36,844
52,356
16 Debtors
2025
2024
Amounts falling due within one year:
Trade debtors
Piepayments and accrued income
184,985
60,002
320,554
82,498
244.987
403.052
Trade deblors provided a9ainst in the year were £32,16512024 £nill.
17 Crndltors.. amounts falllng due within one year
2025
2024
Notes
Other taxation and social security
Deferred income
Trade creditors
Other creditors
Accruals
26,911
303,260
10.886
6,564
46.251
15,391
487,757
30,921
2,459
32,214
18
393,872
568,742
21

SALFORD CITY FC FOUNDATION
(FORMERLY KNOWN AS FOUNDATION 92)
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
18 Deferred Income
2025
2024
Other deferred income
303.260
487.757
Deferred income arises due lo grant and sponsorship income received in advance of future projects. and is
included in the financial slalements as follows..
2025
2024
Deferred income is included within..
Current liabilities
303,260
487,757
Movements in the year..
Deferred income al 1 November 2024
Released from previous periods
Resources deferred in the year
487,757
1487.7571
303,260
534,542
1534,5421
487,757
Deferred income al 31 October 2025
303,260
487,757
19 Retlrement benefit schemes
2025
2024
Defined contrlbutlon schemes
Charge to profit or loss in respect of defined contribution schemes
4,602
13,846
The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the
scheme are held separately from those of the charity in an independently administered fund.
22-

SALFORD CITY FC FOUNDATION
(FORMERLY KNOWN AS FOUNDATION 92)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
20 Reslrl¢ted funds
The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust
subjecl lo specific conditions by donors as lo how they may be used.
At1
November
2024
Incoming
resources
Resources Al 31 October
expended
2026
83,328
34,209
2,653
98.182
30.000
15,600
17,760
100.000
32,667
5,800
183.3281
134,2091
12.6531
194,311)
130,000)
115.600)
11,0211
1100.0001
132.6671
15,2721
LTA Foundalion
Tameside Borough Council
EFL Foundation
Rochdale Borough Council
Stockport Council
The Football A550cialion Lld
Transport For Greater Manchester
Northern Rai￿aY
Islamic Relief
3,872
16.739
Ell
528
Trafford council
Workers educational association
BBC Children in Need
Big Life Centres
Veterans Foundations
Action Funder
BUPA Foundation
Clanon Housing Group
National Literacy Trust
National Lottery Community Fund
Premier league charitable ftjnd
78.296
20.660
41.670
200.736
19,583
10,000
16,667
24,410
12.500
10.000
70,417
178.296)
120,660)
141,6701
{200.7361
119,5831
110,000)
116,667)
124,410)
112,500)
110,0001
170,4171
925.137
1903,998)
21,139
-23-

SALFORD CITY FC FOUNDATION
(FORMERLY KNOWN AS FOUNDATION 92)
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
20 Restrlcted funds
Icontinuedl
Previous year:
At1
November
2023
Incoming
resources
Resourc8s At 31 October
expend8d
2024
LTA Foundation
JD Foundation
NFL Foundab'on
Rochdale Borough Council
Stockport Council
The Football Association Ltd
Transportlor Greater Manchester
Northem Railway
Islamic Reliel
UK Youth
UA92
BBC Children in Need
Big Life Centres
Veterans Found8tions
25,657
30,000
23,500
60,000
7.800
15,000
142,000
28,000
35.300
125.657)
130,000)
123.500)
160,000)
(7,8001
115,0001
1142,0001
128,0001
135.300)
112.000)
185,831)
120.000>
{187,791)
120,0001
12.000
85,831
20,000
187,791
20.000
12,000
680,879
1692,879)
21 Unrestrlcted funds
The unre51TiCted funds of the charity comprise the unexpended balances of donations and grants which are
not subject to specific conditions by donors and grantors as lo how they may be used. These include
designated funds which have been set aside out of unrestricted funds by the Iru5tees for specific purposes.
Incoming
resources
Resources At 31 October
exp9nded
2026
November
2024
General funds
848,283
786,248
1874,024)
760,507
Prevlous year-
At1
November
2023
Incoming
resources
Resources At 31 October
expended
2024
General funds
581,977
1,134,431
1868,1251
848,283
-24.

SALFORD CITY FC FOUNDATION
(FORMERLY KNOWN AS FOUNDATION 92)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
22 Analysis of net assets betsveen funds
Unrestrlcted
funds
2025
Restrlclèd
funds
2025
Total
2025
At 31 October 2025:
Tangible assets
Current asselsllliabililiesl
41,2e8
719,241
41,286
740,380
21.139
760,507
21,139
781,646
Unrestrlcted
funds
2024
Restricted
funds
2024
Total
2024
At 31 October 2024-
Tangible assets
Current asselsllliabilitiesl
52,356
795,927
52,356
795,927
848,283
84e.283
-25-

SALFORD CITY FC FOUNDATION
(FORMERLY KNOWN AS FOUNDATION 92)
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
23 Operating lease commltmgnts
At the reporting end dale the charity had oulslanding commitments for fuluie minimum lease payrnents under
non-cancellable operating leases, which fall due as follows..
2025
2024
thin one year
40.937
28,239
Related party Iransactions
By way of comrnon management, Salford City Football Club Limited ar￿ Old Trafford Supporters Club Limited
are relaled parties.
During the year, the chafity received donations valued £nil 12024." £15,750> and £55,750 12024.. £nll
donations-in-kind from Salford City Football Club Limited.
Dunng the year the tharily was recharged expenses from Salford City Football Club of £2,101 12024." £1,2881,
and al the year end owed Salford City Football Club £nil 12024.. £1761. The charity was recharged exp￿nSeS
from Old Trafford Supporters Club of £72712024. £nill and £70.00012024.' £nill from University Academy 92
Limited.
25 Cash labsorbed byvgenerated from operatlons
2025
2024
(Deficitllsurplus for the year
166,637>
254,306
Adjustments for:
Amortisalion and impairment of intangible assets
Depreciation and impaimienl of langiL)le fixed assets
1,125
20,347
16,413
Movgm9nts In worklng capSts1:
Deereasellincreasel in debtors
Increaselldecreasel in creditors
IDecreasel in deferred Income
158,066
9,627
1184,497}
133,633}
168,354}
146,7851
Cash {absorbed byllgeneratgd from operat5ons
167,0281
127,006
26 Analysis of changes in net funds
The char¢ly had no material debt during the year.