Meridian Wellbeing
A Charity specialising in wellbeing and mental health services for all ethnicities. We work across the Greater London and have a strong local presence in the London Borough of Barnet.
Financial health, per its FY2025 accounts
The accounts state that the charity generated an operating surplus of £15,792 for the year ended 31 March 2025, with total incoming resources of £676,529 against resources expended of £660,737. The trustees report that unrestricted funds are held in interest-bearing deposit accounts to meet liquidity requirements, and they consider there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The management committee has established a policy of working towards maintaining unrestricted funds of between 3 and 6 months” — page 7
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- SHUN AU OBEchair
- Chi Wai Lu
- Dr STEPHEN CHEE-CHEUNG HIEW
- Pek-Lian Watt
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £685k | £661k |
| 31/03/2024 | £691k | £655k |
| 31/03/2023 | £696k | £650k |
| 31/03/2022 | £527k | £475k |
| 31/03/2021 | £484k | £437k |
Common questions
Is Meridian Wellbeing financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated an operating surplus of £15,792 for the year ended 31 March 2025, with total incoming resources of £676,529 against resources expended of £660,737. The trustees report that unrestricted funds are held in interest-bearing deposit accounts to meet liquidity requirements, and they consider there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Sport England | 29/02/2024 | £15k | Meridian Sports Programme |
| City Bridge Foundation | 26/03/2020 | £261k | Grant to Meridian Wellbeing |
| The National Lottery Community Fund | 16/12/2014 | £468k | The Chinese Wellbeing Service |
| City Bridge Foundation | 31/05/2012 | £120k | Grant to Meridian Wellbeing |
| The National Lottery Heritage Fund | 04/03/2010 | £220k | "An Oral History of Chinatown in Britain" |
| The National Lottery Community Fund | 14/10/2009 | £348k | Chinese Befriending and Social Club Project for Mental Health |
| The National Lottery Community Fund | 09/01/2007 | £10k | Chinese Mental Health Issues in Britain - 10 years On - Publication Project |
| The National Lottery Heritage Fund | 23/06/2005 | £50k | "Oral History Project" |
| London Borough of Barnet | — | £4k | Grant Payments |
| London Borough of Barnet | — | £4k | Grant Payments |