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MICHAELS LIMITED

Registered charity 1058938 · accounts filings on the Charity Commission register

Operation of Michael House providing accommodation for homeless men and women.Preventing homelessness by early intervention.Rebuilding lives.Promoting opportunities for independent living.

Causes: The Prevention Or Relief Of Poverty · Accommodation/housing · website · Get email alerts

Latest income
£471k
Latest spending
£461k
Registered
1996
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that total unrestricted funds increased to £1,026,975, with a net income of £10,454 for the year. The charity maintains a reserves policy target of four months of unrestricted expenditure, and its current unrestricted reserves significantly exceed this target. The independent examiner confirmed that no matters came to their attention giving cause to believe the accounts were not prepared in accordance with applicable standards.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: four months (held: £1.0m)
“The Charity seeks to retain sufficient reserves that allows it to continue to carry out it's charitable activities for a period of four months.” — page 3
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Public fundraising profile: JustGiving — Michaels Limited (matched by registered charity number).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Bournemouth · Dorset · Poole

Income and spending

Financial year endIncomeSpending
31/03/2025£471k£461k
31/03/2024£452k£383k
31/03/2023£431k£388k
31/03/2022£403k£330k
31/03/2021£382k£332k

Common questions

Is MICHAELS LIMITED financially healthy?

Per its FY2025 accounts: The accounts state that total unrestricted funds increased to £1,026,975, with a net income of £10,454 for the year. The charity maintains a reserves policy target of four months of unrestricted expenditure, and its current unrestricted reserves significantly exceed this target. The independent examiner confirmed that no matters came to their attention giving cause to believe the accounts were not prepared in accordance with applicable standards. Its FY2025 accounts were independently examined.

Who funds MICHAELS LIMITED?

Funders whose own accounts filings name MICHAELS LIMITED as a grant recipient include THE VALENTINE CHARITABLE TRUST, THE WILLIAMS CHARITABLE TRUST.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
THE VALENTINE CHARITABLE TRUSTFY2023£15k
THE WILLIAMS CHARITABLE TRUSTFY2022£12k
THE VALENTINE CHARITABLE TRUSTFY2022£10k
THE VALENTINE CHARITABLE TRUSTFY2025£0