OLMEC

Registered charity 1100007 · accounts filings on the Charity Commission register

Developing the capacity and sustainability of community based organisations and social enterprises.Promoting community led initiatives.Brokering business support and investment into local communities.Delivering employment, training and work placement opportunities.Enabling local people to develop appropriate skills to influence change.Facilitating sharing of best practice.

Causes: General Charitable Purposes · Education/training · The Prevention Or Relief Of Poverty · Arts/culture/heritage/science · Environment/conservation/heritage · Economic/community Development/employment · website · Get email alerts

Latest income
£242k
Latest spending
£269k
Registered
2003
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity generated £242,172 in income and incurred a deficit of £27,047 for the year ended 31 March 2025. Per the trustees' report, unrestricted reserves stood at £104,000, which the trustees describe as strong and sufficient to fund future programmes.

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

What the accounts disclose

Reserves policy: two months to six months operating costs (held: £104k)
The trustees believe that the desired level of the reserves should be the equivalent of two months to six months operating costs
Per its FY2025 accounts as filed with the Charity Commission.

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

Public profiles (found on the charity’s own website): facebook · instagram · linkedin

Trustees · trustee networks

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

Operates in: Throughout London

Income and spending

Financial year endIncomeSpending
31/03/2025£242k£269k
31/03/2024£318k£315k
31/03/2023£258k£219k
31/03/2022£204k£196k
31/03/2021£204k£198k

Common questions

Is OLMEC financially healthy?

Per its FY2025 accounts: The accounts state that the charity generated £242,172 in income and incurred a deficit of £27,047 for the year ended 31 March 2025. Per the trustees' report, unrestricted reserves stood at £104,000, which the trustees describe as strong and sufficient to fund future programmes. Its FY2025 accounts were independently examined.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Heritage Fund07/04/2006£5k"This Group Is Committed To Creating Lasting Positive Social Change By Bringing Opportunities And Investment To Disadvantaged Communities. Th"
The National Lottery Community Fund05/04/2006£5kTotal Equality System

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with ONGO COMMUNITIES LIMITED.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
OLMEC£242k0unclearno doubt
ONGO COMMUNITIES LIMITED FY2025£1.9m0unclearno doubt
COMMUNITY ORGANISERS LIMITED FY2023£297k0belowno doubt
OMEGA COMMUNITY LIVING LIMITED FY2024£764k0unclearno doubt
THE MOSS SIDE AND HULME COMMUNITY DEVELOPMENT TRUST FY2025£356k0unclearno doubt
OXFORD COMMUNITY WORK AGENCY LIMITED FY2025£266k0unclearno doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.