OLMEC
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.
Objects
I) THE RELIEF OF SICKNESS GENERALLY AND IN PARTICULAR BUT NOT SO AS TO LIMIT THE GENERALITY OF THE FOREGOING THE PROVISION OF NURSING CARE AND THE PRESERVATION AND PROTECTION OF THE HEALTH OF THE PUBLIC, THE PREVENTION AND RELIEF OF ILL HEALTH, THE PROMOTION AND IMPROVEMENT OF HEALTH AND A REDUCTION IN HEALTH INEQUALITIES,II) THE RELIEF OF POVERTY IN SUCH WAYS AS MAY BE THOUGHT FIT.IV) THE RELIEF OF UNEMPLOYMENT IN SUCH WAYS AS MAY BE THOUGHT FIT, INCLUDING ASSISTANCE TO FIND EMPLOYMENT,V) ADVANCEMENT OF EDUCATION, TRAINING OR RETRAINING, PARTICULARLY AMONG UNEMPLOYED PEOPLE, AND PROVIDING UNEMPLOYED PEOPLE WITH WORK EXPERIENCE,VII) THE PROVISION OR ASSISTANCE IN THE PROVISION OF RECREATIONAL FACILITIES FOR THE PUBLIC AT LARGE AND/OR THOSE WHO, BY REASONS OF THEIR YOUTH, AGE, INFIRMITY OR DISABLEMENT, POVERTY OR SOCIAL AND ECONOMIC CIRCUMSTANCES, HAVE NEED OF SUCH FACILITIES,VIII) SUCH OTHER MEANS AS MAY FROM TIME TO TIME BE DETERMINED SUBJECT TO THE PRIOR CONSENT OF THE CHARITY COMMISSIONERS FOR ENGLAND AND WALES.
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.
What the accounts disclose
“The trustees believe that the desired level of the reserves should be the equivalent of two months to six months operating costs”
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2025
- Employees paid over £60,000: 1 (£60,001–£70,000: 1)
Self-declared on the annual return for the financial year ending 31/03/2024
- Government income: £307,807 — contracts £307,807 (7); 97% of the £318,341 total gross income on the same return
- Employees paid over £60,000: 1 (£60,001–£70,000: 1)
Self-declared on the annual return for the financial year ending 31/03/2023
- Government income: £177,576 — contracts £177,576 (8); 69% of the £258,061 total gross income on the same return
- Employees paid over £60,000: 1 (£60,001–£70,000: 1)
Annual return filing dates (Charity Commission record)
Of its last 5 annual returns with a recorded received date, 1 was received after the due date: year ending 31/03/2023 (received 05/02/2024, 5 days after the 31/01/2024 due date).
Trustees
- Emmauel Kayode Oshin
- Jason Bowen
- Leah Monica Pemberton
- Malaly Zaheer
- Rowena Richards
- Simon Paul Macey
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 01/07/2026 | £235k | "Cornerstone: Race, Housing and Community Power in Britain" |
| City Bridge Foundation | 01/10/2024 | £19k | Grant to Olmec |
| City Bridge Foundation | 05/01/2023 | £38k | Grant to Olmec |
| City Bridge Foundation | 02/12/2010 | £128k | Grant to Olmec |
| The National Lottery Heritage Fund | 07/04/2006 | £5k | "This Group Is Committed To Creating Lasting Positive Social Change By Bringing Opportunities And Investment To Disadvantaged Communities. Th" |
| The National Lottery Community Fund | 05/04/2006 | £5k | Total Equality System |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| WALES COUNCIL FOR VOLUNTARY ACTION | 1 | £688k |
| IMPETUS - THE PRIVATE EQUITY FOUNDATION | 1 | £400k |
| THE YOUTH ENDOWMENT FUND CHARITABLE TRUST | 1 | £337k |
| THE JECDA FOUNDATION | 1 | £314k |
| CHK Foundation | 1 | £107k |
| THE ROAN CHARITABLE TRUST | 1 | £95k |
| THE CHRISTOPHER AND HENRY OLDFIELD TRUST | 1 | £75k |
| PEACOCK CHARITABLE TRUST | 1 | £44k |
Charities like this
- VOLUNTEERING MATTERS
- SUPPORTING COMMUNITIES
- MILLES CHARITABLE FOUNDATION LIMITED
- VOLUNTARY SECTOR CENTRES
- HEMMINGWELL COMMUNITY AND SKILLS CENTRE CIO
- OSEL ENTERPRISES LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| OLMEC | £242k | — | 0 | unclear | — | no doubt |
| VOLUNTEERING MATTERS | £5.7m | — | — | below | — | material uncertainty |
| SUPPORTING COMMUNITIES | £176k | — | 0 | unclear | — | no doubt |
| MILLES CHARITABLE FOUNDATION LIMITED | £587k | — | 0 | above | — | no doubt |
| VOLUNTARY SECTOR CENTRES | £1.7m | — | 0 | above | — | no doubt |
| HEMMINGWELL COMMUNITY AND SKILLS CENTRE CIO | £108k | — | — | unclear | — | no doubt |