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.

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.

Area of benefit: NATIONAL

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

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

Registered contact address: Newham, London, England (from the postcode on the register)

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 (reserves figure: £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.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

From the charity’s annual return (Part A, self-declared)

Answers and figures the charity gave in Part A of its annual return to the Charity Commission. They are self-declared: not verified by the Commission or by this site. Only positive answers and figures are listed; items not listed are simply not shown.

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)

Source: this charity’s annual returns on the Charity Commission register.

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).

Due and received dates as recorded in the Commission’s annual-return data; the data does not say whether an extension was agreed. Source: this charity’s annual returns on the Charity Commission register.

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 Fund01/07/2026£235k"Cornerstone: Race, Housing and Community Power in Britain"
City Bridge Foundation01/10/2024£19kGrant to Olmec
City Bridge Foundation05/01/2023£38kGrant to Olmec
City Bridge Foundation02/12/2010£128kGrant to Olmec
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 VOLUNTEERING MATTERS.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
OLMEC£242k—0unclear—no doubt
VOLUNTEERING MATTERS FY2025£5.7m——below—material uncertainty
SUPPORTING COMMUNITIES FY2025£176k—0unclear—no doubt
MILLES CHARITABLE FOUNDATION LIMITED FY2025£587k—0above—no doubt
VOLUNTARY SECTOR CENTRES FY2025£1.7m—0above—no doubt
HEMMINGWELL COMMUNITY AND SKILLS CENTRE CIO FY2025£108k——unclear—no doubt

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