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THE MELETE FOUNDATION

Registered charity 1175279 · accounts filings on the Charity Commission register

Makes grants

Causes: General Charitable Purposes · Grant history (this charity is a funder) · Get email alerts

Latest income
£157k
Latest spending
£61k
Registered
2017
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity held £1,935,834 in total reserves at year-end, with £1,820,657 held in investments. The trustees report a nil level of free reserves, noting that the expendable endowment provides a flexible base for ongoing activities. The charity reported a net increase in funds of £220,087, driven largely by investment gains.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: The Trustees do not consider it necessary for the charity to hold free reserves, given the flexible nature of the expendable endowment.
“The Trustees do not consider it necessary for the charity to hold free reserves, given the flexible nature of the expendable endowment.”
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: Melete Energy Limited
“Subsequent to the year end, the Charity incorporated a new, wholly owned trading subsidiary, Melete Energy Limited (company number 16557435). The company is currently dormant.” — page 13
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Corporate structure

MELETE ENERGY LIMITED — per its own Companies House accounts
  • Change of accounting reference date

Structured financials (annual return, FY ending 31/12/2021)

Total income
£732k
Total spending
£17k
Reserves (reported)
£7k
Employees
0

Reported reserves equal ~5.1 months of spending — below the median for charities its size (median 7.0 months; benchmarks).

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (2.9%) (benchmarks).

Trustees · trustee networks

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£157k£61k
31/12/2023£46k£59k
31/12/2022£109k£37k
31/12/2021£732k£17k
31/12/2020£5k£12k

Common questions

Is THE MELETE FOUNDATION financially healthy?

Per its FY2024 accounts: The accounts state that the charity held £1,935,834 in total reserves at year-end, with £1,820,657 held in investments. The trustees report a nil level of free reserves, noting that the expendable endowment provides a flexible base for ongoing activities. The charity reported a net increase in funds of £220,087, driven largely by investment gains. Its FY2024 accounts were independently examined.

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.

FunderSimilar charities fundedAmount to them
DEBMAR BENEVOLENT TRUST LIMITED1£314k
THE KNIGHTLAND FOUNDATION1£80k
SF FOUNDATION1£33k
THE TIM HENMAN FOUNDATION1£9k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with MEKADSHEI SHEVEI CHARITABLE TRUST.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE MELETE FOUNDATION£157k—0unclear—no doubt
MEKADSHEI SHEVEI CHARITABLE TRUST FY2025£156k—0unclear—no doubt
THE HERITAGE FOUNDATION FY2025£463k—0above—no doubt
MW (GK) FOUNDATION FY2024£261kUnder £60,0000unclear—no doubt
THE HARGREAVES FOUNDATION FY2025£1.3m£110,001 - £120,000—above—no doubt
THE MILES MORLAND FOUNDATION FY2025£235k——within—no doubt

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