THE MELETE FOUNDATION
Financial health, per its FY2023 accounts
The accounts state that total funds increased to £1,715,747, driven by net investment gains of £57,158, despite a net expenditure on charitable activities and governance. The unrestricted fund was overdrawn at year-end (£11,429), but the trustees note that further unrestricted donations were received after the year end to rectify this. The charity operates as a grant-giving entity with no employees and relies on investment income and trustee donations.
What the accounts disclose
“Womble Bond Dickinson (UK) LLP, a law firm, raised charges for professional services in the year totalling £1,686 (2022: £4,635). Emma Moody is a partner in Womble Bond Dickinson.” — page 14
Structured financials (annual return, FY ending 31/12/2021)
Trustees
- JOHN ALEXANDER RAYMOND CHISHOLMchair
- CATHERINE ALEXANDRA CHISHOLM
- Imran Ali
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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?
The accounts state that total funds increased to £1,715,747, driven by net investment gains of £57,158, despite a net expenditure on charitable activities and governance. The unrestricted fund was overdrawn at year-end (£11,429), but the trustees note that further unrestricted donations were received after the year end to rectify this. The charity operates as a grant-giving entity with no employees and relies on investment income and trustee donations. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DEBMAR BENEVOLENT TRUST LIMITED | 1 | £190k |
| SF FOUNDATION | 1 | £33k |
| THE KNIGHTLAND FOUNDATION | 1 | £30k |