MELDRUM FOUNDATION
To provide the relief of those in need, by reason of youth, age, ill-health, disability, financial hardship or other exclusively charitable purpose in the counties of Northumberland, Tyne and Wear, Durham, Cleveland, ("North East") by providing grants, items and services to individuals and/or charities/organisations in need and aligned to Meldrum Foundation charitable objectives.
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds decreased to £1,203, which is below the charity's stated reserves policy target of £2,000. The charity reported a net expenditure of £3,405 for the year, funded by donations and fundraising activities.
What the accounts disclose
“The Charity should aim to maintain a minimum reserve of £2,000 to cover any fixed costs that fundraising income would not cover.” — page 5
“David Meldrum, trustee, is a director of Meldrum Construction Services Limited. At 30 November 2024 a balance of £8,093 (2023 - £16,320) was owed by the charity to Meldrum Construction Services Limited, in respect of payments made on behalf of the charity.” — page 16
Corporate structure
- Registered company of the charity Companies House 10792668
Company officers (Companies House)
- MELDRUM, Michelle on trustee list
- METCALF, Susan Ann on trustee list
- JAMES, Cheryl Lea not on trustee list
- MELDRUM, David Martin not on trustee list
Trustees
- Cheryl Lea Brannighan Mrschair
- Michelle Louise Meldrum
- Susan Ann Metcalf
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/11/2025 | £56k | £52k |
| 30/11/2024 | £67k | £70k |
| 30/11/2023 | £44k | £44k |
| 30/11/2022 | £29k | £35k |
| 30/11/2021 | £2k | £17k |
Common questions
Is MELDRUM FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted funds decreased to £1,203, which is below the charity's stated reserves policy target of £2,000. The charity reported a net expenditure of £3,405 for the year, funded by donations and fundraising activities. Its FY2024 accounts were independently examined.