THE MILES FOUNDATION
grant making, relief of poverty, education
Objects
THE OBJECTS OF THE CHARITY (‘THE OBJECTS’) ARE TO MAKE GRANTS TO ADVANCE SUCH CHARITABLE PURPOSES (ACCORDING TO THE LAW OF ENGLAND AND WALES) AS THE TRUSTEES SEE FIT FROM TIME TO TIME IN PARTICULAR BUT NOT LIMITED TO;(A) PROMOTING FOR THE BENEFIT OF THE PUBLIC THE CONSERVATION PROTECTION AND IMPROVEMENT OF THE PHYSICAL AND NATURAL ENVIRONMENT.(B) THE PREVENTION OR RELIEF OF POVERTY IN THE UNITED KINGDOM AND OVERSEAS BY PROVIDING: GRANTS, ITEMS AND SERVICES TO INDIVIDUALS IN NEED AND/OR CHARITIES, OR OTHER ORGANISATIONS WORKING TO PREVENT OR RELIEVE POVERTY.(C) TO ASSIST IN THE TREATMENT AND CARE OF PERSONS SUFFERING FROM MENTAL OR PHYSICAL ILLNESS OF ANY DESCRIPTION OR IN NEED OF REHABILITATION AS A RESULT OF SUCH ILLNESS, BY THE PROVISION OF FACILITIES FOR WORK AND RECREATION AND MAKING GRANTS TO FURTHER MEDICAL AND SCIENTIFIC RESEARCH IN THIS AREA.(D) THE ADVANCEMENT OF THE ARTS FOR THE PUBLIC BENEFIT.(E) FOR OR TOWARDS SAVING LIVES AT SEA.
Financial health, per its FY2025 accounts
The accounts state that the charity generated a net surplus of £13,547 for the year ended April 2025, with total income of £28,222. Reserves stood at £960,171, representing a significant increase from the previous year's £1,002,118 (note: the balance sheet shows a decrease in total assets/reserves from 1,002,118 to 960,171 despite the surplus, likely due to investment valuation changes or other adjustments not fully detailed in the summary). The trustees report that donations made exceeded 60% of net income, indicating active charitable distribution.
What the accounts disclose
Policies the charity declares
- Conflicting interests
- 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
- Risk management
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- Elizabeth Anne Mileschair
- Laura Alexandra Elizabeth Miles
- Thomas Frederick David Miles
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £28k | £20k |
| 05/04/2024 | £26k | £18k |
| 05/04/2023 | £19k | £7k |
| 05/04/2022 | £8k | £3k |
| 05/04/2021 | £0 | £0 |
Common questions
Is THE MILES FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated a net surplus of £13,547 for the year ended April 2025, with total income of £28,222. Reserves stood at £960,171, representing a significant increase from the previous year's £1,002,118 (note: the balance sheet shows a decrease in total assets/reserves from 1,002,118 to 960,171 despite the surplus, likely due to investment valuation changes or other adjustments not fully detailed in the summary). The trustees report that donations made exceeded 60% of net income, indicating active charitable distribution.