THE MILES FOUNDATION
grant making, relief of poverty, education
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
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.