THE MICHAEL HELLER CHARITABLE FOUNDATION
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves of £694,673 were maintained at 31 May 2025, which the trustees consider sufficient to cover 6 to 12 months of expenditure in line with their policy. The charity reported a net movement in funds of £50,969 for the year, supported by investment income of £270,861, while charitable grants awarded totaled £87,241.
What the accounts disclose
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between six and twelve month’s expenditure.” — page 4
“During the year, Nicola Blake (Daughter of Morven Heller) was employed by the charity. She received remuneration of £24,420 (2024: £11,498).” — page 20
“Included in other debtors are five loans totalling £200,000 (2024: £200,000) to connected parties at an interest rate of 11% during the year interest amounting to £22,000 (2024: £22,000) was received.” — page 20
“During the year, Nicola Blake (Daughter of Morven Heller) was employed by the charity. She received remuneration of £24,420 (2024: £11,498).” — page 20
“Included in other debtors are five loans totalling £200,000 (2024: £200,000) to connected parties at an interest rate of 11% during the year interest amounting to £22,000 (2024: £22,000) was received.” — page 20
“During the year, Nicola Blake (Daughter of Morven Heller) was employed by the charity. She received remuneration of £24,420 (2024: £11,498).” — page 20
“Included in other debtors are five loans totalling £200,000 (2024: £200,000) to connected parties at an interest rate of 11% during the year interest amounting to £22,000 (2024: £22,000) was received.” — page 20
Trustees
- ANDREW ROBERT HELLER
- JOHN ALEXANDER HELLER
- LADY MORVEN HELLER
- W S TRUSTEE COMPANY LIMITED
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £271k | £183k |
| 31/05/2024 | £273k | £159k |
| 31/05/2023 | £269k | £212k |
| 31/05/2022 | £238k | £341k |
| 31/05/2021 | £387k | £213k |
Common questions
Is THE MICHAEL HELLER CHARITABLE FOUNDATION financially healthy?
The accounts state that unrestricted reserves of £694,673 were maintained at 31 May 2025, which the trustees consider sufficient to cover 6 to 12 months of expenditure in line with their policy. The charity reported a net movement in funds of £50,969 for the year, supported by investment income of £270,861, while charitable grants awarded totaled £87,241. Its FY2025 accounts were audited by Hart Shaw LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| Evergreen Care UK | 1 | £500 |