The Metro Centre Ltd

Analysis

The Metro Centre Ltd is a registered charity in England and Wales, based in Taunton. It was registered in July 1998, 28 years ago. Its declared purposes cover general charitable purposes, education/training, the advancement of health or saving of lives and the prevention or relief of poverty, which this site groups under health and saving lives. Legally it is a charitable company (Companies House number 02716101). It says it makes grants to individuals, provides human resources and provides buildings/facilities/open space.

In the financial year ending March 2024, The Metro Centre Ltd reported income of £4.5m and spending of £5.1m, spending 112% of what it took in. Across the 4 years on record, from March 2021 to March 2024, income fell from £5.5m to £4.5m (-17%), an average of -6.2% a year. Over the whole period it spent 103% of the income it received.

Among 24,651 England and Wales charities whose main cause is health and saving lives and that reported income, The Metro Centre Ltd sits at the 96th percentile: it is larger than about 96% of them. Against every charity in England and Wales with reported income it ranks in the 98th percentile. Charities of a similar size with the same main cause include Invictus Games Foundation (£4.5m), Cyfannol Women's Aid (£4.5m) and Blackburn U.k. Trust (£4.5m).

In its latest detailed accounts, income came from charitable activities 98%. Charitable activities took 99% of spending and raising funds 0.0%. Reserves of £1.1m would cover about 3 months of spending at that rate. It employed 94 people.

Data notes from the register: The regulator lists this charity's latest annual return or accounts as overdue. The register marks this charity as insolvent.