Melton Mowbray Town Estate

Analysis

Melton Mowbray Town Estate is a registered charity in England and Wales, based in Leicestershire. It was registered in August 1963, 63 years ago. Its declared purposes cover general charitable purposes, amateur sport, environment/conservation/heritage and economic/community development/employment, which this site groups under amateur sport and recreation. It says it provides buildings/facilities/open space, provides services and other charitable activities.

In the financial year ending March 2024, Melton Mowbray Town Estate reported income of £905k and spending of £545k, leaving 40% of income unspent that year. Across the 4 years on record, from March 2021 to March 2024, income grew from £531k to £905k (+70%), an average of +19% a year. The sharpest change came in the year to March 2024, when income rose by 82%. Over the whole period it spent 101% of the income it received.

Among 12,174 England and Wales charities whose main cause is amateur sport and recreation and that reported income, Melton Mowbray Town Estate sits at the 98th percentile: it is larger than about 98% of them. Against every charity in England and Wales with reported income it ranks in the 93rd percentile. Charities of a similar size with the same main cause include London Youth Games Foundation (£904k), Richmondshire Leisure Trust (£917k) and Folkestone Sports Centre Trust Limited (£904k).

In its latest detailed accounts, income came from investments 16%, charitable activities 15% and trading 12%. Charitable activities took 81% of spending and raising funds 19%. Reserves of £4.9m would cover about 109 months of spending at that rate. It employed 14 people.

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