Finance Score: 2

Governance Score: 3

Support Score: 5

Strong growth: +2
No PartB

Gender balanced board: +3

Large volunteers +3
Grant maker support: +2

Overall GiG Score: 10

TAUNTON AREA DEBT ADVICE

Giving free impartial debt advice to clients based on the individual needs of each client and may include debt management plans, insolvency solutions and budgeting education.

Analysis by Giving is Great

Positives:

This charity has been successful in attracting volunteers relative to its size
The charity has received backing from several prominent grant makers recently
There has been strong growth in spending over the last 5 years
There have been no income shortfalls in recent years

Financial issues to consider:

A PartB annual return has not been required and so detailed financial information is not available from the online data

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E		Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/03/23		£20	£9	£11	n/a	n/a	n/a	n/a	n/a	5
31/03/22		£7	£5	£2	n/a	n/a	n/a	n/a	n/a	5
31/03/21		£10	£7	£3	n/a	n/a	n/a	n/a	n/a	10
31/03/20		£9	£7	£2	n/a	n/a	n/a	n/a	n/a	5
31/03/19		£4	£3	£1	n/a	n/a	n/a	n/a	n/a	8
31/03/18		£3	£2	£0	£0	£0	£0	n/a	0	0
31/03/17		£3	£2	£0	£0	£0	£0	n/a	0	0
31/03/16	*	£2	£1	£0	£0	£0	£0	n/a	0	0

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Download accounts

Highest pay bracket: less than £60,000

Established: 9 years

www.tada.org.uk

admin@tada.org.uk

07921526087

Charity Commission for England and Wales

Listed activities

The Prevention Or Relief Of Poverty

GiG Classification

Social & legal advocacy

How it operates

Provides advocacy/advice/information
Provides services

Where it operates

Somerset,

Who it helps

The General Public/Mankind

Who works here?

Unknown number of employees
5 volunteers

Who's supporting them? ?

Donations from Grant Makers ?

We have details on the following significant donations. Multi-year donations are allocated to the years for which they are earmarked.

Specific Donations

Amount	When Months	To be used for
Somerset Community Foundation - Building the capacity of a specialist debt advice service
£5,000	10/10/2022	Grant to Taunton Area Debt Advice
Somerset Community Foundation - COVID19 Remote provision of debt advice to vulnerable people
£1,250	07/05/2020	Enabling the provision of remote debt advice to vulnerable people during coronavirus
Somerset Community Foundation - New Office and Training Project
£2,500	24/09/2019 15	Training for local debt advisers

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (3)

Current Trustees appointed

Gender Split

JANET GILLETT Appointed: 2021

PHILIP BEDFORD Appointed: 2018

REV STEVEN REED (Chair) Appointed: 2018, Other trusteeship: ABLE 2 ACHIEVE TRUST LTD,

Legal constitution

Charity registered in England & Wales on 22/06/2015, number: 1162324

Gift Aid

Registered with HMRC for Gift Aid

Other Regulators

Financial Conduct Authority

Policies in force

Complaints handling
Conflicting interests
Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Internal risk management policy and procedures
Risk management
Safeguarding policy and procedures
Safeguarding vulnerable beneficiaries
Volunteer management

Filing Record

8 returns made; AR16: 31 days late,

Main office

St Mary's House
Magdalene Street
Taunton
Somerset
TA1 1SB

Objectives

OBJECTSTHE OBJECTS OF THE CIO ARE THE RELIEF OF FINANCIAL HARDSHIP OR POVERTY AMONGST PERSONS IN THE SOMERSET AREA BY ANY SUCH MEANS THAT ARE EXCLUSIVELY CHARITABLE AT LAW, PARTICULARLY BUT NOT EXCLUSIVELY BY PROVIDING DEBT COUNSELLING AND ADJUSTING SERVICES, ADVICE AND ASSISTANCE IN FINANCIAL MATTERS.

Defined Area of Benefit:

LOCAL

Data Sources