Finance Score: 2

Governance Score: -3

Support Score: 9

Strong growth: +2
No PartB

Static board: -3

Large volunteer base +3
Overall weighted support: +6

Overall GiG Score: 8

ST PAUL'S MONEY ADVICE CENTRE

Alleviation of poverty through the provision of free money advice to any person requiring help or support with any aspect of personal finance including debt by the provision of services, advocacy, advice and information.

Analysis by Giving is Great

Positives:

This charity has been successful in attracting volunteers relative to its size
There has been strong growth in spending over the last 5 years
A significant proportion of recent income was derived from major grant makers

Regulatory & Governance issues to consider:

The Board composition appears to be rather static

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 £k	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/12/23		£141	£153	£-13	n/a	n/a	n/a	n/a	n/a	n/a
31/12/22		£148	£159	£-11	n/a	n/a	n/a	n/a	n/a	n/a
31/12/21		£113	£55	£57	n/a	n/a	n/a	n/a	n/a	n/a
31/12/20		£49	£55	£-6	n/a	n/a	n/a	n/a	n/a	n/a
31/12/19		£72	£47	£25	n/a	n/a	n/a	n/a	n/a	n/a
31/12/18		£41	£46	£-5	n/a	n/a	n/a	n/a	n/a	n/a
31/12/17		£48	£45	£3	n/a	n/a	n/a	n/a	n/a	n/a
31/12/16		£55	£55	£0	n/a	n/a	n/a	n/a	n/a	n/a
31/12/15		£64	£52	£12	n/a	n/a	n/a	n/a	n/a	n/a
31/12/14		£60	£75	£-15	n/a	n/a	n/a	n/a	n/a	n/a
31/12/13		£59	£57	£2	n/a	n/a	n/a	n/a	n/a	n/a
31/12/12	*	£37	£20	£17	n/a	n/a	n/a	n/a	n/a	n/a
31/12/11		£7	£2	£5	n/a	n/a	n/a	n/a	n/a	n/a
31/12/10		£11	£11	£0	n/a	n/a	n/a	n/a	n/a	n/a
31/12/09		£0	£12	£-11	n/a	n/a	n/a	n/a	n/a	n/a
31/12/08		£0	£0	£0	n/a	n/a	n/a	n/a	n/a	n/a
31/12/07		£0	£0	£0	n/a	n/a	n/a	n/a	n/a	n/a
31/12/06		£0	£9	£-9	n/a	n/a	n/a	n/a	n/a	n/a
31/12/05		£4	£0	£4	n/a	n/a	n/a	n/a	n/a	n/a
31/12/04		£0	£8	£-8	n/a	n/a	n/a	n/a	n/a	n/a

Show more rows -->

Show financials table -->

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Highest pay bracket: less than £60,000

Established: 58 years

www.spmac.org.uk

hammersmith@crosslightadvice.org

0300 373 1180

Charity Commission for England and Wales

Tweets

Listed activities

The Prevention Or Relief Of Poverty

GiG Classification

Legal & financial advice

How it operates

Provides advocacy/advice/information
Provides services

Where it operates

Throughout London,

Who it helps

The General Public/Mankind

Who supports them? ?

Donations from Grant Makers ?

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

Major supporters in last 5 years

Trust for London	£97,500
Hammersmith United Charities	£7,267
Wates Foundation	£7,000

Specific Donations

Amount	When Months	To be used for
Wates Foundation - St Paul's MAC - Debt Advice NWF 2023
£7,000	05/10/2023	Core costs: SPMAC works in partnership with the charity Crosslight Advice (charity number 1163306) and fulfils its mission through the joint operation of the Crosslight branch in Hammersmith, known as Crosslight Hammersmith. We see clients face to ....more Core costs: SPMAC works in partnership with the charity Crosslight Advice (charity number 1163306) and fulfils its mission through the joint operation of the Crosslight branch in Hammersmith, known as Crosslight Hammersmith. We see clients face to face in Hammersmith, Shepherds Bush and Fulham and also offer phone appointments to clients for whom that is preferable. We seek to help those who are experiencing extreme hardship as they are suffering under the burden of debt. We work to lift people out of poverty and help them build a better future. We are an approved agency for LBHF Housing & Council Tax Departments and have a formal partnership with the Rent Income team.
Trust for London - St Paul's Money Advice Centre
£7,500	29/09/2022	This is a cost of living uplift for grant reference 360G-trustforlondon-MAIN-S2-05.10.2021-9324
Trust for London - St Paul's Money Advice Centre
£90,000	09/02/2022	This funding is for 1 FTE qualified debt advice Case Manager. This will (a) support existing capacity, particularly in East Hounslow through our network partner, where demand is growing and (b) increase our capacity across our service area by ....more This funding is for 1 FTE qualified debt advice Case Manager. This will (a) support existing capacity, particularly in East Hounslow through our network partner, where demand is growing and (b) increase our capacity across our service area by sourcing additional case manager hours.
Hammersmith United Charities - Increase capacity to meet additional demand for debt and money advice for people in debt due to COVID 19.
£7,267	01/05/2020	Towards case manager salary and associated costs to increase capacity.
Trust for London - St Paul's Money Advice Centre
£60,000	20/02/2019 36	The funding is to help fund the core running cost including the salary of the Centre Manager, who is the only full-time employee, in order to continue to provide debt and money advice to those in need and provide good support to volunteers.

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (7)

Current Trustees appointed

Gender Split

DANIEL PAUL ROLLES Appointed: 2019

FRANCIS SEYMOUR HARDY ELLISON (Chair) Appointed: 2011

JUDITH SARA THOMAS Appointed: 2015

JUSTIN RICHARD JOCELYN THOMAS Appointed: 2017

ROSEMARY BROWN Appointed: 2011

STEPHEN ALFA HOWELL IVOR RICHARDS Appointed: 2012

THOMAS CONAN TREMETHICK MCKENZIE Appointed: 2019

Legal constitution

Charity registered in England & Wales on 16/11/1966, number: 250015

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Complaints handling
Complaints policy and procedures
Conflicting interests
Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Internal risk management policy and procedures
Paying staff
Risk management
Safeguarding policy and procedures
Safeguarding vulnerable beneficiaries
Serious incident reporting policy and procedures
Social media policy and procedures
Trustee conflicts of interest policy and procedures
Volunteer management

Filing Record

20 returns made; AR12: 69 days late,

Main office

St. Pauls Church
Queen Caroline Street
London
W6 9PJ

Objectives

THE OBJECTS OF THE CHARITY ARE THE PREVENTION OR RELIEF OF POVERTY OR FINANCIAL HARDSHIP FOR THE PUBLIC BENEFIT IN PARTICULAR BY PROVIDING ADVICE, EDUCATION, PRACTICAL ASSISTANCE OR SUPPORT TO THOSE IN DEBT OR FINANCIAL DIFFICULTY IN GREATER LONDON.

Defined Area of Benefit:

GREATER LONDON

Data Sources

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