Finance Score: 3

Governance Score: 1

Support Score: 7

Fundraising costs low: +3

Narrow trustee age band: -2
Dynamic board: +3

Grant maker support: +7

Overall GiG Score: 11

THE MONEY CHARITY

The Money Charity is the UK's financial capability (financial education) charity. We develop and deliver products and services which provide education, information and advice on money matters, in an appropriate way for young people and adults.

Analysis by Giving is Great

Positives:

There have been no material income shortfalls in recent years
Fundraising costs are low relative to funds raised
A significant proportion of recent income was derived from major grant makers including the Government
The Board appears to be dynamic in terms of composition

Regulatory & Governance issues to consider:

The Board has little diversity in terms of age
Over half the Board have joined recently

Established: 19 years

www.themoneycharity.org.uk

hello@themoneycharity.org.uk

02070628933

Charity Commission for England and Wales

Tweets

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
31/12/22	£721	£524	£197	£46	£442	£150	3.4	9	1
31/12/21	£396	£436	£-41	n/a	n/a	n/a	n/a	n/a	0
31/12/20	£273	£432	£-159	n/a	n/a	n/a	n/a	n/a	1
31/12/19	£634	£636	£-2	£70	£445	£300	5.7	9	6
31/12/18	£625	£542	£83	£46	£447	£269	5.9	8	0
31/12/17	£672	£609	£63	£67	£365	£217	4.3	9	0
31/12/16	£452	£448	£4	£0	£0	£0	n/a	0	0
31/12/15	£705	£437	£268	£6	£448	£202	5.5	8	0
31/12/14	£441	£585	£-144	£0	£0	£0	n/a	0	0
31/12/13	£692	£601	£91	£4	£325	£160	3.2	8	0
31/12/12	£577	£505	£72	£5	£234	£138	3.3	11	0
31/12/11	£478	£514	£-36	£0	£0	£0	n/a	0	0
31/12/10	£587	£476	£111	£15	£198	£45	1.1	11	0
31/12/09?	£362	£378	£-16	£0	£0	£0	n/a	0	0
31/03/08	£389	£422	£-33	£0	£0	£0	n/a	0	0
31/03/07	£327	£317	£10	£0	£0	£0	n/a	0	0
31/03/06	£512	£372	£140	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 6.3%
Fundraising Costs/Total Spending: 8.7%
Highest pay band: Less than £60,000
Liabilities/Assets: 15%
Liabilities/Income: 11%
Unrestricted Funds/Total Funds: 34%
Reserves/Spending: 3.4 months
Net Current Assets/Spending: 10 months
Quick Ratio: 6.4

Asset Split ?

Listed activities

Education/Training
The Prevention Or Relief Of Poverty

How it operates

Provides advocacy/advice/information
Provides services
Sponsors or undertakes research

Where it operates

Northern Ireland, Throughout England And Wales,

Who it helps

Children/Young People
The General Public/Mankind

Who works here?

9 employees
1 volunteer

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.

Major supporters in last 5 years

Garfield Weston Foundation	£70,000
National Lottery Community Fund	£18,901
Seafarers UK	£16,060
The MSE Charity	£14,700

Specific Donations

Amount	When Months	To be used for
The MSE Charity - Grant to The Money Charity
£7,500	29/03/2024	Funding the delivery of 15 money workshops to around 150 young people and adults with special educational needs.
National Lottery Community Fund - Financial Wellbeing Programme
£9,000	16/09/2022	The funding will be used to deliver a financial wellbeing programme for refugees. The project aims to help them live a financially healthy life in England reducing the risk of financial stress and ....more The funding will be used to deliver a financial wellbeing programme for refugees. The project aims to help them live a financially healthy life in England reducing the risk of financial stress and improving their mental wellbeing.
Garfield Weston Foundation - Main Grants award
£40,000	09/09/2022	Money Workshops to improve the financial wellbeing of young people and adults across the UK
Seafarers UK - Grant to The Money Charity
£5,100	03/03/2022	Grant funding to develop and deliver a new financial capability webinar for caseworkers, support workers and volunteers supporting the financial resilience of UK merchant seafarers.
Seafarers UK - Grant to The Money Charity
£2,200	10/06/2021	Grant funding towards costs incurred in completing the development of a financial capability training course and webinar to enhance the financial resilience of fishers.
The MSE Charity - Grant to The Money Charity
£7,200	15/04/2021	Covid Response Money Workshops for Vulnerable Young Adults across the UK
National Lottery Community Fund - Your Money and Covid
£9,901	12/03/2021 12	The funding will support people with money matters and issues like decreased household income and as such rates of financial stress and levels of household debt increasing significantly. It offers ....more The funding will support people with money matters and issues like decreased household income and as such rates of financial stress and levels of household debt increasing significantly. It offers financial education through delivery of workshops tailored to the ever-changing economic landscape. The project aims to improve mental health and well-being by reducing financial stress.
Seafarers UK - Grant to The Money Charity
£8,760	11/03/2021	Grant funding to develop and deliver a financial capability training course for fishers and a webinar on financial capability for financial 'champions' within fishing communities across the UK which ....more Grant funding to develop and deliver a financial capability training course for fishers and a webinar on financial capability for financial 'champions' within fishing communities across the UK which will empower them to support fishing families.
Garfield Weston Foundation - Main Grants award
£30,000	29/05/2019	Financial Capability Education for Less Advantaged Young People
National Lottery Community Fund - Refugee Financial Wellbeing
£9,200	31/01/2019 12	The project will develop a financial wellbeing programme aimed at supporting refugees. This will provide refugees with essential knowledge and skills whilst helping them build support networks.
Dulverton Trust - Core Support
£30,000	14/02/2018	Core Support
Garfield Weston Foundation - Main Grants award
£35,000	20/06/2017	Financial Capability Education for Less Advantaged Young People
Dulverton Trust - Core Costs
£25,000	10/06/2015	Core Costs

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Data sourced from Donors via 360 Giving

How is it governed?

Trustees (5)

Current Trustees appointed

Age Range of Trustees: 35-49

JENNIFER NORRIS Appointed: 2024, Occupation: Consultant

JONATHAN BRYAN Appointed: 2022, Occupation: Chief Of Staff, Other trusteeship: ACTION WEST LONDON,

JUSTIN BASINI (Chair) Appointed: 2021, Occupation: Ceo And Founder

LINDA ELLETT Appointed: 2017, Occupation: Partner, Kpmg

RUDI NICHOLLS Appointed: 2023, Occupation: Social Value Manager - Clarion Housing Group

Legal constitution

Charitable company registered in England & Wales on 23/11/2004, number: 1106941
Registered at Companies House on 28/09/2004, number: 05244075

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Complaints handling
Conflicting interests
Risk management
Safeguarding vulnerable beneficiaries
Volunteer management

Filing Record

17 returns made; all on time

Main office

The Money Charity
15 Prescott Place
LONDON
SW4 6BS

Objectives

THE PREVENTION OF FINANCIAL HARDSHIP IN THE UNITED KINGDOM FOR THE PUBLIC BENEFIT, IN PARTICULAR, BUT NOT EXCLUSIVELY, BY PROVIDING MONEY MANAGEMENT EDUCATION, ADVICE AND INFORMATION

Defined Area of Benefit:

NATIONAL

Data Sources