Finance Score: 5
Governance Score: 6
Support Score: 13
  • Strong growth: +2
  • Fundraising costs low: +3
  • Dynamic board: +3
  • Gender balanced board: +3
  • Large volunteers +3
  • Grant maker support: +10
Overall GiG Score: 24 ?

CROSSLIGHT ADVICE 

Crosslight Advice is an independent, community-focused charity working to alleviate poverty through the provision of comprehensive debt advice and accessible financial education. Our services are provided free of charge, and we offer in-depth face-to-face debt advice, money education, practical assistance and ongoing mentoring to anyone who needs it, regardless of background or circumstance.
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
  • 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 well diversified in terms of gender and dynamic in terms of composition
Established: 9 years

www.crosslightadvice.org

info@crosslightadvice.org

02070520318

Charity Commission for England and WalesInstagramX
UN SDGs
?

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£727£640£87£47£403£2965.518180
31/12/21£531£471£60£44£316£2797.115120
31/12/20£440£314£126n/an/an/an/an/a186
31/12/19£290£240£50n/an/an/an/an/a123
31/12/18£189£195£-6£0£0£0n/a0150
31/12/17£198£164£35£0£0£0n/a00
31/12/16£165£115£50£0£0£0n/a00

Financial Ratios
Fundraising Costs/Relevant Income: 6.5%
Fundraising Costs/Total Spending: 7.3%
Highest pay band: Less than £60,000
Liabilities/Assets: 7%
Liabilities/Income: 4%
Unrestricted Funds/Total Funds: 73%
Reserves/Spending: 5.5 months
Net Current Assets/Spending: 8 months
Quick Ratio: 14.3
Asset Split ?
Listed activities
  • The Prevention Or Relief Of Poverty
How it operates
  • Provides advocacy/advice/information
Where it operates
  • Throughout England,
Who it helps
  • The General Public/Mankind
Who works here?
  • 18 employees
  • 180 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.

Major supporters in last 5 years
Henry Smith Charity£296,300
City Bridge Trust£119,365
Walcot Foundation£78,095
Garfield Weston Foundation£75,000
Tudor Trust£62,000
The Fore£56,688
National Lottery Community Fund£15,721
Specific Donations
Amount When
Months
To be used for
National Lottery Community Fund - Increased engagement earlier!
£9,871 02/12/2022
This project will support people in the community with debt advice. It offers holistic person-centred debt casework service with mentoring and money skills. The project will allow the group to ....more
Walcot Foundation - Cost of Living Top-Up Grant
£5,000 18/11/2022
Cost of Living Top Up Grant awarded to support small/medium-size organisations with additional costs incurred due to the cost of living crisis.
Walcot Foundation - Crosslight - Lambeth
£73,095 20/07/2022
Crosslight Advice is a community-focused charity providing holistic debt advice and money education to low-income clients experiencing financial difficulty. It has a network of 18 branches across ....more
Garfield Weston Foundation - Main Grants award
£30,000 24/06/2022
Comprehensive debt & benefit advice, down-to-earth financial education and holistic support for some of the most marginalised and vulnerable people in society.
Henry Smith Charity - Grant to Crosslight Advice
£116,300 07/04/2022
36
towards three years' running costs of an organisation providing telephone support, in-depth casework and financial education for individuals with complex needs, who have been negatively impacted by ....more
Garfield Weston Foundation - Main Grants award - COVID19 response
£30,000 05/03/2021
Providing end-to-end support for those in unmanageable debt and financial hardship, particularly through the COVID-19 crisis
Tudor Trust - Grant to Crosslight Advice
£2,000 13/01/2021
as an additional grant to support staff, volunteer and trustee wellbeing, to assist the organisation deliver its charitable purpose more effectively
CAF - Grant to Crosslight Advice
£6,252 24/06/2020
3
Grant to Crosslight Advice to support the organisation through COVID19
Tudor Trust - Grant to Crosslight Advice
£60,000 18/06/2020
24
over two years towards core costs for a charity providing debt advice and holistic support to people in financial difficulties in London and Kent
City Bridge Trust - Grant to Crosslight Advice
£42,315 11/06/2020
£42,315 to fund the essential and urgent costs outlined in the application, in order to carry on providing support to Londoners.
City Bridge Trust - Grant to Crosslight Advice
£8,450 09/04/2020
A one-off, unrestricted grant of £8,450, equivalent to one regular quarterly payment for the organisation’s current grant.
The Fore - RAFT COVID-19 response grant to Crosslight Advice
£5,000 09/04/2020
36
Grant from The Fore's RAFT Immediate Response Fund to Crosslight Advice, as part of The Fore's COVID-19 Response programme.
Henry Smith Charity - Grant to Crosslight Advice
£180,000 10/12/2019
36
towards three years' continuation funding of the running costs of a project providing information and support to disadvantaged people in West London and West Kent
Garfield Weston Foundation - Main Grants award
£15,000 29/11/2019
Revenue/Core costs
City Bridge Trust - Grant to Crosslight Advice
£68,600 12/11/2019
24
£68,600 over two further and final years towards the costs of an Operations Manager.
The Fore - Grant to Crosslight Advice
£25,844 01/08/2019
24
Crosslight Advice provides comprehensive debt advice to people in financial distress. Its clients often have very low incomes, long-term physical or mental health issues, or complex social and family ....more
The Fore - Grant to Crosslight Advice
£25,844 19/07/2019
24
Crosslight Advice will use The Fore's funding to pilot a new ‘Open Advice’ work stream – a faster intervention that will make it possible for the organisation to help more people. The service ....more
National Lottery Community Fund - Open Advice
£5,850 23/05/2019
12
The organisation will use funding to purchase laptops which will enable them to provide debt and financial advice in a range of locations including foodbanks. The project aims to develop their ....more
Henry Smith Charity - Grant to Crosslight Advice
£72,800 08/12/2016
36
towards three years' running costs of an organisation that provides debt advice and support to those most in need in central and west London
City Bridge Trust - Grant to Crosslight Advice
£95,700 22/09/2016
36
£95,700 over 3 years (£31,000, £31,900, £32,800) for the full time salary of the Operations Manager.
Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (7)
Current Trustees appointed
Gender Split
Based on 6/7 persons

Age Range of Trustees:
Legal constitution
  • Charity registered in England & Wales on 25/08/2015, number: 1163306
Gift Aid
  • Registered with HMRC for Gift Aid
Other Regulators
  • Financial Conduct Authority
Policies in force
  • Complaints handling
  • Conflicting interests
  • Paying staff
  • Risk management
  • Safeguarding vulnerable beneficiaries
  • Volunteer management
Filing Record
7 returns made; all on time
Recent reorganisation events:
  • Asset transfer in from GOD IS GIVING on 08/12/2023
Main office

HTB BROMPTON ROAD
LONDON
SW7 1JA

Objectives

THE PREVENTION OR RELIEF OF POVERTY FOR THE PUBLIC BENEFIT, IN PARTICULAR BUT NOT EXCLUSIVELY BY PROVIDING MONEY MANAGEMENT AND DEBT COUNSELLING ADVICE TO THOSE IN FINANCIAL HARDSHIP

Data Sources

Charity Commission for England and Wales
360 Giving
CharityBase
Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

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