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home >> charity search >> money advice scotland
Finance Score: 1
Governance Score: 9
Support Score: 0
  • Multiple Deficits: -2
  • Fundraising costs low: +3
  • No PartB
  • Good trustee age range: +3
  • Dynamic board: +3
  • Gender balanced board: +3
  • No supporters identified
Overall GiG Score: 10 ?

MONEY ADVICE SCOTLAND 

Analysis by Giving is Great

Positives:

  • Fundraising costs are unusually low relative to funds raised
  • The Board appears to be well diversified in terms of age and gender and dynamic in terms of composition

Financial issues to consider:

  • On several occasions in recent years income has been less than spending
Financial Data
Income & Spending ?
Period ending 31/03/18 31/03/19 31/03/20 31/03/21 31/03/22 31/03/23
Charitable activities £527,185 £398,780 £618,764 £846,513 £746,486
Donations & Legacies £17,500 £141,397 £30,658 £13,507
Other Income
Investment Income £977 £227 £2,766 £1,486 £123
Total income £646,513 £635,718 £756,575 £882,394 £722,210 £758,124
Charitable activities spending £719,317 £727,837 £910,500 £822,995 £759,195
Fundraising costs 12% 9% 11% 3% 3% 0%
Other spending
Total spending £794,254 £786,937 £990,175 £848,097 £893,670 £761,745
Surplus/deficit -£147,741 -£151,219 -£233,600 £34,297 -£171,460 -£3,621
Download accounts
Established: 35 years

www.moneyadvicescotland.org.uk

Scottish Charity RegulatorCompanies House
UN SDGs
?
Listed activities
  • It carries out activities or services itself
GiG Classification
  • Practical support, advice & companionship
Purposes
  • The prevention or relief of poverty
  • The advancement of education
  • The relief of those in need by reason of age, ill-health, disability, financial hardship or other disadvantage
Where it operates
  • Scotland and other parts of the UK, main operating location: Glasgow City
Who it helps
  • No specific group, or for the benefit of the community

Who supports them? ?

We have no records of donations from grant makers.

How is it governed?

Directors (8)
Current Directors appointed
Gender Split

Age Range of Directors: 32-65
  • LYNAS, Thomas
    Appointed: 2020
    Occupation: Money Advice And Services Officer
  • MCKAY, Conor Andrew
    Appointed: 2023
    Occupation: Policy And Communications Lead At The Scottish Gov
  • POOLE, John
    Appointed: 2020
    Occupation: Retired Accountant
Legal constitution
  • Charity registered in Scotland on 12/06/1989, number: SC005663
  • Registered at Companies House on 09/04/1992, number: SC137717
Filing Record
5 returns made; all on time
Main office

5 Redwood Crescent, , East Kilbride , Glasgow, G74 5PA

Objectives

The objects of the Association shall be to promote education in matters relating to personal finance, the development of free money advice services, the exchange of information and experiences in those matters and to undertake and such other activities as may be in accord with those objects as may relieve the distress caused by personal indebtedness and poverty.

Data Sources

Scottish Charity Regulator
Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

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