LOAN SMART

Charity number: 1176832
Removed charity

Charity overview

Activities - how the charity spends its money

Statistics estimate that 310,000 UK individuals are borrowing from illegal lenders. Loan Smart is raising awareness of the existence of illegal money lending in our communities and providing practical help for borrowers. Loan Smart has launched a user-friendly website where people can check to see if their lender is fully authorised.

Income and expenditure

Data for financial year ending 31 December 2021

Total income: £18,000
Total expenditure: £40,432

Fundraising

This charity does not raise funds from the public

Trading

This charity does not have any trading subsidiaries.

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

What the charity does:
  • The Prevention Or Relief Of Poverty
Who the charity helps:
  • The General Public/mankind
How the charity helps:
  • Provides Advocacy/advice/information
Where the charity operates:
  • Throughout England And Wales
  • Scotland

Governance

Registration history:
  • 25 January 2018: CIO registration
  • 11 July 2022: Removed (Removed by application)
  • 11 July 2022: Funds transferred to 1099506 MONEY ADVICE TRUST
Organisation type:
CIO
Other names:
  • THE KNOW YOUR LENDER INITIATIVE (Previous name)
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Conflicting interests
Land and property:
This charity does not own and/or lease land or property

Financial history

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Financial period end date

Income / Expenditure 31/12/2018 31/12/2019 31/12/2020 31/12/2021
Total gross income £46.68k £6.77k £111.00k £18.00k
Total expenditure £93.13k £25.92k £22.96k £40.43k
Income from government contracts N/A N/A N/A N/A
Income from government grants N/A N/A N/A N/A

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 December 2021 28 March 2022 On Time
Accounts and TAR 31 December 2021 28 March 2022 On Time
Annual return 31 December 2020 20 September 2021 On Time
Accounts and TAR 31 December 2020 20 September 2021 On Time
Annual return 31 December 2019 25 September 2020 On Time
Accounts and TAR 31 December 2019 25 September 2020 On Time
Annual return 31 December 2018 02 October 2019 On Time
Accounts and TAR 31 December 2018 02 October 2019 On Time

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

CIO - FOUNDATION REGISTERED 25 JAN 2018 AMENDED ON 09 MAR 2018 as amended on 18 Oct 2018

Charitable objects

FOR THE PREVENTION OF POVERTY AND THE ADVANCEMENT OF EDUCATION FOR PEOPLE LIVING IN ENGLAND AND WALES, WHO ARE AT RISK OF BECOMING A VICTIM OF ILLEGAL MONEY-LENDING, BY RAISING AWARENESS OF WHAT ILLEGAL MONEY LENDING IS AND PROVIDING SUPPORT TO THOSE AFFECTED BY IT.