MELTON AND DISTRICT MONEY ADVICE CENTRE

Charity number: 1180798
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

MADMAC provides a free, confidential and impartial advice service for the people of Melton Mowbray and neighbouring districts concerning money and debt. It provides a personalised package of care until financial freedom is gained encouraging the reduction and occurrence of future debt problems.

Income and expenditure

Data for financial year ending 31 December 2023

Total income: £175,164
Total expenditure: £143,600

Total income includes £2,100 from 1 government grant(s)

People

4 Trustee(s)

6 Volunteer(s)

Employees with total benefits over £60,000

No employees have total benefits over £60k for this charity

Fundraising

No information available

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:
  • Education/training
  • The Prevention Or Relief Of Poverty
Who the charity helps:
  • Elderly/old People
  • People With Disabilities
  • The General Public/mankind
How the charity helps:
  • Provides Advocacy/advice/information
Where the charity operates:
  • Leicestershire
  • Lincolnshire
  • Northamptonshire
  • Nottinghamshire
  • Rutland

Governance

Registration history:
  • 22 November 2018: CIO registration
Organisation type:
CIO
Other names:
  • MADMAC (Working name)
  • MELTON & DISTRICT MONEY ADVICE CENTRE (Previous name)
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
  • Financial Conduct Authority
Policies:
  • Bullying and harassment policy and procedures
  • 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
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Land and property:
This charity owns and/or leases land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

4 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Graham Dunn Trustee 01 August 2024
None on record
David Chubb Trustee 15 September 2019
THE SIR JOHN SEDLEY EDUCATIONAL FOUNDATION
Received: 4 days late
Rev John Barr Trustee 22 November 2018
None on record
Harry Pepper Trustee 22 November 2018
None on record

Financial history

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Financial period end date

Income / Expenditure 30/09/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Total gross income £56.95k £124.44k £124.08k £144.64k £175.16k
Total expenditure £39.48k £108.16k £95.44k £117.84k £143.60k
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A £12.50k N/A N/A £2.10k

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 2023 05 October 2024 On Time
Accounts and TAR 31 December 2023 05 October 2024 On Time Download Open in new window
Annual return 31 December 2022 17 October 2023 On Time
Accounts and TAR 31 December 2022 17 October 2023 On Time Download Open in new window
Annual return 31 December 2021 17 October 2022 On Time
Accounts and TAR 31 December 2021 17 October 2022 On Time Download Open in new window
Annual return 31 December 2020 27 October 2021 On Time
Accounts and TAR 31 December 2020 27 October 2021 On Time Download Open in new window
Annual return 30 September 2019 30 July 2020 On Time
Accounts and TAR 30 September 2019 30 July 2020 On Time Download Open in new window
Submit annual return Open in new window

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 22 Nov 2018

Charitable objects

THE OBJECTS OF THE CIO ARE THE PREVENTION AND RELIEF OF POVERTY FOR THE PUBLIC BENEFIT IN MELTON MOWBRAY AND THE DISTRICT BY PROVIDING A FREE CONFIDENTIAL AND IMPARTIAL ADVICE SERVICE CONCERNING MONEY AND DEBT.

Contact information

Address:
MADMAC At The Fox
9 Leicester Street
MELTON MOWBRAY
Leicestershire
LE13 0PP
Phone:
07775942046
Email:
amanda@madmacmoney.co.uk
Website:

https://madmacmoney.co.uk Open in new window