DEBT ADVICE FOUNDATION

Charity number: 1148498
Charity reporting is up to date (61 days late)

Charity overview

Activities - how the charity spends its money

Working towards the prevention and cure of unmanageable consumer debt, through helping those that are in need of advice and support, together with engaging with the next generation of credit users to foster a more responsible attitude towards borrowing and saving.

Income and expenditure

Data for financial year ending 31 August 2023

Total income: £490,751
Total expenditure: £495,062

People

4 Trustee(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 1

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:
  • The General Public/mankind
How the charity helps:
  • Provides Services
  • Provides Advocacy/advice/information
  • Sponsors Or Undertakes Research
Where the charity operates:
  • Throughout England And Wales

Governance

Registration history:
  • 09 August 2012: Standard registration
  • 09 August 2013: Funds received from 1095705 THE DEBT ADVICE FOUNDATION
Organisation type:
Charitable company
Other names:

No other names

Company number:
08039416 Open in new window
Gift aid:
Not recognised by HMRC for gift aid
Other regulators:
  • Financial Conduct Authority
Policies:
  • 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
  • Safeguarding policy and procedures
  • Serious incident reporting policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
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
DENNIS BENSON Chair 24 May 2012
None on record
Susan Margaret Ireland Trustee 06 September 2017
None on record
PETER SARGENT Trustee 14 May 2015
None on record
Jeffrey Leonard Moore Trustee 12 May 2014
None on record

Financial history

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Financial period end date

Income / Expenditure 31/08/2019 31/08/2020 31/08/2021 31/08/2022 31/08/2023
Total gross income £556.26k £581.89k £501.56k £460.96k £490.75k
Total expenditure £623.76k £542.44k £489.95k £500.31k £495.06k
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A N/A N/A N/A N/A
Income - Donations and legacies £0 £0 £0 N/A N/A
Income - Other trading activities £0 £0 £0 N/A N/A
Income - Charitable activities £556.16k £581.80k £501.49k N/A N/A
Income - Endowments £0 £0 £0 N/A N/A
Income - Investment £101 £86 £64 N/A N/A
Income - Other £0 £0 £0 N/A N/A
Income - Legacies £0 £0 £0 N/A N/A
Expenditure - Charitable activities £623.76k £542.44k £489.95k N/A N/A
Expenditure - Raising funds £0 £0 £0 N/A N/A
Expenditure - Governance £3.30k £3.30k £3.30k N/A N/A
Expenditure - Grants institution £0 £0 £0 N/A N/A
Expenditure - Investment management £0 £0 £0 N/A N/A
Expenditure - Other £0 £0 £0 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 August 2023 30 August 2024 61 days late
Accounts and TAR 31 August 2023 30 August 2024 61 days late Download Open in new window
Annual return 31 August 2022 30 June 2023 On Time
Accounts and TAR 31 August 2022 30 June 2023 On Time Download Open in new window
Annual return 31 August 2021 30 June 2022 On Time
Accounts and TAR 31 August 2021 30 June 2022 On Time Download Open in new window
Annual return 31 August 2020 03 September 2021 65 days late
Accounts and TAR 31 August 2020 03 September 2021 65 days late Download Open in new window
Annual return 31 August 2019 30 June 2020 On Time
Accounts and TAR 31 August 2019 30 June 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.

MEMORANDUM AND ARTICLES INCORPORATED 20/04/2012 AS AMENDED BY SPECIAL RESOLUTION REGISTERED AT COMPANIES HOUSE ON 08/08/2012

Charitable objects

THE PREVENTION OR RELIEF OF POVERTY FOR THE PUBLIC BENEFIT AND WITHOUT PREJUDICE TO THE GENERALITY OF THE FOREGOING, THIS MAY INCLUDE: 1. THE PROVISION OF FREE IMPARTIAL AND APPROPRIATE ADVICE TO PEOPLE WITH UNAFFORDABLE DEBT; 2. TO HELP PEOPLE WITH DEBT PROBLEMS TO GAIN ACCESS TO APPROPRIATE SOLUTIONS THAT WILL HELP THEM; 3. TO PROMOTE EDUCATION, FOR THE PUBLIC BENEFIT, IN FINANCIAL CAPABILITY AND MONEY MANAGEMENT SO AS TO REDUCE THE LIKELIHOOD OF DEBT MISUSE; 4. TO UNDERTAKE OR FUND RESEARCH TO UNDERSTAND WHY PROBLEM DEBT HAPPENS AND ITS EFFECT ON INDIVIDUALS, FAMILIES AND THE WIDER UNITED KINGDOM ECONOMY AND TO DISSEMINATE THE USEFUL RESULTS.

Area of benefit

The area the charity can operate in, as set out in its governing document.

NOT DEFINED

Contact information

Address:
1 ANCHOR COURT
COMMERCIAL ROAD
DARWEN
BLACKBURN
BB3 0DB
Phone:
01254778404
Email:
info@debtadvicefoundation.org
Website:

http://www.debtadvicefoundation.org/ Open in new window