ISLAND ADVICE CENTRE
IAC is an independent advice service that provides support and guidance on statutory rights and entitlement to local residents. Areas of advice include; welfare rights, housing, debt. Advice is given from basic level up to specialist casework. In addition the organisation provides training and volunteering opportunities to individuals interested in developing advice skills.
Financial health, per its FY2025 accounts
The accounts state that the charity operated at a net deficit of £14,958 for the year ended 31 March 2025. The trustees report that unrestricted reserves stood at £110,898, which is above their stated policy target of £37,467, and they are satisfied that sufficient funding is in place to cover restricted fund deficits.
What the accounts disclose
“Trustees have established that in order to fulfil their responsibilities to staff and to minimise the risk of any breach of statute or organisational duty the organisation should hold sufficient funds in reserve to meet the core costs for three months, equivalent to £37,467.” — page 9
Trustees
- KATHERINE ELAINE WILSONchair
- CHRIS PARSONS
- Cathy Weir
- Godline SINGH
- Hasan Kawsar Chowdhury
- SHABNAM SHARMIN
- STEVEN LAKE
- Stephanie Dickinson
- THOMAS SIGGERS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £467k | £482k |
| 31/03/2024 | £431k | £446k |
| 31/03/2023 | £409k | £395k |
| 31/03/2022 | £367k | £373k |
| 31/03/2021 | £452k | £408k |
Common questions
Is ISLAND ADVICE CENTRE financially healthy?
Per its FY2025 accounts: The accounts state that the charity operated at a net deficit of £14,958 for the year ended 31 March 2025. The trustees report that unrestricted reserves stood at £110,898, which is above their stated policy target of £37,467, and they are satisfied that sufficient funding is in place to cover restricted fund deficits. Its FY2025 accounts were audited by Kingston Burrowes Audit Ltd.
Who funds ISLAND ADVICE CENTRE?
Funders whose own accounts filings name ISLAND ADVICE CENTRE as a grant recipient include TRUST FOR LONDON, LONDON LEGAL SUPPORT TRUST, WAKEFIELD AND TETLEY TRUST, EAST END COMMUNITY FOUNDATION, THE ACCESS TO JUSTICE FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| TRUST FOR LONDON | FY2022 | £124k | Good homes and neighbourhoods |
| LONDON LEGAL SUPPORT TRUST | FY2023 | £41k | |
| WAKEFIELD AND TETLEY TRUST | FY2021 | £38k | Salary and on-costs for a new full time Advisor |
| EAST END COMMUNITY FOUNDATION | FY2023 | £31k | Tackling Pensioner Poverty |
| EAST END COMMUNITY FOUNDATION | FY2024 | £20k | Tackling pensioner poverty |
| THE ACCESS TO JUSTICE FOUNDATION | FY2022 | £15k | |
| LONDON LEGAL SUPPORT TRUST | FY2021 | £10k | |
| LONDON LEGAL SUPPORT TRUST | FY2024 | £8k | |
| WAKEFIELD AND TETLEY TRUST | FY2022 | £5k | Towards core staffing costs over 6 months |
| EAST END COMMUNITY FOUNDATION | FY2025 | £4k | Volunteer training programme |
| WAKEFIELD AND TETLEY TRUST | FY2024 | £3k | To support a new post of Trainee Adviser |
| LONDON CATALYST | FY2023 | £1k | Westminster Roman Catholic Diocese Trustee Room to Heal |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The Mercers' Company | 13/05/2026 | £98k | Grant to Island Advice Centre |
| The National Lottery Community Fund | 16/12/2022 | £303k | Life after Debt |
| City Bridge Foundation | 07/01/2021 | £101k | Grant to Island Advice Centre |
| The National Lottery Community Fund | 31/05/2019 | £10k | Tower Hamlets Trainee Advice Project |
| City Bridge Foundation | 20/09/2017 | £148k | Grant to Island Advice Centre |
| A B Charitable Trust | 28/04/2015 | £10k | Community legal advice and training |
| The National Lottery Community Fund | 17/05/2012 | £238k | Advice for All in Tower Hamlets |