MONEY ADVICE TRUST
Registered charity 1099506 · accounts filings on the Charity Commission register · also known as BUSINESS DEBTLINE, NATIONAL DEBTLINE, WISERADVISER
We help people across the UK tackle their debts and manage their money with confidence. The Trust?s main activities are providing free advice through National Debtline and Business Debtline; supporting advisers through Wiseradviser; and improving the UK?s money and debt environment through policy, research, innovation grants and awareness raising campaigns.
Causes: Education/training · The Prevention Or Relief Of Poverty · Grant history (this charity is a funder) · website · Get email alerts
Financial health, per its FY2025 accounts
The accounts state that the charity reported an operational deficit of £2.1m for the year, reducing unrestricted reserves to £10.4m. The trustees confirm that this level of unrestricted funds remains within the agreed reserves policy target range of £5.5m ± £1.5m, and the accounts are prepared on a going concern basis.
Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Highest-paid employee band: £140,000 - £149,999 — above the median for charities its size (£130k)
“£140,000 to £149,999 2”
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: £5.5m ± £1.5m (held: £10.5m)
“The agreed target range for reserves is £5.5m ± £1.5m”
Per its FY2025 accounts as filed with the Charity Commission.
Accounts audited by PEM Audit Limited. Discloses 5 of 6 completeness components.
Year-over-year changes
- Top pay band moved from £180,000 - £189,999 (FY2024) to £140,000 - £149,999 (FY2025).
Comparing this charity’s FY2024 and FY2025 accounts as analysed by this site.
In the news
Recent coverage mentioning this charity by name (automated match; headlines belong to their publishers).
Leadership, per the charity’s website
- Steve Vaid — Chief Executive (source)
- Christine Farnish CBE — Chair (source)
- Matt Hartley — Director of Marketing and Engagement (source)
- Joshua Parkes — Director of Operations (source)
- Allan Kite — Director of Technology and Transformation (source)
- Rebecca Hooper — Director of People (source)
- Miles Joseph — Director of Strategy and Transformation (source)
- Claudette Marcano — Director of Finance (source)
Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.
Funders the charity credits
Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).
- Money and Pensions Service — “Our Wiseradviser service, which trains the free-to-client debt advice sector is funded by MaPS.” (source page)
- Accountant in Bankruptcy — “We are extremely grateful to our funding partners for their support, including: Accountant in Bankruptcy” (source page)
Public-sector contracts awarded
From the official Contracts Finder and Find a Tender notices (supplier matched by exact registered name). Contract income is distinct from grants.
Property (HM Land Registry)
1 registered title in England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.
Structured financials (annual return, FY ending 31/12/2025)
Cost of raising funds
£218k
Reserves (reported)
£10.4m
Reported reserves equal ~5.4 months of spending — above the median for charities its size (median 4.6 months; benchmarks).
Per its annual return, largest income source: Charitable activities (82% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.
Per its annual return, cost of raising funds: 1.1% of total income — below the median for charities its size (3.8%) (benchmarks).
Register events
- Received assets from another charity (11/07/2022) — per the register’s event history; asset transfers typically record mergers or reorganisations.
- Christine Hayeschair
- Adam Khan
- Alexandra Meagher
- Laurence Edward Burgess
- Mark Allison
- Penelope Jane Clarke
- Sarah Ruth Desai
- Thomas Richard Hamilton Reddy
- Zitah McMillan-Ward
Trustee list from the Charity Commission register (current, not historical).
Operates in: Northern Ireland · Scotland · Throughout England And Wales
Income and spending
Common questions
Is MONEY ADVICE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported an operational deficit of £2.1m for the year, reducing unrestricted reserves to £10.4m. The trustees confirm that this level of unrestricted funds remains within the agreed reserves policy target range of £5.5m ± £1.5m, and the accounts are prepared on a going concern basis. Its FY2025 accounts were audited by PEM Audit Limited.
What does the highest-paid employee of MONEY ADVICE TRUST earn?
Per its FY2025 accounts, the highest-paid employee was in the £140,000 - £149,999 band.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
Funders of similar charities
Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.
Charities like this
Semantically similar by activities and financial character, from our analysed corpus. Compare with COMMUNITY MONEY ADVICE LTD.
Side by side with its peers
Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.