National Independent Consumer Organisation
Protecting the rights & interests of the consumer
Objects
I) TO IDENTIFY AND PROMOTE THE INTERESTS OF CONSUMERS, WITH REFERENCE TO THE KEY GUIDING PRINCIPLES OF CHOICE, INFORMATION, REPRESENTATION, ACCESS TO GOODS AND SERVICES, QUALITY AND FAIRNESS, SAFETY AND REDRESSII) TO PROMOTE CONSUMER EDUCATION AND RESEARCH TO INCREASE THE AWARENESS AND EFFECTIVENESS OF CONSUMERS IN THOSE ISSUES THAT AFFECT THEMIII) TO PROVIDE A MEANS OF COMMUNICATION WITH GOVERNMENT, COMMERCE AND INDUSTRY, REGULATORS AND OTHER INTERESTED PARTIESIV) TO ENCOURAGE AND SUPPORT MEMBERS AND MEMBER ORGANISATIONS TO WORK TOGETHER BETTER AND TO PROMOTE THEIR ACTIVITIES, AND TO PROVIDE CONSUMER INFORMATION AND EDUCATION.V) TO CONSULT WITH AND REPRESENT GRASSROOTS MEMBERS, TO CIRCULATE, PUBLISH AND DISSEMINATE THEIR VIEWS AND WHERE APPROPRIATE TO RESPOND TO CONSULTATION ON THEIR BEHALF
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £5,674 at year-end, which is below the trustees' stated policy target of three months' core operating expenditure. The charity reported a net deficit for the year of £4,096, driven by expenditure exceeding income, and relies on a single major donor for its primary funding stream. The independent examiner highlighted a significant governance concern, noting that trustee payments appeared to violate the charity's Articles of Association and lacked required Charity Commission approval.
What the accounts disclose
“As of 31 st December 2025 the free reserves amounted £5,674.”
“Based on the documents provided to me, it would appear the charitable company’s Articles of Association, approved on 5th December 2017, appear to prohibit the payments to Trustees for services provided within Section 9. Furthermore the Trustees had not obtained Charity Commission approval prior to such payments being made.” — page 13
“During 2025, payments were made to Dr Brian Gregory for professional services associated with the operation and development of NICO's Financial Protection Panel, and to Stephen Huller for professional services associated with the development and operation of the Lenders Panel, Deb Hearn for administration services and Peter Hart, also for administration services.” — page 10
“There is therefore a concern that the payments may not have complied with the charity’s governing document and the principles set out in Charity Commission guidance CC11.” — page 13
Policies the charity declares
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/12/2025
- Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for services to the charity
Annual return filing dates (Charity Commission record)
Of its last 5 annual returns with a recorded received date, 2 were received after the due date: year ending 31/12/2025 (received 01/11/2026, 1 day after the 31/10/2026 due date); year ending 31/12/2022 (received 09/05/2024, 191 days after the 31/10/2023 due date).
Trustees
- Dr Brian Frank Gregorychair
- Clint Walker
- Gareth James Weaver
- John Scott Day
- Mark Charles Peterson
- Simon Edward Ayers
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £100k | £105k |
| 31/12/2024 | £294 | £2k |
| 31/12/2023 | £3k | £7k |
| 31/12/2022 | £208 | £1k |
| 31/12/2021 | £224 | £3k |
Common questions
Is National Independent Consumer Organisation financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £5,674 at year-end, which is below the trustees' stated policy target of three months' core operating expenditure. The charity reported a net deficit for the year of £4,096, driven by expenditure exceeding income, and relies on a single major donor for its primary funding stream. The independent examiner highlighted a significant governance concern, noting that trustee payments appeared to violate the charity's Articles of Association and lacked required Charity Commission approval. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE NUFFIELD FOUNDATION | 2 | £1.7m |
| THE MOHN WESTLAKE FOUNDATION | 1 | £1.3m |
| THE HEALTH FOUNDATION | 1 | £496k |
| THE PEARS FAMILY CHARITABLE FOUNDATION | 1 | £300k |
| JOHN ELLERMAN FOUNDATION | 1 | £200k |
| THE DULVERTON TRUST | 1 | £145k |
| Tinsley Charitable Trust | 1 | £50k |
| HIGHWAY ONE TRUST | 1 | £35k |
Charities like this
- THE NATIONAL INSTITUTE OF ECONOMIC AND SOCIAL RESEARCH
- THE WELL CHURCH, NORTH SWINDON
- FULL FACT
- BNJC
- CLEVEDON AND DISTRICT FOODBANK CIO
- DBC CLUB FOR YOUNG PEOPLE CIO
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| National Independent Consumer Organisation | £100k | — | 0 | below | — | no doubt |
| THE NATIONAL INSTITUTE OF ECONOMIC AND SOCIAL RESEARCH | £3.3m | — | — | below | — | no doubt |
| THE WELL CHURCH, NORTH SWINDON | £134k | — | 0 | above | — | no doubt |
| FULL FACT | £3.1m | £110,000 - £119,999 | 9 | above | — | no doubt |
| BNJC | £4.1m | £100,000-£140,000 | 1 | unclear | — | no doubt |
| CLEVEDON AND DISTRICT FOODBANK CIO | £133k | — | 0 | unclear | — | no doubt |