Money Ready
Registered charity 1123791 · accounts filings on the Charity Commission register · also known as MYBNK, Money Ready LTD · also registered in Scotland as SC050175 (OSCR)
Money Ready is a financial education charity dedicated to creating a financially fluent population. We believe that financial literacy should be considered a right for all because the language of money is a language for life. We work with the UK population by delivering expert-designed, high-impact financial education programmes.
Causes: Education/training · website · Get email alerts
Financial health, per its FY2025 accounts
The accounts state that total income decreased to £3,333k from £4,027k in the prior year, while expenditure fell to £3,749k, resulting in a net decrease in funds of £416k. Unrestricted free reserves dropped significantly to £174k, which is well below the trustees' stated policy target of approximately £1,702k (four months of expenditure). Despite this reduction in reserves, the trustees and auditors confirm there are no material uncertainties regarding the charity's ability to continue as a going concern, citing healthy cash and secured future funding.
Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Reserves policy: four months of expenditure (equivalent of approximately £1,702k) (held: £174k)
“In June 2024, Money Ready’s trustees set a reserve policy with the aim that unrestricted free reserves will build to cover at least four months of expenditure (equivalent of approximately £1,702k at the end of 2025).” — page 20
Per its FY2025 accounts as filed with the Charity Commission.
Accounts audited by HaysMac LLP. Discloses 4 of 6 completeness components.
Leadership, per the charity’s website
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.
Public profiles (found on the charity’s own website): facebook · instagram
Structured financials (annual return, FY ending 31/08/2025)
Cost of raising funds
£502k
Reported reserves equal ~1.6 months of spending — in the bottom quarter for charities its size (median 4.8 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: 15.1% of total income — above the median for charities its size (5.2%) (benchmarks).
Register events
- Received assets from another charity (16/06/2026) — per the register’s event history; asset transfers typically record mergers or reorganisations.
- Rhodri Masonchair
- Nicola Worden
- Qalid Mohamed
- Robert Gardner
- Sam Sherwin
- Sarah-Jane Mintey
- Suzanna Du Plessis · trustee of 1 other charity
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 Ready financially healthy?
Per its FY2025 accounts: The accounts state that total income decreased to £3,333k from £4,027k in the prior year, while expenditure fell to £3,749k, resulting in a net decrease in funds of £416k. Unrestricted free reserves dropped significantly to £174k, which is well below the trustees' stated policy target of approximately £1,702k (four months of expenditure). Despite this reduction in reserves, the trustees and auditors confirm there are no material uncertainties regarding the charity's ability to continue as a going concern, citing healthy cash and secured future funding. Its FY2025 accounts were audited by HaysMac LLP.
Who funds Money Ready?
Funders whose own accounts filings name Money Ready as a grant recipient include THE QUILTER FOUNDATION, THE PA FOUNDATION.
Known funders
Grants to this charity found in funders’ own accounts filings.
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 THE MONEY CHARITY.
Side by side with its peers
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