NATIONAL ASSOCIATION OF STUDENT MONEY ADVISERS
NASMA acts as a focus for information exchange between practitioners in the field of student funding, bringing together professionals from across the sector encouraging the free exchange of ideas.We work closely with national decision makers and their influences on student finance policy.In addition we work with other relevent sector organisations to promote the needs of students and our members.
Objects
I) TO ADVANCE EDUCATION ABOUT STUDENT FINANCE AND DISSEMINATE GOOD PRACTICE IN RESPECT OF ALL AREAS OF STUDENT MONEY AND STUDENT FINANCE ADVICE; ANDII) TO RELIEVE THE POVERTY OF STUDENTS THROUGH THE PROMOTION, PROVISION, AND SUPPORT OF PROFESSIONAL MONEY ADVICE FOR HIGHER EDUCATION STUDENTS IN THE FE AND HE SECTORS, WITH PARTICULAR EMPHASIS ON STUDENT FINANCE, AND STUDENT DEBT; ANDIII) TO PROVIDE ADVICE, INFORMATION AND TRAINING TO STUDENT MONEY ADVISERS, AND ADMINISTRATORS OF DISCRETIONARY FUNDS AND BURSARIES.
Financial health, per its FY2025 accounts
The accounts state that free reserves stood at £118,970, which the trustees consider to be in line with their policy of maintaining a minimum of £80,000 (approximately six months of operating costs). The charity reported a net expenditure for the year, resulting in a decrease in fund balances from £122,394 to £118,970, but maintains adequate resources to continue in operational existence.
What the accounts disclose
“The Charity aim to keep a minimum of £80,000 in reserves which equates to approximately 6 months operating costs.”
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- Einir Englandchair
- Abigail Smith
- Ann Munday Clowes
- Conor McDonald
- Graham Wright
- Jenniffer Afia
- Jessica Louise Bates
- Sara Grafton
- Vicki Kinninmonth
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £198k | £201k |
| 31/08/2024 | £203k | £229k |
| 31/08/2023 | £275k | £252k |
| 31/03/2022 | £113k | £92k |
| 31/03/2021 | £85k | £81k |
Common questions
Is NATIONAL ASSOCIATION OF STUDENT MONEY ADVISERS financially healthy?
Per its FY2025 accounts: The accounts state that free reserves stood at £118,970, which the trustees consider to be in line with their policy of maintaining a minimum of £80,000 (approximately six months of operating costs). The charity reported a net expenditure for the year, resulting in a decrease in fund balances from £122,394 to £118,970, but maintains adequate resources to continue in operational existence. Its FY2025 accounts were independently examined.