GRACE DEBT ADVICE

Registered charity 1143175 · accounts filings on the Charity Commission register · also known as Grace Advocacy

Grace Advocacy is a UK charity that offers a free advocacy service for people who are struggling with multiple complex problems. We work with our clients to stabilise their affairs and can help in the areas of:benefits;disability;housing;NHS;adult social care; anddebt.

Causes: General Charitable Purposes · Education/training · Disability · The Prevention Or Relief Of Poverty · website · Get email alerts

Latest income
£196k
Latest spending
£178k
Registered
2011
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that total funds increased to £38,875, with unrestricted funds rising to £38,054. The trustees report that reserves at year end met the objective of equating to between 3 to six months of future committed monthly expenditure. The charity achieved a net income surplus of £18,078 for the year.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: between 3 to six months of future committed monthly expenditure (held: £38k)
“It is the objective of the trustees to achieve a level of reserves that equates to between 3 to six months of future committed monthly expenditure.” — page 3
Per its FY2024 accounts as filed with the Charity Commission.
Payments to trustees: G Holland received £28,665 in fees as Managing Trustee.
“The Trustees fees relate to payments made to G Holland in relation to his position as Managing Trustee of the charity. These fees consist of fees of £28,665 (2023 £19,454).” — page 9
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Public profiles (found on the charity’s own website): linkedin

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Brighton And Hove · East Sussex · Kingston Upon Thames · Richmond Upon Thames · Somerset · West Sussex

Income and spending

Financial year endIncomeSpending
31/12/2024£196k£178k
31/12/2023£146k£151k
31/12/2022£150k£158k
31/12/2021£30k£28k
31/12/2020£40k£27k

Common questions

Is GRACE DEBT ADVICE financially healthy?

Per its FY2024 accounts: The accounts state that total funds increased to £38,875, with unrestricted funds rising to £38,054. The trustees report that reserves at year end met the objective of equating to between 3 to six months of future committed monthly expenditure. The charity achieved a net income surplus of £18,078 for the year. Its FY2024 accounts were independently examined.

Who funds GRACE DEBT ADVICE?

Funders whose own accounts filings name GRACE DEBT ADVICE as a grant recipient include PARACLETOS, CHRIST CHURCH HAYWARDS HEATH, THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY BARNES, Kingston Giving, THE FOUNDRY INTERNATIONAL LTD.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
PARACLETOSFY2024£15k
CHRIST CHURCH HAYWARDS HEATHFY2021£3k
CHRIST CHURCH HAYWARDS HEATHFY2023£2k
CHRIST CHURCH HAYWARDS HEATHFY2024£1k
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY BARNESFY2024£300
Kingston GivingFY2022—Mental health/Support Refugees/ Elderly /Disabled
THE FOUNDRY INTERNATIONAL LTDFY2023—relief of poverty