GRACE DEBT ADVICE
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.
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.
What the accounts disclose
“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
“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
Trustees
- Alan Cable
- Alexandria Maria Barling
- GARY HOLLAND
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| PARACLETOS | FY2024 | £15k | |
| CHRIST CHURCH HAYWARDS HEATH | FY2021 | £3k | |
| CHRIST CHURCH HAYWARDS HEATH | FY2023 | £2k | |
| CHRIST CHURCH HAYWARDS HEATH | FY2024 | £1k | |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY BARNES | FY2024 | £300 | |
| Kingston Giving | FY2022 | — | Mental health/Support Refugees/ Elderly /Disabled |
| THE FOUNDRY INTERNATIONAL LTD | FY2023 | — | relief of poverty |