MK MONEY LIFELINE
The Charity is a non-fee charging money advice centre. It provides free, impartial and confidential personal money advice to those living in or near Milton Keynes through face-to-face budgeting, money and personal debt advice; communicates with creditors, having established an equitable allocation of any surplus income; and provides a self-help pack either via the internet or post.
Objects
THE CHARITY'S OBJECTS, FOR THE PUBLIC BENEFIT ESPECIALLY FOR THOSE LIVING IN OR NEAR MILTON KEYNES (BUT NOT EXCLUSIVELY), ARE:3.1 THE PREVENTION OR RELIEF OF POVERTY;3.2 THE RELIEF OF THOSE IN NEED BY REASON OF FINANCIAL HARDSHIP OR OTHER SOCIAL AND/OR ECONOMIC DISADVANTAGE; AND3.3 TO FULFIL SUCH OTHER PURPOSES WHICH ARE EXCLUSIVELY CHARITABLE ACCORDING TO THE LAW OF ENGLAND AND WALES AND ARE CONNECTED TO THE CHARITABLE WORK OF THE CHARITY AS THE TRUSTEES MAY FROM TIME TO TIME THINK FIT.
Financial health, per its FY2025 accounts
The accounts state that total income for the year was £89,733 against expenditure of £67,403, resulting in a surplus and unrestricted reserves of £67,364. The trustees report that the charity has adequate resources to continue in operational existence for the foreseeable future. However, the future of the charity depends on the continued commitment by staff and volunteers and the ability to raise sufficient funds to cover expenses.
What the accounts disclose
“Mrs S Anderson, the wife of the centre manager (who is also a Trustee) is employed as an office administrator and debt adviser. Her total remuneration in the year amounted to £8,733 (2024: £9,422). The terms and conditions of her employment are identical to those of all other employed staff. The centre manager does not participate in any decision making processes affecting her employment and the specific arrangements have been disclosed to the Charity Commission who have raised no objection.” — page 20
“Donations totalling £30 (2024: £238) were made to the charity during the year by Trustees (or persons connected with them).” — page 20
“Mrs S Anderson, the wife of the centre manager (who is also a Trustee) is employed as an office administrator and debt adviser. Her total remuneration in the year amounted to £8,733 (2024: £9,422). The terms and conditions of her employment are identical to those of all other employed staff. The centre manager does not participate in any decision making processes affecting her employment and the specific arrangements have been disclosed to the Charity Commission who have raised no objection.” — page 20
“Donations totalling £30 (2024: £238) were made to the charity during the year by Trustees (or persons connected with them).” — page 20
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Social media policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/10/2025
- Volunteers: 11
- Government income: £8,510 — contracts £4,900 (1), grants £3,610 (1); 9% of the £89,733 total gross income on the same return
Self-declared on the annual return for the financial year ending 31/10/2024
- Volunteers: 12
- Government income: £7,683 — grants £7,683 (4); 13% of the £58,979 total gross income on the same return
Self-declared on the annual return for the financial year ending 31/10/2023
- Volunteers: 15
- Government income: £5,160 — contracts £4,860 (1), grants £300 (1); 9% of the £56,626 total gross income on the same return
Trustees
- Rebecca Rachel Hudsonchair
- Ian Nicholas Anderson
- Richard Anthony Foan
- Robert Morrison
- Susan Ndudi Omordia
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/10/2025 | £90k | £67k |
| 31/10/2024 | £59k | £57k |
| 31/10/2023 | £57k | £54k |
| 31/10/2022 | £53k | £61k |
| 31/10/2021 | £35k | £48k |
Common questions
Is MK MONEY LIFELINE financially healthy?
Per its FY2025 accounts: The accounts state that total income for the year was £89,733 against expenditure of £67,403, resulting in a surplus and unrestricted reserves of £67,364. The trustees report that the charity has adequate resources to continue in operational existence for the foreseeable future. However, the future of the charity depends on the continued commitment by staff and volunteers and the ability to raise sufficient funds to cover expenses. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 19/12/2024 | £7k | Underpinning MK Money Lifeline's debt advice |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE HOBSON CHARITY LIMITED | 2 | £12k |
| TWO RIDINGS COMMUNITY FOUNDATION | 1 | £82k |
| THE LIZ AND TERRY BRAMALL FOUNDATION | 1 | £60k |
| THE JOSEPH RANK TRUST | 1 | £30k |
| THE ALBERT GUBAY CHARITABLE FOUNDATION | 1 | £7k |
| THE HILDEN CHARITABLE FUND | 1 | £5k |
| THE BEATRICE LAING TRUST | 1 | £3k |
| THE BISHOP RADFORD TRUST | 1 | £1k |
Charities like this
- LIFELINE COMMUNITY ACTION
- LIFELINE CHURCH
- LIFELINE HUMANITARIAN ORGANISATION
- LIFE LINE UK
- LIFELINE (HARROGATE) LTD
- LIFE INTERNATIONAL CHRISTIAN FELLOWSHIP (MILTON KEYNES)
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| MK MONEY LIFELINE | £90k | — | 0 | unclear | — | no doubt |
| LIFELINE COMMUNITY ACTION | £742k | — | 0 | unclear | — | no doubt |
| LIFELINE CHURCH | £1.2m | — | — | above | — | no doubt |
| LIFELINE HUMANITARIAN ORGANISATION | £0 | — | 0 | unclear | — | no doubt |
| LIFE LINE UK | £33k | — | 0 | unclear | — | no doubt |
| LIFELINE (HARROGATE) LTD | £469k | — | 0 | above | — | no doubt |