Charity Accounts Intelreading the accounts so you don’t have to

FAIR CREDIT CHARITY LTD

Registered charity 1161809 · accounts filings on the Charity Commission register · also known as FAIR FOR YOU LTD · also registered in Scotland as SC046556 (OSCR)

Get email alerts for this charity

Latest income
£4.1m
Latest spending
£4.2m
Registered
2015
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the group reported a net reduction in funds of £65,684 for the year ended 31 December 2024, resulting in consolidated unrestricted reserves of £3,432,380. The trustees confirmed the group has adequate resources to continue in operational existence for the foreseeable future, although the charity is solely reliant on the performance of its wholly owned subsidiaries.

What the accounts disclose

Going concern: noted by the trustees or auditor
“Fair Credit Charity is solely reliant on the performance of its wholly owned subsidiaries and their performance determines the viability of the Charity.” — page 8
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Blick Rothenberg Audit LLP. Discloses 3 of 6 completeness components.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£4.1m
Total spending
£4.2m
Cost of raising funds
£4.1m
Reserves (reported)
£3.4m
Employees
22

Reported reserves equal ~9.9 months of spending — above the median for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£4.1m£4.2m
31/12/2023£4.8m£4.6m
31/12/2022£6.1m£4.8m
31/12/2021£5.0m£4.7m
31/12/2020£7.0m£4.4m

Common questions

Is FAIR CREDIT CHARITY LTD financially healthy?

The accounts state that the group reported a net reduction in funds of £65,684 for the year ended 31 December 2024, resulting in consolidated unrestricted reserves of £3,432,380. The trustees confirmed the group has adequate resources to continue in operational existence for the foreseeable future, although the charity is solely reliant on the performance of its wholly owned subsidiaries. Its FY2024 accounts were audited by Blick Rothenberg Audit LLP.