ST PAUL'S MONEY ADVICE CENTRE
Alleviation of poverty through the provision of free money advice to any person requiring help or support with any aspect of personal finance including debt by the provision of services, advocacy, advice and information.
Objects
THE OBJECTS OF THE CHARITY ARE THE PREVENTION OR RELIEF OF POVERTY OR FINANCIAL HARDSHIP FOR THE PUBLIC BENEFIT IN PARTICULAR BY PROVIDING ADVICE, EDUCATION, PRACTICAL ASSISTANCE OR SUPPORT TO THOSE IN DEBT OR FINANCIAL DIFFICULTY IN GREATER LONDON.
Financial health, per its FY2025 accounts
The accounts state that free reserves of £135,876 are held, which the trustees consider to be above their stated policy target of six months' normal expenditure. The independent examiner reported that no matters came to their attention that would require a proper understanding of the accounts to be questioned, indicating a clean examination opinion.
What the accounts disclose
“Trust for London 52,500”
“the trustees consider that free reserves should be equivalent to a minimum of six months of normal expenditure, excluding expenditure backed by restricted funding for 12 months or more.”
“SPMAC also has a partnership with St Paul’s Hammersmith (SPH) and benefits from the use of free office and meeting facilities.” — page 12
“Francis Ellison is a trustee of Crosslight Advice as well as SPMAC.” — page 12
“SPMAC also has a partnership with St Paul’s Hammersmith (SPH) and benefits from the use of free office and meeting facilities.” — page 12
“Francis Ellison is a trustee of Crosslight Advice as well as SPMAC.” — page 12
“SPMAC also has a partnership with St Paul’s Hammersmith (SPH) and benefits from the use of free office and meeting facilities.” — page 12
“Francis Ellison is a trustee of Crosslight Advice as well as SPMAC.” — page 12
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Trustee conflicts of interest 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 31/12/2025
- Volunteers: 50
- Government income: £2,964 — grants £2,964 (1); 2% of the £175,554 total gross income on the same return
Self-declared on the annual return for the financial year ending 31/12/2024
- Volunteers: 50
Self-declared on the annual return for the financial year ending 31/12/2023
- Volunteers: 47
Trustees
- FRANCIS SEYMOUR HARDY ELLISONchair
- Conrad Yue Kwong Law
- Daniel Paul Rolles
- Fiona Emily Benton Robinson
- Judith Sara Thomas
- Justin Richard Jocelyn Thomas
- ROSEMARY BROWN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £176k | £160k |
| 31/12/2024 | £237k | £187k |
| 31/12/2023 | £141k | £153k |
| 31/12/2022 | £148k | £159k |
| 31/12/2021 | £113k | £55k |
Common questions
Is ST PAUL'S MONEY ADVICE CENTRE financially healthy?
Per its FY2025 accounts: The accounts state that free reserves of £135,876 are held, which the trustees consider to be above their stated policy target of six months' normal expenditure. The independent examiner reported that no matters came to their attention that would require a proper understanding of the accounts to be questioned, indicating a clean examination opinion. Its FY2025 accounts were independently examined.
Who funds ST PAUL'S MONEY ADVICE CENTRE?
Funders whose own accounts filings name ST PAUL'S MONEY ADVICE CENTRE as a grant recipient include TRUST FOR LONDON, HAMMERSMITH UNITED CHARITIES, LONDON CATALYST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| TRUST FOR LONDON | FY2022 | £90k | Connected communities |
| HAMMERSMITH UNITED CHARITIES | FY2025 | £15k | Grant to fund part of our centre manager’s salary, to help us continue providing free debt advice and money management education. |
| LONDON CATALYST | FY2025 | £10k | Debt advice & money education support to the community. |
| HAMMERSMITH UNITED CHARITIES | FY2024 | £500 | To cover food, petrol/travel/vehicles, volunteer expenses to cover a volunteer's childcare costs; support for three additional needs beneficiaries; travel and r |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE NISBET TRUST | 1 | £65k |
| WILLIAM ADLINGTON CADBURY CHARITABLE TRUST | 1 | £25k |
| KING'S CHURCH MILDENHALL | 1 | £15k |
| MARGARET DAVIES CHARITY | 1 | £10k |
| BIRMINGHAM VOLUNTARY SERVICE COUNCIL | 1 | £10k |
| THE ALICE ELLEN COOPER-DEAN CHARITABLE FOUNDATION | 1 | £6k |
| THE MERCHANT VENTURERS CHARITY | 1 | £5k |
| THE EDWARD AND DOROTHY CADBURY TRUST | 1 | £5k |
Charities like this
- ST PAULS ADVICE CENTRE
- MONEY ADVICE ST NEOTS
- ST PAUL'S FAMILY CENTRE
- COMMUNITY MONEY ADVICE LTD
- COUNSELLING PASTORAL TRUST
- ST. PAUL'S, FURZEDOWN
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| ST PAUL'S MONEY ADVICE CENTRE | £176k | — | — | above | — | no doubt |
| ST PAULS ADVICE CENTRE | £568k | — | 0 | unclear | — | no doubt |
| MONEY ADVICE ST NEOTS | £77k | £16,881 | 0 | above | — | no doubt |
| ST PAUL'S FAMILY CENTRE | £181k | — | 0 | unclear | — | no doubt |
| COMMUNITY MONEY ADVICE LTD | £512k | — | 0 | below | — | no doubt |
| COUNSELLING PASTORAL TRUST | £56k | — | 0 | below | — | no doubt |