Community Money Advice Ltd

Analysis

Community Money Advice Ltd is a registered charity in England and Wales, based in Shrewsbury. It was registered in September 2005, 21 years ago. Its declared purposes cover general charitable purposes, education/training and the prevention or relief of poverty, which this site groups under poverty relief. Legally it is a charitable company (Companies House number 05123444). It says it provides human resources, provides services and provides advocacy/advice/information.

In the financial year ending May 2025, Community Money Advice Ltd reported income of £512k and spending of £646k, spending 126% of what it took in. Across the 5 years on record, from May 2021 to May 2025, income fell from £720k to £512k (-29%), an average of -8.1% a year. The sharpest change came in the year to May 2025, when income dropped by 24%. Over the whole period it spent 98% of the income it received.

Among 15,276 England and Wales charities whose main cause is poverty relief and that reported income, Community Money Advice Ltd sits at the 87th percentile: it is larger than about 87% of them. Against every charity in England and Wales with reported income it ranks in the 90th percentile. Charities of a similar size with the same main cause include Guru Nanak Satsang Sabha (Karmsar) UK (£511k), Medway District Citizens Advice Bureau Service (£513k) and Faith Ministries (£511k).

In its latest detailed accounts, income came from charitable activities 82% and donations and legacies 17%. Charitable activities took 100% of spending and raising funds 0.0%. Reserves of £107k would cover about 2 months of spending at that rate. It employed 26 people.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.