Money Ready

Analysis

Money Ready is a registered charity in England and Wales, based in London. It was registered in April 2008, 18 years ago. Its declared purposes cover education/training, which this site groups under education and training. Legally it is a charitable company (Companies House number 06215005). It says it makes grants to individuals and provides services.

In the financial year ending August 2025, Money Ready reported income of £3.3m and spending of £3.7m, spending 112% of what it took in. Across the 5 years on record, from August 2021 to August 2025, income grew from £2.1m to £3.3m (+57%), an average of +12% a year. The sharpest change came in the year to August 2024, when income rose by 38%. Over the whole period it spent 99% of the income it received.

Among 21,402 England and Wales charities whose main cause is education and training and that reported income, Money Ready sits at the 96th percentile: it is larger than about 96% of them. Against every charity in England and Wales with reported income it ranks in the 97th percentile. Charities of a similar size with the same main cause include Bowdon Preparatory School (£3.3m), More House Trust Ltd (£3.3m) and The Elms (Colwall) Limited (£3.3m).

In its latest detailed accounts, income came from charitable activities 82% and donations and legacies 18%. Charitable activities took 86% of spending and raising funds 13%. Reserves of £496k would cover about 2 months of spending at that rate. It employed 68 people.