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home >> charity search >> taunton area debt advice
Finance Score: -3
Governance Score: 2
Support Score: 5
  • Strong growth: +2
  • Volatile income & significant deficit in latest year: -5
  • No PartB
  • Dynamic board: +3
  • Mainly male board: -1
  • Large volunteers +3
  • Overall weighted support: +2
Overall GiG Score: 4 ?

TAUNTON AREA DEBT ADVICE

Giving free impartial debt advice to clients based on the individual needs of each client and may include debt management plans, insolvency solutions and budgeting education.
Analysis by Giving is Great

Positives:

  • This charity has been successful in attracting volunteers relative to its size
  • The charity has received backing from a grant maker
  • There has been strong growth in spending over the last 5 years
  • The Board appears to be dynamic in terms of composition

Regulatory & Governance issues to consider:

  • The Board is predominantly male

Financial issues to consider:

  • A PartB annual return has not been required and so detailed financial information is not available from the online data
  • Income has been volatile recently and was significantly lower than spending in the latest year
Find similar charities within: miles

Financial Data ?

Income & Spending ?
Sources of Income ?
Y/E Income
£k		 Spending
£k		 Surplus/
Deficit £k		 Fundraising
Cost £k		 Total
Funds £k		 Unrestricted
Funds £k		 Mths
Rsrvs		 Staff Volun-
teers
31/03/24£5£10£-4n/an/an/an/an/an/a
31/03/23£20£9£11n/an/an/an/an/an/a
31/03/22£7£5£2n/an/an/an/an/an/a
31/03/21£10£7£3n/an/an/an/an/an/a
31/03/20?£9£7£2n/an/an/an/an/an/a
31/03/18£3£2£0n/an/an/an/an/an/a
31/03/17£3£2£0n/an/an/an/an/an/a
31/03/16*£2£1£0n/an/an/an/an/an/a
Show more rows -->

Download accounts
Highest pay bracket: less than £60,000
Established: 9 years

www.tada.org.uk

admin@tada.org.uk

07921526087

Charity Commission for England and Wales
UN SDGs
?
Listed activities
  • The Prevention Or Relief Of Poverty
GiG Classification
  • Legal & financial advice
How it operates
  • Provides advocacy/advice/information
  • Provides services
Where it operates
  • Somerset,
Who it helps
  • The General Public/Mankind

Who supports them? ?

Donations from Grant Makers ?

We have details on the following donations. Multi-year donations are allocated to the years for which they are earmarked.

Specific Donations
Amount When
Months		 To be used for
Somerset Community Foundation - Building the capacity of a specialist debt advice service
£5,000 10/10/2022
Grant to Taunton Area Debt Advice
Somerset Community Foundation - COVID19 Remote provision of debt advice to vulnerable people
£1,250 07/05/2020
Enabling the provision of remote debt advice to vulnerable people during coronavirus
Somerset Community Foundation - New Office and Training Project
£2,500 24/09/2019
15
Training for local debt advisers

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (5)
Current Trustees appointed
Gender Split

  • JANET GILLETT Appointed: 2021
  • PHILIP BEDFORD Appointed: 2018
  • REV STEVEN REED (Chair) Appointed: 2018
  • ROBERT RUFFELL-HAZELL Appointed: 2024
  • TREVOR GOSS Appointed: 2024
Legal constitution
  • Charity registered in England & Wales on 22/06/2015, number: 1162324
Gift Aid
  • Registered with HMRC for Gift Aid
Other Regulators
  • Financial Conduct Authority
Policies in force
  • 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
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Volunteer management
Filing Record
8 returns made; AR16: 31 days late,
Main office

St Mary's House
Magdalene Street
Taunton
Somerset
TA1 1SB

Objectives

OBJECTSTHE OBJECTS OF THE CIO ARE THE RELIEF OF FINANCIAL HARDSHIP OR POVERTY AMONGST PERSONS IN THE SOMERSET AREA BY ANY SUCH MEANS THAT ARE EXCLUSIVELY CHARITABLE AT LAW, PARTICULARLY BUT NOT EXCLUSIVELY BY PROVIDING DEBT COUNSELLING AND ADJUSTING SERVICES, ADVICE AND ASSISTANCE IN FINANCIAL MATTERS.

Defined Area of Benefit:

LOCAL

Data Sources

Charity Commission for England and Wales
360 Giving

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