Finance Score: 2
Governance Score: 0
Support Score: 5
  • Strong growth: +2
  • No PartB
    • Large volunteers +3
    • Overall weighted support: +2
    Overall GiG Score: 7 ?

    TW MONEY ADVICE SERVICE

    TWMAS works in conjunction with Crosslight Advice (charity no. 1163306) to provide advice to members of the public who are in debt from the TW postcode area. TWMAS is responsible for recruiting volunteers who work under the supervision of Crosslight Advice. TWMAS provides training and support for advisers and organises money advice courses for clients and for other members of the public.
    Analysis by Giving is Great

    Positives:

    • This charity has been successful in attracting volunteers relative to its size
    • There has been strong growth in spending over the last 5 years
    • There have been no income shortfalls in recent years
    • A significant proportion of recent income was derived from major grant makers including the Government

    Financial issues to consider:

    • A PartB annual return has not been required and so detailed financial information is not available from the online data
    • There has been a change of accounting period recently, so trends may be hard to determine

    Financial Data ?

    Income & Spending ?
    N.B. data has been adjusted to reflect year end change
    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
    31/12/22£62£39£23n/an/an/an/an/an/a
    31/12/21£35£30£5n/an/an/an/an/an/a
    31/12/20?£43£36£8n/an/an/an/an/an/a
    30/06/19£16£11£5n/an/an/an/an/an/a
    30/06/18£17£7£10n/an/an/an/an/an/a
    30/06/17£7£3£3n/an/an/an/an/an/a
    30/06/16£8£4£5n/an/an/an/an/an/a

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

    twmas.org.uk

    07779483023

    Charity Commission for England and WalesInstagramX
    UN SDGs
    ?
    Listed activities
    • Education/Training
    • The Prevention Or Relief Of Poverty
    GiG Classification
    • Philanthropic intermediaries and voluntarism promotion
    How it operates
    • Provides advocacy/advice/information
    • Provides services
    Where it operates
    • Hounslow, Richmond Upon Thames,
    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
    Richmond Parish Lands Charity - To TW Money Advice Service
    £8,000 01/12/2022
    12
    Debt and Money Advice and increased capacity for money advice service.

    Data sourced from Donors via 360 Giving

    How is it governed?

    Trustees (4)
    Current Trustees appointed

    • DR MARTIN RAYMOND DUFFY Appointed: 2018
    • JEAN ELIZABETH MOORHOUSE Appointed: 2021
    • MARGARET ELIZABETH GATLAND (Chair) Appointed: 2017
    • WEI-YI CHEN Appointed: 2015
    Legal constitution
    • Charity registered in England & Wales on 24/07/2015, number: 1162828
    Gift Aid
    • Registered with HMRC for Gift Aid
    Policies in force
    • Complaints handling
    • Conflicting interests
    • Risk management
    • Safeguarding vulnerable beneficiaries
    • Volunteer management
    Filing Record
    7 returns made; all on time
    Main office

    ST. STEPHENS CHURCH OFFICE
    30 CROWN ROAD
    TWICKENHAM
    TW1 3EE

    Objectives

    (I) THE RELIEF OF THOSE IN NEED BY REASON OF AGE, ILL HEALTH, DISABILITY, FINANCIAL HARDSHIP OR OTHER DISADVANTAGE;(II) TO FURTHER SUCH OTHER EXCLUSIVELY CHARITABLE PURPOSES ACCORDING TO THE LAW OF ENGLAND AND WALES AS THE TRUSTEES IN THEIR ABSOLUTE DISCRETION FROM TIME TO TIME DETERMINE.

    Data Sources

    Charity Commission for England and Wales
    360 Giving

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