MISSION
Trustees. Annual Report for the period
Period start date
Period end date
From
12023
31
12
,' 2023
Reference and administration details
Charity name
Section A
Harpenden Money Advice Centre
Other names charity is known by
HMAC
Registered charity number (if any)
Charity's principal address
1161164
129 Station Road
Harpenden
Postcode
AL5 4UU
Names of the charity trustees who manage the charity
Trustee name
Office (if any)
Dates acted if not for whole
ear
Chair
Name of pe￿on (or body) entitled
to appoint trustee
ifan
Mr A Gilbert
Mr P loannou
MrDKey
Miss J Stephens
Mr R Payne
Treasurer
10
11
12
13
14
15
16
17
18
19
20
Names of the trustees for the charity, if any. (for example, any custodian trustees)
Name
Dates acted if not for whole
ear
TAR
March 2012

Names and addresses of advisers (Optional inforniation)
e of adviser
Name
Address
Name of chief executive or names of senior staff members (Optional Snfomiation)
Section B
Structure, governance and management
Description of the charity's trusts
Type of governing document
Constitution
How the charity is constituted
Charitable Incorporated Organisation
Trustee selection methods
Elected by Trustees
Additional governance issues (Optional infomiation)
You may choose to include
additional information, where
relevant, about:
policies and procedures
adopted for the induction and
training of trustees-
the charity's organisational
structure and any wider
network with which the charity
works;
relationship with any related
parties;
trustees, consideration of
major risks and the system
and procedures to manage
them.
Section C
Objectives and activities
The objects of the CIO are the relief of financial hardship
or poverty amongst persons in the Hertfordshire, Central
Bedfordshire and Buckinghamshire areas 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
Summary of the objects of the
charity set out in its
governing document
TAR
March 2012

Provision of debt advice, debt adjusting and assistance in financial
matters on a free basis to anyone within our catchment area.
The trustees have had regard to the guidance issued by the Charity
Commission on public benefit.
Summary of the main
activities undertaken for the
public benefit in relation to
these objects (include within
this section the statutory
declaration that trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit)
Additional details of objectives and activities (Optional infomiation)
HMAC are very grateful to the volunteers who make it possible to run the
service. They serve as advisers, support and trustees.
You may choose to include
further statements, where
relevant, about:
policy on grantmaking-
policy programme related
investment;
contribution made by
volunteers.
TAR
March 2012

Section D
Achievements and performance
We had 94 new cases in the year. 43 cases were debt related and 51 re
non debt. This is the highest number of cases in any given year and an
increase of 27 % from the previous year.
Summary of the main
achievements of the charity
during the year
90 % of our clients were signposted or referred to us by other agencies or
individuals. The agencies that signpostedlreferred to us Include Social
Prescriber for Harpenden (30 %). The Harpenden Trust(10 % ) and the
Citizens Advice (14 % ).
We helped people with budgeting, general money advice, benefits advice
and support, Debt Relief Orders (15). Bankruptcy (1), Debt Management
Plans (14), IVA referral (1) and Court support.
During the year we helped 16 clients get £276,000 debts written off
through Bankruptcy or DRO'S. We managed to get another £34,000
written off on compassionate grounds.
We helped clients receive back dated benefit awards of £61,000 and on-
going weekly awards of £3,100.
We are indebted to MMRG Ltd, local churches and individuals for their
financial support.
TAR
March 2012

Section E
Financial review
Brief statement of the
charity's policy on reserves
The Charity seeks to keep reserves equivalent to six months worth of
expenditure in reserve.
Details of any funds materially
in deficit
Further financial review details (Optional inforniation)
You may choose to include
additional information, where
relevant about:
the charity's principal
sources of funds (including
any fundraising);
how expenditure has
supported the key objectives
of the charity;
investment policy and
objectives including any
ethical investment policy
adopted.
Section F
Other optional information
Section G
Declaration
The trustees declare that they have approved the trustees, report above.
Signed on behalf of the charity's trustees
Signature(s)
Full name(s)
Position (eg Secretary, Chair,
etc)
Richard Anthony Payne
Treasurer
Date
27109124
TAR
March 2012

CHARITY COMMISSION
FOR ENGLAND AND WALES
Harpenden Money Advice Centre
1161164
Receipts and
ments accounts
3111212023
To
CC16a
For the period
from
0110112023
Section A Receipts and payments
Unrestrlcted
funds
to the nearest
Restricted
funds
to the nearest £
Endowment
funds
to the nearèst £
Total funds
Last year
to the nearest £
to the nearest £
A1 Recei
Gifts - Individuals
Gifts - Churches
Gifts- HCF
Gifts - Trusts
Gifts- Companies
Gift Aid Received
Interest Received
2,941
3,580
150
3.091
3,990
4.230
1,000
828
2,500
855
362
7,500
1,040
7,500
to
ross Income
AR)
14,390
1,190
15.580
13,403
sset an
see tsble .
inves
men
sa
es,
to
.390
1,190
15,580
,403
A3Pa
ments
Subscriptions ~ CMA & PO
Insurance & ICO
Telephone
PPS, Computer supplies & equipment
Mileage & parking
Grants- Clients & others
Training & conference
Administrator salary
Mis￿lIaneOUS
1.496
499
791
1,496
499
791
1,428
437
692
583
510
1,371
794
4,802
174
10.791
439
1,545
1,161
5,291
577
12.343
439
1,960
1.161
5.291
577
12.758
415
Sub total
415
A4 Asset and investment
La
to
Banners
343
314
657
Sub total
12.343
415
12,758
11,448
Net of receipts/(payments)
A5 Transfers between funds
A6 Cash funds last year end
Cash funds this year end
2,047
775
2,822
1,955
8.911
10,958
279
1,054
9,190
12.012
7,235
9,190
CCXX R1 accounts (SS)
2710912024

Section B Statement of assets and liabilities at the end of the period
Categories
Details
Untestrlcted
funds
to nearest £
1.951
Restri¢ted
funds
to nearest £
Endowment
funds
to nearest £
B1 Cash funds
Lloyds Current
Lloyds Savings
1.054
9,007
Total cash funds
10.958
(agree balan¢e$ with receipts and payments
account{s))
1,054
Unrestricted
funds
to nearest £
795
Restricted
funds
to nearest £
Details
Gift Aid Debtor
Endowment
funds
to nearest £
B2 Other monetary assets
Details
Fund to which
asset belon
c￿$t (optional)
Current value
tional
Details
Samsung Printer
Fund to which
asset bel
UnrestriGted
Current value
tlonal
B4 Assets retaFned for the
charlty's own use
Cost (optional)
Dell Laptop
A Frame Board
Unrestricted
Restricted
Brother Printer
Unrestricted
HP Laptop
Banners
Restricted
unrestricted
Details
Fund to which
relates
Amount due
tional
When due
tional
B5 Liabilitles
Signed by one or two trustees on
behalf of all the trustees
Signature
Print Name
Date of
roval
Richard Pa
ne
2710912024
CCXX R2 accounts (SS)
2710912024