T￿, MONEY ADVICE SERVICE
Re Tistered Charili Numb¢r:
116?8?8
REPORT AND UNALDITED ACCOknWTS
Year ended 31 Dcccnibcr 024

TW MONEY ADVICE SERVICE
REPORT AND UNAUDITED ACCOL,ThTS- 31 December 2024
Contcnts
RetX)rt ol'the Iru5tees
Independenl examiners reTX)rr
Receipts and paiments account
Statement of asseis and liabilities
Notes to the accoun
9-10

Page l.
TII. MONF.Y ADVICE SERVICE
RF.PORT OF THE TRUSTLIS
'I'he trusi¢¢s pre5eni iheir repon iogeiher ￿"1th the accounts of 1-11.. Mone% Advice Service (TWMAS) tor the
}'ear ended 31 DeLL"mtK"r 2024.
Name and re
YiStratiun
TII'MA% is a regisiered charii).. regisirntion nuniber1162828.
Goiemii) docun)tnl
'I"II MAS is a Lhdriiable incorpordled organisation. goierned bl a ￿'ritten constitution.
Trustees
The Inisiees ot the chariiN' are ihe members of the board. Trusiees are elecied to ihe board annually. and serve
t.or a Tem ot- four l'ears. -1 rustees mai, seTh'e no more ihan three conseLUtiic terni5.
Current trustees arKI InL￿ee5 5eTh'ed during thc N"ear are as follows:_
Martin Dutt
mar￿are1 CJailand
Jeaii Moiirhouse
Robert Miller Itrom 4191?0?4)
Brigitte Herren (from 1312125)
Alice Simon lio 1416120?41
Paul Deane-w'illiams I￿ 1517P0241
li ei-yi Chen {10 311121?024)
Relruilineni. induLiion and traininu of n¢w twstces
Neil. irusiees are aptK)inted to the organisation b%. e.xisiing Irusltts at a properlv conN'ened meeting of the
Iruslees.
Ncw 1>. appoinied Iruslees are gii.'en inlorniation and adv ice Concerning Ihe hisloTr and actiN ities ot'the charit),,
Irusiee I'esponsibilities and r¢leN'ant charii>' reoulaiions. The) are also gii'en a eopy of the latest report and
acLounis in order lo give them an understhnding of ihL charil!" s financial position.
Continued......

TW MONEY ADVICF. SERVICE
REPORT OF THE TRUSTF.ES
Coniinued
Princi
al otTice
The charit) s registered address is=
30 Crown Road
T￿l¢kenhaM
TJA'13EE
Professional ad￿ isors
Bankers- HSFIC"
54 C larence Street
Kingston Urrf)n Thames
Surre).
K-FI INS
Trustecs, res
onsibilities in res
ct ol-lhe
aralion of the accounts
Chariiv law rcqiiires the irusiees of ihe organivtion io prepare a receipts and pa)'ments account and a statement
of assets and liabilitits lor each financial Near. In addition the trustees are responsible tor keepin
proper
accouiiling records ii'hich are sufticieni to sho￿. and explain ihe charitN"'s transactions and to disclose ith
reasonable aecuraci. ai an! lime the tinancial position of ihe or(Fanisation. The!. are also rcspiinsihlL lor
safeguarding the ttsseis ol- the charit!" and h¢nce for L3kiiio reasonable steps for the preN'ention and dotection of
t'raiid and other irregulariiies.
Ob-ects
The objects t.or ￿hICh the charil). is established are (i) for ihe relief of those in need bN" reason of age. ill health,
disabilit>'. financial hardship or other disadN'aiitage: {ii) to further such other exclusii'el!," chdriiable pun)oses
according 10 ihe laH' of En2land and Wales as ihe trusiees in their absolute discretion from time to tim¢
determine.
Continued....

Page 3.
TIA, MONEY ADVICE SERVICE
REPORT OF THI. TRLISTF.F.S
Continued
GO￿ernance. volunteers and staff
Tlie charit! H'as constiiuted on 19th JUIN" 2015 and registered ￿ ith the Charitv Comniission on 24th Julv 2015.
TII'MAS iiorks in partnership ￿"1th Crosslighi Adi"ice {chariti' iiuinber 11633061 10 1)perate Lrosslinlil,
TN%i¢kcnhani Branch, ￿hilh proyidcs adi.ice io mcinbers ol- the publiL from ihe T1￿. posicode area M'hl) are in
debt. I-WMAS is respoiisible tor recruilina local adi'isors Ipaid and i olunieers) ￿'hO w'ork ui)der the supervisioi)
ot LrosSli￿ht ,4di'iLe and are cok'ered b!. Cr0551iuhi Adi-icc s FL A auihorisalion. TIA'MAS also proN ides support
for adwisors and orgJanises Crosslj(pht.run monei adi ice courses for clients and other members of the public.
At ihe end ot 2024 T￿￿'mAs ernplolcd N"0 part-time staff and supp)rted 18 active volunteers. The charit}, is
'er) gratelul io ils fvolunieers who dedicated manN' hours ol-their own time 10 meeting w'iih clieiils and managing
cases diiring the N"ear.
The tnisiees held five meetings during ?024 (four regular quarterl). meetings and one straiegi, meeting).
Rei'iew of actil'ities of Crossliaht. T￿.1¢kenhaM Branch for the ¥"ear ended 31 December 20?4
WL supported ?0 I people direLiI)". and held 330 apwyinlmenis durin(J the year. achiei'ino
debt reductions of
£?78.904 and income gains ot- £J8.24L. in ihe forni of grants and benetiis a￿'arded. lor clieiits. In mani other
instan¢¢.% we were uble io slop iniercst and other charges on debts and to negotiaie atfordable debi repavn)ent
plaiis.
Clieiils usualli htar JLx)ut us fr(Ini M ord i)l-mouih. or are referred io us b)" local agenciL'S such as IhL NHS. local
auihorit!,. local churches. RUILS. 14esiia. Achie%'ing' for Children. C-itizeii s .4di'icc Bureau. housing
assoLiktions and partner charities. Our clienis span a ￿'ide spectrum of aue (our oldest client il'as 82). family
prolilcs and Lthnic backgrounds and ihe iasi majoriix" are in reccipl of bencfiis dnd live iii renled
acLommodaiion. 860/0 of our clienis had iheir main issuc resolN"ed ￿'hen ihei came to see us and 940/0 reported
n inipr()¥ement in their situaiion and leli more in Lonirol ol-IhLir fuilire. Vern feli clienis are in full-tiine
emplovnient or hake an￿ qualilicaiions. Man!" arc uiicinploN"ed. ￿'][h a disabilities or healih conditions thal
inhibii Iheir abilii! io work 1160 had menthl healih issues and 121 had mobiliTh' or de¥teriT)' issues). Some
clients hale muliiple health issUCS.
Il'e see somL LliLntS Slill sufferiiio from ihe impact of ihe Coi'id lOck'-do￿.n period5. People losi their incomL's
and livelihoods and haie not ! et been able to gei back io a qualil!. of lifc the! once enjoK'ed. The cost ot living
cri.%is Loniinues to hal e a huae impact on our clicni% and man!" face a situation of often ha￿'ing to choose
beiween pa! inbF lor t-ood or ener(pi' as the! are noi al￿.aN"S able io afiord both.
The last majoril). ot our clieni appointments are in-person. On ai'erage. each monih ￿.¢ held ? l appointments al
Si Stephen s Lhurch. East -fw"ickenham. 4 in Han) IM hich is a new locaiion lor us). 2 ai All Sainis LhurLh:
Hanipion and 4 at Hope church. Houns1o￿. lacross ? locations).
We also hcld 5 mone). ¢ducaiion courses across Richmond Borough during the N'ear - in Central 'l-N'ickenhani.
East Ti%'iLkL'nham. Ham. Hampton and Mnrrlake. These courses are designcd to equip our clients and others ￿.]lh
nione¥" manauement and budgeting skills to help them ai'oid falling inio debt.
Continued.

PagFe 4.
Tlh, MONEY ADVICF. SERVICE
REPOR T OF THE TRUSTF.F.S Continued
Rei'iew of actii'ilies durin
rhe
'ear ended 31 December ?0?4
Coniinued
t c.xist to help people lili themseli es oui of POVL'rt!' and to help ihem io build a better future for
themSel￿e5. Our i'ision is cenired on the whole ￿rSOn. meeting people at their point ol- iieed and walkiiia
'ith them Lintil Ihei. get back on their feet. This hulistic approach aims to tull). suppon ihose slrug'gling
the most and to equip them to face the rulu￿ ￿'1th confidence.
RL'sults and tinancial
sition
The receipts and pa)'ments accouni for rhe lear ended .31 Decembcr 2024 is set oui on pa(Je 7. Th¢ charitj s
bank balance tothlled £46,007 ai the ! ear end (2023.. £) 1.136).
We are verw grateful to all donors who have supported our work this l-ear and in preiiious N'ears. We are
parti¢ularli' graielul i(} St Stephen s Church Tw ickenham. I lampton Fund, Richmond F'oundation and ihc
RotaTh' Club for their oenerous SLlPPOrt. ￿ e would also likc to thank London Borough of Hounslow. lor
supwrting our work in Hounslow, {via a service lei.el agrecment be¢￿'een Houn51ow, Borough and Crosslight
Advice).
The trustecs haTr'e desionaied £3.000 of the £6.000 llrant from St stephen s Church i0￿,ardS the costs of
pr()i.'iding debi and benelii adi'ice in Houns1o￿. alter March •02). li hen ilie funding to Crosslight Irom London
Borough ot Hounslow will have b¢en I"ulli" expendcd.
The trust¢es are of the opinion thai the okerall slale of atlairs of the oruanisation at 31 tkcember 2024 is
satisfactor> and (hat Ihe organisalion has sutTicienl reserves io meei its future obligations.
Reserves
olic
The trustees aim to maintain averdge tree reser¥'es Ot-6 to 9 months planned expendiiure to cover an!,
temporary. shorttalls in ineomino rewurces and enable the charitN' io continue its ￿'ork whi15t specitic plaiis
to balance income and eKpendiiure are implemented. Ai N"ear cnd. undesignated tree reseTh'es were
£32.4201?0?3: £42.7841. equating to approximateli, 7 months of total 2025 budgeied expenditure.
Public benetit
In preparing? this report the irustees ha￿"e gi￿.en due regard the Chariti Commission's general guidance on
publ ic benetit.
ConiinLled......

P￿(ye 5.
T￿, MONF.Y ADVICF. SF.RVICE
REPORT OF IHE TRL,STEES
Continued
Related PartN' Disclosurcs
Jean Moorhouse also ser%'es as a Irustee of Crosslight Adi'ice.
Donations lo ihc Lharit)" Irom irusiees ioialled £320 in 2024 (£1.260 in ?0?3)-
No trustee receii'ed anw ￿mUneral10n or expenses from ihe chariti. during ihe i ear.
Apprc)i'¢d bi. the trustees on 4 Sepiember ?025 and signed on their khalf by..
Robert J Miller
Chair ot-Trustees

Page 6.
TJA. MONEY ADVICE SERVICE
INDEPF.NDF.NT F.XAMINERS REPORT
TO THF. TRL',s ri.ES or
TW, MONEY ADVICE SERVICE
I reEK)rt lo ihe charitN Iruslces on m) examination of the above charit). ("The Trust") accounts for the
ear ended 31 December ?0?4 which are sci oui on pages 7 to l O.
Res
onsibilities and basis ot.re
As the chariti s trust¢cs. l'ou are responsible for the preparaiion of the accounts in accordance ￿'1th
the requirenienis ot the Charitics Ali 101 l {-'Ihe .4ct-").
I report in respeci of mi, examination of the Trust's accounts Ca￿led oul under section 145 of the
201 l Act and in Lam. ingv (iut m!. examinaiion. I hai.e t"ollow-ed all the applicable Directions lyjillen by
th¢ C harit). Commission under scction 14515)(b) of the Act.
Inde cndLni exaniiner's statement
I have Lompleted MN" cxamination. I confirm that no material matters have come to MN
attention in connection w'ith the examination giving me cause io belieN'e ihat in. any maierial
rc5PCLI-
the accounting records H'ere not kepl in accordance ii'ith section 130 of the Charities Act.. or
the accounis did not accord i&"ith ihe accountinu records= or
the accounts did noi complN' w iih the applicable requiremenis Concerning tlie lorm and content of
accounts set oul in the Chariiies IAccounts and Reports} Regulations 2008 other than any
requiremeni thai Ihe accounts £ii"e a -irue and lair I'lei￿. Ivhich is not a maller considered as
part ot-an independent examination.
I have no concerns and have come across no mailers in connection with the examination to H,hich
aiteniion should be dra￿'n in ihi5 report in order lo enable a proper understanding of the accounts to be
reached.
Signed as (he independent exaniiner on
t's LL
202) bi.:
Christopher Brcc
Chartered Accounthnt

Page 7.
TW. MONEY.4DVICE SERVICE
RECEIPTS AND PA YMF.NTS ACCOLNT
FOR YEAR ENDED 31 DECEMBER *0?4
Funds of the Chariti. {£)
10*3
Note
Unresirici¢d
Restricted
Total
Total
Receipts
Donations and grants
Other Income
18.8?4
?3,850
42.674
34.?56
550
5iO
Total receipis
19.)74
23.8iO
43.?24
C051s of raisin% funds
Fundiai%ingy cosls
i24
524
Charitdble actiiities
Crossli&71il Advic¢
Siafl cosis
7.5￿)
*.000
9.500
8.iOO
15.851
18,9:0
27.992
Oiher direct costs
2.86i
3,464
Toral pas'ments
48.2)9
j8.i64
N¢t pavm¢nt5 for ihe )'ear
Toial liinds broiighi forward
Toial tiinds carried fornard
(7.ifA)
(5.035)
14.308)
48.784
58.44)
49.102
54,1 j7
Appro￿.ed b), Ihc irustees on 4 SLplcmkr 202) and si&?n¢d on their khalf by..
Robcrt J Miller
Chair of Trusiees

PagTC 8.
TII, MONEY ADVICF. SERVICE
STATEMENT OF ASSETS AND LIABILITIES
AS AT 31 DECEMBER2024
N(He
7024
?0•3
A55ets
Tangible fixed assets
Cash ai bank
Cash held bN' accountants
1.174
46.(K>7
943
51.136
165
Tax reclaim- Gift aid
1.947
1.89i
49.)95
54.137
Liabilities
Pensions pal'able
Wagjes paJabl¢
Suppliers
110
47
493
Net Assets
49.102
54.137
20?4
20?3
Statement of funds
Llnrestricted funds
Oeneial I'und
3*.420
Designated fund
41.4?0
48.784
Restricted fuThds
I li)un41oi¥ fund
Staff Costs
Coiir8es fund
4.819
4.630
73)
534
7.682
i.353
Total of funds
54.137
Approved by the trustees on 4 and signed on iheir behalf by.'-
bert J Miller
Chair ofr-Truslecs

Page 9.
TW. MONI.-1' .4DVIC'I." %I.RVICI--
NOTE TO THE.4CCOI.Th'TS
IDF.
F.MBER 1024
l. Accoiintin
The accounts have been prepared on the rcceipts and pal'menis b&sis. The accounis compl) wilh the
organisaiion's gToverningi documeni. UK Generalli" Accepied Prdctice and ihe Charities Act ?01 l insolar as
th¢}. appl). to the charil!" and lis Trustees annual report and accounts.
The tangible fixed assets are recorded ai ¢osi less a¢¢umulaied depreciaiion a]Id anN accumulalcd
inipaimient losses. Al each reportingT date the Lhatiti &ssesses Mheiher ihere is ani indicatioi) of
impaimient. If such iiidicaiion exists. Ihe recoiLrable amounr of th¢ a55¢t is deiermined Mhsch is tlie higher
of lis fair &alue less cosis ro sell and its value in use. An impairmeni loss is recognised ￿here tlie carTh ing
ainount ¢iLeeds ihe re¢overdble amount. Depreciation is charged so as io allocat¢ th¢ cost ol'atsseis less
Iheir residual value over iheir estimaied useful lives on an annual 2iQ/o reducing balance basis.
The trust¢¢% Lonfirni. in accordance wilh The Cliaritable Incorw)raled Or£ani5atioiis IGeneral} Regulations
2012. Ihai ai ihe l'ear end I'WMAS did not have an!. ou15tanding gwdniees io third parties nor ank" deb
secured on assers of the organisarion.
Tli¢ chariti"'s trusiees are responsible for ihe prepardrion of ilie accouiits. The charity" 5 trustees ¢onsider
Ihat an dLLdil is not required for ihis peri(NJ under Seciion 144 of the Charitits Act :O I l.
Donations and
nis
L"niestT]cied
Total
Richmond Foundation
10.0(
lo.￿0
London Borouuh of Richmond
5.850
Si Sieph¢n's PC
C-rosslight.4dNice
Oiher donarions
6.000
8,IK)O
10.672
10.672
Giftaid
3Tan
iible fixed ass¢ts- com
u(erslolTice
meni
l osi- As at l Jan ?0?4
-9i9
.4ddiiions during the N'ear
( urriL'dfon1'￿d- as at l Jart ?OJ?
BrouLihi forward as at l Jan ?0?4
996
Char£e for the iear
CurriL'¢lfi?n*urd- as * l Jan 20?4
l.i88
.Igi book value
..1.¥ ui 31 f)ece￿i￿er ?074
1.174
,Is ai 31 lJeLemher 2n23
94)

Page 10
-r￿. Ii()Nl.'Y AD￿ ICI".
NOTL TO THE ACCOLNTS
FOR I"III." l-l.'Ak l.'Xl)l.'D i I l)I."C F.NIBF.R 2024
4 Statcmeni of fLinds
ResiTicled (£1
G¢i3¢r41
Tothl
SvdlT"
Cosis
Lour5es
Dcsi
Balance at l Jan 2024
6.000
48.784
534
4.819
S,3$3
Income
19.374
1 £.050
8(K)
8.000
2.3.850
Expenditure
126.7381
?6.738
(10.4?0)
(6011
I10,5￿} 121,5211 148,?591
Balance at i l Dec ?0?4
9.000
7.6¥2
Th¢ Rtslricied HoLinslow' fund arose from a grani Irotn Ciogslighi AdKice for proi'iding debi and
benefit ad￿'iCe in HoungloH' from Febriw%' :O?2 iu IfarLh ?0?4. A fi￿h¢r yani beinbp received in 2024
lo coveT soine ofihe costs of work in Houslom. io Iqarch .01$ The purwse of the fiind is to cotrer the
Losr8 of proN'iding this advii¢. The balance r¢mainingi al i l Decern￿r 20?4 ￿.￿$ £2,J19.
AtE unresiricied Houn51ow fund was also establishcd in 10?? following the trustccs agr¢en)eni to
designate a PK)rtion of gTeneral fund incom¢ lo ￿nd Conlinu￿10n ￿"or￿ in Hoiinslow". when all Cros81ighi
Advice yants have been full!" expended. The purtK)s¢ of t]]e tund is io CO￿.er some of ihe cosis of
providinb) debt aiid knefii advice ii) Hounslow..
The purpose of ¢h¢ StatTCosts fund is lo cover salaries and other sthff costs.
The purFA)se of ihe Courses fund is to covcr cost of coiir5es run for Clients.
5 Related art iransaLiions
In ihc )'¢ar irusiees donaled £)20 10 ihe charit%" (£1 ?60 in ?O:J).
There ￿'tre no oth¢r Iran5aclions with the trust¢¢5.