MONEY ADVICE SCOTLANDActive
Key figures
Like most small UK companies, MONEY ADVICE SCOTLAND does not publish a profit and loss account in its latest accounts. The figures below come from the balance sheet.
Ratios
2022/23Balance sheet structure
Filed accounts2022/23
| 2022/23 | |
|---|---|
| Cash at bank and in hand | 112,246 |
| Total assets | 286,803 |
| Total liabilities | 42,014 |
| Net assets / total equity | 244,789 |
| Average number of employees | 15 |
A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.
Principal activity
Accounts 2023The principal activity of the company during the year continued to be that of promoting and championing free, independent, impartial, confidential money advice and financial inclusion and providing second-tier support (in money advice) and membership services. We began the spring of 2022 with a great deal of optimism that the worst of the Covid pandemic was finally behind us. However, much of the hope and aspiration we held for the coming year was soonput under threat by the tremendous pressure of the cost of living crisis.Money Advice Scotland exists to help people in debt, support money advisers, and influence policy. Our mission is to be the driving force towards financial wellbeing for the people of Scotland 'Because people in debt deserve to be treated fairly'.Our 4 key areas of focus are:Supporting Money Advisers so they have a place to report social policy concerns via our evidence-based platform, as well as access to training to ensure they are equipped to carry out their vital role.Helping people in debt, working towards securing fairer practices for all.Influencing policy by being a strong voice for consumers and people in debt in Scotland by identifying detriment and acting on it. Improving financial wellbeing by delivering workshops to schools, colleges, and workplaces across Scotland and working to help and support everyday people improve their financial capability
As described in the company's latest filed accounts.
Summary: MONEY ADVICE SCOTLAND
Company
MONEY ADVICE SCOTLAND is a private company limited by guarantee registered with Companies House under company number SC137717. It was incorporated on 9 Apr 1992. Its status is active. The registered office is in Glasgow (G74). Its nature of business (SIC 2007) is activities of other membership organizations n.e.c. (94990).
Accounts
The latest accounts in the database are for 2022/23 (period ending 31 Mar 2023); the company files small company accounts. Net assets were £244,789. Cash at bank and in hand was £112,246. Total assets were £286,803 and total liabilities £42,014. The company had an average of 15 employees.
Filing deadlines
The next accounts are due by 31 Dec 2026. The next confirmation statement is due by 22 Apr 2027.