FAIR CREDIT CHARITY LTD

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -16.8%

  £4,454,356 → £3,708,043

• Cash

  +74.1%

  £2,031,448 → £3,537,062

  highest in 3 filed years

• Net assets

  -1.9%

  £3,498,064 → £3,432,380

• Employees

  -12%

  25 → 22

• Wages

  -1.6%

  £792,583 → £779,906

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

1. FAIR CREDIT CHARITY LTD 2022-04-13 → present
2. FAIR FOR YOU LTD 2014-04-10 → 2022-04-13

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Blick Rothenberg Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.”

Group structure

1. FAIR CREDIT CHARITY LTD · parent
   1. Fair For You Enterprise CIC Limited 100% · United Kingdom · provides loans to families with low financial resilience
   2. There4U Limited 100% · United Kingdom · receive income from lending activities and commission
   3. Fayre4U Limited 100% · United Kingdom · receive income from lending activities and commission

Significant events

• “In 2022 the Charity made the decision to change its name to the Fair Credit Charity to reduce confusion with its subsidiary Community Interest Company.”
• “In 2024 the Charity incorporated two subsidiary companies, Fayre4U Limited and There4U Limited.”
• “Utilising the 'Associate' programme of the social purpose organisation, 'On Purpose', from April to September 2024, the Charity had its first full-time dedicated Executive. The On Purpose Associate was tasked with reviewing and renewing the Charity's framework administrative and governance documents and website. Additionally, the Associate was also asked to explore commission (and publish) three research reports highlighting the Charity's position on key topics relevant to its strategy.”
• “The Trustees agreed to a clearer and more focused direction for the Charity for 2025 and beyond. For the future, the Trustees wanted the Charity to concentrate on influencing the financial, legislative and regulatory landscape - to help create an ethical and responsible lending environment in which financially excluded people can be better served.”
• “There was one covenant breach in 2024 for which Fair for You Enterprise CIC received a full waiver.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

3

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.