CCEW Charity Commission profile

RELEASE FINANCIAL CHARITY

Registered charity 1155290 · organisation 5039502

01 Identity

Registration and reporting

Registration status
Registered
Reporting status
Submission Received
Charity type
CIO
Registered
10 January 2014
Removed
Not supplied
Financial period
1 April 2025 – 31 March 2026
Latest income
£32,495
Latest expenditure
£51,641
Gift Aid
Yes
Owns or uses land
No
In administration
No
Insolvent
No
CIO
Yes

Public contact address: 69 St Austell Street, Truro, TR1 1SE

Website recorded by the regulator: www.releaseonline.org.uk (displayed as text)

02 Activities

What the charity does

Release is a money education charity and home of Budget Buddies. Providing money education (financial capability) training, guidance & information to educate & equip people with the crucial life skill of managing their finances & making informed choices. Including practical help with budgeting & related support. Budget Buddies is a mentoring scheme supporting people manage their finances. .

03 Official extract

Charity Annual Return History

Fin Period Start Date
1 April 2025
Fin Period End Date
31 March 2026
Ar Cycle Reference
AR26
Reporting Due Date
31 January 2027
Date Annual Return Received
27 August 2026
Date Accounts Received
27 August 2026
Total Gross Income
£32,495
Total Gross Expenditure
£51,641
Fin Period Start Date
1 April 2024
Fin Period End Date
31 March 2025
Ar Cycle Reference
AR25
Reporting Due Date
31 January 2026
Date Annual Return Received
30 May 2025
Date Accounts Received
30 May 2025
Total Gross Income
£7,493
Total Gross Expenditure
£35,451
Fin Period Start Date
1 April 2023
Fin Period End Date
31 March 2024
Ar Cycle Reference
AR24
Reporting Due Date
31 January 2025
Date Annual Return Received
4 August 2024
Date Accounts Received
4 August 2024
Total Gross Income
£5,342
Total Gross Expenditure
£31,424
Fin Period Start Date
1 April 2022
Fin Period End Date
31 March 2023
Ar Cycle Reference
AR23
Reporting Due Date
31 January 2024
Date Annual Return Received
5 October 2023
Date Accounts Received
5 October 2023
Total Gross Income
£90,370
Total Gross Expenditure
£85,332
Fin Period Start Date
1 April 2021
Fin Period End Date
31 March 2022
Ar Cycle Reference
AR22
Reporting Due Date
31 January 2023
Date Annual Return Received
10 May 2022
Date Accounts Received
10 May 2022
Total Gross Income
£89,731
Total Gross Expenditure
£82,632

04 Official extract

Charity Annual Return Parta

Latest Fin Period Submitted Ind
Yes
Fin Period Order Number
1
Ar Cycle Reference
AR26
Fin Period Start Date
1 April 2025
Fin Period End Date
31 March 2026
Ar Due Date
31 January 2027
Ar Received Date
27 August 2026
Total Gross Income
£32,495
Total Gross Expenditure
£51,641
Grant Making Is Main Activity
No
Charity Has Trading Subsidiary
No
Does Trustee Receive Any Benefit
Yes
Trustee Payments Acting As Trustee
No
Trustee Receives Payments Services
No
Trustee Receives Other Benefit
Yes
Trustee Resigned Employment
No
Employees Salary Over 60k
No
Count Volunteers
4
Latest Fin Period Submitted Ind
No
Fin Period Order Number
2
Ar Cycle Reference
AR25
Fin Period Start Date
1 April 2024
Fin Period End Date
31 March 2025
Ar Due Date
31 January 2026
Ar Received Date
30 May 2025
Total Gross Income
£7,493
Total Gross Expenditure
£35,451
Grant Making Is Main Activity
No
Count Govt Contracts
0
Count Govt Grants
£0
Charity Has Trading Subsidiary
No
Does Trustee Receive Any Benefit
Yes
Trustee Payments Acting As Trustee
No
Trustee Receives Payments Services
No
Trustee Receives Other Benefit
No
Trustee Resigned Employment
No
Employees Salary Over 60k
No
Count Volunteers
5
Latest Fin Period Submitted Ind
No
Fin Period Order Number
3
Ar Cycle Reference
AR24
Fin Period Start Date
1 April 2023
Fin Period End Date
31 March 2024
Ar Due Date
31 January 2025
Ar Received Date
4 August 2024
Total Gross Income
£5,342
Total Gross Expenditure
£31,424
Grant Making Is Main Activity
No
Count Govt Contracts
0
Count Govt Grants
£0
Charity Has Trading Subsidiary
No
Does Trustee Receive Any Benefit
Yes
Trustee Payments Acting As Trustee
No
Trustee Receives Payments Services
No
Trustee Receives Other Benefit
Yes
Trustee Resigned Employment
No
Employees Salary Over 60k
No
Count Volunteers
15
Latest Fin Period Submitted Ind
No
Fin Period Order Number
4
Ar Cycle Reference
AR23
Fin Period Start Date
1 April 2022
Fin Period End Date
31 March 2023
Ar Due Date
31 January 2024
Ar Received Date
5 October 2023
Total Gross Income
£90,370
Total Gross Expenditure
£85,332
Grant Making Is Main Activity
No
Count Govt Contracts
0
Count Govt Grants
£1
Income From Government Grants
£14,788
Charity Has Trading Subsidiary
No
Does Trustee Receive Any Benefit
Yes
Trustee Payments Acting As Trustee
No
Trustee Receives Payments Services
No
Trustee Receives Other Benefit
Yes
Trustee Resigned Employment
No
Employees Salary Over 60k
No
Count Volunteers
24
Latest Fin Period Submitted Ind
No
Fin Period Order Number
5
Ar Cycle Reference
AR22
Fin Period Start Date
1 April 2021
Fin Period End Date
31 March 2022
Ar Due Date
31 January 2023
Ar Received Date
10 May 2022
Total Gross Income
£89,731
Total Gross Expenditure
£82,632
Charity Raises Funds From Public
No
Charity Receives Govt Funding Contracts
No
Charity Receives Govt Funding Grants
Yes
Count Govt Grants
£1
Income From Government Grants
£30,638
Charity Has Trading Subsidiary
No
Does Trustee Receive Any Benefit
No
Trustee Resigned Employment
No
Employees Salary Over 60k
No
Count Volunteers
19

05 Official extract

Charity Area Of Operation

Geographic Area Type
Local Authority
Geographic Area Description
Nottinghamshire
Welsh Ind
No
Geographic Area Type
Local Authority
Geographic Area Description
Cornwall
Welsh Ind
No
Geographic Area Type
Local Authority
Geographic Area Description
Derbyshire
Welsh Ind
No

06 Official extract

Charity Classification

Classification Code
207
Classification Type
Who
Classification Description
The General Public/mankind
Classification Code
105
Classification Type
What
Classification Description
The Prevention Or Relief Of Poverty
Classification Code
101
Classification Type
What
Classification Description
General Charitable Purposes
Classification Code
306
Classification Type
How
Classification Description
Provides Services
Classification Code
307
Classification Type
How
Classification Description
Provides Advocacy/advice/information

07 Official extract

Charity Event History

Charity Name
RELEASE FINANCIAL CHARITY
Charity Event Order
2
Event Type
Asset transfer in
Date Of Event
2014-07-08T00:00:00
Reason
Funds transferred (gi)
Assoc Organisation Number
4016594
Assoc Registered Charity Number
1110731
Assoc Charity Name
RELEASE (FINANCIAL) CHARITABLE TRUST
Charity Name
RELEASE FINANCIAL CHARITY
Charity Event Order
1
Event Type
CIO registration
Date Of Event
2014-01-10T00:00:00

08 Official extract

Charity Governing Document

Governing Document Description
CIO - Foundation Registered 10 Jan 2014
Charitable Objects
THE TRUSTEES MUST APPLY THE INCOME OF THE CHARITY IN FURTHERING THE FOLLOWING OBJECTS FOR THE BENEFIT OF THE INHABITANTS OF THE EAST MIDLANDS OR OTHER PARTS OF ENGLAND AND WALES AS THE TRUSTEES SHALL FROM TIME TO TIME DETERMINE:(1) THE RELIEF OF POVERTY AND UNEMPLOYMENT FOR THE BENEFIT OF THE PUBLIC BY THE PROVISION OF DEBT ADVICE SERVICES, INFORMATION AND ASSISTANCE IN RELATION TO DEBT AND PERSONAL FINANCIAL MANAGEMENT; AND (2) THE ADVANCEMENT OF EDUCATION IN MONEY MATTERS AND DEBT MANAGEMENT.

09 Official extract

Charity Other Names

Charity Name Id
536177
Charity Name Type
Working name
Charity Name
RELEASE

10 Official extract

Charity Policy

Policy Name
Serious incident reporting policy and procedures
Policy Name
Volunteer management
Policy Name
Trustee conflicts of interest policy and procedures
Policy Name
Financial reserves policy and procedures
Policy Name
Complaints handling
Policy Name
Conflicting interests
Policy Name
Safeguarding policy and procedures
Policy Name
Trustee expenses policy and procedures
Policy Name
Complaints policy and procedures
Policy Name
Paying staff
Policy Name
Safeguarding vulnerable beneficiaries
Policy Name
Risk management
Policy Name
Internal charity financial controls policy and procedures
Policy Name
Bullying and harassment policy and procedures