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MSE Discussion: MoneySavingExpert.com to join the MoneySupermarket.com group

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  • poppy10_2
    poppy10_2 Posts: 6,588 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Mr S Lewis, father of Mr M S Lewis, is a partner in Stuart and Associates.
    Stuart and Associates received £26,320 during the year as payment for operational management services.

    This cost was met entirely from the funds contributed in the year by Mr M S Lewis of £26,320 (including Gift Aid).

    Stuart and Associates was owed a further £7,280 at the year end, which was also met by a donation from Mr M S Lewis.
    Wow, who knew you could give your dad money and then get the taxpayer to contribute money on top as gift aid? Now that's what I call money saving! Can we all pull this scam? :T
    poppy10
  • DelBoyPhil
    DelBoyPhil Posts: 875 Forumite
    How would people have felt if he'd decided to float it on the stock exchange?

    You could have then bought shares in it.

    I issue is that ML sold the site to the higest bidder.. I doubt no one else would have bought it. You watch... the next 3 years will show ML for who he is.

    I personally will complain to the BBC if they continue to have him on Radio 2 and Fivelive. To me this is now a company and not a personal site. BBC can not favour a company over another.

    I expect his present on the BBC will be gone now, or limited.
  • lilgreenmomo
    lilgreenmomo Posts: 143 Forumite
    Dear Forum

    So who wins this then?

    flunce.jpg
  • terra_ferma
    terra_ferma Posts: 5,484 Forumite
    StaffsSW wrote: »
    From their own published accounts - http://www.charitycommission.gov.uk/Accounts/Ends20/0001121320_ac_20110331_e_c.pdf

    It also suggests that the charity has more money in the bank than they paid out to charitable casues.
    3 years worth of accounts are here if you want to dig further - http://www.charitycommission.gov.uk/Showcharity/RegisterOfCharities/CharityWithoutPartB.aspx?RegisteredCharityNumber=1121320&SubsidiaryNumber=0

    Some interesting figures:

    Money given out: Charitable activities 51,408
    Costs of running the charity: Governance costs 34,791

    unspent money:
    TOTAL FUNDS CARRIED
    FORWARD 178,727
  • Some interesting figures:

    Money given out: Charitable activities 51,408
    Costs of running the charity: Governance costs 34,791

    unspent money:
    TOTAL FUNDS CARRIED
    FORWARD 178,727


    No charity accounts expert but don't those figures look a little out of kilter? Is it basically saying that, of £86,000 available, almost £35,000 was swallowed up in expenses?
  • Mishomeister
    Mishomeister Posts: 1,080 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    edited 2 June 2012 at 7:11PM
    So Martin is now a MONEYMAKING Expert.

    Guess how much publicity will be on this website if you can get a cheapest insurance DEAL from for example GOCOMPARE.COM?

    NONE
  • terra_ferma
    terra_ferma Posts: 5,484 Forumite
    So Martin is now a MONEYMAKING Expert.

    Guess how much publicity will be on this website if you can get a cheapest insurance form for example GOCOMPARE.COM?

    NONE

    people will be watching MSE like hawks, any stunts like that and the site is dead
    IMO they will only keep the brand name and ditch the rest, the conflict of interest is too high, lose-lose situation, in this scenario the options are censor the site and lose value, or let it be independence and have one arm of the business damaging the other.
  • verysillyguy06
    verysillyguy06 Posts: 37,692 Forumite
    Part of the Furniture Combo Breaker
    No charity accounts expert but don't those figures look a little out of kilter? Is it basically saying that, of £86,000 available, almost £35,000 was swallowed up in expenses?

    He needed his staff to count his money
    You have the right to remain silent.Anything you do say will be misquoted and then used against you ;)

    Knowledge will give you power, but character respect.

    Bruce Lee
  • terra_ferma
    terra_ferma Posts: 5,484 Forumite
    No charity accounts expert but don't those figures look a little out of kilter? Is it basically saying that, of £86,000 available, almost £35,000 was swallowed up in expenses?

    total income was £94,567, the rest £8,368 was carried forward (a total of £178k was carried forward, accumulated over the years).
  • terra_ferma
    terra_ferma Posts: 5,484 Forumite
    He needed his staff to count his money
    taken from the report:
    No salaries or wages have been paid to employees, including the trustees, during the
    year.
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