Prepaid Financial Services
Paid by 25 London authorities
Total received£187.2m
Payments83,927
Councils25
Spend by year
£0£16.5m£32.9m
2019/202021/222023/242026/27 so far
Financial years run April to March. 2026/27 is the year so far, shown dashed.
Show the figures
| Financial year | Spend | Payments |
|---|---|---|
| 2019/20 | £4,987,752 | 1,314 |
| 2020/21 | £28,799,596 | 10,014 |
| 2021/22 | £32,900,568 | 13,476 |
| 2022/23 | £32,313,955 | 16,172 |
| 2023/24 | £28,052,385 | 14,835 |
| 2024/25 | £27,930,505 | 15,328 |
| 2025/26 | £31,496,317 | 12,711 |
| 2026/27 (so far) | £746,505 | 76 |
By council25
| Council | Total | Payments |
|---|---|---|
| Brent | £144.5m | 76,365 |
| Hillingdon | £29.0m | 4,696 |
| Wandsworth | £3.9m | 506 |
| Bexley | £2.7m | 589 |
| Kensington and Chelsea | £1.6m | 184 |
| Redbridge | £636.9k | 138 |
| Greenwich | £478.7k | 179 |
| Enfield | £472.0k | 56 |
| Hackney | £454.6k | 100 |
| Lewisham | £421.3k | 74 |
| Islington | £415.6k | 73 |
| Newham | £391.3k | 62 |
| Lambeth | £360.3k | 45 |
| Sutton | £341.7k | 154 |
| Tower Hamlets | £284.7k | 66 |
| Merton | £236.7k | 64 |
| Havering | £214.4k | 81 |
| Barking and Dagenham | £211.7k | 68 |
| Hounslow | £199.4k | 172 |
| Barnet | £163.5k | 88 |
| Richmond | £103.0k | 68 |
| Waltham Forest | £88.1k | 23 |
| Westminster | £52.8k | 53 |
| Croydon | £10.8k | 18 |
| Hammersmith and Fulham | £3,526 | 5 |
By category
| Category | Total |
|---|---|
| Social Community Care Supply and Services -Disabled Children - Volunteer Support | £49.0m |
| Social Community Care Supplies and Services - Adult | £34.5m |
| PRIVATE CONTRACTORS PAYMENT - OTHER | £18.7m |
| Financial Services - Grants | £17.1m |
| Long Term - Community: Direct Payments | £16.9m |
| Long Term - Community: Direct | £8.1m |
| Financial Services | £6.8m |
| Direct Payments | £4.8m |
| Financial Services - Rents | £3.3m |
| Grants and Contributions | £3.1m |
| SUBSISTENCE | £2.9m |
| CLIENT ALLOWANCES - SOCIAL SERVICES | £1.7m |
Other names7
Councils spell this supplier more than one way. These spellings are counted together on this page.
- Prepaid Financial Services Ltd
- Prepaid Financial Services (E-
- Prepaid Financial Services Ltd (E-Wallet)
- Prepaid Financial Services Limited
- Prepaid Financial Services (Ew
- Prepaid Financial Services Ltd (Corporate Account)
- Prepaid Financial Service (Contracts)