SOLAR AID
SolarAid combats poverty and climate change by providing access to solar lights in Africa to help catalyse solar markets and eradicate the kerosene lamp. We have created a social enterprise, SunnyMoney, who sell lights via sustainable school networks and local enterprises.
Financial health, per its FY2025 accounts
The accounts state that total income increased by 48% to £3.7 million, while total expenditure decreased by 4% to £3.7 million, resulting in a net incoming resource of £7k. The charity's free reserves stood at £195k, which is below the stated policy target of £400k, following the cessation of a longstanding corporate donation. The trustees concluded that the charity has adequate resources to continue as a going concern for the foreseeable future.
What the accounts disclose
“The charity is indebted to Covington & Burling LLP for providing legal advice as pro bono services. The value placed on these contributions by the donor is £13k (2023/24: £31k).” — page 40
Leadership, per the charity’s website
- Nick Pearson — Chief Executive Officer
Funders the charity credits
- RS Group
- Astro Lighting
- The ERM Foundation
- Nomad Exhibitions
- Pinwheel
- EDF Renewables
- Statkraft
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (05/08/2022)
Trustees
- Lionel Marumahokochair
- Chris Austin
- Emma Colenbrander
- Jamal Gore
- John Faulks
- Mirjana Skrba
- Ujunwa Ojemeni
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £4.0m | £4.0m |
| 31/03/2024 | £2.5m | £3.3m |
| 31/03/2023 | £2.8m | £3.2m |
| 31/03/2022 | £2.8m | £2.4m |
| 31/03/2021 | £1.7m | £1.7m |
Common questions
Is SOLAR AID financially healthy?
Per its FY2025 accounts: The accounts state that total income increased by 48% to £3.7 million, while total expenditure decreased by 4% to £3.7 million, resulting in a net incoming resource of £7k. The charity's free reserves stood at £195k, which is below the stated policy target of £400k, following the cessation of a longstanding corporate donation. The trustees concluded that the charity has adequate resources to continue as a going concern for the foreseeable future. Its FY2025 accounts were audited by Crowe U.K. LLP.
Who funds SOLAR AID?
Funders whose own accounts filings name SOLAR AID as a grant recipient include AEONIAN FOUNDATION, THE TURNER-KIRK TRUST, THE EQ FOUNDATION, ALLAN AND NESTA FERGUSON CHARITABLE SETTLEMENT, H C D MEMORIAL FUND.
Known funders
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 26/02/2007 | £9k | Research and analysis to develop solar power programme in Tanzania or Zambi |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE AURORA TRUST | 1 | £1.2m |
| THE LINBURY TRUST | 1 | £688k |
| KUSUMA TRUST UK | 1 | £592k |
| THE OVO CHARITABLE FOUNDATION | 1 | £376k |
| Howden Foundation | 1 | £195k |
| THE MARK LEONARD TRUST | 1 | £140k |
| MCS CHARITABLE FOUNDATION | 1 | £112k |
| JOHN ELLERMAN FOUNDATION | 1 | £110k |
Charities like this
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| SOLAR AID | £4.0m | — | — | unclear | — | no doubt |
| AID4ACTION | £108k | — | 0 | above | — | no doubt |
| Ashden Climate Solutions | £7.4m | — | 8 | unclear | — | no doubt |
| THE AFRICA TRUST | £1.6m | — | 0 | above | — | no doubt |
| SOS AFRICA | £992k | — | 0 | above | — | no doubt |
| CHALLENGEAID | £126k | — | 0 | unclear | — | no doubt |