SKY DEVELOPMENT NETWORK
SKY DEVELOPMENT NETWORK is a charity organisation currently based in the UK that provides humanitarian assistances and beneficial community programmes both in the UK and Overseas.
Financial health, per its FY2025 accounts
The accounts state that the charity generated a surplus of £24k with total income of £147k against expenditure of £123k. Per the trustees' report, the charity remains financially solvent and holds unrestricted reserves of £23,008 to meet obligations and future planned activity.
What the accounts disclose
Trustees
- AHMED NUH
- Abdullahi Dirie
- Ahmed Warsama
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 03/03/2025 | £147k | £124k |
| 03/03/2024 | £2k | £26 |
| 01/01/2023 | £0 | £0 |
| 01/01/2022 | £0 | £0 |
| 01/01/2021 | £0 | £0 |
Common questions
Is SKY DEVELOPMENT NETWORK financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated a surplus of £24k with total income of £147k against expenditure of £123k. Per the trustees' report, the charity remains financially solvent and holds unrestricted reserves of £23,008 to meet obligations and future planned activity. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE CIBC WORLD MARKETS CHILDREN'S FOUNDATION | 1 | £187k |
| IMPETUS - THE PRIVATE EQUITY FOUNDATION | 1 | £93k |
| NEWCASTLE UPON TYNE HOSPITALS NHS CHARITY | 1 | £88k |
| WEST HACKNEY PAROCHIAL CHARITY | 1 | £74k |
| THE LONDON MARATHON CHARITABLE TRUST LIMITED | 1 | £59k |
| THE BARBOUR FOUNDATION | 1 | £15k |
| THE SIR BERNARD & LADY SCHREIER FOUNDATION | 1 | £9k |
| HACKNEY COUNCIL FOR VOLUNTARY SERVICE | 1 | £9k |
Charities like this
- SKYWAY CHARITY
- GLOBAL COMPACT NETWORK UK
- SKY BLUES IN THE COMMUNITY
- CDAC NETWORK LIMITED
- NEW COMMUNITY NETWORK
- BS3 COMMUNITY DEVELOPMENT
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| SKY DEVELOPMENT NETWORK | £147k | — | 0 | unclear | — | no doubt |
| SKYWAY CHARITY | £613k | — | 0 | within | — | no doubt |
| GLOBAL COMPACT NETWORK UK | £3.7m | — | 0 | below | — | no doubt |
| SKY BLUES IN THE COMMUNITY | £1.9m | — | — | above | — | no doubt |
| CDAC NETWORK LIMITED | £975k | — | — | above | — | no doubt |
| NEW COMMUNITY NETWORK | £1.3m | — | 0 | unclear | — | no doubt |