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.
Objects
ANY CHARITABLE PURPOSE FOR THE BENEFIT OF THE INHABITANTS OF WEST LONDON, IN PARTICULAR PEOPLE OF THE SOMALI COMMUNITY, IN PARTICULAR BUT NOT EXCLUSIVELY:THE RELIEF OF FINANCIAL NEEDS AND SICKNESS AND THE PROTECTION AND PRESERVATION OF GOOD HEALTH;THE ADVANCEMENT OF EDUCATION;THE PROTECTION OF PEOPLE AND PROPERTY FROM, AND THE PREVENTION OF, CRIMINAL ACTS FOR THE BENEFIT OF THE PUBLIC;THE PROVISION OR ASSISTANCE IN THE PROVISION OF FACILITIES FOR RECREATION OR OTHER LEISURE TIME OCCUPATION IN THE INTEREST OF SOCIAL WELFARE WITH THE OBJECT OF IMPROVING THEIR CONDITIONS OF LIFE.
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
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
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 |
| WEST HACKNEY PAROCHIAL CHARITY | 1 | £74k |
| THE LONDON MARATHON CHARITABLE TRUST LIMITED | 1 | £59k |
| THE MIDDLETON FOUNDATION | 1 | £39k |
| CEO SLEEPOUT | 1 | £29k |
| GLC CHARITABLE TRUST | 1 | £20k |
| STREETSMART-ACTION FOR THE HOMELESS | 1 | £10k |
Charities like this
- SKYWAY CHARITY
- GLOBAL COMPACT NETWORK UK
- SKY BLUES IN THE COMMUNITY
- CDAC NETWORK LIMITED
- RED SKY FOUNDATION
- UNDER ONE SKY CIO
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 | £1.7m | — | — | unclear | — | no doubt |
| CDAC NETWORK LIMITED | £975k | — | — | unclear | — | no doubt |
| RED SKY FOUNDATION | £865k | — | 0 | unclear | — | no doubt |