ASHANTI DEVELOPMENT
Our mission is to relieve poverty and promote health and development in and around the Ashanti Region of Ghana by means including the provision of safe and accessible water.
Financial health, per its FY2024 accounts
The accounts state that the charity holds unrestricted reserves to cover staff salaries for approximately one year, indicating a reserve policy focused on operational continuity. The independent examiner confirmed that accounting records were kept and the accounts accord with those records, with no matters causing concern regarding the preparation of the accounts.
What the accounts disclose
“Ashanti Development sent £146,448 to Ashanti in 2024, and spent it on the projects described below.” — page 3
“Ashanti Development holds a reserve in the UK to be used to cover salaries for our staff in Ghana for approximately one year.” — page 12
Register events
- Received assets from another charity (29/09/2011)
Trustees
- ALBERT KWAME ANTWI
- Angela Adwoa Korkoh Cobbina
- Dr David Charles Rees PhD
- Gillian Diana Black
- Helen Dawn Williamson
- Jasmine Elizabeth Buckley
- MARTHA BOADU
- Navrohit Kandola
- PENNY DAVID
- Professor Richard Black
- Saulius Sliackus
- William Oteng-Mensah
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £129k | £187k |
| 31/12/2023 | £164k | £153k |
| 31/12/2022 | £159k | £165k |
| 31/12/2021 | £240k | £169k |
| 31/12/2020 | £127k | £130k |
Common questions
Is ASHANTI DEVELOPMENT financially healthy?
Per its FY2024 accounts: The accounts state that the charity holds unrestricted reserves to cover staff salaries for approximately one year, indicating a reserve policy focused on operational continuity. The independent examiner confirmed that accounting records were kept and the accounts accord with those records, with no matters causing concern regarding the preparation of the accounts. Its FY2024 accounts were independently examined.
Who funds ASHANTI DEVELOPMENT?
Funders whose own accounts filings name ASHANTI DEVELOPMENT as a grant recipient include THE T U U T CHARITABLE TRUST, TEACHERS GROUP EDUCATIONAL TRUST, THE RANDAL CHARITABLE FOUNDATION, THE FORRESTER FAMILY TRUST, MISS E F RATHBONE CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE T U U T CHARITABLE TRUST | FY2023 | £50k | Support for a three-year project to improve agriculture in Ghana. |
| TEACHERS GROUP EDUCATIONAL TRUST | FY2022 | £13k | Grant making |
| THE T U U T CHARITABLE TRUST | FY2022 | £10k | Support eye health/cataract operations in Ghana |
| THE RANDAL CHARITABLE FOUNDATION | FY2022 | £10k | |
| TEACHERS GROUP EDUCATIONAL TRUST | FY2021 | £6k | |
| THE FORRESTER FAMILY TRUST | FY2022 | £5k | SMALLER GRANTS |
| MISS E F RATHBONE CHARITABLE TRUST | FY2022 | £2k | |
| THE RANDAL CHARITABLE FOUNDATION | FY2023 | £0 |