ENTERPRISE FOR DEVELOPMENT
Relief or prevention of poverty of poor people located in the least developed, low income or lower middle income countries and communities and advancement of health.EfD will make grants to organisations or persons for the purposes of alleviating poverty or promoting the advancement of health.Grants will be made available to poor farmers to improve their farming activities, particularly irrigation.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £554,761, which is above the trustees' stated policy target of £15,000 (representing six months of reserves). The trustees confirm that the charity is prepared on a going concern basis and that current resources are sufficient to meet expenditure obligations for at least the next three years.
What the accounts disclose
“The Charity aims to have 6 months reserve in the value of £15,000 and the reserves value is reviewed annually.”
“In 2025 Mr K Palmer donated £100,000 to the charity towards the Resonance Enterprise Investment Fund in the financial year.” — page 15
Corporate structure
- Registered company of the charity Companies House 07740926
Company officers (Companies House)
- MACCORMACK, Andrew Wilson on trustee list
- COOPER, Matthew on trustee list
- WILSON, Elizabeth on trustee list
- PALMER, Keith Francis, Sir not on trustee list
- YAPP, Timothy Stuart not on trustee list
Trustees
- Andrew MacCormack
- Elizabeth Wilson
- Matthew Cooper
- Sir Keith Palmer KCMG OBE
- TIM YAPP
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £129k | £64k |
| 31/12/2024 | £15k | £24k |
| 31/12/2023 | £0 | £28k |
| 31/12/2022 | £0 | £101k |
| 31/12/2021 | £125k | £118k |
Common questions
Is ENTERPRISE FOR DEVELOPMENT financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £554,761, which is above the trustees' stated policy target of £15,000 (representing six months of reserves). The trustees confirm that the charity is prepared on a going concern basis and that current resources are sufficient to meet expenditure obligations for at least the next three years. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| GOLDMAN SACHS GIVES (UK) | 1 | £2.2m |
| CHASEHAWK LIMITED | 1 | £220k |
| THE BRADLEY AND KATHERINE WICKENS FOUNDATION | 1 | £161k |
| ST. JAMES'S PLACE CHARITABLE FOUNDATION | 1 | £125k |
| COMET CHARITIES LTD | 1 | £120k |
| UBS UK Donor-Advised Foundation | 1 | £60k |
| NES FOUNDATION LTD | 1 | £49k |
| THEIRWORLD | 1 | £40k |
Charities like this
- MINORITY ENTERPRISE DEVELOPMENT TRUST
- EMPOWER - THE EMERGING MARKETS FOUNDATION LIMITED
- THE ADFAL TRUST
- EDUPOOR LIMITED
- EDUCATION FOR THE CHILDREN FOUNDATION
- DEVELOPMENT AID FROM PEOPLE TO PEOPLE UK
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| ENTERPRISE FOR DEVELOPMENT | £129k | — | 0 | above | — | no doubt |
| MINORITY ENTERPRISE DEVELOPMENT TRUST | £202k | — | 0 | unclear | — | no doubt |
| EMPOWER - THE EMERGING MARKETS FOUNDATION LIMITED | £3.7m | £130,001 - £140,000 | — | above | 9.6% | no doubt |
| THE ADFAL TRUST | £130k | — | 0 | unclear | — | no doubt |
| EDUPOOR LIMITED | £850k | — | 0 | below | — | no doubt |
| EDUCATION FOR THE CHILDREN FOUNDATION | £654k | — | 0 | unclear | — | no doubt |