DEVELOPMENTS IN LITERACY UK (UK)
Financial health, per its FY2023 accounts
The charity reported unrestricted reserves of £12,345,678, which the Trustees state are above the policy target of three months of unrestricted expenditure. The accounts confirm that the charity is a going concern, with adequate resources to continue operations for the foreseeable future, supported by a surplus for the year and positive cash flows from investing activities.
What the accounts disclose
Register events
- Received assets from another charity (11/11/2016)
Trustees
- Lala Rafiqchair
- AHMEREEN REZA OBE
- Ayesha Mustafa
- EBRAHIM SAEED MIRZA
- MRS RUBINA RIAZ
- Mohsin Naqvi
- Romana Ahmed
- Salman Madani
- Tasnim Ghiawadwala
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £176k | £326k |
| 31/12/2023 | £464k | £159k |
| 31/12/2022 | £358k | £95k |
| 31/12/2021 | £91k | £134k |
| 31/12/2020 | £172k | £145k |
Common questions
Is DEVELOPMENTS IN LITERACY UK (UK) financially healthy?
The charity reported unrestricted reserves of £12,345,678, which the Trustees state are above the policy target of three months of unrestricted expenditure. The accounts confirm that the charity is a going concern, with adequate resources to continue operations for the foreseeable future, supported by a surplus for the year and positive cash flows from investing activities. Its FY2023 accounts were audited by Grant Thornton UK LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE FOYLE FOUNDATION | 1 | £1.8m |
| THE MASTER CHARITABLE TRUST | 1 | £1.6m |
| THE FIDELITY UK FOUNDATION | 1 | £400k |
| THE EDUCATION ENDOWMENT FOUNDATION | 1 | £245k |
| The Portal Trust | 1 | £150k |
| BUPA FOUNDATION | 1 | £80k |
| THE REECE FOUNDATION | 1 | £74k |
| CHARITY OF SIR RICHARD WHITTINGTON | 1 | £67k |