START NETWORK
Financial health, per its FY2024 accounts
The accounts state that total funds increased to £10.8 million, with unrestricted reserves of £3.26 million sitting within the charity's stated policy range of £2.9 million to £3.2 million. The charity reported a net income of £278,000 and confirmed it has sufficient resources to remain operational for at least the next twelve months.
What the accounts disclose
“In the band £100,001 - £110,000 2” — page 31
“Total key management personnel remuneration (including pension costs) in the year was £242,427” — page 31
“Start Network has set an unrestricted reserves level in the range of £2.9 million to £3.2 million.” — page 9
Year-over-year changes
- Reserves position vs the charity's own policy moved from "above" (FY2023) to "within" (FY2024).
Leadership, per the charity’s website
- Muhammad Amad — Start Network Trustee
Funders the charity credits
- IKEA Foundation
- Conrad N. Hilton Foundation
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Sanjayan Srikanthanchair
- Angelina Nyajima Simon Jial
- Aydrus Sheikh Daar
- Giovanni Stoppiello
- Jamshaid Farid
- Malcolm David Spence
- Mohammad Iqbal Rafiq
- Muhammad Amad
- Salome Mulangala Ntububa
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £23.8m | £23.5m |
| 31/12/2023 | £21.9m | £16.5m |
| 31/12/2022 | £6.4m | £7.9m |
| 31/12/2021 | £5.6m | £3.2m |
| 31/12/2020 | £3.5m | £2.3m |
Common questions
Is START NETWORK financially healthy?
The accounts state that total funds increased to £10.8 million, with unrestricted reserves of £3.26 million sitting within the charity's stated policy range of £2.9 million to £3.2 million. The charity reported a net income of £278,000 and confirmed it has sufficient resources to remain operational for at least the next twelve months. Its FY2024 accounts were audited by Crowe U.K. LLP.
What does the highest-paid employee of START NETWORK earn?
Per its FY2024 accounts, the highest-paid employee was in the £100,001 - £110,000 band, and 10 employees earned over £60,000.
Who funds START NETWORK?
Funders whose own accounts filings name START NETWORK as a grant recipient include ELRHA, Howden Foundation.
Known funders
| Funder | Year | Amount |
|---|---|---|
| ELRHA | FY2023 | £740k |
| ELRHA | FY2022 | £464k |
| Howden Foundation | FY2023 | £401k |
| ELRHA | FY2024 | £231k |
| Howden Foundation | FY2024 | £201k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Postcode Lottery | 10/02/2025 | £500k | Special Award 2025 - Year 2 of 2 |
| Postcode Lottery | 01/12/2023 | £500k | Special Award 2024 - Year 1 of 2 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ZOUQ FOUNDATION | 1 | — |
| Founders Pledge Ltd | 1 | £6.5m |
| PENNY APPEAL | 1 | £1.3m |
| EFFECTIVE VENTURES FOUNDATION | 1 | £1.0m |
| WAR ON WANT | 1 | £367k |
| THE LADY FATEMAH (A.S.) CHARITABLE TRUST | 1 | £211k |
| JIGSAW CHARITY | 1 | £151k |
| THE CENTRE FOR INNOVATION IN VOLUNTARY ACTION | 1 | £131k |