Charity Accounts Intelreading the accounts so you don’t have to

GLOBAL COMPACT NETWORK UK

Registered charity 1202147 · accounts filings on the Charity Commission register · also known as UN GLOBAL COMPACT NETWORK UK

The objects of the Charity are:2.1.1 To promote sustainable development for the benefit of the public by: (a) the preservation, conservation and the protection of the environment and the prudent use of resources; (b) the relief of poverty and the improvement of the conditions of life in socially and economically disadvantaged communities; and(c) the promotion of sustainable means of achieving

Causes: Education/training · The Prevention Or Relief Of Poverty · Environment/conservation/heritage · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£3.7m
Latest spending
£3.6m
Registered
2023
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a surplus of £105,219 for the year, bringing unrestricted reserves to £365,647. The Trustees note that this amount represents approximately 2.1 months of operating expenses, which is below their stated policy target of at least 3 months. However, the Trustees remain confident that reserves will meet the policy target by the latter half of 2025.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Membership fees
“Income for the year totalled £3,691,128 (2023: £3,272,006) of which income from membership fees was £3,022,632 (2023: £2,697,347).”
Per its FY2024 accounts as filed with the Charity Commission.
Reserves position: below the charity's own stated reserves policy (held: £366k; policy: three months of operating expenses)
“As of 31 December 2024, UN Global Compact Network UK held unrestricted reserves of £365,647, representing approximately 2.1 months of the budget for 2025.”
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Mercer & Hole LLP. Discloses 5 of 6 completeness components.

What the charity says about itself (2024)

From its own voluntary annual review / impact report — the charity’s account of its work, distinct from the statutory accounts analysed above.

The report states they delivered 118 engagement activities reaching over 23,000 registrations.
“In 2024, we delivered 118 engagement activities for our members and the wider business community, reaching employees across the UK with a total of over 23,000 event registrations.”
The report details their total emissions for 2024.
“In 2024, our total emissions amounted to 100.40 tonnes CO2e, with the majority of this attributable to Scope 3 Category 1 (Purchased goods and services) and Scope 3 Category 6 (Business travel).”
The report highlights a specific reduction in emissions from purchased goods.
“Although this continues to represent a considerable proportion of the organisation’s footprint, a 27% decrease in category 1 emissions is observed between 2023 and 2024.”
The report notes a specific outcome from partnering with Route Zero for their summit.
“This resulted in 16% of our in-person participants (of which there were 500) reducing their travel emissions using the tool that was integrated into our registration webpage.”

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Public profiles (found on the charity’s own website): instagram

Structured financials (annual return, FY ending 31/12/2024)

Total income
£3.7m
Total spending
£3.6m
Cost of raising funds
£5k
Reserves (reported)
£366k
Employees
10

Reported reserves equal ~1.2 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Charitable activities (99% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.1% of total income — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£3.7m£3.6m
31/12/2023£3.3m£3.1m

Common questions

Is GLOBAL COMPACT NETWORK UK financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a surplus of £105,219 for the year, bringing unrestricted reserves to £365,647. The Trustees note that this amount represents approximately 2.1 months of operating expenses, which is below their stated policy target of at least 3 months. However, the Trustees remain confident that reserves will meet the policy target by the latter half of 2025. Its FY2024 accounts were audited by Mercer & Hole LLP.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
MCS CHARITABLE FOUNDATION1£183k
THE JOSEPH ROWNTREE CHARITABLE TRUST1£150k
POLDEN PUCKHAM CHARITABLE FOUNDATION1£10k
LANCASHIRE CENTRAL AND NORTH AREA QUAKER MEETING1£350

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with LTPP.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
GLOBAL COMPACT NETWORK UK£3.7m—0below—no doubt
LTPP FY2024£3.1m—0above—no doubt
SUSTAINABILITY. HEALTH. ENVIRONMENT. DEVELOPMENT. FY2024£2.8m—0above—no doubt
THE GLOBAL STEERING GROUP FOR IMPACT INVESTMENT FY2024£3.7m£180,000 - £189,000—unclear—no doubt
UKGBC FY2025£3.5m——unclear—no doubt
GLOBAL SUSTAINABILITY NETWORK CIO FY2025£137k£60,0001unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.