Banana Enterprise Network

Analysis

Banana Enterprise Network is a registered charity in England and Wales, based in Manchester. It was registered in April 2015, 11 years ago. Its declared purposes cover education/training, the prevention or relief of poverty and economic/community development/employment, which this site groups under poverty relief. Legally it is a charitable company (Companies House number 09133991). It says it provides services and provides advocacy/advice/information.

In the financial year ending March 2025, Banana Enterprise Network reported income of £577k and spending of £590k, spending 102% of its income. Across the 5 years on record, from March 2021 to March 2025, income grew from £75k to £577k (+669%), an average of +66% a year. The sharpest change came in the year to March 2025, when income rose by 423%. Over the whole period it spent 101% of the income it received.

Among 15,276 England and Wales charities whose main cause is poverty relief and that reported income, Banana Enterprise Network sits at the 89th percentile: it is larger than about 88% of them. Against every charity in England and Wales with reported income it ranks in the 91st percentile. Charities of a similar size with the same main cause include Sufi Abdullah Foundation (£577k), Jeg Trust Limited (£578k) and Guildford Action for Community Care (£577k).

In its latest detailed accounts, income came from charitable activities 99%. Charitable activities took 98% of spending and raising funds 0.0%. Reserves of £31k would cover about 1 months of spending at that rate. It employed 2 people.