Star Community Foundation
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net surplus of £1,784 for the year ended 31 August 2024, with total unrestricted reserves of £131,806. The trustees confirm that the charity holds sufficient reserves against its stated policy target of £10,000 and has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“The Trustees agreed a targeted reserves policy of £10,000 which will be reviewed on an annual basis.” — page 10
“During the year, the charity received donations of £593,806 from Star Academies (2023: £389,867), a connected entity. These donations were generated from the fundraising activities of the pupils of Star Academies. During the year, the charity has donated £4,265 to Star Academies (2023: £60,570), a connected entity. These donations were paid to Star in relation to purchasing Food Hampers and Laptops for charitable purposes.” — page 24
Corporate structure
- Registered company of the charity Companies House 07514472
Structured financials (annual return, FY ending 31/08/2024)
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £300k | £266k |
| 31/08/2024 | £652k | £650k |
| 31/08/2023 | £525k | £468k |
| 31/08/2022 | £211k | £235k |
| 31/08/2021 | £255k | £187k |
Common questions
Is Star Community Foundation financially healthy?
The accounts state that the charity reported a net surplus of £1,784 for the year ended 31 August 2024, with total unrestricted reserves of £131,806. The trustees confirm that the charity holds sufficient reserves against its stated policy target of £10,000 and has adequate resources to continue in operational existence for the foreseeable future. Its FY2024 accounts were independently examined.
Who funds Star Community Foundation?
Funders whose own accounts filings name Star Community Foundation as a grant recipient include DUCHY HEALTH CHARITY LIMITED, THE CLARE MILNE TRUST, THE JONATHAN TOWLER FOUNDATION.
Known funders
| Funder | Year | Amount |
|---|---|---|
| DUCHY HEALTH CHARITY LIMITED | FY2023 | £20k |
| THE CLARE MILNE TRUST | FY2025 | £8k |
| THE JONATHAN TOWLER FOUNDATION | FY2025 | £1k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| HABERDASHERS' ASKE'S CHARITY | 1 | £500k |
| THE WESTMINSTER FOUNDATION | 1 | £200k |