THE NORTHSTAR FOUNDATION

Registered charity 1158262 · accounts filings on the Charity Commission register

To support regeneration by all or any of the following: the advancement of education, training; the provision of financial or technical assistance to organisations and individuals wishing to develop entrepreneurial and other skills; provide opportunities for others; and such other exclusively charitable purpose as the Trustees may from time to time determine in accordance with the law of charity.

Objects

THE CHARITY'S OBJECTS (OBJECTS) ARE:1)THE PROMOTION, FOR THE PUBLIC BENEFIT GENERALLY BUT WITH PARTICULAR REFERENCE TO THE INHABITANTS OF THE NORTH EAST OF ENGLAND (TO INCLUDE NORTHUMBERLAND, COUNTY DURHAM, TYNE AND WEAR AND THE TEES VALLEY AREAS, WITH THE TEES VALLEY BEING DEFINED AS THE HARTLEPOOL, MIDDLESBROUGH, REDCAR AND CLEVELAND, DARLINGTON AND STOCKTON ON TEES UNITARY AUTHORITY AREAS), OF URBAN OR RURAL REGENERATION IN AREAS OF SOCIAL AND ECONOMIC DEPRIVATION BY ALL OR ANY OF THE FOLLOWING MEANS: A) THE ADVANCEMENT OF EDUCATION, TRAINING AND/OR RETRAINING; ANDB) THE PROVISION OF FINANCIAL OR TECHNICAL ASSISTANCE TO ORGANISATIONS AND INDIVIDUALS WISHING TO:I) DEVELOP ENTREPRENEURIAL AND OTHER SKILLS;II) PROVIDE OPPORTUNITIES FOR OTHERS; AND/ORIII) PROVIDE HELP TO THOSE IN CASE OF FINANCIAL OR OTHER CHARITABLE NEED; AND2) SUCH OTHER EXCLUSIVELY CHARITABLE PURPOSE AS THE TRUSTEES MAY FROM TIME TO TIME DETERMINE IN ACCORDANCE WITH THE LAW OF CHARITY.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: General Charitable Purposes · Education/training · The Prevention Or Relief Of Poverty · Economic/community Development/employment · Get email alerts

Latest income
£46k
Latest spending
£25k
Registered
2014
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that total income for the year was £45,656, resulting in a net increase in funds of £20,308. The charity holds unrestricted reserves of £626,863, which significantly exceeds the stated immediate need of £10,000. The Trustees consider the charity well-placed to manage its business risks and continue operations.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: no more than £10,000 to cover one year’s audit and tax fees and Trustees’ expenses (held: £627k)
“The immediate need of the Trust is considered to be no more than £10,000 to cover one year’s audit and tax fees and Trustees’ expenses.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Donation from Northstar Ventures Limited
“During the year, the charity received donation income of £5,001 (2024: £5,000) from a related company, Northstar Ventures Limited.” — page 20
“During the year, the charity received donation income of £17,201 (2024: £5,000) from a related company, NEL Fund Managers Limited.” — page 20
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Donation from NEL Fund Managers Limited
“During the year, the charity received donation income of £5,001 (2024: £5,000) from a related company, Northstar Ventures Limited.” — page 20
“During the year, the charity received donation income of £17,201 (2024: £5,000) from a related company, NEL Fund Managers Limited.” — page 20
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Payment of confirmation statement fee for subsidiary NSF Holdings Limited
“During the year, the charity received donation income of £5,001 (2024: £5,000) from a related company, Northstar Ventures Limited.” — page 20
“During the year, the charity received donation income of £17,201 (2024: £5,000) from a related company, NEL Fund Managers Limited.” — page 20
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by RSM UK Audit LLP. Discloses 4 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Corporate structure

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Trustees · trustee networks

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

Operates in: Throughout England

Income and spending

Financial year endIncomeSpending
31/03/2025£46k£25k
31/03/2024£33k£27k
31/03/2023£33k£120k
31/03/2022£58k£28k
31/03/2021£60k£233k

Common questions

Is THE NORTHSTAR FOUNDATION financially healthy?

Per its FY2025 accounts: The accounts state that total income for the year was £45,656, resulting in a net increase in funds of £20,308. The charity holds unrestricted reserves of £626,863, which significantly exceeds the stated immediate need of £10,000. The Trustees consider the charity well-placed to manage its business risks and continue operations. Its FY2025 accounts were audited by RSM UK Audit LLP.