THE NORTHSTAR FOUNDATION
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.
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.
What the accounts disclose
“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
“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
“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
“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
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Corporate structure
- Registered company of the charity Companies House 09035820
Company officers (Companies House)
- I'ANSON, Stephen Mark on trustee list
- HENFREY, Anthony William, Dr on trustee list
- ROSS, Antony David on trustee list
- O'ROURKE, Emma Ruth
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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.