QUADSTAR CHARITABLE FOUNDATION
Quadstar provides grants to help young people in education and bursary support in schools in the UK to disadvantaged students who show passion and determination in embracing a variety of educational opportunities.
Financial health, per its FY2025 accounts
The accounts state that the charity's work is almost entirely dependent on donations from Mr N Butcher and his companies, indicating significant funding concentration. The charity reported a net income of £54,066 for the year, resulting in unrestricted funds of £52,233, while maintaining a reserves policy target of £1,000 to cover unexpected expenditure.
What the accounts disclose
“During the year the charity received donations totalling £160,773 (2024: £21,000) from companies in which Mr N Butcher, trustee, has a controlling interest.” — page 14
“The trustees have built up an unrestricted reserve fund to cover unexpected expenditure of up to £1,000.” — page 5
“During the year the charity received donations totalling £160,773 (2024: £21,000) from companies in which Mr N Butcher, trustee, has a controlling interest.” — page 14
Year-over-year changes
- Going concern: going-concern doubt noted (FY2024) → no going-concern doubt (FY2025).
Trustees
- MR NICK BUTCHERchair
- Michelle Isla Ewing Butcher
- SUZANNE SMITH
- Wendy Suzanne Bayliss
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £165k | £111k |
| 31/03/2024 | £47k | £126k |
| 31/03/2023 | £164k | £101k |
| 31/03/2022 | £60k | £51k |
| 31/03/2021 | £0 | £24k |
Common questions
Is QUADSTAR CHARITABLE FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity's work is almost entirely dependent on donations from Mr N Butcher and his companies, indicating significant funding concentration. The charity reported a net income of £54,066 for the year, resulting in unrestricted funds of £52,233, while maintaining a reserves policy target of £1,000 to cover unexpected expenditure. Its FY2025 accounts were independently examined.
Who funds QUADSTAR CHARITABLE FOUNDATION?
Funders whose own accounts filings name QUADSTAR CHARITABLE FOUNDATION as a grant recipient include WILFRID AND CONSTANCE CAVE FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| WILFRID AND CONSTANCE CAVE FOUNDATION | FY2025 | £5k | |
| WILFRID AND CONSTANCE CAVE FOUNDATION | FY2023 | £5k | |
| WILFRID AND CONSTANCE CAVE FOUNDATION | FY2024 | £1k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE THALES CHARITABLE TRUST | 1 | — |
| THE HISCOX FOUNDATION | 1 | £50k |
| DUCHY HEALTH CHARITY LIMITED | 1 | £25k |
| THE URSULA KEYES TRUST | 1 | £16k |
| THE ANTHONY AND ELIZABETH MELLOWS CHARITABLE SETTLEMENT | 1 | £10k |
| THE CLARE MILNE TRUST | 1 | £8k |
| SANDRA CHARITABLE TRUST | 1 | £3k |
| THE FRANK LITCHFIELD GENERAL CHARITABLE TRUST | 1 | £3k |
Charities like this
- Star Community Foundation
- FUTURE STARS
- THE NEWSTAR FOUNDATION
- SWANLAND EDUCATION AFRICA TRUST
- STANFORD FOUNDATION (UK) LIMITED
- THE THOMAS SQUIRE CHARITY
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| QUADSTAR CHARITABLE FOUNDATION | £165k | — | 0 | above | — | no doubt |
| Star Community Foundation | £300k | — | 0 | unclear | — | no doubt |
| FUTURE STARS | £267k | — | 0 | unclear | — | noted |
| THE NEWSTAR FOUNDATION | £260k | — | 0 | unclear | — | no doubt |
| SWANLAND EDUCATION AFRICA TRUST | £103k | — | 0 | below | — | no doubt |
| STANFORD FOUNDATION (UK) LIMITED | £1.0m | — | 0 | above | — | no doubt |