ASTER FOUNDATION
Aster Foundation exists to enable the better lives of the people who live in and around our communities. We believe everyone should have the opportunity to have a safe, fulfilled, and happy life.Our approach is to offer impact programmes which not only work for people when things go wrong, but also try to tackle the root cause of social challenges through innovation.
Financial health, per its FY2025 accounts
The accounts state that the charity generated £1.1 million in income and incurred £1.1 million in expenditure, resulting in a net movement of £nil for the year. The trustees confirm that the charity has sufficient funds to meet its liabilities as they fall due for a period of 12 months, adopting the going concern basis. The charity is a subsidiary of Aster Group Limited and relies on donations from its parent group and other group entities to fund its activities.
What the accounts disclose
“Aster Group Limited, Aster Communities, Synergy Housing Limited and Aster Treasury Plc donated £1.0 million to the foundation”
“The Trustee's policy is to maintain sufficient reserves to meet exiting and forecast financial commitments.” — page 4
“From regulated entity Nature of supply £000 Aster Group Limited Management and other services 97 Aster Communities Management and other services 397 Synergy Housing Limited Management and other services 197”
“Aster Foundation is a subsidiary of Aster Group Limited, the ultimate parent entity and controlling party” — page 21
“From regulated entity Nature of supply £000 Aster Group Limited Management and other services 97 Aster Communities Management and other services 397 Synergy Housing Limited Management and other services 197”
“Aster Foundation is a subsidiary of Aster Group Limited, the ultimate parent entity and controlling party” — page 21
Leadership, per the charity’s website
- Bjorn Howard — Group CEO
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Amanda Wigganchair
- Farhan Shakoor
- Mathew Cooling
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.1m | £1.1m |
| 31/03/2024 | £1.2m | £1.2m |
| 31/03/2023 | £1.2m | £1.2m |
Common questions
Is ASTER FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated £1.1 million in income and incurred £1.1 million in expenditure, resulting in a net movement of £nil for the year. The trustees confirm that the charity has sufficient funds to meet its liabilities as they fall due for a period of 12 months, adopting the going concern basis. The charity is a subsidiary of Aster Group Limited and relies on donations from its parent group and other group entities to fund its activities. Its FY2025 accounts were audited by KPMG LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE THALES CHARITABLE TRUST | 1 | — |
| THE ROSELINE FOUNDATION | 1 | £1.0m |
| THE VARDY FOUNDATION | 1 | £615k |
| CRODA FOUNDATION | 1 | £399k |
| THE HARRISON FOUNDATION | 1 | £228k |
| UBS UK Donor-Advised Foundation | 1 | £173k |
| Point North Community Foundation | 1 | £157k |
| ST. JAMES'S PLACE CHARITABLE FOUNDATION | 1 | £150k |
Charities like this
- THE ASTRA FOUNDATION
- THE ASTOR FOUNDATION
- Star Community Foundation
- THE NEWSTAR FOUNDATION
- AXIS FOUNDATION
- FOUNDATION OF LIGHT
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| ASTER FOUNDATION | £1.1m | — | 0 | no_policy | — | no doubt |
| THE ASTRA FOUNDATION | £1.4m | £70,001 - £80,000 | 1 | below | — | no doubt |
| THE ASTOR FOUNDATION | £147k | — | 0 | unclear | — | no doubt |
| Star Community Foundation | £300k | — | 0 | unclear | — | no doubt |
| THE NEWSTAR FOUNDATION | £260k | — | 0 | unclear | — | no doubt |
| AXIS FOUNDATION | £490k | — | 0 | unclear | — | no doubt |