22 NORTH FOUNDATION

Registered charity 1200163 · accounts filings on the Charity Commission register

Grantmaking philanthropic foundation focusing on supporting underfunded and overlooked causes.

Causes: General Charitable Purposes · Grant history (this charity is a funder) · Get email alerts

Latest income
£813k
Latest spending
£1.0m
Registered
2022
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity reported a surplus of £511,952 for its first period of operations, resulting in unrestricted reserves of £511,952. This amount significantly exceeds the trustees' stated policy target of £5,800, which is calculated as six months of average running costs plus any contractual grant commitments. The trustees confirmed that this level of reserves is in line with the Foundation’s policy and ensures financial stability.

Automated summary of the FY2023 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: cash equal to the value of any contractual grant commitments plus six months of the organization’s average running costs (held: £512k)
“The Foundation aims to hold as reserves cash equal to the value of any contractual grant commitments plus six months of the organization’s average running costs.” — page 4
Per its FY2023 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

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.

Structured financials (annual return, FY ending 30/04/2025)

Total income
£813k
Total spending
£1.0m
Reserves (reported)
£0
Employees
1

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (98% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (4.9%) (benchmarks).

Trustees · trustee networks

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

Operates in: Throughout England

Income and spending

Financial year endIncomeSpending
30/04/2025£813k£1.0m
30/04/2024£272£546k
30/04/2023£524k£12k

Common questions

Is 22 NORTH FOUNDATION financially healthy?

Per its FY2023 accounts: The accounts state that the charity reported a surplus of £511,952 for its first period of operations, resulting in unrestricted reserves of £511,952. This amount significantly exceeds the trustees' stated policy target of £5,800, which is calculated as six months of average running costs plus any contractual grant commitments. The trustees confirmed that this level of reserves is in line with the Foundation’s policy and ensures financial stability. Its FY2023 accounts were independently examined.