22 NORTH FOUNDATION
Grantmaking philanthropic foundation focusing on supporting underfunded and overlooked causes.
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.
What the accounts disclose
“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
Corporate structure
- Registered company of the charity Companies House 14047340
Company officers (Companies House)
- BLAKE, Roisin Marelle on trustee list
- HOUDMONT, Raphael Jean on trustee list
- NG, Gabriel on trustee list
- PARKER, Helen Alexandra on trustee list
Structured financials (annual return, FY ending 30/04/2025)
Trustees
- Gabriel Ng
- Helen Alexandra Parker
- Raphael Jean Ghislain Bruno Houdmont
- Roisin Marelle Blake
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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.