Charity Number: 1200163
Company Number: 14047340
22 North Foundation
Annual Report and Accounts
For the year ended 30 April 2025
•AEWR76M*
30101r2D26
OMPANIES HOUSE
A07

22 North Foundation
Reference and administrative details
Ga￿le1 Ng
Hélen Parker
Raphael Hwlmont
RThsin Mardle ￿ake- apwnted 28th Aw"12025
Company number
14047340
Charity numb•r
12(M)163
Registered Offi¢*
Tlird Flo
20 Old Bailey
L￿dOn
EC4M 7AN
Indepenthnt Examln*r
&mon Gocth"dge FCA
lQ)ox CropFer LLP
65 Leadenhall Street
L￿d9n EC3A 2A0
Banker¥
Unty Trust 8ank
F￿r BrirK1* Plxe
'rrningham
B1 2JB
Sdicitor¥
v￿r5 LLP
20 Old Bailey
L￿don
EC4M 7AN

22 North Foundation
Trustees, report for the year to 30 April 2025
Th8 trustees are pleased lo pwent their report together with the financial staternent$ of tr* ch*ity
the year to 30 Aprl 2025.
Rèlerence and administrative In1￿matiOn set out on page 1 fc¥ms part of this reFX)rt The finanryal
staternents comply with Gurrent slaiulory rewirement5. the charity's constitut¥)n and the Statement of
Recc¥nmended Practice- AccountiTrJ aThY RewbTrJ ty char￿e$.. SORP *ICa￿ to charrt*s preparing
their at￿nts in accordance wth FRS 102
Structure, Governance and Management
Legal status
The 22 North F(yJndatK)n is a ccxnpany limited ty guarantee and a registered charty. The company was
registefed in England and Wa￿$ the 141 April 2022 and gained charitatle status on the 24 AugLKSt
2022.
Governlng D￿￿rnent
22 North Foundatw ￿ govemed by its meMtr•)￿m and ofAssouaticn dated 14 April
2022.
Organisational Slru¢¢ure
The direclors ol the charitable company are its Injstees for the wrF4)se of ¢harity law. ThrO￿JhoLrt this
report they are <xllectwety referred to as the trustees.
The fc*llwrrfJ iThdMdual$ sefftd as trus*es dthi9 the pe¥¥￿..
Gabriel Ng
Helen Parker
Raphael Houdrnont
Roisin Marelle Blake- aprKAntÈd 28th AprA 2￿25
I trustees served for the lull perwxl uNess ctherwise stated atrf)ve.
The Foundation's fAJrtstrtUti￿ r￿ul￿eS thè Board shall cc¥)sist of at kast three memters and shall rneet
not less than per year.
The Board oveTs*es str*gic dire(*￿ of the thwity and makes luThYing deusions based cn the
recomrnendations oftechni¢AI tXF•ts. managed by a wt-th.me member of staff, who soliot. receive
and perform pre-award due di1￿jence ryl 9rant from potential grantees. and make
recommendatrons for funding to the Board.
ThÈ administration of Ihe tharty arK1 Fx)st-a*drd mc￿rton.￿j of use ol tr* FouThJaticm's grants is handled
by the same part-time member of 51aff
Recruitment and appointment of new trnstees
The trustees are appointed by rnajwty vote of the members The Board regularfy miews the skills,
experience and spec￿liSM$ oltrvslees in orderlo ensure that it G3n adequaiely discharge iL5 funCt￿n5 and
reSpO￿lbtl1ties. and il necessary. makes a I￿￿n￿Enda1￿ to the mernbers ol the Foundation re9arding
appointment af new trustees
On SUCLessful apFantrnert ofa tru51ee. the board wovKles docwmerttary and verbal iThYuth"on material to
introduce the trustee tothe*tykrys obsedwes ofthe ch* an(1 the rok and responsibihbes oftharity
truslees.
Objectives and prln¢ipal a¢tlvities
The objects of the Foundat￿n are for the ￿ntrfft tsf thè to promote all purp)ses recognised as
ChaNtab￿ under the laws ol ErolaTrJ and Wales.
The F0￿ndatT0n fvrthers these objeclives by rn*ry gr*ts trj dw¥it¥t4e ty9aThsats"￿s primarily fo¢u$$ing
orb underfunded and overlooked causes

22 North Foundation
Trustees. report for the year to 30 April 2025
Achievements and perfomian¢e
This was the Foundation's third year of activity. As the year ￿￿eSSe(l. ￿ FoUnd8￿n Continu￿ to refled
on its Strateg￿ focus an(1 ￿gaged W￿1h profrSSiLy￿l eonsultanis and (ther stakehclders io identify area5
vthere the Foundalion cx)uld rnake r•)srtNe changes. In addrtion to the nvJlts-year grants for Plantlife
Manx Wildlife Trust, the F￿ndation KYenb"fied S rew grantee5 duri￿ the year. The F￿￿￿atIon'S work
Èxpanded beY¢￿d biodiversity and ￿uded supwbng hurnan ri9hts of FeLyle who are matginalised and
buildirwJ on socaetal witrastrLth￿ in the UK_
Publlc Benefrt
Having revwed the Charity commissic￿'S general wblic t*nefit, the Trustees consider that
these a(*vit*s provide t￿efit to the general pU￿1C in the UK and alyoad.
Risk Management
The Trustees have reviewed the risks the cthanty faces are satisfied that $y*em$ are in pla¢e to
mrtwe th*r expJsurÈ to the majtsT rtsks.
Future Plans
The Fowdation undertook a SIrat￿ rewivw of rt5 %IMts"es during the year to evduate its goals, rnissKJn
and grant making process. The Foundabonwill ￿ntinue It50JrrÈnt apwoach wothiTYJ alongside consullants
to identity opportvnities to supporl overlooked causes that can potenlialty re5L4ve the wc*ld's woblems.
Gts1ng fLYward. the Ftsjndation Is considenng the ment of a [￿r￿OI￿) arvoach and wll ex[￿Ore the pros and
cons ol rnulti-year furKlirvJ to rts grantees.
Finan¢ial review
During Ihe year d(￿ationS lolalhng £8C4).CO)12024." rtI} were rec•Ned from ￿ Ng. fwntsts"on's
stsle doncf. A further £13.47812024'. £2721 ￿ r￿e1ved in bank interest
Seven organisatitins benefitted trc¥n grants in the period, wth total financial crynrnitment in the year
amountire to £975.000 (see note 4." 2024". £510.OCQI. Current ￿artS rarye betsveen £3￿.(K)0 and
£120.000 and are paid in three equal annval instalments lo￿ than a small cne off grant to one
organisabonl. All grants are expensed in ftjl at thè p(xnt of contracl teuvj entered.
In additicffj to the granl eX￿ndituTe. Ihe tharty irKyrred OFerating exFenses of £32.OCM)12024." £36,238),
t8kiThJ total spend forthe Yeartts£1,006.53712￿24. £546.2381. The charity is reporting a deficit 01£193.058
{2024". £546.W)l. wih lurbd$ at rep￿ dat• st*th"r¥J at mirus £227.07212024.' rrmnus £34.0141.
Reser4es
The Foundation aims to hold as reserves cash at kast to Ihe value of ary contractU81 grant
ornmitrnents plus six months olthe cryani2ati¢M's average runniThJ cos15 The Board believes this level
of reserves will ensure thè Ftyjndation's firnamal skts.lity In the event of a sigr%ficant d¥op in income.
without any adverse effecl the FOu￿datiOn'S tene[￿larieS or Ihe ability ol the Foundabon to meet
appI￿able regulatory com￿14￿ce requir¢ments.
Given the poly of exFen51ng in tul aty grant commrtments, the *Xual reserves need to be equal to six
months of Ihe organization's average runnirg c4)sts to COrn￿Y wth this wlrcy Based on the expenditure
in these accounts this would require reserves of arcxjnd £16k Tkne actual reserves at year end were
minus £227k. This is due, as ment￿n•y above, to the expensiro Fn full of future grant cornmitrnents.
d￿nty Is in receipt of a letter frcrfn ts main donor Anthorry Ng. confirmiTrJ his ongoiry 5uprat 8nd
inten)'ons as a donor lo pro￿je luture contribulions to ensu￿ financial commrtments are met.
Responslbillties of the Trustees in relation to the financlal statements
The trustees Ivknts are also the directors of the 22 North F¢JJndatK)n for the purwses ol ￿MpanY lawl are
resrx)nsitAe for prepariThJ the Rewrt of the TrU￿ee$ and the financial statements in accOr¢Jar￿e wth
applicable law and United Kingdom A￿￿unting Standar¢5 (United Kirydom GenÈralty Accepted
£counling Praclicel. Company requres the trustees to Wep3￿ fina￿481 ststement5 for each
nancial yearwhich gwe a trLe and tsir view ol the stale ol affaiis of the chantable company ar￿ ol the

22 North Foundation
Trustees, report for the year to 30 April 2025
Irtomlng TO￿ule¢S and ap￿￿all0Th of resource5. I￿UdIng the Incomo #nd •xp•ndthrn. of the charftsble
rnparby for that peTiod. In preparvw t￿e finarKial Btatemgnts, the tn*t••s are required to
elect SLitable accowting poliryes and tI￿n Bppty t￿rn gJnststanUy.'
observe tr£ melhods and prlnebks in Ihe Charty SORP..
make iudgements estimote5 that are reasorAbl8 and Ffiiderrt..
prepare the ffinar￿1al statements on the going 0)￿*M basis unl888 rt15 Irwyoprlg19 to wesumg
The trusl•8s are ￿p(ThIbIe for k￿p￿￿j F￿0per ac£ountty retsjrfg whkh disclose wth w$onablg
arcuw al arw time IhB finanr3al t#)si1Son of tr* charitable cthmpany and to enable thgm to 8n6ure that
the financial statsments (xjmply with t￿ Companies Acl 2006. They are also re$r*)ns￿O for safaguardlng
the a55ets Of1￿ tharitabk company WMI IwKe for takwy reasonable stsps forthe weven1M￿ and
deteGIK)rn offrgud arKJ other *regularities.
Small cofflpany provlsl¢ns
This report has been pr¢parfjd kn accerdwv ¥Ydal ry0vi￿ trwnav coTrwi•s untjw Part
15 dthè com￿￿ P£t 20t6.
Thi$ rep￿1*aS aFVtyrtJ by tr* Bo•d ofTrustw cm 2> Januwy 2026 aThl svJned on ts t*hall ty:
brfel

INDEPENDENT EXAMINER'S REPORT TO THE MEMBERS OF 22 NORTH
FOUNDATION
I report to the members of the charil*Jle company on my examination of the financial
ststements of the chariéatAe ciympany for the year ended 30 2025 as set OLrt on pages 6
to 12.
Responsibilities and basis of report
As the trustees of the charitsble ¢(Ynpany land alx) rts dIre￿or5 for the purposes of
company lawl you are reS￿nSIble for the preparatKJn of the financLg1 statemenls in
accordance with the requirements of the Ccffipanies Act 20¢% {'the 2006 ACYI.
Havin9 satisfied my5eff that the firtancial 5tsternents of the ch￿1t•ble company are not
required lo be audrted urKler Part 16 of the 2006 Act and are elKJible for independent
examination, I report in respect of ry examination of the Company's fina￿la1 statements
carried out under Section 145 of the charib.es Acl 2011 {'Ihe 2011 Act'l In carrying out my
examination I have folbwed the Direclions given by the Charity Commission under sects.on
14515)Ibl of the 2011 Act.
Independent examinerfs sL*emenl
The charitable compan*s gross irttthe exceeded £250.CD) and l am qualif￿ to undertake
the examinats'on by being a ¢waIrf￿d member of ICAEW.
I have comp￿ted my examinatKJn. I confiwm that no material matters have eome to my
attentson (other than that th"sdosed betcMI gives me Cause to believe that:
accounting records were not kept in accordan￿ with wtion 386 of the
Companies Act 2006., or
Ihe financial slatements do not accord with such rec¥Jrds'. or
the financial slatements do not comply with rekvant accounting requirements
under Section 396 of the Compan*s Act 2006 other than any ￿qUirement that
the financial stslemenls give a 'true and fai¢ View wh¢h 1$ not a matter
consKlered as part of an independent examinati￿." or
the financial statements have not been prepared in accordance with the Charities
SORP (FRS102).
I have no concerns and have corne across no other matters in connection with the
examination lo wh￿h attention should be drawn in this report in order to enable a proper
understsnding of Ihe financrdl ststements to te reached.
28101126
Simon GoodrKYge FCA
Knox Cror¢er LLP
65 Leadenhall St￿et. London EC3A 2AD

22 North Foundation
Statement of Financial Activities
for thÈ yèar ènding 30 April 2025
Unreslricted Restricted
FurKIs
Funds
2025
2025
Total
Funds
2025
Total
Funds
2024
N￿e
Ine0•
Donations
Olher incoff
800,Crf)O
13,478
13.478
272
Total Incom•
813.478
813,478
272
Expenditure
Charitablè a￿1V￿res
I.￿6.536
1,006,536
546.238
Total Expendiiure
1.[￿6.536
1.006,536
546,238
Not in¢tsm• l oxpgndituro
1193.0581
1193,0581
1545,9661
RKon¢ilialion ol funds
Total funds brought forward
134,0141
134.014)
511,952
Total funds earriod forward
1227,0721
1227.0721
134,0141
l of the above results are derNed trom continuirKJ 8cbvlt￿.
There were no other recognised gains or losses other Ihan those stated ab¢)ve.
Thè notès on pa￿$ 9 to 12 form part oflhese finan¢1￿ ststerrEnts.

22 North Foundation
Balance Sheet
as al 30 April 2025
2025
2024
CuThenf assets
Cash at bank and in hand
586,PA3
307.652
586.943
307.652
Cr¢dltors.' amounts falliry due wiltrin one >
(494.0151
{171.866)
N•t ¢umint assets
92,928
135.986
credIto￿.. *nourts fallirg due knr more Ihan (me swr
(320,(M)01
(170.000)
N•t asmts
1227.0721
(34.014}
Th• ftinds of lh• charlty
Unrestricted funds:
1227.072)
£34.014)
T¢)tal funds
1227,072)
(34,014)
Fw th8 year ending 30 Aprfl 2025 company was enllued to exemption frLYn aMir( under seclkm
477 01 the Compani8s Act 2C#)6 r8laling lo small ￿nPanIeS.
Th8 members have Mt required the ¢ompany to obtain w aw*t (rf its finawal Statements for ts yfrar
In quesllon In acccYdanc* V•ith seclion 476.
The directors ad(rn￿e th￿r responsitxlitses for compl￿n9 with Ihe requirements of Ihg Act with
respe¢l to ac¢ountlng re¢ords arwj Iho pr¢parabon of financial statements.
notes on pages 9 to 12 fonn part (Al Ihese f￿ar￿A81 statements.
Thè financlal stateM￿S V•we apwoved by the Board of Twstees ￿ 22nd Januwy 2026 and were
signed on its behaff by.
abrt4

22 North Foundation
Statement of Cash Flows
for the year ending 30 April 2025
2025
2Q24
Net income/(expenditure) for the Teportingperiod (as per the
Stat•m•nt of Finan¢ialAcfvitiesJ
{193.0581
{545.9661
AdJustm•nts far.
Depreckrytion charges
Ilncreaselldecrease ￿ debtor5
I￿reasel(de￿Èasel in credrtors
2,513
339.626
472.349
N•t cash provid•d by (US￿ in) opèrating activiti•s
279,291
1203,8271
Cash flows from inv•sting activiti•s
Purchase of fixed assets
N•t cash provid•d by {us•d inl investing activiti•s
Not incroatrl{dè¢rnas¢l in cash afftd ¢ash equi¥alÈnls
279.291
{203,827}
Cash and c*$h equi¥al•fits at bÈginning of petiod
307,652
511,479
C¥$h aftd ¢•$h ¢qui¥•l*nts •t •nd of P¢fiod
586,943
307,652

22 North Foundation
Notes to the accounts for the year ending 30 April 2025
1 Prln¢lpal accounting policies
The princip81 attOUnlMig pol￿ aJop*d in ofthe finan¢01 ststeTh*nls are set out
belcvl.
1318asis of xcourfin9
The financial ststements have teen preparpd in accordan￿ wilh Accounbfvj and Rewtir8 by
Charit*s". Statemeni of Re)￿7*￿ended PractKe apFlicab￿ to charit*5 preparirg their accounts in
a¢¢tsrLlan¢e wrth tl* Fbnanoal Reporting Standaid aFplKab* in Ihe UK and RepublK of Ireland IFRS
1021 letlecbve 1 January 20191- Ichaiibes SORP IFRS 10211. the Financial Reporting Slandard
applicabk in the UK and Republic of I￿￿1nd IFRS 1021 antt Ihe Companrds Act 20L
22 North Foundat￿￿ meets the ofa put￿1¢ berffft enirty uthler FRS 102. Assets and ￿8b￿rt*S
are initially recognised at hbstorical c05lor transadth value unsess otheTh¥ise staw in ￿*vant
at¢ounting polw noW$l.
Ibl Fund accountlng
lil un￿$t￿￿e￿ iunds are availab￿ lor use al the dwet*Jn ol the tntst88s in
lurtheranc* of Ihe general t**jecti%*s ol Ihe charty.
Ili Reslncted funrjs are subject10 5pecrfK coTrJitions I￿￿o$ed by the donoi as to
how they may be used. To date the charity has not rEce￿d any re51rthd
lundirKJ.
Icl Income
Inccffje 15 fEcogniwJ and induded Sty￿1 offinancial *hÈn Ihe chanty enth.￿d lo
the anLI the aftk)vni ¢an be vith rea$￿a￿ acaJrn¢y. lolb)wiThJ spe¢ffi¢ polirie$
are applied lo partKular caleg0￿5 of incorre.
li} (knalion5 are reoived by way of gonts. doAatths amd grfts and IhÈ intome L8
Induded in lull in the Slatement of Finanual A¢tyit*s whEn re¢eivthe. Grants
receivab￿ are recoynised when the charity teconEs untthdthnalty entiled to
the aiant
lill The Val￿ of$er￿S wts¥thd ha$ induded a$ ir&)me
in these accouTrts.
liiil InVesty￿nI incm ts iiiGWed w￿n re¢eNable.
Idl Expendlturn
Expendrture is recojnised on an accruals basis as a 1kth.kty 15 irKurred, and irKIL*l8s anyVAT which
anllol be lulty re¢o¥ered.
Ill Expenditure on tharilab￿ aL*vths cornwise5 expendi￿￿ ￿ted 10 tl* rfirecl
rthefarKe of Ihe chantys Objecti￿$. Grant5 payable are induded under
¢horitabk eyndilure when the Boa¥d has fom7aTry crmrnitted the Foundation
to 8 9rant whe￿ ¢osts ¢annot be éwectly altrbuted, Ihey been altrKatsd
to a¢bwtse$ ¢n a ba$i8 conststentwth the use of resources.
lill Suppor¢ costs ￿late 10 fvn¢tM)ns thai assstthe work ol the charity bul¢Jo
r￿t diwity undertake chaiiiabk activths. SupportCOSts include include
primarily finan¢e and adm￿l$trati￿ Costs Tl*se ¢osts have been alb)¢ated on
basis consElentwtth Ihe use of resoutces.
2 Donations
2025
2024
Boo.￿0
800.000

22 North Foundation
Notes to the accounts for the year ending 30 April 2025
3 Expenditure
C*Jring Ihe Feiic#J Ihe Four*Jaknon incuwed the lovnwing costs".
Charita￿e
Govemance &
acttvit*s
support
Total
2025
Tt)tsl
2024
Grants
Research
Staff costs
Independent exaMI￿ts fee
4￿m￿l$trai￿n exps
975.CLXJ
14.4C
975.(KKI
14.400
510.000
15.885
7.219
3.U)O
6.7(
13.134
989.400
17.136
1.006.S36
$46,238
4 Grants
DuriTrJ the period the charity made thè followiNJ grnnts:
2025
2024
Planurfe Inlern8lb)nal
ThrEe ￿argrafit to cobv Planllle's furvJi
research
3(￿.0c
Manxwikllrfe TnL8t
Three ￿ar grant to fund enwroThmental
pfotetbon through supporbrffj bicdiversty and
hatylat con5eNatvn on the IS￿ Of Man
210,0
FlOu￿kn Nl
Three yeargrant to cover the expansion
b￿￿ge1 of organisations whth aims
to lo restore hope and dujnty to survNors ol
human traffithing in Northern Ifeland
year grant to support pepc4e wrfh a past
cOnV￿lM)n into paKI emplo￿*￿1 in Tee5ide
and Ncfth YrKshire'. SFeuficalty wa fund￿9
payroll cc6ts f(K mentors
Three year grant to 5UPPOrt ar￿ 5treffjthen
the VoluThtsry, Ccffjnwnty and Swal
En*rpiise IVCSEI $ector in Ihe Noth East via
the eMplo￿lent of 2 $laff to buibj dala
inforrnabon hub 10 aS$i*l tr*tter de¢s
making
Thoe year granl lo heb reswr¢e-¢M$traw)ed
organisatKsThs 10 51reamline Cperat￿￿ and
M￿Mtie impact usirvj dats science andAI,
$pe¢rfi¢ally via the err¥)loyff*nt of a Data
Soence zTrJ lfflpact Manager and a
communicat￿)nS and Communty Man•3er to
tr*IrSeAf￿e ¢apxfy.
120,C£I)
c￿an SLHte Sdution5
240.(KKI
Vonne
300,Crf)O
DalaKiTrJ
Voice4CharMJe
A or*off grant tts support Ihe al￿11 of
Voic*4Change'5 finan￿al 5y5terns and intemal
in1￿2￿"¢n wo¢¢sses
6.000
Total Grants
975.000
510,000
10

22 North Foundation
Notes to the accounts for the year ending 30 Aprll 2025
S Creditorn
2025
2024
Crethors uNler 1 yeaf
Trade creditors
Accruo
Grants par4bfe
4.015
490.0
878
170.CIXS
494.015
171.666
2025
2024
Credllors over 1 ye
Grants payab
320.OC¥J
170,000
320.000
170.000
6 Movernents in funds
AtoiA
2024
At 30 Apr
2025
Incornt EM￿nd*ure
Total unrtStri¢ttd
134.014)
813A78
(1.1106.5361
1227.072}
TOTAL FUNOS
134.0141
813.478
11.006.536)
1227.D721
olthe incc¥ne re￿￿1 by the thantythJrrf¥J Ihe >*arw85 urwtslricltd irtthre
7 Staff Costs
2025
2024
Gross salar
Emptyerfs naDofial ir*uw
Pensh)n
7,430
7.219
7,430
7.219
The a%*ra9e nuftthroffiAI empk)yees ¢Jum9 tre yearwas
No membef ol siaff wived en￿lI￿￿ts tsfnwe th•) £60.(KKI d￿n9 ￿ Jear P024: none).
The Tru51e85 are Ihe key managernvnt pemnnel of chwty. The tolal empbyee bTrfIlS ofthe key
mar￿ernent per50nnd ofthe chartywere £nil12024.. £nl).
Staff ¢osts have been a￿al￿ed as:
2025
2024
Support
7,430
7.219
7.430
7,219

22 North Foundation
Notes to the accounts for the year ending 30 April 2025
8 Trustee remuneration and •xp•ns•s
None of Ihe Trustees re￿Ved any remuTreratron for Iheir servKes as trnstees dumg Ihe period. Two
tw$￿$ wer¢ ￿-1￿*)Ursed expe￿$ incur￿￿ perfomiirg Iheii roks as trustees. The total value
clairned was £265. 12024". £301
9 Taxation
The thanty i8 exemplfrom ￿rF￿atV)n tax 8$ all ¢h8rtsble 8TrJ is appl*d forcharilaNe
puipose5.
10 Relat￿ party transactions
Ounng Ihe year dOna￿S to the value of£8￿,(￿￿){2O23'. nil) were TEceNed Irom Ng Sung Man
Anthgnywho Ihe father ol truslee Gabr*l Ng. No condthorts Were allached lo Ihese donat%Ms being
made.
12