THE NORTHERN POWERGRID FOUNDATION
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-07-31 (in 2mo)
Last made up 2025-07-17
Watchouts
None on the register
Cash
£361K
Latest balance sheet
Net assets
£6M
Equity attributable
Employees
1
Average over period
Profit before tax
—
Period ending 2024-12-31
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £7,570,080 | £131,770 | |
| Operating profit | — | — | |
| Profit before tax | — | — | |
| Net profit | £6,820,512 | -£455,682 | |
| Cash | £6,825,912 | £361,055 | |
| Total assets less current liabilities | £6,820,512 | £6,364,830 | |
| Net assets | £6,820,512 | £6,364,830 | |
| Equity | £6,820,512 | £6,364,830 | |
| Average employees | 0 | 1 | |
| Wages | — | £52,644 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Net margin | 90.1% | -345.8% | |
| Current ratio | -1264.06x | -1.13x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- S&W Audit
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Foundation has sufficient reserves to meet its objectives beyond the forthcoming financial year. The trustees appointed RBC Brewin Dolphin as the Foundation's investment advisor and will take steps to develop an investment policy to stimulate the level of charitable reserves being generated.”
Significant events
- “During the year, the Foundation completed two grant rounds focused predominantly on energy resilience. The first round was made in quarter two of 2024, which resulted in £0.18 million being awarded to fund 14 projects. Round two was made in quarter four of 2024, during which, the Trustees awarded £0.30 million to fund 20 projects.”
- “The Trustees completed a recruitment process in quarter four of 2024, establishing a new Foundation operations team, consisting of the Head of Foundation, Foundation Operations Manager, and Foundation Administrator. All three new appointments joined the Foundation in early 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| RILEY, Jennifer Catherine | Secretary | 2022-07-18 | — | — |
| BRADLEY, Kathryn Ann | Director | 2023-06-01 | Sep 1975 | British |
| COE, Joanne Pamela | Director | 2022-07-18 | Aug 1982 | British |
| DOCHERTY, Joseph Paul | Director | 2023-06-01 | Sep 1969 | British |
| LOWES, Louise Anne | Director | 2022-07-18 | Jul 1981 | British |
| WILKIN, David | Director | 2023-06-05 | Aug 1957 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| RILEY, Jennifer Catherine | Director | 2022-07-18 | 2023-06-05 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Northern Powergrid Limited | Corporate entity | Voting 75–100%, Appoints directors | 2022-07-18 | Active |
Filing timeline
Last 16 of 16 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-05-19 RESOLUTIONS Resolution
- 2023-05-18 MA Memorandum articles
- 2023-05-09 CC04 Statement of companys objects
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-09-15 | AD03 | address | Move registers to sail company with new address | |
| 2025-09-15 | AD02 | address | Change sail address company with new address | |
| 2025-09-11 | AA | accounts | Accounts with accounts type full | |
| 2025-07-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-04-24 | AA | accounts | Accounts with accounts type full | |
| 2023-07-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-05 | TM01 | officers | Termination director company with name termination date | |
| 2023-06-05 | AP01 | officers | Appoint person director company with name date | |
| 2023-06-01 | AP01 | officers | Appoint person director company with name date | |
| 2023-06-01 | AP01 | officers | Appoint person director company with name date | |
| 2023-05-19 | RESOLUTIONS | resolution | Resolution | |
| 2023-05-18 | MA | incorporation | Memorandum articles | |
| 2023-05-09 | CC04 | change-of-constitution | Statement of companys objects | |
| 2023-04-04 | AA01 | accounts | Change account reference date company current extended | |
| 2022-07-18 | NEWINC | incorporation | Incorporation company |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31