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2021-03-31-accounts

Charity
Information
Trustees'
Annual
Report
Independent
Examiner's
Report
Statement
of Financial Activities
(incorporating the income and expenditure account)
Balance Sheet
Statement
of Cash flows
Notes to the Accounts

Registered Registered Charity Name The Newstar
Foundation
The Newstar
Foundation
Charity Number 1114772
Registered Office Caxton House
Caxton Road
Preston
PR2 9BZ
Trustees Imran Bargit (Chairman)
Muhammad
Adeel
Abbas
Sazeda Bargit
Independent Examiner Nicola Mason ACA OChA
Moore and Smalley LLP
Richard House
Winckley Square
Preston
PR1 3HP

Unrestricted Total funds Total funds
funds 2021 2020
Note E 5 E
Income from:
Donations
and legacies
2 256,125 256,125 178,125
Total Income 256,125 256,125 178,125
Expenditure
on:
Charitable
activities
Donations
payable
Governance
costs
3 127,241
600
127,241
600
214,645
600
Total expenditure 127,841 127,841 215,245
Reconciliation
offunds
Net movement
in funds
128,284 128,284 (37,120)
Total funds brought
forward
302,968 302,968 340,088
Total funds carried forward 431,252 431,252 302,968

Unrestricted Total funds Total funds
funds 2021 2020
f E 6
Current assets
Cash at bank 420,067 420,067 297,808
Other debtors 14,750 14,750 8,125
434,817 434,817 305,933
Creditors: amounts falling due
within
one
year
Trade creditors 540 540 540
Accruals 1,200 1,200 600
Other creditors 1,825 1,825 1,825
3,565 3,565 2,965
Net assets 431,252 431,252 302,968
Funds
Unrestricted income funds 431,252 431,252 302,968
Total funds 431,252 431,252 302,968

Total funds Total funds
2021 2020
6 6
Net income/(expenditure) for the year 128,284 (37,120)
Decrease/(increase)
in debtors
(6,625) (1,000)
Increase
in creditors
600 (432)
Net cash inflow/ (outflow) from operating activities 122,259 (38,552)
Total cash flow 122,259 (233,247)
Cash and cash equivalents at 31 March 2020 297,808 336,360
Cash and cash equivalents at 31 March 2021 420,067 297,808

onations and legacies
Unrestricted Total funds Total funds
funds 2021 2020
8 6 8
Donations received 249,500 249,500 172,500
Gift aid recovered 6,625 6,625 5,625
256,125 256,125 178,125

onations paid
Unrestricted Total funds Total funds
funds 2021 2020
6 6
Donations paid out 127,241 127,241 214,645

overnance costs
Unrestricted Total funds Total funds
funds 2021 2020
6 f
Independent examination 600 600