2023-03-31-accounts - The Newstar Foundation

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			Page
Report ofthe Trustees		I	to	2
Independent Examiner's	Report
Statement ofFinancial	Activities
Balance Sheet
Cash Flow Statement
Notes to the Cash Flow	Statement
Notes to the Financial Statements		S	to	11
Detailed Statement ofFinancial Activities			12

BALANCE SHEET 31MARCH 2023
		31.3.23	31.3.22
		Unrestricted	Total
		funds	funds
	Notes
CURRENT ASSETS
Debtors		2,500	12,500
Cash at bank		480,856	382,741
		483,356	395,241
CREDITORS
Amounts falling due within one year		(1,825)	(3,655)
NET CURRENT ASSETS		481,531	391,586
TOTAL ASSETSLESSCURRENT
LIABILITIES		481,531	391,586
NET ASSETS		481,531	391,586
FUNDS
Unrestricted funds		481,531	391,586
TOTAL FUNDS		481,531	391,586

					31.3.23	31.3.22
				Notes
Cash flows from	operating	activities
Cash generated from operations				1	98,115	(39,158)
Net cash provided	by/(used	in)	operating	activities	98,115	(39,158)
Cash flows from	investing	activities
Interest received
Net cash provided	by investing		activities
Cash flows from	financing	activities
New loans in year						1,825
Net cash provided	by financing		activities			1,825
Change in cash and cash equivalents				in
the reporting period					98,115	(37,326)
Cash and cash equivalents		at	the
beginning ofthe	reporting	period			382,741	420,067
Cash and cash equivalents		at	the end	of
the reporting period					480,856	382,741

	OPERATING AC	TIVITI	ES
						31.3.23	31.3.22
	Net income/(expenditure)		for the reporting	period (as per the
	Statement ofFinancial Activities)					89,945	(39,666)
	Adjustments for:
	Interest received						(7)
	Decrease in debtors					10,000	2,250
	Decrease in creditors					(1,830)	(1,735)
	Net cash provided	by/(used	in) operations			98,115	(39,158)
2.	ANALYSIS OFCHANGES IN NET FUNDS
					At 1.4.22	Cash flow	At 31.3.23
	Net cash
	Cash at bank				382,741	98,115	480,856
					382,741	98,115	480,856
	Debt
	Debts falling due within I year				(1,825)		(1,825)
					(1,825)		(1,825)
	Total				380,916	9&,115	479,031

COMPAR	ATIVKS F	OR THE STATEMENT OF FINANCIAL AC	TIVITIES
			Unrestricted
			funds
INCOME	AND ENDOWMENTS FROM
Donations	and legacies		50,000
Invesnnent	income
Total			50,007
EXPENDITURE ON
Charitable	activities
Donation paid out			89,043
Other			630
Total			89,673
NET INCOME/(EXPENDITURE)			(39,666)
RECONCILIATION		OF FUNDS
Total funds	brought forward		431,252
TOTAL FUNDS CARRIED FORWARD			391,586

THE NEWSTAR FOUNDATION	THE NEWSTAR FOUNDATION	THE NEWSTAR FOUNDATION	THE NEWSTAR FOUNDATION	THE NEWSTAR FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS - continued
for the	Year Ended 31MARCH 2023
6.	DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
					31.3.23	31.3.22
	Other debtors				2,500	12,500
7.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
					31.3.23	31.3.22
	Other creditors				1,825	3,655
8.	LOANS
	An analysis ofthe maturity of		loans is given below:
					31.3.23	31.3.22
	Amounts falling due within one year on demand:
	Other loans				1,825	1,825
9.	MOVEMENT IN FUNDS
					Net
					movement	At
				At 1.4.22	in funds	31.3.23
					5
	Unrestricted	funds
	General fund			391,586	89,945	481,531
	TOTAL FUNDS			391,586	89,945	481,531
	Net movement	in funds, included		in the above are as follows:
				Incoming	Resources	Movement
				resources	expended	in funds
					8
	Unrestricted	funds
	General fund			340,000	(250,055)	89,945
	TOTAL FUNDS			340,000	(250,055)	89,945
	Comparatives	for movement	in	funds
					Net
					movement	At
				At 1.4.21	in funds	31.3.22
	Unrestricted	funds
	General fund			431,252	(39,666)	391,586
	TOTAL FUNDS			431,252	(39,666)	391,586