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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||
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|for the Ye|ar Ended 3|1MARCH 2|023||||
|---|---|---|---|---|---|---|
||||||31.3.23|31.3.22|
||||||Unrestricted|Total|
||||||funds|funds|
|||||Notes|||
|INCOME|AND ENDOWMENTS||FROM||||
|Donations|and legacies||||340,000|50,000|
|Investment|income||||||
|Total|||||340,000|50,007|
|EXPENDITURE ON|||||||
|Charitable|activities||||||
|Donation paid out|||||250,055|89,043|
|Other||||||630|
|Total|||||250,055|89,673|
|NET INCOME/(EXPENDITURE)|||||89,945|(39,666)|
|RECONCILIATION||OF FUNDS|||||
|Total funds|brought
forward||||391,586|431,252|
|TOTAL FUNDS CARRIED FORWARD|||||481,531|391,586|
##
|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|
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||||||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|
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|INVESTMENT INCOME|||
|---|---|---|
||31.3.23|31.3.22|
|Deposit account interest||7|
|OTHER|||
||31.3.23|31.3.22|
||8|8|
|Supportcosts||630|
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|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|
##
|||Incoming|Resources|Movement|
|---|---|---|---|---|
|||resources|expended|in funds|
|Unrestricted|funds||||
|General fund||50,007|(89,673)|(39,666)|
|TOTAL FUNDS||50,007|(89,673)|(39,666)|
||||Net||
|---|---|---|---|---|
||||movement|At|
|||At 1.4.21|in funds|31.3.23|
|Unrestricted|funds||||
|General fund||431,252|50,279|481,531|
|TOTAL FUNDS||431,252|50,279|481,531|
||||Incoming|Resources|Movement|
|---|---|---|---|---|---|
||||resources|expended|in funds|
|Unrestricted||funds||||
|General|fund||390,007|(339,728)|50,279|
|TOTAL|FUNDS||390,007|(339,728)|50,279|
##
|||31.3.23|31.3.22|
|---|---|---|---|
|INCOME AND ENDOWMENTS||||
|Donations and|legacies|||
|Donations||295,000|40,000|
|Gift aid||45,000|10,000|
|||340,000|50,000|
|Investment
income||||
|Deposit account interest||||
|Total incoming|resources|340,000|50,007|
|EXPENDITURE||||
|Charitable
activities||||
|Donations
paid|out|250,685|89,043|
|Support costs||||
|Governance|costs|||
|Accountancy|and legal fees|(630)|630|
|Total resources|expended|250,055|89,673|
|Net income/(expenditure)||89,945|(39,666)|