REGISTERED CHARITY NUMBER: 1114772
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
FOR
THE NEWSTAR FOUNDATION
Whitehead & Howarth
327 Clifion Drive South
L￿arn St Annes
Lancashire
FY8 IHN

THE NEWSTAR FOUNDATION
ONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 MARCH 2025
Page
Report of tbe Trnstee5
Independent Examiner'$ Report
Statement of FinaDeial Activities
Balan¢¢ Sheet
Cash Flow Statement
Notes to the Casb Flow StatemeDt
Iyotes to the Financial SIAtements
8 to 11
Detailed Statement of Financial Activities
12

THE NEWSTAR FOUNDATION
REPORT OF THE TRUSTEES
for the Year Ended 31 MARCH 2025
The trustees have pleasure in presenting their report and the accounts of the charity for the year ended 31 March 2023.
The trustees have adopted the provisions of the Statement of Recommended Practice (SORP} "Accounting and
Reporting by Charities" IFRS 102) An preparing the annual report and financial ststements of the charity.
The financial statements have been prepared in accordan¢¢ with the acwunting policies set out in nole I to the accounts
and comply with the ¢harity's Tmst Deed, the Charities Act 2011 and Accounting and Reporting by Charities: Statement
of Recommended Practice applicable lo charities preparing their accounts in a¢¢ordance with the Financial Reporting
Stsndard appli¢able in the UK and Republic of Ireland (effective October 2019).
OWEcrtVES AND ACTIVITIES
Objeetlves and Y4ims
The charity's objects are to relieve poverty, sickness, hardship and distress to human life in general in any part of the
world through donations or provision of aid in the fonn of medical or food or in such manner as the Iruste¢s may
deiemine from time to time and to advance and promot¢ education in any part of the world. The trust has r¢¢eived
donations from individuals and organisation5 which have raised money lo fulfil its ainis. During the year, funds of
£235,000 have been raised and donations have been made to needy individuals. This has been in the forn] of monetary
donations which have been used to buy essentials and medicine for poverty stricken individuals who have been aife¢ted
by natural or manmade disasters.Grants are awarded to projects following ￿VIeW by the Trustees.
Public benefit
The trustees have had due regard to guidanc¢ published by the Charity Commission with regards to public benefit and
are satisfjed that the charity satisfies the requirements.
ACHIEVEMENTS AND PERFORMANCE
Charitable activities
The charity has in particular helped orphans and widows in developing countries to help them to be looked after in
dignified manner and for widows to be self-sufficient by means of providing vocational trdining in order for them to ¢am
a livelihood.
FINANCIAL REVIEW
Financial position
Details of the results for the year can be found on page 5.
FUTURE PLANS
The trnstees will continue io make donations ¢0 individuals and projects that meet the criteria incliided in the Charity
obj¢cls.
STRUCTURE, GOVERNANCE AND MANAGEMEIYT
Governing do¢ument
The Charity is governed by its Trnst Deed dated 3 April 2006 (as amended by resolution dated 5 April 2013)
Recruitment and appointment of new trustees
There must be at least thre¢ trustees. Apart from the first trustees, ¢v¢ry trustee must be appointed for a tenn of 5 years
by a resolution of the trustees p&8sed at a special meeting under clause 15 of lh¢ de¢d. In selecling individuals for
appointment as trustees, the trustees must have regard to the skills, knowledge and experience needed for the effethive
administration of the charity. Trnst¢es are provided with infonnation relating to the charity on appointmeni.
The trustees rnust hold at least two ordinory meetings each year.
Risk management
The trustees have reviewed the risks to Nvhich the charity is subject and established procedures to mitigate these risks
REFERENCE AND ADMINISTIL4TIVE DETAILS
Registered Charity number
1114772
Page I

THE NEWSTAR FOUNDATION
REPORT OF THE TRUSTEES
for the Year Ended 31 MARCH 2025
Principal address
Caxton House
Caxton Road
Fulwood
Preston
PR2 9ZB
Trustees
l Bargit Chairn)an
Mrs S Bargit
Reference and adminislralive details are shovm in the schedule of ¢harity inforniation on page l of the accounts.
Details of trustees who served in the year can be found on page l.
Independent Examiner
Whitehead & Howarth
327 Clifton Drive South
Lytham St Annes
Lancashire
FY8 IHN
RESERVES
Free reserves are ¢utt¢ntly £497,857. The trustee5 review grant claims as appropriate and pay grants tach year.
Approved by order of th¢ board of trustees on ............
. and S1￿ca on its behalf by:
G)d-
Mrs S Bargit - Tn]ste¢
Page 2

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
THE NEWSTAR FOIINDATION
Independent examiner'5 report to the trustees of The Newslar Foundation
I report to the charity trustees on my examination of the accounts of The Newstsr Foundation (thc Trust) for the year
ended 31 March 2025.
Responsibilities and bASiS of report
As the charity Irustees of the Twst you are responsible for the preparation of the accounts in accoTdan¢e with the
requirements of the ChaTities Act 2011 (*he Act.).
I report in respect of my examination of the Ttuses accounts carried out under S¢¢lion 145 of the Act and in carrying out
my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of
the Act.
Independent examiner'5 Statement
Slnce your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confim)
that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in
England and Wales, which is one of the listed bodies.
I hav¢ completed my examination. I confmn that no material matters have come to my attention in connection with thc
examination giving me cause to believe that in any material respecl:
accounting records were not kept in respect of the Trust as required by Section 130 of the Act: Dr
the accounts do not accord with those records- or
the accounts do not comply with the applicable requirements ¢on¢erning the forni and content of accounts set out
in the Charities (Accounts and Reports) Regulations 2008 otheT than any requirement that the accounts give a
true and fair view which is not a matter considered a5 part of an independent examination.
I hav¢ no concerns and have come acr05$ no other matters in connection with the examination to which attention sbould
be draNM) in this report in order to enable a proper understanding of the arrounts to be reached.
Mark Croasdale Bsc FCA
Whitehead & Howarth
327 Clifton Drive South
L)tham St Annes
Lan¢ashire
FY8 IHN
Page 3

THE NEWSTAR FOUNDATION
srATEMENT OF FINANCJAL ACTIVITIES
for the Year Ended 31 MARCH 2025
31.3.25
Unrestricted
funds
31.3.24
Toral
nds
Notes
INCOME AND ENDOWMENfs FROM
Donations and legacie5
258,751
235,000
Investrnent income
824
Total
259,575
235,151
EXPENDITURE ON
Charitable aetivities
Donation paid out
276.550
201.850
NET INCOMEI(EXPENDITURE)
(16.975)
33.301
RECONCILIATION OF FUiYDS
Total funds brOu￿)t forward
514,832
481.531
TOTAL FUNDS CARIUED FORWARD
497.857
514,832
CONTINUING OPERATTONS
Thc Statement of Financial Activities includes all gains and losses in the year and therefore a statement of totsl
re¢ognised gains and losses has not been prepared. All of the above amounts relate to conlinuing a¢liviti¢s. All income
and expenditure in the cu￿ent and previous year was unrestricted.
The notes form part of these financial statements
Page 4

THE NEWSTAR FOUIYDATION
BALANCE SHEET
31 MARCH 2025
31.3.25
Unrestricted
funds
31.3.24
Total
fwlds
Not¢s
CURRENf ASSETS
Debtors
Cash at bank
2,500
497,182
2,500
514.157
499,682
516.657
CREDITOILS
Amounts falling due within one year
(J,825)
{1,825)
NET CURRENT ASSETS
497,857
514,832
TOTAL ASSETS LESS CURRENT
LIABILITIES
497,857
514,832
NET ASSETS
497.857
514.832
FUNDS
Unrestri¢ted funds
497.857
514,È32
TOTAL FUNDS
497,857
514,832
Th¢ financial ststements were approved by th¢ Board of Trustees and authorised for issue
. and were Signed on its behalf by..
on
I Bargit - Trustee
The notes forni part of these financial ststements
Page 5

THE NEWSTAR FOUNDATION
CASH FLOW STATEMENT
for the Year Ended 31 MARCH 2025
31.3.25
31.3.24
Notes
Cash flows from operating Activities
Cash g¢n¢rat¢d from operations
{17.799)
33.150
Net cash (used in}Iprovided by operating activities
(17,799)
33,150
Cash floivs frorn investing activities
Inlerest received
824
Net cash provided by investing activities
824
151
Change in cash and cash equivalents in
the reporting period
Cash and cash equivalents 4t the
beginning of the reportRng period
(16.975)
33,301
514.157
480.856
Cash and Cash equivalents at the end of
the reporting period
497,182
514.157
The notes foTm part of these fiT]ancial statements
Page 6

THE NEWSTAR FOUNDATION
NOTES TO THE CASH FLOW STATEMENT
for the Year Ended 31 MARCH 2025
RECONCILIATION OF NET (EXPENDITUREYINCOME TO NET CASH FLOW FROM
OPERATING ACTIVITIES
31.3.25
31.3.24
Net (expenditureyincome for the reporting period (as per the
Statement of FingneiAI Activities)
Adjustments for:
Interest received
(16,975)
33,301
(824)
{151)
Net cAsh (used inyprovided by operatlODS
(17.799)
ANALYSIS OF CHANGES IN NET FUNDS
At 1.4.24
Cash t]ow
At31.3.25
Net cash
Cash at bank
514,157
(16.975)
497.182
514.157
(16.975)
497,182
Debt
Debts falling due within l year
{1,825}
(1.825)
(1.825)
(1,825)
Total
512,332
(16,975)
495.357
The notes fomi part of these financial statements
Page 7

THE NEWSTAR FOUTr4DATJON
NOTES TO THE FINANCIAL STATEMENTS
for ihe Year Ended 31 MARCH 2025
ACCOUNTIIYG POLICIES
Basis of preparing the finontial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in
accordance with the Charities SORP {FRS 102) 'Ac¢ounting and Reporting by Charities.. Statement of
Recommended Practice applicable to charities prcpaTing thciT accounts in accordance with the FAnanGial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019).,
Finaneial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of
Ireland. and the Charities Act 2011. The financial statements have been prepared under the historical cost
convention.
Judgements and key assumptions
There are no judgements or key assumptions made in the preparation of a¢¢ounts.
Income
All income is recognised in the Statement of Financial A¢ttviti¢s once the charity has entitlement to the fimds, it
is probable that the in¢ome will be received and the arnount can be measured reliably.
Expenditur¢
Liabilities are recognised u expenditure as soon as there As a legal or constructive obligation committing the
charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and
the amount of the obligation can be measured reliably. Expenditure is a¢¢ounted for on an accruals basis and has
been ¢lassified under headings that aggregate all cost related to the category. Where costs cannot be directly
attributed to particulaT headings they have been allocated to activities on a basis consisteni with the use of
resources.
TaxAtion
The ¢harity is exempt from tax on its charitable activiti¢s.
Fund aecounting
Unrestrictcd fvnds can be used in accordance with the ¢haritabl¢ objectives at the discretion of the trustees.
Re5tri¢ted funds can only be uscd for P2rticular restricted purposes wiihin the objects of the charity. Restrictions
arise when specified by the donor or when funds are raised for particular restricted puryoses.
Further explanation of the nathre and purpose of each fund is included in the notes to the financial statements.
Going CODcern
The trustee5 asses5 whether the use of going concern is appropriate, ie whether there aT¢ any material
uncertainties related to events or ¢onditions that may cast significant doubt on the ability of the charitablc
company to continue as a going concern. The trustees make this assessm¢nt in respect of a period of at least one
year from the date of authorisation for issue of the accounts and have ￿nCluded that the charity has adequate
resoU￿¢S to Continue in operational existence for the foreseeable future and there are no n￿terIal uncertainties
about the charity's ability to continue as a going concern. There are no significant areas of adjustments or key
assumptlons in the preparation of the accounts.
Page 8
continued...

THE ]YEWSTAR FOIINDATION
NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 MARCH 2025
INVESTMENT INCOME
31,3.25
31.3.24
Deposit a¢¢ount interest
824
151
OTHER
31.3.25
31.3.24
Support costs
660
All donations paid are to organisations for projects in line with the charity objects.
TRusfEES' REMUNERATION AND BENEFITS
There wer¢ no trustees, remuneration or other benefits for Ihe yeoT ended 31 March 2025 nor for ihe year ended
31 March 2024.
Trnstees, expens¢5
There were no trustees, expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.
COMPARATIVES FOR THE STATEMEIYT OF FINANCIAL AcfiviTJES
Unrestricted
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
235,000
Investment income
151
Total
235.151
EXPENDITURE ON
Ch4ritAble a¢tivRties
Donation paid out
201,850
NET INCOME
33,301
RECOIYCILTATION OF FUNDS
Totsl funds brought forward
481,531
TOTAL FUNDS CARRIED FORWARD
514,832
Page 9
ntinued...

THE NEWSTAR FOUNDATION
NOTES TO THE FINANCIAL STATEMENfs- continued
for the Year Ended 31 MARCH 2025
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25
31.3.24
Other debtors
2,500
2,500
CREDITORS: AMOUNfs FALLIIYG DUE WITHIN ONE YEAR
31.3.25
31.3.24
OtheT creditors
1,825
1,825
LOANS
An analysis of the maturity of loans is given below..
31.3.25
31.3.24
Amounts falling due within one year on demand:
Other loans
1,825
1.825
MOVEMENT IN FUNDS
Net
movement
in thnds
At
31.3.25
At 1.4.24
UnrestTi¢led funds
General fund
514,832
{16,975}
497.857
TOTAL FUNDS
514,832
{16,975}
497,857
Net movement in fiinds. included in the above are as follows..
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General thnd
259,575
(276,550}
(16,975)
TOTAL FUNDS
259,575
(276,550)
(16,975)
Comparatives for movement in funds
Net
movement
in funds
At
31.3.24
At 1.4.23
Unrestricted funds
General fund
481,531
33,301
514,832
TOTAL FUNDS
481.531
33,301
514,832
Page 10
ntinued...

THE NEWSTAR FOUNDATION
NOTES TO THE FINANCIAL STATEMENfs - continued
for the Year Ended 31 MARCH 2025
MOVEMENT IN FUNDS- continued
Comparative net movement in filnds, included in the above are as follows:
Incoming
resOU￿¢S
Resources
expended
Movement
in fimds
Unrestricted funds
General fund
235,151
(201,850)
33,301
TOTAL FUNDS
235.151
(201,850)
33,301
A Gu￿ent year 12 months and prior year 12 months combined position is as follows:
Net
movement
in funds
At
31.3.25
At 1.4.23
Unreslrieted funds
General thnd
481,531
16,326
497,857
TOTAL FUNDS
481,531
16,326
497,857
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are
as follows:
Incoming
resources
Resour¢es
expended
Movement
in funds
Unrestrieted funds
General fund
494.726
{478,400)
16,326
TOTAL FUNDS
494,726
{478,400)
16,326
RELATED PARTY DISCLOSURES
Sazeda Bargit is considered to be a related party as they are a trustee of the charity. Imran Bargit is considered to
be a related party as h¢ is the husband of Sazeda Bargit.
During the year, Ihe charity re¢eived donations of £2,500 (2024: £20,000) from Nova Apparel Limited, a
company in which Imran Bargit has control. Additionally, Imran & Sazeda Bargit made Charitable donations of
£55,000 (2024: £50,000) Éo the Foundation. At the year end £1,825 (2024: £1.825) was owed to Imran Bargit
relating to expenses incutred on behalf of the Charity. No remun¢ration or reirnbursements for expenses were
paid io the trustees in the year.
Pagell

THE NEWSTAR FOUNDATION
DETAILED STA TEMENT OF FINANCIAL ACTIVJTIES
for the Year Ended 31 MARCH 2025
31.3.25
31.3.24
INCOME AND ENI)OWMEiYrs
Donations gnd legaeies
Gifts
Donations
Gift aid
237,500
21,250
175,000
60.000
258,751
235,000
Investment income
Deposit account iTttrest
824
151
Totsl incoming resources
259,575
235,151
EXPENDITURE
Charitsble activitie5
Donations paid out
276.550
201,190
Support ￿StS
Governance costs
Arcountancy and legal fees
660
Total resources expended
276,550
201,850
Net (exptnditureyincome
(16,975)
3).301
This page does not forn) part of the statutory financial statements
Page 12