NewstrAide
Tre helping hand of the Newstrade
2022
ANNUAL REPORT

Contents
Objects & Aims.....................................................
Welcome from the Chair.................................
The Chief Executive's Report..........................
Achievements & Performance.................... ..
What we did in 2022.............................. .........
Objettives for 2023......................... ........
Financial Review....... .............. .. ..
10
Risk Management............ . ...
Committees & Almoners .................................... 14
12
Our Area Committees .........................................
Structure, Governance & Management
Trusteeg Responsibilities Statement................. 18
Independent Auditorfs Report............................ 19
Statement of Financial Activitie5........................ ?1
16
Balance Sheet...................................................... 22
Statement of Cash Flows.............................. .... 23
Notes to the Financial Statements.................... 24
Patrons. Officers and Trustees.......................... 33
We are the
helping Iiand of
Ihe news (rade

Objertives &Aims
OUR OBJEcfivES OURAIMS
WELFARE
VALUE
To provide welfare
to qualifw'ng
beneficiaries.
To distribute welfare funds
in ways thai delver the best
value supporc in the context
of rigorous governance.
To relieve persons who
are in conditions of need
or hardship,. and 10 relieve
the distress caused
thereby through the
provision of welfare for
persons who are, or have
been, employed in the
selling and distribution of
newspapers. magazines,
and periodicals (Yhe
Trade? in the United
Kingdom, including their
immediate famity and
dependants.
AA
ADVICE
ENGAGEMENT
To provide support
and adwce to those who
need ii.
To ensure a high level of
engagement within the
industry.
Engagement shall
normally have been for a
minimum of fwe years.
PARTNERSHIPS
To develop and maintain new
and existing partnefships in
Ihe industry.

Welcome
from the Chair
44
Welcome to the Nev￿trAid 2022
Annual Report and Accounts.
Hawng been thrwgh two years of
restri(tions and hardships caused
by the Cowd par4demio we might
have imagined that 2022 would be a
less demanding year for NeWs[r￿d
and the many peO￿e from our own
industry who rely on our suprx)rL
Unfortunatety. a war in Euro￿.
rampant energy prices, and irippling
levels of inllaiion have presented new
challenge5 for everyone and made
the work we do rr¥?￿ important than
ever.
in February. the value of rewlar
benef￿ paymenTS was increased from
August. a supplement was added
to the Winter Comfort Grant paid in
I￿rOLEr and a Cost Oi Liiftng Crisis
Fund was (reated to provide for
spectfic (ases ol hardship. In additio
our new Help for Hobbies initiaiwe
has tried to ensure rhat aCt￿lL]eS
9) Mtal f(Y our mentsl health a￿TrI
Hawng been 3 trusiee for a number
ofyears l am delighted to been
eletted as Chair of our Irndu￿ry
chaTiry. l add mythanks to Mike's
for tne coniinued Éenerosity of our
supp)rters and the amazing work
CMJr volunteers do. alongside the
Newsrrhid team. My thanks go 10
Mike for his time as Chair and his
continued guidance and support for
me as he continues as a trustee.
Al of this actNity requifed not on
the generosityof our supporters and
a robust financial position bui also
made dernarK5s on the small team
u￿ler CEO. Neillagger w(Kk with
real diligence arKI compasgm Many
Ihanks io all of you.
I look forward 10 continuing 10 work
th Ihe Nevv51rMd ieam and my
fellow trustees ¢0 ensure that our
Industry charity remain5 relevani
ano responspE to the ever-changing
enwfonfflent.
NewstrAid has been
there to provide record
levels of support to its
beneficiaries and those
who need our help.
Tracy ¢YSullivan
114 Sep￿rnber to 31 December)
Finally from me. in Sepiember 2022
I stepped down from my second
S[￿ni as Chairof TTU5tees and Tracy
Osullivan was electe¢J to rake
over. Tracy is a long-term Trustee
and supwrter of the Charityand I
cwldnt be more delighied that she
agreed to become Chair. t has been
a real horK)ur 10 Serve Ne¥￿tr￿"d and
l am gratefijl to the Trusrees
and volunreer5 who have also made
it such a tleasure. I will coniinue as
Trustee for a little longer bJL for now.
I will just say thanky)u l&we the
word io Traoy...
Thanks to the thousands of retailer5
who participaie in our lotteries or
8Ne regular donalions,- to the many
companies across our industry
Ihai provide sponsorship or other
5uppon,' and to the countless
indpiiduals who gwe their time a5
volunteers, attend our events or
do their own fuTrdraising on our
behalf, N￿NStr￿￿ has been there to
prowide record levels of supp)rt to
its beneficiaries and thosevtho need
MÈke Mirams
our help. Through 2022. an addTuonal {1 January to 74 September)
Winter Booster payTnent was made

The Chief
Executive's Report
NewstrAid exists 10 hdp colleagues
lessons football knr5and
from our indusrry receNe much needed dub membership amongst manyother
supporE ¥yhen Ihw ère facing hardship.
aaMDes that chiklren can tak
Whilst Ihe UK felt some respre sn 2022
part in.
from CoMd-19 following the vaccinatic
prograrnme. other threats emerged.
The war in Ukraine led to soaring
eller￿ costs folloY4ed by infiaEton
funning at it5 highesr level for 40 yea
pu￿n8 househo￿ finance5 under
severe pressure.
the charity and we 311 wsh you fufure
happine￿ aThJ succes5.
It is a privilege to be
CEO of NewstrAid and
to see first-hand how
we are improving the
lives of our newstrade
colleagues.
N￿e or￿S 15 posgl>le vnthwt
the support ofthe nev+spar￿r aTrJ
magaar* indugry. In 2022. fJJr inc¢yr*
was boosted ty a recnJitnEnE dme
across Ihe MenDes Ths[rI￿￿On esraie
rewlting in marry more ￿[311 dcmauons
and membership of ￿￿￿131 Jotteries. I
Jld a150 like w Take thi£ oppmniry
to thank Mail Ncvopapers and New￿ UK Thankyou to everyone has
both became corpjrdie St￿50r>
thnated ro. sponsored and supponed
in 2022. ThankY￿ to our
Evens whKh had largety been
army of volunteers who sit on Area,
mothballed duringthe Comd pN3ndenNo
WeKafe and 1rwesvn￿t CommSttees.
restarted in eamesL Our Lingfield Race
Thank you to ¢XJrAjmo￿rS vtho ￿slI
Day trM)k place after a 2-yEar gap an
benettoarles and ptsy such a valuable
the St 8rKJes Carol seNce was once
rde. Thankyrju to the Trusiee Board
agatn a 8reat success. All acr05S the Uli for thwrongoirÉ In￿h[ and support.
rAsea C<mmittees ran quiz nigh
golfda￿. swive5 and even a ¢JtKk
race.
NeK%tfAid needed to step up and
we dld. We gave our benefioarEs an
addtiional £1(X)k tn Sup￿ementary[Ue1
grants to help them staywam) over
the cold ￿nter mnths and keep tjp
wffh their ever-￿0￿ng ener￿ ly'115. We
0￿ded further financial support
our Cost of Lmng Crisis Fund which
we launched in the autumn of 2022
as infiation cogs be8an 10 cllmb. The
resp(nse has been ￿erf￿nd￿S￿￿h
so m£ny messages ofthanls from OL
beneficiaries for bein8there when
needed Lts n))st
It ￿ a prfvi￿e io ￿ CEO of NewStr￿d
and 10 see first-hand howwe are
impr(Mn8 the INes of our newsirade
colleag￿. With ￿ur supporr we can
conunue ro do this for many years io
the 012022 wrwelfare
Help for Hobbies was Launched this
Manager, Sine￿1 Atxxj. who many of
year to provhde ftnanclal support for
you wll krw. decided that itwas ume
children who wish to take part in
10 have a cha￿e ofdirecDon after
exTracurricular a￿l￿tIeS bLll canl afford
20years th Nev￿[r￿d. Thank yw.
to. Help for Hobbies has funded darKe s￿d. foryxff tr￿￿￿wOrk for
Nelljagger
"Mv werv grateful thanks" for all I'our
help in 2022. Iwiihout I'our help I don't
knoii hom" l ii'ould hawe coped."

Achievements & Performance
Achievements against our 4 key objectives for 2022
1. Review and recommend options to increase
welfare delivery
••
£159k
10%
400
2new
welfare
schemes
discretionary increase
grants
to regular
paid to help
benefit
with escalating
payments due
energy costs
to inflation
telephone
calls
made to
beneficiaries in
addition to
almoner vistts
introduced to
target the cost of
living crisis and
young families
2. Develop NewstrAid's fundraising approach
new Corporate s
packages agree
(DMG. News UK& HHS)
onsorship
businesses selerted
NewstrAid as their chosen
charity for the year
1744
new lottery
participants
recruited
through Menzies
territories
new fundraising initiatives
took place including ourfirst industry
wide awareness day and online Christmas raffle
6 RepNEJ)22

3. Ensure NewstrAid volunteers continue to play a
key role for the Charity
250
15
almoner
visits took
place during
the year
new
almoners
recruited
area
committee
events
organised
4. Engage positively with stakeholders to create greater
awareness and support of NewstrAid's objertives
10 presentations
made to key newstrade companie5
Industry
advocate
numbers
28 % increase
2021
2022
doubled
in E-newsletter subscriptions
5 industry • • •
advocate
meetings
took pla
72.000
newsletters
distributed to independent retailers
who contribute to NewstrAid
ua ReFffl2022 7

What we did in 2022
JANUARY
APRIL
AUGUST
Hearst Magazines
makes corporate
donation
Regular benefit amount.
increased by
new Industy
Advocatesjoin our
network
100h
in response to the
increase in the cost
of living
HH&S sponsors
E-newsletter distributed
,500+
Parin Gohil,
Managing Director
of Newtrade Media
joins the Trustee
Board.
industry
contacts 6 times each year
Smiths News makes
corporate donation
FEBRUARY
SEPTEMBER
£59k
discretionary
grant
MAY
Mail Newspapers
makes corporate
donation
Lingfield Race Day
returns
awarded to help
beneficiaries cover
the cost of rising
household bills.
Mindful May takes
place to encourage
mental & physical
wellbeing
News UK makes
corporate donation
First online demonstration
of the Wellbeing Suite
takes place.
ocroBER
JUNE
First industry
awareness day
Woolly Wednesda
takes place tying in with
the Winter Comfort
Payments which sees
supplemented grants
MARCH
Help for Hobbies Fund
Launched
Retail recruitment
across Menzies
Distribution takes
place adding
JULY
totalling
£100k
1.744
retailers
distributed to hundreds
of industry colleagues.
Live AGM event
returns where Mike
Mirams steps down
as Chair of Trustees
and Tracy O'sullivan
is appointed
to the lottery and
weekly donor list.
Tandem Skydive take5
place and
NewstrAid Instagram
account launched
raises £6k
for the charity.

"Thank vnu for
iiour kindness
I'ou are $0
geiierous. This
Inonev means
I can keep Ihe
lica(ing on
ii'ilhoui ii"orrv."
Objertives for 2023
Protert and improve
regular beneficiaries.
standard of living and
increase welfare delivery
across the newstrade
Coniinue to develop our welfare
offer In Wt of current everts.
bncluding remewrg fiJeJ grant
PJyTnents aNJ ￿ Cost ofLMng
Crisis Fund
. Relaunch the Fresh *rtAssst
Ifare ofter th clear marketfrE to
improve accessibility 10 ietailers
Conrinue iofind effettive n￿èrts
01promo￿n8 our weware offer. U￿n8
adverttsemenrs. InduSuYA(￿QcateS
and targeted marketing kty areas
such as usage of the Wellbeing Suite
. Protect reguL3r benefii pajments
arKI connnue 10 find newapplicants.
Ensure NewstrAid
volunteers continue to
play a key role
F(Kus on ￿rnor￿r retention and
grovth through trainin& soual and
recognition a(tNity
Reftxus Area Commlttee actmty to
berrer support the over811 strateg/
of the charty.
Working with
Stakeholders
Work doseW ￿th whole58lers
to comtnunkate the benefits of
N•￿tr￿d to relwant employees
Commission new prornotional
deo to present 10 key industry
organsatK)ns
Create Ind(￿dUal oblectlves for
the enLHrged IrKIuSbyAd￿ateS
group
Communtate cIeartyW￿h retsilers
to ensure they are avrdre of and
ber￿fir from our weKare offer
Contlnue to harness rhe goodwill
of industry bod￿9 aThJ trade
NOVEMBER
Cost of Living Crisis
Fund launched
offering up to
£250 per
household
to people struggling
with the cost of living.
Protert & optimise
NewstrAid's income
streams
ExFlore the potentk41 to Eau￿h a
kTruerysd*me in Northem Ireknd
IrNestigate hcwto Include ihe
gro%Mn8 number of SULI retailers
in fvndrai%ingaai
. Renewexsting and in1rodu￿ new
corpjrate sponsors
Mainrain effecti￿ communkaiior6
th rer3ith and trade groups to
protect our major income stream
. CarefLtIty manage In￿ment income
reserves to ersure the lorg term
SL￿alnablIrty ofthe charity.
Online Christmas
Raffle launched for
the first time
DECEMBER
Carol Service at
St Brides takes place
for the 30th year.
"Thank vou all for
Ihe help you gii.'e us
it is the differen
beim.een us managing
our affairs or being
indebt.,l( a very
depressing lime in the
orld, it makes all Ihe
difference."
ACE Christmas Lunches
raise over
£5k
for NewstrAid
17
New area
committee members
recruited

Financial Review
Toial income of £2.04m12021= £1.75ml and expenditure of £1.72m12021=
£1.49ml exceeded bud8eE expectalior6 ty £0.41 and £0.12m respectNety.
The total Surplus for the year was £0.32m12021= £026ml after a(countirE
for realised 8ains on the disposal of irNestrnents.
Income 2022
£2.04 Budget £7.63m
Expenditure 2022
£1.72 Budgei £1.6m
Surplus 2022
£0.32m Budget £0.03m
There was a decrease in the valuatTon of investmenrs during the year of
£1.5m12021-. inirease i1.1ml resuliing in a nei (Je(rease in fvTrJs of £1 2m
12021." net increase £1.4m}.
Laura Grio. Financial Controller
Where our income came from
We do not proacrwety engage wth the publsc to raise
fiJnds and retyon the long-standsng reLationships formed
with our supporters to coniinue the wrjrk ofthe charity.
We are priwleged to be reporting 3 14% increase in
income during such difficu￿ times and we are immer01
grateful for ihe continued generosty ofour supporters
volunteers and corporate partners
of retarler dosures seen Since Ihe start of Ihe pandemic
Slov￿d. resulting in higher-tharkexpetted participanr
numbers which raised an ajdit￿nal £0.08m income
agains[ bLKJgeL
Imiestment Income- £0.41m
Investmeni income ￿gn[fiCantyexceeded budset
expeclations by £0.08m12441 which helped to SUPF)Ort
cash flow duringthe year.
Donatlons. events and glfts ITr klnd-£Q42m
week￿ donarions from retailers £0.25m12021'. £0.22rn1
form the principal elemeni of donaiiof6 recabe(l.- retailer
¢Yonarions have increased by 1796 during the year.
Corporaie donations also increased to EO.07m12021..
£0.03ml kindly donaied by leading newstrade names.
Oiher donations £0.01 m12021= £0.01 ml consists ol
income from company fijndraising ¥n((iatNes such as
the annual raffle hdd byihe Associauon olCifcuLition
Executives IACEI 10 SUPPOrt the childrens Christma58ranL
individuals, and other charities. ilue to the continued
easin8 of Covid-19 restriaions we were able to tK)Id ar¥J
aitend 15 events during the year rasin8 £0.06m befo
costs. Gifts in kind EO.03m12021'. £0.01 ml relates to free
advertisirEand publication5 recewed to promote welfare
initiatwes valued at the cost the charityWY)uld have t)een
Iling to pay for those serwces. rK)t the mathet value. in
accordance wi(h the Charities SORP.
Retailer Donations
Corporate donatior
Other donaticffls
E*nts
Giffs in k¥nd
Lottery
£0.25m12021: £0.22ml
12021- £0.03ml
£0.01 m12021: £0.01 m)
£0.06m12021'. £0.01 m)
£0.03m12021'. £0.01 m)
£1.21m12021.' £1.12m)
£0.41 m12021'. £0.35ml
Lottery- £121m
The challty run5 13 lotteries across the c￿ntry and
carries out 148 lottery dra￿￿ a year. 1.744 new
participants were recruited into the lottery (5uring quarter
one of 2022 which added £0.15m to income during the
year against budget In additKJn. the increased nUrn￿r

How we spent our funds
We aim 10 streamline njnning costs to ersure that
we can allocate the maximum amount of funding
possible 10 our beneficiaries whilsi also comptyin8
wi(h rigorous governance policie&
Governance cosrs- £0.06m
GovernarKe c05f5 have increased by £0.02m year on
yEar due to increased expenses relating to the return
oftsce40-face commitree meeiings and expanding
audii regulation
Dlrect payments to benefidarles- £0.81m
Paymenis to beneficiarie5 have irKreased ty 17% year
on year. Discretionary grants were paid in FebnJary
and Ocrober to support with increased fvel costs
and regular benefKiary payments ￿tre increased
10% in August 2022 in line vfflh increasiryé inflation.
Requesrs for in work suppon increased try 8
year on year refietting the need 10 inrroduce new
initiative5 for those workn'ng but still Imng in ph)verty.
In response, NeWstr￿d intr<)dvced new schemes
during 2022. Help for Hobbies and the Cost of Lmng
Crisis Fund, the full success of vthich wll be seen in
2023.
Costs of ralslngfunds and other Income-£053rn
The cost of raising fvnds and other income most
consisrs of lottery prizes which represent 20% ofthe
total lottery income received. ￿$0 included are staff
Costs and overhead5, apporrioned for time spent
on fundraising act￿ltieS. the costs of running arml
attending events and the c0rreSF*￿d•n8 cost to gifts
in kind.
Direct payr1￿ts to tR￿f￿rArieS
Lottery prizes
Event costs
Fundraising r￿dS and
staff co
Other c05rs of d*ritable a(tiwties
Govemance costs
£0.81m {2021: £0.69ml
{2021: £0.24ml
£0.04m12021: £0.01 ml
£0.25m {2021: £0.2m)
Other costs of charftable actmtles. £032m
Staff costs and overheads associated with charitable
attNities such as facilitating welfare payment&
volunteer training adminiwaj0￿ ygnF*Jstin& aThJ
befriendin&
£0.32m {2021: £0.31m}
£0.06m12021: £0.04m)
Investments
Our ir￿ents totslled £13.08m at erf a decrease of 8% on the
2021 dogng t¥￿￿0n of£14.25TfL
Despite a dedw* In the market dur￿￿ 2022. irNestments contsnue to
p•form ￿11 cNer the lorE term both in tem)s of capital and incorne. and
are diligenty mOn￿Ored by Ouf Investment Commrttee in accordance wth
the charitys Investment Policy (see page 17 forfvrther information on our
4IPW2022 11

Risk Management
The Trustees and Executlve Management Tearn (EMT) have th15 year changed the approach to rlsk
management. In the context of rnana8in8 rlsk on a more proactlve basls we have spllt the rlsk5 Into
Strateglc Rlsks and Operatlonal Rlsks.
7 strategic risks have been identiftd and are owned ard wewed ty the Trustees. The EMT wll S￿11 be responsible for
measuring and prowding operational controls for these risk& ClJr tradIt￿nal approach wll CC￿tinUe for all other ri5k5.
In addition the Strategic risks will aly) be ￿alUated by risk appetite. The definr(hm and scale of these is set ou( in the
following risk rable.
Item
Item
Potentral Rlsk
R15k Appetlte
EconomK vdathity aThY0r￿ markrf ecorKHrry
declines 10 such an exrent that re*rves and
d￿de￿ are severety affected leyj￿[r￿ in a
fflcant shortenlrg of rhe Su￿l￿abl1ty0f the
char
In￿ment IrKon
dedlne In benefictary numte15 Imwdng
raison of N&￿rA￿l. És￿￿41ty the
chartys resew remain substant￿1 and may be
f(xecasted to b@'urE￿n￿. The age profile of the
tt￿rItieS ￿nefidarIes mtyconiinue to Inuease
espech?ltyYthere r￿¥ benefi￿ar￿ are drffkult tofifKI
in a dectiningand fragmenred TrrKJustry.
Purpose ofchariry
The relLwance ofthe thaws actmty and in panicular
reKwartt ofthe ¥￿fare offer dim(ntshes acr05S
ihe industry
Purpose ofchariry
Abreach of wems or pr(￿e&S security or
contraventH)n of legigatK)n resulting in loss of data.
data beingcompromised or cfv ransom
Securityand Privacy ofDara
ion by ￿￿kilOrS ￿lrE
to k)ss of opt tyji
CLtrrent recruitmeni model C￿￿re￿ inwopriate
ing to the inabilityto undertake reciu¢ttnent an
an increased rate of income dedire.
Industrysupport
Oneoftr* wtrKAesakrs I￿￿arav￿gJP[￿rt from the
charity
Indusrry Dedlne
Material declire in yjpport for cf&3rityacrossall
seaors of industrylReLiiI, Whoknle and Publishin8)
12 knn￿l Pwn2022

Risk Appetite Definition
Risk Taking
Vhere Ihe porenrial benefiis of iaking Ihe risk are sEnrfiiani agèinst Lhe Ilkelihood and Irnpaci
of ihe risk which are Iimiied
Where Ihe dangeisof the riskare SiffiKed and reasonably offseL eiiher by rhe opportuniues
and advantages afforded Lry (hrfyin8 It or byelimlnatyngthec05ts of atUon5 and system5
needed to miligaie it
Where damages of the risk aTe fair￿ eventy offset by Ihe oppDnunitie5 and advantages
offered b51 carrying li
Risk
Orientated
Risk
Equilibrium
Risk Averse
Where 50me risk Is unavoidable bui Ihis shO￿ld be kepi to a minimum
Zero
Tolerance
Vhere ihe naiure or impaci of the risk. 15 Such Ihèt 11 Is not accepièble
Operatlonal Control
Manasement
Overs
ht
Independent
Verification
Further Actlons
(K 2019 and
subsequenr Im￿men￿lI0n
otactv)rts has reduced
likelihocmj score. Moniroring
Fundraising regulats.on
Monitored monthty by
Management and quarrety
Investrneni Commftree
RewewAnnLtalty
Invesbment F¢Jnd
Manager
Benchmart( fvnd
performance bi annual
Monthty reporting via
Welfare Depanment
at Trustee Board and
annualty at strat
R￿￿ved quartety
at Trtstee Board a￿1
annualty at Sirai
Measurement ofwelfa
spend tty type
mon[h￿ reportirE of data
breaches.
Annual S￿tern Dats
Penetration eXerC￿e carr￿d
our by rhird Party
Separate GDPR risk matrix
r&rifftd quarteity
Rwew Cyber Ransom. i-:
inSUra￿e annualty
PenetratK)n teg condLKted
extemal 3rd pany. GDPR
audo cor&lucted Lyextemal
3rd party
atTwstee Board aTrJ
ènnualty at Sir8t
&fvice has taken
and their recomFFErKlat#¥s
implemented,. Close
irM)fvemeni of Wrther%
to e¥wre complkince
Code of RJThlr3ign8
Praaice. Recru5tmeni drNo
| Vthkhw occur5flr5t
Monlrored by incoming
communKation and
discts5sions Wth rrade
personnel. Akn monitof new
lesLslation eg. RbTrlrai%rE
ReguLaior
R￿￿d quarte
aiTnJstee Board aTrJ
annualty ai Straieg
QC ath.ce EO be uwlaied
e¥ery 3 years or ¥thenever
there15 a signfficani
(JJar¢erty contact ¥￿th
Wholesaler Managn8
Director and otlkr
commercLal managers
ErGure sen*)r
¥•knoW￿r
representatM)n on
Incotne monitored and
forecasted by industry
sector
ai Trustee Board and
anNJalty at SEra
nrKHif*F#Jt2022 13

Committees &Almoners
WELFARE COMMirrEE
Ingrld Jones- Chairwoman
David Hall- Vice-chairman
Mary Fleld
Colin Duke
Marknn Manuel
Jean Neill
Darren Powell
Terry Skipsey
Roddy Smith
Sam Whiteside
Mylene Sytvestre (appointed ott 221
INVESTMENT cOMMI￿EE
Brendan Fif£maurice. Adrian Hughes, Mike NeY4man. Ajex van Straubenzee and Claire Blunt.
ALMONERS
Adam Jone5
Alan Codclln
Alan Lawton Ireslgned Jan 221
Alan Mottram-Playfoot
an Pemberton
an Purslow
Albert Lovell
Alexvan straubenzee
Andy Brown Ire51gned Mar 22}
Andrew Boyd Uolned Dec 22}
Andrew Munro Uoinedian 221
Anne Mitche150n
Annette Dodds Uoined Jul 221
Bob Thompson (resigned Feb 22)
Carole Crocker
Carolinejones (Res[￿ed Apr 221
Charles Hamess
Chris Harri50n
Chrfstine Southem
Colln Duke
Cralg Reynolds
Darren Powell
Darren Taylor
Dovid Bowman (Reslgned Mor 221
David Chalmers IReslgned Avg 221
Oavld Hall
Da￿d Holllday
03vid Ware {ResEned Nov22)
David Winn Uoined Apr 221
Don Thompson
Donna Dudden (Resisned May 221
t)orothyScott {slnce deceased)
Elaine Wslliamson
Farhad Pezhman
Gary Cain IResigned Dec 221
Gill Webb
Graham Bennett
Graham Hales
Graham Willo
Grant Keogh
lan Na￿Or
Ingrid JorLe5
Jacqui Broadbrtdge
Jean Neill
Jeff White
John Bradshaw
John Chapman
John Mu55elwhtte
John Palmer
John stranger(Reslgned Jyn 22}
John Walsh Udned Jan 22)
Judy Fnjmln
Ken Chapman
Kevin Jone5
Kevin Rance
Kevin Whrtehead
Marion Edgar IRe%gned Dec 221
Martin Manuel
Mary Field
Mike Bowker
Mlke Buckmaster
Mlke Hopkln5
Mikewalla
Mike Walsh
Mikewilliams
Nettle Majic (Resigned Mar22)
Nick Cadlng
Nick Southem
Pat Mayall
Paul Foreman (Resi￿ed Jan 23)
Paul Goodall
Paul Latham
Pauline M¢Donnell
Peter McClur8
Peter Robinson IRe51gned Jan 221
Phy1115 Corner
Ray Monelle
Richard Burke
Robert Broadley
Robert Dnjmmond
Roddy Smlth
Ron Ru5hbrook IReslgned Dec 22)
Salty Bardsley Uoined Dec 221
5am Whiteside
Scott Llster
Simon Meyer {Re51gned Mar22)
Sue Abbott
Tery Skip5ey
Tim Prideaux
Tom Rodger
Tony Plnk
Trevor Collier
Val Chalmer5 {Reslgned Aug22)
Vera Seaman
Wayne Foster
Wendy Ross IRe5LqnedAug221
14 Rep￿t2022

OurArea
Committees
How we make things happen
Tom Rodger. Operations Director
HEAD OFFICE
7 Full-Time Employees
Welfare Team restructured
2 Naiional Events Organised
3 New Corporate Sponsors
13 Advocates
AREA COMMITTEES
12 ActNe area commiuees
10 Area committee
fvndraising events
72 Members
22 New joiners
ALMONERS
86 Almoners
184 Visits to beneficiaries
"1Thank vou for all vour
help and support. l ii'ill
alii'ays irLba¢*ure and
cherish vour kindne55 and
go(Klness. Ble&s vou all."
Total Surplus from Events
ACE London
& Northffn
14.184
22.957
East of
E￿nd ChwlsDnas
T¢ythYolWalkl
CwryNl8hV
14.360
Wod
Race Day
s￿76
Old Ben
Race
6305
Tyr￿￿[
Chllty
Chèllenge
Jun

Strurture. Governance and
Management
The Charlty
The Newsvendors Benevdent and Prowdent Instituiion
was founded in 1839 to grant reliefto members of the
newspaper induMry Fn London. who required assi5ran
because of infirniity. age or distres& The NewstrAid
Benevolent Fund, the current name of the charty. is
the occupauonal benpJdent for the circularior
distribuiion, wholesaling and retailing Section of the
newspaper and magazine trade thr¢JJghou¢ the Unr(ed
Kj'ngdom. The charity is wdety known as NewxrAid and
ha5 alwaJ5 been referred to. affett￿rtate￿. as Cxd Be
Governance
The Board of Trustees (who a￿ olso direcror5 ofthe
charrtable companyfor the purpose of CoM￿nY lawl
meets rimes per annum. Four ofthese meetings
irw0￿e a review and diKussion on finance, welfare,
furKlraising and mafketing. The frfth meeting lakes
place on the same day a5 the AGM, in order (o elect
the chairrnan and wce chairman of the board a5 well as
elecring the members of various cofflrnittee& The board
currenty nominates up to fNe managTngTrustees of Old
Ben Home5. an affiliated thariry.
In 2(th. the tharity became an incorporated limited
company and a charity regulaied ty the Chaf
Commission. The company is established under Ar(Kle5 of
A£soc¢atiOfL which is the Governing Document.
Management
The Ch*f ExecutNe Officer ICEOI is respon￿ble for the
day- to-day management ofthe Ne￿r￿d Benevolent
Fund. Reporting to the CEO are the Operations Director.
Financial Controller. Welfare Manager and Engagement
& Communicatiors Manager. A number of the Trustees.
forrw directors and industry colleagues, st on the
s¢andin8 C￿mI￿ee5 ¥thich deal wth welfare and
Recrultment & Tralnlng of Trustees
The board endeavours to find indmduals from dtfferent
sections ofthe newstrade who are wlling to starKI as
Trustees. Poteniial new Trusrees are put forward ro the
board, who consider howtheir knO￿edge and 5li11swll
benefrt the current make-up of the board. Voting is carried
out by the membe15 present ai the Annual General
Meeting where a ballot takes place. Tnjstees sfft for a
period of three years before retirin& They mayseek re-
eleaion for a funher three-year period. Each Trust* rn￿[
have completed a Disi105ure and Barring Semce check
as well a5 a DecL3ration of Inierest io aKMd any conflirt of
Interest and an Automatic Disqualffjication Declaration. hjl
Trustees undergo trainirE from an extemal organisation
of charity 5pe(ialists and newTru5ree5wiII be subiert to
an Indual￿ programme on appryntment
The role of the President is to chair Ihe Annual General
Meeting of The N￿trA￿d Benevolent Fund. The Trustee5
have prepared the report and accounts forthe year ended
31 December 2022.
TNS reporr is a150 a direaorg rep)rt required ty&415 of
the Companies Att 2CK]6
In p￿Paring thts rep￿ the directors have taken
a(fvantage of the small companies exempiions prowded
ty section 41 SA of the Companies Act 2C106. including
exemptions nor to prepare a strategic report.
The Chatty pr(Mdes Twstee Indemnlry Irsurance.
Investment Management
Invesunent Committee rneet Nce a yearwith the
furKJ manager, Rathbone Investment Managemerhi w￿h
whom we have a managemeni agreemenL Investments
are reviewed in the context of our agreed Invesiment
Policy SraiemenL Rathbones reviews the portfolio on
an ongoing ba￿5 and pmmdes a quartertyvaluation and
rew)rE to the Investsnent Committee members, which
includes ￿ financsal Controller and the CEO. Tfustees
are urKJaied at the board meeting fc41owing each
IrNesEmem Commit& meeting.
16 ￿{￿*￿￿{2022

Investment Pollcy
The Trustees adopt a medium risk investment strat
based on a diversified portfojio.
Regulatlon
The Chanty undeNands its duty (o protea the public
includiftg vulnerable people. from unreasonably intruswe
or per5i5tent fiJndrai51ng approaches and undue pressure
ro donate. We do not furMJraise from the public (hrough
d￿r-to-d￿r or telephone or face-to-face fundraisin&
During the year a fundraising con5ultan¢ regulated by
the Chartered In5tiDJie of Fundraising was used to send
direct maFI appeals to other Char￿￿% rhe relationship
ended after the year end. Our primary sources of income
are donations lottery fees, and investmenr r￿Urns. The
Charity has commercial relationships with wholesaler5
vkno collect monie5 on our behalf and these businesses
urKlerstsnd need to Pfotect the public and have their
fY•vn ￿l￿eS to th￿ effettwhich N&ysErAd Benevolenr
Fund regularfy reMew5.
The objethves staled in our Investment Policy are:
To produce the optimal total return balanced bet%*en
income and capiraS
To maintain the real capital value for a5 long a5 possible
whilst generating a sustainable level of income to
5UPPOrt current Charl￿ble actThiities.
To achieve an aTrnualised tc￿[ return of CPI plus 3% net
of fees over the kjng term.
The Invesuneni Policy also specrfEs that the Invest￿Ent
Committee is required to consider the congruence of
pocential irwe5tments wrch rhe aims of the Charity and
current fijnd guidelines prevent dirert I￿estment in
companies which derwe MO￿ (han 2046 of their tumoNEr
from gambli￿ tobacco, pornography or high interesr
lendin&
The Charity is registered vAth the Fundraising Regulator.
Nef(her the Charity nor any person acting on behalf of
the Chartty Wa5 subject to an undertaknng to be bou￿
tyanyvoluntary scheme for regulaiing fundraisin& or
aryvoluntary standard offundraisin& We received no
fundraising complaints in rhe year.
Reserves Pollcy
The Charitys Reserve PolKy is to retain reseNes of at least
5 years cover for current expenditure I￿1&
Publlc Benefft
Tru￿￿ review the aims, obiectNes, and attivities
of the Charity at their meetirigs thr¢JJghout the year and
corffirrTr that thry have regard 10 the Charity Commissiorfs
guidance on putrAic beneft in planning future actNiry and
rhai they ￿ compfied with their duty in section 17 of
Trustees are mt remunerared for theirtyne and detaiLs of the Charities Act 2011. Further details of how rhe char
Trustee expenses are shown in note 9 of the accoun
has fUffil￿d its objects for wblic benefr( are biven in the
The pay ofthe execu(Ne management team is r￿leY
Achiwnents and PerforrnarKe settion ofthis report.
annually byrhe Budget Committee which a150 formsthe
Remuneration Committee on the basis of infiaDon and
other relevant factOf&
Pay Pollcy for Sensor Staff
The management ofthe charity is the resp)nsibility of the
Charitys Trustees who constitute the Board of Direao
and the executNe management team.
Related. Affillated or Connected Partles
Old Ben Horne5 (Charity No. 251629)
Old Ben Homes 15 a separate charity regulaied by a
scheme ofthe Charity Commissioners on 10th january
1967. IE Was NKorporaied on 12ihJanuary 2008 and the
scheme amerKled on 1CthJune 2009.
Donated Servlces
From time-to-time publications donate acfvertising space
to display a New5trAJ"d advertisemenE free of charge. Thi
contribution is included in the financial Staterr￿n[S. See
note 2 Ip251
The value of servtces prowded iryKAunteer5 15 not
incorporated into the financial statements. Al volunieers
are subjett to Disclosure and Barring Sern(e checks as
ppropriare.
The NewsirAid Benevoyenr FuThJ appoints up to fNe of the
eleven mèna&n8Trusiees for Old Ben Horne5, each being
for a perrod of three years.
knual f*pJrt2022 17

Trustees. Responsibilities
Statement
The Trustees (who are also directors of NewstrAld Benevolent Fund for the purposes of company lawl are
responslble for preparing the Trustee¥ Annual Report and the financial statements In accordance wlth
applicable law and regulatlons.
Company law requlres the Trustees to wepare financlal Accounts (Scotlandl ReguL4tions 2(X)6 las amended)
statements for each flnancfal year. Under that law
arKI the prowsions of the trust deed. The Trustees are
the Trustees have elected to prepare the financlal
a150 responsible for safeguarding the assets of the
statements in accordance with United Kingdom
charitable company and hence for taknng reasonable
Generally Accepted Accouniing Practice (Untted
steps for the preveniion and detection of fraud and
Kingdom Accounting Standards and applicable lawx
other irregularities.
including FRS 102 The Financial Reporting Standard
appllcable In the UK and Republlc of Ireland. Under
company law the Trustees must not approve ihe
flnanctal statements unless they are satisfied that they
8ive a true and fairmew of the state of affairs of the
charitable company and of the incoming resources
and application of resources including the income and
expenditure. of the charitable cornpany for that perlod.
In preparlng these flnanclal ststements, the Trustees
are required to-.
The Trustees conflrni thatr.
so far as each Trusree is aware. there is no
relevant audit information of which the charitsble
companys auditor is unaware: and
the Trustees have taken all the steps that they
ought to hove tskeD as Trustees In order to make
theMSe￿S aware of any relevant audit
infomation and to establish that the charitable
companys auditor is aware of that Information.
select suitable accounting poliaes and then appty
them consistently.
The Trustees are responsible for the maintenance and
Inte8rty of the corporate and financlal Informatlon
induded on the Chari￿bIe compatys website.
Legislation in the United ￿ngdorn governin8 the
preparation and dissemination of financial Statements
may drffer from legiSL7t￿ in otherjurisdlctlons.
observe the methods and principles set out in the
Charitles SORP IFRS 102}".
make judgments and accounting e*imates that
are reasonable and pruden¢
In preparing thts report to the TnJstee5, who are
state whether applicable UK Accounting Standards also Directors. have taken advantage of the small
have been followed, subjert to any material
companieg exemptions promded by seaion 415A of
departures disclosed and explained in ihe financial Companies Att 2C￿fi.
statemen
ApprO￿Ed tythe i*)ard ofTrustees on 26th April 2023.
prepare the financial statements on the 8oin8
concern ba515 unless it 15 inappropriate to presume
that the charity will continue in business.
The Trustees are responsible for keeping adequare
accountlng records that are sufflclent to shi)w and
explain the charitable compaWs Iransactions and
disclose wth reasonable accuracy at arytime the
financlal posf(lon of the charitable compary and
enable them to ensure that the financkal ststements
Tracy O'sullivan
comply wth the Companies Act 2006, the Charities and SEned on behalfofthe board ofTrusrees.
Trustee Investment (Scotland) Act 2005. the CharrtÈ5
18 P4¥Nt2022

Independent Auditorfs Report to the Trustees
and Members of NewstrAid Benevolent Fund
OPINION
We have audite(J the fir01￿￿11 sratements of Nev+*r
Benevolent Fun(5 {the'Charrtab￿ cornpaty)fOrtt￿year ended
31 December 2022 comFKise the statement offinandaj
act￿[* the balarKe sheeL the statement ofcash arKI
notes to the financlal ststerr*nts. Includwga summary of
S￿nIfican[ accounring pollc(es. The firknrKo1 repwtingfrarna4rrk
rhat has been applied in their preparation is ap￿1(atIe L
and United Kingdom Accourring Standards. inchJding Fwwcial
Reporbng Standard 102 The Financh41 Repjrring stsndard
applicable In the UK and Repu￿￿ oflrelaTrJ (Urthl KtrE&Jm
GewaltyAccepted Accountsng Pracucel.
aTrY our aUd￿0¢S report thereon. The frustees are respon51ble
for theother infowNotDn contsin￿I witlmn the aftnual report.
r opinlon onthe finarK411 statements does cover the
other informatyon a￿1, excw to ￿ extent otherwi*
stsied in our rep(xL** do not express aryform ofassuTrnce
Cxjrrwitllfy is to read the othèr infomation and. in
doingso. consider whetherthe other infc¥m*ion i% materfalty
Ir￿0￿sEen[ ¥￿th the fir￿r￿131 statements or our ￿tr￿edge
rAxained In the c(¥Jrse of trtaudii or otherwse appear5 ro be
materfaltymL85tated. identifysuch matrrwl IrKonsisteTKles
cYappareN material misstatemens are required to
dwermine thether th6gwes rse to a matsrk41 misstatement
In the finarKial statementstheMSe￿ If, based on thè work
14t perfiwmed.wE conclude thatthere 15 3 Tllaterial
mss￿￿￿1 ofihL5 infonmation, we are required to
repcmt that facL
In our oplnlon the ftnatKlal *at£Ynent>
gwe a uue and fairwertofihe state of the d*thab
companY5 affairs a5 at 31 December 2022 and of Sts
incoming reswrces anij ap￿Tc￿lOft of resource5.
tncluding its income and expenditure. forthe yearttEn
er￿ed,.
have been propety preKk4red in &cordance h?th
ngdom Generaltykcer*ed kcounung Prac￿. and
hwe been p￿Pared in accordarKe the re￿ire￿￿[S
of the Companies Aa 200& rhe char￿e5 aTvJ Trn￿ee
Investsneni Iscotjandl Act 2CX)5 reguLation 8 of tt
Charitie5 AccountsiscotLindl RegulatiCffi5 2￿6.
We noth*oto reFKJrt in regard.
OPINIONS ON OTHER MATfERS PRESCRIBED 8YTHE
COMPANIES ACT 21X)6
In (Mjr O￿nI0￿ based onthe I￿)rk undertaken Intr* course of
the a￿j
the inf0rrW￿ 8Nen in the Truste￿ report
(Irwrxjrattngthe dire(t¢x¥ reKK)rtlfor the finandalyear
fOr￿+¥th financ(al 5ts1emEnts a￿ prepared Is
cony#Ènt thefinarKk31 wtements,. and
director¥ rep(yt ha5 been [repa￿d in accordance
ith aFf4lCab￿ *1 re*]UIrer￿Qnts.
BASIS FOR OPINION
We conducted our aud￿ In ac£ordarKe%th Intemaucoal
standards onAJdlUnglUKI I1￿ (UK)) and aFPlIcAb￿ Lv4. Our
resFonsibilitie5 under those stan¢Jards are furtherdescrited
In theAudttoffs responslb51ille5 forthe audff ofthe fln2ncL31
statements settion ofour report. We are Ir￿J￿TrYent of
charitable company in accordance I￿[h the eEhKal rewiremwts
that are relevantto our audit of theffinèndal staiemenTS in
UK Includingthe FKS Ethlcal Standard. and￿￿ havefulfilled
our other eihical responsibiliL¥es in aCcordan￿With
requlremenr5. We beli￿ that the audit Lmdence h
obtalned Is sufficlentarKJ appropriate to provkje a ba*f￿(m￿r
opinion.
MATfERS ON %VHICH WEARE REQUIRED TO REPORT
BY EXCEPTION
In the118h10fwrh￿e understandingofthe chartstrAe
compwy ￿ ffs ermronment O￿ained in rhe course ofthe
aurf¢ hkn* Iderthed materkl rn1&8tètemenrs in the
ire£tcK¥ reporL
We hwe ncthing to rewrt in respect ofthe foiknw"n8 marter5
in rd&h)n to %•knith the Cotllpanies Att 2LHJ6arKI the char￿
kc(yJnts Regulauons 2006 reqLtires ￿10 reporrto
rf. in <vJr opnN)
adwie èr¥J prw Kcounrtng r￿L¥￿S not been
kem or Teturns &Jequate for our audit have not toen
receh*d frorn bt3TKhes not￿"ted or
ffina￿￿1 5tatemern5aTr not in ayeementwlth the
acwJnting ￿l￿d5and retums.. or
cenèin dsdwres ofdirectorg [ern￿erthn S￿ffied
tryLw4 afe not or
h•& r¥)t receTh*d all the infcffi￿10n and eWanatyon5
p reqtsire fL¥our audL or
theTrusLeesv+Ere [￿1 entthd to prepare the fina￿ts1
statements n ac(ordaTKe small companie
regimearmy take advantr8e of the small cornpante
exemFoor6 in preparmgthe director¥ report aTrY fro
requirement to prepare a stratryc reporL
CONCLUSION RELATING TO GOING CONCERN
In aUd￿ng theffinanoal ststements have c￿￿￿ded tr￿{the
Trusteeg use of the g￿ng corKem t)ag5 of &ctyJnting in
preparatlon tsftt￿ finanoal statsments L% apwLwTlate.
any materi41 urKenaintie5 rektingto £*nts or conditiorsth
Indmdualty (x collectlvety. may casr signfficant drMJbt on the
Charits￿e compatys abilrty to conunue as a gtyng corKem
for a period tsfat least rrK)nths fromwhen the finèr￿1
ststements are authorised for isstje.
Our res￿nSIbilit￿3￿1 the iesporrit#Thu"es of ￿T￿￿eesY￿th
respett (o going COn￿rn are described in the re￿an(sectiO[￿
of ths ￿pOrL
OTHER INFORMATION
The othe¥ Informat￿ c(xnpYsesthe infOrrn&l￿ w￿ude0 in
the Tnjstees annual repJrL Other Ihan the fina￿ts1 5tètsmems
P4tyNt2022 19

RESPONSIBILMES OFTRu¥fEES
s explained tnoie fulty in the Tru5tee¥ res￿￿bIl￿es
statement5er ouion pa8e 20. rhe Tru5rees Iwhoare a150 tr
¢Jirectors of rhe Char(ab￿ ccffiparyfor the wrposes of crMry)arty
L*vlare responsitAe lorthe yeparatiC￿ Of￿ fina￿ra
and for bdngsatisfied thartygrft a trueand farv*4. for
5u(h intemal contrd astheTfLLtees(*temire isrtYess3ry¢0
ena￿etr* preparat*noffr*ft￿y￿lern￿th*J￿freefr(
10 the accouMrE policies adcpted arnl In
¢Jeiertnlnlng sEnfficani accounting es¢imates.
Rewe¥srg rninutes of Trustee 8oard meeting5, arty
crAresrA)rKlence b%ith Ihe Charty Commission and OS
eelngthefinarKlal %atetneni dsclosures ¢0 urt£leWng
ppc%Dng dCKtJmen[ati￿. erwuiries ofmanagemeni and
officers ofthe Chafirable Compatyand a r￿0fthe
fisk rywwernenc proces5e5 and prcKedures in pL4ce. We
a150 r￿ed WlKedures in pL4ce for reporrin8
ofary ￿MidentS rotheTrugee Board indudin85eriou5
iKident reFNXting of these mauersas necessary wtEh
Charilycomrnissonar￿ OSCR.
We hwe obtained Evidence ofthe lice￿ renewa15%thth
allchv il* Charityto continue to operate lotterE5and we
fourKJ Thj e￿de￿ that Ihe thwity had breached these
li£er
In pieparlng tr*flnanclèl STaiement& the Tntsteesare
responsible foT asSeS￿ngthe charitable companys ab￿￿Yt0
Con￿nUe as a going£oncerry di5d05tn& as aPp4Kats￿. rnatters
related togoing concem and usingthe goin8 C1x￿ern ba5t5 of
accounting unle55 the Trustees either iréend ￿ IKiuidaEe the
charitable company or 10 cease Operat￿r& or ￿ no real￿1C
altematNe bur to do so.
of thè inher** limitabons of an audi tr*￿￿5 a r15k
that￿￿1￿1 ¢iot dEtectall irregularibe& uidudingthose leadlng
to a materfal mlssraterneni In the financial statements Of nortr
Com￿￿￿[￿e iegulauon. This rsk fftueases the rn￿ that
Com￿&￿r￿e or ieguLation s ￿nThed from the events
andtransaci1ry￿ relleaed In the finarKsal Stalernen￿ as we ￿11
be th liketytobecorne aware of ir￿a￿eS of norpcompliance.
The risk 15 aly) greater re8arfn8 irreguL4rffiès ocoJrring
dve tofraud ratrErthan error, asfraud in¥v￿e5 intentional
co￿ea￿nen[ ft)r8ery. c(AIu5k?n, omiwon or miSrep￿senmI0n.
AUDIToifs RESPONSIBILITIES FOR THE AUD￿ OF THE
FINANCLAL STATEMENTS
Our obleLfjves are to obrakn rea￿)nable assuraKe
whether the flnanclal statementsas a whde arefree frrmn
rnaterial mi55raterneni whetrEr due tofraud tyerror, and to
issue an auditorfs reportthac irKludes 0uropinM￿. Reasonable
a55urance is a high I￿e1 of assurarKe, tr#Jt is n¢xa guarartee
thar an audlt condurted In accordanceimth ISAslUK)*ill
detect a material Thsstatement when it exs& Msstatewits
can arlse from fraud or error and are cwdered maten
if, 1ndpddual￿0r in the aggregaie, ty could ieascKoWbe
expetted 10 Influence economic deci￿On5 ofuserstakn
the bags ofthese fyvndal statement
AfrJthrdescr¥)r￿ reS[K￿l￿11￿*S 6&ailab￿& on
financial fteporung Counots websffe aL w•M.frcorg.ukl
authtorsrespcm"￿litse& This descripu(Jn for￿5 part of our
auth1c￿5 repr
Irregular￿e& InclLLling fraud afe Irstartss of
%vrth kws and ￿SU&l￿or￿. Wed&i8n prLKedures#) lineimth
USE OF OUR REKIRT
r￿pon￿bIlitieS outlined ab(Ne. to detect Ma￿rIal msSu￿rI￿nIs This feptht s made So￿￿¢0 the thariraNe cornparrf5 member5.
In respect of Irregularit￿. IncludingfraLKJ. Thes￿lf¢ FKOtedures as a boty. in accord3nce %•rfh Chapter 3 of Part 16of the
forthis engagemeni and extetKtowtMch these are capat4eof Companieskt2(MJ6, and tothe th3ritable cornpatys Tft
¢Jetetting irregukriDes indLKlin8fraLKI is d*3kn5
as a W. 47 accordance ReguL3rion 10 ofthe Charr(ie5
kc(xJnts (Sco￿and) RegulaOon5 2(K￿. wdr( work ha5 been
undertsken so that*t mightstate to tharItab￿ cornpaty5
memt*tsaThJ Trusteesthose matters weare required to sraie
rothem in an aud￿0￿5 reFwJT and for no other purp)se. Yo
th&fUl￿St exteni pem)itted ty law, we do noi accept or assurne
re5wnsiL¥ltyto anJTh)e other than the charitable comparty. the
charitable cornparrf5 Tnembets as a bo(tyand the Chari￿bIe
companysTru5tee5a5 a bL¥ty. forouraudit forthis repo
f￿ ttE opinKx5we have fom*d.
We gainÈd an understrnrfing of the legal arKI regula
fratnework applicable to the CharIrab￿ Cornpanyand the
5eaor In whKh it operates and consdered the r￿kof the
Charffable Company not COMp￿"n8wth the aptAKatAe arxl
re8uL4uon5 indijding fraud in Pafticular those thai coukl h
a materkl Impart on the financfal st3temern& Th15 tncluded
those reguladons dlrecty rekted to the1ftar￿&￿ statemems
Includlng financlal re￿rring which ccwld a material inTJ
on the financLal statements. In relati￿ to owatiorG of
the charitab￿ Comparyths inchJded Complian￿ Y•ththe
CompaniesAa 2(￿￿. Charittes Act 2011 and GD
The riSksWe￿ d¢scLssed the auilitteam remained
alert to arry indKations 0fnon<ompli￿ÈthroUg￿t
audL We carried oui 5pecffic prLKedure5 to addressthe rtsls
denufied. These Included thefoll(X41￿.
Man￿eMent o%*rrKle.' To address the rtsk ofmana8emert
overrkle of controls we carrled outtestlngofIwrnal
entr*s and other adjL*St￿￿nts f<K approprkteness. We
re￿￿ed werrs and woceduresto 1tintsfyF￿niIal area5
ofmanagement override risk In parfcusar. * carried
c*Jt testing ofj(￿[r￿71 enrriesaryj othwadjustments f
Halgna &￿Ik1￿$0nls￿￿i0rStat￿t0ry Audr£orl
Foraryj on behalf of Price Baity LLP. SratU¢Cry￿dffor
I Cay5e*W H￿Se. Dane SrreeL Btstrw¥Stortford
Herdordth"re(k123 38T
30 June 2023
20 AnnU￿p￿t2O22

NewstrAid Benevolent Fund
Statement of Financial Activities
(Incorporating an income and expenditure accountl Forthe year ended 31 December 2022
G•n•ral
2021 Tot•1
IR•statedl
Income
Donations and tegacies
Income from other a(tMues
Invesunentand other in(¢yne
355.010
1264.419
413343
5630
265.464
1.135.0
349.543
1264.419
413,343
Totsl irhcom•
IOa7ll
103&402
1.75Q007
ExP•ndi￿re
Costs ofraislng fiJTrJ5and
CharftableacriviiiES- Other
CharitaNeoaMOes.Wdfare payTnerts
S27.7S3
1IOA91
1J)447S9
527.753
110A91
ImllS9
450306
98.539
937396
Total •xp•ndi¢ur*
1.687.IM13
1.noA03
1.486.241
Nèt incomo before otherrKognised
gains 4nd1055es
Realwl g&i ￿ disposal offirNestm￿ts
Impairnient
Unrealsed Ilossygavk on ty&u*ion 0f1m*srn￿
N•t incom•
345.769
Q7.7701
317.9YJ
263.766
2,595
P3081
1.117398
15 11,543,6591
11543,6S91
11.187.921)
(27.7ml
315.691)
1381A51
Gross trar6fer5 betsten ftJnd5
N•t mov•rn4nt in funds
17
U4.563)
14563
11.215.691)
1.38IA51
Reconcil¥?tion of fund5
Toral [￿dS bmu8ht fo￿ard
11677.651
fAJS667
48352 14331.
11950239
Totèl carri•d forn•Yd
11m.167
11114999
I4￿1.
The $￿tÈment offina￿la1 acti*l￿S (ncludes all gainsand ￿￿Te£OR￿sed ￿ the)wr.
Atl income aftd eygendlture derf¥e from contirnEingacti4Tht6es.
The notes on page 24to 31 form partofthesefinawKialsfatemenr&
rrf¥JaRepyt￿22 21

NewstrAid Benevolent Fund
Balance Sheet
as at 31 December 2022
21122Totsl
2021 Total
{R•rtat•dl
Fixed a550ts
Tawbleassets
Investments
Tot41 Fixgd As5•ts
19.750
T3.075.IC6
Iirr34.856
10.270
14.248,925
14.259.195
12
Currentass•ts
Deb¢or5
Cash at bank bnd In hand
Totsl CurrentAsset5
13
13&826
167.730
146226
177.fY)7
Liabili114S
Creditors fallingdue*ithlncfieyear
N•ttyrront4$5•ts
14
(28&4131
1250.7381
71495
21.143
Ne¢￿￿ts
14115.9Jg
14.331.6
Th* fuftds of th• charirr.
Unrestritted fund5
Deygnated ftjnds
General funds
lnve5trnthtga1ns￿Dd
591480
605N7
103.538
4574.113
9A4713
3￿30.454
15
12A75,167
48,352
11111999
Restrfaed funds
Tot•1 th•iityfvnds
48.352
14.331.6911
17
These firtancial statemonrs have beenprep¥oJ I￿￿(0￿darKe *ith tl* wthistortsof Part JSoftheCornpan*sA(t 2(K
relaUngto small companle&
TheTh)tes on pages 24 to 32 forrn part ofihe5e finar#ial uemen
The finaM31 staiements on pages21 to 32 ￿reapprr￿￿tsYtheTw￿eesaN￿ for i59Jeon 26Aprll 2023
signed on th￿rt*haWb￿.
Neil Jagggr
Chlef Exe(sJiweOfficer
Trary 0StsllNan
t*rect
CoThwnyregfjteredThJmbvts05973987
EW5h<hJrf4y re8tsreted ￿mber1$ 11768P4

NewstrAid Benevolent Fund
Statement of Cash Flows
For the year ended 31 December 2022
2021 Total
Cash providqd byowotl￿•rtI¥lkn•S
1893241:.
11132141
Cash Ilows from investins activiti•s
IrNestmentand interest income
349543
Pufth35e of iangSbte fixed assets
115.8611.1.
14.4521
IrNesbnentkldiTiC
(36fi8841
1278.9061
49.449
9.984
Cash Bqnoratgd by ln7nStb￿actl¥1
76.169
￿e￿a$￿ in ¢•sh in they
(92rn':
(37.0451
Cash at the beginnlngoftheyear
177.W7"'
214052
Totsl cash atth••nd of th•year
167.730
177.Q07
The notes on pages 24to 32form part of tt*se fiDaNi* statem

NewstrAid Benevolent Fund
Notes to the Financial Statements
For the year ended 31 December 2022
The prtncfjpal accountingpDI￿e$adopted1U￿pMentsaThJ k
sources of eSuma￿)n uncertathtylnthtprepradonof thelknandal
sraiemerttsateasN
datert 0fmanag￿d￿TV& The %aterneDt ofFIDan￿All￿1es
s net801￿a￿l k5se5b￿rEOnt￿￿L￿II)Dand disp)54s
1. AccounUn8 Policles BastsolPreparndon
The (￿3r￿￿3 Berfrt ENitY*KIt￿ sts¢err*￿shtyE
been prepared in ￿(￿d￿nce￿iEhknOunDnsalld
SraremenE of Recornrnended PratDceappliGibletoiham￿s
finan031 sthtements lnaccordancev￿Ihts ￿ror￿lI Re￿rtI
Urab* in the UKand Republic of1re4nd IFRS 102] leftettpe l Jan
20191_{r￿ Char￿* SORP 2019k TheCharÉ*A(r 2011 (har¢¢5
3ndTrustee IrTh*￿￿enE1Sctsd￿d>kn 20)5arxSRwJL*ws6af￿ 8of
ch¥*ab* conpirysexeryfrom colporabontax on irKornean
rtsts1in8ffihin5ecE￿ gOSofthÈTaxesAa 1988 or 5ecthJn252 ofthe
Taxaw OfChar¢atAe&7g￿￿ 1992 [ott*extL￿1￿atLt*SeareawIed
Tr%Va￿OIserS*eS Fxthided tyK•Jnreersi5 TrxI￿orpYlled intothe5e
fin￿laI￿v￿￿5lll èttNdèrfe￿￿￿charthss0Rp. Fur1￿ drfaiLs
ofthe<LY0r￿1m￿ffl￿￿tt￿¥￿￿t*eersCan foJnd iDTheTrLsi£es
Com￿￿reSA[£ 2(X)6.
The fiTrinckilSaterT*nis ￿ be￿ pwareduTrlerthe h￿l￿alCO￿
cwhtntion.ekceptforthe mc¥Jfftatw)n loa faIr￿d￿*fUlited irAt51r
GroupAttuunts
as specffjed In theaccou7ti￿w￿e$l￿kwrf.
fawcial staLe[t￿m$ ctyun inforrnationatwt Ne4ArAd Ben￿b￿￿￿t
sterlry.
da5 anindnridLd th¥itth Comparv¥￿￿O not coni•n con5dKJaied
financol gateTh￿rnsaS ihe ￿rer￿ ofa group.The Charrta￿e company N75
In weparingthe5efinarKk4 slAter￿r0
taken è*oftheexemtXX)n tOr￿e[r￿j In S.399 oftheCorrpan¢5
e5timate5ha¥e been re￿￿,other￿)n￿lttt regard roana55e5srrw
kr 2t¥J6 Thxto cor6dKJated fina[￿lalsta1tmetsts * rhegroup
Okl Ben Umiiedlnore I2)ar￿ treesEYr*tron ofcornNtmX5ma* heads(yalf*s3sa>r4lgrw. Inal￿￿(￿the{ha[￿b￿ cotnpany has
to tenefickirle5at theyearend ncb)*valtrinothercred5try5 (we 141
ken a￿￿￿8￿Of￿￿eXe￿•alab* un(*rtheCharitie5pn2011.
Income
r￿￿[0fth￿￿K14tiryUr¥Je￿a￿rEls ￿ Ma￿r￿11101hP grou
JI incotne ￿1￿1￿1￿ withe SratementoffinancpalkrMr￿Tr￿the
[harty￿ *I￿ent￿• tothe ￿￿0￿￿￿￿the41FxxM1 (an L￿(￿l￿fied
wth rea50n3ble accwacy.The f￿￿}nESpe0fic WKEsareaW￿tilI0
wlar<ategories 0f￿e.
. VofuntaryincomE ts re(epRd
induded ￿1￿11 Inthe Statemeni afFMI￿a￿l1￿$vthl#l wp4ai
a05clthe%hEme*ehehJ separatetyfr(ffi(h05e ofthedwiiyin
. Lewinrorne s recogFN5ed in Iheatr(xmtsththere satenaxyd WeThYerrttyth15teredfiJrwJ.
recept and ttEVaIuav￿ ￿ kntyML
OFwatrr8ie05e
. On receiptofthegths in kk?d IhelrKoff*isrecw￿ed￿the Renra&ptyable u>yerrwarkn8knesarèdwgedtotr*&aTe￿*ffl of
Y￿ue ofrhegrftro ihe tharny%thch ￿theaM(￿r¢t￿thar￿￿1rtI￿￿ FKWx￿￿tyIIes￿a5tr•gh[ ba5SOVthe knÈEemi
beenwllingtowrD obT3U) thewft
ontheopen tnarket acorre5pMdingat￿n[￿ 11*nr￿Se￿.
exFEnditure inthe ofrecepL
Poration ofthe*￿O￿ts w a Gok¥Cancern Basi5
. IrNE5rrnent irKorre s8ener*ed tydhit*ntta￿lrttfe5L1r￿Orn￿fr
klJtWllla￿lT￿tSleeS ￿ condthJedfh¥the charyha5 thent
r porfc4&)and i8accountedforona receNable ba5s.knfere5E45ato
f*re. cash baLince5 and respffts 10 qs obhgaiN>isanOtosupport
eèmed Onw￿rgOp￿l held in depoS￿a(c￿Jr
*stsnrt Wldeuea5ed tyDjY4y￿ IC45&Jr¥%Q3 of2022. h
s•xegr•Ju¥ty ffueased. The rhe5trnent baKince15 ￿rreThfy7.910 drA
ty)Ihe 2021 >tarerYJ. Cash baLmce5 rLwoJn robu5twth PDtern1￿￿ÈrhueS
Iw8ereratMY4aLklftK)nal ThectsrrtYc￿tyriles1O c105ety ￿r￿￿or
c*hkn•¥*ladaN5trateKiE5attotrJingtyfvhYewthirgio maximise
atc1xmt￿2f0rbtyhth￿irKOMÈ￿￿ ex¥￿ sewat*.
FundsStrucLure
RestriLtedfund5arets)be ¥efftvFKse5a5
Desrgn*d funds areur*eStrictedfL4Thtssa￿tyIheTTr￿eesT
parti￿￿1[ purpos￿&￿1 otherfiJNJ5artunrestrKtedfffttsthKh tl
Trustee5arefTrptQ Use frw ¥ypwp05e in ￿nh￿a￿e￿￿e￿￿rwS
thsrr*Amrswtecorirr4*dio WwretyrQ￿ffi￿dab￿).
hJ5a*wae [￿1￿ce$l0t0rnlnl￿ in operatiwl exi*erKefor It
tr*eseeablefinJre I￿[￿al ￿ast 12 mNhsfromrhedaieofappro4in8the
r￿al￿￿e1￿%thLS￿iQnti￿ue1Oèdoplttte￿rgCOnCern W5
EKpeTrYtture
ExpendKure1sac£o￿IÈd foroD anacuL4& basts￿ reco8f15edorKe
Ikre or[0r￿n￿￿ thI￿￿}loMake è p41r￿t03 rhr
party. it Is ￿0bob￿tharsa1eMentwll be rewiredarTdtsatttsJN L
can t* rr*awredre[￿bty.￿fr￿￿ytyOfcO5I5 aredr
ThecIwity￿￿haSfjn￿1￿ èssetsa￿ firwcwl IKibilftie5 ofa Pind that
arribJtab￿t0s￿lfr(aa￿1¢ydS VAT.￿¥chi$￿ re(Iy*¥*
¢w3&fya5ba￿fiTh]rKI1 in5tiim*rts. Bagc hnanoalir&rurrentsare initial
Wtht￿ kemofexpwtse ro%**ith k relate&
¥wr¢eOarfvrIrar￿K>￿Vakj￿. ¥*tNch istr•rCoXa￿ subsequerity
ff*a9JredaiLhw5atrnwtvdue the exceprKJn Of1r￿eStmentS 4YhK
are nknLYedaLtr*ir mark£r mrNemern5 inthEfairvalL* 8tsng
I05ts arÈre-alELYBtedtofurvJratsiF¥&tntsaTrlthwitableKh**5 ofFIDarK4alknoe5a￿ fixed a55etsYhthKha
Trff tKreattrdmabletoea(hrri.Theba5es￿Thts
C05tsWe been 4￿c￿e0 arese¢4yA &
Cash atl)ank•nd kn harml
Cashar bank•Y in h>id trKlx*s tash3nd short.tem
74e5r￿Vrth ashtyr nwurityofihree M￿th5or *5
aC4i15￿0ro￿yÉof[l￿aepo$￿ or9mlbra￿0Unc
DeMor5
Detrtcrfs ¥e recysed an￿fttdl￿3lteranYI1ade
(r¥J￿ offered ￿ep￿rer￿S3[e￿￿ attheamwnr prepaij netofany
irKeffearQ tax re(ova￿e ￿1n(￿dEda[thQ
test￿￿nateOfih￿aTh)UrH$ r￿e￿￿èttheba￿9￿et￿are.
atranSen￿[nsofEh￿cthaTity.
edatecl
Tantyble FlxedAs5ets
DepreoèrithTrts at ratesc¥cuL3ied to￿￿￿th￿(Ost0fÉttkn
a55etto tsesbmaEed res￿L41¥alUe (fver ThsexpKtetS usefrA4fe.
. OfficefumiturearKle4#Fmm25* usK*the rO*K￿¢
. Compu*r equpmer¢betrw l6.67*￿d33334b
raishr Ilr* method.
CTethtws
CrethTOrsa￿recw1S￿*￿rerhed￿]rtyhasa wesertobbgatN)n
Ta￿8￿Ae￿edBsSèts8re(*1a￿ ITWcosLffK*e￿￿AlaThJ*4t¢ resuhn)gfroma pastertth*wI wrtsbtryre5th in ihetrattsferof
l￿ed (Mi anorEoKEt
d5 10 a third ￿T￿andthe￿n(wrtl￿￿ EQ 5ettletheobl1gat￿n can b
rnea￿￿ ore5tsTOted ithabky. Credthrs ère n0rmè1tyrec￿nSed artheir
xedAsse¢invesimenr5
xed asset1rTh*srwtsarestated*rnarVM￿*tt* b¥m

2. Incom•from Donations and Le8KieS
2022
2022Total
Donatttsns
Gifts in klnd
32%￿2
&630
3XJ,632
355,010
2021
unr•strIrt￿ D•5iywtsd R•strict•d 2021 Totsl
IR•stat•dl
Donatlons
Gifts In kind
1363
&203
261J66
1898
257261
8,203
D•Signa￿d donation5
During 2022 ihe tharity ¥EceNed £5,630r2021. a898) fr￿￿ frJthrsw)gw*dwt tytheAS50¢iatw ofClrcuLaOon É¥ecuiNts IACEIto
support the Chrf5trna5 thildrerfs 8ranE.
Gifts in kp)d relates to alfven￿"￿81n ￿￿ka￿On5 roartrart ber￿Idar1e*
In 3CCOfdance wlth FRS102 artd the Chariiits SORP (Ffsii)2k thee£0Th￿￿ c(¥th￿ of8enwal4dwffter5 is noi recwised In the
accounts.
3. Incom• from Oth•rTradin8 Arti¥itses
Unr•StrIrt￿ De¥xn•tsd R•strict•d 2022Total 2021 Total
Membershlp
Area Cornmittee (w)drafyn8
Events fundralsl
70
1205.310
59.039
126V19
70
1.121182
12.748
1.135.(MlO
1205310
S9￿39
1264419
I Income from other trathng3ttv*itye5 in2021 ￿etedt0 UnregJKr￿ fwth.
Inv•stm•nt and Oth•r Incom•
20217otal
In￿efroM guoted In¥estm
Bank d
t sntsrest
413202
413202
349.517
26
349.543
413343
413,343
All invethentand crtherincme in 2021 rthted t0tsnresr￿ed
5. Ctssts ol R•isin8 FundsarA Othwlnrom•
2021 Total
Area Committeèfundral&ftg(c6ts
Events fundraislngcosts
Other
455.725
37549
34.479
455,725
37,549
34A79
433.307
8.796
8203
costsof raithgfimd5arMI otheriKtyYe in 2021 related tour*ESts￿
ea CommitteelwvlraL•ngcostsJndude wlzes pad in totslL*terie&

6. Costs of Charitabl• Arti¥ity•s
Unr•Strirt￿ De518Mt￿ f¢•5tric¢vd X12ZTotal 2021 Total
Cost of raisin8 fvnds
110.491
110.491
All eosts of tharira￿e athilles In 2021 relatedto unresrricred hmd*
110.491
110.491
98.539
98.539
7.Tot•l Exp•ndI￿r•
Costs of
Costs of
Rai5iD8 Charitabl•
V•1• Inrom• Adiviti•s
Support
Costs
2022
2022 Total
SEaff cosis
Fundraising cosrs
GO¥eMan￿ costs
Othercosts
Depreciavon
Support (￿ts
19.947
27fi￿3
133.043
266.IS9
419.149
276.903
56,551
961A19
6381
551
117.340
6.381
144&4311
814071
24S536
527.753 1.191650
1.720A03
Itaisin8 Charitabl•
Vdurtary In¢om• Atti¥iti•S
&Jpport
Cost5
2021 Total
Sraff costs
Fundraising costs
Gfftmancecosts
Other cosrs
Depreoarion
Supp¢rt c•s¢s
17231
24S712
12S224
244.782
387.237
245.712
43.682
801504
7.106
43.682
102.$65
7.106
(398.1351
691.736
179.1
218.975
4503￿ 1.035.935
£30.0081202T: £8203lwithin costs of rai5Nyvoluntsryinc*)rt*relates togifts in bjnd.
1A84241
&Anafytsis olGov•rnan¢• ind Support Costs
202ZTot•l 2021 Total
Go¥ern4nce msts compri5V.
Legal and professional fees
AuLlit and accotmrancy
Meettngcosts
Annual reportaod accounts
15,499
16.756
15AIS
9274
1337
14.483
1,129
56.551
Rai51n8
Volunt•ry Incorne
Charitabl•
Artivity45
2022
55%
2022 Totsl
SuppDrt tosts ar• allotat￿ to thatitabl• attIbi￿•S follow
Staff costs
Staff training and retru¥tmenr
Seruormanagerexpenses
OfflcÈoverheads
Computers
Lease tha
Adverti$ngand promooon
G¢J¥eman￿ costs
Webstte
Depreciav
121827
1.264
1SQ122
1.545
271949
1.253
69.189
31.135
10.786
X054
13.182
1.232
S974
31.103
126
1240
10.862
551
229
381
446.431
103
Z872
26

8. Analjsts of 6owmanc• and 5upprt Costs l¢oniinu•dl
Costs of
Costs of
Raistng Ch#ritabl•
Vdunt•ry Incom*
Activrti•5
45%
55
2021
2021 Total
Support costs ére all0¢•t￿ to dwritabl•actNiue545 fr•N*)¥
Siaff c05r5
Stèff iralfjlng and fe(ru61meni
Senior rnanagereXpe￿e5
Office overheads
Compuiers
Lease tharge
Advertising aftd
Governance costs
111.283
1¥013
Z239
197
33.437
11805
1.399
4582
24.025
370
247.296
4.071
358
161
27.358
lQ476
1.14S
3.749
19.657
301
60.795
1544
8,331
Websiie
Dew￿lati(
671
3,198
179.1fAI
7.106
398.135
4975
Supporr costs of generating fvjnds are allotated to fundraising ebEn
Support cosrsofchari￿b1e aCDThareallocated beMeenwdfarePa￿fiW￿andg￿￿aiftBJncOthnz resour￿1n ts rauoofSSAS
9. N•t Incom• forthg year
2022T•tal
2021 Total
Th15 i55ta¢ed af¢ercharyns
Operating leases- equiprneni
Dep*dat(c
Auditof charitable tompany
Twstee<re*mbursed experse5
2240
6.381
1544
7.106
19.500
797
Durirg theyeor4P021:01 trU5tees*ve rembwsed fortr￿aTr￿
10. Staff Costs
2022Totsl 2021 Totsl
Staff costs %**re as follow5..
5alarlesandwage5
Sockal secvrity<OSts
p￿S1On contrknjtions
Total •mDlum•nts paidto staft
365A68
37.075
16.606
419.149
336563
33.134
17.539
One eMployeee￿ed betweÈn £70.(W and duMgtheJ*araThJ one emkn earned be￿%￿£60.(0)3ThI £7￿(￿ 12021..
one Employee earned beN¥een £70,fYJ)arnf £80,CW
The penslon (0ntrtt￿ty0n$ paKI by theconyrywth rE8¥ds tothese uryloywwasQ630 (2021.. Enli
The key management personael ofthÈchar¢y. comprlse theTnJ5Te& the(h*fEXeC￿rye Offw,Operai(on5 Direttor.wdfare
Mar￿ger, Engagernenl &C￿mun(Ca￿onsuaDdg2t fmanclal Contydler.Thetotal ernpwe betkefits ofthe keymanagemen¢
perx*net ofthe (ha￿ty%￿re É293.65812021:£MIW5IRe5rared)I
2D21
Numb•r
Nurnber
Head OffKe full dmeequlvalent
Head Offke iotal head courtt

11. T•n8ible A55ets
Olfic• FixinB Comput•r
Furnitur• and Equipm•Nt
Equipm•Trt
Total
CosUV3luatlon
At t january 2022
Additions
Dlsposals
At31 D•¢•mlxr2022
31.020
J5,861
110751
36.880
1SA61
110751
Deyedauf
At I january 2022
Charge for>rar
Disposals
At31 D•C•m￿rI022
1983
934
23.627
5.447
0751
26.610
6,381
12.0751
30.916
1917
Net Br*)kValue
At31 OK•mber2022
17.807
19.750
At31 Docembpr2021
18F7
7.393
10.270
11 Inv•strnants
202ZTotsl
2021 Total
Quot•d inv*sthients
Markerval￿ at l Janu
Addiiion5
Dbsposal proceeds
Gain on d4sposal Of1￿eSun￿ts
Unrealised IlossV8ain
Movement in cash held
M•rk•tvalu• •t 31 D•c•nh•r
14248,925
11864,433
274906
19.9841
1595
11.543.659)
1.117.398
42A36
14.4231
1107x106 14M925
149,4491
Costat l Jarojary
Additions
Disposals
Cost at31 Oecembqr
9599.￿5
9.328,287
278.906
139.4801
3881
9927209 9.599.805
Quot•d investnTrnts areallotted toeath r•th8a as follo
kn¥*stm•nt
Fund
Total
2022
9.Wn209 9.927209
9.599.IM15 4.599.￿$
2022 Total
2021 Totsl
11541.y9
11718582
The investment bsvalued netof ma1wg￿l Managem￿th￿￿5[￿rthe >rartotsl £IIy1439 {2021: £111.0111
The charitypww*held IlThof the¥othry riBhts andtharewinl ¢)fOld Ben Lotterle5Lwntted.
Old Ben Lotteries Umtted was dssow on 15 Jure 2021. fft¢Wthe companywa5domwNand regstered in England.
In 2021. an ImpaiThentof£2308wa5re(wtsed ￿ respettof(Nd Ben Lrtyie
Old Ben Homes Llmlted la cornparryllmlted by8uarwrtt* number(6ll9361
The charity does not have the abiltyto ￿ seek io control or knfluuKeihe aamtiesofold Ben Horne5 Umked.ahough ￿ thtles are
alLgned. Thecharityexpecls to [ece￿* rKidwert benefii from Okl Ben ifjmml and xcountsfu Its Interest In
Old Ben HDmes knmited at C￿1£

13. Debtors
2022Total
2021 Total
IR95Utgdl
Trade debt•
Other debtors
76.9)9
24.e69
37.248
1¥826
76.719
25,829
43.678
146,226
Prepayrnenrs
1& Creditors Duelyrthin On• Y••r
2022Tot•l
Z021 To¢al
Trade credirors
Othercredknrs
PAYEand per￿l￿n$
Actnrak
3.979
194.535
181647
9255
57.172
77.045
285.413
Included within othercreditors isan amount of £5,93412021- £5.9341 in relation to W5tarU￿ a fomiw restdentof Barne5ron Co
Care home. Th6s arno￿t i% btyngheld pendin8 compleiion of WSt*Sngs probaie.
15. Inv•stsn•nts8aiRsfuTh15
2022Totsl
2021 Total
At 1 lanvary
(Lossygain inyear
At 31 Dqcernb•r
4574,113
11.543.659)
030A54
3.456.715
1,117.398
4574113
1&Anatysis of n•t aS5•ts b•t¥M•n fvnds
A•5trirt
J st•el•
2022
Total
Unr•strict•d D•5i8nat•d
2022
Furtds balan￿ a¢31 Decembw 2o22arerewe5tt￿tsY.
Tanglble fixed assets
IrNesMtents
Currentassets
Creditors.. amOUntsf￿1S due *iLl¥nix
19.FAI
1148Z626
254204
Q85.4131
11475.167
19.750
13.075.106
306,556
{285.4131
48.352 11115.999
S91480
48.352
Unrealtsed galns knduded atTht:
On investynenrs
3.030.454
3,030.4S4
3.030.454
Reconaliatltsi o1￿￿>¥eMents1n ￿lrea￿gain
Unreali5ed ga¢nsat 11•)uary2022
Revaluauon intheyear
Unrealisqd yin5 •t31 D￿Mber2D22
4,574113
11.$43.6591
3.O*IA54
4574.113
11.543.659)
3,030.454
P4)Jt2122 29

16.Anatysis of n•t ass•ts b•t*••n funds{Continu4d)
J 5t••b•
Total
2021
Fundsbalan￿s at31 D￿ffiber 2021 j￿rE￿¢S¢￿ted by.
Tangible flxed assets
Imiestrnents
Currentassets
Credirors.. amounts falllng duevlthtn oneyear
10.270
11641238
274.881
P50,738)
11677.651
10270
14.248.925
323233
P50.738)
44352 14.331.
605.687
48,352
Unrealised galnslnduded ats￿:
Oft investments
4574113
574113
4S74.113
4.574113
Rttonoliation ofmovements kn unre*sed
Unreallsed galns at I lanuary2021
aluarion sn the year
Unr•alisod8&ins•t31 Da￿rnb•￿ 2021
3.45&715
1,117.398
4574.113
3.456.715
1,117,398
4.¥14113
17. Analysis of Ch•rit•bF• Funds
Brought
Forward
Urrnlis•d R•ali5qd
6•in
Gain Impairni•nt Tr4n5f•rs
lTrcom•Exp•nditur•
2022
RestrktedfubykJanÈSteele 4&352
Total restrirt￿ funds
48352
44352
De$48nated fvn¢ts
ACÉ
iZQ193)
113207)
14.563
Legacyin¢ome
60&667
Total d•signatedfunds ￿187
592.480
14563
General funds
Total8•n*rthl funds
13.677.651 2.032.772 11.687.C03) 11.543,6591
11677.651 10317n (1.687.￿3) 11543.659)
114.563
11475.167
11475.1FI
Total fun&
14331.690 103W2 0.710￿ {tJ41ffj9) 9.969
14115.991
Brought
Forw•rf Incom•Exp•nditiw•
Urrnlis•d R•aliMd
6ain lryairrn•nt TraMf•rs
Re5trEcred fundslane Sreele
48.352
48.352
352
De5ignared fijnds
ACE
Legawlncorne
60%687
Total d•si8Mt•d fvnds GI￿0￿1
1193871
1&489
605,687
119J8n
15A89
General fvnd5
T•tsl
al funds
1129&2(KJ 1.746,109 11.46&8541
1.117398
11296ml 1.744109 (1A6&8541 1.117398
1595
113081 115.4891
(IXXI {15A891
11677.651
11677.651
Totsl funds
11950239 1.75Q(Ak7 1IJB62411 1.117398
14331,69Q
30 NTrKJ4Rwry¢2022

Purposes offtestrirt*d Funds
The fund wa5 set up ￿th a le8acyfromlaneSteele. tt istobeused ftrgranlin8 intefe5t free loan5 forhMie hnprovements t
beneficlaries. to be repaid on ihe sale of the woperty.
Purpos• of Dwi8nat•d Funds
TheACE Chlldren's fund ftnances rhe regvLarkndfare donaiic*ts TO famIl￿¥￿th ththjren. The defidi on the fund Is made up from the
volfare bLtd8et on the 31 cle￿mberea(h year.
Legacyincome relates to funds bequearhed to NE￿AId in the**1 ofthe ￿te Harry Harnm¢N￿. Ouringthe year the Trustee¥ approved
the redesignation of the late HarryHammorKfs le8acy from fvr*ts thfailablefor aryfUbyel￿1ld1n8 projeo ro fvnds avalkble for gener
samaritan 8ranr
Unrealised gain5
The investment gain5rewe5eht theaff￿nr ty*thich irfv*strwits exceed tharhiryorical
The Gen¥al Fund5 are thefree re5ertoftwallo*lng for *lde98rthtedfiw
18. P4n5ions
The charityconErlbuies 10 3 denned Contr1￿110n S(herneyAt￿h is aval￿b￿ to all ofthecharitys employeesaged 22years and over.
Contrtbutions are tharged to the Statement ol Finan0￿ Aawittes as InoJrred there %*re nooutSEanf&ng or proposed contributions
at the balancesheetda*.
Pen￿On cosrs In the)Earwere£1￿5(202l.E9.lS8I•ttd thearno￿ts r￿ndIn￿at theyeareTrJ w•t£nl12021'. £nd).
financial Instrum•nts
2021
Flnanclal assers measured ai fair valuÈ thr￿ wofit wloss
Flnandal assets measured alam0￿Sed c
Financialltsibllittes rnea￿red at amOrt￿ cost
I3,0￿,1{
263.847
14.248,925
274.094
11915661
Flnanc131 as￿5 measured ai farvalue through wofit or loss compr15e5qUOted invÈstmeThts held as al 31 Decern￿r 2022 (note 121.
FinaKial assets meayjred atarnorU5ed c05r comprises to￿ ornt assets less prepoyrnents andlane Steele loansl£5,461I (note 131.
nancial Ilabiliues ar afftortysed cost CoMprtsesued￿ due in lessthon ￿￿rIe$S accrua1s1Th)￿ 14
2ty Oyratins L•a5• Commitinents
Thecharitys fvtwe minimurn lease PaYr￿are a5fdlty*
Operatyng leases￿1￿ e4*re:
thin oneyear
Between one and fNe)wrs
Land and buildinB¥
2022Total
2021 Total
31.(￿3
31.063
63A21
Othgr
2022Total
2021 Total
Within one year
1115
1300
1115
21. R•lat•d PartyTransactiowYs
There We￿ no tranSactioTrs￿ lJd een Homesand no transactrffis In the
Nore 12 pro¥fdes more inforynaiim regardkngthe rthtionship beM*en Ne%whid Benthrlent Trjnd and Cld Ben Home
During theyear the armunt re￿fved from Tn&ee5aThJ asS￿la￿ idated panie5 ￿K￿ntedt0 £SIIK13(2021 . £3.(KKI
Rep>ta)22 31

21 M•mb•rf Liability
Ne%￿AId Benevolent Fund Ls a companylimithd tyguaranrec kn the e4rntof a *irK*N8vp, the Iwbiltyofeach memberldlrettorl Is
IlmlrEd to£1.
23. R•concitt•won of n•t mov•m•nt in fvndsld•bt and n•t mov•rntin
funds ¢0 n•t Cash Ilow from op•r•wn8 a(tiviti•5
At th• stsrt
of th• y•ar
At th• end
of tha year
al n•t m0￿M￿nt in fundsld(tbt
Cash at bankartd in hand
N*t lunds
177.CI17
1TI.007
(9,277)
1927T)
167.730
167.730
XQzT0￿ 20X Total
bl ￿et￿￿ernent in fvnds to net flowfrom operatingxtsVi￿•s
Net rnovement in fund5
Add backdepreciatk>n char8e
Add back profit on d15POsal of InvesEn
less unWI￿dI05￿{goin> on 1ftve5trn￿ts
Interest Income shryèm in ins*stin8athiDes
Decrease ￿ cash hejd at Inves￿nE managu5
Decrease in debtors
Increasel(Oecreasel in crerfrtors
N•t ttssh providgd by op•r4tinB •thi¢WS
(121S69111
1.381A51
7.106
(2.5951
11,117.3981
(349,5431
4A23
2,733
139.3911
{1132141
P.%91
1543,659
1413.3431
1414361
34,675
189.3241
32 Am￿Rep¢￿2023

Patrons. Officers
and Trustees
Patron:
The Wiscount Rothermere
Board of T￿￿tee5.
Chair
Mike Mirams (Publishlng),
Traty CYSullNan IDistributlon) (Elected ju￿ 20221
PresldenL'
Murdoch MacLennan
Colln Aetcher (Retsil}
Parin Gohil (Publishing) {appolnted May 20221
Dawd Holliday (Publishing) Iresignedjuty 20221
Adrian Hughes (Distribution)
Ingridjones IDistributson}
Shaunjones (Publishing)
Paul Latham (Wholesale)
lan Nisbet Iwholesale)
ene Sfvestre (Publishing)
Richard Webb (Wholesale)
Chlef Executlve Officer.
NeilJa￿er
Operatlons Dlrertor.
Tom Ri)dger
Flnanclal Controller.
Laura Grice
Engagement & Communlcatlons
Manager & EA to the CEO:
ndsay Rule
Welfare Manager.
Sinead Flood
Deputy Welfare Manager.
Katle Babooram
Welfare Officer & Marketlns Asslstant:
Frankle Gabbanl
"l M,ould like lo thank you for
Ihe Winier C,omforl Gran( M hich
I receiwed Ihis morning. Obiiiously
il is mosi welcome as my Oil Iiealing
bill h&$ risen by almosl l(KW/o since
lasl year bul M iih your granl I will
be able lo use the heallng niore than
I had expecled to Ihis winler.
So once again manyi many
Ilianks."
Admlnistratlon Asslstant
Georgla Cannon
Vlce-Presldents".
David Mackay
Rupert Murdoch AC

"Il is ofien a challenge lo look
ror Ilie posi(iN'es in Ilic currenl
climale and jusl knowing Ihal
there are manv ￿pIC such as
yoiirselTres conlinuing lo work
hard lo keep our spirils up and
offering excellent advice means
more Ihan I can sav."
"Thank you for Ihe granl
you have given lo help us
M iih our energy cosls. We
reel very sorry for (hose
M ho do nol have friends
like Nem strAid."
"The winler comforl gran( was
a lovely surprise and il will
definitely allei,"iate some M'orries
I have aEx)ul the coming winter.
Thank you 10 everyone"
"To everyone at Ne14.slr.lid - you
haie come up Irumps again -
M'hal a Monderful surprise lo
receiNe Ihe £2.iO. Yoii reallv are so
imwrianl lo us. Thank you so
much."
"Your kindne&s and
generosily mean so much
and is so gralefully rcfeiTred.
You reallv are amaLing and
so Ihoughiful and
wonderful lo u&"
-Thank you so mueh for Ihe
monies paid inlo my bank - l am
very graleful for Ihis as Ihe gas
and eleclric bills are going up.
The money M'ill help lo pay my
healing bill. I really appreciale
all your help."
hank vou so much for Ihe money• It helps a loi at
Christhias. This year I've been able lo buv nem. clollies and
some presenis for Ihe family. l Miill also be able lo have the
heating on a lol more so Ihank you so much again."

Auditors
Price galley LLP
Causeway House. 1 Dane StreeL Bisho￿5 Stortford, Herts CM23 3BT
Solicitors
Withers LLP
20 Old Bailey, London
EC4M 7EG
Tees Law
Stonebridge House. Stonebridge Walk
High StreeL Chelmsford, Essex CM1 1 EY
Investment Fund Managers
Rathbone Investment Management Ltd
8 Finsbury Circus, London EC2M 7AZ
Bankers
Barclay5 Bank PIC
14 High StreeL Great Dunmow. Essex CM6 1AA

NewstrAide
The helpinghand ofthe Newstrade
Reglstered Office:
Suite 2 Thremhall Estate, Stsrt Hill, Bishop's Stortford CM22 7fD
Tel: 01279 879569 Email: mail@newstraid.org.uk
li ii'ii'.neii'straid.org.iik' l.reL, HL'lI)line: QS()11911 8616
000
wMv.tsobooLwftvnewthraid.benEvolenrfund
Atter.cornlN£wstrAJd
*My.Insrègram.cem@N￿Ira￿d_
vJw.lthk£dln.wrnl<tmpanylne*straldthnevolert.fund
Chadty Reglstrallon NuThber l 116824 CompanyReyiration Number. 05973987
Scotdsh Charlty Number SC038775