REGISTERED CHARITY NUMBER: 1127497
Report of the Trustees and
Financial Statements for the Year Ended 27 September 2025
for
The Starr Trust
Style and Silver Bank House Southwick Square Southwick West Sussex BN42 4FN
The Starr Trust
Contents of the Financial Statements for the Year Ended 27 September 2025
| Page | |
|---|---|
| Report of the Trustees | 1 to 3 |
| Independent Examiner's Report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 |
| Notes to the Financial Statements | 7 to 12 |
| Detailed Statement of Financial Activities | 13 to 14 |
The Starr Trust
Report of the Trustees for the Year Ended 27 September 2025
The trustees present their report with the financial statements of the charity for the year ended 27 September 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
History, Objectives and Activities
The charity was registered on 13th January 2009. In 2013 the charity was rebranded as the Starr Trust.
The aim of the Starr Trust is to remove roadblocks for young people and help them achieve their goals. We do this by giving out financial grants and offering mentoring opportunities.
We are an independent, family run charity, based in the BN postcode area of the UK, which supports young people aged 10 - 25 to fulfil their potential in sports, arts and education at a time when they really need it.
We provide:
Financial Awards - financial grants of up to £5,000 for individual young people and up to £10,000 for specific projects.
We support young people living in the Greater Brighton area of the UK as well as national and international projects as long as there is a link to Greater Brighton.
We do this through local fundraising, events, creating local networks of mentors and other interested professionals, providing opportunities for training and skills sharing and connecting communities locally and around the world.
We aim to encourage independent thinking, entrepreneurship and a social conscience in young people through all our activities.
We believe in a world in which young people are supported to achieve their fullest potential; where they flourish as individuals whilst making a positive contribution to their community and in turn are recognised for their achievements. We rely on the energy and generosity of all our supporters and guarantee to turn their donation into an amazing opportunity for a local person.
A list of all our Young Starrs can be found at http://www.starrtrust.org
Page 1
The Starr Trust
Report of the Trustees for the Year Ended 27 September 2025
ACHIEVEMENTS AND PERFORMANCE
Charitable activities
It has been another strong year for the Starr Trust. Unlike a business, where success is measured in profits, our measure of a "good year" is how many lives we have been able to support and this year, despite national financial challenges and a deliberate reduction in the number of events we hosted, we still raised enough to fund multiple applications every month. That is a lot of lives changed for the better and a lot of inspiration shared.
I remain deeply grateful to our incredible office team, our dedicated Board of Trustees, and our tireless Funding Team. Their commitment never wavers. I also want to thank our supporters - both individuals and companies - who continue to choose us even with so many charities competing for attention.
Thank you to everyone who gives their time, energy, and support to the Starr Trust. And well done to every single young person who not only reached out for help but then put everything into becoming the very best version of themselves.
FUTURE PLANS
Looking ahead our plan is to continue with fewer events and focus even more on helping the young people who reach out to us. To do this we will need the continued support of our existing sponsors and to welcome new ones to our cause. With their help we can keep funding applications every month and make a real difference.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust dated 3rd November 2008, and constitutes an unincorporated charity.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1127497
Principal address
Verulam House 142 Old Shoreham Road Hove East Sussex BN3 7BD
Trustees
R L Starr MBE D Abrahams M Jacobs R Bates R Silver Ms C Webster
Page 2
The Starr Trust
Report of the Trustees
for the Year Ended 27 September 2025
REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner Style and Silver Bank House Southwick Square Southwick West Sussex BN42 4FN
Approved by order of the board of trustees on 26 June 2026 and signed on its behalf by:
R L Starr MBE - Trustee
Page 3
Independent Examiner's Report to the Trustees of The Starr Trust
Independent examiner's report to the trustees of The Starr Trust
I report to the charity trustees on my examination of the accounts of The Starr Trust (the Trust) for the year ended 27 September 2025.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 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's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Kevin Byrne
Style and Silver Bank House Southwick Square Southwick West Sussex BN42 4FN
26 June 2026
Page 4
The Starr Trust
Statement of Financial Activities for the Year Ended 27 September 2025
| 27.9.25 Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 121,176 Other trading activities 2 46,013 Investment income 3 2,045 Total 169,234 EXPENDITURE ON Raising funds 83,731 Other 2,311 Total 86,042 NET INCOME/(EXPENDITURE) 33,031 RECONCILIATION OF FUNDS Total funds brought forward 23,158 TOTAL FUNDS CARRIED FORWARD 56,189 Grants paid out (50,161) |
27.9.24 Total funds £ 28,029 146,885 - 174,914 126,476 3,140 129,616 (59,834) 82,992 23,158 (105,132) |
|---|---|
The notes form part of these financial statements
Page 5
The Starr Trust
Balance Sheet
27 September 2025
| 27.9.25 Unrestricted fund Notes £ CURRENT ASSETS Debtors 7 2,466 Cash at bank and in hand 105,004 107,470 CREDITORS Amounts falling due within one year 8 (51,281) NET CURRENT ASSETS 56,189 TOTAL ASSETS LESS CURRENT LIABILITIES 56,189 NET ASSETS 56,189 FUNDS 9 Unrestricted funds 56,189 TOTAL FUNDS 56,189 |
27.9.24 Total funds £ 9,532 82,573 92,105 (68,947) 23,158 23,158 23,158 23,158 23,158 |
|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 26 June 2026 and were signed on its behalf by:
R L Starr MBE - Trustee
The notes form part of these financial statements
Page 6
The Starr Trust
Notes to the Financial Statements for the Year Ended 27 September 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial 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) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial 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.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is 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 accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Pension costs and other post-retirement benefits
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
continued...
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The Starr Trust
Notes to the Financial Statements - continued
for the Year Ended 27 September 2025
2. OTHER TRADING ACTIVITIES
| 2. OTHER TRADING ACTIVITIES |
||
|---|---|---|
| Fundraising events Sponsorships Collections 3. INVESTMENT INCOME Deposit account interest |
27.9.25 £ 39,838 5,750 425 46,013 27.9.25 £ 2,045 |
27.9.24 £ 142,562 1,500 2,823 |
| 146,885 | ||
| 27.9.24 £ - |
4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 27 September 2025 nor for the year ended 27 September 2024.
Trustees' expenses
There were no trustees' expenses paid for the year ended 27 September 2025 nor for the year ended 27 September 2024.
5. STAFF COSTS
The average monthly number of employees during the year was as follows:
| 27.9.25 | 27.9.24 | |
|---|---|---|
| Employees | 6 | 6 |
No employees received emoluments in excess of £60,000.
continued...
Page 8
The Starr Trust
Notes to the Financial Statements - continued
for the Year Ended 27 September 2025
6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted | |
|---|---|
| fund | |
| £ | |
| INCOME AND ENDOWMENTS FROM | |
| Donations and legacies | 28,029 |
| Other trading activities | 146,885 |
| Total | 174,914 |
| EXPENDITURE ON | |
| Raising funds | 126,476 |
| Other | 3,140 |
| Total | 129,616 |
| Grants paid out | (105,132) |
| NET INCOME/(EXPENDITURE) | (59,834) |
| RECONCILIATION OF FUNDS | |
| Total funds brought forward | 82,992 |
| TOTAL FUNDS CARRIED FORWARD | 23,158 |
continued...
Page 9
The Starr Trust
Notes to the Financial Statements - continued
| Notes to the Financial Statements- continued | ||
|---|---|---|
| for the Year Ended 27 September 2025 7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Corporate Donation Debtors Other debtors Tax Prepayments 8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade creditors Taxation and social security Other creditors 9. MOVEMENT IN FUNDS At 28.9.24 £ Unrestricted funds General fund 23,158 TOTAL FUNDS 23,158 Net movement in funds, included in the above are as follows: £ £ Unrestricted funds General fund 169,234 (86,042) TOTAL FUNDS 169,234 (86,042) Incoming Resources resources expended |
27.9.25 £ 1,910 - - 556 2,466 27.9.25 £ 51,281 - - 51,281 Net movement in funds £ 33,031 33,031 £ (50,161) (50,161) Grants paid out |
27.9.24 £ 8,080 994 458 - 9,532 27.9.24 £ 66,434 1,562 951 68,947 At 27.9.25 £ 56,189 56,189 £ 33,031 Movement in funds |
| 33,031 |
continued...
Page 10
The Starr Trust
Notes to the Financial Statements - continued
for the Year Ended 27 September 2025
9. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| At 28.9.23 £ Unrestricted funds General fund 82,992 TOTAL FUNDS 82,992 Comparative net movement in funds, included in the above are as follows: £ £ Unrestricted funds General fund 174,914 (129,616) TOTAL FUNDS 174,914 (129,616) Incoming Resources resources expended |
Net movement in funds £ (59,834) (59,834) £ (105,132) (105,132) Grants paid out |
At 27.9.24 £ 23,158 23,158 £ (59,834) (59,834) Movement in funds |
|---|---|---|
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Net At movement 28.9.23 in funds £ £ 82,992 (26,803) 82,992 (26,803) |
At 27.9.25 £ 56,189 |
|---|---|---|
| 56,189 |
continued...
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The Starr Trust
for the Year Ended 27 September 2025
Notes to the Financial Statements - continued
9. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
£ 344,148 344,148 Incoming resources |
£ (215,658) (215,658) Resources expended |
£ (155,293) (155,293) Grants paid out |
£ (26,803) (26,803) Movement in funds |
|---|---|---|---|---|
10. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 27 September 2025.
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The Starr Trust
Detailed Statement of Financial Activities for the Year Ended 27 September 2025
| Detailed Statement of Financial Activities for the Year Ended 27 September 2025 |
||
|---|---|---|
| 27.9.25 | 27.9.24 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Gift aid | 414 | 458 |
| Donations | 120,762 | 27,571 |
| 121,176 | 28,029 | |
| Other trading activities | ||
| Fundraising events | 39,838 | 142,562 |
| Sponsorships | 5,750 | 1,500 |
| Collections | 425 | 2,823 |
| 46,013 | 146,885 | |
| Investment income | ||
| Deposit account interest | 2,045 | - |
| Total incoming resources | 169,234 | 174,914 |
| EXPENDITURE | ||
| Raising donations and legacies | ||
| Wages | 43,517 | 60,820 |
| Pensions and healthcare | 374 | 824 |
| 43,891 | 61,644 | |
| Other trading activities | ||
| Fund raising events costs | 39,840 | 64,832 |
| Support costs | ||
| Management | ||
| Insurance | 524 | 507 |
| Licences and subscriptions | 783 | 861 |
| Computer costs | 304 | 479 |
| Postage and stationery | 620 | 959 |
| Advertising | - | 207 |
| 2,231 | 3,013 |
This page does not form part of the statutory financial statements
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The Starr Trust
Detailed Statement of Financial Activities
for the Year Ended 27 September 2025
| Detailed Statement of Financial Activities for the Year Ended 27 September 2025 |
||
|---|---|---|
| 27.9.25 | 27.9.24 | |
| £ | £ | |
| Management | ||
| Finance | ||
| Bank charges | 80 | 127 |
| Total resources expended | 86,042 | 129,616 |
| Net income beforedistribution grants | 83,192 | 45,298 |
| Distribution grants | (50,161) | (105,132) |
| Net income/(expenditure) | 33,031 | (59,834) |
This page does not form part of the statutory financial statements
Page 14