Star Community Foundation (A Company Limited by Guarantee) Trustees, Report and Financial Statements Year ended 31 August 2025 Charity Registration Number: 1140511 (England and Walesl Company Rewstraiion Number: 07514472 IEnBland and Walesl 11111111 "AF31GVUR' 2e40&2026 COMPANIES HIXISE A16
Contents Pa8e Refence and Administrative Detzils Trustee5' Anrwl Report Independent Examiners. Report Statement of Trnantial ALtivities incorporating Income & Expenditure Account Balance Sheet io li Statement of Cash Flows 12 Notes tothe Financial Statements. Incorporati.. Statement of Accnting Polities 13-14 Other Notes to the FInala15t3IeMents 15-21 StarCommunityFoundatiDn TruMee¥ RÈptstartd FIna11StateMnt5 P4Be l of 21
Star Community Foundation Reference and Admintstrative Details For the Year Ended 31 August 2025 Company Name Community Foundation Ifonnedy known a5 Shine Charity) Charity Registration Number 1140511 IEngland and Wale51 Company Registration Number 07514472 IEn8land and Wales) Directors and Trustees F3i1urrehman Hassan Sir Hamid Patel CBE 15mail Adam Mohmed Hanil Sufi Prinupal and Registered Offi Shadsworth Road Bladcburn Lancashire BI 2HT Accountants Menzies LLP The Beehive. tions Drive Shadsworth Business Park Blackburn Lancashire BBI 2QS Bankers U¢)yd5 Bank Church Street glackbum Lancashire BB2 IJQ Solicitors Hill Dickinson I St Paul's Square "verpool Merseyside L3 95J Star C¢mrnunity FoundatKJn Trustees. Report351Th8ts?l51aternertS Pa8e 2of 21
Star Community Foundation Trustees, Annual Report For the Year Ended 31 August 2025 The Trustees (who are also direttors of Stsr Community Foundation. hereafr referred to as Star Community Foundation. forthe purpose of tompany lawl present their annual reporttogetherwith the financial statements for the year ended 31 Au8USt 2025 and confimi that they comply wirh the requirements of the Companies Act 2(K)6, the Charities Att 2011 and the Finanoal Reporrin8 Standard applicable in the UK and Republit of Ireland IFRS 1021 (Charityes SORP IFRS 10211. An independent review of the financial statements has been undertaken. and no material issue5 have been raised. The Trustee5 have formally approved the Financial Ststements and Letter of Representation. Structure. Governance and Managernent The organisation 15 a charitable companyllirnited byguaranteel. incorporated on 2 February 2011 and re8lStered as a charity on 21 February 2011. The charity became operational on l March 2012. The company wa5 established under a Mernorandum of A5SOCi?tion which established the objects and powers of the charitable company and is governed under its Article5 of As500ation. In the event of the tomparny being wound up. eath Company Member undertake5 to contribute to the assets of the company such amounts as may be quid. not exceeding one pound. The company was estsblished by Light Trust Icharity Re8 No.. 1140510, Company No: 074967441. Trustees are appointed by the Board of Trustees ol the Light Trust on the recommendation of the existing Trustees of the Star Community Foundation. New Trustees are required to undertake an indurtion programme to gain an understsr¢ding of the vision and proce5se5 of the charity. Star Communitie5 15 a registered working name of Stsr Community Foundation. Itdoe5 not constitute a separate legal entity. Organisational Strurture The Board ol Trustees of the charity is responsible forthe strategic direction ofthe tharity. The Board meets on termly ba51S to discuss the activities of the charity. The Trustees receive no remuneration or other financial benefits. The charity rnabntains a register of business interests. The Board ol Trustee5 IS supported by a small team of office be3r5 for the day to day running of the tharity- The charity also ha5 a network of dedicated volunteers from across the Star Academie5 network. Arrangements for setting pay and remuneration Star Community Foundation does not employ staff and therefore has no arrangements for settiNg pay and remuneratyon. The day-to43y running and administration of the charity are managed by volunteers. Where programme activity is delivered in schools, 5UPPOrt is provided by staff employed by Star Academles or indNidual schools. with funding provided directly tts those $th£1$ by lunders where appropriate. The Trustees keep the chariws future resourtin8 and delivery model under reeW a5 its 3Ctivitie5 and Strategic priorities develop. StarComrnutyF0u4D0 Tw5tee5' Report nanCial$teents Pale a of 21
Star Community Foundation Trusteeg Annual Report For the Year Ended 31 August 2025 Objectives and Activities About Us star cmmunitieS creates opportunities that transform lives. Woiking with families and young people. we remove barriers, strengthen resilience and empower comrnuntties to thrive- locally. nationally. and globally. Previously known as Shine Charity. the organisation was fovnded in 2011 to empoweryoung people across Star Academies throu8h social action. and to generate funding for humanitarian causes acTOSS the globe. In recent vears, the challenges facing communities around Starschos have grown in both scale and corllplexity. In light of this, we've feimagined our purpose, strengthened its operating Model. and renewed its commitment to the families, youn8 people and communities connected to Star schools. Our charitable objective5 have been revised to reflect this renewed purpose. The revised objectives were approved by the Trustees during the year are fully consistent vrith the charity's existing focus on education. poverty alleviation and public benefit. Star Communities wll work in dose partnership with Star Academ¢es. sharing the same values and a joint commitment to improvin8 lile chances. Together. theyfomi a united family.. StarAcademies delivers exceptional edUtIOn through its schools, while Stsr Communities invests in and empowers the families and communitie5 connected tLI those schools. Stai Community Foundation will continue to operate independently of Star Academie5. Wlth separate governance and finances, and collaborate closely to maximise public benefit and cornrnunity impact. Our mission, vi5i0n and values Our m155ion is to ueate opportunities that transfonn lives. Workin8 Wlth families and young people, we remove barriers. strengthen fesilience and empower communitie5 to thrive- locally. nationally* and globally. Our vision is a futufewhere every thild thrives and every community is empowered- free from poverty and full of oppwtunity. Our values guide what we and how we work wth others". SeThice- We act with compassion and urgency to meet needs and deliver lasting change. Teomwork- We work together- schools. families. and communities- to achieve more than we could alone. Ambition community. Respett- We value every petson and every communtty we serve and puttheirVte at the heart ol our work. We strive to remove barrier5 and create opportunities with every thild and every Our approa¢h and impact Our work 15 8uided by our Strategic pillar5. eath rellerting our commitsnentto prartical support, empowern)ent, and sustained thange. We are proud to have lèid the foundations for large-scale. lon8-term impact with our communtties. Pillor IJ Storcommunity Hub5 At the heart of Stsf Communities, work are Star Community Hubs- vibrant centres of civic lile embeLlded in every Star school. These Hubs provide financial and material support, connett families to local services and create opporrunities for young people to lead and grow. This programme.. Provides INing essentia15 through food bank5. uniform support and material aid. Connects families to vital services anij support networks. Empowers young people through volunteeTin& enrichmp.nt and qpcial Ktion. Starcommunlty Foundation Trusree5' Aeportand Finahoal Statemenrs pe10f21
Star Community Foundation Trustees, Annual Report Forthe Year Ended 31 August 2025 Workin8 in partnership with Star Academies and with the sUPPOrt of philanthropic partners. this flagship programme has been established across all Star Academies, sthools. We now have a trust-wide network of Community Hubs. led by Hub Leads who have developed activity acros5 our three priority areas and, in manv cases, have created trusted and thriving centres ol support within their local communities. M05t schools now offer free breakfast clubs. run food banks and operate uniform recycling schemes. Many 5choo15 h05t local service5 on site and deliver a range of targeted 5UPPOrtto parent5 and carers. In some schools, Hub Leads have built strong strategic relationships with relevarrt stètvtory and voluntary service5. lor example local authority early help team Durin8 the year, Community Hubs across the Star ne)rk supported families fèang hardship through the provision of food. essential household items. unrforms and other livrng essentials. Thou5and5 of rneals and gifts were distributed through school-basetl hubs. particularlydurin8 periods of ècute need such aswinterand school holidays. This practical support has helped families maintain stability, dignity and wellbeing at time5 of financial pressure. Alongside this direct supporL young people acrgss multiple Star schools were actively engaged in volunteerin& fundraisin8 and enrichment attivity through the Community Hubs. Pupils have led fundraising events. volunteered in food banks and taken on leadership roles. helping to build a culture of philanthropy and attive citizenship and empowering young people to take ownership of community projects. In Birrningharn and the NorthwE5t. the charity has worked with philanthropists to launch two re8ional Enrichment Academie5 in STEM and perfomiin8 arts. These Academies provide opportunitie5 for young people to try new attivities, develop skills and confidence. and access enrichin8 experiences both during and outside the school day that would othenlSe be of reach. Star Community Foundation plays a central role in desi8nin& coordinating and supportin8 the Community Hub model across the trust. However. reflecting the school-based nature of delivery. a significant proportion of funding for Hub actiwtie5 has been provided directly byfunders to StarAcademies and individual schools. rather than pa5sin8 throu8h the Chari5 accounts. This approth enable5 le5our5 to be deployed quickly and effectively at local level. while the charity focLW on strategic leadership. partnership development and system-wide impact. Pillor 21StorOpportunityondHordship Funds The charity funds and manages national fvnd5. accessible through Starcommunity Hubs.. The Star Opportunity Fund that 5UPPOrts individua15 or 8fOUP5 of Star pupils or alumni to realise their potential The Star Har<tship Fund to support families and pupiL% who a in rteed. We have provided living essentials such as bedding and furniture. and provided families wrth days out ttsgethei and Christmas gifts. The impatt of this support goes beyond the material help - it piomotes trus( belonging and solidarity. Duringthe year. 5UPPOrtthrough the5efunds ha5 indvded the provision of INing essentials to numberof families and members of the wider Star community who have been supported at times of acute need. Pillur3J Mobiltsin9 humoniturionfvndroising ond community resportse When crises strike- locally. nationally. orglobally-we empower our communities to spOnd. During the vear. pupils, families and school communities en8a8ed in charitable responses to a range of emergencv situation5 through volunteering and fundraising activity- We= Mobilise pupil. pallt and community volunteers and resour in respSe to local emer8encies. such as flooding or inodents affecting l¢Kal communities. Lead fundraising camp318ns for emergencies. working with tTUSted charitsble partners tosupport relief efforts ar¢d inspire a 5en5e of atizenship. Starcomrnwlty Foundatb)n Trustees. Aeport aTrJ FlrorKlal StatemeNs Pay5of21
Star Community Foundation Trusteeg Annual Report For the Year Ended 31 August 2025 Fundraising is not just about the funds it generates-we believe young people benefit frorn taknng action in their communities. promoting causes they care about and developir8 thar sense of global otizenship. Pillar 4J System-levelimport This pillar underpins 311 of ourwork. We a committed to achievin8 Svstem-wide impact. sothat every child and family acr05S the country has actess to thesupport and opportunitiesthey need tothriveand live in communities they are proud of. The charity.. Invests in evaluatTrtin and learninL so that we can demonstrate the impart of our wod¢, leam from what work5 best. and collaborate with partners to support the development and 8rowth of Community Hubs nationally. Supports SYStem-we research and ad¥ocxy. helpin8 to ensvre that the wider system works better for families and young people facing disadvantsge. During the year. the tharity worked with Star Acèdemies and philanthropic parmers to support the Inquiry into White Working-class Educational Outcomes. The Inquiry has undertaken Comphen$1¥e earch wirh communitie5. experts and Schools and will publish its fkndin8s in Summer 2026, settin8 Out practical recommendations to diive meaningful and lastin8 chan8e for a group of young people who have been underserved fortoo long. Star Community Foundation's role in ihis work has been to support strategic collaboration. engagement and learning. Funding lor the Inquiry was provided direttl to Star Academies rather than throu8h the charitys accounts. reflecting the schLKJI-led nature of the research and delivery. Throu8h this work. the charity is contributin8 to evidence4ed approaches that strengthen practi. infomi policy and improve outcomes for childrn and families beyo1 the immediate Sr network. Future Plan5 The charity has an ambitlOU5 V15ion- to create opportunities that chan8e lives ècross our commJnities_ As part of our new strategy. we have created an operational plan to tum this ambitious vision into meaningful impact. In the year ahead. this mean5'. Strengthening leudership orjd copocity-" our immediate priority is to strengthen the capaaty to deliver high-quality Star Community Hubs. We will appoint a new expert team to drive the reach and impact across our Hubs, improve operational pro$Se5 and develop our evidence of impact. Enhoncing the Stor Hordship ond Opportunity Funds.. we will launch the Star Opportunity Fund providing resources to support young people to develop skills and take up opportunities to grow- and expand the seale of our Hardship Fund. We will enhance systems and processes to ensure re50urce5 reach those who most need support. Scoping rrjnsformotionol new Infr05trtUre= we will undertake a feasibility study for a Star Depot, which will store and distribute living essentials for Community Hubs and charitsble partner5. We will scope Star CcMMmunities' role in the transformational Star Square developrnent project in Blackbum. where the Charity wll be based and play a key role in drivin8 posity've change for the town. Luunching o new brond ond building our support.- we will launch a new brand and website. showcase and celebrate OLFr communities, and build 3 network of tharitable supporter5. donors and volunteets. OelNery of the plans will be supported throu8h a combinatioTr of funds raised directty by the charity and fundin8 provided by partne¥s and funders, some of whom may chcx)se to support delivery by making grants directly to Star A£ademies or indwidual schooLs. This approach reflects the school-based nature of many activities and prtsvide5 flexibility for fvnders. while enabling the charity to focus on strategic leadership. coordir)ation and the scalin8 of eflectwe models. Statcommunity Foundai)n Trustees. Reportand FinancialStèteNnts Paee 60121
Star Community Foundation Trustees, Annual Report For the Year Ended 31 August 2025 Where the ¢harity operates The charity operates internationally- however. the trustees have decided to refocus its work primarily on En8land. While there will continue to be some emergency-related activity overseas. the majority oFthe charl5 efforts will now be concentrated on towns and oties in England where Star schools are l(Kated. Risk Management A review of the external and internal risks the tharity faces is condurted on a regular basis. The tharity ha5 developed systems and processes to miligate these risks. The charity has developed a comprehensive risk re8tster. Internal risks are managed through segregation of duries and checking procedures. The charity has developed a thorough due diligence and quality assurance framework that are regularly reviewed. TheTrustees ale fully appraised at Board meetings also between meetings of any issues that impact on the management of Financlal Revlew The chariws principal sources of income are Indldal donorsand or8anisationswho respond toourcampaign5. Durin8 the financial year. the total income of the charity amounted to £299.604 12024.. E651,6491. Total expenditu durin8 the current yearwas £266.19312024.. £649.8651. The charity had a net surplu5 of £33.41112024-. net Surplus of £1.7841 for the year ended 31 Au8USt 2025. Total funds carried forward at 31 August 2025 amounted to £234.406. 01 which £67.910 are restricted funds and £166,496 are unrestricted funds. Our overall objective in relation to fvndraising was to maximise the amount of voluntary intome. The Trustees ensured that the overhead and administrdtioTh costs were low. Investment Pollcy The Investment Policyof theTrusteesistokeep itsfunds in 81$tedtsankSIfi the UK and Ovea5.TheTYUsteeS have the power to invest in such projects as they see fit. Volunteers The charity benefits from the v0luntsryseN ofthe Board ofTrustees, employee5 of St3r Academie5 schools. and members of the wider Star community. induding parents. alumni and volunteers SUPkN)rtln8 school-based cLmnIty Hub activity. No char8e is made for these service5. Reserves Policy The charity held vnrestritted reserve$131$0 referred to as general free reserves) at 31 August 2025 of £166,496 12024-. £131.8061. In addition, the charity held £67.91012024.. £69,189) of restritted reserve5, which will be utilised in delivering charitable projects in line with funders. intentions. The Trustees recognise the need to hold sufficient reseryes to prowde finanoal resilience and to protert the rhariWs toreaEtivities in theevent of UnfoSeen circumstances. TheTwstees h3ve38reed a targeted minimum reserves level of £IO.(KXI. which bs reviewed annually. The Trustees are satisfied that the charityhold5 sufficient reserves for this purpose. In addititsn, the Twstees have deliberntely retaned a higher level of unrestrieted iesetye5 durin8 the year to support the implementation of the charity's new strate8y. As the tharity transitions to a more Strategic role focused on leadership. coordination. system development and the scaling of Community Hubs. unrestricted reserves provide essential flexibility to invest in organisational capacity. strengthen systems and processes, and develop evidence of impact before tommittingfunds to long-term expenditure. StarCoMnIty Foundatbjn Trustee< Report andFlnandal siaien*rt5 Pale7 of 21
Star Community Foundation Trustees. Annual Report For the Year Ended 31 AuEust 2025 The Trustee5 a150 note that a significant proportion of programme delivery. particularly school-based activity. is funded through restricted 8rants or through fundingprovided directly by partnersand funder5 to StarAcadernies and individual Schools. In this context. unrestritted reserves Ènable the charity to fulfil its strategic and enabling role effectively. 5UPPOrt pèrtr)ership wothng and respry)d flexibly to emer8in8 need. while ensuring the charity remains financially 5UStainable. The Trustees will continue to keep the level ol reserves underattive wiew as the chariVs artivities. scale and risk profile evolve. Responsibilitie5 Qf the Trustees The trustees (who are also directors of Star Community Fourtdatit for the purpose of company lawl ar ponsible for preparing the Trustees. Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Stsndards (United frngdom Generally Accepted Accountin8 Practicel. Company law require5 the Trustees to prepare fin3nu31 statements for each financial year which gives a twe and fair view of the state of affairs of the charitable company and of the ineoming resources and applitstion of sources. including the income and expenditure. of the charitable company for that period. In preparin8 those rinancial statements. the Trustees are required to.. selert suitable 3ccounting policie5 and then 3pply them cwsistently4 observe the method5 and principles in the Charities 50RP. make judgments alld estimates that are reasonable and prudent.. state whether applicable UK Accounting Standards have been followed. subject to any material departures disclosed and explained in the financial statements. and- prepa the financial statements on the going concem basi5 unless it is inappropn.ate to presume that the company will continue in business. The Trustees are responsible for keeping accounting records which disdose with reèsonable accuracy at any time the finarnoal position of the charitable company and which enable them to ensu that the finanoal 5tements comply th the CompaniesAct 2C¥J6. They are also responsible for safeguarding the a55ets of the charitable companyand hence fortaking reasonable steps forthe prevention and detection of fraud and other irregularities. The trtsstees are responsible for the Maintenan and integrity of the charity and financ¢al information included on the chariWs website. Legislation in the United Kingdom governing the preparation and dissemination of finanoal statements may differ from legislation in other jurisdictions. Public Benefit The Trustees ts)nfirm that they have referred tty the lux1an In the Ch3nty Commtssory'5 gera1 SUIda on Public Benefit when reviewingthe Iharity's3Mns abieEtNe5 and in p1am1 itSfutweaCt5tIe$. hKh is aTrnual wocess. ThLg report hès been prepared in tt prob5bJns relatto smal compw4p5 whln p¥r 15 of the CompBnSEsArt The RepDrtof the Trfee5asappr<1ed on 2026and SI ontheirbeh4ftrf. Failurrehman Hassan Tiy51ee Stai Comrnwity FoundatiDn Trustees. Heportand Finanoal SteMents Pale 801 21
Star Community Foundation Independent Examiners, Report to the Trustee5 of Shine Charity For the Year Ended 31 August 2025 I report to the charity trustees on my examination oFthe accounts ofthe CompanyfoT the year ended 31 August 2025. Responslbllliles and basls of report As the charitys trustees of Star Community Foundation land also its directors for the purposes of company lawl you are responsible for the preparation of the accounts in accordan wth the requirements of the C(•))panies Act 20[ I'the 21J)6 ACYI. Having satisfied myself that the accounts of Star Community Founéation are not required to be audited under Part 16 of the 2006 Acl and are eligible for independent examination. I report in respect of my examination of your charivs accounts as carried out under Section 145 of the Charities Act 20111.the 2011 ACYI. In carrying out my examinatiijn I have followed the Direcbonswven by the ChaiityCommi5sion Urer 5ectioTh 14515) Ibl of the 2011 Acr. Independert examlnerfs thtemeni I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe.. Acctyjnting records were not kept in respect of the Company as required by section 386 of the 2CQ6 Act.. or The accounts do not accord with those records- or The accounts dri notcomplywith the accounting requirements ofsection 396 of the 2( Act other than requirement that the aCCnts give a'true and fair viewwhich is not a matterconsidered as part of an independent examination.. or The accounts have not been prepared in attovdafi with the methods and principles of the Statemert of Recommended Prxtice for accountin8 and portIng by charities lapplicable to tharities preparing their attounts in accordance with ihe Finantial Rel1n8 Standard applicable in the UK and Republic of Ireland IFIiS 10211. I have Tho concerns and have come acr055 no other matters in connertion with the examination to which attention should be drawn in thi5 report in order to enable a proper understanding of the accounts to be reached. Helen Blnns FCA Date: 22 May 2026 Chartefed Accountant Menzies LLP The Beehive, Lions Drive Shadsworth 8usiness Park Blackburn BBI IQS St?rthnrnunityPoundatK T¥ustees' AeptytarO Fin*i 5¢atements Page g of 21
Star Community Foundation Statement of Financial Activities (Incorporating Incorne and Expenditure Account) For the Year Ended 31 August 2025 Unrestritted Restritted Fvnds General Funds Total 2025 Total 2024 INCOME.. Donattons and le8aoes 37.227 262,377 299.604 651.649 Total Income 37,227 262,377 299.604 651,649 EXPENDITURE: Expenditure on charitable attivities 2.537 263.656 266.193 649.865 Toial expenditure 2,537 263.65G 266.193 649,865 Net incomellEMpenditurel 34.690 11.2791 33AII 1,784 Reconclliation of funds Funds brought fon¥ard at I Sept 2024 131.806 69.189 200,995 199.211 Fund5 carried forward at 31 August 2025 166.496 67.910 234.406 2CM),995 There are no gains and losses in either the current period or preceding year other than those recognised in the Statement of Financial Activit5es. The Statement of Finanaal Activities has been prepared on the ba515 that all operations are continuing. siarcommunliv FOnd•tn Trv51ee5' Reportand Financial SlatemEn15 Pa8e Ioof 21
Star Community Foundation Balance Sheet For the Year Ended 31 August 2025 Notts 2025 1025 2024 2024 FIXED ASSErs Tangible Assets CURRENT ASSETS Debtor5 Cash at Bank and in Hand io 581 202,094 236.Cé6 236.086 202,675 CREDITORS Amounts falling Due Within One Year li 11.6801 11,6801 NETCURRENT ASSETS 234.406 200.995 NET ASSEts 234.406 200,995 FUNDS Unrestricted Funds Restricted Funds 12 13 166.496 67,910 131.806 69.189 TOTAL FUNDS 234.406 ZQO,995 For the financial year ended 31 Au8U5t 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2C(6 relating to small companies. Directors, responsibilities.- The member5 have not required the (ornpany to obtain an audtt of its finanoal statements for the year in question in accordance with section 476- The direttors acknowledge their responsibilities for tomplying with the requirements of the Act wtth respea to a¢countyn8 records and the pparatIon of finanoal st*ements. The Financial Statements were approved by the Board of Trustees and authorised for Issue on 22 May 2026. Failurrehman Hassan Trustee Company ffiumber- 07514472 5tarCommurAty Fouallon Trustee5' Report Jnd FinancSJlStstwnEnts P4Be 11 OF21
Star Community Foundation Statement of Cash Flows For the Year Ended 31 August 2025 2025 2024 Notes Cash flows flom operatjng artivities Net income 33,411 L784 33,411 1.784 Working capital adjustmènts Decrease in debtors Oecrease in creditors 581 14401 Net cash flows from operating activities 33.992 1.344 Reconciliation ol net cash thow to movernent in netfunds Cash and cash equivalents at I September2024 202,094 2LKI.750 Cash and c35h equivalents at 31 August 2025 236,086 202,094 StatC¢mmunity FoundatK)n Tru5¢ees' Report andFinantialStstemen Pa8e 12 0121
Star Community Foundation Notes to the Financial Statements For the Year Ended 31 August 2025 l. Accountin8 Policie5 Basis ofAttounting The ftrnantial statements of Star Community Foundation. which is a public benefit entity under FRS 102, have been prepad under the historical cost convention in accoréance with the Financial Reporting Standard Applicable in the UK and Republic of Ireland IFRS 1021. the Accounti and Reportsng by Charities.. Statement of Recommended Practi applicable to charities pparIng their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 Icharities SORP IFRS 10211. the Charities Act 2011 and the Companies Att 21x16. The financial statements are prepared in sterlin& which is the fvnctional currency of the entity. Going Concern The trustees assess whether the use of going concern 15 appropriate i.e. whether there are any rnaterial uncertainties related to events or condition5 that may cast significant doubt on the ability of the company to continue as a g¢in8 t¢tem. The trustees make this a5ses5ment in respect of a period of at least one year from the date of authorisation for issue of the fin3noal ststements and have concluded that the Stsr Communlty Foundation has adequate resources to continue in opeTational existente for the foreseeable luture and there are no material uncertainties about the tharivs ability to continue as a going concern. thus they continue to adopt the goin8 concem basis ofaccountin8 in Pparing the finanoal statements. Fund Accounting Gener31 fund5 are unrestricted fund5 which are available for use at the discretion of the trustees in furtherance of the 8eneral objectivities of the chaiity and which have not been designated for other purposes. Restricted funds ère hjnds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. Grants PayablÈ Grants for which there Is a le8al obl1810n. or a valid expertation of receipt by the beneficiary at the year end, and for which conditions attaching to their payment have been fulfilled, a accounted for within the Statement of Financial ActNities. Incorning Resources Voluntary income comprises of donations which we recogni5ed on a receivable basis. Income tax cOVerable is recognised Whe the is an entitlement. probae receipt and the amount can be meaSUd with sufficient reliability- Other forms of income are recognised in the Statement of Financial ActitieS when the charity ha5 entitlement to the funds. it is probable thatthe income will be reived and can be measured with sufficient reliability. St•rCommunity Fo#t Yfustees. Reportanrt Financo151*trnerts Par 13 of21
Star Community Foundation Notes to the Financial Statements For the Year Ended 31 August 2025 l. Accounting Policies (continued) Resources Expended Expenditure is recognised on an accruals ba9S as a liability is incurred. Expenditu includes VAT and is reported as part of the expenditure to which it lateS.. Costs of generating funds comprise the tosts associated with attracting the intome. Charitable expefiditu comprises those costs incurred by the charity in the delNery of its activities ènd services for its benefioaries. It indudes both costs that can be allocated direcdy to suth activities and those cosis of an indirect Thatu netessary to support them. Grants payable are payments made to third parties in the fvrtherance of the charitable objectives of the company. The grants are attounted for once the offer has been accepted and all obligation5 under the offer complied with. Governance costs include those tosts associated with rneeting the constitutional and statutory requirements of the tharity and indude the audit fees and costs linked to the strategic managernent of the charity_ Svpport costs are apportioned on an approwiate basis e¥. as a percentage of direLt costs. TanEible Fixed As$ets Tangible fixed assets are retorded at C05t. The Trustees have agreed 10 Set the de-minimi5 limit to £l.OC¢J. Depreciation Depreciation has been provitled at the followng rates in order to writtrdown the as5et5 over their estimated useful lives. Computer Equipment 25% straight line Starcommurmty Foundath)n Trustees. RepDrt aTrJ FinaK*l siatÈmèn vale 14 of 21
Star Community Foundation Notes to the Financial Statement5 For the Year Ended 31 August 2025 2. Comparative Statement of Finan¢ial Artiviti¢s Restricted General Funds Unrestritted Funds Total 2024 Notes INCOME: Donations and le8acies 34.610 617.039 651.649 Total Incorne 34.610 617.039 651.649 EXPEN(YTURE.. Expendituie on charitable activities 6.160 643.705 649.865 Total expenditure 6.160 643,705 649A65 Net income/ Iexpendliu} 28.450 126.6661 1.784 Reconciliation of funds Funds brou8ht forward at I Sept 2023 12113 103.356 95.855 199211 Fund5 tarrled fOard at 31 August 2024 131.806 69,189 2LKI.995 3. Voluntary Income - Donatlon5 Total 2025 Total 2024 Unrestricted income Resiritted income 37.227 262.377 34,610 617,039 299.604 651,649 Trustees. Rewrtand Flnancialststements Pa#e of21
Star Community Foundation Notes to the Financial Statements For the Year Ended 31 August 2025 4. Expendlture.. Pro8rammes 2025 Other 2025 Total 2025 Total 2024 Expenditure on charitable artivitres: Direct Projert Costs Poverty and community hubs Hardship and opportunity 77.214 21.346 77.214 21346 2.125 31,574 Emergenoes 76,963 76,963 591,284 Education 88.383 21,597 Total Direct Project Costs 263.906 263, 646.580 Support Costs Telephone Commission and Bank Char8es Independent examiner Fees 58 885 620 1,780 1.620 1.620 Total Support Costs 2.287 2,287 3,28S Total Charitable Artivities 263.906 2,287 266,193 649,865 Expenditvre on charitable attivitie5 Wa5 £263.906 12024= £646.5801 of which £2.537 12024.. £2.8751 was unrestricted and £263.656 was festricted12024.. £643.7051. Total resources exptndtd intlude- Total 2025 Total 2024 Fee5 payable to independent examiner for.. Independent exarllination 1.620 1.780 Stai CoMfflnItyF0UndaÈIjn TYtssteÈs' Reportand FIrth1 Statemehts Pale 16 0121
Star Community Foundation Notes to the Financial Statements For the Year Ended 31 August 2025 5. Grants Payable There were no grants payable at the year-end12024.. £nill. The Charity makes grants to a number of different partner charities after due consideration and cèreful assessment of a particular partner charity. The partner charities are used as an extÈnsion of Star Community Foundation to help further the objectives of the tharity and cèrry oLt spetific chafitable pro8ramrnes under our direcbon. All partner charitie5 are subj'ect to due diligence pr(edUreS and re8ular monitoring and reporting. 6. Staff a. stsff Numbers The average number of persons (including senior mana8ement team) ern0Ved during the year was as follows." 2025 No. 2024 Charitablt Ac1tties Non*xecutiveTfustees b. Highèr Paid Staff There were no employees whose employee benefits lexduding employer penSn costsl exceeded the rate of £60.000 per annum12024.' nil) c. Key management personnel The key mana8ement personnel of the charity comprise the tee5 and the senior management as listed on page 2. The total amount of employee remuneratron received by key mana8ement personnel for their services to the charity was £nil12024= nil). 7. Related Party Tiansaclions- Trustees. remuneratlon and eMpensÈs No Trustee received any remuneration for his services. nor a)y rwmbursement of expenses during the year. Other related party transactions invofvlng the Trustees are set out in note 17. Such transattions are only entered into by the charity after undertaking benchmarkingand careful consideration of the appropriateness of these transaction5. 8. Taxation The income and gain5 of the tharity are exempt from taxation to the extent that they are applied to its charitable objectives. StarCommuthFoundatriJn Trusthes. Reportand FlnarKialStatomenrs page A7 of 21
Star Community Foundation Note5 to the Financial Statements For the Year Ended 31 August 2025 9. Tangible Fixed Assets Cornputer Equipment Total 2025 Cost At I September 2024 Additions Disposals 955 955 At 31 Augvst 2025 955 955 Depreciation At I Septernber 2024 chae in year Disposals 955 955 At 31 August 2025 955 955 Net Book Value At 31 August 2025 At 31 August 2Ct24 10. Debtors 2025 2024 Other debtors S81 11. Credilors: Amounts falllng due within one year 2025 2024 Accruals and deferred Income 1.680 1.680 1.680 1,680 siarcommunty Foundat Twstees. Aeport ind rn8la15tternents Pa82 I8of 21
Star Community Foundation Note5 to the Financial Statements For the Year Ended 31 August 2025 12. Unre5trirted Funds 8alance at i September IrKoming Resource5 2024 Resources Expended Balarnce at 31 Transfers August 2025 General ReseNe 131,806 37.227 12.5371 166,496 Total Unrestricted Fund5 131.806 37.227 12.5371 166.496 UnrestrSrted Funds- previous year Balance at I September Incoming Re50urce5 2023 Resources Expended Balance at 31 Tran5fer5 August 2024 General Reserve 103,356 34.610 16.1601 131.806 Totsl Unrestritted Funds 103.3S6 34.610 16,1601 131.806 Included within incomirw within the general reserve fund are donations for which the donor has not specified a project or a region. The general re5erye will be used to support ongoing projects. where the trustees determine the specific donations do not provide sufficient support. 13. Restrltted Funds 831ance at 31 Incoming Resources August 2024 Reyjurces E¥pended Balance at 31 Transfers August 2025 Emer8enaes Hardship and opportunity Poverty ènd community hubs Education 10.490 20.886 1.335 36.478 77.226 27.391 76.995 80.765 176.9631 123,8461 176.9641 185,8831 10,753 24.431 1.366 31.360 Totsl Re5tilrted Funds 69.189 262.377 1263.6561 67.910 Previous year Balance at 31 IrornIng Resour$ August 2023 Resour Expended Balance at 31 Transfers Avgust 2024 Emer8encie5 Hardship and opportunity Poverty and community hubs Edutaknon 20.977 42.065 1.335 31.478 569.410 1579.8971 31.992 153.1711 2.370 12,3701 13.267 18.2671 10.490 20.886 1,335 36.478 Total Restritted Funds 95.855 617.039 1643.70SI 69,189 Star CommunltyFcundaiKs Trustees. ReportarO FI11$t•teffle$ Page 19 of 21
Star Community Foundation Notes to the Financial Statements For the Year Ended 31 August 2025 14. Analysis of Net Assets between funds Fund balances at 31 Au8USt 2025 are represented by. unstricted General Restrirted Funds Funds Total Funds Tangible fixed 35sets Current assets Current liabilitie5 168.176 11.6801 67,910 236,086 11,6801 Total net 355ets 166.496 67.910 234.406 Analysis of Net Assets between funds- prevlous year Fund balances at 31 Augvst 2024 are presenterf by. Unstrirted General Restricted Funds Fund5 Total Funds Tangible fixed assets Current assets 133.486 IL6801 69,189 202.675 11.6801 Total net assets 131.806 69,189 200.995 IS. Guarantees The company is a company limited by guarantee not having share capital. Every member of the company urndertakes to contribute a sum not exceeding £1 rf the company has insufficient assets to discharge its liabilities in the event of winding up. 16. Ultlmate Controlling Partv The ultimate parent company is Light TrusL a charitable company itKorporated in En8tand and Wale5. 17. Related Party Transartions During the year, the charity received donations of £261.719 from Stsr Academies 12024.. £593.8061, a onnected entity. These donations We generated from the fvndraising activities of the pupils of Star Acadernies. During theyear. the charity hasmade£2.740donations to StarAcademies12024.. £4,265). a connected entity. These donations were paid to Star in relation to purchasin8 food hampers for charitable purposes. Star Cornmunity FOundaTr T¥u5tee5- Report and FInarKl$t•I¥Th•nts 8eZOof2L
Star Community Foundation Notes to the Financial Statements FOT the Year Ended 31 August 2025 18. Analysis of net fund5 At I September 2024 Cash flows At31 August 2025 £0 202,094 202,094 £10 236.086 236,086 Cash at bank and in hand Net funds 33,992 33.992 Analysis of net funds- previous year At l September 2023 Cash flows At31 August 2024 £000 1,344 £000 202,094 202,094 Cash at bank and in hand Net funds 2(KJ.750 2,750 StarComrnLtnity Foundatio Tru5tEe5' Report and Finah¢•lSt•temwts Pa8e 21 of 21