Registsred number: 08536549
Charlty number: 1153928
STAR TRUST (EAST MIDLANDS) LIMITED
(A company Ilmlted by guaraniee)
UNAUDITED
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2020

STAR TRUST (EAST MIDLANDS) uMrrED
(A eompany limited by guarantee)
CONTEKrs
Page
Reference and •dmlnl•trallve datslls of the charity. 113 trustees and 2dvl8er9
Trusloos. roport
Indopondenl 8xamlnel8 roport
Slalomonl ol flnanclal actlvltles
Balance sheot
Not•s to tho tlnanclal statemonts
8-14

STAR TRUST {EAST MIDLANDS) LIMrrED
{A company Ilmited by guarantee)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARtrY. trs TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 OCTOBER 2ty20
Trustses
L Cawdron
S Hampson
S Warren
Company rnglstor
number
08536549
Charlty reglstsred
number
1153928
Registered offk8
Tower House
Lucy Tower Street
Lincoln
LNI 1XW
Comp•ny socretary
S Hampson
Aecountants
Streets LLP
Chartered Accountants
Tower House
Lucy Tower Street
Lincoln
LN1 IXW
Page 1

STAR TRUST (EAST MIDLANDS> LIMITED
(A Company Ilmlted by guarantee)
TRUSTEES. REPORT
FOA THE YEAR ENDED 31 OCTOBER 2020
The trustees present their annual r¢p)rt together with the financial statements of the charity lor Ihe year 1
November 2019 to 31 o￿ober 2020. The trustees confirm Ihal the Annual Report and financial statements ol the
company comply with the current statutory requirements, the requirements of the compaTrVs governing
document and the provisions of tho Slalgmenl ot Recommgnded Practice ISORPI, applicable lo charities
prèparing theii aecounts in accordance wth the Financial Rewrting Standard applicat48 in the UK and Republic
of Ireland IFRS 1021 leffecbv8 1 January 20151 as am&nd8d by Update Bulletin 1 leffective 1 January 20151 arKI
Update Bulletin 2 (effective January 20191.
Since the charty qualilies as small under section 383, the stral8gi¢ report required ol medium and largg
companies under The Companies Act 2006 IStrategK Report and Directorfs Report) Regulations 2013 is not
required.
Structure and govemance
The Star Trust (Easl MKllaTKlsl Umited Is an incorporaled charty establish￿1 under the Articles of Association.
The company is limited ty guarantee and has no share ca￿tal.
The Iruslees during the year and al 31 Octobgr 2020 were..
L Cawdron
S Hampson
S Warren
Trustees will be recwiled as and when requlred by the continulrKJ tnjslees by way of personal invitalron.
The trustees are mlndful ol iheir duties in connection wlh the irKlUCt￿n and trainiro ot new trustees and woukj
lollow the guidelines sgt down by the Charty Commission. New truslg9s wouky be relgrred to the Charity
Commission website. They woukl be given copies of previous period's accounts prior lo Iheir attendance at a
trustees. meoting and the found8rs would provide a bathground brigfing and be availablg to answer any
questions.
The trustees have the a￿'lIty to invest funds as s81 out in the Articl8s of Association.
Oblectlves and actlvllles
Star Trust (East Midlands) Lld i8 a ¢harfty based In the East Mkflands, run by local bu5in&ss owners and
entrepreneurs, which support good causes across Iha region. Using our members, L￿sInesS &xpertise and
commercial initiatNe. we hokl 8venls throughout the y8ar lo raise money for locally-run ¢harities that can often
strugglg Io sgcur9 public donations. simply because they lack the profile ol national organisations.
The trustees sh￿1 hold the capital and income of the trust fund urxjn ITust and makg donations as such
charitable institution or institulions at such lime or limes and in such manners as lo achieve the charity
obj8Ctives.
The Irustees confirm that they have relerred to the guKlance corrtained in the Charity Commission's general
Qusdance on public benefit when r8viewing the chaTty's aims and objectives and in planning future activities and
setting thg grant making policy lor the pgriod.
Grants policy
The Iruslees have a gen9ral policy ol seeking to support local charities which benelti ihe Derbyshire,
Nottinghamshire, Lgtcestafshiro, Lincolnshire arKI Rutland area so lar as possible amhough this is noi an
exclusive policy. The trustees are prepared to consider national appeals if they feel thal these have real merit.
However, generally the trustees would want to see a strong link to the local communities in the East Midlands.
Page 2

STAR TRUST (EAST MIDLANDS) LIMrrED
(A eompany limited by guarantee)
TRUSTEES. REPORT (¢onllnuodl
FOR THE YEAR ENDED 31 OCTOBER 2020
Finan¢l•l revlew and futur• *ctlvltle8
Income in the year amounted lo £102,256 and is almost entirety comprised of I￿kets, pledges, rallle and auction
prweeds from the lundraSslno events held durlrwj the year.
Past and lulure events can be found on our websile. Income is recorded as restricted where events are hekl for
a spe¢ifi¢ caus&.
Detail$ of donations paid are in¢luded in the notes to the accounts. Tho donations were to causes that th8
InJstees lett were worthy of supporting and which fullilled the objecltves of the ¢harty.
Income was exceeded by ￿SOUrceS expended by £30.334. At 31 October 2020 Ihe net assets of the charty
w&r8 £15,079.
This year has been the most drt1￿ul1 experienced by the Charity since in¢eplion dye to lh9 Covid pandemic. Wa
have been unatje to organise any new events due to the restrictions imwsed by the government and so have
not gèn8ral8d any income lor the trading year other than the 2019 Ball which was held before the Covid
pandemic. As an events based charity the par￿emIC has decimated our income stream but with very Itttle
overhead we ar8 in a secure position to continue trading after restrictions are lrfled
We took the decision as a committee lo reduce our reserves lo accommodate exists'ng charlty donations that had
been agr8ed and assist those charities so desperate for funds in these urorecedenled times. As th8re was no
future commitments planned lor events which this reserve is primarily lor wo lell was the correct course ol
action.
Tuatlon
Slaf Twsl (Easl Midlands) Limited is a registered charity and as such is exempt from laxation on tts ir￿rne and
gains to the exlenl that they are appliwj to ils Ch￿ItabLe puryx)ses.
Golng Concwn
After making appropriatg gnquirigs, Ihe Iruslees havg a reasonab￿ expectation that Ihe charity has adequat$
resources to continue in operational existence lor the foreseeable future. For this reason they rontinu? to a¢Jopt
the going concern basis in preparing the financial statements
The Trustees do not beliove the impact of COVID-19 wll materially allecl the going conc8m basis (fiscussed in
the fi'nancial statements. bul are conslanlty monilorlng this with manag8ment ol the charity.
Reserves pollcy
The trustees are commitled to donating the net income of the charty over th8 modium term. The charity
maintains sufficient rgsoNgs lo continue lo operate in the furtherance of ils charit￿e obje¢tives. The tru$l¢¢s
aim lo hokl reserves ol approximately £20,000 once nomial operations can resumè.
Rlsk assgssment
The trusl8es hav8 carried out an overall risk ass&ssmsnt to idonlity the risks associated wrth the operations of
the charity arKI, where appropriate, have introduced controls and safeguards to minimise the ellacts of thos&
risks.
Paae 3

STAR TRUST (EAST MIDLANDS) LIMrrED
(A company Ilmlted by guarantee)
TRUSTEES. REPORT (￿ntInu8d)
FOR THE YEAR ENDED 31 OCTOBER 2tr20
Trusleos. R•sponslbilities Statemfrnt
The trustees Iwho are also directors of Star Trust (East Midlands) Limited lor the purposes ol company lawl are
responsible lor preparing the trustees, report and the tinancial slal8ments in accordance with aN)licable law and
Unrted Kingdom Accounting Standards Iunited Kingdom Gen8rally Accepted Accounting Practice).
Company law requires thè tfustèes to prepare financial statements lor each financial year. Under company law
Ihe trustees must not aFprove the financial statements unless they are salisfied that they give a true and lair view
of the state ol affars ol the charitabl8 company and ol the irtoming resources 8n¢J application ol resourGes,
including the inwm& and exwndilure, of th8 charitable company lor that period. In preparing these financial
statements, the trustees are required lo..
select suitable accounting w1￿1e$ and then apply Ihem consistently.
observe the methods and principtes in the Charities SORP.,
make judgments and accounting estimates th* are reasonable and pwdenl,.
prepare the linaneial slalemenls on the goiro concgm basis unless it is inappropriate to presume that the
charitable company will continue in operation.
The trustees are responsible for keeping adequate accounting records thal are sufficient lo show and explain the
char4table company's transactions and disclose vlth reasonable accuracy at any lime the linanci￿ position ol the
charstable company and enable them to ensure that the financial statements comply Mth the Companies Act
2006. They are also resFY)nsi￿e for safeguarding the assets of the chW1ta￿e company and hence taking
reasonable steps for the prevention and detection ol fraud and other irregularllies.
Small Company Provislons
This report has been prepared in accordancg with thg provisions ap￿¢¢able to companie8 entitled to the small
companies exemption.
This report was appTov&J by the trustees on 13 July 2021 and signed on their behalf by..
S Hampson
Trust80
Page 4

STAR TRUST (EAST MIDLANDS> LIMITEO
{A company limited by guarantse>
INDEPENOENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 OCTOBER 2020
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF STAR TRUST (EAST MIDLANDS} LIMITED
(tho'¢hartty'i
I report to the charty trustees on my examination of the accounts of the charity lor the year 31 October
2020.
This report is made solèly to thè Charity's Irustees, as a body, in accordance with Part 4 01 the Charities
IAccounts and Reportsl Regulations 2008. My work has t¢on undertaken so Ihal I might state lo the chaiitys
trustees those matters l am required to stale to them in an Independent examiner's rgport and for r¢0 olhel
F￿rptsse. To the fullest extent permitted by law. I do not accept or assume responsibilty lo anyone other than the
charity and the charitys trustees. as a body, lor my work or for this report.
RESPONSIBILITIES AND BASIS OF REPORT
As the Irustees ol the charity land its dirgctors for the purposes of company lawl you are responsible lor lh8
preparation ol the accounts in accordan¢g WFth th9 rgquirements ol th& Companios Ad 2006 llhe 20￿ AcY}.
Having satisti80 myself that th6 accounts of the charity are nol required lo be aL￿rted under Part 16 of the 2006
Act and are ellgible for Independent èxamination. I report in respect ol my examination ol the charitys accounts
carried out under section 145 of the Chariligs Act 2011 Ilhe 2011 Ael'l- In CaTh￿ng out my examination I have
lollowed tho Dire¢tions givon by th8 Charity Commission under sg¢lion 14515}Ib) of tho 2011 Act.
INDEPENDENT EXAUINER'S STATEMENT
I have completed my examination. I can conflm that no matters have come to my attention in connection with
the examination giwng mg cause lo believe:
accounting records were not kept in respect of the ¢harity as rgquired by section 386 01 the 2CL16 Act; or
the ac¢ounts do not accord wilh those records; or
the accounts do not comply with the accounting requiremenls of so￿l0n 396 01 the 2006 Act other than
any requirement that the accounts give a 'true and fai¢ view which is not a matter considered as part of
an independent examination- or
the accounts have nol been prepared in accordance the methods and principles of the Statement of
Recommended Practl¢g lor accounting and reporting by chariliès lappli¢ab19 to charities preparing Ih8ir
accounts in accordance wilh tho Financial Repoiknng SlaThJard aF￿￿19 in the UK and Republic of
Ireland (FRS 10211.
I have no concerns and have come across no other matters in connedon with the examination to which
attention should be drawn in lttis report in order to enable a proper underslanding ol the accounts to be reached.
s￿ned.
Dated: 16 July 2021
Robert Anderson FCA
Streets LLP
Tower House
Lucy Tower Slregt
Lincoln
LN1 IXW
Page S

STAR TRUST (EAST MIDLANDS) UMITED
(A company Ilmlted by guarantee)
srATEMENT OF FINANCIAL ACTivmES INCORPORATING INCOME AND EXPENDrruRE Accouwr
FOR THE YEAR ENDED 31 OCTOBER 2020
Unr0Strfcted
lunds
2020
Total
fund$
Total
funds
2019
Noto
INCOME FROM:
Other trading activities..
Fundraising
102.256
11r2.256
184,138
TOTAL INCOME
102,256
102,256
184. 138
EXPENDrruRE ON:
Raising funds
Charitable activities
42,664
89.926
42,664
69,445
95,873
TOTAL EXPENDITURE
132,590
132,590
165,318
NET INCOME I {EXPENDITURE} BEFORE OTHER
RECOGNISED GAINS AND LOSSES
NET MOVEMEKT IN FUNDS
(30,334)
(30,334)
(30,334)
(30,334)
18,820
18,820
RECONCILIATION OF FUNDS:
Total funds broughi fonvard
45,413
45,413
26.593
TOTAL FUNDS CARMeD FORWARD
15,079
15,079
45,413
The notss on pag9s 8 10 14 form part of th9$9 tinancial statem9nls.
Page 6

STAR TRUST (EAST MIDLANDS) LIMrrED
(A company limited by guaratttso}
REGISTERED NUMBER.. 08536549
BALANCE SHE
AS AT 31 OCTOBER 2020
2020
2019
Nota
CURRENT ASSETS
Debtors
Cash at bank and in hand
50, 703
46.416
11100
17,196
97,119
CREDITORS: amounts falling due within
one year
(2,11TI
{51,706)
NET CURRENT ASSETS
15,079
45,413
NET ASSETS
15,079
45,413
CHARITY FUNDS
Unrestricted funds
10
15,079
45,413
TOTAL FUNDS
15,079
45,413
The charitys financial statements have beon prepared in accordan¢e wilh the provisions applicable lo
companies subject to th8 small companies regime.
The trustees consider Ihat the charity Is enli118d to exemption from the r8quiremenl to hav9 an audit und8r the
provisions of section 477 of the Companies A¢1 2006 Ilhe A¢n and member5 have not required the charity lo
obtain an audit tor the year in question in accordance with sgclion 476 01 the Act.
The trustees acknowledge their resFonsibilities lor complyng with the requirements ol the Companies Act 2006
wrth respect to accounting r￿ordS and the preparation ol financial statements.
The financial statements were approved and authorised for issue by the trustees on 13 July 2021
signed on their behalt. by=
and
S Hampson
Trustee
The notes on pages 8 to 14 form part ol Ihese financial statements.
Page 7

STAR TAUST (EAST MIDLANDS) UMITED
(A company IlmSted by guarnntee
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2020
ACCOUNTING POLICIES
1.1 8asls of preparntion of firbanclal Ststomonts
The financial statements have been prepared in accordanee wrth Accounting and Rewrting by
Gharities.. Statement of Recommer￿ed Practice applicable lo charities pioparing their accounts in
accordance wtth the Financial Reporting Standard appI￿able in the UK and Republic of Ireland IFRS
1021 (effective 1 January 2015} - (Chartses SORP IFRS 102)), the Financial Reporting Standard
aF)plicable in the UK and Rewbli¢ ol Ireland IFRS 1021 and the Companies Act 2006.
Star Trust IEasl m￿landS) Limited meets the dofinition ot a wblic bgnefil entrty urKlgr FRS 102.
Assets and liabilities are initially recognised at historic￿ cost or transaction value unless Othwwse
stated in the relevant accounting policy.
12 Company Status
The charity is a company limtted by guarante8. The members of the company are the Iruslees
named on pagg 1. In the event ol th8 charity bèing wound up, tho liability in respeci ol thg
guarantee is limited lo £10 per member of the charity.
1.3 Income
All income is r8¢ognised once the chathy has entitsmenl lo the incom&. tt Is Probable that the
income will be received atKI Ihe amount of in¢ome receivable ¢an be measured relity.
othor incorrse is recognised in th8 period in vthich it is re¢eivabb and io the oxtent the goods have
been provided or on completion ol the service.
1.4 Ex￿ndItUre
EXpe￿lItl1re is recognised once th8r8 15 a legal or construclive obligation to transfer economic
benefit lo a third paty, il is probable that a transfer ol economic b8nelits will be required in
settlement and the amount of the obligatson can be measured rgliably. Expendituro is classified by
aclivily.
Costs of raising funds are thè direct costs incurted in puttiry on the lundraisirKJ events put
the charity.
on by
Charitable activities and Governance costs are cosls incurred on the tharitys operations. including
support costs and costs relating to thg gov9mancé of the charity apwrtffigd 10 charitabl8 activitiès.
Grants payab￿ are charged in the year when the offer is made except in those cases where the
oller is conditional, such grants being recognised as exponditure when the ￿nditionS attaching are
lulfilled. Grants offered subjecl lo condf(ions which have not been met at the year end are noted as a
commitment, bul not accrued as expenditur¢.
1.5 Doblors
Oth8r dgbtors ar9 roeognisod at tho sethemenl amount after any discount ollered. Prepayments ai8
valued at the amount prepaid.
Page 8

STAR TRUST (EAST MIDLANDS) LIMrrED
(A company Ilmltsd by guarantee)
NOTES TO THE FINANCIAL STATEMEKrs
FOR THE YEAR ENDED 31 OCTOBER 21)20
ACCOUNTING POUCIES l¢ontlnued)
1.6 Cash at Bank
Cash at bank rgpresenls cash held In current account lacilitles.
1.7 Llabllltlo$
Liabilities are recognised when there is an 0￿￿all0￿ at the Balanc8 sheel date as a result of a past
evenL il is probable that a transfer ol economic benefit will be Tequired in settlemenl, and the
amount ot the settlement can be estimaled reliably. ￿abIlitIeS are r8¢ognised at the amount that the
¢harty anticipates it will pay lo settle the debt or Ihe amount it has received as a￿anc￿l pay)nents
for the goods or seNices it must provide.
1.8 FlnaTh¢l¥l Inslruments
The charity only has linancial assets and financial liabilities Ot a kind that qualify as basic financial
inslrumenls.
Basic financid instruments are initlally recognised al Iransactlon value and
subsequently measured at th¢ir settlemènt vdue.
1.9 Fund aeeounting
Gen8ral funds are unr8stri¢ied funds which arg available for use al the discretion of the trustees in
lurtheranee ol the general objectwes ol the charity and which hav& not been designated for other
purposes.
FUNDRAISING INCOME
Unrostricted
fvnds
2020
Total
funds
2020
Total
funds
2019
Fundraising events
102,256
102,256
184, 138
Tot812019
184, 138
184. 138
Page 9

STAR TRUST (EAST MIDLANDS) LIMrrED
{A Company Ilmltod by guarantse)
NOTES TO THE FINANCIAL STATEMETrtrs
FOR THE YEAR ENOED 31 OCTOBER 2020
ANALYSIS OF EXPENDITURE 8Y EXPENDrruRE TYPE
Other ¢ost8
Total
2020
Total
2015
Exp8ndilur8 on raisir¥J voluntary income
Cost8 Ot ralslng lunds
4l664
69,445
Charitable activilies
89.926
95,873
132,590
13IS90
765.318
Total 2019
165,318
165,318
COSTS OF RAISING FUNDS
Unrestrlcted
fund8
2020
T¢>tsl
funds
2020
Tofai
lunds
2019
Fundraising costs incurred
42,664
69.445
rotal 2019
69,445
69,445
Page 10

STAR TRUST IEAST IAIDLANDS) UMrrED
{A cornpany Ilmlted by guararrtee)
NOTES TO TrIE FINANCIAL STATEMEifrs
FOR THE YEAR ENDED 31 OCTOBER 2020
ANALYSIS OF GRANTS
Grants to
Instltutlons
2020
Total
2020
Total
2019
Grants
79,148
79,148
93,537
Tota12019
93,537
93,537
2020
Notts CYP Donation
PASIC Donation
Cerebral Palsy Sport Donation
Sam While Legacy Donation
Worhere Donation
Framework Housing Donation
The Zinc Project
Bodie 14odges Foundation
Safe and Sound
Menphys
10859
10,000
5,949
5,000
6,000
3.100
400
8,560
Total
79,148
SUPPORT COSTS
Tot•1
2020
Total
2019
Accounlan¢y
Advertising
Sundry
Bank eharges
Bad debt write off
720
97
307
712
2.318
7,224
10.778
2,&36
Total 2019
2.336
Page11

STAR TRUST {EAST MIDLANDS) UMrrED
(A eompany limited by guarantoe)
NOTES TO THE FINANCIAL STATEMEKrs
FOR THE YEAR ENDED 31 OCT08ER 2
NEf INCOMEI{EXPENDrruRE)
This Is stated aftèr charging:
2019
Independent examinaliin costs
During the year, no Iru$le&s recewed any remuneration12019- £NILI.
During the ￿ar, no trustees received any benelils in kind12019- £NILI.
During the year, no trustees received any reimbursom8nt ol expenses (2019- £NILI.
DEBTORS
2019
Other debtors
Prepayments and accrued income
5,000
96
39.514
11,189
50, 703
CREDrroRS: Amount$ falling due wlthln ong year
2019
Trade Creditors
AccruaL% and deferred income
269
4,490
47.216
2,117
51, 706
Deleffed income of £46,486 in 2019 relat￿ to the Star Trust Annual Ball 2019. which was hekl just after
the year gnd in November 2019. Qelerred Inc￿￿9 al the 2020 year end was £nil.
Pago 12

STAR TRUST (EAST MIDLANDS) LIM￿ED
(A ¢ompany Ilmlted by guarnntso)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2WJ
10. STATEmETr￿ OF FUNDS
STATEMENT OF FUNDS- CURRENT YEAR
Balance at
1 November
2019
Balance at
31 o￿ober
2020
Incomo Experrflllure
Unr•*ri¢1od funds
General Funds
45,413
102,256
{132￿￿}
15,079
Restricted funds are where fundraising events are held ft)r a specific named ¢ause.
STATEMEKT OF FUNDS- PRIOR YEAII
Balance al
l November
2018
Balance al
31 October
2019
General Funds
26,593
184,138
(165,318)
45.413
Tolal ot furKIs
26,593
Y84,138
(165,318)
45.413
SUMMARY OF FUNDS- CUAREwf YEAR
BA19n￿ at
1 November
2019
8olan¢g 01
31 Octob&r
2020
Income Expendlturè
General funds
45,413
11Y2,256
{132.590)
15,079
SUMMARY OF FUNDS- PRIOR YEAR
Ba18nce al
l Novembei
2018
Balance al
31 October
2019
Incom8 Expendllure
General lund$
26,593
184, 138
1165,318J
45,413
Page 13

STAR TRUST (EAST MIDLANDS> UMITED
(A Company Ilmlled by guaranteè
NOTES TO THE FINANCIAL STATEMENTS
FOR THÉ YEAR ENDED 31 OCTOBER 2020
11. ANALYSIS OF NET ASSETS BETWEEN FUNDS
ANALYSIS OF NEf ASSETS BEfwEEN FUNDS- CURREKT YEAR
Unrestrictgd
lund$
Total
lund8
Cuffent assets
Creditors due within one year
17,196
12.117)
17,196
{2,117)
15.079
15.079
ANALYSIS OF NEf ASSEfs BETWEEN FUNDS- PRIOR YEAR
Unrestricteo
lunds
2019
Tot81
fvnds
2019
Gurr8nt assets
Gredilots due within one year
97.119
151.706)
97,179
151,706)
45.413
45,413
12. RELATEO PARTY TRANSACTIONS
During the year purchases of £2.853 12019 - £7,162) were mad8 from Creative Minds, a business
connected to S Warren. The balance outstanding on thes8 purchases at the year end was-£358 {2019 -
£4.4761. The Irusteos ensure that all wrchases are al market value or discounted.
Pagè 14