Registered number: 08536549
Charity number: 1153928
STAR TRUST (EAST MIDLANDS) LIMITED
{A company limited by guarantee)
UNAUDITED
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2022

STAR TRUST (EAST MIDLANDS) LIMITED
IA company Ilmlted by guarantee)
CONTENTS
Page
Reference and adminlstratlve detalls of the charity, its Irustees and advisers
Trustees. report
Independent examlner's report
Statement of financial activities
Balance sheet
Notes to the financial statements
8-14

STAR TRUST {EAST MIDLANDS) LIMITED
{A company Ilmlted by guarantee)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY. ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 OCTOBER 2022
Trustees
L Cawdron
S Hampson
S Warren
Company reglstered
number
08536549
Charity registere(I
number
1153928
Registered offl¢e
Tower House
Lucy Tower Street
Lincoln
LN1 1XW
Company secretary
S Hampson
A¢¢ounlanl$
Sireels LLP
Chartered Accounlanls
Tower House
Lucy Tower Street
Lincoln
LN1 1XW
Page 1

STAR TRUST (EAST MIDLANDS) LIMITED
IA company limited by guarantee)
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 OCTOBER 2022
The trustees present their annual report together with the financial slalemenls ol the charity for the year 1
November 202110 31 October 2022. The Iruslees confirm Ihal the Annual Fleport and financial statements ol the
company comply with the current slatulory requirements, the requirements ol the company's governing
document and the provisions ol the Siaiemenl ol Recommended Practice ISORPI, applicable io eharilios
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic
ol Ireland IFRS 1021 lelleclive 1 January 20151 as amended by Update Bulletin 1 lelleclive 1 January 20151 and
Update Bulletin 2 leffective January 20191.
Since the charity qualifies as small under section 383, the strategic report required of mediurn and large
companies under The Companies Act 2006 Islralegic Fleport and Director's Report) Regulations 2013 is not
required.
Structure and governance
The Star Trust (Easl Midlands) Limited is an incorporated charity established under the Articles ol Association.
The Company is limited by guaranlee and has no share capital.
The trustees during the year and at 31 October 2022 were..
L Cawdron
S Hampson
S Warren
Trustees will be recruited as and when required by the continuing trustees by way ol personal invilalion.
The Iruslees are mindful ol their duties in connection with the induction and training of new Iruslees and would
follow the guidelines set down by the Charity Commission. New trustees would be referred to the Charity
Commission website. They would be given copies of previous period's accounts prior to their attendance at a
trustees, meeting and the founders would provide a background briefing and be available lo answer any
questions.
The Irusiees have the ability lo invest funds as sel out in the Articles ol Association.
Objectives and activities
Star Trust (Easl Midlandsl Lid is a charty based in the East Midlands, run by local business owners and
entrèpreneurs, which support good causes across the region. Using our members, business expertise and
commercial initiative, we hold events throughout the year to raise money lor locally-run charities that can often
struggle to secure public donations, simply because they lack the profile ol national organisalions.
The Iruslees shall hold the capital and income ol the trust fund upon trust and make donations as such
charitable inslilulion or inslilulions al such time or limes and in such manners as lo achieve the charity
objectives.
The Iruslees confirm that they have referred lo the guidance contained in the Charity Commission's general
guidance on publi¢ benefit when reviewing the charity's aims and objectives and in planning fLtlure activities and
setting the grant making policy lor the period.
Grants pollcy
The Iruslees have a general policy ol seeking lo support local charities which benefit the Derbyshire,
Nottinghamshire, Leieèstèrshirè, Lincolnshire and Rutlan¢J area so lar as possible although this is not an
exclusive policy. The trustees are prepared lo consider national appeals il they feel that these have real merit.
However, generally the Iruslees would want to see a strong link lo the local communities in the East Midlands.
Page 2

STAR TRUST {EAST MIDLANDSI LIMITED
{A company limlted by guaranleel
TRUSTEES. REPORT l¢ontinuedl
FOR THE YEAR ENDED 31 OCTOBER 2022
Financial rgview and future activities
Income in the year amounted lo £105.534 and is almost entirely comprised ol lickels, pledges, rallle and auction
proceeds from the fundraising events held during the year.
Past and lulure events can be found on our website. Income is recorded as restricted where events are held for
a specific cause.
Details ol donations paid are included in the notes lo the accounts. The donations were to causes that the
trustees felt were worthy ol supporting and which lullilled the objectives of the charity.
Income exceeded resoLJrces expended by £36,248. Al 31 October 2022 the nel assets of the charty were
£52,537.
Taxation
Star Trust (Easl Midlands) Limited is 8 registered eharity and as such 15 exgmpl Irom laxalion on ils income and
gains to the exlenl that they are applied lo ils charitable purposes.
Going Concorn
Aller making appropriate enquirios, the Iwslees have a reasonable expectation that the charity has adequate
resources lo continue in operational existence lor the foreseeable future. For this reason they continue lo adopt
the going concern basis in preparing the financial statements
Reserves policy
The trustees are committed to donating the net income ol the Charity over the medium term. The charity
maintains sullicienl reserves to continue lo operate in the furtherance ol ils charitable objectives. The ITUStees
aim to hold reserves of approximately £20,000 once normal operations can resume.
Risk assessment
The Irusiees have carried out an overall risk assessment lo identify the risks associated with the operations ol
the charty and, where appropriate, have introduced controls and safeguards to minimise the effects of those
risks.
Page 3

ST AR TRUST (EAST MIDLANDS) LIM￿ED
IA company limited by guarantee)
TRUSTEES. REPORT {¢ontinuedl
FOR THE YEAR ENDED 31 OCTOBER 2022
Tru$tee$' Responsibilities Statement
The Iruslees (who are also directors ol Star Trust IEasl Midlandsl Limited for the purposes ol company lawl are
responsible lor preparing the Iruslees, report and the financial slalemenls in accordance with applicable law and
United Kingdom Accourrting Standards (United Kingdom Generally Accepted Accounting Praclicel.
Company law requires the trust&es to prepare financial slalemenls lor each financial year. Under company law
the trustees must not approve the financial statem8nls unless Ihgy are satisfied that they give a true and lair view
of Ihe state ol allairs ol the charitable company and ol the incoming resources and application ol resources,
ncluding the income and expenditure. of the charitable company for that period. In preparing these financial
slalem&nls, the Iruslees ale required to=
select suitable accounting policies and then apply them consislenily.,
obsetve the methods and principles in the Charities SORP.,
make judgmenis and accounting estimates that are reasonable and prudent..
prepare the financial slalemenls on the going concern basis unless il is inappropriate to presume that the
charitable company will continue in operation.
The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the
charitable company's transactions and disclose wlh reasonable accuracy al any lime the financial position ol the
charitable company and enable them lo ensure that the financial slalemenls comply with the Companies Act
2006. They are also responsible lor safeguarding the assets ol the charitable company and hence for taking
reasonable slep5 lor the prevention and detection of fraud and other irregularities.
Small Company Provlslons
This report has been prepared in accordance with the provisions applicable to companies entitled lo the small
companies exemption.
This report was approved by the truste
19106123 and signed on their behalf by..
S Hampson
Trustee
Page 4

STAR TRUST (EAST MIDLANDS) LIMITED
IA company limiled by guarantee)
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 OCTOBER 2022
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF STAR TRUST (EAST MIDLANDS) LIMITED
(the 'charity'}
I report lo the charity trustees on my examination ol the accounts ol the charity lor the year ended 31 October
2022.
This report is made solely lo the charity's Iruslees, as a body, in accordance with Part 4 01 the Charities
(Accounts and Fleportsl Regulations 2008. My work has been undertaken so that I might slate lo the charily's
Iruslees those matters l am required lo slate lo them in an Independent examiner's report and lor no other
purpose. To the lullesl exlenl permitted by law, I do not accept or assume responsibility lo anyone other than the
charity and the charitys trustees, as a body, lor my work or lor this report.
RESPONSIBILITIES AND BASIS OF REPORT
As the Iruslees ol the charity land ils directors lor the purposes ol company lawl you are responsible lor the
preparation ol the accounts in accordance with the requirements of the Companies Act 2006 Ilhe 2006 Act'l.
Having satisfied myself that the accounts ol the charity are not required lo be audited under Part 16 01 the 2006
Act and are eligible lor independent examination, I report in respect ol my examination ol the charity's accounts
carried out under section 145 of the Charities Act 2011 Ilhe 2011 Act'l. In carrying out my examination I have
followed the Directions given by the Charity Commission under section 14515llbl of the 2011 Aet.
INDEPENDENT EXAMINER'S STATEMENT
I have completed my examination. I can conlimi that no matters have come to my attention in connection wth
the examination giving me cause to believe..
accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act,. or
the accounts do not accord with those records., or
the accounts do not comply with the accounting requirements ol section 396 01 the 2006 Act other than
any requiremenl that the accounts give a 'lrue and lair. view which is not a matter considered as part ol
an indepencsenl examination- or
the accounts have not been prepared in aceordance wlh the methods and principles of the Statement ol
Recommended Practice lor accounting and reporting by charities lapplicable to charities preparing their
accounts in accordance wlh the Financial Reporting Standard applicable in the UK and Republic ol
Ireland IFRS 10211.
I have no concerns and have eome across no other matters in connection with the examination to which
attention should be dra%￿ in this report in order to enable a proper understanding ol the accounts to be reached.
Signed..
Dated.. 21106123
Robert Anderson FCA
Streèts LLP
Tower House
Lucy Tower Street
Lincoln
LN1 1XW
Page 5

STAR TRUST (EAST MIDLANDS} LIMITED
IA company limited by guarantee)
STATEMENT OF FINANCIAL ACTIVITIES INCORPORATING INCOME AND EXPENOITURE ACCOUNT
FOR THE YEAR ENDED 31 OCTOBER 2022
Unrestrlcted
lunds
2022
Total
funds
2022
Total
funds
2021
Note
INCOME FROM:
Other trading activities=
Fundraising
105,534
105,534
39,562
TOTAL INCOME
105,534
105,534
39,562
EXPENDrruRE ON:
Raising funds
Charitable activities
56,728
12,558
56,728
12,558
5,214
33,138
TOTAL EXPENDITURE
69,286
69,286
38.352
NET INCOME BEFORE OTHER RECOGNISED GAINS AND
LOSSES
NET MOVEMENT IN FUNDS
36,248
36,248
36,248
36,248
1,210
1,210
RECONCILIATION OF FUNDS:
Total funds brought forward
16,289
16,289
15,079
52.537
52.537
16,289
TOTAL FUNDS CARRIED FORWARD
The notes on pages 8 10 14 form part of these financial statements.
Page e

STAR TRUST (EAST MIDLANDS) LIMITED
IA company limited by guarantee)
REGISTERED NUMBER: 08536549
BALANCE SHEET
AS AT 31 OCTOBER 2022
2022
2021
Note
CURRENT ASSETS
Deblors
Cash at bank and in hand
1,730
82,357
953
17,100
84,087
18,053
CREDITORS: amounts falling due within
one year
(31.550)
(1,764)
NET CURRENT ASSETS
52.537
16.289
NET ASSETS
52,537
16,289
CHARITY FUNDS
Unreslricled funds
10
52.537
16,289
TOTAL FUNDS
52,537
16,289
The charity's financial slalemenls have been prepared in accordance wtth the provisions applicable to
companies subj&cl lo the small companies regime.
The Iruslees consider that the charity is entitled lo exemption from the requirement lo have an audit under the
provisions ol section 477 01 the Companies Act 20061.the Acl"l and members have not required the charity lo
obtain an audit for the year in question in aecordance with se¢lion 476 01 the Act.
The Iruslees acknowledge their responsibilities lor complying with the requirements ol the Companies A¢1 2006
th respect lo accounting records and the preparation ol financial slalements.
The financial slalemenls were ap
signed on their behalf, by..
and aulhorised lor issue by the trustees on
19106123
and
S Hampson
Tru$tg0
The notes on pages 8 to 14 form part ol these financial statements.
Page 7

STAR TRUST (EAST MIDLANDS) LIMITED
IA company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2022
ACCOUNTING POLICIES
1.1 Basls of preparatlon ol flnancial statements
The financial slalernenls have been prepared in accordance with Accounting and Reporting by
Charities.. Slalemenl ol Recommended Practice applicable lo charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic ol Ireland IFRS
1021 leffeclive 1 January 20151- (Charities SORP IFRS 10211, the Financial Reporting Standard
applicable in the UK and Republic ol Ireland IFRS 1021 and the Companies Act 2006.
Star Trust (Easl Midlands) Limited meets the definition ol a public benefit entity under FRS 102.
Assets and liabilili&s are initially recognised al historical cost or transaction value unless olhelwise
slated in the relevant accounting policy.
1.2 Company statu$
The charity is a company limited by guarantee. The members of the company are the trustees
named on page 1. In the event ol the charity being wound up, the liability in respect of Ihe
9uaranlee is limited lo £10 per member ol the Charity.
1.3 Income
All income is Tecognised once the charity has entitlement lo the income, il is probable that the
income will be received and the amount ol income re¢eivable can be measured reliably.
Other income is recognised in the period in which il is receivable and lo the exlenl the goods have
been provided or on completion ol the service.
1.4 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to Iransler economic
benefit to a third party, it is probable that a transfer ol economic benefits wll be required in
settlement and the amount ol the obligation can be measured reliably. Expenditure is classified by
aclivily.
Costs ol raising funds are the direct costs incurred in F)utting on the lundraising gvgnls pul on by the
charity.
Charitable activities and Governance costs are costs incurred on the charills operations, including
support costs and costs relating 10 the governance ot the charity apponioned 10 charitable activities.
Grants payable are charged in the year when the er is made except in those cases where the
offer is conditional, such giants being recognised as expenditure when the condilitsns attaching are
lullilled. Grants ollered subject to conditions which have not been mel al the year end are noted as a
commitment, bul not accrued as expenditure.
1.5 Debtors
Other deblors are recognised al the settlement amount alter any discount ollered. Prepayments are
valued at the amount prepaid.
Page 8

STAR TRUST (EAST MIDLANDS) LIMITED
IA company Ilmlted by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR TPIE YEAR ENDED 31 OCTOBER 2022
ACCOUNTING POLICIES Icontinuedl
1.6 Cash at Bank
Cash al bank represents cash held in curr8nl account lacililies.
1.7 Liabilities
Liabilities are recognised when there is an obligation al the Balance sheet dale as a rgsult of a past
event, il is probable that a Iransler ol economic benefit will be required in settlement. and the
amount ol the settlemgnl can b8 gslimaled reliably. Liabili118s are recognised al the amount thai the
charity anlicipales il will pay lo settle the debt or the amount il has received as advanced payments
lor the goods or services it musl provide.
1.8 Finan¢lal Instrument$
The charity only has financial assets and financial liabilities ol a kind that qualify as basic linaneial
instruments.
Basic financial instruments are initially recognised al transaction value and
subsequently measured al their settlement value.
1.9 Fund accounting
General funds are unrestricted funds which are available for use al the discretion ol the tTUStees in
furtherance ol the general objectives ol the charity and which have not been designated lor other
purposes.
FUNDRAISING INCOME
Unrestricted
funds
2022
Tolal
funds
2022
Total
funds
2021
Fundraising events
10S,534
105,534
39,562
Total 2021
39,562
39.562
Page 9

STAR TRUST {EAST MIDLANDS) LIMITED
{A Company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2022
ANALYSIS OF EXPENDITURE BY EXPENDITURE TYPE
Other costs
2022
Total
2022
Total
2021
Expenditure on raising voluntary income
56,728
56,728
5,214
Costs of raising funds
56.728
56,728
5.214
Charitable activities
12.558
12,558
33, 138
69.286
69,286
38,352
Total 2021
38.352
38,352
COSTS OF RAISING FUNDS
Unrestricted
funds
2022
Total
funds
2022
Total
luncls
2021
Fundraising costs incurred
56,728
56.728
5,274
Toial 2021
5,214
5,214
Page 10

STAR TRUST (EAST MIDLANDS) LIMITED
IA company limited by guaranteel
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2022
ANALYSIS OF GRANTS
Total
2022
Total
2021
Grants to organisations
22,926
Total 2021
22,926
A lolal of £52,956 01 grants have been paid following the year end.
SUPPORT COSTS
Total
2021
Total
2021
Accountancy
Other costs
Bank charges
Bad debt wrile off
650
3,994
568
5.000
11,491
167
12,5S8
10,272
Total 2021
10,212
NET INCOMEIIEXPENDITURE)
This is stated after charging..
2022
2021
Independent exafflination cosls
650
During the year, no trustees received any remuneration12021 £NILI.
During the year, no trustees received any benefits in kind12021 £NILI.
During the year, no trustees received any reimbursement ol expenses12021 £NILI.
DEBTORS
2022
2021
Other debtors
953
Paoe11

STAR TRUST (EAST MIDLANDS) LIMITED
IA company limited by guaranteel
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCT08ER 2022
CREDITORS: Amounts falling due within one year
2022
2021
Trade creditors
Accruals and deferred income
29,650
1,900
114
1,650
31,550
1,764
DeleiTed income at the 2022 year end was £nil12021 £nill.
Page 12

STAR TRUST {EAST MIDLANDS) LIMITED
{A company limited by guarantee)
NOTES TO THE FINANCIAL ST ATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2022
10. STATEMENT OF FUNDS
STATEMENT OF FUNDS- CURRENT YEAR
Balance at
1 November
2021
Balance at
31 October
2022
Income Expendlture
Unreslricted funds
General Funds
16,289
105,534
{69,2861
52,537
STATEMENT OF FUNDS- PRIOR YEAR
Balance al
l November
2020
Balance al
31 Oclober
2021
Income Expenditure
General Funds
15,079
39.562
(38,352)
16,289
Tola10l funds
15,079
39.562
(38.352)
16,289
SUMMARY OF FUNDS- CURRENT YEAR
Balance at
1 November
2021
Balance at
31 October
2022
Income Expenditure
General funds
16.289
105.534
169.286)
52,537
SUMMARY OF FUNDS- PRIOR YEAR
BalanGe al
7 Novembei
2020
Balance al
31 Octobei
2021
Income Expendilure
General funds
15,079
39,562
(38,352)
16,289
Page 13

STAR TRUST IEAST MIDLANDS) LIMITED
IA company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2022
ANALYSIS OF NET ASSETS BETWEEN FUNDS
ANALYSIS OF NET ASSETS BETWEEN FUNDS- CURRENT YEAR
Unrestricted
funds
2022
Total
funds
2022
Current assets
Creditors due within one year
84.087
131,550)
84.087
131,550)
52,537
52,537
ANALYSIS OF NET ASSETS BETWEEN FUNDS- PRIOR YEAR
Unreslricleo
funds
2021
Total
funds
2021
Currgnl assets
Creditors due within one year
18.055
11.764)
18,053
(1,764)
16.289
16,289
12. RELATED PARTY TRANSACTIONS
During the year purchases of £1,542 12021 £1,316) were made from Creative Minds, a business
connected lo S Warren. The balance outstanding on these transactions at the year end was a debtor of
£400 12021
debtor of £3581 following an overpayment ol invoices. The Iruslees ensure that all
purchases are at market value or discounted.
Page 14