Reglstered number: 08536549
Charlty number: 1153928
STAR TRUST (EAST MIDLANDS) LIMITED
(A company Ilmlted by guarantee)
UNAUDITED
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

STAR TRUST (EAST MIDLANDS) LIMITED
(A company Ilmlted by guarantee)
CONTEKrs
Page
Reference and 8dm5nl8lratlve deta118 of th8 charlty, Its trn#te8s and advlser8
Trusts83' rnport
Independ•nt oxamlnfrr'g roport
Statement of flnanelal actlvltle•
Bolance Sh￿1
Notas to the flmnclal ststem8nts
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 2023
TNstees
L Cawdron
S Hampson
S Warren
Company roglstergd
numbei
08536549
Charlty roglslered
numbei
1153928
Rogl8br•d offi¢e
Tower House
Lucy Towver Slr8el
Llncoln
LN1 IXW
Company Jecretary
S Hampson
Accountant8
Stree18 LLP
Chartered Accountants
Tower House
Lucy Towor Stroel
LSncoln
LN1 1XW
Page 1

STAR TRUST (EAST MIDLANDS) LIMrrED
{A company limited by guarantee)
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 OCTOBER 2023
Tho Iruslees presgnt their annual report together with the financial statements ol Ihe charity lor Ihe year 1
Novernber 2C122 10 31 October 2023. The trustees eonlirm that the Annual Report and Ilnancial Statements ol the
company comply whh the currant slalulory requirements, the requirements ol the companys gov8rning
doeumenl and the prov151ons ol the Statemant ol Recomrnended Pracllce ISORPI, applicatje to charltles
preparlng Ihèli accounts Sn accordance with the Flnanclal Reporting Standard appllcable in the UK and Republic
ol Ireland IFAS 1021.
Slnce the charlly quali1Ses as small under sectlon 383, the straleglc r¢port requlred of medSum and large
companies under The Companies Act 2006 Istraleglc R8POrt and Direclovs Report) Rggulatlons 2013 is not
requlred.
Siructurè and governance
The Star Trust (Easl Midland81 Llmlted Is an Incorporated charlty eslabllshed under tho Artlcles of A880cialion.
Th8 company is limiled by guarantee and has no share capital.
The Iw$l•ès durlng the year and al 31 October 2023 wera:
L Cawdron
S Hampson
S Warren
Trustees ￿11 bg recruited as and when requlred by the contlnuing Iru8t8e8 by way ol p8rsonal Invllatlon.
Th¢ Iruslees are mlndlul ol IheSr dulle8 In connecllon wlth th8 inducllon and tralnlng ol naw Iruslegs and would
follow the guldellnes sel down by the Charlly Comm1881on. New Iruslees would be referred lo the Charliy
Gommlsslon wobslle. They would be gSven coples ol previous period's accounts prior to Ihelr attendance at a
trustees, me81ing and the founder8 would provide a background brietlno and be avallablé lo answer any
questions.
The trustees hav& the ablllty to Invest funds as Sel out In the Artlcl88 ol Assoclalion.
Obl8CtIvg9 and acllvltleg
Star Trust (Easl Midlands) Ltd is a charity based In the East Midlands, run by local business owners and
entrepreneurs. whlch support good causes across Ihe règlon. UsSng our members, buslness expertlse and
commercial inilialive, we hold events throughout the year to ralse money for locally-run charltles that can often
struggle to secure publlc donatlons, slmply because they lack the profile ol natlonal organisations.
The Iruslegs shall hold th8 capital and Income of the trust lund upon trust and make donallons to such charitable
Instllution or instilulions al such time or limes and in such manners as to achieve the charity oblectives.
The trustees confirm that they have r8ferred lo the guldance contained in thè Charhy Commisslon's general
guidancg on public benefit when revlewing the charity's alms and objeclives and In planning lulure actlviiS85 and
settSng the grant making pollcy lor the perfod.
Grants pollcy
Th8 trustees have a general policy ol seeking lo support local charities which benefit tho Derbyshire,
Noltinghamshire, Leicestershire, Lincolnshire and Rutland area so far as possible although thSs is not an
exclusive policy. The trustees are prepaTed lo consider national appeals if they feel that thes8 havo roal merit.
However. generally the trusteos would want 10 See a strong link to the local communltles in the East Midlands.
Pago 2

STAR TRUST (EAST MIDLANDS) LIMITED
(A company limited by guarantee)
TRUSTEES. REPORT (continued)
FOR THE YEAR ENDED 31 OCTOBER 2023
Financlal revlew and future aetlvltleg
Income in the year amounted lo £182,027 and Is almost entirely ¢omprlsed ol ticket5, pledges, raffl8 and auction
Pfoceeds frorn the lundralslng 8vents held durlng the year.
Past and futur¢ &venls can be found on our web8118. Incom8 is re¢ord8d as reslrkled wh8re events are held lor
a sp8cllic cause.
Det￿lS ol donatlons paid are included Sn the notes lo the a¢counls. The donallons w8r8 to causes that the
trusl8e8 leli were worthy ol supporting and whl¢h lullllled the objeGilves ol the charity.
Income oxcaeded resources expended by £14,816. At 31 October 2023 thè net a88els ol ihe charlty were
£67,353.
Tuatlon
Star Trust IEast Mldlandsl Llmlted 1$ a reglster8d charfty and as Such Is exempl from l&¥atlon on ils in¢om8 and
gains lo the exlenl that they are 8pplled to Its charllable purposes.
Golng Concem
After maklng appropriate 8rNuiriès, th8 Iruslees havo a reasonable expeclallon Ihal the charity has adequat8
resources lo continue In operational exlst8nce lor the loresegable luture. For thls reason they conllnue to adopt
the going concern basi$ in preparing the Ilnancial slat6m8nls.
Rg8ervos poIIcy
The Iruslees arè commltted lo donatlng the nel Incom8 ol the chaiity over Ihg medlum term. Tha charlty
mainlalns sullicient reserves lo continue lo oparate In the lurtherance of118 charilabla oblaclives. The trustees
m lo hold reserves ol approxlmat8ly £20,000.
Rlsk a￿¥$ment
The Iruslegs have carrled out an ovgrall risk assessment lo kl8nlity the rtsks associated wtih the operatlons of
the charlly and, whgro appropriate, have Introduced controls and safeguards lo mlnimlse the ellect8 01 those
rlsks.
Page 3

STAR TRUST (EAST MIDLANDS) LIMITED
(A company Ilmlted by guarantee)
TRUSTEES, REPORT {contlnued)
FOR THE YEAR ENDED 31 OCTOBER 2023
Trustees, Responslbllltles Statemenl
The trustees (who are also direclors of Star Trusl (East Midlands) Limited lor the purposes ol company lawl are
responslble lor preparlng the Iruslees, r8POrt and the tinancial slalemenls in accordance wllh app11cable law and
Unlted Kingdom Accounting Standards (United Kingdom G8n8rally Accepted Accounting Praclicel.
Company law rèqulres the Iruslees to prepare fin8ncial statements lor each financial yoar. Under company law
the trustees musl not approve the linanclal slalgmgnls unless Ih8y arg satSslled that th8y giv8 a true and lalr view
ol the slate ol allairs of Ihg charitable company and DI the Incomlng resources and application ol Tesources,
includlng the Incom8 and expendlture, of the charltable company tor Ihal penod. In preparing those linanclal
slalemen15, Ihe trusteès are required to..
s•l&cl suitable accounting policles and then apply them consIsten￿Y',
observe the rnelhods and prlnclpl¢s In the Charities SORP;
make ludgments and accounllng esumates that are reasonable and prudent.
prepar8 th8 financlal slalement8 on the going con¢¢rn basis unless il Is inappropriate to presume that the
harllabla company will contlnue In operation.
The Iruslees are responsible lor k8eping adequat¢ accounting records that are sulllclenl to show and axplaln the
chari18ble compan¥s tran5actlons and dlsclose with reasonable accuracy at any Ilme the financial position ol the
chaTllablè company and enable them lo ensure that the Ilnanclal slalemenls compty wtth the Gompanles Act
2006. They are also responslble lor 5al¢guarding the assels ol the charitable company and hence for laking
reasonabl8 steps lor the pr8v8nlion and dg1e¢lion ol fraud and other irregularilleg.
Small Company Provl•lon¥
This report has been prepared in a¢cordance wllh the provislon5 appllcable lo companies entitled lo the small
companles exgmpllon.
Thls report wa8 approved by the trustee8 on oLb I
gr￿ on Ih91r béhdf by..
S Hamp80n
Tru$l••
Page 4

STAR TRUST (EAST MIDLANDS) LIMrrED
IA company limtted by guarantee)
INDEPENDE￿ EXAMINER'S REPORT
FOR THE YEAR ENDED 31 OCTOBER 2023
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF STAR TRUST (EAST MIDLANDS) LIMITED
(the'charlty.)
I report to the charlty trustees on my 8xaminalion ol th8 accounts of the charlty lor tha year ended 31 October
2023.
This roport Is mad8 sol8ly to the charills Iruslees, as a body, In accordance with Part 4 of the Charities
(Accounts and Report81 Regulations 2008. My work has b88n undertaken so that I might stale to the charitys
trustees those matters l am r8qUITed to slat8 lo Ihern in an Indep8nd8nl examinerfs report and IOT no other
purpos8. To the lullesl exlenl permitted by law, I do not accept or assum8 responsibility lo anyone other than the
charity and tha charitvs Iruslees, as a body, for my work or for this report.
RESPONSIBILITIES AND BASIS OF REPORT
As th& tru8te88 ol th8 charty land ils director$ for the purposes ol Company lawl you are responsSble for the
preparatlon ol the accounts In accordance Wth the rgqulremen18 of the CoFnpanle8 Act 2006 Ilha 2006 Acl'l.
Having salislled myself that the accounts of the chaflty are not requlred lo be audit￿ under Part 16 01 tha 2006
Act and are eligStJe lor Ind8pendenl examlnallon, I report Sn respoct ol my examination ol the charitys accounts
carrled out under section 145 of the Charllies A¢t 2011 1'lh& 2011 Acl'l- In carrying out my examinalion 5 have
followed the Directlons given by the Charity Commission under section 14515llbl ol the 2011 Aci.
INDEPENDEKf EXAMINER'S STATEMENT
I have completed my examlnatlon. I can confirm Ihat no matters have come lo my attenllon In connectbn wSlh
the examlnallon givlng mg Gause lo belleve:
accounting records were not kept Sn resp8cI ol the charfty as requlred by secllon 886 01 the 2006 Act,. or
the accounts do not accord with those records,. or
the accounts do not ctsmply with tho accounting requirements o18ectlon 396 01 the 2006 Act other than
any rèquirement that the accounts glve a Irug and lalr, view whlGh is not a matter Gonsidered as part of
an indep8ndent examlnalion- or
the account5 have not b88n prepared In accOrdar￿9 ￿￿th the methods and principles of the Slalgment of
Recommended Pra¢ile8 lor accounting and reportlng by charilles lapplicablg lo charfties preparing Ihelr
a¢counls in accordanco with tho Financial Reporbng Standard applicable in the UK and Republic ol
Ireland IFRS 10211.
I have no concerns and have come across no other mallers In conneclion with the èxaminatSon lo whlch
attention should be drawn in thls report in order to enable a proper understandlng ol the accounts to be reachgd.
Signed=
Dated. y1712
Robert Anderson FCA
Streets LLP
Tower House
Lucy Tower Street
Llncoln
LN1 1XW
Pag8 5

STAR TRUST (EAST MIDLANDS) LIMITED
IA company Ilmlted by guarantee)
STATEMENT OF HNANCIAL ACTIVITIES INCORPORATING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 OCTOBER 2023
Unrestrlcted
lunds
2023
Total
fvnd$
2023
Total
funds
2022
Note
INCOME FROM:
Olher trading actNili&s:
Fundraising
182,iY27
182.027
105.534
TOTAL INCOME
181027
182,027
105,534
EXPENDrruRE ON:
Flwsing funds
Charitable acllvi118s
64.296
102,915
64,296
102,915
56,728
12,558
TOTAL EXPENDThURE
167,211
167,211
69.286
INCOME BEFORE OTHER RECOGNISED GAINS AND
LOSSES
NET MOVEMENT IN FUNDS
14,816
14,816
14,816
14,816
36,248
36,248
RECONCILIATION OP FUNDS:
Total funds brought fomard
52,537
52,537
16,289
87,353
67,353
52,537
TOTAL FUNDS CARRIED FORWARD
The notes on pages 8 to 14 form part ol th959 Ilnancld slalemenl8.
Page 6

STAR TRUST (EAST MIDLANDS) LIM￿ED
(A company Ilmlted by guarantee)
REGISTEFIED NUMBER.. 08536549
BALANCE SHE
AS AT 31 OCTOBER 2023
2023
2022
Note
CURRENT ASSETS
Debtors
Cash al bank and in hand
Y,730
82,357
77,907
77,907
84,087
CREDITORS: amounts falling due wlthln
onè yèar
{10,5541
(31,550)
NET CURRENT ASSETS
67,353
52,537
NET AsS￿s
67,353
52,537
CHARITY FUNDS
Unrestrl¢tad fund8
10
67,353
52,537
TOTAL FUNDS
67,353
52,537
The charitys flnanclal slal8menls hav8 b&en prepared In accordance wlth thg provlslons appllcabl8 to
companles subj￿1 lo the small companlos wime.
The Iru8tee8 consider that the charlly is entllled lo exgmplion from the requirgm8nt to have an audit under the
provisions ol section 477 01 the CoTnpani85 Act 20061'ih8 Act") and members have not requlred the charity lo
obtain an audil lor th8 year In question in a¢wrdance wrth sectlon 476 of the Act.
The trustees acknowledge thelr re8pon8lbllttles lor complylng wlth tha requlremenls of the Companles Act 2006
wllh respact to accounllng records and the pr8paratlon ol Ilnanclal statements.
or188U8 by the Iruslees on Ic)•114
The ffnanclal slalomenls w&re approved and au
and slgned on thelr beh￿1, by..
S Hamp$on
Trustee
The notes on pages 8 10 14 form part ol th888 linanoial stalgments.
Page 7

STAR TRUST (EAST MIDLANDS) LIMITED
{A company limiled by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023
ACCOUNTING POLICIES
1.1 Basls of pr8paratlon ol financlal ststements
The financial slalemenls hav8 been prepared In aocordanca with Accounting and R8POrting by
Charfcies.. Statement ol Recommended Pracllce applicable lo chaiilles preparing thelr accounts In
accordance with the Financial Reporting Standard applicable In the UK and Republic ol Iraland IFAS
1021 lellectlve 1 January 20151- ICharSties SOFIP IFRS 10211. the Financial Rèportlng Slandard
appliGable In the UK and Republic of Ireland IFRS 1021 and thg Companies Act 2006.
Star Twsl (Easl Midlands) Limited meets th8 delinilion ol a public benefit onlEty under FFIS 102.
Assets arKI liabilities are Inillally recognlsed al hlslorical ¢ost or Iransactlon value unless othe￿188
staled In the relevant accounllng pollcy.
12 Company slatus
The charity 1$ a Company Ilmited by guarantee. The members ol Iha company are Ihg Iruslges
named on page 1. In the event ol the charhy belng wound up, the Ilablllty In respect of the
guaranlae Is Ilmiled lo £10 per mgmb8r ol the charlty.
1.3 Income
A15 incom8 is recognisgd onee the charlly has entlilemenl lo Ihe Income, 11 is probable that the
irKomo ￿11 be rec8Ived and th8 amount ol Income recelvablo ¢an be measured reliably.
other Income 15 rècognSsed In the period in which 1118 receSvable and to the exlenl the goods have
bean provlded or on completion ol the Service.
1.4 Expendlturo
Expendllure Is recognised once there Is a lagal or conslruclive obligation lo Iransler econom1¢
benÉlil to a Ihlrd paty, il is probabl& that a transfgr ol economlc benefits ￿￿11 be requlred Sn
settlement and th& amount ol the obliualion can be measurgd rellably. ExpendlbJr81s cla$$lfied by
aCtI￿ty.
Costs ol ralslno fund8 are the direct costs Incurred In puttlng on the lundralsing events pul on by the
charlly.
Charitable actlvitles and Governance costs are costs Incurred on the charKls operallons, Including
5UPPgrt costs and costs relating to the governance ol the charity apportlon8d lo charitable actiwlle8.
Grants payable are ch￿ged In Ihe year when the offer Is made except in those cases where the
oller is condillonal, such grants bgino recognisod as gxpenditure when the conditions attachlng ar
fulfilled. Grants ollered subject lo conditions which havg not been mel al the year are noted as a
commilmgnl, bul not aGcwed as expenditure.
1.5 Debtors
Other debtors are recognlsed at lh9 Setderne￿ amount after any discount offered. Prepayment8 are
valued al the amount prepaid.
Page 8

STAR TRUST (EAST MIDLANDS) LIMITED
IA company Ilmlted by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023
ACCOUNTING POLICIES {contlnued)
1.6 Cosh at Bank
Cash at bank represents cash held in cutTeni acwunt lacilltle8.
1.7 Llabllitios
Llabllltlos are recognlsed when there Is an obllgalion al the Balance sheèt dal8 a8 a result of a past
event, It is probable that a transfer of economic bgnefii wlll be required In $8ttlomenl, and thè
amount ol the settlemènt can be eslimatgd rellably. Liabilities are rocoonlsed al the amount that the
charlty anliclpales il will pay to settle the debt or tho amount 51 ha8 received a8 advanced paymènts
lor the goods or 8eNlces11 must provlde.
1.8 FlnanclAI In•trumonts
The charlty only ha8 flnancial assets and Ilnanclal IlabS111ies of a klnd that quallfy as ba81c fSnarKlal
In8trumenl8. Yasic financial instrumonts are Initlally r0¢0Gnl8ed at Iran5actlon value and
¥ubsequenlly measur8d al Ihelr settlamenl value.
1.9 Fund accounllng
General funds arg unr8slricted funds whlch are avallable lor uso al the dSscrellon ol the trustees In
furtherance ol the gene1￿ oblecllves ol the charity and whlch have not baen designated lor other
purpos¢s.
FUNDRAISING INCOME
Unre•trlctod
fund4
2023
Total
fund8
2023
Tot81
funds
2022
Fundralsing events
182.027
182,027
105,534
Total 2022
105,534
105.534
Page 9

STAR TRUST {EAST MIDLANDS) LIMITED
(A company Ilmlted by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023
ANALYSIS OF EXPENDITURE BY EXPENDITURE TYPE
Other costs
2023
Total
2023
Total
2022
Expenditure on raising voluntary Income
64,296
64,296
56,728
Costs of rn18lng fund8
64.296
64,296
56,728
CharSlable actlv1119S
102,915
102,915
12,558
167,211
167,211
69,286
Tot812022
69,286
69,286
COSTS OF RAISING FUNDS
Unregtrlcted
lund•
2023
Totsl
lunds
2023
Total
lunds
2022
Fundralslng costs Incurred
64,296
64,296
56,728
rota12022
56,728
56,728
Page 10

STAR TRUST (EAST MIDLANDS) LIMITED
(A company limiled by gu•rantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023
ANALYSIS OF GRAP￿s
Grnntg to
In8titutlons
2023
Total
2023
Total
2022
Grants to organisalions
94,051
94,051
SLIPPORT COSTS
Total
2021
Total
2022
Accountancy
Other costs
Bank charg88
1,140
7,119
605
900
11,491
167
12,558
Tot812022
12,558
NET INCOMEIIEXPENDtfuRE>
Thls Is staled after charglng:
2023
20
IrKlependont examlnalion c08ts
1,140
During the ygar. no trustees recelved any remunerallon12022- £NILI.
During the year, no trusioes recelved any benefits in kind12022- £NILI.
During th8 year, no trustees received any relmbursemenl ol expenses12022- £NILI.
DEBTORS
2023
2022
Other debtor5
Page11

STAR TRUST (EAST MIDLANDS) LIMITED
(A company Ilmlted by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023
CREDITORS.. Amounts falllng due wlthln one year
2023
2022
Trade creditors
Accruals and deferred In¢om6
1,014
29,650
1,900
10,554
3Y,550
Deferrgd Income at th9 2023 yaar end was £nll12022- £nlll.
Page 12

STAR TRUST (EAST MIDLANDS) LIMITED
IA company limiled by guarantee)
NOTES TO THE FINANCIAL sTATEmE￿s
FOR THE YEAR ENDED 31 OCTOBER 2023
10. STATEMENT OF FUNDS
STATEMENT OF FUNDS- CURRENT YEAR
Balance al
1 Novembgr
2022
Balance at
31 October
2023
In¢offle Expendlture
Unre8trlctod fund8
Ggnoral Funds
52,537
182,027
1167,211)
67,353
STATEMENT OF FUNDS- PRIOR YEAR
8al8nc8 al
l November
2021
Balan¢8 81
31 Oclobei
2022
Incom8 Expendlturo
General Funds
16,289
105,534
{69,286)
52,537
Total ot fund8
16.289
105,534
{69,286)
52,537
SUMMARY OF FUNDS. CURRENT YEAR
Balan¢9 al
1 Novemb8T
2022
Balance at
31 October
2023
Incomo Expondlture
General funds
S2￿37
182,027
(167,2111
67,353
SUMMARY OF FUNDS. PRIOR YEAR
Balance al
l Novembei
2021
Balance al
31 Oclobei
2022
Income Expendituro
General funds
16.289
105,534
{69,286)
52,537
Page 13

STAR TRUST {EAST MIDLANDS) LIMITED
(A company Ilmlled by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023
ANALYSIS OF NET ASSETS BETWEEN FUNDS
ANALYSIS OF NET ASSETS BETWEeN FUNDS- CURRENT YEAR
Unre8trlcted
fund8
2023
Totsl
lunds
2023
Current assets
Credllors due wilhln one year
77,907
(10,554)
77,907
110.554)
67,353
67,353
ANALYSIS OF NET ASSEfs BETWEEN FUNDS- PRIOR YEAR
Unrestrtcled
lunds
2022
Total
fvnds
2022
Current assets
Creditors due wlthln one year
84.087
(31,550)
84,087
(31,550)
52,537
52,537
12. RELATED PARTY TRANSACTIONS
DurSng the y8ar purchase8 01 £4,241 12022 - £1,542) were made from Creallve Mlnds, a buslne8S
connected to S Warren. The balance outstanding on these transactions al the year end was a debtor ol
£40012022 - debtor of £4001 followlng an overpayment ol Involces, Ihls Is held wlthin tradg crgdilors. The
Iru518es ensure that all purchases are al mark&t value or dlscounted.
Page 14