Reglstered 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 2024

STAR TRUST (EAST MIDLANDS) LIMITED
(A company Ilmtted by guarantee)
CONTEKrs
Page
Referenc• and admlnlstratlvo detalls of th? charlty, its trustees and advlsers
Trustees, report
Independent examlneV8 report
Statemènt of f Inanclal actlvltles
Balance sheet
Notos to thg flnanclal ststemems
8-14

STAR TRUST (EAST MIDLANDS) LIMrrED
(A company Ilmited by guarantee)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARrrY, rrs TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 OCTOBER 2024
Truslees
L Cawdron
S Hampson
S Warren
Company reglstered
number
08536549
Charhy reglstered
number
1153928
Reglstsred office
Tower House
Lucy Tower street
Lincoln
LN11XW
Company s8cYotary
S Hampson
Accountan18
Streets LLP
Chartered Accountants
Tovrfgr House
Lucy Tower Street
Lincoln
LN1 1XW
Page 1

STAR TRUST IEAST UIDLANDS) LIMtfED
(A company Ilmitad by guarantee)
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 OCTOBER 2024
The trustees present their annua5 report together wth the financial statements of the charity for the year 1
November 2023 to 31 October 2024. The trustees confirm that the Annual Report and financial statements of the
company comply with the current statutory requirements, the requirements of the companls governing
document and the provistons of the Statement of Recommended Praclice (SORP), applicable to charities
preparing their accounts in accordance the Financial Reporting Standard a￿)I]cable in the UK and Republic
of Ireland (FRS 102).
Since the charity qualifies as small under seclion 383, the strategic report required of medium and large
companies under The Companies Act 2006 (straiegic Report and Directovs Report) Regulations 2013 is not
required.
Structure and governance
The Star Trust (East Midlands) Limited is an incorporated charity eslablished under the Articles of Association.
The company is limited by guarantee and has no share capital.
The trustees during the year and at 31 October 2024 were:
L Cawdron
S Hampson
S Warren
Trustees wll be recruited as and when required by the continuing trustees by way of personal invitation.
The trustees are mindful of their duties in connection with Ihe indu(Aion and training of new trustees and would
follow the guidelines set down by the Charity Commission. New ttustees would be referred to the Charity
Gommission website. They would be given copies of wevTrous period's accounts prior to their attendance at a
trustees. meeting and the founders woukl provide a backgmund briefiTVJ be available to answer any
questions.
The trLL8tees hav8 the abilty to invest funds as sel out in the Artides of Association.
Objectlves and actlvitles
Star Trust {East Midlands) Ltd is a charity based in the East Midlands, run by local business owners and
entrepreneurs, which support good causes across the region. UsirwJ our members, business expertise and
commercial initiative, we hold events throughout tt￿ year to rise money for locally-run charities that can often
struggle to secure public donations, simply because they lack the profile of national organisations.
The trustees shall hokl the ¢aFxtsI and income of the trL￿t fund upon trust and make donations to suc*J ¢harilable
institution or institutions at suth time or times and in such manners as to achieve the charrty objectives.
The trustees confirni that they have referred lo the guidan￿ contained in the Charity Commission's general
guidance on public benefit when reviewing the charitrfs ams and objectives and in planning future activities and
setting the grant making policy for the period.
Grants pollcy
The trustees have a general policy of seeking to support local charities vthich benefit the Derbyshire,
Nottinghamshire, Leicestershire, Lincolnshire and Rulland area so far as possible although this is not an
exclusive policy. The trustees are prepared to consider national appeals if they feel that these have real merit.
However, generally the Irustees would want to see a strong link to the local communiti8s in the East Midlands.
Page 2

srAR TRusf (EAST MIDLANDS) UMrrED
(A company Ilmited by guarantee)
TRUSTEES. REPORT {contlnued)
FOR THE YEAR ENDED 31 OCTOBER 2024
Flnanclal revlew and future actlvities
Income in the year amounted to £171.170 and is almost entirety comprised of tickets, pledges, raffle and auction
proceeds from th8 fundraising events held during the year.
Past and future events can be found on our website. Income is recorded as restricted where events are held for
a specrfie cause.
Details of donations paid are included in the notes to the accounts. The donations were to causes Ihat the
trustees felt were worthy of supporbng and which fuwilled the objeclrves of the charity.
Income exceeded resources exp8nded by £28,688. At 31 October 2024 the net assets of the charity were
£96,041.
Taxation
Star Trust (East MidlarKls> Limited is a registered charity and as such is exempt from taxation on its income and
gains to the extent that they are applied to its charitable purposes.
Golng Concern
After making appropriate enquiries, the trustees have a reasonable expectation that the charity has adequate
resources to continue in Operation￿ existen￿ for the foreseeable future. For Ihis reason they continue to adopt
the going concern basis in preparing the financial statements.
Reservos pollcy
The trustees are commÉtted lo donating the net income of the chartty over the medium temi. The charity
maintains sufficient reserves to continue to operale in the furtherance of its charitable objectives. Th8 trustges
aim lo hold reserves of approximalely £20,000.
Rlsk assessment
The trustees have carried out an overall rlsk assessment to identify ttie rBks associated with the operations of
the charlty and, where appropriate. have introduced controls and safeguards to minimise the effects of those
risks.
Page 3

srAR TRUST (EAsf MIDLANDS) LIMITED
(A company limited by guarantse)
STATEMENT OF FINANCIAL ACTMTIES INCORPORATING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 OCTOBER 2024
Unresirlcied
funds
2024
Total
turKIs
2024
Total
funds
2023
Note
INCOME FROM:
Other trading acthAties:
Fundraising
171.170
171,170
182,027
TOTAL INCOME
171,170
171,170
182.027
EXPENDITURE ON:
Ralslng funds
Charitable actlvities
59,623
82,859
59,6Y3
82,859
64,296
102,915
TOTAL EXPENDITURE
142,482
142.482
167,211
NET INCOME BEFORE OTHER RECOGNISED GAINS AND
LOSSES
NET W&OVEMENT IN FUNDS
21688
28.688
28,688
28,688
14,816
14,816
RECONCILIATION OF FUNDS:
Total funds brought fornard
67.353
67.353
52.537
96,041
96,041
67.353
TOTAL FUNDS CARRIED FORWARD
The notes on pages 8 to 14 fomi part of these financial statements.
Page 6

STAR TRUST (EAST MIDLANDS) UMITED
(A ￿mPaTry limited by guarantee)
TRUSTEES, REPORT (continued)
FOR THE YEAR ENDED 31 OCTOBER 2024
Trustees. Responsibilitles Statement
The trustees (who are also directors of Star Trust {East Midlands) Limited for the purposes of company law) are
responsible for weparing the trustees, report and the financial statements in accordance with applicable law and
United ￿'ngdorn Accounting Standards (United lfjngdom Generally Accepted Accounting Practice).
Company law requires the trustees to prepare financtal statements for each financaal year. Under company law
the trustees must not approve the financtal slatements unless they are satisfied that they give a true and fair view
of the state of affairs of the charitable company and of the incoming resources and application of reSoUr￿s,
including the income and expenditure, of the charitaAe company for that period. In preparing these financial
statements, the trustees are required lo:
select suitable accounting policies and then apply them consislently;
observe the meth(xJs and principles in the Charittes SORP;
make judgments and accounting estimates that are reasonable and prudent,.
prepare the financial statements on the going concem basis unless tt is inappropriate to presume that the
charitable company will continue in operation.
The truslees are responsible for keeping adequate accounling records that are sufficient to show and explain Ihe
charitable companys transactions and disclose with reasonable accuracy at any time the financial position of the
charitable Company and enable them to ensure that the financial statements Comply with the Companies Acl
2006. They are also responsible for safeguarding the a&sets of the charitable company and hence for taking
asonable steps for 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 to the small
companies exemption.
This report was approved by the trustees
1310512025
arKI signed on their behalf by.
S Hampson
Trustee
Page 4

STAR TRUST (EAST UIDLANDS) UMITED
(A company Ilmlted by guarantefr)
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 OCTOBER 2024
INDEPENDENT EXAIIINER'S REPORT TO THE TRUSTEES OF STAR TRUST (EAST MIDLANDS) LIMITED
(the 'charlty)
I report to the charty trustees on my examination of the accounts of the charity for the year ended 31 October
2024.
This report is made solely to the charity's trustees, as a body. in accordance with Part 4 of the Charltles
{Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state lo the charitvs
trustees those matters l am required to state to Ihem in an Independent èxamlner's report and for no olher
purpose. To the fullest extent permitted by law, I do not accept or assume responslbility to anyone other than the
charity and the charitys trustees. as a body, lor my work or for this report.
RESPONSIBIUTIES AND BASIS OF REPORT
As the trustees of the t*arity (and Its directors for the purposes of company law) you are responsible lor the
preparatlon of the accounts in accordanc8 Imth the requirements of th8 Companles Act 2006 ('the 2006 Act,).
Having satlslled myself that the accounts of th6 charity arè not required to be audited undar Part 16 of the 2006
Aci and are eligfole for Independent examination, I report In resped of my examlnaiion of the charIt￿S accounts
arried out Ur￿er section 145 of the Charities Act 2011 (Yhe 2011 ACV). In cartying out my examlnation I have
followed the Directions given by the Charity Commission under section 145(5}{b) of the 2011 Act.
INDEPENDENT EXAMINER'S STATEMENT
I have completed my examination. I can confinn that no matters have come to my attent￿n in connection wilh
the examlnatlon glvlng me cause lo believe:
accountlng records were not kept In respecl of the charity as r8qulred by section 386 of the 2006 Act,. or
the accounts do not accord wlth those records. or
th8 accounts do not comply wlth the accounting requirements of section 396 of the 2008 Act other than
any requirement that the accounts give a ￿u8 and fair view which is not a matter consid8r8d as part of
an independent examination", or
the accounls have not been prepared in accordance with the methods and principles of the Statement of
Recommended Practice for accounting and reporting by charities [applicable to charities preparing their
accounts in accordance wilh the Flnandal Reporting Slandard applicable In the UK and Republic of
Ireland {FRS 102)].
I have no concems and have come across no other matters in conneciion with the examination to which
attention should be drawn in this report In order to enable a proper understanding of the accounts to be reached.
Signed:
Dated: 1610512025
Robert Anderson FCA
Sireets LLP
Tower Hous8
Lucy Tower Slreet
ncoln
LN1 1XW
Page 5

STAR TRUST (EAST MIDLANDS) LIMITED
(A company Ilmlled by guarante0>
REGISTERED NUMBER: 08536549
BALANCE SHEET
AS AT 31 OCTOBER 2024
2024
2023
CURRENT ASSETS
Debtors
Cash at bank and in hand
14,457
77,907
77,907
CREDrroRS: amounts falling due within
one year
(5,070)
(10,554)
NET CURRENT ASSETS
96,041
67,353
NEf ASSETS
96,041
87,353
CHARITY FUNDS
Unreslricled funds
10
96,041
67,353
TOTAL FUNDS
96041
67,353
The charitys financlal statements have been prepared in accordance with Ihe provistons applicable to
companies subject to the small companies regime.
The trustees consider that Ihe charity is entitted to exemption from the requirement to have an audlt under the
provisions of section 477 of the Companies Act 2006 {'Ihe Acl.) and members have not required the charlty to
obtain an audit for thè year in question in accordanc8 s8etion 476 of th& Act.
The trustees acknowledge their responslbilities for complying with the requirements of the Companles Act 2006
with respect lo accounting records and the preparation of financ'al statements.
The financial statements were approved
signed on their bo
alf, by:
orised for issue by the trustees on
1310512025
and
S Hampson
Truslee
The notes on pages 8 to 14 form part of these financial statements.
Page 7

STAR TRUST (EAST MIDLANDS) UMITED
(A eompany limited by guarantee)
NOTES TO THE FINANCIAL STATEMEPUS
FOR THE YEAR ENDED 31 OCTOBER 2024
ACCOUNTING POUCIES
1.1 Basls of preparation of flnanclal statements
The financial stalements have been prepared in accordance wilh Accounting and Reporting by
Charities: Statement of Recommended Practice applicable to charities preparing thelr accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republlc of Ireland {FRS
102) {effeclive 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard
applicable in the UK and Republic of Ireland {FRS 102) and the Companies Act 2006.
Star Trust (East Midlands) Limited meets the definition of a public benefil entty under FRS 102.
Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise
stated in the relevant accounting policy.
1.2 Company sLths
The charity is a company limited by guarantee. The members of th8 company are the trustees
named on page 1. In the event of the chaiity being wound up, Ihe liability in respect of the
guarantee is limiled to £10 per member of the charity.
1.3 Income
All income is recognised On￿ the charity has enlitlement to the income, it is probable that th8
income wll be received and the amount of income receivable can be measured reliably.
Other income is recognised in the period in it is receivabl8 and to the extenl the goods have
been provrded or on comFAetion of the service.
1.4 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic
benefit to a third party, it is probable that a transfer of economlc beneftts will be required in
settlement and the amount of the obligation can be measured reliably. Expenditure is Glassified by
actFVity.
Costs of raising funds are the Ifirect costs incurred in wtting on Ihg fundraising events put on by the
charity.
Charitable actiwties and Govemance costs are (x)sts incurred on the chariws operations, including
SUPFM)rt costs and costs relating to the govemance of the charity apporttoned to charitable activities.
Grants payable are charged in the year when the offer Is made except in those cases where the
offer is conditional, such grants being recognised as expeTKliture when Ihe conditions attaching are
fulfilled. Grants offered subject to conditions which have not been met at the year end are noted as a
commitment, but not accrued as expenditure.
1.5 Deblors
Other debtors are recognised at Ihe settlemenl amount after any discount offered. Prepayments are
valued at the amount wepaid.
Pag8 8

STAR TRUST {EAST DAIDLANDS) UMITED
(A company Ilmlled by guarnntee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
ACCOUNTING POUCIES (contlnued)
1￿ Cash at Bank
Cash at bank represents cash held in curront account facilitles.
1.7 Llabllltles
Liabilities are recognised when there is an obllgation al the Balance sheet date as a result of a past
ev8nt, It is probabl8 that a transfer of economic benefit will be required In settlement, and the
amount of the settlement can be estimated reliably. Liabilltles are recognised at the amount that the
charity anticipates it will pay to setde the debt or the amount it has received as advanced payments
tor the goods or services It must provide.
1.8 Flnanelal Instrumen18
The charity only has financial assets and financial Ilabllitles of a kind that quallfy as basic financial
inslrumenls. Basic financial instruments are initially recognised at transaction value and
subsequently measured at their selllement value.
1.9 Fund accounllng
General funds are unrestricted funds which are avallable for use at the dlscretion of the trustses in
furtherance of the general objectives of Ihe charity and which have nol been dgsignated for other
purposas.
FUNDRAISING INCOME
Unrnstrictsd
funds
2024
Total
funds
2024
Total
fvnds
2023
Fundraising events
171,170
171,170
182,027
Total 2023
182.027
182,027
Page 9

STAR TRUST (EAsf MIDLANDS) LIMITED
(A company Ilmited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
ANALYSIS OF EXPENDrruRE BY EXPENDrruRE TYPE
Total
2024
Total
2Q23
2024
Expenditure on raising voluntary Income
59,623
59,623
64,296
cO￿S of ralslng funds
59,623
59,623
64.296
Charitable a¢￿vItIeS
2,859
82,859
102,915
141482
141482
167,211
Total 2023
167,211
167,211
COSTS OF RAISING FUNDS
Unregtrlcted
nds
2024
Total
funds
2024
Total
funds
2023
FundraSsing costs incurred
59,623
59,623
64,296
Tot812023
64,296
64,296
Page 10

STAR TRUST {EAST MIDLANDS) LIMITED
(A company limlted by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
ANALYSIS OF GRANTS
Grants to
Instltutlons
2024
Total
2024
Total
2023
Grants to organisations
66.374
66,374
94,051
Total 2023
94.051
94,051
SUPPORT COSTS
Total
2021
Total
2023
Accountancy
Other costs
Bank charges
1.200
14,415
870
1, 140
7.119
605
16.485
8,864
Total 2023
8.864
NET INCOMEI(EXPENDITURE}
This is stated after chargIr￿.
2024
2023
Indep8ndent 8xamination costs
1,200
1, 140
During the year, no trustees received any remuneration (2023 - £NIL).
During the year, no trustees received any benefits in kind (2023 - £NIL).
During the year, no trustees received any reimbursement of expenses (2023 - £NIL}.
DEBTORS
2024
2023
Other debtors
14,457
Page11

STAR TRUST (EAST MIDLANDS) LIMrrED
(A company limlted by guarantse)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
CREDITORS: Amounts falllng due wlthln one year
2024
2023
Trade creditors
Accruals and def8rr8d income
2,570
2,500
1,014
9,540
5,070
10,554
Dafèrred income at th8 2024 ￿ar and was £nll (2023 - £nil).
Page 12

STAR TRUST (EAST MIDLANDS) LIMITED
(A company Ilmlted by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
10. STATEMENT OF FUNDS
STATEMENT OF FUNDS- CURRENTYEAR
Balance at
1 November
2023
Balance at
31 October
2024
Income Expendilure
Unreslrlcted funds
Gen&ra] Funds
67,353
171.170
(142,482)
96.041
STATEMENT OF FUNDS- PRIOR YEAR
Balance al
l November
2022
Balance al
31 October
2023
Income Expenditure
General Funds
52,537
182,027
(167,21 IJ
67,353
Total of funds
52,537
182.027
(167,211)
67,353
SUMMARY OF FUNDS- CURREKf YEAR
Balance al
1 November
2023
Balance at
31 October
2024
Income Expenditure
G8n8ral funds
67,353
171,170
(142,482)
96.041
SUMMARY OF FUNDS- PRIOR YEAR
Balance al
l November
2022
Balance al
31 Octobei
2023
Income Expenditure
General funds
52.537
182,027
(167,211)
67.353
Page 13

STAR TRUST (EAST MIDLANDS) UDArrED
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
11. ANALYSIS OF NEf ASSEfs BEfwEEN FUNDS
ANALYSIS OF NEf ASSETS BEfwEEN FUNDS- CURREKf YEAR
Unrestrlcied
funds
2024
Total
funds
2024
Current assets
Creditors due within one year
101,111
{5.070)
101,111
(5,070)
96,041
96,041
ANALYSIS OF NEf ASSEfs BEfwEEN FUNDS- PRIOR YEAR
Unrestricte(Y
funds
2023
Total
funds
2023
Current assets
Creditors due vmthin one year
77,907
(10,554)
77,907
(10.554)
67,353
67,353
11 RELATED PARTY TRANSACTIONS
During the year purchases of £4,490 {2023 - £4.421} were made from Creative Minds, a business
connected to S Warren. The balance outstanding on those transactions at thg year end was £Nil (2023 -
debtor of £400). The trustees ensure Ihat all purchases are al market value or discounted.
Page 14

Reglstered number: 08536549
Charlty number: 1153928
STAR TRUST (EAST MIDLANDS) LIMITED
(A company limiled by guarantee)
UNAUDITED
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

srAR TRUST (EAsf MIDLp￿DS) ukqrrED
(A company Ilmlted by guarantee)
Col¥rE￿rS
Page
Reference and admlnlslrative details of the charlty, Ils trustees and advlsers
Truslees. report
Independent examiner's report
statement of financial aciivltles
Balance sheet
Notes to the financlal stalements
8-14

STAR TRUST (EAsf MIDLANDS) UMITED
(A company Ilmlted by guarante8)
REFERENCE AND ADMINISTRATIVE DEfAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 OCTOBER 2024
Trustees
L Cawdron
S Hampson
S Warren
Company registered
number
08536549
Charlty registered
number
1153928
Registered off tce
Tower House
Lucy Tower Street
Lincoln
LN1 1XW
Company secretary
S Hampson
Accountants
Streets LLP
Chartered Accountants
Tower House
Lucy Tower Street
Lincoln
LN1 1XW
Page 1

STAR TRIIST {EAsf PAIDLANDS) LIMrrED
(A company Ilmited by guarantee)
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 OCTOBER 2024
The trustees present thelr annual report logether with the financial statements of the charity for Ihe Ye￿ 1
November 2023 to 31 October 2024. The trustees ¢onfinn that the Annual Report and financial statements of the
company comply with Ihe current statutory requirements. the requirements of the companys governing
document and the provisions of the Statement of RecommerKled Practtce (SORP). applicable to charities
preparing their accounts in aco)rdance with the FInar￿la] Reporting Standard applicable in Ihe UK and Republic
of Ireland (FRS 102).
Since Ihe charity qualifies as small urwjer section 383, the strategic report rewired of methum and large
companies under The Companies Act 2006 (Strategic Report atKI Directors Report) Regulations 2013 is not
required.
Structuro and governance
The Star Trust (East Midlarrtls) Limited is an incorpx)rated charity established under th8 Articles of Association.
The company is limited by guarantee arKI has no share captal.
The trustees during the year and at 31 Octob8r 2024 were:
L Cawdron
S Hampson
S Warren
Trustees be recruited as arKI when required by the corrttnuing trustees by way of personal invitation.
The trustees are mindful of their dulles in connection with the induction and training of new trustees and would
follow the guidelines set down by the Charity Commission. New trustees would b8 referred lo Ihe Charity
Commission website. They would be given copies of previous periocfs accounts prior to their attendance at a
trustees. meeting and the founders vnuld proifjde a background Ixiefiro and be available to answer any
questions.
The trustees have the ability to invest funds as set c￿t in the Athles of Association.
Objectlves and aclivities
Star Trust (East Midland5) Ltd is a charity based in the East kr￿landS, run by local business owners and
entrepreneurs, which support gocKI causes across the region. Using our members. business expertise and
commercial initiative. we hotd events Ihroughout the year to raise money for locally-run charities that can often
struggle lo secure public donations, simply because they lack the profile of national organtsations.
The trustees shall hold the capital arKI in(x)me of the trust fund uw)n trust and make donations to such chariiable
institution or institutions al such time or times and in such manners as to achieve the charty objectives.
The trustees confirm that they have referred to the guidan￿ contained in the Charity Commission's general
guidance on public benefit when reviewing the Chari￿s aims and [*)j￿ttVeS atKJ in planning future actiwties and
setting the grant making poI￿Y for the pertod.
Grants pollcy
The trustees have a genera] policy of seekiThJ Io SUPFY)rt local charilies which benefit the Derbyshire,
Nottinghamshire, Leicestershire, Lincolrtshire and Rutland area so far as ￿ssIble although this ￿ not an
exclusiv8 policy. The trustees are prepared to consider nalional appeals rf they feel that these have real merit.
However. generally the trustees Y￿uld warrt to see a strow link to the local communities in the East Midlands.
Page 2

STAR TRUST (EAsf MIDLANDS) LIMITED
(A company Ilmoted by guarantee)
TRUSTEES, REPORT (continued)
FOR THE YEAR ENDED 31 OCTOBER 2024
F5nancial review and fLiiure actlvl
Income in the year amounted lo £171,170 and is almost entirely comprised of tickets, pledges, raffle and auction
proce8ds from the fundraising events held during Ihe year.
Past and future events can be found on our website. Income is recorded as restricted wh8re evertts are held for
a specific cause.
Detsils of donations paid are included In th8 notss to the accounts. The donakn'ons were to causes that tha
trus18es felt were worthy of supporting and which fulfilled the objectives of the charity.
Income exceeded resources expended by £28,688. At 31 October 2024 the net assets of th8 charlty were
£96,041.
Taxatlon
Slar Trust (East Mldlands) Limited ￿ a registered charity and as such is exempt from taxation on tt8 income and
gains to the extent that they are applied to its charitable purw)ses.
Golng Concem
After making appropriate enquiries, the trustees have a reasonable expectstion Ihat Ihe charity has adequate
resources to continue in operational existence for the foreseeable futur8. For thls reason they contlnue to adopt
the going concern basis in preparing the financial slatemenls.
Reserves pollcy
The trustees are committed to donating the net income of the charity over the medium term. The charity
malntains sufficient reserves to continue to operate In the furth8ranc8 of its charilable objectlves. The trustees
aim to hold reserves of approximately £20,000.
Risk assessment
The trustees have carried out an overall risk assessment to thntlty Ihe risks associated with Ihe operatlons of
the charity and, where appropriate, have introduced controls and safeguards to mlnimise Ihe effects of those
risks.
Page 3

STAR TRUST (EAST MIDLANDS) LIMITED
(A company Ilmlted by guarantee)
TRUSTEES, REPORT (contlnued)
FOR THE YEAR ENDED 31 OCTOBER 2024
Trustees. Responsibilities Statement
The trustees (who are also directors of Star Trust (East Midlands) Limited for the purposes of company law) are
responsible for preparing Ihe truslees. report and the financial slatements in accordance with applicable law and
United Kingdom Accounting Standards (United Kingdom Generally Accepied Accounting Practice).
Company law requires the trustees to prepare financial statements for each financial year. Under company law
the trustees must not approve the financial statements unless they are satisfied that they give a Irue and fair view
of the state of affairs of the charitable company and of the incoming resources and application of resources,
including the income and expenditure. of the charitable company for that period. In preparing these financial
statements. the trust88s are required to:
select suitable accounting policies and then apply them consistentl￿,
observe Ihe methods and principles in the Charities SORP;
make judgments and accounting estimates that are reasonable and prudent.,
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the
charitable company will continue in operation.
The truslees are responsible for keeping adequate accounting records that are sufficient to show and explain the
charitable CoMpan￿S transactions and disclose with reasonable accuracy at any time the financial position of the
charitable company and enable them to ensure that the financial statements comply with the Companies Act
2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking
reasonable Steps for the prevention and delection of fraud and other irregularities.
Small Company Provislons
This report has been prepared in accordance wit
companies exemption.
provisions applicable to companies entitled to the small
This report was approved by t
ustees on
and signed on their behalf by:
S Hampson
Trustee
Page 4

STAR TRUST (EAsf MIDLANDS) LIMITED
(A company limlted by guarantee)
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 OCTOBER 2024
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF STAR TRUST {EAST MIDLANDS) LIMITED
(Ih8 'charlty')
I report to the charlty trustees on my examination of the accounts of the charity for the year ended 31 October
2024.
This report is made solely to the charivs trustees, as a body, in accordance ￿ryth Part 4 of the Charities
(Accounts and Reports) Regulations 2008. My work has been undertaken so Ihat I might state to the charitys
trustees those matters l am required to state to them in an Indapendent examiner's report and for no other
purpose. To the fullest extent permitted by law, I do not accept or assume responslbility to anyone other Ihan the
charity and the charity's trustees, as a body, tor my work or tor this report.
RESPONSIBILITIES AND BASIS OF REPORT
As the trustees of the charty (and its directors for the purposes of company law} you are responsible for the
preparation of the accounts in accordance with the requirements ol the Companies Act 2006 ('the 2006 Act,).
Having satislied myself that the accounts of the charity are not required to be audited under Part 16 of the 2008
Act and are eligible for independent examination, I report in respect of my examination of the charity's accounts
carried out under section 145 of the Charities Act 2011 {'the 2011 Acl,). In carrying out my examination I have
followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
INDEPENDENT EXAMINER'S STATEMENT
I have completed my examination. I can confirm that no matters have come to my attention in connection with
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 of section 396 of the 2006 Act other than
any requirement that Ihe accounts give a 'true and fairf view which is not a matter considered as part of
an independent examinalion; or
the accounts have not been prepared in accordance with the methods and principles of the Statement of
Recommended Practi￿ for accounting and reporhng by charities [applicable to charities preparing their
accounts in accordance with the Financial Reporting Slandard applicable in the UK and Republic of
Ireland (FRS 102)].
I have no COn￿rnS and have come across no other matters in connection with the examination to which
attention should be drawn in this report in order to enable a proper understanding of the accounls to be reached.
Signed:
Datsd:
Robert Anderson FCA
Streets LLP
Tower House
Lucy Tower Street
Lincoln
LN11XW
Page 5

srAR TRUST IEAST MIDLANDS) uMrrED
(A company limtted by guarante8)
STATEMENT OF FINANCIAL ACTIVITIES INCORPORATING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 OCTOBER 2024
Unrestrlcted
funds
Tolal
funds
2024
Total
funds
2023
Nole
INCOME FROM:
Other trading activities:
Fundralslng
171,170
171,170
182,027
TOTAL INCOME
171,170
171.170
182,027
EXPENDITUREON:
Raising funds
Charitable activitles
59,623
82,859
59,623
82,859
64,296
102.915
TOTAL EXPENDITURE
141482
142,482
167,211
NET INCOME BEFORE OTHER RECOGNISED GAINS AND
LOSSES
NET MOVEMETrTf IN FUNDS
28.688
28,688
28,688
28,688
14,816
14,816
RECONCILIATION OF FUNDS:
Total funds brought forward
67,353
67.353
52,537
91041
96,041
67,353
TOTAL FUNDS CARRIED FORWARD
The notes on pages 8 to 14 form part of these finan(xal swements.
Page 6

STAR TRUST (EAST MIDLANDS) LIMrrED
(A company Ilmlled by guarantee)
REGISTERED NUMBER: 08536549
BALANCE SHEET
AS AT31 OCTOBER 2024
2024
2023
Note
CURRENT ASSETS
Debtors
Cash at bank and in hand
14457
86,654
77,907
101,111
77,907
CREDITORS: amounts falling due within
one year
(5,070)
(10,554)
NET CURRENT AssErs
96,041
67,353
NET Assgrs
96,041
67,353
CHARITY FUNDS
Unrestricled funds
10
96,041
67,353
TOTAL FUNDS
96,041
67,358
The charStys financlal statements have been prepared in accordance with the provisions appllcable to
companies subject lo the small companies regime.
The trustees consider that the charity Is entltled to exemption from the requirement to have an audit under the
provlslons of sectlon 477 of the CompanTes Act 2006 (￿h8 Act.) and members have not required the charity to
obtain an audit for the year In questlon In accordance wlth secllon 476 ot th8 Act.
The trustees acknowledge their responsibilities f
complying with the requirements of the Gompanies Act 2006
wilh respect to accounting records and t
paratlon of financial statemenls,
The financlal statements wer
signed on their behalf, by.
roved and authorised for issue by the trustees on
and
S Hampson
Truste8
The notes on pages 8 to 14 fonn part of these financial statements.
Page 7

srAR TRUST (EAsf MIDLANDS) UMITED
(A company Ilmlted by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
ACCOUNTING POLICIES
1.1 Basls of prepardllon of financial statements
The financial stalements have been prepared in accordance with Accounting and Reporting by
Charities: Ststement of Recommended Practice applicable lo charities preparing their accounts in
accordance with the Financial ReportiThJ Standard applicable in the UK and Republic of IreLqnd (FRS
102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial ReportirKJ Standard
applicable in the UK and Republic of Ireland (FRS 102) arKJ the Companles Act 21Xi6.
Star Twst (East Midlands) Limited meets the definition of a public benefft entity under FRS 102.
Assets and liabilities are initially recognised at hislortcal cost or transaction value unless other4ViSO
stated in the relevant accounting tx)licy.
1.2 Company status
The charity rs a company limited by guarantee. The members of the company are the trustees
named on page 1. In the event of the charty beirYJ wound up. th8 liability in respect of the
guarantee is limited to £10 per member of the charty.
1.3 Income
Ail income is r￿n]Sed once the charity has enlitlement to Ihe income, it is probable that the
Ir￿ome will be recaved and the amount of income receivable can be measured relhably.
Other income is recxgnised in the period in which El is re￿1vable and to the extent the goods have
been provided or on complet￿n of the service.
1A Expendlture
Expenditure is recognised once there is a legal or constructive obligation to transfer economlc
benefit lo a third paty, It is probable that a transfer of economic benetits will be required in
settlement and the amount of the obligatson (xn be measured reSiably. Expenditure is G￿lfied by
activ5ty.
Costs of raising funds are the direct Costs Incurred in wlliThJ on the fundrak8ing events put on by the
charity.
Charitable actmties aTKI Governan￿ costs are costs incurred on the charity's operations, including
SUPFX)rt costs and costs relating lo the governance of the charity apportioned to charitable actimties.
Grants payable are charged in the year when the olfer is made except in those cases where the
offer is conditional, such grants being recognised as expenditure when the conditions attaching are
fulfilled. Grants offered subject to conditions which hav8 not been met at the year end are noted as a
commttment, Iwt not accrued as eXpe￿IllUre.
1￿ Debtors
Other debtors are recognised at the setuemenl amount after any (fjscount offered. Prepayments are
valued at the amount prepaKI.
Page 8

STAR TRUST (EAST MIDLANDS) LIMITED
(A company Ilmlted by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
ACCOUNTING POLICIES (contlnued)
1.6 Cash at Bank
Cash at bank represents cash held in current account facilities.
1.7 Liabilitles
Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past
event, it is probable that a transfer of economic benefit will be required in settlemenl, and the
amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the
charity anticipates it will pay lo settle the debt or the amount it has received as advanced payments
for the goods or services it must provide.
1.8 Flnanclal Instruments
Th8 charity only has financial assets and financtal liabililies of a kind that qualify as basic financial
instruments. Basic financial instruments are initially recognised at Iransaction value and
subsequently measured at their settlement value.
1.9 Fund accountlng
General funds are unrestricted funds which are available for use at the discretion of the trustees in
furtherance of the general objectrves of the charity and which have not been designated for other
pury)oses.
FUNDRAISING INCOME
Unrestrlcied
funds
2￿24
Total
funds
2024
Total
funds
2023
Fundraising everrts
171,170
171,170
182,027
Total 2023
182.027
182,027
Page 9

STAR TRUST (EAST MIDLANDS) UMITED
(A company limited by gUara￿ee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
ANALYSIS OF EXPENDITURE BY EXPENDITURE TYPE
Other costs
2024
Total
2024
Total
2023
Expenditure on raising voluntary income
59,623
59,623
64.296
Costs of ralslng funds
59,623
59,623
64,296
Charitable activities
82,859
102.915
142,482
142.482
167,211
Total 2023
167,211
167.211
COSTS OF RAISING FUNDS
Unrestrlcted
funds
21r24
Total
funds
2024
Total
fvnds
2023
Fundraising costs incurred
59,623
59,623
64.296
Total 2023
64,￿6
64,296
Page 10

STAR TRUST (EAST MIDLANDS) LIMrrED
(A company Ilmlted by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
ANALYSIS OF GRAtrirs
Grants to
Instltulions
2024
Total
21Y24
Total
2023
Grants to organisations
374
66,374
94.051
Total 2023
94,051
94,051
suppoKr COSTS
Total
2021
Total
2023
Accountancy
Other costs
Bank charges
1.200
14.415
870
1,140
7.119
605
16A85
8.864
Tota120Z3
8,864
NEf INCOMEI{EXPENDrruRE)
This ts stated after charging".
2024
2023
Independent examination costs
1,200
1, 140
During the year. no Irustees received any remuneration (2023 - £NIL).
During the year, no trustees received any benefits in kirKJ (2023 - £NIL).
During the year. no trustees received any reimbursement of expenses (2023 - £NILI.
DEBTORS
2024
2023
Other debtors
14,457
Page11

STAR TRusf (EAST MIDLANDS) LIMITED
(A company IlmSted by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
CREDITORS: Amounts falllng due wlthln one y
2024
2023
Trade creditors
Accwals and deferred income
2,570
2,500
1.014
9,540
5.070
10,554
Deferr&J income at the 2024 year end was £nil (2023 - £nil).
Page 12

srAR TRUST (EAST MIDLANDS) LIMrrED
(A company Ilmited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
10. STATEMENT OF FUNDS
STATEMENT OF FUNDS- CURRENT YEAR
Balance at
1 November
2023
Balance at
31 October
2024
Income Expendllure
Unrestrlcted lund8
General Funds
67A53
171,170
(142,482)
96,041
STATEMENT OF FUNDS. PRIOR YEAR
Balance ai
l November
2022
B81ance al
31 October
2023
Income Expendlture
General Funds
52,537
182.027
(167,211)
67,353
Total of funds
52,537
182,027
(167,211)
67.353
SUMMARY OF FUNDS- CURRENT YEAR
Balance at
1 Novernber
2023
Balance at
31 October
2024
Incomo Expendlture
General funds
67,353
171,170
(142,482)
98,041
SUMMAgY OF FUNDS- PRIOR YEAR
Balan￿ al
l November
2022
Balance al
31 October
2025
Income Expenrfiture
General funds
52.537
182.027
(167,211)
67,353
Page 13

STAR TRUST (EAST MIDLANDS) UMITED
(A company Ilmlled by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
11. ANALYSIS OF NEf ASSEfs BEtWEEN FUNDS
ANALYSIS OF NET ASSETS BETWEEN FUNDS- CURRETrif YEAR
Unrestrlcted
lunds
2024
Total
lunds
2024
Current assets
Creditors due within one year
101.111
(5.070)
101,111
(5,070)
96,041
96,041
ANALYSIS OF NEf ASSETS BETWEEN FUNDS- PRIOR YEAR
Unrestricted
funds
2023
Total
funds
2023
Current assets
Creditors due withln one year
T7,907
(10,554)
77.907
(10,554)
67.353
67,353
12. RELATED PARTY TRANSACTIONS
During the year purchases of £4,490 (2023 £4,421) were made from CrealtV8 Minds. a business
connected to S Warren. The balance outstanding on these transactions at the year end was £Nil {2023 -
debtor of £400), The trustees ensure that all wrchases are at market value or discounted.
Page 14