b'NEWSBOYS FOUNDATION TRUST FINANCIAL REPORTNewsboys Foundation Trust Newsboys Foundation Trust Statement of Comprehensive Income The Newsboys Foundation Trust has been established to enableFor the year ended 30 June 2019people to make tax deductible donations to help us expand our work. The Melbourne Newsboys Club Ltd is the Trustee Company20192018for the Newsboys Foundation Trust. $$ Melbourne Newsboys Club Ltd (A Company Limited byDonations3,800 3,100Guarantee) ACN 163 764 814 Dividend and distribution income15,73712,128As Trustee for the Newsboys Foundation Trust Interest income1,3621,438Gain on investments as financialMelbourne Newsboys Club Ltd Directors asset measured at fair valueW. Brind Zichy-Woinarski QC, LLB (Hons)Chairman through profit or loss20,137-Michelle Collins B Arts, B Com, CATreasurer Total income41,03616,666Penny J Campbell DipEdDavid C Coombes LLB, M Tax, CTA Allocations to community youthDeryk Stephens B Com, FCPAorganisations(10,750)(11,000)Operating expenses(223)(63)Melbourne Newsboys Club Ltd Company Secretary Profit for the year30,0635,603Sandra J Shaw BSW MBAOther comprehensive income Note, Director and Company Secretary biographies are on pagesItems that may be reclassified24 to 27 of the Annual Report. subsequently to profit or loss:- Impairment of assets-(5,208)Other comprehensive incomefor the year -(5,208)Total comprehensive income for the year30,063395The financial statements with accompanying notes are available to members at their request.Newsboys Foundation TrustStatement of Financial Position as at 30 June 2019 Notes20192018$$Current assets Cash on deposit71,57375,264Other receivables6,0502,683Total current assets77,62377,947Non current assets Other financial assets2215,053184,666Total non current assets215,053184,666 Total assets292,676262,613 Net assets292,676262,613Equity Retained earnings292,676263,310Investment revaluation reserve-(697)Total equity292,676262,613The financial statements with accompanying notes are available to members at their request.30NEWSBOYS FOUNDATION ANNUAL REPORT 2019'