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 2022people to make tax deductible donations to help us expand our work. The Melbourne Newsboys Club Ltd is the Trustee Company20222021for the Newsboys Foundation Trust. $$ Melbourne Newsboys Club Ltd (A Company Limited byDonations121,850 10,660Guarantee) ACN 163 764 814 Dividend and distribution revenue 10,7046,159As Trustee for the Newsboys Foundation Trust Interest revenue6950Commission rebate-59Melbourne Newsboys Club Ltd Directors Total revenue132,62316,928W. Brind Zichy-Woinarski KC, LLB (Hons)ChairmanMichelle Collins B Arts, B Com, CATreasurer Allocations to community youthPenny J Campbell DipEd organisations(70,000)(35,000)David C Coombes LLB, M Tax, CTAClementine Hay B Arts, B Bus (appointed 2/12/21) Operating expenses(299)(579)Deryk Stephens B Com, FCPA(resigned 2/12/21)Gain/(Loss) on investments as financialMelbourne Newsboys Club Ltd Company Secretary asset measured at fair value throughSandra J Shaw BSW MBA profit or loss18,9262,370 Note, Director and Company Secretary biographies are on pagesProfit/(loss) for the year81,250(16,280)18 to 21 of the Annual Report.Other comprehensive income for the year Total comprehensive income/(loss)for the year81,250(16,280)The financial statements with accompanying notes are available to members at their request. Newsboys Foundation Trust Statement of Financial Position as at 30 June 2022Notes20222021$$Current assets Cash on deposit93,49430,000Other receivables2,3711,605Total current assets95,86531,605 Non current assets Other financial assets2244,271227,281Total non current assets244,271227,281Total assets340,136258,886Net assets340,136258,886Equity Retained earnings340,136258,886Total Equity340,136258,886The financial statements with accompanying notes are available to members at their request.NEWSBOYS FOUNDATION ANNUAL REPORT 202225'