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 2023people to make tax deductible donations to help us expand our work. The Melbourne Newsboys Club Ltd is the Trustee20232022Company for the Newsboys Foundation Trust. $$ Melbourne Newsboys Club Ltd (A Company Limited byDonations62,700121,850 Guarantee) ACN 163 764 814 Dividend and distribution revenue22,54310,704As Trustee for the Newsboys Foundation Trust Interest revenue93269Total revenue86,175132,623Melbourne Newsboys Club Ltd DirectorsW. Brind Zichy-Woinarski KC, LLB (Hons)Chairman Allocations to community youthMichelle Collins B Arts, B Com, CATreasurer organisations(55,000)(70,000)Penny J Campbell DipEdDavid C Coombes LLB, M Tax, CTA Operating expenses(258)(299)Clementine Hay B Arts, B BusGain/(Loss) on investments as financialMelbourne Newsboys Club Ltd Company Secretary asset measured at fair valueSandra J Shaw BSW MBA through profit or loss3,74018,926 Note, Director and Company Secretary biographies are on pagesProfit/(loss) for the year34,65781,25019 to 21 of the Annual Report.Other comprehensive income for the year Total comprehensive income/(loss)for the year34,65781,250The financial statements with accompanying notes are available to members at their request. Newsboys Foundation TrustStatement of Financial Position as at 30 June 202320232022$$Current assets Cash on deposit72,58693,494Other receivables8,1952,371Total current assets80,78195,865 Non current assets Other financial assets294,012244,271Total non current assets294,012244,271Total assets374,793340,136Net assets374,793340,136 Equity Retained earnings374,793340,136374,793340,136The financial statements with accompanying notes are available to members at their request.NEWSBOYS FOUNDATION ANNUAL REPORT 202325'