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 2024people to make tax deductible donations to help us expand our work. The Melbourne Newsboys Club Ltd is the Trustee20242023Company for the Newsboys Foundation Trust. $$ Melbourne Newsboys Club Ltd (A Company Limited byDonations13,14362,700 Guarantee) ACN 163 764 814 Dividend and distribution revenue19,99722,543As Trustee for the Newsboys Foundation Trust Interest revenue2,444932Total revenue35,58486,175Melbourne Newsboys Club Ltd DirectorsW. Brind Zichy-Woinarski KC, LLB (Hons)Chairman Allocations to community youthMichelle Collins B Arts, B Com, CATreasurer organisations(45,000)(55,000)Penny J Campbell DipEdDavid C Coombes LLB, M Tax, CTA Operating expenses(321)(258)Clementine Hay B Arts, B BusGain/(Loss) on investments as financialMelbourne Newsboys Club Ltd Company Secretary asset measured at fair valueSandra J Shaw BSW MBA through profit or loss(4,701)3,740 Note: Director and Company Secretary biographies are onProfit/(loss) for the year(14,438)34,657pages 19 to 21 of the Annual Report.Other comprehensive income for the year Total comprehensive income/(loss)for the year(14,438)34,657The financial statements with accompanying notes are available to members at their request. Newsboys Foundation TrustStatement of Financial Position as at 30 June 202420232022$$Current assets Cash on deposit26,53772,586Other receivables4,7208,195Total current assets31,25780,781Non-current assets Other financial assets329,098294,012Total non-current assets329,098294,012Total assets360,355374,793Net assets360,355374,793Equity Retained earnings360,355374,793360,355374,793The financial statements with accompanying notes are available to members at their request.NEWSBOYS FOUNDATION ANNUAL REPORT 202425'