Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. United Kingdom
  4. London Stock Exchange
  5. New Star Investment Trust plc
  6. News
  7. Summary
    NSI   GB0002631041

NEW STAR INVESTMENT TRUST PLC

(NSI)
  Report
Delayed Quote. Delayed London Stock Exchange - 11/26 11:35:14 am
145 GBX   -0.68%
11/19NEW STAR INVESTMENT TRUST : 2021 AGM proxy voting summary
PU
11/04NEW STAR INVESTMENT TRUST PLC : Ex-dividend day for final dividend
FA
10/12NEW STAR INVESTMENT TRUST : 06/21 annual report
PU
SummaryQuotesChartsNewsCalendarCompanyFinancials 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

New Star Investment Trust PLC : Annual Results for -8-

09/24/2021 | 02:01am EST

The financial position of the subsidiary is summarised as follows:

                            Year ended Year ended 
                            30th June  30th June 
 
                            2021       2020 
                            GBP '000     GBP '000 
 
Net assets brought forward  506        506 
Dividend paid to parent     (506)      - 
Net assets carried forward  -          506 

11. OTHER RECEIVABLES

                                30th June 30th June 
                                2021      2020 
 
                                Group     Group 
                                GBP '000    GBP '000 
Prepayments and accrued income  223       133 
Taxation                        12        4 
                                235       137 

12. CASH AND CASH EQUIVALENTS

                             30th June 30th June 
                             2021      2020 
 
                             Group     Group 
                             GBP '000    GBP '000 
 
Cash at bank and on deposit  8,440     10,962 

13. OTHER PAYABLES

                                         30th June 30th June 
                                         2021      2020 
 
                                         Group     Group 
                                         GBP '000    GBP '000 
Accruals                                 270       229 
Amounts owed to subsidiary undertakings  -         - 
                                         270       229 

14. CALLED UP SHARE CAPITAL

                                                              30th June 30th June 
                                                              2021      2020 
                                                              GBP '000    GBP '000 
 
Authorised 
305,000,000 (2020: 305,000,000) Ordinary shares of GBP0.01 each 3,050     3,050 
 
Issued and fully paid 
71,023,695 (2020: 71,023,695) Ordinary shares of GBP0.01 each   710       710 

15. RESERVES

                                         Share   Special Retained 
                                         Premium Reserve earnings 
 
                                         account 
                                         GBP '000  GBP '000  GBP '000 
GROUP 
At 30th June 2020                        21,573  56,908  34,694 
Increase in investment holding gains     -       -       25,182 
Net gains on realisation of investments  -       -       745 
Losses on foreign currency               -       -        (1,119) 
Trail rebates                            -       -       4 
Retained revenue profit for year         -       -       429 
Dividend paid                            -       -       (994) 
At 30th June 2021                        21,573  56,908  58,941 

The components of retained earnings are set out below:

                               30th June 30th June 
                               2021      2020 
                               GBP '000    GBP '000 
GROUP 
Capital reserve - realised     5,316     5,686 
Capital reserve - revaluation  52,018    26,836 
Revenue reserve                1,607     2,172 
                               58,941    34,694 
 

16. NET ASSET VALUE PER ORDINARY SHARE

The net asset value per Ordinary share is calculated on net assets of GBP138,132,000 (2020: GBP113,885,000) and 71,023,695 (2020: 71,023,695) Ordinary shares in issue at the year end.

17. ANALYSIS OF CASH AND CASH EQUIVALENTS AT THE END OF THE YEAR

                            At 1st July 2020                             At 30th June 2021 
                                             Cash flow Exchange movement 
                            GBP '000                                       GBP '000 
GROUP 
Cash at bank and on deposit 10,962           (1,403)   (1,119)           8,440 
 
 

18. FINANCIAL INFORMATION

2021 Financial information

The figures and financial information for 2021 are unaudited and do not constitute the statutory accounts for the year. The preliminary statement has been agreed with the Company's auditors and the Company is not aware of any likely modification to the auditor's report required to be included with the annual report and accounts for the year ended 30th June 2021.

2020 Financial information

The figures and financial information for 2020 are extracted from the published Annual Report and Accounts for the year ended 30th June 2020 and do not constitute the statutory accounts for the year. The Annual Report and Accounts for the year-end 30th June 2020 (available on the Company's website www.nsitplc.com) has been delivered to the registrar of Companies and includes the Independent Auditors report which was unqualified and did not contain a statement under either section 498 (2) or section 498 (3) of the Companies Act 2006.

Annual Report and Accounts

The accounts for the year ended 30th June 2021 will be sent to shareholders in October 2021 and will be available on the Company's website or in hard copy format at the Company's registered office, 1 Knightsbridge Green, London SW1X 7QA and will be available for inspection. A copy will also be submitted to the FCA's National Storage Mechanism.

The Annual General Meeting of the Company will be held on 16th November 2021 at 11.00am at 1 Knightsbridge Green, London SW1X 7QA.

23rd September 2021

-----------------------------------------------------------------------------------------------------------------------

ISIN:           GB0002631041 
Category Code:  ACS 
TIDM:           NSI 
LEI Code:       A00100146726 
Sequence No.:   122903 
EQS News ID:    1235682 
 
End of Announcement  EQS News Service 
=------------------------------------------------------------------------------------
 

Image link: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1235682&application_name=news

(END) Dow Jones Newswires

September 24, 2021 02:00 ET (06:00 GMT)

Stocks mentioned in the article
ChangeLast1st jan.
NEW STAR INVESTMENT TRUST PLC -0.68% 145 Delayed Quote.18.85%
NSI N.V. -1.70% 34.6 Real-time Quote.5.49%
All news about NEW STAR INVESTMENT TRUST PLC
11/19NEW STAR INVESTMENT TRUST : 2021 AGM proxy voting summary
PU
11/04NEW STAR INVESTMENT TRUST PLC : Ex-dividend day for final dividend
FA
10/12NEW STAR INVESTMENT TRUST : 06/21 annual report
PU
09/24NEW STAR INVESTMENT TRUST : 06/21 preliminary results
PU
09/24New Star Investment Trust plc Reports Earnings Results for the Full Year Ended June 30,..
CI
04/01NEW STAR INVESTMENT TRUST : 12/20 interim report
PU
2020NEW STAR INVESTMENT TRUST : Updated articles of association subject to special resolution ..
PU
2020NEW STAR INVESTMENT TRUST PLC : Ex-dividend day for final dividend
FA
2020NEW STAR INVESTMENT TRUST : 06/20 annual report
PU
2020New Star Investment Trust plc Reports Earnings Results for the Full Year Ended June 30,..
CI
More news
Financials
Sales 2021 27,4 M 36,6 M 36,6 M
Net income 2021 25,2 M 33,6 M 33,6 M
Net cash 2021 8,44 M 11,2 M 11,2 M
P/E ratio 2021 3,77x
Yield 2021 1,04%
Capitalization 103 M 137 M 137 M
EV / Sales 2020 29,1x
EV / Sales 2021 3,16x
Nbr of Employees -
Free-Float 24,5%
Chart NEW STAR INVESTMENT TRUST PLC
Duration : Period :
New Star Investment Trust plc Technical Analysis Chart | NSI | GB0002631041 | MarketScreener
Income Statement Evolution
Managers and Directors
Geoffrey Howard-Spink Chairman
David John Gamble Independent Non-Executive Director
John Lincoln Duffield Deputy Chairman
Sector and Competitors
1st jan.Capi. (M$)
NEW STAR INVESTMENT TRUST PLC18.85%137
HIPGNOSIS SONGS FUND LIMITED2.67%2 045