| Trustees, directors, officers and | advisors | |||
|---|---|---|---|---|
| Trustees' report for the year ended 31 December 2020 |
2-6 | |||
| Independent auditors' report to |
the members ofThe Wavertree |
Education Trust | Limited | 7-10 |
| Statement offinancial activities |
for the year ended 31 December | 2020 (including | income and | |
| expenditure) | ||||
| Balance sheet as at 31 December 2020 | 12 | |||
| Notes to the financial statements | for the year ended 31 December 2020 | 13-20 |
| Notes | Unrestricted | Restricted | Total 2020 | |||
|---|---|---|---|---|---|---|
| funds | funds | 2019 | ||||
| K | E | |||||
| Income | ||||||
| Donations and gifts in kind |
50,000 | 464,417 | 514417 | 423,296 | ||
| Investment income |
270 | 1,370 | 1,640 | 1,838 | ||
| Total income | 50,270 | 465,787 | 516,057 | 425,134 | ||
| Expenditure on: |
||||||
| Charitable activities |
5,327 | 464,322 | 469,649 | 516,250 | ||
| Total expenditure | 5,327 | 464,322 | 469,649 | 516,250 | ||
| Net income/(expenditure) | for the year | 44,943 | 1,465 | 46,408 | (91,116) | |
| Reconciliation offunds |
||||||
| Total funds brought forward | 15,088 | 303,125 | 318,213 | 409,329 | ||
| Total funds carried forward | 60,031 | 304,590 | 364,621 | 318,213 |
| Registered No. 537 |
0950 | |||||
|---|---|---|---|---|---|---|
| 2020 | 2019 | |||||
| Current assets | ||||||
| Short term investments | 10 | 202,531 | 221,171 | |||
| Cash at bank and in | hand | 198,748 | 244,427 | |||
| Debtors | 68,253 | 66,360 | ||||
| 469,532 | 531,958 | |||||
| Creditors: amounts | fallin | due within one | ear | 104,911 | 213,746 | |
| Net current assets | 364621 | 318,212 | ||||
| Net assets | 384,621 | 318,212 | ||||
| Funds: | ||||||
| Unrestricted funds |
80,031 | 15,088 | ||||
| Restricted funds | 304,590 | 303,124 | ||||
| Total fund balances | 384,621 | 318,212 |
| 2 Do |
nations and gifts in kind |
||
|---|---|---|---|
| 2020 | 2019 | ||
| Donations: | |||
| Charitable | organisations | 269,963 | 221,276 |
| Others | 244,454 | 202,020 | |
| 514,417 | 423,296 |
| 2020 | 2019 | |||||
|---|---|---|---|---|---|---|
| f | f | |||||
| Grants | 464,322 | 506,843 | ||||
| Audit | services | 4,120 | 3,900 | |||
| Trustee | Indemnity | Insurance | 8&1 | 800 | ||
| Su | ort/Administration | costs | 326 | 4,707 | ||
| 469,649 | 516,250 |
| ar | |
|---|---|
| 2020f | 2019 F |
| 104,911 | 213,746 |
| 31 December | 31 December | |||||
|---|---|---|---|---|---|---|
| 2019 | Income | Expenditure | 2020 | |||
| Ref | ||||||
| Analysis of | unrestricted fund |
|||||
| movements | ||||||
| Unrestricted | funds | 15,088 | 50,270 | 5,327 | 60,031 | |
| Analysis of | restricted fund |
|||||
| movements | ||||||
| Anonymous | Donation (2012) | (i) | 78,764 | 342 | (3,077) | 76,029 |
| Anonymous | Donation (2013) | (i) | 105,995 | 479 | 106,474 | |
| Gerald Leigh |
Charitable Trust |
(ii) | 78,405 | 305 | (10,916) | 67,794 |
| Gerald leigh | CT (2019travel) | 3,000 | (3,000) | |||
| Gerald leigh | CT (2020 travel) | (ii) | 502 | 502 | ||
| Thoroughbred | Breeders | |||||
| Association | 172,875 | (172,875) | ||||
| Racing Foundation | (vi) | 21 | 3,605 | 3,626 | ||
| EBMoiler Charitable Trust |
(iii) | 2,970 | 13 | 2,983 | ||
| EBMoiler Charitable Trust |
30,000 | (30,000) | ||||
| Alborada Charitable Trust |
10,000 | (10,000) | ||||
| Anonymous | Donation (2020) | (v) | 10,045 | 10,045 | ||
| Tattersalls | 30,000 | (30,000) | ||||
| Watership Down Stud |
10,000 | (10,000) | ||||
| Anonymous | Donation (2005) | (iv) | 36,970 | 167 | 37,137 | |
| Horserace Bettin Lev Board |
194,454 | 194,454 | ||||
| Total restricted funds | 303,125 | 465,787 | 464,322 | 304,590 |
| 31 December | Income | Expenditure | 31 December | ||
|---|---|---|---|---|---|
| 2018 | 2019 | ||||
| Analysis ofunrestricted fund |
|||||
| movements | |||||
| Unrestricted funds |
19,388 | 5,107 | 9,407 | 15,088 | |
| Analysis ofrestricted | fund | ||||
| movements | |||||
| Anonymous Donation |
(2012) | 105,383 | 455 | (27,074) | 78,764 |
| Anonymous Donation |
(2013) | 105,383 | 612 | 105,995 | |
| Gerald Leigh Charitable Trust |
89,787 | 453 | (11,835) | 78,405 | |
| Thoroughbred Breeders Association |
172,688 | (172,688) | |||
| Tirn Dunlop Memorial |
Fund | 8,037 | (8,037) | ||
| Racing Foundation | 4,021 | 3,588 | (7,588) | 21 | |
| E BMoiler Charitable | Trust | 2,953 | 17 | 2,970 | |
| E B Moiler Charitable | Trust | 30,000 | (30,000) | ||
| Anonymous Donation |
(2005) | 36,756 | 214 | 36,970 | |
| Alborada Charitable Trust |
10,000 | (10,000) | |||
| Horserace Betting Levy Board |
37,621 | (37,621) | |||
| Horserace Bettin Le |
Board | 202,000 | 202,000 | ||
| Total restricted funds | 389,941 | 420,027 | 506,843 | 303,125 | |
| Total funds | 409,329 | 425,134 | 516,250 | 318,213 |
| 2020 | 2019 |
|---|---|
| 68,253 | 66,360 |
| Unrestricted | 2020 | |||
|---|---|---|---|---|
| funds | Restricted funds |
Total | ||
| Short | term investments | 202,531 | 202,531 | |
| Cash | at bank and in hand | 60,031 | 138,717 | 198,748 |
| Other | net current assets | 36,658 | 36,658 | |
| 60,031 | 304,590 | 364,621 |
| Ana | lysis of | net assets b | etween funds — |
Prior year | |
|---|---|---|---|---|---|
| Unrestricted | 2019 | ||||
| funds | Restricted funds | Total | |||
| Short | term investments | 221,171 | 221,171 | ||
| Cash | at bank and | in hand | 15,088 | 229,339 | 244,427 |
| Other | net current | assets | 147,386 | 147,3&6 | |
| 15,088 | 303,124 | 318,212 |