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|Trustees, directors, officers and|advisors||||
|---|---|---|---|---|
|Trustees'<br>report for the year ended 31 December 2020||||2-6|
|Independent<br>auditors'<br>report to|the members<br>ofThe Wavertree|Education Trust|Limited|7-10|
|Statement<br>offinancial<br>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|





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|||Notes|Unrestricted|Restricted|Total 2020||
|---|---|---|---|---|---|---|
||||funds|funds||2019|
||||K|E|||
|Income|||||||
|Donations<br>and gifts in kind|||50,000|464,417|514417|423,296|
|Investment<br>income|||270|1,370|1,640|1,838|
|Total income|||50,270|465,787|516,057|425,134|
|Expenditure<br>on:|||||||
|Charitable<br>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<br>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|





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|Registered<br>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<br>funds|||||80,031|15,088|
|Restricted funds|||||304,590|303,124|
|Total fund balances|||||384,621|318,212|





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|2<br>Do|nations<br>and gifts in kind|||
|---|---|---|---|
|||2020|2019|
|Donations:||||
|Charitable|organisations|269,963|221,276|
|Others||244,454|202,020|
|||514,417|423,296|



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||||||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|





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|ar||
|---|---|
|2020f|2019<br>F|
|104,911|213,746|





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||||31 December|||31 December|
|---|---|---|---|---|---|---|
||||2019|Income|Expenditure|2020|
|Ref|||||||
|Analysis of|unrestricted<br>fund||||||
|movements|||||||
|Unrestricted|funds||15,088|50,270|5,327|60,031|
|Analysis of|restricted<br>fund||||||
|movements|||||||
|Anonymous|Donation (2012)|(i)|78,764|342|(3,077)|76,029|
|Anonymous|Donation (2013)|(i)|105,995|479||106,474|
|Gerald<br>Leigh|Charitable<br>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<br>Trust||(iii)|2,970|13||2,983|
|EBMoiler Charitable<br>Trust||||30,000|(30,000)||
|Alborada<br>Charitable<br>Trust||||10,000|(10,000)||
|Anonymous|Donation (2020)|(v)||10,045||10,045|
|Tattersalls||||30,000|(30,000)||
|Watership<br>Down Stud||||10,000|(10,000)||
|Anonymous|Donation (2005)|(iv)|36,970|167||37,137|
|Horserace<br>Bettin<br>Lev<br>Board||||194,454|194,454||
|Total restricted funds|||303,125|465,787|464,322|304,590|





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|||31 December|Income|Expenditure|31 December|
|---|---|---|---|---|---|
|||2018|||2019|
|Analysis ofunrestricted<br>fund||||||
|movements||||||
|Unrestricted<br>funds||19,388|5,107|9,407|15,088|
|Analysis ofrestricted|fund|||||
|movements||||||
|Anonymous<br>Donation|(2012)|105,383|455|(27,074)|78,764|
|Anonymous<br>Donation|(2013)|105,383|612||105,995|
|Gerald Leigh Charitable<br>Trust||89,787|453|(11,835)|78,405|
|Thoroughbred<br>Breeders Association|||172,688|(172,688)||
|Tirn Dunlop<br>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<br>Donation|(2005)|36,756|214||36,970|
|Alborada<br>Charitable<br>Trust|||10,000|(10,000)||
|Horserace<br>Betting Levy Board||37,621||(37,621)||
|Horserace<br>Bettin<br>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|





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|2020|2019|
|---|---|
|68,253|66,360|



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|||Unrestricted||2020|
|---|---|---|---|---|
|||funds|Restricted<br>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|



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|Ana|lysis of|net assets b|etween<br>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|





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