| Trustees, directors, olficers and advisors | |||
|---|---|---|---|
| Trustees' report for the year ended 31 December 2021 |
2-6 | ||
| Independent auditors' report to the members ofThe Wavertree |
Education Trust | Limited | 7-10 |
| Statement offinancial activities for the year ended 31 December |
2021 (including | income | |
| and expenditure) | |||
| Balance sheet as at 31 December 2021 | 12 | ||
| Notes to the financial statements for the year ended 31 December 2021 |
13-20 |
| Unrestricted | Restricted | Total | Total | |||
|---|---|---|---|---|---|---|
| Notes | fundsf | funds | 2021f | 2020f | ||
| Income | ||||||
| Donations and gifts in kind |
958 | 446,766 | 447,724 | 514417 | ||
| Investment income |
542 | 542 | 1,640 | |||
| Total income | 958 | 447,308 | 448,266 | 516,057 | ||
| Expenditure on: |
||||||
| Charitable activities |
4 | 4,316 | 468,303 | 472,619 | 469,649 | |
| Total expenditure | 4,316 | 468,303 | 472,619 | 469,649 | ||
| Net (expenditure)/income | for the year | (3,358) | (20,995) | (24,353) | 46,408 | |
| Reconciliation offunds |
||||||
| Total funds brought forward | 8 | 60,031 | 304,590 | 364,621 | 318,213 | |
| Total funds carried forward | 8 | 58673 | 283,595 | 340,268 | 364,621 |
| egistered No. 53 |
70 | 950 | |||||
|---|---|---|---|---|---|---|---|
| 2021 | 2020 | ||||||
| Notes | |||||||
| Current assets | |||||||
| Short term investments | 10 | 225,501 | 202,531 | ||||
| Cash at bank and | in | hand | 326,081 | 198,748 | |||
| Debtors | 48,937 | 68,253 | |||||
| 600,519 | 469,532 | ||||||
| Creditors: amounts | fallin | due within one | ear | 7 | 260,251) | 104,911) | |
| Net current assets | 340,268 | 364,621 | |||||
| Net assets | 340,268 | 364,621 | |||||
| Funds: | |||||||
| Unrestricted funds |
56,673 | 60,031 | |||||
| Restricted funds | 283,595 | 304,590 | |||||
| Total fund balances | 8 | 340,268 | 364,621 |
| 2 Do |
nations and gifts in kind |
||
|---|---|---|---|
| 2021 | 2020 | ||
| Donations: | |||
| Charitable | organisations | 201,958 | 269,963 |
| Others | 245,766 | 244,454 | |
| 447,724 | 514,417 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Grants | 468,303 | 464,322 | ||||
| Audit | services | 3,780 | 4,120 | |||
| Trustee | Indemnity | Insurance | 369 | 881 | ||
| Su | ort/Administration | costs | 167 | 326 | ||
| 472,619 | 469,649 |
| 7 Creditors: |
amounts falling |
due within one year | |
|---|---|---|---|
| 2021 | 2020f | ||
| Accruals | 260,261 | 104,911 |
| 31 December 2020 |
Income | Expenditure | 31 December | |||||
|---|---|---|---|---|---|---|---|---|
| Analysis | of | unrestricted | fund | |||||
| movements | ||||||||
| Unrestricted | funds | 60,031 | 958 | 4,316 | 56,673 | |||
| Analysis of restricted |
fund | |||||||
| movements | ||||||||
| Anonymous | Donation | (2012) | (i) | 76,029 | 107 | (20,000) | 56,136 | |
| Anonymous | Donation | (2013) | (i) | 106,474 | 204 | 106,678 | ||
| Gerald Leigh |
Charitable Trust |
(ii) | 67,794 | 130 | 67,924 | |||
| Gerald leigh |
CT(2020 travel) | (ii) | 502 | 503 | ||||
| Thoroughbred Association |
Breeders | 131,000 | (131,000) | |||||
| Racing Foundation | (vi) | 3,626 | (1,537) | 2,093 | ||||
| EBMoiler Charitable | Trust | (iii) | 2,983 | 2,989 | ||||
| EBMoiler Charitable | Trust | 30,000 | (30,000) | |||||
| Alborada Charitable |
Trust | 10,000 | (10,000) | |||||
| John Pearce | Foundation | 30,000 | (30,000) | |||||
| Anonymous | Donation | (2020) | (v) | 10,045 | 19 | 10,064 | ||
| Tattersalls | 30,000 | (30,000) | ||||||
| Watership Down Stud |
10,000 | (10,000) | ||||||
| 71 | 37,208 | |||||||
| Anonymous | Donation | (2005) | (iv) | 37,137 | ||||
| Horserace Bettin Lev Board |
205,766 | (205,766) | ||||||
| Total restricted funds | 304,590 | 447,308 | (468,303) | 283,595 |
| 31 December 2019 |
Income | Expenditure | 31 December 2020 |
||||
|---|---|---|---|---|---|---|---|
| Analysis | of unrestricted |
fund | |||||
| movements | |||||||
| Unrestricted | funds | 15,088 | 50,270 | 5,327 | 60,031 | ||
| Analysis | of restricted |
fund | |||||
| movements | |||||||
| Anonymous | Donation (2012) | 78,764 | 342 | (3,077) | 76,029 | ||
| Anonymous | Donation (2013) | 105,995 | 479 | 106,474 | |||
| Gerald Leigh |
Charitable Trust |
78,405 | 305 | (10,916) | 67,794 | ||
| Gerald Leigh |
CT (2019travel) | 3,000 | (3,000) | ||||
| Gerald Leigh |
CT (2020 travel) | 502 | 502 | ||||
| Thoroughbred | Breeders Association | 172,875 | (172,875) | ||||
| Racing Foundation | 21 | 3,605 | 3,626 | ||||
| E B Moiler | Charitable Trust |
2,970 | 13 | 2,983 | |||
| E B Moiler | Charitable Trust |
30,000 | (30,000) | ||||
| Alborada Charitable Trust |
10,000 | (10,000) | |||||
| Anonymous | Donation (2020) | 10,045 | 10,045 | ||||
| Anonymous | Donation (2005) | 36,970 | 167 | 31,137 | |||
| Horserace | Betting Levy Board | 194,454 | (194,454) | ||||
| Tattersalls | 30,000 | 30,000) | |||||
| Watership | Down Stud | 10,000 | 10,000 | ||||
| Total restricted funds |
303,125 | 465,787 | 464,322 | 304,590 | |||
| Total funds | 318,213 | 516,057 | (469,649 | 364,621 |
| 11 | Debtors | ||
|---|---|---|---|
| 2021 | 2020 | ||
| E | |||
| Other | debtors | 48,938 | 68,253 |
| Unrestricted | 2021 | |||
|---|---|---|---|---|
| funds | Restricted funds | Total | ||
| Short term investments | 225,501 | 225,501 | ||
| Cash at bank and | in hand | 55,715 | 270,366 | 326,081 |
| Other net current | assets | 211,314 | (211,763 | |
| 55,715 | 284,553 | 340,268 | ||
| Analysis of | net assets between | funds —Prior year | ||
| 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 |