| Trustees, directors, officers and advisors | Trustees, directors, officers and advisors | |||
|---|---|---|---|---|
| Trustees' report for the year ended 31 December 2022 |
2-6 | |||
| Independent auditors' |
report to the members of The Wavertree |
Education Trust | Limited | 7-10 |
| Statement offinancial | activities for the year ended 31 December | 2022 (including | income | |
| and expenditure) | ||||
| Balance sheet as at | 31 December 2022 | 12 | ||
| Notes to the financial | statements forthe year ended 31 December 2022 |
13-20 |
| Notes | Unrestricted funds 6 |
Restricted funds E |
T t I 2022 & |
Total 2021 8 |
||
|---|---|---|---|---|---|---|
| Income | ||||||
| Donations and gifts in kind |
2 | 13'000 | 476,383 | 489,383 | 447,724 | |
| Investment income |
3 | 1,122 | 1,122 | 524 | ||
| Total income | 13,000 | 477,505 | 490,505 | 448,266 | ||
| Expenditure on: |
||||||
| Charitable activities |
4 | 6,682 | 471,383 | 478,065 | 472619 | |
| Total expenditure | 6,682 | 471 383 | 478,065 | 472,619 | ||
| Net incomel(expenditure) | for the year | 6,318 | 6,122 | 12,440 | (24,353) | |
| Reconciliation offunds |
||||||
| Total funds brought forward |
8 | 56673 | 283,595 | 340268 | 364621 | |
| Total funds carried forward | 8 | 62,991 | 289,717 | 352,708 | 340,268 |
| Balance sheet a egistered No. 5370950 |
s at 31 D | ecembe | r 2022 | ||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Notes | |||||
| Current assets | |||||
| Short term investments Cash at bank and in hand |
10 | 227,523 541,439 |
225,501 326,061 |
||
| Debtors | 25,000 | 46,937 | |||
| 1 093962 | 600519 | ||||
| Creditors: amountsfallln | duewithinone | ear | 7 | 741,254 | 260251 |
| Net current assets | 352.708 | 340268 | |||
| 340,268 | |||||
| Funds: | |||||
| Unrestricted funds |
62,991 | 56,673 | |||
| Restricted funds | 289.717 | 263,595 | |||
| Total fund balances | 8 | 352,708 |
| 2 Do |
nations and gifts in kind |
||
|---|---|---|---|
| 2022 | 2021 | ||
| Donations: | |||
| Charitable | organisations | 254,500 | 201,958 |
| Others | 234883 | 245 766 | |
| 489,383 | 447,724 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| f | |||||
| Grants | 471,383 | 468,303 | |||
| Audit | services | 5,120 | 3,780 | ||
| Trustee Indemnity | Insurance | 1,500 | 369 | ||
| Su | ort/Administration | costs | 62 | 167 | |
| 478,065 | 472,619 |
| 7 Creditors: amounts fall |
ing due within one year | |
|---|---|---|
| 2022 | 2021 | |
| F | ||
| Accruals | 741,254 | 260.251 |
| Analysis o | fcharit | able | funds —Cu | rrent yea | r | |
|---|---|---|---|---|---|---|
| 31 December 2021 |
Income | Expenditure | 31 December | |||
| Analysis of |
unrestricted | fund | ||||
| movements | ||||||
| Unrestricted funds |
56,673 | 13,000 | 6,682 | 62,991 | ||
| Analysis of restricted |
fund | |||||
| movements | ||||||
| Anonymous Donation |
(2012) | (i) | 56,136 | 218 | 56,354 | |
| Anonymous Donation |
(2013) | (i) | 106,678 | 415 | 107,093 | |
| Gerald Leigh Charitable Trust |
(ii) | 67,924 | 11,764 | (11,500) | 68,188 | |
| Gerald leigh CT (2020travel) |
(ii) | 503 | 505 | |||
| Thoroughbred Association |
Breeders | 135,000 | (135,000) | |||
| Racing Foundation | (vi) | 2,093 | 2,101 | |||
| EBMoiler Charitable | Trust | (iii) | 2,989 | 12 | 3,001 | |
| EBMoiler Charitable | Trust | 25,000 | (25,000) | |||
| Alborada Charitable |
Trust | 10,000 | (10,000) | |||
| John Pearce Foundation | 30,000 | (30,000) | ||||
| Childwick Trust | 30,000 | (25,000) | 5,000 | |||
| Anonymous Donation |
(2020) | (v) | 10,064 | 39 | 10,103 | |
| Tattersalls | 30,000 | (30,000) | ||||
| Watership Down Stud |
10,000 | (10,000) | ||||
| Anonymous Donation |
(2005) | (iv) | 37,208 | 145 | 37,353 | |
| Horserace Bettin Lev Board |
194,883 | (194,883) | ||||
| Total restricted funds | 283,595 | 477,505 | 471,383 | 289717 |
| Analysis | ofcharitable | funds —Prior | funds —Prior | year | ||
|---|---|---|---|---|---|---|
| 31 December 2020 |
Income | Expenditure | 31 December 2021 |
|||
| 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 | Breeders Association | 131,000 | (131,000) | |||
| Racing Foundation (vi) |
3,626 | (1,537) | 2,093 | |||
| EB Moiler Charitable Trust |
(iii) | 2,983 | 2,989 | |||
| EB Moiler 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) | ||||
| Anonymous | Donation (2005) | (iv) | 37,137 | 71 | 37,208 | |
| Horserace Bettin Lev Board |
205,766 | 205,766 | ||||
| Total restricted funds | 304.590 | 447,306 | 468,303 | 283,595 | ||
| Total funds | 364,621 | 448,266 | 472,619 | 340268 |
| 12 | Analysis ofnet asse | ts between funds | —Current year | |
|---|---|---|---|---|
| Unrestricted | 2022 | |||
| funds | Restricted funds | Total | ||
| Short | term investments | 227,523 | 227,523 | |
| Cash | at bank and in hand | 62,991 | 778,448 | 841,439 |
| Other | net current assets | 716,254 | 716,254 | |
| 62,991 | 289,717 | 352,708 |
| 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 | 211314 | 211763 | |
| 55.715 | 284,553 | 340,268 |