2022-12-31-accounts - Waterford School Trust

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		Pages
Trustees, Honorary Officers, Bankers, and Advisers
Trustees' Report		3/9
Independent Auditors'	Report	10/12
Statement of Financial	Activities	13
Balance Sheet		14
Notes to the Accounts		15/19

					Expendable
		Notes	Unrestricted funds	Restricted funds	endowment funds	Total 31.12.22	Total 31.12.21
			E	E	6	E	6
CURRENT ASSETS
Debtors
Cash at bank			90,669		690 439	781108	468 807492
Total current assets			90,669		690,439	781p108	807,760
UABILITIES
Creditors: amounts falling due within
one year:
Amount due to Waterford Icamhlaba Bursary administered by the Trust Audit fee		9 10	(2,324) (121) (4,200)			(2,324) (121) (4,200)	(25,399) (121) (3,600)
Total current liabilities			(6,645)			(6,646)	(29,120)
TOTAL NET ASSETS (all	current)		84,024		690,439	774,463	778,640
THE FUNDS OFTHE CHARITY:
Expendable endowment Restricted income funds	funds				690,439	690,439	689,609
Unrestricted funds			84,024			84,024	89,031
TOTALCHARITY FUNDS			84,024		690,439	774,463	778,640

					Expendable
			Unrestricted	Restricted	endowment	Tote I	Total
			funds	funds	funds	31.12.22	31.12.21
				f	f
	Operating costs relating to
	online fundraising	platform	257			257	249
	GRANTS TO WATERFORD KAMHIABA
					Expendable
			Unrestricted	Restricted	endowment	Total	Total
			funds	funds	funds	31.12.22	31.12.21
	Student scholarships Other			f 24,770	f	f 24,770	f 3/57
				24,770		24,770	3457
5	OTHER EXPENDITURE
					Expendable
			Unrestricted	Restricted	endowment	Total	Total
			funds	funds	funds	31.12.22	31.12.21
	Governance costs
	Audit Trustee insurance Meetings costs		4,500 497 344			4,500 497	4400 497
	Othersupport costs
	Bank charges Data Protection fee		204 35			204 35	232 35
			5,580			5,580
	The trust has no employees.

					Expendable
			Unrestricted	Restricted	endowment	Total
			funds	funds	funds	31.12.21
Income and endowments		from:
Donations Investments (bankinterest)			312	3,557	312	3,557 624
Total			312	3,557	312	4,1S1
Expenditure on:
Raising funds Charitable activities			(249)			(249)
Grants to Waterford Other	Kamhlaba		(4,964)	(3,557)		(3&57) (4864)
Total			(5,213)	(3,557)		(8,770)
Netincome/(expenditureJ
and net movement in	funds		(4,901)		312	(4,589)
ReconciTiation offunds:
Totalfunds brought forward
at1January 2021			93rr32		689497	783~9
Totalfunds carried forward
at31December 2021			89,031		689,609	77S,640

8	DEBTORS
					Expendable
			Unrestricted	Restricted	endowment	Total	Total
			funds	funds	funds	31.12.22	31.12.21
	Donations
	Gift Aid tax recoverable
							468
	Total
							468
	AMOUNT DUE TO WATERFORD KAMHIABA
					Expendable
			Unrestricted	Restricted	endowment
			funds	funds	funds	31.12.22	31.12.21
	Balance brought forward due to
	Waterford Kamhlaba Grants to Waterford	Kamhlaba		25,399 24,770		25,399 24,770	105409 3457
	Amounts received on	behalf of
	Waterford Kamhlaba Transfers to Waterford						21~2
	Kamhlaba			(47,845)		(47,845)	(105+09)
	Balance carried forward		due to
	Waterford Kamhlaba			2,324		2,324	25499
10	BURSARY ADMINISTERED		BYTHE TRUST
					Expendable
			Unrestricted	Restricted	endowment
			funds f	funds f	funds f	31.12.22 E	31.12.21 f
	Balance brought forward Receipts in year			121		121	121
	Interest received
	Payments in year			121		121	121
	Balance carried forward			121		121	121

		Unresb icted	Restricted	Endowment	Total
		funds f	funds f	funds f	31.12.22 f
Funds at 1January 2022		89,031		689,609	778,640
Net movements in funds during	the
period as shown by the Statement of
Financial Activities (on page 13)		(3,007)		830	(4,177)
Funds at 31December 2022		84,024		690,439	774,463
Comparatives for movement in funds
		Unrestricted	Restricted	Endowment	Tote I
		funds	funds f	funds f	31.12.21 f
Funds at 1January 2021		93,932		6S9,297	783429
Net movements in funds during	the
period as shown by the Statement	of
Financial Activities (on page 17)		(4,901)		312	(4~89)
Funds at 31December 2021		89,031		689,609	77S,640