UWC SoUth eaSt aSia annUal RepoRt 2010-2011 - United World ...
UWC SoUth eaSt aSia annUal RepoRt 2010-2011 - United World ...
UWC SoUth eaSt aSia annUal RepoRt 2010-2011 - United World ...
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the <strong>UWC</strong>Sea foUndation ltd<br />
Year ended 31 July <strong>2011</strong><br />
<strong>2011</strong><br />
Restricted funds<br />
Outreach<br />
Unrestricted Endowment Scholarship Capital initiatives Annual Total<br />
fund fund fund fund fund general fund funds<br />
$ $ $ $ $ $ $<br />
Income<br />
Donation income — 603,969 599,184 39,782 5,000 125,021 1,372,956<br />
Other income 336,098 11,303 — — — — 347,401<br />
Total incoming resources 336,098 615,272 599,184 39,782 5,000 125,021 1,720,357<br />
Expenditure<br />
Staff cost (283,374) — — — — — (283,374)<br />
Audit fees (9,000) — — — — — (9,000)<br />
Other expenses (114,130) — — — — — (114,130)<br />
Depreciation (34,646) — — — — — (34,646)<br />
Utilisation of fund<br />
during the year<br />
— — (580,934) (2,300) — (3,500) (586,734)<br />
Total resources expended (441,150) — (580,934) (2,300) — (3,500) (1,027,884)<br />
Surplus (Deficit)<br />
for the year<br />
(105,052) 615,272 18,250 37,482 5,000 121,521 692,473<br />
Other comprehensive<br />
income<br />
Available-for-sale<br />
investments<br />
- fair value gain during the<br />
year, representing other<br />
comprehensive income<br />
for the year, net of tax — 8,030 — — — — 8,030<br />
Total comprehensive<br />
income for the year<br />
(105,052) 623,302 18,250 37,482 5,000 121,521 700,503<br />
73
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