WATERFORD SCHOOL TRUST
The raising of funds in the UK for the promotion and encouragement of education at Waterford Kamhlaba United World College of Southern Africa which is located in Eswatini (previously known as Swaziland). The emphasis is on providing financial support to assist students, who are both able and disadvantaged, to attend.
Objects
PROVISION OF ALL EDUCATIONAL FACILITIES INCLUDING PREMISES AND BURSARIES AT WATERFORD.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £85,167, while total funds were £595,772, comprising unrestricted and expendable endowment funds. The charity reported a net expenditure of £83,849 for the year, primarily driven by grants to Waterford Kamhlaba. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“Investments 2 9,153 - 9,153 18,306 12,026” — page 12
“Since 1 March 2014, it has been the policy of the Trustees to limit additions to the Trust’s unrestricted funds to a proportion of its income from interest (or from investments, were there any).”
Policies the charity declares
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Trustee conflicts of interest policy and procedures
Trustees
- Mark Jenningschair
- AMANDA JANE WEST
- MICHAEL WILLIAM JARVIS
- ROBERT CREIGHTON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £130k | £235k |
| 31/12/2024 | £29k | £113k |
| 31/12/2023 | £14k | £109k |
| 31/12/2022 | £26k | £31k |
| 31/12/2021 | £4k | £9k |
Common questions
Is WATERFORD SCHOOL TRUST financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £85,167, while total funds were £595,772, comprising unrestricted and expendable endowment funds. The charity reported a net expenditure of £83,849 for the year, primarily driven by grants to Waterford Kamhlaba. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by Bennett Brooks & Co Limited.