STATEMENT OF FINANCIAL POSITION THE UWCSEA FOUNDATION LTD As of 31 July 2014 2014
2013
$
$
ASSETS Current assets Cash and cash equivalents Other receivables Total current assets
4,076,850
3,047,083
37,186
81,352
4,114,036
3,128,435
Non-current assets Plant and equipment
—
—
Held-to-maturity financial asset
1,250,000
1,250,000
Available-for-sale investments
1,648,548
1,880,780
Total non-current assets
2,898,548
3,130,780
7,012,584
6,259,215
14,622
10,000
1,352,369
1,096,909
Capital fund
15,487
64,269
Programme innovation & initiatives fund
22,037
24,029
Total assets
LIABILITY Current liability Other payables
EQUITY Restricted funds: Scholarship fund
Staff professional development fund Annual general fund
5,000
—
340,646
216,051
1,735,539
1,401,258
(21,840)
(32,238)
1,713,699
1,369,020
Endowment fund
5,284,263
4,880,195
Total equity
6,997,962
6,249,215
TOTAL LIABILITY AND EQUITY
7,012,584
6,259,215
Unrestricted funds: Accumulated (deficit) surplus
66