Page 24 - UKZN Foundation AR 2023

UNIVERSITY OF KWAZULU-NATAL FOUNDATION TRUST Trust Deed number: IT 589/2003
FINANCIAL STATEMENTS
for the year ended 31 December 2023
CONTENTS Page Report of the Trustees........................................................................................................................................................................ 4
Statement of responsibility by the Board of Trustees and approval of the
financial statements .........................................................................................................................................................................23
Independent auditors report ................................................................................................................................................24-26 Statement of financial position ...................................................................................................................................................27 Statement of profit or loss and other comprehensive income.........................................................................................28 Statement of changes in funds and reserves..........................................................................................................................29 Statement of cash flows..................................................................................................................................................................30 Notes to the financial statements ........................................................................................................................................31-43
Supplementary financial information
Schedule of expenditure...........................................................................................................................................................44 Schedule of endowment funds ..............................................................................................................................................45
22 UKZN FOUNDATiON ANNUAL REPORT 2023