SWFT CHARITY
Financial health, per its FY2025 accounts
The accounts state that total funds decreased from £698,000 to £566,000 due to a net expenditure of £132,000 against incoming resources of £343,000. Unrestricted reserves stood at £422,000, while the trustees maintain a policy of not accumulating funds in reserves but utilising donations as soon as practically possible. The charity reports adequate cash reserves to continue in operational existence for at least 12 months.
What the accounts disclose
“Trustee has a general policy not to accumulate funds in reserves but to utilise donations in accordance with the wishes of the donor as soon as is practically possible. The Charity does not have a specified target level of revenue or reserves.” — page 22
“SWFT Clinical Services Ltd and Innovate Healthcare Services Limited are limited companies whose shares are 100% owned by SWFT. Innovate Healthcare Services Limited is operated as a joint venture with George Eliot NHS Trust.” — page 23
“SWFT Clinical Services Ltd and Innovate Healthcare Services Limited are limited companies whose shares are 100% owned by SWFT.” — page 23
Corporate structure
- Trading subsidiary: SWFT CLINICAL SERVICES LTD Companies House 07542436
- Trading subsidiary: INNOVATE HEALTHCARE SERVICES LIMITED Companies House 12685407
Structured financials (annual return, FY ending 31/03/2021)
Trustees
- SOUTH WARWICKSHIRE NHS FOUNDATION TRUST
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £343k | £475k |
| 31/03/2024 | £424k | £666k |
| 31/03/2023 | £263k | £580k |
| 31/03/2022 | £392k | £608k |
| 31/03/2021 | £939k | £403k |
Common questions
Is SWFT CHARITY financially healthy?
The accounts state that total funds decreased from £698,000 to £566,000 due to a net expenditure of £132,000 against incoming resources of £343,000. Unrestricted reserves stood at £422,000, while the trustees maintain a policy of not accumulating funds in reserves but utilising donations as soon as practically possible. The charity reports adequate cash reserves to continue in operational existence for at least 12 months. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DEBMAR BENEVOLENT TRUST LIMITED | 1 | £190k |
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £102k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |