SWANLAND EDUCATION AFRICA TRUST
Financial health, per its FY2024 accounts
The accounts state that the charity ended the year with a net deficit of £6,012, reducing total funds from £11,791 to £5,779. The trustees report that the charity's policy is to maintain reserves equivalent to three months of grant-making activity, but the current unrestricted funds of £5,779 are below the implied target based on the annual grant expenditure of £112,102. The charity has no employees and relies on voluntary trustee management.
What the accounts disclose
“The Charity's policy on reserves is to maintain sufficient funds to allow three months of grant making activity at the historic average rate.” — page 5
Trustees
- RICHARD MARK SWAINchair
- JOHN WATERS
- RICHARD MARK SWAIN
- SHIRLEY JOAN WATERS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £103k | £101k |
| 31/12/2024 | £108k | £114k |
| 31/12/2023 | £109k | £114k |
| 31/12/2022 | £121k | £109k |
| 31/12/2021 | £113k | £127k |
Common questions
Is SWANLAND EDUCATION AFRICA TRUST financially healthy?
The accounts state that the charity ended the year with a net deficit of £6,012, reducing total funds from £11,791 to £5,779. The trustees report that the charity's policy is to maintain reserves equivalent to three months of grant-making activity, but the current unrestricted funds of £5,779 are below the implied target based on the annual grant expenditure of £112,102. The charity has no employees and relies on voluntary trustee management. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| FRIENDS OF WIZNITZ LIMITED | 1 | £335k |
| ACHISOMOCH AID COMPANY LIMITED | 1 | £304k |
| SF FOUNDATION | 1 | £209k |
| GILMOOR BENEVOLENT FUND LIMITED | 1 | £154k |
| CMZ LTD | 1 | £137k |
| DILLHAVEN LIMITED | 1 | £131k |
| NES FOUNDATION LTD | 1 | £112k |
| MERCAZ TORAH VECHESED LIMITED | 1 | £104k |