SWIRE 2765
Financial health, per its FY2023 accounts
The accounts state that unrestricted reserves stood at £2,668,797, with the trustees concluding that no reserves need to be retained while the power to accumulate income remains available. The trustees consider the financial position to be satisfactory, citing sufficient cash and investment income to meet committed donations. The auditors reported no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The Trustees discussed the need for reserves and concluded that no reserves need to be retained whilst the power to accumulate income remains available.” — page 5
“During the year, the charity received unconditional donations from trustees of £3,125,000 (2022 £5,000,000).” — page 17
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- BARNABY NICHOLAS SWIRE
- Dr CLARE ISACKE
- JOHN SAMUEL SWIRE
- Kaori Imoto
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £2.2m | £562k |
| 31/12/2023 | £2.1m | £546k |
| 31/12/2022 | £1.4m | £480k |
| 31/12/2021 | £1.5m | £429k |
| 31/12/2020 | £1.2m | £20k |
Common questions
Is SWIRE 2765 financially healthy?
The accounts state that unrestricted reserves stood at £2,668,797, with the trustees concluding that no reserves need to be retained while the power to accumulate income remains available. The trustees consider the financial position to be satisfactory, citing sufficient cash and investment income to meet committed donations. The auditors reported no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2023 accounts were audited by Dixon Wilson Audit Services LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BACK ON THE MAP LIMITED | 1 | £52k |
| THE PRIORY FOUNDATION | 1 | £28k |
| UNSEEN (UK) | 1 | £7k |