THE SWIRE CHARITABLE TRUST
Financial health, per its FY2023 accounts
The accounts state that the charity's unrestricted reserves stood at a surplus of £250,045, which is below the previous year's figure of £393,632. The trustees' policy is not to retain reserves within the unrestricted fund as overheads are low and grants vary according to income generated. The charity received £5,000,000 in donations and made grants totaling £5,958,442 during the year.
What the accounts disclose
“It is the Trustees’ policy not to retain reserves within the unrestricted fund as overheads are low and the grants that are made vary according to the income generated. As such no reserves are required to ensure the Trust’s continued operations.” — page 6
“During the year John Swire & Sons Limited, a company in which some of the Trustees have a participating interest, gave donations without conditions of £5,000,000 (2022 – £4,000,000) and paid expenses on the charity’s behalf totalling £948,639 (2022 - £986.945). At the year end £847,341 (2022 - £145,113) was owed to John Swire & Sons Limited.” — page 25
“During the year, the trust paid donations of £nil (2022 - £110,000) on behalf of John Swire 1989 Charitable Trust, a trust in which J S Swire and B N Swire are trustees, and was repaid funds to the value of £110,000 (2022 - £nil).” — page 25
“During the year John Swire & Sons Limited, a company in which some of the Trustees have a participating interest, gave donations without conditions of £5,000,000 (2022 – £4,000,000) and paid expenses on the charity’s behalf totalling £948,639 (2022 - £986.945). At the year end £847,341 (2022 - £145,113) was owed to John Swire & Sons Limited.” — page 25
“During the year, the trust paid donations of £nil (2022 - £110,000) on behalf of John Swire 1989 Charitable Trust, a trust in which J S Swire and B N Swire are trustees, and was repaid funds to the value of £110,000 (2022 - £nil).” — page 25
Funders the charity credits
- John Swire & Sons Ltd
Structured financials (annual return, FY ending 31/12/2024)
Register events
- Received assets from another charity (07/01/2016)
Trustees
- SAMUEL COMPTON SWIREchair
- Eleanor Juliet Swire
- MARTHA ALLFREY
- MR B. SWIRE
- Rupert Hogg
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £7.3m | £8.3m |
| 31/12/2023 | £5.3m | £6.1m |
| 31/12/2022 | £4.3m | £5.0m |
| 31/12/2021 | £3.5m | £4.1m |
| 31/12/2020 | £5.1m | £4.3m |
Common questions
Is THE SWIRE CHARITABLE TRUST financially healthy?
The accounts state that the charity's unrestricted reserves stood at a surplus of £250,045, which is below the previous year's figure of £393,632. The trustees' policy is not to retain reserves within the unrestricted fund as overheads are low and grants vary according to income generated. The charity received £5,000,000 in donations and made grants totaling £5,958,442 during the year. Its FY2023 accounts were audited by Dixon Wilson Audit Services LLP.
Who funds THE SWIRE CHARITABLE TRUST?
Funders whose own accounts filings name THE SWIRE CHARITABLE TRUST as a grant recipient include BACK ON THE MAP LIMITED, UNSEEN (UK).
Known funders
| Funder | Year | Amount |
|---|---|---|
| BACK ON THE MAP LIMITED | FY2024 | £30k |
| BACK ON THE MAP LIMITED | FY2025 | £22k |
| UNSEEN (UK) | FY2025 | £7k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE JORDAN CHARITABLE FOUNDATION | 1 | £20k |
| THE HDH WILLS 1965 CHARITABLE TRUST | 1 | £3k |