JOHN SWIRE 1989 CHARITABLE TRUST
Latest income
£3.3m
Latest spending
£3.4m
Registered
1989
Accounts read
FY2023
Financial health, per its FY2023 accounts
The accounts state that unrestricted reserves stood at £718,039, which is above the previous year's balance. The trustees consider the financial position to be satisfactory, noting sufficient cash and income to meet commitments, and the auditors confirmed no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
Reserves policy: not to retain reserves (held: £718k)
“It is the Trustees’ policy not to retain reserves as the charity’s overheads are low and any deficit on the unrestricted fund can be met from transfers from the endowment fund at the discretion of the Trustees.” — page 6
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Swire Charitable Trust paid donations on the charity's behalf of £nil and was repaid funds to the value of £110,000. At the balance sheet date, the amount due to Swire Charitable Trust was £nil.
“During the year Swire Charitable Trust, a trust in which J S Swire and B N Swire are trustees, paid donations on the charity’s behalf of £nil (2022 - £110,000) and was repaid funds to the value of £110,000 (2022 - £nil). At the balance sheet date, the amount due to Swire Charitable Trust was £nil (2022 £110,000).” — page 23
“At the balance sheet date, the amount due to the JAS 1995 Property Trust – Fund B, a trust in which J S Swire and B N Swire are trustees, was £5,218 (2022 - £5,218).” — page 23
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Amount due to JAS 1995 Property Trust – Fund B was £5,218.
“During the year Swire Charitable Trust, a trust in which J S Swire and B N Swire are trustees, paid donations on the charity’s behalf of £nil (2022 - £110,000) and was repaid funds to the value of £110,000 (2022 - £nil). At the balance sheet date, the amount due to Swire Charitable Trust was £nil (2022 £110,000).” — page 23
“At the balance sheet date, the amount due to the JAS 1995 Property Trust – Fund B, a trust in which J S Swire and B N Swire are trustees, was £5,218 (2022 - £5,218).” — page 23
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Charity received unconditional donations from family members of the Trustees of £425,000.
“During the year Swire Charitable Trust, a trust in which J S Swire and B N Swire are trustees, paid donations on the charity’s behalf of £nil (2022 - £110,000) and was repaid funds to the value of £110,000 (2022 - £nil). At the balance sheet date, the amount due to Swire Charitable Trust was £nil (2022 £110,000).” — page 23
“At the balance sheet date, the amount due to the JAS 1995 Property Trust – Fund B, a trust in which J S Swire and B N Swire are trustees, was £5,218 (2022 - £5,218).” — page 23
Per its FY2023 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/12/2024)
Total income
£3.3m
Total spending
£3.4m
Cost of raising funds
£99k
Reserves (reported)
£0
Employees
0
Trustees
- MR B. SWIREchair
- James Edward Hughes-Hallett
- MR J. S. SWIRE
- William Leigh-Pemberton
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £3.3m | £3.4m |
| 31/12/2023 | £3.3m | £3.2m |
| 31/12/2022 | £2.5m | £2.9m |
| 31/12/2021 | £2.9m | £2.4m |
| 31/12/2020 | £16.1m | £1.6m |
Common questions
Is JOHN SWIRE 1989 CHARITABLE TRUST financially healthy?
The accounts state that unrestricted reserves stood at £718,039, which is above the previous year's balance. The trustees consider the financial position to be satisfactory, noting sufficient cash and income to meet commitments, and the auditors confirmed 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 |
| UNSEEN (UK) | 1 | £7k |
| THE HDH WILLS 1965 CHARITABLE TRUST | 1 | £3k |