W M Sword Charitable Trust
Latest income
£280k
Latest spending
£216k
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that unrestricted reserves stood at £6,901,983, which is well in excess of the trustees' stated policy target of twelve months of resources expended. The charity reported a net movement in funds of £100,983 for the year, funded primarily by investment income and gains, with no employees and no trustee remuneration.
What the accounts disclose
Related-party transaction: The Trust owns 30.6% of Morton Properties (Dundee) Limited, a company under the control of family. During the year the Trust received £153,280 in dividend payments from this connected party.
“During the year the Trust received £153,280 (2024 - £153,280) in dividend payments from Morton Properties (Dundee) Limited.” — page 21
Per FY2025 accounts as filed with OSCR.