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← Swanland Education Africa Trust

2025-12-31-accounts

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Swanland Education Africa Trust

Contents of the Financial Statements for the year ended 31st December 2025

Page
Report ofthe Trustees 1 to 3
Independent Examiner's Report 4
Statement of Financial Activities 5
Balance Sheet 6 to 7
Notes to the Financial Statements 8 to 11
DetailedStatement of FinancialActivities 12

Swanland Education Africa Trust

Report of the Trustees for the year ended 31st December 2025

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31st December 2025 ~~.~~ The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) ~~.~~

Advantage has been taken, in the preparation of this Report, of the special exemptions applicable to small companies ~~.~~

OBJECTIVES AND ACTIVITIES

Aims and objectives

The objects of the Charity are governed by its memorandum of association. Its aims and objectives are to;

~~-~~ Advance the education of children and young people in Africa through the provision of grants, scholarships and facilities for education and to;

~~-~~ Relieve the needs of children and young people in Africa through the provision of food, clothing and accommodation ~~.~~

The Charity was established in 2010 to take over the support of young people and their education in Africa which had to that date been undertaken for over 8 years as one of various charitable activities of the Parochial Church Council of St Barnabas Swanland ~~.~~ The decision to set up the Charity as a separate charity reflects that the activity then being undertaken by the Parochial Church Council of St Barnabas Swanland had a wider support than simply the membership of St Barnabas and it was felt appropriate to separate it from _ its church based roots.

The Directors of the Charity all have significant experience of working in Africa over a number of years having either regularly visited projects or having resided in Africa ~~.~~ The current focus of the activity is in Nairobi Kenya, but it is not restricted to one place and various projects have been examined or are being evaluated. In past years the directors have made periodic visits to supported projects ~~.~~ The last such visit took place in 2024 by two of the directors as a monitoring visit. The cost of this visit was borne by the director personally ~~.~~ Further Trustee monitoring visits will be planned to provide assurance of safeguarding and operational activities in the schools.

The administration and day to day management during the year of report was carried out by the Directors and the secretary on a voluntary basis. There are no employees ~~.~~

Activities

Since commencement the Charity's principal activities are the financial support of two schools: one located in a slum area of Nairobi and the other in the nearby settlement of Ngong ~~.~~ The financial support includes salary contributions, contribution to the rental of premises, academic teaching materials and equipment, uniforms and food. The provision of at least one good meal a day is a key part of the aim of the Charity. The first school has named itself the 'Swanland Village School’ and the second was to set up a new Primary school for children of HIV affected families who would otherwise be denied access to the formal education system. The ongoing local management of the Swanland Village School continues to be performed by Chryspin and Flouridah Onkoba, two professionally trained individuals who furnish the Directors with regular and comprehensive management reports. Swanland Village School provides schooling at a primary level within the Kenyan education system for around 200 pupils ~~.~~

The Ngong Primary school project ("Esther's School") is a work of a dynamic woman who has been known_ to the Directors for over 20 years, Esther Wanjiru, a professional teacher ~~.~~ She has founded and ran a series of projects aimed at supporting HIV affected families in the Masai and Ngong area community. At the year's end, Esther's School was well established and admitted around 450 children of primary age ~~.~~ The founder provides the Directors with comprehensive management reports ~~.~~

The Directors require that there is, for all pupils, an element of cost sharing at a level which is affordable, to ensure that pupils and their parents and guardians have ownership of their schools ~~.~~

Page 1

Swanland Education Africa Trust

Report of the Trustees for the year ended 31st December 2025

ACHIEVEMENTS AND PERFORMANCE

Charitable activities

Monthly grants were issued to each project which totalled £98,468 during the year (£112,102 in the previous accounting period).

A restricted fund (Jewellery Fund) had a nil balance brought forward and was credited with £2,416 from sales of jewellery and ornament items created by women associated with Esther's School. £2,357 was paid out to Esther which leaves the restricted fund with a balance carried forward of £59 ~~.~~

FINANCIAL REVIEW

Investment policy and objectives

The Charity's policy on reserves is to maintain sufficient funds to allow three months of grant making activity at the historic average rate ~~.~~

The grant making policy is as determined by the objects of the Charity ~~.~~

Surplus funds are held at Barclays Bank plc in non ~~-i~~ nterest bearing accounts ~~.~~ Whilst interest rates continue at such historically low rates the cost of switching relatively small amounts of cash outweigh the benefit to be derived ~~.~~

The funds of the Charity are not sufficient to warrant the appointment of an investment adviser. In accordance with the Trustee Act 2000, the Charity's investment strategy and investment policy is to retain cash in reserves to allow three months of grant making as stated above ~~.~~

Reserves policy

The policy of the charity is to have enough reserves for three months worth of grants to the school to continue operation ~~.~~ The charity ended the 24/25 financial year with £7,333 (2024 ~~-~~ £5,779) in reserves ~~.~~

Going concern

The trustees have assessed the charity's financial position and its ability to continue operating for the foreseeable future. During 2024/2025, the charity has a positive reserves position and ended the financial year with a total reserves of £7,333 (2024 ~~-~~ £5,779) ~~.~~ The Trustees have conducted reviews of the cash flow forecast, covering at least the next 12 months ~~.~~ Based on current financial performance, secured income streams, the Trustees have a reasonable expectation that the charity has adequate resources to continue to operate ~~.~~ Accordingly, the financial statements have been prepared on a going concern basis ~~.~~

FUTURE PLANS

The directors have paid due regard to the guidance on public benefit in deciding what activities the Charity should undertake and are satisfied that the requirements are being complied with. The directors keep the guidance on public benefit under review.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

Swanland Education Africa Trust is a registered charity, number 1140208, and a company limited by guarantee, number 07418210, which is governed by its memorandum and articles of association.

Recruitment and appointment of new trustees

Recruitment of trustees is undertaken by the personal recommendation of an existing trustee. Appointment is made through an election by trustees.

Induction and training of new trustees

All newly appointed Trustees undergo a face to face familiarisation of the charity's fundraising and operating practice ~~.~~

Risk assessment

In the year the Charity reviewed its exposure to risk and adopted a detailed risk assessment with steps taken or to be taken to mitigate risk.

Page 2

Swanland Education Africa Trust

Report of the Trustees for the year ended 31st December 2025

STRUCTURE, GOVERNANCE AND MANAGEMENT

Safeguarding

After the year ~~-~~ end the Charity reviewed its safeguarding policies and procedures and in the absence of a formal written policy adopted a formal Safeguarding Policy and communicated this to the schools being supported by the Charity ~~.~~ The Charity also required those schools to adopt safeguarding policies compliant with local laws and with the Charity's Policy ~~.~~

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number 07418210 (England and Wales)

Registered Charity number 1140208

Registered office 6 Welton Wold View Swanland North Ferriby North Humberside HU14 3PX

Trustees R Swain S Waters D J Waters

Company Secretary R Swain

Independent Examiner Luke Taylor BSc(Hons) FCA Smailes Goldie Chartered Accountants Regent's Court Princess Street Hull East Yorkshire HU2 8BA

DEVELOPMENT OF THE CHARITY

Apart from activities noted elsewhere in this Report, no further moves to develop the charity were undertaken in the year of report. It is not proposed to seek to support other projects until the projects noted elsewhere in this report have been given time to establish themselves on a consistent basis ~~.~~

DIRECTORS AND THEIR INTERESTS

The directors held no interest in the Charity beyond the giving a guarantees as members of the Charity ~~.~~

Approved by order of the board of trustees On .Q§. May-2026-----+--+++-. and signed on its behalf by:

R Swain ~~-~~ Trustee

Page 3

Independent Examiner's Report to the Trustees of Swanland Education Africa Trust

Independent examiner's report to the trustees of Swanland Education Africa Trust (‘the Company’) | report to the charity trustees on my examination of the accounts of the Company for the year ended 31st December 2025 ~~.~~

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’) ~~.~~

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, | report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination | have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

| have completed my examination. | confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

| have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Luke Taylor BSc(Hons) FCA

Smailes Goldie Chartered Accountants Regent's Court Princess Street Hull East Yorkshire HU2 8BA 07 May 2026 Date: oo... ccceceeeeeeesceeeeeeeeeeeeeneeaees

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Swanland Education Africa Trust (Registered number: 07418210)

Balance Sheet

31st December 2025

2025 2024
Unrestricted Restricted Total Total
fund funds funds funds
Notes £ £ £ £
CURRENT ASSETS
Debtors 6 4,725 ~~-~~ 4,725 4,255
Cash at bank
CREDITORS
Amounts falling due within one year
7		 3,120
7,845
(571)		 59
59
~~-~~		 3,179
7,904
(571)		 2,029
6,284
(505)
NET CURRENTASSETS 7,274 59 7,333 5,779
TOTAL ASSETS LESS CURRENT
LIABILITIES 7,274 59 7,333 5,779
NETASSETS 7,274 59 7,333 5,779
FUNDS
Unrestricted funds
Restricted funds		 8 7,274
59		 5,779
~~-~~
TOTAL FUNDS 7,333 5,779

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2025 ~~.~~

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

The notes form part of these financial statements

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continued...

Swanland Education Africa Trust (Registered number: 07418210)

Balance Sheet ~~-~~ continued 31st December 2025

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on Ob May'2026 and were signed on its behalf by

R Swain ~~-~~ Trustee

1 aR _

SU ~~Wa~~ T

Q

S ~~W~~ aT

The notes form part of these financial statements

Page 7

Swanland Education Africa Trust

Notes to the Financial Statements for the year ended 31st December 2025

1 ~~.~~ ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)’, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006 ~~.~~ The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably ~~.~~

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably ~~.~~ Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category ~~.~~ Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources ~~.~~

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure ~~.~~

Taxation

The charity is exempt from corporation tax on its charitable activities ~~.~~

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees ~~.~~

Restricted funds can only be used for particular restricted purposes within the objects of the charity ~~.~~ Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Debtors and creditors

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure ~~.~~

GRANTS PAYABLE

2025 2024
£ £
Grants to institutions 100,825 112,862

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continued...

Swanland Education Africa Trust

Notes to the Financial Statements ~~-~~ continued for the year ended 31st December 2025

Net income/(expenditure) is stated after charging/(crediting):

2025 2025 2024 2024
£ £
Amount payable to the independent examiner 571 505

There were no trustees' remuneration or other benefits for the year ended 31st December 2025 nor for the year ended 31st December 2024 ~~.~~

Trustees’ expenses

There were no trustees' expenses paid for the year ended 31st December 2025 nor for the year ended 31st December 2024 ~~.~~

5~~.~~
COMPARATIVES		 5~~.~~
COMPARATIVES		 5~~.~~
COMPARATIVES		 5~~.~~
COMPARATIVES		 5~~.~~
COMPARATIVES		 5~~.~~
COMPARATIVES		 5~~.~~
COMPARATIVES		 5~~.~~
COMPARATIVES		 5~~.~~
COMPARATIVES		 5~~.~~
COMPARATIVES		 5~~.~~
COMPARATIVES		 5~~.~~
COMPARATIVES		 FORTHE STATEMENT OF FINANCIAL ACTIVITIES FORTHE STATEMENT OF FINANCIAL ACTIVITIES FORTHE STATEMENT OF FINANCIAL ACTIVITIES FORTHE STATEMENT OF FINANCIAL ACTIVITIES FORTHE STATEMENT OF FINANCIAL ACTIVITIES FORTHE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
INCOME AND ENDOWMENTS FROM fund
£		 funds
£		 funds
£
Charitable activities
Donations 107,109 400 107,509
EXPENDITURE ON
Charitable activities
Grants to institutions 112,102 760 112,862
Other costs 659 ~~-~~ 659
Total 112,761 760 113,521
NET INCOME/(EXPENDITURE) (5,652) (360) (6,012)
RECONCILIATION OF FUNDS
Total funds brought forward 11,431 360 11,791
TOTALFUNDSCARRIEDFORWARD 5,779 ~~-~~ 5,779

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Swanland Education Africa Trust

Notes to the Financial Statements ~~-~~ continued for the year ended 31st December 2025

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|||||||||||| |---|---|---|---|---|---|---|---|---|---|---| |6|.|DEBTORS:|AMOUNTS|FALLING|DUE|WITHIN|ONE|YEAR| |2025|2024| |£|£| |Other|debtors|4,725|4,255| |7.|CREDITORS:|AMOUNTS|FALLING|DUE|WITHIN|ONE|YEAR| |2025|2024| |£|£| |Accruals|and|deferred|income|571|505| |8|.|MOVEMENT|IN|FUNDS| |Net| |movement|At| |At|1/1/25|in|funds|31/12/25| |£|£|£| |Unrestricted|funds| |General|fund|5,779|1,495|7,274| |Restricted|funds| |Jewellery|-|59|59| |TOTAL|FUNDS|5,779|1,554|7,333| |Net|movement|in|funds,|included|in|the|above|are|as|follows:| |Incoming|Resources|Movement| |resources|expended|in|funds| |£|£|£| |Unrestricted|funds| |General|fund|100,580|(99,085)|1,495| |Restricted|funds| |Jewellery|2,416|(2,357)|59| |TOTAL|FUNDS|102,996|(101,442)|1,554| |Comparatives|for movement|in|funds| |Net| |movement|At| |At|1/1/24|in|funds|31/12/24| |£|£|£| |Unrestricted|funds| |General|fund|11,431|(5,652)|5,779| |Restricted|funds| |Jewellery|360|(360)|-| |TOTAL|FUNDS|11,791|(6,012)|5,779|

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