## **Trustees’ Annual Report for the period**
**From 01/11/2022 Period start date To 31/10/2023 Period end date**
**Charity name: SWIFT AND MAHAICONY RIVERS TRUST**
## **Charity registration number: 1192360**
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|**The object of the CIO is to advance such**
**charitable purposes (according to the law**
**of England and Wales) as the charity**
**trustees see fit from time to time, in**
**particular but not limited to:**
**1 advancing the education of young**
**people for the public benefit by making**
**grants to those in particular from an**
**African-Caribbean background; and**
**2 making grants to registered charities.**|
|Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.|Para 1.17 and
1.19|**No specific charitable giving was**
**undertaken in this period.**
**See also Achievements and Performance**
**below.**|
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|**The Trustees have had regard to the**
**Charity Commission’s guidance on**
**public benefit, and have been supplied**
**with and reviewed the Charity**
**Commission’s Welcome Pack for**
**Trustees**|
## **Additional information (optional)** You may choose to include further statements where relevant about:
||SORP reference||
|---|---|---|
|Policy on grant making|Para 1.38|**The charity’s Grant Making Policy was**
**submitted to the Charity Commission as**
**part of the registration application, and it**
**has now been formally adopted by the**
**Trustees.**|
|Policy on social investment
including program related
investment|Para 1.38||
|Contribution made by|Para 1.38||
|volunteers|||
|---|---|---|
|Other||**An (unsolicited) donation from PayPal**
**Giving Fund was gratefully received in**
**February 2023**|
## **Achievements and Performance**
||SORP reference||
|---|---|---|
|Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|**The founding Trustees David and Cynthia**
**Medas wish to gift specific assets**
**through their wills on their deaths, or**
**during their lifetimes should funds**
**become available, for the charitable**
**purposes identified in Objectives and**
**Activities above.**
**The Trust does not actively fundraise and**
**will pursue the charitable aims desired by**
**its donors through careful stewardship of**
**its existing resources, including in due**
**course the Estate of the founders.**
**No charitable giving was undertaken in**
**this period.**|
## **Additional information (optional)**
You may choose to include further statements where relevant about:
|Achievements against
objectives set|Para 1.41||
|---|---|---|
|Performance of fundraising
activities against objectives
set|Para 1.41||
|Investment performance
against objectives|Para 1.41||
|Other||**Trustee Jonathan Jacobs stepped down**
**from his role in November 2022**|
## **Financial Review**
|**Financial Review**|||
|---|---|---|
|Review of the charity’s
financial position at the end
of the period|Para 1.21|**The Charity holds £500 carried over from**
**the previous period, plus a further £17.96**
**received during the period from PayPal**
**Giving Fund**|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**This reserve is being held to cover**
**operating costs arising**|
|Amount of reserves held|Para 1.22|**£517.96**|
|Reasons for holding zero
reserves|Para 1.22||
|Details of fund materially in
deficit|Para 1.24||
|Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23||
## **Additional information (optional)**
You may choose to include further statements where relevant about:
|The charity’s principal
sources of funds (including
any fundraising)|Para 1.47||
|---|---|---|
|Investment policy and
objectives including any
social investment policy
adopted|Para 1.46||
|A description of the principal
risks facing the charity|Para 1.46||
|Other|||
## **Structure, Governance and Management**
|Description of charity’s
trusts:|||
|---|---|---|
|Type of governing document
(trust deed, royal charter)|Para 1.25|**CIO Constitution**|
|How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|**CIO**|
|Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|**The CIO constitution requires that “In**
**selecting individuals for appointment as**
**charity trustees, the charity**
**trustees must have regard to the skills,**
**knowledge and experience needed**
**for the effective administration of the**
**CIO”**
**The first charity Trustees have been**
**selected by the founders giving regard to**
**their probity, their support of the**
**charity’s objectives, and their relevant**
**experience with regard both to the**
**charitable aims and the future**
**maintenance of the founders’ Estate.**
**Future Trustees, as and when required,**
**will be sought in accordance with the**
**constitution, and with reference to the**
**Charity Commission’s guidance “Finding**
**New Trustees”**|
## **Additional information (optional)**
You may choose to include further statements where relevant about:
|Policies and procedures
adopted for the induction and
training of trustees|Para 1.51||
|---|---|---|
|The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51||
|Relationship with any related
parties|Para 1.51||
|Other|||
## **Reference and Administrative details**
|Charityname|SWIFT AND MAHAICONY RIVERS TRUST|
|---|---|
|Other name the charityuses||
|Registered charitynumber|1192360|
|Charity’s principal address|233 Windmill Road
London W5 4DJ|
## **Names of the charity trustees who manage the charity**
|1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**|
|---|---|---|---|---|
||Francesca
Culverhouse|Trustee|||
||Jonathan Jacobs|Trustee|01/11/2022 to
22/11/2022||
||Cynthia Medas|Secretary|||
||David Medas|Chair|||
||Alec Saunders|Trustee|||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
– Corporate trustees names of the directors at the date the report was approved
**Director name**
Name of trustees holding title to property belonging to the charity
**Trustee name Dates acted if not for whole year**
## **Funds held as custodian trustees on behalf of others**
Description of the assets held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
## **Additional information (optional)**
## **Names and addresses of advisers (Optional information)**
|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|
|---|---|---|
|**Type of**
**adviser**
**Name**
**Address**|||
|Legal|Catherine Rustomji
Partner|Shakespeare Martineau LLP
No 1 Colmore Square
Birmingham B4 6AA|
## **Name of chief executive or names of senior staff members (Optional information)**
## **Exemptions from disclosure**
Reason for non-disclosure of key personnel details
## **Other optional information**
## **Declarations**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
|**Signature(s)**
**Full name(s)**
**Position (eg Secretary,**
**Chair, etc)**
**Date**|||
|---|---|---|
||David Ainslie Richard Medas|Cynthia Angela Medas|
||
Chair|Secretary|
||05.07.2024||
||05.07.2024||
|**1192360**
**SWIFT AND MAHAICONY RIVERS TRUST**
01/11/22
31/10/23
**No (if any)**
**Charity Name**
**Receipts andpayments accounts**
Period start date
Period end date
**To**
**For the period**
**from**|**1192360**
**SWIFT AND MAHAICONY RIVERS TRUST**
01/11/22
31/10/23
**No (if any)**
**Charity Name**
**Receipts andpayments accounts**
Period start date
Period end date
**To**
**For the period**
**from**|**1192360**
**SWIFT AND MAHAICONY RIVERS TRUST**
01/11/22
31/10/23
**No (if any)**
**Charity Name**
**Receipts andpayments accounts**
Period start date
Period end date
**To**
**For the period**
**from**|**1192360**
**SWIFT AND MAHAICONY RIVERS TRUST**
01/11/22
31/10/23
**No (if any)**
**Charity Name**
**Receipts andpayments accounts**
Period start date
Period end date
**To**
**For the period**
**from**|**1192360**
**SWIFT AND MAHAICONY RIVERS TRUST**
01/11/22
31/10/23
**No (if any)**
**Charity Name**
**Receipts andpayments accounts**
Period start date
Period end date
**To**
**For the period**
**from**|**1192360**
**SWIFT AND MAHAICONY RIVERS TRUST**
01/11/22
31/10/23
**No (if any)**
**Charity Name**
**Receipts andpayments accounts**
Period start date
Period end date
**To**
**For the period**
**from**|**CC16a**|
|---|---|---|---|---|---|---|
||**For the period**
**from**|01/11/22
Period start date|**To**||31/10/23
Period end date||
||||||||
|**Section A Receipts and payments**|||||||
|**Unrestricted**
**funds**
**to the nearest £**
**A1 Receipts**
**-**
21/02/2023 PayPal GivingFund
**18**
**-**
**-**
**-**
**-**
**-**
**-**
**_Sub total_**_(Gross income for AR)_**18**
**A2 Asset and investment sales,**
**(see table).**
**-**
**-**
**_Sub total_ -**
**_Total receipts_ 18**
**A3 Payments**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**_Sub total_ -**
**A4 Asset and investment**
**purchases, (see table)**
**-**
**-**
**_Sub total_ -**
**_Total payments_ -**
**_Net of receipts/(payments)_ 18**
**A5 Transfers between funds**
**-**
**A6 Cash funds last year end**
**500**
**_Cash funds this year end_ 518**||**Restricted funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Endowment**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**||**Total funds**
**to the nearest £**
**-**
**18**
**-**
**-**
**-**
**-**
**-**
**-**
**18**
**-**
**-**
**-**
**18**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**18**
**-**
**500**
**518**|**Last year**
**to the nearest £**|
|||||||**-**|
|||||||**-**|
|||||||**-**|
|||||||**-**|
|||||||**-**|
|||||||**-**|
|||||||**-**|
|||||||**-**|
|||||||**-**|
||||||||
||||||||
|||||||**-**|
|||||||**-**|
||||||||
|||||||**-**|
||||||||
|||||||**-**|
|||||||**-**|
|||||||**-**|
|||||||**-**|
|||||||**-**|
|||||||**-**|
|||||||**-**|
|||||||**-**|
|||||||**-**|
|||||||**-**|
||||||||
|**A4 Asset and investment**
**purchases, (see table)**|||||||
||**-**||||||
||**-**||||||
|**_Sub total_ **|**-**|||||**-**|
|**_Total payments_ **
**_Net of receipts/(payments)_ **
**A5 Transfers between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_ **|||||||
|||||||**-**|
||||||||
||**18**|**-**|**-**||**18**|**-**|
||**-**|**-**|**-**||**-**|**-**|
||**500**|**-**|**-**||**500**|**-**|
||**518**|**-**|**-**||**518**|**-**|
## **Section B Statement of assets and liabilities at the end of the period**
|||||||||**Unrestricted**|**Unrestricted**||||**Restricted funds**|**Restricted funds**|**Restricted funds**|||**Endowment**|||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||**Categories**|**Details**||||||**funds**||||||||||**funds**|||
|||||||||**to nearest**|**£**|||||**to nearest £**||||**to nearest £**|||
|**B1**|**Cash funds**|Carried forward from 31/10/2022|||||||**500**|||||**-**||||**-**|||
|||Donation from PayPal Giving Fund||21.02.23|||||**18**|||||**-**||||**-**|||
||||||||||||||||||||||
||||||||||**-**|||||**-**||||**-**|||
||||||||||||||||||||||
||||**_Total cash funds_**||||||**518**|||||**-**||||**-**|||
||||(agree balances with receipts|and payments|||||||||||||||||
|||||account(s))|||OK||||||OK||||OK||||
|||||||||**Unrestricted**|||||**Restricted funds**|||||**Endowment**|||
|||||||||**funds**||||||||||**funds**|||
||CCXX R1 accounts (SS)|**Details**||~~1~~||||**to nearest**|**£**|||||**to nearest £**||||05/07/24
**to nearest £**|||
CCXX R1 accounts (SS)
|**B2 Other monetary assets**||||||
|**-**
**-**|
||
|
|**-**
**-**|
||
|**-**
**-**|
|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||**-**|||||**-**||||**-**||
||||||||**-**|||||**-**||||**-**||
||||||||**-**|||||**-**||||**-**||
||||||||**-**|||||**-**||||**-**||
|||||||||||||||||||
||**Details**|||||**Fund to which asset**
**belongs**|||||**Cost (optional)**|||||**Current value**
**(optional)**||
|**B3 Investment assets**||||||||||||**-**||||**-**||
|||||||||||||**-**||||**-**||
|||||||||||||**-**||||**-**||
|||||||||||||**-**||||**-**||
|||||||||||||**-**||||**-**||
|||||||||||||||||||
||**Details**|||||**Fund to which asset**
**belongs**|||||**Cost (optional)**|||||**Current value**
**(optional)**||
|**B4 Assets retained for the**||||||||||||**-**||||**-**||
|**charity’s own use**||||||||||||**-**||||**-**||
|||||||||||||**-**||||**-**||
|||||||||||||**-**||||**-**||
|||||||||||||**-**||||**-**||
|||||||||||||**-**||||**-**||
|||||||||||||**-**||||**-**||
|||||||||||||**-**||||**-**||
|||||||||||||**-**||||**-**||
|||||||||||||||||||
||||||||**Fund to which**||||**Amount due**|||||**When due**||
||**Details**||||||**liability relates**||||**(optional)**|||||**(optional)**||
|**B5 Liabilities**||||||||||||**-**||||||
|||||||||||||**-**||||||
|||||||||||||**-**||||||
|||||||||||||**-**||||||
|||||||||||||**-**||||||
|||||||||||||||||||
|Signed by one or two trustees on behalf
of all the trustees|||Signature||||Print||Name||||||Date of approval|||
|||||||David Medas|||||||||05/07/24|||
|||||||Cynthia Medas|||||||||05/07/24|||
|||||||||||||||||||
CCXX R2 accounts (SS)
05/07/24
2