THE SWAISLAND TRUST TRUSTEES REPORT AND AccouKrs FOR THE YEAR ENDED 31ST DECEMBER 2025 CHARITY REGISTRATION NUMBER 208965 Bank: CAF Bank Ltd 25 Kings Hill Avenue Kings Hill West Malling Kent ME19 4JQ Independent Examiner: Finsbury Robinson Ltd 237 Westcombe Hill London SE3 7DW
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE SWAISLAND TRUST FOR THE YEAR ENDED 31 DECEMBER 2025 I rety)rt to the charlty trustees on my examination of the accounts for the year ended 31 t)ecemter 2025. Responslbllltles and Basls of Report The charlvs trustees are responsible for the preparatlon of the accounts. The charfvs trustees conslder that an audit is not requir1 for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) or under Regulation 10(I)(d) of the Charities Accounts (Scotland) Re9ulations 2006 (the 21x16 Accounts Regulation5) and that an Independent examination is needed. It Is my resnSIbIlIty to: examine the accounts under section 145 of the Charides Att 2011 to follow the prc(edures laid down in the general Direttions given by the Charity Commission urKler 5ectron 145(5)(b) of the 2011 Act; and to state whether particular matters have come to my attentlon. Independent Examlner's Statement I have completed my examination. I conflnn that no matters have come to my attention in connectlon wlth the examlnatlon glvlng me cause to believe.. (l) whh give5 me reasonable cause to belw that In any materval resw the reqU1Ments. to keep accounting records In accordan with section 130 of the 2011 Act; and to prepare accourtrts which accord with the accounting records and to comply wlth the accounting rex]uirements of the Act have not b*n met; or (2} to which, in my oplnion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. I have no conM5 and have come across fKJ Other matters In connection wth the examination to whlch attention should be drawn In thls rep)rt In order to enable a proper understanding of the accounts to be reached. Gemma Fogaty 3rd July 2026 237 Westcofflbe Hill London SE3 7DW
THE SWAISLAND TRUST Cbari stration 208965 ANNUAL REPORT OF THE TRUSTEES For the Year Ended 31st December 2025 The trust comprises one propety in Iron Mill Lane Crayford Kent DAI 4RW and was once known the "Clergy House" It Is divided into two 5elf-contaÈned flats 10 and 104 which botb have 3 rooms, & bat100M and a kitchen. Liverniores rna[¢ the properties. Ob ectives and Public benefit: The tn]st deed, which has been in existence since 1876 originally provided nurses for the sick and nourishing food for poor convalescents and to benefit the deserving poor. Surplus income from the Swaisland Tnt provides additionat funding for the Stable Almshouse Trust which is on the same sits. tn 2024 major work to the roof was undertaken at a cost of £19,000. In 2025 the downstairn flat was completely renovated with a new bathIoom and kitchen, fire and Sound proofmg between the flats was instslled, insulation w&8 added and the flooring was replaced throughout. Reserves: In 2000 the trustees set up a repair fimd for the propety, which is invested in the CFrItIeS Official Investment Fund (COIF) to be used as a long-terni investment for future repairs and a cyclical maint¢Dance fund for routine repairs. Amounts transferred into these fimds are in line with the recommendations of the National Almshouse Association. There were no transfers in 2025 as reserves were used to pay for the renovatio tn the year 2000 the Crayford United Charities, which was an arnalgamation of several Sn11 endowment fidS left in perpetuity, was wound up and the 1.726 COIF income shares were transferred to the Swaisland Tn. These are shown at base cost ¢stimated from 1991. Their market value is showi in the notes to the accounts. Trnstees: An(Irew Sinclair (Chair), Carol Demuth (Tre&surer), David Day, ClIr Melvin Seymour (Local Authority), R¢vd. Paul Prentice (R¢¢tor St Paulin Church). Trustees, res nsibiliti¢s The trwstees are required ullder the Chartties Act 2011 to pr¢pare financial statements for each fllmncial year which give a true and fair view of the charity's fukqncial activities during the year and of its financial position at the end of the year. In preparing fll]ancial statements giving a true and fair view, the trustees should follow best practice and: (a) (b) (e} Select suitable accounting policies and apply them consistently. Make suitabl¢ judgements and estimates that are r¢asonable and prudent. State whether applicable accounting standards of recomtnended practice have been followed, subject to arty departures dlsclosed and explained in the financial statements. Prepare the fllwncial statements on a going concern basis unless it is inappropriate to presutlle that the charity will continue in operation. (d) The trustees are resrx)nsible for keeping accounting records, which enable them to disclose with reasonable accuracy the financial position of the charity, and for ensuring that they comply with applicable law and r¢gulations. They are also responsible for safeguarding the assets of the clwity and for taking reasonable steps for the prevention and detection of fraud and other legUlarlties.
Tho Swahl•nd Tnmt Charlty Registration 208965 COIFCh3rltles InvestmentFund Income unttsat base cort COIFCharttiesln¥e5trnentFundAccumulaiknn Un5 8,630. 1,610.71 10,240.71 8,630.(kl 31,66Q66 40,294fj6 tharitie5Aid Foundation bankaccount COACharltle5 Dewsyc Fund ch3rft[e5d FoundADn d¢wltzccaunt Uverrmres 2,37S.18 593.55 9,788.> 386A4 13,144m Y,051.$7 29,593.55 26,313A3 ad 62,9S8.95 CURRENT NÈt CurrentAsxts 3• 13,14d.07 £23,384.78 62.958.95 É103,253ffj1 Repre5enterf by.. Invesrment ReseNe.' re#fbtted Cydlcai Maiotenants FU.. des*nated Extraoldinary Repair Fund.. ts1ted AcoJmulatedGeneral Resee$ 8,630.C 59355 L610.71 12550S2 £23.384.78 8,630. 2959355 31.664.66 33,365.40 £103,253.61 Thd 318 2026 202 Reni.. Resklontlal Prorerty iO&iOa BaAk Inte$t COIF dlvldends Profiton Sale ofERFunlt5 40. J551.(S 979.17 18,67&68 35.047.68 17.070.ri) 2ts21.16 953.44
JS44. E¥gendlture anagementexpense$ Repair5& Ma1nten•rKtrrtIn2 alorrepalrs Vacant Propertyu11ts 1fl5urnnce Bank char8e$ Gas serCoRGI check Independwi examlneffsfee Le8al Fees OonattontostabTrust(hartty 1,638.72 5A39. 19.148.Lil 3,609. 107,21142 399. 1,077.38 1.022.81 210.CI) 420. 276.L 354.ri) loj. 37.938.53 114.916.51 179,86&831 IiY.Y¥S.931 TRAP45FER TO FUNOS Cydlcal Malntenance Fuodtran5ferredto GeDeTrl Extraordlnary Repalr Fund trènsferredtoGerwal 29,(Kn. 3o,L3.95 11.66&(X)I 11,yo.coi 59,053.95 NET MOVEMEtiriN FUNDS 120,81&881 120,401.931 GENERAL FUNDS BROUGHT FORWARO 33,365.40 53.76733 SENERAL FUNDS ¢ARWED FORWARD £12550.52 £33,365. Chalr: Andrewslnclalr Date.. i& .
Sw 151and T ements at 31st 0 to the Fln ber2025 i Auount1 Polldes These accounts have been prepared unIa T¢eceipts and Payments tsa$ as In pre¥Aousyears.whlth tsan optlon forthaes1th 811 Incorne under £250.000. 2 Property 10 and loa Iron Mlll Lane, Crayfonl, Kent DAI 4RW 10 & loa Iron Mill Lane are perrnanentry endowed by the trust dowmentand are used solelyfor¢harftsble purpose$. The orlglnalcost Is not known and no value is attributed thereto. The insurancevalue to rebulld Is £821.594. The property prowde5 resident131 iccomodztion by means of rwo flats. io fulfill the charitableoblectlve5 of the Trust Flat 10 was renovated In 2025 at a cost of E107.212.42. The reserves ofthe ERF and CMFwere used forthls. 3a Reserves Pernwnent¢ttdawm¢ntlnvesTrnentreseNe C03058648.tXII Thls long term Investmentof 1726 COIF Fund Income shares Includes uN$transferredfr0rn the Crayford Untted Char&$. *henthis was wound up In 2LNJO. The dividendg from this Investment Induded in Income amount to £979.17 The income un(tsare shown at base cost In 1991 estimated to be £8,630 and are held In perpetultyodglnallythe CUC. The market¥alue of the unlts 4t 3111212025 ts 1,726 @ £19.3219pu -£33.349.6012024 £35,026.24). 3b E¥tro0rthtA¢p01rfurfl£RFlCo3oS86471 The ERFwas establlshed In low and wn45t5COIF Charfties Investrnent Fund ?ccumulation unhs. Th55 Isa long term Inve#ment was sed In 2025to meet the co# of m•Sor paIrS and Improvements to IQ Iron Mill LaTre. Costatbe8lnThlngof the year Addluons to fund at cost Wlthdraw•ls Net distrfbu0n5 relnvested Cost •ttbqbutable at end olytar 196.3033 31,664.66 29,294.66 1.340.00 1190.OWOI 130,053.951 1,030.00 31,664.66 196.3033 1,610.71 Marketvalue at beWnnin8 oftheyear Increase due todlstrlbuons relnvested Addltlons to fvnd Wlthdraw41s In¢reasellde¢rea$el In marketvalue Marketvalue atar end 196.3033 51,159.70 47.417.66 1,030.Tr) 1,340.00 1190.OLK)01 149.548.991 1.372.04 51.159.70 55.5345 &3033 1.610.71 3c CyclkulMclnteMneeFuftd(CMFI C0305864&WI Estsblished In 20rK)to meet routine maintenance ¢05t> ozs 29.593.55 2024 27.925.55 1,668.C¥) COIF Ch8Yltles Deposlt Fund bfwd Additions Withdrawals Value of CMFatend of year 29,lYJO.CQI 593.ss 29.593.55 Income received 4 ResSdenUal full Income assumes t)0 ¥ande$ Nurnber 10 empty forrenovation from August 2025 Full incom 5 Mana ernent Commlsslon to mana8ln8 agent rEntcolle¢Yon Total Marsaging agentlees 1.328.71 El.328.71 1.638.72 £1.638.72 6 Moveme In Restrkied Oesf8nated Designated Endowment Cyclical ExtrJordinary Investment Maintenance RepairFund Gener31 reserve 3L664.66 33,365.40 Vt)Trstrirted Totsl Reserve5 BrouBhtforward Addltlon Withdrawa15 stributions relnvested Carrfed foNard 8.630.00 29.593.55 103.253.61 0.00 179,868.831 129,thJ.LKII 130.053.951 120.814.881 8.630. 593.55 1.610.71 12.550.52 23.384.78