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 requir￿1 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 res￿nSIbIlIty 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) wh￿h give5 me reasonable cause to belw that In any materval resw the
reqU1￿Ments.
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 con￿M5 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, & bat1￿00M 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 Tn￿t 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
CF￿rItIeS 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 Sn￿11
endowment fi￿dS 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 l￿egUlarlties.

Tho Swahl•nd Tnmt
Charlty Registration 208965
COIFCh3rltles InvestmentFund Income unttsat base cort
COIFCharttiesln¥e5trnentFundAccumulaiknn Un￿5
8,630.
1,610.71
10,240.71
8,630.(kl
31,66Q66
40,294fj6
tharitie5Aid Foundation bankaccount
COACharltle5 Dewsyc Fund
ch3rft[e5￿d FoundA￿Dn d¢wltzccaunt
Uverrmres
2,37S.18
593.55
9,788.￿>
386A4
13,144m
Y,051.$7
29,593.55
26,313A3
ad
62,9S8.95
CURRENT
NÈt CurrentAsxts
3•
13,14d.07
£23,384.78
62.958.95
É103,253ffj1
Repre5enterf by..
Invesrment ReseNe.' re#fbtted
Cydlcai Maiotenants FU￿.. des*nated
Extraoldinary Repair Fund.. ts￿1￿￿ted
AcoJmulatedGeneral Rese￿e$
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•rKtrr￿tIn2
alorrepalrs
Vacant Propertyu￿11t￿s
1fl5urnnce
Bank char8e$
Gas ser￿￿CoRGI check
Independwi examlneffsfee
Le8al Fees
Oonattontostab￿Trust(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,L￿3.95
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 u￿nIa T¢eceipts and Payments tsa￿$ as In pre¥Aousyears.whlth tsan optlon fortha￿es￿1th 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￿&$. *henthis
was wound up In 2LNJO.
The dividendg from this Investment Induded in Income amount to £979.17
The income un(tsare shown at base cost In 1991 estimated to be £8,630 and are held In perpetultyodglnallythe CUC.
The market¥alue of the unlts 4t 3111212025 ts 1,726 @ £19.3219pu -£33.349.6012024 £35,026.24).
3b E¥tro0rtht￿A¢p01rfu￿rfl£RFlCo3oS8647￿￿1
The ERFwas establlshed In low and wn45t5COIF Charfties Investrnent Fund ?ccumulation unhs. Th55 Isa long term Inve#ment was
sed In 2025to meet the co# of m•Sor ￿paIrS and Improvements to IQ Iron Mill LaTre.
Costatbe8lnThlngof the year
Addluons to fund at cost
Wlthdraw•ls
Net distrfbu￿0n5 relnvested
Cost •ttbqbutable at end olytar
196.3033
31,664.66
29,294.66
1.340.00
1190.OWOI
130,053.951
1,030.00
31,664.66
196.3033
1,610.71
Marketvalue at beWnnin8 oftheyear
Increase due todlstrlbu￿ons relnvested
Addltlons to fvnd
Wlthdraw41s
In¢reasellde¢rea$el In marketvalue
Marketvalue at￿ar 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 ¥a￿nde$
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