Charlty number: 230622 THE ANGLO-SWEDISH LITERARY FOUNDATION ANNUAL REPORT FOR THE YEAR ENDED 21 MARCH 2025 THE ANGLO*WEDISH LITERARY FOUNDATION TRUSTEES, REPORT FOR THE YEAR ENDED 21 MARCH 2025 ANNUAL REPORT OF THE TRUSTEES The Trustees prèsent their report and the Independent￿ examined accounts for the year ended 21 March 2025. Legal and odmlnlstratlve Infomiatlon The Anglo-Swedl8h Lrterary Foundation is a registered charity no. 230622. The princlpal address ol the Charity is 11 Monlagu Place, London. W1 H 2AL. The Charity 48 governed by a Deed of Trust dBted 21 Maroh 1927. The Charity Trustees who seNed durlng the year wgre.. A. Theander {r851gned 30 SeptembBr 2024) L. E. J. Goorgsson (resigned 30 August 20241 L. S. Gullgr8n E. L. Norqvist (appointed 30 August 2024) A. siaibo Yazgan lappoinled 30 September 20241 The Trustees can appoint new Tfustees. Accountants Wlldor Coe Ltd 111 Floor Sackvllle House 143-149 Fenohurch Street London EC3M 6BL Bankors & Investment Advlsers Invostéc Wealth and Inveslfflent 2 Gresham Street London EC2V 7PQ Handelsbanken 3rd Floor, 86 J￿myn Slreol London SW1Y6JD ObJ•¢tlve8 and actlvltle8 The objects of Ihe Charity are the encoufagemenl of cultural InlerGour88 be￿een Sweden and the 8rilish Islands through th8 promollon and diffuslon of knowledge and apprectalion of the literature and art of Sweden in the Brrtlsh181ands. THE ANGLO*WEDISH LITERARY FOUNDATION TRUSTEES, REPORT FOR THE YEAR ENDED 21 MARCH 2025 Organlsatlon The Charity is administered from ils wlnclpal offKe and do&s r¢ol have conn80lions wllh any other organisalions other than by recelving donalions from or m*ing donallDns lo them. Tho Charily's Trustees 8re resp(Insible for the preparation of the accounts. Res•r¥es poll¢y Th8 Charty malntains Its funds al a level sufficient lo me81 Its expenses. Revlew of progrnss and achlevemonts The Charity discharged its lunction8 salisfwlority In relation to Its objects. Revlew of flnanclal $tatem•nts and affalfs The Charity continued lo receNe income from its investment portfolK), mana9ed by Investec. Purchases of Equities al a cost of £74,986 (2024.. £35,486J were mode in Ihe year. Dl8posals of Equhles al orKJinal cosl 01 £67,940 (2024.. £46,082) were made in the year. The profil on these disposals was £17,724 (2024.. £5,592). The overall valuo of the Invesknents hèld by the Charity has decreased due lo Iho downturn i market CDlldillons during the year. This has resulted in a loss on revaluation of £28,330 (2024.. gain on ￿Valuat￿n of £21,885) whlch has been recognlsed in the Receipts and Payment A￿ount. 11 Is the expectation of Ihe Truslees that the value ol Investments held will continue to fluctU8te wSth the gbb market. Igren, rustge D81e'. On behalf of th8 board of Trustees /LD_ ort INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE ANGL04WEDISH LITERAR Y FOUNDATION CHARITY I report to th8 trustees on my 8xamin8lion of the accounts of The Anglo.Swedish Literary FoUndat￿n I'lhe Charity'l for th6 year ended 21 March 2025 which comprises the Summary of Receipts and Payments, the Statement ol Assets and Ll81)ililies and relat￿ notes. ThB report is made solely lo the charity's trustees, 8s a body, in accordance with sectlon 145 of the Charities Act 2011. My work has been undertaken so that I mlghl Slate to the Chority's Iru81ees Ihose matt8rs l am required lo slal8 to them In this report and lor no other purpose. To the fullest ex18nl pèmiltted by law, I do not accept or assume rèspDnslblllty lo anyone other than the Charity and the Charity's trustees as a body, lor my work, for Ihls report. or for Ihe opinK)ns I have fomied. Responslbllltles and bas18 of report As the truslees of the Charity you are responsible for lh8 pr8parallon of the accounts in accordanc8 with the requlr8menls of the Charities Act 2011 r'the Act.). I report In respect Df my examinallon of the Charity's accgunts carried out under $￿tIOn 145 of the Act and in carrying out my examination I have follow￿ all the applicable direclions given by tha Chafity Commission under section 14515llbl of th8 Act. An independent examinallon dues not involvg gathering all the evidence that would be required In an audit ahd consequently does not cover all the mallers Ihal an auditor conslders in gniing their opinlon on the accounts. The planning and conducl of an audll goes beyond the limlled assurance that an independent examination can provide. Consequently, l express no audit opinion on the accounts and my report 18 limlted to those speclflc mollers sel out In the Independent examiner's statem6nt. Ind¢pendent gxamin•rf$ statom•nt I have completed my examlnalion. I confirm that no materigl matters have Come to my all8nlbJn In connection with the examinalion giving me cause to bglieve that in any material respect: accounting records were not kept in respect of the charity 88 requlred by section 130 of the the accounts do not accord wllh Ih88e records. I have no concerns and have come across no other maltsrs in connecllon with the examinallon to which attention should be drawn In this report in order lo enable a proper under8landir¢g of the accounts lo be reached. IJ Independenl Examiner's Name.. Relevant professional qualificallon or body: Name of flrm.. Addres8: Chrls Gent BA FCA ICAEW Wilder Coe Ltd 111 Flrxir Sackvi11e House 143-149 Fenchurch Streel London EC3M8BL 2110112026 Date.. THE ANGLO-SWEDISH UTERARY FOUNDATION RECEIPTS AND PAYMENT ACCOUNT FOR THE YEAR ENDED 21 MARCH 2026 Unrestrlcted Funds 202S unr8st￿Clgd Funds 2024 RECEIPTS Invo8lment incomo Gain diapDsal ol invastments Bank interest Gdn on revaluation of Inveslmenl$ 9,672 17,724 249 9.8t4 5.592 153 21,885 Notè 2 27,645 37.444 PAYMENTS Charitable Activiti￿.. Grants, donat1(￿$ and translations Accouulancy Fund management ¢hgrgeB Sundry Loss on the revaluation ol ￿veStments 13,900 4,SOO 4,665 1,827 28,330 12,965 4.420 1.805 153,222) {19. 190) EXCESS RECIEPTS OVER PAYMENTSI (PAYMENTS OVER RECIEPT81 18,254 The30 linanclal slalements have bean preparod on a Te¢•ipts and payTllgnls basis. THe ANGLO-8WEDISH LITERARY FOUNDATION STATEMENT OF ASSEYS & LIABIUTIES AS AT 21 MRCH 2026 2025 2024 INVESTMENTS Nota 1 363,268 384,550 CURRENT A&8£TS Cash at bank 11.298 NET CURRENf ASSETS 7,006 11,296 NET ASSETS 270,271 395,848 REPRESENTED BY.. CHARITY FUNDS U reslilcted Funds Balance brought fc4ward 395,848 377.594 Exce55 of reci8pIs ov8r payment5 1 Ipaymeni8 over reE18p181 12S,6771 18,254 370,271 395,848 L. S. Gullgron THE ANGLO-SWEDISH LITEIURY FOUNDATION NOTES TO THE ACCOUNTS NOTE 1- INVESTMENTS Mathet Value al 22 M8rch 2024 Additions Dlswsals Gain on revaluation of inveslmènls Markat Value at 21 March 2025 384,550 74,988 167,940} 28,330 363 266 NOTE 2 - INVESTklENTS VALUATION Inveslmenls have been recogr¢ised in the financial slalemenls al £363,266 which iepresents Ihe Trustegs, besl estimate of the markel value of inveslments as al 21 Maich 2025, in accoTdancfj with paragiaph 10.44 of the SORP. This eslimale is based on the market valuation wovirjed by charills independent investment management company, Inveslec, 8$ al 5 April 2025. The ¢)verall value of the investments held by the Charrty ha$ decreased due lo the recent downlurn in market conditions during the year. This has resulted in a loss on revalualion 01 £28,330 whlch has tr*en recognised in Ihe Rec8iPts ond Payment Account.11 is the expectation of the Trustees th81 the value of Investments held 11 continue to flucluale with tho global market.