Docusign EnvÈlope ID." 8EEBCCEU2AD4CB2-8852-BDDgC1445FC7 Swann.Morton Foundation Annual Report and financial statements For the year ended 30 June 2021 Charity No 271925 Docusign Envelope ID." 8EEBCCEU2AD4CB2-8852-BDDgC1445FC7 SwannwMtsrt0￿ Fèundatlon Annual Rèpèrt and financial s*at?monts lor Ihe year ended 30 Jurt• 2021 Trustees and advisers Charity registratlon number. 271925 Bankors: B2rdy Bank Pk PO Btsx 138) 2 Court Sl Ib.bTrIFi S9 2IVU Sollcltors: Smsth 2-Ienrer Street SHEFFtELD SI 4BY Trustees: JIGA Address: Penn IVt)rks ChT]erton Cyreen S6 2BJ Indep•nd•nt examlner. P¢trr Edw)xds FCA GrAAt ThomEOrt UK LIP Chartered AccowLfonts l Holly Street SHEFFIELD S1 2Gr Docusign Envelope ID." 8EEBCCEU2AD4CB2-8852-BDDgC1445FC7 Swannvmorton Foundatlon Annual Rgport and flnan¢l/l statgm•ttts for thg year •nd8d 30 Jyn• 202 Index Trustees, reporl Indepe#dent examiner's report Stat•m•nt of Ilnanelal actMtI•s Balance sheet Notes to the financial Statements 7-10 Docusign Envelope ID." 8EEBCCEU2AD4CB2-8852-BDDgC1445FC7 Swanrt•Morton Foundatlon Annual Report and fin#ndal 8tstemertls for th• year wjdod 30 June 2021 Trustees, Report The ttt25tees their wrt *nd the starerntnts for the year etAcd 30 Junc 2(Pl. Trustees of the company The r￿Stee& ivho heid office duiing dje year wett 4$ Follows: J l M J McGithy Trustees. R•port The tw¥tee¥ pxesent theit ry)tsrt kng￿lth th¢ finaThial ststemrDts ofdK Chlltity for the F etmled 30 Jutt 2021. con¥ly with the Ch2riry's rwst (ked and app]ical)kJaw. Constitullon and objects Th¢ Swann.fvlorton EoutM]ation ts a ttustdeed datrd 12 May 1976 and is a Lrgi5trrcd Chatity No.. 271925. The *Ld objective3 Of￿ Ch￿lty Ed10￿. grants to w schtK)l. collegq urriF*5Aty or other educ2tion21 instiwtion forits edLUtion21 purposes 8eneTrUy or for particu1sred￿qti0nal puwse thertofand by ttk*knng £￿A.- ants. scholarships, exhiixtiorks and pxiics Eot the of S￿dY a￿] leaming and the assistance of Per50[￿ Ixiog ¢d￿St£d or P￿¢￿IseS otstudy or karlli￿ at any ￿ sdxh)I cdlege Lthivetsity cm￿0YreS or follncr ernploytts of W R Swjnn & Co IillJitEd. T1￿ ￿lief0f wEft￿% and disttrss ￿ those who 2rt tnfimi iniuted oi otlJeLwA8C physic2lly or rnentally ha￿t£9p[￿ ot di52bk(L The re]ief of povety andia p2rna]12t the provision of fin*tKig1 At other to gny pcr50ns who are ￿loY￿s or fOnr￿[enyloyees ofWRSwaoD & Co timittd. The PtonM)tt(￿ of #ny otlxrclxarit#ble tDJ5t or c¢)rt*¥ny for rtjief of Sufferi￿ ot dist￿55. Thcst aims and obicctsves lry tht ¥p]ic¥tion of the fi]n&. The Charlty ca￿leS outthese thir£ttvts by dOn*tiO￿ tD local a￿1 Datioo21 clwiries artd giiryng study grants to l(Kal 5ttKlenis. The ttUStee5 confj&nt th*t the ChllEtty dEThKXlltTrtes prcyAy wbbc txtrfit Lwecrcd by the Chariry Cotnmission through these ain￿ obi¢ctive& Th Ch9fiEy kn referred to the 8udat)ce contsincd in thc Cl￿ty Comrwsiw's getW21 ￿￿A2￿Ce IML public benefitwkn revming ¢M]r al[[￿ aad obFcuvcs and in plthiing fi]tu activities. Appolnlment of Trust••4 Induction and Tralnlng New ttustees may be ￿P￿Al¢d by a ttsolution of the existin8 rnLSttts..Nvwty dtctrd ttustees yven a btkef on Docusign EnvÈlope ID." 8EEBCCEU2AD4CB2-8852-BDDgC1445FC7 Swann-morton Foundatlon Annual Repor* and flnanclal Statements lor the year ended 30 Juno 2021 Trustees, Report Relatod Partie The Chaxity joitidy conrmls & Co Iimtred Oic￿ vnth WJL Swjn & Co EThTAo)'ees Benefit SchEtnE. The Charity's xcouThrgAcy costs ¥r¢ Eome by SwanTrNlorton a subsÉ(b￿ oEW.li Swann & Co tAu*ted. A Rlsk Statement The t￿SteeS beheye that (h]e to the Fact the Cbxtity is fiukled Fry * ￿￿aId donation from the W.IL & Co Gry)￿, that tlL¢ Ch2titytsa't at s4akfic2llt fisk Oryanlsatlon The tnjsrees Evho have xrved sI￿e yE¥r etd I￿ Set Out￿ p4e l. TDtstees tr appo￿tra by the bo*rd of tW5tees. A55e55ment of khievements The piin]ary perfollnattce Andicllto￿ ift putsjit of the Clwirfs obieciives we dr 4rAwit oEdonauc*fLS made to Charitics to givc tclicE Ftom povetty tr suffenre. Tr Charity donated D).747 pir20.. £87,812) dullng the yest. Grantllo¥n making poIi¢y The Charity invites applLcations fot 61￿ll¥ of pÈoiects from knpitaJ% Ch￿￿tica aEKI sttjdcnts. Applicants ￿ inwted to subn-rit a of their pws1s in a f<￿[DIL The app]it*ti(L% *Le AevAewed against st￿1￿¢ criteDo researth obi¢ctivcs which gre set by tkLe ttustee5. Flnanclal revlow and Invostrnent polky The Charity did llot ¢¥￿e￿ JnF r2i5iag acrivitie5 dllti￿ yeat. its sole iticome Ix&ng recelved trt the fotm of dividend or ￿(t 2id 25 AdeAtif*d on the Stllten￿t of Actrviiies. Tr Clyarity has made * ￿tIO$S of £1226 duting theyc*r. btirtgrtg the reserves ￿£￿).432 R•s•rves pollcy It is the p]icy ofthe Charity to Mainta￿ ullrestric￿d fi]Th15, ate the fLtt rneEYes oEthe Ch￿lty. It a leyd which ¢qu2te5 ro approxitDatrlF twdve ￿￿￿th5. UttLestricLed expthdittllt. This provi be prod￿ed $0 that the ttcessary steps be t¥ken to lttsen these tisks. Trustees. Re$ponslbllltlos Statement The ttustees tesponsible forPtrywi￿ the T￿￿tees. Report and the in xciJrd2a(z applicxble law and regdations. The Chatitye¥ Act 2011 wAir¢s the tLU5Lees to fi[J*ti(j￿ st#ten￿￿ for each fin*Kiai year. The ttwttes have to prepgre the financig15tstetnents in xcotdgJKe with Urll￿ Tr&￿0￿ G¢￿tIl￿.4¢¢¢P¥ed knrLDfJg PTrcii£e (Lrnted Kiwlorn ACc￿nI￿￿8Stgnd￿ 2tJd applicable hw). I￿lUdI￿ FILS I￿2 Thc Pinancigj RcpoEting StAnditd Ippknc8b]e in the UK and R£publLC olIrelgnd. The tn]Stces fflust tK)t gpptOFe tk fAnanci9J ststett)ents unltss the) g Sall5fied thxrthey give # and fxr view of the $tatr of aff•irs of the chgriry A￿[ of th¢ iwotrllng resources and %ppiication olttsouLres. I￿lUding inconK and exp¢ndiwre. OE the ch2zity for th2tpenixl. In pry2ting these sdect suittbjt ¥countrg [￿￿e5 gnd appty CO￿lstend5' observe the methc¥h and pun￿1¢$ the Ch2riiies SORP (FRS IOZ). Docusign Envelope ID." 8EEBCCEU2AD4CB2-8852-BDDgC1445FC7 Sw?nM-Morton Foundatlon Annual R•port and flnanclal ¥t•t•m•b)ts lor the year end•d 30 Jun• 2021 Trustees, Report Th¢ rwstees ￿ tespothle keepthg Adequate ￿c(AlA11n8 ￿CordS that gtt s￿￿￿1t￿t to show the enable thern ro ¢nsure that thc Stste￿￿nts CO￿ty wjith the (j￿ItieS Act 2011. the Cbatiry {AcCoL￿ts and Reports) Re￿latIOnS 2￿8 and the provi5ion5 oFthc (ked They arc a]so rc5W)tLsible for SgfWard￿g the #88ets ofthe clwity atMI heniz for [￿k￿8￿￿80nlE4t strps for the pre¥￿tIon ond Lktection of fraud atMI other Arre8U1￿1ts¢$. Golng ¢on¢om Thc ttustees have a ￿&SO￿ab￿ exWts(￿ that the cb2ri¢y has adequate resou￿ to coniinue Jn operdtiongl istence for the foyeseeabk fututt. The e7pecred inyatt DfCoV1￿19 ts rdattvdy MiniTh￿. The clwity has confittned th9¢ iLh*s 4dequAtt cash Eor at Itast 12 nx)ntlL% following sigrn￿ octhese fyn0￿1 ¥tstctr￿ts 44ppry)Yed by the Tmstces on ? . * L. li M J fvIcGinky Tn￿tee DocuSign Envelope ID: 8EEBCCE4-62AD-4CB2-8852-BDD9C1445FC7 4 ## Independent report to the trustees of Swann-Morton Foundation I report on the accounts of Swann-Morton Foundation (the "charity") for the year ended 30 June 2021, which are set out on pages 5 to 10. Your attention is drawn to the fact that the charity's trustees have prepared the charity's accounts in accordance with the Statement of Recommended Practice '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) issued in October 2019 in preference to the Statement of Recommended Practice 'Accounting and Reporting by Charities: Statement of Recommended Practice (revised 2005)' issued in April 2005 which is referred to in the Charities (Accounts and Reports) Regulations 2008 but has been withdrawn. I understand that the charity's trustees have done this in order for the charity's accounts to give a true and fair view in accordance with United Kingdom Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2019. This report is made solely to the charity's trustees, as a body, in accordance with the regulations made under section 154 of the Charities Act 2011. My work has been undertaken so that I might state to the charity's trustees those matters I am required to state to them in an independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity's trustees, as a body, for my work, for this report or for the opinions I have formed. ## Respective responsibilities of trustees and examiner trustee are responsible for the preparation of the accou s consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 and that an independent examination is needed. ## It is my responsibility to: - examine the accounts under section 145 of the Charities Act 2011; - to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011; and - to state whether particular matters have come to my attention. ## Basis of independent examiner's statement My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a comparison of the accounts with the accounting records kept by the charity. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair' view and the report is limited to those matters set out in the statement above. ## Independent examiner's statement In connection with my examination, no matter has come to my attention: - which gives me reasonable cause to believe that in any material respect, the requirements: - to keep accounting records in accordance with section 130 of the Charities Act 2011; and - to prepare accounts which accord with the accounting records; and - to comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 - have not been met, or - to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Peter Edwards FCA Grant Thornton UK LLP Chartered Accountants Sheffield Date: 9/12/2021 Docusign EnvÈlope ID." 8EEBCCEU2AD4CB2-8852-BDDgC1445FC7 $wann.M¢rton Fou*dati¢)n Annual R•port and Ilnanelal *tat•m•nts for the year ended 30 Jun• 2024 Statement of financial activities Utstestsicted Total flllld& Fwids Totsl EL￿d$ 2020 Note 20 Income Donaiions legacies Intcrc5t Total Ancotnc 80,000 PA>,￿0 80J)04 80.03) Expeodim Donations and ad￿lAis￿￿￿y¢ wrkxs Tor91 ewndltute 812 81230 88.194 88,194 81230 Ner moytments in EurLd {1,226) (4226) (8,1591 Reconcijiauon of funds Toral Funds brought fvnvard gt l Juiy2WA) Totsi ￿ttds ¢atrted foThv2rd at 30 June l(K)ffj58 99.432 IIH).658 99,432 108.817 100,658 Th• a¢¢eJmpanyln9 accountlffig pdl¢l•s •nd noQ•$ form Int•gr* part ￿ tlwse •c¢ount Docusign Envelope ID." 8EEBCCEU2AD4CB2-8852-BDDgC1445FC7 5wann.Mortoll Foundation nual Report and financial Jtatemonts for the year ended 30 Juna 2021 Balance sheet No Fixed asgets Cuueot assets Cash at hnk attd sti hand 3,432 15,658 Credltor¥ Anx)unrs.' falling withinone year (3,(M)D) (14.00 Nei eurrent assets 432 1.6>8 Net asse1$ 99,432 tIK).658 The fund8 of the thadty. Untestslcted futtd Unrestricted ifjcome Eut 99,432 I(m)￿S8 Total Cbatity fiittds 99,432 100,658 The accounts TJAete approyed by the Board on % a?. T￿￿tee Docusign Envelope ID." 8EEBCCEU2AD4CB2-8852-BDDgC1445FC7 gwann-MoYt¢)n Foundation Annual Report and financial ¥tatements lor the yèar end•d 30 Jun• 2021 Notes to the financial statements ChaTIty Inlorn￿tklfft Greeo Sheffidd, S6 2BJ. Prlnclpal ae¢ounting policles Basls of prnp•ratlon The $rat￿￿entS hwt Etthprepattditi a￿2￿ce with.SratenYnt of&eCOttM￿￿l PrdcticL (Accounting and Repjrting by ChaIlr￿s) PreP￿Ing dxit xctrjttts in xcokne with the Fttwxial Rewting Statsda￿ applicable in the UK arxd Eiepubhc of Irdand (FRS I(Y2), the FuJ*ocI￿ Rwtitig S￿￿9[d app]ic2bkJn UK *Ad Republ of Ireland (FKS 102) the Chatkiies A£t2011. Orton Found*iion n*ets the deftijition tsf 2 Pubfic BenefirEnury FFS IOZAssets ligbjlities at¢ irritiglly teco8rnsed 2t historical ¢051 or tt#nsaction 74zlue unless Od￿ srard the reievmt accou￿Illg policy notes. bclow. The [￿2￿￿918t#te￿*llts a￿ pLcsenf¢d ia Strrkng Q). Golng eon¢•m The ttustees have a regsoogble ezpect2llon thAt thc charity has ade4￿tr te5oul￿ to continue in opcTrtion*l existence for the Foxeseeable future. The ezpected itt412Ct olCOVID.19 15 tt]attveiy m1iX￿ The cljarity ba CO[xftt￿￿d that At has a￿ll￿te cgsh resoutce5 for at Icast 12 ThKmdJs follry OE these fts￿￿19] Ststtrt￿rtts snd For thL'S teason they Cl￿tInUe to *>t the wconcem basis in ptcpaff n8 the finan(ial statements. Fund accountlng polky U￿res￿l¢t¢d incon* Eutkds are get￿ fi]ntb that ¥T¢ avad*ble for use at thc tDJstccs' ¢&scretion m tllrtherl￿¢ of the objectives of the Clwiry *s disdosd ititM)te 3. Incom• and 1ogaclo8 Donauons ￿t rec(yth5ed d￿re Js enudenrrtL certginry of Trttipt and the be measured with 5uEfici¢nt r￿￿bilIty. Expendltur• laabiliries are re¢wiised as as is a W or corL%twctive ob]g*tiort cortxnitting the Chatity to the expenditttta AiL expe1￿.￿re ts accounted for on an xctds knA5 gnd ha3 I￿en rlassifvl un&r he*diw that aggrgot¢ all costs ￿19ted to categw. Cty5 oE8ermting fimds ate tk Costs 2trraciing vo]untaty Investm•nts The AnYe5tmenrin th*r¢s OEW. li SwanFL & Co I￿￿ti￿d Js held at cost becau8e ttustees OfSTy￿ Orton FoundatiixL do t￿1 Ixiieve a ttli*bk nxasuyr of cuncnt fairvabJe c9n made. Operatlng leases Renra]s payabk Under opctsting leases ate CJW in the statthmit of fit*ncid activAtie5 on a str*8ht ILne basts oyer Basls of consolldatlon TheJnv¢SW￿t in shares of Wji STrvann& Co IArnited hos not been cotuoliddted. and A5 aCCOUllted lor 8s ¥ &inTle 1nyestt￿Jt. Desp¢e the S(P/D shareholtitJrts Intertst on cash deposits 80,000 35 80,035 80.004 Total expendlture DO￿tions Total 2021 Total 2020 Ditect C08ts Bluebell Wood Childten's Hwice Burton Srreet F￿￿lation proitcts Roy81 College of Surgtons Sheffield Clll]dtrn'5 H05pitsI Sheffield Te*hing H05pitsIs Studcnt GrAnrs ￿)d Pjectivrs St Lukc's H05pice Universtty of Skffield of Nledici Vhirlow FgmTnsst C)ther Donauons 9.91 9,980 6,0(Kl 3.5(K 7.962 (6.(MX)) 11,050 li.IKM) 6,OIM) 40*850 483 81230 33JiO 382 88.194 .747 Employ••s Trust••s' remun•rntion and expènses Docusign Envelope ID." 8EEBCCEU2AD4CB2-8852-BDDgC1445FC7 Swann.Al*)rton Foundatlo An￿￿￿1 Report and flnanclal 8tat•ments lor thè y•#T •nd•d 30 June 2021 Notes to the financial statements Investmonts held as fixed assets Ullli5kd lttve8tmeiIts Cost As at l July 2￿20 and JO June 2021 99.000 Net bookvalue As at 30 Jutte 20J and gs at 30 Jur£ 2(r21 99,0 All inyestmenr a5Stts were hdd in thc U The Cb2tiry holds tx￿¢ than of the 5h2re cytsl oltht fdlov￿¥£OMpall￿. Country of ID¢OqM>fatio Ptincipal acttviry A880Ci*ted holding5 Cias8 Period end W.IL Swanrt & Co timited Urnted K￿￿Orn Holdi￿ cotwmny (the princip3] activity of the p is thc mmuf3CtULt and s*k of edge blades) 30 Septemlxt 2020 A8SOttrated holdings Capital & Profit for the period W.IL Swsnn & Co Limitd United TrSngdo 35,655J20 865,195 Creditors: amounts falllng du• within ¢)ne year 2021 2020 Acaucd d(&ttation5 14,(X)O Net assets by lund Unrestricral Ttstsl Funds To¢al FuTh4s Fw)ds 2021 2020 Investments C.￿r￿r￿t assets Current h"2billlles 99.(X)O 3.432 9901 3,432 ,orx) 15,658 14,(KJO loo￿58 N¢r assets 99,432 99.432 Docusign EnvÈlope ID." 8EEBCCEU2AD4CB2-8852-BDDgC1445FC7 SwannvM¢rton Fotsr*datlon knnuaI Rép¢rt and flnanelal st•tomont$ lor th• y•¥ •nd•d 30 2021 qo Notes to the financial statements 10 Rèlat￿ partjes Controlling entity Thc Chgnry ts controlled try the I￿￿tte R•lal•d p•rty trans•￿1•n* tknrg the yeatGift Aid donations 01￿.1￿X) (3)%Tr. ￿.(￿ were Lrcexved from SMnn..Mortott limitr4 g wi)olly owned subsidiary of W.EL Swnn & Co limtted. W.R. Sivann & Co tjmitrd is Icin￿ controlled by th W.IL Swann Enyloyees BenefitScha?￿ the Stvann.Morron FINI￿18￿0￿. In ¢um the Sw9nn Employees Baxfit is controlled by W.L & Co Trus￿$ L*ixted vthich Acts as the th]stee. The dsrectors oEVI.li & Co Tnjstees timited. thich ffis hrntr£d by are h.[ J McGinlry* G ThoJry)s(￿ snd J Gih]x￿Jr. Analysls of lunds At 30 June 2021 At l July IrK<)mc EFn&"tu l(M),658 181,230) 99.432 Docusign EnvÈlope ID." 8EEBCCEU2AD4CB2-8852-BDDgC1445FC7