2021-12-31-accounts

			Page
General information
Report of	the trustees
Auditors'	report
Statement	offinancial	activities	IO
Balance sheet
Statement	of cash flows
Notes to	the financial	staremems	l3

Established	by deed	7 September	1989
Charity number		802142
Trustees		J S Swire
		8 N Swire
		W Leigh-Pemberton				(appointed					I I August			2021)
		Power to appoint		new		Trustees				was vested				in the settlor
		during his lifetime		and		thereafter				in the		Trustees			provided
		that there are	always		at	least three				Trustees.
Settlor		Sir John Swire,	CBE		(deceased)
Trust fund		g100, further	settlements,				accumulation					of income, capital
		accretion or	otherwise				and	all	property				representing			the
		same.
Objects		Such charitable	objects as				the settlor				shall	in	writing		direct
		or in default of direction				as the Trustees						shall from			time to
		time determine.
Accumulation		During the period		of 21			years		from the date of						the trust
		deed, the Trustees			had	power to				accumulate				the	whole	or
		any part ofthe	income of				the Trust			Fund.
Power to retain		The Trustees	have	power to				retain			any	John		Swire 8 Sons
		Limited shares	comprised				in the Trust Fund.
Investment		Powers ofinvestment			as	an absolute					beneficial			owner.
Investment	managers	Sarasin 8 Partners		LLP
		Juxon House
		100St Paul's Churchyard
		London
		ELM BBU
Bankers		Coutts 8Co
		440 Strand
		London
		WC2R OQS
Auditors		Dixon Wilson	Audit		Services LLP
		22 Chancery Lane
		London
		WC2A ILS
Address		Swire House
		S9 Buckingham	Gate
		London
		SW IE6AJ

						(As Restated)	(As Restated)
						2021	2020
				Unrestricted	Expendable
				Income	Endowment
			Note	fund	fund	Total	Total
					6	6	6
Income and	endowments		from:
Donations			2		3,129,598	3,129,598	15,437.281
Investments			3	2,901,112		2,901,112	1,904.993
Total incoming		resources		2,901,112	3,129,98	6,030,710	17,342,274
Expenditure	on:
Raising funds					85,069	85,069	13,196
Charitable activities			4	2,320,577		2.320,577	1,552,263
Total expenditure				2,320,577	85,069	2,405,646	1,565,459
Net gains/(losses)		on investments			30,598,903	30,598,903	(11,743,052J
Net Income				580,535	33,643,432	34.223,967	4,033,763
Net movement		in funds		580,535	33,643,'132	34,223,967	4,033,763
Reconciliation		offunds:
Fund balance brought forward			at I January 2021	259,309	47,636,403	47,895,712	43,861.949
Fund balance carried forward			at 31 December 2021	839,844	81,279,835	82,119,679	47895,7/2

							2021		2020
									(As restated)
					Note			6
Fixed assets:
Investments							80,188,408		44,573,598
									44,573,598
Current assets:
Debtors					6	25,906		12,542
Cash at bank	and in hand					1,9 16,7 I3		3317,803
						1,942, 1 I9		3,330,345
LIabilitlest
Creditors: Amounts			falling due
within one year					7	(10,848)		(8,231)
Net current		assets					1,931,271		3,322, I 14
Total assets		less current llablBties					82,119,679		47,895,7I2
Net assets							82.119,679		47,895,712
The funds	ofthe charltyt
Expandable	endowment			funds			81.279,835		47,636,403
Unrestricted		income	funds				839,844		259309
							82,119,679		47,895,712

					2021	2020
				Note	Total	Total
					6	6
Net cash used in operating		activides			(824,078)	(38l.080)
Cash Paws from investing	activiiies:
Interest and dividends					2,901,112	l,904,993
Purchase of investments Proceeds from disposal of		invesonents			(3.508,189) 29,565	(I3,401,908) 14,7/4,246
Net cash (used in)/provided		by investing	activities		(577,512)	3.2I733I
Change in cash and cash	equivalents				(1,401,590)	2,83635I
Cash and cash equivalents		brought forward			3,317,803	481,552
Cash and cash equivalents		carried forward			1,916,213	3317,803

2. Donations	and legacies	and legacies			2021	2020
						6
In specie investments Less creditors Cash donations					1,537,283 1,592,315	I4,197,02 I (9,740) 1,250,000
					3,129,598	I5,437,28I
All donations were attdbutable		to the Expendable	Endowment	Fund.
3. Investment	income				2021	2020
Investment income comprises:
Income from unlisted securities Income from UK pooled investment					2,062,847 838,005	I,589,996 3I4,460
Interest on cash deposits					167	510
Rental income					93	27
					2,901,112	l,904,993

4. Analysis ofexpendit	4. Analysis ofexpendit	u	re on char	re on char	itable activities
Thc chaiit" did not undertake			sn" activit		tgrect!y but mev kv charitsh/e	nurnoses	hv making donations	and grants.
Gronts made to charitable ins//tutions:
							2021	2020
Abbey Physic Community	Garden						5,000	5,000
ABF The Soidiers' Charity							1,000	I,OOO
Action for Me							35,000	IO,OOO
Action Medical Research							1,000	I,OOO
Action On Hearing Loss								/,000
Age UK Agc UK isle of Wight All Saints, Farnborough PCC							2,000	2,000 76,250 2500
Almshouse Association							16,000	1,000
Alzheimer's Research UK							1,000	26,000
Alzheimer's Society							51,000	26,000
Arthritis Research							1,000
Artists' General Benevolent		Institution					1,000	/,000
Ashford Mediation Service							5,000	5,000
Asthma UK							1,000	/,000
Adantic Salmon Trust							1,500	I,500
Backcare (National Back	Pain		Association)				1,000	/,000
Barn Owl Trust							1,000	/,000
o ~ -. n ar v ts							3 000
Be Change							10,000
Big issue Foundation Blind Veterans UK							25,000 1,000	/0,000 3,500
Bloodwise								1,000
Breaking Barriers							20,000
Brighton Sussex Uni Hospitals			NHS	Trust	Fund		1,000
Bristol Owners Heritage	Trust						1,000	I,OOO
Brit Leprosy Trust							1,000
Bdtain-Austra/ia Society	Educational			Trust			5,000
British Asian Trust '							25,000
British Butterfly Conservation			Society Ltd					I,OOO
v .. a PlItlsn Heal v roul lvadol	I						2 50n	I nnn
Bdtish Liver Trust							5,000	/0,000
British Red Cross							101,000	I,OOO
Bdtish Red Cross (Essex)							1,000	1,000
British Red Cross (Kent)							1,000	I,OOO
British Tinnitus Association							4,782
Britten Pears Arts							5,000
BTO, British Trust (or Ornithology							1,000	I,OOO
Butterfly Conservation							1,000
Caldecott Foundation							1,000	/,000
Campaign Against Living	Miserably			(CALM)			30,000
Campaign to Protect Rural		England		(CPRE)			1.000	/,000
Cancer Research UK							1,000	I,OOO
Canterbury and District	Samaritans						1,000
Canterbury Cathedral Trust							55,000	25,000
Canterbury Choral Society							1,000	/,000
Carried forward							427,782	I77,750

4. Analysis ofexpenditure	4. Analysis ofexpenditure	4. Analysis ofexpenditure	4. Analysis ofexpenditure	on charitable	activities (continued)	2021	2020
						6
Broughtforward						427.782	177,750
Canterbury Festival						10,000	20,000
Canterbury Food Bank						15,000	l0,000
Carefree						50,000
Catching Lives						45,000	70,000
Changing Faces						10,000	15,000
Changing Minds Kent							5,000
Chatham Historic Dockyard Trust							16,000
Chelsea Physic Garden Company						25,000	25,000
Childnet International						25,000
Cinnamon Trust						1,500
Citizens Advice Bureau	in Swale					1,000	I.QOQ
Cleanupuk						10,000
Cobbes Meadow						1,000
Combat Stress						25,000
Coronary Prevention Group						1,000	1,000
CPRE Sussex Crundale 8 Godmersham Cruse Bereavement Care		PCC - East Kent 8 Swale				3.000 1,000 5,000	I.QQQ
Curwen Print Study Centre						15,000
Dandelion Time						25,000
Deal Music and Arts						6,000	l,QQO
Demelza House Children's			Hospice			10,000	10,000
Design and Manufacture	for		Disability (Demand)			10,000
Dogs Trust						3,000
Dover Boat Trust Fund						1,000	l.QQQ
Down's Syndrome Association						1,000	I,QQQ
Durrell Wildlife Conservation Trust —UK						20,000
East Kent Hospitals - Mountbatten				Centre			1,000
East Kent Hospitals NHS Trust - Mountbatten						1,000
East Kent Schools Together							5,000
Ecobirmingham						20,000
Ehas (Edenbridge Holiday		Activities		Scheme)		5,000	5,000
Elizabech Finn Car						1.000
Epilepsy Research UK						1,000	l,QQQ
Essex Boys gt Girls Clubs						1,000	l,QQO
Essex Clergy Charity						1,000	l,QQQ
Essex Wildilife Trust						1,000	I,OQQ
Essex Yeomanry Association						1,000	I,QQQ
Eton College							25,000
Family Links						1,000	1,000
Faversham Assistance Centre						5,000
Faversham Municipal Charities						10,000
Faversham Music Club							2,500
Faversham Society						2,500	2,500
Fibromyalgia Action UK						10.000
Folkestone Dover and Hythe Samaritans							5,000
Friday People Limited						1,160
Friends of Faversham Cottage Hospital						1,000	I,QQQ
Friends of Kent Churches						1,000	1,000
Carried forward						810,942	408,750

Analysis ofexpenditure	on charitable	on charitable	on charitable	activities (continued)	2021 6	2020 6
Brought forward					810,942	408,750
Friends of Lewes					3,000
Friends ofThe Elderly					20,000
Friends ofThe Keep Archives					10,000
Frontline					50,000
Game 8Wildlife Conservation Trust					1,000	1,000
Garden Museum					26,000	l,000
Glyndebourne Productions Limited					1,250	1,250
Got Mater Development Group	(Ace Africa)					2500
Gurkha Welfare Trust						l,000
Hampshire Ic Isle ofWight Air Ambulance					10,000	5,000
Hampshire 8 isle ofWight Wildlife Trust					40,000
Hampshire and The IOW Community Hands ofHope		Found			10.000	25,000
Harlow Cricket Club					10,000
Harlow PCC					2,000	2,000
Hatter Cardiovascular Institute					10,000	10,000
Heart of Kent Hospice					5,000	25,000
Hebridean Whale 8 Dolphin Trust					25,000
Help Musicians UK					11,000	1,000
Herne Bay Counselling Service						5,000
Home-Start South West Kent						10,000
Hope for Tomorrow						5,000
					I 000
Household Division Queen's Silver Jubilee Trust					1,000	1,000
I Can Charity					1,000	1,000
Institute Cancer Vaccines 8 Immunotherapy			ICVI		2,000
Irish Guards Association					1,000	1,000
Irish Guards Benevolent Fund					1,000	1,000
Juvenile Diabetes Research Foundation					1,000	1,000
Keep Britain Tidy					31,625
Kent Air Ambulance					1,000
Kent Association for The Blind					1,000	1,000
Kent Community Foundation					224,800	256,000
Kent County Organists' Association Kent Ms Therapy Centre					20,000	1,000 In000
Kant National Garden Scheme					10,000	10,000
Kent Refugee Action Network	(Kran)				5,000	5.000
Kent Wildlife Trust					11,000	1,000
Kent, Surrey &Sussex Air Ambulance		Trust			10,000	1,000
Kidney Research UK					1,000	1,000
King Edward Vll's Hospital					1,000	l,000
King's School, Canterbury						50,000
L'Arche					10,000
Leighton Buzzard PCC					1,000	1,000
LEPRA - Brldsh Leprosy Relief	Assocladon					1,000
Leukaemia League					1,000
London Nautical School					25,000
Lt Colonel's Fund for Irish Guards					1,000	1,000
Carried forward					1,407,617	848,500

4. Analysis ofexpenditure	4. Analysis ofexpenditure	4. Analysis ofexpenditure	4. Analysis ofexpenditure	on charitable	on charitable	on charitable	activities (continued)	2821	2020
								6
Brought forward								1,407,617	848,500
Macmillan Cancer Support								2,000	7,000
Maggie's								3,000	I,OOO
Maidstone Hospice								2,000	2,000
Marie Curie Cancer Care									l5,000
Marine Conservation Society								25,000	25,000
Medical Aid for Palestinians		(MAP)						25,000	IS,OM
Meningitis Now								1,500	l,500
Mental Health Foundation								1,000	I,ooo
Marten College								5,000	5,000
Migraine Trust								1,000	l,ooo
Mind								25,000	IO,OOO
Mission to Seafarers								2,500	2500
Missions to Seaman								2,500
Natianal Autistic Society								1,000	1.000
National Emergencies Trust		Coronavirus				Appeal			182,0OO
National Rheumatoid Arthritis			Society (NRAS)					1,000	I,ooo
National Trust								1,000	I,OOO
National Trust for Scotland								1,000	l,ooo
New Sussex Opera								5,000
Now Teach (Ark UK Programmes)								30,000
NSPCC								1,000	I,ooo
Old Etonian Trust Order af StJohn for Essex								1,000 1,000	I,ooo I,ooo
Order ofStJohn for Kent								1,000	I.OOO
Pancreatic Cancer UK									2,500
Paula Carr Trust								1,000	I,OOO
PCC ofStAnne's, Lewes								15,000
PCC ofSt Mary the Virgin,	Furneux				Pelham			10,000
People Matter Trust								10,000
People's Dispensary for Sick		Animals			(PDSA)			2,000
Personal Service Group								1,000	I,OOO
Petham Village Hall									II,OM
Pilgrims Hospices								30,000	5,000
Pilsdon at Mailing Community									IO,OOO
Plantlife								1,000	l,ooo
Prince's Trust								1,000	l,ooo
Queen Elitabeth's Foundation								25,000
Radley Foundation									25,MO
RAFT (Restoration of Appearance				Functian)					2,000
RDA - Cobbes Meadow Reed's School								6,000	1,000 6,000
Re-Engage								15,000	5,000
Relate Medway and Narth	Kent								5,000
Riverside Day Centre Dover									5,000
RNIB								10,000
R,NID								4,500
RNLI									15,000
Carried forward								1,681,617	l.22l,ooo

4. Analysis of	expenditure	expenditure	on	charitable	activities (continued)	2821 6	2020l
Brought forward						1,681,617	1,22I,OOO
Rosemary Foundation						25,000	25,000
Royal Alexandra &Albert						1,000	1,000
Royal Association for Deaf		People	(PAD}				I,OM
Royal British Legion							7,000
Royal Hordcultural	Society					1,000	26,000
Royal Humane Society						1,000	1,000
Royal Marsden Cancer Charity						65,677
Royston Youth Action						25,000
RSPB						6,000	I,OOO
RSPCA						1,500
Rural Community Council Salvation Army		of Essex				I,MO 1.000	I,OM 6,000
Samaritans							I,OOO
Selling Church Buildings Trust						2,500	2400
Selling PCC						2,500	2,500
Selling Sports Club						1,000	1,000
Shine						1,000	1,000
Soil Association						1,000	1.000
South Kent Mind							5,MO
South Wight Area Youth Partnership				(Sway)		10,000
SSAFA Forces Help						1,000	II,OOO
StAndrews Church						1,000	I,OOO
5t r'i r Hosnice						5,000	5.000
StJohn Ambulance						5,000
StJohn ofJerusalem	Eye Hospital		Group			55,000	55,000
ScJohn's Hospice							6,000
St Michael and All Angels Clifton			Hampden				5,000
St Mungo's						25,000
Still Waters						10,000
Stour Music						13,500
Strand Arts Centre						20,000
Stroke Association						7,500
Sussex Community	Foundation					15,000
Sussex Historic Churches		Trust				5,000	10,000
Sydenham Garder,						!5,000
Thames Rivers Restoration		Trust				1,000	I,OM
Thanet Community	Development		Trust			25,000
The Gurka Welfare						1,000
The Passage						25,000
Thinkforward UK						25,000
Toynbee Hall							7,000
Trussell Trust						25,000	S,OM
Carried forward						2.108,794	1,4I0,000

4. Analysis ofexpenditure	4. Analysis ofexpenditure	4. Analysis ofexpenditure	on	charitable	activities (continued)	activities (continued)	2021	2020
							E	E
Brought forward							2,108,794	1,410,000
Turn2us (Elizabeth Finn Care)								16,000
University of London							2,000
University College Oxford							2,500	2,500
Unlocked Graduates							50,000
Versus Arthritis							1,000	2,000
Victorian Society							3,000
Wellesley House and St.Peter's		Court Educational			Trust		1,000	/,000
West Faversham Community Association West Wight Sports 8 Community Centre							5,000 25,000	6,000 25,000
Wildfowl 8 Wetlands Trust							2,000	2,000
Yorkshire Dales Millennium	Trust						25,000
Young Classical Artists Trust							25.000	25,000
Zane: Zimbabwe A National	Emergency							I2500
Zoological Society of London							2,500
Total donations							2,252,794	1,502.000
Governance costs allocated m	charitable			octiviries:
Administration fee							3,600	3,600
Consultancy costs							60,871	43.960
Auditor's remuneration							3,144	2,982
Management fee —land							57	(324)
Bank charges							I I I	45
							67.783	50,263
Total expenditure on charitable		activities					2,320,577	1,552,263
Expenditure on charitable activities			in	both years was attributable		to the Unrestricted	Income Fund.

S. Fixed	asset	investments	investments		2021	2020
						6
Freehold land
Market value	at end	ofyear			19,125	19,125
Quoted/unquoted		investments
Market value	at start	of year			44,554,473	43,412,842
In specie donations					1.537,283	14.197,021
Additions at	cost				3,508,189	13,401,908
Proceeds on	disposal				(29,565)	(14,7/4,246)
Realised gain	on disposal				187	544,046
Net unrealised gains/(losses)			on invesunent	assets	30,598,716	(12,287,098)
Market value	at end	ofyear			80,169,283	44,554,473
Total					80,188,408	44,573,598
Investments	have been made		in the following	categories ofsecudties:
Quoted
UK funds					26,328,240	21,140,8i4
Unquoted
UK equities					53,841.043	23,413,659
					80,169,283	44,554,473

7.	Credltorst	Credltorst	amounts	amounts	falling due	within one	year		2021	2020
										6
Accruals	and	deferred		income					3,144	3,0/3
Other creditors									7,704	5318
									10,848	8,23 I
8.	Analysis of		net assets between			funds
								Unrestricted	Expendable	Total
								Income	Endowment
								funds	funds	2021
								5	6	6
Fund balances		as at 31		December 2021 are		represented	by:
Investments									80,108,400	00,188,408
Cash and	Debtors							050,692	1,091,427	1,942,119
Creditors								(10,848)		(10,048)
Net assets								839,844	81,279,035	82,119,679

Reconciliation o	fnet movement in funds to ne	t cash flow from operating activitie	s
		2021	2020
		IE	E
Net movement in funds		34,223,967	4,033,763
Deduct income from investments Deduct gains/add losses on investments		(2,901,112) (30,598,903)	(1,904,993) II,743,052
Increase/(decrease) in creditors		2,617	(43,339)
Increase in debtors Donations in specie		(13,364) (I,537203)	(I2.542) (I4, I97,02 I)
Net cash used in operating	actividies	(024,078)	(381,080)

Financial assets		2021	2820
Quoted/unquoted	investments	80,169,283	44,554,473
		80,169,283	44,554,473

		Unrestricted	Expendable	Total
		Income	Endowment
		funds	funds	2020
		6	6	6
Fund balances as at 31 December 2020 are represented	by:
Investments		13,745,047	30.828.551	44,573,598
Cash and Debtors		1,563,008	I 091,427	3,330,345
Creditors		(8,231)		(8,231)
Net assets		15,299,824	32,595,888	47,895,712
As restated
		Unrestricted	Expendable	Total
		Income	Endowment
		funds	funds	2020
			6	6
Fund balances as at 31 December 2020 are represented	by:
Investments			44,573,598	44,573,598
Cash and Debtors		267,540	3,062,805	3,330,345
Creditors		(8,231)		(8,231)
Net assets		259,309	47,636,403	47,895,712