JOHN SWIRE 1989 CHARITABLE TRUST
REPORT AND ACCOUNTS
YEAR ENDED 31 DECEMBER 2022
Charity number: 802142

JOHN SWIRE 1989 CHARITABLE TRUST
IN DEX
Year ended 31 December 21122
Pa8•
G¢n¢ral infom*tJon
Report of the trustees
Auditt¥rs' report
Stat¢meftt gf fift1￿131 atthities
10
8alance sheet
Stat#nent of ush Ilows
12
Note5 to tht fittanclal ststème*rs

JOHN SWIRE 1989 CHARITABLE TRUSf
GENERAL INFORMA TION
Year ended 31 December 2022
Estxbllshed by deed
7 September 1989
Chthty number
802142
Trustees
I S Swire
B N Swire
W Leigh-Pemberton
Power tt* appoint new Truste¢s was v*sted In th* settk*r
during hi5 lrfeume and thereafter in the Tru3tee5 provided
that rhere are ￿waYS a¢ least three Tru5teE&
Settlor
Slr John Swire. CBE (dEceaxd)
Trust fund
£100. further 5etdements. ol income. ¢apit41
accretion or otherwise and property repre%enrin8 the
Obl¢rfS
Su¢h charirable obiects as the settlor shall in wrTunK direct
or in delault of direction a5 the Tru$¢ee5 shall from tyme io
time determine.
A¢¢umul•tlon
Durin8 the period of 21 year5 from the date of the trust
d¢¢d. the Trustees had power to accumulate the whole or
ar¢y part ol the income of the Trust Fund.
Power to retsl
The Trustees have power to retairs any John Swire & So
Limited shares c<>mprised sn the Trust Fund
Investment
Powers of Investment as an absolute beTrefKrdl owner.
Investment mana8ers
Sarasin & Partners LLP
ltsxon House
lth) St Paul's Churchyvd
London
EC4M eBU
Bankers
Coutts & Co
440 Strand
London
WC2R OQS
Auditors
Dixon Wilson Audlt Strvites LLP
22 Chancery Lane
Lond¢*N
WCZ4 1 LS
Address
Swire House
59 Buckingham Gate
London
SWIE6AJ

JOHN 5WIRE 1989 CHARITABLE TRUST
REPO R T OF TH E TKUSTEÉS
Y¢*r end￿ 31 Decémb¢r 2022
The Trustees present their ryirt and financial stattments of the charity for the year ended 31 December 2022.
The finan<ial statements have been prepared in aceordante with the acco￿nting policies Set out on note l ol the
rinanc¢al staternents and with the Accounting and Reporting by CharitKs'. Statement of Recommended Pracuce
applicable to charities preparing their accounts In accordance with the FinaTrclal Reporting Standard applicable in
the UK and Republic of Ireland IFRSI 02}.
Thls report should be In ¢onlun¢don *•Ath th¢ InfomiatyOTh IndudEd In page 2.
Structiire> governance and M￿agement
The Tru5r 15 an unincorporated charity. cpn5tructed under a trust deed dated 7 September 1989 and 15 a re8i5tered
charity, Trumber 802142.
In ateordance wlth the TNst deed. the minlmum number of Trnstees 15 three. The power to appoint new Trustees
is Vèsted itt the TrusreÈs. If at *ny time thtre rernain only two Trustee& the remaining Trnstées must appolnt
another Truste4 $0 that a minimum of three Trustee5 15 rnaintained.
Responsibility for the induction of all new Trustees, which involve5 awareness of the history and approath of the
harity and an understanding ol a Trustee's dutie5. lie5 Wlth the Chair. New Trustees receive detailed inforrnavon
about the charl￿5 governance, grant makin& and financial position, including copies of Ch¥ity Cornm￿510n
8uidance for trustee5. the charl￿$ 8overniTr8 documen( aThd the annual report and accouThts.
The Trustees are directly responsible for the management of tht charlty. The TNJstees agree the charitys strategy.
rwl¢w •ppro¥¢ donatltsns an¢J granfs. ov¢rs¢¢ th¢ ¢harity's goverfian¢*. including the inv¢s¢m*nk r¢se4*es.
and risk management pollcles. whlch are re¥lewed annually.
The Trust deed provides the Trustee5 wth broad powers to create pohces to support the maaa¥emenL
8overnarKe. and administration of the charity.
G￿￿t maklng pollcy
The Trustees hold rneetinKs lo￿r tlmes i year to eoAsidtr and donatyons. Proptssals for all grdnts are
onsldered by all Tru5rees.
The chartty does not run open funding programmes or encourage unsolic*ted applicatioTr& Most potential grant
holders are initially identrfied by the Trurtoos. t>Je diligence is then undertaken by a Sm￿1 team on behaw of the
Trustees before grants agreed.
Or8anisation5 seeking funding are usu￿￿ required to submit a regue5t explaining how fund5 would be used and
what would be achieved Al requests for fundiTr8 are managed online.
ObS•rtlv•s, actlvltlw and achl•v•monts for the publle b•fiÈfit
The Trust Deed contwn$ broad charitable objects which allow the Tru5tse4 in their th5crerion. to pay or apply the
income and. rf ayeed. the capital of the Trust Fund to or for the benefit of any Charitable bodies. trus
association5. institution5 or organisation5. as they see fiL
During the year the ¢h¥lty has b¢¢n •bl¢ ¢0 ¢ontJnue to mak¢ ¢Jtsnatlon$ and zr3nts to1￿11￿£ £2.ni 282 12021
12.252,7941.
Grants iy•arded by the ￿hn Swirt 1989 Charitable Trnst rdtct the interests of the Setdoés famlly and the
Trustees. ID 2021, ar¢as of focu5 for the tharitY'5 grant-making incl￿ded 5UPPOrt lor the welfare of rnarginalised or
di5aihantaged individua15 or communities initiatives to help younE people not in eduution. employment or tralning
thrive, and environmental projetts. including habitat conservation and restoration. fresh water and marine
n5ervation, and loc￿ engyment with nawre and the eTrvironm¢nL
The chariry also h3s a geographic focu5 to Its grani rnaknn& In 2022. the charity 5UPPOrt¢d charities in Kent throu
several grani making pro8ramme5 delivered by the Kent Cornmunity Foundation, induthng the Kent Communiry
Foundation's Fund for the EnYironmenL Core Funding Programme, and Cov*&19 Fund. Several charities operating
on the151e ol w￿ht a150 recetved grants in 2022.

JOHN SWIRE 1989 CHARITABLE TRUST
REPOR T OF THE TRUSTEES
Year end￿ 31 D¢c¢mber 2012
The Trustees. having rewd to the public bEnefrt zuidance PLthlished by the Chariry Commissipn in accordance with
Section 17 of the Charities Act 201 I, consider that the purpose and acti￿￿e$ of the charity 5atysfy the requirements
of the publ¢c benefrt test set out In See￿0￿ 4 of the sam*
Inv•stment pollcy and perfornianc?
Under para8raph 5.2 of the Trust deed the Trustees have power to retain shares in John Swire & Sons knmtLed. and
are no¢ under any duty to diversfy to the extent that the Trust Fund eomprises those shares.
The Trustee5 have also noted the statu¢ory duty of care required by the Trustee Act 2000, in relation to their
holding Suitable investments and the need for diversification of inve5tment5 50 far a5 is appropriate to the
circumstance5 of the charity.
The Trustees. overall iTh￿tment objectNe is to achieve a level of investment income growth which at least
matche5 the rate of inflation. while protecting the *dlu¢ of the ¢harirfs ¢apital In real t¢rrns. The Trust's
investrnents are held in the Sarasin Endowments Fund. whieh aims to provlde long-tern) charity Invesrors wlth
sustainable income, while maintaining the real value of the capltal ahd Éntome ftsr thè future. The fund integrates
ESG screening criteria to ensure the stewardship of fund5 in a responsible ￿0ballY diversified portfolio.
The listed in¥tstmtnt portfolio performance managed by Sarasin & P¥tners was-9.5%12021 10.5%) ynrt their
benchmark of 4.9% 12021
13.7%). Income from unlirted investments was £1,56S,099 in 2022 Q021
£2,039,515).
The Trustees recognise that particular inves￿¢￿% ri¥k3 arise from laEk of diver5rfiution where 5ub5tantial holdin85
in unquoted companies are donated to the charlty and re￿rted. The Tru5te¢s seek to rnitigate the risks through
the¢r board representatior4 as well as by the regular monitoring tsf su¢h invtStm¢nts on r¢¢eipt of publish
financial informatlon.
K•y management por50nn¢l remuneratlon
The Trustee5 consider the board of Trustees as comprising the key mat)agement personntl of the chariry in charge
of directing and controlling the charity and operating the charity on a day-to-day ba515. All Tru5teEs yve their urne
freety and no Trustee remuneration or expense reimbursemehts were pald in the year. The day-ttrdty operation
and administration of the charity ￿ delivered by a Sm￿1 team wSthln John Swlrt & Sons Liml¢¢d
Risk manag•m•nt
The Trust's Risk Register identifies potentAI risks in key area¥ specifically financial risks. governance. rdnt making
and operations and reputation.
Currendy. the prlncipal rlsks faced by the charity lie in the perf¢xmance ol it5 investsnents and rf5k5 from ineffective
grant makin& The major ri5k5 to which the Trust rnay be exposed, as identified by the Trustees, have been
reviewed and. where appropriate. proce$5es and syS￿m5 have been put in place to mitsgatÈ those risks.
The varlabllity of qu¢t¢d investment returns is a major financial risk. The Trustees mitigute this risk by retsining
expert inve5trn¢nt thvisor% and having a dNersrfi¢d inves￿ent portfolio where p0s5ibl
The risk of ineffectNe grant-making Is mltlgated by tarrylng research on charirable institutions to establish
whether potential donations wll be used effectyvety and in lurtherance of this charity's own objectives.

JOHN SWIRE 1989 CHARITABLE TRUST
REPOR T OF THE TRUSTEES
Yw ended 31 December 2011
Reservu pollcy
The charity was created in 1989 with a fund intended to P￿de a regular level of tsncome which could be
distributed for a wde variw ol charitable purpwe5
It is the Trustees, pulicy not to retain reserve5 a5 the charty'5 overhead5 are low and any deficit on the
umrestricted fund can be mec from transfers from the endovanent fund at the <lscretion of the Tru5tÈÈs.
At the balance sheet date the balance on the unre5tricÉed reyerves was £551,790 (2021- £839W).
Financial position
The Trusree3 toTrsidÈred the fiTran¢iAI position to bt S*ti5facrory. There 15 54ffiEient fash. incomihg drbnations and
investment in¢ome ¢0 merf ¢h¢ ¢*)mmitt¢d donatk*n$ and tt* wntlnu¢ to pro¥fjd¢ support ro their thosen
charitsble causes.

JOHN SWIRE 1989 CHARITABLE TRUST
REPOR T OF THE TRUSTEES
Year ended 31 December 2022
Trustees. responslbllltles In relation to the finantial st*tementJ
The Trnstees are responsible for prepar6ng th¢ Tru5t¢e$' report and the financial staternents in accordance with
applicable 18w and United KingO)m Accountirkg Standards. The law applirable to charities in En￿and and Wles
re9uires the Trustees to prepare financlal statements lor each financixl year which give a true and fair view of the
state of affairs of the tharity and ol the incoming resources and application of re50ur£¢s of the chary for that
period. In preparing these finantial statements. the Trust?e5 are required to..
selett wltable a¢coUn￿n£ policie5 and then apply them con5iStently.
observe the method5 ar¢d principles of the Char¢tie5 SORP.
make judgements and accounting estimates that are reasonable and pruden¢
state whethtr ¥pliuble accounting standards have been followed. subject to any departures dixlosed and
explained in the financial statements: ahd
pr¢pare th¢ finantial statements on the goin¥ concern basi5 uTrles5 It is inapproprrate to presume that the
hariw will continue in busine5
The Tr￿stee5 are responsible lor keeping accounting records whKh discbse with reasonable accuracy the financial
P951tion of the charity and enable them to ensure that the financial statements compty wth the Charities Act 2011.
th¢ Charity {kncount5 and Report5} Regulations 2¢X18 and the provisions ol the Trust deed. They are also
responsible for safeKuardng the a55et5 of the charity and hence for taknng reasonable steps for the prevention and
deteaion of f d and ot
re8ularities.
8 N SWIRE
For the Trustees
AA fxko&&rf 2023

JOHN SWIRE 1989 CHARITABLE TRUST
AUDITORS. REPOR T
Y•ar end￿ 31 D•cember 2022
INDEPENDENT AUDITORS. REPORT TO THE TRUSTEES OF THE JOHN SWIRE 1919
CHARITABLE TRUST
Oplnlon
W• have audited the financil staternents of the john Swire 1989 Charitable Trust (the '<harity) for the ytar ended
31 December 2022 which comprise the Statement of financial actyvitie& balance sheeL Statement ol cashflows and
no￿ to the financial statement5. including a summary of si8nfficant accounting policies. The financial reporriTr¥
framework that ha5 been applied in their preparation is applicable law and United Kingdorn Accounting Standard&
inchjding Finaneial Reporting Stsndard 102 The Finar*cil lieporting Stsndard applicable in the UK and Republic of
Ireland (United KinKdorn Generally Accepted kn(o￿nting Practice).
In tyjr opinior4 the financial statementk.
gsve a true and fair view of the state of the charity'$ affairs as at 31 December 2022 and of its incoming
resources and application of resources for the year thers ended..
have been propedy prepared in accordance wr(h United knngdom Generalty Accepted AcctyJntinK Practic<
and
have bten prepartd l* actordaAtt wlth the rtqulrtmefits of the Charitles Act 2011.
Basls for oplnlon
We conducted our au(frt in accordance wth International 5tand3rd5 on Audityng IUKI {1&45 IUKI) and applicable
w. Our responsibilities ursder those 5tsndard5 are further described in the Auditor'5 responsibilities for the audit
of the financial staternents section of our reporL We are indepeThdent of the tharity in accordance ￿th the éthical
requirements that are relevant to our audit of the financ￿1 statements in the UL includin% the FRC5 Ethiol
Standar¢* and we have luffilled our other ethi￿ respon¥ibil¢v¢s in accordan£e che5e requirementy We bdievt
that the audit e￿dence we have obtwned is sufficient and appropriate to provide a ba515 for our opinion.
Conclusions relatin8 to 8oln8 concern
In auditing the financial statementy we have concluded that the trustees, use of the going concern basi5 of
accountirbg in the preparation of the financial statements 15 appropriate.
std on the work we have pÈrforn)e& we have not identthed any matériaj umcertsinties re￿ting to events or
conditlons thal Indvldualty or collectlvety. may cast slgnthcant doubt on the charlry's ablllty to contlAue as a going
¢onrern for a PEriod of ai knst twe￿ month5 from when thè fin￿rIal ¥tar¢ments are authorised for 15511¢.
Our respon5ibilitie$ and the responsibifitiex of the trustees rtspett to concern are described in the
relevant section5 of this reporL
Other lrforniatlon
Th* other infDfrn3tion tamprises the informatton included in the annual report. other than the financtal ststements
and our auditor's repgrt thereon. The trustees are responsiblè for the other inforrnation. Our opinioh on the
financSal $tatement5 doe5 not ¢o¥er the other Inftsrmation and we do not expre55 any forni of assuranc* co*¢lu$10n
thereon.

JOHN SWIRE 1989 CHARITABLE TRUST
AUDITORS
REPOR T
Year ended 31 December 2022
In connectyon with our audit d the financial st&tements. our responsiblllty Is to read th* other informaotsn aftd. In
doinz 50. cor¢sider whether the other inlormatlon is materfally Incon$i5tent with the financial 5tatemenrs or gur
kno%rfedge obtained in the audit or othetwise appews to be m2terralty misststed. Ir we identlfy such materl
inconsistencie5 or apparent mattr￿1 mi55tatemenfS. we are required to determine whether there 15 a wnaterial
misstatement in the financial sratttnents or a material misstatement of the other informatio#. If. based on the work
we have perfornied. we conclude that there is a matsrial mis5tst￿ent ol this other Infarmatlon, we are regulred
to report that lacL
We have nothinz to report in thi5 reTdrd.
Matten on whlch w• are r•gulr•d to rtport by ¢xcoptlon
We have nothing to report in respett of the follo%￿ng matten In relxtton w whlth the Charitie5 IAccounts and
Reports) Regulations 2008 require us to report tr* you rf. in our opinion..
the inftsm)atlon Iven in the fifiancial ¥ta¢ements is incon515teiit in any material respect with the tru5tee5'
r¢ptsrL or
Sufficient accounting re£orth have Trot been kept; or
the flnan¢Sal sta￿MentS ar¢ ntrt lft agrttment Mth the accountin8 records.. or
we have not received all the Inforniatlon and explana¢lons we reqylr¢ for our audL
Responsibilitie5 of trust••s
A5 explained more hjlty in the trustees. responsibilities statement set out on page 6. the tnjstees are respanslbl¢
for the preparation of the finanaal statements and for being satisfied that th¢y ￿ve 3 tru¢ aftd fair vl¢w, and for
Such internal control a5 the trustees deterniine is necessary to enable the prep*rxtion of financll ststements th*
are free Irom material misstatemeni whether dtse to fraud or errtsr.
In preparing the financi￿ statements. the truststs are resptsnsiblé for a55e55ing the chariws ability to Continue as
going concern. disclosing. as 3pplit*ble. matters rel*¢d tts golng ¢on¢¢rn and using the going ¢tsn¢ern basis of
accounting unless the trustee¥ either intend to liquidate the Eharity or to cease operations. or have no realistic
altemati¥e but tts do so.
Audltoes regponglbllltles for the audlt of the Ilnanclal stat•m•nts
We have been aPpoin￿d as au&i¢or under Section 144 of the Charities Act 2011 and report in accordance wlth the
Act and relevant regulations made or having effect thereunder.
Our objectives are to obtsln reasonable assuran¢¢ alx*U¢ whether che financial statement5 a5 a whole are free from
material misstatemen¢ whether due to fraud or errtsr. and w ￿su¢ an 4udi¢or's r¢port that includes our opinion.
Reasonable assurance is a high level of assurance. but is nor a guarantee that an audit coTrdutted in accordance with
ISA5 {UKI will al*?ys detect a material mis$taternent when it exists. Mi5Statements can arise from fraud or error
and are considered material il. individually or iTh aggrerdte, they could reasonably be expected to influence the
econornic decistons of users taken on the basis of these financi￿ statements.
Irregularities, including fraud. are instances of non-compliance wlth laws and regulaii¢M5. We dE5ign pr¢¢edur¢s In
line t*Ath our responsibilities, outlined above. io detett material rni55tarements in respect of irregularitie5. incluthng
frau¢i The extent to which our procedures are ca￿￿e of detecting irregulJritie5. includng fraud is detailed below.

IOHN SWIRE 1919 CHARITABLE TRUST
AUDITORS
REPOR T
Year ended 31 December 2022
W¢ g*ned an understanding 01 th¢ leD] and regulatory fr*n¢work applicable to the Eharity by ¢onsld¢rl
amonzst other thing4 the sector In which it opErate5, and wnsidered the risk of art5 by the ¢h3rity that Were
t<￿trary ro applicable laws and regula￿0￿$, Includlng fraud. We designed audtt procedures to respond to the
assessed leyei of risk but recognised that the risk of not detecting a material missraternent due to fraud is higher
than the Msk of not detecting one restsltyng from error. as frnud may Invo￿ deliberate eoncealment by. for
example, forgery or lntsntl0ft￿ misrepresentations. or through eolltrsion.
We focused on law5 and rezulations wthich could Eive r￿e to a rnateri￿ mi55tatement the financial 5tatemerii&
iThcludin& but not lirnired to the Charirie5 Act 2011.
Our tests included agreeing the financial statement disclosures to undertying supporting documentation, enquiries
th management and Ènquiries of third prties.
A5 in all our Audi￿ we addressed the risk of rnana8ement override of internal contro15, including testing
journals and evluauThg whether there VAS evldence of bias by mana8err*nt that represented a risk ol material
mi55taternent due rg fraud.
There are inherent Ibmita￿On$ ifi the audit procedures descrw above and th¢ further removed non-compliance
with laws and regulations Is from the events and transactions refiected in the financlal Sta￿Met￿, the less lskety w•
would betome aware of it. We did not Idet)tify any key atsdlt matters rdatirtg ro Irregularities. including fraud.
A further description of our responsibilit￿5 lor the audit of the financial Statements 15 located on the Financial
Reporring Coun(il's website aL www.frcor&ukJauditor5responsibilitie5. Th￿ de5CriPtivn form5 Part of our
auditor'5 repo
Ule of our report
This report is made solely to the ¢haritYs trurt¢¢5. as a body. in acctsrdance with re8ulations made under s¢¢u¢)n
154 of the Charitie5 Act 2011. Our audit V￿rk ha5 been undertaken 50 that we rn￿t state to the charity.
rru5tees those matters we are required to state to them in an auditor's report and lor no other purpose. To the
fullest ex¢ent permitted by law, we do not xcept or assume responsibility to anyone other than the charity and the
charity's trustee5 as a body. for our wdit work. for thi5 reporL or for the opinioN we have fomed.
D￿¢)* Wllson Audlt SeThkes LLP. Ststutory Audltor
22 Chancery Lane
London
WC2A ILS
23 Octobèr 2023
Dixon Wilson SeThI￿￿ LLP is eliwbk to as 3n auditor in ternis of Section 1212 of the Companies Act 200&

JOHN SWIRE 1989 CHARITABLE TRUST
ST A TEM ENT O F FINANC IAL ACTIVITIES
Y•ar end￿ 31 D•t•mb•r 2022
2012
2021
Unr•strlcted Expendable
Income Endowm•nt
fund
fund
Intom• and •ndowm•nts from:
Donations
Investments
1,625.011
3.129598
2.514.937 2.901.112
2514.937
Total Incomln8 resources
2514.937
1.625.011
4.139.948 6.030.710
Expendlture on:
Raising lun&
Charitsble act1￿￿*$
85,948
85.948
1802,991
85.069
2J20.577
2M01991
exptndlturé
2001991
85,948
1888,939 2.405.646
Net110ssesVvns on investments
Net {ex￿ndIt￿re￿InrOrnQ
Net movement In funds
(14597,7771 116.597.777) 30.598.903
1288.OS4) 115.058.7141 (15.346.768) 34.223.967
1288.OS4} IIS.058.7141 115,346,768) 34.223.967
Reconcili*titsn of funds:
Fund balarKe brouKht fprward at I ￿Uary 2022
Fund balance ¢arrhd forward at 31 De¢*nber 2022
839.844
81.279.835
82.119,679 47.895.712
5SI.790
66.221,121
66.7n.911 82,119.679
All amounts are in respect of £ontlTrulng actfvltle
10

JOHN SWIRE 1989 CHARITABLE TRUST
ALANCE SHEET
At 31 December 2022
2022
2021
Flxed assets..
Investments
64.565.948
80.188.408
64.S65.948
80.188,408
Current assets:
Debtors
Cash at ballk and In Fhind
23.379
2.423.186
25,906
1.916213
1446.565
1.942.119
Llabllltles:
Crediwrs.. Amounts lalling due
wlthin on¢ y¢ar
1239.6021
flQ.848)
Net cuYr¢rt assets
2.206,963
1.931J71
Total 45s¢ts l•ss curY¢nt Ilabllltles
6&m.911
82.119.679
Ntt assets
66.772.911
82.119.679
The funds of the chJrlty:
Expend*￿t eThdowmtnt fund¥
Unre5trirted income fund5
66,221,121
551,790
81279.835
839.844
66,7n,911
82.119.6T9
The financiaT statements on pages 10 to 23 were approv￿ by the board of trustees on
were 5i8ned on its behaw br.
11 O¢tobor
1023 and
B N SWIRE
Trustee

JOHN SWIRE 1989 CHARITABLE TRUST
ST A TEMENT OF CASH FLOWS
Year end¢d 31 D¢c*mb•r 2022
2022
Tot
2021
Total
Net <a$h used in operating actNities
(1,0316471
(824.078)
Cosh IIM frryn inYe5ting ¢xiwtie&
Interert and dividends
1514.937
2.901.112
Purchase of investrnents
Proceeds from di5po$al ol inve5trnents
Ne¢ cash proyided byl(used inl iThvesting artivityes
(975,31
(3508.189)
29.565
1.539.620
(577J12)
Change in cash and cash equ￿11￿Trts
Cash and rash equivalents brou8ht forward
Cash and cash equivaltnts Earried forward
506.973
(1.401590)
3J17.803
1423.186
1.916.213
12

JOHN SWIRE 1989 CHARITABLE TRUST
NOTES TO THE FINANCIAL ST ATEMENTS
Year ended 31 December 2022
Accountln8 pollcles
(a)
Basls of preparatlon and assessment of g0Sng concern
The flr*nclal stsremethts have betn prepared under tht hlstorft cost comlen￿Cn. wbth the exceptK+n that inve5tmeNts
n¢￿dIng Ireehold land are Included at rnarket value. The financrdl ststements have been prepared in accordance the
Statement ol Retommen&d Practice.. Accoununz and Reporting by char￿e% preparing their accounts in accordance with
the Financial Reporring Stsndard applicthe In the UK and Republk of Ireland (FRS 1021 effeard¢ Irom I january 2019 and
the Chariue5 Act 2011.
The fifiancial staternents are pre5entÈd kn pounds sterllng whkh 15 the fvn¢t1Qn￿ currency of the Trus¢ and T0￿ded ¢0
the nearest L.
Thè trus¢ i publlc beThefft enity a5 dehned by FRS 102.
The trustees COn￿der that there are no materiil uncertaintyes about the Trust's ability to continue as a goinz concem.
There are no ￿8￿rf*Clnt areas of adiustrnent and key a$sumption5 that affert Items In th* account* Wth re$pecr to th•
next reporung period. the rnost Sqnilicant ¥reas of uncertainty th4t allert the carrylng value of assets held by the TThs¢
are the level of investrnent ret￿rn and the perfomiance of investment markets (see the risk man4ement seetion ol the
trus¢ee5' annual report for more knlorniatson).
Ib)
Fund5 Stru(￿r•
The tharity has an expendable endowme¢)t fund crttted by a 8rfL The income ol thb trt￿t ts unrertrfcttd. The terms of
th8 indowmert allow the capital ofthe fund to be $pent W the trus￿$ $0 dtternikn&
Unre5trithd income fijnds compnse those lunds which the trvsttts are free to use lor any purpose in furthtrathct of tht
charittble obiertk Unresrrlcted fund$ Ine]ude desWi*ted firnds where the trustee¥ at th¢ir distrÈtiah. havt treated a fthd
lor a specrfic purp05
(c)
Income recognltlon
All Income Is retognised oNce the thariLy has eTrtitlement to the incorne. r( 15 Probab￿ that the income will be recewl
and amount of incorne receivable can be measured re1v4b￿.
Donations are recognised wlten the Trust been nOtif￿d in writsni of both the amount Ind xttlemtfit date.
Interest on funds held on deposit is includ•d wthen recelyable and the amount Can be measuréd rell*bty by the chary,.
this is norn)ally upon notifiution of the interest wid or payabk by the Dl¥tldends are recognlsed oncÈ tht dNidethd
has been declared and the notifi￿0n has been recelved of the dr¥idend due. Thls Is A¢*rnially upon *otffita￿èft by the
Investment a(fvisor of the d￿ldend yield ol the inYe5trnent portfolio.
(d)
Exp¢ndlture rKognltlon
LIabl￿e% are recogni¥ed a3 eyenditure a¥ s09Th as there is a ktal or eonstrucfft obli8atKin committing the Charity to
that eXP￿dIture. 1¢ 15 probable tha¢ s•td8ment will be requlred and the amount of the obl1za￿0Th can be M￿sUre￿
reliabty.
Grnnts payable are p*yments made to thlrd Par￿e$ kn thÈ lurth¢ran¢¢ of the thafi¢abk obie<ts tsf the TNSL This ts
accrued once the reciP￿nt has been Thotrfied of the grant award.
(e)
Irr•covtrabl* VAT
Irrecoverable VAT is eharyed ayinrtthe expenditure heading for whlth Ir Incurred.
(fj
Costs of rnisrn8 funds
Th¢ ¢tysts ofgeneravng Iwds Con￿%¢ of inve5vnent rnanyment fee&
(81
Support and 8overnance costs
The Chrty does not kneur supporE eosrk Govema*cÈ costs cornprvsE all costs inYohTlnK the publK accountab51ity of the
charity and its COTnpliance with regulation and good prnctice. Governance (oxs rthte to ¢hari¢able a<uvi¢ie&
13

JOHN SWIRE 1989 CHARITABLE TRUST
NOTES TO THE FINANCIAL ST A TEMENTS
Y•ar •nd•d 31 Decembor 1022
Aceountlnz pollcles {cortSnu•d)
{h}
FIX￿ asset Investments
Investments are 4 forni of basic financlal Instrument and are initially reco8ni5ed at their tran53ction nlue and subsequent
measured at their faSr Ydltse as at thè bahncÈ sheet date uslng tht t105in¢ quat¢d market prite. The statement olllnand
actiwtyes includes the ner galn$ Ind losses arislng on revaltsatitsn and d15P05als throughout the year. The Tmst does not
acquire puc opuot)4 dertvaoves or other cornplex financ￿1 instrurnent¥
The maln form of fin•t)¢￿1 rlsk ficed by the charty 6$ that of yo￿ti￿v in equiLy markets and invpstment vnarkets due to
wider economlc COnd￿On￿ the attioJdE ol investors to ￿Ve11M¢nt ri5l and ¢h¥nges in sentment concerning equN
wthin particular secLofs or sub sectgrs.
john Swire & Sons knmited ordinary 5h8tP5 are valued 4t the rthaximum price that can be applied to saks be
Shareholders. The price 15 proposed at the Annual General Meetfjnk ol the company by the board of dlrectors and
approved by the shareholder* 1¢ ks ￿1C￿￿ted based on a dividend yield ¢alculatyon and rwiew of clxnparable quoted
tompanies.
john Swire & Sons knmited preference shares are valued c#) a d*lty basls by dNidln8 the coupo* by the average yleld of
omparable quoted compan￿* scaled down to account for the shares btlng unllsted.
Freehold hnd IJ initKIlty me•sured w*nsacrion v*￿t and subsequenrly rnts5ur*d at the* value a5 *t the b¥lane* sheet
(i)
Inve5tsnent galns and losses
All 8alns and l¢)sses ire included net h the Statement of Financial Activities as they 3rise. Realised gain5 and losses on
Investments are calcuknred as the difference between sales proceeds and their ¢pening carrying or their purrhase
¥aluÈ If ac9uired subsequent to the first ay of the financial year. Unrealised gains and tQS5es are cal¢ula¢¢d as the
drfference between th* fair value at the year end and their arrying value. Realised and unrealknd thyestment xaiTrs and
losses are combined in the statement of Financial ACtThl￿e
Donatlong and leaacles
2022
2021
In specie investments
Cash donations
1537.283
1592.315
1.625.011
1.625,011
3.129.598
All donations were attribu¢3ble to the Eypendable Endo￿nent Fund.
Investment Income
2022
2021
Investment income cornpri5e3".
Income from unlisted se£urityes
Incorne from listed 5ecuriue5
Interest on cash deposits
Rental in¢ome
1.565.099
943.666
6,017
155
2.039515
861.002
502
93
2,514,937
2.901.112
Investment income in both years was attrtbutable to the Unrestricted Incorne Fund.
14

JOHN SWIRE 198? CHARITABLE TRUST
NOTES TO THE FINANCIAL ST A TEMENTS
Year ended 31 December 2022
Anal￿1$ of expendltslre on charltable activlties
The charity did not undertake any a¢tlvity dire¢¢ty bu¢ met ILS charitable purp05e5 by making donarion5 and &nrrts.
Grurtrs mode tt• (horitoble instittrttM>
2022
2021
Abbey Physic Community Garden
ABF The Soldiers. Ch¥ity
ACE Afrlta {UKI
Action for Me
Action Medkl Research
eUK
Air ArnbuLince Charity KenL Surrey. Sussex
I Saints Supporter's Trust
Ajmshouse Association
Alzheirner'5 Research UK
Ajzheimer's Society
Arthrr(is Research
Artists. General Benevolent Institution
Ashford Mediation Seyviee
Asthma UK
Atlant¢c Satmon Trust
Backcare (National Back Pain knociatbonl
Barn (hA Trust
Bat Conservadon Trus¢
B*ttersea Dogs & Cats Home
Be Change
8i81$5ue FoundatioTr
Blackthorn Trust
Bllnd Veternns UK
ood Canter UK
Breaknng Barriers
Br￿hton Sussex Uni Hospita15 NH5 Trust Fund
Bristol Owner5 Heritage Trust
Brit Leprosy Trust
Britain-Australia Society EdKational Trust
British Asian Trust
British Heart Foundation
British LNer Trust
British Red Cro$5
8ritlsh Ked Cross (Essex)
Brttish Red Cr0$5 (Kent)
British Tinnitus A550ciation
Brrllen Pear5 Arts
BTO, British Trust for Ornitholo
uglrfe- The Inyertebrate Conservation Trust
8umblebee Consern￿on Trnst
Butterfiy Cgnservation
Caldecott Foundation
CarnPa1￿ Against Lw%ng Miserably {CALMI
Campaign to Protect Rural England (CPREI
15.0th)
s.￿0
1.000
10.000
1,000
2,000
35.000
1.000
2.000
25.000
16.OLIg
1.000
si.000
1.000
1.000
5.000
1.000
i Joo
1.000
1.000
1,000
I,c￿0
1.5fX)
25.000
3.000
10.000
25,0(XJ
2S.390
25.C
i.ooo
20.IXW)
20.IXIO
1.ooo
1.000
1.000
5.000
25.000
2500
5,000
lo1.￿0
1.000
i.ooo
4.782
5.000
1.000
12&0Q)
30.oc
26.000
1.000
30.(XlO
i.or
Carried forward
38&390
369.782
15

JOHN SWIRE 1989 CHARITABLE TRUST
NOTES TO THE FINANCIAL ST A TEMENTS
Y•*r •nd•d 31 Decembor 2022
Analysls of expendlture on charltablg artlvltlos (contlnued)
2021
2021
Brou8ht forward
386.390
369.782
Can¢er Research UK
Canterbury and DistrKt Samaritans
Canterbury Cathedral Tnjst
Canterbury Choral Society
Canterbury Fe$(￿al
Canterbury Food Bank
Carefree
Carers First
Catching tive5
Can¢repoint
Chanpng Faces
Charitie5 Aid Foundation- Donor Athi5ed Fund
Chelsea Physic Garden Company
Childnet International
Cinnamon Trust
Citizens Athfice Bureau in Swale
CleaTrupuk
Cobbe5 Meadow
Combat Stress
Communigrow
Coronary Prevention Group
CPRE Sussex
Crundale & Godmersham PCC
Cruse Bereavement Care- East Kent & Swale
Curwen Priftt Study Centrè
Cystic Fibrosis Care
Dandelion mme
Deal Music alld Arts
Demelza House Children's Ho5PlCe
Design and Manufacture for Disabiliry (Demand)
D*paul UK
Derbyshire Wildlife Trnst
Devon Environment Foundatyon
Dogs Trnst
Dover Boat Trust Fund
Dover Bronze Age Boat Trust
Down's Syndrome AssoCIa￿ON
Durrell Wildlife Conservation Tru5t- UK
East Kent Hospir3ls NHS Trust. Mountbatten
Easi Kent Sch¢)01s Together
Ecobirrnin￿aM
EColO￿(al CommunTrty Trust
Ehas {Edenbridge Holiday ACti￿tIeS Scheme)
Elizabeth Rnn Car
EnwTreering Developrneni Trust
Epilepsy Research UK
Essex Boy5 & Gir15 Clubs
E55ex Clergy Charity
E55ex Wildlrfe Trust
E55ex Yeornanry Association
Carried forward
1,000
1.000
55.OtX)
1.000
10.000
15.000
50.000
1,000
10,000
25,000
24,858
52,600
75.0(KI
45.000
10.000
ify),000
25.000
25.000
i Joo
i.ooo
10.000
1.000
10.000
25,QOO
8.000
i.ooo
i.ooo
3.oots
i.ooo
5.000
15,000
1.000
12.500
25.000
6.oc
10.000
10.000
6.￿0
10.000
30.000
75,0
53,7C
3.000
1.000
1.000
50,OCII
1,000
10.000
20.000
10.000
5.000
i.ooo
20.000
20.000
22.136
l.oco
1.000
1.000
1.000
1.009.184
779.282
16

JOHN SWIRE 1989 CHARITABLE TRUST
NOTES TO THE FINANCIAL ST ATEMENTS
Year ended 31 December 2022
Analysls of expèndlture on charltabh actlvltl•$ (torttlnuttd)
2022
2021
Brought fovward
1.009.184
779282
Famtly Unks
Family Trusr
Faversham Assistance Centre
Fayersham Municipal Chartties
Faversham Society
Feeding Familie$
FibrOmya￿.a Action UK
Firstlight Trust
Foundation of The College ol St Georye
Friday People Limited
Friends of Favarsham Cottage Hospltsl
Frien& of Kent Churches
Frien& of Lewes
Friend5 of The Elderly
Frien& of The Keep Archives
FrondiTre
Future Trees Trust
Game & Wildrfe Conseryation Trust
Garden Museum
Glyndebourne Productlons knmited
Gurkha Weffare Trust
Hampshire & Isle of W￿t Air AMb￿lanCe
Hampshirt & Isle of w￿ht Wildlife Trust
Hands of Hope
HI￿OW Cricket Club
Harlow PCC
Hatter Cardovastular Institutè
Heart of Kent Hospice
H¢brideart Whale & Oolphin Trust
Help Mu51cians UK
Hope For Tornorrgw
H05Pit3J of Stlohn 2nd St Elizabeth
Household Division Queen'5 Silver jubilee Trust
I Can Charity
Instttute Cancer Vaccines & Immunotherapy ICVI
Irish Guards Association
Irish Guar¢k 8enevolent Fund
Isle of w￿ht Food Bank
juvenile Diabetes Research FouTrdatson
Keep Brirain Tidy
Kent Air Ambulance
Kent Ass¢xiation for The Blind
Kent Community Foundation
Kent Multiple Sclerosi5 Therapy Centr¢
Ktnt Nationl G¥den kheme
Kent R¢fuge* A¢tlon Network {Krdn)
Kent Wildlrfe Tru5f
Kent. Surrey & Su55ex Air AMbU￿nce Trust
Kidney Research UK
King Edward Vll's Hosptsl
Carried forvrfard
3,336
10.000
2500
25.000
io.ooo
65.91Tr)
50.0fy)
1.160
i.ooo
l.GC
3,000
20.000
10.000
50.000
20.0(
1.0
1.000
1250
i.ooo
1.000
26.000
1.250
10.000
40.000
10,000
10.000
2.0(70
10.ooo
5.000
25.000
I 1.000
21.918
2.000
5,000
5.000
1,000
25,0110
1,000
1.000
1.000
2.000
1,000
1000
1S,CQO
i.ooo
31.625
1.000
1.000
224,8QO
20.QOO
10.ooo
5.000
I 1.000
10.O(X)
1,000
1.000
178.000
10.000
10.000
20.(J)O
I,￿0
1.000
1.000
1,488.088
l J69.617
17

JOHN SWIRE 1989 CHARITABLE TRusr
NOTES TO THE FINANCIAL ST A TEMENTS
Year ended 31 December 21J21
Analy51s of expendlture on chJrlt4bl¢ artlvltleg (Contlnued)
2022
2021
BrOu￿t for%￿rd
1.488,088
1.369.617
L'Arche
Leighton Buzzard PCC
LEPRA - British Lepr05y Relief Associatior¢
Leukaemia League
Lon&*n Nautical School
Lt Colonel's Fund for Irish Guards
Maemillan Cancer Support
Magye's
Maidstone Hosplce
Marine Consemtion Society
Medical Aid for Palestinian5 IMAP)
Menin&'tis Now
Mentsl Health Foundation
Merton College
Myaine Trust
Mind
Mission to Stafarers
Mlssions to Seaman
Mont¢ San Marino Trust
N*tIOn￿ Autlstlc Sotlety
Nationl Rheurnatoid Arthritis Society INRAS)
National Searrh and Rescue Dog Association
National Trust
Na¢40nl Tru$t for Scotland
New Su55ex Opera
Nottinghamshire Wildlife Trust
Now Teach (Ark UK Proyarnmes)
NSPCC
Old EtoTrian Trust
Open Door Youth Counselling Ltd
Order of St john for Essex
Order of St ltshn for Kent
Painters Forstal Community knciation
Paula Carr Trust
PCC gf St Anne'5. Lwes
PCC of St Mary Ihe Virgin. Furneux Pelham
People Matter Trust
People's Dispensary for Sick Animals IPDSAI
Personal SeNce Group
Pilgrims Hospices
PLintlifp Interrwtio￿I
Porchlight
10.c
10.ooo
1.000
5.000
1.000
25.000
1.000
2.OCiI
I,ocrfJ
2,OCiI
30.OCQ
30,OCQ
15CQ
1,000
S,OCQ
1,000
2,0
25.000
25.0
1,5G
5,000
1.000
25,CilO
2,500
2.500
2500
25.OCKJ
i.oc
1.000
1.200
1.000
1.000
I.OG
I.OG
5.000
45.000
30.000
1.0
i.ocrf)
24,950
20,0
1,00)
I,tYJO
15.QOQ
10.000
10.ot
i.oc
5.000
26.000
2.500
30.000
l.ot
Prince's Trust
Queen Elizabeth'5 Foundation
Randorshire Wildlife Trust
RAFT (Restoration of Appearance frjnction)
Raybd Charters
RDA- Cobbes Meadow
Reed'5 School
Re-Engage
Carried forward
1.000
25.0(10
50.000
50.C(10
1.000
15.000
1.840.738
1,665.117
18

JOHN SWIRE 1909 CHARITABLE TRUST
NOTES TO THE FINANCIAL ST ATEMENTS
Year ended 31 D•c•mb•r 2022
Analysls of expendlture on charltable actlvltl•s (condnu•d)
2021
2021
Brought fonnrd
1.840.738
1.665.117
Refugee Action
Rydsn- the Trust for Sports Tetrapleglcs
Rosemary Foundation
Royal Alexandra & ￿bert
Royal AssoCiat￿n lor Deaf PeO￿e IAADI
Royal British Legion
Royal Brompton & Harefield Hospitals Charity
Royal Horricultural Society
Royal Humane Society
Royal Marsden Cancer Charity
Rordl National Institute ol Blind People IRNIBI
Royal National Instttute lor Deal People IRNID)
Royal Society for the Protection of Birds
Royston Yoth Artion
RSPB
RSPB Scodand I savi￿ Moryem's knnforest
RSPCA
Rural Cornmunity Council of Essex
Sage Gateshead (North Music Trust)
Salvation Army
Samarit
Selling Church Buildings Trust
Selling PCC
Selling Sports Club
Sheffield and Rotherham Imldlife Trust
Shine
Shropshire Wildlrfe Trust
Soil Assotiation
Somerset Wildlrfe Trust
South Lonth)n Reluge¢ Asso¢iarton
South Wight Area Youth Partnershlp ISw*yl
SSAFA Forces Help
St Andrews Church
St c￿re Hospice
St john Ambulance
St john and Sc Elizabeth Charity
St john of jerusalem Eye Hospital Group
St Mary the Virgin Church Furneux Pelham
St Mungo,
St Mungo Communlty HouslngAsso¢latk*n
Still Water5
Stour Mu31C
Strand Arts Centre
Stroke Association
Sunlight Development Trust
Sussex Communw FoundI￿On
Sussex Hisrgrir Churches Tru5f
Sydenham Garden
Temple Grove A￿d￿Y
Carried forwJrd
50.000
10.000
25.000
1.000
1.000
15.IXIO
I,LWO
65.677
10,00
4.500
50.677
i.￿0
81517
25.000
iJoo
25.￿?
1.000
1.000
1500
1500
1.00)
75.000
1,000
91,000
I,oc
50.000
so,000
8MOO
2.500
2500
1.000
10.000
1,000
1.000
5.000
5.000
55.000
15.000
25.000
15
10,0
10.LWO
13500
20.QOO
7500
10.000
15.000
5.000
15.000
5,000
1,446,432
2.006.794
19

JOHN SWIRE 1949 CHARITABLE TRUST
NOTES TO TH E F I NANCIAL ST A T EM ENTS
Year ended 31 Decemb*r 2022
Analysls of expendlture on ¢harltable artlvltbes {contlnued)
2022
2021
Brought lon¥ard
2.446.432
2.006.794
Thames Rivers Restoration Trust
Thanet Community Development Trust
The AltitudE Foundation
The knber Foundation
The Caldecott FoJndatlon
The Green Team (Edinburgh and Lgthians) Ltd
The Gurka Welfare
The Pa553ge
The Prince's Trnst
The Young Llves Found•tlon
Thinkforward UK
Toynbee Hall
25,000
I2.(￿0
20.000
20.000
i.￿0
25.ctlo
25,000
iooo
25.O¢KI
Tree5 lor Cities
Trussell Tru31
Turn2us IEli%ab¢th Flnn Care}
University of Lgndon
UnNer5ity College Oxford
Unlocked Gradua
Versus Arthriti5
¢rorian So¢1
Welle51ey House and SL Peter'5 Court Edu￿119￿?1 Tru
Wes¢ Faversham Cornrnunity Associition
West Wight Sports & Community Centre
Wildfowl & Wetlands Trust
Woodland Trust
WWF- Mai Po Nature Reserve
Yorkshire Dale5 Millennium Trust
Yorkshire Wildlife Trust
Young Chs$ical Artists Trust
Z¢alogltal Soelety of London
25.000
1.0
50.tXIO
i.ooo
3.000
5.0(
25.OQO
2.000
25.000
50.oc
15.000
25.000
14.350
25.000
25.￿0
25.000
2JOO
TO￿ donador
2,721,282
2252.794
Gmmontt costs ollLXQted to chorit0￿e actitrffie5.'
Administration lee
ConsultarKY Costs
Au¢%tor'5 remuneration
Management fee- Lind
Bank charges
4.680
n.500
4.201
57
271
3.600
60.871
3.144
57
81,709
67.783
Total expenditure on charitable activities
2.801991
2.320577
Expenditure on tharitabje actiMtie5 in both years wa5 attributable to the unrestricted IrKome Fund.
20

JOHN SWIRE 1989 CHARITABLE TRUST
NOTES TO THE FINANCIAL ST A TEMENTS
Year ended 31 December 21122
FIX￿ *ss•t ln¥￿tm*nts
2021
2021
Freehold land
Mark¢t end of y¢ar
19,125
19.125
Quotsdlunquotsd Inveitmeblts
Marke¢ value at start of year
In specie donations
Additions at cost
Proceeds on thsposal
Realised gain on disposal
Net unrealised {lossesll8ains on investment assets
Market value at end of year
Totsl
.169283
44554.473
1537,283
3508.189
(29J65)
187
30.598.716
80.169,283
80.188.408
975.317
116.597,777)
64.546,823
64.565.948
Investments have been made in the followlng ¢ategorl¢s of s¢¢uritie& -
Quoted investments
25.378206
27,216,477
52.952.806
Unquoted irwesrments
39.168.617
64546023
80.169.283
The historical cost of investments at 310ecember 2022 £33.614.466 (2021 . £32h39.149).
The unquoted inves¢ments were ordinary and preference 5hare$ of John Swire & Sons Limited. The largest
InvestrnEnts are a holdinK of ordinary shares in john Swire & Sons Limited valued at £37,334.258 12021
£50￿15.565) and a holdinz of units in Sarasin Alpha CIF for Endovrnents at £24,001,10712021- £26,32&2401-
The charity is partty reliant on investment income in tht forrn of interest and dr4iden& 8enerated by ihe
investsnents held.
Net unrealised k)55es on investment assets of £16597,777 P021- ￿Tr$ of £30.S98.7161 were attrlbutable to the
Endowment Fund.
Dtbtors
2022
2021
Other debtors
23.379
25.906
21

JOHN SWIRE 1989 CHARITABLE TRUST
N OTES TO TH E FI NAN C IAL ST A T EM E NTS
Year ended 31 December 20Z2
CredltoN: amounts falllng due wlthln one year
2022
2021
Ac£ruals and deferred incorne
Chher cre&itors
t)onations payable
4,294
210.308
25.0
3.144
7.704
239,602
10.848
Analysls of net assets brtwegn funds
Unresthcted
Income
futhds
Expendable
Endowment
funds
Total
1022
Fund balaTrces as at 31 December 2022 are represented br.
Investments
64,565.948
64.565.948
Cash and Debtors
Credirors
791,392
1239.602)
1.6SS.173
2.446.565
39,6021
Net assets
551.790
66.221.121
66.772.911
R¢conclllatlon of net movement In funds to nrt cash flow from operatlng activitl•s
2122
21121
Net movement in funds
Deduct income from investments
Deduct gainsladd lo$se$ on sr*vestments
Increase in creditors
Detrease Illnere*sel In debtors
Donations in speLie
Net cash used in operating activities
{15.346,7681
12,514.9371
16.597,777
228.754
2.527
34.223.967
12.901.112)
{30J98.9031
2,617
113.3641
(lJ37.2831
(824.0781
11,032,647)

JOHN SWIRE 1989 CHARITABLE TRUST
NOTES TO THE FINANCIAL ST A TEMENTS
Y•ar •nd•d JI December 2022
Related party transactlons
Durlng the year john Swire & Sons Lirnited a company in which th¢ trust88s have a ￿rticiPating iThteresL paid
expenses on the chariLy'5 behalf totslling £95.090 (2021 £58.6901 and was repaid fun& to the value of £nil12021
£58.6901. At the b￿ance sheet date, the amount due to john Swire & Sons knmited was £95.09012021- £nill.
During the year Swire Charitable Trus¢ a trust in whKh J S Swlre and B N Swlre arè trustees, pald donatioTrs on
the charity'5 behalf of £1 10,000 r1021 £nill and was repald funds w the value of £nil12021 £nil). At the balance
sheet date, the amount due to s￿re Charitable Trust was £ I10.00012021- £nlll.
At thè b￿ance sheet date. the amount due to the IAS 1995 Property Trust- Fund & a trust in which I S Swire aThd
N Swlre are trustees, was £5,218 P021 £5,218).
During the year. the charity rKeived un¢onditioThal donations frorn famity members of the Trustees of £lA25,{￿O,
P021- £1.500.C¥)O) induding gift wd.
Dyring the year, the trustees reeeived no emolument5 ty reimbursement of expeThses for their s2rrices 12021-
I l. Flnanclal assets and Ilabllltles
The followin8 are fsnancial assets that quat￿1 as basic financi￿ Instruments and are Inltially recognlsed at thelr
¢ran5actyoTh value and subsequentty measured at their fair value as at Ihe balance Sheet &te using the closing quoted
rnarket price or. for uThquoted investments, Using the valuauon methods in the accounting policy for Frxed Asset
Investments".
Flmnclal a%sets
2022
2021
Quotedlunquoted b￿estments
64.546,823
80.169.283
64,546.823
80.169.283
23