THE GRUNDY EDUCATIONAL TRUST Tru8t•g•' Roport and Flnancl•l Statemts Charlty no: 1002803
THE GRUNDY EDUCATIONAL TRUST Year end•d: 30 ber 2025 Contents Pag• Balan Shg•t Not•• fofflilng part al th• hlmncw •lat•m
THE GRUNDY EDUCATIONAL TRUST Page 1 al and administratlve Infornwtlon 1002803. the Trust• •nd 18 und•r the tem18 of thp 8¢tll•nwnt D8•d. as ¥•rl•d Irom tlm• to Trustees Ilr M S Tryden (chrn? Mr¥ A H H•tdy (8•crntsry) Mrn 8 Cart•r Mr 8 Bu¢kl• Mr• T Wllll•m• Mr P Annlng R•gl•t•rod Offlc• ord Cottag• 3 Park•ld• Lam Ropley H•mp•hlr• 8024 CeB Independent Examln•f MrR S P•nter Gl•nmolrn G••colgM L•n• Repl•y Hnp¥hlr• 8024 08T Banker• Uoyd• 8ank plc PO B(*x 10110 Hlgh Stro•t Wln¢h••t¢r BX1 ILT
THE GRUNDY EDUCATIONAL TRUST Pago 2 rt of the Tnmtees for 2025 Soptemr 2025. Actlvilies The objects forwhkh the Clwlty l• •tsbll8h•d •r• to •d¥•fft •(on In rtIcular ljy provldlng or as•l•llry In the pr•10 of grnduate and pMt graduat• grnnts •nd l or loa¥J on Insthutl)no In ¢h• Unltod Kllwdom •nd •lw•h•rn. Results (2024.. £ 30.fJ931 and eXndItUr0 •mourt•d to £21911 (1024: £ 2& Includlng award• id of £22,70012024: £ 21SiXII. An accountancy fw of £ $2512024". £ $25) hm accrw Th• •urplu• of£8.04412024: £4,n61 h• Inern••d th• Unrn•trf¢W Incom• Fund• 10 £40.04212024 . £ 31.998). At th• •nd of th• y•arthorn w•• a n•t appr•clatlon of £18.372 (2024: Th• fln•ncl•l •lat•m•nts on p•g•• 4 to 6 dllB (dth• r••(•ur¢M th• y••r•nd RponSibIlitIeS of th• TnMt•o• Lw appllubkn to ¢harltle¥ In England txI W•l•¥ r•qulrn# th• TnMtM8 to pr•p•r• flnanGl•l •IAtsm•nts far••ch flMnel•l y•v whlch gl¥• • •nd falr tAthT ol th• ¢h•rfty• fin•n¢l•l tlvltle• durlng th• yvar and of It• flnanelal po•ltlon •t th• •nd ol th• y••r. In w•p•rfng tho•• hav• bwn follow•d •ubJ•ct to ny d11•• dl•¢lo••d •nd •xpl•lnod In th• IINn¢l•l . pr•p•r• th• fln•n¢l•l •tal•m•th on * golrya b•l• 11• It l• IMpproprl•t• to rna•on•ble accur•cy at •ny tlm• th• flTh•nclal po•lUcm of th• eh•rlty and to •Mbl• th•m to •ur• th#t th• ftn•n¢l•l •14t•m•nts ¢tynpty Tlth th• Charfll•• Act 1993. T1 arn •l•o rnsponslbl• for saf•guardlry th• asmts of th• eharlty and honc• 0bI• •t•p• for th• woventlon *nd detOCtJon of frnud and oth•r Irr•gularlll••. LL .1..]. Lck_
Independent Examiner's Report to the Trustees of The Grnndy Educational Trust I rert on the accounts of the eh*ity for the year endeAI 30 Septanlv 2025 which are set out on pages 2 to 6. Respective respoD8ibiliti¢s of irustees and examiaer The charity's trustees are resFK)nsible for the weparation of the aUnts in accordance with the ternis of the Charitt£s and Tntee Investm¢nt (Scotland) Act 21K15 and the Charities Accounts (Scotland) Regulations 2(M)6 (as amended). The charity tteeS consider the audit requirement of Regulation 10( l) (d) of the 2006 Accounls Regulations does not apply. It is my responsibility to examine the accounts as required under s¢ction 44(1) (c) of the Act and ty stai¢ whether particular matters hav¢ ome to my attention. BASIS ofilldepeDdeDI examiner's 8tstement My examination is caffied oul in accordanc¢ with Regulation I l of the 2006 Accounts Regulation& An examination includes a review of the accounting records kept by ihe charity and a comparison of the accounts pres¢ntcd with thos¢ records. It also includes eonsiderntion of any unusual items or disclosures in the accounts and $¢cks explanations from the trustees concerning any such matte. The procedure5 undertaken do not provide all the evidence thal would be required in an audil and consequently I do not express an 8udil opinion on the view giv¢n by the accounts. Illdependent examlntr's stalenbemt In the course of my examination. no matter has come to my attention lother than disclosed below I which gives me reasonable use to believe that in any material respect the requirements: to kecp accounting records in accordance with Section 4411) (a) of th¢ 2005 Act and Regulation 4 of the 2006 Accounts Rcgulaliofts to prepar¢ accounts which accord with the accounting records and comply with Regulation 9 of the 2(M)6 Accounts Regulaknons have not been m¢( or 2. to whi¢h, in my opinion. attention should be drawn in order to enable a pper understanding of the counts to be reached. Name.. Relevant Prof sional qualiftcationlprofe&sional i. So. * Please elete t e words in brackets if they do not apply. If the words do apply set out those matt¢r5 which have come to your attention.
THE GRUNDY EDUCATIONAL TRUST Page 4 (Registsred Charity No. 10028031 Statement of Financial Activitles for the year ended 30 September 2025 2024 2025 Unrnstr1ct Incom• Funds Income 28.186 2.204 204 31,882 Int•r•st Awanl•. v•p•y•bl• 1TT 31.955 Expendltur• Awards 21700 831 782 52B 2W7 23.911 Surplus for th• y•ar 044 27.212 Balanco brought forward 31.998 31,998 Balan urrf•d fornard 40.042 Capltal Funds 0,908 605,105 34.267 1¢372 605,166 B•lanc• carrled forward 623,637
THE GRUNDY EDUCATIONAL TRUST Page 5 (Reglsterad Charlty No. 11J02803) Balance Sheet as at 30 September 2025 2024 2025 InV•81n lat •elllng valw) 607.081 COIF Charftl•• D•po•lt Fund 4.600 (4.600) Awards pald In ad¥an 979 Bank account 53.022 604,104 16251 LM•: Ac¢nwd •Xp•ndr• 637.164 663.679 C•pllal fvnd• 823,537 31,999 837,164 664579
THE GRUNDY EDUCATIONAL TRUST Page 6 Notss fomiin rt of the financial Stateme for the r ended 30 Se tember 2025 l. Accounting pollcles The flnancl•l statsm•nts hav• bTr prnpar•d under tho hl8torfcal cost conventlon and In acto¥dance wlth the Flnanclal Reportlng Standard lor Smaller Entities leffeth• June 2002) and follow the reC<¥ntIOnS I Accounllng and Reportlng ty Charftlos: Slatwmnt of Pract1¢¢ Issued In Oct¢thr 2000. {•) (b) Incom•1s obtsln•d through whkh Includ•d atulllng valu• at tho ¢1080 of bu•ln•M on the balanc• shoot dal•. Ic) All Income and exp0ndlrn Ib account•d ft>ron an •c¢nAkn b•• •xcopt that awardB dullng the accountlng porlod lor In the succeedlng •¢ademlc y••r •rn a¢¢ount•d forwh•n th•y IOrn8 pay•bk. Unrn•trlGW fvnd# •r• th• •urplu• of l•M •ll •XpndIrfj In¢urr•d to m••t th• obl•cts of tho ch•rlty. Tha• lunts am furth•r $p•clll•d purpo•• and ar• *v•llabl• a• g•n•rnl fund 2. Taxallon 3. In¥tman As at 1 Odober 2024- (at solllng valum) 130.000 COIF Charltles Flx•d Intsrn•t Fund. Incom• Shar•• 28,000 IA&G Charlfund . Inc¢)m• Unlts 163M2 426.247 088,709 chang• In the value of tho Inv•stmffits COIF Charlllo• Fl¥•d Ibthr•st Fund . Incom• Sh•rns 3,186 AI&G Ch•rlfund- Incm Unlts ApprnclatloD 15,187 18,372 A8 at 30 Soptemb•r 2025 - lat selllng valuts) 130,000 COIF Ch•Tltles Flx•d Interest Fund- Incom• srn• 28.000 M&G Charllund . Incfft Untts 166,647 607,081 Accrued expenditiir• 2025 2024 countsncy foe (5251