Chartty number: 1127796
THE JOHN scorr CHARITABLE TRUST
UNAUDITED
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

TrIE JOHN scorr CHARITABLE TRUST
CONTENTS
Page
Reference and Administrative Detalls of the Charity, its Trustees and Advisars
Trustees. Rèport
Independent Examlnerfs Rèport
Statement of Financlal A¢tlvltiès
Balance Sheet
Notes to tha Financial Statements
8-16

THE JOHN SCOTh CHARITABLE TRUST
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARIry, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 MARCH 2025
Trustee5
Andrew Wemyss. Chairman
Andrew Scott
Daniel Scott
Jghn Claveting
Thomas Monteith
Charty registered
number
1127796
Principal officè
Torrie House
Newmills
Dunfem)line
12 8HH
Accountants
Ryecroft Glenton
Chartered Accountants
32 Poruand T&rrace
Newcasd& upon Tyno
NE2 1QP
Bankors
C Hoare & Co
37 Fleet Street
London
EC4P4DQ
Solicitors
Monleith Solicitors
Park Farrn
Naim
IV12 5RZ
Page 1

THE JOHN scorr CHARrrABLE TRUST
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 MARCH 2025
The TNste&s present their annual report together with the financial statements of the Charityfor the yèar 1 April
2024 to 31 March 2025.
Objectives and actlvitiès
Poll¢les and objectivgs
The objects of the Trust are:
Th? acfvancèmènt of the edulxtion of. and the relièf of poverty among, young people (being principally
bul nol exclusively thuse undeF 251 and in particular, but wtthout restriction, thè support of youth clubs
and similar bodies promoting the recreation and the personal, social and economic development of
disadvantaged young people in London and in and around Greenock and Wemyss by the provision of
grants, goods and seNices,' and
bl
The relief of suffering and alleviation of hardship caused by injury, illness or povgty among present or
former members Df His Majestys Armed For￿ and their families.
• Grant-making policie$
Grants are made by the Charitsble Trust on application in writing. Success of the applic2tion Is subject to the
TTUSte2s' decision to support and is olependent on its rnerit within the objects of the Trust.
Main activities undertaken to further the Charity's purposes for thè publi¢ benefit
In setting objectives and planning for activities. the Trustees havè gDien due (￿nSIderatIon tD general guldance
published by the Charity CDmmission relating to public benefit, including the guidance 'Public benefEt running a
charity IPB2)'.
Achievements and perfomance
Ravièw of activities
During the ￿ar the TTUSt has made grants to thity five organisations totalling £242.00012024 = £242,500- thirty
nine organisationsl, each providing substantial benefft to dpierse members of the public. These are detailed at
note 6 to the financial statemeNts.
Income was generated In the year of £213,983 12024: £239,296) from investments and management fees were
incurred in the year of £86.937 {2024= £80,725). Support costs of £27.45812024= £14,323) were incurred in the
year.
The Trust reports an operating deficit of £142,412 12024: deficit of £98,252) on activities before gaiAS on the
value of its investrnents of £91,84712024- £1,243,575).
Investment policy and performance
Thè Trustees have instructed the investment managers to invest in a portfolio for maximum growEh. Due tr) Ihg
turbulent stotk market conditions gains of £91,847 h8cI occurred in the yèar, being £916,481 of gains on the salè
of investments offset by£824,634 of unrealised losses.
Page 2

THE JOHN scorr CHARITABLE TRUST
TRUSTEES. REPORT {CONTINUED
FOR THE YEAR ENDED 31 MARCH 2025
Financial rèview
Golng concern
Having made appropriate enquiries, the Trusleos are satlsfied that the Charity has adequatè resources to
continue in operational existen￿ for the for￿eeable future. For this reason, they continue to aclopt the going
concÈm basis in preparing the financial slatemenls.
• Resems policy
The Trustees intend to provide grant 8ssistsnce lo the level of the Trust's income in each year. For this reason,
they do nDt intènd to build a reserve beyond the funds undèr managemen( which provides SLrfftci@nt funds for
current needs.
StN¢ture, govemance and managemant
Constltution
The John Sox)tt Charitsbl8 Trust IS 8 charty registered in England, number 1127796, and is constituted under a
Declarstion of Trust on 22 December 2008.
Methods of appolntment or election of Trustsès
The managemènt of the charity is the responsibility of the Trustees who are elected and C￿￿opted under the
terms of the Declaration Df Trust dated 22 December 2008.
Mr Andrew Wemyss (who Is *iso a Truslèa) has the rtghl to appoint and remove Trustèes. Thereafter, Trustees
will be appointed by resolution of the Trustees.
• Organtsational structure and decisionwmaking policies
The Trustees must hold at least one meeting each year and such other meetings as may be expedient. A
meeting is quorate if there be Nyo Trustees present, one of which is Mr Andrew Wemyss. Meetings may take
placè in person or by suitable electronic means.
Resolutions are detemined by simple majority. with the chairman of the meeting having the second or casting
vote.. each Trustee has one vote on each resolutiDn.
The Trtjst ¢ontsot is Mrs Pamela Hydgr al the Prfncipal Office address. Shè manages the clay-t(xlay business
of the Trust.
Policies adopted for the induction and training of TrustÈe5
Mr Andrew Wemyss appoints Trustees following consu]t8tion with them as lo their suitsbility and following
agr8em&nl that they are aware of their duties as Truste9s and speolffcally the objects of the Trust.
Plan$ for future periods
Thè Trustees will continue to consider grants to applications within the objects of the Trust
Page 3

THE JOHN SCOTh CHARITABLE TRUST
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Statèment of Trustees, responsibilities
The Trustees ar? responsible for p￿parIng the Trustees, Report and the financial statements in aGGordancè with
applicable law and United Kingdom Accounting Standards (Unitèd KingdoEn Generally AC￿pted Accounting
Praelicel.
The law applicable to chartties in England & Wales requires the Trustees to prepare financial statements for
eatth financial year which give a tnje and fair view of the slate of affairs of the Charty and of its incoming
resources ancl application of reSoUr￿s, including its income and expendfture, for that period. In preparing Ihes
financial statements, the Trustees are required to=
select Suttsble accounting policies and thèn apply them ¢onsistently,'
observe the methods and principles of the Charities SORP IFRS 1021..
makè judgments and accounting estimates that arè reasonablè and pruclent,-
stste whether applicable UK Accounting Standards IFRS 102) have been followed, subject lo any material
departures disc105ed and explained in the financial statemènts.,
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the
Charity will continue in business.
The Trustees arè rèspDnBible for keeping adequate account"Ag re￿rdS that are sufficient to show and èxplain
the Charivs transactions and disclose with reasDnable accuracy at any time the financial position of the Charity
and enable them to ensure that the financial slalemenls cornp]y with the Charities Act 2011. the Charity
(Aecounls and Reports) RegulatiDns 2008 and the provisions of the Trust d*d. They are a150 responsible for
safeguarding the assets of the Chartty and hence for taking reasonable steps for the prevention anrl d8lection of
fraud and other irregularities.
Approved by ordgr of the members of the board of Trustè85 on 18 November 2025 and signed on their behalf
by..
Andrew Wemyss
(Chair of Trustees)
Page 4

THE JOHN SCOTT CHAR ￿ABLE TRUST
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 MARCH 2025
IndependÈnt Examlner's Report to th8 Trustees of The John Scott Charttable Trust I'the Charity.)
We rgport to the chartty Trusloes on our examination of the accounts Df the Charity for the year ended 31 March
2025.
Responsibilitlgs and Basis of Report
As the Trustees of the Charty you are responsible for the pr?paration of the accounts in accordan￿ with the
requirements of the Charities Act 2011 I'the 2011 AcYI-
We report in respect of our examination of the Charitys accDunts c2rried Dut under section 145 of the 2011 Act
and in carrying out our examination we have followèd the applicable Directions given by tha Charity Commission
under section 14515llbl of the 2011 Aet.
Independent Examinerf5 Statement
Your attentlDn is drawn lo the fact that the Charity has prepared the accounts in a¢¢ordance with Accounting and
Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their accounts in
acGDrd3nce with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 in
preferen￿ to the ABcounling and Reporting by Charities.. Slalement of Recommended Pradice issued on 1 April
2005 which is referred to in the extant regulations but has been wtthdrawn.
We understand that this has been done in order for the accounts to proifjde a true and fair view in accordancg
with the Generally A¢￿pted Accounting Practi¢9 8ff&clive for reporbng periods beginning on or after 1 January
2015.
We have Gompletèd OL¢r examination. Wa confirm knal no matters have come to our attention in connection with
the examination giving us ¢ause lo beliève that in any material respect=
accounting records were not kept in respect of the Charity as required by section 130 Df the 2011 Act. or
the accounts do not accorf with those recorKls.- or
the accounts clo not comply with the applicable requirements (X)n￿rnIng the fonn and content of
accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requir&rnent
that the accounts give a 'lru& and fairf view which is not a matter considered as part of an independent
examination.
We have no concttrns and have come across no other matters in connection wth the examination to which
attention should be clrawn in this fftport in ordèr lo enable a proper understanding of the accounts to be reached.
This report is mad& solely to the Charity's Twstees, as a body. in accordanco wlth Part 4 of the Charities
IAccDLJnts and Reports) Regulations 2008. Our work has been undertaken so that we might slate to the Charity's
Tmslees thDse matters we are rèquired lo state to thèm in an Independent Examiner's Report and for no other
purpose. To the fullest extent pem)itted L)y Jaw, we do nDt accept or assume fftsponsibilty to anyone other than
the Charity and the Charivs Trustees as 8 bocty, for our work or for this report.
Signed=
Dated= 20 November2D25
DebDrah Graham FCA
Ryecroft Glenton
Chartered Accountsnts
32 Portland Terrace
Newcastle upon Tyne
NE2 1QP
Page 5

THE JOHN scorr CHARITABLE TRUST
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2025
Unrestrlcled
funds
2025
Total
fund
2025
Totsl
funds
2024
Note
Income from:
Investments
213,983
213.983
239.29S
Total income
213,983
213.983
239.296
ExpÈnditure on".
Raising funds
Charitable activities
86.937
269,458
86.937
269,458
80,725
25S.823
Total expenditurg
356,395
356,395
337,548
Net expendlture beforè nèt gains on investments
Nel gains on invéstments
1142.4121
91.847
1142,412)
91.847
(98,252)
1,243,515
Net movement in funds
150,565)
150.5651
1, 145,323
Reconciliation of funds:
Total funds brought forward
Nat movement in funds
11440.405
150.5651
14,440,405
150,565)
13,295,082
1, 145,323
Total funds carried forward
14,389,840
14.389,84D
14,440.405
The Ststoment of Financlal Acl6v]tles Includès all gains and losses rpcognised in the year.
The note5 on pages 8 to 16 form part of th8s8 financial st8t&ments.
Page 6

THE JOHN SCOTh CHAR]TABLE TRUST
BALANCE SHEET
AS AT 31 MARCH 2025
2025
2024
Note
Fixed assèts
Investments
10
14.291,658
14.299,691
14.291,658
14,299,691
Current assets
Debtors
Cash at bank and in hand
19,655
109,202
17,112
153,833
128,857
170.945
Current liabilities
Creditors= amounts falling due wthin onè
year
12
130,674
(30,231)
Net Gurrent assots
98,182
140,714
Total assets less ¢urrent liabiltties
14389,840
74,440,405
Total net assets
14,389.840
74.440.405
Charity funds
Unrestricted ftjnds
14
14,389.840
14.440,405
Total funds
14,389.840
14,440,405
The financial statèments werè appro
signed on their behalf by.
èd and authorisèd for issuè by thè Trltsteas on 18 November 2025 8nd
Andrew Wemyss
The notes on pages 8 to 16 form part of the
statèmants.
Pagè 7

THE JOHN SCOTh CHARtTABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Genèral infom)atitsn
The Charttable Trust is reglslered with the Charity Commission for Englancl and Wales, number 1127796.
Ivs principal administr3lion address is Torrie House, Newmills, Dunfermline, KY12 8HH.
The Charitable Trust 15 a grant-making chaTrty.
Accountlng pollcies
2.1 Basis of preparation of financial statèments
The financial statemènts have been prepa￿d in accordance with the Chartbes SORP IFRS 1021
Accounting and Reporting by Charities= St3temènt of Recommended Practice applicable lo charities
prpparing their accounts in accordance with th? Financial Reporting Standard applicable in the UK
and Republic of Ireland IFRS 1021 (èffèdive 1 January 20191. the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 1021 and the Charities Act 2011.
The financial slalements have been prepared to give a Ywe and fairf view and have departed from
the Chatibes (Accounts and Reports) Regulations 2008 only to the extènt required lo provide a 'true
and fairf view. This departure has involved following the Gharities SORP IFRS 1021 published in
October 2019 rather than thè Accounting and Reporting by Charities.- Statement of Rewmmended
Practice affective from 1 Aplll 2005 which has sin¢e been withdrawn.
The John Scott Charitable Twst meets the definition of a public benefit entrty under FRS 102. Assets
and liabilities are initially r&¢ognisèd al historical cost or transaction valué unless othen￿lSe stated in
the relevant accounting policy.
22 Golng ooncern
Al the time of the approving the financial slatemenls, the Trustees have a reasonable expectation
that the Trust has adequate resources to continue in operational existence for the ft)reseeable future.
Therefore the Trustees continue lo adopt thé going concem basis of accounting in preparing the
financial statements_
2.3 In¢ome
All income is recognised once the Charity has entitlement to the incotne, it 15 probable that th&
incDme will be receNed and the amount of income ￿ceIVab]È can be measured reliably.
Income lax recoverable in r&lation tr) donations received under Gift ￿(1 or deeds Df covenant is
recognised at the time of thè donation.
2.4 Expenditure
Expenditure is recognised once there is a legal or constwctive obligation to translèr economic benefit
to a third party. it is probable that a transfer of èconomitt benefits will be required in settlement and
the amount of the obligation can be measured reliabiy.
Exp&nditure on raising funds includes all eXpendi￿r& incurred by tha Charity to manage tts
investm&nt portfolio.
Expenditure on charitable activities is incurred on dIreC￿Y undertaking the activibes which further the
Charitys objectives. as well as any associatecl support costs.
Page 8

THE JOHN SCOTh CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policie5 Icontinuedl
2A Expenditure {contlnued)
Grants payabl? are charged in the year when the offer is made except in those casgs where the offer
is condition21, such grants being recggnised as expenditure when the condititsns attaching are
fulfilled. Grants offered subject tr) conditions which have not been met at the year end are noted as a
commitmènt, but not accmed as expenditure.
Atl expenditure is inclusive of irrecoverable VAT.
2.5 Interest receivable
Inte￿st on ftjnds held on deposit is Includ￿ when rècèivablè and the amount can be measured
reliably by the Charity-, this is nomially UPDn nottfication of kne interest paid or payable by th&
institution with whom the funds are depDSltecl.
2.6 Investments
Fixed asset investments are a fomi of financial instrument and are initialty ￿cognISed al th&ir
transaction cost and subsequently measured at fair vallte at the Balanc& Sheèt datè, unléss thè value
cannot be measured reliably in which case il is measured al cost less impairment. Investment gains
and losses, whether realised or unrealised. are cotnbined and presented as 'GainsllLossesl on
investments. in the Statement of Finan¢ial Act¢vities.
2.7 Debtors
Trade and other debtors are recognised at thè setdemenl amtsunt after any trade discounl off&red.
Prepayments are valued at Ihe amount prep8id net of any trade dtscounts due.
2.8 Cash at bank and in hand
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity
of thr98 months or18ss from thè data of acquisition or opening of the depostt or similar account.
2.9 Liabilities
Liabilities are recognisèd when there is an obligation at the Balance Sheet date as a result Df a past
event, it Is probèble th8t a transfer of economic benefit will be required in settlement, and the amount
of the setuement can be estimated reliably.
Liabilities are recognised at the amount that the Charity anticipates il will pay tr) sèttlè th8 debt or th8
amount it has received 8$ 8dvan¢ed payments for the goods or services it must provide.
2.10 Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in
furtherdnce of the general objectives of the Charity and which have not been designated for other
purposes.
Investment income, gains and loss8s are allocated to the appropriate fund.
Page 9

THE JOHN sco￿ CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Investment income
Unrestricted
funds
2025
Total
funds
2025
Income from local listed investments
Investment Inc￿mè from bank depDsits
212,364
1,619
212,364
1,619
213.983
213,983
Llnrestricted
funds
2024
Total
funols
2024
Income from loc81 list8d inv8stments
Investment income from bank deposits
237.308
1,988
237,308
1,988
239,296
239.296
Investment management costs
Unrestricted
funds
2025
Total
funds
2025
Investment management fees
86,937
86,937
Unreslricted
funds
2024
Total
funds
2024
Investment management fpes
80,725
80,725
Page 10

THE JOHN SCOTh CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 FAARCH 2025
Analysis of grants
Grants to
Institutions
2025
Total
funds
2025
Grants. Dire¢t Costs
242,000
242,000
Grgnts to
Institulrons
2024
Total
funds
2024
Grants, Direct costs
242,500
242,5DQ
The Charity has made the followng material grants to institutions during the year..
2025
2Q24
Name of institution
O￿an Youth Trust
The Royal British Legion Industries
SSAFA
SEAMAB
43,000
39,000
20,000
15,000
10.000
10,000
10,000
5,000
35,000
20,000
20,OOD
10,000
10,000
io,cyoo
5,OLIO
10,000
20,000
10,OOQ
Erskine Hospital
The Scots Guard Charity
Link Living
The Royal Marines Charity
Greenook Medical Aid Society
YE Young Carers
152.000
150,000
Other grants £5.000 and bEIDW lo 27 institullons12Q24- 29 institutions)
90,000
92.500
242,000
242.500
Page11

THE JOHN sco￿ CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Analysis of expenditure on Gharltable activities
Summary byfund type
Unrestricted
funds
2025
Total
2025
Direct costs
269,458
269,458
Unrestricted
funds
2024
Total
2024
Dlrect wsls
256.823
256,823
Analysis of expenditure by activitles
Grant
funding of
activities
2025
Support
costs
2025
Total
funds
2025
Direct costs
242,000
27,458
269.458
Gr8nt
fvnding ol
activities
Support
Gosts
Total
funds
2024
2024
2Q24
Direct costs
242,500
f4.323
256,823
Page 12

THE JOHN SCOTh CHARITABLE TRUST
NOTES TO THE FINANCtAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Analysis of expenditure by activities (¢ontinuedl
Analysis ofsupport Costs
Total
tunds
2025
Activitias
2025
Secretarial costs
Accountancy
Legal costs
Independent examlnels fee
Sundry expenses
17,510
6,225
1,458
1,750
515
17,510
6.225
1,￿8
1,750
515
Total 2025
27,458
27,458
Tol&l
funds
2Q24
Atrtivilres
2024
Secretsrial costs
4,800
3, 780
2,322
1.500
603
1.378
4,800
3,780
2,322
1,50
603
1,318
Accountancy
Legal costs
Independent examiner's fee
Sundry expenses
Trustees. att8ndance at AGM
Tot812024
14,323
14,323
Indèpendènt èxaminèfg remuneration
The independent examiner's remuneration amounts to an Independent examiner fee of £1,750 [2024
- £1,500), and accounts preparation fees of £4,42512024- £4,140).
Trustees. remuneration and expenses
During the year. no Trustees ￿￿1Ved any remuneration or other benefits PQ24- £NIL).
During the year ended 31 March 2025, expenses totalling £NIL were reimbursed Dr paid directly lo
Trustè8 (2024 £1,318 to f Tmstee). Expenses covered trav?1 and awDmmodation costs incurred by
trustees in attending the AGM.
Page 13

THE JOHN sco￿ CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
10.
Fixed asset Investmènts
Cash held
for ro-
investment
Listed
Invèstments
Total
Cost or valuation
Al 1 April 2024
Additions
Disposals
Revaluations
13,832.443
467,248
14,299,691
6,820,019
7.390,328 14,210,347
17,178.9081 17,131.3191 114,310,227}
91.847
91,847
At 31 March 2025
13.565,401
726.257
14.291,658
Net book value
At 31 Mar¢h 2025
13,565.401
726,257 14.291,658
At 31 March 2024
13,832.443
467,248
14,299,691
11.
Debtors
2025
2024
Due wlthln one year
Other debtors
18.055
1.600
17,112
Prep3yments and accwed incorne
19.655
77,112
Page 14

THE JOHN SCOTT CHARrrABLE TRUST
NOTES TO THE FINANCtAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
12. Credltors: Amounts falling due wtthin one year
2025
2024
Accruals and deferrèd incDmè
30,675
30,231
13. Financial instruments
2025
2024
Financial assets
Financial assets measured at fair value through income and expenditure
109.202
153,833
14. Statèment 0f￿ndS
Statemènt of funds - ¢urrent year
Balance at
31 March
2025
Balance at 1
April 2024
Galn
(Lossès)
Income Expendlture
Unrèstricted funds
General Funds
14,440,405
213,983
1356.3951
91.847 14.389,840
Stat8m8nt of funds - prior yèar
B818nce at
31 March
2024
B81ance at
1 Apnl 2023
Garns/
(Losses)
Income Expenditure
Unrestricted funds
General Funds
f3,295,Q82
239.296
f337,548)
1,243,575 14,440.405
P2ge 15

THE JOHN scorr CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THEYEAR ENDED 31 MARCH 2025
15. Analysis of net assets between fvnds
Analysis of net assets bètween funds - currant year
Unrestricted
funds
2025
Total
funds
2025
Fixed asset investments
Current assets
Creditors due within one year
14,291,658 14,291,658
128,857
128,857
130,6751
130,6751
Total
14,389,840 14,389.840
Analysis of net assets bgtween funds - prlor year
Unrastrirted
funLIs
2Q24
Tot&1
fvnds
2024
F￿e￿ asset investments
Current assets
Creditors due within one year
14,299.697 14.299.6gi
170.945
ITO,945
f30.231J
{30,231)
Total
Y4,440.405 14,440,405
16. Related party tran$aGtion5
Included in SUPPDrt costs in note 7 above are fee5 paid to Monteith Solicitors of £1.215 excluding VAT
{2024 £1,935) for legal advice. Thomas Mont8ith, a Trustee, is a partner of Monl&ith Solicttors.
Page 16