Charity re8b51ratlon nurnber 1193031 IEn8land •nd W•lesl THE MARGARET ROBEKfsoN CHARITABLE TRUST ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
THE MARGARET ROBERTSON CHARITABLE TRUST LEGAL AND ADMINISTRATIVE INFORMATION Twstees Mr P D Leadsom Mr D J Maher Mr M P Robinson Charfty nurnlJerlÉn8lafid and Wales) 1193031 Prfnclpal address Hodge Halsall SO1[tO 18 HoEhiOn street Southport PR9 OPA Independent wmSner Mltchell Charlesworth tte5 C.D.E. & F 14th FIrThe Plaza l(N) Old Hal Street Lryerpool Investment adv180 Rowan Dartlngion & Co. Ltd StJame5's Place House 2610The QuadranL Aztec Wesl Brbstol 8532 4AQ GHC Capitrl Markets Limrted NorwKh House 22-30 Horsèfair Street LeKester LEI 58D
THE MARGARET ROBERTSON CHARITABLE TRUST CONTENTS Pa Trustees, report Statement of trustees. re5ponslbllltks Independent ey2mlner's report Statement of finanail activitS Balante sheet Notes to the finantk41 staternents 8-13
THE MARGARET ROBERTSON CHARITABLE TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 The trustees prèsent their anThl port and financial statem2nts forthe btarended 31 December 2024. The flnanerdl statements have beeft wepared in accordance wtih ihe accountinz pollcles set cmjt in note I to the flnanclal statements and Comp with the trust's iru5t deed. the Charitie5 Act 2011 and 'Accountlng and ReporrinE by Charities- Statemeni of Recomnded Pttl(e applicable to Charities preparing their accounts in accordart ¥th the Flnènclal RepDrting Standard appIable In the UK and Republic of Ireland IFRS 1021" loffÈctNe l January 20191. Oblettlves and •ctfvltles The otrlertlves of the charityare athanMent of lunds to promote thè objects of the followlng charf(les.' l. The Greyhound Trust IRCN2696681 ol"Peeks". Brook Lane, Horley. Surrey. ftU6 9SX. 2. Queenstourt Hosre IRCN 5188011 ofTown Lane. Southport. PR8 6RE. 3. Southport OFtshore Rescue Trust IRCN11468051 of ihe Lileboat Htyjsè. Esplanade. StyJthw•rt. PR8 IRX. A(fvanclni funds to Qveenscourt N05pi£e IRCN 2696681 to provide continuing terminèl tsre Selee$ tts all persons wtth canr or other disease where it 15 fell thai a cure Is no bnger PDssible and lor whom tsnly pallkitlve treatment is available. Advancin8 (und5 to The 5wthport Offshore Rescue Trust IRCN 11468051 for the pseNatiOn ènd saving of Ilfe at sea and to equip. malntaln and opÉrate an offshore rescue service at SwthsK>rt. Advancln8 funds to The Greyhound Twst IRCN 2696681 for the relief of suffering and dést5$ of greyhounds retlred Irom racin8. Publicbenefit The trustees confirm that they have throughout the term had reeard to the guidano i55ued by the (tharity Comrnssslon on publlc benefit. Activities Summary of the rnain xtivitles in relatlon to ihose purpose5 for the publx benÈfrt. in partkubr, the actNrf(ies, prolects or seNices Identified in the accounts. Oonatlon of £267,841 to aueenscourt Hospice to assist the Hosplce their Give Chrlstmas chaInge and on8oln8 funding shortfalls. Donation of £25.OCrf) to SouthkY)rt Offshore ReKue Tw51 to assst with the purtha5e of è replacement Insho Ihboat lauThch vehicle. Oonation of £25.1XK) to The Greyhound Trust to provlde lunds towrdrds ihe on8oin8workwi(h tid £reyhouThd5. Gront mtskingpolicy This Is a discretionary Trust and the Twstees u5ethat d15cretion to dimrlbute funds &cording to need and publlc benefit in accordance with the purposes of the TfU5t. A¢hlevtmènts and performance SignlfJcontoctivitie5 ond orhievements 04oinstobJerthes Queen5court Hosplce . provlded vital flnancial èssistaryce to a charity thai (*liver5 Cate and support for over 181M) people a year suffering fiom cancer and oiher seriou5 dlseases. The Flosprce iete¥¥es le55 than 20X of Irs fvnding Irom the NHS and relie5 heavily on donations for its very survival.
THE MARGARET ROBERTSON CHARITABLE TRUST TRusfEES' REPORT {CONTINUED} FOR THE YEAR ENDED 31 DECEMBER 2024 The trustee5' report approved bythe 8oard of Twstees. -p. QL> Mr M P Robinson Trustee Date.. zz.Ib. &2f.
THE MARGARET ROBERTSON CHARITABLE TRUST TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Southport Offshore Rescue Twst - the financlal support pthded durin8 the year ensured the new tsleboat Station was fully eiuipped to allow ft to continue to provlde a search & rescue serrice around the Sefton eoastline. The charity is Independent from the RNLI and recelves no dire¢rfundin8 and is dependent whollyon Llon3t¥)ns and fundraising. The Greyhound Trusl the flnancittl a$51stance provhled allowetl the Trurt to complete their ftsgshlp homlng centre. The harlty is the only national charity desJKated to homln8 retired ricing g¥eyhounds when they retire from raclng. Investmentperfom70nce The performance of the undertying lund Into whkh the Tnjst [nIeS a Inve5d Is re¥d by the trustees on a regular bas15. Flnanclal revlew Prlnrlpolfundinq50urces The Trust fund is Invested in an Irwestfflent fund from whith wrthdrawals are rnade to make donations to the three charlty Investmentpoliry The investment fund Is Invested in a range of #ocks. shares & r45h balancln8 rlsk and reward with a vlew to overall Capltal ppreriatlon. The thar6ty has no employees or other costs and iherefoTe risk rnlnlmlsed. There 15 a risk to the investment fvnd from downtum In equity Nice5 twjt th Is mlnlmlsed by a spread of rlskand regular es. Strudurei govern•n¢¢ irKI management The Margat Robertson Charltable Trusi Is an unlncorporated trust. re8ted a5 a tharrty on 8 January 2021. The charity wa5 established unrler a Trust Deed. whlch establiSd the oblerts of the uniwrporated trust as set out In the underlylng wlll. The charity con$15ts 01 th trustees and employees. There is no wider networ The trustees who 5er%d during the ar and up to the date of 5¥nature of the finaKial statements were.. Mr P D Leadsom Mr D J Maher Mr M P Robinson Recruitmenrand•ppointrnent gf twstees The cornpany's current pollcy corKeming the paymÈni of trade creditors Is to follow the cei's PTompt Payers Ce Icoples are avallable from the C61, CentTe Polnt. 103 New Oxford siet. LondoTh WCIA IDUI. The company'5 current poltyconcernlngthe payment of trade CTeditor5 is to.. settle the terms of payrnent wlth suppliers when agreeing the terms of each transartH)n- ensu that suppliery are made awa of the terms of payment by inclusion of the leVant terms in wntracts.. and pay in accordan th the charty's contractual and other la1 obli8ations.
THE MARGARET ROBERTSON CHARITABLE TRUST STATEMENT OF TRUSTEES. RESPONSIBILrriE5 FOR THE YEAR ENDED 31 DECEMBER 2024 The trustees are responstble for ppadnE the Trustees, Report and the financlal $tsteTrnts In accordance with appllcable law and Unlted KlnKdom Actou•tin8 Stsndards Iunlted Kingdom Genernlty Accepted Attountlng Pract*el. The law appllcable to charlties in England and Waks requSres the trustee5 lo prepare finarKk415taternent5 for each financial vear which give a true and falr Vlew of the stale of affalls of the trust and ol the IrKoming re50urce5 and appltcatlon of resource5 of the trust lor that year. In preparlng these financhil staternents, thetrustees are QUired to.. select sultable accounting polKies and then applythem tOn515tentty.' - observe the methods and prinpS in the Charities SORP.. - makeludgement5 and estirnates that are reasonable and prudent- state whether applicable accountine stsndards have been foll)wed. subject to ary rnaierol departure5 dlsclosed an explalned the financial staternerst5.' and prepare the finoncial ststements on the golng COnM basis vnle5S it is InappprWte to presume that the charity wlll continue In operntlon. The irusiees a responsible for keepin8 5ufficknt accwntin& reco¥d5 that dlscbse wlth reasonable acoJracy at any time the financial p051tion of the trust and enabk them to ensure that the financial statements compty wlth the Charities Act 2011, the Chadty (Accounts and Ileportsl ReKuL3lio 2C¥)8 and the provislons of the trust deed. They are also Sponsible for safeguarding the assets of the tfvsl ond hence for tskln8 reasonab steps lor ihe yevertlon and detectb)n of fraud and other
THE MARGARET ROBERTSON CHARITABLE TRUST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE MARGAR ROBERTSON CHARITABLE TRUST I report to the tru5tee5 on my ekamination ol the fftnancial statements of The Mar6aret Robertsgn Chairtabk Trn$t (the trustl for the year ended 31 Oecember 2Q24. Th15 report Is made solety to the chafity's trustees, a5 a body. in accordance th Sertion 145 of the CharStles Att 2011. My emarnination has been undertaken $0 that I might 5tste io ihe charity's irustees those matters l am reouired to stste to them In an Independent Examlner's rewrt and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responslbilr(y to anyone other than the charity and the charrty's trustees as a tr)d¥, lor my examination. for thls report. or for the opinlons I have formed. ResponslbSlltles and b•slsof report A5 the trustees of the trusr you are responsibk fDr the preparatlon of the financial statements In accordante with the requlrements of the Charitle5Act 2011. I report In respett of my exarnInatl¢ of the trusvs financwl statements carried out vnder secbon 145 of the Charities Act 2011. In carryinB out my examirtatn I have folbwed the Oirections gNen ty the Charrty CommissK)n under 5ectlon 14SISllbl of thÉ Charitles Act 2011. Independent ¢xarnlnee5 Statement your attention Is drawn to the fart that thÈ ¢h•tlty has prepad the hnanclal statements In accordance with the relevant ver51on of the Staternent of Recommended Pratte applicable to charities preparlng thelr linancial statements in accordance with the Flnanclal Reportlng Standard applKoble in UK and Republic of IreThd IFRS 1021 in pference to the Accountin8 and Reporting by Charles.. Statement ol 8ecomrnended Prartlce Issued on l April 25 whKh 15 referred to in the extant regu13tKsns but has fiow been wlthdrawn. l understand thai this has been done In wder for the financlal statements ¢0 provlde a tfue and lair View in accdance wrth UK General Accepted Aecounting PractKe. I have completed ry éxaminat)n. I confirm that no have Cor to nw attentk)n in tonnection with the examlnatlon ging me cause to bele that In any maierral respeci.. accounting records were not kept In resped ol the trust as requiretl settion 130of the Charltles Act 2011. the tinancial statements do not accord with thJ5e records.. or the linancial starernnis do not comply wlth the applicable requirernents concernlng the frjrm and cty)te•t ol flnancial statements ser our in the Charities (Accounts and Repjrtsl Regvlatsons 2CM18 other than any reQUirnent that the financhil stktements &e a true and larr Vie which is not a matter considered as part ol an independent examination. I have no corKe¥n5 and have come across no other matters In connection wtth the examinath?n to whkh attentn should be drawn in this report in older to enable a proper understsndin8 of the financial staternents to be reached. LLL t Ll C 5 1dLYIJ.I Mltchell Char$Worth Suites C.D.E, & F 14th Floor The Plaza 100 Old Hall Street Llverpool L39( Date.. 22 October 2025
THE MARGARET ROBERTSON CHARITABLE TRUST STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024 Unrestrkt fvnd$ 1024 unrestr1cd funds 2023 Notes Income from.. Donations and legacles Inve5trnent5 15,987 142.138 137.$84 Totsj Income 137.584 158,125 Expendlture on: Raisln8 funds Charltable attivities 56.198 321,752 48.347 427,0 Totzl expendlture 377.9X) 475.347 Net galns11105sesl on Investments 12 1801 38526 Nti Expendllurt and rnovemerrt In funds 1240.M61 1278.6961 Recondllatlon of funds: Fund balances at l January 2024 3.479,493 3,758.189 Fund balances at 31 December 2Q4 3.239.047 3,479.493 The ststement of financial actkntles Includes all gains and 1955es recognosed In year. All Income and expenditurE derlve from contlnuin8 activitie5.
THE MARGARET ROBERTSON CHARITABLE TRUST BAL4NCE SHE ASAT31 DECEMBER 2024 2024 2023 14otes F6xed assets Investments 14 3.165.050 3,458,743 Curretyt455ets Cash at bank and in hand 80,454 30,7CXI Creditors.. amounts lalllni due withSn one year 16 16.4571 19,9501 Nèt currènt assets 73.997 20.750 Total asset5 less current IlalAlltles 3.239.047 3,479.493 The fvnds of thE lryst Unrestricted funds 17 3,239.047 3,479,493 3,239.047 3.479.493 The flnanclol siatements We apwoved by thetrustees on Z.Z Mr M P Robinson Trust••
THE MARGARET ROBERTSON CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Accountln8 Olcles Ch•rlty Inforni•tfon The Mar8arei Robertson Charitsblè Trust is an unincorpjrated trust ioNrned trust deed dated 8 Ocrober 2020 and registered In EnBland & Wales. The principal address Is Hodge Halsall SolKff(ors. 18 Hoghton StreeL Southport, PR9 OPA. 1.1 A¢countln8 cowentlon The firnclal statements have been yepad In accordance wlth ihe irust's deed. the Chartties Art 2011. FRS 102 "The FIDanclal Reportlng Standard apICable in the UK and Republlc of Iland- l-FR5 102.1 and the CharitlÈs SOFIP "Accountlng and Reportlng by CharStles.' Ststernent of Recommended Praclre applitable to charitles preparine thelr accounts In accordance Eh the Flnanclal ReFy)rttng standard appllcable in the UK and Republic of Ireland IFRS 1021. (effective l January 20191. The Iru51 is a Public Oenefit Entity as defined by FRS 102. The flnandal statements have departed Irom the Charttles IAccoun15 and Reportsl Regulations 2008 only to the extent iequired to provlde 4 true and fair VEW. Thi5 departu has followlng the Statement ol Recomrnended Practite for tharities applying FRS 102 rather than the version ol the Statement of Recommended PlattP whlch is relerred ro In the Regulatlons twJt whlch has slrKe en withdrdwn. The linan¢lal statemeNs are epad In rtÈTlin& whkh Is the lunciional currerKy ol the trust. Monetary arnounts In these flnanckl ststernents are rounded tothe nearest E. The flnanclal strtements have been wepared under the himorical com corNentlon. The prlnclpal accountlll8 pollcies adopted are Set out below. 1.2 Golnt c¢nom At the tlme ol approvlng ihe Ilnanclal statements. Ihe trustees have a reax)nable expectstion thol the trust has adequate re50ufcE5 to continue in opewational exi5terKe for the foreseeab luture. Thus the twstee5 CQThtinue to adopt the 8olng concern basis of accountin8 in preparing the finJnaal statements. 1.3 Charltable fund5 Un$tritted funds are a¥a1hb for use at the di5tretion of the trustees In fvrthernnce of thelrcharftable objettives. Restritted funds a suble£i to specmlc conditSons by dorr$ or 8rantrJrs as to how they may be used. The purposes and uses of the restrKted furHSs are Set out in the note5 to the flnanclal ststernent5. Endowment funds are subpctto specfft conditlons by donor5 thai the capilalmu5t be rnaintsined by the trust. 1.4 Income Income 15 recogn15ed when the trust 15 legally entd to tt 3fter any perfDrrn8nee eotsditions have been nt, the amount5 Can be measured rellabty. and 6t Is probable that Income wlll be reEd. Cash donation5 are recognised on receipt. Other donatKJn5 are reco8nised once the trust has been notif6 of the donatlon, unless performarKe COndlOn$ reoulre deferral of the amounr. ItKome tsx recoverable In retIOn to donatlon5 reCed under Gift Ald OF deed5 of covenant is recogni5ed at the time of the donation. Le8acies a recognised on recelpt or othewwse rf the trust has been notified of an imFendin8 distributKJn, the amount 15 known. and relp1 Is expected. If the arTh)unt 15 not known. the legary is treated a5 • contin6ent asseL
THE MARGARET ROBERTSON CHARITABLE TRUST NOTES TO THE FII4ANCIAL STATEMENTS {CONTINUEO) FOR THE YEAR EAIDED 31 DECEMBER 2024 A¢countSn¥ polldes Icontlnuedl 1.5 Expendllure Expenditure is recognised once there is a legal or cOnstructe obl4%atv)n to transfer e¢0m benefit to 4 third party. i( is probats that a transfer ol etonom¢c benefits will be requiTed in Settrnent, and the amount of the obligatk)n can be rnea5ud reliably. Expenditure Is cLisslfd by artNrty. The costs of each attAfity are rnade up of the totsl of dI(t eosts and shared costs, Including support costs Involved in undertaking each acfivity. Di¥ett costs attributable to a single act(vlty are allo¢¥ted dlrectly to that 8ctfvlty. Shared costs whKh contribute to more than one actniity and support costs which are net attributable to a single atIlY are appOrtThed between those atthfit5 on a basis consistent w)th the use of ie50urce5. Central staff t05ts are albcated on tIE basls of time spent. and t1epre0aTr charges are allotated on the ptsrtn of the asset's Use. 1,6 Flxed asset Invements Ferf a55et Inwe5tmeThts are inr(lally measured at transactlon prr¢e excluding transaction costs. ano are subsequently mea$ured at fair value ar each reportin8 date. ChanS in falr lut are recognlsed net incorrflexpenditurel for the year. Transactlon costs a tpenSed as incurred. 1.7 Cash and cash eqtsl¥alents Cash and tash qulvalents Include cash in hand. deF#)sits held ai call wlth banks. Other short-tem) IUld In¥estrnents th origi1 maturities of thfee months or less. and bank ovewdrnfts. Bank overdrafts are shown wlthin borrowin8s In current Ilabllltles. Basic linanclal assets. whkh indude debtors and cash and bank balance5, are InltSally rneasurod at transactk>n price in¢ludtn8 transaction costs and are subsequentty carried at amtsrti5ed cost U51ng the effectNe interest method unless the arrnngement cowtitute5 0 financlTh8 transaction. Whe the transaction is mÈasuret1 at the present value of the fvtUTe receipts discounied at a market Trte of interest. Financial assets classrfied as Ceable within one year are not amortised. BO¢111•neIOIlIQblIltIeS Basic liThanc¢al Iiabilltles. induding creditors and bank loans are SnitIal re(08ni%ed at transaction prlce unless the arrangement constitutes a financinB traIaction. where the debt instrument measured at the psent value of the future payments discounted at a market rate of interest. Flnancial liabilit5 classrfied as payable within one year are not amort15ed. Debt Instruments a subsequently carthed at amortlsed c05t. using the effettrye intsrest rnte nthod. Trade {ditOrS are obllgations to pty for good5 or seTrices th have been acqued In the ordinary course of operatlons Irorn supplIe. Amounts payoble are Classild as current liabilities if payment is dve within Of year or less. If not, they are presented as nOn4current 15abfjlltl. Trnde Creditors are wo£nised initially at transaction price aftd 5ubsequentlv measured at amortwed cost using the effettNe interest method. Derecognltlon ofAlnun(lollloNII Flnar&ial IlabilY(ies are derecoBnlsed when the trusys contractual obllBatbns explfe orare dlscharged or cancelled. 1,8 Trxatlon The charity benefits from varlws eMPtIOnS from taxation affordèd by tsk legislation and Is not Ikble to corpoTrtlon tax on income or galns fallin8 within those exemptbns.
THE MARGARET ROBERTSON CHARITABLE TRUST NOTE5 TO THE FINANCIAL STATEMENTS (coNfiNUED} FOR THE YEAR ENDED 31 DECEMBER 2024 Crttlcal a¢countlng e#lmates and ludymonts In the applicatlon ol the trust's a¢countlnK pollcs. the trustees a wwred to matr£ jud&ernents. estimate5 and assumptlons about the carryill¥ bmEMJnt of a55et5 and liabilitie5 that are not readily apporent from Other sources. The estlmates and a0cM?ted assumption5 are based on historical experience and other factors that are consldered to be relevant. Actual results may drffer frorn these e5timate5_ The estlmates and undertying assumptions are revlewed on an ongoing basis. RÈTr&iSll) to accwnfjne estlmates are reco8n15ed in the perlod in which the estIrna is revised where the re¥6slon affeas only that perkxl. or in the perfod of the revision and future perlods Whe the $10 affett5 both curient and f4rture perfod5. No critical accwntlng e5tlmates orludgernents have applied In the preparaikn of these financlal statement5. Ineome from daon$ and ley¢lt5 Unre5trkted fund5 2024 Unrestrlrtpd funds 2023 Donatn$ and 8fft5 15.987 Investments 2024 202Y Income from Ilsted In¥estrnents 137,584 142.138 Ralslng fvnds 2024 2023 Investment rnanagernent 56,198 48,347 56.198 48,347 10-
THE MARGARET ROBERTSON CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMEpifs ICONllNUED) FOR THE YEAR ENDED 310ECEMBER 2024 tharltable actlvltles 2024 2023 Grant funding of acrivi1s (see note 71 Share of governance costs (see note 81 318,445 3,307 423.850 3.150 321.752 427,IMJO Grants p•yable 2024 2021 Grants to in5titutKns: Other 318.445 423A50 SuPrt costs allooted to artl¥tttes 2024 2023 Governance costs 3.307 3,150 Analy5ed between.. Charitable activities 3.307 3,150 Net movement In fvnds 2024 2023 The net Mrnent In funds is stated aftei Ch3wn8llcdltlnel.' FEes payabje for the Independent exarnination ol the charlvs financial ststernents 3,307 3.150 io Th15tees None of the trustees lorany persons connetted wlth them) reeèi¥td any remuneratlon or benenrs from the trust durinÉ the year. Employees The tharity had no empkjyees during the current L)r piior year.
THE MARGARFf ROBERTSON CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMEKfs (CONnNUED) FOR THE YEAR ENDED 31 DECEMBER 2024 12 N*t 8olnslllossesl on Inve#m¢r¢s 2024 2023 RevaluatloD of Investmerbis Galnlllossl on sale ol In¥e5tments 26,293 126.3791 27,615 10,911 1801 38.526 13 Taxatlon The charlty15 e¥empt frorn tsx on Incurne 8•in5 fallin8 thin seCt)n 505 of the Taxes Act 1988 or sectknn 252 of the Taxatlon of Chargeable Gain5Act 1992 to the extent thai these are applied to its charitable objects. 14 FSMed a55et lThve51rnents 115tedCash In pwttollo In¥ertments Total COM orvalu•tlon At I January 2024 Addltlons Valuation changes Net veMent in tash Dlsposals 3,524521 1,550,877 25,726 169.7781 3,458,743 1.550,877 25,726 131,282 12,001,578> 13L282 12.CQl,5781 At 31 December 2024 3.103546 61.504 3.165,050 Carrylng amount At 3L December 2024 3.103,546 61.504 3,165.050 At 31 Decernber 2023 3,52&521 169,7781 3,458.743 15 Flnancl¥ Instrnments 2024 2023 Carrylng •mouni ofllnaM•l èsstts Debt Instruments MeasUd ai amortlsed cost Equity instruments rnea5ured at cost les5 Imp3irfflent 80,454 3.165.050 30,700 3,458,743 Carryln8 amwni ol flnandal IlabltIeS Me35ured it amortlsed Cost 6.457 9.950 12-
THE MARGAR ROBERTSON CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 16 credtt0: amountslalltn8 du¢ wlthln +)n• y••r 2024 2023 Accruals and deferd Income 6.457 9,950 17 Unrestrlctfllftds The unrestricterf funds of the ch1¢Ye0mpr1Se the unexpended baLances of donations and grants whb are not subject to specific £onditiOfiS by donors and granrors a5 to howihey rnay be used. These include designated funds whkh have been Set aslde outol unlestrled funds bythe trustees f0r5petrf purpose5. At I lanuary 21)24 Incomlfi8 ResOue$G31r&3nd lomes 31 December expended 2024 General funds 3,479,493 137.584 1377.9501 3.239.047 Pr•vious •r At l Jantsary 2023 In¢omln8 rtsourre5 R•sour¢esG•iTrs and l¢)sstS At 31 December expended 2013 General funds 3.758,189 158.12S 1475,3471 38,526 3,479,493 Related p•rty ¢r4nS•rtions In the ar there were ¢Jonations [eNed from Mar8èret Robert50n's Estste £nil12023.. £15.9871. Yhe Execuwys of the Estate have overlap with the Trustee's forlhe Margaret Robertson ChafitsbleTrust. 13