THE MARTIN MACKtNTOSH CHARITABLE TRUST
REPORTS & FINANCIAL STATEMENTS
S APRIL 2025
RAWSE, VARLEY & CO
Chartcred Accounlants
Bradford

THE MARTIN mAcK￿TOsH CKIRITABLE TRUST
CONTENTS
Page
L¢gal & Administrative Information
Trust¢¢s' Annual Report
Independent Examiner's R¢tK)rt to the T￿StCeS
Accounting Policies
Statemenl of Financial Activities
Balance Sheet
Notes to the Financial Statements
8-10

THE MARTIN MACKINTOSH CHAIUTABLE TRUST
LEGAL & ADMINISTRATIVE INFORMATION
Charlty NAme:
The Martin Mackintosh Charitable TNst
Registered Charity Number..
271411
PrincipAI Address:
2 The Gardens
Park Sireet Mews
Bath
BAI 2BY
Trustees:
Nigel Martin Ma¢kintosh Esq
Mrs G¢orgina Elizabeth Mackintosh
Date of Cbarity Trust Deed:
25 March 1976
Bankers:
Barclays Bank pl¢
25 James Streel
Harrogate
HGI IQX
Stockbrokers:
Brewin Dolphin Ltd
Woodstock Court
Blenheim Road
Marlborough
Wiltshire
SN8 4AN

THE MARTIIY MACKINTOSH CHARITABLE TRUST
TRUSTEES, ANNUAL REPORT
For the year ended 5 April 2025
The Trustees present their Annual ReFKTrrt and the unaudited Financial Statements of the Charitable
Trust for the year ended 5 April 2025.
Constilutlo
The Trust was established by a Charitable Trust Deed dated 25 March 1976 and is administered by its
Trust¢es.
The current Trustees, all of whom served throughout the year. are shown on page I together with other
administrative infortnation. In accordance with the Charitable Trust Deed, the power of appoinliDg or
removing a Trnstee lies with a ntsjority for the time being of the Trustees.
The Martin Mackintosh Charitable Trust is a r¢gistered Charity. number 271411.
Charitablc objeetives and publit benefit
Under the provisions of the Charitable Trusi Deed, the Tn￿te£S are dir¢¢led that the in¢orne and capital
of ihe Trust are to be applied to make donations for such charitablc purposes or io such charitable
institutions as the Trusle¢s in their absolute di￿retIOn may think fjt. The Trustees confimi thal ill
rying out such directions ihey give due consideration to the Charity Commission's published
guidance on the Public Benefit requirement under the Charities Act 2011.
Review of a¢¢iviti¢$
The Stal¢mcnt of Financial Activities for the year is detailed on pagc 6 of the financial slatements.
The major chan8¢ to report is the Teceipt of the legacies of £25,000 each from the estates of Martin
Mackintosh deceased and of Mrs Felicily Ann Mackintosh deceased.
Investment income for the year of £3.809 has only slightly increased by £341 iyj comparison with the
previous year as the investmenl of the legacy fund monies r¢¢eived was only effected late iiL the
financial year. The full impact of the increase in investment funds will hopefully be ID the next y¢ar to 5
April 2026. With an anticipated increase in available funds for distribution, it is the Truste¢s' inlention
to increase the level of grants mad¢ in future years. Finally* there was a modest increase in
administration expenses of £905.
The Trustccs exercised their power of inv¢$trnent to Contin￿ the restructuring of thcir invcstment
portfolio with the disposal of investments having an opening bwk value of £25.063 and a gain on
dispos&l amounting to £431. The proceeds realised on sale of £25.494 together wilh the legacy funds
received were applied in the purchase of investments at a book eost of £75,165.
Plans for the future and reserves policy
The Tru5tecs intcnd to continue to make grants to charitable institutions at a sustainable level and have a
policy of maintaining reserves at a level sufficient for the purFrf￿.

THE MARTIN MACKINTOSH CHARrtABLE TRUST
TRUSTEES, ANNUAL REPORT
For the year ended 5 April 2025
Statement of Trustee$, r¢sponsibilities
The TNstee8 are responsible for preparing the Trustees. Report and the financial statctILClliS in
accordance with the Charitable Trust DeeQ the Charities Act 2011 and the Clwitics SORP (FRS 102).
The financial statements have been prepared on the accruals basis and where thc accrnals basis is u
the law applicable to charitlC5 in England & Wal¢s requircs Trustees to prepare financial slatements for
each financial year which give a true and fair view of the state of affairs of the charity and of its income
and expenditure for that year. Jn preparing such financial statements, the Trustees are required to:
select suitable accounting policies & apply them consistently,.
observe the methods and principles in Ihc Charities SORP (FRS 102)"
make judgements & estsmatcs that are reasonable & prndenl; and
prep8rc the financial statements on the going concern basis unless it is inappropriate to
presume thai the charity will conttnue in operation.
The Trustees arc r¢S￿n8]b]e for keeping proper accounting rwords which disclose with reasonable
accuracy at any lime the financial ￿sItIon of the charity and to enable them to ¢nsure that the financial
statements comply with the Charities Act 2011, the Charities SORP (FRS 102) and the provisions of the
Trust Deed. They also responsible for safeguarding the asscis of the charity and hence for tsking
reasonable steps for the prevcntion & detection of fraud & other irregularities.
The Trustees, Annual Rq)ort wa5 approved by the Trustees and signed on their behalf by
N M Mackintosh Esq (Chairman of TNstees)
13th May 2026

THE MARTIIY MACKINTOSH CHARITABLE TRUST
INDEPENDEN[ EXAMINER'S REPORT
to the Trustees of The Martin Mackintosh Charitable Trust
I report on the financial statements of The Hartlcy Charitable Trust for the year ended 5 April 2025
which comprise the Statement of Financial Activities, the Balance Sheet and the related notes on page5 8
io 10.
Respective responsibilities of the Trn8tees and the Examiner
The Charity's Trnstees are responsible for the preparation of the Financi31 Statements ill accordallce with
the Charities Act 2011 {'*he Act"). The Charity's Trustees consider tliat an audit is Thot required for this
year under Seclion 144(2) of the Act and that an independ￿t ex2mination is needed.
It is my responsibility to:
examine the financial statements under SKtion 145 of the Act.
follow the procedures laid down in the applicablc Directions given by thc Charity Con)mission
under Section 145{5)(b) of the A¢t,' and
statc whether particular matters have come to my at¢enlion.
Basis of Imdependent Examiner'$ Statemen¢
My &xamination was carrled out in accordance with general directions given by the ChaTitics
Commission. An ¢xamination incIL￿¢S a r￿jeW of th¢ accounting rccords kepl by Ihe charity and a
mparison of the a¢counts presented wilh those records. It also includes consideration of any unusual
items or dksclosures in the financial statements and seeking explanalions from the Trustecs concerning
any such matters. The procedures undertaken do not provide all thc evidence that would be requlred in an
audit and consequently no opinion is given as to whether the ftnancial statements p￿sent a 'true and fair
view. and Éhe ￿pOrt is limited to those matters set out in the stsl¢m¢nt below.
Independent Examin¢r'5 Statement
tn connection with my examination, no matter has cojne to my attention to indicate that:
accoullting records have not been kept in accordance with Section 130 of the Act.
th¢ financial statements do not ac¢ord with those records,.
the fman¢ial statements fail to comply with the Charities SORP (FRS 102}.
in my opinion the matter should be drawn to the attention of the reader to gain a proper
understanding of the financial statements.
P. M. Varley F.C.A.
Rawse. Varley & Co
ChartCTed Accountants
Lloyds Bank Chambers
Hustlergate
Bradford BDI IUQ
13th May 2026

THE MARTIN MACKINTOSH CHARITABLE TRUST
ACCOUNTING POLICIES
The Trustees have adopted the following principal accounting policies which form all integral part of the
financial statements:
Basis of preparation
The financial slalements have been prepared under the historical cost convelllion, as modifled by the
revaluation of iThveslmellts at market value al the balance shect date.
The fjngneial statements have been prepared in accordance with the provisions of Statement of
Recommended Practice.. Accounting and Reporting by Charities preparing their accounts in accordance
with the Financial Reporting Stsndard applicablc in the UK and the Republic of Ireland (FRS 102)
(second edition - October 2019) ( Charili¢s SORP (FRS 102)") and with Financial Reporting Standard
102 "The Financial Reportino Standard applicabl¢ in the UK and Republic of Ireland" (FRS 102).
The Chatity constitutes a public benefit entily as defined by FRS 102.
Fund accounting
Unrestricted funds are available for use at the discretion of the Trustees in fiwiherance of the general
objectives of the Charity.
IDcoDie recognition
All income, including investment income. is Included in the statement of financial a¢tivities when the
charity is entitled to the income, th¢ receipt of the income is considered probable and tbe amounl can be
quantified with reasonable accur4¢y.
For Icgacies, entitlen￿t is taken as the earlier of the date on which the estste is finalised or when a
distribution is received from the e5tste.
Exptndlture
Expenditure is r¢cognised by the charity on the accruals basis inclusive of any VAT which cannot be
recovered or when tlw¢ is a legal and constructive obligation to M third party and the amount of the
liability can be measllred reliably. Charitable expenditUTe repr¢sents costs incurred in the delivery of
charitable activities.
Fixed asset investments
Investm¢nts are staled at fair valu¢. In the case of investments traded on a recognised stock excllangc.
fair value is deterniined by reference to quoted bid prices.
Challges in the valualion of investments are reflected in the movement in funds in th¢ statement of
financial activities.

THE MARTIN MACKINTOSH CHARITABLE TRUST
STATEMENT OF FINANCIAL ACTIVITIES
Year ended 5th April, 2025
Unrestricted fwids
Ineome
General
FuDd
Fund
Total
2025
Total
2024
Note
Income:
tKgacies received
tnvestment income
50.000
3,809
3.809
3,468
Transfer-
Reinvestment of Unit Trust a￿UmUlatIonS
45
45
3.764
50,045
53,809
3,468
Expenditure:
Cht7n¢¢¥ble eywnditure."
Grants to institutions
{2,468)
(2,468)
(2,463)
Smpport costs..
Administration expenses
{2.41)0)
(2,400)
(1,500)
Total expenditure
2.468)
4,868
(3,963
Income less expenditur¢
,296
47,645
48.941
(495)
Oth¢r recognfsed galns and los$e$
Realised gains on inveslment assct sales
Unr¢alised (losses)/gains on investment assets
431
(10,612)
431
(10.612)
1,147
1,496
Net movement in fuDd
1.296
37.464
38.760
2.148
Funds brought forward at 6 April 2024
4.926
114,653
119.579
117431
Funds ¢*Tried forFvard at 5 April 2025
6,222
152,117
158,339
119.579
All the components of net moven]ent funds relate to continuitig activities.
The notes on pages 8 to 10 forn) part of these financial stalements.

THE MARTIN MACKINTOSH CHARITABLE TRUST
BALANCE SHEET
5 April 2025
Nole
2025
2024
Fixed assets
Investments
151.825
112J35
Current assets
Cash at bank
7.414
Current liabilities
Creditors falling within onc ycar
900
600)
Net curreJJt asyts
6.514
49,154
Totsl assets less current liabilities
158.339
161,489
Repre5ettted by
Unrestricted funds:
General fund
Income ￿lld
152,117
6,222
2,495,419
23,498
158 339
2518917
The financial statements on pages 5 to 10 were approvcd by the Trustees on 13 May 2026 and signed by
N. M. MACKINTOSH ESQ
.&li.1l/l F - t6L .
MRS G. E. MACKINTOSH
T￿Ste¢S
The notes on pages 8 10 10 fonn part of these fmancial statements.

THE MARTIN MACKINTOSH CHARITABLE TRUST
NOTES TO THE FII¥ANCIAL STATEMENTS
Year ended S April 2025
2025
2024
LegAcies Income
Estate of Felicity Am) Mackintosh deceased
Estate of Martin Mackintosh d¢c¢as¢d
25.000
25,000
50,000
2 Investment income
Dividends received from Stocks & Shares of U.K. Companies
Distribulions received from Unil TTh￿t Holdings
Distributions Teceived from Overseas Unit Tnist Holdings
Dividends rec¢iv¢d from Overseas Securilies
Distributions received from Corporate Bonds
Interest received from British Government Securilies
236
2.828
196
17
245
183
352
2.813
123
91
3,705
3,379
Inierest received on deposits with:
Brewin Dolphin Ltd
104
89
Total invcstmcnt income
3,809
3.468
3 Grnnts to cbaritable institutions
The Art Fund
The Bath Choir Society (City of Bath)
The Batli Prescrvation Trust Ltd
Bl(xMJ Cancer U.K.
C.P.R.E. (North Yorkshire Branch)
C.R.Y.- Cardia¢ Risk in the Young
Concern Worldwide
Forest of Avoll Trust
Friends of St. Stephen's Church
Genesis Trust (Batb)
Home for G(K)d
Millimetres to Mountains
Prostale Cancer U.K.
Royal United Hospithl (Bath) Charitable Trust
St. Pet¢r's Church. Harrogate
Tommy's
War Memorials Tru8t
79
75
63
50
50
5(M)
89
65
2(K>
50
50
300
250
5(K)
500
500
210
500
300
2.468
2.463

THE MARTIN MACKINTOSH CHARTTABLE TRUST
NOTES TO THE FINANCIAL STATEhlLNTS
Year ended 5 April 2025
2025
2024
AdminisrtratlOD expeDses
Independent examin&s remunerdlion..
Examination fe¢
Other accountancy fees
180
720
600
900
600
Portfolio managcmcnl fees
1.500
900
Total administration expenses
1,500
Transactions with trustees and otber related parties
No r¢muneration or other benefits were paid to the Trustees and no Trusl¢¢s' expenses wer¢ incutT¢d
cither year.
5 Flxed asset investments
Quoted investments:
Market value at 6 April 2024
112,335
108,063
Less:
Disposals at opening book valuc lTrroceeds £25,494, Gain £431)
25.063
24.210
87.272
83.853
Add..
AcquisitlDns at cost
Net gaiThl(loss) on revaluation at 5 April 2025
75,165
10.612
26.986
1,496
Market value at 5 ApIil 2025
151,825
112.335
Historical cost at 5 April 2025
165 111
114,790
Credilors
Amounts falling du¢ within one year.
Accruals
900
600

io
THE MARTIN MACKINTOSH CHARI'I'ABLE TRUST
IYOTES TO THE FINANCL4L STATEMENTS
Year ended 5 April 2025
Unrestricted funds
IDcome
Gener¥1
Total
funds
7 ADaly$is of net assets between fund$
Fund balances at 5 April 2025
are represented by..
Investments
Current assets
Current liabilities
151.825
,192
900
151.825
7,414
900
6,222
Total fiet assets
152 117
158 339
Net r¢alised108ses included above..
On investment assets
13,286
13,286
Rcconcilialion of movcmcnt in unrcalised gains al￿ losses
on investment assets:
Net unrealised gaiy)s at 5 April 2024
In respect of disposals in the year
(2,455)
219
(2.455)
219
(2,674)
(2,674)
Net gwarising on revaluation in year
Net unrealised losses at 5 April 2025
13 286)
13286