CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, Annual Report for the period From 2 July 2023 Period start date To l July 2024 Period end date Charity name: PTARMIGAN TRUST Charity registration number: 274046 Objectives and Activities SORP refèrence Summary of the purposes of the charity as set out in its ovemin doGument Surnmary of the main activities in relation to those purposes for the public benefrt, in particular, the activities, projects or services identified in the accounts. Statement confimiing whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit Para 1.17 GENERAL CHARITABLE PURPOSES Para 1.17 and 1.19 MAKING GRANTS TO INSTITUITIONS Para 1.18 When planning activities for the year, the Trustees have considered the Charity Commission's guidance on public benefit and are satisfied that the Charity's activities met the principles laid out in the uidance Additional infomiation (optional) You ma choose to include further statements where relevant about.. SORP referen¢e Para 1 38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other Achievements and Performance SORP r8f8renc8 Grants totalling £83,000 were made to sixteen charitsble institutions Summary of the main achievements of the charity, identifying the difference the charity's work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. Para 1.20 Additional inforniation (optionall You ma choose to include further statements whère relevant about.. Achievements against objectives set Para 1.41 Performance offundraising activities against objectives set Para 1.41 Investment performance against objectives P4ra 1.41 other Financial Review Review of the charity's financial position at the end of the period Para 1.21 Reserves increased from £79,907 to £87,302 as a result of a substantial donation received shortly before the ear end Reserves are held in cash and only arise from the timing difference between receipt of donations and the approval of rant distributions £87.302 NJA statement explaining the policy for holding reserves stating why they are held Para 1.22 Amount of reserves held Reasons for holding zero reserves Details of fund materially in deficit Explanation of any uncertainties about the charity continuing as a going concem Para 1.22 Para 1.22 Pare 1.24 NIA Para 1.23 NIA Additional inforniation (optionall You ma choose to include further statements where relevant about.. The charity's principal sources of funds (including any fundraising) Para 1.47 Investment policy and objectives including any social investment policy adopted Para 1.46 A description of the principal risks facing the charity Para 1.46 other Structure, Governance and Management Description of charity's trusts.. Type of governing document Para 1.25 Trust Deed dated 31 May 1977 How is the charity constituted? 'Ir.(',"i)orated Para 1.25 Unincorporated Charltable Trust Trustee selection methods including details of any constitutional provisions e.g. election lo post or name of any person or body entitled to appoint one or more trustees Parg 1.25 Appointed by the Settlor during his lifetime and thereafter by serving Trustees Additional inforn￿tIon lopttonal> You ma choose to include further statements where relevant al)out'. Policies and procedures adopted for the induction and training of trustees Para 1.51 The charity's organisational structure and any wider network with which the charity works Para 1.st Relationship with any related parties Psra 1.51 Other Reference and Administrative details Chari name other name the charit uses Re istered charit number Charity's principal address Ptamii an Trust 274046 Shielhill House Linn Road Stanley Perth and Kinross PH14QF Names of the charity trustees who manage the charity Datss acted if not for whole ear Trustsa name Office lif any) Name of person lor body) entitled oint trustee ifan Fran￿S Nicholson Kit Nicholson Francoise Stichelbaut 10 12 13 14 15 16 17 18 19 20 Cor orate trustees- names of the directors at the date the re ortwasa roved DirectDr name Name of trustees holding title to property belonging to the charity Trustee name Dates acte(l if rbot forwhole ear Funds held as custodian trustees on behalf of others Description of Ihe assets held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity's objects Details of arrangements for safe custody and segregation of such assets from the charity's own assets Additional information (optional Names and addresses of advlsers (Optional infomiation) Type of Name Address adviser Name of chief executive or names of senior staff members (Optional information Exemptions from disclosure Reason for non-disclosure of ke rsonnel details Other o tional information Declarations The trustees declare that they have approved the trustees, report above. Slgned on behalf of tho charlty's trustees Slgnature(sl Full name