Docusign Envelope ID: B2B05E7F-E103-4186-86E5-69E42ECF3AD8
Charity number: 278238
THE BATHGATE CHARITABLE TRUST
UNAUDITED
TRUSTEES' REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
Docusign Envelope ID: B2B05E7F-E103-4186-86E5-69E42ECF3AD8
THE BATHGATE CHARITABLE TRUST
CONTENTS
| Page | |
|---|---|
| Reference and Administrative Details of the Charity, its Trustees and Advisers | 1 |
| Trustees' Report | 2 - 3 |
| Trustees' Responsibilities Statement | 4 |
| Independent Examiner's Report | 5 |
| Statement of Financial Activities | 6 |
| Balance Sheet | 7 |
| Notes to the Financial Statements | 8 - 15 |
Docusign Envelope ID: B2B05E7F-E103-4186-86E5-69E42ECF3AD8
THE BATHGATE CHARITABLE TRUST
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 30 SEPTEMBER 2025
| Trustees | Commodore R H Walker, Trustee |
|---|---|
| Mrs B A Walker, Trustee (deceased 10 February 2025) | |
| Mr S Bennett ACMA, Trustee | |
| Charity registered number 278238 Principal office Arclid Quarry, Congleton Road Arclid Sandbach Cheshire CW11 4SN Accountants Langtons Professional Services Limited Chartered Accountants 11th Floor, The Plaza 100 Old Hall Street Liverpool L3 9QJ Bankers HSBC Bank plc 99-101 Lord Street Liverpool Merseyside L2 6PG |
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Docusign Envelope ID: B2B05E7F-E103-4186-86E5-69E42ECF3AD8
THE BATHGATE CHARITABLE TRUST
TRUSTEES' REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2025
The Trustees present their annual report together with the financial statements of the Charity for the 1 October 2024 to 30 September 2025.
Objectives and activities
a. Policies and objectives
The principle objective of The Bathgate Charitable Trust is the support of other charities.
In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.
b. Activities undertaken to achieve objectives
The charity achieves its objectives through the receipt of donations and the subsequent distribution of its funds to charities, the majority of which are located in Merseyside and Cheshire.
c. Main activities undertaken to further the Charity's purposes for the public benefit
All applications for donations are reviewed by the Trustees and provided that the application meets the criteria set out by the Trustees and funds are available a donation will be made.
Grants made in the year were donated to charities principally based in Merseyside and Cheshire.
Achievements and performance
a. Main achievements of the Charity
The funds raised by The Bathgate Charitable Trust in the financial year were donated to charities principally based in Merseyside and Cheshire. Donations were made to 32 charities during the year; the donations ranged from £500 to £50,000 per charity.
b. Key performance indicators
The Charity generated incoming funds of £230,000 (2024: £235,000) during the year.
c. Investment policy and performance
Except for the restrictions imposed by the ethical policy the charity places no further restrictions on the amount or type of investments made by the charity and adheres to all relevant legislation.
Financial review
a. Going concern
After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.
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THE BATHGATE CHARITABLE TRUST
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025
Structure, governance and management
a. Constitution
The Bathgate Charitable Trust is a registered charity, number 278238, and is constituted under a Trust deed dated 1 June 1979.
The Trustees named on page 1 acted throughout the year and received no remuneration or expenses during the year.
b. Methods of appointment or election of Trustees
The management of the Charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Trust deed.
Plans for future periods
The Trustees intend to continue their policy of supporting charities in Merseyside and Cheshire.
Approved by order of the members of the board of Trustees on 13 April 2026 and signed on their behalf by:
Mr S Bennett ACMA
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THE BATHGATE CHARITABLE TRUST
STATEMENT OF TRUSTEES' RESPONSIBILITIES FOR THE YEAR ENDED 30 SEPTEMBER 2025
The Trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for each financial which give a true and fair view of the state of affairs of the Charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:
-
select suitable accounting policies and then apply them consistently;
-
observe the methods and principles of the Charities SORP (FRS 102);
-
make judgments and accounting estimates that are reasonable and prudent;
-
state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the Trust deed. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
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Docusign Envelope ID: B2B05E7F-E103-4186-86E5-69E42ECF3AD8
THE BATHGATE CHARITABLE TRUST
INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2025
Independent Examiner's Report to the Trustees of The Bathgate Charitable Trust ('the Charity')
I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 30 September 2025.
Responsibilities and Basis of Report
As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').
I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent Examiner's Statement
Your attention is drawn to the fact that the Charity has prepared the accounts in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn.
I understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
This report is made solely to the Charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Charity's Trustees those matters I am required to state to them in an Independent Examiner's Report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity's Trustees as a body, for my work or for this report.
Signed: Dated: 13 April 2026 Andrew McCall FCA
Langtons Professional Services Limited Chartered Accountants 11th Floor, The Plaza 100 Old Hall Street Liverpool L3 9QJ
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THE BATHGATE CHARITABLE TRUST
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 SEPTEMBER 2025
| Note Income and endowments from: Donations and legacies 3 Total income and endowments Expenditure on: Charitable activities 5 Total expenditure Net movement in funds Reconciliation of funds: Total funds brought forward Net movement in funds Total funds carried forward |
Endowment funds 2025 £ - - - - - 3,000 - 3,000 |
Unrestricted funds 2025 £ 230,000 230,000 236,901 236,901 (6,901) 19,254 (6,901) 12,353 |
Total funds 2025 £ 230,000 230,000 236,901 236,901 (6,901) 22,254 (6,901) 15,353 |
Total funds 2024 £ 235,000 |
|---|---|---|---|---|
| 235,000 | ||||
| 232,251 | ||||
| 232,251 | ||||
| 2,749 | ||||
| 19,505 2,749 |
||||
| 22,254 |
The Statement of Financial Activities includes all gains and losses recognised in the year.
The notes on pages 8 to 15 form part of these financial statements.
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THE BATHGATE CHARITABLE TRUST
BALANCE SHEET AS AT 30 SEPTEMBER 2025
| Note Fixed assets Investments 9 Current assets Cash at bank and in hand Net current assets Total assets less current liabilities Net assets excluding pension asset Total net assets Charity funds Endowment funds 11 Restricted funds 11 Unrestricted funds 11 Total funds |
12,453 12,453 |
2025 £ 2,900 2,900 12,453 15,353 15,353 15,353 3,000 - 12,353 15,353 |
19,354 19,354 |
2024 £ 2,900 |
|---|---|---|---|---|
| 2,900 19,354 |
||||
| 22,254 | ||||
| 22,254 | ||||
| 22,254 3,000 - 19,254 |
||||
| 22,254 |
The financial statements were approved and authorised for issue by the Trustees on 13 April 2026 and signed on their behalf by:
Mr S Bennett ACMA
The notes on pages 8 to 15 form part of these financial statements.
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Docusign Envelope ID: B2B05E7F-E103-4186-86E5-69E42ECF3AD8
THE BATHGATE CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025
1. General information
The entity is a charity registered in England and Wales within the United Kingdom. The registered office is Arclid Quarry, Congleton Road, Sandbach, Cheshire CW11 4SN and the charity number is 278238.
2. Accounting policies
2.1 Basis of preparation of financial statements
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
The financial statements have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair' view. This departure has involved following the Charities SORP (FRS 102) published in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.
The Bathgate Charitable Trust meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.
2.2 Going concern
The charity has cash resources and has no requirement for external funding. The Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. They continue to believe the going concern basis of accounting appropriate in preparing the annual financial statements.
2.3 Income
All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
2.4 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.
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Docusign Envelope ID: B2B05E7F-E103-4186-86E5-69E42ECF3AD8
THE BATHGATE CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025
2. Accounting policies (continued)
2.4 Expenditure (continued)
Grants payable are charged in the year when the offer is made except in those cases where the offer is conditional, such grants being recognised as expenditure when the conditions attaching are fulfilled. Grants offered subject to conditions which have not been met at the year end are noted as a commitment, but not accrued as expenditure.
All expenditure is inclusive of irrecoverable VAT.
2.5 Investments
Fixed asset investments are a form of financial instrument and are initially recognised at their transaction cost and subsequently measured at fair value at the Balance Sheet date, unless the value cannot be measured reliably in which case it is measured at cost less impairment. Investment gains and losses, whether realised or unrealised, are combined and presented as ‘Gains/(Losses) on investments’ in the Statement of Financial Activities.
2.6 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 three months or less from the date of acquisition or opening of the deposit or similar account.
2.7 Financial instruments
The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
2.8 Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.
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THE BATHGATE CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025
3. Income from donations and legacies
| Unrestricted funds 2025 £ Donations 230,000 Unrestricted funds 2024 £ Donations 235,000 4. Analysis of grants Grants to Institutions 2025 £ Grants, Voluntary income 236,688 Grants to Institutions 2024 £ Grants, Voluntary income 232,000 5. Analysis of expenditure on charitable activities Summary by fund type Unrestricted funds 2025 £ Voluntary income 236,901 |
Total funds 2025 £ 230,000 |
|---|---|
| Total funds 2024 £ 235,000 |
|
| Total funds 2025 £ 236,688 |
|
| Total funds 2024 £ 232,000 |
|
| Total 2025 £ 236,901 |
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Docusign Envelope ID: B2B05E7F-E103-4186-86E5-69E42ECF3AD8
THE BATHGATE CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025
5. Analysis of expenditure on charitable activities (continued)
Summary by fund type (continued)
| Unrestricted | ||
|---|---|---|
| funds | Total | |
| 2024 | 2024 | |
| £ | £ | |
| Voluntary income | 232,251 | 232,251 |
6. Analysis of expenditure by activities
| Voluntary income Voluntary income |
Activities undertaken directly 2025 £ 213 Activities undertaken directly 2024 £ 251 |
Grant funding of activities 2025 £ 236,688 Grant funding of activities 2024 £ 232,000 |
Total funds 2025 £ 236,901 |
|---|---|---|---|
| Total funds 2024 £ 232,251 |
7. Independent examiner's remuneration
The independent examiner's remuneration amounts to an independent examiner fee of £ - ( 2024 - £ - ).
8. Trustees' remuneration and expenses
During the year, no Trustees received any remuneration or other benefits (2024 - £NIL) .
During the year ended 30 September 2025, no Trustee expenses have been incurred (2024 - £NIL) .
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Docusign Envelope ID: B2B05E7F-E103-4186-86E5-69E42ECF3AD8
THE BATHGATE CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025
9. Fixed asset investments
| Cost or valuation At 1 October 2024 At 30 September 2025 Net book value At 30 September 2025 At 30 September 2024 All the fixed asset investments are held in the UK. |
Unlisted investments £ 2,900 |
|---|---|
| 2,900 | |
| 2,900 | |
| 2,900 | |
Valuation
The unlisted investment is 100 "A" ordinary shares in Archibald Bathgate Group Limited, a company incorporated in England & Wales, and it was valued by the Trustees at the date of acquisition, 1 June 1979. It has not been updated since.
Material investments
The shareholding in Archibald Bathgate Group Limited represents 100% of the "A" ordinary shares of that company and less than 2% of the assets of that company.
10. Financial instruments
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Financial assets | ||
| Financial assets measured at fair value through income and expenditure | 15,353 | 22,254 |
Financial assets measured at fair value through income and expenditure comprise fixed asset investments and cash at bank.
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Docusign Envelope ID: B2B05E7F-E103-4186-86E5-69E42ECF3AD8
THE BATHGATE CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025
11. Statement of funds
Statement of funds - current year
| Balance at 1 October 2024 £ Unrestricted funds General Funds 1 19,254 Endowment funds Endowment Funds - all funds 3,000 Total of funds 22,254 |
Income £ Expenditure £ 230,000 (236,901) - - 230,000 (236,901) |
Balance at 30 September 2025 £ 12,353 |
|---|---|---|
| 3,000 | ||
| 15,353 |
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Docusign Envelope ID: B2B05E7F-E103-4186-86E5-69E42ECF3AD8
THE BATHGATE CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025
| 11. Statement of funds (continued) Statement of funds - prior year Unrestricted funds General Funds 1 Endowment funds Endowment Funds - all funds 12. Summary of funds Summary of funds - current year General funds Endowment funds Summary of funds - prior year General funds Endowment funds |
Balance at 1 October 2023 £ 16,505 3,000 Balance at 1 October 2024 £ 19,254 3,000 22,254 Balance at 1 October 2023 £ 16,505 3,000 19,505 |
Income £ 235,000 - Income £ 230,000 - 230,000 Income £ 235,000 - 235,000 |
Expenditure £ (232,251) - Expenditure £ (236,901) - (236,901) Expenditure £ (232,251) - (232,251) |
Balance at 30 September 2024 £ 19,254 |
|---|---|---|---|---|
| 3,000 | ||||
| Balance at 30 September 2025 £ 12,353 3,000 |
||||
| 15,353 | ||||
| Balance at 30 September 2024 £ 19,254 3,000 |
||||
| 22,254 |
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Docusign Envelope ID: B2B05E7F-E103-4186-86E5-69E42ECF3AD8
THE BATHGATE CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025
13. Analysis of net assets between funds
Analysis of net assets between funds - current year
| Fixed asset investments Current assets Total Analysis of net assets between funds - prior year Fixed asset investments Current assets Total |
Endowment funds 2025 Unrestricted funds 2025 £ £ 2,900 - 100 12,353 3,000 12,353 Endowment funds 2024 Unrestricted funds 2024 £ £ 2,900 - 100 19,254 3,000 19,254 |
Total funds 2025 £ 2,900 12,453 |
|---|---|---|
| 15,353 | ||
| Total funds 2024 £ 2,900 19,354 |
||
| 22,254 |
14. Related party transactions
Commodore R H Walker and Mr S Bennett are directors of Bathgate Walker Group Limited. All of the charity's income is derived from Bathgate Walker Group Limited.
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