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||||~pa e|
|---|---|---|---|
|Report ofthe Trustees||||
|Certification<br>and Statement ofthe||Responsibilities||
|||ofthe Trustees||
|Independent<br>Examiner's|Report|||
|Balance Sheet||||
|Statement ofFinancial|Activities|||
|Schedule ofInvestments|and Income Received|||
|Grants||||
|Accounting<br>Policies and|Notes|||





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||||||2021||2020|
|---|---|---|---|---|---|---|---|
|||||f|E|E|E|
|Quoted Investments||||||||
||Market Value||||1,647,615||1,278,874|
||At J M Finn||1,567,846|||1,194,817||
||At BlackRock||79,769|||84,057||
|Current Assets||||||||
||Stockbroker's|Balance||4,143||3,842||
||Bank Deposit|Account||27,622||29,122||
|||||31,765||32,964||
|Sundry Creditors and Accruals||||4,200||4,200||
|Net Current|Assets||||27,565||28,764|
|Total Assets|less Liabilities||||1,675,180||1,307,638|
|Represented|by:|||||||
|Restricted<br>Funds|||||1,640,843||1,272,011|
|Unrestricted|Funds||||34,337||35,627|
||||||1,675,180||1,307,638|





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|||Book|Market|Income|
|---|---|---|---|---|
|Quantity<br>14Q30<br>30,848|Name<br>Alliance Trust Ord 25p<br>Artemis<br>Fund Managers<br>Income Ins Inc units|Cost<br>f32,013<br>f101,885|Value<br>f141,304<br>f106,759|Received<br>E2,062<br>E2,906|
|35,000|Augmentum<br>FinTech pic Ord GBP0.01|f50,481|f48,825|EQ|
|Now sold<br>42,453|Capita Financial Managers Woodford income units<br>Charinco Units|F63,731|f79,769|f439<br>E2,972|
|20,330<br>22,180|City ofLondon Trust Ord 25p<br>Dunedin<br>Income Growth Ord 25p|f43,523<br>E22,712|E110,370<br>f69,867|E4,634<br>E2,839|
|8,900|Edinburgh<br>Investment<br>Trust Ord 25p|E35,589|f54,112|E2,443|
|47,141<br>12,500|Invesco Ord 25p<br>Law Debenture<br>Ord 25p|E55,327<br>E29,678|f84,854<br>f93,750|E4,838<br>f3,437|
|41,738|Martin Currie Portfolio Ord 5p|E16,890|f170,708|E1,753|
|18,775<br>12,250<br>7,400|Merchant Trust Ord 25p<br>Murray Income Trust Ord 25p<br>Murray<br>International<br>Trust Ord 25p|662,175<br>f34,965<br>f31,068|E97,255<br>f106,697<br>E87,468|E5,107<br>E4,195<br>E4,033|
|23,700<br>21,000|Scottish American<br>inv ord 25p<br>Scottish Mortgage<br>Inv Trust Ord Sp|f43,421<br>f10,153|E116,367<br>f279,510|F2,856<br>f966|
|||f633,611|f1,647,615|f45,480|





## 

## 

||2020-21|2013-20|
|---|---|---|
|||E|
|JA||f2,000.00|
|Dare A|F2,000.00||
|Tobi A||f500.00|
|Illl8|f0.00|E5,000.00|
|Jy<br>HD|f0.00<br>f2,000.00|f2,750.00<br>f2,000.00|
|IE|f2,000.00|E2,000.00|
|ME<br>NE|f2,000.00|E1,750.00|
|Richard F<br>Rosie F<br>OH|11,500.00<br>f0.00<br>f1,500.00|f2,000.00<br>f1400.00|
|JH|EO.OO|EO.OO|
|AH<br>EK|f2,000.00<br>f2,000.00|F2,000.00<br>f1500.00|
|GK||f1400.00|
|JL|f5,000.00|E4~.00|
|Sllll||EO.OO|
|SPCT|f5,000.00|EO.OO|
|Molly R|f2,000.00|E1,500.00|
|MiRy R|E3,500.00||
|OT|f3,000.00|f0.00|
|Total 18Student Grants (2019-20:18)|f42,000.00|f39,000.00|





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