The
Lorimer Trust
Financial Accounts
For
Year ended 31*t December 2025
_ Registered as a charity number NI102135
The Lorimer Trust
Receipts and Payments Account Year Ended 31%t December 2025
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|---|---|---|---|---|---|---|
|Total|Funds|
|2025|2024|
|£|£|
|Incoming|Resources|
|Investment|Income|62,832|22,470|
|Resources|Expended|
|Charitable|Donations|29,450|35,100|
|Scrutineer’s|Fee|300|300|
|Investment|Management|15,364|14,576|
|45,114|49,976|
|Net|Incoming|Resources|for the Year|17,718|2,494|
|Realised|Gains|on|disposal|of Investment|158,518|112,156|
|Net Income for the Year|176,236|114,650|
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The Lorimer Trust
Balance Sheet as at 31% December 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Fixed Assets | ||
| Equity Investments | ||
| Quoted | 3,684,877 | 3,410,513 |
| Unquoted | 700 | 700 |
| 3,685,577 | 3,411,213 | |
| Current Assets | ||
| Broker Capital Account | 4,509 | 58,421 |
| Broker Income Account | 13,374 | 11,545 |
| Bank Current Account | 30,696 | 4,455 |
| 48,579 | 74,421 | |
| NetAssets | 3,734,156 | 3,485,634 |
Fixed Assets
Current Assets
Funds
Unrestricted Funds
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Capital Funds 575,100 575,100
Revenue Funds 3,159,056 2,910,534
Funds 3,734,156 3,485,634
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Total Funds
Certified to be a true,record of the transactions relating to The Lorimer aSe 31st December 2025. hanwtk Sens ir Desmond Lorimer aa——— S.P.Crowe ers K.A.Feeney
The Lorimer Trust
Notes to the Receipts and Payments Account Year to 315t December 2025
1 Accounting Policies
Basis of Accounting
The Receipts and Payments Account has been prepared in Accordance with the Statement of Recommended Practice. Accounting and Reporting by Charities (Charities SORP).
Income
The only income of the Trust is investment income.
Expenditure
Resources Expended is confined to three items. The first being Charitable Donations to Charities registered in the United Kingdom in accordance with the objects of the Trust. The second being the management fees payable to the investment managers responsible for the administration of the Trust’ s investment portfolio. The third is the scrutineer’s fee. All other incidental expenditure is met by the Trustees personally.
)
Investments
Listed investments are stated at market value, on the basis of the middle market price at the close of business on 31st December 2025. Whilst the day to day management of the portfolio is carried out by the investment managers the ultimate control and responsibility rests with the Trustees. Unlisted equity investments are stated at fair value and all realised Gains and losses are reported through the Receipts and Payments Account.
Cash at Bank
Cash at Bank is entirely on Current Account and available on call.
Cash at Brokers represents cash awaiting investment or remittance to the Trust.
2. Cost of Charitable Activities by Activity Type
All donations are made to Charities falling within the undernoted activity types:-
| £ | |
|---|---|
| Health and Disability | 13,750 |
| International Appeals from UK Charities | |
| for relief of distress and poverty. | 8,000 |
| Youth and Homeless | 4,500 |
| Religion and religious tolerance | 3,500 |
| £29,750 |
3. Total Funds
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Net Income for the year | 176,236 | 114,650 |
| Gains on revaluation | ||
| ofInvestments. | 72,286 | 147,350 |
| 248,522 | 262,000 | |
| Total funds brought forward | 2,910,534 | 2,648,534 |
| TotalFundscarriedforward | 3,159,056 | 2,910,534 |