2023-12-31-accounts

Charity number: sco1￿496 JAMES PATON'S CHARITARI.F, TRIIST TRUSTEES, ANNIIAL RV.PORT AND ACCOIINTS FOR THF. PFRIOD ENDED 30 NOVEMBER 2023

.Ismeq Pgtnn'q C.hgrithle Truqt TnJ8tees' Annugl Re￿rt gnd Aeeounts for the peri(Ml ended 30 November 202_7 Scottish Charity Number SC000496 Current Trustees Conllct ddre85 Recruitm¢nt and appointment of Trustees W2£ appointed as a trustee bj the RoverninA document. LAter. *$ sole remaining tNste< he as a seCo￿d trustee ift February 19)9. appointcd Governing document I"he irnst was esLiblished b) will dated 10 March 1971. Charitable purposes The ptsrtYJse of the trust is lo make. at the trustees. discreti￿. charttable donations for the benefit of individuals or organisations. Such donaiions are re5tricied 10 the Inv¢rn(55 arca. Activities and achievements DurinR the period the trustees received a number of requests for &%sislanc¢ after due consideration. donations of £605.022 were made to a numErr of charitsble organisations. The truslees decided to wind up the trust and all fvnds have now b¢¢n distributed in tern)s of the 8oyerntn8 drKiiment. 'rrustee remuneration and expenses During the peri(Kl •• and ￿ rec¢ived remunerdtion of£221rf) and £800 respectively. Approved bv IhL I rusiL'es nxte jEI,I Page I

.Ixme4 Paton'8 Charitable Trnst Receipts and Paymen1$ Aeeount for the period ended 30 November 2011 2023 2022 Receipts Intere51 and dividends Proceeds from sale ol- shares 24.532 657.404 13.387 134,547 147,934 681,936 Payn7eDts Charitable donations 605.022 15.0(10 Purchase of shares 105,175 135,730 Ciovernan¢¢ c(Tr5ts'. Trustees, fees and expenses Inde￿ndent examinels fees Investment management fees L¢8al fees 3.000 1.200 100 5.218 6.887 3,060 13.247 6,518 .1 otal payments 723,444 157.248 Surplus/{Deficil) for periodlyear { 41,508) {9,314) All fvnd5 are unreslricled Page 2

.James Paton's Charitable Trust Statement of Balances Yés 4t 30 November 2023 202_1 2022 ljank gDd cash in hand OrKnin% balanies Surplusl(Deficit) for periodlyear Closing balan￿S 41.508 (41.508) 50.822 19.314) 41,508 Rescrves General funds 41.508 Investment asstt Listed siocks and shares - cost 471.650 Lisied 51(tkF (mdshures - volualion 549,627 Approv¢d bv th¢ Tru8t¢¢s Dale Page 3

Paton's Charitable Trust Independent Examiner's Report to the Tr•slees of James Palon's Charitsble Trnst I re￿$rt on the accounts of the charity for peri￿1 eftded 30 Novemkn 2023 which arc sel out on pages I to 3_ This rcport 15 made to th¢ ¢harity'5 iM)aTd of trustee& &8 a FM)dy. in accordance with the temis of engagement. My work has been undenaken io enable me io undenake an independ¢ni examinalion or the ¢haritv's accounts on behalt. ot" the chanty's board of trnslees and for no other purwse. "l o the fullest extent perniirt¢d by law. I do tK)l acce￿ or asSUrn¢ reswnsibility to anyone other than the charitv and the charity's board of trustees as a Fy)dy. for my work OT for this rewrt. Regpettiye responsibilities of trnstees examiner Tlie charity's trusiecs ￿5￿)nsibl¢ for thc prcparation of th¢ accounts in accordaK¢ wtth thc tcrms of the Chariiies and Trustee Investhleni (ScodaThll Aci 2(W)5 and the Chariiies Accounts (Scotl8ndi Regulations 2006. The charity's trustees consider that the audit requirernenl of Regulation 101 I ) (dl ol. th¢ Accounts Re%ulalions does not apply. li ts r¢stx)nsibility to examine th¢ ￿0￿nIS as required under section 44(1) (c) of the Act and to state whether particular matters have come lo my artenlion. Basis of independent examiDer'$ stalem¢Dt My examination is caThied out in ￿COrdanCe with RegulatK)n I I, of the Charities Accounts {￿OtIa￿di Regulations 2006. An examination includes a reiiew of th¢ accounting records kept by the charity and a compAriqon of the accounts wesented with those rec(Yds. It also Incli￿eS considerAlIc￿ of any iinusual items or dis¢losures in the a￿ounts. and s¢¢k$ ¢xplgn4tions from th¢ trustees ¢on¢¢rniDg any such matt¢rs. Th¢ proccdurcs undcrtakcn th not providc all th¢ ¢vid¢ncc that would required in an audiL and Co￿￿eqUentIY I do not exwess an audii opinion on the view given by the accounts. Independent ¢X2min¢r's sta¢emeat In the coutse of my ¢xamination. no Thatler corne to my attention . which gives me reasonable Cau￿ to ￿lIeve that in •n)' material respeci the requirements: to keep acc(￿ntIng records in accordance with Se(tion 44(1) (a) of the 2005 Act and Regulation 4 of the 2(K)6 Accounts Regulalions. and to prepar¢ accounts which accord with th¢ xcounting records and cornplv with Regulaiion 9 of the 2(th Accounts Regulaiions have not iMI me( or 2. to which. Fn my opinion. 8tlention should be drnwn in order to enable a proFr und¢TSt4nding of the accoumts to be re*h¢d. Pag¢ 4