Our Ref: PJG/AMcC/MT BRO.9.1
Mrs Catherine Brooks' Fund Scottish Charity No. SC000675 Trust Account For the Year To: 5 April 2025
Mackinnons Solicitors
379 North Deeside Road
Cults Aberdeen ABI10 9SX
Prepared by Scottish Legal Accountants
Ann: ScottishLege! Accountaats
Page 2
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Mrs Catherine Brooks' Fund
| Contents | Page No. |
|---|---|
| Trustees Annual Report | 3-4 |
| Independent Examiner's Report totheTrustees | 5 |
| Receipts & Payments Account |
6 |
| Statement ofBalances | 7 |
| NotestotheAccounts | 8 |
Notes to the Accounts
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Mrs Catherine Brooks' Fund
Trustees Annual Report and Accounts for the year ended 5 April 2025
Trust Information
Charity Mrs Catherine Brooks' Fund
Scottish Charity Number $C000675
Charity's Principal Address Mackinnons Solicitors, 379 North Deeside Road, Cults, Aberdeen, AB15 9SX : a Trust Deed Structure, governance and management Deed of Trust granted by the now deceased Mrs Catherine Antonia Mary Booth or Brooks dated 9th May and registered in the Books of Council and Session on 30th May both 1973. The Trust is administered in accordance with the terms of the Trust Deed.
Trustee Recruitment and Appointment Appointment and removal is in accordance with the Trust Deed which is approved at the discretion by the existing trustees.
Trust Purposes Objectives and activities
Set up as a Charitable Trust Fund for the purpose of enabling the Trustees to invest the Trust Fund and to pay the annual income therefrom in whole or in part in their discretion for the benefit of such persons having their usual place of residence within the town of Peterhead or surrounding districts who may in the opinion of the Trustees be in need and deserving of financial assistance, preference always to be shown to such ofthose as may be physically handicapped.
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Mrs Catherine Brooks' Fund
Trustees Annual Report and Accounts for the year ended 5 April 2025
Trust Information (Cont'd)
Activities and Achievements
The Trustees have met twice in the course of the year and have made payment of grants in May of £650 to the beneficiaries. Payment of grants were also made in November of £650 to the beneficiaries. Suitable organisations have been written to in order to identify potential beneficiaries. These grants totalled £16,900. The Stockbroker's reviews were dealt with on a discretionary management basis.
Income from investments and cash deposits totalled £21,648.81
Brewin Dolphin, Stockbrokers act as investment managers in respect of the share portfolio and the return on investment is in accordance with the benchmarks agreed by the Trustees with them.
Reserves
All funds held within the General Fund are unrestricted
Trustees remuneration and expenses The Trustees did not receive any remuneration or expenses eT rustec, a Partner in the firm of Mackinnons. GE| rustee, is a former Partner in the firm of Mackinnons.
Approved by the Trustees and signed on their behalf
Page 5
Mrs Catherine Brooks' Fund
Independent examiner’s report on the accounts to the Trustees of Mrs Catherine Brooks' Fund, Scottish Charity Number - SC000675
We report on the accounts of the charity for the year ended 5 April 2025, which are set out on pages 6 to 8
Respective responsibilities of trustees and examiner
The charity’s trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) 2005 Act and the Charities Accounts (Scotland) Regulations 2006. The charity trustees consider that the audit requirement of Regulation 10 (1) (d) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under section 44 (1) (c) of the Act and to state whether particular matters have come to my attention.
Basis of independent examiner’s statement
Our examination is carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeks explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently, we do not express an audit opinion on the accounts.
Independent examiner’s statement
In the course of our examination, no matter has come to our attention
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which gives us reasonable cause to believe that in any material respect the requirements:
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to keep accounting records in accordance with section 44 (1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations, and
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to prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts Regulations have not been met, or
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to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Scottish Legal Accountants 126 Drymen Road Bearsden G61 3RB
Dated: 1S | Al 207s
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pommese 4
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$C0000675
Mrs Catherine Brooks‘ Fund
Receipts and payments accounts
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|||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|For|the|period|to|
|_n|Ls]|
|Section|A|Statement|of|receipts|and|payments|
|Unnesnican:|Expendable|Permanent|
|funds|Restricted funds|endowmentfunds|endowmentfunds|currentTom! Sane period|Totenperiod iarieis teat|
|to|nearest|£|to|nearest|£|to|nearest|£|to|nearest|£|to|nearest|£|to nearest£|
|Ai|Receipts|
|Donations =|||QS|
|ee|ee ||
|Grants|Ts|TS|
|Receipts from fundraising|activities|||Tar ||
|Gross|trading|receipts|||cues|||
|landIncome and frombuildings investments other than|21,649|ba|aaa21,649|i|
|Rents from land & buildings|||oe] ||
|activities|
|A1|Sub|total] _21,649||||[24,649]]|[[23,362]|||
|A2|Receipts|from|asset &|investment|
|sales|
|Proceeds from sale of fixed assets|||ecemee]||||
|Proceeds from|sale of investments|||3,356|||||3,386 ||16,006|
|A2 Sub|total|[a|aa|||16,006|
|A3|Payments|
|activitiesPayments relating directly to charitable ||afi|||
|Grants and|donations|16,900|19,076|
|Soveranceoses|<a|
|Preparation|of annual|accounts|1,800|||4,800 ||4,800|
|ee|11,658|ee|[11.508||
|A3 Sub|total|[30.348]|
|A4|Payments|relating|to|asset and|
|investment|movements|
|Purchases of fixed assets|PY|
|cfimvesimenis|
|Purchase|
|Aa Sub total|___—+||
|Net receipts|
|/ (payments)|SRE|||[ae]|[See]|
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Mrs Catherine Brooks’ Fund
$C0000675
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Section B Statement of balances
~~ Expendabte Permanent
Categories Details m— Restricted funds endowmentfunds endowmentfunds TotalPe hae veepe
to nearest £ to nearest £ to nearest £ to nearest £ to nearest £ to nearest £
B1 Cash funds Cash and bank balances at start of year | 35.04 | 3s.94a 35,925
Surpius / (deficit) shown on receipts and
payments account
Cash and bank balances at end of year 20,780 20,780
{Agree balances with receipts and payments
accountis))
Details. Fund to which asset belongs Market valuation Last year
to nearest £ to nearest £
B2 Investments Brewin Dolphin Nominee Portfolio. Trust Fund (Unrestricted) hal 1,286 932,182
Total 911,286] | [—_932,182,]
Details Fund to which asset belongs available)Cost (if Currentavailable)value (if Last yoar
to nearest £ to nearest £ to nearest £
- = = =
Total —,
Details Fund to which liability relates Amount due Last year
to nearest £ to nearest £
B4 Liabilities Mackinnons Trust Administration 2025 eneral 13,188) [|
Scottish Legal Accountants - Audit 2025 eneral | 9 fT
Scottish Legal Accountants - OSCR 2025 eneral |]
Mac kinnonskinnons T irust AdminisAdminis tration 20 2418 ___ General +" | 9811, 6 59)
Scottish Legal Accountants - Audit 2024 : Genera! | | __«888|
Scottish Legal Accountants
- OSCR 2024 | 1,300
Total | 16,583 14,978
Dctans Fund to which liability relates yen Last yoar
— _ ee _to nearest £ to nearest £
— —
Total
Signed by one or two trustees Date of
on behaif of all the trustees Signature Print Name approval
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Mrs Catherine Brooks' Fund $C0000675
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Section C Notes to the Accounts
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C1 Nature and purpose of Deed of Trust granted by the now deceased Mrs Catherine Antonia Mary Booth or Brooks, dated 9th May 1973 funds (may be stated on and registered in the Books of Council and Session on 30th May 1973. The Trust is administered in accordance analysis of funds worksheets) with the terms of the Trust Deed. Appointment and removal of Trustees is in accordance with the Trust Deed which requires that appointment is approved by the unanimous agreement of the existing trustees and removal or retiral of any trustee by the unanimous agreement of the others. The Trust was set up as a Charitable Trust Fund for the purpose of enabling the Trustees to invest the Trust Fund and to pay the annual income therefrom in whole or in part in their discretion for the benefit of such persons having their usual place of residence within the town of Peterhead or surrounding districts who may in the opinion of the Trustees be in need and deserving of financial assistance, preference always to be shown to such of those as may be physically handicapped. Type of activityan or project. supported individualinstitution/ Numbermade of grants £ C2 Grants Individuals residing in Peterhead area, requiring financial assistance Individuals 16,900 Total 16,900 C3a Trustee remuneration If no remuneration was paid during the period to any charity trustee or person connected to a trustee cross this box (otherwise complete section 3b) Authority under which paid £ C3b Trustee remuneration - details C4a Trustee expenses If no expenses were paid to any charity trustee during the period then cross this box (otherwise complete section 4b) Number of £ trustees C4b Trustee expenses - details Transaction Balance outstanding amount (£) at period end (£) Nature of relationshi Nature of transaction
C5 Transactions with trustees and connected persons _ i