THE LITHGOW CHARITABLE TRUST
ACCOUNTS
FOR THE YEAR ENDED
31 DECEMBER 2024
(Scottish Charity Number SC001555)

THE LITHGOW CHARITABLE TRUST
REPORT OF THE TRUSTEES
The Trustees present their report together with accounts for the year ended 31 December 2024.
The Lithgow Charitsble Trust was established in terms of the Deed of Trust dated 4 July 1972 and is
registered as a Scottish charity reference SC001555. The Trustees are directed to apply the Trust
Funds for religious, charitable and educational purposes.
Funds are distributed lo a wde range of Charitable Institutions. Societies, Organisations or
individuals which the trustees consider worthy of assistan￿.
The Trustees who held office during the year were"
The position in respect of ongoing irustees is reviewed regularly, and new Irustees are appointed by
Ihe existlng trustees. The Trust Deed does not stipulate any requirements wrth regard to the nurnber
of trustees, the length of period which they should serve or requirement for reappointrnent.
The principal address of the Trust is Nelherton, Langbank. Renfrewshire PA14 6YG. All applications
should be made to that address.
is responsible for the day-to-day administration of
the Trust.
The financial position of the Trusl and the activities during the year are as disclosed in the Statement
of Financial Activities and the Balan￿ Sheet on pages 3 and 4 respectivety. The charity has
considered the reserves required and has taken into account their current and future liabililies. The
trustees aim to maintain free reserves in unrestricted funds at a level which is more than sufficient to
meet foreseeable unrestricted charitable expenditure. The balance held in unrestricted funds at 31
De￿mber 2024 was £14,924.
In order to fund charitable grants awarded in the year to 31 December 2024, the Trustees ublised
donations received in the period.

THE LITHGOW CHARITABLE TRUST
REPORT OF THE TRUSTEES (continued)
rrustees. Responslbllltles SLltement
The trustees are responsible for preparing the Trustees, Annual Report and the accounts in
accordan￿ with applicable laws and regulations.
The Charities and Trustee Investment (SGotlandl Ad 2005, and the regulations made thereunder,
requires the trustees to prepare accounts for each financial year in accordan￿ with United Kingdom
Generally A￿pted Accounting Practi￿ (United Kingdom Accounting Standards and applicable law)
which give a true and fair view of the stale of affairs of the charity and of the incoming resources and
application of the resources. including the income expenditure. of the charty for that period. In
preparing these accounts, the trustees are required to..
select suitable accounting policles and then apply them consistently.,
observe the methods and principles set out in the applicable charitEs SORP,.
make judgements and accounting estimales that are reasonable and prudent.,
state whether applicable accounting standards have been followed, subject to any material
departures disclosed and explained in the financial slatements,.
prepare the accounts on the going concem basis unless it is inappropriate to presume that
the chanty will continue in operation.
The trustees are responsible for keeping proper 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 accounts ¢omply with the Charrties and
Trustee Investment (Scolland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as
amended), Accounting and Reporting by Charities.. Staternent of Recommend￿ Praclice applicable
to charities preparing their accounts in accordance with the Financial reporting Standard applicable
in the UK and Republic of Ireland published on 16 July 2014 and the provisions of the trust deed.
The trustees are also responsible for safeguarding the assets of the charity and hen￿ for taking
reasonable sleps for the prevention and detection of fraud and other irregularities.
On behalf of Ihe Truste6s
rustee
2 July 2025

THE LITHGOW CHARITABLE TRUST
Statement of Financial Activities
for the year ended 31 December 2024
ReJtslct•d A￿trIc￿￿ Uhv•strktsd Unmtrkt•d
Fundi
Furbd¥
Fund¥
Funds
2024
2023
2024
2023
Total
Funds
2023
Funds
2024
IncoTne
tstsnèntirtome
Dor¢b"ons recei
481
7,SLh)
473
4Bi
11,12S
473
25,374
53.625
25.374
Tot81 k£ome
53,625
25.374
7.981
473
61.606
25.846
Exyndkn
C1*ritsb￿ ac￿￿0•8
82,927
8,698
2.587
91,62S
2.587
Total ENpetKlit(re
82.927
8.698
2,587
91.625
2.587
N*1 IrKome
befDre gains on In￿l￿rts
129,3021
25.374
17171
(2,1141
130.Q191
23,260
IhealS8ed (bsS￿ahn on Ir￿stm￿n￿
12801
14551
12801
mo¥emert In
129.3021
25.374
19971
12,5691
130.2991
22,8D5
Total bro￿NfOrward at 1 JanLAry
34.188
8.814
15,921
18.490
50.109
50.109
TotalfixKls carrf60 foTr¥ard al 31 December
4.886
34.188
14,924
15,921
19*10
50.109
The accompanying accounting policies and notes form an integral part of these accounts.

THE LITHGOW CHARITABLE TRUST
Balan￿ Sheet
as at 31 De￿rnber 2024
Note
2024
2023
Flxed assets
Inveslments
9.485
9,765
Current assets
Cash at bank
Creditors
11.637
(1,312)
41,156
(812)
19,810
50,109
Represented by:
Unrestricted funds
Reslricted funds
14,924
4,886
15,921
34,188
The accounts were ap
roved b the Tr
stees on 2 Jul 2025 and signed on their behalf by.
rus
ee
The accompanying accounting policies and notes form an integral part of these accounts.

THE LITHGOW CHARITABLE TRUST
Notes to the accounts
for th8 year ended 31 De￿mber 2024
1 Accountlng pollcles
Accounting convention
The accounts have been prepared in accordance with the Statement of Recommended Practice..
Accounting and Reporting by Charrties preparing their accounts in accordance with Ihe Financial
Reporting Standard applicable in the UK and Republic of Ireland {FRS102) issued on 16 July
2014 and the Finan￿al Reporting Standard applicable in Ihe United Kingdom and Republic of
Ireland (FRS1021, the Charrties and Trustee Investment (Scotland) Act 2005 and the Charities
Accounts (S¢otland) Regulations 2006 {as amended).
The trust constitutes a public benefit entity as defined by FRS102.
The accounts have been prepared under the historical cost convention except that inveslmenl
assets are stated at mathet value.
The principal accounting policies of the Charity are set out below. The policies have remained
unchanged from the previous year.
Income fmm investments
Investment income comprises donations and dividends declared during the year on listed
investments, and is included when receivable.
Income fmm donations
Donations are included in the statement of financial activittes when the tharty is entitled to the
income, the amount Gan be quantified with reasonable accuracy and it is probable that the income
will be re￿1ve￿.
Expenditure
Expenditure is recTr3nised on an accrual basis as a liability is incurred. Expenditure includes any
VAT which cannot be fijlly recovered, and is reported as part of the expenditure to which it
relates..
Charitable expenditure comprises those costs incurred by the charity in the delivery of its
activities and services for its beneficiaries. It includes both costs that can be allocated
directly to such activities and those costs of an indirect nature necessary to support
them.
Indirect Gosts include governance costs which comprise those costs associated with
meeting the constitutional and statutory requirements of the charity and include the
accountancy fees and costs linked lo the strategic management of the charity.
No indirect costs were incurred in the year.

THE LITHGOW CHARITABLE TRUST
Notes to the accounts
for the year ended 31 December 2024
1 Accounting policies (contd)
Fund accounting
Funds classified as unrestricted funds and are used for the furtherance and general objectives of
the charity. Funds classified as restricted are grants re￿iVed for spending on specified purposes
as laid down by the grantor.
Investments
Assets held for investment purposes are stated at market value at the balance sheet date. The
market value is based on closing middle market price.
All movements in value are shown in the Statement of Financial Activities.
2 Expendlture on charltable actlvltles
2024
2023
Accountancy Fees
Bank Charges
Donations
600
98
90,927
500
87
91,625
2.587

THE LITHGOW CHARITABLE TRUST
Notes to the accounts
for the year ended 31 December 2024
2024
2023
3 Fixed Asset Inveslments - Llsted
Market value at 1 January
9,765
10.220
Net unrealised investment {loss)Igain
{280)
{455)
Market value at 31 December
9,485
9.765
Historical cost at 31 December
5,495
5,495
Cost represents purchase price.
4 Unrestricted funds
2024
2023
At 1 January
15,921
18,490
Incoming resources
7.981
473
Resources expended
{8,698)
(2,587)
Net (loss) I gain on investments
(280)
{455)
At 31 December
14,924
15,921
Unrestricted funds comprise incoming resources received for expenditure on the general
objectives of the charity.

THE LITHGOW CHARITABLE TRUST
Notes to the accounts
for the year ended 31 December 2024
Restrlcted funds
2024
2023
At 1 January
34,188
8,814
Incoming resources
53,625
25,374
Resources expended
(82,927)
At 31 December
4,886
34,188
Donations were received during the year to support Ukrainian refugees. These funds are restricted
to assist local charities only in this effort. Th8 donations were enhanced with Glft Aid of £6,825.
6 Taxation
The Charity has charitable status and is exempt from taxation. The charity is not registered
for VAT and accordingly any irrecoverable tax is included in the expenditure concerned.
7 Trustees
The Trustees receive no remuneration or expense reimbursemenls from the Charty either in
this year or in previous years. The Trustees made donations of £32,500 including gift aid to
the Charity.

Independent Examinetrs Report to the Trustees of The Lithgow CharitableTrust
I report on the accounts of The Lithgow Charttable Trust for the year ended 31 December 2024
which are set out on pages 3 to B.
Respective responsibilities of trustees and examiner
The charity's trustggs are responsible for the preparation of the accounts In accordance with the
tenns of the Chartties and Trustee Inveslment (Scotland) Act 2005 and the Charrties Accounts
(Scotlandl Regulations 2006. The charity trustees consider that the audit requirement of Regulation
10(1) (a to c) of the 2006 Accounts Regulations does not apply 11 is my responsibility lo examine the
accounts as required under section 44{11 Icl of the Act and to state whether particular matters have
come to my attention.
Basls of Independent examlnerfs report
My examination is carried out in accordance with Regulation 11 of the 20Cfj Accounts Regulations.
An examination includes a review of the accounts.ng records kept by the charity and a comparison of
the accounts presented wilh 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 Pro￿dureS undertaken do not provide all the evidence that would be required in an audit, and
consequently I do not express an audit opinion on the view given by Ihe accounts as to whether the
accounts present a 'lrue and fair view. and the report is limited to those matters set out in the
statement below.
Independont examIne￿$ statement
In the course of my examination, no matter has come to my attention..
which gives me reasonable cause to believe that in any material respect the
requirements..
to keep accountlng records in accordan￿ with Section 44(1)(a) of the 2W5 Act
and Regulation 4 ofthe 2006 Regulations. and
to prepare accounts which accord with the accounting records and comply with
Regulation 9 of the 2006 Regulation5
have not been met. or
to which. in my opinion. attenllon should be drawn in order to enable a proper
understanding of the accounts to be reached
Name..
Relevant Professional Qualifi¢ationTrrofessional Body: ICAS
Address.. Azets Audit Services, Titanium 1, lQng's Inch Place, Glasgow PA4 8WF
Date..
July 2025