2025-12-31-accounts - E C Hill's Trust

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EC HILL’S TRUST

Known as

THE ERSKINE CUNNINGHAM HILL TRUST $C001853

Report of the Trustees and Financial Statements for the year ending 31st December 2025

THE ERSKINE CUNNINGHAM HILL TRUST

Contents Pages Reference and Administrative Information 1 Report of the Trustees 2-3 Report of Independent Examiner 4 Receipts and Payments Account 5 Statement of Balances 6 Notes to the Financial Statements 7-9

Trustees

—e Examiner Hollis Accounting Limited 3 Melville Crescent, Edinburgh EH3 7HW

Administrators

The Church of Scotland

Stewardship and Finance Department 121 George Street Edinburgh, EH2 4YN

Address ofTrust

The Church of Scotland 121 George Street Edinburgh, EH2 4YN

Charity name: E C Hill’s Trust

Known as: The Erskine Cunningham Hill Trust Scottish Charity Number SC001853

THE ERSKINE CUNNINGHAM HILL TRUST

Trustees’ Report for the year ended 31st December 2025

The Trustees have pleasure in presenting their report for the year ended 31st December 2025.

Governing Decument

The Erskine Cunningham Hill Trust (“the Trust”) was founded by the late Anderson Cunningham Hill in terms of the Declaration ofTrust signed by him on 9th August 1955 and registered in the Books ofCouncil and Session on 12th October 1955.

Recruitment and Appointment of Trustees

Suitable individuals, when approached to become Trustees through personal recommendation, are provided with the most recent Report of the Trustees and Financial Statements, together with further expanded information on the grant selection process and frequency of Trustees’ meetings.

Objective and Activities

The objective of the Trust is to administer its funds as a charitable trust for the purpose ofmaking donations and grants from the income to:

(a) Schemes ofthe Church of Scotland, which are recognised at the time as charitable by H.M. Revenue and Customs. ;
(ob) Charities which are recognised at the time as such by H.M. Revenue and Customs, particularly those charities largely administered by voluntary or honorary officials.

Applications from individuals for sponsorship in charitable work are not considered by the Trustees.

In awarding grants to the schemes of the Church of Scotland, the Trustees usually make these to the central funds of the Church and in particular Crossreach, rather than to individual congregations.

In making grants to non Church of Scotland charities, the Trustees give priority to charities registered in Scotland, covering the following areas of charitable work:

the elderly
- young people - ex-service personnel - seafarers

The Trustees met twice durmg 2025 to consider the financial position of the Trust and to approve distributions of income.

THE ERSKINE CUNNINGHAM HILL TRUST Trustees’ Report for the year ended 31st December 2025

Organisational Structure

The Trustees are responsible for keeping proper accounting records, which disclose with reasonable accuracy at any time the financial position of the Trust and to enable them to ensure that the accounts comply with charity law. They are also responsible for safeguarding the assets of the Trust and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The Trust is administered byEE Stewardship & Finance, Treasury Officer, 121 George Street, Edinburgh,EH2 4YN, who acts as the Secretary of the Trust. The records are kept at this address.

Achievements and Performance

The Capital Fund of the Trust has two elements; the original capital is a permanent endowment fund, which must be held i perpetuity and only the income there from can be expended. The balance of the capital is an “expendable endowment” but in practice the Trustees intend to retain the capital intact and only expend the income. In the year to 31st December 2025 the Capital Fund increased mm value by £142,968 to £2.070,733. This increase is due to movements in the market value of the Trust’s investments.

The Trust’s revenue fund had a balance of £2,099 (2024: £8,006) at 31st December 2025.

Financial Review

Income of £46,321 was received from investments. Grants of £21,300 were made (see Note 5) and management & administration costs amounted to £1,928. The net deficit of £5,907 was taken from the opening credit balance of £8,006, resulting in a credit balance of £2,099 at the year-end. There were liabilities of £900 (2024: £1,140) at 31 December 2025. Grants payable to the Church of Scotland in the year amounted to £29,000 (2024: £25,000) in respect of CrossReach.

Reserves Policy

The Reserves Policy of the Trust is to maintain the capital of the fund and to expend the income generated by the awarding of grants.

Approved by the trustees on LO (ee Ot and signed on their behalf by: Edinburgh

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THE ERSKINE CUNNINGHAM HILL TRUST

Independent Examiner’s Report to the Trustees for the year ended 31st December 2025

I report on the Financial Statements of the Trust for the year ended 31“ December 2025 as set out on pages 5 to 9.

Respective responsibilities of trustees and examiner

The charity’s Trustees are responsible for the preparation of the accounts in accordance with the terms of Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity Trustees consider that the audit requirement of Regulation 10(1)(d) of the 2006 Accounts Regulations does not apply. It is my responsibility to examine the accounts 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

My examination is carried out in accordance with Regulation 11 of the 2006 Accounts Regulations.

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 I do not express an audit opinion on the view given by the accounts.

Independent examiner’s 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 accounting records in accordance with Section 44 (1)(a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations.
e to prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts Regulations.

have not been met, or

to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

ollis Accountmg Limit 3 Melville Crescent Edinburgh EH3 7HW

THE ERSKINE CUNNINGHAM HILL TRUST

Receipts and Payments Account for the year ended 31st December 2025

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||||||| |---|---|---|---|---|---| |2025|2024| |Income|Total|Total| |Note|Funds|Fands|Funds| |£|£|£| |Receipts| |Investment|Income|46,321|46,321|46321| |Current Account|Interest|-|*|-| |Total Receipts|46,321|46,321|46,321| |Payments| |Direct Charitable Expenditure| |Grants|5|—|30,300|30,300|42,000| |Other Expenditure| |Management and Administration|1,928|1,928|730| |Total Payments|52,228|52,228|42,750| |(Deficit)/Surplus| |of|Receipts against Payments|G,907)|G,907)|3,571|

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THE ERSKINE CUNNINGHAM HILL TRUST

Statement of Balances as at 31st December 2025

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Unrestricted Endowment Total Total
Note Funds Funds 2025 2024
£ £ £ £
Current Account Balance
Brought Forward 8,006 - 8,006 4,434
(Deficit)/Surplus
of Receipts over Payments (5,907) - (5,907) 3,572
Carried Forward 2,099 - 2,099 8,006
Investments .
Market Value 4 - 2,070,733 _ 2,070,733 __1,927,765
Cost 4 - 302,224 302,224 302,224
Liabilities 6 900 - 900 1,140
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Approved by the trustees on ..*...................... and signed on their behalf by: Date:

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The Notes on pages 7 to 9 form part of these accounts.

THE ERSKINE CUNNINGHAM HILL TRUST

Notes to the Financial Statements

for the year ended 31st December 2025

1 Definitions of Funds

Unrestricted Fund

This is an Income Fund which is expendable in furtherance of the general purposes of the Trust.

Permanent Endowment Fund

This is a Capital Fund, with no power to convert the Capital into Income, i.e. the Capital must be held in perpetuity and only the Income there from can be expended.

Expendable Endowment Fund

This is a Capital Fund, with power to convert the Capital into Income.

2 Taxation

The Trust has charitable status for tax purposes and as such is exempt from UK income, capital gains and corporation taxes.

3 Trustees’ Remuneration

Trustees received no remuneration or expenses in either year..

4 Investments

		2025	2024
		£	£

MarketValue at Ist
January		1,927,765	1,774,475
Net(loss)/gain onrevaluation at31st
December		142,968	153,290
Market Value at31stDecember		2,070,733	1,927,765
Historic cost at31stDecember	.	302,224	302,224

The Investments consist of units in the Growth Fund and Income Fund of the Church of Scotland Investors Trust.

THE ERSKINE CUNNINGHAM HILL TRUST

Notes to the Financial Statements for the year ended 31st December 2025

5 Grants

(a)	ChurchofScotlandFunds			2025	2024
				£	£
	Crossreach			29,000	25,000
(b)	OtherFunds
	Wester Hailes Youth Agency			1,000
	TheAyr Ark			1,000
	GrantonYouth			1,000
	RutherglenCommunity Carers			1,000
	SuperPowerAgency			1,000
	Spark.			1,000
	LightUpLearning			1,000
	FetlorYouth club			1,300
	Tourette Scotland			1,000
	RoseberyCentre	‘		1,000
	TheTeapotTrust			1,000
	IWork4Me			1,000
	Bonnyrigg Football Club			1,000		.
	Ayr&PrestwickMen’s Shed			1,000
	MearnsKirkHelpingHands			1,000
	HopScotchChildren’s Charity			1,000
	Positive Help			1,000
	SealCommunityHealthProject			1,000
	FamiliesFirstStAndrews			1,000
	DiscoveryCampsTrust		*	1,000
	LinkBefriending Project			1,000
	Charitable Distributions 2024				17,000
				21,300	17,000
				50,300	42,000

THE ERSKINE CUNNINGHAM HILL TRUST

Notes to the Financial Statements for the year ended 31st December 2025

6. Liabilities

	2025	2024
	£	£
Administration fee	-	-
IndependentExaminationfee	900	1,140
	900	1,140