DAVID JOHNSTONEYS TRUST UNAUDITED FINANCIAL STATEMENTS 31- DECEMBER 2024 sCOlSH CHARITY NUMBER:. SC002064 CARSON & TROTTER CHARTERED ACCOUNTANTS 123 IRISH STRE DUMFRIES DG12PE
David Johnstone's Trust Scottish Chari Numbgr SC002064 Trustees, Re ort and Accounts for the ear ended 3131 December 2024 Curr•nt Trust•es G G & B Nominees Limil&J Contact Addr6ss clo Glllespi8, Gifford & Brown LLP, 135 Kiro Street. Castle Dcwlas. DG7 1NA Rètrultmont and Appolnlrnent of Tru8te•8 Historically the Trustees wore aPPKM'nlwJ ex off10 lyjt ft)11(wAng a series of assumptlons arKI reslgnation8, the current ITUStees are GG&B Nomine85 Limited. appointed by Deed of AssUMptn arKI Conveyance incorporallng resignation signed on 22nd arKI 2W January 28. and regi8twed on 19 March 2008. Govemlng Document The Trust was set up In terms of the Trust Dlsposttlon & Settlement of David Johnslone dsled 11th February 1839 and wlh relabve Codicils dated 1 January 1848 and 2010 Marth 1857 re¢ord&d In Sherirf Court Book5 of Ihe County of Dumfries on 2nd Aprll 1861. purposes arrfl 8dmlnlgtratk>n arrangements are s81 out In the IruBI deed. Charltsbl• Purpose8 The trust's purFM)888 are of trMJildlng and perpeallY endowiryJ Alms houses to such extent as the ld6 VAII admtt fc the u88 and benefrt of WNes. daughlers and siskn of profe551onal men, merchants and upper cla$$ hou8ehold8rs beloroing lo the said Burgh of Dumfries or to the Village of LoGkerkne who are in reduced and had been formerty In more prosperous circumstsnce8. The mBln aCtlI18S vAlh regards to th88• obPCt8 the 98ra1 maintenan¢e of t)uldlng• ond 98r(lon8. AetSvltles and Achlevem¢nts Proper maintenance of the Trusts herllable propety. and malntorAnce arrt1 enharKement of Its Ilquld caprial r08orves vra8 carrfed OLrt by the Trust during the year. Tru8tM'8 R•muneratlon and Expwws The Iruslee. namely G G & B Nominees Limited, is the norninee company of Gille5pie Gifford & Brown LLP whose partners are also dwectS of GG&B Nomires Limited. Gille5pie Giffrxd & 8rown LLP underlake the admlnlslralbn el¢ of the Trust and chwge a fee for this swvic. No syate fee is charged by GG& Nomlneè8 Llmiied. Rosorv•s Despite fluctuath)ns from ye8r to ye8r in the level of wrAus detkit, we contlnue lo hold 8 healthy balan¢& in reserves, whrh will enable us lo contlnuo our a¢tlvlbes wilhoLrt 18tler. At Ihe year e1. the ¢harily held unrestricted funds of £12,384. There was a SL¥ps the year of £1,693 (¥)mpw8d to a def of {£6,743) in 2023. The tharify holds inveslmenls. irwme from wbich supports its objects. unre9tricted fiJndg represent incL)me earned bJt not yet utili5ed. The axounts for the year are atlached and fL¥m pwt of this reF# This rèport was approv8d by th8 Trustees on 41h Septemter 2025 and 3igne(l on thEir behaK by..
David Johnstone's Trust Scottish Chari Number SC002064 Recei tsandPa ments Account for the •ar ended 31st December 2024 2024 2023 Recei Interest and Divldends Proceeds from Sale of Shares 8.355 8,158 55,426 15,397 Total Receipts 63.781 23.555 ment Charitable Activities.. Main16nance and Repairs to Propety Gas Council Tax Insurances Wages 7.454 8,773 424 574 6,881 6,555 2,660 2,649 17.993 17,977 Govemance Costs: Admlnlstration Expenses Managem8nt Expenses 3.709 4.490 3,000 3.000 6,709 7,490 24,702 25,467 Purchases of shares 37.386 4.831 Total Paymgnts 62.088 30.298 Surplusl(Deficlt) for the year 1,693 (6.743) All funds are unrestricted
David Johnstone's Tt Scottish Cha . Number SC002064 Statement of Balancès as at 31st Decembar 2024 2024 2023 B nkandc 8hinHa Opening Balances {Surplusl{Deficit) for ts year 10,691 17.434 1,693 (6,743) Qoslng Balances 12,384 10.691 Ros•Th•s General Unrestrlcted Fund8 12.384 10.691 Closing Balances 12,384 10,691 A880t8 Investments at market value'.- P8r Rathbones Portfolh) 223.290 231,834 223.2W 231.834 HeritsbS8 Property:. 12 Houses and pertinents and land Johnslone Park. Durnfrles 1,301,CQO 1,301,(M)o bilitles Law Accountant's Fees Agents. Fees Sum due to creditors of estate 252 64 5,940 2.568 2,700 2.700 8,892 5,332 The charfty has no other Investments. assets or materlal118bllMI8S. Approved by the Trustee8 on 4th SeN8mb8r 2025 8nd SNJr on their beha by..
Davld Johnstono's Tru$1 Inde ndent Examinerfs Re rt to the TteeS I r8Wrt on Ihe unaudtted accounts of th6 charity for the year ended 31$1 December 2024. which are set out on pages 1 to 3. Respocllvo Respon61b1111108 of the Tfustees and th¢ Examiner The charily's committee members are responsibl8 for the preparauon of the accounts In accordance with the temis of The Charities and TnJst88 Inv6strnent (Sc£stland) A¢t 2005 and Th8 Charities ACUnts (Scotland) Regulations 2006. The charity committee members consider that the audit requirement of Reguk91ion 10{1 Xd) of the Accounts Regulalions does not apply. 11 is my résponsibility to examine the accounts as requlred under st)n 44(1Xc) of the Act and to state whether partlGular matters have come lo my attention. 8asl8 of Independont Ex•mlMrf8 Report My examination is c8rri8d OLrt in accordance with Regulation 11 of the Charitie5 Accounts (ScoUand} Regulallons 2006. An examlnallon Indudes a r8Vi8w of th8 antIng records kept by Ihe charity and a comparison of the 8¢unIS pre88nted vAth those records. It 8180 Includes conslderation of any unusual items or disdosures in the acwunts and s8eks 8xpLqn8tions from the cornmiltee m8mbers cOnrning any suth matter5. The procedures undertaken do not provide all th8 evidence that woukd be required in an audrt, and consequenty I do rK)t express an audit opinion on the vlew grven by the accounts. Indopendent ExamlnoV• Slatomont In th8 course of my examlnation. rK) matter has come to my attention: (11 whSch glves me reasonable cause to believe that In any material respect the requlrements; {a) to keep accounting records In accordance with Sectlon 44(11(a) of the 2005 Act and Regulatlon 4 of the 2006 accounts Regulations., 8nd {b) to prepare 8ccounls whlch accord wlth the accountin9 racords and comply wlth Regulatlon 9 of the 2006 Accounts Regulatlons. have rK)t been met: or (2) to which, In my opinion. 8tt6ntion should be drawn in ordw to enable a proper understanding of ts accounts to be roached. rson rotter Chartered Accountants 123 Irish Street Dumfries DG12PE 17th September 2025