DAVID JOHNSTONEYS TRUST
UNAUDITED FINANCIAL STATEMENTS
31- DECEMBER 2024
sCO￿lSH 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 off￿10 lyjt ft)11(wAng a series of assumptlons arKI reslgnation8,
the current ITUStees are GG&B Nomine85 Limited. appointed by Deed of AssUMpt￿n arKI Conveyance
incorporallng resignation signed on 22nd arKI 2W January 2￿8. 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 perpe￿allY endowiryJ Alms houses to such extent as the l￿d6 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 aCt￿lI18S vAlh regards to th88• obPCt8 the 98￿ra1 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 dwect￿S of GG&B Nomir*es 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 e￿1. the ¢harily held
unrestricted funds of £12,384. There was a SL¥p￿s 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 T￿￿t
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 T￿￿teeS
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 AC￿Unts (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 s￿t￿)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 a￿￿￿ntIng 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 cOn￿rning 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