Charity Reference Number: SC003109
ACCOUNTS
FOR THE YEAR ENDED
30 SEPTEMBER 2024

ST MARY'S EPISCOPAL CHURCH
REPORT OF THE N"ESTRY FOR YF.AR ENDED 30 SEPTFMBFR 2024
l. The members of the Vestry present their annual rcport log¢thcr with the fmanci
staternents foT th¢ ycar ¢ndcd 30 Sq)tember 2024.
The fmancial statements hav¢ ￿en prepared in accordance with the accounting policies
set out in not¢ I to the fmancial statemenls and comply with the Charity's founding
docurnent, applicable law and the Statement of Recommended Practice, "Accountin£ and
Reporting by Charities" applicable to ChaTities preparing thcir accounts in accordance
with the Ftnancial Reporting Standard applicable in the LIK and Republic of Ireland
(FRS102) (effective l January 2019).
2. Strueture and Governance. In t¢m)s of ihe Chariiies and Trust¢e Investment (Scoi]and)
Ad 2005 and the Charities Accounts (Scotland) R¢¥ulations 2006 (as an]endedl, the
N'estry reports io ihe Congregai￿n as follows:
l. Si Mary's Episcopal Church - Dunkeld is a registered Scottish Charity
(SC003109).
2. 11 is a member of the Diocese of St Andrew, Dunkeld and Dunblane of the
Scottish Episcopal Church and is in full comunN)n with the .4ngb'can Church.
3. The superior authorilv is the Bishop of St Andrews. Dunkeld and Dunblane.
4. All of its affairs are governed by the Vestry.
3. AppofiDtmenl of N'estry ￿leMbers. Vestry membe[5 are elected or appoinled by the
cornmunicant membeTS of ihe Church at the Annual Generdl meet￿g, established by
constllution and under Canon Law of ihe Scoiiish Epi>copal Church. There is no fom]al
induclion progrdmm¢ but ongoing guidance is gii'en to ensure that Vestry members are
familiar wilh the Church's values. ain)s and responsibdities as the designaied iruslees of a
charily. It is planned ihat members of the vegtry will attend a trustees trdining seminar in
the New Year conducted under the auspices of J. & H. Mitchell, Pitlochry. This training
has nol tak¢n placc sincc 201
Thc Rcclor is cx officio a member of the Vesiry and chairs Vcstry mcctings.
4. Adminislrative Structure. It is the duty of ihe Vestry lo manage th¢ temporal affars of
the congregation Viith responsibllity lo keep ihe fabric a￿1 propen), of ihe church and
other buildings good working order and to look after ihe fmances of the church.
5. .St2tement nf Risk The Vesiry keeps under review the TnaN)r risks to which the church is
exwsed and has established procedures to mitigate any risks identified..
Financial: A budget for the sustainabl¢ ¢mployrn¢nt of a part time priest
{0.363 of a siipend at present} has been in operation since Marcb 2020.
b. Healih & Safely: S¢rvi¢ing of fwc quipmeni, lh¢ clock. Ihe organ and the
boiler have been undenaken.
Buildings.. Following the Quinquennial reN'iew {2021) remedial WO￿ on the
building is planned for 2024.
d. Governance: As per Pard 3 above il is planned that Trnstees will attend
relevani trnining.

6. Charitsble Objectives and Activities. The Church's PTincipal activities include
publi¢ worship in sacrament and prnyer. pastordl ¢are of the congregation, Christian
cducation and outreach in ihe community.
7. Volunteers. The Veslry is grateful for Ihe lime freely giv¢n by a large number of
volunt¢crs. without whom many of the Church's activities wouha be unable lo operate.
8. Vestry Membership. At the 2024 AGM
the vestry
oined
Flnxnclal Revkw.
a. Sti
b. Atkinson Le
acies.. As anticipaicd in last year's TTUStees Report and
Accounts. Si Mary's received d
legacies tolalling £2$0.078 fTom
V¢Slry rccognises thcsc monies Jrc r¥slFliliLI iii l Jhrii Jiicl iliiirili 11115tsion
Sonx of Ihcsc funds wcrc uscd for church rcpairs and mission as wcll as
upgrdding the reLtory. Th¢ nllory ￿rU[b]shMent Losts vf £75.836 hdve been
apiialised and a iransfer made from the Church FabrK and Mi&sion Reslricled
Fund to Unre￿ncIed Funds of this amount as the T¢slri¢ied use has been
salisfied and the asset acquir¢d is held for a general and not a restricted
PUTPOSC. In addiiion. thc unreSt￿led cosi of invesirnenls purchascd last ycar
of £9,191 has been transferred from Unrestricted Funds lo the Church Fabric
and Mission Restricted Fund so that all transactions relating lo the investments
arc for thc Rcstrictcd fund as was originally inlcndcd. Thc rcniaining funds
huv¢ rYmain¢d in Lash ui been Iransferred to lh¢ inv¢b1rn¢nl portfolio with
BTewin Dolphin.
Cado
an famil .. During the year Sl Mari's were ¢xlr¢melv fortunate to
receive a legacy of £20.IX)O (rcstrictcd lo use fnr fabric of the chuTch) fmm the
estate of the late l.ord Cadogan as ￿'ell as a grnnl of £ l O,IX)O (Iinrestricled)
from the Codogan Charity.
d. 3 ChurLhw• ch4￿1{ Sho
reporting period.
Si Mary's ha5 received £13,000 during Ihis
e. Church Fabric: For ihis reporting period the substantial fabric projecls
included:
Completion of the ￿ctOry refuTbishmenl project.
Re-vamping of the exisling church toilet for impToved disabled access
wilh an ovcrall cosl of £7,761.
Irnproi'd chuTch intcmal electrics foi 5afctv putposcs of £421.
ii,. Replacement of the church boiler with two gas boilers with an overall
cost 01£16.798.
Installation of outside lights costing £320.
vi. Installation of outside food shelier for those in need costing £1.536.

l O. A¢hievements and Performance. St Mary's conducls a full programme of church
mission activities comprising visiting musicians at monthly church services. a
monihly concert for the parish's elderly citizens which embraces many of the Servite
home restdents as well as those from the local care home. Throughout the year, Rev
Craddock ha8 been proaclive in establishing her ministry, getting to know and
keeping in touch with the congregation. Si Mary's is very much part of the
community and St Mary's congregation continue to contribute substantially to the
volunteers of the 3 Churches Charity Shop.
I l. Plans for Future Periods. The continuing development of 'church mission, is ihe
primary focus of St Mary's as it ¢xpands lis reach into the community. Post Sunday
church service coffee remains an important aspect of Si Mary's pastoral contribution
towards its congregation. In the summer month5 St Mary's hosts the 'Meeting Place..
a weekly coffee morning for the local community.
12. Reserves Policy. Reserves have been built up sufftciently to stabilise the on-going
fiT]ancial future of St Mary's. The church now has an investment portfolio managed
by Brewin Dolphin wbich on 30 September 2024 was valued at £457.861.
13. Ststement of the Vesty Members, Responsibilities. The members of the Vestry
are responsible for Preparing the Trustees'Annual Report and the fmancial stalements
in accordance with the United Kingdom Accounting Standards (United Kingdom
Generally Accepted Accounting Practice) and applicable law and regulations.
Th¢ law applicable to charities requires the trustees to prepar¢ financial statements for
each fmancial year which give a true and fair view of the slate of affairs of the charity
and of the incoming resources and application of ￿$oUrCeS of the charity for that
period. In preparing these financial statements, the tn￿leeS are required to:
select suitable accounting policies and then apply them consistently-
observe the methods and principles in the Charities SORP.
make judgernents and estirnates that are Teasonable and pnident.
state whether applicable accounting standards have been followed, subject to
any material departures disclosed and explained in the fll)ancial stalements.
Prepare ihe financial statemenls on the going concern basis unless it is
inappropriate to presume that the charity will continue in business.
The Trustees are responsible for keeping proper accounting records that disclose with
reasonable accurncy al any lime the fin2ncial position of the charity and enable them
to ensure that the fmancial statements comply with the Charilies and TNstee
Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006
(as amended) and the provisions of the Constilulion. The trnslees also responsible for
safeguarding the assets of the charity and hence for taking reasonable steps for the
prevention and deteciion of fraud and other i￿egUlarities.

On behalf of the Vesttv
Secrelary
14 MaTch 2025
ST MARY'S EPISCOPAL CHURCH, BIRNA￿ DUNKELD
STATEMEf4T OF FJNALYCIAL ACTivfTIES
FOR THE YEAR EIYDED 30 SEPTEMBER 2024

2024
UNTrstrltled
2024
Rest￿ted
2•24
2023
r*oki
Tot
Tot
INCOME AND ENDOM)IEYTS FROM:
Donai*NS aEMI kg8Cts
In￿sIn￿nt
39ffj55
27Qi178
3(I).733
195,681
545
TOTAL INCOME
39,67S
212,038
321.713
196.226
EXPEYDITURE ON:
Cbambk
40.018
19
II*A74
TOTAL E￿ENDITuRE
40,018
23.653
63,671
106,474
Nel
Ik*s¢sl th ￿stIl￿1[ A$seis
CArtsllkssesl 8s%ts
TrI￿reT5 fi￿￿1$
13431
258J85
258,(42
89.752
fA•h45
{wsi
Nei
291ffj64
89.752
RECONCILIATION OF FUNDS
TOTAL FUNDS BROUGHT FORWARD
27.560
261.534
289.094
199J42
TOTAL FUNDS CARRIED FORWARD
14
489 896
58J 758
289 094
ST MARY'S EPISCOPAL CHURCH, BIRNAM, DUNKELD
BALANCE SHEET AS AT 30 SEFfEMBER 2024

2024
2023
TotAI
nds
Notes
FIXED A￿Ts
Tan8b￿ &￿ts
Invest￿rts
75,836
457.861
533,697
270,7:5
270,7?5
CURRENT ASSETS
Debtors
Cash 81 ￿￿k aThl in hajbj
io
li
388
54.682
55.070
18J69
18J69
CREDITORS: AMOUNTS FALLINC DUE WITHIN ONE IEAR
12
15.IKY))
NET CiFRRLNT ASSETS
50.1kn1
18?69
NET ASSETS
583.758
289,094
FUNDS OF THE CHARITY:
REsfRJCTED FUNDS
489,896
261534
UNREsfRirfED FL"NDS
27
TOTAL FtFNDS
14
The financial statemfflts on pages 6 10 17 were approv&1 by the I'tstyand autlx)rised forissue on 14
Treaburti"
S¥"¥reta

ST MARY'S EPISCOPAL CHURCH, BIRNAM, DUNKELD
NOTES TO THE ACCOUIYTS
ACCOUNTING POLICIES
Basis of preparation
The financial statements have been prepared in accordance with Accounting and Rew)rting by
Charities= Statement of Recommended Practice applicable to charilies preparing their
accounts in accordance with the Financial Reporttng Standard applicable in the UK and
Republic of Ireland (FRS 1021 (¢ff¢¢tive l January 2019) - (Charities SORP IFRS 102)), the
Financial Reporting Standard applicable in the UK and Republic of ireland (FRS 102). the
Chariti¢s and Trnb1e¢ Investment (Scotland) Act 2005 and the Cbarities Accounts {Scotland)
Regulations 2006 (as amended).
St Mary's Episcopal Church meets the definition of a public benefit ¢ntity under FRS 102.
Assets and liabilities are initially recognised ai historical cost or transaction value unless
oihenvise staled in the relevant accounting policy notes.
Going concerjj
The ttustees consider that there are no material uncertainties about the charity's ability to
continue as a going concern.
Income and endowments
Voluniary income including donations. gifts. legacies and grdnts that provide core funding or
are of a general namre is recognised when the charity has eniitlemenl lo the income, il is
probable that the incomewill be received and the amounl can be measured with sufficient
reliabiliry.
Donation5 and legacies
Donationsand legaci&q are recognised on a receivablebasiswhen receipt is probable and the
amount can be reliably measured.
Grants receivable
Grants are recognised when the charity has an entitlement to the funds and any condilions
linked to the grdnts have been met. Where perforn]ance conditions are attached to the grant
and are y¢1 to be m¢1, the Incon￿ is recO￿lS¢d as a liability and in¢luded on Ibe balance sbeet
as def¢￿ed income to be released.
Glft aid
Incomingresour￿S from lax reclaims are included in ihe Statement of Financial Activities al
the same time as the gift to which they relate.
Expendlture
All expenditure is recO￿lSed once there is a legal or ¢onstw¢tive obligation lo that
expenditure, il ts probable settlement is required and the amount can be measurol reliably. All
costs are allocated to the applicable expenditure heading that aggregate similar costs lo thal
category. Where cosis cannot be directly attributed to particular headin&g they have been
allo¢al¢d OD a basis¢onsistent with theuse of resour(t& with centra] staff Costs allocaled on

the basis of time spenl. Other supwrt costs ar¢ allocated based on the spread of staff costs.
All expenditure is accounted for on an acLTuals b&sis and has been classified under headings
that aggregate all costs related to the category.
R*ising funds
These ar¢ ¢osts in¢u￿¢d in atlTacting voluntary income, theM8nagen￿nI of investments and
those incurred in trading activities ihat raise funds.
Charl¢able activities
Charitable expendilure compriscs those cosis InCu￿ed by the Charity in the delivery of its
activities and seTricas for its beneficiaries. It includes both costs that can be allo¢ated directly
to such activiti¢s and those ¢osts of an indirect nature necessary to support them.
Governance costs
These include ihe costs attribuiable to the charity's compliance with constitutional and
slatulory requirements, including independent examination, strategic management and
INslees's meetings and reimbursed expenses.
Taxgtion
The charity is a registercd and rccognised Charity for the purposes of applicable taxation
legislalion and is noi thcrcforc subject to taxation on ils charitable activities.
Tangible fixed assets
The Charity has the right to occupy andlor use for ils Charicable objects certain tangible fixed
assets, including the Church Buildiiw and Rectory. The title to all stsch buildings is held in
the name ofihe Trusteesofthe Di¢￿¢￿¢ ofst Andrews, Dunkeld and Dunblane. Therefor¢.
no tangible fixed assets are accounted for in ihis r¢S￿t. No consideration is payable for use
of these assets. Expenditure incurred on the repair and maintenance of Ihese buildings is
charged as resources ex￿nded in the Statement of Financia] Activities in the period in which
the liability arises.
All tangible fixed a￿et$ costing more than £3.OIN) having a value to ihe Charity of more than
one year are capitslised.
Depreciation and amortisation
No depreciation is Cha￿ed on land and buildings because they are maintained in a 51ate of
repair such that the estimated residual value of land and buildings at the date of the balance
sheet is not less than their net book value. The annual charge for depreciation would
therefore be immaterial.
Asset class
Depreciation method and ratt
Freehold inleresi in land and buildings
The cosl of buildings included in the balance sheet but not depreciated is £75,836.
Fixed asset investments
Fixed ass¢t investmentsare includ¢d at market value at the balaJ)ce sheet date. Realiscd gains
and losse5 on investments are ca]culated as the dtfference betwe¢n sales proceeds and their

market value at ihe stan of theyear, or theirsubsequent COSL and are charged or credited to
the Siatemenl of Financial Activities in the period of disposal.
Unrealised gains and Iossrsrepresenl the movement in market values dwingthe year and are
crediicd or charged to the Stat¢nKnt of Financial A¢tiviti48 based on the market value al the
year end.
C*sh and cash equlvalents
Cash and cash equivalents comprise cash on hand and bank deposits.
Fulld structure
Unrestricted income funds are ￿neral funds that are available for use at the trustee's
discretion in furtherance of the objeclives of th¢ charity.
Restricted income funds are those donated for use in a particul￿ area or for specific puwose&
the use of which is restrlcted io that area or pu￿oSe.
Pensions and other post-retiremenl obligations
The Charity is required to offer its employees participation in the defined benefit pension
scheme of ihe Scottish Episcopal Church, which is furtherdetailed in Note 13 below. PensM)D
cosis cbarged in the SOFA represent the contributions payable by the Charity in the year.
INCOME FROM DONATIONS AND LEGACIES
2024
Unrestrif ted
2024
Restricted
2024
Total
2023
Total
CongregatioTJal
giving..
Pledged Giving
Open Plate
Other
6.660
5,565
6,660
5,565
6,090
5.975
890
12,955
13,425
13,425
3 Churches Charity
Shop
Legacies
Grants
13,000
13,000
270,078
12,000
170.726
270,078
270 078
309 733
195681
io

INVESTMENT INCOME
2024
UThrestricted
2024
Restrieted
2024
Total
21123
TotAi
DTr*lend
InteTCSt receivable on bank thp(xsits
11,638
322
11,9fA)
11.638
342
11,980
20
20
545
545
EXPENDITURE ON RAISING FUNDS
21124
Unrestrf¢ted
2024
Resillcted
2024
Total
2023
Total
Investm¢nl management costs
3,788
3.788
li

EXPENDITURE ON CHARITABLE ACTIVITIES
2024
UoTt$tricted
2024
Restriettd
2024
Total
2023
Total
Clergv expenses
Stipend aTKI NatM>nal Insttrance
Tekphon¢, Irdvel and other expe￿¢5
L￿uM Costs
14369
14369
13233
1.620
ith)
14,953
829
17288
829
17288
Rectory costs
Councl Tax
Irsurance
AheratK)rLs maintenace
1568
571
1568
571
1.512
596
13224
15,332
2,139
2.139
Church expenses
Atkll￿Oll WUMIOW
Insurance
31,114
4,574
6.842
21965
2.569
2J71
5,163
5.163
6562
10564
2,791
3,087
25IM)
30.667
6562
c￿lleral Ma￿tena¢¢ & suppks
Gardening al￿ ckani
10,070
2,791
1,087
MiqgN)n
2500
19,733
10.934
69.435
Dioce5411 qUOt*
5,024
S,024
6,072
Sundry expenses
313
132
GovernADce costs
Independeni examiner fees
4?20
4J20
Total expendltsre
40,018
19,865
59,883
106,474

Stxff costs
The a￿¢gate c(k4ts W¢Te foknvs:
21124
Total
2023
TotAI
Staff ¢oJts during the yew V•fTr:
11.761
10.832
2.401
13233
PeNinc(6ts
14J69
The ny)Thhty average nim*Yr of persLYJS etryity¢d by the chaTAy okng the )rar was a5 fo]k)w5:
2024
2023
Ckrgy
112023 - 1> of the above enwbyees tl* Dcfmcd Beneftt PesTh Scheme.
lo the enybyee pe￿K￿l schenx fLY the year ￿l￿d £2.tA)8 12023 . £2,401).
No en¥k)y¢e rtt¢rrtd of nm than £(11,IXKI dwm8 the y¢ar.
T*xatlon
The charity Li a re8Biered chariy aThl li tr¢ref(rt exew from taxalK

Tangible fjx¢d *s$ets
Land *Dd
bul]dlng$
Tot
Cost
75.836
75,836
At 30 Sept¢ttthr 2024
75.836
75.836
DeprecfiatlDn
At 30 Seplemlrr 2024
Net ljook
At 30 S¢pteroEtr 2024
75,836
75.836
Land •nd buiidiD%S
St Matys R¢ctiKy. Si Matys Brnwti- refiEbts￿rt ctrts £75,836
W￿rtY detakd aTrxwe exck#ks any W￿rry in the of St Matys. Brnam haw a c05t fly
acCow￿S
The atx)ve asset i% ￿ed f￿ drect chartsbk
14

Fixed *sset Investments
2024
2023
Other investn*nts
457.861
270.725
Stoek
Exchange
investments
Cash
Deposits
Total
C•51 Priee
As ai l octo1￿r 2023
270,725
270,725
Re>a]uation
35302
35302
267282
3,418
270,7(X)
Dtsix)sa
(11&8661
(118,866)
Market Valllt
As ai 30 Septemlxr 2024
454.443
3,418
457,861
Nel book value
As at 30 Septenthr 2024
454,443
3,418
457,861
As at 30 September 2023
270.725
270,725
io
Debtor8
2024
2023
Prepayments
388
Cash at bank and in hand
2024
UDrestrfeted
21124
Restricted
2024
Total
21123
Total
Cash at baj
52.391
2291
54,682
18,369
12
Credllors: ￿nount5 failing due wlthln one year
2024
2023
Oth¢1 creditors
15

13
Pension and other sthemes
The Charity is required to offer ils employees participalion in the non-contributory defined
benefit pension scheme of the Scottish Episeopal Church ISEC). The assets of the sch¢me are
held separately from those of Ihc Charity in a fund administered by the SEC. The Charity 1$
unablc lo identify ils sharc of the underlying assets and liabililics of the scheme on
consistent and rc&8onabl¢ basis and so accounts for ils contribulions as if the scheme was a
defined contribution scheme, in accordance with FRSI 02.
The pensionco&1 charge for the year represents contribulions payable by the Charity lo the
scheme and amounted ¢0 £2.60812023 - £2.401). A full actuarial valuation of the scheme
was Ca￿led oul as at 31 Deceniber 2008 which estimated a deficit for the scheme of £8.8
million. As a result of ihis deficit, the contiibulion rate w&$ increased from 25.3 /0 to 34.9 /.
with effect from l January 2010.
A further 8cturial valuation of the scheme was carried out as at 31 December 2014 which
esiimated a surplus for the .qcheme of £1.3 million. As a result of this improvemenl, the
contribution rate was r¢duc¢d from 34.90/0 to 32.20/y wilh cffccl from l January 2016.
A further actuarial valuation of the scheme was Ca￿led out as at 31 December 2020 as a
consequence of which the contribulion rBl¢ r¢main¢d unchangcd at 32.20/0.
The lalesl ac￿arIal valuation of the scheme was carried out as al 31 December 2023 as
¢Qns¢quc￿C ofwhich the contribution rate will reduce to 220/0 with effcci from l January
2025.
16

14
Funds
B*lanct li
l Ociobtr
2023
Other
B*l*nce It
tognlsed 30 Septemb¢r
TranJf¢n giinslllosses)
Rt5OUf¢ts
tXP¢Dd¢d
2024
Ullttstrf¢itd bJnd$
Ge#erAI
Revewe Futul
27JfAI
39,675
140,0181
66.(A5
93,862
Restricted fvnds
Cknh Fa￿ & Mi%sin F￿1 261534
2&1￿38
123,6531
(66fyq51
36,622
489.896
Total FyDds
289.(YJ4
321,713
163,6711
36.622
583,758
Funds
B*l*rttt *(
l Otiober
2022
Other
to¢nlsed 30 September
TNn$krs gal￿1{1￿55e5)
Rt$ourre$
expended
Tesourrt5
2013
Unre$tritttd ￿ndS
Gthtrnl
ReV¢n￿
108534
255IM)
{106,4741
2759)
Re¥tri¢led fvDd$
Chutch Fabr￿ & mE55K￿ Fwmi
170.726
261 J34
Tot41 FUD
199J42
196326
(]{￿,474)
289.(
17

15
ADatysis •f netlssets bet￿ett fithds
UnTrstrnled
Total
fundi
2Q24
Restritted
fiwds
Tangbk r￿ed assets
FvLd asset rweStn￿nts
Current assets
Cutrent trabl￿¢S
75.836
75.836
457.861
55,070
15,iK)9)
457.861
33,fA)I
11566)
21.469
(1443}
Totsl nei asse
93.862
489,896
583.758
Unrtb%trltt•d
fund$
GeieThl
TolAI
Re8trl¢l¢d
fuD
ndi
2024
Tin8bk flled assets
FiKcd asset nve5tnrnts
Current a&set
c￿rtt IMbkn¢s
11.453
16,107
259272
2262
270.725
Tothl nei asse
27)￿1
261534
289.094
16 RELATED PARTI. TRANSACTIONS
Duringthe year.
Mary's, BiTnarn.
ceived remuneratim in hLY role asminisler for Si
Tni.slces have not received any oiher benefit$ frnm the ehArity during the year.
The 3 Churches Ch2rity Shop, 2 Scotlish registeral elmiity. o￿TateS a charity shop in fjunkeld
and makes regular conttibutions to the ihree churck% in the Dunkeld area including St Mary's.
Birnam. St Mary's weived £13.0(M) from this charity duringthe year (2023 - £12.0001.

INDEPENDENT EXAMINER'S REPORT
TO THE VESTRY OF ST MARY'S EPISCOPAL CHURCH, BIRNAM, DUNKELD
I rcpDrt on the accounts of thc charity for the year endcd 30 September 2024 which are sct out
on pages 6 to 18.
Respective responsibilities of I'estrv Members and Examiner
The Church'g Vestry memEers are responsible for the preparation of ihe accounts in
accordance with the ternis of the Charities and Trustee Investment {Scotland) Act 2005 and
Chatittes Accounts (Scotland) R¢gulations 2006 (as arnend¢d). Thc Church's members of the
Vestry consider thai the audit requirement of Rcgul&ltion 10(I)(d) of the 2006 Accounts
RegUl￿lOnS does not apply.
It is my responsibility to examine ihe accounts as required under section 44(1){c) of the 2005
Aet and to slate whether particular matters have come to my attention.
Basis of Indep¢nd¢Dt Examiner's Report
My ¢xamination was carried ouz in accordance with Regulation I l of the Charities Accounts
(Scotland) Regulations 2006 (as amended). An examination includes a review of the
accounting records kept by the charity and a compaTison of the accounts presented with those
records. It al80 includes consideratlDn of any unusual items or disclosures in the accounts.
and seeking explanations from the Vesty Members concerning any su¢h matters.
procedures undertaken do not proNid¢ all the evidence th&t would Ix requtred in an audit. and
cons¢qu¢ntly I do not express an audit opinion on thc Tricw giv¢n b). the accounts.
Independent Examiner's Statement
In the course of rny exarnination. no matter has come to my attention:
which gives me reasonable cause to believe that in any material respect the r¢quir¢ments:
to keep accounting records in accordance with Section 44(1)(a) of the 2005 Act and
Regulation 4 of ihe 2006 Accounts Regulations. and
lo prepare accounts which accord with the accounting records and complv 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
ched.
24 March 2025
Member ol'th¢ Institute ot-Lhanered Accountants of Scoiland
Mo￿lS & Young
Chartered Accountants
6 Athnll c.rescent
Perth PHI 5JN
19