OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2024-10-05-accounts

APPEIKJIK2 The Peter Brough Bequest Fund Receipts and SC003958 OSCR ments accounts Scott￿h Chanty Regulator 24 Seciioii A Stateii)enl of receipts and paymenis Vnr¢stnctéd knds Expgndabl8 Porfflan8nt Tot31 funds fvThJ rth pBrio A1 RIC￿Pt% tknns110Tr5 Grant5 ReTriptsfr¢m ￿￿01$181r4 •¢bYrf GrL>SS Iradiry te(tipts Ir￿)￿e1r0ffl mveslffeits otlwlhaTr OT¥J ￿ik￿n9$ Rents l & t￿ik￿n GroBS fBceipts frvm Dlh8r¢F•riWJ6 41n2 42,762 540 750 Al Sub toi•l 4#.782 49.782 44290 A2 Re￿[pty Iroma88Ot & Inv¢strnonl 80 ProEB8d8 frtw offixrd Prc¢88ds frcffi sale ￿l￿vestrntrlt5 A2 totsl 3.500 383,500 JBJ,50t 383,50D 181,04B 161,048 Totalrnceipts 433.282 433.232 20$.338 A3 Payfyw) Exwn5e5 forfundts￿lVJ aLivths Gr055trthng InvÉsiTrwit mahwJemeni costs Payment5 rpL4lng toth81it Actiwties Grants donotiun 10J11 10,316 9,TI6 4<018 44.010 47.858 Go¥ernarKe ￿&. ALhl I IDdgpendwi &K4rryrb Prepor2lion of an1￿01 aCDYJn15 Lesal co815 ISJ12 1A912 21,600 A3 Sub tLal 70.246 70.246 80,764 A4 Payments relatlng to ass￿ 8n+J ithvtsinni mOv•m•￿tt Purthases of 8ssats Purtha$8 ol Iniièltménts 374,338 374,336 374330 154.622 A4 Sub to 374.33B 154.522 Tol•lp•ynwls 444.584 235.286 11.3021 11,302 A5 Transf•rsto I (from) lunds Swplu5 11.302 11,302 28,948

APPtNLXX2 The Peter Brou Section B Statement of balances h Bequest Fund SC003958 Tc4illaiiPth DEtails fund B1 ¢￿h fund• ,500 79,440 SwplLtslldelT•r hinw•Mt Tathl Oll• DrLwotsu*• D•t• of 20

APPENCXX2 The Peter Brough Bequest Fund SC003958 Section C Notes to the Accounts C1 Nature and wrpose ol funds (may be 61atedon an8lysis of lunds wtyktheets) Ch8rftab fcf organrsabjns aTrJ carltles maty In PatsIeY￿d D￿1( area. Type olaclivity ot project 5uppGrfed Numb•rrfw4Th1¥ C2 Granls 31 44.018 T￿11 44.01fj C34 Trusts• remu￿ra￿on If Th) r8munerab¢M) was paMI the to atry thrilytrL￿Pe or person conrrste(I tD ¥ trLLStee cffjss thÉ b)Xlolhe￿￿$e tomplète sec1ion 3bl Authtsrity under wh￿h pald C3b Trustse remunerntion. details Feesof¢15912were 3iC ro ms.rycn rr2%e.r Ma¢Rot4rts LLP. 15,912 C4a Trust•e expens0• Irno exFeThses were pawj b) any dumg Ihtn cross thi% box {oththsise cornpt8 sectKsn 4bl ol C4b Trustee eXpen$￿- details at NaiuTe of rgtion5hi 14aturg ol tran5aGlh)n riod•Th4 CS Trans￿10n$ wlth trustees and connected perso C6 Oth¢r Infomlation The Twst Yras esi8Wished Lnler Trustwd DsposrtTM SdO8m8nt by P6tsr Brough. dated 5th November 1879 an¢ registeree In Books & Counal of Sco¢land 25th J￿V 1883 Tt obi8c15 01 the trust are rMrKJt>i ofJFecific rdohYJS. educat￿￿ and charibb objects for the benefof cerrin Insts"lu￿Jn$. tharilaNe organisabons and irMlpdhltsaLs, partulatyithin tt Paisley area. Receipts and Payiments ascR 2Q24 l&whX4WToaa5.111 C*sNnb?r2007

The Peter 8rough Bequest Fund Schedule of Investments SC003958 Inveytrn£nts 245 CL¥T￿￿Tr S)YJt 21.014.57 93 NwA¢b66 ¢hiwyShB 2S.6￿ 760 Ordiw SharnBO.Ip 21JI0.40 Sw 23.4b1.81 170 (￿d￿s￿￿•s ￿Us SD 25 19.054.&) 31 CknACDmmun Stsk a438.02 7 BP 0￿￿￿¥ry$￿jrnsoru$S0.lS 21259 150 51QL ofuswn1 25,6TI.64 Copmon Sbx oFUSXI25 2BaGO.16 eoAc 810 OrdkwyStrwe¥ [￿?8 1Q111 15M95 25.WO 10p 5,500 OrfinoryStwr850.Ip 26J45.to l1.0￿￿0￿1nary &lares 1p 1rf6.IXI 14 rson F¥ E 15.5 ord￿ary sThar•gd npv 15 HEfft￿ I .2W Ea￿tyL? IKIGBPI 15.456 11.WO 0rdlnwy3￿rnSO01p 17 REIT 19.￿ Ord￿￿Tr shu48d Ip 1fflf) 1& JDth50Th a 2W USD1 Sbx* 19 JPM Clwse Co 160 CommoD&ttk Usclf

.7T1.Y 20 PMDr 4.YKJ ol So 24.iYX) Japan IrKtyThe(Y2 Inc l¢W) 28.524. 22 Is Lld 22.iKII Ikréhty Por￿ PGr￿ I 18.343ffj3 12.rK¥) C¥dhrys￿re$d 24.rn)D) IOO Orthnary*hAm USSO.¢)XUffj2S

25 bAYara￿VK Sma Com 16.1xK>(kd￿ary sha￿ ot2p Tr￿l 16JX).i Tr 34.￿ LOl￿ry$r0￿$￿x) 2F Na 2.$10 Ordinaryshart of 12.43lP 26.114.43 370 iJSDO.01 23.ffj8.44 125 O+TiniD Wc 420 Ordirw 1 22251. RTX Co 220 $￿v$￿1 20.955.to 17.ODO Oongry shoresof 1p 47.tsJ.(O 2.7W OrthndrySh0￿ o15p 21193m 810 EL).07 Ordlnarysh 20M17.75 180$Thas ofNPV 27.48&1 41 NÈ 1.5W U5D03J 17.cAfAI 42 SPDR S8ri05TruslS&P 970 USD￿￿113￿ats Gep 57.3PT.ty) 43 1.100 ￿hnaryS￿ ofsop XJ.21&L¥) 44 Ststhk&Cts 210U5w.riJY c￿￿￿0￿ Str￿￿ 15.466. Co 340 Cor*mon sto& oflPV 19￿1.￿1 520&41r￿ty shaw of3 1I9p 24076 47 V 11Ra￿rtS Ir 120Commw Stock USDO.01 1Sffj51_15 1.127.5LYJ.34

APPENDIX 1 oscr,- per￿ slarl dale Mwth Year 2023 Period end ¢Jale Monlh Year 2024 Day To Offir* of the Scottish Charity R•gulator Reference and administration details Charlty narno Other narnes charlty Is kn<Mn The Peter Br<KKJh Bequest Fund Re9i$tered charity nurnb•r Charity's prfn¢ipal address SC003958 Clo Mort¢)n Fraser MacRoberts LLP Capella. 60 YO￿ Street Glasgow Post￿16 G2 8JX Names of charlty trust8￿ on datè of approval of Trustees, Annual Report Trusteo name 0ffl¢o Iir any) Dates acted ff 114foT4btholo yoar: . Name of. (or Ix•dy) entitled to 10 11 12 13 14 16 17 18 19 20

APPENDIX 1 Reference and administration details Names of all other charlty trustees durlng the perlod. If any. (for exanple. those who reslgned part way through the financlal perlod) D*•s arthd rf notforwhoh y•ar Structure, governance and management Type of governing document The Trust was established under Trust Disposition and Settlement by the late Peter Brough, dated 5th November 1879 and registered in the Book9. Council of Scotland 29h July 1883. Trustee recruitment and appointment The Trust is ￿lminiStered by the Trustees acting from time lo lime. Any hanges in Truslees are effected by means of the appropriate Deeds of Assumption and Resignabon, signed by the acting Trustees and sueh Trustees beir¥J appointed or resontng under such deeds. Objectives and activities Charitable purposes The objects of Ihe Tru51 are Ihe prorrbots.on of specific religious, educalional and charitable objects for the benefit of certain inslitulions. Charitable organisations and inth"vidLta15. partKul¥ly in the Paisley area. Summary of the main activities In relation to these objects There are no swJnif￿nI restri¢b'ons on the Trust's operations. Funding of the foregoing objects is ach￿ed by the cdleclion of income on investments fflade on behalf of the Tnjsl by the Trustees, acting on appropriate inveslrnent advice from stockbrokers elc. The stockbrokers fcr the Trustees are Rathbones Inveslment Management. Glasgow.

APPENDIX 1 Achievements and performance Summary of the maln a¢hlev•ments of A deficit of £11.302 arose in the year. the charity during the flnanclal period Financial review 8rief statemént of the charity's policy on rèsèrvès Any unexpeniled incfjme is accumulated and carried forward for use in ftjlure (knnalions. ary deficit artsing from éonalions made in excess of income collected in any year Ilogether with any aC￿MUlated income carried forward) will be off-set by income anlicipaled in the next accthinling year. Details of any deficit A deficit of £11.302 arose in the year. This was furKled by cash rese￿eS brought forward from earlier years which were reduced frorn £50.500 10 £39.198. ThLs is in line with the Iwst's policy outlined above. Oonaiod faeiliti&s and sorvlcgs (11 any)

APPENDIX 1 Other optional information The investment policy of the Trusleos is balar￿ed as lo income and gr¢wAh, and donations are made from income and not capital in all bul exceptional circumstances. Thè Trusl's invèstments have performed satisfactorily in light of market conditions generally during the period of Account. By obtaining appropriate advice, the Trustees are taking all steps necessary lo ensure that any major risks lo which the Trust is exp058d are identified and appropriate action laken where required. Declaration The trustees declare that they have approved the trustees. report al)ove. Slgned on behalf of the charlty's trustees Signatur¢{s) Full nam•{$l Posltloll1o.g. Trustee Chair) Dat• 20 May 2025

Independent Examiner'5 Rewrt to the TTllStee5 ofThe Peter Brough Be4￿1 Fund I report on the accounts of th¢ charity for the year ended 5 Cktober 2024 which consist of a Trnstee.s' Rewt RectlPLS & Payments Actounl. o St31ernent of ￿14￿¢¢5 and notes Ihereon. This rcport Is solely to thc Trustccs. as i Immty, Lll accordance with regulation I l of the CharitlLS Accounts (Scoilandl RtgulatiDn$ 2(KhS_ My work has Eten undvtaken 50 that I might stale Lo th¢ Tn￿l¢t5 those matt¢rs l am T¢qUITed ￿ statr ￿ them in an Inde￿ndent examiner's )rt and foT no oiher puryw. To the full¢sl exlenf permitted by law. I do not accept OT &%sume resix)n5ibilily lo anyone other than the Tr￿￿1 and the Trustecs as a b￿. for rny work OT for this Re$ptttive responsibilitits Of trustees and txamither The charity's Iruslces are rwnsible for the preparation of the aceounts in aceordance with the iemts of the Charities and Tn￿lee Inve$im¢nt (kotlaThd) Ad 2005 aThd the Charities Accounts {SGolland) Regulations 2006 las amendcd). The charity tnLStreS Consider th&t the audii r¢quircmcnt of Rcgulation 1011) (# l ￿ Ir) of the 2(K16 Accounts Regulatyons docs not arply. It is my re$p)nsibility to exarnirte the a¢¢ounts a5 required unts Sedion 4411) (c) of the Aci and ￿ slate whether parlicular matters have come to my altenlitsn. Bajis ofilldependent exY4mintr s stattment My examination is camd out ￿ accordatlce with Kegulation I l of thc Chatiiies Accounts {S¢¢t[aT￿} R¢gulalion5 2(M16_ An Examinatson indud¢5 a review of the accounling recorés kept by the chanly and a c¢JnpaTl50n of the accounts PTe5erted with Lh￿ records. It also includes n5ideration of &ny unusual ilems or disclosures in the accounts and seeks explanations fmm the from th¢ iru5txs conG¢rniThg any such ¥nattus. The ￿dertaken do not Provide all the evidcnLe thdl would be required in an audLL. and consequently I do express an a￿1￿[ opnLon I lh¢ view given by the a¢counts_ Independent examiner's StateD￿nI In the course of my txaminatson. no matter has come to my ad¢ntion'. which gives me rcasixthle believe in any matrnal t¢$p¢¢t th¢ wuir¢mrn - to keep accountin8 rec￿￿$ in accordar￿e with Sttiion 44(1) (a) of the 2WS Act and Regulation 4 of the 2(K>6 A¢Gounts Regulations. and - to prepare accounrs which acc4)rd with the a¢£OUnlin8Tccords and ￿ t(xxJply with Rrgulalion 9 ofrhe 2006 Acc¥xu)t5 Rrgulaliim$ have been meL or 2. to whi¢h, in my Opinio￿ attenuon sh¢m￿d Ix drawn in order to enable a pr(yerundeystartdillg of the accouThts to be rcxhcd. D*c." 3 July 2025 Aimslrong Waison l.LP Glasgow