THE PEEBLES FAMILY CHARITABLE TRUST FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025 REGISTERED NUMBER SCO05493
THE PEEBLES FAMILY CHARITABLE TRUST FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025
TRUSTEES
|
REGISTERED ADDRESS
9 Barlae Avenue Waterfoot Eaglesham Glasgow
REGISTERED CHARITY NUMBER $c005493
BANKERS
Bank of Scotland
SOLICITORS
INDEPENDENT EXAMINER = Accounting Crew Limited 8 Benview Road Clarkston Glasgow G76 7PP
Page 1
THE PEEBLES FAMILY CHARITABLE TRUST FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025
CONTENTS
Pages 3to4 Report of the Trustees 5 Report of the Independent Examiner 6 Statement of Financial Activities 7 Balance Sheet 8to9 Notes to the Accounts
Page 2
THE PEEBLES FAMILY CHARITABLE TRUST TRUSTEES' REPORT FOR THE YEAR ENDED 5 APRIL 2025
The Trustees present their report and the financial statements of the Trust for the year ended 5 April 2025.
STRUCTURE, GOVERNANCE AND MANAGEMENT
The Trust is constituted by means of a Trust Deed.
Trustees may be appointed by currently serving Trustees.
The Trust is a recognised Scottish Charity reference number SCO05493
RISK MANAGEMENT
The Trustees assess the major risks to which the Trust is exposed on an ongoing basis and have established procedures to mitigate those that are identified as a result of these reviews.
REMUNERATION AND EXPENSES OF TRUSTEES
The Trustees did not receive any remuneration during the year.
TRANSACTIONS WITH TRUSTEES AND CONNECTED PERSONS There were no transactions with Trustees or Connected Persons during the year.
CHARITABLE PURPOSES
The Trust's principal activities are the support of Christian Ministries and meeting Social and Economic needs in Scotland and abroad. Individuals and couples received gifts through support of the Trust. The Organisations which have benefited from the Trust's gifts this year are as follows:-
CARTSBRIDGE EVANGELICAL CHURCH: Where the Trust made a contribution to the overall ministry carried on by the church and to its wider ministry in the developing world.
ECHOES OF SERVICE: Who distribute cash to foreign Christian missions as well as distributing cash to those involved in social, educational and medical work abroad.
TOTAI FOUNDATION: Who are engaged primarily in a medical ministry to people in Trinidad in Bolivia. They are also engaged in social ministry with underprivileged young people. They run football and basketball teams.
SCRIPTURE UNION SCOTLAND: Who are involved with young people in schools and camps.
SHARED HOPE: Who are a Scottish Charity that operates in the developing world received the largest contribution from the Trust of around £50,000.
In addition to the above, smaller contributions were made to other Charities.
Page 3
THE PEEBLES FAMILY CHARITABLE TRUST TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025
FINANCIAL REVIEW
The Trustees’ activities for the year resulted ina surplus of £24,946 (2023/24- a surplus of £32,465).
TRUSTEES
The Trustees who served during the year are shown below.
This report was approved by the Board on the 10/10/2025 2025 and signed on their behalf.
Secretary
Page 4
INDEPENDENT EXAMINER'S REPORT TO THE PEEBLES FAMILY CHARITABLE TRUST FOR THE YEAR ENDED 5 APRIL 2025
| report on the accounts of the charity for the year ended 5 April 2025 which are set out on pages 6 to 9 and the accounting policies set out from page 8.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts in accordaance with the terms of the 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) (a) to (c) of the 2006 Accounts Regulations does not apply. It is my responsibility to examine the accounts as required 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 kept 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 | 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: (a) to keep accounting records in accordance with Section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations, and (b) to prepare accounts which accord with the accounting records and comply with Regulation 8 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.
The Accounting Crew Limited
8 Benview Road Clarkston Glasgow G76 7PP 11/10/2025
Page 5
THE PEEBLES FAMILY TRUST STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 5 APRIL 2025
==> picture [460 x 474] intentionally omitted <==
----- Start of picture text -----
|||||||||||
|---|---|---|---|---|---|---|---|---|---|
|Restricted|Unrestricted|
|funds|income funds|2025|2024|
|Note|£|£|£|£|
|INCOME|
|Voluntary|Income:|
|Gifts|Under|Gift Aid Scheme|3,732|7,395|11,127|36,620|
|Other|Gifts|S85|22,060|22,645|25,243|
|Tax|Recoverable|933|1,849|2,782|9,155|
|Back dated|tax|recovered|1,136|1,136|-|
|Interest|on|back dated|tax|66|66|
|Investment|Income|2|31,711|31,711|33,278|
|Total|Income|6,386|63,081|69,468|104,296|
|EXPENDITURE|
|Direct|Charitable|Expenditure|for|Christian|and|Social|
|Ministry|in|Scotland|and|Abroad:|
|Gifts to|Individuals|1,495|5,890|7,385|20,220|
|Gifts to|Organisations|4,891|66,123|71,014|71,451|
|6,386|72,013|78,399|91,671|
|Other|Expenses|
|Administration|and|finance|costs:|.|
|Bank|charges|228|228|212|
|Other charges|60|60|90|
|Accounts|fee|240|240|240|
|528|528|542|
|Total|Expenditure|6,386|72,541|78,927|92,213|
|Net income/{expenditure)|before|transfers|0|-9,459|-9,459|12,083|
|Net income/(expenditure)|before|other|recognised|0|-9,459|-9,459|12,083|
|gains/(losses)|
|Othe|recognised|gains|(losses)|
|Realised/unrealised|gains/losses|on|investment|assets|3|0|34,406|34,406|20,381|
|Net movement|in|funds|0|24,946|24,946|32,465|
|Total funds|brought forward|0|918,021|918,021|885,556|
|Adjustment|
|Total funds|carried forward|0|942,967|942,967|918,021|
----- End of picture text -----
There were no recognised gains and losses other than those reported in the Statement of Financial Activities
The notes on pages 8 and 9 form part of these financial statements
Page 6
THE PEEBLES FAMILY CHARITABLE TRUST BALANCE SHEET AS AT 5 APRIL 2025
==> picture [407 x 295] intentionally omitted <==
----- Start of picture text -----
|||||||
|---|---|---|---|---|---|
|Notes|2025|2024|
|£|£|£|£|
|FIXED ASSETS|
|Investments|3|835,765|801,359|
|CURRENT|ASSETS|
|Debtors|4|40,920|46,395|
|Cash|at bank and|in|hand|69,830|74,324|
|110,750|120,719|
|CREDITORS:|Amounts|falling due within|
|one|year|5|3,548|4,056|
|107,202|116,663|
|NET CURRENT ASSETS|
|NET ASSETS|£|942,967|£|918,022|
|THE|FUNDS|OF THE|CHARITY|
|Statement of|Financial|Activities|942,967|918,022|
|TOTAL FUNDS|£|942,967|£|918,022|
----- End of picture text -----
==> picture [158 x 58] intentionally omitted <==
----- Start of picture text -----
- on behalf of. | )-)
----- End of picture text -----
Trustee 10/10/2025
The nates on pages 8 to 9 form part of these financial statements
Page 7
THE PEEBLES FAMILY CHARITABLE TRUST NOTES TO THE ACCOUNTS ’ FOR THE YEAR ENDED 5 APRIL 2025
1 ACCOUNTING POLICIES
la Basis of preparation of financial statements
The financial statements are prepared under the historical cost convention. As modified by the revaluation of certain assets and in accordance with the Accounting and Reporting by Charities: Statement of Recommended Practice (FRS102) as amended by Update Bulletin 1, applicable UK Accounting Standards, the Charities and Trustees Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006.
1b Investments
Investments are stated at market value as at the balance sheet date. The Statement of Financial Activities includes the net gains and losses arising on revaluation and disposals throughout the year.
| 2 | INCOME FROM INVESTMENTS | 2025 | 2024 | |
|---|---|---|---|---|
| £ | £ | |||
| UK - Equities and Bonds | 31,711 | 33,279 | ||
| Interest on cash and deposits | - | - | ||
| 31,711 | 33,279 | |||
| 3 | INVESTMENTS | Other | ||
| Investments | ||||
| Other than | ||||
| Loans | Total | |||
| Cost orvaluation | £ | £ | . | |
| At6 April 2024 | 801,359 | 780,977 | ||
| Cash Invested Gain on revaluation | 34,406 | 20,382 | ||
| 835,765 | 801,359 | |||
| Investments at market value | ||||
| comprised: | ||||
| Corporate Bond and Equity Income | 835,765 | 801,359 | ||
| At5April2025 | £835,765 | £801,359 |
Page 8
THE PEEBLES FAMILY CHARITABLE TRUST NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025
| 4 | DEBTORS | 2025 | 2024 |
|---|---|---|---|
| £ | £ | ||
| Tax recoverable | 2,360 | 8,895 | |
| Loansto Individuals | 37,500 | 37,500 | |
| Other | 1,060 | ||
| £40,920 | £46,395 | ||
| 5 | CREDITORS | 2025 | 2024 |
| £ | £ | ||
| Educational Bursarytobe distributed | 373 | 1,898 | |
| Hospice fundraiser to be distributed | 400 | - | |
| Other | 2,775 | 2,158 | |
| £3,548 | 4,056 |
Page 9