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2025-05-31-accounts

WEMYSS CHARITABLE TRUST PROFIT & LOSS ACCOUNT YEAR ENDED 31 MAY 2025

Income
Rent
Interest
Donation from WCF
Gain/ (Loss) of Investment
Transfer from WCF Bank to WCT
TOTAL INCOME
Expenses
Property Maintenance & Renovation costs
Alarm
Travel costs
Investment Charges
Bank Charges
Legal and Prof Fees
Charitable Expenditure
Donations
Rents Paid
TOTAL EXPENDITURE
NET INCOME
Year to
31-May
2025
£
0.00
24,674.24
334.08
0.00
11,130.37
0.00
40,761.51
1,600.00
175.48
0.00
3,328.71
10.00
300.00
5,414.19
10,000.00
2,400.00
12,400.00
17,814.19
22,947.32
0
Year to
31-May
2024
£
23,761.84
550.29
676.47
63,259.10
1,613.26
92,724.05
0.00
168.72
76.00
2,198.42
0.00
804.00
3,247.14
1,000.00
2,400.00
3,400.00
6,647.14
86,076.91
0

Notes

Donations Children’s Safety Education Foundation £500 Rosslyn Specials School Donation £4,000 Fife Railway Preservation Donation £5,500

WEMYSS CHARITABLE TRUST BALANCE SHEET YEAR ENDED 31 MAY 2025

Fixed Assets
Heritable Property
Investment
Current Assets
Dividend/ Interest
Bank
Other
Capital & Reserves
Opening Balance Equity
Retained Earnings
31-May
31-May
2025
2024
£
£
476,738.57
476,738.57
284,645.23
222,220.75
21,108.84
60,586.00
21,108.84
60,586.00
0.00
0.00
21,108.84
60,586.00
782,492.64
759,545.32
759,545.32
673,468.53
22,947.32
86,076.79
782,492.64
759,545.32
0
31-May
31-May
2025
2024
£
£
476,738.57
476,738.57
284,645.23
222,220.75
21,108.84
60,586.00
21,108.84
60,586.00
0.00
0.00
21,108.84
60,586.00
782,492.64
759,545.32
759,545.32
673,468.53
22,947.32
86,076.79
782,492.64
759,545.32
0
759,545.32
673,468.53
86,076.79
759,545.32
0

APPENDIX 3

OSC r

Office of the Scottish Charity Regulator

’ Independent examiner s report on the accounts V2

Report to the Wemyss Charitable Trust trustees/members of

Independent examiner’s report on the accountsV2 Independent examiner’s report on the accountsV2 Independent examiner’s report on the accountsV2 Independent examiner’s report on the accountsV2 Independent examiner’s report on the accountsV2 Independent examiner’s report on the accountsV2 Independent examiner’s report on the accountsV2 Independent examiner’s report on the accountsV2 Independent examiner’s report on the accountsV2 Independent examiner’s report on the accountsV2 Independent examiner’s report on the accountsV2
Wemyss Charitable Trust
Registered charity
number
On the accounts of the
charity for the period
Set out on pages
Respective
responsibilities of
trustees and examiner
Basis of independent
examiner’s statement
Independent examiner’s
statement
Signed:
Name:
Relevant professional
qualification(s) or body
(if any):
Address:
SC 005789
Period start date Period end date
Day Month Year Day Month Year

1st
June 2024 to
31st
May 2025
The charity’s trustees are responsible for the preparation of the accounts in accordance
with the terms of the Charities and Trustee Investment (Scotland) 2005 Act and the
Charities Accounts (Scotland) Regulations 2006. The charity trustees consider that the
audit requirement of Regulation 10(1) (d) of the 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.
My examination is carried out in accordance with Regulation 11 of the Charities Accounts
(Scotland) Regulations 2006. An examination includes a review of the accounting records
kept by the charity and a comparison of the accounts presented 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, I do
not express an audit opinion on the accounts.
In the course of my examination, no matter has come to my attention
1.
which gives me reasonable cause to believe that in any material respect the
requirements:

to keep accounting records in accordance with section 44(1) (a) of the 2005 Act and
Regulation 4 of the 2006 Accounts Regulations, and

to prepare accounts which accord with the accounting records and comply with
Regulation 9 of the 2006 Accounts Regulations
have not been met, or
2. to which, in my opinion, attention should be drawn in order to enable a proper
understanding of the accounts to be reached.
Date:
15 November 2025
Date: 15 November 2025
BACC ACMA (Chartered Institute of Management Accountants)

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APPENDIX 3

Only complete if the examiner needs to highlight material problems.

Give here brief details of any items that the examiner wishes to disclose