The Weatherall Foundation Trust
Reglstered kn Scotland
Charlty No. SC (￿22
Report and Finanoal Stalemanis
Year Ended . 30th June, 2024

The Weatherall FouNlabon Tnjst
Contents
Page
Legal and administrative infomiatic
Report of the trusteos
Report of th& independent examiner
Recelpts and payments ae¢ount
ststament of 8alanee$
Notes fomiing part of the financlal ststements

The Wethr811 FourMlatK>n Trust
Legal and admlnlstrallve Infommllon
Trustees
R•gisknrod Offic•
Gillesp￿. Gifford & Brown LLP
135 King Street
Castle Douglas
DG71NA
Independent Examiner
Farries. Kirk and fvlcV6an
Chartered AGwunlants
Dumfrles Enlerprfse Park
Healhhall
DuMfr￿9
DG13SJ
Bankern
Roy81 B￿k of Scotland ple
133 King Slreet
Castle Douglas
DG7 1NB
HSBC Private Bank IUKI Limited
78 St James's Stre81
London
SW1A 1JB
SoAcltors
Gilw. Giffo￿ & Brcvm LLP
135 King Street
C4sde t)ougla$
DG7 1NA
PwJ8 1

The We8theral1 FtyJKlafion Trust
Report of the Trust8•8 for the y•ar •nd•d 301h June. 2024
The trustees submit their annual report and Ihe independenuy examined financAal ststements for the year
ended 30* June 2024. The Weatherall Foundats"on Tnjsl is a thantabk unincorporated association.
Govgrning d￿ument
The Foundation is an Unl￿OrpOrat￿l charity ￿ is govemgd by a Twst l)*d.
Oblectlves of Ihe Trust
In accordance wi(h the Trust Deed. the obj&* are :.
the relief of poverty
b. advanc8ment of edu¢ation
G advancgmenl of relIg￿n
d. advancement of heaNh
. advancement of citizenship or community devebpment
f. advan￿ment of the arts, heritage, culture ￿ science
g. advancemént of human rights
h. advancement of environrnenlal prolecbon or improvement
i. rglEf of thos8 in need through ￿e, ill health and disability
j. advancement of animal welfare.
The charity 1$ organlsed so that the tru$tee$ meet regularly to manage rts affalrs. Full time adffllnislralion of
the Trust Is v8$ted wth Glllespb, Gifford & Brown LLP, Solicitor
R•vlow of •ctlvltl•• and futur• d￿￿0Pm0ntr
The income and expendilure lor the year is Sel out in the Re(xipts and Paymonls AGcounl. T￿rg arg no
Inlend&J chang8s lo the way Ihe Trust acts In tho foresaoable fulute.
Inve$tmont poll¢y
Under the Tru31 Deed the ITuslees are nol limiled on the partleu18f lypeg of non4ash inveslmenl that may be
made. The trustees have consldered the most appropriate policy for investing lunds arg 5atlsfled wlh the
t¥esenl porilolio.
Re8em•
The present level (rf lunding is adequate to support the conllnu8lion of lh8 charftable actlvities to prwnl
levels and trustees con8lder Ihe financial posrtion of Ihe ¢hadty 10 be Saiisfaclory.
TrustO88
The Truste83 listed on page one seNod throughout the year undw review except where 8F*fled drfferently.
They did not receive any ￿muneration or benefits during the year.
Rgcrultment and appolnknent of trusts•s
The management commhtee has the power to 8ppolnt &JditrJnal truslo&$ 8$ tt cKJnSkIe￿ fit lo do 80.
Rlsk management
The irustees actively revi￿ the major risks whth the charity fxes ￿ a regular ba&s and believe that
malntaining Te5erves at currenl ￿lS wlll prO￿￿e surrIc￿ThI resou￿5 in the event of th8rs8 condilions. The
truslefjs have also examined other operalional and b￿lnesS th lawl by the charity aTrJ confimi they have
established systems lo mi11gate the signfficanl iisks.
4 March 2025 and s*JwJ on Ih8ff behaff by.,
Page 2

The W8therdl FourKl8tM)n Twst
Rewt of the Indopend•nt examlner
To thè m¢mbeJs of The W•ath•ralt Foundation Trust
I report on the accounts of Ihe cha￿Y forthe ye&r ended 30" June 2024 which are set on pages 4 to 10.
Rosp•¢ti¥* rn3ponslblllti¥s ol trustees and gxamlner
The charity's trustee$ are responsible for Ihe pieparal*)n of the accounls in aecordanee w5th the teTm$ of the
Charities and Tiuslee Inveslment (S¢t*lar￿ Act 2(N)S and the Charities A¢eounts {Scodand) R8gulalM8 2CQ&
The chanty tfuslees consider that the audit requirerrent of ReGulaUon 1011)1814c) of the Ac£ounts Regulatigns
dces not apply. 11 L8 my respon8ibTrllty lo examine the ￿CoUnts as requlred undor section 44{1)Ic) of the Act
and lo Slatè whether partkuiar rnattfj￿ haNp ccme to my attenllon.
Ba•h ¢f Ind0P￿dent examlnorfs statem•nt
My examinaUon is carried out In accordance 4vlth RgguJath)n 11 of tha Ch8rilh?s Accounts IScoll8nd)
Rogu&lion$ 2006. An examination includes a rgvw of Ihe acyxiunting record8 kept by the charity Hnd
comparison of the accounts presentad wilh Iho8e recoid8. It also indudes consideration cl ony unusual ilemi
or dis¢106ures in the accounts. 8ncl seeks expl8n8tion$ from trustees concerning any such matters. Th
procedur85 undertaken do not piovide 811 lh8 eMdenc• that would be required in an audil, ond CC¥nsequentty I
do not expreJ8 8n audit op￿lOn on the giwen by the axounts.
Indep•ndent examln•rb •tstem•nl
In the cour88 crf my examinalw. no maller ha8 ¢>Jme to my 8ttgnt1￿l,
1. whth glv•8 me reasoneble cause to beTheve that in m#leri•l resp•rt the rgquirements,.
- to ke8p accounling records In accordane• *llh S•ct[C￿ 44 {111819lth9 2005 Act Regulation 4 oftho
2006 AccoLsnts Regulattons. and
- lo prepa￿ accounts whKh attord wilh tho accounling recon18 and cCffl￿ wlth R•JulatwJn 9 of the 2006
Accrjunts Regulation8
Have not been mel, or
2. 10 whlch, in my OpIn￿n. 8tlenlw)n ¥hould be drnwn in order to enable a proper und¢rJtandlng of th• accounts
rairies, & MGVeail
Dumfri*8 Enierpri5e Pafk
Ho*hhall
Dumfnes
l)G1 3SJ
4 March 2025
Page 3

The Weatherall F(MNKlation Twst
Roc•lpts & Payments A¢¢ount lor th• yoar ond•d 31Xh June 2024
Unrestrlcted Funds
2024
2023
Recelved
Divid8nds received
Interest received
Foreign Exchange Gain
153,622
8,507
147,175
1,001
Total rncelpts
148,1
Payments
t)on8lion8
Admlnlstrallon
Forelgn ExGhange L08S
54.450
234,750
12.536
2,779
Total payments
47.29
8u¥plu81 {D•fl¢ltl for year
103,932
-99.117
Fund balances brought f0Th￿Id at 1* July
213,836
312,953
Fund balances carrled forward at June
£317,768
£213,836
Page 4

The Weatherall FouTrJab"on Trust
Ust of Balances as at June 2024
2024
2023
Inv•stsnents
£2,421,420
£3,418.416
Cash At bAnk
Opening balanGes
SurplusllDeficrtl for ypar
213.836
103.932
312,953
-99,117
Ck6kng bal8rtL
Uabllltl•s
£14.400
£7,200
Fund$:
Unreslrioted fund8
£317.768
£213,836
ned on their behaw ty:
TnJ8iee
P￿5

The Weatherall FourKlalion Trust
Nots$ foming part of the financial statements for tho year ended W JU￿ 2024
1 Accountlng Pollclès
Basis of proparatlon
The financiaj slalements have been prepared under the h¢storical ￿st wnvention and on a receipts
and payments basis.
2 Invgstments
2024
2023
rdin
84,OCK) Ordinary Shares
2.350,877.05
3.350,065.5S
10.000 Ordinary Share5 of 25p
27,698.C(I
27,628.00
2,000 Ordlnary Shares of 25p
3,000 Ordinary Shargs of 25p
42,845.
40,722.50
2.421,420.05
3.418,416.05
In a¢¢ordan¢e wlth the Charttie$ SORP {FRS 102).A¢￿untin9 and Reporting by Charilies:
ststement of Recommended Practic8 applicable to charities preparing their accounts in accordance
with the Fin8ncial Reporting Slandard applicable in the UK and Republlc of Irel8nd IFRS 1021
leffectlve 1 January 2015),. Inve$lments affj Carni￿ al market value.
3 Cash at bank
2024
2023
Royal Bank of Scotland
HSBC-GBP-"474
HSBC- GBP-'673
HSBC- USD
4.406.78
30,456.00
.00
184,143.25
136.63
314.061.54
199.75
318,668.0
214,
4 Credltorn: amounts falllng du• wlthln on• yvr
2024
2023
GIl￿sPIe. Gifford & Brown LLP Fees
FarrBs, Kirk & Mcvean Fees
12,oC￿.{)O
2.4¢J).00
6,000.00
1,200.00
14,400.
7,200.00
Unrestricted Funds
2024
2023
General furMI
317.768.33
213.835.93
317.768.33
213,835.93
Page 6

The Weatherdll Foundation Trust
Receipts forthe year ended 30th JU￿. 2024
2024
11110123 Dbvidend on 84.000 Shares
23105124 Dividend on 84,0(K) shares
41,197.81
108.986.43
150.184.24
nedin In
h In
29108123 Dividend on 10,000 shares
24111123 Dividend on 10.000 sharos
01103124 Dividend on 10,000 shares
31105124 Dividend on 10,1￿0 shares
320.00
320.00
320.00
415.00
1,375.00
20109123 Dlvidend on 3.000 shar6s
20109123 Divid$nd on 2.000 shares
22112r23 Dividend on 3.000 ¥hare3
22112123 Dividend on 2.000 share8
15103124 DivSdend on 3.000 shores
15103124 Dlvldend on 2,000 shares
17106124 Dividend on 3,000 share8
17106124 D4vidénd on 2.01)0 shaffts
382.50
255.00
285.00
190.00
285.00
190.00
285.00
190.00
2,062.50
29109123 RBS Accounl
30109123 HSBC GBP Accounl S210￿73
30109123 HSBC USD Account 809012-0001
31112123 HSBC GBP AGcount 62100673
31112123 HSBC USD Account 809012Q￿l
28103124 RBS Accounl
31103124 HSBC GBP Account 82100673
31103124 HS8C USD Acc(￿nt 809012￿r￿1
30106124 HSBC G8P Aco)unt 62100673
30106r24 HSBC USD ACc￿nt 809012-OCK11
26.30
1.813.88
1.43
1,923.35
194.44
50.98
2.012.83
1.98
2.480.17
8.507.16
£162.128.90
Page 7

The Wealhernll Foundation Tntst
R•c•lpts for the year ended 30th June. 2023
2023
IAath
16109122 Direct Credit
12110122 Dividend on 84.000 shar8S
10105123 Dlvtdend on 84.000 thares
1.244.87
37.069.73
1(￿.050.58
144,365.18
In
01112122 Dividend on 10,000 shares
27102123 Dtvidend on 10.000 $har88
05108123 Dlvidend on 10,000 shwes
31XJ.00
300.00
410.00
1,010.00
16109122 Dividend on 3,000 Shares
16109122 Dividend on 2,000 shares
20112122 Dividend on 3,000 shares
20112r22 Dividend on 2,(w)O sharns
20103123 Dividend on 3.000 sharos
20103123 Dlvidend on 2,000 shares
19106123 Dlvidend on 3,000 share8
19106123 DSvtden(l on 2.000 shares
337.50
225.00
247.50
165.00
247.50
165.00
247.50
165.00
1,800.00
30112122 HSBC USD A(xounl 809012￿)1
31103123 HSBC USO Account 809012-Crf)01
30106123 HSBC USD Account 809012-(K101
30106123 HSBC GBP Account 6210C673
141.04
7.11
1.25
857.67
1.001.07
£148,176.25
Page 8

The Weathern]l Fwtthion Tn
J24
03107123 TheVmTw8t
OM17123 AbsoKJb C*sKs
05107Q3 Jack The Lad FouTrJat
17107Q3
mac￿￿1￿ Corter Sutvxt
27107123
Beats￿ Cancer Cb8rty
1510W23 The Gathn F¢xmdthi
2W09123 Ukrwnt- stopped
2WW23
Th¢ G(*¥ L￿fe
5.C*)O.LKs
3.LX)O.00
1.c￿.00
1.IY)O.IKS
05110123
DEl￿n Owdo• Lld
05110r23 7h• CfKhtcn
05110r23 v￿lon￿ & ￿b•rt Mu¥ew
05110rxJ All￿m¥s¢9￿￿d
05110123 Her1•¥ Ltd
09110123 Young LN•5Vo
10110123 cl￿
1W10rk3 Bord•r• Fryell Tnmt
05112Q3 P•thYi¥w'• Iw•knnd
112rxJ New Athnlur•¥ Chwty
05112123 Roy•l Tnth HrwK•
2effj2RI
Klrkr&kdbr¥hl 2(m Ltrj
04103Q4 StAndrwn Prim•ry S¢lK
19103124 Crfehlon Four¢•t￿n-810pF0d N(*R•*Md
19102124 Cthhlon F¢ur*•kn-P•wMd
22103124 Hopfvl
27103124 Jwr•' Pt•¢•
2.CQO.00
2.lY)O.
2.C¥)O.LYI
2.rm.c
i.r*JJ.
2.rKrtJ.C41
S,[￿.C
S,c#x).riJ
S.[￿].(¥]
o.r*>).L*J
2.r*xi.c•J
1.rthi.c•)
1.rthi.c•J
17104124 M*cmilH*n C¥w 8uFWt
20105rd4 AbE01￿ ¢l•••k•
271c￿4
SlY￿k
2.5(X).
54,450.00
LSE- Entty Id¢rfrfw Ip•
30105124 ¢h*p¢l Lw A￿rI￿n
Chw
854.17
988.17
2.778.53
Page 9

Payfflgrrts Wort￿year8nd¢d Jolh ZWIJ
2023
07122
12108122
ith CatL*ment Fv4hwy Tnmt
Lakg Drslricl Cahf*rt T￿
IWD8122
Soi*ll H08PI(•
121D6122
SI M￿hael5 Chtsreh
12106122
Bèrea4*ment Tiust
31ILIO112
Crrhton E*ate
05109122 Chhdk FoubKI
(IW09122
Ab8LYul• CIw*e8
07109122
Durnfr￿5 ChTMlm01 Fw
2W09122
Fyefy Irrt•rnalkn41
IW10122 Outwthrtj orio¥• lUOCiI
24110122 Ch•rf* W4¢r Tw*t
27110122
FuiL•rton The¥lre
2W11122
Nfiiv)nil TnJ•t
23111122
N*N)nal G8lbry Tn*t
1W12122 IrW*Ddonc• Irom Drup Scoiknd
OW01123
Chtl$o1 Okj Chwth PCC
3¢Y01123
Catthmenl F55hwy Tn￿1
07102123
OW02Q3
27102Q3
2PJ02123
041tM123
PapyN>
290412)
S•rn4rlt¥mi
25ff04f23 A&hvimor8 So¢Y4ty
25I04Q3
M*Milan CanctrSuFWI
2￿14r23
car￿•1 UK
17105123
Crth Found•ti
17105123
Oe8lqn Llm
14106Q3
14106123
14108123 The Ha￿ T￿*t
15.000.C¥I
zeoo.
5.000.f
ZSOO.LWJ
1.000.C
144.QOO C
1.SOD.IX
2.500 0
750.C
S.QOO.
1.000.C
$00.
5.000.
9.100.
900.
5 000.C
1.000.tr)
7.500.Tr)
SQO.Cé)
s.￿0.(￿1
2.000.C
600.C¢J
1.800.DJ
soo.
6¢0.vJ
s00.cbj
S00.C
soo.c
S.￿0.C•)
3WO.C
3.c￿0.(M)
2.500.C()
Firelly- Appe
M•w8'6 Centré
234.750.00
28107122
27fts7122
2Y08ft2
¢lltlord 8 LLP_Fe• VAT
Law Aceountanl
es,
rk & M¢Vean- Fee ￿ VAT
LSI- Legal Eroty Id•￿tr￿f l••
17103123
Gill-s￿le. Crflord & LLP-F•• p&¥• VAT
23103kJ ￿ Ltsw At￿n1•nI
H58C B8nk Ch•rg•• ¢£1451.68 rtlurrfl £1.$47 101
6,024.ly)
186.fK)
1.200.IXI
78.IX)
s.0￿.0)
133.BD
-95.42
ar
12.S36.38
£247.293.18
Page 10