Scottlsh Char5ty Number SC007126
ST GILES, CATHEDRAL
RENEWAL APPEAL TRUST
REPORT and STATEMENT ofACCOUNTS
Forthe
ear ended 31 Decembey 2024

ST. GILES, CATHEDRAL
RENEWAL APPEAL TRUST
REPORT and STATEMENT OF ACCOUNTS
For the
ear ended 31 December 2024
Contents
Page
TnJsle8s' Report
Income and Expenditure Account incorporating
Slalement of Financial Activities
Balan￿ Sheet
Notes on the Accounts
7-11
Independent Examiner's Report
12

ST. GILES, CATHEDRAL
RENEWAL APPEAL TRUST
TRUSTEES. REPORT
The Trustees submil their report for the year ended 31 December 2024. The accounls have been
prepared iii accoidance with the Statement of Recommended Practice - AGcounling and Reporting by
Chartties preparing their accounts in accordance with Ihe Firiancial Reporling Slandaré applicable in Ihe
UK and Republic of Ireland IFRS 1021, the Charllles and Trustee Investment (Scotlandl Act 2005 and
the Charities Accounts (Scotlandl Regulations 2006 las amended).
Reference and Administrative Information
The TrustÈè% during the period were..
Admlnlstratlon
The registered office of the Renewal Appeal Trust is Sl. Giles. Cathedra, High Street. Edinburgh EH1
1RE. The charlly numbèr Is SC007126.
Advlsérs
The Twsl's advisers are as f(Alows'.
Bank..
Bank of Scotland
The Mound
EDINBURGH EH1 1YZ
Independent Examiner..
CT
Chartered Accounlanls & Inde￿ndent Examiner
61 DU￿[￿ Street
EDINBURGH EH3 6NL
SoliGilors'.
Church of Scotland Law Department,
121 George Street,
EDINBURGH EH2 4YN
Investment Advisors:
RBC Brewin Dolphin,
Atria One,
144 Morrison Str8et,
EDINBURGH EH3 8BR

ST. GILES, CATHEDRAL
RENEWAL APPEAL TRUST
TRUSTEES, REPORT l¢onttnuedl
Objectives, Activitio$, Achiwoments and Perfomiance
The main objective of the Trust is lo raise funds for the resloralion of St. Giles, Cathedral.
The principal activities in the past year have included works to replace the lighting system in th8
Thi511e Chapel as part of renewal and maintenance ahead of ihe Installation Ceremonial held by HM
King Charles111 in July 2024. The works lo replace in excess 01100 LED light sources located in the
historic and delicately carved interior involved careful planning and the provision of a bespoke saf6
access system lo each location. As part of Ihe project delicate cleaning of the woodwork was also
undertaken together with the provision of additional cushions and hangings that presents the restored
Interior In all Ils magnlflcence.
The other significant project was the replacement of the exterior lighting system lo the crown lower
and Wesl front of the Cathedral as part of the activities for the 9001h Anniversary. The majority of the
existing luminaires were refurbished with additional fillings all lo LED operation. The crown lower can
now be coloLtred to celebrate seasonal requirements with the Wesl front now also highlighted. Th8
exlernal lighting development and installation works were fully funded by donations lo the Wood
Fund.
FlnanGlal Infomiation
During the year, income lolalled £114,558 compared with £13,615 in 2023. The direct costs incurred
during the year amounted to £203,438 12023.. £361,724). The cost of raising funds and the costs of
management, adminislralion and governarTrce amounted lo £6,94712023'. £7,301) which gavo a total
expenditure for the year of £210,576 12023.. £369,223). At the end DI the year, total funds carried
forward amounted lo £193,78112023.. £288,215).
Principal risks and uncertainties
The only significant risk lo which the Trust Is exposed is Ihal of the Kirk Session of Sl. Giles undertaking
resloralion work for which there are no funds. In practice, the Kirk Session of St. Giles would not
undertake resloralion works unle55 It was confident that the necessary funds would be available lo meet
the obligations.
The Kirk Session of St. Giles, through the General Committee relies on advice from its professional
advisers, generally the archilecl, for particular projects and specialist mainlgnance aclivilies, the
civivstructural engineer or other professional firms to monitor the progress on the contracts which a
let. Ml specialist contracts are awarded Ihrough a competitive procuremenl procedure, wilh some
regular mainlenan¢e and 5pecialis1 works negolialed with tried and trusted suppliers given the nature of
the works and Ihe understanding and knowledge of the Galhedral fabric. When a ¢onlracl is awardpd,
regular meetings are held wilh the contractor to monitor progress and updated costs on the conlracl are
provided on a regular basis by the contractor and agreed by the archilecl. Insurance is taken out lor
each of the contracts when approwiate and in accordance with the various conditions required by any
grant funding body.
Reserves Policy
The Tru51 has no specific policy on Ihe lev81 of res8rves which it hol(Js, however, the cos15 of potential
projects are unlikely lo pul strain on the Trust's resetwe5. The balance held as unreslricled funds al 31
December 2024 was £64,374 all of which is regarded as free reserves. The balance held in restricted
and endowment funds al 31 December 2024 was £129,407. A description of these funds is given in note
10 to the acC(￿nts.
Plans for the Future
The major project for the start of 2025 is the major refurbishment of Ihe Rieger Organ, for which most
of the detailed planning had been completed by the end of 2024 and initial costs were already being
incurred. The preparations included the design of access scaffolding and the design for the
replacement of the life expired lighting system on and around Ihe organ case.
Preparations are also coiilinuing to refurbish and fit out the Lower Aisle, partly lo provide much
needèd office accommodation for Cathedral staff, and partly lo provide social space and facilities for
the congregation, for staff, and for visiting performers. Additional works lo provlde full accesslble
access to the Thistle Chapel and to a fully accessible toilet are being progressed. ND works will be
instructed until the Kirk Session is conlidenl Ihal funds sufficient lo cover the relevant costs are
available.

ST. GILES, CATHEDRAL
RENEWAL APPEAL TRUST
TRUSTEES. REPORT (continued)
Constitution
By Deed of Trust dated 15 January 1978 and registered in the Books of the Lords of Council and
Session on 23 Nov&mber 1978, Tru51ees were appointed to raise, hold and administer funds for the
restorallon of Sl. Giles, Cathedral. Under the Trust Deed, the Trustees have the power, inter alla. to
reimburse the Kirk Session of St. Giles, Calhedral I'ihe Kirk Session") for the expenditure properly
incurred in th8 resloralion of the Cathedral. There have been no changes lo the Trust's policies during
the year.
Governance and Managemont
Under the Trust Deed, the Trustees have the power to reimburse the Kirk Sessi(￿ for the expendlture
properly Incurred in the restoration of the Cathedral. It is, however. for the Kirk Session to agree what
works require lo be undertaken as part of the restoralion of the Cathedral. Each year the Trustees are
presented with the Report and Staternenl of Accounts and are invited lo raise any questions with the
Honorary Treasurer after which the Trustees are asked to approve the AcGounls. The Accounts are
then signed by two of Ihe Trustees. St. Giles, Caihedral is itself a Charity,. however. the two Charities
are separate enlilies.
Under the Trust Deed, the existing Trustee5 have the power to appoint new Truslees. There is no
specifiG individual training given, however. new Trustees are given a copy of the Trust Deed and the
most recent accounts and are invited to discuss both documents with the Minister of St Giles, and the
Honorary Treasurer. Copies of OSCR'S Guidance on Trustee Responsibilities are also provided.
A charge of £4.000 12023 £4,000) was made to cover the costs of iwo employees of Sl GSles'
Cathedral who work on the Appeal on a part-lime basis covering the finance funetion. The administration
of the Appeal is handled by Sl Giles,.
Income received is passed to the Cathedral Finance Office. The control over income 8nd expenditure is
monitored by the Honorary Treasurer on a monthly basis and involves the separation of Ihe duties
relating lo receipt of income and payment of expenditure which are carried out by different members of
staff. All invoices for paymènt are required to be authorised before payment.
Key Management
The Trustees consider the Board of Twslees as comprising the key management of the charity in
charge of directing and controlling Ihe charity. The day lo day running and operalins of the charity is
carried out by the Kirk Session of St Giles,. All Trustees give of their lime freely and no trustee
remuneration or expenses was paid in the year. Details of relaled party transactions are disclosed in
Notes 2 and 13 respe¢tively lo the accounts.

ST. GILES, CATHEDRAL
RENEWAL APPEAL TRUST
TRUSTEES, REPORT l¢onlinuedl
Statement of Trusteès, RÈsponslbllltles
The Trustees are responsible for preparing the Trusl8es' R8POrt and Slatemenl of Accounts in
accordance with applicable law 8nd Unlled Klngdom AccounlSng Standards Iunlted Kingdom
Generally Accepted Accounting Praclicel. The law applicable to charities in Scotland requiras th&
Trustees lo prepare accounts for each flnanclal year which give a true and fair view of the slate of
affairs of Ihe Charity an(J ol Ihe incomSng resources and application of iesources of the Charlty for Ihat
period. In preparing these acGounls. the Trustees are required lo-
select suitable accounting policies and apply them consisl8ntly',
observe the methofls and prinGiples in the Charities Slatemeil of Recommended Pracllce
(Updated 20191..
make judgements and estimates that are reasonable aTKI prudent.,
slate whether applicable accounting standards have been follow'ed, subj¥cl lo any departures
disdosed and explained in the accounts., and
prepare the accounts on the going conGern basis unless il is inappropriate lo presume that the
Charity will continue in operation.
The Tru81888 are responslble for keeping proper accounllng recor(Js Ih81 disdos8 wth reasonable
accuracy al any time the financial posiliDn of the Charity and enable Ih2m to ensurc that Ihc accounts
comply with the Charities and Trustee Inv8strnent (Scollandl Act 2005, the Charities Accounts
(Scollandl Regulations 2D06 (as am8ndedl and the provisions of the Charity's conslitulion.
The Trustees are 8180 responsible for safeguarding the assets of th8 Charity and hence for taking
reasonable steps for the prevenllon and detectlon of fraud and other IrrBgularilies.
Taxatlon
The Renewal Appeal Trust is a charity ISC No OD71261 and is recognised as such by the offi￿ of the
Scottish Charity Regulator and HMRC lor laxalion purposes. As a result, there is no liability to laxalion
on any of its income.
Approved by the Trustees and signed on Iheii behalf by:
Date
JG 24)X>-
Date

ST. GILES, CATHEDRAL
RENEWAL APPEAL TRUST
INCOME and EXPENDITURE ACCOUNT
(incovporatlng STATEMENT of FINANCIAL ACTIVITIES)
Forthe
ear ended 3
ecember 2024
Unrestricted Restricted Endowment
Funds
Funds
Funds
2024
Total
2023
Total
Income and endowments from..
Donatlons and legacles
Covenanted donations
Annual donations
Income lax recoverable
800
690
200
42,100
50,000
10,525
42,900
50,690
10,725
2.700
290
675
Total donatlon and legacifrs
Investments
1,690
9,474
102,625
769
104.315
10,243
3,665
9,950
Total income
11,164
103,394
114,558
13,615
Expenditure on:
Ralslng funds
191
191
198
Charitable activities
Direct costs (Note 31
Support costs (Note 4)
203,438
203,438
6,947
361,724
7,301
6.947
Total Charltable actlvltles
6.947
203,438
210,385
369,025
Total expenditure
6,947
203,629
210,576
369,223
Net incomel(oxpenditurel before
movement on investment assets
4,217 (100,235)
(96,0181 1355,6081
GalnsllLosses) on investment
assets
1,584
1,584
1,775
Net movement in funds
4,217 {100,235)
1,584 (94.434) (353.8331
Reconclllatlon of funds
Total funds brought foN4ard
60,157
200.931
27.127 288,215
642,048
Total funds carrlad fornard
64,374
100,696
28.711 193,781
288.215
A slalement of recognlsed gains and losses is not shown as all gains and losses are recognised above.
All of the above results are derived (rom continuing aclivilies.
The Notes on pages 7 to 11 form part of these accounts.

ST. GILES. CATHEDRAL
RENEWAL APPEAL TRUST
BALANCE SHEET
As at 31 Docember2024
2024
2023
Fixed assèts
Investments {Nole 71
29,393
27,144
Current ass8t$
Debtors (Note 8)
Cash al bank and in hand
390
190.375
6,508
266,404
190,765
272,912
Uabllltles:
CTedilors: amovnls falling due within one year (Note 91
Net currant ass•tS
164,388
261,071
Total net assets
193,781
288,215
The funds oftho charity..
Unrestricted Funds (Note 101
Permanent Endowment Fiinds (Note 101
Reslricled Funds {Note 101
64.374
28.711
100,696
f￿,157
27,127
2(X),931
Total charity funds
193.781
288,215
Thp accounts were approved by the Trustees and signed on their behalf by:
rrustee
ruslee
2025
The notes on pages 7 10 11 fomi part of these accounts.

ST. GILES, CATHEDRAL
RENEWAL APPEAL TRUST
NOTES on the ACCOUNTS
Forthe
ear ended 31 December 2024
1. Accountlng Poll¢les
Ba515 of preparation
The accounts have been prepared on an accruals basis.
The accounis have been prepared in accordance wllh the Statement of Recommended Practice
Accounting and Reporting by Charities preparing thelr accounts in accordance with the Financial
Reporting Standard appllcable in the UK and Republic of Ireland IFRS 1021 and the Financial Reporting
Standard applicable in the United Kingdom and Republic of Ireland IFRS 1021. the Charilies and
Trustee Inveslmenl Iscollandl Act 2005 and the Charities Accounts Iscollandl Regulations 2006 las
amended).
The accounts have been prepared under Ihe historical cost Gonvenlion with items reGognised at cost or
transaction value unless otherwige slated in the relevant Nolelsl to these accounts.
The accounts have been prepared in pounds sterling rounded lo the nearest pound.
The charity is a public benefit entity.
Golng Concern
These accounts have been prepared on a going concern basts. Expendilure by the Trust is generally
a function of the funds available: the Trustees do not expeGI lo be requested lo disburse funds for
which a successful appeal has not been made in advance of 8 capital project. Therefore, they
continue lo adopt the going concern bBgls for accounling in preparing the annual accounts.
Flxed Assets and Depreclatlon
Only fixed assets which individually cost In excess of £IO,00012023- £10.0001 are capilalised.
Income Recognltlon
Donations, legacie5 and similar income is included in the year in which il is receivable, which is when
the Charity becomes enlilled to the income, it is probable that it will be received and the amount can
be measured reliably.
Expenditure Recognition
Liabilities are recognised as expenditure as s(x)n as there is a legal or constructive obligation commilling
the Charity to that expenditure. il is probable that settlement will be required and the amount of the
obligation can be measured reliably.
Allocat•on of Expendlture
Costs of raising fun¢Js are those associated wlth generating incoming reSoU￿eS and charitable
activities costs are those expended on meeting the Charity's objectives. Costs directly allribulable lo
raising funds and chaTilable activities are allocated lo the appropriate activily.
Support and Govemance Costs
Support costs have been differentiated betrmeen govemance costs and other support costs.
Governance costs are those of a conslilulional, straleglc, or slalulory natLJre with Tespecl to Ihe
general running of the Charity, rather than day lo day management. oiher support costs consist of
salaries and national insurance costs and are allocated 1 OOQ/o lo charitable activities of the Charity. The
allocation of support and governance costs is analysed in Note 4.
Funds
Unreslricled Funds may be used by the Trustees al their discretion to moet future capital OT revenue
expenses. Reslricled Funds are Funds where the donor has imposed a reslriclion on the use of the
Fund. Endowment Funds are permanent Funds of the Trust with only Ihe income received on the Fund
being used for a restricted purpose. The nature and purpose of each Fund is explained in Note 10.
Irrecoverable VAT
Irrecoverable VAT is charged against the expenditure heading for wh￿h il w8s incurred.

ST. GILES, CATHEDRAL
RENEWAL APPEAL TRUST
NOTES on the ACCOUNTS Icontlnuedl
Forthe
ear ended 31 December 2024
2. Trustees, Remuneratlon
The Trustees are not remunerated and do not receive reimbursement of expenses.
3. Chayitable Activities- Direct
Costs
Unrestricted Restricted
Funds
Funds
2024
Total
2023
Total
Restoration..
Monlrose Sword Repalr
External Lighting Costs
Organ Refurblshmenl Cosls
Woo(l Fund Costs
Thistle Chapel Repairs
Irrecoverable VAT
1.404
110,211 110,211
12,934
12,934
67.252
67,252 336,167
709
23,445
13,041
13,041
203,438 203,438 361,724
Direct Expenditure on Charitable Activities in 2024 was £203,438 of which £nil related lo Unre51ricled
Funds and £203,438 related lo Restricted Funds.
4. Charitabl8 Act]vltles- Support and
Governance Costy
2024
Totsl
2023
Total
Salaries and national insurance
Accounts preparation feellndependenl Examination
Fee
Audit fee {govemance costs)
Bank charges
Irrecoverable VAT
4,000
4.000
2,600
1,049
1,925
158
169
191
156
6,947
7,301
Support anLI Governance Expenditure in 2024 and 2023 was wholly altn'bulable lo Unrestricted Funds.
Unrestrlcted Restricted Endowment
Funds
Funds
Funds
2023
Total
S. Income allocation in prior yèar
Income and endowments from:
Donations and legacies
Covenanted donations
Annual donations
Income lax recoverable
2,700
290
675
2,700
290
675
Total donatlon and legacies
Investments
3,665
9,204
3,665
9.950
746
Total income
12,869
746
13,615

ST. GILES. CATHEDRAL
RENEWAL APPEAL TRUST
NOTES on the ACCOUNTS (continued)
For the
ear ended 310ecember 2024
6. Employees
The Trust has no direct employees but relies on assistance from adminislralive staff employed by the
Kirk Session of Sl Giles, Cathedral. The cost of this assistance was recharged by the Kirk Session lo
the Trust as disclosed on page 3. Neither of the employees who assist in the adminislralion Df the
Appeal received emoluments above £60,000. The lolal number of staff directly assisting the Appeal
was 2, both of whom are part-lime12023 - two part-lime). The lolal staff cost recharged from the Kirk
Sesslon to the Appeal was as follows-
2024
2023
Gross wages and salaries
4.000
4.000
Total
4,000
4.000
No pension provision is made for any of the staff. The above costs are wholly attributable to
Unrestricted Funds. The Trustees consider the Board of Trustees as comprising the key management
of the charity in charge of dlrecllng and conlrolllng the charity. See note 2 for details of Tnjstee
remuneration.
7. Investments
2024
2023
Market value al 1 January
AddiliDns during the year
Disposals during the year
Unrealised gainslllossesl in investments
27,144
6,989
16,066)
1,328
25,016
5,590
15,1301
1,668
Market value at 31 December
29,393
27,144
The cost of Investrnenls is £29,07412023 - £27,898)
8. Debtor$
2024
2023
Sundry debtors
Payments in advance to SLtppliers
390
448
6,060
390
6,508
The debtor balances in 2024 consisted of £390 in unrestricted funds and £nil in restricted funds (2023..
£6,508 unreslrlcted and £nil reslricted)-
9. Creditors: Amounts Falling due within one Year
2024
2023
Trade Creditors
Due to St Glles, Cathedral
Sundry creditors
2,896
20,156
3,325
4,000
7,841
26,377
11,841
Creditor balances of £10,600 and £15.777 related lo unrestricted and reslricled funds respeclively in
202412023.. £6.239 £5,602 respecllvely)-

ST. GILES, CATHEDRAL
RENEWAL APPEAL TRUST
NOTES on the ACCOUNTS Icontlnued)
For the
ear ended 31 December 2024
Tran5fers1
Balance at
Outgolng
1 January
Incoming Resource
2024 Resources
s Revaluation
Balance at
31
December
2024
10. Funds
Permanent Endowment Fund
Thistle Chapel Endowment
27,127
1,584
28,711
Restrl¢ted Funds
Thistle Chapel Income Fund
Thistle Chapel Fund
Music Fund
Lighting Works
The Wood Fund
The Memorlal Fund
Organ Refurbishment
99D
2,885
1,899
769
11911
1,568
2,885
1,899
115,257)
122,096
440
112,9341
102,625
(117.8821
{72,6211
194.717
440
(12,934)
200,931
103.394
{203,628)
100,696
UnrestrScted Funds
General Fund
60,157
11.164
16,9471
64,374
The majority of th8 regular donations re￿iVed are recelved on an unrestricted basis. Where restricted
funds are received, they are segregated and only expended in accordance with the donor's wishes.
Income from the Thistle Chapel Endowment Fund may only be used for the upkeep of the Thistle Chapel.
The income from this Fund, if any, is credited to the Thistle Chapel Income FLsnd. The Thistle Chapel
Fund may only be used for repairs lo the Thislle Chapel. The St. Eloi's Aisle Fund and Monlrose Sword
Fund m2y only be used for those 2nd were fully expended in 2023. The MvsiG Fund may only be usBd
to purchase an electronic keyboard. The Lighting Works lund is for the purposes of lighting upgrades.
The Wood Fund is generally lo be used for specific projects within the interior of the Cathedral. The
Organ Refurbishment fund is for the Organ. The Memorial Fund may only be used lo commission and
install approved Memorials within the Cathedral. The negative balances on the Lighting Works fund and
the Organ Refurbishment fund were resolved by the receipt of donations in the first quarter 012025.
Prlor year fund movements
Balance at
31
December
2023
Balance at
1 January
Incomlng
2023 Resources
Transfersl
Outgolng
Resources
Revaluation
Endowment Fund
Thistle Chapel Endowment
Fund
25,352
1,775
27,127
Restricted Funds
Thistle Chapel Income Fund
Thistle Chapel Fund
St Eloi's Aisle Fund
Monlrose Sword Fund
Music Fund
The Wood Fund
The Memorial Fund
423
2,885
709
1,404
1.899
554,328
440
746
{179}
990
2.885
{7091
11,4041
1,899
194,717
440
1359,6111
562,088
746
1361,9031
200,931
Unrestrlcted Funds
General Fund
54,608
12,869
(7,3201
60.157
10

ST. GILES, CATHEDRAL
RENEWAL APPEAL TRUST
NOTES on the ACCOUNTS (continued)
For the
ear ended 31 December 2024
l l. Analysls of Ngt Asset5 betwgon Funds las at 31 December 20241
2024
Net
Assets
Current
Current
Assets Uab51itles
Investments
Unrestricted fun(Js
Reslricled funds
Endowment fund
74,974
682 115,791
28.711
(10,600)
(15,7771
64,374
100,696
28,711
29,393 190,765
126.377)
193,781
Analysis of Nét Assets betsyeen Funds las at 31 December 2023)
2023
Not
Assots
Current
Assets
Current
Llabllltles
Investments
Unrestricted funds
Restricted funds
Endowment fund
17
66.379
206.533
16.239)
15,6021
60,157
200,931
27,127
27.127
27.144
272,912
111,8411
288,215
12. Capital Commilments
The lolal amount of Capital commitments outstandlng as al 31 December 2024 was £212,802 for the
refurbishment of the calhedral organ.12023'. £nill
13. Related Party Transaction5
The accounts of the St Giles, Cathedral Renewal Appeal Trust are Gonsolldaled into the consolidated
accounts of St Giles, Cathedral as the Charity's major purpose is lo raise funds the restoration of Sl.
Giles, Cathedral.
During the year staff costs of £4,00012023'. £4,000) were recharged by St Glles. Cathedral lo St Giles.
Cathedral Renewal Appeal Trust.
St Giles, Cathedral also donated £50,000 to St Giles, Cathedral Renewal Appeal Trust which is shown in
restricted donations and was re￿iVed for the lighting works.
The balances due to St Giles, Cathedral is shown in note 9 of the accounts.

INDEPENDENT EXAAIINER'S REOR T TO THE TRUSTEES
CT:
ON THE FINANCIAL STA TEMENTS OF ST. GILES CA THEDRAL RENEWAL APPEAL TRUST
I report on Ihe accounts of Sl. Giles Calhedral Renewal Appeal Trust for th8 year ended 31 December
2024.
This repofl is made lo the Trustee as a body. in accordance with the leims of my engagement. My
work has been undertaken lo enable me to prepare the accounts on behalf ol the Trustees and lo
report my opinion as sel out below and for no other purpose. To Ihe fullest exlenl permilled by law, I
do nol accepl oi assume resFX)nsibilily lo anyone other than the Charity and the Trustees. as a body,
for my work or for this report.
Respective responsibilities of trustees and examiner
The Charity's Trustees are responsible lor Ihe preparalion of the accounls in accordan￿ with th
terms of the Chaiities and Trustee Investment (Scollandl Act 2005 and the Charities Accounts
IScoUand} Regulalioiis 2006. The charily Iruslees consid8r Ihal Ihe audit iequiremenl ol Regu5alion
10{11{a) lo Icl ol the 2006 Accounls Regulallons does not apply. 11 Is ryy iesponslblllly lo examlne the
accounts as required undei section 44111{¢} of the Act and lo stale vihether particular mallers have
come lo my allenlion.
Basis of independent oxamiTrer's report
My examination is carried out in accordance with Regulation 11 of the 2006 Accounts Regulations. An
examlnalion includes a revlew of th8 accounting records kapl by th8 ¢harlty and a cornparison of the
accounts pre5enled with Ih05e records. 11 also includes consideration of any Ljnusual items Dr
disclosures in the accounts, and sèeks explanallons trom 1h& Iruslees concernlng any such mallers.
The procedures undertaken do not provide all the evldence that WOLld be required in an audit and
consequently I do not express an audil oplnion on the view given by the accounts.
Independent examiner's statement
In connection with my gxaminalion. no mallgr has come to my altenlion..
which givos me reasonable causo lo believg that in any rnatOTial r8>P8Ct the requirements..
lo keep accounting records in accordance with section 4411llal ol the 2005 Act and
Regulation 4 of Ihe 2006 Accounts Regulations. and
lo propare accounts which accord wlth the ac¢ounling records and comply with Regulation 8
of the 2006 Accounts Regulations
have not bgen mel, or
2. to which. In my opinion, allenllon should be drawn In order to enable a p¥oper understandlng of
thp. 8r.r.ni Inls lo bè rgar.hg.d.
Chartered Accountants and Independent Examiners
61 Dublin Street
Edinburgh
EH3 6NL