REGISTERED CHARITY NUMBER: SC007380 REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 5TH APRIL 2026 FOR THE ANDREW STEVENSON FOUNDATION Page 1 THE ANDREW STEVENSON FOUNDATION REPORT OF THE TRUSTEES FOR THE YEAR ENDED 5TH APRIL 2026 The Trustees present their Report together with the Accounts of the Foundation for the year ended 5th April 2026. Scottish Charity Number: SC007380 Principal Office: Ashley Bank House, LANGHOLM, DG13 OAN Trustees: Mr David D Stevenson Mrs D Ann Wawick Mr Calum l Graham Foundlng Document The Charity is constituted by Deed of Trust in which the purposes and administration arrangements ar8 set out. Recruilment and Appolntment of Trustees The Trustees are appointed by Ashleybank Investments Limrted. Charitable Purposes The objects of the Charity are for general charitable purposes within th8 United Kingdom. The Trustees current policy is to favour charitable activities and projects in the Langholm area of the South of Scotland with an emphasis on young people and encouraging sport in particular. Review of Actlvitles During the year ended 5th April 2026 the Charity made grants and donations of £1,000 (2025, £2.OCrfJ). The Trustees are focussing on Supporting local applications and to encourage young people to participate in sport. Reserves The Charity held funds of £147,920 at the year end. The Trustees consider thal the level of funds is sufficient to fund the Charity's activities for the forthcoming year. The current policy of the Trustees is to utilise in grants each year the investment income on the endowment fund together with such further donations as rnay be received. Signed.. Mr D D Stevenson Trustee Ashley Bank House, LANGHOLM, DG13 OAN Dats: è7 Page 2 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE ANDREW STEVENSON FOUNDATION I report on the Accounts of th8 charity for the year ended 5th April 2028 and vthich are set out on pages 3 and 4. Respectivo Regponsibilltles of Trustees and Examiner The Charity's Trustees are responsible for the preparation of the Accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006. The Charity Trust8es consider that th8 audit requirement of Regulation 10(1) {a) to (c) of the Accounts Regulations does not apply. It is my responsibility to examine the Accounts as required under sedion 44(1) {c) of the Ad and to state whether particular matters have come to my attention. Ba$1$ of Independent Examlnerfs Statement My examinatlon 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 AG¢ounts presented with those records. It also includes consideration of any unusual items or disclosures in the Accounts and seeks explanations from the Trustees conceming any such matters. The procedures undertaken do nol provide all the evidence that would be required in an audlt and consequently I do not express an audit opinion on the view given in the Accounts. Independent Examiner's Statèment In the course of my examination, no matter has come to my attention that which gives me reasonable cause to believe that in any material respect the requirements-. to keep a¢counting records in accordance with Section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts R8gulations" and to prepare Accounts which accord with the a￿OUntIng 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 Arxounts to be reached. Signed: Joyce Bell ACMA Address: Sunny Bank Ashley Bank Langholm, DG13 OEB Is o) Page 3 THE ANDREW STEVENSON FOUNDATION RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 5TH APRIL 2026 2026 2025 Investment Incomo Bank Interest Received 5,417 6.977 Payments Grants and Donations for Charitable Purposes (Note 1) Bank Charges 1,000 52 1,052 2,000 2,035 Net Receipts l (Payments Page 4 THE ANDREW STEVENSON FOUNDATION STATEMENT OF BALANCES AS AT 5TH APRIL 2026 2026 2025 Expendable Endowment Fund 125,000 125,000 Income Fund Accumulated Surplus as at 6th April 2025 Net R8¢eipts l (Payments) for the Year Accumulated Surplus as at 5th April 2026 18,555 4,365 22,920 13.613 4,942 18,555 Total Funds 147 920 143 555 Represented By.". Balances at Clydesdah Bank Current Account Accruals 147,920 143,555 147 920 143 555 Approved by the Trustees and authorised to be signed on their behalf- Signed.. Mr D D Stevenson Trusteg Ashley Bank House, LANGHOLM, DG13 OAN Date: Page 5 THE ANDREW STEVENSON FOUNDATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 5TH APRIL 2026 1. Grants and Donatlons for Charitable Purposes The Buccleuch Centre- Coffee Shop Apprentice 1,000 2. Trustees Remuneration and Expenses No remuneration directly or indirectly out of the funds of Ihe Charrty was paid or payable for the year to any Trustee or to any person or persons known to be connected wrth any of them. No reimbursement of expenses has been made or is due to be made to any of the Trustees in respect of the period.