Chgrlly Reo181r4tlon No. 8C007411 IS¢otlandl THE J. & J.R. WILSON TRUST FINANCIAL STATEMENTS FOR THE YEAR ENDED 9 FEBRUARY 2026 THE A9 PARTNERSHIP LIMITED Chartered Accoiintants 57109 Hlgh Slrggt O(irtblfino FK46 OEE
THE J. & J.R. WILSON TRUST LEGAL AND ADMINISTRATIVE INFORMATION Tru$lgè6 K H M8¢kenzle Di B A M Dulhle A J C Plumlree Dr E C Ren¢k E Geddes {AppolNle(t 6 K48y 20261 ChqTIty numbor (8¢otla#dl SC007411 Prliiclpal addresB & s¢¢rètary Bartys, a braneh olwilghl, Johnaton & Muckenxle LLP 61 Hlgh Slfèel Dunb18nè Porfhshlre FK15 OEH Audltor TheA9 Partn6i$hlp Llmlted 57159 Hlgh Street DunblanÈ Perth$hir8 Scotland FK?5 OEE sollcltors Barfys. • branch ofwrlghl, John81on & M8Gkenxé8 LLP 61 High Slreel Dunbne Perthshlre FKIS OEH InvoBtmpnt advlsor8 Evelyn Parlrters 177 Bolhwell Sli¢61 Glasgow G2 7ER
THE J. & J.R. WILSON TRUST CONTENTS Pmgg Tw818es report Slalemenl of I{ee5 re3pon8tbllilles Ind8p8ndenl audltoff8 rèwl Slalemenl ol lJn8nclal acllvilley 10 Balan sh991 11 Noteg lo the flnan¢lo1 $18lemen16 12.18
THE J. & J.R. WILSON TRUST TRUSTEES REPORT FOR THE YEAR ENDED 9 FEBRUARY2025 The Ifusl¢g$ presei)I Ihelr annuHI Teport and flhand8181alemonl$ lorlhe yr eTrdèd 9 Februory 2025. The finand81 slalemenls have been prepgred In accordance wllh Ihe ac¢ounllng pdicSe8 8el oul In nole 1 1¢ tha financl¥l $laieMenl$ and ¢ompty wllh the Irusl'5 goveinlng dDcuniBnl, the Chgrtlles dnd Tiu$t80 InvaBlmenl ISco118nill Act 2005, the ChaillleB Accounts ISeoll2ndl Regvl8llons 2CK16 las amended) "Aw)unlln9 and Reporting by Chatlll8s'. Slal6mènl ol Recornmended Pf8clice 8ppIIBoblp lo charflles preparlnu Ihelr 8¢¢ouiil$ I accordance vAlh Ilio Flnan¢lo1 RepoTllng Slandaid 8pplIcalO In Ihe VK ond Rapubll¢ ol Irtsland IFRb 1021" leff•clive I Jpnu#ry 20191. Oblo¢tlv99 and a¢tlvltl68 Tho J & JR Wlson Twsl vias sel up by Mr JohrL Kfjlson In memory of hls giandfalher, John Wilson, end hls lalher, Jomes Rankln wiiaoh. John Vvllson mOd lo Plllo¢hry on hls 1ollr6menl bul pKevlously he and hls fallier and grandlalher were farm$rs on thè 6asI 8lde ol Glas9¢)w. Mr Wlson wi$hed thè Income from h18 eB1816 lo be ol bènèfil lo Scotland and Ihe fjlgsgow 8réx In pariicul8r. Accoidlngly Ihe pr4nGlpal purposet ol Ihe TIUBI &fa lo SUPPDrt charllabl& bodles lal ¢8rlng lor the eld&rly, prlmailly bLtI not exclv8lvely In Glasgo%v Iha Wosl ol ScollBnd and {b) ¢arlng1or 8nlm8ls and biid$ (whetlior dom8sllc orwld) vthicl) work Is lo be carriad oul prlmarily bul i)ol excluslvely In Scolland. Allhough Ihe Tmslwas Sel up In February 1989 the Dnty a88&1 d thè Tm81 was £10 unlll loll¢)wJnu Mr Wlson's dealh on 22 Jme 1990 the u$8818 01 tho reslduB ol h18 ¢81019 of £1,703,710 were tr•nsferred lo Ihe Tru$l. The ftrsl Ttu81 Accounts cov6r6d th8 pèriod from the Incepllon ol the TN81 on 10 Febwary 1989 to 9 Fabruary 1992. The admlnlslrotion ol th8 eslg18 W88 completed In November 1991. SlgnlflGanlAc¢lvltlo8 The Trusl lusfil$ Ils oble¢llv6s by Ihè payment of gf8nl$10 relèvant ch9ri1abl8 bodle8. Gront.maklng pollcl08 )1161 Iha TFuslees hov¢ wld6 powers, In pro¢llce there are m¢re Ihan 8tsificl&nt ca518 on Ihe5r lund$ Ir(Ko chailli88 perallno In Glasgow and Ihe W881 ol Scolland (ln Ihe o&se of Ihe eldeilyl &nd Scolland a8 a whol& (In lh9 case ol anlmal8 and blfd$l. A$ 8 reBuII lh8 TNsleos 8re not, as a gengral iule. &ble lo enlvrt8ln 8ppllcallons liom chailli88 oul vilh thèse categorl85. R8qu881s for donallorls ar8 Inv8811galed cgrelthly and wh6re 8ppioprialg Ihe TN81ees vlsll Ihe charfll05 concerned lo eheck Iha carrylnu oul ol the pvrposes ol Ihe donalion.
THE J. & J.R. WILSON TRUST TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 9 FEBRUAR Y 2025 Grant fundlny acllvllle8 giderly Accord H08pke Age Scoll8nd Afzh8lm8rs Scotland Ardgowan H05plce Aslhma and Lung Ul< Ayr8hlre Hosplce Baillieslon Communlly Care BoalioulcArls B Tlllsh Red Cross Bri115h Imicless (QT the Bllnd CBncer Support Scotland Caierts S¢oll8fi(1 Chosl. He8A & Stroke Scolland Crossraach Crossroads Coring 8¢ollènd DaHodll Club for Ihg Eldeily DeafA¢lion D2al Blind Scollaftd Frl•nds ol Pillochry Hospllal lasgow Glly M1s61on Ql889tsw C8r8 Foyndalfon Goad Momlng Servlce Hèarlng Dou8 foi Deal People Ilourglass Independ8nlAg In18rfooh Transport Kllbrydg Hosplce Llngo Flatlllngo Lodglhy Hou80 MIs81on M&culor So¢loly Maguies CAnceT Cara Cenlro MaTie Gurle Morlb Curle Ho8tyc6 Mcmlllgn C8no*r Support Music In Ho8p1181$ 8nd Care Nordoll and Robblns Gla8govl8 Golden GenerallDn Parklnsons UK Sceuènd Penumbra Playllst lor Llle Prlnce & Piln¢os8 ol Wa198 H08FAce PSPA R6vlv8 M8 Rulherglen Communlly Carers S¢olll8h Hunllnglon'sA88oclellon S¢ollish Opèr Sl AndreWs Hosplce Sl Margaret% HostM¢o Sl Vln¢enls Hosplce SlralhcBrron Hosplc8 Th8 Salvatlon Army VlsOb51ily S¢o118nd Tijtsl. Eldgily 2,000 500 5,000 2.OOC 1.600 2,000 2.000 500 1,QUO 1.500 2.500 600 2,000 2,000 1,000 2,000 1,000 2.QOO 500 2,000 1.000 2,000 3,000 1,500 fj,000 3,000 2,000 2,000 2,000 2.000 2,000 2,000 2,000 3,000 2,000 3,COO 2,000 1.000 1,500 2,000 1.500 1,000 500 2,000 1,000 2.000 3.000 2.O¢JO 2,000
THE J. & J.R. WILSON TRUST TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 9 FEBRUARY2025 Grant Fundlnu A¢llvltl¢s- Anlmal8 and BITd8 B8rofts H8ugh, RSPB 3,000 Buglile Scoll#nd 2,OOD BulleY Con8oNollon Scolland 1.658 Bumblee Conservation Trvsl 1.000 Eftslern Lowlands Red Squlrrel Groirp 1,000 G188gow Rldlng foi the 015gbled 2,000 Give a Dog a Bone 3,000 Hero Paws 1.000 Hors8b8ck UK 500 Mossbuffl Comfflunlly Farm 1,000 PDSA 8,000 Savlng and Rehomlng Slfay8 600 Scolli8h Seablrd Centr& 1.ODO Scotllsh Wldlllo Trust 3,OiJO Souih ol S¢otland Wldllla Hospllol 2.000 S8PCA 6,000 Slray Cg1 R98cue Flfè 5QO The BSg Piclure 3.000 The Guld0 Dogs lorlhè Bllnd As90c1811on 3.000 TIA Greyhound and Lurchfjr RZSS- Wildcal Prolecl World Hor88 Welf8r8 F-UK rolal -Anlm818 & Blrds 3,000 2,000 00 ¢h?rllable Acllvlllos The Trusl88s aio $allsfled IhAt during the year Ihè Tms18chleved 118 oblecllvas. Det&lls ol Ihe In¢om& and expenthl(Ire for lh$ yéai tho movernenls on thè Unre$ld¢ied Fund 8r8 sèt out Ir* Ih allached sl8lÈm8At of FlnantlalA¢livlllè$ And Balgncg She81. Durlng Ihv yeRr don4llon$ mada 01 promlsed lo ch8tllles In support ol Ihe eldeily amounlad lo £93,000 (2024., £87,300) aiid lo ¢harllles In support of animols ad blrds amotinlgd lo £46,fs58 {2024-, £47,3QOI. In 8ddilioE) don3llon$ ol£NII (2024.. £NIII wer6 In occordancevllh commllmen18 m8de In prevlgus yè8r8. Fln8nclo1 rovlow In lh8 year ended 9 February 2025 Ihe incomlng resourrps lo1gllèd E154,652 12024.. £157,238) vAlh rGsovfc05 exp¢nded lolalllng £198,28612024'. £176,668) ol whl¢h £15,424 IB due Irorn ¢epllal leaving a deficll on revenu6 01 £28.210. The unie&ll$ed gBln on Inve51menls lor111o period lotalled £236,70112024.' k)85 £208.961). Th9 reallsed loss on th6 dlsposal ol Investments was £2,124 12024,, £NIII iesulling In a lolal galn of £234,577 {2024,' Ios8 £208,961> on Inveslmpnls. Con8équenlly there h85 been a nel increase In fijnds ol £190,943 12024.. nel (i?cregs8 In lunds ol £228,291). The lo141 ILJnds al 9 Foblry 2025 wefè £4,513.95812024.' £4.323,0151. In managlng the charily finance8 Ihe Tiuslges make8 gi$Thl$ ol mo81 ol th• r6voftuè Inconie for Ihe year. Th81869 c811 al80 allocate Ihg ¢4pllal ol the ¢harlty11 regul, bul hRVè not don& 80 In Ilils year. Th8 Irusl86s conslder that th6 edmlnl8lr8lfve asslslance fee ol £30,84B 8rlso 50% lo bolh revanu& & catal. Inv88linen19 Qfe $hown al nwrkol valug In th8 balance shogl.
THE J. & J.R. WILSON TRUST TRUSTEES REPORT ICQNTINUED) FOR THE YEAR ENDED 9 FEBRUAR Y2025 Golng concgrn The Trust Is not ¢ommllled lo any ¢onflrmed grants p8y8bl8 after Ihe year end and had tha ablllly lo vary olher granl ¢ommSlmenl& lo earrespond Iha Tiusl'b lulute Income. The Twsl ol$o has $allsf8clory levels rif ro8eNas BNI In Ihg Ilyhl ol these facls Ihe Tru8lees aro oonfid8nl Ihot lttey CEn conllnue lo operato IOT th8 lore8e88ble fulure pnd lo bèlleve Ihal lh8 go%ng ¢oncern bas1$ ol rounllng Is sppwoprlale IOT the$¥ nftpnclal 8laleme¢)IB, Tharè are no known mal$rfo1 unceMalnllBs about tha Tru$ls ablllly to conllnuè as a golng concern. RasgNes pollcy 11 Is Ihe pollGy ol the Iwsl that unre$lrl¢led fundo whl¢h have not beeri dfj$l9naled lor 8 8peclfi¢ uge 8hould be malnlalned al o 16vel 6qulval8nl lo tyBlwèen threé and slx monlh% expèndllwe. The Iwsle85 conslder thAI raserves I Ihls level I11 £n6re thai In th8 &V8lbl of 8 8lgnlflc4nl drop In lundlng, th8y wlll bg able lo conllnua the Irusl'8 curienl aciivilieB wht16 ¢onsid61atlon 19 glven to wayk In whlch addlllonol lunda may ba r8ls•d. Thit lèv6101 rostsrves ha$ been malnlslned Ihroughoul the y&af. Tho expeclallon of Iha TruÈl8e816 to generate Incom& In èxcéss ol Ef50,000 In th8 lorthcomlng ar. Tha ThJst8Q8 havè an Ineom8 re8etv8 01 £50,000. The Twslee3 h&ve agietsd Ihal Ihey m8y tJllll$e the In¢ome roBem fund for speclal prol¢cl¥. Invesling111 poll¢y and oblecllvoF The Trusle8$' Inveglmonl pollcy Is lo seèk lo molThlÉln or Improve Iha18v81 of Income produced lo Èvpport the Tru81 oble¢llveÈ whllsl safegu¥rdlng the capllal ol IheTru51. The Trust's Inveslmenls aTe mangg¢d ènd regu18rfy ravlewed by IhB 81ockbrokeT8. Th8 Invellmenl ObjIlVe Is lo achlwè 4 balance bohveen Incoin6 and capital ryowth. Al g February 2025 the vElu8 oflhg Im81'$ hvèstmBnig amounled io £4,458,130 (2024.. £4,260,020) StruotuY8. gov6rnanoe and Inanallgmont The charfty Is eontrolled by118 OOV8rnlng dt)cuMèni, A dèed ol tru81 and con511tutes ah unIncooI4Ied charlly. K H Mgckenzlg H E CBifiÈgl& Dr B A M DulhS8 A J C Plumlree Di E C R8nvA¢k E Geddes {RÈsluned 27Augl 2024) IAppolnted 8 20201 Recrullmont and appolnlmpiit of Irugt¢8$ New Tru$iee$ 8r6 ie¢NlI od Ic Ihe Tru$l al the Inyilallon ol Iho exlsllng Tru8l6es. Thp ¥ecretary for Ihe TIu81 diirlng th¥ yopA lo 9 FebN8ry 2025 was Mirell8 G Mor¢hlnl. Kèy man#o•ment The Iru$leos 4re Ihp ¢hprlly's koy m0n8g¢menl. TheBg per$onnol aro In of dlrecllng, conlr(>lllng. and t)perallng lh& tharfty on a lo day ba81s, Rl8k mllnefjeinent ThB Irvsl8è8 havg glven ¢on6tdeialon lo th& major rlsk$ lo whlch lh8 chailly16 QXPQ$gd and lo lh8 8clionD 18ken lo mS1ggle ihose r18k$. Plahts for fiiturè p8rlod8 Tlie Irusl will ¢onlinue lo consldBrand $upport sullable pmjecl8. D*¢l$loii maklnu All declslons arè mat18 by Twslees al Trusle08' m8ellng8.
THE J. & J.R. WILSON TRUST TRUSTEES REPORT (CONTINUED) FQR THE YEAR ENDED 9 FEBRUAR Y 2025 The IfuDl8os report W88 approved by the Board ol TFu$lees. K H Mgckenziè Dale.,
THE J. & J.R. WILSON TRUST STATEMENT OF TRUSTEES RESPONSIBILITIES FOR THE YEAR ENDED 9 FEBRUARY2025 Tl Ituslee$ aro responslble for pTepArill9 the Tiustees Report and Ihe financlal 81Alèmanl8 In accordance th oppllcable lsw Ind Unlled Klngdom A¢couThllng Standards Iunlldd Klngdtsm Gtsnerolly Accapied Accovnllng Pracll¢o}. Th8 law appllcBble lo ¢hatltles In S¢oll&nd requires th& trustees lo prepar8 finenclal slalemenl$ for 82ch fln4nclo1 year whlch olvo a Iwe Bnd 18lr vlew ol the 81818 of affalis of Ihe tmsl and of thè In¢vmlng (&$ouree8 and &ppli¢allon oTTosources of Ihe trust loi Ihal ygar, In prparlng these Ilnancl81 slalements, Ihè INslee8 8r8 requlred lo., $el&cl 8tJll4bl& aceounllng pollcles Oll(t then gpply Ihem con818lerfy.' obsètve Iho melhod8 an(J prlnclplèB In Ihe Charili88 SORP,, - kludgm&nls and esllmales Ihol are reo6onable and prudenl,, Èlalg wh81her oppllcab16 accounllng 8tsnd8ids h#v8 bÈan lollowed, 8ubleci lo ony malwlal ijeparluiès dl$GIosad and explaln&d In Ihts flnènolgl ¥laiemon18' and prepare the fin8rs¢l81 slalemonls on Ihe oolTrJ cohcam ba$ls ue8S 11 l¥ InBpproprtal6 lo pro3uMé Ihat thè chgrliy will ¢onllnu6 In OPeFallon. The IiuBlees QTe iesponslbl6 forkèeplnp suffldenl accounllng recorde Ihal dlsclosè vAlh iea50n&blg aocuracy El any Ifrfe the financlal poslllon of the l(u¥l Bnd éneblè Ihem lo ensure Ihol Ihtr Ilnanclal 8lal8men16 comply th tho Chorllle8 and TTus186 Inv081menl {8colland) A¢1 20DS, tho Charllles Accounts IScollAnd) Regul&llonÈ 2006 th6 pVIsIonS of lh8 Iwsl deed. Th8y &r& 6180 r88poii8lblè for ¥8leguardlng the 888¢ts of the trust and hence for taking ièa80nablg Sleps for th8 prenrIQn and d8laclion ol fraud and olhgr Irregularlllg8.
THE J. & J.R. WILSON TRUST INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF THE J. & J,R. WILSON TRUST Oplnloii We hav¢ 4udil8d Ihts fjnan¢ial 91alem8nls ol The J. & J.R. Wlson Tiu81 Ilhe 'lrurs1'l for Ihe year end¢d 9 F8bTuary 2026 whlch comprlse the stalernenl of flnHn¢lal 3Ctivlll69, Ihè balance shèal and note8 lo Ihe financlpl 81alemènls, Inoluding slonlllcanl uccounung poll¢le$. The financlal reporiing Iram6work Ihal h85 been applied IA Ihelr preparation Is &ppllc8ble law and Unsied Klngdom A¢c¢unllng Standard$, Includlng Flnanclal Rèportlng siand?rd 102 Tlie FlnBnrlal R8portlng Slaiidard appllc8ble In lh& UK and R&publltr of Ir8land {UnlleiS Klngdoin Gonerally Ac¢epled Accounlln9 PraGII¢8)- In our oplnloi), Ihe nnancl•l slalemenl8'. 9Sve a Irup and lalr vlew ol Ihp ¥1ole of th8 charlty's olfalrs ?¥ 819 February 2026 ol It8 In¢oming resources 8n¢J appllcallon ol r8sources, l¢r the yoar Ihen endèd: havè beBn properly plep? kn accordBnce wlh Unl1 langdom Generglly AeplOd Accok)Trling pra¢llco', and hav¢ been yr8pared accordance wllh Ihe Ch8rlll8$ an(5 Trusleg Inveslmenl I8¢011gnd) Aci 2005 and regulallon B ol Ihg ChRrflle$Atcounl$ (scotlandl R&gulalloJi$ 2006. Bas19 lor oplnlon W8 e.onducl8d Qui oudll In a¢cordance wlh Intern8llon81 Sland8rd$ on Audlllng {UKI {ISA• IUKI) ¥hd 8ppll¢8ble law. Our r$spon81blllllo8 LIder Ihose s19ntlgrd8 8ro lurlher describBd In the Audi7oVs r6¥sponsibililles Tor lh8 8udll ol 11)e li118118[ sl8leingnl& $8cllon ol our fèport. Wg 4re IndepandBnl tsf lh8 Irusl In 8ccoidan¢È vAlh Ihe elhicgl requif8mènls Ihal arè relov8nl lo our audll of th6 Itnan¢lal slalgmenls In the IIK, includlng Ihe FRC'S Elh1cal Sl8nd8id, and we1i8va ftbllillBd out olheT elhl¢al re$p¥nÈlbllllies Ih a¢¢ord8noe th IhBBe r8qulremenl6, We bellevo Ihal Ilie audll 8vldence we have oblainèd Is suhlclenl and 8pprop¥i&lo lo piovlde o bo918 for our pplfilon. Conclu6lon8 rèlatlng to golng concern In aurliling Ihe nnancl81 slalenienl$. wp have condud6d Ilal Ihe tru$le88 u$0 o( Iho golny n¢8117 b8sls ol aecounllng In th8 piepprallon ol tha ffinanelal 81atsmBnl8 Is Approprf81a. Ba8£d on the woth w8 havg Pgrforffl¥d, w8 h9v& not Idenllffted any malerlal uncerfalnllgs relalliig to gvenl8 or condllS0118 that. indlvidually or colleellvely, May cast sloDlllcenl dovbl on tha Iru81'8 abillly lo contlnu6 ag a going oncem for 8 P8ri0d ol al16asl twelve month5 Imm whBn Ihè finencial stdiemenls are 8ulhorl$ed lor1ssu&. Our re$ponglblllll&$ and the Te8ponslbilllle& gf IhB Iwslees wllli resp¢¢l lo golng concern are de8cribed In th& relevonl 8e¢llon8 of Ihls report. 0111gr Informatloii The olher InffjimBtIDn comprf8è5 the Informallon Includ¢il In IhB Hrnuel report olhor than Ihg financi81 slalÈmenl8 and our 8udilor's report 11)&reon. The trustees ore regponslblo lol the ollier Infoimallon conlalned wlhln Ilie &nnuo1 report. Our oplnlnn on Ilie financ1 81alemonls does nol cover Ihg olher inloimatlon and w6 do nol #xpr6$5 any foim ol a$svrHnGe conclu$lon thereoll. Our responslbillly 1$ lo read the ollier Infoimalion and. In dL¥lng so, ¢on8lder whalher Ihe olhar Inlormallon Is maleiially Inconslslenl 1h the fin8n¢lo1 slal8menls or our knowledge oblalfted In Ihg cour6e ol Ili audll, or olh8Twise eppgBf8 lo be malerlally mi981aled,11 wo Idanllly such m81eiial IncofiÈislenelo8 or appaienl Mgleilal misglalemanls, we are reqvlrecllg d818rmlne whell)er thls glves rfse to a malerlal niis51alemenl In the financlal slatem8nt$ Ihems6l¥e8. 11, basèd on the work we have pfrfofnied, we Conclude Ihpl Ihere 18 8 m01er141 mlsstatèmenl ol Ihls ollier Infor¢nalloll, wo afe rBqulred Io fePQrt Ihal lacl. Wa hav& noihlno io Teport In11)l¥ réoard. M&tt8r8 on whl¢h we are ieqvlrgd lo roport hy oxcepllon Wè have nolhlng lo ieport In Te$p8cl ol the followlng malleis In rolalion lo whlch th¥ Charflle6 AonIS IScoll8ndl Ro9ulallon8 2008 requlre8 us lo reporl lo youll, In our oplnlon.. Ihè Informallon glven In lh6 finan¢18181alement8 Is Incon$l6lenl In any maledul ieoP8cI wlli Ihe Irusl¢ès rÉpgrl,' or pioper ac¢ounllng record$ h8v& ftol be8n kept., or il* flnanclal stal8menl$ are not Ih agieement with Ihe 8ecounllnu reGords; or we have nal recelv•d 011 ihe inlorn)allon and explaftallons we requlre loi oyi audll.
THE J. & J.R. WILSON TRUST INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE fRUSTEES OF THE J. & J.R. WILSON TRUST Rè6pohslb11511és of liustees As expl&lnEd more lully In the slalement ol trust881 rnsptsnBlI )iflllè$, IhÈ Intslees are feBponBlblo forlhp prep8r8llon Ilhè fin?nGlal $lalemenli and lor belng $allsfied Ihal they olve 8 true and lalT ew, Bnd for svch Snleinal control 4$ the IiusleeÈ d61ermlne Is neceg58ry lo enable the pr8P8rallon of fjnAn¢lal slafemenl8 Ihal fir6 free from maièrlal mls$l?lomenl, whelher duo 10 (raud or 8rror. In preparfng th& flnan¢lal 81818mgJ18, tha liuslees are rèspon$lblts for a8ses$ing the Iru&l'$ 8bilily lo conllnue as a uolng ¢}ceM, di$closlng> 88 appll¢obl8, mallei8 relgled lo gdng ¢èncèrn uslng Ihe ¢Dlng concorn ba$1$ ol a{ul1ng vnlB$8 Iha Im8le88 ellhor InterKI to cea88 OP8rallons, or h#v8 no reali$llc ettemal8 bul io do so. Audllor's rèspontslbllltlos for the audll of Ihg Iln¥n¢lal stat•m&nl We have been 8ppolnled as auditor vnder secllon d4{1llc) ol lh& Chaii11&8 ond Tw8198 Inveslfflenl ISGollandl Act 2006 and iepoti in acGord8n¢# w51h lh¥ Acl and iol&vanl regulallons mAde or having èlfocl Ih8réund8r. Ouf oblècllvè$ Are lo obkln T08soll8bl8 8$sur8n¢¢ aboul whelhol Ihe fJn8n¢lg1 $191omenls ai a whola 8r• freg from malerial ml88lal8Mènl. wh8lh6r duo lo f(aud or erf¢r, and lo 18suè an audilorfs ieport Ihgl hclud88 our oplnlon. Rea5tsnab18 assvigncè Is a hlgh 18v85 of 88svrBnc8 bul Is not 8 guai8nle0 Ih818n dudll conducleil In o¢cordano th ISAS (UK) V11 always dèlecl a malorlal M1881aiemenl when il 8XIBls. MIB8lalamen18 can 8rl8e from Iraud or eifor and gre ¢on51dered malèrlas If, Indivldually or In Ihè 8ggrèg81&, Ihgy could r•asonably be expeGled lo Inffu8n¢e th8 economlc declslons of users taken on the baBls ollhese flnanclo101olemenl5. ThTr gxIDnl lowhlch ow procedures gie capable of dé(96tlno Irr8gulArlllès, In¢ludlMg Ir8ud, 18 detalled balow, Irregularilt88, Includlng fraud. are Inslanc&s ol non.compllAn¢g wllh laws and wulolEong. We d081gn iYo¢8duieg In ne th our résponslbllllleÉ, oulllngd abova, to d81ecl mal8rfal rnlsstalements In respecl ol Ircegularflles. Inclurfing Irdvd._ Based on our underslandlng of the eharlly ond 118 Induslry. we idenllfled Ihal Ihg PrillGlpal f18k8 91 non- compllènee vAlh IAWS ar1 r8gulallong rèlated to UK tax 18g18lAIIDn, Anll-brlbery, data piolecllgn gnd mon8y laundering and we consldwed ihe extenl lo whl¢h non<omp11ance mlghl h8Vè 8 mèlerf81 effe¢1 on lh8 fin8nclal Ilalernonls. Wa also eonsldored Ihoso laws and re9ulallong that have a dlrecl Impacl on the preparollon ol Ihg finanGI?l $lalemenl$, such 95 Ihg Charflles and TrLt618e Inveslrn8nl (Scolland) Act 2005, Charille8 Accoun18 8¢oUohdl R¢$ulallon$ 2008 las amended) and Ihe Charllles SORP {FR8 102). W& ev811¥ Ihg Iru8lee8' and mgn8goM8nl'8 In¢8nllve$ and appomunllles lor (faudu18nl man1pulatlTr vl Iho nantlèl 8laloments (IftGludlng th6 ri$k olpverrld8 olconlrolsl and delermlned that the prfnolpal flske wre rol8led to posllng manug11ourno18nlrlg9 lo rbarnipvlale financl•l p8rformah¢8, manag¢fflenl bla8 11)rough ludggmei)16 ond a88umpllon& 11 61gnificanl &wurnllng o$llmale8. Alsp Ihore 1$ Iho r4sk of fr9Ud0n( mlsBpproprlallon of.. oa8h or olh8r assets. Our audit procedures were d69igned Iij respond lo Ihose Identlffed rfsks. InEltsdiny nDn-¢ompllènc6 vAlh law9 and T8gul8llon8 Ilrregularfll&sl 8nO frgud Ihgt grè malèrl81 lo Iho finan¢ial elttl•menl8. Our audll prwedufes Included bul werg not Ilmlled lo: DIs¢ulng 1h the Ifuslees 4nil nwn4goDienl Ihelr pr&li¢i8$ ond pr¢x6dures rBgai¢Jlftg oompNance wllh law8 and regulallon6' Communicallny Idenllfied law8 and ¥egulollons IhToughoul OUT engagement teom and Ternalning aleri lo any Indi¢811on$ (71 non.comp11an Ihrou9houl uur aLtdiL and Con61derfng Ihe rfsk ol acl8 by lh8 oharily whlth wor& conlrory lo applic&bts law8 and regulalbns. Includln9 frauol. Revlew]nu for legal 18e8 In¢uifed In tho year foi Indlc8llon$ of noÈ)-compllanc8 or lilTgallon. Rèviewtno B08rd olTru8166 me8llnu mlnul88.
THE J. & J,R. WILSON TRUST INDEPENDENT AUDITOR'S REPORT {CONTINUED) TO THE TRUSTEES OF THE J. & J.R. WILSON TRUST Our audit procedure8 in relallon lo fraud Included bulwèio nol Ilmlled lo- Maklng enqulrles ol Ihe Iw$le8s and m8ft8gèmènl on whether Ihey hed knowfedyg of gny aGlupl, su6pecl8d or allegad Iraud., Galnlng an underslondlng of lh8 Inlemal conlrds eslabll8lied to mlllgale ri8ks related lo f¢AiId.' Dl¥Fu?$lng amongsl the engauemenllgam the rlsks ol liaud-, and A<klres9iny the rl$ks ol fcAud Ihrough maiiogemenl overild6 ol conliols by parforming JouinBJ enlry tesikng. P8rforming Income ¢omplélèng98 leslSng and agreelng recelpls lo subsequonl bank lodgamenl. Performing an8lyllcg1 piocedure81o Idenllfy any unu8vAI or LW)gxpecied relallonshlp8. Becausg ol Ihe Inheronl Ilmllellons ol sn 4udll, there Is a risk thal we will not d8lecl 811 Irreguladlieg, In¢ludlng IhD$O 1g?dlng lo a rn3ltsilal MSsslalemenl In th& llnanclal gtaiemenls or noii.compllonc8 wllh iegulallons. This rf8k Incrè8¥09 Ihts moro Ihal ¢ompllaRce {h 8 Iw or regulalion Is removed from the ev8nls and Iran$a¢llons refleol8d li) Ihl) nancIal Blalemgnls. 88 we wll be lès$ Ilk8ly lo bgcom8 awaro ol In51ance3 01150n.m118e4. The ri8k18 also grètt16r regarding IrregulgrSlles o¢currln9 due lo liaud rather Ihan wror, B$ IrAud Involve8 Inlenllonal con¢¢almenl, forg9ry, ¢ollu$lttn, omlsslon or mlsrepresenlallon. Th6 prlm8ry rè8pon8lh1151y for Ihg provenllon and dete¢llcA) ol lrreou18rill88 Indudlng traud res18 wllh manag&menl. A furthei d88¢rlpllon ol OLJr ie$pon$lbllllls$ Is 8vgllable on lh• Flnancial Reportlng Ceun¢ll $ web$lle al., NIp8:11 www.ff¢,orQ.ukJaud51orsrèsponslbNllle¥. Tttls 1le5criplloii Iijrms part of our audllorfs fBpDrt. Use ol oiir repprt Th18 report l¥ niade Solely lo the cha18 Ifusle8s. as a body, In ac¢ord8nce th Regul8tlon 10 of Ihe Ch8rlllo6 Accounls (Scollalldl Rp9ul&llons 2006. Oui audll work has been und#rtakén $0 that we might sl)18 lo th& chaTiIy'8 liuslee$ Ihosg m8llers iv8 arè requlied 10 814le lo Ihem 8n audllor's report and for no othèr purpos& To th8 fullest exlenl pmitted bylaw. we dts nol accept or a58um6 re8pon81bilily lo knyon8 olh6rlh8n the ch8flly ond Ihe charily's Iwslge3 as a b¢)dy, lor Qur au¢Jll worft, for Ihls ittport, or for lh6 oplnlon8 we hqve lormed. Mi Grant Thom50n {SèNlor Sthliilory Audllorl For end on behalf ol The A9 Portneiship Llmltéd, SlaluloryAudllor CharteredAccounlRnls 57159 High Slr¢g1 Dunblane Perth¥hli8 FKIS OEE SEoll8nd Dale.. .. L?•1 -! 202S The A9 Partngrshlp Llmlled Is ellylblp for appolnlment as audllor of Iho tru81 by vlrtue 01118 ellglblllty for appolnlmenl 88 audllor ol a compuny under sB¢llon 1212 of Ihe Companles Acl 200
THE J. & J.R, WILSON TRUST STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOMEAND EXPENDITUREACCOUNT FOR THE YEAR ENDED 9 FEBRUARY2025 Unrestrlcled Unreslrlelid funds funds 2026 2024 Nol•8 Incomg from: InYa8lmenl8 164,652 157,238 Tolal In¢om0 154.852 157,2 Expèndlturg on". Ralslng funds Chadlable acllvlllg9 20,120 176,166 4,132 172,436 Totol expend1(r8 198,286 Nèt galn¥lllosse8) on Inve8tments 234,577 1208.961) Not Incomollexpendllurol movomèhl In funds 100.943 (228,291) Re¢on¢lllatlon of liiKd8'. Fund balanceB al 10 Fobruary 2024 4,323,016 4.551,308 Fund balan088 at 9 Fobrnary 2026 4,513,95 4,323,015 Th6 81atsmenl of flnand81 &ctlvllle8 IndLKles all gBlns and Ios888 recognlsed In Ihe ye8r. AN Income Hnd expendlture derlve from conllnulng ocllvillas. 10-
THE J. & J.R. WILSON TRUST BALANCE SHEET AS AT 9 FEBRUARY2025 2026 2024 NotaB Flxed a888t6 Inve81men18 4,45e,130 4,260,020 ¢TrOnI ag4918 D8blor8 Ce8h al bank and kn hand 12 9,993 75,059 14,784 71,067 85.052 86,851 Credltors: amounlg falllng dllè wlthli) onè yèar Olher Credllors 13 29,224 22,856 Nel curyonl 088ets 56,828 82,995 Total a8Aèt8 16$8 tiirrent Ilabllllles 4,513,958 4,323,016 Net a688t8 4,513,958 4,323,016 Th& fiinds of tha tiu8t Unreslrlcted fund8 4,513,958 4.323,015 4,513,958 4,328,015 Tho flft&n¢lal slal6m8nl8 were Èpproved by thg tsuslee8 on ......... .... . K H M8¢k•hzle Trug18e
THE J. & J.R. WILSON TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 9 FEBRUAR Y2025 Atcounllng pollclo8 Ch2rlty Informatloii The J. & J.R. Wlson TnFEI Is & regislered Scolllsh regl8leied charlly (Charily number SC00741118nd conslllules an unlncorporaled chailly. Thp prfnGlp41 address ol Ihg ¢h8rtly1s ¢Jo B8rly8, a bran¢h ol Wilghl, JDhn51on & m8d(enz LLP. 81 Hlgh Stet, Dunbl8n6 FK15 OÈH. 1.1 A¢¢otsntlng conv8nllon The Itnanelal 81alomen18 have bÈan prepared In 8ccord8n¢e wllh lh9 trust's goveinlng document, Iho Ch8rille8 ond Twsièe Inve91menl IS¢ollandl Acl 2005, Iha Ch$rfllgs A¢¢ow*ls IScollatKII Regvlalltsn6 2008 186 am$ntled), FRS 102 'Th& Flnancl81 Reportlng 8tgndard appllGab16 In ihe UK and Republlc ol Ir618nd' rFRS 102? and the Ch8ilUes SORP 'A¢¢ounllng and Rèportlng by Chgrf1188: Slalemenl of Rocommended Pro¢llce apIcable lo ch8tllles pt8parlng Ihelr 8c¢ounls In accoidanGg 1h Ihg n9claI Reportlng Slondefd &ppllcable In Ihg UK And Republlc of Iitland IFRS 1021. 18ffecl(vo 1 Jonuary 20191. Thè Iiu81 16 A Publlc Ben8fil Enuty as dBNned by FRS 102. The tsu&l ha8 18kon fjdvAnlag8 ol th8 piov151on8 In tho SORP foi ch9rllie4 nol to prepa a Slaièmenl ol C8$h Flow8. The ffnancl818lal&menls Ara prepared In Bleillng, Yh)i¢h 15 lh8 lun¢llono1 ¢urr#n¢y of the trusl. Monèlqry amounts In Ihes8 financlal 6lalemgnl8 8r6 round8d lo Iho near0$1 £. The flnanclal 8181em8nl8 havè been PTèp8r8d under tho hlslorlcd Gosl convenllon. modlffed lo InGluolg cert8ln I1n8n¢l Insliumonls al fslrvolue. Tho prlnclpal accounlfng pollclu8 adopleil ?r9 Sel below. 1.2 Charllablo fiinrf8 vnr65lrlcled funds aro avallablo for u88 ai the dl8crelion of thè Iruslaes In furthoranco of Ihe charfl8blo objectives of the charfty and whh have not b88n de819rtAled foroih¢r purpo88s, Th8 charllablo oblecl3 r8guiro that fund8 are BP8nt lo care f¢x Ihg elderfy and to edre for anlmals and b[8. Th8 trustee8 have Ihg power 10 8pgnd both Ihg In¢ome ond the ¢8pll81 ol Ihe chartiy, In lh8 lurthgranee ol lh8 charitabl6 ol¥ecllve$. In¢om818 rècogn18èd whon th6 Iru8118 legalty ènilll8d lo11 attef any perfoimorKe condlllons have been méi, Iho amounts can bo maasur8d rBllgbly, and1119 PTobabb Ihal Inoom¥ wlll b8 received. Debtor6 grg recognl&ed 01 Ihe 8e111emenl amounl due le58 knpalimenl Io$s98 for bad and dgublful <lobl8. 1.4 Expendlture Expendllure Is Tecognl8ed onc8 Ihero18 8 legal or ¢onslNcllve obllg&llon lo 118n8far econoinlG benefil lo Ihlrd party, 11 1$ probabla that a tr&nsfer ol ec¢ftoml¢ ben8fil6 will be requlred Ill sdilefftent, And the gMOUllt ol lh& 01911 C8n b@ r119B5ured rellably. ¢o5ts gr8 Chaffjed lo Ihe 8lalem8nl ol Fli)anclel A¢lfvlll85 ¢)n aGGtual3 b¥gJ8, IncluAlvo ol1ffèYer0bl8 VAT. Expendlluré l& tla$8117èd by a¢llvlly. Thè £0819 of esch aclivlly are made up of th6 total of dlrecl tos18 and shared co815, Includlng support cos18 Involved In undertaklng 98d) ocuvlly. Dlre¢l co818 8llrfbulablè lo 0 8lfvJI• Bcllvlly Ère sllo¢B16d dlfecuy lo Ihal acuvlly. shergd Gosts whlch ¢onlrfbul& lo more Ihan tsne acllvlly ond Btspport Eos1$ whlch ar¢ not gllilbul8bl8 lo a tslnglè 8¢llvity ar6 apporfloned b61w88n thos6 acllvlll88 01) 8 b8518 cor1918tenl whh Ihg of resourc¢$.. Rotslng n# oosls present the c0818 allrfbul8blg Ip m8Trang Ihg Invgslmenl pollcle$ lo gonèralè Income. 12-
THE J. & J.R. WILSON TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 9 FE8RUAR Y 2025 Ac¢ounllng poll¢los Icontliiiièd) Ch#table atlivllles Costs Includes cosls of granlg and donallons Incuifed dlredly In meellng Ihè oblecl ol th8 ohartly. Support cosls are ollibbulable lo Ihg man¥g&menl ol Ihg charfly 8n(S Ils financlal offglr8 Incurred In support ol dlrecl expendllLJre. Govemanca co81s, a 0gl¢gory wllhln 8UPW)rt C0818, ore cos18 allrfbulable lo compllaftce Yllh 818lulory requ1men18. LIBbllllle$ are recognlsed wkien Ihare Is obllgsllon Bl the Balance Sheet data a rèsuli of o past evanl. 11 Is probBblts Ihal a11gnsl8r ol econDml¢ ben8fi1 wlll bo Trquired In £é1116m$nl, 3nd the 8m¢xtnl ol Ihe selllemenl can be os11fftolad re118bly. 1.5 Flxoa ai$Èt Ihve$tingnl8 Ii)v8slments oro InlllHlly recognlsed al IhelT Irans&cllon valuè subsequonlly m&3$ured 8t Iholr nlatk&l valuo 9$ 81 Ihe Bal8nce Sheet dale using Ihg ¢108liig quoled maikel value, The Slalemenl ol Flnanclal Acllvllle9 Includes nel galns and losses arfslng vn f&V8lu81Son and dlsposals Ihipiighoiil Ihe year. All g8lng 8nd103¥tr$ *re taken to the Slalemeni ol Fln8n¢la1 A¢livllle8 a8 Ihey 8ds6. Rèalised 9ain8 end losses on Inveslmenls ar8 ¢8l¢uloled os the diff8ronce bglween Ihe 8a18 proceed8 Énd Iheli gpgnlng Carrying vglu or Ihelr purchase value 118cqulred sub5BqU8nl lo Ilw flrsl day of Ihg fin8ndal ye&r. Unreallsed gAlns losses are ¢alGvlaled as the dlN6r61)c8 behYoBn Ihe lair v¢lue al Ihe year end and IhBlr carrylng value. Reelisèd and unre8llsed galns loss8s èle comblned In the SlgleMeThl ol FlnanclalA¢llvllles. 1.6 Casli and ¢a9h equlvalents C3&h and cash equ5v8leni& Inclltdo ¢a8h In haml, dapo$ll$ held al cg11 wllh banks. other Bhort-ténn Ilquld Invealmenls vAlh orlgln?I mplurilles of Iwelve monlhs or les6, and bank ovwdraft6, Bk overdraft¥ ai8 shown wilhlii boiiowin93 In Curfenl liab11111¥s. 1.7 Flnanttlal InÈtium811ts The Iwsl h89 elecled Io apply tho provl¥lon8 of Sgcllon 11 'Bosk Flnanclal In8lrumanls' End Secllon t2'01h&r Fln8nc181 Inslman111988, of FRS 102 10 81101118 fln9n¢lel Inslrumenls. Flnsnclal In$liumenl$ are recognl8Èd In the Ifu81'8 bolRnce sheel wlien the Irusl bècomes party lo tho Gonlfaclual provlslons ol the Sn81wmenl. Fln4ncl¥l assets Bnd Ilabllllles are Dffsel, vllh the n81 amounts pre8enlod In the Iln8nclel $la18ments. wh811 IheTO 1$ 8 legally et)forc88blé ris3ht lo sèl oll Ilie ¥ecogiilsed amounls 8nd IherÈ18 an Inlenllon lo seiiia on a nel b8818 or Io feallse thè a88fr1 and 8611Ee IhB Kablllly 8lmullaiieou$ly. Ba810 flnanGlol a$s9ts 8a8lo Ilnan¢lg1 aBsels, %vhlch InGlud6 deblois and ¢a811 end b8nk balancès, are Inlualty measured 81 Irans8¢llon wice In¢luding Iranga¢ibD eosl¥ and aro $vbs8qU8nlly cArrled 81 &morh'8ed cosl using thg eff8¢llve Inleresl m8lhod Unle88 Ihe 8ifangement conslllul08 a ftnanclnu Iran8aclloi). whore the Ir•n$a¢llars IB mèasvred Bl thè pres6nl value ol Ihe fvlure racolpl8 di8coiinled 91 g mgrkal rale of Inloresl. Flnandal a8Bets ¢lai&ifiéd as rec¢lvable y1h1n one year ttro not amoriised. 13-
THE J. & J.R. WILSON TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 9 FEBRUARY2025 A¢couttllng pollcles {Contlnu¢dl Ba81¢ flnanclal Ilablllll&B BaBic flnaFtclal Il&bllS1188. Includlng ¢redltor$ 8nd bgnk loan$ Ar8 Inlllally racognl$ed 81 Ironsaclltsn prt¢g unl6ss thè err8ngemenl wnslllules e Ilngficlrtg Irans8¢llon, where lh¢ debt Instrument 18 measvred al the present V8Iv8 Qf the fulvr• payments dlscounled 81 g mgrkèl rate ol Inlerg81. Fln¥nolal llablltll88 c10881fl8d 88 pHy8ble wlthln one year 8Fe noi omortfsed. Debt In81rum&nts )$eqUentIY caNièd &1 amortlsed eo$l, U31ng Ihts effecllve Inlerest rai8 mathod. Trad8 crèdllors are obllgatlons lo pay lor good8 or 6eNlees Ihal have been h¢qr0d In th8 oTrdlnary course ol oparallons Iiom 6upplieT8. Amounls payablè gra classified as cuiienl Ilablllll8811 paymenl Is duè wilhln an year or 188s. If not, they Èr8 pr&genled 98 n¢)fvCUfreThl liaN1111ts5. Tfade wdliors 8¢6 re¢ogn18ed Inlll<y 81 lr8n88ollon prlca and 6ub8oquenlly Inea$wed al pmurfsed cost u81ng thg e118cllvè InlèrèBI molhod. D•re¢oonltlon of flnanclal IlabllltleB Flngn¢ial liFblllll98 8r• d8F6C0gnl8 wh8n the IIu61'6 eont(oGlual ¢bllgalions ewre or arè dschaTged or ¢anGèllad. 1.8 Trxguon The charlly Is oxempt from lax on its chawitabl8 4cllvilleg. Crltl¢8l Accountlug e8tlmatè$ and ludu•m8nt8 lft Ihg applleolloh of the Ifu$I'$ 8ethurtllng polIc$. Itt6 Iw61ee$ Org requlted lo mak8 Judments, a911males and a88umpllon8 aboul the c&rrylng amounl of 986è16 Rnd Ilabllilie8 11?al af9 nDI refidlfy apparenl from olh6r sources. The esllmales and 8s81JrJaled Bssumplions are b¥&ed on hlsloricdl 6xperfencB and other lÈ¢ior8 Ihol ore wnsidered Its be r8lev8nl. Acluel re8u118 m8y differ froth Ih888 e8liMat68. Thp estim8106 8nd undBrlying eBstJmpllons aio iwIeW on ai) ongolng bo81s. Revi8lons lo accounllng &8llmalas ale rect)gnl$od in Ihè p6riod in which Ihg esliniale 1$ ievlsed wherè the ievl8lon 8llècls only that pertod, or in thè perlod ol the 1gvl¥lon ODd fuluT8 pprfods whete Ihe ievlslon 8fkel8 iM)Ih curr8nl arKI fuiufe periods. from IMv6slmbllt8 Unrestrlc16d Uiir•strloled fundB funds 2025 2024 In¢om& fcom1181ed Inve8lm&nt8 Inlgresl re¢elY8bt8 on bank doposllg 153,e89 158,529 715 164,862 157.238 14-
THE J. & J.R. WILSON TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 9 FEBRUARY2025 Expandllurè on ralslng funds Unrfrglrl¢lod UpreslrlclBd lund8 2024 2Q26 sknckbroker ¢0818 20.120 4,132 Expendlluie on ch8rltabl6 8GlSvllle8 Grant glvlng Gront glvlng acllvliies Aellvlllas 2025 2024 Dlrect COBIS Gront lui)ding of a¢flvllle$ (¥¢8 note 81 139,658 134,600 Slioyo of support and govern8n¢o ¢osts188& note 71 Support Governance 30.648 7,460 30.713 7.123 178,186 172,438 Andlysls by fund Unr8slrtcled fund8. gOra1 178.166 172.436 Grgnls payable 202B 2024 Grant8 P8yabl8 frx the Eklgily Granls payBbl& forAnlmals & Blrds 93,OOD 46.858 87,300 47.300 139.8Sg 134,600 The full dolail$ of the Inrlivldual ¢h8rilles 11)al receSve(S grnn16 8ro noled Ir* lh8 Tmslees, Teport. Siipport ai)d uovèAIAnco costs allocotorf lo a¢llvlllès Graiil gfvlnu Total 2025 2024 Law 0gFnl leos Govern&nc8 30.848 7,460 30.713 7,123 16-
THE J. & J.R. WILSON TRUST NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED 9 FEBRUARY 2025 support and goYarn&nee ¢o$ls allocatèd io acllvlllÈs Icontlnuodl 2026 2024 Govgrnan¢o ¢091$ ¢omprlBg.' Aud51 legs Aecounlancy Travel and sundry expèn8&s 4,800 2.100 A,600 2,100 223 1.460 7.123 Gtsln8 and los$oB on Inv8$lmèiitts Unre8lflctod Unrèslrtcl¢d funrf furtds 2025 2024 GBln81(108888) JriAlng on: R6valuallon of Invèslfflenls 881e of Inve8lmenlF 238,701 12.1241 1208,9611 234,577 1208,9811 Tr118tees Non# of thè Iru818es loi any p6r6on8 wr)ne¢led th Iheml receive any r8muntsr&llon or bgnofits fiom the trust olher Ih&n out ol pockèt Ifavelllng txpen$e$. No expee$ were pald In lh8 year (2024: NIII. Foi th? y8ar w)dgr lgvlew tho f¢8 duè In f?e¢l ol tha day 10 day admlnlslrallon of th& Iiu81 w05 fixed by 8n agieaM8nl batween (1) Ihe Irusl¢es gnd121 Wight, Johnston & MacKonzig. Feas pgld lo Wrluhl. Johnslon & MacKenzle for Iho ya81 amDunled lo £30.848 Incluslve of VAT 12024: £30,713) which con81dgr8d lo be allrfbthablo lo bolh r8venu8 and capllal. 10 Einployev5 Thg Tru81 had no employ998 duwlng th8 y8ar. Durfnu lh8 fffianclal year the key mAnag$menl p?F8onnel of Ihg charfly conslsled of Iho Iw8le88 (8ee #tsle 9). The 10101 omployee b8nefi18 01 the key m8nBgemenl per80nn81 In Ihè yèar wer6 £nll (2024.. Enlo.
THE J. & J.R. WILSON TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 9 FEBRUARY2025 11 Flxed a$¥vl Inve8tmenls Ll8tod Inv#$tments Cost or valiiotlon AI 10 Februory 2024 AddlLlon8 Valuation chang68 Accumulallon divld8ndg Nel galns l {Ioss88} on dlsposals D16pos8Is 4,260.020 346,7eo 236.701 2,502 12,1241 138t>,7381 Al 9 February 2025 4,458.130 Carrylng amouiit Al 09 February 2025 4.458,130 Al 09 FebTu8ry 2024 4,260.020 Ihln Inve81n7enls19 £498,742 01 BNY Mellon Glob81 Incomg Inve$lm8nt Funds. Th1$ represents 11.1Yo ol the 10181 portlollo held andlg ¥ malerf81 Inv8slmenl. There wew no olher Inveslmenl 888918 over 5% 01 Iho portlollo, The iolal hlstoric b98e COBI of Inw8lm#rnl6 wllhln Iha portollo15 £2,805.470, 12 Dgbtors 202fj 2024 Amoifnta f8lllng duo wllliln ono yéar: moiil88 duo fiom brokers anfl soliclltsrs 9,093 14,7B4 13 Olher G¥edlIo lalllnu diie wlll)In on& yoar 2025 2024 Trade ¢red6tors Accruals and deleTred lllcomè 6.900 22.324 15,95f4 6,900 29,224 22,B56 17.
THE J. & J.R. WILSON TRUST NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 9 FEBRUARY 2025 14 UnroslYl¢tsd fundÈ Th8 tinrÈslrtcted lund8 91 lh¥ chartly Gomprls8 tho unaxpanded balance of th8 founOlng dohallon. The fLtnds are nDI sublocl 8P6cific condluons on how they may be used bul musl b• used In Fupport of th8 charilabl8 oble¢i4ves. Atl0 Febrary 2024 Iiiconn9 regotircbs Resourcè$ expgndad Galn$ #nd At 9 F&bruary los•es 2026 0on8r81 fttnds 4,323,016 164,BS2 (198.286) 284,577 4,613,956 Prevlou8 ycar. At10 Fobiuary 2023 Incomlng Rogo¢irc98 8ources expended Ins and At 9 F8briiary 109$65 2024 Gaier81 tunds 4,561.308 167,238 1176,5681 [208,9611 4.323,015 qo Analy81$ of nèt 468èt8 b8lweon fund$ UnrèBlrloted rund8 2020 At 9 Febriiary 2026: Inve3lMenl8 Cvrrenl asset$lllltsblllll88} 4,458,130 55.828 4,513.968 Uiir05tr1ctgd (und8 2024 At g February 2024: Ihve$im¢nls Cutrent as681s1{li8bi1S1l 4.26D.020 62.995 4,323,01S 16 Rèlated party tron$aGilon¥ Tra8CtIonS wllh rolul•d partl88 RelBle(I party tr4HnsectloDs are dlsclosed al nole 9. 1B-