Williarn Coull Anderson's Tnst
Scottish CharFty 119 SC07433
Ac£ounts
for the yBir to 30th September 2024
Re￿rt by Tru51
Re￿rt by Indewndent Eyamirer
£counts
Notes to the kcounts
Arper￿￿ to the kcounts
rew*￿.. 012418726SY Fax." 01241871541

Willi•m Coull Anders￿,$ Ttust
Report by trustees •nd notes to the accounts for the ye•r to 30 ¥ember 2024
Resoned 10 .12.2021
Assur￿ 14.05.2(N)2
Assunrd 25.11.2001
ASSLm)ed J6.02.20II
A$5ty7*d 10.12 2021
Trustees a￿ nommated by the then TrL&ees tI￿r ap¢K¥ntft￿ cc￿￿Mied ty a formal Deeo of A59Jmprt
Agents •nd Adminirtr•torn lor the TnNt (•nd winciwl •ddrus of the Chjrtr)
Thornton5 Lw LLP. Breknockbark H￿Se. Artsrtsa￿. ￿11 INE.
-hOmtC￿ Inve5trnent Manage￿t Jd. Whrtehall H¢xtse. 31 Yeaman Shtye. t￿ndee Wl 46J
Nominw Comp•nv:
La*+share Nornirot5 Limrted, ￿ such Lit*r c(wny as A l Ben *urt*5 IW apwrt
Conoie & co LTD, 10 Ab* Park Fla￿, tknfemlir*, KY12 7NZ
Scottish Charity No SC 91433
Deed of Trust dateo 13UTr I￿.
70 utilize the lund bth as regards caffji and I￿orne f&- ￿ chairtatAe as ￿all L*r*frt tre Tcwn aTh1 Ckn2ens Df
Art￿th erthtr ty Improving amenrties cl the Tfyrtn v as95bng In the ft￿the￿(e d t1￿ SLTh cL￿tUra aL1ivrtics of
C￿zens.- "fhe Trnsrees shall have rega￿ ro the Local the Awth ￿blIc ..brary v4th partycular ￿le1￿￿e to
the weparation arKI keeyng of 9eneak)gical arttl f￿lty recrrts app*tsining to crti￿nS of Ihe Town of Arbroath a￿ to ary
rnuseum v4h￿h may forrned In C(￿1￿￿0￿ with trr ￿lkI ry45 (4 saKI Library.-
dth&" ErT*St F. Cot*S Twst. ty daw ￿ Cwmb¥. 1993 arxy 6m Janv¥y. l9)4 Trustees cf Err*t F.
Cobb's Trust reg)fved to tran¥er the assets of that TnA b the Vhlkim Cojll Aj)dersC￿ Trust In tÈm6 of tne Law Refc¥m
(miscella￿us Provwns) (￿and> P£t I9￿. Trustees of t* Will*m Ccyjll kndersM Trust rescthd *0 x£ept these
•Ydracywl fu￿5 at a rneeDng on W tkcemter 1993. The transfer a[4yr￿ try the #tht(ète s C*partmeni In temis
of the le9isL4tion was effati¥e as at 30tr Septrrntr*r 1994.
The Truslees rneet a year to 4we55 arrrf￿ ¥counis etc. Tr day.ltrday admm￿rat￿ IS Cafrod
out ty Thorntons Law LLP.
There are re5tr£ti¢M m the t*al ￿ tl* tru5tee5' to irTh*#. Tr Wry Is. kJn9 terrn, to a rn&JHJm rts
Investment strategy. rnCl￿11ng equtr A)Ve#￿ntS. to ￿K￿L¢e a ba*Th￿ ￿ Incrrte arhj captsi 9T￿￿.

William Coull Anderson's Trust
Report by tiustees and notes to the accounts lor the year to 30 September 2024 {cont)
The irustees ha¥e as5e55aJ may)r nsks to Ithich the charty 15 ex￿￿d, ITr ￿rtiCUlar those reL4tit¥J to the operatL)ns and
finances of the trust. and are satisfied that systems a￿ In to M￿g￿te exwre to those"Isks.
The resu￿¥ for the year are set wt In tr* &atsnents on pa9es S atxl 6
Approved by tfve trurtees and signed on their behall:
14 Al
)J)I

William Coull Anderson'$ Trust
Independent Examiner's Report to the Twstees of William Coull Anderson'5 Trust
r re￿l on the accourts of the d￿rity for the year ende(130 September 2024 v4hKh are set on pages 5 to 8
Rwx*l¥• r•spDnslbllltl•s of trust•qs and examln•r
The trustees are ￿ SOLW￿l￿e for the preparation of the accounts in accordance with tre terns of the Chanties ané T"ustee
Investrnept Iscclandl Aa 2005 and the Chartcs Accounts(Scotla￿d} Regulations 2006 ias ament*dl. ftte trJstees C￿S￿r
that the audrt requirement of Regulation 10111 Idl of the Accounts Re9ulations does Tr)t appty. It Is my ￿ponsibIlty to
examine the accounts as required unde¥ sectx)0 44lll Icl of the Art and to 5t6te whether partiular matters have come th my
attent￿n.
8*￿$ Of Independ•nt •xamlnerfs statement
My eXaMina￿n Is carr*d oul accordance wilh re9ulation I l of the Charities Accuunts (Scotlandl Regulations 2006 An
examinats)n Includes a ￿VeW of the accounbng records ke0 by the charrty and a coMpari￿n ol the ac£ounts presented with
those ￿ordS. It also Indudes consKleratK)n of any unusual rtems or d15ck￿￿5 In tbe acccwJnts. aTrJ seek5 explana￿n5 from
the trustees conceming any such matters. The procedures undertaken #o not provide all the ￿Idence that W￿ld be yiured
In an audiL and consequentty I ck) not ext*ess an audrt cyinion OTr the wev4 given ty the accounts.
Independ•nt examln¢rf• rtattm•nt
In the cour* of my eXam￿natH)n. no matter ha5 c￿ to my attèn￿￿..
which gives me re£50natAe cause to beI￿ve that In any material respect the requirernent5'.
to keep accounting records In accordan￿ byith seCt￿n 4411) lal of the 2005 and Re9ulatrJn 4 ot the
2(M)6 Accounts Regulabons. and
to prepare accounrs whKh accord with the accouThting rec￿d5 arKI comply wth Regulati￿ g of the Zl
Accounts Regulations
have not been rTheL or
to which, In my opnion, attent￿n should Ix drawn In order to effla￿e a woper unE1erstandir*J of the accounts to
LO Abbey Park Place
Dunfennline
KY12 7NZ
202£

Wllllam Coull Anderson's TNrt
Receipts and P•yments Account for ye•f ended JOUI September 2024
X124
2023
R•c•lpts
Irwcstment sncLNne
15.336
14.790
ol Investments
20060
33.177
Total re￿iFts
P•yments
Owfitalse athvit*s
13,450
6￿50
4,051
16,850
5,200
3.9?5
G¢vernan¢e
Cost5 of generatir#J lunds
PurcPwse ￿ Invesbnen
Tctsl p•yments
Surplus1 (Deficrt) fc¢ ye•r

William Coull Anderson's Trust
Statement of 8alances as at 301h September 2024
2024
2023
C•sh on 41epowt •nd on h•nd
OpeniNJ balance
13,714
?5,156
Surplus I I￿0t) lor year
1,947
Lll 4421_
OrffJn9 bala￿e
IMrestr1rted Funds .
Reven
Cak
11.613)
14174
13,4991
17,213
rket VaK* as •t 30.09.14
427,626
ro¥•d b the trust•es and sl
ned on thelr b•h•lf:
14 111 Irjl
Dafe

Wllliam Coull Anderson's Trust
2024
2023
Schedule I
Investment ir*ome
DIv￿le￿a irycome, per I homt(X15 Invtstrrtrt Management itd
t*poyt inte￿5t, per Thcxntrms
15,284
51
14,773
17
Schedule 2
aritable Actlvltlés
C•'striMtions made In ￿ar
Café
Skilz Academy
2nd ArtKoath Scouts Group
1st Art)roath Guides Group
Girlgviding Arbroath tjstrict
ArbroHth Amateur Club
Her Story kotlarnl
A￿ll￿On ènd Fostering Gioup. Angus
Arbroath Fnends of Guhying
35 Mngu5 4th Ar￿ath St￿t Group
750
1,500
soo
500
750
500
5(Kl
500
I,QLThJ
11.750
Support Costs ISch*Juk 31
6,450
5,1
Sch•dule 3
Support Costs
Charital>
Arti¥ltlts
Go¥*rnance
Thornt￿$, balartt of their fee for Trust administration, cornmisgCfft5,
)5ts etc. for the year to 30.09.23 Iinc VATI
4,050
4,050
Thorrrtons. to accounr of their fee for Trusr a¢Jministration, wmmls9C￿,
Fosts etc. for the per¥Jd to 31.05.24 Iinc VAT)
Condie & Co Ltd, IndeFendent Examifierfs fee
2.400
2,400
No trustees reeaved ￿MuneratIon or expenw from the trust during tris ov the prewou5 year.

Wllllam Coull Anderson's Trust
2024
2023
Schedule 4
Costs ol qener•ting funds
Thorntons Investment Man4ement Lld, py)rtfolo administratSC￿ &
CUSt(￿V fees for year to 31.07.34 Iinc VATI
4,051
3,925
A Ma￿lty of the shareholders in T￿rntonS Invest￿nt Mana9ement Ltd are ￿rtnerS ¢n ￿￿t0￿5 law . I P.
Sthedule 5
st•t•mtnt of R•v•nue ￿lIT￿e *& at 30.09.24
2024
2023
Income recewed in yeaf
15.336
14,790
5tnbutions paid to tenefKJanes
Support cost5
(7.OlX))
(6,450)
(11.7501
{S,l¢J)I
SuWusllDefiot) lor year
(2.0001
Balan￿ a5 at 3Q.09.23
L3,4991
O•lanc• u at 30.0•.24 (D•lklt)

William Coull Anderson'$ Trust
Notos to thé A¢¢oumts •lld Géfttral NotLs r•gatdlng Financial Seryicu and Mavkets Art 2000. Law Society
Rule5 related m•tt*rs
The Accounts are prepared in accrydance char￿e$ kcounts Iscctland) Regulatms 2006 (as amended).
2. IndwnélentEMnrfn•r
The Try#ees approve the appointmentlcoDtiwed app0intn￿nt of INSependent Exarni￿r as detaiw in the Report by
Trustee5 in these AccoL￿ts.
The trustees appr¢)ve the appointment of ine nwiinee company as ¢Jetailed In the Gereral InformatMJn seaion In Ihese
Accounts to conrinue lo hdd certain or all of ihE Investrnent5 obwed by the trustees. arf thal sarre basis as coniained
In InvestmerTt and Financtal Services Term5 [* ￿￿￿eSS Ag￿eTr￿nt cur￿n1¥ In force.