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2025-04-05-accounts

APPENDIX 2

Enter charity name below

Enter SC No. below $C007478

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Peter Coats Trust - Charities Fund

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Receipts and payments accounts
For the period oe
Section A Statement of receipts and payments
Unrestricted 20Rbstricted Eapendaiile waren Total funds Totat funds last
funds funds a amen —a current period period
funds funds
to nearest £ to nearest £ to nearest £ to nearest £ to nearest £ to nearest £
Ai Receipts
Donations=| CTC | eee
legacies| TCS ee |ee
rants es |eee
Receipts trom fundraising activites |=| | es |
Gross trading receipts a | es) eee
income from investments other than
land and buildings 26,248 27,775 29,654
Rents from land & buildings ee | es |
Gross receipts from other charitable
activities
Al Sub total 26,248 1,527 27,775
A2 Receipts from asset &
investment sales
Proceeds from sale offixed assets | a
Proceeds from sale of investments 283,578 283,578 | 461,922 |
A2 Sub total 283,578 283,578} |161,922= |
A3 Payments
activities
SScaaesind Nene 12628|| 2,800| | [15.628] || [20,236] |
| a
A3 Sub total 33,947 2,800 36,747 47,182
A4 Payments relating to asset and
investment movements
Purchase of investments 247,679 247,679 152,967
A4 Sub total 247,679 247,679 152,967
Total payments 281,626 2,800 CC.) Sa 284,426 200,149
AS Transfers to/(irom)funds [CF De)
Surplus / (deficit) for year
28,200 1,273) 26,927
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|||||||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |APPENDIX|2|.| |Peter|Coats|Trust|-|Charities|Fund|$C007478| |Section|B|Statement|of|balances| |se|-|Expendable|Permanent| |Categories|Details|u|al|Restricted funds|endowmentfunds|endowmentfunds|aP|Total fast period| |to|nearest£|to|nearest|£|to|nearest|£|to|nearest|£|to|nearest|£|to|nearest£| |B1|Cash funds|Cashash|and|and|bankbank|balbalances$|at|at|startst.|of|f|year|42,913|f|42,913|51,487| |Surplus|/|(deficit)|shown|on|receipts|and| |payments|account|28,200|(1,273)|26,927|(8,573)| |Cash|and|bank|balances|at|end|of year|71,113|(1,273)|69,840|42,914| |(Agree|balances|with|receipts|and|payments| |account(s))|.|-|>|>|-|:| |.| |Details|Fund|to which asset|belongs|Market valuation|Last year| |B2|Investments|See__schedule|-|=—|to|nearest799,869£|to|nearest902,469£| |Total|799,869|902,469| |Details|Fund to which-|asset belongs|Cost|(if=|available)|Currentavailable) value|(if|Last year| ||||to|nearest|£|tonearest|£|to|nearest£| |-|=| |Total| |Details|Fund to which|liability|relates|Amount due|Last year| |to|nearest£|to|nearest £| |-|=|=| |Total| |Details|Fund to which|liability—|relates|Amount(estimate) due|Last year| |to|nearest|£|to|nearest|£| |—|—|—|}| |Total| |Signed|by one or two trustees|Date|oF| |on|behalf of|all|the trustees|Signature”|Print Name|wes| |EE| |approval| |OSCR|2025|R||P(46265363|1)/ Statement|of|balances|1|December 2007|

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APPENDIX 2

Peter Coats Trust - Charitiesve Fund

$C007478

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Section C Notes to the Accounts

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C1 Nature and purpose of
funds (may be stated on
analysis of funds worksheets)
Charitable for organisations and charities mainly in the Paisley and District area
Type of activity or project supported oe —— .
7 ==—
Total 45629
C3a Trustee remuneration If no remuneration was paid during the period to any charity trustee or person connected to a
trustee cross this box (otherwise complete section 3b)
Authority under which paid :
re— remuneration - | 942.000 was paid in fees to Morton Fraser MacRoberts LLP | —
—-12,000)
etails Carole McAlpine-Scott is a Consultant in the firm. | tié<CW
C4a Trustee expenses If no expenses were paid to any charity trustee during the period then cross this box
(otherwise complete section 4b)
Number of £
trustees
C4b Trustee expenses -
details
Transaction Balance
.
Nature of relationship Nature of transaction amount (£) outstandingrlod en at
C5 Transactions with trustees
and connected persons
C6 Other information
The restricted funds are due to an agreed percentage of 8.87% restricting the net income to be
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OSCR 2025 R _ P(46265363.1) / Notes

1

December 2007

APPENDIX 2

Peter Coats Trust - Charities Fund

$C007478

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Additional analysis (1)

Analysis of receipts and payments

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1 Donations
-—-- . Restricted funds Expendableendowment endowmPerman ent Las Total last period
funds funds P
to nearest £ to nearest £ to nearest £ to nearest £ to nearest £ to nearest £
Total ==== =
2 Grants
aaauscter Restricted funds Tenet copant Total last period
to nearestfunds £ to nearest £ to ne riodarest £ to nearest £
Total ei
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3 Gross receipts from other charitable activities

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=— Restricted funds Expendableendowment endowmPerman ent ee Total last period
funds funds
to nearest £ to nearest £ to nearest £ to nearest £ to nearest £ to nearest £
Total ==== =
directly to to charitable activities
— Restricted funds Expendableendowment endowmPerman ent Tor —_ Total last period
funds funds Bei
to nearest £ to nearest £ to nearest £ to nearest £ to nearest £ to nearest £
Total ==2= =
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4 Payments relating directly to to charitable activities

OSCR 2025 R _ P(462652363.1)Additional notes (1)

December 2007

APPENDIX 2

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$C007478

5 Breakdown ofunrestricted funds
Unrestricted Unrestricted Unrestricted Unrestricted
fund 1- enter fund 2 ~ enter fund 3-
enter
fund 4 ~ enter
name of fund name of fund name of fund name of fund
below below below below
Total
unrestricted
funds
Total
unrestricted
funds last period
Receipts
Legacies
[
Receipts from fundraising activities __
Sub total
a
Le al
;[
a
cross ref error
Receipts fromasset& investment sales
Sub total
cross ref error
Payments
_—
I
Le
er
—_—=
Lee =__ ae
e
il
Ls
Sub total g
cross ref
error
Payments relating toassetand investment
movements
Sub total
cross ref error
cross ref error
cross ref error
a

OSCR 2025 R _ P(46265363. 1)Additional notes (2)

December 2007

APPENDIX 2

Peter Coats Trust - Charities Fund

$C007478

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}

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Additional analysis (3)
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6 Breakdown of restricted funds
Restricted fund Restricted fund Restricted fund Restricted fund
1-enternameof 2-enternameof 3-anternameof 4- enter name of
fund below fund below fund below fund below
Total restricted Total restricted
funds funds last
period
Receipts
Receiptsfrom fundraising activities
Gross trading receipts
Incomefrominvestmentsotherthanlandandbuildings
Rentsfromland&buildings
Gross receiptsfromothercharitable activities
[
Subtotal Lt
cross ref error
Receipts from asset & investmentsales
Proceeds from sale of fixed assets
Proceeds from sale of investments
Sub total
cross ref error
Payments
Expenses forfundraising activities
Gross tradingpayments
Paymentsrelating directlytocharitable activities
i =
«

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Audit /independentexamination examination a
;al
-]
Subtotal az
cross ref error
Payments relating to assetand investment
movements
Purchases offixed assets
Sub total
Netreceiptspayments)[—]
Transfers to!(rom)funds
[—][JDJCD
ie


el
i
a
and purpose offunds

OSCR 2025 R _ P(46265363.1 Additional notes (3)

December 2007

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Value at
5th April 2025
NarrowerRange
1 Treasury Stock4-1/4% Stock 7 Jun 2032
£22,000 22,466.60
2 Treasury Stock4 1/4% 7 Mar2036
£14,000 13,717.89
WiderRange
3. Abrdn OEIC V Global Index Linked Bond S Inc
29,000 Units 14,007.00
4 Accenture pic
61 OrdinaryAShares 13,438.43
5 Alphabet Inc
135 USD0.001 Class
ACommon Stock
15,190.70
6 Amazon Com Inc
145 Ordinary USD0.01 shares 19,162.26
7 ASML Holdings NV
34 Ordinary EURO.09 shares 16,287.15
8 Astra Zeneca Group Pic
180 Ordinary Shares ofUS $0.25 19,454.40
9 Blackrock Inc
22 USD0.01 Common Stock 13,986.35
10 BlackrockAsset Managers (UK)
5,100 Europe Absolute Alpha DAcc 9,582.46
11 Bluebay Funds Management Global Inv
Group Corp Bond S IncGBP
210 Units 19,091.10
12 Booking Holdings Inc
4 USD0.008 Common Stock 13,243.23
13 Booz Allen Hamilton Holdings Corp
100 USD0.01 Class
ACommon Stock
8,439.28
14 BP plc
4,500 Ordinary shares ofUS$0.25 16,681.50
15 Cadence Design Systems Inc
65 USD0.01 Common Stock 11,698.44
cif 226,446.79

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b/f 226,446.79
16 CME Group Inc
100 Common Stock of USD0.01 19,665.37
17 Coca-Cola Co
380Common StockofUSD0.25 20,536.65
18 Compass Group plc
550 Ordinary Shares of 11.05p 13,805.00
19 Experian pic
20
21
407OrdinarySharesofUSD0.10
GenuitGroupple
3,200 Ordinary Shares 0.1p
Greencoat UK Wind
13,211.22
10,320.00
12,000 Ordinary shares 12,600.00
22 Halma pic
620 Ordinary 10p shares 15,512.40
23 Hermes Investment Management US SMID
14,000 Equity L Inc GBP 22,313.20
24 HICL Infrastructure Co Ltd
6,800 Ordinary Shares of0.1p 7,330.40
25 Johnson & Johnson
110 Ordinary USD1.00 shares 13,027.09
26 JP Morgan Chaseand Co
92 OrdinaryShares USD1 14,950.93
27 JP Morgan Japanese Investment Trust
16,320 Ordinary Shares of25p 16,320.00
28 Jupiter Unit TrustJapan Inc
16,882.48 U4 IncGBP 15,572.40
29 Liontrust Investments Ltd Monthly Inc Bond P
30,083.565 Sust Fut Monthly Income BondM Inc 29,463.99
30 London Stock Exchange
135 Ordinary Shares of6-79/86p 15,045.75
31 M&G Plc
7,400OrdinarySharesof5p 13,641.90
32 Marsh & McLennan Co Inc
61 USD1 Common Stock 10,852.20
cif 490,615.29

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b/f 490,615.29
33 Mercantile Investment Trust plc
5,300 Ordinary Shares of2-1/2p 11,130.00
34 MicrosoftCorporation
65 Ordinary USD0.00000625 shares 18,076.12
35 Nextera Energy Inc
240 Ordinary Shares USD0.01 12,410.37
36 Novo-Nordisk AS
150 DKKO.1 Series B Shares 7,376.17
37 Nvidia Corp
74 USD 0.001 Common Stock 5,393.52
38 Partners Group HoldingsAG
12 CHFO.01 Shares 11,637.18
39 Prudential
Plc
1,500 Ordinary shares of 5p 11,202.00
40 RELXplc
360 Ordinary shares of 14.44p 13,737.60
41 Renewables Infrastructure Group
10,000 Ordinary Shares ofNPV 7,520.00
42 Rio Tinto Plc
400 Ordinary Shares of 10p 16,956.00
43 RoperTechnologies Inc
32 USD0.01 Common Stock 13,398.97
44 RITZ Corp.
150USD1.00CommonStock 13,615.29
45 Rufferinvestment Co,
5,100 Red Ptg Preference Shares of0.01p
14,484.00
46 Schroder Asia Pacific Fund plc
5,000 Ordinary Shares of 10p 24,350.00
47 Scottish Mortgage Investment Trust
1,900 Ordinary Shares of 5p 16,252.60
48 Shell ple
790 Euro0.07 Ordinary Shares 19,603.85
49 Siemens AG NPV
110 Ordinary shares 17,062.64
cif 724,821.60

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b/f 724,821.60
50 SSE plc
890 Ordinary Shares of50p 14,248.90
51 Sysco Corporation NPV
270 Ordinary shares 14,906.91
52 Texas Instruments Inc
95Common Stock 11,114.84
53 Unilever plc
380 Ordinary shares of3 1/9p 17,837.20
54 Visa Inc
70 Common Stock ofUSD0.0001 16,939.68
799,869.13

APPENDIX 1 OSC R Scottish Charity Regulator

Day Month Yea Day Month Year From 06Trustees’| —04 start Annual date2024 ReportTo for05the periodat04 end date2025

Office of the Scottish Charity Regulator

Charity name Peter Coats Trust - Charities Fund Other names charity is known by Registered charity number SC 007478 a ee

Names of the charity trustees on date of approval of Trustees’ Annual Report

Trustee name Office (if any) Ta tet asledaet (or body) entitied to appoint trustee (if any) 1 2 K 4 5 € 7 8 9 10 1 12 13 14 15 16 17 18 19 20

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APPENDIX 1

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Reference and administration details

Names of all other charity trustees during the period, if any, (for example, those who resigned part way through the financial period)

Name Dates acted if not for whole year ; ; | Mrs Irene R Evans Died on 1 September 2024

Structure, governance and management

Type of governing document The Peter Coats Trust was established in terms of the Trust Disposition and Settlement by Peter Coats dated 9'" March 1909 and registered in the Books of Council and Session on 27" September 1913. The Trustees were directed to hold a share of the residue of the estate of Peter Coats for the benefit of such charitable institutions or schemes or to be constituted as they should in their absolute discretion consider proper. Trustee recruitment and appointment The Trust is administered by the Trustees acting from time to time. Any changes in Trustees are effected by means of the appropriate Deeds of Assumption and Resignation, signed by the acting Trustees and such Trustees being appointed or resigning under such deeds.

Objectives and activities

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|||||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |Charitable|purposes|The|Capital|of the|Trust|Fund|is|invested|and|payments|are|made|out|of| |revenue|received|to|such|charitable|institutions|and|necessitous| |individuals|primarily|in|the|Paisley|area|as|the|Trustees|may|in|their|sole| |discretion|determine|to|be|appropriate|recipients|of assistance.| |8.87%|if|the|Net|Trust|Income|in|Restricted|to|fund|Youth|Groups|in|the| |Paisley|area|following|the|transfer|of Assets|from|The|Wallneuk|Fund.| |Summary|of the|main|activities|Funding|of|the|foregoing|subjects|is|achieved|by|producing|appropriate| |in|relation|to|these|objects|income|from|such|investments|made|on|behalf of the|Trust|by|the| |Trustees,|acting|on|appropriate|investment|advice from|Stockbrokers|etc.|

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APPENDIX 1

Achievements and performance

theSummacha r ityy ofduring the mainthe achievements financial period of |= TrusteeDuring theminutes year theof 23° Trust paidOctober out2024 grantsin andline with donationsthe Trust'sas setqualifying out in the criteria.

Financial review

|Briefstatementofthecharity’s policy|| TheTrustees will see to ensure that suitable reserves are maintained to| |---|---| |on reserves|meet any ongoing administration expenses and any extraordinary| ||requests forfunding which might be made.| |Details ofany deficit|| |Donatedfacilitiesandservices(ifany)||

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APPENDIX 1

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Other optional information

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Declaration
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s)
OSCR will accept
digital or typed
signatures
Full name(s)
Position (e.g. Chair) Trustee
Date 10 November 2025
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4

Independent Examiner's Report to the Trustees of Peter Coats Trust

I report on the accounts of the charity for the year ended 5 April 2025 which comprise the Receipts and payments accounts, the Statement of Balances and the related notes.

Respective Responsibilities 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 (as amended). The charity Trustees consider that the 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 Section 44(1) (c) of the Act and to state whether particular matters have come to my attention.

Basis of Examiner's Statement

My examination is carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006 (as amended). An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeks explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.

Independent Examiner's Statement

In the course of my examination, no matter has come to my attention:

  1. which gives me reasonable cause to believe that in any material respect the requirements:

  2. to keep accounting records in accordance with Section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations; and

  3. to prepare accounts which accord with the accounting records and comply with Regulation 8 of the 2006 Accounts Regulations.

have not been met, or

  1. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

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Date: 9 December 2025

Independent Examiner Armstrong Watson LLP Caledonia House 89 Seaward Street Glasgow G41 1HJ