jamesmilne CHAR TERED ACCOUNTANTS Mary Morrison Cox Trust Scottlsh charlty number SC007881 Trustees, Report and Accounts for the year ended 316t October 2025 Mary Morrfson Cox Trust Scottish charity number SC007881 Tru5tges and Professlonal Advl$ers Trustee8: Miss Fiona Milne Mr Martin Fraser Admlnlstrators and Solicitors A.C. Mo￿lSOn & Richards LLP 18 Bon Accord Crescent Aberdeen AB116XY Accountants: James Milne Chartered Accountsnt5 S Bon-Accord Square Aberdeen AB116XZ Investmgnt managers: Brewin Dolphin 23 Rubislaw Terrace Aberdeen AB10 1XE Mary Morrlson Cox Trust Scottlsh charlty number SC007881 Tru$teeG' Report for the year ended 31st October 2025 Prln¢lpal ofnce The Trust is administered by A.C. Morrison & Richards LLP, 18 Bon Accord CreS￿n( Aberdeen, AB116XY. Structure, governance and managgmont Govemlng documont The Charity Is govemed by the Trust Distribution and Settkment of Mi$$ Lilian Oswald Cox dated 1st June 1978 which was registered in the Sherriff Court Books of Aberdeen on 1 Oth October 1978. Trustees. Inductlon and tralnlng The Iruslees are kept up to date on ongoing developments in the charitsb￿ sector by A.C. Morrison & Richards LLP and are aware of their responsibilit￿$ as trustees re OSCR and the 2005 Charities and Trustee Investment (Scollandl Act. New trustees are appointed by the exisb'ng body of trustees if they are suitable, bearing in mind the purpose of the Trust and the Trust assets. Objectives The capital of the deceased's estate has been retained and the income distributed by the Trustee5 annually to women and children in need in the Parish of Dyce, Aberdeen. The Trustees have sole discretion at all times as to the eligibility of the said women and children for a distributlgn from the Trust. The Trust does not organise activities, projects or programme5. As explained the Trustees select eligible women and Children to receive grants from the Trust. Achlevements, perfomianco and financlal revlew Income, all of which is unreslri¢led, amounted to £10,978. Grants of £4,500 were made to applicants. After taking allowance for administration costs and movements on investments there was a nel deficit of £30.867. At the year end total funds amounted lo £28,325 in Revenue and £583,958 in Permanent Endowment (Capital). Reserves policy The Trustees do not have a formal reserves policy. As only the income of the Trust is distributed the Trustees aim to maintain reserves which are sufficient lo meet the Trusts charitable purposes. On behalf of the Trustees Flona Mllne Trustee Date.. Mary Morrfson Cox Trust Scottish charlty number SC007881 Report by the Independont Examlner I report on the accounts of the Trust for the year ended 31st October 2025 which are sel out on pages 4 to 6. Respectivo r&$ponsibilitles of trustees and Bxaminer The trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment IS¢otlandl Act 2005 and the Charities A¢¢ount$ (Scolland) Regulations 20(kS las amended). The trustees consider that the audit requirement of Regulation 10111 Idl of the 2006 Accounts Regulations does not apply. 11 is my responsibility to examine the accounts as required under Section 44111 Icl of the A¢1 and to state whether parbcular mallers have come to my allenlion. 8asis of Ind¢pendont examlner's statemgnt My examination is carried out in accordance with Regulation 11 of the 2006 Accounts Regulations. An examination includes a review of the accounting records kept by the Trust and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and 5eek5 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 Consequent￿ I do not express an audit opinion on the view given by the accounts. Independent gxamlnerfs statement In the course of my examination, no matters have come to my attention which give me reasonable cause to believe that in any material respect the requirements.. to keep accounting records in accordance with Section 4411 Ila) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations. and to prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts Regulations have not been mel, or 2. to which, in ry opinK)n, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Rlchard Chrlstle CA Partner James Milne Chartered Accountants 5 Bon Accord Square Aberdeen A811 6XZ Mary Morrison Cox Trust Scottish charity nurn￿r SC007881 RKelpts and Payments Account for the year ended 31st Octobgr 2025 Pemianent Rgvenuo Endowmenl 2025 {Unrestrlctedl Icapltall Totsl 2024 Totsl Recelpts Income from investments Dividends and interest 10,978 10.978 12,071 Receipts from asset and investment salg5 Proceeds from sale of investments 159.707 159,707 115.130 Total receipts 10,978 159,707 170,685 127.201 Payment8 Investment management costs 5,217 5,217 4,831 Grants 4,500 4.500 4,500 Total costs of charitsb￿ activities 4,500 4,500 4.500 Legal fees Accountancy fees 3,240 1,320 3,240 1,320 3,240 1,464 Total governance costs 4,560 4.56D 4,704 Purchase of investments 187,275 187.275 96,634 Total payments 9,060 192,492 201.552 110,669 Nfrt reGoiptsllpaymonts} 1,918 132.785} 130,8671 16,532 Transfers Itollfrom furKIs (10,0001 10,000 SurplusllDeficit} for the year 18,082} {22,7851 130,8671 16,532 The notes on page 6 form an integral part of these financial statements. Mary Morrison Cox Trust Scottish charity number SC007881 SLitem¢nt of Balances at 31st October 2025 Pemanent Revenue Endowment 2025 {Unrestrlctedl Icapltall Total 2024 Total Bank and cash balancgs Opening balance SurplusllDeficit} for the year 40,490 {8,0821 30,282 70,772 122,7851 130,8671 54,240 16,532 Closing balance ereot. Bank and cash in hand In hands of brokers In hands of legal agents 32,408 7.497 39,905 70,772 29,909 942 1,557 29,909 8,439 1,557 37,051 30,731 2,990 7.497 32,408 7.497 39,905 70.772 2025 2024 Investments at markot valuo Listed stocks and securities 576,461 493,662 Other assets Dividend5 receivable and accrued interest 507 2,069 Liabilitigs Legal fees Accountancy fees 3.240 1.350 3,240 1.320 4.590 4,560 Reserves Revenue Fund Iunreslricledl Expendable Endowment Fund Icapilall 28,325 583,958 36,389 525,554 612,283 561,943 Approved by the Trustees on and signed on their behalf by LLtyL Flona Mllne Trustee The notes on page 6 form an integral part of these accounts. Mary Morrison Cox Trust Scottish charty number SC007881 Noles to the Accounts for tho year ended 31st October 2025 Accountlng pollcles 1.1 The accounts are prepared on a receipts and payments basis as allowed by the Office of the Scottish Charity Regulator. 1.2 Fund accountlng Unrestricted bJnds are those that may be used at the discreb'on ofthe trustees in furtherance ofthe objects of the charity. The permanent endowment fvnd represents the capital invested which is retained and generates income for the Trust. 2. Related party tran$actlons, trustee expenses and remuneration The trustees all gwe freely of their lime and expertise without any form Df remuneration or other benefit in cash or kind12024 4nill. No expenses were paid to the trustees during the year (2024- £nill. Fiona Milne and Martin Fraser, trustees, are members of A.C. Morrison & Richards LLP. During the year the trust paid £3,240 for legal and administration services provided by A.C. Morrison & Richards LLP. 3. Investments at market value 2025 2024 At 1 sl November 2024 Additions al cost Disposals Gain on disposallvaluatK)n 493,662 187,275 1159,707) 55.231 446,067 96,634 {115.1301 66.091 At 31 st October 2025 576.461 493,662 Note.. Cost of investments 437,249 380.623