Incorporation of Old Weavers In Paisley Statement of Accounts For the year ended 5 October 2025 Charity Number: SC008468
Inc¢xFmtion of Cld Wea*rs in Pathy kn the yw 5 Ctht¢r 2025 Contents Page Report ol the Trustees Report of th• Indop8nd¢nt Ex•min•r stst8m8nt of Financial Acliviti B•lan¢e Sh¢•i Notes to the Flnanclal Stat•monts
Irryaln ofCJ Wea%ws in Pa'y fc( Ihe year 5 (Ikn 2025 Report ol the Trustees Trustees have pkasure in presenb'rq ttpir reFQrt t¢)3etFw V&ilh the fin¢1 statements for year eNJed 5th Cthter 2025. The finarla1 slaterts teen ptepJ in XC8[e with aU1ng p)199 set OLrt in mle 110 the financial statements and comply the Charity's Charter, the Chanbes atvj Trustee Investh*nl l&ofjandl Act 2CK)5, the Chanbes AOUnts Iscouandl RjulatIOnS 20( las K$ed) aThJ Accounts'r and Reporting by Chantss. Statement of RecommeTrJed FRS 102. Reference and Admlnlstratl¥e Details Boxmaster Collertor Senior Key Keèper Junl¢x Key Keeper Eric Richardson Vacant David W Hall Colin Hill Old Masters Roderick J Morrison Davld H Naim Gordon MacLeod Fraser Harrison Donald Parbrook asdair Hannah Andrew Mcmillan Clerk Angus Buchanan Contsct Address Flat 112 69 Station Road, Renfrew, PA4 8RQ Scottish Charity Number SC008468 Independent Examlner James Hamilton John M Taylor & Co Chartered Accountsnts 9 Glasgow Road Palsley. PA13QS Bankers The Bank of Scotland The Cross Paisley, PA12DB
IncorFrf)rakn ofad WeabErs in Pa* fc( Ihe 2025 Evelyn Pathers Group Ltd 103 St Vlncent Street Glasgow G2 5SE
Ir1)n of CJ Weavers in P• ts the ye¥ ethj 5 Cttotw 2025 Report of the Trustee5 Structure, Govemance and Managenwnt The ¢)bjethe ofts ofobj Weavers in Pasley ks forttrft pro5) offinaKiJ SUppt0 deserving persons. The Inc0)ralKyn 15 a establitsj t(wJy JKI 15 9)ver1 by ts Vjinal charter. The Trustees Of chanty, Vh are als) tharty Tnstees urbkr¢hartty law. a apFoinbJ by the bjard of Trustees, The TfUStee5 tr1 regularly lo dixuss Ihe OFeralK)n of tr Charity whilst the day lo day running of the chanty is dekgat&J to the Cle. All new Tnjslees a given an inductn into the objective, &lministrats've Pr&Ju5, bk9rnd ofts Ghanty, by the Boxmaster and Colle¢lor. Financial infomth 15 sUd to the TrLKsls at ttir wular Thwts'ThJs. by the Cbrk. The Tnjstees duriThJ the year as at date ofthi5 rewrt are gNen on p•Je1. Flnanclal Re¥lv The Truslees are s'sr1 ¥Mth the finla1 ljrtc0 lor ts yew. rhjnng the year under reVW there re payThents totalling £7XI. re was orÉ Marlinmaslchristmas payment of £450 aNI one Whtsun payment of£ 3rAI. In¥tment Pollcy The TrLL8tees &Jopt a fi1M mKJh rtsk lo investment. Evdyn parb GrP Limited Te the investmentadvisors during theyear. The Trustees rffjularfy 1ve repjrts from the inveslrnent ajvisor and generally 8Jopt l'r professKJnal aJvKe. RH•r¥o1 Poll¢y The maionty of luThJ's assets are invested in a of U[beS ar g0Mment securit. Investment de¢iswxs are takèn on the alv of Evelyn Partners Group Limited. The Fo1Y ¢s for a medium rBk invesbiienl thè aim of maintaining the caprtal value ol the funds in real terrr and pro11r an incc4))è that can be used lo suprth the charitable Obts.
InrporatiOn of Old Weavers in Pai8Y for the year ended 5 thtober 2025 Report of the Dire¢tors l¢ontdl Rlsk Management Risk VIeW is an ongoing important item for the Trustees, idenb'fying the many risks the charity fac8s and recording resp)nses and reactions lo control these risks. Risk management is part of an ongoing programme during which this process will be periodallY examined, in line wth Ike type ol nsks identified, to ensure thè procèss still meets the needs of the Charity. Tru$t6K' Re$ponslblllUè¥ Scottish Charity law requires the Trustees lo prepare financial statements for e%h financial year that show a true and fair view ol the stale of affairs of the charity and ils financial xliw118s for that year. In preparing those financial staternenls the Trustees are required to.. Sèlect surtabb OUntIng p)li¢ies and then apply Il*m ¢onsislenlly. Make judgements and estimates that are reaSonae and pent. stste whether applicab acLounling standards and statements of recommended pra¢lre have been followed, subject lo any departures disckjsed and eXalld in the financial slalements and Prepare the financial slalements on the going concem basis unless il is deemed inappropriate to presume that the chanty will continue in business. The Trustees are responsible for keeping prop&r accounting r8¢ords that disGIosg with reasonabb acCuY al any lime the financial positson of the charity and enable them lo ensure that finan¢ial stslernents CoMY with the Charities and Trustee Investment Iscollandl Act 2005 and the Charities Accounts Iscodandl Regulatsons 2006, as arnended. They are also responsible for safeguarding thè assets of the Charity and herrk for taking reasonable steps for th8 prevention and detthin of fraud and other irregularits'es. Approved by the Trustees and signed on their behalf Iq Eric Richardson- Boxmaslei Date
InoyF#yatiM ol C4d Weaws fty Ihe 5 Ckaoter a)25 Independent Examinerfs Report To the Trustees ofthe Incorwration of Old Weavern in Paisley I report on ts nts of the Charity lor thè erthd 5 Cttoter 2025 vthich set clrt on Pajes 5t09. Rospecllve respon8lbllttles of Trustees and Examinef The chanty's Tnjstees are resF(Jrtsible for ts prep¥aly)n ofts &counts in )rdartt With the tem of the Charibes aj Trustee Investment Iscooandl Act 2CNJ5 aThJ thè Charites Accounts IS¢oUaThJl Reguth'ons 2(J)6 las afferNJedl. chanty Trustees conshlerthatthè audrt reqU1ment of Regulab'on 10111 lal to Icl of the Accounts Regulabons dcEs apply. 11 is my respjnsibility lo examine the Junts as required uThJer 'On 4411) Icl of the Act and to state vhether partular matters have come to my attention. Basls of Independent Examlnef8 Statement My exafflination 15 carrd out in wrth RegulatM)n 11 of tre Charibes Aco)unts IS¢oUaThJl Regulations 2C las arrendl. An examinaljon irKludes a revw of tre untIng records kept by the charity aThJ a Mpari9)n of the )Unts psented with tf#xe records. 11 atso includes conspJerath)n ol any unusual lteff or disck)sures in ts OUnts seeks explanatMJ)s from 11 Truste ¢or¢emiro S matters. Tr prc¢e(lures uTrJertaken do not providè all evpJerKe that V4Duld Èe required in athlit ¢owtnlly l rk)t extwess an adIt opinv)n on the given by the )unts. Independent Examlnefs statem In the wurne of my examirotA)n, rk) matter ha5 to my attention.. l. ¥thh gNes reasrAth ¢aEe to telEve thaL in any matsial resW. the r8qUif8ments'. to keep h£¢ounting RK¢yds in ¥dae vthh tion 44111 lal olthè 2005 Act aNI Regulation 4 oftr* 2C(16 Accojnting Regulatthis las anpThJedl aryj to prepare Accrnts axotd vnth the Accounb'ng TOrdS and comply with Regulabcfi 8 of the Accojnls RegUlatr las ameTrJedl. have rot nt or, 2. trj wfih, in my okxnKJn, attent Stk1 be dra in orthr to enth a proper understaThJing of the &thunts to te rehed. es Haminon- Chartej Accountsnl n M Taylor & Co 9 Glasgow Roaj Paisley, PA13QS
In¢)xporalK)n of ad Weavers in Paisley for the year ended 5 October 2025 Statement of Financial Activities Unrestrlcted Funds Income Notes 2025 2024 Investment Income Other ItKome 5,565 5,329 T¢)tal Income 5,565 5,329 Expendlture Charilabb ¥b'wties Managernenl costs Govemance costs 750 3,844 660 850 4,218 5,254 T¢)tal Expenditure Net Income IExpÈnditure before other recognLsed gains Ilossesl 311 {5191 other recognised gainsllosses Realised invesbnent gainllbssl Unrealised investment gainlllossl 11,1781 16,161 261 17,145 14,983 17,4C6 Nel movement in funds 15,294 16,887 Balance brought forward 198,599 181.712 Balance carried fornvard 213,893 198,599
Incorpyatim of C¥d WeaNers in Pats* the en1 5 Cthber 2025 Balance Sheet Unrestrlcted Funds Notes 2025 2024 FIX As8•ts Investments 204,581 182.442 Current Assets Cash al Bank Cash helj with In¥estsrÉnt Fwrfl Man 9,629 553 11,479 5,598 Total Current A$8¢ts 10,182 17.OTI Amount du• In les8 than one year AccnJal$ 1870) 920 Nel CuThent Assets N•t A8th1 Represented By Fu1 Account 213893 Approved bytsTnJSlees.......... ... ............. .. aThJ sun&J on tsir tehaif by Eric RKhardson- Boxmaster DavKI W Hall - SénKJr Key Keè
Incorporab'(x) ol ¢Jd Weavers in Paisley for the year ended 5 iknber 2025 Notes to the Financial Statements 1. Accounting Pollcles 1.1 Basis of preparation and assessment of going concern The financial ststemènts of the charity have been prepared under the histor cost convents'on, with rtems recognised al cost or tranS'on value, unless otherwise stated in the relevant notes and in accordance with.. The Financial Rewrbng Standard applicable in the UK and the Republic of I18nd.. FRS 102 Accounting and Rep)rting by Charities.. Statement of Recommended Practice Ichattses SORP FRS 1021 leffeclive January 20151 The charitS and Trustee Investrnenl Iscollandl A¢1 2005 The CharilEs Accounts Iscouandl Regulations 2006 las anded} The charity meets the definition of a public benefit entity as defined by FRS 102. The )Unts are presented in sterfing whh is the fvncb'onal ¢urrerw olthe charity and arè rounded to the nearest £ The Trustees consider that ttEre are no material uncertainlES about the charity's ability to continue as a going concem. Funds strudurè Unrestricted income funds comprise those funds which the Trustees are free to use for any purpose in furtheran of the charitable objects. Unrestricted funds include designated funds where the Trustees, al their discretion, have created a ftjnd for a ScIfiC purpose 1.2 Income All income is arKounted for on a receivable basis. 1.2.1 Resources Expended Resources exnded are accounted for on an ac¢ruals basis and are TecDJnised where there is a lega or ¢onslnJclive obligation to pay for expendrture. EXndItUre is irKlusive of any VAT vthi¢h ¢annot be recovered. charitab expendrture relates lo the cost of making payments lo Alimentars. 1.2.2 Investment and Investment Income Investments are slated at rnarkel value al the baance sheet date. The investments held are alllxaled to Narrower and Widèr Range investments in line the lems of the onginal trust deed. Realised gainwlosses are calculated as the differenc£ tsetfftn the investments carying value and ts disposal proceeds, Unrealised gainsllosses are cakulated as the difference between the market value of the investments al the yearend cornpared the stsrt ol the year.
InrporatiOn ol ijd Weavers in Paisley for the year ended 5 Cktoter 2025 Notes to the Flnancial Statements {cont'dl Unrealised gainsilosses on revaluatnS and gainsAosses tealised on dispjsals are tsken to the Slalemenl of Financial Activiks. Investment Incorne represents dividends received from listed investments aThJ InteSt receivable in the year. 1.3 Taxatlon The chanty J5 exempt from tsx on its Charitab acbvities 1.4 Fund accounting Unreslricled fvnd is a fund vh)ich can te used in ac£ordance with the charitsble objects al the discretion of the Trustees. Ti)tsl 2025 Total 2024 2 Investment Income Dividend Interest 4,546 1,019 5,565 4,476 853 5,329 3 Charitable Activities Payments to Alimenla Donation 750 750 100 850 750 No Trustees received mUneratiOn or exwnses from the charity. 4 Management Costs Investment Managef's Costs Insuran Clerk's Fees Legal F*s LEI Fees Safe Custody Fees Postage and Slab'onery Costs 1,757 608 1,300 1,638 599 1,3CM) 500 72 72 32 75 75 4,218 5 Goveman¢e Costs Independent Examiner's Fees 660 660 780 780
In¢)yporakn ofCJ Weaws Ni Pa the yew 5 (knt* 2025 Notss to the Financial statem {confdl T¢)tal 2025 Totsl 2024 6 Investments maet Value at stsrt of ts y Purchases Disposals PreedS Gainl (Lossl ¢Jn realisations Net unrealtsed invesbwrt Gainl (Los51 182,442 24,3 117,746} 11,178) 16.160 170,752 15,7161 261 17,145 Balance at end of year 204,581 182,442 Market Value Wider rge 204,581 182,442 WhJer rdrK 150,CQ2 144.023 7 Fund k¢ount Unrestricted Fund Balan brought forward Net rnovement in FuThJ Balan¢e at end ol year 198,599 15,294 213,893 181,712 16,887 198,599 8. Related Parties- T have re party trarlOrts durirvj ts year