GEORGE. JAMES AND ALEXANDER CHALMERS. BEQUEST
ANNUAL REPORT AND UNAUDThED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025

GEORGE. JAMES AND ALEXANDER CHALMERS. BEQUEST
LEGAL AND ADMINISTRATIVE INFORMATION
OuncanAJI
J Civw Chiiho
WHI￿rn R
Symq Ha*ern
Slxma Clck
(Appjkthd 15th Jun• 2024}
I￿oI￿od 21ItJw￿ 2025)
{P4ooirtgd 4th tY•cththr 2024.
8C(XI8818
5Abyn Tw•c•
Urit•d
P810 1YP
37PJO>n Plo¢•
10 1YN
40PJty￿ Plae•
A810 1YN
SAbyn T•rr•(•
AB10 IYP

GEORGE, JAMES AND ALEXANDER CHALMERS. BEQUEST
8-14

GEORGE, JAMES AND ALEXANDER CHALMERS. BEQUEST
TRUSTEES, REPORT
FOR THE YEAR ENDED 30 SEPTEAIBER 2025
The tnAt•ès prnsent t￿1r anr4Jal reFQrt and finanaal statemBnts yearfjnded 30 September 2025.
The financial ststements have I￿n Freparad in vAh a(£%)unlSTrJ polldos get in rK*e 1 to the
fmanual s¢at•m•nts and rA)mF4y wrth the charitys CXmbts￿QTr, Ih? ch8riliB5 and TDJ5tee 1rb¥eth￿t (Str)t￿nd) Ad
2005. the ChartU8s Aceounts {6eollandl RegU￿t￿ 20C• las arnendedl and 'knyxnUng and Re￿rtIng by
Charilies.. ststern￿ of Recrynmended Prmd1￿ 4)pllthl• ts thanb8s Ihoir •co￿nts in E￿ordan￿ *ilh
th? Fwwnu#l R4)￿r¥J Standwd app41￿bI& UK ar￿ Rewth of Ir*nd IFRS 102r l•ff•th• 1 January
20191.
Obledfv•* and •ctMde•
The charilys owts are to manaptheT1￿1 as8ets, to pay Lmrt ￿1h* wki8 ray￿￿e crf gach yoar. fixed
to e•rtain Ir*UbJkn named in the Tn￿t Dewjs and to fwnoles in dWAThStan￿s TO￿￿nt in
Abwdeen. &ty¢t b rnt*)tbn of nec*sw for tr* Thprovernw￿ of thg IBnds and hcAts•S. to dfvide I
b3lance fomoinNig th$ obi•cts Lrf bewts kn ￿ a way ￿ Ilw nwahl thlnk best. Tr trustees have
many yewB P8hY part of the bahr￿ b f#mak5 in d￿JaM$￿t•s. In recent y£ws the smal T￿ed swn
tlonalKJns have been ccfflmuted ty a caFXtal pay￿nt allhOu￿ th8 redpO8rrt5 of ftx•d donalK>ns dlObl•
to othjthnd donaoons SLWu$ revenLB at Ihe dixrdirm ollhe Twslets.
hknments and perforrftan
Th• Tnjsl pays (lrt ￿￿￿kJual amvitle$ of £￿712024 . £81KII. The Bre pyatle on a l¥lf bath, In
Decen*r ￿24 2025 to femdes in pwr ¢wrAwn5￿￿.
Fh•ncl•l r8vlThT
Revlew of Ih• y•Ar
Th• attac￿ fir•rnyal StatenK￿ Jlv* a ngt dèfr4t the yew of £177.387 12024 . ngt w4us £97,3281 Th•
'¢Ja￿a$0' in pgrformanco ¢￿*r*j to tho prkl larggly duo b I￿10459 twminaliw wments madg durh
Re¥ervts polley
The Iwstees haw establish￿ the 18vd cl rese￿85 Ihat ￿ I￿￿t n88d5 to hav•. R•58rv85 arn held to c￿er
mgintenm repth tr fa￿ bultRngs L¥p#81 irTVOVrnts reqLrif8d to the farn
bulthrvJs in ¢ydw, aThY to ensu￿ suffiraent fiN￿S hdd to meet the likaty AiitAI impad d any ¢xmtirowth$
Identhlgj in risk rn#napmènL Th• eonsld8r Ihe w8s8nt rèwl crf res•rv•s held as svfflc4grrt brt ttwt th•
$huJd be kept uTrJer
Th• tntstees eortsi¢*r Ihat the approprlate pollcy tr trNe*wig surplu8 funds is inkn5t bank
appjntsd Brwin Dc4thin Seojritles Lld a5 investrn￿ rTwwfs tv mpwwge Ihg trusfs in¥estrnents.
forfutur• p•rlod•
The tst has dechled Ilwt tho rTwimum T￿mber ol ￿Nitants bfr Ma1￿•d at 80. ApF4iealkffis 3cvJht
addtional annuitants.
Structure, govem•nce and minqym*nl
Chalmw5. vhK> r•shled in th? Tun6ff Thrne •stal•s. Green5 and Dorlthrs $ku8led li th•
pwishes of ￿￿[￿￿[tter and TLwwiff werg b•lL￿athed to th8 Trust￿$. Tho Estat8 of Tiltyrn￿￿J gxterth to
aFprttAmatety 748 ￿*$, Greens to apw0￿M81e1Y 637 acres arKI Dort4itrw5 to #FPro￿M￿trty acres. a total of
1.881 a(xes c*thernby.

GEORGE, JAMES AND ALEXANDER CHALMERS. BEQUEST
TRUSTEES. REPORT (CONTINUED}
FOR THE YEAR ENDED 30 SEPTEAIBER 2025
Thg 5gr¥•J during Ihp i*•r ¥¥J up lo Ihv ofs*nakne olihfr statem8￿ wgre..
A.
J Crostty chi$1￿1￿
ogrgk C W Pv
SYW Halkwston
SrT#U)
Shuna D￿S
EilKlh m￿D￿3￿1
IR8sign•J 21st 20251
{ReSIgn￿ 4th De¢￿ber 2ry241
(Appcinted 15th thjne 20241
{Appcinled 215t June 20251
IApp¢inted 4th De￿I￿r 2024. R8sffJMd 1st Dor*th 20251
tse￿en. the senK￿ bBilies of Abgrtgen lTry•J wOnt•J by Ihe c￿n[all. Ihg SW ￿mIt1p31 d Gramplan,
WKI Islonds. Ihe of Guikl of lh8 City d Ab8nl•on. the Pre5¥J•nt of thè St(*ty of A￿l￿￿t*S in
yew5 to senB ¢)n Ihe and Finance A furthjr trvst•e Is aPp￿n￿l ty At¢rd••Wi￿e C(wndl in
t•M￿ ofthe L￿1 G1Yrnrn￿nt (s¢￿and)h¢￿.
The key m•nWTr￿ pernonnel are Mrtsidered to be Ihe fve Inth to the LWKI Hnon(*
Tn*t•• and Ir•lnlng
TnJst•es are athBed of their d￿leS ond resp￿￿111￿& by Skth, & Slrnpwn, soJk4tors. the tr￿St
The board ol trwtees. ￿fj(* ￿rre￿llY 10 nwmbgr5. arJmini5teF thè dwifty. Th8 bogrd rn8et on a yparty b8S
arKJ thwe is aLw a LaThJs & Finar￿ Comnyttee ¢￿15t￿9 of S memb8r5*tK* meets r[￿ frequ￿lly. Tho day to
dty finandal managgment ol the L*arty ￿ caThigd ¢yJt by R G PaleTron the F•4*x app)iited by Il* Tntstees
thr￿gh Ihe sditstors. PAessrs Stort•. crud￿ & Simpg)n.
Rl•k m•nBgemènt
The rnafft tsk lo wttlc41 Ihè In*t Ls wos•d has tegn a6 th8 rewrt *istation, Hokltr(Is
IScoO8ndl A(a 2W3. wn(xming agrI￿l￿r￿ whith has imp090d on the Tnmt a retrosp8th cDrfn￿t
Ilabilrty in to impro¥ements, ￿ the prDpth themf made by tonunts to thp by overtumNu the
#rrthngwnents mbde by the tws18￿ 4* IM tsme tre wnpY0￿en18 made. Thi5 ha8 gNen r150 to an e*m8nt of
uncertai￿. A key dgrTwnt ￿ the nwn•gom•nt gf financlal rfsk ts the sotw of a rosems poltLy ￿gUlar
Ge(￿￿ D B(
18May2f

GEORGE, JAMES AND ALEXANDER CHALMERS. BEQUEST
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF GEORGE, JAMES AND ALEXANDER CHALMERS. BEQUEST
I r•pJrt Ihe fin￿8[ Stater1￿ ol rtsity for ts yew enthd 30 Soptenkn 2021 are sot on
pages 4 lo 14.
R•*pecll¥e re•pon•lblllll•a oltntstee• exanmnvr
Thg truste8s arts respwbleforthe prEpawolKJn oflhe finarv4 statemonts li a(y>Jdanr4J vAlh thB t•m
of th8 Chwths TnJst89 InvestrI￿nts ISeoUaTh1lAd 21M)5 and the ChantiesALxAxMts (SC￿￿￿1) Rogulth"cms
2CQ6. The thBrftYs tr￿tee$ ¢￿￿k1¢r that Ihe autht rw4DWèr￿ontthl Rog￿all)n 1011)la) to le) ofthe A(xcAmts
Regulati￿$ dce5 WW)t apFdy. It is my re¥mM￿l￿lity to axamirn th• fin￿￿al stat*n8nts as under séclfon
4411Kcl ofthe aTrJ to sl*• parlKukr rnatt￿￿ have cun• lo my atterts.
My 8xaminaknn 15 cathed (yjt kn #c*udanc• RwJl8tion 11 of tho 2006 k£oJnts Regulations. An
exanwalion ￿ClUd&S a r•¥ivw d the arr￿n11￿j r*LYds kept by the 8Th1 a of Ihè thandal
slaleThrts wesent8d vAth thosa r8cc¥d6. tt *0 i￿ude5 consKlèratkn of any L￿￿sual itOrn5 ordi5do8ure5
fiftarKI￿ statements, and s•eks from Ihe tnth¢s L>)nC￿ry any 8uch m8tters. Th prO￿dureS
r#Jerta(8n do al th8 evKlenL* that *t)ulJ be req￿red in an audit ar￿ ¢onsequenlty I do ￿t e¥yess
an audit on the g.vem ty the f￿ancial statrnts.
Independent examine￿¥ •tatsment
Y￿r atteth"¢)n is drwwn to the fact th#t Ihe ha5 prep4rEd fln8ndol statomgnts in aLwrdarTh vAlh
A￿￿tIr￿j and ￿piyrting by Charit'es Fryaring thew acc£*snts in accorderne wlh tre Fironckryl Reputng
storrflard 8p[A1c8b￿ in the UK erKJ Rewblc of IrglaThJ {FRS 1021 kn wetsrorKe to Ihg AccoLmling and R8ptyting
by Charilies." Statement ol Recommended Pract￿£ i4su•J ￿ l April 21KJS wtsch i8 refwred to in 1he e¥t8nt
r¢¢wIat￿￿ h85 t¢9n withdrA4vn.
l undwsland Ihat thi5 hos bgen dono in othr for thg ffnaTrial slatam8nts b) yovide a Irne fatr v￿¥
accordarrt# with Gener4ty AC￿ Att*JthtSrNJ Pracb"L* effedNe lor r•portlng per￿￿S beglnnlrvJ or after 1
Janu¥y 2015.
In f￿ne￿￿)n *ylh ry examinaticffl. no ottv malter exe8Pt fh•t rnfwred to in wèv10￿ par¥¥)h h85 rJJrn8 to
my thnthon..
101 g.vos mo rthson*Ae cause to bdiw8 that in any nwtwial respect the req￿r￿nerts.
111 ts) keep a￿¥bting rery)rds in ae£>JdaK* th sectirm 4411) (al tsl the 2(XJ5 Ac4 and Regulaoon 4 cl
Ilw 2CIJ6 Regulati￿. and
11} to pware finan(xal slatemBnts wh.th ￿rd ￿th the attoLntkng recLYds and corTpty with Re￿￿8110￿
8 of Ihe Re9ulaknns'.
h#ve not b8en met or
(bl to vknich, in my ￿>inIon. attentton sI#)￿d be dravm in ord•r to enable a proper WKlertaTrJiThJ of
statem8nts to be rBwJ￿d.
Grng Houston FCCA
For and on b•hall of
lThY8pendwrt Exgnirnr
37AtyI Place
AB10 1JB
Datsd.. 18 May 2028

GEORGE, JAMES AND ALEXANDER CHALMERS. BEQUEST
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR ThIE YEAR ENDED 30 SEPTEAIBER 2025
fund•
2025
118.8
26.347
247.828
128,841
30,142
Tol•l Incom•
393.025
158,983
Expendliw• an:
Raisirvj fjjnds
Charftsble xiryiues
Olhor oxpentfj￿r9
8.165
I1￿.290
49),945
6.176
84.318
43,204
12
559.400
135.698
Net galnsl(b￿eS) LYF kn¥0gtn
13
111.012)
74,043
N•1 Incomdl•xpthditw•l and mJ¥•m•rt IR
{17T,387)
97.328
Fwwj bo18nets at 1 Oclober 2024
1N13,736
1B18.408
Fund bal•neo It 30 Sepknt>er 202$
I￿.349
1.413,73fj
from L¥)nlIn￿n9 ￿l¥ll￿5.

GEORGE. JAMES AND ALEXANDER CHALMERS. BEQUEST
BALANCE SHEET
AS AT 30 SEPTEMBER 2025
55T,807
851252
444.215
3.417
16
I,￿,059
1,347.632
17
6.169
75
C••h th bth( hfir•J
46
82.115
on• y•ir
(18,1581
110.011)
06,104
11J8.349
1,413,llO
1.238.349
1,413,n8
1236,349
1.413.n6

GEORGE, JAMESAND ALEXANDER CHALMERS. BEQUEST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
A¢￿U￿1n9 polld
Charlty Inforniatlo
G•ry, al￿ Ajfrxantlei Chthrs, Bequest is a Publ￿ benefft errtty and a r&JL8ter•d tharty In
Seotland and 15 urM￿)Jr￿¥Xale￿. Thè address ol the pmndpal Offi￿ 1$ SAI￿ Terrace. Abwdtren, AB10 1YP.
The finarnxal 5ts1ements have begn prnpamd in aeo)rdan(% wllh Chvlt*s and TrLBtee Inveslmert
(Su)dar¥Jl Act 2005, ts Chwibes (S￿￿￿> Reguldions 20C* l#$ amended), FRS 102 Tr
Fman(aal Repx¢wvJ Standarf in th8 UK and R•pL￿￿ of I￿larrf fFRS 102? ￿ Ihe Charft
SORP 'ACwl￿tsTrj and Repxbng by charit￿.. Slatwnent of Rec4yrmsndtd Pra¢aice ry¥plkthe to thntr88
preparirg accLwnts in arxXYda￿• wilh ￿ Finanoal RepxxlwYJ Slwvlwd aWic4bkn in lh8 UK
R•pth1￿ ol lYèLaThY (FR8 1U2r lthcb%* 1 20191. The etrwity Is a Publi¢ Beb)effl Erty 8s ty
FRS 102.
The chwity has taken adv￿ of the WDvIsKJns kn tr* SOIIP for not to wepwe a &At•Y*nt ol
Cash Fhyws.
Th? fjnan¢I￿ stalgmwts ha%v d8FWt8d fmm Ihe Chari1185 (Actovnts and R•￿rkn) Regulalrffls to
th? extent requtreil to 8 In￿ and far ¥￿. Th1$ dep•ltf8 has foknbing ts S￿or￿n1 ol
R0￿MMend￿j pr￿￿X l¢Y thawthes apPtyV￿ FRS 11r2 ralher than the of the Staton￿ of
R•comrn•nd•J Pracl*• wtrlch r6 refeThed *) in tho RegulalATh buiwthich has b•en *illthvm.
Th8 fmarNi81 slatemprts prepa￿￿ in 5terfry, vthkh ￿ thè runcl￿n81 L)Kron¢y of lh8 dwrty. Mry*ary
th88efin3ncwl slatem8ntS are rouTrJ•d to thè ￿arest £.
The finenck81 sts1en￿nts have been prepared wder the hith'¢* a)st corwontin, mLX*￿I to Ind￿le IPte
revaluati￿ of fr8elN)Id prcpert￿s to indwje investrnent I￿pert￿P$ and c8rtain financkgr instrunents at fdlr
value. The pfflclpal ac¢w)tlng adopknj we set (Njt beltyw.
12 <Jolng concern
At the time of approvkng TIna￿￿OI slaternenls. the trustees a reasonatrA8 exp￿ that thè ehwlty
has adequate re5tyJfLY5 lo conth.nue in Op8ra¥L￿81 existen￿ for the foreseeablè fulfft. Thus Ihe tr￿tee8
inut to adopt ￿&v5 d act*u￿.￿j kn pigpaikng tho lknandd slatomènts.
13 Chwrllable lunds
Unrestrthd funds are avafrLqb￿ for w at th• ￿￿(Sel￿)n of tt)8 INst8os in I￿therance of lh* charita￿?
'eL*we5.
IA
Incomtr 15 Mecgnowj w￿n Ihè ch*Wy onlitted to it after ￿Y p•rft)mwnce cond￿.￿$ have ￿ n*t,
the al￿[￿ts can b8 M￿vred relkqbly. Bnd it is wc4xtlè that Mcorn8￿11 be fBe•lv8d.
Cash d￿ati(￿S are recx)wi5ed on recwpt Other (kmations recognis•J onL* the thariy been notrfied
of lh• E1Cfflatk￿. uN•ss perforfflar￿ require deknal of the amount. In￿me tax r8Lth8f8ble Ni
ra18tion to dDnalions under GrfINkl or de•ds of eob•nant L% fWig•d at th• tsmp oftt* th>Htion.
rgcognised on receipt If th8 dwrity has b8•n rthft•d of an imF•Kling dtstribullrm.
the is kTrY￿. arrtj receiit is eX￿￿ed. If the arno￿t is rol knO￿tt. the legacy r& treatad
CC4ttiThJ•rrt ass•t.

GEORGE. JAMES AND ALEXANDER CHALMERS. BEQUEST
NOTES TO THE FINANCIAL STATEMENTS (coMfiNUED)
FOR THE YEAR ENDED 30 SEpfEAIBER 2025
Accountlng pollcle
(Contlnwd
15 EXpendI￿r*
trmrd party, it 15 ￿L￿oble that a of •ctWKvni¢ i*ngfv r•1￿•d In tho of
the obl￿3￿n c8n be measured re*atly.
Ex[M￿lm￿re Is dassmed by •eUvlty. The gjsts ol eac* are (rf of d*&t ¢>xts •TrJ
5har8d co515, SUFPYt Cg>sts inbrlv8d in uThJertknJ eath *b¥6ty. ￿"r0et u15t5 attwrbulat48 to a sirl
aloxted threcuy to t￿1 edvty. SIHred (x)sts cM¢fknrt• kn more Ilwi one al￿.￿ aw#1
swjryt a￿ not attritwtatle b 8 $ingle aCts￿ty are OFwb'cned beknn those aclivkn on a tosb%
nt the use of WE5￿￿￿. Cantral staff tosts 4r• ar￿C&d on ol Ill￿ SP￿1. and
dewecaakn dwges 4Te on the porlKin Of1￿ 8wYs W.
1.6 T•nolble blxed •*￿ts
T￿Ible fred 8ssels are inlo8lly Thasjied at arxl 5th50qU￿ty measured at W5t Cff y8￿8￿n. ol
dwec4abon and Any impaimwnt losses.
Thè or b)ss on d￿￿581 ofan 85set ￿ d8tenrth8d as th• dIffe￿r* thg woce8dB
and thè ed￿ng valuè of thè asMt, and Is rwni58d In Iho st8tem￿t oflkn•nci81 aclmbes.
Fi¥od asg8t InVestn￿ts are inth'dty rT*asLKed Et trarts4dKm wice exdthjvy trans8ctM eosts. ar#J •rg
5th8qu￿ measured al faK value at e8L* ￿pOrbi¥j date. C*awvJes in far ￿u0 are
kncornel(expendthl for the year. Transaction costs ar8 eX[￿Se<l as
At rewUrKJ ernl date. thè ¢fwlty fB¥kn¥s thg carrylng of lls IwJlt4è Assets to detenTthe
there ￿ any lThJ6cabon thot thc6e ass•t8 have sfflor•d an Impaimxnt SM. W ￿ swh indUt￿
oyists. tho r8ctwer*kn ar1￿￿1 of the a55et is •5tlmaled kn crtler to the exlent cl thg i￿￿MIeTrt
k%s lif ￿Y).
1.9 C•8h •nd ￿•b equlvaknls
Cash cash equ1val8￿$ Indude cash In hand. depo￿ tteld at call vAih banks. oltw shorttenn
inve51ments ￿th origwtal mBturits'es of three mcfflths or less. arNJ bawtk ty48rrtrafts. Bank overdrafts are shown
willin bjrrowws In oJffent labrfit￿s.
1.10 Flnon¢lal Inthimenls
Tho charity has dected to tl* ol SecI￿n 11 'Basic Flrbancial Ir*tnJm8nts' and Sethn 12
Ftha￿al In51rum?nts Issues, ol FRS 102 to all of Ns thaneial inslmm•nts.
instr￿￿ are ￿cognised in the Chari￿$ knel wthen the b•c£mes paty to the
tracttMI PTovtsions of th• Instrurnent
Fina￿$81 assets and Ilablhties we offset, the net amowits preserrtèd in ts ￿aTr￿al $tstements, vthen
thets 1$ 8 I￿￿1V èrrfDrCeab￿ rfght to Sel off Ihe reCOgn￿ed arnunts arKI th•r• is •n intentton to 5etle a n
t￿l¥tO rgalb5e the asset and sdue the alTh￿men￿x￿y.
Baslc assets. Ithleh Indude detrtors and cosh bank balan￿. are Irslllafly measured at
traroaction induth.ng tranSath￿ easts 8TrJ ore substhw•nty c4med at wncrftised ojst usirwj fv effec*ve
interest m8thc4J untss Ihe arrarymgnl (¥n$likn195 a financry tr￿1$act￿7￿, where ts tranSaCb"c￿ Is
mga5LrgJ Bt th8 Fyesent vafve rf the future T￿lp￿ di$o)urted at 8 martèt r* of wrtffest. Finanaal ass•ts
dassifred as rec•ivabl•wthin one year we not arTryti8ed.

GEORGE, JAMESANDALEXANDER CHALMERS. BEQUEST
NOTES TO ThE FINANCIAL STATEMEKfs (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
Baslc fmalval liabilits, indLKlrry crothtLYs bank loans ar• Irltlalty at tr8nsadlon prte• url•ss
the arrnngement txjnstitutes B finan(iro trBM8th'on, W￿r• Ihe debt inslnjment Ls at thè pre¥ent
vatU8 of th8 Itstu￿ ￿Y￿91￿ th8(1Xm￿ at a market crf intw•JL Firwnd•l li•brfikn d055rfnd 85 poyabl•
vAthin ¢me year*e 8rr¥Jrltsed.
Tr4dè ern¢￿t￿ts wt 01￿10￿15 tr> pay lor goods or swvI￿5 Ifrmt haN* boon wulre(J In Ih? ¢xdroy <y)WE• ol
alon8 from Amtylnts payable are dassffi8d a¥ oJrr8nt 118bfrlb•s rf paJThent Is due ￿1n
your or kns. ff no( we wesenknj as n¢￿-CUffent liabl￿.8$. Tfade are inltlalty at
Fin8n(x81 liaL¥llS8J arp dernwised th• chartyb C*YAr8￿81 obl1￿￿On9 expKe u we d￿￿ge￿ or
In Ihe appllcallcfi of th8 •etyJunOrvJ po&(yes, the tr￿￿te￿ arè rwilffjd to n*1*[￿nts. e8lTrrnateB
85wrrpthTh abD￿ thè amunt of assets and Ikgbililws that we not readly aptArent fr¢xn clhor
¥￿Tcas. The 85timth assodated assumptsons are bas&J on hlstorical ryerientx aThJ atherfxtm It*t
arg ¢onshlgrgJ to bg Televant.Aclval resu115 may dttT8r frcth th•se esbrrh*s.
nwtès are recc*Jnised M the perfjod Ihe esilmate Is revknd %there Ihe Tovisiun effects that
por￿, or in Ih? of tlhi ￿￿slon l￿d frJtL*e pen"C4ts the reNison afferts and
fund•
33.321
00.194
45.852
Tlllyrrwuld
Lkjwlarfhprs
27.359
118,850
128,841

GEORGE, JAMES AND ALEXANDER CHALMERS. BEQUEST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
Irrrfe•tmnt•
Unrwtrlct*d Unmtricted
d•
fund•
2025
24.935
316
1,098
29.375
12
Bank dewAit aeewnl Intrnt
28.347
30.142
other Incom•
fvnd•
2026
funds
Net gan on disposal oflangltAe fix8d a￿ts
Cxher trThYJme
W8yleava pa￿niS
222.000
23.070
1,858
247,82B
Ing l￿d•
Unnystrict8d Unrn•trfc¢•d
fvnd*
fund•
2025
2024
8,165
.17
8,165
8.17

GEORGE, JAMES AND ALEXANDER CHALMERS. BEQUEST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
lund•
202J
{1.7421
9,583
IrtyJrnrKe pyemknm
11.308
31.8TrJ
6,972
6,8TO
1.477
Le* fees
50.318
<rf**v1ti$5 {see r¥)* 81
35.41KI
84.318
An•tysh bY￿ftd
100.2W)
84.318
fund•
fund•
28.000
2024
net mrNoTh￿nt in fvnds kn stAtsd all8r thaVgknty(cr•d￿ThJ):
Fee5 pwyableforthe ￿lM￿a0¢￿t ofth• chwty8lnwKaal
5tat•mnts
Profrt on dr8pogBI (rftsnglbl• f￿•d a88•ts
8.870
1222,OC#)I
10-

GEORGE. JAMES AND ALEXANDER CHALMERS. BEQUEST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
10 Tn*t••s
None of trustees (or ry peThDnB ¢¢ffjn8etad them) recdved any ￿￿911￿ from Iho
thwity th8 year.
The averw rrh*thty nwnberof•rkn durt th• ywwas..
2025
nd
2025
945
450,(N)O
450,945
4321
funds
Rèvduakn of Imwlm•nts
111.0121
4043
14 TqKatlon
Th8 (Iwity 15 exenyt fr(¥n l•xthtK)n ar•J gain falkng *lthin 8aclt¢)n 505 of ￿ T#M Art 1988 or
h)n 252 of the Taxati￿ of (kn88tr4& GaIr￿ Ad 1gv2 beeau8e all ils inL*Jm& 15 aprknd
11

GEORGE, JAMES AND ALEXANDER CHALMERS. BEQUEST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
At 1 OdobBr 2024
7,100
111592
430,415
444,215
113,592
AI 30 Septerthr 2025
120.8V2
430.415
0.71))
s57.￿7
120,6V2
430.415
6,7tXI
SS7.807
At 30 S•bor2tr24
7.1(X)
430.415
8.71x1
444,215
PToperti•s are vaiu8d in lh8 aCCDunts as Fer the ValualK￿ at 31 tknmi*r 1925 by Rtht W WaknT. LatKJ
￿d￿•tor. Abardeèn, le55 Ihe noth3nal c05t of s￿SeqUent (b'sp)5aLs.
Llrted
Cgst or valudion
At 1 Cthber2024
3.417
288.586
Wuab'ffl thanges
sposals
1533.1051
AI 30 Sfjptsmber ￿25
663.988
At 30 2L125
883.988
At 30 Septembgr 2024
3.417
202$
2024
Amounts fallhjy wlthln one year.
8.1￿*
10 Cw•dltor•: arnowrt• falllng due ¥Athln on• ye
2025
2024
18.158
16.011
12-

¢>
2x=
% I l 151111

GEORGE, JAMES AND ALEXANDER CHALMERS, BEQUEST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEAIBER 2025
T•nOblp •s¥6ts
Inv•sb))Mts
557,807
8512S2
27
1XJ6.349
fund•
2024
444215
13.417
86.104
1.413.730
14-