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2025-06-30-accounts

CHARITY REGISTRATION NUMBER: SC010392

Mrs Jane Allan's Trust Unaudited Financial Statements

30 June 2025

Mrs Jane Allan's Trust

Financial Statements

Year ended 30 June 2025

Page
Trustees' annual report 1
Independent examiner's report to the trustees 3
Statement of financial activities 4
Statement of financial position 5
Notes to the financial statements 6
The following pages do not form part of the financial statements
Detailed statement of financial activities 12
Notes to the detailed statement of financial activities 13

Trustees' Annual Report

Year ended 30 June 2025

Mrs Jane Allan's Trust

The trustees present their report and the unaudited financial statements of the charity for the year ended 30 June 2025.

Reference and administrative details

Registered charity name Mrs Jane Allan's Trust Charity registration number SC010392 Principal office c/o Nelson Gilmour Smith Chartered Accountants Mercantile Chambers 53 Bothwell Street Glasgow G2 6TB The trustees Mrs E G V Dalton Mrs S F G Henderson Mr B Dalton Mr A Wilson Independent examiner Louise D McAulay BAcc CA Nelson Gilmour Smith Mercantile Chambers 53 Bothwell Street Glasgow G2 6TB

Structure, governance and management

The Mrs. Jane Allan Trust was set up under a Trust Disposition and Deed of Settlement and relative Deed of Instructions and Codicils executed by Mrs. Jane Allan and registered in the Books of the Lords of Council and Session on 27th February 1885. In a Codicil written by Mrs. Jane Allan dated 12th February 1892 the Trust became operational on the death of Mrs. Jane Allan on 18th February 1892.

The Trustees take all major decisions concerning the activities of the Trust. The existing Trustees appoint new Trustees and undertake induction and training of new Trustees.

Objectives and activities

Initially the Trust was founded to provide accommodation for poor old people and poor girls, and established a residential home at Whiteinch.

However, when the home at Whiteinch was taken over by the Free Church of Scotland in June 1981, the objectives of the Trust were widened to provide assistance to the underprivileged.

1

Mrs Jane Allan's Trust

Trustees' Annual Report (continued)

Year ended 30 June 2025

Achievements and performance

During the year donations of £13,500 (2023: £12,000) were made in order to provide assistance to the underprivileged (see note 9 for details).

Financial review

The deficit for the year was £3,119 (2024: deficit £1,405) before gains on investments of £17,725 (2024:gain £52,116) and has been transferred to the General Fund.

Investment Policy and Performance

In accordance with the Trust Deed, the Trustees have the power to invest in such stocks, shares, investment and property in the UK as they see fit. The Trustees engaged Quilter Cheviot as investment managers. The policy is to adopt a low / medium risk investment strategy based on maximising income / capital growth. The market value of investments increased by 5% during the year.

Reserves Policy

The Trustees have established a policy whereby the capital base of the Trust is maintained.

Risk Management

The Trustees have assessed the major risks to which the Charity is exposed, in particular those related to the operations and finances of the Trust, and are satisfied that systems are in place to mitigate exposure to these risks.

Plans for future periods

The charity will continue to award the same level of grants as in prior years.

Grant Making

Applications are received by the Trust from various sources, usually registered charities. The Trustees review the applications, and take the decision to fund the request taking into account the Trust's objectives, and the financial resources available.

18/02/2026 The trustees' annual report was approved on .............................. and signed on behalf of the board of trustees by:

Sarah Henderson

Sarah Henderson (Feb 18, 2026 17:25:20 GMT)

Mrs S F G Henderson Trustee

2

Mrs Jane Allan's Trust

Independent Examiner's Report to the Trustees of Mrs Jane Allan's Trust

Year ended 30 June 2025

I report on the financial statements for the year ended 30 June 2025, which comprise the statement of financial activities, statement of financial position 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. The charity trustees consider that the audit requirement of Regulation 10(1)(a) to (c) of the 2006 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 independent examiner's report

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 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 connection with my examination, no matter has come to my attention:

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

have not been met, or

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

Louise D McAulay BAcc CA Independent Examiner

Nelson Gilmour Smith Mercantile Chambers 53 Bothwell Street Glasgow G2 6TB

19/02/2026

3

Mrs Jane Allan's Trust

Statement of Financial Activities

Year ended 30 June 2025

2025 2025 2024
Unrestricted
funds Total funds Total funds
Note £ £ £
Income and endowments
Donations and legacies 4 1,033
Investment income 5 14,917 14,917 13,676
ৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ
Total income 14,917 14,917 14,709
৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶
Expenditure
Expenditure on raising funds:
Investment management costs 6 3,656 3,656 3,284
Expenditure on charitable activities 7 14,380 14,380 12,830
ৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ
Total expenditure 18,036 18,036 16,114
৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶
Net gains on investments 10 (17,725) (17,725) (52,116)
ৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ
Net income and net movement in funds 14,606 14,606 50,711
৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶
Reconciliation of funds
Total funds brought forward 491,881 491,881 441,170
ৄৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄৄ
Total funds carried forward 506,487 506,487 491,881
৶৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶৶

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

The notes on pages 6 to 10 form part of these financial statements.

4

Mrs Jane Allan's Trust

Statement of Financial Position

30 June 2025

2025 2024
Note £ £ £
Fixed assets
Investments 14 492,158 481,449
Current assets
Cash at bank and in hand 15,205 11,262
Creditors: amounts falling due within one year 15 876 830
ৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ
Net current assets 14,329 10,432
ৄৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄৄ
Total assets less current liabilities 506,487 491,881
ৄৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄৄ
Net assets 506,487 491,881
৶৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶৶
Funds of the charity
Unrestricted funds 506,487 491,881
ৄৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄৄ
Total charity funds 16 506,487
৶৶৶৶৶৶৶৶৶
491,881
৶৶৶৶৶৶৶৶৶

These financial statements were approved by the board of trustees and authorised for issue on 18/02/2026 ........................, and are signed on behalf of the board by:

Sarah Henderson

Sarah Henderson (Feb 18, 2026 17:25:20 GMT)

Mrs S F G Henderson Trustee

The notes on pages 6 to 10 form part of these financial statements.

5

Mrs Jane Allan's Trust

Notes to the Financial Statements

Year ended 30 June 2025

1. General information

The charity is a public benefit entity and a registered charity in Scotland and is unincorporated. The address of the principal office is c/o Nelson Gilmour Smith, Chartered Accountants, Mercantile Chambers, 53 Bothwell Street, Glasgow, G2 6TB.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Charities and Trustee Investment (Scotland) Act 2005 and the Charity Accounts (Scotland) Regulations 2006 (as amended).

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

There are no material uncertainties about the charity's ability to continue.

Disclosure exemptions

The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. As such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102:

(a) No cash flow statement has been presented for the company.

(b) Disclosures in respect of financial instruments have not been presented.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

6

Mrs Jane Allan's Trust

Notes to the Financial Statements (continued)

Year ended 30 June 2025

3. Accounting policies (continued)

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.

Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.

Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.

Incoming resources

All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:

Resources expended

All expenditure is included on an accruals basis and is recognised when there is a legal or constructive obligation to pay for expenditure. All costs have been directly attributed to one of the functional categories of resources expended in the SoFA. The Trust is not recognised for VAT and accordingly expenditure is shown gross of irrecoverable VAT.

Investments

Unlisted equity investments are initially recorded at cost, and subsequently measured at fair value. If fair value cannot be reliably measured, assets are measured at cost less impairment.

Listed investments are measured at fair value with changes in fair value being recognised in income or expenditure.

7

Mrs Jane Allan's Trust

Notes to the Financial Statements (continued)

Year ended 30 June 2025

4. Donations and legacies

Unrestricted Total Funds Unrestricted Total Funds
Funds 2025 Funds 2024
£ £ £ £
Donations
Donations 1,033 1,033
৶৶৶৶ ৶৶৶৶ ৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶
5. Investment income
Unrestricted Total Funds Unrestricted Total Funds
Funds 2025 Funds 2024
£ £ £ £
Income from listed investments 14,917 14,917 13,676 13,676
৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶
6. Investment management costs
Unrestricted Total Funds Unrestricted Total Funds
Funds 2025 Funds 2024
£ £ £ £
Portfolio management 3,656 3,656 3,284 3,284
৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶
7. Expenditure on charitable activities by fund type
Unrestricted Total Funds Unrestricted Total Funds
Funds 2025 Funds 2024
£ £ £ £
Charitable activities 13,500 13,500 12,000 12,000
Support costs 880 880 830 830
ৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ
14,380 14,380 12,830 12,830
৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶
8. Analysis of support costs
Charitable
activity Total 2025 Total 2024
£ £ £
Governance costs 876 876 830
৶৶৶৶ ৶৶৶৶ ৶৶৶৶
9. Analysis of grants
2025 2024
£ £
Grants to institutions
Homestart 4,500 4,000
Glasgow Children Holiday Scheme 4,500 4,000
Scottish Nautical Welfare Society 4,500 4,000
ৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ
13,500 12,000
ৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ
Total grants 13,500 12,000
৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶

8

Mrs Jane Allan's Trust

Notes to the Financial Statements (continued)

Year ended 30 June 2025

10. Net gains on investments

Unrestricted Total Funds Unrestricted Total Funds
Funds 2025 Funds 2024
£ £ £ £
Gains/(losses) on listed investments 17,725 17,725 52,116 52,116
৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶
11. Independent examination fees
2025 2024
£ £
Fees payable to the independent examiner for:
Independent examination of the financial statements 876
৶৶৶৶
830
৶৶৶৶

12. Staff costs

The average head count of employees during the year was Nil (2024: Nil).

No employee received employee benefits of more than £60,000 during the year (2024: Nil).

13. Trustee remuneration and expenses

Trustees do not receive remuneration or benefits for services rendered as Trustees.

14. Investments

Listed
investments
£
Cost or valuation
At 1 July 2024 481,449
Additions 54,516
Disposals (60,114)
Fair value movements 16,307
ৄৄৄৄৄৄৄৄৄ
At 30 June 2025 492,158
৶৶৶৶৶৶৶৶৶
Carrying amount
At 30 June 2025 492,158
৶৶৶৶৶৶৶৶৶
At 30 June 2024 481,449
৶৶৶৶৶৶৶৶৶
All investments shown above are held at valuation.

Financial assets held at fair value

Investments are valued at market value.

9

Mrs Jane Allan's Trust

Notes to the Financial Statements (continued)

Year ended 30 June 2025

15. Creditors: amounts falling due within one year

2025 2024
£ £
Accruals and deferred income 876 830
৶৶৶৶ ৶৶৶৶
Analysis of charitable funds
Unrestricted funds
Gains and At
At 1 July 2024 Income Expenditure losses 30 June 2025
£ £ £ £ £
General funds 491,881 14,917 (18,036) 17,725 506,487
৶৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶৶
Gains and At
At 1 July 2023 Income Expenditure losses 30 June 2024
£ £ £ £ £
General funds 441,170 14,709 (16,114) 52,116 491,881
৶৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶৶
Analysis of net assets between funds
Unrestricted Total Funds
Funds 2025
£ £
Investments 492,158 492,158
Current assets 15,205 15,205
Creditors less than 1 year (876) (876)
ৄৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄৄ
Net assets 506,487 506,487
৶৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶৶
Unrestricted Total Funds
Funds 2024
£ £
Investments 481,449 481,449
Current assets 11,262 11,262
Creditors less than 1 year (830) (830)
ৄৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄৄ
Net assets 491,881 491,881
৶৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶৶

16. Analysis of charitable funds Unrestricted funds

17. Analysis of net assets between funds

10

Mrs Jane Allan's Trust

Management Information

Year ended 30 June 2025

The following pages do not form part of the financial statements.

11

Mrs Jane Allan's Trust

Detailed Statement of Financial Activities

Year ended 30 June 2025

2025 2024
£ £
Income and endowments
Donations and legacies
Donations 1,033
ৄৄৄৄ ৄৄৄৄৄৄৄ
Investment income
Income from listed investments 14,917 13,676
ৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ
ৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ
Total income 14,917 14,709
৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶
Expenditure
Investment management costs
Portfolio management 3,656 3,284
ৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ
Expenditure on charitable activities
Legal and professional fees 880 830
Donations 13,500 12,000
ৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ
14,380 12,830
ৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ
ৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ
Total expenditure 18,036 16,114
৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶
Net gains on investments
Gains/(losses) on listed investments (17,725) (52,116)
ৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ
ৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ
Net income 14,606 50,711
৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶

12

Mrs Jane Allan's Trust

Notes to the Detailed Statement of Financial Activities

Year ended 30 June 2025

2025 2024
£ £
Expenditure on charitable activities
Charitable activities
Grant funding activities
Donations 13,500 12,000
ৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ
Governance costs
Governance costs - accountancy fees 880 830
ৄৄৄৄ ৄৄৄৄ
ৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ
Expenditure on charitable activities 14,380 12,830
৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶

13

Mrs Jane Allan's Trust - Final Accounts

Final Audit Report

2026-02-19

Created: 2026-02-11 By: Louise McAulay (louisemcaulay@ngs-ca.co.uk) Status: Signed Transaction ID: CBJCHBCAABAA5UBwxLmPI2Pe3yYV5hdp4H0iYMyB5t5S

"Mrs Jane Allan's Trust - Final Accounts" History

Document emailed to Sarah Henderson (sfghenderson@hotmail.com) for signature 2026-02-11 - 10:31:12 AM GMT

2026-02-11 - 11:48:21 AM GMT

Document emailed to Louise McAulay (louisemcaulay@ngs-ca.co.uk) for signature 2026-02-18 - 5:25:21 PM GMT

Agreement completed.

2026-02-19 - 1:48:11 PM GMT