MARY CARRUTHERSY TRUST UNAUDITED FINANCIAL STATEMENTS 31- DECEMBER 2024 SCOThI8H CHARITY NUMBER:. SC011793 CARSON & TROTTER CHARTEREO ACCOUNTAp¥rs 123 IRISH STREEr DUMFRIES DG12PE
Camrthers. Trust Scottish Chari Number SC011793 Truslees. Re ort and Accounts for the ear ended 31st December 2024 Current Trustees G G & B Nominees Limited Contact Addrn8S clo Gillespie. Grfford & Brown LLP, 135 King Street. Castle Douglas, DG7 1 NA Recrultment and Appolntmont of Trustoes Hlstoritxlly the Trustees were appointed ex offirio but following a serfes of assumptlon5 and resKJnations, the current trustees are GG&B Nominees Limited. appointed by D8&J of Assumptlon and Conveyance Incorporating re8ignation signed on 16th and 2161 May 2009, and registered on 51h June 2009. Govornlng Document The trust was set in term8 of the Trust Disposition & Settlom8nt of Mrs Mary 8utl8r or Carruther8 dated 27 April 1820 and ¥th reLalN6 Codicils recorded in the Sheriff Court Books of the County of Dumfries on 26 Octob8r 1829. Charttable Purposes To apply the residue of the eslate towards the support or comfort of ten or f8w6r of the oldest aTh whal they consider th8 most n6edy. lame or blind poor women in Dumfries natives of the parish or if there be none of these then to such other poor woman also nalives of Dumfri85 as they consid8r appropriate objects of charlly. Activities and Achlevernents Propor maintenance of the Tntst's hgritsble properly, and malntenance 8nhanc8m8nt of It8 liquid capital r888rv88 vtss carried out by the Trust during the year. Tvustees, Remunor8tlon and Expense• The trustee. narnely G G & B Nominees Limited, 18 th8 nomln88 MpanY of Gllle$pl8 Glfford & Brown LLP whose partners are also directors of GG&B Nominees Limitad. Gillespie Gifford & Brown LLP undertake the adminislralion etc of the Trust and charge a fee for this sefvice. No separate fee is charged by GG& B Nominees Llmited. Reservas Déspite fluctuations from year lo year in the level of surplus or d8ficll. w8 ¢X)nllnue to hold 8 healthy balance in reserves, which will enable us to continue our actiwtles without falter. There was a surplus for the year 01 £615 (2023: surplus £714). At the year er#J. Ihe charlty held unrestricted funds of £25,585. The charity holds investments. the income from whtch suppc*ts ts objaets. The unrÈstri¢t6d funds represent income earned but Th)t yet utilised. The accounts for the year are attached arKI fomi part of thts rewrt. This report was approved by the truslees on 4th September 2025 and svJneé on their behalf by:
Carruthers, Trust Scottish Chari Number SC011793 Recei ts and Pa ents Account for the ear ended 3181 D•cember 2024 2024 2023 Recel ts Inleresl and Dividends Cash Collected from Electriclty Meters Proceeds frorn sale of shares 11.964 18,172 1,199 28 81,910 23.521 Total Receipts 95,073 41.721 Pa ments Charitable Activities: Maintenance and Repairs to Propety Insurances Electricity Accounts Gas Accounts Council Tax 4,288 11,026 3,786 3,557 1,049 1.537 1,674 1.834 742 10.797 18,696 Governance Costs: Admlnistration Expenses Management Expenses 3,524 4,801 3,000 3.000 6,524 7.801 17,321 26.497 Purchase of Shares 77,137 14,510 Total Payment8 94,458 41,007 Surplus for th8 year 615 714 All funds are unr8Strfct8d
Carruther5' Trust Scottish Chari Numbar SC011793 Statemant of Balances as at 31si December 2024 2024 2023 Bank and Cash in H Opening B8lances Surplus for the yèar 24,970 24.256 615 714 Closing Balances 25,585 24,970 erv General Unr8stricted Funds 25.585 24,970 Ckising Balanc98 25.585 24,970 Investmènts at market V8lu8: Ralhb)n8 Investment Portfol50 322,989 318.174 322.989 318.174 Herftable Prop8ty.- 11 Cotteges at Nrthbank, valued at 26.11.14 770.000 770,000 Superlority Subjects In Dumfrle8 and Dalbeattl8: Lovers Walk and Rae Streat. DLbmfries New Abbey arKI Nether Dalbgattie 15 15 90 105 105 Debtors:. Sum due by debtors of estate 2,70D 2,700 Liabilities Law Accountant's Fe88 Ag8nls' Fees 228 76 4.980 3,024 5.208 3,100 The charity has rKJ olher Investments. 8ss6ts or meterial liabilities. Approved by Truslees on 4th September 2025 and sned on their behalf by.
Carruthers, Trust Inde ndent Examinerfs Re rt to the Trustees I report on Ihe unaudited accounts of the Charity for th8 year ended 31 Dember 2024, which are set out on pages 1 to 3. Respective R88pon8ibilities of the Trustees and tho Examlnar Th8 charity's committee members are responsible for the prepardtion of the aOunts in accordance with the terns of The Charities and Trustee Investment (Scollandl Act 2005 and The Charities Accounls (Scotland> Regulaiions 2006. The chartty committee members consider that the audit r8qulrem8nt of Regulation 10(11(d) of th& Accounts Regulations does not apply. It is my responsibility to exami the accounts as required uThler Section 44(1 Xcl of the Act and to state whether particular matters have com6 to my attents'on. Ba818 of Independent Examinorf6 R•port My examinatlon is carrled out in accordance wilh ReguLqtion 11 of the Charttles Accounts {Scotland} Regulations 2006. An examination indudes a review of the accounting records kèpt by the charity and a comparison of the accounts presented wth those records. It also includes consideration of any unusual items or dlsclosures in thé accounts. and seeks explanations from the committee members concerning any such matters. The pro¢edures undertaken do not provide all the evidenco that would be required in en audiL arid cons8qU8ntly I do not express an audlt Opin on the vlew gNen by the accounts. Indepndent Examln•e3 Statomont In the course of my examinatlon, no matter h88 to my allenllon: (1) which glves me reasonable ¢ause to belwe Ihat in any material respeL the roqulrements: (a) to keep accounting records In aCrdance with Seciion 44(1 Xa) of the 2005 Act and Regation 4 of the 2006 accounts Regulatlons: and (b) to prepare account$ which accord with the accounting recordg and comply wlth Regu18tion 9 of the 201)6 ACUnts Regulati(s. have mt been met; or (2) to whlch. In my oplnson. attention Should be drawn In ordw to enablp a proper urKlerstandlng of the account8 to b8 reached. Carson & Trotter Chartered Accountants 123 Irish Street Dumfrias DG12PE 1W September 2025