APPENDIX 1 oscr- ericKJ star_ dete Yea": Period end d2-.e Day Fro 01 January 2024 Ji DeEBrnbtsr 2024 Office of the Scotttsh Charity Regulator Reference and administration details Charfty name Other names charity is known by Reglstered charity number Charlty's principal addr888 Mr5 Margaret Douglas Trust SC012171 Postcode Names of the charfty trustees on dats of approval of Trustees. Annual Report 10 11 12 13 14 15 17 18 19 20
APPENDIX 1 Reference and administration detsils Names of all other charity trustees during the period, rf anyy (for example, thosewho resigned part way through the financial period Structure, governance and management Typa of governing document Trusleo re¢rultment and appolntment The trustees have power by majoiity lo appoint new trusteès. The trustees meet annually and otherwise as the salisfaclory management of the Trust reasonably requires. They maintain minutes of such meetings and records of all transactions affecting the trust fund as reasonably required in the prudent management of the Tnjst. Objectives and activities Charitsble purpos9S The principal object of the Trust is to appty the income for the benefit of the Town of Inverness t&)th as a place of residen and as a business or industrial ntre and for the improved health. comfort. and prosperity of the communtty as a whole. Summary of the maln actlvltles In relOn to these objects
APPENDIX I Achievements and perfonnance Summary of the maln achlevements of l-Annualty the Trust advertises in the local paper, The Invemess Courier, the charlty durlng the financial period and on Facebook for 8ppliab.ons for financial assistance. All applications have to be supported by a copy of the applic8nVs accounts and a statement setting out how the ndS would be used and what would be achieved. Suctsssful aDpli¢snts are informed that each application is considered on its merits and no guafftntee is given of future funding. In the year lo 31 December 2024, grants of £15,74512023- £13,3151 have been made. Financial review Brief statement of the charty's policy on reserves In carying out the purposes of the Trust the trustees shall have the widesl powers and discretion and they may rnanage the investment of the trust fund as if they were tne beneficial owners thereof. Without prejudice they may invest in bank and building society savings accounts, goverllrnent secuth.es and company shares. Further, they shall have the widest discretion in the use and application of the trust fund. In particular they may make outright grar.ls of finance, loans or investments in the furtherance of the purEx)ses of the Trust. They may delegate lo such persons as they think aTe suitably qualified any matter relating to the routine wot* of the Trust and they may appoint one of their number of suitably qualified to act as a solicitor or accountant lo the Trust on the basis ol payment of appropriate professional remuneration. The Trustee5 instwct Investnent Managers lo review and make recommendations for , improvement of ihe Trust portfolio. Details of any deficit Donated facilities and service5 {if any)
APPENDIX Other optional Anformation Declaration The trustees declare that they have approved the trustees. report abovo. Slgned on behalf of the charity's trustees Slgnaturelsl Full namelsl Posltlon le.y. Chalrl Datè
APPENDIX2 SC Nt èelow Mrs Margaret Douglas Trust Receipts and payments accounts SCO12171 OSCR P¥i¢4W C. Forthe period from Ye¥ Scottish crity Regul6tDr oi 2024 DeEEmker 2Q24 Section A Ststement of recelpts and payments Unwostricted funds Expondablt Permanont Total fvnds 1 porfod Totsl furnds last pbrlod funth furf19 fnrur£ A1 Rec21 ts Don8ti-ns Lellaci8s Gr1 R8ceipls frotn fuidtasing acvth8s GrGss traGing rewpts Income from Investments thr then 1$.014 3.820 1fj,018 3,62r 14,499 4519 RlS froT land & building8 Gros5 rep,.9 from other lIab a¢bvitles Aq Sub totsl 18,638 14.638 15,018 A2 Recelpt6 from asset& Invfjstmont$810s Pioc£ed5 from sale of fixad aB5e prord5 frotn 5alg of investments A2 Sub total 42,789 42.V89 42.769 41789 28,263 28,263 Totelrecetpts 61,427 6q.427 47,280 A3 Payments Exrenses for furdrals'.ng actie$ Gros9 11svJing p8yw.enL4 Invesent mawoemenl PawEnls relating directtry tharitsblp adMbe# Grants and donati¥ 15.745 15.745 13215 Governance A8t8.' ditl Independent ex¥ini18tr Prepattlon ofawus18ccI5 Legal costs Oiher 1260 5,749 854 IA20 5,570 819 5,749 A3 Sub totsl 23,608 23.608 21.Q24 A4 Paymenth retaung to Assetand Invesbxant movemnts Purthasds offi¥ed setg Pur¢h¥$B of InvestrYnts 39.003 39,003 39.003 39.D03 22.237 22,237 A4 Sub totsl rotslpayments &2,61t 43,2ei 11,1841 1.184 4,919 A5 TransfeTr to I lfvom}funds SuTplus/(deffd¥ foryr 11,184 1.184 4,Q19
Mrs Uargaret Douglas Trust Sectloll B Ststement Mrs Margaret DoLiglas Triist SC012171 Bl ¢h 2D,420 2$AtI 4011 Cuh4nd barlrbthr•s•rdgf> 28246 2&246 29 •XCLrliJl ral% 290,87 102,2tr7 135W5 43S23 BJ oth a669ts 7T0 7TJJDU ,tyJD Ly:r B4 Ll(LbllW 2,496 T1 2.4)5 2.21J ty4 ro LW?oIZpp¥ )l*l
AP)ENCIX2 Margaret Douglas Trust SC012171 Section C Notes to the Accounts C1 Nalura an¢1 purpo88 of funds fma/ba stated on an8ly,k8 of lunds ArSeets} Type of a¢d¥Fty OT prOjt supportod AsIn.8 lief Ifiveilws 1,250 1,500 770 1?.h n¥etr%4 BJTJ ChrJtlaThoJtr)h fHI?tro I.-vEKrtt8 --nbrgI Scv.pcF.-JJi¢$¥ 1,000 1,250 1,975 1,250 500 ..4iiNarwJ1135p.ia4 CBTr.Corcert .r.¥ene53 FJ9¢j.. IEDQV3i p h Aurknf- T8apDITrug 1,SOQ 1,000 1.OOQ T¥)der Lovr-- C&p 1,0 750 Ina.4(se Ch"mtwPknkn .OLJr£ 1.0 1S.745 C3a TntStee rernuner4tion 11 rwUrllb- -ll W115 wd dth-.g L Feknd 8nYthar1tytvQe .-EOr. (x)nr.eded trj a cmss IfL bl01eTw 1X)p[w sectian 3il Authorfty under%thlGh pold ¢3b Trustse rErnuneratlon- detalis C4a Tru6te¢ oxpanses fno eXFen5es %re pa t." any cherty pe.0d voss Ihkq box lolhe.wJise Sec1. 4 Ji NUb7 Of C4b Trusteo expenses. d8talls arnounl (4 at NatUTe of relaionshlp ofts3n5aGtK)Tr r.ad end C5 Transactions with trustees and eonnected porsons C6 Other Infomiation Rec&pts & 2J24ff Nctos 2LK)7
APPENDIX 3 OSCR Scottirh Charty Regjlator IndeLendent examiner's re lJlrs Maryaret Douglas Trust ort on the accounts V2 Report to the tru5teeslmernber5 of Reglstered charlty ! SC012171 number I_ On th• accounts of the j Period siatti da- charltyfor the perfod Period dats mor.th Year YeJr ar.uary 2024 December 024 Set out on pagos IrereThbeiti Indudèthè oAgé umbyselac-""ICii81:£c.ts? Respectlve The charity's trustees are responsib.'e for the preparydtion of the aocounts in a¢cordanc8 responslb1leS of with the tem,s of the Chariiies an¢ Trustee Invesbnent IScotlana12005 AGt and Ihe trustees and examiner charrtr.es Awounts IS¢oLlandl Regulations 2000. The charity trustees ccnsiaor that Ihe audit requirement of Regulation 10{1) Idl of the A¢counts Regulations do88 not appty. It is rriy responsibility lo examine the accounts as required under secti( 44111 (-) of the Act and to stste vihetb.er particular matr.ers havè come lo my ayen-ion. Basis of independent My examination 1$ carried out in accordance with ReguLab'on 11 of the CharitiÈs examIneS statement Accounts Iscouandl Reoulafjons 2006. An examlnation includes a revi8w of the accounting tt0rds keJt by the charity and a co1parIS0 of the accounts presentèd with those records. It also i4cludes consideration of any unusual fcerns or disclosures in the accounts an4 oeèks explana'ior.s trom the trustees conceming any such rnatters. The pr0-UreS undertaken do not provide all the evidence that woJld be required in an audit j and, cons8quentty, I do not express audrt opinion on the accounts. Indèpendenl oxaminer's In Lhe course o., my examination, no matter has CDme to my attention jother ihan that statement disclosed on the attachal page"I which gives rne reasonable cause to believe that in any nalerial respect Ihe iequirernents". io keep accounting records in accordance with secb'on 4411} jal of the 2005 Act and Regulat.on 4 0.: the 20C6 Accounts Regulations. and to prep2re accounts which aord with the accounting records and comply with Regulat-.on 9 0.1 the 20CE Accounts Regulabons have not be8n met. or to which. in my opinion, attention should be drawn in order to etbable a proper -ounts to be reached. undersl?nding of the ac- Date: Slgned: Rgl&vant prof8sslonal qualificatlonlsl or body icAc lif any): - ramp .Kpni-. 4y Address. ]e-rope i- -an F.=usc -?3 F_lg_i S-reet T'JI I HT 'Pl•8s8 deleta the word8 in the b"adtcts rfttw uo not Bppty. thA words th) appy. sét thcSÈ matters Mthich have cune ts yoir attsniion on:h8 -.ollowiiig pwje.
APPENDIX 3 Disclosure section Only complete if the examiner needs to highlight material problems. Glve here brlef details of any items that the 8xaminer wishes to disclose