Governors of Alexander Mackenzie’s Trust
A Scottish Recognised Charity: SCO12794
Trustees Annual Report and Accounts For the Year Ended 31 August 2025
## ALEXANDER MACKENZIE’S TRUST
Scottish Charity Number $CO12794
Chairperson Tracy Sinclair
Clerk: Treasurer & Secretary Frank Stephen
Trustees Tracy Sinclair Heather Rosie Rev Gordon Martin Rev Monika Redman
Contact Address Frank Stephen Dunnydeer Ord Road Muir of Ord IV6 7XL Tel 01463 870065
Bankers Bank of Scotland Inverness City
## ALEXANDER MACKENZIE'S TRUST
## TRUSTEES REPORT
The Trustees have pleasure in presenting their report and financial statements of the charity for the year ended 31 August 2025
RECRUITMENT AND APPOINTMENT OF TRUSTEES The administration of the Trust is carried out by a committee comprising Chairperson, Treasurer, Secretary and a minimum of two other persons. All of the trustees are appointed or reappointed at the general annual meeting.
## GOVERNING DOCUMENT
The Trust is a charitable unincorporated body and the purposes and administration arrangements are set out in our constitution.
## CHARITABLE PURPOSES
Our purpose is to assist in the educational advancement of the youth who reside in the Parish of Urray,
## ACTIVITIES AND ACHIVEMENTS
In the year under review two grants were paid out to youth organisations in the Parish of Urray namely Marybank School Fund and Tarradale School Fund, The latest set of Accounts show a Bank balance held of £1,782.74 the disbursement of which will be decided at the Annual General Meeting in October. All income distributed is derived from the proceeds of Unit Trusts.
## TRUSTEES REMUNERATION AND EXPENSES
No remuneration or expenses are paid to Trustees or Clerk.
## RESERVES
All funds are restricted in so far as they are to be used to support the youth in the Parish of Urray. The Trust held restricted funds of £1,782 (2024- £1,909) at the year end and held investments at the market value of £44,274 (2024 - £46,048). The trustees consider the fund value will enable us to continue to support the Urray community for the forthcoming year.
FUTURE ACTIVITIES Thebeneficiaries Investmentsand continuelittle change to giveis expected the Trustin a the goodcoming source twelve of income months. for distribution to the
Approved by the Trustees and signed on their behalf:
Tracy Sinclair, Chairperson of Trustees.
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||ALEXANDER|MACKENZIE'S|TRUST|_ Er|||ee|ee|
|[Receipts|&|Payments|Account|for|the|Yearended|31|August 2025.|
|2|___Restricted||_TotalFunds|__—_—Total|Funds|
|jRECEIPTS ||Funds|||20250|7|2024|
|Janusne.‘Allianz HendersonGlobal Investors|_|||327.18|| £1,446.03/ [@| £.1,446.03/|[327.48]|[||B|£1,554.18347.74|
||eh|||
|ee ||,£1,773.21|||[£1,773.21;|—_||£1,901.92|
|a|fo|
|__|CHARITABLE ACTIVITIES|+ Tr|po|
|__GiftstoOrganisations ||t~S™S|
|Po ft||£1,900.00;|=||£|1,900.00|| ||£ 1,720.00|
|'Deficit|for the|year|||£|126.79|||'£|126.79|Surplus|||£|181.92|
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| ____—« [ALEXANDER MACKENZIE TRUST ae ia __|
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jpetoment of Balances as at 31 August 2025 |
L 2025 2024)
Bank& Cash in Hand| | £ | E . _ a
|Surplus/Deficit_forOpening Balance [Year] a a -|£|£ 1,909.53;126.79 |+/£ £ 1,727.61)181.92)
7 'Closing Balances £ 1,782.74 £ 1,909.53 |
ee ee an a 2
~ RESERVES —
Restricted £ [1,782.74)] | 1,909.53)£ |
- —AlianGiobal investors £32,645.00| _—| £35,261.00 =
ae a £44,274.00, | £46,04800;, at.
Closing Balance _
_________and‘Theseen financial statements wereSeapprovedae by the memberseeof the company onthe
are signed on their behalf b 2 [
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a aa — ~ _ rs as a aniieaiiiniin
- _| Tracy Sinclair 7 7 7 _ : a
|Chairperson of Trustees _| | | i —
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ee ee Oe Sees ee
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## APPENDIX 3
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Scottish Charity Regulator
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Report to the ____IndependentCharity name examiner’s reporton the. accounts
trustees/members of Alexander Mackenzie Trust
Registered charity SCq4570;, }3> eas
Onthe accounts ofthe —_——s“ Periodstartdate tC CC“‘éPid
charity forthe period Day === Month sear ee 2 eee ee eM eeate ee
01 09 2024 to 31 08 2025
Setoutonpages i tti—(i‘iRespective The charity's trustees are responsible for the preparation of the accounts in accordance
responsibilities Of with the terms of the Charities and Trustee Investment (Scotland) 2005 Act and the
trustees and examiner Charities Accounts (Scotland) Regulations 2006 (as amended). The charity trustees
consider that the audit requirement of Regulation 10(1) (d) of the 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 My examination is carried out in accordance with Regulation 11 of the 2006 Accounts
examiner's statement 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, consequenily, | do
not express an audit opinion on the view given by the accounts.
independent examiner’s _ In the course of my examination, no matter has come to my attention [other than that
statement disclosed on the attached page*]
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q4570;, }3> eas
1. which gives me reasonable cause to believe that in any material respect the requirements:
- to keep accounting records in accordance with section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations, and
- e to prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts Regulations
## have not been met, or
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2. to which, in my opinion, attention should be drawn in order to enable a proper
understanding of the accounts to be reached.
Name: \\.Lc aay Arve RvSS :
qualification(s)Relevant professionalor body BAn\L OFFICER (een2 aed)-
(if any): :
Address: 6 er PecrTrow PLACE
Mouri1@ of OF
Iie UT Cy
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## APPENDIX 3
## Disclosure section
## Only complete if the examiner needs to highlight material problems.
Give here brief details of any items that the examiner wishes to disclose