RJI/SCA CA1070-0001
MRS CAROLINE J B CUTHBERT'S CHARITABLE TRUST (THE "CARAM TRUST")
CHARITY NO. SCO13549
REPORT OF THE TRUSTEES
and
ACCOUNTS From: 1 October 2024 To: 30 September 2025
MRS CAROLINE J 8 CUTHBERT'S CHARITABLE TRUST
(THE "CARAM TRUST") Report of the trustees for the year ended 30 September 2025
The Trustees present their annual report and frrancial statements cf the chartable trust for the year ended 30 Septernber 2025. The financial statements have been prepared in accordance with the accounting pclicies set out in cte 2 te the accounts and comply with the charty’s trust deed the Charities and Trustee investment iScotiand) Act 2005S The Charities Accounts (Scotiand Regulations 2006 (es amended} and Accounting and Renorting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Effective 1 January 2019)
Objectives and activities
The objectives of the Trust and an indication of its wide remit may perhaps be best expressed by quoting from Clause (SECOND) of the Trust Deed itself:-
"(SECOND) The Trustees shall hold, manage and administer the Trust Estate as a CHARITABLE TRUST for the purpose of making donations subscriptions or grants or payments or benefits in any other way from the income and if thought fit also from the capital to such charitable bodies or organisations or purposes as the Trustees may decide which are recognised at the time of payment as charitable by the Commissioners of Inland Revenue DECLARING that the Trustees shall have sole discretion as to which of the beneficiaries shall benefit from time to time and in what manner or way and to pay out the whole income of the Trust Estate in any year or to carry it forward in whole or in part to later years”.
Grant making policy
Grants are paid normally from the trust income to a wide variety of charitable bodies (not individuals) in response to applications received and in implement of the trust purposes.
Achievements and performance
During the year to 30 September 2025 the trustees awarded 29 grants totalling £54,000, ranging from £1,000 to £3,000.
During the year to 30 September 2024 the trustees awarded 27 grants totalling £48,000, ranging from £1,000 to £3,000.
The Trust has undertaken and will continue to undertake its customary range of activities all of which are in accordance with its objectives.
-2MRS CAROLINE J B CUTHBERT'S CHARITABLE TRUST (THE "CARAM TRUST")
Report of the trustees for the year ended 30 September 2025 (Contd.}
The Charities Aid Foundation account held £370 and this was donated to Killearn Cottagers Horticultural Society. The account was closed on 1st May 2025.
Financial Review
The funds of the Trust were established by an original donation by the late Mrs Cuthbert and substantially increased following the final distribution of Capital from another Trust known as the Mitchell Settlement (a@ one-tenth share of which had been assigned to the Caram Trust). Funds are invested under professional advice.
Investment income arising during the year totalled £30,825 (2024: £60,775) and gains on sales of £70 and on revaluation of £94,998 (2024: Gains on revaluation of £216,222) were incurred.
The Trustees meet annually following preparation of the annual Trust Accounts to 30 September. Certain charitable donations are considered at that meeting and again in the Summer each year when Trustees are advised of the then current capital and revenue cash balances. Incidental donations may be made at other times in the year at the instigation of individual Trustees.
Investment policy and performance
In terms of the Deed, the Trustees are empowered to invest the trust funds in or lend the same on the security of any heritable or real property or any stocks or shares or other securities whether authorised by law for investment by the trustees or not.
The investment policy is to maintain a balance between income and capital growth, subject to a medium degree of risk. The investment performance is reviewed regularly by the trustees.
'
MRS CAROLINE J 8 CUTHBERT'S CHARITABLE TRUST (THE "CARAM TRUST")
Report of the trustees for the year ended 30 September 2025 (Contd.}
Risk Management
The Trustees have considered the major risks to which the Trust is exposed and consider that there were sufficient safeguards in place to mitigate those risks. The major risk is that all the funds are held by Sarasin and that the assets are held in their nominee company. Sarasin have provided the trustees with an ASAE 3402 report that confirms the nominee is separate from the trading entity. Any cash funds held by Mitchells Roberton are protected under the Law Society of Scotland Practice Rules 2011 incorporating the Solicitors (Accounts) Rules 2001.
Reserves policy
The Trustees retain sufficient reserves to ensure that it is able to meet its overheads and objectives.
Structure, governance and management
Founding Document and Trustees
The Caram Trust is a Charitable Trust set up by the late Mrs CarolineJ B Cuthbert, by Deed of Trust dated 2nd June 1969 and registered in the Books of Council & Session on 10th July 1969.
Accordingly, during the accounting year reported on, the Trustees were:-
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1 Mrs Rosemary Louisa Henriques
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2 Mrs Amanda Jane Swanson
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3 Mr Patrick Alick Cuthbert
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4 Mrs Elisabeth Scott
-4MRS CAROLINEJ B CUTHBERT'S CHARITABLE TRUST (THE "CARAM TRUST")
Report of the trustees for the year ended 30 September 2025 (Contd.)
Reference and administrative information
Trustees
Mrs Rosemary Louisa Henriques Mrs Amanda Jane Swanson Mr Patrick Alick Cuthbert Mrs Elisabeth Scott
Principal Office and Solicitors Mitchells Roberton Solicitors George House 36 North Hanover Street Glasgow Gi 2AD
Charity Number: $C013549
independent Examiner Karen Rae FCCA DChA Armstrong Watson LLP Caledonia House 89 Seaward Street Glasgow G41 1H)
Bankers
Royal Bank of Scotland PLC Glasgow City Branch 10 Gordon Street Glasgow G1 3PL
Investment Advisor Sarasin & Partners LLP Juxon House 100 St. Paul's Churchyard London EC4M 8BU
MRS CAROLINE J 8 CUTHBERT'S CHARITABLE TRUST
(THE “CARAM TRUST")
Report of the trustees for the year ended 30 September 2025 (Contd }
Trustees’ responsibilities in relation to the financial statements
The Trustees are responsible for preparing an annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom generally Accepted Accounting Practice).
Charity law requires the Trustees to prepare or have prepared on their behalf Accounts for each financial year which give a true and fair view of the state of affairs of The Caram Trust and of the income and expenditure of The Caram Trust for that period. In preparing those accounts, the Trustees are required to:-
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1 select suitable accounting policies and then apply them consistently;
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2 observe the methods and principles of the Charities SORP;
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3 make judgements and estimates that are reasonable and prudent;
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4 state whether applicable accounting standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements;
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5 prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable trust will continue in existence.
The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of The Caram Trust and to enable them to ensure that the accounts comply with the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended).
They are also responsible for safe-guarding the assets of The Caram Trust and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
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Approved by the Trustees on ZSoMFegrumy 2°92 G
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and signed by Rosemary Louisa Henriques (Trustee) on their behalf and as authorised by them , KLLLL Hocigiea
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MRS CAROLINE J B CUTHBERT'S CHARITABLE TRUST (THE "CARAM TRUST")
Statement of Financial Activities for the year ended 30 September 2025
| Note | Unrestricted | Restricted | Endowment | Total | Total | Total | |
|---|---|---|---|---|---|---|---|
| Funds | Funds | Funds | Funds | Funds | |||
| 2025 | 2024 | ||||||
| £ | £ | £ | £ | £ | |||
| Income | |||||||
| Investments | a | 30,825 | 30,825 | 60,775 | |||
| Oebtor | 4 | 20,000 | 20,000 | ||||
| Total income | 30,825 | 20,000 | 50,825 | 60,775 | |||
| Expenditure | |||||||
| Charitable donations | 5 | 54,000 | 54,000 | 48,000 | |||
| Support costs & Invest. Charges | 6a&b | 5,167 | 8,112 | 13,280 | 13,201 | ||
| Total expenditure | 59,167 8,112 67,280 61,201 ————————————————————————_————————— EEE eee |
||||||
| Net (expenditure) before | |||||||
| (losses)/gains on investments | (28,342) | 11,888 | (16,455) | (426) | |||
| Net (losses)/gains | |||||||
| on investments | 8(c) | 95,068 | 95,068 | 216,222 | |||
| Net income | (28,342) | 106,956 | 78,614 | 215,796 | |||
| Transfers between funds | 9 | ||||||
| NetMovement in Funds | (28,342) | 106,956 | 78,614 | 215,796 | |||
| Reconciliation of funds: | |||||||
| Total Funds broughtforward | 11,885 | 2,076,408 | 2,088,293 | 1,872,497 | |||
| TotalFundscarriedforward | (16,457) | 2,183,364 | 2,166,907 | 2,088,293 |
MRS CAROLINE ! 8 CUTHBERT'S CHARITABLE TRUST {THE ' CARAM TRUST")
Balance Sheet as at 30 September 2025
|
| Note | Unrestricted | Restricted | Endowment | Tota! | Total | ||
|---|---|---|---|---|---|---|---|
| Funds | Funds | Funds | Funds | Funas | |||
| 2025 | 2024 | ||||||
| £ | £ | £ | £ | £ | |||
| Fixed assets | |||||||
| Investments | 8(b) | - | - | 2,177,447 | 2,177,447 | 2,090,579 | |
| Total Fixed Assets | - | - | 2,177,447 | 2,177,447 | 2,090,579 | ||
| Current assets | |||||||
| Debtor | 4 | 20,000 | 20,000 | ||||
| Cash at bank and in hand | 9,710 | - | (6,332) | 3,378 | 14,632 | ||
| Total Current Assets | 9,710 | - | 13,668 | 23,378 | 14,632 | ||
| Liabilities: | 10 | ||||||
| Creditors and accruals falling due within | |||||||
| one year | (26,167) | - | (7,751) | (33,918) | (16,918) | ||
| NetCurrentassets/(liabilities) | (16,457) | - | 5,917 | (10,540) | (2,286) | ||
| Net Assets | (16,457) | - | 2,183,364 | 2,166,907 | 2,088,293 | ||
| The funds | ofthe charity: | 11 | |||||
| Endowmentfund | : | - | 2,183,364 | 2,183,364 | 2,076,408 | ||
| Restricted | income Funds | - | - | - | |||
| Unrestricted income funds | (16,457) | - | - | (16,457) | 11,885 | ||
| Total Charity funds | (16,457) - i |
2,183,364 | 2,166,907 2,088,293 —____ |
The notes at pages 8 to 12 form part of these accounts
Approved by the Trustees on 2S m EeEnumy 2926
and signed by Rosemary Louisa Henriques (Trustee) on their behalf and as authorised by them
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.-a)tA VTE.Of nt, ( “gee‘ 707
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MRS CAROLINE J B CUTHBERT’S CHARITABLE TRUST
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(THE "CARAM TRUST")
Notes on the accounts for the year ended 30 September 2025
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1. Accounting policies
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(a) Basis of preparation
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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) (Effective 1 January 2019) and the Charities and Trustee Investment (Scotland) Act 2005 and the Charity Accounts (Scotland) Regulations 2006 (as amended). The accounts (financial statements) have been prepared under the historic cost convention, with the exception that investments are included at market value. The financial statements are prepared in sterling, which is the functional currency of the entity.
The charity is a Public Benefit Entity as defined by FRS 102.
The trustees consider that there are no material uncertainties about the Trust's ability to continue as a going concern. With respect to the next reporting period, 2025-26, the most significant areas of uncertainty that affect the carrying value of assets held by the Trust are the level of investment return and the performance of investment markets (see the investment policy and performance and risk management sections of the trustees’ annual report for more information).
(b) | Funds Structure
Details of the fund structure are disclosed in note 11.
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(c) Income Recognition
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All income is recognised once the charity has entitlement to the income, there is sufficient certainty of receipt and so it is probable that the income will be received, and the amount of income can be measured reliably. Gifts made to the Trust are recognised when they have been communicated to the Trust in writing containing both the amount and the settlement date. Investment income is recognised by the due date of payment. Bank interest is included gross, ona receipts basis. Any recoverable income tax relating to this income is accrued.
(d) Expenditure recognition
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured reliably.
All expenditure including grants, donations, support costs and governance costs, is recognised on an accruals basis. Expenditure is allocated in the Statement of Financial Activities under headings that aggregate all related costs.
MRS CAROLINE 3 B CUTHBERT'S CHARITABLE TRUST
(THE "CARAM TRUST")
Notes on the accounts for the year ended 30 September 2025 {Contd.}
Costs of charitable activities comprise grants made and support costs that comprise all administrative outgoings, internal and external audit, legal advice for Trustees, costs associated with constitutional and statutory requirements and strategic management throughout the year.
(f} Fixed asset investments
Investments are a form of basic financial instrument and are initially recognised at their transaction value and subsequently measured at their fair value as at balance sheet date using the closing quoted market price. The statement of financial activities includes the net gains and losses arising on revaluation and disposals throughout the year.
The Trust does not acquire put options, derivatives or other complex financial instruments.
The main form of financial risk faced by the charity is that of volatility in equity markets and investment markets due to wider economic conditions, the attitude of investors to investment risk and changes in sentiment concerning equities and within particular sectors or sub sectors.
(g) Gains and losses
All gains and losses are taken to the Statement of Financial Activities as they arise. Realised gains and losses on investments are calculated as the difference between sales proceeds and their opening carrying value or their purchase value if acquired subsequent to the first day of the financial year. Unrealised gains and losses are calculated as the difference between the fair value at the year end and their carrying value. Realised and unrealised investment gains and losses are combined in the Statement of Financial Activities.
(h) Taxation
The Charity is exempt from tax on its charitable activities.
2, Related party transactions and trustees’ remuneration
There were no Related Party transactions during the year.
Trustees received no emoluments (2025 £nil) and no expenses (2025 fnil).
3s Investment income
Income paid on Unit Trusts Interest paid on Unit Trusts Interest paid on Cash Deposits
Debtor
Sarasin & Partners Funds due from Liquidity Portfolio to cover Summer Grants
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2025 2024
£ £
30,693 $9,921
66 212
67 642
30,825 60,775
—e|
2025 2024
£ £
——————————————————_J20,000 -
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-10MRS CAROLINE J B CUTHBERT'S CHARITABLE TRUST (THE "CARAM TRUST")
Notes on the accounts for the year ended 30 September 2025 (Contd.}
| 5. | Analysis of charitable expenditure | |||||
|---|---|---|---|---|---|---|
| 2025 | 2024 | |||||
| i | £ | £ | ||||
| Church Grants | ||||||
| (a) Church Grants | ||||||
| 2025 | (i) Winter Donation | |||||
| 04-Apr | Killearn Kirk | £ 3,000.00 | ||||
| (ii) Provision for payment ofSummer Donation | ||||||
| 30-Sep | Killearn Kirk | 2,000.00 | £ | S,000.00 | ||
| (b} Community Support Groups | ||||||
| 2025 | {i) Winter Donations | |||||
| 04-Apr | Tiree Community Business Ltd. | 2,000.00 | ||||
| 04-Apr | The Archie Lloyd Charitable Trust | 2,000.00 | ||||
| 04-Apr | St Abbs Lifeboat Association | 2,000.00 | ||||
| 04-Apr | The Spartans Community Football Academy | 1,000.00 | ||||
| 04-Apr | Seamab | 2,000.00 | ||||
| 04-Apr | Sea Wilding | 2,000.00 | ||||
| 04-Apr | Edinburgh Young Carers | 2,000.00 | ||||
| 04-Apr | Smartworks | 2,000.00 | ||||
| 04-Apr | Aproxima | 2,000.00 | ||||
| 04-Apr | Leuchie | 3,000.00 | ||||
| 04-Apr | Outdoor Access Trust for Scotland | 2,000.00 | ||||
| 04-Apr | Little Village | 1,000.00 | ||||
| 04-Apr | Scottish Schools Pipes and Drums Trust | 1,500.00 | ||||
| 04-Apr | West Sussex Scout Council | 2,000.00 | ||||
| 04-Apr | MS Society | 1,500.00 | ||||
| 04-Apr | Preshal Trust | 2,000.00 | ||||
| 2025 | {ii) Provision for payment ofSummer Donations | |||||
| 30-Sep | Strange Town | 1,000.00 | ||||
| 30-Sep | Cerebral Palsy Scotland | 2,000.00 | ||||
| 30-Sep | Killearn Cottagers Horticultural Society | 1,000.00 | ||||
| 30-Sep | The Tullochan Trust | 2,000.00 | ||||
| 30-Sep | Horatios Gardens | 2,000.00 | ||||
| 30-Sep | Green Hub Project | 1,000.00 | ||||
| 30-Sep | Camphill Village Trust | 2,000.00 | ||||
| 30-Sep | Scran Academy | 2,000.00 | ||||
| 30-Sep | Artlink | 2,000.00 | ||||
| (c) Medical Research/Community Care | ||||||
| 2025 | Provision for payment ofSummer Donation | |||||
| 30-Sep | Strathcarron Hospice | 2,000.00 | ||||
| (d) Armed Forces Welfare | ||||||
| 2025 | Provision for payment ofSummer Donation | |||||
| 30-Sep | The Rifles Regimental Trust | 2,000.00 | ||||
| £ | $4,000.00 | £ | 48,000.00 |
MRS CAROLINE } B CUTHBERT'S CHARITOBLE TRUST {THE “CARAM TRUST")
Notes on the accounts for the year ended 30 September 2625 (Conid.)
{
| Ga. | Support costs | 2025 | 2024 | |
|---|---|---|---|---|
| £ | £ | £ | ||
| Mitchells Roberton (Capital) | 7,200 | |||
| ArmstrongWatson (Capital) | 551 | 7,751 | 7,771 | |
| Mitchells Roberton (Revenue) | 4,800 | |||
| Armstrong Watson (Revenue) | 367 | |||
| 5,167 | 5,167 | |||
| 12,918 12,938 —$—————$$ ——————__—__——_F |
||||
| 6b. | —Investment Charges | 2025 | 2024 | |
| £ | £ | |||
| Sarasin LLP | 362 | 263 | ||
| Fe | Independent Examiner's remuneration | |||
| The independent examiner's remuneration constituted a fee of £918 (2024 £918) | ||||
| 8. | Fixed Asset Investments | 2025 | 2024 | |
| £ | £ | |||
| (a) | Total net proceedsfrom disposals | 8,201 | - | |
| Less: Book value | (8,130) | - | ||
| Add: net gains/(losses) on disposals | 70 | - | ||
| (b) | Movement in fixed asset investments | 2025 | 2024 | |
| Marketvalue broughtforward | 2,090,579 | 1,674,357 | ||
| Add: additions to investments at cost | - | 280,000 | ||
| Disposals atbook value | (8,130) | (80,000) | ||
| Less: net gains/(losses) on revaluation | 94,998 | 216,222 | ||
| Market value as at 30 September 2025 | 2,177,447 | 2,090,579 | ||
| (c} | Net {losses)/gains | 2025 | 2024 | |
| on investments: | £ | £ | ||
| On disposals as above | 70 | - | ||
| On revaluation as above | 94,998 | 216,222 | ||
| 95,068 216,222 aooooooooaaaaaaaa—a—=q—_e"=m |
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| Investments at market value | ||||
| Comprised: | 2025 | 2024 | ||
| £ | £ | |||
| Sarasin & Partners | ||||
| Main Portfolio - Investments | 1,980,167 | 1,889,056 | ||
| Liquidity Portfolio | 197,280 | 201,523.00 | ||
| 2,177,447 2,090,579 ———C05Nnhea6q0uqa@=aqa]——606—0—0Q0OSSSnS77 |
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| 9. | Transfers | |||
| None |
212: MRS CAROLINE J B CUTHBERT’S CHARITABLE TRUST
:
(THE "CARAM TRUST")
Notes on the accounts for the year ended 30 September 2025 (Contd.}
| 10. | Creditors and accruals falling | Creditors and accruals falling | due | within | one year | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 2024 | ||||||||||
| £ | £ | £ | |||||||||
| Support costs | |||||||||||
| Capital | |||||||||||
| Mitchells Roberton | 7,200 | ||||||||||
| ArmstrongWatson | 551 | ||||||||||
| 7,751 | 7,751 | ||||||||||
| Revenue | |||||||||||
| Mitchells Roberton | 4,800 | ||||||||||
| Armstrong Watson | 367 | ||||||||||
| 5,167 | 5,167 | ||||||||||
| Outstanding Grants 2024/25 | |||||||||||
| See note 4 forbreakdown | 21,000 | 4,000 | |||||||||
| 33,918 | 16,918 | ||||||||||
| 11. | =Analysis ofcharitable funds | ||||||||||
| Analysis of | Balance at | incoming | Resources | Transfers | Gains | Balance at | |||||
| Fund | 1.10.24 | resources | expended | between | and | 30.9.25 | |||||
| movements | b/fwd | Funds | losses | c/fwd | |||||||
| £ | £ | £ | £ | £ | £ | ||||||
| (a) Flexible | |||||||||||
| Endowment | 2,076,407 | 20,000 | (8,112) | - | 95,068 | 2,183,363 | |||||
| (b) Restricted | - | - | - | - | : | - | |||||
| (c) Unrestricted | 11,886 | 30,825 | (59,167) | - | - | (16,456) | |||||
| septs ne agp ere eg Total 2,088,293 50,825 {67,280) - 95,068 eee |
2,166,907 nnn |
||||||||||
| Comparatives for movement | in funds | ||||||||||
| Analysis of | Balance | at | Incoming | Resources | Transfers | Gains | Balance at | ||||
| Fund | 1.10.23 | resources | expended | between | and | 30.9.24 | |||||
| movements | b/fwd | Funds | losses | c/fwd | |||||||
| £ | £ | £ | £ | £ | £ | ||||||
| (a) Flexible | |||||||||||
| Endowment | 1,868,219 | - | (8,034) | - | 216,222 | 2,076,407 | |||||
| (b) Restricted | - | - | - | - | - | - | |||||
| (c) Unrestricted | 4,278 | 60,775 | (53,167) | - | - | 11,886 | |||||
| a Total 1,872,497 60,775 {61,201) Soe |
- | 216,222 2,088,293 00—(@$@S9S99MaS() |
(a) The Trust Deed allows for the application by Trustees of the income and capital of the Trust Funds for charitable purposes.
(c) The unrestricted income fund is available to be spent on any of the purposes of the Charitable Trust.
THE CORAM TRUST
Independent Examiner's Report to the Trustees of The Caram Trust
regst on the eccounts of the chant, for the year ended 30 September 2028 which comprise
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 (as amended). The charity trustees consider that the audit requirement of Regulation 10(1) (a) to (c) 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 Examiner's Statement
My examination is carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006 (as amended). 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 | do not express an audit opinion on the view given by the accounts.
Independent Examiner's Statements
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:
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In the course of my examination, no matter has come to my attention:
- which gives me reasonable cause to believe that in any material respect the requirements:
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bd to keep accounting records in accordance with Section 44(1} (a) of the 2005 Act and
Regulation 4 of the 2006 Accounts Regulations; and
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m= to prepare accounts which accord with the accounting records and comply with
Regulation 8 of the 2006 Accounts Regulations.
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have not been met, or
- to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
owen (om 2 Murch 2026 Independent Examiner Date Karen Rae FCCA DChA Armstrong Watson LLP Caledonia House 89 Seaward Street Glasgow G41.1HJ