HEPBURN BOOTH TRUST Year ended 15 May 2024 16th May 2023 to 15th May 2024 (REcEIs AND PAYMENTS) Charlty No: SC 014043 BAIN HENRY REID C HA R TERED ACCO U P4 T A NTS
Reference and Administrative Information Year ended 15 May 2024 Charity R¢gistration Number: Hepburn Bo()th Trnst SC 014043 Contact Address: Siewart & Watson TnJstce51.td 59 High Street TURRIFF AB)3 4EI. Trnstees IndepL'ndent Examiner Bankers Virgin Money 26 Wtst High Street INvf.RLRIE .4B513SL Page I
Hepburn Booth Trust SC 014043 Trustees Annual Report Year ended 15 May 2024 Strueture, Governance and Management Governin% Document Trust Deed & Disposition of Mrs Jane Booth OT Fisher Recrnitmenl and Appointment of Trnsteeg .1 he Irusl is having ditficulty appointing trustees in line with its Trust Deed as traditional posts arc no longer availablc or PTepared to acl as trustec5. 'I"nLStees in thc p&sl have b¢¢n appointed under the ternis of the Trust Deed t() include the Convenor or Aberdeenshire c.ouncil. the chairnian of Nev¥ Deer Disirict Committec and the cha1Th< of the Parish Council of New t)e¢r and Ihe Mini51er of Manquhilter Parish Church. Objectives and Aetivities InLome of "fnjsi io applied to maintcnance of heritable propertics and provision with four annual bursaries of £250.00 each available to cerlain qualifying Sludents al AbeTdeen. SurplLLS income to be qhaTed equally amongst Abcrdeen Royal Infimw, Aberdeen Hospital for Incurabl¢s (io be reviewed), Royal Aberdeen ChildTen's Hospital and The Association of Aberdeen for the Prevention of Cruelty to Animals. Financial Review Principal source ot. incomc is fr(>m the ISe of Trust heritable propcrties 4md land. A deficit for the year has arisen due to high levels of mainlcnancc required on thc Trust's proFrrties during the year. 'lThe trust distributed zcro {2023 . T0) bursartes during the year after no suitsbly qualifyin8 candidates applied. Reserves Policy The Trustees en.8ure sufficicnt reserves for the maintenance of heritsble propertics. Trugtee Remuneration and Expenses The Truslces did nol receive any remuneration or cxpen5es durin8 the year Approved by the Trustees and signed on their khalf. . Trustce signature "I"rustee name fjate 1.4r. &plMW....ZLf2>- Page 2
burn Booth Tr C 014043 Reeei ts and Pavments Account Ycar end d 15 Ma 2024 Unreslricted Ro4lrict¢d Funds 2024 TotAI 2024 Total 2023 2024 ei Rents Wayleave nter¢sl Insurance clairn Total Receipts 25,699 245 7.885 34,599 25,699 245 7.885 34.599 27.220 227 4,403 31.850 )n)ents Costs ufgenerating funds Charitable a¢tivitie5 GOemlnl¢ costs Tot I PaTrrnents 217,608 290 13.98U 231.878 217.608 290 13.980 231.878 14,992 358 20,328 35,678 SurpluJ for the yur -163.451 -163.451 Capital ReceipL5 Deed of Servitude 16,800 16.8(K) Page 3
burn Booth Trust Statement of Balanees 15M v2024 014043 L.nre8tricted Re¥tricted Fund5 Funds 2024 2024 Tutydl 2024 Tot81 2023 Note Bank & De osi Balancc brought forward 271.759 27K.759 215.107 Movement in yexr: Excess of Receipts over Paym¢nls foi thc year (163,451) (163.451) 56.652 Capital reeeipts 16.800 16,800 Balance CWTied forward 125.108 125,108 271,759 Hcritable Propertics 4,745,(KJO 4,745,000 4,74i,000 4 745 (K)0 4.745.000 4.745 Ono ed inco In¥urance claim 611480 t)ue to Law AgenLs Audit Fee Professional fee5 10,080 402 3.360 13.842 9,780 390 11.670 The accounts were approved by the TTuslees on.. 1&tr.... .2025 For and on behalf of the Trustees . Trustce Signature Tnjstee name Page 4
burn oth Trust Notes to the Accounts 014043 l Heritable Propert). Herilable propety is included in the Statement of Balances at valuation. The most recenl valuation wa5 clrIed out in June 2013. 2 Trustees Remuneration and R¢laled Party Tran$actions The Trustees dtd nol re¢cive any remuneralion or cxpenses and there w¢re no r¢lated party transaclions during the ycar. 3 Movements in FuDIL8 At 1615123 Recelpts Pa>mentJ Transfers At 1515124 Unrcstrieted funds Clyd¢5dal¢ tlatth Current Accounl Factoring accoun15 RBS aLcount Clydesdale tjank Heritabl¢ l)roperties 258.339 250 65,136 10.759 767 608 77,269 218,048 5,329 546 5,680 (5,680) 111,107 221 13,173 271,762 223.924 125,108 Funds - all funds are unrestricled. Unregtri¢ted Rutricted Futtds Funds Total T(Jtal Analy915 of P8yments 2024 21124 2024 2023 4 Custs of generating fun In8urances 6,573 208.214 539 6,573 208,214 539 367 Repairs ei Coun¢il lax I leating & lighting L¢a5¢ & factorin8 ¢05IS 13.510 367 1.915 217,608 1.915 217,608 14,992 5 Charitable activities Advertising Bursary 290 290 358 290 290 358 6 Govero4n¢e eosts Law Agents fccs Audilor of Court fee5 & Other court fees Independcnt ex4miner'5 fe 13,980 390 13.980 390 18,330 378 1,620 20.328 14,370 14,370 Page 5
Hepburm Booth Trust SC 014043 Independent Examiner's Report to the Trustees of Hepburn Booth Trust I rew)rt on the accounts of the charity for the year end 15 May 2024 which are set oul on foregoing pages. RespeetiTre responsibiAiiies of tru$t¢ts and examiner The charity's Irustees are resp)nsible for the PTeparation of the accounts in accordance wilh the temis of thc Charilies and TrSlee Investmcnt (Scoiland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006. I'he chariiy trustees consider that (he audil requirement of Rcgulation 10(1) (d} of the Accounts Regulations does not apply. It is my responsibility to examine thc accounts as required under seLlion 44(1) {c) of ihe Act and to siaie whether particular mallers have come to my attention. Bayls of independent examiner's statement My cxamination is carricd out in aLcOrd&Le Viith Regulation I l of Ihe Charities Accounts (Scotland) Regulalions 2006. An cxamination includes a review of the accounting rccords kept by the Lharity and a omparison of the accounts presented with those records. li also includes L'onsideralion of any unusual items or disclosures in thc accuunts, and seeks explanations from the trusiees cOnrning any such matters. 'fhe procedures undcrtdken do noi provide all the evidence thai would be r¢4uir¢d in an audit, and consequently I do not express an audit opinion on the view given by the accounis. Independcnt examin¢r'J sta¢emen¢ In the course of my examination, no matter has come to my atteniion which gives me re&sonable causc to klieve in any material rcspecl the requirements.. to keep accountin¥ r¢Lords in accordance with Scction 44 (1)(a) of ihe 2005 Act and Re8ulalion 4 or the 2006 Accounts Rejjulations. and lo prepare accounts which accord wilh ihe accounting records and comply with Re8ulution 9 of the 2006 A¢¢uunts R¢gulI0nS have not been met, or to which, in my opinion. allenlion should be drawn in order to enable a propcr understanding of the O SEP 2025 Page 6