2025-07-04-accounts

APPENDIX 1

OSC r

Trustees’ Annual Report for the period	Trustees’ Annual Report for the period	Trustees’ Annual Report for the period	Trustees’ Annual Report for the period	Trustees’ Annual Report for the period	Trustees’ Annual Report for the period	Trustees’ Annual Report for the period	Trustees’ Annual Report for the period
	Period start date				Period end date
	Day	Month	Year		Day	Month	Year
From	05	July	2024	To	04	July	2025

Office of the Scottish Charity Regulator

Reference and administration details

Charity name Edith & Thomas Callen Benevolent Fund Other names charity is known None by Registered charity number SC014146 Charity’s principal address Ludlow Trust Company Limited 1[st] Floor, Tower Wharf Cheese Lane Bristol Postcode BS2 0JJ

Names of the charity trustees on date of approval of Trustees’ Annual Report

	Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee (if any)
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20	Ludlow Trust Company

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APPENDIX 1

Reference and administration details

Names of all other charity trustees during the period, if any, (for example, those who resigned part way through the financial period)

Name	Name	Dates acted if not for whole year
Structure, governance and management
Type of governing document Trustee recruitment and appointment
	Declaration of Trust dated 5 May 1938
	Appointment of trustees rests with the bank under the trust deed.
Objectives and activities
Charitable purposes Summary of the main activities in relation to these objects	The Trust’s main objective is to pay and make over one-third of the free income of the fund to the Broughty Ferry Benevolent Trust, and the remaining two-thirds of the free income to the Royal Vicotria Hospital Dundee. The income paid to the Broughty Ferry Benevolent Trust shall be applied by their sick poor nursing committee for the purpose of the sick poor Nursing Fund. The income paid to the Royal Victoria Hospital Dundee shall be applied by them for the relief of outdoor patients suffering from incurable diseases and are in reduced circumstances.
	During the year under review the charity made no grant payments.

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APPENDIX 1

Achievements and performance ~~eel,~~

Summary of the main achievements of During the year the charity made no grant payments the charity during the financial period ~~Po~~

Financial review ~~EEE~~

Brief statement of the charity’s policy At the end of the accounting year the charity had free reserves amounting on reserves to £4,729 (2024: £2,853). In addition to the free reserves the charity has bank balances of £943 (2024: £1,737) and investments of £91,705 within the expendable endowment fund.

The Trustees pursue a policy of maintaining a free reserve available to be spent in the furtherance of the charity’s objectives, as well as covering future needs, opportunities, contingencies and risks.

Details of any deficit N/A Donated facilities and services (if any) N/A

Other optional information ~~eel,~~

Declaration ~~EEE~~

The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees Signature(s) ~~we~~ Full name(s) ~~Ce~~ Chris Thurlow Position (e.g. Chair) On behalf of Ludlow Trust Company Limited (Trustee) ~~ee~~ Date 10 March 2026 ~~ee~~

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Enter SC No. below SC014146

APPENDIX 2

Enter charity name below

Edith & Thomas Callen Benevolent Fund

Edith & Thomas Callen Benevolent Fund	Edith & Thomas Callen Benevolent Fund	Edith & Thomas Callen Benevolent Fund	Edith & Thomas Callen Benevolent Fund	Edith & Thomas Callen Benevolent Fund	Edith & Thomas Callen Benevolent Fund	Edith & Thomas Callen Benevolent Fund	Edith & Thomas Callen Benevolent Fund	Edith & Thomas Callen Benevolent Fund	Edith & Thomas Callen Benevolent Fund	Edith & Thomas Callen Benevolent Fund			SC014146
Receipts andpayments accounts For the period from Period start date Period end date to 05 July 2024 Day Month Year Day Month Year 04 July 2025 ScottishCharity Regulator ~~SS S==~~
Section A Statement of receipts and payments ~~eee~~
	Unrestricted funds Restricted funds Expendable endowment funds					Permanent endowment funds		Total funds current period					Total funds last period
	to nearest £ to nearest £ to nearest £					to nearest £		to nearest £		to nearest £			to nearest £
A1 Receipts
Income from investments other than
land and buildings	1,757							1	1	1,757			2,735
Bank interest	154							154	154	154			139
								-	-	-
								-	-	-
A1 Sub total	A1 Sub total 1,911 - -					-		1,911	1,911	1,911			2,874
A2 Receipts from asset &
investment sales
Proceeds from sale of investments 37,120 A2 Sub total - - 37,120 ~~EE) EE~~			~~EE~~	~~EE~~	37,120 92,063 - 37,120 92,063 ~~EE~~
Total receipts A3 Payments	1,911 - 37,120 ~~Sf~~ ~~9 RS~~		- Oy~~RR ~~				39,031 94,937 ~~	)~~ ~~	~~
Investment management costs	430							430	430	430			417
Trust management fees	2,160							2	2	2,160			611
Grants and donations	- -							-	-	-			761
Governance costs:
								-	-	-
Audit / independent examination	180							180	180	180			780
Accountancy fees	600							600	600	600
Legal	-							-	-	-			4,382
Cash management	5							5	5	5			4
								-	-	-
**A3 Sub total **	2,945 - 430					-		3,375	3,375	3,375			6,955
A4 Payments relating to asset and
investment movements
Purchase of investments 34,573 A4 Sub total - - 34,573 ~~EI ESE~~			~~ESE~~	~~ESE~~	34,573 85,551 - 34,573 85,551 ~~ESE~~
Total payments Net receipts / (payments) A5 Transfers to / (from) funds Surplus / (deficit) for year	2,945 - 35,003 1,034) ( - 2,117 2,911 - 2,911 1,877 - 794) ( ~~	~~ ~~	~~ ~~ES ~~Os ~~LIE~~ ~~IE~~ ~~a~~ 9~~A~~ 9 ~~fo~~ ~~	~~ ~~	~~					- - - ~~	~~ ~~0~~ ~~	~~

APPENDIX 2

SC014146

Edith & Thomas Callen Benevolent Fund

Section B Statement of balances

Categories	Details			Unrestricted funds		Restricted funds Expendable endowment funds		Permanent endowment funds		Total current period	Total last period	Total last period
				to nearest £		to nearest £ to nearest £		to nearest £		to nearest £	to nearest £
B1 Cash funds	2,852 1,737 4,589 1,094 1,877 794) ( 1,083 2,431 - - 4,729 - 943 - 5,672 3,525 Cash and bank balances at end of year Cash and bank balances at start of year Surplus / (deficit) shown on receipts and payments account ~~=—=2====~~
	(Agree balances with receipts and payments
	account(s))			-	-	- -	-	- -	-	-	- -	-
	Details					Fund to which asset belongs		Fund to which asset belongs		Market valuation	Last year
										to nearest £	to nearest £
B2 Investments	91,705 90,142 Total 91,705 90,142 Expendable Endowment RBSInvestment portfolio ~~===~~											90,142 90,142
	Details					Fund to which asset belongs		Cost (if available)		Current value (if available)	Last year
								to nearest £		to nearest £	to nearest £
B3 Other assets	Total - - - ~~ue~~
	Details					Fund to which liability relates		Fund to which liability relates		Amount due	Last year
										to nearest £	to nearest £
B4 Liabilities	Total - - ~~===~~											-
	Details					Fund to which liability relates		Fund to which liability relates		Amount due (estimate)	Last year
										to nearest £	to nearest £
Signed by one or two trustees on behalf of all the trustees B5 Contingent liabilities	Total - - Signed by one or two trustees Date of approval Chris Thurlow on behalf of Ludlow Trust Company Limited (Trustee) Signature Print Name 10 March 2026 ~~——~~
Callen Draft Receipts and Payments Account 2025 / Statement of balances	Callen Draft Receipts and Payments Account 2025 / Statement of balances			2						December 2007

APPENDIX 2

Edith & Thomas Callen Benevolent Fund

SC014146

Section C Notes to the Accounts

C1 Nature and purpose of funds (may be stated on analysis of funds worksheets) Expendable endowment funds are those which are required to be invested to produce income but which may be transferred to unrestricted funds at the discretion of the trustees in order that they may be expended in furtherance of the charity's objectives. Unresticted income funds are available for use at the discretion of trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.

C3a Trustee remuneration C4a Trustee expenses C2 Grants C4b Trustee expenses - details C3b Trustee remuneration - details C5 Transactions with trustees and connected persons	Type of activity or project supported	Type of activity or project supported	Individual / institution	Number of grants made £	Number of grants made £
				Total	-
	If no remuneration was paid during the period to any charity trustee or person connected to a trustee cross this box (otherwise complete section 3b)
	Authority under which paid				£
	If no expenses were paid to any charity trustee during the period then cross (otherwise complete section 4b)			this box
		Nature of transaction Trust management fees (VAT inclusive)		Number of trustees	£
	Nature of relationship Ludlow Trust CompanyLimited			Transaction amount (£)	Balance outstanding at period end(£)
	Ludlow Trust CompanyLimited	Trust management fees (VAT inclusive)		**2,160 **	-

C6 Other information

Callen Draft Receipts and Payments Account 2025 / Notes

December 2007

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Independent Examiner's Report to the Trustees of Edith & Thomas Callen Benevolent Fund Ltd

I report to the charity trustees on my examination of the accounts of the company for the year ended 4 July 2025

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. 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 examiner’s statement

My examination is carried out in accordance with Regulation 11 of the 2006 Accounts 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 consequently I do not express an audit opinion on the view given by the accounts.

Independent examiner’s statement

In the course of my examination, no matter has come to my attention:

1. which gives me reasonable cause to believe that in any material respect the requirements:

2. to keep accounting records in accordance with Section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations;

3. and to prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts Regulations;

have not been met; or

1. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

batic Wilsou

Katie Wilson FCA Blue Spire Limited Cawley Priory South Pallant Chichester West Sussex PO19 1SY

10 March 2026 Date