| Contents | PageNo. |
|---|---|
| Report ofthe Trustees | an J-4t |
| StatementofReceipts and Payments | 5 |
| StatementofBalances | 6 |
| NotestotheAccounts | 7-8 |
| Reportof theIndependentExaminer | 9 |
| A-Statementof ReceiptsandPayments FortheYearto 31March2026 |
||
|---|---|---|
| Yearto | Yearto | |
| fls.2426 | 31.3.2025 | |
| RECEIPTS-Operatingincome | f | f, |
| IncomefromInvestments | ||
| Interest onBankDeposits | 1l | t4 |
| Interest onGovernmentSecurities | 79 | 67 |
| InterestfromFixedInterest Funds | 219 | 199 |
| Dividendsfrom EquityInvestments | 975 | r,149 |
| Sub-total | 1.284 | 1"429 |
| RECEIPTS- Relating to investmentmovements | ||
| SaleofInvestments | 503 | 2.318 |
| Sub-total | 503 | 2.318 |
| TotalReceipts | 1.787 | 3.747 |
| PAYMENTS-Operatingexpenses | ||
| InvestmentManagementcharge | (100) | (100) |
| Scholarship Grants | (2.000) | (1.000) |
| Sub-total | (2.I00) | fi.100) |
| PAYMENTS-Relating to investrnentmovements | ||
| PurchaseofInvestments | 0 | (2.307',, |
| Sutr-total | 0 | (2.307]. |
| TotalPayments | (2.100) | (3"407) |
| NET RECEIPTSLESSPAYMENTS | (313) | 340 |
| The JohnMacleanScholarshipTrust B-StatementofBalances |
||
|---|---|---|
| Asat | Asat | |
| 31.3.2$26 t |
31.3.2025 f |
|
| CASH FUNDS | ||
| Cash andBankBalances at startofyear | 1,075 | 73s |
| Netreceiptslesspayments shown above | (313) | 340 |
| Cashand BankBalancesatendof Year | 762 | 1.075 |
| INVESTMENTS | ||
| UKGovernmentSecurities | 2,262 | 2,207 |
| BondFunds | 5,614 | 5,633 |
| uK&GlobalEquityFunds | 34"937 | 28^374 |
| Totallnvestment Funds | 42.813 | 36,214 |
| TOTALASSETS | 43,575 | 37.289 |
| 3 Analysis ofmajorfunds |
||
|---|---|---|
| Asat | Asat | |
| 31.3.2026 | 31.3.2025 | |
| f. | f. | |
| RESTRICTEDFUNDS | ||
| Capital Fund-Originalbequest | 3.000 | 3.000 |
| UNRE,STRICTED FT'}{DS | ||
| AccumulatedRevenueFund | ||
| Cumulativebalancebrought forward | 34,289 | 31,995 |
| OperatingReceipts | 1,284 | 1.429 |
| OperatingExpenses | (2.100) | 0.r00) |
| OperatingSurplus(Deficit)foryear | (8r6) | 329 |
| Gain (Loss) oninvestrnents*current year(Note4) | 7^t02 | t.96s |
| Cumulativebalancecarried forward | 40.575 | 34.289 |
| TotalFunds | 43.575 | 37,289 |
| 4 MovementonInvest |
ments | ||||||
|---|---|---|---|---|---|---|---|
| Market | Changes | Market | |||||
| Orig | Valueat | Purchases | Sales | in Market | Valueat | ||
| Cost T |
1.4.25 I |
at | Cost* f |
Proceeds* { |
Value T |
31.3.26 f |
|
| UrGqverylnellBards 4.125yoTreasuryI/LStock2030 |
2,304 | 2,207 | 55 | 2,262 | |||
| BondFunds&lndex-l,inkedSecurities | |||||||
| CTSterlingCorpBond Abrdn GloballzlBond |
3,632 2.429 |
3,425 2,208 |
I (20) |
3,426 2^188 |
|||
| Uli/GlobalEquity&'Ir unds MurrayInternationalTrust City ofLondon SarasinlnvestmentFundsIntl ArtemisGlobalIncomeIlnc(l) |
3,055 3,971 2,664 4,822 |
7,2A5 6,44t 5,657 9,07t |
(503) | 2,076 1??( 79 3,686 |
9,281 7,666 s"233 12,757 |
||
| 36.211 | 0 | ( s03) | 7.102 | 42.813 |