THE GRAY-SANDERSON TRUST
ACCOUNTS For the period ended Sth April 2025
TRUSTEES dohn Gray Richard John Gray Cullen Kiishaw Trustees Limited
CHARTERED ACCOUNTANTS' REPORT TO
THE TRUSTEES OF THE GRAY-SANDERSON TRUST
In accordance with our terms of engagement we have prepared for your approval the financial statements of The Gray-Sanderson Trust for the year ended 5th April 2025 on pages one to seven from the accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants of Scotland, we are subject to its ethical and other professional requirements which are detailed at hitp://www.icas.org.uk/accountspreparationguidance. This report is made solely to you in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of The Gray-Sanderson Trust and state those matters that we have agreed to state to you in accordance with the requirements of the institute of Chartered Accountants of Scotland as detailed at http:/Avww.icas.org.uk/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than you for our work or for this report. We have not been instructed to carry out an audit or a review of the financial statements of The GraySanderson Trust. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
DH Vora, « Thelen, JRW Hogg & Thorburn LLP Chartered Accountants 19 Buccleuch Street Hawick Roxburghshire TD9 CHL
20th March 2026
THE GRAY-SANDERSON TRUST
.
;
ACCOUNTS for the period ended 5th April 2025
BALANCE SHEET
| Assetsi(Liabilities) Investments as perSchedule |
£ | 251,448.89 | |
|---|---|---|---|
| Cuilen Kiishaw - DeposilAccount | 25,172.54 | ||
| Rathbones - IncomeAccount | 469.03 | ||
| Rathbones - Capital Account | 10,131.96 | ||
| AccauntancyAccrual(2years) | (3,960.00) | ||
| £ | 283,262.42 | ||
| Represented By: | |||
| CapitalAccount | |||
| Balance as at Sth Aprit2024 | £ | 262,669.30 | |
| Gaini{Loss)on investments Realised | §,449.97 | ||
| Capital Reorganisation | 0,00 | ||
| Rathbones -ManagementFees | 0.00 | ||
| Culien Kilshaw - Fees | 0.00 | ||
| Balanceas atSthApril 2025 | £ | 268,119.27 | |
| Revenue Account (See Attached) |
16,143.16 | ||
| £ 263,262.42 —oe |
|||
| Approved bythe trusteesand signed on theirbehalf | |||
| JohnGray gay RichardJohn GrayAbed]oan ~~ Cullen“omTrusteesLimited — Aynss-Whe |
Date! 2E"Fels LOLE Date: Jf, FER 262.6 Date DGb\~SOp |
4
THE GRAY-SANDERSON TRUST
: :
.
ACCOUNTS for the period ended 5th April 2025
REVENUE ACCOUNT
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Batance as at Sth April 2624 £ 16,271.55
income
Dividends collected per Schedule 8,045.77
Interest collected per Schedute 1,598.06
Interest Received - Royal Bank of Scotland 150.87
interest Received - Rathbones 78.33
£ 25,144.58
Expenditure
Rathbones - Management Fees £ 3,001.43
JRW H&T - Accountancy Fee 05.04.2025 1,800.00
Galashiels Community Councif 5,000.00
Sandra Jones travel cost 200,06
(10,001.43)
Payments to Beneficiaries
Balance as at Sth April 2625 £ 45,143.15
£ £
05/04/24 Balance of Funds Heid 20,588.98
23/10/24 Sandra Jones travel cost 200.00 01/10/24 Interest Received 150.87
06/12/24 Galashiels Community Council 5,000.00 03/10/24 Rathbones Transfer 5,532.36
05/04/25 Balance of Funds Held 25,172.54 05/04/25 Rathbones Transfer 4,100.33
30,372.54 30,372.54
SUC PS
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2
THE GRAY-SANDERSON TRUST
ACCOUNTS for the period ended 5th April 2025
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----- Start of picture text -----
INCOME ACCOUNT WITH RATHBONES
£ £
05/04/24 Balance of Funds Held 379.56
26/09/24 Cullen Kilshaw §,532.36 Dividends Received 8,045.77
27/03/25 Cullen Kilshaw 4,100.33 interest Received 1,598,06
25/06/24 Interest Received 17.86
25/09/24 interest Received 22.68
23/12/24 Interest Recelved 16.76
26/03/25 Interest Received 21.03
05/04/25 Balance of Funds Held 469.03
"40,101.72- ~ [10,101.72,]
THE GRAY-SANDERSON TRUST
ACCOUNTS for the period ended Sth April 2625
INCOME ACCOUNT WITH RATHBONES
£ £
05/04/24 Balance of Funds Held 3,106.34
Investments Purchased 45,615.74 investments Sold 55,642.62
06/04/24 Rathbones - Management Fees 750.00
01/07/24 Rathbanes - Management Fees 750.00
01/10/24 Rathbones - Management Fees 750.88
01/01/25 Rathbones - Management Fees 750.54
05/04/25 Balance of Funds Held 40,131.96
58,749.13, "98,749.43
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| THEGRAY-SANDERSON | GRAY-SANDERSON | TRUST | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SCHEDULE OFINVESTMENTSANDINCOMERECEIVED | |||||||||||||
| Unite atS/4i2s |
Cost st5/4124 |
Unite Movement |
Invested? (Reailaed} |
Gainiioss) onRealisation |
Untts «at 8/4125 |
Cost wl54/25 |
MarketValue atBi6i25 |
Date | tax Deducted |
Dividends Received |
interest Received |
||
| £ | £ | £ | £ | £ | £ | £ | fk | ||||||
| CityofLandontnvesunant Trust Pic | 4,508 | $3,812 | 4,500 | 13,822 | 19,148 | 3t-May-2024 30-Aug-2024 2B-Nov-2024 2B-Fed-2025 |
2325 236.25 236.25 236.28 |
||||||
| BPP | 4.200 | 7,050 | : | 4,200 | 7,056 | 4448 | 28-han-2024 20-Sep-2024 20-Dec-2024 28-Mar-2025 |
68.19 72.60 7555 74A1t |
|||||
| Scioder AsianTotalRET | 4.600 | 7656 | 1,600 | 7,056 | 6,784 | 10-May-2026 | 184.00 | ||||||
| TheScottishAmescanInvesimentTrust Plc | 4,850 | 2,578 | 4,850 | 8,578 | 23,062 | F1-Ape-2024 20-fu-2028 18-Sep-2026 |
184.30 167.33 172.18 |
||||||
| 12-Dec-2024 | 179.45 | ||||||||||||
| MurrayintemationalTrustPic | 5,00 | 6,571 | §,000 | 6,575 | 42,326 | 20-HMay-2024 16-Aug-2024 1B-Nov-2024 |
215.00 325.06 125.00 |
||||||
| 17-Feb-2025 | $25.00 | ||||||||||||
| GlaxosmithkiinePic | 440, | 6.058 | 440 | $.058 | §.237 | 11-Apr-2624 VWakob2024 10-Ock-2024 |
70.40 66.00 65.00 |
||||||
| Pan-2025 | $6.00 | ||||||||||||
| SSEPic | 468 | 6,929 | 460 | 6,929 | 7.365 | 19-Sep-2024 27-Feb-2025 |
184.00 97.52 |
||||||
| HermesInvestmentMGMT | $900 | 14,758 | 5,900 | 19,758 | 9,403 | ||||||||
| UP tMorganGBLGrovah& Income CariedForward |
enemaamcenetete 57,854 |
2200 13,152 nen 24,870 [ij |
2,200 | 3482 10,846 errr 82,724 -89,618 |
eee pte 0.60 3.26263 |
ere 0.60 |
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