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
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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 **----- Start of picture text -----**
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
**----- End of picture text -----**
2 ## THE GRAY-SANDERSON TRUST ## ACCOUNTS for the period ended 5th April 2025 **----- 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
**----- End of picture text -----**
3 |||||THEGRAY-SANDERSON|GRAY-SANDERSON|TRUST|||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||||SCHEDULE OFINVESTMENTSANDINCOMERECEIVED||||||||||| ||Unite
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