Lendrum Charitable Trust
ACCOUNTS FOR THE YEAR ENDED 5 MAY 2025 SCOTTISH CHARITY NUMBER SC015352
LENDRUM CHARITABLE TRUST
SCOTTISH CHARITY NUMBER SC015352
TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 5 MAY 2025
_ | REGISTERED ADDRESS oz Recruitment and appointment of Trustees The original Trustees Were appointed on the amalgamation of the Lendrum Charitable Trust with the Miss Edith Currie Trust in 2003. Their role is appraised at the Annual General Meeting. Any further appointment of Trustees will be by mutual agreement of the Trustees.
Governing document
The Trust is a charitable organisation whoSe purposes and administration arrangements are detailed below.
Charitable purposes:
The revenue from the capital of the Trust is disperesed to charities in the UK after discussions amongst the three Trustees. The range of charities covers the following areas but is not exclusive:
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Care of the elderly and those with chronic or terminal disease.
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Overseas development, especially health related and poverty relief projects in the Third World.
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Preservation of the environment and historical projects in Scotland.
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Developing the cultural life of Scotland.
Activities:
Donations have been made in the year to 5 May 2025 as detailed in note 1 to the accounts.
Financial review
The fund of the charity is managed by a stockbroker. The market value of the portfolio amounts to £304,544 (2024 - £298,832). Cash funds at 5 May 2025 were £10,644 (2024 - £5,786).
The income generated is dispersed as felt appropriate to charities nominated by the Trustees at their discretion. The income dispersed to charities in the year amounted to £1,500 (2024 - £17,000)
Trustees' remuneration and expenses
No fees or expenses Were paid to the Trustees during the year.
Approved by the Trustees and signed on their behalf
Date 6th February 2026
LENDRUM CHARITABLE TRUST
SCOTTISH CHARITY NUMBER SC015352
RECEIPTS AND PAYMENTS ACCOUNTS FOR THE YEAR ENDED 5 MAY 2025
| 2025 | 2025 | 2024 | 2024 | |||
|---|---|---|---|---|---|---|
| Note | £ | £ | £ | £ | ||
| Receipts | ||||||
| Investment income | 9,355 | 9,219 | ||||
| Sale of investments - proceeds | 48,667 | 51,884 | ||||
| Total receipts | 58,022 | 61,103 | ||||
| Payments | ||||||
| Charitable activities | 1 | 1,500 | 17,000 | |||
| Governance costs | 2 | 3,050 | 3,000 | |||
| Purchase of investments | 48,663 | 47,198 | ||||
| Total payments | 53,213 | 67,198 | ||||
| Surplus/(deficit) for the year | 4,809 | - | 6,095 - |
All funds are unrestricted
LENDRUM CHARITABLE TRUST
SCOTTISH CHARITY NUMBER SC015352
STATEMENT OF FINANCIAL POSITION AS AT 5 MAY 2025
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|---|---|---|---|---|
|2025|2024|
|Note|£|£|
|Bank|and|Cash|Balance|
|Opening|balances|5,786|11,880|
|Surplus/(deficit)|for the year|4,809|-|6,095|
|Closing|balances|10,594|5,786|
|Investments|at market value|3|304,544|298,832|
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All funds are unrestricted
Approved bythe Trustees and signed on their behalf
Date 6th February 2026
LENDRUM CHARITABLE TRUST SCOTTISH CHARITY NUMBER SC015352
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 MAY 2025
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| 1. | Charitable activities | ||
| The charity did not undertake any activity directly, but met its charitable purposes by making grants to charitable | |||
| organisations as follows: | |||
| British Red Cross - Gaza appeal | - | 5,000 | |
| UK Med - Gaza appeal | - | 5,000 | |
| Parkinsons Care and Support | - | 3,500 | |
| Linda Norgrove Trust | - | 3,500 | |
| Ad-Lib Arts (SC049397) | 1,500 | - | |
| Closing balances | 1,500 | 17,000 | |
| 2. | Governance costs | ||
| Investment Manager's Fees | 3,000 | 3,000 | |
| Independent Examiner's Fees | 50 | 90 | |
| Closing balances | 3,050 | 3,090 |
3. Investments at market value
See copy of enclosed valuation.
LENDRUM CHARITABLE TRUST
Independent Examiner's Report of the Trustees of Lendrum Charitable Trust
| report on the accounts of the charity for the year ended 5 May 2025 which are set out on pages1 to 4.
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 ("the 2005 Act") and the Charities Accounts (Scotland) Regulations 2006 (as amended) ("the 2006 Regulations").
The charity's trustees consider that the audit requirement of Regulations 10(1) (a) to ( c) of the Accounts Regualtions does not apply. It is my responsibilty 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 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 of disclosures in the accounts, and seesk 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 | do not express an audit opinion on the view given by the accounts.
Basis of independent examiner's statement
In the course of my examination, no matter has come to my attention.
- which gives me reasonable cause to believe that in any material respect the requirements: to keep accounts records in accordance with section 44(1) (a) of the 2005 and Regulation 4 of the Accounts Regulations, and
to prepare accounts which accord with the accounting records and comply with Regulation 8 of the Accounts Regulation have not been met, or
- to which in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
G66 3JN
Date