MRS. SARAH ARBUCKLE'S TRUST REPORT OF THE TRUSTEES AND RECEIPTS AND PAYMENTS ACCOUNT WITH STATEMENT OF BALANCES FO THE YEAR NDED 31 MARCH 202
MRS. SARAH ARBUCKLE'S TRUST CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 Page Report of the Trustees Receipts and Payments statement of 8alanc8S Notes to the Financial Statements Report of the Independent Examiners
MRS. SARAH ARBUCKLE'S TRUST TRUSTEES, ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2026 Scottish Charity Number.. SC016048 Current Trustees Ronald D. Hamilton David A. Stewart Shiona K. Thomson Recruitment and Appointment of Trustees There were no other Trustees during the year. Any additional or replaoment Trustees will be appointed by the existing Trustees rf the need arises. Contact Address Clo Carruthers, Curdle, Sturro¢k & Co.. Solicitors, 1 Howard Street, Kilmarnock, Ayrshire, K41 2BW. Governlng Document The founding documerrt of the Trust is the Testamentary Trust Disposition and Settlement of Mrs. Sarah Finnie orArbu¢kle. dated 23 December 1911 and registered in the Books of Council and Session on 14 February 1919. Mrs. Arbuckle was a widow who resided at Ann Bank. London Road, Kilmarnock. Charitable Purpose The purposes of the Trust are (Firstly) to augment the stipend of the Minister of the Laigh Kirk, Kilmarnock, and (Secondly) at the discretion of the Trustees, to benefit (a) various activities within the ¢ongregational work of the Laigh Kirk (Mrs. Arbuckle expressed the desire that Sabbath Schools and the Dorcas Society should be benefited), Ib} the Scottish Bible Society and West of Scotland Bible Society (which no longer exists) and (c) various schemes connected with the work of the Church of Scotland nationally either at home or abroad. Activitles and Achievements The income of the Trust is composed of dividends, interest etG., collected on the investment portfolio and on the bank account. It is anticipated that future income will remain fairly consistent frorn year to year, depending on the performance of the inveslment portfolio. This is kept under review by Evelyn Partners, Glasgow. Regular reports are provided by the investent managers and these are duly considered by the Trustees with a view to balancing investment growth with the income requirement of the Trust. During the year the Trustees have been able to augment the stipend of the Minister and support various organisations and projects connected to thé New Laigh Kirk, Kilmarnock. as detailed in Notè 1. to the Accounts.
MRS. SARAH ARBUCKLE'S TRUST TRUSTEES, ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2026 Trustees Remuneration and Expenses During the year under review Legal and Administrative Fees of £1,680 for the year ended 31 March 2026 were paid to Carruthers, Curdle, Sturrock and Co. Rèserves The Accounts set OLrt on pages 3. to 5. show the financial position as at 31 March 2026 and the receipts and payments of the year. The Trustees anticipate a continuation of Grants along the same lines in future and will continue to administer both the income and the expenditure of the Trust in accordance with established practice. Approved by the Trustees and signed on their behalf by: DAVID A. STEWART, Executive Trustee. 28 July 2026
MRS. SARAH ARBUCKLE'S TRUST RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR END 1 MARCH 2026 2026 2025 Receipts Sale of Investments Income from Investments Bank Interest reiVed 71,798 16,670 150 96,477 17.366 219 Total Rèceipts Payments Payments for Charitable activities.. Donations (Note 1} 14 000 Purchase of Investments 63 840 Govemance Costs.. Legal & Administration Fees - Carruthers, Curdle, SturroGk & Co. 1.680 1,680 Investment Managernent Fees 3,227 3,009 Independent Examinerfs Fee - Gilmour Hamilton 540 540 Total Governan Costs Total Payments 115479 Profit for Year All funds are unrestricted.
MRS. SARAH ARBUCKLE'S TRUST STATEMENT OF BALANCES AS AT 31 MARCH 2026 2026 2025 Bank Balance Opening Balance Profft for Year 11,646 13,063 Closing Balance Reserves General Funds Investments (Not8 2) Listed Investments at market value Liabilities Governance Costs All fund5 are unrestrided. Approved by the Trustees and signed on their behalf by.. DAVID A. STEWART, Executive Trustee 28 July 2026
MRS. SARAH ARBUCKLE'S TRUST NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2026 DONATIONS Donations made in the year were as follows= 2026 2025 Minister- R8v. David Cameron New Laigh Kirk- Sunday School Giving to Grow Care for the Elderly Outreach Trekkers Little Seeds 2.000 1,000 1,500 2,500 2,000 500 2,000 1,1]00 1,500 2,500 2,000 500 Scottish Bible Society 14 INVESTMENTS The Investments were valued by Evelyn Partners, 177 Bothwell Street, Glasgow, G2 7ER.
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF MRS. SARAH ARBUCKLE'S TRUST I report on the Accounts of the Charty for the year ended 31 March 2026 which are set out on pages 3. to 5. This report is made solely to the Charity's Trustees, as a body, in accordan wth Section 44 of the Charities and Trustee Investmenl (Scotland) Act 2005. My examination has been undertaken so that I might state to the Charity's Trustees those matters l am required to state to them in an independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity's Truste8s as a body, for my examination, for this report, or for the opinions I have formed. Respective responsibilities of Trustees and Examiner The Charity's Trustee5 are responsible for the preparation of the Accounts in accordance with the Temis of the Charrties 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{11 (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 accordan with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. 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 iterns 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 AcGounts. Independent Examinerfs Statemont 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.. (a) to keep a¢wunting records in accordance wrth Section 44{1){a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations, and
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF MRS. SARAH ARBUCKLE'S TRUST (b) to prepare Accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts. Regulations 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. NEIL J. HAMILTON, B.Acc (Hons), C.A., Chartered Accountant, Independent Examiner, 37 Portland Road, KILMARNOCK, KA12DJ. 28 July 2026