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2026-03-31-accounts
Contents |
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Page |
|
Trustees' Report |
|
2 |
Independent Examiner's Report |
|
9 |
Statement of Financial Activities |
|
10 |
Balance Sheet |
|
11 |
Notes to the Accounts |
|
12 |
Administration Information |
Administration Information |
Trustees |
John Malpass - Chairperson |
|
Dr Helen Kirkwood |
|
William Bell |
|
Ian Wilcock |
Administrator |
Helen Savage (Dr Helen Kirkwood) |
Charity Number |
SC016517 |
Principal Address |
P O Box 26357 |
|
Crieff |
|
Perthshire PH7 3AA |
Accountant |
Nick Cunningham ACCA |
|
Kelly Accounting Ltd |
|
42 Comrie Street |
|
CRIEFF |
|
Perthshire PH7 4AX |
Bankers |
Bank of Scotland |
Solicitors |
Lindsays WS |
|
10 Blackfriars Street |
|
Perth PH1 SNS |
Investment Advisers |
RBC Brewin Dolphin Ltd |
|
Investment Brokers |
|
6th Floor, Atria One |
|
144 Morrison Street |
|
EDINBURGH EH3 8EX |
|
|
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Year to |
Year to |
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|
|
March 31st 2026 |
March 31st 2025 |
|
Notes |
|
£ |
£ |
INCOME |
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|
|
|
Donations Received |
|
|
- |
1,250 |
Investment Income |
|
2 |
60,281 |
68,217 |
|
|
|
60,281 |
69,467 |
EXPENDITURE |
|
|
|
|
Investment management costs |
|
3 |
14,210 |
10,146 |
Charitable Activities |
|
|
|
|
Cost of Grant making |
|
4 |
68,450 |
66,450 |
Other |
|
3 |
4,989 |
3,353 |
TOTAL EXPENDITURE |
|
|
87,649 |
79,949 |
NET EXPENDITURE BEFORE OTHER |
|
|
|
|
RECOGNISED GAINS AND LOSSES |
|
|
(27,368) |
(10,482) |
Other Recognised Gains |
|
|
|
|
Realised and unrealised Gains/Losses |
on |
|
|
|
Investment Assets |
|
|
150,252 |
10,784 |
NET MOVEMENT IN FUNDS |
|
|
122,884 |
302 |
Reconciliation of Funds |
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|
|
|
Total Funds Brought Forward |
|
|
2,053,119 |
2,052,817 |
Total Funds Carried Forward |
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|
2,176,003 |
2,053,119 |
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|
|
March 31st |
|
March |
31st |
|
|
|
2026 |
|
2025 |
|
|
Notes |
£ |
£ |
£ |
|
£ |
FIXED ASSETS |
|
|
|
|
|
|
Investments |
9 |
|
2,151,701 |
|
2,025,230 |
|
CURRENT ASSETS |
|
|
|
|
|
|
Debtors |
10 |
1,924 |
|
4,041 |
|
|
Cash at bank & on hand |
|
25,969 |
|
27,028 |
|
|
|
|
27,893 |
|
31,069 |
|
|
CREDITORS
: amounts falling due |
|
|
|
|
|
|
within one year |
11 |
3,591 |
|
3,180 |
|
|
NET CURRENT ASSETS |
|
|
24,302 |
|
|
27,889 |
TOTAL ASSETS LESS CURRENT LIABILITIES |
|
|
2,176,003 |
|
2,053,119 |
|
THE FUNDS OF THE CHARITY |
|
|
|
|
|
|
Unrestricted Income Funds |
12 & 13 |
|
2,176,003 |
|
2,053,119 |
|
2 |
Investment Income |
|
|
|
|
2026 |
2025 |
|
|
£ |
£ |
|
Income from Listed Investments |
42,469 |
61,618 |
|
Interest received |
17,812 |
6,599 |
|
|
60,281 |
68,217 |
|
All investment income relates to unrestricted funds |
|
|
|
Other |
Grant Funding |
Total |
Total |
|
Costs |
|
2026 |
2025 |
|
£ |
£ |
£ |
£ |
Costs of Generating Funds |
|
|
|
|
Portfolio Management Fees |
14,210 |
- |
14,210 |
10,146 |
Charitable Activities |
|
|
|
|
Grant Making |
|
|
|
|
Grant funding of activities |
- |
68,450 |
68,450 |
66,450 |
Support Costs |
4,989 |
- |
4,989 |
3,353 |
|
4,989 |
68,450 |
73,439 |
69,803 |
|
4 |
Grants Payable |
|
|
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|
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Grants to |
Grants to |
Total |
Total |
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Institutions |
Individuals |
2026 |
2025 |
|
|
|
|
£ |
£ |
£ |
£ |
|
|
Grant Making |
|
3,600 |
64,850 |
68,450 |
66,450 |
|
|
The number of grants awarded |
|
in the year was as follows |
|
|
|
|
|
Grants to Institutions (incl. schools) - 10, Grants to Individuals
- 283. |
|
|
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Grants to Institutions |
relating |
to Grant making comprise |
|
|
|
|
|
|
|
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|
2026 |
2025 |
|
|
|
|
|
|
£ |
£ |
|
|
Grants to schools |
|
|
|
1,200 |
1,750 |
|
|
Butterfly Trust |
|
|
|
- |
- |
|
|
Other Grants under £1,000 |
|
|
|
2,400 |
2,300 |
|
|
|
|
|
|
3,600 |
4,050 |
S |
|
Support Costs |
|
|
|
|
|
|
|
|
|
|
|
2026 |
2025 |
|
|
|
|
|
|
£ |
£ |
|
|
Stationery and Postage |
|
|
|
802 |
806 |
|
|
Web Site Design & Creation |
|
|
|
1,620 |
387 |
|
|
Administrative support |
costs |
|
|
1,005 |
960 |
|
|
Independent Examiner's Fee |
|
|
|
1,200 |
1,200 |
|
|
Bank Fees |
|
|
|
2 |
- |
|
|
Equipment expensed |
|
|
|
360 |
- |
|
|
|
|
|
|
4,989 |
3,353 |
Fixed Asset Investments |
|
|
Portfolio |
|
£ |
Market value at April 1 2025 |
2,025,230 |
Additions at cost |
1,002,085 |
Disposals at market value |
(1,025,866) |
Change in value in the year |
150,252 |
MarketvalueasatMarch312026 |
2,151,701 |
10 |
Debtors |
|
|
|
|
|
2026 |
2025 |
|
|
|
|
|
|
|
£ |
£ |
|
Other debtors |
|
|
|
|
|
1,924 |
4,041 |
11 |
Creditors |
: Amounts |
falling due within one year |
|
|
|
|
|
|
|
|
|
|
|
|
2026 |
2025 |
|
|
|
|
|
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|
£ |
£ |
|
Sundry Creditors |
|
|
|
|
|
|
|
|
Accruals |
|
|
|
|
|
3,591 |
3,180 |
|
|
|
|
|
|
|
3,591 |
3,180 |
12 |
Funds |
|
|
|
|
|
Recognised |
|
|
|
Balance at |
|
|
Incoming |
Resources |
gains/ |
Balance at |
|
|
1.4.2025 |
|
|
Resources |
Expended |
losses |
31.3.2026 |
|
|
|
|
£ |
£ |
£ |
£ |
£ |
|
Unrestricted funds |
|
|
|
|
|
|
|
|
General |
|
2,053,119 |
|
60,281 |
(87,649) |
150,252 |
2,176,003 |
|
Restricted |
funds |
|
|
|
|
|
|
|
Total Funds |
|
2,053,119 |
|
60,281 |
(78,151) |
150,252 |
2,176,003 |
13 |
Analysis of net assets |
|
|
between |
funds |
|
|
|
|
|
|
|
|
|
Restricted |
Unrestricted |
Total |
|
|
|
|
|
|
£ |
£ |
£ |
|
Fixed Asset |
Investments |
|
|
|
- |
2,151,701 |
2,151,701 |
|
Current assets |
|
|
|
|
- |
27,893 |
27,893 |
|
Current liabilities |
|
|
|
|
- |
(3,591) |
(3,591) |
|
Total net assets |
|
|
|
|
- |
2,176,003 |
2,176,003 |