APPENDIX 1 Trustees, Annual Report for the period Period start date Period end dat8 Mcffjth Year .' Moftth Yaor oscr._ D8y 30 Day 29 To 24 Office of the Scottish Charity Regulator Charity name Oth•r namos charlty Is known by Reglstered charlty number Charity's principal addre8S Andrew P8ton'¥ Charitable Trn8t SC017502 Millèr Beckett & Jackson. 190 Sl Vincent Stree( Glasgow Postcodg G2 5SP Nomgs of tho charlty trust9•$ on dato ol ¥pprov21 of Trusteès. Annual Report Twsts• name Olfice fif any) Dates acted if not for whole year Name ot person lor body) entitl•d to •ppoint tru8t•• Ilf any) Truslee Trus188 Trustee 02.10.24 Above TTUStees 10 11 12 13 14 15 16 17 18 19 20
APPENDIX 1 Reference and a Narnos of all other charity trustees during the period. K any. (for example, those who resigd part way through the flnancial perlod) Namo Dat•s actèd Ir not forwholè year 30.01.24 doceasod Typ• of govtsrning document Deed of Trust Tru$ts• r•¢ruitm•nt and app¢intm•nt Trustees are è18clod and c04)pted under the lemis of the Trust Deed. Charftable purpo$•s The Trustees havg full and absolute powar in their $018 2nd uncontrolled discretion lo hdd, pay. and apply Ihe TFUSI Estate. both capitsl and income. lo meet the objecteS of the Trust. The prinGiple objectives of the charity are lo prov*Je= For relief of poverty and suffering For the advancement of eduration For the advancement of religion and Foi arby other pUose beneficial to the community which, in law, is charitable. Summary of th• m•ln actlvltles In relatlon to these objects Tho Trust makes an1$. don8lions or gifts to qualrfyiw beneficlarles. DUn9 the year the Income from Investments totalled £48,851 for use in our Charitsblg adivities, Quilter Chemot act as Investment Managers in resp8ct of th8 shar portfolio and the retum on Inv8Stments is in xcordance the benchmarks agreed with the Trustees aThJ them.
APPENDIX 1 Achievements and performance Summary of th• maln a¢hievements of The Trust awarded grants of £ 34,500 in the period lo forty six Charities the charity durfng th• financS3l period that the Trustees f¢lt r¢quired the most support and wlv)se purposes fell within the spectrurn of the Trust Deed. Financial review Br5ef statornent of the ¢harity'$ poll on rnserves As the thalY has no recurrlng expendiluie on an annual basis the Board of Truslees consider the cutrent level of reserves lo be sufficient, Delalls of any dgfl¢K None Donat•d faclNtles and services (if any) None
APPENDIX 1 Other option -¥r Tho tru$t••s d•clar• that*h•y hav• approvod tM tru$tèO$' MP¢)rt abov•. Slgn•d on bghalf of t SSgnatur8{s Full name($ Posltlon {e.g. Chalr) Twstee Date 26.06.25
REGISTERED CHARITY NUMBER.. SC017502 of the tnanc Statements fo ded tember 2024 for Andreiv Paion Chariiable Trust M¢L&yMcAlister & McGibbon LLP Chart¢red Aecountants 145 St Vincent Str¢¢t Glasgow G2 5JF
Andrew Patott Charirable Trust ntenl the Financial SiarerneDts for tlje Yvdr Ended 29 Se tnber 2 24 Poge Report of the TNsiees IDdependent Examineds Rrport Slal¢menl of Financiyl Aclivilies Balance Slieel Notes to lh¢ Fittancsal Statements 7 tr) 14 Detail¢d Statem¢nl of Financigl ActivitÈes 15
ndreiv Patot) Charito le Tiwqt Re ort of tl)e Tru tees for the Year Ended 29 Se )teniber 2024 The trusiec5 present their report with the financial stulemcnt5 of the charity for Ihc ycar ended 29 Septeniber 2024. The Ist¢eS have adopted the provisions of Accountin8 and Reporting by Charities.. Si#lernent of Recommended Pracli¢¢ applicable to charities pieparing their aceounls in occordance with thc Financial Reporting Standard applicable in the UK and Republic of Ireland (FPS 102) (effective l JanuAry 2019). OBJECTIVES AND ACTIVITtES Objectlves thlm$ Jn term5 of the Andrew Pgton's ChuTltable Ttust dated 29 April 1966 aTJd regisf¢Ted in th¢ Books of Council Session on I l July 1966. the trustees shall have 11 2nd absolute poiver in Iheii sole and uncontrolled discretion to Iiold. pay and apply the Trust Estate, both efjpiial and in¢om¢, to meet the objectives of the Trusl. The principal objeclives of the Trust are to provide.. - For relief of poverty And suff¢ring- For the advan¢¢menl of edu¢alion' - For the advaneetnenl of roligion and For any oiher pury>ose beneficial to the community whTch, tn law, is charilabl¢. To allow tlie5e objective5 to bc mct the Trust makes gfdnts, donaiions or gifts to qua]ifyin8 benefici2Ties. Grantm2klng Appliralion5 for 8rants are made directly to th¢ Trn5t. GTanls are paid at the discretion of t1 trustee5. ACHIEVEMENT AND PERFORMANCE Charftabl¢ aetlvlties The trustees believe thai duriiig the year under review the Tnjst achieved its objecttYe5, awarding grants to the sum of £34,500 (2023.. £35.000). The iTUStees IMII ¢los¢ly munitor incoTne and expeTrditUTe in the current year and wll GL)ntinue to consider applicatiOTtrS in order thai the income available can be utilised towards the obj¢cliYes of th¢ Tryst. FINANCIAL RLVIEW Fingnclgl posltlon A det8iled Statement of Fin&ncial Activities can b6 foiind al page 5 of thesc financial statements. After allowin8 for income. ¢xp¢nditure, r¢Jlis¢d and unrealised gains and losses, the Tnist r¢ported a n¢1 in¢re&se in fimds of £181.081 (2023.. Det incrca5c of £48235). During Iht financial yeai IheTe has been a net increase orl Iht investtnent pottfolio. Total gaiTJS for Ihe year Mere £177,050 being £177,050 unrealised gaills12023: Total vnrealised gains of £4J,980). Investment pollcy and ohJeetlve$ The trustee5 investnFent policy 1% to seek to maioi#iM or iinprove the level of in¢¢me being generated to allow fo¥ monits lo be speDr on ihe charity's objective5. whilst safeguarding the capital of the Th]st. The tru8t¢es Are satisfied with Ihe perforrnanee of the portfolio in terms of income Ènd capital growth ks rq)orled above. Reserves poilcy Th¢ vnresiricled thnd r¢presenis ac¢uinula*d surpluses and d¢fi¢&is on unresiri¢led monies and is available for use at the discretion of the trteeS in fvrtl)erance of tlie cliaTilable objectives. The trustees w&sh to ljold sufficient u]eStrIcted rest¢5 to ettsure th¢ Charity is on sound financial fooiang. With unresiri¢ted ndS of £56,897 as ot 29 S¢pt¢mber 2024 thc trustees are 5at15fied with th6 fiiiancial position (2023.. £47.880. Th¢ Inssi¢&8 hAve resolv¢d to r¢tAin ihe ¢apitsl of the Tn1 in an Expendable Endowment Fund, in the mesntiwq and pply only income to me¢1 the charitsble objective. Movemen18 ari5illg on capital are Teflcctcd ?n the Expendable BtJdowm¢n¢ Fund whicli toialled £1,583,119 as ot 30 S¢pt¢mb¢r 2024 (2023.. £1,411,049). Pa8e I
Andreiv Paton Charitable Tru51 ort of Ilie Trn8lees for the Year Ended 29 Se te FyAl1,C1AL REVIEW Golng concern ie Twsl 15 Ill d strong fin0Gla1 position ond r05h flow is nol ali in]nicdÈatc pYoblci)]. Mic Iru51ees will thcr¢for¢ have a reasotsable ¢Ape¢¢ation rhAI th¢ Trust has &dequote re$our¢¢s to continue for lh¢ for¢ye¢8ble thture. They rontinuc to believe the going cottcern basis of accOuntig Is 3PPTOPTlatc in preparing the finantial stalemeJ]Is. Thett 4r¢ no materi&l uncertainties about the Trust's abtlily lo conlit)ue as a going conccm. FUTURE PLANS As notsd above the TNst¢es will ¢onlinu# to ¢onsider appliG&tioll5 in order that tlic available iucome Can b¢ utilised towArds th¢ Tnjst's obj¢ctives. STRUCTURE, GOVERNANCE AND MANACEMEprr The charity is ¢orntroll¢d by its governing documeni, a deed of trust and eonsiitstes an unincDrrA)rated charity. Rteruilment alld appointn)enl of Ne)v trustees TTU$tees are elEGled and ¢o-tspi¢d under the t¢mis of Ih¢ TrLS$1 Deed, Key Inin4gemtnt remvneratEon The trustees are the Trust's key management. Tliese personnel are in charge of directing, conirolling and operating the TnJs¢ on a day 10 day bttsis. R15k njanagenient The tntstees of tli¢ Tr* are awarc of the risks the Trnsl farcs and con8idcr ihat adequalr procrdurc$ pla¢e for dealin8 with risk as%es5m¢nt, partIClar]Y In T¢l&tion to the managcmeiit and control of die Trust fvnd$. including tht inv¢stment portfolio. and aly> in rtlalion to the di$bursement of grant$. All procedures ale periodicolly review¢d th¢ ensure they still Ineet the nee&% of the Trost. REFERENCE AND ADMINISTRATIVE DETAILS Rtgisttred ChArity number SC017502 Prlnclpal addres$ Clo MillerBeckett & Jackson 190 St Vincent Street Glasgow G25SP Jndc cndcrtt Cxamiiier M¢Lay l¢AliSter & M¢(iibbon LLP Chartered Accountants 145 St Vin¢¢nt Stree¢ GlasbJow 5JF Soliators Miller Be¢ken & J)¢kson 190 Si Vin¢eni Street Glasgow G2 SSP Pag¢ 2
nd w Paton Ch rit leTrn Re on of the Truste for the Ycar Eoded 29 Se )t¢mber 2024 REFNCE AND ADMJNISTRATIVE DETAILS Banker5 The Roydl Bank of Scotland 80 Main Sireei C'oaibridge Lanarkshire ML5 3DZ Stoelibrtsker Quilter Cheviot 2nd Flocr D¢lia l.lou$¢ SO West Nile Strc¢t Glasgow GI 2NP Approved by order ofihe boArd of trustees on .....- alld sÈgn¢d on its belialf by.. Pttge 3
Inde endenl Ex8mineV5 Re o tee I report on th¢ accounts for th¢ year ejmled 29 Sepi¢mber 2U24 s¢t out on pa8¢s five to fourie¢n Respeitlye i-¢spothslbltÉties of truitees *Dd vAamlAer Th¢ ¢l)arity'$ twstees are respo¥Jsible for the preparition of the 4ceounis in accordance with Ihe temjs of the Charities and Tnlee Investment (Scotlandl Act 2005 and the Charities Accounts (Scotland) Regulations 2Q06 las arn¢TrJed). The charity's trustees consider thai the audti requiF¢m¢DI of R¢gulaiion l O(l)(a) io (c) of the Accoun15 KegLElalions docs Jt apply. It 15 my responsibility lo examiiie the accounts a5 Irquired uoder S¢¢tion 4411)(c) of th¢ Act ad to stale ivheiher particular ]]iatt¢r5 hav¢ ¢onie to iiiy att¢ntion. BASIS of ihe Ind¢pend¢nt ¢xaniliier's report My exÈmingtion was caied Qui in aceordance with Regulation I l of thc Charities Accounls {Scotland) Regulation5 2006. An exarninalion intludes g review of the accounting records kepi by rhe ¢haTity and a comparison of the account5 presented uryth Ihose recoTds. It also include.8 consiAp.rAtinn nf Rny tinijwal item8 or distlosuTCY 111 Ihe aCroits. 8nd %¢king ¢xplanation5 tro you as truslc¢s con¢¢rning any such rnattct5. The pro¢edures wjdertaken do t]ot provide all the ¢videnc¢ that ivould bc requir¢d IT) all audit. and ¢onsequuJtly I do not express audit opittion the view given by thc ar¢ounls. Independent ex#mln¢r'8 Ststenient In connccljon WLih my eX#mirll0n, no matter has come lo my attention . (11 Ivhich givcs me reasth)abl¢ cause to be]ieYe that, in any Tnaterial Kspecl, Ihe requiiemcnts to keep accounting recoTds in acc(Thlance with S¢¢iion 44111{al of the 2005 Act and R¢gulatioD 4 of the 2006 A¢¢ounrs Regulaliotis. at)d to Pfeparc accounts which accord wsih the accountin8 records and to cornply with Regulation 8 of the 2(KI6 Accounts Regulations have moi been n1.. or (2) 10 whith. in my 4)inion, alltniion shoulé be dr8wTr in order to ¢nable a prop¢r understanding of the a¢counts 10 be reaehed. M¢Lay McAlistcr & McGibbon LLP Chorter¢d A¢¢ounianls 145 Si Vincent Strect Gla%gtyw G2 5JF Date.. Page 4
ndrew Paton Chariiuble Trust eii%llt of Financial Activities 24 29.9.24 Total fij 29.9.23 Toial funds Unreslricted fund Endowment fund Notes INCOhqE AND ENDOWMENTS FROM Investment income 48,851 48,851 48,764 EXPENDITURE ON Charlt•ble A¢tlvitl¢S Charilable aclvitses 39,840 4.980 44.820 44,515 Nel gain5 on investmenls 177,050 177,050 43986 Nrf JIYCOME 9,011 172,070 181,081 48,235 RECOF4CILIATION OF FUNDS Total funds brou8ht forwaTd 47,886 1.411.049 ,458,935 1,410,700 TOTAL FUNDS CARRJED FORWARD 56,897 1.583,119 1,640,016 1,458,935 The notes fon)) part of these financial statemeDIs Page S
Andrew atnn ril le Tst Balaiice Sheet e )tember 2024 29.9.24 29.9.23 Notes FIXED ASSETS Invest]nenlS 1.601,754 1,424,704 CURIiENT ASSETS Cash in hsnd 48,582 44.053 CREDITORS Amoun15 falling due within one year (10.320) (9.822) NET CURRENT ASSETS 38,262 34,231 TOTAL ASSETS LESS CURRENT LIABILITIES 1,640.016 1,458,935 NET AEs 1,640,016 ,458,935 FUNDS Unreslri¢ted fimds Endowment fimds 56.897 1.583,119 47.886 1,411.049 TOTAL FUIYDS 1,640.016 1.458,935 The financial statement% iiere approved by the Bo#Yd of Tjustees and auth0ri5ed for }u¢ on its behaifby.. TIL¢ nol&% fom] part of these fiDan¢ial stat¢m¢nts Pag¢ 6
Andr w P ton Charitable ol s ( the Financial Sial for the Year En ed2 teiT)ber 2 ACCOUNTIIYG POLICIES B#515 of preparing the financl41 statements Th¥. linan¢ial statements of the charity, whi¢h 15 a public benefii etstity under FRS 102, have been prepared in accordance wirh the Charities SORP {FRS 102) 'Accounting and ReporLing by ChaT]tEes.' Slalem¢ni of R0meNded Practice appli¢3ble lo charitie5 preparing iheir accounts in accorddrttc with the Financial Reponing Siandard applicable in tlie UK and Republic of Jreland IFRS 102) leffe£tive l Janu&ry 2019),. Finaiicial R¢poiliDg Standard 102 le Financial Reporting Standard 2pI)licable in the UK and R¢public ol. Ir¢land' and the Charities and Trustee Investmenl {Scoiland) Act 2005, The financial siaiemettls hove been prepared under the hsstori¢al ¢osl eoijveiition. Ivilh the exception of iDvesth]ents which ar¢ included at market vslue, as rnodilied by the r¢valuation of e¢riain a55¢ts, Going concer The TnTSt is in a strong fjnaneial posilion ond c95h llow is not at] imm¢diJle problenL Tjie tNstee5 will a&%ess income and reserves and monitor 8rant expenditure, they Iherefore hav¢ a T¢a5onable expectation thai the charity has adequate re&ouyces to conlinue in optraiioD81 exislenee COT the for¢s¢eable tiiture. They conlinu¢ lo adopt the going con¢¢rn basis of a¢¢ountins appropriat¢ in pr¢parin8 Ilie financial statements. There aTe no material uncertaintie.% about tlie Trusvs ability to continue &$ 2 going concetn. Flnancial r¢portlDg Standard 102- reduted disclosure ex¢mption$ Th¢ thatiiy has taken advat)t8g¢ of the following dis¢losur¢ exemption in preparing thes¢ financial siaiem¢nt5, a5 p6rn1itted by FRS 102'The Financiol Reporting Siandard applicable in the UK and R¢publi¢ of Jreland,; the rffjuirements of Section 7 Ststement of Cash Flows. Income All inconJe is recogllised in tli¢ Stiternent of Finantial Activities once the charsty h&% entiilement to the funds, it 15 probable ihal the income will b¢ rrGeiv¢d and ihe amount can be measured reliably. Expenditure Liibilili¢s are recogt)is¢d 8$ exp¢ndibJre as soon as Tl)er¢ is a legal or ¢ortsiN¢liv¢ obligatiort ¢oiJm)itring the charity to Ihat expendxtur¢. il is prob8ble that a trgnsfer of e¢onoinic bencfits will be required in 5eiilement and th¢ amount of the obligAiion cgn be measured reliably. Bxpendilure is g¢¢ounted for on an ac¢Nals basis and hus been classified under hcadings riiat aggreb4tc all cost related to the cate80ry. Where costs Cannot bc diT¢cIIy atthbuted to particular headings they have been allocal¢d to aciiviti¢s a basis con51Steni with the use of resources. The ¢harity is not VAT r¢gisiered and accordingly expenditure 55 shown gr08s of irTe¢overable VAT. Grants offered subject to conditiotts which have not been m¢t at the year end date are Jjoted os a cotnmilmcnt but not accwcd •s ¢xpcThliture. Taxatlvn The ¢harity 18 ¢Xtmpt from tax on its ¢hariiabl¢ activitie5. Fund accountlng Unrestricted funds can be used in accordance with the charitable objectives at ihe discr¢tion of the tnistres. Restri¢ted Ajnds can only be used f(Trr parti¢ul8r restri¢red purposes Miihin Ihe objects of tlie chaTity. Reslriction5 arisc whcn $p¢¢ified by the donor or when funds arc r&is¢d for partieiilar restricted puTros¢s. Further explanation of the nature and pury)0se of rach thnd 1$ included in the notes to the fina[la1 staiem¢nts. Flxed 8$set Investment5 Ijveslmenls are re¢o8nised ini1i&lly at f8Trr value which is nonnally the tr2nsa¢tion price ¢xcludin8 trallS¥i¢tio ¢osls. Subsequenily, they are measured at faTr v&lue with rcali5¢d and UTtre81i8ed gains and 10ss¢s reco))ed in 'ttel 82ins l (losses} on inycstmenis, in Ille StatenKni ofFinan¢ial A¢livilies. if lh¢ shar¢s are publicly traded or their fair value cart oih¢Jivise be measured reliably. Page 7 contimed...
w Paton Ch ritable ol al Siaiemen iinued for the Yeai. Ended 29 )leii)ber 2024 INVESTMEI NT INCOME 29.9.24 29.9.23 Dividends tnterest 48,851 48.764 CHARITABLE ACTIVITIES COSTS Grant nding of aelivilies (see no¢¢ Support cosis (se¢ Jjote 5) Totals Charitable attvities 34,500 10,320 44,820 GRAIYTS PAYABLE 29.9.24 29.9.23 Charktable aGivilies 34.500 35,000 Pag¢ 8 continued...
Andiew Paion Charila le Trnst No I the Financial tate enlS- ¢ontinued f rtheyea ded 29 Se iember 2024 GRANTS PAYABL - continued Thc total grant$ paid lo inslilutioHs during the year MQS a5 follows.. 29.9.24 29.9.23 Alzh¢imcVs Researth Trust Arberlovr Arthritls Teseorch Uk Bcalson Cancer Ch#riiy Bobatli S¢otlaJJd canc Support Scotland {Talk Tcnl) Chi¢ks Ichildren willi trohns and colitis) Children I st CIRCA {Children with ¢rolins and colitis) Children with C.anccT & L¢ukaemig Advice and Suppon for Parents Children's Heari Fout)d$tion Clasp Conta¢1 th¢ Elderly Dovid Cargill House Dy51onia Society ENABLE ScoilaTrd Th¢ Fost¢ring Nctwoik Scotland Glasgow Childr¢n's Hospital Charity Glgsgow Ciry MissEon Glasgow Golden Gener&iion Good Morning Serwee The Haven Inspir¢ Kelvinside A¢ademy Listening Books Little Sist¢TS oltlie poor Maemillan Cancer Support Maggie's Marie Thirie Meningitis Now Mental Health Foundation Mercy Sliips Parkinson's UK in Scotland The Preshal Trnst QuarrieT5 Reidvale Advanla8e Play A8s(J¢iation Lid R¢nftmv$hirc Foodbank RNIB ScoilaEJd Save the Children UK Scottish Adoption Association Scottish Aut2sm Sense SGotlaTJd St. Andreiv Hospice Si Virtcents Hospice Tall Ships yoth Tnwt Uddingslon park U.F. Church Well Scotland Dtraf Children's So¢i¢ty YMCA 500 500 500 1,000 500 500 500 500 1,000 500 2,000 5(10 soo soo 500 500 500 500 500 500 2,000 500 500 500 1,000 ,000 2.000 500 500 500 2,000 500 500 1.000 500 5¢)0 500 1,000 500 500 1.000 500 500 500 500 500 500 500 500 3,000 2,00 500 500 500 500 50Q 2,000 5(M) 500 1,000 1,000 2,000 500 500 500 2,000 500 500 1,000 500 500 500 1,000 500 500 1,000 500 500 500 500 500 500 500 500 3,aOO 2,000 500 500 500 34,500 35.000 Page 9 continu¢d...
ATKITew Pato Notes io tlie Fino I ten]enr%- continued foLLLear Ended 29 Se te ei 2024 SUPPORT COSTS Mattagement Charttable a¢fvitieq 10,320 Supporl costs, Included in ih¢ above, 9r¢ as folloivs: MTrn4gement 29.9.24 ChaTitabl¢ ¢lviti¢5 29.9.23 Toial aclivili¢s Factor fees Independeni examiner fees 7,860 2.460 7,113 2,402 10,320 9,515 TRUSTEES, REMUNERATION AND BENEFITS There were no Iruste¢s' remiin¢Tation or other benefits for the year ended 29 Sepiember 2024 for the year ended 29 September 2023. Tru$tees' exp¢nses There were no ttwst¢e5' ¢xpenses paid for th¢ yoar ended 29 September 2024 nor ftir the year ended 29 S¢pieJnber 2023. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVJTJFS Unrestricted nd Endowm¢nt lld Toial fund5 INCOME AND ENDOWMENTS FROM Inveslrn6nt in¢orne 48,764 48,764 EXPEh'DrruRg ON Ch9ritgble &ctivitlts Charit4bl¢ 8¢tirities 39,573 4.942 44,515 Net 8ains on investt)wnts 43.986 43,986 NET INCOME 9,191 39,1)44 48,235 RECONCILIATION OF VUNDS Toial fijnds brougiit foTward 38,695 1,372,(K)5 1,410.700 TOTAL FIJNDS CARRIED FORWARD 47,886 1,411,049 1,458,935 Pag¢ 10 ¢ODunu¢d...
Andrew Pal Ch&rilable Fina the Year Ende ciu Is- cont 24 re er FIXED ASSLT INVESTI¥qEIYTS Listed invesiments qAtiKET VALVE At 30 Septeniber 2023 Revalu81ion5 1,424,704 177.050 At 29 September 2024 1,601.754 NET BOOK VALUE At 29 September 2024 ,601,754 At 29 September 2023 1,424.7Q4 Thcre iver¢ no inve51ment ass¢tS Olltside the UK. C05t or valuation 8129 Sepiernber 2024 is represented by.. Li8ted inve51ments Valll&lion in 2024 1,601,754 The historical c05t of ihe invc5ttnents as or 29 September 2024 is £1,428,412 (2023.. £1,428.412). CRF.DTTORS: AMOUNTS FALLJNG DUE WITHJN ONE YEAR 29.9.24 29.9.23 Ac¢rual$ & deferred incomc 10320 9,822 10. ANALYSIS OF NKf ASSETS BETWEEN FVNDS 29.9.24 Total funds 29.9.23 Total fund8 UnTeslri¢led fund Endoivmettt fi]nd Investments Curren¢ aS5els CuTr¢nt liabilities 1,601.754 {13,0551 (4,9801 1.601,754 48,582 {10,320) 1,424,704 44,053 (9.822) 62,237 (5,340) 56,897 1,583,119 1.640,016 1.458.935 Pagell ectrnlinued..-
rew Paton Charitable Tru tes to the Financ or the Year Ended 2 - continue MOVEMENT Ir4 FUNDS Nel niovement in ndS At 30.9.23 At 29.9.24 Unre5trlrtÈd fund5 General fund 47,886 9,011 56,897 Endom'metit funds Etmlowment Fund ,411.049 172,070 1,5S3,119 TOTAL FUNDS 1,458,935 181,081 1,640,016 N¢t movemcnt in thd5. included the abovc are tts follows: Incorning resources Resour¢e¥ ¢xpended Gains and 105ses Mov¢n)ent in funds Urtrostrlctrd funds General fund 48,851 (39.840) 9,011 Endoiyment funds Endowmeni Fu¢KI (4.980) 177,050 172,070 TOTAL FUND8 48,851 144,820) 177,050 181,081 ComprtiYes lor movement in fund$ Net movement in filljds At 30.9.22 At 29.9.23 Unrestrieted fullds General futMI 38,695 9,191 47,886 Endowmeni funds Elldowment Furtd 1,372,005 39,044 1,411,049 TOTAL FUP4DS 1.4EO.700 48,235 1.458,935 P#8e 12 continued...
Andrew Paton C.haTitable TTUSt Notes lo tlie Financial Statcment% ntin tor the Year E .pten)ber 2024 MOVEMF.NT IN FUNDS- Lonfinutd Conhporative net mov¢n*nl in funds, in¢lud¢d in th¢ obove arc as folloivs.. In¢omi118 resources R¢50urces expended G8ins Snd losses MovenKnl IJJ funds Unrestrlcted fund$ General fuiid 48.764 139,573) 9,191 Endom'nwnt fund$ Endowmcnt Fund {4,942} 43,986 39,044 TOTAL FUF4DS 48,764 (44.515) 43,986 48.235 A current year L2 rnonths and prlor year 12 monlhs Combined position 15 as followf: Net niovcTheni it) fiJr)d5 Ae 30.9.22 At 29.9.24 Unrestrlcted funds General fund 38,695 18,202 56,897 EndlI.meNt funds Etjdowment Fund 1,372,005 211,114 1583,119 TOTAL FUNDS 1,410,700 229,316 1,64Q,016 A current year 12 monihs and prior year 12 months combined net rnovemenl it) fund4 included in Ihe above aTe as follow.%'. Ineoming resources R¢50ur¢e3 expended Gains and losses Movenient in funds Unrtstrleted funds G¢neTg1 fund 97,615 (79,4131 18,202 EndoM'mon¢ fllnds Ertdow5nent Fund {9,9221 221,036 211.114 TOTAL FUNDS 97,615 (89,335) 221,036 229.316 Pase 13 ontinued...
ATKlrew Paton Charitable Tru¥l Note.% to the Fin8claI Stolen)ents- continued r (he Year Ended 29 Se iember 2024 12. RELATED PARTY DISCLOSURES In the year under review rt di¥eGtotS gnd shairlioldcrs iii Ilic prof¢ssioJial PTa¢tiL¢ of Miller Ileckcil & lacksoij. Soliciiors ii'liich proiod¢ th¢ day to day lJllan¢itsl ACCOUlltoncy Se1¢e5 lo the Trust. Fee5 payable respect of ihe year ¢nded 29 Seplernber 2024 (olulled £7,1160 (2023.. £7.113). P#8e 14
AndTew Paton Churit&ble T eiailed latejhe t Year En mber 2024 29.9.24 29.9.23 INCOME AND ENDOWMEN'rs Ini'e$tment income Divid¢nd5 and inlere5t 48.8.$1 48,764 Total iJEcoming Te50urces 4%,¥5J 48,764 EXPENDrruRE CliJrltabl¢ actli4¢lo$ Gn)ol$ lo institulions 34.500 35,000 Support ¢o$t$ Management Factor fees Indep¢ndenl exan)iner fees 7.860 2,460 7,113 2,402 10,320 9,515 Total resource5 expered 44,820 44,515 Net inconie before g>tin5 and 1055e5 4,031 4,249 R¢allJed re¢ognl$ed galns and losses Rckli%ed gaIn(lOS$e5) on fixed ass¢t iiivestrnents 177,050 43,986 El'et Ineome 181.081 48,235 Thi5 page does noi form port of th¢ stawtory fina]81 ststements Page IS