y 4
| Do
THE JAMES CAMPBELL BUCHANAN TRUST
ACCOUNT of CHARGE and DISCHARGE OF THE INTROMISSIONS OF WELSH WALKER C. A, WITH THE TRUST FUNDS
From: 43 July 2024 To: 12 July 2025
Welsh Walker ~ Chartered Accountants, Greenock SCO17689
i | | | | | | |
|
i | po po: 1! po :
_ po
:
;
:
JAMES CAMPBELL BUCHANAN TRUST Year ended 12 July 2025 Report of the Trustees for the year ended 12 July 2025 The Trustees present their report together with the financial statements for the year ended 12 July 2025.
Constitution and Objects
The James Campbell Buchanan Trust was established under Decree of Court of Session dated 12 July and extracted 30 October 1963 under the terms of a petition by the Trustees of the Buchanan Night Asylum, Greenock.
|
The sole object of the Trust is to make donations to charities out of the income of the Trust for use In the focal cornmunity.
‘Forum.
The Trust has been granted charitable status, for tax purposes, by H M Revenue & Customs.
Achievements and Performance
During the year, the Trust made payments totaling £4,500 to charities for usa in the local community.
Trustees Mrs T A Orr- Welsh Walker Ltd, . C Brown - Patten & Prentice, Solicitors Provost D McKenzie Councillor F Brennan - resigned 12 June 2026 Councillor | Hellyar -.appointed 12 June 2025 Councillor G Brooks Councillor J Daisley Councillor J Crowther Sheriff S Lynch
)
Gontact Address
Welsh Walker C A
.
179A Dairymple Street Greenook PA15 1BX
Trustee remuneration and expenses
The Trustees did not receive any remuneration during the year. Mrs T A Orr is a partner in Welsh Walker, Chartered Accountants, who were remunerated as Treasurers and Secretaries.
Approved by the Trustees and signed on their behalf.
TA Orr
.
|
| j i |
po
;
: :
Fo!
| |
:
.
,
|
|
, { | ; | i !i
' JAMES CAMPBELL BUCHANAN TRUST BALANCE SHEET
As at 12 July 2025
ce
| 2025 | 2024 | |||
|---|---|---|---|---|
| Quoted investments atcost | £ 111808 |
£, 114279 |
||
| MarketValue at 12/07/25 -£131,036 | ||||
| MarketValue at 12/07/24 -£492,155 | ||||
| Balanesdue to/byStockbrokers | 110 | -550 | ||
| 111918 | . | 113729 | ||
| . | ||||
| Cash at bankand in hand | 4372 | 2390 | ||
| 113290 | 1161149 | |||
| Creditors; amountsfalling duewithin one year | ||||
| Accruals | -2160 | -2160 | ||
| 111430 borne |
113959 ed |
|||
| Funds | ||||
| Held on Capital Account | 106890 | 4155 | ||
| Held on RevenueAccount | 4240 | 109804 | ||
| 111130 | 113959 |
Notes fo ihe Accounts
1 The accounts are prepared under the historic cost convention.
2 The use of the funds 's restricted in accordance with the terms of the trust deed.
Approved by the Trustees and signed on their behalf
,
.
==> picture [30 x 24] intentionally omitted <==
----- Start of picture text -----
TA Orr
Trustee
----- End of picture text -----
i
| fo —_ : i, po boto | | i |
. | oe |
_ a po
_
JAMES CAMPBELL BUCHANAN TRUST Year ended 12 July 2025 Statement of Financial Activities.
,
| JAMES CAMPBELL BUCHANAN TRUSTCAMPBELL BUCHANAN TRUSTBUCHANAN TRUSTTRUST Year endedended 12 July 20252025 Statement of Financialof Financial Activities. |
, | , | |||
|---|---|---|---|---|---|
| Total Funds | Total Funds | ||||
| 2025 | 2024 | ||||
| Incoming resources | £ | ||||
| Incomingresourcesfromgeneratedfunds: | |||||
| Investmentincome | 5665 | 5740 | |||
| 5665 | 5740 | ||||
| —______Resourcesexpended ee |
a | . | |||
| Charitable donations | 4500 | 5400 | |||
| Governance costs | 4560 | 4560 | |||
| Chargeable to Capital £3480 (2024-£3480) Chargeable to Revenue £1080 (2024-£1080) |
9060 rn |
||||
| Net (outgoing)/incoming resources before other | |||||
| recognised gainsand losses | «3305 | -4220 | |||
| Otherrecognisedgainsand (losses) | |||||
| Gainson reconstructionsandsaleofinvestments | 566 -2829 |
25 A196 |
|||
| Reconciliation offunds | , | ||||
| Balance at 13 July | 1138959 | _. | 118154 | ||
| Balance at12July | 411130 | 413959 | |||
| Of which - | |||||
| Heldon CapitalAccount | 106890 | 109804 | |||
| Heald on Revenue Account | 4240 | A155 | |||
| 141130 | 113958 |
==> picture [2 x 4] intentionally omitted <==
----- Start of picture text -----
|
----- End of picture text -----
INDEPENDENT AUDITORS REPORT TO THE TRUSTEES , OF THE JAMES CAMPBELL BUCHANAN TRUST
We have audited the statement of account of the James Campbell Buchanan Trust for the year ended 12th July 2025. An audit is required in terms of the Trust Deed.
Respective Responsibilities of Trustees and Auditors
The trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006. It is our responsibility to audit the accounts as required under section 44 (1)(c) of the Act. We confirm we are eligible to act as auditors in terms of section 1212 of the Companies Act 2006.
Scope of the Audit of the Financial Statements
Anaudit involves obtaining evidence about the amounts and disclosures in the financial statements sufficient to give reasonable assurance that the financial statements are free from material misstatement, whether caused by fraud or error. This includes.an assessment of: whether the accounting policies are appropriate to the charity’s circumstances and have been consistently applied and adequately disclosed; the reasonableness of significant accounting estimates made by the trustees; andthe overall presentation of the financial statements. In addition, we read all the financial and non-financial information in the Report of the Trustees to identify material inconsistencies with the audited financial statements. If we become aware of any apparent material misstatements or inconsistencies we consider the implications for our report,
Opinion on Financial Statements Th our opinion the statements:
==> picture [18 x 13] intentionally omitted <==
----- Start of picture text -----
ot
----- End of picture text -----
==> picture [18 x 49] intentionally omitted <==
----- Start of picture text -----
|
oe
,
----- End of picture text -----
-
give a true and fair view of the state of the charity’s affairs as at 12th July 2025 and of its incoming resources and application of resources, for the year then ended;
-
~ haye been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
-
have been prepared in accordance with the requirements. of the Charities and Trustee Investment (Scotland) Act 2003 and regulation 8 of the Charities Accounts (Scotland) Regulations 2006 (as amended),
| |
Matters on Which We are Required to Report by Exception
We have nothing to report in respect of the following matters where the Charity Accounts (Scotland) Regulations 2006 (as amended) requires us to report to you if, in our opinion:
-
the information. given in the Trustees’ Annual Report is inconsistent in any material respect with the financial statements; or
-
proper accounting records have not been kept; or
-
- the financial statements are not in agreement with the accounting records and returns; or
-
we have not received all the information and explanations we require for our audit.
DO! | | |
Reported by
HENDERSON & COMPANY emaua rr
:
73 Union Street Greenack PAI6 8BG
3rd December 2025