**2024/2025 Accounts** 

## **Jim  Boyack Memorial Trust SC  018362 34th Annual Report** 

## **Receipts and Payments Account Year to 30th September 2025** 

## **Receipts and Payments for year ended 30th September 2025** 

## **RECEIPTS** 

|Total Income from Covenants<br>Income from raffles etc.<br>Income from investments<br>Tax Rebate<br>Donations<br>Grant Scottish<br>Government<br>**Total Receipts**<br>**PAYMENTS**<br>Annual Awards<br>Postage & Admin.<br>Professional Fees<br>**Total Payments**<br>Disposal of Investments<br>Purchase of Investments<br>Net Movement of Investments|To Sept.<br>2024<br>£<br>857<br>1853.71<br>416<br>nil<br>3126.71<br>2000<br>nil<br>nil<br>2000<br>nil<br>nil<br>nil|To  Sept.<br>2025<br>£<br>787<br>0<br>1998.77<br>206.75<br>nil<br>2500|
|---|---|---|
|||5492.52<br>5000<br>nil<br>nil<br>5000<br>nil<br>2000<br>nil|





|**NET SURPLUS (DEFICIT) for YEAR**|**1126.71**|**492.52**|
|---|---|---|
|**Jim  Boyack Memorial Trust**|||
|**SC  018362**|||
|**34th Annual Report**|||
|<br>**Statement of balances for year ending 30th September 2025**|||
||**As at**|**As at**|
||**Sept.**|**Sept.**|
||**2024**|**2025**|
||**£**|**£**|
|**GENERAL FUNDS UNRESTRICTED**|||
|Opening Cash Balance|6562.39|7689.1|
|Surplus (Deficit) for Year|1126.71|492.52|
|Net Movement of Investments||(2000)|
|Closing Cash Balance|7689.1|6181.62|
|Opening Investments at Cost|41092.2|43863.90|
|Additions in Year|nil|2000|
|Disposals in Year|nil|nil|
|Adjustments in Market Valuation|2771.7|1470.79|
|Closing Investments at Market Valuation|43863.9|45334.69|
|**TOTAL GENERAL FUNDS**|**51553.00**|**51516.31**|
|**REPRESENTED BY:**|||
|**Cash at Bank**|7689.1|6181.62|
|**Investments at Market Value**|||
|Reassure (formerly Old Mutual)|7662.84|7325.64|
|(No. SIB 006628796, Mkt value 30/9/2025|||
|M&G|10821.86|13724.87|
|(No. 0024017832|||
|Mkt val'n 30/09/2025)|||
|COIF Charities Investment Fund|25379.20|24284.18|
|(No. 11244001T, Mkt value at 30/9/2025|||





**Total Investments at Market Value 43863.90 45334.69** 

**TOTAL UNRESTRICTED FUNDS. 51,553.00 51516.31** 

## **DECLARATION**