PUBLIC WIGTOWNSHIRE EDUCATIONAL TRUST SCHEME 1961 CHARITY NUMBER SC019526 Trust••8' Annual Report Yoar 9ndgd 31 December 2024 The Iruslees present their report together with the financkql statements and the independent examiner's report for the year ended 31 December 2024. Refornnco & Admlnlstrative Information Charity Name Wiglown5hire Educational Trust Scheme 1961 Charity Numbor SC01952e Addre$5 Financial Services. Carrulher5 House. English Street, Dumfrie5 DG12HP Current Trustgès Ben Oashper- Chalr Chrissie Hill Katie Hagmann Andrew Glusti David Inglis Jackie Mccamon William Scobie Richard Marsh Tru$tses Remuneration and Expèns•8 The trustees did not receive any remuneration for their services and were not reimbursed for any expenditure during the year. structura Gov•rnan¢o & Management Constitution The charity was confimied as a Trust Scheme on 25th September 1961. Appointment of Trustees Trustees consist of WigloTNnshire local elected members who Serve a term that coin¢ide3 with the life of the elected council of Dumfries & Galloway and an Educational Representative. Managemont The monies We left in trust lo be administered by the local council and followng reorganisalion represeniatives of Dumfries & Galloway Council deal with the day lo day management of the Trust. Objectives & A¢tiviti•s Charltsble purposès The purpose of the trust 15 the advancement of educatlon. Activitiès Grants are paid lo schools and scholars wrthin the Wgtownshire area. pueLIC
PUBLIC Achl8v•monts & Performance Financial Review The trLJsI is dependent on investment income and distributes this in full ag gran15 in accordance with the Trust deed. The Iruslees consider that sufficient cash reserve5 should be held to enable the Tru$t lo fulfil ts charitable purposes. A signrficant sum of the Trust's funcls has been invested in stocks and shares. The level of reserves held by the trust is kept under review by the Trustees. Plans for Futur8 Pèriods The Trust intends to continue investing 115 funds lo grow ils balance and provide yater support to scholars and educational purposes wlhin the Wiglownshire area. Signed Ben Dashper Date.. 2610312026 PUBLIC
PUBLIC WIGTOWNSHIRE EDUCATIONAL TRUST SCHEME 1961 CHARITY NUMBER SC019S26 STATEMENT OF RECEIPTS AND PAYMENTS Year ended 31 Dec•mbèr 2024 2024 2023 Note RECEIPTS Investment Income Total Receipts 3.888 3.888 PAYMENTS Giants wade Govemance costs Increased Investment Portfolio Other Misc Entries Total Payments 2.558 Deficivsurplus for tho ygar 3,653 STATEMENT OF BALANCES 2024 2023 Cash Fund$ Cash & bank balances at start of year SurplusllDeficitl for the year Cash & bank balances al end of year 13,828 1.330 15,158 10,175 3,653 Z024 2023 Invastmonts at market value Liabilities - Independent Examiners Fee Council Adminislralion Fee aid b Council.. Sec. 21- Travel Grants Sec. 22- Educational Excursions Sec. 27- Adult Education 810 684 471 342 300 860 2,235 425 4,154 othar As$ots- Income Paid into D&G Council's Bank 402 402 Slgned Bn Dashper Dale PUBLIC
PUBLIC WIGTOWNSHIRE EDUCATIONAL TRUST SCHEME 1961 CHARITY NUMBER SC019S26 NOTES TO THE ACCOUNT5 Yearended 31 Dember 2024 1. Basi5 of Accounting These account5 have been prepared on the Recèipts & Payrnents basis in accordance wth the Charities & Trustee Inveslrnent {Scoand} Act 2005 and the Charities Accounts IScoll8ndl Regulations 2006 la5 amended). 2. Naturè and Purpo$e of Funds The trust only h89 Unrestricted Funds that may be used al the disCtion of the trustees in the furtherance of the objects of the charity. 3. Grants Made 2024 2023 Sec. 21- Travel Grants Sec. 22 - Educalitsnal Excursions Sec. 23 - Educalitsnal Travel Se¢. 27 - Adult Education Sec. 29 - Promoting Education in Music Sec 30 - Promoting Education in Drama 300 860 2.235 425 1.800 2,660 4. Investments at Market Valuo 2024 2023 Edinburgh Investment Trust 25p ordinary shares Clydeport Authority 3% Irredeemable Stock Clydeport Authority 4% Irredeemabk Stock M&G Charibond 5.952 256 1.715 67,423 5,480 255 1.715 65,303 72,753 75.345 PUBLIC
Inde ondent Examiner'5 R ortto h Trustces of shirc Lduealional Tru$1 Schem¢ 1961 Independent txxminer's r¢port to the tru$tees of Wigtownshire Edu¢4tional Trust Sehemt 1961 I rewrt 10 the charity Irusle¢s on tny ¢xaminaiion of the accounts of Wiglownshirc Educational Trusl Scheme 1961 (the Trust) for th¢ year ¢nded 31st December 2024. Rospoth$ibilitie$ And bll$i$ of report As the charity ITu5tees of the Trusi vou are spOnsIble for th¢ preparaiion of the accounts in accordanc¢ with the requirements of the CharTlies A¢1 2011 I'Ui¢ Acl'l. I r¢port in respeci of my examination of thc Trust's accounts carried out UDder Section 145 of Ihe Acl in carrying Qllt Tny examin&iion hav¢ followed all appli¢8ble Directions given by the Charity Commission und¢r Section 14515llbl olihe A¢t. lthdtrpendef exllmintr's 51atement I have Eompl¢i¢d my examination. J ¢onfimi that no material matters have c4)me to my ttttentton in connection with the examinatio giving m¢ cause to b¢li¢ve that in any material speci.. aceouniing rewrds were nol kept in respect of the Tst as requiT¢d by Section 130 of the Act, or the Dccounis do noi a¢L'ord with Ih05e re¢ord5,' or the accounts do not comply with the applicable rvquirements con¢¢ming the foTTn and conithi of accoun15 set out in th¢ Chfyrities IA¢counls #nd Rewrtsl RegulatlOll5 2008 other than any requiretnent rhai ihe D¢counis give a ITue &nd fair view which is noi a Vdtter c0tt51der¢d bs part of an indepcndEnt examination. I have nv ¢onc¢ms and have come a¢TOSS no other matterg in conneci2on with the examinal2on to whi¢h att¢niion should be dr8wn in this report in ordcr lo en2bl¢ a prop¢r understallding oftht a¢u)unts 10 bc r¢ached. Mr Rodncy Palmer BA CA ratries Kirk & McV¢an Durnfries Eniery)rise Park Dumfri¢5 Dl.'MfRIESSHIRE DGI 3SJ 30th Mah 2026