$C020529 **----- Start of picture text -----**
Office of the ScottishOSCFCharity Regulator MISS VIOLET LESSEL'S TRUST
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Receipts and payments accounts
. [ence tdate Lertoaiid data
EEE Pe oe Ee
Section A Statement of receipts and payments
Unrestricted Restricted Se aoiamaan Z = Total funds Total funds last
funds funds enciommect endowment current period period
funds funds
to nearest£ to nearast£ te nearest£ to nearest £ to nearest£ to nearest£
Ai Receipts
Donations =| —e|| |
ae
Gants |; |
ossncome adngeecomistrom investments | | {|
land and buildings other than 29,519 hP*
activities
even |
AT Sub total|____ 23,519 | 29,519
A2 Receipts from asset &
investment sales
Proceeds from sale of fixed assets | ets
Az Sub total|____ 29,000 |
A3 Payments
frvesimentmanagenentcoss [| a
activities
Governance costs: | ||
MLaia sacl lalaenctMEnl |—e||
EEE. Ea) ee
AS Subtotal| 72314, P7234|
A4 Payments relating to asset and
investment movements
Purchases of fixed assels fF
Purchase Tiavesiments |
AG Subtotal
Net receipts / (payments) [is 705) (aes) (ameecm) (aaa)
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APPENDIX 2 MISS VIOLET LESSEL’S TRUST
Section B Statement of balances
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$C020529
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al Restricted funds © Expendableendowment endowmPerman en tt Lis ae Total last period
funds funds Pe
to nearest £ lg nearest £ to nearest £ to neareal £ to nearest £ to nesrest £
B1 Cash funds Cash and bank balances at start of year | 3308 | 43,303
Surplus / (deficit) shown on receipts and
Payments account
Cash and bank balancesat end of year | 29,508 | 29,508 | | 43,303
{Agree balances with receipts and payments
account(s))
Fund to which assei belongs Market valuation Last year
to nearest £ 1o nearest £
B2 Investments BalancePortfolioof Stocks and Shares Permanent Endowment Fund |
Sold ol Porilolo of Stocks and Shares PortfolioTransfer Capitaldue to CashLGT AccountWealth | 1,357,170
Portfolio held with LGT Wealth 1,688,856
Portfolio of Stocks and Shares Management
Total 1,688,656 1,794,481
Fund . . Current valueif
to which asset belongs Cost (if available) wvailable) Last year
to nearest £ to negrest £ to nearest! £
- — —
Total
Fund to which liability retaies Amount due Lani year
to nearest t to nosrest £
- —— —=
Tatal
Fund to which liability relates phenome Lest year
(estimate)
to nearest £ to nearest £
— — —
Total
Signed by one or two trustees Date of
on behalf of af the trustees Signature Print Name eo
approval
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Page 6 OSCR A&P 2025 tamplate (Finalised) / Statement of balances. 1 December 2007 APPENDIX 2 MISS VIOLET LESSEL’'S TRUST $C020529 ## Section C Notes to the Accounts Ci Nature and purpose of funds (may be stated on analysis of funds worksheets) **----- Start of picture text -----**
The Trust was created under the Will of the late Mrs Violet Murray Lessel dated 18/3/1982 and Codhecil
thereto dated 17/6/1982 for the purpose of paying the net annual income to charitable bodies for general
charitable purposes.
Type of activity or project supparted eaten, sierra lain £
C2 Grants Local Charities/Charitable Trusts | ae] 53,900)
Total] 59.00
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C3a Trustee remuneration If no remuneration was paid during the period to any charity trustee or person connected to a trustee cross this box (otherwise complete section 3b) Authority under which paid C3b Trustee remuneration - details ## C4a Trustee expenses If no expenses were paid to any charity trustee during the period then cross this box (otherwise complete section 4b) Number of £ trustees C4b Trustee expenses - details Nature of reiationshi Nature of transaction Transaction Balance amount (£} outstanding at ti n C5 Transactions with trustees and connected persons ## C6 Other information No Investment Management costs are included. The amount under “Proceeds from sale of investments* was uplifted from the Dealing Account of the Independent Investment Managers tc meet Legal Costs, ete. See further comments on Trustees Reponi. Page 7 OSCR R&P 2025 template (Finalised) / Notes 1 December 2007 ## APPENDIX 1 Trustees’ Annual Report for the period Period start date Period end date OSGC r From 06Day 04Month Year24 To Day05 Month04 Year25 Office of the Scottish Charity Regulator Charity name Miss Violet Lessel’s Trust Other names charity is paar Registered charity number $C020529 ae ee Names of the charity trustees on date of approval of Trustees’ Annual Report Trustee name Office (if any} Rares acted i a (or body) entitled to 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 1 APPENDIX 1 ## Reference and administration details Names of all other charity trustees during the period, if any, (for example, those who resigned part way through the financial period) ## Structure, governance and management Type of governing document The Trust was created under the Will of the late Miss Violet Murray Lessel, dated 18'* March 1982 and Codicil thereto dated 17*" June 1982 Trustee recruitment and appointment = The initial Trustees were appointed in the said Will. New Trustees are nominated and appointed by the existing Trustees when necessary. ## Objectives and activities Charitable purposes The Trust was set up by the late Miss Lessel for the purposes of paying the net annual income to charitable bodies for general charitable purposes, the amounts to be paid to be determined by the Trustees. The Trustees have powers to invest any part of the Income of the Trust which may not be required for the current expenditure thereof, provided always that any income so invested may at any time and from time to time be applied at the discretion of the Trustees as if it were arising in the year then current. The Trustees are not empowered to otherwise encroach upon the original capital of the Trust. Summary of the main: activitiesoe The Trustees meet annually to approve the annual Trust Account in relation to these objects and to determine the award of Grants for that year. These are recorded in the Notes of the Trustees Meeting. The Trustees meet more frequently when there is reason to do so, and they informally review the Stockbrokers quarterly Reports and Valuations. 2 APPENDIX 1 ## Achievements and performance Summary of the main achievements of A total of 26 grants were paid out during the year to local charities the charity during the financial period 5, charitable purposes ranging in value from £500 to £8,500 and totalling £53,900 {in 2024, 25 grants were paid out totalling £49,000). Brief statement of the charity's policy = The bank account balance at the year-end was £29,519 (£43,303 in on Teenie’ 2024) and, as the trustees aim only to distribute the net annual income, this is considered adequate for the purpose of the Trust. Details of any deficit Donated facilities and services (if any) 3 APPENDIX 1 ## Other optional information The portfolio is managed by an Independent Fund Manager who maintains a Dealing Account, for sales, purchases and their fees, & an Income Account, for income received from the portfolio which is passed onto the Trustees quarterly from which the Trustees distribute the annual grants & donations. The Trustees have no control or access to either the Dealing Account or the Income Account maintained by the Fund Managers. ## Declaration The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees ## Signature(s) Full name(s) Position (e.g. Chair) Trustee Date A \\ a) \2 s- 4 **----- Start of picture text -----**
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APPENDIX 3
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## Office of the Scottish Charity Regulator Independent examiner’s report on the accounts Report to the 9 Charity name trustees/members of Miss Violet Lessel's Trust **----- Start of picture text -----**
Registered charity SC020529
number
On the accounts of the Period start date Period end date
charity for the period Day Month Year Day Month Year
06 04 2024 to 05 04 2025
Set Cut Ont pages numbersber of edStionalto include sheets)the
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Respective the charity's trustees are responsible for the preparation of the accounts in accordance responsibilities Of With the terms of the Charities and Trustee Investment (Scotland) 2005 Act and the trustees and examiner Charities Accounts (Scotland) Regulations 2006. The charity trustees consider that the audit requirement of Regulation 10(1) (d) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under section 44(1) {c) of the Act and to state whether particular matters have come to my attention. Basis of independent My examination is carried out in accordance with Regulation 11 of the Charities examiner's statement Accounts (Scotland) Regulations 2006. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeks explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently, | do not express an audit opinion on the accounts. Independent examiner’s _|n the course of my examination, no matter has come to my attention [otherthanthat Statement -~dieclosed-ontheatachpag **e** "}d 1. which gives me reasonable cause to believe that in any material respect the requirements: - to keep accounting records in accordance with section 44{1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations, and - * to prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts Regulations ## have not been met, or 2. to which, in my opinion, attention should be drawn in order to enable a proper " to be reached. Date: o \O 06 Signed: Name: Relevant professional qualification(s) or body Chartered Accountant (if any): Address: Tawse & Partners 18 North Silver Street Aberdeen AB10 1JU