A('('OL'NT Orth IN'TRONIISSIONS uf th¥ TRIISTF.ES OF THE HILDA & JOHNN'I. (ilLIB CHARIT.4BLE TRUST for diL l'ear to l i D¥C¥nib¥r 21124 2024 I'RUSTELS.- Scottish C'hanti N'o SC"11211744 c5E4[L7)3l I
The Hilda &. Johnni Gibb C haritablL Tnjsi Tw%lLL¥ R nrt for thi liar indLd l 4 DL'CLmiK'r ?11?4 Thc TTUStLL5 hai'l pILasufL In submilling thiir RLWfl for il)¥ ilar 10 l i rMI.r 21124 TIIL Trust ¥sthblishid bi Hilda Ilan Gibb bi tk'Ld of Trust datld 4 Noicmbcr and rL'IiISILrL'd In IhL Books of Council and Sission on .311 No%¥nib¥i IV92 Thi funds .shall . hild and adminisiLfLd bi TTU51LLS. IIJ¢ pSnI InJsl¥cs .1r ThL obj¥CIII LS of th¥ Trus1 li) doJ)ai¥ fuiids 101 iliariiabli PlItWSL IIT Io Slb¥h i111{abIl Inslilulion8 s thL TrusrcLS n)ai In ihLir 80li diqcrL'lion SLlcci. bui particularli lo chantabl¢ cuuxs rLlatingy to InLdical rL'Kar¢h ihL all¥l'iali()n ()f pain and sutTinng anion%7%l IhL Infirm and ILlTnin1 Ill and iknsL ihai arc b¢d in ScotLand or iihi¢h und4"rtakL' most of 'Ir Iii sLotlaj. Si.IlLilor% r¥ThSILII.i1ioiis r¥'quir¥' thl TnJslLLS to prLpaTL accoiiiits for 1(h fin)Cial ! Lar li liich a tniL fair i iLii of ihi Staii of atTairs of th¥ Trust and of th¢ surplus or dcficii of thc Trusi for that pcnod. In prkn'P41niig* rhosb 41ccoiinis. thL Tnisiics aK' rcqiiirL'd io 5LlILi suilabl¥ LUn[ln¥ pvliLILS and thlii appli ihklll COIISiSlintlN'" Iiiakl Jud¥klll¥lll) )d iJliiiitsiiJ Illat ai¥ l¥)WII>Lbl¥ j piijdilll. 41ai¥ iihLih¥r appliLabli accoiinlii)g slandards l'¢n loll01%¥. subi¥Ct lo ani. mal¢nJl dcpirtiirL'4 disclos¥d and iiplainLd in th¥ accoLints". prL'par¥' IhL acwunis on ihL goin¥ wn¢¢rn basis unlLSS 11 15 InapprupnatL 10 pfL5umL that ihL 'I'nisl Ill Lvnlinii¥ 'Ih¥ 'l'nisl¥¥s arL' rL'sponsibli for kLLping pmplr ucwiinting wcords iihieh diselosL li iih Tu'asonable acciiraci. al lini¥ Il)¥ riiiat1ki pusilivn of ihi Tn151 4ind Io inabli tliim Io ¥iisurL Ihat tl)¥ a¢coLlI)ts ¢on)pli li Ith slalLiloTr rLlb?Iilalioiis ThLi arL" also r¥spoiisiblL for safL'gLJarding ihl as5¢15 of thL Tnisl and hL'ncL for laking rOnabl stLps tor thL pfLILnlion and dLILCtiun of t'raud and othLr InL'gulantll5. ThL financial positsun of thL Trusi prL.Ul1 Is as dl5c1osl In ihL accounts. t)urin¥ th¥ i Lar ¥Trnts ii'LrL' mad¢ LS d¢tail¥d In thL aptKndicLry. MIL Trust IJ TICOglllSLd as a cliant! bi HIIRC. fur NlIe$l purposL's IIIL HNIRC. charili nuiiibLr is S('11211744 As a rL'4uli ih¥fL" Is no Iiabi Iifi io iaNaiii)n on ani nf fhL Trnsi Incomi or Lapif411.
The Hilda & Johnn Gibb Chantable Trust Abstract of account for year to 15 December 2024 CAPITAL Credrt balance at thr* close of last account 365,151.60 365.151.60 Deduct.'- Loss on Realisalion of Investments Administration Investment Management Expenses Agents, Caprtal Fees 222.58 473.75 1.070.82 1,290.00 3.057.15 Credit balance at the close of this account of which. Investments al book value.". (Markel Value £ 600.914.031 362.094 45 347.223 42 Balance under-invested 14,871.03 REVENUE Credit balance at Ihe close ol last account 22.646.03 Investment income 23.241.06 45,887.09 Deducl'.- Charitable Donations Investment Management Expenses Agents, Revenue Fees 22,000.00 1,070 81 1,062.00 24.132.81 Credit balance al the close of thi$ account 21,754.28 36,625.31 Represented by." Charfes Stanley Funds Capf(al Revenue 1.483.28 3.416.21 31.725.82 Lindsays Funds 36.625.31
The Hilda and Johnny Gibb Charitable Trust Receipts & Payment Account lor the year lo 15 December 2024 2024 2023 Receipts Investment Income 23.241 06 22,547.33 23.241.06 22.547.33 PToceeds from sale of investments 2.236.62 29,045.77 Total Receipts 25.477 68 51.593.10 Payments Chdi Ilablv Donalivns AdminislrAlion Expenses Investment Management Expenses Agent's Fees <,uOO.00 473.75 2.141 63 2.352 00 20.000.00 417.00 1,473.52 2.220 00 26.967.38 24.110.52 Purchase of Investmenls{inc equalisations) 6,509.77 29,019.77 Total Payments 33,477.15 53.130 29 Surplus l {deficil) for year (7,999.471 (1,537.191
The Hilda and Johnny Gibb Charitable Tw$1 Slalement ol Balances as al 15 Decemtser 2024 2024 2023 Investfflenls Opening balance Puichase linc equali581ionl Sales Gain I Ilossl on sales 343,Y72 85 6.S09 77 12.236 621 222 58) 328.678 99 29.019 77 129.045 771 16.519 86 ClosiNJ balance 347 223 42 343.172.85 Markel Valtse as al 15 December 600.914 03 550,057.10 8ank and cash in hand Openiiig balances Lindsays Funds R8thbones Funds 33.536 58 11.088 22 33,578.36 12,585 $9 44.624 78 17.999 471 48,161 97 11.537 191 add.. Surplus I Idelicill Closing ba18nce 36.625.31 44.624 78 Represented by.. Lindsays Funds Chades Stanley 31,725.82 4.899 49 33.536.56 11,08822 36.625 31 44.624 78 All funds are un51cled. Onrnts by thp Tni<tPK&q onA nn *hAir trwhall
I.INI)%A Y% 111 S'l'()('K% & 51 IAIII,. I)PLnin cliisin¥ Alrf1)nh Smller C ITr¥ Truil Iird. 11.l)Ip .(biKI 4.71)(i j{> 4.71X) ){} 1,600 4 7IKI ill Alll4n¢r Truil plr i)rd. 2.sp 6,110 8HP Group plc 805 Bl#rkTrKk lininiler lrkli ilb%ext Trut 24108r23 pur('.hase 8,150 BP i?Ic Iird.USSQ.25 12.?Xl l) I 2.325
Briti%h Anitrlcn Tobcrn pk onj. 24p ihrei 4iO 1.69? 19 ,6()2 19 450 .61)? 19 C'pit#l Gi'rfnx Tryit Ord 770 19.-3(17 ¥4 11).3(17 144 370 I l}.-1(17 X4 11)..1(17 144 C iimp#%i Gnup plc 475 6.yjl 119 (I.95ry IIL) 475 Dl#%wi pk. i)rd.2111111111)Ilp ihMrr4 )(?) 4.171 IX 4.1711 56S 4.1:. I IX 4.171 IX Flnt Trut C.liphl Fundi pk US Equty Income UCITS Equrty Inc 7411 740 Sk pk 2Sp ih*r¢i 22102Q4 purchase 47 6.)4 94 Ci 77 (i j(11) 77 857 6.IlilJ 94 l ?.({kl 71
H.SBC Hibldin%i cird.IIS51)..40 $hrnq 16.()39 .79 16.6_3l)_Il) 1,920 l(i (ill) 39 Intertek GThTrup Ord 2(M) ) 17444 ).174 44 200 9.17444 9.17444 J P Gkbl GroTrth & Inci>mc Pli 9.(KXI ?4.l)¥) Illl 24.lJ.3().88 9,000 ?4 9V) 11 ?4.C}IC) XX iAnd Securitieg 72 i.334.il 726 i.134.i.I Llnid h#nkin2 Grvup 161NMI ?4197 ).?44 97 16,000 ).2411)7 ).144 1)7 Fi*td Ini ICI'f Man GLG Hi2h I'kelil Opp l&).l?(i ??? IC) 3s%()4 19.-li8 (14 19,326.223
MurrAi Inl¢maliipnI Truqt pk ibril.25p %h&re$ I • IXlj.()I 20,420 12.1? 61 Polar Capital Techni)101. Trn$t.2Sp ¥h#re% Change lo Holding Holding after Chanoe Pcilar Capital Tochniiloi) TTUt.1I25p $h#re$ 1)7 j 11 i)4() 611 I I I)4LJ 614 ).7iO 11.949 611 I l L)44) (18 9,750 11.941) ()8 Riti Tint 17) 11),9N? 19 375 111.9x2 19 Shell 'B' Euro11.117 qhres 7 91171 7 C).31 71 580 7.9_31.71 Ripi dl Unlt-frusi Manage l ?. j(Kl 14.7)) il 14 7)) i_l 12,500 14.7.ii.il 14.7)) i_l S%mrang UCITS S&m#rang.4si#n Pn)sp 12.IXK) IX) 12,(KM).(K) 42.115 i? Ixxii I !.IMK).(K)
Schrodtr Orfrn¢#l lthri)m¢ Ord 1(1.7iO ?j118183 ?i.0818_1 10,750 kn)ttlih & .&iuthern trrd. sh li.94Y 714 l j<)4L)7 1,100 l j.949 714 l j.94L) 7 SchiDdler-IlklR Af• C'llTrlTr.111 Certl (rf) 9.7(Xl.I I 9.71XI.31 9.7(M) I I 9.7IMI I I Templt B#r Inielrntni Trnii pk. vrd. 2qp %h4 211.4) 74 14¥111 4.34N 111 20.450 WIMMliide F.nf r1 f•niUP l.ld 22102r24 sale 145 ?.4 j9 ?0 2.459 211 17.459 01 1.22 ix) o(K) .147 ??3 42 2.11() (i. 1:21 jNI
Appendices Income Investment Incornel Tax Credit) Aberforth Smaller Compnaies Trust plc 08103124 Dividend on 1600 29108124 Dividend on 1600 Alliance Trust pl¢ ord 25p 29112123 Dividend on 6110 28103124 Dividend on 6110 281C6124 Dividend on 6110 27109124 Dividend on 6110 BHP Billiton Group 28103124 Dividend on 805 03110124 Dividend on 805 Blackrock Frontier Markets 14102124 Dividend on 8150 02107124 Dividend on 8150 BP plc ord 1911212J Dividend on 2325 28103124 Dividend on 2325 28106124 Dividend on 2325 20109124 Dividend on 2325 British American Tobacco plc ord.25p 01102124 Dividend on 450 02105124 Dividend on 450 02108124 Dividend on 450 01111124 Dividend on 450 Capital Gearing Trust 23102124 Dividend on 370 05107124 Dividend on 370 Compass Group plc 29102124 Dividend on 475 25107124 Dividend on 475 Di*g•o plc. 28 1011108p 17104124 Dividend on 565 17110124 Dividend on 565 Flrst Trust Glob81 Funds plc 09101124 Dividend on 740 08104124 Dividend on 740 10107124 Dividend on 740 09110124 Dividend on 740 GSK PLC 11101124 Dividend on 472 11104124 Dividend on 472 11107124 Dividend on 472 10110124 Dividend on 472 HSBC Holdings 21112123 nivid•nd Qfj 19?0 25104124 Dividend on 1920 21106124 Dividend on 1920 27109124 Dividend on 1920 600.80 217.60 387.37 387.37 404.48 404.48 453.20 455.46 314.70 224.30 13J.38 132.34 132.12 140.66 259.74 264.96 264 96 264.96 40.70 288.60 133.48 76.95 181.08 266.85 141.75 152.45 15288 140.08 66.08 75.52 128.55 128.55 476.71 467.39 145.57
ApFeThJices Interok Group 21106124 Dividend on 200 08110124 Dividend on 200 J P Morgan Global Growth & Income 05101124 Dividend on 9000 16104124 Dividend on 9000 03107124 Dividend on 9000 02110124 Dividend on 9000 Land Securities Group Dlc ord IOD 02101124 Oiviuen(J on 126 12104124 Oividend on 726 26107124 Dividend on 726 04110124 Dividend on 726 Lloyds Banking Group 21105124 Dividend on 16000 10109124 Dividend on 16000 Man Fixed Interest ICVC Alan GLG High Yteld 29112123 Dividend on 19326 223 31101123 Dividend on 19326 223 29102124 Dividend on 19326 223 28103124 Dividend on 19326.223 30104124 Dividend on 19326 223 31105124 Dividend on 19326 223 28106124 Dividend on 19326 223 31107124 Dividend on 19326.223 02109124 Dividend on 19326.223 30109124 Dividend on 19326.223 31110124 Dividend on 19326.223 29111124 Dividend on 19326.223 Murray International Trustpl¢ ord 25p 16102124 Dividend on 20420 20105124 Dividend on 20420 16108124 Dividend on 20420 18111124 Dividend on 20420 Rio Tinto 18104124 Dividend on 375 26109124 Dividend on 375 Shell .8. Euro 0.07 20112123 Dividend 4An 25103124 Dividend on 580 24106124 Dividend on 580 23109124 Dividend on 580 Royal London Uff Manager5 29112123 Dividend on 12500 28103124 Dividend on 12500 28106124 Dividend on 12500 30109124 Dividend on 12500 Sehindler-Holding AG 26103124 Dividend on 60 148.00 107.80 414.90 414.90 414.90 513.00 66.79 67.52 8785 66.79 294.40 169.60 131.75 115.93 140.69 146.68 134.73 141.82 138.38 11473 731.03 134 35 11944 133.05 490.08 878.06 510 50 510.50 764.14 503.36 152.60 15602 156.25 151.67 138.26 13889 147.18 142.90 169.19
Appendices S¢hrodor Oriental Income Fund 16102124 Dividend on 10750 10105124 Dividend on 10750 02108124 Dividend on 10750 29111124 Dividend on 10750 Scottish & Southern Energy plc ord 08103124 Dividend on 1100 19109124 Dividend on 1100 Temple Bar Investments Trust plc ord 25p 29112123 Dividend on 20450 02104124 Dividend on 20450 28106124 Dividend on 20450 27109124 Dividend on 20450 Charles Stanloy Funds 02104124 Gross Interest to 31103124 0111 0124 Gr05s Snleresl 19 3viO¥i24 Lindsays Funds 08101124 Payment In lieu of client gross interest due for the penod between 04102122 and 02101124 02104124 Payrnent In lieu of client gross interest due for the period beh¥een 04102122 and 31103124 03107124 Payment In lieu of client gross interest due for the penod beeen 04102122 an.(J 301123 02110124 Payment In lieu of clienl gross Inlerest due for the period between 04102122 and 30109123 215.00 215.00 215.00 645.00 220.00 440.00 511.25 511.25 511.25 562.38 69.14 294.63 309.86 218 35 220.82 23,241.06
AndIce$ Revenue Payments Payments to Beneficlaries 16-Apr-2024 Circle of Comfort 16-Apr.2024 My Name'5 Doddie Foundation 16-Apr.2024 Parkinson's Disase Society UK 17-Apr.2024 SSAFA 17.Apr.2024 Southside Faith Care 17.Apr-2024 Pilmeny Developmenl Project 17.Apr-2024 Cheyne Gang 23-Jul-2024 Archrtectural Heritage Society of Scotland 3,000.00 3.000.00 3,000.00 2,000.00 3.000.00 3,000.00 3,000.00 2,000.00 22.000.00 Investment Management Expenses 08104124 Chartes Slanley-Advice Charge 08104124 Chartes Slanley-cuslody Charge 20104124 Chades St8nley-Overseas Custody Charge 02110124 Charles Slanley-Advice Charge 07110124 Chartes Slanley-custody Charge 165.iyj 316.97 15.00 165.00 408.84 1,070.81 Agents Revenue Fees 15112124 Fee for adminislralion of the trust for year lo dale. applicable lo revenue 1 $112124 VAT al 200 885.00 177.00 1,062.00
ApF*ndices Capitsl Payments Administration Expenses 22102124 Michael Marwick examination fee for 2023 Accounts 125.00 348.75 473.75 02105124 Trustees. Meeting & Dinner expenses 2024 Investment Management Expenses 08104124 Chartes Slanley-Advice Charge 08104124 Charles Slanley-cuslody Charge 20104124 ChaAes Slanley-overseas CLbslody Charge 02110124 Charfes Slanley-Advice Charge 07110124 Chartes Slanley-cuslody Charge 165.00 316.98 15.00 165.00 408 84 1.070.82 Capital Fees 15112124 Fee for administration of the trust lor year to date. applicable lo capital 15112124 VAT al 200/0 1.075.00 215.00 1,290.00
NOTES to the ACCOIIN'TS Ii)comL froni Ini'LsimLnis Is ¢'d11¥d lo chc in¢on)¢ and ¢iPLnditurL' accoun( in thL I'Lar in i¥"hich It is rLC¥II Ld. Nu I'ruslLI' rLcLII'Ld ani. rL'munLraiion dunn% thL I'¥ar. 12112.1 nonLI ThL Ini'LsimLnts arL' shoii n In thL accouiit at cost.
Indep•ndeni Examiners Report to the Trustees of The Hilda & Johnny Gibb Charitable Trust I report on the accoun15 of Ihe charily for the period ended 15 December 2024 The charity's Irustees afe responsible for Ihe preparalion of the accoun15 in accordance with the terms of the Charities and Truslee Investment IScolland} Act 2005 and the Charilies Accounts (Scotlandl Regulations 2006. The charity Iruslees considei that the audit requirement of Regulation 10111 Idl ol the Accounls Regulations does not apply. It is my responsibility lo examine Ihe accounls as required under seclion 44{1lcl of the Act and 10 5t8le whether particular matters have coffle to my attenlion. My examinalion is carried out in accordance with Regulation 11 of the Charities Arcni Int< lQcnllandl Regulalions 20. An examinalino includes a review of the accounling record3 Kepl by Ihe charily and a compari50n of Ihe accounls pTe5enled wilh those records. 11 also includes consideration of any unusual items or disclosu¥es in the accounls, and Seeks explanations frorn Ihe Iruslees concerning any such matters. The procedures undertaken do not provide all the evidence that would be qUId in an audit. and consequently I do riot express an aiJ(Sil opinion on the view given by the accounts. In the course of my exarnination. no matter has come lo my atten110n 1 which gives me reasonable cause lo believe 1hal in any materi81 respecl the requirements.. {8) lo keep accounting records in 8ccorilance with Seclion 44111 {al of the 2005 Act and Regulalion 4 of the 20C6 Accounts Regulalions. and (b} to prepare occounls which accord with the accounting recor(Js and comply with Regulalion 9 of the 20C6 Accounts Regula1ions have not been mel, or 2 to which. in my opinion. atlenlion Should be drawn in order lo enable a proper understanding of the acco(Inls to be reached