REGISTERED COMPANY NUMBER: SC171509 (Scotland) REGISTERED CHARITY NUMBER: 021646
Report of the Trustees and
Unaudited Financial Statements For The Year Ended 31 March 2026
for
Wardlaw Mausoleum Trust
The Long Partnership Ist Floor Robertson House Shore Street Inverness Highland IV1 INF
Wardlaw Mausoleum Trust
Contents of the Financial Statements For The Year Ended 31 March 2026
==> picture [292 x 143] intentionally omitted <==
----- Start of picture text -----
|||||||||
|---|---|---|---|---|---|---|---|
|Page|
|Report|of the|Trustees|1|to|2|
|Independent|Examiner's|Report|3|
|Statement|of Financial|Activities|4|
|Balance|Sheet|5|
|Notes|to|the|Financial|Statements|6|to|9|
|Detailed|Statement|of Financial|Activities|10|
----- End of picture text -----
Wardlaw Mausoleum Trust
Report of the Trustees
For The Year Ended 31 March 2026
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2026. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The company’s objects are:
- to advance public education by the preservation of the Mausoleum, Old Wardlaw Burial Ground, Kirkhill, Invemess-shire (otherwise known as Wardlaw Mausoleum) and in furtherance thereof: (a) acquire, restore and maintain the said Wardlaw Mausoleum; (b) promote and organise co-operation among communal, statutory and voluntary organisations in pursuit of the objects of the Company;
(c) procure and provide information through publications or otherwise relating to said Wardlaw Mausoleum, and (d) organise public meetings, exhibitions, lectures and classes in order to promote the objects of the Company.
Volunteers
The Trustees donate their time in order to achieve the primary objective of the Trust.
ACHIEVEMENTS AND PERFORMANCE
Charitable activities
Restoration of the Mausoleum was completed during the year ended 31 March 1999. The Charity depends on unpaid volunteers to act as Directors and Treasurer to oversee the furtherance of its primary object.
FINANCIAL REVIEW
Principal funding sources
The only incoming resources represent donations from visitors.
Reserves policy
The Charity's assets are held to further its objects of advancing public education by the preservation of the Mausoleum.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Recruitment and appointment of new trustees
The trustees are appointed by the members at the annual general meeting,
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number $C171509 (Scotland)
Registered Charity number 021646
Registered office
Pilgrim Cottage Wardlaw Road Kirkhill Inverness IV5 7NB
.
Trustees S Fraser
Page 1
Wardlaw Mausoleum Trust
Report of the Trustees
For The Year Ended 31 March 2026
REFERENCE AND ADMINISTRATIVE DETAILS Company Secretary
S Fraser
Independent Examiner Alan E Long The Long Partnership Ist Floor Robertson House Shore Street Inverness Highland IV1 INF
Bankers Royal Bank of Scotland Dingwall (A) Branch High Street Dingwall IV15 9HF
CESSATION OF TRADING
As of the 6th of March 2026 the remaining bank funds were transferred to ACT and all other assets of the Trust have been transferred.
The Trust has now ceased operations.
Approved by order of the board of trustees on a.7:94.20... and signed on its behalf by:
==> picture [70 x 9] intentionally omitted <==
----- Start of picture text -----
S Fraser - Trustee
----- End of picture text -----
Page 2
Independent Examiner's Report to the Trustees of Wardlaw Mausoleum Trust
I report on the accounts for the year ended 31 March 2026 set out on pages four to nine.
Respective responsibilities of trustees and examiner
The charity's 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 (as amended), The charity's trustees consider that the audit requirement of Regulation 10(1)(a) to (c) 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 the independent examiner's report
My examination was carried out in accordance with Regulation 11 of the Charities 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 seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.
Independent examiner's statement
_
In connection with my examination, no matter has come to my attention :
-
(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 to comply with Regulation 8 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 understanding of the accounts to be reached.
-_ acl 7 7
Alan E Long The Institute of Chartered Accountants in England and Wales
The Long Partnership ist Floor Robertson House Shore Street Inverness Highland IV1i 1NF : Date:[ad][2] 8[84. 2G]
Page 3
Wardlaw Mausoleum Trust
Statement of Financial Activities
For The Year Ended 31 March 2026
==> picture [465 x 283] intentionally omitted <==
----- Start of picture text -----
||||||||
|---|---|---|---|---|---|---|
|313.26|31.3.25|
|Unrestricted|Restricted|Total|Total|
|Notes|fund£|fund£|funds£|funds£|
|INCOME AND ENDOWMENTS FROM|
|Donations|and legacies|2,504|(203)|2,301|2,821|
|EXPENDITURE ON|
|Charitable|activities|
|gen|6,292|-|6,292|5,697|
|Other|12,419|-|12,419|-|
|Total|18,711|-|18,711|5,697|
|NET INCOME/(EXPENDITURE)|(16,207)|(203)|(16,410)|(2,876)|
|RECONCILIATION|OF|FUNDS|
|Total|funds|brought forward|16,207|203|16,410|19,286|
|TOTAL FUNDS|CARRIED FORWARD|-|-|-|16,410|
----- End of picture text -----
The notes form part of these financial statements
Bane A
Wardlaw Mausoleum Trust
Balance Sheet
31 March 2026
==> picture [464 x 282] intentionally omitted <==
----- Start of picture text -----
||||||||
|---|---|---|---|---|---|---|
|31.3.26|31.3.25|
|Unrestricted|Restricted|Total|Total|
|Notes|fund£|fund£|funds£|funds£|
|FIXED|ASSETS|
|Tangible|assets|5|-|-|-|12,419|
|CURRENT ASSETS|
|Cash at bank and|in hand|-|-|-|3,991|
|NET CURRENT ASSETS|-|-|-|3,991|
|TOTAL ASSETS|LESS|CURRENT|
|LIABILITIES|-|-|-|16,410|
|NET ASSETS|-|-|-|16,410|
|FUNDS|6|
|Unrestricted|funds|-|16,207|
|Restricted|funds|-|203|
|TOTAL FUNDS|-|16,410|
----- End of picture text -----
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) _ preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The pyres Statements were approved by the Board of Trustees and authorised for issue on vot D042... and were signed on its behalf by: i S Fraser- Trustee /
The notes form part of these financial statements
Pane &
Wardlaw Mausoleum Trust
Notes to the Financial Statements For The Year Ended 31 March 2026
1, ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2; TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees’ remuneration or other benefits for the year ended 31 March 2026 nor for the year ended 31 March 2025.
Trustees' expenses
There were no trustees’ expenses paid for the year ended 31 March 2026 nor for the year ended 31 March 2025.
3 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
==> picture [436 x 149] intentionally omitted <==
----- Start of picture text -----
|||||||
|---|---|---|---|---|---|
|Unrestricted|Restricted|Total|
|fund|fund|funds|
|£|£|£|
|INCOME AND ENDOWMENTS|FROM|
|Donations|and|legacies|2,821|-|2,821|
|EXPENDITURE ON|
|Charitable|activities|
|gen|5,697|-|5,697|
|NET INCOME/(EXPENDITURE) INCOME/(EXPENDITURE)|(2,876)|-|(2,876)|
----- End of picture text -----
NET INCOME/(EXPENDITURE) INCOME/(EXPENDITURE)
Page 6
continued...
Wardlaw Mausoleum Trust
Notes to the Financial Statements - continued
For The Year Ended 31 March 2026
==> picture [462 x 115] intentionally omitted <==
----- Start of picture text -----
|||||||
|---|---|---|---|---|---|
|3.|COMPARATIVES|FOR THE STATEMENT OF FINANCIAL ACTIVITIES-|continued|
|-|Unrestricted|Restricted|Total|
|fund|fund|funds|
|£|£|£|
|RECONCILIATION|OF|FUNDS|
|Total|funds|brought forward|19,083|203|19,286|
|TOTAL FUNDS|CARRIED FORWARD|16,207|203|16,410|
----- End of picture text -----
- 4, EXCEPTIONAL ITEMS
With the closure of the charity the Fixed Asset Improvements in the accounts have been written down to zero.
- TANGIBLE FIXED ASSETS
==> picture [439 x 332] intentionally omitted <==
----- Start of picture text -----
||||||
|---|---|---|---|---|
|Wardlaw|
|Mausoleum|
|improveme|
|£|
|COST|
|At|1|April 2025|12,419|
|Disposals|(12,419)|
|At|31|March 2026|-|
|NET BOOK VALUE|
|At|31|March 2026|:|
|At 31|March 2025|12,419|
|MOVEMENT|IN FUNDS FUNDS|
|Net|
|movement|At|
|At|1.4.25|in|funds|31.3.26|
|£|£|£|
|Unrestricted|funds|
|General fund|16,207|(16,207)|-|
|Restricted|funds|
|Groam Cottage|203|(203)|-|
|TOTAL FUNDS|16,410|(16,410)|-|
----- End of picture text -----
- MOVEMENT IN FUNDS FUNDS
Page 7
continued...
Wardlaw Mausoleum Trust
Notes to the Financial Statements - continued For The Year Ended 31 March 2026
6. MOVEMENT IN FUNDS- continued
==> picture [434 x 482] intentionally omitted <==
----- Start of picture text -----
|||||||||||
|---|---|---|---|---|---|---|---|---|---|
|Net movement|in|funds,|included|in|the|above|are|as|follows:|
|Incoming|Resources|Movement|
|resources|expended|in funds|
|£|£|£|
|Unrestricted|funds|
|General|fund|2,504|(18,711)|(16,207)|
|Restricted|funds|
|Groam|Cottage|(203)|-|(203)|
|TOTAL FUNDS|2,301|(18,711)|(16,410)|
|Comparatives|for|movement|in|funds|
|Net|
|movement|At|
|At|1.4.24|in|funds|313.25|
|E|e|£|
|Unrestricted|funds|
|General|fund|19,083|(2,876)|16,207|
|Restricted|funds|
|Groam|Cottage|203|-|203|
|TOTAL FUNDS|19,286|(2,876)|16,410|
|Comparative net movement|in funds,|included|in the|above|are|as|follows:|
|Incoming|Resources|Movement|
|resources|expended|in|funds|
|£|£|£|
|Unrestricted|funds|
|General|fund|2,821|(5,697)|(2,876)|
|TOTAL FUNDS|2,821|(5,697)|(2,876)|
----- End of picture text -----
Page 8
continued...
Wardlaw Mausoleum Trust
Notes to the Financial Statements - continued
For The Year Ended 31 March 2026
- MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Net | ||||
|---|---|---|---|---|
| movement | At | |||
| At 1.4.24 | in funds | 31.3.26 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 19,083 | (19,083) | - | |
| Restricted funds | ||||
| Groam Cottage | 203 | (203) | - | |
| TOTALFUNDS | 19,286 | (19,286) | - | |
| A current year 12 months and prior year 12 months combined net movement in | funds, included in the above | are | ||
| as follows: | ||||
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| E | 5 | £ | ||
| Unrestricted funds | ||||
| General fund | 5,325 | (24,408) | (19,083) | |
| Restricted funds | ||||
| Groam Cottage | (203) | - | (203) | |
| TOTALFUNDS | $,122 | (24,408) | (19,286) |
7: RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2026.
- ULTIMATE CONTROLLING PARTY
Wardlaw Mausoleum Trust is a company limited by guarantee with no share capital. It is controlled by its members in accordance with the Memorandum and Articles of Association.
Page 9
Wardlaw Mausoleum Trust
Detailed Statement of Financial Activities For The Year Ended 31 March 2026
==> picture [466 x 395] intentionally omitted <==
----- Start of picture text -----
|||||||
|---|---|---|---|---|---|
|31.3.26|3133.25|
|£|£|
|INCOME|AND|ENDOWMENTS|
|Donations|and|legacies|
|Donations|2,301|2,821|
|Total|incoming|resources|2,301|2,821|
|EXPENDITURE|
|Charitable|activities|
|Insurance|-|1,541|
|Advertising|122|292|
|Heat &|Light|199|677|
|Maintenance|308|2,493|
|Stationery|23|-|
|Sundry|-|34|
|Donations|1,184|-|
|1,836|5,037|
|Other|
|Exceptional|items|12,419|-|
|Support|costs|
|Governance|costs|
|Accountancy|and|legal|fees|4,456|660|
|Total|resources|expended|18,711|5,697|
|Net expenditure|(16,410)|(2,876)|
----- End of picture text -----
This page does not form part of the statutory financial statements
Page 10