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2025-09-30-accounts

LCVCLSISCA AN0204.0(M)I THE MARY ANDREW CHARrrABLETRUST REPORT OFTHE TRVSTEES ANDACCoU￿5 YEAR ENDED 30 SEPTEMBEJi 2025

THE MARY ANDREW CIKARThhBLE TRI Reportofthe trustees forthe ye¥ ¢Thd￿ 30SWembÈr2025 The Tru5tee5 present theSr¥nnual report and flnanoal statements of the chartIa￿e trust forthe year ended 30 Septethr 2025. ThÈ finanual ststements ha¥e been prepated In ac£ordance with the a(C￿ntIng poliuesset ojt in Th)te i to the accounts arKI comE4ywtth the ￿￿ty.5 tr￿tt deed, the Chaihles and TNstse Inve￿Ment IkotlaThll A¢t 2tKIS. ThetharitiesA(counts15codarKII Regulatlons 200618s amendÈdl arKI Accounung Rewrbn8 ty(hritie5,' Statementof Recommended Practice a￿lC3￿￿ to Charf￿es preparingt￿"r accfAM)ts in accordance with the the Financlal Reparbngstandard ap￿4¢•￿e inthe U% and RepuNlcof Ireknd IFRS 1021 IEffective l January20191 Oblertlves and athlY¢$ The putposes of the Trust 45 lald dowThln theTrust Deed arets thelnwme and catytsl Of theTrustfvnds for charftatrle wrwses by the pawnent at s￿h times as the Trustees MaYde￿Ie of gonts to such Chartt￿$ as thethe trustees may sdttlnam1￿ a numLwof su8gesteAI charitie5 as potential beneficiaii• and also such 0therd1arit￿ a5the Trltstres May(￿OSewhTlh pro￿de (al lorthe malntrnano and expanslon of Chv15tiaD Chur(tr￿ and 0rgaThsat￿ns. Ibl for the malntenance, rellef. medlcal treatmentorcare ofthE 5icI the blin¢ the deaf. the dumb.the agedor the ps)or.' Icl for educalion ortralnlng Idl for he care and Lpbrit￿ of the YQLW and lel fort￿ weseryation of pl￿eS 0ndbulld1r￿ of h1$¢￿TC or art15trc Inte￿. Grant Thiklng poll¢v Grants are pald norrnaltyfrom the tnist KKometo a whle varEty of tharlt&4elxt(les (not Ind1¥1d￿l$> In response to applit4dons recew In Irnp1￿nt of the trustpvrFM)sek hi•¥ementsand pthmiarKe Durln8 the year to 30 Septernber2025 thetru5tees awarded40 yants totalling£39,L ranEIr￿ from £50Dto £2,OLKI. Durlng the yearto 30 ￿pte￿I￿ 2024 the tswstees awarded 32 8rantstolallln8 £31.6¢XJ ran¥ingfrom £600 to £1.(￿. The Trust hzs uThlert4ken and wlll tontirnE to undwtske ￿$(￿stomary Ta￿e0fathtieS all of whkh are in accordance whh Its objttU¥es. FInW￿l1 Revlew The f￿ndS olthe Trust were estrdblislEd bythe tra￿fer of stocks t￿o￿￿t0 the sahl MaryAndrew and fuThds are irwe5ted under prof&￿ana1 ad Income arlsln¥duilng the yeartotalkd f36,037 ènd chadtallE dO[￿OnS9[£39.oc4jWere awarded. rlng the Yeart￿ Tfu5tee5 met and decided up￿ thewkxjs (harrta￿e dLbwsennt

Report of the trurtees for the ye¥r Xl Septembtt2Q15 In¥esth)ent poucywd perk¥m￿ce In accordance vAth the Trust Deed. the Trustees habEthe ￿¥￿tt0 in%tst In s￿h sto¢k5. 5kre Investrnent pro￿rty In the UK astly5ee fit. The TnJ5tees erqa8ed RathbN Investrnent Management Ltd. as Investment margeT5. The pc4ty ts to adopta I￿/Meth￿m risk m3nagem)t based on maxlmlslng incornelcapltsl growth. The rnarketvalue of b)vestments dttreased by approxlThatdy 1.26%. Rlsk Manawnent The trustees h4ve con51dered the malor rfsksto whlth thetharftalAetJust ￿ exposedarKI have revlewed those risks estsNished syttns and Prc￿lureS to m4n¥ethose rtsks. ReseNespoficy The trustees retaln suffident reserves to ensure thatthETrustmeeis its0svhead$ objecdves and malntsins Its ￿pIts1 base. Plan$lor fvtrjre pw*)ds The ￿an to [￿tInuet0 make chakftable dtstwSt¥Jticffis.

Report of the Irustee5 for the yeaYended30 5tpteTrer 21)25 (curtdl sinicture• 8tr4emante •nd m•naKernerrt Foundln ent and Trus The Mary Andrew Charltable Trustis a tharftableTnthe5tsblis￿ Sn 1993 try Miss Mary Dunlcy MurdorhANlrew, c/0 IItc￿lIS Roberton, Geor8e Hou5e.Thirty slx Nofth HanoverStr&L Gjasgow. GL 2AD undw a Dedaration of Tr￿1 dated 20th September8nd Tr8iStered in the Books ol Counul SessKn 27th ottobw 19 i5sAndrew appob)tedthree Tru5tee5, all s01k￿0￿sIn Gwwand the Deed k￿th$for the assumptlon of addItI￿OI Tru5tee5. During the accountlk year reported on theTnJ5tEes were:. Mary Morag Irglls Wllllam Marr Coupet Grant Jame5 Ooutyas Ander50n DattorAlstalrJames Domrd lappc¥ntal 16th SÈpternber 20241 NewTrustees are aFrfA)Inted bytheexlstln8 Trustee5. AtTnJ5tees' meetkw. thETrL4tees agree the ￿Dad strate8y/t7d areas of a¢￿￿ty forthe Tru5L indLhn8congdeTrt￿ of yantmakin& investment reserves. and risk management policie5 and perfrnnavce. Theday-to4av adrnlnrstr8￿0￿ of theTrust Is delEgated to MtlchellsRoberton. Trustee5 areencow•¥&l to atteNI semSnars v&fiere t￿Wil1f3CII￿atethÉ urnkrtaklngofth role.

IHE MPAY AIIDREW (IIARITABLE TAiJsr Report of the iw$ts¢s for the year ended 30Septerh4)er 20Z5 1¢￿t￿.> Referen¢• ènd admlnbwairrt lTrfonnatlon Trustees Mary Morag In8li5 Wllllam Marrcoupw Grant James Dougla5 Anderson DoctOrAl￿tairJaMes DoThvard lapwlntsd 16th Septerrknr 20241 Prfndpal Offlci and 5016cltk¥$ Mit¢he115 ftobertc￿ Ltd. 5uliritQf5 George House 36 North H8noverStreet 618s8ow GI 2AD Charlty Numbw: SOJ21977 IndepeTrdert Examlner Loufse D MCAU￿V 8AccCA Partner NeLson Gllm(wr knkth Chartered Accountants mer¢An￿le Chzmbers 53 Bothwell 5t¥eet GlasEOW. G2 6TB The Royal Bank of Scotland PLC Glasgow aty Branch 10 Gordon streÈt Glas8ow GI 3PL Inve$tment Advkors Rathbone Investsnent Management Ltd Stoc*brokers 50 G￿rge Squ?re 6185gow G2 LEH

Report ofthe trusrees lor the yearended s05erf￿￿25 Icvntdl RÈ$FK)n$lbllltlès ol the Trustees The CTharfty's Tntslees afe responywefoi preparin8theTnisiees Affl￿1 flep)rtand the flnancljl ststements in occordance with appllcable law aNI United Kw￿d0m Acc(NJndng 5tsndards (Lknlted Kingdom GeneraltyAccepted Accounbnt thcifcel. The law ap￿SCablet0 chartfjes in sto￿aTra requlres theTnJstees to fiTharKkl statementsforeach fflnaTTcJal year whlch tyve a 1nandfalT￿eWof thestste of knlrs of the rth8rfty4nd of the incornlng resources aThJ ap￿￿01￿)n of rex)urce5 of the Charftyforthat perfod. In tyeparlnKthese financlal ststemwts.lhe TNstee5 are ￿Ul￿ed to: sele¢tsuOtable occouDting wlicie5 then apptykn) con•. ob5eryethe methods ￿￿esotthe Charftles SOAP: make judg￿￿nts and estlmate5 thatare reasonatrAe and srate whether apphcable accounting standard5 aThJ Stat￿nents of rttommentsl practtce have been f￿lOWed. subject to aTryrnatvial departures dl&)sedand explaI￿d In the finandal statÈrneTrts,' preparethe finantial statements on the golrv4 ba$15 ￿esS rtI5lna￿w1te to presuftE that charitsbIetn￿t wll conJnue In e￿Ster￿e. Trustees are reS￿)nSIble for kr¥woper whlchthsd05ewrth reasonableaccuracyat any tlme the flnancial posltion of the MaryAThkewCharitstAe Trust and to enable them to ensure ttrhgt the aewunts comF4ywlth the Owitbes and Trustee Investment IS(otknd) Att2005 and the Clwrlties Accounts Ikotlandl Regulations 2CX)6 las amethl. They are atso re4poThslble for safeward1￿ the assets t¥Fthp MaryAndre Charffitable Trustand nce for taknng reasonable stepsfw the prwbon a￿1 detection of fraudand other irrewlarrtle5. Approved bythe trwgtee5Qf . slgned thelf behaw by. Pknry MordE Ingl

THE MARY ANDREW alARffABLE TRusr INDEPENDENT EXAMINER'5 REPORTTO THE TRUStEESOF THE MARY ANDREW CHARfTABLE TRiJSI YEAR ENDED 305EPTEMBER 2025 I report on theaccounts ofthe tharftyforthe ￿rended 3D Septerniv 2024 whkh a￿ set out on pa8e$ 8t0 17. Respethe ie$pon4bllltl•s of tntstees andexarriner Thè Charfty's Trustees are reSpo￿Sb￿fOrthe pwratlon ofthe3ccourrts in 8tttyd1￿e wtththeterm5 of the C￿rft1e5 and Truslee Investment Iscolland) Att 2(M15 and the all￿e5 Accwnts Iscodandl Regulztlons 2al￿ lès an￿nded1. The charitV5 trustees tonslderthat the 4u(&t requirement of RegL4ation Ioliiial to Icl of the Accounts ReKulatlons does not apply. It Is my responslbilttyto examInetheaccx￿ts as retpjirwj under 44(Illcl of theAtt to statewhetherparti¢ulor matters ha5to￿￿ to rnyatta)Yon. Basls Of1ndep￿denteXaMkner's$thte￿￿nt My eMamknatW)n1s can1ed wt in aEmrdarKe wlth Rewation li of the 21W6Aowrrt5 Regulations las amènded). An eX?￿natIOn IrKludes a r￿leW of theaccixJntinE records kept bythe charfty and t cotnparlson oftheacctyjnts pre￿ted wrth thDse rec￿￿ ￿alSO Incl consideradon of any ￿USUal items or dlsdosures in the acLrunts. arxl seeks eKplanatl¢)n5 fr( theTwstees eorKernrng any5uch matters. The wocedures not PrO￿de a¥ th2 evldencethat would be requlred Inan a￿11, andconwuenUy l th noteyress an 0￿￿On on the vIew8￿￿ Lrythe account& Indryendent exam**1$￿at4fflert In the course of myexamlTraUon. rKp mattEt has cometo nryattartion l. whkh gfves me reawn4ble uuse to bdleve that ID 4ny materfèl re$wt￿ req￿reMents.. to k￿￿ accourrt1￿ rttords In •ccordancevth ￿10￿44<11(al clthe 21x15 Regvlation 4 of the 201% Attounts Rel￿atIonS. and to prepare a¢¢ounts whkh accord whththe accoUn￿ry ￿cOrdS and crAnP￿Tr￿th Re￿￿￿l￿n 8 cfthe 2￿6 Accwnts RegUla￿or￿ have not been met. or

THE MARY ANDREW CHARITABLE TRUST INDEPENDENT EXAMINER'S REPORTTOTKE TRUSTEES OF THE MARY ANDREW CHARITABLE TRUST YEAR ENDED 30 SEPTEMBER 2025 2. to which, in my opinion, attention Should be drawn in orderto enable a proper understsndin8 of the atttsunts to be reached. Louise D McAulay BACC CA Partner Independent Examiner Nelson Gilmour SmSth Chartered Accountants Meicantile Chambers 53 Bothwell Street Glasgow G2 6TB 161026 Date

fortheye¥•thd Xl Septembw2O25 Total Fund5 2015 Total Fund5 2024 Income and •ndowrnents: Investment income 36.037 36.037 Total Incgjme 35￿37 39080 Expendltsr¢ on: C05t ot ralslngknds Investment managemert ¢05ts io 10,644 62 th8Yitable arlr4tFes Charitsble donatlons Support costs 39.fAKI 8,368 39,(KAI 3L6LNJ 13,116 4.720 Cos¢ tsl grart mkkni 47.36B 720 si 44716 Totsl expenthur* 47368 15,3 61732 55,178 Met gaIn￿(loSses1 on Investments Net Movement In Funds 17.774 io 17.714 119,904 103,806 {IL3311 Reconclliation of fund5: Tot?1 Funds brought forward T¢>¢al Funds carrled forword 11,179 IL511 I,1￿.755 1,183.165 1,191,934 1,183,013 1,088,128 IA91,934 The note5 on pages 10 to 17f<￿ partofth¥eaceow I IKome and expendlture derlve from coTrllnuJn8 acUWle5

THE MARY ANDREW CIIARtrABLE TRL6r Balan(4 Sheetas * 30 September 20ZS Note T¢tal Fwds Total Funds 2024 Flxed assets: 81bl 1176.234 1.176,214 L176.234 L17&234 1,191,274 1,194274 Total Flxed Assets ffont assets: Debtor5 Qsh at bank and In haTJ 5.954 14,879 27.199 114A171 33,153 462 19.331 5.YJ7 Total CurrentAss¢ts 11782 a3.615 24928 Uabmltle dltors falllwdue wlthln one ￿ar ID 12038SI 11521 15,8511 6,931 26.8361 124,2681 660 Net CurrentAssgts rotal 8ssets14$5 Eurrentlablltles 11521 iJ84165 L183.O13 L191,934 Net 4$set5 11521 IA83,165 1.183m3 lJ91,934 The fimd50f the ¢h¥Ny. Unrestricted capltal reserve Unrestrlrt¥J revenuefund Totsl Ch8rftyfvrMts li L183,165 4W,165 11521 iJ83.0 L180,755 11,179 1.191,934 11521 1152) I.￿,155 The not on pages 10 to 17 forni partof these accounts Approved bythe TnJMees gll". 2,6202 Date and signed oll their behaw by.. Mary Morag In￿15

-iL The MaryAndrEwChwrtaNe Tn Notes on theaCc0L￿tsIOr theyw eftded30 Septenkn 2025 Acco￿ntIng pdldES lal Bas15 of Nepara￿1)n and asse55mehit of gicoK•rn These Ina￿131 ststanertts have been prepared IncomKAiareMth FRS 101 TrFlnarKk81 Reportln8 Stanthrd applicable In the UK arMlthÈRepuWlc ol Ireknd., the Statem&tof A￿0mMe￿ed practi￿ appUtaNe to charities preparing thetr ￿COUnts In a¢thwKewith the Flnancial Reporttng Standard applicable in the UK and RepubNcol Irela￿1 IFRS 1021 Icharities SORP IFRS 1021 IEffecfjve l January 20191 and the(hartE￿5 and Trustee IrNestm￿{kot18ndl Att 21k)5 and the CharttyAccounts Iscodandl Reeulatlon$ la5am￿￿ed1. The aicounts Ifinoncwl stateffntsl have prepared wxlerthe historictost tDnventlon, wtth thp exception that Invertments are Indwled ￿ market value. ThÈ ffinarial statenrtsare &Yepared In stertln& whlth lsthe furttional currenryof tké Ènuty. The charSty Is ￿stered In scO￿and for publlc bertfiL thailty mjmber 5aKK)459. The trnstees c0Th￿der that there are no ￿al￿al uncwts1ntle5a￿utlheTIus￿s èbilityto continue s a Kolng concem. Wrth r£spErtlo the next rewrting perlod. 202+25. ryK>St siBnlficant areas of unc£rtalntythat affertthe carrylngvalueof assets hekl bytheTiusl arethe level of InvÈthYTht retwn and thE perforrnan￿ oflnVe5tr￿nt markets Iseethe inbEStm￿I polky and rfsk tnanagementsethons of the tswstees. annual reFrf)rtfor more Informatitinl. Ibl ReconclllatI￿ wlth we¥lcAts Gener4yA¢¢we41 Pr In preparlngthe accomts, thetru5tees have consldered whthr in apFblnKthe accJJntin8 polkle5 req￿[red by FR$ 102 and the SORPIFRS 1021 a reStat￿￿￿t01 cornparatjve it¥n5 was re(wlred. 140 reststements were requlred. Icl fvnds Slwucbxe Detals of fur￿ stfuthre are dwosed In ￿ IL {dl IDcome reccfnltkn All Irome is recognised in the Ststementof Flnantial A£iM￿e5 ISOFAI orKe the charhaiAe twst has enthlernenttothe Income. it is probablÈthat the irKorne ￿11 be wavEd and the amount of Income recelvable can be m@aMJrÈd Teliobly. A5 the Char5ty Is eXert￿tfrom tsxatk>n wowslon Is madefortt tsx re¢owery lollowlng s¢JbrnisshM of a retewJrttuclaim. lel E*pertdltsr¢ rec(en￿l UabilltlÈ$?re ￿e(vaniS￿d Os exper￿￿re In the SoFAas soon aSth￿e Is a legal or C￿Str￿tIVe oblltation commlttir￿ the chafityto tkt eX￿ndi￿r¢ It Ls probabte thèt will be qwred and the amournt of the obIl￿tk>￿ can be measur&lsafdy. All expenditurÈ Is a¢¢ountedfor on anauruak bals.

-li- The MaryAndrew ClwitableTru5t ACCo￿tIng pollcles Icont&l IQ Costs of ral$lnglunds The costs ofgeWatlngfvt￿sc￿nsl5E ofinbr5trnentmana8eniertaThJother rdevèntfeÈs. Ch•rftabl¢ athryfies Costs of charftable attivitlesc¢)mprfsegrants made and suAMKt£osts that ccmprlse £11 admlnistrndve our801n￿. Internal and external a￿¢ ￿gaI ad￿ce forTmstees. sts assoclated wlthcon5titutso￿l and statuiw an4lstratsO¢ managanent thro￿1¥x￿ theyear. Ihl Flx•d asset trNesknrts Investments4re H form of basic finandal Instrunwand dre inrtiaify reuwised attheivtran5aCt value and subsequently measured at thelr tsSr Wa￿e asat baLlr￿ ￿et dateuslng the closl quoted rnarket wice. The statement of finanLial activjties i￿￿jd@SthÈ rtgain5 and1055es arfsk)8 OD revaluation and dlsposals throu8h(Krt the ￿aT. The Trust dDeS aciuSrepLrtoptvJns. derlvakn ortsthercom*xfmanfJal lrnstrufftn The maln form of financlal rlsk faced bythe tharrty ￿that of In equitymartetsand nvestrrEnt markets due to ￿der e(onomK co￿j1110nI the atttumje of irve5tors to irr￿lMent sk and changes In seMirnetrt [{H￿emInge4￿1t￿s andwflhln partKularsectors or sdb settots. 15} Galn$ and losse¥ All 8ains ar¥J1055es are tsk￿ to the Statementcf Ana￿al ACtivit￿S as ttw3rtse. Realised galns 3nd losses on Investments arECalcUkt￿ a5 the drfferEnce betweensales pro and thelr openlng carrylntwalue or their purchase value if acqwred subswntto fiT5tdayof the flnanclal year. UNealised gain5 and losse5 aTe cakubied as the dlffwetKe IEtween the fair value ai the yearend and th8rcarryitw Val￿ Reallsed and unrè3lLsed inst5t￿t cair￿and 10$5e5 are CC￿bl￿d In theStat&T￿tof FIna￿lA(tmt￿. lll ConllngEnt Llablllues and Pr￿AS1O￿$ None. Related p•rtytran5acUonsandtrnstees' ra￿￿e￿Ik) Trustees recelved no eMolU￿￿nts{2024 £nll and noexpen5e512024 £nill. Mary Morag In8lls a TNstee OfT￿ m)ryAnthew¢Jwrita￿￿Trn¢ was also a txrector of Mltchetls Roberton Ltd until 31 Marth 2025. The fee dueto Mttthe115 Roberton Ltd fortheyear Èrthd 305eptember. 20251$ £I2,0￿12024 £I2,LI￿)

-12- Investment In¢ome DIVIDENDS IiirEREST. Rathtwe Investment Management IMrEREST- mitc￿1$ Roberton 35,696 332 38.820 242 18 39,080 lTh¥estrnent m•na8emtht fosts Rathtrrt)ne Investment Mana8em2nt 10.644 10062

The Andrew ChorilableTrust Anaws oftharftsble ex￿lture 2025 ZOZ4 202 25-Feb Unlversityof Glasgow Trust 25-Feb Poppyscotland 25-Feb RNIB 25-Feb NJmy Berwolent Fund 25.Feb Royal Alr Force B￿eVc4entFUTh￿ 25-Feb BrI￿sh Red Cross 25-Feb The Seafarers Chartty 25.Feb Royal Natknnal Lifekn&t In5tltsJtlon 04-Jun Age ScotlarKI 04-Jun child[￿ 1st 04-Jun Deaf Action 04-Jun National Trust ofS¢otbtMI 12-Jun Mèrle Cude 13-Jun SSPCA 21-Aug Gukje r) 21-Aug Aberfadyind Gullane Partsh thLurh 22-Aug The Salvatlon Army 22.AuK RSPB scot￿Th 19-Sep PlèVlst for ￿le 19-Sep Geeza Break 22-SEP PavllliDn [G￿ater Eastthousel 22-Sq) Cbckmannanshlre Bumps and Itd 25-Sep Glencoe Folk Museum Sep The Undetheugh Ar i.OLX) i.￿0 Lorxi I,wo LOC I,oc i.th)o 750 750 500 23,rx)D rovlslon for entto-.- con￿UnItyone Stop Sknp Ne1ghtoUrho￿ NetWDrks Hearing vol￿ Nety￿rk thjndee ButterfiyTru5t PHrklnson'5 Qre andsuwort UK Epllepsy Connerth)ns Lothlan ￿tre for Inclus￿e The Projert CanonEate Youth ghteen and Under The Carrfckcthtse Intsrfach Trdn5FQrt Cornmunltles Conr*cted Flfe Soclety forihe Blirnl Into W¢yk Kirkaldy fteach0￿ Trutt 16,C¢)) 39,WO 31,￿0

-1 The m￿And1•Wa￿lIall¢ Tty5t Alocallan ol5U￿Ort eosts 1025 2024 m￿chell$ Bobtst￿ Ltd. Icapttall Nelson GilmoL¥ Smtth (Capital) Mlscdlaneous- ICarAlall 4.166 534 4,720 4,724 Mltchells Roberton itd. IRevenuel Nelson GI1￿ur Smlth IRe¥enuel 534 8,368 8.392 13,116 13.LW8 Independent Examlnatlon Fee The Ivdependent Examlnatlon Fee for2025 of £L068 was acuuw 12024 Inoyndent examlnavonfeerendered: £1.0681

The MaryAndrEwtharftalAeTn FlxedAs5et IrNe5IM￿ts 2025 2L724 l#1 Totsl net proceedsfrom d15posals Less.. Bool volue Less.. net105ses on dlsposals 398.642 418,3571 119.7151 374,327 1343,89LI 30.436 Ibl Mry4ement In fiKÈd aSSeilD¥estrn• Market vilue broUghtfO￿ard Add.. addthons to InVeS￿ents atc¢ist D15posals at carWn8value net gatnsl Ilossesl on rewalu￿1On Market¥alue as at 30th September 2025 1.191,274 365,828 418.357 37.489 1.176,234 1,085,127 360.570 1343.8911 89.468 1,191274 {cl Nel Ilowsllgans on Investments On d15pO￿lS as above On re￿lu01￿n a5 above 119.715 37,489 17.774 30,436 89,468 119.904 Investments at market vÈ Comwked.. 2024 UK Eqults oVe￿e￿5 Securfttes EqU￿leS c￿erSeaS Bonds Flxed hterett Flxed Interest Infrastruciure Funds 303.358 739.695 48.033 431,317 550,043 82.193 110.(K)7 17,714 1.191?74 1.176.234 Hlstorfcal Cost at >)th September 2025 969,597 988020

-i& The MaryAhdrewthiitabTn 14otes on thex¢owtsf(Y theyearended 305eptrrth 2025 Anslsol rurrerrt assets 1024 Mltchells Roberton- On harxl Mthhe115 RObert￿- On Royal Bank olscotland CMS P£¢t￿nt thiwjne Investment Mènigemerf Ltd- IncomeAccount Rathbone Inv2stsnent Management Ltd- Capltal P£counl 462 5,597 7.062 12.269 24,928 5,954 27.L99 33.615 10. Ahalysls of fiablltles CredltorsfaKln8 due ithln one ye ZOZ4 Inves¢rnertMana8ement costs Rathbone Investment Management Lld. 17LMJ 2,600 54w•r¢ ¢osts Mitrhe115 Robert￿ Ltd. Nels￿ Gllmour Smlth12 yearsl Revenue Mlt&*lls Roberton itd. elson GiltrM)w Smith12 ￿r5) 2.083 iisi 2,617 3.917 4.985 4.451 Grants 16.(KlO 26.836 14,600 24.268

-17- The m￿AndrewcharfI0b1¢ Tryst 11. Anaws of charltabfefvnds Anatysls of Fuod movernqnts alan￿ at Balance at 30 September 2025 21n4 lal Unrestrfct talxial reseNe LW.755 115.3641 17.774 1,183.165 Ibl Unre5trkted revenue fund 179 36,037 147.3681 11521 Totsl lJ91.934 61732 17.774 1,183.013 Anaws of Fund ollar￿ * IrKomk he5w￿e5 Gakns and Bal•ncÈ at 2024 lal Unrestricted capltal reserve 1,076,037 115,1861 119. L180.754.73 Ibl Unrestrfitted revenue fur 11091 39.080 139.YJ21 11,178.93 Totsl 1.088.U8 155,1781 I￿,904 1.191,gJ4 lal TheTrust Deed allowsforlheapF4lcatk)n byTnL%tees of the income and ¢aOtal of the Twst FurKls for(har￿ble purpo Ibl The unrestficted revenue fwKI Is aval￿ble10 ￿5Fert on 4ny of the purF)sesofthe tstrAe Trnst.