Wllllam Munro Tru•t for Church Soottl•h Chartty No SCQ23201 Annud R•port & Flnandd 8t•twn•nts F•r th•Y•v End•d O Aprfl 2
Wllll•m TrngtfarAn•u Chuveh Tnwl•••' Annuil Rwt Forth• Ywr End•d S P•rll %124 Thg truoos hwo in pr888nllng thetr rwjrt ioptherwllh IhB flnwKI &atwngnts and thg trQFant wimlneffs rnport fortho ended 5 Aprfl 2¢Y24. R•f•rwK• a AdmInl•trall InfOrnOn eharlty N•rn• Wllam mr0 Trust forAtrM¥ Cu Chvlty No Mumi & Noblg, 26 Strqrt Invom855, IV11HX 8truthr• fffl•rnonc• & M4nAg•m•nt The Charlty18 a th•rftabl• tru8t a Iiwrod stt¥h Chartty sot w urvJ•rth• win of thp I Wlllam Munro. •polnlm•nt oFTN•t• Tho tnmtoeo do nui have to Dggk r•gprdthwnt •r. Cknrllzbl• purp¢¥•e• wrpoEe. as Biatoxl In th• do. io lo IKld o ontrholl•h•r• ofth• rwldu• from ot8 of Wllllam mrD a1 tg p¥y tho ann1 iwom• th•r•ofto the cwgrytlDn ofAln• Chur (rf ScotLqnd or to y tr¢ frng hr Iho of th• 8akl cwGreytkJn or Its mlnl fcf tho tlm bgln• W• have d)wluto •• to how much of the Incamo IJ pold ovw •rnl hrm mueh Is so appNed. Wo are enlldod to •ppty thg IncoTh for th• ethnc•rn•nt oflh• sdary oflho mlnl8tsr In quothn Ghould wo )nd0r tt appr4Ylat• and dMlrabl• In wlh th• Cttffjmpatlonal Board of ManogThnt Qr other or b(rt1100 •tt•ndlrg to thg MAnOrn8t ofih• s•kl thry8gallon. A01MU •xlkn•nts a P•forni•nc• In Iho r. tror• was ono mThnl of £3J17A8 m•J•lo th• cry•10n ofAh•88 Chur¢h of SoolLgr•J12¢Y23- no POyTMnts).
Wlllam Munro Tnmt for Church T•t8. Annuil R•port Forth• Yr End•d S Aprfl 2024 Flnanclal R•vlff Our msAn sowEo5 d inwme fuThdirwd continues b be divldond8 and Intsrn8t from jnve8tmtr. R•coipts from tro8e 8our¢48 wore £8,928 {2023 .' £5,318). PaYrrnts frGYn irKomv vmre £5,491 {2023 '. £18) the majority of this being lh• payments to the COngregatn olAlnes$ Chur¢h of Scallllnd whKh rAn(rrted to £3.317. There YAS a QUlUS for the yoor gn Income Df £1,437 (2023 ,' luul of £5,300). R•••rvw Pollcy The tru8lees' pdry li to k•ap r•s•rvo8 of hcome fvrKl# to a rnlnlmum and to spend the income rocelved durlng tho year. As a Ul1 of the surplus of£1,437 on incomq tha TnMt hold wicema fvndi 01£1039 at th• yaar end. Plan• for Fuknrn P•rfo Thè tN8tae8 con8id8r Ihat tnveslment Income to b? roc•Tv•d durfng 1h8 forthcomlng r*, VAII onable the Trust to ¢))nb'nue ts> make payments Irom the free wnual Inco to Alne88 Church or SCI1and, at abrt tM 8arne IMI ae In Pr1• Y1& Approv by the tru5t8e8 on S and ligned on thek b•half by..
Illam Munro Trust for Alnu• Chur¢h
Indwnd•nt ExamlMrf• R•port
Forth• Y•ar End•d 6 Awll 2024
Ind•p•nd•rt Ex•miMV• Roport to th• TN8t••8 of tho Wllll•m Munro Tntht forAn• Church
I rawt on tho lnancl818taloments of the ChtylOr the s•ar end•J 5 Apru 2024. aro 801 (xrt on
pHg8s 4 to
RwpKtlv• l••ponbIlItl of Trt$ and Exkner
The charivs truBtee8 are rn8pon8lblo for pyoparauon of ts soUnts In ac¥a)rdane8M4th th8 t•rniJ
01 thg Ch8rKbg and Trust•a IrNeitment (ScollAnd) Act 2005 (Ihe 2W5 Acr) end tho Ch8rlUo$
))unts (Scolland) Regulations 21Th (a8 affléndAY) (Yhe 20 Raaulatlonv). Tha charW8 1ru8t886
con¥ldw t1 fv audlt Nukemènt of Réuulatlon 10(1Xd) of the 2(K16 Rwulatlons doe8 nol apWy. It
15 rny rwsponaiblty to examine the accounts as requlred under SOGtion 44(1)(c) of tho 2(#J5 AGt and
to 4tato whether pgrthxlar maiter8 have come to my attgnvon.
B•Bl• of Ind•p•nd•nt Ex•nln•ts 8t•t•m•rrt
My Oxamlnailon Is c•rfled In 8ccaydanc RryuLatknn 11 of th8 2008 Regulallons. An
mlrth Indud88 a of thè accounung r8cordB kept by tho charfty and a o)mpatson of tho
accounts presented wllh those reoords. It also IndUd wn¥traI10n ol unu8ual item8 or
dlsdo8ur8s in th• aoxntS and 8••k8 0xplanaOn8 from tho tru81081 c(xKémkng iny wch matto
Tho ProclUr0$ undertgken do noi all the eVkIer Ih&t b8 rUired in an aKlit arKJ.
¢c88qlny, I do not exw886 ¢)plnlon on the4 glv•n by the aceount8.
knd•p•nd•nt Exumln•h 8tat•m•nt
In nnoC110n wlth my gxomlnotlon, rKJ m#tt•r me to my attantbn...
1 vthkh me reanabl• ¢w8• to beibm. thal. In any mterfal rejrt tho requlremenls:.
to k•ep acc
Wllllwn Munrv Tnwt for Aln•M Chun 8t•m•nt of R•c•lpts and Paym•nts - Forth•Y•v End•d S Aprfl 2024 2Wd4 2023 R•odpt8 DIdKIl from knv8•lméntJ Inter05tfrorn InStrnPn Ba¢ Intere•l 1184 Z117 17 77 928 5.318 l>roe•ed• from •al• of kThwlments 42.336 44528 Tolal R•o•lpt• 846 Inve6trnont management C4)Bt8: Fo81 to 8t(klxok8rn Paymenls for ctArttabl8 actlvM188'. Payment• to CPwroh ( S¢Jol•rKI. AIrn• varnBnca costs: F80 for admlnlstratlcn Fee for Imng tho foo Fe? for preparatlon of accounts Totsl pvamanc8 72 rcA80 of in¥06trnent8 44113 Tatsl Paym•rrt• 55,308 53,gJ2 {Daficlt}for th• y• {6,042) 14,0661 I fund8 v• •nd¢7•mient fuThJ6 The NO O form en Integral pwt of th880 aLrounts
Wllbam Munro Tru•tforAknou Church 8tatwn•nt of B•l•now- A• •t O Aprll 2024 2024 Fund• R•canelllatlon Cash al Bank & In Hand - W4R023 (DaficltySLrplus for the >ezr 1&178 (V421 19,234 (4,050) Ca•h at Bank & kn Hand- 01112024 9.136 15,178 B•nk a ¢h Balanoa• Bank DepDJIt AUnt Depo8lt Account StocklY¢kwi 897 2.239 7.1581 7,817 9.136 10.178 Invo6kngnts (at markat value) 302,170 2n,002 Llabllltl•• All funds are erKIM8nt fund Th8 Nola8 on p8g8 e form an Integr81 W of I00 Urth. bythe tru8tee6 on 3 d eigrd on tlkryr bohF by.-
Tmllwn Thmt fDr Aln•M Churth Not•• tr• th• A¢¢ounl•- For th• Y•v End•d 5 Aprll 2024 1 B••l• ol Aooounti Tlwo x¢ounts hav• beon ryeparod on the Reoolpts & bo81s In aC[danC4 wrh th• Charilié8 & Tru8ts0 Inv•8knont (8cotland) kt 2005 •nd th• CartdM Al>)) (Scoilandl ReQU1)n3 20 {a8 amend). 2 R•lal•d P•rty Trnn••Bllon• trufjt••8 dld Thjt any r•mun¥atlon or tnJ8t••8. Munro & Not40, 8 Ilmi In thich agts, ¢wged In rnaperl of al trkCoMe or oth&, durf th• r slmFlyforxlkng aB parb)w8, 88 tr1r a 00 legal athI80r tknrffj th8 >Bor th8 tru8t krfxjrred exvJndrn of£1,332 In 0th1stratIOn feel lo MLmro & Nrl•. At 5 Aprfl 2024 tr£ Tnjst (Tid £818 to Muvo & Nobl8. 3 Mawmont In Endmgnt FWKI In¢m Ciph•l Totsl Inctym C•plto1 &823 &Iy28 3.184 2,117 17 1184 2.117 17 44528 Intsr•Bt frun inv•8bm• Bank wrfernst frurn so18 of Inv851rnents 42,th8 42,33 Tot•1 R•c•lpts 928 42.&38 49364 S.318 44.E28 P•ym•nt• Foo8 to stoc*brokws Payments lo chIh of8¢odan 1317 914 24 1,238 3,317 FOB for thlnlilJakn Fo• for Ing th• 8Lx>w F•0 for pstOn of 80Untr Purth•80 of Inv•#tments 418 12 2M72 44,123 44,123 50,044 6,491 49.815 1 S 51884 Surplu¥JlDofidt) fry 1.437 (7.4791 (1,142) 5.30D (9.3 (4C 8slanea8 at 81wt oftheyaar 7,102 15,178 1,802 17,432 19,234 811 01th•r 9,136 7,102 15,178