REGI￿ERED CHARITY NUMBEK. SC O246t7 Rep•rt oftheTrryrteeB *Md f•rth• YeAtr Ethltd30Jw* 2124 Rob¢rt*ow Morfllk•lbJn TrMs( SBP Glebefield Ho 21 Lith Ttsrxe Aberdewhi AB42 2XA •f tht FknabriAI for th* Ye•r 3• Ju•e 2024 PA Ind•pth&Dt Ryrt riot•x to the St4leNK•ts 8 to 12 DthllEd 5tst¢rnmt •fFlm•Dr￿l Aeth*l4 13 hrtht Ve*r End￿3{1 J•Trt 2024 Th¢ tsws*¢s prtsem thELT Tewl with th¢ statem￿ of the cknrity fw ye4t enthd 30 June 2024. The applicable to ¢htrtlits preparing their aCCOkmts io with the YinrA¢i81 RwtDJ8 Stwthd appJi¢ubl¢ • th¢ and Rqwbli¢ of Irdmd IFRS 102) (¢ffcdive l J•nu•y 2019) OBJECTIVES AND AcnvrriFS objtttt￿ aud Alms The objeaives of the ¥¢ Sth in the will of the late Rtsbert￿ io tht folhw tmg (Ill origiMI 5p¢IIi having been r#41t>￿t)." rthv c(the 6Jll and rwlwtw￿..... d relief of th¢ poor and ti￿l￿t ir* the wish of md alxs fiy the SUPF&Yt of the ￿1%1 ordirwicc5 and of • whith r¢yo1￿ll￿ thy Pr£￿£td5 from th¢ ¥ral I bcar and the 8ILry and h￿)￿r of God I￿1 ibllt the Jxirtipky of our knly •Dd Cthrls￿ religpJn may b¢ th¢ mor¢ cffe¢tiv¢ty prDpaRAttd aThJ tha the said ass￿1* ConY%8wi￿ JMY woyr io Pe*the&d ano o]so frLMn ll desire thai th¢ PoLf in said PaTith of P¥x¢th¢4d m•y rtLe1￿ brn¢fft ..... my $4id tru#ees th￿1 ID 411 iirne canin8 be iYJJnd oblwA1 .. pzy yelrly. of the rents & profits fmn..Jhe Tnw &Jbicd5... to the rn0￿ iTMligaJi and n￿￿81￿15 PLX)r of the ￿ld P*rish of Pdeth¢*d witkn disilTrXi￿ the sum of Ten s￿11￿. IDJ it is my pwticul•r duire thAt th¢ 5wne k distrlw am￿ that a pwt ther&)f may ￿$0 be 8iven & wlith4 tow¥ds th¢ Edu¢•tVJD of Pwr CThildYry ill sllid Pwith, Wtr￿e Parents •t uMbl¢ ￿ pay for thEir FA4w4tson. Ind tht J&nrA of the of th¢ s•id subieu8 shll k •plitiJ r(v thr use and btr*fi* of thE for￿Id cOnkreRl￿n & tht¥e su¢t¢#(¥4 th¢ $uppxt C*f a minithr ￿ disr￿￿% th¢ c￿Pe1 & G(wl &dinHnce$ in th¢ JAid Cot>8r¢Ka1i￿ Ind T to my Tnthe5 *knv¢ to dilig0￿ er4uiry ywly, for the most The£￿1(￿J5 Poor Houstholders of the Mid pwish of Prtctht•l & CaTrful that the iaMI sum of Ten punds M¢riin8 hereby fry the oftht p￿￿. be gfvth •NJ to Per￿n$ C￿lY Is rt41 thl pnypeT obierts of Ch*ity'. The Trusttes the eivil of the • wide *FvIic*iioll within the Portgh of Pe*rhe•4, for •Jl w¢lfark simitsr PWFQJeS. The Trusi hAS m*iniained a $tr(￿S histor). of makin8 8rnnts appli￿lts withit) thc Tn￿ F4ry)sts from th¢ hxai ￿unity tt¢le5i&%iic41 dM¢¢thi of the A￿1 Congre8atKJn, nwnely P¢tedx¥l New P*rish CThur¢h, within th¢ of kixlarxL and fwid5 JKM exptsmled retsined &8 caprtd of the Tn*i. A ¢ommitltt of TruthEJ L)iu]d￿j upp11￿)￿¥ for fithdin8 wl n8 its teromrnerth￿ toa full meaii8 ofTnLW. tkn to impact on the TTU5t as expl*ind ￿der IKading Trr5k a mortorium ptoced by the TTh$i¢ei (¥L of 8rnrts to the Trust to msiuloin fitw*iai stsi¥lrty. txrng th¢ yew the moratorium 8raffls W85 *mpcrf4ry lifttd ￿ ￿loW New Parish Chttth kn forni • fiThJ for the of youth wth Wbthin th¢ L*uTCh. ACHILVEMEPry AYID PKRFORMAficE irtivitl L￿￿*(￿19 t(rtallin8 £26,￿ 12023.. £4.th￿l weTe rn•Je the P•rish of P¢tcrtK￿I durin8 ThE Tnskes CBny no ¢xterMI fijtthising. of the of thr Tr￿1 is by w*y of fEThal ]￿le f heritable prop*r5 owned by the Trust. Ren￿1 in¢￿t has by to JJ23 il itKre8ged by Z3 Page I Report o(th¢Tn fortht YeAr EtylEd 39 Jwi¢ 2•24 ACIIIEVEMENT AND PERFORMANCE IDveslm¢nt ptrfon#•tt¢¢ The pNtfolhJ c4Jntinws lo k man￿ by the f*ty)rs. St¢wart & Watson &)li¢ityw5 5uii¢G¢ tD the itLmrtKmS sut*NsioD of the With the 8U￿ of th¢ iuililiw commiiiee comprisin8 th¢ Chailm￿ 4nd Cleyk of Work5. The pr(*k*R5 wtte rev*1￿1 by pofe5sinsI survryLYs. D.M Dccunber 2017 And the overnil lu¢ of thc kxA1folh) hts rEThiin•J ill tr firwKi81 sttteTn￿ At 45AlJfAI. The tnthes believe that this is • hir rdecttonof th ¢wrcnt Thwket valu¢. IXwd¢nd income ￿trI11n8 £4,IPJ9 12023.. £5,059) WJS fnKn theye in%tstrD¢nts whith was aU￿matiCallY re-investtd in the res￿11￿ fvnds. Affttt i￿rISe in valuation rwii of the dNithnd Tneome ar jnv¢ythnertt wowth. the underlyin8 nluc of invests￿ts by £35,913 12023: £14.4311 d05in8 At £254.934 12023.. £2II.951). IIIYANCIAL REVIEW The net inu)m¢l¢xF¢nditirt f￿ the y¢ar b¢k¥E duri[￿ W•5 a of£3?.482 whith a J￿11¥ of £47247 ThE I'riLqt tonlinues * SLVtth petrth￿ Infimi by ￿tift8 thelh tittupmi of¥ unit on 4 rent t)te basis thn*1￿) ID kiThl rnkinR vrL4ffl prnniw a￿liab￿ free of dw8e to I￿11 p)d Ind commuMi(y evmts. Alknr allovJin8 for 8raThi the M ￿$11￿ kfoTr ￿j￿￿n¢nts *) iThveym￿ ryop•ty rtvduaibj￿ wo5 a 5urplw ￿11*)￿ of £37.482 c¥)mpred ty a of £47247 in th¢ FY¢viou5 yw. Tht bAt¥ttce she£t ￿￿1￿5 with cwreffl of £101.613 0023.. £69.130) * the yur providin8 suffi¢ient (*)ver meet IXLbYJin8 d•y to day artivmie Prlnclpjl fllndlnÉ Th¢ prirtiFd fimdin8 SOUW¢ ¥X￿¥nUm * b¢ iTrxffle 8rnv•ftd fr<¥n the Invutrni wlky ob￿￿}V Th¢ iDv¢strneth ObJ￿*¥e of the ch￿lty li mAtDtsth th¢ prrwty p)Tthlio wtth a view to incom¢ *) *kn•tions ts) be mDd¢ to m¢¢tthe rmin wms ofthc Funds wre Also iT￿Ested in 6h8r¢ prtfolios with • View *+ m&xirni3i4 on liquid reww¢¢s. Reservoj poll The fin￿¢111 ￿01t1￿ of the TnAt 15 ￿ (tmknin￿ irj the rtM¢hed The fitW1¢45 ofthe fnm we miewtd by th¢ Tnsttts meetin8. Th¢ Trwt a poli¢y of dig¢riiwAin8 a5 rn￿b of its irKLMne in the Lxwaf of the yetr Is li e4rt by of ideniifyw suitsble T￿lp*nts of fwjds vlhicth fall within the ¢hawithbl¢ of the Tn￿( d￿d. Suffi¢io)t h nseThes aye mlinthined med day kn day are only mldt when wfficient fimds 8 ovail4ble ￿ (k) x). FUTURE PLAP4S Slreams from tht Tn￿t L55¢ts idertify Wilh￿ the P*ish of Pthcrt*￿, whK* can b¢ likvi￿Al thd fund&1 within the lern￿Or the WTP)se$. STRiJCTVR& GOVERNANCE AND MAI¥AGEME Govtrningdoeumeftt Th¢ cknity i5contyolkd by its &Thrning a ¢knd Offn￿ and COD￿1￿1¢$ thirity. qx>rf •flbeTrnt• thr Ye•rE4thd3(l JwD¢ 21n4 The w￿ung theJrnt of the Tnmi is the Will ofii% lltr JOI￿ Rolvrw. C(41ithw. Pe*the*4. th1￿ 12 ￿ 1791 In of his Will. the kn Mi RObert￿n 4wx)inted as his Tnjkn thE elders of the Askxi&te con8relati￿ PdeThe whith h85 dtvolved to clda5 of Pttryhe•J N¢w P•ri5b wh) ve Tr￿$ ex offic￿. Appointinetx 05 ￿ eider of Peted￿NeW hrish P*Jlhr4d is by dECth(m oftk manbul ofth* Th￿l¢h. All n¢w aTt fiJ]ty appr4igol of the w0￿￿18s olthe Tnth *d its P￿IPleS by the aelk to the Tntyt. DECi5iOD5 in w¢kntion to Tntyl busirKss art * mealthgs of by Ma￿ decision. The day to day Tunlling of Ihe Th]st and its propatits i5 d¢l¢B￿d to the f¥tLY& mes￿ St¢w*rt & W•tson. Soli¢iM. The Tnts¢ has M a6K)CiBod cr sub5idiory bodie& One of the Tr￿￿5. has ￿£￿ of in thioll to the upk'eep Jiirt in1inten￿ of the sthtartial Tn￿1 PK 1I1(51,,, Since J￿e 2017. Thc rtmLwr*on Ole rL'S Eiive trust#e meet th¢ nditio￿ of 07 ot'tr* 2005 Ad thd •iwlr4 10 £5.(#I) (2011.. LS.iXiII for were plid h) the Tn]rte48. Th¢ main findn¢wJ rijk to the ¢hArity is t4)nsidutd ￿ E¢ of c45htlow ID of flow of tnwm¢ fA)m the propty prfolio kn f￿￿ th¢ on80in8 man88em¢nt m•inkn4￿¢ of th¢ pirticul8rly if thy foreseen mijor rep•irs TequifEd. kny of the ¢nui ¢4xnmu¢ial Pwies. whKh ATE lown centre retsil prwni were Id in tht Ith on 20 yw le&w which tenninth jltyt wior to the COVID pw**mic. Sxurin8 Pl￿ement ¢oMtnertI￿ t￿ts of raji￿lE within the M rcntrt h&4 r¢maineAI & L*allenge fcr &q li dLXS for Tnthy ¢tTtr l•ndh)rd5 the t•. To m¢* thi5 dMller¥e the TTPJSt ChDir mintsins an xliye rol¢ in lia￿1n8 with the Lct41 ALLtknrity Ind mBintsinin8 $WaTtn￿ of all iThi1511i￿s wthich Mryk tyw4rds rtinviyplin8 improwD8 the town ccntrE. The TnLsle¢5 kmpranly r•us¢tl iwxd6 in rrttrt ye8TS in order w nwintoiti suffi¢i¢nl hthds within the the rffi80in£ oblig**￿S of of thE ￿lIdIng P¥hvever whilst renthls w¢r¢ in lime IN)wever in th¢ yw 2 June 2024 wwe ￿1¢ ￿ mDke 8 %￿(%26,(￿) to Petrrl*al New hri5h Chureh Én¢eJthd lo suppjrt th• ¢hur¢h in its w)rk to t*•blith ￿next wohises and with its work D) outre4ch ￿ the aJmmwJity. The Tntsiees be thle to cominue with a Appr•th making awwds whilst PJMinuins to m¥intain funds within the Tru￿ maint*in the Th￿1 fthwe wer¥ion5. REFERENCE AP4D ADMINISTK4TIVE DETAIIS R¢Kkter•d Charfty SC 024687 Prindpal Mldrts• Per StEw•rt & Walw￿. Soli¢it 35 Street P*erhe AberdcM$hirE AB42 ITr J•kn Rotertxu Mortlfit*tth Trnt forthe Yur Ended 30Jw 1024 REfF.RENCE 4DMif4isfRATIVE DETAILS SLIE, GkE¢field 21 Link5 Turncc Petetkn Atr•deeRshir¢ AB42 ZXA 21125 atkl siyKd fffi its bEh￿f by.. ID(It4)thdtDt Ryrt to the Tr#s¢eg4 Df hn R￿Jert￿N Monllk*th* Try l Njort m the fOr￿￿ye4r￿thl 30 Jutte2024 5th ilttonpy sixty The cknrity* tsyst¢¢5 ￿¢ TAK￿$?) +k ￿ the pre[w￿ of the in %wrthnce with the ttrnis of the awyties d Tnytee ￿v￿rnI (Scothndl Aa 2W5 aThJ the awiiies AcMunts (YMIJNII Re8ul#ions 2(K161ts amendEdl clwity's In￿ets ctysidff the a￿1[ Jwuirrnmi of Re8ulatr*tt IfMIKal ￿ {¢) of the A¢wJrts Re￿1￿tKffis th¢s nol ly. It ￿ my res￿lbilIty the WEquired urth SK¢¥)Jb 44IIKc) of the Ad tt> S*T¢ whother lcul￿ m&ttcr5 ￿v¢ (ane ￿ my **ntK*J. examir*ticffl ¢￿I1￿j out with R¢Bulati(￿ I l of the awitics A¢¢amts {s¢ot14￿1) Rcgulations 2￿. An ex&rninatM includes & rtviÈw of the r•))Tth kw by thr a Compri￿tt ofth¢ I¢￿*￿ts p￿¢￿￿1 with tlyxc rrLyJrd5. 11 ￿$0 i￿[L￿$ W￿MItAti￿ of gny unu5ua] it•ns or dts¢b5un¥ in the xcount& and 5cd(in8 expla￿11(￿ frDm you Spy suth m•Thpts. The prcKedwes ￿der1•kett th) rK)t Tknvide all th¢ ¢vid¢n¢e thal would br wuircd in ￿ •Mlic wttntly l &) •) rAxILI opinirffj op th¢ view by IndtpthdtDt ¢Y*ablt)eViitAtement 11 I which Bives me ratonabl¢ e•we ￿ b¢liev¢ M in any rt¥t4 the rwiii¢m¢nty to keep aeecwtin8 WWLYd8 in ￿xthn¢¢ with secti￿ 41(IXal Df th 2(K15 Ad arKI Rryuknicfj 4 of the 2fy)6 Accour￿ RegUl￿K￿Ls. and to Prep￿ whith with the bj uryly with Relu￿￿)￿ 8 of th¢ 2fy Arojwrts Re8￿1￿￿* 12) VJ whi¢h, in my ttthld be in to axbl¢ • F¥tw¥ Wth[￿dIn8 ofth¢ w¥wits kn b¢ vh .QcLA)untanls Glebefield Hwe 21 Links'fewrnce Aberdeenshi AB42 2XA 28 MArch 2025 St*tementof FifftaThthl (OT the Ye•r EJ)thd 3•JuDt2•24 30.6.23 iJnr•rtolett41 fulld IWCOME AND ENDOWMEWTS FROM Ir&v¢sunM¢ 11K￿me 17W9 177586 EXPENDmTrE ON sir8 fi￿d$ 126J39 DoD4tIU￿ k* dwithk F4W¢WS To¢•1 137,147 130,339 Net8iiAS Lm inrtstm 9.372 NET INLY)ME 56,619 RECONCILIATI(AY OF FUNDS Tcul bro¥8hi forw¥d 2ISV81 2,801.962 TOTAL FL'NDS CARRIED FORWARD 2,927047 2,851.581 *B5 fonn ofthcsc 5￿ments 31 j￿¢2•24 30.623 fund filnds FIXED A&SEIS Inv￿￿nth1 pro￿ Swial invtStrn¢nts 2J70J 254,931 2.57Q5WJ 218.951 212S434 2.789.451 29.934 IJU73 30.156 91.192 14SK17 121,348 CREDFfoRS ArnO￿ts filling within y 10 (512181 NET CURRKNT A&SETS 69.130 TOTAL ASStTS LESS CVRREKt LIABILrnES 1858381 NET ASSETS 1927W7 2.858.581 FLThDS Unres¢rictsl t￿ 27047 2.858J81 TOTAL FUNDS I917￿•7 2,851,581 3i8ned (* its beh￿r tb¢ Yt4r Ended30 Ju&t 2024 AcCOu￿NG POUCJES Th¢ finI￿j￿ styt¢mu￿ of the chwity. is R public irnefii entlty FRS 102. ￿ve ittD ' TdwKc with the Clwific5 SORTr IFRS 1021 'Accowrting RerA)ning by aJaTiiic5". S￿￿￿ent of Recornmertd¢d Prnctice ylic4)k to L4witio* p¢p*ring their •¢¢wnts in rKcordance with th¢ Financi Stsodwd 44y1￿b]e ÉD tr¢ UK and RtpuW* of ]rtland {FRS 1021 (effxtiv¢ l J•nwy 2019y, FI￿1￿1￿ liepxiin8 s￿Id￿ 102 Tr Fintncidl StsThlard awJli(2bk in tht UK kewblic of 1T¢iw￿, End the ChArities and Tnolt¢ (s￿)￿￿1 Aa 21K)3. The l*vt b GdD£ Comc Thc Trustres hov¢ ciThiduel thi gvernll fowl¢￿1 poyts(ffl oflhe chtrrty of th¢ Trirw that there Ve no maiuial uncuthirtiC5 ability to ojrtinue fLY the ￿ Thvefve for tr* fthe*e firture on this ba514 the ac¢cdmts hv¢ b¢rn pryffd on 4 ￿1￿8 oxwl b&si IA)ntinued... fvr th¢ Yur Eod¢d 39 2024 INVESTMENT INCY)ME &24 30.6.23 Rcnts rrcrivcd Ttnan¢s rntrtributM)nJ Diirydends redd on illV¢S¢m 163.864 9.165 S.059 S73 1361 17W9 177 J86 RAISThG FUNDS 30.6.23 Insur￿C• 23J 33348 22241 44.167 Syndry expErts COU￿11 & rnte5 PMf¢siion*l f¢4$ Faa&s fees 303 8,184 3556 3&400 4.488 4949 3J 126J39 GRANTS PAYABLE 3•A24 30.6.23 t￿￿10￿5 fordwitsbk The ￿1 pw'd 10 Insi)￿1¢￿￿ dwiThJthe yetr *•$ ¥ hlh)ws'. X¢A24 30.6.23 4,OC AUDITOILS, REMUNERATIO 31.￿4 30.6.23 Fec5 payzbk kn th¢ c1wity￿ audim kythe •Ait ofthe ¢hthity's fir￿141 ststtments 4.488 Audit￿$ T¢mwxrnt*)n £1 th38 iii th¢ ¥0)Lu￿tY fees for pTepuBtion of the financial 9￿MentS I￿1 Inde￿derf e¥wni¢wty)n plus £1.914 in aydii k¢$ Royal F￿lIty of ProcuTat¥5. Py9 Continued... Job• Robertmn Trnit for the YtAr End¢d￿l JuDe 2•24 TRUSIELW RKMUNERAT10N AND BENEFITS 45dukofw yllb9tsrtti•1 Twust wpcn) portfolio. Th¢ F4id li £5.[￿). io the and malntrrA￿ of the 11 thB fiw¢i81 ye4T V￿5 £5,[K￿ (2023.. Trnitett, Ththy trwl¢ts' w¢M¢s ￿10 fortheyex 3Qjw￿ 2024 nor yrwuded 30 June 2023. IliVESTMEhT PROPERTY The t4lll￿ *d of us70￿ ddern11￿1 by w0fusio￿ th*t¥￿I sw¥tym, DM H￿1, & at 21 Dec¢mber 2017. The valu&tion is by th Tn*¢s 8$ b¢i08 • flir rtfkthi￿ of the mwket v8]ue of the Ytijerty wxtfolxi as ￿ tht yw ejwj d￿¢ of 30th Jur¢ 2024. Thc v•Ju•fiw will b¢ ree1￿{￿d by thE ongoin8 ann￿1 bAsi$. illvHtmEnts MARKET VALUE At l Juty 2023 Additions Rev8luIti￿ 318.951 999 At 30 Jme 2024 254J34 NET BOOK VALUE At 30 Junt 2024 254.934 At 30 Jun¢ 2Q23 211.951 Coknibii 11we*kn￿le. Cost or walLW¢](￿ M 30 June 2024 15 ryKEsffjled by: inv¢thttJ15 Va]Lwion in 2021 VHluation in 2022 Valuation in 2023 ValulltM)n in 2￿24 IV3J Z54.934 Past io forthe Yo*r End￿]•ju1￿ 2•24 DEWfOKS: AMOUNf3 FALLING DUE WITHIN OPIE YEAR 3DA24 30h23 Amtmml by fxtcrfs 313 21619 4,720 25.436 29.934 30,156 If CREDITORS: AMOVNTS FAiLING DUE WITHIN OYE YEAR 30A424 30ffj23 Trnde ¢reditOT5 44194 51218 ii. mOVEMw￿ IN FLliDS At 30.624 At 1.7.23 in fundB Un￿￿r￿le￿ 2,927W7 TOTAL FUYDS 6&4é6 2.917147 Net moV¢M¢￿ in fiwth, in llb)v¢ fc4k)ws'. IrK*Mni Gall￿ •Thl moV￿¢n¢ iti fimds Unn•trltt•d 174 (137.147} TOTAL FUNfk8 174A9 (137.1471 3•,984 Cornprn¢lve8 for fvJMJs Ai 30.623 Ai 1.7.22 in fthwjs Uvtatrirte41 1801, 5&619 2851581 TOTAL FUNDS 2.BOI,962 56,619 2158,531 to the Fln*nd*l ststrmottty. ¢owthued for tbeyur E•d¢d 30 Julle 2024 11. MOVEMENT Ili FUNDS. Irwmin8 Rc9)UT¢es G￿n5 ¥Th4 Movemem in fiands GEn¢r41 I77J86 (13OJ39) 9J72 56.619 iYyrAL FUNDS 177.586 (130J391 9Jn 56.619 A OJI￿￿1 yew 12 momhs •AxI pm¥yw 12 rombill¢dp)siil￿ li ufo]kn¥s: Nd At 30.6.24 Ai 1.7.22 in funts fiwd• Crtnertl 2.Wl.962 125.085 2,927,047 TufAL FUNIKS UOl,962 125.08J 1927.047 A 17urem y¢Ar 12 *Nd pNY year 12 wnbined n>)v•neni ir• funds ir*lud&l in the Abov¢ Qbr Ibw5'. In¢omin8 Giinj and Movement Unrulrldttl fuNd¥ General fund 351215 1267,486) 40J56 125,08J TOTAL Vulit 352215 1267.4161 40J56 125,085 12. RELATED PARTY DISCLOSURLS There transa¢tions with pwD'e5 oth¢r than the pid to thE TTWSI ag P4¢ 12 for tht Yur EudE4 3• Junt2024 30.6.24 30.6 JNCOME AND ENDOWM£NIS Rents rtteived Tajartt's c(fflmlJwi0Tr5 Dividernls ffc'd inve5tsDryts 158J04 9,165 4999 163.804 5.059 373 174629 177,586 174h29 I77J86 EXPENDrruiiE 23J58 33J48 21241 44.167 Sundry txFaises c￿￿¢17 ¢&x & rnt Prnfession￿ ftf4 P8Ctorf$ f¢t8 303 8.184 3.556 31.4( 107J95 121,851 arStsble •dlvl¢i Grants to ill8tiNtiL 4,OC(I AudI￿r5'rem￿rntIon ¥S2 4,488 137,147 130.339 N¢t iDtame 37A82 47.247 Pa8t 13