DR ELIZABETH ANDERSON CALDER MEMORIAL TRUST
Trustees’ Annual Report and Accounts for the year ended 05 April 2025
Scottish Charity No: SC025003
Contact Address
Mactaggart & Co. Solicitors 72-74 Main Street LARGS Ayrshire KA30 8AL
Governing Document
Constituted by Deed of Trust
Charitable Purposes
The object of the charity is to hold the funds in Trust and to make payments to relieve poverty, destruction, financial hardship, misery, neglect, suffering, disease, sickness, infirmity or mental or physical handicap. The Trust deed gives the trustees the power to apply the funds whether by donation or otherwise to such individuals, whether British subjects or not and whether resident in the United Kingdom or elsewhere; at their sole discretion which they consider appropriate for the furtherance of the purposes of the trust.
Activities and achievements
The trustee considered various applications and agreed and paid | donation to one registered charity. These donation was £2,000. The trustee was also advised by the stockbrokers in relation to the discretionary management of the investments and considered the reports provided in this regard.
Trustee remuneration and expenses
Legal costs for administering the trust were paid to Mactaggart & Co. solicitors with which the Trustee has a business connection.a a director.
Reserves
At the end of the year Mactaggart & Co. held a balance of £61,803.07 and Rathbones held a balance of £9,343.60 over and above the portfolio valuation.
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:Approved by the TrusteesTrusteeand signed and their behalf
23 |10)/2025
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DR ELIZABETH ANDERSON CALDER MEMORIAL TRUST Receipts and Payments Account for the year ended 05 April 2025 Scottish Charity No: SC025003
| 2024 | 2025 | |
|---|---|---|
| Receipts | ||
| Dividends from Investment Portfolio | 14,064 | 17,232 |
| Interest received | 5,934 | 4,743 |
| Asset & Investment Sales: | ||
| Proceeds from sale of investments etc | 6,086 | 128,335 |
| Total Receipts | 26,084 | 150,309 |
| Payments | ||
| Investment Management Costs: | ||
| Rathbones Fee (Investment Advisors) | 6,224 | 6,706 |
| Grants and donations: | ||
| Ayrshire Hospice | 1,900 | |
| Beatson Cancer Charity | 1,000 | |
| Branch Out Together | 1,000 | |
| British Heart Foundation | 1,000 | |
| Canine Concern Scotland | 1,900 | |
| Erskine | 1,000 | |
| Good Morning Service | 1,900 | |
| Hextol Foundation | 1,000 | |
| McMillan Cancer Support | 2,000 | |
| Saving & Rehoming Strays | - | 2,000 |
| SSAFA | 1,000 | |
| Scottish Huntington's Association | 1,900 | |
| Scottish Mountain Rescue | 1,900 | |
| Sunshine Wishes Children's Charity | 1,900 | |
| The Trussell Trust | 1,000 | |
| Veteran's Scotland | 1,000 | |
| Total Grants and donations | 21,400 | 2,000 |
| Governance Costs: | ||
| Audit/independent examination | 581 | 633 |
| Legal Costs | 5,418 | 6,252 |
| Total Governance Costs | 5,999 | 6,885 |
| Payments relating to Asset& Investment Movements: | ||
| Purchase of Investments | 0 | 117,446 |
| Total payments | 33,623 | 133,037 |
| Surplus/ (deficit) foryear | -7,539 | 17,273 |
| Allfundsareunrestricted |
DR ELIZABETH ANDERSON CALDER MEMORIAL TRUST
Statement of Balances as at 05 April 2025
Scottish Charity No: SC025003
| 2024 | 2025 | |
|---|---|---|
| Bank and cash in hand | ||
| Opening Balances | 61,413 | 53,874 |
| Surplus/ (deficit) for year | -7,539 | 17,273 |
| 53,874 | 71,147 | |
| Reserves | ||
| General funds | 53,874 | 71,147 |
| Closing balances | 53,874 | 71,147 |
| Assets | ||
| Rathbones Portfolio | 731,323 | 707,113 |
| 731,323 | 707,113 |
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; Trustee
2% [12/2023
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Scottish Charity No: S$C025003
Independent Examiner’s Report to the Trustees of Dr. Elizabeth Anderson Calder Memorial Trust
I report on the accounts of the charity for the year ended 05 April 2025 which are set out on pages 2 to 4.
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. The charity trustees consider that the audit requirement of Regulation 10(1) (d) 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 independent examiner’s statement
My examination is 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 seeks explanations from the 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 the course of my examination, no matter has come to my attention [ether-than-disclosed below]
-
which gives me reasonable cause to believe that in any material respect the requirements:
-
e 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 comply with Regulation 9 of the 2006 Accounts Regulations
have not been met, or
- to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
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Relevant Professional qualification/professional body:
Date: UL / VG / LS
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- Please delete the words in brackets if they do not apply. If words do apply set out those matters which have come to your attention.