The Kate Kennedy Trust
Regislered C:h£rity Num ber SC.026695
Trustees, Annual Report & Accounls for the year ended 31 Nlarch 2025
Charity's principal Address:
Governing Document
Th¢ charity was r￿VISit[cd as a 'l'rust on 12 June 1997. It carne into ba'ng 10 saf￿uard the collection of costuML￿.
coaches l￿d other assLX5 used in th¢ annud Kale Kcnnedy Procession. These items PTeviously belo￿ed to the kale
Kennedy Club. ali Organisation foundcd In 1926 whose members arc all sludents al Ihe Lniversity, of St tlndrews.
Because the ivnponance of the Procession to the people of St Andrews and the value of the &ssets had Ix)th iiicre&%ed
greatly OVLY the iniLYvcnin¥ ycars. the Club decided that li should ihe collection Into ihe care of 4 TrusL .some of
whose members would be currenl s￿dentS but who would have the supwrt of an equal number of oldLY, more
experienced trustee& drawn from fomier members of the Club and other supporters.
Truytce reeruiimeni and appointment
E1￿h1 of th¢ trustees, whose names astensked below. are offi¢¢ b¢ar¢rs in the student organisarion known as ih¢ Kate
Kennedy Club. They are app)inted at ihe autumn meeting of the Trust. Mosl will servc for JU51 one ye* although they
are eligiblc for further ternig if they conttnue to hold office in the Club The non-studcnt trusl¢es are ey4)ccted lo serve
for ￿Veral y¢ar& io provide connnuity. bui present ihems¢lves for re-appointmenl each year at the a￿￿mn meeting.
C'iirrent Tniileeq Ifrnm ?7 In ?5)

Charitable Purpo8es
The Trust exists for the prescrvation and conservation of a collcrtion of hislorical and educational asset4 for the benefit
of the public thTough their use and display.
Activities
The Kate Kennedy Procession is a pageant. which depicts thc history of Scotland in general and of the town and
University of St Andr¢￿'S in parncular. It has taken place in St Andrews ei'ery Spring (apart from the war }'ears and
Iwice during the Covid pandemic) since 1926. Its origins are even older. Mor¢ than 150 historical charncters some of
whom ridc in coach¢s or on horseback and all of whom are c{thm￿. are r¢pr¢wted. The T￿st ensures that the coachcs
and costumes arc maintaincd and refurbished 01 repaird &s neccssary. The 2025 P￿sSiOn took place W 19 April and
w&s greeted with the customary enthusiasin by crowds of iownsfolk and visitors. For the second year ru￿Ing there was
Also a special exhibition of some of the costumes. this time entitled ( Ili=erni ufs'l ApKlreH'J. Wc were gratdul to the town
library for hosling it &$ the previous venue. the PreSen.￿lon Tru￿ MuseunL w&$ being renovated.

Policy on reserves
Last year's annual re￿rt highlighied the incre&sing cost of mounling the PrO￿S1on and the dual chllenge of finding
new ways to rwse the money for Il. We hope that the forthcoming centenary of thc Pro￿&s1On. in April 2026. will an
opp)rninity to meet those challcngcs. as well &s an occ&sion to celebrate. We have alre￿Y b¢en lie1p￿] by the good
otTices and gencrosjty of fornier members of thc kate kennedy Club, who have their own Life Menknrs ASS￿la￿On
(LMA)
What w&$ not mentioned in last year's report w&s a long-slanding concern aboui the poiential liabili
(due diligenc
and indemnity insurance notwithsLqnding) of individual ￿Udent inembcrs of the Club. and indeed of ourselves as
trustees. if theTC w¢rc lo b¢ a serious accident at one of the Club's fundraising bdlls or oihcr ev¢nl& or during the
Procession itself After much discussion and outside ad￿1¢¢, li was decided that th¢ Club should b¢wm¢ a SC'IO. Scttjng
this up In a robust and efficient way w&5 complicated by the tnple relationship between Club, Trnst and l.MA. It was
therefore necessary io lake legal ￿1viC¢. which was expensive. Fortunalcly, a fornier Club m¢mtKr 4q)F*d in with a
gift of £ Iok towards the cost and the SCIO now exisls.
The KK Procession has been a much-lovcd feature of the Si Andrews C￿endar. and an impx)nani brid$c betw¢cn town
and gc)wn. throughout ils 100-y¢ar hislor),. li fvll). deserves a special celebranon. planning for whjch 16 well underway
and will include ev￿lS for the local community and educalional opportunities for children. On¢¢ again, the life members
ar¢ pitching with £20k appeanng in this year's wunts and mre to follow. Onc legacy of the cefjllnary will bc
book ch8rting the history of the Procession through IIYJ image& each with xcoinpanying text, due lo
o on sale in thc
auluinn. A second legacy will be an r.ndowmeni Fun(L the income from whiclL it is hope4L will eve
ually offset the
in¢ieas¢d cosl ot" th¢ ProLxssion and thus ensure its survival.
Trustee RemuneratlOD and Expenses
No remuneralion, no expenses clwmed.
Approved by the Tru$te¢s on 27 Oetober 2024 and signed on their behalf by;
Hon. Treasurer
C"hairnian

The Kate Kennedy Trust Scottish Charity Number SC 026695
Receipts and Payments Accounts for the year ended 31 fvlareh 202.S
2024
Receipls
From Comniunity Trust
Sale of sword
Regiular Donalions
Bank Interest
Loan rcpayinenl
Gift Aid
Towards legal costs for SCIO
For the Ceiilenilry l¥ocession
For lli('. HniLL' opera
RepayiiiLnt b), Treasurer
Total Receipts
-1000 For 2024 ProC￿￿10n
.109
480
490
128
120
5000 [from .24 Procusion] 5000 [from 2023 Proca8tonl
619
i 0000
2UOOO
61K)
86
38924
Payments
Mannequinslcostiimes
Procession 2024 [loan from TnLs11
Icnmmunity Trusi ¥r8nt"i .10()O
Legal fee for SL10
Ph()lography for Ceiilenary Flook
Purcliasc of Ili('. 13rnLL scorc
Biiiding, llii. IlruL'L' sLore
Sundry
Total Expenditure
194
5000
5000 [loan for 20?3 Proctssion
I CJTani r¢￿e1v(%1 08 02 241
12000
16(X)
205
302
144
222.51
Surplusl(deficitl for the year
16674
4344
All fuiids are uiireslricled.
Approved by the Trustees on 2F,, I
yand siRned ()n their behalf:

The Kate Kennedy Trust
Reglstered Charlty Number SC 026695
Statement of Balances as at 31" Marth 2025
2025
2024
Opening balances
14,131
9,787
Surplusldeficit for year 16,674
Closing balances
30.805
14.131
All funds are unrestricted.
Assets
th
Late 19 Century Victoria {Kate Kenned(s Coach)
18" Century covered coach (Archbishop Sharp's Coach)
Costumes and props for the characters in the Procession.
Approved by the Trustees on 7/ib j ? Sand slgned on thelr behalf:

The Kate Kennedv Trust
Regisiered Charity Numlrr .SC O?6695
Independent Examiner's Report on the Accounts
for the FKriod 01.04.?4- 31.U3.25
My examination was carried out in accordance with Regulation I l of the 2006 Accourts
RLgulations.
In the course of my ¢xarnination. no marter came to my attention which gave me re&sotyable
cause io bclieve thai in any material rcstKct the requirements.
to kLep accounting records in accordance with Scction 44(1) (a) of the ?005 Act and
Re￿￿ulatIOn 4 of ihL 2006 Accounts Regulations.
lo prepare accounls which accord w'ith the accounting recor(Is and comply with
Regulation 9 of ihe 2006 Accounts Regulations
had not been mct.
or lo which, in mv opinion, atlention should be drawn in order to enable a prO￿T
understanding of the accounls to be reachLal.
Dale:
2116125
Independent Examiner